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MONTVALE, N.J., May 19, 2022 /PRNewswire/ -- Sharp Imaging and Information Company of America (SIICA), a division of Sharp Electronics Corporation (SEC), is pleased to announce that CRN, a brand of The Channel Company, has named Erica Calise, Director of Marketing, Government and Corporate Accounts, and Naeran Rubio, Associate Director, Content & Communications, to its Women of the Channel list for 2022. Those named on this annual list come from all corners of the IT channel — including vendors, distributors and solution providers whose vision, expertise and contributions make an impact on the industry every day.
By bringing innovative concepts, strategic business planning and comprehensive channel initiatives to life, these extraordinary women support partners and customers with exceptional leadership. CRN celebrates these women, who are so deserving of recognition, for their constant dedication to channel excellence.
"We are proud to once again recognize the remarkable leaders on this year's Women of the Channel list. Their influence, confidence, and diligence continue to accelerate channel success significantly," said Blaine Raddon, CEO of The Channel Company. "Their accomplishments will inspire others, and we look forward to witnessing their future contributions to the channel."
Erica Calise has been part of the Sharp family for over 30 years and oversees a team that manages bid-and-response initiatives, contract marketing and contract management for all of Sharp's government and major account clients. Throughout her tenure, she has played a crucial role in navigating evolving technology, changing government administrations, and budget adjustments. Erica is an established leader in the industry and has been involved in the development of marketing deliverables for Sharp's channel partners that led to increased engagement in both the government and healthcare markets. Most recently, she was awarded the Legendary Leadership award from Sourcewell, a national cooperative organization dedicated to serving government, educational and non-profits.
With over ten years of experience in diverse communications and marketing, Naeran Rubio leads a team of professionals that create the organic and paid content for Sharp's channel partners. In her role, Naeran strives to provide useful and clear communication to the channel sales and service members through various platforms including SIICA's blog, social media profiles and strategic email and newsletter communications. She focuses on generating content on topics that are critical to channel partners, while also striving to be a leader and mentor to her colleagues, providing them with the tools and resources they need to thrive.
"We're honored to have Erica and Naeran represent the Sharp family as CRN Women of the Channel," said Mike Marusic, President and CEO, SIICA. "Their commitment to the success and growth of the company is felt within the channel community and we're excited to continue to see their leadership and strong relationships continue to flourish in the future."
CRN's 2022 Women of the Channel list will be featured in the June issue of CRN Magazine and online at www.CRN.com/WOTC.
About Sharp Electronics Corporation
Sharp Electronics Corporation is the U.S. subsidiary of Japan's Sharp Corporation. Sharp is a worldwide developer of one-of-a-kind home appliances, networked multifunctional office solutions, professional displays and smart office technologies. Sharp has been named to Fortune magazine's 2020 World's Most Admired Companies List, ranking the world's most respected and reputable companies. Sharp's headquarters in Montvale, NJ has been named a "Best Places to Work in NJ 2021" by NJBIZ, a leading New Jersey business publication.
About Sharp Imaging and Information Company of America
Sharp Imaging and Information Company of America (SIICA), a division of Sharp Electronics Corporation, markets Sharp's Simply Smarter business products and solutions, such as professional displays, laptops, desktop monitors and a full suite of copier and printer solutions, that can help companies manage workflow efficiently and increase productivity so they can work smarter. SIICA markets its products through a vast network of independent dealerships as well as its through its direct sales division, Sharp Business Systems (SBS). By accelerating collaboration, improving efficiencies, digitizing workflows, and increasing information security, Sharp strives to help businesses achieve Simply Smarter work through technology that is smart and easy to use. For more information, visit our website at business.sharpusa.com.
For more information on Sharp's business products, visit our website at business.sharpusa.com. Become a fan of Sharp business products on Facebook, follow us on Twitter, LinkedIn and Instagram and watch us on YouTube.
About The Channel Company
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers, and end-users. Backed by more than 30 years of unequaled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com
Follow The Channel Company: Twitter, LinkedIn, and Facebook.
© 2022. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.
The Channel Company Contact:
Jennifer Hogan
The Channel Company
jhogan@thechannelcompany.com
Peppercomm for Sharp
Paul Merchan
212.931.6172
PMerchan@Peppercomm.com
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SOURCE Sharp Electronics Corporation | https://www.wibw.com/prnewswire/2022/05/19/sharps-erica-calise-naeran-rubio-recognized-crns-2022-women-channel/ | 2022-05-19T14:34:45Z |
The mayor of Jackson, Miss., Chokwe Antar Lumumba (D), said on Sunday that federal infrastructure funding is “insufficient” to address “30 years of deferred maintenance and accumulated challenges” associated with the city’s water system.
During an appearance on CBS’s “Face the Nation,” moderator Margaret Brennan noted that Jackson received $42 million from the American Rescue Plan Act (ARPA) last year, adding that President Biden stressed during the signing of the bill the importance of preventing a reoccurrence of water crises in cities such as Jackson and Flint, Mich.
“We have committed the grand majority of our ARPA funds towards our infrastructure, not only at the water treatment facility, but distribution lines,” Lumumba told Brennan. “We’ve spent $8 million on one pipe alone to South Jackson, which is disproportionately affected. It is also critical for people to know that the city of Jackson didn’t get $42 million at one time, merely a little over a month ago, we got our second tranche of the funds.”
Lumumba told Brennan that his administration is committing the “overwhelming majority” of the city’s funding to address the current water crisis.
“However, it is insufficient to meet the great need of 30 years of deferred maintenance and accumulated challenges,” he added. “And so it will take a coordinated effort on not only the local state, but federal levels as well.”
Lumumba’s remarks come after Mississippi Gov. Tate Reeves (R) declared a state of emergency last month for areas, including Jackson, that were hit by major flooding. The city’s 150,000 residents were left without potable water to drink.
During a press conference last week, Reeves said that he is open to numerous long-term options in an effort to restore Jackson’s water system, noting that transferring the system to a private company is “on the table.” | https://cw33.com/hill-politics/jackson-mayor-federal-infrastructure-funding-insufficient-to-address-citys-water-system-problems/ | 2022-09-12T23:49:30Z |
GARDEN GROVE, Calif., May 16, 2022 /PRNewswire/ -- Media One Digital Imaging proudly announces a new distribution center on the border of Minneapolis / Twin cities and Wisconsin. Media One River Falls Location can service Madison, Milwaukee, Iowa and Chicago areas next day.
We are stocked and fully operational with all fabrics and finishing accessories along with slitting and winding capabilities. This gives us same day delivery service to Minneapolis, Madison.
Media One Digital Imaging added this building in an effort to support our growing customer base in the USA and Canada and to offer better turnaround times and lower freight costs for our customers. In a world where the supply chain has been upended, we are committed to finding solutions to meet our customer needs.
Please reach out to Media One for more information at web@mediaoneusa.com
About Media One Digital Imaging Solutions, LLC
Media One is a full-service technology integration company focused on textile printing. We have solutions for every aspect of large format printing, from paper, fabric, to workflow, color management, digital printing equipment, sewing, precision laser cutting and finishing. With partners like Berger Textiles, BILD, Dimense, HP, Endutex, Klieverik, Matic and more, we have what you need for your digital printing production. Media One has a full-range of printable fabrics that form a matched-component system integrating software, equipment, ink, and profiles for optimal performance. We stand behind our products with full nationwide technical support, installation & service. With 5 warehouse locations across the country, we can deliver quickly & efficiently. Learn more at: http://www.mediaoneusa.com/
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SOURCE Media One USA | https://www.wibw.com/prnewswire/2022/05/16/media-one-digital-imaging-opens-warehouse-north-east/ | 2022-05-16T22:23:56Z |
G7 invoke ‘unity’ against Russia; EU pledges Ukraine funds
By FRANK JORDANS
Associated Press
WEISSENHAUS, Germany (AP) — The European Union’s foreign affairs chief says the EU is giving Ukraine another $520 million to buy heavy weapons to fend off the Russian invasion. Josep Borrell said the funds would take the bloc’s total financial support for Ukraine to 2 billion euros ($2.1 billion). He also expressed hope of getting the bloc’s member nations to agree to an oil embargo against Russia, despite misgivings from some countries. Borrell spoke before a meeting Friday of top diplomats from the Group of Seven wealthy nations. Among the issues on the agenda is how to unblock millions of tons of grain stuck in Ukraine that are urgently needed to ease food shortages around the world. | https://localnews8.com/news/ap-national-business/2022/05/13/g7-invoke-unity-against-russia-eu-pledges-ukraine-funds/ | 2022-05-13T09:18:40Z |
SOMERVILLE, Mass., June 9, 2022 /PRNewswire/ -- GNS today announced that John Maraganore, PhD, biopharma industry leader and the former founding CEO of Alnylam Pharmaceuticals, has joined GNS as a strategic advisor.
"John is a visionary and an inspiration for the biopharma industry and his perspective and deep insights in life sciences R&D will be incredibly valuable for GNS. On behalf of the rest of our board and all our employees and partners, I'm delighted to welcome John to our team, and I look forward to working closely with him as we continue to grow the leading company in the field of virtual patients and digital twins to support the faster discovery and development of new medicines", said Colin Hill, CEO and Co-founder of GNS.
"GNS is in a unique position to radically transform drug discovery and development", said Dr. Maraganore. "Their Gemini virtual patients, created by combining their Causal AI technology with clinico-genomic data, uncover insights in human disease biology that previously took years, if not decades, to understand. I am excited to join them as a strategic advisor and to work with Colin and the rest of the leadership team to help them accelerate the implementation of these capabilities that can transform the discovery and development of new and better medicines that will improve patient outcomes."
Dr. John Maraganore served as the founding CEO and a Director of Alnylam from 2002 to 2021, where he built and led the company from early platform research on RNA interference through global approval and commercialization of the first four RNAi therapeutic medicines, ONPATTRO®, GIVLAARI®, OXLUMO®, and Leqvio®. He also led the company's value creation strategy, building $25B in market capitalization, and forming over 20 major pharmaceutical alliances. He continues to serve on the Alnylam Scientific Advisory Board. Prior to Alnylam, he served as an officer and a member of the management team for Millennium Pharmaceuticals, Inc., where he was responsible for the company's product franchises in oncology, and cardiovascular, inflammatory, and metabolic diseases, in addition to leadership of M&A, strategy, and biotherapeutics functions. Before Millennium, he served as Director of Molecular Biology and Director of Market and Business Development at Biogen, Inc. where he invented and led the discovery and development of ANGIOMAX® (bivalirudin) for injection. Previously, he was a scientist at ZymoGenetics, Inc. and the Upjohn Company. Dr. Maraganore received his M.S. and Ph.D. in biochemistry and molecular biology at the University of Chicago. He is currently a Venture Partner at ARCH Venture Partners, a Venture Advisor at Atlas Ventures, and an Executive Partner at RTW Investments. He is also Chair of the Board of Directors of Hemab Therapeutics and a member of the Board of Directors of Agios Pharmaceuticals, Beam Therapeutics, Kymera Therapeutics, and the Biotechnology Industry Organization, where he was Chair from 2017-2019. In addition, he serves on the Board of the Termeer Foundation, as Chair of the n-Lorem Foundation Advisory Council, on the Advisory Board of Ariadne Labs, and as a strategic advisor to a number of innovative companies.
GNS is the leader in the application of Causal AI and simulation technology to discover and validate novel drug targets, simulate clinical trials, and help pharmaceutical and biotech companies discover and develop new medicines faster. GNS' patented AI uncovers new insights from multi-omics and real-world data leading to the discovery and prioritization of novel biological targets, more efficient clinical trials, and patients who are likely to respond to therapies. The Gemini Virtual Patient models across oncology, auto-immune diseases, and neurology allow researchers and data scientists to simulate clinical trials, disease progression and drug response at the individual patient level in diverse patient cohorts. GNS' partners include seven out of the top ten pharmaceutical companies, leading research centers, medical societies, and patient advocacy groups globally. Our advisory board consists of a renowned group of scientific and medical experts. For more information, please visit www.gnshealthcare.com
Media Contact:
Zena Sfeir
Director of Marketing
zsfeir@gnshealthcare.com
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SOURCE GNS | https://www.mysuncoast.com/prnewswire/2022/06/09/gns-appoints-john-maraganore-phd-strategic-advisor/ | 2022-06-09T12:45:08Z |
Investments by Genstar and Management to Continue
DAPHNE, Ala., May 19, 2022 /PRNewswire/ -- BBB Industries, LLC (BBB), a sustainable manufacturer and leader in the automotive aftermarket, today announced that it has entered into a definitive agreement to be acquired by Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") with continued investment by Genstar Capital (Genstar) and BBB's management team. Upon closing the transaction, Clearlake will become majority shareholders of BBB; financial terms of the transaction were not disclosed.
For 35 years, BBB has been a pioneer in the sustainable manufacturing of automotive parts. Founded in 1987, the company quickly became known for high-quality, sustainably manufactured parts throughout the automotive industry. Today, BBB does business in 64 countries through 5 divisions with multiple sustainable manufacturing facilities and distribution centers located throughout North America and Europe. The company's newest division, TerrePower, brings its sustainable manufacturing process to the electric vehicle and renewable energy sectors. Through TerrePower, electric vehicle batteries that fail and degrade over time, can now be given a second and sometimes third life in a battery electric vehicle or in stationary storage.
"I have long admired Clearlake's strong record of success and look forward to partnering with the team as we continue the company's evolution," said Duncan Gillis, CEO of BBB. "I thank Genstar for their great partnership over these past years and for continuing to demonstrate confidence in BBB with their ongoing investment in the company."
"We have increasingly deepened our knowledge of, and relationship with, BBB over the past several years and have been impressed with the company's development. We see a significant opportunity to partner with BBB's management team to build upon their core business as well as several compelling growth areas across the automotive and broader industrial and renewable energy ecosystems," said José E. Feliciano, Co-Founder and Managing Partner of Clearlake.
"We are very proud of BBB's success, and I thank their management team for their leadership and strategic vision over the past four years. We are excited about the opportunity to remain invested in the company, and we look forward to partnering with Clearlake," said Rob Rutledge, Managing Director at Genstar.
The transaction is expected to close later this year pending customary closing conditions. Goldman Sachs & Co. LLC served as financial advisor to BBB and Latham & Watkins, LLP served as legal counsel to BBB. J.P. Morgan served as financial advisor and provided committed debt financing to Clearlake in support of the transaction. Kirkland & Ellis LLP served as legal counsel to Clearlake.
About BBB Industries
BBB Industries, LLC is an industry leader in the sustainable manufacturing of starters, alternators, hydraulic and air disc brake calipers, hydraulic and electronic power steering products, and turbochargers for the OEM, passenger, industrial, and commercial vehicle aftermarket industries. Through Industrial Metalcaucho, S.L.U., BBB also supplies the automotive aftermarket with an assortment of rubber, metal, and rubber-to-metal products across more than 64 countries. Through its newest division, TerrePower, BBB brings its sustainable manufacturing process to the electric vehicle and renewable energy sectors. Founded in 1987, BBB Industries, LLC is a private company headquartered in Daphne, Alabama. Please see www.bbbind.com for more information.
About Clearlake Capital Group
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are industrials, technology, and consumer. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.
About Genstar Capital
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $35 billion of assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrials, and software industries.
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SOURCE BBB Industries, LLC; Clearlake Capital Group | https://www.kxii.com/prnewswire/2022/05/19/bbb-industries-announces-acquisition-by-clearlake-fuel-continued-growth-leading-sustainable-manufacturing-platform/ | 2022-05-19T17:09:44Z |
Ryan Reynolds thinks Disney should reconsider the ratings on a few of the studio's classic films.
As Disney+ announced Thursday that the R-rated Marvel movies "Deadpool," "Deadpool 2" and "Logan" will soon be available to stream on the service, Reynolds, Deadpool himself, couldn't help but share his thoughts on the move.
"We're supposed to announce Logan and Deadpool will soon be the first R-rated movies on Disney+. But we all know some Disney movies should already be rated R for irreversible trauma," Reynolds tweeted.
And what movies would those be?
"Snow White and the Seven Dwarfs," "Old Yeller," "The Lion King" and "Bambi" were among the Disney hits Reynolds suggested for ratings revaluation.
When it comes to "Snow White and the Seven Dwarfs," Reynolds said that the animated 1937 classic should be given an R-rating because, "Breaking and entering, borderline polyandry, [and] pretty sure those diamonds aren't cruelty-free."
He tweeted "Old Yeller" made his list because the flick caused him to "total ugly-cry." His additional justification referenced the "straight-up murder of Old Yeller. Also, bear abuse."
Reynolds went on to quip that the "The Lion King" is full of "Fratricide, mauling, very possibly half-sibling lovin', or at least kissing cousins. Seriously."
As for "Bambi," "Cold-blooded killing of an innocent deer mom, that will cause lifelong trauma," he wrote.
Disney+ hasn't responded to Reynolds' (joke) suggestions just yet, but in a press release announcing the new Marvel additions beginning Friday, the company encouraged subscribers to revisit their parental control settings "to ensure a viewing experience most suitable for them and their family."
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/ryan-reynolds-explains-why-a-few-disney-classics-deserve-r-ratings/article_b75372e5-d6df-582e-b467-aff59cfd96d8.html | 2022-07-22T06:32:08Z |
ST. PETERSBURG, Fla. (AP) — The unprecedented, experimental program to feed starving manatees in Florida is ending, but the greater issue is the polluted water that causes the marine mammals to run out of their natural seagrass forage.
Wildlife officials said Thursday that more than 202,000 pounds (91,600 kilograms) of lettuce has been fed to manatees at a power plant on Florida’s east coast where the animals gather in cold months because of the warm water discharge. Most of the cost was through donations from around the world.
With summer’s onset, that effort is ending but probably will resume next winter. Many manatees are still stressed from chronic malnutrition that won’t disappear just because of warmer weather.
Yet, during an online news conference Thursday, officials said the feeding program — again, never done before with wild animals like manatees — was generally a success.
“Going into this, we had no idea how it would work and if it would work,” said Ron Mezich, one of the main Florida Fish and Wildlife Conservation Commission officials involved in the project. “We haven’t had discussions about next winter yet.”
Last winter, a record 1,100 manatees died largely from starvation because water pollutionfrom agricultural, septic tank, urban runoff and other sources has diminished their main winter food source along Florida’s east coast, especially the Indian River Lagoon that stretches from Cape Canaveral to the south.
So far this year, Florida officials have confirmed 479 manatee deaths, compared with more than 600 last year at this same time. Both are well above the five-year average of 287 manatee deaths in the time period.
There are only an estimated 7,520 of the animals in the wild today, according to the state wildlife commission.
Manatees are gentle round-tailed giants, sometimes known as sea cows, and weigh as much as 1,200 pounds (550 kilograms) and live as long as 65 years or so. Manatees are Florida’s official state marine mammal and are closely related to elephants.
Although the feeding program is seen as a success, many manatees are still debilitated from malnutrition and won’t immediately recover, officials said.
“They are still in trouble,” said Martine deWit, a marine mammal veterinarian with the FWC. “It does not mean they are getting better.”
Dozens of distressed manatees have been rescued and taken to places like SeaWorld in Orlando, zoos and aquariums in Florida and elsewhere around the country. As of Thursday, there were more than 80 manatees in care at 14 facilities, almost all suffering from starvation.
This is an unprecedented effort to save a threatened species that has long had difficulty coexisting with humans, from the pollution problem to boat strikes.
“We’re all going to keep working to see what we can do better,” said Teresa Calleson with the U.S. Fish and Wildlife Service.
Aside from the feeding, there is an effort to restore the seagrass beds. Since 2009 about 58% of the seagrass has been lost in the Indian River Lagoon, state estimates show.
State lawmakers appropriated about $8 million for restoration efforts, including access to natural springs and planting new seagrass. This will take years, however, and some political will.
“What’s going to solve the problem is restoring the Indian River Lagoon,” said Tom Reinert, FWC spokesman for the manatee program.
Officials ask anyone who sees a distressed or dying manatee to call the FWC hotlineat 888-404-3922. | https://cw33.com/news/science-technology/ap-science/florida-manatee-feeding-plan-ends-starvation-still-an-issue/ | 2022-04-07T23:55:45Z |
‘This is hockey culture’: Former players, advocates react to Hockey Canada hearings
By Michael Lee, CTVNews.ca writer
Click here for updates on this story
Toronto, Canada (CTV Network) — Calls continue for a major shakeup at Hockey Canada following recent revelations around how the organization handled past claims of sexual assault.
The House of Commons Canadian Heritage Committee has been probing the organization’s handling of previous assault allegations, including setting aside a reserve funded by player fees to pay for “uninsured liabilities,” such as sexual abuse claims.
“I’m not surprised,” Brock McGillis, an LGBTQIA2S+ advocate and the first openly gay men’s professional hockey player, told CTV News Channel on Thursday.
“This is hockey culture, this is what it has been, this is what I’ve been saying since 2016 and it needs a complete overhaul.”
On Wednesday, it was revealed that Hockey Canada paid $7.6 million in nine settlements since 1989 involving sexual assault and abuse claims.
Of that, $6.8 million involved settlements related to Graham James, a former junior hockey coach convicted of sexually abusing players.
The $7.6 million does not include an undisclosed amount from a settlement, revealed in May, with a woman who sued Hockey Canada over an alleged sexual assault in London, Ont., that involved members of the 2018 Canadian world junior hockey team. The allegations have not been proven in court.
Hockey Canada has reopened its independent investigation into that case, which allegedly occurred after a Hockey Canada gala, and the law firm handling it says it has interviewed the complainant. The organization also plans to speak with nine players who were at the gala, but not interviewed in the initial investigation in 2018.
Hockey Canada executives have said the woman decided against speaking with police or investigators and chose not to identify the players involved at the time.
Police in London, Ont., have since reopened their investigation into the 2018 team. Halifax police are also investigating a historic alleged group sexual assault at the world junior hockey championships in 2003.
Meanwhile, Hockey Canada has been criticized for maintaining a reserve called the National Equity Fund, which comes from player fees to be used for “uninsured liabilities,” including but not limited to, sexual abuse claims.
Hockey Canada has since said it would no longer use the fund to settle claims of sexual assault.
“I think it’s disgusting, I think it’s sad,” McGillis said about the reserve fund.
“… I mean to play AAA hockey, parents are paying upwards of $20,000 a year for their child to play, and then to find out that some of that money is being used towards paying out victims of sexual assault. And furthermore, instead of doing proactive things like using money to really shift the culture and humanize issues and educate folks, we’re using it in a reactive way to pay out and silence victims.”
CALLS FOR HOCKEY CANADA LEADERSHIP TO RESIGN
McGillis and others have called for a change in leadership at Hockey Canada.
Among those calling for the resignation of Hockey Canada president and chief executive officer Scott Smith is former NHL player and victims rights advocate Sheldon Kennedy. Kennedy has been vocal about a culture shift in hockey following his own experience being abused by then-coach Graham James.
Kennedy shared a statement Tuesday on Twitter following the release of an “action plan” by Hockey Canada to combat “toxic” culture in its sport.
Smith has said that while an ongoing governance review may find he is not the best person to serve in the role, he believes he is “the right person to lead Hockey Canada to a new place.”
Politicians, including Prime Minister Justin Trudeau, also have taken aim at Hockey Canada. In June, the federal government suspended funding to the organization.
McGillis said recent events could prove to be a “watershed” moment for Hockey Canada, but noted it will depend on whether a new leadership team and board is put in place.
“I’m not fully optimistic yet, but I’m more encouraged than I have been in the past six years of doing this work,” he said.
Brady Leavold, a former Canadian Hockey League player and founder of Puck Support, an organization focused on substance abuse and mental health in hockey, told CTV News Channel on Wednesday that as one of the leading organizations in the country, Hockey Canada needs to “step up and go above and beyond.”
“I think initially I wanted to give them the benefit of the doubt, but as more stuff starts to come out it’s pretty clear to me that trust has been broken, and this is one of the most prestigious organizations here in Canada,” he said.
“And whether it was or not, I think the people here need to be able to trust those in charge and in my opinion, sitting here today, I think they need to do their due diligence and do the right thing for everybody and step down.”
In a statement issued Thursday, Ann Pegoraro, a University of Guelph professor and co-director of the National Network for Research on Gender Equity in Canadian Sport, said if Hockey Canada wants to regain the trust of Canadians, those in leadership need to resign.
She also called for more diversity in all sport management.
“You really can’t solve problems like this when you have the same people and mindsets that created the problems in the first place,” she said in the statement.
With files from CTV News and The Canadian Press
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
CTVNews.cactvnews.caproducers@bellmedia.ca | https://localnews8.com/cnn-regional/2022/07/30/this-is-hockey-culture-former-players-advocates-react-to-hockey-canada-hearings/ | 2022-07-30T18:40:17Z |
CHICAGO, Aug. 29, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today launched Bitcoin Euro and Ether Euro futures.
"The launch of these new futures contracts builds on the strong growth and deep liquidity we have seen in our existing U.S. dollar-denominated Bitcoin and Ether futures contracts," said Tim McCourt, Global Head of Equity and FX Products, CME Group. "Our new Bitcoin Euro and Ether Euro futures will provide institutional clients, both within and outside the U.S., with more precise and regulated tools to trade and hedge exposure to the two largest cryptocurrencies by market cap."
Bitcoin Euro and Ether Euro futures contracts will be sized at five bitcoin and 50 ether per contract. These new contracts will be cash-settled, based on the CME CF Bitcoin-Euro Reference Rate and CME CF Ether-Euro Reference Rate, which serve as once-a-day reference rates of the euro-denominated price of bitcoin and ether.
These new futures contracts will be listed on and subject to the rules of CME.
For more information on this product, please visit https://www.cmegroup.com/cryptocurrencies#explore-our-cryptocurrency-products.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
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SOURCE CME Group | https://www.kxii.com/prnewswire/2022/08/29/cme-group-announces-launch-euro-denominated-bitcoin-ether-futures/ | 2022-08-29T14:28:13Z |
SEOUL, South Korea, June 17, 2022 /PRNewswire/ -- d'Alba's waterfull sunscreens are their other signature line of products apart from the best-selling white truffle first spray serum. The steady selling sunscreen line includes three products with variations to accommodate different needs. The products are: waterfull essence sunscreen (chemical sunscreen), waterfull mild sunscreen (mineral/physical sunscreen), and waterfull tone-up sunscreen (pink tinted hybrid sunscreen). The sunscreens have sold over 2 million bottles globally and the waterfull essence sunscreen has received 5.0/5.0 rating from beauty and skincare experts on Beautytap.com. Reviewed well for being non-greasy, fast absorbing, smooth, and having strong sun protection.
Although the sunscreens have different sun protecting ingredients, all three products have smooth application, like an essence, concurring with "waterfull" in their names. All d'Alba's sunscreens have been certified vegan by V-Label, an Italian Vegetarian Union that is currently recognized internationally and a registered symbol for labelling vegan products. Their sunscreens have gentle and mild plant-based ingredients, making them suitable for all skin types. Like all other d'Alba products, the sunscreens are infused with high quality white truffles harvested from Piedmont Alba in Italy.
d'Alba's sunscreen line is loved by consumers in Korea. Just in 2022, d'Alba maintained as the No.1 vegan beauty brand and kept its place within the Top 3 sunscreens in Korea. They have received this ranking in the sunscreen category for being vegan, light weight, having no harsh white cast, essence-like texture, and many other reasons. d'Alba is constantly growing in the United States and the sunscreens are loved by makeup and skincare experts as they work well under makeup as well.
All three sunscreens have strong sun protecting ingredients, with SPF 50+ PA++++ ratings. The sun protection ratings were in-vivo tested by Korea Institute of Dermatological Sciences against UVA and UVB rays. The waterfull essence sunscreen even provides some protection from blue light. The waterfull mild sunscreen is especially great for sensitive skin and can be used by all family members. The waterfull tone-up sunscreen has a pinkish tint to give a natural glow to the skin. The waterfull tone-up sunscreen can be applied in small amounts to give sun protection and even out the skin for a no makeup day.
d'Alba is working harder to create more content to inform the consumers about their products. The new YouTube collaboration is with Tina Tanaka Harris, a skincare and beauty YouTuber that reviews mostly Japanese and Korean skincare products. In her video, all three sunscreens are featured, and Tina shows how the d'Alba vegan sunscreens apply and set after time for the viewers.
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SOURCE d'Alba | https://www.mysuncoast.com/prnewswire/2022/06/17/sold-over-2-million-bottles-globally-vegan-certified-sunscreen-line-became-another-steady-seller-dalba/ | 2022-06-17T14:41:26Z |
LOS ANGELES (AP) — Stephen Curry lets his play do the talking during the NBA season. Give him a mic as host of The ESPYS and some famous folks might finally be hearing trash talk from one of the league’s best-liked players.
Just how worried should the audience be Wednesday night for his opening monologue at the show honoring the past year’s top athletes and moments in sports?
“Maybe not as nervous as if Draymond was hosting, but still nervous,” Curry said, referring to his always chattering Golden State Warriors teammate Draymond Green. “Now I have the mic.”
Fresh off the Warriors’ victory over Boston in the NBA Finals, Curry is presiding over the show airing live on ABC from the Dolby Theatre in Hollywood.
The 30th annual ESPYS are back to full capacity for the first time in three years, moving from downtown Los Angeles to the home of the Academy Awards. The show went virtual in 2020 and held a scaled-down version last year in New York because of the COVID-19 pandemic.
In addition to hosting, Curry is nominated for three individual trophies: best men’s athlete, best record-breaking performance and best NBA player. The Warriors are competing for best team.
Curry is used to working in front of live audiences at games, but entertaining a well-dressed crowd of peers is daunting to the four-time NBA champion and recently crowned finals MVP.
“I’m more nervous already just thinking about that vibe,” he said by phone recently. “Basketball is reactionary and I spend every waking hour thinking about it, practicing and preparing. I’ll do that same preparation for this, but it’s going to be an emotional roller coaster.”
Curry describes his sense of humor as being “all over the place.” He mentions comedians Dave Chapelle and Kevin Hart, as well as the Emmy Award-winning series “Schitt’s Creek,” among his favorites.
“I’ll try to channel all of them,” he said.
Don’t be surprised if Curry’s kids, teammates or other athletes make cameos in the show’s comedy bits.
Outside of basketball, Curry said he’s “a golf junkie, nerd, fanatic.”
“I’ve talked to Tiger Woods on the phone four or five times but I’ve actually never met him in person. The dream would be to meet him at The ESPYS,” he said.
Taking it further, Curry imagines Woods “receives the best golfer (award) and the next morning we go play golf. That’s the dream scenario.”
When he’s not making a living playing basketball or relaxing by hitting the links, Curry is following other teams, especially the Boston Red Sox and Carolina Panthers.
“If you come to my house and my kids don’t have control of the remote, then usually sports of any kind is on,” he said. “I watched the Stanley Cup Finals and didn’t really know anything about it, but I still watched it. I don’t discriminate between any of it. If it’s sports, I’m watching.”
___
More AP sports: https://apnews.com/hub/apf-sports and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/steph-curry-steps-out-of-comfort-zone-as-host-of-the-espys/ | 2022-07-20T01:21:06Z |
ASHEVILLE, N.C., July 14, 2022 /PRNewswire/ -- Digital Health Software company, ilumivu, announces a new study on Postural Orthostatic Tachycardia Syndrome (POTS) using its heart health application Cardiogram at the Dysautonomia International Annual Conference July 14-17.
The Dysautonomia International Annual Conference is the world's largest conference on autonomic nervous system disorders where ilumivu is a participating sponsor. This year's event will stream live and feature expert presentations on autonomic nervous system disorders like Dysautonomia and POTS.
During the event, ilumivu will reveal the details of a new study into POTS — a disorder characterized by an increase in heart rate by 30 to 40 beats per minute within ten minutes of standing. POTS is a common condition that affects an estimated 1 to 3 million Americans, 80-85% of which are female. The disease has become more prevalent since the pandemic and has been linked to long-haul COVID. Some common symptoms of POTS include fainting, sweating, light-headedness, fatigue and headaches and can go undiagnosed for up to six years. Additionally, 59% of individuals are initially misdiagnosed with anxiety instead of POTS.
ilumivu will be collecting data using their Cardiogram heart health application to gain greater insight on how individuals with POTS can track and manage their symptoms. The data will be used exclusively for the company's research to help improve the quality of their recommendations and the health of their patients.
Cardiogram is a leading heart health mobile app providing continuous cardiovascular monitoring using off-the-shelf wearables such as Garmin, Apple Watch, and Fitbit. The app is a clinically validated heart health monitor that has become a reliable ally to help individuals monitor their heart health and pre-diagnose heart related conditions for hypertension, sleep apnea, diabetes and atrial fibrillation. Cardiogram is available for download on the Apple and Google store with over 3.7 million downloads to date.
President of ilumivu, T. David Smith, is excited about the new POTS study. He said: "We want to champion proactive intervention of POTS with this new study. We believe that if people living with POTS are empowered with reliable data, they can implement changes to improve their quality of life through ongoing monitoring of symptoms.
For further information or to participate in the POTS study, visit: https://ilumivu.com. To register for the Dysautonomia International Annual Conference, visit: https://web.cvent.com/event/843f4246-2147-4653-bfc4-caafce8a8192/summary Learn more about Cardiogram at: https://cardiogram.com.
Founded in 2009, ilumivu provides healthcare decision support applications using the psychology of behavior change, combined with real-time data from smartwatches and smartphones to reduce healthcare costs. With a pedigree in research in multiple disease areas at over 100 leading research universities and health systems, ilumivu delivers just-in-time interventions based on individualized baselines to improve measurable member care outcomes. https://ilumivu.com/
Media contact: Stacy Earl
Email: stacy.earl@ilumivu.com
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SOURCE ILUMIVU | https://www.kxii.com/prnewswire/2022/07/14/ilumivu-set-launch-new-study-into-pots-dysautonomia-international-annual-conference/ | 2022-07-14T14:55:26Z |
Woman faces homicide charge after deputies said she used meth during pregnancy
Published: Jun. 30, 2022 at 12:54 PM CDT|Updated: 40 minutes ago
MORGAN COUNTY, Ala. (WAFF/Gray News) – A woman in Alabama is accused of using methamphetamine during her pregnancy, according to the Morgan County Sheriff’s Office.
WSFA reports Faith Victoria Kemp was charged with child homicide after delivering a stillborn baby at Madison Hospital in May.
The stillborn delivery was reported to the sheriff’s office, which conducted an investigation that found Kemp was allegedly using drugs throughout her pregnancy.
Kemp was arrested May 16 on an outstanding controlled substance bond revocation and was already in jail when she was charged Wednesday with chemical endangerment of a child with homicide.
Copyright 2022 WAFF via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/30/woman-faces-homicide-charge-after-deputies-said-she-used-meth-during-pregnancy/ | 2022-06-30T18:35:16Z |
Strong earnings growth driven by higher revenues in key end markets and early benefits from the implementation of 80/20 actions
RACINE, Wis., May 25, 2022 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter and fiscal year ended March 31, 2022.
Fourth Quarter Highlights:
- Net sales of $574.4 million increased 12 percent from the prior year
- Operating income of $20.6 million increased $34.9 million from the prior year operating loss
- Adjusted EBITDA of $56.7 million increased $14.5 million, or 34 percent, from the prior year
- Earnings per share of $0.16 compared to a loss per share of $0.29 in the prior year
- Adjusted earnings per share of $0.57 compared to $0.51 in the prior year
- Investor and Analyst Day planned for June 22, 2022 at the NYSE
Full Year Highlights:
- Net sales of $2.1 billion increased 13 percent from the prior year
- Operating income of $119.2 million increased $216.9 million from the prior year, primarily due to impairment charges related to the Automotive segment recorded in the prior year and the reversal of a portion of those charges in the current year
- Adjusted EBITDA of $158.8 million decreased $6.0 million from the prior year
- Earnings per share of $1.62 compared to a loss per share of $4.11 in the prior year
- Adjusted earnings per share of $1.23 compared to $1.14 in the prior year
"We generated strong growth in our Building HVAC ("BHVAC") and Commercial and Industrial Solutions ("CIS") segments this quarter, and are starting to see the early benefits of the 80/20 actions taken in fiscal 2022 to simplify our business and improve profitability," said Modine President and Chief Executive Officer, Neil D. Brinker. "We continue to work diligently to offset inflationary pressures, particularly the impact of higher material costs. We have focused on improving our commercial processes, including instituting multiple pricing adjustments throughout the year. This was particulary evident in our CIS segment, which benefited from early execution of 80/20 actions by our leadership team. Finally, we continue to focus on taking actions to improve margins, including moving forward with the restructuring plans announced last quarter to reprioritize resources and capital. Overall, we are pleased with a strong finish to our fiscal year and the realization of early benefits from our deliberate, strategic actions."
Financial Results
Net sales increased 12 percent in the fourth quarter to $574.4 million, compared with $514.9 million in the prior year. The increase was driven by market-related volume improvements and favorable pricing adjustments in response to raw material price increases in the CIS, BHVAC and Heavy Duty Equipment ("HDE") segments, but was partially offset by a $23.1 million sales decrease in the Automotive segment, which was impacted by the sale of the air-cooled business in the first quarter of fiscal 2022 and the ongoing semiconductor shortages.
Gross profit increased 14 percent in the fourth quarter to $95.2 million and gross margin improved by 30 basis points to 16.6 percent. These increases were primarily driven by the higher sales volume, partially offset by the ongoing impact of higher material prices, including underlying metal prices and related premiums, fabrication, freight and packaging costs, compared to the prior year.
Selling, general and administrative ("SG&A") expenses were $53.5 million in the fourth quarter, which was 10 percent lower than the prior year. This decrease was primarily driven by lower incentive compensation expenses and lower automotive exit strategy costs, as compared to the prior year.
Operating income in the fourth quarter was $20.6 million, compared to an operating loss of $14.3 million in the prior year. This improvement was driven primarily by the absence of $32.4 million of impairment charges recorded in the prior year, higher gross profit, and lower SG&A expenses. These favorable drivers were partially offset by higher restructuring expenses compared to the prior year. During the fourth quarter of fiscal 2022, the Company recorded $21.1 million of restructuring charges, primarily related to targeted headcount reductions. Excluding restructuring charges and certain other charges totaling $0.6 million, as well as depreciation and amortization expense, adjusted EBITDA of $56.7 million increased $14.5 million, or 34 percent, compared with $42.2 million in the prior year.
Earnings per share was $0.16 in the fourth quarter, compared with a loss per share of $0.29 in the fourth quarter last year. This improvement was primarily due to higher operating earnings, including the absence of significant impairment charges recorded in the prior year. Adjusted earnings per share was $0.57 in the fourth quarter, compared with adjusted earnings per share of $0.51 in the fourth quarter last year.
Fourth Quarter Segment Review
- BHVAC segment sales were $101.9 million, compared with $66.9 million one year ago, an increase of 52 percent. This increase was driven by higher sales to data center and commercial HVAC customers. The higher commercial HVAC sales were driven by higher sales of heating and school ventilation products. The segment reported gross margin of 27.9 percent, which was 310 basis points lower than the prior year, primarily due to higher inflationary costs, including freight charges, and unfavorable sales mix. The segment reported operating income of $15.6 million, a 63 percent increase from the prior year. Adjusted EBITDA for the BHVAC segment was $17.4 million, an increase of $6.4 million, or 58 percent, from the prior year.
- CIS segment sales were $171.3 million, compared with $142.8 million one year ago, an increase of 20 percent. This increase was driven by higher sales to commercial HVAC and refrigeration customers and favorable pricing adjustments in response to raw material price increases. The segment reported gross margin of 18.5 percent, up 490 basis points compared with the prior year, primarily due to the positive impact of increased sales volume, favorable sales mix, pricing, and operational efficiencies. The segment reported operating income of $18.6 million, a $12.8 million improvement from the prior year, primarily due to higher gross profit on increased sales. Adjusted EBITDA for the CIS segment was $24.1 million, an increase of $11.9 million, or 98 percent, from the prior year.
- HDE segment sales were $226.1 million, compared with $207.4 million one year ago, an increase of 9 percent. This increase was driven by higher sales to off-highway, bus and specialty vehicle customers, and includes a significant impact from material pass through price increases. The segment reported gross margin of 10.7 percent, down 250 basis points from the prior year. This decrease was primarily driven by higher material prices in excess of contractual pricing adjustments along with higher freight, packaging and surcharges. The segment reported operating income of $9.6 million, a $3.6 million decrease compared to the prior year. This decrease was primarily due to lower gross profit. Adjusted EBITDA for the HDE segment was $15.6 million, a decrease of $5.2 million from the prior year.
- Automotive segment sales were $89.3 million, compared with $112.4 million one year ago, a decrease of 21 percent. This decrease was primarily driven by the sale of the air-cooled automotive business earlier this fiscal year and, to a lesser extent, the impact of the ongoing semiconductor shortage on automotive production volumes. The segment reported gross margin of 12.8 percent, down 160 basis points compared with the prior year, primarily due to lower sales volume. The segment reported an operating loss of $18.2 million, an improvement of $12.0 million from the prior year. The operating loss in the current year was negatively impacted by $20.1 million of restructuring expenses, primarily related to targeted headcount reductions in Europe. The operating loss in the prior year was negatively impacted by $32.4 million of impairment charges, which were primarily related to the air-cooled automotive business that was sold earlier in fiscal 2022. Adjusted EBITDA for the Automotive segment was $3.6 million, compared with adjusted EBITDA of $5.9 million in the prior year.
Full-Year Fiscal 2022 Overview
In fiscal 2022, net sales increased 13 percent to $2,050.1 million. The increase was primarily driven by higher sales in the HDE, CIS, and BHVAC segments, partially offset by lower sales in the Automotive segment, which decreased 21 percent from the prior year. Automotive sales were lower due to the sale of the air-cooled automotive business early in the fiscal year and the impact of the ongoing semiconductor shortage on automotive production volumes. Gross margin decreased 110 basis points to 15.1 percent, primarily due to the significant increase in material prices, including underlying metal prices and related premiums, fabrication, freight and packaging costs, compared to the prior year.
The Company reported operating income of $119.2 million compared to a $97.7 million operating loss in the prior year. This $216.9 million improvement was driven primarily by $166.8 million of impairment charges recorded in the prior year and the partial reversal of those charges in the current year. During fiscal 2022, the Company recorded net impairment reversals totaling $55.7 million and recorded restructuring expenses, a loss on sale of the air-cooled automotive business, and certain other charges totaling $40.5 million. During fiscal 2021, impairment charges, restructuring expenses, and certain other charges totaled $193.9 million. Excluding these items and depreciation and amortization expense, adjusted EBITDA was $158.8 million in fiscal 2022 and $164.8 million in fiscal 2021. Earnings per share in fiscal 2022 was $1.62 compared with a loss per share of $4.11 in fiscal 2021, and adjusted earnings per share in fiscal 2022 was $1.23, compared with $1.14 in fiscal 2021.
Balance Sheet & Liquidity
Net cash provided by operating activities for the year ended March 31, 2022 was $11.5 million, a decrease of $138.3 million compared to the prior year. Free cash flow for the year ended March 31, 2022 was a use of $28.8 million, down $145.9 million from the prior year, primarily resulting from unfavorable net changes in working capital and higher capital expenditures as compared to the prior year. Higher inventory balances resulted from increased raw material prices and strategic safety stock builds in connection with supply chain challenges. In addition, free cash flow was unusually strong in the prior year due to the deferral of certain cash payments in an effort to conserve cash in response to the COVID-19 pandemic, including the purchase of certain program-related equipment and tooling. Cash payments for restructuring activities, automotive exit strategy costs, strategic reorganization costs, environmental costs and certain other items during fiscal 2022 totaled $19.7 million.
Total debt was $377.8 million as of March 31, 2022. Cash and cash equivalents at March 31, 2022 were $45.2 million. Net debt was $332.6 million as of March 31, 2022, an increase of $35.9 million from the end of fiscal 2021.
Outlook
"Although we currently expect our key markets to remain strong, we continue to monitor and assess the uncertainty created by inflationary risks, the lockdowns in China and the war in the Ukraine," said Brinker. "We are aggressively addressing these risks along with the ongoing volatility created by the supply chain challenges around the globe, and are working to strengthen our customer and supplier relationships. Similarly, we remain diligent in addressing inflationary pressures with further commercial actions as well as executing on our previously announced cost reduction initiatives. Our key focus remains on growth in our target verticals, while simultaneously taking actions to reduce complexity and improve margins where we see opportunities for efficiencies. This is an inflection point for Modine as we anticipate that the actions taken this year will unlock the inherent value in the underlying business and provide benefits in fiscal 2023 and beyond. We look forward to providing an overview of our strategies and expectations during our Investor and Analyst Day next month."
Based on current exchange rates and market outlook, Modine provides its outlook for fiscal 2023:
- Full fiscal year-over-year sales up 6 to 12 percent;
- Adjusted EBITDA of $180 million to $195 million.
Conference Call and Webcast
Modine will conduct a conference call and live webcast, with a slide presentation, on Thursday, May 26, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time) to discuss its fourth quarter fiscal 2022 financial results. The webcast and accompanying slides will be available on the Investor Relations section of the Modine website at www.modine.com. Participants are encouraged to log on to the webcast and conference call about ten minutes prior to the start of the event. A replay of the audio and slides will be available on the Investor Relations section of the Modine website at www.modine.com on or after May 26, 2022. A call-in replay will be available through midnight on May 31, 2022 at 800-770-2030, (international replay 647-362-9199); Conference ID# 79220. The Company will post a transcript of the call on its website on or after May 31, 2022.
About Modine
Modine, with fiscal 2022 revenues of $2.1 billion, specializes in thermal management systems and components, bringing highly engineered heating and cooling components, original equipment products, and systems to diversified global markets. Modine is a global company headquartered in Racine, Wisconsin (USA), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.
Forward-Looking Statements
This press release contains statements, including information about future financial performance and market conditions, accompanied by phrases such as "believes," "estimates," "expects," "plans," "anticipates," "intends," and other similar "forward-looking" statements, as defined in the Private Securities Litigation Reform Act of 1995. Modine's actual results, performance or achievements may differ materially from those expressed or implied in these statements because of certain risks and uncertainties, including, but not limited to those described under "Risk Factors" in Item 1A of Part I of the Company's Annual Report on Form 10-K for the year ended March 31, 2021 and under Forward-Looking Statements in Item 7 of Part II of that same report and in the Company's Quarterly Report on Form 10-Q for the quarters ended June 30, 2021, September 30, 2021 and December 31, 2021. Other risks and uncertainties include, but are not limited to, the following: the impact of the COVID-19 pandemic on the national and global economy, our business, suppliers, customers, and employees; the overall health and pricing focus of Modine's customers; our ability to successfully execute our strategic and operational plans, including applying 80/20 principles to our business; our ability to effectively and efficiently modify our cost structure in response to sales volume increases or decreases and complete restructuring activities and realize benefits thereon; our ability to comply with the financial covenants in our credit agreements and to fund our global liquidity requirements efficiently; operational inefficiencies as a result of program launches, unexpected volume increases or decreases, and product transfers; economic, social and political conditions, changes and challenges in the markets where Modine operates and competes, including foreign currency exchange rate fluctuations, inflation, tariffs and sanctions (and potential trade war impacts resulting from tariffs, sanctions or retaliatory actions), supply chain disruptions and supplier constraints, including semiconductor shortages and logistic and transportation challenges, changes in interest rates or tightening of the credit markets, recession, restrictions associated with importing and exporting and foreign ownership, public health crises, and the general uncertainties about the impact of regulatory and/or policy changes, including those related to tax and trade, the COVID-19 pandemic, the military conflict in Ukraine and other matters, that have been or may be implemented in the U.S. or abroad; the impact on Modine of any significant increases in commodity prices, particularly aluminum, copper, steel and stainless steel (nickel) and other purchased components and related costs, and our ability to adjust product pricing in response to any such increases; the nature of and Modine's significant exposure to the vehicular industry and the dependence of this industry on the health of the economy; Modine's ability to recruit and maintain talent in managerial, leadership, operational and administrative functions; Modine's ability to protect its proprietary information and intellectual property from theft or attack; the impact of any substantial disruption or material breach of our information technology systems; costs and other effects of environmental investigation, remediation or litigation; and other risks and uncertainties identified by the Company in public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are as of the date of this release, and the Company does not assume any obligation to update any forward-looking statements.
Non-GAAP Financial Disclosures
Adjusted EBITDA, adjusted earnings per share, net debt, and free cash flow (which are defined below) as used in this press release are not measures that are defined in generally accepted accounting principles (GAAP). These non-GAAP measures are used by management as performance measures to evaluate the Company's overall financial performance and liquidity. The Company believes these measures provide a more consistent view of performance than the closest GAAP equivalent for management and investors. Management compensates for this by using these measures in combination with the GAAP measures. However, these measures are not, and should not be viewed, as substitutes for the applicable GAAP measures, and may be different from similarly-titled measures used by other companies.
Definition – Adjusted EBITDA
Net earnings excluding interest expense, the provision or benefit for income taxes, depreciation and amortization expenses, other income and expense, restructuring expenses, impairment charges, costs associated with the review of strategic alternatives for the Automotive segment's business operations, strategic reorganization costs, and certain other gains or charges. The Company believes that adjusted EBITDA provides a relevant measure of profitability and earnings power. The Company views this financial metric as being useful to assess operating performance from period to period by excluding certain items that it believes are not representative of its core business. Adjusted EBITDA, when calculated for the business segments, is defined as GAAP operating income excluding depreciation and amortization expenses, restructuring expenses, impairment charges or reversals, and certain other gains or charges.
Definition – Adjusted earnings per share
Diluted earnings per share plus restructuring expenses, impairment charges or reversals, costs associated with the review of strategic alternatives for the Automotive segment's business operations, strategic reorganization costs, and excluding changes in income tax valuation allowances and certain other gains or charges. Adjusted earnings per share is an overall performance measure, not including non-cash impairment charges, costs associated with restructuring activities and certain other gains or charges.
Definition – Net debt
The sum of debt due within one year and long-term debt, less cash and cash equivalents. This is an indicator of the Company's debt position after considering on-hand cash balances.
Definition – Free cash flow
Free cash flow represents net cash provided by operating activities less expenditures for property, plant and equipment. This measure presents cash generated from operations during the period that is available for strategic capital decisions.
Forward-looking non-GAAP financial measure
The Company's fiscal 2023 guidance includes adjusted EBITDA, as defined above, which is a non-GAAP financial measure. The full-year fiscal 2023 guidance for adjusted EBITDA is based upon the Company's estimates for interest expense of approximately $16 to $17 million, a provision for income taxes of approximately $24 to $28 million, and depreciation and amortization expense of approximately $58 to $62 million. Adjusted EBITDA also excludes certain cash and non-cash expenses or gains. These expenses and gains may be significant and include items such as restructuring expenses (including severance costs and plant consolidation and relocation expenses), impairment charges and certain other items. Estimates of these expenses and gains for fiscal 2023 are not available due to the low visibility and unpredictability of these items.
SOURCE: Modine Manufacturing Company
Kathleen Powers
(262) 636-1687
kathleen.t.powers@modine.com
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SOURCE Modine Manufacturing Company | https://www.wibw.com/prnewswire/2022/05/25/modine-reports-fourth-quarter-fiscal-2022-results/ | 2022-05-25T21:11:13Z |
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Global Blood Therapeutics, Inc. (NASDAQ: GBT)'s sale to Pfizer Inc. for $68.50 per share in cash. If you are a Global Blood shareholder, click here to learn more about your rights and options.
Avalara, Inc. (NYSE: AVLR)'s sale to Vista Equity Partners for $93.50 per share. If you are an Avalara shareholder, click here to learn more about your rights and options.
CyberOptics Corporation (NASDAQ: CYBE)'s sale to Nordson Corporation for $54.00 per share. If you are a CyberOptics shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.mysuncoast.com/prnewswire/2022/08/08/shareholder-investigation-notice-halper-sadeh-llp-investigates-gbt-avlr-cybe/ | 2022-08-08T17:52:25Z |
Judge overseeing Chauvin civil rights case accepts plea deal
Published: May. 4, 2022 at 11:59 AM CDT|Updated: 1 hour ago
ST. PAUL, Minn. (AP) — The judge overseeing the federal civil rights cases of four former Minneapolis police officers in the killing of George Floyd has accepted the terms of Derek Chauvin’s plea agreement and will sentence him to 20 to 25 years in prison.
Chauvin pleaded guilty Dec. 15 to violating Floyd’s civil rights.
The white former officer admitted he kept his knee on Floyd’s neck, resulting in the Black man’s death in May 2020.
Judge Paul Magnuson deferred accepting the agreement pending a presentence investigation.
He said in an order Wednesday that the report is complete, but did not set a sentencing date.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/04/judge-overseeing-chauvin-civil-rights-case-accepts-plea-deal/ | 2022-05-04T18:30:26Z |
A seasoned digital marketing and automotive executive, Clavadetscher will drive heightened value for Outsell as the Customer Data and Engagement Platform (CDEP) revolution reaches the automotive industry.
MINNEAPOLIS, June 16, 2022 /PRNewswire/ -- Outsell, the only A.I.-driven Customer Data and Engagement Platform (CDEP) for the automotive industry, today announced its latest strategic hire with the appointment of seasoned digital marketing and automotive leader John Clavadetscher to President and Chief Commercial Officer, effective immediately. The newly created role is a key part of the company's overarching growth strategy to help automotive companies unlock the full potential of their customer data, bringing sophisticated marketing capabilities to the industry. Clavadetscher will report to Outsell's CEO, Mike Wethington.
"It's with great excitement that I join Outsell as we continue to help the automotive industry evolve and best engage with consumers through our leading CDEP," Clavadetscher said. In an era when the franchise system is being challenged, Outsell has best-in-class software built by a veteran team of automotive experts who care passionately for local dealers, Tier 2 suppliers and OEMs. Marketing is evolving rapidly, and the companies that are leading their industries are making investments into understanding their customers. As the cookieless future accelerates, harnessing first-party data with A.I. from Outsell is a key competitive advantage that enables our automotive partners to reach the right consumers at the right times with the right messages in the right advertising medium."
Sitting on Outsell's executive team, Clavadetscher adds to the company's customer engagement expertise a depth of automotive experience and a track record of digital transformation accomplishments. A founding team member at Cars.com, he led the company's go-to-market and customer-first sales efforts for nearly two decades. Clavadetscher joins Outsell from Cooler Screens Inc., where he was also a founding team member. At Cooler Screens, Clavadetscher helped develop and execute the company's sales and retail go-to market strategies, helping Cooler Screens transform the retailer in-store consumer experience and its role as a leading digital media platform
"Outsell is a trusted partner of more than 1,500 dealerships nationwide, and we're proud to continue growing our value to our customers through John's breadth of industry experiences," Wethington said. "Other industries, especially retail and CPG, use Customer Data Platforms as the cornerstone of their marketing initiatives. Clavadetscher helped usher in this change in retail and recognized that Outsell has a strong competitive advantage in leveraging this technology in automotive. Outsell leads the industry with our A.I.-driven CDEP that automatically supports over 75 million U.S. consumers, helping foster relationships between dealers and their customers."
Outsell offers the only A.I.-driven Customer Data and Engagement Platform (CDEP) for the automotive industry, creating an individualized content experience that builds and strengthens consumer relationships, amplifying the impact of a brand by communicating its story and benefits ultimately driving increased profits across sales and service. Our proprietary technology harnesses massive amounts of data, creating accurate and powerful consumer profiles that engage your customers and prospects exactly where they are in their individual lifecycles. That's why Outsell is the trusted platform for more than 1,500 dealers representing all major automotive brands.
MEDIA CONTACT
Tyler Coleman
tyler@linnihanfoy.com
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SOURCE Outsell | https://www.wibw.com/prnewswire/2022/06/16/outsell-announces-john-clavadetscher-president-chief-commercial-officer/ | 2022-06-16T14:23:50Z |
Toyota wins the most awards of any brand.
WASHINGTON, April 22, 2022 /PRNewswire/ -- U.S. News & World Report, a nationally recognized publisher of consumer advice and information, today announced the 2022 Best Hybrid and Electric Cars. U.S. News evaluated 82 vehicles and named winners across eight categories.
Toyota had the most wins of any brand, winning the Best Hybrid Car award with the Toyota Prius and the Best Hybrid SUV award with the RAV4 Hybrid. The Kia EV6 won the Best Electric Vehicle award, and the Hyundai Tucson Hybrid won the Best Plug-In Hybrid award.
"There's been a significant increase in the demand for electric vehicles, and they have more appeal than ever as gas prices rise and consumers look for cars with a low carbon footprint," says Jim Sharifi, managing editor of U.S. News Best Cars. "The winners of the Best Hybrid and Electric Car awards deliver a rewarding ownership experience, as well as low emissions and fuel costs."
The 2022 Best Hybrid and Electric Car winners are based on a combination of the cars' overall score from the U.S. News Best Car Rankings, starting price, Level 2 charging rate, and fuel economy and range data from the EPA. U.S. News analyzed data for 82 luxury and mainstream hybrid, plug-in hybrid and electric cars. Within each of the eight categories, the vehicle with the highest composite score is named the winner in that category.
ABOUT U.S. NEWS BEST CARS
Since 2007, U.S. News Best Cars, the automotive channel of U.S. News & World Report, has published rankings of the majority of new vehicles sold in America. Each year, U.S. News also publishes the Best Cars awards, including Best Vehicle Brands, Best Cars for the Money and Best Cars for Families. U.S. News Best Cars supports car shoppers throughout the entire car buying journey, offering advice for researching cars and finding cars for sale near you. U.S. News Best Cars had more than 73 million visitors over the past year, with the majority actively shopping for a car. More than 70% of active shoppers reported that U.S. News influenced their car-purchasing decision, saying that they trust its advice to be unbiased and that they would recommend its site to others.
About U.S. News & World Report
U.S. News & World Report is the global leader in quality rankings that empower consumers, business leaders and policy officials to make better, more informed decisions about important issues affecting their lives. A multifaceted digital media company with Education, Health, Money, Travel, Cars, News and 360 Reviews platforms, U.S. News provides rankings, independent reporting, data journalism, consumer advice and U.S. News Live events. More than 40 million people visit USNews.com each month for research and guidance. Founded in 1933, U.S. News is headquartered in Washington, D.C.
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SOURCE U.S. News & World Report, L.P. | https://www.wibw.com/prnewswire/2022/04/22/us-news-announces-2022-best-hybrid-electric-cars/ | 2022-04-22T05:36:16Z |
WASHINGTON (AP) — Bryan Reynolds hit a career-high three homers and drove in six runs, leading the Pittsburgh Pirates over the Washington Nationals 8-7 on Wednesday.
The Pirates ended a five-game losing streak.
Reynolds had a two-run homer in the first inning off Paolo Espino and a solo drive in the sixth off Carl Edwards Jr. (2-2).
Edwards exited with two runners on base in the seventh, giving way to Kyle Finnegan.
After Ke’Bryan Hayes struck out, Reynolds launched Finnegan’s elevated sinker into the visitors’ bullpen in left-center for a three-run homer that put the Pirates up 8-6. Prior to that shot, Pittsburgh was 0 for 15 with runners in scoring position in the series.
Reynolds struck out swinging in the ninth when he came up with a chance to tie the major league record of four home runs in a game.
The six RBIs are a career high for Reynolds, who became the second Pirates player to homer three times in a game this season. Jack Suwinski did it June 19 against San Francisco.
Reynolds is hitting .337 (34 of 101) with 19 RBIs this month and has hit eight of his 15 home runs in June.
Daniel Vogelbach also homered for Pittsburgh.
The Pirates denied Washington its first three-game sweep since June 14-16 of last year at home against Pittsburgh. Yadiel Hernandez homered for the Nationals, who stranded 10 runners and had won three in a row and six of eight.
Chase De Jong (3-0) pitched 1 2/3 scoreless innings. Rookie Yerry De Los Santos worked the ninth for his first career save.
Pittsburgh starter Mitch Keller gave up five runs in four-plus innings, allowing nine hits and four walks while striking out four. Espino allowed four runs in 4 1/3 innings, including Vogelbach’s solo homer in the fourth.
RARE RULING
Pittsburgh scored its fourth run in unusual fashion. With one out in the fifth inning and the score tied at 3, Hoy Park was on second and Suwinski was on the third. ayes lined to Washington first baseman Josh Bell as both runners took off. Bell threw to third baseman Ehire Adrianza, who tagged Park and then stepped on the base. Umpires invoked the “fourth out” rule, since Washington did not ask for an appeal before leaving the field. Since Suwinski crossed the plate before Park was tagged, his run counted even though he hadn’t tagged up.
TRAINER’S ROOM
Pirates: OF Jake Marisnick was 1 for 4 for Triple-A Indianapolis on Tuesday in his first rehabilitation assignment game since undergoing left thumb surgery May 12. … OF Ben Gamel (left hamstring), INF Kevin Newman (left groin strain) and 1B/DH Yoshi Tsutsugo (lumbar muscle strain) all continued rehab assignments with Indianapolis on Tuesday. … INF/OF Tucupita Marcano (Covid-19), LHP Dillon Peters (back strain) and RHP Duane Underwood Jr. (Covid-19) began rehab assignments Tuesday at Double-A Altoona.
Nationals: RHP Aníbal Sanchez (cervical nerve impingement) allowed two runs in 2 2/3 innings Tuesday in a rehab start for Triple-A Rochester. … RHP Mason Thompson (biceps strain) threw two scoreless innings Tuesday for Rochester.
UP NEXT
Pirates: RHP JT Brubaker (1-7, 4.14 ERA) gets the ball as Pittsburgh returns home Thursday to begin a four-game series against Milwaukee.
Nationals: Washington has Thursday off. RHP Josiah Gray (6-4, 3.82) starts Friday in the opener of a four-game series against Miami as the Nationals’ homestand continues.
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More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/reynolds-3-hrs-6-rbis-as-pirates-snap-skid-beat-nationals/ | 2022-06-30T17:43:00Z |
The iconic Gymboree brand, built on a heritage of playful, colorful head-to-toe children's collections, significantly expands and deepens its connection with its digitally-savvy target customer
SECAUCUS, N.J., Aug. 4, 2022 /PRNewswire/ -- The Children's Place, Inc. (NASDAQ: PLCE), the largest pure-play children's specialty retailer in North America, today announced that their iconic Gymboree brand has launched on Amazon.com, providing an easy way for customers to shop their favorite Gymboree apparel. Visit amazon.com/gymboree to shop.
Jane Elfers, President and Chief Executive Officer said, "We are incredibly excited about our collaboration with Amazon and the significant growth potential ahead of us. We realized a key growth milestone today with our launch of our iconic Gymboree brand on Amazon.com. This strategic channel expansion gives us the opportunity to share the Gymboree brand with a larger audience of customers."
Gymboree's launch includes a dedicated brand store and seven ready-to-wear collections that perfectly represent the brand's heritage of playful, colorful bow-to-toe collections. The launch highlights the Gymboree brand story through consistent brand messaging showcased in the Gymboree storefront, advertising, and immersive product detail pages. Customers can easily discover and seamlessly navigate the Gymboree collections available on Amazon.com for fast, free delivery.
Gymboree creates colorful, playful, head-to-toe children's clothing collections that celebrate childhood and help families look their best for any occasion. A brand of The Children's Place, Gymboree collections incorporate themes that come to life through vibrant color palettes, prints, textures, graphics and high-quality, durable fabrics. The Gymboree brand is available online at www.Gymboree.com and at more than 100 Children's Place retail locations in the United States and Canada.
The Children's Place is the largest pure-play children's specialty apparel retailer in North America. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise predominantly at value prices, primarily under the proprietary "The Children's Place", "Place", "Baby Place", "Gymboree" and "Sugar & Jade" brand names. The Company has online stores at www.childrensplace.com, www.gymboree.com and www.sugarandjade.com and, as of April 30, 2022, the Company had 665 stores in the United States, Canada, and Puerto Rico and the Company's six international franchise partners had 212 international points of distribution in 16 countries.
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SOURCE The Children’s Place, Inc. | https://www.kxii.com/prnewswire/2022/08/04/iconic-gymboree-brand-launches-amazoncom/ | 2022-08-04T15:43:24Z |
Record-setting wildfire in New Mexico declared contained
ALBUQUERQUE, N.M. (AP) — More than four grueling months and $300 million later, the federal government has declared the largest wildfire in New Mexico’s recorded history 100% contained, a notable milestone but just another step in what local residents and officials say will be a long journey toward recovery.
The blaze was sparked in the spring by two errant prescribed fires conducted by the U.S. Forest Service. More than 530 square miles (1,373 square kilometers) of the Rocky Mountain foothills burned, hundreds of homes were destroyed, livelihoods were lost and drinking water supplies were contaminated.
Local officials say there are years of work ahead of them to restore the landscape and protect against post-fire flooding.
San Miguel County Manager Joy Ansley and her team have been working nonstop since the first plumes of smoke began rising from the Sangre de Cristo Mountains. They helped coordinate the evacuation of thousands of people from small mountain villages and worked with the state and the city of Las Vegas as flames approached.
With the summer rainy season in full swing, Ansley said parts of northern New Mexico are flooding on a weekly basis.
“It’s going to be a long process and just because the fire is contained, we’re certainly not out of the woods,” she said Tuesday.
In addition to costs related to fighting the fire, federal emergency managers have paid out more than $4.5 million in aid to affected individuals and households and $6.7 million in low-interest loans for smalls businesses.
While more than 1,200 applications for individual assistance have been vetted, the Federal Emergency Management Agency would not say how many total applications have been received or denied.
Some residents have voiced frustrations about denials over a lack of having a street address for their rural properties. Others have complained that federal officials don’t understand rural life in northern New Mexico and how fallout from the fire has affected them.
New Mexico’s major disaster declaration has been expanded to include flooding, mudflows and debris flows directly related to the wildfires. Dasha Castillo, a spokesperson for FEMA, said residents who already applied for wildfire disaster assistance just need to update their original application to include flooding or other damage.
Castillo encouraged people to contact FEMA if they applied and haven’t heard back.
Legislation is pending in Congress that would authorize full compensation for New Mexico residents and business owners for losses caused by the massive wildfire, but there’s uncertainty about the ultimate price tag.
The scar left behind by the wildfire includes some areas that were reduced to ash and others where the severity was less intense. More than 400 firefighters are still assigned to the blaze and have been busy repairing hundreds of miles of fire lines cut to corral the flames, digging trenches to control erosion and removing fallen trees and other debris.
The U.S. Forest Service said helicopters will distribute about 138 tons (125 metric tonnes) of seed and 5,440 tons (4,935 metric tonnes) of mulch. So far, about 4 square miles (10 square kilometers) have been seeded.
No hot spots have been reported for more than a month, but given the history of how the blaze started officials wanted to be confident when declaring containment, said Stefan La-Sky, a fire information officer with the U.S. Forest Service.
“We don’t take that number lightly,” he said of the designation.
New Mexico marked an early start to what has been a devastating wildfire season across the U.S. with a deadly fire in Ruidoso and then the blaze near Las Vegas.
In all, federal fire officials report more than 9,372 square miles (24,273 square kilometers) have burned since the start of the year to outpace the 10-year average, and predictions for more warm, dry weather mean some areas will see above-normal wildfire activity into the fall.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/23/record-setting-wildfire-new-mexico-declared-contained/ | 2022-08-23T23:41:39Z |
RICHMOND, Va., June 21, 2022 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of mixed-use multifamily communities, announced today that it has promoted Chris Hirth to senior vice president of asset management and Jerad Nielsen to vice president of asset management.
"Capital Square employs a team of asset managers who oversee the management of properties," said Louis Rogers, founder and chief executive officer of Capital Square. "Hirth and Nielsen have mastered the art of asset management. Under their watch, real estate assets have grown to over $4 billion from 128 individual properties. Their portfolios have performed well above projected pro forma in spite of a global pandemic that closed material portions of the economy. For example, multifamily rent collections have exceeded 99% for over two years."
Hirth joined Capital Square in 2016 as an asset manager. He is primarily responsible for the oversight of Capital Square's growing portfolio of multifamily properties throughout the southeastern United States. Prior to joining Capital Square, Hirth was a senior real estate manager at CBRE, a global leader in commercial real estate services and investment. With CBRE, he managed a one million-square-foot portfolio of office and flex properties. Previously, Hirth spent four years at PRG Real Estate, supervising multiple multifamily properties.
Nielsen began his Capital Square career in 2018 as an asset manager. His main responsibilities include the management of net-leased medical, office, industrial and retail properties across the nation. Prior to joining Capital Square, Nielsen worked as a senior portfolio manager with Cushman & Wakefield, where he managed a diverse five million-square-foot portfolio of commercial properties comprised of office, medical, education, retail, and industrial assets on behalf of federal and state agencies, as well as multiple Fortune 500 companies.
Hirth earned a bachelor's degree in business management from Virginia Tech. He is a Certified Commercial Investment Member and a Certified Property Manager.
Nielsen earned his bachelor's degree in business from Virginia Commonwealth University. He is a Certified Commercial Investment Member and a Certified Property Manager.
Capital Square is a national real estate firm specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges, qualified opportunity zone funds for tax deferral and exclusion and a real estate investment trust (REIT). In recent years the company has become an active developer of mixed-use multifamily properties in the southeastern US, with eight current projects totaling approximately 2,000 apartment units with a total development cost in excess of $600 million. Since 2012, Capital Square has completed more than $5.6 billion in transaction volume. Capital Square's related entities provide a range of services, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for a growing number of high-net-worth investors, private equity firms, family offices and institutional investors. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation for four consecutive years. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense's list of fastest growing companies. Additionally, Capital Square was listed by Virginia Business on their "Best Places to Work in Virginia" report in 2019 and their "Fantastic 50" reports in 2019 and 2020. To learn more, visit www.CapitalSq.com.
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SOURCE Capital Square | https://www.mysuncoast.com/prnewswire/2022/06/21/capital-square-promotes-chris-hirth-svp-asset-management-jerad-nielsen-vp-asset-management/ | 2022-06-21T19:21:45Z |
DOG DAYS DFW (KDAF) — Does your dog need to chill out? Pack walks can be a perfect way for your dog to get the exercise they need while learning social skills.
Pack walks are a great way to socialize dogs by learning to work as a pack to work and move in a singular direction.
Bevill Dog Behavior is a North Texas-based dog school and officials utilize this method and more to help people ‘chill out their dogs’.
For more information, visit bevilldogbehavior.com. | https://cw33.com/lifestyle/inside-dfw/want-to-teach-your-dog-to-chill-out-why-not-try-a-pack-walk-with-this-dallas-dog-school/ | 2022-05-17T15:55:08Z |
Site Currently Tracks Real-time Prices, Ranking and Metadata for over 21 Million NFT Assets
LAS VEGAS , Aug. 22, 2022 /PRNewswire/ -- Declaring it the "Google Moment of Web3," a new platform has launched, synthesizing Web3's tangled mass of data into a single, comprehensive, easy-to-navigate product. Currently operating in public beta, Mystic.com is a data aggregation and analytics tool for the Web3, NFT, and gaming ecosystems. By tracking real-time prices, rankings and metadata for over 21 million NFT virtual assets, Mystic is the new authoritative data source for the creator economy. Unlike other aggregators, Mystic is powered by proprietary indexing algorithms – enabling complete ownership of all its market data. Built from scratch in six months, the platform is currently web-based, with a mobile version for iOS and Android scheduled to launch later this year.
Mystic.com is backed by $4.5 million in seed funding. Its principal executives – with over $400 million in previous exits – include Mike Calfin, Infrastructure Engineering (CoinMarketCap, Binance, GSR) and Roger Clark, Product Engineering (Apple iCloud).
"Right now, Web3 virtual assets are fragmented, siloed, and technologically immature," said Mystic co-founder Roger Clark. "Discovery is difficult, metadata is broken and unreliable, and people need blockchain-specific tools to do the same basic things. Our customers need search, analytics and real-time market updates. Mystic will solve it all with a single cross-platform solution. We're here to help everyone cross over from this world to the next."
Seeking to be the #1 information resource for all things non-fungible, Mystic is building an ecosystem of creators, tastemakers, and curators to unearth and co-create the next cultural phenomenon – before it reaches the mainstream. "Mystic will co-author the digital renaissance using a serendipitous blend of user-generated content, competitive leaderboards, rarity rankings, APIs, investor tools, charts and more," said Mystic co-founder Mike Calfin. "All of this is powered by data from the most popular blockchains — directly extracted using proprietary technology."
For more information, visit https://mystic.com.
MYSTIC: See Beyond
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SOURCE Mystic Unlimited Inc. | https://www.kxii.com/prnewswire/2022/08/22/mysticcom-launches-become-google-web3/ | 2022-08-22T14:54:02Z |
- Investment reinforces Johnson Controls' commitment to best-of-breed cybersecurity for smart buildings, facilities automation and managed services
CORK, Ireland and SAN FRANCISCO, Aug. 25, 2022 /PRNewswire/ -- Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, and Nozomi Networks, a leader in operational technology (OT) and Internet of Things (IoT) security today announced that Johnson Controls signed a framework agreement with Nozomi Networks, allowing Johnson Controls to utilize the Nozomi Networks toolset for the benefit of its customers. Johnson Controls also participated in last year's $100 million funding round for Nozomi Networks – further signaling its commitment to deliver high quality, robust and specialized cybersecurity solutions for its OpenBlue secure communications stack.
"Johnson Controls is at the forefront of digitizing the built environment through our innovative OpenBlue platform, and we are continuously looking for opportunities to maximize safety, improve efficiency and ensure business continuity, said Vijay Sankaran, chief technology officer, Johnson Controls. "Our investment in Nozomi Networks' leading threat assessment toolset reflects the importance of cybersecurity in this digital transformation."
Johnson Controls recently announced its purchase of Tempered Networks, which will be embedded into the OpenBlue platform, a flexible computing approach for converging building technologies and making those technologies more insightful, powerful, and optimized. Tempered Networks protects secure buildings data from edge to cloud with zero trust based Airwall technology. Nozomi Networks' capabilities can further extend the capabilities of a customers' IoT infrastructure by providing additional cybersecurity threat monitoring and visibility features and functionality.
Recognized as a market leader in OT and IoT security, Nozomi Networks is valued for superior operational visibility, advanced OT and IoT threat detection and strength across deployments. Nozomi Networks solutions support more than 74 million devices in thousands of installations across energy, manufacturing, mining, transportation, utilities, building automation, smart cities and critical infrastructure. Nozomi Networks products are deployable onsite and in the cloud, and span IT, OT and IoT to automate the hard work of inventorying, visualizing and monitoring industrial control networks through the innovative use of artificial intelligence. Use cases stretch beyond cybersecurity, and include troubleshooting, asset management and predictive maintenance.
At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.
Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering.
Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry.
Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social platforms.
Nozomi Networks accelerates digital transformation by protecting the world's critical infrastructure, industrial and government organizations from cyber threats. Our solution delivers exceptional network and asset visibility, threat detection, and insights for OT and IoT environments. Customers rely on us to minimize risk and complexity while maximizing operational resilience. www.nozominetworks.com
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SOURCE Johnson Controls International plc | https://www.wibw.com/prnewswire/2022/08/25/johnson-controls-invests-nozomi-networks-signs-framework-agreement-providing-nozomi-networks-cybersecurity-services/ | 2022-08-25T13:19:26Z |
BERWYN, Pa. and FARNBOROUGH, England, July 18, 2022 /PRNewswire/ -- Triumph Group (TRIUMPH) [NYSE:TGI] announced today that its Geared Solutions business has signed a five-year licensing agreement extension with RUAG, a company that specializes in aerospace engineering and defense, for continued sustainment support on the F/A-18 A-D Aircraft Mounted Accessory Drive (AMAD). With this licensing agreement, TRIUMPH and RUAG will collaborate to provide testing, repair, and overhaul support for the F/A-18 AMAD military applications.
RUAG's facility in Interlaken/Wilderswil, Switzerland supports international military operators by utilizing TRIUMPH's repair procedures and spares pool to support the F/A-18 AMAD product line.
Through the license arrangement, TRIUMPH allows for the sustainment of all non-US military F/A-18 AMAD's to be maintained at RUAG, ensuring worldwide readiness of F/A-18 A-D variants for international operators.
"TRIUMPH and RUAG have maintained a long-standing relationship since 2001 on the F/A-18 AMAD product line and are continually exploring future partnership opportunities on next generation commercial and military applications. We are excited to have their continued support for our international customer base," said Pete Gibson, President of TRIUMPH Geared Solutions.
Christian Roduner, BU Head LCM Air confirms, "The close partnership we have maintained with TRIUMPH enables us to support our military customers with value added solutions, while supporting sustainment and readiness levels".
TRIUMPH Geared Solutions provides complex geared solutions including design, development, manufacture and support of complete transmission and gearbox assemblies as well as complex gears and housings.
TRIUMPH headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs, and overhauls a broad portfolio of aerospace and defense systems, and components. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators. More information about TRIUMPH can be found on the company's website at www.triumphgroup.com.
About RUAG
For sovereign security. RUAG is an innovative technology partner that focuses on the integration of new technologies into existing areas and systems, life-cycle management, and ensuring the availability of military and security systems. Their extensive product and service portfolio also includes ensuring the availability of fighter jets, helicopters, and anti-aircraft defense, as well as wheeled and tracked vehicles. RUAG is a private-law company under the ownership of the Swiss Confederation. In addition to their main contracting authority, the Swiss Armed Forces, their other customers are mainly national and international armed forces, government agencies and civil security authorities. For more information about RUAG please visit, www.ruag.ch.
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SOURCE Triumph Group | https://www.mysuncoast.com/prnewswire/2022/07/18/triumph-signs-five-year-license-agreement-with-ruag-support-international-fa-18-customers/ | 2022-07-18T06:59:43Z |
Led by 2022 PGA Professional Champion Jesse Mueller, 20 PGA Professionals will play against the world's greatest golfers at Southern Hills Country Club
Editors:
- For a photo of the Team of 20 with the PGA Championship's Wanamaker Trophy, click here.
- For a photo of the Team of 20 being honored on Nasdaq Headquarters, click here.
TULSA, Okla., May 18, 2022 /PRNewswire/ -- The PGA Team of 20 will tee off in the 2022 PGA Championship beginning Thursday at Southern Hills Country Club against what is traditionally the strongest field in golf.
Jesse Mueller, PGA of Phoenix, Arizona, the winner of the 2022 PGA Professional Championship at Omni Barton Creek in Austin, Texas last month, leads the contingent of 20 PGA Professionals, as they vie for Low Club Pro honors and to pursue golf history.
A 39-year-old General Manager at Grand Canyon University Golf Course in Phoenix, Mueller will be playing in the PGA Championship for the first time. He also secured a berth on the U.S. Team that will compete in the 30th PGA Cup, Sept 12-18, at Foxhills Club and Resort in Surrey, England.
Alex Beach, PGA of Stamford, Connecticut, and Ryan Vermeer, PGA of Omaha, Nebraska, will be the most experienced of the 20 PGA Professionals at Southern Hills. Both will be participating in their fifth career PGA Championship.
Beach and Tyler Collet, PGA, of Vero Beach, Florida, are the only two PGA Professionals returning to the PGA Championship for a second consecutive year. In fact, Beach will make a fourth straight appearance.
Wyatt Worthington II, PGA, of Gahanna, Ohio, will compete in his second PGA Championship appearance. In 2016, at Baltusrol Golf Club, he became the second African-American PGA Club Professional to earn a spot in the PGA Championship. Tom Woodard, PGA first accomplished that feat 25 years prior. Worthington was inspired by a golf clinic he attended growing up with Tiger Woods.
Twelve of the 20 PGA Club Professionals at Southern Hills Thursday-Sunday will be making their PGA Championship debuts. A total of 13 PGA Sections from across America are represented.
The team received support from legendary five-time PGA Champion Jack Nicklaus, as he recorded a promotion for ESPN's broadcast talking about his excitement for watching the Team of 20 compete in the 104th PGA Championship. Additional promos for the Team of 20 were recorded by 2023 Ryder Cup Captain Zach Johnson and ESPN Anchor Scott Van Pelt.The Team of 20 is also being honored on the Nasdaq MarketSite building in New York City's Times Square with a tribute image that will appear throughout the week.
The 2022 PGA Championship will feature wire-to-wire 72-hole coverage via CBS Sports, ESPN, ESPN+ and Paramount+. The PGAChampionship.com website, App and Social Media will provide comprehensive coverage. Included in the 156-player field coverage, fans will meet the #TeamOf20 and see stories of each player in their home setting, where they work and coach.
For information and bios on the PGA Team of 20, visit pga championship/team-of-20.com
PGA Team of 20
Alex Beach, PGA - Metropolitan PGA Section
Brandon Bingaman, PGA - Northern Texas PGA Section
Michael Block, PGA - Southern California PGA Section
Matt Borchert, PGA - North Florida PGA Section
Tyler Collet, PGA - South Florida PGA Section
Paul Dickinson, PGA - Metropolitan PGA Section
Tim Feenstra, PGA - Pacific Northwest PGA Section
Austin Hurt, PGA - Pacific Northwest PGA Section
Colin Inglis, PGA - Pacific Northwest PGA Section
Nic Ishee, PGA - Northern Texas PGA Section
Jared Jones, PGA - Southern Texas PGA Section
Sean McCarty, PGA - Iowa PGA Section
Kyle Mendoza, PGA - Southern California PGA Section
Jesse Mueller, PGA - Southwest PGA Section
Dylan Newman, PGA - Metropolitan PGA Section
Zac Oakley, PGA - Philadelphia PGA Section
Casey Pyne, PGA - Metropolitan PGA Section
Ryan Vermeer, PGA - Nebraska PGA Section
Shawn Warren, PGA - New England PGA Section
Wyatt Worthington II, PGA - Southern Ohio PGA Section
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SOURCE PGA of America | https://www.wibw.com/prnewswire/2022/05/18/pga-team-20-ready-compete-2022-pga-championship/ | 2022-05-18T21:50:00Z |
BOSTON (AP) — Federal authorities on Thursday arrested a woman accused of calling in a fake bomb threat at Boston Children’s Hospital amid a barrage of harassment and threats of violence over its surgical program for transgender youths.
Catherine Leavy, 37, was arrested at her home in Westfield, Massachusetts, and authorities recovered the phone they believe she used to make the bomb threat on Aug. 30, Massachusetts U.S. Attorney Rachael Rollins told reporters.
The caller said: “There is a bomb on the way to the hospital, you better evacuate everybody you sickos,” according to court documents. The threat resulted in a lockdown of the hospital, and no explosives were found.
Leavy initially denied making the threat during an interview on Thursday with FBI agents, according to court documents. After agents told her that phone records indicated her number made the threat, she admitted doing so, an agent wrote in court papers. She “expressed disapproval” of the hospital “on multiple occasions” during the interview, the agent said.
Leavy is being held pending a detention hearing scheduled for Friday in Boston federal court, Rollins said. She is charged with one count of making a false telephonic bomb threat. It was not immediately clear on Thursday if she has an attorney to comment on her behalf.
Rollins did not comment directly on the alleged motive in Leavy’s case. But she condemned the barrage of attacks against Boston Children’s Hospital, which is home to the first pediatric and adolescent transgender health program in the United States.
“This alleged conduct is disturbing to stay the least,” Rollins said. “The people that work at Children’s Hospital and the parents that bring their loved ones to Children’s Hospital are under enough stress,” she said.
Boston Children’s Hospital thanked law enforcement for their work on the case.
“We will continue to focus on providing the highest quality care and work with local, state and federal law enforcement agencies – and our security and emergency response teams – to ensure the safety of all across our hospital,” the hospital said in an emailed statement. “We stand firmly by our commitment to support transgender patients, their families and the LGBTQ+ community.”
The hospital became the focus of far-right social media accounts, news outlets and bloggers last month after they found informational YouTube videos published by the hospital about surgical offerings for transgender patients. The hospital swiftly removed the videos.
Transition treatment is under attack in many states, with some labeling it a form of child abuse or barring Medicaid coverage. Critics argue that safety should be well established before subjecting youths to potentially irreversible treatments.
But many medical groups support allowing varying types of medical treatment for transgender youths, citing evidence that it can improve their well-being, although rigorous long-term research on benefits and risks is lacking.
The critics cited the videos and snippets of previous language on the hospital’s website to claim that Boston Children’s Hospital was improperly performing gender-affirming surgeries, such as hysterectomies, on minors and young children.
The response was swift and relentless, with a barrage of users demanding the hospital be shut down and calling the surgeries mutilation, barbarism and child abuse, while accusing its doctors of engaging in malpractice or illegal activity.
The hospital has updated language across its websites to emphasize that to qualify for most gender-affirming surgical procedures, patients must be at least 18 and meet certain criteria, including undergoing intensive medical and mental health evaluations and submitting letters of support.
Far-right social media accounts and news outlets have also targeted hospitals in Pittsburgh, Phoenix and other major cities for their gender-care programs.
____
This story has been corrected to reflect that the Massachusetts U.S. Attorney’s name is Rachael Rollins, not Racheal Rollins. | https://cw33.com/health/ap-health/ap-woman-charged-with-bomb-threat-against-childrens-hospital/ | 2022-09-16T15:05:12Z |
(NewsNation) — Despite record-high inflation pushing up the price of airline tickets, most people are not letting that stop their vacation plans.
For most of the summer, the Transportation Security Administration has been reporting higher checkpoint travel numbers than this same time last year, with more than 2 million people going through almost every day.
Nina Ruggiero, digital editorial director of Travel + Leisure, shared on “Morning in America” what travel destinations readers chose for the “World’s Best” awards this year.
Best Domestic Airlines
- Hawaiian Airlines
- Breeze Airways
- JetBlue Airways
- Alaska Airlines
- Delta Airlines
According to Travel+ Leisure readers, Hawaiian Airlines was the top airline because it has great value for its customers while still offering Hawaiian hospitality and food, Ruggiero said.
“I don’t think it hurts that they end up in Hawaii,” she added.
Best U.S. Cities
- Charleston, South Carolina
- New Orleans, Louisiana
- Santa Fe, New Mexico
- Savannah, Georgia
- Honolulu, Hawaii
This category was one of Travel + Leisure’s most popular awards this year. Ruggiero said this is because Americans have realized that domestic travel is great, too.
“They really loved the warmer cities throughout the south and western United States,” she said.
Charleston, South Carolina, has won the number one spot for the past 10 years.
“It’s a really fun-loving city, lots of entertainment, history. It’s very walkable,” Ruggiero said. “People love taking strolls down its cobblestone streets, past its beautiful architecture, and it’s driving distance to three really amazing beaches.”
Best Island
- Mackinac Island, Michigan
- Kiawah Island, South Carolina
- Nantucket, Massachusetts
- San Juan Island, Washington
- Golden Isles, Georgia
Mackinac Island is actually a newcomer to the Travel + Leisure World’s Best awards this year.
“This is an amazing one because it’s affordable and it’s low-key,” Ruggiero said. “It’s really like taking a step back in time.”
There are no cars on the island — people have to get around by foot, bicycle or even horse-drawn carriage. “We all know gas prices right now, so that’s a plus,” Ruggiero said.
She added that there are plenty of family-friendly places to explore, such as fudge shops, ice cream shops, nature trails and water activities.
“There are plenty of places to stay and things to do,” Ruggiero said.
Best National Parks
- Yellowstone
- Grand Teton
- Yosemite
- Rocky Mountain
- Glacier
“National Parks are a great way to travel. On a budget at Yellowstone, which is number one, you can go camping for $20 a night if you bring your own tent and just utilize the beautiful campsite there,” Ruggiero said.
Sights to see include over 500 geysers and endangered wildlife. People can go fly-fishing, hiking and more.
“The activities are truly endless,” Ruggiero said. “It’s great for families who are looking to just have everyone come and travel without spending a ton.” | https://cw33.com/news/nexstar-media-wire/these-are-the-worlds-best-travel-spots-per-travel-leisure/ | 2022-07-16T16:44:30Z |
ERIE, Pa. (AP) — Pennsylvania Senate candidate John Fetterman acknowledged he was lucky to be alive as he officially returned to the campaign trail Friday, more than 90 days after the Democrat suffered a stroke that threatened his life and political prospects in one of the nation’s premier Senate contests.
Fetterman spoke for nearly 11 minutes, haltingly at times, as he addressed several hundred voters packed inside a convention center on the shores of Lake Erie. It was the 52-year-old lieutenant governor’s only scheduled public rally this month as he gradually ramps up his public schedule.
“Tonight for me, it’s about being grateful — just grateful,” said Fetterman, who stood for the duration of his remarks. “Three months ago my life could have ended. It’s the truth.”
He said he may not have survived his stroke if he was in rural Elk County instead of being just 20 minutes away from a major stroke facility.
“Gisele saved my life,” he said, wearing his usual hooded sweatshirt and jeans.
Fetterman’s return marks a significant development in the race to fill retiring Republican Sen. Pat Toomey’s seat. The Pennsylvania contest offers Democrats perhaps their best pickup opportunity nationally as the two parties battle for Senate control in the November midterm elections. The chamber is now split 50-50, with Vice President Kamala Harris giving Democrats the narrowest of majorities with her tie-breaking vote.
Republican nominee Dr. Mehmet Oz, a celebrity heart surgeon endorsed by former President Donald Trump, has railed against Fetterman’s prolonged public absence throughout the summer.
Oz posted a fake “Have You Seen This Person?” poster online last month. He needled Fetterman again Friday in an interview with Newsmax.
“We’re doing very well, campaigning all over the Commonwealth, which is a far cry from my opponent, who refuses to leave his home,” Oz charged.
Fetterman’s physical appearance is a central element of his nontraditional political brand.
At 6 feet, 9 inches, he sports a shaved head and tattooed arms. He’s also an unapologetic progressive with a working-class background who supports legalizing marijuana, abolishing the Senate filibuster and establishing a national government health insurance program for everyone — “Medicare for all” in progressives’ campaign jargon.
Fetterman’s health has been a dominant issue in the Senate contest since the days before the May 17 primary, when his campaign revealed he had a stroke. He required surgery to implant a pacemaker with a defibrillator, and later disclosed that he also had a serious heart condition.
His doctor offered a blunt letter in early June detailing Fetterman’s decision not to take prescribed medication or see a doctor for several years after a 2017 health scare.
“If he does what I’ve told him, and I do believe that he is taking his recovery and his health very seriously this time, he should be able to campaign and serve in the U.S. Senate without a problem,” Dr. Ramesh Chandra wrote.
Fetterman is now taking his medication as prescribed, eating a low-sodium diet and walking 3 to 5 miles most days, campaign spokesman Joe Calvello said: “He’s following the doctor’s orders.”
On Friday night, Fetterman spoke haltingly throughout his remarks and sometimes fumbled his words. The crowd, which exceeded 1,300, according to the convention center staff, was energized throughout.
Calvello noted that Fetterman still has mild speech and hearing issues as he works his way back to full health.
“He’ll miss a word here or there when he’s speaking sometimes, or maybe in a crowded room he’ll miss hearing a word,” he said. “Besides that, he’s rock solid.”
The high-profile Senate contest has been playing out on television and social media despite Fetterman’s extended absence.
Fetterman, who has dominated Oz in fundraising, has been running television ads promoting his candidacy for months. The Democrat has also drawn millions of views from creative social media posts, including one featuring a character from the infamous MTV show “Jersey Shore” telling Oz to come home. Oz is a former New Jersey resident, and it has been a major issue throughout the campaign.
“He’s a New Jersey resident. He doesn’t live here. He’s not about us. He doesn’t care about us,” Fetterman said.
He concluded his remarks the way he opened them — with gratitude.
“Three months ago, I may not have made it. But now, I’m standing right here in Erie,” he said as the crowd erupted.
___
Peoples reported from New York. | https://cw33.com/news/politics/ap-politics/fetterman-plans-raw-remarks-in-return-to-pa-senate-race/ | 2022-08-13T03:14:35Z |
Football heaven's gate finally open for LeRoy Butler during Hall of Fame enshrinement
CANTON - Green Bay Packers safety LeRoy Butler wasn't an instant pick. Years passed. Time moved on. The glories of the past faded further into memory with each passing moment. Until Saturday. The well-earned moment finally arrived for Butler on Saturday when he was enshrined into the Pro Football Hall of Fame.
It was a long journey that Butler reflected on early in his speech at Tom Benson Hall of Fame Stadium.
"When you make to the Green Bay Packers, some doors open up," Butler said. "When you win a Super Bowl, all doors open up. When you make it to the Pro Football Hall of Fame, the heavens open up. I'm in rare company. Only 362 players have made it to this point and I'm No. 357."
You could forgive a player like Butler for being bitter at the circumstances. He had to wait more than a decade to be enshrined despite winning a Super Bowl in Green Bay and being named to the NFL All-Decade Team of the 1990s. There was no hint of that in Butler's speech.
"Sixteen years is a long time," Butler said. "I can tell you it was worth the wait. Thank you very much to all who helped me get here."
Butler's speech lasted just over five minutes and he kept the focus mostly on his family and coaches that made an impact in his life. One of those stories was about former Florida State head coach Bobby Bowden.
"I was a Prop 48," Butler said. "Coach Bowden drove right down into the inner city projects in Florida. We saw that and told him that you can't just drive in here. You need to ease your way in here. He told my mother that he was there to give her baby a scholarship."
Butler made the most of that scholarship and was ultimately selected in the second round of the NFL draft by Green Bay. The fit was perfect. The rest is history.
"I want to thank fans in Green Bay," Butler said. "Without you, there is no LeRoy Butler. I'd like to thank all of my teammates. You saw (former Packer) Gilbert Brown in my introduction. I love all of you. It didn't happen often, but I felt like if I had a bad game I could always rely on my teammates to carry me."
Reach Cliff at cliff.hickman@cantonrep.com
On Twitter: @chickmanREP | https://www.cantonrep.com/story/sports/pro/pro-football-hof/2022/08/06/pro-football-hall-fame-enshrinement-leroy-butler-speech-green-bay-packers/65393586007/ | 2022-08-06T20:51:57Z |
WASHINGTON (AP) — The United States has taken control of Afghanistan’s embassy in Washington and the country’s consulates in New York and Beverly Hills, California, the State Department said Tuesday.
The State Department said that it had assumed “sole responsibility” for the security and maintenance of the diplomatic missions effective on Monday and would bar anyone from entering them without its permission until further notice.
The move came after the department determined that the embassy and consulates had “formally ceased conducting diplomatic and consular activities in the United States” at noon on May 16.
The U.S. does not recognize the new Taliban government in Afghanistan, which took power last year after the withdrawal of American and allied troops, and does not have formal diplomatic relations with the country.
“Until further notice, the Department of State’s Office of Foreign Missions has assumed sole responsibility for ensuring the protection and preservation of the property of the referenced missions, including but not limited to all real and tangible property, furnishings, archives, and financial assets of the Afghan Embassy or its consular posts in the United States,” the department said in a notice to be published Wednesday in the Federal Register.
The missions were identified as the Afghan embassy in Washington, and consular posts in Little Neck, New York, and Beverly Hills, California.
The department noted Afghanistan had not requested a third country to serve as a “protecting power” for its facilities or interests in the U.S. Since Washington closed its embassy in Kabul, Qatar has served as the U.S. protecting power in Afghanistan. | https://cw33.com/news/politics/ap-politics/us-takes-control-of-afghan-embassy-consulates-in-ny-ca/ | 2022-05-17T20:19:26Z |
Kids that get at least 10 hours of sleep do better in kindergarten, study says
(CNN) - If you have a little one who is getting ready to start kindergarten, listen up.
A new study published this week in the journal “Pediatrics” found kids who consistently got at least 10 hours of sleep did better interacting with their teachers and other children in their class.
Their academic performance was also better and they had an easier time recognizing words and letters.
To make sure your kids are getting enough sleep, here are a few things to keep in mind.
Cut down on daytime naps. Researchers say the 10 hours of sleep kindergartners need is in one long stretch, plus naps. Fewer naps will make it easier to get 10 hours of sleep at night.
Cutting back on screen time before bed also helps, as well as creating a routine like bathtime or storytime.
Pick a specific bedtime, researchers suggest no later than 9 p.m. You can go ahead and start pushing back bedtime so they are in bed at a regular time when school starts.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/13/kids-that-get-least-10-hours-sleep-do-better-kindergarten-study-says/ | 2022-07-13T14:01:03Z |
Houston ends 3-game skid with 2-0 victory over Nashville
HOUSTON (AP) — Adalberto Carrasquilla and Darwin Quintero scored goals and the Houston Dynamo beat Nashville FC 2-0. Steve Clark stopped all four shots he faced for the Dynamo (4-4-3), who finished the match a man down after Adam Lundqvist drew a red card in the 52nd minute. The win snaps a three-game losing streak for Houston. Carrasquilla’s goal staked Houston to a 1-0 lead in the 16th minute. Quintero’s tally came one minute after Lundqvist’s exit. | https://localnews8.com/sports/ap-national-sports/2022/05/14/houston-ends-3-game-skid-with-2-0-victory-over-nashville/ | 2022-05-15T06:33:48Z |
Agreement to Provide AI-powered Solutions, Saving Businesses Up To 40%
CEDAR RAPIDS, Iowa, Aug. 4, 2022 /PRNewswire/ -- Involta, an award-winning data center, hybrid IT, and cloud-forward consulting firm, announces today a partnership with HacWare, an AI-driven cybersecurity awareness and training SaaS (Software-as-a-Service) product that combines threat intelligence with user behavior to help lean IT teams combat today's most advanced phishing attacks.
"Today, email phishing attacks remain the number one source of security breaches, causing over 90% of data breaches," states Tiffany Ricks, Founder and CEO of HacWare, Inc. "The average employee is vulnerable because they spend 1,500 hours a year using email, and many are unaware of email security best practices. Partnering with Involta gives us the opportunity to help businesses improve their email security awareness and build up their first line of defense against cyberattacks."
HacWare's internal risk assessment provides real-time threat intelligence to show internal vulnerabilities. HacWare learns from the intelligence to provide personalized phishing simulations and training. The phishing technology leverages behavioral psychology best practices to improve cyber posture, saving businesses up to 40% in labor costs.
"At Involta, we know the two most important things our customers can do to protect themselves from a phishing attack is awareness and education," comments Mark Cooley, Involta VP of Security and Compliance. "Making sure that your company's employees understand the prevalence and sophistication of these attacks is crucial. HacWare's security awareness technology combines open-source data and data science to show employees how to avoid scams while significantly saving on traditional security training and awareness labor costs. The automated, easy-to-use platform is the perfect addition to our robust security solution suite."
Ricks' motivation comes from an entrepreneurial spirit and the desire to help people. She has led HacWare, Inc. to be widely recognized by leading publications such as The Wall Street Journal, Dark Reading, TechCrunch, Forbes and Women's Business Council.
"We are thrilled to partner with Tiffany and her team at HacWare to bring her expertise and innovative solutions to our customers and prospects," adds Jim Buie, Involta President and CEO. "Not only is her product both superior and necessary in today's security landscape, but she is also a true role model for our industry's next generation of female leaders. As more women continue to enter into the world of security and digital infrastructure, it's critical to align with them and help bolster their positions while working alongside them to close the gender gap."
Involta's commitment to supporting women in tech and empowering girls to explore STEM fields includes a partnership with Girls, Inc. of Pinellas County, Florida, where they recently introduced digital infrastructure as a potential career path.
To learn more about how Involta can improve a company's security posture with strategic consulting, exceptional products and best-in-class managed services, visit www. involta.com.
Involta is an award-winning hybrid IT and cloud-forward consulting firm orchestrating digital transformation for the nation's leading enterprises. Involta's ongoing mission is rooted in partnership. Its personalized approach identifies customers' requirements while earning their trust to ultimately deliver Superior Infrastructure and Services, Operational Excellence and People Who Deliver, keeping with the Involta brand promise.
Involta pairs strategic consulting with the unique ability to leverage owned data centers and infrastructure assets, empowering businesses with necessary security and reliability requirements. Its well-defined, rigorous process to deliver hybrid cloud, edge, consulting, and data center services have earned the company several designations, including a KLAS rating and review for partial healthcare IT outsourcing excellence. The company has also been recognized on several CRN lists and has been named one of the fastest-growing companies in America by Inc.5000 for nine consecutive years.
Involta enables customers with the power to transform their technology and the freedom to focus on their core business. To learn more about Involta, visit involta.com or follow them on LinkedIn, Twitter or Facebook.
Media Contact:
JSA for Involta
1.866.695.3629
jsa_involta@jsa.net
HacWare is the future of cybersecurity training because we are solving the root cause of data breaches ... Human error! HacWare makes it easy for lean security teams and security developers to provide AI-powered cybersecurity user training solutions. This automated technology helps busy workforces learn about cyber threats and how to protect themselves from spear-phishing attacks and Business Email Compromised (BEC) scams. HacWare uses cloud technology, A.I. supervised learning, Natural Language Processing (NLP), and Optical Character Recognition (OCR) to identify internal risks to email hacks. Then auto-generates personalized phishing campaigns to keep employees alert and educated. HacWare's products have helped companies around the world combat advanced phishing attacks to reduce malware outbreaks by 60%. For more information about HacWare, visit www.hacware.com.
Media Contact:
Brita Nelson for HacWare
media@hacware.com
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SOURCE INVOLTA, LLC | https://www.kxii.com/prnewswire/2022/08/04/involta-partners-with-tech-startup-hacware-expand-enterprise-cybersecurity-awareness-services/ | 2022-08-04T11:06:48Z |
Lawmaker, Florida school at odds on alleged bathroom attack
FORT LAUDERDALE, Fla. (AP) — Police in Florida say they will investigate a lawmaker’s allegation that a transgender student may have sexually assaulted a female student in a middle school bathroom over the summer — a rumored attack that school district officials say never occurred and that investigators say they received no reports about.
After reading Republican State Rep. Randy Fine’s social media posts about the alleged assault on Thursday, police in the eastern coast city of Melbourne, just south of Cape Canaveral, assigned two detectives to investigate the allegations, though they said they had received no previous word of an attack.
Fine told The Associated Press on Friday that some parents approached him, saying a teacher at the school told them about the incident but that the teacher was “afraid to go public because of fear of retaliation by the school district.”
Brevard Public Schools spokesperson Russell Bruhn disputed Fine’s allegations. “There was no attack. No victim, no witness, no parents coming forward, nothing,” he told the AP. “Rep. Fine owes our staff at Johnson Middle School an apology for making this baseless allegation.”
Fine, a Republican lawmaker known for fiery floor speeches marked by indignation, drew a national spotlight earlier this year when he sponsored a bill to dissolve the private government Walt Disney World controls on its property in Florida as punishment for the company’s opposition to a new law barring gender identity instruction in early grades that critics called “Don’t Say Gay.”
The reports began circulating on Wednesday, and Florida Today reported Thursday that Fine had sent a letter to Florida Education Commissioner Manny Diaz seeking an investigation into reports that a transgender student — granted access to the girl’s bathroom through the district’s open bathrooms policy — had assaulted a female student over the summer.
Melbourne police spokesperson Shaun Hill said the department received no reports of a sexual assault at the school over the summer. But he said Friday that the department, after seeing Fine’s social media posts, contacted him to ask for more information about the alleged incident, and assigned two detectives to the case. Hill said the investigation has just started and there is no further information available.
“I would assume that Rep. Fine would be eager to talk to the police himself and will also be eager to provide police with access to the concerned parents who have gone to him with this false information,” said Bruhn, the school district spokesperson.
In the letter to the education commissioner, Fine said parents have been “stonewalled” in their inquiries to the school district, including requests for public records.
Students attending summer school at Johnson were escorted to restrooms by adults during summer school because of ongoing construction, Bruhn told Florida Today, which first reported the story. He said students from other district schools were also attending classes there and were unfamiliar with the campus layout.
___
Associated Press reporter Anthony Izaguirre contributed to this report from Tallahassee.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/12/lawmaker-florida-school-odds-alleged-bathroom-attack/ | 2022-08-12T19:14:25Z |
Which mochi squishy toy is best?
A mochi is a small Japanese dumpling, and squishy toys, usually abbreviated to “squishies,” are brightly colored toys that are comforting to the touch and shaped like animals, clouds, soda cans, fish or just about anything you can think of.
The materials used in mochi squishies are rubberized plastics that allow them to be cast in more detail than regular foam squishies. If you are looking for a bucket of party favors, take a look at the Kingyao 24 Squishy Toy Party Favor Bucket.
What to know before you buy a mochi squishy toy
Squishy toys are the latest version of the sensory toy category that includes fidget toys and stress relief balls.
Materials
Mochi squishies aren’t made of cheap foam like most mass market squishies; rather, they are made of very soft materials like elastic polyurethane and thermoplastic rubbers. These materials have the characteristics of both rubber and plastic. Rubber gives them squishability and the ability to bounce back into shape, and plastic makes them more durable and longer lasting than foam.
Multipacks
Most mochi squishy toys are so small that buying them individually is impractical because the packaging would cost more than the toy. Most multipack sets do not arrive looking exactly like the ones in the advertisements or the pictures on the box. Most sets are made up of random assortments. If you are interested in mochi squishy toys with a specific theme, check the product descriptions carefully beforehand.
Themes
Most mochi squishy toy sets are centered around a theme, and there seems to be no end to their variety. Because most are cartoonish, you can find mochi squishy toys shaped in any number of ways, like animals, foods and movie characters.
Size
You can find mochi squishy toys that are less than a half inch long and a few that are as large as 12 inches tall. Giant mochi squishy toys are like rubber versions of plush toys, and they are made to be hugged and cuddled by kids.
What to look for in a quality mochi squishy toy
Rebound
After you give these toys a squeeze, you want them to spring back into their original shape. Some mochi squishy toys are made to spring back quickly while others are made to slowly ooze their way back into shape.
Stretching
The best mochi squishy toys don’t just squeeze, they can stretch, too. Look for squishies that snap back into shape when pulled apart without breaking or overstretching.
Kawaii
You will see many squishy toy sets labeled with the word kawaii. This is the Japanese word for cute, and it describes nearly every mochi squishy toy.
Detail
Squishies made of thermoplastic rubber or elastic polyurethane can be painted. This allows for interesting details and facial expressions that make your squishies even cuter
How much you can expect to spend on a mochi squishy toy
When bought in multipacks, small mochi squishy toys cost less than $1 each. Medium mochi squishy toys cost anywhere from $2-$5 each, and large ones cost as much $15 each.
Mochi squishy toy FAQ
Are all mochi squishy toys really small?
With only a few exceptions, mochi squishy toys are designed for kids, so they are made to be easily handled by small hands.
What is the best way to clean mochi squishy toys?
The easiest way to clean squishies is to wipe them down with a damp cloth. If the stains are stubborn, use a mild dish soap, rinse and then let them air dry.
What’s the best mochi squishy toy to buy?
Top mochi squishy toy
Kingyao 24 Squishy Toy Party Favor Bucket
What you need to know: Two dozen mochi squishy toys come in a see-through plastic bucket with a lid.
What you’ll love: These 2-inch mochi squishies are made of thermoplastic rubber. They make great stocking stuffers and party favors. This bucket holds 24 mochi squishy toys made to look like cartoon versions of bunnies, pigs, elephants, hedgehogs and seal pups. The soft pastel easter egg colors are sure to delight.
What you should consider: It is best to keep young children away from tiny things they want to put in their mouths.
Where to buy: Sold by Amazon
Top mochi squishy toy for the money
Civaner 60 Piece Christmas Squishies
What you need to know: Deck the halls and trim the tree with all of these cute Christmas themed mochi squishy toys.
What you’ll love: These mochi squishy toys make great stocking stuffers, too. This set includes shapes like Santas, mittens, boots, Christmas trees, snowflakes, snowmen, candy canes and reindeer.
What you should consider: If you use these as Christmas tree ornaments, you will have to supply the hooks or loops.
Where to buy: Sold by Amazon
Worth checking out
Slow Rising Jumbo Squishies 7 Piece Set
What you need to know: These squishies are from 4 inches to 7 inches long and are the slowest rising ones you will find.
What you’ll love: These squishies take 10 to 15 seconds to regain their shape. These toys come as delightful snack items, like glazed donuts, a tub of theater popcorn, a slice of cake, ice cream cones and more. The velvety soft polyurethane is sturdy and non-toxic. This set comes with a scented sticker bonus pack.
What you should consider: Little kids might chew on them, but these squishies should be too big for them to eat.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/theme-toys-br/best-mochi-squishy-toy/ | 2022-06-10T20:49:40Z |
SARASOTA, Fla., June 22, 2022 /PRNewswire/ -- Convivial Life, Inc., a not-for-profit organization based in Sarasota, FL, is pleased to announce it has acquired the assets held by Venice Florida Senior Holdings, LLC and subsidiaries, commonly known as Jacaranda Trace, Venice, FL, consisting of 240 condominium apartment homes and villas, and 55 healthcare units, offering assisted living and memory care support and licensed home health care. As part of the acquisition, Convivial also purchased an 85,000+ SF clubhouse featuring a fitness center, heated outdoor pool and jacuzzi, an on-site doctor's clinic, multiple dining venues, billiards and activity rooms, woodworking shop, and a library. Additional acreage and undeveloped villa lots allow Convivial to begin working on future expansion plans at the 33-acre community.
LifeStar Living, also a Sarasota-based company, directed the acquisition of Jacaranda Trace for Convivial. LifeStar specializes in providing management, marketing, and development services for quality senior living communities. LifeStar also helped Convivial acquire another senior living property earlier this year, The Cabana at Jensen Dunes, along the Treasure Coast in Jensen Beach, FL. Since inception in July 2020, LifeStar has launched a private brand of new active adult membership communities, known as The Manhattan, with a $138 million flagship project currently underway in St. Petersburg. In addition, they have extended professional services to other faith-based, not-for-profits, including Volunteers of America and Lutheran Life Communities, for new campus developments and strategic repositionings, full-service marketing agency services, and other consulting. Nationwide, and predominantly in Florida, LifeStar services 2,800+ senior living units and was heralded earlier this year as one of the top 5 senior living providers to watch in 2022 by Senior Housing News.
Convivial Life is governed by a volunteer board of trustees. The current board chair is Rick Grindrod, a CEO of a multi-state Medicare-based insurance company. He is joined by Dr. Judah Ronch, a nationally-recognized dementia expert and former dean of the Erickson School of Aging at The University of Maryland Baltimore County, Jeff Metzger, lead pastor of River Hills Christian Church in Loveland, OH and CEO of New International Ministries in Fort Myers, FL, Cedric Richner, senior consultant with Marts & Lundy and co-founder of Richner+Richner, a philanthropic consulting company supporting not-for-profit organizations, and local attorney, Greg Roberts, who cofounded a multi-decade law practice, Klingbeil-Roberts, P.A, in Venice, FL.
"We are excited about this opportunity and appreciate everyone's support," says Grindrod. "Our Board members, LifeStar, and others involved with the acquisition have taken extra measures to ensure we achieve a successful ownership transition and continue to focus on enhancing Jacaranda Trace's rich tradition in serving the residents and associates and being a vital community partner in the local area."
To learn more about Convivial Life, visit our website at www.ConvivialLife.org
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SOURCE Convivial Life, Inc. | https://www.wibw.com/prnewswire/2022/06/22/convivial-life-acquires-jacaranda-trace-venice-fl/ | 2022-06-23T01:00:11Z |
Police: 2 dead, 5 injured in Norfolk, Virginia, shooting
Published: Sep. 4, 2022 at 1:42 PM CDT|Updated: 51 minutes ago
NORFOLK, Va. (AP) — Police say two people were killed and five others were injured in a shooting in Norfolk, Virginia.
Police said Sunday they responded around midnight to a report of gunfire.
When they arrived, they found four women and three men with gunshot wounds.
Police say Zabre Miller, 25, and Angela McKnight, 19, later died at a hospital.
Norfolk State University announced on Facebook that several of its students were victims of the shooting at an off-campus location.
The university says initial indications are that its students were innocent bystanders of a shooting at an evening house party.
Police are investigating the shooting.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/04/police-2-dead-5-injured-norfolk-virginia-shooting/ | 2022-09-04T19:33:40Z |
CUPERTINO, Calif., May 18, 2022 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX) today announced that Dr. James E. Brown, President and CEO, Dr. Norman Sussman, Chief Medical Officer, and Dr. WeiQi Lin, Executive Vice President of R&D, will be participating in a fireside chat hosted by Ed Arce, Managing Director of Equity Research at H.C. Wainwright.
Presentation details are as follows:
H.C. Wainwright Global Investment Conference
The webcast link of the presentation will also be available by accessing DURECT's homepage at www.durect.com and clicking on "Event Calendar" under the "Investors" section.
Management will also be available for virtual 1x1 meetings from May 23-25, 2022 during the conference. If attendees would like to request a meeting, please contact H.C. Wainwright directly.
About DURECT Corporation
DURECT is a biopharmaceutical company committed to transforming the treatment of acute organ injury and chronic liver diseases by advancing novel and potentially lifesaving therapies based on its endogenous epigenetic regulator program. Larsucosterol (also known as DUR-928), DURECT's lead drug candidate, binds to and inhibits the activity of DNA methyltransferases (DNMTs), epigenetic enzymes which are elevated and associated with hypermethylation found in alcohol-associated hepatitis (AH) patients. Larsucosterol is in clinical development for the potential treatment of AH, for which FDA has granted a Fast Track Designation; non-alcoholic steatohepatitis (NASH) is also being explored. In addition, POSIMIR® (bupivacaine solution) for infiltration use, a non-opioid analgesic utilizing the innovative SABER® platform technology, is FDA-approved and has been exclusively licensed to Innocoll Pharmaceuticals for development and commercialization in the United States. For more information about DURECT, please visit www.durect.com and follow us on Twitter https://twitter.com/DURECTCorp.
DURECT Forward-Looking Statement
The statements in this press release regarding clinical development of larsucosterol (DUR-928) for potential treatment of AH, the potential to develop larsucosterol for NASH or other indications, the expected commercial launch of POSIMIR by Innocoll and potential future payments we may receive from Innocoll are forward-looking statements involving risks and uncertainties that can cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, the risks that the AHFIRM trial of larsucosterol in AH takes longer to conduct than anticipated due to COVID-19 or other factors, the risk that ongoing and future clinical trials of larsucosterol do not confirm the results from earlier clinical or pre-clinical trials, or do not demonstrate the safety or efficacy or the life-saving potential of larsucosterol in a statistically significant manner, risks that Innocoll may not commercialize POSIMIR successfully, if at all, and risks related to our ability to obtain capital to fund operations and expenses. Further information regarding these and other risks is included in DURECT's annual report on Form 10-Q filed on May 5, 2022 with the Securities and Exchange Commission under the heading "Risk Factors." The 10-K and other public filings are available on our website www.durect.com under the "Investors" tab.
NOTE: POSIMIR® is a trademark of Innocoll Pharmaceuticals, Ltd. in the U.S. and a trademark of DURECT Corporation outside of the U.S. SABER® is a trademark of DURECT Corporation. Other referenced trademarks belong to their respective owners. Larsucosterol (DUR-928) is an investigational drug candidate under development and has not been approved for commercialization by the U.S. Food and Drug Administration or other health authorities for any indication.
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SOURCE DURECT Corporation | https://www.mysuncoast.com/prnewswire/2022/05/18/durect-corporation-present-hc-wainwright-global-investment-conference/ | 2022-05-18T19:35:34Z |
PLEASANTON, Calif., June 2, 2022 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced that Pete Schlampp, chief strategy officer of Workday, will present at Bank of America's 2022 Global Technology Conference in San Francisco on Thursday, June 9, at 2:20 p.m. Pacific Time / 5:20 p.m. Eastern Time. Individuals not attending in-person may access the live webcast of the presentation here.
A replay of the presentation will be available on the Workday Investor Relations site for a minimum of 30 days after the conference takes place.
About Workday
Workday is a leading provider of enterprise cloud applications for finance and human resources, helping customers adapt and thrive in a changing world. Workday applications for financial management, human resources, planning, spend management, and analytics have been adopted by thousands of organizations around the world and across industries – from medium-sized businesses to more than 50% of the Fortune 500. For more information about Workday, visit workday.com.
© 2022. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.
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SOURCE Workday Inc. | https://www.kxii.com/prnewswire/2022/06/02/workday-chief-strategy-officer-pete-schlampp-present-upcoming-investor-conference/ | 2022-06-02T13:03:18Z |
Higher than normal Wyoming deaths continued in 2021
JACKSON, Wyo. (KIFI) - Official records filed with Vital Statistics Services (VSS), which is part of the Wyoming Department of Health (WDH), show another sharp increase in deaths last year over what would have been expected before the COVID-19 pandemic. There were also more births, more marriages and fewer divorces among residents.
Among Wyoming residents, there were 6,572 deaths recorded in 2021, 5,986 deaths recorded in 2020 and 5,122 deaths in 2019, according to official death certificate information. Death certificates are completed by attending physicians and coroners and then filed with VSS.
“Before the pandemic, our data has shown steady, small increases in deaths for several years largely due to our state’s aging population. That’s something we would have reasonably expected to continue,” said Guy Beaudoin, VSS deputy state registrar with WDH. “However, the dramatically increased numbers of deaths over the last two years are unprecedented in Wyoming. It’s clear COVID-19 was a driving factor.”
Beaudoin noted the top five causes of death in Wyoming for 2021 were cancers (1,151), heart diseases (1,113), COVID-19 (1,025), various types of accidents and adverse effects (379) and chronic obstructive pulmonary disease and related conditions (355).
“Unfortunately, Wyoming continues to have a high suicide rate,” Beaudoin said. “There were small increases in the number of suicide completions in each of the last two years, but there have been other times over the last decade with significantly larger year over year jumps as well as some years with reductions.”
In 2021, 189 (+7 over 2020) suicides were recorded among Wyoming residents compared to 182 in 2020 (+13 over 2019). Previously, there were 169 in 2019 (+22 over 2018), 147 in 2018 (-8 over 2017), 155 in 2017 (+12 over 2016), 143 in 2016 (-12 over 2015), 155 in 2015 (+36 over 2014), 119 in 2014 (-9 over 213), 128 in 2013 (-44 over 2012) and 172 in 2012.
Wyoming’s data shows about 72% of suicide deaths in 2021 were due to firearms, with 22% due to hanging and 4% due to poisoning.
“Deaths attributed to overdoses are another area of interest where over time we have seen increases between some years and decreases between others,” Beaudoin said. “Of note, we do continue to see the percentage of overdose deaths caused by illicit drugs rather than prescription drugs as growing within our state.”
In 2021, there were 95 (+5 over 2020) overdose deaths recorded among Wyoming residents compared to 90 in 2020 (+9 over 2019). Previously, there were 81 in 2019 (+16 over 2018), 65 in 2018 (+5 over 2017), 60 in 2017 (-34 over 2016), 94 in 2016 (-1 over 2015), 95 in 2015 (-12 over 2014), 107 in 2014 (+11 over 2013), 96 in 2013 (-3 over 2012), and 99 in 2012.
“Last year was the first in quite some time with an increase recorded in the number of new babies in Wyoming,” Beaudoin said. “Previously, we had seen an ongoing significant downward trend over several years.”
There were 6,232 births among Wyoming resident mothers in 2021 compared with 6,132 in 2020. The high over the past decade was in 2015 with 7,678 resident births.
VSS also holds marriage and divorce records. There were 4,274 marriages recorded in Wyoming last year compared to 3,986 in 2020 and 4,062 in 2019 before the pandemic. As far as divorces, there were 2,158 finalized in 2021 compared with 2,227 divorces in 2020 and 2,253 in 2019 before the pandemic.
VSS promotes and protects the health of Wyoming residents by serving as the official custodian of all vital records in the state and by distributing health information. For more details about VSS, visit https://health.wyo.gov/admin/vitalstatistics/ online. | https://localnews8.com/news/wyoming/2022/04/28/higher-than-normal-wyoming-deaths-continued-in-2021/ | 2022-04-28T18:05:26Z |
Regional Favorite Expands with Exciting Opportunity for Operators and Investors to Share Rainbow Cone Passion, Flavors and Values Beyond the Windy City
CHICAGO, July 27, 2022 /PRNewswire/ -- Rainbow Cone, a Chicago tradition for over 95 years, has announced a new franchise partner program. The uniquely designed program, created with third-generation Rainbow Cone Owner Lynn Sapp, and the Buonavolanto Family, will expand the Rainbow Cone family and its celebrated history, flavors and values to new communities throughout the Midwest, Southeast and South/Southwest. It enables entrepreneurs passionate about the classic Chicago treat to join the company and share the Rainbow Cone legacy.
"There's long been a deep love for Rainbow Cone among entrepreneurs who have often inquired about bringing its classic flavors to their own communities," said Lynn Sapp, third-generation Owner. "Our new franchise partner program was carefully created to extend our family operation nationwide."
Founded in 1926 by "Grandpa Joe" Sapp, who was never satisfied with just one ice cream flavor, Rainbow Cone features five delicious flavors on a single cone, including chocolate, strawberry, Palmer House, pistachio, and orange sherbet. Rather than scooped, the ice cream is sliced and layered, and can be enjoyed in a waffle cone, sugar cone, dish or as a cake. Since 2020, the brand has expanded by adding a second brick and mortar location equipped with a Drive-Through, three kiosk locations, and a fleet of ice cream trucks for festivals, catering, and events.
"We grew aggressively during COVID, which is a testament to our loyal customers, our ice cream and tireless work of our team," added Buonavolanto.
Rainbow Cone has plans to continue expansion of company owned locations next year with three more brick and mortar locations in the Orland Park, Flossmoor, and Algonquin areas. The new franchise partner program includes In-Line, Drive-Through and kiosk opportunities, with a proven proprietary business approach developed and fine-tuned by Rainbow Cone. It spans industry-leading technology, real estate and construction support, shoulder to shoulder training, e-learning, marketing resources and field teams to help franchise partners thrive, succeed and grow.
"The relationship with Lynn Sapp and the Buonavolanto family has been pivotal in bringing Rainbow Cone throughout Illinois over the past four years," added Buonavolanto. "Our new franchise partner program enables other entrepreneurs to work in synergy with us to share Rainbow Cone with as many communities as possible. We are committed to partnering with enthusiastic leaders and building an alliance with our franchisees."
The Rainbow Cone franchise partnership program is open to experienced entrepreneurs interested in single-unit and multi-unit opportunities. Initial investment figures range from $269K to $1.205M. For more information about the program, visit www.rainbowconefranchise.com
The Original Rainbow Cone serves ice cream featuring extraordinary flavors and textures, including the world-famous 5-flavor "Rainbow Cone," sundaes, milkshakes, and memories dedicated to last forever. After opening in 1926, the "Rainbow Cone'' began its infamous reputation and quickly became the most iconic ice cream in Chicago. As Rainbow Cone works to expand their locations and showcase their new adventures, including mobile ice cream trucks, they are excited to share their love for Rainbow Cone's signature sliced cone with even more communities. The Original Rainbow Cone is also available for nationwide shipping via Goldbelly. With four locations in the Chicago area and growing, locals count on The Original Rainbow Cone as a Chicago staple and a sweet treat. For more information, visit www.RainbowCone.com or follow on Instagram, Facebook, and Twitter.
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SOURCE The Original Rainbow Cone | https://www.wibw.com/prnewswire/2022/07/27/rainbow-cone-brings-iconic-chicago-treat-new-communities-with-uniquely-designed-franchise-partner-program/ | 2022-07-27T14:07:21Z |
NASCAR's Suárez to Assist Freeway Insurance, B.R.A.K.E.S. to champion safe teen driving
HUNTINGTON BEACH, Calif., July 27, 2022 /PRNewswire/ -- Freeway Insurance, the largest auto insurance and personal lines distributor in the US, today announced the launch of a new social campaign with B.R.A.K.E.S Teen Driving Training and NASCAR Cup Series Winner Daniel Suárez to educate teenage drivers and their parents about responsible driving. The partnership, which kicks off ahead of the Verizon 200 at the Brickyard Primary Race July 31 at Indianapolis Motor Speedway, is aimed at encouraging more families to participate in the B.R.A.K.E.S. Teen Pro-Active Driving School.
Motor vehicle accidents are the second leading cause of death for American teenagers, with more than 2,700 teens killed in car wrecks in 2020 alone. A free defensive driving program, the B.R.A.K.E.S. Teen Pro-Active Driving School is designed for teenagers who already have a learner's permit, driver's license, or at least 30 hours of driving experience. The program was founded by NHRA drag racing star, Doug Herbert, after he lost his two young sons, Jon and James, in a tragic car crash in January of 2008.
"As a parent who has experienced the worst tragedy when it comes to teen driving, my goal is to make young drivers more conscientious and confident behind the wheel, keeping themselves and anyone who might be in the car with them safer," Herbert said.
While conventional driving education is important and valuable, the B.R.A.K.E.S. Teen Pro-Active Driving Curriculum goes far beyond the basics, teaching tools like Collision Avoidance, a Wheel Drop-Off Recovery Exercise, and a Panic Stop Exercise to make teens confident when a dangerous situation happens on the road.
"Too many teens are killed in car wrecks," Suárez said. "It's my goal to make sure families never go through the pain that comes with deadly accidents. Together, we can help change this story."
Suárez, who recently partnered with Freeway for a PSA around the dangers of street racing, is adding his voice to the importance of the initiative with a video series aimed at bringing awareness to the importance of young driver safety. The series, which will be hosted on Freeway's YouTube channel and social media platforms, will follow Suárez as he drives through the B.R.A.K.E.S. Teen Pro-Active Driving course.
"We want everyone to have peace of mind when it comes to driving,'' said Cesar Soriano, CEO of Confie. "We encourage parents to take advantage of the free driving course from B.R.A.K.E.S. because it could save their child's life one day."
"For our youth, it's so important for them to be safe, confident drivers. Being unsure, afraid, or second-guessing decisions on the road leads to collisions, and teenagers need tools beyond the basics taught in most driving schools," said Trackhouse Owner and Founder, Justin Marks, an American entrepreneur and former professional racing driver.
To learn more about how to sign your teenage up for B.R.A.K.E.S, putonthebrakes.org. To learn more about Freeway Insurance, visit freewayinsurance.com.
Freeway Insurance, Inc., established in 1987, is the largest personal lines insurance agency in the United States, and is an affiliate brand of Confie. As also one of the fastest-growing nationwide insurance distribution companies, Freeway offers insurance policies via a "click, call, or come-in" approach that provides customers coverage throughout the United States. The company is constantly researching, growing, and diversifying product offerings to stay responsive to the ever-evolving insurance market. Freeway offers a wide range of plans, from the most basic to premium plans, in auto, truck, commercial vehicle, fire, flood, homeowners, renters, small commercial, motorcycle, and recreational vehicle insurance products. In 2008, Freeway Insurance joined Confie, a national insurance distribution company. Today, Freeway Insurance services customers in more than 500 offices. Consumers access Freeway Insurance through neighborhood Freeway offices as well as by visiting freewayinsurance.com or calling 888-851-4799.
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SOURCE Freeway Insurance | https://www.kxii.com/prnewswire/2022/07/27/freeway-insurance-launches-partnership-with-daniel-suarez-brakes-teen-pro-active-drive-school-promote-safer-teen-driving/ | 2022-07-27T15:40:16Z |
ELMONT, NY, May 17, 2022 /PRNewswire/ - Kepler Capital Limited Partnership ("Kepler") is pleased to announce that it has completed its seventh acquisition, acquiring majority ownership of Service Station Vending Equipment, Inc. ("SSVE"). SSVE, which is headquartered in Elmont, NY, manufactures, maintains, and services tire inflation air and vacuum vending machines. With a fleet of 4,000 machines throughout New York state, New Jersey, Maryland, and several other states, SSVE is the dominant player in the Northeast region.
"We are extraordinarily excited to be partnering with Bill McCabe and the team at SSVE," commented Mathew Burpee, Managing Director of Kepler. "It is no surprise we were attracted to SSVE given they have been the dominant regional player in their industry for over 30 years, have an impressive growth story, and have an exceptional reputation within the market due to their uncompromising commitment to customer service."
Bill McCabe, Founder and President of SSVE, will remain with the company to continue leading the overall growth strategy and oversight of the company. He will remain a minority equity owner, and a be a key part of driving the future success of the business.
"Bill is a pioneer in this industry and we are thrilled that he will remain a key part of the company's leadership team going forward," commented Mathew Burpee. "The air vending industry is highly fragmented and tight-knit, and so we are excited to pursue an aggressive acquisition strategy, looking for other companies who want to join our team, and contribute to building a pre-eminent air vending business, from coast-to-coast."
Bill McCabe commented: "my team and I are excited about the prospect of taking what we have done over nearly four decades and growing nationwide. Mathew and his group have the same dedication to customer service as we do, 'treat every customer as if they are you first customer'. I'd like to think Ken Stein and Adam Stein of Kensington and Company who represented SSVE in this transaction. Ken, Adam and their staff did and amazing job supporting this deal to the finish line."
About Service Station Vending Equipment
SSVE engages in the manufacturing, maintenance servicing of thousands of air and vacuum vending machines throughout the northeast USA. airusa1.com
About Kepler Capital
Kepler is a long-term, growth-focused private equity fund, focused on acquiring exceptional, unique businesses across North America, with a stable, resilient business model, strong leadership team, and long-term growth potential. keplercapital.ca
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SOURCE Kepler Capital Corporation | https://www.wibw.com/prnewswire/2022/05/17/kepler-capital-acquires-majority-ownership-service-station-vending-equipment-accelerate-growth-build-national-platform/ | 2022-05-17T10:36:50Z |
Students could lose access to free school lunches when a key federal program expires June 30th
Lawmakers are considering a new bill to extend the free lunch program that was passed as part of the coronavirus relief package in 2020.
WASHINGTON (Gray DC) - Students could lose access to free summer and school lunches on June 30th if lawmakers don’t act on new legislation to extend a federal program that was passed during the pandemic.
Since March 2020, Congress has provided the United States Department of Agriculture with special authority to help to schools and meal programs. The USDA tells the Washington News Bureau, that “allowed the USDA to equip schools and other child nutrition program operators with much-needed extra resources and unprecedented options so they could maintain successful meal service to kids throughout the pandemic.” The Department said the pandemic program has surged the number of children eating free school lunch every day from 20 million to nearly 30 million.
However, Congress did not extend the program beyond the 2021-2022 school year. Therefore, the benefits of that program will expire on June 30th. The USDA said those expiring benefits include:
- Providing school meals free of charge to streamline program operations while protecting public health
- Providing a higher reimbursement rate for meals served to help schools cover increased costs as a result of the pandemic and resulting supply chain disruptions
- Waiving certain nutrition standards
- Allowing summer and after school meal sites to operate in any location
- Reimbursing family day care in homes for all meals and snacks at the highest rate.
Senators have proposed a solution to extend the benefits through the summer and into September 30, 2023. However, the bill has not yet been scheduled for a vote.
Sen. Mark Warner (D-Va.) is one of the lawmakers who wants to see the extension passed.
“Unfortunately, there are way too many families where kids go hungry on a regular basis. And, part of that is obviously due to food inflation prices. Part of that is due to just normal challenges that come up in daily life.” said Warner, who credited the expiring federal program with cutting government bureaucracy throughout the pandemic.
Warner believes families need more time to recover.
“So this legislation’s pretty simple. It simply says, before we go back to the old days, let’s go ahead and keep for at least the next two summers, this summer and next summer, the same less bureaucratic, less red tape regulations in place,” he said. He later added, “this should be a no brainer. You know, we ought to be about efficiency, delivering meals to kids. And, we all know a lot of food insecurity. We know come this summer, particularly if we see inflation, prices continue to go up, more and more families may have to rely on these summer meals.”
Washington News Bureau reporter Jamie Bittner visited John Adams Elementary School in Virginia, where school lawmakers have kept a close eye on the help coming from Capitol Hill since the pandemic began. Currently, students at that school are eating free thanks to COVID-19 waivers and several federal programs.
Principal Dr. Alicia Kingcade said “the help that we are receiving means a lot to the students and our families. It’s a great benefit to our families especially because it’s offered to our families during break times, during winter, spring break, and during these unprecedented times.”
Alexandria City Public Schools assistant director of nutrition services, Sarah Bennett, has been navigating the changing federal programs during the pandemic. She said the district has seen an increase in students participating in the free meal services, since the federal help was extended.
“We’re just proud of all the hard work that not only our school district is doing, but school districts across the nation, in meeting the demand for our meals, servicing our kiddos, being flexible under various circumstances. I think school nutrition programs across the nation have done a fantastic job in being flexible and continuing to serve our students, and we’re proud of the work that we’ve done,” said Bennett.
Bennett believes free lunches at John Adams Elementary School will not be impacted by the federal program that is about to expire as she said that school operates under a separate provision.
She told the Washington News Bureau approximately 72% of students at John Adams Elementary School and its accompanying Early Childhood Center, have been eligible for free or reduced meals in the past.
“I am passionate about ensuring students are fueled to learn for their day regardless of their income backgrounds. We’re here to service every student and make sure every student is fueled to learn,” she said.
Copyright 2022 Gray DC. All rights reserved. | https://www.wibw.com/2022/06/02/students-could-lose-access-free-school-lunches-when-key-federal-program-expires-june-30th/ | 2022-06-02T17:54:07Z |
Iowa Supreme Court holds premises owners and product sellers not immune from asbestos liability
DES MOINES, Iowa, June 22, 2022 /PRNewswire/ -- Attorneys at Dean Omar Branham Shirley, LLP have secured a favorable ruling from the Iowa Supreme Court in a case that restores legal protections for individuals exposed to cancer-causing asbestos on the job.
The ruling holds that premises owners will not be protected against lawsuits brought by contractors who were sickened by asbestos exposure at work, even if the asbestos-containing products were made or sold by someone else. The court also confirmed that sellers of asbestos products remain subject to product liability claims from those injured by asbestos exposure.
"We are very pleased with the court's decision," said partner Lisa Shirley. "There is still a lot of work to be done in bringing justice for our clients, but this is absolutely a step in the right direction. We are celebrating this victory today."
The decision reverses a previous lower court ruling in a lawsuit brought by the survivors of Charles Beverage, who served as a construction contractor at an Alcoa aluminum plant for several years prior to his malignant mesothelioma diagnosis. Mr. Beverage passed away only weeks following the diagnosis.
Dean Omar Branham Shirley, LLP represents Mr. Beverage's children, who filed a lawsuit against Alcoa and Iowa-Illinois Taylor Insulation over the asbestos exposure. Although Iowa-Illinois Taylor Insulation did not manufacture the contaminated insulation, it did supply and install it at Alcoa's plant at their request.
The defendants originally claimed they weren't at fault for not having manufactured the asbestos-contaminated products under a 2017 statute that sought to restrict litigation that arises from asbestos exposures. This Iowa Supreme Court ruling allows for further proceedings to continue.
About Dean Omar & Branham, LLP
Dean Omar & Branham, LLP, is a nationally recognized trial firm that handles cases across the country for individuals who have suffered catastrophic injuries or have died as a result of irresponsible conduct of others. For more information, please visit http://www.dobslegal.com.
Media Contact:
Alyssa Woulfe
800-559-4534
alyssa@androvett.com
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SOURCE Dean Omar Branham Shirley, LLP | https://www.kxii.com/prnewswire/2022/06/22/dean-omar-branham-shirley-secures-high-court-ruling-asbestos-case/ | 2022-06-22T20:21:28Z |
- This is the Korean company's second factory in Costa Rica, where construction of its third factory has already begun and is expected to go into operation in 2024.
- The company will create 200 more jobs across multiple areas for people with different educational levels, from primary to higher education.
SEOUL, South Korea and CORIS, Costa Rica, Aug. 19, 2022 /PRNewswire/ -- Global Sae-A Group, a leading yarn manufacturer and one of the world's largest apparel manufacturers based in Korea, held the building completion ceremony for its second spinning mill in Coris, Cartago, in the presence of President Rodrigo Chaves, Vice-Minister of Foreign Trade Jimena Chinchilla, CINDE's CEO Eric Scharf, and Korean Ambassador Jin Hae Kim.
The President of Costa Rica, Rodrigo Chaves Robes, who attended the completion ceremony, said in his congratulatory message, "The Global Sae-A Group, which operates factories in over 40 countries around the world, invested in Costa Rica in 2015 and in the seven years since, they have created hundreds of jobs. They have contributed greatly, not only to our Cartago family, but also towards Costa Rica's development.
Sae-A started business in Costa Rica in 2015 in order to produce quality yarn. Currently, the company has 400 employees and plans to hire at least 200 more over the next few months. This expansion is due to the completion of the new spinning mill, the second of Sae-A's three factories in Costa Rica. Its third factory is already under construction, and the company plans to build more factories in the country in the future.
"We decided to invest in Costa Rica seven years ago because of its political and social stability, along with its excellent talent availability. We believe that it was a successful investment," says Sang Soon Han, Sr., President of Sae-A Spinning. "This second factory is part of our USD 150 million investment plan for Costa Rica, which includes the third factory. The construction for the third factory has already begun and it will be completed by the end of 2023. The second factory introduced a storm water reuse system, and was built as an eco-friendly building and certified as LEED Silver by USGBC. Furthermore, we hope to continue to grow in Costa Rica by constructing a recycled yarn manufacturing factory as well as our fourth factory, in line with the global sustainability trends."
Founded in 1986, Sae-A Trading, a subsidiary of Global Sae-A Group, has become one of the world's largest apparel manufacturers and exporters. Currently, 60,000 associates at 40 factories in the CAFTA countries and ten countries in Asia manufacture more than 2.6 million articles of clothing every day with yarn supplied by Sae-A Spinning.
Sae-A Spinning manufactures yarn every day with its cutting-edge technology and the productive labor and talent of Costa Ricans. The yarn is sent to sewing factories to produce finished products for famous fashion brands in the US and Europe.
CINDE's Managing Director Jorge Sequeira congratulated Sae-A on its impressive growth in Costa Rica. "The company is one of the success stories of our strategy to invest in new regions, as well as a great opportunity to attract investment in other parts of Costa Rica in line with the trends of nearshoring and friendshoring that seek a market close to primarily North America, or its allies with political, social and economic stability."
The establishment and operation of Sae-A Spinning in Costa Rica is an important milestone for the company as it has become the first company to perform vertical integration in the apparel manufacturing industry for all production processes, from spinning to weaving, dyeing, and sewing. Currently, the company produces 18 million kilograms of yarn per year.
Global Sae-A Group, headquartered in Seoul, South Korea, is the world's largest apparel exporter and manufacturer, with over 60,000 associates across 10 countries, 24 offices and 40 factories worldwide.
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SOURCE Global Sae-A Group | https://www.kxii.com/prnewswire/2022/08/19/global-sae-a-group-completes-construction-second-spinning-mill-costa-rica/ | 2022-08-19T13:43:32Z |
New Wide-Format Dual Roll Printer Features Innovative Space-Saving Design and Fast Speeds Ideal for High Volume Production Environments
LOS ALAMITOS, Calif., June 27, 2022 /PRNewswire/ -- Meeting the needs of high volume production environments, Epson today announced availability of the new SureColor® P8570D 44-inch dual roll printer. Leveraging an entirely new innovative, space-saving design, the photo and graphics printer is the first available model in the new line of high volume production-class SureColor P-Series wide-format printing solutions designed for photo fulfillment, retail photo labs, poster and graphic art production.
Designed to meet high volume production needs, the SureColor P8570D features a unique flattop design with complete front operation, simple automatic roll loading and dual roll/take-up reel integrated to deliver maximum productivity. Leveraging industry-leading 2.64-inch PrecisionCore® MicroTFP® printhead technology and 6-color UltraChrome® PRO6 Ink with Gray, the printer produces vibrant, rich, colorful prints with gradations and neutral black-and-white images that rival comparable 8-color printers. It prints on a wide range of media, including photo, fine art, canvas, and rigid poster board up to 1.5 mm thick.
"As demand for production photo printing and quick fulfilment in the market continues to grow, print service providers are looking for cost-effective solutions that not only provide fast speeds but also flexibility and versatility," said Marc Aguilera, product manager, Professional Imaging, Epson America, Inc. "The new SureColor P8570D is designed for production printing environments that require high performance, quality, and reliability in a small footprint. With the new line of production-class SureColor P-Series printers, Epson continues to support our customers with solutions they can rely on for long-term success."
More about the SureColor P8570D
- Incredible performance without compromise – Produces sharp, detailed and colorful photographic prints at remarkable speeds1 using a reliable 2.64" PrecisionCore MicroTFP printhead
- Seamless, dual-roll productivity – Automatically switch between two media types or sizes, or use second roll as a take-up reel for roll-to-roll production
- Easy to use and maintain – Configurable 4.3" touch screen control panel for simple operation, automated routine maintenance and convenient user self-service for long-term operation
- No assembly required – Be up and printing in as little as 30 minutes; SuperSpeed USB 3.0, Gigabit Ethernet or Wi-Fi® (2.4 GHz and 5 GHz) options to fit any workflow
- Enhanced security features and IT tools – Over 28 enhanced security features for office or remote office locations including hardware encryption, IC card option for user control and tracking, and a host of IT management tools
- Includes Adobe Embedded Print Engine as a standard option – Natively process JPG, TIFF, PDF and PostScript® files for faster and more reliable printing
- Maximize productivity with included Epson® Software Suite and Epson Cloud Solution PORT – Remotely manage and monitor your printer fleet from convenience of your laptop or smart device
Pricing and Availability
The SureColor P8570D 44-inch dual roll model (MSRP $6,445) is now available through Epson Authorized Professional Imaging Resellers. Additional 24- and 44-inch SureColor P-Series production-class models, including options for 1.6L ink packs, will be available in late 2022 and early 2023. For additional information, visit www.epson.com/productionphoto.
About Epson
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion. global.epson.com/
Epson America, Inc., based in Los Alamitos, Calif., is Epson's regional headquarters for the U.S., Canada, and Latin America. To learn more about Epson, please visit: epson.com. You may also connect with Epson America on Facebook (facebook.com/Epson), Twitter (twitter.com/EpsonAmerica), YouTube (youtube.com/EpsonAmerica), and Instagram (instagram.com/EpsonAmerica).
* This product uses only genuine Epson-brand cartridges. Other brands of ink cartridges and ink supplies are not compatible and, even if described as compatible, may not function properly.
1 Print speeds are based on the print engine speed only. Total throughput time for any print depends on various factors including workstation configuration, file size, print resolution, ink coverage and networking. Actual print speeds will vary.
EPSON, PrecisionCore, SureColor, TFP, and UltraChrome are registered trademarks and EPSON Exceed Your Vision is a registered logomark of Seiko Epson Corporation. All other product and brand names are trademarks and/or registered trademarks of their respective companies. Epson disclaims any and all rights in these marks. Copyright 2022 Epson America, Inc.
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SOURCE Epson America, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/27/epson-now-shipping-new-high-speed-surecolor-p8570d-44-inch-production-photo-graphics-printer/ | 2022-06-27T08:23:11Z |
LOS ANGELES, April 19, 2022 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Grab Holdings Limited ("Grab" or the "Company") (NASDAQ: GRAB, GRABW).
Class Period: November 12, 2021 – March 3, 2022
Lead Plaintiff Deadline: May 16, 2022
If you wish to serve as lead plaintiff of the Grab lawsuit, you can submit your contact information at www.glancylaw.com/cases/grab-holdings-limited/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that Grab's driver supply declined during the third quarter; (2) that, as a result, Grab continued to invest heavily in driver and consumer incentives to "preemptively recalibrate driver supply"; (3) that, as a result, the Company's financial results would be adversely impacted, including, among other things, a significant decline in revenue; and (4) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
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To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Glancy Prongay & Murray LLP | https://www.wibw.com/prnewswire/2022/04/19/grab-grabw-investors-have-opportunity-lead-grab-holdings-limited-securities-fraud-lawsuit/ | 2022-04-19T22:07:50Z |
Reported Revenue Increased 18%; Adjusted Pro Forma Revenue Increased 2%
Diluted EPS Increased 43% to $4.47; Adjusted Diluted EPS Increased 0.3% to $2.89
Reported Operating Profit Margin Increased 2,560 Basis Points to 79.2%
Adjusted Pro Forma Operating Profit Margin Decreased 340 Basis Points to 45.2%
Revenue Growth was Driven by Strength Across Five of Six Divisions, Offset by a Sharp Decline in Revenue Related to Debt Issuance
Company is Updating GAAP Guidance and Adjusted Guidance
Merger-Related Divestitures Announced or Completed
NEW YORK, May 3, 2022 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported first quarter 2022 results with reported revenue of $2.39 billion, an increase of 18% compared to the same period last year. Strong execution drove growth across five of the Company's six divisions, while Ratings transaction revenue was negatively impacted by a sharp year-over-year reduction in debt issuance. GAAP net income increased 64% to $1.24 billion and GAAP diluted earnings per share increased 43% to $4.47 primarily due to the gain on sale of businesses partially offset by the impact of the merger with IHS Markit.
Adjusted pro forma revenue increased 2% compared to the first quarter of 2021. Adjusted pro forma net income declined 1% to $1.01 billion and adjusted pro forma diluted earnings per share increased 0.3% to $2.89 primarily due to a 1% decrease in pro forma fully diluted shares outstanding. The largest adjustments in the first quarter of 2022 were for gains on the sale of divested businesses and costs related to the merger with IHS Markit.
"Our first quarter as a unified company demonstrated the incredible power of the merger of S&P Global with IHS Markit," said Douglas L. Peterson, President and Chief Executive Officer of S&P Global. "Through the combination of our diverse and complementary data, benchmarks, insights, and research, alongside the contribution of our people and technology, we empower our customers to make informed decisions during an especially volatile and uncertain period."
Merger Update: The Company completed its merger with IHS Markit on February 28, 2022. The divestiture of IHS Markit's Base Chemicals business, and S&P Global's LCD business have been announced and are expected to close in the second quarter of 2022. All other divestitures associated with the merger have been successfully completed. The Company has also completed a series of transactions to optimize its capital structure, including refinancing debt at a lower average cost.
Important note on the presentation of financial results and guidance: GAAP financials and guidance are presented to reflect the close of the merger with IHS Markit, and the inclusion of its financial results, as of March 1, 2022. Adjusted financial information and guidance are presented on a pro forma basis as if the merger had closed on January 1, 2021, to include the financial impact in both the first quarter of 2022, and in the comparable year-ago period. Adjusted pro forma financials also exclude the contribution of divested businesses from all presented periods. Additionally, after the merger closed we were able to refine our recast pro forma financials for 2021, which are included in today's amendment to the Form 8-K filed when the merger closed.
Profit Margin: The Company's reported operating profit margin increased 2,560 basis points to 79.2% due to the gain on sale of assets, the inclusion of IHS Markit, and costs associated with the merger. Adjusted pro forma operating profit margin decreased 340 basis points to 45.2% primarily due to declines in Ratings transaction revenue, and a step-up in certain expenses, as well as investments in technology and strategic initiatives. Adjusted pro forma expense growth was temporarily elevated in the first quarter due to the return of in-person events such as CERAWeek, and compensation expenses associated with a re-alignment of the timing of merit increases. The Company expects expense growth (ex-synergies) to moderate through the rest of the year.
Return of Capital: During the first quarter, the combined Company returned $7.3 billion to shareholders through a combination of $7 billion in the form of an accelerated share repurchase (ASR) agreement and $265 million in cash dividends paid by S&P Global and IHS Markit pre-merger. The $7 billion in share repurchases represents the first tranche of an expected $12 billion Accelerated Share Repurchase (ASR) program. The first tranche is expected to be completed in early August, while the remainder of the planned $12 billion is expected to be executed by the end of the year.
Market Intelligence: Reported revenue increased 39% to $727 million in the first quarter of 2022 driven primarily by the inclusion of IHS Markit revenue. Adjusted pro forma revenue increased 7% to $1.02 billion with double-digit growth in Data & Advisory Solutions, and positive growth in Desktop, Credit & Risk Solutions, and Enterprise Solutions. Reported operating profit increased to $1.49 billion and operating profit margin improved 17,390 basis points to 204.7% primarily driven by the gain on the sale of divested businesses, which is recorded as operating income. Adjusted pro forma operating profit increased 5% to $295 million and adjusted pro forma operating profit margin decreased 60 basis points to 29.0% due to investment in technology (primarily cloud transition costs) and strategic initiatives.
Ratings: Reported revenue decreased 15% to $868 million in the first quarter of 2022. Transaction revenue decreased 31% to $404 million. Transaction revenue was negatively impacted by a year-over-year decrease in debt issuance across all categories, but particularly within high-yield, which decreased approximately 68% year-over-year. Non-transaction revenue increased 7% to $464 million due to growth in annual fees, and in CRISIL revenue.
Reported operating profit decreased 25% to $511 million. Operating profit margin decreased 810 basis points to 58.9% compared to the first quarter of 2021 on the combined impact of the decrease in transaction revenue and year-over-year growth in compensation expense from increased headcount and re-alignment in the timing of annual merit increases. Adjusted operating profit decreased 25% to $513 million and adjusted operating profit margin decreased 820 basis points to 59.1%.
Commodity Insights: Reported revenue increased 51% to $363 million in the first quarter of 2022, primarily driven by the inclusion of IHS Markit. Adjusted pro forma revenue increased 14% to $466 million, driven by Advisory & Transactional Services, and strong growth in Price Assessments, and Energy & Resources Data & Insights, offset by a modest decline in Upstream Data & Insights. Reported operating profit increased 18% to $158 million and operating profit margin decreased 1,230 basis points to 43.5% primarily due to the inclusion of IHS Markit. Adjusted pro forma operating profit increased 8% to $200 million and adjusted pro forma operating profit margin decreased 210 basis points to 43.0%. The return of in-person conferences (most notably CERAWeek) was the largest contributor to the increase in adjusted pro forma expenses, and associated decrease in adjusted pro forma operating profit margin.
Mobility: Reported revenue (March 2022 only) was $115 million. Adjusted pro forma revenue increased 10% to $324 million in the first quarter of 2022 with growth driven by strength in Planning Solutions and Used Car offerings. Reported operating profit in the first quarter was $18 million and operating profit margin was 16.1%. Adjusted pro forma operating profit increased 8% to $122 million and adjusted pro forma operating profit margin decreased 80 basis points to 37.8%. Growth in expenses, and the associated decrease in margin, were driven by the continued impact from investments in headcount and advertising spend.
S&P Dow Jones Indices: S&P Dow Jones Indices LLC is a majority-owned subsidiary. The consolidated results are included in S&P Global's income statement and the portion related to the 27% non-controlling interest is removed in net income attributable to non-controlling interests.
Reported revenue increased 19% to $322 million in the first quarter of 2022, primarily due to the inclusion of IHS Markit. Adjusted pro forma revenue increased 14% to $339 million in the first quarter of 2022, driven by strong growth in asset-linked fees and exchange-traded derivative activity.
Reported operating profit increased 17% to $224 million. Operating profit margin decreased 140 basis points to 69.4%. Adjusted pro forma operating profit increased 16% to $235 million. Adjusted pro forma operating profit margin improved 130 basis points to 69.3%, driven by strong revenue growth, partially offset by strategic investments and increased compensation expense. Operating profit attributable to the Company increased 17% to $165 million. Adjusted pro forma operating profit attributable to the Company increased 17% to $176 million.
Engineering Solutions: Reported revenue (March 2022 only) was $33 million. Adjusted pro forma revenue increased 7% to $98 million in the first quarter of 2022 with growth driven by strength in core subscription offerings and non-subscription products. Reported operating profit in the first quarter was $1 million and operating profit margin was 3.8%. Adjusted pro forma operating profit increased 17% to $18 million and adjusted pro forma operating profit margin improved 160 basis points to 18.3%, with expense growth driven by investment in product development and increased royalties.
Corporate Unallocated Expense: Reported Corporate Unallocated Expense of $512 million compares to $86 million of reported Corporate Unallocated Expense in the prior period. Adjusted pro forma Corporate Unallocated Expense was $21 million in the first quarter of 2022, which compares to $43 million in the first quarter of 2021. Adjusted pro forma corporate unallocated expense declined from a year ago, caused by a combination of reduced incentive and fringe costs as well as the release of certain benefits accruals.
Provision for Income Taxes: The Company's effective tax rate (excluding taxes in relation to earnings of unconsolidated subsidiaries) increased to 30.5% in the first quarter of 2022 compared to 23.4% in the same period last year due to tax charges on merger-related divestitures and deal-related non-deductible costs. The adjusted effective tax rate (excluding taxes in relation to earnings of unconsolidated subsidiaries) decreased to 20.1% compared to 23.1% in the same period last year due to tax deductions in relation to stock-based compensation and merger-related optimization of capital and liquidity structure. The Company's effective tax rate may fluctuate from quarter to quarter due to the timing of discrete tax adjustments.
Balance Sheet and Cash Flow: Cash, cash equivalents, and restricted cash at the end of the first quarter were $4.4 billion. In the first three months of 2022, cash provided by operating activities was $222 million, cash provided by investing activities was $2,901 million, and cash used for financing activities was $5,205 million. Free cash flow in the first three months of 2022 was $151 million, a decrease of $530 million compared to the same period in 2021 and pro forma free cash flow excluding certain items was $701 million.
Outlook: The Company is updating both GAAP and adjusted pro forma guidance for 2022 (initially provided on March 1, 2022) to reflect the results of the first quarter, as well as our most recent views on the macro-economic and geopolitical environment. 2022 reported revenue is expected to increase more than 40%, which is the same as previous guidance. GAAP EPS guidance is expected to be in a range of $12.00 to $12.25, compared to previous guidance of $13.40 to $13.60.
The Company is providing updated adjusted guidance on a pro forma basis that excludes merger expenses, and amortization of intangibles related to acquisitions. Adjusted pro forma guidance is provided to reflect expected financial results for the full year, as if the merger with IHS Markit (and associated divestitures) had been completed on January 1, 2021. Adjusted pro forma revenue is now expected to grow low single digits, compared to our prior guidance of mid-single-digit growth. Adjusted pro forma diluted EPS guidance has been updated to a new range of $13.00 to $13.25, from prior guidance of a range of $13.30 to $13.50. Guidance for adjusted pro forma free cash flow excluding certain items has also been updated to a new range of $4.8 billion to $4.9 billion, from the previous guidance range of $4.9 billion to $5.0 billion.
Comparison of Adjusted Information to U.S. GAAP Information: The Company reports its financial results in accordance with accounting principles generally accepted in the United States ("GAAP"). The Company also refers to and presents certain additional non-GAAP financial measures, within the meaning of Regulation G under the Securities Exchange Act of 1934. These measures are: adjusted diluted earnings per share, adjusted net income, adjusted operating profit and margin, organic revenue, adjusted Corporate Unallocated expense, adjusted effective tax rates, adjusted diluted EPS guidance, free cash flow, and free cash flow excluding certain items. The Company has included reconciliations of these non-GAAP financial measures to the most directly comparable financial measures calculated in accordance with GAAP on Exhibits 5, 6, 7 and 8. Reconciliations of certain forward-looking non-GAAP financial measures to comparable GAAP measures are not available due to the challenges and impracticability with estimating some of the items. The Company is not able to provide reconciliations of such forward-looking non-GAAP financial measures because certain items required for such reconciliations are outside of the Company's control and/or cannot be reasonably predicted. Because of those challenges, reconciliations of such forward-looking non-GAAP financial measures are not available without unreasonable effort.
The Company's non-GAAP measures include adjustments that reflect how management views our businesses. The Company believes these non-GAAP financial measures provide useful supplemental information that, in the case of non-GAAP financial measures other than free cash flow and free cash flow excluding certain items, enables investors to better compare the Company's performance across periods, and management also uses these measures internally to assess the operating performance of its business, to assess performance for employee compensation purposes and to decide how to allocate resources. The Company believes that the presentation of free cash flow and free cash flow excluding certain items allows investors to evaluate the cash generated from our underlying operations in a manner similar to the method used by management and that such measures are useful in evaluating the cash available to us to prepay debt, make strategic acquisitions and investments, and repurchase stock. However, investors should not consider any of these non-GAAP measures in isolation from, or as a substitute for, the financial information that the Company reports.
Conference Call/Webcast Details: The Company's senior management will review the first quarter 2022 earnings results on a conference call scheduled for today, May 3, at 8:30 a.m. EDT. Additional information presented on the conference call may be made available on the Company's Investor Relations Website at http://investor.spglobal.com.
The Webcast will be available live and in replay at http://investor.spglobal.com/Quarterly-Earnings. (Please copy and paste URL into Web browser.)
Telephone access is available. U.S. participants may call (888) 603-9623; international participants may call +1 (630) 395-0220 (long-distance charges will apply). The passcode is "S&P Global" and the conference leader is Douglas Peterson. A recorded telephone replay will be available approximately two hours after the meeting concludes and will remain available until June 2, 2022. U.S. participants may call (800) 570-8796; international participants may call +1 (203) 369-3293 (long-distance charges will apply). No passcode is required.
Forward-Looking Statements: This press release contains "forward-looking statements," as defined in the Private Securities Litigation Reform Act of 1995. These statements, including statements about COVID-19 and the merger (the "Merger") between a subsidiary of the Company and IHS Markit Ltd. ("IHS Markit"), which express management's current views concerning future events, trends, contingencies or results, appear at various places in this press release and use words like "anticipate," "assume," "believe," "continue," "estimate," "expect," "forecast," "future," "intend," "plan," "potential," "predict," "project," "strategy," "target" and similar terms, and future or conditional tense verbs like "could," "may," "might," "should," "will" and "would." For example, management may use forward-looking statements when addressing topics such as: the outcome of contingencies; future actions by regulators; changes in the Company's business strategies and methods of generating revenue; the development and performance of the Company's services and products; the expected impact of acquisitions and dispositions; the Company's effective tax rates; and the Company's cost structure, dividend policy, cash flows or liquidity.
Forward-looking statements are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include, among other things:
- worldwide economic, financial, political and regulatory conditions, and factors that contribute to uncertainty and volatility, natural and man-made disasters, civil unrest, pandemics (e.g., COVID-19), geopolitical uncertainty (including military conflict), and conditions that may result from legislative, regulatory, trade and policy changes;
- the ability of the Company to retain customers and to implement its plans, forecasts and other expectations with respect to IHS Markit's business and realize expected synergies;
- business disruption following the Merger;
- the Company's ability to meet expectations regarding the accounting and tax treatments of the Merger;
- the Company's ability to successfully recover should it experience a disaster or other business continuity problem from a hurricane, flood, earthquake, terrorist attack, pandemic, security breach, cyber attack, data breach, power loss, telecommunications failure or other natural or man-made event, including the ability to function remotely during long-term disruptions such as the ongoing COVID-19 pandemic;
- the Company's ability to maintain adequate physical, technical and administrative safeguards to protect the security of confidential information and data, and the potential for a system or network disruption that results in regulatory penalties and remedial costs or improper disclosure of confidential information or data;
- the outcome of litigation, government and regulatory proceedings, investigations and inquiries;
- the health of debt and equity markets, including credit quality and spreads, the level of liquidity and future debt issuances, demand for investment products that track indices and assessments and trading volumes of certain exchange-traded derivatives;
- the demand and market for credit ratings in and across the sectors and geographies where the Company operates;
- concerns in the marketplace affecting the Company's credibility or otherwise affecting market perceptions of the integrity or utility of independent credit ratings, benchmarks and indices;
- the effect of competitive products and pricing, including the level of success of new product developments and global expansion;
- the Company's exposure to potential criminal sanctions or civil penalties for noncompliance with foreign and U.S. laws and regulations that are applicable in the domestic and international jurisdictions in which it operates, including sanctions laws relating to countries such as Iran, Russia, Sudan, Syria and Venezuela, anti-corruption laws such as the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act of 2010, and local laws prohibiting corrupt payments to government officials, as well as import and export restrictions;
- the continuously evolving regulatory environment, in Europe, the United States and elsewhere around the globe, affecting S&P Global Ratings, S&P Global Commodities Insights, S&P Dow Jones Indices, S&P Global Market Intelligence, and the products those business divisions offer including our ESG products, and the Company's compliance therewith;
- the Company's ability to make acquisitions and dispositions and successfully integrate the businesses we acquire;
- consolidation in the Company's end-customer markets;
- the introduction of competing products or technologies by other companies;
- the impact of customer cost-cutting pressures, including in the financial services industry and the commodities markets;
- a decline in the demand for credit risk management tools by financial institutions;
- the level of merger and acquisition activity in the United States and abroad;
- the volatility and health of the energy and commodities markets;
- our ability to attract, incentivize and retain key employees, especially in today's competitive business environment;
- the level of the Company's future cash flows and capital investments;
- the impact on the Company's revenue and net income caused by fluctuations in foreign currency exchange rates;
- the Company's ability to adjust to changes in European and United Kingdom markets as the United Kingdom leaves the European Union, and the impact of the United Kingdom's departure on our credit rating activities and other offerings in the European Union and United Kingdom; and
- the impact of changes in applicable tax or accounting requirements on the Company.
The factors noted above are not exhaustive. The Company and its subsidiaries operate in a dynamic business environment in which new risks emerge frequently. Accordingly, the Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the dates on which they are made. The Company undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it is made, except as required by applicable law. Further information about the Company's businesses, including information about factors that could materially affect its results of operations and financial condition, is contained in the Company's filings with the SEC, including Item 1A, Risk Factors, in our most recently filed Annual Report on Form 10-K.
About S&P Global
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world.
We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today.
Investor Relations: http://investor.spglobal.com
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https://investor.spglobal.com/contact-investor-relations/rss-feeds/default.aspx
Contact:
Investor Relations:
Mark Grant
Senior Vice President, Investor Relations
Tel: +1 (347) 640-1521
mark.grant@spglobal.com
Media:
Ola Fadahunsi
Communications
Tel: +1 (332) 210-9935
ola.fadahunsi@spglobal.com
Christopher Krantz
Communications
Tel: +44 7976 632 638
christopher.krantz@spglobal.com
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SOURCE S&P Global | https://www.mysuncoast.com/prnewswire/2022/05/03/sampp-global-reports-revenue-growth-first-quarter-post-merger/ | 2022-05-03T12:22:59Z |
WASHINGTON, Aug. 5, 2022 /PRNewswire/ -- The International Brotherhood of Teamsters unequivocally rejects the recent ruling by Region 10 of the National Labor Relations Board (NLRB), unfairly levying millions of dollars in fines against members of the United Mine Workers of America (UMWA) for expressing their federally protected rights as union members.
UMWA has made clear its intent to vigorously challenge the outrageous assessment of damages by the NLRB concerning mine workers' 16-month strike against Warrior Met Coal. The Alabama-based employer refused to negotiate in good faith with the union and is struggling to justify a loophole in American labor law to circumvent the leverage of average American workers to strike disastrous, greed-driven companies.
"The Teamsters proudly stand with our brothers and sisters of the United Mine Workers of America to combat this assault on American workers by the National Labor Relations Board," said Teamsters General President Sean M. O'Brien. "Are we simply going to strip hardworking Americans of their ability to organize, and of their freedom to strike corrupt employers? At what point is the federal government going to intervene to actually protect working people?"
The UMWA entered into an agreement in June with Region 10 to help striking members and their families avoid hostile questioning by Warrior Met Coal attorneys. Despite these well-intentioned efforts, the NLRB billed the union more than $13 million in July for damages the corporate employers allege are owed as a result of union opposition to worker exploitation.
The fine unjustly calculated by Region 10 is more than 33 times the estimated amount that NLRB attorneys initially assessed in response to strike actions.
"Should this ruling by Region 10 be upheld, every American worker is on notice that the federal government of the United States has turned its back on you," said Teamsters General Secretary-Treasurer Fred Zuckerman. "The ability to strike a ravenous employer — a once assured protection for Americans to fight for better working conditions — would be on the chopping block if this decision isn't reversed. There's no other way to look at it. The NLRB is simply wrong in this misguided ruling."
Warrior Met Coal instigated the prolonged strike against mine workers after spending months refusing to bargain in good faith for a new contract. In coordination with the UMWA, the Teamsters Union and its membership of 1.2 million hardworking Americans is prepared to exhaust every resource to protect the right to strike of every worker in every jurisdiction.
Founded in 1903, the International Brotherhood of Teamsters represents 1.2 million hardworking men and women throughout the United States, Canada and Puerto Rico. Visit www.teamster.org for more information. Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters.
Contact:
Ted Gotsch, (202) 508-6437
tgotsch@teamster.org
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SOURCE International Brotherhood of Teamsters | https://www.kxii.com/prnewswire/2022/08/05/teamsters-egregious-nlrb-ruling-against-mine-workers-threatens-americas-workforce/ | 2022-08-05T19:05:20Z |
California court strikes down another law seeking to diversify corporate boards
By Jeanne Sahadi, CNN Business
California’s efforts to mandate board diversity have been dealt another blow.
Late last week, a California judge in the Superior Court of Los Angeles ruled that the state’s 2018 law requiring public companies headquartered in California to have a minimum number of women on their board violates the state’s constitution.
The law required companies to place at least one woman on their board by the end of 2019 — or face a penalty. The California legislation also required companies with five directors to have at least two women by the end of 2021, and companies with six or more directors to have at least three women by the end of the same year.
Among the reasons the judge gave for overturning the law: The state “failed to sufficiently prove that [the law’s] use of a gender-based classification was necessary to boost California’s economy, improve opportunities for women in the workplace, and protect California taxpayers, public employees, pensions, and retirees.”
“This disappointing ruling is a reminder that sometimes our legalities don’t match our realities,” said California Senate President pro Tempore Toni Atkins, who coauthored the law, in a statement. “More women on corporate boards means better decisions and businesses that outperform the competition — that’s a studied, proven fact.”
Last month, another California judge struck down the state’s 2020 law requiring companies to have a minimum number of directors from underrepresented groups. That would include people identifying as Black, African American, Hispanic, Latino, Asian, Pacific Islander, Native American, Native Hawaiian or Alaska Native, or gay, lesbian, bisexual or transgender.
When the laws, which both phased in their mandates over time, were passed, the expectation was that their effect would be felt beyond just company boards in California since so many companies headquartered there also operated in other states and internationally.
What impact the latest rulings will have is unclear since there has been a growing call among institutional shareholders and exchanges like Nasdaq to boost diversity on public boards and increase public disclosure of diversity statistics for investors. And all that comes among a broader push for corporations to treat environmental, social and governance issues as a business imperative.
“For those still afraid of women in positions of leadership, they need to work on figuring that out because the world is moving on without them,” said Atkins.
Julie Hembrock Daum, who leads the North American Board Practice of executive and board search firm Spencer Stuart, said both California laws did boost the number of women and minorities on corporate boards, particularly on boards that before were very homogenous. “Most companies decided to take action even though they knew the laws might be struck down,” Daum said.
Now without the California mandates, companies may not diversify their boards as much as they were obligated to under the struck-down laws, she said. But she expects they will continue to diversify, if not of their own accord than under pressure from institutional shareholders. “The baseline [for diversity] has moved up,” Daum said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/05/16/california-court-strikes-down-another-law-seeking-to-diversify-corporate-boards/ | 2022-05-17T01:48:44Z |
US women’s team has history of advocating for equal rights
By ANNE M. PETERSON
AP Sports Writer
The U.S. women’s national team’s efforts to secure equitable pay finally came to fruition this week when the players reached a collective bargaining agreement with U.S. Soccer that gives them the same pay as their male counterparts. The milestone wasn’t achieved just because the women filed a discrimination lawsuit in 2019, or complained to the EEOC in 2016. It was decades in the making. Past players led the charge by advocating for better pay and equitable treatment. | https://localnews8.com/sports/ap-national-sports/2022/05/21/us-womens-team-has-history-of-advocating-for-equal-rights/ | 2022-05-21T11:56:10Z |
The competition, organized by the Japan Center at Stony Brook University, recognized seven students for showcasing different aspects of Japanese culture that connects to personal experience
MELVILLE, N.Y., April 25, 2022 /PRNewswire/ -- Extending its commitment towards empowering students and supporting education, Canon U.S.A., Inc., a leader in digital imaging solutions, proudly sponsored and participated in the 17th Annual Japan Center Essay Competition Awards Program on April 23.
The essay competition, organized by the Japan Center at Stony Brook University, honored seven students for work that demonstrated their awareness and understanding of the Japanese culture. The program encourages students to think creatively and critically about their lives in relating experiences to aspects of Japanese culture to help broaden horizons and promote global citizenship through the thought-provoking essays.
Canon U.S.A., Inc. and the Japan Center at Stony Brook University have a longstanding partnership, which began in 2005 with former President and Chief Executive Officer of Canon U.S.A., Inc., the late Mr. Kinya Uchida. Contestants were asked to write about one or more aspects of Japan including art, culture, tradition, values, philosophy, history, society, politics, business, and technology in relation to their personal views, experiences, and/or future goals.
Isao "Sammy" Kobayashi, Senior Vice President and General Manager of the Hybrid‐workplaces Solutions Group, Canon U.S.A., spoke at the virtual awards ceremony and congratulated the winners. Kobayashi said working with the Japan Center helps bolster Canon's corporate philosophy of Kyosei, which means "all people, regardless of race, religion or culture, harmoniously living and working together into the future."
"It's important to support youth, education and our communities, and our continued collaboration with Stony Brook University's Japan Center helps demonstrate the benefits of local social responsibility initiatives," Kobayashi said. "The Japan Center continues to do great work, and we are very proud of all the students who wrote so passionately about their experience and understanding of Japanese culture as it relates to their personal lives."
Among the 140 essays submitted by students from high school to college undergraduates in the New York metropolitan area, seven winners were selected by a committee of judges and received awards including a Canon camera.
The winners from each division are:
High School Division Best Essay Award:
- 1st Place Best Essay Award and Consul General of Japan Special Award
- 2nd Place Best Essay Award
- 3rd Place Best Essay Award
Uchida Memorial Award
- "The Tears We Shed" by Devin Overend (Stony Brook University)
Special Award
- "Furoshiki: An Understanding of Japan, the World and Self" by Martin Kordas (Stony Brook University)
- "The Glass Half Full: A Story of Perseverance" by Ashlin Benny (New Hyde Park Memorial High School)
- "The Magic of Yokai" by Nolan Jin (Paul J. Gelinas Junior High School)
"We are pleased to continue our collaboration with Canon U.S.A. and are thankful for the support in promoting education and research in the study of Japanese culture," said Dr. Iwao Ojima, the President of Japan Center at Stony Brook University. "The essay competition provides a means to promote education and research and develop a better understanding of cultural activities related to Japan. Canon's support in sponsoring this competition is always appreciated. We congratulate the winners of this year's essay competition for their great work."
The first Japan Center Essay Competition, organized by Stony Brook University in New York and supported by Canon U.S.A., was held during the 2005-2006 school year. Since its inaugural year, there have been 3,358 submissions from more than 250 schools.
Each of the winning essays can be found on the Japan Center's website
About Canon U.S.A., Inc.
Canon U.S.A., Inc., is a leading provider of consumer, business-to-business, and industrial digital imaging solutions to the United States and to Latin America and the Caribbean markets. With approximately $30.6 billion in global revenue, its parent company, Canon Inc. (NYSE: CAJ), as of 2021 has ranked in the top-five overall in U.S. patents granted for 36 consecutive years† and was one of Fortune Magazine's World's Most Admired Companies in 2022. Canon U.S.A. was featured in Newsweek's Most Loved Workplaces list for 2021, ranking among the top 100 companies for employee happiness and satisfaction at work. Canon U.S.A. is dedicated to its Kyosei philosophy of social and environmental responsibility. To keep apprised of the latest news from Canon U.S.A., sign up for the Company's RSS news feed by visiting www.usa.canon.com/rss and follow us on Twitter @CanonUSA.
† Number of patents for 2021 are based on figures released by IFI CLAIMS Patent Services. Figures for 2005 to 2020 are based on information issued by the United States Patent and Trademark Office.
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SOURCE Canon U.S.A., Inc. | https://www.mysuncoast.com/prnewswire/2022/04/25/canon-usa-continues-support-annual-japan-center-essay-competition-awards-program/ | 2022-04-25T16:33:24Z |
The nonprofit digital media company is funneling its trained Fellowship participants into full-time production roles.
NEW YORK, April 29, 2022 /PRNewswire/ -- Second Chance Studios (SCS), a nonprofit digital media company that trains and employs formerly incarcerated individuals, today announced the completion of its first-ever Digital Media Fellowship Program and partnership with MTV Entertainment Group to facilitate second chance hiring. MTV Entertainment will welcome three graduates from SCS' six-month fellowship program to their teams in May.
After successfully hosting their initial Fellowship, Second Chance Studios – the first-of-its-kind venture in the U.S. – aims to become the preeminent digital media training ground for formerly incarcerated individuals. Partners like MTV Entertainment Group are essential to SCS' model built on three pillars: experiential learning, curated mentorship, and job placement. In the program Fellows participated in learning sessions targeting life, soft, professional, and technical skills and applied them by creating video and audio content for their own projects and clients. They are eager to build on their skills and tell stories that inspire at MTV Entertainment.
To celebrate the culmination of its pilot, SCS will host its inaugural graduation fundraiser on Saturday, April 30th. Tickets are available and funds will go towards growing the program.
"The goal of this unique fellowship is to restore dignity and economic empowerment to the talented people we train at Second Chance Studios. We're excited to be delivering on that goal today," said Lajuanda M. Asemota, SCS CEO & Cofounder. "Our Fellows are eager to change their lives and shape the stories of our time. With this partnership, MTV Entertainment Group has shown there are media companies ready to stand for diversity, equity, and inclusion and open doors for second chances."
"We are thrilled to work together with Second Chance Studios to use our platform to enable their graduates as they begin a new professional journey within the Marketing Department at MTV Entertainment Group," said Amy Campbell, Marketing EVP at MTV Entertainment Group.
Second Chance Studios and MTV Entertainment Group are united in efforts to promote authentic storytelling and lift up marginalized voices at the highest level in media. After a wave of commitments from major media companies in the wake of outcries for racial justice in 2020, MTV Entertainment Group is taking concrete strides to diversify its teams while reaching an untapped talent pool. Second Chance Studios will continue to build on their program to ensure more system-impacted people can break into the industry.
For more information on how you can support SCS, please visit secondchancestudios.org.
Second Chance Studios is a nonprofit digital media company that trains and employs formerly incarcerated individuals. The program is built on three pillars: experiential learning, mentorship, and job placement, and the studio provides services for original content creation, video production, podcast recording, and digital advertising. The organization leverages the explosive growth in the new media industry to bring economic empowerment to returning citizens, their families, and communities. For more information about Second Chance Studios, please visit secondchancestudios.org.
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SOURCE Second Chance Studios | https://www.kxii.com/prnewswire/2022/04/30/second-chance-studios-graduates-first-class-formerly-incarcerated-fellows-partnering-with-mtv-entertainment-group-launch-media-careers/ | 2022-05-01T05:53:47Z |
TUCSON, Ariz., July 25, 2022 /PRNewswire/ -- Accelerate Diagnostics, Inc. (NASDAQ: AXDX) announced today that management will host a conference call on Monday, August 15, 2022, at 4:30 p.m. Eastern Time to review 2022 second quarter results.
To listen to the audio webcast online, visit ir.axdx.com. A replay of the audio webcast will be available until November 15, 2022.
To listen by phone, dial +1.877.883.0383 and enter the Elite Entry Number: 8181593. International participants may dial +1.412.902.6506. Please dial in 10-15 minutes prior to the start of the conference.
A replay of the call will be available by telephone at +1.877.344.7529 (U.S.) or +1.412.317.0088 (International) using the replay code 5773022 until September 6, 2022.
Accelerate Diagnostics, Inc. is an in vitro diagnostics company dedicated to providing solutions for the global challenges of antimicrobial resistance and sepsis. The Accelerate Pheno® system and Accelerate Arc™ system are designed to reduce the time clinicians must wait to determine the most optimal antibiotic therapy for bacteremic patients. These diagnostic systems are designed to serve clinical laboratories with automated solutions to expedite time to identification and antimicrobial susceptibility test (AST) results directly from positive blood culture samples. Multiple external studies have proven that Accelerate solutions deliver results 1 to 2 days faster than existing methods, enabling clinicians to optimize antibiotic selection and dosage specific to the individual patient's infection, days earlier.
The "ACCELERATE DIAGNOSTICS" and "ACCELERATE PHENO" and "ACCELERATE PHENOTEST" and "ACCELERATE ARC" and diamond shaped logos and marks are trademarks or registered trademarks of Accelerate Diagnostics, Inc.
For more information about the company, its products and technology, or recent publications, visit axdx.com.
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SOURCE Accelerate Diagnostics, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/25/accelerate-diagnostics-scheduled-call-review-2022-second-quarter-results/ | 2022-07-25T14:09:24Z |
Includes more than 1,400 Rare and Historic Factice Fragrance Bottles from CHANEL, Dior, Guerlain, Caron, Estée Lauder, and others
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Collector Sudhir Gupta (India) has achieved the GUINNESS WORLD RECORDS title for the largest collection of factices. The collection of oversized display bottles features more than 1,400 fragrance bottles valued up to $100,000 from world-renowned fragrance houses including Hermès, Nina Ricci, Donna Karan, Calvin Klein, Ralph Lauren, Gucci and others.
Gupta recently celebrated this honor with a reception at Bergdorf Goodman's BG Restaurant, where he was joined by Miss Universe Harnaaz Sandhu and Michael Empric, an official GUINNESS WORLD RECORDS adjudicator. Ms. Sandhu and Mr. Gupta are from the same hometown, Chandigarh, India. The restaurant was elaborately decorated by Mercedes Acosta, creative director of Facticerie: The Factice Collection, with thousands of flowers serving as the backdrop to display over 350 factices. Ms. Acosta developed her unique talent for floral arranging while working on the Met Gala.
Gupta has spent 30 years in the fragrance business collecting these exquisite replicas of iconic fragrance bottles. Throughout the 21st century, artisans of fragrance houses mostly based in France, created these oversized display bottles for use at department store beauty counters, fragrance shops and pharmacies around the world.
The collection features a 1920s Caron urn, "Les Fontaines Baccarat," from the estate of Madame Alexander, created by Baccarat, estimated to be worth $100,000. Others include a PARERA Tentacion factice from 1927. One of only two in the world, the other is on display at the Museu del Perfum in Barcelona. The oldest factice in the collection is a one-of-a-kind 1920's bottle for Gardenia by Richard Hudnut (1855-1928), known as "the first American perfumer."
Gupta came to the U.S. from India in 1992 to pursue his Master's Degree in Engineering and discovered his first factice, L'Air du Temps by Nina Ricci, while working at a perfume shop on Canal Street. At a price tag of $2,000, Gupta saved his weekly $200 paychecks to ultimately acquire the piece which is now the cornerstone of this world-renowned collection.
The collection is currently on view at Facticerie: The Factice Collection, located at 70 1st Street, Hackensack, NJ 07601. The exhibition space was uniquely designed for the collection using remnants from the interior of Lascoff Drugs, an Upper East Side institution that closed in 2012 after 113 years in business.
For more information or to book an appointment, please visit Facticerie.com or contact infor@facticerie.com.
For PR inquiries, contact R. Couri Hay or Sarah Gartner at R. Couri Hay Creative PR
T: (212) 580-0835 E: Couri@rcourihaycpr.com | Sarah@rcourihaycpr.com
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SOURCE GUINNESS WORLD RECORDS™ | https://www.wibw.com/prnewswire/2022/09/12/guinness-world-records-recognizes-sudhir-gupta-record-holder-largest-factice-collection/ | 2022-09-12T15:45:14Z |
CANTON, Ohio (AP) — The Las Vegas Raiders gave coach Josh McDaniels a successful homecoming in his debut on their sideline.
Josh Jacobs, rookie Zamir White and Austin Walter ran well on a rain-soaked field and the Raiders routed Jacksonville 27-11 in the Hall of Fame game Thursday night, spoiling coach Doug Pederson’s first game with the Jaguars.
McDaniels grew up in this historic football town and played for his father, Thom McDaniels, at Canton McKinley High School on this field at Tom Benson Hall of Fame Stadium, known as Fawcett Stadium during his time as varsity quarterback and kicker.
“It was a unique opportunity, very grateful that I had it,” McDaniels said. “It’s the first time I’ve been to this Hall of Fame game it in 22 years. To have an opportunity to do that with him here, my family and people who helped me along the way, it was a special night for them. I really savored it.”
Derek Carr and Davante Adams warmed up but they didn’t get a chance to play their first game together since Fresno State. Carr, the three-time Pro Bowl quarterback, and Adams, the All-Pro receiver acquired in blockbuster trade with Green Bay, were among many starters who sat out for both teams.
Jacksonville’s Trevor Lawrence wore a backward cap on the sideline while third-string quarterback Jake Luton started.
The NFL’s first preseason game began 40 minutes late due to severe weather that forced fans to seek shelter.
As expected, things got sloppy after the opening kickoff.
Top pick Travon Walker committed a roughing-the-passer penalty on Raiders backup QB Jarrett Stidham on the first play from scrimmage. Walker later registered a sack.
The highlight of the game didn’t count. Jacksonville’s Willie Johnson returned a punt 88 yards for a score on the final play of the third quarter but it was nullified by a holding penalty.
The 46-year-old McDaniels begins his second stint as an NFL head coach after winning six Super Bowls as an assistant under Bill Belichick with the New England Patriots. McDaniels was 11-17 with Denver in 2009-10.
Pederson also begins his second turn as an NFL head coach after sitting out 2021. He guided the Philadelphia Eagles to the franchise’s first Super Bowl victory and three playoff appearances in five seasons from 2016-20.
Pederson has already changed the culture in Jacksonville following a disastrous 2021 season under Urban Meyer, who lasted only 11 months.
He’s tasked with trying to turn one of the league’s worst organizations into a winner. The Jaguars have had one winning season in the last 14 years.
“You want a place where everybody enjoys coming to work and they enjoy the environment, the people, understanding we’re going to put in the hard work,” Pederson said. “You can’t substitute for hard work and preparation as you strive for a championship and these guys have bought in.”
Daniel Carlson connected on field goals of 32 and 55 yards to give the Raiders a 6-0 lead in the first quarter. Ameer Abdullah scored on an 8-yard run in the second quarter and Stidham scrambled 12 yards for a touchdown to make it 20-0 late in the first half.
Down 27-3, the Jaguars found the end zone when Kyle Sloter tossed a 5-yard TD pass to Nathan Cottrell late in the fourth quarter. Cottrell ran up the middle for the 2-point conversion.
WHACKED
Stidham withstood a late hit from Walker and connected with Keelan Cole for 31 yards on the opening play. He was 8 of 15 for 96 yards.
WORKLOAD
White, the team’s fourth-round pick, had 52 yards on 11 carries, including a 14-yard run on his first touch. Jacobs ran for 30 yards on five carries. Walter had 49 yards on eight carries and an 8-yard TD.
WARM WELCOME
Tony Boselli, the first pick in Jaguars history and the franchise’s first Hall of Fame selection, received a loud ovation when he was introduced with the Class of 2022 inductees. Boselli was a five-time Pro Bowl selection and three-time All-Pro left tackle in seven seasons in Jacksonville before injuries ended his career.
HONORING BRANCH
Long-time Raiders wide receiver Cliff Branch, who will be inducted into the Hall of Fame posthumously, was represented in pre-game introductions by his sister, Elaine Anderson. Branch was a three-time All-Pro and four-time Pro Bowl pick in a 14-year NFL career, all spent with the Raiders in Oakland and Los Angeles.
REVENGE TOUR
Former Raiders defensive end Arden Key got two sacks in his first game for Jacksonville. Key had three sacks in three seasons with the Raiders.
NEXT UP
Jacksonville hosts Cleveland next Friday night.
Las Vegas hosts Minnesota on Aug. 14.
___
More AP NFL coverage: https://apnews.com/hub/NFL and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/raiders-give-mcdaniels-happy-homecoming-beat-jaguars-27-11/ | 2022-08-05T13:21:02Z |
Swedes Henrik and Daniel Sedin and Daniel Alfredsson have been elected to the Hockey Hall of Fame.
Goaltender Roberto Luongo, Finnish women’s star Riikka Sallinen and builder Herb Carnegie were also selected Monday to be inducted in November.
The Sedins and Luongo are being inducted in their first year of eligibility. Alfredsson made it in his sixth year.
Alexander Mogilny and Jen Botterill were passed over for another year.
Alfredsson won the Calder Trophy as NHL rookie of the year and was the face of the franchise for the Ottawa Senators for almost two decades. He helped them reach the Stanley Cup Final in 2007 and spent 17 years of his 18-year career in Ottawa.
Each of the Sedins won the Art Ross Trophy for leading the NHL in scoring, and Henrik won the Hart Trophy as MVP in 2010. Luongo is fourth in league history in victories.
Sallinen starred for Finland through bronze medals at the 1998 and 2008 Olympics and was part of several world championship teams in between.
___
Follow AP Hockey Writer Stephen Whyno on Twitter at https://twitter.com/SWhyno
___
More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/swede-day-alfredsson-sedins-elected-to-hall-of-fame/ | 2022-06-28T08:32:59Z |
National Franchise Brand Hosts Nearly 25,000 Parties in May 2022
DALLAS, June 7, 2022 /PRNewswire/ -- Urban Air Adventure Park, the largest indoor adventure park operator in the world and part of the youth enrichment growth-focused platform Unleashed Brands, is experiencing a record-high number of birthday parties booked across the brand's 150+ locations. The numbers surpass the brand's events hosted prior to the COVID-19 pandemic.
In May 2019, the average Urban Air park hosted 62 birthday parties. That number doubled in May 2021 and has since increased nearly 10 percent with 155 hosted parties per park on average in May 2022. The consistent increase in demand for birthday parties indicates that parties are back in full swing. In a post-COVID world, the need for socialization and interaction of children is more important than ever, and the interactive and engaging environment at Urban Air is drawing in families.
"It's really exciting to see our brand excelling in terms of numbers and events being hosted across the country to help get kids back to a sense of normalcy," said Jay Thomas, CEO & Brand President for Urban Air. "Our franchisees are experiencing record birthday party revenue, which is an important part of our business model."
Urban Air is the largest indoor adventure park operator in the world with features such as intense ropes courses, Urban Air's Sky Rider Indoor Coaster, Battle Beams, wall-to-wall trampolines, dodgeball courts, electric Go-Karting, obstacle courses and more. Their innovative birthday parties offer a stress-free and simple planning procedure that allows parents to relax and enjoy the party too. Consumers can pick between different themes, attractions, and details during the booking process which can be done online. This creates unique birthday parties that cater to the child's interests.
About Urban Air Adventure Park
Urban Air Adventure Park is the Nation's #1 destination for family fun, featuring a variety of attractions perfect for all ages. The award-winning national franchise brand is the largest adventure park operator in the world with more than 156 locations open and 130+ in development. Urban Air, founded in 2011, was in search of a higher purpose to help kids have fun while achieving activity goals that enhance their social and physical skills. For more information visit www.UrbanAir.com.
Media Contact: Alivia Beck, Fishman Public Relations, abeck@fishmanpr.com or (847) 945-1300
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SOURCE Urban Air Adventure Park | https://www.mysuncoast.com/prnewswire/2022/06/07/urban-air-adventure-park-sees-record-high-numbers-birthday-party-bookings/ | 2022-06-07T20:55:07Z |
Afternoon storms making a come back
Wind shift brings some changes again
SARASOTA, Fla. (WWSB) - Look for a return to mainly late afternoon storms building inland along the sea breeze and pushing back toward the beaches late in the day. This is our typical summer pattern. We will see a good chance for those late afternoon and early evening storms continuing through the rest of the week into the weekend.
The rain chances each afternoon will be at 50% or even a little higher for inland areas. Some of the rain will be heavy at times with more dangerous lightning developing with these storms. So remember if you hear the thunder roar go indoors. With summer in full swing expect to see high temperatures near 90 at the coast and mid 90s well inland. The heat indices will be ranging from 100-105 by mid afternoon.
Next week we will continue to see late afternoon and early evening storms firing up each day with lots of sunshine during the much of the morning with only a slight chance for a passing shower as the sea breeze moves inland during the late morning and early afternoon.
In the tropics we continue to monitor an area off the coast of LA to the Florida Panhandle. Conditions are not favorable for development at this time and the chances for development have come down. This system will bring some heavy rainfall across parts of the lower MS Valley over to the SE U.S. through Saturday.
Elsewhere things are very quiet right now across the rest of the Atlantic basin due to sinking air and SAL or Saharan Air Layer of African dust moving through the Atlantic.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/12/afternoon-storms-making-come-back/ | 2022-07-13T01:22:18Z |
MCKINNEY, Texas, June 20, 2022 /PRNewswire/ -- Globe Life Liberty National Division raised $66,036 as part of their inaugural Make Tomorrow Better Award competition, with all proceeds going to Lend a Hand Bahamas. The competition, which ran throughout May 2022, challenged Liberty National Division Agency Owners to drive donations, culminating in the final amount being presented on June 3 at the Company's annual Convention in Nassau, Bahamas.
This year's competition was won by the Angela Hanson Agencies of Alabama and Georgia, which raised $12,145.
"I'm proud to be a part of an organization that always challenges us to make a positive impact," Hanson said. "I had full faith my team would step up because I see every day just how committed they are."
This first-ever Make Tomorrow Better Award donation will support Lend a Hand Bahamas' service programs, as well as a 4,800-square-foot community center that will feature a STEM Lab, Computer Room, Reading Room, Recording Studio, and Culinary Training Kitchen.
"We honor and thank Globe Life Liberty National Division for their generosity," said Shelagh Farrington-Pritchard, Volunteer Treasurer and Director, Lend a Hand Bahamas. "Their amazing donation will help us with our community center in Nassau, send kids to camp, and equip students with school supplies. Together we will continue to dream big, bigger and better."
Lend a Hand Bahamas works to nurture and implement community development efforts focused on sustainability and resiliency in Bahamian communities through enhanced collaboration with local, national, and global nonprofits, corporations, foundations, and individuals.
"We recognize the invaluable impact Lend a Hand Bahamas makes on the community and are grateful to have partnered with them to help Make Tomorrow Better for so many," said Steve DiChiaro, Liberty National Division CEO.
Globe Life strives to Make Tomorrow Better in the places we live, work, and visit. We make a promise to leave each place better than when we arrived.
About Globe Life:
Globe Life (NYSE: GL) is headquartered in McKinney, TX and has more than 11,000 insurance agents and 3,000 corporate employees. With a mission to Make Tomorrow Better, Globe Life is the top volume issuer of ordinary individual life insurance policies in the U.S. (as reported by S&P Global Market Intelligence) and has more life insurance policyholders than any other insurance company. Globe Life's insurance subsidiaries include American Income Life, Family Heritage Life, Globe Life And Accident Company, Liberty National Life, and United American. More information is available at GlobeLifeInsurance.com.
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SOURCE Globe Life -Liberty National Division | https://www.wibw.com/prnewswire/2022/06/20/globe-life-helps-make-tomorrow-better-lend-hand-bahamas/ | 2022-06-20T22:17:13Z |
Partnerships with NorthStar Medical Radioisotopoes, Niowave, and TerraPower to Support Advancement of Targeted Alpha Radiopharmaceutical Pipeline to Treat a Broad Range of Solid Tumors
CAMBRIDGE, Mass., Aug. 23, 2022 /PRNewswire/ -- Aktis Oncology, a biotechnology company discovering and developing novel classes of targeted alpha radiopharmaceuticals to treat a broad range of solid tumors, today announced agreements with three leading medical radioisotope manufacturers NorthStar Medical Radioisotopes LLC, Niowave, Inc, and TerraPower LLC, for preclinical, clinical, and commercial supply of Actinium-225.
"Given the breadth and depth of our emerging pipeline, securing robust isotope supply across all stages of development is critical. Each of our three partners are leaders in the field of nuclear innovation with strong reputations for production, operational experience, and technical capabilities," said Matthew Roden, PhD, President and Chief Executive Officer of Aktis Oncology. "We believe these foundational relationships with such high-quality suppliers will ensure timely and efficient progression of our programs and ultimately, enable patient access to potentially life-saving therapies."
The three agreements provide Aktis with a portfolio of suppliers that utilize varied techniques to produce high quality Actinium-225, and enhance the Company's ability to ensure just-in-time delivery of finished targeted radioconjugates to healthcare providers for administration to patients. NorthStar's approach to Actinium-225 production is to utilize non-uranium, electron accelerator-based production methods; Niowave builds and operates superconducting electron accelerators to produce Ac-225 and other radioisotopes, whereas TerraPower uses a Thorium-229 generator. These agreements are a part of broader ongoing efforts to build and enhance Aktis's supply access, radiomanufacturing and distribution capabilities.
Aktis Oncology is creating precision targeting molecules to deliver Actinium-225 directly to cancer cells, thereby harnessing alpha radiation to treat commonly occurring cancers with limited treatment options, including breast, lung and colorectal cancers, and to improve standards of cancer care. Actinium-225's powerful alpha particle emissions potently kill cancer cells by inducing double strand DNA breaks to overcome acquired resistance to traditional chemotherapy, and potentially outperform the new generation antibody drug conjugates.
About Aktis Oncology
Aktis Oncology is a biotechnology company pioneering the discovery and development of a new class of targeted alpha radiopharmaceuticals to treat a broad range of solid tumor cancers. Founded and incubated by MPM Capital, the company has developed proprietary platforms to generate tumor targeting agents with ideal properties for alpha radiotherapy. Designed for high tumor penetration and long residence time, Aktis Oncology's molecules will quickly clear other areas of the body, thereby maximizing tumor elimination while minimizing side effects of treatment. This approach would enable clinicians to visualize and verify target engagement prior to exposure to therapeutic radioisotopes. To learn more about Aktis Oncology, visit www.aktisoncology.com.
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SOURCE Aktis Oncology | https://www.mysuncoast.com/prnewswire/2022/08/23/aktis-oncology-announces-actinium-225-supply-agreements-with-leading-isotope-producers/ | 2022-08-23T11:34:50Z |
Family of murdered Marshall County man remembers him as kind, generous
MADILL, Okla. (KXII) - A man was arrested in Denton County on Monday, accused of murdering a 71-year-old Marshall County man who’s body was found on Thursday.
David Adam Latham is accused of the 1st degree murder of David Easley. Latham’s fiancé Julie Kawazoe was also arrested- she’s been charged with credit card fraud.
The arrest comes less than 3 days after Easley was found dead in a cellar on his ranch just outside of Madill.
News 12 spoke with Easley’s wife Mary, who said the whole family is devastated.
Mary said she knew something was wrong on Thursday afternoon when she called Easley several times, but he didn’t pick up.
She drove to the ranch, where she said she found the lights on, and guns that David was meticulous about keeping locked up were out on the table, along with supplies to clean them.
After looking around and not finding him, Mary called 911. She said police came and found her husband’s body.
She said she’s shocked - the whole family has no idea why this would happen.
David’s debit card, and truck were missing, but family doesn’t believe it was about money - they said the guns would be gone if that were the case.
David’s dog Paco was also missing- a dog that went everywhere with David, according to Mary.
She said they loved to eat spaghetti and watch westerns together.
The press release said Paco was found when Latham and Kawazoe were arrested.
Mary told me Latham was her husband’s nephew.
Family members described David as neighborly and warm to everyone, the kind of guy who would give the shirt off his back.
Mary said he always had a story to tell, and loved playing golf at Buncombe Creek.
They had just celebrated 10 years of marriage in June.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/07/25/family-murdered-marshall-county-man-remembers-him-kind-generous/ | 2022-07-25T23:40:17Z |
Latest HPSI Reading Shows Consumers Increasingly Concerned by Both Homebuying and Home-Selling Conditions
WASHINGTON, Aug. 8, 2022 /PRNewswire/ -- The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index® (HPSI) decreased 2.0 points in July to 62.8, its lowest level since 2011 and well below the all-time high set in 2019. Surveyed consumers continue to express pessimism about homebuying conditions, with only 17% of respondents reporting it's a good time to buy a home. Meanwhile, the percentage of consumers believing it's a good time to sell has begun ticking downward in recent months, falling from 76% in May to 67% in July. Overall, four of the index's six components decreased month over month, including the component associated with home price growth expectations, which has fallen meaningfully over the past few months but remains positive on net. Year over year, the full index is down 13.0 points.
"The HPSI has declined steadily for much of the year, as higher mortgage rates continue to take a toll on housing affordability," said Doug Duncan, Fannie Mae Senior Vice President and Chief Economist. "Unfavorable mortgage rates have been increasingly cited by consumers as a top reason behind the growing perception that it's a bad time to buy, as well as sell, a home. Additionally, consumers appear to be indicating that selling conditions are softening, as the 'Good Time to Sell' component has declined meaningfully over the past two months, and, on net, fewer consumers expect home prices to go up. With home price growth slowing, and projected to slow further, we believe consumer reaction to current housing conditions is likely to be increasingly mixed: Some homeowners may opt to list their homes sooner to take advantage of perceived high prices, while some potential homebuyers may choose to postpone their purchase decision believing that home prices may drop. Overall, this month's HPSI results appear to confirm our forecast for moderating home sales over the coming year."
Home Purchase Sentiment Index – Component Highlights
Fannie Mae's Home Purchase Sentiment Index (HPSI) decreased in July by 2.0 points to 62.8. The HPSI is down 13.0 points compared to the same time last year. Read the full research report for additional information.
- Good/Bad Time to Buy: The percentage of respondents who say it is a good time to buy a home decreased from 20% to 17%, while the percentage who say it is a bad time to buy increased from 75% to 76%. As a result, the net share of those who say it is a good time to buy decreased 4 percentage points month over month.
- Good/Bad Time to Sell: The percentage of respondents who say it is a good time to sell a home decreased from 68% to 67%, while the percentage who say it's a bad time to sell increased from 26% to 27%. As a result, the net share of those who say it is a good time to sell decreased 2 percentage points month over month.
- Home Price Expectations: The percentage of respondents who say home prices will go up in the next 12 months decreased from 44% to 39%, while the percentage who say home prices will go down increased from 27% to 30%. The share who think home prices will stay the same increased from 23% to 26%. As a result, the net share of Americans who say home prices will go up decreased 8 percentage points month over month.
- Mortgage Rate Expectations: The percentage of respondents who say mortgage rates will go down in the next 12 months increased from 5% to 6%, while the percentage who expect mortgage rates to go up remained unchanged at 67%. The share who think mortgage rates will stay the same remained unchanged at 21%. As a result, the net share of Americans who say mortgage rates will go down over the next 12 months increased 1 percentage point month over month.
- Job Loss Concern: The percentage of respondents who say they are not concerned about losing their job in the next 12 months remained unchanged at 78%, while the percentage who say they are concerned increased from 21% to 22%. As a result, the net share of Americans who say they are not concerned about losing their job decreased 1 percentage point month over month.
- Household Income: The percentage of respondents who say their household income is significantly higher than it was 12 months ago decreased from 25% to 24%, while the percentage who say their household income is significantly lower decreased from 16% to 13%. The percentage who say their household income is about the same increased from 58% to 61%. As a result, the net share of those who say their household income is significantly higher than it was 12 months ago increased 2 percentage points month over month.
About Fannie Mae's Home Purchase Sentiment Index
The Home Purchase Sentiment Index® (HPSI) distills information about consumers' home purchase sentiment from Fannie Mae's National Housing Survey® (NHS) into a single number. The HPSI reflects consumers' current views and forward-looking expectations of housing market conditions and complements existing data sources to inform housing-related analysis and decision making. The HPSI is constructed from answers to six NHS questions that solicit consumers' evaluations of housing market conditions and address topics that are related to their home purchase decisions. The questions ask consumers whether they think that it is a good or bad time to buy or to sell a house, what direction they expect home prices and mortgage interest rates to move, how concerned they are about losing their jobs, and whether their incomes are higher than they were a year earlier.
About Fannie Mae's National Housing Survey
The most detailed consumer attitudinal survey of its kind, Fannie Mae's National Housing Survey (NHS) polled approximately 1,000 respondents via live telephone interview to assess their attitudes toward owning and renting a home, home and rental price changes, homeownership distress, the economy, household finances, and overall consumer confidence. Homeowners and renters are asked more than 100 questions used to track attitudinal shifts, six of which are used to construct the HPSI (findings are compared with the same survey conducted monthly beginning June 2010). For more information, please see the Technical Notes. Fannie Mae conducts this survey and shares monthly and quarterly results so that we may help industry partners and market participants target our collective efforts to support the housing market. The July 2022 National Housing Survey was conducted between July 1, 2022 and July 21, 2022. Most of the data collection occurred during the first two weeks of this period. Interviews were conducted by ReconMR on behalf of PSB Insights and in coordination with Fannie Mae.
Detailed HPSI & NHS Findings
For detailed findings from the Home Purchase Sentiment Index and National Housing Survey, as well as a brief HPSI overview and detailed white paper, technical notes on the NHS methodology, and questions asked of respondents associated with each monthly indicator, please visit the Surveys page on fanniemae.com. Also available on the site are in-depth special topic studies, which provide a detailed assessment of combined data results from three monthly studies of NHS results.
To receive e-mail updates with other housing market research from Fannie Mae's Economic & Strategic Research Group, please click here.
About Fannie Mae
Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible. To learn more, visit:
fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog
Fannie Mae Newsroom
https://www.fanniemae.com/news
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Fannie Mae Resource Center
1-800-2FANNIE
Opinions, analyses, estimates, forecasts, and other views of Fannie Mae's Economic & Strategic Research (ESR) Group or survey respondents included in these materials should not be construed as indicating Fannie Mae's business prospects or expected results, are based on a number of assumptions, and are subject to change without notice. How this information affects Fannie Mae will depend on many factors. Although the ESR Group bases its opinions, analyses, estimates, forecasts, and other views on information it considers reliable, it does not guarantee that the information provided in these materials is accurate, current, or suitable for any particular purpose. Changes in the assumptions or the information underlying these views could produce materially different results. The analyses, opinions, estimates, forecasts, and other views published by the ESR Group represent the views of that group or survey respondents as of the date indicated and do not necessarily represent the views of Fannie Mae or its management.
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SOURCE Fannie Mae | https://www.wibw.com/prnewswire/2022/08/08/consumer-sentiment-toward-housing-lowest-level-decade/ | 2022-08-08T13:49:28Z |
Membership in SAP's PartnerEdge Program Increases Customer Reach to Accelerate Deployment of Inpixon's Solutions
PALO ALTO, Calif., June 13, 2022 /PRNewswire/ -- Inpixon® (Nasdaq: INPX), the Indoor Intelligence® company, today announced that INTRANAV, an Inpixon company, joined SAP's partner program as an SAP® PartnerEdge® – Build member. SAP is a market leader in enterprise application software.
The SAP partner program allows INTRANAV to share its extensive intellectual property portfolio and to market its smart factory, smart warehouse, and digital supply chain solutions to SAP's 440,000 customers worldwide. Program membership, among other benefits, allows Inpixon to offer its solutions through the SAP Store.
Andreas Radix, EVP, IIoT at Inpixon, commented, "Companies can benefit from location-based automation of system bookings, control and acceleration of warehouse processes from inbound to outbound, synchronization of production cycles, and control of transport conditions and shipments for resilient supply chain management, as well as target-performance comparison of lead times. Together with our enterprise hybrid-cloud integrations for Microsoft Azure and Amazon Web Services, we deliver real-time location system (RTLS) cloud solutions to our customers to fulfill their requirements for a strategic RTLS framework that optimizes industrial enterprise business processes for Industry 4.0."
Inpixon® (Nasdaq: INPX) is the innovator of Indoor Intelligence®, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company's Indoor Intelligence and mobile app solutions are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. Inpixon customers can take advantage of industry leading location awareness, RTLS, workplace and hybrid event solutions, analytics, sensor fusion, IIoT and the IoT to create exceptional experiences and to do good with indoor data. For the latest insights, follow Inpixon on LinkedIn, Twitter, and visit inpixon.com.
All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of economic conditions, the impact of COVID-19, global conflicts, inflation and other global events on Inpixon's results of operations and global supply chain constraints, Inpixon's ability to integrate the products and business from recent acquisitions into its existing business, the performance of management and employees, the regulatory landscape as it relates to privacy regulations and their applicability to Inpixon's technology, Inpixon's ability to maintain compliance with Nasdaq's minimum bid price requirement and other continued listing requirements, the ability to obtain financing if needed, competition, general economic conditions and other factors that are detailed in Inpixon's periodic and current reports available for review at sec.gov. Furthermore, Inpixon operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.
General inquiries:
Inpixon Email: marketing@inpixon.com
Web: inpixon.com/contact-us
Media relations:
Offleash PR for Inpixon
Email: inpixon@offleashpr.com
Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com
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SOURCE Inpixon | https://www.mysuncoast.com/prnewswire/2022/06/13/inpixon-joins-sap-partner-program-offering-location-intelligence-advanced-rtls-enabled-industrial-automation/ | 2022-06-13T14:37:35Z |
The city of Denison is considering raising water costs- who will be affected the most?
DENISON, Texas (KXII) - Keeping plants beautiful and healthy require a lot of maintenance and can get pretty pricey.
Just how pricey?
Vice President of Twin Oaks Nursery, Bryan Graham said the nursery’s water bill is already, “probably in that 3- 4,000 dollar a month range.”
That number may increase soon, as the city of Denison is considering raising water and sewage costs.
Which is an issue that is more likely to impact businesses rather than your neighbor with the green yard.
Graham said, “From our understanding, commercial people will probably pay more or pay the brunt of the increase, compared to residential customers.”
Because there has been very little rainfall, Graham said they are relying on city water.
He said, “I think we had 64, 65 days here at the nursery where we didn’t have a drop of rain, so all of that needs to be made up through rainfall or through man made watering.”
Because of the expected growth, there will be more residents using water, doing things like washing dishes - taking showers, and that all puts a strain on the city.
To that, Graham expressed, “Denison may be at that point where they’re expecting more growth so they want to raise that cubic foot of water capability so that they have that capability making sure they have that for the future.”
Denison city council will make its final decision on whether to raise water costs Tuesday, September 6th.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/30/city-denison-is-considering-raising-water-costs-who-will-be-affected-most/ | 2022-08-30T04:48:38Z |
NORTHBROOK, Ill., Aug. 4, 2022 /PRNewswire/ -- Hilco Corporate Finance (HCF), a boutique investment bank, is accelerating its growth by re-imagining corporate finance advisory for the middle market. Over the past 12 months, HCF has doubled its size and expanded its geographic presence – first with the opening of a New York City office to complement its Chicago-area team. And, more recently, it has added to its rapidly growing special situations and restructuring practice by adding Teri Stratton, a nationally prominent special situations banker in Los Angeles.
With a seasoned team of professionals, HCF provides advisory services to its middle market clients, including small and medium cap public companies, private equity groups, family offices, and entrepreneurs. Over the last twelve months, HCF has redefined its strategy by hiring key industry leaders and has strengthened the breadth and depth of its investment banking services to provide unique creativity to its clients' needs.
"Over the last year, we've spent considerable time expanding our business by re-imagining how capital advisory services can best be provided to middle-market clients," said Geoffrey Frankel, HCF's Chief Executive Officer and Senior Managing Director. "We are building our practice from the client's point of view – focusing on a solutions-oriented, not just transactional, approach. We are taking time to listen closely to our clients, shaping our growth to better match their needs. We are also building our investment banking business so our clients can take full advantage of Hilco Global's amazing platform."
HCF's senior professionals have successfully completed hundreds of value-maximizing transactions across a broad range of industries – particularly diversified industrials/manufacturing, automotive, aerospace, metals/mining, plastics, building products, packaging, retail/consumer, technology, business services, telecom/media, and energy. Our professionals actively maintain relationships with capital providers and counter-parties in each of these sectors.
Hilco Corporate Finance, LLC is a registered broker/dealer with the Securities and Exchange Commission and a member of FINRA (www.finra.com) and SIPC (www.sipc.org). Hilco Corporate Finance specializes in merger and acquisition advisory service, private capital markets, special situations and restructuring advisory. Hilco Corporate Finance is the investment banking affiliate of Hilco Global.
Hilco Global operates as a holding company comprised of over twenty specialized business and has almost 4 decades of successfully acting as an advisor, agent, investor and/or principal in any transaction.
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SOURCE Hilco Corporate Finance | https://www.mysuncoast.com/prnewswire/2022/08/04/hilco-corporate-finance-accelerates-growth-re-imagines-middle-market-investment-banking/ | 2022-08-04T16:34:20Z |
WATCH: 16-year-old musical prodigy graduates from college
DAVIS, Calif. (KCRA) – The University of California-Davis’ youngest graduate in the class of 2022 is a musical prodigy. Even more remarkable than her talent is her age; she earned her four-year degree at 16 years old.
Graduating college is many years in the making for most. For the graduates at UC Davis, many among the crowd beginning their post-grad lives are in their early 20s.
One graduate, however, isn’t even able to legally vote yet.
Tiara Abraham graduated with her bachelor’s degree at just 16 years old.
A budding musical prodigy since she could speak, Tiara’s STEM-field parents said their daughter took them by surprise by her tenacity for musical arts.
“She’s always shown passion for music,” Taji Abraham, Tiara’s mother, said.
Tiara was in community college at the age of 7, which is the same age her older brother started college.
Tiara was featured in a news story years ago, when she was only 10, for helping others through concert fundraising and performing at Carnegie Hall.
The teen has been aiming for her graduation day for years.
“To be able to walk on the stage, it’s really a wonderful moment,” she said.
Tiara’s father, Bijou Abraham, said he supports his children in their goals and passions.
“We make sure they have the opportunity to follow their passion, not to try to steer them towards what we think is best for them but what their passion is,” he said.
Walking across the stage with a 4.0 and 12 graduate school offers from the top music schools in America, Tiara is taking her talent to Indiana University, where she hopes one day to grace the stages of the best opera houses in the world.
“I’ve been able to overcome all that, just proving myself, that I’ve been able to just perform with great technique and here I am,” she said.
Copyright 2022 KCRA via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/06/12/watch-16-year-old-musical-prodigy-graduates-college/ | 2022-06-12T17:26:27Z |
NEW YORK, July 11, 2022 /PRNewswire/ -- Attention Verrica Pharmaceuticals, Inc. ("Verrica") (NASDAQ: VRCA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 28, 2021 and May 24, 2022.
If you suffered a loss on your investment in Verrica, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/verrica-pharmaceuticals-inc-loss-submission-form?prid=29661&wire=4
ABOUT THE ACTION: The class action against Verrica includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) there were manufacturing deficiencies at the facility where Verrica's contract manufacturer produced a bulk solution for the Company's lead product candidate, VP-102; (2) these deficiencies were not remediated when Verrica resubmitted its New Drug Application for VP-12 for molluscum; (3) the foregoing presented significant risks to Verrica obtaining regulatory approval of VP-102 for molluscum; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: August 5, 2022
Aggrieved Verrica investors only have until August 5, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.kxii.com/prnewswire/2022/07/11/class-action-alert-law-offices-vincent-wong-remind-verrica-investors-lead-plaintiff-deadline-august-5-2022/ | 2022-07-11T10:44:34Z |
DALLAS, Sept. 9, 2022 /PRNewswire/ -- Ben E. Keith Company's Hallam Family were honored at last night's 24th annual Katy 5K race as Honorary Chairs. The Katy 5K presented by Michelob Ultra, one of the best-attended running events in Dallas, takes participants through Uptown, onto the Katy Trail, and down into Reverchon Park for the Katy 5K Picnic party. The race generates crucial funds for the non-profit organization, Friends of the Katy Trail, which is responsible for maintaining and enhancing the Trail and raising the funds needed for landscape maintenance, lighting, water for people and pets, security patrols, and more through private and corporate donations. The Hallam family and the Ben E. Keith Foundation were early donors to help construct the Katy Trail, and are committed to continually supporting Friends of the Katy Trail.
Robert Hallam, Jr. said, "Our family and our company have been involved with Friends of the Katy Trail and the Katy 5K for more than 20 years and we are proud to serve as the Honorary Chairs of the 2022 Katy Trail 5K race. It has been so exciting for us to see the Katy Trail become an essential and beloved Dallas destination and the Katy 5K continues to be a can't miss event. We encourage everyone in the Dallas and surrounding communities to join us in supporting Friends of the Katy Trail, as we all benefit from their important work maintaining as well as continually enhancing the Katy Trail."
Friends of the Katy Trail Executive Director Amy Bean said, "We are grateful for the ongoing support from the Hallam Family and Ben E. Keith Company. With more than 1.5 million Trail visits a year, their generous support and donations from the community are more important than ever to keep the Katy Trail running strong."
4,000 race goers enjoyed a fun after-party with free food from over thirty local restaurants, the opportunity to visit with various sponsors and local businesses, and music by Downtown Fever.
Ben E. Keith Company, established in Fort Worth, Texas in 1906, began selling Anheuser-Busch products in 1928. Today, Ben E. Keith Company's Beverage division is the third largest independent beer wholesaler in the country. With fourteen Sales & Distribution Centers the company operates throughout the state of Texas and distributes import beers, craft beers, spirits, wine products and nonalcoholic beverages. The Food Division is the nation's fifth largest broad line foodservice distributor and operates today with nine divisions shipping to fifteen states throughout the country. For more information, please visit www.benekeith.com.
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SOURCE Ben E. Keith Beverages | https://www.wibw.com/prnewswire/2022/09/09/ben-e-keith-companys-hallam-family-honored-by-friends-katy-trail/ | 2022-09-09T20:41:05Z |
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GUELPH, Ontario, Aug. 10, 2022 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced that a wholly-owned subsidiary of its majority-owned subsidiary CSI Solar Co., Ltd. ("CSI Solar") has entered into an investment agreement (the "Agreement") with the municipal government of Haidong City in Qinghai Province. Under the Agreement, CSI Solar plans to build a facility with an annual capacity of approximately 50,000 tons of high-purity polysilicon later in 2022, as the initial project in an effort to build a solar manufacturing industrial park in Haidong. The facility is expected to commence production in mid-2024.
Subject to market conditions and approvals from its board of directors, CSI Solar may also build other manufacturing facilities, including ingots, wafers, cells, modules and other auxiliary materials, in the Haidong solar manufacturing industrial park.
Dr. Shawn Qu, Chairman and CEO of Canadian Solar, commented, "We are pleased to further increase the level of vertical integration of our manufacturing capacity by adding polysilicon production capabilities. This will help us better control costs, technology and product quality, and thereby further improve our pricing power and margins. Furthermore, approximately 90% of Qinghai's installed power capacity is clean energy. Having our solar manufacturing facilities located in Qinghai will help us meaningfully reduce the carbon footprint of our products, especially considering the high energy consumption for manufacturing polysilicon."
About Canadian Solar Inc.
Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 21 years, Canadian Solar has successfully delivered around 71 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected over 6.6 GWp in over 20 countries across the world. Currently, the Company has around 800 MWp of solar projects in operation, 5.3 GWp of projects under construction or in backlog (late-stage), and an additional 18.5 GWp of projects in pipeline (mid- to early-stage). Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.
Safe Harbor/Forward-Looking Statements
Certain statements in this press release are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "believes," "expects," "anticipates," "intends," "estimates," the negative of these terms, or other comparable terminology. Factors that could cause actual results to differ include general business, regulatory and economic conditions and the state of the solar and battery storage market and industry; geopolitical tensions and conflicts, including impasses, sanctions and export controls; volatility, uncertainty, delays and disruptions related to the COVID-19 pandemic; supply chain disruptions; governmental support for the deployment of solar power; future available supplies of high-purity silicon; demand for end-use products by consumers and inventory levels of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets, such as Japan, the U.S., China, Brazil and India; changes in effective tax rates; changes in customer order patterns; changes in product mix; changes in corporate responsibility, especially environmental, social and governance ("ESG") requirements; capacity utilization; level of competition; pricing pressure and declines in or failure to timely adjust average selling prices; delays in new product introduction; delays in utility-scale project approval process; delays in utility-scale project construction; delays in the completion of project sales; continued success in technological innovations and delivery of products with the features that customers demand; shortage in supply of materials or capacity requirements; availability of financing; exchange and inflation rate fluctuations; uncertainties related to the CSI Solar carve-out listing; litigation and other risks as described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 28, 2022. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
Canadian Solar Inc. Contacts
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SOURCE Canadian Solar Inc. | https://www.wibw.com/prnewswire/2022/08/10/canadian-solars-subsidiary-csi-solar-plans-build-approximately-50000-tons-high-purity-polysilicon-annual-capacity-qinghai-china/ | 2022-08-10T11:44:03Z |
STOCKHOLM, June 10, 2022 /PRNewswire/ -- XNK Therapeutics AB ("XNK") today announced that an abstract on the long-term follow-up of the Phase I/II clinical trial ACP-001 with its leading candidate drug was presented at European Hematology Association's hybrid conference EHA2022, which is held in Vienna, Austria, on June 9th-12th.
The abstract, titled "Autologous NK Cells as Consolidation After Front-Line Stem Cell Transplantation in Multiple Myeloma: A Long-Term Follow-Up", was presented at a poster session by Dr Johan Aschan on Friday, June 10th, 16:30 - 17:45 CEST. Co-authors include Johan Lund, Hareth Nahi, Stephan Meinke, Per-Henrik Holmqvist, Hans-Gustaf Ljunggren, Johan Aschan and Evren Alici.
Initial data from XNK's first in human trial in patients with multiple myeloma (MM) showed good safety with no serious adverse events (SAE), and the only significant treatment related adverse event (grade 2) being reactivation of varicella-zoster virus. With a substantial follow-up period, clinical long-term data including safety, second line treatment including MM efficacy and PFS2 are now presented.
"The data show that autologous NK-cell treatment in first line did not negatively impact the possibility to administer, or the outcome of, later anti-myeloma treatments. Additional data on the efficacy of the NK cell product are urgently needed to fully evaluate the risk-benefit, and a phase II trial is currently ongoing," said the lead author Dr Johan Lund.
"We are happy to present results from this long-term follow-up which confirm the safety and feasibility of autologous NK cell therapy as consolidation after front line ASCT in MM. This will be one additional building block in our clinical development of our autologous NK-cell treatment," said XNK's CMO Johan Aschan.
For more information, please contact:
Johan Liwing, CEO, XNK Therapeutics
Tel: +46 706 70 36 75
E-mail: johan.liwing@xnktherapeutics.com
About XNK Therapeutics AB
XNK Therapeutics is a clinical stage, immunotherapy company focusing its efforts on preventing and treating cancer by developing novel NK cell-based therapies. The company is at the forefront of the development of autologous NK cell-based products using its proprietary technology platform. The company's platform technology and lead investigational candidate drug was developed specifically to target cancers, including settings where allogeneic cell products are not readily applicable. The Company's objective is for its investigational candidate drug and proprietary platform technology to constitute key components in the cancer treatments of tomorrow. XNK Therapeutics is headquartered in Stockholm, Sweden. For more info, please visit www.xnktherapeutics.com.
About ACP-001
First-in-human Phase I/II clinical trial was conducted at the Hematology Center, Karolinska University Hospital, Stockholm, Sweden, in a setting of consolidation treatment following high dose autologous stem cell transplantation in patients newly diagnosed with Multiple myeloma. The clinical study was an open, single-arm, triple escalating dose/patient study with the primary objective of studying the safety and tolerability of the product. The product demonstrated a high degree of safety, and no severe adverse events (SAE) were reported. The secondary objectives included deepening in the response, i.e., further decrease in serum Ig level (M-protein) in patients who did not achieve complete remission and deepening of minimal residual disease (MRD) in patients achieving complete remission. Four out of six patients had measurable disease following autologous SCT. Out of these four patients, all showed objective measurable responses to NK cell infusion in terms of reduction in M-component and/or MRD. The explorative analysis allowed extensive characterization of infused NK cells in patients. The treatment strategy opens for the usage of autologous NK cells in clinical settings.
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SOURCE XNK Therapeutics AB | https://www.wibw.com/prnewswire/2022/06/10/positive-clinical-results-acp-001-presented-eha2022/ | 2022-06-10T15:40:44Z |
Districts across the state can now use data from the i-Ready Assessment for Reading as part of a multi-tiered system of supports for early learners
NORTH BILLERICA, Mass., Aug. 24, 2022 /PRNewswire/ -- The Kentucky Department of Education (KDE) recently named Curriculum Associates' i-Ready Assessment for Reading as an approved universal screener for early literacy. Now, districts across the state can use data from the online program as part of a multi-tiered system of supports for students in Grades K–3 as outlined by the state's Read to Succeed Act. Today, i-Ready serves more than 11 million students and approximately one-third of all students in Grades K–8 in the United States, including more than 80,000 students across Kentucky.
"Early screening is the first step to helping young learners on their path to reading success," said Rob Waldron, CEO of Curriculum Associates. "The data from our i-Ready Assessment will help Kentucky educators understand where students are in their reading and develop a reading improvement plan, if needed, to help students meet reading goals."
As part of the Read to Succeed Act, all superintendents in the state must select at least one universal reading screener to administer to all students in Grades K–3 by January 1, 2023. Superintendents can choose from the approved list of screeners, all of which underwent a rigorous review by the KDE. KDE's approval process, which is guided by the National Center on Intensive Intervention at American Institutes for Research's Screening Tools Chart Rating System and the Institute for Education Sciences, examined measures for classification accuracy, reliability, validity, and representative sample.
i-Ready makes the promise of differentiated instruction a practical reality for teachers and students. It combines powerful assessments and rich insights with effective and engaging instruction in reading and mathematics to address students' individual needs.
The program's Diagnostic provides educators with actionable criterion-referenced and normative data to deliver impactful, equitable learning experiences. Teachers administer the Diagnostic at the beginning of the school year to chart a course for their instruction and to personalize i-Ready instructional paths. A midyear and end-of-year Diagnostic help students and teachers measure growth and engage together in data chats. Teacher-led and personalized instruction continues throughout the year to help students address unfinished learning and access grade-level content.
All i-Ready district partners have ongoing access to Curriculum Associates' award-winning customer service. This includes dedicated support via the company's Customer Service team, professional development experts, account managers, sales representatives, and Technical Support team, as well as access to the free customer service portal.
To learn more about the KDE approval of i-Ready, visit https://education.ky.gov/curriculum/conpro/engla/Pages/early_literacy_screening_assessments.aspx. To learn more about i-Ready, visit CurriculumAssociates.com/i-Ready.
Founded in 1969, Curriculum Associates, LLC designs research-based print and online instructional materials, screens and assessments, and data management tools. The company's products and outstanding customer service provide teachers and administrators with the resources necessary for teaching diverse student populations and fostering learning for all students.
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SOURCE Curriculum Associates, LLC | https://www.wibw.com/prnewswire/2022/08/24/kentucky-department-education-approves-curriculum-associates-i-ready-assessment-grades-k-3-universal-screener-early-literacy/ | 2022-08-24T12:42:26Z |
RENO, Nev., Aug. 11, 2022 /PRNewswire/ -- aha!, powered by veteran ExpressJet Airlines and one of the fastest growing airlines in the Western U.S., today inaugurated new nonstop service between Idaho Falls Regional Airport (IDA) and Reno-Tahoe International Airport (RNO) – connecting Eastern Idaho with the tourism-rich areas of beautiful Lake Tahoe and the "Biggest Little City in the World."
"Today's inaugural marks our first entry into the Gem State and we're excited to offer travelers in Idaho Falls nonstop access to all that Reno-Tahoe has to offer, including an incredible gaming experience, a variety of shopping, dining and entertainment options in the downtown Riverwalk District, and the sparkling blue waters of North Lake Tahoe," said Tim Sieber, head of ExpressJet's aha! business unit. "It's also now easier than ever before for our customers in Reno to visit the Greater Yellowstone area and the amazing hot springs and waterfalls of the Tetons."
The RNO-IDA flight departs Reno-Tahoe airport on Thursdays and Sundays at 7:40am PT and arrives in Idaho Falls at 10:15am MT. The return IDA-RNO flight departs Idaho Falls at 10:55am MT and arrives in Reno at 11:30am PT. All flights are operated with the 50-seat Embraer ERJ145 regional jet.
"We are just thrilled to have another addition to the Idaho Falls Regional Airport take to the skies," said Idaho Falls Mayor Rebecca Casper. "This flight will not only serve those in Idaho Falls but the entire region, bringing more economic opportunity."
"Welcoming aha! to our airport as is a major hallmark in our recent history," Rick Cloutier, Idaho Falls Regional Airport Director said. "We are the first airport in Idaho to offer ourselves as a destination through aha!, providing a wider range of recreational opportunities to residents of East Idaho and Reno."
aha!, short for air-hotel-adventure, flies from 10 exciting cities throughout California, Washington, Oregon, and Idaho. Among the other destinations connected nonstop to Reno-Tahoe are: Fresno/Yosemite, Ontario/Los Angeles, Palm Springs, Santa Rosa/Napa Valley, Spokane and Bend/Redmond.
For four days only, aha! is giving one free* ticket to the first 100 Idaho Falls-Reno customers. Travelers can use the promo code WELCOME2IDA to receive the $0 base fare for travel completed by December 31, 2022, when booked by Sunday, August 14, 2022, at 11:59pm MT.
To learn more about where we fly and to see our full schedule from Reno-Tahoe International Airport, visit our website at www.flyaha.com
aha! is a leisure brand of ExpressJet Airlines. aha! seeks to provide travelers in smaller communities, many who have seen air service reduced over the past decade through airline mergers, with convenient, short, nonstop flights to high-quality destinations like the Reno-Lake Tahoe region. In addition to offering value-priced, nonstop flights, aha! is partnering with resorts, casinos and attractions to "bundle" value-priced vacation packages. www.flyaha.com
ExpressJet Airlines operates Embraer ERJ145 regional jet aircraft and has more than 40 years of regional airline experience. ExpressJet, including its leisure brand aha!, is focused on providing travelers in smaller communities with convenient, short, nonstop flights to high-quality destinations. The company's services also include specialty charter flights and additional future routes.
$0 base fare tickets must be purchased by 11:59pm MT on August 14, 2022, and travel completed by December 31, 2022. Subject to blackout dates. Capacity controls and other restrictions apply. A total of 100 tickets are available at the $0 fare and the number of seats available on each flight are limited. Customer is responsible for paying government-imposed taxes and fees, such as 9/11 security fee and Passenger Facility Charges (PFC), and well as other service fees such as for checked baggage. Fare rules are subject to change without notice. Not valid on previously purchased itineraries. $0 tickets may only be purchased at www.flyaha.com and are not available when calling the call center.
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SOURCE aha! | https://www.wibw.com/prnewswire/2022/08/11/aha-inaugurates-new-nonstop-service-between-idaho-falls-reno-tahoe-with-free-tickets-first-100-passengers/ | 2022-08-11T18:24:17Z |
(WJW) — Even 110 years after the Titanic sank, stories and images of the iconic ship continue to captivate audiences around the world. Have you ever wished you could see the ship up close and in person? Well, now you can.
That’s right — you can dive to the depths of the ocean and see the Titanic for yourself.
OceanGate Expeditions, a company made up of undersea explorers, scientists, and filmmakers, offers the once-in-a-lifetime opportunity. The company says fewer than 250 people have seen the ship — which sits about 2.5 miles below the ocean’s surface — since its discovery 37 years ago.
This is a chance to join that shortlist.
The images below are provided by OceanGateExpeditions.com
What does the 2023 Titanic Expedition consist of?
According to OceanGate, the 2023 Titanic Expedition is an eight-day mission that begins and ends in St. John’s, Newfoundland.
There are a series of missions that will take place in 2023.
Each mission includes up to five 6-8-hour dives.
During each mission, on the way to the dive site, a team of six “Mission Specialists” will take part in the training. The purpose of the training is to become more familiar with the crew, officers, safety procedures, and generally how things work while aboard.
OceanGate explains Mission Specialists are “citizen explorers” that work as a member of the crew and provide support.
What is the goal of the mission?
The mission is to explore the Titanic’s wreck site.
According to OceanGate, this is the company’s third expedition to survey the site. And because of the ship’s size and the scale of the surrounding area, the dives will continue for several more years.
The company describes on its website the job of those taking part: “Throughout your mission, you will actively support the team to help collect images and video, and to conduct laser and sonar scans to collect data to provide an objective baseline to assess the current condition of the wreck. This baseline will be used to assess the rate of decay over time and help to document and digitally preserve the historic maritime site.”
How do I qualify?
There are typically 30 positions available for Mission Specialists each season, according to organizers, and the series of missions typically take place between June and August.
Requirements include:
- Must be at least 18 years of age when the mission begins.
- Have a valid passport, be able to live aboard a Dive Support Ship at sea for up to one week
- Be able to board small boats (Zodiacs) in rough seas
- Must be comfortable in dynamic environments where plans and timetables may change
- Be able to demonstrate basic strength, balance and flexibility (i.e. climb a 6-foot ladder, carry 20 lbs., etc.)
More details can be found here.
How much does it cost?
According to the company, the training and support fee is $250,000.
The experience includes training, the eight-day mission, and dives to the Titanic aboard what OceanGate says is “the world’s only five-person submersible capable of reaching 4,000 meters.” Read more about the vessel here. If you’re interested in joining the shortlist, you can reserve your spot here.
Why is the Titanic so famous?
Even though its April 15, 1912, sinking is far from the only maritime disaster (the RMS Lusitania is another high-profile sinking), the RMS Titanic has remained wildly famous for over a century.
By the time it set out for its maiden voyage, the Titanic was already very famous. In addition to being the world’s largest ocean liner of the time (hence its name), the ship was also billed as being “unsinkable.”
All-in-all, about 1,500 passengers and staff were killed in the disaster, which lasted several hours. At the time, the victim count was among the highest in commercial sailing, lending to its shock value. Additionally, the fact that the Titanic sank slowly, allowing for hours of panic, may also add to the mystique.
“The Titanic sank in two hours and 40 minutes, the length of a classic play,” University of California San Diego literature professor Stephen D. Cox wrote for CNN. “… Other disasters were either too big or too small to develop this kind of interest. They happened too fast, or too slowly… There was no time for people to assess their options; to consider what they could do, or what they should do, morally.”
Celebrity also factors into the equation. Some of the U.S. and Europe’s most notable society members were aboard the Titanic, including American socialite Molly Brown, and multi-millionaire tycoons John Jacob Astor IV and Benjamin Guggenheim. Both Astor and Guggenheim died in the disaster.
Hollywood has also kept the Titanic alive.
There have been at least 15 film films involving the ship, in addition to countless documentaries. Most notable among the cinematic depictions is 1997’s “Titanic,” directed by James Cameron. The mega-blockbuster has grossed over $1.8 billion since its release, helped catapult the careers of stars Leonardo DiCaprio and Kate Winslet, and snagged the Academy Award for Best Picture. Céline Dion’s smash hit “My Heart Will Go On” — featured both in the film and on its soundtrack — also remains one of music’s best-selling singles, serving as a musical reminder of the movie and the ship.
It may have been 110 years since the sinking, but the “Ship of Dreams” has yet to be forgotten.
“The disaster has become so invested with mythical status,” writes literary biographer Andrew Wilson in his 2012 book, “Shadow of the Titanic,” portions of which appeared in Smithsonian Magazine. “It’s been said that the name Titanic is the third most widely recognized word in the world, after ‘God’ and ‘Coca-Cola.'” | https://cw33.com/news/nexstar-media-wire/visit-the-titanic-this-is-how-much-the-dive-costs/ | 2022-09-10T22:11:05Z |
Clinical proceedings paper details diagnosis, treatment options and caregiver burden of Alzheimer's patients' delusions, hallucinations
TALLAHASSEE, Fla., Aug. 3, 2022 /PRNewswire/ -- Citing a "substantial unmet need," a new paper from the Clinical Neurological Society of America offers unique insights from health care providers into the delusions, aggression and agitation that often accompany Alzheimer's disease. Psychosis impacts roughly 2.2 million of the 5.5 million Americans living with Alzheimer's, devastating caregivers and frustrating health care providers, who have no FDA-approved medications to treat the symptoms.
Whether it's visions of animals and people who aren't there, or an inability to recognize a spouse or even oneself in a mirror, symptoms of Alzheimer's disease psychosis are unsettling and often stigmatized. Well-meaning family members sometimes struggle to care for their loved one in the face of aggression and mistrust, which can intensify over time, the paper explains.
High Costs & Few Options
Certain communications strategies can help, as can daily routines and sensory therapy. But oftentimes, the authors explain, patients must relocate to a long-term care facility. Staff at the long-term care facility can work as part of a coordinated, multidisciplinary care team and collaborate with patients' caregivers. Greater coordination and a better understanding of Alzheimer's disease psychosis are needed to provide optimal care in these scenarios, the paper notes.
Meanwhile, long-term care adds expense to an already costly disease. The cost of Alzheimer's and other dementias is expected to reach nearly $1 trillion a year by 2050. Expenses burden both patients' families and the larger health care system. Effective, FDA-approved treatments for Alzheimer's psychosis would offer significant value, the paper explains. The antipsychotic drugs commonly used now are not approved for Alzheimer's and often introduce serious safety risks.
Learn more by reading, "Alzheimer's Disease Psychosis: A Substantial Unmet Need."
STATEMENT FROM HOWARD KIRSHNER, MD, CHAIR, CNSA CLINICAL PROCEEDINGS EXPERT PANEL:
"As the toll of Alzheimer's disease and Alzheimer's psychosis grows, this paper reminds our country how urgently we need better treatments, more collaboration among medical facilities and providers, and more clinicians willing to specialize in this area."
The Clinical Neurological Society of America, a non-profit 501(c)(6), is a nationwide organization of neurology clinicians with a mission to improve clinical practice and patient care through education.
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SOURCE Clinical Neurological Society of America | https://www.kxii.com/prnewswire/2022/08/03/treatment-challenges-alzheimers-disease-psychosis-persist-neurologists-paper-explains/ | 2022-08-03T13:49:45Z |
Careers on the Suncoast features a series of job experiences and opportunities in Sarasota County, Florida, as told by its residents.
Work for Sarasota County's Public Works Department
SARASOTA, Fla., Aug. 31, 2022 /PRNewswire/ -- It's not uncommon for Sarasota natives to move back to the region and settle down. Upon seeing what other cities across the United States have to offer, the many benefits of Sarasota County continue to attract not just people from other states, but also those who originate from the area.
This is the case with Paula Wiggins. Born in Sarasota but raised between Tampa and Miami, Paula frequented Sarasota County so much to the point that she considered it a second home growing up. In 1998, upon receiving a degree in Civil Engineering from Florida State University (and before later earning an MBA from Webster University), Paula decided it was time to relocate back to Sarasota County and make it a permanent place to stay.
The summer before graduating from FSU, Paula landed an internship with the Sarasota County Government. Following the completion of her internship, she was able to join the county's Professional Engineer Development Program to support her career as an engineer.
Paula began working for the Sarasota County Government's Public Works department and has moved up the leadership ranks ever since. By 2006, after receiving her Professional Engineering license, Paula was promoted to her current role as Transportation Planning Manager leading on projects that determine the future of Sarasota County's infrastructure.
"I remember when University Parkway used to be a simple two-lane county road. Now we have a world class rowing facility," Paula tells us. "It's exciting to see where things are going. Sarasota is a slice of heaven, and it's no wonder why people want to live here."
By partnering with municipalities, regional metropolitan planning organizations, and state partners, Paula weighs in on jurisdictions for existing and future plans around the county. Given that Sarasota was ranked as number nine on U.S. News & World Report's list of Best Places to Live in the U.S., the infrastructure has to be ready to accommodate the needs of its growing, vibrant community and population.
Through her position serving Sarasota County's Public Works division, Paula plays a critical role mapping out the future of Sarasota County's infrastructure. In fact, she is one of the first to know what the community might look like years before new projects even transpire.
What's more, the sense of community is what truly keeps Paula from ever wanting to leave. While she's away from the office, you can find her with family or spending time with members of her local church.
Sarasota County Government is currently hiring across all locations, departments, and services. To view current openings, visit the job search board on their website.
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SOURCE Visit Sarasota County | https://www.wibw.com/prnewswire/2022/08/31/careers-suncoast-what-its-like-work-where-you-want-live/ | 2022-08-31T17:57:33Z |
The Planning for Animal Wellness (PAW) Act would require government agencies to include pets in disaster planning
WASHINGTON, Sept. 15, 2022 /PRNewswire/ -- The ASPCA® (The American Society for the Prevention of Cruelty to Animals®) commended the U.S. House of Representatives for passing the Planning for Animal Wellness (PAW) Act, H.R.7789/S.4205, to encourage collaborative relationships between government agencies and outside experts to incorporate pets into disaster planning, including preparedness, response and recovery efforts. Sponsored by Reps. Dina Titus (D-NV) and Peter DeFazio (D-OR) and Sens. Gary Peters (D-MI) and Rob Portman (R-OH), this legislation would direct the Federal Emergency Management Agency (FEMA) to establish a working group of experts to review current best practices for animals in emergencies and natural disasters, and if necessary, issue new guidance.
The PAW Act unanimously passed the Senate in August, and with passage in the House, it will now go to the desk of President Biden for his signature. Passage of this legislation comes during National Preparedness Month and the five-year anniversaries of Hurricanes Harvey, Irma, and Maria, a string of devastating storms that displaced millions of people and their pets in 2017.
"We've seen firsthand how incorporating animals into disaster plans can prevent avoidable tragedy, making the PAW Act a critical measure to protect these animals and the people who risk their lives to save them," said Matt Bershadker, ASPCA president and CEO. "We're grateful to Representatives Titus and DeFazio, as well as Senators Peters and Portman, for championing this legislation to create a FEMA-led working group to establish best practices for assisting animals in disasters, and we look forward to continuing our collaborative work to save and protect these vulnerable animals."
"Pet owners in Michigan and across the country should not have to make the difficult choice of taking care of their pets or getting to safety when disasters strike," said Senator Peters. "I look forward to seeing the President sign this bipartisan bill into law so that all of our loved ones – even those with fur, feathers or scales – can be safe during hurricanes, wildfires, floods, and other emergencies."
"As a proud dog owner, it is concerning that animal and veterinary needs are often overlooked during disasters. I am pleased this bipartisan legislation has passed the House because it will require FEMA to establish a working group with outside experts to review current federal guidance regarding animals in disaster preparedness, response, and recovery to ensure it aligns with current best practices," said Senator Portman. "This bill will help ensure Ohio families and other animal owners have up-to-date guidance for disaster preparedness."
"As a member of the Animal Protection Caucus, I was pleased to introduce the PAW Act to help protect our beloved pets during disasters," said Congresswoman Titus. "When preparing for and responding to catastrophes, animal welfare often is overlooked, and sadly, some owners make the risky decision of refusing to evacuate in order to stay with their pets. The PAW Act will ensure first responders and federal disaster response workers can help pet owners plan to keep every member of their family, even the furry and feathered ones, safe."
"I applaud the House of Representatives for passing the PAW Act, which will help meet the needs of pets and service animals affected by emergencies and disasters" said House Transportation and Infrastructure Chair Peter DeFazio. "By establishing a FEMA working group focused on addressing the needs of animals, especially during evacuation and sheltering, we will be more prepared for disasters and can deliver the adequate care and dignity that animals deserve."
A 2021 ASPCA survey revealed that 83 percent of current pet owners reported living in a community that faces natural disasters. A lack of emergency resources can sometimes force people to make the unimaginable choice between evacuating or sheltering in place to stay with their animals. The PAW Act would help ensure that pets, captive animals, and service animals are considered in disaster planning and emergency response, so families do not have to choose between their own safety and the safety of their pet.
Since the inception of the ASPCA Disaster Response team in 2010, the ASPCA has responded to more than 65 disasters, assisting nearly 120,000 animals in impacted communities. During the catastrophic string of Hurricanes in 2017, including Harvey, Irma, and Maria, the ASPCA assisted nearly 36,000 animals across Texas, Florida, South Carolina and St. Croix through evacuations, search and rescue, emergency sheltering, and pet food and supply distribution.
In addition to providing boots on the ground assistance in response to disasters, the ASPCA works closely with local agencies across the country to help enhance their animal response capabilities through grants and training opportunities. Over the last three years, the ASPCA has awarded more than $2 million in grant funding to authorized disaster response agencies providing support to companion animals, equines, and their owners in communities impacted by or at high-risk of natural disasters. It also works with lawmakers to increase access to co-sheltering opportunities to keep people and pets together when they are displaced by natural or manmade disasters.
To learn more about incorporating pets into preparedness plans, please visit www.aspca.org/disasterprep.
Founded in 1866, the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) was the first animal welfare organization to be established in North America and today serves as the nation's leading voice for vulnerable and victimized animals. As a 501(c)(3) not-for-profit corporation with more than two million supporters nationwide, the ASPCA is committed to preventing cruelty to dogs, cats, equines, and farm animals throughout the United States. The ASPCA assists animals in need through on-the-ground disaster and cruelty interventions, behavioral rehabilitation, animal placement, legal and legislative advocacy, and the advancement of the sheltering and veterinary community through research, training, and resources. For more information, visit www.ASPCA.org, and follow the ASPCA on Facebook, Twitter, and Instagram.
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SOURCE ASPCA | https://www.kxii.com/prnewswire/2022/09/15/aspca-commends-federal-lawmakers-passing-legislation-protect-animals-impacted-by-disasters-during-national-preparedness-month/ | 2022-09-15T19:28:11Z |
Reduce out-of-shelf and fresh waste in real time!
ATLANTA, Sept. 12, 2022 /PRNewswire/ -- The future of retail chain operations will be supported by computer vision and AI. Knowing this, the French start-up, belive.ai, recently opened its doors in Atlanta, GA, making its solutions available to the North American retail industry market.
Since its inception in 2019, belive.ai has grown quickly into the largest AI install base in terms of supermarkets and users: more than 15 grocery chains, 400 supermarkets, and more than 1,000 users using the application every day. A number of grocery and retail outlets in North America are already using belive.ai solutions with positive results.
"Our solutions focus on both improving customer satisfaction and employee experience," said Aurelien Escartin, belive.ai Co-Founder & CEO.. "By reducing wait lines, shelf outs, and even promo and price inaccuracies, belive.ai improves customer satisfaction and guides employees to work better and faster. Store managers can quickly make better decisions, all the while improving supply chain and merchandising execution."
The value of belive.ai resides in its simplicity of operation and its capacity to execute at scale. Images are continuously captured, and then transformed, in real time, into usable data. From this data, task oriented actions are created. "With the largest number of supermarkets equipped in the world," said Pierre-Marie Rallu, General Manager for belive.ai North America, "our dedicated solutions are scalable and provide proven ROI in just a couple of weeks. This low cost acquisition solution requires low maintenance and has a short learning curve. The Retailer owns the data and decides what to do with it: Use of our dashboards, integrate data within their own KPIs, and even share with vendors."
"We are the only company with referenceable grocery retailers using this solution across their entire organization," Rallu said. "We have developed a reputation for going that extra mile to adapt to the grocer's organization and processes. Our clients keep investing with us. They know, as our AI evolves, we will continue to deliver high value on their investment."
belive.ai will be at GroceryShop, the leading event for grocery & CPG, on September 19-22, 2022 at the Mandalay Bay in Las Vegas, NV. Come visit Booth # SC5.
To learn more about belive.ai visit https://belive.ai
Press Contact:
Séverine Rigaud, +1 770.820.9004
srigaud@belive.ai
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SOURCE belive.ai | https://www.mysuncoast.com/prnewswire/2022/09/12/beliveai-drive-your-store-with-ai/ | 2022-09-12T16:35:55Z |
BUDAPEST, Hungary (AP) — Canadian 15-year-old Summer McIntosh won another gold medal and Italy pipped the United States to the men’s 4×100 medley relay title on the last night of racing at the world swimming championships.
The American women clinched the Unites States’ record 45th medal of the week by winning their 4×100 medley final on Saturday. Regan Smith, Lilly King, Torri Huske and Claire Curzan were 0.47 seconds ahead of Australia and 1.23 ahead of Canada.
“Yeah, I’m pretty tired,” Huske said after her sixth medal in a busy week.
Canadian swimmers finished with 11 medals for their most successful worlds.
Veteran Gregorio Paltrinieri also won a thrilling men’s 1,500 freestyle, as Italy ended the swimming worlds with five golds.
Paltrinieri was well under world record pace as he built a huge lead over his rivals before eventually finishing in a championship record 14 minutes, 32.80 seconds.
“I knew that they were coming, but I had quite a big lead. So that was enough for me,” Paltrinieri said. “That was my strategy, actually, to go out fast and try to open a gap with the others. So I’m really glad I did it.”
Only Sun Yang’s world record of 14:31.02 from the 2012 Olympics has been faster. The Chinese swimmer is suspended for a doping violation.
Bobby Finke, who has made an art of finishing strongly to overtake rivals, was unable to catch Paltrinieri as he finished 3.90 behind in an American record 14:36.70.
“In the beginning, I was just trying to keep up with him, but he just kept getting farther and farther ahead,” Finke said. “Hats off to Greg. I wasn’t able to run him down. He had a great race, and I’m really proud of him.”
Finke’s silver was America’s record-breaking 39th medal this week, eclipsing its tally from Budapest in 2017.
McIntosh wrapped up a highly successful week for Canadian swimming with her second world title after the 200 butterfly, clocking 4:32.04 in the women’s 400 individual medley. It was yet another world junior record for the teen, who is doing little to keep down expectations.
McIntosh said she’s not focusing on placement but was more concerned about how she executes each race.
“I’ve accomplished that and met my expectations when it comes to splits and targets, I mean swimming them and pushing my body as hard as possible. So I’m overall really happy.” McIntosh said.
Katie Grimes, who is just seven months older than McIntosh, pushed her rival all the way before finishing 0.63 seconds behind for silver.
“I was just having a good time racing Summer. I have a feeling that this is a long future,” Grimes said. “I’m happy to get it started.”
Another American, Emma Weyant, was third, 3.96 behind.
After some confusion, the United States’ Justin Ress was confirmed as the men’s 50 backstroke champion.
Ress’ elation at winning the race in 24.12 ended promptly when he was disqualified for being submerged at the finish. Teammate Hunter Armstrong, who finished two-hundredths of a second behind, was awarded the win, while the 17-year-old Ksawery Masiuk of Poland was bumped up to silver and Italy star Thomas Ceccon grabbed the bronze.
FINA later overturned the disqualification, meaning Ress was awarded gold, Armstrong silver and Masiuk bronze.
“That’s probably the worst possible way a race could go,” Ress said.
Sweden’s Sarah Sjöström won the women’s 50 freestyle for her 10th gold at a worlds, all in individual events. It was the second time she completed the 50 free/butterfly double at a single worlds after Budapest in 2017.
Italy didn’t have it all its own way when Lithuanian swimmer Rūta Meilutytė upset world record holder Benedetta Pilato by one tenth of a second to win the women’s 50 breaststroke in 29.70.
“It’s nice to be a world champion, I’m super proud of myself,” said Meilutytė, who claimed her second world title nine years after winning the 100 breaststroke in 2013. “I’m grateful for every step taken in my life, the bad ones and the good ones as well.”
Italian journalists, team officials and support staff applauded when Paltrinieri came through the mixed zone following his tilt at the world record. Ceccon also interrupted Paltrinieri’s interviews to give his teammate a hug.
The Italians were celebrating again later when Ceccon, Nicolo Martinenghi, Federico Burdisso and Alessandro Miressi set a European record of 3:27.51 to win the men’s 4×100 medley by 0.28 seconds ahead of the Americans.
___
More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/italy-pips-us-men-to-relay-gold-in-swimming-worlds-finale/ | 2022-06-26T12:30:39Z |
New details released in Lily Peters homicide case
CHIPPEWA FALLS, Wis. (WEAU/Gray News) - New details about the homicide investigation into the death of a 10-year-old Chippewa Falls girl were released Friday.
A 14-year-old boy is facing charges of 1st-degree intentional homicide, 1st-degree sexual assault resulting in great bodily harm and 1st-degree sexual assault of a child under the age of 13 in the death of 10-year-old Iliana “Lily” Peters. Two of the three charges carry a maximum lifetime sentence in prison.
After Chippewa County Circuit Court Judge Benjamin Lane said during Thursday’s review hearing that the redacted criminal complaint for the case could be unsealed, the document was made available publicly on Friday.
WARNING: Some of the details about the case that follow are graphic in nature.
According to the criminal complaint filed in the case, the Chippewa Falls Police Department was notified about a missing 10-year-old girl, Lily, at 9 p.m. on April 24, 2022. Lily’s father said that she did not come back from her aunt’s house.
At 11 p.m., Lily’s father went to look for her and found her bike near the Duncan Creek Trail in Chippewa Falls near the Leinie’s Lodge. A search that evening with law enforcement turned up empty.
At 8:54 a.m. on April 25, Lily’s body was found by someone who knew her not far from where her bicycle was located, nearly 12 hours after she had been reported missing. Investigators said that Lily had blunt-force trauma injuries to her head and some of her clothes were missing.
A preliminary autopsy was given to investigators with the Chippewa County Sheriff’s Office. According to the autopsy, there was evidence of sexual assault. The autopsy also confirmed the blunt-force trauma to Lily’s face.
According to the complaint, the charged suspect in the case told investigators on April 26 that he helped Lily get her bike at a home in Chippewa Falls and that while she rode her bike, he rode his hoverboard. The suspect also told investigators it was his intention to rape and kill Lily.
He told investigators that he asked Lily to leave the trail and go into the woods, where he then physically and sexually assaulted her. At some point, the suspect said he became scared and went home to shower and wash his clothes. When he heard that Lily was missing, he decided he needed to hide her body better, so he returned to move her body and cover it with leaves.
Other documents in the case subject to open records laws, including search warrants, will remain sealed until all parties have had time to review their contents. Chippewa County District Attorney Wade Newell said that those documents contain identifying information and that some of the warrants are part of an active investigation.
A status conference in the case will be held on June 24 at 9:30 a.m. in Chippewa County Circuit Court. The conference will be conducted with the defendant and his new representation, Michael Cohen, appearing virtually.
The conference is being set to establish future court dates in the case. The date was picked to allow time for Newell to deliver materials to the defendant and his representation and for the defense to review all of the case materials.
Newell said in court Thursday that he expects to have all of the materials ready by the end of next week. Cohen said that he has not received much information about the case or had time to review anything beyond the criminal complaint.
The status conference will set future dates for hearings and allow time for all parties, including victims and witnesses, to make arrangements to be in court.
The suspect is being held at the Northwest Regional Juvenile Detention Center in Eau Claire awaiting his next court appearance. Cash bond has been set at $1 million for the suspect.
Copyright 2022 WEAU via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/06/new-details-released-lily-peters-homicide-case/ | 2022-05-06T20:52:41Z |
PARIS, July 19, 2022 /PRNewswire/ -- While celebrating their 20th anniversary, the World's 50 Best Restaurants and its panel of 1,080 international culinary experts, held their annual award ceremony in London, on July the 18th. According to this highly esteemed panel, Le Clarence is now considered the 28th best restaurant in the world and the 2nd finest restaurant in France.
To view the Multimedia News Release, please click
https://www.multivu.com/players/uk/9070451-le-clarence-honoured-global-ranking-in-worlds-best-restaurants/
Le Clarence's identity is born out of a magical recipe. The main ingredients include the audacious concoctions of a seasoned "rebel" Chef, Christophe Pelé, mixed in with the vision of a daring entrepreneur, Prince Robert of Luxembourg, President & CEO of family company, Domaine Clarence Dillon. Together, in November 2015, they created a unique blend of instinctive, brilliantly executed modern cuisine, juxtaposed with the warm traditional charm of a French chateau.
Housed in an elegant 19th century mansion located in Paris, only meters away from the most famous avenue in the world, the Champs Elysées, Le Clarence is situated at the epicentre of the city of lights' Golden Triangle and thus in the exalted heart of European culture and the global luxury goods industry.
It is with tremendous joy and pride that Chef Christophe Pelé, on behalf of his entire team, salutes the 50 Best Committee and states: "This extraordinary vote of confidence from such a distinguished panel of epicurean connoisseurs touches us deeply. You can be sure that this will only add to our keen desire to further dazzle our guests and to surpass ourselves with every service".
Delighted, Prince Robert of Luxembourg remarks: "At Le Clarence, we aimed to create a unique environment where time stands still. On every occasion that I have the pleasure to enjoy Chef Pelé's cuisine, I am deeply moved by the elegance, delicacy and subtlety of his compositions. I have no doubt that this exceptional honour conferred on us by this exalted jury of peers will encourage our teams to reach new heights. We are deeply grateful to the 50 Best Restaurants for this outstanding recognition bestowed on our relatively youthful establishment."
Christophe Pelé
Managing Director and Executive Chef of the restaurant Le Clarence
From a very young age, Christophe Pelé developed a taste for cooking, but it was only at the age of 25 that he became aware of his destiny.
After having worked in the most prestigious Parisian establishments - Ledoyen, Lasserre, Pierre Gagnaire, Le Bristol -, it was at the Royal Monceau that something clicked for him when he met Bruno Cirino. This was an important turning point in his life. He took over the reins of the Royal Monceau kitchen from the Chef in 2004.
In 2007, chef Pelé opened La Bigarrade, which he imagined to be a simple "neighbourhood restaurant" in Paris. The Michelin Guide awarded him his first star in 2008 and his second in 2009. He closed his restaurant in 2013 and took some time to explore new horizons and discover other culinary cultures.
In 2014, Christophe Pelé met Prince Robert of Luxembourg and together they opened Le Clarence in November of 2015. Le Clarence was awarded two stars by the Michelin Guide in 2017.
Domaine Clarence Dillon
Founded in 1935, the family company Domaine Clarence Dillon produces some of the most prestigious wines in the world including Château Haut-Brion, Château La Mission Haut-Brion, Château Quintus and Clarendelle.
Domaine Clarence Dillon owns a mansion house in Paris, a true embassy of the French art of living so prized by its President, Prince Robert of Luxembourg. This building is home to the two-starred gastronomic restaurant, Le Clarence, but also to the prestigious wine merchant, La Cave du Château (www.lcdc.wine ). This exceptional boutique, mainly focused on the very finest French wines and spirits, offers a collection of more than 2,500 references. A second shop was opened at Chateau Haut-Brion in Bordeaux in 2021.
In 2005, Clarence Dillon Wines, today one of the most important Bordeaux wholesale companies (Negociant), was also created (www.clarencedillonwines.com).
In 2018, Prince Robert of Luxembourg, representing the 4th generation of the Dillon family, joined Primum Familiae Vini, an international association of 12 families owning some of the most prestigious wine estates in the world.
Restaurant Le Clarence
31, avenue Franklin D. Roosevelt, 75008 Paris
+33 1 82 82 10 10
www.le-clarence.paris
Open Wednesday to Saturday for lunch and Tuesday to Saturday for dinner.
Eline Huet
Communications Officer
e.huet@domaineclarencedillon.com
Reiko Mori
Press office of Le Clarence restaurant
reiko@sessa-agency.com
Cécile Riffaud
Communication & Marketing Director
Domaine Clarence Dillon
c.riffaud@domaineclarencedillon.com
Photo - https://mma.prnewswire.com/media/1861245/Le_Clarence_Chef_Christophe_Pele.jpg
Logo - https://mma.prnewswire.com/media/1861244/Le_Clarence_Logo.jpg
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SOURCE Domaine Clarence Dillon | https://www.mysuncoast.com/prnewswire/2022/07/19/le-clarence-honoured-with-global-ranking-28th-worlds-50-best-restaurants-list/ | 2022-07-19T10:26:04Z |
TUCSON, Ariz., Aug. 30, 2022 /PRNewswire/ -- Raytheon Missiles & Defense, a Raytheon Technologies (NYSE: RTX) business, is awarded a $972 million contract for upgraded AMRAAM® missiles. This is the first AMRAAM contract to produce an entire lot of AIM-120D3 and AIM-120C8 missiles developed under the Form, Fit, Function Refresh, also known as F3R, which updates both the missile's hardware and software.
"This contract underscores the importance of AMRAAM in the warfighters' arsenal," said Paul Ferraro, president of Air Power for Raytheon Missiles & Defense. "These missiles, developed under the Form, Fit, Function Refresh, have the most advanced hardware and software needed to compete with peer adversaries."
In addition to providing missiles to both the U.S. Air Force and U.S. Navy, the contract also supplies AMRAAMs to 19 countries, extending the production line for both the U.S. and Allied partners.
Under the F3R program, engineers used model-based systems engineering initiatives and other digital technologies to upgrade multiple circuit cards and other hardware in the guidance section of the missile and to re-host legacy software in the AIM-120D3 and AIM-120C8 AMRAAMs. These variants combine System Improvement Program 3F software updates with F3R hardware, providing tremendous capability against advanced threats.
The U.S. Air Force had the first live-fire of the production version of AIM-120D3 in June 2022, showcasing the success of the missile against a target. There are two additional live fires planned for 2022.
About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, Virginia.
Media Contact
Savanah Bray
RMDPR@rtx.com
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SOURCE Raytheon Missiles & Defense | https://www.kxii.com/prnewswire/2022/08/30/us-air-force-awards-raytheon-missiles-amp-defense-972-million-upgraded-amraams/ | 2022-08-30T22:28:54Z |
Event reflects Neolith's continued expansion across North America, and the brand's new touch.feel.live global platform
CARLSTADT, N.J., June 22, 2022 /PRNewswire/ - Neolith, the world leader in sintered stone, celebrated last Thursday the official opening of its New Jersey distribution center, accompanied by more than 250 international designers, architects, with top representatives of their community, and brand lovers in general. The guests had the opportunity to witness the wide assortment Neolith offers, enabling high-end design and architectural solutions to inspire the creation of unique spaces indoor and outdoor, hospitality and commercial environments.
This opening celebration continues the string of events, partnerships and other investments as the brand is proceeding with its expansion plans all over the world, including priority markets such as Europe, China, Australia and of course, North America.
"What has happened here last week reflects how the brand is already performing in North America. We are overwhelmed by all the positive words and thoughts everyone is sharing with us. Neolith has become, in record time, North America's preferred brand of choice for thousands of individuals who are selecting us daily, and this is driven mainly by the passion of our partners and the professionals who recommend us, as well as by the dedication of our global and local teams," said José Luis Ramón, CEO of Neolith Group, present in the opening, together with other Executives of the company who travelled for the occasion, and who continued saying that "our expansion plans continue unabated in the Region, where we are poised for success driven by a strong demand from multiple applications, especially kitchen & bath and interior design decoration, our iconic strongholds"
Prominent members of the architectural and design community, kitchen and bath industry representatives, and numerous media figures were all regaled during last week's event which featured fine food, live music and roam the Neolith gallery featuring the newest collection The New Classtone. Guests were also treated to the creative presence of Bianca Burrows, renowned mural artist
from Tampa who created a unique artistic rendition of The Brooklyn bridge on Neolith surfaces, which will be dressing the center from now on.
"Neolith is something you have to experience firsthand," said James Amendola, Executive Vice- President East Coast North America for Neolith. "That is why we are investing in opportunities for physical encounters that stir the senses. We welcome everyone to touch, feel and live the Neolith difference and to be inspired as they create unique spaces for enjoying extraordinary experiences."
Neolith's 40,000 square-foot facility is located at 725 Dell Road, in Carlstadt, New Jersey, and will enable the company to deliver products more rapidly to North American clients, as it allows the company to warehouse large quantities of product, while having them more readily available.
Founded in 2009, Neolith is the world's leading sintered stone brand. It's a revolutionary and innovative architectural surface with superior technical characteristics made of 100% all-natural raw materials. Designed and manufactured to meet the most demanding needs in the world of architecture and interior design, Neolith stands out due to its quality, versatility, durability, and elegance as well as its sustainability. Around the world, it has become an essential style element for any kitchen, bathroom, facade, floor, and even exclusive designer furnishings for indoor and outdoor areas with exquisite designs in combination with high performance. Committed to social responsibility, Neolith is also the first company in its sector to have achieved carbon neutral status in 2019. The company is present in more than 100 countries through direct distribution as well as an extensive sales and partner network.
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SOURCE Neolith Group | https://www.kxii.com/prnewswire/2022/06/22/neolith-celebrates-official-opening-its-new-jersey-distribution-center-source-inspiration-design-quality-unique-living-environments/ | 2022-06-22T17:20:38Z |
Automaker and Major League Soccer Team Hosted Back-to-School Festival To Celebrate Donation to Chester, Pennsylvania School
CAMDEN, N.J., Sept. 14, 2022 /PRNewswire/ -- Subaru of America, Inc., in partnership with the Philadelphia Union, announced the automaker and Major League Soccer team "adopted" all classrooms at Stetser Elementary School in Chester, Pennsylvania, providing critical learning materials to more than 250 students. Additionally, Subaru of America donated an extra $12,500 worth of school supplies and sports equipment to the school. The donations are part of the Subaru Loves Learning initiative, a partnership with AdoptAClassroom.org to give all students an equal opportunity to thrive in the classroom.
The adoption of Stetser Elementary School impacts more than 250 Pre-K through 5th grade students in Chester, Pennsylvania, where the Union's home stadium, Subaru Park, is located. As part of the "adoption," each of the 20 Stetser Elementary teachers received $500 to buy supplies from AdoptAClassroom.org and a school supply kit with classroom essentials. In addition to providing flexible funding for teachers to purchase supplies customized to their classroom, Subaru donated an additional $12,500 worth of supplies and sporting equipment to the school.
"Students across the country are excited to be kicking off a new school year back in the classroom, yet for many families, the cost of school supplies can add an unbelievable amount of stress to the family budget," said Alan Bethke, Senior Vice President of Marketing Subaru of America, Inc. "Subaru is proud to give back in Subaru Park's backyard and ensure that all students at Stetser Elementary have the tools they need to succeed this year."
Subaru of America and the Union also hosted a back-to-school festival outside of the school for students and teachers, featuring refreshments, games and a visit from the Union mascot, Phang. Each student also took home a Subaru soccer ball.
"The Philadelphia Union prides itself on being a club that is dedicated to bettering the community," said Charlie Slonaker, Chief Revenue Officer, Philadelphia Union. "That begins in our own backyard and it starts with providing the next generation the tools to become successful in in academics and athletics."
As part of the Subaru Loves Learning initiative, Subaru of America and more than 600 participating retailers are working with AdoptAClassroom.org to help teachers and schools purchase the tools and materials they need for their students.
For information about Subaru Loves Learning and to find out more about the partners that Subaru supports, visit subaru.com/learning.
About Subaru of America, Inc.
Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile manufacturing plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $270 million to causes the Subaru family cares about, and its employees have logged nearly 78,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do.
For additional information visit media.subaru.com. Follow us on Facebook, Twitter, and Instagram.
About Philadelphia Union
The Philadelphia Union is an innovative, forward-thinking professional soccer club competing in Major League Soccer (MLS) and one of Philadelphia's five major league sports teams. Driven by unprecedented fan support, MLS awarded the Philadelphia expansion franchise rights to Jay Sugarman in 2008 and the Union kicked off its inaugural season in 2010. The club has reached the finals of the Lamar Hunt U.S. Open Cup in 2014, 2015 and 2018, and has appeared in the MLS Cup Playoffs in 2011, 2016, 2018, 2019, and 2020. In 2020, the Union were awarded the club's first Supporters' Shield after finishing with the best regular season record in MLS.
The Philadelphia Union is part of parent company Keystone Sports and Entertainment LLC, which also operates Philadelphia Union II, the Philadelphia Union Academy, Philadelphia Union Foundation and Philadelphia Union Youth Programs. With a commitment to developing talent from the Delaware Valley, the Union has signed nine local players from their academy to a first team contract.
The Union play at Subaru Park in Chester, Pennsylvania on the banks of the Delaware River. The custom-built stadium is part of the Union's unique waterfront campus, featuring a historic power plant rebuilt into a 400,000 sq. ft. creative office building, a state-of-the-art Training Complex, over 7 acres of professional-grade practice pitches and multiple onsite parking fields. For more information about the Philadelphia Union, visit www.philadelphiaunion.com and follow @PhilaUnion on Twitter or Instagram.
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SOURCE Subaru of America, Inc. | https://www.kxii.com/prnewswire/2022/09/14/subaru-philadelphia-union-adopt-stetser-elementary-school-chester/ | 2022-09-14T19:07:56Z |
– Tzeng brings enterprise AI product expertise to connect shippers and carriers intelligently, sustainably, and at scale –
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced Tony Tzeng has joined as the company's first-ever Chief Product Officer. He will lead product strategy, execution, and innovation serving shippers and carriers across the Transfix portfolio. Tzeng's expertise is in enterprise AI, and he joins Transfix from UiPath, a leading enterprise automation software vendor, where he served as VP of Product Management for AI products. Prior to that he served as Principal Lead Product Manager at Microsoft.
"When your goal is to revolutionize the supply chain, you need big thinkers, innovators and operators who make it a reality for your customers. Tony is one of those executives who has it all," said Lily Shen, CEO and President of Transfix. "His experience driving product and platform strategies, coupled with his AI and ML expertise, will help to accelerate our vision of delivering an Intelligent Freight Platform that powers modern, reliable, and resilient supply chain performance at scale.
Tzeng brings 20 years of product and strategy development experience. Most recently, at UiPath, he oversaw the full product life cycle from assessing product/market fit to incubation, product vision, roadmap, launch, and acceleration. While leading the product division for AI-driven automations and a Machine Learning operations platform, he launched new products and grew the portfolio to multi-million dollar businesses that are now growth engines and differentiators for UiPath.
At Microsoft, he led the product team developing cloud and AI solutions for next-gen virtual customer service, giving AI bots groundbreaking levels of accessibility. He also incubated enterprise AI solutions as part of AI+ Research, leading product teams that contributed useful features to well-known software like Dynamics 365 and Microsoft Office. Tzeng also held senior-level positions at McKinsey & Company and Deloitte Consulting.
"Transfix has all the pieces for an iconic success story– talented and passionate people, outstanding engineering practices, a data-driven product suite, and a winning corporate culture," said Tzeng. "I'm proud to be a part of that story, and I look forward to creating a smarter, more sustainable future for freight."
Tzeng earned his Bachelor of Science in Computer Science at Stanford University and his Masters of Business Administration with Honors at The Wharton School of The University of Pennsylvania.
As announced on September 21, 2021, Transfix has entered into a definitive business combination agreement, as subsequently amended, with G Squared Ascend I Inc. ("G Squared Ascend I") (NYSE: GSQD), a special purpose acquisition company sponsored by affiliates of G Squared, that is expected to result in Transfix becoming a publicly listed company. Completion of the business combination is subject to customary closing conditions.
Transfix drives modern supply chain impact at scale with its Intelligent Freight Platform™. By combining enterprise-grade, machine-learning technology with intuitive software and dedicated supply chain experts, Transfix is enabling organizations to deliver with high performance and high reliability, drive long-term strategy and capacity planning, take empty miles off the road, and optimize their networks, at scale. Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible. Learn more at Transfix.io.
G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider, working to create value for companies, investors, employees, and other stakeholders. The firm focuses on investments in growth-stage technology companies and has invested in over 100 portfolio companies since it was founded in 2011. The firm's affiliate, G Squared Ascend I Inc. ("G Squared Ascend I"), offers transformative private companies a path to public markets via SPAC. For more information on G Squared and its portfolio, visit: www.gsquared.com. For more information on G Squared Ascend I, visit: www.gsquaredascend.com.
Chelsea Horn, Carve Communications for Transfix
chelsea@carvecomms.com
(210) 378-8580
In connection with the proposed business combination involving G Squared Ascend I and Transfix, Transfix Holdings, Inc. ("Transfix Holdings") has filed a registration statement on Form S-4, as amended (the "Registration Statement") with the Securities and Exchange Commission (the "SEC"). The Registration Statement includes a proxy statement of G Squared Ascend I and a prospectus of Transfix Holdings. Additionally, G Squared Ascend I and Transfix Holdings will file other relevant materials with the SEC in connection with the business combination. Copies may be obtained free of charge at the SEC's website at www.sec.gov. Security holders of G Squared Ascend I are urged to read the proxy statement/prospectus and the other relevant materials when they become available before making any voting decision with respect to the proposed business combination because they will contain important information about the business combination and the parties to the business combination and related matters. The information contained on, or that may be accessed through, the websites referenced in this communication is not incorporated by reference into, and is not a part of, this communication.
G Squared Ascend I and its directors and officers may be deemed participants in the solicitation of proxies of G Squared Ascend I's stockholders in connection with the proposed business combination. Transfix and its officers and directors may also be deemed participants in such solicitation. Security holders may obtain more detailed information regarding the names, affiliations and interests of certain of G Squared Ascend I's executive officers and directors in the solicitation by reading G Squared Ascend I's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on April 13, 2022, and the proxy statement/prospectus and other relevant materials filed with the SEC in connection with the business combination when they become available. Information concerning the interests of G Squared Ascend I's participants in the solicitation, which may, in some cases, be different than those of their stockholders generally, will be set forth in the proxy statement/prospectus relating to the business combination when it becomes available.
This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the proposed business combination and shall not constitute an offer to sell or the solicitation of an offer to buy any securities or constitute a solicitation of any vote or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
The information in this communication may contain statements that are not historical facts but are "forward-looking statements'' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and within the meaning of "safe harbor" provisions under the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact included in this communication, regarding G Squared Ascend I's proposed business combination with Transfix, G Squared Ascend I's ability to consummate the transaction, the benefits of the transaction and the combined company's future financial performance, as well as the combined company's strategy, future operations, estimated financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this communication, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, G Squared Ascend I and Transfix disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this communication. G Squared Ascend I and Transfix caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of either G Squared Ascend I or Transfix. In addition, G Squared Ascend I and Transfix caution you that the forward-looking statements contained in this communication are subject to the following factors: (i) the occurrence of any event, change or other circumstances that could delay the business combination or give rise to the termination of the agreements related thereto; (ii) the outcome of any legal proceedings that may be instituted against G Squared Ascend I or Transfix following announcement of the transactions; (iii) the inability to complete the business combination due to the failure to obtain approval of the shareholders of G Squared Ascend I, or other conditions to closing in the transaction agreement; (iv) the risk that the proposed business combination disrupts G Squared Ascend I's or Transfix's current plans and operations as a result of the announcement of the transactions; (v) Transfix's ability to realize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of Transfix to grow and manage growth profitably following the business combination; (vi) costs related to the business combination; (vii) changes in applicable laws or regulations; (viii) rollout of Transfix's business and the timing of expected business milestones, (ix) the effects of competition on Transfix's business, (x) supply shortages in the materials necessary for the production of Transfix's products, (xi) risks related to original equipment manufacturers and other partners being unable or unwilling to initiate or continue business partnerships on favorable terms, (xii) the termination or reduction of government clean energy and electric vehicle incentives, (xiii) delays in the construction and operation of production facilities, (xiv) the amount of redemption requests made by G Squared Ascend I's public stockholders, (xv) changes in domestic and foreign business, market, financial, political and legal conditions, and (xvi) the possibility that Transfix may be adversely affected by other economic, business, and/or competitive factors. Should one or more of the risks or uncertainties described in this communication, or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. You should carefully consider the risks and uncertainties described in the "Risk Factors" section of G Squared Ascend I's final prospectus filed with the SEC on February 8, 2021 and its Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on April 13, 2022, and other documents of G Squared Ascend I filed, or to be filed, including the proxy statement/prospectus, with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in G Squared Ascend I's filings with the SEC. G Squared Ascend I's SEC filings are available publicly on the SEC's website at www.sec.gov.
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SOURCE Transfix | https://www.kxii.com/prnewswire/2022/08/11/transfix-appoints-first-ever-chief-product-officer-tony-tzeng-continue-digital-transformation-supply-chain/ | 2022-08-11T19:50:31Z |
BEIJING (AP) — China’s leaders effectively acknowledged the struggling economy won’t hit its official 5.5% growth target this year and said Thursday they will try to prop up sagging consumer demand but will stick to strict anti-COVID-19 tactics that disrupted manufacturing and trade.
The announcement after a Communist Party planning meeting reflected the high cost President Xi Jinping’s government has been willing to incur to stop the virus in a politically sensitive year when Xi is widely expected to try to extend his term in power.
The party promised to “strive to achieve the best results” in the second half. It didn’t directly address the growth goal but dropped references in earlier statements about targets, effectively acknowledging the economy will fall short after growing just 2.5% over a year ago in the first half.
“Policymakers implicitly walked back from the original growth target,” said Larry Hu of Macquarie Group in a report. “It means that they no longer view 5.5%, or even 5%, as achievable for this year.”
Party leaders promised to “actively act in expanding demand” and to make up for lack of consumer and business spending.
Retails sales, a major driver of growth, were off 0.7% from a year earlier in the first half after plunging 11% in April following the temporary shutdown of Shanghai and some other major cities to fight virus outbreaks.
Thursday’s statement affirmed support for the anti-COVID-19 strategy despite its rising economic cost and social disruption.
“We should resolutely and conscientiously implement the policies and measures for the prevention and control of COVID-19,” the statement said. “We should do a good job in tracking virus mutations and developing new vaccines and drugs.”
Forecasters don’t expect Beijing to ease anti-virus controls until at least after a ruling party congress in October or November, when Xi is expected to try to break with tradition and award himself a third five-year term as party leader.
China rebounded quickly from the pandemic in 2020, but activity weakened as the government tightened controls on use of debt by its vast real estate industry, which supports millions of jobs. Economic growth slid due to a slump in construction and housing sales.
Repeated shutdowns and uncertainty about business conditions have devastated entrepreneurs who generate most of China’s new wealth and jobs. Small retailers and restaurants have closed. Others say they are struggling to stay afloat. | https://cw33.com/news/ap-top-headlines/china-backs-away-from-growth-goal-sticks-to-virus-controls/ | 2022-07-30T02:39:39Z |
CAMBRIDGE, Mass., Aug. 12, 2022 /PRNewswire/ -- Leap Therapeutics, Inc. (NASDAQ: LPTX), a biotechnology company focused on developing targeted and immuno-oncology therapeutics, today reported financial results for the second quarter ended June 30, 2022.
Leap Highlights:
- Initiation of Part C of the ongoing DisTinGuish study to evaluate DKN-01, Leap's anti-Dickkopf 1 (DKK1) antibody, in combination with tislelizumab, BeiGene's anti-PD-1 antibody, and chemotherapy compared to a tislelizumab and chemotherapy control arm, in patients with gastric or gastroesophageal junction cancer (G/GEJ)
- Initiation of a new company-sponsored trial of DKN-01 in combination with standard of care bevacizumab and chemotherapy in second-line patients with colorectal cancer (CRC)
- Supporting an investigator-initiated trial of DKN-01 plus pembrolizumab in patients with endometrial cancer to be conducted at The University of Texas M.D. Anderson Cancer Center and at the University of Alabama at Birmingham
- Presented initial clinical data from an investigator-sponsored Phase 1b/2a dose escalation and dose expansion study of DKN-01 as a monotherapy or in combination with docetaxel in metastatic castration-resistant prostate cancer (mCRPC) at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting
- Cash and cash equivalents totaled $90.9 million at June 30, 2022, expected to provide financial runway to mid-2024
"The Company has made important steps during the second quarter to expand the development of DKN-01 with the initiation of a randomized controlled clinical trial in combination with BeiGene's tislelizumab and chemotherapy in first-line G/GEJ cancer patients. The results to date from Part A and B of our DisTinGuish study have been compelling, and we look forward to further data readouts in the second half of the year," said Douglas E. Onsi, President and Chief Executive Officer of Leap. "We are also excited to initiate a company-sponsored study in second-line colorectal cancer patients and to support an investigator-initiated study with Merck's anti-PD-1 antibody pembrolizumab in endometrial cancer patients, as part of a broad strategy for the global development of DKN-01."
DKN-01 Development Update
DKN-01 is a humanized monoclonal antibody that binds to and blocks the activity of the DKK1 protein. DKK1 modulates the Wnt/Beta-catenin and PI3kinase/AKT signaling pathways, which play an important role in tumor cell signaling and in mediating an immuno-suppressive tumor microenvironment through enhancing the activity of myeloid-derived suppressor cells and downregulating NK cell ligands on tumor cells.
- Leap and BeiGene Announced Initiation of Part C of the Ongoing DisTinGuish Study to Evaluate DKN-01, in Combination with Tislelizumab and Chemotherapy Compared to a Tislelizumab and Chemotherapy Control Arm, in Patients with G/GEJ. The DisTinGuish study (NCT04363801) is a Phase 2 study of DKN-01 in combination with tislelizumab and standard of care (SOC) chemotherapy in patients with inoperable, locally advanced, G/GEJ adenocarcinoma. Part C of the DisTinGuish study will enroll approximately 160 first-line, HER2-negative patients who have had no prior therapy for unresectable locally advanced or metastatic G/GEJ adenocarcinoma. Patients will be randomized 1:1 to study DKN-01 in combination with tislelizumab and SOC chemotherapy, compared to tislelizumab and SOC chemotherapy. The primary objective of Part C is progression-free survival (PFS) in patients whose tumors express high levels of DKK1 (DKK1-high). Secondary objectives of Part C include PFS in all patients regardless of DKK1 expression, as well as overall survival (OS) and objective response rate (ORR) as measured by RECIST v1.1 in DKK1-high and all patients.
- Leap Announced Initiation of the DeFiance Study of DKN-01 in Combination with SOC Bevacizumab and Chemotherapy in Second-line Patients with CRC. The DeFianCe study (NCT05480306) is a Phase 2 study of DKN-01 in combination with bevacizumab and SOC chemotherapy in patients with advanced CRC who have received one prior systemic therapy. The study is designed with an initial 20 patient cohort and to then expand into a 130 patient randomized controlled trial against bevacizumab and SOC chemotherapy. The primary objective is PFS. Secondary objectives include ORR, duration of response (DOR), and OS.
- Leap Announced the Support of an Investigator-initiated Trial of DKN-01 Plus Pembrolizumab in Patients with Endometrial Cancer to be Conducted at The University of Texas M.D. Anderson Cancer Center and at the University of Alabama at Birmingham. The investigator-initiated trial of DKN-01 in combination with pembrolizumab is an open-label, Bayesian design, Phase 2 trial and will initially enroll 15 patients each into DKK1-high and DKK1-low cohorts. If the efficacy criteria is met in either or both of the 15 patient cohort(s), then the cohort(s) will be expanded by an additional 15 patients. The primary objective of the study is ORR. Secondary objectives include clinical benefit rate (CBR), PFS, OS, and DOR.
- Leap Presented Initial Clinical Data from the Investigator-Sponsored Study of DKN-01 Plus Docetaxel in Patients with Prostate Cancer at the 2022 ASCO Annual Meeting. In May 2022, the Company presented initial clinical data from the investigator-sponsored Phase 1b/2a dose escalation and dose expansion study testing DKN-01 as monotherapy or in combination with docetaxel in mCRPC. Highlights from the data include:
Selected Second Quarter 2022 Financial Results
Net Loss was $17.0 million for the second quarter 2022, compared to $9.5 million for the same period in 2021. The increase was primarily due to an increase in manufacturing costs related to clinical trial material, an increase in clinical trial costs due to patient enrollment and the duration of patients on study in the DisTinGuish trial and an increase in the number of research and development employees to support the development of DKN-01.
Research and development expenses were $14.0 million for the three months ended June 30, 2022, compared to $7.2 million for the three months ended June 30, 2021. The increase in research and development expenses was due to an increase of $5.2 million in manufacturing costs related to clinical trial material and manufacturing campaigns, an increase of $1.2 million in clinical trial costs due to patient enrollment and duration of patients on study, an increase of $0.4 million in payroll and other related expenses due to an increase in headcount of our research and development full time employees, and an increase of $0.2 million in stock based compensation expense due to new stock options and restricted stock units granted to research and development full time employees, offset by a decrease of $0.2 million in consulting fees.
General and administrative expenses were $2.9 million for the three months ended June 30, 2022, compared to $2.8 million for the three months ended June 30, 2021. The increase in general and administrative expenses was due to an increase of $0.1 million in stock based compensation expense due to new stock options and restricted stock units granted to general and administrative full time employees.
Cash and cash equivalents totaled $90.9 million at June 30, 2022. Additionally, short-term research and development incentive receivable totaled $1.1 million.
About Leap Therapeutics
Leap Therapeutics (Nasdaq: LPTX) is focused on developing targeted and immuno-oncology therapeutics. Leap's most advanced clinical candidate, DKN-01, is a humanized monoclonal antibody targeting the Dickkopf-1 (DKK1) protein. DKN-01 is in clinical trials in patients with esophagogastric, colorectal, and gynecologic cancers. Leap has entered into a strategic collaboration with BeiGene, Ltd. for the rights to develop DKN-01 in Asia (excluding Japan), Australia, and New Zealand. For more information about Leap Therapeutics, visit http://www.leaptx.com or view our public filings with the SEC that are available via EDGAR at http://www.sec.gov or via https://investors.leaptx.com/.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, which involve risks and uncertainties. These statements include Leap's expectations with respect to the development and advancement of DKN-01, including the initiation, timing and design of future studies, enrollment in clinical studies, potential for the receipt of future option exercise, milestone, or royalty payments from BeiGene, financial runway, and other future expectations, plans and prospects. Although Leap believes that the expectations reflected in such forward-looking statements are reasonable as of the date made, forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from our expectations. Such risks and uncertainties include, but are not limited to: that the initiation, conduct, and completion of clinical trials, laboratory operations, manufacturing campaigns, and other studies may be delayed, adversely affected, or impacted by COVID-19, global conflict or supply chain related issues; unstable global market and economic conditions; the accuracy of our estimates regarding expenses, future revenues, capital requirements and needs for financing; the outcome, cost, and timing of our product development activities and clinical trials; the uncertain clinical development process, including the risk that clinical trials may not have an effective design or generate positive results; our ability to obtain and maintain regulatory approval of our drug product candidates; the size and growth potential of the markets for our drug product candidates; our ability to continue obtaining and maintaining intellectual property protection for our drug product candidates; and other risks. Detailed information regarding factors that may cause actual results to differ materially is included in Leap Therapeutics' periodic filings with the SEC, including Leap's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as filed with the SEC on March 11, 2022 and as may be updated by Leap's Quarterly Reports on Form 10-Q and the other reports Leap files from time to time with the SEC. Any forward-looking statement contained in this release speaks only as of its date. Leap undertakes no obligation to update any forward-looking statement contained in this release to reflect events or circumstances occurring after its date or to reflect the occurrence of unanticipated events.
CONTACT:
Douglas E. Onsi
President & Chief Executive Officer
Leap Therapeutics, Inc.
617-714-0360
donsi@leaptx.com
Matthew DeYoung
Investor Relations
Argot Partners
212-600-1902
leap@argotpartners.com
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SOURCE Leap Therapeutics, Inc. | https://www.kxii.com/prnewswire/2022/08/12/leap-therapeutics-reports-second-quarter-2022-financial-results/ | 2022-08-12T12:35:12Z |
Agency celebrates with a look back at how it got there (Hint: It took a lot of heart)
MILWAUKEE, May 16, 2022 /PRNewswire/ -- The B2B Marketing US Agencies Benchmarking Report for 2022 named Bader Rutter the No. 1 U.S. B2B agency for the second time in three years. This report ranks the top 39 B2B marcom agencies in the United States.
"I am so proud of all our people — both our extremely talented staff and the incredible clients we're lucky to serve — for enabling this prestigious ranking," said Jeff Young, CEO of Bader Rutter. "B2B is never boring. B2B is braver, bolder and better than ever before. And we're here for it."
B2Braver Means Putting the Clients' B First
Bader Rutter lives its core value to be a fierce champion of our clients' success. "In business, we tend to downplay nonlogical arguments," said David Jordan, president of Bader Rutter. "But the truth is, when was the last time anyone rationalized their way into your heart? Brands must act the same way to drive business results. Intrigue and empathy are incredibly powerful drivers and when heart is engaged, logic holds little sway." And we trigger these emotions by elevating the important stories that need to be told.
Bader Rutter produced and directed an original documentary, Direct Positive, for TEMPO Milwaukee, the largest professional women's group in Wisconsin. The film shares unfiltered stories of women in leadership. It's being featured at both the Milwaukee Film Festival and San Francisco Documentary Festival.
Bader Rutter also co-founded a nonprofit, the Veterinary Hope Foundation, to bring important attention to the mental health crisis in the veterinary profession. In less than a year, the agency turned a desire to help the veterinary community into a 501(c)(3) nonprofit with a full board of directors and roster of corporate benefactors. Bader Rutter also created a website and full suite of collateral materials to assist in fundraising, helping to secure foundational partners and donors.
B2Bolder Gets You Known and Noticed
Bader Rutter's awards mantle is filling up. This year alone, the agency has won the following:
- 44 National Agri-Marketing Association awards
- 4 Vetty Awards for pet health marketing
- 3 Association of National Advertisers B2 awards
- 1 Dieline Award recognizing the world's best designed packaging
- Shortlist for The One Show
- Shortlist for The Drum Awards for Marketing
- Chief Marketer's Top Marketing Agencies of the Year 2022
- PRWeek Top Agencies of the Year 2022
- #1 Global marcom agency in partnership with BBN by B2B Marketing
- #1 Agrimarketing Agency by Agri Marketing Magazine
And this award-winning imagination and innovation stems from great client partnerships. In fact, when the Milwaukee Bucks needed to find a new jersey patch sponsorship, the organization turned to Bader Rutter for help. The agency found a way to grab the attention of leading global brand CMOs by sending them one of Giannis Antetokounmpo's size 16 Nike Air Zoom Freak 1 basketball shoes. And not just an off-the-shelf Nike shoe, but one custom-designed for each potential sponsor brand. Ultimately, the team signed a new multiyear, multimillion-dollar agreement with Motorola. Not only did this effort achieve its original objective but also it led to the signing of four other meaningful brand sponsorships.
"It's a great time to be a B2B agency," Jordan said. "After all, before any of us put on the mindset of a marketer, veterinarian, warehouse manager or producer, we are simply people — people who feel before we think. We get that. Deeply."
Media: Click here for downloadable video and images.
About Bader Rutter
Bader Rutter is a full-service advertising and marketing agency with offices in Milwaukee and Chicago. It is the largest agricultural marketing agency and the leading B2B marcom agency in the country, as well as the leading B2B marcom agency in the world with global agency partner BBN International. With around 245 full-time employees in 13 states, Bader Rutter offers a full array of advertising, digital and social media, public relations, business consulting, and design capabilities. The employee-owned agency's expertise includes core work in agriculture, the food production system, pet care and animal health, manufacturing, insurance and financial services.
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SOURCE Bader Rutter & Associates | https://www.wibw.com/prnewswire/2022/05/16/bader-rutter-named-no-1-b2b-agency-again/ | 2022-05-16T19:16:28Z |
DALLAS (KDAF) — It’s a good and bad thing to be put on lists sometimes but in terms of outdoor wedding destinations, North Texas has landed in the green and among the top 100 according to a study from Lawn Love.
Lawn Love did future married couples a favor and ranked 2022’s Best Cities for Outdoor Wedding, “In over 190 cities, we compared the number of outdoor wedding venues, the average size of yards, access to various wedding services like caterers, bridal and tuxedo shops, bakeries, and many more.”
Now, if you’re getting hitched and want to explore the top 10, you might be traveling to California, New Jersey, Arizona or even Louisiana. But if you’re looking to tie the knot in North Texas, you’re in great hands.
- No. 43: Irving
- No. 75: Plano
- No. 90: McKinney
- No. 91: Frisco
And just shy of the top 100 was Dallas, coming in at 105. Other Texas cities on the list include, Austin (63), Midland (102), Amarillo (111), Mesquite (119), Fort Worth (122), Garland (128) and more. Texas even had two among the 10 worst cities for outdoor weddings (Pasadena, Killeen).
Check out the full study from Lawn Love here. | https://cw33.com/news/local/north-texas-cities-among-top-100-for-outdoor-weddings-u-s/ | 2022-05-04T18:58:59Z |
Much warmer for Monday before rain and snow comes back on Tuesday
TONIGHT: Mostly cloudy skies will be present throughout the night. There could be stray snow showers in the evening hours for western WY, but besides that, most of the area will not see any rain or snow. Winds will calm down to be between 5-15 mph. Low temperatures get down to the 30's.
TOMORROW: We will have sunshine and partly cloudy skies out for the entire day tomorrow and there should be no chances for any rain or snow across our skies. Winds will be slightly breezy between 10-20 mph. High temperatures will take a massive 15-20 degree increase with high's reaching the 60's and 70's in the valleys and 50's in the mountains.
LONG TERM: Mountain snow and isolated rain showers will come then on Tuesday before drying back up on Wednesday. We round out the work week with more chances for valley rain and mountain snow for Thursday thru Saturday. It will be very windy with sustained winds between 25-35 mph on Tuesday before slightly calming down to be between 10-20 mph for much of the rest of the week. High's decrease to the 40's and 50's on Tuesday and look to remain that way until Sunday of next weekend when high's could get back up to the 60's. | https://localnews8.com/weather/local-forecast/2022/04/17/much-warmer-for-monday-before-rain-and-snow-comes-back-on-tuesday/ | 2022-04-18T01:14:03Z |
Brake innovator to showcase new product line, debut Stellar Performance Award at renowned vintage racing event
SANTA ROSA, Calif., Aug. 2, 2022 /PRNewswire/ -- Orbis Brakes is launching its innovative line of Periodic Wave™ disc brakes in a dramatic way, serving as the Preferred Brake of the 2022 Rolex Monterey Motorsports Reunion August 17- 20 at WeatherTech Raceway Laguna Seca.
This year's Rolex Reunion will curate the largest exhibition of winning or historically significant Le Mans cars ever assembled for display and exhibition laps. It is one of only two events worldwide to feature cars currently in private collections or museums returned to racetrack performance. The four-day event is a featured attraction of Monterey Car Week.
The Rolex Monterey Motorsports Reunion represents the first event sponsorship for Orbis Brakes, the Northern California company that is making news through a partnership with NASA that produced the Periodic Wave™ disc brake, a proprietary design that uses advanced aerodynamics to provide superior surface cooling, reduce dangerous brake fade, and extend vehicle range and fuel efficiency. Orbis Brakes has also attracted attention with its potential to lower environmental impact. Weighing 50% less on average than conventional cast iron brakes, Orbis Brakes are expected to lower carbon consumption across the supply chain, while reducing harmful brown emissions.
Attendees at Laguna Seca will be given a first look at Orbis brake designs, including the NextWave™ and FutureWave™ models engineered to bridge the full brake spectrum.
Orbis will also use the Monterey spotlight to present the first ever Stellar Performance in Braking Award, an honor bestowed to drivers exhibiting superior braking maneuvers on the racetrack. The first award will be given to Alex Zanardi in honor of his last lap pass of Bryan Herta in the final race of the 1996 PPG Indy Car World Series at the same Laguna Seca raceway, still considered one of the greatest passes in the history of motorsports. Another Stellar Performance Award will be awarded to one of this year's Rolex Reunion competitors as determined by a panel of judges. The Stellar Performance in Braking will become an ongoing award from Orbis, using in-car footage submitted by drivers and teams.
Orbis Brakes will host a Pre-Award Ceremony, Trophy Display & Moet Champagne Toast prior to its presentation of the Stellar Performance in Braking Award on Saturday, August 20th, 4:45 to 5:45 at the Orbis Brakes Booth located in the paddock across from the Le Mans Heritage display.
MotorTrend
https://www.motortrend.com/news/nasa-orbis-high-performance-brakes-tesla-model-s-plaid/
GearJunkie
https://gearjunkie.com/motors/orbis-brakes
Invest in Orbis Brakes on StartEngine
https://www.startengine.com/orbis-brakes/
Media Contact:
Chance Claxton
Phone: 415.310.8780
Email: chance@orbisbrakes.com
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SOURCE Orbis Brakes Inc. | https://www.kxii.com/prnewswire/2022/08/02/orbis-brakes-launches-historic-fashion-preferred-brake-rolex-monterey-motorsports-reunion/ | 2022-08-02T16:27:52Z |
Delivers solid second quarter results with high teens New Equipment order growth, mid-single digit organic Service sales growth and low teens adjusted EPS growth
- 2Q Net sales down 5.8% and organic sales up 0.4%. GAAP EPS ~flat and adjusted EPS up 11.7%
- 2Q New Equipment orders up 16.5%; NE backlog up 6%, adjusted backlog up 10% at constant currency
- 2Q Maintenance portfolio units were up nearly 3.5%
- YTD GAAP cash flow from operations of $857 million; free cash flow of $800 million, or 127% of net income
- Completed the delisting of Zardoya Otis and reached an agreement to divest our Russia business with closing expected imminently
- Revised full-year outlook1 with organic sales up 2.5 to 3.5%, adjusted EPS of $3.17 to $3.21 and free cash flow of ~$1.6 billion
FARMINGTON, Conn., July 27, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported second quarter 2022 net sales of $3.5 billion with 0.4% organic growth. GAAP diluted earnings per share (EPS) of $0.76 was flat versus the prior year and adjusted EPS increased 11.7% to $0.86.
"Otis completed a strong first half, delivering a solid second quarter with record New Equipment orders and the best maintenance portfolio growth in over a decade. We grew adjusted EPS low teens, driven by strong organic growth in the Service business and productivity performance in both segments that helped to overcome the impact of lockdowns in China, higher commodity prices and significant headwinds from the strengthening of the US Dollar," said Judy Marks, Chair, CEO & President. "Looking ahead, we expect to deliver 2.5 to 3.5% organic sales growth, high single digit adjusted EPS growth and $1.6 billion in free cash flow in 2022. We'll continue to advance our long-term strategy and drive operational execution to set a strong foundation for continued performance in 2023 and beyond."
Key Figures
Second quarter net sales of $3.5 billion decreased 5.8% versus the prior year with a 0.4% increase in organic sales that was more than offset by a 5.3% headwind from foreign exchange.
Second quarter GAAP operating profit of $487 million decreased $74 million and adjusted operating profit of $541 million decreased $21 million. Excluding a $37 million impact from foreign exchange translation, operating profit increased $16 million driven by strong Service segment performance and lower corporate costs, partially offset by operating profit decline in New Equipment. GAAP operating profit margin contracted 120 basis points to 14.0% and adjusted operating profit margin expanded 20 basis points to 15.7%, driven by margin expansion in Service.
GAAP EPS of $0.76 was flat compared to prior year and adjusted EPS of $0.86 increased 11.7% or $0.09 as the benefit from operational improvement, continued progress on reducing the effective tax rate, a lower share count and the Zardoya transaction, was partially offset by a $0.06 headwind from foreign exchange translation. GAAP EPS was also impacted by non-recurring charges and operational performance of the Russia business, and higher restructuring expense.
First half net sales decreased 2.9% from a 1.6% increase in organic sales more than offset by a 4.1% headwind from foreign exchange. GAAP and adjusted operating profit decreased $57 million and $7 million, respectively. Adjusted operating profit was up $50 million at constant currency. GAAP operating profit margin contracted 40 basis points and adjusted operating profit margin expanded 30 basis points.
New Equipment
In the second quarter, net sales of $1.5 billion decreased 11.2% with a 5.0% decrease in organic sales and a 3.8% headwind from foreign exchange. Organic sales growth of high single digits in Asia Pacific and low single digits in EMEA was more than offset by mid-single digit decline in the Americas and low teens decline in China.
GAAP operating profit of $99 million decreased $48 million and adjusted operating profit of $113 million decreased $29 million as material and installation productivity and reductions in SG&A expense was more than offset by the impact from lower volume, including related under absorption, and $35 million of commodity headwinds. GAAP operating profit was also impacted by non-recurring charges and operational performance of the Russia business, and higher restructuring expense. GAAP operating profit margin contracted 200 basis points to 6.5% and adjusted operating profit margin contracted 100 basis points to 7.5%.
New Equipment orders were up 16.5%, at constant currency as more than 50% growth in the Americas and ~30% growth in EMEA was partially offset by mid-single digit decline in Asia. New equipment backlog increased 6% and adjusted backlog increased 10% at constant currency, with growth in all regions.
First half net sales decreased 7.2% with a 3.2% decrease in organic sales and a 2.7% headwind from foreign exchange. GAAP operating profit decreased $59 million and adjusted operating profit decreased $34 million as productivity and lower bad debt expense was more than offset by the impact from lower volume, including related under absorption, and more than $70 million in commodity headwinds. GAAP and adjusted operating profit margin contracted 140 basis points and 70 basis points, respectively.
Service
In the second quarter, net sales of $2.0 billion decreased 1.0% with a 5.2% increase in organic sales and a 6.5% headwind from foreign exchange. Organic maintenance and repair sales increased 4.9% and organic modernization sales increased 6.4%.
GAAP operating profit of $435 million decreased $6 million. Adjusted operating profit of $449 million increased $39 million at constant currency driven by higher volume, favorable pricing and productivity, partially offset by annual wage inflation. GAAP operating profit margin was flat versus prior year and adjusted operating profit margin expanded 50 basis points to 23.1%.
First half net sales increased 0.6% with a 5.5% increase in organic sales and a 5.1% headwind from foreign exchange. GAAP operating profit increased $11 million and adjusted operating profit increased $21 million and $79 million at constant currency, driven by higher volume, favorable pricing and productivity, partially offset by annual wage inflation. GAAP and adjusted operating profit margin expanded 20 basis points and 40 basis points, respectively.
Cash flow
Second quarter cash from operations of $353 million decreased $180 million and free cash flow of $326 million decreased $167 million versus prior year, primarily from the timing of interest and separation related tax payments.
2022 Outlook1
Otis is revising its full year outlook:
- Adjusted net sales of $13.6 to $13.8 billion, down 2 to 3%
- Organic sales up 2.5 to 3.5%
- Adjusted operating profit of $2.1 to $2.2 billion, up $120 to $150 million at constant currency; up $5 million to down $25 million at actual currency
- Adjusted EPS of $3.17 to $3.21, up 7 to 9%; adjusted effective tax rate of 26.5 to 26.7%
- Free cash flow of ~$1.6 billion with conversion of approximately 125% of GAAP net income
1Note: When we provide outlook for organic sales, adjusted operating profit, adjusted effective tax rate and free cash flow on a forward-looking basis, a reconciliation of the differences between the non-GAAP expectations and the corresponding GAAP measures generally is not available without unreasonable effort. See "Use and Definitions of Non-GAAP Financial Measures" below for additional information.
About Otis
Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2 billion people a day and maintain more than 2.1 million customer units worldwide, the industry's largest maintenance portfolio. Headquartered in Connecticut, USA, Otis is 70,000 people strong, including 41,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. For more information, visit www.otis.com and follow us on LinkedIn, Instagram, Facebook and Twitter @OtisElevatorCo.
Use and Definitions of Non-GAAP Financial Measures
Otis Worldwide Corporation ("Otis") reports its financial results in accordance with accounting principles generally accepted in the United States ("GAAP"). We supplement the reporting of our financial information determined under GAAP with certain non-GAAP financial information. The non-GAAP information presented provides investors with additional useful information, but should not be considered in isolation or as substitutes for the related GAAP measures. Moreover, other companies may define non-GAAP measures differently, which limits the usefulness of these measures for comparisons with such other companies. We encourage investors to review our financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. A reconciliation of the non-GAAP measures (referenced in this press release) to the corresponding amounts prepared in accordance with GAAP appears in the attached tables. These tables provide additional information as to the items and amounts that have been excluded from the adjusted measures.
Adjusted net sales, organic sales, adjusted selling, general and administrative ("SG&A") expense, adjusted operating profit, adjusted net income, adjusted diluted earnings per share ("EPS"), adjusted effective tax rate, adjusted remaining performance obligation ("RPO"), constant currency and free cash flow are non-GAAP financial measures.
Adjusted net sales represents net sales (a GAAP measure), excluding significant items of a non-recurring and/or nonoperational nature ("other significant items").
Organic sales represents consolidated net sales (a GAAP measure), excluding the impact of foreign currency translation, acquisitions and divestitures completed in the preceding twelve months and other significant items. Management believes organic sales is a useful measure in providing period-to-period comparisons of the results of the Company's ongoing operational performance.
Adjusted SG&A expense represents SG&A expense (a GAAP measure), excluding restructuring costs and other significant items.
Adjusted general corporate expenses and other represents general corporate expenses and other (a GAAP measure), excluding restructuring costs and other significant items.
Adjusted operating profit represents income from continuing operations (a GAAP measure), excluding restructuring costs and other significant items.
Adjusted net interest expense represents net interest expense (a GAAP measure), adjusted for the impacts of non-recurring acquisition related financing costs and related net interest expense pending the completion of a transaction.
The adjusted effective tax rate represents the effective tax rate (a GAAP measure) adjusted for other significant items and the tax impact of restructuring costs and other significant items.
Adjusted net income represents net income attributable to Otis Worldwide Corporation (a GAAP measure), excluding restructuring costs and other significant items, adjusted net interest expense and adjusted effective tax expense. Adjusted EPS represents diluted earnings per share from attributable to common shareholders (a GAAP measure), adjusted for the per share impact of restructuring and other significant items.
Adjusted RPO represents RPO (a GAAP measure) excluding other significant items.
Management believes that adjusted net sales, organic sales, adjusted SG&A, adjusted general corporate expenses and other, adjusted operating profit, adjusted net income, adjusted EPS, the adjusted effective tax rate and adjusted RPO are useful measures in providing period-to-period comparisons of the results of the Company's ongoing operational performance.
Additionally, GAAP financial results include the impact of changes in foreign currency exchange rates ("AFX"). We use the non-GAAP measure "at constant currency" or "CFX" to show changes in our financial results without giving effect to period-to-period currency fluctuations. Under U.S. GAAP, income statement results are translated in U.S. dollars at the average exchange rate for the period presented. Management believes that this non-GAAP measure is useful in providing period-to-period comparisons of the results of the Company's ongoing operational performance.
Free cash flow is a non-GAAP financial measure that represents cash flow from operations (a GAAP measure) less capital expenditures. Management believes free cash flow is a useful measure of liquidity and an additional basis for assessing Otis' ability to fund its activities, including the financing of acquisitions, debt service, repurchases of common stock and distribution of earnings to shareholders.
When we provide our expectations for adjusted net sales, organic sales, adjusted operating profit, adjusted net income, adjusted effective tax rate, adjusted EPS and free cash flow on a forward-looking basis, a reconciliation of the differences between the non-GAAP expectations and the corresponding GAAP measures (expected diluted EPS from continuing operations, operating profit, the effective tax rate, net sales and expected cash flow from operations) generally is not available without unreasonable effort due to potentially high variability, complexity and low visibility as to the items that would be excluded from the GAAP measure in the relevant future period, such as unusual gains and losses, the ultimate outcome of pending litigation, fluctuations in foreign currency exchange rates, the impact and timing of potential acquisitions and divestitures, and other structural changes or their probable significance. The variability of the excluded items may have a significant, and potentially unpredictable, impact on our future GAAP results.
Cautionary Statement
This communication contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities laws. From time to time, oral or written forward-looking statements may also be included in other information released to the public. These forward-looking statements are intended to provide management's current expectations or plans for Otis' future operating and financial performance, based on assumptions currently believed to be valid. Forward-looking statements can be identified by the use of words such as "believe," "expect," "expectations," "plans," "strategy," "prospects," "estimate," "project," "target," "anticipate," "will," "should," "see," "guidance," "outlook," "medium-term," "near-term," "confident," "goals" and other words of similar meaning in connection with a discussion of future operating or financial performance, the pending sale of Otis' Russia business, the tender offer by Otis to acquire the remaining issued and outstanding shares of Zardoya Otis, S.A (the "Tender Offer") and the separation (the "Separation") from United Technologies Corporation (now known as Raytheon Technologies Corporation ("RTX")). Forward-looking statements may include, among other things, statements relating to future sales, earnings, cash flow, results of operations, uses of cash, dividends, share repurchases, tax rates, research & development spend, credit ratings, net indebtedness and other measures of financial performance or potential future plans, strategies or transactions of Otis, including the sale of its Russia business, statements that relate to climate change and our intent to achieve certain environmental, social and governance targets or goals, including operational impacts and costs associated therewith, and other statements that are not historical facts. All forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. For those statements, Otis claims the protection of the safe harbor for forward-looking statements contained in the U.S. Private Securities Litigation Reform Act of 1995. Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which Otis and its businesses operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction, pandemic health issues (including COVID-19 and variants thereof and the ongoing economic recovery therefrom and their effects on, among other things, global supply, demand and distribution), natural disasters, whether as a result of climate change or otherwise, and the financial condition of Otis' customers and suppliers; (2) the effect of changes in political conditions in the U.S. and other countries in which Otis and its businesses operate, including the effects of the ongoing conflict between Russia and Ukraine and related sanctions and export controls, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (3) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (4) future levels of indebtedness, capital spending and research and development spending; (5) future availability of credit and factors that may affect such availability, credit market conditions and Otis' capital structure; (6) the timing and scope of future repurchases of Otis' common stock ("Common Stock"), which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash; (7) fluctuations in prices and delays and disruption in delivery of materials and services from suppliers, whether as a result of COVID-19, the ongoing conflict between Russia and Ukraine or otherwise; (8) cost reduction or containment actions, restructuring costs and related savings and other consequences thereof; (9) new business and investment opportunities; (10) the outcome of legal proceedings, investigations and other contingencies; (11) pension plan assumptions and future contributions; (12) the impact of the negotiation of collective bargaining agreements and labor disputes; (13) the effect of changes in tax, environmental, regulatory (including among other things import/export) and other laws and regulations in the U.S. and other countries in which Otis and its businesses operate, including as a result of the ongoing conflict between Russia and Ukraine; (14) the ability of Otis to retain and hire key personnel; (15) the scope, nature, impact or timing of acquisition and divestiture activity, including the sale of Otis' Russia business, the integration of acquired businesses into existing businesses and realization of synergies and opportunities for growth and innovation and incurrence of related costs; (16) the ability to achieve the expected benefits of the Tender Offer and the timing thereof; (17) the ability to achieve the expected benefits of the Separation; (18) the determination by the Internal Revenue Service and other tax authorities that the distribution or certain related transactions should be treated as taxable transactions; and (19) the amount of our obligations and nature of our disputes that have or may hereafter arise under the agreements we entered into with RTX and Carrier Corporation in connection with the Separation. The above list of factors is not exhaustive or necessarily in order of importance. For additional information on identifying factors that may cause actual results to vary from those stated in forward-looking statements, see Otis' registration statement on Form 10 and the reports of Otis on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. Any forward-looking statement speaks only as of the date on which it is made, and Otis assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
Media Contact
Katy Padgett
+1-860-674-3047
kathleen.padgett@otis.com
Investor Relations Contact
Michael Rednor
+1-860-676-6011
investor.relations@otis.com
View original content:
SOURCE Otis Worldwide Corporation | https://www.wibw.com/prnewswire/2022/07/27/otis-reports-second-quarter-2022-results/ | 2022-07-27T11:00:49Z |
MANCHESTER, England (AP) — Manchester City scored three goals in five minutes to turn around a tense and dramatic season finale and clinch a sixth Premier League title in 11 seasons, rallying to beat Aston Villa 3-2 and hold off Liverpool’s challenge on Sunday.
After starting the day in first place, City was at risk of a historic choke when it conceded twice to trail 2-0 at home to Villa.
İlkay Gündoğan’s header began the comeback in the 76th minute and Rodri equalized two minutes later by placing the ball through a tight gap into the bottom corner. The Etihad Stadium erupted in celebrations in the 81st when Gündoğan tapped in Kevin De Bruyne’s cross.
“It was an unbelievable game,” Gündoğan said. “We are human beings and, after going 2-0 down, the chances were just very, very small. But we had to do the simple things and scoring two goals quickly and then having 10 minutes to score the third one gave us the right lift.”
The importance of that goal became clearer moments later. Liverpool had been locked at 1-1 against Wolverhampton but Mohamed Salah then put the second-place team 2-1 in front in the 84th minute. That scoreline would have taken Liverpool into first place had City not just mounted its fightback to take the lead.
The jeopardy was still there — with Andy Robertson sealing Liverpool’s 3-1 win — while City would have conceded the title had it conceded a late equalizer.
City got itself into jeopardy — against a lowly team with little to play for — when Matty Cash headed Villa in front in the 37th and former Liverpool star Philippe Coutinho extended the lead in the 69th to the shock of City’s players.
Gündoğan had arrived from the bench a minute earlier, among Pep Guardiola’s second-half substitutions that would transform the game in City’s favor.
“He came on and changed the whole game,” City midfielder Phil Foden said. “He always knows where the ball is going to be in and around the box. He’s such a clever player.”
City retained the trophy by a single point after the 38th and final game in a manner that was more jittery than expected considering City briefly had a 14-point lead in January.
“We are legends,” Guardiola said. “When you win four in five then it’s because these guys are so special. We will be remembered.”
This was the first time since Guardiola took charge in 2016 that City has sealed the title in front of its own fans who spilled onto the field in their thousands at the final whistle against Villa.
Although it went down to the wire, it wasn’t as agonizingly late as 10 years ago when City’s first Premier League title was only clinched with stoppage-time goals at the end of the season at the Etihad.
“This is the Man City spirit,” departing captain Fernandinho said. “You never give up. You always go to the end. It happened 10 years ago and it’s happened again.”
The 2012 success — City’s first championship crown in 44 years with Roberto Mancini as manager — ushered in the era of dominance enjoyed by a club transformed by the influx of investment from Abu Dhabi.
City is now enjoying the steady stream of titles it once had to watch crosstown rival United gather up under Alex Ferguson. The rise of City coincided with the retirement of the Scot — who won the Premier League 13 times from 1993 to 2013 — and the decline of Manchester United.
But while United has a record 20 English titles, City only moved onto eight, including the championship successes in 1937 and 1968 long before the inception of the Premier League. A sign of how distant these rivals are now on the field is City finishing 35 points ahead of its sixth-place neighbor.
Liverpool is the greater threat to Guardiola’s side. In the last five seasons, the only time City didn’t win the trophy was when Liverpool’s 30-year title drought ended in 2020.
It will, however, be another season ending with City unable to win the biggest prize in European football — the Champions League — while Liverpool will contest the final against Real Madrid on Saturday.
While Liverpool’s net spending on transfers has been around $250 million in the last five years, City’s has been more than $530 million.
City’s financial might wasn’t enough to convince Tottenham to sell Harry Kane ahead of this season, leaving Guardiola to achieve this title without a recognizable striker. Yet, City was able to break the British transfer record to sign Jack Grealish for 100 million pounds ($139 million) and still not bring the midfielder off the bench on Sunday against his former club.
City has already reinforced its attack for next season, with a deal clinched with Borussia Dortmund to sign Erling Haaland for 60 million euros ($63 million), adding one of Europe’s most exciting young forwards into the squad.
Still, concerns remain for human rights activists and less wealthy rivals about the club’s Abu Dhabi ownership and its actions.
Human rights violations by the United Arab Emirates are glossed over by City fans who largely overlook how their club has been used by a state as a tool of soft power that exploits the glamor of the world’s biggest sport to cleanse its image.
City owner Sheikh Mansour has only been seen at one game during his 14 years as owner. Mansour, who is deputy prime minister of the UAE, was condemned by the British government for recently hosting Syrian President Bashar al-Assad.
City was fined €10 million ($12 million) in 2020 for obstructing a UEFA investigation into its finances following leaks of internal correspondence at the club but a Champions League ban was overturned.
Despite Premier League investigations continuing into City’s conduct, including whether inflated Abu Dhabi-linked sponsorship deals boosted income, Guardiola has long rejected concerns about the way his squad has been funded.
“Tomorrow we can celebrate together in the Manchester streets with cigars and beers,” the former Barcelona and Bayern Munich coach said after winning a 10th league title in management.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/man-city-clinches-6th-premier-league-title-in-11-seasons/ | 2022-05-23T13:31:08Z |
HONG KONG (AP) — Hong Kong leader Carrie Lam said Monday she wouldn’t seek a second term after a rocky five years marked by huge protests calling for her resignation, a security crackdown that has quashed dissent and most recently a COVID-19 wave that overwhelmed the health system.
Her successor will be picked in May, with the city’s hard-line security chief during the 2019 protests seen as a likely choice.
“I will complete my five-year term as chief executive on the 30th of June this year, and I will also call an end to my 42 years of public service,” Lam said at a news conference. The 64-year-old career civil servant said she plans to spend more time with her family, which is her “sole consideration.”
Speculation had swirled for months about whether she would seek another term, and she repeatedly declined to comment on the possibility. But on Monday, she said her decision had been conveyed to the central government in Beijing last year and was met with “respect and understanding.”
Her time in office will likely be remembered as a turning point during which Beijing firmly established control over the former British colony, which was returned to China in 1997. For years, the city rocked back and forth between calls for more freedom and growing signs of China extending its reach, chipping away at a promise by the mainland government to give Hong Kong the power to govern itself semi-autonomously for 50 years.
Lam’s popularity sharply declined over her five-year term, particularly over legislation that would have allowed criminal suspects to be extradited to mainland China for trial and her leadership during the protests that ensued in 2019. The mass demonstrations were marked at times by violent clashes between police and protesters. Authorities in Hong Kong and Beijing insisted that overseas forces were fueling the movement, rather than local activism, while protesters denounced the police crackdown as excessive and said that claims of sedition were attempts to undermine the pro-democracy cause.
Lam said she came under great pressure because of the extradition bill, “interference from foreign forces” and the pandemic. “However, the motivation for me to press on was the very staunch support behind me by the central authorities,” she said, according to a simultaneous translation by a government interpreter.
Later, Lam strongly backed the national security law initiated by Beijing and implemented by her government that was seen as eroding the “one country, two systems” framework that promised after the handover from Britain that city residents would retain freedoms not found in mainland China, such as a free press and freedom of expression.
The security law and other police and court actions in the years since have virtually erased the city’s pro-democracy movement, with activists and the movement’s supporters either arrested or jailed. Others have fled into exile. Lam and the central government in Beijing say their actions have restored stability in Hong Kong.
Hong Kong media have reported this week that Chief Secretary John Lee, the city’s No. 2 leader, is likely to enter the race to succeed Lam. Lee rose through the ranks as a police officer to become deputy commissioner in 2010, and was the city’s secretary of security during the 2019 protests. He is known for his support for the police force during the protests and his tough stance against protesters.
Hong Kong’s leader is elected by a committee made up of lawmakers, representatives of various industries and professions, and pro-Beijing representatives such as Hong Kong deputies to China’s legislature. One of the unfulfilled demands of the 2019 protests was direct election of the city’s chief executive.
The election for the chief executive had been set on March 27 but was postponed until May 8 as the city endures its worst coronavirus outbreak.
Lam said that holding the polls as originally scheduled would pose “public health risks” even if a committee of only 1,462 people is involved.
Hong Kong has reported nearly 1.2 million cases, 99% of them during the wave driven by the highly transmissible omicron variant. It has strained the healthcare system, with hospitals at times placing patients on beds outdoors. More than 8,000 people have died in the latest outbreak, and mortuaries operating at capacity have used refrigerated containers to temporarily store bodies.
Lam’s government has been widely criticized for flip-flopping policies, including mixed messaging in February and March on whether a lockdown and compulsory mass-testing would be implemented. The uncertainty sparked panic among residents, who cleared out store shelves to hoard daily necessities.
The plans for compulsory mass-testing were dropped, and Lam last week urged all residents to test themselves with rapid antigen kits between April 8 to 10. She later said the exercise was voluntary as it was not possible to enforce.
Lam previously served as chief secretary and secretary for development and in other civil service positions. She earned the nickname “good fighter” for her tough stance and refusal to back down in political battles.
Lam renounced her British nationality in 2007 when she was appointed secretary for development. Her husband and two children have retained their British nationalities.
___
Soo reported from Singapore. Associated Press writer Ken Moritsugu contributed from Beijing. | https://cw33.com/news/international/ap-international/hong-kong-leader-carrie-lam-says-she-wont-seek-second-term/ | 2022-04-04T23:33:31Z |
New data series will serve as independent indicator of U.S. workforce and feature high-frequency jobs and pay data; first report available August 31
ROSELAND, N.J., Aug. 23, 2022 /PRNewswire/ -- ADP Research Institute (ADPRI) and the Stanford Digital Economy Lab (the Lab) have developed a new methodology for the ADP National Employment Report (NER) that will provide a more robust, high-frequency view of the labor market with a focus on both jobs and pay. Using fine-grained data, this new measure will deliver a richer labor market analysis that will help answer key economic and business questions and offer insights relevant to a broader audience.
The jobs report and pay insights, based on the payroll transactions of over 25 million U.S. workers, will provide a representative picture of the U.S. labor market each month.
- Jobs Report -- Based on anonymized and aggregated payroll data of over 25 million U.S. employees, this independent measure will detail the current month's non-farm private employment change and deliver weekly job data from the previous month. Data will be broken out by industry, business establishment size, and U.S. census region. Historical data from the previous 12 years at both monthly and weekly frequencies will be benchmarked and available at launch.
- Pay Insights – ADP's new pay measure uniquely captures the salaries of the same cohort of almost 10 million individual employees over a 12-month period. The new monthly measure will report median annual pay growth by industry, business establishment size, U.S. region, gender, and age. Quarterly reports focused on pay will expand on key areas of interest, such as bonuses, benefits, and gender gaps.
"As the labor market evolves, methods for measuring employment dynamics also need to evolve," ADP chief economist, Dr. Nela Richardson said. "Combining job and pay data in one report, coupled with high-frequency releases, will give us a clearer picture of the labor market. This real-time, independent assessment will provide business leaders, academia, economists and policymakers with a reliable read of the workforce. Our collaboration with the Stanford Digital Economy Lab will offer a stronger labor market indicator rooted in a new approach to the data. We look forward to the insights this report will deliver."
"We are in the midst of a fundamental transformation of our ability to measure and understand changes in the labor market," said Stanford Professor Erik Brynjolfsson, Director of the Lab and Senior Fellow at the Stanford Institute for Human-Centered AI. "Working with the ADP Research Institute, the Stanford Digital Economy Lab is developing real-time insights not only into job creation and loss, but also changes in pay at an unprecedented level of detail."
ADPRI and the Lab announced their collaboration in April. Aligning with ADPRI's mission, the Lab focuses on how artificial intelligence and other technologies are affecting the workforce, business, and society. The Lab is part of the Stanford Institute for Human-Centered Artificial Intelligence (HAI) and co-sponsored by the Stanford Institute for Economic Policy Research (SIEPR).
To subscribe to monthly email alerts or obtain additional information about the ADP National Employment Report, including employment and pay data, interactive charts, methodology, and a calendar of release dates, please visit https://adpemploymentreport.com/.
About the ADP National Employment Report
The ADP National Employment Report is a high-frequency measure of the change in U.S. nonfarm, private employment and pay derived from actual, anonymous payroll data of client companies served by ADP, a leading provider of human capital management solutions. The report is produced by ADP Research Institute in collaboration with the Stanford Digital Economy Lab.
The ADP National Employment Report is broadly distributed to the public each month, free of charge, as part of the company's commitment to offering deeper insights of the U.S. labor market and providing businesses and governments with a source of credible and valuable information.
About the ADP Research Institute
The ADP Research Institute delivers data-driven discoveries about the world of work and derives reliable economic indicators from these insights. We offer these findings as a unique contribution to improving the world of work and delivering actionable insights to the economy at large.
About ADP (NASDAQ: ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com.
ADP, the ADP logo, Always Designing for People, and ADP Research Institute are trademarks of ADP, Inc.
Copyright © 2022 ADP, Inc. All rights reserved.
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SOURCE ADP, Inc. | https://www.wibw.com/prnewswire/2022/08/23/adp-research-institute-stanford-digital-economy-lab-unveil-new-methodology-adp-national-employment-report/ | 2022-08-23T16:41:09Z |
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