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(The Hill) – Tensions simmered on the Senate floor early Sunday as members clashed during an overnight voting marathon over a proposal offered by Sen. Bernie Sanders (I-Vt.) to restore the party’s expanded child tax credit.
Sanders offered an amendment to revive the expanded credit, which lapsed late last year, as part of Democrats’ sprawling tax, health care and climate bill, dubbed the Inflation Reduction Act. But the Vermont independent was the only one to support the revision, as it ultimately failed in a 1-97 vote.
The vote came as the Senate hunkered down for an hours-long vote-a-rama, one of the last key hurdles Democrats have to clear to secure passage for their mammoth bill. During the often grueling, drawn-out voting session, any senator has the chance to force a floor vote on an amendment.
In floor remarks ahead of the vote on Sunday, Sanders said the amendment sought to bring back a temporary expansion to the credit that was passed in the American Rescue Plan, a sweeping coronavirus relief package Democrats passed last year.
“Pathetically, the United States has the highest child poverty rate of almost any major country on Earth, and it is especially high among young people of color,” Sanders said. “This is the wealthiest nation on Earth, we should not have the highest rate of childhood poverty of almost any country.”
“The American Rescue Plan included a $300 a month child tax credit which ended up lowering the child poverty rate in America by over 40 percent,” Sanders added, noting his amendment would restore the expanded for four years and “be fully paid for by restoring the top corporate tax rate from 21 percent to 28 percent.”
The move by Sanders drew immediate pushback from Democrats ahead of the amendment vote, who expressed support for the child tax credit provision by itself but emphasized that they could not support the change in an effort to protect the final passage of the full package.
“Sen. Sanders is right, the child tax credit is one of the most important things this body did. It brought down the child poverty rate by 40 percent almost immediately,” said Sen. Sherrod Brown (D-Ohio), who has long advocated for a renewal of the expanded credit. But he urged colleagues against voting for the amendment to avoid bringing “the bill down.”
Sen. Michael Bennet (D-Colo.) sounded a similar note, vowing to work with his colleagues on advancing the provision but arguing that it should not be moved in the climate, taxes and health care bill.
“We have to fight to make this enhanced child tax credit permanent and that’s what I will do with people on both sides of the aisle. But this does not advance that cause because we could lose the underlying bill and therefore, we should vote against the amendment,” the Colorado Democrat said.
But Sanders appeared unsatisfied with his colleagues’ positions. He shot back at Brown, asking why passing the amendment or allowing 48 Democrats to vote for it would tank the bill.
The Ohio Democrat pointed to the tenuous nature of passing legislation through budget reconciliation in an evenly split Senate, which requires all Democrats to sign on to the bill for it to clear the chamber. If the amendment were added to the bill, it could put final passage in jeopardy by dissuading a member from supporting the overall legislation.
Ahead of the weekend’s marathon debate, a number of Democrats vowed to vote against any amendments brought to the floor — even if they agree with the premise of the change — to preserve the chances of the bill passing.
“The arrangement in this is, all 50 Democrats support this. We know every single Republican has voted against the child tax credit not once last March but twice, but we know that this is a fragile arrangement and we’ve got to pass it, as much as I’d like to do it, as would Sen. Bennet,” Brown said.
At the end of his remarks, the senator could be heard saying, “Come on, Bernie.”
The amendment was one of several ambitious proposals Sanders brought up early Sunday, all of which were overwhelmingly defeated. He brought them up hours after criticizing Democrats’ Inflation Reduction Act for not going far enough on key issues like health care, child care and housing.
Sanders also offered measures aimed at ensuring Medicare pays no more for prescription drugs than the Department of Veterans Affairs (VA), and expanding Medicare coverage to include dental, oral, hearing and vision benefits as potential changes to the package.
The VA-related revision failed in a vote of 1-99, with Sanders being the sole member who voted in favor. The Medicare expansion change Sanders offered failed 3-97, after Sens. Raphael Warnock (D-Ga.), who is facing a tough reelection campaign in November, and Jon Ossoff (D-Ga.) joined the Vermont progressive in voting for it.
Sanders also introduced an amendment to establish a Civilian Climate Corps, though the amendment failed in a 1-98 vote
The amendments from Sanders came as no surprise, as the senator has repeatedly voiced frustration with the Inflation Reduction Act, which is drastically scaled down from the Democrats’ earlier Build Back Better Act (BBB) that the Vermont senator pushed hard to pass last year.
Senate Majority Leader Charles Schumer (D-N.Y.) announced a deal with Sen. Joe Manchin (D-W.Va.) on the smaller bill in late July, months after talks around the larger plan fell apart due to opposition from the West Virginia centrist.
In remarks ahead of the vote-a-rama on Saturday, Sanders aired a list of complaints with the slimmed-down bill, which he said “does not address the reality that we have more income and wealth inequality today than at any time in the last hundred years.”
“This bill does nothing to address the systemic dysfunctionality of the American health care system,” he also said, while also criticizing the bill for not doing more to address the nation’s child poverty rates or the “major housing crisis.” | https://cw33.com/news/nexstar-media-wire/come-on-bernie-dems-clash-on-senate-floor-over-sanders-child-tax-credit-proposal/ | 2022-08-07T17:45:48Z |
DOJ: Walmart and Kohl’s to pay collective $5.5 million in settlement for deceptive advertising
(Gray News) – Walmart and Kohl’s agreed to pay a collective $5.5 million in penalties as part of a settlement related to accusations of deceptive advertising from the companies.
The Department of Justice announced in a release Thursday that Walmart Inc. and Kohl’s Inc. paid $3 million and $2.5 million in civil penalties respectively in the settlement.
The settlement comes after complaints were filed against the two companies accusing them of violating the Federal Trade Commission Act and the Textile Fiber Products Identification Act and its associated rules by making deceptive claims about products that were supposedly made from bamboo.
In filed complaints, the government alleged that Walmart and Kohl’s advertised products as made of bamboo when they were actually made of rayon and did not contain any bamboo fibers.
The complaints also alleged that Walmart and Kohl’s made claims that their bamboo products were environmentally friendly, and that Kohl’s claimed these products were free of harmful chemicals. Rayon is produced using a chemical process that requires toxic chemicals and the emission of pollutants.
The Department of Justice said the companies continued doing so even though both received letters from the FTC in 2010 warning them that the improper advertising of rayon products violated the Textile Rules and FTC Act.
In addition to the penalties, Walmart and Kohl’s are also barred from making misleading or unsubstantiated claims that products are made of bamboo or have environmental benefits because they are derived from bamboo.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/05/doj-walmart-kohls-pay-collective-55-million-settlement-deceptive-advertising/ | 2022-05-06T01:20:58Z |
Man wrongly convicted in KCK murder marks his first victory in trying to free others
By Betsy Webster
Click here for updates on this story
KANSAS CITY, Missouri (KCTV) — A Kansas City area man sentenced to life for a murder he says he didn’t commit will soon be on his way to home.
On Friday, Jackson County Prosecutor Jean Peters Baker dismissed the case against Keith Carnes after the Missouri Supreme Court ruled that he didn’t get a fair trial.
The legal team representing Carnes in his appeal were working for a non-profit called Miracle of Innocence, an organization co-founded by Lamont McIntyre, whose wrongful conviction in Wyandotte County received nationwide attention.
McIntyre was freed four years ago after 23 years in prison.
“This is our first exoneree. I mean, this is big,” McIntyre said, beaming with excitement.
McIntyre has never met Carnes. He flew into Kansas City from Arizona, where he now lives, eager to welcome Carnes
“I’m going to hug him. I’m going to kiss him if he want it or not. I’m going to hug him and kiss him and let him know, I mean, I’m going to hug the guy. I know how he feels,” said McIntyre.
Keith Carnes is now 51 years old. He’s been in prison for 18 years.
The Jackson County prosecutor’s office said in a statement that there is insufficient evidence to prove that Keith Carnes fatally shot a rival drug dealer, 24-year-old Larry White, in 2003 in a Kansas City parking garage.
The announcement came just three days after the Missouri Supreme Court set aside Carnes’ first-degree murder and armed criminal action convictions, ordering him to be released from prison within 30 days unless prosecutors move to retry him.
Baker released a two-page statement which stated, in part, “Our review of the evidence does not establish that Carnes is actually innocent; however, because the evidence is also insufficient to prove guilt beyond a reasonable doubt, we cannot retry Carnes.”
One issue was that a special master who reviewed the case found that Kansas City police did not give Carnes’ original defense team a report from a confidential informant that might have led to his exoneration.
Also, two witnesses who identified Carnes as the killer recanted their testimony in 2014, saying they had been pressured by police and Jackson County prosecutors.
Another witness also said police had intimidated him when they interviewed him about the night of the killing. He said White had an argument with another drug dealer — not Carnes — and warned the other man not to come back to his property shortly before the killing.
But in a twist to the case, one of the witnesses testified last year that her original testimony was correct and said she had recanted because of threats from Carnes’ supporters.
“Eyewitness testimony is thrown into question with recantations, including a recantation of a recantation,” the prosecutor’s office said in the statement. “We also do not have physical evidence to corroborate certain eyewitness accounts.”
The statement was highly critical of Carnes supporters, alleging witnesses were pressured to recant or change their testimony.
“In short, the evidence today in Carnes case is tainted from all directions,” the statement said.
Christopher Iliff, Miracle of Innocence’s legal director, took issue with Baker’s criticism of a supporter, among other things.
“The upshot of the press release is to create an ad hominem attack upon the woman who assisted in gather critical evidence of Keith Carnes’ actual innocence and that the Special Master found her evidence credible and compelling,” Iliff wrote.
Iliff noted that the law prevents a prisoner from presenting claims of “actual innocence” unless on death row.
“He’s innocent. That’s why he’s free,” said McIntyre. “He’s got to start his life over, and no one knows how difficult that is. And the people who speak, the district attorney and all them people, they don’t care. That’s why they speak that way.”
Baker indicated she dismissed the case without prejudice, meaning she can re-file charges at a later time if she finds more evidence.
Baker’s statement stressed that the case remains under investigation, adding that witnesses indicated that there was a second person present when White was killed. The statement said law enforcement would like that person’s identify.
“We will continue to fight for justice for Mr. White and this community,” the statement said, adding that the family continues to believe Carnes was one of the killers.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/09/man-wrongly-convicted-in-kck-murder-marks-his-first-victory-in-trying-to-free-others/ | 2022-04-09T19:30:58Z |
The following statement from Brewer Science Executive Vice President and AMTP Executive Director Dan Brewer in response to the final adoption of CHIPS Act funding signed earlier today by President Biden to help boost the U.S.-based semiconductor supply chain.
ROLLA, Mo, Aug. 9, 2022 /PRNewswire/ -- "AMTP welcomes bipartisan adoption of CHIPS Act funding and its related provisions to secure and bolster domestic semiconductor production here in the United States. It is important to note, however, that more needs to be done to ensure our economic and national security, which is increasingly dependent upon such essential microelectronic components.
"In addition to spurring the domestic manufacture of these critical components, we believe Congress must also find additional ways to recognize and support the materials and supply chains necessary for any such expanded manufacturing capacity.
"Congress and the Biden Administration also need to re-examine the pending expiration of federal tax provisions designed to support science and technology research and development. At a time when our microelectronic supply chains and essential components are at risk, it would be an overall step backward to allow such incentives to lapse."
View original content to download multimedia:
SOURCE Brewer Science | https://www.kxii.com/prnewswire/2022/08/09/amtp-welcomes-chips-act-funding-says-more-needs-be-done/ | 2022-08-09T20:34:19Z |
Children treated with Dupixent and topical corticosteroids (TCS) achieved clearer skin, experienced significantly improved overall disease severity and significantly reduced itch compared to TCS alone at week 16 in a Phase 3 trial
Long-term safety data from a 52-week open-label extension trial in this age group reinforce the well-established safety profile of Dupixent observed across all other approved age groups
Dupixent is the first and only biologic medicine approved to treat moderate-to-severe atopic dermatitis from infancy through adulthood
TARRYTOWN, N.Y. and PARIS, June 7, 2022 /PRNewswire/ -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Sanofi today announced that the U.S. Food and Drug Administration (FDA) has approved Dupixent® (dupilumab) for children aged 6 months to 5 years with moderate-to-severe atopic dermatitis whose disease is not adequately controlled with topical prescription therapies or when those therapies are not advisable. Regulatory filings for this age group are underway by the European Medicines Agency and regulatory authorities in additional countries.
"Moderate-to-severe atopic dermatitis in babies and young children is more than just a rash – the intense itch can make them scratch uncontrollably throughout the day and night and cause their skin to crack and bleed," said Julie Block, President and Chief Executive Officer at National Eczema Association. "Caregivers do their best to manage skincare routines multiple times a day, but for many, topical treatments are not enough. We're pleased to see how scientific innovation and research continues to address unmet needs for the atopic dermatitis community, and we're hopeful for the positive impact Dupixent can have for these children and their families."
Atopic dermatitis is a chronic type 2 inflammatory skin disease. Eighty-five to ninety percent of patients first develop symptoms before 5 years of age, which can often continue through adulthood. Symptoms include intense, persistent itch and skin lesions that cover much of the body, resulting in skin dryness, cracking, pain, redness or darkening, and crusting and oozing. In the U.S., more than 75,000 children aged 5 years and younger have uncontrolled moderate-to-severe disease and are most in need of new treatment options. Moderate-to-severe atopic dermatitis may also significantly impact the quality of life of a young child and their caregivers.
"Young children with moderate-to-severe atopic dermatitis are a significantly underserved population of patients, who spend vulnerable years of their lives suffering through the relentless and far-reaching effects of this chronic disease," said George D. Yancopoulos, M.D., Ph.D., President and Chief Scientific Officer at Regeneron, and a principal inventor of Dupixent. "Dupixent has changed the atopic dermatitis treatment paradigm – significantly clearing skin and reducing itch – by targeting an underlying cause of this disease without broadly suppressing the immune system. Today's approval brings the proven efficacy and, importantly, well-established safety profile of Dupixent to these young children, making it the first of its kind to be approved for any U.S. patient aged six months or older living with this debilitating disease."
"Until today, treatment options in the U.S. for infants and children under the age of 6 suffering from moderate-to-severe atopic dermatitis have been limited to topical steroids – which may be associated with significant safety risks when used long-term. This has left patients and their caregivers in desperate need of medicines that can better address the chronic, long-term nature of the disease," Naimish Patel, M.D, Senior Vice President, Head of Global Development, Immunology and Inflammation at Sanofi. "These young people, and their families, often struggle to cope with the significant impact itch can have not only on the body, but on many other facets of daily life. This approval means that Dupixent, with its well-established safety and efficacy profile, is now available to some of the youngest people living with this disease."
The FDA evaluated Dupixent under Priority Review, which is reserved for medicines that represent potentially significant improvements in efficacy or safety in treating serious conditions. The approval is based on data that include a Phase 3 trial evaluating Dupixent every four weeks (200 mg or 300 mg, based on body weight) plus low-potency topical corticosteroids (TCS) or TCS alone. The trial met the primary and all secondary endpoints. At 16 weeks, patients who received Dupixent with TCS experienced the following, compared to TCS alone (placebo):
- 28% achieved clear or almost-clear skin compared to 4% with placebo, the primary endpoint.
- 53% achieved 75% or greater improvement in overall disease severity from baseline compared to 11% with placebo, the co-primary endpoint outside of the U.S.
- 48% achieved clinically meaningful reduction in itch compared to 9% with placebo.
The safety profile of Dupixent observed through 16 weeks in children aged 6 months to 5 years was similar to the safety profile in patients 6 years and older with atopic dermatitis. The long-term safety profile of Dupixent in children aged 6 months to 5 years through 52 weeks was also similar to the safety profile observed in the pivotal trial and consistent with what was observed in older patients with atopic dermatitis. Hand-foot-and-mouth disease and skin papilloma were, respectively, reported in 5% and 2% of Dupixent patients aged 6 months to 5 years, and none of these cases led to treatment discontinuation.
About the Dupixent Trial
The Phase 3 randomized, double-blind, placebo-controlled trial evaluated the efficacy and safety of Dupixent added to standard-of-care low-potency TCS compared to low-potency TCS alone (placebo) in 162 children aged 6 months to 5 years with uncontrolled moderate-to-severe atopic dermatitis.
The primary endpoints assessed the proportion of patients achieving an Investigator's Global Assessment (IGA) score of 0 (clear) or 1 (almost clear) and 75% improvement in Eczema Area and Severity Index (EASI-75) at week 16. Additional outcome measures included itch reduction, which was assessed using a caregiver-reported 0 to 10 Numerical Rating Scale, with a clinically meaningful improvement defined as ≥4-point improvement at week 16.
Children who completed the trials were eligible to enroll in an open-label extension trial to assess the safety and efficacy of long-term treatment with Dupixent in this age group.
About Dupixent
Dupixent is administered as an injection under the skin (subcutaneous injection) at different injection sites. In patients aged 6 months to 5 years, Dupixent is administered with a pre-filled syringe every four weeks based on weight (200 mg for children ≥5 to <15 kg and 300 mg for children ≥15 to <30 kg). Dupixent is intended for use under the guidance of a healthcare professional and can be given in a clinic or at home by self-administration after training by a healthcare professional. In children younger than 12 years of age, Dupixent should be administered by a caregiver if given at home. Dupixent does not require initial lab testing or ongoing lab monitoring.
Regeneron and Sanofi are committed to helping patients in the U.S. who are prescribed Dupixent gain access to the medicine and receive the support they may need with the DUPIXENT MyWay® program. For more information, please call 1-844-DUPIXENT (1-844-387-4936) or visit www.DUPIXENT.com.
Dupixent is approved for use in certain patients with atopic dermatitis, asthma, chronic rhinosinusitis with nasal polyposis (CRSwNP) or eosinophilic esophagitis in different age populations in a number of countries around the world. Dupixent is currently approved across these indications in the U.S. and for one or more of these indications in the European Union and Japan and more than 60 countries. More than 400,000 patients have been treated globally.
Dupixent, which was invented using Regeneron's proprietary VelocImmune® technology, is a fully human monoclonal antibody that inhibits the signaling of the interleukin-4 (IL-4) and interleukin-13 (IL-13) pathways and is not an immunosuppressant. The Dupixent development program has shown significant clinical benefit and a decrease in type 2 inflammation in Phase 3 trials, establishing that IL-4 and IL-13 are key and central drivers of the type 2 inflammation that plays a major role in multiple related and often co-morbid diseases. These diseases include approved indications for Dupixent such as asthma, atopic dermatitis, CRSwNP and eosinophilic esophagitis, as well as investigational diseases such as prurigo nodularis.
About Regeneron's VelocImmune® Technology
Regeneron's VelocImmune technology utilizes a proprietary genetically engineered mouse platform endowed with a genetically humanized immune system to produce optimized fully human antibodies. When Regeneron's co-Founder, President and Chief Scientific Officer George D. Yancopoulos was a graduate student with his mentor Frederick W. Alt in 1985, they were the first to envision making such a genetically humanized mouse, and Regeneron has spent decades inventing and developing VelocImmune and related VelociSuite® technologies. Dr. Yancopoulos and his team have used VelocImmune technology to create approximately one in five of all original, FDA-approved fully human monoclonal antibodies currently available. This includes REGEN-COV® (casirivimab and imdevimab), Dupixent® (dupilumab), Libtayo® (cemiplimab-rwlc), Praluent® (alirocumab), Kevzara® (sarilumab), Evkeeza® (evinacumab-dgnb) and Inmazeb™ (atoltivimab, maftivimab and odesivimab-ebgn).
Dupilumab Development Program
Dupilumab is being jointly developed by Regeneron and Sanofi under a global collaboration agreement. To date, dupilumab has been studied across more than 60 clinical trials involving more than 10,000 patients with various chronic diseases driven in part by type 2 inflammation.
In addition to the currently approved indications, Regeneron and Sanofi are studying dupilumab in a broad range of diseases driven by type 2 inflammation or other allergic processes in Phase 3 trials, including prurigo nodularis, pediatric eosinophilic esophagitis, hand and foot atopic dermatitis, chronic inducible urticaria-cold, chronic spontaneous urticaria, chronic pruritis of unknown origin, chronic obstructive pulmonary disease with evidence of type 2 inflammation, chronic rhinosinusitis without nasal polyposis, allergic fungal rhinosinusitis, allergic bronchopulmonary aspergillosis and bullous pemphigoid. These potential uses of dupilumab are currently under clinical investigation, and the safety and efficacy in these conditions have not been fully evaluated by any regulatory authority.
U.S. Indications
DUPIXENT is a prescription medicine used:
- to treat adults and children 6 months of age and older with moderate-to-severe atopic dermatitis (eczema) that is not well controlled with prescription therapies used on the skin (topical), or who cannot use topical therapies. DUPIXENT can be used with or without topical corticosteroids. It is not known if DUPIXENT is safe and effective in children with atopic dermatitis under 6 months of age.
- with other asthma medicines for the maintenance treatment of moderate-to-severe eosinophilic or oral steroid dependent asthma in adults and children 6 years of age and older whose asthma is not controlled with their current asthma medicines. DUPIXENT helps prevent severe asthma attacks (exacerbations) and can improve your breathing. DUPIXENT may also help reduce the amount of oral corticosteroids you need while preventing severe asthma attacks and improving your breathing. DUPIXENT is not used to treat sudden breathing problems. It is not known if DUPIXENT is safe and effective in children with asthma under 6 years of age.
- with other medicines for the maintenance treatment of chronic rhinosinusitis with nasal polyposis (CRSwNP) in adults whose disease is not controlled. It is not known if DUPIXENT is safe and effective in children with chronic rhinosinusitis with nasal polyposis under 18 years of age.
- to treat adults and children 12 years of age and older, who weigh at least 88 pounds (40 kg), with eosinophilic esophagitis (EoE). It is not known if DUPIXENT is safe and effective in children with eosinophilic esophagitis under 12 years of age and who weigh at least 88 pounds (40 kg).
IMPORTANT SAFETY INFORMATION
Do not use if you are allergic to dupilumab or to any of the ingredients in DUPIXENT®.
Before using DUPIXENT, tell your healthcare provider about all your medical conditions, including if you:
- have eye problems.
- have a parasitic (helminth) infection.
- are scheduled to receive any vaccinations. You should not receive a "live vaccine" right before and during treatment with DUPIXENT.
- are pregnant or plan to become pregnant. It is not known whether DUPIXENT will harm your unborn baby.
- are breastfeeding or plan to breastfeed. It is not known whether DUPIXENT passes into your breast milk.
Tell your healthcare provider about all the medicines you take, including prescription and over-the- counter medicines, vitamins and herbal supplements.
Especially tell your healthcare provider if you are taking oral, topical, or inhaled corticosteroid medicines; have asthma and use an asthma medicine; or have atopic dermatitis or CRSwNP, and also have asthma. Do not change or stop your corticosteroid medicine or other asthma medicine without talking to your healthcare provider. This may cause other symptoms that were controlled by the corticosteroid medicine or other asthma medicine to come back.
DUPIXENT can cause serious side effects, including:
- Allergic reactions. DUPIXENT can cause allergic reactions that can sometimes be severe. Stop using DUPIXENT and tell your healthcare provider or get emergency help right away if you get any of the following signs or symptoms: breathing problems or wheezing, swelling of the face, lips, mouth, tongue or throat, fainting, dizziness, feeling lightheaded, fast pulse, fever, hives, joint pain, general ill feeling, itching, skin rash, swollen lymph nodes, nausea or vomiting, or cramps in your stomach-area.
- Eye problems. Tell your healthcare provider if you have any new or worsening eye problems, including eye pain or changes in vision, such as blurred vision. Your healthcare provider may send you to an ophthalmologist for an exam if needed.
- Inflammation of your blood vessels. Rarely, this can happen in people with asthma who receive DUPIXENT. This may happen in people who also take a steroid medicine by mouth that is being stopped or the dose is being lowered. It is not known whether this is caused by DUPIXENT. Tell your healthcare provider right away if you have: rash, chest pain, worsening shortness of breath, a feeling of pins and needles or numbness of your arms or legs, or persistent fever.
- Joint aches and pain. Some people who use DUPIXENT have had trouble walking or moving due to their joint symptoms, and in some cases needed to be hospitalized. Tell your healthcare provider about any new or worsening joint symptoms. Your healthcare provider may stop DUPIXENT if you develop joint symptoms.
The most common side effects include:
- Atopic dermatitis: injection site reactions, eye and eyelid inflammation, including redness, swelling, and itching, sometimes with blurred vision, cold sores in your mouth or on your lips, and high count of a certain white blood cell (eosinophilia).
- Asthma: injection site reactions, pain in the throat (oropharyngeal pain), high count of a certain white blood cell (eosinophilia), and parasitic (helminth) infections.
- Chronic rhinosinusitis with nasal polyposis: injection site reactions, eye and eyelid inflammation, including redness, swelling, and itching, sometimes with blurred vision, high count of a certain white blood cell (eosinophilia), trouble sleeping (insomnia), toothache, gastritis, and joint pain (arthralgia).
- Eosinophilic esophagitis: injection site reactions, upper respiratory tract infections, cold sores in your mouth or lips, and joint pain (arthralgia).
Tell your healthcare provider if you have any side effect that bothers you or that does not go away.
These are not all the possible side effects of DUPIXENT. Call your doctor for medical advice about side effects. You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch, or call 1-800-FDA-1088.
Use DUPIXENT exactly as prescribed by your healthcare provider. It's an injection given under the skin (subcutaneous injection). Your healthcare provider will decide if you or your caregiver can inject DUPIXENT. Do not try to prepare and inject DUPIXENT until you or your caregiver have been trained by your healthcare provider. In children 12 years of age and older, it's recommended DUPIXENT be administered by or under supervision of an adult. In children under 12 years of age, DUPIXENT should be given by a caregiver.
Please see accompanying full Prescribing Information including Patient Information.
About Regeneron
Regeneron is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led for nearly 35 years by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous FDA-approved treatments and product candidates in development, almost all of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, pain, hematologic conditions, infectious diseases and rare diseases.
Regeneron is accelerating and improving the traditional drug development process through our proprietary VelociSuite® technologies, such as VelocImmune®, which uses unique genetically humanized mice to produce optimized fully human antibodies and bispecific antibodies, and through ambitious research initiatives such as the Regeneron Genetics Center, which is conducting one of the largest genetics sequencing efforts in the world.
For more information, please visit www.Regeneron.com or follow @Regeneron on Twitter.
About Sanofi
We are an innovative global healthcare company, driven by one purpose: we chase the miracles of science to improve people's lives. Our team, across some 100 countries, is dedicated to transforming the practice of medicine by working to turn the impossible into the possible. We provide potentially life-changing treatment options and life-saving vaccine protection to millions of people globally, while putting sustainability and social responsibility at the center of our ambitions.
Sanofi is listed on EURONEXT: SAN and NASDAQ: SNY
Regeneron Forward-Looking Statements and Use of Digital Media
This press release includes forward-looking statements that involve risks and uncertainties relating to future events and the future performance of Regeneron Pharmaceuticals, Inc. ("Regeneron" or the "Company"), and actual events or results may differ materially from these forward-looking statements. Words such as "anticipate," "expect," "intend," "plan," "believe," "seek," "estimate," variations of such words, and similar expressions are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. These statements concern, and these risks and uncertainties include, among others, the impact of SARS-CoV-2 (the virus that has caused the COVID-19 pandemic) on Regeneron's business and its employees, collaborators, and suppliers and other third parties on which Regeneron relies, Regeneron's and its collaborators' ability to continue to conduct research and clinical programs, Regeneron's ability to manage its supply chain, net product sales of products marketed or otherwise commercialized by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Products"), and the global economy; the nature, timing, and possible success and therapeutic applications of Regeneron's Products and product candidates being developed by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Product Candidates") and research and clinical programs now underway or planned, including without limitation Dupixent® (dupilumab) for the treatment of moderate-to-severe atopic dermatitis in children aged 6 months to 5 years; uncertainty of the utilization, market acceptance, and commercial success of Regeneron's Products (such as Dupixent) and Regeneron's Product Candidates and the impact of studies (whether conducted by Regeneron or others and whether mandated or voluntary), including the studies discussed or referenced in this press release, on any of the foregoing or any potential regulatory approval of Regeneron's Products (such as Dupixent) and Regeneron's Product Candidates; the likelihood, timing, and scope of possible regulatory approval and commercial launch of Regeneron's Product Candidates and new indications for Regeneron's Products, such as Dupixent for the treatment of hand and foot atopic dermatitis, prurigo nodularis, eosinophilic esophagitis, chronic inducible urticaria-cold, chronic spontaneous urticaria, bullous pemphigoid, chronic obstructive pulmonary disease with evidence of type 2 inflammation, chronic rhinosinusitis without nasal polyposis, allergic fungal rhinosinusitis, allergic bronchopulmonary aspergillosis, peanut allergy, and other potential indications; the ability of Regeneron's collaborators, licensees, suppliers, or other third parties (as applicable) to perform manufacturing, filling, finishing, packaging, labeling, distribution, and other steps related to Regeneron's Products and Regeneron's Product Candidates; the ability of Regeneron to manage supply chains for multiple products and product candidates; safety issues resulting from the administration of Regeneron's Products (such as Dupixent) and Regeneron's Product Candidates in patients, including serious complications or side effects in connection with the use of Regeneron's Products and Regeneron's Product Candidates in clinical trials; determinations by regulatory and administrative governmental authorities which may delay or restrict Regeneron's ability to continue to develop or commercialize Regeneron's Products and Regeneron's Product Candidates, including without limitation Dupixent; ongoing regulatory obligations and oversight impacting Regeneron's Products, research and clinical programs, and business, including those relating to patient privacy; the availability and extent of reimbursement of Regeneron's Products from third-party payers, including private payer healthcare and insurance programs, health maintenance organizations, pharmacy benefit management companies, and government programs such as Medicare and Medicaid; coverage and reimbursement determinations by such payers and new policies and procedures adopted by such payers; competing drugs and product candidates that may be superior to, or more cost effective than, Regeneron's Products and Regeneron's Product Candidates; the extent to which the results from the research and development programs conducted by Regeneron and/or its collaborators or licensees may be replicated in other studies and/or lead to advancement of product candidates to clinical trials, therapeutic applications, or regulatory approval; unanticipated expenses; the costs of developing, producing, and selling products; the ability of Regeneron to meet any of its financial projections or guidance and changes to the assumptions underlying those projections or guidance; the potential for any license, collaboration, or supply agreement, including Regeneron's agreements with Sanofi, Bayer, and Teva Pharmaceutical Industries Ltd. (or their respective affiliated companies, as applicable) to be cancelled or terminated; and risks associated with intellectual property of other parties and pending or future litigation relating thereto (including without limitation the patent litigation and other related proceedings relating to EYLEA® (aflibercept) Injection, Dupixent, Praluent® (alirocumab), and REGEN-COV® (casirivimab and imdevimab)), other litigation and other proceedings and government investigations relating to the Company and/or its operations, the ultimate outcome of any such proceedings and investigations, and the impact any of the foregoing may have on Regeneron's business, prospects, operating results, and financial condition. A more complete description of these and other material risks can be found in Regeneron's filings with the U.S. Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2021 and its Form 10-Q for the quarterly period ended March 31, 2022. Any forward-looking statements are made based on management's current beliefs and judgment, and the reader is cautioned not to rely on any forward-looking statements made by Regeneron. Regeneron does not undertake any obligation to update (publicly or otherwise) any forward-looking statement, including without limitation any financial projection or guidance, whether as a result of new information, future events, or otherwise.
Regeneron uses its media and investor relations website and social media outlets to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Regeneron is routinely posted and is accessible on Regeneron's media and investor relations website (http://newsroom.regeneron.com) and its Twitter feed (http://twitter.com/regeneron).
Sanofi Disclaimers or Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates regarding the marketing and other potential of the product, or regarding potential future revenues from the product. Forward-looking statements are generally identified by the words "expects", "anticipates", "believes", "intends", "estimates", "plans" and similar expressions. Although Sanofi's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, unexpected regulatory actions or delays, or government regulation generally, that could affect the availability or commercial potential of the product, the fact that product may not be commercially successful, the uncertainties inherent in research and development, including future clinical data and analysis of existing clinical data relating to the product, including post marketing, unexpected safety, quality or manufacturing issues, competition in general, risks associated with intellectual property and any related future litigation and the ultimate outcome of such litigation, and volatile economic and market conditions, and the impact that COVID-19 will have on us, our customers, suppliers, vendors, and other business partners, and the financial condition of any one of them, as well as on our employees and on the global economy as a whole. Any material effect of COVID-19 on any of the foregoing could also adversely impact us. This situation is changing rapidly and additional impacts may arise of which we are not currently aware and may exacerbate other previously identified risks. The risks and uncertainties also include the uncertainties discussed or identified in the public filings with the SEC and the AMF made by Sanofi, including those listed under "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in Sanofi's annual report on Form 20-F for the year ended December 31, 2021. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements.
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SOURCE Regeneron Pharmaceuticals | https://www.mysuncoast.com/prnewswire/2022/06/07/fda-approves-dupixent-dupilumab-first-biologic-medicine-children-aged-6-months-5-years-with-moderate-to-severe-atopic-dermatitis/ | 2022-06-07T22:20:48Z |
SANTA FE, N.M. (AP) — Physicians and researchers are urging New Mexico legislators to allow the use of psychedelic mushrooms in mental health therapy aimed at overcoming depression, anxiety, psychological trauma and alcoholism.
A legislative panel on Tuesday listened to advocates who hope to broaden the scope of medical treatment and research assisted by psilocybin, the psychedelic active ingredient in certain mushrooms.
Oregon is so far the only state to legalize the therapeutic use of psilocybin.
Recent studies indicate psilocybin could be useful in the treatment of major depression, including mental suffering among terminally ill patients, and for substance abuse including alcoholism, with low risks of addiction or overdose under medical supervision.
Physician Lawrence Leeman, a medicine professor at the University of New Mexico, urged legislators to move forward without waiting for federal decriminalization or regulatory approval to expand responsible therapies using doses of psilocybin.
Leeman and other advocates outlined emerging psilocybin protocols, involving six-hour supervised sessions and extensive discussions about the experience in subsequent counseling. He warned legislators that public interest is spawning illicit, underground experimentation without safeguards.
“I do think there is a lot of promise from these medications,” said Leeman, who also directs a program providing prenatal and maternity care to women with substance abuse problems. “If this does go ahead, let’s do this really safely, let’s make sure we have people who are well trained (to administer the psychedelics) … Let’s make sure that people have counselors to see afterward.”
It was unclear whether any New Mexico lawmakers will seek legislation for the medical use of psychedelics, which are still federally illegal. The Democratic-led Legislature convenes its next regular session in January 2023.
The study of psychedelics for therapy has made inroads in states led by Democrats and Republicans alike, including Hawaii, Connecticut, Texas, Utah and Oklahoma. And psilocybin has been decriminalized in the cities of Washington and Denver as well as Ann Arbor, Michigan; Cambridge, Massachusetts; and Oakland and Santa Cruz in California.
In several states, military veterans are helping to persuade lawmakers to study psychedelic mushrooms for therapeutic use in addressing post-traumatic stress.
Currently in New Mexico, lawful access to psilocybin-assisted therapy is available mostly through clinical trials.
Yale University psychiatrist Gerald Valentine said that leaves out people with low incomes and severe afflictions. He said the University of New Mexico is expanding its expertise in psychedelics-based therapies, and that a supportive environment can be found in communities such as Santa Fe, known as a progressive hub for healing and the arts.
“These questions are starting to be answered about who might benefit from this therapy,” Valentine said. “I just feel very fortunate to be in a position to really bring this forth into real world situations.”
Classic psychedelics include LSD, mescaline, psilocybin and ayahuasca. Plant-based psychedelics have long been used in indigenous cultures around the world.
At least one New Mexico church group uses hallucinogenic ayahuasca tea from the Amazon as a sacrament. A 2005 U.S. Supreme Court decision ensured access to ayahuasca imports for a temple on the outskirts of Santa Fe affiliated with the Brazil-based Centro Espìrita Beneficiente União do Vegetal. | https://cw33.com/health/ap-health/doctors-urge-access-to-psychedelic-therapies-in-new-mexico/ | 2022-07-13T21:06:09Z |
LOS ANGELES (AP) — A Virgin Orbit rocket carrying seven U.S. Defense Department satellites was launched from a special Boeing 747 flying off the Southern California coast and streaked toward space Friday night.
The modified jumbo jet took off from Mojave Air and Space Port in the Mojave Desert and released the rocket over the Pacific Ocean, northwest of Los Angeles.
The launch was procured by the U.S. Space Force for a Defense Department test program. The seven payloads will conduct various experiments.
“And there we have it, folks!” the company tweeted shortly before 1 a.m. local time, about an hour after the rocket separated from the 747. “NewtonFour successfully reignited and deployed all customer spacecraft into their target orbit.”
It was Virgin Orbit’s fourth commercial launch and first night launch. The launch was originally scheduled for Wednesday night, but that attempt was scrubbed due to a propellant temperature issue.
Virgin Orbit named the mission “Straight Up” after the hit on Paula Abdul’s debut studio album “Forever Your Girl,” which was released through Virgin Records in 1988.
Virgin Orbit was founded in 2017 by British billionaire Richard Branson. It is headquartered in Long Beach, California, and currently conducts launches from the Mojave airport but is planning international missions.
Later this year, the company will launch two satellites on a mission flying out of Newquay Airport in Cornwall, England. The satellites will conduct radio signal monitoring tests in a joint project of the United Kingdom’s Ministry of Defense and the U.S. National Reconnaissance Office. | https://cw33.com/news/science-technology/ap-science/virgin-orbit-rocket-launches-7-us-defense-satellites/ | 2022-07-02T21:47:08Z |
Berkshire Hills Reports 19% Increase in Quarterly Earnings Per Share
Published: Jul. 20, 2022 at 7:30 AM EDT|Updated: 47 minutes ago
BOSTON, July 20, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) today reported that second quarter 2022 earnings per share (EPS) increased by 19% to $0.50 from $0.42 in the prior quarter. The non-GAAP measure of adjusted EPS also increased by 19% to $0.51 from $0.43. The improvement was due to loan growth and higher asset yields, while funding and operating costs were essentially flat. Compared to the second quarter of 2021, EPS improved by 16% and adjusted EPS increased by 17%.
SECOND QUARTER FINANCIAL HIGHLIGHTS (Changes are quarter-over-quarter unless otherwise stated. Non-GAAP measures are reconciled on pages F-9 and F-10).
19% increase in GAAP EPS
Broad-based increase in total loans compared to first quarter, measuring 7% based on both end-of-period and average balances
3.11% net interest margin, increased from 2.61% in the prior quarter
9% increase in total net revenue
Flat non-interest expense (stable over last five quarters)
$100 million investment grade subordinated debt issuance - first Sustainability Bond issued by a U.S. community bank
9% reduction in period-end shares outstanding year-over-year reflecting stock buybacks
CEO Nitin Mhatre stated "Berkshire's bankers continue to make rapid progress towards delivering on our vision to become a high-performing, socially responsible community bank in New England and beyond. Through their efforts, we generated strong growth in balances across all major loan categories. Deposit and wealth management fee revenues were the highest in five quarters."
"Our strong balance sheet management discipline, coupled with growth in high-quality loan originations, drove a substantial increase in our net interest margin and net interest income. Non-interest expense was stable, with the result that higher revenues have led to improved bottom line profitability and a 19% increase in earnings per share."
Mr. Mhatre concluded, "At quarter-end we completed the first sustainable bond issuance by a U.S. community bank, which will support environmental and social projects in our communities based on our Sustainable Financing Framework. We're pleased with the strong response from investors and that the issuance was supported by an investment grade rating from Moody's Investors Service, which acknowledged our strong financial condition, improving performance, and conservative risk management. I continue to be proud of all our employees as we successfully executed the first year of our BEST strategic transformation plan on target and with continued momentum towards exceeding the plan's objectives."
RESULTS OF OPERATIONS
Earnings: Strong second quarter 2022 results were driven by robust loan growth, increased asset yields, stable funding costs, continued expense discipline and improved credit performance. The 19% sequential increase in quarterly EPS reflected positive operating leverage from 9% revenue growth and stable expenses. EPS similarly increased by 16% on a year-over-year basis, and included the benefit of share repurchases. In the most recent quarter, the Company recorded an 8.3% return on tangible common equity and a 0.82% return on assets. The Company also utilizes the financial measure of Pre-tax Pre-Provision Net Revenue ("PPNR") to evaluate the results of operations before the impact of the provision and tax expense. PPNR measured $29 million in the most recent quarter, increasing sequentially by 38% and year-over-year by 2%.
Revenue: Second quarter net interest income increased by 18% compared to the prior quarter and by 8% compared to the prior year. The sequential quarter growth was driven by an increase in the net interest margin to 3.11% from 2.61%, which reflected the benefit of Berkshire's positive interest rate sensitivity in the rising interest rate environment. It also benefited from a balance sheet mix shift, as 7% growth in average loans was funded by lower yielding cash and securities. Reflecting increases in the Prime and LIBOR index rates for variable rate loans, the loan yield increased quarter-over-quarter to 3.99% from 3.61%. The yield on average earning assets improved to 3.34% from 2.82%.
The cost of funds increased to 0.24% from 0.23%, while the cost of deposits was unchanged at 0.17% compared to the prior quarter. The Company's interest rate sensitivity remained positive at midyear 2022 and was positioned to benefit from further interest rate increases anticipated by the market in the second half of the year.
Non-interest income excluding securities gains and losses decreased by 19% quarter-over-quarter and 23% year-over-year. Excluding insurance operations sold in the third quarter of 2021, the year-over-year decrease measured 14%. Loan related fees were impacted by lower commercial loan interest rate swap revenue and adjustments on fair valued financial instruments in the rising rate environment. Deposit and wealth management fees increased for these periods, reflecting solid ongoing growth.
Provision for Credit Losses on Loans:Berkshire recorded no provision for credit losses in the second quarter of 2022 and 2021. The Company recorded a $4 million benefit in the first quarter of 2022. The Company continues to maintain strong credit quality, and the allowance for credit losses on loans was unchanged at $99 million compared to the linked quarter.
Non-Interest Expense:Berkshire has maintained non-interest expense generally stable over the last five quarters. Berkshire's strategy to self-fund its BEST plan continues to be driven by investments in bankers and technology funded by cost saves from branch sales, consolidations, sale of insurance operations and other optimization initiatives. The second quarter efficiency ratio improved sequentially to 66.6% from 72.6%. Full time equivalent staff totaled 1,322 positions at period-end, compared to 1,319 positions at the start of the year. The effective tax rate was 21% in the most recent quarter, which was an increase from 20% for the year 2021, reflecting the increase in pre-tax profitability for the year-to-date.
BALANCE SHEET (references are to period-end balances unless otherwise stated)
Summary: Short-term and long-term investments were used to fund a $0.5 billion increase in loans, with growth in all major categories. Liquidity and capital remained strong, with loans/deposits measuring 77% at midyear and tangible common equity/tangible assets measuring 8.5%. The common equity tier 1 capital ratio measured 12.9% at that date.
Loans: Total loans increased by 7% quarter-over-quarter and by 8% year-over-year due primarily to growth in commercial loans and residential mortgages. The Company's expansion of its lending teams in the second half of 2021 has contributed to increased loan originations. Business volumes have also benefited from strong market demand, and prepayments have declined in the prevailing rising rate environment.
Asset Quality: Asset quality metrics remained favorable and improving in the second quarter. Non-accruing loans decreased by 9%, measuring 0.34% of period-end total loans. Annualized net loan charge-offs measured 0.02% of average loans. Accruing delinquent loans measured 0.55% of total loans, compared to 0.63% at the start of the year. The ratio of the allowance for loan credit losses to total loans decreased quarter-over-quarter to 1.27% from 1.37% and from 1.65% at midyear 2021.
Deposits and Borrowings: Total deposits decreased by 5% quarter-over-quarter and increased by 2% year-over-year. Excluding changes in overnight payroll deposits and planned reductions in brokered deposits, total deposits decreased by 1% both quarter-over-quarter and year-over-year, which included the impact of increased customer spending. The cost of deposits was unchanged at 0.17% quarter-over-quarter. Total borrowings increased during the quarter primarily due to the subordinated debt issuance.
Equity: The $80 million, or 7%, quarter-over-quarter decrease in shareholders' equity included a $45 net decrease due to after-tax unrealized bond losses caused by rising interest rates. Stock buybacks in the most recent quarter totaled $55 million consisting of 2.1 million shares. At midyear, book value per share totaled $22.15 and tangible book value per share totaled $21.56.
SUSTAINABLE BOND ISSUANCE
On June 30, 2022, Berkshire completed the sale at par of $100 million in subordinated notes bearing interest at a fixed rate of 5.5% for the first five years. The notes will then reset quarterly to a floating rate per annum equal to a benchmark rate that is expected to be the Three-Month Term SOFR plus 249 basis points. The notes have a ten year final maturity and generally may be called at par after five years. The Company has existing subordinated notes bearing interest at 6.875% which are callable at par beginning on September 28, 2022.
Berkshire is the first public U.S. community bank holding company with under $150 billion in total assets to issue a Sustainability Bond. The Company intends to use an amount equal to the net proceeds of its sustainable bond issuance to finance or refinance new or existing social and environmental projects consistent with its Sustainable Financing Framework. Sustainalytics, a Morningstar Company, and the global leader in high-quality ESG research, ratings, and data, has independently verified that Berkshire's Sustainable Financing Framework "is credible and impactful and in alignment with" International Capital Market Association (ICMA) guidelines and principles.
MOODY'S RATINGS
Moody's Ratings: Moody's Investors Service ("Moody's"), in a report dated June 21, 2022, assigned Berkshire and Berkshire Bank (the "Bank") first time ratings. Moody's assigned the Bank a long-term deposit rating of "A3". In addition, Moody's assigned the Bank and the Company an investment grade long-term issuer rating of "Baa3". The rating outlooks are "Positive" for both the Company and the Bank. On July 6, 2022, Moody's assigned a "Baa3" rating to the subordinated debt issued by Berkshire.
ESG & CORPORATE RESPONSIBILITY UPDATE
Berkshire Bank is committed to purpose-driven, community-centered banking that enhances value for all stakeholders as it pursues its vision of being a high-performing, leading socially responsible community bank in New England and beyond. Learn more about the steps Berkshire is taking at berkshirebank.com/csr and in its most recent Corporate Responsibility Report.
Key developments in the quarter include:
Sustainable Financing Framework: Berkshire unveiled its new Sustainable Financing Framework which will guide the Company's issuance of green, social and sustainable financings. Projects supported through the framework include renewable electricity generation; green buildings; renewable energy technology, storage and manufacturing; energy efficiency in commercial, residential and public buildings; affordable housing; workforce housing; and financial inclusion and access activities. The Sustainable Financing Framework will guide the allocation of proceeds from Berkshire's inaugural $100 million Sustainability Bond which made it the first U.S. community bank holding company with under $150 billion in assets to issue a Sustainability Bond.
BEST Community Comeback & Comeback Tour: Company executives completed visits to each of its markets across five states including every financial center meeting with stakeholders to highlight its "BEST Community Comeback" commitment. The multi-year plan focuses on four key areas: fueling small businesses, community financing and philanthropy, financial access and empowerment, and funding environmental sustainability. As a result of the collective efforts of its employees, Berkshire is making steady progress towards the achievement of its goals. As of quarter end, Berkshire increased its use of renewable electricity to 99%. Additional information can be found at berkshirebank.com/comeback.
Launch of the Center for Women, Wellness and Wealth: Berkshire launched the Center for Women, Wellness, and Wealth (CWWW) to provide women with tools to help create a future enriched with financial stability and wellness. The Center, through partnerships with community organizations, specialized experts and thought leaders, will offer events on wellness and financial planning, philanthropic coaching and development support, and complimentary portfolio reviews through Berkshire Bank Wealth Management.
Xtraordinary Day: The Company completed its signature Xtraordinary Day of service on June 8 during which the Bank closed its offices for the afternoon to give back to the community. This year, Berkshire Bank partnered with 39 non-profit organizations and over 1,000 Berkshire Bankers, 80% of the Company, invested the afternoon volunteering for 46 community projects across MA, NY, CT, RI, and VT. In total, employees contributed over 5,000 hours of service.
Current ESG Performance: The Company maintained its top 22% performance in leading ESG indexes in the U.S. for its Environmental, Social and Governance (ESG) ratings. As of June 30, 2022 the Company has ratings of: MSCI ESG- BBB; ISS ESG Quality Score - Environment: 2, Social: 1, Governance: 2; and Bloomberg ESG Disclosure- 59.62. The Company is also rated by Sustainalytics. Berkshire has ranked among the top 1% of all U.S. Banks for ESG in Bloomberg this year, and held the number one spot at midyear.
INVESTOR CONFERENCE CALL AND INVESTOR PRESENTATION
Berkshire will conduct a conference call/webcast at 10:00 a.m. eastern time on Wednesday, July 20, 2022 to discuss results for the quarter and provide guidance about expected future results. Participants are encouraged to pre-register for the conference call using the following link:
Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the call. Participants may pre-register at any time prior to the call and will immediately receive simple instructions via email. Additionally, participants may reach the registration link and access the webcast by logging in through the investor relations section of Berkshire's website at ir.berkshirebank.com. Those parties who do not have Internet access or are otherwise unable to pre-register for this event, may still participate at the above time by dialing 844-200-6205 and using participant access code: 227686. Participants are requested to dial-in a few minutes before the scheduled start of the call. A telephone replay of the call will be available for one week by dialing 866-813-9403 and using access code: 465253. The webcast will be available on Berkshire's website for an extended period of time.
ABOUT BERKSHIRE HILLS BANCORP
Berkshire Hills Bancorp is the parent of Berkshire Bank. The Bank's goal is to be a high-performing, leading socially responsible community bank in New England, Upstate New York, and beyond. Berkshire Bank provides business and consumer banking, mortgage, wealth management, and investment services. Headquartered in Boston, Berkshire has approximately $11.6 billion in assets and operates 105 branch offices in New England and New York, and is a member of the Bloomberg Gender-Equality Index. To learn more, call 800-773-5601 or follow us on Facebook, Twitter, Instagram, and LinkedIn.
FORWARD-LOOKING STATEMENTS
This document contains "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. You can identify these statements from the use of the words "may," "will," "should," "could," "would," "plan," "potential," "estimate," "project," "believe," "intend," "anticipate," "expect," "target" and similar expressions. There are many factors that could cause actual results to differ significantly from expectations described in the forward-looking statements. For a discussion of such factors, please see Berkshire's most recent reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission and available on the SEC's website at www.sec.gov. You should not place undue reliance on forward-looking statements, which reflect our expectations only as of the date of this document. Berkshire does not undertake any obligation to update forward-looking statements.
NON-GAAP FINANCIAL MEASURES
This document contains certain non-GAAP financial measures in addition to results presented in accordance with Generally Accepted Accounting Principles ("GAAP"). These non-GAAP measures provide supplemental perspectives on operating results, performance trends, and financial condition. They are not a substitute for GAAP measures; they should be read and used in conjunction with the Company's GAAP financial information. A reconciliation of non-GAAP financial measures to GAAP measures is included on pages F-9 and F-10 in the accompanying financial tables. In all cases, it should be understood that non-GAAP per share measures do not depict amounts that accrue directly to the benefit of shareholders.
The Company utilizes the non-GAAP measure of adjusted earnings in evaluating operating trends, including components for adjusted revenue and expense. These measures exclude items which the Company does not view as related to its normalized operations. These items primarily include securities gains/losses, other gains/losses, merger costs, restructuring costs, goodwill impairment, and discontinued operations. In 2021, the Company recorded a third quarter net gain of $52 million on the sale of the Company's insurance subsidiary and the Mid-Atlantic branch operations. Expense adjustments in the first quarter 2021 were primarily related to branch consolidations. Third quarter 2021 adjustments included Federal Home Loan Bank borrowings prepayment costs. They also included other restructuring charges for efficiency initiatives in operations areas including write-downs on real estate moved to held for sale and severance related to staff reductions. The fourth quarter 2021 revenue adjustment was primarily related to trailing revenue on a previously reported sale, and the expense adjustment was due primarily to branch restructuring costs. The revenue adjustments in 2022 were related to fair market value changes in equity and trading investments.
The Company utilizes Adjusted Pre-Provision Net Revenue ("Adjusted PPNR") which measures adjusted income before credit loss provision and tax expense. PPNR is used by the investment community due to the volatility and variability across banks related to credit loss provision expense under the Current Expected Credit Loss accounting standard. The Company also calculates Adjusted PPNR/assets in order to utilize the PPNR measure in assessing its comparative operating profitability.
Non-GAAP adjustments are presented net of an adjustment for income tax expense. This adjustment is determined as the difference between the GAAP tax rate and the effective tax rate applicable to adjusted income. The efficiency ratio is adjusted for adjusted revenue and expense items and for tax preference items. The Company also calculates measures related to tangible equity, which adjust equity (and assets where applicable) to exclude intangible assets due to the importance of these measures to the investment community.
CONTACTS
Investor Relations Contacts
Kevin Conn, SVP, Investor Relations & Corporate Development Email: KAConn@berkshirebank.com Tel: (617) 641-9206
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/20/berkshire-hills-reports-19-increase-quarterly-earnings-per-share/ | 2022-07-20T12:17:26Z |
DALLAS (KDAF) — It’s time for this week’s Best Reviews and we’re talking brownies. Who doesn’t love those chunks of chocolatey goodness?
Well, we’re about to take your boxed brownies to the next level with simple additions.
Watch to see how you can upcycle your brownie game. | https://cw33.com/news/inside-dfw/who-doesnt-love-a-good-brownie-check-out-this-brownie-recipe-from-best-reviews/ | 2022-05-20T17:07:02Z |
MINNEAPOLIS (AP) — Minnesota rookie Joe Ryan and reliever Jovani Moran combined to pitch no-hit ball until Bobby Witt Jr. doubled with one out in the ninth inning as the Twins beat the Kansas City Royals 6-3 on Tuesday night.
Ryan was pulled after seven innings and 106 pitches, four shy of his big league high. There has never been a no-hitter at Target Field and the Royals hadn’t come close to getting one against him.
The crowd of 19,005 booed when Twins manager Rocco Baldelli sent Moran to the mound to start the eighth.
“I’m not worried about that,” Baldelli said . “I want what’s best for this team and I want to go to the playoffs and I want to win games in the playoffs, and that’s the priority for me right now.”
Ryan tried to plead his case.
“He said, ‘Listen, I’ve thrown like 156 pitches in a game,’ which is fantastical, but I think true,” Baldelli said. “But all that said, it doesn’t really affect what goes on here and the fact that we need him to go pitch against the Guardians later on this week.”
In fact, when he was a senior at Cal State Stanislaus, Ryan did throw 142 pitches in a game against Cal Poly Pomona in 2018.
Ryan said he understood Baldelli’s rationale.
“The pitch count obviously comes into play. We’re trying to win some games and I’m throwing in five days again, too,’ Ryan said.
Moran worked a perfect eighth. He struck out Drew Waters to begin the ninth before walking pinch-hitter Hunter Dozier and MJ Melendez.
The Royals hadn’t come close to a hit until Witt lined a 1-2 fastball for a clean drive to deep left for an RBI double, setting off more boos from the fans.
“I wanted to help and be part of that no-hitter, but that’s part of the game,” Moran said. “And of course I’m going to get mad because I wanted to do my best and get that out, but it happens.”
Sebastian Rivero followed with an infield hit that drove in another run and Vinnie Pasquantino had a sacrifice fly.
The Twins’ last no-hitter was by Francisco Liriano against the White Sox on May 3, 2011 in Chicago.
Carlos Correa, Jose Miranda and Gio Urshela hit home runs as the Twins snapped a three-game skid. They remained five games behind Cleveland in the AL Central.
Ryan (11-8) struck out nine, walked two and set down his last 12 batters. He has never gone past seven innings in his career and had lost three of his previous four decisions.
The 26-year-old righty had never gone past seven innings in his career. He has a big league high of 110 pitches, done Aug. 9 at the Los Angeles Dodgers.
Ryan was a member of last year’s U.S. Olympic team and was traded to Twins by Rays while he was in Japan.
The Royals avoided being no-hit for the first time since 2008 when Jon Lester shut them down in Boston.
“What’s going on in the dugout is frustration,” Royals manager Mike Matheny said. “Guys realizing that it’s embarrassing when you get no-hit. Going up there fighting through their at-bats, but it’s not something you want to have them finish off.”
“So it was good to put a couple runs on, get some positive things going, and hopefully it’ll translate into more offense tomorrow.”
Kris Bubic (2-12) allowed 10 hits and five runs with six strikeouts in five innings.
TRAINER’S ROOM
Twins: RF Max Kepler (right leg) was not in Tuesday’s lineup but Baldelli was hopeful he’d be available off the bench. Meanwhile, Baldelli said OF-INF Jorge Polanco and RHP Bailey Ober could potentially return this week. The manager also said OF Byron Buxton is slightly behind Polanco.
UP NEXT
Royals: RHP Zack Greinke (4-8) makes his 23rd start of the season on Wednesday night. He is 0-3 against Minnesota this season with a 4.20 ERA in those outings. He’s 0-6 on the road this season.
Twins: RHP Sonny Gray (7-4) will look to go 3-0 against the Royals this season when he takes the mound on Wednesday night.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-twins-bid-for-combo-no-hitter-ends-with-1-out-in-9th-vs-kc/ | 2022-09-14T15:34:08Z |
PARIS (AP) — Thousands of soccer fans were descending on Paris to see Liverpool and Real Madrid meet in the Champions League final later Saturday.
There are milestones at stake in the Stade de France.
Carlo Ancelotti is looking to become the first coach to win European club football’s top prize four times, adding to his 2014 success during his first spell in charge of Madrid. The Italian’s first two triumphs came with AC Milan in 2003 and 2007.
Ancelotti has already delivered the Spanish title in his first season back at Madrid, which beat Liverpool in the 2018 final led by Zinedine Zidane for a record-extending 13th European Cup.
“We are very close to achieving something huge this season, and we will give our all to achieve it,” Ancelotti said. “We are very calm in the camp. This team is very good handling the pressure of this matches.”
Liverpool went on to become European champions for a sixth time by returning to the final in 2019. Since then Jurgen Klopp has ended the team’s 30-year English championship drought in 2020. While the Premier League was missed out on by a single point last weekend, the season can end with a rare treble of trophies, having already won the FA Cup and the League Cup.
Liverpool’s route through the knockout phase past Inter Milan, Benfica and Villarreal seemed relatively smooth. Madrid had to mount repeated comebacks.
It was facing elimination in the round of 16 before two of Karim Benzema’s 15 European goals this season turned around the game against Paris Saint-Germain. It took an equalizer with 10 minutes to go against Chelsea to stay in the quarterfinals before ousting the defending champions in extra time. Madrid entered the 90th minute against Manchester City heading out in the semifinals until Rodrygo was the savior again with two goals capping another incredible comeback.
“If we are on the top of our game, we are difficult to play, we are really difficult to play,” Liverpool manager Jürgen Klopp said. “Then that’s my only concern at the moment. If we do that, that we be ourselves that be really confident as well. But of course the confidence level of the Madrid players is incredibly high and it’s important part in football to be confident and sure about yourself and these kind of things.”
For the third consecutive year, UEFA was forced to change the location of the final. Not this time due to the pandemic but Russia’s invasion of Ukraine which saw St. Petersburg stripped of hosting rights.
With the war entering a fourth month, the word “peace” will feature on the final match ball, which will be auctioned later to raise money for refugees.
“The war is still going on . . . and we have to think about that,” Klopp said. “Let’s see it like this, that the game still happens and is not in St Petersburg maybe is exactly the right message which Russia should get. Life goes on, even when you try to destroy it. We play this final for all the people, not only but as well, for all the people in Ukraine.”
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/liverpool-real-madrid-play-champions-league-final-in-paris/ | 2022-05-28T13:11:52Z |
Free Hotline Connects Minnesota's Deaf Community with Agents Who Are Fluent in American Sign Language for COVID-19 Information Such As Face Mask Requirements and Vaccine Locations
MINNEAPOLIS, April 12, 2022 /PRNewswire/ -- Communication Service for the Deaf (CSD) has launched an American Sign Language-based COVID-19 information hotline in the State of Minnesota. This free service gives the 20% of Minnesotans who are Deaf or hard of hearing access to the latest coronavirus health information and guidelines in their native language, American Sign Language (ASL). The hotline is available online at CSD's Minnesota COVID Information website or through videophone.
The Minnesota ASL Now Hotline, powered by CSD's Connect Direct division, is staffed by a team of Deaf agents who are fluent in ASL and trained to provide Minnesotans with the most up-to-date health information and guidelines in their geographic area, such as face mask requirements and vaccine locations near them. By directly connecting Deaf callers with trained Deaf agents instead of randomized, untrained Video Relay interpreters, the hotline helps curb confusion and misinformation.
"I often get calls from people who are very concerned about not understanding what is happening because statistics and data are so overwhelming," said one COVID-19 Hotline representative. "After providing support in ASL, I can see that people are feeling relieved and safe because they have access to accurate information and can protect themselves."
Connect Direct launched a similar ASL-based hotline in the State of Virginia in April 2021. Over a four-month period, hotline agents handled more than 500 calls from Deaf Virginians seeking accessible coronavirus information.
"Equal access to critical information for our community is vital during this continuing global pandemic," said Craig J. Radford, CSD's Vice President of Emerging Markets. "Our free hotline gives Deaf Minnesotans a place where they can comfortably ask questions about any issues or concerns related to COVID-19. Callers get to communicate one-on-one and in their native language which, for ASL users especially, can feel like a big relief."
Anyone may contact the Minnesota ASL Now hotline in one of two ways:
- Visit CSD's Minnesota COVID-19 Information website and click "ASL Now."
- Dial 651-504-2088 on any videophone.
Hotline agents are available Monday through Friday from 7 a.m. to 7 p.m. CST.
CSD and the Connect Direct Minnesota ASL Now hotline are not medical organizations.
Hotline agents are not medical professionals, nor do they provide medical advice.
About Communication Service for the Deaf
Communication Service for the Deaf (CSD) is the largest Deaf-led social impact organization in the world. For more than four decades, CSD has been a leader in creating and providing accessible and innovative solutions for the Deaf community. Today, CSD continues its work to create opportunities for personal and economic growth within the Deaf community, specifically addressing leadership and employment. For more information, please visit CSD and follow us on Facebook, Twitter, Instagram, and LinkedIn.
About Connect Direct
Since 2017, Connect Direct has been the leading provider of innovative call center solutions for communicating directly with Deaf customers in American Sign Language. Offering cutting-edge customer service through Connect Direct decreases customer frustration and opens the door to a new market of loyal clients. This expertise provides an invaluable, time-saving solution for businesses, customers, and representatives alike. To learn more, visit Connect Direct, explore our media kit, and follow us on Facebook, Twitter, and LinkedIn.
Media Contact:
Leila Eltouny
leltouny@csd.org
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SOURCE Communication Service For The Deaf, Inc | https://www.kxii.com/prnewswire/2022/04/12/communication-service-deaf-launches-new-asl-accessible-covid-19-hotline-minnesota/ | 2022-04-12T16:40:31Z |
The ‘Avatar: Way of Water’ trailer teases new creatures and aquatic action
By Scottie Andrew, CNN
The Na’vi are back in the nearly wordless trailer for “Avatar: The Way of Water.” And based on the new footage, we can expect the lithe blue folk to fight side by side (or against) humans for the safety of their vibrant world.
“Way of Water” is the long-awaited sequel to James Cameron’s groundbreaking epic. It will premiere in December, 13 years after “Avatar” became a historic hit.
The teaser explores more of the fictional Pandora than viewers saw in the first film, though its brilliant blues and bioluminescence remain. At the end of the clip, Sam Worthington, who portrayed protagonist Jake in the first film, cryptically assures his distressed partner, played by Zoe Saldana, that “this family is our fortress.”
The plot details of the new film remain tightly under wraps, but original film stars Worthington, Saldana and Sigourney Weaver are slated to return. Joining them are series newcomers Michelle Yeoh, Kate Winslet, Edie Falco and Oona Chaplin in key roles.
Back when it premiered in 2009, “Avatar” was an inescapable phenomenon. The film was lauded for its then-groundbreaking visuals — it was one of the first films to be rendered almost entirely through hyper-realistic motion capture technology — and environmental message. Upon its release, a CNN reviewer called it an “epochal” film and likened it to “Star Wars” (presumably Episode IV) and “2001: A Space Odyssey.” It was ultimately nominated for nine Oscars, including best picture, and won three.
“Avatar” remains the highest-grossing film of all time, earning more than $2.8 billion worldwide. (It was briefly dethroned by “Avengers: Endgame” until a theatrical re-release helped it reclaim its top spot.)
Disney, which acquired the original film’s production company, 20th Century Fox, has bet big on “Avatar” going forward: In 2017, Disney’s Animal Kingdom in Orlando dedicated an entire area of the park to the film’s fictional world of Pandora. There are also three sequels planned for release after the premiere of “Way of Water.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/09/the-avatar-way-of-water-trailer-teases-new-creatures-and-aquatic-action/ | 2022-05-09T23:27:49Z |
Infant sleep guidelines updated for first time since 2016
(CNN) - The American Academy of Pediatrics is updating its sleep guidelines for babies.
Its main message? Co-sleeping under any circumstances Is not safe.
The AAP says that while many parents choose to share a bed with their baby to help with breastfeeding or because of cultural preferences, the evidence shows that co-sleeping significantly raises the baby’s risk of injury or death.
The agency said about 3,500 infants die from sleep-related deaths every year in the U.S., many of them from socially disadvantaged communities.
The AAP also says to avoid using incline products or crib decorations.
It recommends parents put babies to sleep alone on a flat firm mattress with a snug fitted sheet, and instead of a blanket, use a swaddle sack.
This is the first update to the AAP’s sleep guidelines since 2016.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/21/infant-sleep-guidelines-updated-first-time-since-2016/ | 2022-06-21T13:35:21Z |
Legendary Maui resort celebrates Hawaiian culture and natural beauty of Kapalua
MAUI, Hawaii, June 21, 2022 /PRNewswire/ -- Today, The Ritz-Carlton Maui, Kapalua announces the final phase of a $100 million resort-wide transformation including new guestrooms, dining experiences, and public spaces that is set to be unveiled by the end of 2022. Situated across 54 acres of pristine, wide-open space overlooking Honokahua Bay, The Ritz-Carlton Maui, Kapalua is a sanctuary for guests seeking a restorative, luxurious escape.
"The driving force behind this project is providing our guests with an unrivaled experience that can only be found in Kapalua," said Andrew Rogers, general manager at The Ritz-Carlton Maui, Kapalua. "This transformation brings new beauty and new energy to our surrounding environment as the entire resort celebrates our unique sense of place. Our team of talented Hawaiʻi-based architects, designers and builders worked closely with our longtime cultural advisor Clifford Naeʻole to achieve our vision for the future of the resort as a luxury destination."
Highlights of the extensive and thoughtful property-wide transformation include:
ARRIVAL EXPERIENCE
Upon arriving at The Ritz-Carlton Maui, Kapalua, guests will be welcomed by bright and colorful native flora and fauna that flow into the all-new lobby lanai featuring unobstructed views of Honokahua Bay. The infinity-edge lanai is equally breathtaking as it is meaningful, honoring Hawaiian culture and telling the story of Kapalua. The hand-carved wooden kapa panels adorning the space symbolize the six bays surrounding the resort that were favorites of the Hawaiian chiefs. The distinct lighting fixtures are inspired by ancient fishing traps, which were designed to catch fish for royalty. With multiple seating areas, complete with firepits, the lanai offers a lively and inviting atmosphere from sunrise to sunset.
"The Ritz-Carlton Maui, Kapalua is a special place for our guests just as Kapalua once was for the great Hawaiian chiefs," said Clifford Naeʻole, Hawaiian cultural advisor at The Ritz-Carlton Maui, Kapalua. "Each element, no matter how big or small, has important significance in Hawaiian culture and we hope that our guests will enjoy them for both their beauty and meaning."
CLUB LOUNGE
Further elevating the guest experience, the resort will open The Ritz-Carlton Club® Lounge at the Anuenue Room in July. This new Club Lounge offers a private indoor-outdoor weather protected destination for guests with club access to savor a rainbow and taste the flavors of Maui. The space offers a dedicated concierge and a well-appointed, relaxed lounge environment where guests can enjoy five food and beverage presentations daily. Culinary offerings include breakfast, light snacks, hors d'oeuvres, beverages and sweets – many reflecting the cuisine of the Hawaiian Islands. Unique to the space and exclusively for club guests, Club Lounge programming will include cocktail classes, cooking demonstrations, lei making, and exclusive musical performances by Hawaiian artists.
GUEST ROOMS
Embracing Maui's natural beauty and rich cultural heritage, the new guest rooms, suites, and residences, all with private terraces, feature delicate sand tones and custom wood finishes, evoking a feeling of calm and serenity. Azure blue and deep green accents echo the captivating hues of the sparkling ocean and lush flora while floor-to-ceiling windows welcome the island environment inside creating a unique sense of place found nowhere else. Designed by Philpotts & Associates, known for their expertise in Hawaiian culture and design, the room interiors infuse The Ritz-Carlton sophistication with a Hawaiian sense of place. The aesthetic continues into the hallways with rich, dark wood finishes and pops of color from the tropical-inspired carpeting.
For guests looking to experience the beauty and wonder of Kapalua in an even more private setting, the Resort will debut The Fire Lanai Collection, a new premium room category in November. Located on the ground floor of the Nāpili Tower, each room will feature extended lanais with a shade trellis, a hammock, sun deck, and fire pit complete with a special menu to make one's own tropical twist on s'mores, inviting guests to enjoy Maui indoor-outdoor living at its best.
POOL EXPERIENCE
A centerpiece of the sprawling open-air resort is the expansive 10,000-square-foot reimagined pool experience. Inspired by a famous natural lava rock formation in front of the resort at Makaluapuna Point, the resort's three zero edge pools connected by cascading waterfalls, form a fleur-de-lis and are surrounded by lush tropical florals. The natural inspiration is meant to extend the beach feel from the shore onto the property. Each individual pool features in-water lounges, allowing guests to relax while keeping cool in addition to ample seating options around each one.
For those individuals looking for an even more luxurious and private experience, the resort recently debuted seven custom designed luxury cabanas and oasis beds. The new cabanas, with seating for up to eight guests, in hues of blues and green are inspired by the indigenous flowers and the natural beauty surrounding the property. Luxury cabana guests are well cared for by a personal cabana attendant and have access to a range of indulgences including a tropical fruit plate with house-made banana bread, sunscreen, unlimited water and soft drinks, Wi-Fi, Bluetooth speaker, flat screen TV, credenza with refrigerator, ceiling fan, and robes.
DINING
With panoramic views of Honokahua Bay and surrounded by walls of cascading orchids, Banyan Tree restaurant is a one-of-a-kind dining destination. The name honors the iconic banyan tree found throughout Hawaiʻi, known as a gathering place for families to enjoy a meal. Guests can indulge in a vibrant ever-changing menu rooted in coastal cuisine, inviting them on a journey to discover the island's most unique and sustainable ingredients from local purveyors. On the restaurant's enchanted patio, guests can dine under the stars or sip a signature cocktail such as the Banyan Tree Mai Tai next to a firepit.
As part of the extensive transformation, the resort redesigned Ulana Terrace, the breakfast restaurant overlooking the gardens, pool and ocean. Meaning "to weave," the bright and airy restaurant, with pitched ceilings, woven accents and warm woods, offers an extensive selection of traditional and local breakfast favorites, and a sumptuous breakfast buffet each morning. Highlights include the Kapalua loco moco, breakfast ramen, and banana macadamia nut pancakes.
In the morning, guests can enjoy house-made pastries and a quick bite from Kai Café, the resort's gourmet coffee shop, while relishing in the warm Kapalua breeze and catching a glimpse of a whale dancing in the bay.
As the sun sets and firepits are lit, the lobby lanai and Alaloa Lounge comes to life with live entertainment, including the time-honored Hawaiian sunset ceremony. Featuring high ceilings, dark wood, and rope accents, the lounge is inspired by a Hawaiian voyaging canoe, a symbol of greeting guests who have traveled a long way. Here, guests can relax and reflect on a day in paradise over eye-catching cocktails and light fare, including a dedicated sushi bar.
Just steps away from the pools, the new 'Olu Café is the ideal alfresco lunch destination, featuring hand-crafted cocktails, pūpū, salads, and sandwiches. For guests looking to remain in the sun poolside, all orders can be delivered right to their cabana or lounge chair.
SUSTAINABILITY
"With the support of our owner, Blackstone, The Ritz-Carlton Maui, Kapalua is making impactful investments to reduce our impact and preserve Maui's precious natural resources for future generations," Rogers said. "When completed next year, new solar canopies in the parking lot will generate half of our current demand for power at the resort."
Sustainability initiatives include reducing water consumption, new waste diversion efforts, providing all guests with complimentary reusable water bottles, installing filling stations throughout the property and replacing all elevators with new, more energy-efficient models.
The hotel is an active supporter of the local community and established the Mauka (mountain) to Makai (ocean) Preservation of Place Project that benefits two nonprofit organizations: the Pu'u Kukui Watershed, Hawaiʻi's largest private nature preserve and home to rare and endangered flora and fauna; and Hui O Wa'a Kaulua, Maui's voyaging canoe society, which promotes the practice and education of Hawaiʻi's canoe-building, wayfinding and voyaging arts traditions.
The resort is one of only six Ritz-Carlton hotels in the world to offer Jean-Michel Cousteau's Ambassadors of the Environment. The program offers eco-tours for all ages, from snorkeling to coastal walks to electric bicycle tours, to learn about the environment and leave with an appreciation and respect for nature. A weekly Mālama Hawai'i volunteer project (mālama means "to care for") offers guests an opportunity to leave Maui a better place by participating in a beach cleanup or invasive species plant removal.
PRIVATE EVENTS & MEETING SPACES
For guests looking to host a celebration, the hotel has transformed the Aloha Garden Pavilion, one of the only indoor-outdoor event venues on Maui. Designed to reflect the soul of a Hawaiian voyaging canoe, one will notice key seafaring elements including the boat's ribs and gunnels, lashed together with ropes that represent unity. The Aloha Garden Pavilion will feature a new interior with state-of-the-art A/V, furniture, bi-folding glass doors opening onto a garden with terrazzo-paved walkway, two fire pits, and new trellis with glass canopies.
To learn more about the resort and the newest offerings, visit ritzcarlton.com/maui or call 808-669-6200. Find The Ritz-Carlton Maui, Kapalua on Instagram, Facebook and Twitter.
Images can be downloaded HERE. (Photo credit: The Ritz-Carlton Maui, Kapalua)
About The Ritz-Carlton Maui, Kapalua
The AAA Five-Diamond Ritz-Carlton Maui, Kapalua showcases a stunning, destination resort offering 466 newly reimagined guestrooms, including 107 residential suites, with all new décor capturing Kapalua's rich heritage and natural aloha. The Ritz-Carlton Spa® Maui, Kapalua beckons with treatment rooms framed by private garden showers, volcanic stone grottos, steam, sauna and whirlpool therapies, outdoor couple's hale (cabanas) and a fitness center and movement studio with spectacular ocean views. Jean-Michel Cousteau's Ambassadors of the Environment program offers all interest levels an array of outdoor activities from land to sea, led by trained naturalists. The breathtaking island resort also features six dining experiences, enhanced indoor/outdoor meeting space, an inviting children's pool and new, custom luxury cabanas. The Ritz-Carlton Maui, Kapalua is nestled on 54 acres and enveloped by the 22,000-acre Kapalua Resort, renowned for two championship golf courses, award-winning restaurants and the site of historic pineapple fields.
Rachel Kasab
CURICH|WEISS
(516) 633-0618
rcmk@curichweiss.com
Rebecca Pang
Director of Communications
(808) 665-7212
rebecca.pang@ritzcarlton.com
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SOURCE The Ritz-Carlton Maui, Kapalua | https://www.mysuncoast.com/prnewswire/2022/06/21/ritz-carlton-maui-kapalua-set-reveal-luxurious-100-million-transformation/ | 2022-06-21T21:01:09Z |
WASHINGTON, April 14, 2022 /PRNewswire/ -- NASA will hold a media teleconference at 3 p.m. EDT on Friday, April 15, to discuss the wet dress rehearsal test of the agency's Space Launch System (SLS) rocket and Orion spacecraft at Launch Complex 39B at the agency's Kennedy Space Center in Florida ahead of the uncrewed Artemis I lunar mission.
The teleconference will stream live on the agency's website.
Teleconference participants include:
- Charlie Blackwell-Thompson, Artemis launch director, NASA Exploration Ground Systems program, Kennedy
- Mike Sarafin, Artemis mission manager, NASA Headquarters
To participate by telephone, media must RSVP no later than two hours prior to the start of the event to: ksc-newsroom@mail.nasa.gov.
NASA's third test attempt began April 12 with a modified test procedure and concluded April 14. The test focused on using the ground systems at the Kennedy spaceport to load propellant into the Space Launch System (SLS) rocket's core stage tanks, with minimal propellant operations on the upper stage.
Engineers encountered a liquid hydrogen leak on the tail service mast umbilical that prevented the team from completing the test. Before ending the test, teams were able to collect additional data by chilling down the lines used to load propellant into the upper stage. The rocket remains in a safe configuration as teams asses next steps.
Through Artemis missions, NASA will land the first woman and the first person of color on the Moon, paving the way for a long-term lunar presence and serving as a steppingstone to send astronauts to Mars.
For updates, follow along on NASA's Artemis blog at:
https://blogs.nasa.gov/artemis
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SOURCE NASA | https://www.wibw.com/prnewswire/2022/04/15/nasa-discuss-initial-findings-artemis-moon-mission-modified-test/ | 2022-04-15T07:05:02Z |
PARKLAND HEALTH SPONSORED CONTENT — Parkland Health is working to make healthcare more accessible to underserved North Texans.
They are able to make this happen by partnering with various organizations in the community.
“As Parkland adds more services into the neighborhoods that need us most, we know that how we treat each and every patient affects the health and well-being of our entire community,” their website states.
For more information, visit parklandhealth.org. | https://cw33.com/lifestyle/inside-dfw/this-company-is-making-healthcare-more-accessible-to-underserved-north-texans/ | 2022-05-17T15:55:02Z |
BROOKLYN, N.Y., June 1, 2022 /PRNewswire/ -- Etsy, Inc. (Nasdaq: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced virtual participation in the below investor events.
Etsy will participate in a webcasted fireside chat at the Stifel 2022 Cross Sector Insight Conference on June 8, 2022 at 10:55 a.m. ET. The live webcast and replay of this session will be featured on our IR website at investors.etsy.com.
In addition, company executives will attend Loop Capital Markets 2022 Investor Conference in New York City on June 2, 2022.
About Etsy
Etsy, Inc. operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world. These marketplaces share a mission to "Keep Commerce Human," and we're committed to using the power of business and technology to strengthen communities and empower people. Our primary marketplace, Etsy.com, is the global destination for unique and creative goods. Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. For sellers, we offer a range of tools and services that address key business needs.
Etsy, Inc.'s "House of Brands" portfolio also includes fashion resale marketplace Depop, musical instrument marketplace Reverb, and Brazil based handmade goods marketplace Elo7. Each Etsy, Inc. marketplace operates independently, while benefiting from shared expertise in product, marketing, technology, and customer support.
Etsy was founded in 2005 and is headquartered in Brooklyn, New York.
Etsy has used, and intends to continue using, its Investor Relations website and the Etsy News Blog (etsy.com/news) to disclose material nonpublic information and to comply with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website and the Etsy News Blog in addition to following our press releases, SEC filings, and public conference calls and webcasts.
Investor Relations Contact:
Deb Wasser, Vice President, Investor Relations & ESG Engagement
Jessica Schmidt, Sr. Director, Investor Relations
ir@etsy.com
Media Relations Contact:
Sarah Marx, Director, Corporate Communications
press@etsy.com
View original content:
SOURCE Etsy | https://www.wibw.com/prnewswire/2022/06/01/etsy-participate-upcoming-investor-conferences/ | 2022-06-01T20:25:01Z |
Natural immunity offers greater COVID protection than vaccines, study finds
(Gray News) - It’s something that has been up for discussion since the start of the pandemic: What provides greater protection from COVID?
A study published this month in the New England Journal of Medicine shared findings that supported natural immunity providing greater protection from COVID infection than multiple vaccinations.
Researchers said they used the Israeli Ministry of Health database from August and September 2021 when the delta variant was dominant. The people in the study included those who had been previously infected with COVID or received a coronavirus vaccine.
The study said it found that COVID protection decreases over time, but the overall protection was higher in those who had COVID than those who received a second vaccine dose.
“Among persons who had been previously infected with SARS-CoV-2 (regardless of whether they had received any dose of vaccine or whether they had received one dose before or after infection), protection against reinfection decreased as the time increased since the last immunity-conferring event. However, this protection was higher than that conferred after the same time had elapsed since receipt of the second dose of the vaccine among previously uninfected persons.”
Researchers said their analysis was based on more than 5.7 million people and the study was approved by the institutional review board at the Sheba Medical Center.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/22/natural-immunity-offers-greater-covid-protection-than-vaccines-study-finds/ | 2022-06-23T00:53:59Z |
Which Arctic Fox product at Ulta Beauty is best?
Ulta Beauty has a wide selection of well-known beauty brands, and that includes hair products from Arctic Fox. Arctic Fox hair dyes have a reputation for being high-quality, long-lasting and cruelty-free, but the company sells other products related to hair care as well. Check out the beautiful array of Arctic Fox Semi-Permanent Hair Color options before deciding on additional color care needs.
What to know before you buy an Arctic Fox product at Ulta Beauty
Arctic Fox products
The focus at Arctic Fox is semi-permanent hair dye that comes in an impressive selection of highly pigmented artificial colors, such as blue, purple, pink and bright red. In addition to hair dye, Arctic Fox sells application kits, shampoo, conditioner, hair-repair serums, hair perfume and face masks. All are vegan and cruelty-free.
Color treatment
Depending on how often you shampoo your hair, most semi-permanent hair dye color lasts about two weeks. Arctic Fox color lasts about four to eight weeks on bleached hair and two to six weeks on unbleached hair. The dyes work best on pre-lightened hair, but certain colors can show up — with less vibrancy — on darker shades, too. If you’re not bleaching, the color you’re using should be darker your natural color.
Charitable causes
Cruelty-free isn’t just a key facet of Arctic Fox products, it’s built into the company’s foundation. Each year Arctic Fox donates 15% of its profits to animal welfare organizations. Recipients have included Second Chance Animal Services, International Fund for Animal Welfare, Animal Hope & Wellness Foundation and San Diego Humane Society.
What to look for in a quality Arctic Fox product at Ulta Beauty
Hair repair
Arctic Fox has several products designed to repair color-treated hair. In addition to a strengthening shampoo and conditioner, there are two types of hair repair products. The first is gummies taken orally. They’re made with biotin and folic acid to help strengthen hair and nails. If you prefer a product applied directly to your hair, there are sprays and serums with ultraviolet and color protections, plus amino acids to strengthen and moisturize hair.
Semi-permanent vs. permanent color
Arctic Fox makes semi-permanent hair dye sold in 8-ounce bottles. Semi-permanent color covers your hair color but does not alter the pigment. It fades over time and has to be reapplied regularly. Permanent hair color actually changes pigmentation and won’t wash out with shampoo. Permanent hair color is touched up less frequently, and usually only at the roots.
No harsh chemicals
It’s not enough to just use good ingredients — you also want to avoid bad ones. So, what does “no harsh chemicals” mean exactly? Some hair dyes contain peroxide, ammonia, ethyl alcohol and paraphenylenediamine (known as PDD). These chemicals can irritate sensitive skin and dry out hair. Arctic Fox makes hair dye without these components to better nourish color-treated hair.
How much you can expect to spend on an Arctic Fox product at Ulta Beauty
Arctic Fox hair dye bottles at Ulta Beauty cost about $18 each, while the brand’s other hair care products cost $12-$25.
Arctic Fox product at Ulta Beauty FAQ
Does this hair dye stain?
A. It can stain your skin, but only if it stays on your skin for a while. If this happens, you can remove it with rubbing alcohol. Some colors might stain the sink or tub. To minimize this risk, use a stainless steel sink if possible. Stains in the tub can be removed with warm water and baking soda.
Can hair dye expire?
A. An open bottle of hair dye lasts about a year and an unopened bottle lasts two to three years. Expired hair dye won’t harm your hair but might work less effectively than it once did.
What is a diluter?
A. A diluter is a product you mix in with the hair dye as a base for blending custom colors. It goes in the mixing bowl first and dyes are added to it little by little, until you get the shade you want.
What’s the best Arctic Fox product at Ulta Beauty to buy?
Top Arctic Fox product at Ulta Beauty
Arctic Fox Semi-Permanent Hair Color
What you need to know: This 8-ounce semi-permanent hair dye comes in 14 vivid colors.
What you’ll love: The color is long-lasting with rich tones. There are different shades within each color family to choose from. It’s hydrating, easy to apply and smells great. Virgin Pink and Poseidon (deep blue) are two of Arctic Fox’s bestselling colors.
What you should consider: Even if your hair is light or blond in color, the dye works best if you bleach it first.
Where to buy: Sold by Ulta Beauty
Top Arctic Fox product at Ulta Beauty for the money
Arctic Fox Rainbow Color Brushes
What you need to know: This set comes with seven synthetic brushes, each with a brightly colored handle.
What you’ll love: The brush bristles are soft but firm. Hair dye washes out of them easily. They don’t shed and the rainbow theme makes it easy to tell brushes apart. They match the Rainbow Color Bowls set, sold separately.
What you should consider: The logo wears off after the brushes have been washed a few times.
Where to buy: Sold by Ulta Beauty
Worth checking out
What you need to know: This bottle holds 60 dietary supplement gummies for strengthening hair and nails.
What you’ll love: Key ingredients include biotin, folic acid, vitamin A and vitamin C. The gummies taste good and you only have to take two per day. Over time, they can provide noticeable improvement in the condition of your hair and nails.
What you should consider: Consult a doctor before taking these if you are pregnant or on medication.
Where to buy: Sold by Ulta Beauty
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/hair-products-br/best-arctic-fox-product-at-ulta-beauty/ | 2022-06-01T02:04:59Z |
Significant industry expertise will help lead all government relations activities for the company
AKRON, Ohio, July 5, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that Joseph (Joe) McClelland has been named vice president, External Affairs, effective July 18. McClelland will be responsible for overseeing all government relations activities for the company, including local, state and federal affairs, and engaging with policymakers on legislation that may impact FirstEnergy's customers and operations. He will report to Sam Belcher, senior vice president, Operations.
"Joe brings to FirstEnergy nearly forty years of experience in the energy and electric utility industry, as well as extensive experience engaging with government agencies and offices at all levels," said Steven E. Strah, president and chief executive officer. "As the leader of our External Affairs function, he will support our efforts to ensure all of our government relations activities and related stakeholder engagement are in keeping with our core values and enhanced policies and procedures. We look forward to benefiting from his deep insights and expertise."
McClelland most recently served as director of the Office of Energy Infrastructure Security (OEIS) at the Federal Energy Regulatory Commission (FERC). Appointed to this role in September 2012, McClelland led FERC's external affairs efforts related to OEIS activities and assisted in identifying, communicating and seeking comprehensive solutions to potential risks to FERC-jurisdictional facilities from cyber and physical security threats.
Prior to directing OEIS, McClelland served as the first director of FERC's Office of Electric Reliability, which was created in 2007. He joined FERC in 2004 as director of the Division of Reliability within the Office of Energy Markets and Reliability.
Before joining FERC, McClelland had more than 20 years of experience in the electric utility industry. He began his career with Allegheny Energy Inc. (now part of FirstEnergy), holding a variety of positions in engineering, marketing, regulation and rates and project development. Immediately prior to joining FERC, McClelland was the general manager of the Custer Public Power District in Broken Bow, Nebraska.
McClelland earned a Bachelor of Science degree in electrical engineering from Pennsylvania State University.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its ten electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on Twitter @FirstEnergyCorp or online at www.firstenergycorp.com.
Forward-Looking Statements: This news release includes forward-looking statements based on information currently available to management. Such statements are subject to certain risks and uncertainties and readers are cautioned not to place undue reliance on these forward-looking statements. These statements include declarations regarding management's intents, beliefs and current expectations. These statements typically contain, but are not limited to, the terms "anticipate," "potential," "expect," "forecast," "target," "will," "intend," "believe," "project," "estimate," "plan" and similar words. Forward-looking statements involve estimates, assumptions, known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, which may include the following: the completion of the Tender Offer; the potential liabilities, increased costs and unanticipated developments resulting from government investigations and agreements, including those associated with compliance with or failure to comply with the Deferred Prosecution Agreement entered into on July 21, 2021 with the U.S. Attorney's Office for the Southern District of Ohio; the risks and uncertainties associated with government investigations and audits regarding Ohio House Bill 6, as passed by Ohio's 133rd General Assembly (HB 6) and related matters, including potential adverse impacts on federal or state regulatory matters, including, but not limited to, matters relating to rates; the risks and uncertainties associated with litigation, arbitration, mediation, and similar proceedings, particularly regarding HB 6 related matters, including risks associated with obtaining court approval of the definitive settlement agreement in the derivative shareholder lawsuits; weather conditions, such as temperature variations and severe weather conditions, or other natural disasters affecting future operating results and associated regulatory actions or outcomes in response to such conditions; legislative and regulatory developments, including, but not limited to, matters related to rates, compliance and enforcement activity, cybersecurity, and climate change; the ability to accomplish or realize anticipated benefits from our FE Forward initiative and our other strategic and financial goals, including, but not limited to, overcoming current uncertainties and challenges associated with the ongoing government investigations, executing our transmission and distribution investment plans, greenhouse gas reduction goals, controlling costs, improving our credit metrics, growing earnings, and strengthening our balance sheet; the risks associated with cyber-attacks and other disruptions to our, or our vendors', information technology system, which may compromise our operations, and data security breaches of sensitive data, intellectual property and proprietary or personally identifiable information; mitigating exposure for remedial activities associated with retired and formerly owned electric generation assets; the ability to access the public securities and other capital and credit markets in accordance with our financial plans, the cost of such capital and overall condition of the capital and credit markets affecting FirstEnergy, including the increasing number of financial institutions evaluating the impact of climate change on their investment decisions; the extent and duration of the COVID-19 pandemic and the related impacts to our business, operations and financial condition resulting from the outbreak of COVID-19 including, but not limited to, disruption of businesses in our territories, supply chain disruptions, additional costs, workforce impacts and governmental and regulatory responses to the pandemic, such as moratoriums on utility disconnections and workforce vaccination mandates; actions that may be taken by credit rating agencies that could negatively affect either our access to or terms of financing or our financial condition and liquidity; changes in assumptions regarding factors such as economic conditions within our territories, the reliability of our transmission and distribution system, or the availability of capital or other resources supporting identified transmission and distribution investment opportunities; changes in customers' demand for power, including, but not limited to, economic conditions, the impact of climate change, or energy efficiency and peak demand reduction mandates; changes in national and regional economic conditions, including recession and inflationary pressure, affecting FirstEnergy and/or its customers and those vendors with which FirstEnergy does business; the potential of non-compliance with debt covenants in our credit facilities; the ability to comply with applicable reliability standards and energy efficiency and peak demand reduction mandates; changes to environmental laws and regulations, including, but not limited to, those related to climate change; changing market conditions affecting the measurement of certain liabilities and the value of assets held in our pension trusts, or causing FirstEnergy to make contributions sooner, or in amounts that are larger, than currently anticipated; labor disruptions by our unionized workforce; changes to significant accounting policies; any changes in tax laws or regulations, or adverse tax audit results or rulings; and the risks and other factors discussed from time to time in our Securities and Exchange Commission filings. These forward-looking statements are also qualified by, and should be read together with, the risk factors included in FirstEnergy's filings with the SEC, including, but not limited to, the most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. The foregoing review of factors also should not be construed as exhaustive. New factors emerge from time to time, and it is not possible for management to predict all such factors, nor assess the impact of any such factor on FirstEnergy's business or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statements. FirstEnergy expressly disclaims any obligation to update or revise, except as required by law, any forward-looking statements contained herein or in the information incorporated by reference as a result of new information, future events or otherwise.
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SOURCE FirstEnergy Corp. | https://www.wibw.com/prnewswire/2022/07/05/firstenergy-names-joseph-mcclelland-vice-president-external-affairs/ | 2022-07-05T16:10:42Z |
Showing accelerating growth for Pebble — a fintech startup that pays users to save and spend their money.
NEW YORK, June 22, 2022 /PRNewswire/ -- Pebble — the financial app that pays users to save and spend their money — announced today that they'll be offering unlimited 5% cash back at more than 100 major global brands.
Merchant partners, including Airbnb, Amazon, Chipotle, Uber and Whole Foods will now allow their customers to pay with the Pebble digital wallet and receive unlimited 5% cash back on their purchases. By partnering with Pebble, retailers are empowered to bypass conventional credit and debit systems, which charge a hefty fee for payment services. Those cost savings are then passed onto Pebble customers.
"These partnerships represent the latest milestone for Pebble following our $6.2 million seed round," said Pebble Co-Founder and CEO Aaron Bai. "All of us at Pebble are gratified that more and more of the world's greatest brands are joining our ground-breaking approach to consumer finance, helping accelerate the growth and scale of operations."
Unlike traditional cash back accounts, Pebble users will not need to meet credit or account requirements to begin earning. Additionally, all the cash back will be instantly deposited into user accounts in the form of cash – not points. Finally, users never have to pay fees to sign-up or use their Pebble account. With this unique approach, Pebble aims to expand the access of such financial rewards to anyone who would like to have greater control over their money.
In addition to cash back opportunities, Pebble users also earn 5% APY rewards through using the Pebble app to store funds. Pebble is able to offer attractive rates of return because it converts cash deposits into a US dollar denominated blockchain-based currency called USDC, which is then lent to financial institutions. USDC, created by Circle and Coinbase, is asset backed 1 to 1 — meaning for every USDC there is a dollar equivalent in its reserves. USDC not only has the majority of their reserves managed by BlackRock, but has also passed every monthly audit from Granton Thorton.
Given this approach, Pebble stands at the vanguard of the fintech revolution, providing people with the tools they need to take control of their finances and earn more from their money. As it expands its innovative platform, Pebble looks forward to partnering with other leading global brands to provide savvy consumers with new ways to generate rewards that puts cash back into their pockets.
Pebble
Pebble is a fintech startup offering a financial product where users are paid to save and spend their money. Built on top of novel business models, Pebble incentivizes merchants, customers, and partners to participate in a more efficient financial system. Pebble calls this The Money Revolution. To learn more, visit https://www.pebble.us.
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SOURCE Pebble | https://www.mysuncoast.com/prnewswire/2022/06/22/pebble-fintech-app-now-offers-customers-unlimited-5-cash-back-more-than-100-major-brands/ | 2022-06-22T15:31:20Z |
Jerry Lee Lewis, Keith Whitley to join Country Music Hall of Fame
NASHVILLE, Tenn. (AP) — Rock & Roll Hall of Famer Jerry Lee Lewis, the late country singer Keith Whitley and music executive Joe Galante will join the Country Music Hall of Fame.
Lewis, 86, nicknamed “The Killer,” wore a red sequined jacket and white shoes at Tuesday’s announcement, where he was introduced by duo Brooks & Dunn.
“I was wondering if they were ever going to induct me,” Lewis said at the press conference. “But they’ve come around and I was really glad and grateful for it.”
From Ferriday, Louisiana, Lewis found his initial fame under the guidance of Sam Phillips at Sun Records in Memphis, where he played alongside Elvis Presley, Carl Perkins and Johnny Cash in the now famous Million Dollar Quartet. His energy and ego were showcased on his early rock hits like “Great Balls of Fire” and “Whole Lotta Shakin’ Goin’ On.”
Over the years, he’s been vocal about being snubbed from the Country Music Hall of Fame, saying he couldn’t understand not being recognized for his country records and contribution to the genre. The Country Music Association created the Hall of Fame and handles balloting. A veteran-era artist and a modern-era artist are inducted each year, along with a rotating category of non-performers, recording musicians and songwriters.
Lewis’ career was nearly derailed over the scandal of his marriage to his 13-year-old cousin, Myra, and he faced a backlash from fans during a tour in England in 1958, when crowds became combative.
Lewis spent several years blacklisted before mounting a return to the country charts in the late ‘60s. He had top country singles like “What Made Milwaukee Famous (Has Made a Loser Out of Me),” “She Even Woke Me Up to Say Goodbye,” and “To Make Love Sweeter for You.” He had No. 1 country hits with songs like “There Must Be More to Love Than This,” “Would You Take Another Chance on Me” and “Chantilly Lace.”
Whitley had a short career, spanning just four years and seven months on the Billboard charts before his death at the age of 34 in 1989. But the singer from Sandy Hook, Kentucky, found commercial breakthrough with hits like “When You Say Nothing at All” and “I’m No Stranger to the Rain.” He met Ricky Skaggs when they were both teenagers and they both were hired to be part of bluegrass legend Ralph Stanley’s band, the Clinch Mountain Boys.
The induction for Whitley has been a long time coming for many artists and fans who were captivated by his emotional voice and singing, including artists like Garth Brooks, who has been championing for Whitley’s induction. His widow, fellow country singer Lorrie Morgan, described during the press conference on Tuesday how much it meant to her family and their two children to have him inducted.
“Keith never knew how good he was,” said Morgan. “He would absolutely blown away if he were here today.”
Whitley met Morgan, then a receptionist at a studio, was while he was recording the demo of “Does Fort Worth Ever Cross Your Mind,” which became a hit for George Strait. They married in November 1986.
Morgan said that fans still visit Whitley’s grave site regularly, leaving mementos and paying their respects. She said that she also planned to visit his grave after the press conference to sit on a blanket with her family and cry.
Galante took the helm at RCA Nashville at age 32, the youngest person to ever lead a major label’s Nashville division. He would go on to sign artists like Clint Black, Kenny Chesney, Lorrie Morgan and Keith Whitley, Vince Gill, The Judds, Martina McBride and more. He helped the band Alabama achieve crossover success with multi-platinum hits. In the 1990s, he returned to New York and became president of RCA, where he signed artists like Wu-Tang Clan and the Dave Matthews Band.
But he returned to Nashville and oversaw the evolution of RCA to Sony BMG Nashville, adding imprints like Arista Nashville and Columbia Nashville. Sony BMG Nashville is now Sony Music Nashville. He left Sony Music Nashville in 2010, and has seen many of the artists he worked with over the years become Country Music Hall of Famers, including The Judds only weeks ago.
“I’ve been here a bunch,” Galante said of the Hall of Fame and Museum building, where the inducted artists have plaques on the wall of the rotunda. “I always walked around saying, ‘I know him, I know her.’ But I didn’t believe my name would ever be on that and it’s not something that was on my mind.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/17/jerry-lee-lewis-keith-whitley-join-country-music-hall-fame/ | 2022-05-17T17:52:04Z |
NEW YORK, June 23, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Covetrus, Inc. (NASDAQ: CVET)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Covetrus, Inc. (NASDAQ: CVET), in connection with the proposed acquisition of CVET by funds affiliated with Clayton, Dubilier & Rice and TPG Capital. Under the terms of the merger agreement, CVET shareholders will receive $21.00 in cash for each share of CVET common stock owned. If you own CVET shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/cvet
Watermark Lodging Trust, Inc. (OTC: WRMK)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Watermark Lodging Trust, Inc. (OTC: WRMK), in connection with the proposed acquisition of WRMK by funds managed by Brookfield. Under the terms of the merger agreement, WRMK shareholders will receive $6.768 in cash for each Class A share of WRMK common stock owned and $6.699 in cash for each Class T share of WRMK common stock owned. If you own WRMK shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/wrmk
Netflix, Inc. (NASDAQ: NFLX)
Weiss Law, a national shareholders' rights law firm, is investigating possible false and misleading statements, accounting and reporting practices and breaches of fiduciary duty and violations of the federal securities laws by the Board of Directors and certain Company officers of Netflix, Inc. (NASDAQ: NFLX) concerning NFLX growth and customer retention, leading to a significant stock price drop after NFLX revealed in April that it had lost more than 200,000 subscribers. If you own NFLX shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/nflx
Emclaire Financial Corp (NASDAQ: EMCF)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Emclaire Financial Corp (NASDAQ: EMCF) in connection with its proposed merger with Farmers National Banc Corp. ("Farmers"). Under the terms of the merger agreement, each shareholder of EMCF may elect to receive either $40.00 per share in cash or 2.15 shares of Farmers' common stock, subject to an overall limitation of 70% shares and 30% cash. If you own EMCF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/emcf
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SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/06/23/shareholder-alert-weiss-law-reminds-cvet-wrmk-nflx-emcf-shareholders-about-its-ongoing-investigations/ | 2022-06-23T13:14:01Z |
DOHA, Qatar (AP) — The most controversial World Cup ever will feature in Qatar the most politically charged matchups.
Just like in 1998, the United States will play Iran with diplomatic relations yet to be restored between the nations. Throw into the mix in Group B, England, whose government has endured tense relations with Tehran.
The group could yet be completed by Ukraine, whose ability to qualify for the World Cup has been postponed by being invaded by Russia. The Ukrainians will have to overcome Scotland and then Wales in the playoffs to make the tournament in November.
What is known is that Qatar will open its first World Cup against Ecuador on Nov. 18 after qualifying for the first time as host.
The draw in Doha on Friday delivered a thrilling matchup in Group E between Spain and Germany. Group C could see a meeting of the most recent FIFA Best winners with Lionel Messi’s Argentina drawn to play Robert Lewandowski’s Poland.
The world champion will be crowned in December for the first time due to the final being moved from its usual July slot to avoid Qatar’s fierce summer heat.
Qatar has spent 12 years, since winning the World Cup bid, fighting to protect the hosting rights amid corruption investigations and regional disharmony.
The implausibility of Qatar staging such a mammoth event within the congested confines of Doha was clear in the desert imagery that flashed on the screens around the draw venue. Images of skyscrapers growing from the sand served as a reminder of the vast projects required to develop this gas-rich nation in recent decades.
“The world can see Qatar as promised,” the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, told the audience.
The suffering of low-paid migrant workers went unmentioned.
There was an oblique reference before the draw by FIFA President Gianni Infantino to the war on Ukraine launched in February by 2018 host Russia.
“Our world is divided, our world is aggressive,” Infantino said, “and we need occasions to bring people together.”
There was a plea for peace.
“To all the leaders and all the people of the world,” Infantino added. “Stop the conflicts and the wars. Please engage in dialogue. Please engage in peace. We want this to be a World Cup of unity and the World Cup of peace.”
The day began with a protest outside FIFA headquarters in Zurich. German artist Volker-Johannes Trieb used balls filled with sand to protest against the suffering of migrant workers in Qatar who have worked on the infrastructure related to the World Cup.
___ AP Sports Writer Graham Dunbar contributed to this report.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/politically-charged-us-iran-in-first-middle-east-world-cup/ | 2022-04-01T19:24:01Z |
TSX and OTCQX: MPVD
TORONTO and NEW YORK, July 25, 2022 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVD) is pleased to announce the successful completion of its first analyst site tour since 2019, taking place on Wednesday July 20th. The Company also wishes to announce that it has entered into separate, privately negotiated transactions with certain holders of its outstanding 8.000% Senior Secured Second Lien Notes due 2022 (the "Notes") to repurchase for cancellation approximately US$26.4 million aggregate principal amount of the Notes for an aggregate cash repurchase price of approximately US$25.4 million (collectively, the "Repurchases").
Additionally, the company wishes to provide details for the release of its Q2 2022 earnings release and conference call.
Mountain Province Diamonds hosted a Site Tour to the Gahcho Kué Mine on July 20th, with financial analysts and advisors in attendance. In addition to visiting the active mining/processing areas of Gahcho Kué, the tour also visited the Kelvin Exploration Camp, where all recent exploration activity at the Kennady North Project, as well as the imminent summer 2022 drill program will be executed from. Present at the site tour was covering Equity Research Analyst Kieron Hodgson of Panmure Gordon, a UK-based Investment Bank which has coverage on the Company. Access to his research can be found via equity research portal Research-Tree.com.
The Company cautions that any such research provides a third-party view of the Company and is not endorsed by the Company. The Company will not redistribute third-party reports or otherwise republish or update such reports, but will maintain a list of analysts who cover the Company.
Mark Wall, the Company's President and Chief Executive Officer, commented:
"We were extremely pleased to host the financial community for a site tour, the first tour since 2019, and an opportunity for us to showcase the Kennady exploration properties and the Gahcho Kué operations. The tour came on the back of our press release on the growth potential of the Hearn orebody and we continue to focus on mine extension possibilities."
The Company has entered into separate, privately negotiated transactions with certain holders of its outstanding 8.000% Senior Secured Second Lien Notes due 2022 (the "Notes") to repurchase for cancellation approximately US$26.4 million aggregate principal amount of the Notes for an aggregate cash repurchase price of approximately US$25.3 million (collectively, the "Repurchases"). The last of the Repurchases is expected to close on or about July 26, 2022. Following the cancellation of the repurchased Notes, approximately US$273.5 million aggregate principal amounts of Notes will remain outstanding
Mountain Province may from time to time seek to repurchase additional Notes in open-market purchases, privately negotiated transactions or otherwise. Such repurchases, if any, will be upon such terms and at such prices as may be determined by the Company and the counterparty and will depend upon prevailing market conditions, the Company's liquidity requirements and other factors.
This news release is not an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.
The Company will host its quarterly conference call on Wednesday August 10th, 2022 at 11:00am EST. Prior to the conference call, the Company will release Q2 2022 financial results on August 9th, after-market.
Conference Call Dial-in Details:
Conference ID: 56265156
Date of call: 08/10/2022
Time of call: 11:00 Eastern Time
Expected Duration: 60 minutes
Webcast Link: https://app.webinar.net/EjQrB08Bd0K
Participant Toll-Free Dial-In Number: (+1) 888-390-0546
Participant International Dial-In Number: (+1) 416-764-8688
A replay of the webcast and audio call will be available on the Company's website.
Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada's Northwest Territories. The Gahcho Kué Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls 106,202 hectares of highly prospective mineral claims and leases that surround the Gahcho Kué Joint Venture property that include an indicated mineral resource for the Kelvin kimberlite and inferred mineral resources for the Faraday kimberlites.
For further information on Mountain Province Diamonds and to receive news releases by email, visit the Company's website at www.mountainprovince.com.
The disclosure in this news release of scientific and technical information regarding Mountain Province's mineral properties has been reviewed and approved by Matthew MacPhail, P.Eng., MBA, and Tom E. McCandless, Ph.D., P.Geo., both employees of Mountain Province Diamonds and Qualified Persons as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.
This news release contains certain "forward-looking statements" and "forward-looking information" under applicable Canadian and United States securities laws concerning the business, operations and financial performance and condition of Mountain Province Diamonds Inc. Forward-looking statements and forward-looking information include, but are not limited to, statements with respect to operational hazards, including possible disruption due to pandemic such as COVID-19, its impact on travel, self-isolation protocols and business and operations, estimated production and mine life of the project of Mountain Province; the realization of mineral reserve estimates; the timing and amount of estimated future production; costs of production; the future price of diamonds; the estimation of mineral reserves and resources; the ability to manage debt; capital expenditures; the ability to obtain permits for operations; liquidity; tax rates; and currency exchange rate fluctuations. Except for statements of historical fact relating to Mountain Province, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "anticipates," "may," "can," "plans," "believes," "estimates," "expects," "projects," "targets," "intends," "likely," "will," "should," "to be", "potential" and other similar words, or statements that certain events or conditions "may", "should" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Many of these assumptions are based on factors and events that are not within the control of Mountain Province and there is no assurance they will prove to be correct.
Factors that could cause actual results to vary materially from results anticipated by such forward-looking statements include the development of operation hazards which could arise in relation to COVID-19, including, but not limited to protocols which may be adopted to reduce the spread of COVID-19 and any impact of such protocols on Mountain Province's business and operations, variations in ore grade or recovery rates, changes in market conditions, changes in project parameters, mine sequencing; production rates; cash flow; risks relating to the availability and timeliness of permitting and governmental approvals; supply of, and demand for, diamonds; fluctuating commodity prices and currency exchange rates, the possibility of project cost overruns or unanticipated costs and expenses, labour disputes and other risks of the mining industry, failure of plant, equipment or processes to operate as anticipated.
These factors are discussed in greater detail in Mountain Province's most recent Annual Information Form and in the most recent MD&A filed on SEDAR, which also provide additional general assumptions in connection with these statements. Mountain Province cautions that the foregoing list of important factors is not exhaustive. Investors and others who base themselves on forward-looking statements should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. Mountain Province believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release.
Although Mountain Province has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Mountain Province undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they involve estimates of the mineralization that will be encountered as the property is developed.
Further, Mountain Province may make changes to its business plans that could affect its results. The principal assets of Mountain Province are administered pursuant to a joint venture under which Mountain Province is not the operator. Mountain Province is exposed to actions taken or omissions made by the operator within its prerogative and/or determinations made by the joint venture under its terms. Such actions or omissions may impact the future performance of Mountain Province. Under its current note and revolving credit facilities Mountain Province is subject to certain limitations on its ability to pay dividends on common stock. The declaration of dividends is at the discretion of Mountain Province's Board of Directors, subject to the limitations under the Company's debt facilities, and will depend on Mountain Province's financial results, cash requirements, future prospects, and other factors deemed relevant by the Board.
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SOURCE Mountain Province Diamonds Inc. | https://www.kxii.com/prnewswire/2022/07/25/mountain-province-diamonds-announces-successful-analyst-site-tour-repurchases-senior-secured-second-lien-notes-details-second-quarter-2022-earnings-release-conference-call/ | 2022-07-25T22:14:44Z |
BERLIN (AP) — German Chancellor Olaf Scholz pledged Friday to help troubled energy giant Uniper after it asked the government for a bailout to cope with surging prices for natural gas due to the war in Ukraine.
In a statement, Uniper said the “stabilization measures” it is seeking were “aimed at ceasing the current accumulation of substantial losses, covering Uniper’s liquidity needs and protecting Uniper’s investment-grade credit rating.”
Scholz assured the company — Germany’s biggest importer of Russian gas — of the government’s support.
“This is a company that is of great important to large parts of the economy and to many consumers,” he said during a visit to a trade fair in Munich. “Everyone can be sure: we will play our part to save Uniper.”
The company said its major shareholder, Finland-based Fortum, was also in talks with the German government to “address the negative impact of the current gas supply restrictions on Uniper.”
“Fortum’s proposal includes a restructuring of Uniper aiming at establishing a security of supply company under the ownership of the German government,” it said.
While the government could take a big stake in Uniper to keep the company afloat or let it pass on higher purchasing costs to consumers, Economy Minister Robert Habeck said Friday that the next steps were still being discussed.
“We won’t let a systemically relevant company become insolvent and cause turbulences on the global energy markets,” he said. “We will act.”
Uniper downgraded its financial outlook for this year last week, pointing to a sharp reduction in gas deliveries by Russia’s Gazprom in recent weeks that has forced it to buy substitute supplies at significantly higher prices.
“Since Uniper cannot yet pass on these additional costs, this results in significant financial burdens,” it said at the time.
Germany activated the second phase of its three-stage emergency plan for gas supplies last month. Triggering the third stage would allow the government to determine which sectors and companies gas suppliers need to prioritize, effectively amounting to state energy rationing.
___
Follow all AP stories on the fallout from the war in Ukraine at https://apnews.com/hub/russia-ukraine. | https://cw33.com/business/ap-business/german-energy-giant-uniper-asks-for-government-bailout/ | 2022-07-09T01:33:36Z |
Mahomes, Chiefs starters to play first quarter in preseason opener, Reid says
Andy Reid is bucking a trend of head coaches sitting their starting quarterback in preseason openers.
ST. JOSEPH, Mo. (KCTV) - Kansas City Chiefs head coach Andy Reid announced Thursday that quarterback Patrick Mahomes -- as well as other starters -- would start and play the first quarter against the Chicago Bears during Saturday’s preseason opener.
Reid told reporters that each of the four quarterbacks are expected to play a quarter Saturday.
Head coaches across the NFL have begun a trend of sitting their starting quarterbacks during the first of three preseason games. In starting Mahomes against the Bears, Reid will continue his habit of starting Mahomes during the Chiefs first preseason contest, something the Chiefs’ signal-caller has done in each of the past three preseasons.
READ MORE: Toub touts rookie running back as kick returner in preseason opener
Last year, Mahomes played just one series in the Chiefs preseason opener against the San Francisco 49ers.
The contest against the Bears will provide Chiefs fans with their first opportunity to see the 10 draft picks compete in live game action.
READ MORE: Report: Chiefs sign veteran defensive tackle Danny Shelton
The Chiefs and Bears will play Saturday at noon.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/08/11/mahomes-chiefs-starters-play-first-quarter-preseason-opener-reid-says/ | 2022-08-11T21:27:33Z |
A new authorized branded distributor initiative with Neste MY Sustainable Aviation Fuel™ supports the company's commitment to sustainable energy solutions
NEWS SUMMARY
- World Fuel Services (World Fuel) is now an authorized branded distributor of Neste MY Sustainable Aviation Fuel™, with the first supply location at Paris-Le Bourget (LFPB).
- This new initiative builds on World Fuel's long history of providing access to SAF in Europe, expanding existing supply points in the UK, Germany, and France.
- Supplying lower-emission fuels reflects World Fuel's ongoing commitment to developing innovative sustainability solutions for the aviation industry.
HOUSTON, June 28, 2022 /PRNewswire/ -- World Fuel Services (World Fuel) has announced they are now an authorized branded distributor of Neste MY Sustainable Aviation Fuel™ (SAF). Paris-Le Bourget Airport (LFPB/LBG) in France is the first location where the company delivered Neste's SAF as the authorized branded distributor.
"As a European airport leader for business aviation, Paris-Le Bourget airport has always been a pioneer in the aviation world; through this enthusiastic initiative led by World Fuel with Neste, we stay at the forefront of innovation and decarbonization," said Sébastien Couturier, managing director, Paris-Le Bourget Airport within Groupe ADP. "This new service will allow us to complete the biofuel offer available on our platform, putting us in a unique position in Europe. This is an excellent signal, which attests to the transition underway in business aviation."
Becoming an authorized branded distributor builds on World Fuel's ongoing commitment to developing innovative sustainability solutions for the aviation industry, which is exemplified by supporting customers in Europe with solutions and services such as:
- As one of the first companies to have blended SAF in the UK, World Fuel provides Farnborough Airport (EGLF) in Hampshire, England, with a supply of SAF from Neste.
- World Fuel managed Bremen Airport's (EDDW) fuel storage facility upgrade by converting an existing Avgas tank into a SAF tank and supplying a dedicated refueller asset to support Airbus' Beluga flight operations.
- At Toulouse-Blagnac Airport (LFBO), the company supported Airbus by delivering blended and 100% SAF for engine testing.
- World Fuel supplied SAF to the Royal Air Force Brize Norton in support of the Autumn Royal Tour and provided Boeing with SAF for flights related to the UK and the Middle East.
"World Fuel is committed to the industry's goal of reducing carbon emissions by 50%. Working together with Neste to expand the global supply chain of SAF furthers that commitment," said Duncan Storey, vice president, supply aviation Europe, World Fuel Services. "We will continue to invest in creating innovative solutions and expanding renewable and lower-emission fuels and energy offerings."
Neste's market-leading Neste MY Sustainable Aviation Fuel™ is fully certified for use and produced from 100% renewable and sustainable waste and residue raw materials, such as used cooking oil and animal fat waste. In its neat form and over its life cycle, Neste's SAF can reduce GHG emissions up to 80%* compared to fossil jet fuel use.
"SAF is a key element in achieving the aviation industry's emission reduction goals. Neste is leading the transformation to SAF and increasing its global SAF production capacity to 1.5 million tons per annum in 2023," said Jonathan Wood, vice president Europe, renewable aviation, Neste. "Partnering with World Fuel at Paris-Le Bourget Airport underlines our commitment to business aviation and supports the French government's ambitions for a more sustainable aviation industry."
Since 2015, World Fuel has delivered more than 27 million gallons of SAF to business and commercial aviation customers worldwide. Becoming an authorized branded distributor of Neste's SAF furthers the broader adoption of cleaner fuels that will help advance the industry on its path to net zero.
*Calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology
To learn more about World Fuel's efforts to create a more sustainable world, please visit https://aviation.World Fuelcorp.com/sustainability.
Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers worldwide. World Fuel Services sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions to its clients at more than 8,000 locations in more than 200 countries and territories through its Marine, Aviation, and World Kinect Energy Services divisions. For more information, visit www.wfscorp.com or www.world-kinect.com.
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world's leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We also have set high standards for biodiversity, human rights and supply chain. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world's most sustainable companies. In 2021, Neste's revenue stood at EUR 15.1 billion. Read more: neste.com
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SOURCE World Fuel Services | https://www.mysuncoast.com/prnewswire/2022/06/28/world-fuel-services-expands-customer-access-sustainable-aviation-fuel/ | 2022-06-28T10:30:45Z |
OKLAHOMA CITY, April 11, 2022 /PRNewswire/ -- Riley Exploration Permian, Inc. (NYSE American: REPX) ("Riley Permian" or the "Company") today announced that its Board of Directors has declared a cash dividend on the Company's common stock in the amount of $0.31 per share. The dividend is payable on May 5, 2022 to stockholders of record as of the close of business on April 21, 2022.
About Riley Exploration Permian, Inc.
Riley Permian is a growth-oriented, independent oil and natural gas company focused on the acquisition, exploration, development and production of oil, natural gas, and natural gas liquids. For more information please visit www.rileypermian.com.
Investor Contact:
Rick D'Angelo
405-438-0126
IR@rileypermian.com
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SOURCE Riley Exploration Permian, Inc. | https://www.kxii.com/prnewswire/2022/04/11/riley-permian-declares-quarterly-cash-dividend/ | 2022-04-11T20:51:10Z |
BASEBALL
UIL Playoffs
AREA ROUND
Class 4A
Lake Belton vs. Lufkin Hudson
Game 1: Lake Belton 3, Lufkin Hudson 1
Game 2: Lufkin Hudson 9, Lake Belton 4
Game 3: late Friday
Class 3A
Academy vs. Whitney
Game 1: Academy 6, Whitney 2
Game 2: Whitney 8, Academy 5
Game 3: noon Saturday, Hewitt Midway
Cameron Yoe vs. Troy
Game 1: Cameron Yoe 2, Troy 1
Game 2: Cameron Yoe 8, Troy 2
Class 2A
Holland vs. Mumford
Single game: Mumford 6, Holland 5
REGIONAL QUARTERFINALS
Class 1A Region IV
Bartlett vs. Round Top Carmine
Game 1: Round Top Carmine 15, Bartlett 3
Game 2: Round Top Carmine 14, Bartlett 11
SOFTBALL
HIGH SCHOOL
UIL Playoffs
REGIONAL QUARTERFINALS
Class 4A Region III
Lake Belton vs. Waco Connally
Single game: Lake Belton 10, Waco Connally 1
REGIONAL SEMIFINALS
Class 4A Region III
Lake Belton vs. El Campo or Huffman Hargrave
TBD
Class 1A Region IV
Bartlett vs. North Zulch
Single game: Bartlett 13, North Zulch 12
REGIONAL FINALS
Class 1A Region IV
Bartlett vs. TBD
TBD | https://www.tdtnews.com/sports/article_ae86a146-d330-11ec-8a78-83af9f566f77.html | 2022-05-14T06:05:42Z |
The first in market product was developed in cooperation with the U.S. Department of Defense
JERUSALEM, Aug. 30, 2022 /PRNewswire/ -- Rafa Laboratories LTD. ("Rafa") is pleased to announce the U.S. Food and Drug Administration has approved its "first in market" 10 mg midazolam autoinjector for the treatment of status epilepticus in adults.
The development of the product is yet another fruitful cooperation between Rafa and the U.S. Department of Defense's (DOD) Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense (JPEO-CBRND), having previously collaborated on the development of Rafa's Atropine autoinjector that was launched in the U.S. in 2017. The DOD's Chemical and Biological Defense Program also supported this effort.
The Midazolam 10 mg autoinjector is indicated for the treatment of status epilepticus, or prolonged seizures, in adults. As such, this new autoinjector can be used to treat seizures resulting from nerve agent exposure. According to the U.S. JPEO-CBRND, the autoinjector improves upon and will replace the currently fielded convulsant antidote for nerve agent (CANA) diazepam autoinjector.
FDA approval was obtained following an expedited review, a testament to the importance and urgent need of the product, with NDA submission and final approval achieved in less than five months through prioritized engagement between the U.S. DOD and the FDA. According to guidelines of the American Epilepsy Society, Midazolam Intra-muscular is a first-line therapy for Status Epilepticus.
Rafa's innovation resides in the use of an autoinjector to be administered intra muscularly to the thigh (can be administered through clothes as well), in a simple and fast manner which does not require an intravenous line. This is a significant advantage in a field setting during an emergency, when fast treatment reduces the likelihood of permanent damage that could result from a continuous seizure.
The product was developed in Israel and is manufactured at Rafa's manufacturing site in Jerusalem.
It is already sold under EUA in other territories and is an important addition to Rafa's current autoinjector portfolio, which includes various formulations for emergency use.
Amir Levin, CEO of Rafa, stated: "We are proud of the FDA approval for this life saving product. It is made in Israel and is meaningful news to the world of medical emergency solutions, thus strengthening Rafa's key role in providing reliable products to armies, governments, and first responders worldwide."
Roy Shay, Head of Emergency Solutions at Rafa, commented: "The usability of the autoinjector has a significant medical advantage in its immediate treatment effect, as well as in reducing long term damage. Clinical studies confirmed the correlation between early treatment of status epilepticus and a reduced risk of an ongoing and irreversible neurological damage. This product could assist in saving many lives around the globe."
About Rafa
Founded in 1937 and headquartered in Jerusalem, Israel, Rafa is among the leading pharmaceutical companies in Israel and a global player in emergency solutions – medical countermeasures, supplying auto-injectors for government agencies, military forces and civilian populations. Rafa's competencies span over the entire value chain from R&D and manufacturing by international standards (e.g. FDA, EMA) all the way through sales and marketing. With a proven track record of successful commercialization of niche and orphan products, Rafa has been privileged to nurture long-lasting alliances with leading innovative companies such as United Therapeutics, Helsinn, Zambon, Galderma, Dr. Falk and Mundipharma, in a variety of therapeutic areas including oncology, hematology, respiratory, gastroenterology, and dermatology. Rafa's controlling shareholder, FIMI Opportunity Funds, is the leading private equity fund in Israel with a track record of success spanning over 25 years and assets under management of $7b. Since its inception, FIMI's performance has been exceptional by both local and global standards after having completed close to 100 investments."
For additional information, please contact:
Roy Shay, Head of Emergency Solutions at Rafa, roys@rafa.co.il
Photo - https://mma.prnewswire.com/media/1887099/injection_rafa_Midzolam.jpg
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SOURCE Rafa | https://www.wibw.com/prnewswire/2022/08/30/rafa-receives-fda-approval-life-saving-midazolam-autoinjector/ | 2022-08-30T11:21:43Z |
LOS ANGELES (AP) — Homeless encampments that have proliferated in nearly every neighborhood of Los Angeles will no longer be allowed within 500 feet (152 meters) of schools and day care centers under a sweeping ban approved Tuesday during a City Council meeting disrupted by protesters who said the law criminalizes homelessness.
The council voted 11-3 to broadly expand an existing prohibition on sitting, sleeping or camping that previously only applied to schools and day cares specified by the council.
The meeting was recessed before the vote when dozens of demonstrators shouted their opposition to the measure and police officers cleared the council chamber. One person was arrested, said Los Angeles Police Department Officer Annie Hernandez said.
Protesters also gathered outside City Hall, chanting “Abolish 41.18,” a reference to the law prohibiting encampments on freeway overpasses, around railroad tracks, near loading docks, at libraries and other locations.
The final vote, which applies to the city’s public and private schools, came after two previous votes, including one last week that was also interrupted by a raucous protest.
Los Angeles is among many cities struggling to deal with a surge in homelessness and large encampments scattered along sidewalks that have sparked public outcry.
Supporters of the blanket ban said homeless camps pose health and safety threats to schoolchildren, especially because of the disruptive presence of people with drug addictions or mental illness.
“This is something to protect kids in our city,” Councilmember Paul Koretz said before voting for the measure. He said “asking folks in an encampment to move a couple hundred feet” should be be an easy decision if it means children have a safer walk to and from school.
About 750 public school sites are within Los Angeles and nearly 1,000 commercial day care businesses are registered with the city. The new public school year starts next Monday.
Opponents of the ban, including homeless advocates, said it would further criminalize homelessness and waste resources better spent on outreach and connecting people in need to services.
Homeless residents are far more likely to be victims of violence than perpetrators, the nonprofit People Assisting The Homeless, or PATH, said in a statement opposing the measure.
“Enforcement of anti-camping ordinances, then, only displaces people and makes it harder for trained outreach staff to establish trust again. Residents of cleared encampments, unless connected to stable permanent housing through a trauma-informed case management process, often return to unsheltered homelessness,” PATH said in a statement.
The measure must be signed by Los Angeles Mayor Eric Garcetti before it takes effect and his office didn’t immediately respond to phone and email messages seeking comment.
The ban comes as several hotels are set to end their involvement in the state’s Project Roomkey, which paid the hotels to provide hundreds of rooms to unsheltered people. | https://cw33.com/news/u-s-news/ap-us-headlines/los-angeles-oks-sweeping-ban-on-homeless-camps-near-schools-2/ | 2022-08-10T18:06:09Z |
YAKIMA, Wash., July 14, 2022 /PRNewswire/ -- Drum roll, please… Celebrity judge Carla Hall has chosen the four grand prize winners for the first ever Cosmic Crisp® Culinary Challenge! Calling for recipes featuring the versatile branded apple—hundreds of entries across the United States and Canada were submitted in Home Chef, Professional Chef, Retail Chef and Kid Chef categories. Winning recipes are now available at cosmiccrisp.com.
There is no judge better qualified to choose winning recipes for Cosmic Crisp® than Carla Hall. Her culinary credits range from winning Top Chef, to 7 seasons of co-hosting the Emmy Award winning daily cooking show The Chew, to her current role as a featured chef judging and hosting some of the most popular shows on Discovery's Food Network. And yes, she is also a fan of Cosmic Crisp® apples!
In addition to the four grand prize winners, Cosmic Crisp® is announcing ten honorable mentions for chefs that wow'd the brand with their creative culinary chops. See the full list below.
Developed over 20 years through classic breeding at Washington State University's tree fruit program, the Cosmic Crisp® apple has been intermittently available for the past three years. In its short time on the market, chefs of all types have discovered the apple's perfectly balanced flavor, remarkable texture, juiciness, and striking color. This harvest will bring the largest crop of Cosmic Crisp® apples into the market to date, and will ensure year-round availability.
"We would like to extend congratulations to all of the winners, and a sincere thank you to our special celebrity judge," said Kathryn Grandy, Chief Marketing Officer for Proprietary Variety Management, the company who markets the Cosmic Crisp® apple. "Seeing all of the new and unique ways chefs of all types use the Cosmic Crisp® apples as the star ingredient is a reminder for us to Imagine the Possibilities™ in the kitchen," she added.
Professional Chef: Jenny Dorsey
Recipe: Cosmic Crisp® Apple Pudding
Home Chef: Kari Henes
Recipe: Cosmic Crisp® Apple and Blue Cheese Grilled Cheese Panzanella
Retail Chef: Adrienne Vradenburg
Recipe: Bacon-Wrapped Cosmic Crisp® Apples with Cosmic Crisp® Vietnamese Nuoc Cham Dipping Sauce
Kid Chef: Evie Rudley
Recipe: Cosmic Crisp® Apple Breakfast Pizza
Honorable Mentions
Best Take on Pie - Denise McCrea
Best Condiment - Donna Marie Ryan Best Simple Salad - Mary Weldy
Most Creative - Lois Spruytte
Best Take on the Celebration Cake - Lorraine Stevenski
Most Indulgent Dessert - Brenda Watts
Best Muffin - Melissa Dsouza
Best Breakfast - Jolene Neufeldt
Best Bread Pudding - Braxton Hill
Best Main Dish - Jolene Neufeldt
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SOURCE Cosmic Crisp® | https://www.mysuncoast.com/prnewswire/2022/07/14/celebrity-judge-carla-hall-chooses-grand-prize-winners-cosmic-crisp-apple-culinary-challenge/ | 2022-07-14T21:59:11Z |
TORONTO, April 8, 2022 /PRNewswire/ - Corus Entertainment Inc. ("Corus") (TSX: CJR.B) announced today that its Board of Directors has declared quarterly dividends of $0.06 per Class B non-voting participating share ("Class B Non-Voting Shares") and $0.05875 per Class A participating share ("Class A Voting Shares") payable on June 30, 2022, to shareholders of record at the close of business on June 15, 2022.
The foregoing dividends are designated as "eligible" dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation.
Corus' Board of Directors reviews the dividend on a quarterly basis. Shareholders are entitled to receive dividends only when any such dividends are declared by Corus' Board of Directors and there is no entitlement to any dividend prior thereto.
Registered shareholders who are residents of Canada and who are not currently participating in Corus' Dividend Reinvestment Plan ("the Plan") may elect to participate in the Plan through the completion of an enrollment form which can be obtained from the Company's plan administrator, TSX Trust Company, on their website at https://tsxtrust.com/ or by calling 1.800.387.0825. The Plan allows eligible holders of Class A Voting Shares and Class B Non-Voting Shares to acquire additional Class B Non-Voting Shares through reinvestment of the cash dividends paid on their respective shareholdings. Non-registered beneficial shareholders who are residents of Canada and who wish to join the Plan should consult their broker, financial institution or other intermediary through which they hold Class A Voting Shares or Class B Non-Voting Shares.
Corus' Board of Directors confirms that the Company will distribute shares purchased on the open market at no discount from the average market price to the Plan participants of record, as determined pursuant to the terms of the Plan.
There were 3,373,726 Class A Voting Shares and 203,398,732 Class B Non-Voting Shares outstanding on March 31, 2022.
Corus Entertainment Inc. reports in Canadian dollars.
Corus Entertainment Inc. (TSX: CJR.B) is a leading media and content company that develops and delivers high quality brands and content across platforms for audiences around the world. Engaging audiences since 1999, the company's portfolio of multimedia offerings encompass 33 specialty television services, 39 radio stations, 15 conventional television stations, a suite of digital and streaming assets, animation software, technology and media services. Corus is an internationally-renowned content creator and distributor through Nelvana, a world class animation studio expert in all formats and Corus Studios, a globally recognized producer of hit scripted and unscripted content. The company also owns innovative full-service social digital agency so.da, lifestyle entertainment company Kin Canada, leading 2D animation software supplier Toon Boom and children's book publishing house, Kids Can Press. Corus' roster of premium brands includes Global Television, W Network, HGTV Canada, Food Network Canada, Magnolia Network Canada, The HISTORY® Channel, Showcase, Adult Swim, National Geographic, Disney Channel Canada, YTV, Global News, Globalnews.ca, Q107, Country 105, and CFOX, along with broadly distributed Canadian streaming platforms STACKTV, Nick+, the Global TV App and Curiouscast. For more information visit www.corusent.com.
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SOURCE Corus Entertainment Inc. | https://www.wibw.com/prnewswire/2022/04/08/corus-entertainment-declares-quarterly-dividend-class-class-b-shareholders/ | 2022-04-08T11:44:28Z |
Two arrested in Atoka County home robbery
CANEY, Okla. (KXII) - An 18-year-old man and a 14-year-old boy were arrested accused of robbing a man and his daughter at gunpoint inside their Caney home late Wednesday night.
According to the Atoka County Sheriff’s Office, deputies were called just before midnight to the 300 block of West Mill Street in Caney.
The victim told deputies he and his daughter were inside the residence when the suspects walked in and one pointed a pistol stating he would kill him, then left the house with several firearms and ammunition.
After a lengthy manhunt, Jackson Harrington, 18, and a 14 year old boy were caught and arrested, and the stolen firearms were recovered.
Caney Police assisted the Atoka County Sheriff’s Office in the arrests.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/06/17/two-arrested-atoka-county-home-robbery/ | 2022-06-17T16:56:14Z |
Which 10 products should you get for Amazon Pet Day?
Today is Amazon Pet Day, the retailer’s first-ever shopping event dedicated to helping pet owners save big on their favorite products. From dog food to cat carriers to aquarium cleaners, there are thousands of deals going live during the 24-hour event.
The mega sales event isn’t just for pet owners looking for deals, either. Amazon Pet Day has plenty to offer small business owners, including dog walkers, groomers, boarders, veterinarians and pet sitters. And because the average discount is around 30% off, pet rescues and shelters are leveraging the sales event to stock up on expensive items, such as pet food or preventive treatments.
What you need to know about shopping on Amazon Pet Day
What is Amazon Pet Day?
Amazon Pet Day is a 24-hour shopping event with thousands of deals on pet products. According to Amazon, the pet categories expected to see the most deals include treats and food, pet care, home, electronics, toys and small business.
Although most Amazon Pet Day discounts are between 10-30% off, many Lightning Deals are closer to 50% off. Certain pet products are eligible for coupons, while others are currently offering higher-than-usual discount promotions when you Subscribe and Save.
Why you should shop on Amazon Pet Day
It’s no secret that it’s expensive to own pets. A recent study found that over $123 billion was spent on pets in 2021 alone — an increase of nearly 20% from 2020. And now that Amazon Pet Day is delivering deals on the priciest products, including pet food, supplements and preventive treatments, many consumers are stocking up while prices are low.
But deep discounts aren’t the only reason to add items to your cart during Amazon Pet Day.
- Product availability: Ongoing supply chain issues have made it more difficult to find popular and niche pet food, which is why many consumers are now buying it in bulk.
- Expected price increases: Inflation has caused several pet brands to hike prices, making Amazon Pet Day one of the few times of the year shoppers will find deep discounts on pet essentials.
- Prime Day warm-up: Instead of waiting for Prime Day, which is expected to occur in July, pet owners can cash in on mega savings today. By some estimates, Amazon Pet Day is also expected to offer more and better deals on pet products than on Prime Day.
Do I need to be a Prime member to get deals on Amazon Pet Day?
Amazon Pet Day is open to all Amazon shoppers, including those who aren’t Prime members. With that said, the savings event is the perfect time to sign up for Amazon Prime, or at the very least, to leverage its free 30-day trial. That way, shoppers can enjoy all membership perks, particularly free two-day shipping on millions of eligible products — including most Amazon Pet Day deals.
How you can give back when you shop on Amazon Pet Day
There are a few ways you can give back while you shop on Amazon Pet Day — and it’s easier than you think.
- AmazonSmile: When you select a pet or animal charity through AmazonSmile, Amazon donates up to 0.5% of the purchase price from eligible purchases to the organization.
- Charity lists: Amazon hosts thousands of charity lists for pet and animal rescues, shelters and foundations shelters, including local chapters of the ASPCA and Humane Society. You can buy and send gifts directly from their Amazon Wishlists.
- Brands that give back: Many pet brands donate a portion of sales to charitable foundations, including Bissell, Purina, Greenies, Fresh Step, Wag and Kitzy.
Top 10 products pet owners should add to carts on Amazon Pet Day
Interact with your dog when you’re away from home with Furbo, an HD pet camera with two-way audio. The best part of the camera, however, is that it lets you toss your four-legged friend a treat.
Sold by Amazon
Bissell Pet Hair Eraser Turbo Plus Lightweight Vacuum
Pet hair is no match for this Bissell with a tangle-free brush roll that won’t jam and is easy to clean. The lightweight design is easy to maneuver and carry up and down stairs, making it a top choice for multilevel homes.
Sold by Amazon
Frontline Plus For Cats and Kittens
Protect cats of all ages from fleas, ticks and lice with this bestselling treatment that offers up to 30 days of protection.
Sold by Amazon
Jolly Pets Teaser Ball Dog Toy
If you’re in the market for a new dog toy, this virtually indestructible ball is designed for big dogs between 60-90 pounds. It’s suitable for indoor and outdoor play alike, and it can even be thrown in dog pools.
Sold by Amazon
PetSafe Freedom Dog or Cat Door
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/10-products-every-pet-owner-needs-from-amazon-pet-day/ | 2022-05-03T11:12:48Z |
WASHINGTON, May 5, 2022 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK and UONE) today reported its results for the quarter ended March 31, 2022. Net revenue was approximately $112.3 million, an increase of 22.9% from the same period in 2021. The Company reported operating income of approximately $36.5 million for the three months ended March 31, 2022, compared to approximately $23.8 million for the three months ended March 31, 2021. Broadcast and digital operating income1 was approximately $48.4 million, an increase of 33.0% from the same period in 2021. Net income was approximately $16.4 million or $0.32 per share (basic) compared to $7,000 or $0.00 per share (basic) for the same period in 2021. Adjusted EBITDA2 was approximately $42.0 million for the three months ended March 31, 2022, compared to approximately $30.2 million for the same period in 2021.
Alfred C. Liggins, III, Urban One's CEO and President stated, "We had extremely strong first quarter performance across the platform, with advertising revenues up double-digit percentages in all of our operating segments. Digital revenues were up 49.5%, Cable TV advertising revenues were up 46.9%, and radio advertising, excluding political and digital, was up 17.4%. This enabled us to grow Adjusted EBITDA by 38.9% year-over-year, and by $14.3 million or 51.6% vs. Q1 2019. Looking back at pre-pandemic revenues, when we aggregate our radio broadcasting, syndication, events and digital operations, net revenues were up 11.5% compared to Q1 2019. Second quarter core radio advertising is pacing up mid-single digits, as we start to lap the tougher comps from 2021. Our balance sheet continues to strengthen, with $166.4 million of cash and net leverage down to 4.07x."
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements represent management's current expectations and are based upon information available to Urban One at the time of this release. These forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond Urban One's control, that may cause the actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially are described in Urban One's reports on Forms 10-K, 10-Q, 10-Q/A, 8-K and other filings with the Securities and Exchange Commission (the "SEC"). Urban One does not undertake any duty to update any forward-looking statements.
The COVID-19 pandemic could have an impact on certain of our revenue and alternative revenue sources on a going forward basis. While parts of the country are recovering, other parts could see a resurgence of the pandemic and this could impact our results of operations, particularly in our larger markets such as Dallas, Houston and Atlanta. During the early portion of the pandemic, a number of advertisers across a variety of significant advertising categories reduced advertising spend due to the pandemic. This has been particularly true within our radio segment which derives substantial revenue from local advertisers, including in areas such as Texas, Ohio and Georgia. The economies in these areas were hit particularly hard due to social distancing and other government interventions. Further, the COVID-19 pandemic has caused a shift in the way people work and commute, which in some instances has altered demand for our broadcasting radio advertising. Finally, the COVID-19 outbreak caused the postponement or cancellation of certain of our tent pole special events or otherwise impaired or limited ticket sales for such events. A resurgence could have a similar future impact. We do not carry business interruption insurance to compensate us for losses and such losses may continue to occur as a result of the ongoing and fluctuating nature of the COVID-19 pandemic. New outbreaks or surges in new cases due to variants in the markets in which we operate could have material impacts on our liquidity, operations including potential impairment of assets, and our financial results. Likewise, our income from our investment in MGM National Harbor Casino has at times been negatively impacted by closures and limitations on occupancy imposed by state and local governmental authorities.
Net revenue consists of gross revenue, net of local and national agency and outside sales representative commissions. Agency and outside sales representative commissions are calculated based on a stated percentage applied to gross billing.
Net revenue increased to approximately $112.3 million for the quarter ended March 31, 2022, from approximately $91.4 million for the same period in 2021. Net revenues from our radio broadcasting segment increased 13.3% compared to the same period in 2021. Net revenue excluding political, from our radio broadcasting segment increased 13.9% compared to the same period in 2021. Reach Media's net revenues increased 28.3% for the three months ended March 31, 2022, compared to the same period in 2021, due primarily to increased demand. We recognized approximately $56.4 million and $46.2 million of revenue from our cable television segment during the three months ended March 31, 2022, and 2021, respectively, due primarily to both increased advertising and affiliate sales. Net revenue for our digital segment increased approximately $5.1 million for the three months ended March 31, 2022, compared to the same period in 2021 primarily from higher direct revenues.
Operating expenses, excluding depreciation and amortization, stock-based compensation and impairment of long-lived assets, increased to approximately $73.3 million for the quarter ended March 31, 2022, up 12.5% from the approximately $65.2 million incurred for the comparable quarter in 2021. The overall operating expense increase was driven by higher programming and technical expenses and higher selling, general and administrative expenses which were partially offset by lower corporate selling, general and administrative expenses.
As a result of the continued reopening of the economy and corresponding increases in revenue, we've incurred an increase in the following expenses: increase of $933,000 in employee compensation expenses, approximately $2.2 million in higher program content amortization expense at our cable television segment, $2.0 million in marketing spend, $2.1 million in contract labor, talent costs and consulting fees and $1.9 million in variable expenses. Finally, the decrease in corporate selling, general and administrative expenses for the three months ended March 31, 2022, compared to the same period in 2021 is primarily due to a decrease in expenses related to corporate development activities in connection with potential gaming and other similar business activities.
Depreciation and amortization expense increased to approximately $2.4 million for the quarter ended March 31, 2022, compared to approximately $2.3 million for the quarter ended March 31, 2021.
Interest expense decreased to approximately $15.9 million for the quarter ended March 31, 2022, compared to approximately $18.0 million for the quarter ended March 31, 2021. The Company made cash interest payments of approximately $30.6 million for the quarter ended March 31, 2022, compared to cash interest payments of approximately $13.9 million on its outstanding debt for the quarter ended March 31, 2021. As previously announced, on January 25, 2021, the Company closed on new senior secured notes (the "2028 Notes"). The proceeds from the 2028 Notes were used to prepay in full: (1) the 2017 Credit Facility; (2) the 2018 Credit Facility; (3) the MGM National Harbor Loan; (4) the remaining amounts of our 7.375% Notes; and (5) our 8.75% Notes that were issued in the November 2020 Exchange Offer.
During the three months ended March 31, 2022, we recorded a provision for income taxes of approximately $5.6 million compared to a benefit from income taxes of $10,000 for the three months ended March 31, 2021. The increase in the provision for income taxes was primarily due to the application of the estimated annual effective tax rate for the year to date and pre-tax income of approximately $22.7 million during the quarter. The tax provision resulted in an effective tax rate of 24.7% and (2.2)% for the three months ended March 31, 2022 and 2021, respectively. The Company paid $2,000 of cash taxes, net of refunds for the quarter ended March 31, 2022 and the Company received a refund of taxes of $32,000 for the quarter ended March 31, 2021.
Other income, net, was approximately $2.0 million and $1.7 million for the three months ended March 31, 2022 and 2021, respectively. We recognized other income in the amount of approximately $2.0 million and $1.7 million for the three months ended March 31, 2022 and 2021, respectively, related to our MGM investment.
Other pertinent financial information includes capital expenditures of approximately $1.6 million and $804,000 for the quarters ended March 31, 2022 and 2021, respectively.
During the three months ended March 31, 2022 and 2021, the Company did not repurchase any shares of Class A or Class D common stock.
The Company, in connection with its prior 2009 stock option and restricted stock plan and its current 2019 Equity and Performance Incentive Plan (the "2019 Plan"), is authorized to purchase shares of Class D common stock to satisfy employee tax obligations in connection with the vesting of share grants under the plan. During the three months ended March 31, 2022, the Company executed a Stock Vest Tax Repurchase of 2,649 shares of Class D Common Stock in the amount of $10,000. During the three months ended March 31, 2021, the Company executed a Stock Vest Tax Repurchase of 495,296 shares of Class D Common Stock in the amount of $872,000.
Supplemental Financial Information:
For comparative purposes, the following more detailed, unaudited statements of operations for the three months ended March 31, 2022 and 2021 are included.
Urban One, Inc. will hold a conference call to discuss its results for the first fiscal quarter of 2022. The conference call is scheduled for Thursday, May 05, 2022 at 10:00 a.m. EDT. To participate on this call, U.S. callers may dial toll-free 1-877-226-8215; international callers may dial direct (+1) 409-207-6982. The Access Code is 4339423.
A replay of the conference call will be available from 2:00 p.m. EDT May 05, 2022 until 12:00 a.m. EDT May 09, 2022. Callers may access the replay by calling 1-866-207-1041; international callers may dial direct (+1) 402-970-0847. The replay Access Code is 7445259.
Access to live audio and a replay of the conference call will also be available on Urban One's corporate website at www.urban1.com. The replay will be made available on the website for seven days after the call.
Urban One, Inc. (urban1.com), together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. The Company owns TV One, LLC (tvone.tv), a television network serving more than 59 million households, offering a broad range of original programming, classic series and movies designed to entertain, inform and inspire a diverse audience of adult Black viewers. As of March 31, 2022, we owned and/or operated 64 independently formatted, revenue producing broadcast stations (including 54 FM or AM stations, 8 HD stations, and the 2 low power television stations we operate) branded under the tradename "Radio One" in 13 urban markets in the United States. Through its controlling interest in Reach Media, Inc. (blackamericaweb.com), the Company also operates syndicated programming including the Rickey Smiley Morning Show, the Russ Parr Morning Show and the DL Hughley Show. In addition to its radio and television broadcast assets, Urban One owns iOne Digital (ionedigital.com), our wholly owned digital platform serving the African-American community through social content, news, information, and entertainment websites, including its Cassius, Bossip, HipHopWired and MadameNoire digital platforms and brands. We also have invested in a minority ownership interest in MGM National Harbor, a gaming resort located in Prince George's County, Maryland. Through our national multi-media operations, we provide advertisers with a unique and powerful delivery mechanism to the African-American and urban audiences.
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SOURCE Urban One, Inc. | https://www.wibw.com/prnewswire/2022/05/05/urban-one-inc-reports-first-quarter-results/ | 2022-05-05T12:14:57Z |
CYE is partnering with SSH to assist in cybersecurity optimization and with S2E to enable CYE to bring its services to Europe
TEL AVIV, Israel , June 8, 2022 /PRNewswire/ -- CYE, the industry leader in cybersecurity optimization platforms, announced today a new partnership with SSH, a Scandinavian defensive cybersecurity solution provider, and S2E, an Italian IT consulting firm. The two partnerships allow CYE to continue its hypergrowth as it expands into new markets in Europe.
SSH, which offers defensive cybersecurity solutions that enable customers to manage access to their critical data, will now offer CYE's solutions as part of its defensive cybersecurity portfolio, focusing on automated access control, monitoring, and auditing solutions. Offering CYE's technology will bring SSH's clients a data-driven security model that is aligned with business needs and creates an effective remediation tool for advanced organizations.
Additionally, CYE is partnering with S2E to deliver a unique offering to European enterprise companies by combining CYE's technology with S2E's consulting services. The partnership will enable organizations to make strategic and operational decisions and optimize security investments. CYE's technology will provide a wide number of professional services and bring relevant business insights to help S2E optimize their investments, thereby focusing organizations only on what matters most while reducing short- and long-term exposure.
"We are excited to launch these two new strategic partnerships," said Reuven Aronashvili, CEO and Founder of CYE. "We have experienced exponential growth in the past year and we are eager to create even more impact through strong local partnerships. Our partnerships with SSH and S2E will allow customers to gain the benefits of having cybersecurity expert teams combined with Hyver, our decision-making platform, visualizing their current posture, quantifying their risks, optimizing their cyber budget spend and increasing their resilience."
"We look forward to our partnership with CYE," said Dr. Teemu Tunkelo CEO of SSH. "SSH Zero Trust Editions include encryption key detection and cloud asset discovery features to help our customers see where their critical assets and credentials are located. Combined with CYE's security solutions we can demonstrate to our customers how potential insiders and external attackers can take advantage of unmanaged credentials or poorly managed access controls, passwords, and PIN codes," Tunkelo continues. "With our Zero Trust Access Management solutions, customers can improve their security posture by removing potential attack vectors caused by static passwords, PIN codes and dongles that can be borrowed or stolen, while modernizing their access controls for the era of hybrid cloud and quantum-safe encryption."
"S2E is looking forward to expanding our realm of work with the help of CYE's technology," said Cesare Moroni, CEO of S2E. "CYE's technology delivers a comprehensive understanding of the security status based on real attacks done by national-level red teams, analyzing the results, and creating mitigation plans while working with S2E's real-time remediation and consultant services. This mutual offering will enable organizations to make strategic and operational decisions and optimize their security investments."
About CYE
CYE's cybersecurity optimization platform enables businesses to visualize, quantify, and mitigate cyber risk so they can make better security decisions and invest in effective remediation. CYE combines technology with red team activity to deliver the most comprehensive organizational security assessments and contextual risk analysis and insights.
With headquarters in Israel and offices in New York and London, the company serves Fortune 500 and mid-market companies in multiple industries around the world.
CYE is funded by investors including EQT Private Equity and 83North. Visit us at cyesec.com.
About SSH
SSH helps organizations safeguard their mission-critical digital assets at rest, in transit and in use. We have 5,000+ customers worldwide, including 40 percent of Fortune 500 companies, and major organizations in Finance, Government, Retail, and Industrial segment. We are committed to helping our customers secure their business in the age of hybrid cloud and distributed IT and OT solutions. Our Zero Trust solutions offer safe electronic communications, secure access to servers and between servers. Our teams in North America, Europe, Asia along with a global network of certified partners ensure customer success. The company's shares (SSH1V) are listed on Nasdaq Helsinki. www.ssh.com.
About S2E
S2E is a business technology consulting company founded in 2008 in Italy. S2E redesigns, customizes, and develops a wide range of professional services and solutions using their consolidated experience in digital, data analytics and artificial intelligence, cloud and security. S2E is always looking for new technologies and welcomes changes to create value and shared success for their customers, partners, and communities.
Media Contact:
Laura Raanan
GK for CYE
Laura@gkpr.com
+972-506711772
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SOURCE CYE | https://www.wibw.com/prnewswire/2022/06/08/cye-expands-its-global-footprint-with-new-strategic-european-partnerships/ | 2022-06-08T13:07:40Z |
SHANGHAI, Sept. 15, 2022 /PRNewswire/ -- 2022 is the year when the transition towards a digital life has never been more acceptable and urgent. It marks the 2022 Shanghai International Blockchain Week and has also been the first year that we have decided to make our summit an entirely online one.
The Blockchain Week will be hosted online from September 16 to 28, comprising Wanxiang Blockchain Hackathon Fall 2022 (Sept. 16-18), Open Day (Sept. 19), and the Eighth Global Blockchain Summit.
As an exciting warmup event for 2022 Shanghai International Blockchain Week, Wanxiang Blockchain Hackathon Fall 2022, under the theme of "Together for A Shared Future in Blockchain", sets three tracks, namely the Green Future of low carbon and environmental protection, the Blue Future of Web3.0 and the Colorful Future of Digital Transformation. It gathers talented blockchain developers and excellent minds in relevant fields to push forward the development of Web3.
This year's Open Day will be 2022 Web3.0 Bootcamp Demo Day, which will include project demonstrations from the selected teams, talks and discussions focused on Web3, and an amazing cocktail party organized by Parity that evening.
The 8th Global Blockchain Summit, guided by People's Government of Hongkou District, Shanghai, is scheduled to take place from September 20 to 28. Nine days of the event will be separated by a lineup of themed forums, alongside an opening ceremony on the first day, each lasting for 2-3 hours. These forums will include talks and discussions centered on topics like blockchain technology, Layer2, DAO, Web3.0, privacy preserving, data governance, Metaverse, carbon neutrality, and IoT.
We're also excited to announce all our confirmed sponsors:
Diamond: DFINITYPlatinum: Protocol Labs, Qtum, NEAR Protocol, Web3 FoundationGold: Ningxia Western Cloud Data Technology Co. Ltd. (NWCD), ChainlinkStartup: Riverman, Relation Labs, Mortise Labs
For most attendees of the summit, one of the greatest value of participating in the event might be the opportunity to connect with and meet the leaders of the industry at an exclusive gathering. The Global Blockchain Summits always boasts an impressive and eclectic lineup of speakers, and confirmed speakers for this year's summit include XIAO Feng, Vice Chairman & Executive Director of China Wanxiang Holdings, Chairman and CEO of Wanxiang Blockchain, E. Glen Weyl, RadicalxChange Founder, Björn Wagner, Co-Founder and Chief Commercial Officer at Parity Technologies, Juan Benet, Protocol Labs Founder and CEO, Sergey Nazarov, Co-Founder of Chainlink, Miguel Palencia, COO & Co-Founder at Qtum Chain Foundation, DENG Chao, HashKey Capital CEO, Alex Gluchowski, zkSync CEO, Steven Goldfeder, Co-Founder and CEO at Offchain Labs, Eli Ben-Sasson, StarkWare Co-Founder and President, ZHANG Ye, Scroll Co-Founder, David Tarditi, Vice President of Engineering of CertiK, Kyle Song, Chief Product Officer at LatticeX Foundation, Dawn Song, Professor at UC Berkeley, Oasis Labs Founder and CEO, FEI Haiping, Huafeng Chuangxiang General Manager, Leo Lin, CEO at aitos.io, Vincent Y. Wang, Executive President of Wanxiang Blockchain, etc..
Here's the outline agenda for the 8th Global Blockchain Summit:
(The time listed below is in Beijing Time UTC+8.)
2022/9/20 Sun: Opening Ceremony
Time
Content
Speaker
09:30-09:40
Welcome Speech
XIAO Feng, Vice Chairman & Executive Director of China Wanxiang Holdings; Chairman and CEO of Wanxiang Blockchain
09:40-10:00
Opening Speech
TBD
10:00-10:20
Keynote Speech: The First Real World Computer: the Internet Computer Blockchain
Dominic Williams, Founder and Chief Scientist of Dfinity
10:20-10:40
Keynote Speech
Avery Ching, Aptos Co-founder and CTO
10:40-11:00
Keynote Speech: Decentralized Society: Finding Web3's Soul
E.Glen Weyl, RadicalxChange Founder
11:00-11:20
Keynote Speech: Standardization Accelerates the Innovation and Development of Metaverse
LI Ming, Chair of IEEE Computer Society Blockchain and Distributed Ledger Standard Committee
11:20-11:40
Keynote Speech: A New Phase of Blockchain: Outbreak of Application Protocols
2022/9/21 Venus: Blockchain Technology
14:00-14:20
Keynote Speech: NEAR Protocol: Create Without Limits
Illia Polosukhin, NEAR Protocol Co-Founder
14:20-14:40
Keynote Speech: A Deep Dive into the Polkadot Ecosystem and Substrate Developer Framework
Björn Wagner, Co-Founder and Chief Commercial Officer at Parity Technologies
14:40-15:00
Juan Benet, Protocol Labs Founder and CEO
15:00-15:20
Sergey Nazarov, Co-founder of Chainlink
15:20-15:40
Miguel Palencia, COO & Co-Founder at Qtum Chain Foundation
15:40-16:40
Panel: Development of Blockchain Technology
DENG Chao, HashKey Capital CEO (Moderator);Juan Benet, Founder of Protocol Labs; Dominic Williams, President and Chief Scientist of Dfinity; Illia Polosukhin, NEAR Protocol Co-Founder
2022/9/22 Jupiter: Ethereum 2.0 & Layer 2
Keynote Speech: zkEVM: Compatibility and Equivalence
Alex Gluchowski, zkSync CEO
Steven Goldfeder, Co-founder and CEO at Offchain Labs
Keynote Speech:StarkNet Explained
Eli Ben-Sasson, StarkWare Co-Founder and President
Keynote Speech: Scroll's Design and Architecture
ZHANG Ye, Scroll Co-founder
15:40-16:20
Panel: Ethereum 2.0: After the Merge
DONG Mo, Celer Network Co-founder (Moderator); Leo Li, HashQuark CEO; Steve Guo, Loopring CEO; Adam, ssv.network Co-founder
2022/9/23 Saturn: Privacy Preserving Computing and Data Governance
Keynote Speech: Securing the Web3 World
David Tarditi, Vice President of Engineering of CertiK
Kyle Song, Chief Product Officer at LatticeX Foundation
Self-sovereign Identity& Data Sovereignty：building towards a responsible data economy
Dawn Song, Professor at UC Berkeley, Oasis Labs Founder and CEO
Keynote Speech: Self-cultivation in the Digital Era
SHAN Fu, Founder and President of Hainan Jungu Digital Technology Research Institute
15:20-16:00
Panel:Blockchain Data Security and Privacy Discussion
Blue, Slowmist CTO (Moderator); GUO Yu, SECBIT Labs Founder and CEO; Emre Tekişalp, O(1) Labs CEO; Harry Halpin, Nym Technologies CEO
2022/9/24 Earth: IoT and Carbon Neutrality
Keynote Speech: "Identity Resolution + Blockchain" Empowers Digital Carbon Management in Industrial Sector
FEI Haiping, Huafeng Chuangxiang General Manager
Fireside Chat: How Carbon Neutrality Has to be an Ecosystem Game？
Leo Lin, CEO at aitos.io (Moderator); Vincent Y. Wang, Executive President of Wanxiang Blockchain; Chiew Tze Eng, Senior Director of 5G and IOT Transformation at NCS, APAC
WANG Feiyue, Director of the State Key Laboratory for Management and Control of Complex Systems at the Institute of Automation Chinese Academy of Sciences
Keynote Speech: Blockchain Technology and the Twin Goals of Climate Change
David Lee, Professor at Singapore University of Social Sciences
Panel: How Do Digital Technologies Like Blockchain Enable Enterprises to Achieve Carbon Peaking and Carbon Neutrality Goals?
PENG Feng, Director at Shanghai Environment and Energy Exchange Co. Ltd. (Moderator); SANG Jianzhong, General Manager, Certifier, Environment & Sustainability, Products Great ChinaTÜV Rheinland (Shanghai) Co., Ltd. ; DAI Junjie, Deputy General Manager of Green Low-carbon Business Department at China Quality Mark Certification Group Co., Ltd.; MAO Feifei, Digital Solution Head at Schneider Electric; SHENG Tao, Industrial Solution Director at NWCDCloud
2022/9/25 Mars: Metaverse
Keynote Speech: Three Basic Problems in the Digital World
DUAN Yongchao, Founding Partner of CoolReeds
Keynote Speech: Conceiving Digital Metaverse from Perspective of Growth
CHEN Xu, MetaZ Founder
WANG Qing, Editor-in-chief at SOUL APP
15:00-15:40
Panel: Metavers Infrastructure
DU Yu, Vice General Manager at Wanxiang Blockchain (Moderator); LI Ming, Chair of IEEE Computer Society Blockchain and Distributed Ledger Standard Committee; HE Zhan, Omniverse Lead at NVIDIA China; Louisa Zhu, General Manager of the Digital Human Center at Shanghai Ranmai Technology Co.,Ltd.; ZHANG Shuyu, Fengyuzhu Vice General Manager; Sherry Wang, Deputy General Manager at Shanghai Taidi Tech
Panel: How Does Metaverse Empower Brand Value
ZENG Dong, Head of Digital Business at Wanxiang Blockchain (Moderator); WANG Peng, President at Rongyi Digital Culture Development Center and Initiator and Producer of Asia Digital Art Exhibition;WU Bo, General Manager of the Metaverse Business Unit at Shanghai Mango Intelligent Entertainment Culture and Technology Co.,Ltd.
16:20-17:00
Panel: Future Opportunities and Challenges in Metaverse
LIAO Yaling, Manager of Digital City Business Division at Wanxiang Blockchain (Moderator), SHENG Xuefeng, President of Shanghai Smart City Development Institute; SUN Li, Director of Smart City Business Division at the East China Branch of CAICT; WEI Zheng, Cadre of the Information and Communications Development Division at Shanghai Communications Administration
2022/9/26 Uranus: Blockchain Economics
Keynote Speech: Some Thoughts on Proof-of-Stake (POS)
HE Zhiguo, Fuji Bank and Heller Professor of Finance at Booth School of Business of the University of Chicago
Keynote Speech: Web3 Economics and Three Promising Directions
Lin William Cong, Chair Professor of Management and Tenured Professor of Finance of Rudd Family at Cornell University
ZOU Chuanwei, Chief Economist of Wanxiang Blockchain
Keynote Speech: An Analysis on the Staking Economy
TANG Ke, Professor and President of Social Science Research Institute at Tsinghua University
Panel：Seminar on Frontier Problems in Blockchain Economics
ZOU Chuanwei, Chief Economist of Wanxiang Blockchain (Moderator); Lin William Cong, Chair Professor of Management and Tenured Professor of Finance of Rudd Family at Cornell University; HE Zhiguo, Fuji Bank and Heller Professor of Finance at Booth School of Business of the University of Chicago; TANG Ke, Professor and President of Social Science Research Institute at Tsinghua University
2022/9/27 Mercury:DAO
14:00-14:10
Keynote Speech: What Makes Community Certificate a Necessary Infrastructure for Web3?
Samuel Lin, Contri (2022 Wanxiang Blockchain Spring Hackathon Champion) Founder
14:10-14:30
Keynote Speech: Organizations as Code
Justice Conder, Governance Solution Engineer of Bankless Dao
14:30-14:50
Kevin Owocki, GitcoinDAO Founder
14:50-15:10
Fireside Chat: The Present and Future of SBT and Self-sovereign Identity
E.Glen Weyl, RadicalxChange Founder; Jupiter Zheng, Director of Research at HashKey Capital
15:10-15:30
Keynote Speech: DAO Protocol Stack: Web3 Infrastructure
Kevin Yu, TriDAO CEO
15:30-16:10
Panel: Web3.0 Investment Trends
XIAO Xiao, CFA, Investment Partner of HashKey Capital (Moderator); Paul Veradittakit, Partner of Pantera Capital; Jehan Chu, Founder and Managing Partner of Kenetic; Gavin Wang, Managing Partner at SNZ
2022/9/28 Neptune: Web3
2022 Wanxiang Blockchain Fall Hackathon Champion
Keynote Speech: Blockchain in Traditional Finance and Compliance
Clara Chiu, Founder and CEO at QReg Advisory Limited, Former Head of Fintech Unit and Director of Licensing of the SFC
Keynote Speech: Revolution of Web3.0 Infrastructure
Michael Wuehler, Infura Co-founder, ConsenSys
Sam Williams, Arweave Founder and CEO
Yat Siu, Co-Founder and Executive Chairman at Animoca Brands, Founder and CEO at Outblaze
15:30-16:30
Panel : Web3: DID, Data Network and Non-financial Applications
YAN Xin, EthSign CEO (Moderator); Joshua, RSS3 Founder; Frank Luo, Unipass Founder; Suji Yan, Mask Network CEO; Jessica C, Relation Labs Founder
Make a free reservation for the livestream of this global blockchain feast from Sep.20 to Sep.28 and stay tuned at:
https://www.wxblockchain.com/week2022/home?lang=en-US
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SOURCE Wanxiang Blockchain Labs
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/09/15/unveiling-agenda-2022-shanghai-international-blockchain-week-hosted-by-wanxiang-blockchain-labs/ | 2022-09-15T21:00:55Z |
LIBERTYVILLE, Ill., June 13, 2022 /PRNewswire/ -- Hollister Incorporated, a global medical device company, has been awarded a three-year group purchasing agreement for Urological products with vizient, Inc., the nation's largest member-driven health care performance improvement company.
The new agreement will allow vizient members increased access through negotiated pricing to the full portfolio of the Hollister Incorporated Urological products, including its VaPro™ hydrophilic catheters, which were designated by vizient as an Innovative Technology in 2019. Hollister Incorporated also offers a robust educational platform and ongoing patient support services.
"We are honored to be awarded a multi-year agreement for our Urological products with vizient, which will allow us the opportunity to serve their membership," said Casey Haan, Hollister Incorporated Managing Director, United States. "Aligning with vizient and its commitment to patient care will help us deliver on Our Mission to make life more rewarding and dignified for the people who use our products and services."
The agreement is effective for three years, beginning April 1st, 2022. Vizient's diverse membership and customer base includes academic medical centers, pediatric facilities, community hospitals, integrated health delivery networks and non-acute health care providers.
In addition to the product portfolio, Hollister Incorporated offers a service to support catheter and ostomy patients throughout the continuum of care.
"Hollister Secure Start℠ services provides a lifetime of personalized support and condition specific education to patients, to help them adjust to the physical and lifestyle changes they're navigating. Our consumer service advisors serve as product experts that are dedicated to helping patients with the tools and resources they need throughout their journey to get back to living their life, their way," said Jayme Schuler, Hollister Incorporated Director of Secure Start services.
Hollister Incorporated is an independent, employee-owned company that develops, manufactures, and markets healthcare products worldwide. The company develops and manufactures products for ostomy care, continence care and critical care, and also develops educational support materials for patients and healthcare professionals. Headquartered in Libertyville, Illinois, it has manufacturing and distribution centers on three continents and sells in nearly 80 countries. Hollister is a wholly owned subsidiary of The Firm of John Dickinson Schneider Inc. (JDS Inc.), a 100-year-old company. Hollister is guided by the shared Mission of JDS Inc., to make life more rewarding and dignified for people who use its products and services. www.Hollister.com.
Hollister, The Hollister logo, Secure Start and VaPro are trademarks of Hollister Incorporated. All other trademarks and copyright are the property of their respective owners.
Media Contact
Jennifer McGrath
Corporate Communications
Jennifer.McGrath@hollister.com
+1.224.358.7033
Related Links
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SOURCE Hollister Incorporated | https://www.wibw.com/prnewswire/2022/06/13/hollister-incorporated-receives-vizient-contract-urological-products/ | 2022-06-13T14:16:37Z |
CARLSBAD. Calif., Aug. 1, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it will release its first quarter fiscal year 2023 financial results on Monday, August 8, 2022, after the market closes, via a letter to shareholders posted to the Investor Relations section of its website. The Company will also host a conference call and webcast on Monday, August 8, 2022, at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time.
To participate on the live conference call, please dial: (646) 307-1963 in the U.S. or (800) 715-9871 internationally and reference the conference ID 7626718. The live webcast will be available on Viasat's Investor Relations website and will be archived and available on the site for approximately one month immediately following the conference call.
Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 36 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
Copyright © 2022 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
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SOURCE Viasat, Inc. | https://www.wibw.com/prnewswire/2022/08/01/viasat-sets-august-8-2022-first-quarter-fiscal-year-2023-financial-results-conference-call-webcast/ | 2022-08-01T13:23:40Z |
Published: Aug. 3, 2022 at 5:30 AM CDT|Updated: 2 hours ago
Company affirms guidance and financial outlooks; expect 2022 results in top half of the range
NEW ORLEANS, Aug. 3, 2022 /PRNewswire/ -- Entergy Corporation (NYSE: ETR) reported second quarter 2022 earnings per share of 78 cents on an as-reported basis and $1.78 on an adjusted basis (non-GAAP).
"We had a productive second quarter with accomplishments that made meaningful progress toward our stakeholder objectives," said Leo Denault, Entergy chairman and chief executive officer. "Higher retail sales were driven by customer growth and hot temperatures across our region. As a result, we are implementing several initiatives to improve affordability and customer experience."
Business highlights included the following:
E-TX and Sempra Infrastructure entered into a memorandum of understanding to develop options designed to accelerate the deployment of new renewable generation and to increase the resilience of power supply in E-TX's Southeast Texas service area, where Sempra Infrastructure's facilities are under development.
Construction was completed on E-MS's 100 MW Sunflower Solar Station.
E-MS announced that the company selected several resources from its 2022 renewable RFP.
E-AR increased its 2022 renewable RFP to 1,000 MW from 500 MW.
E-TX completed a substation that is part of a $44 million investment in the Huntsville distribution network, improving the reliability and resiliency of the local grid.
The MPSC approved a settlement agreement to resolve all of the MPSC's complaints against SERI; the proposed settlement is subject to FERC approval.
The MPSC approved E-MS's annual FRP filing.
E-NO submitted its preliminary grid hardening and resilience plan to the CCNO.
E-LA, E-NO, and E-AR filed their annual FRPs, and E-TX filed its base rate case.
E-NO submitted its filing for certification of Hurricane Ida costs.
Entergy completed the sale of Palisades, EWC's last remaining nuclear asset.
Edison Electric Institute announced Entergy as a recipient of its Emergency Assistance Award.
For the seventh consecutive year, Entergy was named to The Civic 50, a Points of Light initiative honoring the 50 most community-minded companies in the U.S.
Consolidated results
For second quarter 2022, the company reported earnings of $160 million, or 78 cents per share, on an as-reported basis, and earnings of $364 million, or $1.78 per share, on an adjusted basis. This compared to a second quarter 2021 loss of $(6 million), or (3) cents per share, on an as-reported basis, and earnings of $269 million, or $1.34 per share, on an adjusted basis.
Summary discussions by business are below. Additional details, including information on OCF by business, are provided in Appendix A. An analysis of quarterly and year-to-date variances by business is provided in Appendix B.
Business segment results
Utility
For second quarter 2022, the Utility business reported earnings attributable to Entergy Corporation of $153 million, or 75 cents per share, on an as-reported basis, and earnings of $444 million, or $2.17 per share, on an adjusted basis. This compared to second quarter 2021 earnings of $326 million, or $1.62 per share, on both an as-reported and an adjusted basis. There were several drivers for the quarter's results.
In second quarter 2022, SERI recorded a regulatory charge of $(551 million) ($(413 million) after tax) to increase a regulatory liability to reflect the effects of a partial settlement agreement and offer of settlement related to pending proceedings before the FERC. In June 2022, the MPSC approved a settlement for its 40 percent portion of the complaints. The $588 million liability balance reflects potential refunds if a full settlement is reached with all parties on the same terms as the MPSC settlement. This item was considered an adjustment and excluded from adjusted earnings.
As a result of receiving approvals for storm cost recovery and issuance of securitized debt at E-LA and E-TX, the companies recorded the following:
the equity portion of carrying costs on storm expenditures not previously recorded (the portions related to prior years were considered an adjustment and excluded from adjusted earnings),
a reduction in other income to account for LURC's 1 percent beneficial interest in the trust established as part of E-LA's securitization (considered an adjustment and excluded from adjusted earnings),
a reduction in income tax expense as a result of securitization (considered adjustments and excluded from adjusted earnings), and
amounts reserved to share benefits of securitization with customers (considered adjustments and excluded from adjusted earnings).
Other drivers included:
higher retail sales volume, including the impacts of weather;
the net effect of regulatory actions across the operating companies;
higher operating expenses including other O&M, depreciation expense, and taxes other than income taxes; and
regulatory provisions recorded in second quarter 2021.
On a per share basis, second quarter 2022 results reflected higher diluted average number of common shares outstanding.
Appendix C contains additional details on Utility operating and financial measures.
Parent & Other
For second quarter 2022, Parent & Other reported a loss attributable to Entergy Corporation of $(80 million), or (39) cents per share, on both an as-reported and an adjusted basis. This compared to a second quarter 2021 loss of $(57 million), or (28) cents per share, on both an as-reported and an adjusted basis. Income taxes contributed to the variance.
On a per share basis, second quarter 2022 results reflected higher diluted average number of common shares outstanding.
Entergy Wholesale Commodities
For second quarter 2022, EWC reported earnings attributable to Entergy Corporation of $87 million, or 42 cents per share, on an as-reported basis. This compared to a second quarter 2021 loss attributable to Entergy Corporation of $(275 million), or $(1.37) per share, on an as-reported basis. Drivers for the quarter included:
a gain of $166 million ($130 million after-tax) as a result of the sale of Palisades in second quarter 2022,
a loss of $340 million ($268 million after-tax) on the sale of Indian Point in second quarter 2021,
lower other O&M and depreciation expense due primarily to the shutdown of Indian Point 3 and Palisades, and
lower decommissioning expenses primarily due to the sale of Indian Point.
These drivers were partially offset by:
lower revenue primarily due to the shutdown of Indian Point 3 and Palisades, and
the absence of earnings from NDTs as a result of the sale of Indian Point.
On a per share basis, second quarter 2022 results reflected higher diluted average number of common shares outstanding.
Appendix D contains additional details on EWC operating and financial measures, including reconciliation for non-GAAP EWC adjusted EBITDA.
Earnings per share guidance
Entergy affirmed its 2022 adjusted EPS guidance range of $6.15 to $6.45, and the company expects results to be in the top half of the range. See webcast presentation for additional details.
The company has provided 2022 earnings guidance with regard to the non-GAAP measure of Entergy adjusted EPS. This measure excludes from the corresponding GAAP financial measure the effect of adjustments as described below under "Non-GAAP financial measures." The company has not provided a reconciliation of such non-GAAP guidance to guidance presented on a GAAP basis because it cannot predict and quantify with a reasonable degree of confidence all of the adjustments that may occur during the period. One adjustment will be the exclusion of EWC earnings from Entergy adjusted EPS. We currently estimate that the contribution of EWC to Entergy's as-reported EPS will be approximately 20 cents in 2022.
Earnings teleconference
A teleconference will be held at 10:00 a.m. Central Time on Wednesday, August 3, 2022, to discuss Entergy's quarterly earnings announcement and the company's financial performance. The teleconference and a replay of the teleconference may be accessed by visiting Entergy's website at www.entergy.com; for participants who would like to participate via telephone, please register at https://register.vevent.com/register/BI6152b07a27274da89f66365f26ee51ee to receive the dial-in number along with a unique PIN that is required to access the call (the registration link can also be found on Entergy's website). The webcast presentation is also being posted to Entergy's website concurrent with this news release.
Entergy Corporation, a Fortune 500 company headquartered in New Orleans, powers life for 3 million customers through its operating companies across Arkansas, Louisiana, Mississippi, and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse power generation portfolio, including increasingly carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, delivering more than $100 million in economic benefits to local communities through philanthropy and advocacy efforts annually over the last several years. Our approximately 12,000 employees are dedicated to powering life today and for future generations.
Entergy Corporation's common stock is listed on the New York Stock Exchange and NYSE Chicago under the symbol "ETR".
Details regarding Entergy's results of operations, regulatory proceedings, and other matters are available in this earnings release, a copy of which will be filed with the SEC, and the webcast presentation. Both documents are available on Entergy's Investor Relations website at www.entergy.com/investor_relations.
Entergy maintains a web page as part of its Investor Relations website, entitled Regulatory and Other Information, which provides investors with key updates on certain regulatory proceedings and important milestones on the execution of its strategy. While some of this information may be considered material information, investors should not rely exclusively on this page for all relevant company information.
For definitions of certain operating measures, as well as GAAP and non-GAAP financial measures and abbreviations and acronyms used in the earnings release materials, see Appendix F.
Non-GAAP financial measures
This news release contains non-GAAP financial measures, which are generally numerical measures of a company's performance, financial position, or cash flows that either exclude or include amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP. Entergy has provided quantitative reconciliations within this news release of the non-GAAP financial measures to the most directly comparable GAAP financial measures.
Entergy reports earnings using the non-GAAP measure of Entergy adjusted earnings, which excludes the effect of certain "adjustments," including the removal of the Entergy Wholesale Commodities segment in light of the company's exit from the merchant power business. Adjustments are unusual or non-recurring items or events or other items or events that management believes do not reflect the ongoing business of Entergy, such as the results of the EWC segment, significant tax items, and other items such as certain costs, expenses, or other specified items. In addition to reporting GAAP consolidated earnings on a per share basis, Entergy reports its adjusted earnings on a per share basis. These per share measures represent the applicable earnings amount divided by the diluted average number of common shares outstanding for the period.
Management uses the non-GAAP financial measures of adjusted earnings and adjusted earnings per share for, among other things, financial planning and analysis; reporting financial results to the board of directors, employees, stockholders, analysts, and investors; and internal evaluation of financial performance. Entergy believes that these non-GAAP financial measures provide useful information to investors in evaluating the ongoing results of Entergy's business, comparing period to period results, and comparing Entergy's financial performance to the financial performance of other companies in the utility sector.
Other non-GAAP measures, including adjusted EBITDA; adjusted ROE; adjusted ROE, excluding affiliate preferred; gross liquidity; net liquidity; net liquidity, including storm escrows; debt to capital, excluding securitization debt; net debt to net capital, excluding securitization debt; parent debt to total debt, excluding securitization debt; FFO to debt, excluding securitization debt; and FFO to debt, excluding securitization debt, return of unprotected excess ADIT, and severance and retention payments associated with exit of EWC, are measures Entergy uses internally for management and board discussions and to gauge the overall strength of its business. Entergy believes the above data provides useful information to investors in evaluating Entergy's ongoing financial results and flexibility, and assists investors in comparing Entergy's credit and liquidity to the credit and liquidity of others in the utility sector. In addition, ROE is included on both an adjusted and an as-reported basis. Metrics defined as "adjusted" (other than EWC's adjusted EBITDA) exclude the effect of adjustments as defined above. EWC's adjusted EBITDA represents EWC's earnings before interest, taxes, and depreciation and amortization, and also excludes decommissioning expense.
These non-GAAP financial measures reflect an additional way of viewing aspects of Entergy's operations that, when viewed with Entergy's GAAP results and the accompanying reconciliations to corresponding GAAP financial measures, provide a more complete understanding of factors and trends affecting Entergy's business. These non-GAAP financial measures should not be used to the exclusion of GAAP financial measures. Investors are strongly encouraged to review Entergy's consolidated financial statements and publicly filed reports in their entirety and not to rely on any single financial measure. Although certain of these measures are intended to assist investors in comparing Entergy's performance to other companies in the utility sector, non-GAAP financial measures are not standardized; therefore, it might not be possible to compare these financial measures with other companies' non-GAAP financial measures having the same or similar names.
In this news release, and from time to time, Entergy Corporation makes certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other things, statements regarding Entergy's 2022 earnings guidance; current financial and operational outlooks; industrial load growth outlooks; statements regarding its climate transition and resilience plans, goals, beliefs, or expectations; and other statements of Entergy's plans, beliefs, or expectations included in this news release. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this news release and in Entergy's most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q, and Entergy's other reports and filings made under the Securities Exchange Act of 1934; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated by the utilities and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of major storms and recover related restoration costs; (d) risks associated with operating nuclear facilities, including plant relicensing, operating, and regulatory costs and risks; (e) changes in decommissioning trust fund values or earnings or in the timing or cost of decommissioning Entergy's nuclear plant sites; (f) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (g) risks and uncertainties associated with executing on business strategies, including strategic transactions that Entergy or its subsidiaries may undertake and the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized; (h) impacts from terrorist attacks, geopolitical conflicts, cybersecurity threats, data security breaches, or other attempts to disrupt Entergy's business or operations, and/or other catastrophic events; (i) the direct and indirect impacts of the COVID-19 pandemic on Entergy and its customers; and (j) effects on Entergy or its customers of (1) changes in federal, state, or local laws and regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, or energy policies; (2) the effects of changes in commodity markets, capital markets, or economic conditions; and (3) the effects of technological change, including the costs, pace of development, and commercialization of new and emerging technologies.
Second quarter 2022 earnings release appendices and financial statements
Appendices
A: Consolidated results and adjustments B: Earnings variance analysis C: Utility operating and financial measures D: EWC operating and financial measures E: Consolidated financial measures F: Definitions and abbreviations and acronyms G: Other GAAP to Non-GAAP reconciliations
Financial statements
Consolidating balance sheets Consolidating income statements Consolidated cash flow statements
A: Consolidated results and adjustments Appendix A-1 provides a comparative summary of consolidated earnings, including a reconciliation of as-reported earnings (GAAP) to adjusted earnings (non-GAAP).
See Appendix B for detailed earnings variance analysis.
Appendix A-2 and Appendix A-3 list adjustments by business. Adjustments are included in as-reported earnings consistent with GAAP but are excluded from adjusted earnings. As a result, adjusted earnings is considered a non-GAAP measure.
Appendix A-4 provides a comparative summary of OCF by business.
OCF decreased for the quarter due largely to the higher fuel and purchased power cost. Higher interest payments also contributed to the decline. These decreases were partially offset by lower severance and retention payments at EWC, lower non-capital storm restoration expenditures, and higher utility customer receipts (including the effects of weather).
B: Earnings variance analysis Appendix B provides details of current quarter 2022 versus 2021 as-reported and adjusted earnings per share variances for Utility, Parent & Other, and EWC.
C: Utility operating and financial measures Appendix C provides comparative summaries of Utility operating and financial measures.
For the quarter, retail sales volume increased across all customer classes, including the effect of hotter weather on residential and commercial sales. The increase in industrial usage was due to an increase in demand from expansion projects, primarily in the chemicals, transportation, and petroleum refining industries, an increase in demand from cogeneration customers, and an increase in demand from existing customers, primarily in the chemicals and pulp and paper industries as a result of prior year temporary plant shutdowns. The increase in weather-adjusted commercial usage was primarily due to an increase in customers and the effect of the COVID-19 pandemic on businesses in second quarter 2021.
D: EWC operating and financial measures Appendix D-1 provides a comparative summary of EWC operating and financial measures.
Appendix D-2 provides a comparative summary of EWC adjusted EBITDA (non-GAAP).
E: Consolidated financial measures Appendix E provides comparative financial measures. Financial measures in this table include those calculated and presented in accordance with GAAP, as well as those that are considered non-GAAP financial measures.
F: Definitions and abbreviations and acronyms Appendix F-1 provides definitions of certain operating measures, as well as GAAP and non-GAAP financial measures.
Appendix F-2 explains abbreviations and acronyms used in the quarterly earnings materials.
G: Other GAAP to non-GAAP reconciliations Appendix G-1, Appendix G-2, and Appendix G-3 provide reconciliations of various non-GAAP financial measures disclosed in this news release to their most comparable GAAP measure.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/08/03/entergy-reports-second-quarter-earnings/ | 2022-08-03T12:11:37Z |
Supreme Court rules against Navajo Nation member prosecuted twice
WASHINGTON (AP) — The Supreme Court ruled Monday that Native Americans prosecuted in certain tribal courts can also be prosecuted based on the same incident in federal court, which can result in longer sentences.
The 6-3 ruling is in keeping with an earlier ruling from the 1970s that said the same about a more widely used type of tribal court.
The case before the justices involved a Navajo Nation member, Merle Denezpi, accused of rape. He served nearly five months in jail after being charged with assault and battery in what is called a Court of Indian Offenses, a court that deals exclusively with alleged Native American offenders.
Under federal law, Courts of Indian Offenses can only impose sentences of generally up to a year. The man was later prosecuted in federal court and sentenced to 30 years in prison. He said the Constitution’s “Double Jeopardy” clause should have barred the second prosecution.
But the justices disagreed.
“Denezpi’s single act led to separate prosecutions for violations of a tribal ordinance and a federal statute. Because the Tribe and the Federal Government are distinct sovereigns, those” offenses are not the same, Justice Amy Coney Barrett wrote for a majority of the court. “Denezpi’s second prosecution therefore did not offend the Double Jeopardy Clause.”
The Biden administration had argued for that result as had several states, which said barring federal prosecutions in similar cases could allow defendants to escape harsh sentences.
The case before the justices involves a tribal court system that has become increasingly rare over the last century. Courts of Indian Offenses were created in the late 1800s during a period when the federal government’s policy toward Native Americans was to encourage assimilation. Prosecutors are federal officers answerable to federal authorities, not tribal authorities.
Federal policy toward Native Americans shifted in the mid-1930s, however, to emphasize a greater respect for tribes’ native ways. As part of that, the government has encouraged tribes to create their own tribal courts, and the number of Courts of Indian Offenses has steadily decreased. Today there are five regional Courts of Indian Offenses that serve 16 tribes in Colorado, Oklahoma, Nevada, New Mexico and Utah. They are generally tribes with a small number of members or limited resources. Nationwide there are more than 570 federally recognized tribes.
The court said in 1978 that the Double Jeopardy clause did not bar the federal government from prosecuting a Native person in federal court after a tribal court prosecution, so the only question for the court this time was whether the rule should be different for Courts of Indian Offenses.
In July 2017, Denezpi traveled with a female member of the Navajo Nation to Towaoc, Colorado, which is a part of the Ute Mountain Ute Reservation. While there, Denezpi raped the woman.
Denezpi was first charged in a Court of Indian Offenses with assault and battery, among other things. He eventually agreed to a so-called Alford plea in the case, not admitting guilt but acknowledging that prosecutors had enough evidence that he would likely be convicted at trial. He was sentenced to time served, 140 days in jail. His prosecution in federal court followed.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/13/supreme-court-rules-against-navajo-nation-member-prosecuted-twice/ | 2022-06-13T15:26:21Z |
Partners with The Coca-Cola Racing Family for exclusive collectible cup
ATLANTA, July 26, 2022 /PRNewswire/ -- Krystal, the original home of the slider in the South, is feeling the need for speed and winning with their newest Coca-Cola promotion. Krystal, in partnership with The Coca-Cola Company, is launching a collectible 32 oz. cup featuring the four members of the Coca-Cola Racing Family, including NASCAR drivers Daniel Suarez, Denny Hamlin, Joey Logano and Austin Dillon. The restaurant is putting fans in the winning slot with a sweepstakes that includes a grand prize of $5,000, plus other prizes.
"We are excited to bring the thrill of NASCAR racing to our customers and offer different opportunities for winning through our sweepstakes," said Alice Crowder, Chief Marketing Officer for Krystal Restaurants LLC. "Plus, what better way to stay cool this summer than with our collectible cup featuring the Coca-Cola Racing Family? Each cup holds the chance for winning with a special QR code that could unlock various prizes or the grand cash prize."
The Krystal Coca-Cola Racing collectible cups are available for purchase at all participating restaurants. The cups may be filled with your favorite Coca-Cola beverage, then you can sip, scan, and win. Each cup features a QR code that may be scanned to enter the sweepstakes. The code also gives access to an instant win game, where participants may be eligible for food and drink prizes. The instant win prizes may be redeemed via the Krystal app, which is available for download on the App Store or Google Play.
Sip. Scan. Win. The grand prize for the sweepstakes is $5,000. Other prizes include signed Coca-Cola Racing merchandise and the instant win prizes of free Krystal, including the Original Krystal, Cheese Krystal, Krystal Combos, Sackfuls, Steamer Packs and more.
Sweepstakes participants must be at least 13 years old and residents of AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, and VA. The winners of the grand prize and signed Coca-Cola Racing prizes will be notified by August 21. NASCAR, LLC., is not a sponsor of this promotion. NASCAR® is a registered trademark of the National Association for Stock Car Auto Racing, LLC. All trademarks are used with permission by their respective owners. All rights reserved. For official rules, visit https://us.coca-cola.com/legal/krystal.
Krystal restaurants offer dine-in, drive-thru, or online ordering via the official Krystal website or app. For more information, visit www.Krystal.com or follow them on Facebook and Instagram.
About Krystal Restaurants LLC
Headquartered in Atlanta, GA, Krystal Restaurants LLC is the original quick-service restaurant chain in the South. Krystal hamburgers have been served fresh and hot off the grill on the iconic square bun since 1932.
Krystal has grown to be in 10 states with nearly 300 restaurants and continues to deliver a one-of-a-kind taste experience through their unique menu items that are offered at a great price. The company's Atlanta-based Restaurant Support Center serves a team of more than 3,500 employees.
Contact:
Brianne Barbakoff
954-294-4454
brianne@inklinkmarketing.com
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SOURCE Krystal Restaurants, LLC | https://www.wibw.com/prnewswire/2022/07/26/krystal-revs-up-with-coca-cola-motorsports-sweepstakes/ | 2022-07-27T17:03:55Z |
Alzheimer’s advocates move one step closer to research diversity
A Hawaii native is sharing her mother’s story of living with Alzheimer’s to lawmakers on Capitol Hill to push for the ENACT Act.
WASHINGTON (Gray DC) - “Alzheimer’s disease affects everybody, not just white people.” Alzheimer’s advocate, Amy Truong, said. She knows that firsthand. Her mother, an Asian American, was diagnosed with early onset Alzheimer’s 14 years ago.
Truong started volunteering with the Alzheimer’s Association, and noticed she was one of just a few non-white advocates. She explained that diversity is also lacking in Alzheimer’s studies.
“For Native Hawaiians, for Asian Americans, and for Native Americans, there’s actually not enough data at all to even come to a conclusion,” Truong said.
Truong is taking her concerns to Washington: she’s meeting with lawmakers from her state of Hawaii about the ENACT Act. If passed, the bill would require increased participation of underrepresented populations in research and clinical trials for Alzheimer’s and related dementias.
Sen. Ben Ray Lujan (D-N.M) co-sponsored the legislation, which has broad bipartisan support.
“Alzheimer’s doesn’t care how you’ve registered to vote,” Lujan said. “This is an issue affecting all of America.”
Dr. Christina Prather from George Washington University’s Institute for Brain Health and Dementia believes expanding these studies can help medical professionals improve diagnoses for minority patients.
“When we are better able to engage with people who are traditionally underrepresented, it means earlier connection to care and services,” said Dr. Prather.
Sen. Lujan said he does not know yet when the bill might see a vote, but hopes to attach it to the next package of health legislation moving through Congress.
Multimedia journalist Natalie Grim contributed to this report.
Copyright 2022 Gray DC. All rights reserved. | https://www.kxii.com/2022/06/16/alzheimers-advocates-move-one-step-closer-research-diversity/ | 2022-06-16T13:56:59Z |
KANSAS CITY, Mo., July 29, 2022 /PRNewswire/ -- Kansas City Life Insurance Company recorded net income of $4.5 million or $0.46 per share in the second quarter of 2022, an increase of $0.2 million or $0.02 per share relative to the second quarter of 2021. In the first six months of 2022 we recorded a net loss of $3.2 million or $0.33 per share, compared to net income of $3.6 million or $0.37 per share in the first six months of 2021.
Total investment revenues declined in both the second quarter and first six months of 2022 compared to the same periods in the prior year. Partially offsetting this, policyholder benefits, interest credited to policyholder account balances, and operating expenses declined in both periods compared to the prior year.
Kansas City Life Insurance Company (OTCQX: KCLI) was established in 1895 and is based in Kansas City, Missouri. The Company's primary business is providing financial protection through the sale of life insurance and annuities. The Company operates in 49 states and the District of Columbia.
Please refer to our Quarterly Report for the period ended June 30, 2022, for additional information, which is available at www.kclife.com.
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SOURCE Kansas City Life Insurance Company | https://www.mysuncoast.com/prnewswire/2022/07/29/kansas-city-life-announces-second-quarter-2022-results/ | 2022-07-29T15:57:15Z |
Baileys Partners with World Renowned Floral Sculpture Artist Mr. Flower Fantastic and Actress and Producer La La Anthony to Bring Summer Vibes Through Art, Culture and Baileys Colada Cocktails
NEW YORK, May 18, 2022 /PRNewswire/ -- Blending a delicious frozen cocktail is a quintessential summer ritual, but Baileys Colada Irish Cream Liqueur is blending more than just drinks this season to showcase that when you mix flavors, customs and of course cocktails, the result is a more vibrant outlook (and taste) on life. Kicking off the much-anticipated summer months, the limited time offering Baileys Colada returns in partnership with floral sculpture artist Mr. Flower Fantastic and actress and producer La La Anthony to bring delightfully unexpected ways to indulge with Baileys Colada all summer long, whenever or wherever you may be!
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/9051051-baileys-colada-mr-flower-fantastic-la-la-anthony/
Taking inspiration from her Puerto Rican heritage, and where some say the Piña Colada first originated, La La Anthony is upping her Colada game this summer by sharing three new signature Baileys Colada recipes infusing different tropical flavors, spices and fruits reminiscent of her blended, vibrant background. But it doesn't stop there – La La has tapped her friend and floral artist Mr. Flower Fantastic to design three edible floral garnishes that complement the unique and delicious cocktail ingredients and showcase the power that flowers have to elevate the senses and enhance the Colada cocktail experience.
"Baileys Colada was my go-to summer indulgence last year thanks to the delicious pineapple and coconut flavors that made it easier than ever to catch all the vacation vibes," says La La Anthony. "This year, I'm tapping into my Puerto Rican roots to create some new go-to Baileys Colada cocktails with help from my friend Mr. Flower Fantastic, that will definitely brighten up any summer day!"
Mr. Flower Fantastic adds, "Floristry is a powerful art form that can help to brighten a space through multiple senses including sight, smell and taste. Summer is the brightest season of the year and I'm thrilled to be partnering with Baileys to elevate the sensory experience of a Baileys Colada cocktail in unique and unexpected ways with my art."
To celebrate the return of Baileys Colada and ring in the 'unofficial start of summer' heading into Memorial Day weekend, Mr. Flower Fantastic is popping up with a floral installation in Union Square, Manhattan from May 24th – 25th featuring a life size Piña Colada that takes inspiration from the Baileys Colada's signature blend of Irish Cream and the flavors of creamy coconut and sweet pineapple. If you're looking to try Baileys Colada for yourself, you can sip on La La Anthony's signature cocktails paired with Mr. Flower Fantastic's edible floral garnishes at cultural events across the country this summer in cities such as Los Angeles, Chicago, Houston and Miami.
"We are so excited to bring back Baileys Colada this season and help give consumers (21+) another reason to treat themselves all summer long," says Stacey Cunningham, Director of Baileys & Liqueurs, Diageo North America. "It's the perfect welcome to the brighter months ahead and we're thrilled to be partnering with La La Anthony and Mr. Flower Fantastic to help create these new and unique Baileys Colada cocktails that fuse both art and culture as we kick off the season."
Baileys Colada is available nationwide for a limited time wherever spirits-based beverages are sold for a suggested retail price of $24.99 for a 750ml bottle. Enjoy Baileys Colada over ice or blended with ice a perfect warm weather indulgence. For more information, please visit www.BAILEYS.com.
Baileys encourages consumers of legal drinking age to treat themselves responsibly.
About BAILEYS Irish Cream Liqueur:
BAILEYS launched in Ireland in 1974. It is now available in 180 markets worldwide and is the number one selling liqueur in the world. Owned by Diageo plc, BAILEYS is currently ranked 7th among all distilled spirits sold worldwide. It's the signature delicious balance of Irish Cream, whiskey and fine spirits that makes BAILEYS Original Irish Cream the perfect little indulgence when you need a break from your daily routine. The BAILEYS portfolio includes Original Irish Cream, Salted Caramel, Vanilla Cinnamon, Espresso Crème, Strawberries & Cream and Almande. For more information on BAILEYS Original Irish Cream, please visit us at www.BAILEYS.com.
About Diageo
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness.
Diageo is listed on both the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange (LSE: DGE) and their products are sold in more than 180 countries around the world. For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice.
Follow on Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.
About Mr. Flower Fantastic
Mr. Flower Fantastic, MFF, is a New York-based multi-disciplinary artist with a focus in floristry and design. He is globally recognized for his one-of-a-kind floral sculptures presently on display in more than 10 countries around the world. For more information on his studio practice, follow @mrflowerfantastic, or visit www.mffstudio.com.
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SOURCE Baileys | https://www.mysuncoast.com/prnewswire/2022/05/18/blend-brighter-summer-with-return-baileys-colada/ | 2022-05-18T16:28:20Z |
VMware Explore 2022 Platinum Sponsor, ControlUp Hosts Multiple Sessions on Creating Frictionless Digital Employee Experience and How to Smackdown Bad User Experiences
SAN FRANCISCO, Aug. 29, 2022 /PRNewswire/ -- ControlUp, the industry leader in Digital Employee Experience (DEX) management, today announced that ControlUp Co-founder and Chief Product Officer Yoni Avital will host a bad user experience smackdown at VMware Explore 2022. ControlUp, a VMware Partner, is also breaking its Edge DX adoption records, a solution that allows IT teams to not only monitor productivity tools like Microsoft Teams (MS Teams) and Zoom but allows for advanced data analytics to proactively address issues. See a demo of Edge DX and more at ControlUp's booth in South Hall 1302.
"With the new ability for IT teams to monitor Zoom and MS Teams, Edge DX is the fastest growing product in our portfolio to date. This is a testament to how important having real-time data analytics accessible to IT teams," said Asaf Ganot, Co-founder and CEO, ControlUp. "The solution also allows for rapid deployment, which is crucial when it comes to the sales cycle. For example, one financial services client deployed 192,000+ seats in a matter of weeks."
Recently recognized as a strong performer in end-user experience management by Forrester Research in The Forrester Wave™, ControlUp continues to bring data together in unique ways to optimize the digital employee experience while proactively addressing network latency issues, availability of SaaS apps and virtual desktops, and slow logons. With the ability to deploy Edge DX at scale in minutes, IT teams can virtually sit side-by-side with work from anywhere (WFA) employees to fix issues quickly on endpoint devices so team members can get back to work fast.
Similar to our recent integration to monitor functionality with MS Teams, our new integration with Zoom provides IT teams usage insights across employee calls and meetings. Data analysis monitors the quality of calls for technical issues that may impact the digital experience of participants. Edge DX makes remediation actions available for addressing and preventing issues that impact productivity. By proactively identifying potential bottlenecks and failure points, IT teams can now provide resolutions before Help Desk tickets are filed.
VMware Explore attendees have the opportunity to hear and see how ControlUp helps remove IT dark zones with real-time visibility that improves employees' productivity in two sessions:
- Tuesday, Aug. 30, 3:15-3:45 p.m., Joel Stocker, Director of Product Marketing, ControlUp, and Tom Fenton, Tech. Mrkt. Engr., ControlUp, will present "Improve Remote Work Experience with Last-Mile Monitoring From ControlUp" in The Expo Theater.
- Wednesday, Aug. 31, 10:30-11:30 a.m., Yoni Avital, Co-founder & CPO, ControlUp, and Trentent Tye, Tech Marketing, ControlUp, will hammer things out in a "Bad User Experience Smackdown: Easy Horizon Troubleshooting with ControlUp" in a Breakout Session.
"ControlUp is proud to be an established VMware Partner with deep integrations that help VMware users capture real-time data insights for on-the-fly troubleshooting," said Avital. "It is no secret that work-from-anywhere is here to stay, which solidifies the ongoing need for our DEX management platform to help IT teams monitor performance, availability, and productivity for networks, apps, and unified communications tools like Zoom and MS Teams."
Microsoft, MS Teams are trademarks of the Microsoft group of companies.
VMware, Horizon, and VMware Explore are registered trademarks or trademarks of VMware, Inc. or its subsidiaries in the United States and other jurisdictions.
ControlUp powers the work-from-anywhere world by delivering a Digital Employee Experience (DEX) Management Platform built for IT teams to make remote work more flexible and reliable. Whether your desktops are physical or virtual, your applications are local or SaaS, IT can optimize remote work environments from the datacenter or from the cloud with rich, real-time visibility across the entire digital employee experience. Headquartered in Silicon Valley with R&D in Israel, ControlUp supports over 2,000 customers and counting. Learn more at www.controlup.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Media Contact(s):
Joy Capps, Intersect Communications
joy@intersectcom.com
843-730-3857
Michelle Van Jura, Intersect Communications
michelle@intersectcom.com
310-420-4062
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SOURCE ControlUp | https://www.wibw.com/prnewswire/2022/08/29/controlup-accelerates-adoption-dex-management-platform-with-ability-monitor-zoom-ms-teams-other-unified-communications-tools/ | 2022-08-29T16:49:00Z |
LAKE OSWEGO, Ore., Aug. 31, 2022 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) will be presenting virtually on Wednesday, September 7, 2022, at the 15th Annual Cowen Global Transportation & Sustainable Mobility Conference.
The presentation will be webcast live, beginning at 4:20 pm ET, on Wednesday, September 7, 2022. Listeners can access the webcast directly at https://wsw.com/webcast/cowen123/gbx/1841490. To register for or listen to the webcast, follow the link and enter your name, company and email address.
Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars and marine barges in North America, Europe and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America through our rail services business unit. Greenbrier manages 421,000 railcars and offers railcar management, regulatory compliance services and leasing services to railroads and other railcars owners in North America. GBX Leasing (GBXL) is a special purpose subsidiary that owns and manages a portfolio of leased railcars that originate primarily from Greenbrier's manufacturing operations. GBXL and Greenbrier own a lease fleet of 11,800 railcars. Learn more about Greenbrier at www.gbrx.com.
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SOURCE The Greenbrier Companies, Inc. | https://www.wibw.com/prnewswire/2022/08/31/greenbrier-present-15th-annual-cowen-global-transportation-amp-sustainable-mobility-conference/ | 2022-08-31T22:29:16Z |
(The Hill) — Former President Donald Trump late on Thursday took to his Truth Social platform to condemn the prime-time Jan. 6 committee public hearing.
“So the Unselect Committee of political HACKS refuses to play any of the many positive witnesses and statements, refuses to talk of the Election Fraud and Irregularities that took place on a massive scale,” Trump wrote in a post. “Our Country is in such trouble!”
Trump had also publicly denounced the hearing earlier in the day, before the event began, through a statement from his Save America PAC, describing the 2021 Capitol riot as the “greatest movement” in the history of the U.S.
The former president has continued to push unfounded theories that the 2020 presidential election was riddled with fraud, claims that led to a mob of Trump followers storming the Capitol on Jan. 6 to try to stop the election from being certified.
The House committee on Thursday launched a searing public case against Trump in the prime-time hearing using testimony and video snippets from the day of the attack.
Rep. Liz Cheney (R-Wyo.), the vice chairwoman of the committee who was booted from GOP leadership for challenging Trump, laid the blame for the events of Jan. 6 directly at the former president’s feet.
“Those who invaded our Capitol and battled law enforcement for hours were motivated by what President Trump had told them: that the election was stolen, and that he was the rightful president,” Cheney said. “President Trump summoned the mob, assembled the mob and lit the flame of this attack.”
The committee also played clips from people close to Trump, including former Attorney General Bill Bar, saying that the former president’s claims of a stolen election were unfounded.
“I told him that it was crazy stuff and they were wasting their time on that and that it was doing great, great disservice to the country, Barr said in a clip.
Also on Thursday night, Trump campaign spokesman Jason Miller pushed back on the hearing, saying that one of the clips the House select committee played of Miller testifying before the committee was incomplete. | https://cw33.com/news/nexstar-media-wire/trump-takes-to-truth-social-to-fire-back-at-jan-6-committee/ | 2022-06-10T15:17:09Z |
NEW ORLEANS, Aug. 5, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 6, 2022 to file lead plaintiff applications in a securities class action lawsuit against Outset Medical, Inc. ("Outset" or the "Company") (NasdaqGS: OM), if they purchased the Company's shares between September 15, 2020 and June 13, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of California.
If you purchased shares of Outset as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-om/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 6, 2022.
Outset and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 5, 2022, the Company disclosed negative results for 1Q2022, which, among other things, analysts attributed to the untested nature of Tablo, its flagship product which is a dialysis machine that purifies tap water and then artificially purifies and removes toxins from the blood of patients suffering from kidney failure. On this news, shares of Outset fell more than 40% over the three trading days that followed, from a closing price of $39.94 per share on May 4, 2022, to a closing price of $23.06 per share on May 9, 2022.
Then, on June 13, 2022, the Company disclosed a hold on all shipments of Tablo for home use by the FDA until proper regulatory clearance was received. The Company subsequently disclosed that the "ship hold" had been in place for weeks before investors were informed and that as a result of the hold, the Company was "suspending our prior full-year and long-term guidance.". On this news, shares of Outset fell another 33%, from a closing price of $20.41 per share on June 13, 2022, to a closing price of $13.46 per share on June 14, 2022.
The case is Plymouth County Retirement Association v. Outset Medical, Inc., 22-cv-04016.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.kxii.com/prnewswire/2022/08/06/outset-medical-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-outset-medical-inc-om/ | 2022-08-06T04:12:43Z |
WILMINGTON, N.C., July 12, 2022 /PRNewswire/ -- Vantaca, a software company revolutionizing the community management industry, has announced numerous new leadership appointments. Ben Currin, Chief Executive Officer, stated, "At Vantaca we love to look at the big challenges and opportunities, and ask 'who?' not 'how?' With Lisa, Will, and David joining the team, we are confident we have found the "whos" to lead Vantaca to new heights."
Lisa Leath joins Vantaca as Chief People Officer and is responsible for overseeing the people and culture strategy for the growing SaaS company, reporting to Ben Currin, Chief Executive Officer. A seasoned human resources (HR) leader, Leath has guided companies through successful HR strategies to land the best talent and retain them long-term, driving critical culture and leadership initiatives. She brings nearly two decades of experience in roles ranging from founder and entrepreneur to senior leader and culture change agent at companies like Corning, Alcami, and hundreds of consulting clients across industries. Leath's global human resources experience will help scale and transform the company. She is a graduate of Penn State University from the School of Labor and Employment Relations.
Currin shared, "I am thrilled that Lisa is leading People Operations at Vantaca. Lisa's diverse experience positions her to add tremendous value as Vantaca's high performing team continues to grow. From the first time I met Lisa two years ago, I knew she would be the perfect person to lead our People Ops function. Her ability to strategically approach human resources initiatives is second to none."
David Wheeler has been hired as Vice President, Engineering, reporting to Adam McCombs, Chief Product Officer. He is a people-centric technology leader with a history of building high-performing teams, accelerating product delivery and creating a culture of innovation. David has been designing, deploying, and delivering highly-scalable enterprise software for over a decade.
"David Wheeler has made an immediate and significant impact on the engineering team's processes and capabilities," said Currin. "He possesses a unique blend of technical excellence and people-first leadership."
Wheeler will spearhead the company's technology initiatives, architecture strategy, and development process. He has a Bachelor of Science in Computer Science from UNCW.
"One of the things that excitements me is how our technical founders designed Vantaca's architecture to take full advantage of the cloud," Wheeler said. "We can quickly scale to meet the growing needs of our clients. We plan to build on that foundation by providing our customers insight and analytics on their data."
Will Davy joins Vantaca as Director, Corporate Strategy, reporting to Ben Currin, CEO. Davy's experience spans both private equity and investment banking in New York City and Charlotte. Davy will be responsible for corporate strategy formulation and business planning.
"Will's experience in investment banking and private equity helps advance our internal capabilities as Vantaca continues to grow in size and scale. His perspective is a welcome and valuable addition to our team," shared Currin.
Davy attended the University of Pennsylvania where he graduated from the Wharton School of Business and was a member of the men's lacrosse team.
"I am absolutely thrilled to be joining the Vantaca team," Davy said. "The company's commitment to culture was evident throughout the recruitment process but now that I am in the office, that commitment is even more apparent. Furthermore, the success that Vantaca has achieved over the last few years is impressive and I feel fortunate to be a part of the next chapter as we continue to improve the way the community management industry operates."
Additionally, Vantaca is proud to announce the following internal promotions, all of which position the company for continued growth:
- Graham Elmore to Director of People and Culture
- Meredith Hughes to Director of Customer Experience
- BD Snow to Director of Sales Engineering
- Zach Clark to Group Product Manager
- Calvin Keller to Senior Marketing Manager
- Aimee Minutella to Support Manager, Tier I
- Aidian Morrow to Manager of Customer Success
- Will Peltzer to Applications Support Manager
- Chris Scarberry to Application Support Manager
- Stuart Wilson to Implementation Manager
Vantaca is the leading community management system, made for Association Management Companies and used by community managers, accountants, boards, and homeowners. The mobile-friendly, industry-leading software reduces costs, streamlines management workflows, increases back-office productivity, and provides full banking integration. With a nationwide presence, Vantaca was founded in and remains headquartered in Wilmington, NC.
For more information, press only:
Calvin Keller, Senior Marketing Manager
Calvin.keller@vantaca.com
704-307-6228
For more information about the Vantaca team, visit:
www.vantaca.com
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SOURCE Vantaca LLC | https://www.kxii.com/prnewswire/2022/07/12/leadership-team-expansion-positions-vantaca-continued-growth/ | 2022-07-12T17:16:49Z |
You can have your name sent to the moon. Here’s how
(Gray News) – Have you ever wanted to fly to the moon? Well, now you can at least have your name sent around it!
NASA’s launch of Artemis I will include a flash drive with the names of millions of people on Earth loaded onto it.
The space agency says Artemis I will be the first uncrewed flight test of the Space Launch System rocket and the Orion spacecraft and will pave the way toward landing the first woman and first person of color on the moon.
You can visit NASA’s website and enter your name and a PIN to receive a boarding pass.
The boarding pass is complete with information about the launch, including the location, launch vehicle name and spacecraft name.
This pass can be downloaded and printed out for display.
The historic launch of Artemis I is set to take place at the Kennedy Space Center in Florida sometime later this year or in 2023.
NASA says the launch will be the first in a series of “increasingly complex” missions to build a long-term human presence at the moon.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/13/you-can-have-your-name-sent-moon-heres-how/ | 2022-06-13T20:56:06Z |
ALLSTON, Mass., Aug. 9, 2022 /PRNewswire/ -- On September 30, 2022, New England Realty Associates Limited Partnership (NYSE MKT: NEN) will make its quarterly distribution to its Class A Limited Partners and holders of Depositary Receipts of record as of September 15, 2022. The quarterly distribution per Class A Limited Partnership Unit will be $9.60 per Unit. The quarterly distribution per Depositary Receipt will be $0.32. Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit. Depositary Receipts are listed on The NYSE MKT under the trading symbol "NEN".
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SOURCE New England Realty Associates Limited Partnership | https://www.wibw.com/prnewswire/2022/08/09/new-england-realty-associates-lp-announces-third-quarter-distribution-class-units-depositary-receipts/ | 2022-08-09T19:03:43Z |
CANTON, Mich., June 15, 2022 /PRNewswire/ -- There are several Rally House stores around Detroit, MI, and the company is excited to introduce a new location in nearby Canton. Rally House Crossroads Village brings the locally motivated, family-owned sports and merchandise retailer directly west of the downtown area. At this new store conveniently located off Michigan Ave, customers will find all sorts of localized apparel alongside various pro and college teams.
Rally House is honored to be a go-to source of team gear and Michigan-themed products, which is why the company embraces continual growth in the area. "Michigan is home to various talented teams and awesome hometown businesses, giving fans a lot to root for," describes District Manager Monika Ross. "Thankfully, Rally House Crossroads Village has stand-out sports apparel and locally inspired merch so that everyone can cheer in style!"
At the new Rally House Crossroads Village location, patrons can shop confidently since the store carries brands recognized for their high quality and comfort, including New Era, Nike, and Mitchell & Ness. Customers will also appreciate the diversity of teams in stock at this new Rally House store near Detroit, such as the Detroit Lions, Detroit Tigers, Michigan State Spartans, and Michigan Wolverines.
Showcasing hometown pride is a breeze when shopping at Rally House Crossroads Village. Visitors will have a broad assortment of local apparel, accessories, gifts, and more to check out while at this location. Some of the popular businesses and themes locals can represent include Stroh's Beer, Jolly Pumpkin Brewery, and General Motors.
Rally House focuses on delivering a simple and enjoyable shopping experience. While patrons can expect nothing less than superb customer service at Rally House Crossroads Village, there's also a broad array of products available for shipping nationwide at www.rallyhouse.com.
Keep up with store news by visiting www.rallyhouse.com/rally-house-crossroads-village or follow Rally House Crossroads Village on Facebook (@RallyCrossroads) and Rally House Michigan on Instagram (@rallymichigan).
Rally House and Sampler Stores Inc. is a family-owned specialty boutique that offers a large selection of apparel, hats, gifts and home décor representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams in addition to locally inspired apparel, gifts and food. Proudly based in Lenexa, Kansas, Rally House operates 100+ locations across 13 states.
CONTACT:
Monika Ross, District Manager
mross@rallyhouse.com
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SOURCE Rally House | https://www.wibw.com/prnewswire/2022/06/15/rally-house-proudly-announces-new-store-michigan/ | 2022-06-15T22:55:46Z |
Bonnell Industries undergoes a lean transformation to streamline processes and eliminate waste, resulting in improved quality, productivity, and cost savings.
DIXON, Ill., Aug. 16, 2022 /PRNewswire/ -- Bonnell Industries has been a family owned, industry leader in the truck equipment industry in Northern Illinois for decades but struggled to embrace the concept of Lean Manufacturing. The team mostly operated under "we do it this way because it's what we know". It wasn't until William Hintzsche joined the team in November 2021 as the new COO, that things began to change. Noticing excess inventory and multiple non-value steps in processes, he realized it was time to attack the waste. Hintzsche knew it was in the company's best interest to reinforce lean principles and integrate it as part of the culture.
He has worked with IMEC on many lean projects with former employers, and knows the breadth of lean expertise at IMEC, the conversation began about Bonnell undergoing a lean transformation. Hintzsche wanted the Bonnell team to understand how lean principles can improve processes, drive efficiency, and eliminate waste, which will help them deliver quality products and services and save money.
The process began with a full day learn and do workshop that combines classroom style instruction with a hands-on Simulation of production facility. In preparation for the simulations, both Bonnell and IMEC collaborated to incorporate safety protocols to ensure the health and safety for those in attendance. IMEC technical experts introduced the basic concepts of Lean Manufacturing to the team, demonstrating tools and techniques and how to effectively implement them in their operations and processes. The simulation portion involved participants applying the principles learned to their individual workspace and across the product line at the mock manufacturing plant created for this training. This technique utilized three shifts which illustrated the cause-and-effect relationships for the key lean principles discussed, while offering opportunities to make real-world decisions when making changes with workforce, budgets, etc.
As with most change, resistance is natural. The team at Bonnell initially gave push back on the idea of a trainings to undergo a lean transformation. As they learned the basic concepts and participated in the simulation, they were able to see first-hand the benefits of embracing lean and how they could transfer what they were learning to their roles at Bonnell, streamlining their processes, and improving productivity and efficiency.
- Anticipated New and Retained Sales: $3,000, 000
- Anticipated Cost Savings: $2,200,000
- Anticipated New Investment: $60,000
- Jobs Created or Retained: 8
IMEC is a team of improvement specialists and technicians dedicated to providing organizations in Illinois with the tools and techniques to create sustainable competitive futures. The experienced hands-on team at IMEC works closely with its clients to plan critical business improvements in the areas of Leadership, Strategy, Customer Engagement, Operations, and Workforce. IMEC, Illinois affiliate of the U.S Commerce NIST Manufacturing Extension Partnership (MEP) National Network, has demonstrated a return on investment that exceeds 19:1. This is made possible as organizations become more effective and efficient - and together with IMEC - excel toward enterprise excellence. For more information, visit www.imec.org.
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SOURCE IMEC | https://www.mysuncoast.com/prnewswire/2022/08/16/trucking-equipment-parts-manufacturer-partners-with-imec-adopt-implement-lean-manufacturing-principles-into-their-processes/ | 2022-08-16T18:04:06Z |
(NewsNation) — A school district in north Texas is pulling more than 40 books from its library shelves, including the Bible and an adaptation of Anne Frank’s diary.
The books were ordered removed Tuesday by Keller ISD officials after they were challenged last year, the Texas Tribune reported. Other titles on the list include Toni Morrison’s “The Bluest Eye,” and “Gender Queer: A Memoir,” by Maia Kobabe, which includes descriptions of gender identity and sexual orientation.
Some of the books on the list were initially flagged but later approved by a committee to remain in libraries. But a spokesman for the district said the school board, which recently gained new conservative members, approved a new policy that requires every book that was previously challenged to be reconsidered, the Dallas Morning News reported.
In a statement, the district said all books on the list were ordered pulled to allow for another review by the committee to determine if they meet the new policy that was approved Aug. 8.
“Books that meet the new guidelines will be returned to the libraries as soon as it is confirmed they comply with the new policy,” the statement read.
The district maintains a webpage with all of the books that have been challenged, and it shows many center around LGBTQ characters. The committee decided “The Bluest Eye” and the Bible would remain in their current locations, while “Gender Queer” was to be pulled from circulation. “Anne Frank’s Diary (The Graphic Adaption)” remained, as well.
The battle over books at Keller is part of a larger national fight being waged by Republican leaders over titles about race, gender and sexuality. Many argue books containing pornographic material are being allowed in schools, and the Texas Education Agency launched an investigation into Keller last year after receiving a complaint about “sexually explicit content” in books.
Controversy arose in Tennessee earlier this year when a school board voted to ban “Maus,” a graphic novel about the holocaust. The book, written by Art Spiegelman, tells the story of his Jewish parents living in 1940s Poland and won a Pulitzer Prize.
Other actions school boards have taken include a committee to review librarians’ proposed purchases in Pennsylvania and a system alerting parents in Virginia on what books their children check out. | https://cw33.com/news/nexstar-media-wire/bible-anne-frank-book-pulled-from-texas-school-library/ | 2022-08-18T12:51:55Z |
ABUJA, Nigeria (AP) — Nine people have died of monkeypox in Congo in 2022 while Nigeria has recorded its first death from the disease this year, the countries’ health authorities said, even as at least 20 countries continue to grapple with sudden outbreaks not seen in years.
Dr. Aime Alongo, chief of the Sankuru health division in Congo, said Monday that 465 cases of the disease have been confirmed in the nation, making it one of the worst-hit in West and Central Africa, where the disease is endemic.
The persistence of the disease in Congo is due to the consumption of dead monkeys and rodents, Dr. Alongo said.
“The residents enter the forest, pick up the corpses of monkeys, bats and rodents which are the reservoirs of monkeypox,” the official added, urging those with monkeypox symptoms to visit a health center to isolate themselves.
Nigeria, meanwhile, recorded its first death from monkeypox this year in a patient with underlying medical conditions, the diseases control agency said Sunday.
The Nigeria Centre for Disease Control and Prevention announced that in 2022 it has confirmed 21 out of 66 suspected cases of the disease, which is usually endemic in Nigeria and other parts of West and Central Africa.
“The death was reported in a 40-year-old patient who had underlying co-morbidity and was on immunosuppressive medications,” the Nigeria CDC said.
Nigeria has not had an outbreak of monkeypox since September 2017 but it continues to report sporadic cases. At least 247 have been confirmed in 22 of its 36 states since then with 3.6% fatality rate, the disease control agency said.
A spike in monkeypox cases reported in Europe and the U.S. has generated concerns among those countries, many of whom have not recorded a single case of the disease in years. Over 250 cases of the disease have been reported in more than 20 countries not usually known to have outbreaks, the World Health Organization said.
Monkeypox has not previously triggered widespread outbreaks beyond Africa, where it is endemic.
One of the new cases in the U.K. was recorded in a man days after his arrival from Nigeria on May 4. Nigeria has recorded six confirmed cases of the disease the British citizen left the country.
Dr. Ifedayo Adetifa, head of the country’s Center for Disease Control, told The Associated Press nothing shows that the British citizen contracted the disease in Nigeria and the country remains prepared to respond to an outbreak of monkeypox.
“The biggest challenge that you have with a disease such as monkeypox is that it is uncommon and the perceived risk by the population about how dangerous this condition is has been very low … that is why … we have conducted awareness training and advocacy training to increase the level of awareness of health care workers,” Adetifa said.
—
Kamale reported from Kinshasa, Congo. | https://cw33.com/health/ap-health/first-monkeypox-death-in-nigeria-in-2022-21-cases-confirmed/ | 2022-05-31T07:58:27Z |
Laurie Sicaeros Leads California Health System Growth Initiatives
LOS ANGELES and ORANGE COUNTIES, Calif., Aug. 10, 2022 /PRNewswire/ -- Prominent health care executive Laurie Sicaeros has been named Chief Strategy Officer and Leadership Academy Dean for MemorialCare, a nationally recognized Southern California health system.
Since 2018, Sicaeros has served as Chief Operating Officer for MemorialCare Medical Foundation, one of the country's fastest growing physician organizations and acknowledged national innovator in value-based care, serving hundreds of thousands of patients. With more than 2,000 employed and affiliated physicians that are part of MemorialCare Medical Group and Greater Newport Physicians, the Medical Foundation—which she was instrumental in establishing in 2010—also includes 225 outpatient surgery, imaging, urgent care, breast health, kidney dialysis, physical therapy and other health centers throughout Southern California. Sicaeros also served as MemorialCare Senior Vice President of Physician Integration.
"Laurie's significant contributions, deep commitment to MemorialCare and excellence in operational and business strategy and cultivating innovative partnerships, uniquely qualifies her as Chief Strategy Officer," says MemorialCare President & CEO Barry Arbuckle, Ph.D. "Over the last 25 years, Laurie has achieved exceptional success with a 'can-do' style and extraordinary leadership in pivotal initiatives that transformed MemorialCare from a hospital system to an integrated health network."
Sicaeros' past MemorialCare management roles include business development, mergers and acquisitions and physician practice alignment. Her work in clinical informatics and electronic health record integration link physicians and outpatient centers to MemorialCare hospitals in Orange and Los Angeles counties—providing seamless continuity of care for millions of patients served by nearly 3,000 affiliated physicians. She helped expand MemorialCare's footprint into an ambulatory network of primary and specialty care medical groups, Independent Practice Association (IPA) for physicians and outpatient center partnerships.
She played a major role expanding MemorialCare Physician Society, dedicated to clinical and customer service best practices that drive superior clinical outcomes and performance that often rank above national and regional benchmarks.
"I'm honored to be named MemorialCare's Chief Strategy Officer and continue my work with our remarkable physicians, employees and communities," says Sicaeros. "MemorialCare has been a big part of my life and career, and it's exciting to help advance our vision of continuing excellence."
Sicaeros holds a master's degree in health care administration from Chapman University and bachelor's degree from California State University, Long Beach.
MemorialCare, nonprofit Southern California integrated delivery system and innovator in value-based care, has over 225 care locations; 15,000 employees and affiliated physicians; top hospitals—Long Beach Medical Center, Miller Children's & Women's Hospital Long Beach, Orange Coast Medical Center and Saddleback Medical Center; award-winning MemorialCare Medical Group and Greater Newport Physicians; MemorialCare Select Health Plan; and outpatient surgery, imaging, urgent care, dialysis, breast health and physical therapy centers. MemorialCare's many honors have included Best U.S. Health Systems, Top Places to Work, Top Hospital rankings from readers of eight regional newspapers, 10 Largest U.S. Children's Hospitals, Top 100 Hospitals, A Hospital Safety Score, Top 50 Cardiovascular Hospitals, Magnet nursing excellence status for all MemorialCare hospitals, among much more. Visit www.memorialcare.org.
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SOURCE MemorialCare Health System | https://www.wibw.com/prnewswire/2022/08/10/prominent-executive-named-memorialcare-chief-strategy-officer/ | 2022-08-10T22:26:07Z |
The New York Women's Foundation announces over half a million dollars in its latest round of grantmaking to directly address abortion restrictions currently facing the nation
NEW YORK, June 16, 2022 /PRNewswire/ -- Today, The New York Women's Foundation announced its latest round of grantmaking, inclusive of 10 grants to 10 organizations, totaling $720,000 to both new and existing grantee partners doing critical, community-rooted work. These grants are aligned with The New York Women's Foundation's mission of creating an equitable and just future for women and families, strongly reflecting its vision to advance economic, gender, and racial justice for women and families in New York City and beyond.
In this pivotal moment for women and gender-expansive people, The Foundation has strengthened its investment and support to grantee partners that combat restrictive policies and expand critical access to abortions to ensure sustainability of the reproductive justice movement for the long-term. Leveraging the growth and momentum of these efforts, the grants will authentically expand the reach and presence of community-based solutions generating impact aligned with The Foundation's strategic priorities.
"Our work will always be rooted in the needs of women and gender expansive people of New York City, but we are currently witnessing a hostile attack on our bodily autonomy and national abortion rights," said Ana L. Oliveira, President and CEO of The New York Women's Foundation. "The Foundation is working to ensure that New York can be a safe space where individuals can know their rights are protected."
For The Foundation's May round of grantmaking, investments focused on emerging grassroots organizations led by women and gender-expansive people of color, with 70% of grantee partners awarded in this cycle having budgets of $1M or less. Grants also prioritized economic justice, safety and healing, and civic engagement for women, girls, and gender-expansive people. As The Foundation advocates for a more liberatory future for reproductive justice and abortion access, this latest round of grantmaking expands the current portfolio by awarding $100,000 to two new grantee partners with extensive impact in the space:
- The New York Abortion Access Fund (NYAAF) assists individuals in need by paying for abortions in New York State or for New York residents seeking care elsewhere. NYAAF provides funding directly to clinics on behalf of the people they serve and assists people from out of state who need help covering the costs of their procedures in New York.
- If/When/How: Lawyering for Reproductive Justice works to transform abortion-centered law and policy through advocacy, support, and organizing to allow individuals to actualize sexual and reproductive well-being on their own terms. If/When/How has an additional initiative titled the Repro Legal Defense Fund which covers bail and funds defenses for people targeted by prosecutors for self-abortion and abortion outside the clinical setting.
With over $100 million in grantmaking efforts over the course of The Foundation's 35-year tenure, this latest round of grantmaking has reaffirmed its leadership and dedication to investing in pathways for long-term solutions in communities throughout New York and beyond.
The New York Women's Foundation is a voice for women and gender-expansive people and a force for change. The Foundation's mission is to create an equitable and just future for women and families. It achieves this goal by uniting cross-cultural and community alliances that ignite action. The Foundation invests in women-led, innovative, and bold community-based solutions that promote the economic security, safety, and health of the most underserved women. The Foundation has distributed more than $100 million in its 35-year existence to over 500 organizations, impacting millions of women and girls across New York City and beyond. To learn more about The New York Women's Foundation's work to transform lives, families, and communities, please visit www.nywf.org.
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SOURCE The New York Women's Foundation | https://www.kxii.com/prnewswire/2022/06/16/new-york-womens-foundation-announces-spring-grantmaking-efforts-with-renewed-focus-abortion-access-expansion-reproductive-justice-portfolio/ | 2022-06-16T13:34:36Z |
Expands Automation Capabilities in Medical Device and Life Sciences
NEW YORK, Aug. 23, 2022 /PRNewswire/ -- Arsenal Capital Partners ("Arsenal"), a private equity firm that specializes in investments in industrial growth and healthcare companies, today announced that it has completed an investment in Innovative Products & Equipment, Inc. ("Innovative"), which it will combine with Eckhart, Inc. ("Eckhart") to build a leading automation solutions provider serving highly complex applications in high-growth end markets. The terms of the Innovative acquisition were not disclosed.
Innovative, an automation solutions provider which focuses on the medical device and life sciences markets, represents Arsenal's second investment in the automation sector, following the acquisition of Eckhart in December 2021. Together, Innovative and Eckhart will provide specialized automation solutions, including Factory of the Future (design simulation) services, single & multi-cell automation systems, and fully automated assembly lines, as well as automation technologies, including Autonomous Guided Vehicles ("AGVs"), Autonomous Mobile Robots ("AMRs"), thermal bonders, servo presses, and semi-automated tooling.
"We are excited to work with the Innovative team to enhance our delivery of advanced, end-to-end automation capabilities for our customers," said Andy Storm, CEO of Eckhart. "Rich, Eric, Dale, Kevin, and the rest of the Innovative team have developed a reputation in the medical device and life sciences markets for solving mission-critical issues for their customers, and we believe joining forces will position us well for our next phase of growth."
Rich Brownstein, Principal and Co-President of Innovative, stated, "We are thrilled to partner with Arsenal, Andy, and the Eckhart team. The scale, capabilities, and resources that we can provide as a combined company will allow us to strategically accelerate growth as we support our global customer base with higher productivity, efficiency, and precision. Arsenal's reputation and experience investing in innovation-forward industrial technology and healthcare companies gives us confidence in the future growth prospects of our industry and company."
Sal Gagliardo, an Operating Partner of Arsenal, added, "Innovative is the latest example of our commitment to invest significant capital behind the substantial growth in automation and expand our presence in attractive, specialized end markets, such as medical device and life sciences."
SVB Securities served as exclusive financial advisor and Ruberto, Israel & Weiner P.C. served as legal advisor to Innovative on this transaction.
Harris Williams LLC served as financial advisor and Kirkland & Ellis LLP served as legal advisor to Arsenal and Eckhart.
About Innovative Products & Equipment
Founded in 1980 and headquartered in Hudson, New Hampshire, Innovative provides complex automation and product & process development solutions to blue-chip customers in specialized markets, with a focus on medical device and life sciences. Innovative's technologies and solutions include automated assembly and test systems, machine vision solutions, integrated robotics, and engineering services. For additional information, please visit www.ipeinc.com.
About Eckhart
Eckhart, based in Warren, Michigan, designs, builds, and sustains advanced industrial solutions used to solve complex manufacturing needs. Eckhart's proven portfolio of Industry 4.0 technology includes autonomous guided vehicles (AGVs), collaborative robot systems, traditional robotics, assembly automation & simulation, 3D printing tool development & production, and Factory of the Future consulting for the world's largest manufacturers. For more information, please visit www.eckhartusa.com.
About Arsenal Capital Partners
Arsenal Capital Partners is a leading private equity firm that specializes in investments in industrial growth and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds totaling over $10 billion, completed more than 250 platform and add-on acquisitions, and achieved more than 30 realizations. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add. For additional information, please visit www.arsenalcapital.com.
Contact for Arsenal:
Jackie Schofield at Prosek Partners
Pro-Arsenal@prosek.com
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SOURCE Arsenal Capital Partners | https://www.mysuncoast.com/prnewswire/2022/08/23/arsenal-capital-partners-acquires-innovative-products-amp-equipment-its-second-investment-build-leading-automation-solutions-business/ | 2022-08-23T11:35:16Z |
Which hardware wallet for altcoins is best?
While the debate over the virtues and life expectancy of the various mainstream forms of cryptocurrencies like Bitcoin and Etherium continue to be endlessly debated, one thing we can all agree on is losing access to a fortune due to improper security measures is a tragic but easily avoidable fate. Rather than simply entrusting your main and altcoins to a solely digital wallet solution or directly on your own PC, investing in a hardware wallet can give you valuable peace of mind by providing physical storage for your coins while providing some truly impressive levels of security. With a slim and powerful unit like the Ledger Nano S Cryptocurrency Hardware Wallet v1.4 keeping your cryptocurrencies safe, you can “HODL” to your heart’s content while ensuring that your precious coins remain exactly where you intend them to be.
What to know before you buy a hardware wallet for altcoins
Riskiness
First and foremost, it is important to note that this article should in no way be interpreted as legal or financial advice regarding the acquisition and storage of crypto assets, alternative or otherwise. Despite what some factions of true believers on the internet would have you believe, there is absolutely no such thing as a “guaranteed investment” and this is especially true of any speculative asset, no matter how anyone else refers to it.
Given that the value of single cryptocurrencies like Bitcoin and Etherium can vary as much as almost $65,000 USD for a single coin to just over $30,000 and finishing at $38,000 in the course of a single day, to say that the market is prone to volatility is something of an understatement. As stated previously, BestReviews.com cannot be held responsible for any changes to the prices of cryptocurrencies, outside market forces, government regulations, or other unforeseen events.
“HODL”ers
Though you might be forgiven for thinking that “HODL” was some strange misinterpretation of a much-beloved character from “Game of Thrones”, it is actually an acronym that many people in the crypto community hold as a lodestar and guiding principle. For those who are unfamiliar, “HODL” stands for Hold On (for) Dear Life, though it originated from a 2018 post on the online forum Bitcointalk by an enthusiastic and inebriated crypto trader determined to ride out any market fluctuations by “hodling on”.
Since that fateful post, “HODL”ing has spread far and wide across the internet with countless memes and high-profile advocates including entrepreneur Elon Musk. If you are genuinely invested in cryptocurrency as an enduring form of payment options, having the ability to safely store access to your coins and altcoins in a physical location with no internet access or intermediaries can save you incalculable amounts of stress and hassle.
What to look for in a quality hardware wallet for altcoins
Robust security
While it might seem like an overly simplistic solution to a complex problem, the best way to prevent valuable data from being hacked is not to put it on equipment that can be hacked in the first place. While some crypto traders are only comfortable with old-school paper receipts which are stored securely behind lock and key, a hardware wallet for altcoins provides a physical means of security with no independent means of connecting to the internet in any form.
In addition to preventing electronic access to your crypto assets in the first place, a hardware wallet can also allow you to safely retrieve your data or login credentials by following the manufacturer’s proprietary processes. One such process includes the creation of a twelve-word recovery sentence that will allow you to access your wallet, coins, apps, and more without having to compromise your incredibly important security keys. By giving you truly individualized methods to confirm your identity, you can recover all of your valuable data and assets in the event that your hardware wallet is stolen or becomes misplaced.
Compatibility with apps, coins, and operating systems
Being able to invest in the more well-known cryptocurrencies such as Bitcoin is fairly easy as long as you have the money to invest, but what if you are more interested in taking a gamble on a more affordable but lesser-known altcoin? Purchasing hardware with the idea of investing in altcoins will require you to purchase a wallet that is capable of trading, storing, and retrieving not just the most well-known crypto assets but also those still trying to make a name for themselves.
In addition, your hardware wallet will hardly do you any good if you can’t even successfully make it connect to your PC and operating system of choice. As such, all of the selected models have been specifically chosen for their ability to plug and play with Windows, Mac and Linux PCs via USB-cable as well as being able to accept, store and trade hundreds and even thousands of different cryptocurrencies. Depending on the model of hardware wallet, users can install anywhere from three to twenty different apps to seamlessly control and manage their assets across multiple platforms for both security and convenience.
Bank-level security
Depending on how much of your personal wealth is tied up with “HODL”ing crypto assets, having the ability to instantly recover lost or stolen coins and even hardware wallets can make all the difference in protecting your financial solvency. As such, who on earth wouldn’t choose to buy a hardware wallet from a company that offers a 100% money-back guarantee in the event of some unforeseen catastrophe?
Furthermore, many hardware wallets insulate your coins from viruses and other malware by the simple virtue of not being connected to the internet as well as by providing multiple forms of authentication and account verification. Whether you are interested in “HODL”ing until you hopefully get rich or are engaging in a little speculative crypto day trading, having a hardware wallet for altcoins is truly the only sensible solution to keeping your assets safe and secure.
How much you can expect to spend on a hardware wallet for altcoins
Depending on your desired features as well as any budgetary considerations, a quality hardware wallet for altcoins can cost anywhere from $55-$69, and sometimes more.
Best hardware wallet for altcoins FAQ
Can my hardware wallet for altcoins be hacked by someone?
A. So long as your hardware wallet is safely stored in a location that can’t be physically accessed by others, it should remain impervious to electronic attacks. However, should you leave your hardware wallet in a position to be stolen, having physical access to the device could potentially lead to your data becoming compromised.
Can’t I just use a software wallet instead?
A. While many people chose to go with digital wallets because they are generally considered safer than cryptocurrency exchanges, they are still more vulnerable than hardware wallets. All someone needs to do to access your digital wallet, is compromise your internet security, install a keylogger, or other more conventional cybercrime techniques.
What’s the best hardware wallet for altcoins to buy?
Top hardware wallet for altcoins
Ledger Nano S Cryptocurrency Hardware Wallet v1.4
What you need to know: A robust and reliable hardware wallet for altcoins with everything you need included.
What you’ll love: This unit offers support for over 1,250 altcoins such as XRP, Bitcoin Cash, EOS, and Stellar as well as being able to securely exchange, buy, sell and develop your crypto assets with ease. Users can install up to three crypto management apps depending on their file size along with their proprietary Ledger Live app, giving them the ability to confirm transactions and keep them secure.
What you should consider: Users have reported issues including a buggy user interface as well as problems following firmware updates.
Where to buy: Sold by Amazon
Top hardware wallet for altcoins for the money
KeepKey – The Simple Cryptocurrency Hardware Wallet
What you need to know: A super simple hardware wallet for altcoins that anyone could use with ease.
What you’ll love: This unit offers complete protection from all forms of viruses and malware by having no means of connecting to the internet as well as the ability to set a twelve-word sentence to retrieve data without compromising security codes, works on PC, Mac, Linux, and Android, a clear and easily-readable display and a keylogger-proof PIN system.
What you should consider: Users have reported issues with being unable to use non-KeepKEY crypto exchanges as well as issues with the app’s connectivity.
Where to buy: Sold by Amazon
Worth checking out
Trezor Model One Crypto Hardware Wallet
What you need to know: A dependable hardware wallet for crypto that lets you store, manage and sell assets with ease.
What you’ll love: This unit offers full compatibility with Windows, macOS, and Linux as well as a 120-MHz embedded ARM processor Cortex M3 which uses a custom operating system, the ability to connect your TREZOR to third-party wallets and services, a simple three-step setup process that doesn’t require registration and offers users a 100% money-back guarantee.
What you should consider: Users have reported issues such as being constantly spammed by ads on the wallet as well as significant issues after firmware updates.
Where to buy: Sold by Amazon
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Daniel Martin writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/best-hardware-wallet-for-altcoins/ | 2022-05-27T22:29:22Z |
Waterford Ranch at Oakleaf offers prime location and inspired floor plans
ORANGE PARK, Fla., July 5, 2022 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce that Waterford Ranch at Oakleaf (RichmondAmerican.com/WaterfordRanchAtOakleaf) is now open for sales. This idyllic new community in Orange Park showcases an inspired array of ranch and two-story floor plans from the builder's sought-after Seasons™ Collection (RichmondAmerican.com/SeasonsJax)—designed to put homeownership within reach for a variety of buyers.
About Waterford Ranch at Oakleaf
- New ranch and two-story homes from the mid $300s
- Dynamic living spaces featuring open layouts and designer details
- 3 to 6 bedrooms, approx. 1,590 to 2,600 sq. ft.
- Near notable schools, parks, entertainment and dining & shopping at Oakleaf Town Center
- Convenient access to I-295 and SR-23
Those who choose to build a new home from the ground up at Waterford Ranch at Oakleaf will have the opportunity to work with professional design consultants at the builder's Home Gallery™ to select colors, textures, finishes and fixtures for their new living spaces—a complimentary service!
Waterford Ranch at Oakleaf is located 1108 Oakleaf Village Parkway in Orange Park. Call 904.541.2566 or visit RichmondAmerican.com for more information. View health and safety updates at RichmondAmerican.com/COVID-19.
About M.D.C. Holdings, Inc.
Operating under the name Richmond American Homes, MDC's homebuilding subsidiaries have built more than 220,000 homes since 1977. Among the nation's largest homebuilders, MDC's subsidiary companies have operations in Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington. Mortgage lending, plus insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.
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SOURCE M.D.C. Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/05/new-richmond-american-community-now-selling-orange-park/ | 2022-07-05T22:31:58Z |
CHARLOTTE, N.C. (AP) — Steve Clifford is heading back to Charlotte.
Clifford has agreed to a multiyear contract to return as head coach of the NBA’s Hornets four years after being fired by team owner Michael Jordan, the team announced Friday night.
Charlotte previously agreed to terms on a four-year contract with Golden State assistant Kenny Atkinson to become head coach, but Atkinson later informed the team he was not taking the job citing family reasons.
“I’m happy to be returning to Charlotte, and I want to thank Michael Jordan, Mitch Kupchak and Buzz Peterson for this opportunity,” Clifford said in a release. “This is an exciting young team with a lot of talented pieces. Charlotte is a great city and I know first-hand the passion that Hornets fans have for this franchise. I can’t wait to get back to town and start working with our players.”
The 60-year-old Clifford spent five seasons coaching the Hornets from 2013-18, compiling a 196-214 record with a team that included Kemba Walker.
He led the Hornets to two playoff appearances prior to being dismissed in 2018 when Kupchak arrived as general manager. Clifford coached the Orlando Magic from 2018-21, reaching the playoffs twice. He spent last season as a coaching consultant for the Brooklyn Nets.
Clifford is 292-345 in eight seasons as an NBA coach.
His best season in Charlotte came in 2015-16 when the Hornets went 48-34 and lost in seven games to the Miami Heat in the first round the playoffs.
Team owner Michael Jordan met Wednesday with Clifford, who left the team on good terms in 2018.
Clifford, known as a defensive-minded coach, inherits a team that eighth on offense last season but 22nd on defense. The Hornets gave up 132 points in a 29-point loss to the Hawks in the play-in elimination game last season, which didn’t sit well with Jordan.
The Hornets finished sixth, 10th, ninth, 17th and 17th in defensive rating during Clifford’s five seasons.
During his eight seasons as an NBA head coach, Clifford’s teams have never finished outside the top five in the league in fewest turnovers committed, and in seven of his eight campaigns his team finished in the top two in offensive rebounds allowed and the top five in defensive rebound percentage.
Kupchak said he expects the Hornets to continue to play at a high pace.
“Steve is committed to playing with the same offensive pace that our fans are accustomed to seeing the last few years,” Kupchak said. “We are confident that he will be able to help our young players continue to grow as we look to take the next step as a team.”
Clifford inherits a team that is arguably more talented than any of his previous Charlotte teams with All-Star point guard LaMelo Ball, Gordon Hayward and Miles Bridges anchoring the squad.
Atkinson’s decision to the renege on his contract on Saturday shocked the Hornets and sent them scrambling for a replacement.
Kupchak said that it was “disappointing,” but that in some ways he’s grateful it happened when it did.
“I think he would have been a good pick, but if he’s not comfortable here I would rather find out now than a year from now,” Kupchak said Thursday night during the NBA draft.
Mike D’Antoni and Terry Stotts were also in consideration for the job.
Kupchak orchestrated the team’s draft this year without a head coach in place, but said it was not a big deal and that in the pas years he’s worked with coaches who aren’t even in the draft room.
Charlotte team traded its 13th overall pick to the New York Knicks for a future first round pick and four second round picks and then took Duke center Mark Williams at No. 15. Charlotte added Nebraska guard Bryce McGowens in the second round after Kupchak made another trade.
“The roster is really what wins games,” Kupchak said. ”A good coach is going to help with the roster, but the most important thing is to get the roster together.”
The general manager said Atkinson’s decision reminded him of when Steve Kerr turned down the Knicks coaching job, only to go to Golden State where he’s won four NBA titles.
“It looks like (Kerr) make a good decision to take the job at Golden State,” Kupchak said with a laugh. “So maybe Kenny spoke to Steve, and Steve said, ‘Hey, maybe things will work out this way for you.’ I don’t know.”
Kupchak also pointed out NFL coach Bill Belichick abruptly resigning before his introductory news conference with the New York Jets in 2000. Belichick went on to coach the New England Patriots and win six Super bowls.
“That was a good decision, too. So maybe Kenny is on to something,” Kupchak quipped.
Atkinson has not responded to interview requests from the AP seeking comment about his decision to back out of the agreement. However, Kerr told NBC Sports that Atkinson turned down the job because he didn’t want to uproot his family again.
___
More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-source-clifford-to-return-as-head-coach-of-the-hornets/ | 2022-06-25T21:25:01Z |
IIAI, the premier AI research institution in the Middle East and subsidiary of G42, is announcing a partnership with Petuum to build powerful AI applications through the principles of composability, scalability, and automation
PITTSBURGH, June 6, 2022 /PRNewswire/ -- Petuum, the creator of the world's first composable platform for MLOps, and the Inception Institute for Artificial Intelligence (IIAI), have agreed to partner on the development of revolutionary AI applications.
Petuum has recently announced a limited release of the composable platform, which includes the AI OS, Universal Pipelines, Deployment Manager, and Experiment Manager, for select private beta partners. Through the partnership with Petuum, IIAI's enterprise AI/ML teams will operationalize and scale their applications into production.
Founded in 2018, IIAI's mission is to build full-stack AI solutions and operating systems for enterprise businesses and developers. Besides being the research arm for G42, IIAI is also empowering stakeholders with AI applications and incubating new technology at the cutting edge of ML innovation.
"IIAI is the clear leader in the Middle East in terms of raw talent, investment, and focus on AI. Their powerful infrastructure is a perfect fit for Petuum's ability to multiply the value of their on-prem and cloud resources. Through our collaboration, the amazing engineers at IIAI see exponential productivity improvements as they automate all but the most interesting and research-intensive tasks." -Adil Islam, Lead Product Manager at Petuum
IIAI's state of the art engines range through NLP, particularly translation, audio recognition and analysis, computer vision and image understanding, video content analysis, and knowledge graphs. In particular, IIAI's robust Machine Translation engine breaks the boundaries of file types, language types, and communication formats. The self-improving multi-modal translation engine allows users to speak or take pictures to receive streaming translations that can be compiled into files for further analysis. This engine is being expanded to sign language, as part of a focus on differently abled communities.
After an initial proof of concept with the Petuum Platform, the IIAI team is confident that the productivity and cost enhancements from the partnership will rapidly expand the institute's lead in building state of the art engines, taking it from its position as leader in MENA to becoming a global champion for the adoption of AI in enterprises.
"IIAI uses the Petuum platform for developing, deploying, and managing our AI services. Petuum's platform is accelerating the development of our market-leading Arabic NLP AI product. With Petuum AI OS, we can wrap up anything and everything, as long as it runs with Docker. In that sense, we not only have this graph system, but we can also easily standardize all of our pipelines." - Guowei He, Principal HPC Engineer at IIAI
IIAI is rapidly expanding and adding top talent to its stellar community of Scientists, Software Engineers, ML Engineers, and MLOps Engineers in Masdar City, Abu Dhabi, UAE. To learn more, email contact.iiai@g42.ai.
Petuum's award-winning team continues to grow across all roles. To learn more, please visit petuum.com or email careers@petuum.com.
About Petuum
Petuum is building the world's most composable and scalable platform for MLOps designed to help customers scale up their AI operations for speed, cost, and productivity. With low/no code interfaces and universal representations for data, pipelines, and infrastructure, the Petuum Platform provides an easy-to-use experience to supercharge your ML Engineering. Petuum was named a 2018 Technology Pioneer by the World Economic Forum, one of only 61 start-ups in the world to be so honored. Visit petuum.com to find out more about our exclusive private beta.
Follow Petuum for News and Updates
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SOURCE Petuum | https://www.kxii.com/prnewswire/2022/06/06/petuum-inception-institute-ai-partner-advanced-ai/ | 2022-06-06T14:28:51Z |
BLACKSBURG, Va., May 12, 2022 /PRNewswire/ -- Torc Robotics has tapped Axel Gern, a long-time leader in truck automation, to head its recently opened Torc Europe GmbH engineering facility in Stuttgart, Germany. Gern has been named senior vice president of engineering and managing director for Torc Europe at the technology and software development center.
"We are thrilled to have Axel join our team," said Michael Fleming, Torc founder and CEO. "We have worked closely with him since before Daimler Truck invested in Torc, and we appreciate his clear vision and strong leadership. He knows the roadmap and the tech, and has earned great respect from Torc'rs."
Gern joins the Torc team after serving as the chief technology officer for the Daimler Truck Autonomous Technology Group, where he had a leading role in the technological strategy for the company's Level 4 autonomous truck development. At the same time, he built a strong team in Germany focusing on system design, safety engineering, validation, and testing, as well as motion control and hardware development — all functions that support autonomous driving.
Gern was on the Daimler Truck team that investigated autonomous driving partnerships that led to the successful 2019 acquisition of a majority stake in Torc. "I believe Torc is a major force in the safe commercialization of autonomous trucks, and I am very happy to join the team," said Gern. "We have very strong engineers and technical resources in Germany, and I look forward to supporting the deployment of Level 4 autonomous trucks in the United States.
After serving as vice president of Autonomous Driving North America in Sunnyvale, California, for Mercedes-Benz Research & Development North America, Gern joined Daimler Truck in 2018 as the technical project lead, Autonomous Trucks. Earlier he joined what was then Daimler AG in 1998 as a research and development engineer and earned successively higher-level positions in the organization. Gern studied computer science at the University of Stuttgart, focusing on software engineering, distributed artificial intelligence, and robotics, and earned his Ph.D. in 2005.
Gern is a long-time thought leader on autonomous trucks. He believes that combining Daimler Truck's strong knowledge and expertise in system design and safety, with the software development skills from Torc, is a winning combination.
Torc's appointment of Gern to lead its Germany location comes amid fast growth as the company accelerates its work to commercialize Level 4 autonomous trucks at scale. Torc recently announced the opening of its 18,000 square-foot technology and development center (with an additional 12,000 square feet of workshop space), located in one of Germany's prime automotive development regions.
The Stuttgart center was announced in tandem with Torc's new engineering office in Austin, Texas. Torc also operates a test facility in Albuquerque, New Mexico, as well as its headquarters in Blacksburg, Virginia.
About Torc
Torc Robotics, headquartered in Blacksburg, Virginia, is an independent subsidiary of Daimler Truck AG, a global leader and pioneer in trucking. Torc has 17 years of experience in pioneering safety-critical, self-driving applications. Torc offers a complete self-driving vehicle software and integration solution and is currently focusing on commercializing autonomous trucks for U.S. long-haul applications. Torc operates test facilities in Albuquerque, New Mexico, and an engineering office in Austin, Texas. Torc's mission is saving lives with autonomous technology, which incorporates reducing highway deaths, enabling critical supplies – including medicines and foods – to reach every community in a timely manner, and helping the transportation industry increase fuel economy, uptime, and capacity.
Media contact: Laura Lawton | press@torc.ai |(408) 505-5820
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SOURCE Torc Robotics | https://www.kxii.com/prnewswire/2022/05/12/axel-gern-head-torc-robotics-technology-development-center-europe/ | 2022-05-12T14:48:44Z |
LANDSKRONA, Sweden, Aug. 18, 2022 /PRNewswire/ -- SAF-HOLLAND SE ("SAF-HOLLAND") declared the public offer for Haldex Aktiebolag ("Haldex" or the "Company") unconditional on 18 August 2022. SAF-HOLLAND controls more than 90 per cent of the shares in Haldex and has communicated its intention to squeeze out the remaining shares in the Company.
The Board of Haldex has today resolved to apply for delisting of the Company's shares from Nasdaq Stockholm. The last day of trading in the Company's shares on Nasdaq Stockholm will be announced as soon as the Company has received confirmation from Nasdaq Stockholm.
The Board of Haldex has further today resolved to convene an Extraordinary General Meeting to be held on Wednesday, 14 September 2022, for the purposes of, among other things, electing new Board members.
For further information, please contact:
Linda Carlsson, Head of Legal
Jenny Boström, Investor Relations Manager
Phone: +46 418 47 62 01
E-mail: ir@haldex.com
The information was submitted for publication, through the agency of the contact person set out above, at 18:30 CEST on 18 August 2022.
About Haldex
Over 100 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers, and buses. We live and breathe our business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in our customer's reality. Through focusing on our core competences and the passion we all share, we achieve the agility and flexibility that the market demands. Innovative collaborations aren't only the core of our products, but our philosophy. Our
2 000 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products we deliver create a unique value to our customers and the end users. We are listed on Nasdaq Stockholm and have a turnover of approx. 4.6 billion SEK.
This information was brought to you by Cision http://news.cision.com
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SOURCE Haldex | https://www.kxii.com/prnewswire/2022/08/18/haldex-applies-delisting-convenes-an-extraordinary-general-meeting/ | 2022-08-18T17:55:55Z |
Firms aligned in helping financial advisors diminish cybersecurity risk, protect client data and comply with fast-changing regulations
SANTA CLARA, Calif. and MORRISTOWN, N.J., July 12, 2022 /PRNewswire/ -- Entreda, an award-winning developer of integrated cybersecurity compliance software and solutions for the wealth management and insurance industries, today announced that Private Advisor Group, one of the largest and fastest-growing independent wealth management firms in the country*, which oversees over $30 billion in client assets, has selected Entreda as its cybersecurity risk mitigation and compliance solution.
The two companies are aligned in helping financial advisors diminish cybersecurity risk, protect client data and comply with fast-changing regulations. Starting in April, Entreda was made available to Private Advisor Group's Investment Advisor Representative community as a benefit of affiliation. Being that LPL Financial is also partnered with Entreda to help protect systems against cyber-attacks, this launch makes the application a fit for Private Advisor Group's entire advisor community. Services are offered through Entreda's Unify Platform featuring 24x7 monitoring and response for threats and vulnerabilities.
Sid Yenamandra, CEO and founder of Entreda, a Smarsh company, said, "As the wealth management universe adapts to modern technology and remote advisor-client relationships, firms more than ever need to know whether they can trust their networks across different time zones and geographical location. Industry leaders see that the quality of services provided to clients cannot be guaranteed, however, a robust third-party risk-management capability allows safer access to cloud-based apps and other tools. Entreda's edge in identifying and fixing gaps in all-important networks and our high-profile partnerships with some of the nation's largest wealth management firms, make us a great solution for firms like Private Advisor Group."
Philip Coniglio, Chief Information Officer and Chief Information Security Officer at Private Advisor Group said, "Independent financial advisors need to know that the networks they and their clients use enhance security and protect them from cyberattacks, particularly ransomware. Private Advisor Group is a family of like-minded advisors who hold high value in placing clients' interests first and are committed to growing their business as entrepreneurs and financial experts. Entreda will allow our advisors to safely build thriving practices while staying ahead of the competition."
The Unify Platform will provide Private Advisor Group's advisor community with constant, around-the-clock endpoint monitoring. Unify complements existing security software and was built to provide an added layer of protection and to save advisors time with adhering to security requirements. Entreda's risk-based authentication uses scores to determine whether a computer poses a security threat. It also aids in detecting issues and giving a path to addressing threats quickly and compliantly.
Entreda is the leading provider of comprehensive cybersecurity software, systems and training to the independent financial advice industry. Its Unify platform monitors endpoints on client networks, offers advanced network vulnerability scanning and automatically remediates vulnerabilities. Entreda's proprietary Cyber Risk Number safeguards clients' data and its Third-Party Risk Management program helps firms easily implement their own vendor risk assessment process. Entreda acquired cloud-based platform Privva in October 2021, further consolidating its position as a provider of vendor risk management services for wealth management. Entreda won the Wealth Management Industry Award for Top Cybersecurity vendor in 2019 and 2020 and was named in the 2021 T3 Inside Information Advisor Software Survey as the market leader for cybersecurity resources. For more information, visit the Entreda Unify page on Smarsh.com.
Entreda was acquired by Smarsh, the recognized global leader in electronic communications archiving solutions for regulated organizations, in May 2020. For more information, visit www.smarsh.com.
Founded in 1997 in Morristown, N.J., Private Advisor Group is one of the nation's leading financial services firms. Serving over $30 billion in assets under management, the firm leverages its resources to deliver strategies that strive to improve financial outcomes for individual investors and inspire growth, fiduciary adherence, succession solutions and a client-centric approach for independent financial advisors' practices. Barron's has recognized Private Advisor Group as a top ten registered investment advisory firm since 2019.
*Barron's "Top 100 RIA Firms" ranking is based upon quantitative and qualitative criteria including: regulatory records, client retention reports, assets managed, revenue generated, technology spending, number of clients, size and diversity of staff, placement of a succession plan, and more. Investor experience and returns are not considered. Neither Private Advisor Group nor its financial advisors pay a fee to Barron's in exchange for the ranking.
For more information, visit www.privateadvisorgroup.com.
Securities offered through LPL Financial, Member FINRA/SIPC. Investment Advice offered through Private Advisor Group, a registered investment advisor and separate entity from LPL Financial.
Media Contacts:
Entreda and Smarsh
Joseph Kuo/Elizabeth Shim
Haven Tower Group
424 317 4851 or 424 317 4861
jkuo@haventower.com or eshim@haventower.com
Private Advisor Group
Kelly Coulter
480-815-8695
kelly.coulter@privateadvisorgroup.com
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SOURCE Entreda | https://www.wibw.com/prnewswire/2022/07/12/private-advisor-group-launches-entreda-cybersecurity-risk-mitigation-compliance-solution/ | 2022-07-12T10:34:09Z |
74% of San Luis Obispo County residents support keeping Diablo Canyon open
58% of Californians support extending the life of the plant
SACRAMENTO, Calif. , May 19, 2022 /PRNewswire/ -- Newly released polling shows strong local support for extending the operations of the Diablo Canyon Nuclear Power Plant, California's largest source of carbon free energy generation. Statewide support for extending operations of the plant was also strong, according to the poll conducted by FM3 Research. Gov. Gavin Newsom recently announced his intent to explore options to continue operations at the Diablo Canyon Nuclear Power Plant. The poll was commissioned by Carbon Free California with input and support from Data for Progress.
"We found that Californians broadly support the continued use of Diablo Canyon Power Plant to generate electricity," said Dave Metz, partner and president at FM3 Research. "Closer to the plant, in San Luis Obispo County specifically, we saw that support intensify."
Statewide, 58 percent of voters support continued operation of California's last existing nuclear power plant, while only 32 percent oppose. In San Luis Obispo County, 74 percent of voters indicated support for continued operation of Diablo Canyon, with 56 percent of respondents "strongly" supporting.
There was strong agreement among voters on the most important benefits of continuing to operate Diablo Canyon, including reducing the likelihood of blackouts (77%), saving more than $2 billion on electric bills (76%), and providing a reliable source of electricity as the state transitions to wind and solar power (75%).
"California voters overwhelmingly approve of carbon-free energy — and support further use of nuclear energy," said Danielle Deiseroth, lead climate strategist at Data for Progress. "It's clear that these voters support the Diablo Canyon Power Plant remaining open to reduce electricity costs, enhance grid reliability, and meet our emissions reduction goals."
The poll provided detailed information about the issue, testing arguments on both sides. Support for extending the use of Diablo Canyon rose to 60% after voters heard pros and cons about the plant's continued operation.
Overall, the poll found that California voters have become more comfortable with nuclear energy over time, with solid majorities saying they approve of the use of nuclear power to generate electricity and that its benefits outweigh its risks.
Carbon Free California commissioned the poll of 620 registered voters statewide January 11-19, 2022, plus an oversample of San Luis Obispo County voters yielding 217 total interviews.
A more detailed summary of the poll is available here.
Carbon Free California is funded by California-based entrepreneurs and brings together leaders from business, labor and the technology sector to focus on creating a pathway to a carbon-free future and securing the clean, reliable energy needed to power the world's fifth-largest economy. Carbon Free California believes the state must pursue all forms of emission-free energy to address the climate crisis and achieve our urgent emission reduction goals. Extending the operation of the Diablo Canyon Nuclear Power Plant will bolster the grid with reliable carbon-free energy and enable the state to transition to increasing shares of wind and solar power, while avoiding disruptive and costly rolling blackouts. Carbon Free California receives no funding from utility or nuclear industry interests.
Learn more at www.carbonfreeca.org or follow us on Twitter at @carbonfreeca.
Data for Progress is a progressive think tank and polling firm, which arms movements with data-driven tools to fight for a more equitable future. DFP provides polling, data-based messaging, and policy generation for the progressive movement, and advises campaigns and candidates with the tools they need to win. DFP polling is regularly cited by The New York Times, The Washington Post, and hundreds of other trusted news organizations.
Learn more at dataforprogress.org or follow DFP on Twitter at @dataprogress.
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SOURCE Carbon Free California | https://www.mysuncoast.com/prnewswire/2022/05/19/poll-strong-local-statewide-support-diablo-canyon-nuclear-power-plant/ | 2022-05-20T00:33:51Z |
Just keep your returns: Stores weigh paying you not to bring back unwanted items
Published: Jun. 27, 2022 at 7:24 AM CDT|Updated: 25 minutes ago
(CNN) – The supply chain crisis has retailers considering the unthinkable: Instead of returning your unwanted items, just keep them.
Some of the biggest retail chains have reported in their latest earnings calls that they have too much inventory.
With the cost of storage rising, many stores are figuring out it’s cheaper to give customers their refunds and let them keep the merchandise.
It’s a trend that started with Amazon several years ago.
Walmart and Lowe’s refused to comment on the new return strategy, but several big box retailers are known to be practicing it.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/27/just-keep-your-returns-stores-weigh-paying-you-not-bring-back-unwanted-items/ | 2022-06-27T12:50:31Z |
The iconic brand will continue their partnership with non-profit organizations to celebrate National Cleanup Day and National Public Lands Day
HORSHAM, Pa., Sept. 7, 2022 /PRNewswire/ -- Following successful volunteer trail cleanup events in 2021, the Thomas'® brand, creators and bakers of the original Nooks & Crannies® English Muffins, has partnered for the second consecutive year with local non-profit organizations in the Pacific Northwest to host two volunteer-fueled trail cleanup events taking place on National Cleanup Day (September 17, 2022) and National Public Lands Day (September 24, 2022). Volunteers in the area are invited to join Thomas' in the great outdoors to preserve and beautify nature's Nooks & Crannies and prepare each region's local hiking trails for year-round enjoyment.
As part of its multi-year partnership, Thomas' will once again team up with well-known local organizations, Friends of Lake Sammamish Park in Issaquah, Washington and the Forest Park Conservancy in Portland, Oregon, to encourage residents to support local environmental sustainability efforts and show love to the treasured trails that sustain the community and its nature-enthusiasts.
The partnership between Thomas' and these impactful local organizations represents a commitment to restore and improve public lands and is part of their shared missions and dedication of supporting and protecting Pacific Northwest trails. In addition to the cleanup events, Thomas' will make a $10,000 donation to each organization to support habitat restoration and future expansion projects to maintain the integrity of trails for current and future residents.
On-site, volunteers will work to enhance opportunities for outdoor recreation, expanding the park's designated walking trails and creating ADA accessible paths to accommodate all abilities. Additionally, volunteers will maintain and improve the ecological health of the forest through maintenance, beautification, weeding, and trash removal. Following the cleanup efforts, Thomas' will treat volunteers to a catered breakfast featuring local foodie favorites Portage Bay Cafe and The Daily Feast.
"After the impressive impact volunteers had on these parks during our 2021 trail cleanup events, we are thrilled to partner once again with these organizations to give back to local communities and celebrate National Cleanup Day and National Public Lands Day," said Michael Jensen, Brand Manager for Thomas'. "It is humbling to see what can be achieved when we come together to support the environment and we're proud to be able to raise awareness through these efforts."
Thomas' dates back to 1880 when Samuel Bath Thomas created his original English Muffin in New York City using a secret process that included griddle baking to create a Nooks and Crannies® English Muffin. The company has since added bagels and breakfast breads, including a line of swirl breads and mini croissants, to its breakfast offerings. Today, Thomas' sells the #1 English Muffin and #1 grocery bagel in the U.S. For a full list of Thomas' products and where to buy them, please visit www.ThomasBreads.com.
About Bimbo Bakeries USA
Bimbo Bakeries USA (BBU) is a leader in the baking industry, known for its category leading brands, innovative products, freshness and quality. Our team of 20,000+ U.S. associates operates 62 manufacturing locations in the United States. Over 11,000 distribution routes deliver our leading brands such as Arnold®, Artesano®, Ball Park®, Bimbo®, Boboli®, Brownberry®, Entenmann's®, Little Bites®, Marinela®, Mrs Baird's®, Oroweat®, Sara Lee®, Stroehmann® and Thomas'®. BBU is owned by Mexico's Grupo Bimbo, S.A.B de C.V., the world's largest baking company with operations in 33 countries.
About Forest Park Conservatory
The mission of the Forest Park Conservancy is to protect and restore Forest Park for future generations. We engage with and educate over 2,000 volunteers and 150 private landowners each year. Forest Park and the land surrounding it are part of a larger ecosystem (over 15,000 acres) which play a vital role in mitigating the impacts of climate change in the Portland area and provide numerous ecosystem services including cleaner air, cleaner water, carbon sequestration and significantly lowering the urban heat island effect. Our organization serves the Portland/Vancouver region and is currently focusing more specifically on ways in which to serve historically marginalized communities through our work.
About Friends of Lake Sammamish
Friends of Lake Sammamish State Park is a non-profit 501(c)(3) organization dedicated to supporting, enhancing and promoting Lake Sammamish State Park for the benefit of the entire community. Friends of Lake Sammamish State Park advocates for capital improvements, communicates about activities and amenities, supports habitat restoration, and brings visitors to the park year-round for special events and programming.
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SOURCE Bimbo Bakeries USA | https://www.wibw.com/prnewswire/2022/09/07/thomas-furthers-its-environmental-commitment-pacific-northwest-with-year-two-volunteer-trail-cleanup-events/ | 2022-09-07T13:47:30Z |
The acquisition strengthens the company's presence in the U.S. Pacific Northwest with respect to code consulting and accessibility services, one of its core areas of expertise.
BALTIMORE, Md., July 28, 2022 /PRNewswire/ -- Today, Jensen Hughes, the global leader in engineering, consulting and technology that make the world safe, secure and resilient, announced that it has acquired Code Unlimited, an award-winning, fast-growing building code consulting and fire protection engineering firm headquartered in Portland, Oregon. This acquisition extends the company's footprint in the U.S. Pacific Northwest, expands its client roster by hundreds of accounts, and brings several dozen new seasoned experts to its expanding U.S. and global team.
Founded by Samir and Asawari Mokashi, the firm has established a strong reputation and a loyal client base that relies on its experts for business code, fire protection and hazardous materials risk management services. The company and its personnel hold industry certifications and expertise in ICC, IBC, IFC, ADA, cASP, NFPA, Historical & Legacy Codes, Land Use and Zoning, as well as Mass Timber, Seismic Analysis, DoD, and UFC regulations.
"Ever since we established our firm, we have focused on superior client service," explains Samir Mokashi. "At some point, however, maintaining our high-quality standards requires the ability to continue to recruit and retain seasoned experts passionate about their work. Joining Jensen Hughes allows us to work with a broader global team, offer our people more opportunities and be more competitive in recruiting top talent. Additionally, the opportunity to leverage Jensen Hughes's digital tools will enhance our firms' service."
"This will also allow us to win and participate in much larger projects," says Asawari Mokashi. "Jensen Hughes is a world-class organization winning and working on some of our industry's largest, most complex and challenging projects."
"We are very pleased to have Code Unlimited aboard," says Raj Arora, CEO of Jensen Hughes. "We're very selective in our acquisitions and are impressed with the entire team that Samir and Asawari have put together and what they have delivered for their clients. Like us, they care very deeply about purpose and principles and strongly emphasize the value of people, clients, industry and performance. In addition the Code Unlimited Pacific Northwest location is an area in which Jensen Hughes has been under-represented until now."
For more information, visit jensenhughes.com
Jensen Hughes is the global leader in engineering, consulting and technology that make our world safe, secure and resilient. Worldwide, we are recognized most widely for our leadership in fire protection engineering – a legacy of responsibility we have advanced with honor and pride since 1939. Our commitment to safety, security and resilience extends to other critical competencies core to our purpose, strategic capabilities we have been expanding for years. These include accessibility consulting, risk and hazard analysis, process safety, forensic investigations, security risk, and emergency management as well as digital innovation across many of our services. Today, our 1,500+ engineers, consultants, analysts and strategists work from 90+ offices supporting clients in 100+ countries across all markets – from Government, Healthcare, Science, and Technology to Energy, Mission Critical and Transportation. For more information, visit www.jensenhughes.com.
Based in San Francisco, Gryphon Investors (www.gryphoninvestors.com) is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management. The firm has managed over $8.3 billion of equity investments and capital since 1997. Gryphon targets making equity investments of $50 million to $300 million in portfolio companies with enterprise values ranging from approximately $100 million to $600 million. Gryphon prioritizes investment opportunities where it can form strong partnerships with owners and executives to build leading companies, utilizing Gryphon's capital, specialized professional resources, and operational expert
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SOURCE Jensen Hughes | https://www.kxii.com/prnewswire/2022/07/28/code-unlimited-joins-jensen-hughes/ | 2022-07-28T16:01:17Z |
The first-of-its-kind, Montessori-inspired cooking academy is poised to change lives from scratch by expanding its presence into the Grand Canyon State
PHOENIX, Sept. 14, 2022 /PRNewswire/ -- With the increasing demand for a curriculum that focuses on practical life skills empowering children to be independent – Little Kitchen Academy, the first-of-its-kind, Montessori-inspired cooking academy – has announced their desire to identify multi-unit franchise and development partners to assist in bringing the brand to communities throughout Arizona. Known for teaching practical life skills and food literacy to children in order to promote a more educated, independent, and healthier society, Little Kitchen Academy empowers students to take their life choices into their own hands to improve their lives and those around them.
Little Kitchen Academy offers its franchise and development partners the opportunity to truly make an impact, blending an innovative, purpose-driven concept that transcends cultures, languages and geography. With nine locations open in Canada, Los Angeles, and Portland, the Montessori-inspired cooking academy has recently inked development deals to open over 240 locations in Colorado, Illinois, Michigan, Oregon, Texas, Washington and Canada. To continue their impressive momentum and growth, Little Kitchen Academy is actively seeking multi-unit franchise or development partners in the Greater Phoenix Region, Tucson, Yuma, and Flagstaff.
"We are grateful to be changing lives from scratch through LKA and excited to share what we are doing in a market that we fondly once called our home," said Brian Curin, Co-Founder/Co-CEO & President of Little Kitchen Academy. "This expansion will not only bring our brand to new markets, but will provide the opportunity for children to learn how to cook, and more importantly gain self-confidence, increase independence, and provide an outlet to create and build friendships."
Little Kitchen Academy empowers children with practical life skill, independence, and the confidence to make positive life choices through cooking. Inspired by the Montessori pedagogy, Little Kitchen Academy provides children the tools and experiences that allow them to progress at their speed, and encourage their interests, while nurturing specific needs during critical time periods in child development. The learning begins as soon as students enter the "for student chefs only" environment. Each students' cooking journey includes experimenting with math and science concepts; testing one's reading skills; developing social etiquette, table manners and sustainable decision making by informing students of local, in-season, and organic produce, and sharing the fruits of their labor by dining together at the end of every lesson at the LKA Community Table made of more than 33,000 recycled chopsticks.
The concept was co-founded by serial entrepreneur Brian Curin; his wife, Montessori-trained culinary expert Felicity Curin; and social impact investor and entrepreneur Praveen Varshney. Curin has built some of the most exciting and fastest-growing brands globally including Flip Flop Shops, OfficeZilla.com, Moe's Southwest Grill, and Cold Stone Creamery. The brand has set itself apart by its high-profile partnerships, including BIRKENSTOCK, AeroGarden, and Chef Works, leaders in sustainability like Emeco and ChopValue, innovators like Welcome Industries and PRISE Inc., as well as Iron Chef Cat Cora, Official Brand Ambassador and Advisor.
For more information about Little Kitchen Academy's franchise opportunity, visit littlekitchenacademy.com/about/franchise/.
About Little Kitchen Academy
Little Kitchen Academy is the key ingredient for an independent child. The first-of-its-kind, Montessori-inspired cooking academy for kids ages three through teen is focused on providing a safe, inspiring, and empowering space for children to identify, develop, and refine their senses. Based in Vancouver, Canada, the concept was co-founded by proven global brand and franchise expert and serial entrepreneur Brian Curin, his wife, Montessori-trained, culinary expert, and visionary Felicity Curin, and social impact investor and entrepreneur Praveen Varshney, on the belief that by empowering children with practical life skills and knowledge in a positive and joyful environment, they and their company will affect positive lifestyle changes that result in a healthier world. True to its mission, LKA lives to create a more educated, able, and healthy society through mindful, healthy eating choices, and is committed to changing lives, from scratch to consumption. Part of that mission includes empowering students to learn how they can make the world a better place through How Can I Help by Little Kitchen Academy, LKA's signature philanthropic program, supporting Crisis Text Line, The Global FoodBanking Network, Kids Help Phone, and One Tree Planted. In addition to charitable partnerships, LKA has forged strategic global brand partnerships with Iron Chef Cat Cora, AeroGarden, BIRKENSTOCK, ChefWorks, Emeco, ChopValue, Welcome Industries, and PRISE Inc. Little Kitchen Academy's flagship venues are located in Vancouver, B.C., and Los Angeles, California.
For a taste of Little Kitchen Academy, visit littlekitchenacademy.com or join its communities on Facebook, Instagram, Twitter, LinkedIn, and YouTube.
Contact: Grant Hennessy, Franchise Elevator PR, ghennessy@franchiseelevator.com
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SOURCE Little Kitchen Academy | https://www.kxii.com/prnewswire/2022/09/14/little-kitchen-academy-looks-arizona-expansion/ | 2022-09-14T14:36:10Z |
Boeing ‘probably shouldn’t have taken’ Trump-negotiated Air Force One deal, CEO says
By Gregory Wallace, CNN
Boeing’s CEO on Wednesday called the unusual deal his predecessor negotiated with then-President Donald Trump for the next generation of Air Force One a one-off that he hopes not to repeat.
“Air Force One, I’m just going to call a very unique moment, a very unique negotiation. A very unique set of risks that Boeing probably shouldn’t have taken,” CEO David Calhoun said. “But we are where we are.”
Boeing made the deal in 2018 after Trump publicly criticized the program’s costs, writing “Cancel order!” and amid Trump’s tough rhetoric on China that risked consequences for Boeing and other US exporters.
Calhoun spoke on the company’s quarterly earnings call and promised investors “a very different philosophy” to fixing in advance the price for military projects.
Boeing agreed to a fixed $3.9 billion price tag but has since encountered issues and higher costs that threaten to delay delivery of the two 747 jets until the end of 2026, approximately two years later than Boeing promised.
Earlier this month, the Air Force attributed the delay to a “combination of factors including impacts from the Covid-19 pandemic, interiors supplier transition, manpower limitations, wiring design timelines and test execution rates.” Boeing declined at the time to comment on the delay.
Calhoun said the coronavirus pandemic complicated work because only a limited number of workers have the high-level security clearances necessary to work on the project.
“When a Covid line goes down or a group of workers steps out, we don’t have a whole bunch of cleared people to step into their shoes,” he said.
“For VC-25B where the clearances are ultra-high, it’s really tough,” he continued, using the military model number to describe the jets.
The former President, with his deal-making persona, took an unusually hands-on approach to the Air Force One deal. He personally met with Boeing big-wigs at the White House to seal the deal. He also shared drawings for a new red, white and blue color scheme for the jets.
Other factors complicated the Trump-Boeing relationship. The company faced business pressure from his sharp criticism of China. Following a pair of deadly crashes, the President personally announced the grounding of Boeing’s 737 MAX jet — a matter typically handled by the Federal Aviation Administration. And his acting defense secretary, who ultimately withdrew from consideration for the permanent job after allegations of domestic violence surfaced, was a former Boeing executive.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/28/boeing-probably-shouldnt-have-taken-trump-negotiated-air-force-one-deal-ceo-says-2/ | 2022-04-28T22:16:28Z |
With three locations in Georgia, Illinois, and Texas, the premium dog grooming brand looks to expand its national footprint
NORMAL, Ill., May 4, 2022 /PRNewswire/ -- As the pet industry continues experiencing explosive growth, with 63.4M households owning at least one dog – Salty Dawg Pet Salon, the premium dog grooming brand that challenges people to "Pet Differently," has announced their national franchising opportunity. Salty Dawg Pet Salon has innovated the approach to pet grooming with an organic solution: sourcing licensed hairstylists and barbers and providing them with an exclusive dog grooming training program to transition from styling humans to styling our furry companions.
"When people visit a salon, they expect a great haircut, style, and service, and they expect an experience," says Salty Dawg co-founder and CEO John Kanski. "Why should your pet be treated any differently? At Salty Dawg, we create a safe, loving experience that leaves your pets feeling as beautiful as they look. We're excited about expanding our footprint, offering an unparalleled opportunity to our franchise partners and a one-of-a-kind grooming experience to dog parents nationwide."
Kanski founded Salty Dawg Pet Salon in 2018, when he noticed that typical grooming shops took his Springer Spaniel behind closed doors and left her in an anxious state during her visit. Kanski, a Paul Mitchell School owner with locations across four states, dreamed of redefining the grooming experience by creating an expedited process to teach licensed hairstylists and barbers to groom animals. Turning his dream into a reality, Kanski teamed up with Winn Claybaugh, founder and co-owner of Paul Mitchell Advanced Education (the franchisor of 100+ cosmetology and/or barbering schools operating under the Paul Mitchell School brand), and Gary Ratner, a lifelong expert in the beauty industry with over 40 years of experience in retail, real estate, store operations, and franchising.
Thanks to their robust experience in the hairstyling industry, the three co-owners offer ties to prestigious talent pools, giving Salty Dawg an array of options when it comes to finding pet stylists. The brand works to develop relationships with potential candidates rising through the beauty industry to ensure that the stylist's and brand's mission align. In addition, Salty Dawg's tailored training program caters to the stylist's individual learning style, allowing them to thrive. This approach, replicating that of the Paul Mitchell School network, has resulted in talented and prepared pet stylists who feel confident in their transition from human to pet clientele. This attractive program not only trains candidates but offers a successful career path.
"Salty Dawg's unique approach to attracting and training stylists is certainly a key ingredient to our success, but what truly sets us apart is our culture," Claybaugh adds. "We've built a culture of being nice, structured on meeting three basic needs: helping our customers and pet stylists feel safe, feel that they belong, and feel that they have a purpose."
Claybaugh developed the "Be Nice" culture when he founded Paul Mitchell's school division. It translated into a national phenomenon, leading Claybaugh to become a bestselling author and speaker as well as the dean of 100-plus schools nationwide. Implementing his approach at Salty Dawg Pet Salon has ensured that the brand provides a welcoming community for customers and employees alike. The brand is also committed to pursuing philanthropic endeavors.
Although Salty Dawg may be a new player in the pet grooming industry, the brand's founders have been in the beauty and hair industry for over 40 years and have an impressive record of investing in their communities. To date, Salty Dawg's co-founders have been instrumental in helping the nationwide network of Paul Mitchell Schools raise more than $23 million for charity, including $700,000 for animal-related nonprofit organizations, donated through the Andrew Gomez Dream Foundation. The primary animal-related recipients include American Humane Society, Best Friends Animal Society, and Morris Animal Foundation. "One of my fondest memories was working personally with Morris Animal Foundation trustee, board president, and spokesperson Betty White, as we raised over $520,000 for the animals she loved so much," Claybaugh says.
With three locations currently operating in Georgia, Illinois, and Texas, the grooming brand is actively seeking single and multi-unit franchise partners in 41 states. While they encourage those with franchise experience to apply, Salty Dawg's approachable system is designed to accommodate first-time franchise partners as well. Above all else, Salty Dawg Pet Salon wants partners who embody the Salty Dawg culture and have a love for dogs. Including the franchise fee, the initial investment for a Salty Dawg Pet Salon location ranges from $145,300 to $414,000.
For more information about Salty Dawg Pet Salon's franchise opportunity, visit https://saltydawgpetsalon.com/franchising.
About Salty Dawg Pet Salon
Founded in 2018, Salty Dawg Pet Salon "pets differently" with a unique, service-centered culture inspired by the "Be Nice" culture found in the Paul Mitchell Schools network. Our transparent and stress-free environment lets pet parents feel good, knowing their pets are having an amazing experience. Our expedited process lets licensed hairstylists and barbers build on their previous training in scissor cutting, clipper-over-comb technique, and knowledge of hair texture, skin, and nail conditions to become competent and confident pet stylists. For more information, visit https://saltydawgpetsalon.com/
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SOURCE Salty Dawg Pet Salon | https://www.mysuncoast.com/prnewswire/2022/05/04/salty-dawg-pet-salon-announces-national-franchise-expansion-pet-care-industry-experiences-explosive-growth/ | 2022-05-04T16:49:07Z |
Most US schools to keep mask optional policy
Published: Aug. 1, 2022 at 8:56 AM CDT|Updated: 45 minutes ago
(CNN) - Most students in the U.S. are heading into the new school year with an optional mask policy.
According to data company Burbio, about 98% of the top 500 kindergarten through 12th-grade schools do not require facial coverings.
However, the School Superintendents Association says policies could change in some areas where COVID-19 cases escalate.
The Centers for Disease Control and Prevention is recommending universal indoor masking for schools and early education programs in locations with a high COVID-19 community level.
Right now, the CDC says nearly 46% of U.S. counties fall in that category.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/01/most-us-schools-keep-mask-optional-policy/ | 2022-08-01T14:45:28Z |
NEW ORLEANS, Aug. 26, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until September 6, 2022 to file lead plaintiff applications in a securities class action lawsuit against Outset Medical, Inc. ("Outset" or the "Company") (NasdaqGS: OM), if they purchased the Company's shares between September 15, 2020 and June 13, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of California.
Outset investors should visit us at https://claimsfiler.com/cases/nasdaq-om/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
CareDx and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
Outset and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 5, 2022, the Company disclosed negative results for 1Q2022, which, among other things, analysts attributed to the untested nature of Tablo, its flagship product which is a dialysis machine that purifies tap water and then artificially purifies and removes toxins from the blood of patients suffering from kidney failure. On this news, shares of Outset fell more than 40% over the three trading days that followed, from a closing price of $39.94 per share on May 4, 2022, to a closing price of $23.06 per share on May 9, 2022.
Then, on June 13, 2022, the Company disclosed a hold on all shipments of Tablo for home use by the FDA until proper regulatory clearance was received. The Company subsequently disclosed that the "ship hold" had been in place for weeks before investors were informed and that as a result of the hold, the Company was "suspending our prior full-year and long-term guidance.". On this news, shares of Outset fell another 33%, from a closing price of $20.41 per share on June 13, 2022, to a closing price of $13.46 per share on June 14, 2022.
The case is Plymouth County Retirement Association v. Outset Medical, Inc., 22-cv-04016.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler | https://www.wibw.com/prnewswire/2022/08/27/outset-medical-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-outset-medical-inc-om/ | 2022-08-27T03:38:28Z |
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), today announced the game-changing release of the Vocal mobile app for iOS to the general public. The long-awaited first version of the Vocal app was built to exponentially enhance the reach of Vocal creators. New app-exclusive features will significantly improve reader experience, allowing users to easily discover curated stories, widening distribution of content and opening up new monetization opportunities for creators. The introduction of the app presents partnering brands with yet another outlet to Vocal's rapidly-growing audience by providing them with a scalable and unique platform to introduce products and services that are aligned with Creatd's vision.
Users can now download the Vocal app from the Apple App Store to engage with the content and creators they know and love, and discover new favorites. The app leverages Vocal's existing "Subscribe" feature to enable enhanced content discovery with an emphasis on reader preferences; app users will have the benefit of quick and easy access to a custom in-app "Library" highlighting the stories and creators they have previously subscribed-to, fostering a more personalized and highly-curated reader experience. As part of the app's product roadmap, users will be able to access future premium resources and features, such as Vocal Coins – a new payment system within Vocal, which is part of the Company's broader token economics initiative.
Commented Creatd's founder and COO Justin Maury, "With the release of the Vocal app to the general public, we are excited to achieve a whole new level of community engagement, while at the same time unlocking new revenue streams for creators, brands and our company."
Download the Vocal app for iOS on the Apple App Store, here.
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology. The Company has four main business segments, or 'pillars': Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios. Each pillar is characterized by a distinct revenue model, while operating on a shared-services structure and proprietary data collected from our multiple technology platforms. Creatd's pillars work together to create a flywheel effect, supporting our core vision of creating a viable and safe ecosystem for all stakeholders in the creator economy.
Creatd: https://creatd.com;
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;
Investor Relations Contact: ir@creatd.com
Forward-Looking Statements
Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.
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SOURCE Creatd, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/11/creatd-announces-successful-public-release-its-vocal-ios-app-ahead-schedule/ | 2022-08-11T20:17:56Z |
The complete networking suite developed by the company offers fast and secure cloud connectivity solutions that enable telecom service providers to better serve SME/Bs with dispersed branches, offices, and remote home offices
TEL AVIV, Israel, June 16, 2022 /PRNewswire/ -- BBT.live (Be BroadBand Technologies), founded by entrepreneur Moshe Levinson, has announced a successful $6.8 million seed funding round led by Tzvi Neta Holdings LTD, the investment entity of Tzvi Neta, chairman and owner of Automotive Equipment & Vehicles Ltd. Additional investors include telecommunications company Accel Solutions and existing shareholders.
BBT.live's innovative SDN platform combines SASE & SD-WAN (Software-defined wide area network) technology with various network security services to allow secure broadband connectivity between offices, branches and remote home offices.
SASE technology is the future of secure networking in a world that is rapidly relying on digitalization, cloud computing and 'work from anywhere'. Companies that operate across branches, offices and the homes of their employees need effective, fast and secure connectivity to manage a multitude of diverse business applications.
BBT.live's technology is a one-stop-shop for providers of broadband networks. It is capable of interfacing with any type of hardware, application, or cloud supplier and has the highest level of cyber-security. With it, organizations can reduce IT overhead, improve their performance, revolutionize customer experience and boost profits.
The company's business model is tailored to network Service Providers and Operators (xSPs) as value-add resellers (VARs) who deliver the solution to their end customers. BBT.live already has commercial agreements in place with local and global SPs (Cellcom, Sharaf DG, and DIENS), as well as a business partnership with ADVANTECH, one of the world's leading hardware manufacturers who has already integrated BBT.live's solution directly into its products.
The company is led by senior members of the telecommunications and cyber-security industry, including Professor David Hay, Head of the Cyber Security Center at The Hebrew University, who held key positions at CISCO and IBM, and Brigadier General (Res.) Danny Harari, former commander of the elite Intelligence Unit 8200, serving as an Executive Director. In addition, the company employs a score of highly skilled developers with a strong background in the technology and intelligence industry, as well as managers with proven track records in leading corporations in Israel's hi-tech sector.
Founder and CEO Moshe Levinson: "In a global market that is becoming increasingly dispersed—with companies operating across multiple branches and offices, and thousands of employees working from home—fast, stable, and secure network communications have never been more crucial. Our technology was built by world-renowned experts in cyber-security, network communications and AI. We have created a single, simple-to-use platform that is both flexible and secure. It is designed to relieve Service Providers of the need to manage multiple suppliers and free them from the dependency on large IT teams. Instead, we provide them with swift networking solutions and an optimal user experience for any business application or service".
The recent funding will be put towards expanding the company's sales and marketing efforts around the world, continuing technological development and recruiting top talent.
About BBT.live
BBT.live (Be BroadBand Technologies) develops software products and services based on SD-WAN technology for the implementation of secure communication networks between branches, remote employees and their management centers. The company's software solutions are optimal for Network Service Providers and Operators serving SME/Bs. BBT.live has clients in Israel and around the world, most notably from the public and telecommunications sectors. Founded in May 2020, with support from the Israel Innovation Authority, the company currently has 20 employees, most of whom are engineers, and is in the process of rapid expansion.
Contact: Rubi Alfi-Nissan
rubi@grow-pr.co.il
+972 (0)542554594
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SOURCE BBT.live | https://www.kxii.com/prnewswire/2022/06/16/bbtlive-raises-68-million-complete-cloud-based-software-defined-networks-suite-that-enables-better-connectivity-security-across-board-service-providers/ | 2022-06-16T16:34:22Z |
HUMBLE, Texas, July 11, 2022 /PRNewswire/ -- Third Coast Bancshares, Inc. Inc. (Nasdaq: TCBX) (the "Company" or "Third Coast"), the bank holding company for Third Coast Bank, SSB, announced today that it extended its offer to holders of $82,250,000 in aggregate principal amount of its 5.500% Fixed-to-Floating Rate Subordinated Notes due 2032 (the "Old Notes"), issued March 31, 2022 to exchange the Old Notes for a like principal amount of notes with identical terms other than that such new notes have been registered under the Securities Act of 1933, as amended.
The exchange offer, which had been scheduled to expire on July 8, 2022 at 5:00 p.m., New York City time, will now expire at 5:00 p.m., New York City time, on July 18, 2022, unless further extended by Third Coast. All other terms, provisions and conditions of the exchange offer will remain in full force and effect. UMB Bank, N.A. is serving as exchange agent for the exchange offer.
Third Coast said it has been informed by the exchange agent that, as of July 8, 2022 at 5:00 p.m., New York City time, $79,500,000 in aggregate principal amount of the Old Notes had been tendered in the exchange offer. This amount represents approximately 96.7% of the Old Notes.
This press release is for informational purposes only and does not constitute an offer to sell or the solicitation to buy any securities, nor shall there be any sale 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 indebtedness evidenced by the notes is not a deposit and is not insured by the Federal Deposit Insurance Corporation or any other government agency or fund.
About Third Coast Bancshares, Inc.
Third Coast Bancshares, Inc. is a commercially focused, Texas-based bank holding company operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through its wholly owned subsidiary, Third Coast Bank, SSB. Founded in 2008 in Humble, Texas, Third Coast Bank, SSB conducts banking operations through 14 branches and one loan production office encompassing the four largest metropolitan areas in Texas. For more information, please visit www.tcbssb.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect Third Coast's current views with respect to, among other things, future events, its financial performance and the use of proceeds from the offering. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "could," "predict," "potential," "believe," "will likely result," "expect," "continue," "will," "anticipate," "seek," "estimate," "intend," "plan," "projection," "would" and "outlook," or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. These forward-looking statements are not historical facts, and are based on current expectations, estimates and projections about Third Coast's industry, management's beliefs and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond our control. Accordingly, Third Coast cautions you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although Third Coast believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. For a discussion of factors that could cause Third Coast's actual results to differ materially from those described in the forward-looking statements, please see the risk factors discussed in its Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the "SEC") on March 17, 2022, and Third Coast's other filings with the SEC. Any forward-looking statement speaks only as of the date on which it is made, and Third Coast does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
Contact:
Ken Dennard / Natalie Hairston
Dennard Lascar Investor Relations
(713) 529-6600
TCBX@dennardlascar.com
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SOURCE Third Coast Bancshares | https://www.wibw.com/prnewswire/2022/07/11/third-coast-bancshares-announces-extension-exchange-offer/ | 2022-07-11T13:10:16Z |
Experts say private industry unionization efforts being fueled by demand for labor, question how long the movement will last
WASHINGTON (Gray DC) - From Starbucks, to Chipotle, to Apple -- front-line employees at some of America’s best-known companies are trying to form unions.
Demands for higher pay, stronger benefits, and better working conditions have drawn praise from some of the fiercest pro-union lawmakers.
Senator Sherrod Brown (D-Ohio) told reporters while meeting with Ohio Starbucks employees in July who were attempting to unionize, “This generation of Lou and her colleagues are the most active pro-union, pro-worker generation i’ve seen in my lifetime. They understand that if they are organized into a union, carrying a union card means better wages, better benefits, more control over your work schedule, balancing your life with work. That’s everything in people’s lives.”
Data from the Bureau of Labor Statistics shows that nearly 34% of public sector employees were part of a union in 2021, that’s compared to just over six percent of private-sector union employees.
Georgetown University history professor Joe McCartin, who studies and writes extensively about U.S. labor history, said this year’s uptick in private-sector unionization efforts is being led by younger employees who worked through the pandemic, and now feel the economy is offering them fallback options if challenging their employers through unionization efforts doesn’t work out.
“I think labor union strength and influence had been waning for many years. This is a moment of opportunity for unions to show that they can be relevant to young workers,” McCartin said. “I think that we haven’t seen anything like this, in the private sector, in a very long time.”
McCartin also said he’s not yet sure whether this year’s efforts are part of a new trend.
In contrast, Peter St Onge, an economist with the conservative Heritage Foundation, said he expects and hopes this year’s uptick is just a blip.
St Onge said, “Most economists now expect a recession next year, so I expect this kind of movement will lose interest if workers don’t feel quite so confident that they can just pull into any parking lot and get a job on the spot.”
The Bureau of Labor Statistics shows that union employees made more money than non-union employees last year. Meanwhile, overall union participation since 1983 has declined from 20.1 perfect of the workforce to 10.8 percent in 2021.
Copyright 2022 Gray DC. All rights reserved. | https://www.wibw.com/2022/09/05/experts-say-private-industry-unionization-efforts-being-fueled-by-demand-labor-question-how-long-movement-will-last/ | 2022-09-05T05:51:37Z |
Ambassador will call on countries to strengthen efforts against leprosy in meetings with delegations attending WHA
TOKYO, May 22, 2022 /PRNewswire/ -- WHO Goodwill Ambassador for Leprosy Elimination Yohei Sasakawa arrives in Geneva, Switzerland on May 23 for the 75th World Health Assembly, where he will call for renewed efforts against leprosy that have been disrupted by the impact of the COVID-19 pandemic.
At the opening of the assembly on May 22, he was presented in his absence with the WHO Director-General's Award for Global Health in recognition of his contribution to advancing global health. In a short video message, Sasakawa expressed his gratitude for the prestigious award and invited delegates to join him on the last mile to end leprosy.
During his stay in Geneva, Sasakawa will be meeting with delegations from 18 countries, including those from India, Brazil, Indonesia, the Democratic Republic of Congo, Bangladesh and Ethiopia that are among the WHO's 23 priority countries for leprosy, to encourage their further efforts against the disease and the discrimination it causes. (See list of the scheduled meetings below.)
Sasakawa, who is the chairman of The Nippon Foundation, has been a regular visitor to the World Health Assembly in his capacity as WHO Goodwill Ambassador, but this will be his first participation since 2018.
Due to the spread of the novel coronavirus, activities against leprosy in many countries have had to be scaled back. This has led to delays in detection and treatment of new cases, reflected in a 37% year-on-year decrease in new cases globally in 2020. If treatment is delayed, leprosy can cause progressive disability, and there are concerns that the number of patients with disabilities will increase in the future because of the disruption to leprosy services caused by the pandemic.
The COVID-19 pandemic has also dealt a serious economic blow to individuals and communities of persons affected by leprosy, many of whom were already in a vulnerable position.
In light of the situation, Sasakawa initiated a "Don't forget leprosy" campaign in August 2021 to send the message that leprosy and those affected by the disease must not be overlooked even amid the COVID pandemic. The campaign was scheduled to run until the end this month, but has been extended for another year due to the ongoing impact of the pandemic.
Scheduled meetings
Asia and Oceania: Bangladesh, India, Indonesia, Kiribati, Marshall Islands, Micronesia, Myanmar, Nepal
Africa: Angola, Comoros, Cote d'Ivoire, Democratic Republic of Congo, Ethiopia, Mozambique, Nigeria, Somalia, South Sudan
Latin America: Brazil
About WHO Goodwill Ambassador Yohei Sasakawa
Since his appointment as WHO Goodwill Ambassador Leprosy Elimination in 2001, Nippon Foundation Chairman Yohei Sasakawa has intensified his work for a world without leprosy and problems associated with the disease. He likens leprosy work to the two wheels of a motorcycle -- the front wheel represents efforts to eliminate the disease and the rear wheel efforts to end discrimination. Both wheels must turn at the same time if we are to make progress toward a leprosy-free world. A frequent visitor to leprosy-endemic countries, he attaches importance to field visits because he believes solutions are to be found alongside problems. Over the past two decades he has traveled to over 100 countries, where he meets with leaders to seek their political commitment to leprosy elimination and makes a point of talking directly with persons affected by leprosy to learn about their lives and familiarize himself with their concerns.
About Sasakawa Leprosy (Hansen's Disease) Initiative
The Initiative (https://sasakawaleprosyinitiative.org/) is a strategic alliance between WHO Goodwill Ambassador for Leprosy Elimination Yohei Sasakawa (https://www.nippon-foundation.or.jp/en/who/message/profile), The Nippon Foundation (https://www.nippon-foundation.or.jp/en) and Sasakawa Health Foundation (https://www.shf.or.jp/en) for achieving a world without leprosy and problems related to the disease. Since 1975, The Nippon Foundation and Sasakawa Health Foundation have supported the national leprosy programs of endemic countries through the WHO, with support totaling some US$200 million to date. In cooperation with the Japanese government and other partners, the foundations have played an important role in advocating with the United Nations, helping to secure a 2010 UN General Assembly resolution on elimination of discrimination against persons affected by leprosy and their family members and the appointment of a UN Special Rapporteur on leprosy by the UN Human Rights Council in 2017.
About Leprosy
Leprosy, also known as Hansen's disease, is an infectious disease that mainly affects the skin and peripheral nerves. Prior to the COVID-19 pandemic, around 200,000 cases were newly reported each year. Leprosy is curable with multidrug therapy, but left untreated can result in permanent disability. An estimated 3 to 4 million people in the world today are thought to be living with some form of disability as a result of leprosy. Although completely curable, many myths and misunderstandings surround the disease. In various parts of the world, patients, those who have been treated and cured, and even their family members continue to be stigmatized. The discrimination they face limits their opportunities for education, employment and full participation in society.
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SOURCE Sasakawa Leprosy (Hansen's Disease) Initiative | https://www.mysuncoast.com/prnewswire/2022/05/22/who-goodwill-ambassador-leprosy-elimination-recognized-with-who-director-generals-award-global-health-75th-world-health-assembly/ | 2022-05-22T16:27:39Z |
WASHINGTON, July 15, 2022 /PRNewswire/ -- Evolent Health, Inc. (NYSE: EVH), a health care company that delivers proven clinical and administrative solutions to payers and providers, today announced it will release its second quarter 2022 operating results on Tuesday, August 2, 2022 after market close, with a conference call to follow at 5:00 p.m. Eastern Time.
Shareholders and interested participants may listen to a live broadcast of the conference call by dialing 855.940.9467 or 412.317.6034 for international callers and referencing the "Evolent Health call" 15 minutes prior to the call. An audio playback of the conference call will be available on Evolent's investor relations website, ir.evolenthealth.com, for 90 days after the call.
About Evolent Health
Evolent Health (NYSE: EVH) delivers proven clinical and administrative solutions that improve whole-person health while making health care simpler and more affordable. Our solutions encompass total cost of care management, specialty care management, and administrative simplification. Evolent serves a national base of leading payers and providers, is the first company to receive the National Committee for Quality Assurance's Population Health Program Accreditation and is consistently recognized as a top place to work in health care nationally. Learn more about how Evolent is changing the way health care is delivered by visiting evolenthealth.com.
Seth R. Frank
Vice President, Investor Relations
Evolent Health, Inc.
sfrank@evolenthealth.com
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SOURCE Evolent Health | https://www.mysuncoast.com/prnewswire/2022/07/15/evolent-health-inc-release-second-quarter-operating-results-host-conference-call-tuesday-august-2-2022/ | 2022-07-15T13:11:50Z |
BIARRITZ, France, Sept. 12, 2022 /PRNewswire/ -- Founded by Christophe Buée and Pierre-Nicolas Lebas in 2013 in France, Winback designs, manufactures, and distributes cutting-edge medical devices based on non-invasive technologies.
Winback has always been inspired by therapists and it led it to become the world leader of Tecartherapy in rehabilitation and pain management by re-inventing the use of currents to combine them with established therapeutic approaches such as manual therapy, cryotherapy and compression.
Praised worldwide by physiotherapists, 10 000 devices are used every day to perform treatments. The bottom line for Winback's success is: innovation thanks to R&D teams in France and South Korea, consumer-centricity and a powerful global community of experts activating the online & offline Winback Academy.
In 2021, Winback has reached a turnover of over 30 million dollars across the globe with 7 offices operating in 55 countries. The success story does not end there since Winback is now expanding its expertise in the Beauty market with the acquisition of Bloomea:
Bloomea's genesis started in France in 1999 with its patented innovation "Modeling Bloomea" initially developed for scars management post cosmetic surgeries. Officially launched in 2015, Bloomea with its "La Fontaine" device obtained the Pierantoni prize and the French Cosmetic Award in Hong Kong.
With such a growth rate, Bloomea is today a start-up of 20 people with an international footprint, developing a holistic range of devices including radio frequency technologies & skincare products for premium institutes. Long term partner with Winback, Bloomea is now joining the Group to pursue its strong growth serving world's best beauty brands and salons.
Contact: Arnaud Dutilh, Global marketing director at Winback, arnaud@winback.com
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SOURCE WINBACK | https://www.mysuncoast.com/prnewswire/2022/09/12/winback-world-leader-tecar-therapy-high-frequency-electrotherapy-physiotherapy-expands-its-expertise-beauty-market-with-acquisition-bloomea/ | 2022-09-12T12:05:01Z |
NEW YORK (AP) — Rents are starting to come down after spiking to record levels this past summer, but experts are uncertain if the slowdown will continue.
Christopher Mayer, professor of real estate at Columbia Business School, said people looking for an apartment now might have a better experience than they did in May or June.
“We’re not seeing rents go up as quickly, the rental market is softening a little bit,” he said.
The national median asking rent was up 14% in July over July the previous year, the smallest annual increase since November 2021, according to a new report from Redfin. While that percentage is still high, it has decreased from 15% in June and 16% in May.
Experts say the market could slow further toward the end of the year, but there’s still a lot of uncertainty.
“I would not be surprised if we get to 2023 before things really get back to normal,” said Brian Carberry, senior managing editor of Rent.com, an apartment search website owned by Redfin.
Much depends on where you live. Cities in Florida such as Boca Raton and West Palm Beach have seen rents decrease -0.1% and -0.5% respectively compared to last month. But according to Apartment List, rents in California coastal cities such as San Diego have continued to increase over the past year.
In Rochester, New York, rent was up 15.3% in August over the same month the previous year, according to data from Apartment List. An average two-bedroom apartment in the Rochester area was $1,318 in August, compared with $1,116 a year ago.
Bank of America CEO Brian Moynihan said high rents are a concern because they can account for a big chunk of a household’s take-home pay.
“Gas prices are coming back down, but rents are going up 10, 12, 15%. And rent can end up taking 40% of these households’ income,” Moynihan said in a recent Associated Press interview.
While things are looking a bit better for renters than a few months ago, it’s still a landlords’ market, Mayer said.
If your lease is up, staying put and negotiating with your landlord might be a better option than trying to move, at least until the rental market slows down further, said Paula Munger, assistant vice president for industry research and analysis at the National Apartment Association.
“When you renew your lease, you’re definitely not paying the same as someone new moving in,” Munger said. “If you can, stay in your apartment.”
A major reason for rent spikes has been increasing demand from people priced out of a booming housing market. That market is starting to slow, which could mean more people can afford to buy and won’t need to rent, but with interest rates rising, some may not want to take on mortgages.
“With inflation now all throughout the market, there’s not enough supply so the prices are going up,” Munger said. “That’s the downside for people, just not having enough options and choices for what they would like in a housing unit.”
That was the experience of Erika Tascon, a 22-year-old Los Angeles resident who was living with roommates but wanted to find an apartment with her boyfriend.
After visiting more than 10 units, the couple picked a 500-square-foot one-bedroom apartment in Beverly Hills where they pay $2,750 per month. The median rent for a one-bedroom in the area is $2,773, up 14% from last year, according to data from Zumper.
“I think landlords are taking advantage of tenants right now,” said Tascon, who is paying $200 more per month than for her previous apartment.
In Britni Eseller’s case, the high demand meant that she had to rush to fill out her application to beat the other 10 people who toured the apartment she wanted.
“Because everyone is in scarcity mode, you’re willing to find a place that might be somewhat affordable and you’re unfortunately okay with overlooking chipped floors or a broken appliance,” said Eseller, who lives in North Park, a neighborhood of San Diego.
Developers have ramped up construction of apartment buildings this year, which could eventually help to ease the crunch. But it’s likely to take a while before that’s reflected in the market.
Meanwhile, high rents are disproportionately hurting low-income residents across the country, said Ben Martin, research director of Texas Housers, a non-profit organization that works on housing justice.
In May, rental prices in Dallas and Fort Worth were up 21.6% from last year, according to Redfin data. In Austin they were up 48.4%. One major reason is that high-income people from coastal areas like California and New York moved to Texas during the coronavirus pandemic, when they realized they could work remotely and live more cheaply. In December of last year, for example, Tesla moved its headquarters from Silicon Valley to Austin.
“People who make the lowest incomes are paying more of their total pie of money,” Martin said. “Which means that they don’t have money for anything else: school supplies, groceries, gas, clothing, all of the essential stuff that you need to live.”
In addition to cutting basic expenses, renters are also cramming more people into apartments, Martin said.
Increasingly, people can’t afford their homes at all and are now facing eviction. Governments have ended eviction moratoriums and rental assistance programs that allowed people to stay in their homes during the pandemic.
The Eviction Lab, a research organization at Princeton University, is seeing record numbers of evictions that have surpassed pre-pandemic levels.
In Houston, where the eviction moratorium ended in July 2021, there were 7,242 eviction filings in July of this year, 51% above average, according to The Eviction Lab. Other cities such as Los Angeles have extended eviction moratoriums until the end of this year.
Tenants who can’t afford rent increases but also can’t afford to move are often forced to choose between paying rent and covering basic necessities. An eviction stays on a renter’s record, making it harder to find housing in the future.
“The threat of eviction is the looming problem,” said Nick Graetz, a postdoctoral research associate at The Eviction Lab. “Part of the reason renters sacrifice so many other things to try to pay unreasonable high rents every month is because of the constant threat of being evicted from their home.”
___
The Associated Press receives support from Charles Schwab Foundation for educational and explanatory reporting to improve financial literacy. The independent foundation is separate from Charles Schwab and Co. Inc. The AP is solely responsible for its journalism. | https://cw33.com/business/ap-business/ap-rents-are-starting-to-come-down-but-the-trend-may-not-hold/ | 2022-09-07T01:25:21Z |
Teen collapses during baseball practice, coaches save his life with CPR
KANSAS CITY, Mo. (KMBC/Gray News) – Coaches at a high school in Missouri jumped into action when a student-athlete collapsed during baseball practice.
It started out as a normal hitting practice when 17-year-old Davis Dwight was gearing up for the start of the fall season with Coach Nik Crouch.
But before the first swing, practice took a turn – Davis went into cardiac arrest and his coaches said they couldn’t feel a pulse.
Coach and former catcher for the Kansas City Royals Mike MacFarlane and Crouch began chest compressions right away.
“What we were trying to help him with for 12 minutes felt like an absolute eternity,” Crouch said.
Those 12 minutes saved his life.
“Other than seeing my children born, it was probably the most emotional day I’ve ever had,” MacFarlane said.
Davis spent nearly a week in the hospital – five of those days in the ICU. He has since been released from the hospital and one of his first stops was to thank his coaches.
“I turn the corner and I just see him. You see the face. It was an incredible moment to see him. He looked great. His smile, it just lit up my life heavily,” Crouch said.
It will take time before Davis can return to practice, but he is just thankful to be alive.
Copyright 2022 KMBC via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/17/teen-collapses-during-baseball-practice-coaches-save-his-life-with-cpr/ | 2022-08-17T19:38:37Z |
RED BANK, N.J., Sept. 2, 2022 /PRNewswire/ -- Provention Bio, Inc. (Nasdaq: PRVB) (the "Company"), a biopharmaceutical company dedicated to intercepting and preventing immune-mediated diseases, today announced that the Company granted stock options to two non-executive employees to purchase an aggregate of 38,000 shares of common stock. The stock options were granted without stockholder approval as inducements, material to the new non-executive employees entering into employment with the Company, pursuant to Nasdaq Listing Rule 5635(c)(4) and were approved by the Company's compensation committee of the board of directors.
The stock options were granted with a 10-year term and an exercise price equal to $4.51 the closing price per share of the Company's common stock as reported by Nasdaq on September 1st 2022. Each of the options will vest 25% on the one year anniversary of the grant date and 75% in equal monthly installments thereafter so that the grant is fully vested on the four year anniversary of the grant date, provided that the new employee continues to serve as an employee of, or other service provider to, the Company on each such vesting date. The stock options are subject to the terms of the Provention Bio, Inc. 2020 Inducement Plan, as amended.
About Provention Bio, Inc.:
Provention Bio, Inc. (Nasdaq: PRVB) is a biopharmaceutical company focused on advancing the development of investigational therapies that may intercept and prevent debilitating and life-threatening immune-mediated diseases. The Biologics License Application (BLA) for teplizumab, its lead investigational drug candidate, for the delay of progression to Stage 3 clinical type 1 diabetes in at-risk individuals has been filed by the U.S. Food and Drug Administration (FDA). The Company's pipeline includes additional clinical-stage product candidates that have demonstrated in pre-clinical or clinical studies proof-of-mechanism and/or proof-of-concept in other autoimmune diseases, including celiac disease and lupus. Visit www.ProventionBio.com for more information and follow us on Twitter: @ProventionBio.
Internet Posting of Information:
Provention Bio, Inc. uses its website, www.proventionbio.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation F.D. Such disclosures will be included on the Company's website in the "News" section. Accordingly, investors should monitor this portion of the Company's website, in addition to following its press releases, SEC filings and public conference calls and webcasts.
Investor Contact:
Robert Doody, VP, Investor Relations
rdoody@proventionbio.com
484-639-7235
Media Contact:
Kaelan Hollon, VP, Corporate Communications
khollon@proventionbio.com
202-421-4921
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SOURCE Provention Bio, Inc. | https://www.kxii.com/prnewswire/2022/09/02/provention-bio-announces-grant-inducement-awards/ | 2022-09-02T20:35:01Z |
RADNOR, Pa., Aug. 4, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Missfresh Limited ("Missfresh") (NASDAQ: MF). The action charges Missfresh with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Missfresh's materially misleading statements and omissions to the public, Missfresh investors have suffered significant losses.
CLICK HERE TO SUBMIT YOUR MISSFRESH LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/missfresh-limited?utm_source=PR&utm_medium=link&utm_campaign=missfreshx&mktm=r
TO VIEW OUR VIDEO, PLEASE CLICK HERE
LEAD PLAINTIFF DEADLINE: SEPTEMBER 12, 2022
CLASS PERIOD: PURSUANT AND/OR TRACEABLE TO MISSFRESH'S JUNE 2021 IPO THROUGH JULY 12, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. (484) 270-1453 or Toll Free (844) 887-9500 or Email at info@ktmc.com
Kessler Topaz is one of the world's foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
MISSFRESH'S ALLEGED MISCONDUCT
In June 2021, Missfresh conducted its initial public offering (IPO), selling 21 million American Depository Shares ("ADSs") at $13.00 per ADS.
On April 29, 2022, after trading hours, Missfresh filed a Notification of Late Filing on a Form 12b-25, which announced that Missfresh "will not be able to file its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 … by the prescribed filing deadline of April 30, 2022." Missfresh explained that "[t]he independent Audit Committee of [Missfresh]'s board of directors, with the assistance of professional advisors, is in the process of conducting an internal review of certain matters, including those relating to transactions between [Missfresh] and certain third-party enterprises." Following this news, Missfresh ADSs fell 13% to close at $0.448 per ADS on May 2, 2021, the next trading day.
Then, on May 24, 2022, after trading hours, Missfresh issued a press release entitled "Missfresh Announces Receipt of Nasdaq Notification Regarding Late Filing of Form 20-F" announcing "that it received a notification letter dated May 19, 2022 . . . from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq"), indicating that [Missfresh] is not in compliance with the requirements for continued listing." Following this news, Missfresh ADSs fell 9% over the next two trading days to close at $0.167 per ADS on May 26, 2021.
Finally, on July 1, 2022, Missfresh issued a press release entitled "Missfresh Announces the Substantial Completion of the Audit Committee-Led Independent Internal Review." In the press release, Missfresh disclosed that "certain revenue associated with these reporting periods in 2021 may have been inaccurately recorded in [Missfresh]'s financial statements." As of the date the complaint was filed, Missfresh ADSs closed at $0.389 per ADS, well below Missfresh's IPO price of $13.00 per ADS.
WHAT CAN I DO?
Missfresh investors may, no later than September 12, 2022seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages Missfresh investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE
WHO CAN BE A LEAD PLAINTIFF?
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
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SOURCE Kessler Topaz Meltzer & Check, LLP | https://www.wibw.com/prnewswire/2022/08/04/kessler-topaz-meltzer-amp-check-llp-announces-securities-fraud-class-action-lawsuit-filed-against-missfresh-limited/ | 2022-08-04T16:19:31Z |
New initiative led by state's tourism promotion organization
supported by coalition of tribes across California
PALM SPRINGS, Calif., Sept. 14, 2022 /PRNewswire/ -- State officials and tribal leaders joined Visit California in unveiling a new statewide initiative designed to showcase California's vibrant Native communities and cultural tourism experiences to travelers from around the world. The announcement was made today at the site of the future Agua Caliente Cultural Plaza in downtown Palm Springs.
"Visit California is honored to create a platform that showcases the rich cultural heritage of the Native Americans who have called this place home for thousands of years," Visit California President & CEO Caroline Beteta said. "We're committed to partnering with California's tribes and creating spaces to uplift and honor their voices, communities and cultures."
Home to more than 100 federally recognized tribes, California's Native culture is woven into the fabric of its communities. Visit Native California will be a vital source of information on all of the cultural tourism experiences visitors can find across the state — including museums and cultural centers, outdoor experiences like hiking and boating, restaurants, tasting rooms and so much more.
Visit Native California is funded by a federal grant awarded as part of the American Rescue Plan Act to help the communities hardest hit by the pandemic. The grant earmarks $1 million to increase awareness of and travel to the state's cultural heritage tourism experiences.
The funding will allow Visit California to create and share stories on the Visit Native California platform, which will be housed online at VisitCalifornia.com. Stories will celebrate the spirit and diversity of California's people and promote visitation to tribes' cultural heritage tourism experiences. The platform
Native storytellers will help expand the California Responsible Travel Code's emphasis on preserving the state's cultural heritage and natural resources, while bolstering the people who provide and promote Native experiences across the state.
"As the state with the highest population of Native Americans, and one of the nation's leading tourism destinations, California is poised to drastically boost national Native tourism promotion and interest with this undertaking," said Sherry Rupert, CEO of the American Indian Alaska Native Tourism Association. "We've seen the economic benefits that come from uniting under a common banner, but more importantly we see the power of cultural tourism to support preservation and perpetuation of our culture. This is a tremendous opportunity for California's tribes."
The site of the announcement at the Agua Caliente Cultural Plaza was a symbolic nod to what is expected to be a jewel in the crown of California's vast offerings of Native experiences. Expected to open in spring 2023, the plaza will feature the Agua Caliente Cultural Museum, the Spa at Séc-he and an outdoor Oasis Trail.
"The Agua Caliente people have been deeply dedicated to bringing California's tribal nations together to promote our shared history and a bright future that we're eager to share with our California family and visitors alike," Agua Caliente Band of Cahuilla Indians Chairman Reid D. Milanovich said. "Today marks a great new chapter for California."
Tribal leaders from across California joined statewide officials and national Native advocates in announcing the Visit Native California platform, and sharing with journalists a sampling of the state's vast array of offerings.
The Yurok Tribe in Northern California, for instance, maintains its territory in the majestic redwood forest and coastline, as well as the Klamath River. The tribe operates a busy Visitors Center in Klamath, and leads tours of the river in jet boats and dugout redwood canoes.
"A visit to Yurok Country awakens the senses, and you will feel at one with the river, ocean and forest," Yurok Vice Chairman Frankie Myers said. "There is no other place on Earth like it – and adventurers come to take in the majesty of this place and our ancient traditions. Visit Native California will make it possible to share the Yurok story with the world in ways never before possible."
Visit California is a nonprofit organization with a mission to develop and maintain marketing programs – in partnership with the state's travel industry – that keep California top-of-mind as a premier travel destination. For more information about Visit California and for a free California Official State Visitor's Guide, go to visitcalifornia.com. For story ideas, media information, downloadable images, video and more, go to media.visitcalifornia.com.
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SOURCE Visit California | https://www.wibw.com/prnewswire/2022/09/14/visit-native-california-platform-will-inspire-travelers-discover-wonders-golden-states-native-lands-cultural-heritage-experiences/ | 2022-09-14T18:02:40Z |
NEW YORK, July 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for VZ, MU, ROKU, ISRG, and ETSY.
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InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/07/22/thinking-about-trading-options-or-stock-verizon-micron-roku-intuitive-surgical-or-etsy/ | 2022-07-22T16:01:24Z |
STAUNTON, Va., Aug. 22, 2022 /PRNewswire/ -- Mary Baldwin University (MBU) President Pamela Fox announced today she will retire as the university's ninth president on June 30, 2023, after two decades of trailblazing vision and action.
"With humility, I have been extraordinarily honored to lead and serve alongside each of you," Fox said. "We have worked together with shared commitment to maintain our momentum with devotion to the mission, legacy, and promising future of MBU."
Fox's retirement was formally announced during MBU's annual State of the University address.
Her history-making presidential tenure is the longest since MBU became a four-year college in 1923 — and one of the most transformational in the university's 181-year history:
- Envisioned and opened the Murphy Deming College of Health Sciences in 2014, offering the institution's first doctoral degrees and expanding onto a branch campus with a new, state-of-the-art facility that has spurred significant economic development.
- Added more than 30 new career-focused degrees or programs in areas like nursing, business, health sciences, social work, and autism studies.
- Oversaw record enrollment against a backdrop of daunting admission trends for private institutions.
- Cultivated diversity, equity, and inclusion, including creating a social justice coalition, naming a chief diversity officer, expanding the Office of Inclusive Excellence, and increasing residential campus enrollment to more than 50% students of color.
- Spearheaded two of the largest fundraising campaigns in MBU history.
- Oversaw major campus improvements, including extensive renovations to Pearce Science Center and the Alumnae House, construction of SMA Worth Field to support rapidly growing athletic programs, and launching a new Center for Student Success.
- Created the Samuel and Ava Spencer Center for Civic and Global Engagement in 2007 to emphasize the importance of service learning and enrich student opportunities for local and global engagement.
- Brought to Mary Baldwin — and Staunton — the Heifetz International Music Institute, a famed summer training program for exceptional young string musicians.
"It takes a leader with the most extraordinary qualities to guide an institution through such times and remain true to its mission," said former MBU Board of Trustees chair Jane Harding Miller '76. "Pamela has been such a leader, and while the Mary Baldwin of today looks quite different from that of 20 years ago, she has safeguarded its mission and spirit."
Fox's presidency elevated the prestige and recognition of MBU and Staunton, and has included significant service, including appointments to the boards for the American Shakespeare Center, Frontier Culture Museum, and Woodrow Wilson Presidential Library. She is a member of Rotary International; the Greater Augusta Regional Chamber of Commerce named Fox its 2012 Citizen of the Year.
Fox is also regarded for her advocacy work in higher education, including service and leadership on the board of directors for the National Association of Independent Colleges and Universities, American Council on Education, Council of Independent Colleges in Virginia, USA South Athletic Conference, and Virginia Foundation of Independent Colleges.
Today MBU announced nearly $7.5 million in new gifts from the Fox Futures Initiative, a special fundraising effort to honor her legacy.
"Pamela Fox has led Mary Baldwin through one of the most transformative and sustained periods of growth and evolution in our history," said MBU Board of Trustees chair Gabrielle G. "Gabby" McCree '83.
Founded in 1842, Mary Baldwin University is a small, private university with a broad range of undergraduate and graduate degree programs. It serves a diverse student population on its Shenandoah Valley main campus, neighboring health sciences campus, and online.
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SOURCE Mary Baldwin University | https://www.wibw.com/prnewswire/2022/08/22/trailblazing-mary-baldwin-president-pamela-r-fox-announces-retirement-after-20-years-dedicated-service/ | 2022-08-22T19:16:38Z |
23 Achieve Hall of Fame Distinction, Receiving Award for Five Consecutive Years
CHICAGO, July 21, 2022 /PRNewswire/ -- Encore RV resorts and Thousand Trails campgrounds, which provide vacationers the opportunity to enjoy the outdoors in top camping and RV resort destinations around the country, announced that 63 of their properties received the 2022 Tripadvisor® Travelers' Choice award. This year, six winners received the award for the first time, including Thousand Trails' newest location, Blue Mesa Recreational Ranch in Colorado. The remaining 57 properties are multi-year recipients, including 23 properties that are Tripadvisor Hall of Fame winners after receiving the prestigious award for at least five consecutive years. 2022 Hall of Fame inductees include popular locations like Narrows Too in Maine, Spring Gulch in Pennsylvania, and Arizona ARVC's 2022 Large Park of the Year winner, Verde Valley. Cementing their Hall of Fame status, the Rancho Oso and Orlando RV Resort locations continued an incredible streak of eight consecutive years with the Tripadvisor recognition.
Tripadvisor collects the customer reviews, ratings, and saves shared by travelers across the globe and uses the information to spotlight the very best destinations with the Travelers' Choice award. Only about 10% of businesses listed on Tripadvisor receive a Travelers' Choice award.
"We value the customer experience at our RV resorts and campgrounds and having 63 of our properties recognized with the Tripadvisor Travelers' Choice award, along with 23 achieving or maintaining Hall of Fame status, illustrates the customer experience we strive to deliver on a daily basis," said Pat Zamora, vice president of marketing for Encore and Thousand Trails. "These awards acknowledge the efforts of our property teams to help our guests create lasting memories with friends and family across our portfolio."
Guests can visit RVontheGo.com to book RV sites, tent sites, and a range of unique accommodations including yurts, cabins, cottages and even tiny houses, with a variety of features and amenities to complement every vacation. Providing a positive customer experience where guests feel at ease about their vacation choice is a goal across the more than 200 RV resorts and campgrounds in the portfolio.
To qualify for the Travelers' Choice award, a business must maintain an overall Tripadvisor bubble rating of at least four out of five, have received a minimum number of reviews in the 12-month period in which the data was analyzed, and been listed on Tripadvisor for at least one year.
Encore RV resorts and Thousand Trails campgrounds are part of a network of more than 200 RV resorts and campgrounds across North America comprising more than 80,000 sites. Encore, Thousand Trails, and their affiliates offer RV and outdoor recreation enthusiasts opportunities to enjoy the outdoors in top vacation destinations, complemented with resort-style amenities. For more information, please visit RVontheGo.com.
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SOURCE Encore and Thousand Trails | https://www.kxii.com/prnewswire/2022/07/21/63-encore-rv-resorts-thousand-trails-campgrounds-earn-2022-tripadvisor-travelers-choice-award/ | 2022-07-21T15:52:44Z |
Solution Promotes Automation and Reduces Stipulations, Manual Reviews, and Defaults
SAN DIEGO, Aug. 2, 2022 /PRNewswire/ -- Point Predictive, the San Diego-based company that provides artificial intelligence solutions to lenders, today launched its newest product, AutoPass™, which allows auto lenders to make approve or decline decisions on a loan application based solely on the likelihood of fraud or material misrepresentation that would lead to default. AutoPass customers can expect to automate 30% to 70% of application decisions while reducing defaults due to fraud by 40% to 60%. Streamlining low-risk applications provides for faster funding, reduced origination cost, and an improved experience for both borrowers and dealers.
"Having the ability to auto-decision both low-risk and high-risk auto loan applications helps our customers reduce the cost of loan origination as well as decrease losses due to fraud, which leads directly to increased profits," said Tim Grace, Co-Founder and CEO of Point Predictive. "AutoPass is a huge step forward in increasing automation, improving loan pull-through and cost-effectively rooting out fraud and misrepresentation. It enables auto lenders to leverage technology and AI to make better, streamlined decisions and reduce costs to fund a more profitable portfolio of loans."
AutoPass leverages the depth and breadth of the Point Predictive data consortium and is purpose-built for risk management and loan application decision automation. The data consortium is built using information from more than 120 million auto lending applications and provides unparalleled insight into the hidden risk of fraud and default. It includes more than 12 billion risk attributes and data from applications associated with more than $4.5 billion in confirmed early payment default. This data enables the evaluation of historical fraud risk patterns more deeply and broadly than any competitive solution from a credit bureau or public records source.
AutoPass accurately identifies low-risk applicants for streamlined processing, favorable pricing, and other credit terms or credit-based incentives (such as a reduction in down payment requirements). It can also be used in conjunction with credit scores to refine credit strategies.
Point Predictive invites any lenders who wish to explore AutoPass to contact info@pointpredictive.com.
Point Predictive enables lenders to fund more loans simply with a unique combination of Artificial and Natural Intelligence [Ai+Ni] to power machine learning technology solutions. Point Predictive helps automotive, mortgage, retail and personal loan finance companies to identify the consumer applications with truthful and reliable information without the intense interrogation and verification of data caused by lower tech solutions currently in use. Highly regarded as the most trusted fraud and misrepresentation analytic solution providers, Point Predictive has transformed that trust to enable lenders to fund more loans to more consumers simply. Point Predictive uses big data powerfully orchestrated from millions of examples of true and falsified loan applications, billions of derived proprietary data elements, and scientifically selected 3rd party data sources to build powerful machine learning models with the added natural intelligence of human experience. Located in San Diego, California, more information about Point Predictive can be found at www.pointpredictive.com.
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SOURCE Point Predictive | https://www.wibw.com/prnewswire/2022/08/02/point-predictive-launches-autopass-an-fcra-compliant-scoring-solution-empowering-auto-lenders-decision-price-loan-applications-based-risk-fraud-early-payment-default/ | 2022-08-02T15:31:40Z |
Tennessee governor signs collegiate transgender athlete ban
By KIMBERLEE KRUESI
Associated Press
NASHVILLE, Tenn. (AP) — Republican Gov. Bill Lee has signed off on legislation banning transgender athletes from participating in female college sports. While Lee did not issue a comment explaining why he signed the legislation on Friday, the Republican has previously declared that allowing transgender athletes to participate in female sports would “destroy women’s sports.” The bill will go into effect July 1. According to the Human Rights Campaign, Tennessee is one of eight states that have passed anti-transgender sports bills. Those include Arizona, Georgia, Iowa, Kentucky, Oklahoma, South Dakota and Utah. Last year, no other state enacted more laws targeting transgender people than Tennessee. | https://localnews8.com/sports/ap-national-sports/2022/05/06/tennessee-governor-signs-collegiate-transgender-athlete-ban/ | 2022-05-06T21:20:57Z |
In Ukraine, funeral for activist killed and mourned in war
KYIV, Ukraine (AP) — Poppies, the blood-red flowers that cover the battlefields of Europe’s two world wars, were lain in mourning Saturday on the coffin of yet another dead soldier, this one killed in yet another European war, in Ukraine.
The hundreds of mourners for Roman Ratushnyi, 24, included friends who had protested with him during months of demonstrations that toppled Ukraine’s pro-Russia leader in 2014 and who, like him, took up arms when Moscow launched its full-scale invasion of its neighbor this February.
The arc of his shortened life symbolized that of Ukraine’s post-independence generations that are sacrificing their best years in the cause of freedom. First, with defiance and dozens of lives against brutal riot police during Ukraine’s Maidan protests of 2013-2014 and now with weapons and even more lives against Russian troops.
“Heroes never die!” friends, family and admirers shouted in Ukrainian as Ratushnyi’s coffin was loaded aboard a hearse on a square in the Ukrainian capital now decorated with destroyed Russian tanks and vehicles. Their charred hulks contrasted with the shiny gold domes of an adjacent cathedral where priests had earlier sung prayers for Ratushnyi, who was well-known in Kyiv for his civic and environmental activism.
From the square, the hundreds of mourners then walked in a silent column behind his coffin to Maidan Nezalezhnosti, or Independence Square. The vast plaza in central Kyiv gave its name to the three months of protests that overthrew then-President Viktor Yanukovych in 2014 and which helped fuel the political and patriotic awakening of Ukrainians born after independence in 1991.
Ratushnyi had “a heart full of love for Ukraine,” said Misha Reva, who traveled in his soldier’s uniform from the war’s front lines by overnight train to say goodbye to the friend he met for the first time on Maidan, in the midst of the protests. Ratushnyi was then just 16; Reva was in his early 20s. It was Ratushnyi who introduced Reva to the woman who is now his wife, also on the square.
During the protests where riot police used batons and eventually bullets with abandon, the two friends sheltered together for one night in St. Michael’s, the cathedral where the memorial service for Ratushnyi was held Saturday morning. Poppies and a traditional loaf of bread were placed on his coffin covered with Ukraine’s blue and yellow flag.
Reva said he and Ratushnyi signed up to fight on the very first day of the Russian invasion on Feb. 24. After taking part in the defense of Kyiv in the invasion’s opening weeks, Ratushnyi then joined an army brigade, doing military intelligence work, Reva said. He was killed June 9 around the town of Izyum on the war’s eastern front, according to the environmental campaign group that Ratushnyi led in Kyiv. He fought for the preservation from development of a wooded park where people ski in winter.
“He was such a solid and big personality,” Reva said. “It’s a great loss for Ukraine.”
During the commemorations for Ratushnyi, air raid alarms sounded. They’re daily occurrences in Kyiv, which is now relatively peaceful, but reminders of the war raging to the east and south. Other reminders were the dozens of soldiers, some holding flowers, among the mourners. Some draped yellow and blue flags over their shoulders.
“He was a symbol, a symbol of a new Ukraine, of freedom and a new generation that wants to fight for its rights,” said Serhli Sasyn, 21.
The “best people are dying now,” he added.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/18/ukraine-funeral-activist-killed-mourned-war/ | 2022-06-18T15:20:47Z |
The partnership leverages both companies' extensive expertise in data-driven digital transformation
WARREN, N.J., April 25, 2022 /PRNewswire/ -- Mindtree, a global technology services and digital transformation company, and Sapiens International Corporation (NASDAQ: SPNS) and (TASE: SPNS), a leading global provider of software solutions for the insurance, banking and financial services industries, today announced a partnership to help insurance companies drive digital transformation.
The combination of Sapiens' industry-leading, cloud-native, core suite of banking and insurance applications, and Mindtree's deep domain knowledge and expansive delivery capabilities will enable insurance companies to increase scale, speed-to-market, and customer satisfaction as they embrace digital. Initially designed to support insurance system implementations, the partnership will first focus on North America and subsequently grow into Europe and Asia.
"We are delighted to partner with Mindtree in the Property & Casualty and Life & Annuity insurance markets. Our collective insurance industry and digital transformation experience will further strengthen our delivery capabilities and scale, which will drive continued growth and customer satisfaction," said Jamie Yoder, North America President and General Manager at Sapiens. "Together, we will power insurers with the competitive edge to meet market demands and succeed in the digital age of insurance."
"Our partnership with Sapiens emphasizes our longstanding commitment to innovation," said Mukund Rao, Chief Business Officer for Banking, Financial Services and Insurance at Mindtree. "Digital technologies have unlocked a significant opportunity for banking, financial services, and insurance companies to not just streamline processes, but also drive new business and operating models centered on engaging and disruptive experiences. The combined strengths of Mindtree and Sapiens will enable these companies to maximize digital transformation and business outcomes."
Sapiens' full set of offerings for P&C, L&A and banking empowers customers to improve operational efficiency, expand revenue streams, and increase customer engagement and satisfaction using digital and omni-channel experiences. Sapiens CoreSuite enables P&C insurers to rapidly deploy core systems on the cloud, including business intelligence, reinsurance and portal solutions for all lines of business.
By combining Sapiens' knowledge acquired through years of customer engagements around the world with Mindtree's industry-leading, digital-first implementation processes and global scale, the two companies will help customers lower risk and speed up implementations and integrations.
About Sapiens
Sapiens International Corporation (NASDAQ: SPNS) and (TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Backed by more than 40 years of industry expertise, Sapiens offers a complete insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers' digital transformation. Serving over 600 customers in 30 countries, Sapiens offers insurers across property and casualty, workers compensation and life markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. For more information visit www.sapiens.com or follow us on LinkedIn.
About Mindtree
Mindtree (NSE: MINDTREE) is a global technology consulting and services company that enables enterprises across industries to drive superior competitive advantage, customer experiences and business outcomes by harnessing digital and cloud technologies. A digital transformation partner to more than 275 of the world's most pioneering enterprises, Mindtree brings extensive domain, technology and consulting expertise to help reimagine business models, accelerate innovation and maximize growth. As a socially and environmentally responsible business, Mindtree is focused on growth as well as sustainability in building long-term stakeholder value. Powered by more than 35,000 talented and entrepreneurial professionals across 24 countries, Mindtree — a Larsen & Toubro Group company — is consistently recognized among the best places to work. For more, please visit www.mindtree.com or @Mindtree_Ltd.
For more information, contact: media@mindtree.com.
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SOURCE Mindtree | https://www.mysuncoast.com/prnewswire/2022/04/25/mindtree-sapiens-announce-partnership-digitally-transform-insurance-industry/ | 2022-04-25T10:27:33Z |
Topeka Family and Friends Juneteenth Incorporated celebrate ahead of holiday
TOPEKA, Kan. (WIBW) - Many community members came together Saturday afternoon to celebrate the freedom of the emancipation of enslaved African Americans.
Sherri Camp with Topeka Family and Friends Juneteenth Celebration incorporated says she views this holiday a little differently.
“Now we’re all celebrating this accomplishment. Not only are we coming together as a community but we’re coming together with the history of our people and celebrating what all that means,” Camp says.
13 News talked with Cindy White who echoed the same message as Camp. She says it means a lot to her as well.
“Just to see the culmination of our work, it’s just awesome to see people coming together,” White said.
She told 13 News, community members had access to free COVID-19 testing, along with vaccines. The event also had a Miss Juneteenth pageant, a parade and other activities within the park.
13 News talked with guest speaker Phelica Glass, who shared the message that you’re not alone and there needs to be unity between one another.
“Oftentimes we’re struggling and bound up with the life that we’re experiencing and so why not talk to the people about being okay with not being okay? That’s freedom, that’s freedom to express yourself to be able to tell people, I’m not okay. I need you, I need support or I need extra services you can’t provide. So, why not a perfect time to reach out to the community and talk to them about the mental health needs,” Glass said.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/19/topeka-family-friends-juneteenth-incorporated-celebrate-ahead-holiday/ | 2022-06-19T04:02:24Z |
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Verrica Pharmaceuticals, Inc. ("Verrica" or the "Company") (NASDAQ: VRCA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Verrica investors who were adversely affected by alleged securities fraud between May 28, 2021 and May 24, 2022. Follow the link below to get more information and be contacted by a member of our team:
VRCA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) 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.
WHAT'S NEXT? If you suffered a loss in Verrica during the relevant time frame, you have until August 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/06/30/vrca-lawsuit-alert-levi-amp-korsinsky-notifies-verrica-pharmaceuticals-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-30T11:14:19Z |
EMERALD ISLE, N.C., Aug. 17, 2022 /PRNewswire/ -- Business North Carolina is pleased to announce the 2022 North Carolina Best Employers annual list. TransImpact once again earned a place in the large company division.
"Today employers are appropriately being challenged to up their game," said Berkley Stafford, TransImpact CEO. "I'm grateful to our leadership team and our employees for working together to elevate TransImpact as a positive career destination for talented people."
To determine winners, Business North Carolina partnered with marketing research firm, DataJoe (www.datajoe.com), who conducts Best Employer campaigns on behalf of publishers across the nation. Employee surveys were distributed to all companies that applied, covering issues such as organization health, engagement, leadership, work – life balance, training, pay, benefits, and corporate social responsibility. Using DataJoe's proprietary algorithm, surveys were analyzed to determine the winning companies.
"Our Best Employers Program is tremendously important to our magazine. We know that those who are honored contribute greatly to North Carolina and our economy," said Ben Kinney, publisher of Business North Carolina. "The participation in this program continues to grow."
An awards gala will conclude this year's program on Thursday, October 20th at Grandover Resort in Greensboro.
ABOUT Business North Carolina magazine: We cover one very special place, this state, and its economy, which is as diverse as the people who call it home. We produce quality, in-depth journalism, digging behind the scenes, producing stories and information that is current, thorough, and enlightens and entertains our readers. In the boardroom or on the factory floor, we seek to show not only trends and events but the human face of commerce. Business North Carolina magazine delivers qualified business owners, C-level and top senior executives at your fingertips.
TransImpact saves companies money by taking cost out of the supply chain. Recognized for our parcel contract negotiation expertise, we have the best decision intelligence technology and the most experienced team to negotiate the strongest parcel discounts available. Our demand planning platform provides an industry leading 255 forecast models that give clients the optimum option for inventory management. We tie it all together with the most advanced business intelligence platform that delivers superior decision-making ability for overall margin improvement. With the combination of highly intelligent decision-support technology and the market expertise of our people, we are relentless in driving bottom-line impact and turning our clients into raving fans. TransImpact.com
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SOURCE TransImpact | https://www.mysuncoast.com/prnewswire/2022/08/17/transimpact-named-2022-best-employers-list-by-business-north-carolina/ | 2022-08-17T18:18:03Z |
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