text stringlengths 102 99.6k | url stringlengths 31 426 | crawl_date timestamp[us, tz=UTC]date 2022-04-01 00:29:49 2022-09-19 04:34:15 |
|---|---|---|
6th-graders ‘traumatized’ after anti-abortion video shown in class, parents say
LAS VEGAS (KVVU/Gray News) - Parents of middle school students in Nevada are outraged after they said their students’ teacher showed an anti-abortion video in her classroom that featured a dramatized reenactment of the abortion procedure.
Sixth-graders told their parents that their teacher showed them the disturbing content in their reading class at Thurman White Academy of the Performing Arts, a magnet school in Henderson.
The parents said that their students “are now traumatized,” so they are reaching out to Clark County School District employees, demanding answers, KVVU reports.
The YouTube video parents referred to showed a group of young performers in a faith-based performance group on stage, pretending to be an unborn fetus. At one point, the performers writhed and screamed in pain while pretending to be terminated by a doctor.
“He’s just so stressed and upset and uptight about it,” said Haleigh Isbill, one of the parents of a 12-year-old student. “He was so bothered that, like, he doesn’t even want to be in the same room when we talked about what happened.”
Isbill said “she cannot express just how upset she is” because she said the content was inappropriate for the classroom.
“It’s not an indictment on her beliefs even. It’s ‘don’t show that to our babies.’ That’s inappropriate for public school,” Isbill said.
On Monday, parents said the video was so disturbing, it would have even required a trigger warning for adults.
In an email to the teacher, Isbill wrote, “As a parent of a child in your care, I was horrified to find out that you are showing him videos about your religious and political anti-choice agenda.”
Thurman White mother Elaine Edmiston said her 12-year-old told her about it as soon as they got in the car when she picked them up from school Thursday.
“They talked about this weird video they saw in reading class about abortion, and automatically, I was like, ‘Wait, what? That’s odd.’ And they said it was about a readers theater assignment,” Edmiston said.
The video in question has nearly 100,000 views on YouTube.
Parents worked to describe the video.
“The way the doctor was referred to as, ‘Oh no, not that guy again. We don’t like him. We don’t feel safe, but we know you’ll love us anyway. You’ll take care of us.’ And then, ‘Oh, it’s that doctor. What is he doing, Mommy?’ And then they all started screaming, making faces,” Isbill said.
“Like, it burns, it burns!” Edmiston said.
“Like, holding their faces and like bending over and just really emotionally getting into this, writhing, and it’s super disturbing as an adult,” Isbill said. “They’re not even teens yet.”
She said their students are in different classes, but they both saw the video.
“They have the same teacher for reading, two different periods. But she gave them the same curriculum in both classes. They both watched the video. They both saw it,” the parents said.
Isbill said she is only speaking to the media because she is concerned for other families and hopes this does not happen again. She is concerned about the bigger picture.
“How many kids went home and didn’t talk to their parents about it and didn’t say anything because maybe they just thought it was normal? Because it was presented, and it was presented by an authority figure,” Isbill said.
Edmiston said the timing of it is particularly troubling, as students continue to deal with mental health impacts from the pandemic shutdowns.
“To show the part of the video where the children are actually pretending to be a fetus or a baby and they’re screaming about pain, as if... it’s heart-wrenching, as if they’re being tortured. And they’re watching children do this? Especially during a year when we’re just trying to get back on our feet after being home last year,” Edmiston said.
Both parents said their kids said the teacher did not present any other sides of the argument regarding abortion.
Regardless, they said they also feel abortion shouldn’t have been brought up to begin with in a sixth-grade reading class.
The two concerned mothers said they emailed the teacher, the school principal and the district superintendent on Friday.
In that email, Isbill wrote, “We are a multifaith household, and we do not appreciate your input.”
Isbill said she received a message from Thurman White Principal Matthew Jackson on Monday at 5:35 p.m.
She said the message reads, “Recently, we became aware of a video shown to some students in a classroom that was not reviewed properly. The video included subject matter that is not conducive to the social-emotional needs of students. We are making changes to the review process to prevent this type of incident going forward.”
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/11/6th-graders-traumatized-after-anti-abortion-video-shown-class-parents-say/ | 2022-05-11T10:55:25Z |
Savings Starting at 20 Percent Off For Corporate Orders Over $500
AUSTIN, Texas, May 19, 2022 /PRNewswire/ -- Leading lifestyle brand Erin Condren is pleased to launch a new Corporate Gifting Program featuring all-occasion gifting including: holiday gifting, gifts for team members, business gift ideas, client and VIP appreciation gifts, branded promotional products and more.
Professionals can select from a wide array of products to make a lasting impression for their brand, affirm a business relationship, establish a personal connection or show appreciation to others. Business gifting products include personalized notebooks or planners, premium writing tools, monogrammed stationery and notepads as well as custom gift boxes and pre-curated gift sets.
"We are very excited about our new Corporate Gift Program offering brands the opportunity to share appreciation, recognition, build relationships as well as celebrate milestones," said Tonia Misvaer, CEO of Erin Condren. "We offer a wide array of products featuring the highest quality materials and designs as well as convenient, curated gifting with customization options to make each gift special."
Erin Condren Corporate Gifting program includes:
- White glove service by trusted gifting experts who are knowledgeable about professional branded products such as spiral or softbound notebooks, business planners, productivity tools, desk accessories, writing utensils and more.
- A wide variety of customization and personalization options, including planner layouts (hourly, daily, weekly, monthly and more), notebook styles, color and design selection, binding options, matching stationery or notepads, monogramming and custom gift boxes.
- Exclusive design services available for larger, completely custom orders.
- High quality products made in the USA including our coiled notebooks and best-selling planners. All products shipped from Austin, TX.
Corporate gifting customers can enjoy savings starting at 20 percent off for orders over $500. To learn more about Erin Condren's corporate gifting options, visit https://www.erincondren.com/corporate-gifts.
About Erin Condren
Founded in 2005, Erin Condren is a lifestyle brand known for creating fun and functional organizational essentials for the home, office and everything in between. The brand's best-selling planners, notebooks and accessories are available via ErinCondren.com, Erin Condren retail stores, and select retailers nationwide, including Amazon, Target, and more.
View original content to download multimedia:
SOURCE Erin Condren | https://www.mysuncoast.com/prnewswire/2022/05/19/lifestyle-brand-erin-condren-launches-corporate-gifting-program-featuring-premium-personalized-gifts-clients-employees-more/ | 2022-05-19T20:01:30Z |
Tips and products to help alleviate wrist pain
According to the Mayo Clinic, anyone can experience wrist pain. It doesn’t matter if you are “very sedentary, very active or somewhere in between.” It can result from something sudden, such as a fall, or it can come about from repetitive stress.
Whatever the cause, even a little wrist pain can be debilitating. When that pain flares up, it can be enough to stop you from participating in an activity that you enjoy. To help you live a more robust life, there are a few tips and products to help. It is important to understand that wrist pain can be serious, and you must always consult with your doctor before trying any new type of relief.
Types of wrist pain
There are different types of wrist pain. Depending on how your wrist feels, it can be a clue that helps your doctor understand what might be happening. Here are some common reasons for wrist pain and descriptions of how that pain might feel.
Arthritis: Arthritis is an inflammation of one or more joints. It results from wear and tear, an infection or an underlying disease. The symptoms can be stiffness, intermittent pain and a reduced range of motion that worsens with age.
Carpal tunnel syndrome: Carpal tunnel syndrome is a pinched nerve in the wrist that produces pain in the hand and arm. It is accompanied by a numbness or tingling sensation.
Repetitive strain injury: Repetitive strain injury damages muscles, nerves, ligaments or tendons resulting from performing a repetitive action or overusing the hand and wrist. It can be identified by tenderness or pain in the wrist accompanied by pins and needles.
Sprained wrist: A sprained wrist is a stretch or tear in the tissue that connects bones and joints in the wrist. The symptoms are typically swelling, bruising, pain and tenderness.
Tendinitis: Tendinitis is an inflammation or irritation of the tissue that connects bones and joints in the wrist. You can identify it by wrist pain or tenderness and joint stiffness.
As you can see by the examples, wrist problems have overlapping symptoms. Stiffness can be arthritis or tendinitis; tingling can be carpal tunnel syndrome or a repetitive strain injury. This is why a doctor needs to evaluate persistent symptoms.
Tips to help reduce wrist pain
According to the Mayo Clinic, “Not all wrist pain requires medical care. Minor sprains and strains usually respond to ice, rest and over-the-counter pain medications.” If your wrist pain results from an activity rather than an infection or an underlying disease, there may be some things you can do to reduce or eliminate that pain.
- Reduce repetitive actions. If you engage in any repetitive actions, reducing or eliminating these actions may be the key to reducing or eliminating your pain.
- Make adjustments to your workspace. If your fingers are higher than your wrists while typing, you are adding unnecessary strain to your wrists.
- Use ergonomic accessories. Split keyboards and wrist pads were invented for a reason: they work. If you have chronic pain, consider adding an ergonomic keyboard or mouse to your setup.
- Take breaks. If you spend long hours using your hands for work, make sure you schedule regular breaks to give your wrists a rest.
- Try a wrist brace. If your doctor gives you the OK, a wrist brace can help with wrist pain. It supports the wrist and helps reduce irritation and inflammation.
- Exercise. Under a doctor’s care, exercise your wrists to strengthen them and increase your range of motion. However, if you have pain due to inflammation or overuse, skip this tip as it may exacerbate your condition.
- Soak your wrist. Warm water can reduce muscle stiffness. If inflammation is an issue, do not apply any heat, as this will increase the inflammation.
Products that may help reduce wrist pain
If strengthening your wrists is what you want, this wrist roller can help. It uses a coil spring to give your fingers, wrists and forearms a workout. You can choose from 15 to 400 pounds of exercise force. Sold by Amazon
Another option to strengthen the muscles in your hands, wrists and forearms is DMoose’s forearm exerciser. When used as directed, this device may reduce the chance of developing chronic wrist pain. It is a portable exercise machine that you can adapt to your specific needs. Sold by Amazon
Logitech MX Ergo Wireless Trackball Mouse
When the majority of your workday is spent with your hand hovering over a mouse, you can develop chronic wrist pain. This ergonomic mouse has an adjustable hinge that lets you customize the trackball to fit your hand and reduce wrist strain. It is compatible with Mac and Windows computers. Sold by Amazon and Staples
Microsoft Sculpt Ergonomic Keyboard
This split, domed keyboard helps keep your forearms and wrists in a natural, relaxed position while working. The cushioned palm rest offers the support needed to maintain a neutral wrist position. Even the keys are sculpted to promote effortless keystrokes, making this an excellent option for individuals who spend long hours on a keyboard. Sold by Amazon and Staples
Mueller Sports Medicine Green Fitted Wrist Brace
Mueller’s wrist brace can help reduce pain and swelling associated with carpal tunnel syndrome. It has two straps to adjust the fit, and the light, latex-free materials allow you to wear this brace all day long. Sold by Amazon
If cryotherapy and compression are what your doctor recommends, this Polar ice wrap can help. The fleece wrap contains encapsulated ice packs that you can secure over the affected area with a hook-and-loop closure. Sold by Amazon
Doctors Touch Erase The Pain Relief Roll On
Erase the Pain is a roll-on that provides instant topical relief from minor aches and pains. The 3-ounce container is TSA-approved, and this evaporating roll-on does not stain clothing. It contains anti-inflammatory extracts, such as Boswellia and arnica along with aloe vera, MSM and vitamin E to provide cooling relief on contact. Sold by Amazon
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Allen Foster 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/br/health-wellness-br/experiencing-wrist-pain-these-tips-and-products-may-be-the-answer/ | 2022-06-07T17:33:51Z |
LORDSTOWN, Ohio, July 12, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors" or "LMC"), an original equipment manufacturer (OEM) of electric vehicles focused on the commercial fleet market, today announced several key executive appointments that further strengthen the company's senior leadership team.
- Daniel A. Ninivaggi was elected to serve as Executive Chairman of the Board of Lordstown Motors. In this role, Dan will focus on corporate strategy, strategic partnerships and capital raising.
- Edward T. Hightower, the company's President, has been elected to the additional role of Chief Executive Officer, effective immediately. Edward will also continue to serve as CEO of MIH EV Design LLC, LMC's product development joint venture with Foxconn. He has also been elected to the Board of Directors of Lordstown Motors.
- Dr. Donna Bell, a former Ford Motor Company executive with almost 30 years of automotive product development and technology innovation leadership experience, has been appointed Executive Vice President, Product Creation, Engineering and Supply Chain, effective immediately.
- Andrew Reyntjes, a 30-year veteran of the automotive and commercial fleet industry, was appointed Senior Vice President, Sales, Service and Marketing, effective June 29.
- Jill Coniglio-Kirk was appointed Vice President of People & Culture, effective June 20. Jill has more than 20 years of experience in automotive human resources roles and building out early-stage organizations.
- Jane Ritson-Parsons will be transitioning out of the role of Chief Commercial Officer and become an advisor to the company.
"Since joining Lordstown Motors, recruiting an experienced and talented management team has been a key priority. With the recent closing of the Foxconn transactions and the launch of our new Foxconn joint venture, Lordstown Motors has shifted to a more engineering and product development focused OEM. With over 30 years of automotive experience and having made significant contributions to the Endurance launch preparation and Foxconn transactions, Edward is the perfect person to lead the company and launch our product development efforts with Foxconn. As Executive Chairman, I will continue to focus on strategic and financial matters, working closely with Edward and CFO Adam Kroll," said Daniel Ninivaggi, LMC's Executive Chairman. "As the Endurance gets closer to production and we select partners for our first joint venture vehicle, our commercial strategy will also be critical. Andrew will accelerate the development of our commercial fleet partnerships," Ninivaggi continued. "Finally, we are in an industry with emerging technologies and the need for constant innovation. Jill will be a key member of our senior management team, with a particular focus on recruiting and developing the best EV engineering talent."
"We now have a focused leadership team with vast experience in developing, launching and commercializing vehicles," said Hightower. "I've just returned from two weeks in Taiwan meeting with Foxconn and exploring our joint product development opportunities. I look forward to strengthening our partnership and confirming our first vehicle program over the next several months. The LMC team also remains laser focused on launching the Endurance this quarter, with commercial deliveries expected in the fourth quarter."
Dr. Donna Bell comes to Lordstown as Executive Vice President, Product Creation, Engineering and Supply Chain with almost 30 years of hands-on leadership experience in engineering, product development, purchasing, quality, mobility and autonomous vehicle strategy, and research. Her work in the development of electronic modules and infotainment systems led to her receiving multiple patents. Bell also served as research operations director at Ford's Palo Alto Innovation Labs. She holds two master's degrees and a Ph.D. from Wayne State University's School of Engineering and a bachelor's degree in electrical engineering from Lawrence Technological University.
"The excitement of a startup appeals to me," said Bell. "Lordstown, and its partner, Foxconn, have the potential to reinvent how vehicles are developed and manufactured. It is the ultimate challenge."
"Along with our intense focus on the Endurance launch, we are actively working to plan and develop additional vehicles and mobility solutions for our commercial fleet customers. Dr. Bell's extensive experience in the high-quality execution of vehicle programs, technologies, and innovations will make her an excellent addition to our team. As EV performance attributes and features are becoming more defined and driven by software, Donna's leadership and track record will build on the strengths of the Lordstown Motors team and play a key role driving the success of the joint venture," said Hightower.
Andrew Reyntjes joins Lordstown Motors as Senior Vice President of Commercial Sales, Service and Marketing. He is experienced in US and international markets and multiple industries outside automotive. He most recently worked in sales leadership positions at LEER Group, a business unit of J.B Poindexter & Co., a leading provider of vans, truck bodies, vehicle storage systems and accessories to the commercial vehicle market. Prior to his position as director of fleet and commercial sales at LEER Group, he spent more than 15 years in various roles within the fleet industry including WABCO and at General Motors in Fleet & Commercial Operations as well as numerous other positions and functions.
"Lordstown Motors is focused on meeting the needs of our commercial fleet customers. Andrew has lived and breathed the commercial fleet market from every aspect. His leadership and enthusiasm will help to ensure that our vehicles and solutions deliver on the work-focused needs and expectations of our customers and create value for the company," said Edward Hightower.
A seasoned human resource professional with two decades of HR leadership experience at global Tier 1 automotive suppliers, Jill Coniglio-Kirk recently joined LMC as Vice President of People & Culture. Jill has a proven track record of developing cultures that reward, promote, and drive high performance. Prior to joining Lordstown, she was Vice President of Human Resources for Veoneer, Inc., a world leader in automotive safety. Previously, Jill served in a variety of management positions at Autoliv, Inc.
Jane Ritson-Parsons joined Lordstown more than a year ago and greatly contributed to the transition to the new leadership team, the development of our commercial strategy and the execution of the Foxconn transactions. She will be transitioning out of her formal role as Chief Commercial Officer and become an advisor to LMC. Daniel Ninivaggi commented, "Jane's leadership in several of our functions was instrumental to the progress we have made over the past year. I thank her for her many contributions to the company and look forward to her support as an advisor."
Lordstown Motors is an electric vehicle (EV) innovator with a mission to develop high-quality, light duty commercial fleet vehicles, with the Endurance all electric pick-up truck as its first vehicle being launched in the Lordstown, Ohio facility. Lordstown Motors is also the primary development partner with Foxconn for MIH based vehicles in North America through its recently established joint venture. Lordstown Motors has corporate, engineering, and research and development facilities in Lordstown, Ohio, Farmington Hills, Mich. and Irvine, Calif. For additional information, visit http://www.lordstownmotors.com/.
This release includes forward looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "feel," "believe," "expects," "estimates," "projects," "intends," "should," "is to be," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: the need to raise substantial additional capital to execute our business plan, achieve our production targets for the Endurance in 2022 and beyond, achieve scaled production of the Endurance, to continue ongoing operations and remain a going concern, and our ability to raise such funding on a reasonable timeline and with suitable terms; the cost and other impacts of litigation, regulatory proceedings, investigations, stockholder letters and claims and availability of insurance coverage and/or adverse publicity with respect to these matters, which may have a material adverse effect, whether or not successful or valid, on our liquidity position, business prospects and ability to obtain financing; our limited operating history and our ability to execute our business plan, including through our relationship with Foxconn; our ability to raise sufficient capital in order to invest in the tooling that we expect will enable us to eventually lower the Endurance bill of materials cost, continue design enhancements of the Endurance and fund any future vehicles we may develop; the rollout of our business and the timing of expected business milestones, including our ability to complete the engineering of the Endurance and Foxconn's completion of the conversion and retooling of the Lordstown facility, to establish and maintain appropriate supplier relationships, to successfully complete testing, homologation and certification, and to start production and delivery of the Endurance in accordance with our projected timeline; our ability to successfully identify and implement actions that will lower the Endurance bill of materials cost; supply chain disruptions, inflation and the potential inability to source essential components and raw materials, including on a timely basis or at acceptable cost, and their consequences on testing, production, sales and other activities; our ability to obtain binding purchase orders and build customer relationships; the risk that our technology, including our hub motors, does not perform as expected and our overall ability to deliver on the expectations of customers with respect to the pricing, performance, quality, reliability, safety and efficiency of the Endurance and to provide the levels of service and support that they will require; our ability to conduct business using a direct sales model, rather than through a dealer network used by most other OEMs; the effects of competition on our ability to market and sell vehicles; our inability to retain key personnel and to hire additional personnel; the ability to protect our intellectual property rights; the failure to obtain required regulatory approvals; changes in laws or regulatory requirements or new or different interpretations of existing law; changes in governmental incentives and fuel and energy prices; the impact of health epidemics, including the COVID-19 pandemic, on our business; cybersecurity threats and compliance with privacy and data protection laws; failure to timely implement and maintain adequate financial, information technology and management processes and controls and procedures; our ability to remain in compliance with our debt covenants, our ability to repay the obligations when due, and the risks associated with having pledged significant assets as collateral for recently obtained indebtedness; and the possibility that we may be adversely affected by other economic, geopolitical, business and/or competitive factors, including the direct and indirect effects of the war in Ukraine. In addition, the transactions entered into with Foxconn are subject to risks and uncertainties. No assurances can be given that we will successfully implement or that we will realize the anticipated benefits from the recently completed transactions with Foxconn, including the contract manufacturing agreement and the joint venture to jointly develop additional EVs for launch. If we are unable to maintain our relationship with Foxconn or effectively manage outsourcing the production of the Endurance to Foxconn, we may be unable to ensure continuity, quality, and compliance with our design specifications or applicable laws and regulations, which may ultimately disrupt and have a negative effect on our production and operations. The success of the joint venture depends on many variables, including our ability to utilize the designs, engineering data and other foundational work of Foxconn, its affiliates and other members of the MIH consortium to commercialize, industrialize, homologate and certify a vehicle in North America, along with variables that are out of the parties' control, such as technology, innovation, adequate funding, supply chain and other economic conditions, competitors, customer demand and other factors that impact new vehicle development. If we are unable to develop new vehicles for ourselves and potentially other OEM customers, our business prospects, results of operations and financial condition may be adversely affected. We will need additional funding to execute our 2022 business plan and achieve scaled production of the Endurance. As we seek additional sources of financing, there can be no assurance that such financing would be available to us on favorable terms or at all. Our ability to obtain additional financing in the debt and equity capital markets is subject to several factors, including market and economic conditions, the significant amount of capital required, the fact that our bill of materials cost is currently, and expected to continue to be, substantially higher than our anticipated selling price, uncertainty surrounding regulatory approval and the performance of the vehicle, meaningful exposure to material losses related to ongoing litigation and the SEC investigation, our performance and investor sentiment with respect to us and our business and industry. Additional information on potential factors that could affect the financial results of the Company and its forward-looking statements is included in its most recent Form 10-K and subsequent filings with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement. Any forward-looking statements speak only as of the date on which they are made, and Lordstown Motors undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
Contacts:
Investors
Carter W. Driscoll, CFA
IR@lordstownmotors.com
Media
Colleen Robar
313.207.5960
crobar@robarpr.com
View original content to download multimedia:
SOURCE Lordstown Motors Corp. | https://www.wibw.com/prnewswire/2022/07/12/lordstown-motors-announces-executive-appointments/ | 2022-07-12T12:04:04Z |
Addressing food insecurity and climate change, and honoring Indigenous communities some of the hundreds of student-led projects underway
NEW YORK, May 6, 2022 /PRNewswire/ -- Today, thousands of students from more than 100 schools across the country are celebrating Better World Day through presenting learning projects and engaging in acts of service that demonstrate the power of the EL Education vision for public school: a place where children become great scholars and active citizens with the capacity to make a positive impact.
This annual, national event showcasing student learning that contributes to a better world features elementary school students tackling food insecurity by partnering with their local foodbank, promoting summer reading by gathering and distributing gently used books, and addressing water quality through testing the water supply and educating their community. Older students are researching and designing a Holocaust memorial on their school campus as well as honoring local Indigenous horticultural practices by collaborating on planting and harvesting a seed garden with members of the native community.
"In the midst of pandemic recovery and a rapidly-changing world, thousands of students, educators, and community members are coming together to make real change in their communities, taking on issues that are important to their families and delivering lasting improvement and value," said Ron Berger, Senior Advisor at EL Education. "For more than 25 years, EL Education has been proud to support students as they put their academic learning to use to build stronger, more just communities. We organize Better World Day because we know from the science of learning and development that students achieve deeper learning when they have the opportunity to make a meaningful impact."
EL Education is also announcing the recipients of three media grants for $2,000 each to EL Education schools or districts that will co-create mini documentaries about their 2022 Better World Day projects. This year's recipients are: Explore PK-8, from Thornton, Colo.; Kuumba Academy from Wilmington, Del.; and Old Sturbridge Academy Charter Public School from Sturbridge, Mass. The documentaries will be previewed on Better World Day at a student-led webinar and screened at the EL Education national conference happening in December 2022.
The projects and presentations on Better World Day are models of the kind of learning happening in hundreds of EL Education schools every day: where character development and scholarship are inextricably linked and equally important to achievement. For a full list of Better World Day projects and more on the media grantee winners, go to https://ELeducation.org/news-and-events/better-world-day.
About EL Education
EL Education is a national nonprofit partnering with K-12 educators to transform public schools and districts into hubs of opportunity for all students to achieve excellent equitable outcomes. EL Education is guided by a vision of education equity embracing the genius in every child and by a reimagined definition of student achievement. EL Education offers research-proven resources and practices, including the acclaimed EL Education K-8 Language Arts curriculum, Core Practices, and aligned professional learning. EL Education was founded in 1991 and currently serves 440,000 students in diverse communities across the country. Learn more at ELeducation.org.
View original content to download multimedia:
SOURCE EL Education | https://www.wibw.com/prnewswire/2022/05/06/el-educations-better-world-day-features-students-leading-way-creating-better-world/ | 2022-05-06T05:17:28Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Kiromic BioPharma, Inc. (NASDAQ: KRBP) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Kiromic common stock issued in connection with the Company's public offering that closed on July 2, 2021 and/or (b) Kiromic common stock between June 25, 2021 and August 13, 2021, both dates inclusive.
Lead Plaintiff Deadline: October 4, 2022
No obligation or cost to you.
Learn more about your recoverable losses in KRBP:
https://www.kleinstocklaw.com/pslra-1/kiromic-biopharma-inc-loss-submission-form?id=31349&from=4
Kiromic BioPharma, Inc. NEWS - KRBP NEWS
CLASS ACTION CASE DETAILS: The complaint alleges that the registration statement and prospectus issued in connection with the Company's public offering that closed on July 2, 2021 (the "Offering Documents") failed to disclose that the Food and Drug Administration ("FDA") had, prior to the filing of these documents, imposed a clinical hold on the Company's Investigational New Drug ("IND") applications for its two new drug candidates. Given that the offering closed on July 2, 2021, more than thirty (30) days after the Company submitted the IND applications for its two immunotherapy product candidates, investors were assured that no clinical hold had been issued and clinical trials would commence.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Kiromic you have until October 4, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Kiromic securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the KRBP lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/kiromic-biopharma-inc-loss-submission-form?id=31349&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
View original content:
SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/09/06/krbp-alert-klein-law-firm-announces-lead-plaintiff-deadline-october-4-2022-class-action-filed-behalf-kiromic-biopharma-inc-shareholders/ | 2022-09-06T17:35:53Z |
Remnants of a massive Chinese rocket that was descending uncontrollably back to Earth reentered the atmosphere over the Indian Ocean at roughly 12:45 p.m. ET Saturday, the US Space Command said on Twitter.
The Chinese 23-ton Long March 5B rocket, which delivered a new module to its space station, took off from Hainan Island at 2:22 p.m. local time Sunday, July 24, and the module successfully docked with China's orbital outpost. The rocket had since been in an uncontrolled descent toward Earth's atmosphere -- marking the third time that China has been accused of not properly handling space debris from its rocket stage.
"No other country leaves these 20-ton things in orbit to reenter in an uncontrolled way," Jonathan McDowell, an astrophysicist at the Harvard-Smithsonian Center for Astrophysics, told CNN's Jim Acosta Saturday afternoon.
In a Saturday statement on Twitter, NASA Administrator Bill Nelson wrote China "did not share specific trajectory information" as the rocket fell back to Earth.
"All spacefaring nations should follow established best practices, and do their part to share this type of information in advance to allow reliable predictions of potential debris impact risk, especially for heavy-lift vehicles, like the Long March 5B, which carry a significant risk of loss of life and property," Nelson said.
"Doing so is critical to the responsible use of space and to ensure the safety of people here on Earth," he added.
In a statement, the China Manned Space Agency said remnants of the rocket reentered the atmosphere at about 12:55 a.m. Sunday Beijing time -- or about 12:55 p.m. ET Saturday.
The agency added most of the remnants burned up during the reentry process over the Sulu Sea, which is between the island of Borneo and the Philippines.
"What we really want to know is did any pieces actually end up sitting on the ground," McDowell told CNN. "That may take a little while longer for the reports to filter back."
Video posted online appears to show what experts believe are images of the rocket booster burning up in the atmosphere, but CNN cannot confirm their veracity.
Vanessa Julan, a resident of Kuching, Sarawak, Malaysia, shared a video with CNN that shows what appears to be rocket debris burning up.
She told CNN she shot the footage at around 12:50 a.m. local time, which is the same as Beijing time.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/news/remnants-of-an-uncontrolled-chinese-rocket-reentered-the-atmosphere-over-the-indian-ocean-us-space/article_191cd8d4-6029-5778-bc5d-4044a617c017.html | 2022-07-30T22:13:41Z |
Backlog Increases to $24 Million, Largest Since Sale of Transformer Business, Reflecting Demand for e-Bloc and E-BOOST Products
FORT LEE, N.J., May 16, 2022 /PRNewswire/ -- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) ("Pioneer," "Pioneer Power" or the "Company"), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle ("EV") charging solutions, today provided a business update and announced financial results for the first quarter ended March 31, 2022.
Business Highlights for the First Quarter of 2022:
- Accelerated sales of e-Bloc with more than $1.3 million sold in Q1. Approximately $15.2 million of the backlog reflects e-Bloc orders.
- Recognized $788,000 in revenue from E-BOOST mobile EV charging solutions.
- Received initial order for two E-BOOST units from Navistar, a leading manufacturer and solutions provider of trucks and buses. Both units were delivered in early May and were featured at the 2022 Advanced Clean Transportation (ACT) Expo, the largest advanced transportation technology and clean fleet event.
- Backlog increased to $24.0 million at March 31, 2022, compared to $22.8 million at December 31, 2021 and $17.1 million at March 31, 2021. This is the highest backlog since the Company sold its transformer business over 30 months ago.
Financial Highlights for the First Quarter of 2022:
- Revenue increased 72% to $6.0 million for the three months ended March 31, 2022, as compared to $3.5 million for the three months ended March 31, 2021. The $6.0 million in revenue is the highest quarterly revenue level since the fourth quarter of 2019.
- Gross profit increased over 450% to $875,000 for the three months ended March 31, 2022, or 14.5% gross margin, as compared to $159,000 for the three months ended March 31, 2021, or 4.5% gross margin, reflecting higher volumes, and specifically the contribution of newly introduced EV-charging solutions, as well as improved productivity.
- Total operating loss narrowed by $235,000 to $871,000, even as the Company increased selling, general and administrative expenses by $481,000 to support its new strategic initiatives.
Nathan Mazurek, Pioneer's Chairman and Chief Executive Officer, said, "The first quarter of 2022 reflects the initial, strong contribution from our new e-Bloc and E-BOOST EV-charging solutions, driving a more than 70% increase in revenue to our highest quarterly revenue in more than two years, continued expansion of our backlog and a 450% improvement in gross profit. We expect to begin delivering units related to our large e-Bloc order in the second quarter, with the bulk of the shipments to be delivered in the third and fourth quarters of this year. Market response to our E-BOOST suite at the ACT Expo exceeded expectations. These products are seeing strong demand just a few months after their launch, and our confidence that they will materially contribute to 2022 revenues is growing."
Mr. Mazurek continued, "With a backlog of $24 million at March 31, 2022 and growing demand for these new solutions, we are increasingly confident we will grow our 2022 revenue by at least 50% over our 2021 revenue and deliver continued margin expansion. We are hopeful that each quarter will show year-over-year growth, with the majority of growth occurring in the second half of 2022. We expect to generate positive operating cash flow for 2022."
First Quarter 2022 Financial Results
Revenue
Total revenue for the three months ended March 31, 2022 increased 72.4% to $6.0 million, compared to $3.5 million for the same period in 2021, primarily due a significant increase in sales of our e-Bloc power systems and switchgear equipment, and the delivery of our first E-BOOST unit.
Gross Margin
Gross profit for the first quarter of 2022 was $875,000, or 14.5% of revenues, compared to $159,000, or 4.5% of revenues, for the same period in 2021. The increase in gross profit was primarily driven by sales of higher-margin EV-charging solutions and improved productivity, partially offset by higher input and freight costs.
Operating Loss
For the three months ended March 31, 2022, operating loss narrowed by $235,000 to $871,000, as compared to $1.1 million during same period in 2021, even as the Company increased selling, general and administrative expenses by $481,000 to support its expected continued growth.
Net Income / (Loss)
The Company's net loss was $788,000, or $(0.08) per basic and diluted share, for the three months ended March 31, 2022, compared to net income of $351,000, or $0.04 per basic and diluted share, during the three months ended March 31, 2021. The first quarter of 2021 included a $1.4 million gain in other income for the forgiveness of the Company's Paycheck Protection Program loan.
Balance Sheet
As of March 31, 2022, the company had $13.6 million in cash and restricted cash, compared to $11.7 million in cash and restricted cash as of December 31, 2021.
Earnings Conference Call:
Management will host a conference call later today, May 16, 2022 at 5 p.m. Eastern Time to discuss the Company's 2022 first quarter financial results with the investment community.
To participate, please call 1-844-826-3035 if calling within the United States or 1-412-317-5195 if calling internationally. When asked, please reference confirmation code 10167319.
The call will also be accompanied live by webcast over the Internet and accessible at https://viavid.webcasts.com/starthere.jsp?ei=1549135&tp_key=2b84804abf.
A replay will be available until May 23, 2022 which can be accessed by dialing 1-844-512-2921 if calling within the United States or 1-412-317-6671 if calling internationally. Please use passcode 10167319 to access the replay.
About Pioneer Power Solutions, Inc.
Pioneer Power Solutions, Inc. is a leader in the design, manufacture, integration, refurbishment, service and distribution of electric power systems, distributed energy resources, power generation equipment and mobile EV charging solutions for applications in the utility, industrial and commercial markets. To learn more about Pioneer, please visit its website at www.pioneerpowersolutions.com.
Safe Harbor Statement:
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) the Company's ability to successfully increase its revenue and profit in the future, (ii) general economic conditions and their effect on demand for electrical equipment, (iii) the effects of fluctuations in the Company's operating results, (iv) the fact that many of the Company's competitors are better established and have significantly greater resources than the Company, (v) the Company's dependence on two customers for a large portion of its business, (vi) the potential loss or departure of key personnel, (vii) unanticipated increases in raw material prices or disruptions in supply, (viii) the Company's ability to realize revenue reported in the Company's backlog, (ix) future labor disputes, (x) changes in government regulations, (xi) the liquidity and trading volume of the Company's common stock and (xii) an outbreak of disease, epidemic or pandemic, such as the global coronavirus pandemic, or fear of such an event.
More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission, including the Company's Annual and Quarterly Reports on Form 10-K and Form 10-Q, respectively. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.
Contact:
Brett Maas, Managing Partner
Hayden IR
(646) 536-7331
brett@haydenir.com
Tables Follow
View original content to download multimedia:
SOURCE Pioneer Power Solutions, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/16/pioneer-power-increases-revenue-72-triples-gross-margin-e-bloc-e-boost-ev-charging-solutions-drive-growth/ | 2022-05-16T21:55:57Z |
Takata air bag claims another driver’s life, 19th US death
Published: Aug. 4, 2022 at 1:45 PM EDT|Updated: 14 minutes ago
DETROIT (AP) — The death toll from exploding air bag inflators made by Takata Corp. has risen to 19 in the U.S. and 28 worldwide.
Authorities say the driver of a 2006 Ford Ranger pickup truck was killed in what should have been a minor crash last month near Pensacola, Florida.
But the driver’s air bag inflator exploded, spewing shrapnel that hit the unidentified driver, a 23-year-old man.
The U.S. National Highway Traffic Safety Administration says Thursday it is working to confirm details of the crash before deciding if more action is needed.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/04/takata-air-bag-claims-another-drivers-life-19th-us-death/ | 2022-08-04T18:00:38Z |
- Filipe Albuquerque, Ricky Taylor prevail in changing weather conditions to win the IMSA Fast Lane Sports Car Weekend at Road America
- Meyer Shank Racing duo of Tom Blomqvist, Oliver Jarvis contend for victory until late race spin, contact, results in fourth-place finish
- Acura unofficially clinches 2022 IMSA DPi Manufacturers', Drivers' and Teams' championships
ELKHART LAKE, Wis., Aug. 8, 2022 /PRNewswire/ -- A daring late-race pass, while negotiating slower GT traffic, secured the win Sunday for Acura, Wayne Taylor Racing, and drivers Filipe Albuquerque and Ricky Taylor. Acura's fifth WeatherTech SportsCar Championship win of the year has unofficially secured a sweep of the 2022 IMSA Manufacturers', Drivers' and Teams' titles for the manufacturer and its partner teams.
Battling fellow Acura team Meyer Shank Racing with drivers Tom Blomqvist and Oliver Jarvis for the race win and championship lead, Albuquerque in the #10 WTR ARX-05 pulled off a daring, two-wheels-in-the-grass pass on Jarvis in the #60 MSR Acura as both prototypes weaved their way through GTD traffic on the downhill run from Turn 3 to Turn 5.
The two Acuras, and a competing prototype from Chip Ganassi Racing, continued to battle for the race win into the closing laps of the two-hour, 40-minute contest – which was marked by frequently changing weather conditions. With just a few minutes remaining, Jarvis lost control exiting the high-speed Road America "Kink" and made heavy contact with the inside wall.
With the caution flag waving for the final two laps, Albuquerque and co-driver Taylor went on to record their fourth victory of the season, while Jarvis was able to nurse his damaged MSR Acura home in fourth, despite heavy front end damage and a deflating left front tire.
With just one race remaining, Acura has unofficially clinched the 2022 IMSA DPi Manufacturers' Championship, and will formally claim the title when the field takes the green flag for the season finale at Road Atlanta in October. Meanwhile, the drivers' and teams' titles will be decided between Meyer Shank Racing and Wayne Taylor Racing, with all other contenders also mathematically eliminated with the start at Road Atlanta.
Acura NSX GT3 Evo22
In the production-based GTD class, the Rick Ware Racing team driver pairing of Ryan Eversely and Aidan Read attempted to run the race on just two pit stops, running as high as third in class at one point as a result, but needed to come in for a splash of fuel near the end of the race that dropped the pair to ninth at the finish.
IMSA Fast Lane SportsCar Weekend at Road America Acura Race Results
- 1st overall - #10 Filipe Albuquerque, Ricky Taylor, Wayne Taylor Racing Acura ARX-05 DPi
- 4th overall - #60 Tom Blomqvist, Oliver Jarvis, Meyer Shank Racing Acura ARX-05 DPi
- 9th GTD - #51 Ryan Eversley, Aidan Read, Rick Ware Racing Acura NSX GT3 Evo22
DPi Manufacturers' Championship Drivers' Championship (after 9 of 10 rounds)
1. Acura 3.333 1. Filipe Albuquerque, Ricky Taylor 3,066
2. Cadillac 3,300 2. Tom Blomqvist, Oliver Jarvis 3,047
3. Sebastien Bourdais, Renger van der Zande 2,914
Quotes
Filipe Albuquerque (#10 Wayne Taylor Racing Acura ARX-05) Race winner: "What a crazy race. We started in first place and we led the first stint, and then the drizzle came. Ricky had a really tough time with a slick track and new, cold, slick tires. He did a hell of a job keeping the car on the track. We were almost last and were nearly lapped by the guys that took a gamble on rain tires, which was the right choice. At that point, our championship was completely over, but the beauty of IMSA and endurance racing is exactly this: it can shuffle unpredictably. I went back in the car even though I would've trusted Ricky to go to the end. I had driven in qualifying so I was confident, and it was dry again. We pushed again—maximum attack—dragging the championship fight to the last race. It came off perfectly for us. Another win, our fourth of the season is just brilliant. We set the goal to win. So far, so good."
Ricky Taylor (#10 Wayne Taylor Racing ARX-05) Race winner: "My job was to survive the conditions during my stint today. We were looking on for an Acura 1-2 towards the end, which was great and the strategy was strong. It's the first win for the #10 Konica Minolta Acura ARX-05 at Road America. Finally, crew member Bill Mullen got a [Road America] win after 36 years of coming here, so congratulations to him. On top of everything, that feels the best—Bill Mullen got his win. I can't say enough about Filipe's drive. Acura's been a force since coming into the DPi category. Winning the IMSA WeatherTech SportsCar Championship DPi Manufacturers title today is huge. They do such an amazing job. You can see it in the standings over the years. Looking at it from the outside, if you're going to join the championship, you should get an Acura. They give us such reliable cars and the car has been lightning fast for five years. We're proud to represent the brand, and to effectively clinch that championship today—hats off to everyone at Acura, HPD and American Honda."
Lee Niffenegger (HPD IMSA Program Manager) On Sunday's Acura win at Road America: "Congratulations to everyone at HPD and our Acura Motorsports teams on a great day. Wayne Taylor Racing won for the very first time at Road America—the last of the current IMSA tracks for them to take a victory at. With a start at Petit Le Mans, Acura will win the Manufacturers' Championship in 2022. It's a massive achievement that everyone has worked so hard for. And, additionally, our Wayne Taylor and Meyer Shank Racing teams will have the chance to battle it out for the Team and Driver titles."
Fast Facts
- This is the fifth IMSA overall race win of 2022 for Acura. Meyer Shank Racing won the season-opening Rolex 24 at Daytona – and also collected five consecutive second-place finishes prior to Sunday's race – while Wayne Taylor Racing has been victorious at WeatherTech Raceway Laguna Seca, Mid-Ohio Sports Car Course, Watkins Glen International Raceway and Sunday at Road America; along with a second-place finish at the Rolex 24.
- This is the 49th IMSA prototype victory for Wayne Taylor Racing, but the first at Road America. WTR and drivers Filipe Albuquerque and Ricky Taylor will unofficially take a narrow, 19-point lead in the Drivers' and Teams' championship battle over fellow Acura-equipped MSR with drivers Tom Blomqvist and Oliver Jarvis.
Next
The GT classes of the IMSA WeatherTech SportsCar Championship, GTD Pro and GTD, travel next to VIRginia International Raceway in Danville, Va., for the August 26-28 Michelin GT Challenge at VIR.
The full IMSA field next runs October 6-8 for the season ending, 10-hour Petit Le Mans at Road Atlanta in Braselton, Ga.
Acura Motorsports social media content and video links from Road America can be found on Instagram (www.instagram.com/hondaracing_hpd), Twitter (twitter.com/HondaRacing_HPD) and Facebook (www.facebook.com/HondaRacingHPD). Features and long-form videos can be found on the Honda Racing/HPD YouTube channel (https://www.youtube.com/HondaRacingHPDTV).
View original content to download multimedia:
SOURCE Acura Motorsports | https://www.wibw.com/prnewswire/2022/08/08/acura-wayne-taylor-racing-victorious-road-america/ | 2022-08-08T16:51:15Z |
Pre-orders begin August 15 featuring World of Outlaws legend Sammy Swindell; base game and Gold Edition available
CHELMSFORD, Mass., Aug. 15, 2022 /PRNewswire/ -- The World of Outlaws returns to console gaming for the first time in over a decade on September 27, as World of Outlaws: Dirt Racing hits the PlayStation 4, PlayStation 5, Xbox One, and Xbox Series X|S. The official game of "The Greatest Show on Dirt" features six different dirt series, from the premier World of Outlaws NOS Energy Sprint Cars and CASE Construction Equipment Late Models to four DIRTcar classes, and more than 40 tracks, including Eldora Speedway, Knoxville Raceway, and Volusia Speedway Park. Pre-orders open on August 15 at worldofoutlawsgame.com, with three-time World of Outlaws Sprint Car champion Sammy Swindell included as a special bonus for pre-orders only.
World of Outlaws: Dirt Racing is the latest dirt racing-themed title from developer Monster Games, but its first since being acquired by iRacing in late 2021. The new title takes the established Monster Games platform to a new level, with the addition of car and track models, sounds, and multiplayer technology from iRacing to elevate the authenticity and gameplay experience. All-new physics, also tuned by iRacing, and a retooled, more competitive AI add to the challenge, with real-world driver feedback held at a premium throughout the development process.
"We're thrilled to bring World of Outlaws back to console gaming with World of Outlaws: Dirt Racing," said Monster Games founder and general manager Rich Garcia. "With the addition of iRacing resources to the established Monster platform, as well as the support of World of Outlaws, this is the most realistic, challenging, and most importantly, fun dirt racing experience ever seen on the PlayStation or Xbox. We can't wait for dirt racing fans to go wheel-to-wheel at Eldora, Knoxville, and more this fall!"
"Many of our fans have been asking for a World of Outlaws console game, and now through our partnership with iRacing we're able to deliver," World of Outlaws CEO Brian Carter said. "Whether it's PlayStation or Xbox, fans can race against World of Outlaws drivers in the most realistic game available. The team at iRacing and Monster Games has really developed an authentic option to see what it's like to race on dirt against the best in the business."
For those looking to chart a unique course through the world of dirt racing, World of Outlaws: Dirt Racing is infinitely customizable, with no shortage of fun to be had for players of all backgrounds. The all-new Career Mode structure sees drivers start as a local rookie, working hard to upgrade their equipment and become more competitive as they look to advance to the national World of Outlaws tours. Drivers can race any vehicle available to them in Career Mode at any time, and with an all-new Car Creator that includes more layers and shapes, can bring just about any design imaginable to the track.
No matter your dirt racing car or track preference, World of Outlaws: Dirt Racing has you covered. Sprint car racers can do battle in the 305, 360, and World of Outlaws 410 Sprint Car divisions, while World of Outlaws Super Late Models, Pro Late Models, and Street Stocks are available for those who prefer fenders. Alongside the 13 licensed tracks that will appear in the game, the remaining tracks pay homage to the soul of dirt racing in America with various lengths, layouts, and locales.
Three-time World of Outlaws NOS Energy Sprint Car Series champion Brad Sweet and 2015 CASE Late Model Series champion Shane Clanton adorn the cover, and the duo headlines a list of real-world drivers who are both playable in single-player modes and appear as opponents in Career Mode. Those who pre-order World of Outlaws: Dirt Racing will also unlock Sammy Swindell, winner of three World of Outlaws Sprint Car championships and nearly 400 Sprint Car Features in his illustrious career.
World of Outlaws: Dirt Racing will retail for $49.99, while the Gold Edition will be available for $69.99. The Gold Edition features all additional downloadable content for the remainder of calendar year 2022, a $35 value; 2022 DLC items will include Limaland Motorsports Park, Federated Auto Parts Raceway at I-55, and Lucas Oil Speedway, as well as two additional DIRTcar classes, UMP Modifieds and Super DIRTcar Big Block Modifieds. For those who purchase the base game, a Season Pass for downloadable content will be available for $29.99.
For more information about World of Outlaws: Dirt Racing and to pre-order the game starting on August 15, visit worldofoutlawsgame.com. For more information about the World of Outlaws, visit worldofoutlaws.com. For more information about iRacing and for special offers, visit iRacing.com.
Copyright and trademark info:
Copyright 2022 iRacing.com Motorsport Simulations, LLC
Additional license terms:
World of Outlaws is a registered trademark of World Racing Group, LLC. All car images, driver names and likenesses, corporate trademarks and other intellectual properties are used under license from their respective owners.
View original content to download multimedia:
SOURCE iRacing.com Motorsport Simulations | https://www.mysuncoast.com/prnewswire/2022/08/15/world-outlaws-dirt-racing-brings-greatest-show-dirt-playstation-xbox-consoles-september-2022/ | 2022-08-15T18:59:51Z |
SOMERSET, Wis. (WFRV) – Authorities are investigating a stabbing in western Wisconsin that left one teenager dead and four others with serious injuries.
On Saturday, the St. Croix County Sheriff’s Office reported that deputies were responding to a critical incident on the Apple River in the Town of Somerset, about 35 miles west of Minneapolis.
Upon arrival at the scene, officers said they initially found five victims with stab wounds. Their injuries ranged from serious to critical.
Unfortunately, one of the five victims, a 17-year-old Minnesota boy, was later pronounced dead due to his injuries, WCCO reported.
The other victims, a woman and three men all in their early 20s, were reportedly taken to the hospital for treatment, according to WCCO. Their conditions remain unknown.
In a news conference, St. Croix County Sheriff Scott Knudson explained that the victims were tubing on the river when the incident took place.
The suspect was a 52-year-old man from Minnesota who was also tubing on the Apple River with another group, WCCO reported.
The suspect reportedly fled on foot after the incident but was taken into custody shortly after.
At this time it is unclear if the stabbing was random. This incident is currently under investigation.
Nexstar’s WFRV has reached out to the St. Croix County Sheriff’s Office for more information. | https://cw33.com/news/nexstar-media-wire/teen-killed-4-others-injured-in-stabbing-while-tubing-on-wisconsin-river/ | 2022-07-31T17:43:12Z |
PASADENA, Calif., June 16, 2022 /PRNewswire/ -- OpenX Technologies, Inc., a leading global omnichannel advertising exchange, today announced the appointment of broadcast and advertising industry veteran Geoff Wolinetz as senior vice president of demand platforms. In this role, Wolinetz will oversee OpenX's relationships with demand-side platforms (DSPs) with a focus on emerging digital platforms and TV. His immediate priorities are building and expanding the strategic relationships with DSP partners and helping them "future-proof" their businesses as the industry moves into a cookie-less environment.
Most recently, Wolinetz led the expansion of the connected TV business at Chalice, a marketing and data science company that helps brands create custom algorithms for DSPs, as the company's senior vice president of growth.
"Geoff brings a robust supply-side perspective, most notably in broadcasting and TV advertising, that will be invaluable in growing our DSP business," said John Gentry, chief executive officer of OpenX. "As OpenX continues to take a more holistic approach within the digital advertising value chain – reducing the friction between supply and demand – Geoff's previous experience on both sides of the equation will help us connect those dots."
Wolinetz's career has focused on building relationships with inventory suppliers and helping them monetize their businesses. Prior to Chalice, he was the senior vice president of client relationships and head of revenue at Comcast Corp.'s FreeWheel, which enables all segments of the new TV ecosystem. Earlier, he spent 16 years at Turner Broadcasting, Inc. supporting advertising and operational services in various leadership positions.
"OpenX is at an exciting stage of its evolution as an industry-leading connector of supply and demand, and it is making serious commitments to sustainability within the industry," said Wolinetz. "I'm thrilled to join the company and help grow our demand partnerships in new and interesting ways. I'm inspired by the culture of inclusivity and eager to be a part of an organization that places such emphasis on making the ecosystem a better place for everyone involved."
OpenX is a pioneering leader in advertising technology, helping create a world where the open web thrives. The company powers advertising on web, mobile and connected TV formats, enabling marketers to reach their target audience across OpenX's global network of publishers. OpenX works with more than 130,000 premium publishers and receives more than 250 billion ad requests every day. OpenX has been certified as a CarbonNeutral® company and is on a path to becoming one of the first companies in the world to achieve Net-Zero status.
View original content to download multimedia:
SOURCE OpenX Technologies, Inc. | https://www.kxii.com/prnewswire/2022/06/16/openx-names-industry-veteran-geoff-wolinetz-oversee-demand-side-platform-relationships/ | 2022-06-16T19:40:52Z |
WHAT IS THE BEST ONION CHOPPER?
Onions are a popular vegetable for spicing up meals and garnishing entrees — the average American eats 20 pounds of onions each year. But preparing onions can be messy, and as many people know, cutting them releases sulfuric compounds that cause our eyes to water. So slicing onions can be a tearful kitchen adventure.
Onion choppers save the day by not only easily dicing onions but trapping the eye-irritating odor in the machine. For its sturdy construction and interchangeable blades, the best onion chopper is the Alligator Stainless Steel Chopper.
What to know before you buy an onion chopper
Manual vs. electric
Choppers are either manual or electric.
- Manual choppers work by pushing the onion through the blade grid or pulling a string that rotates blades around the onion or other vegetables. They are usually less expensive, but the cutting can be inconsistent, a problem if presentation is important.
- Electric choppers have powerful motors that are more reliable and simply require pushing a button. They are more expensive but can handle larger quantities and offer different cutting styles.
Sizes
Many choppers are designed for slicing one onion, which typically meets the need of a single meal at home. If you need to chop a lot of onions at once for a party or larger meal, look at choppers that can cut multiple vegetables simultaneously.
Chopping options
The most basic choppers dice onions as they pass through the blade grid. If you need a thinner cut, you may need to manually cut the onion before putting it in the chopper, or put the first cut of onion through the chopper again.
Many choppers come with multiple blades that can be interchanged for different styles of cuts. These choppers cost a little more than basic ones that only dice.
What to look for in a quality onion chopper
Blades
All choppers have stainless steel blades for easy slicing. The blades in manual box choppers are not removable, so they dull over time. When that happens, it is usually time to purchase a new chopper. Other choppers feature blades that can be removed and sharpened. This extends the chopper’s life. Consult a professional knife or blade sharpener to maintain your safety and ensure the blades are properly sharpened.
Base
Chopper bases are either plastic or stainless steel. The steel bases are naturally heavier and help hold the machine in place. Regardless of base material, look for choppers with rubberized bottoms that add an extra layer of gripping when the chopper is in use.
Container
The container that comes with a chopper is usually plastic, although high-end units have glass bowls. The size of the container varies, so look for the size that fits your normal cooking needs. Some hold a small quantity around 1 cup, while others are designed for larger meal preparations and hold over a quart of onions and vegetables.
Dishwasher-safe
Nearly all chopper components, including the blades, are dishwasher-safe, which makes for quick and easy tear-down and cleanup. Use caution when removing the blades, and always unplug the chopper ahead of time. Read the manufacturer’s instructions for additional suggestions about proper cleaning techniques.
How much you can expect to spend on an onion chopper
For $15-$30, you will find basic manual choppers made of plastic with stainless steel blade grids. More powerful choppers with multiple cutting styles cost $30-$60, and for the serious chef who is often chopping large quantities of onions, commercial-grade choppers are $60-$120.
Onion chopper FAQ
Can the onion chopper be used with other vegetables?
A. Most onion choppers are advertised as vegetable choppers. Most vegetables will work with them, but check the manufacturer’s list of recommended vegetables, such as tomatoes, peppers, radishes and carrots. Also, consider whether you want to cut vegetables together or separate each kind of vegetable.
What is the best way to remove the onion smell from the container?
A. Over time, even with regular cleaning, the container can take on a slight onion smell. Try soaking the bowl in vinegar and then rewashing it. This should help remove the onion odor.
Do all onions taste the same?
A. There are many varieties of onions. Popular Valencia, Spanish and yellow onions, for instance, each have a distinct flavor. Use your chopper to taste test them and pick your favorite.
What’s the best onion chopper to buy?
Top onion chopper
Alligator Stainless Steel Chopper
What you need to know: This premium chopper is made from stylish, strong stainless steel and has a stellar reputation.
What you’ll love: The chopper has three interchangeable blades for different types of cutting, including a mincer. The blades are beveled for easy cutting, and the cleanup is easy with dishwasher-safe pieces.
What you should consider: You must turn the cup upside-down to get the onions to come out.
Where to buy: Sold by Amazon
Top onion chopper for the money
What you need to know: This affordable chopper has seven interchangeable blades for cutting onions and other vegetables with ease.
What you’ll love: The 1.2-quart tray holds a lot of chopped onions. The chopper comes with a molded finger guard and a rubber base to prevent slipping. It is dishwasher-safe and can be completely taken apart.
What you should consider: The blades are extremely sharp, so you should be extra careful when using or cleaning it.
Where to buy: Sold by Amazon
Worth checking out
Oxo Good Grips Vegetable and Onion Chopper
What you need to know: The simple push-down design of this chopper makes it easy to cut onions and pour them out without disassembling.
What you’ll love: The stainless steel blade pattern quickly cuts vegetables with one push. The 2.5-cup container pours easily without having to lift the lid. The bottom is rubberized for preventing slips, and the components are dishwasher safe.
What you should consider: Some consumers found it challenging to remove the blades for cleaning.
Where to buy: Sold by Amazon and Macy’s
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Steve Ganger 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/br/kitchen-br/utensils-gadgets-br/best-onion-chopper/ | 2022-05-11T21:26:12Z |
BEIJING, July 15, 2022 /PRNewswire/ -- Shanghai, China's leading trade and shipping hub, remains the third place in the top 20 international shipping centre (ISC20) ranking for 2022 as shown in the 2022 Xinhua-Baltic International Shipping Centre Development Index Report (Xinhua-Baltic ISCDI Report) just unveiled on Monday.
Shanghai is positioned after Singapore and London, and is followed by Hong Kong and Dubai, the 2022 ranking shows.
It is noted that the Xinhua-Baltic ISCDI incorporates three primary dimensions and 16 secondary indicators to evaluate the comprehensive performance of 43 cities worldwide during a given period of time thus concludes its annual list of ISC20.
Specifically, complete ISC20 names such 20 cities as Singapore, London, Shanghai, Hong Kong, Rotterdam, Hamburg, New York-New Jersey, Athens-Piraeus, Ningbo Zhoushan, Tokyo, Houston, Guangzhou, Antwerp-Bruges, Qingdao, Busan, Shenzhen, Copenhagen, Los Angeles, Melbourne, for the top 20 for 2022.
When looked at geographically, ten out of the top 20 are in Asia, six in Europe, three in America and one in Oceania.
The report notes no significant changes compared with last year's ranking due to the stable developemnt of the listed cities in terms of resource agglomeration and allocation capability.
Also, experts' insights on port digitalization and decarbonization, which pose both opportunities and challenges to global shipping industry today, are penned as highlights for this year's report.
In line with the report release ceremony in Shanghai, an online seminar was held with worldwide participance.
Li Jin, Chief Accountant with Piraeus Port Authority S.A. (PPA), a member of China's COSCO Shipping group, and Ilias Salpeas, Managing Director of the Development Organisation of the Municipality of Piraeus, shared their insights on global shipping industry development during the seminar.
Jointly launched by China Economic Information Service and Baltic Exchange in 2014, the Xinhua-Baltic International Shipping Centre Development Index has become a significant and increasingly influential index to evaluate the development of major shipping centres worldwide.
View original content to download multimedia:
SOURCE Xinhua Silk Road | https://www.mysuncoast.com/prnewswire/2022/07/15/xinhua-silk-road-shanghai-remains-3rd-place-isc20-ranking-2022-xinhua-baltic-report/ | 2022-07-15T09:46:47Z |
SINGAPORE, June 9, 2022 /PRNewswire/ -- Global crypto adoption has exploded in recent years, increasing by more than 800% between 2020 to 2021. While the majority of the world has yet to purchase their first NFTs, major brands from fashion, tech, entertainment to gaming are recognizing the significance of the metaverse and taking their first steps into the nascent space.
Gaming titan, Netmarble, has released their first Play-to-Earn games on Klaytn this year — A3: Still Alive and Ni No Kuni: Cross Worlds. Fashion brands such as Gucci, Burberry, Balenciaga and Prada have all launched their own NFT collections, and companies like ALTAVA Group are focused on bringing high fashion into the Metaverse. Asian NFT marketplace East NFT has onboarded popular LGBTQ content from Thai-based Y Series content production houses onto the Klaytn chain.
Aligning with their vision to be the bridge connecting Web2 to Web3, Klaytn Foundation continues to forge key strategic partnerships and collaborations for a Metaverse-as-a-Service model, which will allow Web2 companies, game publishers, content creators and other users to "plug-in" seamlessly into the metaverse.
Speaking on the strategy to transform the Klaytn ecosystem, David Shin, Head of Global Adoption, explained, "We believe that the formation of Web3 will be a collaborative effort. And hence, rather than to build every tool needed by ourselves, we're tapping into the strength of our allies, and hope to create a cohesive metaverse that will allow any companies, content creators and users to easily climb onboard."
With that, Klaytn is thrilled to highlight key partners and collaborators of H1 2022 that will help to pave the way for interoperability, decentralization and smooth exchanges in the Klaytn metaverse.
- Parity Technologies
Parity Technologies is a Web3 software development company that created the Substrate SDK, used to develop the Klaytn-Substrate — a sidechain bridged to Polkadot and Klaytn Mainnet. The Klaytn-Substrate will act as an intermediary environment, where collaborative technological, business case, and community initiatives can combine in interesting and synergetic ways. It acts as "canary network" to safely, efficiently, and quickly capture new use cases, new technologies, and provide the community with more options for building great things within the Klaytn ecosystem. [Read more] - Adgorithmics
Adgorithmics, a Singapore-based AI-enabled e-commerce advertising platform, recently launched an innovative NFT-based incentive and customer loyalty program, called MetaGacha. For every purchase, customers can receive a MetaGacha NFT which can serve as a membership card for exclusive deals, or be used to exchange for vouchers or promotions. Sales agents can also receive NFT for every deal. This can help online merchants to expand their reach and increase sales, while bringing substantial value to customers and agents in the form of NFT. [Read more] - Smart Token Labs
Smart Token Labs is an Australian blockchain company that has built two highly successful open source products. AlphaWallet is the world's first 100% open-source wallet and blockchain apps platform. TokenScript combines token and smart contract logic into a standardized interface, creating "Token Layer" functionality that can be deployed in wallets and on websites. The technology builds a pathway to smart token composability, and addresses issues with trust, interoperability, security, and interface seen with current token transactions. [AlphaWallet; TokenScript] - Soramitsu
Soramitsu is a Japanese fintech company with expertise in developing blockchain-based solutions for digital asset and identity management. They are the developer of and major contributor to the open-source blockchain platform Hyperledger Iroha, digital currency for the National Bank of Cambodia, a closed-loop payment system for the University of Aizu in Japan, an identity verification system prototype for Bank Central Asia in Indonesia, and many more. The team is set to work on implementing the first open-source DEX on Klaytn. [Read more] - Blockchain-based Service Network (BSN)
Klaytn will be establishing an Open Permissioned Blockchain (OPB), the Chongqing Chain, on the Blockchain-based Service Network (BSN), a multi-chain public infrastructure network that aims to be the standard for all blockchain deployments. Through the development of the Chongqing Chain, it would be possible for Klaytn developers to plug in to the China blockchain network, providing an entry into the massive China market, and vice versa for Chinese developers looking to go global. [Read more]
About Klaytn Foundation
Klaytn Foundation is a non-profit organization that was established to accelerate global adoption and ecosystem maturity on Klaytn. The foundation manages the US$500m Klaytn Growth Fund and operates alongside Krust, the holding company for all overseas ventures of internet giant Kakao Corp.
For media enquiries or partnership collaboration opportunities, please contact:
Aaron Koh
Head of Marketing, Klaytn Foundation
Email: aaron.koh@klaytn.foundation
View original content to download multimedia:
SOURCE Klaytn Foundation | https://www.kxii.com/prnewswire/2022/06/09/klaytn-lays-foundation-metaverse-as-a-service-with-key-infrastructure-partners/ | 2022-06-09T09:23:43Z |
PD: 19-year-old arrested at mall after firing 30 rounds in parking lot
CHANDLER, Ariz. (Arizona’s Family/Gray News) - Police in Arizona have arrested a 19-year-old in a shooting incident that occurred at a mall on Monday.
The Chandler Police Department reports Nathaniel Anthony Vensor was taken into custody on Tuesday for allegedly firing 30 rounds while in the Chandler Fashion Center parking lot the night before.
According to court paperwork, Vensor was with two men and his girlfriend Monday night. They went through the mall, with Vensor purchasing a hat from a store before going to their cars in the parking lot.
Arizona’s Family reports that at around 7 p.m., Vensor got a gun from his girlfriend’s car, pointed it at one of the men and demanded jewelry. The man refused and the 19-year-old then fired 30 rounds into the air before driving away.
On Tuesday, Chandler police updated their investigation and said Vensor was taken into custody after he returned to the mall in the afternoon with a friend.
Authorities said they were able to spot the 19-year-old as he was wearing the same hat he had bought on Monday night.
Police said he was unarmed, but they found 30 fentanyl pills when taking him into custody.
According to court documents, police said Vensor appeared high while they were interviewing him and he denied the shooting.
Authorities said Vensor was booked into jail on charges stemming from Monday’s incident that included aggravated assault and unlawful discharge of a firearm.
Copyright 2022 Arizona’s Family via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/03/pd-19-year-old-arrested-mall-after-firing-30-rounds-parking-lot/ | 2022-08-03T03:53:23Z |
Commitment will Empower Outcome to Accelerate Lending Growth across the Portfolio with Current and Future Partners
NEW YORK, Aug. 25, 2022 /PRNewswire/ -- Outcome Group Inc (Outcome), an outcome-based education financing company, today announced it has secured a new debt facility from Variant Investments, LLC (Variant) and its Variant Impact Fund (IMPCX) which will allow Outcome to accelerate the growth of its education lending programs.
Please find more information and important disclosures for Outcome, Variant and IMPCX.
This significant commitment from the impact investing arm of a leading alternative investment manager expands Outcome's ability to support students attending trade schools, bootcamps, and four-year institutions. Outcome offers student-friendly, inclusive, and affordable Income Share Agreements (ISAs) and Deferred Tuition Agreements (DTAs). These financing options directly link repayment with students' career success. Students only repay the obligation if they earn above a predetermined level of income after they leave school. Monthly payments vary with their income, ensuring they are always affordable.
Variant is an alternative investment manager focused on uncorrelated income-generating assets in niche markets and is one of the leading investors in the growing ISA and DTA sectors. The Variant Impact Fund takes that a step further, providing investors with a diversified portfolio of unconventional cash-flowing assets that are aligned with the United Nations Sustainable Development Goals.
"The commitment from Variant is a true vote of confidence in our ability to deliver innovative lending programs for our education partners and their students and drive growth across our portfolio. Outcome-based lending is changing the way students and families finance their education to help them realize their dreams and we are proud to be at the forefront of that transformation," said Outcome CEO Jim Courtland. "We thank Variant and the team for their support and look forward to our work together."
"The Variant team is excited by the recent partnership with Outcome and the opportunity to expand exposure to Access to Quality Education which is a core impact theme within the Impact Fund," said Variant Principal and Co-Founder Bob Elsasser "the experienced Outcome team brings differentiated exposure to the broad impact mandate within IMPCX"
About Outcome Group:
Outcome Group is an education finance company specializing in outcome-based financing solutions. These novel financial tools link the amount a student pays for their education to that student's future earnings. They help schools attract and retain students by making the benefits of education more transparent and the costs of education more affordable and accessible, regardless of an individual's financial circumstances.
Outcome leverages state of the art origination and underwriting capabilities to provide students with cost-effective financing. Outcome partners directly with schools and educators to design, implement, manage, and fund these outcome-based financial solutions.
About the Variant Impact Fund (IMPCX):
The Variant Impact Fund (the "Fund") offers investors efficient access to a diversified portfolio of unconventional income-generating assets aligned with the United Nations Sustainable Development Goals ("UN SDGs"). The Fund invests in niche market opportunities with strong cash flow characteristics and low correlations to public equity and bond markets. The Fund's primary objective is to provide a high level of current income, with capital appreciation a secondary objective. The Fund also seeks to generate positive social and environmental impact by targeting investment opportunities aligned with both the UN SDGs and the Fund's impact investing framework. The Fund intends to invest in a wide range of opportunities across three core impact objectives: (i) financial inclusion; (ii) equitable growth; and (iii) responsible consumption.
To learn more about Outcome Group, please visit www.outcomegroup.org
Ali Fredman, Head of Strategic Partnerships, press@outcome.group
To learn more about the Variant Impact Fund (IMPCX), please visit https://funds.variantinvestments.com/variant-impact-fund/
To learn more about Variant Investments, LLC, please visit www.variantinvestments.com
Ryan Warren, Director of Investor Relations, IR@VariantInvestments.com
An investment in the Variant Impact Fund is speculative, involves substantial risks. The Variant Impact Fund is a continuously-offered, non-diversified, registered closed-end fund with limited liquidity. There is no guarantee the Fund will achieve its objectives. An investment in the Fund should only be made by investors who understand the risks involved, who are able to withstand the loss of the entire amount invested and who can bear the risks associated with the limited liquidity of Shares. A prospective investor must meet the definition of "accredited investor" under Regulation D under the Securities Act of 1933.
In implementing the Fund's impact investment strategy, the Investment Manager may select or exclude certain investments for reasons other than investment performance. For this reason, the Fund's impact strategy could cause it to perform differently compared to funds that do not have such strategy. There is no guarantee that the Investment Manager's definition of impact investing, security selection criteria or investment judgment will reflect the beliefs or values of any particular investor. Currently, there is a lack of common industry standards relating to the development and application of environmental, social and governance (ESG) criteria, which may make it difficult to compare the Funds' principal investment strategies with the investment strategies of other funds that integrate certain "impact" criteria.
Shares are an illiquid investment. You should generally not expect to be able to sell your Shares (other than through the repurchase process), regardless of how the Fund performs. Although the Fund is required to implement a Share repurchase program only a limited number of Shares will be eligible for repurchase by the Fund.
BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, A COPY OF WHICH MAY BE OBTAINED FROM (877) 770-7717 OR WWW.VARIANTINVESTMENTS.COM. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST.
Foreside Fund Services, LLC, distributor.
View original content to download multimedia:
SOURCE Outcome Group | https://www.kxii.com/prnewswire/2022/08/25/outcome-group-announces-commitment-variant-impact-fund-drive-portfolio-expansion/ | 2022-08-25T14:32:55Z |
Four Vietnam War soldiers awarded Medal of Honor
MOUNT PLEASANT, S.C., July 5, 2022 /PRNewswire/ -- The Congressional Medal of Honor Society welcomes former US Army Specialist Five Dwight W. Birdwell, former US Army Specialist Five Dennis M. Fujii, and retired Major John J. Duffy as the newest members of the Congressional Medal of Honor Society.
We offer our deepest condolences and gratitude to the families, friends and those who served alongside Staff Sergeant Edward N. Kaneshiro, who was posthumously awarded the Medal of Honor.
Today's ceremony presented a poignant reminder of the sacrifices of the service members who served with these men, especially those who never made it home. These newest Medal of Honor recipients wear the Medal on behalf of those who were lost and those whose freedom was secured by their sacrifice.
About the Congressional Medal of Honor Society
The Congressional Medal of Honor Society, a 501(c)(3) nonprofit organization, is dedicated to preserving the legacy of the Medal of Honor and its Recipients, inspiring Americans, and supporting the Recipients as they connect with communities across the country.
Chartered by Congress in 1958, its membership consists exclusively of those individuals who have received the Medal of Honor. There are 66 living Recipients.
Learn more about the Medal of Honor and the Congressional Medal of Honor Society's initiatives at cmohs.org.
CONTACT:
Kathleen Blomquist
kblomquist@cmohs.org
View original content to download multimedia:
SOURCE Congressional Medal of Honor Society | https://www.mysuncoast.com/prnewswire/2022/07/05/congressional-medal-honor-society-welcomes-newest-members/ | 2022-07-05T19:30:08Z |
ISTANBUL (AP) — Turkey’s president highlighted the activities of the Kurdistan Workers’ Party as part of his country’s objections to Sweden and Finland joining NATO and said both nations doing so would carry security risks for Turkey.
The group known as PKK has waged a 38-year insurgency against Turkey that has led to tens of thousands of deaths. It is designated a terrorist entity by the United States and the European Union, including Sweden and Finland.
However, the West’s attitude to the PKK’s Syrian wing, the People’s Protection Units, or YPG, has caused acrimony between Ankara and other NATO members. The YPG forms the backbone of the forces involved in the U.S.-led fight against the Islamic State group.
“Turkey maintains that the admission of Sweden and Finland entails risks for its own security and the organization’s future,” President Recep Tayyip Erdogan wrote in an article published by The Economist late Monday.
Referring to the central tenet of NATO’s mutual defense policy, he added: “We have every right to expect those countries, which will expect NATO’s second-largest army to come to their defence under Article 5, to prevent the recruitment, fundraising and propaganda activities of the PKK.”
All NATO members must approve the two Nordic nations’ bids to join the alliance, which were propelled by Russia’s invasion of Ukraine. Turkey has said it won’t allow their accession unless steps are taken, but NATO leaders are looking to the NATO summit in Spain in late June as the chance for the historic expansion.
Erdogan reiterated calls for Finland and Sweden to extradite people Ankara suspects of terrorist activity and to support “the anti-terror operations of NATO members.”
He also said arms embargoes were “incompatible with the spirit of military partnership.”
Sweden and Finland were among countries to impose defense export restrictions on Turkey following its 2019 incursion into northeast Syria that aimed to drive back the YPG. In recent days, Erdogan has promised a further cross-border operation against the group.
The president set out Turkey’s role in “arguably the greatest military alliance in history” since it joined in 1952 and called for other NATO members to persuade Sweden and Finland to change their positions.
“Where Sweden and Finland stand on the national security concerns and considerations of other countries, with which they would like to be allies, will determine to what extent Turkey would like to be allies with those states,” he added. | https://cw33.com/business/ap-business/turkish-leader-writes-on-risks-of-sweden-finland-in-nato/ | 2022-06-01T01:58:46Z |
DALLAS, June 2, 2022 /PRNewswire/ -- OrangeGrid, LLC ("OrangeGrid"), and Timios, Inc. ("Timios") announced a strategic partnership making Timios the preferred provider of title, escrow, valuation and asset management services within OrangeGrid's GridReady default management ecosystem. Additionally, Timios has made a significant equity investment in OrangeGrid to increase distribution capacity, and the companies will collaborate on a number of co-marketing initiatives to accelerate market adoption of the solution. Mortgage servicers who are GridReady customers will be able to seamlessly order title, escrow and valuation products and track fulfillment by Timios through the GridSource vendor management component of the ecosystem.
"The GridReady ecosystem is poised to disrupt default management by making modern workflow technology - which spans the business processes of both mortgage servicers and their vendors – easily accessible and rapidly deployable. Timios is excited to join OrangeGrid at the forefront of the digitization of mortgage servicing, enabling our servicing clients to experience the power of process integration that only OrangeGrid can provide," said Ray Davison, CEO of Timios.
"We're thrilled to welcome Timios as our first GridSource strategic partner and as an investor in our Company. This equity investment will enable us to significantly scale our product delivery resources to meet spiking demand from the rise in default-related activity, and the addition of Timios, a first-rate nationwide provider of title, valuation, asset management, and escrow services, will further enhance the value of GridReady for our mortgage servicing customers," said OrangeGrid CEO Todd Mobraten.
Mortgage servicers interested in learning more about the GridReady ecosystem and the Timios title and escrow services within GridSource should contact Dominic Baglio, SVP of Solutions Management at OrangeGrid (dominic.baglio@orangegrid.com) or Matt Golden, President of Timios (mgolden@timios.com).
About OrangeGrid, LLC
Dallas-based FinTech OrangeGrid is a developer and vendor of no/low code software technologies which improve the operational efficiency and effectiveness of financial institutions and their service providers. Learn more at www.orangegrid.com.
About Timios, Inc.
Westlake, California-based Timios provides a full suite of national title and settlement services, including a robust end to end suite of default services, Loan Modification, Foreclosure, REO Asset Management, BPO, Valuations, and Appraisal. Timios combines a knowledgeable and experienced team with innovative technology to deliver a holistic, best-in-class experience for its customers. With branch offices throughout the nation, Timios' unwavering approach to elevated client service levels has led them to become a preferred choice for many of the nation's top lending firms, as well as one of the fastest growing title and settlement firms in the real estate industry today.
View original content to download multimedia:
SOURCE Timios Holdings Corp. | https://www.kxii.com/prnewswire/2022/06/02/orangegrid-announces-timios-partnership/ | 2022-06-02T20:34:54Z |
VANCOUVER, BC, Aug. 4, 2022 /PRNewswire/ - CycurID Technologies Ltd., ("CycurID" or the "Company"), is pleased to promote their KYC Pricing Packages to all businesses.
CycurID (pronounced "Secure ID") is a cybersecurity company that has developed a proprietary, reusable Personal Identity Management System that allows for the deployment of innovative identity-based applications and solutions that address the extensive shortcomings which currently exist with KYC/AML measures, authentication, ID theft and privacy. CycurID's software incorporates Artificial Intelligence, Biometric Encryption and Zero-Knowledge Protocols with no sharing of personal information as third-party software is not used in the validation and verification process.
Gord Jessop, CycurID Co-founder and COO said, "We believe that the KYC/AML screening process should be affordable for all companies and not be a cash flow killer. The KYC/AML market has evolved to a point where it is an industry unto itself, and the fees most companies are charging are exorbitant. Our KYC/AML solution is automated, secure, continuous and extremely cost effective. Our solution requires a simple API integration and is platform agnostic, meaning that businesses do not have to invest in extra hardware or cloud servers to deploy an effective 2FA or KYC/AML solution."
Jessop's comments reference news and commentary from Binance, which has stated the high costs that Binance and other businesses can incur when trying to meet current KYC/AML compliance and regulatory requirements.
Current KYC/AML providers are not stemming the tide of identity theft, or money laundering. It is estimated that money laundering costs the world economy between 2% to 5% of its GDP and identity theft has become one of the top money laundering trends. Anti-money laundering activities recover only 0.1% of criminal funds indicating that current KYC/AML procedures are ineffective.
"We are aware that rigorous KYC/AML protocols are critical steps in both fiat-based and crypto-based transactions but current solution providers are not solving the problem. CycurID rethinks the entire approach to KYC/AML and is a critical first step in providing a better solution."
CycurID pricing packages are low-cost, ensuring that KYC/AML is affordable for companies of all sizes:
- The Basic package includes: email verification, cell number verification, and liveness verification, along with biometric 2FA (which gives companies passwordless authentication and instant onboarding) all at no cost.
- The Standard package includes everything in Basic plus: Geolocation Fencing, Age Verification, Single Government Issued ID Verification, and Biometric ID verification for $49 USD per month for unlimited user checks.
- The Premium package includes everything in the Standard Package plus two Government-issued ID verifications, address verification, sanction list screening, and full audit trail capabilities (enabling businesses to access the CycurID dashboard and see who, when and what customers are accessing their platform and what checks have been run on them). The Premium Package is $99 USD per month for unlimited user checks.
"Our identity verification and crypto monitoring solutions go well beyond just being KYC/AML tools," Jessop said. "Our technology is a secure, cost-effective step in the overall process and enables businesses to be more proactive."
For more information about CycurID's complete suite of identity solutions, visit our corporate website https://cycurid.com or contact us through our contact page here.
No Offer or Solicitation.
This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any provinces, states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About
CycurID Technologies Ltd is a privately held personal identity management and security software developer based in Vancouver, British Columbia. CycurIDTM has developed proprietary patent pending identity management and privacy software which is available via its consumer app immeTM (I'm me). CycurID is registered with the Chamber of Commerce, Better Business Bureau, WorkSafe BC and with Fintrac as Money Service Business (MSB). CycurIDTM and immeTM are Registered Trademarks of CycurID Technologies Ltd.
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements including without limitation, expected growth and success of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates, opinions or other factors should change.
View original content to download multimedia:
SOURCE CycurID Technologies Ltd. | https://www.wibw.com/prnewswire/2022/08/04/cycurid-disrupts-high-cost-kyc/ | 2022-08-04T14:49:49Z |
Wichita gun store explains customer vetting process
WICHITA, Kan. (KWCH) - Gun sales have been rising since the start of the pandemic. One Wichita gun store owner says while he’s noticed the spike in sales and appreciates the business, not all potential customers walk away with a firearm.
The owner of Range 54, Ken Grommet, says in light of recent events he wants people to know that buying a gun is a multiple-step process that’s not simple. If they have a reason, they will not sell you a gun.
“We can deny somebody for any reason. Everybody has a sixth sense. You have to truth your gut,” says Grommet.
He says the process of buying a gun is not always long, but it is thorough. The forms and background checks required to purchase a firearm at Range 54 ensure a weapon doesn’t end up in the wrong hands. Grommet says this is standard practice for most Wichita gun stores.
“A background check is conducted to see if you can legally have the firearm. If that comes back to us, we can sell the gun, and you can walk out,” said Grommet. “If it’s delayed, the FBI wants to investigate that person further. If it’s denied, they can’t have a firearm at all.”
Range Manager, Matt Reichle, expressed that even if someone passes their background check, the employees can use their best judgment and refuse a purchase.
Reichle says, “most of the time, we deny someone a gun because we smell something on them. It could be alcohol, illicit drugs, or maybe their behavior doesn’t seem right. We want to ensure the gun won’t be used for the wrong reason.”
Employees will also deny someone a gun sale if they believe the purchase is not for themselves.
“That person might be buying for someone else. We won’t let that happen. Tragedies throughout the country happen because somebody bought a gun and gave it to somebody else. No one wants that on their hands.” said Grommet. “If a customer wants a specific gun but doesn’t know anything about it, that tells me they’re trying to buy the gun for somebody else.”
Grommet hopes people understand when they come into Range 54 or any other Wichita gun store, they expect to be vetted because guns aren’t toys.
Copyright 2022 KWCH. All rights reserved. | https://www.wibw.com/2022/07/08/wichita-gun-store-explains-customer-vetting-process/ | 2022-07-08T15:55:28Z |
TUCSON, Ariz., June 24, 2022 /PRNewswire/ -- The Missile Defense Agency has selected Raytheon Missiles & Defense, a Raytheon Technologies business (NYSE: RTX), to continue to develop a first-of-its-kind counter-hypersonic missile, the Glide Phase Interceptor. GPI is designed to intercept hypersonic weapons in the glide phase of flight, providing the U.S. and allies with an additional layer of defense against regional hypersonic missile threats.
This firm fixed price Other Transaction Agreement modification, valued at $41 million, increases the total value to $62 million and allows Raytheon Missiles & Defense to continue maturing its GPI design using advanced materials and technology required to intercept a hypersonic threat. This phase will also finalize systems requirements and support accelerated development timelines.
"Our GPI is built on proven missile defense technology as its foundation," said Tay Fitzgerald, president of Strategic Missile Defense at Raytheon Missiles & Defense. "By using digital engineering and leveraging high technology readiness level components and subsystems already in use across Standard Missile and hypersonic programs, we can quickly advance the creation of this new interceptor."
Raytheon Missiles & Defense is leveraging mature technologies from across the current portfolio to create efficiencies, reduce qualification time and demonstrate the GPI capability as quickly as possible.
Raytheon Technologies' missile defense portfolio combines sensors, interceptors and command and control networks to track and defeat a wide range of threats. With more than 50 years of combat proven interceptor development, integration, and production experience, the company is responsible for portions of nearly every air and missile defense system deployed by the U.S. and its allies. By evolving its missile interceptors, directed energy and cyber technologies, Raytheon Technologies is advancing counter-hypersonic solutions.
The information contained in this news release reflects the views of Raytheon and does not imply endorsement by the Missile Defense Agency.
For questions or to schedule an interview, please contact:
Kevin Donovan
rmdpr@rtx.com
About Raytheon Missiles & Defense
Raytheon Missiles & Defense brings global customers the most advanced end-to-end solutions delivering the advantage of one innovative partner to detect, track, and intercept threats. With a broad portfolio of air and missile defense systems, precision weapons, radars, command and control systems and advanced defense technologies Raytheon Missiles & Defense solutions protect citizens, warfighters and infrastructure in more than fifty countries around the world.
About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company was formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses.
View original content to download multimedia:
SOURCE Raytheon Missiles & Defense | https://www.kxii.com/prnewswire/2022/06/24/mda-selects-raytheon-missiles-amp-defense-continue-developing-first-of-its-kind-counter-hypersonic-missile/ | 2022-06-25T00:08:36Z |
Educating & Empowering Individuals to Make Impactful Changes in their Own Yards
NEW YORK, June 27, 2022 /PRNewswire/ -- Tilly, the personalized online landscape design service that creates custom landscape design plans for homeowners nationwide and the nation's leading conservation organization, National Wildlife Federation, have teamed up to help homeowners across the country easily design sustainable landscape plans for their yards.
Tilly reaches thousands of eager homeowners a year through their online landscape design services. Sustainability has always been a key focus, but through this strategic alignment the National Wildlife Federation will provide additional in-depth training to Tilly's landscape designers and landscape architects. Tilly's team is composed of designers who live across the country and handle projects remotely in their given regions. The training sessions will focus on regional issues, including native plants, invasive species, water conservation, biodiversity, maintenance best practices, among many other topics.
Tilly's direct communication with homeowners will be used to educate and empower homeowners to make positive sustainable decisions in their own yards, extending National Wildlife Federation's mission further. Through this strategic collaboration, Tilly will make it easier for homeowners to incorporate the National Wildlife Federation's Certified Wildlife Habitat™ requirements in their residential landscape design.
"People want to know what actions they can take to confront climate change and support wildlife where they live." said Carey Stanton, Head of Innovation and Partnerships for the National Wildlife Federation. "Together we can take the guesswork out of sustainable gardening practices and foster a meaningful connection with nature around you."
Studies on the National Wildlife Federation's Certified Wildlife Habitat™ yards show increases in biodiversity, sequestering carbon and water conservation when compared to yards without habitat elements. Their certification standards include native plants and wildlife habitats for all types and sizes of yards. Tilly's designs will incorporate the National Wildlife Federation's mission, goals and extensive research into their design practices.
The National Wildlife Federation will be Tilly's primary non-profit partner through their 1% for the Planet commitment, where the company contributes 1% of annual sales to support approved environmental nonprofits around the globe.
"Our designers are working with and educating thousands of homeowners every year so we have an opportunity to make a meaningful impact through our work," said Alexis Sutton, Co-Founder and President of Tilly. "One million acres of wildlife habitat are lost to suburban development every year, meaning homeowners can make a difference by making sustainable choices in their own space."
Tilly's easy online design process works to take the intimidation out of the landscape world. For design, Tilly's customers purchase a front, back or full yard package. The deliverable includes an aerial planting plan and plant schedule with the plant names, sizes and quantity. This partnership also complements the National Wildlife Federation's recently launched Native Plant Collections which are available to ship directly to homeowners to jump start their habitat gardens.
Tilly is a female-founded, online landscape design company servicing the USA and Canada. Tilly matches homeowners with professional landscape designers and creates custom plans for their yards. Tilly is a proud member of 1% for the Planet with a strong commitment to taking responsibility for the health of the planet. Learn more at tillydesign.com and Instagram.
The National Wildlife Federation is America's largest and most trusted conservation organization, uniting all Americans to ensure wildlife thrive in a rapidly changing world. Follow them on Facebook, Twitter, and Instagram.
View original content:
SOURCE National Wildlife Federation | https://www.mysuncoast.com/prnewswire/2022/06/27/tilly-national-wildlife-federation-team-up-create-sustainable-designs-homeowners-across-country/ | 2022-06-27T16:14:56Z |
Trump’s candidate will win in West Virginia House primary but fall short in Nebraska gubernatorial contest, CNN projects
By Maeve Reston, CNN
Former President Donald Trump’s candidates had mixed success in Republican primaries in West Virginia and Nebraska Tuesday night, underscoring the complicated dynamics between the de facto leader of the GOP and voters who support him but don’t always back his candidates.
West Virginia Rep. Alex Mooney, who made Trump’s endorsement the centerpiece of his campaign in the first incumbent vs. incumbent primary of the year, will win the GOP nomination for the state’s 2nd Congressional District, CNN projects. But Nebraska Republican Jim Pillen, a hog farmer and University of Nebraska Board of Regents member who ran with the support of term-limited Gov. Pete Ricketts, will defeat a Trump-backed candidate for the state’s GOP gubernatorial nod, CNN projects.
Trump had backed Charles Herbster, a businessman, farmer and rancher who is facing allegations of sexual misconduct, which he has denied. The former President traveled to the state earlier this month to defend Herbster at a rally, claiming that he was a “fine man” who “had been badly maligned.”
Trump’s influence has been felt throughout May’s GOP primaries as candidates clamor for his support, especially after his pick won in the Ohio Senate race last week. The candidates he backed in Tuesday’s marquee contests stood beside him throughout his baseless campaign to raise doubts about the 2020 presidential election.
Mooney, a former Maryland state senator, had faced six-term Rep. David McKinley after the Mountain State lost a district in the post-census reapportionment process.
West Virginia, a state Trump has twice won overwhelmingly, tested the significance of his support. Mooney had won Trump’s endorsement in part because he objected to the Pennsylvania electoral count as Congress was certifying Joe Biden’s 2020 victory.
Speaking on Tuesday night, Mooney touted the importance of the former President’s endorsement and said he might have to interrupt his victory speech at any moment to take a call from Trump.
“Donald Trump loves West Virginia and West Virginia loves Donald Trump,” Mooney said. He nodded to Democratic Sen. Joe Manchin’s backing of McKinley, which had included an ad the senator cut attacking Mooney. “We won anyway,” Mooney said.
Mooney teased a potential bid for US Senate against Manchin, who’s facing reelection in 2024. “This is the second time Joe Manchin has done a TV ad attacking me. I’m 2-for-0 against him. Maybe I should make it 3-and-0,” he said to cheers.
McKinley had voted to certify Biden’s win and had backed the formation of an independent commission to investigate the January 6, 2021, insurrection — an effort that was ultimately spiked in the Senate but nonetheless earned Trump’s wrath. He also supported the $1.2 trillion bipartisan infrastructure law, which Trump railed against.
Mooney, who was first elected to the House in 2014, had attacked McKinley as “a liberal” for supporting that bipartisan legislation, but there was no subtlety in his ads as he touted the former President’s endorsement.
One of them framed as a “MAGA Alert” accused McKinley of supporting “(House Speaker Nancy) Pelosi’s anti-Trump, January 6th witch hunt.” And a radio ad running throughout the district in the closing days featured Trump calling Mooney “a warrior.”
Mooney described his victory on Tuesday as a win against Pelosi and government officials who he said had overreached with mask and Covid-19 protocols.
Besides Manchin, who had praised McKinley for opposing “reckless spending” that could harm the people of his state, the congressman had the backing of Republican Gov. Jim Justice, a former Democrat who switched his party registration to the GOP in 2017.
McKinley had attacked Mooney as a newcomer to the state who did not grasp the depth of its concerns, drawing attention to the fact that Mooney had moved to the state in the last decade from Maryland, where he had chaired the state GOP.
Manchin alluded to that carpetbagger attack in the ad, stating that Mooney and his “out-of-state supporters” were spreading the “outright lie” that McKinley supported Biden’s Build Back Better plan, which Manchin had killed, citing concerns about the inflation and spending.
“Alex Mooney has proven he’s all about Alex Mooney. But West Virginians know David McKinley is all about us,” Manchin said in the ad.
Nebraska governor’s race
Heading into Tuesday, Trump’s candidate had been in a tight three-way race against Pillen and state Sen. Brett Lindstrom.
While Trump won the state with 58% of the vote to Biden’s 39% in 2020, Ricketts had endorsed Pillen as the candidate who should succeed him and had actively campaigned against Herbster, whom he had described as being unqualified for the job. Recent interviews in the state suggest that the popular governor’s backing could carry as much, if not more, weight for many of the state’s GOP voters than Trump’s endorsement.
Herbster had been contending with the fallout from a mid-April report in the Nebraska Examiner detailing the accounts of seven women who said they were groped by him at political events or beauty pageants, and an additional woman who accused him of kissing her forcibly. The Examiner said that all eight accounts were corroborated either by witnesses or people who spoke to the women about what happened immediately afterward.
Herbster dismissed the allegations in an interview with CNN as a “politically timed smear” and said they were “100% false.” Adopting the aggressive tactics that Trump championed during his own controversies, Herbster sued his first named accuser, Republican state Sen. Julie Slama, who said Herbster sexually assaulted her by reaching up her skirt and touching her without consent at a 2019 GOP dinner. In the lawsuit, he alleged that her statements have done “grievous harm to his reputation” and she filed a countersuit.
As part of his defense, Herbster claimed that his opponents were using the same playbook that they used against Trump in the 2016 campaign and then-Supreme Court nominee Brett Kavanaugh in 2018. Both men were accused of sexual assault — allegations they denied.
This story has been updated with additional information.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/05/10/with-trumps-backing-west-virginia-rep-alex-mooney-will-win-first-incumbent-vs-incumbent-primary-cnn-projects/ | 2022-05-11T05:26:18Z |
The combination will deliver a full Source-to-Pay procurement journey tailored for the needs of midmarket organizations
LONDON , June 1, 2022 /PRNewswire/ -- Unit4, a leader in enterprise cloud applications for mid-market people-centric organizations, has today entered into a definitive agreement to acquire Scanmarket, a global vendor of cloud Source-to-Contract software. With Scanmarket, a privately-held company founded in 1999 and headquartered in Denmark, Unit4 will now be able to provide organizations with a unified Source-to-Pay journey, building on its existing ERP and Procure-to-Pay (P2P) offerings.
Scanmarket's suite of solutions extends Unit4's transactional procurement functionality (P2P), with the acquisition bringing additional capabilities in strategic procurement including sourcing, spend analytics, supplier management and contract lifecycle management. Customers include Emirates Flight Catering, NatWest, ISS Facility Services, MacMillan Cancer Support and Kärcher.
As the Office of the CFO has moved beyond the back office due to expansion in functional remit, increasing demands for analysis and planning, and the ability to drive greater business value, process automation and data-driven insights provide further control and understanding of company operations. This happens through a single lens, with a view to optimizing resources, delivering greater employee efficiency and satisfaction through intuitive, purpose-built technology, and driving performance optimization.
As well as supporting Unit4's growth ambitions, this deal marks a significant investment in the company's ERP solution, and will enable customers to gain deeper insight into their spend, to manage suppliers and contracts better and realise savings on procurement, with an enhanced customer experience.
Mike Ettling, CEO, Unit4, said, "We are delighted to have added Scanmarket to the Unit4 portfolio. Their market-leading global strategic procurement capabilities and cloud-based solutions are trusted by 324 customers, across more than 85 countries, and have received strong recognition from industry analysts, such as Gartner, Info-Tech Research Group and SpendMatters. As well as a great technology fit, both organisations are culturally similar in that we have developed our solutions with users and people at the centre of what we do, so we are excited to welcome the Scanmarket team to Unit4."
Betina Nygaard, CEO of Scanmarket added "Scanmarket is all about people so, when considering this deal, finding a buyer who is a cultural match was of the utmost importance. People centricity is also key to Unit4 and, not only that, the company shares our core values.
Our team has been fundamental in getting us to where we are today, and Unit4 clearly recognizes the quality and skills of our colleagues. In addition, both companies are focused on digitalisation and, in the case of Scanmarket, centred on transforming the procurement function through best of breed source-to-contract capabilities while effectively managing governance, risk and compliance. The combination of Unit4 and Scanmarket will deliver a comprehensive Source-to-Pay solution and bring added value for midmarket and enterprise organizations across both upstream and downstream procurement. "
The terms of the deal were not disclosed.
Unit4's next-generation enterprise solutions power many of the world's most people-centric mid-market organizations. Our state-of-the-art cloud platform, ERPx, brings together the capabilities of Financials, Procurement, Project Management, HR and FP&A onto a unified cloud platform that shares real-time information and is designed with a powerful, people-centric approach, so employees can benefit from better insight and become more effective and increasingly engaged. It supports rapid and continuous change while delivering individualized fit for customers at scale, delivering the right tools to unify the processes across their organization, and connect their people. Unit4 serves more than 6,000 customers globally including, Bravida, Havas, Migros Aare, Americares, Save the Children International, Action against Hunger, Metro Vancouver, Forest Research, Southampton City Council, Selkirk College, FTI Consulting, and Surrey County Council.
For more information please visit https://www.unit4.com/, follow us on Twitter @Unit4global, or visit our LinkedIn page
Scanmarket is a source-to-contract (S2C) software provider that develops advanced functionalities in an effortless design. Our S2C solution is attuned to meet the needs of procurement, legal, and finance professionals with applications for strategic sourcing, contract lifecycle management, and third-party risk management. We take ownership of customer success with experts at your fingertips to drive user adoption. Digitalize your business with technology that is built to be used. Read more at scanmarket.com
Verdane is a specialist growth equity investment firm that partners with tech-enabled and sustainable European businesses to help them reach the next stage of international growth. Verdane can invest as a minority or majority investor, either in single companies or through portfolios of companies, and looks to deploy behind three core themes; the Digital Consumer, Software Everywhere and Sustainable Society. Verdane funds hold over €4 billion in total commitments and have made over 135 investments in fast-growing businesses since 2003. Verdane's team of over 100 investment professionals and operating experts, based out of Berlin, Copenhagen, Helsinki, London, Oslo and Stockholm, is dedicated to being the preferred growth partner to tech-enabled and sustainable businesses in Europe.
More info: www.verdane.com
Follow Verdane on LinkedIn
Media Contact:
Lisa Stassoulli
Global Communications Manager, Unit4
Mobile: +44(0)7870 916827
Lisa.Stassoulli@unit4.com
View original content to download multimedia:
SOURCE Unit4 | https://www.kxii.com/prnewswire/2022/06/01/unit4-announces-acquisition-scanmarket/ | 2022-06-01T08:37:39Z |
With top international speakers and the support of the King of Spain
- International experts such as Jeffrey Sachs, Michio Kaku, Uri Levine, Carlo Ratti, outline the key features of the mobility of the future.
- Some of the top representatives and decision-makers intervening are Adina Valean, EU Transport Commissioner; Young Tae Kim, President of the ITF; Eric-Mark Huitema, head of European car makers association (ACEA); Patrick Mallejaq, head of the World Road Association and Pedro Sánchez, President of the Spanish Government.
MADRID, June 14, 2022 /PRNewswire/ -- The Minister of Transport of Spain, Raquel Sánchez, and José Vicente de los Mozos, Chairman of IFEMA MADRID, opened Global Mobility Call today in Madrid. The congress will showcase major international mobility solutions and will bring together all stakeholders with the goal of boosting decarbonization, connectivity and digitalisation, building on the opportunities offered by post-pandemic recovery plans.
Spain is committed to leading the global race for sustainable mobility by convening all economic sectors and institutions driving the transformation of mobility. This is the goal of Global Mobility Call, the world congress on sustainable mobility organised by IFEMA MADRID and Smobhub, and sponsored by the Spanish Ministry of Transport, Mobility and Urban Agenda, that takes place in Madrid until 16 June.
The Minister of Transport, Mobility and Urban Agenda, Raquel Sánchez, said that Global Mobility Call "is set to become the first reference point for the mobility of the future", at a time when it is essential "to share ideas and experiences in pursuit of a sustainable mobility that will allow us to face the colossal challenge posed by climate change and that requires everyone's efforts ".
The Chairman of IFEMA MADRID, José Vicente de los Mozos, said that the goal of Global Mobility Call is "set to be the world landmark event in sustainable mobility" and "the top business platform for projects that will transform sustainable mobility" driving join initiatives among all sectors, institutions, regulators, companies, SMEs and entrepreneurs.
Juan José Lillo, co-founder of Smobhub, recalled that "new social habits and digitalisation have quadrupled the movement of people and goods globally", accelerating the transformation of transport, a sector that is in the spotlight due to the need to achieve the national decarbonization targets under the Paris climate Agreement. "At Global Mobility Call, we have created an agenda that emphasises the word Call in its name, which is a call to action", he said.
The meeting, held at a key moment of post-pandemic recovery and in the midst of an energy crisis, will drive the sustainable mobility debate as the great lever for change in the new economy, bringing together large companies, corporations and multinationals from the industrial sectors that are active in the development of sustainable mobility. Some of the companies present are Bolt, Cabify, Europcar Mobility Group, Iberia, Renfe, Adif, Renault Group - Mobilize, Etra, Indra, Net4things, Accenture, Deloitte, EY, and McKinsey & Company; Iberdrola, Repsol and ProLogium; Santander Consumer Finance or Mapfre.
Strong institutional support comes from King Felipe of Spain, who chairs the Congress' honorary committee, the Spanish Government, with the participation of President Pedro Sánchez and the Ministers of Transport and Mobility, Raquel Sánchez, and of Ecological Transition, Teresa Ribera, as well as international institutional representatives such as Adina Valean, Commissioner for Transport of the European Commission; Young Tae Kim, President of ITF; Eric-Mark Huitema, President of ACEA; Patrick Mallejaq, Secretary General of PIARC; and representatives of POLIS, WWF, WHO and IDB.
Michio Kaku, Uri Levine, Jeffrey Sachs, Carlo Rati, will feature, as well as some of the best European and international public-private collaboration projects in the context of the European Recovery Plan, such as PAsCAL, Gaia-X, One Planet Cities, SMarta, 5G-MOBIX EU, and major research such as AIL: Automotive Innovation Lab, Renewables Now, Center for Future Mobility and es.movilidad.
Global Mobility Call is organized around the key mobility challenges: New Urban Planning, Economic Development & Regulation, Sustainable Transportation, Tech, Data & Innovation, and Future Society, which integrates three major movements with an impact on society: New Generation, Rural Challenge, and New Economy. In addition, there will also be a forum dedicated to Latin America.
Image : https://mma.prnewswire.com/media/1839622/Global_Mobility_Call.jpg
Logo: https://mma.prnewswire.com/media/1706777/Global_Mobility_Call_Logo.jpg
View original content to download multimedia:
SOURCE Global Mobility Call | https://www.kxii.com/prnewswire/2022/06/14/world-congress-sustainable-mobility-global-mobility-call-kicks-off-madrid/ | 2022-06-14T17:28:37Z |
SÖDERTÄLJE, Sweden, July 28, 2022 /PRNewswire/ -- With both war in Ukraine and an ongoing pandemic, the turbulent external environment is continuing. Rising inflation and increased interest rates are also adding to the uncertainty. Despite this, economic activity is still high.
Summary of the first six months of 2022
- Net sales were unchanged compared to the previous year and amounted to SEK 74,690 m. (74,776)
- Operating income decreased by 42 percent to SEK 5,651 m. (9,733)
- Operating margin amounted to 7.6 percent (13.0)
- In the second quarter of 2022, net sales increased by 2 percent to SEK 39,933 m. (39,068), operating income decreased to SEK 3,044 m. (5,076) and operating margin amounted to 7.6 percent (13.0)
Comments by Christian Levin, President and CEO
"With both war in Ukraine and an ongoing pandemic, the turbulent external environment is continuing. Rising inflation and increased interest rates are also adding to the uncertainty. Despite this, economic activity is still high. We see this both in demand for our solutions but also in the utilisation of the existing vehicle fleet.
"However, as in the first quarter, this strong demand is not reflected in the order intake. With already large order books and long delivery times due to component shortages and the production transition to our new powertrain range, we have continued to be restrictive in the placing of orders. The global component shortage has persisted but eased somewhat towards the end of the second quarter. Our efforts to find solutions throughout the supply chain to stabilise the flow, has gradually improved production output, although outbound transport capacity has been increasingly challenging in the second quarter.
"During the second quarter, truck deliveries decreased by 25 percent while bus and coach deliveries increased by 36 percent. Within Power Solutions, deliveries increased by 13 percent. The service business is still strong and revenue in local currency increased by 13 percent. In Financial Services, the underlying business is strong. Both our vehicle-related and financial services help to balance profitability in periods of lower vehicle deliveries.
"Scania's earnings were negatively affected by lower vehicle volume and increased cost of input goods, weaker capacity utilisation in production due to component shortage and by revalued assets and provisions for bad debt made due to the developments in Ukraine and Russia.
"In Ukraine, our operations are in full swing with all workshops, except for two, open for customers. Recently, a new Scania workshop was inaugurated outside of Kyiv. The fact that we are present locally to support the Ukrainian society with transport services and logistics is of course incredibly important.
"Despite the difficult circumstances, we are continuing to drive the shift. In line with our electrification plan, where at least one new electric vehicle application will be introduced annually, we recently launched complete BEV-based solutions for regional long-haul operations. This opens up opportunities to operate electric trucks for a vast number of different customers in the transport industry ecosystem.
"The lessons we are learning through the development collaborations with some of our most innovative customers are paving the way for the upcoming introductions in our electrification plan. In Boliden's mines, the 74-tonne battery electric truck for heavy transports is now in operation, as well as SCA's battery-powered truck for timber transports with capacity of up to 80 tonnes total weight.
"The second quarter was also the starting point for a collaborative product development partnership with Einride, the Swedish freight technology company, a leading provider of digital, electric and autonomous shipping solutions. Involving 110 trucks, it is the largest order of heavy duty electric vehicles to date for Scania in Europe.
"For the transport tasks where the combustion engine is still the best or the only solution, our new Scania Super has proved itself – both by being named 'Green Truck 2022', and also as the winner in Germany's 1000 points comparison test. These are excellent proof points of Scania's position of strength and the customer benefit we deliver with our solutions."
Contact persons
Susanna Berlin
Acting Head of Corporate Communications
Tel. +46 8 553 861 12
Mobile +46 70 086 05 02
Erik Bratthall
Corporate Public and Media Relations manager
Tel. +46 8 553 801 51
Mobile +46 76 724 45 27
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE Scania | https://www.mysuncoast.com/prnewswire/2022/07/28/scania-interim-report-january-june-2022/ | 2022-07-28T07:58:35Z |
A look at what’s happening around the majors on Sunday:
___
HALL OF A DAY
David Ortiz will certainly hear loud chants of “Big Papi!” as he’s enshrined in the Hall of Fame during induction ceremonies at Cooperstown, New York.
Ortiz hit 541 home runs in 20 big league seasons and helped the Boston Red Sox win three World Series championhips.
Joining Ortiz on stage will be three-time batting champion Tony Oliva and 283-game winner Jim Kaat.
Also getting their due on induction day are: Dodgers great Gil Hodges, who managed the New York Mets to their first World Series title in 1969; Minnie Miñoso, a star with the Chicago White Sox in the 1950s; Buck O’Neil, who played for the Kansas City Monarchs in the Negro Leagues and was a tireless advocate for the game; and Bud Fowler, a pioneering Black player who grew up in Cooperstown in the 1860s and played in more than a dozen leagues.
ALL-STAR SANDY
Marlins ace Sandy Alcantara makes his first start since an impressive showing in the All-Star Game.
The 26-year-old righty faces the Pirates at PNC Park. He is 9-4 and his 1.76 ERA is second in the majors to Tampa Bay’s Shane McClanahan at 1.71.
On Tuesday night at Dodger Stadium, Alcantara pitched a perfect second inning. He struck out Giancarlo Stanton and Byron Buxton — in their next at-bats against Tony Gonsolin, they hit back-to-back home runs that powered the AL to a 3-2 win.
BACK TO BUSINESS
Clayton Kershaw faces a familiar foe when he starts against the Giants at Dodger Stadium.
The longtime Los Angeles ace is 24-15 with a 1.91 ERA vs. San Francisco in 53 games, 51 of them starts — that’s the team he’s seen the most often in his career.
Kershaw (7-2, 2.13) started the All-Star Game last Tuesday in his home park. He drew a lot of attention and did a live TV interview just moments before throwing his first pitch. Kershaw gave up a first-pitch single to Shohei Ohtani, then picked him off first base, and struck out Aaron Judge while working a scoreless first inning.
SAY WHAT?
Yankees lefty Nestor Cortes provided a fun, running commentary on his pitching during the All-Star Game when he was on a microphone with catcher Jose Trevino and the Fox announcers while on the mound.
Cortes and Trevino, his Yankees teammate, talked about what pitches were coming, working around a walk and a hit batter in a scorless sixth inning.
Known for his tricky motions, Cortes (7-3, 2.63 ERA) won’t be giving away any secrets when he starts against Baltimore at Camden Yards.
WORTH WATCHING
The series finale for this weekend’s Guardians-White Sox series in Chicago features an intriguing matchup of tough right-handers.
Dylan Cease (9-4, 2.15 ERA) is in the middle of a breakout season for the White Sox, going 5-1 with a sparkling 0.65 ERA in his past seven starts. He worked seven innings of one-hit ball in an 11-0 victory at Minnesota in his last outing before the All-Star break.
Shane Bieber (4-5, 3.24 ERA) gets the ball for Cleveland. The 2020 AL Cy Young Award winner tossed a three-hitter in a 4-1 victory over the White Sox in his last start on July 12.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/leading-off-big-papi-takes-center-stage-at-hall-inductions/ | 2022-07-24T12:31:35Z |
Multi-state health system leverages Tecsys Elite™ Healthcare's clinically integrated supply chain software to gain data-driven insights, helping to drive down on-hand inventory value by over $1 million.
ANAHEIM, Calif. and MONTREAL, Aug. 8, 2022 /PRNewswire/ -- Tecsys Inc. (TSX: TCS), an industry-leading supply chain management software company, is pleased to announce that Sanford Health, one of the largest health systems in the United States, has successfully leveraged its Tecsys Elite™ Healthcare supply chain platform to attain benchmark preference card accuracy and execute continuous optimization across sterile processing operations. Through its implementation of Tecsys' clinically integrated supply chain solution, Sanford Health has been able to automate and systemize data capture, close the data loop on preference card picking cycles, eliminate redundant processes and rationalize millions of dollars in on-hand inventory over time.
Sanford Health has operations in 26 states, includes 46 hospitals, and provides over 120,000 surgeries annually. Over the last seven years, Sanford Health has progressively leveraged Tecsys software in its operational and clinical areas to address the increasing complexity and curbed margins in the healthcare supply chain; by employing the flexible Tecsys platform, Sanford Health has been able to proactively streamline intra-facility logistics and improve supply utilization across key areas within the health system's perioperative practice.
Surgical Services leadership at Sanford Health is undergoing a multi-year initiative aimed at rooting out operational inefficiencies, optimizing resources, and controlling non-value-added spend by leveraging data insights afforded to them by Tecsys software and technology, citing Tecsys' analytics engine as the data-driven validation for clinically integrating optimization efforts.
"We are using the data that Tecsys generated over time to guide progressive optimization of our preference cards, and we far exceeded even our own internal targets. In arthroscopy, for example, we were hovering at about 63% accuracy. We set an accuracy target of 80%, and within the year we were sustaining a 92% average, hitting as high as 98%, which is simply unheard of in orthopedics," explains Susan Pfeifer, director of Sterile Processing at Sanford Health.
Tecsys' Elite™ Healthcare provides automated demand capture, item-level documentation and unitary traceability from receipt into inventory to utilization. Elite™ Healthcare automates the management of critical specialty items used in any procedural areas to eliminate time-consuming, manual processes and provide real-time tracking of product movement and usage across the front line of service.
"With Tecsys, we're able to drill down to measure supply utilization by campus, by physician, by procedure, run the data, fine-tune and repeat," continues Pfeifer. "We've already seen nearly $4 million in one-time inventory savings and surgical supply optimization across disciplines, not to mention the labor and productivity gains in case picking and reverse case picking time."
"Supply chains work best when they are both performant and in the background, and that is what Tecsys enables us to do," explains Seth Adkins, Surgical Services Business Manager at Sanford Health. "When leadership across departments look at the financial and operational returns on a project like this and say, 'All of this work happened, and we didn't even know it,' we can be confident in expanding the scope and building on these successes."
"The healthcare supply chain is unlike that in any other industry," adds Bill King, chief revenue officer at Tecsys. "For most hospitals, the parties and processes required to get a product from the manufacturer to the point of use are many and varied, resulting in high costs and significant waste. We are delighted that Sanford Health has seen such benefit by leveraging Tecsys' healthcare supply chain platform to turn data and analytics into bottom-line value. It is a tremendous journey and we are so pleased to be by their side as our engagement deepens for even more value generation."
Stay up to date with the latest news from Tecsys on LinkedIn, Twitter and Facebook.
About Sanford Health
Sanford Health, one of the largest health systems in the United States, is dedicated to the integrated delivery of health care, genomic medicine, senior care and services, global clinics, research and affordable insurance. Headquartered in Sioux Falls, South Dakota, the organization includes 46 hospitals, 1,500 physicians and more than 200 Good Samaritan Society senior care locations in 26 states and 10 countries. Learn more about Sanford Health's transformative work to improve the human condition at sanfordhealth.org or Sanford Health News.
About Tecsys
Tecsys is a global provider of supply chain solutions that equip the borderless enterprise for growth. Organizations thrive when they have the software, technology and expertise to drive operational greatness and deliver on their brand promise. Spanning healthcare, retail, service parts, third-party logistics, and general wholesale high-volume distribution industries, Tecsys delivers dynamic and powerful solutions for warehouse management, distribution and transportation management, supply management at point of use, retail order management, as well as complete financial management and analytics solutions. Tecsys' shares are listed on the Toronto Stock Exchange under the ticker symbol TCS. For more information on Tecsys, visit www.tecsys.com.
View original content to download multimedia:
SOURCE Tecsys Inc. | https://www.kxii.com/prnewswire/2022/08/08/sanford-health-achieves-90-preference-card-accuracy-with-tecsys-software/ | 2022-08-08T12:39:00Z |
Summary Q2 2022 Results1
- Revenue of €2,535 million, representing growth of 17.3% year-over-year in constant currency, driven by strong growth across all segments.
- Adjusted EBITDA increased 8.3% year-over-year in constant currency as certain one-time items, discussed below, and a rebound in lower-margin merchandising revenue, impacted EBITDA growth rates relative to revenue.
- Recorded Music top sellers represented a geographically diverse set of artists including BTS, King & Prince, Rammstein, Olivia Rodrigo and INI, while Music Publishing benefited largely from growth in subscription and streaming revenue and Merchandising and Other saw a strong rebound in touring revenue.
Summary H1 2022 Results1
- Revenue of €4,734 million, representing growth of 16.9% year-over-year in constant currency, driven by strong growth across all segments.
- Adjusted EBITDA increased 11.0% year-over-year in constant currency as certain one-time items, discussed below, and a rebound in lower-margin merchandising revenue, impacted EBITDA growth rates relative to revenue.
- Net cash provided by operating activities before income tax paid of €605 million compared to €470 million in H1 2021.
- Interim dividend of €435 million, or €0.24 per share.
HILVERSUM, The Netherlands, July 27, 2022 /PRNewswire/ -- Universal Music Group N.V. ("UMG" or "the Company") today announced its financial results for the second quarter and half year ended June 30, 2022. A detailed financial review and financial statements are available on our investor relations website at investors.universalmusic.com.
Sir Lucian Grainge, UMG's Chairman and CEO, said, "Our strong performance across diversified revenue streams is fuelled by the successful partnerships we've formed with our artists—both new and established—in markets around the world. The widespread growth we are producing throughout UMG demonstrates that our strategy is progressing as planned, underscoring the strength and resilience of our business and our ability to deliver for our artists and our shareholders alike."
"We're driving incremental revenue and EBITDA through a range of compelling monetization opportunities, which in turn enables us to thoughtfully reinvest in the business's long-term growth", said Boyd Muir, UMG's EVP, CFO and President of Operations.
UMG Results
Q2 2022 Results
Revenue for the second quarter of 2022 ("Q2 2022") was €2,535 million, an increase of 25.4% year-over-year, or 17.3% in constant currency. UMG's Recorded Music, Music Publishing and Merchandising and Other segments all had strong revenue growth, as discussed further below.
EBITDA for the quarter grew 18.7% year-over-year, or 8.8% in constant currency, to €507 million, driven by revenue growth. EBITDA margin was 20.0%, compared to 21.1% in the second quarter of 2021 ("Q2 2021"). EBITDA and EBITDA margin in Q2 2021 were impacted by a net €2 million of share-based compensation and expenses related to UMG's listing on Euronext Amsterdam. Excluding these expenses, Adjusted EBITDA for the quarter was up 18.2% year-over-year, or 8.3% in constant currency, driven by revenue growth. Adjusted EBITDA margin was 20.0%, compared to 21.2% in the second quarter of 2021.
As disclosed in the UMG Annual Consolidated Financial Statements for the year ended December 31, 2021, UMG adjusted its accounting policy in relation to certain revenues that are collected through societies (the "Change in Society Accounting"). In prior years, these revenues were recognised when the relevant collection society notified UMG of the usage by the end customer and collectability was assured. Recognition of that revenue is now based on an accrual for the best available estimate of when the usage occurs and the amount of consideration which is probable to be collected. This has affected the timing of the recognition of certain revenues across financial reporting quarters, with a benefit of €98 million in revenue and €17 million in both EBITDA and Adjusted EBITDA for the second quarter of 2022.
In addition, as previously disclosed, Q2 2021 benefited from a catch-up payment from a digital service provider (the "DSP Catch-Up Payment"), amounting to €41 million in revenue and €26 million in both EBITDA and Adjusted EBITDA.
Excluding the Change in Society Accounting and DSP Catch-Up Payment, Adjusted EBITDA margin was 20.1% in Q2 2022, compared to 20.3% in Q2 2021.
The remaining decline in Adjusted EBITDA margin was driven by revenue mix, as lower-margin merchandising revenues benefited from a strong rebound in touring, while higher-margin revenue streams continued to exhibit solid growth.
H1 2022 Results
In the half year ended June 30, 2022 ("H1 2022"), UMG's revenues of €4,734 million increased by 23.6%, or 16.9% in constant currency, compared to the half year ended June 30, 2021 ("H1 2021"). This increase was driven by double-digit improvements across all segments, as discussed further below.
Cost of revenues, consisting of artist and product costs, increased by 27.4% to €2,608 million in H1 2022, reflecting higher revenues and revenue mix. Cost of revenues as a percentage of revenues increased to 55.1% from 53.4% driven by higher artist costs from a greater proportion of Music Publishing revenues in H1 2022 as well as the impact of the DSP Catch-Up Payment and a previously disclosed exceptional recovery of an advance provision and release of historic royalties (the "Exceptional Recovery and Release") in the first quarter of 2021 (with a €20 million impact) that all benefited artists costs relative to revenues in the prior year period.
Operating profit improved 11.8% year-over-year, or 6.7% in constant currency, to €765 million in H1 2022 driven by the growth in revenues. EBITDA amounted to €960 million, an increase of 16.8%, or 11.1% in constant currency, compared to H1 2021, also as a result of the growth in revenues.
EBITDA and EBITDA margin were impacted by share-based compensation of €2 million during H1 2022 and by €3 million of expenses related to UMG's listing on Euronext Amsterdam during H1 2021. Excluding these amounts, Adjusted EBITDA for H1 2022 was €962 million, up 16.6% compared to H1 2021, or 11.0% in constant currency, driven by revenue growth. Adjusted EBITDA margin contracted 1.2pp year-over-year to 20.3%.
Revenue, EBITDA and Adjusted EBITDA for H1 2022 benefited from the Change in Society Accounting discussed above, amounting to €144 million in revenue and €34 million in both EBITDA and Adjusted EBITDA.
Revenue for H1 2021 benefited from the DSP Catch-Up Payment described above, while EBITDA for H1 2021 benefited from the DSP Catch-Up Payment and the Exceptional Recovery and Release described above.
Excluding these items, Adjusted EBITDA margin was 20.2% in H1 2022, compared to 20.6% in H1 2021.
The remaining decline in Adjusted EBITDA margin was driven by revenue mix, as lower-margin merchandising revenues benefited from a strong rebound in touring, while higher-margin revenue streams continued to exhibit solid growth.
Net profit attributable to equity holders of the parent for H1 2022 amounted to €241 million compared to €452 million in H1 2021, resulting in EPS of €0.13 in H1 2022, compared to €0.25 in H1 2021. The decline in Net profit attributable to equity holders of the parent was due to the variance in revaluation of investments in listed companies (including Spotify and Tencent Music Entertainment) and other financial investments that was an expense in H1 2022 of €567 million compared to a net expense in H1 2021 of €170 million. Adjusted net profit, which adjusts for the revaluation of investments amongst other items, amounted to €763 million in H1 2022, compared to €578 million in H1 2021, resulting in Adjusted EPS of €0.42 in H1 2022, compared to €0.32 in H1 2021. The increase in Adjusted net profit was driven by the growth in EBITDA and a decline in interest and income tax expense, both driven by a €100 million benefit from two tax litigations finalized in H1 2022.
Net debt, defined as total debt minus cash and equivalents, at the end of H1 2022 was €2,283 million compared to €2,010 million at December 31, 2021.
Net cash provided by operating activities before income tax paid improved to €605 million in H1 2022 compared to €470 million in H1 2021, an increase of 28.7%, mainly as a result of the growth in EBITDA and favourable working capital movements. Royalty advance payments, net of recoupments grew to €223 million in H1 2022 from €130 million in H1 2021, due to the timing of major artist renewals partly offset by higher recoupment.
Free cash flow decreased to €104 million in H1 2022 compared to €280 million in H1 2021, mainly as a result of the timing of catalogue acquisitions (-€221 million), whilst the prior half year benefited from the disposal of Alamo Records (-€102 million). This was partly offset by the improvement in net cash provided by operating activities (+€122 million).
UMG's dividend policy is to pay a dividend of 50% of adjusted net profit. UMG's Board of Directors declared an interim dividend for H1 2022 of €435 million, or €0.24 per share. The ex-dividend date will be on October 5, 2022, the record date will be on October 6, 2022 and the payment date will be on October 28, 2022.
Recorded Music
Q2 2022 Results
Recorded Music revenues for the second quarter of 2022 were €1,922 million, up 16.2% compared to the second quarter of 2021, or 9.0% in constant currency. Subscription revenue of €966 million grew 14.6% year-over-year, or 7.0% in constant currency. Subscription revenue in Q2 2021 benefited from the DSP Catch-Up Payment. Excluding this item, subscription revenue in the second quarter of 2022 grew 20.4% year-over-year, or 12.1% in constant currency. Ad-supported streaming revenue of €348 million grew 24.7% year-over-year, or 15.6% in constant currency, due to the ongoing improvement in ad-based monetization and enhanced deals in social media.
Physical revenue showed another quarter of strong growth, increasing by 21.2% year-over-year, or 17.4% in constant currency, mainly driven by strong sales from BTS and King & Prince. Downloads and other digital revenue were down 4.2% year-over-year, or 12.7% in constant currency on the continued industry-wide decline in downloads. License and other revenue improved 12.4% year-over-year, or 6.3% in constant currency, as a result of higher synchronisation and live income. Top sellers for the quarter included BTS, King & Prince, Rammstein, Olivia Rodrigo and INI, while top sellers in the prior-year quarter included BTS, Justin Bieber, Olivia Rodrigo, The Weeknd and Morgan Wallen.
H1 2022 Results
In H1 2022, Recorded Music revenues were €3,643 million, up 16.1% compared to H1 2021, or 10.1% in constant currency. Subscription revenue of €1,866 million grew 16.3% year-over-year, or 10.0% in constant currency. Subscription revenue in H1 2021 benefited from the DSP Catch-Up Payment. Excluding this item, subscription revenue grew 19.4% year-over-year, or 12.7% in constant currency. Ad-supported streaming revenue of €658 million grew 25.1% year-over-year, or 17.1% in constant currency.
Physical revenue grew 16.6% year-over-year, or 13.4% in constant currency, driven by strong vinyl demand as well as continued CD sales, particularly from BTS and King & Prince. Downloads and other digital revenue fell 10.5% year-over-year, or 16.0% in constant currency, on the continued industry-wide decline in download sales. License and other revenue improved 13.0% year-over-year, or 7.8% in constant currency, as a result of improvements in synchronisation, live and brand deals. Top sellers for H1 2022 included BTS, the Encanto soundtrack, Olivia Rodrigo, The Weeknd and King & Prince while top sellers in H1 2021 included BTS, Justin Bieber, Olivia Rodrigo, The Weeknd and Morgan Wallen.
Recorded Music EBITDA in H1 2022 was €842 million, up 12.4% year-over-year, or 6.9% in constant currency, driven by the growth in revenues. Recorded Music EBITDA margin declined by 0.8pp to 23.1% from 23.9% in H1 2021 as a result of the DSP Catch-Up Payment and the Exceptional Recovery and Release. Excluding these items, Adjusted EBITDA margin grew 0.4pp to 23.1% from 22.7%.
Music Publishing
Q2 2022 Results
Music Publishing revenue amounted to €476 million in the second quarter of 2022, up 62.5% year-over-year, or 50.6% in constant currency. Music Publishing revenue benefited from the Change in Society Accounting discussed above. Excluding this benefit, Music Publishing revenue grew 29.0% year-over-year, or 19.6% in constant currency, as a result of organic growth trends, fueled by healthy growth from streaming and subscription, the broadening monetization of music publishing rights, a continued rebound in physical sales, as well as initial contributions from catalogue acquisitions made in prior years.
Within Music Publishing, digital revenue grew 121.8% year-over-year, or 104.7% in constant currency, reflecting the Change in Society Accounting, as well as continued growth of streaming and subscription. Synchronisation revenue grew 31.1% year-over-year, or 20.4% in constant currency, as a result of increased income from advertising, TV and motion pictures. Performance revenue declined 33.3% year-over-year, or 40.0% in constant currency, reflecting the Change in Society Accounting. Mechanical revenue grew 15.0% year-over-year, or 9.5% in constant currency, driven by the Change in Society Accounting, as well as the recent growth in industry-wide physical sales.
H1 2022 Results
Music Publishing revenue amounted to €851 million in H1 2022, up 50.9% year-over-year, or 42.1% in constant currency. Revenues benefited from the Change in Society Accounting discussed above. Excluding this benefit, Music Publishing revenue grew 25.4% year-over-year, or 18.0% in constant currency, as a result of organic growth trends, fueled by healthy growth from streaming and subscription, the broadening monetization of music publishing rights, a continued rebound in physical sales, as well as initial contributions from catalogue acquisitions made in prior years.
Within Music Publishing, digital revenue grew 90.4% year-over-year or 78.4% in constant currency, reflecting the Change in Society Accounting, as well as continued growth of streaming and subscription. Synchronisation revenue grew 31.9% year-over-year, or 23.7% in constant currency, as a result of increased income from advertising, TV and motion pictures. Performance revenue declined 2.3% year-over-year, or 8.0% in constant currency, reflecting the Change in Society Accounting. Mechanical revenue grew 21.1% year-over-year, or 15.0% in constant currency, driven by the Change in Society Accounting, as well as the recent growth in industry-wide physical sales.
Music Publishing EBITDA of €200 million was up 49.3% year-over-year, or 39.9% in constant currency. EBITDA benefited from the Change in Society Accounting discussed above. Excluding this benefit, Music Publishing EBITDA grew 23.9% year-over-year, or 16.1% in constant currency, as a result of organic growth trends and initial contributions from catalogue acquisitions made in prior years. Music Publishing EBITDA margin was down 0.3pp to 23.5% compared to 23.8% in H1 2021 as a result of the revenue mix shift in Music Publishing away from higher-margin performance revenue.
Merchandising and Other
Q2 2022 Results
Merchandising and Other revenue grew to €141 million, up 78.5% year-over-year, or 65.9% in constant currency, as touring-related merchandising revenue rebounded following a COVID related slow-down in live touring in the prior year period.
H1 2022 Results
Merchandising and Other revenue grew to €248 million, up 79.7% year-over-year, or 67.6% in constant currency, as touring-related merchandising revenue rebounded following a COVID related slow-down in live touring in the prior year period.
Merchandising and Other EBITDA in H1 2022 of €14 million was up from €0 in H1 2021. EBITDA margin of 5.6% improved from zero due to the timing of artist expenses.
Conference Call Details
The Company will host a conference call to discuss these results on Wednesday, July 27, 2022 at 6:15PM CEST. A link to the live audio webcast will be available on investors.universalmusic.com and a link to the replay will be available after the call.
While listeners may use the webcast, a dial-in telephone number is required for investors and analysts to ask questions. Investors and analysts interested in asking questions can pre-register for a dial-in line at investors.universalmusic.com under the "Financial Reports" tab.
Cautionary Notice
This press release is published by Universal Music Group N.V. and contains inside information within the meaning of article 7 (1) of Regulation (EU) No 596/2014 (Market Abuse Regulation).
Forward-Looking Statements
This press release may contain statements that constitute forward-looking statements with respect to UMG's financial condition, results of operations, business, strategy and plans. Such forward-looking statements may be identified by the use of words such as 'profit forecast', 'expect', 'estimate', 'project', 'anticipate', 'should', 'intend', 'plan', 'probability', 'risk', 'target', 'goal', 'objective', 'will', 'endeavour', 'optimistic', 'prospects' and similar expressions or variations on such expressions. Although UMG believes that such forward-looking statements are based on reasonable assumptions, they are not guarantees of future performance. Actual results may differ materially from such forward-looking statements as a result of a number of risks and uncertainties, many of which are related to factors that are outside UMG's control, including, but not limited to, UMG's inability to compete successfully and to identify, attract, sign and retain successful recording artists and songwriters, failure of streaming and subscription adoption or revenue to grow or to grow less rapidly than anticipated, UMG's reliance on digital service providers, UMG's inability to execute its business strategy, the global nature of UMG's operations, UMG's inability to protect its intellectual property and against piracy, UMG's inability to attract and retain key personnel, changes in laws and regulations and the other risks that have been described in UMG's 2021 annual report. Accordingly, UMG cautions readers against placing undue reliance on such forward-looking statements. Such forward-looking statements are made as of the date of this press release. UMG disclaims any intention or obligation to provide, update or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
Alternative Performance Indicators
This press release includes certain alternative performance indicators which are not defined in IFRS issued by the International Accounting Standards Board as endorsed by the EU. The descriptions of these alternative performance indicators and reconciliations of non-IFRS to IFRS measures are included in the Interim Financial Review and Unaudited Condensed Consolidated Interim Financial Statements which is available on our website at investors.universalmusic.com/reports.
About Universal Music Group
At Universal Music Group (EURONEXT: UMG), we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information on Universal Music Group N.V. visit www.universalmusic.com
Contacts
Media
James Murtagh-Hopkins - communicationsnl@umusic.com
Investors
Erika Begun - investorrelations@umusic.com
Upcoming Calendar
3Q 2022 Results: October 27, 2022
1 This press release includes certain alternative performance indicators which are not defined in the International Financial Reporting Standards ("IFRS") issued by the International Accounting Standards Board as endorsed by the EU. The descriptions of these alternative performance indicators and reconciliations of non-IFRS to IFRS measures are included in the Interim Financial Review and Unaudited Condensed Consolidated Interim Financial Statements which is available on our website at investors.universalmusic.com/reports.
View original content to download multimedia:
SOURCE Universal Music Group N.V. | https://www.kxii.com/prnewswire/2022/07/27/universal-music-group-nv-reports-financial-results-second-quarter-half-year-ended-june-30-2022/ | 2022-07-27T17:12:26Z |
DOWNERS GROVE, Ill., May 18, 2022 /PRNewswire/ -- Central Research Laboratories (CRL), part of Destaco and Dover (NYSE: DOV), and a global leader in the remote-handling industry, today announced the launch of its new Single-Use Beta Bag product line. Single-Use Beta Bags are indispensable components in ready-to-use, component-transfer and waste-handling applications during the manufacturing of Life Science products.
"Our goal is to create and provide safe, reliable, efficient and cost-effective transfer solutions for every application need within the Life Sciences segment, and our new Single-Use Bags do just that," said Chris Gooding, VP and GM at CRL. "We are pleased to offer another solution that will help our clients maximize their productivity."
The new 190-mm Single-Use Beta Bags are available in two materials, Tyvek and HDPE (Tyvek-free), and designed for use with DTPE-style alpha ports. They are gamma-sterilizable, a process in which gamma rays are passed through the bag to kill any bacteria that may be present. These features make them an ideal solution for introducing components like stoppers, vials and needles into production lines, or for managing samples and removing waste. Their versatility also makes them a good option for kitting. CRL has a ready inventory of the new Single-Use Beta Bags on hand, which allows them to be shipped anywhere in the world.
For more information on CRL and its extensive family of remote-handling solutions, please visit crlsolutions.com.
About CRL & Destaco
Headquartered in Red Wing, MN, USA, Central Research Laboratories (CRL) became a Destaco company in 2007. It possesses more than 70 years of innovation experience in the development of remote-handling systems, including Telemanipulators, Transfer Systems, Glove Ports and Waste Drum Transfer Systems. CRL's industry-leading technology helps its customers safely and efficiently handle hazardous and sterile materials in nuclear and life science applications around the world.
Destaco, a Dover company, is a global leader in the design and manufacture of high-performance automation, workholding and remote-handling solutions. The company serves customers in a variety of end-markets, including the automotive, life science, consumer packaged goods, aerospace, industrial and nuclear sectors.
Destaco is based in Auburn Hills, Michigan, U.S.A. The company has more than 800 employees with 13 locations, in 9 countries, across the Americas, Europe and Asia. More information is available at destaco.com
About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
Destaco Contact:
Kristen Fairbrother
(248) 836-6674
kfairbrother@destaco.com
Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com
Dover Investor Contact:
Jack Dickens, Senior Director, Investor Relations
(630) 743-2566
jdickens@dovercorp.com
View original content to download multimedia:
SOURCE Dover | https://www.mysuncoast.com/prnewswire/2022/05/18/new-single-use-beta-bags-central-research-laboratories-improve-cost-efficiency-manufacturing-critical-life-science-products/ | 2022-05-18T21:11:58Z |
Hateful, racist, anti-Semitic graffiti found inside high school bathroom
By Jermont Terry
Click here for updates on this story
OAK PARK, Illinois (WBBM) — Hateful, racist graffiti was discovered Friday at Oak Park and River Forest High School, and now police are getting involved.
As CBS 2’s Jermont Terry reported Friday night, this was the second time Oak Park police were called to the school this week alone. This time, they went inside a restroom and started investigating because of what another student did.
Two images of the vandalism have sparked fear and concern at OPRF. Someone scribbled the N-word and a swastika on a bathroom stall in the first picture.
The second image reveals same racial slur and anti-Semitic graffiti on a wall.
A student found the graffiti around 11 a.m. Friday in a second-floor boys’ bathroom, the school said.
“We’re seeing it in many schools,” said Alison Pure-Slovin, director of the Simon Wiesenthal Center.
She explained the mission of her organization.
“Human rights for all people,” she said. “It doesn’t make a difference who you worship, if you worship, who you love, where you come from.”
The center compiles a digital hate report across the country and Illinois.
“That’s the problem. The internet is the problem,” said Pure-Slovin. “If you go through the websites – the deep, dark web – they’re pushing out hate, and believe me if they hate a Jew, they’re going to hate an African American.”
Pure-Slovin believes the school district must take the appropriate measures to address this latest hate speech at the high school.
“We are going to speak to the superintendent,” she said, “because unfortunately, it’s not the first incident at that school.”
Back in 2018, similar hateful words popped up at the same high school – but the difference in the incident this time is that the school district is not the only organization taking action.
Police are also investigating to try to find out who is behind the hateful graffiti.
“The fact police are investigating tells me that they’re finally taking anti-Semitism very seriously,” Pure-Slovin said.
And with this occurring the same week a student was arrested on school grounds with a loaded gun, Pure-Slovin says you can’t take any chances.
“We should take any threat seriously,” she said. “We don’t know who the lone wolf is.”
School leaders sent an email to parents, calling what was discovered in the school restroom hate speech “and a crime.”
“Please consider that posting hateful speech or symbols spreads it and has unintended harmful consequences for the communities at which it is directed. Please, if you see any hate speech on school grounds, rather than post about it, immediately notify security staff in the Welcome Center by dialing extension 3125 if you are in the building or calling 708-434-3125 if you are outside the building,” school principal Lynda Parker said in a statement.
We know there are cameras in the hallways – part of an internal probe will involve looking them over.
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/news/2022/05/07/hateful-racist-anti-semitic-graffiti-found-inside-high-school-bathroom/ | 2022-05-07T20:47:35Z |
HO CHI MINH CITY, Vietnam, Aug. 29, 2022 /PRNewswire/ -- In 2022, Trust Markets remains as one of the most transparent, secured and optimized trading platforms, continuing its own success of having the "Best Trade Execution" and "Best Trading Conditions" in 2021, according to Global Business Magazine and World Forex Awards. Specifically, based on customer reviews across multiple trading forums, Trust Markets carry excellent qualities such as incredibly short execution time, 24/7 worldwide customer support, and access to more than 1000 trading instruments.
Trust Markets - over half a decade of staying relevant
Trust Markets trading platform is one of the most popular financial services - securities brokers for the investor community in 2022. The platform provides and supports retail traders with easy access to the largest financial marketplace worldwide.
So far, the brokerage firm is well-positioned in the global marketplace for six years. Founded in 2018, Trust Markets has been registered and authorised with the company license No. 1848 LLC 202. The platform receives favourable reviews by experts for its quality and transparency of each trades under the regulation of FSA.
Comprehensive MT5 Trading Platform
The fact that Trust Markets is a leading forex and CFD broker on the Vietnamese financial market today allows it to provide multiple in-demand services for all investors. That includes Metatrader 5 (MT5), which is one of the best stock trading platforms up to date.
With the MT5 platform being offered, professional investors would be able work with multiple account types as well as varying brokers simultaneously. For this reason, MT5 is recognized as a strong, rapid and trusted go-to platform as of late. What more, Trust Markets also brings up another trading platform called WebTrader. As a result, market participants on Trust Markets might well enjoy the versatility by switching one platform to the other and vice versa.
Incredible offerings and promotions
Upbeat market-savvy reviews aside, offerings and promotions would be another big plus for the broker's credibility. Justified by the dedicated mission of developing a strong investing network, it is not a surprise that Trust Markets platform has provided one-of-a-kind promotion schemes to the Vietnamese stock market to support and drive inspiration.
- Super Star Bonus
Trust Markets offers an attractive first deposit bonus program adding up to 200% of your funds. It is a common pitch among the trader community that "top-notch promotions are only available at fastest growing brokers". With all that being said, Trust Markets is definitely the first choice to go without hesitation.
- Refer a Friend
Inviting a new player would allow you and your friend both to receive $500 directly into your balance on Trust Markets with no referral restriction. More people got invited, more incentives.
Exclusive educational program at Trust Markets
Educational courses are provided exclusively on Trust Markets. This is an excellent approach to tap into the deepest understandings of making trades, getting to know the real-world challenge in the stock market with experienced veterans, etc. Learning courses can be found in successive orders ranking from basic to advanced, which include:
- Webinars
- Live online classes
- Video tutorials
- Investing Ebook
- Daily stock market analysis
Professional support team available 24/7
With the focus on customer centricity, Trust Markets' customer support service is set to operate on an "anytime, anywhere" basis. This is seen as a benefit for its clients due to the immediate accessibility of solutions.
About Trust Markets
Trust Markets is a brokerage company specializing in providing all financial and securities investment services such as FX, indices, CFDs, gold, stocks, etc.
Trust Markets has a wide network of connections, so it is currently connecting with all major exchanges around the world. So traders will have the opportunity to trade with all types of assets on prominent exchanges which include exchanges such as NYSE, London Stock Exchange or Nasdaq. Therefore, customers do not have to hesitate to choose or consider and compare with rival exchanges.
Website: https://trustmarkets.com/
Fanpage: https://www.facebook.com/Trustmarket-105510912141266/
Email: support@trustmarkets.com
Hotline: 1900 234 580
Working hours: 24/7
View original content to download multimedia:
SOURCE Trust Markets | https://www.mysuncoast.com/prnewswire/2022/08/30/trust-markets-2022-performance-reveals-exceptional-qualities/ | 2022-08-30T11:06:34Z |
ARMADA, Mich., June 10, 2022 /PRNewswire/ -- Airmax is pleased to announce its LakeSeries Fountains. The LakeSeries Fountain is the premier lineup in the Airmax offering, stepping up in class with higher horsepower options, larger spray patterns, and industry-exclusive design.
"We wanted to break the mold with larger horsepower fountains," said Jason Blake, President of Airmax, Inc. "Round floats have been the go-to option in decorative fountains for 50 years, which limited their full potential. After several years of designing and rigorous testing, we have accomplished our goal. Airmax's new innovative ISP float design allows for spray patterns that are impossible with current float designs on the market."
The new ISP (Independent Stability Pontoon) Float System's innovative design has reshaped the pond and lake industry, allowing for greater horsepower fountain displays without float rocking or the drumming sound of water hitting the float - two problems that have plagued larger horsepower fountains for decades.
- Premium Displays
- Long-Lasting Durability
- Superior Performance
The LakeSeries is ideal for commercial applications, golf courses, housing communities, municipal spaces, or any large pond or lake. Optional RGBW color-changing LED light sets are available for a nighttime display.
"Airmax will continue to lead the industry in innovative products with the 'pond owners first' mindset," said Blake.
All Airmax fountains are proudly made in the USA with quality and precision for long-lasting operation, ease of installation, and trouble-free maintenance.
The Airmax Fountain lineup consists of the EcoSeries (1/2HP), PondSeries (1/2-2HP), and LakeSeries (2-5HP). The three series fit almost any budget, pond size, or desired pattern. To view the entire Airmax fountain lineup visit www.Airmaxeco.com.
Airmax, Inc., headquartered in Armada, Michigan, is the industry leader in pond and lake management, producing unrivaled innovative decorative fountains, aeration systems, and natural water treatments. With over 25 years of industry and field experience, Airmax serves pond and lake owners through our network of nationwide distributors and professional installers.
View original content to download multimedia:
SOURCE Airmax | https://www.wibw.com/prnewswire/2022/06/10/new-2-3-amp-5hp-lakeseries-fountain-reshapes-pond-amp-lake-industry/ | 2022-06-10T17:16:17Z |
COLUMBIA, Md. and HOUSTON, May 16, 2022 /PRNewswire/ -- A team of scientists, including Dr. Germán Martínez from the Universities Space Research Association, just published a study in the Proceedings of the National Academy of Sciences. This study indicates there are seasonal energy imbalances in the amount of solar energy absorbed and released by Mars which is a likely cause of dust storms and could play an important role in understanding the climate and atmosphere of the red planet.
The radiant energy budget (a term referring to the measurement of solar energy a planet takes in from the sun then releases as heat) of a planet is a fundamental metric. Based on observations from multiple missions, a team of scientists provided a global picture of Mars' climate. Measurements from the NASA's Mars Global Surveyor, Mars Science Laboratory's Curiosity rover, and InSight missions reveal strong seasonal and diurnal variations of Mars' emitted power.
"One of the most interesting findings is that energy excess—more energy being absorbed than produced—could be one of the generating mechanisms of dust storms on Mars," says Ellen Creecy, the lead author of the study1 and a doctoral student from the University of Houston, Texas.
"Our results showing strong energy imbalances suggest that current numerical models should be revisited, as these typically assume that Mars' radiant energy is balanced between Mars' seasons," said Dr. Germán Martínez, USRA Staff Scientist at the Lunar and Planetary Institute (LPI) and co-author of the paper. "Furthermore, our results highlight the connection between dust storms and energy imbalances, and thus can provide new insights into the generation of dust storms on Mars."
In this study, a team of scientists used observations from martian satellites, landers, and rovers to estimate Mars' emitted energy globally as a function of season, including periods with a global dust storm. They found that there is a strong energy imbalance of ~15.3 % between Mars' seasons, which is much larger than on Earth (0.4%) or Titan (2.9%). They also found that during the 2001 planet-encircling dust storm on Mars, the global-average emitted power decreased by 22% during daytime but increased by 29% during nighttime.
The results of this study, in combination with numerical models, have the potential to improve the current understanding of the martian climate and atmospheric circulations, which is important for the future human exploration of Mars and could perhaps foretell Earth's own climate issues.
Additional Resources:
https://presspage-production-content.s3.amazonaws.com/uploads/1906/pnas202121084-proof.pdf?10000
1 Along with Ellen Creecy, co-authors on the paper include University of Houston's Liming Li and Xun Jiang; NASA Goddard Space Flight Center's Michael Smith; JPL 's David Kass and Armin Kleinböhl; and USRA/LPI's Germán Martínez.
About USRA
Founded in 1969, under the auspices of the National Academy of Sciences at the request of the U.S. Government, the Universities Space Research Association (USRA) is a nonprofit corporation chartered to advance space-related science, technology, and engineering. USRA operates scientific institutes and facilities, and conducts other major research and educational programs. USRA engages the university community and employs in-house scientific leadership, innovative research and development, and project management expertise. More information about USRA is available at www.usra.edu.
About LPI
The Lunar and Planetary Institute (LPI), operated by Universities Space Research Association, was established during the Apollo program in 1968 to foster international collaboration and to serve as a repository for information gathered during the early years of the space program. Today, the LPI is an intellectual leader in lunar and planetary science. The Institute serves as a scientific forum attracting world-class visiting scientists, postdoctoral fellows, students, and resident experts; supports and serves the research community through newsletters, meetings, and other activities; collects and disseminates planetary data while facilitating the community's access to NASA science; and engages, excites, and educates the public about space science and invests in the development of future generations of explorers. The research carried out at the LPI supports NASA's efforts to explore the solar system. More information about LPI is available at www.lpi.usra.edu.
PR Contact:
Suraiya Farukhi, Ph.D.
sfarukhi@usra.edu
443-812-6945 (cell)
Technical Contact:
Dr. Germán Martínez
USRA/Lunar and Planetary Institute
gmartinez@lpi.usra.edu
View original content to download multimedia:
SOURCE Universities Space Research Association | https://www.mysuncoast.com/prnewswire/2022/05/16/new-study-reveals-solar-heat-be-likely-cause-dust-storms-mars/ | 2022-05-16T20:15:28Z |
LONDON and NEW YORK, June 30, 2022 /PRNewswire/ -- The Bank of London, the next-generation technology company and the world's first purpose-built global clearing, agency, and transaction bank, today announced the appointment of Tam Holmes as its Co-President & Group Chief Product Officer and Member of the Group's Executive Management Committee. As Group Chief Product Officer, Tam is responsible for oversight of the Group's overall customer and product vision, strategy, and innovation.
Prior to The Bank of London, Tam spent five years at 10X Banking ("10X") where he served as Chief Product Officer and Chief Development Officer, playing a key role in driving the business forward, including as a Board Member, and where he was principally responsible for managing all customer relationships, product strategy, product management and business development. Instrumental in building investor and customer confidence, he positioned 10X as the transformational partner of choice for Global Tier 1 banks.
Previously Tam was the Head of Digital Security and Fraud at Lloyds Banking Group, where he also served as Head of Programme Delivery for Digital Banking. Tam was responsible for the re-platforming of Lloyd's digital banking stack, as well as the design of innovative digital fraud and security controls, including the UK's first deployment of behavioural biometrics, and device ID systems.
Anthony Watson, Group Chief Executive & Founder of The Bank of London, said: "Tam's wealth of knowledge and experience across banking, large-scale transformation, and programme delivery, makes him a great fit at The Bank of London. He brings a particularly unique perspective from his time at 10X, where he led both the sales and product development of their cloud bank platform to JP Morgan Chase in the UK and Europe, Westpac in Australia and other global banks. With his flair for driving innovation coupled with a strong reputation for leading with humility and empathy, Tam will provide a world-class product experience for our clients globally."
Tam Holmes, Co-President & Group Chief Product Officer of The Bank of London, said: "I'm delighted to join The Bank of London at such a pivotal time. The market has been left under-served by incumbents for far too long and I'm excited to start driving forward our customer and product vision, strategy, and innovation, to build strong products and experiences that our will customers love - in the UK, the EU and beyond."
NOTES TO EDITORS
About The Bank of London
The Bank of London launched 30th November 2021 as the sixth principal clearing bank of the United Kingdom, and only the second clearing bank in 250 years. With a $1.1 billion valuation, it is the first pre-revenue bank in history to attain 'unicorn' status upon debut.
The Bank of London is a leading-edge technology company and the world's first purpose-built global clearing, agency, and transaction bank. We leverage our patented technology innovations and differentiated bank capabilities to lift economies and communities by powering the borderless economic infrastructure of the future.
The bank has been established to assist banks, clearing houses, digital & traditional asset firms, governments, financial services companies from local fintechs to global institutions, payment networks and non-financial brands seeking to launch fully compliant financial products and services in-country and across-borders.
With headquarters in London and offices in New York and Belfast, The Bank of London is a principal clearing bank of the United Kingdom authorised by the Bank of England's Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Bank of England's Prudential Regulation Authority.
For more information visit: thebankoflondon.com, or on Twitter and Instagram at @thebankoflondon.
Photo- https://mma.prnewswire.com/media/1851422/Tam_Holmes.jpg
View original content to download multimedia:
SOURCE The Bank of London | https://www.wibw.com/prnewswire/2022/06/30/bank-london-appoints-tam-holmes-co-president-amp-group-chief-product-officer/ | 2022-06-30T14:01:24Z |
PITTSBURGH, May 16, 2022 /PRNewswire/ --"I thought there could be an easier way to remove and replace an empty roll of toilet paper or paper towels," said an inventor, from Walnut, Calif., "so I invented the KWIK RELEASE DISPENSER. My design eliminates the need to fumble with traditional holders."
The invention provides an improved holder for toilet paper or paper towel rolls. In doing so, it offers a quick and easy way to change/replace the roll. As a result, it saves time and effort and it eliminates the need to struggle with a spring-type spindle. The invention features a practical design that is convenient and easy to use so it is ideal for households and commercial bathrooms. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Riverside sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-RSD-179, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
View original content to download multimedia:
SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/05/16/inventhelp-inventor-develops-improved-holder-toilet-paper-rolls-rsd-179/ | 2022-05-16T16:16:40Z |
Stand-Out Veteran Provider of FPGA Prototyping Solutions
SAN JOSE, Calif., July 22, 2022 /PRNewswire/ -- The 59th Design Automation Conference returned to San Francisco's Moscone Center this year to notch almost six decades of week-long immersion in EDA technology and market trends, combining keynote presentations by industry luminaries with the "DAC Engineering Track" technical presentations and the EDA tool-provider exhibits for in-person exchanges of EDA user-needs and the latest EDA solutions. Attendance by exhibitors, and EDA tool end-users alike, was noticeably improved from last year's conference but still below pre-COVID levels. The Moscone Center neighborhood provided a less than inviting convention venue as San Francisco recovers from COVID's decimation of the convention-generated commerce around the Center marred by heavily littered streets, a very noticeable presence of "street people", and the closure of many name-brand businesses that are normally sustained by the "collateral business" generated by convention attendees.
Despite the lower DAC attendance, S2C saw a marked improvement in the quantity and quality of visitors to the S2C booth. S2C highlighted its latest hardware and software and provided interactive demonstrations of its Prodigy MDM Pro multi-FPGA debug tools and its Prodigy ProtoBridge high-throughput channel for the transfer of large amounts of transaction-level data between the FPGA prototype and a host computer – both demonstrations running on S2C's Quad Logic System prototyping hardware featuring Intel's massive Stratix GX 10M FPGAs.
S2C took the opportunity at DAC to roll out its newest version of its prototyping software Prodigy Player Pro-7. The new software suite includes Player Pro-RunTime, for prototype platform control and hardware test; Player Pro-CompileTime, with enhanced automation of multi-FPGA partitioning and pre/post-partition timing analysis; and Player Pro-DebugTime, for multi-FPGA debug probing and trace viewing with S2C's class-leading MDM Pro debug tools.
With an emphasis on large-scale SoC design prototyping, Player Pro-7 offers enhanced support for multi-FPGA implementations, including:
- RTL Partitioning and Module Replication to support Parallel Design Compilation and reduce Time-to-Implementation
- Pre/Post-Partition System-Level Timing Analysis for Increased Prototyping Productivity
- SerDes TDM Mode for Optimal Multi-FPGA Partition Interconnect and Higher Prototype Performance
S2C displayed a number of its latest prototyping products in its DAC booth this year, including the Prodigy Logic System 10M based on the industry's largest FPGA, Intel's Stratix 10 GX 10M. Also on display were S2C's Xilinx-based prototyping hardware, the Prodigy S7-19P Logic System, and the S7-9P Logic System, both getting their fair share of DAC attendee attention.
The highlight of the S2C booth was the new Prodigy Logic Matrix LX2. Based on Xilinx's largest Virtex Ultrascale+ FPGA, the LX2 boasts eight VU19P；for expansion beyond eight FPGAs, up to eight LX2s can be housed in a single standard server rack, extending prototyping gate-capacity up to sixty-four VU19P FPGAs. For expansion beyond eight FPGAs, the LX2 architecture is designed for prototyping with up to eight LX2's in a single standard server rack, extending prototyping gate-capacity up to sixty-four VU19P FPGAs. At this level of FPGA prototyping density, hardware quality and reliability become first-order considerations, and S2C's 18+ year proven track record of delivering high-quality prototyping hardware sets a high bar for other prototyping solutions.
To enable users to configure prototyping platforms quickly and reliably, S2C displayed a sampling of its Prototype Ready IP in the booth. Prototype Ready IP are off-the-shelf daughter cards designed by S2C to plug-and-play with S2C prototyping hardware platforms. The daughter cards are designed to attach reliably to the FPGA prototype hardware and compose a rich collection of prototyping functions, including High-Speed GT Peripherals (Ethernet, PCIe, MIPI, SATA, high-performance cables, etc.), General Peripherals (GPIO, USB, mini-SAS, JTAG, RS232, etc.), Memory Modules (EMMC, DDR, SRAM, etc.), ARM Processor Interface Modules, Embedded and Multimedia modules (DVI, HDMI, MIPI, etc.), and Expansion and Accessories modules (FMC-HPC Converters, Level Shifters, I/O Test Modules, DDR Memory Modules for user-supplied external memory, Interconnect Cables, Clock Modules, etc.).
The Prodigy MDM Pro demonstrations at the booth showcased the implementation of S2C's multi-FPGA debug tools for prototyping with a combination of external hardware, soft IP implemented in the FPGA, high-speed FPGA I/O, and debug configuration software (Player Pro-DebugTime). MDM Pro was designed specifically to support multi-FPGA prototype implementations – with support for high probe-counts, deep-trace debug data storage, optimization of debugging reconfiguration compiles, and with the ability to choose debug configuration tradeoffs to optimize prototype performance. The Player Pro-DebugTime software supports user-friendly debug configuration, complex trace-data capture triggering, and single-window viewing on the user console of simultaneous streams of trace-data from multiple FPGAs. MDM Pro hardware supports high-performance deep-trace debug data storage without consuming internal FPGA storage resources.
S2C also demonstrated its Prodigy ProtoBridge in the DAC booth to showcase its off-the-shelf solution for a high-throughput channel (4GB/second) between the FPGA prototype and a host computer for the application of large amounts of transaction-level test data to the FPGA prototype – such as processor bus transactions, video data streams, communications channel transactions, etc. ProtoBridge uses a PCI-to-AXI interface implemented in the FPGA and connected to the user's RTL as an AXI-4 bus. ProtoBridge includes a set of C-API function calls to perform AXI bus transactions in the FPGA prototype, a PCIe3 driver for Linux or Windows operating systems to control Logic System operations, C-API reference operations with sample access to FPGA internal memory, and an integration guide on how to connect the user's RTL code to the ProtoBridge AXI-4 bus module.
Overall, DAC 2022 was a successful conference for S2C, firmly establishing S2C as the leading independent FPGA prototyping supplier, with the strongest track record of delivering complete prototyping solutions worldwide.
The FPGA prototyping hardware and software displayed at DAC are available now. For more information, please contact your local S2C sales representative, or visit www.s2cinc.com
View original content:
SOURCE S2C | https://www.mysuncoast.com/prnewswire/2022/07/22/s2c-shines-dac-2022-with-its-new-prodigy-player-pro-7-prototyping-software-multi-fpga-prototype-hardware-platforms-complete-prototyping-solutions/ | 2022-07-22T17:31:47Z |
E-homes Service Provider Econic Debuts Mendix-built Digital Field Services and Business Operations Platform to Speed Up Residential Energy Transition from Natural Gas to Electric
- Business-critical "Eos" platform created with low-code digitalizes all workflows in the value chain from quote to cash
- New platform created in just 4 months and is poised to become operating system for energy transition in housing market
- Flexibility of Mendix enables Econic to build a highly customised customer experience for all stakeholders
BOSTON and ROTTERDAM, Netherlands, April 12, 2022 /PRNewswire/ -- Mendix, a Siemens business and global leader in modern enterprise application development, announced that Econic, an e-homes service provider, has used the Mendix enterprise low-code platform to build a field services and business operations solution to digitalize and streamline all business-critical workflows. The innovative solution dramatically accelerates residential energy transition and leverages low-code technology to fight global warming and foster sustainability.
The new platform, named Eos after the Greek goddess of the dawn, supports Econic's mission of turning every home that is powered by natural gas into an e-home: a sustainable and comfortable house that is fossil free and generates its own electricity. To support this mission, they've created a holistic, digital environment including tailor-made apps and portals for its stakeholders, like home owners, project managers, internal staff, and contractors. Using Eos, they can manage all orders, deliveries, assets, supplies, quotations, agreements and invoices leading to process efficiencies, transparency, and massive acceleration of the residential housing sector's energy transition.
Achieving this is an important goal for the US and European market. By signing the Glasgow Climate Pact at the United Nations Climate Change Conference in 2021, nations across the world have committed themselves to turn the 2020s into a decade of climate action and support. One of the goals of the pact is to reduce global carbon dioxide emissions by 45% by 2030. Econic, a fast-growing Dutch company with offices in Amsterdam and Aachen (Germany), is leading the charge in Europe and has developed an innovative business that contributes to this goal by helping homeowners, contractors, and housing associations massively accelerate the transition to fully electric e-homes so the carbon footprint of consumers can be dramatically reduced.
To reach those numbers, Econic needed to digitalize the whole value chain and ecosystem of field services. "We wanted to go ten times faster without compromising on scalability or customer experience," said Mike Out, head of digital strategy and customer experience, at Econic. "We knew the traditional way of developing a platform wasn't an option. We were already familiar with low-code. However, we have very specific needs as we have a unique proposition offering the entire scope from advice to realization for energy transition. After reading Forrester and Gartner reports on low-code vendors and hearing about various successful use cases, our team decided to work with the Mendix enterprise low-code platform."
Operating system for the energy transition
At Econic, they refer to Eos as the operating system for energy transition, and like any good operating system it must have the capability of integrating many different systems. "We need to integrate applications such as Power BI, MessageBird, Exact, Zendesk, Aircall and a wide range of data monitoring solutions," said Out. "Mendix makes it very easy to integrate systems from our logistics partner while using data from our smart meters, which we can analyze to better serve our customers."
Mendix partner CLEVR advised the business team at Econic on how to transform a value chain and ecosystem that has been traditionally non-digital. To cater to Econic's needs, CLEVR designed Eos, a unified system with overview, insight and seamless workflows for all business critical processes ranging from scheduling a work order, digital sign-off, online scheduling, quotation tooling, supply management and invoicing. The platform also features five-tailor made portals for different stakeholders like home owners, project managers, internal staff and contractors. "The Mendix platform enables us to build unique solutions and makes an ERP system redundant. It basically provides us with a workflow machine with which we can digitalize 90% of our simple processes so we have more time to think about new, smart solutions to further enhance the customer experience," said Out.
Eos was built in just four months and migration to the new platform was flawless. Econic is now able to speed up the energy transition significantly by doing twice as many e-home installations per day, due to smarter resource management, lower costs and offering unique value to partners and clients. Also, customer service agents can handle double the amount of tickets. "Thanks to the flexibility and customizability of low-code, we can build a more efficient operation and a pixel perfect experience for our customers and our field service engineers that can be continuously optimized," Out stated.
Using the Mendix application also allows Econic to deliver assignments completely digitally. Eos provides functions like digital video inspection and smart forms which makes its processes transparent, data-driven, scalable and ultimately leads to increased customer satisfaction. The latest addition to Eos is a modular e-home configurator in which consumers can put together and customize their own e-home.
"The fact that Econic's internal stakeholders quickly changed their thinking from 'its an IT project' to 'we're a digital company' illustrates a key benefit of using the Mendix platform to transform and modernize the enterprise," said Hans de Visser, vice president of product management at Mendix. "We're very proud to contribute to Econic's goal to lead the energy transition in the housing market and look forward to seeing what other innovative features their development team will add to the platform in the future."
"We can be an example for the industry by doing things differently and going faster and further than anyone else," stated Joris Jonker, CEO of Econic. "Energy and installation companies try to offer experiences like ours but are struggling as it's very complicated to unite all these elements in one platform. "With Eos, we can share the blueprints of our success and offer the platform to our partners and potentially even to our competitors. For now, we're focused on our ambitious roadmap that includes making certain modules available on the Mendix Marketplace for others to leverage."
Connect with Mendix
- Follow @Mendix on Twitter
- Connect with Mendix on LinkedIn
About Mendix
In a digital-first world, customers want their every need anticipated, employees want better tools to do their jobs, and enterprises know that sweeping digital transformation is the key to survival and success. Mendix, a Siemens business, is quickly becoming the engine of the enterprise digital landscape. Its industry-leading low-code platform and comprehensive ecosystem integrates the most advanced technology to support solutions that boost engagement, streamline operations, and relieve IT logjams. Built on the pillars of abstraction, automation, cloud, and collaboration, Mendix dramatically increases developer productivity and empowers a legion of not-so-technical, 'citizen' developers to create apps guided by their particular domain expertise, facilitated by Mendix's engineered-in collaborative capabilities and intuitive visual interface. Recognized as a leader and visionary by leading industry analysts, the platform is cloud-native, open, extensible, agile, and proven. From artificial intelligence and augmented reality to intelligent automation and native mobile, Mendix is the backbone of digital-first enterprises. The Mendix enterprise low-code platform has been adopted by more than 4,000 leading companies around the world.
Press Inquiries
Sara Black
sara@bospar.com
(213) 618-1501
Dan Berkowitz
Senior Director of Global Communications
Dan.Berkowitz@mendix.com
(415) 518-7870
View original content to download multimedia:
SOURCE Mendix | https://www.mysuncoast.com/prnewswire/2022/04/12/mendix-enterprise-low-code-brings-e-homes-life-while-addressing-key-issue-our-time-global-warming-sustainability/ | 2022-04-12T13:12:51Z |
CARSON CITY, Nev., May 31, 2022 /PRNewswire/ -- As per reports, the glamping market size will reach a value of over USD five billion by 2028. While Europe currently dominates the market with a revenue share of approximately 35% in 2020, the concept is potentially expected to gain more popularity in the years to come. However, that points towards the need for portable power stations.
Going by what it means, glamping involves luxurious stay options and facilities. The fundamental nature of glamping indicates the need for a higher amount of electricity supply to cope with the energy needs of glampers. However, since conventional forms of electricity are pretty expensive, glampers need a camping power supply, which does not involve traditional electricity and relies on a sustainable power device for energy generation.
AceVolt Campower portable power station is one of the leading solutions to serve the high power and energy demands. It is a portable power station that uses LiFePO4 as its battery cathode. The product has been developed from extensive expert research and valuable inputs from over 100 campers involved in its R&D process. The Campower portable power station provides eco-friendly power and is a more efficient innovation from the viewpoint of camping needs.
One young glamping enthusiast said, "We rely on AceVolt Campower 2000 portable power station for our power needs while glamping across various locations. Campower is an incredible product. It charges quickly, and the LFP battery unit it integrates ensures an eco-friendly and long-lasting power supply. So, I'll say, with Campower by your side; your energy needs are sorted!"
Some of the features of AceVolt Campower portable power station that make it a perfect power supply solution for glamping include,
- High power and durable LFP battery unit
- Efficient and eco-friendly power generation
- Continuous power supply for glampers
- Thoughtfully designed portable power device
- Quick charge USBs
- Lightweight and portable
- Cost-effective in terms of both power generation as well as the initial purchase
- Absolute resonance with the evolving and high energy needs of glampers
Summary
The market for glamping is growing significantly. Reports suggest an enormous growth in glamping in the years to come. However, glamping's development and its substantial energy needs require portable power stations like, for instance, AceVolt Campower, which provide a continuous, energy-efficient, and eco-friendly power supply. Products like Campower serve glampers worldwide and prove a significant addition to the ever-expanding glamping horizon. The growing demand for glamping will soon augment the need for portable power stations across the globe.
AceVolt Power
media@acevolt.com
Website: www.acevolt.com
View original content to download multimedia:
SOURCE AceVolt Power | https://www.wibw.com/prnewswire/2022/05/31/acevolt-glamping-blossoms-creating-need-efficient-portable-power-stations/ | 2022-05-31T13:51:14Z |
FREMONT, Calif., June 8, 2022 /PRNewswire/ -- Linear Integrated Systems, Inc. (Linear Systems) announced it will be exhibiting at the Sensors Converge exhibition being held June 28 and June 29 at the McEnery Convention Center in San Jose, CA.
"Sensors Converge brings a unique focus to how ultra-high-performance semiconductors fit in with sensors and connectivity to build the Internet of Things," Linear Systems President Timothy S. McCune said. "We look forward to again having a wide range of discussions with attendees and other exhibitors on how we can help them build more capable systems."
Sensors Expo & Conference began 37 years ago with a focus on sensor technology. Since then, the event has expanded and diversified to include semiconductors and other technologies that work hand-in-hand with sensors.
Linear Systems' ultra-low-noise semiconductors are key components in a wide array of sensor systems ranging from underwater listening to accelerometers to the Rubin Observatory. "For the most demanding applications, our components take signal chain performance to a level that's not otherwise possible," McCune said.
Linear Systems specializes in the development and manufacture of precision, ultra-low-noise small-signal discrete components. Its parts, such as the LSK389 and LSK489, are used in highly demanding sensor systems ranging from the Large-Scale Synoptic Telescope to piezoelectric devices to sonobuoys. These parts also provide the front-end amplification for high-end test and measurement, medical and audio equipment.
Linear Systems is a full-service, privately-held, 35-year-old designer and manufacturer of small-signal discrete semiconductors with millions of parts in stock. The Fremont, CA-based company was founded by John H. Hall, co-founder of Intersil and founder of Micro Power Systems. The company fabricates wafers at three Silicon Valley foundries.
Linear Systems' product line consists of: Ultra-Low-Noise N-Channel and P-Channel Dual and Single JFETs, High-Speed Lateral DMOS Switches, Bipolar Transistors, BIFET Amplifiers, Current-Regulating Diodes, Low-Leakage Diodes, MOSFETs, and Voltage Controlled Resistors. Data sheets, application notes, SPICE models and other information can be downloaded at linearsystems.com.
Linear Systems' Sensors Converge booth is #437. For more information about Linear Systems please contact Ms. Laura Madonna at laura@linearsystems.com. For customer service, please contact Linear Systems at sales@linearsystems.com or call (510) 490-9160.
View original content to download multimedia:
SOURCE Linear Integrated Systems | https://www.wibw.com/prnewswire/2022/06/08/linear-systems-showcase-ultra-high-performance-discrete-semiconductors-sensors-converge-exhibition-san-jose-ca/ | 2022-06-08T16:12:07Z |
NEW YORK and MIAMI, July 28, 2022 /PRNewswire/ -- GenTrust, LLC (GenTrust), an employee-owned SEC-registered investment adviser, and Kudu Investment Management, LLC (Kudu), a provider of permanent capital solutions to independent asset and wealth managers, today announced that Kudu has acquired a minority passive interest in GenTrust. Terms were not disclosed.
Founded in 2011, GenTrust and its affiliates manage approximately $3 billion, providing customized investment and wealth advisory solutions to a global client base of ultra-high-net-worth families, institutions, and other registered investment advisers. The firm has 33 employees and offices in Miami, New York, and San Juan.
"Kudu is our ideal partner. They immediately understood our dedication to providing best-in-class investment management to our clients. We're thrilled to have their support," said Jim Besaw, GenTrust founding principal and chief investment officer. "GenTrust started out providing investment advice to hedge fund principals and expanded to serve other sophisticated investors. Kudu recognizes that the institutional-quality investment expertise we deliver to these clients has broad appeal and differentiates us in this hypercompetitive industry."
"We're excited to bring Kudu on board," said George Perez, GenTrust founding principal. "This partnership supports our commitment to being our clients' most trusted adviser while providing us with the strategic and financial resources to accelerate both organic and inorganic growth."
"GenTrust has a distinct and innovative approach to investment management," said Charlie Ruffel, Kudu managing partner. "We saw the opportunity to invest alongside the GenTrust team and support its continued growth as utterly compelling."
Since 2018, New York-based Kudu has acquired minority stakes in 19 asset and wealth managers headquartered in the U.S., Canada, U.K., and Australia. Kudu-affiliated asset and wealth managers now collectively invest more than $70 billion on behalf of individual and institutional investors worldwide in traditional and alternative strategies and market segments. To date, Kudu has raised more than $800 million in equity and debt capital from White Mountains Insurance Group, Ltd. and Massachusetts Mutual Life Insurance Company (MassMutual).
Seward & Kissel LLP served as legal adviser to GenTrust and Kudu.
GenTrust, LLC is an SEC-registered investment adviser that provides a full range of wealth and asset management services. GenTrust is independent, employee-owned, and committed to upholding the fiduciary standard by putting clients' best interests first. GenTrust along with its affiliates manages approximately $3 billion in assets for ultra-high-net-worth individuals, families, family offices and institutions, including sub advised relationships for other registered investment advisers. For more information, visit https://gentrustwm.com/.
Kudu provides long-term capital solutions—including generational ownership transfers, management buyouts, acquisition and growth finance, as well as liquidity for legacy partners—to independent asset and wealth managers globally. Kudu was founded in 2015 and is backed by capital partners White Mountains Insurance Group, Ltd. (NYSE: WTM) and MassMutual. For more information, visit www.kuduinvestment.com
Media Contacts
For Kudu:
Margaret Kirch Cohen/Richard Chimberg
Newton Park PR
+1 847-507-2229
+1 617-312-4281
margaret@newtonparkpr.com
rich@newtonparkpr.com
For GenTrust:
Robert Zito/Deborah Kostroun
Zito Partners
+1 917-692-0747
+1 201-403-8185
bob@zitopartners.com
deborah@zitopartners.com
View original content:
SOURCE Kudu Investment Management, LLC | https://www.wibw.com/prnewswire/2022/07/28/gentrust-adds-kudu-investment-management-strategic-investor/ | 2022-07-28T19:06:57Z |
Elon Musk to address Twitter employees for 1st time this week
(AP) - Elon Musk will address Twitter employees Thursday for the first time since the billionaire and Tesla CEO offered $44 billion to buy the social media platform, the company said Tuesday.
Twitter CEO Parag Agrawal announced an all-hands meeting to employees in an email on Monday, saying they’d be able to submit questions in advance, according to The Wall Street Journal.
Musk reached a deal to acquire Twitter in April, but he has clashed with the company repeatedly since then over the number of bots, or fake accounts, that exist on the social media platform. Musk said he was putting the deal on hold on May 13, saying he needed more data from the company about those bot accounts.
It as not clear if this week’s meeting means that the two sides have come closer together on resolving those issues. Shares of Twitter have been trading well below the $54.20 per share that Musk has offered amid on Wall Street that the deal will be consummated.
Shares of Twitter Inc. rose almost 3% before the opening bell Tuesday to $38.02.
Multiple outlets reported last week that Twitter planned to offer Musk access to its “firehose” of raw data on hundreds of millions of daily tweets.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/14/elon-musk-address-twitter-employees-1st-time-this-week/ | 2022-06-14T13:14:50Z |
South Carolina, Staley honored with downtown parade
COLUMBIA, S.C. (AP) — Thousands of fans filled the streets of downtown Columbia for a celebration of South Carolina’s second women’s basketball national championship on Wednesday. The Gamecocks closed out a wire-to-wire season at No. 1 with a 64-49 over UConn in the national title game in Minneapolis on April 3. Officials awaited coach Dawn Staley and the players at the Statehouse to honor the champions. Rep. Jim Clyburn (D-S.C.) invited them to the White House to be received by President Biden in the next few weeks. Staley thanked her supports and told them, “Let’s run it back,” for another title. | https://localnews8.com/sports/ap-national-sports/2022/04/13/south-carolina-staley-honored-with-downtown-parade/ | 2022-04-14T00:41:35Z |
MILAN, June 15, 2022 /PRNewswire/ -- To fulfill the growing need of Colorectal Cancer Screening organizations and big clinical laboratories, Sentinel Diagnostics - an Italian company focused for more than 35 years on the development and production of In Vitro Diagnostics for the most advanced Clinical Chemistry, Immunochemistry and Molecular Diagnostics platforms - announces the launch of the SENTiFIT® 800 Analyzer, a fully automated and high throughput system for Fecal Immunochemical Test.
Colorectal Cancer (CRC) is one of the most dangerous and lethal cancers. It represents the second leading cause of cancer related death in the western world with almost 2 million of new cases/year and 0.9 million deaths (www.iarc.fr). If early diagnosed, CRC is curable in most of the cases, therefore most countries organize national or regional screenings to identify the cancers in their early stage, making the cure more efficient and thus considerably decreasing mortality. Those screening programs are testing millions of people every year and this creates new challenges in the practical organization of the laboratories. The new high throughput analyzer SENTiFIT® 800 can meet the need of throughput, automation and accuracy of the most demanding situation.
"For almost 20 years, Sentinel Diagnostics has supported the fight against colorectal cancer with high quality FOB Gold® test and analyzers," explains Marco Buonaguidi, Head of Sales and Marketing. "The SENTiFIT® 800 has been developed specifically for FIT screening centers and represents a step further in the direction to strengthen our commitment in the field of gastrointestinal diseases diagnosis".
The SENTiFIT® 800 Analyzer is a high-end system dedicated to fecal testing able to process up to 550 test/h, 1 million tests every year samples in total automation and full traceability. It delivers a relevant reduction of hands-on time, better management of resources and decreasing of manual errors. The system is fed by a dedicated sample loader (Rack Handler RH-150) that provides a steady flow of up to 250 samples to the analyzer unit.
The CE-marked SENTiFIT® 800 Analyzer is compatible with the FOB Gold® line, the complete solution for the identification of occult blood in feces, and with the CALiaGold® line reagents for the quantification of fecal Calprotectin, the first-choice test to identify the presence of inflammation in the bowel.
Logo - https://mma.prnewswire.com/media/1839956/Sentinel_Diagnostics_Logo.jpg
View original content to download multimedia:
SOURCE Sentinel Diagnostics | https://www.wibw.com/prnewswire/2022/06/15/sentinel-diagnostics-launches-totally-automated-high-throughput-analyzer-fecal-immunochemical-testing/ | 2022-06-15T09:06:25Z |
- Advance PRO1184 and PRO1160 into clinical trials
- Accelerate multiple programs into preclinical development and further strengthen/expand innovative technology platforms
- Build vertically integrated internal capabilities for more efficient drug development
WOODINVILLE, Wash. and SUZHOU, China, June 2, 2022 /PRNewswire/ -- ProfoundBio, a biotech company focusing on the development of novel targeted therapies, announced the closing of a $70 million Series A+ financing round led by Sequoia China. Current investors Lilly Asia Venture, Oriza, Chang'an Capital, LYFE Capital, and K2VC also participated in this round of financing. ProfoundBio has raised a total of more than $138 million in the past two years. Following the closing, Lynn Yang from Sequoia China will be joining the company's Board of Directors.
ProfoundBio will use the proceeds to advance PRO1184 and PRO1160 into Phase 1 clinical trials. PRO1184 is a folate receptor alpha (FRα)-directed ADC for potential treatment of multiple solid tumors and PRO1160 is a CD70-directed ADC for both hematological and solid tumor indications. Preclinical studies suggest that both compounds may achieve favorable benefit to risk profiles in the clinic. Additionally, the company will continue to accelerate multiple early-stage programs to preclinical and CMC development, strengthen and expand innovative ADC technologies, and establish vertically integrated development capabilities to streamline discovery to clinical trials.
"This financing, especially in the context of this challenging economic environment, represents the confidence our new and all our current investors have in our capabilities, pipeline, and ADC technology." said Baiteng Zhao, PhD, co-founder, CEO, and Chair of the Board of ProfoundBio. "We made tremendous advancements as we continue to execute on our plan to bring novel therapeutics to patients with cancer. We will soon submit an IND for PRO1184, already initiated IND-enabling activities for PRO1160, and continue to expand our pipeline. In addition, we established multiple novel ADC technology platforms as presented at the 2022 AACR annual meeting. Finally, and of equal importance, our team continues to strengthen with numerous key people identifying with and wanting to be a part of our vision."
Lynn Yang, Partner at Sequoia China, said, Sequoia China invests in founders who are truly capable of pushing the envelope of ground-breaking technologies. We invested in the ProfoundBio Series A financing and led the following A+ financing. ProfoundBio is a leading company in ADC research and development, and they deeply understand the balance between an ADC's effectiveness and safety. With proprietary underlying technologies, ProfoundBio has developed a pipeline of products that are expected to be highly competitive in the market. The company's products will enter into the clinical stage and potentially provide better care for patients in need.
About ProfoundBio
ProfoundBio is an oncology biotherapeutics company focused on the development of novel antibody-based therapeutics with curative potential for patients with cancer. Built on innovative technology platforms, ProfoundBio has developed a pipeline consisting of multiple candidates that are currently in discovery and preclinical development stages targeting a broad range of tumors. ProfoundBio has operations in both the greater Seattle area, WA, USA and Suzhou, China.
For more information, please visit www.profoundbio.com.
About Sequoia China
Sequoia China helps daring founders build legendary companies. In partnering with Sequoia, companies benefit from our unmatched community and the lessons we've learned over 50 years. As "The Entrepreneurs Behind The Entrepreneurs", Sequoia China focuses on three sectors: technology, consumer and healthcare. Over the past 17 years we've had the privilege of working with more than 900 companies in China.
Media/Investor contact
Tae Han
Email: pr@profoundbio.com
View original content:
SOURCE ProfoundBio | https://www.mysuncoast.com/prnewswire/2022/06/02/profoundbio-announces-completion-70-million-series-financing-advance-antibody-drug-conjugate-adc-programs-into-clinic/ | 2022-06-02T12:55:55Z |
Couple facing child abuse, neglect charges in ‘child torture’ case, investigators say
SPRINGFIELD, Mo. (KY3/Gray News) - A couple in Missouri is facing several charges of child abuse and neglect.
Police have accused Joseph and Peggy Flores of actions such as putting their teenage son in a dog kennel for punishment. Investigators said medical examiners described the level of abuse as near “child torture.”
KY3 reports the abuse took place in March 2020. Court records showed the 15-year-old boy talked to an investigator at the Child Advocacy Center later in July 2020.
“One of the most important things is that we want to make sure that we are allowing the child to participate in the process at whatever level they want to,” said Micki Lane with the Child Advocacy Center.
Documents showed the 15-year-old told the forensic interviewer that his parents would lock him in a room with the window nailed shut and put him in a kennel, naked, with two dogs.
According to investigators, the teenager said his parents would pour urine on him as punishment. His parents would also whip his body with an extension cord while yelling profanities at him.
“Over 90% of the time, allegations of abuse are done by someone in the family, or someone known well to the family,” Lane said.
She said the advocacy center did not interview the teenager in this case, but abuse can leave lasting scars.
“Survivors of abuse, learn to live with what’s happened. It doesn’t have to define them,” Lane said. “They may not think about it every day, but it’s not something that just goes away.”
Documents also showed that examiners found physical scars, including patterned bruising. The child told forensic interviewers the abuse started when Springfield Public Schools shut down, and his parents had to home school children due to the COVID-19 pandemic.
Lane said child abuse is preventable. She said the three most important things are understanding, identifying and reporting suspicions.
“When we see something, and we report it, we want to support that child or teen,” Lane said. “We want to believe them. Belief is one of the things that significantly impact a child or teen’s ability to heal.”
An arrest warrant for the couple is awaiting a judge’s signature.
Prosecutors said the child has since been removed from the home, and the delayed arrest warrant has been partly due to the pandemic.
Copyright 2022 KY3 via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/01/couple-facing-child-abuse-neglect-charges-child-torture-case-investigators-say/ | 2022-06-01T22:59:15Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Masih Alinejad, one of the most outspoken opponents of the Islamic regime in Tehran, was honored today by American Jewish Committee (AJC) with the global advocacy organization's Moral Courage Award.
"Masih Alinejad has dedicated her life to exposing the abuses of the Iranian regime, risking her life to shed light on Iran's human rights abuses, and to advocate for other Iranian women who are fighting for a better future," said Lisa Pruzan, a member of AJC's National Board of Governors and AJC's Women's Leadership Board, who presented the award at the AJC Global Forum.
AJC honored Alinejad for her "moral, intellectual, and physical courage, extraordinary bravery, and commitment to the protection of human rights."
Thanking AJC, Alinejad said she wants to share the Moral Courage Award with "the brave Iranian women" who have been treated as "second-class citizens" since the 1979 Islamic revolution. "I am a child of the Iranian revolution, which was supposed to bring freedom, prosperity and joy. However, it became a revolution against women," she said.
Alinejad began her journalism career covering the parliament in Tehran and drew controversy for her articles about corrupt lawmakers. She left Iran in 2009, following the crackdown on protests against the disputed presidential elections, and moved to the United States.
In 2014, Alinejad launched "My Stealthy Freedom," an online campaign against the Iranian regime's mandate that women wear the hijab. It became the largest civil disobedience campaign in Iran's history. Today, Alinejad has more than 9 million followers on her social media platforms.
"If you can't choose what to put on your head, how can you be in charge of what is in your head," Alinejad told the AJC Global Forum. "The fight against compulsory hijab is fighting against discrimination and for our own dignity as women, as human beings."
"Iranian women lost many of the rights that generations before had fought so hard to get," she added. In addition to the compulsory hijab, women judges have been expelled, women singers banned from performing, and women athletes barred from participating in certain sports. And laws on divorce, child custody and inheritance were changed in favor of men.
Alinejad emphasized that Iran's leaders depend on popular support for its "Death to USA," "Death to Israel," and "compulsory hijab" policies. Removing any of those pillars of support would bring about the regime's collapse. "Think of compulsory hijab as the Berlin Wall. Just as the fall of the Berlin Wall led to the fall of communism, the same is true for the compulsory hijab," she said.
The extent of the regime's efforts to silence her was exposed last July, when the FBI arrested four Iranian intelligence officers in New York, who were planning to kidnap Alinejad and take her to Iran.
AJC has been sounding the alarm for years about the Iranian regime's pervasive human rights abuses; its repeated calls for the annihilation of Israel, and support for Hamas, Hezbollah and other terrorist organizations; pursuit of nuclear weapons capability; and interference in the internal affairs of countries across the Middle East.
"My work is not done," Alinejad concluded. "I can feel miserable, or I can make my oppressors feel miserable. I choose the second option."
AJC Global Forum, taking place June 12-14 in New York City, is the signature annual event of the leading global Jewish advocacy organization. It brings together thousands of participants from across the United States and dozens of countries around the world.
View original content:
SOURCE American Jewish Committee | https://www.kxii.com/prnewswire/2022/06/13/american-jewish-committee-presents-moral-courage-award-masih-alinejad-prominent-opponent-iranian-regime/ | 2022-06-13T18:30:01Z |
– Competitive Grants Program Application Period to Begin on June 15, 2022 –
DUBLIN, June 2, 2022 /PRNewswire/ -- Alkermes plc (Nasdaq: ALKS) today announced that the company will accept applications for its Alkermes Inspiration Grants® program beginning on June 15, 2022. Now in its sixth year, this competitive grant program will provide up to a total of $500,000 in grants to assist nonprofit organizations in their work to address the needs of people living with addiction, serious mental illness or cancer.
"In addition to our work developing new medicines designed to address the real world needs of patients, we are committed to working toward positive change for people affected by addiction, serious mental illness or cancer," said Richard Pops, Chief Executive Officer of Alkermes. "This year, we have sharpened the focus of the Alkermes Inspiration Grants program to support innovative programs focused on unmet patient and caregiver needs, while continuing to prioritize efforts to address longstanding and widespread health disparities."
This year's submissions will be evaluated based on the set of criteria outlined in the request for proposals, with a focus on people affected by alcohol dependence, opioid dependence, schizophrenia, bipolar I disorder, melanoma or ovarian cancer. Proposals should include clearly defined needs, objectives, activity format, mode of delivery and intended audience, and be relevant to historically under-resourced or underrepresented communities. Alkermes seeks to support programs that have a broad reach within the U.S. and potential to lead to sustained impact. Grant recipients will be selected by a committee that includes senior leaders from Alkermes and individuals chosen to represent the perspectives of people with lived experience, caregivers and patient advocates.
Eligible U.S. 501(c)(3) nonprofit organizations may submit a grant application between June 15, 2022 and July 15, 2022. For more information on the Alkermes Inspiration Grants program, including submission instructions, additional eligibility guidelines, evaluation criteria and a link to the application portal, please visit https://www.alkermes.com/responsibility/alkermes-inspiration-grants-2022.
Alkermes plc is a fully-integrated, global biopharmaceutical company developing innovative medicines in the fields of neuroscience and oncology. The company has a portfolio of proprietary commercial products focused on alcohol dependence, opioid dependence, schizophrenia and bipolar I disorder, and a pipeline of product candidates in development for cancer and neurodegenerative disorders. Headquartered in Dublin, Ireland, Alkermes plc has a research and development center in Waltham, Massachusetts; a research and manufacturing facility in Athlone, Ireland; and a manufacturing facility in Wilmington, Ohio. For more information, please visit Alkermes' website at www.alkermes.com.
ALKERMES INSPIRATION GRANTS® is a registered service mark of Alkermes, Inc.
Alkermes Contacts:
For Investors: Alex Braun, +1 781 296 9493
For Media: Gretchen Murphy, +1 781 609 6419
View original content to download multimedia:
SOURCE Alkermes plc | https://www.kxii.com/prnewswire/2022/06/02/alkermes-announces-2022-alkermes-inspiration-grants-program-support-innovative-programs-focused-people-affected-by-addiction-serious-mental-illness-or-cancer/ | 2022-06-02T12:53:56Z |
WASHINGTON, Aug. 9, 2022 /PRNewswire/ -- Earlier today, President Biden signed into law the CHIPS and Science Act of 2022, which also authorized "Community" becoming the seventh category of the Malcolm Baldrige National Quality Awards. The bill authorizes communities across the United States to apply for, and receive, the highest-level of recognition for quality and performance excellence using the Baldrige Criteria. Award recipient communities will serve as national role-models and share their best practices, which will allow thousands of other communities across America to learn from them.
Tommy Gonzalez, City Manager of El Paso, Texas, formerly led the City of Irving, Texas to win the Malcolm Baldrige National Quality Award using the Nonprofit Criteria in 2012. He is a Board Member for Communities of Excellence 2026 and Chairs the Quality Texas Foundation. As Mr. Gonzalez has noted, "Engaging multiple organizations can take communities to the next level in the pursuit of excellence for the communities they serve. The City of El Paso has a history of collaboration that is rooted in growing opportunities and service excellence in our organization, and for our community. Through our award-winning Communities of Excellence (COE) efforts, we work collaboratively with over 40 organizations across our community, achieving better results, improving services, and changing people's lives. Future Baldrige award-winning communities will serve as role models for others, spreading the possibilities created by the Baldrige model in ways not possible before."
The Baldrige Framework and Criteria will help community leaders and organizations improve community performance related to governance, health and wellness, educational attainment, economic vitality, and overall quality of life. The Framework and Criteria utilize a "systems perspective" taking the most current leadership and management proven practices and turning them into a series of questions that help organizations leverage their strengths, overcome obstacles and challenges, and synchronize their organization to achieve their mission and reach higher levels of performance excellence.
"The Baldrige Foundation is exceptionally proud to support this great addition to the Baldrige Framework" said Al Faber, President and CEO of the Baldrige Foundation in Washington D.C. "The Baldrige Foundation provides organizational and administrative support to Communities of Excellence 2026 and is the sole sponsor of the COE Criteria and Framework. We have worked relentlessly to promote "Community" as the seventh category of the Baldrige Awards and have seen true, bipartisan support in Congress for this initiative. We look forward to scaling-up participation in communities nationwide and securing additional funding to help us drive success using the new Community Framework."
For more information, contact: Mark Wayda, 614-600-0432 or at mwayda@baldrigefoundation.org.
The Baldrige Foundation was created as the private partner to the Baldrige Performance Excellence Program in 1988. Its mission is to ensure the long-term financial viability of the Baldrige Performance Excellence Program and to support organizational performance excellence throughout the U.S. and the world. The Baldrige Program located at NIST within the U.S. Department of Commerce, is a separate entity and is solely responsible for managing and administering the Malcolm Baldrige National Quality Award. For more information on the Baldrige Award process please visit: https://www.nist.gov/baldrige/baldrige-award.
View original content:
SOURCE Malcolm Baldrige Foundation | https://www.wibw.com/prnewswire/2022/08/09/congress-adds-community-7th-category-malcolm-baldrige-national-quality-awards/ | 2022-08-09T15:51:40Z |
NEW YORK, Aug. 26, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Co-Diagnostics, Inc. (NASDAQ: CODX).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/co-diagnostics-inc-loss-submission-form-2/?id=31172&from=4
This lawsuit is on behalf of a class of all persons and entities who purchased the publicly traded securities of Co-Dx during the period of May 12, 2022 through the close of the market on August 11, 2022 (4:00 p.m. ET).
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until October 17, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Co-Diagnostics, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) demand for the Company's Logix Smart™ COVID-19 test had plummeted throughout the quarter ended June 30, 2022, and (ii) as a result, defendants' positive statements about the demand for its Logix Smart™ COVID-19 test lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/08/26/codx-shareholder-alert-jakubowitz-law-reminds-co-dx-shareholders-lead-plaintiff-deadline-october-17-2022/ | 2022-08-26T10:49:58Z |
NEW YORK, July 27, 2022 /PRNewswire/ -- AXA XL Insurance has appointed Matthew Waters as Head of US Middle Market to lead an initiative to expand its reach in the US commercial insurance market.
Based in Boston, Mr. Waters reports to Joe Tocco, AXA XL's CEO of the Americas. Commenting on the appointment, Mr. Tocco said: "In the US, AXA XL's market leadership in the large commercial, financial lines & specialty insurance segments is well-established. Extending our presence in the adjacent middle market businesses in the US is a clear opportunity.
He continued: "When we speak about middle market, we are referring to those companies with operations that require expert underwriting, claims, and risk services. Off-the-shelf products and services generally do not meet their needs.
"We're excited to have someone with Matt's experience and track record to help us determine how we can better serve this important market segment which, we believe, would benefit from AXA XL's expertise and capabilities."
In his new role Mr. Waters will build out our target middle market client offering, leveraging AXA XL's strength in underwriting, data, risk consulting and claims handling to deliver tailored solutions for these identified businesses.
Mr. Waters joins AXA XL from Liberty Mutual, bringing more than 20 years of middle market underwriting management experience and demonstrated leadership across various and diverse property/casualty segments including Construction and Energy. He most recently served as EVP, General Manager for Liberty's Middle Market business, managed approximately $1B nationwide P&L, CUOs and Division Vice Presidents for Middle Market Underwriting. In addition to his management responsibilities, he also served as an executive sponsor for several Employee Resource Groups including Men as Allies.
Follow AXA XL on Twitter and on LinkedIn.
View original content to download multimedia:
SOURCE AXA XL | https://www.mysuncoast.com/prnewswire/2022/07/27/axa-xl-announces-new-role-develop-middle-market-business-us/ | 2022-07-27T15:19:13Z |
With Three Entrances, Montana is the Ideal Location for Experiencing the Park
HELENA, Mont., May 13, 2022 /PRNewswire/ -- Located in Montana, Idaho and Wyoming, Yellowstone National Park – the world's first national park – is celebrating its 150th anniversary this year. Encompassing 2.2 million acres, Montana has three of the five entrances to the park, including the only entrance that's accessible to year-round vehicle traffic through Gardiner.
In 2021, Yellowstone National Park welcomed 4.86 million visitors and 2022 is shaping up to be another busy year as visitors celebrate one of the most special places in the world. And while people will be visiting the park en masse this summer, here are the best ways to experience it without the masses.
- Time it Right. No matter when you visit this summer, chances are that you'll find crowds of people if you go during the day. Time your trip so you're up early to catch the rising steam at Grand Prismatic Spring, watch Old Faithful erupt after the sun goes down and soak in the experience against a star-filled sky or get up with the sun to watch its rays spread over Yellowstone's diverse landscapes.
- Hike it Out. The truth is that most visitors to Yellowstone National Park stick to the roads. If you really want to get away from other people, you should hit the trails. With 900 miles of trails throughout the park, there are plenty to choose from. Keep in mind that you should always hike with a friend, be prepared, carry (and know how to use) bear spray and give wildlife a wide berth.
- Go With a Guide. While you can visit the park on your own, one of the best ways to have a deeper experience is to go with a guide or outfitter on a horseback ride or llama trek. There are also seasoned guides who offer activities like backpacking, biking, fishing and photography, as well as road-based tours.
And while Yellowstone National Park will remain a bucket-list destination, there are plenty of things to see and do outside of the park's boundaries. Visitors are easily able to exit one of the park's three entrances in Montana on their way to other adventures, including:
- Driving the Beartooth Highway. A wonder in and of itself, the Beartooth Highway is a National Scenic Byway that weaves through both Montana and Wyoming and is accessible by exiting Yellowstone's northeast entrance. The 68-mile-road extends from Cooke City, Montana to Red Lodge, Montana, and gives its passengers jaw-dropping views and access to high alpine lakes and trails in the Beartooth Mountains.
- Visit Red Lodge. Surrounded by the Beartooth and Absaroka mountains, Red Lodge is one of Montana's most charming small towns. With a historic and strollable downtown, Red Lodge is a place to put on your must-visit list. It's also a launching point for outdoor recreation and adventures, including hiking, horseback trail rides and river trips.
- Stroll Gardiner. Steps from the park's north entrance is the town of Gardiner. Home to just under 900 residents, in the summer this gateway community is hopping. From August 23 – 28, there will be several tips on display at the tipi village project at the historic Roosevelt Arch. You can also fish, raft and float with several local outfitters in Gardiner, as well as soak in nearby hot springs in Paradise Valley.
- Walk Through Montana History. Visitors who base their trip in West Yellowstone (or leave the park through its west entrance) are less than 90 minutes from Virginia City and Nevada City, two of the most well-preserved ghost towns in the country. During the summer season (Memorial Day – September), visitors can take history tours, check out local shops and saloons, stay the night in a historic property, pan for gold or travel by stagecoach.
- Learn more about Yellowstone
National Park and the ways to celebrate its 150th anniversary at VisitMT.com.
ABOUT VISIT MONTANA
Visit Montana markets Montana's spectacular unspoiled nature, vibrant and charming small towns, breathtaking experiences, relaxing hospitality, and competitive business climate to promote the state as a place to visit and do business. For more information, go to VISITMT.COM.
View original content to download multimedia:
SOURCE Visit Montana | https://www.kxii.com/prnewswire/2022/05/13/ways-get-off-the-beaten-path-during-yellowstone-national-parks-150th-anniversary/ | 2022-05-13T19:57:35Z |
The body found inside a submerged car in Northern California Sunday has been confirmed to be missing teen Kiely Rodni, who disappeared at a campground party in the area about three weeks ago, police said.
Hundreds of law enforcement officers and volunteers have been searching for the 16-year-old since she was last seen at the Prosser Family Campground around 12:30 a.m. on August 6. Authorities were initially treating her disappearance as an abduction, in part because they could not locate her vehicle, the Placer County Sheriff's Office said.
After search crews found a body inside a car that was submerged in Prosser Lake, authorities said it was "more than likely" Kiely. An autopsy has now determined that to be true, according to a statement posted on Facebook from the sheriff's office.
Kiely's cause and manner of death were not released, and the investigation into her death is still ongoing, according to the statement.
"The Placer County Sheriff's Office and the Nevada County Sheriff's Office are in communication with Kiely's family and offer our deepest condolences to them during this extremely difficult time," the post said.
Nevada County Sheriff Shannan Moon earlier said the vehicle was "located within a search zone that we have been searching since the very beginning of our operation."
Volunteer dive group Adventures with Purpose, who often join underwater searches, located the vehicle, Moon said. It was found upside down about 14 feet beneath the lake's surface, which has dropped about 3 feet since the teen first disappeared, according to Nevada County Sheriff's Capt. Sam Brown said.
Kiely's family said in a statement Monday they are "eternally grateful" for the support they have received during the search.
"We have weathered a storm of unfathomable force, and it is purely thanks to the army of warriors, matriarchs, healers, and helpers holding us up that we continue to stand today," the statement read. "While we accept this sadness cast under death's shadow, the rising sun shines light upon us, reminding us not to mourn our loss, but to celebrate Kiely's spirit and the gift that we all received in knowing her. Kiely will surely remain with us even though we will not get her back."
Between 200 to 300 juveniles attended the campground party where Kiely was last seen, officials have said.
The grounds are about 17 miles north of Lake Tahoe and 36 miles from Reno, Nevada.
Atlanta is one of the most exciting frontiers for contemporary film. Giggster explores five Atlanta filming locations from celebrated action films. Click for more.
CNN's Stella Chan, Amir Vera and Kacey Cherry contributed to this report.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/news/body-discovered-in-submerged-car-confirmed-to-be-missing-california-teen-kiely-rodni-police-say/article_2ca66eff-b76d-5ed6-9fa6-2f38b001d85b.html | 2022-08-23T21:53:16Z |
Survey also reveals the degree to which financial concerns increased, values changed, and the top reasons people moved during the pandemic
ERIE, Pa., June 21, 2022 /PRNewswire/ -- In a national survey of U.S. consumers commissioned by Erie Insurance, two-thirds of respondents said they are more concerned about their financial security than they were before—and many are taking steps to address it. The wide-ranging survey also revealed what people miss most about working from home and like most about returning to the office and, if they moved during the pandemic, why.
As a company that increases people's financial security by providing life insurance, homeowners insurance and auto insurance, Erie Insurance periodically commissions surveys to stay on top of changes in consumer attitudes and behaviors.
The survey found that nearly two-thirds of respondents (64%) value spending quality time with family more today than they did before; more than half (55%) value financial security more, and about the same percentage (54%) value spending quality time with friends more.
In addition:
- Two-thirds of respondents (66%) said the pandemic made them more concerned about their financial security than they were before.
- 61% said the pandemic made them more concerned about how their family would be taken care of financially if they became seriously ill, or worse, could no longer provide for them.
- Half (49%) said the pandemic made them question whether they had the right type and amount of life insurance as part of their overall plan for financial security, and a quarter (25%) contacted their insurance agent about it.
"It's been said that life insurance is a product you buy with the hope you don't need it right away, but our survey found that having a policy provides value," said Louis Colaizzo, senior vice president of Erie Family Life, Erie Insurance. "In fact, 44% of respondents said the pandemic made them appreciate the peace of mind they get from having life insurance even more than they did before."
One in five respondents (21%) said they moved during the pandemic while 79% stayed put.
Topping the list of reasons for moving (36%) was to live in a place with a better quality of life. Living closer to family and having a lower cost of living tied for the second most mentioned reason for moving (26%, respectively), followed by having a larger home so everyone could spread out more (18%) and to live somewhere with a nicer climate (16%). Nine percent of people moved because they got sick of their house after spending so much time in it.
For many people who worked from home during the pandemic, returning to the office is bittersweet. The survey revealed what they miss or will miss most about working from home and what they like or will like most about going back.
Among a list of 11 things people like or will like most about going back to the workplace, having facetime with the boss came in last, with only 14% saying this. However, men were four times more likely than women to say facetime with the boss is one of the things they'll like most. Almost a quarter of men (24%) said this compared with only 6% of women.
As national traffic safety organizations sounded the alarm about the speeding crisis intensifying during the pandemic, Erie Insurance wanted to know if people think drivers are still speeding more than usual.
38% of respondents agree that it seems like the number of speeding drivers increased a lot earlier in the pandemic and that hasn't changed – drivers are still speeding to about the same degree. But when asked about their own speeding habits, only 15% said they found themselves speeding earlier in the pandemic and still do. 69% said they didn't speed before the pandemic and don't now.
Additional survey results are available to media upon request.
This survey was conducted online by Falls & Co. on behalf of Erie Insurance from April 1 through April 8, 2022, among 500 U.S. residents ages 18 and older. Falls established the sampling quotas, designed the questionnaire, tabulated the survey responses, and managed the overall project. Falls used Dynata (Plano, TX) to administer the survey via the internet, including mobile devices, to Dynata's captive U.S. panels who met the age, gender, and regional demographic criteria.
According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 11th largest homeowners insurer, 13th largest automobile insurer and 13th largest commercial lines insurer in the United States based on direct premiums written. Founded in 1925, Erie Insurance is a Fortune 500 company and the 19th largest property/casualty insurer in the United States based on total lines net premium written. Rated A+ (Superior) by A.M. Best, ERIE has more than 6 million policies in force and operates in 12 states and the District of Columbia. News releases and more information are available on ERIE's website at www.erieinsurance.com.
View original content to download multimedia:
SOURCE Erie Insurance Group | https://www.kxii.com/prnewswire/2022/06/21/national-survey-by-erie-insurance-shows-what-people-miss-most-about-working-home-like-most-about-returning-workplaces/ | 2022-06-21T12:27:27Z |
W. CONSHOHOCKEN, Pa., June 28, 2022 /PRNewswire/ -- Today, global standards organization ASTM International launched ASTM Xcellerate™, an emerging technology program focused on strengthening the world's emerging technology from research to standards.
"At ASTM International, we believe standards offer an invaluable platform for global collaboration," notes Kathie Morgan, ASTM International president. "The ASTM Xcellerate program aims to put standards at the heart of all emerging technologies – promoting excellence, accelerating development, and bridging the gap to sustained success."
The ASTM Xcellerate program builds on ASTM's globally recognized standards development process to provide the speed and agility new technologies need to survive and thrive.
Intending to accelerate progress across all emerging technologies, ASTM Xcellerate has a scope focused on:
- empowering broader global collaboration by harmonizing the needs of international research communities and embedding standards at the very start of the emerging technology process;
- accelerating commercialization and reducing costs by supporting key R&D, avoiding duplication of work, and minimizing wasted resources; and
- bridging the gap between research and full-scale operation by connecting industry and key stakeholders with relevance built in.
ASTM Xcellerate is built around four key pillars designed to meet the needs of industry, research organizations, regulators, academia, and governments as they explore the benefits standards can bring to emerging technologies around the world. The four pillars include:
- Centers of Excellence;
- Technical Experts;
- Market Insight; and
- Advisory Services.
"At present, ASTM Xcellerate currently covers four primary technologies including additive manufacturing, exo technologies, emerging airspace, and robotics and automation," according to Brian Meincke, ASTM International vice president, global business development and innovation strategy. "ASTM is globally recognized as a leading standards development organization among these industries and the ASTM Xcellerate program will support and grow our thought leadership in these and other key emerging technologies."
Meincke notes that in the future, the aim is to expand ASTM Xcellerate to include other exciting technologies where ASTM's research to standards approach can add real value.
ASTM International also launched a new website to serve as a hub for all ASTM Xcellerate activities. To learn more about ASTM Xcellerate, including programs, events, news and insights, and ways to get involved, visit www.astmxcellerate.com.
About ASTM International
Committed to serving global societal needs, ASTM International positively impacts public health and safety, consumer confidence, and overall quality of life. We integrate consensus standards – developed with our international membership of volunteer technical experts – and innovative services to improve lives… Helping our world work better.
Media Inquiries: Dan Bergels, tel +1.610.832.9602; dbergels@astm.org
Xcellerate Contact: Tessa Sulkes-Llewelyn, tel +1.610.832.9677; tsulkes@astm.org
View original content to download multimedia:
SOURCE ASTM International | https://www.wibw.com/prnewswire/2022/06/28/astm-international-launches-xcellerate-program-emerging-technologies/ | 2022-06-28T14:24:29Z |
PALM BEACH GARDENS, Fla., June 7, 2022 /PRNewswire/ -- The International Luxury Hotel Association (ILHA) announces its 11th annual conference shaping the future of luxury hospitality.
The ILHA will host a two-day event at the Arizona Biltmore on December 14&15, 2022 with leaders in the luxury hotel industry, enhanced networking and speaking sessions designed to give an overview of trends and innovations influencing the luxury space.
Attendees will be able to learn from luxury hospitality's biggest innovators and form meaningful relationships that will grow their business. They will meet owners, operators, investors and leaders who are driving the recovery and discover new products and powerful strategies to face current challenges.
Peter Strebel, Chairman, Omni Hotels & Resorts, Rika Lisslö, Vice President Acquisitions & Development, Hyatt, Jennifer Barnwell, President, Curator Hotel & Resort Collection, Jack Ezon, Founder, EMBARK Beyond and Jonathan Falik, Founder and CEO, JF Capital Advisors are a few of the speakers in an impressive lineup.
"The ILHA Luxury Hospitality Conference will be a powerful exchange of ideas from experts across the luxury hotel space, and Encore is thrilled to partner on the event production and execution for both the in-person and hybrid experiences," said Mike Stengel, SVP, Strategic Partnerships & Venue Relations for Encore. "Now is the time to be talking about trends and innovation, and we look forward to showcasing our expertise in event production and technology and joining the conversation."
Peloton Commercial will be the exclusive fitness partner at the ILHA's Luxury Hotel Conference with on-site wellness breaks to keep attendees refreshed and motivated throughout the event.
Want to find out more about the event? View conference reviews here
Early bird pricing ends soon so register now to claim your spot and upgrade to a VIP pass to gain access to a VIP reception and lounge.
The International Luxury Hotel Association is the luxury hospitality's preeminent association promoting, unifying and advancing the industry through insight, opinion and research.
ILHA reaches an audience of more than 600,000 hotel professionals in 90+ countries and produces LUXURY HOTELIERS Magazine, ILHA SmartBrief and the INSPIRE SUMMITS in Europe and North America. They also run LinkedIn's largest hospitality and travel group which ranks in the top 100 of the more than 10 million professional groups on LinkedIn. Connect with us on theilha.com, hospitality and travel forum, ILHA Facebook, ILHA Instagram, ILHA Twitter, ILHA YouTube
Encore creates memorable experiences that engage and transform organizations. As the global leader for event technology and production services, Encore's team of creators, innovators and experts deliver real results through strategy and creative, advanced technology, digital, environmental, staging, and digital solutions for hybrid, virtual and in-person events. Encore operates in more than 20 countries across North America, Europe, the Middle East, Australia and Asia Pacific. Encore is the trusted partner of choice for leading hotels and venues worldwide and was named to the Forbes 2018 and 2019 America's Best Employer list. The company is headquartered in the Chicago metro area in Schiller Park, Ill.
View original content to download multimedia:
SOURCE International Luxury Hotel Association | https://www.wibw.com/prnewswire/2022/06/07/ilha-luxury-hospitality-conference-prepares-hotels-future/ | 2022-06-07T18:42:52Z |
HSINCHU, Sept. 8, 2022 /PRNewswire-FirstCall/ -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of August 2022. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.38 to US$1.00 as of August 31, 2022.
Revenue for the month of August 2022 was NT$1,715.1 million or US$56.5 million, a decrease of 12.0% compared to July 2022 and a decrease of 28.5% compared to August 2021. The Company noted that the sequential and year over year declines in its August revenue are consistent with the near-term demand and inventory adjustments impacting the broader semiconductor industry.
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.
Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the "SEC") and in the Company's other filings with the SEC.
Contacts:
View original content:
SOURCE ChipMOS TECHNOLOGIES INC. | https://www.wibw.com/prnewswire/2022/09/08/chipmos-reports-august-2022-revenue/ | 2022-09-08T11:02:23Z |
Nearly Half of U.S. Mortgages Considered Equity-Rich; Seriously Underwater Portion of Mortgages Holds at 3 Percent; Ratio of Equity-Rich to Seriously Underwater Properties Now at 14 to 1
IRVINE, Calif., May 12, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its first-quarter 2022 U.S. Home Equity & Underwater Report, which shows that 44.9 percent of mortgaged residential properties in the United States were considered equity-rich in the first quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than 50 percent of their homes estimated market values.
The portion of mortgaged homes that were equity-rich in the first quarter of 2022 inched close to half, up from 41.9 percent in the fourth quarter of 2021 and from 31.9 percent in the first quarter of 2021.
"Homeowners continue to benefit from rising home prices," said Rick Sharga, executive vice president of market intelligence for ATTOM. "Record levels of home equity provide financial security for millions of families, and minimize the chance of another housing market crash like the one we saw in 2008. But these higher home prices and rising interest rates make it extremely challenging for first time buyers to enter the market."
The report shows that just 3.2 percent of mortgaged homes, or one in 31, were considered seriously underwater in the first quarter of 2022, with a combined estimated balance of loans secured by the property of at least 25 percent more than the property's estimated market value. That was virtually the same as the 3.1 percent level of all U.S. homes with a mortgage in the prior quarter, but still well down from 4.7 percent, or one in 21 properties, a year earlier.
Across the country, 45 states saw equity-rich levels increase from the fourth quarter of 2021 to the first quarter of 2022 while seriously underwater percentages increased in 28 states, albeit by less than one percent in most cases. Year over year, equity-rich levels rose in 48 states and seriously underwater portions dropped in 46 states.
These latest equity trends came as the decade-long U.S. housing market boom continued from late 2021 into early 2022, although at a slower pace. Nationwide, the median home price rose 2 percent during that time, to yet another record of $320,500. That left it 17 percent ahead year over year nationally and up by at least 10 percent in most of the country.
While market analysts generally are predicting a slowdown this year, the most recent gains happened as a glut of home buyers kept chasing a historically tight supply of properties for sale, kicking prices up even higher. The market remained strong amid an ongoing combination of rock-bottom mortgage rates and a desire of many households to trade life in congested virus-prone locales for the wider spaces afforded by a house and yard.
Homeowner equity improved again in the first quarter of 2022 as rising home prices widened gaps between what homeowners owed on their mortgages and the value of their properties.
"It's likely that equity will continue to grow through the rest of 2022, although home price increases should moderate as the year goes on," Sharga said. "Rising interest rates, the highest inflation in 40 years, and the ongoing supply chain disruptions due to the war in Ukraine are likely to weaken demand and slow down home price appreciation."
Biggest improvements in equity-rich share of mortgages in West and South
The 15 states where the equity-rich share of mortgaged homes rose most from the fourth quarter of 2021 to the first quarter of 2022 were all in the western and southern regions of the U.S. States, with the biggest increases in New Mexico, where the portion of mortgaged homes considered equity-rich rose from 35.3 percent in the fourth quarter to 43.4 percent in the first quarter of 2022; Florida (up from 46.6 percent to 53.6 percent), California (up from 53.7 percent to 60.5 percent), South Carolina (up from 35 percent to 41.2 percent) and Montana (up from 40.5 percent to 45.7 percent).
States where the equity-rich share of mortgaged homes decreased from the fourth quarter of last year to the first quarter of this year were South Dakota (down from 36 percent to 32.3 percent), Mississippi (down from 26.3 percent to 23.5 percent), Louisiana (down from 22.5 percent to 21.6 percent), North Dakota (down from 29.3 percent to 28.6 percent) and Pennsylvania (down from 35.49 percent to 35.46 percent).
Largest increases in seriously underwater properties across South and Midwest
Twelve of the 15 states with the biggest increases in the percentage of mortgaged homes considered seriously underwater from the fourth quarter of 2021 to the first quarter of 2022 were spread across the South and Midwest. They were led by Mississippi (share of mortgaged homes seriously underwater up from 12.2 percent to 17 percent), Missouri (up from 5.1 percent to 6.6 percent), Louisiana (up from 10 percent to 11.3 percent), Pennsylvania (up from 4.2 percent to 5.2 percent) and Delaware (up from 3.7 percent to 4.5 percent).
States where the percentage of seriously underwater homes declined the most from the fourth quarter of last year to the first quarter of this year were Wyoming (down from 14.3 percent to 10 percent), Maine (down from 4.4 percent to 3.1 percent), Oklahoma (down from 5.5 percent to 4.8 percent), Alabama (down from 5.1 percent to 4.6 percent) and Montana (down from 3.4 percent to 3 percent).
West still with largest shares of equity-rich homes; Midwest and South again have smallest
The highest levels of equity-rich properties around the U.S. remained in the West during the first quarter of 2022, with eight of the top 10 states located in that region. They were led by Idaho (68.8 percent of mortgaged homes were equity-rich), Vermont (68 percent), Utah (63.6 percent), Washington (60.9 percent) and Arizona (60.9 percent).
Twelve of the 15 states with the lowest percentages of equity-rich properties in the first quarter of 2022 were in the Midwest and South. The smallest portions were in Louisiana (21.6 percent of mortgaged homes), Mississippi (23.5 percent), Illinois (23.5 percent), Alaska (25.2 percent) and Wyoming (26.1 percent).
Among 107 metropolitan statistical areas around the nation with a population greater than 500,000, the 30 with the highest shares of mortgaged properties that were equity-rich in the first quarter of 2022 were in the West and South. The top five were San Jose, CA (74.4 percent equity-rich); Austin, TX (73.8 percent); Boise, ID (70 percent); San Francisco, CA (68.1 percent) and Salt Lake City, UT (65.2 percent). While Austin again led the South and San Jose led the West, the leader in the Northeast region was Portland, ME (52.1 percent) and the top metro in the Midwest continued to be Grand Rapids, MI (49.1 percent).
Seventeen of the 20 metro areas with the lowest percentages of equity-rich properties in the first quarter of 2022 were in the Midwest and South. The smallest levels were in Baton Rouge, LA (18.1 percent of mortgage homes were equity-rich); Wichita, KS (19.6 percent); Jackson, MS (22.6 percent); Little Rock, AR (23.5 percent) and Chicago, IL (24.6 percent).
The portion of mortgaged homes considered equity rich rose from the fourth quarter of 2021 to the first quarter of 2022 in 103 of 106 metro areas with sufficient data in both time periods (97 percent) while the level rose annually in 105, or 99 percent.
West still has top equity-rich counties
Among 1,617 counties that had at least 2,500 homes with mortgages in the first quarter of 2022, 37 of the top 50 equity-rich locations were in the West.
Counties with the highest share of equity-rich properties were Dukes County (Martha's Vineyard), MA (81.1 percent equity-rich); Teton County (Jackson), WY (78.7 percent); San Mateo County, CA (outside San Francisco) (77.4 percent); Chittenden County (Burlington), VT (77.1 percent) and Nantucket County, MA (76.6 percent).
Counties with the smallest share were Vernon Parish, LA (northwest of Lafayette) (7.2 percent equity-rich); Otero County, NM (outside El Paso, TX) (7.7 percent); Geary County (Junction City), KS (7.9 percent); Cumberland County (Fayetteville), NC (9.5 percent equity-rich) and Boone County (Columbia), MO (10 percent).
At least half of all properties considered equity-rich in a third of zip codes
Among 8,705 U.S. zip codes that had at least 2,000 residential properties with mortgages in the first quarter of 2022, there were 3,247 (37 percent) where at least half the mortgaged properties were equity-rich.
Forty-one of the top 50 were in California and Texas, with 12 of the top 25 in Austin, TX. They were led by zip codes 78739 in Austin, TX (84.5 percent of mortgaged properties were equity-rich); 78733 in Austin, TX (84.5 percent); 78617 in Del Valle, TX (83.6 percent); 94703 in San Francisco, CA (83.6 percent) and 94116 in San Francisco, CA (83.4 percent).
Largest shares of seriously underwater properties again in South and Midwest
Nine of the 10 states with the highest shares of mortgages that were seriously underwater in the first quarter of 2022 were in the South and Midwest. The top five were Mississippi (17 percent seriously underwater), Louisiana (11.3 percent), Wyoming (10 percent), Iowa (7.4 percent) and Illinois (7.2 percent).
Among 107 metropolitan statistical areas with a population greater than 500,000, those with the largest shares of mortgages that were seriously underwater in the first quarter of 2022 were Baton Rouge, LA (11.3 percent); Wichita, KS (8.6 percent); New Orleans, LA (8 percent); Jackson, MS (6.9 percent) and Youngstown, OH (6.8 percent).
Despite the slight quarterly increase in the level of seriously underwater mortgages nationwide, the portion actually declined in 62, or 58 percent, of the metro areas with enough data to analyze in both the fourth quarter of 2021 and the first quarter of 2022. Seriously underwater rates decreased, year over year, in 103 of those 107 metros (97 percent).
More than 25 percent of residential properties seriously underwater in just 42 zip codes
Among 8,705 U.S. zip codes that had at least 2,000 homes with mortgages in the first quarter of 2022, there were only 42 locations where more than 25 percent of mortgaged properties were seriously underwater. Of those, 20 were in Cleveland, OH; others were found in Columbia, MO; Detroit, MI; St. Louis, MO, and Philadelphia, PA.
The top five zip codes with the largest shares of seriously underwater properties in the first quarter of 2022 were 39553 in Jackson, MS (55.2 percent of mortgaged homes were seriously underwater); 39564 in Jackson, MS (52 percent); 44108 in Cleveland, OH (48.8 percent); 46408 in Gary, IN (45.4 percent) and 65202 in Columbia, MO (45.2 percent).
Most homeowners facing foreclosure have at least some equity
Only about 201,000 homeowners were facing possible foreclosure in the first quarter of 2022, or just three-tenths of one percent of the 58.1 million outstanding mortgages in the U.S. However, 180,000, or 90 percent of those facing possible lender takeover, had at least some equity built up in their homes.
"Positive equity should give financially distressed homeowners better options than their counterparts had during the Great Recession, when 33 percent of all homeowners were underwater on their mortgages," Sharga noted. "Hopefully these borrowers will be able to tap into their equity to refinance their debt, or be able to leverage it to sell their property and get a fresh start."
States with the highest percentages of homeowners who had equity in their properties and were facing foreclosure in the first quarter of 2022 included New Hampshire (99 percent with equity), Idaho (99 percent), Utah (99 percent), Washington (97 percent) and Colorado (97 percent). States with the lowest percentages included Mississippi (58 percent with equity), Louisiana (76 percent), Maryland (80 percent), Illinois (81 percent) and Kansas (82 percent).
Report methodology
The ATTOM U.S. Home Equity & Underwater report provides counts of properties based on several categories of equity — or loan to value (LTV) — at the state, metro, county and zip code level, along with the percentage of total properties with a mortgage that each equity category represents. The equity/LTV is calculated based on record-level loan model estimating position and amount of loans secured by a property and a record-level automated valuation model (AVM) derived from publicly recorded mortgage and deed of trust data collected and licensed by ATTOM nationwide for more than 155 million U.S. properties. The ATTOM Home Equity and Underwater report has been updated and modified to better reflect a housing market focused on the traditional home buying process. ATTOM found that markets where investors were more prominent, they would offset the loan to value ratio due to sales involving multiple properties with a single jumbo loan encompassing all of the properties. Therefore, going forward such activity is now excluded from the reports in order to provide traditional consumer home purchase and loan activity.
Definitions
Seriously underwater: Loan to value ratio of 125 percent or above, meaning the property owner owed at least 25 percent more than the estimated market value of the property.
Equity-rich: Loan to value ratio of 50 percent or lower, meaning the property owner had at least 50 percent equity.
About ATTOM
ATTOM provides premium property data to power products that improve transparency, innovation, efficiency and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation's population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 20TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include bulk file licenses, property data APIs, real estate market trends, property reports and more. Also, introducing our newest innovative solution, that offers immediate access and streamlines data management – ATTOM Cloud.
Media Contact:
Christine Stricker
949.748.8428
christine.stricker@attomdata.com
Data and Report Licensing:
949.502.8313
datareports@attomdata.com
View original content to download multimedia:
SOURCE ATTOM | https://www.mysuncoast.com/prnewswire/2022/05/12/homeowner-equity-grows-again-across-us-first-quarter/ | 2022-05-12T06:35:44Z |
Partnership Sells 240-Unit Multifamily Community in Phoenix and 256-Unit Multifamily Community in Denver
DENVER and PHOENIX, July 12, 2022 /PRNewswire/ -- Denver-based Continental Realty Assets, Ltd. ("CRA", a subsidiary of Continental Realty Group, and GTIS Partners ("GTIS"), a global real estate investment firm that manages $4.7 billion in gross assets with a focus on residential and industrial investments, announced today the completion of two joint-ventures between the firms with the sale of 240-unit San Palmas Apartments ("San Palmas") in Chandler, AZ and 256-unit Canyon Reserve at the Ranch ("Canyon Reserve") in Westminster, CO. San Palmas and Canyon Reserve were brokered by the local teams of CBRE and JLL, respectively.
David Snyder, Continental Realty Group's President, said, "We are extremely pleased with the successful ownership period of each community. In just a few years, we were able to greatly improve San Palmas and Canyon Reserve through exterior, common area, and unit interior upgrade programs. We accomplished our goal of positioning each property to take advantage of a trifecta of opportunities – properties with value-add upside, in an exceptional submarket, and located in strong overall markets like Phoenix and Denver which we had identified through our market research as likely to see growing rental demand." Robert Ireland, CRA's Managing Director of Investments, added, "We are grateful for our partnership with GTIS and look forward to continuing to execute our data-driven methodology as we seek new acquisition opportunities."
At San Palmas, which was acquired in February 2018, the partnership invested nearly $4 million into improvements in the community's common areas, amenities, and unit upgrades for over half of the units. San Palmas, built in 1998, benefits from one of the strongest locations in Phoenix near the Chandler Fashion Center, within walking distance to Whole Foods, and with over 640,000 jobs within 10 miles of the property.
The partnership acquired Canyon Reserve in August 2017 and invested nearly $2 million in common area and unit interior renovations in nearly one-third of the units at the property, which was built in 1984. Westminster is a highly sought-after suburb in the Denver metro area due to its proximity to major employment hubs such as Interlocken Business Park and Downtown Denver. The property also benefits from easy access to retail and entertainment options including Thorncreek Crossing, Orchard Town Center, and Flatiron Crossing.
Theodore Karatz, Managing Director at GTIS said, "The sale of the two multi-family assets were well timed and resulted in strong, risk-adjusted returns for our investor-partners. These transactions represent the types of opportunities pursued by GTIS – in markets with strong fundamentals where we are able to work alongside leading operators such as CRA, a firm that has proved to be a great partner to us."
David Pahl, Managing Director at GTIS, added: "CRA did a tremendous job on the "value-add" piece, delivering the renovations on time and on budget, allowing us to sell the assets earlier than originally planned. Our investments into these communities will provide significant, tangible benefits to residents for years to come, and we are incredibly proud of the work our teams have done."
About Continental Realty Assets
Continental Realty Assets, Ltd. ("CRA"), is a subsidiary of Continental Realty Group, a real estate investment firm dedicated to the creation of value in multifamily real estate. The firm employs a data-driven approach to multifamily investment, refined over four decades of operations, designed to identify and capitalize on opportunities in the path of demand. For more information about Continental Realty Group, please visit www.continentalrealtygroup.com.
About GTIS Partners
GTIS Partners is a leading real asset investment and development firm headquartered in New York with offices in San Francisco, Los Angeles, Atlanta, Charlotte, Phoenix, Houston, Dallas, as well as São Paulo, Paris and Munich. The firm was founded in 2005 by Tom Shapiro and is managed by President Tom Shapiro and Partners Rob Vahradian, Thomas Feldstein, and João Teixeira. The firm manages $4.7 billion in gross assets and is active across a wide range of real estate sectors including single family and multifamily housing, office, industrial/logistics and hospitality as well as opportunity zone investments. The firm invests at various points in the capital structure including credit, common equity and structured equity. In the US, GTIS has invested in over 130 assets across 40 unique markets including growth areas such as Phoenix, Dallas, Houston, Denver, Atlanta, Tampa and Charlotte. In Brazil, GTIS is among the largest real assets private equity firms with holdings including office, residential, logistics, and hospitality investments. Marquee assets in São Paulo include the Infinity office building and Palácio Tangará, a five-star resort style hotel. For more information, please visit www.gtispartners.com.
Media Contacts
For GTIS Partners:
Mary Beth Grover / Keely Gispan
ASC Advisors
(203) 992-1230
mbgrover@ascadvisors.com / kgispan@ascadvisors.com
View original content to download multimedia:
SOURCE GTIS Partners | https://www.wibw.com/prnewswire/2022/07/12/continental-realty-group-gtis-partners-complete-sale-phoenix-denver-multifamily-communities/ | 2022-07-12T13:36:53Z |
JURUPA VALLEY, Calif., Aug. 30, 2022 /PRNewswire/ -- Southern California based food-grade warehousing and 3PL service provider, West Coast Cold Storage, has recently attained Safe Quality Foods (SQF) certification for their new state-of-the-art facility. The woman-owned 124,000 Sq. Ft. cold storage facility earned the certification by completing the rigorous SQF auditing process within just six months of starting operations and received an outstanding score of 97 out of 100 in their first audit.
The certification, administered by the Food Marketing Institute and recognized by the Global Food Safety Initiative (GFSI) is a meticulous food safety management system that allows food quality control systems to be verified and validated throughout the food supply chain. SQF is recognized by regulatory agencies around the world as the quality standard for food safety.
"Acquiring this certification was an important milestone." Stated West Coast Cold Storage's General Manager, Ricardo Rios, who went on to say, "To be SQF certified should give WCCS customers tremendous confidence that our new facility is capable of maintaining the highest levels of operational practices to meet both customer and regulatory requirements."
The facility features 70,000 Sq. Ft. of frozen space and 50,000 Sq. Ft. of refrigerated cooler space with more than 22,000 pallet positions and 19 refrigerated dock doors. WCCS is centrally located in a critical transportation corridor in Southern California with easy access to the port of Long Beach and the I-10, I-215, I-15 and CA-60 freeways. Since opening its doors in February of 2022, the facility has been filling rapidly with customers delivering food quality products throughout the region.
West Coast Cold Storage's Managing Partner, Shannon Welch, added, "Achieving this certification in our first months of operation is an impressive accomplishment for our team. It speaks volumes to the dedication and hard work everyone puts forth daily to ensure our customer's products are handled with care and stored in clean, food safe environments."
West Coast Cold Storage partnered with design-build general contractor ARCO National Construction for the design and construction of the facility.
West Coast Cold Storage is a privately owned and operated food-grade warehousing and 3PL services provider in Southern California. With a focus on customer service, the company offers flexible, customized cold storage solutions that cater to customers' specific needs. The founders of West Coast Cold Storage have more than 20 years of experience in cold storage, logistics, and warehousing. For more information, visit www.wccoldstorage.com.
Contact: Shannon Welch, Managing Director, West Coast Cold Storage
Phone: 949-295-2676
Email: shannon@wccoldstorage.com
Web: www.wccoldstorage.com
View original content to download multimedia:
SOURCE ARCO National Construction | https://www.mysuncoast.com/prnewswire/2022/08/30/new-southern-california-cold-storage-facility-earns-safe-quality-foods-sqf-certification-first-6-months-business/ | 2022-08-30T21:45:32Z |
Electrified! Green Grand Prix No. 18 at Watkins Glen
By JOHN KEKIS
AP Sports Writer
The 18th edition of the Green Grand Prix is Friday at Watkins Glen International, and for the first time drivers are scheduled to run the famed Boot section. The Green Grand Prix is a celebration of sustainable transportation that promotes awareness of environmentally friendly vehicles. Billed as the only road rally for alternate-fuel vehicles and hybrids in the United States sponsored and insured by the Sports Car Club of America, it’s essentially a fuel mileage competition over two hours — at an average speed of 45 mph. Seven fully electric cars, the most ever, are among the field of 38 entries. | https://localnews8.com/sports/ap-national-sports/2022/04/08/electrified-green-grand-prix-no-18-at-watkins-glen/ | 2022-04-08T08:03:06Z |
ALEXANDRIA, Va., July 14, 2022 /PRNewswire/ -- DCS Corporation is pleased to announce the award of a 10-year Scientific, Technical, Engineering and Program Support Services (STEPSS) contract. STEPSS is a multiple-award, Indefinite Delivery, Indefinite Quantity contract with a $869M shared ceiling to support the United States Army Development Command Chemical Biological Center (DEVCOM CBC) and other Chemical, Biological, Radiological, Nuclear and high-yield Explosive (CBRNE) defense agencies.
"DCS is excited for the opportunity to expand our support to DEVCOM CBC and CBRNE agencies," said Jim Benbow, DCS CEO. "We look forward to building on our technical expertise and delivering technologies to the U.S. Army and the Warfighter."
Under STEPSS, DCS will compete for task orders to provide technical support for research, development, test and evaluation, engineering, acquisition (product development, fielding and support) and chemical and biological demilitarization operations. DCS currently supports DEVCOM CBC in the areas of bioinformatics, decontamination science, and NBC battlefield integration. The STEPSS contract will allow DCS to expand its customer base and footprint.
DEVCOM CBC is the primary Department of Defense technical organization for non-medical chemical and biological defense providing innovative CBRNE defense capabilities to enable the Joint Warfighters' dominance on the battlefield and interagency defense of the homeland. CBC possesses an unrivaled chemical biological research and development infrastructure with scientists, engineers, technicians and specialists located at four different sites in the United States: Edgewood Area of Aberdeen Proving Ground, MD; Pine Bluff, AR; Rock Island, IL; and Dugway Proving Ground, UT.
An employee-owned company, DCS offers advanced technology, engineering, and management solutions to Government agencies in the national security sector. The transformative ideas, commitment to quality, and entrepreneurial spirit that characterize our employee-owners allow us to ensure the success of each customer's mission and actively contribute to the well-being of the Nation.
For more information, please visit: https://www.dcscorp.com.
CONTACT
DCS Corporation
dcsmedia@dcscorp.com
571-227-6000
View original content to download multimedia:
SOURCE DCS Corporation | https://www.wibw.com/prnewswire/2022/07/14/dcs-support-army-development-command-chemical-biological-center-under-new-contract-award/ | 2022-07-14T17:38:00Z |
WASHINGTON, April 25, 2022 /PRNewswire/ -- On April 27, 200 veterinary professionals will meet with senators, representatives, and their staffs to highlight the importance of legislation that will help increase access to veterinary services in rural areas and reduce the spread of diseases that pose a threat to animal and public health.
As part of the American Veterinary Medical Association's (AVMA) annual legislative fly-in, attendees, who represent 48 states and 20 veterinary schools, will educate congressional offices about the need to pass the Veterinary Medicine Loan Repayment Program (VMLRP) Enhancement Act and the Healthy Dog Importation Act.
"The veterinary community stands united in advocating for Congress to help alleviate Veterinarian Shortage Situations in rural areas by assisting with the significant obstacle of student debt, and to ensure that dogs entering the country are healthy, thus reducing the potential for the spread of diseases that can endanger animal and public health," said Dr. José Arce, AVMA President. "Expanding the VMLRP means increased access to veterinary services for rural populations across the country and strengthening dog importation standards will decrease the chances of future disease outbreaks from the more than 1.2 million dogs imported into the U.S. each year. As veterinary constituents, we look forward to educating Congress about how vital the VMLRP Enhancement Act is to maintaining vibrant rural communities and the importance of strengthening our nation's animal and public health infrastructure by passing the Healthy Dog Importation Act."
The AVMA-endorsed VMLRP Enhancement Act would end federal taxation on VMLRP awards, thus enabling more veterinarians to participate in a program that offers up to $25,000 a year for student loan repayment in exchange for service in U.S. Department of Agriculture (USDA)-designated Veterinarian Shortage Situations. This would make the tax treatment of the awards the same as for the analogous program for physicians. Under the AVMA-championed Healthy Dog Importation Act, the USDA and other federal agencies would receive the necessary resources to monitor and safeguard the health of dogs being brought into the U.S., while ensuring they do not endanger animal and human health.
Co-chairs of the Congressional Veterinary Medicine Caucus, Reps. Kurt Schrader (D-Ore.) and Dusty Johnson (R-S.D.), issued the following statements:
"As the only veterinarian serving in Congress, I take issues of animal health and safety very seriously. I am proud to serve as co-chair of the Congressional Veterinary Medicine Caucus and will continue to champion efforts aimed at the health, welfare, and protection of animals," said Rep Schrader. "I appreciate the work that AVMA is doing and look forward to meeting with them and other veterinary professionals during this year's fly-in to discuss the importance of expanding access to veterinary services, mitigating the spread of zoonotic diseases, and working to get our bipartisan legislation, the Healthy Dog Importation Act, across the finish line."
"The USDA continues to face a rural veterinarian shortage – we need a strong veterinary industry to ensure the health of livestock and pets across America," said Rep. Johnson. "I'm grateful for the AVMA's focus on animal health and dedication to veterinary services in rural states like South Dakota."
For more information on the AVMA's advocacy efforts, subscribe to the AVMA Advocate newsletter.
About the AVMA:
The AVMA is the nation's leading representative of the veterinary profession, speaking for more than 99,500 member veterinarians who care passionately about protecting animal health, animal welfare, and human health. Informed by its members' unique scientific training and knowledge, the AVMA advocates for policies that advance the practice of veterinary medicine and support the crucial work of veterinarians.
FOR MORE INFORMATION
Colin MacCarthy
Media Relations Specialist
American Veterinary Medical Association
Cell/Text: 202-641-2533
cmaccarthy@avma.org
View original content:
SOURCE American Veterinary Medical Association | https://www.mysuncoast.com/prnewswire/2022/04/25/veterinarians-meet-with-capitol-hill-lawmakers-discuss-student-debt-healthy-dog-importation/ | 2022-04-25T19:37:34Z |
NEW YORK (AP) — Unhappy with the way they played in two bad losses on the road that pushed them to the brink of elimination, the New York Rangers bounced back with a needed win to keep their season going.
Filip Chytil scored the tiebreaking goal early in the third period and the New York Rangers beat the Pittsburgh Penguins 5-3 Wednesday night in Game 5 of their first-round playoff series.
Jacob Trouba and Alexis Lafrenière each had a goal and an assist, and Adam Fox and Ryan Lindgren also scored for the Rangers. Igor Shesterkin, torched for 10 goals over three periods in the previous two games, had 27 saves.
“We were not happy with what happened in Pittsburgh,” Chytil said. “We just didn’t play the whole season (the) way that we played, just (to) lose games like this in Pittsburgh. So we just had a good meeting, good practice yesterday and we just believed today that we’re gonna win and we’re gonna go back to Pittsburgh.”
Jake Guentzel had two goals and Kris Letang also scored for Pittsburgh, which leads the best of seven series 3-2. Evgeni Malkin had two assists and Louis Domingue finished with 29 saves.
Penguins star Sidney Crosby left with about seven minutes remaining in the second period after taking a hard high hit from Trouba in the offensive zone minutes earlier. He did not return.
Pittsburgh coach Mike Sullivan said Crosby had an upper body injury and his status was being evaluated.
Game 6 is Friday in Pittsburgh, and a potential deciding Game 7 would be Sunday back at Madison Square Garden.
“We played a good 60 minutes,” Lafrenière said. “We defended well and played a good all-around game. We did a good job of staying calm. We have to keep it going and win Game 6. We played a really good one when we needed it most.”
The Rangers got their first power play of the night early in the third period and took advantage as Chytil got a pass from Lafrenière in the right circle, turned around and whipped a shot past Domingue to put the Rangers ahead 4-3 at 2:53.
Lindgren sealed the win with an empty-netter with 16 seconds left.
Letang extended the Penguins’ lead to 2-0 at 7:58 of the second as he got a cross-ice pass from Malkin and fired a slap shot past Shesterkin on Pittsburgh’s first shot on goal of the period.
The Rangers then took the lead as they scored on three consecutive shots in a 2:42 span late in the second.
Fox got the Rangers on the scoreboard with 4:49 left as he got the puck inside the blue line, slowly skated up and fired a shot from the top of the right circle past Domingue’s shoulder.
“Once we got that first goal, it was a big boost for our club,” Rangers coach Gerard Gallant said. “I felt real confident about today. You’ve got to take it one game at a time. We were down three games to one, today I felt real good about our team.”
Lafrenière tied it 90 seconds later as he quickly fired a slap shot in front off a centering pass from Kaapo Kakko.
Trouba put the Rangers ahead another 1:12 later as he skated across the right circle and put a backhander from the middle through Domingue’s skates.
“They pushed, we had a couple of extended D-zone shifts, and we didn’t get it done defensively,” Sullivan said. “We got an experienced group. We just got to keep playing the game. … We didn’t win the wall battles, we didn’t get pucks out, and as a result we had four, five minutes of extended defensive zone play. We simply have to do a better job there.”
The lead lasted just 13 seconds as Guentzel tied it with his second of the night and seventh of the series as he scored off a centering pass from Malkin.
The Rangers outshot the Penguins 11-10 in the first period, limited mostly to shots from the outside.
The Penguins had a 5-on-3 power play early when Chris Kreider was called for slashing and Jacob Trouba for elbowing just 24 seconds into the game. The Rangers held them just two shots on goal during the advantage, with Shesterkin making a nice glove save on Guentzel.
The Penguins took a 1-0 lead with 9 1/2 minutes left as Guentzel got the rebound of his own shot and sent a centering pass from behind the goal line that deflected off Shesterkin’s leg and in. It was his sixth goal of the series.
LINEUP
Lindgren returned to the Rangers’ lineup after missing the previous three games following an upper body injury in Game 1 of this series. The Rangers went with seven defensemen and 11 forwards. Lindgren then left the with an apparent injury early in the second period and headed to the dressing room minutes later. He returned late in the period.
MILESTONES
Kreider played in his 85th career playoff game, tying Don Maloney for the sixth place on the franchise list.
STREAKS
Guentzel scored for the fifth straight game, tying Jaromir Jagr (1996, 2000) and Kevin Stevens (1991) for the fourth-longest streak in one postseason in franchise history. Mario Lemieux (seven twice, six) has the top three. … D Mike Matheson had an assist on Guentzel’s goal, extending his point streak to four games (one goal, five assists). … Fox (three goals, two assists) extended his point streak to five games.
___
Follow Vin Cherwoo at http://www.twitter.com/VinCherwooAP
___
More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/chytil-scores-in-3rd-rangers-beat-penguins-5-3-in-game-5/ | 2022-05-12T21:18:40Z |
- 'Pulpex Home' film debuts in conjunction with World Environment Day
- The film depicts a not-too-distant future where everyday brands are packaged in paper bottles
- New paper packaging technology will help reduce reliance on plastic
LONDON, June 1, 2022 /PRNewswire/ -- Having joined together with Pulpex, some of the world's largest consumer packaged goods companies (CPGs) are now harnessing the power of collaboration to develop a widely recyclable and renewable paper bottle. Diageo, Unilever, PepsiCo, GSK Consumer Healthcare, Castrol, The Estée Lauder Companies and Kraft Heinz are each designing and testing Pulpex paper bottles for select brands within their portfolios.
"These companies have come together in a remarkable and powerful partnership to innovate in sustainable packaging," said Scott Winston, Pulpex CEO. "Our united efforts in developing paper packaging solutions will help each company meet their sustainability goals."
Ahead of World Environment Day (5 June), Pulpex has released a short film that envisions a not-too-distant future where everyday household products will be readily available in Pulpex paper packaging. The 'Pulpex Home' takes viewers on a fly-through of a contemporary family home to discover iconic consumer brands in Pulpex bottles, including:
- Diageo – Johnnie Walker Black Label Scotch Whisky
- Unilever – Dirt Is Good (OMO/Persil) Laundry Detergent / Love Beauty and Planet® Hair Care
- PepsiCo – LIFEWTR®
- GSK Consumer Healthcare– Centrum Adult Multivitamins / parodontax™ Mouthwash
- Castrol® – Engine Lubricant
- Kraft Heinz – Heinz® Tomato Ketchup
An interactive version of the film, which is available on its own dedicated website www.pulpexhome.com, allows viewers to learn more about the sustainability efforts of each of the featured companies.
"The 2022 World Environment Day campaign calls for collective, transformative action on a global scale to celebrate, protect and restore our planet," said Winston. "Scaling the Pulpex paper bottle across multiple product categories is an example of what can be accomplished through true collaboration. We believe our paper packaging will be part of the global solution to reducing our reliance on plastic."
Made from sustainably sourced, FSC-certified wood pulp from responsibly managed forests, Pulpex bottles are designed to be recyclable in standard paper waste streams[1]. The bottles are customisable by shape, size, color and labeling to fit the needs of brands.
The multi-patented Pulpex process involves pressurizing wood pulp from renewable feedstocks[2] into single-mould containers, curing and then spraying the interior of the bottle with a proprietary, food-grade coating that does not affect the paper recycling process. Plans and timelines for launching paper bottles into the market vary depending on the brand and specific product.
Notes to Editors
More information about Pulpex Limited can be found at www.pulpex.com
An interactive version of the film is available on its own dedicated website at www.pulpexhome.com
About Pulpex
Pulpex Limited is a sustainable packaging technology company that offers the world's first patented, customisable, single-mould paper bottle made from FSC-certified, responsibly sourced wood pulp.
Pulpex Limited is a collaboration between Pilot Lite Group and Diageo PLC. Pilot Lite is a pioneer and international leader in venture management that directly invests in and converts corporate IP into free-standing, revenue-generating businesses. Diageo is a global leader in beverage alcohol with an outstanding collection of brands sold in more than 180 countries around the world.
Further information at www.pulpex.com
[1] Pulpex bottles are recyclable where facilities exist
[2] https://www.pulpex.com/faq
View original content to download multimedia:
SOURCE Pulpex | https://www.kxii.com/prnewswire/2022/06/01/pulpex-corporate-partners-join-forces-envision-future-sustainable-packaging/ | 2022-06-01T04:50:21Z |
Warrant issued for Overland Park woman, accused of poisoning pneumonia patient at Chillicothe hospital
KANSAS CITY, Mo. (KCTV) - A former respiratory therapist has been charged with first-degree murder in connection with a 2002 homicide.
Jennifer Anne Hall, a 41-year-old woman whose last known address was in Overland Park, worked at Hedrick Medical Center from December 2001 - May 2002. During her employment, the rate of cardiac collapse incidents “rose alarmingly,” a probable cause document stated. Investigators stated 18 such incidents were recorded during her employment at the hospital, when, on average, the hospital had one incident per year.
The court document stated that from those 18 cases of cardiac collapse, nine people died. Staff had believed Hall was responsible for the patient deaths and administration ordered Hall to be monitored.
One patient, Fern Franco, was found dead in the morning hours of May 18, 2002. Hall was placed on administrative as a result, the court document stated.
An autopsy on Franco’s remains, according to the probable cause document, revealed the presence of succinylcholine and morphine: “two substances which medical records revealed were not prescribed to Ms Franco or ordered by her doctors.”
A Chillicothe police officer testified that “Hall’s victim was a sick, defenseless, elderly woman who was depending on Hall to care for her physical ailment within a medical facility. The substance Hall used to brutally take Fern Franco’s life, succinylcholin, paralyzes the victim’s muscles, including the diaphragm, causing the victim to suffer a ghastly death from suffocation while still maintaining full consciousness and awareness that they are unable to breath. Morphine also acts to suppress respiration and is not given to pneumonia patients for that reason.”
The probable cause document stated that Franco died May 18, 2002, and in the near-20 years since, Hall has not demonstrated a remorse for taking Franco’s life.
Matthew O’Connor, who has represented Hall in the past, said no evidence exists to connect Hall to the deaths.
The Livingston County Sheriff said Hall might be using the name Semaboye. As of Tuesday afternoon, Hall had not been taken into custody.
There is no bond attached to the warrant. Anyone with information has been asked to contact the Livingston County Sheriff’s Office at (660) 646-0515.
For more crime stories, click here.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/05/10/warrant-issued-overland-park-woman-accused-poisoning-pneumonia-patient-chillicothe-hospital/ | 2022-05-11T21:56:36Z |
CHICAGO, July 7, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced plans to expand its suite of Sector futures with the addition of six new contracts on August 8, pending regulatory review. These new contracts will include:
- E-mini S&P Regional Banks Select Industry futures
- E-mini S&P Insurance Select Industry futures
- E-mini S&P Biotechnology Select Industry futures
- E-mini S&P Oil & Gas Exploration and Production Select Industry futures
- E-mini S&P Retail Select Industry futures
- E-mini PHLX Semiconductor Sector Index futures
"We continue to see strong market demand for liquid, cost-effective and capital-efficient tools to track the same underlying indices as some of the most popular ETFs," said Tim McCourt, CME Group Global Head of Equity and FX Products. "These new contracts will provide more opportunities and versatility in managing sector exposure and will complement the growing liquidity pool of our existing Sector futures product suite, which cover more than 10 S&P Select Sectors, as well includes Dow Jones US Real Estate and Nasdaq Biotech futures, giving clients more tools to meet their trading needs."
"We are very pleased to expand our ongoing collaboration with CME Group with the launch of the exchange's latest series of E-mini futures contracts based on the S&P Select Industry Indices," said Aye Soe, Global Head of Core and Multi-Asset Product Management at S&P Dow Jones Indices. "These popular family of indices measure the performance of stocks that comprise specific Global Industry Classification Standard sub-industries and reflect growing market demand for more targeted and diverse industry exposures as investors navigate uncertain and volatile market conditions."
"Launched in 1993, the PHLX Semiconductor Sector Index™ has been particularly relevant recently as it reflects a transformative period for the semiconductor industry," said Cameron Lilja, Vice President, Global Head of Index Product, Nasdaq. "We are pleased to expand our long-term partnership with CME Group by continuing to provide timely and innovative solutions that help investors achieve their investment objectives amid ever-evolving market dynamics."
CME Group's existing Sector futures product suite, which includes the E-mini Select Sectors Index futures, E-mini Dow Jones Real Estate Index futures and E-mini Nasdaq Biotech Index futures, have been growing significantly over the last few years, with 2022-to date average daily volume (ADV) up a record 14% versus 2021 and June ADV up nearly 200% versus May.
For more information on this product, please see: www.cmegroup.com/sectors,
The S&P Select Industry Indices are a product of S&P Dow Jones Indices LLC ("S&P DJI"). S&P®, S&P 500® and US500 are trademarks of Standard & Poor's Financial Services, LLC, and have been licensed for use by S&P DJI and CME Group, Inc. The E Mini Sector Index Futures are not sponsored, endorsed, sold or promoted by S&P DJI, or its affiliates and neither S&P DJI nor its affiliates make any representations or recommendations concerning the advisability of investing such futures.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
CME-G
View original content:
SOURCE CME Group | https://www.kxii.com/prnewswire/2022/07/07/cme-group-launch-six-new-e-mini-sector-index-futures-august-8/ | 2022-07-07T13:53:46Z |
MENLO PARK, Calif., July 27, 2022 /PRNewswire/ -- Katherine Spencer Lee, a 27-year veteran of global talent solutions and business consulting firm Robert Half, has been promoted to executive vice president and chief administrative officer.
During her tenure at Robert Half, Lee has held many leadership roles, including executive director for the technology practice group, operational president for professional talent solutions in the Eastern United States and, most recently, operational president for U.S. technology and legal talent solutions.
"Our company is built on exceptional people, industry-leading technology, innovation and inclusion," said M. Keith Waddell, president and chief executive officer of Robert Half. "Katherine's excellence in these areas and her extensive leadership experience and industry expertise position her for great success in this role."
Lee has been named to Staffing Industry Analysts' Global Power 150 – Women in Staffing list multiple times. A champion for diversity, equity and inclusion efforts, she serves as an executive sponsor of Robert Half's internal Black Employee Network group. Lee is also an advocate for community involvement and is active in several organizations, including the American Heart Association and St. Jude Children's Research Hospital.
Robert Half (NYSE: RHI) is the world's first and largest specialized talent solutions and business consulting firm that connects opportunities at great companies with highly skilled job seekers. Robert Half offers contract and permanent placement solutions and is the parent company of Protiviti®, a global consulting firm. Visit roberthalf.com and download the company's award-winning mobile app.
View original content to download multimedia:
SOURCE Robert Half | https://www.kxii.com/prnewswire/2022/07/27/robert-half-promotes-katherine-spencer-lee-executive-vice-president-chief-administrative-officer/ | 2022-07-27T17:11:39Z |
SHENZHEN, China, May 13, 2022 /PRNewswire/ -- Recently, Gartner, an authoritative international advisory firm, released the report "Market Share: All Software Markets, Worldwide, 2021", which pointed out that in the field of High Productivity aPaaS (High Productivity aPaaS), Kingdee overwhelmed Microsoft, Mendix, Oracle and many other foreign companies to win the No. 1 market share in China, accounting for 23.84% and ranking fourth in the whole Asia Pacific region, being the most forward-ranked Chinese cloud service provider in the Asia Pacific region and the only one in the top five in China. Kingdee has once again reported satisfactory result to the outside world with the Performance of "the No. 1 market share" for its cloud platform.
According to the report, the Kingdee Cloud Cosmic ranked first in the Chinese market share of high productivity aPaaS with a market share figure of 23.84%, which is an important achievement of Kingdee 's deep insight into the nature of Chinese enterprise management over the years, and also illustrates the rise of Chinese software companies from another perspective.
In recent years, with the development trend of digital cloud, the traditional ERP system is aging, and the new EBC digital ecosystem (Enterprise Business Capability) was born as a response to the development of enterprises in the digital era. Compared with ERP, EBC places more emphasis on business capabilities, helping enterprises to shift their focus from internal management to the entire industry chain ecology, and from process-driven to digital-driven. In the future, all enterprises should become assembly enterprises. More and more enterprises will support business innovation and management reconstruction by building assembly EBC to create resilient enterprises. With the gradual improvement of the product technology capability and the increasing improvement of the industry chain of the information technology application innovation of domestic companies represented by Kingdee, domestic companies have gradually become a better choice than overseas companies.
With Kingdee's nearly three decades of experience in enterprise services and accumulation in business capabilities, the Kingdee Cloud Cosmic platform has become the best practice for EBC implementation in the Chinese enterprise market. The assembly enterprise PaaS platform, built on a new generation of enterprise IT architecture represented by cloud-native, distributed, middle-office, organically integrates and assembles innovative technologies such as low code, Integrated weaving, Data intelligence, security and trust with Kingdee's years of enterprise service accumulation, helping enterprises to quickly build digital technology capabilities with stable performance, high resilience, strong adaptability, and independent control, providing enterprises with multi-scenario, multi-level and new mode of digital support, and accelerating enterprises to realize digital innovation and reform.
Since its launch, Kingdee Cloud Cosmic has been tested by more than 500 large and multinational enterprises, and has also been recognized and verified by large enterprises in terms of stability, high reliability and the construction of modern enterprise IT architecture. China Merchants Group, Huawei, Huaneng Group, WZ Group, Shagang Group, Yunnan Tobacco, HMNTech and other large enterprises that have been among the top 500 for many years have completed the reconstruction, transformation and upgrading of many core business platforms under the support of Kingdee Cloud Cosmic.
It is reported that in addition to the Gartner report, according to IDC's recent report, the Insight into the Cloud Service Market of China's ERP Application Platform, Kingdee Cloud Cosmic ranked first in the public cloud market of application cloud platform, with a market share of 21.93%.
After 29 years of development, Kingdee has accumulated strong technical strength and has comparable international technical standards; helped more than 6.8 million enterprises build a new generation of enterprise business capabilities, continuously enabled the construction of "Digital China", and jointly advocated with Gartner and other institutions and enterprises to put forward the fourth generation of enterprise management reform after ERP - EBC (Enterprise Business Capabilities). In the future, Kingdee will continue to help enterprises build independent and controllable business innovation and digital management platform capabilities, join hands with more enterprises to build world-class enterprises, realize "digital governance enterprises, resilient growth", and make Chinese software rise in the world.
About Kingdee International Software Group Company Limited
Kingdee International Software Group Company Limited ("Kingdee International" or "Kingdee") was established in 1993. It is listed on the Main Board of the Hong Kong Stock Exchange (stock code: 0268.HK) and headquartered in Shenzhen, China. Adhering to the core values of "Acting in all Conscience, with Integrity and Righteousness", the Company is committed to helping businesses achieve their growth targets through dedicated services. It strives to provide clients with the most trusted enterprise service platform.
According to IDC, Kingdee ranked as No.1 in the SaaS ERM (Enterprise Resource Management Cloud Service) for Large, Medium and SME enterprises in China, maintaining the No.1 in the market share in terms of SaaS EA (Enterprise Application Software Cloud Services) and Finance Cloud. Meanwhile, Kingdee has become the only Enterprise SaaS vendor in China that has entered into the top five of Gartner's application platform software in 2020, as well as the only Chinese vendor to be selected in IDC's Asia-pacific manufacturing ERP SaaS MarketScape, as a Contender. In addition, Kingdee Cloud was selected in "The State of Low-Code Platforms of Forrester", having the most case studies among all enterprise PaaS+SaaS platforms. Kingdee has attached great importance to user privacy and data security, and obtained the "grand slam" of security and privacy certifications, including ISO27001, ISO27701, Grade III Protection of Information Security, Cloud Security Alliance CSA-STAR.
Many cloud service products of Kingdee have won the favour of benchmark enterprises, including Kingdee Cloud Cosmic (new-generation PaaS Platform for enterprises), Kingdee Cloud Constellation (SaaS solution for large enterprises), Kingdee Cloud Galaxy (SaaS solution for medium-sized enterprises), Kingdee Cloud Stellar (SaaS solution for micro and small enterprises). Kingdee has provided software management and cloud services for more than 6.8 million enterprises, governments and organizations across the world.
View original content:
SOURCE Kingdee | https://www.mysuncoast.com/prnewswire/2022/05/13/no-1-row-kingdee-wins-gartners-high-productivity-apaas-market-china/ | 2022-05-13T08:57:33Z |
POKROVSK, Ukraine (AP) — Through the debris-strewn rooms of the bomb-blasted house, the incessant ringing of a phone punctuates the crunch of broken glass splintering underfoot as police lay out a body bag.
But the call will never be answered. The phone’s owner crouches lifeless on the floor of his home, in a front room where the explosion from a missile — one of several to hit this eastern Ukrainian town — found him.
The missiles that rained down on Pokrovsk Saturday night and into the early hours of Sunday were part of a barrage of attacks on towns in eastern Ukraine’s Donetsk region that left at least 10 people dead Saturday, according to Donetsk governor Pavlo Kyrylenko. They came as Ukraine pressed forward with a counteroffensive just to the north in the Kharkiv region, pushing Russian forces into a retreat from key areas.
Six of the dead were in Pokrovsk, mayor Ruslan Trebushkin said in a message posted on Telegram. The industrial town about 40 kilometers (25 miles) from the front line had been hit twice before by missiles, in May and July, but never before by so many in one night. A flash illuminated the night sky as a detonation sounded out across the town in the second of six explosions. An ambulance raced through the darkened streets, and flames rose from a fire triggered by the missile strikes.
At least three of those who died were killed when one of the missiles struck between a row of small houses and nearby train tracks, collapsing part of a nearby abandoned building, leaving one home burnt to the ground and severely damaging several more.
Oleksandr Zaitsev, 67, stood quietly outside his friend’s house as the police arrived. His friend’s wife had been calling her husband nonstop since the strike, he said, but nobody was picking up.
The house’s windows were shattered, the walls were pockmarked from shrapnel, and the front door blown off its hinges. Inside, the police gently rolled Zaitsev’s friend into a black body bag.
Next door, Yevhenia Butkova, 47, stood stunned in the center of her living room, trying to calm her two agitated pet dogs. Blood stained the sofa where she and her husband had been watching television when the first missile struck. On Sunday morning, he was recovering in a hospital after doctors removed shards of glass from his wounds, she said.
Chunks of debris from the ceiling littered the floor throughout the house, whose entrance was reduced to a jumble of splintered wood, plaster, glass and brick. One of the plywood boards the couple had put over their windows for protection had been blown clean across the garden. But a combination of that and the plastic they had put over the glass probably saved their lives, Butkova said.
“It was all quiet in Pokrovsk, this was very unexpected,” she said. “It was horrible.”
Further down the row of single-story houses, an elderly couple swept rubble and glass from their small porch, dried blood still streaking their faces.
Mariia Trutko, 85, and her husband Oleksii Maksymenko, 75, had been sleeping when they were jolted awake by the blast.
“I can’t hear anything without my hearing aid, and then it hit so hard that I heard,” said Maksymenko, a retired coal miner. “Everything flew. … I started bleeding, so we got up to see what that was, and then there was another one: boom!”
Their bed was littered with jagged shards of glass and plaster from the roof that covered them both, Trutko said. A large, square piece of glass lay on the pillow, and spots of blood stained the floor.
“Oh my God, we could never imagine going through something like this at this old age,” Maksymenko said.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://cw33.com/business/ap-business/ap-eastern-ukraine-towns-hit-in-overnight-strikes/ | 2022-09-11T15:47:08Z |
FARMVILLE, N.C., June 1, 2022 /PRNewswire/ -- CMP Pharma announced today that Norliqva® (Amlodipine) Oral Solution, 1 mg/mL, the first and only FDA-approved oral liquid solution of the besylate salt of amlodipine, a long-acting calcium channel blocker, is now available. Norliqva was approved by the FDA on February 24, 2022 and is now available through normal retail distribution.
Norliqva is the first FDA-approved liquid solution of amlodipine for the treatment of hypertension in patients 6 years of age and older. Norliqva ensures consistent dosing and bioequivalence and counters the complexities and inconsistencies of crushing/compounding amlodipine tablets.
Norliqva does not require refrigeration or shaking, allowing for immediate use and has a shelf life of 36 months. Norliqva's mild peppermint flavor is kid-friendly and meets the unmet needs of pediatric patients as well as older patients who have dysphagia or a difficult time swallowing tablets.
"Norliqva is intended for a subset of the patient population that needs amlodipine but has difficulty swallowing or inability to swallow. The availability of Norliqva gives healthcare providers and appropriate patients a convenient, safe, and FDA-approved liquid solution," said Gerald Sakowski, CEO of CMP Pharma, Inc.
With FDA-approved Norliqva, the challenges around short-term shelf life and lack of dosing consistency of crushed or compounded formulations are addressed. Norliqva is available in 150 mL bottles, which have 36-month dating.
Norliqva (Amlodipine) Oral Solution is now available. For more information, contact CMP Pharma at 252-753-7111 or visit norliqva.com.
About Norliqva
Norliqva is a calcium channel blocker for the treatment of hypertension in adults and children 6 years of age and older, to lower blood pressure. Lowering blood pressure reduces the risk of fatal and nonfatal cardiovascular events, primarily strokes and myocardial infarctions. Norliqva is also indicated for the treatment of coronary artery disease: chronic stable angina, vasospastic angina (Prinzmetal's or variant angina), and angiographically documented coronary artery disease in patients without heart failure or an ejection fraction <40%.
Norliqva is contraindicated in patients with sensitivity to amlodipine.
About CMP Pharma, Inc.
CMP Pharma is a specialty pharmaceutical company that addresses critical needs for niche markets by developing and manufacturing a portfolio of high value pharmaceutical products, including oral liquids and semi-solids. CMP Pharma combines decades of experience in pharmaceutical development and manufacturing to provide medicines to fill the unmet medical needs of many patients.
IMPORTANT SAFETY INFORMATION
INDICATIONS AND USAGE
NORLIQVA is a calcium channel blocker for the treatment of:
HYPERTENSION
NORLIQVA is indicated for the treatment of hypertension in adults and children 6 years of age and older, to lower blood pressure. Lowering blood pressure reduces the risk of fatal and nonfatal cardiovascular events, primarily strokes and myocardial infarctions.
CORONARY ARTERY DISEASE
- Chronic Stable Angina
- Vasospastic Angina (Prinzmetal's or Variant Angina)
- Angiographically Documented Coronary Artery Disease In patients without heart failure or an ejection fraction <40%
CONTRAINDICATIONS
NORLIQVA is contraindicated in patients with sensitivity to amlodipine.
WARNINGS AND PRECAUTIONS/ADVERSE REACTIONS
NORLIQVA may cause the following conditions.
- Symptomatic hypotension is possible, particularly in patients with severe aortic stenosis. However, acute hypotension is unlikely.
- Worsening angina and acute myocardial infarction can develop after starting or increasing the dose of NORLIQVA, particularly in patients with severe obstructive coronary artery disease.
- Titrate slowly in patients with severe hepatic impairment.
Most common adverse reactions to amlodipine were edema, dizziness, flushing and palpitation which occurred in a dose related manner. Other adverse reactions not clearly dose-related but reported with an incidence >1.0% are fatigue and nausea.
Talk to your healthcare provider about other possible side effects with NORLIQVA. To report SUSPECTED ADVERSE REACTIONS, contact CMP Pharma, Inc. at 1-844-321-1443 or FDA at 1-800-FDA-1088 or www.fda.gov/medwatch.
DRUG INTERACTIONS
Do not exceed doses greater than 20 mg daily of simvastatin.
- CYP3A Inhibitors: Co-administration with CYP3A inhibitors (moderate and strong) results in increased systemic exposure to amlodipine and may require dose reduction.
- CYP3A Inducers: No information is available on the quantitative effects of CYP3A inducers on amlodipine. Blood pressure should be closely monitored when amlodipine is co-administered with CYP3A inducers.
- Simvastatin: Co-administration of simvastatin with amlodipine increases the systemic exposure of simvastatin. Limit the dose of simvastatin in patients on amlodipine to 20 mg daily
- Immunosuppressants: Amlodipine may increase the systemic exposure of cyclosporine or tacrolimus when co- administered.
DOSAGE AND ADMINISTRATION
NORLIQVA is an oral solution: 1 mg/mL. Adult recommended starting dose: 5 mg orally once daily with a maximum of 10 mg orally once daily. Small, fragile, or elderly patients, or patients with hepatic insufficiency may be started on 2.5 mg orally once daily. Pediatric starting dose: 2.5 mg to 5 mg orally once daily.
Please click link for full Important Safety Information and full Prescribing Information:
https://www.norliqva.com/prescribing-information/
NOR-00005
View original content:
SOURCE CMP Pharma, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/01/cmp-pharma-inc-announces-that-norliqva-first-only-fda-approved-liquid-solution-amlodipine-is-now-available/ | 2022-06-01T18:31:09Z |
Many baby formula plants weren’t inspected because of COVID
WASHINGTON (AP) — U.S. regulators have historically inspected baby formula plants at least once a year, but they did not inspect any of the three biggest manufacturers in 2020, according to federal records reviewed by The Associated Press.
When they finally did get inside an Abbott Nutrition formula plant in Michigan after a two-year gap, they found standing water and lax sanitation procedures. But inspectors offered only voluntary suggestions for fixing the problems, and issued no formal warning.
Inspectors would return five months later after four infants who consumed powdered formula from the plant suffered bacterial infections. They found bacterial contamination inside the factory, leading to a four-month shutdown and turning a festering supply shortage into a full-blown crisis that sent parents scrambling to find formula and forced the U.S. to airlift products from overseas.
The gap in baby formula plant inspections, brought on by the COVID-19 pandemic, is getting new scrutiny from Congress and government watchdogs investigating the series of missteps that led to the crisis. A recent bill would require the Food and Drug Administration to inspect infant formula facilities every six months. And the government’s inspector general for health has launched an inquiry into the FDA’s handling of Abbott’s facility, the largest in the U.S.
Abbott resumed production at the plant early this month under a legally binding agreement with the FDA, but the shutdown and nationwide shortage exposed how concentrated the industry has become in the U.S., with a handful of companies accounting for roughly 90% of the market.
As COVID-19 swept across the U.S. in early 2020, the FDA pulled most of its safety inspectors from the field, skipping thousands of routine plant inspections.
The FDA did conduct more than 800 “mission critical” inspections during the first year of the pandemic, the agency said in a statement. Regulators selected facilities for inspections based on whether they carried a specific safety risk or were needed to produce an important medical therapy.
Only three of the nation’s 23 facilities that make, package or distribute formula made the cut. The FDA resumed routine inspections in July 2021.
The inspection records reviewed by the AP show gaps as large as 2 1/2 years between FDA’s 2019 inspections and when regulators returned to plants owned by the three leading formula manufacturers: Abbott, Reckitt and Gerber.
In fact, the FDA still has yet to return to one key plant owned by Reckitt and two owned by Gerber, according to agency records. All those facilities are operating around the clock to boost U.S. formula production.
“The FDA would have had more chances to catch these issues if they’d been inspecting during the pandemic,” said Sarah Sorscher, a food safety specialist with the Center for Science in the Public Interest. She acknowledged the difficult trade-off the FDA faced in pulling its inspectors to reduce their exposure to COVID-19. “Certainly there was a price to pay for protecting their workers during that time.”
Baby formula manufacturers were “consistently identified as a high priority during the pandemic,” and there is currently no backlog of inspections, the agency told the AP in response to inquiries about the gaps. The agency said it skipped about 15,000 U.S. inspections due to COVID, but it has already made up about 5,000 of those, exceeding its own goals.
Under current law, the FDA is only required to inspect formula facilities every three to five years, but the agency has consistently inspected facilities annually — until the pandemic.
“Our top priority now is addressing the urgent need for infant formula in the U.S. market, and our teams are working night and day to help make that happen,” FDA stated.
But outside experts say the gap in inspections speaks to a blind spot in the government’s response effort, which was successful at preventing shortages of drugs and other medical supplies.
FDA Commissioner Robert Califf says regulators knew shutting down Abbott’s plant would create supply problems, but there was little evidence of urgency between when inspectors shuttered the plant in February and recent emergency measures to allow more imports from abroad.
Longtime food safety specialists see a deeper problem at the highest levels of the FDA, where physicians and medical scientists for decades have prioritized oversight of drugs and medical products over food.
“It’s very challenging for them to get engaged at all in this area because they don’t have the background, the knowledge and the experience in it,” said Steven Mandernach, executive director of the Association of Food and Drug Officials, which represents state-level inspectors.
The FDA shares oversight of food production and safety with the U.S. Department of Agriculture. FDA inspections of food facilities peaked in 2011 and have declined most years since, despite increased funds and powers by Congress. The FDA said that while U.S. inspections have declined, foreign facility inspections have increased.
There’s no certainty that extra inspections during COVID-19 would have prevented the contamination problems at the Sturgis, Michigan, plant that was shut down. And Abbott says that its products have not been directly linked to the infections, two of which were fatal.
But the plant did have earlier problems, including a 2010 formula recall due to possible contamination with insect parts.
“I think facilities that had known problems that could cause a food safety risk should have been part of FDA’s mission critical work,” Mandernach said. “And this facility would have been among those.”
Not having regular inspections — or even the threat of them — can lead to changes in culture at plants like Abbott’s, Mandernach noted.
“If you’re driving down the highway and you know the state troopers have been furloughed, might you go a little faster than if you knew there was a trooper on duty?” Mandernach asked.
___
Follow Matthew Perrone on Twitter: @AP_FDAwriter.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/13/many-baby-formula-plants-werent-inspected-because-covid/ | 2022-06-13T13:21:42Z |
Voted Best Market Surveillance Provider by market participants in Waters Rankings Awards
NEW YORK and LONDON, Aug. 4, 2022 /PRNewswire/ -- Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, today won its fourth major award in the past five weeks as the firm's Validus platform was named Trade Surveillance Product of the Year at the 2022 Risk Technology Awards. On July 15, Eventus won Best Market Surveillance Provider in the Waters Rankings Awards, in which "best-in-class service providers" are determined by votes from thousands of sell-side and buy-side market participant readers of WatersTechnology.
The honors followed Eventus earning two significant regional awards – the Markets Media European Markets Choice Award for Best in Market Surveillance and the 2022 WatersTechnology Asia Award for Best Market Surveillance Tool, capturing the category for the second consecutive year and marking the fifth win since 2021 specifically for the firm's work in the Asia-Pacific (APAC) region. This is Eventus' third win in four years of the Risk Technology Award, and the European award is the second honor this year for service in the European, Middle East and Africa (EMEA) region.
Eventus CEO Travis Schwab said: "We're truly overwhelmed and gratified to accept these prestigious awards and to see the impact we've been able to have on the market in just the past few years. These achievements speak to the tremendous need for scalable, customizable trade surveillance capabilities along with compliance and regulatory expertise – across all asset classes and geographies. In the past two years we set out to grow our presence and build our client base in the EMEA and APAC regions, and we've exceeded our expectations. The Waters Rankings award is especially gratifying as so many firms using Validus consider it an essential component of their compliance program."
During the first half of 2022, Eventus has seen a 160% increase in its client base over the same period last year, with no sign of momentum abating in the second half of the year. This follows its most successful year in new client adoption of the Validus platform in 2021. As of the first half of the year, Eventus has more than 100 employees in 10 countries, including a growing team of regulatory experts who help clients navigate the evolving regulations in the various jurisdictions in which they operate.
Since 2018, Eventus has earned more than 25 awards and honors for its technology, expertise and service.
About Eventus
Eventus is a leading global provider of multi-asset class trade surveillance and market risk solutions. Its powerful, award-winning Validus platform is easy to deploy, customize and operate across equities, options, futures, foreign exchange (FX), fixed income and digital asset markets. Validus is proven in the most complex, high-volume and real-time environments of tier-1 banks, broker-dealers, futures commission merchants (FCMs), proprietary trading groups, market centers, buy-side institutions, energy and commodity trading firms, and regulators. The company's rapidly growing client base relies on Validus and Eventus' responsive support and product development teams to overcome its most pressing regulatory challenges. For more, visit www.eventus.com.
View original content to download multimedia:
SOURCE Eventus | https://www.kxii.com/prnewswire/2022/08/04/eventus-wins-fourth-major-award-five-weeks-with-risk-technology-award-trade-surveillance-product-year/ | 2022-08-04T14:09:49Z |
Police K-9 killed in line of duty by armed fugitive, authorities say
FITCHBURG, Mass. (WGGB/Gray News) - A Massachusetts police K-9 was killed in the line of duty on Tuesday morning.
According to a spokesperson for the Massachusetts State Police, K-9 Frankie was shot and killed during an attempt to apprehend a wanted fugitive barricaded inside a home.
According to WGGB, authorities said 38-year-old Matthew Mack, was the fugitive involved in the situation and shot in Frankie’s direction multiple times, striking the animal.
Troopers said the K-9 was evacuated from the scene and taken by ambulance to the Wachusett Animal Hospital, where he was later pronounced deceased.
Massachusetts State Police said Frankie was just days before his 11th birthday and will be given full honors.
Troopers said Frankie would be remembered for his hard work and bravery after being the first Massachusetts State Police K-9 to be killed in the line of duty.
According to troopers, the barricade incident ended with the fugitive dead of a self-inflicted gunshot wound.
Copyright 2022 WGGB via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/28/police-k-9-killed-line-duty-by-armed-fugitive-authorities-say/ | 2022-07-28T00:16:23Z |
GRAPHIC: Florida man survives alligator attack caught on camera
TAMPA, Fla. (WFTS) - A Florida man is on the mend after a life-threatening experience in the water.
J.C. La Verde was able to fight off an alligator attack, and although he has at least another surgery in the future, he said he’s thankful to be alive.
“If you want to see this in any other way than a legit miracle, it’s silly of you,” La Verde said.
La Verde is accustomed to dangerous situations.
His current career as a firefighter and paramedic, as well as his background as a U.S. Air Force pararescue, has allowed him to handle stressful situations.
Little did he know, he would be in the center of one.
“That thing was huge. That thing wasn’t a little gator. It would be funny if it was a little gator,” he said.
Two weeks ago, he was shooting an instructional video for his company DefeatX.
His friend, who was shooting from above with a drone, captured an estimated 12-foot alligator, heading straight for La Verde.
“With the right stroke, all I felt was scales, teeth and then right there, I’m like, ‘Oh, OK,’” La Verde said. “So, what I think I did, what it felt like I did, was that I immediately tried to open its jaws, because I knew I was in a gator.”
La Verde then put his hands in the alligator’s mouth and the two struggled.
“When I felt the teeth, I immediately knew, and then as I opened it, I knew that I either turned it or it turned me,” he said. “But it was confused, just as I was confused, and then it just let go.”
He swam to the dock, hoisted himself up and was driven to the hospital by a good Samaritan. All the while, calling 911 himself and explaining what had just happened.
“I am not going to put extra stress on somebody that is already driving a bloody man somewhere,” La Verde said. “Like if I can ease that load off of this lady.”
La Verde underwent an emergency six-hour surgery and will need another one in the future.
Currently, he wears a helmet to protect the right side of his head.
Through it all, he remains humble and grateful.
“Find your god. Find him. It’s silly. I get that that’s scary, I do,” he said. “But life is a scary place, so you can carry that load by yourself or have someone carry it for you.”
La Verde is the 18th person to be attacked by an alligator in Florida this year.
Copyright 2022 WFTS via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/18/graphic-florida-man-survives-alligator-attack-caught-camera/ | 2022-08-18T20:07:28Z |
DALLAS, July 28, 2022 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended June 30, 2022.
NREF reported net income of $8.5 million, or $0.34 per diluted share1, for the three months ended June 30, 2022, as compared to net income of $12.3 million, or $0.58 per diluted share, for the three months ended June 30, 2021.
NREF reported earnings available for distribution2 of $12.6 million, or $0.56 per diluted share1, for the three months ended June 30, 2022.
Matt McGraner, Chief Investment Officer of NREF, said "During Q2, NREF continued to deliver stable earnings and CAD, while generating more than $100 million of high-quality investments during a volatile capital markets environment. NREF will continue to deploy assets into investments in line with the Company's favorite real estate verticals – life science, self-storage, and workforce rental housing, all of which NREF believes should outperform amid this inflationary environment."
Second Quarter 2022 Highlights
- Outstanding total portfolio of $1.6 billion, composed of 75 investments3
- Single-family rental ("SFR"), multifamily, life sciences, and self-storage represent 44.2%, 53.7%, 1.7%, and 0.5% of the Company's debt portfolio, respectively
- Weighted-average loan to value ("LTV")4 and debt service coverage ratio ("DSCR") on our SFR, CMBS, CMBS IO strips, preferred, mezzanine, bridge loan, credit risk transfer and SFR-pass through certificate investments are 68.5% and 1.63x3, respectively
- As of July 27, 2022, there are no loans currently in forbearance in our portfolio
- During 2Q 2022, NREF purchased $8.0MM of preferred equity investments with a current yield of 10.5%
- On April 14, 2022, a $25.0MM convertible note converted into common stock in a private ground lease REIT
- On April 25, 2022, one single–family rental first mortgage loan with an aggregate principal amount of $6.1MM was repaid in full
- On May 2, 2022, NREF purchased a $40.7MM fixed rate Freddie Mac SB-Series B-Piece, with an estimated 7.9% yield
- On June 1, 2022, NREF purchase two single-family rental pass-through certificates with an aggregate $20.5MM in principal outstanding
- On June 9, 2022, NREF originated a $4.5MM mezzanine loan with a yield of SOFR + 1070bps
- Year-over-year changes of earnings per diluted share, earnings available for distribution per diluted share, cash available for distribution2 per diluted share and book value per combined share (common shares and noncontrolling interests) of -41.4%, 36.9%, 34.3% and 5.9%, respectively
- Today, NREF announced a third quarter 2022 dividend of $0.50 per common share
1 Weighted-average diluted shares outstanding assumes vesting of all outstanding unvested restricted stock units and the conversion of all redeemable non-controlling interests.
2 Earnings available for distribution and cash available for distribution are non-GAAP measures. For a discussion of why we consider these non-GAAP measures useful and reconciliations of earnings available for distribution and cash available for distribution to net income (loss) attributable to common stockholders, see the "Reconciliations of Non-GAAP Financial Measures" and "Non-GAAP Financial Measures" sections of this release.
3 As of July 27, 2022; CMBS B-Pieces reflected on an unconsolidated basis.
4 Loan to value is generally based on the initial loan amount divided by the as-is appraised value as of the date the loan was originated or by the current principal amount as of the date of the most recent as-is appraised value. For our CMBS B-Pieces, LTV is based on the weighted-average LTV of the underlying loan pool.
5 Net income attributable to common stockholders in 3Q 2022 is estimated to be between $5.9MM and $7.6MM. See reconciliations below.
Looking Ahead: Third Quarter 2022 Guidance
Earnings Available for Distribution
- 3Q 2022 EAD per diluted common share guidance is $0.445 at the midpoint
Cash Available for Distribution
- 3Q 2022 CAD per diluted common share guidance is $0.515 at the midpoint
Conference Call Details
The Company is scheduled to host a conference call on Thursday, July 28, 2022, at 1:00 p.m. ET (12:00 p.m. CT), to discuss second quarter 2022 financial results.
The conference call can be accessed live over the phone by dialing 888-220-8474 or, for international callers, +1 646-828-8193 and using passcode Conference ID: 5263678. A live audio webcast of the call will be available online at the Company's website, https://nref.nexpoint.com (under "Resources"). An online replay will be available shortly after the call on the Company's website and continue to be available for 60 days.
A replay of the conference call will also be available through Thursday, August 4, 2022, by dialing 888-203-1112 or, for international callers, +1 719-457-0820 and entering passcode 5263678.
For additional commentary and portfolio information, please view NREF's earning supplement, which was posted on the Company's website, http://nref.nexpoint.com.
Reconciliations of Non-GAAP Financial Measures
The following table provides a reconciliation of Earnings Available for Distribution and Cash Available for Distribution to GAAP net income attributable to common stockholders (in thousands, except per share amounts):
About NexPoint Real Estate Finance, Inc.
NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF" primarily focused on originating, structuring and investing in first mortgage loans, mezzanine loans, preferred equity and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage-backed securities. More information about the Company is available at http://nref.nexpoint.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by words such as "anticipate", "estimate", "expect," "intend," "may", "should" and similar expressions, and variations or negatives of these words. These forward-looking statements include, but are not limited to, statements regarding the Company's business and industry in general, the Company's strategy to continue to invest in investments in its favorite verticals, which NREF believes should outperform amid this inflationary environment, estimated yields and third quarter 2022 guidance, including net income attributable to common stockholders, EAD and CAD. They are not guarantees of future results and forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement, including the ultimate duration and severity of the COVID-19 pandemic, and the effectiveness of actions taken, or actions that may be taken, by governmental authorities to contain the outbreak or treat its impact, as well as those described in greater detail in our filings with the Securities and Exchange Commission, particularly those described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers should not place undue reliance on any forward-looking statements and are encouraged to review the Company's Annual Report on Form 10-K and the Company's other filings with the SEC for a more complete discussion of risks and other factors that could affect any forward-looking statement. The statements made herein speak only as of the date of this press release and except as required by law, the Company does not undertake any obligation to publicly update or revise any forward-looking statements.
Non-GAAP Financial Measures
This press release contains non-GAAP financial measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with GAAP in the statements of income, balance sheets or statements of cash flows of the Company. The non-GAAP financial measures used within this press release are earnings available for distribution ("EAD") and cash available for distribution ("CAD").
EAD is defined as net income (loss) attributable to our common stockholders computed in accordance with GAAP, including net income (loss) attributable to non-controlling interests and realized gains and losses not otherwise included in net income (loss), excluding any unrealized gains or losses or other similar non-cash items that are included in net income (loss) for the applicable reporting period, regardless of whether such items are included in other comprehensive income (loss), or in net income (loss) and adding back amortization of stock-based compensation. We use EAD to evaluate our performance which excludes the effects of certain GAAP adjustments and transactions that we believe are not indicative of our current operations and to assess our long-term ability to pay distributions. We believe providing EAD as a supplement to GAAP net income (loss) to our investors is helpful to their assessment of our performance and our long-term ability to pay distributions. We also use EAD as a component of the management fee paid to our manager. EAD does not represent net income or cash flows from operating activities and should not be considered as an alternative to GAAP net income, an indication of our GAAP cash flows from operating activities, a measure of our liquidity or an indication of funds available for our cash needs. Our computation of EAD may not be comparable to EAD reported by other REITs.
We calculate CAD by adjusting EAD by adding back amortization of premiums, amortization and depreciation and amortization of deferred financing costs and by removing accretion of discounts and non-cash items, such as stock dividends. We use CAD to evaluate our performance and our current ability to pay distributions. We also believe that providing CAD as a supplement to GAAP net income (loss) to our investors is helpful to their assessment of our performance and our current ability to pay distributions. CAD does not represent net income or cash flows from operating activities and should not be considered as an alternative to GAAP net income, an indication of our GAAP cash flows from operating activities, a measure of our liquidity or an indication of funds available for our cash needs. Our computation of CAD may not be comparable to CAD reported by other REITs.
Contact:
Jackie Graham
Director, Investor Relations
JGraham@nexpoint.com
Media: MediaRelations@nexpoint.com
View original content to download multimedia:
SOURCE NexPoint Real Estate Finance, Inc. | https://www.kxii.com/prnewswire/2022/07/28/nref-announces-second-quarter-2022-results-provides-third-quarter-2022-guidance/ | 2022-07-28T13:04:30Z |
CHARLOTTE, N.C. (AP) — O. Bruton Smith, who emerged from North Carolina farm country and parlayed his love of motorsports into a Hall of Fame career as one of the biggest track owners and most successful promoters in the history of auto racing, died Wednesday. He was 95.
His death was announced by Speedway Motorsports, which cited natural causes.
His son, Marcus, the current president and CEO, on Tuesday posted a tribute to his father on social media: “I had a wonderful Father’s Day weekend. I am so thankful to be a dad, and to have an amazing dad,” said the post, which was accompanied by photos of Smith surrounded by his family.
“Race fans are, and always will be, the lifeblood of NASCAR. Few knew this better than Bruton Smith,” NASCAR chairman Jim France said. “Bruton built his race tracks employing a simple philosophy; give face fans memories they will cherish for a lifetime. In doing do, Bruton helped grow NASCAR’s popularity as the preeminent spectator sport.”
Born March 2, 1927, on a farm in Oakboro, a small town 30 miles east of Charlotte, Ollen Bruton Smith was the youngest of nine children. He watched his first race as an 8-year-old during the Depression and bought his first race car at 17 for $700.
“The whole idea at that time was that I was going to be a race car driver. I learned to drive, but that career didn’t last long,” Smith said about his early start, claiming his mother prayed for him to find another passion. “You can’t fight your mom and God, so I stopped driving.”
Smith instead became an entrepreneur — promoting his first race at age 18 — and became one of the giants in stock car racing. Speedway Motorsports, the company he founded, was the first motorsports company to trade on the New York Stock Exchange and it currently owns 11 facilities across the United States.
The tracks host NASCAR, IndyCar, NHRA and other series in Hampton, Georgia; Bristol, Tennessee; Concord, North Carolina; Loudon, New Hampshire; Sonoma, California; Fort Worth, Texas; Dover, Delaware; Nashville, Tennessee; North Wilkesboro, North Carolina; Sparta, Kentucky, and Las Vegas.
NASCAR races this weekend at Nashville Superspeedway, a track that was purchased by Speedway Motorsports late last year.
“My parents taught us what work was all about,” Smith said in 2008. “As I look back, that was a gift, even though I certainly didn’t think so at the time. A lot of people don’t have that gift because they didn’t grow up working. Bu if you are on a family farm, that’s what you do. Everything is hard work.”
Speedway Motorsports also owns and operates a number of subsidiaries. Smith founded Sonic Automotive in early 1997 and took it public 11 months later; in 2000, it was recognized as a Fortune 500 company and has hundreds of dealerships in over 20 states.
Smith was on the ground floor as stock car racing grew in popularity, starting in the Deep South. Smith joked he was “unlucky enough” to be appointed by a committee of frustrated racers and car owners to begin promoting races.
He partnered with Curtis Turner in 1959 to build Smith’s first permanent motorsports facility, Charlotte Motor Speedway. It opened in June 1960 with a 600-mile race, the longest in NASCAR history. The Coca-Cola 600 to this day is considered a crown jewel on the NASCAR calendar.
Smith became known for building state-of-the-art facilities that embraced the fan experience. His tracks have condominiums, Speedway Clubs that offer fine dining and giant, high-definition video screens.
“I love the racing business. I want to contribute more and more,” Smith said in 2015. “You hear us preach about ‘fan friendly.’ I think that is a driver for me to just do more things. I enjoy the contributions I’ve been able to make to the sport.”
He often sparred with NASCAR founder Bill France Sr. and his successor, Bill France Jr., and battled the NASCAR leadership for decades trying to bring elite Cup Series races to his properties. The two largest operators of racetracks in the country rarely saw eye-to-eye, but Smith, with his gold-framed shaded sunglasses and wild sport coats, never backed down.
“Bruton’s contribution to stock car racing is hard to measure,” said fellow NASCAR Hall of Famer Dale Earnhardt Jr. “His ambitious vision created growth and opportunities that I am forever thankful for.”
Eddie Gossage, who worked for Smith at Charlotte before leaving to help open Texas Motor Speedway and guide it through its first 25 years, paid tribute to his former boss.
“I’ve met American Presidents and scholars. Astronauts and artists. World famous musicians and athletes. But the greatest man I ever met was Bruton Smith,” said Gossage, who retired last summer. “We had so much fun working together. He always treated me like an equal as he taught me lessons about business and life.”
Smith in 2016 was inducted into the NASCAR Hall of Fame for his contributions to motorsports. He was inducted into the International Motorsports Hall of Fame in 2007 and the National Motorsports Press Association Hall of Fame a year earlier. Jim France called Smith “a giant of a sport.”
“Everyone knows what he’s done for motorsports, NHRA and NASCAR,” drag racing great John Force said. “He was like a second father to me. I met him when he opened Bristol. I sure loved him. I’m going to miss him. His legacy will live on.”
Smith is survived by sons Scott, Marcus and David, daughter Anna Lisa, their mother, Bonnie Smith and seven grandchildren. Funeral arrangements were pending.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/speedway-motorsports-founder-bruton-smith-dies-at-95/ | 2022-06-23T00:19:04Z |
Which bidet attachment is best?
For most of us, getting a good clean after a bathroom trip is harder than it should be, and using more toilet paper often causes rashes or even clogged pipes. A bidet is the perfect solution, offering a sanitary clean that saves you time, toilet paper and calls to the plumber. However, many homes in North America aren’t equipped with the proper plumbing to accommodate a freestanding bidet. A bidet attachment provides all the benefits of a bidet by simply hooking on to your existing toilet. For a straightforward and high-quality attachment, consider this one from Samodra.
What to know before you buy a bidet attachment
Bidet attachment basics: what is it and how does it work?
Bidet attachments connect to both your toilet’s plumbing and your toilet seat. While there are a variety of bidet attachments with different features, they all have a control panel and a spray nozzle. The spray nozzle cleans your tush after you finish your business, and the control panel allows you to adjust the spray with whatever settings your particular seat has.
Benefits of using a bidet
A bidet attachment is a relatively inexpensive upgrade to your bathroom that provides a variety of benefits, including:
- A more hygienic bathroom experience so you leave feeling clean
- Less need for toilet paper and flushable wipes, which means less money on those products and less waste. Most bidet users only use a square of toilet paper for drying.
- Reduced risk of clogged pipes, due to less dependence on toilet paper.
- Ease-of-use for children, elderly individuals and those with mobility needs.
Who will be using it?
Before you pick out a bidet attachment, it can be helpful to consider who will be using it. Is this going in a master bathroom where only you and your spouse will use it? Then you may not have to worry about how user-friendly the controls are. If you have a crowded house or host parties frequently, be aware that all types of people will need to use the bidet attachment without much explanation. If you have children or elderly folks in your home, consider how easy to use the controls are and whether there is any text that might be hard to read.
What to look for in a quality bidet attachment
Adjustable water temperature and pressure
Most bidet attachments allow you to adjust the water pressure of the spray that does the cleaning, and we recommend you start on the lowest setting to get the hang of it. But some bidet attachments also allow you to adjust the temperature of the water being sprayed, which can be a much-appreciated way to avoid a chilly spritz of cold water on your backside. Models with adjustable temperatures can be harder to install, so keep this in mind as well.
Front cleaning settings
Many bidet attachments have two nozzles, one for front cleaning and one for rear cleaning. While anyone can benefit from front-cleaning nozzles, this feature is particularly helpful for people who experience menstruation, as it can make cleanup much easier. Additionally, many pregnant individuals and those who have recently given birth can have a hard time cleaning those hard-to-reach areas, and a well-aimed stream from the bidet can save a lot of effort.
Self-cleaning nozzle
Look for a bidet with a self-cleaning feature. These models will spray water downward to clean the nozzle itself with each use. This way, any water or debris that has splashed back onto the spray nozzle gets cleaned without your labor. Self-retracting nozzles are the most hygienic.
How much you can expect to spend on a bidet attachment
For less than $100, you’ll find straightforward bidet attachments that may have multiple settings but don’t have fancy features or temperature control; these models are more than sufficient for most users. For around $300-$500 you’ll probably get something that has some high-end features but not as many as those closer to $1000, where you’ll be getting the most luxurious experience available.
Bidet attachment FAQ
Is it hard to install a bidet attachment?
A. This depends largely on how complex your bidet attachment is, as well as your bathroom’s configuration. Models that have a warm water setting are more complicated to install than single temperature models.
Is a bidet attachment safe to use?
A. Bidet attachments are completely safe to use. The easiest way to avoid discomfort when getting accustomed to your bidet attachment is to start on the lowest setting, both for temperature and water pressure, and gradually work your way to higher settings.
What’s the best bidet attachment to buy?
Top bidet attachment
What you need to know: This high-quality cold water bidet attachment features easy-to-use controls and multiple settings for anyone’s needs.
What you’ll love: Rather than just a dial, this model has a dial and buttons, allowing you to know exactly what you’re adjusting. It features front and rear cleaning settings, so you can clean your entire nether region in one go. The dial allows you to adjust the intensity of the spray for your cleanliness and comfort. This model also has a sleek and attractive black controller.
What you should consider: It doesn’t have temperature control.
Where to buy: Sold by Amazon
Top bidet attachment for the money
Luxe Bidet Neo 120 Mechanical Toilet Attachment
What you need to know: This budget-friendly unit features easy-to-use controls and a retractable, self-cleaning nozzle without the use of electricity.
What you’ll love: With easy install and a variety of settings, this non-electric model will save energy and money while still offering all the key features you want in a standard bidet. Plus, the controls are easy to see and use for every member of your household.
What you should consider: This doesn’t have a front cleaning option, and some users experienced occasional leaking.
Where to buy: Sold by Amazon
Luxury pick
Kohler C3 Toilet Seat Bidet Attachment
What you need to know: This premium seat attachment has all the bells and whistles you could dream of and a sleek appearance for the ultimate spa-like experience.
What you’ll love: This seat attachment offers both adjustable heated water and an adjustable heated seat for extra comfort, as well as an LED nightlight in the bowl, oscillating and pulsing sprays, and front and rear washes. Furthermore, it offers programmable user profiles, so you can set your favorite settings for an automatic, customized experience with the touch of a button.
What you should consider: This model is very expensive, considering there are freestanding bidets for similar prices on the market.
Where to buy: Sold by Wayfair
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Collette Bliss 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/br/bed-bath-br/toilets-toilet-seats-br/best-bidet-attachments/ | 2022-06-26T19:03:55Z |
The 82-Guest Viking Osiris Debuts as Egypt Marks 100th Anniversary of the Discovery of King Tutankhamun's Tomb
LOS ANGELES, Aug. 22, 2022 /PRNewswire/ -- Viking® (www.viking.com) today named its newest river ship, the Viking Osiris, with a celebration in Luxor, Egypt. As part of the intimate event, the company's first ceremonial godfather, George Herbert, the 8th Earl of Carnarvon, offered a blessing of good fortune and safe sailing for the ship—an evolution of the naval tradition that dates back thousands of years. Designed specifically to navigate the Nile, the state-of-the-art ship was built at Massara shipyard in Cairo and will sail Viking's bestselling Pharaohs & Pyramids itinerary.
The naming of the Viking Osiris comes as Egypt marks several key events this year, including the highly anticipated opening of the new Grand Egyptian Museum outside of Cairo on the Giza Plateau and the 100th anniversary of the discovery of King Tutankhamun's tomb by the world's most famous Egyptologist, Howard Carter, and his benefactor and co-explorer, the 5th Earl of Carnarvon.
"Egypt has always drawn curious explorers for its rich history and ancient antiquities, and ever since we first began operating on the Nile River in 2004, our guests continue to be amazed by the country's many cultural treasures. Today we are pleased to officially welcome the Viking Osiris to our growing fleet on the Nile River, which allows us to welcome even more curious explorers to this incredible destination," said Torstein Hagen, Chairman of Viking. "During this milestone year for Egypt, we are also very grateful for the continued close friendship with the Carnarvon family, and that Lord Carnarvon has honored us by serving as the first godfather in our history."
"It is a great honor to be asked to be godfather to the Viking Osiris, one of the most beautiful river vessels to have ever graced the Nile. This is especially the case in the centenary year of my great-grandfather's discovery of the tomb of the Pharaoh Tutankhamun, and no doubt he and my great-grandmother, Lady Almina, would have been delighted to board the Viking Osiris had it been sailing in their day," said Lord Carnarvon. "The 5th Earl of Carnarvon was one of the great explorers and excavators of his time, and today you may join in his love of the glories of ancient Egypt, all in the exceptional comfort and style of the Viking Osiris."
The 8th Earl of Carnarvon is the son of Henry Herbert, 7th Earl of Carnarvon, and Jeanie Margaret Wallop (1935–2019). His mother was born in Big Horn, Wyoming, to Oliver Wallop, who was the brother of the 8th Earl of Portsmouth. The 8th Earl of Carnarvon was educated at Eton College and St. John's College, Oxford. He succeeded to the title of Earl of Carnarvon when his father passed away on September 11, 2001. He lives at Highclere Castle with the 8th Countess of Carnarvon, and they run the estate and business together. He is a keen horseman and sits on the board of the Historic Houses Association (HHA). He also takes a considerable interest in conservation and farming and has been an investor in start-up technology businesses. Together, the Carnarvons are Viking's first "godparents," as Lady Carnarvon is godmother of Viking's newest ocean ship, the Viking Mars®, as well as the river ship, the Viking Skadi.
Nearly 100 years ago, in November 1922, the discovery of the tomb of Tutankhamun by the 5th Earl of Carnarvon and Howard Carter was considered the first global media event and has provided a legacy of understanding, knowledge and insight into a remarkable civilization. In her newest book, The Earl and the Pharaoh: From the Real Downton Abbey to the Discovery of Tutankhamun, the Countess of Carnarvon tells the behind-the-scenes story of this discovery and explores the unparalleled life of the 5th Earl. Among many talents, he was an avid amateur photographer with an artistic eye for composition. His photographs are at Highclere Castle currently, stored in photo albums in the Library, and show the process of discovering and excavating the tomb of Tutankhamun, as well as scenes of daily life in Egypt of the period. With kind permission, the Carnarvons have allowed Viking to share this private collection for guests sailing on board the Viking Osiris.
For years Viking has offered a variety of ways for its guests to experience life at Highclere Castle, which is the home of the Earl and Countess of Carnarvon and the historic estate best known as the filming location of Downton Abbey. Viking became a household name during its sponsorship of the celebrated MASTERPIECE series through the years Downton Abbey aired on PBS. Karine Hagen, Viking Executive Vice President, worked closely with the Carnarvon family to develop the Privileged Access Pre/Post Extensions that feature the estate, including the highly-rated Oxford & Highclere Castle and Great Homes, Gardens & Gin extensions. Both are available for guests on select river and ocean voyages. For guests sailing the Pharaohs & Pyramids Nile River itinerary, Viking offers a five-day British Collections of Ancient Egypt Pre Extension, which gives guests an introduction to Egyptian antiquities in preparation for their Nile experience, including retracing the steps of Howard Carter and the 5th Earl of Carnarvon. Guests experience Privileged Access to archives and museum exhibits not normally accessible to the public, including a private, early morning tour of the Egyptian Collection at the British Museum, as well as visits to Sir John Soane's Museum, the Petrie Museum, the Ashmolean Museum and Oxford University's Griffith Institute, which houses Carter's archives. At Highclere Castle, guests also have the opportunity to view the Earl's magnificent private collection of Egyptian artifacts.
The Carnarvon family has also welcomed viewers to Highclere Castle on Viking's award-winning enrichment channel, Viking.TV (www.viking.tv). In the ongoing series, At Home at Highclere, Lady Carnarvon offers virtual Privileged Access to the historic home and its grounds during which she is joined by Lord Carnarvon, who shares his memories and a look inside his ancestral home.
Hosting 82 guests in 41 staterooms, the new, state-of-the-art Viking Osiris is inspired by Viking's award-winning river and ocean ships with the elegant Scandinavian design for which Viking is known. The vessel features several aspects familiar to Viking guests, such as a distinctive square bow and an indoor/outdoor Aquavit Terrace. The Viking Osiris joins the Viking Ra, which launched in 2018. Additionally, in response to strong demand, the Viking Aton, an identical sister ship to the Viking Osiris, will join the fleet in 2023. During today's naming event in Luxor, Hagen also announced that two more sister ships, the Viking Hathor and the Viking Sobek, are already under construction and will be delivered in 2024 and 2025, respectively.
During the 12-day, Pharaohs & Pyramids itinerary, guests begin with a three-night stay at a first-class hotel in Cairo, where they can visit iconic sites such as the Great Pyramids of Giza, the necropolis of Sakkara, and the Mosque of Muhammad Ali. Beginning in late 2022, guests will also be able to visit the new Grand Egyptian Museum. Guests then fly to Luxor, where they visit the Temples of Luxor and Karnak before boarding a Viking river ship for an eight-day, round-trip voyage on the Nile River, featuring Privileged Access to the tomb of Nefertari in the Valley of the Queens and the tomb of Tutankhamun in the Valley of the Kings, and excursions to the Temple of Khnum in Esna, the Dendera Temple complex in Qena, the temples at Abu Simbel and the High Dam in Aswan. Guests also visit a colorful Nubian village, where guests can experience a traditional elementary school. Finally, the journey concludes with a flight back to Cairo for a final night in the ancient city.
For more information, images and b-roll for Viking, contact vikingpr@edelman.com.
Viking was founded in 1997 and provides destination-focused journeys on rivers, oceans, and lakes around the world. Designed for experienced travelers with interests in science, history, culture and cuisine, Chairman Torstein Hagen often says Viking offers guests The Thinking Person's Cruise® in contrast to mainstream cruises. Viking has more than 250 awards to its name, including being the first cruise line to ever be named both the #1 ocean cruise line and #1 river cruise line in Travel + Leisure's 2022 "World's Best" Awards in a single year. In addition to consistently ranking at the top of Travel + Leisure's "World's Best" awards, Viking has been rated the #1 River Cruise Line and #1 Ocean Cruise Line by Condé Nast Traveler in the publication's 2021 Readers' Choice Awards. For additional information, contact Viking at 1-800-2-VIKING (1-800-284-5464) or visit www.viking.com. For Viking's award-winning enrichment channel, visit www.viking.tv.
View original content to download multimedia:
SOURCE Viking | https://www.kxii.com/prnewswire/2022/08/23/vikings-newest-ship-nile-river-named-luxor-by-8th-earl-carnarvon/ | 2022-08-23T02:57:17Z |
Japan is asking some 37 million people living in and around Tokyo to use less electricity and ration air conditioning even amid a record heat wave that has seen temperatures in some parts of the country pass 40 degrees Celsius (104 degrees Fahrenheit).
The government urged citizens in the capital to turn off lights and power switches for three hours in the afternoon and to use air conditioning "appropriately," as the country struggles with growing power shortages.
The request comes despite experts warning that record-setting temperatures could continue for weeks.
"Please save as much power as possible, such as by turning off lights that are not in use," the Ministry of Economy, Trade and Industry said Monday. It said appropriate uses of air conditioning included to "prevent heatstroke."
Japan's power supply has been tight since March, when an earthquake in the northeast forced some nuclear power plants to suspend operations. At the same time demand is at its highest since 2011, when Japan was hit by the strongest earthquake in its recorded history. The ministry warned the mismatch between supply and demand is becoming "severe."
But with recent temperatures soaring to dangerous levels, rationing electricity will not be easy.
On Tuesday, Tokyo experienced scorching heat for a fourth successive day after setting records for the month of June at the weekend.
On Saturday, temperatures in the capital hit 35.4 degrees Celsius (about 96 Fahrenheit) , while the city of Isesaki northwest of Tokyo hit 40.2 degrees Celsius (about 104 Fahrenheit) -- the country's highest in June since record keeping began in 1875. Meanwhile, Nagano city in central Japan hit 35.1 degrees Celsius (about 95 Fahrenheit) and Takada district in Niigata prefecture on the west coast registered 36.7 degrees Celsius (about 98 Fahrenheit).
The sweltering temperatures are forecast to last for the rest of the week and possibly worsen -- meaning demand for power was likely to increase as residents stay home and turn on the air conditioning.
Japan's heat wave is just one of many happening around the world as scientists warn extreme weather is becoming more frequent due to the worsening climate crisis.
Soaring temperatures in India and Pakistan in recent weeks forced schools to close, damaged crops, put pressure on energy supplies and kept residents indoors -- with some experts questioning whether such heat was fit for human survival.
And a massive heat dome has engulfed parts of the United States, bringing temperatures above 100 degrees Fahrenheit (about 37 Celsius) to major metro areas including Minneapolis, Chicago, Nashville, Memphis, Dallas, New Orleans and Atlanta.
In addition to the heat, floods have inundated Yellowstone National Park, wildfires have blazed in Arizona and New Mexico, and severe storms have caused widespread power outages in the upper Midwest and Ohio River Valley.
"More frequent and intense heat waves in cities are to be expected with further global warming," said climate scientist Winston Chow from the College of Integrative Studies at Singapore Management University.
"I fear that for such places, this is [now] the new climate normal ... if nothing is done to adapt and mitigate the causes of climate change."
Especially worrying, Chow said, was the impact of extreme heat on the elderly, who account for 28% of Japan's population.
"The elderly are biologically, physiologically predisposed to being more vulnerable to heat related injuries, and more than a quarter of Japan is above the age of 65. The risk of heat stress and stroke without any attempts to adapt would be very high in Tokyo," Chow said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/japan-tells-millions-to-save-electricity-as-record-heat-wave-strains-power-supply/article_9ca51a27-c6e8-5e94-8ac2-9101711e20de.html | 2022-06-28T09:01:33Z |
HOHHOT, China, June 7, 2022 /PRNewswire/ -- Chinese dairy giant Inner Mongolia Yili Industrial Group Co., Ltd. reached strategic cooperation with the Argentina National Football Team at a ceremony held on June 2 in Beijing.
The signing was witnessed by Argentina's ambassador to China Sabino Vaca Narvaja, Yili Group executive president Liu Chun and Gao Yimin, vice president of Wanda Cultural Industry Group and the president of Wanda Sports.
This year marks the 50th anniversary of the establishment of diplomatic relations between China and Argentina and Yili Group has become the first partner of the Argentine team in the Chinese dairy industry.
In order to celebrate the cooperation between the two parties, Yili presented the Argentine team with traditional paper sculptures while the Argentine team presented Yili with an official customized jersey.
As one of the top five dairy companies in the world and the No. 1 dairy company in Asia for eight consecutive years, Yili Group is said to have firmly occupied the lead position in the industry with its high-quality product innovations and diversified products.
Image Attachments Links:
Link: http://asianetnews.net/view-attachment?attach-id=422849
Caption: The signing ceremony for Yili Group and Argentina's national soccer team is held on June 2 in Beijing.
Link: http://asianetnews.net/view-attachment?attach-id=422850
Caption: Representatives of Yili Group and the Argentina team exchange gifts.
View original content to download multimedia:
SOURCE Yili Group | https://www.wibw.com/prnewswire/2022/06/07/yili-reaches-strategic-cooperation-with-argentina-national-football-team/ | 2022-06-07T11:08:34Z |
LINCOLN, Neb., April 11, 2022 /PRNewswire/ -- The latest Sandhills Global market report on the aviation industry indicates an across-the-board, month-over-month expansion in pre-owned inventory, although the number of available aircraft remains markedly low compared to a year ago. Values in Sandhills marketplaces continued to ascend in most categories despite the new breathing room provided by the inventory increase.
Sandhills' aviation products include Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftEvaluator. AircraftEvaluator is Sandhills' proprietary asset valuation tool for all types of aircraft, built using the same technology behind FleetEvaluator. Widely used and trusted across equipment, truck, and trailer industries, FleetEvaluator identifies asset values with unparalleled accuracy.
The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions.
Chart Takeaways
This report includes detailed analysis of asking values and inventory trends in the worldwide used aircraft market along with charts that help readers visualize the data. This report describes and quantifies important trends in the buying and selling of used piston single, turboprop, and jet aircraft.
U.S. and Canada Used Piston Single Aircraft
- The Sandhills EVI for piston single aircraft in the U.S. and Canada logged a 23.8% year-over-year rise in asking values in March 2022. As compared to the previous month, values decreased slightly from February 2022's 24.2% YOY figure.
- Piston single inventory in March 2022 rebounded with a 12-percentage point gain over the month prior. On a YOY basis, inventory levels were down 20.7% overall.
U.S. and Canada Used Turboprop Aircraft
- In the turboprop category, the Sandhills EVI showed a 23.0% YOY increase in asking values in the U.S. and Canadian markets. Aircraft values were approximately $1.7 million in March 2022 compared to $1.4 million in March 2021.
- Inventory of turboprop aircraft improved by 3.4 percentage points over the month prior, but was still down by 66.5% YOY.
Global Used Jet Aircraft
- As illustrated in the accompanying chart, Sandhills market reports break out the jet aircraft category into Light, Mid, Super Mid, and Large classes.
- On a worldwide basis, Sandhills EVI asking values for jets in the Large class were elevated by 21.1% YOY. M/M values for March rose to $21.0 million from $20.3 million in February.
- Jet aircraft inventory in the Large class was down 61.1% YOY in March but reflected a 2-percentage-point increase from February. Additional jet YOY values segmented by class include:
Obtain the Full Report
For more information, or to receive detailed analysis from Sandhills Global, contact us at marketreports@sandhills.com.
About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the aviation, construction, agriculture, and commercial trucking industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.
About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, commercial trucking, and aviation industries represented by Sandhills Global marketplaces, including Controller.com, AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator and AircraftEvaluator, Sandhills' proprietary asset valuation tools, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.
Contact Sandhills
www.sandhills.com/contact-us
402-479-2181
View original content to download multimedia:
SOURCE Sandhills Global | https://www.kxii.com/prnewswire/2022/04/11/aircraft-inventory-levels-improve-across-categories-values-still-rising-or-holding/ | 2022-04-11T23:51:33Z |
SEATTLE, Aug. 19, 2022 /PRNewswire/ -- This summer is closing out with sizzling new job data from the US Labor Department: 130,000 more jobs were created in July compared to June. With new job creation comes new job incentives, such as 401(k) plans to help attract potential employees. In creating these incentives, many business owners are learning the rules of running 401(k) benefits for the first time. Many small businesses prefer the simplicity of the Safe Harbor 401(k) plan design. To start this retirement plan type, it must be set up by October 1 to meet the IRS deadline. ShareBuilder 401k has a special offer for any business with employees looking to set up a new Safe Harbor 401(k) plan.
The Safe Harbor 401(k) plan features a variety of benefits and savings for business owners seeking to lower taxes, save for retirement, and help attract and retain top talent. As an added benefit, the Safe Harbor 401(k) automatically satisfies IRS testing requirements and enables the option for any employee, including high earners, to maximize their 401(k) contributions. Considering all 401(k) plans (except Solo 401(k)s) are subject to government tests, the Safe Harbor plan makes 401(k) management easier and more efficient.
Starting today, businesses who sign up for ShareBuilder 401k's Safe Harbor 401(k) plan can receive:
- 50% off Safe Harbor and Traditional Plans set up between Aug. 19–Sept. 12 OR
- 25% off Safe Harbor and Traditional Plans set up between Sept. 13–25
Stuart Robertson, CEO of ShareBuilder 401k shares insight on relevant 401(k) pricing and tax credits for small business owners. "401(k) plans are a lot less expensive than many businesses think—for example, a plan of 10 employees will pay less than $100 per month," he says. "Any business with fewer than 100 employees that opens their first 401(k) plan can receive a tax credit that is designed to cover half of these costs—up to $15,000 for the first three years.
"We know rising costs are putting pressure on company's profit margins, so we want to help show them ways to keep expenses down while still staying competitive for top talent."
The federal deadline to start a Safe Harbor 401(k) plan is October 1. However, businesses need to enroll for a 401(k) by Sept. 27, as it typically takes a few days to set up the plan and ensure the October 1 deadline is met. Businesses that miss the Safe Harbor 401(k) deadline but still start a new plan will face additional monitoring, testing, and potential limitations on how much owners and other high earners can contribute annually.
In an ever-evolving and expanding job market, 401(k) plans are recognized as an important employee incentive. ShareBuilder 401k positions itself as a low-cost and high service investment management solution for any size business. By pioneering the all-index based 401(k) plan using ETFs and the digital purchase of 401(k), ShareBuilder 401k continues to innovate and help small business owners save money.
ShareBuilder 401k is a leading digital 401(k) provider specializing in low-cost, all-ETF retirement products and resources for small- to mid-sized companies, including owner-only businesses. Founded in 2005 and now serving more than 6,500 businesses across the US, ShareBuilder 401k is a pioneer of the index-based 401(k), digital quoting and purchasing of retirement plans, and providing investment management (ERISA 3(38)) services for every client's fund roster. ShareBuilder 401k is committed to further expanding access to retirement plans and leading more Americans to save through intuitive technology, low costs and quality education and support. More information on the company can be viewed online at: https://www.sharebuilder401k.com/
Cindy Carrasquilla
Cindy@Haddadandpartners.com
(646) 645-9056
View original content to download multimedia:
SOURCE ShareBuilder 401k | https://www.kxii.com/prnewswire/2022/08/19/temperatures-job-market-heat-up-small-businesses-offered-incentives-set-up-new-401k-plans-before-october-1-safe-harbor-deadline/ | 2022-08-19T13:47:31Z |
GRAND RAPIDS, Mich., July 28, 2022 /PRNewswire/ -- The M&A Advisor recently announced that Blackford Capital's Andrew Hakim has been recognized as a recipient of the 13th Annual M&A Advisor Emerging Leaders Awards. The awards recognize professionals under the age of 40 from across the United States for their leadership in M&A, financing and restructuring. The winners were chosen from a competitive field for their accomplishments in business and community service by an independent panel.
Mr. Hakim, currently serving as a Vice President at Blackford Capital, a lower middle market Private Equity firm based in Grand Rapids, has been chosen from a pool of prominent nominees for his notable accomplishments in business and in service to the community. Andrew leads the firm's Portfolio Company Operations team and is responsible for key aspects of analyzing, acquiring, capitalizing, growing, and exiting the firm's equity investments.
Raised in West Michigan, Mr. Hakim earned both undergraduate and graduate degrees in Engineering from the University of Michigan. Following the award of his Master's Degree in 2013, he began his career in Chicago as a management consultant for Kearney, focusing on executive's most pressing problems across some of the largest and most prestigious organizations in the world. Ready to take his personal and professional life to the next level, Mr. Hakim returned to Michigan– where he decided he wanted to raise his family – and joined Blackford Capital as an Associate in 2018.
"I am honored to be acknowledged by The M&A Advisor as one of this year's Emerging Leaders," said Hakim. "I'm tremendously grateful to Martin Stein and the rest of the Blackford Capital leadership team for setting me up for success from day one. My growth in the industry is a testament to the opportunities I've been given during my time here. I strive to give the same level of guidance, empowerment and inspiration to other professionals as they progress their careers."
The M&A Advisor, renowned globally for its recognition and presentation of leading M&A, financing and turnaround professionals, created this recognition awards program to promote mentorship and professional development amongst the emerging leaders of corporate finance and dealmaking industries.
"Andrew has been an exceptional addition to the Blackford Capital team since he first walked through our doors in 2018," said Martin Stein, Blackford Capital founder and managing director. "He has an impressive business acumen and it's been a pleasure to watch him grow as a private equity professional; to see – firsthand – how his business savvy and impeccable character combine to achieve excellence in even the everyday activities."
For a complete list of the 2022 Emerging Leaders Award Winners Click Here.
Founded in 2010, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford acquires, manages, and builds founder and family-owned, lower middle-market companies, with a focus on the manufacturing, industrial and distribution industries. With a reputation for a relentless approach to value creation and a focus on operational excellence, Blackford was named the Private Equity Firm of the Year by M&A Advisor in 2021 and 2018. The firm has also received Deal of the Year honors from M&A Advisor in multiple categories, and its portfolio companies have also been included on the Inc. 5000. For more information, visit www.blackfordcapital.com.
Amy Romano, Senior Director
Lambert
aromano@lambert.com
480-577-9989
View original content to download multimedia:
SOURCE Blackford Capital | https://www.mysuncoast.com/prnewswire/2022/07/28/blackford-capitals-andrew-hakim-announced-recipient-13th-annual-emerging-leaders-award/ | 2022-07-28T12:38:31Z |
Accuser’s mom: R Kelly’s threats made her fear for her life
CHICAGO (AP) — A mother whose daughter prosecutors say R. Kelly sexually abused starting when she was 14, told jurors Monday at the singer’s federal trial that she lied to a state grand jury 20 years ago, in part because she and her husband felt threatened by Kelly and feared for their lives if they told the truth.
The mom, who used the pseudonym, “Susan,” in court at the trial in Chicago, described how she, her husband and Kelly were crying when the parents confronted the Grammy-winner at a hotel in the early 2000s about whether he was abusing their daughter. She testified they were startled when Kelly told them, “You are with us or against us.”
She said she took those words to mean “that they were going to harm us if we didn’t do what they wanted us to do.” Among the directives from Kelly and an associate was that they had to lie that their daughter was not in a child pornography video and that they had to leave the country immediately for several weeks, she testified.
“We were very, very frightened,” she told jurors.
She added later that she lied to the grand jury “because we feared for our lives and we were intimidated.” She said she also feared for the well-being of her daughter, who warned her parents at the time that she might commit suicide if they refused to do what Kelly asked them to do.
Kelly, 55, is on trial in his hometown on charges that include production of child pornography, enticing minor girls for sex and obstruction justice by successfully rigging his 2008 child pornography trial in state court, at which he was acquitted.
Kelly is already staring at a 30-year prison sentence imposed by a federal judge in New York in June for his 2021 convictions on racketeering and sex trafficking charges.
Susan’s daughter, who went by the pseudonym “Jane,” was among the prosecution’s first witnesses as the trial began last week. Jane told jurors that she also lied to the same grand jury prior to 2008 trial when she said she was not the 14-year-old girl in a video with Kelly. Jane, now 37, told jurors last week that, in fact, she had been sexually abused hundreds of times by Kelly before she had turned at 18.
On Monday, in an often contentious cross-examination, Kelly attorney Jennifer Bonjean repeatedly questioned Susan about whether she truly felt her life was in any danger from Kelly or his associates.
“No one actually threatened you, did they?” Bonjean asked.
“Yes, they did,” Susan answered.
Bonjean also asked why, if Susan felt so threatened by Kelly, she and her family continued to mix with Kelly socially for the next 20 years. She answered that Kelly was their sole income for a period, paying her musician husband to work on Kelly recordings. She also said she worried about Jane’s welfare if they cut ties with Kelly.
The husband, Jane’s father, died last year, she told jurors.
During her cross, Bonjean highlighted Susan’s testimony that she lied to the Illinois grand jury, asking if she was “telling the truth now.” Susan said she was.
Prosecutors from the Cook County state’s attorney’s office chose in the mid-2000s to push ahead with charges and to take the case to trial in 2008 despite what they knew was a major hurdle: their inability to call the girl in the video to testify.
After acquitting Kelly in the 2008 trial, some jurors told reporters that that they had no choice but to find Kelly not guilty because the girl — who by then was in her 20s — did not take the witness stand to confirm it was, in fact, her in the video.
Federal prosecutors at the current trial played excerpts of that and other videos they say show Kelly when he was around 30 sexually abusing a 14-year-old Jane.
Kelly has been trailed for decades by allegations about his sexual behavior. The scrutiny intensified during the #MeToo era and following the 2019 release of the Lifetime television docuseries “Surviving R. Kelly.”
___
Follow Michael Tarm on Twitter at https://twitter.com/mtarm and find AP’s full coverage of the R. Kelly trial at https://apnews.com/hub/r-kelly.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/22/accusers-mom-r-kellys-threats-made-her-fear-her-life/ | 2022-08-22T23:42:15Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Embark Technology, Inc. f/k/a Northern Genesis Acquisition Corp. II ("Embark" or the "Company") (NASDAQ: EMBK; EMBKW) (NYSE: NGAB.U; NGAB; NGAB WS) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 22-cv-02090, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Embark securities between January 12, 2021 and January 5, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Embark securities during the Class Period, you have until May 31, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Embark develops self-driving software solutions for the trucking industry in the U.S. The Company was originally a special purpose acquisition company, also called a blank-check company, which is a development stage company that has no specific business plan or purpose or has indicated its business plan is to engage in a merger or acquisition with an unidentified company or companies, other entity, or person.
On November 10, 2021, the Company consummated a merger transaction with Embark Trucks Inc., a Delaware corporation ("Legacy Embark"), whereby, among other things, the Company changed its name from "Northern Genesis Acquisition Corp. II" to "Embark Technology, Inc." (the "Business Combination").
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had performed inadequate due diligence into Legacy Embark; (ii) Legacy Embark and the Company following the Business Combination held no patents and an insignificant amount of test trucks; (iii) accordingly, the Company had overstated its operational and technological capabilities; (iv) as a result of all the foregoing, the Company had overstated the business and financial prospects of the Company post-Business Combination; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On January 6, 2022, The Bear Cave published a short report entitled "Problems at Embark Technology (EMBK)" (the "Bear Cave Report"). The Bear Cave Report alleged, among other issues, "that Embark appears to lack true economic substance" and that its "current evaluation appears to be based on puffery rather than actual substance", noting that "[t]he company holds no patents, has only a dozen or so test trucks, and may be more bark than bite."
On this news, Embark's stock price fell $1.37 per share, or 16.75%, to close at $6.81 per share on January 6, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-embark-technology-inc-fka-northern-genesis-acquisition-corp-ii-class-action-lawsuit-upcoming-deadline-embk-embkw-ngabu-ngab-ngab-ws/ | 2022-04-11T23:16:09Z |
Farms, fish on dry California-Oregon border see scant water
By GILLIAN FLACCUS
Associated Press
PORTLAND, Ore. (AP) — Farmers who rely on a federal irrigation project on the California-Oregon border will get one-seventh of the Klamath River water they would receive in a wetter year as historic drought grips the U.S. West. The U.S. Bureau of Reclamation didn’t release any water to irrigators in 2021 and says this year farmers will see their allocations fall further if they divert water illegally. The Bureau releases water seasonally from a lake that must be kept at a certain level to protect an endangered fish species that’s important to the Klamath Tribes. Downstream tribes are also fighting to save Klamath River salmon. | https://localnews8.com/news/ap-idaho/2022/04/11/farms-fish-on-california-oregon-border-to-get-less-water-2/ | 2022-04-11T23:40:57Z |
Veterinary healthcare teams are the best resource for helping consumers count pets' calories and define a nutrition strategy to help animals live longer, better lives
ORLANDO, Fla., May 4, 2022 /PRNewswire/ -- Who can ignore the wide, eager eyes and wagging tail or purr of an adoring pet sending a strong hint that a treat would hit the spot? Pet owners know those looks are hard to resist and treats are a way to reinforce the bond with their animal companions.
Yet, like humans who may struggle with maintaining a healthy weight, many pets are obese, with an estimated 60% of cats and 56% of dogs classified as being overweight. Giving too many treats adds excess calories and can contribute to a nutritional imbalance in a pet's diet.
"Nutrition is a cornerstone of animal health. Proper nutrition is critical for overall wellness, disease management and prevention for pets," said Dana Varble, DVM, CAE, Chief Veterinary Officer at the North American Veterinary Community (NAVC). "With a wide variety of food products on the market along with different philosophies on what's best for animals, it's important for pet owners to seek nutritional guidance from the people who truly know their animals' dietary needs: their veterinary healthcare team."
Kara M. Burns, MS, MEd, LVT, VTS (Nutrition), VTS-H (Internal Medicine, Dentistry), a recognized expert on animal nutrition, who has presented on the topic of animal nutrition to veterinary professionals around the world, stresses that 90% of an animal's recommended daily energy requirement should come from pet food.
"Snacking on too many treats is bad for pets just like it is for people. When it comes to treats, those products should not exceed more than 10% of an animal's daily caloric intake," said Burns. "The credentialed veterinary nurse or technician can help pet owners understand the information on pet food labels and calculate the recommended amount of food versus treats, based on a specific animal's needs."
Similar to registered nurses in human healthcare, credentialed veterinary nurses/technicians are highly educated professionals who provide a wide range of veterinary care to pets, including nutrition. They have an associate or bachelor's degree in veterinary technology and have studied anatomy, physiology, pharmacology, anesthesia, etc. Additionally, they are able to pursue 16 areas of specialization, including nutrition, emergency and critical care, anesthesia and analgesia, and more. Those who have achieved a nutrition specialization have completed 4,000 hours work experience in the animal nutrition field, clinical or research. Additionally, they completed 40 continuing education hours related to veterinary nutrition, animal nutrition or nutrition research, managed multiple nutrition cases in more than one species, and passed an arduous specialized exam. The National Association of Veterinary Technicians in America (NAVTA) offers resources for veterinary nurses/technicians seeking specialization certification.
"Credentialed veterinary technicians are dedicated to providing the best care for pets and that can often involve helping pet owners navigate the nutritional needs of their animals – needs that are sometimes overlooked. Nutritional requirements change throughout a pet's lifetime and can also play an important role in managing medical conditions," said Allison Flinn, BS, RVT, a Technician Supervisor at VCA All Pet Emergency Center in Evansville, IN, and a certified animal weight coach. "Credentialed technicians have a wealth of knowledge to share with pet owners and we're eager to help. We can help owners interpret nutrition labels to better understand what they are feeding their pets and we often help owners implement the veterinarian's recommendations for appropriate dietary changes, supporting them throughout the process."
Credentialed veterinary nurses/technicians can provide important nutritional guidance including:
- Various nutritional needs at each life stage and how much to feed your pet.
- How certain nutrients help to manage a disease or condition.
- Techniques to transition your pet to a new diet and ways to encourage pets to try new foods.
- What to do if the pet does not like their new diet food or has any issues associated with a particular food.
VCA offers a number of articles on its website to help pet owners with questions about their animals' nutrition.
The entire veterinary team can take the Pet Nutrition Coach Certification Course and the Pet Nutrition Coach Therapeutic Certification Course through the NAVC's year-round virtual education platform, VetFolio.
The NAVC and VCA Animal Hospitals, with support from NAVTA, have teamed up to help pet owners better understand how the many different members of veterinary healthcare teams are highly educated and valued partners in ensuring the health and wellbeing of pets.
About the NAVC
The North American Veterinary Community (NAVC) is a nonprofit organization dedicated to supporting and advancing veterinary professionals worldwide. The world's leading provider of veterinary continuing education, the NAVC delivers essential training, tools and resources for veterinary professionals to stay abreast of advances in animal medicine and provide the best medical care for animals everywhere. Through its commitment to innovation and excellence, the NAVC has developed a diverse portfolio of products and services, including: educational events, headlined by VMX, the world's largest, most comprehensive continuing education conference and launchpad for new products and innovations within the veterinary industry; a robust digital platform for virtual learning and engagement; the veterinary industry's largest and award-winning portfolio of trade publications; and an advocacy arm which unites the veterinary community and pet lovers. The NAVC was founded in 1982 and is headquartered in Orlando, FL. Since 2017, the NAVC has been recognized annually as one of the Top Workplaces by the Orlando Sentinel. To learn more about the NAVC's products and brands, visit https://navc.com/. To see our schedule of upcoming events, visit https://navc.com/calendar/.
About VCA Animal Hospitals
A leader in veterinary care, VCA Animal Hospitals is committed to caring for the future of veterinary medicine. We are a family of hometown animal hospitals determined to positively impact pets, people, and our communities. From general practice to emergency and specialty care, VCA delivers world-class medicine to more than four million pets each year. Our national network of clinics and hospitals invest in cutting-edge tools, training and technology that enables our Associates to lead the industry today and into tomorrow. Among our talented 35,000 Associates are nearly 7,000 veterinarians – including 430 who are board-certified specialists – nearly 4,000 credentialed technicians and over 10,000 veterinary assistants – all dedicated to giving pets the very best in medical care.
As part of the Mars Veterinary Health family of brands, VCA is committed to the Mars Petcare Purpose—A Better World for Pets™. To learn more about VCA, visit: www.vca.com.
View original content to download multimedia:
SOURCE North American Veterinary Community | https://www.mysuncoast.com/prnewswire/2022/05/04/is-your-pet-putting-pounds-time-help-nutrition-expert/ | 2022-05-04T18:34:46Z |
Leader of West Virginia Proud Boys pleads guilty for role in US Capitol riot
By Hannah Rabinowitz, CNN
The leader of the West Virginia chapter of the Proud Boys pleaded guilty on Wednesday to illegally entering the US Capitol grounds on January 6, 2021.
Jeffrey Finley, 29, faces up to one year in prison.
The plea could be a significant step in one of the Justice Department’s most crucial investigations related to the attack, as prosecutors home in on what Proud Boys leaders had planned as they descended on the Capitol. Finley has corroborated evidence prosecutors may use in other cases.
According to the plea agreement read in court, Finley was among the first group to breach the Capitol grounds. Though Finley was not charged with other members of the Proud Boys, prosecutors say he was photographed with some of the group’s leaders marching on the grounds.
Finley also wore an earpiece during the riot. Prosecutors have alleged that Proud Boys members used radios — and some wore earpieces — to communicate on January 6. And Finley took part in Telegram message channels that prosecutors have relied upon in making their cases.
Just after 2 p.m. that day, Finley moved with the mob to the Upper West Terrace and messaged a Telegram channel titled “Boots on the Ground.” Prosecutors have alleged that channel was used by Proud Boys leaders to communicate, including reposting instructions from leader Enrique Tarrio.
Almost two hours later, Finley sent another message to the “Boots on the Ground” channel saying, “I just got out myself” and “we literally can’t get back in… if you guys come out you aren’t getting back in.”
In the days after the riot, according to the plea agreement, Finley deleted photographs, videos and messages with other Proud Boys at the Capitol. Finley instructed other members to do the same.
“No talks about DC,” Finley said in one message.
Last month, the Justice Department charged Tarrio with conspiracy. He pleaded not guilty on Tuesday.
Prosecutors have indicated in court that there is new evidence that could lead to additional charges or arrests in relation to that case.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/06/leader-of-west-virginia-proud-boys-pleads-guilty-for-role-in-us-capitol-riot/ | 2022-04-06T19:39:34Z |
Findings indicate a shortage of well-trained OT security personnel, human error, and lack of visibility into OT networks are responsible for increasing OT attacks worldwide.
SCADAfence launches 'OT Security Managed Services' to help alleviate the challenge of talent shortfall.
TEL AVIV, Israel, July 14, 2022 /PRNewswire/ -- SCADAfence, the global leader in cyber security for Operation Technology (OT) & Internet of Things (IoT) environments, today announced the publication of a global survey of OT cyber security professionals. The full report can be downloaded from the SCADAfence website.
The 2022 State of Operational Technology is the culmination of a survey of 3,500 OT security professionals on 6 continents. It offers sweeping insight into the minds of OT cyber security experts working in the critical infrastructure and manufacturing sectors.
Among the survey's key findings, 79% of OT experts believe human error is the greatest risk for compromise to OT systems. 83% of those surveyed believe there is a significant shortage of trained OT workers, with not enough new workers being trained to meet the growing demand. Additionally, 69% believe this shortage puts organizations at higher risk than ever before.
Survey results also show that experts believe that the lack of visibility into their OT/ICS networks is the biggest challenge to managing risks.
The survey also addressed the issue of successful IT-OT convergence, with 50% of respondents saying that proper communication between IT-OT teams is the biggest factor for success.
"SCADAfence commissioned this global survey because we know this is a critical time for OT and IoT security, and we wanted to fully understand the state of OT security preparedness on a global level," said Elad Ben-Meir, CEO of SCADAfence. "These results give everyone direction on what needs to happen next. It provides a roadmap for organizations in the critical infrastructure and industrial sectors on how to increase their ability to prevent a possible cyber attack and prevent downtime."
In response to the findings in this survey, in particular the severe lack of qualified OT security workers, SCADAfence has officially launched Managed Services for OT security. This program allows industrial manufacturers to outsource their OT security to SCADAfence's team of experts. The benefits of the program include faster detection and response time, almost real-time threat detection, and a better understanding of the state of the organization's OT security. For full details on OT managed services, visit SCADAfence's website.
About SCADAfence:
SCADAfence is the global technology leader in OT & IoT cybersecurity. SCADAfence offers a full suite of industrial cybersecurity products that provides full coverage of large-scale networks, offering best-in-class network monitoring, asset discovery, governance, remote access, and IoT device security. A Gartner 'Cool Vendor' in 2020, SCADAfence delivers proactive security and visibility to some of the world's most complex OT networks, including the largest manufacturing facility in Europe. SCADAfence enables organizations in critical infrastructure, manufacturing, and building management industries to operate securely, reliably, and efficiently. To learn more, visit our website, check out our blog, or follow us on LinkedIn.
Contact:
Joan Weiner-Levin
joan.levin@scadafence.com
View original content:
SOURCE SCADAfence | https://www.kxii.com/prnewswire/2022/07/14/scadafence-releases-results-global-survey-it-ot-cyber-security-professionals/ | 2022-07-14T13:30:17Z |
Police: Tennessee shooting leads to 3 dead, 14 injured
CHATTANOOGA, Tenn. (AP) — A shooting near a Tennessee nightclub early Sunday led to three deaths and 14 people suffering gunshot wounds and other injuries, police said.
Fourteen people were hit by gunfire and three were hit by vehicles while trying to flee the scene, Chattanooga Police Chief Celeste Murphy said during a press conference. Two people died from gunshot wounds and one person died after being hit by a vehicle, Murphy said. Sixteen of the victims were adults and one was a juvenile and several remained in critical condition, she said.
Officers responded to a report of a shooting at 2:42 a.m. on McCallie Avenue near a nightclub and found multiple victims upon arrival. She said officers immediately began rendering aid and securing the scene.
There were multiple shooters and Murphy asked anyone in the community with information about the shooting to come forward. She said police believe it was an isolated incident and authorities don’t believe there’s an ongoing public safety threat.
Murphy said it would be a complex investigation going forward.
“We’re trying to determine exactly what happened and what led up to this taking place,” she said.
The shooting comes the weekend after six juveniles were wounded during an exchange of gunfire in a downtown Chattanooga business district.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/05/police-tennessee-shooting-leads-3-dead-14-injured/ | 2022-06-05T17:02:31Z |
- Complements existing BorgWarner European charging footprint to accelerate organic growth and adds North American regional presence to charging business
- Supports expansion in vehicle-to-grid (V2G) DC Fast Charging and enabling software market
- Leverages BorgWarner's strength and capabilities across quality, engineering, supply chain, manufacturing, and sales
AUBURN HILLS, Mich., Aug. 3, 2022 /PRNewswire/ - BorgWarner Inc. (NYSE: BWA) today announced that it has acquired Rhombus Energy Solutions.
Headquartered in San Diego, California, Rhombus offers V2G and Underwriters Laboratory-certified charging. Rhombus supplies its patented technology to EV OEMs, including Proterra, and charging and grid service providers.
The transaction has an enterprise value of up to $185 million, which is being funded primarily with cash balances. Approximately $130 million was delivered at closing and up to $55 million could be paid in the form of contingent payments over the next 3 years.
"The technology that Rhombus brings expands BorgWarner's electric vehicle portfolio in North America and complements our existing European charging business. This transaction supports our Charging Forward strategy and strengthens our electric vehicle positioning as we look to power the entire propulsion system from grid to wheels," said Frédéric Lissalde, President and CEO of BorgWarner. "As a supplier to the automotive and commercial vehicle markets, we are not only delivering innovative technology for electric drivetrains, but we are also focused on supporting certain key elements of the infrastructure for electric mobility, including charging."
About BorgWarner
For more than 130 years, BorgWarner has been a transformative global product leader bringing successful mobility innovation to market. Today, we're accelerating the world's transition to eMobility — to help build a cleaner, healthier, safer future for all.
Forward-Looking Statements:
This press release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," "outlook," "plans," "potential," "predicts," "project," "pursue," "seek," "should," "target," "when," "will," "would," and variations of such words and similar expressions are intended to identify such forward-looking statements. Further, all statements, other than statements of historical fact contained or incorporated by reference in this press release that we expect or anticipate will or may occur in the future regarding our financial position, business strategy and measures to implement that strategy, including changes to operations, competitive strengths, goals, expansion and growth of our business and operations, plans, references to future success and other such matters, are forward-looking statements. All forward-looking statements are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. Forward-looking statements are not guarantees of performance, and the Company's actual results may differ materially from those expressed, projected or implied in or by the forward-looking statements.
You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. These risks and uncertainties, among others, include: supply disruptions impacting us or our customers, such as the current shortage of semiconductor chips that has impacted original equipment manufacturer ("OEM") customers and their suppliers, including us; commodities availability and pricing; competitive challenges from existing and new competitors including OEM customers; the challenges associated with rapidly-changing technologies, particularly as relates to electric vehicles, and our ability to innovate in response; uncertainties regarding the extent and duration of impacts of matters associated with the COVID-19 pandemic, including additional production disruptions; the difficulty in forecasting demand for electric vehicles and our electric vehicles revenue growth; potential disruptions in the global economy caused by Russia's invasion of Ukraine; failure to realize the expected benefits of this or other acquisitions on a timely basis; the failure to promptly and effectively integrate this or other acquired businesses; the ability to identify targets and consummate acquisitions on acceptable terms; the potential for unknown or inestimable liabilities relating to the acquired businesses; the uncertainty of the global economic environment and potential for recessionary conditions in regional economies; and the other risks noted in reports that we file with the Securities and Exchange Commission, including Item 1A, "Risk Factors" in our most recently-filed Form 10-K and/or Quarterly Report on Form 10-Q. We do not undertake any obligation to update or announce publicly any updates to or revisions to any of the forward-looking statements in this press release to reflect any change in our expectations or any change in events, conditions, circumstances, or assumptions underlying the statements.
View original content to download multimedia:
SOURCE BorgWarner | https://www.mysuncoast.com/prnewswire/2022/08/03/borgwarner-acquires-rhombus-energy-solutions/ | 2022-08-03T11:36:20Z |
Which 6 most popular Korean makeup brands at Sephora are best?
Korean beauty first made a splash in the U.S. several years ago. Back then, it was difficult to find Korean brands in American stores; if you couldn’t find a specialty Asian beauty store you had to resort to ordering online from sometimes-unreliable sources. Today, however, Korean beauty has come into the American mainstream, and K-beauty products can be found at most places that sell makeup, from stores such as Sephora to your local drugstore. With an emphasis on skin health, natural-looking beauty and scientific skin care, Korean beauty has a permanent home in Western beauty culture.
Dr. Jart+
Dr. Jart+ products are some of Sephora’s most beloved Korean beauty products. Founded in 2005 by dermatologist Dr. Sung Jae Jung, Dr. Jart+ products are known for their unique, colorful packaging and extremely high-quality formulations. Dr. Jart+ was one of the first brands to develop and sell BB cream in the United States.
This moisturizer contains five ceramides and hyaluronic acid to help build and maintain the skin’s moisture barrier for soft, hydrated skin. This is a heavy-duty moisturizer that pairs well with more intense anti-aging treatments like retinols.
This is a cult-favorite all-in-one beauty balm with medium coverage and SPF 40 for excellent sun protection. It doesn’t come in many shades, especially darker shades, but reviewers loved how it settled into the skin for a natural, glowy finish.
Laneige
Laneige is a brand focused on hydration and moisturizing, with a core belief that dry skin is at the root of most skin conditions. It’s known for its masks and moisturizers, particularly its overnight lip and face masks.
This sleeping mask is like a super-heavy lip balm. Meant to be applied to the lips before going to bed, its thick and sticky formula means it stays on all night without any trouble. Users found it provided much-needed moisture to their chronically dry lips.
Another popular product, this Lip Glowy Balm is a hydrating, high-shine balm with several sheer colors from which to choose. It adds a subtle tint to lips while protecting and hydrating them. This is the perfect finish to a natural no-makeup makeup look.
Belif
Belif is predominantly a skin care brand, inspired by 19th-century apothecaries and their herbal medicines, mixed with modern scientific Korean beauty theory. Belif products make ample use of European herbs for a unique combination of modern and historic skin care.
Belif’s best-selling product is this combination cream gel moisturizer. It’s lightweight and hydrating at the same time, and gentle on sensitive skin. It contains lady’s mantle for its skin-healing properties, as well as ceramide 3 and glycerin to help retain the skin’s moisture. Users swear by this as a “holy grail” moisturizer.
This moisturizing and nourishing makeup remover is applied to the skin as a balm, where it liquifies and removes makeup, coming off as an oil. It’s less harsh than many other makeup-remover options, making it a great choice for those who wear a full face of makeup but still want to heal the skin. It leaves only a slight moisturizing residue behind, eliminating the need for a second cleanser after use for most.
Amore Pacific
Amore Pacific claims to have been the first company to incorporate green tea, with its powerful antioxidants, into skin care products. Today, it’s known for its healthy, powerful products that work on all skin types.
This cushion foundation provides soft, light coverage for all skin types. It’s only available in lighter shades, but for those with pale skin looking for high-quality, smooth and sheer coverage, it is a fantastic choice. It has SPF 50+, so it provides much more sun protection than most foundations or concealers.
Treatment Enzyme Peel Cleansing Powder
An exfoliating cleanser with a unique powder-to-foam formula, this cleanser uses green tea derived enzymes for a non-abrasive exfoliant effect. It’s sulfate-free and mineral oil-free. It’s gentle enough to be used daily or on sensitive skin, and contains hyaluronic acid for added hydration. Reviewers have found it balances and heals their skin while minimizing pores and unevenness.
Saturday Skin
Many Saturday Skin products use peptides for anti-aging skin care — specifically, its in-house blend of peptides, Cha-7 es Complex. Peptides can have powerful effects on the skin and, unlike some other anti-aging ingredients, are easy to add to a skin care routine with fewer side effects. With stand-out, cute packaging, Saturday Skin has quickly become a favorite.
This peeling gel includes natural enzymes from pineapple and papaya for a highly effective but gentle way to refinish dull, uneven skin. Reviewers loved the fruity scent and the way it left the skin very clean without being tight or painful.
This toner contains 10% glycolic acid and witch hazel for a toner that actually gives results. In addition to balancing the skin’s pH, this toner reduces pore size and sebum production with regular use. It’s a great product for those looking for a toner that will help with smoother skin.
Glow Recipe
Glow Recipe, specializing in fruit-based skin care, was originally pitched on the TV show “Shark Tank.” It quickly became a Sephora best seller, with high-quality formulas, beautiful packaging and a corporate ethos that includes clean, cruelty-free products.
Watermelon Pink Juice Oil-Free Moisturizer
One of Glow Recipe’s original best sellers, this oil-free moisturizer uses watermelon extract and plenty of antioxidants for a lightweight gel moisturizer that’s great for daily use for those with oily skin. It absorbs instantly into skin without leaving a film, so it’s great for use under makeup and sunscreen.
Plum Plump Hyaluronic Acid Serum
This serum contains three types of plum — kakadu, illawarra and burdekin — for maximum antioxidants and hyaluronic acid. Its powerful ingredients will leave skin noticeably hydrated and plumper after use.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Arabella Matthews 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/br/beauty-personal-care-br/luxury-beauty-br/6-most-popular-korean-makeup-brands-at-sephora/ | 2022-05-26T02:00:06Z |
Woman arrested after racist rant, assault in restaurant lot
PLANO, Texas (AP) — A woman was arrested and faces a possible hate crime charge after she was captured on video in a racist rant and assault on women of South Asian descent in a suburban Dallas parking lot, in another disturbing example of anti-Asian violence seen across the U.S.
Plano police said in a statement Thursday that Esmeralda Upton, 58, of Plano, was arrested and charged with misdemeanor assault and terroristic threat charges. She was jailed with bond set at $10,000.
Rani Banerjee told Dallas TV station WFAA that she and three friends had just finished eating dinner at a restaurant when Upton approached them in the parking lot.
“Suddenly, we heard this woman yelling at us and started coming toward us. We were shocked by the racial slurs that she used and combative attitude,” Banerjee said.
The Council on American-Islamic Relations condemned the attack.
“The level of vitriol and alleged physical assault against four Indian-American women in Plano is truly appalling,” Faizan Syed, executive director of CAIR-DFW, told the TV station. “This type of hate has no place in North Texas, and we call on law enforcement to investigate this incident as a hate crime.”
The police statement said the incident was being investigated as a hate crime. Jail officials had no attorney listed for Upton.
The confrontation happened shortly after 8 p.m. Wednesday. A widely circulated video showed Upton unleashing a profanity-laced rant on them, challenging their presence in the United States, threatening to shoot them and physically assaulting Banerjee, who was recording the confrontation on her phone.
Anti-Asian violence has risen sharply in recent years. Last year, six women of Asian descent were among the eight killed in a shooting at massage businesses in and near Atlanta, heightening anger and fear among Asian Americans.
Earlier this month, a man accused of shooting three Asian American women at a salon in Dallas’ Koreatown was indicted on hate crime and other charges. And a West Texas man was sentenced to 25 years in prison earlier in August for attacking an Asian family outside a Midland department store in 2020 because he thought they were Chinese and therefore responsible for the COVID-19 pandemic.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/27/woman-arrested-after-racist-rant-assault-restaurant-lot/ | 2022-08-27T13:40:45Z |
Dear Heloise: It’s been ages since I last made your Vinaigrette Pasta Salad, and frankly, I have a craving for it right now. But I can’t find the recipe. Since we’re hosting a Fourth of July party, I’d like to make this for family and friends. Would you reprint the recipe?
— Ivy W., Seabrook, N.H.
Ivy, this is one of my summertime favorites. It’s easy to make and tastes wonderful! You’ll need:
1/2 cup distilled white vinegar
1/2 cup olive oil
1/4 teaspoon lemon pepper
1 teaspoon fresh dill or 1/2 teaspoon dried dill
Combine all ingredients in a small bowl or jar, mixing vigorously. Makes 1 cup. Set aside to use shortly.
1 pound fettuccini, cooked, drained and cooled
6 ounces sliced salami, cut into 1/4-inch strips
6 ounces cooked ham, cut into 1/4-inch strips
6 ounces thinly sliced fresh spinach, romaine or escarole
1/3 cup grated Parmesan cheese
Combine all ingredients except the vinaigrette in a large bowl. Pour vinaigrette over pasta; toss until well coated.
— Heloise | https://www.tdtnews.com/life/advice_columns/article_81d3ede0-f6e7-11ec-a68a-83b14aac83fe.html | 2022-06-29T10:22:06Z |
YOKOHAMA, Japan, Aug. 15, 2022 /PRNewswire/ --
- With Computational and Applied Mathematics Expert on Board, UNIPLAT Will Continue to Strengthen Its Innovation to Support Researchers and Entrepreneurs Worldwide -
Unify Platform AG has announced that Dr. Maarten de Hoop, the Simons Chair in Computational and Applied Mathematics and Earth Science at Rice University, USA, officially joined the advisory board of UNIPLAT, the world's first (*) online platform specialized for researchers and entrepreneurs focusing on SDGs-related fields, as one of the senior advisors on August 15, 2022.
(*) Based on Google search results.
Logo:
https://kyodonewsprwire.jp/prwfile/release/M106816/202208084900/_prw_PI2fl_m2WxNyU6.jpg
Photo: Dr. Maarten de Hoop
https://kyodonewsprwire.jp/prwfile/release/M106816/202208084900/_prw_PI1fl_QY9C3aq5.jpg
Born in the Netherlands, Dr. de Hoop has worked in the USA since 1995. From 1992 to 1995, he was a Program Leader and Senior Research Scientist at Schlumberger Cambridge Research Center. He joined the Colorado School of Mines in 1995 where he was the Co-Leader of the Center for Wave Phenomena. In 2005, he moved to Purdue University as a Professor of Mathematics and of Earth, Atmospheric and Planetary Sciences, and became the Director of the Center for Computational and Applied Mathematics. He joined Rice University in 2015 and is currently the Simons Chair in Computational and Applied Mathematics and Earth Science.
UNIPLAT is delighted to welcome such a legend as a senior advisor and is excited to gain lots of sense of wonders from his insights and discoveries for the platform's development and innovation from now on.
"UNIPLAT is a transparent platform designed to facilitate researchers and entrepreneurs around the world to get exposure and connect with one another to accelerate research and its potential impact on industry and society," said Dr. Maarten de Hoop, responding to his new role as a senior advisor of UNIPLAT.
"For academic institutions, UNIPLAT provides a unique opportunity to simplify and expand enabling translation of discoveries into technology, startup creation, and commercialization on the one hand and funding research in laboratories with specific longer-term innovation goals on the other hand. The platform allows faculty, postdocs, and graduate students to directly interact with entrepreneurs, through presentations, proposals, and workshops, avoiding administrative overhead.
"I view of my role as senior advisor to generate ideas for developing programs for entrepreneurs supporting academic research, technology transfer, and for early-stage ventures specifically in machine learning, energy, and space science."
"It is a great honor to invite Professor Maarten de Hoop, a world-famous scientist, as an advisor to UNIPLAT. He researches and develops the prediction technologies for atmosphere, volcanoes, and earthquakes on Earth and many planets by edging deep learning. This is about a truly SF world. I am confident that the presence of Professor de Hoop, a prominent international space mathematics scientist, will give UNIPLAT members dreams and hopes," said Takahisa Karita, the co-founder, CFO, and COO of Unify Platform AG, the management company of UNIPLAT.
To read more about Dr. de Hoop's exceptional bio, please visit UNIPLAT advisory board page: https://www.uniplat.social/advisory-board#MaartenDeHoop
About UNIPLAT
UNIPLAT is the world's first (*) online platform specialized for researchers and entrepreneurs from all over the world to share their ideas and research projects, and gain support from individuals or institutions. Developed and managed by Unify Platform AG ( https://unify21.com/ ) which is based in Switzerland, UNIPLAT's mission is to accelerate the success of the SDGs.
(*) Based on Google search results.
UNIPLAT front page: https://www.uniplat.social/
View original content:
SOURCE Unify Platform AG | https://www.mysuncoast.com/prnewswire/2022/08/15/uniplat-welcoming-new-member-advisory-board-dr-maarten-de-hoop/ | 2022-08-15T06:39:55Z |
DALLAS (KDAF) — If you are looking to retire soon, there are plenty of great options to do so in Texas.
According to GOBankingRates.com, “The average monthly Social Security benefit is just about $1,620 — double that for a couple.”
The website did a study looking at 15 places in Texas, where you can live off social security alone. Here is their list:
- Longview
- Average Rent: $888
- College Station
- Average Rent: $843
- San Angelo
- Average Rent: $871
- Abilene
- Average Rent: $838
- El Paso
- Average Rent: $901
- Midland
- Average Rent: $717
- San Antonio
- Average Rent: $1,029
- Victoria
- Average Rent: $865
- Lubbock
- Average Rent: $758
- Killeen
- Average Rent: $747
- Odessa
- Average Rent: $526
- Tyler
- Average Rent: $1,063
- Corpus Christi
- Average Rent: $975
- Sherman
- Average Rent: $902
- Austin
- Average Rent: $1,440
For the full report, visit GOBankingRates.com. | https://cw33.com/news/local/here-are-the-15-best-places-for-a-couple-to-live-only-on-social-security-in-texas/ | 2022-07-08T19:44:12Z |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.