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ALBANY – The city of Albany has been designated as an Accredited Main Street America program for meeting rigorous performance standards.
Albany first became accredited in 2019 as an affiliate Main Street America member. However, in 2020, city staff completed requirements to move up a tier to a Classic Georgia Main Street, which has now been renewed for 2021. All Classic Main Street Programs are designated annually by the state of Georgia and nationally accredited by the National Main Street Center.
As part of the annual accreditation process, all Classic Main Street communities are required to meet the 10 standards for accreditation. These standards place an emphasis on historic preservation education as well as economic development, lending itself to an active and vibrant downtown.
Each year, Main Street America and its partners announce the list of accredited programs to recognize those programs' commitment to preservation-based economic development and community revitalization through the Main Street Approach.
The city of Albany’s performance is annually evaluated by the Georgia Department of Community Affairs -- Office of Downtown Development & Georgia Main Streets, which works in partnership with Main Street America to identify the local programs that meet rigorous national performance standards. Evaluation criteria determines the communities that are building meaningful and sustainable revitalization programs and include standards such as fostering strong public-private partnerships, supporting small and locally owned businesses, and actively preserving historic places, spaces and cultural assets.
On top of the Main Street Accreditation, Albany's downtown manager, Lequrica Gaskins, also earned the Main Street America Revitalization Professional credential, which is the highest credential currently available through the Main Street America Institute.
“Your accomplishment marks an important milestone in your professional development journey and reflects your commitment to taking your leadership and commercial district management skills to the next level," National Main Street Center President/CEO Patrice Frey said in an email to Gaskins. "The courses you completed over the past two years illustrate your mastery of leadership development, community transformation, and your ability to apply that knowledge directly to your work."
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accounts, the history behind an article. | https://www.albanyherald.com/features/city-of-albany-receives-main-street-america-accreditation/article_e010f84c-f4a0-11ec-96bf-ffc0dfb8bdba.html | 2022-06-25T17:43:50Z |
CLARK, N.J., April 12, 2022 /PRNewswire/ -- GEP®, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises worldwide, announced that the global energy company Puma Energy selected, implemented and is using GEP SOFTWARE™, the industry's leading procurement and supply chain platform.
The rollout of the new platform is part of Puma Energy's ongoing drive to improve its efficiency and performance across its business through the use of cutting-edge technologies.
Puma Energy safely provides energy in approximately 40 countries across six continents, encompassing the supply, storage, refining, distribution and retail of a range of fuels, aviation, lubricants and bitumen.
Headquartered in Singapore, the privately held company operates 1,998 retail sites, facilities in 107 airports, and a network of storage terminals. Puma Energy has successfully gone live on GEP SMART's sourcing solution to identify, evaluate and qualify new suppliers, achieve best-value agreements, and operate a resilient global supply chain.
GEP SOFTWARE encompasses GEP SMART™, recently named the world's best procurement software for the second year in a row, and GEP NEXXE™, the next-generation cloud-native supply chain unified platform. It enables Fortune 500 and Global 2000 clients to drive optimum efficiency, agility, visibility and actionable intelligence into all procurement, purchasing and supply chain functions while eliminating burdensome infrastructure and support costs to achieve maximum ROI.
About GEP SOFTWARE
GEP SOFTWARE™ provides award-winning digital procurement and supply chain platforms that help global enterprises become more agile, resilient, competitive and profitable. With beautifully rendered interfaces and flexible workflows, GEP® provides users fresh, intuitive digital workspaces that yield extraordinary levels of user adoption and meaningful gains in team and personal productivity. GEP products capitalize on machine learning and cognitive computing, advanced data and semantic technologies, IoT, mobile and cloud technologies, and are designed to incorporate continual innovations in technology. GEP's software integrates quickly and easily with third-party and legacy systems, such as SAP, Oracle and all other major ERP and F&A software. And with superb support and service, GEP is an industry leader in customer satisfaction and loyalty. A leader in multiple Gartner Magic Quadrants, GEP's cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, Procurement Leaders and Spend Matters. GEP SOFTWARE is part of Clark, NJ-based GEP — the world's leading provider of procurement and supply chain strategy, software and managed services. To learn more, visit www.gepsoftware.com.
Media Contact
Derek Creevey
Director, Public Relations
GEP
Phone: +1 732-382-6565
Email: derek.creevey@gep.com
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SOURCE GEP | https://www.kxii.com/prnewswire/2022/04/12/leading-global-energy-company-puma-energy-goes-live-with-geps-procurement-amp-supply-chain-software-transforming-sourcing-drive-value-resilience/ | 2022-04-12T16:44:22Z |
SSP Kicked Off 2022 With Significant Revenue Growth – Q1 2021 vs Q1 2022 Marks 540% Upswing – Driven by Diverse Marketplace Approach & Opportunity for Marketers to Invest in Under-Represented Communities
HOUSTON, July 20, 2022 /PRNewswire/ -- Direct Digital Holdings (Nasdaq: DRCT) announced today that its supply-side advertising platform, Colossus SSP, had a strong first quarter, with comparisons between Q1 2021 to Q1 2022 showing a 540 percent surge in revenue. This uptick comes on the heels of year-over-year revenue growing by 330 percent between 2020 and 2021, as well as a triple digit increase the previous year, with the platform's revenue rising by 235 percent between 2019 and 2020. Leadership credits the dramatic growth to the company's commitment to normalize diversity in the field of programmatic advertising – delivering multicultural and general market audiences at scale. In addition, it points to several brands living up to their promises to support under-represented communities in their media buys.
"Colossus SSP's approach has always been one of inclusivity, bringing together a diverse set of audiences – Black, Hispanic, Asian, LGBTQ, and more – alongside general market, to serve as a one-stop-shop for advertisers who want to reach a cross-section of consumers," said Lashawnda Goffin, CEO, Colossus SSP. "Not only has this allowed savvy marketers the opportunity to reach a vibrant range of consumers, but it has helped them increase investment in minority-owned media properties that have often been left out of the programmatic mix. Moreover, by putting their budgets to work to support multicultural voices, these brands are seeing remarkable results in meeting critical KPIs."
The number of brands and media agencies tapping into Colossus SSP's inclusive audience approach rose by 87 percent comparing Q1 2021 to Q1 2022, with clients such as Bayer, HP, and the NBA coming on board.
"At Bayer, we believe everyone should have the opportunity to live the healthiest life possible, and that we have a responsibility to make our vision of Health for All, Hunger for None a reality," said Gary Guarnaccia, Head of Platform & Publisher Investment, Bayer Consumer Health, North America. "Partnering with Colossus SSP and their growing marketplace of diverse content and minority-owned publishers has enabled our in-house digital media buying team to expand our reach to consumers with important information about our healthcare products and brands, such as Aleve, Midol and One-A-Day."
In lockstep with demand, in Q1 2022 Colossus SSP significantly expanded its publisher inventory supply. Currently Colossus SSP makes over approximately 90 billion impressions available each month with a diverse audience marketplace that includes over 13,000 sites and apps.
Blavity Inc, a market leader for Black media, reaching over 100 million millennials per month, began working with Colossus SSP in January 2020 and over the course of the following two years saw a 7-fold increase in revenues derived from the partnership.
"Colossus SSP has proven to be a valuable partner, one that has a deep understanding of publishers – especially multicultural publishers – as well as the media and marketing landscape at large," said Orchid Richardson, Senior Vice President of Digital, Blavity Inc. "After two years of exponential growth, we are on track to see revenues from our relationship with Colossus SSP rise at a steady clip – if not outpace."
"Colossus SSP's rapid growth is a testament to its distinct approach to diversity, technology and the dynamic team that Lashawnda Goffin has been able to build," said Mark Walker, CEO, Direct Digital Holdings. "Marketers are experiencing the benefits through multiple ROI metrics and subsequently publisher partners are experiencing significant growth in revenues. It's a win-win situation."
About Direct Digital Holdings
Direct Digital Holdings (Nasdaq: DRCT) brings state-of-the-art sell- and buy-side advertising platforms together under one umbrella company. The holding group's Sell-side platform Colossus SSP offers advertisers of all sizes extensive reach within general market and multicultural media properties. Its operating companies Huddled Masses and Orange142 deliver significant ROI for middle market advertisers by providing data-optimized programmatic solutions at scale for businesses in sectors that range from energy to healthcare and travel to financial services. Direct Digital Holdings' sell- and buy-side solutions manage approximately 70,000 clients monthly, generating over 90 billion impressions per month across display, CTV, in-app, and other media channels. The company has been named a top minority-owned business by The Houston Business Journal ("HBJ").
About Colossus SSP
Part of Direct Digital Holdings (Nasdaq: DRCT), Colossus SSP is a leading custom supply-side platform (SSP) that delivers a diverse marketplace, enabling programmatic media buyers to connect with multicultural and general market audiences at scale. Colossus SSP's consulting arm provides brands of all sizes with meaningful insights and actionable guidance for reaching curated audiences. For more information, visit www.colossusmediassp.com.
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SOURCE Direct Digital Holdings | https://www.mysuncoast.com/prnewswire/2022/07/20/growth-direct-digital-holdings-colossus-ssp-reflects-strong-results-generated-multicultural-amp-general-market-publishers-leading-brands/ | 2022-07-20T13:53:52Z |
Price of stamps to increase starting in July
Published: Apr. 8, 2022 at 11:38 AM CDT|Updated: 1 hour ago
(Gray News) - The cost of stamps will be increasing in July.
According to the U.S. Postal Service, a first-class mail Forever stamp will cost 60 cents, a 2-cent increase from its current price of 58 cents.
Other mailing services will also cost more, including:
- Letters (metered 1 ounce) will cost 57 cents, up from 53 cents.
- Letters additional ounce(s) will cost 24 cents, up from 20 cents.
- Domestic postcards will cost 44 cents, up from 40 cents.
- International letters will cost $1.40, up from $1.30.
The proposed increases are scheduled to take effect July 10. The Postal Regulatory Commission will review and approve the prices before they take effect.
The U.S. Postal Service says the increased prices are a result of inflation and increased operating expenses.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/08/price-stamps-increase-starting-july/ | 2022-04-08T17:57:10Z |
- Phase 1/2 clinical trial of COVID-19-Influenza combination vaccine candidate indicates vaccine is well-tolerated and immunogenic
- Data from this combination trial will inform planned Phase 2 dose confirmation trial, scheduled to begin by the end of 2022
- Immune response confirmed in stand-alone influenza vaccine and combination vaccine with potential path forward for both
GAITHERSBURG, Md., April 20, 2022 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, today announced initial results from the Phase 1/2 clinical trial of its COVID-Influenza Combination Vaccine (CIC). The CIC combines Novavax' COVID-19 vaccine, NVX-CoV2373, and its quadrivalent influenza vaccine candidate. The CIC trial demonstrated that formulating the combination vaccine is feasible, well-tolerated and immunogenic.
"We continue to evaluate the dynamic public health landscape and believe there may be a need for recurrent boosters to fight both COVID-19 and seasonal influenza," said Gregory M. Glenn, M.D., President of Research and Development, Novavax. "We're encouraged by these data and the potential path forward for a combination COVID-19-influenza vaccine as well as stand-alone vaccines for influenza and COVID-19."
The safety and tolerability profile of the combination vaccine was consistent with the stand-alone NVX-CoV2373 and quadrivalent nanoparticle influenza vaccine reference formulations in the trial. The combination vaccine was found to be generally well tolerated. Serious adverse were rare and none were assessed as being related to the vaccine.
The study employed descriptive endpoints, assessing safety and the immunological responses of different CIC vaccine formulations. A Design of Experiments (DOE) modeling-based approach was used to design the trial, enabling more powerful fine-tuning of dose selection of both the COVID-19 and influenza antigens for further development compared to traditional approaches. The preliminary trial results found that various CIC vaccine formulations induced immune responses in participants comparable to reference stand-alone influenza and stand-alone COVID-19 vaccine formulations (for H1N1, H3N2, B-Victoria HA and SARS-CoV-2 rS antigens). Modeling results also showed that a combined formulation has the potential to reduce total antigen amount by up to 50% overall, optimizing production and delivery.
Both protein-based vaccines used in the trial were formulated with the patented saponin-based Matrix-M™ adjuvant to enhance the immune response and stimulate high levels of neutralizing antibodies. These data support advancement to a Phase 2 confirmation trial, expected to begin by the end of 2022.
Data from the trial were presented at the World Vaccine Congress (WVC) in Washington, DC.
At the WVC, Novavax also reviewed key findings from the Phase 3 trial of its stand-alone influenza candidate, previously referred to as NanoFlu, which met its primary immunogenicity endpoint. These results have previously been published in The Lancet.
Neither NVX-CoV2373 or the influenza vaccine candidate have been authorized or approved for use in the U.S. by the U.S. Food and Drug Administration.
- NVX-CoV2373 is contraindicated in persons who have a hypersensitivity to the active substance, or to any of the excipients.
- Events of anaphylaxis have been reported with administration of COVID-19 vaccines. Appropriate medical treatment and supervision should be available in case of an anaphylactic reaction following the administration of the vaccine. Close observation for at least 15 minutes is recommended and a second dose of the vaccine should not be given to those who have experienced anaphylaxis to the first dose of NVX-CoV2373.
- Anxiety-related reactions, including vasovagal reactions (syncope), hyperventilation, or stress‐related reactions may occur in association with vaccination as a psychogenic response to the needle injection. It is important that precautions are in place to avoid injury from fainting.
- Vaccination should be postponed in individuals suffering from an acute severe febrile illness or acute infection. The presence of a minor infection and/or low-grade fever should not delay vaccination.
- NVX-CoV2373 should be given with caution in individuals receiving anticoagulant therapy or those with thrombocytopenia or any coagulation disorder (such as haemophilia) because bleeding or bruising may occur following an intramuscular administration in these individuals.
- The efficacy of NVX-CoV2373 may be lower in immunosuppressed individuals.
- Administration of NVX-CoV2373 in pregnancy should only be considered when the potential benefits outweigh any potential risks for the mother and foetus.
- The effects with NVX-CoV2373 may temporarily affect the ability to drive or use machines.
- Individuals may not be fully protected until 7 days after their second dose. As with all vaccines, vaccination with NVX-CoV2373 may not protect all vaccine recipients.
- The most common adverse reactions observed during clinical studies were headache, nausea or vomiting, myalgia, arthralgia, injection site tenderness/pain, fatigue, and malaise.
For additional safety information, including the full Summary of Product Characteristics with Package Leaflet, please visit www.NovavaxCovidVaccine.com.
The Phase 1/2 CIC vaccine trial is evaluating a combination of Novavax' recombinant protein-based NVX-CoV2373 and influenza vaccine candidates and patented saponin-based Matrix-M adjuvant in a single formulation. The trial will evaluate the safety, tolerability and immune response to the combination vaccine in 642 healthy adults 50 to 70 years of age. Participants will have been either previously infected with the SARS-CoV-2 virus that causes COVID-19 or vaccinated through an authorized vaccine at least eight weeks prior to enrollment. All participants will be randomly assigned to cohorts to evaluate multiple formulations and will be dosed on Day 0 and again at Day 56. The trial is being conducted in Australia at 10 sites. (ClinicalTrials.gov Identifier: NCT04961541)
NVX-CoV2373 is a protein-based vaccine engineered from the genetic sequence of the first strain of SARS-CoV-2, the virus that causes COVID-19 disease. NVX-CoV2373 was created using Novavax' recombinant nanoparticle technology to generate antigen derived from the coronavirus spike (S) protein and is formulated with Novavax' patented saponin-based Matrix-M adjuvant to enhance the immune response and stimulate high levels of neutralizing antibodies. NVX-CoV2373 contains purified protein antigen and can neither replicate, nor can it cause COVID-19.
Novavax' COVID-19 vaccine is packaged as a ready-to-use liquid formulation in a vial containing ten doses. The vaccination regimen calls for two 0.5 ml doses (5 mcg antigen and 50 mcg Matrix-M adjuvant) given intramuscularly 21 days apart. The vaccine is stored at 2°- 8° Celsius, enabling the use of existing vaccine supply and cold chain channels. Use of the vaccine should be in accordance with official recommendations.
Novavax has established partnerships for the manufacture, commercialization and distribution of NVX-CoV2373 worldwide. Existing authorizations leverage Novavax' manufacturing partnership with Serum Institute of India, the world's largest vaccine manufacturer by volume. They will later be supplemented with data from additional manufacturing sites throughout Novavax' global supply chain.
Novavax' patented saponin-based Matrix-M adjuvant has demonstrated a potent and well-tolerated effect by stimulating the entry of antigen-presenting cells into the injection site and enhancing antigen presentation in local lymph nodes, boosting immune response.
Novavax' influenza vaccine, previously known as NanoFlu, is a quadrivalent recombinant hemagglutinin (HA) protein nanoparticle influenza vaccine produced by Novavax in its SF9 insect cell baculovirus system. The influenza vaccine uses HA amino acid protein sequences that are the same as the recommended wild-type circulating virus HA sequences, and contains Novavax' patented saponin-based Matrix-M adjuvant. This investigational candidate was evaluated during a controlled phase 3 trial conducted during the 2019-2020 influenza season.
Novavax, Inc. (Nasdaq: NVAX) is a biotechnology company that promotes improved health globally through the discovery, development and commercialization of innovative vaccines to prevent serious infectious diseases. The company's proprietary recombinant technology platform harnesses the power and speed of genetic engineering to efficiently produce highly immunogenic nanoparticles designed to address urgent global health needs. NVX-CoV2373, the company's COVID-19 vaccine, has received conditional authorization from multiple regulatory authorities globally, including the European Commission and the World Health Organization. The vaccine is also under review by multiple regulatory agencies worldwide.
For more information, visit www.novavax.com and connect with us on LinkedIn.
Statements herein relating to the future of Novavax, its operating plans and prospects, its partnerships, the timing of clinical trial results, including the Phase 2 confirmation trial expected to begin by the end of 2022, the ongoing development of NVX-CoV2373, NanoFlu, its COVID-seasonal influenza investigational vaccine candidate, and its COVID-Influenza Combination Vaccine, the scope, timing and outcome of future regulatory filings and actions, including Novavax' plans to supplement existing authorizations with data from the additional manufacturing sites in Novavax' global supply chain, additional worldwide authorizations of NVX-CoV2373, the potential impact and reach of Novavax and its COVID-19 Influenza Combination Vaccine in protecting populations, and the efficacy, safety and intended utilization of the COVID-19 Influenza Combination Vaccine, NanoFlu, and NVX-CoV2373 are forward-looking statements. Novavax cautions that these forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, without limitation, challenges satisfying, alone or together with partners, various safety, efficacy, and product characterization requirements, including those related to process qualification and assay validation, necessary to satisfy applicable regulatory authorities; difficulty obtaining scarce raw materials and supplies; resource constraints, including human capital and manufacturing capacity, on the ability of Novavax to pursue planned regulatory pathways; challenges meeting contractual requirements under agreements with multiple commercial, governmental, and other entities; and those other risk factors identified in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Novavax' Annual Report on Form 10-K for the year ended December 31, 2021, as filed with the Securities and Exchange Commission (SEC). We caution investors not to place considerable reliance on forward-looking statements contained in this press release. You are encouraged to read our filings with the SEC, available at www.sec.gov and www.novavax.com, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and we undertake no obligation to update or revise any of the statements. Our business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Contacts:
Investors
Erika Schultz | 240-268-2022
ir@novavax.com
Media
Ali Chartan | 240-720-7804
Laura Keenan Lindsey | 202-709-7521
media@novavax.com
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SOURCE Novavax, Inc. | https://www.wibw.com/prnewswire/2022/04/20/initial-results-novavax-covid-19-influenza-vaccine-trial-are-first-show-feasibility-combination-vaccine/ | 2022-04-20T18:18:09Z |
PARIS (AP) — The new speaker of France’s lower house of parliament — the first woman to hold the post — vigorously defended the right to abortion Tuesday and called on the chamber to be “vigilant” about protecting it from reversal.
The National Assembly elected Yael Braun-Pivet as speaker on Tuesday, in its first session since President Emmanuel Macron’s party lost his majority in elections this month that handed new power to far-right and far-left camps.
Braun-Pivet is a member of Macron’s centrist alliance Ensemble (Together), which still has the most seats in the Assembly but no longer enough to comfortably adopt laws. The assembly is France’s most powerful house of parliament.
The divided chamber is preparing to tackle proposals on fighting inflation and enshrining abortion rights in the French Constitution, in response to the U.S. Supreme Court decision last week to strip women’s constitutional protections for abortion. Abortion in France was legalized in 1975 and has broad political support.
“The brutal decision handed down last Friday by the U.S. Supreme Court, that reversed its commitment, that shocked us so much, is a stark reminder to be vigilant,” Braun-Pivet said after becoming speaker.
“Nothing should be taken for granted. History is made of great progress but is always under threat of being reversed. This right was fought for and was inalienable. It is my conviction as a woman today is that we need to be the watchdog so that it stays in place forever,” she told lawmakers.
Braun-Pivet is a former Socialist who joined Macron’s party in 2016 and a relative newcomer to law-making. She was chosen by secret ballot over candidates from rival parties.
The leftist Nupes coalition is the biggest opposition force in the Assembly, and its legislators made a grand joint entrance Tuesday with a diverse cross-section of lawmakers including many young people in office for the first time. Nupes hopes to challenge Macron’s plans to cut taxes and raise the retirement age from 62 to 65.
The far-right party of three-time presidential candidate Marine Le Pen, the National Rally, won a record number of seats, and is expected to press anti-immigration policies.
All three top parties plan competing measures aimed at helping working-class households cope with high inflation, fueled by Russia’s war in Ukraine.
Women remain in the minority in the Assembly, and Braun-Pivet’s appointment was seen as sending an important message about women in politics. A lawyer who spent several years living in Asia, Braun-Pivet was elected first in 2017 and reelected this month in her district west of Paris, and chaired the Assembly’s Law Committee for the past five years.
The National Assembly is taking on a more important role now than it has had in 20 years.
Macron’s supporters worry that the new legislature will cause political gridlock and block his efforts to make France’s economy more business-friendly and pass climate legislation. His critics say it is more representative of France.
“The French people compel us to work together, to debate rather than to fight each other. They’ve chosen us, they’ve elected us and we share, whatever our differences, a responsibility to answer to this assembly which is the face of France,” Braun-Pivet said.
National Rally legislator Sebastien Chenu said his far right party would push for debate on “Islamism” and immigration.
“We will oppose without any concessions Emmanuel Macron’s reforms, like the pension reform in particular,” he said.
Amid high inflation, Nupes legislator Louis Boyard said, “We must revive the economy through consumption. By raising the minimum wage to 1,500 euros. By freezing prices. We have plenty of proposals.”
As lawmakers paraded through the garden toward the columned assembly, two deputies from French Polynesia arrived wearing traditional attire. The assembly, however, remains largely a place of suits and ties.
The National Assembly will choose committee leaders in the coming days, and either Nupes or the National Rally may win control of the important finance commission, which is in charge of controlling the state’s budget.
Prime Minister Elisabeth Borne – only the second woman to hold that post – will lay out the government’s overall goals in a broad speech next week, and may face a confidence vote soon afterward.
___
Sylvie Corbet and Jade le Deley in Paris contributed. | https://cw33.com/business/ap-business/french-parliament-opens-new-era-after-macron-lost-majority/ | 2022-06-29T02:37:31Z |
Inflation could slow rather than stop industry bounce-back
AVON, Conn., Aug. 18, 2022 /PRNewswire/ -- The voluntary benefits market will likely continue its trend of healthy sales growth for the next several years, according to a new report from Eastbridge Consulting Group. However, lingering concerns about the impact of inflation could hold growth well below 2021's strong double-digit results.
Eastbridge's Forecasting Voluntary Sales Spotlight™ Report analyzes the current sales environment and projects future sales potential in the voluntary market. It offers several different scenarios dependent on the industry's rate of recovery from the pandemic, inflation and other factors based on Eastbridge' longstanding expertise in the industry. The report is designed to help carriers develop their own predictions for future opportunities, update their business plans and determine what investments to make.
Despite the uncertain economy, the report shows continued opportunity for carriers and producers in the voluntary market.
"After more than two decades of near-continuous growth, the voluntary benefits market is still only half tapped," said Nick Rockwell, Eastbridge president. "Even during previous economic downturns, we've seen strong demand and need for the added protection voluntary benefits provide employees."
About 54 million employees work in businesses that have yet to offer them voluntary benefits, and another 14 million employees have access to voluntary benefits at work but haven't yet purchased coverage. The continuing move away from employer-funded benefits also could help fuel voluntary growth, the report states.
Information about purchasing the Forecasting Voluntary Sales Spotlight™ Report is available on Eastbridge's website. Those interested can email info@eastbridge.com or call (860) 676-9633.
About Eastbridge Consulting Group
Eastbridge Consulting Group, Inc. is a marketing advisory firm serving companies focused on the voluntary/worksite benefits market in the United States and Canada.
CONTACT: Ginger Bates
EMAIL: gbates@eastbridge.com
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SOURCE Eastbridge Consulting Group | https://www.kxii.com/prnewswire/2022/08/18/latest-eastbridge-report-sees-continued-growth-voluntary-market/ | 2022-08-18T13:23:59Z |
NEW YORK, May 31, 2022 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for March 2022 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series and can be accessed in full by going to https://www.spglobal.com/spdji/.
YEAR-OVER-YEAR
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 20.6% annual gain in March, up from 20.0% in the previous month. The 10-City Composite annual increase came in at 19.5%, up from 18.7% in the previous month. The 20-City Composite posted a 21.2% year-over-year gain, up from 20.3% in the previous month.
Tampa, Phoenix, and Miami reported the highest year-over-year gains among the 20 cities in March. Tampa led the way with a 34.8% year-over-year price increase, followed by Phoenix with a 32.4% increase, and Miami with a 32.0% increase. Seventeen of the 20 cities reported higher price increases in the year ending March 2022 versus the year ending February 2022.
MONTH-OVER-MONTH
Before seasonal adjustment, the U.S. National Index posted a 2.6% month-over-month increase in March, while the 10-City and 20-City Composites posted increases of 2.8% and 3.1%, respectively.
After seasonal adjustment, the U.S. National Index posted a month-over-month increase of 2.1%, and the 10-City and 20-City Composites posted increases of 2.2% and 2.4%, respectively.
In March, all 20 cities reported increases before and after seasonal adjustments.
ANALYSIS
"Those of us who have been anticipating a deceleration in the growth rate of U.S. home prices will have to wait at least a month longer," says Craig J. Lazzara, Managing Director at S&P DJI. "The National Composite Index recorded a gain of 20.6% for the 12 months ended March 2022; the 10- and 20-City Composites rose 19.5% and 21.2%, respectively. For both National and 20-City Composites, March's reading was the highest year-over-year price change in more than 35 years of data, with the 10-City growth rate at the 99th percentile of its own history.
"The strength of the Composite indices suggests very broad strength in the housing market, which we continue to observe. All 20 cities saw double-digit price increases for the 12 months ended in March, and price growth in 17 cities accelerated relative to February's report. March's price increase ranked in the top quintile of historical experience for every city, and in the top decile for 19 of them.
"For the first time in nearly three years, the city with the most rapid growth in housing prices was not Phoenix. In March, Tampa led all cities with a gain of 34.8%, with Phoenix (32.4%) and Miami (32.0%) taking silver and bronze honors. As was the case last month, prices were strongest in the South (+29.8%) and Southeast (+29.6%), with every region continuing to show impressive gains.
"Mortgages are becoming more expensive as the Federal Reserve has begun to ratchet up interest rates, suggesting that the macroeconomic environment may not support extraordinary home price growth for much longer. Although one can safely predict that price gains will begin to decelerate, the timing of the deceleration is a more difficult call."
SUPPORTING DATA
Table 1 below shows the housing boom/bust peaks and troughs for the three composites along with the current levels and percentage changes from the peaks and troughs.
Table 2 below summarizes the results for March 2022. The S&P CoreLogic Case-Shiller Indices could be revised for the prior 24 months, based on the receipt of additional source data.
Table 3 below shows a summary of the monthly changes using the seasonally adjusted (SA) and non-seasonally adjusted (NSA) data. Since its launch in early 2006, the S&P CoreLogic Case-Shiller Indices have published, and the markets have followed and reported on, the non-seasonally adjusted data set used in the headline indices. For analytical purposes, S&P Dow Jones Indices publishes a seasonally adjusted data set covered in the headline indices, as well as for the 17 of 20 markets with tiered price indices and the five condo markets that are tracked.
For more information about S&P Dow Jones Indices, please visit https://www.spglobal.com/spdji/.
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit https://www.spglobal.com/spdji/.
FOR MORE INFORMATION:
April Kabahar
Global Head of Communications
New York, USA
(+1) 212 438 7530
april.kabahar@spglobal.com
S&P Dow Jones Indices' interactive blog, IndexologyBlog.com, delivers real-time commentary and analysis from industry experts across S&P Global on a wide-range of topics impacting residential home prices, homebuilding and mortgage financing in the United States. Readers and viewers can visit the blog at www.indexologyblog.com, where feedback and commentary are welcomed and encouraged.
The S&P CoreLogic Case-Shiller Indices are published on the last Tuesday of each month at 9:00 am ET. They are constructed to accurately track the price path of typical single-family homes located in each metropolitan area provided. Each index combines matched price pairs for thousands of individual houses from the available universe of arms-length sales data. The S&P CoreLogic Case-Shiller U.S. National Home Price Index tracks the value of single-family housing within the United States. The index is a composite of single-family home price indices for the nine U.S. Census divisions and is calculated quarterly. The S&P CoreLogic Case-Shiller 10-City Composite Home Price Index is a value-weighted average of the 10 original metro area indices. The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index is a value-weighted average of the 20 metro area indices. The indices have a base value of 100 in January 2000; thus, for example, a current index value of 150 translates to a 50% appreciation rate since January 2000 for a typical home located within the subject market.
These indices are generated and published under agreements between S&P Dow Jones Indices and CoreLogic, Inc.
The S&P CoreLogic Case-Shiller Indices are produced by CoreLogic, Inc. In addition to the S&P CoreLogic Case-Shiller Indices, CoreLogic also offers home price index sets covering thousands of zip codes, counties, metro areas, and state markets. The indices, published by S&P Dow Jones Indices, represent just a small subset of the broader data available through CoreLogic.
Case-Shiller® and CoreLogic® are trademarks of CoreLogic Case-Shiller, LLC or its affiliates or subsidiaries ("CoreLogic") and have been licensed for use by S&P Dow Jones Indices. None of the financial products based on indices produced by CoreLogic or its predecessors in interest are sponsored, sold, or promoted by CoreLogic, and neither CoreLogic nor any of its affiliates, subsidiaries, or predecessors in interest makes any representation regarding the advisability of investing in such products.
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SOURCE S&P Dow Jones Indices | https://www.mysuncoast.com/prnewswire/2022/05/31/sampp-corelogic-case-shiller-index-reports-annual-home-price-gain-206-march/ | 2022-05-31T15:16:39Z |
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Inotiv, Inc. (NASDAQ: NOTV).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/inotiv-inc-loss-submission-form/?id=30773&from=4
The lawsuit seeks to recover losses for shareholders who purchased Inotiv between September 21, 2021 and June 13, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 22, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Inotiv, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Inotiv's acquisition, Envigo RMS, LL ("Envigo"), and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/08/12/notv-shareholder-alert-jakubowitz-law-reminds-inotiv-shareholders-lead-plaintiff-deadline-august-22-2022/ | 2022-08-12T10:08:13Z |
Which smart irrigation system is best?
Properly maintaining your yard and keeping it lush and green year-round is a time-, money- and water-consuming process. That’s why a smart irrigation system — despite its sometimes high initial cost — is a wise investment. Using one will decrease your water consumption and save you plenty of money over time, plus you can spend more time enjoying your yard rather than toiling over it.
The best smart irrigation system is the Orbit B-Hyve Smart Sprinkler Controller. It balances its range of features and its cost to become an excellent value.
What to know before you buy a smart irrigation system
Soil moisture-based smart irrigation systems
These smart irrigation systems use one of two sensor types to track the moisture content of your soil and adjust your water usage as needed.
- Suspended cycle systems are similar to timed controllers. You set schedules, durations and start and stop times, but the system will stop once it detects enough moisture in your soil.
- Water-on-demand systems have start times and days when they are active, but they use upper and lower moisture thresholds to only trigger during active times when water is needed.
Weather-based smart irrigation systems
Also known as evapotranspiration or ET-based systems, these track local weather patterns such as temperature and rainfall to adjust your irrigation. They use one or more of the following technologies.
- Historic controllers take historic water use on the property as a base value and adjust your water usage from there.
- Signal-based controllers receive publicly available weather data through a Wi-Fi connection to adjust your watering pattern.
- Onsite controllers use the weather data obtained directly from your property to constantly fine-tune your watering.
Controls
Most smart irrigation systems have a physical control system and a smartphone-integrated control system. The smartphone-integrated systems are either controlled via an app or through logging into a mobile website. Low-cost systems often save money by cutting out a physical control system and relying only on smartphone control.
What to look for in a quality smart irrigation system
Zones
Zones let you set different requirements for different areas of your yard. For example, you can have one zone for your grass and another for your flowerbeds so that each zone gets only the water it needs. Some smart irrigation systems can program 16 zones or more, but this increases cost. Chart how many zones you need before shopping and grab a system with that or a slightly higher number of zones.
AI assistant integration
The best smart irrigation systems integrate artificial intelligence assistants so you can control your watering using only your voice. Many systems are directly integrated for use with Amazon Alexa, while others can connect to almost any AI assistant, including Google Assistant.
How much you can expect to spend on a smart irrigation system
Smart irrigation systems typically cost $100-$200 or more. Most cost $150 or less, but these are simple devices with limited features. Spending $150-plus gets you more advanced systems with better features.
Smart irrigation system FAQ
How much water can I save with a smart irrigation system?
A. That varies on your needs and your system, but according to the Environmental Protection Agency, an average system can save up to 15,000 gallons of water each year. Those who need to water more frequently will see the biggest savings.
Does yard size matter when shopping for a smart irrigation system?
A. A little. It doesn’t matter if you have a huge yard or a tiny one as long as your system is set up correctly and has the zone programming functions to oversee your yard. In other words, it’s best to focus on how many zones you need overseen rather than the overall size of your yard.
Should a professional install a smart irrigation system?
A. Maybe. Some of the more complex systems need basic electric work done or your yard may need major lawncare changes such as having new sprinkler systems installed. You can do both of these on your own with some research, but hiring professionals may be simpler.
What’s the best smart irrigation system to buy?
Top smart irrigation system
Orbit B-Hyve Smart Sprinkler Controller
What you need to know: It offers many excellent features without increasing its cost too high.
What you’ll love: It can oversee up to 12 zones and can be controlled from your smartphone with an included app. It’s also compatible with Amazon Alexa. It uses WeatherSense technology to alter water usage based on several variables, including soil type and the amount of sun received.
What you should consider: Some consumers reported that it can be inconsistent at times. Others had issues with the included software, particularly that it doesn’t alert you when watering starts.
Where to buy: Sold by Amazon and Home Depot
Top smart irrigation system for the money
Orbit B-Hyve Smart Hose Faucet Timer With Wi-Fi Hub
What you need to know: It’s basic but an excellent gadget for small yards and trial runs.
What you’ll love: It comes in single-, double- and four-zone sizes. It’s controlled directly from your smartphone and uses WeatherSense technology to optimize your water usage. It has a built-in flow meter so you can track exactly how much water you use in terms of gallons or time.
What you should consider: As with Orbit’s Smart Sprinkler Controller, some customers had issues using the included software. Others reported receiving used units rather than new ones.
Where to buy: Sold by Amazon and Home Depot
Worth checking out
Rachio 3 Smart Sprinkler Controller
What you need to know: It’s feature-rich and covers many zones.
What you’ll love: It’s available in eight- or 16-zone systems, both controllable via an included smartphone app or through voice commands with most AI assistants, including Amazon Alexa and Google Assistant. It can track weather conditions to cancel unneeded watering.
What you should consider: It’s among the priciest systems. Several purchasers reported bad customer service when issues arose, such as communication errors between your phone and the system.
Where to buy: Sold by Amazon and Home Depot
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Jordan C. Woika 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/lawn-garden-br/lawn-care-br/best-smart-irrigation-system/ | 2022-04-29T07:13:45Z |
NEW YORK , June 21, 2022 /PRNewswire/ -- Frier Levitt is pleased to announce a significant victory on behalf of HIV-focused specialty pharmacy, Mission Wellness, against Caremark and SilverScript that a federal court has refused to seal, resulting in the victory becoming public record through court filings. Pharmacy Benefit Managers (PBMs) often impose on pharmacies repressive "gag clauses" that prevent Providers and law firms from revealing victories achieved against PBMs.
Like many pharmacies around the country, Mission Wellness has been a passionate advocate for serving vulnerable patients and took appropriate steps to stand up to Caremark's unreasonable DIR fees and reimbursement "underwater." Frier Levitt obtained an Arbitration Award on behalf of the specialty pharmacy of over $3.6 Million. Frier Levitt prevailed on all counts, including breach of contract, with the Arbitrator ordering the return of 100% of the DIR fees recouped from Mission Wellness, plus attorneys' fees and interest, as well as a stern caution about future DIR fee assessment. As of the date of this article, Caremark and SilverScript have not yet taken responsibility and paid Mission Wellness the awarded amount. Frier Levitt filed a petition to confirm the unpaid Arbitration Award in the United States District Court for the District of Arizona.
PBMs assess DIR fees against pharmacies participating in Medicare Part D networks. "DIR" stands for "Direct and Indirect Remuneration," and describes any kind of remuneration Part D Plan Sponsors (PDPs) or their PBMs receive from any source after the point of sale that offsets the PDP's costs. In many instances, PBMs unilaterally recoup DIR fees from providers months after the provider is initially paid by the PBM.
Mission Wellness is a minority and woman-owned San Francisco specialty pharmacy. Because of Caremark's DIR fees, Mission Wellness was losing money while participating in Caremark's Medicare Part D networks. Caremark and SilverScript have profited at the expense of Mission Wellness, HIV patients and Medicare. Only Mission Wellness' sheer dedication to the HIV community motivated them to continue serving HIV patients at a loss. Mission Wellness is one of only a handful of specialty pharmacies located within walking distance of its San Francisco neighborhood. Had Mission Wellness dropped out of Caremark's Medicare network, HIV patients would have suffered. Mission Wellness continued to care for Caremark's Medicare patient population while facing financial ruin. The owner has a passion to care for this vulnerable patient population that Centers for Medicare & Medicaid Services ("CMS") legally recognizes as one of only a few federally "protected classes" of patients. Medicare Part D is our governmental prescription drug program for those aged 65 or older, but HIV patients qualify for Medicare regardless of age. Caring for HIV patients is a matter of national significance, according to CMS and Mission Wellness. But, for Caremark, it is all about DIR fees.
Caremark refused to provide the required discovery throughout the arbitration, including discovery necessary to "audit" Caremark's calculations of medication adherence, which serves as the basis for its recoupment of DIR fees. Even after being sanctioned by the Arbitrator, Caremark refused to provide the basis for the DIR methodology.
The victory against Caremark and SilverScript provides hope to independent pharmacies that wish to challenge PBM DIR fees. The victory arrives almost simultaneously with last week's announcement that the FTC is currently investigating the practices of Caremark and other PBMs, as it relates to their improper recoupment of DIR fees from independent pharmacies. According to trial counsel, Co-Founding Member Jonathan E. Levitt, Esq., "performance-based DIR fees are a threat to the existence of independent pharmacies and the deleterious impact of DIR fees is felt by patients, Medicare, drug manufacturers and wholesalers. PBMs profit from DIR fees." Levitt concludes that: "specialty pharmacies should be aware that they have rights under federal law, that can be vindicated in a court of law."
Frier Levitt LLC is a premier boutique law firm with offices in New York and New Jersey. Firm attorneys are leading practitioners providing an array of services to healthcare and life sciences clients nationally. Frier Levitt serves the provider community, wholesalers, manufacturers and plan sponsors, large physician group practices, hospitals, hospital medical staffs, ambulatory surgery centers, and laboratory companies. For more than 20 years, the Firm has been and continues to be a leader on PBM contracts and applicable law. Firm attorneys are at the forefront of disputing PBM-imposed DIR fees and have successfully challenged DIR fees against major PBMs, obtaining more than $40M in damages on behalf of its pharmacy clients arising from trials and settlements. For more information, please visit www.frierlevitt.com.
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SOURCE Frier & Levitt LLC | https://www.wibw.com/prnewswire/2022/06/21/frier-levitt-obtains-arbitration-award-against-caremark-arising-improper-dir-fees/ | 2022-06-21T19:45:35Z |
NEW YORK, May 3, 2022 /PRNewswire/ -- ALM has released a new title, The Psychology of Financial Planning, developed in partnership with Certified Financial Planner Board of Standards, Inc. (CFP Board).
The Psychology of Financial Planning is the first title to cover the six Principal Knowledge Topics within the Psychology of Financial Planning domain and assessed in the CFP® exam. Written by subject matter experts under the guidance of the CFP Editorial Advisory Board, this new title is available in eBook, digital and print format. The Psychology of Financial Planning addresses the theoretical underpinnings for each of the six topics and provides practical guidance, including "In Practice" sections with practice tips and case studies that illustrate how the concepts play out in real life situations. This pioneering resource will not only serve aspiring CFP® professionals but assist financial planners in improving their competencies in this area.
This book is structured around the six Principal Knowledge Topics that make up CFP Board's Psychology of Financial Planning domain:
- Client and planner attitudes, values, and biases
- Behavioral finance
- Sources of money conflict
- Principles of counseling
- General principles of effective communication
- Crisis events with severe consequences
"We are excited to partner with such a well-respected organization as CFP Board and to be the first to cover this new Principal Knowledge Domain," says Molly Miller, ALM's Chief Content Officer. "The Psychology of Financial Planning joins our well-established series of financial planning titles that help students prepare for the CFP® exam as well as provide ongoing learning for financial planners."
The online and eBook versions are available for immediate access. Print copies are available for pre-order and will be shipped in June.
Use code POFP22 to receive $20 off your purchase of our online + eBook versions or off your pre-order of the print version. Bundle print + online + eBook for the greatest savings! *
Print: $199
eBook + Online: $169
Print + eBook + Online Bundle: $320
* Introductory rate savings of $20 is valid on The Psychology of Financial Planning only. Enter discount code POFP22 at checkout. Offer valid through May 27, 2022 at 11:59pm EDT.
About ALM Global
ALM Global, an information and intelligence media company, provides customers with critical news, data, analysis, marketing solutions and events to successfully manage the business of business. ALM serves a community of more than 7 million business professionals in the legal, finance, insurance and commercial real estate industries. Please visit www.alm.com for more information.
ALM Media Contact:
Amanda Beasley
abeasley@alm.com
ABOUT CFP BOARD
Certified Financial Planner Board of Standards, Inc. is a professional body for personal financial planners in the U.S. CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. CFP Board, along with its Center for Financial Planning, is committed to increasing the public's awareness of CFP® certification and access to a diverse, ethical and competent financial planning workforce. Widely recognized by firms as the standard for financial planning, CFP® certification is held by more than 92,000 people in the United States. Visit CFP.net for more information.
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SOURCE ALM | https://www.mysuncoast.com/prnewswire/2022/05/03/alm-announces-release-new-title-psychology-financial-planning-partnership-with-cfp-board/ | 2022-05-04T00:03:32Z |
Former President of ROX Financial and Managing Director of BNY Mellon Brings Extensive Operational and Business Development Expertise to Provenance Blockchain Foundation
SAN FRANCISCO, Sept. 6, 2022 /PRNewswire/ -- Provenance Blockchain Foundation, an organization focused on enabling financial services firms to reimagine how their businesses operate, is delighted to welcome Anthony Moro as Managing Director. In his new role, Moro will help a wide range of financial institutions and fintechs adopt and leverage Provenance Blockchain to power their digital asset transformation.
Based in New York City, Moro joins Provenance Blockchain Foundation after serving most recently as President and Principal Executive Officer of ROX Financial, an asset management fintech focused on democratizing access to commercial real estate through innovative NYSE listed REIT securities. Prior to serving at ROX Financial, Moro held a range of senior executive positions, including Managing Director, Head of Europe, Middle East and Africa, in BNY Mellon's depositary receipts business, where he helped develop a niche securities servicing product into a $1 trillion market capitalization global asset class.
"Anthony is an innovative leader who brings more than two decades of experience to the Provenance Blockchain ecosystem," said Morgan McKenney, CEO of Provenance Blockchain Foundation. "All types of financial services firms, from regulated financial institutions to early stage fintechs, will find his market knowledge and strategic expertise helpful as they adopt, integrate and leverage Provenance Blockchain to improve their business."
Provenance Blockchain is uniquely positioned as a platform built specifically for the financial services ecosystem. Leading financial institutions, fintechs and asset managers use Provenance Blockchain to enable the entire digital asset left cycle: from origination to financing, funding and trading. Provenance Blockchain is successfully transforming lending, securitization, payment and exchanges, supporting over 10 billion dollars in transactions.
"I'm thrilled by the unique opportunity to join the Provenance Blockchain Foundation," said Moro. "Several of the world's leading financial services companies are adopting Provenance Blockchain technology at scale, sparking a material shift that I believe is going to reshape the industry. I am incredibly excited to be a part of this monumental transformation."
The Provenance Blockchain Foundation provides the world's best ecosystem for developing and deploying DeFi applications. Provenance Blockchain Foundation supports Provenance Blockchain and its participants by catalyzing adoption, education, research and development, and the HASH Grant program. We believe a community-driven, open-source model based on the best-in-class, eco-friendly Cosmos/Tendermint internet of blockchains is essential for the success and wide adoption of the next generation of decentralized financial applications. The Provenance Blockchain is a public blockchain network designed and developed to support financial service industry needs by providing a ledger, registry, and exchange across multiple financial assets and markets. To learn more, visit https://provenance.io
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SOURCE Provenance Blockchain | https://www.kxii.com/prnewswire/2022/09/06/provenance-blockchain-foundation-appoints-anthony-moro-managing-director-help-financial-institutions-fintechs-power-their-evolution-digital-assets-digital-money-blockchain-technology/ | 2022-09-06T14:33:25Z |
NASHVILLE, Tenn., June 23, 2022 /PRNewswire/ - Evans & Welch, the parent company of Traffic & Funnels and SalesMentor announced today that Ashton Shanks has been named as their new CEO.
Evans & Welch has trained more than 150,000 individual business owners, sales professionals, and freelancers. Since 2015, the organization quickly became a rising star in the online education arena. Currently headquartered in Nashville, both individually owned brands are poised for many years of market dominance by offering great products and great services in two very fast-growing industries.
Shanks, a veteran CEO who is known within his industry as "The Savage Media Buyer", has helped scale companies from $0 to $500k+ in just months with his company Hemon Media, is excited to continue innovating and representing the legacy of Evans & Welch. "I started at this company working as an intern... I've watched it grow and evolve and I'm so excited to help bring our products, our team, and our vision into its next season," says Shanks.
While running the Evans & Welch team from Nashville, Shanks will continue to serve as CEO of The Hemon Group - https://thehemongroup.com - a company rapidly growing into an industry leader for direct-response advertising while managing close to $5 million per month in paid traffic for its clients.
"The next season for these companies will be the best we've ever seen. There is nobody else with the caliber of experience or vision that can match what I believe Ashton can do. The companies couldn't be in better hands!" says Taylor Welch.
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SOURCE Evans & Welch | https://www.kxii.com/prnewswire/2022/06/23/hemon-media-groups-ashton-shanks-named-ceo-evans-amp-welch/ | 2022-06-23T19:13:14Z |
LOS ANGELES, June 16, 2022 /PRNewswire/ -- Rechargeable portable neck air conditioner series comes with a cooling campaign starting on June 16th.
As a pioneering brand focused on innovating portable fans, JISULIFE provides an impressive solution to consumers and launched the 2022 Summer Cool Parade campaign on June 16th(Ends on June 30th), which is an annual carnival of JISULIFE.
Summer comes with sunshine and parties. However, summer heat always annoys people while running around a huge store, stocking shelves, having outdoor activities, and working in a yark, even enjoying a beach party. JISULIFE portable neck fans series supplies a hands-free cooling experience with creative technology and ergonomic design so that users could feel untrammeled with their hands when toil-and-moil or dancing at a festival.
Focused on different groups, JISULIFE has customized specific neck fans for satisfying different needs.
FA12 Bladeless Neck Fan(1st generation) -- 2020-2021 Best Seller Neck Fan, satisfied by 1,500,000+ customers since 2020.
As the first novel bladeless neck fan on the market, it works with the dual-turbine motor to enhance the airflow through a 270-degree air supply angle and 78 tiny outlets around the neckband. Consumers will enjoy the cooling breeze from FA12 with a hassle-free weight(only 8.9oz.) for up to 16hrs, which is supported by the rechargeable lithium-ion 4000mAh battery. It could be a practical cooling gadget when cooking and either a detail standing out in the outfit when shopping or having a party.
More details and a time-limited discount for FA12 in the 2022 Summer Cool Parade.
FA31 Bladeless Neck Fan(2nd generation) -- 2022 Upgraded Neck Fan for a better experience.
To level up a brand new cooling experience, JISULIFE has enhanced FA31's performance with 4 new techs and upgraded the design for a more comfortable using experience.
- Air Cyclone™ -- Dual side for more efficiently air-inhale.
- Air Recycle™ -- Reduce loss of air transport.
- Air Turbo™ -- Enlarged turbine for stronger wind.
- Air Balance™ -- Consistent airflow for comfy.
More details and a time-limited discount for FA31 in the 2022 Summer Cool Parade.
FA35 Pro Portable Ultimate Bladeless Neck Fan -- 2022 NEW Flagship Ultimate Neck Fan sold 9,900+ since released in May.
For further innovative 360-degree cooling experience, FA35Pro is issued as the flagship product of this season. FA35Pro will be perfect for the customers who are retail workers, outdoor workers, or hiking enthusiasts, which might need to cool down immediately for preventing heat stroke and hot flashes. It was built with a new launch mode setting for reaching the 4m/s superwind mode by only once 2s press.
JISULIFE set up the brand new standard of experiencing neck fans with FA35Pro, which is driven by 3 turbines(left, right, and back) and patented techs(Air balance™ and Air Cyclone™). Consumers can enjoy totally cool breezes around the neck to kick out the hot flash when people are working in the warehouse or enjoying sports events in the audience.
More details and a time-limited discount for FA35 Pro in the 2022 Summer Cool Parade.
Established in 2016, JISULIFE is a solution provider pivoted on creative and sustainable gadgets for personal space. Aiming to improve air circulation around every consumer indoor-outdoor, they have created portable electronic products that suit every scene daily.
"All we do are according to what you need. Our team always has a passion for creating more interesting gadgets for your personal space," they said. In the past 6 years, JISULIFE focused on technical innovation and design iteration for portable fans. And they already served over 10 million customers globally and distributed their business via cross-border e-commerce to more than 40 countries.
For more information, visit their official website and Summer Cool Parade campaign page.
Facebook: https://www.facebook.com/JISULIFE.Ltd
Instagram: https://www.instagram.com/jisulife_official/
Twitter: https://twitter.com/JISULIFE_fans
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SOURCE JISULIFE | https://www.mysuncoast.com/prnewswire/2022/06/16/jisulife-2022-summer-cool-parade-announce-beat-heat-with-portable-neck-fan-series/ | 2022-06-16T15:47:41Z |
Va. police: Over a dozen injured when car crashes into pub
Published: Aug. 13, 2022 at 12:16 PM CDT|Updated: 37 minutes ago
ARLINGTON, Va. (AP) — Authorities in northern Virginia say more than a dozen people were injured -- four of them critically -- after a vehicle crashed into a pub and restaurant.
Arlington County officials said the crash happened early Friday evening at the Ireland’s Four Courts establishment.
The crash also caused a fire that was soon extinguished. Authorities say eight people were taken to the hospital, while six others were treated at the scene.
Details on the crash cause weren’t immediately provided.
A police spokeswoman says the driver was among those taken to the hospital.
The crash happened on a busy thoroughfare a few miles from the District of Columbia line.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/13/va-police-over-dozen-injured-when-car-crashes-into-pub/ | 2022-08-13T17:53:32Z |
OLYMPIA, Wash. (AP) — As one of two Republican members of Congress from Washington to have voted to impeach former President Donald Trump, Rep. Jaime Herrera Beutler faces one of her toughest primaries since she was first elected to represent the southwest region of the state in 2010.
The number of Republicans in the race — including a former Green Beret endorsed by Trump — and the anger that the six-term congresswoman sparked among some in her party with her impeachment vote means Herrera Beutler could face a scenario that seemed unfathomable in her previous re-election bids: not making it through the primary.
“For me and my team and the way we look at it, it’s another tough election,” Herrera Beutler told The Associated Press. “I’m not changing course. I’m still the same Republican I’ve always been.”
Under Washington’s primary system, the top two vote getters in each race Aug. 2 advance to the November election, regardless of party. Washington is a vote by mail state, and voters don’t have to declare a party affiliation.
Rep. Dan Newhouse, a four-term congressman in the 4th Congressional District, is the other Washington state member of Congress who has drawn Republican challengers, including one endorsed by Trump, due to his vote.
Perhaps the best known outside candidate in Newhouse’s intraparty feud is Loren Culp, a former small town police chief who lost the 2020 governor’s race to Democrat Jay Inslee but refused to concede. He won Trump’s endorsement in February, but has lagged other candidates in reported fundraising figures.
Due to the nature of the top-two primary, the vote in the 3rd Congressional District could cut in a variety of ways, including the incumbent advancing to the general election against a fellow Republican or against a Democratic challenger — in previous elections Democrats have always captured enough of the primary vote to advance to November. But Herrera Beutler could also be edged out.
It all comes down who turns out to vote and how much power the Trump endorsement holds, said Mark Stephan, an associate professor of political science at Washington State University-Vancouver.
“The 3rd District taps into that national story of, where is the Republican Party headed,” he said. “How much continued influence does President Trump have over the party?”
Trump had vowed revenge against the 10 House Republicans who crossed party lines to impeach him but has had mixed results in the primaries to date.
Rep. Tom Rice, a five-term congressman, was ousted by a Trump-endorsed state lawmaker in last month’s South Carolina primary. Rep. David Valadao of California advanced from that state’s top two primary to advance to the general election with a Democratic state lawmaker, surviving a challenge from a fellow Republican who faulted the congressman for his impeachment vote.
The impeachment vote came in the wake of the Jan. 6 attack on the U.S. Capitol by a pro-Trump mob that supported the president’s efforts to have the 2020 election overturned, driven by false claims of widespread voter fraud.
Hererra Beutler says she has no regrets about her impeachment vote — and stands by her comments made both on the floor and on Twitterafterward — including her revelation that Minority Leader Kevin McCarthy told her he spoke with Trump as rioters were storming the Capitol, and that according to McCarthy the president said: ”‘Well, Kevin, I guess these people are more upset about the election than you are.’”
But she said her focus since then has been on issues related to the district, like prescription drug prices and protecting salmon populations.
“I would hope anybody, whether they agree with me on the vote or not, would understand that you want a representative who feels their obligation is to their oath, which is an obligation to the Constitution,” she said.
Trump has endorsed Joe Kent, a regular on conservative cable shows who echoes the former president’s grievances about the 2020 election outcome.
Heidi St. John, a Christian author and home-school advocate who shares those views, rescinded a pledge to drop out of the race and support whomever Trump endorsed and has attacked Kent, saying she’s the only true conservative in the race.
The main Democrat in the race, Marie Gluesenkamp Perez, has secured the support of key Democrats in the region.
Kent says the impeachment vote is what led him to get into elected politics. He had already established a relationship with the former president, whom he first met at Dover Air Force Base days after his wife, Navy cryptologist Shannon Kent, was killed by a suicide bomber in Syria during a mission to fight the Islamic State in 2019. Kent, who moved to Portland with his two young sons to be closer to family, ultimately moved across the border to Washington state the following year.
Kent said he’s part of the “America First” movement, and said that when he talks to voters, he contrasts himself against not just Democrats, but traditional Republicans as well. Kent said if Republicans win the majority in Congress, he would push for the impeachment of President Joe Biden and an investigation into the 2020 election.
“We are in the midst of the Republican civil war and America First is going to win that civil war and we are going to take over the Republican party,” he said.
Trump garnered about 38% of the statewide vote in 2020 but won the 3rd District with 50.6%. She’s fallen under 50% in crowded primaries before, most recently in 2018, but has never been at serious risk of not clearing the primary in her previous re-election bids.
St. John said some of his public stances and the fact he was registered as a Democrat and voted for Bernie Sanders in Oregon’s 2020 presidential primary – which Kent said he did to help Trump since he felt Sanders would be a weaker candidate against Trump than Biden – is among the reasons why she’s decided to stay in the race.
“I’m more concerned about electing a good representative than this narrative about splitting the vote,” she said. St. John — who is trailing in fundraising behind Herrera Beutler and Kent — is benefiting in more than $1.3 million in outside spending from a newly created political action committee called Conservatives For A Stronger America.
For Gluesenkamp Perez, she sees the Republican infighting as an opportunity for Democrats who haven’t held this seat since Herrera Beutler first won it 12 years ago.
“I’m the only candidate who understands what it’s like to navigate America as a small business owner working in the trades, and that’s what this district looks like,” said Gluesenkamp Perez, who own an auto shop with her husband across the border in Portland.
Ballots were mailed to the state’s nearly 4.8 million registered voters last week, including the more than 499,000 in the 3rd Congressional District, whose borders changed recently under redistricting. | https://cw33.com/news/politics/ap-politics/house-incumbent-targeted-by-trump-faces-tough-primary-in-wa/ | 2022-07-26T10:54:38Z |
NEW YORK and PETALUMA, Calif., July 27, 2022 /PRNewswire/ -- Brightstar Capital Partners ("Brightstar"), a private equity firm focused on partnering with families, founders, entrepreneurs, and management teams, today announced it has signed a definitive agreement to invest in WindsorONE ("the Company"), a leading U.S.-based manufacturer of highly-crafted trim boards, molding, shiplap and other fabricated wood products for interior and exterior applications. The Company's products primarily serve the rapidly growing repair and remodel market.
Under the agreement, Brightstar will partner with Craig Flynn, owner and CEO of WindsorONE, to grow and expand the Company's operations. Flynn and his senior management team will continue to lead WindsorONE moving forward. Terms of the private transaction, which is expected to close in the third quarter of 2022, were not disclosed.
Founded in 1972 and headquartered in Petaluma, California, WindsorONE is a family-owned business that serves as a leading manufacturer of craftsman primed wood trim boards, moldings, shiplap, and other fabricated wood products for interior and exterior applications. The Company manufactures 100 percent of its products in the U.S. through its facilities in Willits, CA and Surry, VA, and utilizes a vertically integrated model to source its raw materials. WindsorONE stands proudly behind its high-quality products, providing industry-leading warranties to its customers.
"We are impressed by WindsorONE's culture of safety and quality, dedicated employee base, and reputation in the millwork industry for manufacturing finely crafted products, "said Roger Bulloch, Partner at Brightstar. "Brightstar loves to partner with family owned, well-managed companies like WindsorONE. We look forward to working with CEO Craig Flynn and his team to strengthen the Company's market position and execute on numerous growth opportunities."
"I am confident that WindsorONE's next chapter will bring additional opportunities for our customers, management team and dedicated employees," said Mr. Flynn. "We continue to see strong demand for our premium quality wood trim boards as the repair and remodel market expands. We made the decision to partner with Brightstar because their strategic expertise, operational experience and capital investment will allow us to increase our supply capacity, enhance our suite of products, and solidify our standing in this growing industry."
WindsorONE was advised by legal advisor Jeffer Mangels Butler & Mitchell LLP and financial advisor Wells Fargo Securities, LLC. Brightstar was advised by legal advisor Kirkland & Ellis LLP and financial advisor Nomura Securities International, Inc.
Founded in 1972 and headquartered in Petaluma, California, WindsorONE is a second-generation family-owned business that serves as a leading manufacturer of craftsman primed wood trim boards, moldings, shiplap, and other fabricated wood products for interior and exterior applications. Its products primarily serve the consistent and rapidly growing repair and remodel market. Using proprietary protective technologies and patented primers, the Company manufactures 100 percent of its products in the U.S. through its facilities in Willits, CA and Surry, VA, and utilizes a vertically integrated model to source its raw materials. For more information, please visit https://windsorone.com.
Brightstar Capital Partners is a middle market private equity firm focused on investing in closely held family, founder, or entrepreneur-owned businesses where Brightstar believes it can drive significant value with respect to the management, operations, and strategic direction of the business. Brightstar employs an operationally intensive "Us & Us" approach that leverages its extensive experience and relationship network to help companies reach their full potential. For more information, please visit www.brightstarcp.com.
Media Contact:
Doug Allen/Zach Kouwe
Dukas Linden Public Relations
Brightstar@DLPR.com
646-722-6530
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SOURCE BRIGHTSTAR CAPITAL PARTNERS L.P. | https://www.wibw.com/prnewswire/2022/07/27/brightstar-capital-partners-acquire-fabricated-wood-products-leader-windsorone/ | 2022-07-27T10:58:21Z |
Community Focus on Expanding Programs for All Ages
DENVER, July 27, 2022 /PRNewswire/ -- B'nai Havurah, Denver's only Reconstructionist congregation, today announced the hiring of Rabbi Katie Mizrahi as the new spiritual leader of the community. She will officially join the community in September.
"We are thrilled to welcome Rabbi Mizrahi into our community," said B'nai Havurah Board Chair Ben Honigman. "She brings a keen rabbinic mind, the warmth and proven ability to attract and engage people of all ages, and extensive experience of community leadership. Our entire community eagerly looks forward to her official start in September, leading the High Holy Days programs and services as we welcome the New Year."
Ordained through the Reconstructionist Rabbinical College in 2005, Rabbi Mizrahi had previously studied for several years in Jerusalem while devoting herself to human rights projects and peace education. Since 2007, she has been the rabbi of Or Shalom Jewish Community in San Francisco. Prior to that, she also served as a Marshall T. Meyer Rabbinic Fellow at Congregation B'nai Jeshurun in New York City, a visiting rabbi for Kehilat Kol HaNeshama in Jerusalem, and a sabbatical rabbi for West End Synagogue, also in New York City.
Rabbi Mizrahi grew up in Boulder, Colorado and attended Stanford University, majoring in philosophy and religious studies. As a rabbi, she has a rare combination of intellectual rigor, musicality and warm openheartedness.
"It is a deep joy to arrive at this moment of becoming the rabbi of B'nai Havurah," said Rabbi Mizrahi. "My cup overflows with gratitude, excitement, ideas, and hopes for our shared future. For me, coming to serve as the rabbi of B'nai Havurah will be both a new beginning and a homecoming, and I am so thankful for the blessing of this opportunity."
B'nai Havurah is an inclusive, participatory community with a 60+ year history of strong lay leadership, a vibrant music program, and a commitment to social justice. "We are currently at a crossroads," said Honigman. "Many of our members are older and we are eager to include more young families in our community. Rabbi Mizrahi is the perfect choice to help us innovate to meet the changing needs of our Jewish community. She is a musical, dynamic service-leader, with gifts for writing, speaking, counseling, and teaching. A believer in empowered community leadership in partnership with strong rabbinic vision, she is a community-builder with extensive experience fostering groups around tikkun olam (repair of the world) and lifelong learning. Rabbi Mizrahi is a perfect fit for B'nai Havurah."
For more information contact Becky Epstein at exec@bnaihavurah.org, 303-388-4441 ext. 15 or visit www.bnaihavurah.org.
B'nai Havurah had its beginnings in 1961, as a fellowship/study group (havurah). The group grew and in 1963 officially affiliated as a havurah with the Reconstructionist movement, which is committed to the renewal of American Jewish life. Reconstructionism defines Judaism as an evolving civilization that encompasses history, literature, art, music, land, and language. At B'nai Havurah, this is achieved through study, worship and joyous practice, social justice, acts of kindness, and connection with the Jewish people. B'nai Havurah is an egalitarian and participatory community, open to a variety of perspectives and forms of religious expression.
For more information, visit www.bnaihavurah.org.
Media Contacts:
Grace Vogelzang
Media Director
Impact Communications, Inc.
ImpactMediaManager@ImpactCommunications.org
913-649-5009
Becky Epstein
Executive Director
B'nai Havurah
exec@bnaihavurah.org
303-388-4441 ext. 15
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SOURCE B’nai Havurah | https://www.mysuncoast.com/prnewswire/2022/07/27/bnai-havurah-hires-rabbi-katie-mizrahi/ | 2022-07-27T12:15:47Z |
NEW YORK (AP) — Maybe it makes sense that Emma Raducanu would try to find something positive from becoming only the third woman in the professional era to lose in the U.S. Open’s first round one year after winning the championship.
Maybe, too, it seems like a bit of a stretch.
Still, whether she was trying to convince others or herself, that was how Raducanu spoke about moving on from bowing out 6-3, 6-3 against Alizé Cornet on Tuesday night in her opening match at Flushing Meadows in 2022 following that remarkable run to the trophy as an unseeded 18-year-old qualifier in 2021.
“It is a clean slate. I can just start again. I don’t know what my ranking will be. Probably pretty low down,” Raducanu said. “With perspective, actually, as a 19-year-old, I’ve had not a bad year. To be top 100, if you told me that a year ago, I’d take it. But, like, I think it would be nice, in a way, to kind of just start over, start fresh.”
The other defending champions who went home this quickly at the American Grand Slam tournament were Svetlana Kuznetsova, who won it in 2004, and Angelique Kerber, who won it in 2016 (and lost in the first round in 2017 to Naomi Osaka, who had yet to win any of her four major trophies).
Raducanu said she was disappointed to join that small group.
She also sounded somewhat relieved.
“I mean, in a way,” said the British player, who is 15-19 since her triumph in New York, “the target will be off my back slightly.”
Raducanu dealt with blisters on her racket-holding right hand, as she had earlier this year, and took a medical timeout after the first set for treatment from a trainer.
She also was simply outplayed by Cornet, a 32-year-old from France who beat past major champions Simona Halep at the Australian Open, Jelena Ostapenko at the French Open and Iga Swiatek at Wimbledon, ending the No. 1-ranked woman’s 37-match winning streak at Wimbledon.
“This year I’m kind of the upset girl. I pull out an upset on every Slam,” the 40th-ranked Cornet said after disrupting her opponent with a constantly shifting mix of defense, strokes that pushed Raducanu deep behind the baseline and well-placed drop shots. “I was like, ‘OK, I did it on the three previous Grand Slams, so why not this one?’”
Now add Raducanu to the list.
“I’m sorry, guys. I know you really like Emma,” Cornet told the crowd at Louis Armstrong Stadium. “She’s a great player and a great person.”
A year ago, at age 18, Raducanu arrived at Flushing Meadows ranked 150th to participate in only the second major tournament of her nascent career. She wound up making it through qualifying and winning 10 matches in a row — all in straight sets — en route to becoming the first qualifier to win a Grand Slam title, defeating another unseeded teen, Leylah Fernandez, in the final.
Raducanu came into the U.S. Open seeded 11th after second-round losses at each of the first three majors of 2022.
“She didn’t win a Slam for nothing,” Cornet said. “I know how she can play.”
Cornet is playing in her record-setting 63rd consecutive Grand Slam event. She’s only reached the quarterfinals at one of them — this year’s Australian Open.
But she also owns six victories over opponents ranked in the top 20 this season.
“I’m handling my emotions better,” said Cornet, who actually was angered when the Armstrong roof was closed during the course of play early in the second set. “I guess I’m getting old. I’m getting mature. … It’s good, because I’m 32. I guess it’s better late than never.”
___
More AP coverage of U.S. Open tennis: https://apnews.com/hub/us-open-tennis-championships and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-raducanus-us-open-title-defense-ends-with-loss-to-cornet/ | 2022-08-31T20:06:12Z |
IGT PlaySports™ grows leadership in Washington State with Olympia's premier casino
LONDON, Aug. 10, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it is expanding its sports betting leadership in Washington State via a multi-year contract with Nisqually Red Wind Casino. Under the terms of the agreement, Nisqually Red Wind Casino in Olympia, Wash. will leverage the award-winning IGT PlaySports platform, deploy IGT PlaySports betting kiosks and partner with the IGT trading advisory team.
"Nisqually Red Wind Casino is excited to offer our guests additional gaming entertainment and elevated fan engagement by introducing an IGT PlaySports-powered sportsbook," said Conrad Granito, Nisqually Red Wind Casino, General Manager. "Given IGT PlaySports' leadership across Washington State and the turnkey nature of their solution, we are confident that we've found the ideal sports betting growth partner."
"In adding a sportsbook to its already impressive casino, Nisqually Red Wind Casino can leverage sports betting as a powerful player acquisition tool and a driver of extended property visitation," said Joe Asher, IGT President of Sports Betting. "IGT PlaySports has significant experience powering sportsbooks at tribal casinos throughout the U.S. and we look forward to helping Nisqually Red Wind Casino create a must-visit destination for sports fans in Olympia and the surrounding areas."
IGT PlaySports is powering sports betting at 70+ gaming venues across the U.S. and Canada. Nisqually Red Wind Casino will be the eighth casino in Washington State to deliver world-class sports betting using IGT PlaySports technology. To learn more visit igt.com/playsports or follow us on LinkedIn.
About IGT
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall", "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2021 and other documents filed from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company's business. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement.
Contact:
Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452
Francesco Luti, +39 06 5189 9184; for Italian media inquiries
James Hurley, Investor Relations, +1 (401) 392-7190
© 2022 IGT
The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.
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SOURCE International Game Technology PLC | https://www.wibw.com/prnewswire/2022/08/10/igt-nisqually-red-wind-casino-team-up-multi-year-sports-betting-agreement/ | 2022-08-10T20:54:39Z |
GRAND RAPIDS, Mich., June 15, 2022 /PRNewswire/ -- Lambert, a public relations, investor relations, and integrated communications agency, today announced that Paige Wirth has joined the company as Senior Director. In this newly created company position, Wirth is responsible for expanding Lambert's client service capabilities in marketing and content strategy.
"I'm excited to welcome Paige to our team, as her depth and breadth of marketing experience significantly strengthens our capabilities and commitment to providing our clients with integrated communications support," stated Lambert CEO Michelle Olson, APR. "Our growing client base will benefit from her expertise driving complex, multi-million-dollar national marketing campaigns across multiple platforms."
In her new role, Wirth will expand Lambert's marketing as a service offering and maximize current firm capabilities in market research, digital marketing, and creative design. She also oversees the day-to-day operations of the firm's client-facing marketing and content strategy teams. Lambert has always focused on driving value for clients through expert storytelling while creating the right visibility, at the right time, with the right message. The firm's investment in building its marketing service line bolsters this approach to exceed client expectations now and into the future.
Wirth joins Lambert with more than 10 years of experience leading and executing multimillion-dollar product launches, integrated marketing campaigns, and strategic brand initiatives during her tenure with global creative agencies and other public-private organizations. She most recently led strategic marketing efforts for the Michigan Economic Development Corporation (MEDC), the state's marketing arm and lead advocate for business development, job awareness, and community development. As Director of Marketing, Wirth supported MEDC programming goals, leading a multidisciplinary team in the execution of advertising, content marketing, digital marketing, sponsorships, experiential marketing, and more. Before that, she spent five years at the marketing firm Anthem Worldwide (now SGK), working on the Kellogg's account portfolio. She also held positions with Refuel, a national media and marketing services agency. Wirth earned her bachelor's degree in integrated public relations and advertising from Central Michigan University.
"Paige will be instrumental as we build our marketing operations to align with our known industry prowess in public relations and investor relations," stated Don Hunt, president at Lambert. "Over the years, our capabilities have evolved beyond earned media to cover shared, paid, and owned content platforms. As such, expanding our strategic marketing services is a natural progression to further client success."
About Lambert
Founded in 1998, Lambert invented the PR and IR integrated agency model with over 20 years of continuous growth attributed to the firm's laser focus on strategic communications and bottom-line results in the achievement of client goals. The award-winning national agency is a top-40 PR and top-15 IR firm with top-5 specialties in automotive and mobility, education, and M&A/private equity, alongside robust practice areas in consumer packaged goods, healthcare and biotech, and tourism and hospitality. The firm's reach spans six major talent hubs, including Grand Rapids, Detroit, New York, St. Louis, Houston, and Phoenix. Lambert is a founding partner of TiiCKER, a shareholder loyalty, marketing and perks platform, and an equity partner in minority-owned independent marketing agency 9th Wonder. Lambert's Founder and Chairman Jeff Lambert is the global board chair of PROI Worldwide, the world's largest and most diverse partnership of PR firms, and named 2021 Ally of the Year, the top diversity award in public relations issued by Diversity Action Alliance.
Media Contact
Andrea Eberle
aeberle@lambert.com
313.309.9500
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SOURCE Lambert & Co. | https://www.mysuncoast.com/prnewswire/2022/06/15/lambert-strengthens-marketing-capabilities-with-addition-paige-wirth-senior-director/ | 2022-06-15T19:54:13Z |
DALLAS (KDAF) — “In such a time of tragedy and loss, I realized that this was something I could make happen.”
The Beeville Art Museum will exhibit 48 pieces from 10-year-old Uvalde victim and aspiring artist Alithia Ramirez from Sept. 17 to December 17.
The exhibit entitled “Eyes on the World” was created by executive director Tracy Saucier after watching the June 7 press conference where Matthew McConaughey addressed Alithia, specifically, and her dream of attending art school in Paris.
In January the exhibit will be presented by L’AiR Arts at Atelier 11 in Paris, France.
“Beeville is a similar size as Uvalde so I could instantly relate to what was happening in the community,” Saucier said in a news release. “Our mission of using art education as a positive force makes this museum the perfect place for this exhibition.”
For more information, visit bamtexas.org. | https://cw33.com/news/local/texas-art-museum-to-display-uvalde-victims-artwork/ | 2022-08-30T19:41:26Z |
Pittsburgh Penguins star Evgeni Malkin has been suspended four games for cross-checking Nashville’s Mark Borowiecki in the face.
The NHL’s department of player safety announced the suspension Monday after holding a hearing with Malkin about the play. In a video explaining the suspension, the league called Malkin’s cross-check “retaliatory and aggressive.”
Malkin was initially given only a four-minute double-minor penalty after striking Borowiecki in the mouth with his stick at the end of the second period Sunday.
“It’s an emotional game out there,” coach Mike Sullivan told reporters after the game. “It’s physical, and sometimes that stuff happens. It was a physical game, especially at the net fronts in those areas where that took place.
“Obviously, we don’t want our best players in the penalty box, but these guys are competitive guys and they push back. We’d prefer they be on the ice. They give us a better chance when they’re on the ice, for sure. But one of the things we love about Geno is how competitive he is, and so when you get an emotional game like the game we had today, those things happen.”
This is Malkin’s second suspension after a one-game ban for high-sticking in 2019. This one costs him $190,000 in salary.
He’s eligible to return April 23 versus Detroit.
The Penguins beat the Predators in overtime to snap a four-game skid. They have lost seven of their last 10 games and are in danger of falling out of third place in the Metropolitan Division and into an Eastern Conference wild-card spot.
Malkin missed the first 34 games of the season rehabbing from knee surgery. Since making his season debut Jan. 11, the 35-year-old Russian center has been a point-a-game player with 17 goals and 20 assists in 37 games.
___
More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/penguins-malkin-suspended-4-games-for-cross-check-to-face/ | 2022-04-13T00:18:25Z |
(The Hill) – Sen. Lindsey Graham (R-S.C.) achieved new heights of political celebrity during the Trump years, but now finds himself in the middle of a criminal investigation linked to the battle for Georgia in the 2020 presidential race.
A special grand jury in Fulton County has subpoenaed Graham along with other Trump insiders as part of an investigation into potential criminal interference in the 2020 election in Georgia, which Joe Biden narrowly won by 12,670 votes.
Graham’s lawyers issued a statement Wednesday asserting that the senior South Carolina senator is not a subject or target of the investigation, which they denounced as a “fishing expedition.”
His attorneys, Bart Daniel and Matt Austin, said they would fight the subpoena in court, raising the prospect of a protracted legal battle.
“As chairman of the Senate Judiciary Committee, Sen. Graham was well within his rights to discuss with state officials the processes and procedures around administering elections. Should it stand, the subpoena issued today would erode the constitutional balance of power and the ability of a member of Congress to do their job,” they said in a statement Wednesday. “Sen. Graham plans to go to court, challenge the subpoena, and expects to prevail.”
The Fulton County district attorney’s office said Wednesday it would respond in the appropriate court to compel Graham’s appearance if necessary.
Democrats say Graham’s actions after Trump narrowly lost Georgia were highly unusual and appear to have departed from regular Senate oversight procedure.
Graham called Georgia Secretary of State Brad Raffensperger shortly after Biden barely carried the state to query him about the validity of thousands of ballots.
What surprised Senate insiders is that Graham reached out directly to Raffensperger instead of letting staff handle what the senator described as an information gathering mission.
“It’s certainly alarming that a United States senator is being questioned about the events surrounding Donald Trump’s efforts to pressure Georgia officials to overturn the election results,” said Ray Zaccaro, a Democratic strategist and a former Senate aide who worked on voting rights legislation.
“Lindsey Graham does not represent the state of Georgia. Lindsey Graham has an official legislative role but he’s not an investigator, he’s not an elections official, he’s not one of the president’s attorneys, he’s not a representative of the president,” he said.
Zaccaro said that while Graham at the time was the chairman of the Judiciary Committee, “that was not the way the committee would conduct any kind of oversight.”
“It was certainly unusual and unorthodox,” he said. “Nothing about his role as far as I’m aware as chairman of the Judiciary Committee at the time would merit that engagement.”
While Graham’s legal team says he is not the target or subject of the investigation into criminal election interference, his involvement in the probe raises questions about whether he may face criminal liability at some point.
Stanley Brand, a former general counsel to the House and specialist in congressional ethics, said Graham could seek protection under the Constitution’s “Speech and Debate” clause, which protects lawmakers from arrest during their official duties.
“I think there are, arguably, speech and debate implications here, not the least of which would be his internal deliberations with his colleagues given that this was something that was going to be voted on,” he said, noting that Graham contacted Raffensperger before he and other senators were going to vote on objections to the certification of Biden’s victory on Jan. 6.
But Brand said the legal case is made murkier by Graham’s interaction with state officials outside of Congress itself.
“The harder question is how much his conversations with Raffensperger would be covered,” he said.
While Brand said the Judiciary panel has an oversight responsibility, he noted “dicta” in the Supreme Court’s 1972 ruling in Gravel v. United States indicating that “errands” lawmakers carry out with agencies that are not part of their legislative function are not protected by the speech and debate clause.
“That’s almost a question-by-question determination,” he said, explaining that the protections of the speech and debate clause are largely determined by how a court may rule.
Some Democratic lawmakers think Attorney General Merrick Garland will act on the findings of the House select Jan. 6 committee to investigate and charge members of Trump’s inner circle in connection to their efforts to block Biden’s 2020 victory.
Federal investigators last month searched the home of Jeffrey Clark, a former Justice Department lawyer who, according to recent testimony before Congress, tried to persuade Trump to put him in charge of Justice so that he could send a letter to Georgia election officials falsely claiming the department had “identified significant concerns” with the state’s election results.
Other Trump allies subpoenaed by the Fulton County D.A. actively participated in a strategy to stop the certification of Biden’s victory, according to testimony made public by the House select panel. Rudy Giuliani, Trump’s personal attorney, as well as other Trump-allied attorneys — John Eastman, Cleta Mitchell, Jenna Ellis, and Kenneth Chesebro — also received subpoenas.
Raffensperger, Georgia’s top election official, told The Washington Post shortly after Graham called him that he was stunned that Graham appeared to suggest finding a way to throw out legally cast ballots.
Graham at the time disputed Raffensperger’s claim as “ridiculous” and insisted he was merely trying to understand how Georgia election law worked.
“The main issue for me is: How do you protect the integrity of mail-in voting, and how does signature verification work?” he said.
More than a year and a half later, that claim is coming under intense scrutiny, by Fulton County D.A. Fani Willis, colleagues in Congress and the media.
Since news broke that Graham contacted Raffensperger and his staff twice about reviewing Georgia’s absentee ballots for potential fraud, more evidence has become public through the House select Jan. 6 committee’s investigation indicating there was an organized and concerted effort by Trump allies to overturn Biden’s 2020 victory.
Graham’s close relationship with Trump and his regular access to the president has raised doubts about the senators claims that he was participating in a fact-finding mission without any intention of pressuring election officials one way or the other.
Issac J. Bailey, a professor of public policy and communications studies at Davidson College in North Carolina, noted that Graham initially kept Trump at arm’s length during the 2016 election but later gravitated to his power.
He said Graham’s close relationship with Trump drove him to call Georgia’s election officials.
“The old Lindsey Graham would have never gotten himself into this position, would have never jumped on the phone to pressure legislators in another state to affect the outcome of an election,” Bailey told The Hill.
“After initially rightly holding Trump at arm’s length and rightly calling out the danger many of us saw back in 2016, he just relinquished all of that to get into the good graces of Trump,” he said.
Either way, Republican strategists don’t see Graham suffering any political damage at home, given Trump’s huge popularity in South Carolina.
“I’m not sure that the simple act of getting caught up in this hurts Graham because of the nature of the South Carolina electorate and in particular the Republican Party and the typical Republican voter in the state of South Carolina. It’s not like he’s going to get punished at the polls for that,” said James Wallner, a former Senate Republican aide who now teaches about Congress and American constitutional law at Clemson University.
Wallner said the legal ramifications are tougher to predict.
“What comes of this is a different story and we can’t write that chapter until we get there,” he said. | https://cw33.com/news/nexstar-media-wire/grahams-relationship-with-trump-comes-back-to-bite-him/ | 2022-07-07T11:14:17Z |
Former Jayhawk Mykhailiuk will suit up in Toronto for another year
Published: Jun. 21, 2022 at 9:37 PM CDT|Updated: 46 minutes ago
TOPEKA, Kan. (WIBW) - Former Kansas guard Svi Mykhailiuk will be back in the NBA.
Mykhailiuk exercised his $1.9 million dollar player option Tuesday, agreeing to stay with the Raptors for the 2022-2023 season.
Last year with Toronto, Mykhailiuk played in 56 games, averaging just under five points and two rebounds a game, while shooting 38 percent from the floor.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/22/former-jayhawk-mykhailiuk-will-suit-up-toronto-another-year/ | 2022-06-22T03:23:49Z |
VIRGINIA BEACH, Va., Aug. 23, 2022 /PRNewswire/ -- Choice Financial Group ("Choice" or the "Company") announced today it has acquired New Jersey-based R. Stephens Financial, Inc. ("R. Stephens").
Based in Ridgewood, New Jersey and founded by current president, Richard Yuran, R. Stephens is an employee benefits consulting and brokerage firm that provides a full range of quality insurance and financial services for both organizations and individuals. Yuran will continue to lead operations and will partner with Choice to further its growth throughout the region.
"I was ready to take my company to the next level and continuing to give our clients' outstanding service was key. I'm excited to be a part of Choice's ground floor opportunity. It provides a genuine partnership that not only allows me to maintain my business identity but also to gain access to resources for strategic growth that both my team and our clients can value," said Yuran.
"We're excited to join forces with Rich," says Choice CEO, Bob Hilb. "His entrepreneurial spirit and expertise will continue to strengthen our industry relationships and raise the value of our insurance services, including employee benefits, throughout New Jersey and New York. We welcome Rich to the Choice family."
R. Stephens represents the seventh acquisition for the Company and the second acquisition in New Jersey since partnering with Northlane Capital Partners in October 2021.
About Choice Financial Group: Choice Financial Group is a leading insurance agency with institutional capital support from Northlane Capital Partners, a middle-market private equity firm managing more than $1 billion of committed equity capital. Choice is expanding its market presence through organic growth initiatives and targeted investments. Choice is headquartered in Virginia Beach, Virginia, and has 19 offices in eight states.
For agency partnership opportunities, contact:
Bob Hilb, CEO
804-564-9625
bob.hilb@choiceins.com
For media inquiries, contact:
Elizabeth Grimes
757-926-0463
elizabeth.grimes@choiceins.com
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SOURCE Choice Financial Group | https://www.kxii.com/prnewswire/2022/08/23/choice-financial-group-continues-its-expansion-into-new-jersey/ | 2022-08-23T15:13:52Z |
For less than one-third the price of the national average college tuition, students will earn an associate degree plus a job-ready certificate from Google, IBM, or Salesforce
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- Golden Gate University is launching Degrees+, powered by Outlier.org, with three associate degrees that reimagine the two-year degree for a rising generation of students that demand high quality education without the crushing cost. For annual tuition of $4,470 all-inclusive, students will earn a two-year degree that uniquely brings together the best of a college education with a career-relevant industry certificate.
Beginning today, students can apply to be part of the first class, which starts in Spring 2023.
"This is a full associate degree plus a job-ready certification that will be fully funded for more than half of Americans under existing federal aid guidelines," said Aaron Rasmussen, CEO and founder of Outlier.org and co-founder of MasterClass. "Imagine if everyone had the option to go to college with top instructors from Harvard, Yale, Google, and NASA via the highest-quality online classes. By upgrading the two-year degree, we can massively reduce student debt and set students up for success, whether that's transferring into a four-year degree or going straight into their careers."
"Golden Gate University has been providing life-changing educational options to adult students since 1901," said Brent White, Provost of Golden Gate University. "We are proud to partner with IBM, Amazon, Outlier.org, and others to offer a new type of associate degree that meets students' aspirations to get a two- or four-year degree on their own schedule via a top-quality online learning experience."
While 86% of Americans agree that a college education helps adults advance their careers, less than half (49%) believe the economic benefits outweigh the costs. In fact, nearly half of Generation Z students (48%) believe postsecondary education should be two years or less.
"Degrees+ is an innovative response to growing public doubt about the return on time and money invested in college," said David Fike, President of Golden Gate University.
For tuition of $4,470 per year all-inclusive ($149/credit), students in a Degrees+ program can earn an associate degree from Golden Gate University with no hidden fees. Golden Gate University and Outlier.org worked together to carefully follow Department of Education guidelines so that students can leverage federal financial aid for these degrees. Based on data from the National Postsecondary Student Aid Study, more than half (56.3%) of college students would be eligible to have their Degrees+ tuition fully funded by the Pell Grant alone.
Students can pick among three Degrees+ programs to earn an AS in Applied Computing, an AA in Business Administration, or an AA in Liberal Studies. In addition to lectures from world-class instructors, Golden Gate University faculty will lead each course and provide interactive support including class discussions, office hours, and much more. Each program is designed to combine durable communication and critical thinking skills developed in classic liberal arts courses, with the option to complete a professional certificate from a company such as Google, IBM, Meta, Intuit, Salesforce, or HubSpot. Each certificate is specifically designed to prepare students for in-demand, entry-level roles.
Steep declines in college enrollment during the COVID-19 pandemic have illustrated how difficult it is for most students to fit traditional college experiences into their lives. Today, 74% of college students are parents or working full-time, while only 15% live on campus.
There are 39 million people who have started college but not earned a credential in the United States alone, and only 13% of community college students complete a bachelor's degree within six years. By accepting up to 75% of the credits required to graduate as transfer credits, the Degrees+ programs are built to make it possible for those people to finally earn a college degree, on their own schedule.
"Programs like Degrees+ are promising because they put students on the path to a college degree while earning certificates along the way that have tangible labor market value," said Rusty Greiff, Chief Strategy & Growth Officer at Jobs for the Future. "After year one, students will have skills they can immediately take into the workforce."
Outlier.org is also working with partners to distribute Degrees+ to prospective students who can benefit most. Through a partnership with Amazon's Career Choice, the company will pre-pay any of the Degrees+ programs for their 750,000+ qualifying employees.
"Amazon employees who are looking to obtain degrees desire flexibility in many areas of their education —from scheduling to types of classes to locations," said Tammy Thieman, Global Director for Career Choice at Amazon. "Because of this, Outlier.org's customizable, transfer credit-friendly courses are powerful additions to the Career Choice education network. We're excited to offer a national associate degree to our employees, in addition to the variety of programs already available."
In addition to helping new and returning students complete their associate degrees and find pathways to bachelor's programs at Golden Gate University, the institution is actively working with Outlier.org to build a network of employer and university partners to streamline both workforce recruitment with employers and matriculation into four-year bachelor's degree programs. Employers and universities that would like to partner on Degrees+ are encouraged to reach out to partnerships@outlier.org.
Prospective students can learn more about the Degrees+ programs and apply at Outlier.org.
About Outlier.org
Outlier.org empowers students to earn their degree with the best instructors without the debt. Students choose from for-credit courses and degree programs taught by leading instructors at Yale, MIT, and Harvard and enjoy a rigorous online learning experience with cinematic video, access to 1-on-1 tutoring, AI-proctored assessments, and active learning material. All Outlier.org courses and programs are transcripted by either the University of Pittsburgh or Golden Gate University.
About Golden Gate University
Golden Gate University, a private nonprofit university in the heart of San Francisco's financial and high-tech district, empowers working adults to achieve their professional goals with nationally renowned undergraduate and graduate degrees and certificates. Founded in 1901, GGU has been a leader in online education for nearly three decades, and its programs offer maximum flexibility for modern students. With a primary campus in San Francisco, GGU also has teaching locations in Silicon Valley and Seattle. GGU graduates join nearly 70,000 alumni.
Media Contact
Charlotte Ward
charlotte@cwardpr.com
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SOURCE Outlier.org | https://www.mysuncoast.com/prnewswire/2022/09/07/golden-gate-university-outlierorg-reinvent-affordable-college-with-degrees/ | 2022-09-07T11:53:18Z |
Leading digital personal finance company earns a top spot for second year
SAN MATEO, Calif., Aug. 8, 2022 /PRNewswire/ -- Freedom Financial Network (FFN), a leading digital personal finance company, today announced it has been recognized as one of the top 100 corporate philanthropists in the San Francisco Bay Area by the San Francisco Business Times. This is the second consecutive year the company has appeared on the list.
"We are proud to be honored once again alongside our peers in the Bay Area and remain steadfastly committed to our core value of caring for everyone with empathy, compassion and human kindness." said Brad Stroh, co-founder and co-CEO of FFN. "Whether we are supporting co-workers who are experiencing hardships or local organizations needing support to build stronger communities, we're there to lend a hand and give back."
Headquartered in San Mateo, California with more than 2,600 teammates across the country, Freedom Financial Network has served more than 1 million customers and is rapidly growing as the leading digital personal finance company that helps everyday Americans move forward on a path to a better financial future.
"Freedom Financial Network is excited to receive this distinction and to be recognized for our commitment to giving back," said Linda Luman, executive vice president of human resources at FFN. "As we continue to grow our business we add more talented teammates to both drive our mission forward and support our spirit of philanthropy and volunteerism."
The San Francisco Business Times Corporate Philanthropy list annually highlights the Bay Area's most generous corporate citizens and highlights those who made contributions to Bay Area-based charitable organizations in the following counties: San Francisco, San Mateo, Alameda, Contra Costa, Marin, Napa, Santa Clara, Marin, Napa, Santa Clara, Solano and Sonoma.
Earlier this year, FFN was named to the Phoenix Business Journal's 2022 Healthiest Employers List in recognition of its efforts to motivate employees to achieve and maintain wellness through a strong emphasis on mental and physical health. FFN has also been named to the Phoenix Business Journal's annual "Best Places to Work" list 11 times, including winning first place in the extra-large company category in 2021. The company was also recently named to the 2022 list of the Best Places to Work in the Bay Area by the San Francisco Business Times and the Silicon Valley Business Journal. Last year, FFN was also named one of "Arizona's Most Admired Companies" by AZBigMedia.
Full details on the San Francisco Business Times' Top 100 Corporate Philanthropists in the Bay Area List can be found here.
About Freedom Financial Network
Freedom Financial Network is a leading digital personal finance company. Our solutions help everyday people get on, and stay on, the path to a brighter financial future, with innovative technology and personalized support. By leveraging proprietary data and analytics, our solutions are tailored for each step of a consumer's financial journey and include personal loans (FreedomPlus), home equity loans (Lendage), help with debt (Freedom Debt Relief), and even financial tools and education (Bills.com). Freedom Financial Network has more than 2,600 dedicated employees across California, Arizona and Texas and is recognized as a Best Place to Work.
For information on career opportunities at Freedom Financial Network, visit: https://jobs.freedomfinancialnetwork.com/
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SOURCE Freedom Financial Network | https://www.kxii.com/prnewswire/2022/08/08/freedom-financial-network-named-san-francisco-business-times-top-100-bay-area-corporate-philanthropists-list-2022/ | 2022-08-08T15:39:47Z |
HONG KONG, Aug. 3, 2022 /PRNewswire/ -- READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced a new development of OkeApp (www.okepartners.com), the unique discount referral app fully owned by RHCO which was under beta testing for the past 90 days and will be fully launched by the end of this month. OkeApp will launch a travel membership program: Oke Travel Club.
Oke Travel Club is a worldwide selection of travel-related services and products designed to offer OkeApp members significant price reductions on all of their travel needs globally. RHCO has recently signed a partnership agreement with one of the largest travel services and products wholesaler in the United States. With this collaboration, Oke Travel Club will offer discounts up to 50% off for hotels, resorts, theme parks, cruises, air tickets, car rentals, as well as retail shops, dining and entertainment all over the world to OkeApp members. The membership program will provide a selection of 1 million+ locations of hotel and resorts, 205,000+ retail shops, 60,000+ restaurants, 45,000+ car rentals, 500+ airlines and 50+ major cruise lines. The selection includes some of the world's best brands, such as Avis in car rentals, Costco in retails, Domino's in Food, Foot Locker in sports goods, Red Lobster's in restaurants, Walt Disney World in theme parks, Royal Caribbean in cruise lines, etc.
All OkeApp members can access Oke Travel Club through OkeApp, making travel selections, bookings and claiming the discount offers all in one app. The addition of Oke Travel Club to OkeApp will make it a must-have app / membership for consumers and travelers all over the world. RHCO expects the growth of OkeApp will be strongly stimulated by Oke Travel Club, and it targets to build OkeApp and Oke Travel Club into the largest discount club globally.
The launch of Oke Travel Club is also in synergy with RHCO's comprehensive back-end Online Payment platform OkePay (www.okepay.biz). Oke Travel Club will further optimize the utilization of OkePay, which handles all the payments of OkeApp. It accepts standard credit and debit cards, such as Visa, MasterCard, AMEX, UnionPay, along with Alipay, WeChat Pay and other mobile wallets and e-vouchers.
RHCO expects to officially launch OkeApp and Oke Travel Club by the end of this month. Major upgrade will be added to OkeApp to facilitate the accessibility to Oke Travel Club, and currently the web site www.oke-travel.com is under construction.
Richard Klitsie, CEO of RHCO stated, "RHCO recognizes the enormous need for post-COVID travelers to have cost-effective options. As the world opens back up to travelers, Oke Travel Club will be an essential membership for everyone's travel arrangements. We strongly believe more people would want to use OkeApp because of Oke Travel Club. As we expect travel activities are getting back to normal worldwide, Oke Travel Club will instantly add extra values to OkeApp, and generates substantial profit to our business."
Readen Holding Corp. (www.readenholdingcorp.com) is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors, such as;
RHCO is a diversified holding company, with an operating history of over 30 years, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.
For further information please contact RHCO at info@readenholdingcorp.com
or +852 3950 5911
The RHCO corporate email address is info@readenholdingcorp.com
The RHCO corporate website can be accessed at www.readenholdingcorp.com
The RHCO Twitter account can be accessed at https://twitter.com/readenrhco
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Readen Holding Corp. to accomplish its stated plan of business. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Readen Holding Corp. or any other person.
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SOURCE Readen Holding Corporation | https://www.mysuncoast.com/prnewswire/2022/08/03/readen-holding-corporation-otc-pink-rhco-announces-new-plan-launch-oke-travel-club/ | 2022-08-03T13:15:34Z |
MINNEAPOLIS (AP) — When the Houston Firefighters Relief and Retirement Fund bought $25 million in cryptocurrencies, with the fund’s chief investment officer touting their potential, retired fire Capt. Russell Harris was concerned.
Harris, 62, has attended the funerals of 34 firefighters killed in the line of duty. He was already worried about his pension after an overhaul by state and city officials cut payments as they grappled with the ability to pay out benefits. He didn’t see crypto, unproven in his eyes, as an answer.
“I don’t like it,” Harris said. “There’s too many pyramid schemes that everybody gets wrapped up in. That’s the way I see this cryptocurrency at this time. … There might be a place for it, but it’s still new and nobody understands it.”
The plunge in prices for Bitcoin and other cryptocurrencies in recent weeks provides a cautionary tale for the handful of public pension funds that have dipped their toes in the crypto pool over the past few years. Most have done it indirectly through stocks or investment funds that serve as proxies for the larger crypto market. A lack of transparency makes it difficult to tell whether they’ve made or lost money, let alone how much, and for the most part fund officials won’t say.
But the recent crypto meltdown has prompted a larger question: For pension funds that ensure teachers, firefighters, police and other public workers receive guaranteed benefits in retirement after public service, is any amount of crypto investment too risky?
Many public pension funds across the U.S. are underfunded, sometimes seriously so, which leads them to take risks to try to catch up. That doesn’t always work out, and the risk extends not just to the funds but to taxpayers who might have to bail them out, either through higher taxes or diverting spending away from other needs.
Keith Brainard, research director for the National Association of State Retirement Administrators, said he wasn’t aware of more than a handful of public pension funds that have invested in crypto.
“There may come a day when crypto settles down and becomes adequately understood and mature as a potential investment that public pension funds might embrace them,” Brainard said. “I’m just not sure that we’re there yet.”
The U.S. Department of Labor urges “extreme care” in crypto investments because of the high risks. The recent plunge in crypto prices has caused Washington to more closely scrutinize the freewheeling industry. After the collapse of $40 billion crypto asset known as Terra, senators in both parties have proposed legislation that would regulate crypto for the first time, and Treasury Secretary Janet Yellen has called for more oversight of crypto ventures.
The Houston Firefighters Relief and Retirement Fund’s cryptocurrency investment wasn’t very big — just $15 million in what was then a $5.5 billion portfolio.
It’s not clear how that panned out in the cryptocurrency market slide this year. Officials from fund and the union didn’t respond to multiple requests for comment. But the fund bought in when bitcoin prices were close to their peak of nearly $67,000, and they’ve been on the decline since then, dipping below $20,000 in June.
The fund’s chairman, Brett Besselman, said in a first-quarter report that it was healthy with an overall rate of return of 33.7% in 2021. Houston Mayor Sylvester Turner said earlier this year that the 2017 overhaul is working well and, thanks to strong returns in 2021, has put his city’s pension funds well ahead of schedule toward eliminating their unfunded liabilities.
Houston’s experiment, which fund managers touted as the first announced direct purchase of digital assets by a U.S. pension plan, followed a series of bigger but indirect investments by two pension funds for Fairfax County of Virginia. They put over $120 million into funds that seek opportunities in the crypto world, such as blockchain technology, digital tokens and cryptocurrency derivatives. As in Houston, the Virginia investments are a tiny share of the funds’ $7.2 billion in assets.
Since 2018, the Fairfax County Employees’ Retirement System and Fairfax County Police Officers Retirement System have put money into venture capital funds that invest in blockchain and a hedge fund that seeks to harness some of the volatility inherent in the space, said Jeffrey Weiler, executive director of Fairfax County Retirement Systems. He said the goal was to invest in infrastructure that underlies blockchain technology, which managers continue to view as a high-growth area.
Crypto-related investments aren’t necessarily deliberate. The Minnesota State Board of Investment manages a portfolio worth around $130 billion for several public employee pension plans and other entities. A recent report shows it held small stakes as of Dec. 31 in the crypto exchange Coinbase Global and the bitcoin miners Riot Blockchain and Marathon Digital Holdings with a combined market value of $5.3 million. It also listed two holdings of fixed-income securities from Coinbase with a market value of $2.2 million.
Mansco Perry, the board’s executive director and chief investment officer, said the board invests heavily in stock indexes, so those holdings were most likely in one of its index funds or were purchased by an outside investment manager.
“We don’t own cryptocurrency, but if a company is big enough to be in an index, more than likely we own it,” Perry said.
The Minnesota board may look at crypto-related investments someday just to learn about them, Perry said, “but it’s not a high priority. … I would say we’re nowhere close to making an investment decision to move forward, but that doesn’t mean we never will.”
The country’s largest public pension fund, the California Public Employees’ Retirement System, known as CalPERS, took a tiny stake in 2017 in Riot Blockchain that grew to over $1.9 million by late 2020. Securities and Exchange Commission filings show it reached $5.4 million before CalPERS got out sometime in the second quarter of 2021. Officials declined to give details, but it was a miniscule play in CalPERS’ total portfolio of well over $400 billion.
According to SEC filings, the State of Wisconsin Investment Board apparently began testing the waters early last year with purchases of Coinbase, Marathon and Riot Blockchain. Those holdings grew to at least $19.3 million, against a total portfolio of $48.2 billion, by the end of the first quarter this year. Board officials did not respond to requests for comment.
New Jersey’s main state pension fund appears from SEC filings to have started investing in some crypto-related stocks in the second quarter of 2021. As of the end of March 2022, the state had about $9.5 million in combined holdings in Coinbase, Riot Blockchain and Marathon. New Jersey state treasury officials said they don’t comment on specific investments.
Other public funds that have taken smaller stakes include the Utah Retirement Systems, which once held a $13.2 million stake in Coinbase but doesn’t anymore. The Pennsylvania Public School Employees’ Retirement System held as much as $2.6 million worth of Coinbase last summer but was down to $681,000 by the end of the first quarter, after selling most of its stake, while adding about $398,000 worth of Marathon starting in the second half of 2021.
Harris, the retired Houston fire captain, said he sees his pension as a contract that should be honored, given the risks that firefighters routinely take. While he’s generally happy with how his pension fund has performed, he’s still uneasy about crypto. He also points out that firefighters in Houston and many other U.S. communities generally aren’t eligible for Social Security.
“There’s just a lot of people out there, if they lose that pension it’s over,” Harris said. “Some of these older retirees, I just do not know how they’re surviving.”
___
Associated Press writers Ken Sweet in New York and Geoff Mulvihill in Cherry Hill, New Jersey, contributed to this report. | https://cw33.com/business/ap-business/crypto-plunge-is-cautionary-tale-for-public-pension-funds/ | 2022-07-10T23:15:11Z |
After 40 seasons, 900-plus wins, Bob Huggins is in the Naismith Basketball Hall of Fame
Ohio basketball legend Bob Huggins received his sport's ultimate honor Saturday.
The West Virginia head coach — whose college coaching journey included successful runs locally at Walsh and Akron — is part of the Naismith Basketball Hall of Fame's Class of 2022. Former Cavs head coach George Karl is also a part of the class.
Huggins, 68, just completed his 15th season at West Virginia. He also enjoyed a successful 16-year run as the head coach at Cincinnati. He guided both West Virginia and Cincinnati to a Final Four.
Talking about the honor on ESPN2 shortly after he was announced as part of the class, Huggins reflected on what made him successful.
"It's doing things the right way," he said. "Caring about people, working with your guys, continuing those being your guys long after their eligibility's over with and just trying to be a father figure for a lot of guys who weren't fortunate enough to have a father. There's a lot of things. ... it's way bigger than basketball."
His former players were quite excited to see their coach honored. Many shared their sentiments on Twitter on Thursday when news leaked of Huggins' pending induction.
"This man brought the best out of us all," former Cincinnati star guard Nick Van Exel tweeted . "We didn’t always like it but we were running thru a wall for him."
Huggins' teams rarely have featured high-profile recruits. Instead, his best teams have been known for their toughness, especially on the defensive end. That was perhaps best epitomized by his West Virginia teams a few year ago when the Mountaineers earned the nickname "Press Virginia" for their suffocating full-court defense led by hard-nosed guard Jevon Carter.
Carter is one of 25 former Huggins players to reach the NBA. Former Cincinnati Moeller star Miles McBride is the most recent to reach the league. The Knicks rookie tweeted earlier Thursday when news leaked of Huggins' pending induction, “About time! Congrats to the GOAT.".
Huggins ranks eighth in wins among coaches at Division I programs with 845. Including wins as a head coach at then-NAIA Walsh from 1980-83, his total is 916. His 900th career win came in WVU's NCAA Tournament first-round victory last March. His teams have won 10 conference tournament titles and averaged 22.9 wins per season.
Huggins also never forgot Northeast Ohio. He's been an annual speaker in Canton at the Pro Football Hall of Fame Luncheon Club, generally entertaining the gathering at their final weekly meeting each May with his dry wit.
Huggins' record at Cincinnati from 1989-2005 was 399-127. He also spent one season as the head coach at Kansas State before heading to West Virginia, where he had starred as a player in the 1970s.
Huggins established himself among Ohio high school basketball's all-time greats during his own playing career. He was a three-time All-Ohio pick and the state's player of the year in 1972 when he led Indian Valley South High School — coached by his father, Charlie — to the Class A state championship with a 26-0 record. Bob and Charlie are both enshrined in the Ohio Basketball Hall of Fame.
His late father quickly came to Bob's mind when he talked about what this honor meant Saturday on ESPN2.
"He passed away here in the last year," Huggns said. "And I was reading his obituary and he won 87% of all the games that he coached. People say to me sometimes, 'Hey you had a great career' and I'm like yeah, but not like my dad. ... He has the best winning percentage in the history of all basketball in the state of Ohio. So I'm honored to just kind of maybe tread a little bit like where my father's tread."
Huggins, who began his playing career at Conotton Valley, scored 2,438 points in high school — fourth most in Ohio history at the time of his graduation, just behind the 2,460 scored by Middletown legend Jerry Lucas.
Huggins now ranks 15th on the all-time list, as notable players such as Jon Diebler (3,208, 2004-07), Luke Kennard (2,977, 2011-15), Jay Burson (2,958, 1981-85), LeBron James (2,646, 1999-2003) and the late Mike Phillips (2,573, 1970-74) have since passed him.
Huggins got his first job as a college head coach at then Walsh College in 1980. He quickly turned the small Catholic college in North Canton into an NAIA powerhouse.
"His first year there, he was a game or two under .500," current Cavaliers head coach Jeff Young said. "By the third year he was undefeated and going to the national tournament."
Inheriting a program that had just four winning seasons, Huggins went 71-26 in three years at Walsh. He led the Cavaliers to their first conference championship in 1982. A year later, Walsh went 30-0 during the regular season and made the NAIA National Tournament for the first time. A first round loss to Salem completed a 34-1 season.
After leaving Walsh to become an assistant at Central Florida for a season, Huggins returned to Northeast Ohio in 1984 to become Akron's head coach. He took over a program coming off NCAA sanctions and by his second year, the Zips won the Ohio Valley Conference Tournament and qualified for the NCAA Tournament for the first time as a Division I program. A near upset of a Gary Grant-led Michigan team in the first round solidified Huggins as a rising star in the college coaching ranks.
Two trips to the NIT followed for Akron, including a loss at Ohio State in 1989 in what was Huggins' final game as Zips head coach before he moved to Cincinnati. He finished 97-46 in five seasons at Akron.
By 1992, Huggins had the Bearcats in the Final Four. By the end of the '90s, Cincinnati was a regular in the NCAA Tournament and in the Top 25 rankings. He won 75.9% of his games with the Bearcats.
Huggins and Cincinnati parted ways in 2005. After a year away from coaching, he returned to coach Kansas State for a season. He then went to West Virginia to cement his legacy as one of college basketball's top coaches.
Huggins' 2010 Mountaineers won the Big East title and reached the Final Four. In his 15 seasons at West Virginia, the program has made 10 NCAA Tournaments and reached five Sweet 16s.
Overall, in 40 years as a head coach, Huggins has guided teams to 25 NCAA Tournaments and won at least 20 games in a season 30 times, eclipsing 30 wins three times. | https://www.cantonrep.com/story/sports/college/basketball/2022/04/02/bob-huggins-naismith-basketball-hall-fame-class-2022-akron-walsh-cincinnati-west-virginia/7248422001/ | 2022-04-02T18:33:43Z |
A former head volleyball coach at Temple High School faces misdemeanor charges after she was videotaped drinking alcohol with minors.
Alyssa Monae Cataldo, 23, was arrested Tuesday afternoon and charged with three counts of purchasing/furnishing alcohol to minors, all Class A misdemeanors. She remained in the Bell County Jail Wednesday in lieu of $9,000 in bonds.
Her arrest came after Temple Police Department officers were conducting surveillance Tuesday on a home in the 3300 block of Bordon Drive in Temple.
“The warrants stem from an incident on May 16, 2022, where a video shows Cataldo consuming alcoholic beverages with minors,” Temple Police spokeswoman Nohely Mackowiak said.
Officers conducted a traffic stop when Cataldo left her residence and was informed of the warrants for her arrest, she said.
Cataldo was book into the jail Tuesday afternoon, records show.
Cataldo worked as the head volleyball coach and a physical education teacher at Temple High School. She was hired Aug. 2, 2021 and worked for the Temple Independent School District until Friday, district records show.
“TISD was made aware of an off-campus incident involving a now-former staff member (with) alcohol and minors,” district spokesman Jon Wallin said Wednesday. “The district immediately reported the incident to law enforcement and the staff member is no longer employed by TISD.”
The district announced May 12 that Anna Anderson, an educator with 12 years coaching experience, would be the new head coach of the Tem-Cat volleyball program. | https://www.tdtnews.com/news/central_texas_news/article_e3c0a2e0-e1ee-11ec-adc6-dbf6587aa70d.html | 2022-06-01T22:36:22Z |
Jaguars LT Robinson signs 1-year, $16.7M franchise tender
By MARK LONG
AP Pro Football Writer
JACKSONVILLE, Fla. (AP) — Jacksonville Jaguars left tackle Cam Robinson has signed his franchise tender that guarantees him $16.7 million this season. General manager Trent Baalke and new coach Doug Pederson have said repeatedly they hope to sign Robinson to a long-term deal. The former Alabama standout has started 61 games over five seasons since Jacksonville drafted him with the 34th overall pick in 2017. But he’s been far from one of the league’s best blind-side protectors. | https://localnews8.com/sports/ap-national-sports/2022/04/13/jaguars-lt-robinson-signs-1-year-16-7m-franchise-tender/ | 2022-04-13T21:02:57Z |
Cuteness advisory: The following story will contain adorable images that may be too much for readers to handle. Reader discretion is advised.
FORT WORTH (KDAF) — If you are still here after that cuteness advisory, here is a reward for your bravery. The Fort Worth Zoo has shared this photo of its newest kudu calf:
The zoo shared this image on its Twitter page over the weekend. The calf is a girl and they have not named her yet, but promise the public they will update us whenever they find a name for her.
“Meet the Zoo’s newest kudu calf born just last week. She’s spending time with mom as she grows stronger behind the scenes and learns about her surroundings. She spends most of the day lying or sleeping in her bed of hay. We’ll share more updates soon — including a name!” | https://cw33.com/news/local/fort-worth-zoo-announces-birth-of-adorable-kudu-calf/ | 2022-04-11T23:38:11Z |
CLEVELAND, June 15, 2022 /PRNewswire/ -- A new Freedonia Group analysis projects China and India to account for 40% of mineral wool insulation gains globally through 2025, driven by robust expansions of their nonresidential building stocks.
In addition, residential building construction in India will see rapid growth from a low base, as the pandemic suppressed construction in 2020.
Demand in both countries will also be bolstered by an increasing desire for acoustic insulation to reduce noise transmission in buildings.
The rest of the Asia/Pacific region will account for an additional 15% of global gains, supported by:
- continued production of industrial equipment and high-end motor vehicles, heavy machinery, and appliances in Japan and South Korea
- strong growth in HVAC equipment production, as the Asia/Pacific region will remain the leading regional manufacturer of these products
Global demand for mineral wool insulation is forecast to increase 3.8% per year to 10.0 million metric tons valued at $11.0 billion in 2025. Demand for mineral wool used in other applications – including ceiling tiles and such small volume applications as water filtration – is forecast to increase 4.9% per year to $2.4 billion. Going forward, growth in the global mineral wool market will be driven by:
- advances in nonresidential building construction, particularly in the Asia/Pacific and Africa/Mideast regions, and a global rebound in new residential building construction
- increasingly stringent energy efficiency and fire safety policies throughout the world, which often call for greater use of heat-resistant insulation
- the growing use of mineral wool for acoustic insulation to reduce noise pollution and improve worker safety as well as to meet consumer demand for quieter household appliances
- increasing access to air conditioning in developing countries, leading to rising levels of HVAC production and associated mineral wool insulation demand
- growth in high-end industrial equipment production in the US, Germany, Italy, Japan, and South Korea
Global Mineral Wool: Insulation & Other Applications provides historical data (2010, 2015, and 2020) and forecasts for 2025 and 2030 for mineral wool demand by application (in dollars) and market (in dollars and metric tons), net exports (in dollars), and production (in dollars) on a country-by-country basis. Demand in value terms is shown at the manufacturers' level and excludes distributor and retailer markups.
Applications:
- thermal insulation and fireproofing
- acoustic insulation and soundproofing
- ceiling tiles and panels
- small volume applications, such as hydroponics, filtration, EIFS (exterior insulation finishing systems), and green roofing
Markets:
- residential buildings (e.g., single-family and multifamily)
- nonresidential buildings (including, office, retail and lodging, institutional, and industrial buildings)
- industrial and plant equipment (e.g., power generation, oil and gas, petroleum refining, chemicals, food and beverages, pharmaceuticals)
- HVAC/air distribution equipment (including residential, commercial, and heating and air ducts)
- other markets (e.g., nonbuilding construction, appliances, transportation equipment)
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group | https://www.kxii.com/prnewswire/2022/06/15/china-amp-india-drive-global-mineral-wool-insulation-gains-through-2025/ | 2022-06-15T16:13:19Z |
‘It’s an $800 tip!’: Pizza server gets slice of kindness with generous tip from customers
PROVIDENCE, R.I. (WJAR) - A Rhode Island pizza shop server got served a surprise slice of kindness from some generous customers.
Since 1968, the Big Cheese Pub has been a customer favorite for things like handmade pizza and super subs.
The staff said they are also extremely close.
“We are just a big family. We tried to all look out for one another and do what’s best,” manager Kim Tierney said.
Waitress Jennifer Venancio, who’s a single mom of a 3-year-old, said this is a reason she is able to make it work.
“The Big Cheese works with us no matter what. Especially with my schedule,” Venancio said.
Last week, she said her Wednesday was a little rough, but it ended up being a great day.
“My first table was a super nice gentleman with his wife,” Venancio said. “The gentleman looked over his shoulder. He said, ‘Goodbye, have a nice day.’”
And after taking the bill from the table, she couldn’t believe what was written on the tip line.
“Jen told me someone left her a $600 tip. And I pulled the paper out, I said, ‘Well, I have better news for you, it’s not $600… it’s an $800 tip!’” Tierney said.
Venancio said she plans to pay bills and get her child a toy police vehicle. She also said she never got the couple’s name or any information, but their kindness melted her heart.
“Thank you, the money is very much appreciated. It helps out no matter what,” Venancio said.
Copyright 2022 WJAR via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/11/its-an-800-tip-pizza-server-gets-slice-kindness-with-generous-tip-customers/ | 2022-05-12T00:38:19Z |
ATLANTA, Aug. 31, 2022 /PRNewswire/ -- Newsy, the nation's only 24/7 TV news network available for free over the air, will devote hundreds of hours of airtime to special programming on mental health, beginning in September, in a series called "America's Breakdown: Confronting Our Mental Health Crisis." Through hyper-personal and thoughtful storytelling, Newsy will focus on how differently people may experience issues based on demographics and geography.
Special programming produced by Newsy, the Scripps national news team and Scripps Local Media will air across day- and night-time hours and include dozens of produced reports devoted to mental health, four weekly deep-dive specials, an original documentary and a 30-second PSA directing viewers to additional resources, all culminating in a town hall event with high-profile guests.
Newsy will compile all of its special programming, including mental health resources on Newsy.com. The reports will be available to view online after they air.
"A new study found rates of anxiety, depression and other mental health disorders have increased since the beginning of the pandemic. That results in the need to deeply examine how the country is dealing with the mental health crisis," said Kate O'Brian, Head of the News Group, Scripps Networks. "Newsy has committed hundreds of hours to this issue, which impacts the lives of every American, through relentless reporting. The result is a whole lot of stellar journalism."
Newsy packages include:
Mental health barbershops
Newsy spotlights an organization that equips barbers in shops across the country with mental health-related skills and resources to help clients, many of whom fear the stigma of going to therapy and asking for help.
Mental health and TikTok
TikTok has become a major platform for both mental health professionals and people seeking mental health guidance. Newsy speaks to Dr. Courtney Tracy, a psychotherapist and licensed social worker with 1.8 million followers on TikTok, about why she started making videos to talk about mental health from a professional and personal standpoint.
Classified workers
Intelligence community insiders are unable to discuss personal mental health issues to outside family or therapists due to classified nature and fear of stunting career growth. Newsy speaks to one former CIA officer about his alcoholism and sobriety.
Indigenous mental health care
Thousands of Native American children were forced to attend boarding schools created to strip them of their culture. Newsy speaks to a mother with PTSD who opens up about her abuse experience. Her daughter who cares for her feels generational trauma as a result. Newsy also talks to a psychiatrist about an indigenous approach to mental health care in this community.
Young shooters
Newsy speaks to a 16-year-old male, who tells Newsy he was almost a school shooter and takes viewers through the emotions and circumstances that drove him to buy a gun and nearly go on a rampage.
COVID and mental health
Newsy shares new research on how to treat neurological impacts of long haul COVID, including symptoms like fatigue, brain fog and cognitive impairment.
Opioid pellet treatment
Newsy speaks to "Growing Pains" actor Jeremy Miller, who shares his journey to overcome alcohol addiction and victory, after implanting an experimental pellet into his body to reduce alcohol cravings. Newsy will also give viewers a look at the race to make a long-lasting version of the pellet, designed to attack opioid addiction.
Newsy is owned by The E.W. Scripps Company (NASDAQ: SSP).
Learn more about how to tune into Newsy here.
About Newsy
Newsy (@Newsy) is the nation's only free 24/7 broadcast news network, serving viewers opinion-free national news from 14 news bureaus across the U.S. Newsy is available to more than 94% of U.S. television homes free and over the air with a digital antenna, on mobile with the Newsy app and online at Newsy.com. It is also carried on an expanding array of streaming devices and services, including Samsung TV Plus, Roku, Amazon Fire TV, Pluto TV, Apple TV, Sling, Vizio and Xumo. Newsy is part of The E.W. Scripps Company (NASDAQ: SSP).
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SOURCE The E.W. Scripps Company | https://www.wibw.com/prnewswire/2022/08/31/newsy-devote-hundreds-hours-special-programming-mental-health-starting-sept-6/ | 2022-08-31T19:28:55Z |
HAIFA, Israel, July 13, 2022 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ:ESLT) and (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at $660 million to provide intelligence systems for a country in Europe. The contract will be executed over a period of four years and includes an additional ten-year maintenance period.
Bezhalel (Butzi) Machlis, Elbit Systems President & CEO, commented: "This significant contract award is a testament to the edge and maturity of our technologies as well as to the trust that customers place with our solutions."
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels.
Company Contacts:
Joseph Gaspar, Senior EVP – Business Management
Tel: +972-77-2948661
j.gaspar@elbitsystems.com
Yaacov (Kobi) Kagan, EVP & Chief Financial Officer
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com
Rami Myerson, Director, Investor Relations
Tel: +972-77-2948984
rami.myerson@elbitsystems.com
David Vaaknin, VP, Head of Corporate Communications
Tel: +972-77-2946691
david.vaaknin@elbitsystems.com
IR Contact:
Ehud Helft
Kenny Green
GK Investor Relations
Tel: 1-646-201-9246
elbitsystems@gkir.com
This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company's future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.
Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.
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SOURCE Elbit Systems Ltd. | https://www.mysuncoast.com/prnewswire/2022/07/13/elbit-systems-awarded-660-million-contract-supply-intelligence-capabilities-country-europe/ | 2022-07-13T06:56:30Z |
PITTSBURGH, May 4, 2022 /PRNewswire/ -- PNC Bank, N.A. announced an increase in its prime lending rate. The new rate of 4.00% is effective tomorrow, May 5, 2022.
PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.
CONTACT:
Marcey Zwiebel
(412) 762-4550
media.relations@pnc.com
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SOURCE PNC Financial Services Group, Inc. | https://www.kxii.com/prnewswire/2022/05/04/pnc-bank-na-changes-prime-rate/ | 2022-05-05T02:00:45Z |
Product Updates Include Transparent View Mode Which Applies Translucency To Any PowerPoint And Google Slides You Bring Onscreen For A Fully Immersive Experience
SAN FRANCISCO, June 23, 2022 /PRNewswire/ -- Prezi, the leading presentation and collaboration software for video meetings, today announced that Prezi Video has surpassed 200,000 enterprise users, and is rolling out product updates that continue to advance 'on-screen' as the most seamless and engaging place to share content in video meetings.
New features include:
- Transparent View Mode - Import and display slides from PowerPoint or Google Slides alongside the presenter in transparent view for a more immersive experience
- Branded Name Tags and Lower Third - Brand the lower third of your screen with a Name Tag, text, logo and/or other visuals which can easily toggle on/off your screen
- Background Content Layer - Layer a virtual, blurred or branded background to your video feed while simultaneously presenting any type of content alongside them
The majority of Fortune 1000 companies are already using Prezi Video to bring any content with them onto their video feed in meetings, for more engaging virtual and hybrid meetings.
"Video meetings allow you to participate in a meeting from anywhere, and Prezi's role here is to unlock the content quality and engagement potential that only video can provide," said Jim Szafranski, chief executive officer, Prezi. "You can now bring any content on-screen with you, and Prezi Video automatically adjusts the transparency of your images to blend into the screen, as well as offering 3D layering and seamless branding for a more immersive, compelling meeting experience."
The product update was based on a recent survey of 478 of Prezi's enterprise, non-profit and education customers, who reported that more flexibility and customization are key to presenting content during video meetings. The top five priorities include:
- More flexibility in virtual styling and template options
- Ease of use for changing content sizing and positioning
- The ability to present content in front of a virtual background
- Animations and visual effects for slide transitions
- Expanded options for types of importable content
Prezi Video is fully integrated with all of the major video conferencing platforms, letting presenters easily bring video, slides, GIFs, images or on-screen text responses into their video feed on Zoom, Microsoft Teams, Google Meet, Webex and GoToMeeting. The new content layering features are available on Prezi Video for Web, Mac and Windows.
Prezi is the leading virtual presentation and collaboration solution for the digital workplace. Its signature offering, Prezi Video, is helping the majority of the Fortune 1000 to build more productive video meetings by letting participants bring their content with them onto any screen. Founded in 2009, Prezi has offices in San Francisco, Budapest, and Riga, with investors, including Accel, Spectrum Equity and TED conferences. For more information, please visit www.prezi.com.
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SOURCE Prezi | https://www.kxii.com/prnewswire/2022/06/23/prezi-video-passes-200000-organization-mark-rolls-out-new-features-survey-findings/ | 2022-06-23T14:44:03Z |
Tundra invests in youth to close the gender gap in STEM industries
TORONTO, May 19, 2022 /PRNewswire/ - Women now make up nearly half the workforce, but in some of the most important industries — Science Technology and Engineering and Mathematics (STEM) — female and non-binary peoples are still underrepresented. Tundra Technical, a global recruitment leader focused on hiring diverse talent for the world's most recognizable brands, remains committed to doing something about the disparity by kicking off the first of a new, post-Pandemic series of global mentorship events for young women in STEM called the Launchpad Project.
The Launchpad Project helps connect female and non-binary students to mentors across North America with its mentorship event last week and offer scholarship and co-op opportunities as part of the initiative. Women in 2019 also made up nearly half of those in all math (47%) and life and physical science (45%) occupation, according to the latest U.S. Census data. In Canada, among STEM graduates 25-34, only 23 per cent win degrees in engineering and just 30 per cent are math and computer science grads, according to StatsCan's National Household Survey.
At the event, Tundra awarded laptops, school gear, and five STEM scholarships were presented based on project plans created by Grades 11 and 12 students identifying a national problem and proposing innovative solutions with their STEM knowledge.
The winners and their topics were:
Mehar Sahota, New Westminster, B.C., "Solving Canada's Water Crisis Through Plant PsBs Expression."
Serena Zhang, Toronto, "Heat Waves in Vancouver: Solutions for this Silent and Deadly Disaster."
Stuti Garg, Calgary, "Blood.IO: the Two-pronged Solution to the Blood Donation Crisis."
Rochelle Beekman, Grand Prairie, Alta., "Enabling Bystanders to Treat the Casualties of a Diabetic Crisis."
Parmin Sedgh, Kingston, Ont., "A Multi-Faceted Approach to Sustainability: Financial Incentives Explored."
"These five students are the future of STEM, and we are so pleased to be able to help them jumpstart their education," said Tundra president Micah Williams. "By combining mentorship and scholarships, we hope to assist young women break through the glass ceiling one STEM career at a time. As DE&I leaders, hiring diverse talent for the world's most recognizable brands, we believe it's Tundra's duty to balance the workforce and help grow diversity in STEM studies and careers."
At the Launchpad event, a large group of high school and post-secondary students networked with local female STEM leaders across North America, in person and virtually, who provided valuable educational and career insights to guide students' progress in the field, throughout their transition into their first year and beyond. Young people considering STEM careers rarely have an opportunity to interact with successful and high-level STEM leaders, and with its event, Tundra made it possible.
Dr. Eugenia Duodu, TEDx Youth Speaker and CEO, Visions of Science Network for Learning, a charitable organization empowering youth from low-income communities through meaningful engagement in STEM, moderated a stellar panel of STEM leaders for Tundra's Launchpad. The panel also included Georgia Woods, Executive VP and CIO of Canada Life; Stephanie Sanchez, VP of Innovation at WorkJam and former Bombardier and Air Canada engineer; and Sukh Kaur, a director at Deloitte and founding member of nFormation, a High Performing Woman of Colour community in North America.
Applications for Tundra's next Launchpad Scholarship can be found at Scholartree.ca.
Follow Tundra Technical Solutions on LinkedIn for more insights.
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SOURCE Tundra Technical Solutions | https://www.mysuncoast.com/prnewswire/2022/05/19/tundra-technical-awards-stem-scholarships-young-women-across-canada-following-national-live-virtual-mentor-event/ | 2022-05-19T18:41:04Z |
ANCHORAGE, Alaska (AP) — A climber from Japan is presumed dead following a fall into a crevasse on Mount Hunter in Alaska’s Denali National Park and Preserve, officials said.
The park, in a statement, said a 43-year-old climber from Kanagawa, Japan, was unroped from his teammates when he fell through a weak ice bridge near their camp at approximately 8,000 feet (2,440 meters) on the southeast fork of the Kahiltna Glacier.
Mountaineering rangers with the park were notified of the fall, at the base of Mount Hunter’s North Buttress, late Tuesday, the statement said. A ranger rappelled into the crevasse as far as possible and found that the ice bridge collapse had filled the crevasse with a large volume of snow and ice, the statement said.
“The climber is presumed dead based on the volume of ice, the distance of the fall and the duration of the burial. The feasibility of a body recovery will be investigated in the days ahead,” the statement said.
Meanwhile, the park said it had recovered on Tuesday the body of Austrian solo climber Matthias Rimml following his death earlier this month on Denali, North America’s tallest peak. | https://cw33.com/news/u-s-news/ap-u-s-headlines/climber-from-japan-dies-after-crevasse-fall-in-alaska/ | 2022-05-19T08:50:17Z |
Did you lose money on investments in Volta? If so, please visit Volta Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, May 17, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Volta Inc. ("Volta" or the "Company") (NYSE: VLTA) between August 2, 2021 and March 28, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Northern District of California and alleges violations of the Securities Exchange Act of 1934.
Volta partners with real estate and retail businesses to locate and deploy its electric vehicle charging stations. The Company generates revenue from advertising on its content-driven charging stations, installing and maintaining the charging stations, and delivering electricity at the charging stations.
On March 2, 2022, after the market closed, Volta revealed that the financial impact of the restatement of its third quarter 2021 financial results - first announced after-market on February 25, 2022 - was greater than previously disclosed, with the Company expecting to report a net loss of $69.7 million for the quarter. On this news, the Company's share price fell $0.11, or 2.6%, to close at $4.01 per share on March 3, 2022.
Then, on March 21, 2022, Volta announced that it would reschedule its fourth quarter and full year 2021 financial results. On this news, the Company's share price fell $0.38, or 8.4% to close at $4.12 per share on March 21, 2022.
Finally, on March 28, 2022, Volta announced that its founders, Scott Mercer and Christopher Wendel, had resigned from their positions as CEO and President, respectively, and from the Board of Directors of the Company. On this news, the Company's share price fell $0.76, or 18%, to close at $3.37 per share on March 28, 2022, on unusually heavy trading volume.
Throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Volta had improperly accounted for restricted stock units issued in connection with the Business Combination; (2) that, as a result, the Company had understated its net loss for third quarter 2021; (3) that there were material weaknesses in the Company's internal control over financial reporting that resulted in a material error; (4) that, as a result of the foregoing, the Company would restate its financial statements; (5) that, as a result of the foregoing, Volta's founders would imminently exit the Company; (6) that, as a result, the Company's financial results would be adversely impacted; and (7) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased VLTA securities, and/or would like to discuss your legal rights and options please visit Volta Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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SOURCE Bernstein Liebhard LLP | https://www.wibw.com/prnewswire/2022/05/17/volta-inc-nyse-vlta-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-volta-inc-nyse-vlta/ | 2022-05-17T18:17:21Z |
Christopher Shaw to hold news conference with Attorneys and Rainbow PUSH Coalition
BEAUMONT, Texas, July 13, 2022 /PRNewswire/ -- Christopher Shaw, the 41-year-old black man who was paralyzed by a Beumont Police Officer while he was in custody for public intoxication on June 12, 2021, will join his attorneys and representatives from Rev. Jesse Jackson's Rainbow PUSH Coalition for an important announcement tomorrow (July 14, 2022) at 10:00 AM in front of Beumont's Federal Courthouse (300 Willow St, Beaumont, TX). Shaw is represented by renowned Civil Rights attorneys Harry Daniels (The Law Offices of Harry Daniels), Chimeaka White (The White Law Firm) and Chance Lynch (Lynch Law).
Body camera video of the incident shows that Shaw was handcuffed and restrained by deputies at the Jefferson County jail when Beaumont Police Officer James Gillen "body slammed" him onto the jail's concrete floor. Shaw, who posed no physical threat to Gillen or any of the officers present, landed on his head breaking his neck.
Shaw's attorneys have viewed the video while officials with the Beaumont Police Department has refused to release it publicly. Tomorrow's announcement follows national outrage over Randy Cox, the 36-year-old black man paralyzed while being transported by police in New Haven, Connecticut.
WHO
Christopher Shaw
Attorney Harry Daniels
Attorney Chimeaka White
Attorney Chance Lynch
The Rainbow PUSH Coalition
WHEN
10:00 AM on Thursday, July 14, 2022
WHERE
Jack Brooks Federal Building and United States Courthouse
(Front Steps)
300 Willow St. Beaumont, Texas
Tuesday's news conference will begin promptly at 10:00 AM. Media are asked to arrive no later than 9:45 AM.
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SOURCE The Law Offices of Harry M. Daniels LLC | https://www.mysuncoast.com/prnewswire/2022/07/13/black-man-paralysed-by-beaumont-officer-make-important-announcement/ | 2022-07-13T20:36:13Z |
SAN JOSE, Calif., May 4, 2022 /PRNewswire/ -- Cisco has scheduled a conference call for Wednesday, May 18, 2022, at 1:30 PM (PT); 4:30 PM (ET) to announce its third quarter fiscal year 2022 financial results for the period ending Saturday, April 30, 2022.
Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, May 18, 2022.
Cisco's quarterly earnings press release will be posted at newsroom.cisco.com.
Date:
Wednesday, May 18, 2022
Time:
1:30 PM (PT); 4:30 PM (ET)
To Listen via Telephone:
888-848-6507
212-519-0847 (for International Callers)
RSVP:
No RSVP is necessary
To Listen via the Internet:
We are pleased to offer a live and replay audio broadcast of the conference call with corresponding slides at https://investor.cisco.com.
Replay:
A telephone playback of the Q3 FY2022 conference call is scheduled to be available beginning at 4:00 PM (PT) on May 18, 2022, through 4:00 PM (PT) May 25, 2022. The replay will be accessible by calling 800-388-4923 (International callers: 203-369-3800). The call runs 24 hours/day, including weekends.
An archived version of the webcast will be available on Cisco's Investor Relations website at https://investor.cisco.com.
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Newsroom and follow us on Twitter.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
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SOURCE Cisco Systems, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/04/cisco-schedules-conference-call-q3-fiscal-year-2022-financial-results/ | 2022-05-04T22:02:54Z |
Federal judge strikes down Tennessee bathroom signage law
NASHVILLE, Tenn. (AP) — A federal judge on Tuesday struck down Tennessee’s first-of-its-kind law requiring businesses to post special signs if they allow transgender people to use the bathroom of their choice.
The ruling by U.S. District Judge Aleta Trauger makes permanent her previous decision from July 2021 that blocked enforcement of the law just days after it took effect. Businesses had sued over the law, arguing the signs would violate their First Amendment rights by compelling them to communicate language they find offensive.
In her latest decision, the judge deemed the law “a brazen attempt to single out trans-inclusive establishments and force them to parrot a message that they reasonably believe would sow fear and misunderstanding about the very transgender Tennesseans whom those establishments are trying to provide with some semblance of a safe and welcoming environment.”
The 2021 law was signed by Republican Gov. Bill Lee, who has approved a wide range of bills targeting the LGBTQ community with the support of the state’s GOP-controlled Legislature. In the past several years, Tennessee has enacted more anti-LGBTQ laws than almost any other state in the country, with five approved last year and more signed this year.
The signage law was quickly met by multiple federal lawsuits. It was inserted into the state building codes and threatened potential violators with a warning followed by a misdemeanor offense, punishable by up to six months in jail and up to a $500 fine. Officials had conveyed unclear messages about how the measure was going to be enforced.
The law would have required that signs be posted in bold, uppercase letters outside public multiperson bathrooms, locker rooms or changing rooms wherever transgender people are not prevented from using the facilities of their choice. The sign, topped by the word “Notice,” would say: “This facility maintains a policy of allowing the use of restrooms by either biological sex, regardless of the designation on the restroom.”
The law also applied to public facilities on government-owned grounds.
The state of Tennessee has argued in court that the signs are merely factual. A spokesperson for the state attorney general’s office did not immediately provide a comment in response to the ruling.
The law’s sponsor, Republican state Rep. Tim Rudd, has said the law was needed because he is concerned about sexual predators taking advantage of loose restroom policies to assault or rape other restroom users.
The judge, meanwhile, wrote that there was nothing in the legislative record or in the course of the court challenge provided as evidence for the claims of supposed risk of sexual assault or rape, and no reason to think the signs would address such an alleged issue.
She wrote that state officials were relying on an “imagined consensus on issues of sex and gender” and “have no authority to wish those opposing viewpoints away.”
Bob Bernstein and his restaurant company are plaintiffs in the case brought by the American Civil Liberties Union and its state chapter. Bernstein said Tuesday that the “government can’t just force people to post discriminatory, inaccurate, and divisive signs in their places of business.”
___
Kimberlee Kruesi in Nashville contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/17/federal-judge-strikes-down-tennessee-bathroom-signage-law/ | 2022-05-17T21:15:02Z |
NATO looks to ‘historic’ Madrid summit, with Sweden, Finland
By JOSEPH WILSON
Associated Press
BARCELONA, Spain (AP) — NATO Secretary-General Jens Stoltenberg says next month’s NATO summit in Madrid will be a “historic” opportunity to strengthen the alliance in the face of Russian aggression against Ukraine. Stoltenberg spoke Monday at a gala in Madrid to mark Spain’s 40th year as a NATO member. He said he looked forward to welcoming Sweden and Finland at the summit hosted by Spain’s capital on June 29-30. But Turkey, which has the second-largest force in NATO after the U.S., is reluctant to open the doors to Sweden and Finland. Stoltenberg did not address that significant obstacle. He says “the Madrid summit is an important opportunity to reaffirm our NATO values.” | https://localnews8.com/news/2022/05/30/nato-looks-to-historic-madrid-summit-with-sweden-finland/ | 2022-05-30T13:04:50Z |
On the sidelines of the World Economic Forum Annual Meeting, the UAE-based private healthcare services platform commits 50 pediatric stem cell transplantations to refugees of the Ukraine conflict
DAVOS, Switzerland, May 24, 2022 /PRNewswire/ -- The UAE-based VPS Healthcare has announced the launch of Burjeel Holdings on the sidelines of the World Economic Forum Annual Meeting in Davos on Sunday to consolidate its healthcare offerings in the UAE, Oman, and across the GCC. As an intermediary holding company established under VPS Healthcare, Burjeel Holdings will build on the organization's legacy of providing an unparalleled continuum of compassionate care across its network of hospitals, specialized clinics, and allied services.
"Burjeel Holdings enables us to consolidate our healthcare offerings under one platform to create an integrated ecosystem, which will continue our vision to offer end-to-end health solutions under a single window. As we embark on our expansion journey, the platform will provide the foundation to scale up operations in new geographies in the GCC and beyond. It will also enable us to take strategic corporate actions needed to drive our future growth," said Dr. Shamsheer Vayalil, Chairman and Managing Director, VPS Healthcare. "We are proud to launch this exciting next phase of growth on the sidelines of the World Economic Forum Annual Meeting in Davos as a representation of our vision to explore, expand, and grow our capabilities."
Burjeel Holdings will operate nearly 60 assets catering to all socio-economic segments across a range of brands, including Burjeel Hospitals, Medeor Hospital, LLH Hospital, Lifecare Hospital, and Tajmeel. Its flagship facility, Burjeel Medical City, is the largest private hospital in the UAE and the only ESMO-accredited center. In addition to having renowned world-class centers of excellence, Burjeel Holdings consolidates the largest diagnostic network in the UAE and the largest comprehensive cancer center in the nation. Burjeel Holdings will be instrumental in continuing VPS Healthcare's mission of delivering quality and inclusive medical care to people around the world.
Connecting care, scale, and community to benefit refugees from Ukraine
Dr. Shamsheer began his entrepreneurial career with a vision to ensure healthcare equity. In his journey towards fulfilling this vision, he has also focused on outreach through humanitarian efforts. Alongside the launch of Burjeel Holdings, Dr. Shamsheer, a highly regarded philanthropist, announced a commitment of 50 pediatric stem cell transplantations to support Ukraine as well as additional support on behalf of those who join the pledge of support at Burjeel House in Davos.
Dr. Shamsheer and VPS Healthcare have been at the forefront of many humanitarian initiatives over the last 15 years. In 2018, VPS Healthcare enabled the treatment of Yemeni war victims at its hospitals in India. The organization offered the '100 Free Heart Surgeries' initiative for those in need as a tribute to the late H.H. Sheikh Zayed bin Sultan Al Nahyan.
"I am pleased to announce our commitment of support for those affected by the conflict in Ukraine. This contribution is being made toward the important task of rebuilding a strong community in the war-torn region. We have seen that children, especially those undergoing cancer treatment, are suffering the most in this very unfortunate conflict. Burjeel Holdings will look to provide them with the care they desperately need," said Dr. Shamsheer.
VPS Healthcare announced the launch of Burjeel Holdings and its commitment to supporting the Ukrainian refugees at the Burjeel House on the sidelines of the World Economic Forum Annual Meeting in Davos. The Burjeel House will convene intentional, collaborative dialogues on topics like catalyzing equitable health training, and advancing medical innovation.
Contact:
M Unnikrishnan
krish@vpshealth.com
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SOURCE Burjeel Holdings | https://www.mysuncoast.com/prnewswire/2022/05/24/uae-powerhouse-vps-healthcare-launches-burjeel-holdings-scale-next-generation-its-growth/ | 2022-05-24T12:55:22Z |
Industry veteran will help accelerate Company's drive to create transformative therapies for drug resistant cancers by controlling the p27 target
BROOKLYN, N.Y., June 2, 2022 /PRNewswire/ -- Concarlo, a preclinical biotechnology company whose mission is to dramatically improve outcomes for patients with drug-resistant cancers by creating transformative therapies that control the p27 target, has appointed Dr. Krishna Allamneni as the Company's Chief Development Officer. Dr. Allamneni will lead Concarlo's internal pipeline development of therapeutics, and direct its strategy from target discovery to clinical trials and regulatory filings. As part of her role, she will also strategically manage and protect the company's IP assets.
Despite many important advances, drug resistance is one of the major reasons for the more than 600,000 deaths in America each year from cancer. Based on Concarlo's insights and research on p27 biology, the Company's therapeutics will avoid the problem of resistance and toxicity by targeting p27 directly, to indirectly inhibit two main drivers of cancer progression, CDK4/6 and CDK2.
"Dr. Allamneni will play an instrumental role in Concarlo's cutting-edge approach to clean up what precision oncology leaves behind," said Dr. Stacy Blain, Concarlo's Co-Founder, Chief Scientific Officer. "Krishna's deep expertise and track record will enable Concarlo to harness our decades of research in the field of cancer treatment to target a unique cellular pathway to kill–-not just stop the growth of—tumor cells," added Dr. Blain.
Dr. Allamneni has more than twenty years of R&D experience, including roles at Turning Point Therapeutics, Jazz Pharmaceuticals, and Roche/Genentech. She brings deep and broad experience to her role, with more than 20 IND/IMPD submissions, 6 NDA/MAA approvals, and a track record of efficiently developing therapeutic candidates of various modalities. Her global regulatory experience includes interactions with FDA, MHRA, BfArM, ANSM, PMDA, Health Canada, TGA, and others during the clinical development, partnership, and commercialization phases of development. Additionally, she serves as a scientific program committee member of the Society of Toxicology and was a former elected official of the American College of Toxicology.
"I am energized to join Concarlo and help achieve its vision to create a world of possibility, hope and time by making cancer a treatable, manageable and survivable condition," said Dr. Allamneni. "I look forward to working collaboratively and cross-functionally to guide and accelerate the patient benefits of Concarlo's innovative approach to treating drug-resistant cancers," added Dr. Allamneni.
Concarlo www.concarlo.com is a preclinical biotech company whose mission is to transform the treatment of all drug-resistant cancers by leveraging the unique characteristics of the p27 target. The company is female-founded and led, with a team of world-class scientists, drug developers, and scientific advisors. Despite many important advances in precision oncology, drug-resistance remains one of the major reasons for the more than 600,000 cancer deaths in America each year. Concarlo is harnessing decades of research and experience to clean up what precision oncology leaves behind by targeting a unique cellular pathway. We are driven by our vision of creating a world of possibility and time, where cancer is a treatable, manageable and survivable condition.
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SOURCE Concarlo Therapeutics | https://www.mysuncoast.com/prnewswire/2022/06/02/concarlo-expands-executive-leadership-team-with-appointment-dr-krishna-allamneni-chief-development-officer/ | 2022-06-02T15:52:21Z |
TORONTO, April 8, 2022 /PRNewswire/ - Spin Master Corp. (TSX: TOY) (www.spinmaster.com), a leading global children's entertainment company, has won The Golden Screen Award for Feature Film, presented by the Academy of Canadian Cinema & Television, for its box office hit PAW Patrol: The Movie. The Golden Screen Award recognizes the Canadian film that grossed the highest domestic box office over the time period of Jan 1, 2021 to Feb 24, 2022. The first feature film for Spin Master Entertainment, in association with Nickelodeon Movies and distributed by Elevation Pictures in Canada (Paramount Pictures in rest of world), PAW Patrol: The Movie grossed over $7.5 million in Canadian box office sales and $152 million to date globally.
Now in its ninth year, preschoolers in over 190 countries have gone on countless adventures in over 30 languages with the PAW Patrol pups – all produced right here in Canada. PAW Patrol: The Movie stayed true to these roots with more than 90% of the production being completed in Canada. The movie was directed by Canadian animation veteran Cal Bunker; written by Bunker and his writing partner Bob Barlen, animated by Montreal based Mikros Studio and brought to life with Canadian voice actors from the original series. As a nod to its heritage, the opening scene involves Chase rescuing truck driver Gus from a conundrum while transporting maple syrup.
"When setting out to tell a deeper PAW Patrol story we were passionate about working with the best Canadian talent to create our first theatrical," said Jennifer Dodge, Spin Master's President of Entertainment. "Winning the Golden Screen Award is a powerful tribute to the exceptional team of Canadian writers, voice actors, animators and producers who worked tirelessly to bring PAW Patrol: The Movie to the big screen. Thanks to the Academy for this recognition and to all the kids and families, who enjoyed this film, here in Canada and abroad."
PAW Patrol continues to be on a roll with a second feature film, PAW Patrol: The Mighty Movie™, greenlit for an exclusive theatrical release, distributed by Elevation Pictures in Canada, on October 13, 2023. A new PAW Patrol television series spin-off for Rubble, one of the main pups, is also set to debut in the same year.
In addition to receiving The Golden Screen Award, Spin Master's PAW Patrol won Best Pre-School Program/Series and PAW Patrol Moto Pups: Pups vs the Ruff-Ruff Pack won Best Sound, Animation. PAW Patrol: The Movie was also nominated for Canadian Screen Awards in the categories of Achievement in Sound Editing and Achievement in Sound Mixing.
About Spin Master
Spin Master Corp. (TSX:TOY) is a leading global children's entertainment company, creating exceptional play experiences through its three creative centres: Toys, Entertainment and Digital Games. With distribution in over 100 countries, Spin Master is best known for award-winning brands PAW Patrol®, Bakugan®, Kinetic Sand®, Air Hogs®, Hatchimals®, Rubik's Cube® and GUND®, and is the global toy licensee for other popular properties. Spin Master Entertainment creates and produces compelling multiplatform content, through its in-house studio and partnerships with outside creators, including the preschool franchise PAW Patrol and numerous other original shows, short-form series and feature films. The Company has an established presence in digital games, anchored by the Toca Boca® and Sago Mini® brands, offering open-ended and creative game and educational play in digital environments. Through Spin Master Ventures, the Company makes minority investments globally in emerging companies and start-ups. With over 30 offices in close to 20 countries, Spin Master employs more than 2,000 team members globally. For more information visit spinmaster.com or follow-on Instagram, Facebook and Twitter @spinmaster.
About Elevation Pictures
Founded in 2013 with finance partner Teddy Schwarzman of Black Bear Pictures, Elevation Pictures has become one of Canada's leading entertainment companies specializing in distribution and production. Elevation is known for releasing award-winning films such as The Imitation Game starring Benedict Cumberbatch; Room starring Brie Larson; The Father starring Anthony Hopkins; and Moonlight, winner of three Academy Awards including Best Picture. The company has also been prolific in production, including recently wrapped Alice Darling starring Anna Kendrick, and Infinity Pool directed by Brandon Cronenberg. For more information, please visit elevationpictures.com
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SOURCE Spin Master Corp. | https://www.mysuncoast.com/prnewswire/2022/04/09/spin-master-entertainment-brings-home-golden-screen-award-paw-patrol-movie-presented-by-academy-canadian-cinema-amp-television/ | 2022-04-09T06:39:28Z |
NEW YORK, June 3, 2022 /PRNewswire/ -- BBF Inc. has announced that 'Baby Shark BubbleFong Friends' NFTs will be released on the Binance NFT, the official NFT marketplace of Binance, on the 10th of this month. Featuring the beloved characters of Pinkfong Wonderstar, these will be the first collection of the 'Baby Shark BubbleFong Friends' NFTs.
For its first collaboration with Binance NFT, BBF Inc. plans to release 2,504 Mystery Box NFTs featuring the adorable characters from Pinkfong Wonderstar, the hit 3D animated series of The Pinkfong Company, on the Binance NFT on the 10th. The Binance NFT Mystery Box 'Baby Shark BubbleFong Friends NFTs' is designed to enable Play-to-earn and token mining within the game. Detailed sales and event information will be released later on the Binance NFT official website and social media channels.
'Baby Shark BubbleFong Friends' is a P2E game developed by Day1 Entertainment based on the Pinkfong Baby Shark IP, the world-renowned IP of The Pinkfong Company, after Day1 Entertainment entered into a license agreement with The Pinkfong Company.
Meanwhile, 'Baby Shark BubbleFong Friends' is currently holding a Pre-Registration Event through the official Pre-Registration page (bbfpreregistration.io/) for global user. Those interested can find detailed information about the event on the website and through community channels.
'Baby Shark BubbleFong Friends' is a classic arcade bubble shooter P2E game that is fun and easy to enjoy. Along with various game contents, it is scheduled to be released globally within the first half of this year except South Korea, Vietnam, Singapore, North Korea, and China pursuant to the regulations of each country.
BBF Inc.
BBF Inc. is a U.S.-based operating corporation that oversees the global operation and business of P2E game Baby Shark BubbleFong Friends.
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SOURCE BBF Inc. | https://www.mysuncoast.com/prnewswire/2022/06/03/baby-shark-bubblefong-friends-nfts-first-sale-binance-nft/ | 2022-06-03T13:06:06Z |
Instant Voice-To-Text Transcription on All Recorded Video
TORONTO, Aug. 3, 2022 /PRNewswire/ -- vidThat is on a mission to transform, simplify and inspire visual communication towards achieving better understood messaging with beautiful short videos made superfast on the iPhone. Turn any image(s) on the iPhone into instant video and immediately synchronize with a user's voice: then quickly send the message on the vidThat instant messenger. Imagine video made with still images looking like it was originally recorded as quality video.
Click here to download vidThat to an iPhone.
James Tran, Founder and CEO of vidThat says, "We made video storytelling easy by auto-transcribing all voice over recordings as text for all videos. Users can choose to include or not include subtitles in the finished video."
Your voice is automatically shown as a text caption on any video you make with vidThat. If you choose, you can make slight or major changes to the sound of your recorded voice. To get the best representation of your video message inside the vidThat Video Messenger, you can quickly select from the many pre-set filters and apply to your video image thumbnail which is shown in the vidThat Video Messenger.
Our proprietary video file system lets your friends and teammates, immediately video-reply to your video messages that you sent them through vidThat. This automatically deploys the same visual assets (still images and/or a variety of short video clips) from the video that you originally sent. Your contact can use these assets for their own instant video reply. This back-and-forth video sharing will inspire you and your friends to collaborate more easily on anything and in addition, effortlessly cocreate any video.
Our save to draft system automates your video creation, where the same visual content is a requirement for multiple voice recordings. Your productivity will transform as you effortlessly scale your personal touch with all your contacts.
vidThat is currently free in the App Store, and vidThat will help everyone use visual and audio storytelling in the fastest and easiest way possible inside what is believed to be the world's first instant videoization messenger. vidThat iOS is grateful to be funded and supported by the Canada Media Fund.
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SOURCE vidThat | https://www.mysuncoast.com/prnewswire/2022/08/03/vidthat-voice-to-text-all-video/ | 2022-08-03T19:13:55Z |
Versapay's "The State of Digitization in B2B Finance" reveals that digitization efforts in the AR department are not solving core accounts receivable problems in the transaction experience.
NATIONAL HARBOR, Md., June 7, 2022 /PRNewswire/ - Versapay, the leader in Collaborative Accounts Receivable (AR), published a new report today from the 2022 Gartner® CFO and Finance Executive Conference. "The State of Digitization in B2B Finance" report reveals that when customer experience issues are not factored into AR digitization projects, it hurts the bottom line.
The report surveyed 1,000 C-level executives at companies with a minimum annual revenue of $100m on their accounts receivable digital transformation efforts. The findings showed that 82% of executives say their company lost revenue due to miscommunication in the invoice-to-cash cycle, leaving money on the table and damaging customer relationships.
"The State of Digitization in B2B Finance" found that 92% of executives surveyed agreed that to reach peak performance, every department in the organization needs to be digitized. However, 60% of executives also agree that AR departments have not been prioritized for digitization as much as other departments. While there is significant AR digitization work left to do, this also presents an opportunity as executives can eliminate costly miscommunications and enhance their customer experience by making sure to include digital collaboration in their AR transformation projects.
"Without the customer at the forefront of every digitization project, including accounts receivable automation, many companies are leaving money on the table," said Craig O'Neill CEO at Versapay. "It's imperative to move digitization efforts beyond just improving efficiency. Efficiency is important to be sure, but there needs also to be a focus on transparency and collaboration in the transaction experience, which will lead to faster payments and more satisfied customers as well."
Other highlights:
- 78% of executives say payment conflicts could have been avoided with better communication
- 73% of executives say the invoice-to-cash process can negatively affect a customer's experience
- 65% of executives say transparency and collaboration between AR and customers would reduce invoice disputes
- 64% of executives say that invoice disputes resulted in the threat of a lawsuit (38%), or escalated to full-blown litigation (32%)
For more details and insights regarding the survey results download the full "The State of Digitization in B2B Finance" report here.
About Versapay
Versapay is the leader in Collaborative Accounts Receivable. The Versapay Collaborative AR Network is the first solution that empowers the genius of teams by bridging the gap between suppliers and buyers through a shared, digital experience. Owned by Great Hill Partners, Versapay is based in Toronto with offices in Atlanta, London, Amsterdam, Sydney, and Miami. With 8,000+ clients and 800,000+ buyers engaged, Versapay handles 40+ million new invoices and drives $60+ billion in global payment volume annually. Join the conversation at twitter.com/Versapay and linkedin.com/company/versapay.
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SOURCE VersaPay Corporation | https://www.kxii.com/prnewswire/2022/06/07/disconnects-invoice-to-cash-cycles-harm-companies-financial-health-customer-experience-according-versapay-report/ | 2022-06-07T13:15:42Z |
ROCKVILLE, Md. and SUZHOU, China, Aug. 23, 2022 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures, and commercializes high-quality medicines for the treatment of oncology, autoimmune, metabolic, ophthalmology and other major diseases, announced that the first patient dosing in Australia for its proprietary PD-1/IL-2 bispecific antibody fusion protein (R&D code: IBI363) in Phase I clinical trial for the treatment of patients with advanced solid tumors or lymphomas. It is first candidate drug to conduct clinical trial in Australia in Innovent's pipeline.
The study (NCT05290597) is an open-label, multi-center Phase I study evaluating the safety, tolerability, and preliminary efficacy of IBI363 in subjects with advanced solid tumors or lymphoma, and to determine the recommended Phase 2 dose (RP2D).
Interleukin 2 (IL-2), a cytokine secreted mainly by antigen-activated CD4 + T cells , is vital for maintaining CD4 + regulatory T cell (Treg) level, CD4 + T cell differentiation, and maintaining CD8 + T cell and natural killer cell activity. IL-2 was the first cytokine to be discovered and identified as playing a pivotal role in T-cell growth and expansion. Aldesleukin (IL-2) was approved by U.S. Food and Drug Administration for metastatic renal cell carcinoma and metastatic melanoma in the early 1990s, but it has not been widely used in clinic due to poor selectivity, narrow therapeutic window, and side effects.
IBI363, potential First-in-Class candidate drug, was independently developed by Innovent. Its active ingredient is PD-1/IL-2 bispecific antibody fusion protein. The IL-2 arm of IBI363 has been engineered to maximize efficacy and reduce toxicity, whereas the PD-1 binding arm achieves PD-1 blockade and selective IL-2 delivery. Therefore, IBI363 has both functions of simultaneously blocking PD-1/PD-L1 pathway and activating IL-2 pathway, allowing more precise and efficient targeting and activation of tumor specific T cells. IBI363 not only showed promising anti-tumor activity in a variety of tumor-bearing pharmacological models, but also exhibited prominent antitumor efficacy in PD-1 resistant and metastatic models; meanwhile, IBI363 demonstrated a good safety profile in preclinical in vivo models.
Dr. Morteza Aghmesheh, Southern Medical Day Care Centre Located in New South Wales, Australia, stated: "Wild type IL-2 is clinically validated as monotherapy, but limited by toxicity and low response rate due to poor selectivity. IBI363, a novel PD-1/IL-2 bispecific molecule, designed to selectively activates PD-1 positive T cells by cis-activating IL-2, but not PD-1 negative bystanders or naïve T cells, with the potential to significantly decrease toxicity related to IL-2 and potentially overcome immunotherapy resistance. We look forward to the positive results in the safety/tolerability and efficacy of IBI363 in the clinic."
Dr. Hui Zhou, Senior Vice President of Innovent, stated: "Most patients will develop primary or secondary resistance after treatments of immune checkpoint inhibitors. At present, treatment options are limited upon progression after immunotherapy, and there is a huge unmet clinical needs. IBI363, developed by scientists at Innovent Academy, can enhance anti-tumor immune response by reversing T cell exhaustion, improving the efficacy of immune checkpoint inhibitors especially for patients with resistance to immunotherapy or "cold tumors", while minimizing IL -2 related side effects. We are pleased that the first patient dose of IBI363 has been completed in Australia. In parallel, the IND for IBI363 has been approved by NMPA in China. We are looking forward to the positive results of IBI363 in patients with advanced solid tumors or lymphoma. IBI363 is our first molecule to initiate clinical study in Australia, which marks a solid step of Innovent's global innovation strategy. The company will also accelerate the development of more innovative molecules with high global potential, taking advantage of cross-regional R & D and clinical resources, adhering to the long-term development strategy of "driven by innovation, developed through globalization" with an aim to benefit cancer patients worldwide."
About IBI363
IBI363, potential First-in-Class candidate drug, was self-developed by Innovent. Its active ingredient is PD-1/IL-2 bispecific antibody fusion protein, which simultaneously blocks PD-1/PD-L1 pathway and activates IL-2 pathway to stimulate T cell activation and proliferation, thus killing tumor cells and inhibiting tumor growth. Currently, Phase 1 studies of IBI363 are conducted in China and Australia (NCT05460767, NCT05290597) to assess the safety, tolerability, and preliminary efficacy of IBI363 in subjects with advanced solid tumors or lymphoma, and to determine the recommended Phase 2 dose (RP2D).
About Innovent
Inspired by the spirit of "Start with Integrity, Succeed through Action," Innovent's mission is to develop, manufacture and commercialize high-quality biopharmaceutical products that are affordable to ordinary people. Established in 2011, Innovent is committed to developing, manufacturing and commercializing high-quality innovative medicines for the treatment of oncology, autoimmune, metabolic, ophthalmology and other major diseases. On October 31, 2018, Innovent was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code: 01801. HK.
Since its inception, Innovent has developed a fully integrated multi-functional platform that includes R&D, CMC (Chemistry, Manufacturing, and Controls), clinical development and commercialization capabilities. Leveraging the platform, the company has built a robust pipeline of 34 valuable assets in the fields of cancer, autoimmune, metabolic, ophthalmology and other major therapeutic areas, with 7 products approved for marketing in China – TYVYT® (sintilimab injection), BYVASDA® (bevacizumab biosimilar injection), SULINNO® (adalimumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection), Pemazyre® (pemigatinib oral inhibitor), olverembatinib (BCR-ABL TKI) and Cyramza® (ramucirumab), 3 assets under NMPA NDA review, 4 assets in Phase 3 or pivotal clinical trials, and an additional 20 molecules in clinical studies.
Innovent has built an international team with advanced talent in high-end biological drug development and commercialization, including many global experts. The company has also entered into strategic collaborations with Eli Lilly and Company, Sanofi, Adimab, Incyte, MD Anderson Cancer Center, and other international partners. Innovent strives to work with many collaborators to help advance China's biopharmaceutical industry, improve drug availability and enhance the quality of the patients' lives. For more information, please visit: www.innoventbio.com.
Note:
TYVYT® (Sintilimab Injection) is not an approved product in the United States.
BYVASDA® (bevacizumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection), and SULINNO® (adalimumab biosimilar injection) are not approved products in the United States.
TYVYT® (sintilimab injection, Innovent)
BYVASDA® (bevacizumab biosimilar injection, Innovent)
HALPRYZA® (rituximab biosimilar injection, Innovent)
SULINNO® (adalimumab biosimilar injection, Innovent)
Pemazyre® (pemigatinib oral inhibitor, Incyte Corporation). Pemazyre® was discovered by Incyte Corporation and licensed to Innovent for development and commercialization in Mainland China, Hong Kong, Macau and Taiwan.
CYRAMZA® (ramucirumab, Eli Lilly). Cyramza® was discovered by Eli Lilly and licensed to Innovent for commercialization in Mainland China.
Disclaimer:
1. This indication is still under clinical study and hasn't been approved in China.
2. Innovent does not recommend the use of any unapproved drug/indication.
Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent, are intended to identify certain of such forward-looking statements. Innovent does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of Innovent with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond Innovent's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, Innovent's competitive environment and political, economic, legal and social conditions.
Innovent, the Directors and the employees of Innovent assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialize or turn out to be incorrect.
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SOURCE Innovent Biologics | https://www.kxii.com/prnewswire/2022/08/24/innovent-announces-first-patient-dosing-australia-phase-1-study-ibi363-pd-1il-2-bispecific-antibody-fusion-protein-patients-with-advanced-malignancies/ | 2022-08-24T00:21:22Z |
With inflation driving up the cost of nearly everything in the US, a growing number of Americans are crossing the border to make Mexico City their new home. Some expats are fleeing their expensive cities in search of cheaper rent and a better quality of life, but locals say gentrification is now pricing them out and forcing them to leave.
Here's what you need to know to Get Up to Speed and On with Your Day.
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1. Ukraine
The US government is urging Americans in Ukraine to leave the country immediately, warning that Russia is stepping up efforts to launch attacks on civilian infrastructure and government facilities in the coming days. The renewed US warning follows similar announcements from Ukrainian President Volodymyr Zelensky and other officials that Moscow may carry out intense attacks, including missile strikes, to coincide with Ukraine's Independence Day on Wednesday. In some areas of Ukraine, officials have issued a ban on all large gatherings between Monday and Thursday. Meanwhile, discussions are ongoing to try to secure the release of Americans Brittney Griner and Paul Whelan from Russia, US State Department spokesperson Ned Price said Monday, adding that officials are working "with the utmost urgency."
2. Primaries
Primary season picks up again today with voters in Florida, New York and Oklahoma heading to the polls. In Florida, two Democrats are facing off in a closely-watched governor's race primary, and the winner will have a chance to challenge Republican Gov. Ron DeSantis in November. Voters in New York will cast their votes in several Democratic races today after the state's redistricting process pushed the congressional primaries from June to August -- and left some House incumbents in vulnerable positions. Oklahoma will also hold primary runoffs today, including the GOP contest for the special Senate election to replace Sen. Jim Inhofe when he resigns in January.
3. Student loans
The White House is leaning toward canceling $10,000 in student loan debt for borrowers who make less than $125,000, according to sources familiar with the discussions. In addition to student loan debt forgiveness for people who fall below a certain income level, administration officials have also recently discussed the possibility of additional forgiveness for specific subsets of the population. The announcement could come as early as Wednesday, but it is not clear that a final decision on the details or the timing has been made. The White House is also expected to address in the coming days whether to extend again the current pause on federal student loan payments, which is set to expire on August 31.
4. Covid-19
Pfizer and BioNTech have submitted their application to the FDA for emergency use authorization of their updated Covid-19 vaccine booster that specifically targets Omicron subvariants BA.4 and BA.5. If approved, the updated vaccine could be available to the public by early- to mid-September, according to White House officials. The new booster, which was designed for use in people age 12 and older, demonstrated a "strong neutralizing antibody response" against various Omicron variants, the companies said, citing pre-clinical data. A clinical study is expected to start this month. Separately, Dr. Anthony Fauci announced Monday that he is departing his government roles in December after decades as the nation's top infectious disease expert.
5. NASA
NASA's historic Artemis I rocket is ready to launch to the moon and back. After a review was conducted on Monday, the Artemis team received the "go" to launch the rocket and Orion spacecraft on Monday. It will be NASA's first return to the moon in 50 years. Once it launches, the uncrewed spacecraft will orbit around the moon, traveling 1.3 million miles over the course of 42 days. Artemis I will splash down in the Pacific Ocean off the coast of San Diego on October 10, NASA says. Orion's return will be faster and hotter than any spacecraft has ever experienced on its way back to Earth. This mission will kick off NASA's Artemis program, which aims to return humans to the moon and land the first woman and first person of color on the lunar surface by 2025 -- and make way for human exploration of Mars.
BREAKFAST BROWSE
Will Smith vs. Tarantula
"We're selling the house." Watch actor Will Smith encounter a massive creepy crawler walking through one of his rooms. Eeeek.
William and Kate are moving the family to give children a 'normal' life
Prince William, Kate and their three children are moving out of London and into a four-bedroom house to live a more "normal" family life.
Tom Brady returns to Buccaneers training camp after an 11-day absence
"Missed you guys." It's uncommon for NFL players to leave during preseason training camp, but of course, exceptions can be made if you're Tom Brady.
Chinese censors change ending of latest 'Minions' movie
The ending of the recent animated film "Minions: The Rise of Gru" looks a little different in China. Here's why.
Welcome to Miniatur Wunderland
Check out this interesting place where you'll find tiny replicas of some of the world's most popular destinations: Venice, Machu Picchu and Las Vegas, to name just a few.
TODAY'S NUMBER
1,485
That's how many US flights were canceled nationwide on Monday, according to the flight tracking website FlightAware. Dallas-Fort Worth International Airport has been particularly hard hit after hundreds of flights to and from the area were canceled due to heavy rains and flooding. The major flood threat will begin to subside in the region today as the storms shift eastward toward Louisiana and Mississippi.
TODAY'S QUOTE
"This matter has captured the attention of the American public."
-- Former President Donald Trump's legal team, asking a federal judge to appoint a "special master" -- a third-party attorney -- to ensure the Justice Department returns any of Trump's private documents seized during the search of his Mar-a-Lago residence two weeks ago. According to the new lawsuit filed on Monday, the former President argues his constitutional rights were violated and that there may have been privileged materials seized. The new suit marks the first legal filing by Trump's team after FBI agents carried out their search on August 8.
TODAY'S WEATHER
AND FINALLY
Take a virtual vacation to Egypt
This high-definition video of Egypt may actually make you feel like you're sightseeing amid the pyramids and temples. Enjoy! (Click here to view)
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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Learn the history and trivia of various dog breeds with Stacker's compilation of real 'Jeopardy!' questions. Click for more. | https://www.albanyherald.com/news/5-things-to-know-for-august-23-ukraine-primaries-student-loans-pandemic-nasa/article_06628649-2c34-5a82-a73f-796edd267433.html | 2022-08-23T11:09:46Z |
BALTIMORE (AP) — Down by three touchdowns, Tua Tagovailoa and his speedy Miami receivers raced past the Baltimore Ravens in a stirring fourth-quarter comeback.
Even Lamar Jackson couldn’t keep up.
Tagovailoa threw for 469 yards and six touchdowns, four of which came during the final period, and the Dolphins rallied from a 21-point deficit to beat Jackson and the Ravens 42-38 on Sunday.
Tagovailoa’s 7-yard touchdown pass to Jaylen Waddle with 14 seconds left completed the incredible comeback after Miami trailed 35-14 with under 13 minutes remaining.
“This just shows the resiliency of our team,” Tagovailoa said. “You look at the big picture of it, the confidence goes up.”
Through his first two seasons with Miami, Tagovailoa was adequate but not exactly a star. So this performance was huge for the Dolphins, who improved to 2-0 under new coach Mike McDaniel. This was Tagovailoa’s first 400-yard passing game, and his six TDs tied a team record held by Bob Griese and Dan Marino.
“I think it was a moment he’ll never forget and can use it moving forward,” McDaniel said. “I couldn’t be happier for him. His teammates learned a lot about him, and I think he learned something about himself.”
Tyreek Hill had touchdown catches of 48 and 60 yards during that rally, the latter of which tied the game with 5:19 to play.
Justin Tucker kicked a 51-yard field goal with 2:18 remaining to put Baltimore ahead, but that was far too much time for Miami’s offense, which the Ravens (1-1) didn’t come close to stopping in the final quarter.
The Dolphins overcame a spectacular performance by Jackson, who threw three first-half touchdown passes and then gave Baltimore its 21-point lead with a 79-yard TD run in the third. Jackson threw for 318 yards and three touchdowns.
The Ravens got into position for Jackson to throw a desperation pass on the final play of the game, but that fell incomplete.
Tagovailoa was intercepted twice in the first half, but he more than made up for that. Waddle had 11 catches for 171 yards and two touchdowns, and Hill had 11 for 190 yards and his two TDs.
“He was making some throws, and those guys were doing their thing,” Jackson said. “Waddle, Tyreek — heck of a player. Shout out to Tua because he did his thing.”
Miami had 233 yards in the fourth quarter.
Devin Duvernay returned the opening kickoff 103 yards for a touchdown, and the Ravens never trailed until the final seconds. They might have scored a TD on all four of their offensive possessions in the first half if not for a fumble near the Miami goal line.
The Dolphins couldn’t recreate their exceptional defensive effort of a season ago, when their blitz wreaked havoc on the Baltimore offense. The Ravens lost that game 22-10 on their lowest-scoring night of the season.
Jackson put the Ravens up 14-7 with a short pass over the middle that Rashod Bateman turned into a 75-yard touchdown. Later in the second quarter, he threw for TDs of 1 yard to Mark Andrews and 12 yards to Demarcus Robinson.
Then Jackson’s most spectacular play came near the end of the third, when he faked a handoff and breezed through a big hole up the middle and past the Miami secondary. The touchdown was the longest run of Jackson’s career, and it also put him over 100 yards rushing, a record 11th time he’s done that. He previously shared the mark for quarterbacks with Michael Vick, who had 10 100-yard games on the ground.
Jackson became the first quarterback in NFL history with both a touchdown pass and a touchdown run of at least 75 yards in the same game. He finished with 119 yards on nine carries.
After Duvernay’s touchdown to start the game, Tagovailoa drove the Dolphins into Baltimore territory, but Marcus Williams created a turnover with a remarkable display of concentration. He jumped in front of Hill to break up a pass, and while lying on the grass, he reached out to catch the falling ball before it hit the ground.
The Ravens drove to the 1-yard line, but after a third-down touchdown run by Jackson was overturned on replay, the Baltimore quarterback lost control of the snap on what looked like a quarterback sneak attempt on fourth down.
Miami drove 94 yards and tied it at 7 on Tagovailoa’s 6-yard touchdown pass to Waddle.
With the Ravens up 21-7, Tagovailoa’s deep pass was picked off — again by Williams — and that gave Baltimore a chance to score once more before halftime.
Tagovailoa threw a 14-yard touchdown pass to Mike Gesicki to make it 28-14 in the third, and his 2-yarder to River Cracraft in the fourth made it 35-21.
SECONDARY PROBLEMS
The Ravens obviously aren’t where they want to be in the defensive backfield despite adding Williams and first-round draft pick Kyle Hamilton in the offseason. It’s hard enough to stop Waddle and Hill when they’re taking short throws and running after the catch — but the game turned when Baltimore let Hill get behind the defense deep a couple of times.
“Never did you think we were going to have that many balls thrown over our head,” Ravens coach John Harbaugh said. “That just can’t happen. That’s not OK. I don’t care who’s back there.”
Cornerback Marcus Peters was in his first game back after missing all of last season with a knee injury, and cornerback Marlon Humphrey played after dealing with a groin injury during the week.
INJURIES
Miami WR Cedrick Wilson left with rib issues. … Baltimore LB Steven Means was carted off in the second quarter with an ankle injury, and Duvernay entered concussion protocol late in the game.
UP NEXT
Dolphins: Host the Buffalo Bills next Sunday.
Ravens: At the New England Patriots on Sunday.
___
Follow Noah Trister at https://twitter.com/noahtrister
___
More AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/ap-tagovailoa-dolphins-rally-from-21-down-to-beat-ravens-42-38/ | 2022-09-18T22:51:00Z |
The Bell County Republican Party Executive Committee unanimously approved a resolution in opposition of Belton ISD’s proposed $173.8 million bond — a two-proposition package that voters will weigh in on during the May 7 election.
Andrew Eller, the Senate District 24 state Republican executive committeeman, wrote and proposed the resolution on behalf of the Republican Party of Texas Local Government Committee, according to the Bell County Republican Party.
Under the resolution, 16 bases for opposition were outlined — items that alluded to Belton ISD’s desire to purchase more land, the scope of certain projects, and projected tax and debt burdens.
“Property appraisals increased an average of almost 15% in 2021 and are projected to increase at least 7.5% or more in 2022 and each year beyond per Belton ISD’s own ‘conservative’ tax base assumptions which in turn will result in increased overall tax bills to property tax owners,” the resolution said. “Those who rent or have frozen property taxes will still pay for bonds through increased prices for goods and services so that businesses can still maintain their profits. Therefore … the Bell County Republican Party opposes both Proposition A for $168.8 million in bonds and Proposition B for $5 million in bonds for Belton ISD in the May 2022 election and urges a vote against both propositions.”
Eller could not be reached for comment by press time.
Nancy Boston, the retiring Bell County Republican Party chair, confirmed that the Bell County Republican Party Executive Committee passed the resolution.
It’s a stance that Belton resident Phil Krawczynski supports.
“We’re now facing increasing prices for everything from food to gas — coupled with an increase in property taxes that the Bell County Appraisal District has burdened taxpayers with the last three years,” he said during a February meeting.
“Please remember your loans are the taxpayers’ burden,” he said. “Your service is not only to educate but to be responsible stewards of our money.”
Belton ISD Superintendent Matt Smith understands that some stakeholders are not in favor of further bond funding at this time.
“We respect that in a democracy everyone is entitled to their own opinion regarding any item up for election,” he told the Telegram. “However, we would expect a group to reach out to Belton ISD, request a meeting with BISD leaders to discuss the issues, get the facts right and have accurate information before they formalized an opinion on behalf of a county-wide organization.”
The Belton ISD superintendent — who noted how the absence of this financing could result in implementing fewer staff raises, adding fewer positions and installing more portable buildings — stressed how the Bell County Republican Party did “none of those things.”
“They did not seek to understand the basics of school finance, legislative mandates surrounding bond elections or the proposed projects within the propositions,” he said. “Contrast that process, or lack thereof, with the months-long process Belton ISD undertook in developing our bond propositions. After touring campuses and reviewing data from 11 different sources, a community group of 70 citizens said, yes, we need to hold a bond election this May, and then prioritized the list of project needs.”
Smith encourages Belton ISD voters to take the time to refer to the project fact sheets that are currently available.
“We’re presenting bond information to citizen groups and offering parent meetings at each of our 18 campuses to discuss the propositions,” he said. “We’ve held two community-wide information sessions and have two more scheduled before the May 7 election. All are welcome to attend to learn more.”
Belton ISD school board Vice President Ty Taggart, who was disappointed to hear about the Bell County Republican Party’s stance on the proposed bond, echoed that sentiment.
“We’ve had great turnout … and we want people to go and be able to listen to the truth and the facts that are presented at these events,” he said.
Proposed projects
Thirteen projects are outlined under Proposition A in Belton ISD’s proposed package: $40.1 million for a 11th elementary school, $43.6 million for a 12th elementary school, $23.6 million for career and technical education and fine arts improvements at Belton High School and Belton New Tech High School @ Waskow; $13.3 million for Southwest Elementary School additions; $8.9 million for district roofing, mechanical, electrical and plumbing improvements; $8.6 million for a fine arts facility expansion at Lake Belton Middle School; $7 million for land acquisition; $6.9 million for interior finishing renovations at Belton High School; $6 million for campus safety and security upgrades; $5.6 million for new buses; $2.5 million for a Delta Program facility; $2 million for a Belton ISD agriculture facility; and $676,624 for technology infrastructure.
Earlier this month, the Temple Chamber of Commerce’s board of directors announced its endorsement of these projects and Temple ISD’s proposed $164.8 million bond — financing that also will be decided on May 7.
“Though the economic forecast with current geopolitical events is uncertain, actions now to invest in all of our students will pay dividends in both Belton ISD and Temple ISD to be able to continue to grow a skilled labor force in our community, and shepherd students to lifelong careers that provide excellent pay and ongoing support of the robust Central Texas economy,” Rod Henry, Temple Chamber of Commerce president and CEO, said in a statement.
The Temple Chamber of Commerce called Belton ISD’s request for bond funding both “prudent” and a “reasonable approach” for a fast-growth district.
“In order to meet and exceed expectations to provide a superior educational experience for all, the measures outlined in the proposals must be approved,” the Temple Chamber of Commerce said in a statement. “The population growth in Central Texas equates to higher enrollment in BISD with expectations of adding 3,100 students over the next five years. This accelerated growth exacerbates already overcrowded BISD campuses … and highlights the need to build new schools.”
Regardless of how stakeholders vote on the potential $173.8 million bond in May, Belton ISD Area 3 trustee Suzanne McDonald, who is running for reelection, knows one thing will always remain true.
“I’m a Belton native. I graduated from Belton. All of my five children graduated from Belton,” she said during a school board meeting in February. “One of the things that I do know about Belton ISD, in my opinion, is that the quality of education is going to continue at the level that it is whether the community is against it or for it.”
Residents can read more about the bond elections for the Belton ISD online at bisdbond.net.
Staff writer Shane Monaco contributed to this report. | https://www.tdtnews.com/news/central_texas_news/article_3f8a0b5e-b880-11ec-8236-772653722a58.html | 2022-04-10T06:52:05Z |
Customer Orders Above $11 million with Unconstrained Customer Demand Continuing to Exceed $20 Million for 2022
Revenue for 1H Fiscal 2022 Expected to Increase Approximately 285% from 1H Fiscal Year 2021
SAN JOSE, Calif., April 7, 2022 /PRNewswire/ -- (TSXV:SEV) (OTCQB:SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced preliminary selected and unaudited revenue results and a business update for the three month period ended March 31, 2022. Unless otherwise indicated, all dollar amounts in this press release are expressed in US dollars.
- Due to Covid-related business closures in China in late March, approximately $1.2 million in product that was expected to ship in Q1 is now expected to ship in early April 2022
- Preliminary Q1 revenue is expected to be approximately $2.0 million, reflecting the aforementioned pushout of shipments
- Full Q1 demand was greater than $6 million, and total customer orders on hand for 2022 now exceed $11 million
- Added five new hyperscale data center design-ins in the first quarter, for a total of 103 to date
- Fiscal 2022 unconstrained product demand based on customer indications continues to exceed $20.0 million1
- Revenue realization expected to improve in the second half of the year due to accelerated deployment of capital to secure greater supply, as well as assembly and test capacity1
"The sudden Covid-related quarantines and temporary closures in China, coupled with the associated logistics issues, affected our ability to ship $1.2 million of product towards the end of the first quarter," said Raouf Halim, Chief Executive Officer. "The good news is that the majority of the approximately $1.2 million of product is expected to ship in early April. We are also accelerating deployment of capital from our October 2021 raise to secure supply for the remainder of the year."
"Order backlog remains strong going into Q2, and unconstrained product demand still exceeds $20 million for the year. 1 Deployment of our GaugeChanger™ technology is driving this robust growth as customers seek superior performance at a lower cost and lower power consumption than other technologies currently available. Momentum in our business is positive, and I remain confident in our outlook for significant growth in 2022," added Mr. Halim.
Constraints in the semiconductor supply chain are expected to last through the second quarter, which will limit near-term revenue. The Company is deploying a significant portion of capital generated from its CDN $14.8 million private placement completed in October 2021 to secure supply, as well as assembly and test capacity, to increase production volumes and grow revenue in the second half of the year.
While long-term trends in the business are favorable, continued supply chain disruptions and constraints lead the Company to expect that revenue for the first half of fiscal 2022 will be in the range of $5.5 million to $7.0 million. At the midpoint of the outlook, this represents an increase of approximately 285% from the first half of fiscal 2021. Non-IFRS operating expenses2 are expected to be between $4.5 million and $5.0 million, which includes the costs of the annual general meeting, the annual audit and headcount growth to support Spectra7's production ramp to meet rapidly growing demand from its data center customers in the second half of fiscal 2022. The second half of fiscal 2021 non-IFRS operating expenses were approximately $4.0 million.
1 This is forward-looking information and is based on a number of assumptions, which include the current customer purchase orders received, supply outlook and anticipated operational expenses. See "Cautionary Notes".
2 Non-IFRS operating expenses is a non-GAAP measure which includes research and development, sales and marketing, general and administrative expenses and depreciation and amortization for capital equipment and right-of-use assets and excludes share-based compensation expense, non-recurring termination costs, interest and related financing costs, change in fair value of warrant liabilities, foreign exchange gain/loss and gain/loss from property and equipment disposal.
Spectra7 Microsystems Inc. is a high-performance analog semiconductor company delivering unprecedented bandwidth, speed and resolution to enable disruptive industrial design for leading electronics manufacturers in data centers, virtual reality, augmented reality, mixed reality, and other connectivity markets. Spectra7 is based in San Jose, California with a design center in Cork, Ireland and technical support location in Dongguan, China. For more information, please visit www.spectra7.com.
Neither the TSX Venture Exchange nor its regulation services provided (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this press release constitute "forward-looking statements". All statements other than statements of historical fact contained in this press release, including, without limitation, the Company's expectation for 2022 revenue and operating expenses, revenue improvement and supply availability, the Company's expectation regarding product demand in 2022, and the Company's strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "plan", "continue", "will", "may", "would", "anticipate", "estimate", "forecast", "predict", "project", "seek", "should" or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company's expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to, the risk factors discussed in the Company's Management's Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.
For more information, please contact:
Matt Kreps/Jim Fanucchi
Darrow Associates
214-597-8200
ir@spectra7.com
Spectra7 Microsystems Inc.
Bonnie Tomei
Chief Financial Officer
669-212-1089
ir@spectra7.com
Spectra7 Microsystems Inc.
John Mitchell
Public Relations
650-269-3043
pr@spectra7.com
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SOURCE Spectra7 Microsystems Inc. | https://www.wibw.com/prnewswire/2022/04/07/spectra7-announces-preliminary-first-quarter-2022-revenue-provides-business-update/ | 2022-04-08T02:50:32Z |
NEW YORK, June 2, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Oscar Health, Inc. (NYSE: OSCR) pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's March 2021 initial public offering ("IPO" or the "Offering"), of the important July 11, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Oscar securities pursuant and/or traceable to the Registration Statement you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Oscar class action, go to https://rosenlegal.com/submit-form/?case_id=6200 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 11, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the Registration Statement was materially false and misleading and omitted to state that: (1) Oscar was experiencing growing COVID-19 testing and treatment costs; (2) Oscar was experiencing growing net COVID-19 costs; (3) Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation (RADV) result relating to 2019 and 2020; (4) Oscar was on track to be negatively impacted by significant Special Enrollment Period (SEP) membership growth; and (5) as a result of the foregoing, defendants' positive statements about Oscar's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Oscar class action, go to https://rosenlegal.com/submit-form/?case_id=6200 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/06/03/oscr-investor-news-rosen-trusted-top-ranked-investor-counsel-encourages-oscar-health-inc-investors-with-losses-excess-100k-secure-counsel-before-important-deadline-securities-class-action-oscr/ | 2022-06-03T01:05:08Z |
Designed and built in Boston, the Barton & Gray Daychaser 48' was created by the yachting industry's most prestigious thought leaders to combine the power of a commercial boat with the opulence of a chic dayboat
CAMBRIDGE, Mass., Sept. 12, 2022 /PRNewswire/ -- Barton & Gray Mariners Club, the yacht membership club that unlocks all the benefits of boat ownership without the impediments, announces the debut of the Daychaser 48', the brand's first proprietary yacht built exclusively for Mariner's Club members. Several years in the making, the Daychaser 48' exemplifies the Barton & Gray experience, boasting ample space for socializing, from an expansive bar and lounge space on the bow to a Beach Club on the stern for water sports and beach access. The first Daychaser 48' is launching in Boston for members to book for outings in the Hamptons, Greenwich, and Manhattan with nine additional boats splashing throughout the remainder of 2022 and into early 2023.
Since it was founded on Nantucket in 2006, Barton & Gray has assembled and maintained a fleet of over 75 luxurious Hinckley yachts. With consumer interest in boating at an all-time high, desire for the Barton & Gray experience has skyrocketed. In fact, the Club forecasts a record 12,000+ outings in 2022. This massive growth and demand among members for an elevated experience led Barton & Gray to expand its current fleet with a new boat custom-built for its members.
"Barton & Gray is synonymous with a luxury oceanfront experience. We allow our members to relax on the water and make fond memories with their loved ones," said Barton & Gray Co-Founder and CMO Douglas Gray. "The Daychaser 48' is the culmination of years watching our members and learning what they want when they board our boats. It combines the latest in maritime technology with the romance of luxury day boating to optimize for durability, sustainability, style and enjoyment."
To complete the Daychaser 48', Barton & Gray Yachtworks turned to some of the most prestigious thought leaders in the yachting industry including celebrated yacht designer Doug Zurn of Zurn Yacht Design and Boston Boatworks. The boat was designed and built domestically in the Boston area, in close proximity to Barton & Gray's headquarters in Boston, MA. and Portsmouth, NH. Because the boat is being built domestically, it has to follow stringent environmental guidelines, including being built with no VOCs and with eco-friendly composites.
Sustainability was intertwined throughout the design and manufacturing process, with the new boat featuring a unique shape developed to cut through the water more efficiently and reduce waste in the construction process. Weighing one-third less than a traditional yacht of similar size and tapping into materials not traditionally used in the boating industry, the Daychaser '48 is more fuel-efficient than a typical dayboat. Paired with the Barton & Gray sharing economy model that allows for more efficient usage - Barton & Gray boats are used ten times more than traditional yachts - the Daychaser 48' is more efficient in terms of time, fuel costs, materials and dock space.
"Not only does the Daychaser 48' match the high-end aesthetic our members desire and expect from our brand, but it is reliable enough to ensure consistent usage by our members and sustainable enough to keep our oceans and harbors clean," said Barton & Gray Co-Founder and President Timothy Barton. "Our boat is built with considerable respect for the coastal ecosystem and with the needs of our members. It is the physical embodiment of the techniques and lessons honed from the team over the past 17 years."
Optimized for day and evening trips, the Daychaser 48' boasts a massive open-deck plan with a walk-through windshield connecting three sheltered and open-air lounge areas. Perfect for entertaining, the Daychaser's lounge spaces are upholstered with Perennials fabric and feature tables to hold wine and other refreshments, while a built-in inflator means that paddle boards and water toys can always be at the ready. Additionally, the boat will feature a Seakeeper, a gyroscopic stabilizer, transforming the boating experience by virtually eliminating any boat roll or rockiness. Without the need for overnight accommodations below-deck, the below-deck space has been optimized for easy maintenance or repair of mechanics and open space to hold plates, cups, paddle boards, spare towels and other water toys necessary for a perfect day on the water. There is also a daybed, shower and desk below deck.
"Barton & Gray was clear from the start that this is a purpose-built vessel centered around entertainment at sea. I took that to heart in the design process and envisioned exactly how members would use each aspect of the boat," said Doug Zurn of renowned design firm Zurn Yacht Design in Marblehead, MA. "But it is truly a lion in lamb's clothing. Under its beautiful exterior, this is a powerful boat with the capabilities of a military- or commercial-grade vessel."
Approved by the Coast Guard, the Daychaser 48's power-train engines were built around the highly durable twin Cummins QSB 6.7 550-hp diesels married to Hamilton waterjets. The yacht control systems are custom joystick controls created by Barton & Gray to be more functional than recreational-grade controls. Rounding out the maritime systems are Seakeeper gyrostabilizers and Zipwake dynamic trim-control systems. The boat reaches a modest 35 knots, but smoothness of ride is preferred over speed so that members can enjoy a calm, dry ride and plenty of idle time by the beach.
"Building the Daychaser 48' was such a unique project for us and an absolute honor," said Boston Boatworks Founder and CEO Scott Smith. "This felt like a seamless partnership, pairing Boston Boatworks' 25 years of experience building best-in-class boats with Barton & Gray's mastership in offering members one-of-a-kind experiences."
Barton & Gray Mariners Club was founded in 2006 by a crew of marine, software and marketing professionals, helmed by Timothy Barton and Douglas Gray. In the early days of the burgeoning "collaborative" or "sharing" economy, the crew recognized the vast inventory of time aboard yachts tied up to the docks, as well as the opportunity for technology to actualize that inventory. But most importantly, the crew wanted to make the joys of time spent on the water more approachable, expanding one of mankind's favorite past times to a whole new audience. After that first Summer in Nantucket, more and more people are spending time on the water with Barton & Gray Mariners Club every day. The Club now runs 75+ yachts, in over 30 harbors, hosting tens of thousands of passengers each year. Barton & Gray Mariners Club combines the luxury of yachting, the adventure of exploration, and the joys of entertaining into one of the most sought-after amenities in the world.
PR Contact, Barton & Gray:
Emily Castro
Nike Communications
ecastro@nikecomm.com
516.640.8820
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SOURCE Barton & Gray Mariners Club | https://www.wibw.com/prnewswire/2022/09/12/barton-amp-gray-debut-daychaser-48-brands-first-proprietary-yacht-built-luxuriating-sea/ | 2022-09-12T15:43:37Z |
NAPA, Calif. , June 17, 2022 /PRNewswire/ -- TDC Group has promoted Robert E. White Jr. from his role as Chief Operating Officer of the company's medical professional liability (MPL) subsidiary to President of TDC Group. In his new role, Mr. White will oversee all four subsidiaries that make up TDC Group: The Doctors Company, Healthcare Risk Advisors, TDC Specialty Underwriters, and Medical Advantage.
"This promotion recognizes Mr. White's extraordinary work as Chief Operating Officer. He has helped us navigate the pandemic and maximize the potential of our subsidiary business units, both individually and for TDC Group," said Richard E. Anderson, MD, FACP, Chairman and CEO of The Doctors Company and TDC Group. "He has strengthened our ability to meet the growing demands of our mission, nurtured our innovation and customer experience initiatives, and been a critical member of our executive group."
The company also announced the promotion of Deepika Srivastava to Executive Vice President of MPL and TDC Group Shared Services. Ms. Srivastava will assume the responsibilities of running the operations of the MPL subsidiary; in addition, she will lead the group shared services of Technology, Cybersecurity, Innovation, and Enterprise Project Office for all TDC Group subsidiaries. Prior to this, she was TDC Group's Chief Information Officer and Chief Information Security Officer.
"Ms. Srivastava clearly has the background and experience for this vital role leading our MPL efforts," Anderson said. "She fully possesses the attributes that we value in our leaders: humble, mission driven, and collaborative, with a people-development focus. The strengths she has shown in leading IT—her ability to manage effectively between enterprise and business unit perspectives and the continuous improvement of projects she has overseen—make her the right leader for MPL."
Mr. White has more than 50 years' experience in the insurance industry and was President of Insurance Operations for the FPIC Insurance Group before it became part of The Doctors Company. He is Chairman of the Board of the Florida Justice Reform Institute, Member of the Board of Governors of the Florida Medical Malpractice Joint Underwriting Association, Member of the Board of the Florida Insurance Council, and a Member of the Board of Professionals Resource Network. He served on the Board of Directors of the Medical Professional Liability Association and serves on three of its committees.
Ms. Srivastava has over 20 years of experience in leading technology transformation. She started with The Doctors Company as a business systems analyst 18 years ago. In her time at The Doctors Company, she has led several strategic initiatives, including Digital Transformation and Core Modernization of the business.
Ms. Srivastava serves on the advisory board of the Actuarial Science Program at Michigan State University. She is passionate about growing technology and insurance talent from the grassroots. She completed the Innovation and Entrepreneurship program from Stanford University and holds an MBA from the University of Lucknow, India.
The TDC Group of companies (TDC Group) is the nation's largest physician-owned provider of insurance, risk management, and healthcare practice improvement solutions. Serving the full continuum of care, from individual physicians to academic medical systems, we help healthcare professionals overcome the complexities of today's practice environment. TDC Group (thetdcgroup.com) delivers proven solutions constantly refined through tireless innovation. We are defined by our depth of experience, commitment to service, unparalleled product offering, and broad distribution capabilities. With annual revenue of $1 billion, over $6.5 billion in assets, and offices nationwide, TDC Group serves over 100,000 healthcare professionals and organizations throughout the United States.
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SOURCE TDC Group | https://www.mysuncoast.com/prnewswire/2022/06/17/tdc-group-promotes-medical-professional-liability-leaders/ | 2022-06-17T20:43:33Z |
A fiery car crash in a busy Los Angeles intersection left four people dead, including one who was pregnant and a toddler, officials said.
Eight others were hospitalized after the terrifying high-impact collision on Thursday in the neighborhood of Windsor Hills, between Culver City and Inglewood, according to police.
Surveillance video from the scene showed a speeding car hurtle through a red light, striking multiple vehicles and bursting into flames before coming to rest near a gas station.
The fire burned so hot it melted a traffic light.
Between five and eight vehicles were involved, with two of them catching fire, California Highway Patrol Officer Alicia Kolter told CNN.
Kolter said two of the injured are adults, the rest are minors, and she was unable to provide details on their conditions.
The investigation is ongoing, and it is too early to estimate how fast the car was traveling when it struck the others, Kolter said.
EDsmart’s examination of data from the Education Department’s College Scorecard compiles schools where women out-earn men after graduation. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/at-least-4-people-killed-including-a-toddler-after-a-fiery-collision-in-los-angeles/article_6b010e9b-1455-5310-a06d-d8aaf82a915e.html | 2022-08-05T07:26:49Z |
A Georgia man who was recently sentenced to death in the killing of two prison guards in 2017 died Sunday in an apparent suicide, according to a news release from the Georgia Department of Corrections.
Ricky Dubose was found unresponsive in his cell Sunday by correctional officers at the Georgia Diagnostic and Classification Prison in Jackson, Georgia, the department said. He was pronounced dead by the coroner after life-saving measures were performed, officials said.
His death comes just 10 days after he was convicted of murder and sentenced to death for killing two corrections officers during an escape from a prisoner bus in Putnam County, Georgia, in 2017.
In that incident, Dubose and another prisoner, Donnie Rowe, got out of what should been a locked rear section of the bus, disarmed officers Christopher Monica and Curtis Billue and fatally shot them, police said at the time.
Rowe had been serving a sentence of up to life in prison for armed robbery and aggravated assault in a 2001 case. Dubose had been sentenced to up to 20 years in prison for armed robbery, aggravated assault and theft in 2014. He also was convicted of theft and identity fraud in cases from August 2010.
After killing the guards, the two went on the run for about three days during which they allegedly stole five vehicles, robbed two homes, tied up and terrorized an elderly couple, and led police on a chase with speeds of 100 mph, officials said.
They were ultimately captured in Tennessee after two residents held them at gunpoint when they discovered the men trying to steal a car, authorities said at the time.
Dubose was convicted and sentenced to death earlier this month. Rowe was also convicted for the killings and is serving two life sentences without the possibility of parole, according to court documents.
Keep it Clean. Please avoid obscene, vulgar, lewd,
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LAS VEGAS, Aug. 18, 2022 /PRNewswire/ -- To ease the rising electricity tension this summer, BLUETTI will have a Power Week from August 18 to August 28. Scroll down to learn more about them.
Not just a sidekick, but a hero on its own.
Not only as an expansion battery, B230 and B300 can be used as an independent power source since multiple outputs are built for versatile charging, including 1*18W USB-A QC3.0, 1*100W PD3.0 Type-C, and 1*12V/10A Cigarette Lighter.
The MPPT within B300 allows a 200W Max. solar input. While with the T500 adapter, no need to connect with AC200MAX and AC300 power stations, the B230 and B300 can reach up to 500W AC input rate.
The magic charging box - BLUETTI D050S (DC Charging Enhancer).
B230 and B300 are qualified as power sources. However, they can be leveraged to their full potential when teamed up with the D050S. It enables more recharging methods, like 12/24V car charging, Lead-acid battery, and even AC. It can boost a 1400W Max. solar input for AC200MAX.
Without the idle draw of the inverter, the discharge efficiency of such a Pure DC Solar Generator is expected to reach more than 95%. An excursionist doesn't have to carry a whole set of BLUETTI products because one battery pack is sufficient to power hungry devices on the road.
High Compatibility - Not just for the AC200MAX or AC300.
B230 and B300 were announced with AC200MAX and AC300, respectively. Yet they are also compatible with other units like AC200, AC200P, EB150, and EB240 while connecting with D050S. Increase the overall capacity anytime to survive blackouts and other emergencies.
LiFePO4 - The safest and most durable battery chemistry.
Safety and durability have been the top priorities to consider before purchasing a power station, so BLUETTI adopts the latest LiFePO4 technology while producing solar generators in recent years.
B230 and B300 provides better electrochemical performance, lower resistance, and more stable cathode materials compared to NCM chemistry in the market.
More Units and Combos to Recommend During BLUETTI Power Week 2022
Electricity, one of the most widely used forms of energy, soon became life's necessity once found. If there's a power cut, even a very brief one, the consequences can be catastrophic, especially while experiencing extreme heat on summer days.
About BLUETTI
With over 10 years of industry experience, BLUETTI has tried to stay true to a sustainable future through green energy storage solutions for both indoor and outdoor use while delivering an exceptional eco-friendly experience for everyone and the world. BLUETTI is making its presence in 70+ countries and is trusted by millions of customers across the globe. For more information, please visit BLUETTI online at https://www.bluettipower.com/.
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SOURCE BLUETTI POWER INC | https://www.mysuncoast.com/prnewswire/2022/08/19/bluetti-will-have-power-week-august-18-august-28/ | 2022-08-19T03:49:20Z |
CALGARY, AB, June 22, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, is pleased to announce that it has closed a short-term debt financing from an arm's length credit provider (the "Lender") for CAD$5 million (the "Loan"). The Company has chosen to proceed with a small debt facility at this time as the Company's proposed non-dilutive credit facilities with ConnectFirst Credit Union for CAD$30 million (as previously announced on April 18, 2022) has been delayed until July 2022. The Company issued the Lender a non-convertible subordinated secured debenture of the Company (the "Debenture").1 The Debenture matures on June 21, 2023 and bears interest at a fixed rate of 10% per annum, payable quarterly. The Company shall have a right to prepay part of or the entire principal amount of the Debentures at par plus accrued and unpaid interest at any time by providing a minimum of 5 days and a maximum 60 days notice to the Lender.
"Our first of its kind discount club model is clearly working, as evidenced by rapid same store sales growth, and has now defined us as the clear leader in the Canadian cannabis retail landscape as it continues to gain popularity in communities large and small. We want to continue building on this momentum by setting up additional Canna Cabana locations in all Canadian provinces where we operate with a goal of reaching at least 150 locations by the end of this year," said Raj Grover, President and Chief Executive Officer of High Tide. "Our due diligence with Connect First Credit Union is ongoing, and their facility is expected to close sometime in July. In the meanwhile, given our growth prospects, inbound opportunities and the current state of capital markets, we believe that securing this additional $5 million in debt is the most prudent approach for our shareholders," added Mr. Grover.
High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 126 current locations spanning Ontario, Alberta, Manitoba, and Saskatchewan. High Tide was featured in the third annual Report on Business Magazine's ranking of Canada's Top Growing Companies in 2021 and was named as one of the top 10 performing diversified industries stocks in the 2022 TSX Venture 50™. The Company is also North America's first and only cannabis discount club retailer, featuring Canna Cabana, Meta Cannabis Co., and Meta Cannabis Supply Co. banners, with additional locations under development across the country. High Tide's portfolio also includes retail kiosk and smart locker technology – Fastendr™. High Tide has been serving consumers for over a decade through its established e-commerce platforms including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through Nuleafnaturals.com, FABCBD.com, BlessedCBD.co.uk, and BlessedCBD.de, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value.
Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
For more information about High Tide, please visit www.hightideinc.com, its profile page on SEDAR at www.sedar.com, and its profile page on EDGAR at www.sec.gov.
Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the Company securing the Loan and proposed credit facilities on the terms and within the timelines set out in this news release; the use of proceeds from the Loan and proposed credit facilities being utilized as outlined herein; the anticipated effects of the Loan and proposed credit facilities on the business and operations of the Company; the Company receiving all necessary approvals, including TSXV approval; the Company adding the number of additional cannabis retail store locations the Company proposes to add to the Company's business upon the timelines indicated herein; and the Company's plans to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value.
Forward-looking information in this press release are based on certain assumptions and expected future events, namely: current and future members of management will abide by the Company's business objectives and strategies from time to time established by the Company; the Company will retain and supplement its board of directors and management, or otherwise engage consultants and advisors having knowledge of the industries (or segments thereof) within which the Company may from time to time participate; the Company will have sufficient working capital and the ability to obtain the financing required in order to develop and continue its business and operations; the Company will continue to attract, develop, motivate and retain highly qualified and skilled consultants and/or employees, as the case may be; no adverse changes will be made to the regulatory framework governing cannabis, taxes and all other applicable matters in the jurisdictions in which the Company conducts business and any other jurisdiction in which the Company may conduct business in the future; the Company will be able to generate cash flow from operations, including, where applicable, distribution and sale of cannabis and cannabis products; the Company will be able to execute on its business strategy as anticipated; the Company will be able to meet the requirements necessary to obtain and/or maintain authorizations required to conduct the business; general economic, financial, market, regulatory, and political conditions, including the impact of the COVID-19 pandemic, will not negatively affect the Company or its business; the Company will be able to successfully compete in the cannabis industry; cannabis prices will not decline materially; the Company will be able to effectively manage anticipated and unanticipated costs; the Company will be able to conduct its operations in a safe, efficient and effective manner; general market conditions will be favourable with respect to the Company's future plans and goals; Cabana Club loyalty program membership will continue to increase; the Company will add the additional cannabis retail store locations to the Company's business and remain on a positive growth trajectory; the Company will complete the development of its cannabis retail stores; the Company will secure the Loan and proposed credit facilities (and will have the ability to obtain all requisite approvals) on the terms and within the timelines anticipated; the use of proceeds from the Loan and proposed credit facilities will be utilized as outlined herein; and the Company will utilize the Loan and proposed credit facilities as outlined herein.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company's inability to attract and retain qualified members of management to grow the Company's business and its operations; unanticipated changes in economic and market conditions (including changes resulting from the COVID-19 pandemic) or in applicable laws; the impact of the publications of inaccurate or unfavourable research by securities analysts or other third parties; the Company's failure to complete future acquisitions or enter into strategic business relationships; interruptions or shortages in the supply of cannabis from time to time available to support the Company's operations from time to time; unanticipated changes in the cannabis industry in the jurisdictions within which the Company may from time to time conduct its business and operations, including the Company's inability to respond or adapt to such changes; the Company's inability to secure or maintain favourable lease arrangements or the required authorizations necessary to conduct the business and operations and meet its targets; the Company's inability to secure desirable retail cannabis store locations on favourable terms; risks relating to projections of the Company's operations; the Company's inability to effectively manage unanticipated costs and expenses, including costs and expenses associated with product recalls and judicial or administrative proceedings against the Company; risk that Cabana Club loyalty program membership will decrease and/or plateau; risk that the Company will be unable to add additional cannabis retail store locations to the Company's business and remain on a positive growth trajectory; risks that the Company will be unable to complete the development of any or all of its cannabis retail stores; and risk that the Company will be unable to secure the Loan and/or proposed credit facilities and/or will be unable to utilize the Loan and/or proposed facilities on the terms and within the timelines anticipated.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company's expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
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SOURCE High Tide Inc. | https://www.mysuncoast.com/prnewswire/2022/06/22/high-tide-secures-cad5-million-subordinated-debt-financing-power-continued-growth/ | 2022-06-22T10:47:51Z |
(NEXSTAR) — World Variety Produce, Inc. is voluntarily recalling one lot of its Organic Marketside Zucchini product due to possible salmonella contamination.
In an announcement with the U.S. Food and Drug Administration, the company explained the recall is for case lot no. 38706503 bearing the UPC code 6-81131-22105-4. The package affected is 2 count/6 ounces.
World Variety says the Organic Marketside Zucchini was sold at some Walmart stores in Arizona, Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Nebraska, North Dakota, Oklahoma, South Dakota, Texas, and Wisconsin.
Consumers who have purchased or believe they may have purchased the item are advised to throw it away immediately.
While no illnesses have been reported, the company notes salmonella organisms can cause serious and even fatal illnesses in young children, elderly or immunocompromised people. The company says the recall was triggered after a single lot of imported zucchini tested positive for salmonella.
If you have any questions or concerns, you can contact World Variety Produce at (800) 588-0151. | https://cw33.com/news/recall-zucchini-sold-at-walmart-in-18-states-may-pose-salmonella-risk/ | 2022-04-21T19:41:23Z |
The expanded support provides visibility into query-level metrics and detailed explain plans so all Microsoft customers can benefit from Database Monitoring
NEW YORK, Aug. 16, 2022 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced expanded monitoring for Microsoft SQL Server and Microsoft Azure database platforms. The announcement builds on Datadog's Database Monitoring product, which launched in August of last year.
With this expanded support, engineers and database administrators can quickly pinpoint and address database performance issues such as costly and slow queries, incorrect indexes in SQL Server or Azure databases and bottlenecks in their applications.
"We launched Database Monitoring last year because we wanted to help our customers reduce database costs, troubleshoot performance inefficiencies and increase collaboration between engineers and database administrators," said Omri Sass, group product manager of Application Performance Monitoring at Datadog. "By adding support for SQL Server and Azure database services, Microsoft users are better able to accomplish these goals and discover and implement the right database improvements while saving time communicating and reconciling information."
"Microsoft Azure SQL Database and SQL Managed Instance are fully managed database services that feature built-in security controls, automated maintenance and are always up to date," said Ramnik Gulati, senior director, product marketing, data & AI at Microsoft. "The expanded support of Datadog's Database Monitoring product further strengthens this collaboration by providing Microsoft customers with deep insights into their managed and self-hosted SQL Server, PostgreSQL and MySQL databases, enabling them to build and scale workloads with confidence."
Datadog Database Monitoring for Microsoft SQL Server and Azure database platforms includes the following features:
- Valuable Query Metrics: View metrics such as average latency, total execution time and number of rows queried in order to identify problematic queries and use historical query performance data to track long-term trends.
- Explain Plan Analysis: Visualize differences between multiple explain plans for individual queries to identify hotspots and seamlessly pivot from explain plans to related metrics in order to understand how inefficiencies impact performance.
- Centralized Query, Database and Infrastructure Metrics: View and monitor query-level and host-level metrics together to better understand how resource constraints affect database performance.
Database Monitoring is now generally available for Microsoft customers using SQL Server or Azure Database Platforms. To learn more, please visit: https://www.datadoghq.com/product/database-monitoring/
Datadog is the monitoring and security platform for cloud applications. Our SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of our customers' entire technology stack. Datadog is used by organizations of all sizes and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior and track key business metrics.
This press release may include certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended including statements on the benefits of new products and features. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Actual results may differ materially from those described in the forward-looking statements and are subject to a variety of assumptions, uncertainties, risks and factors that are beyond our control, including those risks detailed under the caption "Risk Factors" and elsewhere in our Securities and Exchange Commission filings and reports, including the Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 8, 2022, as well as future filings and reports by us. Except as required by law, we undertake no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.
Contact
Dan Haggerty
press@datadoghq.com
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SOURCE Datadog, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/16/datadog-extends-monitoring-microsoft-sql-server-microsoft-azure-database-platforms/ | 2022-08-16T21:02:52Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the second quarter ending June 30, 2022 at approximately 6:30 a.m. ET on Monday, August 15, 2022. At 8:00 a.m. ET, results will be discussed via live webcast and teleconference.
Investors and analysts can access the live teleconference call by dialing toll-free 877-407-3089 for U.S. participants and +1 215-268-9854 for international participants. Listeners can access the live webcast HERE. A webcast replay and transcript of the webcast will be available after the event on the investor relations website at https://ir.clearme.com.
About CLEAR
Founded in 2010, CLEAR's mission is to create frictionless experiences. With more than 12 million members and hundreds of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether it's at the airport, stadium, or right on your phone, CLEAR connects you to the things that make you, you - making everyday experiences easier, more secure, and more seamless. Since day one, CLEAR has been committed to privacy done right. Members are always in control of their own information, and we never sell member data.
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SOURCE CLEAR | https://www.mysuncoast.com/prnewswire/2022/08/01/clear-secure-inc-announce-second-quarter-2022-financial-results-august-15-2022/ | 2022-08-01T12:26:09Z |
Resilience and agility enable Yum China to serve communities in need
Grew Total Revenues and sustained Operating Profit despite significant challenges from the COVID-19 outbreak
Remains focused on long-term opportunities: Total stores exceeded 12,000, in Q1 opened 329 net new stores
SHANGHAI, May 3, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the first quarter ended March 31, 2022.
Impact of COVID-19 Outbreak and Mitigation Efforts
The highly transmissible Omicron variant caused significant volatility in our business operations in the first quarter, and continues to have a severe impact in the second quarter. The COVID-19 situation was relatively stable in January and February. However, the situation rapidly deteriorated in March, resulting in the largest outbreak since COVID-19 first emerged in early 2020. This latest outbreak and the challenges we face are unprecedented. Compared to first quarter 2020, the case counts, duration, geographical coverage and restrictive measures experienced in the first quarter 2022 are much more severe:
- COVID-19 case counts have reached new records. In March, case counts (including asymptomatic cases) surpassed 2020 and 2021 combined. Cases in April further increased to nearly 600,000, which is approximately six times higher than that of March.
- Many cities across large swaths of China have been fully or partially locked down for weeks or even months, including economically important regions such as Shanghai, Tianjin, Jilin, Suzhou, Shenzhen and Guangzhou.
- Eastern China, the most vibrant economic region and most important market for us, accounting for 30-40% of our stores and sales, has been the most affected in this wave.
- Drastic public health measures are being stepped up nationwide in line with the strict enforcement of dynamic zero-COVID policy, resulting in further reductions of social activities, travel and consumption.
Stores temporarily closed or that offered only takeaway and delivery services significantly increased in March and April:
- January and February – Around 300 stores on average. Over 500 stores at the peak in January.
- March – Over 1,700 stores on average, of which approximately 40% of stores were temporarily closed.
- April – Around 3,000 stores, on average, of which approximately 50% of stores were temporarily closed.
- Temporary store closures are excluded from our same-store sales calculation.
- System sales are impacted by temporary store closures and same-store sales.
Same-store sales declined sharply in March and April:
- January and February combined – Decreased approximately 4% year over year, reflecting a sequential improvement from the fourth quarter.
- March – Decreased by more than 20% year over year, as the COVID-19 situation rapidly deteriorated.
- April (preliminary) – Decreased by more than 20% year over year, as the outbreak persisted.
We have responded quickly and taken measures intending to lessen the impact of these unprecedented headwinds.
- We designed alternative routes, set up temporary drop-off and pick-up sites and optimized sourcing to fulfill the demand of our store network. Our resilient supply chain management has enabled us to lessen disruptions from supply complexities and mobility restrictions.
- Nationwide, we have adjusted marketing campaigns, simplified menus and promoted off-premise services. Our digital capabilities have enabled us to engage customers directly and nimbly. Our hybrid delivery model has allowed us to maintain adequate rider capacity and continue operations in most places.
- In heavily impacted regions like Shanghai, to serve our community, we have quickly launched community purchasing (a new way of group ordering) across all our brands, promoted new retail packaged food, significantly cut down on menu offerings and shortened operating hours.
As a result of our tremendous efforts, first quarter operating profit of $191 million was in line with expectations indicated in the March business update. However, we were only able to partially mitigate COVID-19 impacts and incurred an operating loss in March. Unless conditions significantly improve in May and June, we expect to incur an operating loss in the second quarter, due to (1) the significant sales decline driven by the worsening COVID-19 situation, (2) a more pronounced sales deleveraging impact as the second quarter is seasonally a lower quarter for sales and profit margins and (3) increases in commodity prices, wages, and utility prices. In light of this, we are pulling back on advertising and promotional activities, temporarily postponing store remodels, negotiating rent relief, implementing austerity measures to reduce G&A, and optimizing our raw material cost structure.
First Quarter Highlights
- Total revenues increased 4% year over year to $2.67 billion from $2.56 billion (a 2% increase excluding foreign currency translation ("F/X")).
- Total system sales decreased 4% year over year, with decreases of 4% at KFC and 1% at Pizza Hut, excluding F/X.
- Same-store sales decreased 8% year over year, with decreases of 9% at KFC and 5% at Pizza Hut, excluding F/X.
- Opened 329 net new stores during the quarter; total store count reached 12,117 as of March 31, 2022.
- Restaurant margin was 13.8%, compared with 18.7% in the prior year period, primarily due to sales deleveraging as a result of the worsened COVID-19 situation.
- Operating Profit decreased 44% year over year to $191 million from $342 million (a 45% decrease excluding F/X).
- Adjusted Operating Profit decreased 44% year over year to $193 million from $345 million (a 45% decrease excluding F/X).
- Effective tax rate was 33.1%.
- Net Income decreased 57% to $100 million from $230 million in the prior year period, primarily due to the decrease in Operating Profit and the loss from our mark-to-market investment in Meituan Dianping.
- Adjusted Net Income decreased 56% to $102 million from $233 million in the prior year period (a 47% decrease excluding the net losses of $30 million and $16 million in the first quarter of 2022 and 2021, respectively, from our mark-to-market equity investments; a 48% decrease if further excluding F/X).
- Diluted EPS decreased 57% to $0.23 from $0.53 in the prior year period.
- Adjusted Diluted EPS decreased 56% to $0.24 from $0.54 in the prior year period (a 46% decrease excluding the net losses from our mark-to-market equity investments in the first quarter of 2022 and 2021; a 47% decrease if further excluding F/X).
- Results for the current year period include the consolidation of Hangzhou KFC.
Key Financial Results
Percentages may not recompute due to rounding.
System sales and same-store sales percentages exclude the impact of F/X. Effective January 1, 2018, temporary store closures are normalized in the same-store sales calculation by excluding the period during which stores are temporarily closed.
CEO and CFO Comments
Joey Wat, CEO of Yum China, commented, "Foremost, I want to thank frontline workers and volunteers for their selfless and noble efforts. The country and our company are facing the toughest challenges yet in the battle against COVID-19. Frontline employees in our stores and supply chain are once again rising to the occasion. Our teams worked together across the brands and functions, and quickly developed ways to address the fast-changing conditions. In the cities on lockdown, where most business activities have halted, we are one of the first authorized essential food suppliers serving communities in need. We have also been prioritizing meals to the frontline workers fighting the crisis and to disadvantaged and vulnerable groups. I hope we have been able to bring some joy to people in need during this difficult time."
Wat continued, "Our ability to quickly adapt to this ever-changing operating environment is at the core of our resilience. Nationwide, we swiftly designed detour routes and optimized supply sourcing to lessen the impact of supply chain disruptions. In Shanghai, when less than 10% of our restaurants were open and operating with limited capacity, we launched community purchasing across all brands in a matter of days. This breakthrough allowed us to efficiently deploy limited resources to serve more customers. We seized at-home demand with our ready-to-eat products which are easy to store during the lockdown. We believe our solid business fundamentals and agility will continue to help us navigate the near-term challenges. Despite the current COVID-19 situation, we will remain focused on executing our RGM strategic framework to fortify resilience, accelerate growth and widen our strategic moat to drive long-term and sustainable growth."
Andy Yeung, CFO of Yum China, added, "First quarter operational performance was significantly impacted by the surge of Omicron variant in March. The case counts, duration, coverage, and severity of restrictive measures are far more extensive than previous outbreaks. Our quick response to sustain operations in areas on lockdown, drive off-premise sales and proactively manage costs partially mitigated the impact. While we generated operating profit in the first quarter, we experienced a loss for the month of March. Unless the COVID-19 situation improves significantly in May and June, we expect to incur an operating loss in the second quarter. During this enormously difficult time, our priority is to operate our restaurants safely in order to serve customers and communities in need."
Yeung continued, "We continue to employ a disciplined and balanced capital allocation strategy, ensuring that we have sufficient cash to sustain operations and deal with potential contingencies. While the pace of store remodeling and expansion may be temporarily impacted by the COVID-19 outbreak, our new unit development pipeline remains robust, powered by healthy unit economics. We will continue to make significant capex investments in digital, supply chain infrastructure and our store network expansion. We remain confident these investments will widen our strategic moat, drive sustainable growth and capture attractive long-term opportunities in China."
Share Repurchases and Dividends
- In March 2022, the Board of Directors (the "Board") increased the Company's share repurchase authorization by $1 billion to an aggregate of $2.4 billion.
- During the first quarter, we repurchased approximately 5.0 million shares of Yum China common stock for $232 million at an average price of $46.57 per share. As of March 31, 2022, approximately $1.4 billion remained available for future share repurchases under the current authorization.
- The Board declared a cash dividend of $0.12 per share on Yum China's common stock, payable on June 21, 2022 to shareholders of record as of the close of business on May 31, 2022.
Digital and Delivery
- The KFC and Pizza Hut loyalty programs exceeded 370 million members combined, as of quarter-end. Member sales accounted for approximately 62% of system sales in the first quarter of 2022.
- Delivery contributed approximately 36% of KFC and Pizza Hut's Company sales in the first quarter of 2022, an increase of approximately five percentage points from the prior year period due to more severe outbreaks.
- Digital orders, including delivery, mobile orders and kiosk orders, accounted for approximately 88% of KFC and Pizza Hut's Company sales in the first quarter of 2022.
New-Unit Development and Asset Upgrade
- The Company opened 522 gross new stores, or 329 net new stores in the first quarter of 2022, mainly driven by development of the KFC and Pizza Hut brands. The net reduction in others was mainly due to closures in the Huang Ji Huang and Little Sheep brands.
- The Company remodeled 96 stores in the first quarter of 2022.
2 Others include Taco Bell, Little Sheep, Huang Ji Huang, East Dawning, COFFii & JOY and Lavazza.
Restaurant Margin
- Restaurant margin was 13.8% in the first quarter of 2022, compared with 18.7% in the prior year period, primarily attributable to sales deleveraging, higher inflation in commodity, wage and utility costs, as well as increased rider cost associated with rising delivery volume.
2022 Outlook
Yum China remains focused on capturing long-term opportunities in China. The Company's fiscal year 2022 targets are unchanged:
- To open approximately 1,000 to 1,200 net new stores.
- To make capital expenditures in the range of approximately $800 million to $1 billion.
Other Updates
- On April 15, 2022, the Company and Yum! Brands entered into an amendment to the Master License Agreement to amend the development milestones for the Taco Bell brand. The Company has committed to expanding the Taco Bell store network to at least 100 stores by the end of 2022 and at least 225 stores by the end of 2025, with certain investment support from Yum! Brands. Subject to achieving these milestones, the Company will have the exclusive right to operate and sublicense the Taco Bell brand in China for 50 years.
- On April 19, 2022, the Company announced the appointments of Johnson Huang, General Manager, KFC, to the position of Chief Customer Officer of the Company and Warton Wang, Chief Development Officer, as General Manager, KFC, effective May 1, 2022.
Note on Non-GAAP Adjusted Measures
Reported GAAP results include Special Items, which are excluded from non-GAAP adjusted measures. Special Items are not allocated to any segment and therefore only impact reported GAAP results of Yum China. See "Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures" within this release.
Conference Call
Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Tuesday, May 3, 2022 (8:00 a.m. Beijing/Hong Kong Time on Wednesday, May 4, 2022).
Operator-assisted conference calls are not available at the moment. Please register in advance of the conference through the link provided below. Upon registering, you will be provided with participant dial-in numbers, a passcode and a unique registrant ID.
Pre-registration Link: http://apac.directeventreg.com/registration/event/3380199
Conference ID: 3380199
A live webcast of the call may also be accessed at https://edge.media-server.com/mmc/p/p4o65n8v.
A replay of the conference call will be available two hours after the call ends until 9:00 a.m. U.S. Eastern Time on Wednesday, May 11, 2022 (9:00 p.m. Beijing/Hong Kong Time on Wednesday, May 11, 2022) and may be accessed by phone at the following numbers:
U.S.: 1 855 452 5696
Mainland China: 400 820 9035 or 800 988 0552
Hong Kong: +852 3051 2780
U.K.: 0808 234 0072
International: +61 2 9003 4211
Replay access code: 3380199
Additionally, this earnings release, the accompanying slides, a live webcast and an archived webcast of this conference call will be available at Yum China's Investor Relations website at http://ir.yumchina.com.
For important news and information regarding Yum China, including our filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange, visit Yum China's Investor Relations website at http://ir.yumchina.com. Yum China uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including under "2022 Outlook." We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook", "commit" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements include, without limitation, statements regarding the future strategies, growth, business plans, investment, dividend and share repurchase plans, earnings, performance and returns of Yum China, anticipated effects of population and macroeconomic trends, the expected impact of the COVID-19 pandemic, the anticipated effects of our innovation, digital and delivery capabilities and investments on growth and beliefs regarding the long-term drivers of Yum China's business. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements, including, without limitation: whether we are able to achieve development goals at the times and in the amounts currently anticipated, if at all, the success of our marketing campaigns and product innovation, our ability to maintain food safety and quality control systems, changes in public health conditions, including the COVID-19 pandemic and regional outbreaks caused by existing or new COVID-19 variants, our ability to control costs and expenses, including tax costs, as well as changes in political, economic and regulatory conditions in China. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, China's leading quick-service restaurant brand, Pizza Hut, the leading casual dining restaurant brand in China, and Taco Bell, a California-based restaurant chain serving innovative Mexican-inspired food. Yum China also owns the Little Sheep, Huang Ji Huang and COFFii & JOY concepts outright. In addition, Yum China has partnered with Lavazza to explore and develop the Lavazza coffee shop concept in China. The Company had 12,117 restaurants in over 1,700 cities at the end of March 2022.
In 2021, Yum China ranked # 363 on the Fortune 500 list and was named to TIME100 Most Influential Companies list. Yum China has also been selected as member of both Dow Jones Sustainability Indices (DJSI): World Index and Emerging Market Index. In 2022, the Company was named to the Bloomberg Gender-Equality Index and was certified as a Top Employer 2022 in China by the Top Employers Institute, both for the fourth consecutive year. For more information, please visit http://ir.yumchina.com.
Percentages may not recompute due to rounding. NM refers to not meaningful.
Percentages may not recompute due to rounding. NM refers to not meaningful.
Percentages may not recompute due to rounding. NM refers to not meaningful.
In this press release:
- The Company provides certain percentage changes excluding the impact of foreign currency translation ("F/X"). These amounts are derived by translating current year results at prior year average exchange rates. We believe the elimination of the F/X impact provides better year-to-year comparability without the distortion of foreign currency fluctuations.
- System sales growth reflects the results of all restaurants regardless of ownership, including Company-owned, franchise and unconsolidated affiliate restaurants that operate our restaurant concepts, except for non-Company-owned restaurants for which we do not receive a sales-based royalty. Sales of franchise and unconsolidated affiliate restaurants typically generate ongoing franchise fees for the Company at an average rate of approximately 6% of system sales. Franchise and unconsolidated affiliate restaurant sales are not included in Company sales in the Condensed Consolidated Statements of Income; however, the franchise fees are included in the Company's revenues. We believe system sales growth is useful to investors as a significant indicator of the overall strength of our business as it incorporates all of our revenue drivers, Company and franchise same-store sales as well as net unit growth.
- Effective January 1, 2018, the Company revised its definition of same-store sales growth to represent the estimated percentage change in sales of food of all restaurants in the Company system that have been open prior to the first day of our prior fiscal year, excluding the period during which stores are temporarily closed. We refer to these as our "base" stores. Previously, same-store sales growth represented the estimated percentage change in sales of all restaurants in the Company system that have been open for one year or more, including stores temporarily closed, and the base stores changed on a rolling basis from month to month. This revision was made to align with how management measures performance internally and focuses on trends of a more stable base of stores.
- Company sales represent revenues from Company-owned restaurants. Company Restaurant profit ("Restaurant profit") is defined as Company sales less expenses incurred directly by our Company-owned restaurants in generating Company sales. Company restaurant margin percentage is defined as Restaurant profit divided by Company sales.
Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures
(in millions, except per share data)
(unaudited)
In addition to the results provided in accordance with U.S. Generally Accepted Accounting Principles ("GAAP") in this press release, the Company provides non-GAAP measures adjusted for Special Items, which include Adjusted Operating Profit, Adjusted Net Income, Adjusted Earnings Per Common Share ("EPS"), Adjusted Effective Tax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, certain non-cash expenses, consisting of depreciation and amortization as well as store impairment charges, and Special Items.
The following table set forth the reconciliation of the most directly comparable GAAP financial measures to the non-GAAP adjusted financial measures.
Net income, along with the reconciliation to Adjusted EBITDA, is presented below:
Details of Special Items are presented below:
(1) In February 2020, the Company granted Partner PSU Awards to select employees who were deemed critical to the Company's execution of its strategic operating plan. These PSU awards will only vest if threshold performance goals are achieved over a four-year performance period, with the payout ranging from 0% to 200% of the target number of shares subject to the PSU awards. Partner PSU Awards were granted to address increased competition for executive talent, motivate transformational performance and encourage management retention. Given the unique nature of these grants, the Compensation Committee does not intend to grant similar, special grants to the same employees during the performance period. The impact from these special awards is excluded from metrics that management uses to assess the Company's performance. The Company recognized share-based compensation expense of $2 million and $3 million associated with the Partner PSU Awards for the quarter ended March 31, 2022 and 2021, respectively.
(2) The tax expense was determined based upon the nature, as well as the jurisdiction, of each Special Item at the applicable tax rate.
The Company excludes impact from Special Items for the purpose of evaluating performance internally. Special Items are not included in any of our segment results. In addition, the Company provides Adjusted EBITDA because we believe that investors and analysts may find it useful in measuring operating performance without regard to items such as equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, depreciation and amortization, store impairment charges, and Special Items. Store impairment charges included as an adjustment item in Adjusted EBITDA primarily resulted from our semi-annual impairment evaluation of long-lived assets of individual restaurants, and additional impairment evaluation whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. If these restaurant-level assets were not impaired, depreciation of the assets would have been recorded and included in EBITDA. Therefore, store impairment charges were a non-cash item similar to depreciation and amortization of our long-lived assets of restaurants. The Company believes that investors and analyst may find it useful in measuring operating performance without regard to such non-cash item.
These adjusted measures are not intended to replace the presentation of our financial results in accordance with GAAP. Rather, the Company believes that the presentation of these adjusted measures provides additional information to investors to facilitate the comparison of past and present results, excluding those items that the Company does not believe are indicative of our ongoing operations due to their nature.
Unit Count by Brand
KFC
Pizza Hut
Others
The above tables reconcile segment information, which is based on management responsibility, with our Condensed Consolidated Statements of Income.
(1) Amounts have not been allocated to any segment for purpose of making operating decision or assessing financial performance as the transactions are deemed corporate revenues and expenses in nature.
(2) Primarily includes revenues and associated expenses of transactions with franchisees and unconsolidated affiliates derived from the Company's central procurement model whereby the Company centrally purchases substantially all food and paper products from suppliers and then sells and delivers to KFC and Pizza Hut restaurants, including franchisees and unconsolidated affiliates that operate our concepts.
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SOURCE Yum China Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/03/yum-china-reports-first-quarter-2022-results/ | 2022-05-04T00:10:48Z |
"Next Level Real Estate Asset Protection" by Clint Coons is released with Forbes Books
This release is posted on behalf of Forbes Books (operated by Advantage Media Group under license).
NEW YORK, Aug. 30, 2022 /PRNewswire/ -- Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors by Clint Coons, the founding partner of Anderson Business Advisors, is now available. The book is published with Forbes Books, the exclusive business book publishing imprint of Forbes, and is available on Amazon today.
Clint Coons, Esq. wrote Next Level Real Estate Asset Protection to unravel the discrepancy between a real estate investor's needs and those of a run-of-the-mill real estate buyer. Drawing from his decades of experience building a real estate portfolio, Coons shares what it takes to kickstart a career in real estate investment and start growing generational wealth.
Coons takes readers beyond the mindset of a casual real estate investor to demonstrate that real estate investment is a true business. As both an investor and an attorney himself, he knows too well what can happen to a person entering the real estate business without a solid legal foundation. Next Level Real Estate Protection is designed to give readers a crash course in asset protection, owning via entities, working with lenders, and long-term activities for developing multiple streams of passive income. Above all else, Coons wants to teach readers how to eliminate fear so they can make the right bold moves to supercharge their portfolios.
Coons' advice roots itself in the insights he's uncovered while working with ultra-wealthy real estate investors who treat their portfolios like a business. For Coons, this mindset shift makes all the difference – successful investors invest in themselves and aggressively pursue opportunities that present themselves.
"Most of the people who are paid to give advice to real estate investors are selling products and services. They don't invest in real estate themselves," Coons said. "So, while the advice they give might be 100 percent accurate from a tax perspective or a legal perspective or a banking perspective, it doesn't take into consideration the whole picture of what you, as an individual investor, are trying to accomplish at this stage of your investing career."
About Clint Coons
Clint Coons is a founding partner of Anderson Business Advisors. Since its inception in 1999, Clint has helped grow the business into a nearly 500-person organization spanning four states. A passionate advocate for real estate investment, Clint speaks to audiences across the country about the practices he uses to create sustainable, protected wealth for clients.
Clint earned his undergraduate degree from the University of Washington and his JD from Seattle University School of Law. He lives and works in Tacoma with his wife Tracy and their two children.
About Forbes Books
Launched in 2016 in partnership with Advantage Media Group, Forbes Books is the exclusive business book publishing imprint of Forbes. Forbes Books offers business and thought leaders an innovative, speed-to-market, fee-based publishing model and a suite of services designed to strategically and tactically support authors and promote their expertise. For more information, visit books.forbes.com.
Media Contacts
Lisa Loeffler, Anderson Business Advisors: lloeffler@andersonadvisors.com | C: 424.281.0417
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SOURCE Forbes Books | https://www.kxii.com/prnewswire/2022/08/30/creating-generational-wealth-through-real-estate/ | 2022-08-30T16:23:13Z |
CHICAGO, July 25, 2022 /PRNewswire/ -- Abstracts presented at the International Society for Heart and Lung Transplantation Annual Meeting gathers the latest research from around the world on caring for and improving outcomes for patients with advanced heart and lung disease. The 2022 ISHLT Annual Meeting featured more than 1,500 oral and poster presentations, integrating the 10 professional specialties represented within ISHLT—a collaborative approach that presents the best of how a multidisciplinary team cares for a patient. Each year, ISHLT recognizes the best research being presented at the meeting, highlighting investigators in each of the ISHLT Professional Communities, as well as several awards that focus on early career investigators.
The Philip K. Caves Award, Early Career Scientist Award, and Early Career Clinical Case Dilemmas Best Presentation Award encourage and reward original high-quality research from trainees, residents, fellows, graduate students, and young researchers in fields across advanced heart and lung disease and transplantation.
The ISHLT Professional Community Awards for Excellence recognize the interdisciplinary contributions made across the care continuum by ISHLT members, encouraging investigation and professional excellence in a wide variety of specialties.
These highly scored abstracts are available in a special supplement to the Journal of Heart and Lung Transplantation's April 2022 issue.
Philip K. Caves Award
Aditi Nayak, MD, MS
Brigham and Women's Hospital
Boston, MA USA
Presentation: Machine Learning Algorithms Identify Distinct Phenotypes of Right Heart Failure After Left Ventricular Assist Device Implant
Early Career Scientist Award
Rayoun Ramendra, BSc
University Health Network
Toronto, ON Canada
Presentation: Donor Airway Bile Acid as a Biomarker of Aspiration and Predictor of Post Lung Transplant Outcomes
Early Career Clinical Case Dilemmas Best Presentation Award
Hyeon-Ju Ali, MD
Houston Methodist Hospital
Houston, TX USA
Presentation: Management of Pulmonary Hypertension Secondary to Valvular Heart Disease with Angiotensin-Receptor Neprilysin Inhibitor
Cardiology Professional Community
Award for Excellence
Bhavadharini Ramu, MD, FACC
Medical University of South Carolina
Charleston, SC USA
Presentation: Sex-Based Outcomes After Implantation of a Fully Magnetically Levitated Left Ventricular Assist Device
Cardiothoracic Surgery Professional Community
Award for Excellence
Justin C.Y. Chan, MD, MPhil
New York University Langone Health
New York, NY USA
Presentation: Impact of Sex on Outcome After Pulmonary Endarterectomy (PEA) for Chronic Thromboembolic Pulmonary Hypertension (CTEPH)
Nursing and Allied Health Professional Community
Award for Excellence
Sarah Schettle, PA-C, MS, MBA
Mayo Clinic
Rochester, MN USA
Presentation: Does Hemoglobin A1c Accurately Depict Diabetic Control in LVAD Patients?
Pediatrics Professional Community
Award for Excellence
Lydia K. Wright, MD, MSc
Nationwide Children's Hospital
Columbus, OH USA
Presentation: Status Exceptions and Racial Disparities in Pediatric Heart Transplant Waitlist Outcomes
Pulmonology Professional Community
Award for Excellence
Sean Agbor-Enoh, MD, PhD
National Heart, Lung, and Blood Institute
Johns Hopkins University School of Medicine
Bethesda, MD USA
Presentation: Is Acute Rejection Truly Acute or an Exacerbation of an Underlying Disease?
Research and Immunology Professional Community
Award for Excellence
Daniel R. Calabrese, MD
University of California, San Francisco
San Francisco, CA USA
Presentation: Bronchoalveolar Lavage MICB is Associated with Severe Primary Graft Dysfunction, Prolonged Mechanical Ventilation, and Low Post-Transplant FEV1 in Lung Transplant Recipients
The International Society for Heart and Lung Transplantation is a not-for-profit, multidisciplinary professional organization dedicated to improving the care of patients with advanced heart or lung disease through transplantation, mechanical support and innovative therapies. With members in over 45 countries and more than 15 professional disciplines, ISHLT is the world's largest organization dedicated to the research, education and advocacy of end-stage heart and lung disease. For more information, visit www.ishlt.org.
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SOURCE The International Society of Heart and Lung Transplantation | https://www.kxii.com/prnewswire/2022/07/25/next-generation-advances-science-with-research-ishlt-annual-meeting/ | 2022-07-25T13:03:24Z |
Mammogen — a Female-led Precision Diagnostics Company — has Launched an Industry-first Online Marketplace Designed to Create a Tangible Bridge Between Science and Community
NEWPORT BEACH, Calif., Sept. 13, 2022 /PRNewswire/ -- Mammogen, a leading women's health company specializing in noninvasive precision diagnostics, has launched mammogen marketplace, an e-commerce platform designed to provide hope, comfort and support for those affected by women's health-related diseases. The company says this is the diagnostic industry's first online marketplace to support product and community development for patients and those who love them.
Mammogen was founded and is currently owned and operated by IV BioHoldings (IVBH), a bio-AI platform company at the forefront of the rapidly growing liquid biopsy industry. "Being a patient-first organization requires a willingness to integrate technologies across every axis of business, said IVBH Founder-CEO Marty Keiser, who also serves as chairman of Mammogen. "The marketplace is an important step towards proving that community can fuel market adoption and that market adoption can, in turn, fuel community."
Mammogen CEO and IVBH Chief Commercial Officer Elizabeth Cormier-May conceived of the marketplace after hundreds of conversations with patients and families affected by breast cancer. According to Cormier-May, the comfortable gear and accessories available through mammogen marketplace are designed to drive awareness of and provide solutions for major unmet needs in women's health, all through a centralized haven of resources.
"Innovation should not be confined to our science and product development," said Cormier-May. "We've tapped into the same level of creativity from which Mammogen was born to completely redefine traditional brand building, revenue generation and the development of non-clinical solutions that uplift and empower the patients and families that we serve. Using this marketplace to help build a bridge between science and community is central to ensuring Mammogen remains at the forefront of an ever-evolving healthcare landscape."
"Today, we are focused on important issues in breast health and driving awareness to the important role that noninvasive diagnostics play in improving patients' experiences and outcomes. Over time, our aim is to build mammogen marketplace into an expansive platform that closes the gap between science and community for all women, affected by all disease, all around the globe," said Cormier-May.
Mammogen partnered with Tee Commerce to create their marketplace. Tee Commerce, an e-commerce services provider that built a novel business initially focused on the golf industry, jumped at the opportunity to support a company with a patient-focused vision. Founded by Ben Vainer, a childhood cancer survivor, Tee Commerce understands the importance of early disease detection and partnered with Mammogen to bring the company's unique vision to life.
"We were honored to fuel Mammogen's entrance into e-commerce," said Tee Commerce Head of Operations Collin Lynch. "After understanding what mammogen marketplace will evolve into, we worked diligently on stocking their store with products focused on health and comfort. We look forward to watching Mammogen's new healthcare model unlock a new era of patient-focused care."
The marketplace's hallmark product, The Pink Robe Killer — described by Cormier-May as a "plush and cozy zip-up" — is meant to replace the impersonal, cold, pink paper robes that most women wear to their mammogram appointments. Cormier-May hopes the product will serve as a reminder for women to prioritize their own health, make self-care synonymous with comfort, and help the company continue to fuel innovation in women's health.
For more information, visit: mammogen.teecommerce.shop
Mammogen is a female-led specialty precision health company dedicated to radically improving the detection, diagnosis and treatment of women's health-related diseases, and creating a diverse and thriving global community that encourages, empowers and uplifts women throughout the journey of survivorship, from end-to-never-end. Mammogen's flagship genTRU diagnostic program is a clinical-stage, patent-pending technology that measures changes in RNA expression patterns, found in both blood and saliva, to provide a highly accurate diagnosis of breast cancer consistently across all stages of disease. The genTRU-breast suite of diagnostics is intentionally designed to rule more of the right women into imaging and intervention much earlier and to rule more of the wrong women out of unnecessary procedures. It's positioned to unlock regular and reliable screening for millions of women worldwide. Visit: mammogen.bio
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SOURCE IV BioHoldings | https://www.wibw.com/prnewswire/2022/09/13/mammogen-launches-dx-industrys-first-e-commerce-marketplace-strengthening-its-leadership-position-womens-health/ | 2022-09-13T14:38:16Z |
With the completion of the pilot, the Company presented representatives of the City of Jerusalem with a comprehensive calibrated simulation of the programs of traffic lights along Rabin Blvd. in Jerusalem in the morning hours
While demonstrating a significant real-time reduction in traffic congestion and emission of pollutants
TEL AVIV, Israel, June 14, 2022 /PRNewswire/ -- Axilion (TASE: AILN) today announces that it has successfully completed a pilot conducted by the Company along Rabin Blvd. in Jerusalem, using the X Way Twin system. With the completion of the pilot, the Company presented representatives of the City of Jerusalem with a comprehensive calibrated simulation of the programs of traffic lights along Rabin Blvd. in Jerusalem in the morning hours, while demonstrating a significant real-time reduction in traffic congestion and emission of pollutants, using the X Way Twin system which is being developed by the Company, and based on information collected by Axilion in recent months in order to produce an accurate solution. As stated, the degree of accuracy and reliability of the results were determined only according to the Company's metrics, as defined by the Company.
The pilot helped to fully verify the X Way Twin technology, and is another step towards implementation of more significant commercial pilots in the U.S. market which, to the Company's estimation, is the largest and most advanced market technologically and commercially.
Following the pilot's success, and after an in-depth review by the City of the scientific quality of the results and the possibility and economic merit of deploying sensors of a single supplier, the Company will continue the collaboration once the City installs advanced sensors across the city for information and data collection which will enable the full implementation of the X Way system's capabilities in Jerusalem.
The Company is grateful to the City of Jerusalem which allowed the placement of cameras at a number of intersections in the city, and to the Transport Master Plan Team for the collaboration and commitment to achieving transportation solutions, including technological solutions while investing significant managerial input.
The success of the pilot combined with the City of Jerusalem's commitment to achieving comprehensive transportation solutions, is another step towards the establishment of the technology developed by Axilion and proof of its advanced capabilities, ahead of the implementation of advanced pilots worldwide and transition to the commercial stage.
About Axilion Smart Mobility Ltd.:
Axilion is an Israel AI company which develops and builds tailored digital cities and enables them to reduce air pollution, decrease traffic congestion, streamline public transportation, and increase the safety of pedestrians, cyclists and scooters (micro mobility). The Company provides software-based urban infrastructure and algorithms for outdated traffic light systems, and gives them the ability to "communicate" in order to create green wave traffic along city routes, prioritize public transportation at traffic lights, and develop an AI-based infrastructure to manage traffic lights as a dynamic, synchronized, and adapted network which regulates traffic to the variety of means of transportation in the city, including connected and autonomous vehicles.
The unique technologies developed by Axilion include digital twin technology, which makes it possible to monitor traffic patterns in real time, implement the programs for traffic lights along a route, and simulate vehicle traffic, as well as AI technology and reinforcement learning technology. Combining digital twin with AI enables automated optimization solutions for urban route traffic light programs.
The Company's site: https://axilion.com/about/
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SOURCE Axilion Smart Mobility | https://www.kxii.com/prnewswire/2022/06/14/axilion-has-successfully-completed-pilot-x-way-twin-system-jerusalem/ | 2022-06-14T08:12:00Z |
SHANGHAI, June 29, 2022 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading and pioneer wealth management service provider in China offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net worth investors, today announced the launch of its global offering (the "Global Offering") of an aggregate of 1,100,000 Class A ordinary shares of the Company. The Global Offering comprises of a Hong Kong public offering of initially 110,000 Class A ordinary shares commencing on June 30, 2022, Hong Kong time (the "Hong Kong Public Offering") and an international offering of initially 990,000 Class A ordinary shares commencing today (the "International Offering"), and listing of Noah's Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") under the stock code "6686."
The Company's American depositary shares (the "ADSs"), two of which representing one Class A ordinary share of the Company, will continue to be listed and traded on the New York Stock Exchange ("NYSE"). Investors in the Global Offering will only be able to purchase Class A ordinary shares and will not be able to take delivery of ADSs. Upon listing in Hong Kong, the Class A ordinary shares listed on the Hong Kong Stock Exchange will be fully fungible with the ADSs listed on NYSE.
The initial number of Class A ordinary shares under each of the Hong Kong Public Offering and the International Offering represents approximately 10% and 90% of the total number of Class A ordinary shares initially available under the Global Offering, respectively, subject to reallocation and over-allotment. Subject to the level of oversubscription in the Hong Kong Public Offering and pursuant to the clawback mechanism as described in the prospectus to be issued by the Company in Hong Kong dated June 30, 2022, the total number of Class A ordinary shares available under the Hong Kong Public Offering could be adjusted to up to a maximum of 550,000 Class A ordinary shares, representing approximately 50% of the Class A ordinary shares initially available under the Global Offering. In addition, the Company expects to grant the international underwriters an over-allotment option to require it to allot and issue up to an additional 165,000 Class A ordinary shares of the Company in the International Offering, representing approximately 15% of the total number of Class A ordinary shares initially available under the Global Offering.
The offer price for the Hong Kong Public Offering (the "Hong Kong Offer Price") will be no more than HK$307.00, or US$39.12, per Class A ordinary share (equivalent to US$19.56 per ADS) (the "Maximum Hong Kong Offer Price"). The offer price for the International Offering tranche of the Global Offering (the "International Offer Price") may be set higher than, or the same as, the Maximum Hong Kong Offer Price. The Company will set the International Offer Price on or about July 6, 2022, Hong Kong time, by taking into consideration, among other factors, the closing price of the ADSs on the NYSE on the last trading day on or before July 6, 2022 and investor demand during the marketing process. The final Hong Kong Offer Price will be set at the lower of the final International Offer Price and the Maximum Hong Kong Offer Price. The shares will be traded in board lots of 20 Class A ordinary shares.
The Company plans to use the net proceeds from the Global Offering for further developing its wealth management business, for further developing its asset management business, for selectively pursuing potential investments, for investing in its in-house technology across all business lines, for overseas expansion, and for general corporate purposes. To the extent that the net proceeds of the Global Offering are not immediately required for the above purposes or if the Company is unable to put into effect any part of its plan as intended, the Company will hold such funds in short-term interest-bearing accounts at authorized licensed banks.
Goldman Sachs (Asia) L.L.C. is the sole sponsor and sole representative for the Global Offering. Goldman Sachs (Asia) L.L.C., BOCI Asia Limited and DBS Asia Capital Limited are joint global coordinators, joint bookrunners and joint lead managers for the Global Offering. Futu Securities International (Hong Kong) Limited is joint bookrunner and joint lead manager for the Global Offering.
The International Offering is being made only by means of a preliminary prospectus supplement dated June 29, 2022 and the accompanying prospectus included in an automatic shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission (the "SEC") on June 21, 2022, which automatically became effective upon filing. The registration statement on Form F-3 and the preliminary prospectus supplement are available at the SEC website at: http://www.sec.gov.
The proposed Global Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Global Offering may be completed, or as to the actual size or terms of the Global Offering. This press release shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities of the Company, nor shall there be any offer or sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. This press release does not constitute a prospectus (including as defined under the laws of Hong Kong) and potential investors should read the prospectus of the Company for detailed information about the Company and the proposed Global Offering, before deciding whether or not to invest in the Company. This press release has not been reviewed or approved by The Stock Exchange of Hong Kong Limited or the Securities and Futures Commission of Hong Kong.
The price of the Class A ordinary shares of the Company may be stabilized in accordance with the Securities and Futures (Price Stabilization) Rules. The details of the intended stabilization and how it will be regulated under the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong) will be contained in the prospectus of the Company dated June 30, 2022.
ABOUT NOAH HOLDINGS LIMITED
Noah Holdings Limited (NYSE: NOAH) is a leading and pioneer wealth management service provider in China offering comprehensive one-stop advisory services on global investment and asset allocation primarily for high net worth investors. Noah is a Cayman Islands holding company and carries on business in Hong Kong as Noah Holdings Private Wealth and Asset Management Limited.
Noah's wealth management business primarily distributes private equity, public securities and insurance products denominated in RMB and other currencies. Noah delivers customized financial solutions to clients through a network of 1,281 relationship managers across 83 cities in mainland China, and serves the international investment needs of its clients through offices in Hong Kong, Taiwan, New York, Silicon Valley and Singapore. The Company's wealth management business had 415,082 registered clients as of March 31, 2022. Through Gopher Asset Management, Noah manages private equity, public securities, real estate, multi-strategy and other investments denominated in Renminbi and other currencies. Noah also provides other businesses.
For more information, please visit Noah at ir.noahgroup.com.
SAFE HARBOR STATEMENT
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the outlook for 2022 and quotations from management in this announcement, as well as Noah's strategic and operational plans, contain forward-looking statements. Noah may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Noah's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause Noah's actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: its goals and strategies; its future business development, financial condition and results of operations; the expected growth of the wealth management and asset management market in China and internationally; its expectations regarding demand for and market acceptance of the products it distributes; investment risks associated with investment products distributed to Noah's investors, including the risk of default by counterparties or loss of value due to market or business conditions or misconduct by counterparties; its expectations regarding keeping and strengthening its relationships with key clients; relevant government policies and regulations relating to its industries; its ability to attract and retain qualified employees; its ability to stay abreast of market trends and technological advances; its plans to invest in research and development to enhance its product choices and service offerings; competition in its industries in China and internationally; general economic and business conditions in China; and its ability to effectively protect its intellectual property rights and not to infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Noah's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 20-F and other filings with the SEC and the prospectus registered in Hong Kong. All information provided in this press release and in the attachments is as of the date of this press release, and Noah does not undertake any obligation to update any such information, including forward-looking statements, as a result of new information, future events or otherwise, except as required under the applicable law.
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SOURCE Noah Holdings Limited | https://www.kxii.com/prnewswire/2022/06/29/noah-holdings-limited-launches-global-offering/ | 2022-06-29T12:23:25Z |
CAMBRIDGE, Mass., May 17, 2022 /PRNewswire/ -- OncoPep, Inc. has named Dr. Victor Moyo Chief Medical Officer effective May 9th. As CMO, Moyo will provide strategic clinical leadership to ensure delivery of OncoPep's efforts to develop transformative immunotherapeutics. Moyo has over 16 years of experience in the pharmaceutical industry as a physician whose core clinical development expertise includes design, implementation, and development of phase I-IV oncology studies. He has been board certified in internal, hematological, and oncological medicine.
"Dr. Moyo is a seasoned veteran with strong clinical and regulatory experience with Pre-IND/IND, Phase I through IV studies, and NDA submissions," said Michael Krepps, Chief Operating Officer of OncoPep. He adds, "Victor's demonstrated skills to successfully establish and lead teams will be an asset to our organization, and I am pleased to have him join the executive team."
Moyo will focus on managing clinical development of PVX-410, OncoPep's lead asset, and will also contribute heavily to the preclinical development of multiple pipeline programs in his new role.
"It's an honor to take on these responsibilities at OncoPep," Dr Moyo said. "The opportunity to work with OncoPep's staff of world-renowned experts who are using cutting-edge technologies is humbling. I look forward to being a part of this most important and exciting mission."
Before joining OncoPep, Moyo worked at L.E.A.F Pharmaceuticals (LEAF) where he established and managed a strong R&D division and laboratory of 15 scientists. The team was responsible for all R&D activities including, conceptualization, design, formulation, and pre-clinical evaluation of novel nano-liposomal products as well as lead candidate selection, filing of relevant IP, to conduct IND enabling studies and a clinical program. He has also led the team through various regulatory interactions with the FDA and EMA as well as ANSM in France. Prior to LEAF, Moyo was at Merrimack Inc where he worked on numerous biological and nanotherapeutic programs including Onivyde® which is approved for metastatic pancreatic cancer
Moyo earned his MBChB from the University of Zimbabwe, completed a residency in internal Medicine at the George Washington University Hospital and Fellowship training in Hematology and Oncology at John Hopkins.
About OncoPep, Inc:
OncoPep, Inc. is developing novel immunotherapeutics to prevent the progression of cancer, extend survival, and restore the quality of life of patients. OncoPep's lead program, PVX-410, is an investigational, multi-peptide therapeutic vaccine being evaluated to treat smoldering multiple myeloma and triple-negative breast cancer by stimulating an immune response against cancer cells.
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SOURCE OncoPep, Inc. | https://www.wibw.com/prnewswire/2022/05/17/dr-victor-moyo-mbchb-joins-oncopep-chief-medical-officer/ | 2022-05-17T15:12:10Z |
SACRAMENTO, Calif. (AP) — Brian Dahle, the Republican Party’s longshot hope to unseat Gov. Gavin Newsom in California, knows that to win in his progressive home state he can’t allow Democrats to label him as an election denying, abortion-hating, gun-loving, bombastic right-winger.
It’s why Dahle, an affable farmer and state senator from the sparsely populated northeast corner of the state, goes out of his way to make one thing clear: “I’m not a crazy Republican. I’m a reasonable person.”
Whether voters believe he is what he says and not how Democrats portray him will determine how Dahle does against Newsom, a first-term Democrat who is an overwhelming favorite in November.
Republicans haven’t won a statewide office in California since 2006 because their candidates generally are little-known, little-funded and identified — rightly or wrongly — as strong social conservatives in a state that’s socially liberal. The GOP has seen its share of registered voters shrink to the point where Democrats now have a roughly 2-to-1 advantage and there are nearly as many independents as Republicans.
Under California’s primary system, all candidates compete against each other and the two with the most votes advance to the general election. Newsom won last month with 56%, while Dahle received just 17% in a field of more than two dozen candidates.
With Dahle locked in as their opponent, Newsom’s campaign moved quickly to identify him as the antithesis to what most Californians want.
“Dahle is a Trump Republican who wants to abolish abortion rights, repeal California’s gun safety laws and is searching for any shred of relevance after getting absolutely crushed by Governor Newsom in (the) primary vote,” said Newsom campaign spokesperson Nathan Click.
Dahle acknowledges voting for Trump, calls himself “pro-life” and says he is a strong defender of the Second Amendment. But he says his record is more nuanced than Newsom’s campaign claims.
While he voted for Trump, he has not publicly amplified Trump’s lie that he was the rightful winner of the 2020 presidential election. He voted against a proposal to make abortion a constitutional right in California but went against his party and voted for a 2021 bill that would have made contraceptives — including the morning-after pill — much cheaper.
On guns, Dahle voted against a Newsom-backed bill to let private citizens sue people who sell illegal firearms and a bill that would ban the marketing of guns to children. Dahle’s office would not comment on a new bill aimed at limiting where people can carry concealed firearms, a response to the U.S. Supreme Court last month overturning the state’s law.
He wants to make it a felony to steal a gun, supports enhancements for gang members and others jailed previously who commit new crimes using guns. And he voted for a bill to strengthen a unique California program that confiscates guns from convicted felons who aren’t supposed to have them.
His plan to beat Newsom is to focus on what he thinks are the real problems people care about — record high gas prices, rising crime and the state’s high cost-of-living — while portraying Newsom, a millionaire businessman and former San Francisco mayor, as an out-of-touch elitist.
“The facts are (Newsom) is a failure. Show me something he is succeeding at. And that’s what we’re going to talk about,” Dahle said.
As governor, Dahle said he would push to suspend the state’s gas tax, which at 53.9 cents per gallon is the second-highest in the country. He says he would remove Newsom’s appointments to the state Parole Board, which he says often lets “violent criminals out before their sentences are up.”
And Dahle said he would push through hundreds of new permits for oil and gas drilling in the state at a time when California regulators are working on Newsom’s plan to ban the sale of new gas-powered cars and lawn equipment.
Newsom won in 2018 with nearly 62% of the vote. He defeated a recall last year by about the same margin. He has $23 million in his campaign account and a record state budget surplus of nearly $100 billion, of which about $9.5 billion will be returned to most taxpayers in rebates to help offset high gas prices.
Dahle has just under $400,000 in his campaign account. He’s asking supporters to donate $1 a day to his campaign. He needs about 200,000 people to do this to catch up with Newsom’s fundraising — which isn’t likely to happen.
“The key to his success would be in drawing the earned media attention necessary in order to define himself beyond the party label,” said Rob Nehring, former chair of the California Republican Party and the 2014 Republican nominee for lieutenant governor. “If this is only a party preference vote even in a strong Republican year, he’s likely to come up short.”
Dahle was raised in Bieber, a tiny community of a few hundred people in the northeast corner of the state. His grandfather, a World War I veteran, came to California during the Great Depression and got a land grant in Siskiyou County that, according to family legend, he won when his name was pulled from a pickle jar. The deed is signed by Franklin Delano Roosevelt, Dahle said.
Dahle didn’t go to college. He tried farming out of high school, but quickly lost money. To pay his creditors, he packed a lunch and stood outside of a lumber mill every morning for three days until the owner hired him. He worked construction for a few years, including some long hours in a gold mine, before starting a seed business that he still owns.
He won his first race for the Lassen County Board of Supervisors by beating a popular teacher from the town of Susanville where most of the voters lived. He won a seat in the state Assembly by beating Rick Bossetti, a former professional baseball player and mayor of Redding, the largest city in the region with about 90,000 people.
And he was elected to the state Senate by beating Kevin Kiley, a fellow Republican in the Assembly who lived in a much more populated area.
“He did the things that you need to do and he surprised his opponents,” said Jim Chapman, a Democrat-turned-independent who served on the board of supervisors with Dahle. “ He’s got a very charismatic demeanor and right off the bat, from the moment I met him, I knew this guy was going to go somewhere.”
Government life has seemed to suit Dahle and his family. He proposed to his wife, Megan, during a supervisors meeting. Now, Megan is a Republican in the state Assembly. They’re like most married couples, except when they disagree it can be part of a public record.
“I just tease him and tell him, well, he was probably wrong,” Megan Dahle said of the times they voted differently on legislation. “He’s a farmer, so he works hard and he has great relationships with people. They can trust him.”
When he arrived in Sacramento, Dahle endeared himself to legislative colleagues in both parties by hosting tours of his district, which includes picturesque farmland in the shadow of the Sierra Nevada. In 2016, he worked with a bipartisan group of lawmakers to pass a law aimed at stopping patients from receiving surprise bills from health care providers outside their insurance network.
Last year’s recall election essentially cleared the field of Republicans this year, as none of the top candidates opted to challenge Newsom again. That created an opportunity for Dahle, who will be termed out of the Senate in 2024. He realizes his success rests on a sudden political reversal in a state that’s been moving more left with each election.
“I’ve seen the pendulum swing, and when it swings, it swings fast,” Dahle said. “So my message is, ‘Hey, do you want what you’ve been getting? How about try something different?’” | https://cw33.com/news/politics/ap-politics/newsoms-opponent-im-reasonable-not-a-crazy-republican/ | 2022-07-05T19:32:35Z |
Can't miss events during the Pro Football Hall of Fame Enshrinement Festival
Empty seats were sprinkled throughout Tom Benson Hall of Fame Stadium during Brad Paisley's concert to close out the 2021 Pro Football Hall of Fame Enshrinement Festival.
But full house or not, Paisley was masterful on stage. Both authentically country and electrically entertaining, the artist wielded a guitar and interacted with the audience amid a backdrop of colorful video displays.
This was a must-see moment at the annual football festival. Every Concert for Legends is. And it won't be any different when pop rock stalwarts Journey headline the show this year.
Journey was a mainstream music sensation of the 1980s, releasing a slew of hit songs, including "Wheel In The Sky," "Any Way You Want It," "Don't Stop Believin'," "Open Arms," "Faithfully," "Lights," "Only the Young," "Be Good to Yourself," "Lovin,' Touchin,' Squeezin'" and "Separate Ways (Worlds Apart)."
The band has sold more than 100 million records, including two albums that individually have exceeded 10 million in sales. Journey was inducted into the Rock & Roll Hall of Fame in 2017.
The Concert for Legends is coordinated by the Hall of Fame Village powered by Johnson Controls.
Changes include holding the concert at 8 p.m. Saturday as opposed to Sunday or Monday, which has been past practice for the marquee festival event.
Known for the hit songs, " Love is Like a Rock" and "Ah! Leah!," Donnie Iris and The Cruisers are opening for Journey.
To purchase tickets, visit https://www.hofvillage.com/p/events/concert-for-legends-presented-by-ford.
Also ranking as festival rites of passage are the Grand Parade, Balloon Classic, Enshrinee Roundtable, Fun Fest and Beer Fest, Canton First Friday and festival soirees.
For scheduling information and details for both free and ticketed events, visit https://www.profootballhoffestival.com.
Pull up a chair to watch the Canton Repository Grand Parade
Not to be outdone is The Canton Repository Grand Parade from 8 to 10:30 a.m. Aug. 6, starting in downtown Canton along Cleveland Avenue.
Times change in the world. The game of football evolves. But the parade remains an ageless spectacle of floats, marching bands, cheerleaders and iconic NFL players.
More:Donnie Iris and The Cruisers to open for Journey at Aug. 6 Concert for Legends at HOF Fest
More to do during Hall of Fame week:Hall of Fame Fun Fest in Canton brings out super fans for fun moments and magical memories
Brad Paisley shines:Brad Paisley electrifies light but enthusiastic crowd to wrap up HOF Festival
A slice of Americana, the parade is by far the best many attendees will ever experience in person. Extra special is the chance to see NFL greats drive past only several feet away, both new inductees and those spanning the decades.
Fans holler out congratulations and encouragement. Cellphones are positioned for photos. Music booms from marching bands. Cheerleaders fill the air with pep. Unicycle riders entertain. Candy is tossed to children. And the parade seemingly lasts forever.
Showing up way early is suggested for those wanting a good spot to place a folding chair. Reserved seating is also sold through the festival. And if you have a friend who lives along the parade route, it's time to get reacquainted.
Up, up and away with the Balloon Classic
Last summer, on the Saturday morning of Hall of Fame Festival weekend, I made an early-morning run to a Jackson Township bakery.
Planning only to pick up pastries, I found myself mesmerized when I glanced out a window to see colorful hot air balloons floating against a crisp blue sky. Right there it was, the beauty of the Balloon Classic.
The Balloon Classic presented by Aultman is 4 to 10 p.m. on Friday and Saturday.
Weather dependent, balloons launch from the campus area of Kent State University at Stark and Stark State College in Jackson Township.
The event attracts balloonists from across the country. Balloon launches are 6 to 7:30 p.m. Friday and Saturday, weather permitting.
Activities between 4 and 10 p.m. include a target drop, inflatables for children and skydivers. Food vendors also will be available.
Admission is free and parking is $5. Friday features the Night Glow event.
Viewing areas are also plentiful in parking lots near Belden Village Mall and The Strip, as well as throughout the Canton area.
Whether gazing from near or far, a sky dotted with balloons of varying styles, hues and shapes makes for pictures worth sharing on social media.
Fun Fest and Beer Fest
This newer and free event offers a casual yet upbeat atmosphere.
Depending on when you attend, crowds can be heavy or relatively light. DJs provide music and bands perform. Children’s fun includes inflatables and games.
For those wanting to purchase Hall of Fame merchandise, an outdoor tent offers gridiron goodies galore, particularly items honoring the new class of inductees.
Fun Fest and Beer Fest also offer a bonus opportunity for autographs. There's no guarantee, but depending on the timing, you just might spot a Hall of Fame member strolling the museum grounds.
Another plus is the overall camaraderie of fans. Many of them are bedecked in the regalia of their favorite teams. Selfie and photo opportunities abound.
The Fun Fest and Beer Fest is noon to 7 p.m. Aug. 4; noon to 4 p.m. Aug. 5; and 9 a.m. to 9 p.m. Aug. 6. Activities are on the Pro Football Hall of Fame campus.
Private parties
Mind you, I have never been a guest at one of the exclusive shindigs that have become both custom and legend during the festival.
But others have ... and if you get an invite ... or somehow can finagle your way into one ... by all means, go for it.
Past inductees have called in A-list entertainers — Justin Timberlake and Jon Bon Jovi among them — for their exclusive gatherings.
More:Savory Stark: Desert Inn caters private HOF Festival party featuring rap star Ja Rule
Local VIPs also host parties, and last year was no different.
During the 2021 festival, celebrity sightings at a private party in the North Canton area included star rapper Ja Rule and football great and broadcaster Michael Irvin.
Hollywood types also were said to be at the party, which drew an estimated 250 people.
Enshrinees' Roundtable
While I've never attended the Enshrinees' Roundtable, local officials and festival-goers often tout the event as an opportunity to watch and listen to the new class of Hall members in a more relaxed setting.
The 2022 inductees will share stories about their lives and football careers in an informal and personal format at this unscripted event.
The ticketed event is at noon Aug. 7 at the Canton Memorial Civic Center. For more information, go to https://www.profootballhoffestival.com/tickets.
Canton First Friday
For those who have yet to discover First Friday events in downtown Canton, what are you waiting for?
The August First Friday will be an ideal time to check it out. Naturally, it will be football themed.
Family-friendly activities are the norm. Centennial Plaza is the football-inspired crown jewel of downtown. Not only does it commemorate those who have played in the NFL, but it serves as a focal point of live music and other entertainment.
Downtown businesses and restaurants also will be open. Art galleries will feature exhibits. And everywhere you turn downtown, there will be a buzz of excitement.
First Friday is from 5 to 9 p.m. Aug. 5.
For more information, go to https://cantonfirstfriday.com.
Reach Ed at 330-580-8315 and ebalint@gannett.com
On Twitter @ebalintREP | https://www.cantonrep.com/story/news/2022/07/27/pro-football-hof-fest-icons-celebrities-parade-floats-autographs/7733230001/ | 2022-07-27T11:12:18Z |
WASHINGTON, June 22, 2022 /PRNewswire/ -- Today, American Trucking Associations President and CEO Chris Spear issued a statement calling on leaders in Washington to get serious about lowering energy prices and reducing inflation, rather than considering a proposal to temporarily suspend the federal fuel tax:
"After months of touting the passage of the well-funded Infrastructure Investment and Jobs Act – a much-needed investment in our nation's roads and bridges – the Biden Administration wants to cut that same highway system's primary source of funding with a suspension of the federal fuel tax.
"Here are three immediate things this Administration and Congress can do that will actually make a difference. Make America energy independent… stop kissing the ring of Saudi Arabia. Renew trade agreements with the European Union and Asian Pacific nations in order to export more American oil and natural gas. And, balance the budget… stop wasting hard-earned taxpayer dollars on senseless programs that drive up inflation and runaway deficits.
"Energy independence, trade and a balanced budget. Do that, and America wins."
American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nation's freight. Follow ATA on Twitter or Facebook. Trucking Moves America Forward
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SOURCE American Trucking Associations | https://www.wibw.com/prnewswire/2022/06/22/trucking-industry-strongly-opposes-fuel-tax-holiday-gimmick/ | 2022-06-22T15:53:40Z |
State Dept confirms death of 2nd American in Ukraine war
WASHINGTON (AP) — The State Department is confirming the death of a U.S. citizen in Ukraine who is believed to be only the second American to have been killed in the conflict there.
The department said Tuesday that Stephen Zabielski had died in Ukraine and that it is in touch with his family to provide consular support and assistance. “Out of respect to the family during this difficult time, we have nothing further,” it said.
The department did not provide a date or the circumstances of his death but an obituary published in his hometown newspaper said Zabielski, 53, had died on May 15. The Recorder in Amsterdam, New York, where Zabielski had lived until 2018, said he had been killed while fighting in the village of Dorozhniank, Ukraine.
Zabielski is at least the second American to have been killed in combat in Ukraine. In late April, Willy Joseph Cancel, a 22-year-old former Marine from Tennessee was killed fighting in Ukraine.
In brief comments about Zabielski, the State Department reiterated longstanding advice it has given to Americans not to travel to Ukraine for any reason due to the fighting.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/21/state-dept-confirms-death-2nd-american-ukraine-war/ | 2022-06-21T17:33:22Z |
WASHINGTON (AP) — Thousands of people rallied on the National Mall and across the United States on Saturday in a renewed push for gun control measures after recent deadly mass shootings from Uvalde, Texas, to Buffalo, New York, that activists say should compel Congress to act.
“Enough is enough,” District of Columbia Mayor Muriel Bowser told the second March for Our Lives rally in her city. “I speak as a mayor, a mom, and I speak for millions of Americans and America’s mayors who are demanding that Congress do its job. And its job is to protect us, to protect our children from gun violence.”
Speaker after speaker in Washington called on senators, who are seen as a major impediment to legislation, to act or face being voted out of office, especially given the shock to the nation’s conscience after 19 children and two teachers were killed May 24 at Robb Elementary School in Uvalde.
“If our government can’t do anything to stop 19 kids from being killed and slaughtered in their own school, and decapitated, it’s time to change who is in government,” said David Hogg, a survivor of the 2018 shooting that killed 17 students and staff at Marjory Stoneman Douglas High School in Parkland, Florida.
A co-founder of the March For Our Lives organization that was created after that shooting and held its first rally in Washington not long afterward, Hogg led the crowd in chants of “Vote them out.”
Another Parkland survivor and group co-founder, X Gonzalez, delivered an impassioned, profanity-laced plea to Congress for change. “We are being murdered,” she screamed and implored Congress to “act your age, not your shoe size.”
Added Yolanda King, granddaughter of Martin Luther King Jr.: “This time is different because this isn’t about politics. It’s about morality. Not right and left, but right and wrong, and that doesn’t just mean thoughts and prayers. That means courage and action.”
Manuel Oliver, whose son, Joaquin, was killed in the Parkland shooting, called on students “to avoid going back to school until our elected leaders stop avoiding the crisis of gun violence in America and start acting to save our lives.”
Hundreds gathered at an amphitheater in Parkland, where Debra Hixon, whose husband, high school athletic director Chris Hixon, died in the shooting, said it is “all too easy” for young men to walk into stores and buy weapons.
“Going home to an empty bed and an empty seat at the table is a constant reminder that he is gone,” said Hixon, who now serves as a school board member. “We weren’t done making memories, sharing dreams and living life together. Gun violence ripped that away from my family.”
In San Antonio, about 85 miles east of Uvalde, marchers chanted “Hey, hey, ho, ho, the NRA has got to go.” A man who said he helped to organize the rally, Frank Ruiz, called for gun reform laws similar to those enacted in Florida after the Parkland shooting that focused on raising the age for purchasing certain firearms and flagging those with mental health issues.
The U.S. House has passed bills to raise the age limit to buy semi-automatic weapons and establish federal “red flag” laws. A bipartisan group of senators had hoped to reach agreement this week on a framework for addressing the issue and held talks Friday, but no deal was announced.
President Joe Biden, who was in California when the Washington rally began, said his message to demonstrators was “keep marching” and added that he is “mildly optimistic” about legislative negotiations to address gun violence. Biden recently delivered an impassioned address to the nation in which he called for several steps, including raising the age limit for buying assault-style weapons.
In New York City, Mayor Eric Adams, who campaigned on reining in violence in the nation’s largest city, joined state Attorney General Letitia James, who is suing the National Rifle Association, in leading activists across the Brooklyn Bridge.
“Nothing happens in this country until young people stand up — not politicians,” James said.
Joining the call for change were hundreds of people who rallied in a park outside the courthouse in Portland, Maine, before they marched through the Old Port and gathered outside of City Hall. At one point, they chanted, “Hey, hey, hey, NRA. How many kids did you kill today.”
John Wuesthoff, a retired lawyer in Portland, said he was waving an American flag during the rally as a reminder that gun control is “not un-American.”
“It’s very American to have reasonable regulations to save the lives of our children,” he said.
The passion that the issue stirs was clear in Washington when a young man jumped the barricade and tried to rush the stage before being intercepted by security. The incident caused a brief panic as people began to scatter.
Organizers hoped the second March for Our Lives rally would draw as many as 50,000 people to the Washington Monument, though the crowd seemed closer to 30,000. The 2018 event attracted more than 200,000 people, but the focus this time was on smaller marches at an estimated 300 locations.
The youth-led movement created after the Parkland shooting successfully pressured the Republican-dominated Florida state government to enact sweeping gun control changes. The group did not match that at the national level, but has persisted in advocating for gun restrictions since then, as well as participating in voter registration drives.
Survivors of mass shootings and other incidents of gun violence have lobbied legislators and testified on Capitol Hill this week. Among them was Miah Cerrillo, an 11-year-old girl who survived the shooting at Robb Elementary. She described for lawmakers how she covered herself with a dead classmate’s blood to avoid being shot.
___
Associated Press writers Jennifer Peltz in New York, David Sharp in Portland, Maine, and Chris Megerian in Los Angeles contributed to this report. | https://cw33.com/news/politics/ap-politics/thousands-rally-for-gun-reform-after-surge-in-mass-shootings/ | 2022-06-11T20:44:10Z |
Technology industry executive has proven track record and will lead company in next stage of its growth
NEW YORK, July 18, 2022 /PRNewswire/ -- Elm Street Technology, LLC ("Elm Street" or the "Company"), a leading provider of residential real estate technology and marketing solutions, today announced that Byron McDuffee has joined the Company as Chief Executive Officer, effective July 14th. Elm Street is backed by Aquiline Capital Partners LLC ("Aquiline"), a private investment firm based in New York and London with $8.7 billion in assets under management that invests in businesses globally across financial services and technology.
Mr. McDuffee is a long-time technology industry veteran with a strong track record of leading vertical-focused software companies. Mr. McDuffee most recently served as the COO of DealerSocket, Inc., a global software as a service (SaaS) company operating in over 100 countries that offers solutions for franchise and independent auto dealers including customer relationship management, dealership management solution, inventory management, websites and digital retailing. Previously, he served as a Senior Vice President at Equifax where his core focus areas included transformational process re-engineering and adjacent market expansion.
"I am excited to be joining Elm Street to lead the Company as it builds on its strong reputation as a technology leader in the real estate industry," said Mr. McDuffee. "I look forward to positioning the Company for continued and accelerated growth while achieving the highest levels of customer satisfaction as we work towards solidifying and expanding our market position."
"Byron is a seasoned executive with the experience and knowledge to drive strong operational and financial outcomes in competitive markets while building a positive company culture," said Jeff Greenberg, Chairman and CEO of Aquiline. "We are confident that Byron will make an immediate impact at Elm Street and help the Company continue on its growth trajectory."
About Elm Street Technology, LLC
Elm Street Technology offers a growing portfolio of real estate technology and marketing services with the goal of providing one vendor and one point of contact, fully fused into one singular platform – Elevate - to capture and nurture more leads into closed business. Elevate allows busy real estate professionals the ability to streamline and automate their marketing and day-to-day business objectives by offering high-end IDX websites, lead generation tools, a powerful CRM, email, social, text and blog marketing automation, recruiting and retention tools, and more. For more information, please visit tryelevate.com.
About Aquiline Capital Partners LLC
Aquiline Capital Partners, founded in 2005, is a private investment firm based in New York and London investing in companies across financial services and technology, healthcare, and business services. The firm had $8.7 billion in assets under management as of March 31, 2022. For more information about Aquiline, its investment professionals, and its portfolio companies, please visit www.aquiline.com.
Media Contacts
Prosek Partners for Aquiline Capital Partners
Josh Clarkson / John Perilli / Maria Jose Gonzalez
jclarkson@prosek.com / jperilli@prosek.com / mjgonzalez@prosek.com
Elm Street
Bondilyn Jolly, Chief Marketing Officer
Bondilyn.jolly@elmstreet.com
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SOURCE Elm Street Technology, LLC | https://www.mysuncoast.com/prnewswire/2022/07/18/elm-street-technology-appoints-byron-mcduffee-chief-executive-officer/ | 2022-07-18T11:36:43Z |
Birdwatcher Christian Cooper was thrust into the spotlight in 2020 when he filmed a racially charged encounter with a White woman in New York's Central Park. Next year he'll be back on television on his own terms: To showcase his passion for birdwatching on National Geographic.
Cooper will host a series, "Extraordinary Birder," which National Geographic says will take viewers on a journey through the "wild, wonderful and unpredictable world of birds" around the US.
"Whether braving stormy seas in Alaska for puffins, trekking into rainforests in Puerto Rico for parrots, or scaling a bridge in Manhattan for a peregrine falcon, he does whatever it takes to learn about these extraordinary feathered creatures and show us the remarkable world in the sky above," it said in a statement.
Cooper, 59, told The New York Times that National Geographic reached out to him about a potential series a year and a half ago.
"I was all in," he said. "I love spreading the gospel of birding."
A National Geographic spokesperson told CNN the show will premiere in spring of 2023.
When CNN reached Cooper by phone he declined to provide additional details. But he expressed his excitement in a post last week on Facebook.
"Birding has exploded in popularity recently, and I'm looking forward to putting a spotlight on these amazing creatures and the extraordinary birders who love them and work to protect them!" he wrote.
Cooper declined to cooperate in Amy Cooper's prosecution
Cooper made headlines after a White woman falsely accused him of threatening her and her dog on May 25, 2020 — the same day a police officer killed George Floyd in Minneapolis.
Amy Cooper (no relation) was walking her dog in Central Park when she encountered Christian Cooper in a wooded area known as the Ramble, which is famous for birdwatching.
A dispute began after he asked her to leash her dog, which is required at the Ramble. She threatened to call 911 as he used his phone to record a video of the incident.
"I'm going to tell them there's an African American man threatening my life," she said in the video.
She then told dispatchers that she was in danger as he remained mostly silent. "I'm in the Ramble. And there is a man, African American — he has a bicycle helmet. He's recording me and threatening me and my dog," she said.
Christian Cooper posted part of their exchange on social media, where it was widely shared as another example of White people calling the police on Black people doing mundane things such as banking and running. One version posted on Twitter has been viewed over 45 million times.
The outrage was broad and swift. Amy Cooper was fired from her job at a financial services firm and charged with filing a false police report. Christian Cooper said he would not cooperate in her prosecution.
"Considering that Amy Cooper has already lost her job and her reputation, it's hard to see what is to be gained by a criminal charge, aside from the upholding of principle," Christian Cooper wrote in an July 2020 opinion piece in The Washington Post. "If her current setbacks aren't deterrent enough to others seeking to weaponize race, it's unlikely the threat of legal action would change that."
Amy Cooper told CNN in 2020 that she's not a racist and wanted to "publicly apologize to everyone."
In February 2021 prosecutors dropped the charge against Amy Cooper after she completed education and therapy classes on racial equity.
He wrote a comic book about his experiences
Birdwatching's popularity has grown during the pandemic among people looking for safe outdoor hobbies.
Christian Cooper has said his love for birding started as a child when he read a book on birds to stay busy during a cross-country road trip with his parents. By the time they arrived in California, he could identify some birds, he told The Washington Post in 2020.
He's also a big fan of comics and superheroes, and once worked as a comics editor and writer. After the Central Park incident he wrote a graphic novel partly inspired by his experiences. DC Comics published the novel, "It's a Bird," in September 2020.
It tells the story of Jules, a Black teenage birdwatcher, who gets an old pair of binoculars with magic powers. When he looks through them, he sees the stories of Amadou Diallo, Breonna Taylor and George Floyd -- unarmed Black Americans who were killed by police.
"I hope young people read it in particular, and that they're inspired to keep the focus where it needs to be, which is on those we have lost and how we keep from losing more," Cooper said at the time.
Christian Cooper's new show is one of six new nonfiction series coming to National Geographic.
They include "Dance The World With Derek Hough"; "Farming Is Life," with urban gardener and influencer Indy Srinath; "Restaurants At The End Of The World," with chef and entrepreneur Kristen Kish; and a yet-to-be titled series with travel blogger Jeff Jenkins.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment/the-black-birdwatcher-who-recorded-a-viral-clash-with-a-white-woman-in-new-yorks/article_fe66ac04-651c-59c6-87ec-3ff8a3dab6f7.html | 2022-05-24T14:08:20Z |
Dems hone populist appeal with proposed stock trading ban
WASHINGTON (AP) — When Rep. Abigail Spanberger first introduced a bill banning stock trading by members of Congress and their families, the Virginia Democrat managed to get only eight co-sponsors. So far this session, 62 — or about one out of every seven House members — have signed on.
It’s a similar story in the Senate. Sen. Jeff Merkley, D-Ore., a once lonely voice on the issue, had just one co-sponsor for his proposed stock trading ban in the last two congressional sessions. Now, he has nine.
The uptick in support reflects a growing lawmaker appetite to tighten the rules around trading after several members faced heavy scrutiny for their stock transactions during the pandemic. While there’s no guarantee any of the proposals will become law, many lawmakers facing the toughest reelection races have embraced the legislation, elevating the ethics issue as a talking point — and potential point of attack — for the midterm campaigns.
Even with voters focused on issues like inflation and the war in Ukraine, Spanberger said the trading ban comes up time and again when she meets with constituents.
“No matter where I am, somebody brings it up,” said Spanberger, who is among those lawmakers facing a difficult reelection bid.
But it’s not clear sailing. Other lawmakers, particularly Republicans, are skeptical and raising concerns about the merits of such a ban and the logistics of enforcing it. And while congressional leaders say they are open to the proposals, there are doubts from some lawmakers about whether that will translate to action.
“The headwind is that some members of Congress don’t want to abide by these rules, and some of those members are in leadership,” Spanberger said.
House Speaker Nancy Pelosi, D-Calif., initially said she did not support a stock trading ban back in December. “We are a free market economy. They should be able to participate in that,” she told reporters. But in February she announced she was open to one. “It’s complicated, and members will figure it out. And then we’ll go forward with what the consensus is,” she said.
Under current law, members of Congress and government employees must report the sale and purchases of stocks, bonds, commodity futures and other securities no more than 30 days after learning they were made and within 45 days of a transaction exceeding $1,000.
But lawmakers have been routinely late in filing such notices, and in some cases didn’t file at all, leading to a flurry of complaints to the House Ethics Committee.
During a House hearing on the issue in April, Rep. Rodney Davis, R-Ill., said it’s clear the current disclosure laws aren’t working as intended. But he characterized the violations as mostly inadvertent.
Davis said he’s heard little from constituents about the stock trading and worries that requiring lawmakers to put assets in a blind trust would prove inordinately expensive for many lawmakers. Still, he’s open to finding a compromise “that doesn’t encourage the ultra wealthy to be only ones to run for Congress.”
Rep. Barry Loudermilk, R-Ga., went further. He said Americans have the “right and freedom to participate in a free and fair market economy.”
“It’s not going to make a difference to me personally, but it does make a difference to me as an American citizen,” he said.
Watchdog groups warned at the hearing that public disclosure of stock trades has failed to deter lawmakers from owning and trading stocks in companies subject to their oversight, eroding voter trust.
California Rep. Zoe Lofgren, the Democratic chair of the House Administration Committee who has been reviewing the various trading bills introduced, said this week she was “hopeful” of getting a bill through her committee. But she also said “it’s way more complicated than I understood when I first started looking at it.”
Support for the trading ban is bipartisan. Rep. Chip Roy, R-Texas, co-authored the bill with Spanberger, but the vast majority of co-sponsors of the various bills are Democrats. That includes progressives such as Sen. Elizabeth Warren, D-Mass., and Rep. Alexandria Ocasio-Cortez, D-N.Y.
Several Democrats facing tough reelection battles have also signed on as co-sponsors. The list includes Reps. Jared Golden of Maine, Sharice Davids of Kansas, Angie Craig of Minnesota, Kim Schrier of Washington, Elissa Slotkin of Michigan and Tom Malinowski of New Jersey.
Malinowski is under an Ethics Committee investigation after the Office of Congressional Ethics determined there was substantial reason to believe he failed to properly disclose stocks that he purchased or sold. Malinowski said his trading activity was conducted by a third-party investment manager without his involvement. He has since established a qualified blind trust to manage his investments. But Republicans have made the trades and the ethics investigation an issue as they try to win back Malinowski’s New Jersey seat.
Slotkin said she was elected in 2018 after promising not to accept donations from corporate political action committees. She called it a defining issue in that race, and she views the proposed trading ban as an extension of that effort.
“Anything that we can do to clean up the perception about elected officials is good for democracy,” Slotkin said.
She said she shares Spanberger’s concern that Pelosi doesn’t consider the stock trading ban a priority.
“When the speaker wants something to get done, it gets done. When she doesn’t want it to get done, you have to fight to get it on the agenda, and that is the place where we are at,” Slotkin said.
In the Senate, 13 Democratic lawmakers, but no Republicans, have signed onto a bill from Sen. Jon Ossoff of Georgia that would require lawmakers and their spouses and children to place their securities in a blind trust. Three Democratic senators viewed as having the toughest reelection races this year are co-sponsors: Sens. Mark Kelly of Arizona, Raphael Warnock of Georgia and Catherine Cortez Masto of Nevada.
Larry Parnell, director of the strategic public relations program at George Washington University, said Democratic candidates have had a muddled message going into the midterms because “they’re sort of halfway in, halfway out on certain elements of the Biden agenda.” But he believes the stock trading ban is one idea “that everyone can get behind.”
“Its a win-win situation for anyone looking for a populist message to bring to the market,” Parnell said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/30/dems-hone-populist-appeal-with-proposed-stock-trading-ban/ | 2022-05-01T05:45:23Z |
Premier independent real estate brokerage expands to Mid-Valley with a new office Near Aspen
BASALT, Colo., July 26, 2022 /PRNewswire/ -- Douglas Elliman Realty, one of the largest independent residential real estate brokerages in the United States, announced today that it has expanded its footprint in Colorado. With the opening of a new office in Basalt — its fourth office in the state — the company is well positioned to bring its market expertise and unparalleled service to the Mid-Valley communities of Basalt, Carbondale and Glenwood Springs, near Aspen where Douglas Elliman consistently sets record-breaking sales. Located at 310 Market Street, the 800-square-foot office will provide space for both agents and staff members.
With more than 330 active listings, the Mid-Valley is poised to exceed the $943 million in total sales volume generated in 2021. *Statistics provided by Land Title Guarantee and Aspen Glenwood MLS.
"Like the increasing numbers of homebuyers and investors drawn to the region, we see tremendous opportunity in Colorado's Mid-Valley," said Scott Durkin, CEO, Douglas Elliman Realty. "With the current inventory and growing demand for new developments, we expect to substantially increase our market share."
As a result of remarkable sales activity in nearby Aspen over the past two years, numerous Aspen sellers have taken their financial gains and migrated to the Mid-Valley. And with two luxury country clubs—The Roaring Fork Club in Basalt and Aspen Glen in Carbondale—the region has become a draw for out-of-state buyers, including from Texas.
"Our strong sales in Aspen propelled Douglas Elliman to the number two position in overall market share," said Stephen Kotler, CEO of Douglas Elliman Realty's Western Region. "Our new presence in Basalt combined with our ability to leverage our national and international referral network positions us to replicate that success in the Mid-Valley."
"With the increased demand for new inventory, numerous development projects are currently under construction or scheduled to break ground over the next 12 months," said Edmund Foran, Executive Manager of Sales and Managing Broker, Aspen and Snowmass Village, for Douglas Elliman Realty. "Having a visible presence in the Mid-Valley will enhance our ability to secure new listings."
Some of Elliman's current listings in the Mid-Valley communities include 5616 County Rd 100 in Carbondale listed by Amy Doherty and Julia Herman for $9.8 million, 227 Sage Rim Circle in Basalt listed by Mary Kate Farrell for $9.925 million, 1270 County Road 240 in Glenwood Springs, a 1123 acre ranch on the Colorado River listed by Michael Latousek for $38.647 million and 2561 Frying Pan Road in Basalt, featuring 137 acres and half a mile of frontage of Gold Medal fly fishing on the Frying Pan River for $15.95 million also listed by Michael Latousek.
About Douglas Elliman Inc.
Douglas Elliman Inc. (NYSE: DOUG, "Douglas Elliman") owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York City, Long Island, Westchester, Connecticut, New Jersey, the Hamptons, Massachusetts, Florida, California, Colorado, Texas and Nevada. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ("PropTech") solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman is available on its website, www.elliman.com.
Investors and others should note that we may post information about Douglas Elliman on our website at www.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at www.elliman.com and on our social media accounts.
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SOURCE Douglas Elliman Realty | https://www.kxii.com/prnewswire/2022/07/26/douglas-elliman-expands-into-basalt-colorado/ | 2022-07-26T16:48:49Z |
BATESVILLE, Ind., July 21, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) will hold a conference call and simultaneous webcast Thursday, August 4, 2022, at 8:00 a.m. ET. They will discuss the results for the third quarter of fiscal year 2022, which ended June 30, 2022. The live webcast, including a slide presentation, will be available at http://ir.hillenbrand.com under the "News & Events" tab and will be archived on the company's investor relations website through Friday, September 2, 2022.
To access the conference call, listeners in the United States and Canada may dial +1 (877) 407-8012, and international callers may dial +1 (412) 902-1013. Please use conference call ID number 13731866. A replay of the call will be available until midnight ET, Thursday, August 18, 2022, by dialing +1 (877) 660-6853 toll free in the United States and Canada or +1 (201) 612-7415 internationally and using the conference ID number 13731866.
Hillenbrand will issue a press release reporting its results after the market closes on Wednesday, August 3, 2022. The full text of the release and financials will be available at http://ir.hillenbrand.com.
About Hillenbrand
Hillenbrand (NYSE: HI) is a global industrial company operating in over 40 countries with over 10,000 associates serving a wide variety of industries around the world. Guided by our Purpose — Shape What Matters For Tomorrow™ — we pursue excellence, collaboration, and innovation to consistently shape solutions that best serve our associates, customers, communities, and other stakeholders. Hillenbrand's portfolio includes brands such as Coperion, Milacron Injection Molding & Extrusion, and Mold-Masters, in addition to Batesville. To learn more, visit: www.Hillenbrand.com.
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SOURCE Hillenbrand, Inc. | https://www.wibw.com/prnewswire/2022/07/21/hillenbrand-schedules-third-quarter-2022-earnings-call-august-4-2022/ | 2022-07-21T22:03:50Z |
♦ As a Naval officer at sea during the Viet Nam conflict, I used and was responsible for very highly classified documents. It was made very clear to me that failure to protect those documents, with my life if necessary, would result in a court martial and a long term in a federal prison. Why should a sleazy ex-president be treated differently?
♦ Trump worshipers: While you have been programmed to respond to every comment made by the president or anyone else not certified as OK by your lord and master, it’s hard to imagine how you can keep a straight face while accusing others of lying when your man was and still is the king of all liars. And it’s documented ... you just won’t see.
♦ Steve Bannon does a great perp walk. Let’s see if Trump and his co-conspirators can do the same.
♦ The squawker who says Social Security retirement and Medicare recipients are socialists is misinformed by the extremists on MSNBS. My Social Security was bought and paid for by me beginning at the age of 13. That’s my money. You’re a socialist when you receive money from the government that you never earned. You know who those parasites are.
♦ SMRs, when will your former defeated president be reinstated? We are still waiting.
♦ I know this will come as a shock to you, Squawker, as you hang on every word by your failed leader, but just because a lot of us are Democrats does not mean we follow and agree with every word from Biden, Warnock, Ossoff, Pelosi or anyone else in the party. See, we are not forced to defend and believe everything our candidates say.
♦ Great column by Scott Ludwig Friday. Very truthful even though Magas don’t want the truth told.
I sure hope Dougherty County residents are paying attention to what’s going on with the Crisp County chairman because that’s exactly the same kind of ridiculous behavior we can look forward to in January.♦
♦ I saw where Col. Sanders’ birthday was a couple of days ago. He lived to be 90 years old eating fried chicken and mashed potatoes. Sounds like a plan to me.
♦ Counting down the days ‘til the crooked preacher starts the pillaging of Dougherty County.
♦ Steve Bannon was arrested for stealing a million dollars, saying it would be used to build the wall. Donald Trump stole more than that for his stop the steal scam. It’s time for him to be arrested. That Vaccinated Man
♦ Outstanding article by Scott Ludwig in Friday’s paper.
♦ Yes, Squawker, I collect Social Security and get Medicare, but I have worked since I was 16 and paid into Social Security and taxes. Do not classify me as a Socialist. I am drawing out what I paid in.
♦ “Cover of the Rolling Stone?” If I’m going to listen to Dr. Hook, I want to hear “Sylvia’s Mother” or “Queen of the Silver Dollar.”
♦ California’s blackouts are a result of “man-made climate policies,” not climate change.
♦ Dougherty County Superior Court Judge Denise Marshall sent the two Rottweilers that viciously attacked a man in Albany in 2019 to South Carolina. Kind of like the Cardinals of the Catholic Church sending priests that molested children to other parishes, making the priest someone else’s problem.
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accounts, the history behind an article. | https://www.albanyherald.com/features/sundaysquawks/article_09ba0fb6-3124-11ed-b2dd-b78618227d5f.html | 2022-09-10T21:19:13Z |
6 ATVs, Dodge Charger, marijuana, guns, drugs seized in Ohio, police say
CLEVELAND, Ohio (WOIO/Gray News) - Six ATVs, a Dodge Charger, guns, marijuana, and other drugs were seized at a residence on Cleveland’s West Side as a search warrant was executed on May 12, the Ohio State Highway Patrol confirmed.
WOIO reports, the warrant was executed by the OSHP Vehicle Theft Unit in partnership with the Cleveland Division of Police, National Insurance Crime Bureau, and the Ohio BMV, according to OSHP.
OSHP stated the following were seized as a result of this warrant execution:
- Six ATVs
- 2017 Dodge Charger
- Two firearms
- Approximately 10 pounds of illegal marijuana
- Additional illicit drugs
- Criminal tools
The 2017 Dodge Charger and one of the ATVs were reported as stolen, but the other five ATVs have tampered vehicle identification numbers, OSHP said.
The execution of this warrant was part of an ongoing investigation and continued collaboration by all agencies involved, OSHP stated.
OSHP said all charges are pending at this time as the case investigation is still active and ongoing.
Copyright 2022 WOIO via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/14/6-atvs-dodge-charger-marijuana-guns-drugs-seized-ohio-police-say/ | 2022-05-14T04:28:20Z |
Services for Wayne Sterling Aregood, 71, of Temple will be held at a later date.
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Services for Wayne Sterling Aregood, 71, of Temple will be held at a later date.
Mr. Aregood died Thursday, Aug. 11.
He was born to William and Sonja Aregood on Jan. 7, 1951, in Hartford, Conn. He worked in the nuclear power industry in quality control and as a fire protection engineer all over the U.S. and in Saudi Arabia.
Survivors include his wife, Donna Aregood; three children, Courtney Guehler, Samuel Aregood and Lane Aregood; a brother, Wesley Aregood; and a sister, Wendy Aregood.
In lieu of flowers, memorials may be made to the Moffat Volunteer Fire Department, 5660 Lakeaire Blvd., Temple, TX 76502.
Scanio-Harper Funeral Home of Temple is in charge of arrangements. | https://www.tdtnews.com/obituaries/article_7f070968-1ddd-11ed-bec9-dfadb4766bec.html | 2022-08-17T05:29:43Z |
PUTNAM, Conn. (AP) — Even as numerous Republican-governed states push for sweeping bans on abortion, there is a coinciding surge of concern in some Democratic-led states that options for reproductive health care are dwindling due to expansion of Catholic hospital networks.
These are states such as Oregon, Washington, California and Connecticut, where abortion will remain legal despite the U.S. Supreme Court’s recent ruling overturning Roe v. Wade.
Concerns in these blue states pertain to such services as contraception, sterilization and certain procedures for handling pregnancy emergencies. These services are widely available at secular hospitals but generally forbidden, along with abortion, at Catholic facilities under directives set by the U.S. Conference of Catholic Bishops.
The differing perspectives on these services can clash when a Catholic hospital system seeks to acquire or merge with a non-sectarian hospital, as is happening now in Connecticut. State officials are assessing a bid by Catholic-run Covenant Health to merge with Day Kimball Healthcare, an independent, financially struggling hospital and health care system based in the town of Putnam.
“We need to ensure that any new ownership can provide a full range of care — including reproductive health care, family planning, gender-affirming care and end-of-life care,” said Connecticut Attorney General William Tong, a Democrat.
Lois Utley, a specialist in tracking hospital mergers, said her organization, Community Catalyst, has identified more than 20 municipalities in blue or purple states where the only acute care hospitals are Catholic.
“We are definitely sliding backwards in terms of comprehensive reproductive health,” Utley said. “Catholic systems are taking over many physician practices, urgent care centers, ambulatory care centers, and patients seeking contraception won’t be able to get it if their physician is now part of that system.”
According to the Catholic Health Association, there are 654 Catholic hospitals in the U.S., including 299 with obstetric services. The CHA says more than one in seven U.S. hospital patients are cared for in a Catholic facility.
The CHA’s president, Sister Mary Haddad, said the hospitals provide a wide range of prenatal, obstetric and postnatal services while assisting in about 500,000 births annually.
“This commitment is rooted in our reverence for life, from conception to natural death,” Haddad said via email. “As a result, Catholic hospitals do not offer elective abortions.”
Protocols are different for dire emergencies when the mother “suffers from an urgent, life-threatening condition during pregnancy,” Haddad said. “Catholic health clinicians provide all medically indicated treatment even if it poses a threat to the unborn.”
This approach is now being mirrored in several states imposing bans that allow abortions only to save a mother’s life. There is concern that doctors governed by such bans — whether a state law or a Catholic directive — may endanger a pregnant woman’s health by withholding treatment as she begins to show ill effects from a pregnancy-related problem.
In California, Democratic state Sen. Scott Wiener is among those warily monitoring the proliferation of Catholic health care providers, who operate 52 hospitals in his state.
The hospitals provide “superb care to a lot of people, including low-income communities,” Wiener said. But they “absolutely deny people access to reproductive health care.”
“It’s the bishop, not professional standards, that are dictating who can receive what health care,” Wiener said. “That is scary.”
Charles Camosy, professor of medical humanities at the Creighton University School of Medicine, says critics of the mergers fail to acknowledge a major benefit of Catholic health care expansion.
“These mergers take place because Catholic institutions are willing to take on the really hard places where others have failed to make money,” he said. “We should focus on what these institutions are doing in a positive way — stepping into the breach where virtually no one else wants to go, especially in rural areas.”
That argument has resonance in mostly rural northeast Connecticut, where Day Kimball serves a population of about 125,000.
Kyle Kramer, Day Kimball’s CEO, said the 104-bed hospital has sought a financial partner for more than seven years and would soon face “very serious issues” if forced to continue alone.
Regarding the proposed merger, he said, “Change is always difficult.”
However, he said Day Kimball would remain committed to comprehensive care if the merger proceeds, seeking to inform patients of all options in such matters as contraception, miscarriages and ectopic pregnancies.
As for abortions, Kramer said Day Kimball had never performed them for the sole purpose of ending a pregnancy and would continue that policy if partnering with Covenant.
Despite such assurances, some residents are concerned that the region’s only hospital would become Catholic-owned. Some merger opponents protested outside the hospital last Monday.
Sue Grant Nash, a retired Day Kimball hospice social worker, described herself as religious but said people’s values should not be imposed on others.
“Very important articles of faith that Catholics may have, and I respect completely, shouldn’t impact the quality of health care that is available to the public,” she said.
There have been related developments in other states.
—In Washington, Democratic state Sen. Emily Randall plans to re-introduce a bill that would empower the attorney general to block hospital mergers and acquisitions if they jeopardize “the continued existence of accessible, affordable health care, including reproductive health care.” Gov. Jay Inslee says he is in support of such a measure.
The state has already passed a bill that bars the state’s religious hospitals from prohibiting health care providers from providing medically necessary care to hasten miscarriages or end nonviable pregnancies, like ectopic pregnancies. Under the new law, patients can sue a hospital if they are denied such care, and providers can also sue if they’re disciplined for providing such care.
—In Oregon, the state has new authority to bar religious hospitals from acquiring or merging with another health care entity if that means access to abortion and other reproductive services would be reduced. A law that took effect March 1 requires state approval for mergers and acquisitions of sizable health care entities.
The law also allows the state to consider end-of-life options allowed by hospitals seeking to establish a footprint or expand in Oregon, which in 1994 became the first state to legalize medical aid in dying.
___
Crary reported from New York. Associated Press reporters Rachel La Corte in Olympia, Washington; Andrew Selsky in Salem, Oregon, and Adam Beam in Sacramento, California, contributed.
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/news/ap-top-headlines/catholic-hospitals-growth-impacts-reproductive-health-care-2/ | 2022-07-24T19:31:23Z |
Man arrested after firing gun inside popular Charlotte comedy club, police say
CHARLOTTE, N.C. (WBTV/Gray News) - A man was arrested after he brought a firearm into a comedy club in north Charlotte on Saturday night.
According to the Charlotte-Mecklenburg Police Department, 36-year-old Omar James McCombs entered The Comedy Zone at the NC Music Factory shortly after 9 p.m. and showed that he had a gun.
Police said McCombs fired the gun, but did not cause any injuries, and was taken into custody.
The facility was quickly evacuated, and a large police presence ensued.
“It’s not really a place where I would think somebody would have the mind to come and bring a gun,” Charlotte resident Abby Boakye said. “You know that’s like, everybody’s coming to have a good time, see a show, be entertained. Like where did this come from that you want to bring a gun into a place like that?”
McCombs is being charged with multiple counts of assault by pointing a gun and several other firearm charges.
Actor and comedian Craig Robinson, known for his role on ‘The Office,’ had been scheduled to perform at 9:45 p.m.
Robinson said in an Instagram Live video that he was in the green room when the evacuation happened, and shared that he was moved to a nearby concert. He posted a thank you note later on to the Comedy Zone security and staff for getting everyone to safety.
“Thank you CMPD for swift action in apprehending the shooter. Hopefully he gets the help he needs. Thanks be to God no one was hurt,” Robinson wrote.
He was scheduled to perform at the same venue in Charlotte on Sunday at 7 p.m., but The Comedy Zone canceled the show to take a “short breather,” they wrote on Facebook. Anyone who purchased tickets for the show will have them refunded.
“We look forward to laughing with you later this week,” The Comedy Zone wrote.
Copyright 2022 WBTV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/18/man-arrested-after-firing-gun-inside-popular-charlotte-comedy-club-police-say/ | 2022-07-18T11:44:03Z |
Did you lose money on investments in Outset Medical? If so, please visit Outset Medical, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, July 11, 2022 /PRNewswire/ -- Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the common stock of Outset Medical, Inc. ("Outset Medical" or the "Company") (NASDAQ: OM) between September 15, 2020, and June 13, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Northern District of California and alleges violations of the Securities Exchange Act of 1934.
Outset Medical is a medical technology company focused on kidney dialysis, the primary treatment for acute and chronic kidney failure. The Company's flagship product is the Tablo Hemodialysis System ("Tablo"). Tablo is a dialysis machine that purifies tap water and then artificially purifies and removes toxins from the blood of patients suffering from kidney failure.
Throughout the Class Period, Outset Medical touted that Tablo can "serve as a dialysis clinic on wheels" and had been "cleared by the [U.S.] Food and Drug Administration [(the "FDA")] for use in the hospital, clinic or home setting." Outset Medical contended it was "well-positioned" to "help accelerate th[e] shift to home-based hemodialysis therapy" prompted by the COVID-19 pandemic, patient preferences, government initiatives, and reimbursement changes.
However, devices like Tablo that are used by non-professionals outside of a clinical setting and can present serious health consequences are subject to heightened scrutiny by the FDA, including post-market surveillance studies. Thus, though cleared by the FDA for sale, Tablo was subject to additional studies for use in the home setting, the results of which could require additional applications for clearance and approvals.
While performing further regulatory studies during the Class Period, the Company assured investors that it was conducting the studies "in accordance with the FDA approved protocol," which required an appropriate demonstration of "real-world" human testing given that the device would be used at home by non-professionals.
Undisclosed to investors, and as Defendants have now admitted, Outset Medical "continuously" made significant changes to Tablo for use in the home setting. The nature of these undisclosed changes: (1) made it likely that the FDA would order the Company to cease all marketing and selling of Tablo for use in the home pending additional applications and approvals; and (2) prevented the Company from performing the requisite "real-world" human testing on a device cleared for sale, contrary to representations to investors.
Investors began to learn the truth after the markets closed on May 4, 2022, when the Company announced disappointing results for the first quarter of 2022, which analysts attributed, inter alia, to the untested nature of Tablo in the home setting. In response to this disclosure, and as the market digested this news, the price of Outset Medical common stock declined more than 40% over the three trading days that followed, from a closing price of $39.94 per share on May 4, 2022, to a closing price of $23.06 per share on May 9, 2022.
Then, after the markets closed on June 13, 2022, Outset Medical announced that the FDA had forced the Company to hold all shipments of Tablo for use in the home until Tablo received proper regulatory clearance. During an "FDA Review Call" held that day with analysts, Company Chief Executive Officer Leslie Trigg acknowledged the "ship hold" had already been in place for weeks before investors were provided this material information. Trigg also disclosed for the first time that, rather than conducting studies using "real-world data" gathered in the "home environment", as the Company previously stated was required by the FDA, Outset Medical had "run with a protocol that involves a simulated use environment at a human factors lab." During the same call, it was also announced the Company was "suspending our prior full-year and long-term guidance."
On this news, the Company's stock price fell over 34%, to close at $13.46 per share on June 14, 2022.
If you wish to serve as lead plaintiff, you must move the Court no later than September 6, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery does not require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased Outset Medical common stock, and/or would like to discuss your legal rights and options please visit Outset Medical, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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SOURCE Bernstein Liebhard LLP | https://www.kxii.com/prnewswire/2022/07/11/outset-medical-inc-nasdaq-om-shareholder-class-action-alert-bernstein-liebhard-llp-announces-that-securities-class-action-lawsuit-has-been-filed-against-outset-medical-inc-nasdaq-om/ | 2022-07-11T18:24:06Z |
Disney self-government in peril after Florida House vote
By ANTHONY IZAGUIRRE
Associated Press
TALLAHASSEE, Fla. (AP) — The Florida House of Representatives has given final passage to a bill to dissolve a private government that Walt Disney World has been allowed to operate on its properties for more than five decades. House lawmakers approved the measure on Thursday. The passage is a victory for Republican Gov. Ron DeSantis. He has been feuding with the entertainment giant after it publicly declared its opposition to a new law backed by the governor that critics have dubbed “Don’t Say Gay.” The Disney bill would eliminate the self-governed districts by June 2023. But it would allow the districts to be reestablished in the future, leaving the door open for further negotiations. | https://localnews8.com/news/ap-national-business/2022/04/21/florida-legislature-votes-to-strip-disney-self-government/ | 2022-04-21T18:26:43Z |
SRINAGAR, India (AP) — Three Indian soldiers and two suspected militants were killed Thursday after rebels stormed a military camp in disputed Kashmir, officials said.
At least two assailants armed with guns and grenades attacked the camp in the remote Darhal area of southern Rajouri district early Thursday, said Mukesh Singh, a senior police officer.
The soldiers responded to the attack, triggering a gunbattle that lasted for at least three hours, Singh said.
A reinforcement of soldiers and counterinsurgency police encircled the camp as the fighting raged inside, officials said.
In addition to the five deaths, two soldiers were injured in the fighting, Singh said.
There was no independent confirmation of the incident.
On Wednesday, police said government forces killed three rebels in Budgam district during a counterinsurgency operation.
India and Pakistan claim the divided territory of Kashmir in its entirety.
Rebels in the Indian-controlled portion of Kashmir have been fighting New Delhi’s rule since 1989. Most Muslim Kashmiris support the rebel goal of uniting the territory, either under Pakistani rule or as an independent country.
India insists the Kashmir militancy is Pakistan-sponsored terrorism. Pakistan denies the charge, and most Kashmiris consider it a legitimate freedom struggle. Tens of thousands of civilians, rebels and government forces have been killed in the conflict. | https://cw33.com/news/international/ap-international/police-say-rebels-storm-india-army-camp-in-kashmir-5-killed/ | 2022-08-11T08:32:44Z |
Atlantic Journalists Will Lead Conversations about the Future of Our Planet with Scientists, Doctors, Historians, Computer Scientists, Futurists and Ethicists
STOCKHOLM, June 27, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power" or the "Company") is pleased to announce that Inna Braverman, the company's Founder and CEO, will speak at The Atlantic's upcoming event – The Next Scientific Revolution, billed as an examination of this rare moment in human history where "the world is on the cusp of the next great leap in scientific understanding" and innovation.
Braverman will join scientists, doctors, historians of science, computer scientists, futurists, and ethicists in conversation with Atlantic journalists during the June 28 event in New York. You can register for the virtual event here: https://www.theatlantic.com/live/next-scientific-revolution-2022-atlantic-event/. Registration is free and open to the public. The event will also be livestreamed via the AtlanticLIVE homepage starting at 10:00am ET (www.theatlantic.com/live/).
Braverman will join BlocPower CEO Donnel Baird; and Rebecca Isacowitz, Deputy Chief of Staff, Department of Energy's Office of Energy Efficiency and Renewable Energy; for a panel discussion entitled "The Power Plan: Energy for a Greener Tomorrow," led by Atlantic Staff Writer Derek Thompson.
"We are currently experiencing scientific breakthroughs and technological advances at a faster rate than ever before in our history, and it is exciting to be a part of a worldwide discussion about how we can implement those advances to make life better for everyone on the planet," said Braverman, whose focus will be on wave energy and the promise it holds to provide clean, renewable power.
The event, underwritten by General Electric, will include a variety of panel discussions and networking opportunities – both in-person and virtual. See the entire agenda here: https://hopin.com/events/next-scientific-revolution#schedule
"It is so critical that we bring people together to talk about cooperative and collaborative ways in which we can harness science and technology to create a brighter future for all of us, and I am excited to participate with an incredible collection of innovators and scientists to continue this discussion," Braverman said.
About Eco Wave Power Global AB (publ)
Eco Wave Power is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from the ocean and sea waves.
Eco Wave Power is recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and was labelled as an "Efficient Solution" by the Solar Impulse Foundation. Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission's Horizon 2020 framework program. The Company has also received the "Global Climate Action Award" from the United Nations.
Eco Wave Power's American Depository Shares (WAVE) are traded on the Nasdaq Capital Market. More info: www.ecowavepower.com
Information on, or accessible through, the websites mentioned above does not form part of this press release.
For more information, please contact:
Inna Braverman, CEO
Inna@ecowavepower.com
+97235094017
For additional investor/media inquiries, please contact:
Investor Contact:
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FNK IR
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SOURCE EWPG Holding AB (publ) | https://www.mysuncoast.com/prnewswire/2022/06/27/eco-wave-power-founder-ceo-inna-braverman-speak-atlantics-next-scientific-revolution-conference/ | 2022-06-27T14:42:07Z |
Police inaction moves to center of Uvalde shooting probe
(AP) - The actions — or more notably, the inaction — of a school district police chief and other law enforcement officers moved swiftly to the center of the investigation into this week’s shocking school shooting in Uvalde, Texas,
The delay in confronting the shooter — who was inside the school for more than an hour — could lead to discipline, lawsuits and even criminal charges against police.
The attack that left 19 children and two teachers dead in a fourth-grade classroom was the nation’s deadliest school shooting in nearly a decade, and for three days police offered a confusing and sometimes contradictory timeline that drew public anger and frustration.
By Friday, authorities acknowledged that students and teachers repeatedly begged 911 operators for help while the police chief told more than a dozen officers to wait in a hallway at Robb Elementary School. Officials said he believed that the suspect was barricaded inside adjoining classrooms and that there was no longer an active attack.
The chief’s decision — and the officers’ apparent willingness to follow his directives against established active-shooter protocols — prompted questions about whether more lives were lost because officers did not act faster to stop the gunman, and who should be held responsible.
“In these cases, I think the court of public opinion is far worse than any court of law or police department administrative trial,” said Joe Giacalone, a retired New York police sergeant. “This has been handled so terribly on so many levels, there will be a sacrificial lamb here or there.”
As the gunman fired at students, law enforcement officers from other agencies urged the school police chief to let them move in because children were in danger, two law enforcement officials said.
The officials spoke on condition of anonymity because they had not been authorized to talk publicly about the investigation.
One of the officials said audio recordings from the scene captured officers from other agencies telling the school police chief that the shooter was still active and that the priority was to stop him. But it wasn’t clear why the school chief ignored their warnings.
Texas Gov. Greg Abbott, who at a news conference earlier in the week lauded the police for saving lives, said he had been misled about the initial response and promised there would be investigations into “exactly who knew what, when, who was in charge” and what they did.
“The bottom line would be: Why did they not choose the strategy that would have been best to get in there and to eliminate the killer and to rescue the children?” Abbott said.
Criminal charges are rarely pursued against law enforcement in school
shootings. A notable exception was the former school resource officer accused of hiding during the 2018 shooting at Marjory Stoneman Douglas High School in Parkland, Florida, that left 17 people dead.
Potential administrative punishments — meted out by the department itself — could range from a suspension or docked pay to forced resignation or retirement or outright termination.
In terms of civil liability, the legal doctrine called “qualified immunity,” which shields police officers from lawsuits unless their actions violate clearly established laws, could also be at play in future litigation.
The Uvalde School District police chief, Pete Arredondo, decided that the group of officers should wait to confront the assailant, on the belief that the active attack was over, according to Steven McCraw, the head of the Texas Department of Public Safety.
The crisis ended shortly after officers used keys from a janitor to open the classroom door, entered the room and shot and killed Ramos.
Arredondo could not be reached for comment Friday, and Uvalde officers were stationed outside his home, but they would not say why.
Prosecutors will have to decide whether Arredondo’s decision and the officers’ inaction constituted a tragic mistake or criminal negligence, said Laurie Levenson, a former federal prosecutor who is a professor at Loyola Law School in Los Angeles.
Levenson said prosecutors could bring state felony charges of criminally negligent homicide, though she said federal civil rights charges would be unlikely because they require intent.
“I don’t know that we expect every officer to make a perfect decision on the spot,” she said. “But waiting this long — given what we know about how shooters act — predictably leads to tragedy.”
In the Parkland case, former Broward County Deputy Scot Peterson is scheduled to go to trial in September on charges of child neglect resulting in great bodily harm, culpable negligence and perjury. He has said he did the best he could at the time.
The “unprecedented and irresponsible” decision by Florida prosecutors to bring a criminal case against Peterson might lead to other police elsewhere being “stripped of their liberty” and facing decades in prison “solely because a finding is made after the fact that things could have been handled differently,” Mark Eiglarsh, the former deputy’s attorney, said in an email.
Maria Haberfeld, a professor at John Jay College of Criminal Justice in New York, said the police department’s policies, procedures and training will be scrutinized to see whether the officers on the ground in Uvalde followed them.
If they did, and criminal charges are still brought, she said it would send a chilling message to police nationwide. “If you follow your procedures, you’re still brought up on charges. So what’s the point of having procedures?” she said.
But Jorge Colina, a former Miami police chief, wants to know more about what was going through the minds of the officers inside the school as the chief told them to wait in the hall.
“Did someone challenge the decision there?” he said. “Did someone raise an objection at least?”
___
Associated Press writers Jim Vertuno in Uvalde, Texas; Jake Bleiberg in Dallas; Terry Spencer in Fort Lauderdale, Florida; and Mike Balsamo in Washington, D.C., contributed to this report.
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/uvalde-school-shooting
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/28/police-inaction-moves-center-uvalde-shooting-probe/ | 2022-05-28T15:32:30Z |
Georgia lawmakers push through election probe regulation
ATLANTA (AP) — A Georgia law enforcement agency would have the authority to initiate investigations of election crimes under the latest voting regulation approved by the Republican-controlled state Legislature after former President Donald Trump made repeated, false claims of widespread voter fraud.
Over the objections of Democrats, Republicans in the state House and Senate voted on Monday to give the Georgia Bureau of Investigation authority to start probes of alleged election wrongdoing without a request from an outside official. The alleged violation would have to be significant enough to create doubt about the outcome of an election, and the agency would have the power to issue subpoenas for election documents.
The secretary of state’s office is currently responsible for investigating alleged election violations. The GBI would provide an additional, separate layer of scrutiny.
The measure — passed on the last day of the session — still requires Republican Gov. Brian Kemp’s signature to become law. Katie Byrd, a spokeswoman for the governor, said Tuesday that Kemp’s office was reviewing all legislation passed by the General Assembly.
Democrats and voting rights advocates said the additional authority for the GBI would intimidate voters and election workers.
“It will not only be used against your voters, but could also be used against organizations and those county election board officials or their workers,” State Rep. Jasmine Clark, a Democrat from Lilburn, said on the House floor. “Again, they already have a hard enough time getting poll workers, and now you want to sic the GBI on them. What are we doing here?”
House Speaker David Ralston, a Republican from Blue Ridge, said the GBI authority was not a partisan reaction to the 2020 election.
“It was a good government measure to be sure that we have competent, professional, thorough investigators,” Ralston said. “GBI is the best there is in the state.”
GOP officials have continued to try to satisfy the millions of voters in their party who believe Trump’s false claim that voter fraud cost him reelection in 2020. Lawmakers in Florida have also approved a police force to pursue election crimes, a proposal pushed by Republican Gov. Ron DeSantis.
Federal and state election officials and Trump’s own attorney general have said there is no credible evidence the election was tainted. The former president’s allegations of fraud were also roundly rejected by courts, including by judges Trump appointed.
The Georgia measure comes a year after the state’s General Assembly rewrote election laws to reduce the time to request an absentee ballot, strip power from Secretary of State Brad Raffensperger and severely roll back the pandemic-driven expansion of absentee ballot drop boxes. It was one of the first and highest-profile voting laws passed by Republican-controlled legislatures after Trump’s defeat.
Republicans said Georgia’s 2021 law was necessary to restore confidence in the state’s election system. Democrats decried it as an effort to block Democratic-leaning citizens from voting.
Georgia lawmakers this year also considered allowing people to inspect paper ballots after an election and imposing new chain-of-custody requirements for handling ballots, but those measures were vehemently opposed by some county election administrators and did not advance.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/05/georgia-lawmakers-push-through-election-probe-regulation/ | 2022-04-06T01:06:29Z |
ZUG, Switzerland, June 17, 2022 /PRNewswire/ - GAIMIN has solved a key issue for gamers - re-usable, purchased in-game assets that are not lost when a game closes or the gamer wants to play a different game. With GAIMIN's world first NFTxg, a gamer can now securely invest in their gaming experience and retain ownership of a cross-game asset inventory.
GAIMIN's NFTxg delivers true cross-game, cross-device, interoperable utility NFTs to moddable AAA games, enabling a gamer to own and retain full ownership their in-game asset purchases, re-using their NFTs across different games with utility relevant to the specific game in which they are being used.
A gamer can now build up an in-game repository through purchase and other acquisition methods and have an immediately available repository for a new game.
Martin Speight, CEO of GAIMIN stated, "I am delighted to announce GAIMIN's NFTxg, a world first in the development of a interoperable, cross-game, utility NFT. In releasing the NFTxg we have solved the gamer's key problem - true in-game asset ownership. Not only does the NFTxg enable a gamer to own their in-game assets, but it also assures the 60+% of gamers who do not purchase in-game assets they can now purchase and own assets, improving their gaming experience and creating a gaming inventory that can be later sold or rented/loaned to other gamers."
Martin commented further, "The key feature of the NFTxg is its ability to transfer utility between different games. We have initially implemented NFTxg technology into Minecraft and GTA V with other moddable, private server hosted games, such as RUST which is next on the list. One such NFTxg is the "Ridged Quickblade" which is usable in both Minecraft and GTA V and will also be available in RUST shortly - one NFT with interoperable in-game attributes and enchantments, 3 in-game uses!"
Currently only games incorporating GAIMIN NFT and blockchain technology can support the NFTxg - these are Minecraft, GTA V and (soon to be) RUST. However, GAIMIN has developed a plugin for all server owners who run these games, and is developing an SDK which will allow developers of games for the Unreal and Unity game engines to incorporate GAIMIN blockchain and NFT technology into their games and therefore allow the NFTxg to be used in these games. The NFTxg will have a style and attributes relevant to its utility in the game in which it is being used.
Martin concluded, "The launch of GAIMIN's NFTxg into some of the most popular AAA games allows users to retain ownership of their in-game NFT asset purchases, with utility built into a number of different games. This creates retained value for NFTxg owners and for the first time allows gamers to invest in their gaming experience and retain their purchases. Over the coming months, we expect the number of games supporting NFTxg to increase, we shall be releasing more NFTxg assets and enabling ownership of assets through our PC monetising technology."
GAIMIN.IO Ltd (GAIMIN) is a UK and Swiss based gaming company focused on helping the gaming community monetise the computational power of their gaming PC. GAIMIN has created a decentralised data processing network harnessing under utilised processing power typically found in gaming PC's to create a world-wide decentralised data processing network, delivering "supercomputer" performance.
With a free to download PC-based application GAIMIN monetises the under utilised performance through innovative approaches to delivering "supercomputer" level data processing performance from a world-wide network of independent processing devices. Focusing initially on the powering of blockchain computations, the GAIMIN data processing network also supports a number of different large scale data processing applications, including video rendering.
GAIMIN pays users in its own crypto currency, GMRX which can then be used for purchases on the GAIMIN Marketplace for NFTs, in-game assets, accessories and merchandise, or it can be converted to fiat or a different crypto currency.
For more information on GAIMIN click on this link: www.gaimin.io
For up to date information, please follow the following GAIMIN social media accounts:
- Facebook: https://www.facebook.com/Gaimin.io
- Instagram: https://www.instagram.com/gaimin_io/
- Twitter: https://twitter.com/GaiminIo
- LinkedIn: https://www.linkedin.com/company/gaimin/
- YouTube: https://www.youtube.com/c/Gaimin
- Telegram: https://t.me/officialgaimin
- Discord: https://discord.gg/Xr3JjYMY
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SOURCE Gaimin | https://www.kxii.com/prnewswire/2022/06/17/zug-switzerland-15th-june-2022-gaimin-launches-worlds-first-interoperable-cross-game-utility-nft-gaimins-nftxg/ | 2022-06-17T21:33:03Z |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Apyx Medical Corporation.
Shareholders who purchased shares of APYX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/apyx-medical-corporation-loss-submission-form/?id=30474&from=4
CLASS PERIOD: May 12, 2021 to March 11, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: August 5, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/apyx-medical-corporation-loss-submission-form/?id=30474&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of APYX during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 5, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/08/03/shareholder-alert-gross-law-firm-notifies-shareholders-apyx-medical-corporation-class-action-lawsuit-lead-plaintiff-deadline-august-5-2022-nasdaq-apyx/ | 2022-08-03T10:39:58Z |
DataDome's CAPTCHA Revolutionizes User Experience, Stops Bots in Their Tracks, and Keeps Users' Data Private
NEW YORK, July 20, 2022 /PRNewswire/ -- DataDome, a leading provider of AI-powered online fraud and bot management, today announced enhancements to its solution with the launch of its newly integrated and reimagined CAPTCHA.
DataDome's CAPTCHA is the first privacy compliant, secure, and user-friendly CAPTCHA to thwart today's stealthiest bots. Fully compliant with local data privacy laws around the globe, DataDome's CAPTCHA is completely integrated into its detection engine, offering superior protection and an enhanced user experience: DataDome is the first vendor to ensure that 99.99% of real users will not see a CAPTCHA.
"Unlike other CAPTCHAs that frustrate users and often collect personal data without informing them, DataDome delivers an exceptional, and privacy compliant, user experience," says Benjamin Fabre, CEO at DataDome. "And because it was designed with cybersecurity at its core, our CAPTCHA provides the highest security protection against today's sophisticated bots."
Intended for very basic human validation, CAPTCHAs have not historically been coupled with security logic. DataDome is the only solution that is secure by design, protecting companies from bots and online fraud across all endpoints on mobile apps, websites and APIs:
- A true security CAPTCHA built by a security company: Current CAPTCHA solutions on the market are easy for bots and online fraudsters to bypass. According to DataDome's aggregate customer data, 50% of "users" that passed other CAPTCHA providers' challenges were actually bots. DataDome combines signals from its CAPTCHA with the 1 trillion other signals it processes each day to identify and react to new bot techniques in real time, effectively ending CAPTCHA farms.
- Privacy first: DataDome's CAPTCHA only collects information as necessary for security purposes, and it is never shared, resold, or kept longer than 30 days. All data is processed and stored in a localized point of presence (PoP) to ensure compliance with local data privacy regulations. No personally identifiable information (PII) is ever collected.
- Unmatched user experience: DataDome's CAPTCHA is orders of magnitude faster than Google's reCAPTCHA, and offers unmatched accessibility for the visually impaired, with audio CAPTCHA in 13 languages—more than any other provider.
"DataDome's CAPTCHA gives us peace of mind. Not only does it block bot traffic, we know that our users' experience remains uninterrupted," says Ivan Delgado, CIO, RealClearPolitics.com. "And because DataDome prioritizes privacy, we likewise don't have to worry about violating compliance regulations."
Other customers agree. "The DataDome CAPTCHA is intuitive and very easy to use. It also protects us better against bot traffic, thanks to the various signals collected on the CAPTCHA page," said Thomas Aligand, Lead Run Manager at SNCF Connect and Tech Services. "We are very happy with the solution and the improvements that this new CAPTCHA brings to our protection and security."
Today's announcement comes on the heels of Aurelie Guerreri's appointment as CMO, the addition of KnowBe4's Lars Letonoff to DataDome's Board of Directors, as well as Benjamin Fabre's appointment as CEO. The company was also recently named a "Strong Performer" in bot management in The Forrester Wave™: Bot Management, Q2 2022 report, and has won several industry awards, including the CNP Customer's Choice Award for Best Anti-Fraud Solution, Global Business Technology Award for Best Application of Tech - Security, and the Cybersecurity Excellence Award for Bot Defense.
Follow DataDome on Twitter and LinkedIn for regular updates on threat research, customer case studies, and to ensure your bot protection is ready for the sales season.
DataDome is a global provider of state-of-the-art bot protection for mobile apps, websites, and APIs, against online fraud. DataDome's mission is to free the web from fraudulent traffic, so sensitive data remains safe without compromising user privacy or the user experience. DataDome leverages AI and machine learning to analyze 1 trillion signals each day and beat sophisticated attacks in real time. DataDome protects leading digital commerce businesses, including Axel Springer, AngelList Talent, Australia Post, Patreon, carsales.com Limited, and Foot Locker.
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SOURCE DataDome | https://www.mysuncoast.com/prnewswire/2022/07/20/datadome-innovates-bot-management-with-launch-first-user-friendly-privacy-compliant-secure-captcha/ | 2022-07-20T13:52:52Z |
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