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MCLEAN, Va., June 17, 2022 /PRNewswire/ -- ARG, Inc.(www.myarg.com) a Virginia-based national technology consulting firm, announced that it has been recognized on The Washington Post's Top Workplaces 2022 list. The list recognizes 200 Washington-area firms rated internally by their employees to be the best place to work in the region. Employee feedback is the sole basis for determining which employers make the list and ARG ranked 26th in the small business category.
"ARG is honored to be named as one of The Washington Post's Top Workplaces for the 8th time, recognizing not only our mission-driven organization dedicated to protecting our clients from obsolescence but our commitment to culture and our community," said ARG President, Steve Praske. "We are so grateful to have the best and the brightest in the industry. We would not be where we are today without our hard-working team who consistently go above and beyond to ensure that our clients get the right technology and the support they need to ensure success."
The Washington Post's Top Workplaces list is open to any private, public, government, or nonprofit employer in the Washington-D.C. area with 50 or more workers. Energage, The Post's survey partner, asks employees to rate their organizations on a seven-point scale – from strongly disagree to strongly agree – on 24 management and leadership quality statements. More than 7,000 area companies were invited to participate and 518 were surveyed, a record high. The top companies were selected based on survey responses from more than 72,000 employees on topics ranging from employee development to innovation.
There are two problems in the IT market; the first is the overwhelming choice, and the second is the pace of change. Companies are afraid of making the wrong choice, or not choosing the latest technology because they are simply not aware of it. For over 30 years, ARG has helped over 4,000 companies make the right choice from thousands of options and bleeding-edge new products. We call it IT Clarity – our clients call it brilliant.
Media Contact:
Erica Lord | elord@myarg.com | 703-770-2407
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SOURCE ARG, Inc. | https://www.kxii.com/prnewswire/2022/06/17/arg-name-washington-posts-top-workplaces-eighth-time/ | 2022-06-17T21:30:13Z |
(STACKER) – Ever since its inception, the Grammy Awards have been considered among the most important awards in music.
The first awards ceremony in 1959 honored the likes of iconic stars including Frank Sinatra, the Kingston Trio, Count Basie, and Ella Fitzgerald. Since then, many other outstanding artists — considered by critics and fans to be among the best of all time — have also found acclaim.
But while many Grammy wins are well deserved, the awards have had their fair share of controversies.
Stacker compiled an original list using independent research to round up some of the top Grammy flubs and how those decisions have aged ahead of the 2022 ceremony, which, amid the ongoing COVID-19 pandemic, was already delayed in both 2021 and 2022.
Music fans have complained that the voting system skews in favor of those with top-selling records rather than the best music, divorcing winners from the reality of what’s happening in the industry. And following an unprecedented snub for a bid at the 2021 ceremony for his critically acclaimed album “After Hours,” The Weeknd even spearheaded a boycott against the show, accusing the awards of corruption.
Some undeniably iconic artists, such as Diana Ross and Jimi Hendrix, never won awards throughout their vaunted careers. What’s more, fans have frequently complained that certain winners had beat out superior artists (or at least artists that fans or critics insisted were better). In a few cases, artists were nominated in categories that made no sense for their style of music.
Keep reading to discover some of the most controversial Grammy wins in history.
New Vaudeville Band beats out rock legends
New Vaudeville Band, the 1960s novelty pop band, won Best Contemporary Rock & Roll Recording for their song “Winchester Cathedral” in 1967. They beat out “Monday, Monday” by The Mamas & the Papas, “Eleanor Rigby” by The Beatles, and “Good Vibrations” by The Beach Boys — all of which are considered classics today.
José Feliciano wins Best New Artist
It wasn’t that José Feliciano was undeserving of the Best New Artist award in 1969, but people were surprised that he beat Cream — among the best rock bands of all time. Feliciano’s lasting contributions include singing the most famous version of “Feliz Navidad.”
‘Thriller’ wins, but ‘1999’ isn’t nominated
In 1984, Michael Jackson’s acclaimed album “Thriller” won Album of the Year. It was a deserved award in many fans’ eyes. However, the competition may have been a bit more fierce if Prince’s classic “1999” was nominated — which it wasn’t. That album, in which Prince plays almost all of the instrumentals himself, secured his place among music’s greats and is largely considered one of the greatest albums of all time.
Jethro Tull wins for Best Hard Rock/Metal
In 1989, the Grammys introduced a new category to indicate that they were hip to the times: Best Hard Rock/Metal Recording. Among the nominees were Metallica, Iggy Pop, AC/DC, and Jane’s Addiction. When Jethro Tull — a progressive rock band that heavily featured flute — won, many in the crowd started laughing. Today, it’s still considered a bit confusing, even by the members of Jethro Tull.
Milli Vanilli’s award rescinded
Milli Vanilli was awarded the Best New Artist award in 1990. But when the pop duo admitted that they hadn’t actually sung any of their songs themselves, both on their album or in concert, the Academy stripped them of their Grammys.
The pair later attempted to stage a comeback, could not regain their footing before 32-year-old member Rob Pilatus died from an overdose in 1998.
Sinéad O’Connor refuses her award
The year was 1991 and Sinéad O’Connor was nominated for Best Female Pop Vocal Performance, Best Alternative Music Performance, and Record of the Year. Though she won the Best Alternative category, she was not there to receive it, as she withdrew herself from the ceremony due to its “false and destructive materialistic values.”
Eric Clapton beats Nirvana
Eric Clapton is an undeniable music legend — as well as the lead guitarist of the aforementioned Cream — and his song, “Layla,” has stood the test of time. However, in 1993, it was an acoustic cover of that song — which, by then, was 20 years old — that beat out Nirvana’s “Smells Like Teen Spirit” for Best Rock Song. Today, “Teen Spirit” is considered a touchstone of the ’90s and among Nirvana’s best-known works.
Pearl Jam’s Eddie Vedder’s awkward speech
Many artists are ecstatic to win their first Grammy Award, but that was not the case for Pearl Jam’s lead man, Eddie Vedder. When the group won Best Rock Performance in 1996, Vedder took the stage to say, “I don’t know what this means. I don’t think it means anything. That’s just how I feel.”
Though his nonchalance confounded some, Pearl Jam went on to achieve great acclaim. In 2000, he dissed the Grammys once again at a 10-year anniversary performance for this band in Las Vegas, thanking his fans and adding, “I would never do this accepting a Grammy or something.”
Christina Aguilera tops Britney Spears
The year? 2000. The question on everyone’s mind: Which pop princess will take Best New Artist, Christina Aguilera or Britney Spears? By night’s end, Aguilera would prevail, signaling a reign that would see the pop star dominating the Grammy Awards for years to come.
Shelby Lynn wins Best New Artist
When country singer Shelby Lynn won Best New Artist in 2001, fans felt that maybe it was a tad late for her to be considered a “new” artist. She had already been recording for years. As she joked in her acceptance speech, it took her “13 years and six albums to get here.” Since then, she’s released seven more studio albums and dozens of singles.
50 Cent interrupts Evanescence
Kanye West famously interrupted Taylor Swift’s Video Music Awards speech in 2009. Perhaps he was inspired by another rapper back in 2004.
When the alternative rock band Evanescence won for Best New Artist and began their speech, 50 Cent, who had also been nominated for the award, jumped on stage and paraded around the band before making his way back to his seat. Evanescence singer Amy Lee took it in stride, joking about it. Today, it’s still considered an oversight that 50 Cent lost, considering he was nominated for five awards that night — and didn’t win any.
Maroon 5 and Ray Charles beat Kanye West
The 2005 Grammy Awards saw 10 nominations for Kanye West’s “The College Dropout,” the most nominations for any artist there. While West secured three wins, some fans felt there were two major oversights. First, his defeat by Maroon 5 for Best New Artist. Second, and perhaps most egregiously, his loss to Ray Charles for Album of the Year.
Charles had just died, and the award given to his record “Genius Loves Company” was seen as overly sentimental or misplaced allegiance to the music legend.
Herbie Hancock beats Amy Winehouse
By 2008, Amy Winehouse’s second (and final) studio album “Back to Black” had been out for several years and was considered some of the best material for that year’s Grammy Awards. Winehouse left rehab to perform for the ceremony via satellite and won five awards, including Song of the Year and Best New Artist.
But in a surprise twist, Best Album went to the long-established Herbie Hancock, a jazz artist who had released an album of reimagined Joni Mitchell songs.
Macklemore bests Kendrick Lamar
Hip-hop fans were none too happy when Macklemore beat out Kendrick Lamar for Best Rap Album in 2014. They were even more perplexed when Macklemore posted a text exchange with Lamar, wherein he apologized for winning the award he felt Lamar deserved. Was he being honest or pandering to public opinion?
No matter: Lamar went on to win the award at the 2016 ceremony for “To Pimp a Butterfly” and in 2018 for “Damn,” which even won him the Pulitzer Prize for Music.
Adele apologizes to Beyoncé
Adele’s reaction to winning the Grammy for Album of the Year in 2017 for “25” wasn’t elation. In fact, she admitted “a little piece of [her] died” when she was announced the winner. On stage, she apologized to Beyoncé, who she said deserved the award for her album “Lemonade.” | https://cw33.com/news/controversial-grammy-wins-and-how-theyve-aged/ | 2022-04-04T16:35:23Z |
More than a 1,000 books have been banned in 86 school districts in 26 states across the United States, a new PEN America analysis shows.
PEN America, a literary and free expression advocacy organization, released a detailed analysis on Thursday of challenges to and bans on school library books and class curriculums. The group said it documented media reports, consulted school district websites, and spoke with librarians, authors and teachers from July 31, 2021, to March 31, 2022.
According to PEN America, in that period, there were 1,586 books banned. Texas led the country with the most book bans -- 713 -- affecting 16 school districts, followed by Pennsylvania and Florida with 456 and 204 bans, respectively. PEN America describes a book ban as "any action taken against a book based on its content" that leads to the removal or restriction of a previously accessible book. The analysis includes book removals or restrictions that lasted at least a day, the group says.
Jonathan Friedman, director of PEN America's Free Expression and Education program and lead author of the report, said challenges to books in American schools are nothing new, but the rate at which they have recently taken place is "unparalleled."
"Challenges to books, specifically books by non-White male authors, are happening at the highest rates we've ever seen," Friedman said. "What is happening in this country in terms of banning books in schools is unparalleled in its frequency, intensity, and success."
The group says the book bans were directed at 1,145 different titles, many of which tell stories related to LGBTQ people and people of color.
PEN America said the analysis of book titles was based on "standard publishing information provided through marketing and sales materials by publishers for books, as well as relevant reading and review of the books in question."
The findings are similar to those released earlier this week by the American Library Association. Both groups described the number of book challenges as unprecedented and named the same six titles among the most banned books.
Those six titles are, "Gender Queer" by Maia Kobabe, "Lawn Boy" by Jonathan Evison, "All Boys Aren't Blue" by George M. Johnson, "Out of Darkness" by Ashley Hope Perez, "The Bluest Eye," by Toni Morrison and "Beyond Magenta" by Susan Kuklin. Each title has been banned in at least 11 school districts.
Kobabe's book has been banned in 30 school districts, PEN America says, the most of any other book.
Politicians and school board members have played a significant role in book banning, PEN America says. At least 41% of book bans were linked to directives from state officials or elected lawmakers.
In Texas, Republican Gov. Greg Abbott has pressured school boards to remove what he calls "pornography" from school libraries. Meanwhile in Florida, Gov. Ron DeSantis signed a bill late last month that requires school libraries to post more information about their collections and seek community input on materials they acquire.
The trend, PEN America says, is a departure from past book removal practices, which were usually initiated by community members.
The book bans "have become a favorite tool for state-wide and national political mobilization" with groups such as Moms for Liberty, a conservative group whose "mission is to organize, educate and empower parents," curating lists of books to be challenged and urging parents to mobilize, the analysis says.
The group also found that at least 96% of the bans were initiated by school administrators or board members and that for the most part, school officials did not follow existing guidelines, raising "serious concerns," it said.
The report also states that school officials were not transparent or made "opaque or ad hoc decisions" before removing book titles.
Suzanne Nossel, CEO of PEN America, said the wave of book bans represents a troubling retreat from America's historic commitment to First Amendment rights.
"By short-circuiting rights-protective review processes, these bans raise serious concerns in terms of constitutionality, and represent an affront to the role of our public schools as vital training grounds for democratic citizenship that instill a commitment to freedom of speech and thought," Nossel said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/texas-leads-among-26-states-with-book-bans-free-speech-group-says/article_ff3391cd-2bd5-5d4d-ab49-ca272ebd78e0.html | 2022-04-07T19:50:04Z |
CINCINNATI, June 20, 2022 /PRNewswire/ -- Meridian Bioscience, Inc. (NASDAQ: VIVO), a leading global provider of diagnostic testing solutions and life science raw materials, announced today two new sample-specific master mixes, Lyo-Ready™ Direct DNA qPCR Stool Mix, and Lyo-Ready™ Direct RNA/DNA qPCR Stool Mix. These innovative master mixes improve the molecular detection of DNA and RNA from crude fecal specimens while allowing room temperature stabilization of diagnostic assays.
Stool samples are used in many gastrointestinal diagnostic tests to screen for harmful bacteria, fungi, viruses, autoimmune conditions, and colorectal cancer (CRC). The fecal occult blood test (FOBT) has been the most widely used gastrointestinal immunoassay to screen CRC for over three decades. However, recent large-scale studies have shown that the FOBT lacks the sensitivity to detect early stages of CRC. Better diagnostic tools are needed to improve assay accuracy, sensitivity, and affordability. Molecular testing is the newest alternative and offers significant improvement in sensitivity and accuracy, especially when multiple targets are detected in the results of a multiplex test. Detection of DNA or RNA from stool is challenging because it contains an array of PCR inhibitors including bile salts, polysaccharides, and catabolic substances. To overcome these challenges, assays typically require expensive and time-consuming sample processing and extraction steps which increase the time to results and cost – ultimately delaying physician diagnosis and patient treatment.
Meridian's new Lyo-Ready™ Direct DNA qPCR Stool and Lyo-Ready™ Direct RNA/DNA qPCR Stool Mixes remove the need for time-consuming nucleic acid extraction or lengthy component optimization. This enables test developers to quickly develop faster and more sensitive assays for stool sample analysis. In addition, the mixes can be used in liquid or lyophilized format when ambient temperature assay stabilization is needed, removing the need for cold storage.
Florent Chang-Pi-Hin, Ph.D., Vice President of Research & Development - Life Science, commented, "The use of Lyo-Ready™ Direct qPCR Stool mixes for DNA and RNA is ideal for cancer biomarker detection, early cancer detection, and cancer treatment monitoring where assay sensitivity can be lifesaving. The specific adaptation of our chemistries to stool specimens makes our master mixes the perfect tool for any developer seeking faster new product introduction, shorter time to results, or the ability to transform a wet assay to an ambient temperature-stable assay with minimum developmental time."
Meridian is committed to creating innovative solutions that simplify and accelerate the development of superior diagnostic assays. For more information on leveraging of Lyo-Ready™ technology for your assay development, please visit https://www.meridianbioscience.com/lifescience/products/molecular-reagents/lyo-ready-air-dryable-master-mixes-reagents/ or contact Paul.Marr@meridianlifescience.com.
About Meridian Bioscience, Inc.
Meridian is a fully integrated life science company that develops, manufactures, markets, and distributes a broad range of innovative diagnostic products. We are dedicated to developing and delivering better solutions that give answers with speed, accuracy, and simplicity that are redefining the possibilities of life from discovery to diagnosis. Through discovery and development, we provide critical life science raw materials used in immunological and molecular tests for human, animal, plant, and environmental applications. Through diagnosis, we provide diagnostic solutions in areas including gastrointestinal and upper respiratory infections and blood lead level testing. We build relationships and provide solutions to hospitals, reference laboratories, research centers, veterinary testing centers, physician offices, diagnostics manufacturers, and biotech companies in more than 70 countries around the world.
Meridian's shares are traded on the NASDAQ Global Select Market, symbol VIVO. Meridian's website address is www.meridianbioscience.com.
Contact:
Charlie Wood
Vice President – Investor Relations
Meridian Bioscience, Inc.
Phone: +1 513.271.3700
Email: mbi@meridianbioscience.com
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SOURCE Meridian Bioscience, Inc. | https://www.kxii.com/prnewswire/2022/06/20/meridian-launches-new-qpcr-master-mixes-stool-samples-accelerate-development-molecular-assays/ | 2022-06-20T13:32:16Z |
Bolt is the first in X-Bow's new suite of sub-orbital and orbital capable launch vehicles
WHITE SANDS, N.M., July 26, 2022 /PRNewswire/ -- X-Bow Systems (X-Bow), today confirmed the successful first launch of its Bolt Rocket at White Sands Missile Range. Bolt is the first vehicle in X-Bow's new suite of modular boost rockets. The mission, named XL-2, carried a Payload Test Vehicle for the Department of Energy's Los Alamos National Laboratory (LANL). With the success of this launch, the X-Bow team continues to usher new technologies, capabilities and competition into the solid rocket motor (SRM) Industrial Base.
"The XL-2 launch caps off an impressive and successful three-month effort at X-Bow," says Sam McCraw, X-Bow's XL-2 Mission Manager and Director of Programs. "Over this short period, our talented team designed and built a new test site, completed our first large motor static fire, and pulled off an 11-day launch campaign leading to a successful first flight. We're very grateful for the excellent support provided by Los Alamos National Lab and the Navy Detachment at White Sands Missile Range."
X-Bow's team will now examine the XL-2 mission data, inspect the recovered hardware and move on to test its additively manufactured solid propellant technology on its second mission, sponsored by the U.S. Army Space and Missile Defense Command (SMDC) and the Department of Defense Innovation Unit (DIU). Multiple further launches of increasing size and capabilities in support of, and under contract with additional customers are scheduled through 2024 and beyond. X-Bow also continues to offer its Bolt 'Orbital Vehicle' to the U.S. Space Force on the OSP-4 contract.
"The Responsive Development Experiment (ReDX) flight test is the first example of what we expect to be a fruitful collaboration between the Laboratory and X-Bow Systems. This partnership will enable the Laboratory to leverage the revolution in commercial space flight and provide our scientists and engineers with rapid and cost-effective access to experimental flight test data. Experiments conducted at a high cadence are the surest path to learning and innovation and provide one of the best ways we have to train a new generation of scientific and engineering staff," says Charlie Nakhleh, Associate Laboratory Director, Weapons Physics, at Los Alamos National Labs.
"Bolt's successful flight had fantastic first stage burn and payload stage separation. This launch puts us in an extremely strong position to accelerate the capabilities of this sub-orbital and orbital family of vehicles and to deliver our customers their desired mission profiles," says Jason Hundley, Founder and CEO of X-Bow Systems. "The inherent simplicity of our Ballesta solid rocket motor and Bolt vehicle architecture allowed us to complete this highly efficient integration and tactically responsive launch campaign."
The Bolt launch follows last month's successful static fire of the 32" diameter Ballesta Solid Rocket Motor. The Ballesta motor and the Bolt rocket were both built and assembled in tactical field conditions with minimal tools and handling gear. At full production, X-Bow will launch monthly, or more frequently, from various sub-orbital ranges across the US and its territories.
X-Bow Systems is disrupting the aerospace industry with innovative and cost-effective additively manufactured energetics for the solid rocket motor and launch vehicle market. X-Bow is also designing and building a suite of modular solid rocket motors and small launch vehicles for both orbital and suborbital launch services. X-Bow is led by CEO Jason Hundley, Chairman Mark Kaufman, CTO Max Vozoff, CRO Maureen Gannon, General Counsel John Leary and a growing team of seasoned industry veterans and new space entrepreneurs. Headquartered in Albuquerque, New Mexico, X-Bow has additional presence in California, Alabama, Colorado, Texas, and Washington, DC. X-Bow is actively recruiting talented and determined individuals to join its team. For more information visit www.xbowsystems.com
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SOURCE X-Bow Systems | https://www.wibw.com/prnewswire/2022/07/26/x-bow-systems-successfully-launches-bolt-rocket/ | 2022-07-26T19:49:54Z |
GIC and B Capital Lead $150 Million Series D Funding Round, Valuing FalconX at $8 Billion
SAN FRANCISCO, June 22, 2022 /PRNewswire/ -- FalconX, a digital assets platform for institutional investors, today announced a $150M Series D financing round, valuing the company at $8 billion. The round was led by GIC and B Capital, with participation from Thoma Bravo, Wellington Management, Adams Street Partners and Tiger Global Management. This venture round more than doubles the value of FalconX after its Series C raise in August 2021 that valued the company at $3.75 billion. FalconX has now raised $430 million+ from the world's leading investors, making it one of the most valuable crypto prime brokerages in the world.
Momentum Is Strong Throughout Recent Market Stress Tests
There has been a definitive flight to quality in both the public and private markets – with investors focused on strong, profitable and sustainable companies. In Q1 2022, FalconX had the strongest quarter of customer onboarding in the company's history, despite the volatile public and private markets. This growth is driven by demand from a diverse range of institutional market customers who are looking for a reliable execution platform in volatile crypto markets, capital efficiency to scale returns and strong risk management.
"FalconX is one of the very few crypto prime brokerages who do not take on market risk, so we're not in conflict with our clients and their trading strategies. In light of recent market conditions, this is extremely valuable to our clients who demand a reliable market infrastructure provider. This investment is a validation of our client-first focus, the health and strength of the crypto industry, and the move towards digital asset transformation," said Raghu Yarlagadda, CEO and Founder of FalconX.
FalconX At the Forefront of Digital Asset Transformation
We are in the early stages of a shift towards digital asset transformation and crypto is the first use-case. Soon, every asset will go through a transformation, leverage tokenization and become truly global. This will unlock unparalleled value in industries where 24/7 liquidity and credit did not exist previously. From the world's largest hedge funds to fintech companies, boardrooms are focused on digital asset transformation. FalconX is driving this transformation by creating the underlying infrastructure required to not just access crypto but pave the way for traditional assets such as equities to be tokenized.
"FalconX is a key liquidity provider for Apex Crypto and a key partner that contributes to best pricing," said Danny Rosenthal, CEO of Apex Crypto. "We are proud to partner with FalconX to provide strong markets for our customers, representing over 4.5 million cryptocurrency accounts, in a seamless and capital efficient manner. We look forward to our future with FalconX."
Premier Talent Is Hungry to Be Involved in the Early Stages of Crypto
While there has been a public narrative that the current hiring trend across the technology ecosystem is slowing down, FalconX's growth strategy remains unchanged. The company is currently hiring across departments. As one of the leading talent hubs in the world of crypto, the company recently announced the hiring of key executives like Suzy Walther (formerly of Carta) and Jon Kaplan (formerly of Pinterest). Because the crypto industry is well funded with more capital eager to engage, premier talent is hungry to be involved in these early stages.
"We partner with companies that will have lasting impacts on the industries and customers they serve. As a tech-first digital asset infrastructure platform, FalconX provides a holistic product offering paired with unparalleled execution that supports over 70M+ transactions on a monthly basis. They are well-positioned to lead the ongoing institutional transition to digital assets for years to come," said Rashmi Gopinath, General Partner, B Capital.
Last month, FalconX became the first CFTC-registered crypto-focused Swap Dealer and one of the first crypto-focused Primary Level Members of the International Swaps & Derivatives Association (ISDA). As a result of adhering to these regulatory and industry standards, U.S. institutions can now engage with this regulated product in a predictable and familiar way.
To learn more or get started with FalconX today, visit https://falconx.io.
About FalconX
FalconX is a fully comprehensive digital asset platform that allows institutions to access and manage all of their crypto strategies through a single interface and seamless workflows, making it easy to execute trading, credit and clearing all in one place. FalconX's crypto-as-a-service offering powers leading banks, FinTech institutions and investment applications to easily add crypto to their product offerings with a goal of enabling the next billion users to enter the crypto space. The company is backed by investors including Accel, Adams Street Partners, Altimeter Capital, American Express Ventures, B Capital, GIC, Lightspeed Venture Partners, Sapphire Ventures, Thoma Bravo, Tiger Global Management and Wellington Management. FalconX has offices in Silicon Valley, New York, Chicago, Bengaluru and Malta. For more information visit falconx.io or follow them on Twitter and LinkedIn.
MEDIA CONTACT:
Kasey Christolos
Next PR
FalconX@nextpr.com
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SOURCE FalconX | https://www.kxii.com/prnewswire/2022/06/22/top-investors-back-falconx-need-reliable-execution-amp-institutional-conviction-digital-assets-continues-soar/ | 2022-06-22T11:18:01Z |
BEIJING and HANGZHOU, China, Aug. 25, 2022 /PRNewswire/ -- Roan Holdings Group Co., Ltd. ("Roan" or the "Company") (OTC Pink Sheets: RAHGF and RONWF), a comprehensive solution provider for industrial operation and capital market services, today reported its financial results for the six months ended June 30, 2022.
Key Financial Highlights for the First Half 2022 as compared to First Half 2021:
- Total revenue from services increased 238% from $0.33 million to $1.12 million.
- Operating income increased 57% to $2.79 million, as compared to $1.78 million.
- Net income was $0.56 million or $0.01 per share, compared to net loss of $0.46 million or $0.02 per share.
Mr. Junfeng Wang, Chairman of the Board commented, "The first half of 2022 was a productive half year for Roan, highlighted by a strong growth of 238% in revenues from services due to the growing revenues contributed from our industrial operation services. Our newly focused industrial operations services made up 84.6% of our revenues from services in the first half 2022, which is a testament to our successful development and continuous expansion on the industrial operation business in the Yangtse River Delta Region. During the first half of 2022, we have made remarkable progress through cooperating with leading enterprises on the industrial operation projects targeting new energy, new materials and semiconductor fields."
"We will continue to leverage our past experience, performance, customer resources, market channels, relationships with institutional organizations and local government relations to continue expanding our service offerings of industrial operations step by step. We plan to implement multiple new strategic initiatives this second half of the year and continue aiming to set up an industrial service platform that could cover the industrial supply chain of new energy industrial operation and both the downstream and upstream resources in such fields. We plan to continue to promote our leading 'industrial investment + industrial operation' solutions of 'whole process and life cycle'," Mr. Wang said.
Mr. Wenhao Wang, Chief Financial Officer of Roan, commented: "Our first two fiscal quarters marked a strong growth in revenues and resulted in net profits as we begin to realize the benefits of our business strategy upgrade and the development of our industrial operation service. We managed to achieve a net income of $0.56 million for the first half of 2022, with an increase of 222% or 1.02 million, from a net loss of $0.46 million during the same period of last year. As we look toward the second half of 2022 and the next fiscal year, we expect our industrial operation service revenue to continue to increase as a percentage of our total revenue, and to deliver good financial performance for the Company, further enjoying the growth in the new energy and new materials sectors and bringing better returns for our shareholders."
First Half 2022 Financial Results
Revenues
The following table sets forth a breakdown of our revenue by services offered for the six months ended June 30, 2022 and 2021:
Financial consulting services
Revenue from financial consulting services was $165,212 for the six months ended June 30, 2022, as compared to $126,659 for the same period of last fiscal year. An increase of $38,553, or 30%, as compared to $126,659 for the same period of last fiscal year as the result of stronger sales efforts.
Consulting services relating to debt collection
Revenue from consulting services relating to debt collection was $nil for the six months ended June 30, 2022, as compared to $204,129 for the same period of last fiscal year. Due to the negative impact of COVID-19, the Chinese economy deteriorated, which increased the risk of debt collection and sale ability of collateral guaranteed for these debts. To avoid these risks, the Company did not renew or sign any consulting services contracts relating to debt collection during the six months ended June 30, 2022.
Revenue from healthcare services packages
Revenue from the health care service packages was $26,209 and minimal for the six months ended June 30, 2022 and 2021, respectively. The health service package was sold to the customers in the first quarter of 2022 when COVID-19 broke in Shangyu and Hangzhou.
Industrial operation services
Revenue from industrial operation services was $946,439 for the six months ended June 30, 2022, as compared to $nil for the same period of last fiscal year, which was mainly due to the Company providing industrial operations services starting in 2021.
Commission and fees on financial guarantee services
Commission and fees on financial guarantee services was $185,634 and $191,920 for the six months ended June 30, 2022 and 2021, respectively, reflecting a small decrease for business development.
Provision for financial guarantee services
The provisions for financial guarantee services are related to financial guarantee service business as per the requirement of local government. Provisions for financial guarantee services was reversed $195,915 for the six months ended June 30, 2022, as compared to recovery of provision for financial guarantee services of $15,586 for the same period of last fiscal year.
Interest and fee income
Interest and fee income primarily consisted of interest and fee income generated from loans due from third parties. Interest and fee income was $1,291,030, an increase of $20,991, or 1.65% for six months ended June 30, 2022 as compared to $1, 270,039 for the same period of 2021. The increase was mainly due to the increase in interest income from loans due from third parties, which was offset by the decrease in interest income on deposits with banks.
Operating expenses
Operating expenses decreased by $279,986 or 13.29%, to $1,826,134 for the six months ended June 30, 2022, as compared to $2,106,120 for the same period of last fiscal year. The decrease in operating expenses was primarily the result of our cost control strategies.
Net income (loss) and earnings (loss) per share
Net income was $563,372 for the six months ended June 30, 2022, as compared to net loss of $460,397 for the same period of last year.
After deducting for non-controlling interests, net income attributable to the Company's shareholders was $322,005 for the six months ended June 30, 2022, as compared to net loss attributable to the Company's shareholders of $527,427 for the same period of last year.
Earnings per share was $0.01 for the six months ended June 30, 2022, as compared to loss per share of $0.02 for the same period of last year.
Cash and cash equivalents
Cash and cash equivalents were $1,035,674 as of June 30, 2022, reflecting a decrease of $911,468 from $1,947,142 as of December 31, 2021, primarily because of the payment of bank loans during the six months ended June 30, 2021.
Recent developments
On August 15, 2022, the Company entered into a cooperation framework agreement with Guodiantou (Beijing) Integrated Energy Co., a subsidiary of State Power Investment Corporation Limited, for their future strategic cooperation on investing, constructing and operating new energy storage power stations initially in the Yangtze River Delta region.
On June 29, 2022, the Company entered into a Letter of Intent with Zhejiang Shangyu Cao'e River Economic Development Zone as the Company executes on its strategic plan to provide planning, support, and operations for new energy storage, new materials and semiconductor related projects.
On June 23, 2022, a new wholly-owned subsidiary of the Company, Zhongtan Future Industrial Operation (Hangzhou) Co., Ltd., was incorporated under the laws of the PRC, which provides services in industrial operation services focusing on new storage energy, new materials and semiconductor.
On June 8, 2022, the Company entered into an investment cooperation agreement for a new energy storage industrial park with Jiaxing Economic and Technological Development Zone.
On April 2, 2022, the Company's subsidiary, Hangzhou Zeshi Investment Partnership (Limited Partnership), invested RMB 22 million (approximately $3.41 million) to a joint venture, Zhongxin Future (Hangzhou) Semiconductor Technology Industry Development Co., Ltd. and holds 22% of the equity in the joint venture. ZhongXin provides industrial operation solutions and will set up industrial parks by collaborating with local government in multiple areas for the manufacturing, marketing and distribution of the semiconductor products and new materials.
About Roan Holdings Group Co., Ltd.
Founded in 2009, Roan Holdings Group Co., Ltd. (OTC Pink: RAHGF and RONWF) is a comprehensive solution provider for industrial operation and capital market services. Adhering to the platform strategy of "cross collaboration, technology empowerment, sustainability and stability, and combination of operation and finance resources", the Company's services focus on the new energy, new materials, and semiconductor industries. At the same time, the Company focuses on the application of innovative technologies in the consumer industry with respect to financial consumption, cultural and tourism consumption, and great health ecosystem. Roan aims to provide comprehensive solutions and supporting services for diversified institutional and local government clients across the entire industry chain. Roan has offices in Hangzhou and Beijing and subsidiaries in Hangzhou, Ningbo, Shaoxing and Tianjin. For more information, please visit: www.roanholdingsgroup.com.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among others, the consummation of the proposed transaction, and can be identified by terminology such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Examples of such statements in this release include our plans to continue promoting and expanding our service offerings of industrial operations and step by step implement multiple new strategic initiatives this second half of the year; our intent to set up an industrial service platform that could cover the industrial supply chain both upstream and downstream of new energy industrial operations; and our expectation that our industrial operation service revenue will continue to increase as a percentage of our total revenue and to deliver good financial performance for the Company, further enjoying the growth in the new energy and new materials sectors and bringing better returns for our shareholders. Such statements are based upon management's current expectations, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control and which could cause actual results to differ materially from statements made in this press release. Examples of these risks include whether we are able to grow our revenue from industrial operation services, in part from our multiple strategic initiatives, whether we will be timely in implementing such multiple strategic initiatives and whether such strategic initiatives will lead to new revenue, whether any growth would be profitable, whether there will be continued growth in the new energy and new materials sectors, whether the worldwide economic slow-down will impact these sectors materially, and whether we will be able to timely set up an industrial service platform covering both the downstream and upstream resources for industrial supply chain of new energy industrial operations. Further information regarding these and other risks, uncertainties or factors are included in the Company's filings with the U.S. Securities and Exchange Commission which are available on our website at www.roanholdingsgroup.com/cwbg and on the SEC's website at www.sec.gov. Additional information will also be set forth in other filings that we make with the SEC from time to time.. The Company does not undertake any obligation to update any forward-looking statements as a result of new information, future events or otherwise, except as required under law.
IR Contact:
At the Company:
Katrina Wu
Email: xiaoqing.wu@roanholdingsgroup.com
Phone: +86-571-8662 1775
Investor Relations Firm:
Sherry Zheng
Weitian Group LLC
Email: shunyu.zheng@weitian-ir.com
Phone: +1 (718)213-7386
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SOURCE Roan Holdings Group Co., Ltd. | https://www.wibw.com/prnewswire/2022/08/25/roan-holdings-group-co-ltd-reports-first-half-2021-financial-results/ | 2022-08-25T11:45:44Z |
DALLAS (KDAF) — Dallas Mayor Eric Johnson continues his outspokenness for wanting the city to acquire more professional sports franchises and even more major businesses.
Now, Mayor Johnson wants Dallas to play to win on every front and needs a gameplan to attract and retain pro sports teams and major businesses. He says, “Over the years, as this region has grown, the city’s suburban neighbors have benefited from the “Dallas” brand. They have used this city’s economic might and significant national reputation to attract businesses into their own city limits.”
“They pitch their proximity to the City of Dallas along with promises of newer infrastructure, lower taxes, lower crime, better public schools, and exciting new amenities. They play hardball — and they win, which means the City of Dallas loses out on potential new tax revenue, on additional economic activity, and on residents.”
He states that teams are using the name of Dallas to better portray their standing when not being located or even playing directly in the city:
“The *Dallas* Cowboys are based in the City of Frisco and play in the City of Arlington. FC *Dallas* plays in the City of Frisco. The Texas Rangers play in the City of Arlington in a brand-new stadium that should have been built in Downtown Dallas. The *Dallas* Wings also play in the City of Arlington. The Professional Golfers’ Association of America no longer hosts any tournaments in the City of Dallas, as the AT&T Byron Nelson is now played in the City of McKinney.
“For too long, the City of Dallas has been too passive when it comes to winning major business operations. And that’s especially true when it comes to attracting and retaining these professional sports franchises. That’s why I created the Ad Hoc Committee on Professional Sports Recruitment and Retention.”
Johnson does want to add another NFL franchise to the city, but he says the new committee is heavily focused on retaining the Dallas Mavericks and Stars franchises, as their leases at the American Airlines Center will expire in 2031.
“So, this is the time to start having that conversation. The Mavericks and Stars have meant a lot to the City of Dallas. They have consistently stepped up to help out in the city’s times of need. They’re involved with the city’s youth. And they are part of the cultural fabric of this city. The suburbs to the north and to the west of Dallas proper will certainly be trying to make their best cases. It’s time for the City of Dallas to protect its own.”
For more from the mayor’s office on retaining and adding new sports franchises to the city, click here. | https://cw33.com/news/local/dallas-mayor-says-city-needs-gameplan-for-more-pro-sports-teams-major-businesses/ | 2022-05-23T18:43:14Z |
LOS ANGELES, Aug. 29, 2022 /PRNewswire/ -- LA Swimwear Production is announcing it's plus size and bra sized swimwear production for swimwear brand startups. LA Swimwear Production is able to assist with tech packs, fabric sourcing, sampling and mass production for USA based startup and in market brands and retailers.
LA Swimwear Production can assist from sketch to product and can assist with product costing and bulk productions. Plus size swimwear is a booming market that LA Swimwear Production is able to fit for. With expert pattern makers, graders and and technical designers that can assist from start to finish.
For more information please contact: sales@laswimwearproduction.com
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SOURCE LA Swimwear Pro | https://www.wibw.com/prnewswire/2022/08/29/la-swimwear-announces-production-capability-plus-size-bra-size-swimwear/ | 2022-08-29T12:21:39Z |
CALGARY, AB, July 26, 2022 /PRNewswire/ - Credivera, a global leader in the secure, open exchange of verifiable credentials and digital identity solutions, today announced that it has joined the Microsoft Partner Network. In addition, it has been selected by Microsoft as a Microsoft Entra Verified ID solution provider. Credivera joins a list of internationally based companies in the Microsoft Partner Network who are leading the development of innovative digital identity tools, empowering individuals to completely own and control their unique digital identity. Recent market conditions, such as the emerging world of decentralized identity, the remote nature of today's global workforce, and the troubling increase in widespread identity theft, uniquely position Credivera as a trusted source of truth, supporting businesses and enterprises everywhere as they look to automate the verification of identity credentials for their workforce.
"We are in the business of verifiable career credentials and today's announcement is a major milestone for the entire Credivera team as we respond to the urgent demand for trusted digital identity and open standard solutions that enable secure, private information sharing. We're excited to represent Canada on a global stage within the Microsoft Partner Network alongside an esteemed list of companies and will continue to deliver innovative digital identity solutions for the workforce that return power and control into the hands of the individual, allowing each of us to own what we know and share what we want." said Dan Giurescu, Credivera co-founder and Chief Executive Officer.
Credivera's technology platform is built using Microsoft Azure SQL Database, Azure Active Directory, and is integrated with Microsoft Dynamics 365 Business Central and Power BI. Credivera also integrates with third-party HR and Safety programs, meaning that an individual's digital credentials, that are available in a Credivera digital wallet, are always accessible, always on, and always true for multiple contexts and scenarios. Beyond the advantages for individuals, key organizational benefits of the solution include enhanced systems productivity, a scalable global reach, definitive trust in fraud-free, valid workforce credentials, and eliminating any possibility of liability and risk.
To learn more about how our digital identity verifications solutions can work for you, visit credivera.com/the-exchange/verifiable-credentials. To learn more about the Microsoft Partner Network, please visit partner.microsoft.com.
TerraHub Technologies Inc., known as Credivera commercially, is the world's first secure, open exchange for verifiable credentials. A leader in workforce management and digital identity, Credivera gives employees, employers, and organizations that issue credentials increased productivity and control of how important credentials are stored and shared. The Credivera Exchange optimizes personal privacy and trust with up-to-date verifiable credentials secured in a digital wallet, resulting in reduced risk for all. Founded in 2017, with offices in Toronto and Calgary, Credivera supports regulated industries and global technology firms in over 30 countries worldwide. Get more out of what you know at credivera.com.
Website: credivera.com
LinkedIn: Credivera
Twitter: @crediveratech
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SOURCE TerraHub Technologies Inc. | https://www.wibw.com/prnewswire/2022/07/26/credivera-joins-microsoft-partner-network-verifiable-credentials-provider/ | 2022-07-26T18:13:34Z |
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TORONTO, June 30, 2022 /PRNewswire/ - Humble & Fume Inc. (CSE: HMBL) (OTCQX: HUMBF) ("Humble" or the "Company"), a leading North American distributor for cannabis and cannabis accessories, is pleased to announce the detailed voting results for the 2021 Annual General Meeting of Shareholders (the "Meeting"), held on June 29, 2022, which includes the election of Mark Hubler to the Board of Directors.
The following five nominees were elected to the Board of Directors of the Company (the "Board") to serve until the next annual meeting of shareholders, or until their successors are elected or appointed. The results of the vote are as follows:
MNP LLP, Chartered Accountants, Licensed Public Accountants were reappointed auditors of the Company to hold office until the next annual meeting, and the Board is authorized to fix their remuneration. The results of the vote were as follows:
Mr. Hubler is the President and Chief Executive Officer of Johnson Brothers, one of the largest family-owned, and leading, wine, spirits, and beer distributors, providing world class service to customers across the United States. Mr. Hubler brings extensive experience in the distribution sector, with expertise in operations in both regulated and unregulated environments, as well as in sustainability and risk management. Previous to his current role, Mr. Hubler spent 17 years in various leadership roles at Diageo North America including most recently serving as President of North America US-Spirits. Mr. Hubler also spent significant time in Non-Alcohol CPG including both Coca-Cola Enterprises and Quaker Oats where his career track included commercial roles as well as Business Analytics and Marketing.
"We are very pleased to welcome Mr. Hubler as a new independent director," said Jakob Ripshtein, Chairman of Humble & Fume Inc.'s Board of Directors. "With over 35 years of experience and leadership in the beverage and beverage distribution industry, Mark possesses deep industry experience, and we look forward to gaining his valuable perspectives as a Board member."
The Company has filed a report of voting results on all resolutions voted on at the Meeting on www.sedar.com.
About Humble & Fume Inc.
Humble & Fume Inc. is a leading North American distributor of cannabis and cannabis accessories. Humble is committed to our brand and retail partners to help grow their businesses by providing data-driven insights, proven go-to-market expertise and best-in-class distribution for cannabis and cannabis accessories. As the only fully-integrated cannabis distribution solution, Humble bridges the gap for retailers, Canadian licensed producers, American multi-state operators, and cannabis customers increasing sales penetration to maximize financial performance. With over 20 years of North American operating experience, Humble has cultivated extensive vendor and customer relationships distributing premium cannabis consumables and consumption devices. The Company is comprised of Humble+Fume / B.O.B. Headquarters Inc., Windship Trading LLC, and Humble Cannabis Solutions.
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SOURCE Humble & Fume Inc. | https://www.wibw.com/prnewswire/2022/06/30/humble-amp-fume-inc-announces-voting-results-annual-general-meeting-shareholders-welcomes-new-independent-director-mark-hubler-board-directors/ | 2022-06-30T21:41:11Z |
Exclusive development and commercialization rights to VIR-3434 in China strengthen Company's leadership and robust clinical pipeline in HBV
Key partnership with Vir enables multitude of combination treatment options as part of Company's strategic approach to developing a functional cure for HBV
DURHAM, N.C. and BEIJING, July 3, 2022 /PRNewswire/ -- Brii Biosciences Limited ("Brii Bio" or the "Company", stock code: 2137.HK) a multi-national company developing innovative therapies for diseases with significant unmet medical needs and large public health burdens, today announced that it exercised its option to acquire exclusive development and commercialization rights for VIR-3434 in Greater China as part of its broader collaboration with Vir Biotechnology, Inc. ("Vir", Nasdaq: VIR). This move provides additional growth to the Company's leading clinical pipeline of therapeutic candidates for hepatitis B virus (HBV) and provides an expansive set of potential combination treatment options for Brii Bio to explore as part of its efforts to develop a functional cure for HBV.
VIR-3434, also known as BRII-877, is a broadly neutralizing monoclonal antibody targeting HBV that is currently in Phase 2 development. This is Brii Bio's second option exercise to a Vir infectious disease program with two remaining options still available to the Company.
"By exercising our option for VIR-3434 (BRII-877), Brii further solidifies our leading position in developing a functional cure for millions of HBV patients in China," said Li Yan, MD, Ph.D., Chief Medical Officer of Brii Bio. "Recently announced data by Vir showed that BRII-835 (VIR-2218) and BRII-877 (VIR-3434) are additive to each other resulting in a robust reduction of hepatitis B surface antigen (HBsAg), with no clinically significant safety signals for the combination. We are confident that this new asset further strengthens our HBV pipeline by providing more potent and assured reduction of HBsAg in all patients. BRII-877 (VIR-3434) will be integrated into our innovative drug combination strategies that may lead to a higher functional cure rate across all patient groups. Our continued strategic partnership with Vir and the ongoing expansion of our already robust HBV pipeline reinforces our commitment to patients living with HBV as we aim to explore a range of combination treatment options."
As part of Brii Bio's unique approach to developing a functional cure for HBV by leveraging potential combination treatments, the Company is currently progressing multiple studies with the BRII-179 (VBI-2601) and BRII-835 (VIR-2218) combination, as well as BRII-179 and/or BRII-835 in combination with other agents. Brii Bio's partner, Vir, is also evaluating VIR-2218 (BRII-835) in a Phase 2 study for HBV with selgantolimod (GS-9688), Gilead's investigational TLR-8 agonist, and nivolumab, an approved PD-1 inhibitor. Several combinations involving BRII-835 (VIR-2218), BRII-877 (VIR-3434) and BRII-179 (VBI-2601) are being investigated in Phase 2 studies.
In May 2018, the Company entered into a collaboration, option and license agreement with Vir, under which Brii Bio was granted the option to acquire exclusive rights to certain Vir programs in Greater China. In June 2020, Brii Bio exercised its option to acquire the exclusive rights to further develop and commercialize BRII-835 (VIR-2218) in Greater China.
Under the terms of the agreement, following the exercise of the option for VIR-3434 (BRII-877), Brii Bio will pay an option exercise fee, regulatory and commercial milestone payments, and tiered royalty payments based on net sales with royalty rates from mid-teens to mid-twenties, with such royalty rates or payments subject to certain specified reductions and offsets.
About BRII-877 (VIR-3434)
BRII-877 (VIR-3434) is an investigational subcutaneously administered HBV-neutralizing monoclonal antibody designed to block entry of all 10 genotypes of HBV into hepatocytes and also to reduce the level of virions and subviral particles in the blood. BRII-877 (VIR-3434), which incorporates Xencor's Xtend™ and other Fc technologies, has been engineered to potentially function as a T cell vaccine against HBV in infected patients, as well as to have an extended half-life.
About Brii Bio
Brii Biosciences Limited ("Brii Bio", stock code: 2137.HK) is a biotechnology company based in China and the United States committed to advancing therapies for significant infectious diseases, such as hepatitis B, COVID-19, human immunodeficiency virus (HIV) infection, multi-drug resistant (MDR) or extensive drug resistant (XDR) gram-negative infections, and other illnesses, such as the central nervous system (CNS) diseases, which have significant public health burdens in China and worldwide. For more information, visit www.briibio.com.
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SOURCE Brii Biosciences Limited | https://www.kxii.com/prnewswire/2022/07/03/brii-biosciences-exercises-option-vir-biotechnologys-vir-3434-broadly-neutralizing-monoclonal-antibody-targeting-hepatitis-b-greater-china/ | 2022-07-04T00:29:09Z |
PLANO, Texas, May 4, 2022 /PRNewswire/ -- ZIPS Car Wash (www.zipscarwash.com) is celebrating National Nurses Week and National Hospital Week with Lori's Gifts at 30 of their gift shops in healthcare facilities across the country. From free washes for nurses to discounts and giveaways for all healthcare heroes, ZIPS and Lori's Gifts are partnering for the first time to recognize the care and support healthcare workers provide.
"Healthcare workers have been the backbone of our communities, especially over the last two years, and this partnership is just a small way for us to honor and thank them for their dedicated service to others," said Mark Youngworth, Chief Marketing Officer, ZIPS Car Wash.
Starting May 1st, ZIPS and Lori's Gifts will kick off a sweepstakes for healthcare workers to enter to win free car washes for a year, ZIPS gift cards and Lori's gift cards to redeem in their local hospital gift shops. ZIPS will also offer discounts on their best car wash, the Get It All with Z5X Ceramics, during National Nurses Week, May 6-12 and National Hospital Week, May 8-14.
"We are excited to partner with Zips to celebrate our Healthcare Heroes during these national weeks of recognition," said Jeff Gloor, SVP of Operations, Lori's Gifts. "Our hope is that the refreshing feeling from a just washed car carries over into their daily life," he added.
ZIPS and Lori's will be in direct contact with healthcare workers at the 30 participating Lori's locations and the 65+ coordinating ZIPS Car Wash locations to offer these unique discounts and opportunities to enter to win car washes for a year. Both retailers are encouraging everyone to honor the healthcare hero in your life in someway this May. To learn more, visit zipscarwash.com.
About ZIPS Car Wash ZIPS Car Wash, headquartered in Plano, Texas, is the largest privately held car wash operator nationwide. ZIPS is among the fastest growing express car wash chains in the country, operating more than 225 locations across 22 states. With over 17 years of car washing experience, ZIPS has invested in industry leading technology, creative hiring and training methods, local partnerships, and a laser-focus on customer care as driving forces behind ZIPS growing business model. ZIPS Car Wash is about much more than getting cars clean. Our #1 purpose is to make people happy, from our community outreach efforts and fundraising programs to our focus on employees. ZIPS strives for a great, clean, and fun customer experience. To learn more visit: zipscarwash.com.
About Lori's Gifts Headquartered in Carrolton, TX, Lori's Gifts is committed to enhancing the hospital experience and is the nation's leading operator of gift shop solutions. As a trusted partner since 1981, Lori's specializes in providing custom-tailored store designs, product assortment and expanded service offerings to support the vision of the hospital we serve. Lori's mission, as "the heart of the hospital" is to provide an oasis of calm and serenity for paitents, visitors and employees to escape and refresh. To learn more, visit lorisgifts.com.
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SOURCE ZIPS Car Wash | https://www.mysuncoast.com/prnewswire/2022/05/04/zips-car-wash-partners-with-loris-gifts-honor-healthcare-heroes/ | 2022-05-04T12:59:33Z |
Human Risk Management leader also newly listed on the Cloud Security Alliance Security Trust Assurance and Risk Registry
AUSTIN, Texas, Aug. 24, 2022 /PRNewswire/ -- Living Security, the leader in Human Risk Management, today announced it has successfully completed a System and Organization Controls (SOC) 2 Type II audit, a voluntary compliance standard developed by the American Institute of CPAs (AICPA).
The SOC 2 Type II report describes an organization's systems and whether the design of specified controls meets the relevant trust services categories. It also assesses the effectiveness of those controls over a specified period of time. Living Security's SOC 2 Type II report did not have any noted exceptions and therefore was given a clean audit opinion.
Living Security is also newly added to the Cloud Security Alliance (CSA) Security Trust Assurance and Risk (STAR) registry, the world's largest and most consequential cloud provider security program. This assessment evaluates companies on key security principles including transparency, rigorous auditing, and harmonization of standards. Companies are required to indicate best practices and validate the security posture of their own cloud offerings. Publishing to the registry allows enterprises to show customers the regulations, standards and security networks that they adhere to.
"This is an important step in our mission to not only provide best-in-class service to our customers to keep them cyber secure, but to ensure them that we are also constantly improving our own security posture as well," said Drew Rose, CSO of Living Security.
This assessment comes on the heels of Living Security being named a leader in The Forrester Wave™: Security Awareness and Training Solutions, Q1 2022 , further cementing the company's position in the market. More than 1,500 providers are currently included in the CSA STAR registry, and it is fast becoming a mandate for enterprises.
"We are extremely proud of this milestone as a company," said Rose. "This is proof that we hold ourselves to the same high standard of security and compliance that we continuously provide to our customers."
For more information on the CSA STAR registry and Living Security's offerings, visit www.livingsecurity.com.
Living Security's mission is to transform human risk to drive dramatic improvement in human behaviors, organizational security culture, and infosec program effectiveness. With our Human Risk Management platform, Living Security engages each employee with innovative and relevant context and content, while simultaneously providing the ability for leadership to identify, report on and directly mitigate the risk brought on by human behavior. Living Security is trusted by security-minded organizations like MasterCard, Verizon, MassMutual, Biogen, AmerisourceBergen, Hewlett Packard, and Target. Learn more at www.livingsecurity.com .
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SOURCE Living Security | https://www.kxii.com/prnewswire/2022/08/24/living-security-prioritizes-client-data-security-privacy-receives-soc-type-ii-certification/ | 2022-08-24T14:09:17Z |
The Company that for 46 Years has been at the Forefront of the Modern Fitness Industry Announces Strength-Only Model that Maximizes Results for Members and Franchisees
LOS ANGELES, July 27, 2022 /PRNewswire/ -- With over 230 franchise locations on six continents, World Gym International, the iconic, globally recognized fitness franchise brand, with its roots tracing back to the early days of Muscle Beach, has announced the introduction of an innovative, new strength-only gym: "World Gym Legacy." The format is designed to meet the growing needs of today's consumer, while also providing new and existing franchisees with an attractive, smaller sized footprint and strong unit economics.
"The world is changing, and so are the needs and demands of our consumers," says Jarrod Saracco, COO of World Gym International. "Many have shifted to some sort of hybrid workout routine and invested in home fitness products, or have taken up running, pickleball and other outdoor activities, leading to a shift in what they are looking for in a gym membership. This new strength-focused gym model is a game changer with a lasting competitive advantage."
World Gym Legacy is the first of two new gym models being released by World Gym in the coming weeks, and it fills a void in the evolving fitness landscape. The model is optimized as a smaller footprint and designed to fit into markets where larger real estate and/or population demographics wouldn't support a more traditional World Gym. "This new model also allows for greater operational efficiency and drives profitability faster, allowing new franchisees to enter the fitness industry at a lower level of financial commitment, and giving existing franchisees an additional opportunity to expand into different markets," Saracco added.
Staying faithful to the iconic glory days of Muscle Beach which is part of World Gym's heritage, the new World Gym Legacy gym model provides a serious training floor with plenty of free weights, racks and platforms, plate loaded machines, cables and selectorized machines for those focused on training hard and getting results. Other features include:
- Ranging from 7,500 sq. ft. – 10,000 sq. ft., the sleek new design and footprint eliminate wasted space and resources, thus maximizing the training floor experience and reducing the overall operational costs and initial investment for franchise owners.
- With just a few pieces of self-powered cardio for warming up and cooling down, the strength training floor and large turf area have everything needed for members to crush their goals and perform at optimal levels.
- Individual changing and shower rooms instead of full-size locker rooms, a few private recovery rooms, and a modified Barbell Café.
- A "selfie room" providing a safe space with the right lighting and backdrops for posting across social media channels – without the risk of capturing others in the photos.
World Gym is pursuing an aggressive expansion plan in North America and abroad, with several new gyms currently in development. Ideal franchise candidates are business professionals and gym enthusiasts who are passionate about health and fitness, creating jobs and helping their communities live better lives. The total investment for a World Gym Legacy ranges from $461,000 to $1,250,000, depending on gym model, location and square footage.
The iconic World Gym brand was founded in 1976 by Joe Gold during the glory days of "Muscle Beach" in Santa Monica, CA when serious fitness collided with the world of Hollywood celebrities. Since then, World Gym has evolved into an internationally recognized brand that has captured the imagination of fitness enthusiasts around the globe. With its headquarters located in Southern California, World Gym currently has over 230 locations on six continents. To learn more about World Gym and franchise opportunities with this storied brand, please visit worldgymfranchising.com.
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SOURCE World Gym | https://www.wibw.com/prnewswire/2022/07/27/world-gym-introduces-innovative-new-gym-model-with-game-changing-next-generation-features/ | 2022-07-27T15:41:45Z |
HANOVER, Germany, May 16, 2022 /PRNewswire/ -- VMEbus refers to a multi-master bus system for industrial controls in 19" racks. With our many years of experience with VMEbus systems, we continuously ensure that our CPU and IO boards are adapted, therefor kept at state of the art, and the operations of long-serving installations of our customers can be guaranteed at reasonable costs. While other manufacturers are discontinuing their production of VME products, we have launched new future-proof CPU and IO boards. One requirement was that the new boards should also be compatible with the discontinued products of other market players. This allows many systems developed over a long period of time to continue to be operated in the future.
Due to its exceptionally high flexibility, the VMEbus is predestined for the operation of computer systems under real-time conditions and in harsh industrial environments such as railway engineering and maritime environments and military applications.
The VMEbus is primarily used in applications with increased safety and reliability requirements, such as the Transrapid, the International Space Station, or the European navigation system Galileo. A strong driver for the VMEbus as a reliable and long-term system is the European Organization for Nuclear Research, better known as CERN. It continues to rely on VMEbus-based systems to control its facilities.
We develop and manufacture VMEbus boards according to customer specifications for individual applications. Our customers benefit from our many years of experience with VMEbus systems. For discontinued boards, also from other manufacturers, we offer replicas so that systems designed for the long term can continue to be operated reliably.
ESD's portfolio includes VME boards such as the VME-CPU/T10 with reliable PowerPC architecture. Mezzanine cards have been developed to extend the VMEbus via carriers. Particularly worth mentioning are the XMC-CPU/Zulu with FPGA-SoC or the PMC-CAN/402 as a high-performance CAN interface.
As part of the compatible follow-up development, we have generated the new VME-DIO32 as an easy-to-use IO card with 32 digital inputs and 32 outputs for industrial use in two versions to ensure long-term availability and bring our old VME-DPIO32 up to date with the latest technology.
ESD electronics is a member of the VMEbus International Trading Association VITA™.
Visit our website at: https://esd.eu/us/vme
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SOURCE ESD Electronics | https://www.mysuncoast.com/prnewswire/2022/05/16/esd-electronics-ensures-vmebus-technology-remains-state-art-with-long-term-availability/ | 2022-05-16T17:14:39Z |
Man charged in shooting mother while pushing baby in stroller, authorities say
SUMTER, S.C. (WIS/Gray News) - A man is in custody after police say a mother was shot while walking her baby in a stroller.
The Sumter County Sheriff’s Office said Steven Galloway has been charged with attempted murder, possession of a weapon during a violent crime and felon in possession of a firearm.
Officers said they responded to a shooting on Tuesday, where they found a woman who had been shot multiple times while pushing her infant in a stroller, WIS reported.
The sheriff’s office reported witnesses provided information to the investigators, and the victim was also able to provide details. Investigators identified Galloway as the suspect.
Authorities said they determined Galloway was at his home, and the sheriff’s office attempted to call him out. After obtaining a search warrant, investigators entered his house and said he was found hiding inside. Investigators say they also found the weapon suspected of being used in the shooting.
The sheriff’s office reported that Galloway and the victim did not know each other and believed the shooting was a road rage incident. Investigators said Galloway had become angry that the victim was too far in the roadway and started arguing with her.
Authorities said Galloway left the argument before coming back, striking the victim, and then getting his gun from his car and shooting at the woman and child.
According to police, they are still currently seeking the vehicle used in the incident.
Galloway was taken into custody and placed in the Sumter County Sheriff’s Office Detention Center, awaiting a bond hearing.
Copyright 2022 WIS via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/20/man-charged-shooting-mother-while-pushing-baby-stroller-authorities-say/ | 2022-07-20T19:50:51Z |
Travis Barker and Kourtney Kardashian, seen here attending The 2022 Met Gala at The Metropolitan Museum of Art on May 2 in New York City, have announced they are married.
Kourtney Kardashian and Travis Barker are married, for real this time.
The two shared the happy news on their respective Instagram accounts Monday afternoon.
Their posts included a series of black-and-white photos from what appeared to be an intimate occasion and captions that simply read, "Till death do us part."
The reality star and Poosh founder's sisters were among those who commented on the news of their nuptials. Kim Kardashian wrote, "KRAVIS FOREVER."
The marriage comes one month after the couple shared a series of snapshots taken at a Las Vegas wedding chapel, following the Grammy Awards. Kardashian said in the caption on Instagram at the time that they were not legally married because they did not obtain a marriage license.
Kardashian and the Blink-182 drummer announced their engagement in October.
They began dating at the beginning of 2021 after being friends for several years. This is the first marriage for Kardashian, who has three children with her ex-boyfriend Scott Disick. This is Barker's third marriage.
Their romantic engagement was featured on a recent episode of Kardashian's Hulu reality show.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/kourtney-kardashian-and-travis-barker-are-married/article_aa59c26a-2c25-51f9-9c3c-a7f523300359.html | 2022-05-17T00:44:01Z |
NASDAQ | TSX: ACB
Over-Allotment Option Exercised in Full
Strengthened Balance Sheet Eliminates Need to Access the ATM Facility in the Near Future
EDMONTON, AB, June 1, 2022 /PRNewswire/ - Aurora Cannabis Inc. ("Aurora" or the "Company") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, has announced today the closing of its previously announced bought deal offering of units of the Company (the "Units") for gross proceeds of approximately US$172.5 million (the "Offering"). The Company sold approximately 70.4 million Units at a price of US$2.45 per Unit, including approximately 9.2 million Units sold pursuant to the exercise in full of the underwriters' over-allotment option.
Each Unit is comprised of one common share of the Company (a "Common Share") and one common share purchase warrant of the Company (a "Warrant"). Each Warrant is exercisable to acquire one common share of the Company (a "Warrant Share") for a period of 36 months following the closing date of the Offering at an exercise price of US$3.20 per Warrant Share, subject to adjustment in certain events.
Canaccord Genuity and BMO Capital Markets acted as the bookrunners for the Offering.
The net proceeds of the Offering will be used for general corporate purposes. As a result of the capital raised from this Offering, the Company now anticipates no further use of the previously announced at-the-market (ATM) facility in the near term, of which approximately US$186 million remains outstanding.
In connection with the Offering, the Company filed a prospectus supplement (the "Prospectus Supplement") to the Company's short form base shelf prospectus dated March 29, 2021 (the "Base Shelf Prospectus") with the securities commissions or securities regulatory authorities in each of the provinces of Canada, except Quebec, and with the U.S. Securities and Exchange Commission (the "SEC") as part of the Company's registration statement on Form F-10 (the "Registration Statement") under the U.S./Canada Multijurisdictional Disclosure System on May 27, 2022. The Prospectus Supplement, the Base Shelf Prospectus and the Registration Statement contain important detailed information about the Company and the Offering.
Copies of the Prospectus Supplement and the Base Shelf Prospectus are available on SEDAR at www.sedar.com and copies of the Prospectus Supplement and the Registration Statement are available on EDGAR at www.sec.gov. Copies of the Prospectus Supplement, the Base Shelf Prospectus and the Registration Statement may also be obtained from the Company or, in Canada from Canaccord Genuity Corp., 161 Bay Street, Suite 3000, Toronto, ON M5J 2S1 and in the United States from Canaccord Genuity LLC, 99 High Street, Suite 1200, Boston, Massachusetts 02110, Attn: Syndicate Department, by telephone at (617) 371-3900, or by email at prospectus@canaccordgenuity.com.
No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release is for information purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Aurora
Aurora is a global leader in the cannabis industry, serving both the medical and consumer markets. Headquartered in Edmonton, Alberta, Aurora is a pioneer in global cannabis, dedicated to helping people improve their lives. The Company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily Special, Whistler, Being and Greybeard, as well as CBD brands, Reliva and KG7. Medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co. Driven by science and innovation, and with a focus on high-quality cannabis products, Aurora's brands continue to break through as industry leaders in the medical, performance, wellness and adult recreational markets wherever they are launched.
Aurora's common shares trade on the NASDAQ and TSX under the symbol "ACB" and is a constituent of the S&P/TSX Composite Index.
Forward Looking Statements
This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"). Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements made in this news release include, but are not limited to, statements regarding the expected use of proceeds of the Offering and the Company's plans with respect to its existing ATM facility.
These forward-looking statements are only predictions. Forward looking information or statements contained in this news release have been developed based on assumptions management considers to be reasonable. Material factors or assumptions involved in developing forward-looking statements include, without limitation, publicly available information from governmental sources as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which the Company believes to be reasonable. Forward-looking statements are subject to a variety of risks, uncertainties and other factors that management believes to be relevant and reasonable in the circumstances could cause actual events, results, level of activity, performance, prospects, opportunities or achievements to differ materially from those projected in the forward-looking statements. These risks include, but are not limited to, the ability to retain key personnel, the ability to continue investing in infrastructure to support growth, the ability to obtain financing on acceptable terms, the continued quality of our products, customer experience and retention, the development of third party government and non-government consumer sales channels, management's estimates of consumer demand in Canada and in jurisdictions where the Company exports, expectations of future results and expenses, the risk of successful integration of acquired business and operations, management's estimation that SG&A will grow only in proportion of revenue growth, the ability to expand and maintain distribution capabilities, the impact of competition, the general impact of financial market conditions, the yield from cannabis growing operations, product demand, changes in prices of required commodities, competition, and the possibility for changes in laws, rules, and regulations in the industry, epidemics, pandemics or other public health crises, including the current outbreak of COVID-19, and other risks, uncertainties and factors set out under the heading "Risk Factors" in the Company's annual information form dated September 27, 2021 (the "AIF") and filed with Canadian securities regulators available on the Company's issuer profile on SEDAR at www.sedar.com and filed with and available on the SEC's website at www.sec.gov. The Company cautions that the list of risks, uncertainties and other factors described in the AIF is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such information. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.
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SOURCE Aurora Cannabis Inc. | https://www.wibw.com/prnewswire/2022/06/01/aurora-cannabis-inc-closes-previously-announced-bought-deal-financing/ | 2022-06-01T12:45:36Z |
‘Late Night in the Phog’ date announced
The 2022 national champions have set a date to begin their title defense.
Published: Aug. 12, 2022 at 4:41 PM CDT|Updated: 2 hours ago
LAWRENCE, Kan. (KCTV) - The 125th season of Kansas basketball will get underway in public fashion Oct. 14 with the program’s 38th annual “Late Night in the Phog” celebration at Allen Fieldhouse.
The University announced Thursday evening the date of the event which typically features player introductions, skits and scrimmages for both the men’s and women’s basketball teams as well as a musical act. Head coach Bill Self and the Jayhawk program will be celebrating their 2022 national championship title as well.
READ MORE: Jayhawks’ Lance Leipold settled in, optimistic about year 2
Details on who will perform are still yet to be announced. Prior to last season, RUN-DMC performed and in 2019 Snoop Dogg made a visit to Lawrence.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/08/12/late-night-phog-date-announced/ | 2022-08-12T23:30:01Z |
ATLANTA -- The Georgia Secretary of State’s Office has announced routine voter list maintenance to help ensure more accurate voter rolls for the upcoming November election.
Voter list maintenance is required by both federal and Georgia law, and it helps to ensure that only eligible voters are voting. Voter list maintenance also helps make sure that Georgia voters’ registration information is accurate and up-to-date so that they can make sure to go to their correct polling place on Election Day. More accurate voter rolls will help ensure a smoother experience for Georgia voters.
Voters who have moved or filed a National Change of Address notice with USPS will receive confirmation notices in the mail shortly. To confirm the move, simply respond using the pre-paid addressed card. Voters also can utilize the notices to correct or update their information.
“Just like our citizenship check and our photo-ID requirement, voter list maintenance is one of the tools that makes Georgia No. 1 for election integrity,” Secretary of State Brad Raffensperger said in a news release. “Our office is committed to having the most up-to-date voter records in the country. This cuts down on lines and helps ensure voters arrive at the correct precinct.”
Through Georgia’s partnership with the Electronic Registration Information Center, 63,757 individuals have been identified that may have registered to vote or registered for a driver’s license in another state. These voters will be mailed confirmation notices at their new addresses. If the voter confirms the move, they will be removed from the voter rolls. Voters who do not respond to the notice will be placed into inactive status.
Additionally, 154,588 voters have been identified who have filed a National Change of Address notice with USPS. Of these NCOA, 45,686 voters moved to a different county within Georgia, 32,820 voters moved out of state and 76,092 voters have been identified as moving within their county. Per Georgia law, intra-county moves will automatically have their records updated by their county elections office. Per state law, confirmation notices have been mailed to the mailing address on voter records.
Affected voters should utilize the pre-paid, addressed confirmation notices to either confirm their move or update their information with the county elections office as soon as possible. As always, all voters can check their registration information at the Secretary of State’s My Voter Page and update their addresses or other information on the Online Voter Registration page.
"Georgia makes use of all available tools -- online voter registration, interstate data matching through ERIC, and the integration of motor vehicle licensing data -- resulting in some of the most accurate voter lists in the nation," David Becker, executive director of the Center for Election Innovation and Research, said. "Accurate voter lists mean fewer problems at the polls, lower wait times and maximum election integrity." | https://www.albanyherald.com/news/more-than-200-000-georgians-on-voter-maintenance-list/article_4913e4ba-fe08-11ec-8d64-7b05267f2bcd.html | 2022-07-07T16:01:02Z |
OAK BROOK, Ill., June 7, 2022 /PRNewswire/ -- TreeHouse Foods, Inc. ("TreeHouse Foods" or the "Company") (NYSE: THS) today announced that William J. Kelley Jr. will step down as Executive Vice President and Chief Financial Officer to pursue another professional opportunity. Mr. Kelley will remain with TreeHouse through June 30, 2022 to ensure a smooth transition and will be succeeded on an interim basis by Patrick O'Donnell, Chief Accounting Officer of TreeHouse Foods. The Company has engaged an executive search firm to review candidates for a permanent chief financial officer, including both internal and external candidates.
"The transformation work and the capabilities we have built across our organization over the last several years have positioned us well to capitalize on the growing demand for private label, and I am confident that Pat will provide seamless continuity as we continue our transformation and search for a permanent CFO," said Steve Oakland, President and Chief Executive Officer. "We remain committed to serving our customers and driving growth and value for our shareholders."
Mr. Oakland added, "Bill has been an instrumental leader and I want to thank him for his partnership and many contributions to TreeHouse and wish him well in his future endeavors."
Mr. Kelley commented, "I am proud of all that we accomplished over the last six years. Our focus on commercial and operational excellence, portfolio optimization and people and talent has enabled us to create a fundamentally stronger business. I'm confident that TreeHouse is in an excellent strategic and financial position and has tremendous opportunity ahead."
Mr. O'Donnell has been with TreeHouse for the last five years and was recently promoted to Chief Accounting Officer. He previously served as Corporate Controller, and he also led Corporate Financial Planning & Analysis and served as Assistant Controller. Prior to joining the Company, Mr. O'Donnell held roles with increasing responsibility for more than 14 years at PricewaterhouseCoopers. He is a graduate of Marquette University.
In addition, TreeHouse reaffirmed its previously issued full year 2022 guidance1:
- Net sales growth of at least 11% year-over-year. Pricing actions are expected to drive the majority of the sales growth and are anticipated to be tempered by volume constraints related to labor and supply chain disruption.
- Adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA") of $385 to $415 million, up approximately 5% year-over-year at the midpoint. The cadence of earnings is expected to be weighted toward the second half of the year, as we expect the impact of labor and supply chain disruption on our profitability and volume to be most prominent in the first half.
TreeHouse Foods, Inc. is a leading manufacturer and distributor of private label foods and beverages in North America. We operate in 29 product categories across two divisions and have approximately 40 production facilities across North America and Italy. Across our diverse portfolio, we offer better-for-you, natural and organic products and hold a private label leadership position across many of our categories. Our purpose is to make high quality food and beverages affordable to all. Our vision is to be the undisputed solutions leader for our custom brands. Our mission is to create value as our customers' preferred manufacturing and distribution partner, providing thought leadership, superior innovation, and a relentless focus on execution. Our long-term strategic objective is to build a company that is well positioned to deliver long-term sustainable growth and create value for our shareholders, as enabled by our two-segment structure.
Additional information, including TreeHouse's most recent statements on Forms 10-Q and 10-K, may be found at TreeHouse's website, http://www.treehousefoods.com.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements and other information are based on our beliefs, as well as assumptions made by us, using information currently available. The words "believe," "estimate," "project," "expect," "anticipate," "plan," "intend," "foresee," "should," "would," "could," and similar expressions, as they relate to us, are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or intended. We do not intend to update these forward-looking statements following the date of this press release.
Such forward-looking statements, because they relate to future events, are by their very nature subject to many important factors that could cause actual results to differ materially from those contemplated by the forward-looking statements contained in this press release and other public statements we make. Such factors include, but are not limited to: risks related to the impact of the ongoing COVID-19 outbreak on our business, suppliers, consumers, customers, and employees; the success of our growth, reinvestment, and restructuring programs; our level of indebtedness and related obligations; disruptions in the financial markets; interest rates; changes in foreign currency exchange rates; customer concentration and consolidation; raw material and commodity costs; competition; loss of key suppliers; disruptions or inefficiencies in our supply chain and/or operations, including from the ongoing COVID-19 outbreak; our ability to continue to make acquisitions and execute on divestitures in accordance with our business strategy or effectively manage the growth from acquisitions; impairment of goodwill or long lived assets; changes and developments affecting our industry, including consumer preferences; the outcome of litigation and regulatory proceedings to which we may be a party; product recalls; changes in laws and regulations applicable to us; shareholder activism; disruptions in or failures of our information technology systems; disruptions resulting from the announcement of the exploration of strategic alternatives; changes in weather conditions, climate changes, and natural disasters; labor strikes or work stoppages; multiemployer pension plans; labor shortages and increased competition for labor; and other risks that are set forth in the Risk Factors section, the Legal Proceedings section, the Management's Discussion and Analysis of Financial Condition and Results of Operations section, and other sections of our Annual Report on Form 10-K for the year ended December 31, 2021, and from time to time in our filings with the Securities and Exchange Commission ("SEC"). You are cautioned not to unduly rely on such forward-looking statements, which speak only as of the date made when evaluating the information presented in this press release. TreeHouse expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein, to reflect any change in its expectations with regard thereto, or any other change in events, conditions or circumstances on which any statement is based.
1 The Company is not able to reconcile prospective adjusted EBITDA or adjusted EBITDA margin (Non-GAAP) to the most comparable GAAP financial measures without unreasonable effort due to the inherent uncertainty and difficulty of predicting the occurrence, financial impact, and timing of certain items impacting GAAP results. These items include, but are not limited to, mark-to-market adjustments of derivative contracts, foreign currency exchange on the re-measurement of intercompany notes, or other non-recurring events or transactions that may significantly affect reported GAAP results.
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SOURCE TreeHouse Foods, Inc. | https://www.wibw.com/prnewswire/2022/06/07/treehouse-foods-announces-cfo-transition-reaffirms-full-year-2022-guidance/ | 2022-06-07T11:07:47Z |
CHICAGO, July 28, 2022 /PRNewswire/ -- Modern learning can be transformed through the value of microlearning. Brevity is the key feature with microlearning, allowing learners to engage and retain information in a more positive way. Research has shown most learners prefer education when content is delivered in short bursts, with repetition to aid retention. Microlearning has also proven to increase focus and encourage long-term retention by 80%.
58% of learners say they would spend more time learning if the content were presented in shorter, bite sized chunks.
Microlearning presentation at ACCSES conference in Washington, D.C., July 19, 2022
65% of learners are overwhelmed by the amount of information presented in a traditional training course.
Additionally, with close to 80% of learners with IDD being underserved, microlearning can fill those gaps when support staff, family, and instructors are unavailable. Given individuals desire and demand to lead more independent lives, microlearning can simply be that "coach in your pocket" when support is needed.
Amy Fox, Co-Founder and CEO of LearningQ, spoke on the topic of Microlearning at the ACCSES conference in Washington, D.C., July 19, 2022, specific to the audience for Intellectually and Developmentally Disabled (IDD) learners.
Fox adds, "It's time for all of us delivering education to stretch more creatively in our thinking. We have so much expertise to translate in a variety of new ways, and so many individuals desiring to learn more."
Microlearning has historically and successfully been used in the corporate setting for upskilling and onboarding employees.
Fox believes it has other unique options for new audiences. "If we reflect on what Covid has unveiled for many individuals, it is a better understanding of the need to deliver learning in new and creative ways. Microlearning addresses that pain point with its brevity and anytime, anyplace ability."
About LearningQ:
LearningQ is based in Chicago, IL and launched in January of 2022. They help people build and retain life skills by making training more engaging, accessible, and relevant. LearningQ is an online learning platform for a variety of audiences within workforce readiness, health and wellness, and independent living.
Contact: Charlie Egan, me@learningq.org, 847-264-4654
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SOURCE LearningQ | https://www.kxii.com/prnewswire/2022/07/28/understanding-power-microlearning-its-appeal-learners/ | 2022-07-28T11:34:38Z |
Substitute teacher accused of offering to pay students to bully a classmate
CADDO PARISH, La. (KSLA/Gray News) - A substitute teacher in Louisiana is accused of encouraging students to commit battery and bully a classmate, KSLA reports.
Aadrina Salean Smith, 24, was arrested in September on five counts of contributing to the delinquency of juveniles and one count of malfeasance in office. Her bonds total $10,000.
The incident happened during a physical education class in August at North Caddo Elementary Middle School, according to a report received by the Caddo Youth Services Division.
Detective Dennis Williams says Smith offered to pay five students $5 each to tackle their classmate.
Video of the incident shows Smith verbally communicating with five students and appearing to congratulate three who participated in the battery.
Smith sat on the bleachers while the victim laid on the gym floor and later got up. Smith never helped the victim and did not report the incident.
Authorities say the investigation is ongoing and more arrests are pending.
Smith was terminated by the Caddo Parish School District.
Copyright 2022 KSLA via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/13/substitute-teacher-accused-offering-pay-students-bully-classmate/ | 2022-09-13T16:49:44Z |
The two companies will work together to bring artists, athletes, and talent to the Solana ecosystem
SAN FRANCISCO, June 17, 2022 /PRNewswire/ -- Magic Eden, a leading community-centric NFT-based web3 ecosystem, today announced that it has entered into a partnership with Kreation.io, a recognized London based Solana NFT agency. Through this partnership, Magic Eden will work with Kreation to build project-specific communities that extend beyond the initial NFT drop and allow fans to actively support their favorite artist/persona in the long term.
Jack Lu, CEO and Co-Founder of Magic Eden, commented on the news, "At Magic Eden, we are constantly looking to advance the NFT space, and partnering with companies like Kreation.io allow us to do just that. By working with Kreation.io, we are creating a medium for fans to interact and support artists, athletes, influencers, etc. We strive to create a platform that actively empowers creators and gives them a medium to directly interact with their supporters. We are excited to partner with Kreation.io and are looking forward to helping bring more actors, artists, influencers and more to the Solana NFT ecosystem."
Magic Eden operates the leading Solana-based NFT marketplace, which provides content creators with an intuitive and easy-to-use interface for creating, uploading and distributing collections of any size. The marketplace has become the go-to destination for users looking to create, discover, and collect unique NFTs. The marketplace receives an average of 22 million unique sessions per month and sees over 40,000 NFTs traded daily. The Company's secondary market covers over 7,000 listed collections and sees over 92% of all NFT volume on Solana. By partnering with Magic Eden, Kreation.io will be able to leverage the Magic Eden marketplace to offer unique NFT collections in a safe, secure and transparent manner. These NFTs allow owners to actively participate in each individual community and interact with the creators, while also giving artists, athletes, influencers and more full control over their IP.
Jake Elias, Co-Founder and Creative Director of Kreation.io expressed his excitement about the agency's strategic long-term partnership with Magic Eden. "In these current market conditions, leaders in the industry and in the Solana space need to rally together for their end users to continue to provide more transparent, ever evolving and innovative products. The best way to do this is through strong and meaningful partnerships like this one."
Kreation.io successfully launched multiple NFT collections in collaboration with stars like Juventus and Italy National Team start Frederico Chiesa as well as artist Leo Caillard, and they are poised to issue additional NFT projects beginning with one titled, "Ten Thousand Tyga", which is inspired by the historic Pharaonic tombs and deities of ancient Egypt cast into the distant technological future.
The minting for the Ten Thousand Tyga collection will occur on Magic Eden June 18 and for more information the collection visit: https://magiceden.io/launchpad/tyga-t10t?preview
Kreation.io are also auctioning a unique 1/1 piece alongside the T10T collection that will be live tonight, June 17 exclusively on Magic Eden - https://magiceden.io/auction/t10t_one_of_one
About Magic Eden
Magic Eden is a leading community-centric NFT marketplace driving the next billion users to Web3. Led by former crypto, tech, and hospitality leaders, Magic Eden is building a user-friendly platform powered by market-leading minting and trading solutions. Magic Eden brings dynamic cultural moments onto the blockchain, empowering users across thousands of digital communities to create, discover and collect unique NFTs. Magic Eden is backed by the industry's leading investors including Coinbase Ventures and Paradigm, Greylock, and Sequoia Capital.
For more information, please visit www.magiceden.io
About Kreation.io
Kreation.io has a proven track record as a leading NFT agency in the Solana space, working across a variety of industries and in partnership with established entertainment and sports stars. Through its projects, Kreation.io is building communities that extend beyond the successful sell out of the collection and is creating a lasting secondary market that benefits the artist/persona long term. By providing a low-entry price for owning a piece of art from a popular athlete or entertainer, community Kreation.io has proven to captivate and funnel users new to Web3 as well crypto-natives towards its project time and time again.
The versatility of its NFT collections portfolio showcases the wide range of skills and competencies that the Kreation.io team possesses and the benefits that can be added to any project. Creating utility, building communities, captivating audiences and telling a story are no small feat and Kreation.io excels at combining all these elements into a lasting project.
To learn more about Kreation.io, visit: https://www.kreation.io/
Media Contact for Magic Eden
Peter Padovano
M Group Strategic Communications (on behalf of Magic Eden)
646-859-5953
press@magiceden.io
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SOURCE Magic Eden | https://www.mysuncoast.com/prnewswire/2022/06/17/magic-eden-announces-strategic-partnership-with-kreationio/ | 2022-06-17T19:09:47Z |
Committed to advancing dermatology for every skin story, Galderma continues steadfast support of Camp Wonder, an annual sleepaway camp for children with life-threatening skin diseases
FORT WORTH, Texas, June 30, 2022 /PRNewswire/ -- Galderma is entering its tenth year of partnership with Camp Wonder. Founded by the Children's Skin Disease Foundation (CSDF), Camp Wonder is a medically-staffed summer camp program for children ages 7 to 16 with serious skin diseases. Since beginning the partnership in 2012, Galderma and the CSDF have strived to elevate awareness of these critical skin conditions impacting countless children. To date, Galderma has donated more than $1.7 million and approximately 50,000 Cetaphil products to the Camp Wonder infirmary, along with supporting on the ground annually via company volunteers.
"Our 10-year commitment to Camp Wonder is an integral part of who we are at Galderma, illustrating our mission of advancing dermatology for every skin story," said Lisa Morris, General Manager of the U.S. Business Unit, Galderma. "These kids are so inspiring, and I'm honored to have the opportunity to witness this incredible program first-hand when I visit this summer. We're proud to support CSDF and look forward to doing so for many years to come."
Camp Wonder was founded in 2011 by Francesca Tenconi, who herself was diagnosed with pemphigus foliaceus at age 11. Motivated by her personal experience with skin disease, she sought to create a safe space for children dealing with severe skin conditions, giving these kids an opportunity to attend summer camp when they may not have been able to otherwise given the medical needs associated with their diagnoses.
"Galderma plays a crucial role in the success of Camp Wonder and our ability to offer as many children as possible this experience. They're such a unique partner in that they truly embody our organization's mission, and we've worked hand-in-hand to raise awareness of skin diseases that so often go undiscussed," said Francesca Tenconi, founder of the Children's Skin Disease Foundation. "So many families affected by skin disease face heavy financial burdens so fundraising dollars truly make all the difference. Camp, including travel, is free for each and every child who attends, thanks in large part to donations from companies like Galderma."
Since its inception, more than 2,000 children have benefited from the Camp Wonder experience. This year, Camp will take place July 2 to July 8, 2022 at a new campsite near Atlanta, Georgia, where campers will have the opportunity to participate in traditional summer camp activities including horseback riding, arts and crafts, and even going to "prom."
"Diseases like vitiligo, pemphigoid, Epidermolysis Bullosa, ichthyosis, ectodermal dysplasia, and Gorlin Syndrome may not be well known, but they can severely impact a child's everyday life. Camp Wonder allows these kids to forget about being 'patients' and simply be kids, giving them a week where they can escape the physical and mental challenges that come with skin disease and truly be themselves," said Dr. Lindsey Zubritsky, board-certified dermatologist and Cetaphil partner. "Cetaphil is a brand I've relied on for years, especially for my patients with the utmost sensitive skin, so I couldn't be prouder to work with Galderma to drive further awareness and education around these efforts."
In addition to monetary and product donations, Galderma assists annually on the ground via a group of employee volunteers who spend the week supporting these amazing kids at Camp. Further, Galderma sponsors the annual Wonder Run, a 5K race that will take place near the company's new headquarters in Dallas this October, where 100% of registration fees and donations go directly toward the CSDF and Camp Wonder. For more information and to learn how to support Camp Wonder, follow along on Cetaphil's Instagram @CetaphilUS or visit www.csdf.org/camp-wonder.
Galderma is the pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that spans the full spectrum of the fast-growing dermatology market though Injectable Aesthetics, Dermo-cosmetics and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body's largest organ – the skin – meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin we're in shapes our lives, we are advancing dermatology for every skin story. For more information: www.galderma.com/us.
Camp Wonder was co-founded by Francesca Tenconi and Drs. Stefani Takahashi (USC Dermatology) and Jenny Kim (UCLA Dermatology) in 2001. At age 11, Francesca was diagnosed with pemphigus foliaceus, a rare skin disease. Throughout her treatment she met other kids who suffered from skin problems and wanted to find ways to help them. In May 2000 on her 16th birthday, Francesca asked friends and family to donate money to help her start a charity in lieu of giving her gifts. Four days later, the Children's Skin Disease Foundation (CSDF) was formed. CSDF joined forces with Drs. Kim and Takahashi to establish Camp Wonder—a summer program where children with serious and fatal skin diseases can just be kids. Additionally, CSDF provides family assistance, through Wonder Wish. For more information: www.csdf.org or follow on Instagram @csdfcampwonder.
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SOURCE Galderma Laboratories | https://www.wibw.com/prnewswire/2022/06/30/galderma-childrens-skin-disease-foundation-celebrate-decade-long-partnership/ | 2022-06-30T10:59:08Z |
LONDON, Aug. 8, 2022 /PRNewswire/ -- NatWest Group plc ("NatWest Group") and NatWest Markets N.V. ("NWM N.V.") (each an "Offeror" and, together, the "Offerors") are each today announcing, in respect of their previously announced separate tender offers to purchase for cash (with respect to the tender offers launched by NatWest Group, the "NatWest Group Offer", and with respect to the tender offers launched by NWM N.V., the "NWM N.V. Offer", and collectively, the "Offers") any and all of certain series of their respective U.S. dollar denominated notes set out in the table below (collectively, the "Notes", and each a "Series"), the relevant Reference Yield and the relevant Purchase Price for each series of Notes validly tendered and accepted for purchase in respect of such Offers.
The NatWest Group Offer is being made on the terms and subject to the conditions set out in NatWest Group's offer to purchase dated August 1, 2022 and the related Notice of Guaranteed Delivery (the "NatWest Group Offer to Purchase"), and the NWM N.V. Offer is being made on the terms and subject to the conditions set out in NWM N.V.'s offer to purchase dated August 1, 2022 and the related Notice of Guaranteed Delivery (the "NWM N.V. Offer to Purchase" and, together with the NatWest Group Offer to Purchase, the "Offers to Purchase"). Capitalized terms with respect to the NatWest Group Offer not otherwise defined in this announcement have the same meaning as in the NatWest Group Offer to Purchase and capitalized terms with respect to the NWM N.V. Offer not otherwise defined in this announcement have the same meaning as in the NWM N.V. Offer to Purchase.
Pricing for the NatWest Group Offer:
The Reference Yield in respect of each Series of Notes listed below was determined at 2:00 p.m., New York City time, today. The Purchase Price for each Series of Notes listed below is based on the relevant Reference Yield plus the relevant Fixed Spread as set forth in the table below:
(1) Currently NatWest Group plc.
Pricing for the NWM N.V. Offer:
The Reference Yield in respect of each Series of Notes listed below was determined at 2:00 p.m., New York City time, today. The Purchase Price for each Series of Notes listed below is based on the relevant Reference Yield plus the relevant Fixed Spread as set forth in the table below:
(1) NatWest Markets N.V. (formerly known as ABN AMRO Bank N.V., of which ABN AMRO Bank N.V., New York Branch, was a part).
Each Offer will expire at 5:00 p.m., New York City time, on August 8, 2022, unless extended (in respect of each Offer, such date and time, as the same may be extended, the "Expiration Deadline") or earlier terminated. Holders must validly tender and not validly withdraw their Notes at or prior to the relevant Expiration Deadline in order to be eligible to receive the relevant Purchase Price. Notes validly tendered may be withdrawn at any time prior to the relevant Withdrawal Deadline, but not thereafter.
In addition to the relevant Purchase Price, holders of the Notes accepted for purchase pursuant to the relevant Offer(s) will also receive, on the relevant Settlement Date, any accrued and unpaid interest on each $1,000 principal amount of such Notes (rounded to the nearest cent) from, and including, the last interest payment date up to, but not including, the relevant Settlement Date ("Accrued Interest"). Holders whose Notes are tendered and accepted for purchase pursuant to the Guaranteed Delivery Procedures will not receive payment in respect of any interest for the period from and including the relevant Settlement Date to the relevant Guaranteed Delivery Settlement Date. Accrued Interest for each $1,000 principal amount of such Notes validly tendered and accepted for purchase will be rounded to the nearest $0.01, with $0.005 being rounded upwards, in accordance with the conditions of such Notes.
FURTHER INFORMATION
Copies of each Offer to Purchase are available at the following web address: https://deals.is.kroll.com/natwest
This announcement and each Offer to Purchase (including the documents incorporated by reference therein) contain important information which should be read carefully before any decision is made with respect to the relevant Offer. If you are in any doubt as to the contents of this announcement or the relevant Offer to Purchase or the action you should take, you are recommended to seek your own financial and legal advice, including as to any tax consequences, immediately from your stockbroker, bank manager, solicitor, accountant or other independent financial or legal adviser. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to participate in the Offers. None of the Offerors, the Dealer Managers, the Tender Agent, the fiscal agent or the trustee (as applicable) with respect to the Notes (or any of their respective directors, employees or affiliates) make any recommendation as to whether holders should tender Notes pursuant to the Offers.
European Economic Area ("EEA")
The communication of this announcement, the Offers to Purchase and any other documents or materials relating to the Offers do not constitute an offer of securities to the public for the purposes of Regulation (EU) 2017/1129 (as amended, the "Prospectus Regulation") and accordingly the requirement to produce a prospectus under the Prospectus Regulation does not apply to the Offers.
United Kingdom
The communication of this announcement, the Offers to Purchase and any other documents or materials relating to the Offers are not being made, and such documents and/or materials have not been approved, by an authorized person for the purposes of section 21 of the Financial Services and Markets Act 2000 (the "FSMA"). Accordingly, this announcement, the Offers to Purchase and such other documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of the Offers to Purchase and such other documents and/or materials is exempt from the restriction on financial promotions under section 21 of the FSMA on the basis that they are only being distributed to and are only directed at persons to whom they can lawfully be circulated outside the United Kingdom or to: (i) persons in the United Kingdom having professional experience in matters relating to investments falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Order")); (ii) persons falling within Article 43 of the Order; or (iii) any other persons to whom the relevant Offer to Purchase and such other documents and/or materials may otherwise lawfully be communicated under the Order (all such persons together being referred to as "relevant persons"). This announcement and the Offers to Purchase and such documents and/or materials are directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement and the Offers to Purchase relate is available only to relevant persons and will be engaged in only with relevant persons.
The communication of this announcement, the Offers to Purchase and any other documents or materials relating to the Offers do not constitute an offer of securities to the public for the purposes of s of Regulation (EU) 2017/1129 (as amended) as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (EUWA) (the "UK Prospectus Regulation") and accordingly the requirement to produce a prospectus under the UK Prospectus Regulation does not apply to the Offers.
Belgium (in respect of the NatWest Group Offer only)
Neither this announcement (in so far as it relates to the NatWest Group Offer), the NatWest Group Offer to Purchase nor any other documents or materials relating to the NatWest Group Offer have been submitted to or will be submitted for approval or recognition to the Financial Services and Markets Authority (Autorité des services et marchés financiers / Autoriteit voor financiële diensten en markten) and, accordingly, the NatWest Group Offer may not be made in Belgium by way of a public offering, as defined in Articles 3 and 6 of the Belgian Law of April 1, 2007 on public takeover bids as amended or replaced from time to time. Accordingly, the NatWest Group Offer may not be advertised and the NatWest Group Offer will not be extended, and neither this announcement, the NatWest Group Offer to Purchase nor any other documents or materials relating to the NatWest Group Offer (including any memorandum, information circular, brochure or any similar documents) have been or shall be distributed or made available, directly or indirectly, to any person in Belgium other than "qualified investors" in the sense of Article 2(e) of the Prospectus Regulation, acting on their own account. This announcement (in so far as it relates to the NatWest Group Offer) and the NatWest Group Offer to Purchase have been issued only for the personal use of the above qualified investors and exclusively for the purpose of the NatWest Group Offer. Accordingly, the information contained in this announcement (in so far as it relates to the NatWest Group Offer) and the NatWest Group Offer to Purchase may not be used for any other purpose or disclosed to any other person in Belgium.
France
This announcement, the Offers to Purchase and any other documents or offering materials relating to the Offers may not be distributed in the Republic of France except to qualified investors (investisseurs qualifiés) as defined in Article 2(e) of the Prospectus Regulation. This announcement and the Offers to Purchase have not been and will not be submitted for clearance to the Autorité des marchés financiers.
Italy
None of the Offers, this announcement, the Offers to Purchase or any other documents or materials relating to the Offers has been or will be submitted to the clearance procedure of the Commissione Nazionale per le Società e la Borsa ("CONSOB"), pursuant to applicable Italian laws and regulations.
The Offers are being carried out in the Republic of Italy ("Italy") as an exempted offer pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree No. 58 of February 24, 1998, as amended (the "Financial Services Act") and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971 of May 14, 1999, as amended (the "Issuers' Regulation"). The Offers are also being carried out in compliance with article 35-bis, paragraph 7 of the Issuers' Regulation.
Holders or beneficial owners of the Notes located in Italy can tender the Notes through authorized persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of February 15, 2018, as amended from time to time, and Legislative Decree No. 385 of September 1, 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority.
Each intermediary must comply with the applicable laws and regulations concerning information duties vis-à-vis its clients in connection with the Notes and the Offers.
The Offers do not constitute an offer to buy or the solicitation of an offer to sell Notes (and offers to sell will not be accepted from the holders) in any circumstances in which such offer or solicitation is unlawful. In those jurisdictions where the securities or other laws require the Offers to be made by a licensed broker or dealer or similar and any of the Dealer Managers or any of the Dealer Manager's respective affiliates is such a licensed broker or dealer in that jurisdiction, the Offers shall be deemed to be made by such Dealer Manager or affiliate, as the case may be, on behalf of the relevant Offeror in such jurisdiction.
Each holder participating in the Offers will be deemed to give certain representations in respect of the jurisdictions referred to above and generally as set out in the relevant Offer to Purchase. Any tender of Notes pursuant to an Offer to Purchase from a holder that is unable to make these representations will be rejected. Each of the Offerors, the Dealer Managers and Kroll Issuer Services Limited reserves the right, in its absolute discretion (and without prejudice to the relevant holder's responsibility for the representations made by it), to investigate in relation to any tender of Notes, whether any such representation given by a holder is correct and, if such investigation is undertaken and as a result the relevant Offeror determines (for any reason) that such representation is not correct, such offer to sell will be rejected.
Each Offeror and their respective affiliates expressly reserve the right at any time or from time to time following completion or termination of the Offers made by it, to purchase or exchange or offer to purchase or exchange Notes or to issue an invitation to submit offers to sell Notes (including, without limitation, those tendered pursuant to the relevant Offer(s) but not accepted for purchase by it) through open market purchases, privately negotiated transactions, tender offers, exchange offers or otherwise, in each case on terms that may be more or less favorable than those contemplated by the relevant Offer(s). In addition, each Offeror also reserves the right to issue new debt securities from time to time, including during the term of the Offers made by it.
THIS ANNOUNCEMENT CONTAINS INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR NATWEST GROUP PLC, FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (MAR) AS IT FORMS PART OF DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. THIS ANNOUNCEMENT IS MADE BY ALEXANDER HOLCROFT, HEAD OF INVESTOR RELATIONS FOR NATWEST GROUP PLC.
THIS ANNOUNCEMENT CONTAINS INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR NatWest Markets N.V., FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (MAR). FOR THE PURPOSES OF MAR AND ARTICLE 2 OF COMMISSION IMPLEMENTING REGULATION (EU) 2016/1055, THIS ANNOUNCEMENT IS MADE BY Vasileios TSAGRIS, TREASURER OF NatWest Markets N.V.
From time to time, the Offerors may make statements, both written and oral, regarding our assumptions, projections, expectations, intentions or beliefs about future events. These statements constitute "forward-looking statements". The Offerors caution that these statements may and often do vary materially from actual results. Accordingly, the Offerors cannot assure you that actual results will not differ materially from those expressed or implied by the forward-looking statements. You should read the sections entitled "Risk Factors" in the relevant Offer to Purchase, in the Annual Report and H1 2022 Interim Report of the relevant Offeror which is incorporated by reference therein and "Forward-Looking Statements" in the Annual Report and H1 2022 Interim Report of the relevant Offeror, which is incorporated by reference in the relevant Offer to Purchase.
Any forward-looking statements made herein or in the documents incorporated by reference herein speak only as of the date they are made. Except as required by the U.K. Financial Conduct Authority (the "FCA") or the Dutch Authority for the Financial Markets (the "AFM"), as applicable, any applicable stock exchange or any applicable law, the Offerors expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained in the relevant Offer to Purchase or the documents incorporated by reference herein to reflect any changes in expectations with regard thereto or any new information or any changes in events, conditions or circumstances on which any such statement is based. The reader should, however, (i) with respect to NatWest Group consult any additional disclosures that NatWest Group has made or may make in documents that NatWest Group has filed or may file with the U.S. Securities and Exchange Commission and (ii) with respect to NWM N.V. consult any additional disclosures that NWM N.V. has made or may make in documents that NWM N.V. has filed or may file with the AFM.
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SOURCE NatWest Markets N.V.; NatWest Group plc | https://www.mysuncoast.com/prnewswire/2022/08/08/natwest-group-plc-natwest-markets-nv-pricing-separate-cash-tender-offers-certain-their-respective-outstanding-notes/ | 2022-08-08T22:19:40Z |
SHENZHEN, China, Aug. 15, 2022 /PRNewswire/ -- Global technology company vivo today announced the rollout of its Developer Preview Program based on Android 13 for its flagship vivo X80 and X80 Pro smartphones in select markets. Following the official release of Android 13, vivo is among the first smartphone brands to launch a preview version based on the latest Android, empowering developers to work on the compatibility of their apps and bring consumers an ultimate smartphone experience.
Seamless user experience with improved privacy control and personalization
The latest Android 13 brings a new user experience with improved security and privacy features and offers enhanced personalization.
These upgrades include introducing new runtime permission for sending non-exempt notifications from an app. Also, the set of requested permissions depends on the type(s) of media that your app needs to access. The new photo picker function is one more example of the enhanced level of control that users will enjoy, which allows users to select what photos or videos they grant access to, so they won't need to share the entire library with an app.
Additionally, Android 13's newly added Foreground Services (FGS) Task Manager shows a list of apps that are actively running foreground services, enabling users to easily stop foreground services from the notification drawer, regardless of the target SDK version. What's more, users can quickly change settings because Quick Settings is in the notification shade. Meanwhile, to improve the user experience further, Android 13 also brings changes to the Material You design language.
Bringing better experience to vivo consumers
vivo has been proactive in supporting developers to adapt and optimize their apps for the latest Android 13 and deliver the optimal user experience. Earlier this year, vivo was one of the first companies to launch its Android 13 Beta program, ensuring vivo developers have a head start and an early preview of the changes introduced in Android 13.
Starting from August 16, developers are invited to visit vivo's developer website at https://developer.vivo.com/ to download and test out the latest Android 13 on vivo X80 and X80 Pro.
Currently, the version is being rolled out in select markets in Southeast Asia, including Indonesia, Thailand, Malaysia, Vietnam, Singapore, the Philippines, and more.
About vivo
vivo is a technology company that creates great products based on a design-driven value, with smart devices and intelligent services as its core. The company aims to build a bridge between humans and the digital world. Through unique creativity, vivo provides users with an increasingly convenient mobile and digital life. Following the company's core values, which include Benfen*, user-orientation, design-driven value, continuous learning and team spirit, vivo has implemented a sustainable development strategy with the vision of developing into a healthier, more sustainable world-class corporation.
While bringing together and developing the best local talents to deliver excellence, vivo is supported by a network of R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai and Xi'an, focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, imaging system and other up-and-coming technologies. vivo has also set up an intelligent manufacturing network (including those authorized by vivo), with an annual production capacity of nearly 200 million smartphones. As of now, vivo has branched out its sales network across more than 60 countries and regions, and is loved by more than 400 million users worldwide.
*"Benfen" is a term describing the attitude on doing the right things and doing things right – which is the ideal description of vivo's mission to create value for society.
Stay informed of latest vivo news at https://www.vivo.com/en/about-vivo/news
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SOURCE Vivo | https://www.kxii.com/prnewswire/2022/08/16/vivo-releases-android-13-developer-preview-program-vivo-x80-x80-pro/ | 2022-08-16T03:24:48Z |
MONTREAL, June 8, 2022 /PRNewswire/ - Dollarama Inc. (TSX: DOL) ("Dollarama") announced that the nominees listed in its management proxy circular dated April 19, 2022 were elected as directors of Dollarama at the annual meeting of shareholders held earlier today. The detailed results of the vote for the election of directors are set out below.
Dollarama is a recognized Canadian value retailer offering a broad assortment of consumable products, general merchandise and seasonal items both in-store and online. Our 1,431 locations across Canada provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Select products are also available, by the full case only, through our online store at www.dollarama.com. Our quality merchandise is sold at select fixed price points up to $5.00.
Dollarama also owns a 50.1% interest in Dollarcity, a growing Latin American value retailer. Dollarcity offers a broad assortment of consumable products, general merchandise and seasonal items at select, fixed price points up to US$4.00 (or the equivalent in local currency) in 358 conveniently located stores in El Salvador, Guatemala, Colombia and Peru.
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SOURCE Dollarama Inc. | https://www.kxii.com/prnewswire/2022/06/08/dollarama-announces-election-directors/ | 2022-06-08T21:13:25Z |
UNCASVILLE, Conn., Aug. 4, 2022 /PRNewswire/ -- Mohegan Tribal Gaming Authority, or Mohegan (formerly d/b/a Mohegan Gaming & Entertainment), will host a conference call regarding its third quarter fiscal 2022 operating results on Thursday, August 11, 2022, at 11:00 a.m. (Eastern Daylight Time).
Those interested in participating in the call should dial as follows:
(877) 407-0890
+1(201) 389-0918 (International)
The live stream of the call will also be available at: https://www.webcast-eqs.com/mohegan20220811
Call in participants should join five minutes in advance to ensure they are connected prior to the initiation of the call. Questions and answers will be reserved for call-in analysts and investors. Interested parties also may listen to a replay of the entire conference call commencing two hours after the call's completion on Thursday, August 11, 2022. This replay will run through Thursday, August 25, 2022.
The webcast site for the replay of the conference call is as follows:
https://www.webcast-eqs.com/mohegan20220811
As of May 16, 2022, Mohegan Tribal Gaming Authority operates under the name "Mohegan," a natural evolution for the brand.
Mohegan is the owner, developer and manager of premier entertainment resorts in the United States, Canada, and Northern Asia. Mohegan's U.S. operations include resorts in Connecticut, Washington, Pennsylvania, New Jersey, and Nevada; Canadian operations are based in Niagara Falls, Ontario; and Mohegan Inspire is located in Incheon, South Korea. The brand's iGaming division, Mohegan Digital, provides cutting-edge online gaming solutions to Mohegan's loyal fan base and meets the digital needs of customers on a global scale. Mohegan is owner and operator of Connecticut Sun, a professional basketball team in the WNBA. For more information on Mohegan and its properties, please visit www.mohegangaming.com.
Contact:
Carol K. Anderson
Chief Financial Officer
Mohegan
(860) 862-8000
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SOURCE Mohegan Gaming & Entertainment | https://www.kxii.com/prnewswire/2022/08/04/mohegan-invites-you-join-its-third-quarter-fiscal-2022-operating-results-conference-call/ | 2022-08-04T12:42:02Z |
Georgetown Manufacturing Facility Will Be the Largest Solar Roof Facility in the World
GEORGETOWN, Texas, Aug. 26, 2022 /PRNewswire/ -- Congressman John Carter was joined by Mayor Josh Schroeder, and other community leaders to celebrate the groundbreaking of GAF Energy's new 450,000-square foot manufacturing facility in Georgetown, Texas. GAF Energy, a Standard Industries company and a leading provider of solar roofing in North America, is building the facility, the company's second, to meet growing demand for its award-winning Timberline Solar™ roof. Introduced earlier this year, Timberline Solar™ features the world's first nailable solar shingle and is the only roof system to directly integrate solar technology into traditional roofing processes and materials. Construction is on track to be completed summer of next year, with full-operation by the end of 2023. Portman Industrial is the owner and developer of the building and ARCO/Murray is the construction partner.
"Texas' 31st district continues to grow because it's a great place to live and work, and today we see more of that growth," said Congressman Carter. "I'm proud that GAF Energy has chosen our great community to call home and create hundreds of new manufacturing jobs right here in Georgetown. GAF Energy is a shining example of the American spirit of innovation to meet the needs of today, while focusing on the future. I welcome them to my district and look forward to their continued success in their new home."
"We are pleased GAF Energy selected Georgetown as their destination for their facility," Mayor Schroeder said. "Their innovative product is one that will change the market as we know it, and we are excited that it will be developed here in our backyard."
"One of the reasons I was drawn to work at our parent company, Standard Industries, was their commitment to U.S.-based jobs and manufacturing. We're thrilled to be building the future of solar here in Georgetown, Texas. The community has welcomed us with open arms—and made the decision of where to build our second facility easy," said Martin DeBono, President of GAF Energy. "We're producing our technologically cutting edge Timberline Solar roof here in the U.S. because we believe it allows us to make the best product for our customers."
Once complete, the manufacturing facility will provide hundreds of new U.S.-based, clean energy manufacturing jobs in the Georgetown area. The new facility builds on GAF Energy's track record of delivering a best-in-class solar roof product that is assembled in America. GAF Energy's first manufacturing facility, in San Jose, California, was completed last year.
Homeowners interested in solar roofing options and roofers interested in installing GAF Energy products can find out more at: www.gaf.energy.
About GAF Energy
GAF Energy is transforming the solar and roofing industries to generate energy from every roof. A Standard Industries company, GAF Energy works with North America's largest roofing and waterproofing manufacturer, GAF, to offer homeowners elegant, roof-integrated solar options through a national network of roofer partners. The company's leading product, the Timberline Solar™ roof system, incorporates the world's first nailable solar shingle to create an attractive, durable, and reliable solar roof. GAF Energy's products have received numerous awards and honors, including the Fast Company 2022 World Changing Ideas Award, the CES Best of Innovation Award, and an NAHB Best of IBS Award. GAF Energy develops and assembles its products at its R&D and manufacturing facility in San Jose, California.
About Standard Industries
Standard Industries is a privately-held global industrial company operating in over 80 countries with over 20,000 employees. The Standard ecosystem spans a broad array of holdings, technologies and investments—including both public and private companies from early to late-stage—as well as world-class building solutions, performance materials, logistics, real estate and next-generation solar technology. Throughout its history, Standard has leveraged its deep industry expertise and vision to create outsize value across its businesses, which today include operating companies GAF, BMI, Grace, GAF Energy, Siplast, Schiedel, SGI, and Standard Logistics, as well as Standard Investments and Winter Properties. Learn more at www.standardindustries.com.
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SOURCE GAF Energy | https://www.kxii.com/prnewswire/2022/08/26/congressman-john-carter-mayor-josh-schroeder-community-leaders-celebrate-groundbreaking-gaf-energys-timberline-solar-manufacturing-facility-georgetown-texas/ | 2022-08-26T20:55:46Z |
TORONTO, Aug. 23, 2022 /PRNewswire/ - Canada Nickel Company Inc. (TSX-V: CNC) ("Canada Nickel" or the "Company") is pleased to announce that further to its news release dated July 6, 2022 it has filed on SEDAR an independent technical report titled "Crawford Nickel Sulphide Project - NI 43-101 Technical Report, Preliminary Economic Assessment & Updated Mineral Resource Estimate" (the "Technical Report"). This report (the "Report") was prepared by Caracle Creek International Consulting Inc (Caracle Creek) with support from Ausenco Engineering Canada Inc. (Ausenco), and Wood Environment & Infrastructure Solutions Canada Limited (Wood) (collectively the "Authors") for Canada Nickel Company Inc. (CNC) to provide the updated mineral resource estimate as announced by CNC on July 6, 2022 and to re-iterate the results of the Crawford Nickel Sulphide Project Preliminary Economic Assessment (PEA) dated July 9, 2021 and with an effective date of May 21, 2021.
A copy of the Technical Report is available under the Company's profile page at www.sedar.com.
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.
FOR FURTHER INFORMATION, PLEASE CONTACT:
CHAIR AND CEO
PHONE: 647-256-1954
EMAIL: INFO@CANADANICKEL.COM
This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill and exploration results relating to the target properties described herein (the "Properties"), the potential of the Crawford Nickel Sulphide Project and the Properties and mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development results, and corporate and technical objectives. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals, and the impact of COVID-19 related disruptions in relation to the Company's business operations including upon its employees, suppliers, facilities and other stakeholders. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law.
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SOURCE Canada Nickel Company Inc. | https://www.mysuncoast.com/prnewswire/2022/08/23/canada-nickel-files-technical-report-crawford-nickel-sulphide-project/ | 2022-08-23T13:09:55Z |
PITTSBURGH, June 21, 2022 /PRNewswire/ -- "I wanted to create a safety system to detect and alert a driver of medical abnormalities to help prevent accidents," said an inventor, from Yonkers, N.Y., "so I invented the SMART WHEEL. My design would provide added protection and peace of mind for drivers with health-related issues as well as nervous beginners."
The invention provides an effective way to monitor the health and focus of a driver. In doing so, it helps to detect and alert the driver of an impending medical or other issue. As a result, it enables the driver to pull over and get help and it enhances safety. The invention features an automatic design that is easy to use so it is ideal for vehicle owners, individuals with medical conditions, new drivers, etc. Additionally, it is producible in design variations.
The original design was submitted to the Manhattan sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-MBQ-143, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/06/21/inventhelp-inventor-develops-vehicle-safety-system-drivers-mbq-143/ | 2022-06-21T14:54:42Z |
SEI Reports First-Quarter 2022 Financial Results
Published: Apr. 20, 2022 at 3:01 PM CDT|Updated: 37 minutes ago
OAKS, Pa., April 20, 2022 /PRNewswire/ -- SEI Investments Company (NASDAQ:SEIC) today announced financial results for the first-quarter 2022. Diluted earnings per share were $1.36 in first-quarter 2022 compared to $0.89 in first-quarter 2021. Diluted earnings per share reflect a one-time revenue event of $88.0 million, or $0.47 per share net of associated costs.
"Our first-quarter financial profits were challenged by negative capital markets, but we achieved solid sales results and successfully implemented new business. We continue investing in our future through new technology and business initiatives to deliver best-in-class platforms and service to our markets and create new growth opportunities," said SEI Chairman and CEO Alfred P. West, Jr.
"SEI is uniquely positioned in the financial services industry for sustainable growth. I'm thrilled that Ryan Hicke will become SEI's next CEO, and I'm excited to see him lead the company into the future. His diverse, global experience at SEI informs his commitment to our company's strengths across our three pillars of expertise: investments, operations, and technology. With this change in leadership, I'm confident SEI has great days ahead.
"The strength of our leadership and talented workforce globally is key to driving SEI's enduring success and helping our clients manage change with confidence. Looking toward the future, we will make sound decisions to improve our results and continue to capitalize on market opportunities to deliver long-term value to our shareholders and build brave futuresSM for our employees, clients, and communities."
First-Quarter Business Highlights:
- Revenues from Asset management, administration, and distribution fees increased from higher assets under management and administration due to market appreciation during 2021 and positive cash flows from new and existing clients. The decline in market conditions during the first quarter 2022 negatively impacted our revenues from assets under management and administration and partially offset our revenue growth.
- A significant, uninstalled investment processing client terminated an agreement for convenience. As a result, we recorded one-time fees of $88.0 million during first-quarter 2022. This early termination fee is included in Information processing and software servicing fees of the Private Banks segment and reflects a diluted earnings per share impact of $0.47 net of associated costs.
- Our average assets under administration increased $71.8 billion, or 9%, to $893.4 billion in the first-quarter 2022, as compared to $821.6 billion during the first-quarter 2021 (see attached Average Asset Balances schedules for further details).
- Our average assets under management, excluding LSV, increased $13.2 billion, or 5%, to $293.6 billion in the first-quarter 2022, as compared to $280.4 billion during the first-quarter 2021 (see attached Average Asset Balances schedules for further details).
- Net sales events, excluding the cancelled contract item, in the Private Banks and Investment Managers segments during first-quarter 2022 were $26.6 million and are expected to generate net annualized recurring revenues of approximately $24.7 million when contract values are completely realized.
- Net sales events in asset management-related businesses of the Investment Advisors and Institutional Investors segments and the Asset Management Distribution (AMD) business in the Private Banks segment during first-quarter 2022 were $2.1 million.
- Revenues from our acquisition of SEI Novus were $3.1 million during the first-quarter 2022. SEI Novus was acquired during the fourth-quarter 2021 and is reported in the Institutional Investors segment. The Institutional Investors segment also includes personnel, amortization, and other costs related to SEI Novus.
- The increase in operational expenses was primarily due to increased direct costs related to increased revenues, as well as increased personnel costs due to business growth and competitive labor markets.
- Earnings from LSV decreased to $32.5 million in the first-quarter 2022 as compared to $33.4 million in the first-quarter 2021 due to negative cash flows from existing clients and client losses, which offset the positive impact from market appreciation during 2021.
- We capitalized $6.6 million of software development costs in first-quarter 2022 for continued enhancements to the SEI Wealth PlatformSM (SWP). Amortization expense related to SWP was $13.6 million in first-quarter 2022.
- Our effective tax rates were 23.1% in first-quarter 2022 and 22.6% in first-quarter 2021. The increase in the effective tax rate was primarily due to decreased tax benefits associated with a lower volume of stock option exercises.
- We repurchased 1.7 million shares of our common stock for $100.1 million during the first-quarter 2022 at an average price of $58.43 per share.
- Cash flow from operations was $260.4 million, or $1.86 per share, and free cash flow was $244.6 million during the first-quarter 2022.
Earnings Conference Call
A conference call to review earnings is scheduled for 4:30 p.m. Eastern time on April 20, 2022. Investors may listen to the call at seic.com/ir-events. Investors may also listen to a replay by telephone at (USA) 866-207-1041; (International) 402-970-0847; Access Code: 8875578.
SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change, and help protect assets—for growth today and in the future. As of March 31, 2022, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.
This release contains forward-looking statements within the meaning or the rules and regulations of the Securities and Exchange Commission. In some cases you can identify forward-looking statements by terminology, such as "may," "will," "expect," "believe" and "continue" or "appear." Our forward-looking statements include our current expectations as to:
- revenue that we believe will be generated by sales events that occurred during the quarter and the timing of the realization of such revenue, if any,
- whether our investments will create growth opportunities,
- whether we are positioned for sustainable growth, and
- the degree to which we will make good decisions or capitalize on market opportunities that will deliver long-term shareholder value.
We anticipate that we may deliver forward-looking statements during today's earnings call that include our current expectations as to the matters in this release and set forth above as well as:
- the timing and success of client migrations, implementations and conversions,
- our ability to expand our relationships and revenue opportunities with new and existing clients,
- the margins that out businesses may generate,
- the degree to which one-time and transaction-based revenues during the quarter will be repeated,
- the competition for and cost of talent and the effect of these factors on our business,
- the headwinds we will face and our strategies for how we may respond to these headwinds,
- how we will manage our expenses,
- the degree to which our reported margins will decline, increase or normalize,
- the strategic initiatives and business segments that we will pursue and those in which we will invest,
- the success, if any, of the sales and strategic initiatives we pursue,
- the value of our backlog and the strength of our pipelines,
- our growth prospects,
- the timing of and our ability to integrate any acquisition targets that we may pursue, if any,
- the potential benefits we may derive from any of our acquisitions,
- the organic and inorganic opportunities that will drive our growth,
- the investments we may make in our technologies and personnel, and
- the success and benefits of our strategic investments.
You should not place undue reliance on our forward-looking statements, as they are based on the current beliefs and expectations of our management and subject to significant risks and uncertainties, many of which are beyond our control or are subject to change. Although we believe the assumptions upon which we base our forward-looking statements are reasonable, they could be inaccurate. Some of the risks and important factors that could cause actual results to differ from those described in our forward-looking statements can be found in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended Dec. 31, 2021, filed with the Securities and Exchange Commission.
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The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/04/20/sei-reports-first-quarter-2022-financial-results/ | 2022-04-20T20:38:54Z |
Apollo Class II e-bike designed to accommodate two riders or additional cargo safely
SANTA MONICA, Calif., Sept. 15, 2022 /PRNewswire/ -- Veo, the first profitable micromobility company, has created the micromobility industry's first dual-passenger vehicle, the Apollo Class II e-bike, that can safely accommodate two riders or additional cargo storage.
Revealed today at Micromobility America, the Apollo is designed to increase ridership and reduce dependence on gas-powered vehicles by addressing two needs: the ability for two people to ride one vehicle and to transport goods utilizing a cargo storage system. The Apollo will launch in select markets in early 2023.
"As the micromobility industry continues to grow, we must expand our vehicle offerings to address unmet market demands," said Candice Xie, co-founder and CEO of Veo. "The Apollo was developed in direct response to insights from rider surveys, feedback from municipalities, and global research that indicates the immense need for safe tandem riding and cargo hauling. By opening up micromobility to new riders and new trip types, we can reduce car dependency and help cities advance their ambitious climate goals."
The Apollo features a throttle-assist motor, which allows riders of varying body types and abilities to get where they need to go without pedaling. The throttle provides assistance for traveling up hills or carrying cargo and offers a boost to get up to speed from a stopped position. Veo's ridership data shows that the first-generation throttle-assist e-bike, the Cosmo-e, receives four times as many rides per day as Veo's electric pedal-assist bikes. Once deployed, Apollo vehicles can carry two passengers or can be retrofitted to accommodate one passenger with additional cargo, depending on the needs of each market.
"If we want to get more people out of cars and into the bike lane, micromobility must accommodate rider needs for varying trip types and purposes," said Edwin Tan, Veo co-founder and president. "A second seat and cargo-hauling capabilities make the transition to micromobility realistic for more people."
Veo has been designing and manufacturing its vehicles in-house since 2017, which allows for continuous innovation, consistent deployment of new vehicles, and control of the entire supply chain process to ensure top quality and safety. Veo, which has a fleet of eight vehicles, including seated and standing scooters, class I and class II e-bikes, accessible wheelchair devices, and pedal bikes, continues to expand its portfolio in the more than 50 markets it serves nationwide.
"For the past five years, Veo has led innovation in the shared micromobility industry, bringing more vehicles and safety technology to market than any other company – including the industry's first seated scooter – and we're just getting started," said Tan.
Apollo Specifications
- Motor - 750-watt
- Tires - 20-inches
- Max load- 400 lb. passenger weight
- Battery range - 45 miles
- Max speed - 15 mph
Veo is committed to designing and manufacturing vehicles that lead the industry in safety and user experience. Apollo safety and convenience features include:
- Simulated electric engine noise: When the throttle is engaged, the vehicle will notify pedestrians, particularly those who are blind or have visual impairments, that an e-bike is approaching with an audible noise.
- Intelligent display system: A light-up display that communicates information about the vehicle's status (e.g., battery level, speed level, riding zone information) and displays turn signals to other road users while the vehicle is in use.
- Integrated phone holder: Holds riders' phones for safe navigation.
- Bluetooth speaker: Syncs with smartphones so riders can hear directions or listen to music for safe routing and riding.
- Veo Voice: Veo's newest IoT with precise geofencing and Veo Voice technology, which uses on-board speakers to explain local riding regulations.
- Veo's proprietary swappable battery technology: Allows field technicians to swap out batteries in the field, enabling scooters to be available 24/7. Batteries are compatible with other Veo vehicle types to further enhance field operations efficiency.
About Veo
Veo is on a mission to end car dependency by making clean transportation accessible to all. We have provided millions of shared bike and scooter rides in 50+ cities and universities across North America and counting.
Veo operates from a set of values that distinguish us in the industry. We are grounded in financial responsibility: Veo partnered with select cities to achieve profitability before scaling. Our in-house design and manufacturing process enables us to constantly innovate and provide cities with the next generation of shared electric bikes and scooters. We develop collaborative, long-term partnerships with cities and universities so we can work together toward a sustainable, safe, and equitable transportation future.
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SOURCE Veo | https://www.wibw.com/prnewswire/2022/09/15/veo-reveals-shared-micromobility-industrys-first-dual-passenger-vehicle/ | 2022-09-15T18:27:21Z |
Teen injured in single-vehicle crash in Pushmataha Co.
PUSHMATAHA COUNTY, Okla. (KXII) - A Valliant teenager was injured in a single-vehicle collision Wednesday morning in Pushmataha County.
Troopers said a 16-year-old from Valliant was driving a 2021 Honda Rancher on private property near Rufe Road, approximately 11 miles east of Rattan when the vehicle struck a ditch, lost control, and ejected the passenger around 6:15 a.m.
Troopers said the driver was not injured.
They said16-year-old passenger from Valliant was transported to McCurtain Memorial with head and internal injuries.
According to troopers, the condition of the driver was apparently normal around the time of the incident. They said the cause of the collision was due to inexperienced driving.
Investigators have not yet announced whether seat belts were used at the time of the incident.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/17/teen-injured-single-vehicle-crash-pushmataha-co/ | 2022-08-17T23:36:21Z |
CHICAGO, July 29, 2022 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.7 billion in portfolio assets and more than 120 properties, will hold a public earnings call on Wednesday, August 17, 2022 at 2:00 PM CT to review second quarter operating and financial results. Allan Swaringen, President and CEO of JLL Income Property Trust, and Gregg Falk, Chief Financial Officer, will present an overview of recent economic events that directly influence the business of the portfolio and commercial real estate markets, along with a detailed review of the financial performance and more noteworthy accomplishments of the quarter.
Date: Wednesday, August 17, 2022
Time: 2:00 PM CT
Dial-in Number (Toll Free): 1-888-506-0062
*Participant Access Code: 107156
Dial-in Number (International): 1-973-528-0011
Replay Number (Toll Free): 1-877-481-4010
Replay Number (International): 919-882-2331
Replay ID: 44214
The teleconference replay will be available until August 24, 2022, at 2:00 PM CT. The audio replay will be posted to the SEC Filings section of the JLL Income Property Trust website at www.jllipt.com within 24 hours of the call.
JLL Income Property Trust is an institutionally managed, daily NAV REIT that gives investors access to a growing portfolio of commercial real estate investments selected by an institutional investment management team and sponsored by one of the world's leading real estate services firms.
*Participants will be greeted by an operator and asked for the access code. If a caller does not have the code, they can reference the company name.
About JLL Income Property Trust, Inc. (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX),
Jones Lang LaSalle Income Property Trust, Inc. is a daily NAV REIT that owns and manages a diversified portfolio of high quality, income-producing residential, industrial, grocery-anchored retail, healthcare and office properties located in the United States. JLL Income Property Trust expects to further diversify its real estate portfolio over time, including on a global basis. For more information, visit www.jllipt.com.
About LaSalle Investment Management
LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, LaSalle manages approximately $80 billion of assets in private and public real estate property and debt investments as of Q1 2021. LaSalle's diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. For more information, please visit http://www.lasalle.com, and LinkedIn.
Forward Looking Statements and Future Results
This press release may contain forward-looking statements with respect to JLL Income Property Trust. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management's intentions, beliefs, expectations, research, market analysis, plans or predictions of the future. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. Past performance is not indicative of future results and there can be no assurance that future dividends will be paid.
Contacts:
Scott Sutton
LaSalle Investment Management
Telephone: +1 224 343 5538
Email: scott.sutton@lasalle.com
Doug Allen
Dukas Linden Public Relations
Telephone: +1 646 722 6530
Email: JLLIPT@DLPR.com
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SOURCE JLL Income Property Trust | https://www.wibw.com/prnewswire/2022/07/29/jll-income-property-trust-announces-q2-2022-earnings-call/ | 2022-07-29T18:03:48Z |
Matthews scores 57th and 58th, Maple Leafs top Canadiens 3-2
TORONTO (AP) — Auston Matthews scored his NHL-leading 57th and 58th goals 27 seconds apart in the first period to help the Toronto Maple Leafs beat the Montreal Canadiens 3-2 on Saturday night. Toronto wrapped up a playoff spot for the sixth straight straight season and hit 100 points in the standings. Matthews’ opener marked his 50th goal in his last 50 games, making him the first player to accomplish the feat since Mario Lemieux in 1995-96. John Tavares also scored for Toronto, and Erik Kallgren made 24 saves. Cole Caufield and Joel Edmundson scored for Montreal | https://localnews8.com/sports/ap-national-sports/2022/04/09/matthews-scores-57th-and-58th-maple-leafs-top-canadiens-3-2/ | 2022-04-10T03:08:45Z |
Secret memo links citizenship question to apportionment
(AP) - Trump officials tried to add a citizenship question to the 2020 census in a move experts said would benefit Republicans despite initial doubts among some in the administration that it was legal, according to an investigative report released Wednesday by a congressional oversight committee.
The report offers a smoking gun of sorts — a secret memo the committee obtained after a two-year legal battle showing that a top Trump appointee in the Commerce Department explored apportionment as a reason to include the question.
“The Committee’s investigation has exposed how a group of political appointees sought to use the census to advance an ideological agenda and potentially exclude non-citizens from the apportionment count,” the report released by the House Committee on Oversight and Reform said.
It has long been speculated that the Trump administration wanted the citizenship question in order to exclude people in the country illegally from apportionment numbers.
The report includes several drafts showing how the memo evolved from recognizing that doing so would likely be unconstitutional to coming up with other justifications for adding the citizenship question.
The apportionment process uses state population counts gathered during the once-a-decade census to divide up the number of congressional seats each state gets.
Opponents feared a citizenship question would scare off Hispanics and immigrants from participating in the 2020 census, whether they were in the country legally or not. The citizenship question was blocked by the Supreme Court in 2019. In the high court’s decision, Chief Justice John Roberts said the reason the Commerce Department had given for the citizenship question — it was needed for the Justice Department’s enforcement of the Voting Rights Act — appeared to be contrived.
The Commerce Department oversees the Census Bureau, which conducts the count used to determine political power and the distribution of $1.5 trillion in federal funding each year. Then-Commerce Secretary Wilbur Ross testified before the oversight committee that apportionment wasn’t the reason for the citizenship question, even though the Commerce Department memo suggests otherwise, the House report said.
“I have never intentionally misled Congress or intentionally said anything incorrect under oath,” Ross said during a 2019 hearing before the oversight committee.
According to the House committee report, during planning for the citizenship question, an adviser to the Commerce Department reached out to a Republican redistricting expert who had written that using citizen voting-age population instead of the total population for the purpose of redrawing of congressional and legislative districts could be advantageous to Republicans and non-Hispanic whites.
The August 2017 memo prepared by senior Commerce Department political appointee James Uthmeier went to the heart of interactions by the Commerce Department and the Justice Department to come up with a contrived reason for the citizenship question, the House report said.
An initial draft of the memo raised doubts that a citizenship question would be legal since it can only be added to the once-a-decade census if the Commerce Secretary concludes that gathering that information in survey sampling is not feasible. But a later draft removed that concern and added that the Commerce Secretary had the discretion to add a citizenship question for reasons other than apportionment.
An even later draft removed apportionment as an exception to the Commerce Secretary’s discretion and added “there is nothing illegal or unconstitutional about adding a citizenship question.”
An early draft of the memo also noted that using a citizenship data for apportionment was likely unconstitutional and went against 200 years of precedent, but that language also was removed in later drafts.
The House report says Uthmeier researched using Voting Rights Act enforcement as a reason for the citizenship question three months before the Justice Department requested it, and hand-delivered his memo with that suggestion to the Justice Department in order to avoid a digital fingerprint.
In an effort to prevent future attempts at politicizing the census, members of the oversight committee on Wednesday planned to debate a bill introduced by U.S. Rep. Carolyn Maloney, D-N.Y., that would require new questions for the head count to be vetted by Congress, and prohibit a Census Bureau director from being fired without cause.
The Trump administration named an unusually high number of political appointees without prior experience in the statistical agency to top positions in the Census Bureau. The legislation would limit the number of political appointees to three, with all other positions being filled by career civil service workers.
Even though many of the Trump administration’s political efforts ultimately failed, some advocates believe they did have an impact, resulting in significantly larger undercounts of most racial and ethnic minorities in the 2020 census compared to the 2010 census.
“It is clear that legislative reforms are needed to prevent any future illegal or unconstitutional efforts to interfere with the census and chip away at our democracy,” said Maloney, who chairs the oversight committee.
___
Follow Mike Schneider on Twitter at https://twitter.com/MikeSchneiderAP
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/20/secret-memo-links-citizenship-question-apportionment/ | 2022-07-20T13:59:18Z |
BERLIN (AP) — A large fire broke out in one of Berlin’s biggest city forests on Thursday morning, triggered by several explosions that took place at an ammunition dump inside the forest on what is forecast to be one of the hottest days so far this year.
More than 100 firefighters were battling the blaze in the German capital’s Grunewald forest in the west of the city, German news agency dpa reported.
The fire was spreading quickly and massive explosions could be heard from the site where old ammunition from World War II, fireworks and explosive ordnance is stored and controlled explosions are carried out.
“The situation is dangerous,” Thomas Kirstein from the Berlin fire department told reporters. “The fire is not under control, the forest is burning uncontrollably.”
Kirstein said it was not clear what had triggered the first explosions at the ammunition dump early Thursday. The site belongs to the Berlin police. It was created in 1950, and before Thursday’s explosions, around 25 metric tons of fireworks, World War II ammunition and other explosive ordnance was stored there, the German news agency dpa reported. Controlled blasts are scheduled there twice a year for several days at a time.
Kirstein called on residents to stay away from the forest. Due to flying debris and the threat of further explosions, the fire department said it had not yet begun to systematically extinguish the fire as emergency forces had to keep a distance of a kilometer (more than half a mile) from the flames. Firefighters on the scene were pouring water on the forest outside the banned area around the ammunition dump trying to prevent the blaze from spreading further.
They were also planning to get aerial images by flying a drone over the ammunition dump to better be able to judge the situation.
“The plan is to get a new situation assessment from the blast site — initially from the air,” Kirstein said, adding that they hoped to access the area with armored vehicles later in the day. According to first estimates an area of 1.5 hectares was burning on Thursday morning.
Berlin authorities called for additional task forces to help extinguish the flames, including special forces from the German army. Water cannons and special evacuation tanks were also due on the scene.
The commuter train service to the city’s west was partially interrupted and one of the city’s most important highways, the Avus, was closed. Homes were not directly threatened by the flames but the fire department warned that the fire could further spread due to the dry conditions of the forest and the exceptional heat that was expected on Thursday with temperatures of up to 38 degrees Celsius (100 Fahrenheit). | https://cw33.com/news/international/ap-international/fire-triggered-by-explosions-spreads-in-berlin-city-forest/ | 2022-08-04T13:07:10Z |
PITTSBURGH, Aug. 8, 2022 /PRNewswire/ -- "I wanted my invention to help athletes increase their speed and/or acceleration while being controlled, safe, and adjustable," said an inventor, from Seminole, FL., "so I invented THE SPEED SIMULATOR. My invention allows athletes in different sports to not only increase their speed and acceleration by racing an adjustable simulation, but in distance races have a consistent adjustable pace keeper the entire race."
The patent-pending invention provides an adjustable race simulator/pace keeper training aid for athletes, coaches, and trainers. In doing so, it enables the athlete to increase their speed and/or acceleration in a variety of sports and events. As a result, it can help increase speed and/or acceleration in a controlled and safe environment. The invention features an inventive design that is easy to use so it is ideal for coaches, athletic trainers, and athletes. Additionally, it is producible in design variations.
The original design was submitted to the Tallahassee sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-TLS-215, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/08/08/inventhelp-inventor-develops-innovative-training-aid-athletes-tls-215/ | 2022-08-08T15:21:57Z |
AUSTIN (KXAN) — Queen Elizabeth II died Thursday after 70 years on the throne, making her Britain’s longest-reigning monarch. She was 96.
Buckingham Palace announced the Queen died peacefully at Balmoral Castle in Scotland, where members of the royal family had gathered by her side.
She ascended to the throne on Feb. 6, 1962, when her father, King George VI, died.
Over the past seven decades, she saw 15 prime ministers and 14 U.S. presidents, the first being Harry S. Truman.
Lyndon B. Johnson was the only president that the Queen did not meet in person, but she did visit his presidential library and museum during a trip to Austin in May 1991.
President Joe Biden, along with former presidents Barack Obama and George W. Bush, have released statements in reaction to the Queen’s death.
Biden said the Queen was more than a monarch — she defined an era.
“In a world of constant change, she was a steadying presence and a source of comfort and pride for generations of Britons, including many who have never known their country without her,” Biden said in a statement. “An enduring admiration for Queen Elizabeth II united people across the Commonwealth. The seven decades of her history-making reign bore witness to an age of unprecedented human advancement and the forward march of human dignity.”
“We first met the Queen in 1982, traveling to the UK as part of a Senate delegation. And we were honored that she extended her hospitality to us in June 2021 during our first overseas trip as President and First Lady, where she charmed us with her wit, moved us with her kindness, and generously shared with us her wisdom,” Biden said.
The president went on to say the Queen helped Americans commemorate the anniversary of the founding of Jamestown, as well as the bicentennial of the United States’ independence from Great Britain.
“And she stood in solidarity with the United States during our darkest days after 9/11, when she poignantly reminded us that, ‘Grief is the price we pay for love,'” Biden’s statement said.
President Obama said the Queen meant a great deal to both him and former First Lady Michelle Obama.
“Back when we were just beginning to navigate life as President and First Lady, she welcomed us to the world stage with open arms and extraordinary generosity. Time and again, we were struck by her warmth, the way she put people at ease, and how she brought her considerable humor and charm to moments of great pomp and circumstance,” Obama said in a statement.
“Like so many, Michelle and I are grateful to have witnessed Her Majesty’s dedicated leadership, and we are awed by her legacy of tireless, dignified public service,” the statement went on to say. “Our thoughts are with her family and the people of the United Kingdom at this difficult time. “
In a statement, President Bush said he and former First Lady Laura Bush were honored to have known the Queen.
“She was a woman of great intellect, charm, and wit. Spending time at Buckingham Palace, and having tea with Her Majesty – and her Corgis – is among our fondest memories of the presidency,” President Bush’s statement read. “Queen Elizabeth ably led England through dark moments with her confidence in her people and her vision for a brighter tomorrow. Our world benefitted from her steady resolve, and we are grateful for her decades of service as sovereign. Americans in particular appreciate her strong and steadfast friendship. Laura and I join our fellow citizens in sending our heartfelt condolences to the Royal family and the British people.”
The Queen’s son, Charles, immediately became King at the moment of her passing. Prime Minister Liz Truss, who was appointed by the Queen on Tuesday, referred to him as King Charles III outside 10 Downing Street shortly after the announcement of the death.
“With the King’s family, we mourn the loss of his mother and as we mourn, we must come together as a people to support him, to help him bear the awesome responsibility that he now carries for us all. We offer him our loyalty and devotion, just as his mother devoted so much to so many for so long,” Truss said.
“With the passing of the Second Elizabethan Age, we usher in a new era in the magnificent history of our great country, exactly as Her Majesty would have wished, by saying the words, ‘God Save the King.'” | https://cw33.com/news/national/the-u-s-had-14-presidents-during-queen-elizabeths-reign-she-met-all-but-one-of-them/ | 2022-09-09T16:08:21Z |
NEW YORK (AP) — The CEO of Bank of America said the recent debate over whether the U.S. economy is technically in a recession or not is missing the point. What matters is that current economic conditions are negatively impacting those who are most vulnerable.
“Recession is a word. Whether we are in a recession or not is really not the important thing. It’s what it feels like for the people going through this,” Brian Moynihan told The Associated Press during an interview at the Bank of America Tower in midtown Manhattan, where he talked about inflation and the current state of the economy, as well as the health of the U.S. consumer.
The issue of whether the U.S. economy is in recession has become politicized heading into the 2022 mid-term elections. While inflation is at a level not seen since the early 1980s and U.S. consumer confidence is falling, other measures of the economy, such as the monthly jobs report, are still strong. In response to high consumer and wholesale prices, the Federal Reserve has been raising interest rates aggressively in hopes of taming inflation while not causing too much economic damage.
Moynihan, who has been BofA’s CEO since 2010, would not say the U.S. economy is in recession, saying that declaration will have to come from “a bunch of people in Cambridge, Massachusetts,” a reference the National Bureau of Economic Research, the nonpartisan organization that determines when recessions begin and end.
However, Moynihan cited two major issues negatively impacting average Americans — gas prices and rent — as reasons to be concerned. The national average for a gallon of gasoline ballooned to just over $5 in June before falling back below $4 last week. Moynihan appeared more concerned about the rising cost of rents, tend not to fluctuate like gas prices.
“Gas prices are coming back down, but rents are going up 10, 12, 15 percent. And rent can end up taking 40% of these households’ income,” Moynihan said. Rent accounts for about one-third of the government’s Consumer Price Index, which showed a year-over-year increase of 8.5% in July.
“We are worried about, for the U.S. broad-based consumer, is the increased rents as we go into the natural turn of rents (typically in the fall with school year),” he added.
The average U.S. consumer entered this period of high inflation and economic turbulence in healthy financial shape. The U.S. government spent trillions of dollars to extend unemployment benefits and other forms of pandemic relief. In response, Americans were paying down debts faster than historic norms and had higher than normal levels of savings. Those economic programs largely ended last year.
Moynihan said he still believes, as he’s said in previous interviews, that overall the American consumer is still in good shape and able withstand the economic turbulence. He says Americans who have a fixed-rate mortgage largely have locked in low borrowing costs and that credit card balances, while climbing, are still lower as a percentage of household income.
“We see no deterioration in consumer behavior from the beginning of the year until now,” he said. He did say there’s been some slowdown in the amount of money Americans are saving, which is likely due to rising costs.
Moynihan said companies are still raising wages as well, which is helping Americans cope. Bank of America itself has raised wages to help its 200,000-plus employees counter rising costs. The company gave raises to employees making less than $100,000 of as much as 7%, depending on longevity. That does not include the company’s typical merit raise cycle as well.
“(The raises) are helping people deal with this,” he said.
___
AP Financial Literacy Writer Adriana Morga contributed to this report from New York. | https://cw33.com/business/ap-business/bofa-ceo-struggling-americans-feel-they-are-in-a-recession/ | 2022-08-17T23:34:48Z |
BUDAPEST, Hungary (AP) — Formula One’s former race director Michael Masi has described the abuse he received on social media following last season’s controversial call at the season-ending Abu Dhabi Grand Prix.
Red Bull driver Max Verstappen won his first world title after overtaking Mercedes’ Lewis Hamilton on the last lap following a heavily disputed restart procedure.
Hamilton led comfortably until a crash by Nicholas Latifi brought out the safety car with five laps remaining. Verstappen stopped under yellow flags for fresher tires, and Masi flipped his decision and let the five lapped drivers separating Verstappen from Hamilton pass the safety car under yellow. But not all eight, which would have taken longer.
Governing body FIA concluded Masi had made a “human error ” but acted in good faith. Masi was replaced in his role and then left the FIA entirely three weeks ago to relocate back to Australia.
In an interview with Australia’s NewsCorp, the 44-year-old Australian recalled feeling like “the most hated man in the world” as he revealed the level of hostility he endured online via hundreds of toxic messages.
“They were shocking. Racist, abusive, vile, they called me every name under the sun. And there were death threats. People saying they were going to come after me and my family,” Masi said in the interview. “And they kept on coming. Not just on my Facebook but also on my LinkedIn, which is supposed to be a professional platform for business. It was the same type of abuse.”
The interview Masi gave to the Sunday Telegraph carried screenshots of some of the messages, with Masi saying he was relieved not to have more social media platforms where people could attack him.
“Thankfully, I don’t have an Instagram account. Or Twitter, I don’t have any of that,” Masi said. “Being old-school I do however have Facebook, which I used to stay in touch with family and friends. I opened my messages that night to check in with them. I did not know I could receive them from people I did not know. But I was wrong. I was confronted with hundreds of messages.”
Masi tried initially to blank out all of it.
“I just thought I would ignore it and get on with it because I knew it could take me to a very dark place. I tried to cut myself off mentally and I thought I could,” he said. “I mostly kept it all to myself … The FIA knew but I think I downplayed it all to everyone, including them.”
But the toll on Masi’s mental health was already considerable.
“I remember walking down the street in London a day or two later. I thought I was okay until I started looking over my shoulder,” he said. “I was looking at people and wondering if they were going to get me.”
He fought a private inner battle as he dealt with the abuse in his own way.
“I only talked to my close family — but only briefly. I also lost my appetite,” he said. “It did have a physical effect but it was more mental. I just wanted to be in a bubble. I just wanted to be alone, which was very challenging.”
Red Bull team principal Christian Horner told The Associated Press in a recent interview that Masi had been treated terribly and the criticism was deeply unfair.
“To me that was tantamount to bullying. He was hung out to dry by a couple of teams, and I think that’s absolutely not right,” Horner told the AP. “It’s unacceptable, the guy is getting threats towards his family and so on.”
Masi regrets not seeking professional help.
“I probably should have,” he said. “I should have gone and spoken to someone in a professional sense. But in saying that, I had some amazing people around me that could see it and were checking in daily. I was super fortunate to have that support network.”
Masi is not able to talk about the decision itself because of a non-disclosure agreement with the FIA.
“The whole experience has made me a much stronger person,” he said. “I have just had the longest break in my professional career and I have used that time to reconnect with family and friends. I have also done all that self-maintenance you can neglect when you are in the grind.”
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ex-f1-race-director-masi-says-he-received-death-threats/ | 2022-07-31T16:08:20Z |
DETROIT (AP) — Tony Finau shot a 7-under 65 on Saturday to match Taylor Pendrith at 21-under 195 with a round left in the Rocket Mortgage Classic.
The 3M Open winner last week in Minnesota, Finau is trying to become the first to win consecutive regular-season tournaments in three years.
A stroke a ahead entering the round, Pendrith birdied four of the last five holes for a 66.
Rookie of the year front-runner Cameron Young (65) was four strokes back. He matched the Detroit Golf Club record with a 63 on Friday.
Stephan Jaeger was five shots back after a 65.
Patrick Cantlay, No. 4 in the world ranking, was six shots behind after a 66.
Pendrith was the second-round leader after setting the tournament 36-hole record at 15-under 129.
The 31-year-old PGA Tour rookie from Canada missed nearly four months this year with a broken rib,.
The duel in Detroit seemed like match play with Pendrith and Finau taking turns pulling and falling into ties and moving ahead.
Pendrith opened with 6-foot birdie putt to take a two-shot lead. Finau pulled within a stroke on the next hole, making a 20-foot chip from the greenside rough for birdie.
“Stay hot, Tony!” a fan shouted.
Pendrith, who had his share of fans back home in Ontario, looked cool as calm as he bumped fists with two young boys as he walked to the third tee.
Finau pulled into the lead with a 15-foot putt at No. 3, then Pendrith pulled his 3-foot putt to miss an opportunity to stay ahead.
Pendrith’s errant tee shot to the left on the par-5 631-yard fourth hole put him in the No. 6 greenside rough, leaving him behind several towering tees in his path to the green. He he hit a shot 104 yards to the hole, an approach within 16 feet and made the putt to restore his one-stroke lead.
Pendrith took a two-stroke lead at No. 6, making a 7-foot putt that curled in the right side.
Finau equaled Pendrith at 18 under at the turn after making birdies at Nos. 7 and 8 while Pendrith missed a 1-foot putt and make bogey on the ninth hole.
Pendrith ended up behind a tree again at No. 13, forcing him to chip back onto the fairway and leading to a bogey that dropped him him into a second-place tie with Young.
Finau took a two-shot cushion with an 8-foot birdie putt at 14.
Pendrith, who won twice on PGA Tour Canada, bounced back from his second bogey with three straight birdies to pull back into a tie with two holes to play.
Finau went ahead at 17 with a birdie, and Pendrith tied it again with a birdie on the 54th hole.
If Finau can outlast the competition to win Sunday, he will be the first to win two straight regular-season events since since Brendon Todd in 2019.
___
Follow Larry Lage at https://twitter.com/larrylage
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/tony-finau-taylor-pendrith-tied-for-rocket-mortgage-lead/ | 2022-07-31T00:55:05Z |
US hits more Russians with sanctions over Ukraine
WASHINGTON (AP) — The Biden administration on Thursday slapped sanctions on dozens of Russian and Ukrainian officials and a number of Russian companies for human rights abuses and the theft of Ukrainian grain.
The State Department said it had imposed sanctions on at least 23 officials and 31 Russian government agencies and firms for their roles in supporting Russia’s war in Ukraine. Some, but not all, of those penalized were already subject to U.S. sanctions, which include asset freezes and a ban on Americans conducting business with them.
“Those designated today — from perpetrators of violence to an official facilitating the purposeful removal of children from Ukraine — provide examples of the behavior that has become synonymous with the Government of Russia’s unprovoked war,” Secretary of State Antony Blinken said.
“The United States will continue to take actions against those who support Russia’s defense-industrial base, its violation of human rights, and its attempts to legitimize its occupation of Ukrainian territory, wherever they may be,” he said in a statement.
Among those targeted on Thursday include 17 Russian and Ukrainian officials who were said to be working for, or on behalf of, the Russian government to destabilize Ukraine. Another five people were sanctioned for participating in the alleged theft of Ukrainian grain. Many of them were appointed by Russia to local leadership positions in parts of Russian-occupied Ukraine.
Among the government agencies and companies hit with sanctions were Russia’s Main Intelligence Directorate, or GRU, which has been subject to U.S. penalties since 2016, but has since been accused of running so-called “filtration” camps through which Ukrainians have been forcibly deported.
Other companies include high-tech firms involved in Russia’s space and satellite sectors and computer companies that produce micro-processors and semiconductors used by the Russian armed forces.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/15/us-hits-more-russians-with-sanctions-over-ukraine/ | 2022-09-15T19:06:15Z |
INDIANAPOLIS, June 29, 2022 /PRNewswire/ -- Multifamily investment firm Gray Capital has closed on their acquisition of Club Meridian Apartments, a 406-unit property located in Okemos, MI just east of Lansing, MI.
Gray Capital intends to make strategic upgrades at the property, including siding and asphalt repairs, pool upgrades, re-painted balconies, new signage, and other exterior enhancements to boost the curb appeal of the property. Additionally, interior renovations like modern appliances, new flooring, and upgraded countertops will significantly increase the value of the asset and elevate its position in the rental market.
"Club Meridian is already a well-maintained property, and this solid foundation will allow us to dedicate our resources to those renovations and improvements that are most important to residents and the quality of the property itself," says Spencer Gray, President and CEO of Gray Capital.
George Tikijian, Hannah Ott, and Cameron Benz of the Indianapolis Cushman & Wakefield represented the seller in the transaction, with Gray Capital representing itself.
Club Meridian is the second property within Gray Capital's $100 million multifamily investment fund, The Gray Fund, (http://gray.fund) and follows the acquisition of Indianapolis apartment property Stonybrook Commons one month prior.
The acquisition of Club Meridian and Stonybrook Commons in 2022 adds to Gray Capital's $600+ million in assets under management and more than $1 billion in commercial real estate projects to date since its founding in 2015. For more information, please visit www.GrayCapitalLLC.com .
DISCLAIMER: This is not an offer to invest. Any investment offer will be made through a private placement memorandum.
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SOURCE Gray Capital | https://www.mysuncoast.com/prnewswire/2022/06/29/gray-capital-purchases-406-unit-apartment-property-second-asset-100m-multifamily-fund/ | 2022-06-29T20:14:52Z |
New research published in The New England Journal of Medicine reveals that people with certain genetic loss-of-function mutations have more than 50% lower risk of nonalcoholic liver disease and nonalcoholic cirrhosis
Regeneron and Alnylam have developed an siRNA therapeutic candidate targeting CIDEB that could enter clinical stages of development in the next year
Unprecedented size of Regeneron Genetics Center human sequence database – representing approximately two million individuals and growing – enables discovery of protective gene variants too rare to be previously identified
TARRYTOWN, N.Y., July 27, 2022 /PRNewswire/ -- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) announced today that scientists from the Regeneron Genetics Center® (RGC) have uncovered rare genetic loss-of-function mutations in the CIDEB gene that are associated with substantial protection from liver disease, including serious diseases such as nonalcoholic steatohepatitis (NASH) and cirrhosis. The new discovery has been published today in The New England Journal of Medicine.
"The unprecedented protective effect that these CIDEB genetic variants have against liver disease provides us with one of our most exciting targets and potential therapeutic approaches for a notoriously hard-to-treat disease where there are currently no approved treatments," said Aris Baras, M.D., Senior Vice President and Head of the Regeneron Genetics Center at Regeneron. "RGC has repeatedly demonstrated the value of large-scale genetic sequencing in identifying novel and important targets for many serious diseases and this is yet another example of how we are fueling our pipeline through genetics discovery. Our growing dataset enables us to discover more rare and more powerful protective variants with the ultimate goal of improving human health."
In the largest sequencing study to date on the genetic basis of liver health, RGC sequenced the exomes of more than 540,000 individuals across five ancestry groups and multiple cohorts, including the UK Biobank and the Geisinger Health System MyCode cohort. By analyzing this genetic data in conjunction with deidentified health records, RGC researchers found that individuals who carry loss-of-function mutations in one of two copies of the CIDEB gene had an approximately 53% reduction in the risk of nonalcoholic liver disease and approximately 54% reduction in the risk of nonalcoholic cirrhosis. The study also found that CIDEB mutations had greater protective associations in individuals with obesity or type 2 diabetes, who are traditionally at higher risk for NASH, compared to individuals without these conditions.
Therapeutics that effectively mimic these protective mutations by blocking CIDEB expression or function could, therefore, potentially help prevent or treat NASH and other forms of liver disease. Based on these findings, Regeneron has already initiated a new therapeutic program to target CIDEB utilizing collaborator Alnylam Pharmaceuticals, Inc.'s RNA interference technology which can effectively silence genes in the liver. Regeneron and Alnylam already have two other investigational gene silencing treatments for NASH identified via human genetics, targeting the PNPLA3 and the HSD17B13 genes. The HSD17B13 program, which is in early-phase human clinical trials, was initiated based on a previous RGC discovery of protective associations for mutations in the HSD17B13 gene.
"RGC's discovery of CIDEB mutations, with one of the most powerful protections from liver disease seen to date, is a milestone in our understanding of the genetic basis of this disease," said Luca A. Lotta, M.D., Ph.D., Vice President and Head of Cardiometabolic and Musculoskeletal Disease Genetics at Regeneron. "By catalyzing multiple therapeutic development programs targeting distinct genetic mechanisms of liver disease, the RGC's insights are helping Regeneron develop a diversified slate of genetically-validated targets for NASH, including HSD17B13, PNPLA3 and now CIDEB."
The CIDEB discovery represents the latest example of rare protective gene variants that were identified through the unprecedented size of the RGC large-scale database, that includes genomic data from approximately two million volunteers. Other recently published examples include the discovery of rare gene variants in the GPR75 gene that provide protection against obesity. The CIDEB and GPR75 protective genetics findings suggest that the rarer the genetic discovery, the stronger the effect on disease protection – providing promise for novel therapeutic applications.
About NASH and CIDEB
Nonalcoholic steatohepatitis (NASH) is a severe type of nonalcoholic fatty liver disease (NAFLD), which can lead to cirrhosis, a condition in which liver tissue is replaced by scar tissue, and liver failure. NASH is rapidly becoming the leading cause of liver transplant and poses a substantial unmet medical need; dozens of drug development programs have failed leaving a large treatment gap with no currently approved therapies. In the United States, it is estimated that nearly 25% of adults have NAFLD, and more than 6% have NASH.1
The CIDEB gene is most highly expressed in human liver cells, where it has been hypothesized to enable fat buildup by helping enlarge fat-storage structures called "lipid droplets" within cells. After discovering the protective association through exome sequencing and health record comparisons, scientists studied the mechanism of the protective CIDEB mutations by silencing the CIDEB gene in human cells to mimic loss of function mutations. They found that this prevented fat buildup in liver cells and resulted in smaller lipid droplets.2,3,4
About the Regeneron Genetics Center
The Regeneron Genetics Center LLC (RGC) is a wholly owned subsidiary of Regeneron Pharmaceuticals, Inc. that focuses on early gene discovery and functional genomics. The primary goal of RGC is to improve patient outcomes by identifying novel drug targets, clinical indications for development programs, and genomic biomarkers for pharmacogenomic applications. RGC is tackling large-scale sequencing and analytical approaches and has established numerous collaborations with leading human genetics researchers. To enable this large-scale sequencing and analysis program, RGC utilizes fully automated sample preparation and data processing, as well as cutting-edge cloud-based informatics.
At RGC, scientists around the globe with diverse skills and backgrounds work together to uncover the genetic basis of human disease. Their efforts have culminated in landmark discoveries like CIDEB in NASH and have led to multiple new therapeutic development programs at Regeneron across a range of therapeutic modalities. Since its inception in 2014 and through a network of over 120 collaborators globally, RGC has developed one of the largest and richest human genetics datasets in the world by sequencing around 2 million exomes.
About Regeneron
Regeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led for nearly 35 years by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to nine FDA-approved treatments and product candidates in development, almost all of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, pain, hematologic conditions, infectious diseases and rare diseases.
Regeneron is accelerating and improving the traditional drug development process through our proprietary VelociSuite® technologies, such as VelocImmune®, which uses unique genetically humanized mice to produce optimized fully human antibodies and bispecific antibodies, and through ambitious research initiatives such as the Regeneron Genetics Center, which is conducting one of the largest genetics sequencing efforts in the world.
For additional information about the company, please visit www.regeneron.com or follow @Regeneron on Twitter.
Forward Looking Statements and Use of Digital Media
This press release includes forward-looking statements that involve risks and uncertainties relating to future events and the future performance of Regeneron Pharmaceuticals, Inc. ("Regeneron" or the "Company"), and actual events or results may differ materially from these forward-looking statements. Words such as "anticipate," "expect," "intend," "plan," "believe," "seek," "estimate," variations of such words, and similar expressions are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. These statements concern, and these risks and uncertainties include, among others, the impact of SARS-CoV-2 (the virus that has caused the COVID-19 pandemic) on Regeneron's business and its employees, collaborators, and suppliers and other third parties on which Regeneron relies, Regeneron's and its collaborators' ability to continue to conduct research and clinical programs, Regeneron's ability to manage its supply chain, net product sales of products marketed or otherwise commercialized by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Products"), and the global economy; the nature, timing, and possible success and therapeutic applications of Regeneron's Products and product candidates being developed by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Product Candidates") and research and clinical programs now underway or planned, including without limitation the use of human genetics in Regeneron's research and any potential therapeutics targeting the CIDEB gene mutations discussed in this press release for protection from nonalcoholic steatohepatitis ("NASH") and cirrhosis; the extent to which the results from the research and development programs conducted by Regeneron and/or its collaborators or licensees (including those discussed in this press release) may be replicated in other studies and/or lead to advancement of product candidates to clinical trials, therapeutic applications, or regulatory approval; uncertainty of the utilization, market acceptance, and commercial success of Regeneron's Products and Regeneron's Product Candidates and the impact of studies (whether conducted by Regeneron or others and whether mandated or voluntary), including the studies investigating gene silencing treatments for NASH targeting the PNPLA3 and the HSD17B13 genes referenced in this press release, on any of the foregoing or any potential regulatory approval of Regeneron's Products and Regeneron's Product Candidates; the likelihood, timing, and scope of possible regulatory approval and commercial launch of Regeneron's Product Candidates and new indications for Regeneron's Products; the ability of Regeneron's collaborators, licensees, suppliers, or other third parties (as applicable) to perform manufacturing, filling, finishing, packaging, labeling, distribution, and other steps related to Regeneron's Products and Regeneron's Product Candidates; the ability of Regeneron to manufacture and manage supply chains for multiple products and product candidates; safety issues resulting from the administration of Regeneron's Products and Regeneron's Product Candidates in patients, including serious complications or side effects in connection with the use of Regeneron's Products and Regeneron's Product Candidates in clinical trials; determinations by regulatory and administrative governmental authorities which may delay or restrict Regeneron's ability to continue to develop or commercialize Regeneron's Products and Regeneron's Product Candidates; ongoing regulatory obligations and oversight impacting Regeneron's Products, research and clinical programs, and business, including those relating to patient privacy; the availability and extent of reimbursement of Regeneron's Products from third-party payers, including private payer healthcare and insurance programs, health maintenance organizations, pharmacy benefit management companies, and government programs such as Medicare and Medicaid; coverage and reimbursement determinations by such payers and new policies and procedures adopted by such payers; competing drugs and product candidates that may be superior to, or more cost effective than, Regeneron's Products and Regeneron's Product Candidates; unanticipated expenses; the costs of developing, producing, and selling products; the ability of Regeneron to meet any of its financial projections or guidance and changes to the assumptions underlying those projections or guidance; the potential for any license, collaboration, or supply agreement, including Regeneron's agreements with Sanofi, Bayer, and Teva Pharmaceutical Industries Ltd. (or their respective affiliated companies, as applicable), as well as Regeneron's collaboration with Alnylam Pharmaceuticals, Inc. referenced in this press release, to be cancelled or terminated; and risks associated with intellectual property of other parties and pending or future litigation relating thereto (including without limitation the patent litigation and other related proceedings relating to EYLEA® (aflibercept) Injection, Dupixent® (dupilumab), Praluent® (alirocumab), and REGEN-COV® (casirivimab and imdevimab)), other litigation and other proceedings and government investigations relating to the Company and/or its operations, the ultimate outcome of any such proceedings and investigations, and the impact any of the foregoing may have on Regeneron's business, prospects, operating results, and financial condition. A more complete description of these and other material risks can be found in Regeneron's filings with the U.S. Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2021 and its Form 10-Q for the quarterly period ended March 31, 2022. Any forward-looking statements are made based on management's current beliefs and judgment, and the reader is cautioned not to rely on any forward-looking statements made by Regeneron. Regeneron does not undertake any obligation to update (publicly or otherwise) any forward-looking statement, including without limitation any financial projection or guidance, whether as a result of new information, future events, or otherwise.
Regeneron uses its media and investor relations website and social media outlets to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Regeneron is routinely posted and is accessible on Regeneron's media and investor relations website (http://newsroom.regeneron.com) and its Twitter feed (http://twitter.com/regeneron).
Media Contact:
Ella Campbell
Tel: +1 (914) 572-4003
ella.campbell@regeneron.com
Investors:
Vesna Tosic
Tel: +1 (914) 847-5443
vesna.tosic@regeneron.com
1 Younossi ZM, Koenig AB, Abdelatif D, Fazel Y, Henry L, Wymer M. Global epidemiology of nonalcoholic fatty liver disease—meta-analytic assessment of prevalence, incidence, and outcomes. Hepatology. 2016;64(1):73–84.
2 Ye J, Li JZ, Liu Y, et al. Cideb, an ER- and lipid droplet-associated protein, mediates VLDL lipidation and maturation by interacting with apolipoprotein B. Cell Metab 2009;9:177-90.
3 Li X, Ye J, Zhou L, Gu W, Fisher EA, Li P. Opposing roles of cell death-inducing DFF45-like effector B and perilipin 2 in controlling hepatic VLDL lipidation. J Lipid Res 2012;53:1877-89.
4 Li JZ, Ye J, Xue B, et al. Cideb regulates diet-induced obesity, liver steatosis, and insulin sensitivity by controlling lipogenesis and fatty acid oxidation. Diabetes 2007;56:2523-32.
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SOURCE Regeneron Pharmaceuticals, Inc. | https://www.kxii.com/prnewswire/2022/07/27/regeneron-genetics-center-discovers-rare-mutations-cideb-gene-that-protect-against-liver-disease/ | 2022-07-27T21:50:11Z |
MONTREAL, April 4, 2022 /PRNewswire/ - Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty vehicles, announced today that it has received an order for 50 all-electric LionC school buses from Autobus Campeau in the province of Quebec, with deliveries to begin by the first quarter of 2023.
The new buses will be used on school routes in the Brownsburg-Chatham, Gatineau and Rigaud regions and are in addition to the LionC which Autobus Campeau has been operating in their school bus fleet since 2016.
"We're quite pleased to continue our collaboration with Autobus Campeau.This new order is proof that the future of school transportation is electric and we're proud to continue our collaboration with an important transportation provider like Autobus Campeau," said Benoit Morin, Vice-President Bus Sales – Canada at Lion Electric.
"We're proud to continue electrifying our fleet with Lion vehicles and we are seeing the benefits of driving electric in our operations, with our drivers and with the students we transport every day," concluded Jonathan Lauzon, Autobus Campeau's General Manager.
About Lion Electric
Lion Electric is an innovative manufacturer of zero emission vehicles. We think, design and manufacture all-electric, class 5 to class 8 commercial urban trucks and all-electric buses and minibuses for the school, paratransit and mass transit segments. Lion is a North American leader in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies.
Always actively seeking new and reliable technologies, Lion vehicles have unique features that are specifically adapted to its users and their everyday needs. We believe that transitioning to all-electric vehicles will lead to major improvements in our society, environment and overall quality of life. Lion shares are traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol LEV.
Lion Electric, the brilliant choice
Thelionelectric.com
About Autobus Campeau
Autobus Campeau has been a road transport company since 1961. Our mission is to provide reliable, safe and competitive road passenger transport solutions by continually innovating to achieve our vision of becoming the leader in road passenger transport in Canada.
Our values are loyalty, integrity, diligence, concern for safety, respect and innovation.
Our main activity is school bus transportation. We also offer paratransit, interurban and charter services for schoolchildren, as well as for any other individuals or groups.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable securities laws. Any statements contained in this press release that are not statements of historical fact, including statements about Lion's beliefs and expectations, are forward-looking statements and should be evaluated as such. Forward-looking statements may be identified by the use of words such as "believe," "may," "will," "continue," "anticipate," "intend," "expect," "should," "would," "could," "plan," "project," "potential," "seem," "seek," "future," "target" or other similar expressions and any other statements that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words.
The Company made a number of economic, market and operational assumptions in preparing and making certain forward-looking statements contained in this press release including, but not limited to, that Lion will be able to retain and hire key personnel and maintain relationships with customers, suppliers and other business partners, that Lion will continue to operate its business in the normal course, that Lion will be able to implement its growth strategy, that Lion will be able to successfully and timely complete the construction of its U.S. manufacturing facility and its Quebec battery plant and innovation centre, that Lion will not suffer any material disruption in the supply of raw materials on competitive terms, that Lion will be able to maintain its competitive position, that Lion will continue to improve its operational, financial and other internal controls and systems to manage its growth and size and that its results of operations and financial condition will not be adversely affected, that Lion will be able to benefit, either directly or indirectly (including through its clients), from government subsidies and economic incentives in the future and that Lion will be able to secure any required additional funding through equity or debt financing on terms acceptable to Lion. Such estimates and assumptions are made by Lion in light of the experience of management and their perception of historical trends, current conditions and expected future developments, as well as other factors believed to be appropriate and reasonable in the circumstances. However, there can be no assurance that such estimates and assumptions will prove to be correct.
By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Lion believes that these risks and uncertainties include, but are not limited to, the following: any adverse changes in the U.S. and Canadian general economic, business, market, financial, political and legal conditions, including as consequences of the global COVID-19 pandemic and the emergence of COVID-19 variants and varying rates of vaccination amongst various countries; Lion's inability to successfully and economically manufacture and distribute its vehicles at scale and meet its customers' business needs; Lion's reliance on key management and any inability to attract and/or retain key personnel; Lion's inability to execute its growth strategy; Any unfavourable fluctuations and volatility in the price of raw materials included in key components used to manufacture Lion's products; Lion's reliance on key suppliers and any inability to maintain an uninterrupted supply of raw materials; Lion's inability to maintain its competitive position; Lion's inability to reduce its costs of supply over time; any inability to maintain and enhance Lion's reputation and brand; any significant product repair and/or replacement due to product warranty claims or product recalls; any failure of information technology systems or any cybersecurity and data privacy breaches or incidents; the reduction, elimination or discriminatory application of government subsidies and economic incentives or the reduced need for such subsidies; natural disasters, epidemic or pandemic outbreaks, boycotts and geo-political events; the outcome of any legal proceedings that may be instituted against the Company from time to time.
These and other risks and uncertainties related to the businesses of Lion are described in greater detail in the section entitled "Risk Factors" not related to an investment in the Company's final prospectus dated May 5, 2021 (the "Canadian Prospectus") filed with the Autorité des marchés financiers (the "AMF") and the registration statement on Form F-1 (the "Registration Statement") filed with the Securities and Exchange Commission (the "SEC") and declared effective on June 14, 2021 and other documents publicly filed with the AMF and the SEC. Many of these risks are beyond Lion's management's ability to control or predict. All forward-looking statements attributable to Lion or persons acting on its behalf are expressly qualified in their entirety by the cautionary statements contained, and risk factors identified, in the Canadian Prospectus, the Registration Statement and other documents filed with the AMF and the SEC.
Because of these risks, uncertainties and assumptions, readers should not place undue reliance on these forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. Except as required under applicable securities laws, Lion undertakes no obligation, and expressly disclaims any duty, to update, revise or review any forward-looking information, whether as a result of new information, future events or otherwise.
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SOURCE Lion Electric | https://www.kxii.com/prnewswire/2022/04/04/lion-electric-receives-order-50-100-electric-school-buses-groupe-campeau/ | 2022-04-05T01:23:51Z |
HERNDON, Va., July 25, 2022 /PRNewswire/ -- Constellis joint venture Northern New Mexico Integrated Security (N2MIS) was awarded a $592 million five-year contract for protective services. N2MIS was selected by Triad National Security, LLC (Triad), the Maintenance and Operations provider for the Los Alamos National Laboratory (LANL), on behalf of the U.S. Department of Energy's National Nuclear Security Administration (NNSA). Triad awarded the contract on July 13, 2022, and services will commence on October 1, 2022.
The N2MIS Joint Venture consists of Centerra Group, a Constellis company, and Tsay Construction and Services. N2MIS provides a highly experienced and qualified team, ensures continuity of service, improves tribal participation and economic opportunities for Native Americans, and continues our long-term investment in the LANL mission, global security concerns, and the communities we serve.
N2MIS will provide protective force and training at LANL, working with Triad to ensure mission success and protection of critical assets with strategic national importance. The new contract includes a five-year base with two one-year options, reaffirms long-term commitment, and maintains the company's long-standing DOE portfolio.
"We are proud to partner with Tsay to continue our work supporting the U.S. Government and the Department of Energy," said Gerard "Jerry" Neville, President of North American Operations at Constellis. "Constellis companies have supported DOE for the past six decades, and we are excited to provide a highly-trained protective force at LANL."
"As a global leader providing high-end security services, N2MIS will be part of the Constellis enterprise that provides a full spectrum of turnkey security solutions to our customers," said Terry Ryan, Chief Executive Officer of Constellis. "We are honored Triad has given us the opportunity to secure LANL's mission with the Department of Energy."
About Constellis
In an ever-changing and complex world, security concerns are paramount. Enhanced security requires education, training, and specialized skills. Constellis provides end-to-end risk management and comprehensive security solutions to safeguard people and infrastructure globally. Our team of strategic problem solvers has a steadfast moral compass and unwavering dedication to creating a safer world. Constellis is committed to the success of our customers and partners.
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SOURCE Constellis | https://www.kxii.com/prnewswire/2022/07/25/n2mis-constellis-company-joint-venture-wins-592m-protective-services-contract-los-alamos-national-laboratory/ | 2022-07-25T14:35:46Z |
The CUNY Graduate School of Public Health and Health Policy (CUNY SPH) Foundation appoints national health innovator to its Board of Directors.
NEW YORK, June 21, 2022 /PRNewswire/ -- The CUNY Graduate School of Public Health and Health Policy (CUNY SPH) has appointed Dr. Daniel Knecht, Chief Clinical Innovation Officer (CCIO) at CVS Caremark, to its Foundation Board of Directors.
"Dr. Knecht brings to our Board an extraordinary perspective as a practicing medical professional who is also driving national access to consumer-focused knowledge and health solutions," said CUNY SPH Dean Ayman El-Mohandes. "As advocates for public health, we are excited to collaborate on initiatives that are effective and empathetic."
In his role at CVS Caremark, the pharmacy benefit manager of CVS Health, Dr. Knecht works with clients and the product team to identify unmet needs in the marketplace and accelerate innovation to improve health outcomes and better manage costs.
"At a time when public health plays a crucial role in bridging inequities that have been deepened by the pandemic, we are delighted to welcome Dr. Knecht whose insights and expertise will be valuable to this mission," said Lyndon Haviland, CUNY SPH Board Chair.
"Dr. Knecht is on the leading edge of bringing affordable health care to the lives of consumers across the nation," said Adam M. Doyno, CUNY SPH Foundation Executive Director and Director of Development. "We are immensely proud to have him on our Board."
Prior to this role, Dr. Knecht served as VP of Clinical Product where he drove clinical product development across all major CVS Health business lines to develop and execute clinical strategies that address unmet health needs. Since joining the company in 2016, Dr. Knecht has led a series of enterprise-wide strategic initiatives including the company's efforts to combat opioid misuse and addiction. As part of the combined organization, his team focused on leveraging data analytics and enterprise assets to provide actionable insights for patients and providers that increase value of care.
Dr. Knecht graduated with honors from Dartmouth College and received a joint MD, MBA from Weill Cornell Medical College and Johnson Graduate School of Management where he was a recipient of the Lee Family Scholarship. He is a Fulbright Scholar in medical sciences and has performed research that explored health care deficiencies in the Negev region of Israel. Dr. Knecht is also an associate clinical professional at Mount Sinai West in New York City where he still sees patients.
CVS Caremark works with employers, health plans, unions and state and local governments nationwide. It manages prescription plans that help control costs while ensuring access, and provides consumers with tools, services and support.
For media inquiries contact:
Ariana Costakes
Communications Editorial Manager
CUNY Graduate School of Public Health and Health Policy
ariana.costakes@sph.cuny.edu
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SOURCE CUNY SPH | https://www.kxii.com/prnewswire/2022/06/21/cuny-sph-foundation-board-welcomes-cvs-caremark-ccio-dr-daniel-knecht/ | 2022-06-21T19:58:27Z |
The company gears to further expand its global footprint to fulfil the accelerating demand for industrial automation
CHENNAI, India, July 14, 2022 /PRNewswire/ -- Detect Technologies, a leading AI-based SaaS enterprise, announced today that it raised $28 Mn in primary and secondary funding. Detect Technologies provides cloud-based applications to industries to automate and enhance visibility of industrial risks and improve productivity. Prosus Ventures led this round with significant participation from existing investors Accel and Elevation Capital, and continued support from other existing investors—Shell Ventures, Bharat Innovation Fund and Bluehill Capital.
Detect Technologies has grown rapidly to become a leading industrial AI and SaaS enterprise. The company will utilize this capital to further expand and strengthen its sales and operations across international markets in North America and Europe. Operating in the fast-evolving space of AI, the company has also allocated funds for enriching its product suite.
"Our vision is to provide actionable intelligence to help industries mitigate their risks while achieving their business objectives sustainably. I am happy that our customers are reporting fewer HSE incidents and reduced unplanned downtimes with increased productivity levels. We are grateful for the confidence bestowed upon us by our investors, and look forward to accelerating our market expansion," said Daniel Raj David, CEO and Co-founder of Detect Technologies.
Ashutosh Sharma, Head of Investments, India, at Prosus Ventures, shared, "Frontline worker safety and asset productivity are massive unsolved global problems, with significant financial and ESG-related implications. Detect team has done a phenomenal job in building a machine learning based, plug & play cloud solution to automate detection of safety violations on a near real-time basis, which is reflected in their market leadership, quality of logos and the recent as well as expected scale up in the business. At Prosus Ventures, we are committed to back SaaS companies building truly unique solutions to solve real world problems at scale. We are excited to participate in Detect's next phase of growth and work closely with the founders to support their ambition to become global leaders in industrial automation solutions."
Industries are actively exploring comprehensive solutions to automate their risk identification and reporting functions. Detect's client portfolio is growing globally across various industrial sectors. Increased visibility and actionable insights are helping organizations reduce their non-compliance to boost productivity and throughput.
"The industrial sectors have historically been challenged with lack of real-time data and insights to mitigate safety issues and loss of revenue from unplanned shutdowns. Detect has been at the forefront of solving these issues in very large installations for very large customers, globally. At Accel, we continue to remain excited with the strides that the company has made in the year since we partnered with them and continue to deepen this relationship," added Barath Shankar Subramanian, Partner, Accel.
Detect will be expanding their customer base in North America. The company has established a presence in Houston, TX as their North American headquarters and have signed multi-year global contracts with Fortune 500 industries.
Mridul Arora, Partner, Elevation Capital, shared, "We're delighted to further cement our relationship with Detect in the next phase of their journey. Not only do they have a world-class tech platform, they have also supplemented it with a strong execution muscle. Their enterprise wide partnerships with Shell and multiple other global conglomerates are testimony to the quality of their solution and the high regard the industry holds them in. We are sure that the best is yet to come for Daniel, Tarun and team Detect."
About Detect Technologies
Detect Technologies is an enterprise tech SaaS company that provides intelligence to Industries for mitigating high-consequence risks through a suite of cloud-based AI powered applications. Detect has created a vast library of AI applications that mine out actionable insights from structured and un-structured data. These insights have helped industries improve workplace safety, monitor work processes effectively, increase visibility of external risks on their infrastructure, and improve productivity.
Website link: www.detecttechnologies.com
Photo: https://mma.prnewswire.com/media/1858606/Detect_Founders.jpg
Logo: https://mma.prnewswire.com/media/1858607/Detect_Logo.jpg
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SOURCE Detect Technologies | https://www.wibw.com/prnewswire/2022/07/14/industrial-ai-enterprise-detect-technologies-raises-28mn-series-b-funding-led-by-prosus-ventures/ | 2022-07-14T11:32:15Z |
PITTSBURGH, Sept. 5, 2022 /PRNewswire/ -- "As an apprentice, I needed a better way to secure and hold a length of pipe for cutting," said an inventor, from Countryside, Ill., "so I invented the PIPE SADDLE. My design would eliminate the need to hold the pipe across your leg or in the air and it enables you to make clean, accurate cuts."
The invention provides a secure way to hold a length of pipe for cutting. In doing so, it prevents the pipe from shifting or moving. As a result, it increases safety and efficiency and it saves time and effort. The invention features a practical and durable design that is easy to use so it is ideal for laborers, tradespeople and DIY enthusiasts. Additionally, it is producible in design variations.
The original design was submitted to the Chicago sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CLR-139, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/09/05/inventhelp-inventor-develops-safe-amp-secure-way-hold-pipe-cutting-clr-139/ | 2022-09-05T15:28:35Z |
HOUSTON, Aug. 17, 2022 /PRNewswire/ -- Production Lending recently closed and funded a $35,000,000 loan to a private, Midland-based oil and gas company. Proceeds from the loan will be used to drill and complete six horizontal wells in the northern Midland Basin, where the company has already successfully drilled and completed several wells on its acreage.
Production Lending's investment will allow the company to expedite the development of its large acreage position and take advantage of high commodity prices. The loan was structured to provide the company with flexibility around principal payments, additional development proceeds and early prepayment of the facility.
Production Lending is a Houston, TX based firm focused on secured debt investment opportunities in small, private, US-onshore oil and gas companies. It is owned and run by two former energy bankers, Abhishek Kumar and Ryan Childs, who have underwritten financing transactions worth more than $60 billion over their careers. Their business specializes in providing growth and acquisition financing in the form of short-term bridge capital and longer tenor debt and preferred equity investments throughout United States.
Since August 2016, Production Lending has funded 28 debt transactions for a total capital commitment of more than $105 million, along with an additional 12 preferred equity transactions worth more than $15 million. The firm specializes in providing growth and acquisition financing in the form of short-term bridge capital, longer tenor debt and preferred equity investments throughout the U.S. More information about Production Lending can be found at www.productionlending.com.
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SOURCE Production Lending, LLC | https://www.wibw.com/prnewswire/2022/08/17/production-lending-closes-35-million-debt-investment-private-oil-gas-company-permian-basin/ | 2022-08-17T15:18:01Z |
Woman wakes up to stranger’s dog sleeping in her bed
ATLANTA (WGCL/Gray News) - Imagine waking up in the morning and snuggling your dog, only to open your eyes and realize that the dog you are laying next to isn’t yours. That’s exactly what happened to one Polk County, Tennessee, woman whose story has since gone viral.
Julie Thornton Johnson says it’s normal for one of her three dogs to sleep in her bed. But one morning, as daylight creeped in, she awoke to find someone else’s dog snuggling up with her, WGCL reported.
Johnson said she had no idea how the dog got into her house, so she posted a picture of the pup to social media asking around.
The story caught the attention of the dog’s owner, Cris Hawkins, who lives a few houses down. Hawkins reached out to Johnson explaining that the dog, whose name is Nala, must have slipped her collar in the middle of the night and ran down the street, somehow making it into Johnson’s house and, eventually, her bed.
Both Hawkins and Johnson seemed amused by the situation, noting how comfortable Nala looked.
“Good luck getting her out of my bed,” she wrote.
Copyright 2022 WGCL via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/09/woman-wakes-up-strangers-dog-sleeping-her-bed/ | 2022-05-09T13:10:54Z |
Workshops and Programs Will Discuss and Showcase the Innovations that Deliver Content to the Metaverse
CHICAGO, Aug. 8, 2022 /PRNewswire/ -- SIGGRAPH 2022 delves into the evolution and advancements in technology for the metaverse. Several programs across the conference will explore the current state and future possibilities in this virtual universe. Conversations and workshops will be held to assist in creating content for the metaverse; while leading experts touch on the experiences, and other metaverse-related ideas, from discussions on interoperability, workshops on 3D modeling, and even tackling potential challenges in this environment. The 49th annual conference will run 8–11 August in person, with on-demand sessions available virtually 25 July–31 October 2022.
The metaverse, once considered a hypothetical virtual world, is now an immersive network of 3D worlds focused on social interaction. Advancements in technologies, including augmented and virtual reality, have made it easier to connect users in both these remote and 3D worlds. But how does an interactive experience affect one's life in the metaverse? What will happen to how people socialize, work, learn, and play? How does it affect various industries such as art, gaming, fashion, healthcare, or movies?
At SIGGRAPH 2022, the metaverse will be the focus of many panels, courses, and hands-on workshops. Topics covered include how computer graphics deals with the mechanics of the human body, the sense of touch with physical hardware in a spatial environment, and even neural network algorithms in art. Programs including: Appy Hour, Art Papers, Birds of a Feather, Courses, Educator's Forum, Emerging Technologies, Featured Speakers, Frontiers, Immersive Pavilion, Panels, Real-Time Live!, and Talks, will address these subjects.
"I believe SIGGRAPH 2022 is the ideal place to talk about the metaverse, discuss what is happening now, and exchange ideas as to what is possible," said Munkhtsetseg Nandigjav, SIGGRAPH 2022 Conference Chair. "Our community is made up of creators and innovators. We want to further these discussions and promote how this experience will potentially change lives. We contribute to the variations and transformations occurring in this virtual world, and we can empower these creators to make an impact for the better."
Highlights that will cover the metaverse include:
[Frontiers Workshop] Challenges to Unlock the Metaverse: Haptics, Gaze, Prototyping Tools, & More!
Contributors: Pedro Lopes, University of Chicago; Michael Nebeling, University of Michigan; Shan-Yuan Teng, University of Chicago; Mark Billinghurst, Empathic Computing Lab, The University of Auckland; Yudai Tanaka, University of Chicago
Advances in augmented and virtual reality have paved the way for a new type of user interface that can connect users remotely via spatial interactions: the metaverse. This workshop will deep dive into some of the roadblocks to unlock the potential of the metaverse. These include integrating haptic sensations, integrating gaze and attention into user interfaces, and accelerating the prototyping of metaverse experiences.
[Panel] Privacy, Safety, and Wellbeing: Solutions for the Future of AR and VR
Moderator: Callie Holderman, Snap Inc.; Panelists: Eakta Jain, University of Florida; Michael Running Wolf, Northeastern University; and Liv Erickson, Mozilla
There have been many discussions about the metaverse as a construct and how it will be populated, while issues such as privacy and safety have not been brought up. This panel touches on these topics.
[Birds of a Feather] The Web3D Ecosystem and the Metaverse
Contributor: Anita Havele, Web3D Consortium
This session features a discussion on how technology contributes to the metaverse. From interactive real-time 3D to mixed reality and humanoid animation, everything done in 3D is significant to an open metaverse. See the scaling expertise in 3D, modeling and simulation, geospatial, augmented reality, and web audio toward an open, interoperable metaverse.
[Courses] Building the Open Metaverse: Part I
Contributors: Patrick Cozzi, Cesium; Marc Petit, Epic Games; Neal Stephenson, Lamina1; Rev Lebaredian, NVIDIA; Natalya Tatarchuk, Unity; Steve May, Pixar Animation Studios
This session features an introduction to the concepts and building blocks for the open metaverse, covering the current state and potential future directions, including: 3D-first computing, interoperability, game engine ecosystems, the evolution of content creation, and scaling users and worlds. The themes of openness and collaboration are woven throughout all the topics.
[Immersive Pavilion] Journal of My Journey: Seamless Interaction in Virtuality and Reality with Digital Fabrication and Sensory Feedback
Contributors: Miguel Ying Jie Then, Ching Lui, Yvone Tsai Chen, Zin Yin Lim, Ping Hsuan Han, National Taipei University of Technology
Journal of My Journey is a work that explores the possibilities of integrating seamless interactions in virtuality and reality. The choices users make in the virtual world can be output to the real world, thus enhancing the connection between reality and the virtual world.
Access to the various metaverse presentations and workshops at SIGGRAPH 2022 are available in person and online. Learn more and register for the conference at s2022.SIGGRAPH.org/register.
ACM, the Association for Computing Machinery, is the world's largest educational and scientific computing society, uniting educators, researchers, and professionals to inspire dialogue, share resources, and address the field's challenges. ACM SIGGRAPH is a special interest group within ACM that serves as an interdisciplinary community for members in research, technology, and applications in computer graphics and interactive techniques. The SIGGRAPH conference is the world's leading annual interdisciplinary educational experience showcasing the latest in computer graphics and interactive techniques. SIGGRAPH 2022, the 49th annual conference hosted by ACM SIGGRAPH, will take place as a hybrid event, with live events 8–11 August at the Vancouver Contention Centre and virtual content available starting 25 July through 31 October. Click here for news from the conference and its partners.
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SOURCE SIGGRAPH | https://www.wibw.com/prnewswire/2022/08/08/explore-metaverse-with-advancements-technology-see-what-is-possible-siggraph-2022/ | 2022-08-08T15:20:52Z |
Cristin Milioti stars in the new show, “The Resort,” which comes from the creator, Andy Siara, who also created the show” Palm Springs,” that features Milioti as well.
“The Resort” takes place in Mexico and it is about a couple who is on their 10th wedding anniversary and they are stuck in a bit of a marriage rut. The couple gets entangled in the disappearance of two kids who went missing 15 years prior to them being at the resort and they have no idea what they are in for as the mystery becomes bigger then they had ever imagined.
Milioti stated it was a blast making the movie and she parted with some amazing memories of working with “one of the best cast” she has ever worked with.
You can stream ‘The Resort’ on Peacock or you watch the first episode airing on NBC tonight at 9 p.m..
This segment aired on the KTLA 5 Morning News on Aug. 24, 2022. | https://cw33.com/entertainment-news/cristin-milioti-talked-about-her-time-on-making-her-new-show-the-resort/ | 2022-08-24T20:26:52Z |
Acquisition of Air Liquide Al Khafrah Industrial Gases includes liquid bulk, packaged gases and specialty gases and builds on prior acquisitions of Air Liquide's industrial merchant gas assets in the region
LEHIGH VALLEY, Pa., Sept. 12, 2022 /PRNewswire/ -- Abdullah Hashim Industrial Gases & Equipment Co. Ltd. (AHG)―Air Products' merchant industrial gas joint venture in the Kingdom of Saudi Arabia―today announced the acquisition of Air Liquide Al Khafrah Industrial Gases (ALKIG), Air Liquide's industrial merchant gases business in the Kingdom of Saudi Arabia, including liquid bulk, packaged gases and specialty gases. Financial terms are not being disclosed.
Commenting on the acquisition, Mr. Khalid Hashim, managing director, AHG said: "We are proud to have Air Products as our partner in the Kingdom. The relationship between our companies has never been stronger and continues to thrive. In acquiring this business from Air Liquide, we strengthen our capabilities even further and as we continue to grow, our customers will reap the benefits in service from a passionate local business with a strong global partnership. We welcome the talented and dedicated people who have joined our organization and the enthusiasm and expertise they bring to serving our customers."
"This acquisition, through AHG, supports our continued growth strategy for the region and builds on decades of experience working alongside and serving customers in the Middle East," commented Mr. Hamid Sabzikari, vice president and general manager, Air Products Industrial Gases Middle East, Egypt and Turkey.
In January 2022, Air Products successfully concluded the acquisition of Air Liquide's industrial merchant gases business in United Arab Emirates, including liquid bulk, packaged gases and specialty gases; and Air Liquide's majority share in Middle East Carbon Dioxide W.L.L. (MECD), for a liquid carbon dioxide production facility in Bahrain. Air Products continues to demonstrate its commitment to the Middle East, growing its industrial gas business, expanding regional capabilities and strengthening product sourcing and reliability to better serve customers.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low- and zero-carbon hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of over $55 billion. More than 20,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
About Abdullah Hashim Industrial Gases & Equipment (AHG)
Abdullah Hashim Industrial Gases & Equipment Co. Ltd. is one of the leading merchant industrial gas manufacturers and suppliers in the Kingdom of Saudi Arabia. In the 1940's AHG was initially founded as a metalworking operation and as this operation grew, it led to the placement of the first Oxygen plant, at the first shipyard in Jeddah, Saudi Arabia.
Since AHG's official establishment in 1954, the company shifted its focus from metalworking to becoming the safest and most reliable supplier of gases, gas related equipment, and gas services in the Kingdom. AHG still maintains its roots through its welding division where the company provides welding equipment and supplies to the market, and through the years AHG has also added a refrigerant gas division to its portfolio. In pursuit of AHG's vision, Air Products became AHG's international partner and shareholder for over 10 years. The successful partnership has been reinforced through shared values.
Cautionary Note Regarding Forward-Looking Statements: This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.
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SOURCE Air Products | https://www.kxii.com/prnewswire/2022/09/12/air-products-middle-east-merchant-industrial-gas-joint-venture-abdullah-hashim-industrial-gases-amp-equipment-co-ltd-acquires-air-liquides-merchant-industrial-gases-business-kingdom-saudi-arabia/ | 2022-09-12T16:46:39Z |
LIVONIA, Mich., Sept. 6, 2022 /PRNewswire/ -- XanEdu, Inc., a provider of educational content and curriculum services for K-12 and higher education, announces the formation of Scholarus Learning, a premier portfolio of companies that provide products and services across the education value chain. It simultaneously announced the acquisition of PLC Associates, Inc., a provider of training, measurement and advisory materials for K-12 leaders alongside its financial partner, Frontenac, a Chicago-based private equity firm.
XanEdu has been improving learning outcomes since 1999 by delivering curriculum customization and publishing solutions to educators across the K-12 and higher education communities. The 2021 acquisition of Education Elements, a national K-12 consulting firm that takes a personalized approach to address districts' complex questions, and Tripod Education, the nation's leading provider of K-12 classroom level survey assessments, brought a comprehensive suite of services including instructional design, organizational strategy, leadership strategy and survey solutions to the group. Today's acquisition of PLC Associates further enhances the breadth of the portfolio.
PLC Associates is a provider of training and advisory materials for teachers and administrators with a focus on research-based performance benchmarks. "The addition of PLC Associates expands the range and depth of products that we can offer school district leaders, particularly around data collection and professional services. We are thrilled to welcome them to our team," said Chad Bonney, CEO of Scholarus Learning.
In recognition of the growing range of its educational services, the businesses will all operate under the Scholarus Learning umbrella. "The formation of Scholarus Learning is an important step forward in our growth strategy within the education sector as we expand our portfolio of complementary companies that provide industry-leading breadth of products and services," said Michael Langdon, Managing Director, Frontenac.
ABOUT SCHOLARUS LEARNING
Scholarus Learning is a portfolio of companies serving the K-12 and higher education markets. Scholarus offers educators an industry-leading range of products and services in key areas of instructional design and implementation, organizational strategy, leadership strategy, and data collection, as well as print and digital curriculum customization and courseware solutions. The Scholarus Learning portfolio includes XanEdu Publishing, Education Elements, Tripod and PLC Associates. Together, Scholarus companies serve more than 1,800 schools in over 350 districts along with thousands of colleges and universities. We touch the lives of more than 2 million students each year through our professional services, data analytics, and custom curriculum publishing and distribution. For more information, please visit http://scholarus.com to learn more.
ABOUT XANEDU
XanEdu has been increasing student engagement and improving learning outcomes since 1999. Our experts partner with educators on each unique project to build and deliver engaging print and digital custom solutions and courseware content that addresses curriculum gaps and key initiatives for K-12 and Higher Education leaders while maintaining our commitment to affordability and accessibility for all learners. XanEdu is a privately held company headquartered in Livonia, MI. Please visit http://xanedu.com to learn more.
ABOUT PLC ASSOCIATES
PLC Associates, Inc. supports schools in achieving outstanding outcomes and building capacity in a systems approach that leads to sustained results. Their innovative and comprehensive offerings provide true "wrap-around support", that is - they stay with each client every step of the way. The core of what makes PLC Associates successful are its Signature Programs and proprietary models, tailored to the needs of each school/district. Please visit http://plcassociates.com to learn more.
ABOUT EDUCATION ELEMENTS
Education Elements works with districts to build and support dynamic school systems that meet the needs of every learner, today and tomorrow. Education Elements takes the time to understand the unique challenges school leaders face, and then customize the Education Elements approach for each district. Educations Elements has worked with hundreds of districts across the country. They bring deep expertise, design thinking, expert facilitation, and the spirit of collaboration, along with their extensive toolkit of resources and technology, to deliver sustainable results. Please visit https://www.edelements.com to learn more.
ABOUT TRIPOD EDUCATION
Tripod is the nation's leading provider of classroom-level student survey assessments for K-12 education. Tripod's research and analytics deliver valuable insights about teaching practices, student engagement, and school climate. Tripod uses a database of millions of survey responses to calibrate results against broadly anchored norms, and the Tripod reporting platform presents engaging feedback for educators to promote school improvement and professional learning. Please visit https://tripoded.com/ to learn more.
ABOUT FRONTENAC
Frontenac is a Chicago-based private equity firm. The firm focuses on investing in lower middle market buyout transactions in the consumer, industrial, and services industries. Frontenac works in partnership with established operating leaders, through an executive-centric approach called CEO1ST, which seeks to identify, acquire, and build market-leading companies through transformational acquisitions and operational excellence. Over the last 50 years, Frontenac has built a leading franchise working with over 275 owners of mid-sized businesses as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit https://www.frontenac.com/.
Contact:
Joyce Mueller
Vice President of Marketing
jmueller@xanedu.com
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SOURCE XanEdu Publishing, Inc. | https://www.wibw.com/prnewswire/2022/09/06/xanedu-announces-formation-scholarus-learning-acquisition-plc-associates/ | 2022-09-06T19:12:46Z |
First Round's on Me (FROME) a brand new dating app geared towards helping singles connect in real life
LOS ANGELES, July 18, 2022 /PRNewswire/ -- New dating and social networking app, First Round's On Me (FROME), is now available for iOS and Android devices. Founded on the concept of bringing back real dating and driven by the pervasive need for in-person connection, FROME is an online dating app designed to get people off their phones and together in real life. With its unique feature offering discounts at some of LA's hottest bars, coffee shops and restaurants, FROME also helps users find the perfect date spot, and alleviate the stress (and awkwardness!) when it comes to the bill.
The inspiration behind the name First Round's On Me is a nod to a time when people met for the first time, by chance, in person. You'd see someone across the bar, go up to them and ask if you could buy them a drink. In today's online dating world, and especially during a global pandemic with exposure to social and professional interactions slowly coming back, this "natural" style of meeting rarely occurs. Over the years, singles have gravitated towards a digital dating experience — whether they like it or not. With its venue partnerships offers and prompts to actively set up dates, FROME helps facilitate the old school way of kismet experiences in dating through the comfort and safety of their home.
"I am proud to help humans connect and stop relying only on technology," says founder and CEO, Joe Feminella who was inspired to design FROME after years spent on dating apps that never resulted in actual in person dates. Disillusioned with a dearth of bland digital interactions and the endless swiping cycle, he was motivated to find a way to encourage people to put the phone down and set a date to get to know each other in person, how he believes people should get to know each other.
"The dating-app world is saturated, yet it consistently leaves people unsatisfied. The more time I spent swiping, the more I realized it wasn't an effective way to make a real connection. Technology has solved so many problems in today's world, but one thing it hasn't done and probably will never do, is help people fall in love. That needs to be done in person." says Feminella.
With an emphasis on both inclusivity and intimacy, FROME melds the ease of technology with the value of organic meetings: Instead of forcing users to rely on an app for a potentially infinite amount of time, it motivates them to get out in public and meet each other. Each time a user signs on, they have the option to select between one of two modes: Available Today (those free for a date tonight) and Available This Week (those who like to plan ahead). When a user finds someone they're interested in, they send an invitation for a time and place to meet for a drink. If the recipient accepts — it's date! The date is then added to their calendars, (one date per day, Romeo!). One of the app's unique features is a time-based chat made available six hours prior to the date, giving users some time to break the ice before meeting in person later that day. From there, the rest is up to them!
FROME is proud to be partnering with a number of Los Angeles bars and coffee spots, including The Bungalow, Cha Cha Matcha, Juneshine, Library Alehouse, Independence Bar and Bravo Toast. A premium version of the FROME app will be launched later in 2022 and is slated to hit other major U.S. cities including Miami, New York, Austin, Dallas, and Chicago, in the coming year.
For more information, visit firstroundsonme.co or follow us on Instagram @firstroundsonme
App Store: FROME
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SOURCE First Round's On Me | https://www.wibw.com/prnewswire/2022/07/18/frome-las-new-dating-app-is-aimed-bringing-back-real-dating/ | 2022-07-18T16:19:04Z |
Law officers testifying for committee on Uvalde shooting
UVALDE, Texas (AP) — A legislative committee investigating the deadly shooting at a Texas elementary school last month is set to hear more testimony from law enforcement officers on Monday.
State Rep. Dustin Burrows, who is chairing the committee investigating the shooting at Robb Elementary School in Uvalde, said they would hear more witness testimony from the Uvalde Police Department, in addition to speaking with another officer from the school district police and a member of the Department of Public Safety.
“We want to at least compliment all the law enforcement agencies for being cooperative and providing the witnesses we have asked for,” said Burrows, a Republican from Lubbock.
After Burrows’ opening statements during the committee hearing in Uvalde, the committee went into executive session, blocking the public from hearing witness testimony.
Last Thursday, Burrows signaled impatience with the Uvalde Police Department, saying it was unclear whether they would testify voluntarily before the panel. But he said Friday that Uvalde police officials had agreed to speak with the committee.
Burrows said that testimony would continue on Tuesday in Austin. He said he hoped to provide information on when at least a preliminary report would be released to the public.
An 18-year-old gunman killed 19 students and two teachers at the school on May 24. Questions about why police did not confront and kill the gunman for more than an hour, even as anguished parents outside the school urged officers to go in and panicked children called 911 from inside.
Law enforcement officials have provided little or conflicting information since the shooting, sometimes withdrawing statements hours after making them. Officials have declined to offer details, citing ongoing investigation.
Some are concerned that Texas officials will use a legal loophole to block records from being released — even to the victims’ families — once the case is closed. The law’s exception protects information from being released in crimes for which no one has been convicted. The Texas Attorney General’s Office has ruled that it applies when a suspect is dead.
Officials also haven’t released records sought under public information laws to media outlets, including The Associated Press, often citing broad exemptions and the ongoing investigation. It has raised concerns about whether such records will be released, even to victims’ families.
Others interviewed behind closed doors by the committee include school staff.
Burrows has defended the committee interviewing witnesses in private and not revealing their findings so far, saying its members want an accurate account before issuing a report.
___
Find more AP coverage of the Uvalde school shooting: https://apnews.com/hub/uvalde-school-shooting
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/20/law-officers-testifying-committee-uvalde-shooting/ | 2022-06-20T23:36:04Z |
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Meridian Bioscience, Inc. (NASDAQ: VIVO)'s sale to SD Biosensor, Inc. and SJL Partners LLC for $34.00 per share in cash. If you are a Meridian shareholder, click here to learn more about your rights and options.
1Life Healthcare, Inc. (NASDAQ: ONEM)'s sale to Amazon.com, Inc. for $18.00 per share in cash. If you are a 1Life shareholder, click here to learn more about your rights and options.
Hanger, Inc. (NYSE: HNGR)'s sale to Patient Square Capital for $18.75 in cash per share. If you are a Hanger shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.wibw.com/prnewswire/2022/08/08/shareholder-investigation-notice-halper-sadeh-llp-investigates-vivo-onem-hngr/ | 2022-08-08T04:34:29Z |
- Cordani unveiled new research about the mental health of teens and its impact on families
- Showcased Cigna's expansion of virtual behavioral health services for teens and parents
BLOOMFIELD, Conn., May 11, 2022 /PRNewswire/ -- Cigna Corporation Chairman and CEO David M. Cordani today unveiled new findings about the growing mental health crisis among teenagers and the impact it is having on parents, both at home and work. The conversation was part of a broader dialogue about the macro forces shaping the future of health care at the Fortune Brainstorm Health Conference, moderated by the event's co-chair Arianna Huffington, Founder and CEO of Thrive.
"Today's teens are suffering from a broad range of mental health issues and our new research is an important alarm bell, signaling the far-reaching implications to the health and well-being of our families, communities and businesses," Cordani said. "We've aggressively grown our network of behavioral health providers who treat teens by 140 percent over the past five years and purposefully expanded our virtual care capabilities through MDLIVE and other partners."
Cigna Corporation and Evernorth, its health services business, commissioned the study from Economist Impact to more deeply understand the mental health effects of the COVID-19 pandemic on teenagers and their parents. The study was conducted in April 2022 and key findings include:
- Approximately 80% of working parents reported some form of impact on the mental health of their teenage children as a result of the pandemic, including new or increased levels of anxiety, depression, behavioral issues, and problems with social interactions.
- Nearly one in five working parents reported a negative impact on their work performance and productivity because of concerns about their child's mental health.
- More than half (55%) of parents reported not having enough support from their employer, and nearly 14% of all respondents reported having to leave the workforce or stay out of the workforce to care for their teenagers' needs.
- Nearly two-thirds of working parents had difficulty finding a trusted mental health provider in a reasonable amount of time.
Recent data from Evernorth's pharmacy benefit manager, Express Scripts, confirms these findings. From 2017 to 2021, pharmacy claims data show a 41% increase in antidepressant medication prescriptions for children aged 13-19, and a 28% increase for those aged 12 and under.
Evernorth is making behavioral health care and resources more accessible to both teens and parents through its behavioral health solutions which offer a leading national network of high-quality providers and innovative coaching solutions to meet customers' unique needs. Evernorth's behavioral health network includes virtual providers from MDLIVE who are able to treat patients as young as 10, along with providers from Brightside, Alma and Talkspace, among others. The network continues to grow to include specialized programs that treat specific behavioral conditions, such as alcohol use disorder and eating disorders.
Evernorth also recently expanded its Caregiver program to help parents address their own needs, while also providing support and resources for caring for teens with chronic or serious physical and mental health conditions.
The Economist Impact surveyed 1,100 parents of teens aged 13-17 in the United States. Read more findings of the research here.
Cigna Corporation is a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Cigna delivers choice, predictability, affordability and access to quality care through integrated capabilities and connected, personalized solutions that advance whole person health. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company, Connecticut General Life Insurance Company, Evernorth companies or their affiliates and Express Scripts companies or their affiliates. Such products and services include an integrated suite of health services, such as medical, dental, behavioral health, pharmacy, vision, supplemental benefits and other related products.
Cigna maintains sales capability in over 30 countries and jurisdictions, and has over 190 million customer relationships around the world. To learn more about Cigna®, including links to follow us on Facebook or Twitter, visit www.cigna.com.
Evernorth creates and connects premier health services offerings, including benefits management, pharmacy, care solutions, insights and intelligence. With an open approach to partnering across the health care landscape, we deliver innovative and flexible solutions for health plans, employers and government programs. Evernorth capabilities are powered by our family of companies, including Express Scripts, Express Scripts® Pharmacy, Accredo, eviCore and MDLIVE, along with holistic Evernorth platforms and solutions that elevate health and drive progress for people and businesses. All Evernorth solutions are serviced and provided by or through operating affiliates of Evernorth Health, a wholly owned subsidiary of Cigna Corporation, or third-party partners. Learn more at Evernorth.com.
Media Contact
Meaghan MacDonald
Meaghan.MacDonald@cigna.com
860-840-1212
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SOURCE Cigna | https://www.mysuncoast.com/prnewswire/2022/05/11/cignas-david-cordani-addresses-teen-mental-health-crisis-fortune-brainstorm-health-conference/ | 2022-05-11T23:05:33Z |
DULLES, Va., May 2, 2022 /PRNewswire/ -- Unanet, the leading SaaS project-based ERP ad CRM provider, today announced the winners of the Unanet Partner Awards at its annual Champions Conference, which is happening in Phoenix this week. The annual partner awards recognize companies that have exceeded expectations and excelled at helping Unanet ERP and CRM customers succeed in both the government contracting (GovCon) and architecture, engineering and construction (AEC) industries.
These honored companies distinguished themselves by engaging and collaborating with Unanet and a vast list of customers, bringing about business success across the board. Some of the partners have created seamless integrations with Unanet through Unanet Connect, the industry's first and only open integration platform, which currently has more than 100 applications. The 2021 honorees are:
- GovCon Partner of the Year: KGRF Group, Inc.
- A/E Partner of the Year: Outsourced Accounting Services, LLC
- Sales Excellence Partner of the Year: BDO
- Reseller Partner of the Year: CAVU Advisors
- SMB Partner of the Year: WhiteGlove Accounting
- GovCon Technology Partner of the Year: GovTribe
- AEC Technology Partner of the Year: OpenAsset
"Customers measure success based on the outcomes of their projects, and the partners we honor today have been instrumental in ensuring those positive results," said Craig Halliday, CEO of Unanet. "Unanet and its industry-leading partners are giving GovCon and AEC firms the best choice in ERP and CRM, fast implementations, unmatched technological innovation, and ultimately success in their business goals."
In Phoenix, at the first in-person Champion Conference in several years, more than 600 of Unanet's GovCon and AEC customers are engaging with Unanet and its partners to learn about the company's product roadmap, best practices, integrations, and commitment to being the most customer-service oriented solution in the industry.
To learn more about Unanet ERP and CRM, please visit www.unanet.com.
About Unanet
Unanet is a leading provider of project-based ERP and CRM solutions purpose-built for Government Contractors, architecture, engineering, construction, and professional services. More than 3,400 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, and accelerate business growth. All backed by a people-centered team invested in the success of your projects, people, and financials. For more information, visit www.unanet.com.
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SOURCE Unanet | https://www.mysuncoast.com/prnewswire/2022/05/02/unanet-honors-partners-year-champions-user-conference/ | 2022-05-02T17:28:47Z |
ALASKA, ILLINOIS AND LOUISIANA HAVE ALL PASSED IN BOTH CHAMBERS, AND ARE A SIGNATURE AWAY FROM BECOMING LAW
THE U.S. VIRGIN ISLANDS BECOMES FIRST U.S. TERRITORY TO PASS THE CROWN ACT
#PassTheCrown
ENGLEWOOD CLIFFS, N.J., June 8, 2022 /PRNewswire/ -- The CROWN Coalition, a national alliance founded by Dove, National Urban League, Western Center on Law & Poverty and Color Of Change, along with 90+ members of the CROWN Coalition are excited to announce a few new champions of the CROWN Act. Maine Governor Janet Mills signed LD 598, the CROWN Act into law on April 20, 2022. Tennessee Governor Bill Lee signed SB 136, the CROWN Act into law on May 27, 2022. Most recently Louisiana, Illinois and Alaska all passed legislation to make hair discrimination illegal in their state and are all awaiting their Governor's signature. Black hair has been unjustly regulated in schools and the workplace for years. Dove and the CROWN Coalition want to bring an end to hair discrimination once and for all with the CROWN Act. CROWN stands for Creating a Respectful and Open World for Natural Hair.
"Another major moment for this grassroots movement that continues to grow!" stated Esi Eggleston Bracey, Executive Vice President and Chief Operating Officer of North America Beauty and Personal Care at Unilever. "We applaud all the great work done in Maine and Tennessee to make the CROWN Act law! The Dove team is equally thrilled Louisiana has passed anti-hair discrimination legislation inspired by the CROWN Act in both chambers – now it's up to Governor John Bel Edwards to sign it into law. We appreciate the leadership of State Senators and Representatives as they stand up for the CROWN Act! We applaud Representative Candace Newell who introduced House Bill 1083, inspired by the CROWN Act, to protect Black men, women and children in the workplace and schools from hair discrimination. As we head to NOLA this summer to celebrate National CROWN Day (July 3, 2022), we look forward to celebrating Louisiana's victory along with Tennessee, Illinois, Maine, Alaska and the U.S. Virgin Islands."
"I am proud to say House Bill 1083 is the first CROWN Act inspired legislation to pass a state legislature in the Deep South. Discrimination based on hair texture, natural hairstyles, and protective hairstyles is deeply rooted in the belief that straight hair is 'more professional.' This is a win for the people of Louisiana but specifically for Black and Brown individuals who have been historically marginalized based off their hair for generations. – Representative Candace Newell.
Here is an update of where the CROWN Act stands:
MAINE – The CROWN Act is law!
- On April 20, 2022, Maine Governor, Janet Mills signed LD 598, the CROWN Act, into law.
- The bill was sponsored by Senator Mattie Daughtry, (D-Brunswick), "An Act to Prohibit Discrimination in Employment and School Based on Hair Texture or Hairstyle".
TENNESSEE – The CROWN Act is law!
- The Tennessee legislature has become the first state in the Southeast region of the U.S. to pass the Create a Respectful and Open World for Natural Hair Act — known as the CROWN Act.
- SB 136 was signed into law by Governor Bill Lee (R) May 27, 2022.
- Sponsored by Senator Raumesh Akbari (D - Memphis) and originally proposed in 2021.
- Some of the specific kinds of protected hairstyles include braids, locs, or twists.
U.S. VIRGIN ISLANDS – The Virgin Islands CROWN Act of 2022 is law!
- On April 11, 2022, U.S. Virgin Islands Governor Albert Bryan Jr. signed Bill No. 34-0147, 'The Virgin Islands Crown Act of 2022' into law.
- This amends the Virgin Islands Civil Rights Act (VICRA), which prohibits discrimination in employment, as well as with respect to public accommodations and with respect to rental transactions, because of race, creed, color, or national origin.
LOUISIANA | *pending Governor John Bel Edwards signature
- Inspired by the CROWN Act, House Bill 1083, authored by Representative Candace Newell (D-New Orleans).
- The bill passed in the Louisiana Senate by a 29-4 vote on June 3, 2022.
- The House approved it with a 74-24 vote on May 23, 2022.
- House Bill 1083 awaits Governor John Bel Edwards signature.
ILLINOIS | *pending Governor J.B. Pritzer signature
- The Illinois legislature unanimously passed an amendment to the Illinois Human Rights Act (IHRA) clarifying the meaning of "race" discrimination under the law, April 9, 2022.
- Led by State Senator Mattie Hunter (D-Chicago), Senate Bill 3616 – also known as the CROWN Act amends the Illinois Human Rights Act.
- On August 13, 2021, Governor Pritzker signed into law a version of a CROWN Act which, due to various amendments, ended up only applying to schools and not places of employment, despite the "CROWN" acronym referencing a respectful and open "workplace."
- Senate Bill 3616 awaits Governor JB Pritzker's signature.
ALASKA | *pending Governor Mike Dunleavy's signature
- The Alaska Legislature has passed SB 174, a bill that would prohibit discrimination against Black hairstyles in schools.
- The bill was introduced by Sen. David Wilson, R-Wasilla, and cross-sponsored by Sen. Elvi Gray-Jackson, D-Anchorage. School dress codes would prohibit hairstyles like afros, cornrows and braids. Schools would be barred from requiring students to alter their hair.
- There would also be a prohibition on schools banning students from wearing traditional and cultural regalia at graduation ceremonies.
- Senate Bill 174 awaits Governor Mike Dunleavy's signature.
FEDERAL BILL
- On March 18, 2022, the U.S. House of Representatives passed the CROWN Act, which would ban race-based hair discrimination at work, federal programs, and public accommodations.
- It has not been voted on in the U.S. Senate.
Together with The CROWN Coalition, Dove is committed to progressing The CROWN Act until hair discrimination is illegal in all 50 states and at the federal level.
Since its founding, Dove has conducted several KEY RESEARCH STUDIES showing:
- Black women are 1.5 times more likely to be sent home from the workplace because of their hair
- 80 percent of Black women being more likely to report that they have to change their hair from its natural state to fit in at an office.
- At school, 86 percent of Black students said that they experienced discrimination based on their natural hair by the age of 12.
- At majority-white schools, the micro-aggressions for non-white students can begin early and impact a child's – then teenager's – mental health and school performance.
- In fact, Black female teenagers are missing a week of school per year because of the strain and stress of hair dissatisfaction.
The CROWN Act has galvanized support from federal and state legislators in the movement to end hair discrimination nationwide. As a founding member of The CROWN Coalition, Dove has championed The CROWN Act movement, created, and driven by a team of Black leaders working with a village of women who share a desire to end discrimination including Esi Eggleston Bracey, Los Angeles County Supervisor, Holly J. Mitchell, and JOY Collective agency leaders, Kelli Richardson Lawson and Orlena Nwokah Blanchard, and Adjoa B. Asamoah as lead legislative strategist.
To support the movement, we are encouraging everyone to help us #PASSTHECROWN to end race-based hair discrimination in the U.S. by signing the petition and emailing your Senator at www.dove.com/crown.
About The CROWN Coalition
The CROWN Coalition is the official national supporter of the CROWN Act movement; an alliance founded by Dove, National Urban League, Western Center on Law & Poverty and Color Of Change, along with 90+ CROWN Act supporting organizations. For a full list of CROWN Coalition members, visit www.thecrownact.com
The CROWN Coalition is proud to have sponsored and/or supported anti-hair discrimination legislation in California (2019), Colorado (2020), Connecticut (2021), Delaware (2021), Illinois* (2021), Maine (2022), Maryland (2020), Nebraska* (2021), Nevada (2021), New Mexico* (2021), New Jersey (2019), New York (2019), Oregon* (2021), Tennessee (2022), Washington (2020), Virginia (2020), and U.S. territory, the U.S. Virgin Islands (2022). The bills address unfair grooming policies that have a disparate impact on Black women, men and children and has drawn attention to racial discrimination taking place within workplaces and public charter schools. The CROWN Coalition members believe diversity and inclusion are key drivers of success across all industries and sectors.
( * ) inspired by the CROWN ACT legislation
Dove.com/CROWN
"Save the Date"
National CROWN Day | July 3, 2022 | New Orleans, LA
CONTACT:
Marcy Polanco
marcy@joycollective.com
202.885.5527
Lauren Baker
Lauren.baker@unilever.com
Angela L. Young
press@alymediarelations.com
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SOURCE The CROWN Coalition | https://www.kxii.com/prnewswire/2022/06/08/dove-crown-coalition-commend-states-maine-tennessee-passing-signing-crown-act-officially-making-race-based-hair-discrimination-illegal-their-state/ | 2022-06-08T13:38:04Z |
Ratcliffe rivals U.S. offers with late $5B bid for Chelsea
By ROB HARRIS
AP Global Soccer Writer
British billionaire Jim Ratcliffe has launched a late bid to buy Chelsea for 4.25 billion pounds ($5.3 billion). Rival offers featuring American investors were already being assessed as the sale process is nearing a conclusion. The Premier League club was put up for sale in March after Russia owner Roman Abramovich was sanctioned by the British government over his ties to President Vladimir Putin following the invasion of Ukraine. Ratcliffe is the chairman of chemical giant INEOS. He is a Chelsea fan who owns European teams Nice and Lausanne as well as a cycling team and Britain’s America’s Cup sailing team. | https://localnews8.com/news/ap-national-business/2022/04/29/jim-ratcliffe-launches-late-5-billion-bid-to-buy-chelsea-2/ | 2022-04-29T15:07:38Z |
AUSTIN, Minn., June 8, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, will be participating at the 2022 Deutsche Bank dbAccess Global Consumer Conference in Paris, France. Jim Snee, chairman of the board, president and chief executive officer, and Swen Neufeldt, group vice president and president of Hormel Foods International Corporation, will discuss the company's long-term strategy, ESG initiatives and plans to aggressively develop its global presence.
About Hormel Foods – Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $11 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Wholly®, Hormel® Black Label®, Columbus®, Jennie-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of Fortune magazine's most admired companies, has appeared on the "100 Best Corporate Citizens" list by 3BL Media 13 times, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com.
Investor Relations
(507) 437-5248
ir@hormel.com
Media Contact:
(507) 434-6352
media@hormel.com
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SOURCE Hormel Foods Corporation | https://www.wibw.com/prnewswire/2022/06/08/updated-time-hormel-foods-corporation-participate-deutsche-bank-dbaccess-global-consumer-conference/ | 2022-06-08T22:18:19Z |
Madison soccer made program history, but TSSAA title game loss on penalty kicks still stung
MURFREESBORO — Madison boys soccer players sat, laid and cried at midfield after losing the TSSAA Class A championship game on penalty kicks against Gatlinburg-Pittman on Friday.
The Mustangs (19-3) came so close to capping the best season in school history with a state championship. After a few moments to gather themselves, however, they walked off the field after realizing what they accomplished.
"Overall, we have made history. We are the first team from Madison to make it to the championship," said junior forward Donovan Pruitte, who had a school-record 39 goals. "I'm very proud of this team. Without these guys we wouldn't even be here. With the passion and effort we have — we made it here and things turned out how they did."
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The game was scoreless in regulation, and 2-2 in the shootout after Pruitte and Jack Young scored for Madison. Eli Colbert then scored the game-winning penalty for Gatlinburg-Pittman.
This was Madison's first game in penalty kicks this season, a new experience for keeper Callum Donnell, who had only allowed 12 goals this season.
Donnell, who replaced the 2021 West Tennessee player of the year in goalie Jed McWherter, said despite the outcome he likes playing in pressure situations.
"Oh yeah (living for big moments). Someone probably has a picture of me somewhere smiling walking to the field when extra time hit," Donnell said. "My coach came up to me and said he wishes he was me — he told me 'this is your moment to shine,' so I live for those moments I love them."
Madison coach Igor Luczeensky said his team didn't have its best day but that he was proud of his players' effort and progress this season.
"I'm definitely proud of them because we were clearly as good or better than them," Luczeensky said. "Improvement is the right word to describe this season because that is the goal for the program and personally for me. If there's no improvement it doesn't matter. We try to work really hard to be better every year. This season was better than last and next season will be better than this."
Madison finished with a school record for wins and three players (Pruitte, sophomore Jack Young and junior Braden Nye) had 20 or more goals and 10 or more assists.
Madison will also lose only one senior starter, Eli Patton, going into the 2023 season. | https://www.jacksonsun.com/story/sports/high-school/2022/05/27/tssaa-soccer-state-championship-madison-spring-fling-high-school/9824399002/ | 2022-05-27T22:28:28Z |
Douglas Siddens’ mother was among those who made it out with just the clothes on her back when a deadly, wind-fueled wildfire ripped through a mountain community in southern New Mexico.
The RV park where she lived was reduced to “metal frame rails and steel wheels,” said Siddens, who managed the site
“I had like 10 people displaced. They lost their homes and everything, including my mom,” he said.
The fire has destroyed more than 200 homes and killed two people since it broke out Tuesday near the village Ruidoso, a vacation spot that draws thousands of tourists and horse racing fans every summer.
Hundreds of homes and summer cabins dot the surrounding mountainsides. The RV park that Siddens managed is near where an elderly couple was found dead this week outside their charred residence.
Elsewhere in the U.S., crews have been battling large fires this week in Texas, Oklahoma and Colorado, where a new blaze forced evacuations Friday along the Rocky Mountain’s eastern front near Lyons about 18 miles (29 kilometers) north of Boulder.
That fire was burning in the Blue Mountains near the Larimer-Boulder county line about 20 miles (32 kilometers) southeast of Estes Park, the east entrance to Rocky Mountain National Park.
In New Mexico, power was restored to all but a few hundred customers, but evacuation orders for close to 5,000 people remained in place.
Donations poured in from surrounding communities all too familiar with just how devastating wildfires can be.
It was a decade ago that fire ripped through part of the village of Ruidoso, putting the vacation spot on the map with the most destructive wildfire in New Mexico’s recorded history when more than 240 homes burned and nearly 70 square miles (181 square kilometers) of forest were blackened by a lightning-sparked blaze.
On Friday, Mayor Lynn Crawford was rallying heartbroken residents once again as firefighters tried to keep wind-whipped flames from making another run at the village. She said the response from their neighbors has been amazing.
“So we have plenty of food, we have plenty of clothes, those kinds of things but we still appreciate and need your prayers and your thoughts,” the mayor said during a briefing. “Again, our hearts go out to the family of the deceased, to those that have lost their homes.”
Authorities have yet to release the names of the couple who died. Their bodies were found after worried family members contacted police, saying the couple had planned to evacuate Tuesday when the fire exploded but were unaccounted for later that day.
While many older residents call Ruidoso home year round, the population of about 8,000 people expands to about 25,000 during the summer months as Texans and New Mexicans from hotter climates seek respite.
Fans also flock to Ruidoso Downs, home to one of the sport’s richest quarter-horse competitions. The racing season was expected to start May 27, and horses that board there aren’t in any danger as fire officials use the facility as a staging ground.
Part-time residents have taken to social media over the last few days, pleading with fire officials for updates on certain neighborhoods, hoping their family cabins weren’t among those damaged or destroyed.
The hotlines lit up Friday afternoon as people in the village called in to report more smoke. Fire information officer Mike DeFries said that was because there were flare-ups within the interior of the fire as the flames found pockets of unburned fuel.
While the fire didn’t make any runs at the lines crews had established, he said it was still a tough day for firefighters due to single-digit humidity, warmer temperatures and the wind.
Authorities reiterated that it was still too early to start letting people in to see the damage. They asked for patience as fire crews put out hot spots and tried to build a stronger perimeter around the blaze.
“It’s still an active fire area in there and it’s not a safe place,” DeFries said. “It’s going to require patience. At the same time, every step that we’re taking is designed to suppress this fire and to get people back home as soon as possible.”
New Mexico authorities said they suspect the fire, which has torched more than 9.5 square miles (24 square kilometers) of forest and grass, was sparked by a downed power line and the investigation continued Friday.
Hotter and drier weather coupled with decades of fire suppression have contributed to an increase in the number of acres burned by wildfires, fire scientists say. The problem is exacerbated by a more than 20-year Western megadrought that studies link to human-caused climate change.
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Cedar Attanasio contributed reporting from Santa Fe. Attanasio is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on under-covered issues. | https://cw33.com/news/u-s-news/ap-u-s-headlines/5000-under-evacuation-orders-as-new-mexico-wildfire-rages/ | 2022-04-16T15:10:11Z |
VERO BEACH, Fla., July 21, 2022 /PRNewswire/ -- With Executive Director Nat Watkins leading the helm, the newly-constructed Watercrest Macon Assisted Living and Memory Care Community is thriving. Watercrest Macon celebrated their grand opening in January of this year honoring their founding residents with confetti and a red carpet roll-out. As the community continues to grow, welcoming new residents and team members, Nat Watkins can always be seen leading the charge with jubilance.
"As Executive Director of Watercrest Macon, Nat exudes an affable confidence earning him the respect and trust of his peers, residents, and associates," says Marc Vorkapich, Principal and CEO of Watercrest Senior Living Group. "We look forward to the future success of our new Watercrest Macon community thanks to the dedication and passion of Nat and his team in providing our residents with the very best senior living has to offer."
From a small town in Georgia, Nat Watkins grew up as the son of educators, where he learned the values of service, compassion and humility. These values served him well as a business owner, mortgage banker and restaurateur throughout his career. With a degree in Health Services Administration, Nat entered the senior living industry in 2011, excelling as Director of Food and Beverage and Marketing Director prior to his successful transition to Executive Director.
"Prioritizing the individual needs of our seniors with thoughtfulness and compassion instills a foundation where our residents are honored and served daily," says Nat Watkins, Executive Director. "We are so proud of this beautiful community and growing a family of associates and residents who call Watercrest Macon home."
Watercrest Macon is a signature Watercrest product comprised of 76 assisted living and 22 memory care residences with resort-style amenities and exceptional care. The comfortably, classy design includes a stunning promenade, fireplace, multiple dining venues, Southern style outdoor living spaces, Art Studio and Gallery, and the charming atmosphere of Bogey's Cigar and Scotch lounge. The community's Southern style exterior gathering spaces, outdoor putting green, and gardening stations offer opportunities for social engagement and resident activity amongst the lushly landscaped grounds and illuminated walking paths. Additionally, residents enjoy the coveted Spa W offering world-class wellness amenities including a resort-style pool, light and salt therapy, and state-of-the-art fitness and physical therapy center.
Watercrest Macon is ideally located at 111 Providence Boulevard near high-end residential, plentiful retail and dining establishments, as well as diverse cultural and entertainment venues. For information, contact the community at 478-400-7043.
With multiple senior living projects in development throughout the southeast, Watercrest Senior Living Group is setting new standards of quality for seniors and their families in the development of upscale senior living communities. Watercrest Macon is one of two senior living development projects partnered between Watercrest, Corecam Capital Partners, and Peninsula Alternative Real Estate. Their second project, Watercrest Myrtle Beach Assisted Living and Memory Care opened this year in Myrtle Beach, SC.
About Watercrest Senior Living Group
Watercrest Senior Living Group was founded to honor our mothers and fathers, aspiring to become a beacon for quality in senior living by surpassing standards of care, service and associate training. Watercrest communities are recognized for their luxury aesthetic, exceptional amenities, world-class care, and innovative memory care programming offering unparalleled service to seniors living with Alzheimer's and dementia. A certified Great Place to Work, Watercrest specializes in the development and operations of assisted living and memory care communities and the growth of servant leaders. For information, visit www.watercrestseniorliving.com.
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SOURCE Watercrest Senior Living Group | https://www.kxii.com/prnewswire/2022/07/21/executive-director-nat-watkins-leads-newly-constructed-watercrest-macon-assisted-living-memory-care/ | 2022-07-21T21:58:16Z |
- The August U.S. auto sales pace is expected to show an improvement due to an additional selling day, but sales volume remains constrained by inventory and affordability challenges.
- New-vehicle sales volume in August is expected to rise to 1.14 million units, up 3.6% year over year but down 0.3% from last month.
- Annual new-vehicle sales pace in August is forecast to finish near 13.3 million, unchanged from last month's 13.3 million seasonally adjusted pace but higher than last year's 13.1 million level.
ATLANTA, Aug. 25, 2022 /PRNewswire/ -- U.S. new-vehicle sales in August are expected to show that the substantially slower pace of new-vehicle sales that started a year ago continues as new-vehicle supply remains virtually unchanged. According to the Cox Automotive forecast released today, the August U.S. auto sales pace, or seasonally adjusted annual rate (SAAR), is expected to finish flat month over month at 13.3 million, up from last year's 13.1 million level.
The sales volume in August is forecast to finish near 1.14 million units, up 3.6% from last year but down 0.3% from July. With 26 selling days in August, the same as last month and one more than last year, the year-over-year gain in volume is expected to be lifted by the extra day.
"New-vehicle inventory remains essentially unchanged since tight inventory started severely limiting sales in July 2021," said Cox Automotive Senior Economist Charlie Chesbrough. "The headwinds to a sales recovery this year are growing as buying conditions worsen. Rising interest rates and historically low consumer sentiment are keeping many potential buyers out of the new-vehicle market. And high prices for both gasoline and vehicles are making affordability an even greater challenge. However, the lack of supply is the biggest obstacle over the near term, and there is little evidence of new-vehicle supply returning to a healthier level."
Most industry forecasters, including Cox Automotive, expect the chip shortage and other supply chain problems to improve slightly by year-end. Still, the pace of that recovery will be varied and volatile.
August 2022 Sales Forecast Highlights
- In August, light new-vehicle sales are expected to rise 3.6% from August 2021 but decline 0.3% from last month, with 26 selling days, one more than last year but the same as July 2022.
- The SAAR in August 2022 is estimated to be 13.3 million, above last year's 13.1 million level but flat with last month's pace.
- Sales for the Full-Size Pickup Truck, Compact Car and Mid-Size Car segments increased from July.
August 2022 New-Vehicle Sales Forecast
All percentages are based on raw volume, not daily selling rate.
About Cox Automotive
Cox Automotive Inc. makes buying, selling, owning and using vehicles easier for everyone. The global company's more than 27,000 team members and family of brands, including Autotrader®, Dealer.com®, Dealertrack®, Kelley Blue Book®, Manheim®, NextGear Capital®, VinSolutions®, vAuto® and Xtime®, are passionate about helping millions of car shoppers, 40,000 auto dealer clients across five continents and many others throughout the automotive industry thrive for generations to come. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately-owned, Atlanta-based company with annual revenues of nearly $20 billion. www.coxautoinc.com
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SOURCE Cox Automotive | https://www.kxii.com/prnewswire/2022/08/25/cox-automotive-forecast-august-us-auto-sales-languish-slow-pace-with-persistent-headwinds/ | 2022-08-25T19:03:08Z |
Man in Germany gets 90 COVID-19 shots to sell forged passes
BERLIN (AP) — A 60-year-old man allegedly had himself vaccinated against COVID-19 dozens of times in Germany in order to sell forged vaccination cards with real vaccine batch numbers to people not wanting to get vaccinated themselves.
The man from the eastern Germany city of Magdeburg, whose name was not released in line with German privacy rules, is said to have received up to 90 shots against COVID-19 at vaccination centers in the eastern state of Saxony for months until criminal police caught him this month, the German news agency dpa reported Sunday.
The suspect was not detained but is under investigation for unauthorized issuance of vaccination cards and document forgery, dpa reported.
He was caught at a vaccination center in Eilenburg in Saxony when he showed up for a COVID-19 shot for the second day in a row. Police confiscated several blank vaccination cards from him and initiated criminal proceedings.
It was not immediately clear what impact the approximately 90 shots of COVID-19 vaccines, which were from different brands, had on the man’s personal health.
German police have conducted many raids in connection with forgery of vaccination passports in recent months. Many COVID-19 deniers refuse to get vaccinated in Germany, but at the same time want to have the coveted COVID-19 passports that make access to public life and venues such as restaurants, theaters, swimming pools or workplaces much easier.
Germany has seen high infection numbers for weeks, yet many measures to rein in the pandemic ended on Friday. Donning masks is no longer compulsory in grocery stores and most theaters but it is still mandatory on public transportation.
In most schools in Germany, students also no longer have to wear masks, which has led teachers’ associations to warn of possible conflicts in class.
“There is now a danger that, on the one hand, children who wear masks will be teased by classmates as wimps and overprotective or, on the other hand, pressure will be exerted on non-mask wearers,” Heinz-Peter Meidinger, the president of the German Teachers’ Association, told dpa. He advocated a voluntary commitment by teachers and students to continue wearing masks in class and on school grounds, at least until the country goes on a two-week Easter holiday..
Health experts say the most recent surge of infections in Germany — triggered by the BA.2 omicron subvariant— may have peaked.
On Sunday, the country’s disease control agency reported 74,053 new COVID-19 infections in one day, while less than a week ago it reported 111,224 daily infections.
Overall, Germany has registered 130,029 COVID-19 deaths.
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This story corrects the number of new daily infections reported less than a week ago to 111,224.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/03/man-germany-gets-90-covid-19-shots-sell-forged-passes/ | 2022-04-03T18:32:42Z |
SAN DIEGO, July 28, 2022 /PRNewswire/ -- Funds managed by Oaktree Capital Management, L.P. ("Oaktree"), in a joint venture with MG Properties, have purchased The Platform Urban Apartments ("The Platform"), a 551-unit community in San Jose, CA.
The Platform is a transit-oriented mixed-use community with 35,000 sf of ground floor retail, completed in 2019. Located in the Berryessa submarket of San Jose, The Platform is in a premier Bay Area location defined by strong employment growth by established and expanding global technology companies.
"We believe the Bay Area is poised for a recovery and is well priced in comparison to other markets," MG Properties President Jeff Gleiberman said of MG Properties' investment. "The Bay Area market is seeing explosive employment growth which we expect to drive multi-family demand."
Jared Lazarus, managing director in Oaktree's Real Estate Group, added, "We are excited about our partnership with MG Properties to acquire The Platform, which we believe is a high-quality asset in the attractive multi-family sector. This transit-oriented, luxury community asset will strongly benefit from the Bay Area's continued economic recovery from the pandemic."
The Platform Urban Apartments is a luxury community with an attractive contemporary design, an expansive resort-style common area amenity package, and well appointed, functional floorplans.
The sellers were represented by Eastdil Secured. The acquisition of the community was financed with a loan from TPG Real Estate Finance Trust Inc., an affiliate of alternative asset management firm TPG, arranged by Eastdil Secured.
To learn more visit: www.theplatformapts.com
ABOUT OAKTREE
Oaktree is a leader among global investment managers specializing in alternative investments, with $164 billion in assets under management as of March 31, 2022. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,000 employees and offices in 20 cities worldwide. For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/.
ABOUT MG PROPERTIES
MG Properties is a privately owned, fully integrated real estate company specializing in the investment, redevelopment, and management of multi-family assets. Headquartered in San Diego, California, MG was founded in 1992 by Mark Gleiberman with the mission to enrich communities. MG's current portfolio is comprised of over 28,000 rental homes in California, Washington, Arizona, Nevada, Colorado, and Oregon, including 88 communities. For additional information, visit www.mgproperties.com.
ABOUT TRTX
TPG RE Finance Trust, Inc. is a commercial real estate finance company that originates, acquires, and manages primarily first mortgage loans secured by institutional properties located in primary and select secondary markets in the United States. The Company is externally managed by TPG RE Finance Trust Management, L.P., a part of TPG Real Estate, which is the real estate investment platform of global alternative asset management firm TPG Inc. (NASDAQ: TPG). For more information regarding TRTX, visit https://www.tpgrefinance.com/.
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SOURCE MG Properties | https://www.mysuncoast.com/prnewswire/2022/07/28/oaktree-mg-properties-acquire-san-jose-apartment-community/ | 2022-07-28T23:14:00Z |
Taco Bell testing new vegan meat alternative
Published: Aug. 18, 2022 at 9:50 PM EDT|Updated: 27 minutes ago
(CNN) - Taco Bell is testing a new plant-based meat alternative at some of its locations.
The fast-food chain announced it has debuted a new crispy melt taco at some restaurants in Alabama.
Unlike its other new items, this product is being tested with Taco Bell’s new proprietary plant-based protein.
According to the company, the product is a soy and pea protein blend inspired by classic Taco Bell flavors.
It says the American Vegetarian Association has certified the protein vegan, and it can be added to other menu options.
Testing the new product comes as Taco Bell partners with Beyond Meat for more vegetarian options.
Taco Bell said it plans to have those products available before the end of the year.
Copyright 2022 CNN. All rights reserved. | https://www.mysuncoast.com/2022/08/19/taco-bell-testing-new-vegan-meat-alternative/ | 2022-08-19T02:18:38Z |
MENLO PARK, Calif., Sept. 7, 2022 /PRNewswire/ -- Global talent solutions and business consulting firm Robert Half (NYSE: RHI) has again been named to the FORTUNE Best Workplaces in Consulting & Professional Services™ list. This annual ranking is based on analysis of survey responses from more than 104,000 employees from Great Place to Work-Certified™ companies in the consulting and professional services industry. Protiviti, Robert Half's consulting subsidiary, is also included on the list.
Surveyed employees shared feedback about their organization's culture, including their sentiments on trust, respect, credibility, fairness, pride and camaraderie in their workplaces. Companies also provided demographic data and information about their culture; diversity, equity and inclusion initiatives; innovation efforts; recruiting and training; benefits and recognition programs to demonstrate why they are a great workplace for all.
"At Robert Half, we are proud to foster an environment that values – above all else – integrity, inclusion, innovation and a commitment to success. What makes us a great place to work is our people, who live these values and contribute to our culture each day," said M. Keith Waddell, president and chief executive officer of Robert Half. "This recognition underscores our continued commitment to doing what's best for our employees and delivering on what matters most to them personally and professionally."
In the company's 2022 Great Place to Work® survey, 94% of employees at Robert Half said it's a great place to work, compared to just 57% at the typical U.S.-based company.
About Robert Half
Robert Half is the world's first and largest specialized talent solutions and business consulting firm that connects people with meaningful work and provides clients with the talent and subject matter expertise they need to confidently compete and grow. Visit roberthalf.com and download the company's award-winning mobile app.
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SOURCE Robert Half | https://www.wibw.com/prnewswire/2022/09/07/robert-half-named-one-fortunes-best-workplaces-consulting-amp-professional-services-2022/ | 2022-09-07T16:47:37Z |
CONCORD, Mass., April 27, 2022 /PRNewswire/ -- Applied BioMath (www.appliedbiomath.com), the industry-leader in providing model-informed drug discovery and development (MID3) support to help accelerate and de-risk therapeutic research and development (R&D), today announced their participation at the Bio-IT World Conference and Expo occurring May 3-5, 2022 in Boston, MA.
Kas Subramanian, PhD, Executive Director of Modeling at Applied BioMath will present "Applications of Machine Learning in Preclinical Drug Discovery" within the conference track, AI for Drug Discovery and Development on Thursday, May 5, 2022 at 1:05 p.m. E.T. In this presentation, Dr. Subramanian will discuss how machine learning methods can improve efficiency in therapeutic R&D decision making. He will review case studies that demonstrate machine learning applications to target validation and lead optimization.
"Traditionally, therapeutic R&D requires experiments on many different targets, hits, leads, and candidates that are based on best guesses," said John Burke, PhD, Co-founder, President and CEO of Applied BioMath. "By utilizing artificial intelligence and machine learning, project teams can computationally work with more data to better inform experiments and develop better therapeutics."
To learn more about Applied BioMath's presence at the Bio-IT World Conference and Expo, please visit www.appliedbiomath.com/BioIT22.
Founded in 2013, Applied BioMath's mission is to revolutionize drug invention. Applied BioMath applies biosimulation, including quantitative systems pharmacology, PKPD, bioinformatics, machine learning, clinical pharmacology, and software solutions to provide quantitative and predictive guidance to biotechnology and pharmaceutical companies to help accelerate and de-risk therapeutic research and development. Their approach employs proprietary algorithms and software to support groups worldwide in decision-making from early research through all phases of clinical trials. The Applied BioMath team leverages their decades of expertise in biology, mathematical modeling and analysis, high-performance computing, and industry experience to help groups better understand their therapeutic, its best-in-class parameters, competitive advantages, patients, and the best path forward into and in the clinic to increase likelihood of clinical concept and proof of mechanism, and decrease late stage attrition rates. For more information about Applied BioMath and its services and software, visit www.appliedbiomath.com.
Applied BioMath and the Applied BioMath logo are registered trademarks of Applied BioMath, LLC.
Press Contact: Kristen Zannella (zannella@appliedbiomath.com)
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SOURCE Applied BioMath, LLC | https://www.kxii.com/prnewswire/2022/04/27/applied-biomath-llc-present-machine-learning-drug-discovery-bio-it-world-conference-expo/ | 2022-04-27T19:23:15Z |
TAMPA, Fla., July 1, 2022 /PRNewswire/ -- The DoubleLine Yield Opportunities Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DLY, has declared a distribution of $0.1167 per share for the month of July 2022. The distribution is subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.
This news release is not for tax reporting purposes. The news release has been issued to announce the amount and timing of the distribution declared by the Board of Trustees. Distributions may include ordinary income, capital gains or return of capital. The amount of distributable income and the tax characteristics of the Fund's distributions are determined at the end of the taxable year. In early 2023, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return.
The Fund's investment objective is to seek a high level of total return, with an emphasis on current income. DoubleLine believes active asset allocation across a broad range of fixed income sectors with a disciplined approach to risk management offers value-added opportunities for both income and capital growth. The Fund cannot ensure that it will achieve its investment objective, and investing in the Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or even all of your investment.
DoubleLine Capital is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (213) 633-8200 or by e-mail at info@doubleline.com. Media can reach DoubleLine by e-mail at media@doubleline.com. DoubleLine® is a registered trademark of DoubleLine Capital LP.
To read about the DoubleLine Yield Opportunities Fund, please access the Semiannual and Annual Reports, when available, at www.doublelinefunds.com or call 877-DLINE11 (877-354-6311) to receive a copy. Investors should consider the Fund's investment objective, risks, charges and expenses carefully before investing. An investment in the Fund should not constitute a complete investment program.
This document is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale or offer of these securities, in any jurisdiction where such sale or offer is not permitted.
Fund investing involves risk. Principal loss is possible.
Shares of closed-end investment companies frequently trade at a discount to their net asset value, which may increase investors' risk of loss. This risk may be greater for investors expecting to sell their shares in a relatively short period after the completion of the public offering. There are risks associated with investment in the fund.
An investment in the Fund involves certain risks arising from, among other things, the Fund's ability to invest without limit in debt securities that are at the time of investment rated below investment grade or unrated securities judged by DoubleLine to be of comparable quality (a category of investment that includes securities commonly referred to as "high yield" securities or "junk bonds"). Securities of below investment grade quality are regarded as having predominantly speculative characteristics with respect to the issuer's capacity to pay interest and to repay principal when due. An investment in the Fund is also subject to the risk of the use of leverage. Investments in debt securities typically decline in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in asset-backed and mortgage-backed securities include additional risks that investors should be aware of including credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments.
Past performance is no guarantee of future results. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. Investments in lower rated and non-rated securities present a greater risk of loss to principal and interest than higher rated securities. Investment strategies may not achieve the desired results due to implementation lag, other timing factors, portfolio management decisions-making, economic or market conditions or other unanticipated factors. In addition, the Fund may invest in other asset classes and investments such as, among others, REITs, credit default swaps, short sales, derivatives and smaller companies which include additional risks. The Fund is a non-diversified, limited term, closed-end management investment company.
This material may include statements that constitute "forward-looking statements" under the U.S. securities laws. Forward-looking statements include, among other things, projections, estimates, and information about possible or future results related to the Fund, market or regulatory developments. The views expressed herein are not guarantees of future performance or economic results and involve certain risks, uncertainties and assumptions that could cause actual outcomes and results to differ materially from the views expressed herein. The views expressed herein are subject to change at any time based upon economic, market, or other conditions and DoubleLine undertakes no obligation to update the views expressed herein. While we have gathered this information from sources believed to be reliable, DoubleLine cannot guarantee the accuracy of the information provided. Any discussions of specific securities should not be considered a recommendation to buy or sell those securities. The views expressed herein (including any forward-looking statements) may not be relied upon as investment advice or as an indication of the Fund's trading intent. Information included herein is not an indication of the Fund's future portfolio composition.
Distributions include all distribution payments regardless of source and may include net income, capital gains, and/or return of capital (ROC). ROC should not be confused with yield or income. The Fund's Section 19a-1 Notice, if applicable, contains additional distribution composition information and may be obtained by visiting www.doublelinefunds.com. Final determination of a distribution's tax character will be reported on Form 1099 DIV and sent to shareholders. On a tax basis, as of June 30, 2022, the estimated component of the cumulative distribution for the fiscal year to date would include an estimated return of capital of $0.0455 (4%) per share. This amount is an estimate and the actual amounts and sources for tax reporting purposes may change upon final determination of tax characteristics and may be subject to changes based on tax regulations.
Any tax or legal information provided is merely a summary of our understanding and interpretation of some of the current income tax regulations and is not exhaustive. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Fund nor any of its representatives may give legal or tax advice.
Foreside Funds Services, LLC provides marketing review services for DoubleLine Capital LP.
©2022 DoubleLine Capital LP.
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SOURCE DoubleLine | https://www.mysuncoast.com/prnewswire/2022/07/01/doubleline-yield-opportunities-fund-declares-july-2022-distribution/ | 2022-07-01T14:53:02Z |
SAN ANTONIO, Sept. 6, 2022 /PRNewswire/ -- Inflation is top-of-mind for most Americans, as a majority say that they have reduced household spending in many areas except when it comes to retirement savings and life insurance. A new USAA Life Insurance Company survey explored how American civilian and military-connected families are faring in today's economy and the financial decisions they are making as a result. While 55% of civilian and 56% of military-connected families—those who have family members serving or have served in the military—said they have already made spending cuts, less than 20% of both groups report having made reductions in their life insurance expenses.
The areas most affected by household spending cuts are discretionary spending and vacation planning. In fact, consumers were almost twice as likely to reduce spending in these areas over retirement plan contributions, cybersecurity protections, and life insurance.
"This year's study shows that, as expected, consumers are adjusting their household spending due to the economy and inflation," said Brandon Carter, president of USAA Life Insurance Company. "However, this hasn't affected spending on critical, long-term financial products like retirement savings, investments and life insurance."
Additional findings in this second annual survey show a stark contrast between military-connected and civilian households in their extent of preparedness. Data shows that 53% of military-connected respondents say that their current level of life insurance is sufficient to cover all debts and replace five years of income, versus only 39% of civilians. Correspondingly, 84% of military respondents agree that if they were to die today, they are confident their family would remain financially secure versus 71% of civilians.
For those who do not currently have life insurance, this decision is largely considered through a financial lens. Those who reported being uninsured either say it costs too much (29% military and 31% civilian) or they have sufficient financial resources without it (27% military and 13% civilian)—both statistics showing little change from our 2021 survey.
From an overall financial health standpoint, survey respondents report their current household debt estimate to be virtually unchanged from 2021. While 55% of military-connected report having up to $75,000 of debt, just 58% of civilian households report the same.
"Preparedness is key when it comes to dealing with uncertain financial situations like high inflation or unexpected death," said Carter. "Life insurance may be an uncomfortable topic, but it can make an enormous difference for your family in the event of an unexpected death."
Additional findings from the 2022 survey include:
- Only about half of civilians (48%) and 60% of military-connected households have life insurance.
- Remarkably 70% of military-connected and 59% of civilians are worried that inflation is reducing spending power in retirement and/or their life insurance plan.
- An unclear or perceived high monthly cost is a contributing factor to why these respondents do not have life insurance (31% of civilians and 29% military-connected respondents).
- Money is seen as the most important instrument when passing wealth down in the family (45% civilian and 42% military-connected).
- Only 33% of civilian and 41% of military respondents who are parents have had discussions with their children about long-term financial planning.
- Slightly more than one-third of Americans are confident that they are financially prepared to care for their aging parents.
- A majority of respondents, 67% of military respondents and 57% of civilians, report they are comfortable discussing plans for an unexpected death with their families.
Learn more at http://www.usaa.com/lifesurvey
Producer note: USAA spokespersons are available for interviews about the new Life Insurance survey as well as the impact inflation has on USAA members.
About USAA's Life Insurance Survey
This research was conducted by KRC Research from June 1 to June 8, 2022, via an online survey of 2,003 Americans ages 18-75 representing both the military connected and civilian populations. The sample breakdown is as follows: n=1,000 civilians and n=1,003 military. Military representation included approximately 800 veterans and 200 currently serving—representative of the military population as a whole.
About USAA
Founded in 1922 by a group of military officers, USAA is among the leading providers of insurance, banking and investment and retirement solutions to nearly 13 million members of the U.S. military, veterans who have honorably served and their families. Headquartered in San Antonio, Tex., USAA has offices in eight U.S. cities and three overseas locations and employs more than 37,000 people worldwide. Each year, the company contributes to national and local nonprofits in support of military families and communities where employees live and work. For more information about USAA, follow us on Facebook or Twitter (@USAA), or visit usaa.com.
Life insurance and annuities provided by USAA Life Insurance Company, San Antonio, TX and in New York by USAA Life Insurance Company of New York, Highland Falls, NY. All insurance products are subject to state availability, issue limitations and contractual terms and conditions. Each company has sole financial responsibility for its own products.
Contact: USAA Media Relations
External_communications@usaa.com
210-498-0940
USAA on Twitter: @usaa
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SOURCE USAA | https://www.kxii.com/prnewswire/2022/09/06/usaa-survey-data-shows-inflation-affecting-discretionary-spending-retirement-preparations-largely-untouched/ | 2022-09-06T17:38:02Z |
MIAMI, April 25, 2022 /PRNewswire/ -- CTH Group (CTH), one of the most influential companies in the Web 3 infrastructure and blockchain ecosystem announced it is establishing its global headquarters in the City of Miami.
CTH is the holding company of three distinct businesses: Fundamental Labs, a crypto venture capital firm with over 300 portfolios; IDEG, an institutional digital asset manager; and Atlas, one of the world's largest Web 3 infrastructure service providers.
Since 2016, CTH has established a global presence across North America, Asia, and Europe.
Founder of the Group, Raymond Yuan, commented on the expansion, "Miami has proven it wants to be a global leader in the Web 3 and crypto space. It was an easy decision having seen first-hand the efforts the city is making to attract the businesses, talent and capital that drive our industry."
Under Mayor Francis Suarez, Miami has set bold ambitions to be the capital for Web 3 in the same way Silicon Valley ruled Web 2. The explosion of growth of the ecosystem, at a global scale, is fuelled by a passionate and enthusiastic community that prides itself on inclusivity and collaboration. Miami seized on the opportunity during the pandemic to lure many international conferences, forums, and events focused on Web 3, blockchain and digital assets - and the institutional investment has followed. Coupled with a growing digital asset savvy population and policies to encourage greater adoption for daily commerce, the environment in Miami is primed for rapid growth and officials expect more industry leaders such as CTH to establish headquarters or operations in the city.
Mayor Suarez commented, "We are thrilled to welcome CTH Group to the City of Miami. Establishing their global headquarters in Miami underlines the city's continued growth as the 'capital of capital' for investment and Web3 technology. Moreover, locating their global headquarters in Miami will place them at the strategic epicenter of the Web3 revolution. Miami is here to help the CTH Group as it fuels this revolution."
Raymond Yuan added, "For CTH Group to be successful we need to be close to the innovators in the space. In Miami we do not have to go far to meet entrepreneurs with new ideas, renewable energy companies hoping to collaborate with Web 3 infrastructure providers, or traditional investors looking to deploy their capital in this fast-growing sector. CTH has ambitious growth targets and our pursuit for excellence has led us to Miami to achieve them."
More about CTH Group
Learn more: www.cth.group/about_us
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SOURCE CTH Group | https://www.kxii.com/prnewswire/2022/04/26/cth-group-establish-its-global-headquarters-miami/ | 2022-04-26T00:29:50Z |
- The EUA in Taiwan allows Novavax to begin fulfilling its commitment to the COVAX Facility
GAITHERSBURG, Md., June 23, 2022 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, today announced that the Taiwan Food and Drug Administration has granted emergency use authorization (EUA) for Nuvaxovid™ (NVX-CoV2373) COVID-19 vaccine in individuals aged 18 years and over.
Novavax and Taiwan have executed a supply agreement and the doses for Taiwan would represent the first shipment of Nuvaxovid to a country participating under the COVAX Facility. COVAX was established to allocate and distribute vaccines equitably to participating countries and economies.
"Today's authorization in Taiwan is a testament to our continued global efforts to ensure access to diversified vaccine options," said Stanley C. Erck, President and Chief Executive Officer, Novavax. "As we continue to see surges of COVID-19, we believe that additional vaccine options will bolster the global vaccination rate and help reduce the impact of COVID-19."
The EUA was based on the totality of preclinical, manufacturing and clinical trial data submitted for review. This includes two pivotal Phase 3 clinical trials: PREVENT-19, which enrolled approximately 30,000 participants aged 18 years and older in the U.S. and Mexico and was published in the New England Journal of Medicine (NEJM); and a UK-based trial with almost 15,000 adult participants, also published in NEJM. In both trials, the vaccine demonstrated efficacy with a reassuring safety and tolerability profile.
Serious and severe adverse events were low in number and balanced between vaccine and placebo groups. The most common adverse reactions observed during clinical studies (frequency category of very common ≥1/10) were headache, nausea or vomiting, myalgia, arthralgia, injection site tenderness/pain, fatigue, and malaise. Novavax will continue to collect and analyze real-world data, including the monitoring of safety and the evaluation of variants, as the vaccine is distributed.
The Coalition for Epidemic Preparedness Innovations has provided critical support to Novavax, including the commitment of approximately $400 million to advance early clinical development and manufacturing scale-up around the globe.
Nuvaxovid has received authorization for use in individuals aged 18 and over from more than 40 countries in addition to Emergency Use Listing from the World Health Organization.
Authorization in the U.S.
The Novavax COVID-19 vaccine (NVX-CoV2373) has not yet been authorized for use in the U.S. and the trade name Nuvaxovid™ has not yet been approved by the U.S. Food and Drug Administration.
Important Safety Information
- Nuvaxovid 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 Nuvaxovid.
- 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.
- Nuvaxovid 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 Nuvaxovid may be lower in immunosuppressed individuals.
- Administration of Nuvaxovid in pregnancy should only be considered when the potential benefits outweigh any potential risks for the mother and foetus.
- The effects with Nuvaxovid may temporarily affect the ability to drive or use machines.
- Individuals may not be fully protected until seven days after their second dose. As with all vaccines, vaccination with Nuvaxovid 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 more information on Nuvaxovid, please visit the Novavax global authorization website.
About NVX-CoV2373
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. The vaccine 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.
The 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.
About the NVX-CoV2373 Phase 3 Trials
NVX-CoV2373 continues being evaluated in two pivotal Phase 3 trials.
PREVENT-19 (the PRE-fusion protein subunit Vaccine Efficacy Novavax Trial | COVID-19) is a 2:1 randomized, placebo-controlled, observer-blinded trial to evaluate the efficacy, safety and immunogenicity of NVX-CoV2373 with Matrix-M adjuvant in 29,960 participants 18 years of age and over in 119 locations in the U.S. and Mexico. The primary endpoint for PREVENT-19 was the first occurrence of PCR-confirmed symptomatic (mild, moderate or severe) COVID-19 with onset at least seven days after the second dose in serologically negative (to SARS-CoV-2) adult participants at baseline. The statistical success criterion included a lower bound of 95% CI >30%. A secondary endpoint was the prevention of PCR-confirmed, symptomatic moderate or severe COVID-19. Both endpoints were assessed at least seven days after the second study vaccination in volunteers who had not been previously infected with SARS-CoV-2. In the trial, NVX-CoV2373 achieved 90.4% efficacy overall. It was generally well-tolerated and elicited a robust antibody response after the second dose in both studies. Full results of the trial were published in the New England Journal of Medicine (NEJM).
The pediatric expansion of PREVENT-19 is a 2:1 randomized, placebo-controlled, observer-blinded trial to evaluate the safety, effectiveness, and efficacy of NVX-CoV2373 with Matrix-M adjuvant in 2,247 adolescent participants 12 to 17 years of age in 73 locations in the United States, compared with placebo. In the pediatric trial, NVX-CoV2373 achieved its primary effectiveness endpoint (non-inferiority of the neutralizing antibody response compared to young adult participants 18 through 25 years of age from PREVENT-19) and demonstrated 80% efficacy overall at a time when the Delta variant of concern was the predominant circulating strain in the U.S. Additionally, immune responses were about two-to-three-fold higher in adolescents than in adults against all variants studied.
Additionally, a trial conducted in the U.K. with 14,039 participants aged 18 years and over was designed as a randomized, placebo-controlled, observer-blinded study and achieved overall efficacy of 89.7%. The primary endpoint was based on the first occurrence of PCR-confirmed symptomatic (mild, moderate or severe) COVID-19 with onset at least seven days after the second study vaccination in serologically negative (to SARS-CoV-2) adult participants at baseline. Full results of the trial were published in NEJM.
About Matrix-M™ Adjuvant
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.
About Novavax
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 currently under review by multiple regulatory agencies worldwide and will soon be under review in the U.S. for use in adults, adolescents and as a booster. In addition to its COVID-19 vaccine, Novavax is also currently evaluating a COVID-seasonal influenza combination vaccine candidate in a Phase 1/2 clinical trial, which combines NVX-CoV2373 and NanoFlu*, its quadrivalent influenza investigational vaccine candidate, and is also evaluating an Omicron strain-based vaccine (NVX-CoV2515) as well as a bivalent Omicron-based / original strain-based vaccine. These vaccine candidates incorporate Novavax' proprietary saponin-based Matrix-M adjuvant to enhance the immune response and stimulate high levels of neutralizing antibodies.
For more information, visit www.novavax.com and connect with us on LinkedIn.
Forward-Looking Statements
Statements herein relating to the future of Novavax, its operating plans and prospects, its partnerships, the timing of clinical trial results, the ongoing development of NVX-CoV2373, a COVID-seasonal influenza investigational combination vaccine candidate, 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, the potential impact and reach of Novavax and NVX-CoV2373 in addressing vaccine access, controlling the pandemic and protecting populations, and the efficacy, safety and intended utilization of 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 and subsequent Quarterly Reports on Form 10-Q, 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
Alex Delacroix | 240-268-2022
ir@novavax.com
Media
Ali Chartan | 240-720-7804
media@novavax.com
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SOURCE Novavax, Inc. | https://www.wibw.com/prnewswire/2022/06/23/novavax-nuvaxovid-covid-19-vaccine-receives-emergency-use-authorization-taiwan-use-individuals-aged-18-over/ | 2022-06-23T20:58:23Z |
SANTA CLARA, Calif., July 21, 2022 /PRNewswire/ -- Semler Scientific, Inc. (Nasdaq: SMLR), a company that provides technology solutions to improve the clinical effectiveness and efficiency of healthcare providers, today announced that it will report financial results for the second quarter and first half ended June 30, 2022, after the close of U.S. financial markets on Tuesday, August 2, 2022. Doug Murphy-Chutorian, M.D., chief executive officer of Semler Scientific, will host a conference call at 4:30 pm ET the same day. Andrew Weinstein, senior vice president, finance and accounting, Dennis Rosenberg, chief marketing officer, and Renae Cormier, head of corporate communications and business strategy, will join him on the call.
We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10168191/f35f88fef1. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time.
Those without internet access or unable to pre-register may dial in by calling:
Domestic callers: 866-777-2509
International callers: 412-317-5413
Please specify to the operator that you would like to join the "Semler Scientific Call." The conference call will be archived on Semler Scientific's website at www.semlerscientific.com.
Semler Scientific, Inc. is a company that provides technology solutions to improve the clinical effectiveness and efficiency of healthcare providers. Semler Scientific's mission is to develop, manufacture and market innovative products and services that assist its customers in evaluating and treating chronic diseases. Semler Scientific's patented and U.S. Food and Drug Administration (FDA), cleared product, QuantaFlo®, is a rapid point-of-care test that measures arterial blood flow in the extremities to aid in the diagnosis of cardiovascular diseases, such as peripheral arterial disease (PAD). QuantaFlo® is used by Semler Scientific's customers to more comprehensively evaluate their patients for risk of mortality and major adverse cardiovascular events (MACE), associated with a positive QuantaFlo® test. Semler Scientific has an agreement with a private company to exclusively market and distribute Insulin Insights™, an FDA-cleared software product that recommends optimal insulin dosing for diabetic patients in the United States, including Puerto Rico, except for selected accounts, and it made investments in this private software company and in another private company whose product, Discern™, is a test for early Alzheimer's disease. Semler Scientific continues to develop additional complementary innovative products in-house, and seeks out other arrangements for additional products and services that it believes will bring value to its customers and to the company. Semler Scientific believes its current products and services, and any future products or services it may offer, positions it to provide valuable information to its customer base, which in turn permits them to better guide patient care. Additional information about Semler Scientific can be found at www.semlerscientific.com.
CONTACT:
Susan A. Noonan
S.A. Noonan Communications
susan@sanoonan.com
917 513 5303
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SOURCE Semler Scientific, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/21/semler-report-second-quarter-first-half-2022-financial-results-host-conference-call-august-2-2022/ | 2022-07-21T12:47:17Z |
VIDEO: Man appears to try to run over Black kids on bikes while using racial slurs
RIPLEY, Miss. (WHBQ) – A Mississippi man is facing charges after he was accused of trying to run over a group of Black teenagers on their bikes.
The white driver, identified as Mark Hall, posted a video of himself on social media using racial slurs while speeding toward the group of teens.
In the video, Hall can be heard saying “50 points” as he drives at them. He also can be heard calling them the N-word.
Dozens of parents and family members showed up at the Ripley Police Department to make sure that stiff charges were made against Hall.
Miriam Simelton Anderson represents the parents and says simple assault charges and more are coming.
“We are exuberant that they have included the crime of hate, because there will be another body of persons to investigate this and make sure that he comes to justice like he should be,” Simelton Anderson said.
Hall was booked into the Tippah County Jail Monday on nine counts of simple assault and attempt of physical menace to create fear. His bond was set at $45,000.
Clarence Holmes’ son was one of the kids on the bikes.
“He could have hurt those guys. He could have killed somebody or anything, but he had no regard for those Black lives that were out there,” Holmes said.
Willie Hill’s son was also among the group of teens in the video.
“We are living in a time that is supposed to be progressive. We are supposed to be progressive people, but we are still dealing with the same things that we were dealing with back when my grandparents and great grandparents were around,” Hill said.
Copyright 2022 WHBQ via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/27/video-man-appears-try-run-over-black-kids-bikes-while-using-racial-slurs/ | 2022-07-27T18:31:35Z |
Over 400 attendees, including a star from Tyler Perry's, "The Oval" joined in the annual celebration of freedom
DAYTONA BEACH, Fla., Aug. 1, 2022 /PRNewswire/ -- Returning after a two-year hiatus, The Juneteenth Daytona Committee successfully celebrated another year of African-American freedom and achievements with their annual banquet-style event. The, "Hometown Hero" award banquet featured African dancers, a buffet-style dinner, honored 20 hometown heroes, awarded five college scholarships, and had a special appearance from a cast member of "Tyler Perry's: The Oval".
This is the 24th year of celebrating Juneteenth in Daytona Beach, with high success. Daytona was one of the first in the state of Florida to begin observing Juneteenth and continues to host one of the largest Juneteenth Festivals in the state. These celebrations are special to the Daytona Beach community due to the tradition and community it tends to tether together. Every year the Juneteenth Daytona Committee puts together multiple events for community outreach such as the Juneteenth Festival & the Hometown Heros banquet.
This year's Hometown Hero Banquet took place on the campus of Embry-Riddle University at the Mori Hosseini Student Union and recognized several leaders in the community as heroes for all of their accomplishments. The banquet had over 400 in attendance which was the largest to date. featuring; cultural entertainment, the crowning of 'Little Ms. & Mr.' Juneteenth, and awarded five (5) college scholarships to students on behalf of the Juneteenth Daytona Committee. Honorable guest and Florida native, Kaye Singleton of 'Tyler Perry's: The Oval' made an appearance to celebrate the event as well. Committee Chair- Linda McGee states the importance of Juneteenth resonates throughout the year for most Americans. "Juneteenth is a day that we pray for peace and liberty for all," McGee continues "We assemble young and old to listen, learn, and to refresh the drive to achieve. It is a day we can all take one step closer together - to utilize better the energy wasted on racism." Sponsors such as Embry-Riddle University and The City of Daytona Beach, Florida Lottery - Bright Futures Scholarships, and Foundation Risk Partners continue to make events like this possible.
As the month of June is behind us, the committee wants residents to keep the spirit of Juneteenth year-round. The Juneteenth Daytona Committee is always searching for more heroes to highlight throughout the year. Join this organization in creating more opportunities and celebrating Black accomplishments by following the organization on social media.
Juneteenth is a day on which honor and respect are paid for the sufferings of slavery. It is a day that we talk about our history, realizing that because of it, there will always be a bond between us. On Juneteenth, we think about that moment in time when the enslaved in Galveston, Texas received word of their freedom. We imagine the depth of emotions, their jubilant dance, and their fear of the unknown. Juneteenth is a day that we commit to each other the needed support as family, friends, and co-workers. It is a day that we can build coalitions that enhance African-American economics.
Want more visual content from the event?:
Press Contact:
Committee Chair-Linda McGee
Juneteenth Festival Group, Inc
Committee@JuneteenthDaytona.com
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SOURCE Juneteenth Festival Group, Inc | https://www.kxii.com/prnewswire/2022/08/01/24-years-celebrating-juneteenth-amp-hometown-heroes-daytona-beach/ | 2022-08-01T17:30:09Z |
RANCHO CUCAMONGA, Calif., July 15, 2022 /PRNewswire/ -- In partnership with Inland Empire Health Plan (IEHP), celebrity chef Mario Christerna has brought healthy cooking to the Inland Empire (I.E.) by showing Members and community residents how to cook delicious, traditional meals with a healthy and spicy twist at the health plan's Victorville Community Resource Center.
A 2018 MasterChef Latino judge, Chef Mario is a Boyle Heights native and has expertise elevating the culinary experience of residents in and around the Los Angeles area. Chef Mario's demonstrations highlight cooking with both new and familiar ingredients that are proven to address common health issues in the region, including diabetes and hypertension.
"Healthy eating doesn't need to mean bland or boring food and Chef Mario knows how to make that possible," said IEHP's Community Health Senior Director Cesar Armendariz. "We're thrilled to connect Chef Mario to our Members and communities to learn how to better utilize spices and well-known ingredients to better manage our health and wellness in a vibrant, delicious manner."
Chef Mario's cooking demonstrations are open to the community and take place in July every Tuesday from 12:30 p.m. - 1:30 p.m. Classes in August will be every Thursday from 10:30 a.m. - 11:30 a.m. at the health plan's Victorville center, located at 12353 Mariposa Road, Suites C-2 & C-3. IEHP also plans to record demonstrations for public use in the coming months.
"This partnership means so much to me on a personal level. A healthy way of life should be available to all – it's such an important component of health care that is often ignored," said Chef Mario. "Food is the connection to everything, from our physical well-being to our mental well-being. There has been no greater time than now to embrace healthy eating but not sacrifice the flavor. I'm so excited to partner with IEHP and have so many fun demos, recipes and other surprises coming."
In addition, IEHP will connect Chef Mario to community partners for additional cooking demonstrations and civic events.
"IEHP is proud to provide education and resources to Members and community residents who want to learn how to better manage their health through cooking. We're excited to have Chef Mario's help as we continue to look for ways to serve our community," said IEHP Chief Executive Officer Jarrod McNaughton.
To learn more about IEHP's Community Resource Centers or to find a nutrition class, visit iehp.org.
About IEHP
With a mission to heal and inspire the human spirit, Inland Empire Health Plan (IEHP) is one of the top 10 largest Medicaid health plans and the largest not-for-profit Medicare-Medicaid plan in the country. In its 26th year, IEHP is supporting more than 1.5 million residents in Riverside and San Bernardino counties who are enrolled in Medicaid or Cal MediConnect Plans and has a growing network of over 7,800 providers and nearly 2,700 Team Members. Through dynamic partnerships with Providers and Community Organizations, paired with award-winning service and a tradition of quality care, IEHP is fully committed to their vision: We will not rest until our communities enjoy optimal care and vibrant health. For more information, visit iehp.org.
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SOURCE Inland Empire Health Plan (IEHP) | https://www.kxii.com/prnewswire/2022/07/15/celebrity-chef-provides-healthy-cooking-demos-ie-residents/ | 2022-07-15T18:17:35Z |
- Saudi Arabia hosts largest UNWTO Executive Council meeting since pandemic
- UNWTO Secretary General and Ministers praise Saudi focus on tourism
- UNWTO agenda focuses on key global issues in tourism
JEDDAH, Saudi Arabia, June 7, 2022 /PRNewswire/ -- Saudi Arabia hosted the official opening of the 116th UNWTO Executive Council Meeting today, a powerful vehicle that brings together global tourism leaders to shape the future of the sector.
As First Vice Chair of the UNWTO Executive Council, His Excellency Ahmed Al Khateeb discussed with global leaders how tourism must be a key part of a stronger and more sustainable world and called for greater collaboration to accelerate the sector's recovery.
His Excellency Ahmed Al Khateeb, Minister of Tourism, Saudi Arabia, commented: "Tourism is a vital driver of growth, opportunity, and development and today, we are at global cross-roads. Our sector could create 58 million jobs in 2022, to reach more than 330 million, just 1% below pre-pandemic levels. This can only be achieved with strong leadership, a clear vision, and resources.
"Tourism's restart in many countries around the world offers a unique chance to rethink tourism governance, communications and beyond. We have an incredible opportunity to set a new way forward, to create a strong future for the global tourism sector, and we must seize it."
Adopting the Meeting agenda, Member States welcomed the report on current trends in international tourism provided by UNWTO Secretary General Zurab Pololikashvili alongside UNWTO monitoring reports and tools developed since the outbreak of COVID-19.
UNWTO Secretary-General, His Excellency Zurab Pololikashvili, and His Excellency Siandou Fofana, Minister of Tourism of Côte d' Ivoire and Chair of the UNWTO Executive Council, said: "It is our joint responsibility to shape a more sustainable tourism sector. We must re-think tourism development, re-invent tourism destinations and businesses and re-build the whole of the tourism eco-system. The 116th UNWTO Executive Council is where we come together to take the first steps towards this ambitious but vital goal. Thank you, Saudi Arabia, for enabling us to meet in person and kick-start this journey."
The two-day meeting, held in the historical city of Jeddah, is the biggest in-person, Executive Council meeting held since the pandemic began. Aimed at fostering strong coordination between member states to boost the recovery of global tourism, the meeting demonstrated the Executive Council's determination to adopt a joined-up approach.
His Excellency was joined in Jeddah by Ministers and representatives from 35 Member States of the Executive Council, alongside global tourism leaders and private sector decision-makers.
***NOTE TO EDITORS
Ministry of Tourism of Saudi Arabia
Saudi Arabia's Ministry of Tourism leads the Saudi Tourism ecosystem, with support from the Saudi Tourism Authority and the Tourism Development Fund.
The Ministry sets the Kingdom's tourism sector strategy and is responsible for the development of policies and regulations, developing human capital, gathering statistics, and attracting investment. It works in partnership with the Saudi Tourism Authority, which promotes Saudi Arabia as a global tourism destination, and the Tourism Development Fund, which executes the Ministry's investment strategy by providing funding for the sector's development.
Headed by His Excellency Ahmed Al Khateeb, the Ministry was founded in February 2020, following the opening of Saudi Arabia to international leisure tourists for the first time in its history in 2019. Saudi Arabia aims to welcome 100 million tourism visits by 2030, increasing the sector's contribution to GDP from 3% to 10%.
About the United Nations World Tourism Organization
The World Tourism Organization (UNWTO) is the United Nations agency responsible for the promotion of responsible, sustainable and universally accessible tourism.
As the leading international organization in the field of tourism, UNWTO promotes tourism as a driver of economic growth, inclusive development and environmental sustainability and offers leadership and support to the sector in advancing knowledge and tourism policies worldwide.
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SOURCE Ministry of Tourism of Saudi Arabia | https://www.wibw.com/prnewswire/2022/06/07/saudi-arabia-hosts-un-meeting-tourism-recovery-agrees-steps-strengthen-sector-resilience-sustainability-amp-prosperity/ | 2022-06-07T21:47:36Z |
Developed by an experienced education facilities firm, the girls' charter school will provide a beautiful education space for young female athletes using modern modular building methods
CARSON, Calif., June 13, 2022 /PRNewswire/ -- CRATE Modular, a leading manufacturer of steel modular buildings, today announced they are collaborating with Education Facilities Group(EFG) to manufacture the modules that will comprise a 23,000 square-foot facility for the Girls Athletic Leadership School (GALS LA) in Los Angeles. The new GALS LA two-story educational building will feature (17) state of the art modern classrooms constructed from repurposed shipping containers that featuring open space with abundant natural light and full-height glazing.
GALS LA is an all-girls charter school that takes a holistic approach to development, recognizing a connection between a healthy mind and body. The school integrates health and wellness by providing a curriculum addressing physical, emotional and psychosocial needs of female students.
CRATE manufactures multifamily and public works projects, and has a long history of building schools locally in LA. Their innovative modular construction process and streamlined approach allows for expedited schedules. For education facilities like GALS LA, this means that buildings can be deployed rapidly, and schools open sooner.
"We are always enthusiastic to take on education projects," said CRATE Modular CEO Rich Rozycki. "Right now, there is a great need for more space and classrooms in the education system. The challenge is building while keeping school schedules intact, but with a modular approach, fabrication is swift."
Partnering on the project is EFG, a local school developer. They lead teams through EFG has extensive experience building schools in California, including the Renaissance Arts Academy in northeast Los Angeles, Magnolia Science Academy in Santa Ana and Equitas Academy Charter School in Los Angeles. The GALS LA facility will be the first EFG education project that is modularly constructed, serving as a milestone for the organization.
"GALS LA will better exemplify how education facilities can be delivered both cost-efficiently and quickly, while also maintaining a beautiful and high-quality infrastructure" Rozycki said. "We are excited to add GALS LA to our fast-growing portfolio of meaningful projects. Projects like these are incredibly rewarding - good schools contribute to thriving communities. We are always happy to be part of community building."
CRATE Modular is an industry leader in steel modular construction for the multifamily, educational, residential, and commercial construction sectors. We have years of experience with project types of all sizes and complexities. CRATE's approach eliminates workflow inefficiencies, shortens the development cycle compared to conventional site-built construction, reduces waste, and produces stronger and more durable buildings. CRATE Modular buildings are manufactured in Los Angeles and are delivered ready-to-install. For more information, please visit https://cratemodular.com/
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SOURCE CRATE Modular | https://www.wibw.com/prnewswire/2022/06/13/crate-modular-partners-with-education-facilities-group-efg-construct-new-modular-education-building-los-angeles/ | 2022-06-13T18:51:24Z |
NEWPORT BEACH, Calif., May 25, 2022 /PRNewswire/ -- DAIM turns 4 this month! What started off as a vision to provide regulated crypto advice and management has grown into a full service firm. Back in early 2018, regulators were skeptical of digital assets and were hesitant to approve the first of its kind investment advisor specifically for crypto. The firm now has over 200 client accounts that encompass brokerage and corporate accounts, IRAs, 401ks, and Trusts. The business resides in Newport Beach CA where we host clients onsite or over the phone to ensure a personal experience when it comes to investing in digital assets. The human touch is still very needed when it comes to alternative investing. DAIM has also launched a TAMP for financial advisors and asset managers, which gives them the ability to get pure crypto assets for each of their clients. This service is extremely valuable since DAIM also serves as the fiduciary, which lightens the compliance burden. Best of all, the advisors still get to count the investments as their AUM and receive their fee. The service and management cost less than the management fee on GBTC. This summer DAIM will be launching a fund structure to compliment the already successful Model Portfolio.
DAIM finds that the most common questions asked by new investors are:
How to buy?
How to store?
If you have similar questions or want to allocate a large dollar amount into this space with the help of an experienced advisor, email or call us!
CONTACT: Public Relations, HQ@daim.io, 888-600-4522
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SOURCE Digital Asset Investment Management | https://www.wibw.com/prnewswire/2022/05/25/daim-celebrates-its-fourth-year-since-founding/ | 2022-05-25T21:08:15Z |
White House: 1st shots for kids under 5 possible by June 21
WASHINGTON (AP) — The Biden administration said Thursday that children under 5 may be able to get their first COVID-19 vaccination doses as soon as June 21, if federal regulators authorize shots for the age group, as expected.
White House COVID-19 coordinator Ashish Jha outlined the administration’s planning for the last remaining ineligible age group to get shots. He said the Food and Drug Administration’s outside panel of advisers will meet on June 14-15 to evaluate the Pfizer and Moderna shots for younger kids. Shipments to doctors’ offices and pediatric care facilities would begin soon after FDA authorization, with the first shots possible the following week.
Jha said states can begin placing orders for pediatric vaccines on Friday, and said the administration has an initial supply of 10 million doses available. He said it may take a few days for the vaccines to arrive across the country and vaccine appointments to be widespread.
“Our expectation is that within weeks every parent who wants their child to get vaccinated will be able to get an appointment,” Jha said.
The Biden administration is pressing states to prioritize large-volume sites like children’s hospitals, and to make appointments available outside regular work hours to make it easier for parents to get their kids vaccinated.
Jha acknowledged the “frustration” of parents of young children who have been waiting more than a year for shots for their kids.
“At the end of the day we all want to move fast, but we’ve got to get it right,” he said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/02/white-house-1st-shots-kids-under-5-possible-by-june-21/ | 2022-06-02T20:30:35Z |
WHITESBURG — The Deerfield-Windsor cross country teams traveled to the Atlanta area this past weekend to compete in the Bob Blastow 2022 Early Bird Race with hundreds of runners on site.
Deerfield-Windsor's Garrison Slaughter finished fourth in the boys race out of 176 competitors. DWS freshman Jack Moore wasn't far behind in 15th place and the Knights finished sixth as a team against some of the largest high schools in Georgia.
The Lady Knights excelled as well. Jane Strickland led the Lady Knights with a 10th place finish and freshman Anna Chapman crossed the line a minute later in 12th place, while Sophie Singleton placed 16th. The DWS girls finished second in the team rankings, behind McIntosh High School (Peachtree City), which had six of the top eight finishers. Brookstone of Columbus, a fellow GIAA competitor for DWS, finished third in the girls team rankings.
“We pride ourselves on training hard and racing fast," said Deerfield-Windsor head coach Jake Clawson. "This group put in a solid summer and I think that they're setting themselves up for some strong performances later in the season. We also make it a point to travel up to Atlanta to run in these big meets as much as we can. It's humbling to be buried in a 200-person field full of fast kids.
"If they can learn to compete against big fields full of fast teams, we'll hopefully be able to respond to the pressure of competing at the state meet in late October."
Jackson Belusko (38), Ethan Newsome (50), and Michael Collins (77) finished the scoring for the Knights in the boys race. Lily Kate Castle (21) and Annabelle Scott (22) finished the scoring for the Lady Knights.
Competing against high school-aged runners, DWS eighth-grader Mangham Pippin finished eighth, a minute behind the winner. In the JV girls race, DWS eighth grader Margret Hodges crossed the line in sixth place, less than two minutes behind the winner.
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accounts, the history behind an article. | https://www.albanyherald.com/sports/deerfield-windsor-cross-country-teams-excel-in-bob-blastow-meet/article_12cb236a-2819-11ed-9348-2b02b794799c.html | 2022-08-30T05:37:03Z |
World's Largest Connected Fitness Company Broadens Distribution Channels and Expands Brand Awareness
NEW YORK, Aug. 24, 2022 /PRNewswire/ -- Peloton Interactive, Inc. (NASDAQ: PTON) today announced the Peloton Bike, Guide, and select accessories and apparel are now available for purchase in Amazon's U.S. stores, with Bike delivery available to most of the United States.
Prior to today, Peloton's new products and accessories were sold, exclusively, through the brand's e-commerce site, inside sales channels and global showrooms. This collaboration allows Peloton to expand its distribution and more immediately engage millions of Peloton Members and prospective Members in a new channel for the brand, making products and accessories more readily accessible in Amazon stores. Customers can search for the products in Amazon stores to see if they are available for purchase and delivery in their area.
The initiative is the latest move by Peloton to innovate and drive growth by collaborating with the world's best-in-class e-commerce retailer to expand access to its highly sought-after suite of connected fitness products.
"Expanding our distribution channels through Amazon is a natural extension of our business and an organic way to increase access to our brand," said Peloton Chief Commercial Officer, Kevin Cornils. "We want to meet consumers where they are, and they are shopping on Amazon. Providing additional opportunities to expose people to Peloton is a clear next step, as we continue to generate excitement for our unparalleled connected fitness experience."
As part of the Amazon experience, the Peloton Bike will be available with a convenient in-home delivery, and customers have the option to assemble the bikes themselves or select an add-on expert assembly option available in the majority of the US. The in-home delivery and expert assembly are offered at no additional cost to customers.
"We are thrilled to have Peloton products available for our customers in Amazon stores," said Jim Adkins, Vice President of Recreational and Vocational categories at Amazon. "Peloton is all about bringing their community and energizing fitness routines into the home. With Amazon's convenient shopping experience, we hope to further that mission by providing customers with high quality, innovative products to take their health and fitness to the next level."
Peloton products available at launch will include:
- Peloton Bike: Original Peloton Bike | Indoor Stationary Exercise Bike with Immersive 22" HD Touchscreen. Priced at $1445 USD at launch.
- Peloton Guide: Strength Training Device with Built-In Camera Technology, Movement Tracker, and Handheld Remote with Voice Activation. Priced at $295 USD at launch.
- ACCESSORIES:
- APPAREL:
For more information and images, please click here for the Peloton Bike, and here for the Peloton Guide.
Peloton is the leading interactive fitness platform in the world with a loyal community of more than 7 million Members. The Company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that motivate its Members to be the best versions of themselves. An innovator at the nexus of fitness, technology, and media, Peloton has reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, and world-class streaming digital fitness and wellness content, creating a product that its Members love. Consumers can access the brand's immersive content through the Peloton Bike, Peloton Tread, Peloton Bike+, Peloton Guide and Peloton App, which allows access to a full slate of fitness classes across disciplines, on any iOS or Android device, Apple TV, Fire TV, Roku TVs, and Chromecast and Android TV. Organizations and enterprises can access select Peloton products and the platform for their teams and customers through Peloton Corporate Wellness or Peloton Commercial. Founded in 2012 and headquartered in New York City, Peloton has a growing number of retail showrooms across the US, UK, Canada, Germany, and Australia. For more information, visit www.onepeloton.com.
Media Contact:
Letena Lindsay
press@onepeloton.com
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SOURCE Peloton | https://www.wibw.com/prnewswire/2022/08/24/peloton-launches-products-apparel-accessories-amazons-us-stores/ | 2022-08-24T14:16:59Z |
World Premier of DeNA's CAPTAIN TSUBASA: ACE, updates for HoYoverse's Genshin Impact, NARAKA: BLADEPOINT Mobile, and More
LOS ANGELES, July 25, 2022 /PRNewswire/ -- TapTap Presents, the digital showcase connecting gaming fans worldwide, completed another successful event this past weekend earning more than 10 million views on Saturday, July 23. The show introduced new titles and updates for 24 games available to download and pre-register on the TapTap App.
Developer XD Inc. brought exciting world premieres including the mobile version of Totally Accurate Battle Simulator, Steam's most popular battle sim to date as well as Project SCE, the handy tool that helps small development teams and players bring their biggest ideas to life! Go Go! Muffin!, the fantasy idle RPG featuring Midgard's most perfect, unique, and considerable pal, Muffin, also made its debut alongside many others. And Etheria:Start, the Turn-based RPG in Unreal Engine 4 also made its debut to worldwide gamers.
The latest installment of the classic cross-platform ARPG franchise Torchlight: Infinite, revealed updated gameplay footage as well as a new hero, Thea, to be released in October 2022 and available to pre-register now on the App Store or TapTap. T3 Arena is a 3v3 hero shooter where you can team up with your friends and jump into the Arena anytime, anywhere. T3 Arena will bring a new season titled "Lights On," a new hero, YAA, and so much more on August 4, 2022!
AAA mobile developer DeNA revealed CAPTAIN TSUBASA: ACE, a multiplayer online soccer game inspired by the anime of the same name. Play as your favorite celebrity athletes and experience perfectly recreated scenes from the show. HoYoverse's famous open world adventure RPG, Genshin Impact, unveiled new companions and adventures. Travelers, the journey to Sumeru is about to begin!
An impressive roster of games are available to pre-register now on the TapTap app including the mobile edition of popular multiplayer action game NARAKA: BLADEPOINT Mobile. Producer 24 Entertainment revealed brand new details about the mobile version at the show. Also available for pre-registration is ANNULUS, the classic turn-based strategy game with diverse gameplay from developer Indrasoft. Players must fight like never before in order to break the rules of fate and secure safety for their land and glory for themselves.
The open-world action game Wuthering Waves from developer KuroGames, showcased an outstanding live demo featuring new gameplay. Its exceptional movement design allows for a wide variety of character actions, enabling players to maneuver through the air with ease. Stay tuned for more news coming soon!
Sword of Convallaria: For This World of Peace, the pixel-style wargame independently developed by XD Inc. and composed by renowned artist Hitoshi Sakimoto, is available for pre-registration on TapTap now, with a multi-platform experience for all devices coming soon. The alien-themed 3D hunting ARPG, Yeager: Hunter Legend, announced an open BETA available in Q4 2022. Explore the mysterious planet of Ekors and fight against its ferocious beasts.
TapTap also announced some fabulous independent titles including Neon Abyss: Infinite, the amazing mobile roguelike featuring unlimited item synergies and a unique dungeon evolution system; Koi Remake, the 3D reimagining of the award-winning exploration game; among others available to pre-register now.
The hour-long showcase featured these exciting announcements alongside many more. In case you missed it, visit TapTap Presents' official event page to refresh, connect, and share your favorites with the TapTap community.
"We are excited to have concluded another successful showcase, introducing remarkable new titles to the TapTap community and gamers around the world," said Huang Yimeng, Co-Founder and CEO of XD Inc. responsible for the production of TapTap Presents. "We strive to release quality content and generate new games of a higher caliber through the combined efforts of TapTap and XD Inc. It is through the support of our players that we're able to continue these efforts and grow our audience year after year. It is because of this that we thank all who tuned in to the show and we look forward to seeing you all next year!"
TapTap Presents 2022 is the third installment of the annual mobile game showcase that has been anticipated and viewed by millions of fans each year around the world. The show has garnered a total of more than 20 million views to date from English and Chinese speaking audiences alike. TapTap caters to an international audience and provides mobile gaming as well as exceptional community bonding opportunities through open player to player, and player to developer connections.
TapTap Presents' full 2022 showcase VOD can be rewatched in English via YouTube, Twitch and Twitter.
To stay informed on what TapTap has to offer, please visit the official website, follow TapTap on Twitter and Facebook, join the community on Discord, and search for #TapTapPresents on social media.
Assets
About TapTap
TapTap is a mobile gaming oasis built on the pillars of community and accessible gamer to developer connection. Co-founded in 2016 by XD Inc., TapTap hosts a wide variety of high quality AAA and indie mobile titles, and aims to bond like-minded gamers through their favorite games. The platform allows players to connect with developers, content creators, and each other creating a united community of passionate individuals.
To learn more about the TapTap community, visit the official TapTap website.
About XD Inc.
XD Inc. (HKEX: 2400) is a games developer and publisher. Founded in 2011, XD and its video game craftsmen are on a mission to deliver captivating experiences and inspire gamers around the world. In addition to its extensive portfolio of award-winning games including Sausage Man, Muse Dash, and Ragnarok M, XD has built the mobile game distribution platform and community, TapTap, to become one of the most vibrant gaming ecosystems with over 41 million monthly active users worldwide.
To learn more, visit XD Inc's official website.
TapTap PR Team | pr@xd.com
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SOURCE X.D. Network Inc. | https://www.mysuncoast.com/prnewswire/2022/07/25/taptap-presents-mobile-showcase-featured-exciting-reveals-this-past-weekend/ | 2022-07-25T07:55:21Z |
DALLAS (KDAF) — No matter what age you are or whatever stage of life you might be in, getting some video game time in with your friends or family is usually always going to be a good time.
Whether you’re reliving your glory days or staying young forever (as you should) playing video games is a fun way to spend an afternoon with your loved ones. What’s great about this is that Friday, July 8 is National Video Game Day! With how hot it’s been, spending some extra time indoors doesn’t sound like too bad of an idea.
Of course, NationalToday is as pumped as anyone to celebrate this glorious day of gaming, “They’re exciting, invigorating, and most importantly — not just for kids. The very first video game ever invented involved simple table tennis. Today, there are over five million games in existence. From high-speed racing adventures to perilous virtual dueling matches, there’s a genre for everyone to enjoy.”
No need to delay the inevitable, we know why you’re here and it’s for the list of the best video game arcades to play at in Dallas, according to Yelp:
- Cidercade Dallas
- Free Play
- National Videogame Museum
- Corky’s Gaming Bistro
- Nickel Mania
- Retro Madness – Bedford
- PLAYlive Nation
- Dave & Buster’s
- Electric Gamebox – Grandscape
- KidMania
Also, don’t forget Pinstack and the Main Event! | https://cw33.com/news/local/heres-where-to-find-the-best-video-game-arcades-in-dallas/ | 2022-07-08T16:35:42Z |
Best-Selling Author Dr. Dennis Kimbro to Deliver GGU's 2022 Commencement Address
SAN FRANCISCO, April 19, 2022 /PRNewswire/ -- For the first time since 2019, Golden Gate University will hold an in-person commencement ceremony on Saturday, April 23 at Oracle Park in San Francisco. More than 330 graduates from the classes of 2022, 2021, and 2020 will attend and join the more than 68,000 alumni who are part of GGU's 121-year legacy.
New York Times best-selling author, speaker, researcher, mentor, and Clark Atlanta University business school Professor Dr. Dennis Kimbro will address graduates during commencement and receive an honorary Doctor of Humane Letters degree.
A tireless educator, Dr. Kimbro is widely recognized as an authority on leadership, personal and professional success, wealth, entrepreneurship, management, peak performance, and African American history.
"We are thrilled that Dr. Kimbro will speak to our graduates with the profound knowledge, insight, and inspiration that his books and presentations so effectively convey. The impact he has on students and society, as professor, best-selling author, researcher, public speaker, and mentor will inspire our graduates as they embark on successful careers and professional advancement." said GGU President David J. Fike.
The ceremony will begin at 10 a.m. and will also feature student speakers Sakshi Thinda Kalkat and Charita White.
"I cannot overstate how enthusiastic we are to be coming together in person with graduates, parents, faculty, and honorees for GGU's commencement," said Barbara Mendelson, GGU Board of Trustees Chair. "Few groups of graduates are more deserving of a celebration than the classes of 2022, 2021, and 2020—who have distinguished themselves with hard work, sacrifice, and determination during the challenges of the COVID pandemic."
About Golden Gate University:
Golden Gate University, a private nonprofit university in the heart of San Francisco, empowers working adults to achieve their professional goals with nationally renowned undergraduate and graduate degrees and certificates in accounting, law, taxation, business, and related areas. Founded in 1901, GGU has been a leader in online education for nearly three decades, and its evening and weekend programs offer maximum flexibility. The law school provides students with a strong foundation in legal theory and the critical skills necessary to be a successful practitioner, and its diverse student body reflects a deep commitment to access and opportunity. GGU is accredited by the American Bar Association (ABA) and the WASC Senior College and University Commission.
About Dr. Dennis Kimbro:
Dr. Dennis Kimbro is a tireless educator, New York Times best-selling author, and business school professor at Clark Atlanta University. Dr. Kimbro is universally characterized as an authority on leadership, wealth, and success. Dr. Kimbro received his B.A. degree from the University of Oklahoma, and an M.A. and doctorate from Northwestern University where he studied wealth and poverty among underdeveloped countries. With his course work behind him, Dr. Kimbro combed the country interviewing scores of America's most notable achievers. Eventually, his inquisition led to the question: How can impoverished Black Americans pull themselves out of their poverty and reach their full potential?
CONTACT
Jenny McKeel
jmckeel@ggu.edu
Golden Gate University
536 Mission Street
San Francisco, CA 94105
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SOURCE Golden Gate University | https://www.mysuncoast.com/prnewswire/2022/04/19/golden-gate-university-celebrates-return-in-person-commencement-oracle-park/ | 2022-04-19T21:03:12Z |
ATLANTA and BOSTON , June 21, 2022 /PRNewswire/ -- HSBlox, the leading provider of value-based care program administration in healthcare, and HealthCorum, an innovator in health data analytics whose insights drive high-value care in provider networks, have partnered to deliver high-performance networks and increase medical cost savings.
The partnership brings complementary capabilities together to enable payer and provider stakeholders in value-based care to align resources under value-based programs and alternative payment models. The combined capabilities integrate HealthCorum's proprietary scores and metrics, which identify high-performing providers, into HSBlox's CureAlign® platform that models, operationalizes and scales value-based contracts, delivered in a network-of-networks approach that addresses the unique financial funding, data-sharing, and timely performance reporting needs of the shift from traditional fee-for-service to more global and prospective models.
"Identification of high-value services and referrals under risk-bearing contracts is an imperative as the industry continues its migration to value-base care," said Lynn Carroll, HSBlox COO. "Partnering with HealthCorum gives our payer, employer and risk-bearing provider customers additional capability for managing financial performance and quality metrics under value-based programs."
Whether in fee-for-service, pay-for-performance or risk-contracting programs, healthcare organizations are focused on reducing wasteful health spending. An analysis published in The Journal of the American Medical Association pegged wasteful spending in the U.S. healthcare system at 25%, equating to over $1 trillion annually as national health spending eclipsed $4.3 trillion in 2021. The shift to value-based care remains as critical as ever, with success often hinging on an organization's ability to predict how providers will perform in at-risk arrangements. Additionally, payers in traditional fee-for-service models still need actionable data to employ provider network optimization strategies that will curb unnecessary spending.
"HealthCorum was founded with the mission to reduce healthcare costs through the identification and reduction of low-value care," said Keith Somers, Chief Revenue Officer at HealthCorum. "We admire what HSBlox has developed in its CureAlign® solution and are excited to announce that current and future clients can leverage HealthCorum's data and insights to amplify already powerful capabilities within the platform."
As HSBlox clients model value-based programs in the CureAlign Contract Builder, HealthCorum's provider analytics can now help enable participating provider evaluation to ensure high-performance program development. HealthCorum's solution delivers insights focused on care quality, cost, and efficiency, catalyzing ample opportunities to increase network value.
HSBlox is an Atlanta-based technology company empowering healthcare organizations with the tools and support to deliver value-based care (VBC) successfully and sustainably. HSBlox's CureAlign® platform enables healthcare organizations to administer value-based programs, including contract modeling, network build-out, contract administration, permissioned data exchange and payment. Recently, the company released CureAlign 3.5, combining its Contract Builder and modeling capabilities with its Contract Library for seamless deployment of value-based programs. Along with CureAlign's one-of-a-kind hierarchical approach to VBC participant onboarding, alternative payment models can combine global reimbursement programs with episode-specific arrangements to deliver unparalleled transparency in pursuit of the Quintuple Aim for healthcare improvement.
Follow HSBlox on LinkedIn to see the latest about value-based program administration or visit www.hsblox.com to read more about scaling of value-based programs.
HealthCorum is a Boston-based health data analytics company focused on identifying unnecessary care, optimizing referral patterns, and reducing wasteful spending. HealthCorum's proprietary technologies combined with its AI-powered algorithms help to save money for healthcare organizations, offering a holistic view of provider efficiency and value-driven practice patterns. Work is done collaboratively with clients to achieve better outcomes while reducing low-value care delivery. The level of transparency delivered also allows provider network stakeholders to have better and more meaningful relationships with providers to truly affect change. Visit www.healthcorum.com to learn more about our methodologies and solutions.
Media Contact - HSBlox
Philip Anast
General Manager, Amendola
panast@acmarketingpr.com
312-576-6990
Media Contact - HealthCorum
U.N. Amighi
President & CEO, HealthCorum
amighi@healthcorum.com
781.589.5777
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SOURCE HSBlox | https://www.mysuncoast.com/prnewswire/2022/06/21/hsblox-healthcorum-partner-enhance-administration-value-based-programs/ | 2022-06-21T16:24:18Z |
North Korea declares ‘major national emergency’ as first case of Covid-19 identified, state media reports
By Gawon Bae and Helen Regan, CNN
North Korea has identified its first ever case of Covid-19, according to state media, which called the situation a “major national emergency.”
It’s unclear how many infections have been detected but state-run news agency KCNA reported on Thursday that cases of the Omicron variant had been found in the capital Pyongyang.
Samples collected from a group of people experiencing fevers on May 8 tested positive for the highly contagious Omicron variant, KCNA reported.
An outbreak of Covid-19 could prove dire for North Korea. The country’s dilapidated health care infrastructure is unlikely to be up to the task of treating a large number of patients with a highly infectious disease.
North Korea had not previously acknowledged any coronavirus cases, though few believe that a country of around 25 million people has been spared by a virus that has infected millions worldwide.
On Thursday, North Korean leader Kim Jong Un ordered lockdown measures in all cities and directed the distribution of medical supplies the party had reportedly stocked in case of a Covid emergency, according to KCNA.
Kim also chaired a meeting of the country’s powerful politburo, which agreed to implement “maximum” emergency anti-epidemic measures, though it is unclear what they involve.
According to KCNA, the politburo criticized the country’s anti-epidemic sector for “carelessness, laxity, irresponsibility and incompetence,” saying it “failed to respond sensitively” to increasing Covid-19 cases across the world, including in neighboring regions.
Kim said the country would overcome the “unexpected Covid-19 outbreak,” KCNA reported.
To date, North Korea has been able to prevent a major outbreak of Covid-19 cases thanks to a series of draconian public health measures.
North Korea’s borders have been sealed since January 2020 to keep the virus at bay, despite the knock-on effects on trade with Beijing, an economic lifeline the impoverished country needs to keep its people from going hungry.
Zero vaccines could spell disaster
Isolated and impoverished North Korea is not known to have imported any coronavirus vaccines, though it is eligible for the global Covid-19 vaccine sharing program, Covax. In February, Covax reportedly scaled back the number of doses allocated to North Korea because the country failed to arrange for any shipments, according to Reuters.
Also in February, the UN Special Rapporteur on human rights in North Korea Tomás Ojea Quintana called on the international community to provide North Korea “with 60 million doses of vaccinations to cover at least two shots of the entire population.”
North Korea has also not provided information on its Covid-19 vaccination situation to the World Health Organization (WHO), according to its latest situation report.
Assuming most of North Korea’s population is unvaccinated, a Covid outbreak would be disastrous.
In the US earlier this year, Omicron fueled an unprecedented spike in Covid-19 cases, overwhelming hospitals with mostly unvaccinated patients. In Hong Kong, which had previously avoided high cases and deaths, a deadly Omicron wave quickly spun out of control, stretching morgues and hospitals to breaking point. At one stage, Hong Kong reported more deaths per million people than any country or territory in the world due to a large percentage of the city’s elderly being unvaccinated.
But the US and Hong Kong have robust health systems. An outbreak in North Korea, which has limited testing capabilities, inadequate medical infrastructure, and which has isolated itself from the outside world, could quickly become deadly.
The prospect appears not to be lost on Kim Jong Un, who recently warned of “grave consequences” after he fired several senior officials who failed to enforce North Korea’s stringent Covid-19 prevention. KCNA has also said that a potential breach, such as an incident involving a symptomatic defector from South Korea, might lead to a “deadly and destructive disaster.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-asia-pacific/2022/05/12/north-korea-declares-major-national-emergency-as-first-case-of-covid-19-identified-state-media-reports-2/ | 2022-05-12T17:48:06Z |
Fugitive wanted for 2 murders drowns in river while at float camp
RIPLEY COUNTY, Mo. (KFVS/Gray News) – A Florida fugitive wanted on first-degree murder charges drowned Sunday afternoon at a river in southern Missouri, officials said.
According to the Missouri State Highway Patrol, 22-year-old Sherron McCombs was swimming at a float camp on the Current River when he began to panic, went under the water and didn’t resurface.
McCombs was pronounced dead at the scene by the Ripley County coroner.
The highway patrol confirmed McCombs was a fugitive. According to CrimeStoppers, he was wanted in Florida for his involvement in two fatal shootings in Tampa on Nov. 21, 2021, and Jan. 3, 2022. He was facing charges of:
- 2 counts of first-degree murder, premeditated
- 1 count of first-degree murder firearm, premeditated
- 3 counts of first-degree murder firearm & tampering with physical evidence
McCombs drowned nearly 1,000 miles away from the locations of his alleged murders in Tampa.
Copyright 2022 KFVS via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/06/fugitive-wanted-2-murders-drowns-river-while-float-camp/ | 2022-06-06T21:58:58Z |
SHENZHEN, China, May 16, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.
Financial and Operational Highlights
In the three months ended March 31, 2022:
- Net profit of the Company was RMB649 million (US$102 million). Non-IFRS net profit of the Company[1] was RMB939 million (US$148 million), representing a 7.6% increase on a sequential basis.
- Total revenues were RMB6.64 billion (US$1.05 billion), representing a 15.1% year-over-year decrease.
- Revenues from music subscriptions were RMB1.99 billion (US$314 million), representing an increase of 17.8% year-over-year.
- Online music paying users reached 80.2 million, increasing by 31.7% year-over-year. On a sequential basis, the number of online music paying users grew by 4.0 million. Paying ratio was 13.3%, up from 12.4% and 9.9% in the fourth and first quarter of 2021, respectively.
- Net profit attributable to equity holders of the Company was RMB609 million (US$96 million) and Non-IFRS net profit attributable to equity holders of the Company[1] was RMB899 million (US$142 million).
"We delivered a healthy 18% year-over-year growth in subscription revenues with paying users exceeding 80 million in the first quarter, as supported by our dual engine content-and-platform strategy. Despite the headwinds in an evolving market landscape, which resulted in a year-over-year decline in total revenues, our efforts to optimize cost structure and improve operating efficiency led to improved profitability quarter-over-quarter," said Mr. Cussion Pang, Executive Chairman of TME. "In an era of increasing entertainment choices, the ability to sustain a competitive advantage is awarded to those who offer users a differentiated experience. We are encouraged by the increasing benefits our original content production investments and Tencent Musician Platform have brought to our users, musicians and the overall content ecosystem. With these initiatives, we continue to make critical investments that align with our long-term strategic goals and create sustainable value for all our music stakeholders."
"In the first quarter, we continued to build an immersive music entertainment ecosystem, bringing music lovers innovative possibilities for how they listen, watch, sing and play. With the goal of creating a sense of belonging that makes our products a must-have, we look for ways to address the multi-faceted needs of diverse user cohorts," said Mr. Ross Liang, CEO of TME. "In the first quarter, we further strengthened our cooperation with Tencent's ecosystem in content production and promotion, with the rewards becoming increasingly manifest. In addition, our long-form audio continued to gain traction thanks to differentiated content, and we are working on improving its monetization efficiency mainly through memberships. Moving forward, we will continue to make our ecosystem, content, products and services differentiated and highly specialized. This, in turn, will help us better serve hundreds of millions of music lovers, music creators and the music industry as a whole, and unlock the massive opportunity in front of us," concluded Mr. Liang.
Recent Operational Highlights
- TME's online music and social entertainment services key operating metrics[2]
- The year-over-year decline in online music mobile MAUs was primarily due to churn of our casual users and reduced marketing spending required by our more disciplined cost management. However, online music paying users continued to deliver robust year-over-year and quarter-over-quarter growth, reaching 80.2 million, which was attributable to our high-quality content and services, effective promotions, as well as improvement in paying user loyalty.
- Social entertainment services MAUs and paying users were lower year-over-year and quarter-over-quarter, affected by industry and macro headwinds. We will continue to improve our competitiveness through ongoing product innovations and new initiatives in social entertainment such as audio live streaming, international expansion and virtual interactive product offerings.
- We remained committed to strengthening our original content production capabilities, to systematically create, evaluate and promote music.
- Tencent Musician Platform cultivates budding musicians by providing them with all-round services to help showcase their talent and passion.
- Our TME Chart serves as a solid music rating infrastructure, showcasing our commitment to promoting healthy and sustainable industry development. In the first quarter, we released the TME Music Chart Annual Review, providing a snapshot of the Chinese music landscape in 2021 with ratings and reviews of over 1,800 songs and generating a huge wave of social buzz from professionals and music lovers upon release.
- Our platform strategy embodies our commitment to continuous product innovations. We are creating a more immersive user experience with enhancements to our four pillars of music entertainment: listen, watch, sing and play.
- Long-form Audio: We expanded and differentiated our long-form audio content by enriching our podcast ecosystem and enhancing our joint content operation with popular IPs. Mid- and long-tail podcast hosts are flourishing in the TME ecosystem. For instance, Lao Shi Qi and his audio title "The Northern Time Raiders" racked up 23 million streams within one month since its launch.
- We are committed to fulfilling our social responsibilities. In the first quarter, we initiated an autism care charity project, "Shape of Music," which featured our first public welfare digital collectable single, "The Brightest Star" among others, to advocate for social connections with autism groups while allowing music to not only be heard but also seen and treasured through the crossover of different content and art forms online and offline.
First Quarter 2022 Financial Results
Revenues
Total revenues for the first quarter of 2022 decreased by RMB1.18 billion, or 15.1%, to RMB6.64 billion (US$1.05 billion) from RMB7.82 billion in the same period of 2021.
- Revenues from online music services for the first quarter of 2022 decreased by 4.8% to RMB2.62 billion (US$413 million) from RMB2.75 billion in the same period of 2021. Revenues from music subscriptions were RMB1.99 billion (US$314 million), representing a 17.8% growth compared to RMB1.69 billion in the first quarter of 2021, primarily due to the increase in the number of paying users by 31.7%. ARPPU decreased from RMB9.3 in the first quarter of 2021 to RMB8.3 this quarter. The decrease in ARPPU was mainly due to promotions offered to attract users. We are focusing on the quality growth of our subscription revenue while maintaining a stable ARPPU. Revenues from advertising decreased on a year-over-year basis due to the impact from industry adjustments on splash ads and the COVID-19 pandemic in some major cities. Sublicensing revenues also decreased on a year-over-year basis due to restructuring of agreements with certain music labels.
- Revenues from social entertainment services and others for the first quarter of 2022 decreased by 20.6% to RMB4.03 billion (US$635 million) from RMB5.08 billion in the same period of 2021. On a year-over-year basis, ARPPU increased by 8.1% in the first quarter of 2022, while paying users of social entertainment services decreased by 26.5%. The decrease was mainly due to the impact of evolving macro environment and increased competition from other pan-entertainment platforms.
Cost of Revenues
Cost of revenues for the first quarter of 2022 decreased by 10.7% to RMB4.78 billion (US$755 million) from RMB5.36 billion in the same period of 2021. The decrease was primarily due to decrease in revenue sharing fees and agency fees resulting from decrease in revenues from social entertainment services and advertising services while the revenue sharing ratio remained stable on a year over year basis. Content costs also decreased as a result of improved efficiency.
Gross Profit and Gross Margin
Gross profit for the first quarter of 2022 decreased by 24.6% to RMB1.86 billion (US$293 million) from RMB2.47 billion in the same period of 2021. Gross margin for the first quarter of 2022 decreased by 3.5% to 28.0% from 31.5% in the same period of 2021. This decrease in gross margin was primarily because revenue from online music accounted for a higher percentage of revenue, which typically has a lower gross margin.
Operating Expenses for the Period
Total operating expenses for the first quarter of 2022 decreased by 13.7% to RMB1.34 billion (US$212 million) from RMB1.56 billion in the same period of 2021. Operating expenses as a percentage of total revenues slightly increased to 20.2% in the first quarter of 2022 from 19.9% in the same period of 2021. After excluding the impact from the post-acquisition awards, share-based compensation expenses and amortization of intangible assets arising from the acquisition of Lazy Audio, operating expenses as a percentage of total revenues would have decreased by 0.4% year-over-year.
- Selling and marketing expenses were RMB330 million (US$52 million), representing a decrease of 50.9% year-over-year from RMB672 million in the same period of 2021. This decrease was primarily due to tighter control over marketing expenses and optimization of the overall promotion structure to improve operating efficiency. We continued to effectively manage external promotion channels' efficiency and better utilize internal traffic to attract users and promote our brand.
- General and administrative expenses were RMB1.01 billion (US$160 million), representing an increase of 14.6% year-over-year from RMB883 million in the same period of 2021. The increase was mainly due to increased investment in research and development to expand our competitive advantages in product and technology innovations. Meanwhile, we are closely monitoring employee related expenses and improving headcount efficiency. Post-acquisition awards, share-based compensation expenses and amortization of intangible assets arising from the acquisition of Lazy Audio also contributed to the increase in general and administrative expenses.
Operating Profit for the Period
Operating profit was RMB749 million (US$118 million) in the first quarter of 2022, compared to an operating profit of RMB1.16 billion in the same period of 2021.
Income Tax Expenses
Effective tax rate in the first quarter of 2022 was 12.2%, compared to 11.5% in the same period of 2021. The increase in effective tax rate was mainly because some of our entities are entitled to different tax benefits in 2021 and 2022.
Net Profit and Non-IFRS Net Profit for the Period
Net profit attributable to equity holders of the Company for the first quarter of 2022 was RMB609 million (US$96 million), compared to a net profit of RMB926 million in the same period of 2021. Non-IFRS net profit attributable to equity holders of the Company was RMB899 million (US$142 million) for the first quarter of 2022, compared to RMB1.18 billion in the same period of 2021. Please refer to the section in this press release titled "Non-IFRS Financial Measure" for details.
Earnings per ADS
Basic and diluted earnings per American Depositary Shares ("ADS") were RMB0.37 (US$0.06) and RMB0.37(US$0.06), respectively, for the first quarter of 2022. Non-IFRS basic and diluted earnings per ADS were RMB0.55 (US$0.09) and RMB0.54 (US$0.09), respectively, for the first quarter of 2022. During the first quarter of 2022, the Company had weighted averages of 1.64 billion basic and 1.65 billion diluted ADSs outstanding, respectively. Each ADS represents two of the Company's Class A ordinary shares.
Cash, Cash Equivalents, Term Deposits and Short-term Investments
As of March 31, 2022, the combined balance of the Company's cash, cash equivalents, term deposits and short-term investments amounted to RMB25.93 billion (US$4.09 billion), compared to RMB24.69 billion as of December 31, 2021. The increase in cash, cash equivalents, term deposits and short-term investments was primarily due to cash flows generated from operations of RMB2.49 billion (US$393 million), partially offset by cash used in the purchase of land use right and share repurchases. Such combined balance was also affected by the change in the exchange rate of RMB to USD at different balance sheet dates. The exchange rate was 6.3393 to 1 on March 31, 2022.
Share Repurchase Program
Pursuant to the 2021 Share Repurchase Program announced on March 28, 2021, as of May 13, 2022, we have repurchased approximately 73.3 million ADSs from the open market with cash for a total consideration of approximately US$674 million.
Conference Call Information
TME's management will hold a conference call on Monday, May 16, 2022, at 8:00 P.M. Eastern Time or 8:00 A.M. Beijing Time on Tuesday, May 17, 2022, to discuss its financial results. Listeners may access the call by dialing the following numbers:
The replay will be accessible through May 23, 2022, by dialing the following numbers:
A live and archived webcast of the conference call will also be available on the Company's investor relations website at https://ir.tencentmusic.com/.
Exchange Rate
This announcement contains translations of certain RMB amounts into U.S. dollars ("USD") at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB6.3393 to US$1.00, the noon buying rate in effect on March 31, 2022, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred could be converted into USD or RMB, as the case may be, at any particular rate or at all. For analytical presentation, all percentages are calculated using the numbers presented in the financial statements contained in this earnings release.
Non-IFRS Financial Measure
The Company uses non-IFRS net profit for the period, which is a non-IFRS financial measure, in evaluating its operating results and for financial and operational decision-making purposes. TME believes that non-IFRS net profit helps identify underlying trends in the Company's business that could otherwise be distorted by the effect of certain expenses that the Company includes in its profit for the period. TME believes that non-IFRS net profit for the period provides useful information about its results of operations, enhances the overall understanding of its past performance and future prospects and allows for greater visibility with respect to key metrics used by its management in its financial and operational decision-making.
Non-IFRS net profit for the period should not be considered in isolation or construed as an alternative to operating profit, net profit for the period or any other measure of performance or as an indicator of its operating performance. Investors are encouraged to review non-IFRS net profit for the period and the reconciliation to its most directly comparable IFRS measure. Non-IFRS net profit for the period presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company's data. TME encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.
Non-IFRS net profit for the period represents profit for the period excluding amortization of intangible and other assets arising from acquisitions, share-based compensation expenses, net losses/gains from investments and income tax effects.
Please see the "Unaudited Non-IFRS Financial Measure" included in this press release for a full reconciliation of Non-IFRS net profit for the period to its net profit for the period.
About Tencent Music Entertainment
Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to use technology to elevate the role of music in people's lives by enabling them to create, enjoy, share and interact with music. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
Investor Relations Contact
Tencent Music Entertainment Group
ir@tencentmusic.com
+86 (755) 8601-3388 ext. 818415
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SOURCE Tencent Music Entertainment Group | https://www.mysuncoast.com/prnewswire/2022/05/16/tencent-music-entertainment-group-announces-first-quarter-2022-unaudited-financial-results/ | 2022-05-16T21:57:43Z |
DALLAS, June 1, 2022 /PRNewswire/ -- NexPoint Diversified Real Estate Trust (NYSE: NXDT) ("NXDT" or the "Company") today announced its regular monthly distribution on its common stock of $0.05 per share. The distribution will be payable on June 30, 2022 to shareholders of record at the close of business June 23, 2022.
About the NexPoint Diversified Real Estate Trust (NXDT)
The NexPoint Diversified Real Estate Trust (NYSE: NXDT) is a closed-end fund managed by NexPoint Advisors, L.P. that is in the process of converting to a diversified REIT. On August 28, 2020, shareholders approved the conversion proposal and amended the Company's fundamental investment policies and restrictions to permit the Company to pursue its new business. The Company is realigning its portfolio so that it is no longer an "investment company" under the Investment Company Act of 1940 (the "1940 Act"). On March 31, 2021, the Company filed an application (the "Deregistration Application") with the Securities and Exchange Commission (the "SEC") for an order under the 1940 Act declaring that the Company is no longer an investment company (the "Deregistration Order"). On September 13, 2021, November 5, 2021, December 2, 2021, and May 19, 2022, the Company filed amendments to the Deregistration Application, which provides additional information regarding the realignment of the Company's portfolio. The Company will continue to be structured as a registered closed-end investment company until it receives the Deregistration Order; however, the Company has repositioned its portfolio sufficient to achieve REIT tax status and has been operating as such since its 2021 taxable year so that it may continue to qualify for taxation as a REIT.
Effective November 8, 2021, NHF changed its name to NexPoint Diversified Real Estate Trust and is traded on the New York Stock Exchange under the ticker NXDT.
For more information visit www.nexpoint.com/nexpoint-strategic-opportunities-fund/.
About NexPoint Advisors, L.P.
NexPoint Advisors, L.P. is an SEC-registered adviser on the NexPoint alternative investment platform. It serves as the adviser to a suite of funds and investment vehicles, including a closed-end fund, interval fund, business development company ("BDC"), and various real estate vehicles. For more information visit www.nexpoint.com.
Risks and Disclosures
Investors should consider the investment objectives, risks, charges and expenses of the NexPoint Diversified Real Estate Trust carefully before investing. This and other information can be found in the Company's prospectus, which may be obtained by calling 1-866-351-4440 or visiting www.nexpoint.com/nexpoint-strategic-opportunities-fund. Please read the prospectus carefully before you invest.
Shares of closed-end investment companies frequently trade at a discount to net asset value. The price of the Company's shares is determined by a number of factors, several of which are beyond the control of the Company. Therefore, the Company cannot predict whether its shares will trade at, below or above net asset value. Past performance does not guarantee future results.
The distribution may include a return of capital. Please refer to the Source of Distribution on the NexPoint Advisors website for Section 19 notices that provide estimated amounts and sources of the Company's distributions, which should not be relied upon for tax reporting purposes.
While NexPoint is committed to the REIT conversion, it is still contingent upon regulatory approval and the ability to reconfigure NXDT's portfolio to attain REIT status and deregister as an investment company. The time required to reconfigure the Company's portfolio could be impacted by, among other things, the COVID-19 pandemic and related market volatility, determinations to preserve capital, the Company's ability to identify and execute on desirable investments, and applicable regulatory, lender and governance requirements. The conversion process could take up to 24 months; and there can be no assurance that conversion of NXDT to REIT status will improve its performance or reduce the discount to NAV. Further, the SEC may determine not to grant the Company's request for the Deregistration Order, which would materially change the Company's plans for its business and investments.
In addition, these actions may adversely affect the Company's financial condition, yield on investment, results of operations, cash flow, per share trading price of its common shares, and ability to satisfy debt service obligations, if any, and to make cash distributions to shareholders. Whether the Company remains a registered investment company or converts to a REIT, its common shares, like an investment in any other public company, are subject to investment risk, including the possible loss of investment. For a discussion of certain other risks relating to the proposed conversion to a REIT, see "Implementation of the Business Change Proposal and Related Risks" in the proxy statement.
No assurance can be given that the Company will achieve its investment objectives.
Please see additional risks and disclosures at www.nexpoint.com/nexpoint/disclosures/closed-end-fund-disclosures/
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SOURCE NexPoint Diversified Real Estate Trust | https://www.kxii.com/prnewswire/2022/06/02/nexpoint-diversified-real-estate-trust-declares-regular-monthly-distribution/ | 2022-06-02T00:43:41Z |
BURLINGTON, Mass. and FRISCO, Texas, Sept. 14, 2022 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has approved a 6.7% increase in its annualized dividend rate to $0.80 per share, from the current annualized rate of $0.75 per share, effective with the regular quarterly cash dividend announced today. The 6.7% increase, combined with the previous dividend increase announced in February 2021, will result in a 13.0% increase versus year-ago in cash dividends paid in 2022.
The increased regular quarterly cash dividend of $0.20 per share is payable in U.S. dollars on the Company's common stock on October 14, 2022 to shareholders of record on September 30, 2022.
KDP Contacts
Steve Alexander (Investors)
T: 972-673-6769 / steve.alexander@kdrp.com
Chethan Mallela
T: 646-620-8761 / chethan.mallela@kdrp.com
Katie Gilroy (Media)
T: 781-418-3345 / katie.gilroy@kdrp.com
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue approaching $13 billion and approximately 27,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability. For more information, visit www.keurigdrpepper.com.
FORWARD LOOKING STATEMENTS
Certain statements contained herein are "forward-looking statements" within the meaning of applicable securities laws and regulations. These forward-looking statements can generally be identified by the use of words such as "outlook," "guidance," "anticipate," "expect," "believe," "could," "estimate," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," "target," "will," "would," and similar words. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These statements are based on the current expectations of our management, are not predictions of actual performance, and actual results may differ materially.
Forward-looking statements are subject to a number of risks and uncertainties, including the factors disclosed in our Annual Report on Form 10-K and subsequent filings with the SEC. We are under no obligation to update, modify or withdraw any forward-looking statements, except as required by applicable law.
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SOURCE Keurig Dr Pepper Inc. | https://www.wibw.com/prnewswire/2022/09/14/keurig-dr-pepper-increases-its-dividend-by-67-declares-quarterly-dividend-q3/ | 2022-09-14T13:28:29Z |
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