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AceVolt Launches Campower Specifically Made for Camping
Safe and portable LiFePO4 battery cell technology provides 2,500-time charge cycles
CARSON CITY, Nev., April 7, 2022 AceVolt today announced its launch as a new leader in portable power stations. The company is also pleased to debut its Campower (camp & power) portable power station that is specially designed for camping.
AceVolt Campower portable power stations provide the safest power and a 5-time longer lifecycle due to the efficiency of LiFePO4 battery cells, which deliver over 2,500 charge cycles compared to only 500 charge cycles from other brands. The LiFePO4 battery cells are ultra-stable and designed with advanced internal protection control and durability. These cells are also much safer than Li-ion batteries which have a reputation for overheating, accidental fires, and explosions.
"For life on the go, we developed the Campower portable power stations to give campers a long-lasting and safer electricity source for camping," said the founder of AceVolt. "The COVID-19 pandemic has completely changed travel and vacationing, and we see so many more people exploring their 'backyards,' visiting family and friends, and camping in national parks. Campers and travelers need a strong power source that is safe and reliable for cooking, lights, and connectivity. This is why we created AceVolt Campower Solar Generators. Other portable power stations can be used during camping or for home emergencies, but AceVolt's safe and powerful solar-powered generators are specifically designed for camping and are also perfect for RV travel, tailgating, and more."
AceVolt invited more than 100 camping enthusiasts who wanted the best and most dependable camping power source to participate in the product R&D. The AceVolt Campower portable power station is monitored by a state-of-the-art battery management system(BMS) that prevents overheat, overload, short circuit, and other battery issues. Its battery pack is watertight and completely protected from the elements.
To learn more about AceVolt portable power stations and to sign up for their newsletter for pre-sale prices, visit acevolt.com.
AceVolt Power
media@acevolt.com
acevolt.com
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SOURCE AceVolt Power | https://www.wibw.com/prnewswire/2022/04/07/first-portable-power-station-that-is-made-with-campers/ | 2022-04-07T16:09:05Z |
Maximise your efficiency through the new parallel search experience
MILAN, May 19, 2022 /PRNewswire/ -- With the recent launch of the HUAWEI Mate Xs 2, consumers are treated with a foldable phone that is slim and light but still equipped with HUAWEI flagship technology. The HUAWEI Mate Xs 2 introduces smart multi-window capabilities that can further expand the usage of the phone, which implements collaborative interaction between different applications to achieve better continuity. On that note, Petal Search has adopted and improved to work hand in hand with the new parallel search functions.
Parallel search experience on Petal Search increasing efficiency
Adapting to the always-on lives of today's consumers, Petal Search allows users to double their efficiency experience a new layout of a search engine.
With Petal Search now optimised for foldable screens, users can search for an array of topics ranging from news, apps, shopping, nearby services, and many more on the 7.8-inch True-Chroma foldable display of the new HUAWEI Mate Xs 2. With one tap on the search bar, the Parallel Search function is automatically activated as details of the search is smoothly displayed across both screens in a dual-window layout. This interactive design allows users to multitask on larger screens improving efficiency even during leisure browsing.
Petal Search provides consumers with the Parallel Search function, allowing different portions of the search services that the consumer is using to be displayed on both screens at the same time. Valuable information will be doubled, complicated operations will be reduced by half, and the efficiency will be improved by 100%.
Parallel Search allows users to instantly view search results on one screen while still scrolling through for further options on the other. For example, scroll through nearby food options on one screen, while displaying detailed information of a selection option on the other, deals, menu, food photos , reviews, ordering online, etc. With such a versatile layout, consumers are able to experience a smooth and efficient browsing experience.
With online shopping being the go-to for most, research shows that roughly 51% of consumers visit up to 4 sites before deciding to purchase a product (Source: People Comparison Shop). To aid consumers in their search, the new search function can display product details all on one page allowing easy comparison between 2 items. Furthermore, Petal Search allows users to run 2 search services simultaneously, such as video-streaming apps on one screen of the HUAWEI Mate Xs 2 while reading up on the latest news on the other.
All-In-One Search for an immersive search experience
With Petal Search's Parallel Search function, consumers are able to choose between 2 different viewing modes. With the dual-window mode, consumers view different parts of the search on each screen increasing efficiency. Or if consumers require a better view, single-window mode provides a larger view for a more immersive search experience.
Enjoy an immersive search experience on the large screen of the new HUAWEI Mate Xs 2 with Petal Search's All-In-One Search. By partnering up with over 3,000 top e-commerce, travel and local merchants, Petal Search optimizes shopping, travel and more than 20 other vertical search categories for users to search from.
Experience true search power when it comes to leisure. Find interesting deals, compare items and prices and much more without having to open additional tabs, when shopping online with Petal Search. Also plan your next holiday with Petal Search by comparing prices of flights and hotels all on one page. Come and take your search experience to the next level!
Based on Huawei's 1+8+N all-scenario strategy and the adaptation capability of hardware and software, Petal Search aims to provide users with a seamless and consistent search experience.
To download and experience Petal Search, please visit: https://bit.ly/3rpGYGY
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SOURCE Petal Search, Huawei | https://www.wibw.com/prnewswire/2022/05/19/experience-parallel-search-capabilities-huawei-mate-xs-2-with-petal-search/ | 2022-05-19T12:59:10Z |
JACKSONVILLE, Fla., June 27, 2022 /PRNewswire/ -- Crowley has released its inaugural sustainability report to assess and establish a transparent reference point to measure progress toward its environmental, social and governance (ESG) goals to build a more sustainable tomorrow. The report marks a key milestone in Crowley's ambition to become the most sustainable and innovative maritime and logistics company in the Americas.
The report builds on Crowley's recent announcement to achieve net-zero emissions using a science-based approach by 2050 and outlines the company's strategy and impacts in its ESG activities. Priority areas include: adopting low- to zero-carbon fuels and supporting new energy development; increasing talent diversity, growth and retention; and supporting people and communities.
"The needs of our planet and people are changing, and alongside our partners, we are working each day with customers to reduce the environmental footprint of their supply chain utilizing ocean transport, which continues to be the greenest way to transport goods," said Tom Crowley, chairman and CEO. "We are proud of our accomplishments and initiatives captured in this first report, which will serve as the baseline against which we will measure our evolution for years to come. Our commitments are deliberately ambitious, and we are establishing partnerships and standards to ensure success – matching our commitments with measurable action and year-over-year progress."
Highlights from the 2021 Sustainability Report, Bravely Advancing What's Possible, include:
- Rigorous short- and long-term efforts to decarbonize operations. Crowley aims to reduce overall greenhouse gas emissions across the entire business by more than 3.7 million metric tons per year, pursuing a path aligned with the latest climate science to limit global warming to 1.5 degrees Celsius above pre-industrial levels.
- Investment in liquified natural gas (LNG) as a reliable and lower-emissions alternative to traditional fuels. Crowley has safely delivered 40 million gallons of LNG to support cleaner, more resilient energy throughout Puerto Rico and has invested in infrastructure on the island to enhance LNG availability for customers in the region.
- Advancement of alternative power technology and vessels such as the fully electric, battery-powered tugboat eWolf — the first of its kind in the U.S. — and a public-private partnership to develop an offshore wind services terminal in Salem, Massachusetts.
- Developing strategies to support more resilient supply chains, such as through near-shoring and "blue water highways" that serve communities with sustainable and efficient transportation on water and land.
- Enhancing Crowley's commitment to diversity and equity in business through targets for 2030 to ensure 37% of suppliers are diverse and 27% of purchases come from small businesses.
- Activation of the employee-led Inclusion, Diversity and Equity in Action (IDEA) Council to drive a supportive and inclusive work environment.
- Nearly $200,000 donated by employees to local organizations through the Crowley Cares Foundation and more than 530 volunteer hours completed by team members in the first six months of the program.
- An endowment of $2.5 million to the University of North Florida for a new center of excellence that will grow a talent pipeline of leaders trained in transportation and logistics, including state-of-the-art data analytics and supply chain tools.
"We see tremendous opportunity to build a more sustainable maritime and logistics industry that makes not only the global supply chain, but also our world, more resilient," said Crowley's Alisa Praskovich, vice president of sustainability. "We have made progress over the last year to understand our impacts and set ambitious ESG goals, and are prepared to help lead our customers, and our industry, toward a lower-carbon future for all."
The report also includes information on Crowley's public and private ESG partnerships, digital transformation and focused community efforts in the Caribbean and Central America.
To read Crowley's sustainability report, visit www.crowley.com/esg.
About Crowley
Crowley is a privately held, U.S.-owned and -operated maritime, energy and logistics solutions company serving commercial and government sectors with nearly $2.9 billion in annual revenue, over 170 vessels mostly in the Jones Act fleet and approximately 7,000 employees around the world – employing more U.S. mariners than any other company. The Crowley enterprise has invested more than $3 billion in maritime transport, which is the backbone of global trade and the global economy. As a global ship owner-operator and services provider with more than 130 years of innovation and a commitment to sustainability, the company serves customers in 36 nations and island territories through four business units: Crowley Logistics, Crowley Shipping, Crowley Solutions and Crowley Fuels. Additional information about Crowley, its business units and subsidiaries can be found at http://www.crowley.com.
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SOURCE Crowley Maritime Corporation | https://www.kxii.com/prnewswire/2022/06/27/crowleys-inaugural-sustainability-report-reinforces-commitments-people-planet/ | 2022-06-27T16:07:55Z |
INDIANAPOLIS (AP) — Rain held off long enough on Saturday to complete the first round of qualifying for the Indianapolis 500 on a soupy day that still produced eye-popping speeds not seen in 26 years at Indianapolis Motor Speedway.
Rinus VeeKay and Pato O’Ward, a pair of young new stars, posted blistering qualifying averages of over 233 mph in a flex of Chevrolet horsepower. NASCAR star Jimmie Johnson qualified for his first Indy 500 and his Chip Ganassi Racing team showed it might be the strongest organization at Indy right now.
Meanwhile, Andretti Autosport had a terrible day. And Team Penske got bit by the weather when it pulled Scott McLaughlin’s qualifying time late Saturday afternoon and sent him back out to try to crack the top 12. McLaughlin was 15th on the board when his time was forfeited; the New Zealander went even slower and dropped to 26th.
“Well this place just kicked (me) in the privates — ah well,” McLaughlin posted on social media.
Penske teammate Josef Newgarden followed McLaughlin out for his own attempt to make the top 12, but his run was halted when lightning flashed. It was the second lightning stoppage of the day, and the rain followed minutes later. IndyCar called it a day about 70 minutes short of the scheduled completion.
Only spots 13 through 33 were locked in Saturday, and the top 12 return Sunday for a shootout for the pole. The fight for the front row will be VeeKay and O’Ward, who posted the third and fifth fastest four-lap qualifying averages in track history, then Felix Rosenqvist as Chevrolet swept the top three spots.
Reigning IndyCar champion Alex Palou was fourth fastest as Ganassi advanced its entire five-car fleet into Sunday’s action. Tony Kanaan was fifth, Johnson was sixth, Marcus Ericsson was eighth and Scott Dixon was 10th for the Honda-powered team.
Ed Carpenter, who on Saturday morning posted the eighth-fastest lap in track history at 234.410 mph, was sixth fastest in qualifying as he and Will Power (11th) completed the Chevrolet group.
Honda advanced seven drivers to Sunday as the Ganassi group was joined by Romain Grosjean, the only Andretti driver to make the top 12, and two-time winner Takuma Sato.
Sato had an rollercoaster session; he was disqualified following his first qualifying attempt for interfering with Marco Andretti’s lap. When he made his second attempt, Sato scrubbed the wall and still made it into the top 12.
Spots seven through 12 for the May 29 race will be determined in another qualifying round, then following a break, a “Fast Six” shootout will set the first two rows of the 106th running of the Indy 500.
VeeKay for Ed Carpenter Racing put his Chevrolet atop the scoring pylon with a four-lap average speed of 233.655 mph that bumped O’Ward of Arrow McLaren SP to second at 233.037.
Arie Luyendyk set the four-lap qualifying record in 1996 at 236.986, and VeeKay’s average was third fastest of all time behind Luyendyk and Scott Brayton’s mark of 233.718. O’Ward’s average was fifth fastest in history, with Tony Stewart fourth in 1996.
“It’s very, very cool to have two Dutch guys in the top-five fastest of all time,” said VeeKay, who like Luyendyk is from The Netherlands.
Johnson once again showed incredible speed and in an early Saturday morning practice turned a lap at 233.961 mph — 14th fastest in track history.
“I think the speed scared my kids,” Johnson said. “When they saw me, the look in their eyes. They’ve been to plenty of races, but they never looked at me like that.”
The seven-time NASCAR champion has steadily become a legitimate contender to win the Indy 500, which would be his fifth victory on the Indianapolis oval; Johnson won four times in NASCAR.
“There were some quiet moments I had before I rolled off, I was able to look around and really take in the moment,” said Johnson, “and what a special moment it was, I am just so happy to here. Things are looking good for now.”
Not long after Johnson’s morning run, teammate Dixon turned the 13th fastest lap in history at 234.093. Carpenter closed the session as the leader with the fastest lap in Indy 500 practice since Luyendyk set the track record of 237.498 mph in 1996.
Andretti Autosport struggled from the get-go as Marco Andretti had to abort his qualifying run when Sato failed to get off the track following his run moments earlier.
Andretti will start 23rd.
“Don’t count the 98 out to win this race,” he said.
As the team was figuring out what to do about Andretti, Colton Herta’s engine seemed to fail during Herta’s run. Winner on the road course just one week ago, Herta was making his qualifying attempt when his Honda engine suddenly shut off.
He aborted his run and returned to the pits, and later confirmed his engine would be changed.
Then 2016 winner Alexander Rossi had a miserable first run: “We added downforce,” said Rossi, who called the decision “horrible.”
His second attempt was worse and Rossi will start 20th. Devlin DeFrancesco, a rookie, was 24th and Herta will start 25th.
The last row of the Indy 500 will be rookie Christian Lungaard, Jack Harvey and Stefan Wilson, the 33rd entrant. Wilson had a gearbox issue Saturday and needed an engine change and never got on track.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/blistering-speeds-at-fastest-indy-500-qualifying-since-1996/ | 2022-05-21T22:50:21Z |
Maker of Sensodyne, Advil, and TUMS becomes one of the world's leading independent consumer health companies
Demerger from GSK plc (GSK) now complete
WARREN, N.J., July 18, 2022 /PRNewswire/ -- Today, Haleon (LSE/NYSE: HLN) launches as an independent company 100% focused on consumer health, completing its demerger from GSK. The newly listed business is driven by its purpose to deliver better everyday health with humanity.
Trading commenced on Monday on the London Stock Exchange (LSE), with Brian McNamara, CEO of Haleon, leading the opening ceremony to signal the start of trading. Trading on the New York Stock Exchange (NYSE) is set to follow1 with a similar market-opening event taking place on Wednesday, July 20, 2022.
Haleon has a world-class portfolio of brands including Advil, Centrum, Sensodyne, Robitussin, and TUMS and will continue to develop category leading brands that address real consumer health needs, while focusing on future innovation across its entire portfolio.
With an increased consumer focus on health and wellness, an aging global population, an emerging middle class in high-growth economies, growing self-care in the face of increased pressure on public healthcare systems, and sizeable unmet consumer needs, Haleon has launched at a time when the consumer healthcare market is set for expansion (expected to be at a rate of 3-4% per annum over the medium-term). Haleon expects to deliver medium-term annual organic revenue growth of 4-6%.
Despite huge improvements in medicine, data, and technology, everyday health remains elusive for too many people. Haleon aims to change this through a two-pronged approach. First, by working to remove barriers to better everyday health, and second, by aiming to empower 50 million people a year by 2025 to be more included in opportunities for better everyday health.
The company's competitive advantage lies in its ability to blend deep human understanding and trusted science in the products it creates. Haleon is further distinguished by leading consumer healthcare-focused scientific capabilities, a well-developed organizational understanding of human health behaviors, strong capabilities in brand building, innovation, and digital commerce, and a powerful route-to-market.
The brands within the Haleon portfolio have been providing treatment and improving the quality of life for millions of people across the globe for decades. They have also been trusted, recognized, and recommended by healthcare professionals across multiple markets.
"This is a significant milestone for Haleon. Guided by our clear purpose and with a world class portfolio of brands that people know and trust, we stand ready to help address consumer needs and make better everyday health more achievable, inclusive, and sustainable.
"Consumer health has never been more important than it is today, and I am delighted that Haleon, as an independent company, is ready to pursue our ambitions.
"Today follows a huge amount of effort, planning, and collaboration by our dedicated colleagues all around the world."
"Health matters, and our dedication to consumers, customers, and each other drives an unmatched understanding and empathy of what people truly need on their wellness journey. Our constant hunger, irresistible energy, and humanity fuel our desire to go beyond the products we sell in the US and Canada to offer new and valuable services and solutions that can and will have a positive impact on everyday health."
Haleon (pronounced "Hay-Lee-On") was unveiled as the name of the business in February 2022 and is inspired by the merging of the words 'Hale,' which is an old English word meaning 'in good health' and Leon, which is associated with the word 'strength.'
The company's signature "For Health. With Humanity" brings to life the essence and purpose of Haleon and was developed by its own colleagues. The signature will appear with our logo when space allows as it underscores the purpose of Haleon.
Haleon (LSE: HLN) is a global leader in consumer health, with brands trusted by millions of consumers globally. The group employs over 22,000 people across 170 markets, who are united by Haleon's purpose - to deliver better everyday health with humanity. Haleon's product portfolio spans five major categories - Oral Health, Pain Relief, Respiratory Health, Digestive Health and Other, and Vitamins, Minerals and Supplements (VMS). Its long-standing brands - such as Advil, Sensodyne, Panadol, Voltaren, Theraflu, Otrivin, Polident, Parodontax and Centrum - are built on trusted science, innovation, and deep human understanding.
For more information, please visit www.haleon.com or contact corporate.media@haleon.com.
1 - It is expected that Haleon American Depositary Shares ("ADSs") will commence "regular-way" trading on the New York Stock Exchange (NYSE) at market open on 22 July 2022. In addition, we expect that Haleon ADSs will begin trading on a "when-issued" basis on the NYSE from market open on 18 July 2022 up to and including 21 July 2022.
Cautionary statement regarding forward-looking statements
Certain statements in this announcement relate to the future, including forward-looking statements relating to the Haleon Group's financial position and strategy. Forward-looking statements give the Haleon Group's current expectations or forecasts of future events. In some cases, these forward looking statements can be identified by the use of forward-looking terminology, including (without limitation) the terms "intend", "aim", "project", "anticipate", "estimate", "plan", "believe", "expect", "may", "should", "will", "continue" or other similar words. These statements discuss future expectations concerning the Haleon Group's results of operations or financial condition, or provide other forward-looking statements. In particular, these include statements relating to future actions, prospective products or product approvals, future performance or results of current and anticipated products, sales efforts, expenses, the outcome of contingencies such as legal proceedings, dividend payments and financial results. Any forward-looking statements made by or on behalf of the Haleon Group speak only as of the date they are made.
These forward-looking statements are not guarantees or predictions of future performance, may be based on a number of assumptions (which may or may not themselves prove to be correct) and, by their nature, involve known and unknown risks, uncertainties and other factors, including the risk factors set out in the section entitled "Risk Factors" in the Haleon Prospectus and in "Item 3. Key Information — 3.D. Risk Factors" of Haleon's registration statement on Form 20-F, many of which are beyond the Haleon Group's control, and which may cause the actual results to differ materially from those expressed in the statements contained in this announcement. The Haleon Group's actual results of operations, financial condition and the development of the business sectors in which the Haleon Group operates may differ materially from those expressed or implied in any forward-looking statement contained in this announcement due to certain factors including, but not limited to, domestic and global economic and business conditions, market-related risks pertaining to the consumer healthcare industry as a whole, the policies and actions of regulatory authorities, geopolitical developments, market developments, the impact of competition, technological development, inflation, deflation, foreign currency exchange rates, the timing, impact and other uncertainties of any future acquisitions, combinations or divestments within relevant industries, as well as the impact of tax and other legislation and other regulations in the jurisdictions in which the Haleon Group operates. In addition, even if the Haleon Group's actual results of operations, financial condition and the development of the business sectors in which it operates are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods.
Forward-looking statements contained in this announcement speak only as of the date of this announcement. Haleon expressly disclaims any obligation or undertaking to update these forward-looking statements contained in this announcement to reflect any change in their expectations or any change in events, conditions, or circumstances on which such statements are based unless required to do so by applicable law and regulations.
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SOURCE Haleon | https://www.kxii.com/prnewswire/2022/07/18/haleon-launches-with-purpose-deliver-better-everyday-health-with-humanity/ | 2022-07-18T13:20:29Z |
Teen asks dad to prom
By Lauren Martinez
Click here for updates on this story
LAS VEGAS (KVVU) — The prom proposal was viewed over two million times.
When Jermel Jones got home, he was asked to read notes. On his way up, each note tugged at his heart strings a little more.
A trail of notes led him to his daughter, Janel, holding a sign that said, “Will you go to prom with me?”
It was a promise Janel made years ago, and it was a promise she wanted to keep.
“I’ve always told her- I’m that guy she doesn’t need nobody and you know as she got older you start to lose that by the wayside her getting older and thinking. And when she asked me to the prom it was just wow- I’ve never been to the prom,” Jermel said.
To celebrate a first for dad and daughter, the Jones family went all out. They rented a hotel room, decorated from floor to ceiling. While Janel was getting her makeup done, we asked what many prom dates feel.
“Very nervous, very nervous – I don’t know how I’m going to dance? Am I supposed to dance or you know-it’s not for me it’s for her,” Jermel said.
“I think it’s just a special moment that you can keep forever- you always have this moment with each other,” Janel said.
“It’s my baby’s day- she’s a young adult you know she’s about to go off on her venture and for us to have this last moment, to make it special as possible knowing that this her first- my first- I just want it to be amazing,” Jermel said.
They arrived to prom night in a limo and hit the dance floor. And it might not be Jermel’s last time at prom — he still has one more daughter.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/25/teen-asks-dad-to-prom/ | 2022-05-25T19:56:40Z |
Kristine Wobschall and Sonal Adhav reinforce the agency's Client Experience and Medical Affairs Practices
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Imre continues its commitment to excellence in life sciences with the addition of two industry veterans in Kristine Wobschall, Vice President of Client Experience and Sonal Adhav, Senior Director of Medical Affairs. This duo join in an effort to continue shaping agency best practices in the areas of client experience and medical strategy.
Kristine brings more than 15 years of experience across the pharmaceutical and medical devices industries to imre's client experience practice. In this elevated role, Kristine is responsible for client relationship management and overall business portfolio health and will lean into her strong digital background and passion for omnichannel strategy to solve client challenges. Kristine has broad experience on both the brand and agency sides, including FCB Health and GSW. Most recently, Kristine served as Vice President, Management Supervisor at H4B Chelsea, leading strategy, campaign development and launches for AOR relationships with leading brands in the rare disease, HIV, oncology and women's health therapeutic areas.
Integral to solidifying imre's Medical strategy is Sonal Adhav a medical communications veteran who joins imre following 20 years of experience in medical education, pharma advertising and scientific strategy. Sonal most recently served in a medcomms leadership role at Fishawack Health and has a depth of experience in immuno-oncology (prostate cancer/hematological cancers/non-melanoma skin cancer) and rheumatoid arthritis among others therapeutic areas.
"As our healthcare business rapidly expands, we continue to invest in top talent to meet our client's needs," said Anna Kotis, President of imre Health. "We have been so fortunate to find both Sonal and Kristine. They are high impact leaders who have been able to seamlessly plug into the work and make us even stronger, and we're so happy to welcome them."
Imre works with many of the world's leading and high growth brands. Driven by innovation, the agency's integrated suite of marketing communications services include brand strategy, creative, digital marketing, social media, public relations and media, data & analytics. Imre partners with a diversified and growing portfolio of brands including Amgen, AstraZeneca, Bausch & Lomb, GlaxoSmithKline and PTC Therapeutics, among others. The agency maintains offices in New York, Los Angeles, Baltimore and Philadelphia in addition to a growing group of employees who work from anywhere. Imre is an LGBTQ-founded company.
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SOURCE imre | https://www.kxii.com/prnewswire/2022/08/31/imre-bolsters-health-practice-with-addition-two-life-science-industry-veterans/ | 2022-08-31T18:18:23Z |
LUXEMBOURG, Aug. 3, 2022 /PRNewswire/ -- Swiss Insured Brazil Power Finance S.à r.l., a private limited liability company (société à responsabilité limitée), incorporated and existing under Luxembourg law, having its registered office at 16, rue Eugène Ruppert, L – 2453 Luxembourg, Grand Duchy of Luxembourg, registered with the Luxembourg Register of Commerce and Companies under number B 217648 (the "Company"), previously launched a consent solicitation (the "Consent Solicitation") in relation to its 9.850% Senior Secured Notes due 2032 with ISIN USL8915MAA38/US870880AA90 (the "Notes") pursuant to the consent solicitation statement, dated July 20, 2022 (as supplemented and amended prior to the date hereof, the "Statement"). Capitalized terms used, but not defined, in this announcement (the "Announcement") have the meanings assigned to them in the Statement.
Due to certain administrative issues prohibiting certain Holders from validly delivering their Consents, the Company announces today that it has extended the scheduled expiration time for the Consent Solicitation from 5:00 p.m. (New York City time) on August 3, 2022 (the "Existing Expiration Time") to 5:00 p.m. (New York City time) on August 4, 2022 (as so extended, the "Expiration Time"). Further, Consent instructions will now be accepted in minimum denominations of R$300,000 (formerly R$500,000) and integral multiples of R$1,000 in excess thereof.
As previously announced, the Company has received the Requisite Consents under the Indenture and the Uninsured Loan Agreement. Accordingly, the Consent Effective Time and Revocation Time have both occurred and the Company will instruct the Fiduciary Agent to consent to effectuate and/or enter into the Proposed Consent and Amendments and to consent to and do any other acts necessary to give effect to the CELSE Consent and Amendment Authorization, and upon receipt of all other consents required under the Intercreditor Agreement, the Debenture Indenture and the Project Intercreditor Agreement, the CELSE Consent and Amendment Authorization will become effective once the other conditions thereto have been satisfied. The consent to the Proposed Consent and Amendments and the CELSE Consent and Amendment Authorization is effective and operative as to all Holders, whether or not such Holders delivered a Consent or otherwise affirmatively objected to the consent to the Proposed Consent and Amendments; provided that, in accordance with the terms of the Indenture, unless the Consent Payment has been made on or prior to the Outside Date, each Consent provided pursuant to the Consent Solicitation shall be ineffective and deemed revoked and the Proposed Consent and Amendments and the CELSE Consent and Amendment Authorization and any amendments or consents resulting therefrom shall be void ab initio. The aggregate Consent Payment payable to Holders who validly deliver their Consent at or prior to the Expiration Time, will be 1.00% of the Original Face Value, or R$32,015,000, to be shared by all such consenting Holders. Specifically, the Consent Payment will be an amount, per R$1,000 of Original Face Value of Notes for which Holders have validly delivered Consents prior to the Expiration Time, equal to the product of R$10.00 multiplied by a fraction, the numerator of which is the Original Face Value of the Notes outstanding as of the Expiration Time and the denominator of which is the Original Face Value of Notes for which Holders have validly delivered Consents prior to the Expiration Time. As a result, the Consent Payment for the Notes will range from R$10.00 per R$1,000 (if all Holders consent) to approximately R$19.51 per R$1,000 (if Holders of 51.25% of the Original Face Value of Notes consent). Payment of the Consent Payment to consenting Holders is subject to the satisfaction or waiver of the other conditions to the Consent Solicitation set forth in the Statement, including the receipt of the Requisite Consents.
Except as set forth in this Announcement, all aspects of the Statement remain unchanged. The Company expressly reserves the right to amend, extend or terminate the Consent Solicitation or waive any unsatisfied conditions to the Consent Solicitation, in each case, in accordance with the terms set forth in the Statement. Holders are urged to review the Statement for the detailed terms of the Consent Solicitation and the procedures for providing their Consent. This Announcement is for information purposes only and is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities. No recommendation is being made as to whether Holders should Consent pursuant to the Consent Solicitation. The Consent Solicitation is not being made in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such solicitation under applicable state or foreign securities or "blue sky" laws. The Notes are currently listed on the Official List of the Luxembourg Stock Exchange (the "LuxSE") and admitted to trading on the Euro MTF market of the LuxSE.
The Solicitation Agent
Questions or requests for assistance concerning the terms of the Consent Solicitation should be directed to:
Goldman Sachs & Co. LLC
200 West Street
New York, New York 10282
Attention: Liability Management Group
U.S. Toll-free: +1 (800) 828-3182
Collect: (212) 357-1452
Email: GS-LM-NYC@gs.com
THE INFORMATION AND TABULATION AGENT
Requests for additional copies of the Statement and assistance relating to the procedures for delivering Consents should be directed to:
D.F. King & Co., Inc.
48 Wall Street, 22nd Floor
New York, New York 10005
Email: celse@dfking.com
Toll-Free: +1 (866) 745-0267
Collect: +1 (212) 269-5550
Attn: Michael Horthman
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SOURCE Swiss Insured Brazil Power Finance S.à r.l. | https://www.kxii.com/prnewswire/2022/08/04/swiss-insured-brazil-power-finance-s-rl-9850-senior-secured-notes-due-2032-administrative-extension-consent-solicitation/ | 2022-08-04T03:27:38Z |
Shopoff previously acquired the Mall's 14-acre former Sears building in July 2022.
WESTMINSTER, Calif., Aug. 29, 2022 /PRNewswire/ -- Shopoff Realty Investments ("Shopoff"), announced today the acquisition of an 11.9-acre parcel of Westminster Mall, in Westminster, California, which included an operating department store. The $49 million purchase was a sale, with a lease back to the seller.
Shopoff previously purchased a 14.1-acre parcel of Westminster Mall, including a now-vacant former Sears store, in July 2022. The property was purchased for $46.3 million from Seritage Growth Properties.
"This purchase provides a very unique opportunity for our firm, as we now own a 26-acre piece of real estate in coastal Orange County, a significantly high-barrier-to-entry market," explained Shopoff President and CEO William Shopoff. "Under the lease-back agreement, Macy's will continue to operate its existing retail location in the space, and we will continue to work with the City of Westminster on the redevelopment of this property."
The Westminster Mall houses approximately 1.3 million square feet of retail on approximately 90 acres, anchored by Target, JCPenney and Macy's. The site features direct freeway access to I-405 and is located in a central area of the county, surrounded by various residential development that provides a steady customer base for the property. It is also only a 15-minute drive from Huntington State Beach, 7.5 miles from Knott's Berry Farm, 12 miles from the Irvine Business Complex, and less than 13 miles from the Port of Long Beach.
Mavik Capital Management, an opportunistic investment firm, provided $20 million in strategic financing in connection with the acquisition as well as Shopoff's earlier acquisition of the former Sears store. Hankey Capital, a bridge lender based in Los Angeles, provided senior financing for the initial acquisition for the planned redevelopment of this portion of the Westminster Mall. Mark Strauss and Rob Quarton with Walker & Dunlop's Irvine office procured the senior debt on behalf of the sponsorship. Lee Aarons with Land Advisors Organization's Century City office represented Shopoff Realty Investments in the acquisition of the property.
About Shopoff Realty Investments
Shopoff Realty Investments is an Irvine, California-based real estate firm with a 30-year history of value-add and opportunistic investing across the United States. The company primarily focuses on proactively generating appreciation through the repositioning of commercial income-producing properties and the entitlement of land assets. The 30-year history includes operating as Asset Recovery Fund, Eastbridge Partners and Shopoff Realty Investments (formerly known as The Shopoff Group). Performance has varied in this time frame, with certain offerings generating losses. For additional information, please visit www.shopoff.com or call (844) 4-SHOPOFF.
Disclosures
This is not an offering to buy or sell any securities. Such offer may only be made through the offerings memorandum to qualified purchasers. Any investment in Shopoff Realty Investments programs involves substantial risks and is suitable only for investors who have no need for liquidity and who can bear the loss of their entire investment. There is no assurance that any strategy will succeed to meet its investment objectives. The performance of this asset is not indicative of future results of other assets. Securities offered through Shopoff Securities, Inc. member FINRA/SIPC, 18565 Jamboree Road, Suite 200, Irvine, CA 92612, (844) 4-SHOPOFF.
Contact:
Jill Swartz
Spotlight Marketing Communications
949.427.1389
jill@spotlightmarcom.com
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SOURCE Shopoff Realty Investments | https://www.wibw.com/prnewswire/2022/08/29/shopoff-realty-investments-acquires-119-additional-acres-westminster-mall-49-million/ | 2022-08-29T13:55:35Z |
2 arrested after K9 finds illegal drugs, gun during Osage Co. traffic stop
OSAGE CO., Kan. (WIBW) - Two people were arrested after a K9 found illegal drugs and an illegal gun during an Osage Co. traffic stop on Monday night.
Just after 10 p.m. on Monday, Aug. 8, the Osage Co. Sheriff’s Department says a K9 unit conducted a traffic stop in the area of mile marker 157 on I-35 for a traffic infraction.
During the stop, officials said illegal drugs and an illegal firearm was found.
Osage Co. said the driver, Tanna Darnell, 37, of Independence, was arrested for possession of methamphetamine with intent to distribute, possession of marijuana, interference with law enforcement, possession of drug paraphernalia and no drug tax stamp.
The Sheriff’s Office also said a passenger, Kenyon M. Johnson, 49, of Olathe, was booked into the Osage Co. Jail on defacing identification marks on a firearm and transporting an open container of an alcoholic beverage.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/09/2-arrested-after-k9-finds-illegal-drugs-gun-during-osage-co-traffic-stop/ | 2022-08-09T18:56:48Z |
TORONTO, June 6, 2022 /PRNewswire/ - Orvana Minerals Corp. (TSX: ORV) (the "Company" or "Orvana") is pleased to announce the recent completion of Phase I of its infill and resource-growth drilling campaign targeting the Oxides Horizon ("Oxides") of its 100%-owned Taguas Project in San Juan Province, Argentina. A five-month final Phase II is expected to start in November 2022.
Phase I consisted of 6,482.6 meters in 41 diamond drill holes (DDH's), with over 4,900 assay samples. The main goal of the program was to upgrade Cerros Taguas Oxides Sector to Measured & Indicated Resource categories, as those terms are defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") while moderately expanding the ore tonnage previously reported in the Company's NI 43-101 compliant Taguas preliminary economic assessment report dated December 29, 2021 and filed on SEDAR on February 11, 2022 (the "Taguas 2021 PEA"). The second goal was to incorporate satellite Cerro Campamento Sector into the Oxides scope, going forward.
"The DDH's average drilling results and key intercepts continue to support Orvana's Oxides development strategy for our Taguas multimillion-ounce Au-Ag Oxides-Sulfides Project. Also, the decision to incorporate the satellite higher-grade Cerro Campamento Sector will be key to improving project economics. We are excited, and eagerly awaiting, resource re-modeling by July 2022. Completion of Phase II will be the foundation of the 43-101 Pre-Feasibility Study for our Oxides Project in Taguas", said Orvana CEO Juan Gavidia.
Highlights:
- Phase I infill and growth drilling program on Taguas Oxides completed (41 holes totaling 6,482.6 meters).
- Mineralization encountered in all 41 holes.
- Grades generally equaling-improving average previous resource grades included in the Taguas 2021 PEA.
- Best drilling results included:
- Potential to reduce strip ratio in next open pit re-design.
- Phase II infill and growth drilling program expected to start in November 2022: additional 11,000 meters in Cerros Taguas Sector and 3,000 meters in Cerro Campamento Sector.
Drilling Program Overview:
Phase I was conducted between late-December 2021 and mid-May 2022. Out of the total 41 drill holes drilled in Phase I, assay results from the first 12 holes (TADD237 to TADD248) were outlined in Orvana's March 31, 2022 news release. The assay results for the subsequent 29 holes are summarized in Table 1 and Table 2 of this news release.
Phases I & II results to be used for Taguas Oxides prefeasibility studies purposes.
Cerros Taguas
- 34 core holes totaling 5,748.6 meters drilled.
- Targets:
- Table 1, below, shows promising results, identifying thicker high-grade structures than previously modeled:
- Under-drilled area inside Taguas 2021 PEA open pit model is now preliminarily showing a high possibility to improve mining strip ratio.
- High grade structures like the ones intercepted in TADD258 leave open the possibility of increasing resources towards the northeast.
- Phase II (additional 11,000 meters) is expected to be completed by March 2023.
Cerro Campamento
- 7 core holes totaling 734 meters drilled.
- Focused on defining the shallower part of high gold grade oxides, which can potentially be mined by open pit.
- First interpretations show the existence of a low-grade envelope around high-grade veins. Additional drilling is necessary to continue delineating shallower parts of high gold grade veins; with the aim for open pit mining modeling.
- Best intercepts shown in Table 2. Highlights:
- Phase II (additional 3,000 meters) is expected to be completed by March 2023.
Quality Assurance-Quality Control ("QA/QC")
Samples were prepared and analyzed by Alex Stewart International Argentina SA Laboratory in Mendoza. This laboratory is ISO 9001; ISO 17025, and ISO 14001 certified. Samples were prepared following the P-5 laboratory preparation code: the samples were dried, crushed to passing 10 mesh (>80%), riffle split of 1kg sample and pulverized to 106 microns (>95%). The assays included 50 g Au by fire assay (FA), AA finish and 39 element package with aqua regia dilution and ICP OES finish. Over limits for Au and Ag were run in 50 g sample by FA and gravimetric method finish. Coarse and pulp rejects were returned and are stored in the Piuquenes storage facilities.
The reported work has been completed using industry standard procedures, including a quality assurance/quality control ("QA/QC") program consisting of the insertion of quarter core field duplicates, coarse duplicates split after laboratory crushing, pulp duplicates split after laboratory pulverization, coarse analytical blank samples and 2 different CRMs inserted in batches of roughly 50 samples.
The exploration update was prepared under the supervision of Raúl Alvarez Cifuentes, a qualified person for the purposes of NI 43-101 and an employee of the company.
Table 1 – Intercepts from Cerros Taguas
The assay results from the first 12 holes (TADD237 to TADD248) were outlined in the news release dated March 31, 2022. The assay results for the subsequent 29 holes are summarized below:
Table 2 – Intercepts from Cerro Campamento
The table shows the most significant results:
Cautionary Notes to Investors - Mineral Reserves and Resources Estimates
Pursuant to Canadian Institute of Mining Metallurgy and Petroleum's "CIM Standards on Mineral Resources and Reserves Definitions and Guidelines" (the "CIM Guidelines"), mineral resources have a higher degree of uncertainty than mineral reserves as to their existence as well as their economic and legal feasibility. Inferred mineral resources, when compared with measured or indicated mineral resources, have the least certainty as to their existence, and it cannot be assumed that all or any part of an inferred mineral resource will be upgraded to an indicated or measured mineral resource as a result of continued exploration. Pursuant to NI 43-101, inferred mineral resources may not form the basis of any economic analysis, including any feasibility study. Accordingly, readers are cautioned not to assume that all or any part of a mineral resource exists, will ever be converted into a mineral reserve, or is or will ever be economically or legally mineable or recovered.
ABOUT ORVANA - Orvana is a multi-mine gold-copper-silver company. Orvana's assets consist of the producing El Valle and Carlés gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, currently in care and maintenance, and the Taguas property located in Argentina. Additional information is available at Orvana's website (www.orvana.com).
Cautionary Statements - Forward-Looking Information
Certain statements in this presentation constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, potentials, future events or performance (often, but not always, using words or phrases such as "believes", "expects", "plans", "estimates" or "intends" or stating that certain actions, events or results "may", "could", "would", "might", "will" or "are projected to" be taken or achieved) are not statements of historical fact, but are forward-looking statements.
The forward-looking statements herein relate to, among other things, Orvana's ability to achieve improvement in free cash flow; the ability to maintain expected mining rates and expected throughput rates at El Valle Plant; the potential to extend the mine life of El Valle and Don Mario beyond their current life-of-mine estimates including specifically, but not limited to, in the case of Don Mario, the processing of the mineral stockpiles and the reprocessing of the tailings material; Orvana's ability to optimize its assets to deliver shareholder value; the Company's ability to optimize productivity at Don Mario and El Valle; estimates of future production, operating costs and capital expenditures; mineral resource and reserve estimates; statements and information regarding future feasibility studies and their results; future transactions; future metal prices; the ability to achieve additional growth and geographic diversification; and future financial performance, including the ability to increase cash flow and profits; future financing requirements; mine development plans; and the possibility of the conversion of inferred mineral resources to mineral reserves.
Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies, which includes, without limitation, as particularly set out in the notes accompanying the Company's most recently filed financial statements. The estimates and assumptions of the Company contained or incorporated by reference in this information, which may prove to be incorrect, include, but are not limited to the various assumptions set forth herein and in Orvana's most recently filed Management's Discussion & Analysis and Annual Information Form in respect of the Company's most recently completed fiscal year (the "Company Disclosures") or as otherwise expressly incorporated herein by reference as well as: there being no significant disruptions affecting operations, whether due to labour disruptions, supply disruptions, power disruptions, damage to equipment or otherwise; permitting, development, operations, expansion and acquisitions at El Valle and Don Mario being consistent with the Company's current expectations; political developments in any jurisdiction in which the Company operates being consistent with its current expectations; certain price assumptions for gold, copper and silver; prices for key supplies being approximately consistent with current levels; production and cost of sales forecasts meeting expectations; the accuracy of the Company's current mineral reserve and mineral resource estimates; labour and materials costs increasing on a basis consistent with Orvana's current expectations; and the availability of necessary funds to execute the Company's plan. Without limiting the generality of the foregoing, this news release also contains certain "forward-looking statements" within the meaning of applicable securities legislation, including, without limitation, references to the results of the Taguas preliminary economic assessment (PEA), including but not limited to the mineral resource estimation, conceptual mine plan and operations, internal rate of return, sensitivities, taxes, net present value, potential recoveries, design parameters, operating costs, capital costs, production data and economic potential; the timing and costs for production decisions; permitting timelines and requirements; exploration and planned exploration programs; the potential for discovery of additional mineral resources; timing for completion of a feasibility study; timing for first gold production at Taguas; issuing an expanded resource PEA for Taguas in a timely manner; completion of the infill drilling program and prefeasibility timing at Taguas; making a decision on the oxides stockpile at Don Mario in a timely manner; identifying additional resources beyond the replenishment of annual depletion rates at El Valle for the extension of mine life; and the Company's general objectives and strategies.
A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: the potential impact of the COVID-19 on the Company's business and operations, including: our ability to continue operations; our ability to manage challenges presented by COVID-19; the accounting treatment of COVID-19 related matters; Orvana's ability to prevent and/or mitigate the impact of COVID-19 and other infectious diseases at or near our mines; the general economic, political and social impacts of the continuing conflict between Russia and Ukraine, our ability to support the sustainability of our business including through the development of crisis management plans, increasing stock levels for key supplies, monitoring of guidance from the medical community, and engagement with local communities and authorities; fluctuations in the price of gold, silver and copper; the need to recalculate estimates of resources based on actual production experience; the failure to achieve production estimates; variations in the grade of ore mined; variations in the cost of operations; the availability of qualified personnel; the Company's ability to obtain and maintain all necessary regulatory approvals and licenses; the Company's ability to use cyanide in its mining operations; risks generally associated with mineral exploration and development, including the Company's ability to continue to operate the El Valle and/or ability to resume long-term operations at the Carlés Mine; the Company's ability to successfully implement a sulphidization circuit and ancillary facilities to process the current oxides stockpiles at Don Mario; the Company's ability to successfully carry out development plans at Taguas; sufficient funding to carry out development plans at Taguas and to process the oxides stockpiles at Don Mario; the Company's ability to acquire and develop mineral properties and to successfully integrate such acquisitions; the Company's ability to execute on its strategy; the Company's ability to obtain financing when required on terms that are acceptable to the Company; challenges to the Company's interests in its property and mineral rights; current, pending and proposed legislative or regulatory developments or changes in political, social or economic conditions in the countries in which the Company operates; general economic conditions worldwide; the challenges presented by COVID-19; fluctuating operational costs such as, but not limited to, power supply costs; current and future environmental matters; and the risks identified in the Company's disclosures. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's Disclosures for a description of additional risk factors.
Any forward-looking statements made herein with respect to the anticipated development and exploration of the Company's mineral projects are intended to provide an overview of management's expectations with respect to certain future activities of the Company and may not be appropriate for other purposes. Forward-looking statements are based on management's current plans, estimates, projections, beliefs and opinions and, except as required by law, the Company does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change. Readers are cautioned not to put undue reliance on forward-looking statements. The forward-looking statements made in this information are intended to provide an overview of management's expectations with respect to certain future operating activities of the Company and may not be appropriate for other purposes.
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SOURCE Orvana Minerals Corp. | https://www.kxii.com/prnewswire/2022/06/07/r-e-p-e-t-orvana-announces-taguas-project-phase-i-infill-amp-growth-drilling-results/ | 2022-06-07T11:48:07Z |
TIJUANA, Mexico (AP) — Worsening climate largely from the burning of coal and gas is uprooting millions of people, with wildfires overrunning towns in California, rising seas overtaking island nations and drought exacerbating conflicts in various parts of the world.
Each year, natural disasters force an average of 21.5 million people from their homes around the world, according to the U.N. High Commissioner for Refugees. And scientists predict migration will grow as the planet gets hotter. Over the next 30 years, 143 million people are likely to be uprooted by rising seas, drought, searing temperatures and other climate catastrophes, according to the U.N.’s Intergovernmental Panel on Climate Change report published this year.
Still, the world has yet to officially recognize climate migrants or come up with formalized ways to assess their needs and help them. Here’s a look at climate migration today.
WHO ARE CLIMATE MIGRANTS?
Most climate migrants move within the borders of their homelands, usually from rural areas to cities after losing their home or livelihood because of drought, rising seas or another weather calamity. Because cities also are facing their own climate-related problems, including soaring temperatures and water scarcity, people are increasingly being forced to flee across international borders to seek refuge.
Yet climate migrants are not afforded refugee status under the 1951 Refugee Convention, which provides legal protection only to people fleeing persecution due to their race, religion, nationality, political opinion or particular social group.
DEFINING CLIMATE MIGRATION
Identifying climate migrants is not easy, especially in regions rife with poverty, violence and conflicts.
While worsening weather conditions are exacerbating poverty, crime and political instability, and fueling tensions over dwindling resources from Africa to Latin America, often climate change is overlooked as a contributing factor to people fleeing their homelands. According to the UNHCR, 90% of refugees under its mandate are from countries “on the front lines of the climate emergency.”
In El Salvador, for example, scores each year leave villages because of crop failure from drought or flooding, and end up in cities where they become victims of gang violence and ultimately flee their countries because of those attacks.
“It’s hard to say that someone moves just because of climate change. Is everyone who leaves Honduras after a hurricane a climate migrant?” Elizabeth Ferris, a research professor at the Institute for the Study of International Migration at Georgetown University, wrote in an email to The Associated Press. “And then there are non-climate related environmental hazards – people flee earthquakes, volcanic eruptions and tsunamis – should they be treated differently than those displaced by weather-related phenomena?”
Despite the challenges, it’s vital that governments identify climate-displaced people, Ferris added.
“The whole definitional issue isn’t a trivial question – how can you develop a policy for people if you aren’t clear on who it applies to?” she wrote.
INTERNATIONAL EFFORTS
While no nation offers asylum to climate migrants, UNHCR published legal guidance in October 2020 that opens the door for offering protection to people displaced by the effects of global warming. It said that climate change should be taken into consideration in certain scenarios when it intersects with violence, though it stopped short of redefining the 1951 Refugee Convention.
The commission acknowledged that temporary protection may be insufficient if a country cannot remedy the situation from natural disasters, such as rising seas, suggesting that certain climate displaced people could be eligible for resettlement if their place of origin is considered uninhabitable.
An increasing number of countries are laying the groundwork to become safe havens for climate migrants. In May, Argentina created a special humanitarian visa for people from Mexico, Central America, and the Caribbean displaced by natural disasters to let them stay for three years.
Shortly after taking office, President Joe Biden ordered his national security adviser to conduct a months-long study that included looking at the “options for protection and resettlement of individuals displaced directly or indirectly from climate change.” A task force was set up, but so far the administration has not adopted such a program.
Low-lying Bangladesh, which is extremely vulnerable to the impacts of climate change, has been among the first to try to adapt to the new reality of migration. Efforts are underway to identify climate-resilient towns where people displaced by sea level rise, river erosion, cyclonic storms and intrusion of saline water can move to work, and in return help their new locations economically.
TRANSFORMING DEBATES ON MIGRATION
Policy debates on migration have long centered on locking down borders. Climate change is changing that.
With hundreds of millions of people expected to be uprooted by natural disasters, there is growing discussion about how to manage migration flows rather than stop them, as for many people migration will become a survival tool, according to advocates.
“One problem is just the complete lack of understanding as to how climate is forcing people to move,” said Amali Tower, founder and executive director of Climate Refugees, an advocacy group focused on raising awareness about people displaced because of climate change. “There is still this idea in the Global North (industrialized nations) that people come here because they are fleeing poverty and seeking a better life, the American Dream. In Europe, it’s the same spin of the same story. But no one wants to leave their home. We’ve got to approach climate displacement as a human security issue and not a border security issue.”
____
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content. | https://cw33.com/news/international/ap-international/climate-migration-growing-but-not-fully-recognized-by-world/ | 2022-07-29T02:41:55Z |
Two arrested after Auburn mail thefts
AUBURN, Kan. (WIBW) - Two people are behind bars after an Auburn mail theft investigation led officials to a couple in Auburn.
The Shawnee Co. Sheriff’s Office says on Wednesday, Aug. 3, officials arrested Randi M. Reaney, 37, and Ethan S. Jennings, 31, both of Topeka, after an investigation into alleged mail theft in Auburn.
On Tuesday, officials said the Shawnee Co. Emergency Communications Center was notified of a mail theft that happened a few days before at a home on SW 69th St. in Auburn. During the investigation, additional thefts were found.
Officials said information was gathered by deputies and detectives which led to fraudulent purchases at several local businesses. Suspect information was able to be gathered through this information and a subsequent search warrant was granted and served.
On Wednesday, members from the Criminal Investigations Division, Fugitive Warrant Unit, Crime Scene Investigation Unit and Patrol Unit executed the warrant at a home in the 2200 block of SW Fillmore St.
During the search, stolen property was found and two suspects were arrested.
Reaney was booked into the Shawnee Co. Dept. of Corrections for criminal use of a financial card, conspiracy and possession of the stolen property. Jennings was booked on multiple outstanding warrants.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/04/two-arrested-after-auburn-mail-thefts/ | 2022-08-04T18:47:24Z |
LOS ANGELES, May 18, 2022 /PRNewswire/ -- Ervin Cohen & Jessup LLP announced today that its Co-Managing Partner Randall Leff has been recognized as a "Top 100 Lawyer" by the Los Angeles Business Journal. According to the journal's publisher Josh Schimmels, the 100 lawyers selected "have demonstrated exceptional legal skill and achievements across the full spectrum of responsibility, exemplary leadership and contributions to the Los Angeles community at large."
"Randy is passionate about his practice and creative in his approach to resolving conflict," said Co-Managing Partner Barry MacNaughton. "He is a an example of professionalism and integrity to people within the Firm and throughout the profession."
Leff, a member of Ervin Cohen & Jessup's Executive Committee and Litigation Department, is a seasoned business trial attorney. "For more than 30 years, he has tried and resolved 'bet the company' business disputes in both state and federal court," says the special feature. "His clients value his consistently customized, high-quality legal services with his signature enthusiasm, creativity, and passion. Leff has built his reputation by developing innovative strategies that recognize the relationship between the immediate legal and the long-term goals of the business. By working collaboratively with his clients, he is able to solve problems creatively and minimize the impact of litigation," adds the publication.
Understanding Leff's skills and sound judgment, many of his clients have asked him to join their management teams in the role of outside general counsel. In this capacity, he further influences the business by bringing his experience, ingenuity, and problem solving expertise to the management team. Through this process, he works with his clients and other legal professionals to develop strategies that move their organizations forward.
Leff currently serves on the Executive Committee of Geneva Group International (GGI), an international group of attorneys and consultants. Through his participation in GGI, Leff has been representing domestic and international businesses in both litigation and transactional matters throughout the United States. He also has represented various Asian-American individuals and entities who are doing business in Los Angeles' Koreatown and the San Gabriel Valley.
Leff is a frequently requested public speaker and has been selected to present at many GGI seminars: Asia Pacific Regional; European Regional; and Best Practices Conferences. These seminars topics include: "Effective Dispute Resolution in the United States;" "Creating and Sustaining an Environment that Stimulates Business Development Activities;" and "If it is Not Broken, Fix it."
Ervin Cohen & Jessup LLP is a full-service firm that provides a broad range of business-related legal services including corporate law; litigation; intellectual property & technology law; real estate transactions and finance; construction & environmental law; tax planning and controversies; employment law; health care law; bankruptcy, receivership and reorganization; and estate planning. For more information, visit http://www.ecjlaw.com/
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SOURCE Ervin Cohen & Jessup LLP | https://www.kxii.com/prnewswire/2022/05/18/ervin-cohen-amp-jessups-randall-leff-named-among-top-100-lawyers-los-angeles/ | 2022-05-18T19:49:02Z |
The European Market Leader Sees Unsustainable Revenue Growth.
EBACE 2022
GENEVA, May 20, 2022 /PRNewswire/ -- As the private aviation charter market continues to enjoy a "new golden age", Geneva based LunaJets warns at this EBACE of a hard landing as it sees more signs of market bubbles.
"This year-to-date, our growth is over 90%, considering a $110M revenue in 2021 for our private jet charter division" comments Guillaume Launay, LunaJets Sales Director "our Web platform model and industry position puts us at the front line of any market changes; and I can tell you that the shift has been dramatic" Launay adds.
LunaJets' website and mobile app receives thousands of visitors every day. A large portion of whom are newcomers who aim to avoid post-Covid commercial airport and airline experience at any cost. Last year, LunaJets acquired north of 1,000 new clients.
Eymeric Segard, LunaJets CEO, warns "I am delighted with our performance so far. We continue to deliver on our strategy based on the best technology, and expand with new offices into new markets. Nonetheless, I maintain a cautiously optimistic and opportunistic approach as I don't believe in the current euphoria and see more risks ahead for our industry. Either the current trend lasts, and the market faces a major supply issue, or it reverses dramatically and faces a new wave of bankruptcies. 2021 was like a wild pendulum, from one side to the other in 3 months and I don't see any indication of a soft landing. Having said that I will not be surprised if we experience another >50% growth in our revenue this year if the current situation remains."
Segard adds "Most of our competitors have either been acquired, gone into administration or are currently for sale. With our long-term track record and cash rich balance sheet we are ready to seize any opportunity as we expect more consolidation ahead when the market reverses".
Segard lists his view of the risks for the industry:
- Post-Covid recovery mostly based on new clients and short flights, rather than existing and long haul.
- Business clients have not returned to pre-Covid level as video and remote working are still favoured
- Financial market volatility may send new clients back to commercial airlines
- The crypto wealth effect may disappear as fast as it stormed our industry
- War in Ukraine
- Supply chain disruption will delay plane delivery and maintenance
- Pilot and crew shortage
- Impact of inflation on charter rates
- Rising cost of debt and financing will impact the velocity of sales and acquisition market
- IPO's, SPAC's and M&A activity at nonsense prices will fade
- New Covid variants
- Sustainability regulations
LunaSolutions, the sales & acquisition division of the group, is also experiencing a strong year and hits a new record of transactions. "We see aircraft that we sold within the last 18 months coming back on the market at a premium of 50%" comments Alain Leboursier, LunaJets MD. "The market has shifted from struggling to find buyers to struggling to find enough good aircraft in a few months. The situation is very similar to the charter market, and maybe worse than the 2008 bubble peak" fears Leboursier.
"We will continue to diversify our revenue stream into other aviation services markets. During Covid we opened a new Cargo division, LunaLogisitisk, and a Group Charter division, run by Rémi Aubin in Paris, who has already organised flights for more than 18,000 passengers this year".
Founded 15 years ago by Eymeric Segard, an ex-Ogilvy executive, LunaJets revolutionised the private jet charter market, then mostly controlled by a group of Jet operators, limited to their own fleet and business interests. The company was the first to offer a web platform to access an unlimited category of business aircraft, with no minimum notice, "peak days" or fleet restrictions. Based on its advanced website and mobile app technology the company offers an independent marketplace to book all types of aircraft. LunaJets is fully controlled by its founders and managers.
With offices in Geneva, London, Paris, Monaco, Riga and Dubai, the Group partakes in private jet, passenger group, cargo charter segments as well as sales, acquisitions and financing of aircraft. The company is currently hiring new employees into all its divisions to meet surging demand and raise its service standards.
ABOUT LUNAJETS
LunaJets is a leading global provider of private jet charter solutions based in Geneva with offices in London, Paris, Monaco, Riga and Dubai.
With a team of over 65 experts, based on its proprietary technologies, LunaJets provides independent advice for booking any private jet anywhere in the world 24/7. It offers the most flexible service in the market on all types of flights. In 2015, LunaJets was the first charter broker to be arg/us certified outside the US. A certification held to this day. The company was founded in 2007 by Eymeric Segard, current CEO.
Contact Details: Marketing Department +41 22 782 12 12 press@lunajets.com
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SOURCE LunaJets SA | https://www.kxii.com/prnewswire/2022/05/20/lunajets-nearly-doubles-revenue-sees-clouds-ahead/ | 2022-05-20T16:03:42Z |
Air Force: Crew not at fault for Afghan deaths in evacuation
WASHINGTON (AP) — The Air Force has concluded that air crew members acted appropriately and were not at fault for some tragic deaths during the chaotic evacuation from Afghanistan last year, when desperate Afghans clung to a military plane as it was taking off and fell to their deaths or were caught in the wheels.
In a statement Monday, Air Force spokeswoman Ann Stefanek said investigations into the deaths found that the crew “exercised sound judgment in their decision to get airborne as quickly as possible when faced with an unprecedented and rapidly deteriorating security situation.”
Video and other reports from that day vividly show Afghans mobbing the Hamid Karzai International Airport in Kabul, frantic to get out of the country when the Taliban seized control and U.S. forces were withdrawing. The C-17 transport plane was surrounded as it landed on the tarmac, and military officials have said the crew feared the plane would be overwhelmed, so they decided to take off.
As the plane lifted off, mobile phone video captured two tiny dots dropping from the aircraft. It later became clear that the dots were Afghans who had tried to hide in the wheel well. As the wheels folded into the body of the plane, the stowaways faced the choice of being crushed to death or letting go and plunging to the ground.
Human remains were found in the wheel well when the plane landed at al-Udeid Air Base in Qatar.
“This was a tragic event and our hearts go out to the families of the deceased,” said Stefanek. She said the Air Force’s Office of Special Investigations looked into the incident and then turned the scene over to Qatar authorities, who declined to investigate further.
“The aircrew’s airmanship and quick thinking ensured the safety of the crew and their aircraft,” said Stefanek. “After seeking appropriate care and services to help cope with any trauma from this unprecedented experience, the crew returned to flight status.”
It is still unclear how many were killed. Videos show the two dots falling from the airborne plane, several seconds apart. But two bodies landed on the same rooftop at the same time, suggesting they fell together, so the other figure seen falling in the videos could be at least one other person.
Afghans later identified one of those who fell to the roof as Fida Mohammad, a 24-year-old dentist. And local media said the second body was identified as a young man named Safiullah Hotak. At least one other person died on the tarmac, crushed under the C-17′s wheels.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/14/air-force-crew-not-fault-afghan-deaths-evacuation/ | 2022-06-14T01:08:51Z |
G-7 leaders mark VE Day stressing unity, support for Ukraine
By SYLVIA HUI and AAMER MADHANI
Associated Press
LONDON (AP) — Leaders from the Group of Seven developed democracies pledged Sunday to phasing out or banning the import of Russian oil, as they met with Ukraine’s president, Volodymyr Zelenskyy, for online talks to stress their support and to display unity among Western allies on Victory in Europe Day, which marks Nazi Germany’s surrender in 1945.
Cutting out Russian oil supplies “will hit hard at the main artery of (President Vladimir) Putin’s economy and deny him the revenue he needs to fund his war,” the G-7 countries, which include the U.S., Britain, Canada, Germany, France and Italy and Japan, said in a statement.
“We will ensure that we do so in a timely and orderly fashion, and in ways that provide time for the world to secure alternative supplies,” they added.
Casting a look back at World War II, the leaders stressed unity in their resolve that Putin must not win.
“We owe it to the memory of all those who fought for freedom in the Second World War, to continue fighting for it today, for the people of Ukraine, Europe and the global community,” they said.
U.S. President Joe Biden’s call with the G-7 leaders and Zelenskyy lasted about an hour.
Italy Prime Minister Mario Draghi’s office said in a statement that the G-7 leaders “reiterated the commitment to diversify energy sources, reducing. dependence on Russian supplies.” Italy, heavily dependent on Russian natural gas when the war began, has since secured several agreements for alternative gas supplies from other countries. Draghi is scheduled to meet with Biden in Washington on Tuesday.
The U.S. also announced new sanctions against Russia for its invasion of Ukraine. They include cutting off Western advertising from Russia’s three biggest television stations, banning U.S. accounting and consulting firms from providing services to any Russian, and piling additional restrictions on Russia’s industrial sector, including cutting off Moscow from wood products, industrial engines, boilers, bulldozers and more.
The White House announced the new sanctions ahead of the May 9 Victory Day, when Russia traditionally celebrates Nazi Germany’s defeat in 1945 with huge military parades.
Putin is expected to talk about what Russia calls its special military operation in Ukraine and address troops on Red Square on Monday.
The U.S. and European allies were seeking to offer counter-messaging that Putin is further isolating Russia from the rest of the world and doing enormous harm to the Russian economy.
The new round of U.S. sanctions will hit three of Russia’s most popular television stations in Russia – Channel One Russia, Russia-1, and NTV — that the U.S. has said have been at the forefront of spreading misinformation about Russia’s prosecution of the invasion.
The Biden administration said the new sanctions prohibiting U.S. accounting and consulting firms from doing business in Russia will help thwart Russian companies and elites from getting help to obscure their wealth and evade an avalanche of sanctions that have already been enacted.
The U.S. also said it imposed some 2,600 visa restrictions on Russian and Belarusian officials and issued a new visa restriction policy that applies to Russian military officials and authorities.
The U.S. sanctioned 27 executives from Gazprombank, a bank that facilitates sales by Russia’s Gazprom, one of the largest natural gas exporters in the world, with Europe. The sanctions are the first time that the U.S. has hit the bank that plays a critical role Russia’s considerable gas exports, but the move stops well short of the full blocking sanctions that the U.S. has hit other big Russian banks.
Ahead of the call, U.K. officials said Britain will provide an extra 1.3 billion pounds ($1.6 billion) in military support to Ukraine to help the nation defend itself against Russian forces.
The funding, which comes from British government reserves, includes 300 million pounds of military kit promised by Prime Minister Boris Johnson earlier this week, such as radar systems to target Russian artillery, GPS jamming equipment and night vision devices.
Canadian Prime Minister Justin Trudeau made a surprise visit to Ukraine Sunday, touring the northern town of Irpin, which had been heavily damaged by Russia’s attempt to take the capital of Kyiv at the start of the war. The mayor on Sunday posted images of Trudeau on social media, saying that the Canadian leader was shocked by the damage he saw at civilian homes.
Trudeau’s office later said “the prime minister is in Ukraine to meet with President Zelenskyy and reaffirm Canada’s unwavering support for the Ukrainian people.”
Jill Biden also made an unannounced visit on Sunday, holding a surprise Mother’s Day meeting in western Ukraine with first lady Olena Zelenska. Biden traveled under the cloak of secrecy, becoming the latest high-profile American to enter Ukraine during its 10-week-old war with Russia.
“I wanted to come on Mother’s Day,” the U.S. first lady told Zelenska. “I thought it was important to show the Ukrainian people that this war has to stop and this war has been brutal and that the people of the United States stand with the people of Ukraine.”
In Germany, Chancellor Olaf Scholz said in a televised address that Sunday was “a May 8th like no other.”
He said Germany has worked hard to own up to its actions during World War II, reconciling with both Russia and Ukraine and committing itself to the concept of “never again.” But Russia’s “barbaric” invasion of Ukraine in February has brought war back to Europe, Scholz said, a prospect that once seemed unthinkable.
“Freedom and security will prevail — just as freedom and security triumphed over lack of freedom, violence and dictatorship 77 years ago,” Scholz said in his address.
German Bundestag President Bärbel Bas, the second highest-ranking German official after the president, met Sunday with Zelenskyy in Kyiv and attended a memorial event honoring the anniversary of the end of World War II.
“We really appreciate that on the Day of Remembrance and Reconciliation itself, and in what for us is such a trying time of war, the President of the German Bundestag Bärbel Bas came to support Ukraine,” said a post published Sunday on Zelenskyy’s Telegram channel.
___
Madhani reported from Wilmington, Delaware. Emily Schultheis in Berlin contributed to this report.
___
Follow all AP stories on the war in Ukraine at https://apnews.com/hub/russia-ukraine. | https://localnews8.com/news/ap-national-business/2022/05/08/g-7-leaders-mark-ve-day-stressing-unity-support-for-ukraine/ | 2022-05-08T22:16:40Z |
WASHINGTON (AP) — A timeline of the Watergate scandal, from the crime to the fall of a president:
June 17, 1972: Five men are arrested in a break-in at the Democratic National Committee headquarters at the Watergate hotel and office complex in Washington.
June 20, 1972: President Richard Nixon and aide H.R. Haldeman discuss Watergate. Later, prosecutors find an 18-minute gap in tape of that conversation.
Sept. 15, 1972: Seven men, including two former White House aides, are indicted in the Watergate break-in.
Jan. 11-30, 1973: Five of the men plead guilty to conspiracy, burglary and wiretapping. Two stand trial and are convicted.
April 30, 1973: Haldeman and Nixon aide John D. Ehrlichman resign. White House aide John Dean is fired.
July 16, 1973: Testimony before the Senate Watergate Committee reveals that all of Nixon’s White House conversations were taped.
July 24, 1973: The Supreme Court rules that Nixon must provide the tapes and documents subpoenaed by special Watergate prosecutor Archibald Cox.
Oct. 20, 1973: Cox refuses to compromise on the tapes, and Nixon orders Attorney General Elliot Richardson to fire Cox. Richardson refuses and resigns in protest. Acting Attorney General Robert Bork fires Cox. This becomes known as the Saturday Night Massacre.
July 24, 1974: The Supreme Court rules Nixon must hand over the tapes.
July 27-30, 1974: The House Judiciary Committee approves three articles of impeachment: obstruction of justice, misuse of powers and violation of his oath of office, and failure to comply with House subpoenas.
Aug. 5, 1974: The “smoking gun” tape becomes public. In the recording of a June 23, 1972, conversation, Nixon is heard approving a proposal from his chief of staff to press the FBI to drop its investigation of the Watergate break-in six days earlier. Republicans who had intended to support Nixon in an impeachment trial abandon him.
Aug. 9, 1974: Nixon resigns.
Sept. 8, 1974: President Gerald Ford pardons Nixon. | https://cw33.com/news/politics/ap-politics/watergate-timeline-from-the-crime-to-the-consequences/ | 2022-06-17T13:08:50Z |
NEW YORK, Aug. 2, 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:
PBF Logistics LP (NYSE: PBFX)'s sale to PBF Energy Inc. for 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest. If you are a PBF Logistics shareholder, click here to learn more about your rights and options.
Romeo Power, Inc. (NYSE: RMO)'s sale to Nikola Corporation for 0.1186 of a share of Nikola common stock for each Romeo share. If you are a Romeo shareholder, click here to learn more about your rights and options.
EVO Payments, Inc. (NASDAQ: EVOP)'s sale to Global Payments Inc. for $34.00 per share. If you are an EVO shareholder, click here to learn more about your rights and options.
Social Leverage Acquisition Corp I (NYSE: SLAC)'s merger with W3BCLOUD Holdings Inc. If you are a Social Leverage 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:
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SOURCE Halper Sadeh LLP | https://www.kxii.com/prnewswire/2022/08/02/shareholder-investigation-notice-halper-sadeh-llp-investigates-pbfx-rmo-evop-slac/ | 2022-08-02T07:12:46Z |
MADRID (AP) — Colombian pop star Shakira and her partner, Spanish soccer player Gerard Piqué, are splitting up, the pair said Saturday.
“We regret to confirm that we are separating,” the two said in a statement released by Shakira’s public relations firm. “For the well-being of our children, who are our highest priority, we ask that you respect our privacy. Thank you for your understanding.”
Shakira, 45, met the Barcelona defender while she was promoting her 2010 World Cup anthem, “Waka Waka (This Time for Africa).” The couple have two children, Sasha and Milan.
In recent days, rumors of the demise of the couple’s 11-year relationship had gripped Spanish media, fueled by reports that Piqué, 35, had left the family’s home in Barcelona and was living by himself in the city.
While Shakira is one of the world’s premier musical artists for her songs and live performances, Piqué is one of European soccer’s top defenders. For a decade, the two were portrayed as two halves of a happy partnership that allowed both to continue thriving as extremely popular entertainers.
The split now comes with both Shakira and Piqué facing their own legal troubles.
Shakira is facing a potential court trial on tax fraud charges in Spain. Prosecutors accuse her of failing to pay 14.5 million euros ($15.5 million) in taxes on income earned between 2012 and 2014. She has denied any wrongdoing and her public relations firm says that she has paid back all that she owed.
Piqué, for his part, has been implicated in a probe by Spanish state prosecutors looking into the contracts behind the hosting of the Spanish Super Cup in Saudi Arabia. Audios leaked to Spanish media point to a company run by Piqué having received commissions worth several million euros (dollars) for his part in taking the tournament to the Middle Eastern kingdom. Piqué denies any wrongdoing or a conflict of interest despite having played in the Super Cup.
Piqué has also launched several other business initiatives while remaining a leading soccer player in Spain. Spanish sports media view him as a future president of Football Club Barcelona once his playing career concludes. | https://cw33.com/entertainment-news/ap-entertainment/shakira-confirms-split-with-soccer-star-pique/ | 2022-06-04T19:47:07Z |
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Platform uses predictive data to identify at-risk moms during first trimester; helps eliminate racial disparities by increasing equity in maternal outcomes
LOUISVILLE, Ky., June 14, 2022 /PRNewswire/ -- Lucina, a leader in women's maternity and predictive analytics and a business unit of Unified Women's Healthcare, is lowering preterm birth rates and NICU stays with their innovative, AI-enabled digital technology. This approach comes at a critical time when the U.S. has the highest maternal mortality rate among industrialized countries, especially for women of color. African American mothers are three times more likely to die during childbirth than their white counterparts. Since 2000, the maternal mortality rate has risen nearly 60%, making it worse now than it was decades earlier, and the financial costs are staggering. In 2019, the maternal and child costs due to maternal morbidity for U.S. births were $32.3 billion, from conception to age 5. Addressing the maternal mortality and morbidity crisis is a key priority for the Biden-Harris administration, which is committed to supporting safe pregnancies and childbirth in our nation and reducing complications and mortality in the year following birth.
"Our country continues to experience disheartening high mortality rates for women of color that we can prevent. African American moms experience 40% worse outcomes than the national average," explains Dr. Trent Haywood, Lucina Advisory Board member and former Deputy Chief Medical Officer of the Centers for Medicare and Medicaid Services. "Lucina is the essential partner to positively impact this population with proven outcomes in lowering preterm birth rates and in NICU average length of stay by intervening in the first trimester, identifying problems, and providing solutions that increase positive birth outcomes. "
Lucina's technology identifies profiles, assesses, connects, and tracks at-risk mothers.Their proprietary database uses an algorithm that identifies 7,000 risk factors, while considering prominent social determinants of health (SDOH), like income level, educational level, medical insurance coverage, access to medical care, pre-pregnancy health, and general health status. The resulting data helps Lucina find 98% of moms before delivery and 72% in the first trimester, allowing for earlier engagement and access to care that will prevent adverse outcomes. It also improves patient engagement and addresses racial disparity gaps in care to connect families to the resources in their communities.
"As an OB/Gyn, I see a genuine sense of urgency for digital tools like Lucina's. This kind of AI-technology can be harnessed to improve not just perinatal outcomes but perinatal health equity," says Dr. Holly Puritz, an OB/Gyn and a board advisor for Lucina.
Lucina is the only technology with predictive data and information, which is the more effective way to identify these at-risk women and create proper treatment plans.
They also collect key '4th Trimester' data – this is the transition period after childbirth when infants are adjusting to life outside the womb and moms are adjusting to new parenthood. Significant biological, psychosocial, and social changes are occuring during this time but our current healthcare system does not support it sufficiently. With some plans, Lucina provides important risk assessment data 90 days post delivery, which is vital for moms and babies after they're discharged from the hospital.
Lucina works closely with national health plans by decreasing the incidence of low-birth-weight newborns and NICU stays by 10%, resulting in better patient outcomes and lessening the burden on our healthcare system. Many health plans offer maternity analytics, but they often fall short when it comes to early identification and real-time patient risk levels.
"Our system is an ideal supplement to health plans because 40% of at-risk moms are missed prior to birth by health plans alone. That means the healthcare system is failing almost half of pregnant women," says Dr. Matt Eakins, President of Lucina and Chief Innovation Officer of Unified Women's Healthcare. "We work closely with payors' case managers to ensure every woman can access the best healthcare in the world, improving quality metrics and creating a value-based framework that improves delivery outcomes and healthier communities over time."
Lucina also works collaboratively with medical providers to support whole-person case and address clinical and psychosocial needs.
For more information about Lucina, visit www.lucinaanalytics.com
Lucina delivers the leading women's maternity analytics platform to innovative health plans, Medicaid providers, and public entities. Lucina identifies women at-risk of preterm birth, usually within the first trimester, with personalized health improvement resources, making it easy for care managers to complete actions that optimize the health and well-being of women to improve birth outcomes and to create healthier communities over time.
Lucina Analytics is a business unit of Unified Women's Healthcare (UWH), a diversified women's health company and a single-specialty management services organization that has strategically grown to successfully become the largest physician practice management company dedicated solely to women. UWH supports more than 2,500 providers across nearly 900 locations in North America.
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SOURCE Lucina Analytics | https://www.mysuncoast.com/prnewswire/2022/06/14/digital-technology-identifies-addresses-seeks-remedy-maternal-health-crisis/ | 2022-06-14T13:35:22Z |
Wide-Spread Clinical Evidence using the MolecuLight Wound Imaging Platform Demonstrates its Significant Global Adoption and Proven Utility in Wound Care
TORONTO and SYDNEY, Sept. 13, 2022 /PRNewswire/ - MolecuLight Inc., the leader in point-of-care fluorescence imaging for real-time detection of wounds containing elevated bacterial loads, announces that its MolecuLight wound imaging platform is featured in 8 presentations and posters at Wounds Australia 2022. The national conference is being hosted from September 14 - 17, 2022 in Sydney, Australia.
"Wounds Australia 2022 brings together leading clinicians, researchers and industry to share best practices in wound care to improve wound care practices and patient outcomes", says Terry Swanson, NP, Vice Chair of the International Wound Infection Institute, Co-Chair of Wounds Australia 2022 conference and international expert in wound management and wound infection. "This includes showcasing new imaging technologies for helping to improve the cleaning and debridement of wounds, such as the MolecuLight novel point-of-care imaging devices, which highlight the presence and location of elevated bacterial burden in wounds. These diagnostic technologies are becoming key tools in informing wound care decision-making at the point-of-care and we are we're thrilled to have their clinical results shared at multiple talks and posters this coming week".
The clinical posters and presentation featuring the MolecuLight i:X from Wounds Australia 2022 are as follows:
(a) Clinical Posters include:
- Uncovering the high prevalence of bacterial burden in surgical site wounds with point-of-care fluorescence imaging
Kylie Sandy-Hodgetts, Charles A. Andersen, Omar Al-Jalodi, Laura Serena, Christina Teimouri, Thomas E. Serena
⇓ Download poster - An Image is Worth 10,000 Microbes: How Fluorescence Imaging Augments IWGDF Criteria for Detection of Bacterial Burden in Diabetic Foot Ulcers
Thomas E. Serena, David Armstrong
⇓ Download poster - Underappreciated bacterial burden in pressure injuries throughout: clinical trial and real-world evidence
Charles A. Andersen, Katherine McLeod, Rowena Steffan, Thomas E. Serena
⇓ Download poster - Reliance on Clinical Signs and Symptom Assessment Leads to Misuse of Antimicrobials: Post hoc Analysis of 350 Chronic Wounds
Thomas E. Serena, Lisa Gould, Karen Ousey, and Robert S. Kirsner
⇓ Download poster
(b) Clinical Presentations include:
- Acute and Surgical Wounds - Setting the Scene: Dr. Thomas Serena
- Diagnostics, Theragnostics and Innovations for Chronic Wounds: Dr Thomas Serena
- Setting the Scene: Diagnostic/ Theragnostic: Dr Thomas Serena
- Uncovering Covert Pathogenic Bacterial Burden in Surgical Site Wounds with Point-of-Care Fluorescence Imaging: Prof. Kylie Sandy-Hodgetts
In additional to the clinical posters and presentations at Wounds Australia 2022, the MolecuLight i:X® and DX™ imaging devices will be available for demonstration in the MolecuLight booth #2 in the Exhibit Hall at the International Convention Centre (ICC) in Sydney, Australia.
The MolecuLight i:X® and DX™ are the only imaging devices for the real-time detection of elevated bacterial burden in wounds that are FDA cleared and CE and Health Canada Approved. With unmatched clinical evidence including over 60 peer-reviewed publications and 1,500 patients, they are used by leading wound care facilities globally.
MolecuLight Inc. is a privately-owned medical imaging company that has developed and is commercializing its proprietary fluorescent imaging platform technology in multiple clinical markets. MolecuLight's suite of commercial devices, which include the MolecuLight i:X® and DX™ fluorescence imaging systems and their accessories, are point-of-care handheld imaging devices for the real-time detection and localization of bacterial load in wounds and digital wound measurement. MolecuLight procedures performed in the United States benefit from an available reimbursement pathway which include two CPT® codes for physician work to perform "fluorescence imaging for bacterial presence, location, and load" and facility payment for Hospital Outpatient Department (HOPD) and Ambulatory Surgical Center (ASC) settings through an Ambulatory Payment Classification (APC) assignment. The company is also commercializing its unique fluorescence imaging platform technology for other global markets with relevant unmet needs in food safety, consumer cosmetics and other key industrial markets.
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SOURCE MolecuLight | https://www.wibw.com/prnewswire/2022/09/13/moleculight-featured-8-presentations-posters-wounds-australia-2022-conference/ | 2022-09-13T11:36:04Z |
MILWAUKEE, June 1, 2022 /PRNewswire/ -- Ademi LLP is investigating UB Bancorp (OTCQX: UBNC) for possible breaches of fiduciary duty and other violations of law in its transaction with F.N.B. Corporation.
Click here to learn how to join the action: https://www.ademilaw.com/case/ub-bancorp or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges UB Bancorp's financial outlook and prospects are excellent and yet UB Bancorp holders will receive only 1.61 shares of FNB common stock for each share of UB Bancorp common stock they own, or $19.56 per share based upon the closing stock price of FNB as of Tuesday, May 31, 2022. The transaction agreement unreasonably limits competing bids for UB Bancorp by imposing a significant penalty if UB Bancorp accepts a superior bid. UB Bancorp insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of UB Bancorp's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for UB Bancorp.
If you own UB Bancorp common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/ub-bancorp.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts:
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP | https://www.mysuncoast.com/prnewswire/2022/06/01/shareholder-alert-ademi-llp-investigates-whether-ub-bancorp-has-obtained-fair-price-its-transaction-with-fnb-corporation/ | 2022-06-01T17:06:30Z |
DÜSSELDORF, Germany, Aug. 8, 2022 /PRNewswire/ -- Alpha Variance Solutions, LLC is pleased to announce the registration and launch of our GmbH in Düsseldorf, Germany. After working and serving our EU clients as a Branch office for the last two years, we are moving forward with our commitment to the German market and its talented workforce.
Yuanming Chu, President - "Alpha Variance Solutions GmbH, is another step in the plan of our company to add value to the Microsoft Partner Eco-system by expanding our reach and services in the EU. We are going Global by being Local."
Our GmbH will continue to bring our global expertise in Professional Services, Retail, Manufacturing, and NPO sectors to Germany. Our services will be tailored to local markets and delivered by business professionals from our global team and local employees. We are looking forward to offering our comprehensive Microsoft Partner services.
Also, we are proud to announce that Mr. Jan Schmitz is our new EU Delivery Manager. Mr. Schmitz brings years of experience in global Microsoft implementation, project management, team building, and business development. Our clients will benefit from his technical and functional knowledge as well as his experience.
Please contact Mr. Schmitz at jschmitz@alphavsolutions.com or Ms. Zoe Abulzahab our EU Marketing & Sustainability Manager at zabulzahab@alphavsolutions.com in Germany.
AVS is a Gold ERP Partner and Direct CSP Provider, with offices in New York, the United States, Düsseldorf, Germany and a full DevOps Support Center in Bangalore, India.
Alpha Variance Solutions GmbH offers Microsoft Dynamics 365 Implementation, Licensing, Business Applications, AI, Azure Infrastructure, Cloud Migration, Modern Workplace, Support Services, DevOps, Change Management, Advisory, Project Rescue, and Training Services.
About Alpha Variance Solutions: Alpha Variance Solutions is a woman-owned, New York-based company. AVS was founded in 2015 after a decade of providing successful implementation services to fortune 500 clients. Alpha Variance Solutions exists to address the most common and fundamental need in this industry; a partner who listens and can lead clients through a well-planned and executed implementation path. As a Microsoft Partner, we focus on providing innovative solutions that solve problems for our customers. Our core engagement methodology is based on flexibility and quality deliverables.
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SOURCE Alpha Variance Solutions | https://www.mysuncoast.com/prnewswire/2022/08/08/new-york-new-york-alpha-variance-solutions-llc-announces-registration-our-gmbh-dsseldorf-germany/ | 2022-08-08T13:20:11Z |
Investment by Brookfield Super-Core Infrastructure Partners Supports FirstEnergy's Capital Growth Program, Strengthens Balance Sheet
AKRON, Ohio, May 31, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) today announced that its subsidiary FirstEnergy Transmission, LLC (FET), has completed the sale of a 19.9% minority equity stake to Brookfield Super-Core Infrastructure Partners for $2.375 billion. FirstEnergy retains an 80.1% equity interest in FET and FirstEnergy's workforce will continue to maintain and operate the company's transmission system.
FirstEnergy announced the agreement with Brookfield in November 2021, along with a $1 billion equity investment in FirstEnergy common stock by Blackstone Infrastructure partners, which closed in December.
FirstEnergy is using the combined $3.4 billion in proceeds from these strategic financings to strengthen its balance sheet, fund its capital program and address its equity plans, with the exception of annual issuances of up to $100 million under regular stock investments and employee benefit plans. FirstEnergy's sustainable capital investment program of $17 billion from 2021 through 2025 is focused on developing a more resilient and modern grid and prioritizes emerging technologies, electric vehicle infrastructure, renewable generation and programs to help customers optimize their energy use.
"With the completion of these transformative investments, FirstEnergy is well-positioned to continue delivering financial and operational excellence, drive our long-term strategies to support smart grid and clean energy initiatives, and transform our company into a more innovative, resilient and industry-leading organization," said FirstEnergy President and Chief Executive Officer Steven E. Strah.
"We are pleased to have completed this transaction and to see this marquee, high-quality investment in our portfolio," said Eduardo Salgado, Managing Partner in Brookfield's Infrastructure Group and head of Brookfield Super-Core Infrastructure Partners. "Our partnership with FirstEnergy will position us well to capture unique capital investment and value creation opportunities over the long-term in-line with our mutual objectives around the decarbonization and electrification of the economy."
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy on Twitter @FirstEnergyCorp or online at www.firstenergycorp.com.
Forward-Looking Statements: This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 based on information currently available to management. Such statements are subject to certain risks and uncertainties and readers are cautioned not to place undue reliance on these forward-looking statements. These statements include declarations regarding management's intents, beliefs and current expectations. These statements typically contain, but are not limited to, the terms "anticipate," "potential," "expect," "forecast," "target," "will," "intend," "believe," "project," "estimate," "plan" and similar words. Forward-looking statements involve estimates, assumptions, known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, which may include the following the potential liabilities, increased costs and unanticipated developments resulting from government investigations and agreements, including those associated with compliance with or failure to comply with the Deferred Prosecution Agreement with the U.S. Attorney's Office for the Southern District of Ohio; the risks and uncertainties associated with government investigations and audits regarding Ohio House Bill 6, as passed by Ohio's 133rd General Assembly ("HB 6") and related matters, including potential adverse impacts on federal or state regulatory matters, including, but not limited to, matters relating to rates; the risks and uncertainties associated with litigation, arbitration, mediation, and similar proceedings, particularly regarding HB 6 related matters, including risks associated with obtaining court approval of the definitive settlement agreement in the derivative shareholder lawsuits; weather conditions, such as temperature variations and severe weather conditions, or other natural disasters affecting future operating results and associated regulatory actions or outcomes in response to such conditions; legislative and regulatory developments, including, but not limited to, matters related to rates, compliance and enforcement activity, cybersecurity, and climate change; the ability to accomplish or realize anticipated benefits from our FE Forward initiative and our other strategic and financial goals, including, but not limited to, overcoming current uncertainties and challenges associated with the ongoing government investigations, executing our transmission and distribution investment plans, greenhouse gas reduction goals, controlling costs, improving our credit metrics, growing earnings, strengthening our balance sheet, and satisfying the conditions necessary to close the sale of the minority interest in FirstEnergy Transmission, LLC; the risks associated with cyber-attacks and other disruptions to our, or our vendors', information technology system, which may compromise our operations, and data security breaches of sensitive data, intellectual property and proprietary or personally identifiable information; mitigating exposure for remedial activities associated with retired and formerly owned electric generation assets; the ability to access the public securities and other capital and credit markets in accordance with our financial plans, the cost of such capital and overall condition of the capital and credit markets affecting us, including the increasing number of financial institutions evaluating the impact of climate change on their investment decisions; the extent and duration of the COVID-19 pandemic and the related impacts to our business, operations and financial condition resulting from the outbreak of COVID-19 including, but not limited to, disruption of businesses in our territories, supply chain disruptions, additional costs, workforce impacts and governmental and regulatory responses to the pandemic, such as moratoriums on utility disconnections and workforce vaccination mandates; actions that may be taken by credit rating agencies that could negatively affect either our access to or terms of financing or our financial condition and liquidity; changes in assumptions regarding factors such as economic conditions within our territories, the reliability of our transmission and distribution system, or the availability of capital or other resources supporting identified transmission and distribution investment opportunities; changes in customers' demand for power, including, but not limited to, economic conditions, the impact of climate change, or energy efficiency and peak demand reduction mandates; changes in national and regional economic conditions, including recession and inflationary pressure, affecting us and/or our customers and those vendors with which we do business; the potential of non-compliance with debt covenants in our credit facilities; the ability to comply with applicable reliability standards and energy efficiency and peak demand reduction mandates; changes to environmental laws and regulations, including, but not limited to, those related to climate change; changing market conditions affecting the measurement of certain liabilities and the value of assets held in our pension trusts, or causing us to make contributions sooner, or in amounts that are larger, than currently anticipated; labor disruptions by our unionized workforce; changes to significant accounting policies; any changes in tax laws or regulations, or adverse tax audit results or rulings; the risks and other factors discussed from time to time in our Securities and Exchange Commission ("SEC") filings. Dividends declared from time to time on FirstEnergy Corp.'s common stock during any period may in the aggregate vary from prior periods due to circumstances considered by FirstEnergy Corp.'s Board of Directors at the time of the actual declarations. A security rating is not a recommendation to buy or hold securities and is subject to revision or withdrawal at any time by the assigning rating agency. Each rating should be evaluated independently of any other rating. These forward-looking statements are also qualified by, and should be read together with, the risk factors included in FirstEnergy Corp.'s filings with the SEC, including, but not limited to, the most recent Annual Report on Form 10-K and any subsequent Current Reports on Form 8-K. The foregoing review of factors also should not be construed as exhaustive. New factors emerge from time to time, and it is not possible for management to predict all such factors, nor assess the impact of any such factor on FirstEnergy Corp.'s business or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statements. FirstEnergy Corp. expressly disclaims any obligation to update or revise, except as required by law, any forward-looking statements contained herein or in the information incorporated by reference as a result of new information, future events or otherwise.
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SOURCE FirstEnergy Corp. | https://www.wibw.com/prnewswire/2022/05/31/firstenergy-completes-minority-interest-sale-transmission-business/ | 2022-05-31T21:32:59Z |
- LG Energy Solution broadens next-generation battery research partnerships by teaming with University of Münster and Forschungszentrum Jülich in Germany following cooperation with UCSD in U.S. and KAIST in Korea
- Battery manufacturer and two German research institutes to focus on developing next-generation electrolyte and a green process for lithium-ion battery manufacturing
SEOUL, South Korea, June 6, 2022 /PRNewswire/ -- LG Energy Solution (LGES; 373220) is expanding its joint battery research programs with leading institutions across the world as it aims to drive next-generation battery technology amid the fast-changing industry.
LGES today announced that it is partnering up with academic organizations in Germany. The company will be working with Münster Electrochemical Energy Technology (MEET) of University of Münster and Helmholtz Institute Münster (HI MS) of Forschungszentrum Jülich. These institutions will take part in a joint battery research program funded by LGES's Frontier Research Laboratory (FRL).
Researchers from all three parties (LGES, MEET and HI MS) will be working on a research for the next generation lithium-ion battery technology using green materials and processes. In particular, the joint research team will be looking into ways to boost battery cell performance including its energy density and cycle life.
Through its FRL programs, LG Energy Solution has been leading the industry by continuously driving battery-related studies with prestigious academia across the world.
LG Energy Solution first established the FRL program with the University of California San Diego to develop a new type of an all-solid-state battery by putting together a solid-state electrolyte and advanced electrode techniques.
Separately, LGES started the FRL program with Korea Advanced Institute of Science and Technology (KAIST), a national university, for base techniques on elements of next-generation batteries last October.
LG Energy Solution said it will continue to expand its FRL program globally as it hopes to explore and preoccupy next-generation battery techniques while offering scientists to focus on battery-related researches.
"Through multiple FRL programs worldwide, LG Energy Solution will thrive to lead the commercialization of next-generation battery techniques," said Youngjoon Shin, Chief Technology Officer of LG Energy Solution.
About LG Energy Solution
LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 24,000 patents. Its robust global network, which spans North America, Europe, Asia, and Australia, includes battery manufacturing facilities established through joint ventures with major automakers such as General Motors, Stellantis N.V. and Hyundai Motor Group. At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution's ideas and innovations, visit https://www.lgensol.com.
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SOURCE LG Energy Solution | https://www.wibw.com/prnewswire/2022/06/06/lg-energy-solution-expands-joint-research-projects-europe/ | 2022-06-07T00:16:24Z |
Deployment of Pinnacle vertical location service in Japan marks first international rollout of NextNav's 3D geolocation technology
MCLEAN, Va., June 29, 2022 /PRNewswire/ -- MetCom and NextNav today announced a commercial agreement for the nationwide deployment of 3D geolocation services in Japan, starting with the rollout of the Pinnacle vertical location service. MetCom will start commercial operation in October 2022 following the successful pilot in Tokyo this past year. The Pinnacle service will first be deployed in the densely populated Tokyo and Osaka metropolitan areas, with a plan to expand coverage to major cities across Japan in 2023. Pinnacle will enhance the experience of geolocation services from two dimensions to include a vertical third dimension, and will serve unmet needs in both public and commercial sectors.
This partnership will be the first large-scale commercial deployment of NextNav's Pinnacle technology outside of the United States and leverages MetCom and NextNav's deep history and management expertise in the globalization of wireless industry standards and technologies. NextNav Pinnacle's precise vertical positioning is available across more than 4,400 US cities and towns, and currently in use by emergency services across the public safety ecosystem as well as consumer, IoT, gaming, and construction applications in the United States.
MetCom and NextNav are additionally working to enable TerraPoiNT's resilient back-up GPS service in Japan to further augment these capabilities in the future.
"We are pleased to introduce the Pinnacle vertical location network and service across Japan," said Hiroki Hirasawa, President of MetCom. "This innovative technology, which provides floor-level vertical location indoors and underground, is critical for a country that has so many individuals living and working in multi-story buildings. We look forward to offering this experience to public safety and emergency services, as well as various industries including data analysis, advertising, gaming and construction, by enhancing user experiences by using geolocation in new ways."
"We are excited that our commercial agreement with MetCom will bring new geolocation capabilities to a host of life saving applications, as well as gaming, augmented reality and the Metaverse, in a highly urbanized and vertical market such as Japan." said Ganesh Pattabiraman, CEO and co-founder of NextNav.
The first phase of Pinnacle vertical location deployment in Japan will start in October 2022 with a nationwide urban deployment anticipated in 2023.
Source: NN-FIN
About MetCom
MetCom, Inc. was established to provide wide-area, high-precision 3D positioning that visualizes "what, when, and where". It overcomes GPS weaknesses such as "indoors", "underground", "building districts", "vertical positioning", and "security", and provides 3D positioning services that can be used universally both outdoors and indoors. We aim to develop and operate social infrastructure that brings safety and security to the society and makes citizens' lives more convenient
About NextNav
NextNav Inc. (Nasdaq: NN) is a leader in next generation GPS, enabling a whole new ecosystem of applications and services that rely upon vertical location and resilient geolocation technology. The company's Pinnacle network delivers highly accurate vertical positioning to transform location services, reflecting the 3D world around us and supporting innovative, new capabilities. NextNav's TerraPoiNT network delivers accurate, reliable, and resilient 3D positioning, navigation and timing (PNT) services to support critical infrastructure and other GPS-reliant systems in the absence or failure of GPS.
For more information, please visit https://nextnav.com/ or follow NextNav on Twitter or LinkedIn.
Contact
media@nextnav.com
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SOURCE NextNav | https://www.wibw.com/prnewswire/2022/06/29/metcom-nextnav-sign-commercial-agreement-scale-pinnacle-japan/ | 2022-06-29T15:09:42Z |
LONDON (AP) — Queen Elizabeth II will skip the Braemar Gathering, a popular Highland Games event, as she struggles with issues getting around.
The 96-year-old monarch previously decided to formally appoint Britain’s new prime minister on Tuesday at Balmoral Castle in Scotland, where she is vacationing, rather than return to London for the traditional ceremony at Buckingham Palace.
Her eldest son and heir Prince Charles, who normally accompanies the monarch to the gathering, will attend. British media reported Friday that the decision was made for the comfort of the monarch, who has struggled with what the palace describes as “mobility issues’’ since last year.
Elizabeth has spent much of the past two years at Windsor Castle, west of London, where she took refuge during the pandemic. She has kept working throughout this period, although most of her tasks have been carried out virtually, including meetings with ambassadors, health workers and schoolchildren. | https://cw33.com/entertainment-news/ap-entertainment/ap-queen-elizabeth-ii-to-skip-highland-games-event-in-scotland/ | 2022-09-03T02:51:18Z |
An unknown number of police officers in Ohio have been placed on paid administrative leave pending an investigation after a police pursuit ended in the shooting death of Jayland Walker on Monday.
Police officers from the Akron Police Department attempted to stop a person, later identified as Walker, for a traffic violation around 12:30 a.m. on Monday, but the driver refused to stop, according to a statement posted on Facebook by the agency.
A chase ensued and police said shots were fired at officers from the vehicle during the pursuit.
After chasing the vehicle "for several minutes," the department said the person slowed down and fled from the vehicle while it was still moving, leading officers on a "foot pursuit" that ended in a parking lot.
"Actions by the suspect caused the officers to perceive he posed a deadly threat to them. In response to this threat, officers discharged their firearms, striking the suspect," the police statement said.
Walker died from multiple gunshot wounds to the face, abdomen and upper legs, CNN affiliate WEWS reported, citing findings by their media partner, the Akron Beacon Journal.
The Journal, which was allowed to review an investigative worksheet at the medical examiner's office, said it "indicated that Walker was observed laying on his back and was in handcuffs when a medical examiner investigator arrived at the shooting scene."
The Summit County Medical Examiner's Office did not release the autopsy record to CNN but confirmed that Walker's death "is ruled a homicide and is considered a 'confidential law enforcement investigatory record.'"
Akron Mayor Dan Horrigan and police chief Steve Mylett released a joint statement on Wednesday regarding the incident, saying, "We know that no police officer ever wants to discharge their service weapon in the line of duty. And anytime they must, it's a dark day for our city, for the families of those involved, as well as for the officers."
"Tragically, we are once again faced with a young man, with his life before him, gone too soon," the joint statement continued. "Every single life is precious, and the loss of any life is absolutely devastating to our entire community. Our prayers are with Jayland Walker's loved ones, and we offer our sincere condolences to all those who knew him. Our thoughts are also with our Akron police officers and their families."
Horrigan and Mylett also said in their statement that the police bodycam footage, along with more information on what happened, would be released "in the following days."
The officers involved in the shooting have been placed on paid administrative leave, pending an investigation by the Akron Police Department's Major Crimes Unit and the Ohio Bureau of Criminal Investigation, according to the police statement.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/ohio-police-officers-on-paid-administrative-leave-after-fatal-shooting-of-jayland-walker/article_6f263025-8c67-51db-8c74-d3cbb9ea67da.html | 2022-06-30T22:13:42Z |
IRVINE, Calif. (WXIN) – The joyous day is nearly upon us: Mexican Pizza will be back on the menu at Taco Bell on Thursday, but some fans can get it early.
The return was met with nationwide acclaim by Taco Bell devotees when it was announced in April.
Hundred of thousands petitioned the fast-food giant on social media and on Change.org when the pizza-quesadilla hybrid was originally taken off the menu in the fall of 2020.
And while everyone can order a Mexican Pizza on May 19, there is a select group that can get one on May 17 and May 18.
According to the company’s website, Taco Bell Rewards loyalty members get first dibs, two days ahead of the official comeback. It only applies to in-store/drive-thru pickup orders made via the Taco Bell mobile app. Members should check their local Taco Bell for availability.
The pizza-tostada hybrid, featuring pizza sauce, beans, cheese and other toppings layered on crispy tortillas, has developed quite a following over the years.
Then on Nov. 5, 2020, fans were dismayed to hear that Taco Bell was removing the Mexican Pizza from the menu to “[pave] the way for fresh new ideas.”
The upcoming return of the item, the company has said, is a permanent one. | https://cw33.com/news/national/nexstar-media-wire/how-to-get-taco-bells-mexican-pizza-before-its-official-return/ | 2022-05-17T15:55:38Z |
New research highlights the challenges and opportunities for people with disabilities in small business ownership
WASHINGTON, July 28, 2022 /PRNewswire/ -- Today, National Disability Institute (NDI) released the new report, Small Business Ownership by People with Disabilities: Challenges and Opportunities. The report finds that, with a significant portion (74 percent) of people with disabilities outside the labor force, entrepreneurship is an important employment option for this population. However, they are often hindered by limited access to affordable startup capital and a scarcity of supports, services and programs tailored to their unique needs and challenges.
The more than 1.8 million business owners with disabilities in the U.S. often must overcome unique barriers to entrepreneurship as they strive to compete alongside their non-disabled counterparts in a business world that does not fully recognize their abilities and resilience.
"Individuals with disabilities continue to turn to self-employment and small business development as a viable alternative that provides greater control, choice and flexibility in terms of work schedule, environment and economic advancement," said Thomas Foley, Executive Director, National Disability Institute. "Government, corporate and philanthropic efforts need to evolve to ensure that people with disabilities have the financial and economic opportunities to match their talents, ambitions and potential."
"Findings from this report show that more work needs to be done to remove institutional barriers and empower the financial success of small business owners and entrepreneurs with disabilities," said Elizabeth Daly-Torres, Executive Director, Office of Disability Inclusion, JPMorgan Chase. "Developing creative solutions for these owners and entrepreneurs to grow and thrive is one way to drive sustainable change."
The report findings provide an important lens on the employment choices and decision making of Americans with disabilities. Report highlights include:
- A higher percentage of self-employment in working-age people with disabilities is observed in all age groups, as compared to working-age people without disabilities.
- Lower labor force participation and higher self-employment rates among those who are working stem in part from barriers to the labor market.
- Barriers keep them from pursuing work and, when people with disabilities do pursue work, lack of accommodations and discrimination in the workplace may prompt them to launch their own enterprises.
- Entrepreneurs with disabilities expressed that they started their business to have a more flexible work schedule because they had experienced a hostile work environment or a lack of advancement opportunity or they were laid off and could not find a job in their field.
- The absence of disability data in most public and private surveys of small businesses renders business owners with disabilities invisible. This creates an obstacle to building a case for developing targeted programs for this underserved and too often overlooked population.
Sources for the report included Census Bureau survey data, entrepreneurs with disabilities, state Vocational Rehabilitation agency (SVRA) leaders and experts from organizations in the ecosystem of disability-owned business enterprises (DOBEs). In addition, entrepreneurs and small business owners with disabilities were interviewed for the report. A DOBE is a for-profit business that is at least 51 percent owned, managed and controlled by a person with a disability regardless of whether or not that business owner employs person(s) with a disability. The entrepreneurs were asked to identify the facilitators and barriers to developing their small business — including the support services available to them — and to describe additional supports that are needed to help grow and sustain disability-owned small businesses.
National Disability Institute released the report findings today during a national webinar.
A digital copy of the report is available for download from the NDI website.
The research and report were made possible through the generous support of JPMorgan Chase & Co.
National Disability Institute (NDI) is a national nonprofit organization dedicated to building a better financial future for people with disabilities and their families. The first national organization committed exclusively to championing economic empowerment, financial education, asset development and financial stability for all persons with disabilities, NDI affects change through public education, policy development, training, technical assistance and innovative initiatives. To learn more, visit www.nationaldisabilityinstitute.org. Engage with NDI on Facebook: @NationalDisability or follow NDI on Twitter: @NatDisability.
Contact:
Kathy Brannigan
Director Marketing and Communications
National Disability Institute
kbrannigan@ndi-inc.org
m: (917) 647-4430
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SOURCE National Disability Institute | https://www.mysuncoast.com/prnewswire/2022/07/28/report-finds-that-entrepreneurship-is-an-increasing-employment-option-adults-with-disabilities/ | 2022-07-28T20:12:02Z |
NEW YORK , May 17, 2022 /PRNewswire/ -- Syncora Guarantee Inc. ("Syncora Guarantee") today announced that certain financial information of Syncora Guarantee has been made available on Syncora Guarantee's website (www.syncoraguarantee.com). The information posted is Syncora Guarantee's unaudited Statutory Basis Financial Statements as of March 31, 2022.
About Syncora Guarantee Inc.
Syncora Guarantee Inc. is a New York-domiciled insurance company that is a wholly owned subsidiary of Syncora FinanceCo LLC. For additional information, please visit www.syncoraguarantee.com.
Contact
George Wilkinson
General Counsel
Syncora Guarantee Inc.
(212) 847-3607
Important Information and Forward Looking Statements
This press release contains statements about future results, plans and events that may constitute "forward-looking" statements. We caution you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek," "comfortable with," "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Syncora Guarantee's control. Readers are cautioned not to place undue reliance on forward-looking statements which speak only as of the date they are made. Syncora Guarantee does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements are made.
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SOURCE Syncora Guarantee | https://www.kxii.com/prnewswire/2022/05/17/syncora-guarantee-inc-announces-availability-certain-financial-information/ | 2022-05-17T21:01:36Z |
ARLINGTON, Va., Sept. 7, 2022 /PRNewswire/ -- Risk Mitigation Consulting, the leader in mission assurance, risk management, and industrial cybersecurity solutions, today announced that it is relaunching as RMC, and unveiling a modernized brand architecture. RMC's goal is to communicate their unparalleled risk management expertise and commitment to strengthening security postures of government and commercial organizations, so they can prevail in an evolving threat environment.
Core elements of the modernized brand include:
- Assuring Tomorrow. The tagline speaks to RMC's role addressing today's risks while anticipating tomorrow's.
- The new logo is bold and contemporary, with a rising sun logomark emphasizing a forward-looking approach.
- Now at www.RMCGlobal.com, the modern website communicates RMC's global experience, ingenuity, and momentum.
"Our purpose is timeless and RMC is moving into a dynamic growth phase. This brand modernization represents the start of a new era for us," said Vince Kuchar, CEO of RMC. "We are aligning our team around the awareness, analysis, and actions needed to thwart today's bad actors from disrupting our nation's critical infrastructure and business operations. Together, we are truly united in assuring tomorrow."
As critical infrastructure assets and systems become more interconnected, vital infrastructure sectors such as utility systems, transportation, communications, health, and emergency services are facing increased risks.
"Protecting today's missions, military installations and business operations is an increasingly complex undertaking," said Brent Hyland, COO of RMC. "RMC was purpose-built for mission assurance and industrial cybersecurity solutions. Our team operates worldwide, serving clients with the experience and drive required to ensure the security of our nation's most important assets – today and tomorrow."
As part of the brand modernization, RMC's offerings will include:
- Mission Assurance
- Industrial Cybersecurity
- Intelligence and Analysis
- Critical Infrastructure Protection
Since its start in 2011, RMC has identified countless critical risks to missions, resulting in more than $2.7 billion in federal funding being reprioritized to address the most pressing risks.
RMC provides a full lifecycle of Mission Assurance and risk management solutions, with deep expertise in critical infrastructure protection and industrial cybersecurity, to protect our country's most important and vital assets. Operating worldwide, RMC provides federal government and commercial organizations the analysis, assessments, strategy and remediation required to protect personnel, facilities, networks, and critical infrastructure. Founded in 2011, RMC has offices in Destin, Florida, and Arlington, Virginia. www.RMCGlobal.com
Press Contact:
Joyce Bosc
On behalf of RMC
jbosc@boscobel.com
301-717-9529
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SOURCE RMC | https://www.mysuncoast.com/prnewswire/2022/09/07/risk-mitigation-consulting-announces-brand-modernization-rmc/ | 2022-09-07T11:56:05Z |
The iconic retailer will kick-off its biggest anniversary campaign during New York Fashion Week teaming with Harper's BAZAAR to host their annual ICONS fête and announces special celebrations across the country with top designers, exclusive merchandise, immersive events and much more this September
NEW YORK, Aug. 15, 2022 /PRNewswire/ -- Bloomingdale's announced today its line-up of star-studded events, world-class designer collaborations, immersive in-store events and new social and digital activations that will be part of the leading retailer's 150th anniversary celebration beginning this September.
"Bloomingdale's has pioneered the modern retail experience for one hundred and fifty years," stated Tony Spring, Chairman and CEO, Bloomingdale's. "We are a company with a rich heritage and this September, we have so much to celebrate as we look ahead to the future. As we commemorate this milestone, we want to make everyone part of the celebration. Bloomingdale's will share this occasion with the customers, colleagues, partners and communities who have made us who we are and who are coming with us on the journey into Bloomingdale's next era."
A COLLECTION LIKE NO OTHER
On September 8th, Bloomingdale's will launch its 150th Anniversary Collection of exclusive merchandise. The company's biggest and most impressive collection of limited-edition designer collaborations to-date includes over 300 exclusive products and styles developed in partnership with top brands and designers, including special luxury selections, across women's and men's fashion, accessories, beauty, home, fine jewelry and more.
"As a multi-category luxury retailer, we are proud to be able to feature the most coveted selection of brands and products across every single department," said Denise Magid, Executive Vice President and General Merchandising Manager, Bloomingdale's. "Having such an impressive group of the most in-demand designers and labels partner with us to create exclusive, limited-edition designs to commemorate our 150th anniversary is truly an honor, and we could not be more excited about the collection they've created."
Some of the brands who have created exclusive designs for Bloomingdale's 150th include Gucci, Balenciaga, Prada, Valentino, David Yurman, Maison Francis Kurkdjian, Byredo, and many more. This exclusive collection will launch in Bloomingdale's locations across the country and online at Bloomingdales.com beginning on September 8th, with new items debuting regularly through the holiday season.
A VIRTUAL SHOP LIKE NO OTHER
Throughout its 150 years, Bloomingdale's has been a destination that has always innovated the shopping experience. To carry on that tradition as the brand marks its milestone anniversary, Bloomingdale's will launch an immersive virtual store with Emperia, a pioneer in ecommerce's technology frontier. Debuting September 8th, the futuristic virtual space will allow visitors to discover exclusive products, play games and unlock a surprise and delight room.
LIMITED-EDITION BIG BROWN BAGS
Bloomingdale's world-famous Big Brown Bag created a sensation when it first hit stores in 1973—and remains one of the most iconic—and recognizable—bags of all time. Originally designed by legendary graphic designer Massimo Vignelli, the presciently sustainable shopper gets a special anniversary update with five designer-inspired styles, available at all stores for a limited time beginning September 8th.
A CELEBRATION LIKE NO OTHER
The celebration continues on September 9th, when Bloomingdale's and Harper's BAZAAR come together for an unforgettable night celebrating both the iconic retailer's 150th anniversary and BAZAAR's global ICONS portfolio. For the first time, BAZAAR's annual ICONS event will be hosted at Bloomingdale's revered 59th Street flagship location. The fun and festive NYFW cocktail party draws inspiration from iconic New York City nostalgia and will bring together the biggest names influencing style and culture today. The evening will also feature a surprise performance by one of today's most popular new talents.
"This year, as we honor the next generation of BAZAAR ICONS, we couldn't ask for a better partner than Bloomingdale's to help us celebrate," said Samira Nasr, Editor in Chief, Harper's BAZAAR. "We cannot wait to toast Bloomingdale's 150th anniversary and this visionary group of young people who are redefining what it means to be an ICON today in one of NYC's most iconic locations."
A CELEBRATION FOR EVERYONE
That same night, Bloomingdale's and Harper's BAZAAR take the celebration on the road with mini versions of the event at Bloomingdale's across the US, including top markets Florida, Massachusetts, and California. These inaugural events will kick-off an exciting and exclusive line-up of special experiences for customers that will roll-out at Bloomingdale's locations across the country, as well as on Bloomingdales.com, and continue through the 2022 holiday season.
A GENERATION OF SHOPPERS LIKE NO OTHER
On Saturday, September 10th, all Bloomingdale's stores will host an Anniversary Bash. These events will take inspiration from "Saturday's Generation" – a term endearingly attributed to Bloomingdale's clientele in the 1970s – with storewide interactive experiences. Customers will be invited to partake in the festivities with in-store events, special shopping activations, entertainment and more.
"Bloomingdale's has always been at the forefront of innovative marketing," explained Frank Berman, Executive Vice President and Chief Marketing Officer, Bloomingdale's. "For this significant milestone, it was important for us to commemorate the innovation, creativity and company philosophies that have defined our last hundred and fifty years, while also continuing to look ahead at what's next. Saturday's Generation is such a unique part of our history, and in honor of our anniversary we've reimagined this trend of yesteryear in a way that is new, fresh, surprising and – most importantly – ideally suited to today's modern consumer."
Saturday's Generation events will take place on Saturday, September 10th from 1-5pm local time.
THE MAKEUP DATE x 150TH
Bloomingdale's will bring a special 150th anniversary beauty experience to life, in all stores, with a New York-inspired beauty festival. On Saturday, September 17th, customers can enjoy a curated beauty experience at counter events and offerings. Select stores will also host a Beauty Trend Show like no other on September 17th. Top beauty customers will receive special perks and gifts from featured brands, have the chance to participate in brand partner trend discussions, enjoy complimentary treats and more.
Additionally, Bloomingdale's will kick-off The Makeup Date events via Bloomingdale's On Screen on Wednesday, September 14th. This virtual event will feature fashion director finds and a trend conversation with top beauty experts.
DESIGNER POP-UPS & INSTALLATIONS
Throughout the fall season, select Bloomingdale's stores will host special experiences as part of the 150th Anniversary celebration in collaboration with a line-up of the hottest leading design partners and brands. Immersive pop-up shops, trunk shows and original, shoppable installations will be activated with brands ranging from La Prairie, Ralph Lauren, and Louis Vuitton to Bernardaud, Devialet and many more.
Additional 150th anniversary campaign celebrations and special programming will be activated through the holiday season. More information will be announced this fall and details can be found online at www.bloomingdales.com.
About Bloomingdale's
Bloomingdale's is America's only nationwide, full-line, upscale department store. A division of Macy's, Inc. (NYSE: M), it currently operates 34 Bloomingdale's stores and 20 Bloomingdale's The Outlet stores, in California, Connecticut, Florida, Georgia, Hawaii, Illinois, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Texas, and Virginia, along with 1 Bloomie's location in Virginia. In addition, Bloomingdale's has an international presence with a location in Dubai. Founded in 1872, the iconic retailer is celebrating its 150th anniversary this year. Be sure to follow @bloomingdales on social media, become a Loyallist, and for more information, or to shop any time, visit www.bloomingdales.com
PRESS CONTACT:
Malisa Meresman, Bloomingdales@finnpartners.com
Kevin Harter, kevin.harter@bloomingdales.com
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SOURCE Bloomingdale’s | https://www.kxii.com/prnewswire/2022/08/15/bloomingdales-unveils-celebration-like-no-other-its-150th-anniversary/ | 2022-08-15T13:43:40Z |
LANGLEY, Wash. (AP) — One person was killed and nine people remained missing, including a child, after a floatplane crashed Sunday afternoon in Puget Sound in Washington state, the U.S. Coast Guard said.
The agency said in a press release the plane was flying from Friday Harbor, a popular tourist destination in the San Juan Islands, to Renton, a southern suburb of Seattle.
Four Coast Guard vessels, a rescue helicopter and an aircraft were involved in the extensive search, along with nearby rescue and law enforcement agencies. Two vessels were to continue searching during the night and air patrols would resume at first light, the Coast Guard said late Sunday.
The crash was reported at 3:11 p.m. The Coast Guard said one body had been recovered and nine people were still missing. The cause of the crash is unknown, authorities said.
The plane went down in Mutiny Bay off Whidbey Island, roughly 30 miles (50 kilometers) northwest of downtown Seattle and about halfway between Friday Harbor and Renton.
The National Transportation Safety Board said the plane was a de Havilland DHC-3 Otter, a single-engine propeller plane.
Floatplanes, which have pontoons allowing them to land on water, are a common sight around Puget Sound, an inlet of the Pacific Ocean. There are multiple, daily flights between the Seattle area and the San Juan Islands, a scenic archipelago northwest of Seattle that draws tourists from around the world.
These aircraft, which also fly between Seattle and Vancouver, British Columbia, frequently travel over Seattle and land in Lake Washington, not far from the city’s iconic Space Needle.
Renton, where authorities say the flight was headed Sunday, is at the southern tip of Lake Washington, about 10 miles (16 kilometers) southeast of Seattle.
In 2019, a midair crash in Alaska between two sightseeing planes killed six people. The Ketchikan-based floatplanes were carrying passengers from the same cruise ship, the Royal Princess, and were returning from tours of Misty Fjords National Monument. | https://cw33.com/news/u-s-news/ap-us-headlines/ap-1-dead-8-missing-after-float-plane-crashes-in-puget-sound/ | 2022-09-06T02:01:20Z |
STEAMBOAT, Colo., July 21, 2022 /PRNewswire/ -- Pacaso, the leading technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, today announced that it has expanded its service to Steamboat Springs, Colorado. Pacaso first launched its Colorado operations in October 2021 in Aspen, Telluride, and Vail and now offers buyers the unique opportunity to co-own 1/8 to 1/2 of a contemporary second home in the greater Steamboat area.
"Pacaso has helped many families become second home owners in Colorado since our launch in the destination in 2021 and we're excited to bring our co-ownership model to Steamboat Springs and continue our growth here. Steamboat has incredible year-round recreation, breathtaking natural resources, a historic downtown, vibrant arts and culture, popular nearby mineral springs and countless mountain pursuits and is a high-demand second home destination," said Pacaso Co-Founder and CEO Austin Allison.
Pacaso's first listing in the area is a four-bedroom, five-bathroom home presenting modern living in a classic mountain setting. With majestic mountain views and the soothing sounds of nearby Fish Creek, this light-filled townhome is part of the Barn Village community that includes a clubhouse, fitness center, pool, and hot tub. The sleek home has high ceilings and large windows, creating an airy feel and connection with the pristine scenery and beautiful views of Buffalo Pass. The home features a chef's kitchen, four spacious bedrooms, a loft with a wet bar and a heated balcony overlooking the Steamboat Ski area.
"The demand for second homes has increased the strain on many mountain towns, including places like Steamboat. Pacaso homes are owned by an average of six families who come back over and over again and are invested in the community's long-term well-being," continued Allison. "These families offset the stress of constantly catering to transients as it's not a revolving door of 30 new groups on average every year like you find with short term rentals."
"Most people can only dream of owning a luxury home in a world class ski resort like Steamboat Springs. For some, it's cost prohibitive or they simply won't use a second home enough to justify the expense. With the unique co-ownership model that Pacaso offers, that dream can become a reality at just one-eighth of the price," commented Dayna Horton from Aspen Snowmass Sotheby's. "By turning one unit into eight, this also frees up inventory for locals who have struggled with affordability in expensive resort communities."
Pacaso partners with all interested real estate agents and brokerages in markets where it operates. Real estate agents representing buyers who purchase a share of a Pacaso home receive a 3% referral commission, plus Pacaso equity in the form of 500 RSUs. Agents in Colorado who are interested in working with Pacaso can learn more on the company's website. The company works with a variety of local businesses to support its operations in Colorado.
To see all available homes, please visit the Pacaso website.
Pacaso® is a technology-enabled marketplace that modernizes real estate co-ownership to make owning a second home possible and enjoyable for more people. Pacaso curates luxury listings with premium amenities and high-end contemporary interior design, offers ⅛ to ½ ownership with integrated financing, and, after purchase, professionally manages the home and supports seamless resale. Co-founded by Austin Allison and Spencer Rascoff in 2020, Pacaso operates in top second home destinations around the world. Pacaso has been certified as a Great Place to Work and is recognized as one of Glassdoor's 2022 Best Places to Work.
For more information about Pacaso and to view luxury second home listings, visit www.pacaso.com or download the Pacaso app for Android or iPhone. You can also follow Pacaso on social media @PacasoHomes on Twitter, Instagram, Facebook and YouTube or @Pacaso_Homes on TikTok.
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SOURCE Pacaso | https://www.mysuncoast.com/prnewswire/2022/07/21/pacaso-luxury-second-home-co-ownership-platform-expands-its-colorado-presence-with-steamboat-springs-launch/ | 2022-07-21T14:18:56Z |
New leaders from Atlassian, ServiceNow, and Workday hired to scale company following record-breaking customer and revenue growth
SAN FRANCISCO, Aug. 25, 2022 /PRNewswire/ -- Benchling, the R&D Cloud powering the biotechnology industry, announced the appointment of new executive leadership to its engineering and field organizations. These hires come at the same time the company achieved significant financial milestones. In the first half of its fiscal year, Benchling surpassed 1,000 customers and increased subscription revenue 90% year-over-year. Dollar-based net expansion was greater than 150%, indicative of customers rapidly growing their use of the R&D Cloud.
Benchling appointed Stephen Deasy as the company's first Chief Technology Officer. He has 20 years of experience scaling platform, infrastructure, and product engineering teams at high-growth software companies. Deasy will be responsible for leading Benchling's technology strategy and growing its engineering team. While at Atlassian, he led the cloud platform and infrastructure groups before his role expanded to encompass all of product engineering, including products such as Jira, Confluence, and Trello. He played a key role in Atlassian's transition to the cloud and in scaling the global engineering organization during his six-year tenure. Prior to Atlassian, he led engineering teams at Groupon, VMware, and EMC.
"We are honored to hear our customers — from emerging startups to Fortune 500 — tell us that Benchling is becoming the standard for cutting-edge biotechnology R&D," said Sajith Wickramasekara, co-founder and CEO of Benchling. "We are investing in expanding our R&D Cloud. Our customers are pushing into new scientific frontiers and the R&D Cloud enables them to bring transformative products to market, faster. The addition of Stephen to our leadership team will position us to accelerate this goal while continuing to build a world-class engineering organization."
"In my career, the things that I've enjoyed most are being close to technology as it scales and building out the people-power behind that scale," said Stephen Deasy, Chief Technology Officer at Benchling. "I was drawn to Benchling because of the opportunity to work with a talented, mission-driven team to build the biotech industry's only modern and connected R&D platform."
In addition, Benchling welcomes Niall Wall to lead Global Partnerships and Rick Wright to lead Customer Experience.
Niall Wall brings deep experience scaling global partnership programs, most recently as SVP for Global Partners and Business Development at Workday, and prior to that, having built Box's partnership program from the ground up. In his role, he will focus on building a vibrant partner ecosystem that will bring the R&D Cloud to more biotech customers around the world and allow them to connect Benchling to other essential systems they use.
Rick Wright joins Benchling from ServiceNow, where he served as the global leader for ServiceNow's Customer Outcomes organization. In his role, he will lead and scale Benchling's professional services, customer success, and support practices globally. Prior to ServiceNow, Wright spent more than 20 years at KPMG, where he led digital transformation efforts.
Benchling is the pioneer of the R&D Cloud, software that unlocks the power of biotechnology. More than 200,000 scientists at over 1,000 companies and 7,500 academic and research institutions globally have adopted the Benchling R&D Cloud to make breakthrough discoveries and bring the next generation of medicines, food, and materials to market faster. The Benchling R&D Cloud helps these organizations modernize their scientific processes and accelerate collaboration so they can convert the complexity of biology into world-changing results. For more, please visit Benchling.com or follow us on Twitter at @Benchling.
Contact: press@benchling
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SOURCE Benchling | https://www.kxii.com/prnewswire/2022/08/25/benchling-announces-new-executive-appointments-1000-customer-milestone/ | 2022-08-25T14:27:22Z |
How to choose a dog house for your patio
Your dog might occasionally be allowed in the house, but when it gets time to tuck in for the night or a gentle afternoon nap, your dog needs its own space. Most people might think that any dog house is the same as the next, but there are several kinds — all with different comfort levels and amenities. It’s important to consider a few different things before you choose a dog house for your patio to ensure it’s the best option for your dog.
What to consider when buying a dog house for your patio
Proper size for your dog
The best dog house for a patio depends on several factors, but the most important one is the size of your dog. The interior should be large enough for a dog to comfortably turn around or change positions. A good measurement for large dogs is that the interior space should be at least 3/4 of your dog’s height. Smaller pets generally don’t have a problem with space constraints.
Your dog’s habits
The dog house will go on the patio, but consider your dog’s habits. If it enjoys keeping watch over the backyard, turn the entrance of the dog house so that your dog can see it clearly. On the other hand, if strange sights and sounds make your dog nervous, you should position the dog house to limit the view.
Average temperature and sun exposure
You should also consider the average temperature and sun exposure when choosing a dog house. Most dogs aren’t too bothered by sunshine or breezes, but the type of roof on a dog house matters. Shingles or corrugated iron roofing will get extremely hot, making it very unpleasant for your dog. The best material for any dog house is a combination of wood and steel because it provides more insulation and strength.
Aesthetics
If aesthetics concern you, many dog houses will perfectly fit in with your home’s exterior. Plenty of wooden dog houses resemble log cabins or quaint villas, while others can look like dog-sized apartments complete with windows and doors. Even if you prefer to go for a plastic dog house, they are generally available in different colors or different styles of roofs.
Best dog houses for patios
Frisco Modern Wooden Outdoor Dog House
This adorable dog house looks like a miniature apartment for your best friend. The corrugated plastic roof is slanted so that any materials roll off to the back and is also extended in the front to keep the sun out of your dog’s eyes. Sold by Chewy
Petmate Barnhome III Dog House
This classic plastic dog house is best suited for small to medium-sized dogs. It is easy to move this dog house from the patio when you need to clean it. For some fresh air, there is a rear air ventilation opening. The length is 29 inches, the width is 22 inches and the height is 21 inches. Sold by Chewy
Precision Pet Outback Log Cabin Dog House
If you prefer a log cabin look, both you and your pooch will love this dog house. It stands 32 inches tall, 44.7 inches long and 32.5 inches wide, making it best suited for large dogs. The dog house is made from solid, cedar-stained fir wood, which provides insulation from the elements. Sold by Chewy
Merry Products Room with a View Wood Dog House
Your dog will feel like the king of the castle in this natural cedar wood dog house. The main compartment shelters your dog on three sides with a small opening on the front. Stairs lead to a dog-sized veranda that features cedar wood latticework. The top is removable for easy cleaning. Sold by Chewy
Dog Palace Insulated Heated Dog House
This house is the perfect solution for chilly mornings, as it comes with a Palace Central Heater with a remote and digital thermostat. In addition, this plastic dog house has 3 inches of insulation and a closable front opening. Sold by Chewy
PawHut Large Dog House Cabin with Porch
Made of fir wood, this dog house has two separate compartments with their own entrances and plastic curtains instead of doors. The spacious porch features a slide-out bottom tray and a roof that opens for easy cleaning. In addition, raised feet keep the dog house off the patio, which protects the wood from moisture damage. Sold by Amazon
This log cabin-style house is raised off the ground to protect the floor, and the slanted, waterproof roof won’t let any snow or water accumulate. It has a hinged door and two mesh-covered windows. You can easily remove the roof for cleaning. Sold by Amazon
Suncast Outdoor Dog House with Door
It may look like a tiny marble apartment, but this dog house is actually plastic. The roof is removable for easy access and cleaning, and two plastic flaps reduce wind and dust from entering. Measuring 38.5 inches long, 33 inches wide and 32 inches tall, it is best suited for a dog up to 100 pounds. Sold by Amazon
PawHut Wicker Dog House for Patio with Removable Cushion
Some pampered pets might prefer a sofa on the patio, making this rattan dog house an excellent choice. A slanted roof covers the removable cushion, and there are rattan edges on three sides. The frame is solid stainless steel, and it measures 33.5 inches long, 27.25 inches wide and 33.5 inches tall. Sold by Amazon
MidWest Eillo Folding Outdoor Wood Dog House
This dog house is set up in a few seconds, as it simply folds out. It measures 40 inches wide and 25 inches long. It is made from water-resistant stained wood and stainless steel hinges, and the removable roof is asphalt-shingled. The feet are adjustable for uneven surfaces. Sold by Chewy
Available in three colors, this dog house has a bit of a whimsical design that can easily remind you of a mushroom. It is made from sturdy plastic with a spacious interior, and it has two grated windows on each side. The dog house is easily cleaned and can come apart quickly. It stands 26 inches high and is 22.4 inches wide. Sold by Chewy
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/pets-br/housing-furniture-br/which-dog-house-is-best-for-patios/ | 2022-04-25T23:15:55Z |
No code automation platform combines identity governance with cloud security.
BOSTON, Aug. 31, 2022 /PRNewswire/ -- Zilla Security, the most comprehensive identity security platform for the cloud and hybrid environments, today announces the completion of a $13.5 million Series A funding. Tola Capital and FirstMark Capital co led the round with support from Pillar VC.
"Today, organizations recognize that identity is the new perimeter when it comes to cloud security," said Deepak Taneja, CEO and co-founder of Zilla Security. "But making sure that the right identities always have the right access across complex, siloed, and dynamic cloud environments can be a daunting task. Zilla eliminates all the complexity in managing identities and permissions by combining identity governance and cloud security into one platform. We've created the only identity security solution, purpose-built to automate the monitoring and lifecycle of user and machine entitlements through no-code integration across all environments."
Zilla's platform, developed by the leading pioneers in identity governance and access security from Aveksa (acq by RSA), Netegrity (acq by CA), and Forgepond (acq by MobileIron) is addressing one of the biggest challenges organizations face today – identity security. Zilla delivers cross-organizational access visibility and reviews, risk detection, continuous change tracking, and the ability to automatically remediate the drift in permissions that occurs over time. The company is uniquely suited to solve the challenge of managing identities (human, machine, and APIs) and entitlements based on its innovative, robotic automation technology, Zilla Universal Sync™ (ZUS™). ZUS delivers advanced connectivity that enables enterprises to quickly and seamlessly onboard any application, service or platform in the cloud or on-premises.
"Security teams need to understand their identity systems in order to secure the company against a wide range of threats. We have seen this as a challenge for many years and were excited to find that Zilla offers a simple solution to provide complete visibility to security teams across all their identity platforms," said Aaron Fleishman, Partner at Tola Capital. We are thrilled to partner with Deepak, Nitin, and the Zilla team and invest in a truly security-focused identity solution."
"Zilla is revolutionizing the identity security market," said Amish Jani, Founder and Partner of FirstMark Capital. "The deep domain expertise the team has in identity management has enabled Zilla to significantly advance how enterprise organizations manage identity security across cloud, hybrid, and on-premises environments."
The new funding comes at a time of strong growth and company momentum. Since its market entry in April 2021, Zilla powers more than fifty enterprise customers enabling them to automate security and compliance with access reviews, access risk remediation, and continuous change tracking. The new capital will be used to accelerate growth, expand product development, and launch new go-to-market channels.
Zilla is an identity security platform that combines identity governance and cloud security. Our SaaS platform is the only service that delivers no-code integration across all environments – SaaS and home-grown applications, cloud platforms, and on-premises systems – to automate access security and compliance and deliver a comprehensive system of record for user, machine, and API identities. To learn more, visit zillasecurity.com.
Founded in 2010 by ex-software operators, Tola Capital is a venture capital firm that believes in the power of software and data to transform the way the world works. Our diverse team provides hands-on engagement to founders who build solutions with the potential for long-term, transformational change. We invest globally across multiple stages and exclusively target companies led by exceptional talent who are building essential software for enterprise customers. For more information, visit https://www.tolacapital.com.
FirstMark is a venture capital firm based in New York City. Our mission is to partner with exceptional entrepreneurs who are changing the world by solving meaningful problems. We build deeply engaged networks that unite leaders across the globe and accelerate the success of founders through high-impact services. We have proudly backed founders of remarkable businesses like Pinterest, Shopify, DraftKings, Riot Games, Frame.io, Ro Health, Dataiku and dozens more. Learn more and become part of our network at firstmarkcap.com.
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SOURCE Zilla Security | https://www.wibw.com/prnewswire/2022/08/31/zilla-security-closes-135-million-series-funding-identity-security-platform/ | 2022-08-31T16:30:27Z |
SAN FRANCISCO, INDIANAPOLIS and SUZHOU, China, June 20, 2022 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high-quality medicines for the treatment of cancer, autoimmune, metabolic, ophthalmology and other major diseases, and Eli Lilly and Company ("Lilly", NYSE: LLY) today announced that the Center for Drug Evaluation (CDE) of China's National Medical Products Administration (NMPA) has approved the supplemental New Drug Application (sNDA) for TYVYT® (sintilimab injection) in combination with cisplatin plus paclitaxel or cisplatin plus 5-fluorouracil chemotherapy for the first-line treatment of unresectable, locally advanced, recurrent or metastatic esophageal squamous cell carcinoma (ESCC).
This is the fifth NMPA-approved indication of TYVYT®. In China, TYVYT® was approved for: the treatment of relapsed or refractory classical Hodgkin's lymphoma in December 2018; the first-line treatment of non-squamous non-small cell lung cancer (NSCLC) in February 2021; and the first-line treatment of squamous NSCLC as well as the first-line treatment of hepatocellular carcinoma in June 2021.
The new approval was based on the interim analysis of ORIENT-15, a global randomized, double-blind, multi-center Phase 3 clinical trial – which evaluated sintilimab in combination with chemotherapy compared to placebo in combination with chemotherapy as first-line therapy for ESCC. Based on the interim analysis conducted by the Independent Data Monitoring Committee (IDMC), sintilimab in combination with chemotherapy demonstrated a statistically significant improvement in the primary endpoint of overall survival (OS) compared to placebo in combination with chemotherapy regardless of PD-L1 expression status, meeting the pre-defined superior efficacy criteria. Safety profile was consistent with that observed in previously reported studies of sintilimab without new or unexpected safety signals. The results of ORIENT-15 were published in British Medical Journal on April 19, 2022[1].
Prof. Shen Lin, Principal Investigator of ORIENT-15 Study, Peking University Cancer Hospital and Institute, stated," Esophageal cancer is one of the most common cancers in China ranking fifth in cancer prevalence and the fourth in mortality cases, with squamous cell carcinoma as most predominant histologic type[2]. In the past, median OS was approximately 10 months for chemotherapy as the first-line standard of care[3]. The results of ORIENT-15 demonstrated that sintilimab plus chemotherapy as the first-line treatment for ESCC significantly improved overall survival (OS) and progression-free survival (PFS) compared to placebo plus chemotherapy, with median OS of 16.7 months(vs. 12.5 months, HR=0.63) and median PFS of 7.2 months(vs. 5.7months,HR=0.56) for sintilimab plus chemotherapy. In addition, the results showed the general applicability of sintilimab with two different chemotherapy regimens[1]. The approval of sintilimab in combination with chemotherapy as a first-line treatment for ESCC is exciting news and will provide an effective and affordable treatment option for patients living with ESCC in China."
Dr. Yongjun Liu, President of Innovent, stated," TYVYT® (sintilimab injection) is the only innovative PD-1 inhibitor with positive Phase 3 studies results as a first-line treatment for five major types of cancer, including the squamous/non-squamous non-small cell lung cancer, liver cancer, gastric cancer and now esophageal cancer. We are encouraged by the results of the ORIENT-15 study, a global multi-center phase 3 trial demonstrating sintilimab as a high quality treatment option with great clinical value for people living with esophageal cancer. Innovent is committed to our mission of developing high-quality biopharmaceuticals that are affordable and contribute to the 'Healthy China 2030' Plan for cancer prevention and treatment."
Dr. Hui Zhou, Senior Vice President of Innovent, stated, "There is a huge unmet clinical need for the first-line treatment of advanced or metastatic ESCC. The results of ORIENT-15 demonstrated that sintilimab can bring significant clinical benefit to the treatment of ESCC. Today, the NMPA of China approval marks another important milestone for sintilimab, and we believe the positive study results will soon translate into superior clinical benefits for ESCC patients. We believe the approval of this new indication will further strengthen the leadership position of TYVYT® (sintilimab injection) and bring hopes to more Chinese cancer patients in broader market."
Mr. Julio Gay-Ger, President and General Manager of Lilly China, stated, "From Hodgkin's lymphoma, lung cancer, liver cancer, and now to esophageal squamous cell carcinoma (ESCC), we are excited to see another indication of TYVYT® (sintilimab injection) approved in China in a short of time, bringing new options to Chinese esophageal cancer patients. With our commitment to oncology, Lilly strives to bring high-quality and affordable innovative drugs to Chinese cancer patients through both independent R&D and local partnerships. TYVYT® (sintilimab injection) sets a great example for our partnership with Innovent, and the new approval will further benefit more Chinese cancer patients."
Dr. Li Wang, Senior Vice President of Lilly China and Head of Lilly China Drug Development and Medical Affairs Center, stated, "The approval of TYVYT® (sintilimab injection) for the first-line indication of esophageal squamous cell carcinoma (ESCC) demonstrated the clinical value of combined immunotherapy in this field. The number of new cases and deaths of esophageal cancer in China accounts for more than half of the world's total[2]. The ORIENT-15 study, starting from the Chinese ESCC population while having a global perspective, achieved promising results of benefiting the entire population, bringing new options and new hope for the treatment of ESCC patients[1]."
About the ORIENT-15 Study
ORIENT-15 is a global randomized, double-blind, multicenter Phase 3 clinical study evaluating sintilimab in combination with chemotherapy (cisplatin plus paclitaxel or 5-fluorouracil [5-FU]), compared to placebo in combination with chemotherapy, for the first-line treatment of unresectable locally advanced, recurrent or metastatic esophageal squamous cell carcinoma (ClinicalTrials.gov, NCT03748134). At the time of interim analysis, a total of 659 eligible patients (of the planned 676 estimated participants) were enrolled and randomly assigned into the experimental group or control group in a 1:1 ratio. The primary endpoints were overall survival (OS) in all randomized patients and OS in PD-L1 positive (defined as CPS ≥10) patients[1].
Based on the interim analysis conducted by the Independent Data Monitoring Committee (IDMC), sintilimab in combination with chemotherapy demonstrated a statistically significant improvement in the primary endpoint of overall survival (OS) compared to placebo in combination with chemotherapy, regardless of PD-L1 expression status, meeting the pre-defined superior efficacy criteria. Safety analyses revealed no new safety signals. The results of ORIENT-15 were published in British Medical Journal on April 19, 2022[1].
About Esophageal Squamous Cell Carcinoma (ESCC)
Esophageal cancer (EC) is one of the most common malignant tumors worldwide that begins in the inner layer (mucosa) of the esophagus, which connects the throat to the stomach. Based on GLOBOCAN 2020 estimates, approximately 600,000 new cases of esophageal cancer are diagnosed and approximately 540,000 deaths result from the disease worldwide each year[4]. Esophageal cancer is the seventh most commonly diagnosed cancer and the sixth leading cause of death from cancer worldwide[4]. More than half of new and fatal cases of esophageal cancer in the world occur in China[2]. In China, it is estimated there were approximately 320,000 new cases of esophageal cancer diagnosed and approximately 300,000 deaths resulting from the disease in 2020[2]. Esophageal cancer is the fifth most commonly diagnosed cancer and the fourth leading cause of death from cancer in China, where it has a five-year survival rate of only 30%[2].
The two main types of esophageal cancer are squamous cell carcinoma (SCC) and adenocarcinoma. In China, SCC is the predominant histologic type, accounting for more than 90% of all esophageal cancer[5]. In the past, first-line standard systemic therapy was chemotherapy based on platinum drugs for unresectable locally advanced, recurrent or metastatic ESCC, which calls for more effective first-line treatment options. Several PD-1 inhibitors have been approved as first-line treatment in combination with chemotherapy[6],[7] .
About Sintilimab
Sintilimab, marketed as TYVYT® (sintilimab injection) in China, is a PD-1 immunoglobulin G4 monoclonal antibodyjointly developed by Innovent and Eli Lilly and Company. Sintilimab is a type of immunoglobulin G4 monoclonal antibody, which binds to PD-1 molecules on the surface of T-cells, blocks the PD-1 / PD-Ligand 1 (PD-L1) pathway, and reactivates T-cells to kill cancer cells[8]. Innovent is currently conducting more than 20 clinical studies of sintilimab to evaluate its safety and efficacy in a wide variety of cancer indications, including more than 10 registrational or pivotal clinical trials.
In China, sintilimab has been approved and included in the National Reimbursement Drug List (NRDL) for four indications, and recently approved for one additional indication including:
- The treatment of relapsed or refractory classic Hodgkin's lymphoma after two lines or later of systemic chemotherapy;
- In combination with pemetrexed and platinum chemotherapy, for the first-line treatment of non-squamous non-small cell lung cancer lacking EGFR or ALK driver mutations;
- In combination with gemcitabine and platinum chemotherapy, for the first-line treatment of squamous non-small cell lung cancer;
- In combination with BYVASDA® (bevacizumab biosimilar injection) for the first-line treatment of unresectable or advanced hepatocellular carcinoma;
- In combination with cisplatin plus paclitaxel or cisplatin plus 5-fluorouracil for the first-line treatment of esophageal squamous cell carcinoma.
Additionally, Innovent currently has two regulatory submissions under review in the China's NMPA for sintilimab:
- In combination with chemotherapy for the first-line treatment of unresectable, locally advanced, recurrent or metastatic gastric or gastroesophageal junction adenocarcinoma;
- In combination with bevacizumab biosimilar and chemotherapy for EGFR-mutated non-squamous NSCLC following EGFR-TKI treatment.
Additionally, two clinical studies of sintilimab have met their primary endpoints:
- Phase 2 study as second-line treatment of esophageal squamous cell carcinoma;
- Phase 3 study as second-line treatment for squamous NSCLC with disease progression following platinum-based chemotherapy.
About Innovent
Inspired by the spirit of "Start with Integrity, Succeed through Action," Innovent's mission is to develop, manufacture and commercialize high-quality biopharmaceutical products that are affordable to ordinary people. Established in 2011, Innovent is committed to developing, manufacturing and commercializing high-quality innovative medicines for the treatment of cancer, autoimmune, metabolic, ophthalmology and other major diseases. On October 31, 2018, Innovent was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code: 01801.HK.
Since its inception, Innovent has developed a fully integrated multi-functional platform which includes R&D, CMC (Chemistry, Manufacturing, and Controls), clinical development and commercialization capabilities. Leveraging the platform, the company has built a robust pipeline of 32 valuable assets in the fields of cancer, metabolic, autoimmune disease and other major therapeutic areas, with 7 products approved for marketing in China – TYVYT® (sintilimab injection), BYVASDA® (bevacizumab biosimilar injection), SULINNO® (adalimumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection) , Pemazyre® (pemigatinib oral inhibitor) and olverembatinib (BCR-ABL TKI) and Cyramza® (ramucirumab), 3 assets under NMPA NDA review, 3 assets in Phase 3 or pivotal clinical trials, and an additional 19 molecules in clinical studies.
Innovent has built an international team with advanced talent in high-end biological drug development and commercialization, including many global experts. The company has also entered into strategic collaborations with Eli Lilly and Company, Adimab, Incyte, MD Anderson Cancer Center, Hanmi and other international partners. Innovent strives to work with many collaborators to help advance China's biopharmaceutical industry, improve drug availability and enhance the quality of the patients' lives. For more information, please visit: www.innoventbio.com. and www.linkedin.com/company/innovent-biologics/.
Note:
Sintilimab is not an approved product in the United States.
BYVASDA® (bevacizumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection), and SULINNO® (adalimumab biosimilar injection) are not approved products in the United States.
TYVYT® (sintilimab injection, Innovent)
BYVASDA® (bevacizumab biosimilar injection, Innovent)
HALPRYZA® (rituximab biosimilar injection, Innovent)
SULINNO® (adalimumab biosimilar injection, Innovent)
Pemazyre® (pemigatinib oral inhibitor, Incyte Corporation). Pemazyre® was discovered by Incyte Corporation and licensed to Innovent for development and commercialization in Mainland China, Hong Kong, Macau and Taiwan.
CYRAMZA® (ramucirumab, Eli Lilly). Cyramza® was discovered by Eli Lilly and licensed to Innovent for commercialization in Mainland China.
About Eli Lilly and Company
Lilly is a global healthcare leader that unites caring with discovery to create medicines to make life better for people around the world.
We were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and today we remain true to that mission in all our work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism. To learn more about Lilly, please visit us at www.lilly.com and http://newsroom.lilly.com/social-channels.
About Eli Lilly and Company's strategic cooperation with Innovent Biologics
Lilly entered into a strategic collaboration with Innovent focused on biological medicine in March 2015 – a groundbreaking partnership between a Chinese pharmaceutical company and a multinational pharmaceutical company. Under the agreement, Lilly and Innovent will co-develop and commercialize oncology medicines, including Tyvyt® (sintilimab injection) in China. In October 2015, the two companies announced the extension of their existing collaboration to include co-development of three additional oncology antibodies targeting oncology indications. In August 2019, Innovent further entered into a licensing agreement with Lilly to develop and commercialize a potentially global best-in-class diabetes medicine in China. Its collaboration with Lilly indicates that Innovent has established a comprehensive level of cooperation between China's innovative pharmaceuticals sector and the international pharmaceuticals sector in fields such as R&D, CMC, clinical development and commercialization. In August 2020,Lilly and Innovent announced a global expansion of their strategic alliance for sintilimab, whereby Lilly obtained an exclusive license for sintilimab for geographies outside of China and plans to pursue registration of sintilimab in the U.S. and other geographies outside of China. In March 2022, Lilly and Innovent deepened the strategic partnership in oncology.
Innovent Biologics, Inc. Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent, are intended to identify certain of such forward-looking statements. The Company does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of the Company with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, the Company's competitive environment and political, economic, legal and social conditions.
The Company, the Directors and the employees of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialise or turn out to be incorrect.
Eli Lilly and Company Forward-Looking Statement
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about sintilimab and reflects Lilly's current beliefs and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there can be no guarantee that future study results will be consistent with study results to date, or that sintilimab will receive additional regulatory approvals or be commercially successful. For further discussion of these and other risks and uncertainties, see Lilly's most recent Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
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SOURCE Innovent Biologics | https://www.kxii.com/prnewswire/2022/06/21/innovent-lilly-jointly-announce-approval-tyvyt-sintilimab-injection-by-china-nmpa-combination-with-chemotherapy-first-line-treatment-esophageal-squamous-cell-carcinoma/ | 2022-06-21T01:40:11Z |
Gerri Willis, Anchor and Correspondent, Fox Business Network Hosted The Event.
Honorees included Laura Shawver, Ph.D., CEO of Silverback Therapeutics, and Founder of The Clearity Foundation and Lt. General (ret) Nadja West, The 44th Army Surgeon General and Former CG, Army Medical Command.
NEW YORK, May 20, 2022 /PRNewswire/ -- After a two-year hiatus, Red Door Community gathered on Wednesday, May 18, 2022 for their annual benefit luncheon, Celebrating Women, Living & Working with Cancer. Former NYC Commissioner of Health, and Senior Fellow for Public Health & Justice, Oxiris Barbot, M.D., was the Keynote Speaker. Held at the Metropolitan Club NYC, Gerri Willis, the well-respected anchor, and correspondent from Fox Business Network and previous keynote speaker hosted the event.
"The Benefit Luncheon is our way of recognizing and celebrating the accomplishments of women who play an important role in improving the lives of others through research, advocacy, and education," notes Red Door Community CEO, Lily Safani. "For the past 15 years, Red Door Community has honored women who work tirelessly to improve the quality of healthcare for women and other minorities, and who advocate for the disparities in healthcare, work, school or at home. We honor these women in recognition of our members we serve."
This year's Red Door Community honorees for Leadership include two powerhouse women for their exemplary leadership qualities and achievements and who recognize the importance of empowering women and breaking barriers in the workforce, Laura Shawver, Ph.D., CEO of Silverback Therapeutics, and Founder of The Clearity Foundation, and Lt. General (ret) Nadja West, The 44th Army Surgeon General and Former CG, Army Medical Command.
Guests in attendance joined in celebrating Red Door Community's commitment to expanding its free cancer support program, both in person and virtually to meet the growing needs of individuals living with cancer, in more ways, and in more places than ever before. Red Door Community member Katie Smith sincerely noted, "Today is particularly special for me as I finally get to sit around a table with my Red Door support group. For most of us, this is the first time we've been able to meet in person... I say this from the depths of my heart that this group of women mean so much to me, and I would not be able to navigate this road without them. Because to me, cancer is just the beginning, and as Red Door says, you should never have to face it alone. And none of us ever will."
Keynote Speaker, Oxiris Barbot, M.D. is an innovative public health leader committed to addressing racial health inequities in urban centers. Uniquely, she served as health commissioner of Baltimore and New York City, bringing high impact innovations to both settings that consistently elevated health equity. Most recently, she led the NYC Health Department through COVID's first wave with an explicit health equity lens, science-based decision-making and drawing on skills in emergency preparedness and response. Prior to that she also navigated NYC's worst measles outbreak in 30 years and led Baltimore in achieving record reductions in racial disparities in infant deaths.
Red Door Community – Formerly Gilda's Club NYC was initially established in memory of Saturday Night Live cast member Gilda Radner, who passed away in 1989 from ovarian Cancer. Founded in 1995 by Gene Wilder, Psychotherapist Joanna Bull, Mandy Patinkin, Joel Siegel, and others, and renamed in 2021, Red Door Community provides a place where cancer patients and their families can find support, resources, and a community that cares so that no one faces cancer alone. Not today. Not tomorrow. Not ever.
Red Door Community is New York City's preeminent nonprofit cancer support organization helping everyone and anyone impacted by cancer. A welcoming place that provides a full complement of FREE cancer support, emotional and educational programs, and healthy lifestyle workshops online and in-person. Because Red Door Community is committed to providing unwavering support at every stage of the cancer experience, so no one faces cancer alone. Our supportive and educational program is an essential complement to cancer care to bring knowledge, hope, and empowerment to cancer patients and their families. https://reddoorcommunity.org/
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SOURCE Red Door Community | https://www.kxii.com/prnewswire/2022/05/20/former-nyc-commissioner-health-oxiris-barbot-md-keynote-speaker-red-door-communitys-celebrating-women-working-living-with-cancer-benefit-luncheon-held-wednesday-may-18/ | 2022-05-20T17:33:32Z |
Leading national building materials distributor announces partnership with two top-ranked golfers
BUFFALO GROVE, Ill., July 13, 2022 /PRNewswire/ -- US LBM, a leading distributor of specialty building materials in the United States, today announced a multi-year sponsorship agreement with sisters Jessica and Nelly Korda who both currently play on the LPGA Tour.
Jessica Korda, currently ranked 14th on the Women's World Golf Rankings, has six career victories on the LPGA Tour and 48 career top 10 finishes, including a top 10 finish at the recent KPMG Women's PGA Championship and second place at the Chevron Championship, her first major of the season. Nelly Korda is currently ranked third on the Women's World Golf Rankings, with seven career victories, including one major last year. She also won the gold medal at the women's individual golf event at the 2020 Summer Olympics in Tokyo.
As part of the partnership, Jessica's shirt collar will prominently feature US LBM's logo and both Jessica and Nelly will participate in several promotional and hospitality events for the company.
"We're very excited to partner with a growing, industry leader in US LBM," Jessica Korda said. "Travelling so much on tour, you really appreciate just how important home is, and it's great to represent a company that provides the essential materials needed to build homes and communities."
"We're proud not only to support US LBM's business, but also their charitable foundation, which helps those in need to own homes and rebuild after catastrophes," said Nelly Korda. "It's really wonderful to join with a conscientious company that gives back."
"We are thrilled to have two amazing champions in Nelly and Jessica join us as brand ambassadors and to root for them on the LPGA Tour," said US LBM President and CEO L.T. Gibson. "The Korda sisters' competitive spirit, mastery of their game and family bond are inspirational and align perfectly with our culture of empowerment, excellence and continuous improvement."
US LBM is the largest privately owned full-line distributor of specialty building materials in the United States. Offering a comprehensive portfolio of specialty products, including windows, doors, millwork, wallboard, roofing, siding, engineered components and cabinetry, US LBM combines the scale and operational advantages of a national platform with a local go-to-market strategy through its national network of locations across the country. For more information, please visit uslbm.com.
Contact:
Timothy Wirth
US LBM Communications
484-886-5705
tim.wirth@uslbm.com
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SOURCE US LBM | https://www.kxii.com/prnewswire/2022/07/13/us-lbm-partners-with-lpga-stars-jessica-nelly-korda/ | 2022-07-13T14:41:13Z |
14th annual list honors a wide-ranging group of individuals across an array of industries
HOUSTON, Aug. 9, 2022 /PRNewswire/ -- Fast Company today announced its 14th annual list of the Most Creative People in Business, which recognizes individuals making a cultural impact via bold achievements that have never been accomplished before in their chosen fields, from entertainment to healthcare to food. These influential and diverse engineers, executives, filmmakers, activists, designers, research scientists, and founders, among others, are leading with creativity during one of the most challenging times in history.
"It's an honor to be recognized not only for our team's scientific efforts to develop and test low cost-effective vaccines for global health, but also for innovation in sustainable financing that goes beyond the traditional pharma business model," said Dr. Peter Hotez, co-director of the Texas Children's Hospital Center for Vaccine Development and professor and dean of the National School of Tropical Medicine at Baylor College of Medicine.
"We appreciate the recognition of our efforts to begin the long road to "decolonize" the vaccine development ecosystem and make it more equitable. We hope that CORBEVAX becomes one of a pipeline of new vaccines developed against many neglected and emerging infections that adversely affect global public health," said Dr. Maria Elena Bottazzi, co-director of the Texas Children's Hospital Center for Vaccine Development and professor and associate dean of the National School of Tropical Medicine at Baylor College of Medicine.
Drs. Hotez, Bottazzi and their team of scientists at Texas Children's Hospital's Center for Vaccine Development are leading one of the most cutting-edge vaccine development centers in the world. For the past two decades it has acquired an international reputation as a non-profit Product Development Partnership (PDP), advancing vaccines for poverty-related neglected tropical diseases (NTDs) and emerging infectious diseases of pandemic importance. One of their most notable achievements is the development of a vaccine technology leading to CORBEVAX, a traditional, recombinant protein-based COVID-19 vaccine.
The technology was created and engineered by Texas Children's Center for Vaccine Development specifically to combat the worldwide problem of vaccine access and availability. Biological E Limited (BE) developed, produced and tested CORBEVAX in India where over 60 million children have been vaccinated so far. The vaccine has also been approved in Botswana. Drs. Hotez and Bottazzi have been nominated for the 2022 Nobel Peace Prize for their research and vaccine development of COREBEVAX. Its low cost, ease of production and distribution, safety, and acceptance make it well suited for addressing global vaccine inequity.
Fast Company editors and writers research candidates for the list throughout the year, scouting every business sector, including technology, medicine, engineering, marketing, entertainment, design, and social good. The individuals honored have all accomplished something truly innovative within the past 12 months or so. Additionally, no one on this list has ever been profiled in the pages of Fast Company before. Together, they represent the future of business.
"Most Creative People represents Fast Company at its best," says Brendan Vaughan, Fast Company's Editor-in-Chief. "These dozens of human stories showcase how creativity is one of the most underrated ways to transform business."
You can see the complete list here.
Introduced in 2009, the Most Creative People list quickly established itself as one of Fast Company's most esteemed franchises. Each year, the magazine's editors present an all-new list of people chosen according to a proprietary methodology.
Fast Company's Most Creative People in Business issue (September 2022) is available online now here and on newsstands beginning August 16. Join the Most Creative People conversation using #FCMostCreative.
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.
Texas Children's Hospital, a not-for-profit health care organization, is committed to creating a healthier future for children and women throughout the global community by leading in patient care, education and research. Consistently ranked as the best children's hospital in Texas, and among the top in the nation, Texas Children's has garnered widespread recognition for its expertise and breakthroughs in pediatric and women's health. The hospital includes the Jan and Dan Duncan Neurological Research Institute; the Feigin Tower for pediatric research; Texas Children's Pavilion for Women, a comprehensive obstetrics/gynecology facility focusing on high-risk births; Texas Children's Hospital West Campus, a community hospital in suburban West Houston; and Texas Children's Hospital The Woodlands, the first hospital devoted to children's care for communities north of Houston. The organization also created Texas Children's HealthPlan, the nation's first HMO for children; has the largest pediatric primary care network in the country, Texas Children's Pediatrics; Texas Children's Urgent Care clinics that specialize in after-hours care tailored specifically for children; and a global health program that's channeling care to children and women all over the world. Texas Children's Global Health program leads efforts that advance health care equity through innovative collaboration in care, education and research for underserved populations globally. Texas Children's Hospital is affiliated with Baylor College of Medicine. For more information, go to www.texaschildrens.org. Get the latest news by visiting the online newsroom and Twitter at twitter.com/texaschildrens.
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SOURCE Texas Children's Hospital | https://www.kxii.com/prnewswire/2022/08/09/dr-peter-hotez-dr-maria-elena-bottazzi-named-two-fast-companys-2022-most-creative-people-business/ | 2022-08-09T14:31:54Z |
BEIJING (AP) — A Chinese cargo spacecraft that serviced the country’s permanent orbiting space station has largely burned up on reentering the atmosphere, amid separate concerns over China’s decision to allow a massive booster rocket to fall to Earth uncontrolled.
Only small parts of the Tianzhou-3 ship survived to fall safely Wednesday into a predetermined area of the South Pacific, the China Manned Space Agency said.
Until July 17, the spacecraft had been docked with the station’s Tianhe core section and its return follows the addition of a laboratory module on Monday as China moves to complete the station in the coming months.
China’s space program is run by the ruling Communist Party’s military wing, the People’s Liberation Army, and has largely proceeded with the space station program without other nations’ assistance. The U.S. excluded China from the International Space Station because of its military ties.
The booster that has drawn attention from the space community was part of the massive 23-ton Long March 5B-Y3 rocket — China’s most powerful — that carried the Wentian module to the station, aboard which three astronauts currently reside.
China decided not to guide the booster back through the atmosphere and it’s not clear exactly when or where it will come down to Earth. While it will largely burn up on return, there remains a slight risk of fragments causing damage or casualties.
While China is not alone in such practices, the size of the Long March rocket stage has drawn particular scrutiny.
China has allowed rocket stages to fall back to Earth on their own at least twice before, and was accused by NASA last year of “failing to meet responsible standards regarding their space debris” after parts of a Chinese rocket landed in the Indian Ocean.
China also drew heavy criticism after using a missile to destroy one of its defunct weather satellites in 2007, creating a massive debris field.
Foreign Ministry spokesperson Zhao Lijian on Wednesday rejected such concerns.
“Since the development stage of the space engineering program, China has taken into consideration the debris mitigation and return from orbit into atmosphere of missions involving rocket carriers and satellite sent into orbit,” Zhao said at a daily briefing Wednesday.
“It is understood that this type of rocket adopts a special technical design that most of the components will be burnt up and destroyed during the reentry process,” Zhao said. “The possibility of causing damage to aviation activities or on the ground is extremely low.” | https://cw33.com/news/science-technology/ap-science/china-spacecraft-returns-amid-booster-rocket-concerns/ | 2022-07-28T08:08:58Z |
COLOMBO, Sri Lanka (AP) — Sri Lanka’s acting president on Monday declared a state of emergency giving him broad authority amid growing protests demanding his resignation two days before the country’s lawmakers are set to elect a new president.
Ranil Wickremesinghe became acting president on Friday after his predecessor, Gotabaya Rajapaksa, fled abroad and resigned after monthslong mass protests over the country’s economic collapse.
Wickremesinghe’s move to impose a state of emergency comes as protests demanding his resignation have continued in most parts of the country, with some burning his effigy.
Wickremesinghe said in a statement that negotiations for a bailout package with the International Monetary Fund were nearing conclusion while discussions for assistance with foreign countries were also progressing. There has been no comment from IMF to Wickremesinghe’s assessment of the bailout talks.
He said that relief was being provided to people and steps taken to resolve shortages of fuel and cooking gas.
However, he said “elements within society” were trying to disrupt peace. He did not specify, but said that disruptions won’t be allowed to hinder the country’s progress.
Wickremesinghe said that peaceful protesters who had legitimate concerns would be engaged with by the government and solutions found for them. He also urged political parties to put aside their differences and form “an all-party government which would allow the country to recover from the economic crisis.”
There was no immediate response from political parties to his latest comments, but they have been working on a unity government.
Lawmakers who met on Saturday began the process of electing a new leader to serve the rest of the term abandoned by Rajapaksa. Nominations for the election of the new president will be heard on Tuesday, and if there is more than one candidate, the lawmakers will vote on Wednesday.
The emergency decree issued by Wickremesinghe invokes sections of the Public Security Ordinance that allow him to make regulations in the interests of public security and order. He can authorize detentions, take possession of any property and search any premises. He can also change or suspend any law.
Sri Lanka has run short of money to pay for imports of basic necessities such as food, fertilizer, medicine and fuel for its 22 million people. Its rapid economic decline has been all the more shocking because prior to the crisis, the economy had been expanding with a growing, comfortable middle class.
Sri Lanka is seeking help from the IMF and other creditors, but top officials say its finances are so poor that even obtaining a bailout has proven difficult.
The economic hardships led to political upheaval and widespread protests demanding the government led by Rajapaksa step down. Although many ministers resigned in April, Rajapaksa had remained in power until last week, when he flew first to the Maldives then to Singapore.
The main protests have occurred in the capital, Colombo, where large crowds occupied the front of the president’s office for more than 100 days.
The protesters accuse Rajapaksa and his powerful political family of siphoning money from government coffers and hastening the country’s collapse by mismanaging the economy. The family has denied the corruption allegations, but Rajapaksa acknowledged that some of his policies contributed to the meltdown. | https://cw33.com/news/international/ap-international/sri-lanka-acting-president-declares-emergency-amid-protests/ | 2022-07-18T18:21:19Z |
WHIPPANY, N.J., April 21, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), today announced that its Board of Supervisors declared a quarterly distribution of $0.325 per Common Unit for the three months ended March 26, 2022. This quarterly distribution rate equates to an annualized rate of $1.30 per Common Unit. The distribution is payable on May 10, 2022 to Common Unitholders of record as of May 3, 2022.
Nominees are hereby notified that there is a withholding requirement at the highest applicable effective tax rates for foreign partners from the cash distribution under Section 1446 of the Internal Revenue Code.
About Suburban Propane Partners, L.P.
Suburban Propane Partners, L.P. ("Suburban Propane") is a publicly traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban Propane has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and an investor in low carbon fuel alternatives, servicing the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 700 locations across 42 states. Suburban Propane is supported by three core pillars: (1) Suburban Commitment – showcasing Suburban Propane's 90+ year legacy, and ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores Suburban Propane's commitment to excellence in customer service; (2) SuburbanCares – highlighting continued dedication to giving back to local communities across Suburban Propane's national footprint and (3) Go Green with Suburban Propane - promoting the clean burning and versatile nature of propane and renewable propane as a bridge to a green energy future and developing the next generation of renewable energy. For additional information on Suburban Propane, please visit www.suburbanpropane.com.
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SOURCE Suburban Propane Partners, L.P. | https://www.wibw.com/prnewswire/2022/04/21/suburban-propane-partners-lp-declares-quarterly-distribution-0325-per-common-unit/ | 2022-04-21T12:53:58Z |
WICHITA FALLS, Texas (KFDX) — Every year on its birthday, the country’s largest chain of convenience stores has celebrated by giving customers a signature frozen drink for free. Now, that day has a new name, though it may be one you’ve heard before.
Officials with 7-Eleven announced that the celebration of its birthday, observed on July 11, will now be referred to as “Slurpee Day”.
Previously titled “7-Eleven Day,” the annual celebration was often referred to as Slurpee Day by customers, according to their website.
Since 2002, 7-Eleven has offered a free small Slurpee drink on 7/11, the date that matches with the name of the franchise, to their customers as a way to thank them for their continued support. You can pick up a free small Slurpee at participating 7-Eleven, Speedway, and Stripes locations.
This year, the convenience store chain celebrates 95 years in business.
7-Eleven was founded as the Southland Ice Company in Dallas, Texas in 1927. They were known as Tote’m Stores between 1928 and 1946.
In 1946, the company changed its operating hours so that stores would be open from 7 a.m. to 11 p.m., seven days a week, leading them to change their name to reflect their new hours, 7-Eleven.
To further celebrate the rebranding of 7-Eleven’s birthday, participating stores will feature a limited-time-only mystery drink flavor called “What the Fanta.”
More deals are available on Slurpee Day for 7Rewards members. | https://cw33.com/news/nexstar-media-wire/slurpee-day-how-to-get-one-of-the-frozen-favorites-for-free/ | 2022-07-11T19:13:20Z |
STOCKHOLM, June 3, 2022 /PRNewswire/ -- RaySearch issues a correction of the press release that was sent out at 4 pm CEST on June 3, 2022. The correction refers to the fact that the date of sale of shares should have been May 31, 2022.
The complete corrected press release:
RaySearch's founder and CEO, Johan Löf, sold 300,000 Class B shares in RaySearch Laboratories (publ) AB on May 31, 2022. Johan Löf remains a long-term shareholder of RaySearch. After the transaction, Johan Löf owns 6,243,084 Class A shares and 13,393 Class B shares, corresponding to 18.3 percent of the total numer of shares and 56.6 percent of the total number of votes in the company.
Johan Löf, founder and CEO, RaySearch, says: "Due to private financial reasons I have decided to sell a small portion of my holding in RaySearch. I remain committed with continued strong confidence in RaySearch's future. We have many exciting opprtunities ahead of us and I look forward to leading and developing RaySearch towards our strategic goals."
The transaction has been reported to The Swedish Financial Supervisory Authority (Finansinspektionen) according to current regulations.
CONTACT:
For more information, please contact:
Johan Löf, founder and CEO, RaySearch Laboratories AB (publ)
Telephone: +46 (0) 8 510 530 00
johan.lof@raysearchlabs.com
Björn Hårdemark, interim CFO, RaySearch Laboratories AB (publ)
Telephone: +46 (0) 709 564 217
bjorn.hardemark@raysearchlabs.com
This information was brought to you by Cision http://news.cision.com
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SOURCE RaySearch Laboratories | https://www.mysuncoast.com/prnewswire/2022/06/03/correction-press-release-wrong-date-earlier-press-release-raysearchs-ceo-sells-shares-remains-long-term-shareholder/ | 2022-06-03T17:40:42Z |
Photography News: FUJIFILM has released the new FUJIFILM X-H2 mirrorless APS-C sensor digital interchangeable lens camera, the FUJIFILM GF 20-35mm f/4 R WR medium format lens for the GFX System, and the FUJIFILM XF 56mm f/1.2 R WR lens for the X-System.
NEW YORK, Sept. 8, 2022 /PRNewswire/ --B&H is excited to announce the FUJIFILM X-H2 mirrorless APS-C sensor digital interchangeable-lens camera, the FUJIFILM GF 20-35mm f/4 R WR medium format lens for the GFX System, and the FUJIFILM XF 56mm f/1.2 R WR lens for the X-System.
The latest FUJIFILM X camera—the X-H2 pushes the envelope and takes the baton from where the very-capable X-H2S handed it off—packing the world's first 40MP APS-C sensor, 8K video, and a first-for-FUJIFILM X sensor shift mode for 160MP images into its modern X-series body.
FUJIFILM XH2 Mirrorless Camera
Key Features
- 40MP APS-C X-Trans5 BSI Sensor
- 7-Stop In-Body Image Stabilization
- 8K 30p, 4K 60p, FHD 240p 10-Bit Video
- 5.76m-Dot OLED Electronic Viewfinder
- 160MP Pixel Shift Multi-Shot
- 20 fps E-Shutter, 15 fps Mech. Shutter
- CFexpress Type B & SD UHS-II Card Slots
- ProRes Raw, Blackmagic Raw via HDMI
- Intelligent Hybrid Autofocus
Like its FUJIFILM X-H2S stablemate, the X-H2 comes with a new X-Trans CMOS 5 HR sensor—but with resolution jumping from 26MP to 40MP. The sensor shift mode—Pixel Shift Multi-Shot for FUJIFILM—has been around a few cameras already but makes its way to FUJIFILM X cameras here, allowing production of huge 160MP files. Speaking of sensor movement, the X-H2 and X-H2S boast incredible 7-stop internal image stabilization (IBIS). Like the XH-1 before it, FUJIFILM X-H cameras have robust video specs, with the X-H2 bringing the ability to record 8K/30P video for 240 minutes with 10-bit 4:2:2 ProRes footage recorded internally via CF Express Type B cards or 12-bit raw footage recorded via the Type A HDMI socket to external recorders. Rounding out these eye-watering specs is a continuous shooting speed of up to 15fps with a mechanical shutter that tops out at 1/8000-second and an electronic shutter that allows up to 20 fps and a blistering 1/180,000-second.
The new XF 56mm f/1.2 R WR lens succeeds its popular predecessor in many important ways that will appeal to professionals and enthusiasts alike. With a 35mm equivalent focal length of 85mm (a traditional portrait focal length), the new WR designation on this 56mm lens indicates that this lens has been sealed against weather and dust. A fluorine-coated front element repels water and fingerprints. The new 13-element/8-group optical design incorporates two aspherical elements and a single ED element to minimize chromatic aberrations and coma. The eight elements in the focus group feature high-refractive technology previously found in legendary FUJINON cinema lenses. With an f/1.2 maximum aperture, bokeh quality is of chief importance. To ensure beautiful, clean edge rendering of out-of-focus highlights, this XF 56mm is the first FUJIFILM X-mount lens to receive an 11-blade aperture diaphragm—creating an almost perfectly circular aperture at even f/4 or f/5.6. Minimum focus distance has been shorted to 19.7"—giving the ability capture even more intimate portraits.
Key Features
- FUJIFILM G Mount
- 16-28mm (35mm Equivalent)
- Aperture Range: f/4 to f/22
- Three Aspherical Elements
- 14 Elements in 10 Groups
- Internal Focusing
- Fluorine-Coated Front Element
- Dust- and Weather-Sealed Construction
The new ultra-wide-angle GF 20-35mm f/4 R WR is a lens for the medium format FUJIFILM GFX system. This compact lens (no larger than a full-frame camera lens) is the GFX System's widest-ever optic (prime or zoom) with a full-frame equivalent field of view of 16-28mm and a constant f/4 maximum aperture. Like the other lenses in the GFX System, this new zoom lens is designed to provide spectacular results for landscape, architecture, and travelling photographers looking to capture expansive scenes. Optically, the Fuji GF 20-35mm f/4 R WR lens features 14 elements in 10 groups and includes 3 aspherical, 1 ED aspherical, and 3 ED elements to keep the view free of distortion and aberrations. The lens wears FUJIFILM's Nano GI coating for precise reduction of unwanted flare and ghosting. The lens's stepping autofocus motor is nearly silent and is the lens is designed to minimize focus breathing. Minimum focus distance is 13.8".
Learn More about Fuji XH2 Camera and lenses at B&H Explora
Fuji XH2 Camera First Look
https://youtu.be/So20MBqvFgg
FujiFilm GF 20-35mm f/4 R Lens First Look
https://youtu.be/tTcFZsTUlsU
About B&H Photo Video
As the world's largest source of photography, video, and audio equipment, as well as computers, drones, and home and portable entertainment, B&H is known worldwide for its attentive, knowledgeable sales force and excellent customer service, including fast, reliable shipping. B&H has been satisfying customers worldwide for over 48 years.
Visitors to the website can access a variety of educational videos and enlightening articles. The B&H YouTube Channel has an unmatched wealth of educational content. Our entertaining and informative videos feature product overviews from our in-house specialists. You can view the B&H Event Space presentations from many of the world's foremost experts and interviews with some of technology's most dynamic personalities. Tap into this exciting resource by subscribing to the B&H YouTube Channel here. In addition to videos, the B&H Explora blog presents new product announcements, gear reviews, helpful guides, and tech news written by product experts and industry professionals, as well as our award-winning podcasts.
Contact Information
Henry Posner
B&H Photo Video
212-615-8820
https://www.bhphotovideo.com/
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SOURCE B&H Photo | https://www.mysuncoast.com/prnewswire/2022/09/08/fujifilm-x-h2-new-high-resolution-mirrorless-camera-with-xf-gfx-lenses-more-info-bamph/ | 2022-09-08T19:46:19Z |
MCLEAN, Va., Aug. 9, 2022 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AAIC) (the "Company" or "Arlington") today reported financial results for the quarter ended June 30, 2022.
Second Quarter 2022 Financial Highlights
- $6.30 per common share of book value
- $0.01 per diluted common share of GAAP net loss attributable to common shareholders
- $0.05 per diluted common share of non-GAAP earnings available for distribution (formerly referred to as core operating income)
- $0.09 per common share of book value accretion from the repurchase of 3.2% of the outstanding shares of common stock
- 1.6 to 1 "at risk" leverage ratio
"Arlington's successful transition from a primarily levered agency MBS strategy to one focused on multiple high return, non-commodity investment channels in mortgage servicing rights ("MSRs"), single-family residential ("SFR") rental properties and select credit investments continued to produce positive results during the second quarter, including a positive economic return for the fourth consecutive quarter.
"The execution of this strategy has enabled the Company to consistently grow book value per share during periods of volatile market conditions while traditional mortgage REITs experienced losses. Over the last twelve months, the Company delivered a 6.1% economic return while its mortgage REIT peers have experienced a negative 10.5% economic return," said J. Rock Tonkel, Jr., the Company's President and Chief Executive Officer.
"The Company's differentiated investment strategy has performed well during both positive and negative market conditions and is positioned to continue to do so. With our largest investment capital allocation in our MSR strategy, the Company's financial results benefited from another strong quarterly performance in our MSR investment portfolio that generated a total annualized return of 41% during the second quarter.
"Within the Company's credit investment strategy, widening of credit spreads has created compelling new investment opportunities in high quality assets. Late in the second quarter, the Company made several investments in highly rated senior commercial mortgage bonds that offer double digit levered returns and is actively evaluating similar investment opportunities.
"As of today, the Company has essentially reached its stated goal of $200 million of SFR rental properties with a total committed investment of $197 million and a strong expected net unlevered rental yield of 4.8%. The Company previously announced that it had entered into an agreement to sell a portion of its SFR portfolio with an expected closing date later this month at a significant gain that would be expected to add approximately $0.50 per share to our second quarter book value if consummated. Assuming the sale is completed, we have the ability to grow our SFR investment portfolio back to approximately $200 million, subject to market conditions, to fully realize the benefit of our below market fixed rate five-year financing facility. However, we will take a disciplined approach in purchasing new homes in the near term as the residential housing market evolves in the current environment.
"We continue to believe there is greater value in Arlington's business than the public markets recognize. Since reinstituting our current common stock repurchase program in 2020, the Company has aggressively returned capital to shareholders by purchasing 25% of its outstanding shares, delivering $0.75 per share of accretion to shareholders.
"Having successfully positioned Arlington to preserve capital and grow book value per share, the Company now has the opportunity to capitalize on substantially wider investment spreads with superior risk adjusted returns in the low to mid-teens in high grade residential and commercial mortgage securitized products. We expect that the redeployment of capital into these higher return investments will drive greater earnings potential which can be used to increase our equity capital, return capital to shareholders through accretive stock repurchases or reinstate a dividend to common shareholders."
Second Quarter Investment Portfolio
As of June 30, 2022, the Company's investment portfolio capital allocation was as follows (dollars in thousands):
MSR Related Investments
The Company is party to agreements with a licensed, U.S. government sponsored enterprise ("GSE") approved residential mortgage loan servicer that enable the Company to garner the economic return of an investment in an MSR purchased by the mortgage servicing counterparty. The arrangement allows the Company to participate in the economic benefits of investing in an MSR without holding the requisite licenses to purchase or hold MSRs directly. Under the terms of the arrangement, the Company provides capital to the mortgage servicing counterparty to purchase MSRs directly and the Company, in turn, receives all the economic benefits of the MSRs less a fee payable to the counterparty. At the Company's request, the mortgage servicing counterparty may utilize leverage on the MSRs to which the Company's MSR financing receivables are referenced to finance the purchase of additional MSRs to increase potential returns to the Company. These transactions are accounted for as financing receivables on the Company's consolidated financial statements.
The Company's MSR financing receivable investments as of June 30, 2022 are summarized in the tables below (dollars in thousands):
As of June 30, 2022, the mortgage servicing counterparty had drawn $60.9 million of financing under its credit facility collateralized by the MSRs to which the Company's MSR financing receivables are referenced, resulting in an implicit leverage ratio of 0.51 to 1. The weighted average yield on the Company's MSR financing receivables was 15.28% for the second quarter of 2022 compared to 12.49% for the first quarter of 2022, and the actual weighted-average constant prepayment rate ("CPR") for the MSRs underlying the Company's MSR financing receivables was 8.10% for the second quarter of 2022 compared to 8.71% for the first quarter of 2022.
Single-family Residential Investments
As of June 30, 2022, the Company had acquired 586 single family residential ("SFR") properties for a total cost of $182.8 million and had commitments to acquire an additional 25 SFR properties for an aggregate purchase price of $9.0 million. The timing of the earnings benefit to the Company from investing in SFR rental properties is dictated by the pace of home purchases, the level of any property level refurbishments required after purchase and the length of the lease marketing period. The Company expects the time period between the date of settlement of the home purchase to the date the house is occupied by a tenant to average between 30 to 60 days. During the period prior to a lease commencement, the Company is incurring costs to hold the property including real estate taxes, insurance, homeowner association fees and interest costs.
On May 10, 2022, the Company entered into a purchase and sale agreement to sell 378 SFR properties for $132.8 million with an original closing date no later than June 23, 2022. Pursuant to the purchase and sale agreement, the buyer made a $2.655 million initial deposit with an escrow agent. On May 27, 2022, the Company entered into an amendment to the purchase and sale agreement to remove two properties from the sale transaction reducing the total properties to be sold to 376 SFR properties for $131.9 million. On June 20, 2022, the Company entered into an additional amendment to the purchase and sale agreement that required the buyer to fund an additional $2.655 million deposit with the escrow agent for a total deposit of $5.31 million to extend the closing date to no later than August 19, 2022. During the second quarter of 2022, the Company classified the 376 SFR properties as held-for-sale.
As of June 30, 2022, the Company's SFR portfolio is summarized in the tables below (dollars in thousands):
As of June 30, 2022, the Company had drawn $123.0 million under its $150 million credit facility. Advances may be drawn up to 74% of the fair value of eligible SFR properties with an advance period that expires in March 2023 with outstanding principal balance due in October 2026. Advances under the facility bear interest at a fixed rate of 2.76%.
Credit Investments
The Company's credit investments generally include mortgage loans secured by residential or commercial real property or MBS collateralized by residential or commercial mortgage loans or residential solar panel loans ("non-agency" MBS or ABS). As of June 30, 2022, the Company's credit investment portfolio at fair value was comprised of the following (dollars in thousands):
As of June 30, 2022, the Company had $84.8 million in repurchase agreements outstanding with a weighted average rate of 2.81% and remaining weighted average maturity of 17 days secured by $99.9 million of non-agency MBS at fair value. As of June 30, 2022, the Company had a $20.6 million repurchase agreement outstanding with a rate of 3.77% and remaining maturity of 260 days secured by a $29.5 million commercial mortgage loan at fair value.
Agency MBS
The Company's agency MBS consist of residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a GSE, such as the Federal National Mortgage Association ("Fannie Mae") or the Federal Home Loan Mortgage Corporation ("Freddie Mac"). As of June 30, 2022, the Company's agency MBS investment portfolio totaled $235.8 million at fair value comprised of $382.4 million of specified agency MBS and $(146.6) million of net short to-be-announced ("TBA") agency MBS. As of June 30, 2022, the Company's specified agency MBS investment portfolio was comprised of the following (dollars in thousands):
The Company's weighted average yield on its specified agency MBS was 2.95% for the second quarter of 2022 compared to 1.52% for the first quarter of 2022, and the actual weighted-average CPR for the Company's specified agency MBS was 8.40% for the second quarter of 2022 compared to 9.01% for the first quarter of 2022.
As of June 30, 2022, the Company's net short TBA agency MBS investment portfolio was comprised of the following (dollars in thousands):
As of June 30, 2022, the Company had $224.6 million of repurchase agreements outstanding with a weighted average rate of 1.48% and remaining weighted average maturity of 14 days secured by an aggregate of $237.4 million of agency MBS at fair value. The Company's weighted average cost of repurchase agreement funding secured by agency MBS was 0.80% during the second quarter of 2022 compared to 0.17% during the first quarter of 2022.
The Company enters into various hedging transactions to mitigate the interest rate sensitivity of its cost borrowing and the value of its fixed-rate agency MBS. Under the terms of the Company's interest rate swap agreements, the Company pays semiannual interest payments based on a fixed rate and receives variable interest payments based upon either the prevailing three-month London Interbank Offered Rate ("LIBOR") or Secured Overnight Financing Rate ("SOFR"). As of June 30, 2022, the Company's interest swap agreements were comprised of the following (dollars in thousands):
The Company's weighted average net pay rate of its interest rate swap agreements was 0.53% during the second quarter of 2022 compared to 0.68% during the first quarter of 2022. Under GAAP, the Company has not designated these transactions as hedging instruments for financial reporting purposes and, therefore, all gains and losses on its hedging instruments are recorded to line item "investment and derivative gains (losses), net" in the Company's financial statements.
Other Second Quarter 2022 Financial Highlights
The Company's book value was $6.30 per common share as of June 30, 2022 compared to $6.19 per common share as of March 31, 2022. Book value per common share is calculated as total equity plus accumulated depreciation of SFR properties less the preferred stock liquidation preference divided by common shares outstanding plus vested restricted stock units convertible into common stock less unvested restricted common stock.
The Company's "at risk" leverage ratio was 1.6 to 1 as of June 30, 2022 compared to 1.3 to 1 as of March 31, 2022. The Company's "at risk" leverage ratio is calculated as the sum of the Company's repurchase agreement financing, long-term debt secured by single-family properties, net payable or receivable for unsettled securities, net contractual price of TBA purchase and sale commitments and financing embedded in its MSR financing receivables less cash and cash equivalents compared to the Company's investable capital measured as the sum of the Company's shareholders' equity and long-term unsecured debt.
During the second quarter of 2022, the Company repurchased 0.9 million shares of its common stock at an average price of $3.40 per share for a total purchase cost of $3.2 million, representing 3.2% of common stock outstanding as of March 31, 2022. Subsequent to June 30, 2022, the Company repurchased an additional 0.3 million shares of its common stock at an average price of $3.18 per share for a total purchase cost of $1.0 million, representing 1.1% of common stock outstanding as of June 30, 2022. Currently, the Company has remaining authorization from its Board of Directors to repurchase up to 10.7 million shares of its common stock. In addition, during the second quarter of 2022, the Company repurchased 0.1 million shares of Series C Preferred Stock at an average price of $24.17 per share for a total purchase cost of $1.7 million.
Conference Call
The Company will hold a conference call for investors at 10:00 A.M. Eastern Time on Wednesday, August 10, 2022 to discuss the Company's second quarter 2022 results.
Investors may listen to the earnings call via the internet at: http://www.arlingtonasset.com/index.php?s=19. Replays of the earnings call will be available for 60 days via webcast at the Internet address provided above, beginning two hours after the call ends.
Additional Information
The Company will make available additional quarterly information for the benefit of its shareholders through a supplemental presentation that will be available at the Company's website, www.arlingtonasset.com. The presentation will be available on the Webcasts and Presentations section located under the Updates & Events tab of the Company's website.
About the Company
Arlington Asset Investment Corp. (NYSE: AAIC) currently invests primarily in mortgage related and residential real estate and has elected to be taxed as a REIT. The Company is headquartered in the Washington, D.C. metropolitan area. For more information, please visit www.arlingtonasset.com.
Statements concerning interest rates, portfolio allocation, financing costs, portfolio hedging, prepayments, dividends, book value, utilization of loss carryforwards, any change in long-term tax structures (including any REIT election), use of equity raise proceeds and any other guidance on present or future periods constitute forward-looking statements that are subject to a number of factors, risks and uncertainties that might cause actual results to differ materially from stated expectations or current circumstances. These factors include, but are not limited to, the uncertainty and economic impact of the ongoing coronavirus (COVID-19) pandemic and the measures taken by the government to address it, including the impact on our business, financial condition, liquidity and results of operations due to a significant decrease in economic activity and disruptions in our financing operations, among other factors, changes in interest rates, increased costs of borrowing, decreased interest spreads, credit risks underlying the Company's assets, especially related to the Company's mortgage credit investments, our ability to close on the sale of single-family residential homes described herein, and to realize the expected benefits from such sale, changes in political and monetary policies, changes in default rates, changes in prepayment rates and other assumptions underlying our estimates related to our projections of future core earnings, changes in the Company's returns, changes in the use of the Company's tax benefits, the Company's ability to qualify and maintain qualification as a REIT, changes in the agency MBS asset yield, changes in the Company's monetization of net operating loss carryforwards, changes in the Company's investment strategy, changes in the Company's ability to generate cash earnings and dividends, preservation and utilization of the Company's net operating loss and net capital loss carryforwards, impacts of changes to and changes by Fannie Mae and Freddie Mac, actions taken by the U.S. Federal Reserve, the Federal Housing Finance Agency and the U.S. Treasury, availability of opportunities that meet or exceed the Company's risk adjusted return expectations, ability and willingness to make future dividends, ability to generate sufficient cash through retained earnings to satisfy capital needs, and general economic, political, regulatory and market conditions. These and other material risks are described in the Company's most recent Annual Report on Form 10-K and any other documents filed by the Company with the SEC from time to time, which are available from the Company and from the SEC, and you should read and understand these risks when evaluating any forward-looking statement. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect the Company. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Financial data to follow
Non-GAAP Earnings Available for Distribution
In addition to the results of operations determined in accordance with GAAP, we also report a non-GAAP financial measure "earnings available for distribution" (formerly core operating income). We define earnings available for distribution as net income available to common stock determined in accordance with GAAP adjusted for the following items:
- Plus (less) realized and unrealized losses (gains) on investments and derivatives;
- Plus (less) income tax provision (benefit) for TRS realized and unrealized gains and losses on investments and derivatives
- Plus TBA dollar roll income
- Plus (less) interest rate swap net interest income (expense)
- Plus depreciation of single-family residential properties
- Plus stock-based compensation
Realized and unrealized gains and losses recognized with respect to our mortgage related investments and economic hedging instruments, which are reported in line item "investment and derivative gain (loss), net" of our consolidated statements of comprehensive income, other than TBA dollar roll income and interest rate swap net interest income or expense, are excluded from the computation of earnings available for distribution as such gains on losses are not reflective of the economic interest income earned or interest expense incurred from our interest-bearing financial assets and liabilities during the indicated reporting period. Because our long-term-focused investment strategy for our mortgage related investment portfolio is to generate a net spread on the leveraged assets while prudently hedging periodic changes in the fair value of those assets attributable to changes in benchmark interest rates, we generally expect the fluctuations in the fair value of our mortgage related investments and economic hedging instruments to largely offset one another over time. In addition, certain of our investments are held by our TRS which is subject to U.S. federal and state corporate income taxes. In calculating earnings available for distribution, any income tax provision or benefit associated with gains or losses on our mortgage related investments and economic hedging instruments are also excluded from earnings available for distribution.
TBA dollar roll income represents the economic equivalent of net interest income (implied interest income net of financing costs) generated from our investments in non-specified fixed-rate agency MBS, executed through sequential series of forward-settling purchase and sale transactions that are settled on a net basis (known as "dollar roll" transactions). Dollar roll income is generated as a result of delaying, or "rolling," the settlement of a forward-settling purchase of a TBA agency MBS by entering into an offsetting "spot" sale with the same counterparty prior to the settlement date, net settling the "paired-off" positions in cash, and contemporaneously entering another forward-settling purchase with the same counterparty of a TBA agency MBS of the same essential characteristics for a later settlement date at a price discount relative to the spot sale. The price discount of the forward-settling purchase relative to the contemporaneously executed spot sale reflects compensation for the interest income (inclusive of expected prepayments) that, at the time of sale, is expected to be foregone as a result of relinquishing beneficial ownership of the MBS from the settlement date of the spot sale until the settlement date of the forward purchase, net of implied repurchase financing costs. We calculate dollar roll income as the excess of the spot sale price over the forward-settling purchase price and recognize this amount ratably over the period beginning on the settlement date of the sale and ending on the settlement date of the forward purchase. In our consolidated statements of comprehensive income prepared in accordance with GAAP, TBA agency MBS dollar roll income is reported as a component of the overall periodic change in the fair value of TBA forward commitments within the line item "investment and derivative gain (loss), net."
We utilize interest rate swap agreements to economically hedge a portion of our exposure to variability in future interest cash flows, attributable to changes in benchmark interest rates, associated with future roll-overs of our short-term repurchase agreement financing arrangements. Accordingly, the net interest income earned or expense incurred (commonly referred to as "net interest carry") from our interest rate swap agreements in combination with repurchase agreement interest expense recognized in accordance with GAAP represents our effective "economic interest expense." In our consolidated statements of comprehensive income prepared in accordance with GAAP, the net interest income earned or expense incurred from interest rate swap agreements is reported as a component of the overall periodic change in the fair value of derivative instruments within the line item "investment and derivative gain (loss), net."
The following table provides a reconciliation of GAAP net income (loss) available (attributable) to common stock for the last four fiscal quarters (unaudited, dollars in thousands):
Earnings available for distribution is used by management to evaluate the financial performance of our long-term-focused, net interest spread-based investment strategy and core business activities over periods of time as well as assist with the determination of the appropriate level of periodic dividends to common stockholders. In addition, we believe that earnings available for distribution assists investors in understanding and evaluating the financial performance of our long-term-focused, net interest spread-based investment strategy and core business activities over periods of time as well as its earnings capacity.
A limitation of utilizing this non-GAAP financial measure is that the effect of accounting for all events or transactions in accordance with GAAP does, in fact, reflect the financial results of our business and these effects should not be ignored when evaluating and analyzing our financial results. In addition, our calculation of earnings available for distribution may not be comparable to other similarly titled measures of other companies. Therefore, we believe that earnings available for distribution should be considered as a supplement to, and in conjunction with, net income and comprehensive income determined in accordance with GAAP. Furthermore, there may be differences between earnings available for distribution and taxable income determined in accordance with the Internal Revenue Code. As a REIT, we are required to distribute at least 90% of our REIT taxable income (subject to certain adjustments) to qualify as a REIT and all of our taxable income in order to not be subject to any U.S. federal or state corporate income taxes. Accordingly, earnings available for distribution may not equal our distribution requirements as a REIT.
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SOURCE Arlington Asset Investment Corp. | https://www.wibw.com/prnewswire/2022/08/09/arlington-asset-investment-corp-reports-second-quarter-2022-financial-results/ | 2022-08-09T21:59:34Z |
Indiva Launches Pearls by Grön Gummies and Remains the National Market Share Leader in the Edibles Category
LONDON, ON, Aug. 16, 2022 /PRNewswire/ - Indiva Limited (the "Company" or "Indiva") (TSXV: NDVA) (OTCQX: NDVAF), the leading Canadian producer of cannabis edibles and other cannabis products, is pleased to announce its financial and operating results for the second fiscal quarter ended June 30, 2022. All figures are reported in Canadian dollars ($), unless otherwise indicated. Indiva's financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). For a more comprehensive overview of the corporate and financial highlights presented in this news release, please refer to Indiva's Management's Discussion and Analysis of Financial Condition and Results of Operations for the Three and Six Months Ended June 30, 2022, and the Company's Condensed Consolidated Interim Financial Statements for the Three and Six Months Ended June 30, 2022 and 2021, to be filed on SEDAR and made available on the Company's website, www.indiva.com.
"We are very pleased to report record net revenue and gross profit on a year-to-date basis, and expect to see further revenue growth in the second half of 2022, driven by the introduction of more than 25 new SKUs across Canada," said Niel Marotta, President and Chief Executive Officer of Indiva. "The second quarter was extremely busy operationally, as we began manufacturing new products, including our first commercial batches of Pearls gummies, which were delivered to the OCS subsequent to quarter end. We expect to ship Pearls, and many other new products, to additional provinces in the coming weeks. We are pleased to see improvement in gross margins in the quarter, however as per our June 27, 2022, press release, delays in new product deliveries and lack of provincial delivery appointments in certain provinces in late June caused approximately $1 million of sales to slip into Q3 2022, resulting in declining net revenue on a year-over-year basis. We are very excited for the launch of Pearls by Grön, Indiva Life cookies, lozenges and chocolates, and Dime Vapes. The feedback from key accounts, provincial wholesalers and budtenders across the country has been very positive, and we look forward to continuing to delight of-age Canadian cannabis enthusiasts with the quality and innovation that Indiva products are known for."
- Gross revenue in Q2 2022 was $8.9 million, representing an 8.3% sequential decrease from Q1 2022, and a 9.9% decrease year-over-year from Q2 2021. Year-to-date, gross revenue increased 11.0% year over year to a record $18.6 million.
- Net revenue in Q2 2022 was $8.1 million, representing an 8.5% sequential decrease from Q1 2022, and a 9.7% decrease year-over-year from Q2 2021, due to difficult comparisons versus the introduction of Wana Quick in Q2 2021, and delays in provincial deliveries of new and existing products, causing revenue to slip into the third quarter. Revenue continues to be driven primarily by higher sales of category leading edibles including Wana Sour Gummies and Bhang Chocolate. Year-to-date, net revenue increased 12.1% year over year to a record $17.0 million.
- Net revenue from edible products in the quarter was $7.2 million, down 14.8% from $8.5 million in Q1 2022 and down 13.9% from $8.4 million in the prior year period. Edible product sales represent 89.1% of net revenue in Q2 2022. Year-to-date net revenue from edible products increased 13.0% year-over-year to a record $15.7 million or 92.6% of net revenue.
- Gross profit before fair value adjustments, impairments and one-time items declined year-over-year, but increased sequentially, to $2.7 million, or 33.1% of net revenue, versus 29.6% in Q1 2022 and 30.1% in Q2 2021. The improvement in gross margin was due to lower material costs on certain inputs, improved production efficiencies and lower returns and impairments to inventory, offset by lower revenues and lower overhead absorption on goods sold in the quarter. Year-to-date, gross profit before fair value adjustments, impairments and one-time items increased to a record $5.3 million, or 31.3% of net revenue, versus $4.2 million or 27.6% of net revenue in the corresponding period last year.
- In Q2 2022, Indiva sold products containing 44.2 million milligrams of distillate, the active ingredient in edible products, which represents a 19% decrease when compared to the 54.5 million milligrams in products sold in Q1 2022, and a 16% decrease compared to 52.5 million milligrams sold in Q2 2021.
- Impairment charges in the quarter totaled $0.52 million. This impairment includes a write off of aged finished goods and bulk cannabis flower, and to a lesser extent, certain packaging for obsolete products, offset by a recovery on oil-based products. The Company will continue to work to monetize any impaired inventory which remains saleable. The Company expects lower inventory impairments going forward as most of the bulk flower inventory originating from terminated contract manufacturing has either been sold or written down.
- Operating expenses in the quarter decreased 0.4% sequentially, representing 42.9% of net revenue, versus 39.4% in Q1 2022 and 34.4% in Q2 2021. Operating expenses declined due to lower general and administrative costs, which were down 18.8% year-over-year and down 6.1% sequentially, offset by higher marketing costs and sales commissions. Year-to-date, operating expenses increased by 31.2% to $7.0 million due entirely to higher marketing costs and sales commissions.
- Adjusted EBITDA improved sequentially in Q2 2022 to a loss of $0.15 million, versus a loss of $0.38 million in Q1 2022, and declined versus a profit of $0.49 million in Q2 2021, due to lower revenue and higher marketing expenses, offset by lower cost of goods. Year-to-date, adjusted EBITDA was a loss of $0.53 million versus a loss of $0.01 million in the corresponding period last year. See "Non-IFRS Measures" below.
- Comprehensive net loss of $2.5 million included one-time expenses and non-cash charges for impairment of inventory and property, plant and equipment totaling $0.5 million. Excluding these charges, comprehensive loss declined to $2.0 million versus an adjusted loss of $2.02 million in Q1 2022 and $0.72 million in Q2 2021.
- Dime Industries ("Dime"): Indiva signed an exclusive licensing and manufacturing agreement with Dime. The agreement has a five year term which automatically renews for three additional five year terms. Indiva intends to launch Dime's proprietary and innovative vape products, including disposable vapes, 510-thread carts and custom batteries beginning in Q3 2022, marking Indiva's first entrance into the vape category.
- Awards: Artisan Batch was awarded Best in Grow from Cannabis NB for best Indica flower, namely Sour Glue, produced by Purplefarm Genetics.
- Indiva launched additional SKUs including Artisan Batch Mimosa Live Rosin. Wana Passion Fruit, Wana Lemon Iced Tea, and Wana Quick Rise and Shine Clementine, with CBG.
- Indiva introduced its new consumer brand Indiva Life at the 2022 Lift&Co conference. The initial cannabis products to be launched under the Indiva Life brand will include edibles and extracts. All of the Indiva Life SKUs are now actively being ordered by provincial wholesalers.
- Indiva was awarded 25 additional SKU listings by the Ontario Cannabis Store (OCS), including five SKUs which will participate in the "Flow-Through" program. These additional listings bring Indiva's OCS listings to a total of 60 SKUs, up from the current level of 35 SKUs. The newly accepted SKUs are across six brands: Indiva Life (including lozenges, cookies and chocolates), Artisan Batch, Pearls by Grön, including three SKUs in addition to the initial four Pearls SKUs delivered in July, Pips by Grön, Dime Vapes and Bhang Chocolate. All SKUs are expected to launch in Ontario in October 2022, with deliveries to additional provinces beginning in September 2022.
- Indiva completed an agreement with Kronic Relief, of Toronto, Ontario, to bring its premium craft flower to market under the Artisan Batch brand. The OCS has accepted this cultivar, and 3.5 gram jars of Kronic Relief flower are expected to hit shelves in Ontario in Q4 2022.
- Indiva shipped its initial deliveries of Pearls by Grön to the OCS. The company expects the product to be available for sell-in to Ontario licensed retailers as of August 23rd.
- Data from Hifyre Inc. for the second quarter of 2022 shows strong sell-through of Indiva edible products. With 31.6% share of sales, Indiva continues to lead in the #1 market share position in the edibles category:
The Company identified an error in the calculation of excise taxes related to additional duty charged by certain provinces and determined an adjustment is required to excise taxes payable on sales for the period of January 1, 2020 to March 31, 2022. As a result, prior years amounts on the consolidated statements of loss and comprehensive loss with respect to excise taxes, cost of sales, and marketing and sales were corrected to reflect the corrected excise tax payable on sales in those periods, as well as royalty and sales commissions which are recoverable as a result of decreased net revenues for those prior period sales. Management assessed the materiality of the correction described above on prior period financial statements and concluded that these corrections were not material to any prior annual or interim periods. Accordingly, amounts related to the three and six ended June 30, 2021, and as at June 30, 2021, and December 31, 2021, have been re-presented after correction of such immaterial adjustments solely for comparability purposes.
- The Company expects Q3 2022 and 2H 2022 net revenue to be higher sequentially and year-over-year driven primarily by new product introduction including Pearls gummies, Dime Industries vape products, as well as new Indiva Life branded products, resulting from in-house innovation, namely Double-Stuffed Vanilla Cookies and Double Stuffed Fudge Cookies, as well as Wild Cherry THC Lozenges and Lemon THC Lozenges.
- Margins are expected to benefit in the second half of 2022 due to the implementation of automation in the production and packaging of edible products. The Company expects to deliver on its commitments for existing or new listings of products, despite some delays in receiving equipment due to global COVID-19-related lockdowns.
Government and private entities are still assessing the present and future effects of the COVID-19 pandemic. Indiva has continued to operate with enhanced health and safety protocols in place to protect its employees. The Company continues to assess the customer, supply chain, and staffing implications of COVID-19 and is committed to making continuous adjustments to minimize disruption and impact. Indiva will remain proactive in its response to the pandemic and compliant with any and all provincial and/or federal policy enacted to protect Canadians.
The Company will host a conference call to discuss its results on Tuesday, August 16, 2022 at 8:30 a.m. (EST). Interested participants can join by dialing 416-764-8658 or 1-888-886-7786. The conference ID number is 34309929.
A recording of the conference call will be available for replay following the call. To access the recording please dial 416-764-8691 or 1-877-674-6060. The replay ID is 309929#. The recording will remain available until Friday, September 16, 2022.
Indiva sets the standard for quality and innovation in cannabis. As a Canadian licensed producer, Indiva produces and distributes award-winning cannabis products nationally, including Bhang® Chocolate, Wana™ Sour Gummies, Jewels Chewable Tablets, Grön edibles, Dime IndustriesTM vape products, as well as capsules, edibles, extracts, pre-rolls and premium flower under the INDIVA, Indiva Life and Artisan Batch brands. Click here to connect with Indiva on LinkedIn, Instagram, Twitter and Facebook, and here to find more information on the Company and its products.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in any way passed upon the merits of the contents of this news release and neither of the foregoing entities accepts responsibility for the adequacy or accuracy of this news release or has in any way approved or disapproved of the contents of this news release.
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the parties' current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this news release contains forward-looking information relating to, among other things, (i) the Company's outlook for and expected operating margins and future financial results, (ii) the projected growth of its business and operations (including existing and new segments thereof), and the future business activities of, and developments related to, the Company within such segments after the date of this news release, including the anticipated introduction of new product offerings (iii) the Company's ability to capture and/or maintain its market share in any jurisdiction, and (iv) the Company's ability to deliver on its commitments for existing or new listings of products. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company, and include, without limitation, assumptions about the Company's future business objectives, goals, and capabilities, the cannabis market, the regulatory framework applicable to the Company and its operations, and the Company's financial resources. Although the Company believes that the assumptions underlying, and the expectations reflected in, forward-looking statements in this news release are reasonable, it can give no assurance that such expectations will prove to have been correct. A number of factors could cause actual events, performance or results to differ materially from what is projected in the forward-looking statements. Specifically, readers are cautioned that forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, as applicable, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including, but not limited to, risks and uncertainties related to: (i) the available funds of the Company and the anticipated use of such funds, (ii) the availability of financing opportunities, (iii) legal and regulatory risks inherent in the cannabis industry, (iv) risks associated with economic conditions, (v) dependence on management, (vi) public opinion and perception of the cannabis industry, (vii) risks related to contracts with third-party service providers, (viii) risks related to the enforceability of contracts, (ix) reliance on the expertise and judgment of senior management of the Company, and ability to retain such senior management, * risks related to proprietary intellectual property and potential infringement by third-parties, (xi) risks relating to the management of growth and/or increasing competition in the industry, (xii) risks associated to cannabis products manufactured for human consumption, including potential product recalls, (xiii) risks related to the economy generally, and (xiv) risk of litigation.
The forward-looking information contained in this news release is made as of the date hereof and the Company is not obligated to, and does not undertake to, update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions inherent in forward-looking information, investors should not place undue reliance on forward looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
This news release contains future-oriented financial information and financial outlook information (collectively, "FOFI") about the Company's prospective results of operations, which are subject to the same assumptions, risk factors, limitations, and qualifications as set out in the above paragraph. FOFI contained in this news release was approved by management as of the date of this news release and was provided for the purpose of providing further information about the Company's future business operations. The Company disclaims any intention or obligation to update or revise any FOFI contained in this news release, whether as a result of new information, future events or otherwise, unless required pursuant to applicable law. Readers are cautioned that the FOFI contained in this document should not be used for purposes other than for which it is disclosed herein.
This news release makes reference to certain non-IFRS measures. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS, and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS.
The non-IFRS measure used in this news release includes "Adjusted EBITDA". The Company calculates Adjusted EBITDA as a sum of net revenue, other income, cost of inventory sold, production salaries and wages, production supplies and expense, general and administrative expense, and sales and marketing expense, as determined by management. Adjusted license fee eliminates 50% of the fee which is equivalent to the Company's share of the joint venture company to which the license fee is paid. Adjusted EBITDA is provided to assist readers in determining the ability of the Company to generate cash from operations and to cover financial charges. Management believes that Adjusted EBITDA provides useful information to investors as it is an important indicator of an issuer's ability to generate liquidity through cash flow from operating activities and equity accounted investees. Adjusted EBITDA is also used by investors and analysts for assessing financial performance and for the purpose of valuing an issuer, including calculating financial and leverage ratios. The most directly comparable financial measure that is disclosed in the financial statements of the Company to which the Non-IFRS measure relates is income (loss) from operations.
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SOURCE Indiva Limited | https://www.wibw.com/prnewswire/2022/08/16/indiva-reports-second-quarter-2022-results/ | 2022-08-16T11:39:58Z |
US levels new sanctions after North Korea missile launches
WASHINGTON (AP) — The U.S. targeted two Russian banks Friday as part of new sanctions over alleged support for North Korea and its nuclear and ballistic missile programs.
The sanctions come after what the U.S. says were three new ballistic missile launches by North Korea on Tuesday, including one intercontinental ballistic missile.
The launches happened after President Joe Biden ended an Asian trip in which he stressed Washington’s commitment to defending allies from the North’s nuclear threat.
The U.S. says this week’s launches brought North Korea’s total for this year to 23, as the isolated country pushes to develop and expand the range of its nuclear and missile programs.
Friday’s sanctions targets include two Russian banks, Far Eastern and Sputnik, that the U.S. says do business with U.S.-sanctioned North Korean entities. Bank Sputnik also helped North Korea arrange payments for the use of Russian satellite services, the Treasury Department said in announcing the sanctions.
The new sanctions also target a Belarus-based North Korea man who the United States says was helping generate funding for the missile launches, and a trading company.
On Thursday, China and Russia vetoed a U.N. Security Council resolution sponsored by the United States that would have imposed tough new sanctions on North Korea for its spate of intercontinental ballistic missile launches that can be used to deliver nuclear weapons.
Thursday’s vote represented the first serious division among the five veto-wielding permanent members of the U.N.’s most powerful body on a North Korea sanctions resolution.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/27/us-levels-new-sanctions-after-north-korea-missile-launches/ | 2022-05-27T16:42:23Z |
Nearly all mirikizumab-treated patients who achieved clinical remission at one year were not taking steroids
INDIANAPOLIS, May 24, 2022 /PRNewswire/ -- In Eli Lilly and Company's (NYSE:LLY) pivotal, Phase 3 LUCENT-2 study, patients with ulcerative colitis (UC) who responded to mirikizumab at 12 weeks achieved and maintained statistically superior and clinically meaningful improvements at one year compared to placebo across the primary endpoint of clinical remission and all key secondary endpoints, including bowel urgency severity, using a novel, patient-reported outcome measure. Late-breaking results are being presented today at Digestive Disease Week (DDW). If approved, mirikizumab would become the first and only anti-IL23p19 treatment for people with UC.
"Ulcerative colitis can significantly impact a patient's quality of life, including fecal incontinence due to bowel movement urgency that may even result in individuals wearing diapers. Patients often spend years trying different treatments, including steroids and TNF inhibitors, hoping to achieve remission, reduce inflammation and get relief from painful, disruptive and sometimes embarrassing symptoms," said Marla C. Dubinsky, M.D., Professor of Pediatrics and Medicine, Co-director of the Susan and Leonard Feinstein IBD Clinical Center, Chief of the Division of Pediatric Gastroenterology and Nutrition at the Icahn School of Medicine at Mount Sinai. "I'm encouraged by what the LUCENT-2 findings could mean for patients with UC, as one-half of mirikizumab patients achieved clinical remission and 98 percent of those patients were also not taking steroids. Additionally, 40 percent of mirikizumab patients achieved resolution or near resolution of their distressing symptom of bowel urgency."
Mirikizumab was superior to placebo on clinical, symptomatic, endoscopic and histologic endpoints regardless of previous failure to TNF inhibitors, tofacitinib or other biologics. Among patients who had responded to 12-week induction treatment with mirikizumab, one-half of patients receiving mirikizumab maintenance treatment (49.9%, n=182/365) achieved clinical remission at one year compared to one-fourth of patients on placebo (25.1%, n=45/179, p<0.001). Nearly two-thirds of patients receiving mirikizumab who achieved clinical remission at 12 weeks maintained clinical remission at one year (63.6%, n=91/143) compared to one-third of patients on placebo (36.9%, n=24/65, p<0.001). Nearly all patients receiving mirikizumab who achieved clinical remission at one year were not taking corticosteroids for at least three months prior to the end of maintenance treatment (97.8%, n=178/182).
A patient-centric, 11-point scale developed by Lilly was used to assess changes in bowel urgency severity. Among patients who achieved clinical response in the 12-week induction study and who had a baseline urgency severity of 3 or greater, more than two in five patients on mirikizumab (42.9%, n=144/336) achieved resolution or near resolution of bowel urgency severity at one year compared to one in four on placebo (25%, n=43/172, p<0.001). Among patients who achieved clinical response in the 12-week induction study, patients receiving mirikizumab had a statistically significant average reduction in bowel urgency severity of 3.80 (3.53 to 4.07) at one year, compared to 2.74 (2.35 to 3.14) points for patients on placebo (p<0.001).
Patients receiving mirikizumab in the LUCENT-2 study reported a lower frequency of serious adverse events compared to placebo (mirikizumab: 3.3%, n=13/389; placebo: 7.8%, n=15/192) and were less likely to discontinue the study due to adverse events (mirikizumab: 1.5%, n=6/389; placebo: 8.3%, n=16/192). The overall safety profile was consistent with previous mirikizumab studies in UC and consistent with that of other anti-IL23p19 antibodies in other therapeutic areas.
"We're thrilled to share patients with UC receiving mirikizumab achieved long-term clinical remission, improvement in hard-to-treat symptoms like bowel urgency, and remission of acute inflammation in the colon," said Lotus Mallbris, M.D., Ph.D., vice president of global immunology development and medical affairs at Lilly. "These results are particularly meaningful for patients whose TNF inhibitors, tofacitinib or other biologic therapies have failed them. Lilly leads the way in studying patient-centric outcomes like bowel urgency. We look forward to regulatory decisions next year."
In the first quarter of 2022, Lilly submitted a Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) and a Marketing Authorization Application (MAA) in the European Union for approval of mirikizumab in UC. Regulatory decisions in the U.S., E.U. and other countries around the world are expected in 2023.
To learn more about inflammatory bowel disease, click HERE.
About Mirikizumab
Mirikizumab is a humanized IgG4 monoclonal antibody that binds to the p19 subunit of interleukin 23. Mirikizumab is being studied for the treatment of immune-mediated diseases, including ulcerative colitis and Crohn's disease.
About The LUCENT-2 Study
LUCENT-2 (NCT03524092) is a multicenter, randomized, double-blind, placebo-controlled, Phase 3 maintenance study in patients with moderately-to-severely active ulcerative colitis who have previously failed conventional and/or biologic therapies and/or JAK inhibitors and required additional treatment to manage their disease, and who have also completed the 12-week induction study (LUCENT-1). For LUCENT-2, the primary analysis was based on patients who had responded to mirikizumab induction treatment in LUCENT-1 and were re-randomized to receive mirikizumab subcutaneously or placebo for an additional 40 weeks.
Patients who responded to mirikizumab in the 12-week induction study (LUCENT-1) and randomized into LUCENT-2 were on average 42.7 years old and had lived with UC for approximately 6.8 years since first experiencing symptoms at an average age of 36.1 years. Approximately 58.5% (n=318/544) of patients were male. Three out of five patients (62.7%, n=341/544) had severe intestinal mucosal inflammation, as measured by a Mayo endoscopic subscore of 3. 35.3% (n=192/544) had previously failed one or more biologics or tofacitinib, and 37.3% (n=203/544) had baseline corticosteroid use.
Clinical remission, the primary endpoint of the LUCENT-2 clinical trial, is achieved when inflammation of the colon is controlled or resolved, leading to normalization or near-normalization of symptoms such as stool frequency and bleeding, and is defined by a stool frequency (SF) score = 0, or 1 with a ≥1-point decrease from baseline, a rectal bleeding (RB) score = 0, and endoscopy score (ES) = 0 or 1, excluding friability, which is the propensity for tissue that covers the inside of the colon (also known as colonic mucosa) to be damaged or bleed because of contact with an endoscope or biopsy instrument.
Clinical response is measured by the decrease in the modified Mayo score of ≥2 points and ≥30% decrease from baseline (BL) and decrease of ≥1 point in the RB subscore from baseline or a RB score of 0 or 1.
Rather than using a binary scale to measure the presence or absence of bowel urgency, Lilly developed the bowel urgency numeric rating scale (NRS), a patient-centric 11-point scale (0 – 10) to assess change in bowel urgency severity from baseline in order to better understand UC patients' experiences living with bowel urgency. Using this measure, patients receiving mirikizumab achieved clinically meaningful reduction in bowel urgency severity at one year compared to placebo.
About the LUCENT Clinical Trial Program
The LUCENT Phase 3 clinical development program for mirikizumab began in 2018 and includes LUCENT-1, LUCENT-2 and LUCENT-3. LUCENT-2 is a multicenter, randomized, double-blind, placebo-controlled maintenance study of mirikizumab in patients who have completed the 12-week induction study (LUCENT-1). Patients in LUCENT-1 who achieved clinical response with mirikizumab induction therapy were re-randomized to receive mirikizumab or placebo subcutaneously for an additional 40 weeks in the LUCENT-2 study. LUCENT-3 (NCT03519945) is an open label extension study for eligible patients who have participated in mirikizumab UC trials. Additional data from the Phase 3 LUCENT program, the first Phase 3 study of an anti-IL23p19 antibody in UC, will be disclosed at upcoming congresses and in publications in 2022.
About Lilly
Lilly unites caring with discovery to create medicines that make life better for people around the world. We've been pioneering life-changing discoveries for nearly 150 years, and today our medicines help more than 47 million people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges, redefining diabetes care, treating obesity and curtailing its most devastating long-term effects, advancing the fight against Alzheimer's disease, providing solutions to some of the most debilitating immune system disorders, and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/newsroom or follow us on Facebook, Instagram, Twitter and LinkedIn.
* Disclosure: Dr. Dubinsky has provided paid consulting and advisory services to Eli Lilly and Company and participates on the steering committee for the mirikizumab program.
P-LLY
Lilly Forward-Looking Statement
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about mirikizumab as a potential treatment for people with ulcerative colitis and other diseases and the timeline for future readouts, presentations, regulatory action and other milestones relating to mirikizumab and its clinical trials, and reflects Lilly's current beliefs and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there is no guarantee that planned or ongoing studies will be completed as planned, that future study results will be consistent with study results to date, that mirikizumab will prove to be a safe and effective treatment for ulcerative colitis and other diseases, that mirikizumab will receive regulatory approval, or that Lilly will execute its strategy as expected. For further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
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SOURCE Eli Lilly and Company | https://www.mysuncoast.com/prnewswire/2022/05/24/fifty-percent-patients-with-ulcerative-colitis-treated-with-mirikizumab-achieved-clinical-remission-one-year-lillys-pivotal-phase-3-study/ | 2022-05-24T08:06:20Z |
Jimmy Kimmel & Cousin Sal To Co-Produce Original Videos With Omaha Productions
LOS ANGELES, Sept. 16, 2022 /PRNewswire/ -- Omaha Productions today announced that "Cousin Sal" Iacono and Mush Media are partnering with the Omaha Audio Network presented By Caesars Sportsbook.
All seven Mush Media shows, including Cousin Sal's popular Against All Odds and Extra Points podcasts, will now be part of Omaha's original podcast lineup. Omaha will also produce full length video versions of each podcast for ESPN's YouTube channel.
As part of the collaboration, Mush and Omaha will also team up with Jimmy Kimmel to write and produce original videos and other programming that will be distributed across Omaha Productions' social channels.
"I'm very excited to join the Omaha family. Over the years I've won so much money betting on Peyton and Eli I feel like I should be paying them. But since the contract is already signed, I think we're good," said Mush Media Co-Founder Cousin Sal.
"Cousin Sal has been making sports fans laugh for two decades. He's built a great reputation by delivering fans content in a fun and authentic way," said Omaha Productions Founder Peyton Manning. "Having the opportunity to team up with him and Jimmy to create original audio and video is an exciting next step as we continue to build Omaha."
"The expansion of the Omaha Audio Network has been impressive," said Sharon Otterman, Chief Marketing Officer at Caesars Digital. "Cousin Sal is a great addition to an already strong lineup. As presenting sponsor, we at Caesars Sportsbook look forward to continued collaboration with Omaha to bring more unique content and unforgettable events to life."
"We are looking forward to this newest collaboration with Omaha Audio," said ESPN Vice President of Digital Production Mike Foss. "Adding Cousin Sal's podcasts will further broaden our sports betting content across multiple platforms providing even more options for our passionate fanbase in that space."
Minus Three with Dave Dameshek; Covered in Glory with Toby Mergler and Brett Koremenos; Waiver Wired with Eddie Spaghetti and Jen Piacenti; Megan Fun of Sports with Megan Gailey and Megan Connolly; Lemon Pepper Parlay with Will Blackmon and Martin Weiss; and The Degenerate Trifecta of Harry, Brother Bri and Darren "The Parlay Kid" will also be part of the network.
Omaha Productions' expansion into audio was announced jointly with Caesars Entertainment and ESPN in June, resulting in the launch of a series of shows with signature hosts including Vince Carter, Cameron Heyward, Greg McElroy, and Katie Mox. Earlier this month, Kyle Brandt and Mina Kimes joined The Omaha Audio Network ahead of the NFL season.
All new Mush podcasts will be presented by Caesars Sportsbook and live in the ESPN Podcast library, which already features more than 35 original shows and is available on all podcast distribution platforms. Caesars Sportsbook is presenting sponsor of the Omaha Audio network supplying all odds and gaming data for podcasts and digital content on the network. In addition, Caesars and Omaha will continue to create live events unique to members of Caesars' best-in-class loyalty program, Caesars Rewards, and most recently announced the Caesars Sportsbook & Casino Truck Tour visiting tentpole sporting events across the United States.
Omaha Productions is an entertainment company launched by Peyton Manning following his retirement from the NFL. Omaha focuses on developing content that champions hard work, encourages the pursuit of passion, and celebrates community. Omaha Productions executive produces ESPN's Emmy-award winning Monday Night Football with Peyton and Eli along with alternative telecasts for college football, golf, and the UFC. The company also serves as executive producer on NFL Honors and ESPN+'s PLACES franchise featuring series from Peyton Manning, Eli Manning, Abby Wambach, Vince Carter, David Ortiz, Ronda Rousey, Sue Bird, P.K. Subban, and John McEnroe. The company also has series at A+E Networks, NBCUniversal, and Netflix.
ESPN Audio launched its first podcast in 2005 and is a leader in the sports genre with more than 35 original offerings, plus shows from ESPN Radio and television. Offerings focus on sports passions, storytelling (30 for 30 and ESPN Daily) and compelling personalities (including The Right Time with Bomani Jones, That's What She Said with Sarah Spain and Jalen & Jacoby). ESPN's podcasts are available wherever you download your podcasts and on ESPN.com.
Co-founded by America's favorite gambler – "Cousin Sal" Iacono – Mush Media develops multimedia content focusing on sports, betting, comedy and pop culture. The Extra Points Podcast Network currently features seven popular shows, including the long-running hit Against All Odds. Additionally, the Extra Points website, which features daily picks and free-to-play contests with the ability to compete against all of the network's various personalities provides a home for all your sports wagering needs. The company was created in the midst of the 2020 global pandemic, proving once and for all that no one likes to gamble more than Cousin Sal.
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SOURCE Omaha Productions | https://www.kxii.com/prnewswire/2022/09/16/cousin-sal-amp-mush-media-partner-with-peyton-mannings-omaha-productions/ | 2022-09-16T22:54:50Z |
Marshall calls for end to political grandstanding as inflation continues to spike
TOPEKA, Kan. (WIBW) - Senator Roger Marshall has called for an end to political grandstanding as inflation increased more than 8% since 2021.
U.S. Senator Roger Marshall (R-Kan.) says the U.S. Department of Labor has announced the Consumer Price Index increased 8.3% in just one year. He said working Americans continue to get less out of their hard-earned paychecks due to inflation.
“Our country is facing the worst price increases in the last 40 years, and now the average cost of a gallon of gas is at its highest ever recorded price. The Democrats’ political grandstanding does nothing to help hard-working Americans whose wages are failing to keep up with inflation,” Sen. Marshall said.
Marshall said the following prices are up from 2021:
- Gasoline - up 43.6%
- Used Cars - up 22.7%
- Meat, Fish, Eggs - up 14.3%
- New Cars - up 13.2%
- Electricity - up 11%
- Food at Home - up 10.8%
- Transportation - up 8.5%
- Food Away from Home - up 7.2%
Before the COVID-19 Pandemic, Marshall said the economy had been “the greatest economy in my lifetime” and credited lower taxes, lower regulations and lower energy prices. He called on President Joe Biden to “unleash American energy independence.”
For more information about what inflation means for Americans at the pump, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/11/marshall-calls-end-political-grandstanding-inflation-continues-spike/ | 2022-05-11T17:03:02Z |
DELAWARE, Ohio, June 7, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today that its Board of Directors has declared quarterly cash dividends of $0.46 per share on its Class A Common Stock, and $0.69 per share on its Class B Common Stock.
The dividends are payable on July 1, 2022, to stockholders of record at the close of business on June 17, 2022.
About Greif, Inc.
Greif is a global leader in industrial packaging products and services and is pursuing its vision: be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.
Contact:
Matt Leahy
740-549-6158
matthew.leahy@greif.com
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SOURCE Greif, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/07/greif-inc-declares-second-quarter-2022-dividends/ | 2022-06-07T17:49:03Z |
FORT WORTH (KDAF) — A baby elephant at the Fort Worth Zoo has made his pick for who he thinks will be the 2022 PBR World Champion.
Just days before the 2022 Professional Bull Riders World Champion is named, the organization reached out to the guidance of Brazos, a baby Asian elephant at the zoo.
Who did ‘Brazos The Magnificent’ choose? None other than Jose Vitor Leme! The organization showed this grueling decision process which you can watch here.
Brazos had to choose from the following people:
- Daylon Swearingen
- Joao Ricardo Vieira
- Kaique Pacheco
- Jose Vitor Leme | https://cw33.com/news/heres-who-this-fort-worth-zoo-elephant-thinks-will-be-the-2022-pbr-world-champion/ | 2022-05-19T16:53:58Z |
WIBW alum recounts Highland Park crime scene after shooting
TOPEKA, Kan. (WIBW) -Doug Cummings, who also used to work in law enforcement wanted to collect video of the aftermath.
On Wednesday, he describes what he saw and what he wants people to take from this.
“We always say it can happen anywhere, and now it has,” he said.
The Annual Highland Park, IL 4th of July Parade returned from a three year Covid absence and ended in a massacre.
Cummings lives just minutes away from where it all happened.
“When I got there, the first thing I saw were chairs standing still or overturned, I saw blankets that have been left behind, I saw lots of children’s toys and strollers turned over, and the one thing that I saw was one sandal sitting in the middle of the street where someone had run right out of their sandals. Of course, there was the blood, and when you see a pool of blood like that in a place you go for lunch and you know your neighbors have been shot at, and some of them have died,” he said.
Cummings said while he was there, he heard stories from different perspectives
“I talked to a doctor that was there and he talked about some of the people he had treated, I talked to a woman who was walking up on it when the shooting started and she was unable to stand when I was talking to her. I talked to a man who was a VFW member, so he knew from being in the service what that sound was able to tell the difference from fireworks to gunshots.”
When Cummings worked in media, he went to several crime scenes including the 1999 Columbine mass shooting, but says this was different.
“This was was eerie because it was a street I have gone down many times, I’ve had lunch, dinner and ice cream and that street and there were two things that struck me, the silence and the sound of just the ambulances in the background.”
He describes his town as beautiful, quiet, and not a place you thought a deadly shooting would occur.
But he warns, don’t think it can’t happen near you.
“People who have gone to a 4th of July parade in Highland Park or anywhere else need to start thinking about well, “maybe I need to plan a little more in advance when we go so I know the layout,so i’m not surprised”. Because even if you live in a town and you don’t go to the downtown area all the time, you may not know where you would go in an emergency like this.”
Cummings currently works in security.
He says, where ever you go, always be cautious, and avoid wearing headphones and being invested in your phone. Instead, pay attention to what’s going on around you.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/07/wibw-alum-recounts-highland-park-crime-scene-after-shooting/ | 2022-07-07T02:45:12Z |
EMERYVILLE, Calif., Aug. 1, 2022 /PRNewswire/ -- Berkeley Lights, Inc. (Nasdaq: BLI), a leader in digital cell biology, today announced that Rolando Brawer, Ph.D. has been named executive vice president, Strategy & Corporate Development, effective immediately.
In this newly created role, Dr. Brawer will lead Berkeley Lights' strategy and corporate development functions and support the Company's growth strategy through identification, assessment and execution of potential mergers, acquisitions, investments, licensing agreements, joint ventures and more.
"We are thrilled to welcome Rolando to the Berkeley Lights team as we broaden our bench of executive talent," said Siddhartha Kadia, Ph.D., chief executive officer of Berkeley Lights. "Rolando is a highly respected leader in the life sciences industry who brings more than two decades of corporate development experience and a diverse skillset to this important role. His extensive life sciences knowledge and track record of driving tangible results will be invaluable as we build a growing and profitable business. I am confident Rolando will make significant contributions to our ongoing success as we continue to execute our growth strategy and create shareholder value."
Dr. Brawer is an accomplished corporate development executive with robust scientific expertise, having most recently served as vice president, Science & Technology, Alliances & Ventures at Danaher Corporation. In this role, he built a corporate function dedicated to co-founding companies with external inventors, providing capital and expertise to originate early-stage ventures in the life sciences field. Prior to Danaher Corporation, Dr. Brawer held several positions at life sciences companies including as vice president, Corporate Development, at Exact Sciences Corporate Development and Genomic Health. Dr. Brawer's experience also includes leading Thermo Fisher Scientific's global strategy for out-licensing and commercial supply for the company's Life Science Solutions Group. He was responsible for more than $300 million of annual worldwide licensing revenue, growing 10-15 percent annually. Dr. Brawer started his corporate development career at Invitrogen/Life Technologies.
"I am excited to join such an innovative company and management team at a critical time," said Dr. Brawer. "Under Siddhartha's leadership, Berkeley Lights is executing a plan that has positioned it well for the future while also laying the foundation to generate valuable agreements and partnerships through the Company's cutting-edge technology. I look forward to working alongside the Berkeley Lights team to continue the company's growth trajectory, generate revenue growth and cultivate a strong sense of collaboration across teams while delivering significant value to our shareholders."
Dr. Brawer earned a B.S. and M.S. in Molecular Biology and Biotechnology from the University of Buenos Aires, Ph.D. in Molecular Microbiology from the University of Buenos Aires -Medical School, and MBA from the University of Florida.
Berkeley Lights is a leading digital cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products for our customers. The Berkeley Lights Platform captures deep phenotypic, functional, and genotypic information for thousands of single cells in parallel and can also deliver the live biology customers desire in the form of the best cells. Our platform is a fully integrated, end-to-end solution, comprising proprietary consumables, including our OptoSelect™ chips and reagent kits, advanced automation systems, and application software. We developed the Berkeley Lights Platform to provide the most advanced environment for rapid functional characterization of single cells at scale, the goal of which is to establish an industry standard for our customers throughout their cell-based product value chain.
Berkeley Lights' Beacon® and Lightning® systems Land Culture Station™ instrument are FOR RESEARCH USE ONLY. Not for use in diagnostic procedures.
To the extent that statements contained in this press release are not descriptions of historical facts regarding Berkeley Lights or its products, they are forward-looking statements reflecting the current beliefs and expectations of management. Such forward-looking statements involve substantial known and unknown risks and uncertainties that relate to future events, and actual results and product performance could differ significantly from those expressed or implied by the forward-looking statements. Berkeley Lights undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties relating to the Company's growth and continual evolution see the statements in the "Risk Factors" sections, and elsewhere, in our filings with the U.S. Securities and Exchange Commission.
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SOURCE Berkeley Lights, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/01/berkeley-lights-announces-appointment-dr-rolando-brawer-executive-vice-president-strategy-amp-corporate-development/ | 2022-08-01T14:00:09Z |
Trump weighs another run as GOP rivals eye own campaigns
NASHVILLE (AP) — As religious conservatives gathered this week at a sprawling resort near the Grand Ole Opry House, Nikki Haley pressed the Faith and Freedom Coalition’s “Road to Majority” crowd to look to the future.
“It’s up to us to deliver a new birth of patriotism,” said Haley, the former South Carolina governor who was ambassador to the United Nations under President Donald Trump. “And together with you, and with trust in God, I pledge to answer that call and inspire our country once again.”
Such comments are typical of a party that’s out of power and in search of its next leader. But what’s unusual: The party’s last leader is plotting his own comeback.
Trump is showing up on the same stage Friday, his first public appearance since the House committee investigating the Jan. 6 insurrection began to lay bare his desperate attempts to remain in power by challenging American democracy. But, at least for now, the harrowing footage and searing testimony in the panel’s hearings, including accounts from Trump’s close associates and members of his family, appear to have done little to dampen his interest in another campaign.
Indeed, Trump is actively weighing when he might formally launch a third presidential run, according to people familiar with the discussions. The debate, according to aides and allies who insist Trump has yet to make a final decision, centers on whether to announce a campaign in the coming months or, in accordance with tradition, wait until after the November midterm elections.
Trump has spent the past year and a half holding rallies, delivering speeches and using his endorsements to exact revenge and further shape the party in his image. But some say the former president, who has decamped from his Florida Mar-a-Lago club to Bedminster, New Jersey, for the summer, is also growing impatient.
While he has relished his role as a party kingmaker — with candidates all but begging his endorsement and racking up large tabs at fundraisers in his ballrooms — Trump also misses the days when he was actually king, particularly as he watches Democratic President Joe Biden struggling with low approval ratings and soaring inflation.
“I think a lot of Trump’s future plans are directly based on Biden, and I think the more Biden continues to stumble on the world stage and on the domestic stage, people forget about the downside, the dark side of Trump’s presidency,” said Bryan Lanza, a GOP strategist and former Trump campaign official.
An announcement in the near future could complicate efforts by other ambitious Republicans to mount campaigns. Haley, for instance, has said she wouldn’t run against Trump.
But there also are concerns that a near-term announcement could hurt Republicans going into the final stretch of a midterm congressional campaign that appears increasingly favorable to the party. A Trump candidacy could unite otherwise despondent Democratic voters, reviving the energy that lifted the party in the 2018 and 2020 campaigns.
And, regardless of his decision, the aura of inevitability that Trump sought to create from the moment he left the White House has been punctured. Some Republicans and their aides have tried to make clear in recent months that a Trump candidacy would have little influence on their own decisions.
They include Trump’s vice president, Mike Pence, who has been hailed by the Jan. 6 committee as someone who put the national interest ahead of his own political considerations. Eyeing a White House bid, Pence is maintaining a brisk political schedule focused on drawing attention to Democratic vulnerabilities.
Others including Texas Sen. Ted Cruz and former New Jersey Gov. Chris Christie have also indicated their decisions do not rest on Trump’s. And they and others have become increasingly brazen in their willingness to cross the former president, including endorsing candidates running against his and even campaigning with Georgia’s Republican Gov. Brian Kemp, who survived Trump’s efforts to defeat him in the state’s GOP primary last month.
Some of these could-be candidates, including Trump’s former Secretary of State Mike Pompeo, Florida Sen. Rick Scott and South Carolina Sen. Tim Scott, were appearing alongside the former president as he headlines the Faith and Freedom Coalition’s gathering in Nashville.
The field could include a long list of others, including Rep. Liz Cheney, the lead Republican on the Jan. 6 panel, and Maryland Gov. Larry Hogan — both Trump critics. Florida Gov. Ron DeSantis, meanwhile, is seen by many loyal Trump supporters as the future of his movement.
Indeed, many of those attending the conference in Nashville — the resort is near the Opry House, where the longtime “Grand Ole Opry” country music radio show is broadcast — weren’t sold on a third Trump run.
“I don’t know. The jury’s still out with me,” said Jonathan Goodwin, a minister who works as a Faith and Freedom organizer in South Carolina. “I like him, but I think he shot himself in the foot too many times.”
While Goodwin said he “definitely” had his own concerns about the 2020 election, he said he didn’t support how Trump had handled the situation. “I think he should have bowed out gracefully,” he said, “whether it was rigged or not.”
Illinois conservative Pam Roehl, who arrived at the conference Friday wearing a red Trump baseball cap and “Trump 2020″ necklace, said she still supports the former president, but was increasingly finding herself in the minority among like-minded friends, whom she said had moved on, discarding their bumper stickers, and embracing DeSantis.
“They’re like kind of, ‘Get with the program. Why aren’t you backing DeSantis?’” she said.
Though it’s increasingly clear that Trump wouldn’t march to the GOP nomination unchallenged, a large field of candidates could still work to his advantage. The dynamic is beginning to resemble the 2016 campaign, when Trump faced a large and unwieldy group of candidates that split the anti-Trump vote.
In a crowded field, even if Trump only captures around 30% of GOP primary voters — as his endorsed candidates have in several races — he would sail to the Republican nomination.
Aides say Trump has been peppering those around him for their thoughts.
Some in his orbit, like former campaign adviser Jason Miller, have urged Trump to jump in sooner rather than later, to get a head start on building out a campaign, try to freeze out competition and keep attention on himself.
An early strategy would also allow Trump to cast his mounting legal vulnerabilities as merely political attacks. An Atlanta district attorney has impaneled a special grand jury to probe his meddling in the 2020 presidential election. And in New York, Trump and two of his children have agreed to sit for depositions next month in the state attorney general’s civil investigation into his business practices.
Others are urging Trump to wait until after the midterms, so he can run on Republicans’ November victories. They note that his frequent teasing of his plans — Trump often muses he’ll “do it again” — earns him applause and media attention and warn that formally declaring his candidacy would trigger campaign finance laws that set limits on how much donors can give. It also would change his relationship with his Save America PAC, which has more than $100 million in the bank — more than both national party organizations combined — and currently funds his campaign travel.
Either way, many voters say, he will need to win them over.
Jake Thomson, 19, who goes to school in Alabama and will be a first-time presidential voter in 2024, said he thought Trump was a great president, but was also interested in alternatives.
“It just kind of depends on how things play out,” he said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/17/trump-weighs-another-run-gop-rivals-eye-own-campaigns/ | 2022-06-17T16:57:09Z |
Which Hempz lotions are best?
The USA-made brand Hempz has kept skin and hair quenched and hydrated since 1998. With the key ingredient, hemp seed, used in every product, Hempz products are largely designed to rejuvenate and add moisture to dry skin or hair. This brand is an excellent choice for dry skin types and anybody searching out a new favorite skin care product to add to their routine.
All Hempz products are gluten-free, vegan and paraben-free, making them a safe option for your next gifting opportunity. It should be noted that while Hempz does use the restorative properties of the hemp seed, none of its products contain THC, the substance that gives cannabis users their high. It does, though, have several new products containing CBD, which doesn’t cause a high, and has even added a pet care collection.
What to know before buying Hempz lotion
Before purchasing and applying any Hempz lotion, make sure to read the ingredients list, especially if you’re prone to adverse reactions to certain flowers, fruits, nuts or oils. Hempz uses natural ingredients in every product, and you can avoid allergic reactions by researching in advance.
Skin sensitivities are also common with any topical lotion. Conduct a patch test before using high amounts on your body. Let a small amount rest atop your skin for 24 hours and note if there is any reaction. This is a good rule of thumb for every skin and hair product you try.
Best Hempz lotions
Top Hempz lotion
Hempz Original Herbal Body Moisturizer
What you need to know: This is the original formula that transforms skin from dry and itchy to rejuvenated and soft.
What you’ll love: Using pure hemp seed oil, this lotion enhances your skin and penetrates dryness at the source. Ingredients such as shea butter, ginger root and sunflower oil deliver visible results to your skin and leave a non-tacky, smooth finish. Full of vitamins C, E and A, not only is this product a topical relief, it improves the overall health of your skin.
What you should consider: In comparison to other Hempz lotions, this one doesn’t have a super-strong aroma, so if you’re searching for a fragrant lotion, opt for another scent.
Where to buy: Sold by Ulta Beauty and Amazon
Top Hempz lotion for the money
Hempz Exotic Natural Herbal Body Moisturizer with Green Tea and Asian Pear
What you need to know: Combating redness and nourishing dryness, this decadent lotion has a rich scent that makes it well rounded.
What you’ll love: Green tea is fantastic at lessening redness, relieving skin irritation and protecting skin from further irritation. The inclusion of cucumber in this formula also helps hydrate and condition, as does the aloe, which provides vitamins and minerals as well to strengthen the skin.
What you should consider: A few reviewers complained that the scent is too strong.
Where to buy: Sold by Amazon and Ulta Beauty
Top Hempz lotion for the outdoors
Hempz Yuzu & Starfruit Daily Herbal Lotion with Broad Spectrum SPF 30
What you need to know: A natural fragrance combined with protection from the sun, this is perfect for those who love the outdoors.
What you’ll love: This lotion nourishes and moisturizes your skin with shea butter, coffee cherry extract and vitamins A, B, C and E in addition to citrus fruit complex and, of course, hemp seed oil. It also protects against two kinds of ultraviolet rays: UV/A and UV/B.
What you should consider: The sun protection comes off when you sweat, so it won’t be a suitable replacement for sunscreen if you are going to the beach or sweating outdoors.
Where to buy: Sold by Amazon
Top Hempz lotion for sensitive skin
Hempz Sensitive Skin Herbal Body Moisturizer
What you need to know: For anybody worried about an adverse reaction to fragrance or additives, this sensitive-skin option is best for you.
What you’ll love: Soothing oatmeal complex is used in this formula and calms reactive skin. Even out your skin with a light application of this lotion that nourishes using mango seed butter. The signature hemp seed oil targets dryness and restores bounce to damaged skin.
What you should consider: Sensitive skin types should still be cautious of adverse reactions with any topical product.
Where to buy: Sold by Ulta Beauty and Amazon
Top Hempz lotion for dry skin
Hempz Triple Moisture Herbal Whipped Body Creme
What you need to know: For those who struggle with especially dry skin, this Hempz lotion specializes in hydrating and nourishing.
What you’ll love: Since this moisturizer contains vitamins A, C and E, it not only hydrates the skin but protects it from inflammation and from being oily. This lotion is made to appeal to those with especially dry skin and has a light fragrance that comes from peach and grapefruit — just a few of the natural ingredients used in this product.
What you should consider: If you don’t like citrusy aromas, this isn’t the lotion for you.
Where to buy: Sold by Amazon and Ulta Beauty
Top Hempz lotion for your face
Hempz Daily Herbal Facial Moisturizer SPF 30 Fragrance Free
What you need to know: While body lotions can do the trick, a dedicated facial lotion like this one optimizes your skin care routine, leaving you with a hydrated glow all day long.
What you’ll love: This lotion is entirely fragrance free, so there’s less worry about potential breakouts or sensitivities to scent on the skin. The formula protects against sun damage for up to two hours; reapply after this for best results. It also includes vitamins A, C, D and E.
What you should consider: While it does have sun protection, be sure to use a water-resistant sunscreen if you plan on water activities because this will not stay on when in contact with moisture, including sweat.
Where to buy: Sold by Amazon
Top Hempz lotion for wrinkles
Hempz Age Defying Herbal Body Moisturizer
What you need to know: This is formulated to reduce fine lines and wrinkles, and rehydrate your skin.
What you’ll love: Kola nut is a key ingredient in this lotion, with caffeine’s natural anti-aging properties helping keep skin feeling healthy and youthful. In conjunction with shea butter, this helps soften and reduce wrinkles. Algae extract is another key ingredient that helps soften skin, and also helps reinforce and protect it from further drying and aging.
What you should consider: A few reviewers complained that it didn’t last long enough or had a bad smell.
Where to buy: Sold by Ulta Beauty and Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/the-7-best-hempz-lotions/ | 2022-07-16T09:11:19Z |
TORONTO, June 6, 2022 /PRNewswire/ -- Caylent, Inc (Caylent), an Amazon Web Services (AWS) Advanced Tier Services Partner, and Rising Star Partner of the Year 2021 (SI) announces its expansion into Canada to fuel growth in the cloud services industry.
Caylent is currently growing at 300% year-over-year to keep up with demand from customers seeking to build and innovate on AWS. Worldwide, there has been record expansion of the public cloud market, which Statista projects to reach $217.9 billion USD in revenue in 2022 in North America alone. This figure accounts for over half of the worldwide Public Cloud revenue which is projected to reach $407.50 billion USD in 2022.
Caylent's formal expansion into Canada is a major milestone for the company as it now offers a third delivery region for North American customers; having previously established delivery regions in the United States and Latin America.
"Caylent's expansion into Canada means we'll be immediately adding an additional two dozen delivery team members as employees and we plan to add dozens more in the coming months," says JP La Torre, CEO of Caylent. "Our presence in Canada enables us to more strategically align to our customers across North America with the addition of a third delivery region. In an increasingly constrained tech labor market, we're able to bring the best engineering talent and subject matter experts to bear for our customers to help them innovate on AWS with the right blend of value and expertise."
Additionally, this further strengthens Caylent's ability to attract and retain the top AWS engineering talent. Caylent is now able to extend a full suite of benefits for Canadian employees including premium health coverage, pension matching, remote work, unlimited vacation, company stock option plans, and more.
"We're extremely excited with the launch of our new Canadian entity and what that means for our ability to get the brightest AWS talent into Caylent", says Devin Cassinelli, Director of Talent and Corporate Development at Caylent. "We believe that with our humble culture and innovative customer projects, combined with our excellent compensation and benefits packages, we'll be able to offer top tech talent an environment that will accelerate their career."
Caylent is a cloud native services company that helps organizations bring the best out of their people and technology. We are living in a software-defined world where technology is at the core of every business. To thrive in this paradigm, organizations need to empower their people and processes through technology. Caylent is uniquely positioned to fuel that engine of innovation by bringing ambitious ideas to life for our customers. We work with customers to build, scale and optimize sophisticated cloud solutions using deep subject matter expertise to deliver world class outcomes through an agile co-delivery model.
Caylent holds the AWS Migration Services Competency, AWS SaaS Competency, AWS DevOps Service Competency as well as the AWS Well-Architected Partner, AWS Public Sector Partner, and AWS Built on Control Tower Partner designations, showing significant investment in both its customer offering and services expertise on AWS. Caylent's growing AWS Certification count of now over 200 and a consistently high Customer Satisfaction rating, further validates its commitment to fueling cloud native service adoption on AWS
More information at www.caylent.com.
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SOURCE Caylent | https://www.mysuncoast.com/prnewswire/2022/06/06/caylent-announces-expansion-into-canada/ | 2022-06-06T15:44:12Z |
Panthers select OT ‘Ickey’ Ekwonu with 6th pick in NFL draft
By STEVE REED
AP Sports Writer
CHARLOTTE, N.C. (AP) — The Carolina Panthers addressed a longstanding need by selecting offensive tackle Ikem “Ickey” Ekwonu from North Carolina State with the sixth pick in the NFL draft. The 6-foot-4, 310-pound Ekwonu is expected to start right away at left tackle. Ekwonu was the first offensive player taken in Thursday night’s draft following five defensive players being chosen. The Panthers don’t have a draft pick in the second or third round after trading for quarterback Sam Darnold and cornerback C.J. Henderson last year. Their next pick is in the fourth round at No. 137. | https://localnews8.com/news/2022/04/28/panthers-select-ot-ickey-ekwonu-with-6th-pick-in-nfl-draft/ | 2022-04-29T01:56:19Z |
CHICAGO, April 7, 2022 /PRNewswire/ -- Hightower announced today that 39 of its advisors have been named to the Forbes 2022 Best-In-State Wealth Advisors List, which recognizes the top advisors from across the Unites States. The Hightower advisors included on the 2022 list are:
- Moss Crosby of Twickenham Advisors in Huntsville, Ala.
- Joseph Rosol of Acacia Wealth Advisors in Beverly Hills, Calif.
- Jason Ezzell of The Ezzell-Conklin Group in Folsom, Calif.
- Robert Schein of Blanke Schein Wealth Management in Palm Desert, Calif.
- William Blanke of Blanke Schein Wealth Management in Palm Desert, Calif.
- David Molnar of Crest Capital Advisors in San Diego, Calif.
- David Bahnsen of The Bahnsen Group in Newport Beach, Calif.
- Jeffrey Corliss of RDM Financial Group in Westport, Conn.
- Pamela Abraham of Hightower Fort Myers in Fort Myers, Fla.
- Mark Masterson of Hightower Naples in Naples, Fla.
- Matthew Otto of The Otto Group in Sarasota, Fla.
- Andrew Hill of Hill Wealth Management in Alpharetta, Ga.
- Roger Shaffer of Shaffer Wealth Management in Alpharetta, Ga.
- Joel Rand of The Rand Group in Kihei, Hawaii
- Matthew Dillig of The Dillig Bowen Group in Chicago, Ill.
- Michael Schneider of The Lerner Group in Deerfield, Ill.
- JR Gondeck of The Lerner Group in Deerfield, Ill.
- Jake Falcon of Falcon Wealth Advisors in Mission Woods, Kan.
- Jeff Leventhal of Hightower Bethesda in Bethesda, Md.
- Gibson Wilkes of White Pine Wealth Management in Falmouth, Maine
- Blair Anderson of Hightower Great Lakes in Traverse City, Mich.
- Mark Burns of Synergy Capital Solutions in Bloomfield Hills, Mich.
- Barbara Archer of Hightower Wealth Advisors | St. Louis in St. Louis, Mo.
- Thomas Foley of Hightower Omaha in Omaha, Neb.
- John M. Egan of Egan Wealth Advisors in Madison, N.J.
- Mark Kravietz of ALINE Wealth in Melville, N.Y.
- Peter Lang of Hightower Westchester in Harrison, N.Y.
- Phillip Banazek of Morgia Wealth Management in Watertown, N.Y.
- Peter Klein of ALINE Wealth in Melville, N.Y.
- Justin Winters of Treasury Partners in New York, N.Y.
- Robert White of Morse, Towey and White Group in New York, N.Y.
- Ruth Berger of RJ Wealth Management in New York, N.Y.
- Michael Cantore of TC Wealth Management in New York, N.Y.
- Patrick Fruzzetti of Rose Advisors in New York, N.Y.
- Richard Saperstein of Treasury Partners in New York, N.Y.
- Jordan Waxman of Nucleus Advisors in New York, N.Y.
- Greg Sarian of Sarian Strategic Partners in Wayne, Pa.
- Jeffrey Grinspoon of VWG Wealth Management in Vienna, Va.
- Lars Knudsen of Hightower Bellevue in Bellevue, Wash.
"It's incredible to again see so many Hightower advisors named to Forbes' Best-In-State list," said Hightower Chairman and CEO Bob Oros. "We're extremely proud of our advisors for the work they do supporting clients and helping them live out their well-th stories. Congratulations to all on this well-deserved honor."
The Forbes rankings were developed by SHOOK Research, which used an algorithm of qualitative and quantitative data to rate thousands of advisors with a minimum of seven years of experience in the wealth management industry. The rankings were compiled though analysis of several key factors, including revenue trends, assets under management, compliance records, and industry experience of more than 34,000 nominees. View the complete list here.
In 2021, Hightower advisors appeared on Barron's Top 100 Financial Advisors, Top 100 Independent Advisors, Top 100 Women Financial Advisors and Top 1200. Additionally, Forbes named Hightower advisors to several of its best-of lists including America's Top Wealth Advisors, America's Best Women Wealth Advisors, Best-in-State Women Wealth Advisor, the Top Next-Gen Wealth Advisors, and Best-In-State Wealth Advisors. Hightower advisors have also been honored on Seramount's 2021 'Top Wealth Advisor Moms' List and InvestmentNews' '40 Under 40'.
About Hightower
Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower's capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of "well-th. rebalanced." Based in Chicago with advisors across the U.S., the firm operates as a registered investment advisor (RIA). Learn more about Hightower's collaborative business model at www.hightoweradvisors.com.
Securities offered through Hightower Securities, LLC member FINRA/SIPC. Hightower Advisors, LLC is a SEC registered investment advisor.
Media Contact:
Patty Buchanan
JConnelly
(973) 567-9415
pbuchanan@jconnelly.com
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SOURCE Hightower | https://www.wibw.com/prnewswire/2022/04/07/39-hightower-advisors-named-forbes-2022-best-in-state-wealth-advisors-list/ | 2022-04-08T02:46:18Z |
SAN DIEGO, Aug. 9, 2022 /PRNewswire/ -- NuVasive, Inc. (NASDAQ: NUVA), the leader in spine technology innovation, focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, today announced the resignation of Massimo Calafiore, executive vice president and chief commercial officer, effective August 31, 2022, to become the chief executive officer of a privately-held, orthopedics technology company. Upon Mr. Calafiore's resignation, his responsibilities will be reallocated among current members of management while the Company aligns its commercial structure to its long-term strategy.
"On behalf of the NuVasive team, I would like to thank Massimo for his impact on our organization," said Chris Barry, chief executive officer. "He has accomplished much during his tenure at NuVasive and we wish him great success in his new opportunity."
Mr. Calafiore stated, "In my five years at NuVasive, I am very proud of our collective work to transform surgery, advance care and most importantly—change the lives of patients around the world. NuVasive is an amazing company, and I'm excited to see what it will accomplish through bringing world-class, innovative technology to market."
About NuVasive
NuVasive, Inc. (NASDAQ: NUVA) is the leader in spine technology innovation, with a mission to transform surgery, advance care, and change lives. The Company's less-invasive, procedurally integrated surgical solutions are designed to deliver reproducible and clinically proven outcomes. The Company's comprehensive procedural portfolio includes surgical access instruments, spinal implants, fixation systems, biologics, software for surgical planning, navigation and imaging solutions, magnetically adjustable implant systems for spine and orthopedics, and intraoperative neuromonitoring technology and service offerings. With more than $1 billion in net sales, NuVasive operates in more than 50 countries serving surgeons, hospitals, and patients. For more information, please visit www.nuvasive.com.
Forward-Looking Statements
NuVasive cautions you that statements included in this news release that are not a description of historical facts are forward-looking statements that involve risks, uncertainties, assumptions and other factors which, if they do not materialize or prove correct, could cause NuVasive's results to differ materially from historical results or those expressed or implied by such forward-looking statements. The potential risks and uncertainties which contribute to the uncertain nature of these statements include, among others, risks associated with acceptance of the Company's surgical products and procedures by spine surgeons and hospitals, development and acceptance of new products or product enhancements, clinical and statistical verification of the benefits achieved via the use of NuVasive's products, the Company's ability to adequately manage inventory as it continues to release new products, its ability to recruit and retain management and key personnel, and the other risks and uncertainties described in NuVasive's news releases and periodic filings with the Securities and Exchange Commission. NuVasive's public filings with the Securities and Exchange Commission are available at www.sec.gov. NuVasive assumes no obligation to update any forward-looking statement to reflect events or circumstances arising after the date on which it was made.
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SOURCE NuVasive, Inc. | https://www.wibw.com/prnewswire/2022/08/09/nuvasive-announces-departure-chief-commercial-officer/ | 2022-08-09T20:29:53Z |
WASHINGTON, June 29, 2022 /PRNewswire/ -- Following is a statement by Jen Judson, President of the National Press Club and Gil Klein, President of the National Press Club Journalism Institute on the murder of Antonio de la Cruz, a reporter for the Mexican newspaper Expreso, today in Tamaulipas.
"We call on the Mexican government and law enforcement to bring to justice the killers of Antonio de la Cruz – the 12th journalist murdered in Mexico this year. Those who murder journalists must be arrested, prosecuted and punished. Because cases of violence against Mexican journalists are almost never solved, the state is sending a very bad message to the gangs and cartels who carry out these atrocities. De la Cruz was active on social media and regularly denounced politicians for corruption. In the same attack where he was killed, his wife was also killed, and their daughter was injured. This kind of tragedy must stop. Journalists must have better protection and when they are attacked the response from law enforcement and the government must be swift and vigorous."
Founded in 1908, the National Press Club is the world's leading professional organization for journalists. With 3,000 members representing nearly every major news organization, the Club is a outspoken advocate for Press Freedom worldwide.
The National Press Club Journalism Institute promotes an engaged global citizenry through an independent and free press and equips journalists with skills and standards to inform the public in ways that inspire civic engagement.
Contact: Bill McCarren, 202-662-7534 for the National Press Club
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SOURCE National Press Club | https://www.mysuncoast.com/prnewswire/2022/06/30/national-press-club-statement-murder-mexican-journalist-antonio-de-la-cruz/ | 2022-06-30T02:14:18Z |
JACKSON, N.J., July 5, 2022 /PRNewswire/ -- RXDco, the "forward-thinking" premium cannabis packaging company, innovators of unique, child-resistant containers and bags, has been named a "Finalist" by the prestigious World CBD Awards in the category of "Best Packaging Company" for its two premier products, Atid and C-Series.
Atid and C-Series are part of RXDco's premium line of products. Atid was designed with form, function, and sustainability in mind. It is constructed of biodegradable paper, certified child-resistant, and with its patented flex-stretch pull top will keep even the most persistent little fingers from gaining access. In addition, Atid's cylindrical shape makes for great branding, retail shelf presence, and portability. The C-Series is a concentrate lovers' dream boasting a "Push n Turn" Teflon-lined CR cap and glass container that simultaneously creates an air-tight seal maintaining product freshness while ensuring child safety. Available in a variety of options, including round or square, and finishes in clear, black, and white, the C-Series is the perfect concentrate companion always available and at home in your pocket or purse.
Steven Jay RXDco's CMO explains, "it has always been our mission to bring cannabis packaging solutions to market that go above and beyond the ordinary in quality, safety, and design. We are honored and humbled to have been recognized by the World CBD Awards for our efforts."
With the goal of creating and maintaining a positive image for the industry as one that is safe, responsible, transparent, and operated with integrity, the World CBD Awards was established as an annual event seeking to bring recognition and praise to those companies producing compliant, safe, and effective CBD/Hemp products devices, and services worldwide. The judges who select finalists and ultimate winners are made up of an impartial group of scientists, physicians, and professionals within the CBD/Hemp industry
RXDco is a premium Cannabis, Hemp/CBD packaging manufacturer specializing in cutting-edge, custom-branded packaging solutions. With over 100 years of experience in the packaging industry, RXDco is unique in its understanding of regulatory & compliance packaging, possessing the knowledge and expertise to deliver any packaging need. Recognized by leading brands for its forward-thinking and innovative capabilities, RXDco is a trendsetting industry trailblazer. With unparalleled R&D capabilities, in-house graphic design, industry-best pricing, and first-class customer support, RXDco truly is the total package.
For more information and imagery please contact Steven Jay: stevenjay@rxdco.com
Contact: Steven Jay
Email: stevenjay@rxdco.com
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SOURCE rxdco | https://www.kxii.com/prnewswire/2022/07/05/rxdcos-atid-c-series-named-finalists-by-world-cbd-awards/ | 2022-07-05T23:44:11Z |
Officers raise money for Special Olympics Kansas athletes at Dunkin’ Donuts
TOPEKA, Kan. (WIBW) - Local law enforcement could be spotted at multiple Dunkin’ Donut locations Friday, but not for an emergency - it was to raise money for Special Olympics Kansas.
From 7 a.m. to 10 a.m., officers from the Topeka Police Department, the Shawnee Co. District Attorney’s Office, and the Shawnee Co. Sheriff’s Office visited with customers Friday, August 19, to ask if they would donate to the Special Olympics to support the athletes and their love for the Olympics.
”We have some free donut holes, and obviously stickers, we’ve got the Topeka Police Department’s blow-up dog that is here as well, so we are just out here, shaking hands, smiling at people, and saying thank you when they donate to Special Olympics,” according to Abigail Christian, public relations deputy for the Shawnee Co. Sheriff’s Office. “They have so much fun and joy when they participate in all of their sports and activities, so seeing their faces light up absolutely gets us to want to help them out.”
This morning they were at both the 6th St. and Lane location and the 21st St. location.
If you would like to donate to Special Olympics Kansas online, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/19/officers-raise-money-special-olympics-kansas-athletes-dunkin-donuts/ | 2022-08-19T16:44:31Z |
LOS ANGELES, Sept. 1, 2022 /PRNewswire/ -- Aadi Bioscience, Inc. (NASDAQ: AADI), a commercial-stage biopharmaceutical company focused on developing and commercializing precision therapies for genetically-defined cancers with alterations in mTOR pathway genes, today announced that the Company will be participating in and hosting one-on-one meetings at the following conferences during September:
- Citi's 17th Annual BioPharma Conference, September 7-8, 2022, in Boston, MA
- Morgan Stanley's 20th Annual Global Healthcare Conference, September 12-14, 2022, in New York, NY
- H.C. Wainwright's 24th Annual Global Investment Conference, September 12-14, 2022, in New York, NY
- Ladenburg Thalmann's 2022 Healthcare Conference, September 29, 2022, in New York, NY
Replays of webcasts will be available for approximately 30 days following each presentation.
About Aadi Bioscience
Aadi is a commercial-stage biopharmaceutical company focused on precision therapies for genetically defined cancers. Aadi's primary goal is to bring transformational therapies to cancer patients with mTOR pathway driver alterations where other mTOR inhibitors have not or cannot be effectively exploited due to problems of pharmacology, effective drug delivery, safety, or effective targeting to the disease site. In November 2021, Aadi received FDA approval for FYARRO® for the treatment of adult patients with locally advanced unresectable or metastatic malignant perivascular epithelioid cell tumor (PEComa), and in February 2022, Aadi announced the commercial launch of FYARRO in this indication.
Based on exploratory data from AMPECT, a registrational study supporting approval in advanced malignant PEComa, and following a pre-IND meeting with the FDA, Aadi has initiated PRECISION 1, a Phase 2 tumor-agnostic registration-intended trial in mTOR inhibitor-naïve malignant solid tumors harboring TSC1 or TSC2 inactivating alterations. More information on the Company's development pipeline is available on the Aadi website at www.aadibio.com and connect with us on Twitter and LinkedIn.
Contact:
Marcy Graham
IR@aadibio.com
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SOURCE Aadi Bioscience | https://www.kxii.com/prnewswire/2022/09/01/aadi-bioscience-announces-participation-upcoming-september-investor-conferences/ | 2022-09-01T12:33:02Z |
Man, 48, charged after harboring 16-year-old runaway girl 3 times, police say
TULSA, Okla. (Gray News) – A 48-year-old Oklahoma man is facing charges for harboring a 16-year-old runaway girl on three separate occasions, police said.
According to the Tulsa Police Department, Christopher Bartley was first caught June 16 at his apartment in Tulsa with the 16-year-old girl who had run away from home.
Bartley was charged with harboring a runaway juvenile, false impersonation of a peace officer, and contributing to the delinquency of a minor. Police said Bartley had told the girl that he was a former Tulsa police officer and current U.S. Marshal, neither of which were true.
He bonded out of jail shortly after his arrest, police said.
At the end of June, Bartley was found a second time with the same 16-year-old girl. She was returned home to her family. Police did not clarify if Bartley faced charges for that incident.
On July 28, Bartley was caught for a third time with the same 16-year-old girl, but this time, the two were found in California.
The situation unfolded when Bartley contacted the Newport Beach Police Department asking about homeless outreach programs. When officers met with him, they became suspicious of the situation. They found the 16-year-old girl with Bartley and discovered that Bartley had warrants in Oklahoma from a missing court date.
Police said Bartley was arrested in California and charged with harboring a juvenile runaway, contributing to the delinquency of a minor, and sex crimes involving a minor.
According to the Orange County Sheriff’s Department jail records, Bartley is being held on a $100,000 bond. He is scheduled to appear in court Aug. 17.
Tulsa police said Bartley will be extradited back to Oklahoma soon. The teen girl was placed in protective custody in California and will be reunited with her family again.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/05/man-48-charged-after-harboring-16-year-old-runaway-girl-3-times-police-say/ | 2022-08-05T21:27:27Z |
- First Be Kind Tech Fund investment on its mission to support startups that mitigate the misuse of technology and create a kinder digital world
- ping technology lets commercial drivers hear messages out loud in 105 languages, making processes hands-free, reducing texting while driving, and helping improve overall driving habits
- Be Kind Tech Fund's investment will help fund ping's business development and expand availability worldwide
SAN FRANCISCO, July 27, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, today announced that its Be Kind Tech Fund has invested in ping, a U.S.-based voice platform company that helps enterprises eliminate distracted driving by enabling commercial drivers to hear their smartphone messages and emails read out loud in more than 105 languages, creating a safer experience for drivers, passengers, and pedestrians.
As the Be Kind Tech Fund's first investment – alongside investments from other firms – the fund has helped ping raise a $5M joint seed round, which will enable the company to roll out its patented technology to hundreds of gig economy companies around the world. In addition to expanding ping's reach, the Be Kind Tech Fund's investment will enable the company to leverage Globant's existing network globally.
Founded in 2021, the Be Kind Tech Fund is the first and only corporate venture fund wholly focused on supporting startups that seek to mitigate the misuse of technology. Since its launch, the Be Kind Tech Fund has established partnerships with The George Washington University, as well as investors including Riverwood Capital, IDB Lab, Nazca, and entrepreneurial organizations such as Endeavor, LAVCA, and Newlab. The Center for Humane Technology also joined the Fund as an advisor. By establishing an ecosystem of like-minded organizations across influential sectors – from education to venture capital – the Be Kind Tech Fund is leading the creation of a new support system for mission-based technology startups.
"ping is a perfect example of the type of startup that we had in mind when creating the Be Kind Tech Fund," said Guibert Englebienne, Globant Co-Founder, President for Latam and Globant X. "We want to make sure that technology is harnessed for the benefit of society, and we admire ping's innovative use of patented voice technology to help drivers get home safely – an increasing issue as the gig economy continues to grow exponentially. We look forward to helping ping meet its goals, providing its team with expert guidance from our ecosystem, and contributing to its success."
"Millions of gig economy drivers are put in danger every day by the constant notifications and alerts delivered to their smartphones across a variety of apps, which contribute to distracted driving and often lead to accidents," said Garin Torin, CEO, ping. "Our goal is to keep drivers and passengers safe by eliminating distractions and helping them get home safely. The Be Kind Tech Fund's mission to prevent the misapplication of technology is perfectly aligned with the purpose of our platform, making this support from the Fund and its ecosystem especially meaningful."
According to the Department of Transportation's National Highway Traffic Safety Administration (NHTSA), distracted driving costs the economy $129 billion per year and 11 lives per day. To help mitigate this risk, ping developed a patented Drive Mode voice platform that can integrate directly into the apps of automakers, insurers, music services, podcast platforms, and fitness apps, as well as on-board telematics and commercial fleet management software. In addition, ping can be white-labeled to create branded apps for cities, insurers, and wireless carriers. Besides reading messages out loud, ping can also coach drivers to be safer by alerting them to hard braking and acceleration, excessive lane changing, speeding, and phone handling while driving.
CameraMatics, a vehicle operations cloud platform, integrated ping's voice technology to enhance safety and help commercial and fleet drivers avoid distractions that can cause accidents. "ping's technology unlocks a new phase of fleet safety with its proven ability to reduce distractions while still ensuring critical updates are communicated," said Mervyn O'Callaghan, CEO, CameraMatics. "With ping's integration into CameraMatics, we are now able to provide the most comprehensive safety solution on the market."
For more information about the Be Kind Tech Fund or to join the ecosystem, please visit www.bekindtechfund.com. For more information about ping, please visit www.pingloud.com.
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About Globant
We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design, and engineering meet scale.
- We have more than 24,500 employees, and we are present in 19 countries working for companies like Google, Electronic Arts, and Santander, among others.
- We were named a Worldwide Leader in CX Improvement Services by IDC MarketScape report.
- We were also featured as a business case study at Harvard, MIT, and Stanford.
- We are a member of the Green Software Foundation (GSF) and the Cybersecurity Tech Accord.
Contact: pr@globant.com
Sign up to get first dibs on press news and updates.
For more information, visit www.globant.com.
About Be Kind Tech Fund
Launched in 2021, the Be Kind Tech Fund is a $10 million USD corporate venture fund administered by Globant Ventures. The fund seeks to assist global startups looking for support in developing apps, products, and platforms that are focused on mitigating the negative effects of technology, such as online harassment and abuse, data privacy and security, AI bias, screen time abuse, and information bubbles and polarization.
If you are an entrepreneur or startup focused on mitigating the negative impacts of tech, or are interested in knowing more about the Be Kind Tech Fund, please visit www.bekindtechfund.com and join the revolution.
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SOURCE Globant | https://www.wibw.com/prnewswire/2022/07/27/globants-be-kind-tech-fund-invests-ping-voice-technology-platform-help-get-drivers-home-safely/ | 2022-07-27T14:03:58Z |
June 22 virtual event offers inside look at how Univar Solutions provides ingredients, innovation and human ingenuity to advance product development
DOWNERS GROVE, Ill., June 8, 2022 /PRNewswire/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global chemical and ingredient distributor and provider of value-added specialty services, will host "Innovation Day" on June 22. This daylong virtual event will showcase the Company's global suite of lab and technical capabilities, industry, application and specialty ingredient formulation expertise, and the depth and breadth of human ingenuity found across its global network of Solution Centers. Attendees will have the opportunity to interact directly with the chemists, food scientists, chefs and technical teams that work every day on their behalf to bring innovation to the forefront of product development and advancement.
Featuring the Company's formulation labs, development kitchens and R&D centers in Chicago, Essen, Houston, Mexico City, Paris and São Paulo, Innovation Day will broadcast sessions on formulating plant-based dairy and protein food and beverages, natural and sustainable beauty products, high-performing and next-generation adhesives, and much more. Offering sessions in English, Brazilian Portuguese and Spanish, the virtual event allows participants to attend the sessions most relevant to them – live or on-demand.
"Innovation Day gives our global customers and suppliers the opportunity to peek inside our network of global Solution Centers, getting a firsthand look at the innovative work done across every industry and geography we serve," said Nick Powell, president of Ingredients and Specialties and president, Europe, Middle East and Africa and Asia Pacific, at Univar Solutions. "Every day, our chemists and food scientists leverage the latest technology, specialty ingredients and techniques that deliver on-trend, in-demand products. Innovation Day attendees will see how our global teams collaborate to solve technical challenges, working together to advance innovation across markets and formulate for the future."
By leveraging what each Solution Center does in one region or industry and applying it to another, Univar Solutions seeks to help customers and suppliers save time, streamline efforts and formulate next-generation products. Through a hub-and-spoke model, each Solution Center is connected to the other, offering an impressive level of collaboration, innovation and customer and supplier support. Univar Solutions is also committed to creating a cleaner, safer and more sustainable world through sustainable sourcing of ingredients when it comes to formulations.
"As a premier specialty ingredient company with deep technical expertise, Univar Solutions is far more than just a distributor – we're a trusted, valuable partner that helps connect formulators and markets to the molecules, chemistry and innovations that help their businesses succeed," said Dr. Andrew Mint, director of global solution centers at Univar Solutions. "We want Innovation Day attendees to experience the multidisciplinary technical expertise, creativity and human ingenuity that are at the heart of innovation – and hear from the scientists behind our labs that are bringing innovation to the forefront and solving the challenges of tomorrow."
Registration for Innovation Day is complimentary and now open at https://www.univarsolutions.com/innovation-day.
Univar Solutions (NYSE: UNVR) is a leading global commodity and specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.
This press release includes certain statements relating to future events and our intentions, beliefs, expectations, and predictions for the future, which are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions. A detailed discussion of these factors and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Potential factors that could affect such forward-looking statements include, among others: the ultimate geographic spread of the COVID-19 pandemic; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities to address or otherwise mitigate the impact of the COVID-19 pandemic; the potential negative impacts of COVID-19 on the global economy and our customers and suppliers; the overall impact of the COVID-19 pandemic on our business, results of operations and financial condition; other fluctuations in general economic conditions, particularly in industrial production and the demands of our customers; significant changes in the business strategies of producers or in the operations of our customers; increased competitive pressures, including as a result of competitor consolidation; significant changes in the pricing, demand and availability of chemicals; our levels of indebtedness, the restrictions imposed by our debt instruments, and our ability to obtain additional financing when needed; the broad spectrum of laws and regulations that we are subject to, including extensive environmental, health and safety laws and regulations; an inability to integrate the business and systems of companies we acquire, including of Nexeo Solutions, Inc., or to realize the anticipated benefits of such acquisitions; potential business disruptions and security breaches, including cybersecurity incidents; an inability to generate sufficient working capital; increases in transportation and fuel costs and changes in our relationship with third party providers; accidents, safety failures, environmental damage, product quality and liability issues and recalls; major or systemic delivery failures involving our distribution network or the products we carry; operational risks for which we may not be adequately insured; ongoing litigation and other legal and regulatory risks; challenges associated with international operations; exposure to interest rate and currency fluctuations; potential impairment of goodwill; liabilities associated with acquisitions, ventures and strategic investments; negative developments affecting our pension plans and multi-employer pensions; labor disruptions associated with the unionized portion of our workforce; and the other factors described in the Company's filings with the Securities and Exchange Commission. We caution you that the forward-looking information presented in this press release is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek, "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise, except as required by law.
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SOURCE Univar Solutions Inc. | https://www.kxii.com/prnewswire/2022/06/08/univar-solutions-hold-innovation-day-highlighting-technical-solutions-global-solution-centers/ | 2022-06-08T21:17:26Z |
NEW YORK, July 20, 2022 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology company, today announced the addition of Dr. Sharon Brown-Hruska to the FMX Futures Exchange Board of Directors. Dr. Brown-Hruska will serve as a Member of the Board and the Regulatory Oversight Committee Chair.
Robert Allen, President of the FMX Futures Exchange, commented on today's announcement, "We are pleased to welcome Dr. Sharon Brown-Hruska to the FMX Futures Exchange Board of Directors. Sharon's deep experience in the futures industry and strong regulatory oversight will be invaluable to the FMX Futures Exchange as we pursue our mission to bring competition to the interest rate futures market."
Dr. Sharon Brown-Hruska added, "I'm excited to join the Board of the FMX Futures Exchange. The FMX Futures Exchange is a game-changer that brings smart innovation and cutting-edge technology to the interest rate futures market. This initiative will add much-needed resiliency, capacity, and liquidity to the interest rate futures market to promote competition and reduce systemic risk."
Dr. Sharon Brown-Hruska was designated by President Bush to serve as Acting Chairman of the Commodity Futures Trading Commission (CFTC) on July 26, 2004, and served as Acting Chairman until July 10, 2005. She was first nominated to the Commission on April 9, 2002, confirmed by the Senate in August 2002, and sworn in on August 7, 2002. Dr. Brown-Hruska was nominated by President Bush to a second term as a Commissioner and confirmed by the Senate on November 21, 2004, to a term expiring April 13, 2009.
While at the CFTC, Dr. Brown-Hruska served as a member of the President's Working Group on Financial Markets, the President's Corporate Fraud Task Force, and played a leadership role in cooperative enforcement with national and international authorities. She worked closely with staff attorneys and the CFTC Office of Cooperative Enforcement to facilitate interagency actions, including prosecuting manipulation and fraudulent Ponzi schemes in foreign currency, energy, and other commodities. Working with other agencies, she led the agency's efforts in the development of anti-money laundering (AML) and "Know Your Customer" requirements and was a leading member of the Financial Literacy and Education Commission.
Dr. Brown-Hruska is an arbitrator for the National Futures Association (NFA) and has testified as an expert in arbitrations before the Financial Industry Regulatory Authority (FINRA) on securities regulatory requirements and industry practices. She serves on the Panel of Recognized International Market Experts in Finance (P.R.I.M.E. Finance), specializing in dispute resolution and international arbitration concerning derivatives and complex transactions.
She has served as a Professor at Tulane University's Energy Institute and as a Visiting Professor of Finance at Tulane University's A.B. Freeman School of Business. Dr. Brown-Hruska earned her BA in economics and international studies, along with her Ph.D. and MA in economics at Virginia Polytechnic Institute.
About BGC Partners, Inc.
BGC Partners, Inc. ("BGC") is a leading global brokerage and financial technology company. BGC, through its various affiliates, specializes in the brokerage of a broad range of products, including Fixed Income (Rates and Credit), Foreign Exchange, Equities, Energy and Commodities, Shipping, and Futures. BGC, through its various affiliates, also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through its brands, including FMX™, Fenics®, Fenics Market Data™, Fenics GO™, BGC®, BGC Trader™, Capitalab®, and Lucera®, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, FMX, Fenics Market Data, Fenics GO, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC and/or its affiliates.
BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC's Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol "BGCP". BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow BGC at https://twitter.com/bgcpartners, https://www.linkedin.com/company/bgc-partners and/or http://ir.bgcpartners.com/Investors/default.aspx.
Discussion of Forward-Looking Statements about BGC
Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Media Contact:
Karen Laureano-Rikardsen
+1 212-829-4975
Investor Contact:
Jason Chryssicas
+1 212-610-2426
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SOURCE BGC Partners, Inc. | https://www.kxii.com/prnewswire/2022/07/20/fmx-futures-exchange-names-dr-sharon-brown-hruska-its-board-directors/ | 2022-07-20T12:32:13Z |
Shoppers, guard among 10 dead in Buffalo supermarket attack
BUFFALO, N.Y. (AP) — Shoppers out on a weekend afternoon and a retired police officer working as a security guard were among the 10 shot and killed at a Buffalo supermarket by a white teenager who authorities say was motivated by racial hatred.
Police said Payton Gendron shot, in total, 11 Black people and two white people Saturday in a rampage at the Tops Friendly Market that the 18-year-old broadcast live before surrendering to authorities.
Among the dead was security guard Aaron Salter — a retired Buffalo police officer — who fired multiple shots at Gendron, Buffalo Police Commissioner Joseph Gramaglia said Saturday. A bullet hit the gunman’s armor, but had no effect. Gendron then killed Salter, before hunting more victims.
Also killed was Ruth Whitfield, 86, the mother of retired Buffalo Fire Commissioner Garnell Whitfield who told the Buffalo News that his “mother was a mother to the motherless.”
“She was a blessing to us all,” he added.
Katherine Massey, who had gone to the store to pick up some groceries, also was killed, according to the newspaper.
It wasn’t immediately clear why Gendron had traveled about 200 miles from his Conklin, New York, to Buffalo and that particular grocery store, located in a predominantly Black neighborhood, but screenshots purporting to be from the Twitch broadcast appear to show a racial epithet scrawled on the rifle used in the attack, as well as the number 14, a likely reference to a white supremacist slogan.
At the earlier news briefing, Erie County Sheriff John Garcia pointedly called the shooting a hate crime.
“This was pure evil. It was (a) straight up racially motivated hate crime from somebody outside of our community, outside of the City of Good Neighbors ... coming into our community and trying to inflict that evil upon us,” Garcia said.
Twitch said in a statement that it ended Gendron’s transmission “less than two minutes after the violence started.”
The massacre sent shockwaves through an unsettled nation gripped with racial tensions, gun violence and a spate of hate crimes. In the day prior to the shooting, Dallas police said they were investigating a series of shootings in Koreatown as hate crimes. The Buffalo attack came just one month after another mass shooting on a Brooklyn subway train wounded 10 people and just over a year after a mass shooting in a Colorado supermarket killed 10.
Gendron, confronted by police in the store’s vestibule, put a rifle to his neck but was convinced to drop it. He was arraigned later Saturday on a murder charge, appearing before a judge in a paper gown.
A law enforcement official told The Associated Press that investigators were looking into whether he had posted a manifesto online. The official was not permitted to speak publicly on the matter and did so on the condition of anonymity.
Buffalo police declined to comment on the document, circulated widely online, that purports to outline the attacker’s racist, anti-immigrant and antisemitic beliefs, including a desire to drive all people not of European descent from the U.S. It said he drew inspiration the man who killed 51 people at two mosques in Christchurch, New Zealand, in 2019.
___
Associated Press writers Michael Balsamo and Eric Tucker in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/15/shoppers-guard-among-10-dead-buffalo-supermarket-attack/ | 2022-05-15T13:49:35Z |
SHENZHEN, China, June 1, 2022 /PRNewswire/ -- Winner Medical Co. Ltd. (300888.SZ; "Winner Medical" and "the Company"), a leading manufacturer of disposable wound care and surgical products, announced on May 18 that it will acquire a majority 65.55% stake in Hunan Pingan Medical Device Technology Co. Ltd. ("Pingan Medical") for 652 million yuan (US$97.3 million), as the Company continues to expand its disposable medical supply lineup.
Upon the completion of the deal, Winner Medical is set to hold a total of 68.7% stake in Pingan Medical for a total of 752 million yuan (US$112.3 million).
The Company's move comes as it looks to make a foray into the field of injection products to diversify its product offerings besides consumer products, and comes in line with its strategy to provide one-stop disposable medical supply solutions.
Established in 2010, Pingan Medical mainly produces disposable medical devices, such as syringes, infusion sets, and blood collection tubes among other medical supplies. In 2021, Pingan Medical recorded 360 million yuan (US$53.7 million) in revenue and booked a net profit of 85 million yuan (US$12.7 million).
The acquisition will leverage both companies' strengths and help fill the product gap in injection-related disposables of Winner Medical, enabling it to expand into new medical verticals and achieve its goal of becoming a major supplier for the domestic market.
Specifically, the Company plans to roll out medical sets that comprise needle-type products from Pingan Medical and wound care supplies from Winner Medical, providing one-stop customized solutions for hospitals and large medical centers.
Meanwhile, Winner Medical will help Pingan Medical with its industry-leading R&D capabilities to develop medical device solutions and build smart manufacturing plants.
To fuel the growth based on the new deal, Winner Medical has signed an investment note with the local government of Li County in Hunan Province, where Pingan Medical is headquartered, to build medical equipment production lines, smart warehousing, and R&D facilities.
The latest deal follows Winner Medical's April-11 acquisition of wound dressing maker Zhejiang Longterm Medical Technology Co. Ltd. ("Longterm Medical") as part of its expansion strategy to stay competitive in the area of high-end wound dressings. The Company has also set up a dedicated team to promote its self-developed wound dressing products as the market for such medical supplies is still in its infancy in China.
Founded in 1991, Winner Medical has made efforts to offer quality cotton-based medical dressings and disposables, and will continue to push ahead with its strategy to diversify its product lineup and boost consumption. On the manufacturing front, the Company aims to expand to new medical verticals through acquisitions, while on the consumption front, it plans to enhance product sales through digitization and gradually phasing out less popular products.
As such, the Company has made significant progress in digitizing its operations. Winner Medical has gone live on multiple e-commerce platforms, and has gone digital in terms of online and offline warehousing and order management.
For more information, please visit: https://www.winnermedical.com/
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SOURCE Winner Medical | https://www.wibw.com/prnewswire/2022/06/02/winner-medical-acquires-majority-stake-pingan-medical-fuel-growth/ | 2022-06-02T04:03:56Z |
Baby formula shortage highlights racial disparities
COLUMBIA, Md. (AP) — Capri Isidoro broke down in tears in the office of a lactation consultant.
The mother of two had been struggling to breastfeed her 1-month-old daughter ever since she was born, when the hospital gave the baby formula first without consulting her on her desire to breastfeed.
Now, with massive safety recall and supply disruptions causing formula shortages across the United States, she also can’t find the specific formula that helps with her baby’s gas pains.
“It is so sad. It shouldn’t be like this,” said Isidoro, who lives in the Baltimore suburb of Ellicott City. “We need formula for our kid, and where is this formula going to come from?”
As parents across the United States struggle to find formula to feed their children, the pain is particularly acute among Black and Hispanic women. Black women have historically faced obstacles to breastfeeding, including a lack of lactation support in the hospital, more pressure to formula feed and cultural roadblocks. It’s one of many inequalities for Black mothers: They are far more likely to die from pregnancy complications and less likely to have their concerns about pain taken seriously by doctors.
Low-income families buy the majority of formula in the U.S., and face a particular struggle: Experts fear small neighborhood grocery stores that serve these vulnerable populations are not replenishing as much as larger retail stores, leaving some of these families without the resources or means to hunt for formula.
The Centers for Disease Control and Prevention estimates that 20% of Black women and 23% of Hispanic women exclusively breastfeed through six months, compared to 29% of white women. The overall rate stands at 26%. Hospitals that encourage breastfeeding and overall lactation support are less prevalent in Black neighborhoods, according to the CDC.
The Association of Women’s Health, Obstetric and Neonatal Nurses also says Hispanic and Black women classified as low wage workers have less access to lactation support in their workplaces.
The racial disparities reach far back in America’s history. The demands of slave labor prevented mothers from nursing their children, and slave owners separated mothers from their own babies to have them serve as wet nurses, breastfeeding other women’s children.
In the 1950s, racially targeted commercials falsely advertised formula as a superior source of nutrition for infants. And studies continue to show that the babies of Black mothers are more likely to be introduced to formula in the hospital than the babies of white mothers, which happened to Isidoro after her emergency cesarean section.
Physicians say introducing formula means the baby will require fewer feedings from the mother, decreasing the milk supply as the breast is not stimulated enough to produce.
Andrea Freeman, author of the book “Skimmed: Breastfeeding, Race and Injustice,” said these mothers still aren’t getting the support they need when it comes to having the choice of whether to breastfeed or use formula. They also may have jobs that do not accommodate the time and space needed for breastfeeding or pumping milk, Freeman said.
“Nobody’s taking responsibility for the fact that they’ve steered families of color toward formula for so many years and made people rely on it and taken away choice. And then when it falls apart, there’s not really any recognition or accountability,” Freeman said.
Breastfeeding practices are often influenced by previous generations, with some studies suggesting better outcomes for mothers who were breastfed when they were babies.
Kate Bauer, an associate professor of nutritional sciences at the University of Michigan School of Public Health, said she began hearing back in February about Black and Latino families in Detroit and Grand Rapids feeling stuck after finding smaller grocery stores running out of formula.
Some were told to go to the local office of the Special Supplemental Nutrition Program for Women, Infants, and Children, better known as WIC, the federal program that supports low-income expectant and new mothers. Between 50% and 65% of the formula in the U.S. is bought through the program.
“Going to the WIC office is like a full day’s errand for some moms,” Bauer said.
She fears mothers are getting desperate enough to try foods that are not recommended for babies younger 6 months.
Yury Navas, a Salvadoran immigrant who works at a restaurant and lives in Laurel, Maryland, says she was not able to produce enough breast milk and struggled to find the right formula for her nearly 3-month-old baby Jose Ismael after others caused vomiting, diarrhea and discomfort.
One time, they drove half an hour to a store where workers told them they had the type she needed, but it was gone when they got there. Her husband goes out every night to search pharmacies around midnight.
“It’s so hard to find this type,” she said, saying sometimes they have run out before they can secure more formula. “The baby will cry and cry, so we give him rice water.”
On a recent day, she was down to her last container and called an advocacy group that had told her it would try to get her some at an appointment in five days. But the group could not guarantee anything.
Some mothers have turned to social media and even befriended other locals to cast a wider net during shopping trips.
In Miami, Denise Castro, who owns a construction company, started a virtual group to support new moms during the COVID-19 pandemic. Now it’s helping moms get the formula they need as they go back to work. One of them is a Hispanic teacher whose job leaves her with little flexibility to care for her 2-month old infant, who has been sensitive to a lot of formula brands.
“Most of the moms we have been helping are Black and Latinas,” Castro said. “These moms really don’t have the time to visit three to four places in their lunch hour.”
Lisette Fernandez, a 34-year-old Cuban American first-time mother of twins, has relied on friends and family to find the liquid 2-ounce bottles she needs for her boy and girl. Earlier this week, her father went to four different pharmacies before he was able to get her some boxes with the tiny bottles. They run out quickly as the babies grow.
Fernandez said she wasn’t able to initiate breastfeeding, trying with an electric pump but saying she produced very little. Her mother, who arrived in Miami from Cuba as a 7-year-old girl, had chosen not to breastfeed her children, saying she did not want to, and taken medication to suppress lactation.
Some studies have attributed changes in breastfeeding behavior among Hispanics to assimilation, saying Latina immigrants perceive formula feeding as an American practice.
“Over the last three to six weeks it has been insane,” Fernandez said. “I am used to everything that COVID has brought. But worrying about my children not having milk? I did not see that coming.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/27/baby-formula-shortage-highlights-racial-disparities/ | 2022-05-27T12:46:20Z |
PITTSBURGH, Aug. 29, 2022 /PRNewswire/ -- "I thought there could be a better way to protect a baby's clothes during a meal or snack," said an inventor, from Bolingbrook, Ill., "so I invented the BABY'S LUVS BIBS. My design would offer an alternative to using traditional fabric and plastic bibs."
The invention provides a convenient disposable design for bibs. In doing so, it would protect the clothes while eating or during other times. As a result, it helps to prevent stains and it saves time and effort. The invention features a practical design that is easy to dispense and use so it is ideal for babies, young children and adults. 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-CHK-230, 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/2022/08/29/inventhelp-inventor-develops-convenient-disposable-design-bibs-chk-230/ | 2022-08-29T15:20:16Z |
Grease Monkey & SpeeDee Oil Change Modernize Auto Aftermarket Repair Industry with Design & Technology Enhancements
GREENWOOD VILLAGE, Colo., June 22, 2022 /PRNewswire/ -- FullSpeed Automotive®, one of the nation's largest franchisors and operators of automotive aftermarket repair facilities and home to flagship brands Grease Monkey® and SpeeDee Oil Change & Auto Service®, is unveiling its highly anticipated new store models that emphasize an enhanced customer experience while improving efficiency for franchisees who are driving nationwide expansion. FullSpeed continues to inch closer to its development goal of 1,000 units by the end of 2023. Beta tests of the new store models will begin this year and roll out systemwide in 2023.
The appearance of facilities in the auto aftermarket repair industry has been largely untouched for years, making FullSpeed's all new models for both Grease Monkey and SpeeDee a revolutionary move in an effort to modernize the industry. The 'Store of the Future' models were designed by renowned design firm Studio|H2G from Detroit, Michigan. These instantly identifiable façades help both brands stand out from the competition while featuring all new slogans: Done Fast. Done Right. (Grease Monkey) and Full Service. Total Trust. (SpeeDee).
FullSpeed Automotive aims to bring its flagship brands to life via these new store models by ensuring that every touchpoint—digital and physical—creates a cohesive experience for customers. Key features of the new prototypes include new express lanes with a 15-minute stay-in-the-car model; clear and directional signage on the parking lot to bring ease to the consumer; all new comfortable lounge areas and patio seating with refreshments and entertainment for units that already provide additional services; plus, state-of-the-art technology and artificial intelligence that will educate, inform, and streamline the customer experience.
"Our customers are looking for great service and high-quality care, and they want to feel comfortable and at ease when visiting our brands," said Kevin Kormondy, Chief Executive Officer of FullSpeed Automotive. "Our new store designs offer all of that and more. We're completely innovating the industry with an all-new look and feel while elevating the guest experience and providing fast but quality service. The design and guest experience communicate excellence, sophistication, and quality workmanship. We look forward to testing this year and rolling out systemwide at the start of 2023."
The new instantly identifiable look is a departure from the typical design of many oil change facilities that are hard to differentiate. Square footage of the new models will vary depending on real estate as the model is extremely flexible to fit existing storefronts of varying sizes, but all new units coming out of the ground will consist of approximately 1200-1500 total square feet with three express bays. As land and construction costs continue to rise, the new models prove immensely valuable as they fit on smaller property sizes and are value engineered, drastically reducing costs.
"While customer experience is at the forefront of every strategic decision, we anticipate the flexible, new store models to be a real source of attraction for eager and sophisticated franchisees who want to bring our brands to their region of choice across the U.S.," said Ron Stilwell, Chief Development Officer of FullSpeed Automotive. "When franchising, it's critically important to ensure that the cost of build works well with the economic model and provides a great ROI for years to come. We feel we've achieved that with these new prototypes, saving money and construction costs while maximizing operational efficiencies to drive franchisee profitability."
FullSpeed Automotive is looking to bring on qualified and engaged individuals seeking single, multi-unit, and conversion opportunities. When franchisees invest with FullSpeed Automotive brands, they're investing in an organization with a strong culture, solid systems, and proven business models backed with 70+ years of experience in providing quality car care in the industry.
For more information on FullSpeed Automotive and the company's flagship brands, visit greasemonkeyfranchise.com and speedeeoilfranchise.com or call 800-364-0352.
FullSpeed Automotive® is a leading automotive aftermarket services platform offering oil changes, tire sales and rotations, brake services, car washes, and other ancillary services through multiple brand formats that target several desirable segments of the service market. The company's strategic geographic footprint of 730-plus franchised and company-owned locations provide density in high growth markets. The company's flagship brands include Grease Monkey® and SpeeDee Oil Change & Auto Service®. In 2022, both Grease Monkey and SpeeDee were included in Entrepreneur's prestigious Franchise 500 ranking. FullSpeed is headquartered in Greenwood Village, Colorado. For more information, go to fullspeedautomotive.com.
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SOURCE FullSpeed Automotive | https://www.wibw.com/prnewswire/2022/06/22/fullspeed-automotive-reveals-revolutionary-new-store-models-set-fuel-growth-amp-maximize-customer-experience/ | 2022-06-22T15:49:06Z |
MONTREAL, July 13, 2022 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) - CAE unveiled today its new visual brand identity and logo to reflect its bold vision for the future, and further support its high-tech culture and mission. This evolution reinforces CAE's mission to prepare people in critical roles for the moments that matter, equipping them with the expertise and solutions to create a safer world using advanced technologies that elevate safety standards, human performance, and outcomes. CAE marks these changes as it celebrates 75 years of industry-firsts, a remarkable journey distinguished by the organization's noble purpose to make the world a safer place.
"CAE has been recognized globally over three-quarters of a century as an innovation leader, and in the last two decades, for expanding its critical role as our customers' partner of choice for simulation products, training services, and most recently, technology solutions. Our new logo reflects our heritage, this evolution, and our bold vision for the future, which involves us leaning even deeper into technology to revolutionize the way we serve our markets," said Marc Parent, CAE's President and CEO. "Staying ahead of foundational technology shifts has long been part of our history. As we enter the next horizon, our new CAE brand identity and logo will illuminate our broader mission and focus on the future, which is to lead at the frontier of digital immersion with high tech training and operational support solutions to make the world a safer place."
CAE's new visual brand identity and logo highlight the company's unique innovative culture and its reputation as a bold, modern, and excellence-driven leader, while reflecting its investment in the technologies of tomorrow. With nine acquisitions made since March 2020, bringing transformational new capabilities, CAE demonstrated its ambition to seize highly strategic growth opportunities and expansion into adjacent markets. And with an investment of C$1 billion in innovation over five years, CAE is underscoring its commitment to bringing the digital and physical worlds closer together through technology.
CAE's new visual brand identity and logo will be progressively deployed across its global network of 200 sites in over 35 countries.
About CAE
At CAE, we equip people in critical roles with the expertise and solutions to create a safer world. As a technology company, we digitalize the physical world, deploying simulation training and critical operations support solutions. Above all else, we empower pilots, airlines, defence and security forces, and healthcare practitioners to perform at their best every day and when the stakes are the highest. Around the globe, we're everywhere customers need us to be with more than 13,000 employees in more than 200 sites and training locations in over 35 countries. CAE represents 75 years of industry firsts—the highest-fidelity flight and mission simulators, surgical manikins, and personalized training programs powered by artificial intelligence. We're investing our time and resources into building the next generation of cutting-edge, digitally immersive training and critical operations solutions. Today and tomorrow, we'll make sure our customers are ready for the moments that matter. www.cae.com
Follow us on
Twitter @CAE_Inc
Facebook www.facebook.com/cae.inc
LinkedIn www.linkedin.com/company/cae
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SOURCE CAE INC. | https://www.kxii.com/prnewswire/2022/07/13/cae-unveils-new-brand-identity-logo-reflect-its-bold-vision-future/ | 2022-07-13T17:35:53Z |
ST. PAUL, Minn., Aug. 24, 2022 /PRNewswire/ -- Johnson // Becker, PLLC is a nationwide products liability law firm with experience representing victims of pressure cooker explosions. The firm has represented over 500 clients who have been severely burned by exploding pressure cookers designed and sold by numerous manufacturers.
Johnson//Becker filed this Complaint on behalf of Alyssa McGuigan, a resident of Shelton, Connecticut, alleging that manufacturer Arovast, Inc. sold a defective Cosori pressure cooker that caused serious injuries to the user.
Ms. McGuigan was burned in a pressure cooker explosion when the lid to her Cosori pressure cooker opened while still under pressure, despite Cosori's marketing claims of "ten safety measures," including "lid lock safety" and a "lid position monitor." According to the Complaint, Cosori sold this and other pressure cookers "in a defective and unreasonably dangerous condition for consumers," and failed to adequately warn users of the potential hazard posed by their product. By knowingly selling the defective Cosori pressure cooker, the manufacturer "expose[d] consumers… to serious danger in order to advance its pecuniary and monetary interests," according to the Complaint.
This suit is filed by Adam J. Kress of Johnson // Becker, PLLC. Adam exclusively handles injury cases, with an emphasis on national products liability litigation, including cases involving burn injuries from defective products.
Questions about a Cosori pressure cooker Lawsuit? Contact a Johnson//Becker lawyer today for a free case review.
If you or a loved one has been injured by a defective Cosori pressure cooker, you may want to speak with the lawyers at Johnson//Becker. We are actively filing new Cosori pressure cooker lawsuits across the country, and you may be entitled to financial compensation for your defective pressure cooker injuries.
We offer a free case evaluation. To learn more about Johnson // Becker's product liability cases, or to arrange a free, no obligation case review, please visit Johnson // Becker at https://www.johnsonbecker.com/product-liability/pressure-cooker-lawsuit/, https://www.johnsonbecker.com/product-liability/cosori-pressure-cooker-lawsuits/ or contact Johnson // Becker directly at (800) 279-6386.
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SOURCE Johnson // Becker, PLLC | https://www.kxii.com/prnewswire/2022/08/25/cosori-pressure-cooker-lawsuit-filed-connecticut/ | 2022-08-25T02:15:01Z |
The Mega Millions lottery jackpot grew to an estimated $810 million Tuesday and players are testing their luck nationwide -- including Todd Graves, the founder of fast-food restaurant chain Raising Cane's.
At $2 a ticket, Graves spent $100,000 and bought 50,000 tickets Monday, one for each of his 50,000 employees at the chicken chain with locations in 35 states.
"Times are tough out there," Raising Cane's CEO AJ Kumaran told CNN. "(Employees are) seeing it at their gas stations and gas pumps, they're seeing it on their grocery shelves ... Things aren't exactly easy these days, so when we saw there is a chance to not only have a little fun, but maybe win a little bit extra money for our people, we wanted to do it."
Tuesday's draw has an estimated cash value of $470.1 million. If won, it will be the third largest Mega Millions jackpot prize in the game's history, according to the lottery's website.
"Buying 50,000 lottery tickets is harder than you think!" Graves wrote on Twitter. "Hoping to share the winning jackpot with our 50,000 @RaisingCanes Crew."
If any of the 50,000 tickets produce a winner, Kumaran said the prize will be distributed across all employees, calling it a "collective ticket for everybody."
The feedback from employees has been nothing but excitement and anticipation for the draw, Kumaran said.
Friday's winning numbers were 14, 40, 60, 64, 66, plus the gold Mega Ball 16.
The biggest Mega Millions jackpot was $1.537 billion on October 23, 2018, and was sold in South Carolina, according to the lottery's website. Only four Mega Millions jackpots have been won to date in 2022 -- in California, New York, Minnesota and Tennessee.
If Tuesday's draw doesn't produce a winner, Kumaran said the chain plans on playing again.
"If there is no winner, we're going to buy until there is a winner," he said.
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Fandemonia in Alliance hosts collectible card games
ALLIANCE − You might not know who Gideon or Nizza Revane are.
Eevee might be a mystery, too.
Earl Fox and his staff at Fandemonia, 304 E. Main St. in downtown Alliance, know who they are. So do the loyal fans of the store.
Opened in July 2020, Fandemonia specializes in sports cards and collectible card games like Pokemon or Magic: The Gathering. Fox also has board games, sells merchandise and hosts events regularly there. Sometimes he has midnight tournaments.
Five questions with ... Sherry Groom, co-creator of the Troll Hole Museum
"The atmosphere is great," said Jack Dailey, 34, of Alliance, a regular patron. "They are super friendly."
Fox, who lives in Randolph, said is no stranger to the collectible industry, having co-owned a Hartville-area sports card shop in early 2000s. He eventually left the business, taking a break from collectibles, to pursue other interests.
After some changes in his personal life, Fox said he decided to take another shot at collectibles and mixed sports with trading card games, like Pokemon or Yu-Gi-Oh, which have a loyal fanbase.
"I just started collecting and started loading up and looking at everything," Fox said. "I put together a three-year plan and I put it on paper. I targeted the city. I felt like this city had the best potential. Canton was pretty well tapped."
Fox said his store offers a safe place for like-minded card players to find a game and make friends, or to help new players learn the games. He has free and paid events, and free tables for players to use.
All are welcome
Both adults and children are welcomed.
"We dedicated (at least) one day a week to staying open late for the second-shift guys," Fox said.
Dailey said he takes his daughters, ages 8 and 6, to Fandemonia to play Pokemon.
"It's a place where kids can go down and play," he said. "They do all kinds of stuff down there. It's all community. Everyone is invited."
Continuing, Dailey added: "If you want to learn to play, there's always someone down there willing to show you how to play."
Fox said he is one of the business owners trying to change the "stigma" of downtown Alliance, offering another family-friendly attraction there. "You got to," he said.
"Everybody who is down here is generally trying to make a difference here," Fox said.
Free tables and tournaments
Fox added that his store is open three to four nights a week after midnight.
"You can come in," he said, "and at any point in time we have free tables, and some table spaces designed for TCGs and RPGs."
Purrfect: Cat café opens in Alliance
Fox continued, saying: "We have dedicated tables set up for some of the larger ones, like Warhammer. You can come purchase sports card, single cards and sealed products."
He routinely posts tournament information on the store's Facebook page. Dailey said it seems like midnight games usually coincide with new releases.
"It's nice," Dailey said, because players can purchase new decks of cards at midnight before most people can get them from retailers.
"I just love going down to Earl's shop," he said.
Fox said the benefits of in-person tournaments include providing players with a place to enhance their social skills, learn to make decisions and incorporate math.
"There's no replacing that," online, he said.
Dailey added: "In this type of environment, hobby, whatever you call it, you call up a buddy and hope he (or she) can play a game. Sometimes it's hard to find time. With the store, you can pop in and find someone to play."
Reach Benjamin Duer at 330-580-8567 or ben.duer@cantonrep.com. On Twitter: @bduerREP.
Follow on Twitter @bduerREP
Other businesses
There are several other businesses in Stark County that host | https://www.cantonrep.com/story/news/local/alliance/2022/08/17/pokemon-magic-dungeons-yugioh-fandemonia-alliance-ohio-2022/7649720001/ | 2022-08-17T10:06:31Z |
DALLAS, June 3, 2022 /PRNewswire/ -- Berry Appleman & Leiden LLP (BAL) is once again ranked as one of the most diverse law firms in the country, ranking #1 among all firms for our percentage of Asian attorneys and #2 for Hispanic attorney representation, according to The American Lawyer's 2022 Diversity Scorecard.
"We take pride in steering the legal industry toward greater diversity, and we're thrilled to lead in the representation of Asian and Hispanic attorneys," said BAL Partner Frieda Garcia, who manages the firm's West Coast operations. "Our diverse legal team enables us to better serve clients from every corner of the globe. We look forward to continuing to grow our DE&I initiatives to provide even more leadership opportunities for legal professionals of color."
More than half, 55%, of BAL's 169 attorneys identify as people of color, and diversity is integral to the firm's leadership—52% of attorneys in supervisory roles are minorities and 38% of the firm's equity partners are minorities.
"We have always known that it's our diverse cultures and experiences that make BAL such a phenomenal place to work," said Jeremy Fudge, BAL's Managing Partner. "We want to welcome more minority partners and promote diverse rising stars, which will expand all of our perspectives. We are redoubling our efforts in minority recruiting with specific and unique programs to increase and sustain opportunities for African American and Black lawyers. It's an ongoing effort and we're in this for the long haul – in the coming years, we fully expect to lead the industry in every DE&I metric."
BAL's ranking reflects the firm's intentional efforts to create an inclusive workplace culture—leadership renewed its commitment to those efforts following the national racial reckoning in the summer of 2020. Through more than 40 DE&I initiatives such as creating a DE&I board, adding affinity groups, engaging in firmwide focus groups, and increasing minority and HBCU recruiting efforts, BAL has cultivated a culture where diverse employees feel welcomed and empowered to pursue career and personal growth.
BAL won The Best Company for Diversity in 2021 by Comparably, based solely on employee ratings. Minority employees at BAL give the firm an "A+" in rating their team, manager and compensation.
"When we recruit diverse employees, we ensure that our firm is greater than the sum of its very talented parts," said Partner Rob Caballero, who manages BAL's Houston and Austin operations. "Drawing from our unique backgrounds, we learn from and inspire each other as we make a positive difference in people's lives around the world."
BAL, the world's leading corporate immigration law firm, is singularly focused on meeting the immigration challenges of corporate clients around the world in ways that make immigration more strategic and enable businesses to be more successful. Established in 1980, BAL has consistently provided immigration expertise, people-centered client services, and leading technology innovation. BAL's Cobalt® digital immigration services platform won the 2020 CODiE Award for Best Legal Tech Product, the prestigious CIO100 award for Innovative Use of Intelligent Automation in Immigration Services, and Legalweek's Most Innovative Law Firm Operations Team of 2021. In 2018, BAL entered into a first-of-its-kind strategic alliance with Deloitte U.K. to create the world's first global immigration service delivery model. BAL has ranked #1 on multiple industry rankings for diversity, equity and inclusion, including #1 on the Diversity Scorecard by The American Lawyer (2020 and 2021), Law360's Diversity Snapshot (2020 and 2021), and the #1 Law Firm for Women according to the National Law Journal (2019, 2020 and 2021). BAL and its leaders are highly ranked in every major legal publication, including Best Lawyers, Chambers and Partners, The Legal 500, and Who's Who Legal. See website for details: https://www.bal.com.
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SOURCE Berry Appleman & Leiden LLP | https://www.wibw.com/prnewswire/2022/06/03/bal-again-ranks-among-most-diverse-law-firms-us-1-asian-attorney-representation-2-hispanic-attorneys/ | 2022-06-03T19:56:05Z |
LAS VEGAS (KLAS) – A man accused of stabbing and killing another man after an altercation on a bus reportedly told an In-N-Out Burger security guard that his alleged victim “[expletive] deserved it,” according to police documents.
On Thursday, police arrested Emanuel Beccles, 31, on charges of open murder and violating his probation. Nexstar’s KLAS obtained video of the incident, showing the In-N-Out security guard ordering the suspect to the ground.
Beccles was riding a bus with another man Thursday night when they got into an argument, officials with the Las Vegas Metro Police Department said. Beccles and the man got into a physical altercation after getting off the bus near the University of Nevada, Las Vegas, and Beccles stabbed the victim with a 10-inch knife, according to police.
At the same time, the security officer working at an In-N-Out across the street witnessed the stabbing, ran out, confronted the suspect and detained him, officials said.
Police identified the victim as Jeff Durroh.
According to police documents, the security guard said he had stepped out for a smoke break when he saw Beccles and Durroh fighting on the sidewalk. The security guard threatened to tase Beccles if he did not drop his knife, police said.
The guard then ordered the suspect to get on the ground, putting him in handcuffs until police arrived.
While on the ground, Beccles allegedly told the security guard, “He [expletive] deserved it. He antagonized me on the bus,” the documents said.
While being taken into custody, Beccles reportedly told officers, “Yeah, I stabbed that [expletive].”
As KLAS previously reported, documents indicate police arrested Beccles in February 2019 after he brandished a knife on a bus. A woman had called 911, claiming Beccles “[pulled] a knife on another passenger.”
“When the suspect noticed she was on the phone, he approached her, punched her and took her phone,” police said. Beccles also reportedly threw a rock at a bus window, breaking it.
Beccles was sentenced to probation and ordered to pay $2,300 back to the transit company after his attorney argued that he had a “consistent history of employment” and had not had “any criminal behavior in the last 15 years,” documents show.
Beccles violated his probation in June 2020, and a court hearing in December 2021 indicated his probation violation issue was unresolved after being postponed. That month, a judge ordered him to submit to a mental health evaluation. He was also not permitted to carry any weapons, including knives.
Beccles is being held without bail. | https://cw33.com/news/in-n-out-security-guard-detains-las-vegas-murder-suspect-video-shows/ | 2022-04-20T18:57:38Z |
-Distribution channels in place to streamline/facilitate patient access.
-XPOVIO® will be available in 600 hospitals and 105 DTPs (across China including Beijing, Shanghai, Guangdong, Jiangsu, Zhejiang, Henan, and Shandong).
SHANGHAI and HONG KONG, May 15, 2022 /PRNewswire/ -- Antengene Corporation Limited ("Antengene" SEHK: 6996.HK), a leading innovative, commercial-stage global biopharmaceutical company dedicated to discovering, developing and commercializing first-in-class and/or best-in-class therapeutics in hematology and oncology, announces that its first commercialized product, the oral XPO1 inhibitor XPOVIO® (selinexor) approved for the treatment of relapsed/refractory multiple myeloma (R/R MM), has officially entered multiple hospitals, online-hospitals, and direct-to-patient (DTP) pharmacies in mainland China and widely prescribed in the country for the first time at Shanghai Jiaotong University School of Medicine Ruijin Hospital, Shanghai Jiaotong University School of Medicine Renji Hospital, Tongji Hospital of Tongji University, Shanghai Sixth People's Hospital, Shanghai Jiaotong School of Medicine St. Luke's Hospital, and the PLA Naval Medical Center. By the end of May, selinexor will be expeditiously rolled out to approximately 600 hospitals and 105 DTPs in over 30 provinces, autonomous regions, and municipalities including Beijing, Shanghai, Guangdong, Jiangsu, Zhejiang, Henan, and Shandong, providing Chinese MM patients across the country with an easy to access to this new treatment option.
Expeditious Launch of Novel Targeted Therapy for Unmet Cancer Need
Multiple myeloma (MM) is the second most common hematologic malignancy in China, accounting for approximately 10% of all hematologic malignancy incidences. The number of new diagnoses of MM has been rising year after year, thus presenting a rapidly growing medical need.[1] Strikingly, more patients are diagnosed at younger ages.
The prior standard of care for MM has been based on treatment with a combination of therapies including dexamethasone, proteosome inhibitors, immunomodulatory agents and an anti-CD38 monoclonal antibody. Despite the availability of these therapies, MM remains a hard-to-treat cancer. Most patients with MM experience at least one relapse,[2][3] with each relapse resulting in a shorter duration of response. In particular, those patients relapsed after third- or forth-line treatments have a poor prognosis and limited treatment options,[4][5] with a median progression-free survival (PFS) of only 3-6 months and an overall survival (OS) of about 6 months.
In July 2019, the U.S. Food and Drug Administration (FDA) approved a new drug application (NDA) for XPOVIO® , the world's first oral selective inhibitor of nuclear export protein-1 (XPO1) approved for combination use with low-dose dexamethasone for the treatment of patients with R/R MM who have received at least four prior therapies and whose disease is refractory to at least two proteosome inhibitors, at least two immunomodulatory agents and an anti-CD38 monoclonal antibody. Less than a year after that, the FDA granted approval for another indication for XPOVIO®, as a monotherapy for the treatment of patients with relapsed/refractory diffuse large B-cell lymphoma (R/R DLBCL). In December 2020, XPOVIO® obtained its third FDA-approved indication, for combination use with bortezomib and dexamethasone in treatment of adult patients with MM who previously received at least one prior therapy.
To address the urgent medical need of MM patients in China, Antengene raced against time and dedicated significant resources to bringing this novel drug to the country. On December 14, 2021, selinexor was approved through a priority review process by the China National Medical Products Administration (NMPA), for the treatment of adults with R/R MM who previously received treatment with at least three agents including a proteosome inhibitor, an immunomodulatory agent and an anti-CD38 monoclonal antibody.
Prof. Xiaojun Huang, at Peking University People's Hospital, commented, "R/R MM remains a major clinical challenge with limited treatment options for relapsed patients. I am glad that selinexor is available in China and can start benefiting Chinese patients right away. The introduction of this novel therapy represents a clinical breakthrough bringing the country one step closer to advanced targeted therapies that are already available to patients in developed countries."
Prof. Jianxiang Wang, at the Hematology Institute of the Chinese Academy of Medical Sciences, noted, "I am pleased that selinexor has entered clinical application and now being prescribed to Chinese patients in need. This innovative drug has demonstrated an impressive clinical profile in the MARCH study, including favourable safety and tolerability, and clear efficacy with an overall response rate (ORR) of 29.3% and a median OS of 13.2 months.[6] Moreover, this novel drug offers fast onset of actions and the convenience of once-weekly oral administration that simplifies the treatment regimen and spares patients from the ordeal of frequent injections."
Prof. Depei Wu, at the First Affiliated Hospital of Soochow University, said, "MM poses a growing threat to people's health in China. To effectively treat this condition, it requires early diagnosis, early treatment and timely adjusted treatment plans. I am thrilled that selinexor is now available to patients in China. I believe this new therapy will offer multiple myeloma patients significantly deeper responses, longer survival, and improved prognosis."
Prof. Jun Ma, at the Harbin Institute of Hematology&Oncology, added, "selinexor has a novel mechanism of action that delivers synergistic effects in combination with a number of readily available agents indicated for multiple myeloma. I am confident that we will be able to gain deeper insight from our clinical experience with selinexor-based combination therapies, thus bringing greater clinical benefit to patients."
Prof. Yu Hu, at the Union Hospital of Tongji Medical College, Huazhong University of Science and Technology, remarked, "I am thrilled that selinexor can now be prescribed to patients in China. I believe this novel therapeutic offers a much-needed strategy that will bring renewed hope and improved health to many patients. I hope to see more novel medicines like selinexor, utilizing innovative mechanisms to bring new treatment options and potential curative care to patients, become available in China."
Integrated Distribution Channels, Coordinated Efforts to Fast Track Adoption
To make selinexor available to Chinese patients as swiftly as possible, Antengene has built world-class operations and commercial teams and established extensive strategic collaborations with Shanghai Pharmaceutical Lin-Gang Special Area Co., Ltd, the exclusive importer and national distributor of selinexor in China, and the provincial subsidiaries of Shanghai Pharmaceutical Co., Ltd, a Tier I distributor of selinexor in China, as well as a few other leaders in the across the product supply chain, such as DTP pharmacies under SPH Health Commerce Co., Ltd, the headquarters and provincial subsidiaries of SinoPharm Distribution Co., Ltd, China Resources Hunan Ruige Pharmaceutical Co., Ltd, Medbanks, LinkDoc, and Zhejiang INTYN Pharmacy Franchise Co., Ltd. Upon approval, Antengene promptly mobilized an internal team and external partners to secure supply chain readiness covering customs clearance, warehousing, quality assurance, distribution, and transportation. This coordinated effort paved the way for the rapid clinical application of selinexor across mainland China, hence benefiting many patients in need.
"Honoring our mission of Treating Patients Beyond Borders, we aim to leverage our global presence and extensive network of partners to commercialize practice-changing innovative therapies, and rapidly build out our distribution network to introduce high-quality innovative drugs to Chinese patients." said Dr. Jay Mei, Antengene's Founder, Chairman and CEO. "To have selinexor entering clinical practice and widely prescribed and utilized in mainland China vastly expands the drug's accessibility for patients. Committed to serving patients in need, our overseas teams are racing against time to secure the accessibility of this life-saving drug for patients in South Korea, Singapore and Australia, where selinexor was also granted approvals. Moving forward, we will continue to expand our distribution network to allow more patients to benefit from the important therapy."
Novel Mechanism with Broad Potential to be Combined with Other Therapies
Selinexor is the world's first orally-available, selective inhibitor of the nuclear export protein XPO1. Selinexor promotes the intra-nuclear accumulation and activation of tumor suppressor proteins and growth regulating proteins, down-regulating the levels of multiple oncogenic proteins, and activating the glucocorticoid receptors (GR) pathway, ultimately resulting in antitumor effects.
Utilizing this innovative mechanism of action, selinexor has demonstrated combinatory potential with multiple therapeutic agents including dexamethasone, proteasome inhibitors (PIs), immunomodulatory drugs (IMiDs), daratumumab, cyclophosphamide, adriamycin, and melphalan. To date, six selinexor-based regimens have received a total of 11 recommendations by numerous leading medical societies, including the National Cancer Care Network (NCCN) Guidelines, the Guidelines for the Diagnosis and Danagement of Multiple Myeloma in China, and the European Society of Medical Oncology (ESMO) Guidelines.
At present, Antengene is conducting a total of 10 clinical studies of selinexor in mainland China (3 are being jointly conducted by Antengene and Karyopharm Therapeutics Inc. [Nasdaq:KPTI]), including several late-stage clinical trials, for the treatment of a range of relapsed/refractory hematologic malignancies and advanced solid tumors such as relapsed/refractory multiple myeloma, relapsed/refractory diffused large B-cell lymphoma and indolent lymphoma, relapsed/refractory T and NK-cell lymphoma, and recurrent/metastatic cervical/endometrial/ovarian cancers.
Note: XPOVIO® is a prescription drug that should only be used under doctors' instructions. Should you need any advice on the use of this drug, please consult your local hospitals or pharmacies.
About Antengene
Antengene Corporation Limited ("Antengene", SEHK: 6996.HK) is a leading commercial-stage R&D-driven global biopharmaceutical company focused on innovative first-in-class/best-in-class therapeutic medicines for cancer and other life-threatening diseases. Driven by its vision of "Treating Patients Beyond Borders", Antengene aims to provide the most advanced anti-cancer drugs to patients in the Asia Pacific Region and around the world. Since initiating operations in 2017, Antengene has obtained 23 investigational new drug (IND) approvals in the US and in Asia, submitted 6 new drug applications (NDAs) in multiple Asia Pacific markets, with the NDA for selinexor/ATG-010/XPOVIO® in China, South Korea, Singapore and Australia approved. Leveraging partnerships as well as in-house drug discovery, Antengene has built a broad and expanding pipeline of 15 clinical and pre-clinical assets. Antengene has global rights on 10 programs and Asia Pacific rights, including the Greater China region, on 5 programs.
Forward-looking statements
The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect. In this article, statements of, or references to, our intentions or those of any of our Directors or our Company are made as of the date of this article. Any of these intentions may alter in light of future development. For a further discussion of these and other factors that could cause future results to differ materially from any forward-looking statement, see the section titled "Risk Factors" in our periodic reports filed with the Hong Kong Stock Exchange and the other risks and uncertainties described in the Company's Annual Report for year-end December 31, 2021, and subsequent filings with the Hong Kong Stock Exchange.
References:
[1]. http://pdf.dfcfw.com/pdf/H3_AP201805311150832442_1.PDF
[2]. http://www.cqvip.com/qk/97751b/201301/44904542.html
[3]. http://www.cqvip.com/qk/90720x/200512/20729438.html
[4]. https://www.liangyihui.net/doc/68236
[5]. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7342214/
[6]. https://bmcmedicine.biomedcentral.com/articles/10.1186/s12916-022-02305-4
For more information, please contact:
Investor Contacts:
Donald Lung
E-mail: Donald.Lung@antengene.com
Mobile: +86 18420672158
PR Contacts:
Peter Qian
E-mail: Peter.Qian@antengene.com
Mobile: +86 13062747000
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SOURCE Antengene Corporation Limited | https://www.wibw.com/prnewswire/2022/05/16/antengene-announces-commercial-availability-xpovio-selinexor-treatment-relapsedrefractory-multiple-myeloma-prescribed-first-time-across-mainland-china/ | 2022-05-16T03:58:35Z |
MEXICO CITY, May 19, 2022 /PRNewswire/ -- Grupo Financiero Banorte Chairman Carlos Hank González announced today that Banorte, already an industry leader in sustainability financing, will share its expertise with government budget officials wanting to become more eco-friendly.
Banorte, the largest Mexican financial institution, is partnering with the United Nations Development Programme (UNDP) in Mexico to provide training to help state and municipal governments build budgets that include "results-based" sustainable development goals.
The UN-designed program will bring financial discipline tools closer to federal states and municipalities in Mexico, as well as offer ideas for productive public works.
"I am convinced that together we can promote sustainable development in Mexico. Today, we strongly recognize the importance of reaching this goal, and we want to help motivate and support others to achieve it as well," said Banorte Chairman Carlos Hank González.
The program calls for:
- A series of trainings, provided by UNDP, Banorte and others, to raise awareness among officials overseeing state and local public works and expenditures.
- Development of a methodological guide to support the "17 Sustainable Development Goals," adopted by all UN member states as part of the 2030 Agenda to end poverty and to protect the planet and its natural resources.
- Assistance for subnational government officials involved in public budgeting to develop technical capacities that allow them to use sustainable-centric tools.
Joining in the announcement, Lorenzo Jiménez, the UNDP Mexico representative, said the program will allow state and municipal governments to translate national priorities into local actions, driving the "localization" of public policies and the 2030 Agenda.
Although the private sector must be involved in an integral sense, he said, states and municipalities are best positioned to champion sustainable-centric budgets that reflect local needs.
Mexico's Undersecretary of Finance and Public Credit, Gabriel Yorio González, praised the collaboration between Banorte and UNDP. He called it an "important step being taken for consolidating the sustainable finance development agenda in our country."
Banorte said the initiative is aligned with its commitment as the main bank in providing financial services to the governments of the country's states and municipalities – and reflects the bank's adoption of environmental, social and governance (ESG) factors in its operations.
Carlos Hank González said the transition to a greener economy depends on creating sustainable prosperity, especially through the integration and management of the environmental, climate and social risks at the core of business strategies.
At Banorte, that includes its support of the Principles of Responsible Banking and the UN Net Zero Banking Alliance to promote sustainable consumption practices among its customers.
About Grupo Financiero Banorte
Grupo Financiero Banorte is the largest Mexican financial institution. It offers financial services to individuals and companies through its businesses: banking, brokerage, fund operator, insurer, pension, leasing and factoring, warehouse, portfolio manager and the remittance company Uniteller. It also integrates the largest retirement savings fund in the country by asset management. Grupo Financiero Banorte is a public company listed on the main indicator of the Mexican Stock Exchange, and has 31,000 employees, more than 1,100 branches and 9,600 ATMs.
Website: carloshankgonzalez.com
Twitter: @CarlosHankG
Facebook: CarlosHankGonzalezBanorte
LinkedIn: carloshankgonzalez
Facebook: Grupo Financiero Banorte
Twitter: @GFBanorte_mx
LinkedIn: Grupo Financiero Banorte
Media contact
Francisco Rodríguez Daniel
Executive Director of Corporate Communication
francisco.rodriguez.daniel@banorte.com
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SOURCE Grupo Financiero Banorte | https://www.wibw.com/prnewswire/2022/05/19/carlos-hank-gonzlez-banorte-un-launch-training-help-states-municipalities-mexico-design-sustainable-budgeting/ | 2022-05-19T11:25:40Z |
WEST PALM BEACH, Fla., Aug. 23, 2022 /PRNewswire/ -- The Iscoe Law Firm, one of Florida's leading personal injury attorney teams, wants to raise awareness on unsafe products particularly when the defective product in question is a toy.
"Children are the most vulnerable among us, and when manufacturers put profits before the safety of children, it makes matters that much more difficult," said Gary T. Iscoe, Esq. Founding Partner of Iscoe Law. "If your child has been injured by an unsafe toy, don't wait to consult with an experienced Florida unsafe toy attorney."
While every unsafe toy claim is unique to the circumstances involved, some of the most common types of toy-related accidents include:
- Tricycles that crash
- Balloons that lead to airway obstruction, choking, aspiration, or asphyxiation
- Marbles, small rubber balls, and toy plastic foods that are inviting to chew on but that can lead to choking and asphyxia
- Toys with sharp edges that cause lacerations
If your child has been injured by an unsafe toy, there are several steps that you can take to help protect his or her health and your unsafe toy claim (brought on his or her behalf).
If your child has been injured by an unsafe toy, the most important step you can take is obtaining the medical attention that he or she needs as soon after the injury-causing accident as possible.
The next order of business is consulting with an experienced attorney as soon after the accident. These claims are complicated, and bringing your strongest claim is critical.
Since 1991, Gary T. Iscoe, a Trial Lawyer, has been dedicated to holding the powerful accountable for taking advantage of the powerless. From representing clients in severe injury cases, wrongful death cases, class actions, and other lawsuits including medical malpractice, and product liability. Gary and his team understand Florida's complex personal injury laws.
Iscoe Law fights hard for the injured and holds auto insurers like State Farm, Allstate, Progressive, GEICO, Liberty Mutual accountable for the pain and suffering, medical expenses, lost wages, and other damages suffered by its clients.
Iscoe Law offers a free initial consultation at one's home, office, hotel, or hospital. For more information or schedule a free consultation, call 800-800-6500 or visit www.iscoelaw.com
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SOURCE Iscoe Law | https://www.mysuncoast.com/prnewswire/2022/08/23/iscoe-law-sounds-alarms-unsafe-toys/ | 2022-08-23T11:38:28Z |
Seasoned brand and communications strategist joins technology solutions company to elevate brand during period of hypergrowth
MOUNTAIN VIEW, Calif., July 11, 2022 /PRNewswire/ -- BairesDev®, a leading technology solutions company, announced today that Samuel Bauer has been named Senior Vice President of Brand and Communications. Bauer will head efforts to elevate the company's global brand and reputation as one of the most trusted nearshore technology companies in the United States.
"Samuel's deep expertise in brand and communications in the technology industry combined with his enthusiastic and creative approach will be a key addition to our team," said Nacho De Marco, CEO and co-founder of BairesDev. "Samuel will play a central role in taking our brand to new heights as we journey through our continued hyper-growth phase."
Prior to joining BairesDev, Bauer was Head of Communications and Brand at Meta. He also previously served as the Chief of Strategy and Communications Officer at Dun and Bradstreet, LatAm, and in the Bureau of Management at the United Nations. He holds advanced degrees from internationally-recognized institutions, such as Harvard University, Universitat Autònoma de Barcelona, Zicklin School of Business, and Universitat de Barcelona.
"BairesDev is at a critical time in its growth, and I'm ecstatic to be joining this team of seasoned brand, communications and technology professionals," said Bauer. "I look forward to growing this team and working to bring BairesDev's unique value proposition and incredible talent to businesses across the US."
Bauer's hiring comes amid massive growth at BairesDev, including revenue growth of at least 110 percent this year and new projections of at least 10,000 employees by the end of 2024.
About BairesDev
BairesDev is a leading Nearshore Technology Solutions company that architects and engineers scalable and high-performing software solutions to meet all kinds of business challenges. Using its deep tech expertise and cross-industry experience, BairesDev evolves digital transformation into digital acceleration. The ultimate goal is to create lasting value throughout the entire digital transformation journey. With 5,000+ seasoned engineers in 36 countries, BairesDev provides time zone aligned services to empower Fortune 500 companies and leading brands. Working for clients like Google, Rolls-Royce, Johnson & Johnson, Pinterest, and ViacomCBS, the company has been reimagining the tech landscape for over a decade.
For more information, please visit https://www.bairesdev.com
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SOURCE BairesDev | https://www.kxii.com/prnewswire/2022/07/11/bairesdev-names-samuel-bauer-svp-brand-communications/ | 2022-07-11T13:50:18Z |
Trump says he’s testifying Wednesday in NY investigation
WASHINGTON (AP) - Former President Donald Trump will be questioned under oath Wednesday in the New York attorney general’s long-running civil investigation into his dealings as a real estate mogul, he confirmed in a post on his Truth Social account.
Trump’s testimony comes amid a flurry of legal activity surrounding him, taking place just days after FBI agents searched his Mar-a-Lago estate in Florida as part of an unrelated federal probe into whether he took classified records when he left the White House.
The New York civil investigation, led by Attorney General Letitia James, involves allegations that Trump’s company, the Trump Organization, misstated the value of prized assets like golf courses and skyscrapers, misleading lenders and tax authorities.
“In New York City tonight. Seeing racist N.Y.S. Attorney General tomorrow, for a continuation of the greatest Witch Hunt in U.S. history!” Trump wrote on Truth Social, invoking his oft-repeated claims about James, who is Black, and the investigation.
“My great company, and myself, are being attacked from all sides,” Trump added. “Banana Republic!”
Messages seeking comment were left with James’ office and with Trump’s lawyer.
Trump’s testimony is happening at a critical point in James’ investigation, midway through a pivotal week in his post-presidency.
In May, James’ office said that it was nearing the end of its probe and that investigators had amassed substantial evidence that could support legal action, such as a lawsuit, against Trump, his company or both.
The Republican billionaire’s deposition — a legal term for sworn testimony that’s not given in court — is one of the few remaining missing pieces, the attorney general’s office said.
Two of Trump’s adult children, Donald Jr. and Ivanka, testified in the investigation in recent days, two people familiar with the matter said. The people were not authorized to speak publicly and did so on condition of anonymity.
The Trumps’ testimony had initially been planned for last month but was delayed after the July 14 death of the former president’s ex-wife, Ivana Trump, the mother of Ivanka, Donald Jr. and another son, Eric Trump, who sat for a deposition in James’ investigation in 2020.
On Friday, the Trump Organization and its longtime finance chief, Allen Weisselberg, will be in court seeking dismissal of tax fraud charges brought against them last year in the Manhattan district attorney’s parallel criminal probe.
James, a Democrat, has said in court filings that her office has uncovered “significant” evidence that Trump’s company “used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions.”
James alleges the Trump Organization exaggerated the value of its holdings to impress lenders or misstated what land was worth to slash its tax burden, pointing to annual financial statements given to banks to secure favorable loan terms and to financial magazines to justify Trump’s place among the world’s billionaires.
The company even exaggerated the size of Trump’s Manhattan penthouse, saying it was nearly three times its actual size — a difference in value of about $200 million, James’ office said.
Trump has denied the allegations, explaining that seeking the best valuations is a common practice in the real estate industry. He says James’ investigation is part of a politically motivated “witch hunt” and that her office is “doing everything within their corrupt discretion to interfere with my business relationships, and with the political process.”
“THERE IS NO CASE!” Trump said in a February statement, after Manhattan Judge Arthur Engoron ruled that James’ office had “the clear right” to question Trump and other principals in his company.
While James has explored suing Trump or his company, the Manhattan district attorney’s office has long pursued a parallel criminal investigation.
That probe had appeared to be progressing toward a possible criminal indictment, but slowed after a new district attorney, Alvin Bragg, took office in January.
A grand jury that had been hearing evidence disbanded. The top prosecutor who had been handling the probe resigned after Bragg raised questions internally about the viability of the case.
Bragg has said his investigation is continuing, which means that Trump could invoke his Fifth Amendment right against self-incrimination and decline to answer questions from James’ investigators.
According to the subpoena issued by James’ office, Trump was to appear in person at the attorney general’s office, located in a Manhattan office tower that has doubled as the fictional conglomerate Waystar Royco’s headquarters on HBO’s “Succession.”
As vociferous as Trump has been in defending himself in written statements and on the rally stage, legal experts say the same strategy could backfire in a deposition setting because anything he says could potentially be used against him or his company in the criminal investigation. No former president has even been charged with a crime.
In fighting to block the subpoenas, lawyers for the Trumps argued New York authorities were using the civil investigation to get information for the criminal probe and that the depositions were a ploy to avoid calling them before a criminal grand jury, where state law requires they be given immunity.
Last summer, spurred by evidence uncovered by James’ office, Manhattan prosecutors filed charges against Weisselberg and the Trump Organization. Prosecutors said Weisselberg collected more than $1.7 million in off-the-books compensation.
Weisselberg and the company have pleaded not guilty.
Weisselberg and Eric Trump each invoked the Fifth Amendment more than 500 times when questioned by James’ lawyers during separate depositions in 2020, according to court papers.
The former president could choose to do the same, but it’s likely “he’ll claim lack of knowledge on many questions,” New York University law professor Stephen Gillers said.
That could be a successful strategy, since Trump is known as more of a “big-picture guy” Gillers said. “So he’ll answer the big-picture questions and those answers will be general enough to keep him out of trouble, or so his lawyers will hope.”
“On the other hand, his impetuosity makes him a lawyer’s nightmare and his overconfidence may lead him astray. Whoever questions him will encourage that,” the professor added.
Once her investigation wraps up, James could decide to bring a lawsuit and seek financial penalties against Trump or his company, or even a ban on them being involved in certain types of businesses.
___
Associated Press writer Jill Colvin in New York contributed to this report.
___
On Twitter, follow Michael Balsamo at twitter.com/mikebalsamo1 and Michael Sisak at twitter.com/mikesisak
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/10/trump-says-hes-testifying-wednesday-ny-investigation/ | 2022-08-10T07:13:28Z |
The Indian Air Force said on August 23 that the government had sacked three officers for accidentally firing a missile into Pakistan in March. The BrahMos cruise missile was developed as a joint venture between India and Russia.
The Indian Air Force said on Tuesday the government had sacked three officers for accidentally firing a missile into Pakistan in March, an incident that the two nuclear-armed rivals handled calmly as there were no casualties.
Military experts have in the past warned of the risk of accidents or miscalculations by the neighbors, which have fought three wars and engaged in numerous smaller armed clashes, usually over the disputed territory of Kashmir.
The BrahMos missile -- a nuclear-capable, land-attack cruise missile jointly developed by Russia and India -- was fired on March 9, prompting Pakistan to seek answers from New Delhi on the safety mechanisms in place to prevent accidental launches.
"A Court of Inquiry, set up to establish the facts of the case, including fixing responsibility for the incident, found that deviation from the standard operating procedures by three officers led to the accidental firing of the missile," the air force said in a statement.
It said the government had dismissed the three officers with immediate effect on Tuesday.
According to the US-based Arms Control Association, the BrahMos missile's range is between 300 kilometers (186 miles) and 500 kilometers (310 miles), making it capable of hitting Pakistan's capital Islamabad from a northern Indian launch pad.
Travis d'Arnaud homered during a five-run fifth inning and left-hander Max Fried pitched eight strong innings Tuesday in the visiting Atlanta Braves' 6-1 win over the Pittsburgh Pirates. The Braves have won five of their past six games and 13 of 15 while matching a season high with their eig… Click for more.
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TORONTO, May 3, 2022 /PRNewswire/ - Integracare Inc. a leader in private home healthcare in Toronto and Mississauga has acquired Guardian Home Care ("Guardian").
Guardian Home Care provides high quality senior home care services in Toronto and surrounding area. Guardian's main Senior care services are personal care and in-home nursing, including overnight care. Guardian's private Senior care can be delivered at home, in a retirement home, in long term care, and at bedside in the hospital.
"We are excited for our Clients and our Caregivers to be joining the Integracare Group of Companies." said Jill Aiken, founder of Guardian Home Care. "Integracare's reputation for providing the highest quality care and strong 24/7 Nursing Care Management is what attracted us to Integracare."
"Guardian has a great reputation and has been led by a dedicated advocate for better care for people living with Dementia in Toronto. We share Jill's passion and we are excited to help enhance Ontarians ability to receive high quality Dementia Care and personal support in the comfort and safety of their own homes." Lee Grunberg, CEO of Integracare.
About Integracare: lntegracare provides a wide range of private nursing care and personal support services for individuals in their homes, hospitals, retirement residences and long-term care facilities. Its services, while encompassing all levels of nursing care, have always included a wide range of related services that address the needs of their clients while promoting joyful living and helping Integracare Clients maintain their independence and dignity.
For more information about lntegracare, contact us at 396 Moore Ave., Toronto, Ontario, M6C 3A8, (416) 421-4243, or visit https://integracare.on.ca
Related Links
https://integracare.on.ca
https://guardianhomecaretoronto.com/
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SOURCE Integracare Inc | https://www.mysuncoast.com/prnewswire/2022/05/03/integracare-acquires-guardian-home-care/ | 2022-05-04T00:06:29Z |
AUSTIN, Texas, July 15, 2022 /PRNewswire/ -- Sonim Technologies (Nasdaq: SONM) today announced the launch of the XP5plus on the AT&T network, which offers the best of both cellular and radio-like capabilities for businesses and employees working in extreme conditions.
The XP5plus builds on the legacy of its predecessor, the XP5s, one of the most widely used PTT-over-Cellular ultra-rugged devices among frontline workers and first responders who need instant reliable communications when it matters most. The new XP5plus is purpose-built for critical communications and includes many features that enhance the Push-to-Talk (PTT) experience. At the top of its long list of new features is a version with two easy-to-use control knobs – for channel select and volume control. PTT can now be accessed without users ever taking their eyes off the mission in front of them.
With longer battery life and a larger screen, the XP5plus raises the bar on what a device can do. Third-party tested and validated to MIL-STD-810H, this rugged device is drop proof and waterproof and will thrive in the most punishing conditions. Sonim is long recognized for the superior audio quality built into all its devices. The XP5plus does not disappoint with Goodix echo and noise cancellation technology built into the new 100dB+ speakers.
"We are pleased to continue our relationship with AT&T and provide businesses with the latest rugged communications that will unlock mission-critical team communication and outlast any given day in the field," said Peter Liu, CEO, Sonim Technologies.
The XP5plus is also FirstNet Ready®, which means first responders can use it to tap into specialized capabilities designed to meet their needs on FirstNet® – the only nationwide, high-speed broadband communications platform dedicated to and purpose-built for America's first responders and the extended public safety community. First responders maintain voice communications with always-on priority and preemption on LTE, while the intuitive FirstNet network determines the best route for data traffic, whether that's 5G or LTEi.
The XP5plus is packed with other extra features including SonimWare Enterprise Mobility Software that helps customers more easily deploy, manage and support mobile devices in the field. The Sonim SecureAudio Connector provides secure, more reliable connections so audio accessories and Remote Speaker Microphones (RSM) are locked in place and always ready, even while engaged in rigorous activity. It is compatible with a wide range of industrial grade accessories including headsets, RSMs, vehicle mounts and more. The XP5plus also comes with Sonim's 3-year comprehensive warranty which lowers the total cost of ownership, especially compared to consumer devices.
The XP5plus will be available online and in AT&T stores on Friday, July 15. For more information, visit Sonim XP5plus.
FirstNet and the FirstNet logo are registered trademarks and service marks of the First Responder Network Authority. All other marks are the property of their respective owners.
Sonim Technologies is a leading U.S. provider of ultra-rugged mobility solutions designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The Sonim solution includes ultra-rugged mobile phones, a suite of industrial-grade accessories, and data and workflow applications which are collectively designed to increase worker productivity, communication and safety on the job site. Please visit https://sonimtech.com/.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to, among other things, the expected timing of the availability of Sonim's XP5 Plus and XP10 5G smartphones, the expected market demand for these products and the expected benefits from the proposed equity investment by AJP. These forward-looking statements are based on Sonim's current expectations, estimates and projections about its business and industry, management's beliefs and certain assumptions made by Sonim, all of which are subject to change. Forward-looking statements generally can be identified by the use of forward-looking terminology such as, "future", "believe," "expect," "may," "will," "intend," "estimate," "continue," or similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include, but are not limited to, the following: Sonim's ability to continue as a going concern and improve its liquidity and financial position; the risk that the proposed equity investment in Sonim by AJP as disclosed in April 2022 may be consummated on a timely basis, if at all; Sonim's exploration of strategic or financial alternatives may not result in any transaction or alternative that enhances value; risks related to Sonim's ability to comply with the continued listing standards of the Nasdaq Stock Market and the potential delisting of Sonim's common stock; Sonim's ability to continue to develop solutions to address user needs effectively, including its next generation products; anticipated sales levels of both new and legacy products; Sonim's reliance on its channel partners to generate a substantial majority of its revenues; the limited operating history in Sonim's markets; Sonim's ongoing restructuring and transformation of its business; the variation of Sonim's quarterly results; the lengthy customization and certification processes for Sonim's wireless carries customers; the impact of the COVID-19 pandemic; and the ongoing Securities and Exchange Commission investigation on Sonim's business, as well as the other risk factors described under "Risk Factors" included in Sonim's Annual Report on Form 10-K for the year ended December 31, 2021, and any risk factors contained in subsequent quarterly and annual reports it files with the Securities and Exchange Commission (available at www.sec.gov). Sonim cautions you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Sonim assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.
i FirstNet and the FirstNet logo are registered trademarks and service marks of the First Responder Network Authority. All other marks are the property of their respective owners. Plans sold separately. Limited to eligible public safety entities (first responders and select support personnel). Limited availability; Coverage not available everywhere. Additional restrictions apply. See http://www.firstnet.com for details. 5G+ Service: Req's a compatible 5G+ device, FirstNet SIM, FirstNet 5G rate plan, and no Custom APN. Not avail. in most areas; 5G+ service is avail. only in limited parts of select cities. Other restrictions apply.
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SOURCE Sonim Technologies, Inc. | https://www.wibw.com/prnewswire/2022/07/15/sonim-technologies-launches-new-xp5plus-rugged-device-with-atampt/ | 2022-07-15T13:35:34Z |
The campaign will bring to life the University's strategic vision and campus master plan, including expansion of the athletics complex
PHILADELPHIA , May 6, 2022 /PRNewswire/ -- Saint Joseph's University has launched a historic $300 million comprehensive campaign — SOAR: The Campaign for Saint Joseph's University — to fund multiple capital projects on its Hawk Hill campus, increase access to education through financial aid and scholarships, and further academic and mission innovation.
"Our plans are bold and they are critical in every way," says President Mark C. Reed, Ed.D. "Our next steps forward will determine how Saint Joseph's shapes tomorrow's leaders who go out and make a direct and meaningful impact on our world."
Of its $300-million goal, the comprehensive campaign will focus on three major priorities:
- $150 million in the investment of an elite campus experience, enhancing the living and learning facilities of its residential campus.
- $75 million in support of endowed and current-use scholarships with an emphasis on financial need.
- $75 million to furthering the University's excellence in academics, research, scholarship, pedagogy and mission-driven programs that advance the common good.
"Support from the Saint Joseph's community has always driven our vision forward and the SOAR campaign will be no different," says Joe Kender, vice president of university relations. "This campaign is our unwavering commitment to always strive for more."
In recent decades, the University has capitalized on timely opportunities to expand its footprint at a steady pace, nearly doubling its grounds to 125 acres. SOAR's campus enhancement projects will leverage this strength:
- Upgrades to Saint Joseph's Hawk Hill campus athletics complex will provide multi-use facilities for student-athletes to practice, train and study; enhance the fan experience; and build spaces for the community to gather. Also included are dedicated practice facilities for the men's and women's basketball programs.
- The renovation of the University's fitness and recreation facilities will create a hub for campus wellness, improving spaces for group classes, intramurals and activities; and expanding space for fitness equipment.
- A pedestrian underpass will burrow beneath City Avenue to join the Philadelphia and Lower Merion parts of campus to ensure safe passage for students, faculty, staff and neighboring community members.
- A new facility for Saint Joseph's renowned Kinney Center for Autism Education and Support will expand the center's research, services, special programs, education and training programs. A particular focus on job readiness and vocational training strengthens Kinney's evolution by supporting a generation of individuals with autism who are now entering the workforce.
"Hawk Hill is the place where students are challenged and supported to even greater academic excellence, where they discover more of themselves and the world, where leaders are formed," says James M. Norris '85, chair of Saint Joseph's Board of Trustees. "Place matters — and that is why these investments in Saint Joseph's campus are so critical."
Already, the impact of SOAR: The Campaign for Saint Joseph's can be seen on campus. The University recently completed renovations of the Frances M. Maguire Art Museum located within the Barnes Arboretum at Saint Joseph's. The museum originally housed the famed Barnes impressionist collection, and will open again to visitors in spring of 2023 as a dynamic, modern educational gallery that also serves the surrounding community with K-12 programming.
To date, SOAR has already raised $140 million toward its goal. For more information, visit sju.edu/soar.
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SOURCE Saint Joseph's University | https://www.kxii.com/prnewswire/2022/05/06/saint-josephs-university-launches-300m-campaign-advance-student-experience/ | 2022-05-06T17:02:59Z |
NEW YORK, June 30, 2022 /PRNewswire/ -- Montran Corporation and eCurrency Mint announced today the successful integration of Montran's Real Time Gross Settlement (RTGS) with eCurrency's Central Bank Digital Currency (CBDC) platform. As a result, CBDC is seamlessly interfaced with central bank currency management payment operations. The first implementation is the Bank of Jamaica which currently has Montran's RTGS deployed for final settlement in Jamaican Dollars and is in the process of a national rollout of the eCurrency solution to provide Jamaica's Central Bank Digital Currency, Jam-Dex.
CBDC is issued under a well-defined set of governance, security and management processes similar to the issuance and distribution of today's notes and coins. CBDC must seamlessly interface with the central banking systems used for the payment and settlement of currency issued and redeemed to/from intermediary banks responsible for the distribution of digital currency to the public. The RTGS is the settlement and clearing infrastructure provided by the Central Bank. RTGS serves as a core function of the Central Bank and remains critical to the implementation of monetary and financial stability policies.
The collaboration between Montran and eCurrency provides Central Banks with the same level of control and efficiency on CBDC issuance and redemption as notes and coins. This comprehensive solution automates the process in which participants order CBDC and settle the order in the RTGS system, similar to the processes used for physical currency, with the added efficiency of digital currency. The solution is open and caters to standard messaging formats. It is also fully configurable to meet different country requirements and environments.
"This is a groundbreaking development by our two companies and is the first CBDC implementation to achieve this level of integration and interoperability. We are excited to be working with eCurrency to continue to innovate with CBDC and enable instant payments with Montran's ISO20022 compliant Instant Payments Solution," said Charles Walsh, Executive Vice President, Montran. "This is fully in line with Montran's overall strategy to extend and expand our existing strategic partnerships with our Central Bank clients in the Caribbean and around the world".
eCurrency is a pioneer in Central Bank Digital Currency. It is the world's first true retail CBDC solution enabling Central Banks to mint, issue, circulate and redeem CBDC as secure digital bearer instruments. CBDC is issued as legal tender and distributed through existing banking and fintech ecosystems. "We are delighted to form this partnership with Montran to provide a comprehensive solution for our central bank clients as they deploy and distribute CBDC in their national ecosystem", said Jonathan Dharmapalan, eCurrency CEO.
Montran Corporation is the world leader in providing comprehensive ISO20022 compliant Payment Market Infrastructure Solutions in over 70 countries. This includes complete national payment ecosystems for the clearing and settlement of wholesale, retail and instant payments for Central Banks, Central Clearing Institutions and Payment System Operators.
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SOURCE eCurrency Mint Inc. | https://www.wibw.com/prnewswire/2022/06/30/montran-ecurrency-announce-very-first-cbdc-solution-fully-integrated-with-central-banks-rtgs-solution-central-bank-currency-management/ | 2022-06-30T21:42:16Z |
CHARLOTTESVILLE, Va., July 29, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (NASDAQ: VABK) (the "Company") today reported net income of $5.7 million, or $1.06 per diluted share, for the quarter ended June 30, 2022, which represents a $5.5 million increase over net income of $147 thousand, or $0.03 per diluted share, recognized for the quarter ended June 30, 2021. For the six months ended June 30, 2022, net income of $10.6 million, or $1.98 per diluted share, was recognized, compared to $1.6 million, or $0.41 per diluted share, for the six months ended June 30, 2021. Note that merger and merger-related expenses of $5.9 million and $6.2 million were incurred in the quarterly and year-to-date periods ended June 30, 2021, respectively, in connection with the April 1, 2021 mergers of Fauquier Bankshares, Inc. and The Fauquier Bank ("Fauquier") with and into the Company and Virginia National Bank (the "Bank"), respectively.
"We finished the first half of the year with strong financial results," commented President and Chief Executive Officer, Glenn W. Rust. "We continue to add talent in the Northern Virginia and Richmond markets. The Bank remains positioned to benefit from recent and anticipated increases in interest rates, and our history of strong credit quality has proven beneficial in trying economic times."
Second Quarter 2022 and Selected Balance Sheet Financial Highlights
- The efficiency ratio on a fully tax equivalent basis ("FTE") (a non-GAAP financial measure) was 58.3% for the three months ended June 30, 2022, an improvement over 99.1% for the three months ended June 30, 2021. 1
- Return on average assets ("ROAA") for the three months ended June 30, 2022 increased to 1.27% compared to 0.03% realized in the same period in the prior year.
- Return on average equity ("ROAE") for the three months ended June 30, 2022 improved to 16.16% compared to 0.37% realized in same period in the prior year.
- The Company has not incurred any merger or merger-related expenses since December 31, 2021, compared to $5.9 million incurred in the three months ended June 30, 2021.
- The Company has begun realizing savings associated with the merger and expects to realize significant additional savings in salaries and employee benefits, data processing and professional fees over the next year. Full-time equivalent employee headcount was 215 as of April 1, 2021, the effective date of the merger, and is down to 161 as of June 30, 2022.
Loans and Asset Quality
- Gross loans outstanding at June 30, 2022 totaled $960 million, a decrease of $206 million, or 18%, compared to June 30, 2021. The decrease is due predominantly to: 1) the forgiveness of Small Business Administration ("SBA") Paycheck Protection Program ("PPP") loans in the amount of $71.9 million, 2) paydowns of legacy organic loans due mainly to business sales, property sales and participation fluctuations of $53.8 million, and 3) workouts and paydowns of loans acquired from Fauquier ("acquired loans") of $50.4 million.
- Two loans to one borrower are in non-accrual status, totaling $511 thousand, as of June 30, 2022, compared to $17 thousand as of June 30, 2021. Acquired loans that otherwise would be in non-accrual status are not included in this figure, as they earn interest through the yield accretion.
__________________________________________________________________
1 See "Reconciliation of Certain Non-GAAP Financial Measures" at the end of this release.
Loans and Asset Quality (continued)
- Loans 90 days or more past due and still accruing interest amounted to $626 thousand as of June 30, 2022, compared to $2.8 million as of June 30, 2021. The June 30, 2022 balance includes a government-guaranteed loan in the amount of $548 thousand. The portfolio includes four non-insured student loans that are 90 days or more past due and still accruing interest, amounting to $29 thousand. Acquired loans that are greater than 90 days past due and still accruing interest are included in this figure, net of their fair value mark.
- The period-end allowance for loan losses ("ALLL") as a percentage of total loans was 0.57% as of June 30, 2022 and 0.47% as of June 30, 2021. The fair value mark that was allocated to the acquired loans was $21.3 million as of April 1, 2021 with a remaining balance of $17.5 million as of June 30, 2022. The ALLL as a percentage of gross loans, excluding the impact of the acquired loans and fair value mark (a non-GAAP financial measure)1, would have been 0.91% as of June 30, 2022, compared to 0.88% as of June 30, 2021. The total of the ALLL and the fair value mark as a percentage of gross loans (a non-GAAP financial measure)1 amounted to 2.39% as of June 30, 2022 and 2.23% as of June 30, 2021.
- A recovery of provision for loan losses of $217 thousand was recognized during the three months ended June 30, 2022, compared to $141 thousand recognized in the three months ended June 30, 2021.
Net Interest Income
- Net interest income for the three months ended June 30, 2022 of $12.5 million decreased $690 thousand, or 5%, compared to the three months ended June 30, 2021, due primarily to the reduction in average balances of loans, which declined from an average of $1.2 billion for the three months ended June 30, 2021 to an average of $985 million for the three months ended June 30, 2022.
- The fair value accretion on acquired loans positively impacted net interest income by 12 basis points ("bps") during the current quarter.
- The overall cost of funds, including noninterest deposits, of 17 bps incurred in the three months ended June 30, 2022 decreased 6 bps from 23 bps in the same period in the prior year, due primarily to lower rates paid on deposit accounts.
- Low-cost deposits, which include noninterest checking accounts and interest-bearing checking, savings and money market accounts, remained in excess of 89% of total deposits at June 30, 2022 and 2021.
Noninterest Income
Noninterest income for the three months ended June 30, 2022 increased $726 thousand, or 25%, compared to the three months ended June 30, 2021 largely due to the gain on sale of two buildings of $1.1 million, offset by a $408 thousand decline in wealth management fees due to a reduction in the number of accounts.
Noninterest Expense
Noninterest expense for the three months ended June 30, 2022 declined $6.6 million, or 41%, compared to the three months ended June 30, 2021, primarily due to reduction in merger and merger-related expenses of $5.9 million and the reduction of salaries and employee benefits of $655 thousand.
Book Value
Book value per share was $25.20 as of June 30, 2022 and $29.89 as of June 30, 2021, and tangible book value per share (a non-GAAP financial measure)1 was $22.24 as of June 30, 2022 compared to $26.60 as of June 30, 2021. These values declined primarily due to the increase in unrealized loss on the investment portfolio period over period.
Income Taxes
The effective tax rate for the three months ended June 30, 2022 amounted to 17.4%, due to the recognition of low-income housing tax credits in 2022, compared to 32.9% for the three months ended June 30, 2021, which was higher than the statutory rate due to the non-deductibility of certain merger and merger-related expenses.
Dividends
Cash dividends of $1.6 million were declared during the current quarter. The remaining 72% of net income was retained.
_____________________________________________________________________
1 See "Reconciliation of Certain Non-GAAP Financial Measures" at the end of this release.
About Virginia National Bankshares Corporation
Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the bank holding company for Virginia National Bank. The Bank has ten banking offices throughout Fauquier and Prince William counties, four banking offices in Charlottesville and Albemarle County, and banking offices in Winchester and Richmond, Virginia. The Bank offers a full range of banking and related financial services to meet the needs of individuals, businesses and charitable organizations, including the fiduciary services of VNB Trust and Estate Services. The Bank also offers, through its networking agreements with third parties, investment advisory and other investment services under Sturman Wealth Advisors. Investment management services are offered through Masonry Capital Management, LLC, a registered investment adviser and wholly-owned subsidiary of the Company.
The Company's common stock trades on the Nasdaq Capital Market under the symbol "VABK." Additional information on the Company is also available at www.vnbcorp.com.
Non-GAAP Financial Measures
The accounting and reporting policies of the Company conform to U.S. generally accepted accounting principles ("GAAP") and prevailing practices in the banking industry. However, management uses certain non-GAAP measures to supplement the evaluation of the Company's performance. Management believes presentations of these non-GAAP financial measures provide useful supplemental information that is essential to a proper understanding of the operating results of the Company's core businesses. These non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Reconciliations of GAAP to non-GAAP measures are included at the end of this release.
Forward-Looking Statements; Other Information
Certain statements in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, without limitation, statements with respect to the Company's operations, performance, future strategy and goals, and are often characterized by use of qualified words such as "expect," "believe," "estimate," "project," "anticipate," "intend," "will," "should," or words of similar meaning or other statements concerning the opinions or judgement of the Company and its management about future events. While Company management believes such statements to be reasonable, future events and predictions are subject to circumstances that are not within the control of the Company and its management. Actual results may differ materially from those included in the forward-looking statements due to a number of factors, including, without limitation, the effects of and changes in: general economic and market conditions, including the effects of declines in real estate values, an increase in unemployment levels and general economic contraction as a result of COVID-19 or other pandemics; fluctuations in interest rates, deposits, loan demand, and asset quality; assumptions that underlie the Company's allowance for loan losses; the potential adverse effects of unusual and infrequently occurring events, such as weather-related disasters, terrorist acts or public health events (e.g., COVID-19 or other pandemics), and of governmental and societal responses thereto; the performance of vendors or other parties with which the Company does business; competition; technology; changes in laws, regulations and guidance; changes in accounting principles or guidelines; performance of assets under management; expected revenue synergies and cost savings from the recently completed merger with Fauquier may not be fully realized or realized within the expected timeframe; the businesses of the Company and Fauquier may not be integrated successfully or such integration may be more difficult, time-consuming or costly than expected; revenues following the merger may be lower than expected; customer and employee relationships and business operations may be disrupted by the merger; and other factors impacting financial services businesses. Many of these factors and additional risks and uncertainties are described in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and other reports filed from time to time by the Company with the Securities and Exchange Commission. These statements speak only as of the date made, and the Company does not undertake to update any forward-looking statements to reflect changes or events that may occur after this release.
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SOURCE Virginia National Bankshares | https://www.wibw.com/prnewswire/2022/07/29/virginia-national-bankshares-corporation-announces-second-quarter-2022-earnings/ | 2022-07-29T13:32:37Z |
Attorneys for actor Amber Heard sought to undermine Johnny Depp’s libel lawsuit against her Thursday by spending hours in court focused on the actor’s drinking, drug use and texts he sent to friends — including one about wanting to kill and defile his then-wife.
Heard’s lawyers referenced Depp’s history of trashing hotel rooms and his smashing of a bathroom sconce during an argument with Heard. Depp is also facing a lawsuit filed by a member of a film crew who alleges he was assaulted in 2018.
The attorneys are trying to derail Depp’s libel lawsuit against Heard that alleges that she falsely portrayed him as a domestic abuser and ruined his lucrative acting career. They argue that Depp did indeed abuse Heard, both physically and sexually, and claim that Depp can’t deny it because he was often drunk and high on drugs to the point of blacking out.
“I, of course, pounded and displayed ugly colors to Amber on a recent journey,” Depp said in a text message to a friend, the actor Paul Bettany, in July 2013, which was shown to jurors.
“I am an insane person and not so fair headed after too much of the drink,” Depp continued. “Weed, pills … Fine!!! Booze??? My capacity is too large and I won’t stop … Ugly and sad … Oh, how I love it.”
Heard lawyer J. Benjamin Rottenborn also focused on another exchange that year between Depp and Bettany in which Depp wrote: “Let’s burn Amber!!!”
Bettany responded: “Having thought it through I don’t think we should burn Amber.”
Depp texted: “Let’s drown her before we burn her!!! I will (expletive) her burnt corpse afterwards to make sure she’s dead.”
Depp has previously apologized to the jury for the vulgar language in the texts and said that “in the heat of the pain I was feeling, I went to dark places.”
Rottenborn also showed the jury one of Depp’s texts to Bettany in 2014 in which he referenced whiskey, pills and cocaine.
The texts were sent during a period in which Depp said he had stopped drinking. And they were sent around the time of a private flight from Boston to Los Angeles, during which Heard had said that Depp became blackout intoxicated and assaulted her.
Rottenborn presented texts that Depp sent to Bettany that said he drank “all night before I picked Amber up to fly to LA this past Sunday … Ugly, mate … No food for days … Powders … Half a bottle of Whiskey, a thousand red bull and vodkas, pills, 2 bottles of Champers on plane …”
Depp had previously testified that he took two oxycodone pills — an opiate to which he admits he was addicted at the time — and locked himself in the plane bathroom and fell asleep to avoid her badgering. He also disputes that he was drunk on the flight, saying he drank only a glass of Champagne as he boarded the plane.
But Rottenborn also showed the jury Depp’s expressions of contrition following the flight.
“Once again I find myself in a place of shame and regret,” Depp wrote to Heard. “Of course, I am sorry. I really don’t know why, or what happened. But I will never do it again … My illness somehow crept up and grabbed me … I must get better. And I will. For us both. Starting today. I love you. Again, I am so sorry. So sorry.”
To further bring doubt to Depp’s claim that he was not a problematic drinker at that time, Heard’s attorney then showed the jurors a text that Depp had sent to musician Patti Smith regarding a visit to New York City in 2014 in which he recounted fighting with Heard, getting drunk and being “so disappointed in myself.”
Depp has been on the stand in Fairfax County Circuit Court since Tuesday afternoon. The actor has spent much of that time describing the couple’s volatile relationship and denying that he ever abused Heard.
Depp said that Heard often violently attacked him. And he argued that his movie career suffered after she wrote a 2018 op-ed piece in The Washington Post, which prompted his libel lawsuit against Heard.
Heard never mentioned Depp by name in the article, but Depp’s lawyers said it was a clear reference to accusations Heard made when she sought a 2016 restraining order against him.
Depp said the accusations and the article contributed to an unfairly ruined reputation that made him a Hollywood outcast and cost him his role in the lucrative “Pirates of the Caribbean” movie franchise.
When cross-examination began late Wednesday afternoon, Rottenborn pointed to evidence that Disney made that decision months before the article’s publication.
Heard’s lawyers have argued that Heard’s opinion piece was accurate and did not defame him. They have said that Depp’s ruined reputation was due to his own bad behavior.
On the stand Tuesday, Depp called the accusations of drug addiction “grossly embellished,” though he acknowledged taking many drugs. He said his drug use started at age 11 when when he secretly took his mother’s “nerve pills.” | https://cw33.com/entertainment-news/ap-entertainment/amber-heards-lawyers-interrogate-johnny-depp-at-libel-trial/ | 2022-04-21T21:47:38Z |
Purple Heart Day commemorates Suncoast veterans
SARASOTA, Fla. (WWSB) - August 7 is Purple Heart Day and members of the Suncoast community are honoring those who have sacrificed for the country. The Purple Heart medal is awarded to members of the military who have been wounded or killed during their service.
Ben Knisley, a local retired U.S. Army Colonel earned his purple heart during the Vietnam war. Knisley was a First Lieutenant med-evac helicopter pilot when his helicopter was shot down during a rescue mission in 1968.
According to Knisley, he and his co-pilot spent the next four days without food or water. He said they were the only survivors of the crash. The two were rescued by a special operations team who were able to transport them to a hospital, according to Knisley.
“I was just overwhelmed with the fact that I’m going home, and I made it out alive,” said Knisley. “It wasn’t until sometime after that I realized, son of a gun, I got a purple heart.”
The first three purple heart awards were given out by George Washington in 1782. The medal remains the oldest military award with the first three awarded by George Washington in 1782. Over 1.8 million members of the military since 1782 according to the National Purple Heart Hall of Honor.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/07/purple-heart-day-commemorates-suncoast-veterans/ | 2022-08-07T23:33:10Z |
Teen charged in northeast Canton shooting
CANTON – Police have arrested a teenage boy in connection with the shooting Saturday of a man in the 3100 block of Gilbert Circle NE.
Anthony Steven Hinton, 17, of Canton was booked into the Multi-County Juvenile Attention Center on Sunday on charges of attempted murder and felonious assault, according to a news release Monday from the Canton Police Department.
He is accused of shooting a 26-year-old Canton man early Saturday morning.
Police were called at 4:07 a.m. to the Gilbert Circle area, arriving to find the man lying in the grass between apartment buildings. He suffered a gunshot wound to his side, an injury determined to be life-threatening.
Fire department medics took him to Cleveland Clinic Mercy Hospital.
His condition on Monday was not available as police continued to investigate the shooting.
Investigators are asking that anyone with information call detectives at 330-489-3144 or submit a tip, which can be kept anonymous, through the city's TIP411 system or Stark County Crimestoppers. TIP411 is available at www.cantonohio.gov/police. | https://www.cantonrep.com/story/news/2022/04/18/anthony-steven-hinton-canton-charged-attempted-murder/7354087001/ | 2022-04-18T13:59:47Z |
Mormons stress unity amid polarization at Utah conference
By SAM METZ
Associated Press
SALT LAKE CITY (AP) — Top leaders of the Church of Jesus Christ of Latter-day Saints addressed a wide range of topics at their twice-yearly conference on Saturday, including LGBTQ non-discrimination laws, war in Ukraine and political polarization. At the faith’s first in-person conference held since the onset of the pandemic, high-ranking church officials warned of the pitfalls of political polarization and encouraged members to reaffirm their faith and return to service work, including the church’s well-known missionary work. Officials mostly eschewed politics and focused their remarks on spiritual matters. However, several high-ranking officials addressed recent criticisms about the church’s legacy of racism and its support for anti-discrimination laws. | https://localnews8.com/news/ap-idaho/2022/04/02/mormons-convene-in-person-for-signature-conference-in-utah-2/ | 2022-04-02T19:11:02Z |
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