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‘Dumped by email,’ says cyclist’s mother as British Cycling bans transgender riders from competition
By Lianne Kolirin, CNN
British Cycling has suspended its transgender and non-binary participation policy after the sport’s world governing body banned a trans rider from competing in a women’s event in the UK earlier this month.
The sport’s governing authority in the UK said Friday that it had voted in favor of an “immediate suspension” of its current policy, which it said was “unfair on all women riders.”
The decision came days after transgender cyclist Emily Bridges said she had been “harassed and demonised” after the UCI, world cycling’s governing body, ruled she couldn’t compete at the National Omnium Championships in the UK on April 2.
Bridges, who was set to race against British Olympic stars such as Laura Kenny in the event, said she found out through British Cycling that the UCI had ruled she was ineligible.
UK Prime Minister Boris Johnson waded into the row this week when he said: “I don’t think that biological males should be competing in female sporting events. And maybe that’s a controversial thing … but it just seems to me to be sensible.”
Posting the statement on its website, British Cycling said: “Due to the difference in the policies held by British Cycling and the UCI relating to the licensing process, it is currently possible for trans-female athletes to gain eligibility to race domestically while their cases remain pending with the UCI (or indeed in situations where they are deemed ineligible).
“This in turn allows those riders to accrue domestic ranking points which impact selection decisions for National Championship races, which is not only unprecedented in our sport, but is also unfair on all women riders and poses a challenge to the integrity of racing.”
A full review will be initiated in the coming weeks, the organization said, adding that it remained “committed to ensuring that transgender and non-binary people are welcomed.”
The previously agreed-upon policy required that any current or prospective transgender or non-binary member seeking to compete in the female race category must submit a signed declaration stating that their identity is female and that they wish to compete in the female category, while also submitting medical evidence that their “total testosterone level in serum has been less than 5 nmol/L continuously for a period of at least 12 months.”
‘We’ve just received this in our inbox’
A statement posted by British Cycling on its website on March 30 said Bridges had been due to participate in the event on Saturday, April 2 “under the British Cycling Transgender and Non-Binary Participation policy,” but added: “We have now been informed by the Union Cycliste Internationale (UCI) that under their current guidelines Emily is not eligible to participate in this event.”
As of March 1, 2020, UCI regulations state that transgender women must reduce their testosterone levels to below 5 nmol/L for at least 12 months in order to compete in women’s events.
However, according to the Guardian, the UCI prevented Bridges from competing because it said she was still registered as a male cyclist and therefore ineligible to compete as a woman until her male UCI identification expired.
Bridges has not yet commented on British Cycling’s suspension of its “transgender and non-binary participation policy,” but her mother, Sandy Sullivan, tweeted a copy of the statement, saying: “Dumped by email. We’ve just received this in our inbox. We will be making a statement at some point in the next 24 hours.”
CNN has reached out to Bridges’ representatives for comment.
Earlier this month, Bridges said in a statement she has been in contact with British Cycling and the UCI for the past six months, ahead of what was supposed to be her first race in a women’s event.
“In that time, I have provided both British Cycling and the UCI with medical evidence that I meet the eligibility criteria for transgender female cyclists, including that my testosterone limit has been far below the limit prescribed by the regulations for the last 12 months,” Bridges said in her statement, which was posted by LGBTQIA+ cycling group PRiDE OUT.
“I am an athlete, and I just want to race competitively again,” Bridges said. “No one should have to choose between being who they are, and participating in the sport that they love.”
Bridges initially posted the statement on her Instagram account, but she has since made the account private.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/08/dumped-by-email-says-cyclists-mother-as-british-cycling-bans-transgender-riders-from-competition/ | 2022-04-08T22:56:27Z |
EEK! ‘Halloween Ends’ debuts first trailer for trilogy’s final installment
Published: Jul. 21, 2022 at 1:32 PM CDT|Updated: 22 minutes ago
(Gray News) – Horror fanatics, get ready: The first trailer for “Halloween Ends” has dropped.
The movie will hit theaters Oct. 14. It is the third and final installment in the “Halloween” trilogy that began in 2018.
“Halloween Ends” follows 2018′s “Halloween” and 2021′s “Halloween Kills.”
Jamie Lee Curtis stars as Laurie Strode and will be facing Michael Myers “in a final confrontation unlike any captured on-screen before,” according to the film’s synopsis from Universal Pictures.
“Only one of them will survive,” the studio added.
Universal Pictures said this will be Curtis’ last time returning as Laurie Strode.
You can watch the trailer here.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/21/eek-halloween-ends-debuts-first-trailer-trilogys-final-installment/ | 2022-07-21T18:57:04Z |
Elon Musk says he would reverse Twitter’s ban of Donald Trump
LONDON (AP) — Elon Musk said he will reverse Twitter’s permanent ban of former President Donald Trump if the Tesla CEO follows through with his plan to buy the social media company.
Musk, speaking virtually at a Future of the Car summit hosted by the Financial Times, said Twitter’s Trump ban was a “morally bad decision” and “foolish in the extreme.” He said permanent bans of Twitter accounts should be rare and reserved for accounts that are scams or automated bots.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
LONDON (AP) — Elon Musk, who is offering to buy Twitter, has given his support to a new European Union law aimed at protecting social media users from harmful content after he met with the bloc’s single market chief.
EU Internal Market Commissioner Thierry Breton told The Associated Press on Tuesday that he outlined to Musk how the bloc’s online regulations aim to uphold free speech while also making sure whatever is illegal “will be forbidden in the digital space,” which Musk “fully agreed with.”
In a video Breton tweeted late Monday, Musk said the two had a “great discussion” and that he agrees with the Digital Services Act, which is expected to get final approval later this year. It will make big tech companies like Twitter, Google and Facebook parent Meta police their platforms more strictly for illegal or harmful content like hate speech and disinformation or face billions in fines.
Musk’s plan to buy Twitter for $44 billion has raised fears he would make changes to the platform that would prioritize free speech over online safety — potentially putting him at odds with the looming rules in Europe, which has led a global movement to crack down on the power of tech giants.
The 65-second clip indicates Musk’s and the EU’s views may be closer than they appear. Breton says in the video that he explained the Digital Services Act to Musk in a meeting at Tesla’s Texas headquarters. Musk responds by saying it’s “exactly aligned with my thinking.”
“I agree with everything you said, really,” Musk said. “I think we’re very much of the same mind and, you know, I think anything that my companies can do that can be beneficial to Europe, we want to do that.”
The attempted Twitter acquisition by Musk, a billionaire and self-described free speech absolutist, had raised concerns that he would take a hands-off approach to content moderation.
Breton told AP he explained to Musk that the new law means “we need also to have more moderators, and in the language where we operate. So he fully understood.”
The pair agreed on the importance of being able to inspect algorithms that determine what social media users are being shown, Breton said.
The Digital Services Act requires more transparency for algorithms, and Musk has called for opening them up to public inspection.
Another topic of discussion was President Donald Trump’s ban from Twitter for inciting violence at the U.S. Capitol insurrection, which Musk has reportedly opposed.
Breton said he told Musk the EU law includes provisions to maintain the rights of users, such as giving them the right to appeal bans.
___
See all of AP’s tech coverage at https://apnews.com/hub/technology.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/10/elon-musk-says-he-would-reverse-twitters-ban-donald-trump/ | 2022-05-10T18:08:57Z |
NEW YORK (AP) — Stocks edged higher in morning trading on Wall Street Wednesday following the market’s worst day in two years on fears about higher interest rates and the recession they could create.
The S&P 500 rose 0.4% as of 10:13 a.m. Eastern. The benchmark index is coming off its biggest drop since June 2020, which ended a four-day winning streak.
The Dow Jones Industrial Average rose 68 points, or 0.2%, to 31,169 and the Nasdaq rose 0.5%.
Energy stocks had some of the biggest gains as U.S. crude oil prices rose 2.2%. Exxon Mobil rose 2.6%.
Bond yields remained relatively stable after leaping on on Tuesday. The yield on the two-year Treasury rose to 3.79% from 3.75% late Tuesday, when it soared on expectations for more aggressive interest rate hikes by the Federal Reserve.
The yield on the 10-year Treasury, which helps dictate where mortgages and rates for other loans are heading, rose to 3.43% from 3.41%.
A report on inflation at the wholesale level showed prices are still rising rapidly, with pressures building underneath the surface, even if overall inflation slowed. It echoed a report on inflation at the consumer level Tuesday, which raised expectations for interest-rate hikes and triggered a rout for markets.
Traders now see a one-in-three chance the Fed may hike its benchmark rate by a full percentage point next week, quadruple the usual move. The central bank has already raised its benchmark interest rate four times this year, with the last two increases by three-quarters of a percentage point.
The Fed is taking the aggressive action on interest rates to try and cool the hottest inflation in four decades. Tuesday’s report on high prices jolted the market with signs that inflation is entering a more stubborn phase that could require an already resolute Fed to become more aggressive.
Wall Street is especially worried that the rate hikes could go too far in slowing the economy and send it into a recession. The Fed is trying to avoid that outcome, but the latest inflation reports reveal that is becoming a more difficult task.
The broader U.S. economy has been slowing, but consumers have remained resilient and the job market remains strong. Wall Street will get another update on inflation’s latest impact on spending when the government releases its retail sales report for August on Thursday.
The market is also monitoring U.S.-China tensions and war in Ukraine, while business and government officials are bracing for the possibility of a nationwide rail strike at the end of this week that could paralyze an already discombobulated supply chain.
The railroads have already started to curtail shipments of hazardous materials and have announced plans to stop hauling refrigerated products ahead of Friday’s strike deadline. Businesses that rely on Norfolk Southern, Union Pacific, BNSF, CSX, Kansas City Southern and other railroads to deliver their raw materials and finished products are planning for the worst.
Biden administration officials are scrambling to develop a plan to keep goods moving if the railroads shut down. The White House is also pressuring the two sides to settle their differences, and a growing number of business groups are lobbying Congress to be prepared to intervene and block a strike if they can’t reach an agreement. | https://cw33.com/business/ap-business/ap-asian-shares-fall-tracking-wall-st-dismay-over-price-data/ | 2022-09-14T15:27:17Z |
NEW YORK (AP) — Former President Donald Trump must answer questions under oath in New York state’s civil investigation into his business practices, a state appeals court ruled Thursday.
A four-judge panel in the appellate division of the state’s trial court upheld Manhattan Judge Arthur Engoron’s Feb. 17 ruling enforcing subpoenas for Trump and his two eldest children to give deposition testimony in Attorney General Letitia James’ probe.
Trump had appealed, seeking to overturn the ruling. His lawyers argued that ordering the Trumps to testify violated their constitutional rights because their answers could be used in a parallel criminal investigation.
“The existence of a criminal investigation does not preclude civil discovery of related facts, at which a party may exercise the privilege against self-incrimination,” the four-judge panel wrote, citing the Fifth Amendment right against self-incrimination.
Messages seeking comment were left with lawyers for the Trumps and with James’ office. The Trumps could still appeal the ruling to the state’s highest court, the Court of Appeals.
James, a Democrat, has said her investigation has uncovered evidence Trump’s company, the Trump Organization, used “fraudulent or misleading” valuations of assets like golf courses and skyscrapers to get loans and tax benefits.
Thursday’s ruling could mean a tough decision for Trump about whether to answer questions or stay silent, citing his Fifth Amendment right against self-incrimination. Anything Trump says in a civil deposition could be used against him in the criminal probe being overseen by the Manhattan district attorney’s office.
At a hearing prior to Engoron’s Feb. 17 ruling, Trump’s lawyers argued that having him sit for a civil deposition is an improper attempt to get around a state law barring prosecutors from calling someone to testify before a criminal grand jury without giving them immunity.
A lawyer for the attorney general’s office told Engoron that it wasn’t unusual to have civil and criminal investigations proceeding at the same time, and Engoron rejected a request from lawyers for the Trumps to pause the civil probe until the criminal matter is over.
Last summer, spurred by evidence uncovered in James’ civil investigation, the Manhattan district attorney’s office charged the Trump Organization and its longtime finance chief, Allen Weisselberg, with tax fraud, alleging he collected more than $1.7 million in off-the-books compensation. Weisselberg and the company have pleaded not guilty. | https://cw33.com/news/nexstar-media-wire/trump-must-testify-in-new-york-civil-probe-after-losing-appeal/ | 2022-05-26T16:33:13Z |
ELKHART, Ind., June 29, 2022 /PRNewswire/ -- THOR Industries, Inc.'s (NYSE: THO) film, "Finding Strength and Redemption: The Blackfoot River Adventure with First Descents," chronicling the life-changing collaboration with non-profit First Descents, was awarded gold in two categories at the inaugural Anthem Awards.
Produced by The Public Works, "Finding Strength and Redemption: The Blackfoot River Adventure with First Descents" shares the story of young adults impacted by cancer and their healing journey on the Blackfoot River in southwest Montana. First Descents invited the group to discover the river's restorative effects while paddling their way toward recovery and to draw themselves closer to nature through the RV camping experience.
The partnership with THOR Industries helped generate support and funding for First Descents as well as provide a fleet of RVs at the Montana backcountry campsite where participants found their lives forever altered.
"THOR is unbelievably proud to have been a part of this project and continue to partner with First Descents to help promote the healing experiences of outdoor adventure," shared THOR President and CEO Bob Martin. "We are grateful our RVs enabled the Blackfoot River program, connecting many incredible young adults with nature and one another, which is truly inspiring."
The project received the highest marks in two for-profit categories at the Anthem Awards: Health – Brand Campaign Fundraising Category and Health — Best Brand Campaign Product/Innovation/Service. Presented by the Webby Awards, the Anthem Awards celebrate purpose and mission-driven work from people, companies, and organizations worldwide.
To learn more about the project, watch "Finding Strength and Redemption: The Blackfoot River Adventure with First Descents" on the THOR Industries YouTube channel.
THOR Industries is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles. For more information on the Company and its products, please go to www.thorindustries.com.
First Descents (FD) is a leader in adventure-based healing. Through outdoor adventure, community building, and lifestyle development, FD improves long-term survivorship and quality of life for young adults impacted by cancer, multiple sclerosis, and other serious health conditions. Headquartered in Denver, First Descents has served more than 10,000 participants over the last 20 years. Beginning in 2020, First Descents launched programs for healthcare workers on the frontlines of COVID-19. All services are fully-adaptive and free of charge. A Guidestar Platinum-ranked nonprofit, First Descents has been recognized on CNN Heroes and Outside Magazine's Best Places to Work.
The Public Works (TPW) is a unique creative agency built to amplify awesome. For almost 20 years, TPW has worked with the biggest brands in the world to tell powerful stories through diverse mediums- moving pictures, still imagery, industrial design, fabrication, and brand activations. TPW's agile multi-talented team of creatives work off the strict ethos of 'work hard, have fun, and make great freaking work'.
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SOURCE THOR Industries | https://www.mysuncoast.com/prnewswire/2022/06/29/thor-industries-film-receives-gold-anthem-awards/ | 2022-06-29T15:51:08Z |
Highlights
- SQM will hold a hybrid Investor Day virtually and at the New York Stock Exchange on September 15, 2022. For more information or to register please visit https://sqm.connectid.cloud/.
- As a result of our operations during the first half of the year, over US$2.2 billion will go to public coffers.
- SQM reported net income for the six months ended June 30, 2022 of US$1,655.4 million.
- Earnings per share totaled US$5.80 for the first half of 2022, higher than the US$0.55 reported for the first half of 2021.
- Revenues for the first half of 2022 were US$4,618.6 million.
SQM will hold a conference call to discuss these results on Thursday, August 18, at 12:00pm ET (12:00pm Chile time).
Participant Dial-In (Toll Free): 1-855-238-1018
Participant International Dial-In: 1-412-542-4107
Webcast: https://services.choruscall.com/links/sqm220818.html
SANTIAGO, Chile, Aug. 17, 2022 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) today reported earnings for the six months ended June 30, 2022 of US$1,655.4 million (US$5.80 per share), an over 940% increase from US$157.8 million (US$0.55 per share) reported for the six months ended June 30, 2021. Gross profit reached US$2,462.1 million (53.3% of revenues) for the six months ended June 30, 2022, 663% higher than US$322.5 million (28.9% of revenues) recorded for the six months ended June 30, 2021. Revenues totaled US$4,618.6 million for the six months ended June 30, 2022, representing an increase of 314% compared to US$1,116.5 million reported for the six months ended June 30, 2021.
The Company also announced earnings for the second quarter of 2022 of US$859.3 million (US$3.01 per share), an increase of 857% compared to US$89.8 million (US$0.31 per share) for the second quarter of 2021. Gross profit for the second quarter of 2022 reached US$1,297.4 million, 598% higher than the US$185.9 million recorded for the second quarter 2021. Revenues totaled US$2,598.8 million for the second quarter 2022, an increase of approximately 342% compared to US$588.0 million for the second quarter of 2021.
SQM's Chief Executive Officer, Ricardo Ramos, stated: "We are very pleased with our results for the first half of the year. These results were related to favorable market conditions related to fertilizers, iodine and lithium and decades of investment, hard work, R&D and know-how. In fact, this year we are celebrating 25 years in the lithium industry. During this time, we have become a great partner to the government in this "public-private" alliance with CORFO. As a result of our operations during the first half of the year, over US$2.2 billion are going to public coffers due to the lithium operations. More than financial contributions, we are content that we have been able to develop the Salar de Atacama in such a way that we have become a world-renowned, integrated producer of value-added lithium products in Chile that are directly used in cutting edge batteries all over the world creating value to the local surrounding communities. All of this through a successful public-private partnership."
He closed by saying: "We are close to reach 180,000 metric tons of lithium carbonate capacity and as mentioned previously, we are not stopping there. Today, we are working to complete a lithium carbonate capacity of 210,000 metric ton of sought after, top quality, value-added product which will be produced right here in Chile. We remain committed to reducing our usage of brine and water through technology and continuous innovation. This new capacity will let us produce high value-added lithium products to power more than 5 million electric vehicles."
SQM is a global company that is listed on the New York Stock Exchange and the Santiago Stock Exchange (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A). SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development. We aim to maintain our leading world position in the lithium, potassium nitrate, iodine and thermo-solar salts markets.
For further information, contact:
Gerardo Illanes 56-2-24252022 / gerardo.illanes@sqm.com
Kelly O'Brien 56-2-24252074 / kelly.obrien@sqm.com
Irina Axenova 56-2-24252280 / irina.axenova@sqm.com
For media inquiries, contact:
Maria Ignacia Lopez / ignacia.lopez@sqm.com
Pablo Pisani / pablo.pisani@sqm.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "plan," "believe," "estimate," "expect," "strategy," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make concerning the Company's capital expenditures, financing sources, Sustainable Development Plan, business outlook, future economic performance, anticipated profitability, revenues, expenses, or other financial items, anticipated cost synergies and product or service line growth.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are estimates that reflect the best judgment of SQM management based on currently available information. Because forward-looking statements relate to the future, they involve a number of risks, uncertainties and other factors that are outside of our control and could cause actual results to differ materially from those stated in such statements, including our ability to successfully implement the Sustainable Development Plan. Therefore, you should not rely on any of these forward-looking statements. Readers are referred to the documents filed by SQM with the United States Securities and Exchange Commission, specifically the most recent annual report on Form 20-F, which identifies other important risk factors that could cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements are based on information available to SQM on the date hereof and SQM assumes no obligation to update such statements, whether as a result of new information, future developments or otherwise, except as required by law.
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SOURCE Sociedad Quimica y Minera de Chile, S.A. (SQM) | https://www.mysuncoast.com/prnewswire/2022/08/18/sqm-reports-earnings-six-months-ended-june-30-2022/ | 2022-08-18T03:24:50Z |
($ in thousands except per share amounts)
COPPELL, Texas, March 31, 2022 /PRNewswire/ -- Costar Technologies, Inc. (the "Company") (OTC Markets Group: CSTI) announced today its financial results for the fourth quarter and year ended December 31, 2021.
Financial Results for the Quarter Ended December 31, 2021
- Revenues of $14,779, a 13.9% increase compared to the fourth quarter of 2020.
- Operating expenses were up 2.2% to $4,465, compared to $4,368 in the fourth quarter of 2020.
- GAAP net loss of ($61) or ($0.04) per diluted share, compared to GAAP net income of $12, or $0.01 per diluted share, in the fourth quarter of 2020.
- Adjusted earnings of $286, or $0.17 per diluted share, compared to ($156), or ($0.09) per diluted share, for the quarter ended December 31, 2020. Adjusted earnings, a non-GAAP measure, is defined below.
- Adjusted EBITDA of $665, compared to $140 for the quarter ended December 31, 2020. Adjusted EBITDA, a non-GAAP measure, is defined below.
Financial Results for the Year Ended December 31, 2021
- Revenues of $52,924, a 12.3% decrease compared to the prior year.
- Operating expenses, excluding a third quarter 2020 impairment loss of $939 and restructuring costs of $635, were down 17.6% to $17,600, compared to $21,368 in the prior year.
- GAAP net income of $4,366 or $2.64 per diluted share, compared to GAAP net loss of ($8,971), or ($5.60) per diluted share, in the prior year.
- Adjusted earnings of ($70), or ($0.04) per diluted share, compared to $880, or $0.55 per diluted share, for the year ended December 31, 2020. Adjusted earnings, a non-GAAP measure, is defined below.
- Adjusted EBITDA of $1,395, compared to $2,264 for the year ended December 31, 2020. Adjusted EBITDA, a non-GAAP measure, is defined below.
Scott Switzer, the Company's Interim Chief Executive Officer, stated, "Our fourth quarter results demonstrate the successful execution of our One Costar initiative. We ended the year with a record backlog of over $6 million that will ship throughout 2022. We believe our ability to adapt our business model to meet shifting customer demands helped drive our results, and more importantly, better positions us for when macroeconomic conditions and supply chain shortages improve. While we continue to face ongoing material and labor inflation, we are pleased with the progress made, the initiatives we are pursuing and our positioning for long-term, sustainable growth."
Sarah Ryder, the Company's Chief Financial Officer, went on to say, "We closed out 2021 with our strongest revenue quarter of the year. Although the overall inefficiencies produced by the global supply chain and labor conditions created some gross margin contraction during the quarter, continued expense management drove an additional $0.4 million decrease to our overall debt position in the fourth quarter of 2021. As we enter 2022, I'm confident we will continue to drive revenue growth and improved profitability in the coming year."
The Company's independent auditors completed their analysis of the Company's financial condition. The Independent Auditor's Review Report, including financial statements and applicable footnote disclosures, is available on our website at www.costartechnologies.com.
Non-GAAP Financial Measures
The Company defines adjusted earnings, a non-GAAP measure, as net income (loss) excluding stock-based compensation, amortization of acquisition-related intangible assets, restructuring costs, impairment loss, revaluation of deferred tax asset, modification to inventory reserve policy, PPP loan forgiveness and Employee Retention Credits. The Company defines adjusted EBITDA, a non-GAAP measure, as earnings before interest, taxes, depreciation, amortization, stock-based compensation, restructuring costs, impairment loss, modification to inventory reserve policy, PPP loan forgiveness and Employee Retention Credits. The following tables reconcile the non-GAAP financial measures disclosed in this release to GAAP net income (loss):
These reconciliations of GAAP to non-GAAP measures should be considered together with the Company's financial statements. These non-GAAP measures are not meant as a substitute for GAAP but are included solely for informational and comparative purposes. The Company's management believes that this information can assist investors in evaluating the Company's operational trends, financial performance, and cash generating capacity. Management believes these non-GAAP measures allow investors to evaluate the Company's financial performance using some of the same measures as management. However, the non-GAAP financial measures should not be regarded as a replacement for (or superior to) corresponding, similarly captioned, GAAP measures.
About Costar Technologies, Inc.
Costar Technologies, Inc. develops, designs, manufactures, and distributes a range of security solution products including surveillance cameras, lenses, digital video recorders and high-speed domes. The Company also develops, designs, and distributes industrial vision products to observe repetitive production and assembly lines, thereby increasing efficiency by detecting faults in the production process. Headquartered in Coppell, Texas, the Company's shares currently trade on the OTC Markets Group under the ticker symbol "CSTI". Costar was ranked as the 40th largest company in a&s magazine's Security 50 for 2020. Security 50 is an annual ranking by the magazine of the world's largest security manufacturers in the areas of video surveillance, access control and intruder alarms, based on sales revenue.
Cautionary Statement Regarding Forward Looking Statements
This press release contains forward-looking statements, including statements regarding the Company's ability to grow revenue and earnings, that are subject to substantial risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including but not limited to risks related to the ability to diversify business across vertical markets, secure new customer wins, and launch new products. You can often identify forward-looking statements by words such as "believe," "may," "estimate," "continue," "anticipate," "intend," "plan," "expect," "predict," "potential," or the negative of these terms or other comparable terminology. These forward-looking statements are based on management's current expectations, but they involve risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements as a result of the risks and uncertainties.
You should not place undue reliance on any forward-looking statements. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors affecting forward-looking information, except to the extent required by applicable laws.
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SOURCE Costar Technologies, Inc. | https://www.wibw.com/prnewswire/2022/04/01/costar-technologies-inc-announces-financial-results-fourth-quarter-year-ended-december-31-2021/ | 2022-04-01T03:38:30Z |
No longer cramped for space: Stark County Coroner's Office celebrates new location
CANTON TWP. – The new Stark County Coroner's Office opened officially Wednesday morning with about 75 local dignitaries on site for a ribbon cutting.
Coroner Dr. Ronald R. Rusnak called the facility "truly a blessing."
"Our old location was just such a tough place to work — for families, for victims, everyone delivering bodies, delivering equipment and picking things up," he said. "We were so cramped for space."
The new site comprises 7,000 square feet in the back of the Lester Higgins Adult Workshop at 3041 Cleveland Ave. SW. The office was formerly located in 2,000 square feet at the Stark County Sheriff's Office building at 4500 Atlantic Blvd. NE.
Two trailers borrowed from other agencies to store the overload of bodies at the former facility are no longer needed.
One was returned to Columbiana County a month ago and the other will be returned to the Ohio Department of Health later this month, Rusnak said.
'This is what your tax dollars are supposed to do.'
While the old office had space for 12 bodies, the new one has room for 35, said Dr. Anthony Bertin, chief deputy coroner.
"Five years ago, we were doing below 200 cases," he said. "Today, we're up to 700 cases."
Stark County Commissioner Janet Weir Creighton said that when she first walked into the old facility behind the county jail several years ago, she was shocked that the entrance to the facility was actually the location where deceased persons were initially processed.
"It's not fair to the grieving families; it's not fair to the employees. I thought, this is the best we can do for the county? Surely we can do better than this! They deserve accessible, professional work environment," she said.
Upon seeing the new facility, she said, "My heart is happy. This is what your tax dollars are supposed to do."
Sheriff George Maier agreed: "Really this represents dignity for our victims and families that come through this door."
The new facility has coolers and freezers and consultation rooms along with offices and a complete morgue.
'I'm glad it finally happened.'
"They've needed a place like this for the last 50 years. I'm glad it finally happened," said Rick Walters, who retired in August after nearly 40 years on the job as investigator for the coroner.
Walters worked in the coroner's office when it was still located at Doctors Hospital in Massillon. When the hospital closed in 2009, the office move to the sheriff's department.
He joined the small crowd of officials from across the county who arrived to attend the ribbon cutting and tour the facility.
As far as what's going to happen to the vacated space at the Sheriff's Office, Maier said it will be converted into an evidence room, providing triple the amount of space available now.
"We're going to miss you guys. You're great," Maier told Rusnak and his employees. "We're still going to be great partners. This is really a step up for the Stark County Coroner's Office." | https://www.cantonrep.com/story/news/2022/04/06/stark-county-celebrates-new-coroners-office-location/9485860002/ | 2022-04-06T21:54:43Z |
Peña homers with parents watching, Astros thump Angels 13-6
By JOE REEDY
AP Sports Writer
ANAHEIM, Calif. (AP) — Jeremy Peña hit his first major league home run while his parents were being interviewed on the broadcast, Kyle Tucker went deep twice and the Houston Astros pounded the Los Angeles Angels 13-6. Houston homered six times in total, with Jose Altuve, Aledmys Díaz and Alex Bregman also connecting. It’s the 16th time Houston has had at least six homers in a game, and five of those have come since 2019. The Astros had 14 hits. Jared Walsh had three hits and drove in two for the Angels. Peña, Houston’s rookie replacement at shortstop after Carlos Correa signed with Minnesota, got his first big league hit with a single in the second inning. | https://localnews8.com/sports/ap-national-sports/2022/04/08/pena-homers-with-parents-watching-astros-thump-angels-13-6/ | 2022-04-09T07:35:32Z |
SEOUL, South Korea (AP) — North Korea test-launched a suspected intercontinental ballistic missile and two shorter-range weapons into the sea Wednesday, South Korea said, hours after President Joe Biden ended a trip to Asia where he reaffirmed the U.S. commitment to defend its allies in the face of the North’s nuclear threat.
If confirmed, it would be North Korea’s first ICBM launch in about two months amid stalled nuclear diplomacy with the United States. Breaking its 2018 moratorium on long-distance launches, North Korea in March claimed to have test-launched its longest-range missile as part of its development of functioning nuclear-armed missiles that can reach the American homeland.
The launches took place as North Korea made a much-disputed claim that its first domestic COVID-19 outbreak was weakening.
After an emergency national security council meeting, the South Korean government said North Korea fired a suspected ICBM and two short-range ballistic missiles.
“North Korea’s sustained provocations can only result in stronger and faster South Korea-U.S. combined deterrence and can only deepen North Korea’s international isolation,” the South Korean government statement said. “(Our) government is maintaining constant readiness to strongly and effectively respond to any kind of North Korean provocation.”
South Korea’s military said the suspected ICBM reached a maximum height of 540 kilometers (335 miles) while traveling 360 kilometers (223 miles) east after being fired from the North’s capital region. The Joint Chiefs of Staff said the North apparently lost the second missile 20 kilometers (12 miles) into flight, while the third missile flew 760 kilometers (472 miles) on an apogee of 60 kilometers (37 miles).
A JCS statement said the U.S. and South Korean militaries fired two surface-to-surface missiles in response to demonstrate the allies’ striking capabilities. It said the allies had detected North Korea’s preparations for the launches in advance. It said South Korea’s air force on Tuesday conducted an “elephant walk” involving 30, fully armed F-15K fighter jets parading along a runway in formation.
The U.S. Indo-Pacific Command earlier said the missile launches highlight “the destabilizing impact of (North Korea’s) illicit weapons program” though they didn’t pose an immediate threat to U.S. territory and its allies. A command statement said the U.S. commitment to the defense of the South Korea and Japan “remains ironclad.”
The White House said Biden has been briefed on the North Korean missile launches and will continue to be briefed as information develops.
Japanese Defense Minister Nobuo Kishi said the launches were “an act of provocation and absolutely impermissible.” He accused North Korea of pressing ahead with its weapons development program while “ignoring the people’s suffering amid the spread of the coronavirus in the country.”
The launches were North Korea’s 17th round of missile firings this year. Experts have said the launches show North Korea’s determination to move ahead with its push to modernize its weapons arsenals despite the COVID-19 outbreak and apply more pressure on its rivals to wrest sanctions relief and other concessions amid dormant nuclear diplomacy.
U.S., South Korean and Japanese officials have said North Korea could soon conduct its first nuclear test in nearly five years as well.
“If omicron is raging in the country, it is not the best time for Kim to take domestic political credit for a nuclear test,” said Leif-Eric Easley, a professor at Ewha University in Seoul. “So declaring victory against COVID, at least in state propaganda, will probably come first. But North Korea is likely to conduct its seventh nuclear test before reengaging in diplomacy.”
North Korea’s unusual pace in weapons tests this year included an ICBM launch in March that was its first since 2017. North Korea described that launch as a demonstration of its biggest missile, the Hwasong-17. However, South Korea’s military said the North instead may have fired a smaller ICBM. Whichever it was, the missile flew longer and higher than any other weapon the North has ever tested and had the potential range to reach the entire U.S. mainland, experts say.
After their summit in Seoul on Saturday, Biden and Yoon said they would consider expanded military exercises to deter North Korean nuclear threats.
Biden brushed aside questions about any possible provocation by North Korea during his trip, saying, “We are prepared for anything North Korea does.” Asked if he had a message for the North’s leader, Kim Jong Un, Biden offered a clipped response: “Hello. Period.”
Biden later met with Japanese Prime Minister Fumio Kishida in Tokyo, and they vowed to work closely to address security challenges, including North Korea’s nuclear and ballistic programs and what they called China’s “increasingly coercive” behavior in the region.
Before Wednesday, North Korea’s most recent missile tests were May 12, hours after the country acknowledged a COVID-19 outbreak and ended a widely disputed claim to have been coronavirus-free for more than two years.
The country in the past few days has said there has been “a positive sign” in its anti-virus campaign. Since admitting to the outbreak, North Korea has identified about 3 million cases of an unidentified fever, and saying just a small fraction were COVID-19.
On Wednesday, state media for the second straight day reported no additional fatality from the fever. The 68 deaths it has reported is an extremely low toll for COVID-19. Experts doubt the figures given North Korea has limited health resources and may be underreporting mortalities to prevent possible political damage on Kim.
North Korea has so far ignored South Korean and U.S. offers to send vaccines, medicines and other support items. Much of North Korea’s 26 million people remain unvaccinated and the country’s once-free socialist public health care system has been in shambles for decades.
“At a time when North Korean people are suffering the pain of a COVID-19 spread, North Korea is using its crucial resources to develop nuclear weapons and missiles instead of measures to fight the virus and improve livelihoods, which is very regrettable,” South Korean Foreign Minster Park Jin said.
___
Associated Press writer Mari Yamaguchi contributed to this report from Tokyo. | https://cw33.com/news/international/ap-international/seoul-north-korea-launches-ballistic-missile-toward-the-sea/ | 2022-05-25T08:03:58Z |
‘I’m just glad it wasn’t my apartment’: Police capture turkey breaking and entering
WAUSAU, Wis. (WSAW/Gray News) - A wild turkey broke through a second-story window at a Wisconsin apartment Friday, causing the police to come to rescue the bird and re-release it.
Doris Madden lives at City Walk Apartments in Wausau. She told WSAW she was suspicious Friday when she noticed the broken window.
“We had no idea what had caused it or if anybody was even home,” Madden said.
She called the apartment manager, who got maintenance to investigate.
“When he opened the door, there’s the turkey. And he thought, ‘I’m not going to try to catch that thing.’ So, he called the police station for animal control,” Madden said.
Wausau Police Department Patrol Captain Todd Baeten said they have just one humane officer, so most of the time, even for animal calls, patrol officers are first on the scene.
“They just have to try to do the best they can with the information that they have and the equipment available to them,” he said.
Baeten says he’s proud of how the officers handled the situation, showing how adaptable the department is. Police said they also did their best to keep the bird from any harm by using long gloves and a fishing net to capture the wild bird.
“It really underscores the unpredictable nature of the job that our officers are asked to do at any given time,” Baeten said.
Madden said it has the whole building ‘talking turkey’ after the incident.
“I think it’s kind of funny. I’m just glad it wasn’t my apartment,” Madden said.
Police sais they released the turkey unharmed outside after the capture.
Copyright 2022 WSAW via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/09/im-just-glad-it-wasnt-my-apartment-police-capture-turkey-breaking-entering/ | 2022-08-10T00:13:51Z |
SOFIA, Bulgaria (AP) — Bulgaria’s defense capabilities will not be seriously affected by Moscow’s decision to suspend Russian helicopter repair certificates to local companies, the defense minister said on Friday.
Dragomir Zakov said Bulgaria would also continue to repair Ukrainian military equipment.
Russian Foreign Ministry spokesperson Maria Zakharova said in a statement a day earlier that NATO and EU member countries are supplying weapons and military equipment to Ukraine and planning their repair at plants in Eastern Europe.
In response to this, she said, Russia is suspending permission for two Bulgarian companies and one Czech company to carry out repairs and maintenance of Russian-designed helicopters. The statement implies that Russia will also no longer provide spare parts.
Bulgaria had previously agreed to repair Ukrainian military equipment at its military factories, although it refused to send weapons directly.
Zakov said that Moscow’s decision would not seriously affect Bulgaria, nor would it hinder its repair of Ukrainian military equipment.
“What happened with gas has now happened with helicopter licenses,” Zakov said, referring to an earlier suspension of Russian gas deliveries to Bulgaria after it refused to pay in rubles. | https://cw33.com/news/international/ap-international/bulgaria-will-still-repair-ukrainian-military-equipment/ | 2022-07-16T09:01:52Z |
NEW YORK, June 28, 2022 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Inotiv, Inc. ("Inotiv" or the "Company") (NASDAQ: NOTV) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Inotiv securities between September 21, 2021 and June 13, 2022, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/notv.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.
The Complaint alleges the Defendants made false and/or misleading statements that misrepresented and failed to disclose the following adverse facts pertaining to the Company's business, operations, and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Envigo and the Company's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the AWA; (2) Envigo and the Company's Cumberland Facility continuously violated the AWA; (3) Envigo and the Company did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, the Company was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) the Company did not engage in proper due diligence; and (7) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/notv or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Inotiv you have until August 22, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC | https://www.wibw.com/prnewswire/2022/06/28/bronstein-gewirtz-amp-grossman-llc-notifies-inotiv-inc-notv-investors-class-action-encourages-investors-contact-firm/ | 2022-06-28T14:24:57Z |
OTTAWA, ON, May 4, 2022 /PRNewswire/ - Today, the Royal Canadian Mint launches the Opulence Collection, exclusive numismatic masterpieces of exceptional craftsmanship featuring some of the world's rarest precious stones: pink diamonds from the famed Argyle mine. These jewels are the crowning element of pure gold and platinum coins that truly redefine rare. This new collection, headlined by the one-of-a-kind Ultimate, a one-kilo pure platinum pink diamond coin, was unveiled today at the Ottawa Art Gallery.
"The Royal Canadian Mint's reputation for crafting coins of exceptional sophistication and artistry is known to collectors around the world," Marie Lemay, President and CEO of the Royal Canadian Mint. "Celebrating the talent and imagination of our people through precious metal and fine art is our passion, as well as our trademark. We are proud that our new Opulence Collection takes our tradition of excellence to a whole new level."
To premiere this new exclusive collection, the Mint has partnered with Heffel Fine Art Auction House to sell The Ultimate, the collection's most prestigious showpiece. It will be offered at a live auction on May 31, 2022.
"Heffel is honoured to offer collectors the opportunity to acquire this rare, one-of-a-kind treasure, in partnership with the Royal Canadian Mint and Argyle mine" said David Heffel, President, Heffel Fine Art Auction House. "The Ultimate is truly a work of art, and its intricate design and mesmerizing beauty will undoubtedly capture the attention of passionate collectors and enthusiasts across the world."
Collectors interested in bidding on The Ultimate can register for the auction with Heffel.
The Opulence Collection, featuring pink diamond coins in its inaugural year, is the result of an exciting collaboration with the Royal Canadian Mint and Crossworks Manufacturing, a Canadian company and Authorized Partner of Argyle Pink Diamonds. With Rio Tinto's Argyle mine closing in 2020, the pink diamonds adorning the pure gold and platinum coins are among the rarest in the world, making the pieces truly unique.
"This limited edition collaboration is really exceptional in terms of its artistry, rarity and value, and we are very proud to be a part of this story," said Patrick Coppens, General Manager, Sales and Marketing, Rio Tinto Diamonds.
"There's a story of pride to tell here - an artisanal story of Canadian craftsmanship producing creations of extreme scarcity that will be sought after around the world," said Itay Ariel, Executive Director, Sales and Operation, Crossworks Manufacturing Ltd.
Released in very low mintages, the Pink Diamond coins consist of:
The Ultimate: One-kilo $2,500 99.95% Pure Platinum Coin - Worldwide mintage of one
Splendour: 10 oz. $1,250 99.95% Pure Platinum Coin - Worldwide mintage of five
Grandeur: 2 oz. $350 99.95% Pure Platinum Coin - Worldwide mintage of 30
Treasure: 1 oz. $200 Pure Gold Coin – Worldwide mintage of 400
The exclusive numismatic works of art from the Opulence Collection, can be directly ordered from the Mint at 1-800-267–1871 in Canada, 1-800-268–6468 in the US, or at www.mint.ca. Kunming Diamonds is the Premier Global Distributor of Opulence Collection products.
For an in-depth look at the Opulence Collection, visit www.mint.ca/opulence. Images and video of these spectacular pink diamond coins are available here.
The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada's circulation coins. The Mint is one of the largest and most versatile mints in the world, offering a wide range of specialized, high quality coinage products and related services on an international scale. For more information on the Mint, its products and services, visit www.mint.ca. Follow the Mint on Twitter, Facebook and Instagram.
Since 1978, Heffel has connected passionate collectors across the world with outstanding works of art, with sales totaling three quarters of a billion dollars. With offices in Toronto, Vancouver, Montreal, Ottawa and Calgary, Heffel has the most experienced team of fine art specialists in Canada and provides superior client service to both sellers and buyers internationally.
Rio Tinto is a mining and metals company operating in 35 countries around the world. Our purpose is to produce the materials essential to human progress. Our four product groups bring this purpose to life: Aluminium, Copper, Minerals and Iron Ore. These are complemented by our Safety, Technical and Projects, Strategy & Development, and Commercial groups, as well as our service and support functions.
Each Treasure coin is crafted of 1 oz. of 99.99% pure gold. Inspired by architectural elements, its reverse design by Canadian artist Simon Ng features a ring of Art Deco motifs that surround a central cherry blossom, whose petals are decorated with swirls. The engraved art is adorned with five Fancy Vivid Pink diamonds with a 0.06 total carat weight (tcw). Each one has been hand set into a rose gold-plated, platinum cast jewellery piece fashioned by Beverly Hills Jewellers. The obverse features a field pattern inspired by the cherry blossom petals on the reverse, and the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt. Limited to a mintage of 400 coins worldwide, Treasure retails for $12,999.95.
Grandeur is crafted from 2 oz. of 99.95% pure platinum, a precious metal even more rare than gold. Designed by Simon Ng, the reverse features an exquisite cherry blossom surrounded by a ring of lush flowers and filigree vines. The engraved artwork of this 42 mm coin is enhanced with 30 Fancy Vivid Pink diamonds (0.34 tcw) that have been hand set into rose gold-plated, platinum cast jewellery enhancements fashioned by Beverly Hills Jewellers. The rare diamonds radiate from the centre of the flower toward the rose gold-plated rim. The obverse features a cherry blossom field pattern and the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt. Limited to a mintage of only 30 coins worldwide, Grandeur retails for $54,999.95.
This creation designed by Simon Ng is the Mint's first-ever 10 oz. 99.95% pure platinum coin. Its reverse features a finely engraved cherry blossom surrounded by a delicate lacework of vines and framed by intricate latticework. Set into jewellery enhancements fashioned by Beverly Hills Jewellers, 64 Fancy Vivid Pink diamonds (1.2 tcw) add sparkle to the latticework decorating this 76.25 mm coin. The obverse features a vine field pattern and the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt. With only five of these luxury collectibles available worldwide, Splendour retails for $253,999.95.
This one-of-a-kind masterpiece is the flagship coin of the Opulence collection. It is also the Mint's first-ever one-kilo 99.95% pure platinum coin. Polished to proof perfection, The Ultimate features a reverse design by Canadian artist Derek Wicks that brings the beauty of the cherry blossom to life on a 101.6 mm canvas. A total of 462 Fancy Vivid Pink diamonds (6.5 tcw) from the Argyle mine have been hand set into rose gold-plated, platinum cast jewellery pieces fashioned by Beverly Hills Jewellers.
These precious enhancements on the coin's reverse add sparkle to the rose gold-plated rim and the petals of more than two dozen flowers, including the central bloom, where the gem-set blossoms form an exquisite clustered bouquet. The obverse features a cherry blossom field pattern and the effigy of Her Majesty Queen Elizabeth II by Susanna Blunt.
This singular showpiece will be exclusively available through a Heffel Fine Art Auction House auction on May 31, 2022.
The exclusive numismatic works of art from the Opulence collection can be directly ordered from the Mint at 1-800-267‑1871 in Canada, 1-800-268‑6468 in the US, or at www.mint.ca. Kunming Diamonds is the Premier Global Distributor of Opulence Collection products.
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SOURCE Royal Canadian Mint | https://www.kxii.com/prnewswire/2022/05/05/royal-canadian-mint-redefines-rare-with-opulence-collection-featuring-exquisite-pink-diamonds-argyle-mine/ | 2022-05-05T02:04:33Z |
Which KidKraft playset is best?
KidKraft, a maker of wooden toys and furniture, says its products are “Made for Make-Believe.” Kids like to have a place to explore, play and learn, and KidKraft offers a number of playsets to keep them busy while sparking their imaginations.
If you are looking for a design-inspired, consumer-led and kid-approved playset, check out the KidKraft Majestic Mansion Dollhouse. This tall, wood dollhouse has four levels and eight rooms — big enough for the biggest imaginations. It comes with 34 movable pieces of furniture and accessories so your kids can redecorate over and over again.
What to know before you buy a KidKraft playset
KidKraft playsets are built to provide years of use. You can count on their products to be sturdier and better made than most of the competition.
Size
KidKraft playsets can get quite large, so figure out what your space limitations are before you go shopping.
Theme
KidKraft started by building dollhouses and has since offered themed playsets of many different types: kitchens, fire stations, horse stables, space shuttles, pirate ships and even your child’s own mini-city.
To learn even more about KidKraft playsets, take a look at the full KidKraft playset buying guide from BestReviews.
What to look for in a quality KidKraft playset
Number of pieces
The more pieces a KidKraft playset has, the more room the child’s imagination has to roam. Some playsets have tracks made up of individual pieces that easily attach to one another. This customizability allows children to experiment with configurations.
Movement
Kids like to push, pull, press and turn things. It’s all a part of young children exploring their world. Look for doors that swing open, drawers that pull and knobs that turn. Check to see that they are kid-sized, easy for small hands to grasp and have no rough or sharp edges.
Light and sound
Some KidKraft playsets have battery-operated lights and sounds. KidKraft’s kitchen playset, for example, has a stove with burners that glow orange and make sizzling sounds, and a refrigerator that mimics what you’d see and hear when using a real refrigerator’s water and ice dispensers.
How much you can expect to spend on a KidKraft playset
Most KidKraft playsets cost between $100 and $200. Bigger and more intricate playsets run as high as $300, and smaller and simpler playsets cost from $50 to $100.
KidKraft playset FAQ
How long will it take to assemble a KidKraft playset?
A. You can put together the simple ones by yourself in less than an hour. For larger, more detailed KidKraft playsets, plan on spending an hour or two with a friend helping. Generally speaking, the first time you take on a DIY project, allow for twice the “average” time the instructions say it will take to assemble. Make sure you keep the instructions.
What is the difference between a playset and a playhouse?
A. Although the terms sometimes are used interchangeably, a playset is usually open on one side so children can move dolls, furniture and toys around. A playset might be the size of a dollhouse, or it might feature toy appliances or other everyday objects scaled down to kid size. Playhouses usually are an enclosed space designed for children to enter and exit.
What’s the best KidKraft playset to buy?
Top KidKraft playset
KidKraft Majestic Mansion Dollhouse
What you need to know: This 52-by-14-by 53-inch wood dollhouse has four levels and eight rooms, including a nursery in the attic.
What you’ll love: This 4.5-foot-tall dollhouse is big enough for the biggest imaginations and accommodates dolls up to 12 inches tall. At 56 pounds, it is sturdily constructed with garage doors that open and close and an elevator that goes up and down between the second and third floors. This KidKraft playset comes with 34 movable pieces of furniture and accessories.
What you should consider: Assembling this playset is time-consuming and it takes up a lot of floor space.
Where to buy: Sold by Amazon
Top KidKraft playset for the money
KidKraft Metropolis Wooden Train Set and Table
What you need to know: Your child can build an entire city with this 100-piece playset.
What you’ll love: It includes a bulldozer, barge with shipping containers, a double-decker bridge and a working crane to move things around. Everything you need for a city is included: people, buildings, signs, cars, a train, an airplane, a helicopter and more. The built-in trundle drawer keeps all the pieces stored in one space. The design of this KidKraft playset is compatible with all major toy train brands, including Thomas & Friends.
What you should consider: Users report that the assembly instructions are difficult to follow. Plan on getting some help if you are not a DIYer.
Where to buy: Sold by Amazon
Worth checking out
KidKraft Ultimate Corner Wooden Play Kitchen
What you need to know: This is a highly realistic, kid-sized, high-end kitchen that fits nicely in the corner of a play area.
What you’ll love: The refrigerator, oven, microwave, dishwasher and washing machine all have doors that open. Its knobs, buttons and handles are easy for small hands to grip. It has a lot of working lights and sounds for a multisensory experience. Burners light up, glow orange and make frying sounds. The water dispenser in the refrigerator door lights up and makes splashing sounds. The lights and sounds are powered by nine LR44 batteries, which are included.
What you should consider: The manufacturer says this product can easily take up to three hours to assemble, so ask a friend to help.
Where to buy: Sold by Amazon
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David Allan Van writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/action-figures-playsets-br/best-kidkraft-playset/ | 2022-06-22T17:49:11Z |
Windward's Maritime AI™ platform is driving digital transformation in the commodity trading industry by mitigating trade and sanctions compliance risk
LONDON, Sept. 16, 2022 /PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI™ company, announced today that it has signed agreements with three Swiss commodity trading companies. The companies, involved in the trading of oil and gas, petrochemicals, bulk products, fertilizers, and soft commodities, will use Windward's platform to enhance due diligence and vessel screening processes, and to mitigate trade and sanctions compliance risk.
The ongoing conflict in Ukraine has brought turbulence to the commodity trading industry with sanctions against Russia evolving on a regular basis. New regulations set by the US, EU, and G7 will create even further complications with price caps set on crude oil starting in December 2022 and oil products in February 2023. These regulations identify and list deceptive shipping practices which are being increasingly used by vessels to evade sanctions.
Since the beginning of the conflict, there has been a drastic increase in Russian vessels engaging in dark activity and using ship-to-ship transfers to transport goods including allegedly stolen Ukrainian grain, making it even more difficult for businesses to ascertain legitimate and 'clean-conscious' deals. In light of the new sanctions, all service providers involved in maritime trade ranging from traders to insurers now need a comprehensive awareness of risk related to all entities they do business with.
The three Swiss commodity traders will use Windward's platform to enhance their due diligence and screening processes to mitigate all maritime related risks including sanctions risk, compliance risk, and risk associated with third parties including customers, vendors, employees, contractors, and others. Windward's platform analyzes numerous factors including vessel behaviors, ownership structures, company risks, and others, predicting in real-time which companies and vessels are likely to be high risk, and which are safe to conduct business with.
"No matter where in the world a company trades, it's increasingly becoming more complex and the risks involved are becoming greater," said Ami Daniel, Co-founder and CEO of Windward. "The upcoming cap on Russian oil prices complicates the process even further, adding more risk factors that traders must look out for including new companies in high risk regimes and abnormal patterns. As sanctions continuously evolve and geopolitical tensions turn into real-life trade issues, companies need the help of advanced technology and AI to efficiently monitor, screen, and vet their business partners to successfully mitigate risk."
Windward's Maritime AI™ solution is powered by advanced machine learning and behavioral analytics models, empowering its clients across the government, finance, shipping, energy sectors, and beyond to optimize business practices and efficiently navigate all aspects of maritime risk in real-time.
About Windward
Windward (LSE: WNWD), a publicly traded company on the London Stock Exchange, is the leading Maritime AI™ company, enabling organizations to achieve business and operational readiness. Windward's AI-powered solution allows stakeholders including banks, commodity traders, insurers, and major energy and shipping companies to make real time, predictive intelligence-driven decisions, providing a 360° view of the maritime ecosystem and its broader impact on safety, security, finance, and business. For more information visit: https://windward.ai/.
Media Contact
David Hoffman
Headline Media
david@headline.media
+972-52-842-1955
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SOURCE Windward | https://www.wibw.com/prnewswire/2022/09/16/windward-signs-three-swiss-commodity-traders-enhance-compliance-due-diligence-processes/ | 2022-09-16T12:40:54Z |
NORTHBROOK, Ill., May 13, 2022 /PRNewswire/ -- The following is a notification from UL that the Combination Smoke/Carbon Monoxide alarms (CO/Smoke alarms) identified below bear unauthorized UL Certification Marks for the United States. UL has not evaluated these CO/Smoke alarms to the appropriate Standards for Safety, and it is unknown if the CO/Smoke alarms comply with any safety requirements.
The CO/Smoke alarms identified below were not manufactured by and are not associated with Siterwell Electronics. The Siterwell Electronics, Model GS811-A, CO alarm marked "Siterwell Electronics" and bearing a UL Certification Mark is not covered by this notice.
Name of Product: Elvicto or vitowell CO/Smoke Alarm Model GS811-A
Remedy: UL recommends that you stop using this product and obtain a properly UL Certified smoke alarm and CO (Carbon Monoxide) alarm.
Identification on the Product:
The vitowell CO/Smoke alarms bear the following marking:
For logo please visit UL.com
Brand: vitowell
Model GS811-A
The Elvicto CO/Smoke alarms bear the following marking:
For logo please visit UL.com
Brand: Elvicto
Model: GS811-A
Photographs:
For photos please visit the Public Notices section of UL.com
Known to be distributed and sold by: Amazon.com, eBay.com, and online retailers worldwide.
About UL
UL is a global safety science leader. We deliver testing, inspection and certification (TIC), training and advisory services, risk management solutions and essential business insights to help our customers, based in more than 100 countries, achieve their safety, security and sustainability goals. We believe our deep knowledge of products and intelligence across supply chains makes us the partner of choice for customers with complex challenges. Discover more at UL.com.
CONTACT:
Peyton Zylke
Corporate Communications
UL
847.226.3483
Peyton.Zylke@ul.com
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SOURCE UL | https://www.mysuncoast.com/prnewswire/2022/05/13/ul-warns-unauthorized-ul-marks-cosmoke-alarms/ | 2022-05-13T16:39:53Z |
A new ABI Research whitepaper explains how 5G-Advanced features and tools are ripe for enterprise deployment and innovation, and without it, 5G is doomed to fail
NEW YORK, July 14, 2022 /PRNewswire/ -- By 2030, 75% of 5G base stations will be upgraded to 5G-Advanced, accounting for 76 million radios, 23 million macro basebands, and 13 million small cells – all in the consumer market. Adoption in the enterprise will be slower, with half (14 million) small cells upgraded to 5G Advanced by 2030. This dynamic is illustrative of both 5G's impressive evolution –and current frustrating shortcomings.
In its new whitepaper, Is the Industry – and the World – Ready for 5G Advanced?, global intelligence firm ABI Research explores how 5G Advanced—the next evolution of 5G—can be the key to unlocking new capabilities and revenue streams. "It offers features and tools that are ripe for enterprise deployment and innovation, including high-precision 5G positioning, advanced Sidelink device-to-device (D2D) communication, affordable and flexible Reduced Capability (RedCap) New Radio, and support for a host of augmented, virtual, and extended reality use cases," explains Dimitris Mavrakis, Senior Research Director at ABI Research, and author of the whitepaper.
"However, it remains to be seen whether operators are poised to take advantage," Mavrakis ponders. 5G standalone (5G SA), a precursor to 5G Advanced that introduced Service Based Architecture (SBA), where the core network deployment process is based on microservices, APIs and functionality exposure to third parties, has barely broken through. Only a handful of operators have launched nationwide deployments, and most SA launches are focusing on network efficiency rather than innovative use cases.
"This is a mistake that the industry cannot keep repeating. If it does, 5G will be doomed to failure and the industry will be forced to restart the cycle again with 6G," Mavrakis concludes.
To learn more about the evolution of 5G and receive a detailed analysis of 5G-Advanced, download the whitepaper, Is the Industry – and the World – Ready for 5G Advanced?
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
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SOURCE ABI Research | https://www.kxii.com/prnewswire/2022/07/14/majority-historical-5g-growth-comes-consumer-market-leaving-enterprise-woefully-underserved-will-5g-advanced-change-that/ | 2022-07-14T13:27:50Z |
TAIPEI, Taiwan (AP) — China announced more military drills around Taiwan as the self-governing island’s president met with members of a new U.S. congressional delegation on Monday, threatening to renew tensions between Beijing and Washington after a similar recent visit by U.S. House Speaker Nancy Pelosi angered China.
Pelosi was the highest-level member of the U.S. government to visit Taiwan in 25 years, and her trip prompted nearly two weeks of threatening military exercises by China, which claims the island as its own. In those drills, Beijing fired missiles over the island and into the Taiwan Strait and sent warplanes and navy ships across the waterway’s midline, which has long been a buffer between the sides that split amid civil war in 1949.
China accuses the U.S. of encouraging the island’s independence through the sale of weapons and engagement between U.S. politicians and the island’s government. Washington says it does not support independence, has no formal diplomatic ties with the island and maintains that the two sides should settle their dispute peacefully — but it is legally bound to ensure the island can defend itself against any attack.
American and Taiwanese officials have accused China of using Pelosi’s visit as a pretext for intimidating moves, and a senior U.S. official said recently that Washington would continue to deepen its ties with Taiwan in the coming days and weeks.
The latest trip began Sunday with little notice ahead of time — and drew more ire from China. The delegation was due to leave late Monday.
“China will take resolute and strong measures to defend national sovereignty and territorial integrity,” Chinese Foreign Ministry spokesperson Wang Wenbin said at a daily briefing Monday, after Beijing announced new drills in the seas and skies surrounding Taiwan. “A handful of U.S. politicians, in collusion with the separatist forces of Taiwan independence, are trying to challenge the one-China principle, which is out of their depth and doomed to failure.”
The new exercises were intended to be “resolute response and solemn deterrent against collusion and provocation between the U.S. and Taiwan,” the Defense Ministry said earlier.
It was not clear if the new drills had already started since the ministry gave no details about where and when they would be conducted, in contrast to previous rounds.
The U.S. lawmakers, led by Democratic Sen. Ed Markey of Massachusetts, met with President Tsai Ing-wen, Foreign Minister Joseph Wu and legislators, according to the American Institute in Taiwan, Washington’s de facto embassy on the island.
At their meeting, Tsai said her administration was working with allies to ensure stability in the Taiwan Strait and maintain the status quo — a reference to the island’s self-governance, separate from Beijing.
“Russia’s invasion of Ukraine earlier this year has shown the threat that authoritarian nations pose to the global order,” Tsai said.
Markey responded by saying Washington and Taipei had a “moral obligation to do everything we can to prevent an unnecessary conflict and Taiwan has demonstrated incredible restraint and discretion during challenging times.”
The senator also highlighted legislation intended to boost political and economic ties with Taiwan, especially in the critical semiconductor industry. Taiwan is a crucial provider of computer chips for the global economy, including China’s high-tech sectors, and beyond the geopolitical risks of rising tensions in the region, an extended crisis in the Taiwan Strait could have major implications for international supply chains at a time when the world is already facing disruptions and uncertainty.
Markey is one of the few members of Congress still serving who voted for the 1979 Taiwan Relations Act that ensured continued relations with the island following the switch of U.S. diplomatic recognition from Taipei to Beijing. The other members of the delegation are Republican Rep. Aumua Amata Coleman Radewagen, a delegate from American Samoa, and Democrats John Garamendi and Alan Lowenthal from California and Don Beyer from Virginia.
China says it wants to use peaceful means to bring Taiwan under its control, but its recent saber rattling has emphasized its threat to take the island by military force. The earlier drills appeared to be a rehearsal of a blockade or attack on Taiwan that would force the cancellation of commercial flights and disrupt shipping to Taiwan’s main ports as well as cargo passing through the Taiwan Strait, one of the world’s busiest shipping lanes.
The exercises prompted Taiwan to put its military on alert, but were met largely with defiance or apathy among the public used to living in China’s shadow.
The American “visit at this time is of great significance, because the Chinese military exercise is (intended) to deter U.S. congressmen from visiting Taiwan,” Lo Chih-cheng, the chair of the Taiwan legislature’s Foreign and National Defense Committee, said after meeting with the U.S. lawmakers.
“Their visit this time proves that China cannot stop politicians from any country to visit Taiwan, and it also conveys an important message that the American people stand with the Taiwanese people,” Lo said.
A senior White House official on Asia policy said last week that China had used Pelosi’s visit as an excuse to launch an intensified pressure campaign against Taiwan.
“China has overreacted, and its actions continue to be provocative, destabilizing, and unprecedented,” Kurt Campbell, a deputy assistant to U.S. President Joe Biden, said on a call with reporters on Friday.
Campbell said the U.S. would send warships and planes through the Taiwan Strait in the next few weeks and is developing a roadmap for trade talks with Taiwan that he said the U.S. intends to announce in the coming days. | https://cw33.com/news/politics/ap-politics/us-congress-members-meet-taiwan-leader-amid-china-anger/ | 2022-08-15T17:17:09Z |
Which Coleman grill is best?
Coleman is one of the most trusted brands available for almost any outdoor need, and one of their best products is the Coleman grill. Known for their quality of construction and easy-to-use designs that pack in all kinds of extra features without breaking the bank, Coleman grills are hugely popular choices for all kinds of portable grilling, from camping to tailgating.
The best Coleman grill for any need is the Coleman Road Trip 285 Propane Portable Grill. This three-burner, adjustable strength grill might stretch the term portable to its limit, but the power and options available are impossible to beat.
What to know before you buy a Coleman grill
Coleman grill sizes
Coleman grill sizes fall into three categories: grill size, burner size and overall size. For more information, visit the Coleman grill buying guide from BestReviews.
- Grill: The grill size covers the total cooking surface area. It’s measured in square inches and British Thermal Units, which relates the amount of heat the grill can produce.
- Burner: Coleman grills have between one and three adjustable burners, all in a horseshoe shape for balancing heat across the grill’s surface.
- Overall: The overall size is the total size of the grill both when folded away and when in use. More powerful grills are larger when folded and when in use and are meant more for road trips, but even two-burner grills can be folded away quite small for camping or backpacking.
Charcoal vs. electric vs. propane grills
Coleman grills are fueled using electricity, charcoal or propane gas.
- Electricity: Electric grills aren’t really meant for use outside, as they require a significant power source, like a portable generator, to properly cook food. This makes them far more suited to grilling indoors at home, since they don’t produce the harmful gases that charcoal and propane do.
- Charcoal: This fuel source for Coleman grills isn’t quite as convenient as propane, as you have to transport the briquettes and dispose of them after. Charcoal grills tend to cost less, however.
- Propane: Propane grills are the gold standard for Coleman grills. Propane is the most efficient fuel source for Coleman grills, with 1-pound propane bottles lasting upwards of 2 hours. They’re the most portable too.
Coleman performance
BTU is the unit assigned to all grills, portable or not, for relating performance. While it doesn’t correlate to cooking temperature, a quick method of calculating cooking efficiency is to make sure you have 50 BTU+ per square inch of cooking surface.
What to look for in a quality Coleman grill
Best way to clean a Coleman grill
Coleman grills are surprisingly easy to maintain and clean. They usually have built-in grease management systems and removable porcelain-coated grilling grates that are also dishwasher-safe.
Coleman multi-use grills
Some Coleman grills are more versatile than others and have features like grilling grates that can be swapped with griddles or stovetops. Large models can have slide-in and -out tables, and still other models have built-in thermometers.
Weatherproof Coleman grills
Coleman grills are meant for use outdoors, and as such have various protections against inclement weather. They usually feature some sort of built-in wind protection, and most use Coleman’s PerfectFlow/PerfectHeat systems to maintain gas supply and thus efficiency.
How much you can expect to spend on a Coleman grill
Coleman grills are very affordable across the board, with tons of value even when compared to full grills. You can get everything you need in a portable grill for less than $150, with the highest-cost, top-of-the-line Coleman grills reaching only $400, or about half the cost of a full grill.
Coleman grill FAQ
Which Coleman grill is the most portable?
A. While all Coleman grills are designed with a portability-to-size ratio in mind, the “most” portable Coleman grill models are those with “Fold N Go” designation.
Can I use full-size propane bottles with my Coleman grill?
A. Yes, you can use full-size 20-pound propane bottles with Coleman grills. That said, Coleman grills are designed around portability and thus natively use 1-pound propane bottles. You’ll need to purchase an adapter and hose to utilize 20-pound propane bottles.
What’s the best Coleman grill to buy?
Top Coleman grill
Coleman Road Trip 285 Propane Portable Grill
What you need to know: This three-burner Coleman grill with adjustable temperatures is a powerhouse option for any traveling griller.
What you’ll love: Two side tables which slide in and out of the grill keep your utensils and plates easily reachable, plus five different color options means more opportunity for finding your favorite.
What you should consider: If maximum portability is your main focus, this quite large Coleman grill might not be the best option.
Where to buy: Amazon
Top Coleman grill for the money
Coleman Fold N Go Propane Grill
What you need to know: A foldable design and included handle make this one of the most easily portable Coleman grill options.
What you’ll love: This Coleman grill is easy to clean due to its included grease tray and removable porcelain grill grate.
What you should consider: This propane grill is big enough to cook for a handful of people and isn’t suggested for more than that small amount.
Where to buy: Amazon
Worth checking out
Coleman PerfectFlow Portable Camp Stove
What you need to know: If you need to grill on the go or need a portable stove, this two-in-one Coleman grill is an excellent choice.
What you’ll love: It’s rustproof due to its quality steel construction and has wind block panels that can be folded in and out of the way as needed.
What you should consider: While the two burners are supposed to be adjustable, in practice the flames are essentially just high and low.
Where to buy: Amazon
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Jordan C. Woika writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/patio-br/grilling-outdoor-cooking-br/best-coleman-grill/ | 2022-07-03T12:44:27Z |
Partnership Creates a Stronger Mental Health Network for Veterans and Families Across the Country
TYSONS, Va., July 7, 2022 /PRNewswire/ -- The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, furthered its commitment to military heroes with a $50,000 grant to support Vets4Warriors, the nation's leading 24/7 military peer support program staffed by veterans. Vets4Warriors provides comprehensive support for service members and their families seeking assistance dealing with issues ranging from suicidal thoughts, stress reactions, and post-traumatic stress disorder to marital and financial matters, service members transitioning into and out of the military and more.
"The PenFed Foundation is proud to partner with Vets4Warriors to support their critical mission of running a 24/7 confidential peer support network for struggling veterans, active-duty service members, National Guard, reservists, their families and caregivers as they navigate the challenges of daily life," said PenFed Credit Union EVP and President of PenFed Foundation Shashi Vohra. "We stand by service members and their families and encourage those who need help to seek it."
Vets4Warriors hires veterans and trains them to help guide members of the military community who are struggling in the right direction by connecting them with resources or just being a place to lend an open ear. Vets4Warriors' goal is to help veterans in crisis before they become suicidal, and to intervene before challenges become crises. To date, Vets4Warriors has made more than 650,000 connections with individuals via phone, chat, and email to provide support.
"It is a true honor to partner with the PenFed Foundation to support our nation's military, veterans, family members and caregivers together," said retired U.S. Army Maj. Gen. Mark Graham and Executive Director of Vets4Warriors. "We are extremely excited about this relationship and the impact this grant will have as we operate 24/7 to ensure no one is ever alone and that a trained veteran is ready to answer their call whenever they need support. Thank you, PenFed, for your trust and confidence in the work our team does around-the-clock. This is only the beginning, as together we will work hard to reach more of our nation's finest in their time of need."
Members of the military community who are interested in peer support are encouraged to visit Vets4Warriors' contact page here.
About PenFed Foundation
Founded in 2001, the PenFed Foundation is a national nonprofit organization committed to empowering military service members, veterans and their communities with the skills and resources to realize financial stability and opportunity. It provides service members, veterans, their families and support networks with the skills and resources they need to improve their lives through programs on financial education, homeownership, veteran entrepreneurship and short-term assistance. Affiliated with PenFed Credit Union, the Foundation has the resources to effectively reach military communities across the nation, build strong partnerships, and engage a dedicated corps of volunteers in its mission. The credit union funds the Foundation's personnel and most operational costs, demonstrating its strong commitment to the programs the Foundation provides. Equal Housing Opportunity. To learn more, visit www.penfedfoundation.org.
About Vets4Warriors
Vets4Warriors launched in December 2011. For 10 years Vets4Warriors is growing, expanding, and doing all that they can to ensure that every member of the military community knows that they are never alone. So far, they have made more than 650,000 connections with individuals via phone, chat, and email to provide support before challenges turn into crises. They have earned recognition as the nation's leading 24/7 military peer support program staffed by veterans. Vets4Warriors'peer-to-peer support network has been connecting people, information, ideas and resources to generate powerful solutions for members of the military and veteran communities for more than five years. Vets4Warriors, housed at the Rutgers University Behavioral Health Care National Call Center, is a one-of-a-kind, 24/7 peer support network. They operate completely independent of the VA and the U.S. military; this independence allows callers to feel confident that everything they share with them will always remain 100% confidential.
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SOURCE PenFed Foundation | https://www.wibw.com/prnewswire/2022/07/07/penfed-foundation-provides-mental-health-support-members-military-community-with-50000-grant-vets4warriors/ | 2022-07-07T20:15:44Z |
Appoints Interim CEO
Elects New Chair; Separates Chair and CEO Roles
CHARLOTTE, N.C. , Aug. 5, 2022 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) today announced that its Board of Directors has accepted the resignation of Gary S. Michel as chair and CEO. Upon his resignation, the Board appointed Kevin C. Lilly, most recently the company's executive vice president and chief information officer, as interim CEO. In addition, current independent director David G. Nord, former chairman and CEO of Hubbell Incorporated, was elected chair of JELD-WEN's Board of Directors. The Board has initiated a comprehensive search for a new CEO, including consideration of both internal and external candidates.
"We appreciate Gary's leadership and contributions to the company during his tenure," commented Nord. "JELD-WEN remains committed to delivering long-term value to our shareholders. We have confidence in Kevin's leadership and will work closely with him and the management team to ensure that this change is seamless for our customers, shareholders and associates. The Board is committed to conducting a thorough search to identify the best candidate to lead JELD-WEN's continued growth and transformation."
Lilly said, "I am honored to serve in this role at this important time. JELD-WEN is a leading global manufacturer of high-quality building products with talented people and world-class brands. I look forward to working alongside the Board, our leadership team and associates to realize our full potential."
Headquartered in Charlotte, N.C., JELD-WEN is a leading global manufacturer of high-performance interior and exterior building products, offering one of the broadest selections of windows, interior and exterior doors, and wall systems. JELD-WEN delivers a differentiated customer experience, providing construction professionals with durable, energy-efficient products and labor-saving services that help them maximize productivity and create beautiful, secure spaces for all to enjoy. The JELD-WEN team is driven by innovation and committed to creating safe, sustainable environments for customers, associates, and local communities. The JELD-WEN family of brands includes JELD-WEN® worldwide; LaCantina™ and VPI™ in North America; Swedoor® and DANA® in Europe; and Corinthian®, Stegbar®, and Breezway® in Australia. Visit JELD-WEN.com for more information.
Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our business strategies and ability to execute on our plans, market potential, future financial performance, customer demand, the potential of our categories, brands and innovations, the impact of our footprint rationalization and modernization program, the impact of acquisitions and divestitures on our business and our ability to maximize value and integrate operations, our pipeline of productivity projects, the estimated impact of tax reform on our results, litigation outcomes, and our expectations, beliefs, plans, objectives, prospects, assumptions, or other future events. Forward-looking statements are generally identified by our use of forward-looking terminology such as "anticipate", "believe", "continue", "could", "estimate", "expect", "intend", "may", "might", "plan", "potential", "predict", "seek", or "should", or the negative thereof or other variations thereon or comparable terminology. Where, in any forward-looking statement, we express an expectation or belief as to future results or events, such expectation or belief is based on the current plans, expectations, assumptions, estimates, and projections of our management. Although we believe that these statements are based on reasonable expectations, assumptions, estimates and projections, they are only predictions and involve known and unknown risks, many of which are beyond our control that could cause actual outcomes and results to be materially different from those indicated in such statements.
Risks and uncertainties that could cause actual results to differ materially from such statements include risks associated with the impact of the COVID-19 pandemic on the company and our employees, customers, and suppliers, and other factors, including the factors discussed in our Annual Reports on Form 10-K and our other filings with the Securities and Exchange Commission.
The forward-looking statements included in this release are made as of the date hereof, and except as required by law, we undertake no obligation to update, amend or clarify any forward-looking statements to reflect events, new information or circumstances occurring after the date of this release.
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SOURCE JELD-WEN Holding, Inc. | https://www.wibw.com/prnewswire/2022/08/05/jeld-wen-announces-leadership-changes/ | 2022-08-05T12:14:00Z |
GCI expects scores to increase even more as it progresses toward 10 gig internet speeds
ANCHORAGE, Alaska, Aug. 3, 2022 /PRNewswire/ -- For the seventh straight year, GCI has been named Alaska's fastest internet service provider (ISP) by PCMag.com. GCI raised the bar yet again, setting a record high PCMag Speed Index (PSI) score of 176.7.
GCI's PSI score places it well above national providers Cox, Sparklight and AT&T Internet, which scored 143.8, 142.6, and 134, respectively. GCI's PSI score is also nearly three times higher than low earth orbit satellite provider Starlink, which clocked in at 60.5.
According to PCMag.com, "[GCI] set a record high of 149.0 last year for a PSI and eclipsed it again this time with a 176.7. It even has plans to introduce 10-Gig in the coming years."
"We're pleased to be recognized as Alaska's fastest ISP for the seventh year running," said GCI Chief Communications Officer Heather Handyside. "With the launch of residential 2 gig internet speeds last year and the addition of even more communities to our fiber-optic footprint, it's great to see that third-party analysis confirms what we already know — GCI delivers Alaska's fastest internet on the state's most advanced network!"
GCI was the first ISP in Alaska, and among the first in the country, to make 2 gig internet speeds widely available. Currently, GCI provides access to residential 2 gig internet speeds to 80% of Alaskans and is on track to deliver 10 gig service.
"Not only are we offering the best internet experience in Alaska, but we are also offering packages that combine GCI's superior internet service with 5G mobile service to provide cost savings and value for Alaskans," said GCI Chief Marketing Officer Kate Slyker. "Our customers can now get 5G and home broadband together starting at $99 a month for both services — it's a phenomenal deal. We are committed to sharing Alaska's most advanced network for Alaskans at an unmatched value."
GCI continues to expand its fiber footprint in Alaska and expects to launch 2 gig service in six new communities through its AU-Aleutians Fiber Project. The project is scheduled to deliver urban-level speed, service and reliability for the first time to the communities of Unalaska and Akutan by the end of 2022, Sand Point and King Cove by the end of 2023, and Chignik Bay and Larsen Bay in late 2024. GCI is also exploring a potential project to extend its fiber to Bethel, Alaska, which would deliver urban-level internet to the western Alaska community.
GCI's investment in its network doesn't just mean faster internet speeds, it also lays the groundwork for improved wireless service for its customers.
"As our PCMag rating indicates, GCI's internet service is leaps and bounds ahead of the competition, but it's important to point out that we have the same intention for GCI's wireless network," said Handyside. "In fact, we've already achieved that in Anchorage, where our 5G network delivers mobile data speeds that are twice that of AT&T. Alaskans need fast connectivity everywhere, not just at home."
GCI launched Alaska's first 5G network in Anchorage in 2020 and is currently expanding its 5G footprint in the Matanuska Valley. GCI expects to invest approximately $150 million in 2022 to improve wireless connectivity in communities across the state.
To determine a provider's PSI score, PCMag incorporates 80% of the download speed with 20% of the upload speed, based on results from PCMag's speed test tool. ISPs must receive a minimum of 100 different tests to be considered.
About GCI
Headquartered in Alaska, GCI provides data, mobile, video, voice and managed services to consumer, business, government, and carrier customers throughout Alaska, serving more than 200 communities. The company has invested more than $4 billion in its Alaska network and facilities over the past 40 years and recently launched true standards-based 5G NR service in Anchorage, now the nation's northernmost 5G service area. Learn more about GCI at www.gci.com. GCI is a wholly owned subsidiary of Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK, LBRDP). Learn more about Liberty Broadband at http://www.libertybroadband.com.
Visit the GCI Digital Newsroom for the latest news and information
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SOURCE GCI | https://www.mysuncoast.com/prnewswire/2022/08/03/pcmagcom-names-gci-alaskas-fastest-isp-seventh-consecutive-year/ | 2022-08-03T14:48:20Z |
Daily Harvest recalls meal after illness reports
(CNN) - Daily Harvest is recalling one of its meals, French Lentil with Leek Crumbles, after some customers posted on social media about getting sick after eating it.
Some people said they suffered from serious stomach pain, and others say their livers and gall bladders were damaged.
Daily Harvest is asking people to throw out that meal and said it is working with the Food and Drug Administration to investigate the issue.
“We launched an investigation to identify the root cause of the health issues being reported. We’re working closely with the FDA and with multiple independent labs to investigate this,” Daily Harvest said in a recall notice.
Daily Harvest said so far, all their tests on the product have come back negative.
The recall is not on the FDA’s website because these meals are sold directly to consumers, though health officials have proposed regulating meal plan services.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/06/23/daily-harvest-recalls-meal-after-illness-reports/ | 2022-06-23T15:57:56Z |
NASHVILLE, Tenn. (AP) — A developer has unearthed human remains that could be two centuries old while digging to lay the foundation of a new Nashville project not far from a Civil War fort and a cemetery dating back to 1822.
For Nashville, the discovery marks the latest intersection of economic boom times and the city’s rich and sometimes troubled history — where new amenities sprout up on or near lands where people long ago settled, battled or toiled, then died and were buried, often with little record of their final resting places.
In a court petition earlier this month, AJ Capital Management noted that the discovery occurred in the neighborhood near Fort Negley while the company was working on its Nashville Warehouse Co. mixed development, which will include apartments and business space.
The fort, built by runaway slaves and freed Black people for the Union, has become a flashpoint in recent years in Nashville’s long journey from a hub of the old Confederacy to a vibrant, modern city trying to cope with rapid growth. It sits about a half-mile away from the multi-building project, which is partially completed and flanked by a giant guitar sign and a construction crane in a quickly developing neighborhood with businesses, bars and restaurants.
The company is asking a Nashville chancery judge for permission to move the remains, which include skeletal pieces and thin wood fragments thought to be from coffins, to the adjacent, 200-year-old Nashville City Cemetery.
An archaeologist hired by the company wrote that her team discovered remains in May and again in June, describing them as not of Native American origin and “estimated to date to the early nineteenth century,” potentially putting them before the Civil War.
The archaeologist wrote that they are likely “isolated burials and not a more extensive cemetery distribution,” saying the remains were only found in two out of 53 4-by-6-foot excavations done to work on the foundation. Both were found at about 15 feet below ground, give or take a few feet. State archaeology officials, local police and the county medical examiner’s office were notified.
A portion of each burial and the remains was unexposed and preserved in place, the archaeologist wrote.
A spokesperson for AJ Capital did not respond to a request for additional comment.
Who these potentially centuries-old people might have been is an open question, according to Learotha Williams, a Tennessee State University professor who specializes in African-American, Civil War and Reconstruction studies.
He wouldn’t rule out that the remains could be Native American, from early settlers, from Civil War soldiers or from Black workers on the fort — though that seems less likely, since there was evidence of coffins, he said, and that was a level of respect not typically afforded to Black people at that time.
Williams said he would feel “a whole lot more comfortable having maybe an academic unit come in” to study the area where the remains were found. He described Nashville’s “spotty record” of sorting out friction between growth and historic preservation.
Williams did say things are “changing a bit” but there’s still “a ways to go” when it comes to Nashville’s sensitivity toward histories of marginalized people.
Most prominently, an effort several years ago to build up the area right by Fort Negley drew enough scrutiny that it was shelved because it was later found that the lands below likely were burial grounds.
Adjacent to the fort, developers had planned to build a housing and entertainment complex where Nashville’s former minor league baseball stadium had sat, near the foot of the fort.
After opposition grew, the city ordered an archaeological study that in January 2018 determined that human remains are likely still buried there, possibly of enslaved people who built the fort.
The plans were halted, and instead the city envisioned a park commemorating the fort and the people forced to build it. The city has demolished the baseball stadium and has been holding public meetings about the overhaul. A final draft of a master plan is expected to be released this summer.
After Confederate forces surrendered to Union soldiers in Nashville in 1862, the Union took more than 2,700 runaway slaves and freed Black people from their homes and churches and forced them to work on the fort, where they lived in “contraband camps.” Although they were promised money for their labor, few were paid. About 600 to 800 of them died.
The fort deteriorated over the years. The Works Progress Administration rebuilt it in 1936 and it reopened in 1938, but the fort fell into disrepair again. The Ku Klux Klan rallied there in the Jim Crow years, and segregated softball fields were later built nearby, according to the late author Robert Hicks.
The new development where the remains were found this year is further away from the fort, across a set of railroad tracks from where the baseball stadium sat. | https://cw33.com/news/u-s-news/ap-us-headlines/developer-finds-human-remains-near-nashville-civil-war-fort/ | 2022-08-14T01:54:21Z |
Automation Anywhere is recognized as a Magic Quadrant 'Leader' for the 4th consecutive year
SAN JOSE, Calif., July 28, 2022 /PRNewswire/ -- Automation Anywhere, a global leader in Robotic Process Automation (RPA), today announced that Gartner, Inc. has named it a 'Leader' for the fourth consecutive year in the July 2022 Gartner Magic Quadrant for Robotic Process Automation.
Automation Anywhere is one of 16 vendors assessed in fourth evaluation by Gartner of the fast-growing RPA market.
The company was named a Leader in the 2019, 2020, and 2021 Gartner Magic Quadrant for RPA as part of its continued mission to unleash human potential by helping every company build a digital workforce and succeed with automation. This newest placement comes just weeks after Automation Anywhere was ranked No.1 in worldwide public cloud RPA market share for a second consecutive year by the global research firm IDC.
"Companies are accelerating their adoption of automation and using the flexibility of our cloud platform to mitigate the impact of global events and navigate market challenges," said Mike Micucci, Chief Operating Officer, Automation Anywhere. "As a pioneer in this space, we are proud to be recognized as a Leader in the Gartner Magic Quadrant for RPA for four consecutive years. We believe this is a huge testament to our unrelenting focus on empowering every customer and every employee with more time to solve problems, build relationships, and drive business success."
Gartner reported that the global RPA software revenue grew to $2.4B by 31% in 2021, well above the average worldwide software market growth rate of 16%.[1] Additionally, new research from the Automation Now & Next report from Automaton Anywhere reveals that automation investments continue to trend upwards with more than 77% of business leaders indicating they will increase their automation budgets in the year ahead, and deploy 500 or more digital workers.
A complimentary copy of the Gartner, Inc. July 2022 'Magic Quadrant for Robotic Process Automation' research report is available here.
Interact with Automation Anywhere:
- Visit our website: www.automationanywhere.com
- Check out our monthly webinar series: https://www.automationanywhere.com/rpa-webinars
- Follow us on Twitter: @AutomationAnywh
- Explore with us on Instagram: https://www.instagram.com/automation_anywhere/
- Connect with us on LinkedIn: https://www.linkedin.com/company/automation-anywhere
Gartner Disclaimer
Gartner, Magic Quadrant for Robotic Process Automation, 25 July 2022, Saikat Ray, et. Al.
GARTNER and Magic Quadrant are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Automation Anywhere
Automation Anywhere is the No. 1 cloud automation platform, delivering automation and process intelligence solutions across all industries globally to automate end-to-end business processes for the fastest path to enterprise transformation. The company offers the world's only cloud-native platform combining RPA, artificial intelligence, machine learning, and analytics to automate repetitive tasks and build enterprise agility, freeing up humans to pivot to the next big idea and build deeper customer relationships that drive business growth. For additional information, visit www.automationanywhere.com.
Automation Anywhere and Automation 360, are trademarks/service marks or registered trademarks/service marks of Automation Anywhere, Inc. in the United States and other countries.
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SOURCE Automation Anywhere Inc. | https://www.mysuncoast.com/prnewswire/2022/07/28/automation-anywhere-named-leader-2022-gartner-magic-quadrant-robotic-process-automation/ | 2022-07-28T15:40:37Z |
BEIJING, June 25, 2022 /PRNewswire/ -- As the world is faced with stiff challenges, including the COVID-19 pandemic, regional conflicts, and backlash against globalization, the international community is striving for maintaining development while tackling deficits in global peace and governance.
"This is an age rife with challenges, but it is also an age full of hope," Chinese President Xi Jinping pointed out as he hosted the High-level Dialogue on Global Development on Friday in virtual format.
Xi noted some countries have politicized and marginalized the development issue, built "a small yard with high fences," imposed maximum sanctions, and stoked division and confrontation.
And he urged international community to recognize the prevailing trend of the world, firm up confidence, and act in unison and with great motivation to promote global development and foster a development paradigm featuring benefits for all, balance, coordination, inclusiveness, win-win cooperation and common prosperity.
Realizing people's dream for a better life
Xi recounted the story and his experience of being a farmer on the Loess Plateau in the late 1960s when speaking at the event.
He said that after visiting cities, towns and villages across China and many countries in the world throughout the years, one deep impression he got is that only through continuous development can the people's dream for a better life and social stability be realized.
Stressing placing development at the center of international agenda, Xi called for implementing the UN's 2030 Agenda for Sustainable Development and building a political consensus that development is valued by all people and cooperation is jointly pursued by all countries.
Pursuing common development
Under Xi's guidance, China has been committed to building a world of common prosperity. On Friday, Xi made four proposals for promoting common development.
He called for jointly building international consensus on promoting development. "Only when people all over the world live better lives can prosperity be sustained, security safeguarded and human rights solidly grounded."
He said the international community should work together to create an enabling international environment for development featured with open world economy and a just and equitable global governance system.
Protectionist moves will boomerang; anyone attempting to form exclusive blocs will end up isolating himself, Xi noted, adding maximum sanctions serve nobody's interest, and practices of decoupling and supply disruption are neither feasible nor sustainable.
The Chinese president also highlighted the necessity of fostering new drivers for development, saying efforts should be made to step up scientific and technological innovation as well as institutional innovation, advance modern industries, bridge the digital gap, and speed up low-carbon transition.
In terms of development, no country or individual should be left behind, Xi stressed, calling for forging a global development partnership.
"Developed countries should fulfill their obligations, developing countries should deepen cooperation, and the South and the North should meet each other halfway," said Xi.
China's solid promise
Bearing in mind the well-being of the entire humanity, Xi proposed the Global Development Initiative (GDI) at the General Debate of the 76th United Nations General Assembly in September 2021 in steering global development toward a new stage of balanced, coordinated and inclusive growth, which has been warmly received and strongly supported by more than 100 countries.
On Friday, Xi announced China's further pragmatic steps to give continued support to the 2030 Agenda for Sustainable Development and promote global prosperity.
He said China will upgrade the South-South Cooperation Assistance Fund to a Global Development and South-South Cooperation Fund, adding $1 billion to the fund on top of the $3 billion already committed as well as increase input to the UN Peace and Development Trust Fund.
China is willing to work with all sides to advance cooperation in poverty reduction and eradication, food production and supply, green development, vaccines' innovation, research and development as well as enhancing industrialization and connectivity, Xi noted.
According to the Chinese president, the country will set up a platform for experience and knowledge sharing on international development, a global development promotion center and a global knowledge network for development, for the purpose of exchanging governance experience and promoting mutual learning.
"We will host a global forum on youth development and take part in the launch of a global action plan on youth development, in a bid to pool as much strength as possible for the implementation of the 2030 Agenda for Sustainable Development," said Xi.
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SOURCE CGTN | https://www.mysuncoast.com/prnewswire/2022/06/26/cgtn-why-chinas-development-philosophy-can-help-promote-global-prosperity/ | 2022-06-26T04:49:29Z |
Which Logitech keyboard and mouse is best?
The more you use a keyboard and mouse, the more you appreciate ones that are designed to reduce strain on your hands, wrists and forearms. Ergonomic keyboards and mice have several features that make them more comfortable to use for long periods of time and let you get more done, too.
Logitech is one of the world’s leading manufacturers of ergonomic keyboards, mice and computer accessories. If you are looking for a top-of-the-line keyboard and mouse combo that works with both Windows and Mac, take a look at the Logitech MX Master 3 Wireless Keyboard and Trackball Mouse 228
What to know before you buy a Logitech keyboard and mouse
Cord or cordless?
Most of Logitech’s keyboards and mice are cordless. Cordless keyboards and mice are easier and more convenient to use because there is no wire to clutter your desktop or get in the way. The downside is that cordless products must have their batteries replaced or recharged periodically. And when they die, they are unusable until their power is restored. Corded keyboards and mice ensure always-on connectivity and are less expensive, too.
Mechanical or membrane?
Mechanical keyboards offer just a bit of resistance to pressure, so you feel the distinct “click” of the keys. Some keyboards use a membrane design that is more affordable but because the keys are not separate moving parts, they provide very little tactile feedback. People who type a lot tend to prefer mechanical keyboards.
Combo or separate?
Some people like to buy a keyboard and mouse in a package because bundling items saves money. Others like to buy them individually so they get the exact products they want.
Operating system
Some Logitech keyboards and mice work with both Windows and Mac products, but not all. Make sure to check for compatibility with your Android, OSX or iOS operating system.
What to look for in a quality Logitech keyboard and mouse
Ergonomics is the science that studies the relationships between workers and their environments. When it comes to keyboards and mice, ergonomic design seeks to maximize productivity while reducing user discomfort and fatigue.
Ergonomic keyboards
- Split is better: Most keyboards have all the keys marching across in parallel rows. Better ergonomic keyboards are split in the middle and angled away from each other, just like our arms and hands. Regular keyboards put strain on your wrists and arms from having to hold them unnaturally close together. Split keyboards let your arms hang naturally and your wrists work at the most comfortable angle.
- Tilted away: Some keyboards are height-adjustable. Horizontal keyboards put strain on your wrists . Keyboards that raise the top of the keyboard so it is tilted back toward you can make matters even worse. The most ergonomic keyboards have the keyboard tilted away from you, taking even more pressure off your wrists.
- Wrist rests: Logitech’s best ergonomic keyboards come with built-in wrist rests that provide cushioned support to reduce strain on your hands, wrists and forearms.
Ergonomic mice
A computer mouse should fit your hand so that your palm rests on it, taking pressure off the muscles of your hand and wrist. Buttons, trackballs and wheels should be easy to operate without having to strain.
Logitech offers three sizes of wireless Bluetooth mice and many choices of each. There are 16 small mice to choose from, 20 medium and 19 large. Logitech also offers plug-and-play USB nano wireless connections.
Left, right or both?
Unlike most mice, where there is one design to be used by both left- and right-handers, Logitech makes mice designed to be used by one or the other as well as mice that can be used with either hand.
How much you can expect to spend on a Logitech keyboard and mouse
Logitech keyboards range in price from $15-$200. Logitech mice cost between $11-$130 for most users and more than $400 for special mice for gamers.
Logitech keyboard and mouse FAQ
How do I clean my keyboard and mouse?
A. Keyboards and mice should be cleaned with short bursts of compressed air. If you need to remove stubborn dirt, use just a bit of isopropyl alcohol on a clean dry cloth and be very careful to stay away from any openings.
How long do batteries last in wireless keyboards and mice?
A. It depends on whether you are using AAA, AA or rechargeable batteries, and how you use your computer. They can last for a few months or as much as three years. Remember that rechargeable batteries degrade over time and will eventually need to be replaced, too.
What’s the best Logitech keyboard and mouse to buy?
Top Logitech keyboard and mouse
Logitech MX Master 3 Wireless Keyboard And Trackball Mouse
What you need to know: Logitech’s top keyboard-mouse combo works with Windows and Mac, Bluetooth and USB.
What you’ll love: The curved, split and sloping keyboard reduces strain on your hands, wrists and forearms. The palm lift adjusts to keep your wrists in three comfortable positions. The mouse is sculpted to size and has an ideally placed thumb wheel along with a fingertip wheel that uses electromagnets to scroll up to 90% faster than traditional mice.
What you should consider: This is a pricey combo for those who don’t often use keyboards and mice.
Where to buy: Sold by Amazon
Top Logitech keyboard and mouse for the money
K470 Slim Wireless Low-Profile Compact Keyboard And Mouse Combo
What you need to know: This minimalist, modern and ultra-thin wireless keyboard and mouse combo is optimized for Windows users.
What you’ll love: The wireless keyboard and mouse are whisper quiet for an ultra silent work experience that disturbs no one. The compact keyboard has a numerical keypad. The three-button mouse with rubber wheel and optical tracking is designed for ambidextrous use and has a wide, silent rubber wheel, magnetic keyplate and 18-month battery life.
What you should consider: This is a Windows-only combo.
Where to buy: Sold by Amazon
Worth checking out
Logitech MX Ergo Wireless K350 Keyboard And Trackball Mouse
What you need to know: This powerful mouse can be used with up to three Windows or Mac computers simultaneously so gamers can navigate seamlessly across them.
What you’ll love: The ergonomically sculpted mouse has a unique adjustable hinge that lets you customize the trackball angle from 0 to 20 degrees for a more natural hand position, reducing strain on the muscles of your hand, wrist and forearm. The rechargeable battery lasts up to 70 days on a single charge.
What you should consider: It doesn’t have an indicator light to show when caps lock is turned on.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/computer-accessories-peripherals-br/best-logitech-keyboard-and-mouse/ | 2022-05-28T22:22:33Z |
MELBOURNE, Australia and SAN FRANCISCO, June 23, 2022 /PRNewswire/ -- Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) ("Alterity" or "the Company"), a biotechnology company dedicated to developing disease modifying treatments for neurodegenerative diseases, today announced that the Italian Medicines Agency, or Agenzia Italiana del Farmaco (AIFA), has authorized Alterity to conduct its Phase 2 clinical trial of ATH434 in Multiple System Atrophy (MSA), a rare and highly debilitating Parkinsonian disorder.
"Approval by the Italian authorities provides another endorsement of the approach we are taking with our Phase 2 clinical trial," said David Stamler, M.D., Chief Executive Officer, Alterity. "MSA is a devastating disease, and we want to reach patients in several regions of the globe to offer ATH434 as a potential treatment for their condition. With our trial now open for enrolment in New Zealand and regulatory authorizations in the UK and Italy, we are focused on opening study sites in these regions and expanding access to other countries throughout the year."
The Phase 2 clinical trial is a randomized, double-blind, placebo-controlled investigation of ATH434 in patients with early-stage MSA. The study will explore the effect of ATH434 treatment on imaging and protein biomarkers, such as aggregating α-synuclein and excess iron, which are important contributors to MSA pathology. Clinical and biomarker endpoints, including use of wearable sensors, will permit comprehensive assessment of ATH434 efficacy along with characterization of safety and pharmacokinetics. The use of wearable sensors will allow evaluation of motor parameters that are important in patients with MSA. The study is expected to enroll approximately 60 adult patients to receive one of two doses of ATH434 or placebo. Patients will receive treatment for 12 months which will provide an opportunity to detect changes in efficacy endpoints to optimize design of a definitive Phase 3 study. Additional information on the Phase 2 trial can be found by ClinicalTrials.gov Identifier: NCT05109091.
About ATH434
Alterity's lead candidate, ATH434, is the first of a new generation of small molecules designed to inhibit the aggregation of pathological proteins implicated in neurodegeneration. ATH434 has been shown preclinically to reduce α-synuclein pathology and preserve nerve cells by restoring normal iron balance in the brain. In this way, it has excellent potential to treat Parkinson's disease as well as various forms of atypical Parkinsonism such as Multiple System Atrophy (MSA). ATH434 has successfully completed a Phase 1 clinical trial demonstrating the agent is well tolerated, orally bioavailable, and achieved brain levels comparable to efficacious levels in animal models of MSA, with the objective of restoring function in patients with MSA and other Parkinsonian disorders.
ATH434 has been granted Orphan designation for the treatment of MSA by the U.S. FDA and the European Commission.
About Multiple System Atrophy
Multiple System Atrophy (MSA) is a rare, neurodegenerative disease characterized by failure of the autonomic nervous system and impaired movement. The symptoms reflect the progressive loss of function and death of different types of nerve cells in the brain and spinal cord. It is a rapidly progressive disease and causes profound disability. MSA is a Parkinsonian disorder characterized by a variable combination of slowed movement and/or rigidity, autonomic instability that affects involuntary functions such as blood pressure maintenance and bladder control, and impaired balance and/or coordination that predisposes to falls. A pathological hallmark of MSA is the accumulation of the protein α-synuclein within glia, the support cells of the central nervous system, and neuron loss in multiple brain regions. MSA affects approximately 15,000 individuals in the U.S., and while some of the symptoms of MSA can be treated with medications, currently there are no drugs that are able to slow disease progression and there is no cure.1
1National Institute of Health: Neurological Disorders and Stroke, Multiple System Atrophy Fact Sheet
About Alterity Therapeutics Limited
Alterity Therapeutics is a clinical stage biotechnology company dedicated to creating an alternate future for people living with neurodegenerative diseases. The Company's lead asset, ATH434, has the potential to treat various Parkinsonian disorders. Alterity also has a broad drug discovery platform generating patentable chemical compounds to intercede in disease processes. The Company is based in Melbourne, Australia, and San Francisco, California, USA. For further information please visit the Company's web site at www.alteritytherapeutics.com.
Authorisation & Additional information
This announcement was authorized by David Stamler, CEO of Alterity Therapeutics Limited.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934. The Company has tried to identify such forward-looking statements by use of such words as "expects," "intends," "hopes," "anticipates," "believes," "could," "may," "evidences" and "estimates," and other similar expressions, but these words are not the exclusive means of identifying such statements.
Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are described in the sections titled "Risk Factors" in the Company's filings with the SEC, including its most recent Annual Report on Form 20-F as well as reports on Form 6-K, including, but not limited to the following: statements relating to the Company's drug development program, including, but not limited to the initiation, progress and outcomes of clinical trials of the Company's drug development program, including, but not limited to, ATH434, and any other statements that are not historical facts. Such statements involve risks and uncertainties, including, but not limited to, those risks and uncertainties relating to the difficulties or delays in financing, development, testing, regulatory approval, production and marketing of the Company's drug components, including, but not limited to, ATH434, uncertainties relating to the impact of the novel coronavirus (COVID-19) pandemic on the company's business, operations and employees, the ability of the Company to procure additional future sources of financing, unexpected adverse side effects or inadequate therapeutic efficacy of the Company's drug compounds, including, but not limited to, ATH434, that could slow or prevent products coming to market, the uncertainty of obtaining patent protection for the Company's intellectual property or trade secrets, the uncertainty of successfully enforcing the Company's patent rights and the uncertainty of the Company freedom to operate.
Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
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SOURCE Alterity Therapeutics | https://www.kxii.com/prnewswire/2022/06/23/alterity-therapeutics-announces-regulatory-authorization-proceed-with-ath434-phase-2-clinical-trial-italy/ | 2022-06-23T16:08:20Z |
NEW YORK (AP) — A lawyer for a Black NFL coach who sued the league alleging racist hiring practices told a judge Monday that arbitration is the wrong way to resolve the lawsuit in part because NFL Commissioner Roger Goodell would be the arbitrator and that would be “unconscionable.”
Attorney Douglas Wigdor said the league was trying to force “behind closed doors” the claims of Brian Flores and two other Black coaches. None of the coaches was present for the Manhattan federal court hearing.
It was the first hearing for a lawsuit Flores filed in February, when he claimed the league was “rife with racism” even as the NFL publicly condemns it.
Flores was fired in January as head coach by the Miami Dolphins after leading the team to a 24-25 record over three years, with two straight winning seasons including the most recent, when a 9-8 record left them out of the playoffs. He has been hired since as an assistant coach for the Pittsburgh Steelers.
His lawsuit was joined last month by two other coaches, Steve Wilks and Ray Horton.
There are six minority head coaches currently in the NFL, a league where the majority of the players are Black.
Former U.S. Attorney General Loretta Lynch, representing the NFL, told Judge Valerie E. Caproni that the league believes all claims in the lawsuit must be moved to arbitration according to the terms of employment agreements.
Wigdor said the league demonstrated “this unconscionable bias of the arbitrator” when the NFL said the claims in the lawsuit were without merit after it was first filed. He said it would not be fair for Goodell to arbitrate the claims after he earned $120 million over the last two years from the league’s teams.
Lynch said she invited the three coaches and their lawyers to meet with league officials to discuss the “important issues” surrounding racial inclusion that the NFL seeks to address.
“Today, they declined to meet with us,” she said.
Wigdor said he rejected the league’s invitation to discuss racial issues because there would be no magistrate judge or judge present.
For now, the judge has put the lawsuit on the slow track, setting up a schedule stretching into August for the submission of written arguments regarding whether arbitration is required.
That schedule is likely to be delayed further once Wigdor formally informs the judge that he wants to seek permission to collect evidence surrounding the arbitration practices of the league before the issue is resolved.
___
More AP NFL: https://apnews.com/hub/nfl and https://apnews.com/hub/pro-32 and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/flores-lawyer-unconscionable-for-goodell-to-arbitrate-suit/ | 2022-05-03T11:15:56Z |
SEATTLE, Sept. 1, 2022 /PRNewswire/ -- Brook Health and UCare, an independent, non-profit health plan, announced today that the Brook Health Companion service will be available for UCare members throughout Minnesota and western Wisconsin.
Greg Hanley, UCare Vice President of Quality Management and Population Health, says: "UCare has identified Brook as a key player in the prevention and management of chronic conditions such as diabetes and hypertension. We are utilizing Brook across all our lines of business to better support our own chronic condition management services."
UCare members now have access to Brook's suite of digitally-led chronic condition management tools, including health and nutrition coaching, health data tracking and insights, and condition management programs. With a focus on personalized member-level guidance, Brook brings new opportunities to reduce preventable health risks and better manage existing conditions.
Mr Hanley says: "We have partnered with Brook because of its unique blend of technology and human health coaching to help members identify, achieve, and maintain their personal health goals. Brook's anytime, anywhere approach supports UCare's core values of flexibility and accessibility by meeting our members where they are and fitting into their individual lifestyle needs."
Working in partnership with health care providers and community organizations, UCare serves a variety of members, including individuals and families with health coverage through MNsure; Medicare-eligible individuals; people enrolled in Minnesota Health Care Programs, such as MinnesotaCare and Medical Assistance; and adults with disabilities.
Brook's Chief Product Officer, Kit Macgillivray, says: "Brook is fully aligned with UCare's mission to de-complicate, advocate, and go the extra mile for its members. The partnership is an integral solution to a growing need inside of UCare's chronic condition and population health management strategies."
"UCare is continuously looking for effective ways to empower their members and support them on their personal health journey. Brook provides the personalized tools and guidance for each member to get and stay healthy and reduce costs. We are excited to be working with UCare and making a positive impact with their members."
For more information about how Brook can enhance your company's health support services, contact Brook at hello@brook.health or visit www.brook.health
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SOURCE Brook, Inc. | https://www.wibw.com/prnewswire/2022/09/01/brook-health-ucare-partner-improve-chronic-condition-prevention-management-through-digital-services-personalized-health-coaching/ | 2022-09-01T15:14:26Z |
Stay in a sumptuous room inside the Moulin Rouge
Francesca Street, CNN
Sitting atop one of the world’s most famous nightclubs is a scarlet red windmill. And inside the windmill lies a secret room, hitherto unseen by the public.
Next month, a select number of travelers will take a peek inside, as the Moulin Rouge partners with Airbnb to give a handful of guests the opportunity to stay inside the Parisian institution.
The windmill room has been converted into a sumptuous boudoir, swathed in pastel curtains and adorned with fin de siècle artifacts and atmospheric nods to the nightclub below — from vintage costumes and perfume bottles to a paper stage.
‘Once-in-a-lifetime’ opportunity
The Moulin Rouge is located in Paris’ Montmartre district. The eponymous red windmill has been a staple of the nightclub since its beginnings, although the original structure burned down in 1915. The current windmill was built in the 1920s.
For many Parisian tourists, a visit to the City of Light isn’t complete without seeing the Parisian nightclub, while those who want the full experience head inside to watch the “Féerie” cabaret show.
The nightclub is also the setting for the 2001 Baz Luhrmann movie “Moulin Rouge!,” which reignited interest in the nightclub and its history, and more recently spawned a successful Broadway show.
The recent renovation of the windmill for the Airbnb partnership included adorning the terraced area by the windmill with fairy lights and a pagoda, making it the ideal spot for singing beneath the stars à la Ewan McGregor and Nicole Kidman.
Emmanuel Marill, Airbnb regional director for Europe, the Middle East, and Africa, told CNN Travel that this isn’t a contest, but only a select few people will be able to book as the Moulin Rouge Airbnb is a “once-in-a-lifetime” situation.
If you’re lucky enough to nab a bed in the windmill for a night, it’ll cost you a symbolic one euro (around $1).
The venue is bookable on just three nights — June 13, 20 and 27.
As well as a night in the windmill, guests will be able to enjoy the Moulin Rouge’s signature cabaret show and a three-course French meal.
It’s not all luxury, however, as guests will have to make do with a shared toilet — still, that’s probably more period appropriate than an en suite.
Prospective guests can request to book from May 17 at this link. Each night is bookable for a maximum of two guests. Anyone looking to book must have an Airbnb profile, and a history of at least three positive reviews from previous stays.
Travelers will also be required to show proof of a negative Covid test taken within 72 hours of their arrival upon check-in.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/03/stay-in-a-sumptuous-room-inside-the-moulin-rouge/ | 2022-05-04T03:32:44Z |
GÖTEBORG, Sweden, May 17, 2022 /PRNewswire/ -- Volvo Trucks is opening its very first battery assembly plant. Located in Ghent, Belgium, the plant will supply ready-to-install batteries for Volvo Trucks' full electric heavy-duty trucks.
"This investment shows our strong commitment to electrifying truck transportation. By 2030, at least 50 percent of all trucks we sell globally will be electric and by 2040, we will be a carbon-neutral company," says Roger Alm, President of Volvo Trucks.
In the new battery plant, cells and modules from Samsung SDI will be assembled into battery packs that are tailor-made for Volvo Trucks´ heavy-duty electric range: Volvo FH, Volvo FM and Volvo FMX. Series production starts in the third quarter of this year.
Shorter lead times and increased circularity
Each battery pack has a capacity of 90 kWh and the customer can choose to have up to six battery packs (540 kWh) in a truck. The number of batteries depends on each customer's specific range and load capacity demands.
"By integrating the battery assembly process in our production flow, we can shorten lead times for our customers and secure high-performing batteries, while at the same time increase circularity," says Roger Alm.
Volvo Trucks´ batteries are designed so that they can later be remanufactured, refurbished and reused. The plant itself is powered by 100% renewable energy.
Electric solutions for most transport needs
With production of three heavy-duty full electric models starting this year in Europe, Volvo Trucks will offer a total of six electric truck models globally, covering everything from city distribution and refuse handling to regional transport and construction work.
"We started series-production of electric trucks already in 2019 and are leading the market both in Europe and North America. With the rapid development of charging networks, and improvements in battery technology, I am convinced that we will see a rapid transformation of the entire truck industry in the very near future," says Roger Alm.
For further information, please contact:
Jan Strandhede
Media Relations Director, Volvo Trucks
jan.strandhede@volvo.com
+46 31 323 3715, +46 765 533715
Link to high resolution images
Press images and films are available in the Volvo Trucks image and film gallery at http://images.volvotrucks.com.
Volvo Trucks supplies complete transport solutions for discerning professional customers with its full range of medium- and heavy-duty trucks. Customer support is provided via a global network of dealers with 2,200 service points in about 130 countries. Volvo trucks are assembled in 13 countries across the globe. In 2021 approximately 123,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of the Volvo Group, one of the world's leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The group also provides complete solutions for financing and service. Volvo Trucks' work is based on the core values of quality, safety and environmental care.
This information was brought to you by Cision http://news.cision.com
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SOURCE AB Volvo | https://www.mysuncoast.com/prnewswire/2022/05/17/volvo-trucks-opens-battery-plant-belgium/ | 2022-05-17T06:56:15Z |
CHICAGO, June 22, 2022 /PRNewswire/ -- Easterseals announced today that it has received a grant of $750,000 from the Abbott Fund, the foundation of the global healthcare company Abbott, to pilot the Project on Education and Community Health Equity from now through 2025. The three-year project aims to address systemic barriers to high-quality education and healthcare experienced by children and families in underinvested communities.
Research shows that many young children, particularly children with disabilities and children of color, face significant gaps in access to crucial health and social services that can provide the targeted support they need to be prepared to succeed in school. One example: according to a study by the American Academy of Pediatrics, Black children with autism and other disabilities are diagnosed an average of more than three years after their parents expressed concerns about their development. This delay in diagnosis means these children miss out on age-appropriate care and the chance to improve their health and cognitive skills, often resulting in them entering kindergarten with knowledge and skill deficits that many are not able to overcome throughout their K-12 educational journey.
The Project on Education and Community Health Equity will create an integrated system that addresses the educational and healthcare needs of children to help them be kindergarten ready and reach their full potential. This includes work in three areas: expanding access to essential physical and mental health screenings and care for children; providing targeted social services to help families overcome gaps in basic needs, nutrition, transportation, and other social and economic barriers; and ensuring that early childhood administrators and educators have the right training to identify and address health and social challenges and provide culturally appropriate support for children. The project will be implemented at Easterseals Childhood Development Centers in Southern California, Atlanta and North Georgia, and the greater Washington, D.C., area.
"Addressing the healthcare needs of infants and toddlers as early as possible in their lives is one of the critical ways in which Easterseals serves young children and families across the country," said Erika L. Watson, National Director of Childhood Development, Education and Equity at Easterseals. "The Project on Education and Community Health Equity will allow us to better address healthcare disparities experienced by young BIPOC children and their families in historically underserved and marginalized communities, and to better understand the connection between more equitable access to healthcare and kindergarten readiness. Centering communities of color in our efforts is a critical strategy to close the gap. Outcomes from the project promise to inform its future expansion to early childhood and early education programs throughout the Easterseals Network of 70 affiliates in communities nationwide."
"We're proud to support Easterseals' important work to help close equity gaps in education and community health," said Melissa Brotz, president of the Abbott Fund and vice president of Global Marketing and External Affairs at Abbott. "We're committed to advancing health equity and fighting racial health disparities, and our partnership with Easterseals will help reduce barriers to care for children, their families and their communities."
The Project on Education and Community Health Equity builds on results seen through another Easterseals program, the Black Child Fund. Launched in 2021 with support from the Abbott Fund and others, the Black Child Fund advanced early identification and interventions among Black children with autism and other disabilities to reduce health disparities often experienced in early childhood. The Abbott Fund investment launched pilots at Easterseals locations serving Chicagoland and Greater Rockford, DuPage and the Fox Valley Region (IL), and Kansas City and St. Louis (MO).
Through these pilot programs, an 87% increase in the number of Black families seeking services and support was realized, with more than 300 Black children screened for early diagnosis of autism and other disabilities in just one year. Of these children, 80% were five years old or younger, with 75% requiring and receiving additional services through Easterseals. An important outcome of these pilots has been the strengthening of relationships within Black communities across these Easterseals service areas to ensure more equitable and more culturally responsive services and supports to young children of color with disabilities and their families.
The Centers for Medicare and Medicaid Services (CMS) released data revealing that during the pandemic public health emergency, rates for primary and preventive services among children in Medicaid and the Children's Health Insurance Program (CHIP) declined substantially. This decline in care for millions of children from low-income families will potentially have a significant impact on long-term health outcomes for the nearly 40 million children in the U.S. who rely on Medicaid and CHIP, including three-quarters of children living in poverty and many with special healthcare needs including infants, toddlers, and young children with disabilities.
"Through the Project on Education and Community Health Equity, it is Easterseals' intention to address the disparities in healthcare among young children in low-investment communities and to understand the connection between health equity and early childhood educational attainment. We intend to center the experiences of children of color and their families, for whom inequities have only been exacerbated because of the pandemic," Watson concluded.
The Abbott Fund's partnership with Easterseals supports Abbott's 2030 Sustainability Plan, which aims to advance health access and equity through partnership. Abbott's ongoing commitment to address health equity challenges includes targeted programs to increase diversity in clinical trials, create opportunities in STEM for women and underrepresented groups, and empower communities to break down social and economic barriers to better health.
Easterseals is leading the way to full equity, inclusion, and access through life-changing disability and community services. For more than 100 years, we have worked tirelessly with our partners to enhance quality of life and expand local access to healthcare, education, and employment opportunities. And we won't rest until every one of us is valued, respected, and accepted. Through our national network of Affiliates, Easterseals provides essential services and on-the-ground supports to more than 1.5 million people each year – from early childhood programs for the critical first five years, to autism services, medical rehabilitation and employment programs, veterans' services, and more. Our public education, policy, and advocacy initiatives positively shape perceptions and address the urgent and evolving needs of the one in four Americans living with disabilities today. Together, we're empowering people with disabilities, families, and communities to be full and equal participants in society. To learn more, visit www.easterseals.com.
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 113,000 colleagues serve people in more than 160 countries.
The Abbott Fund is a philanthropic foundation established by Abbott in 1951. The Abbott Fund's mission is to create healthier global communities by investing in creative ideas that promote science, expand access to healthcare and strengthen communities worldwide.
Connect with us at abbott.com and abbottfund.org.
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SOURCE Easterseals | https://www.mysuncoast.com/prnewswire/2022/06/22/easterseals-abbott-fund-join-together-advance-education-health-equity/ | 2022-06-22T12:23:25Z |
BETHESDA, Md., June 1, 2022 /PRNewswire/ -- Anthony Capuano, chief executive officer at Marriott International, Inc. (Nasdaq: MAR), will speak at the 2022 Goldman Sachs Travel and Leisure Conference, to be held on Tuesday, June 7. Mr. Capuano's remarks will be at approximately 9:20 a.m., Eastern Time, and will be webcast live.
To access the webcast, please go to http://www.marriott.com/investor, and then click on the link to the "Goldman Sachs Travel and Leisure Conference" under "Events and Presentations."
The webcast will be available until August 30, 2022, at the same site.
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 8,000 properties under 30 leading brands spanning 139 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly-awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram.
IRPR#1
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SOURCE Marriott International, Inc. | https://www.wibw.com/prnewswire/2022/06/01/marriott-international-ceo-speak-goldman-sachs-travel-leisure-conference-june-7-remarks-be-webcast/ | 2022-06-01T21:59:04Z |
Global Recognition of Activate's Work to Empower Scientists
BERKELEY, Calif., July 19, 2022 /PRNewswire/ -- Today, Activate announced that its founder and CEO, Ilan Gur, will become the founding chief executive officer of the newly established UK Advanced Research and Invention Agency (ARIA). With a billion-dollar initial funding commitment, ARIA is designed to accelerate the scientific and technological breakthroughs the world needs. This once-in-a-lifetime opportunity will expand on Activate's work to forge new ways to empower scientists and engineers, catalyze game-changing technologies, and create a more sustainable, resilient, and equitable world.
"We will miss Ilan tremendously, but we are excited for him and for the incredible potential to affect change that his new role represents," said Liesl Schindler, Activate's board chair. "Ilan's appointment is a strong endorsement at the global level of Activate's work and will further Activate's mission to help scientists move critical innovation from lab to market."
To date, Activate has supported over 140 entrepreneurial fellows and catalyzed more than 100 science-based startups that have collectively raised nearly $1 billion and created over 700 jobs. Most importantly, Activate Fellows have emerged as global leaders accelerating the invention and deployment of climate-tech solutions in areas ranging from energy storage to carbon capture, advanced geothermal, and beyond.
"Over the past seven years, Activate has grown into one of the strongest science innovation communities in the world, and in time it will surely be among the most impactful," said Gur. "It's hard to imagine working on anything else, but ARIA is an unprecedented opportunity to further demonstrate at scale the power of supporting scientists on a mission. Meanwhile, the extraordinary people and culture at the heart of Activate give me nothing but confidence and excitement for the organization's next phase of leadership and growth."
Activate launched two new fellow communities this year and, building on a strong foundation of success, has expanded its team and operations to support an even greater number and diversity of entrepreneurial fellows across the United States. As a sign of the organization's increased national leadership, Activate's executive managing director, Aimee Rose, was recently appointed to serve on the Department of Commerce National Advisory Council on Innovation and Entrepreneurship (NACIE), and Steve Tran, Activate's vice president of finance and contracts, has been selected for the board of advisors for the National Contract Management Association.
To continue increasing its reach and impact, Activate plans to expand its team and entrepreneurial fellowship program, geographically and demographically, onboarding 100 fellows per year from diverse communities nationwide within the next five years.
Activate's board of directors will conduct a nationwide search for a CEO to lead the organization in this exciting new stage of operations at scale. While conducting that search, the Activate board has named Todd Johnson as interim CEO, effective August 15th. Johnson has been a trusted advisor and mentor to Activate and Gur since the very beginning and has served the organization as counsel, advisor, consultant, board chair, and chair of the board's executive committee. Johnson built and led the Renewable Energy and Sustainability practice at Jones Day and is a globally recognized social entrepreneurship leader. Gur will continue to support Activate as executive advisor as he takes on his new role. He is committed to the long-term success of Activate and will remain a member of the Activate community.
"We are confident that this moment of change, which we all know is inevitable in the life of an organization, is happening at the right time," said Johnson. "Activate is now built to scale, with the talent, resources, and infrastructure in place to achieve that expansion."
"The urgency and gravity of the world's most pressing problems demand that both Activate and Ilan seize this new opportunity to expand the reach and impact of science innovation," said Arun Majumdar, Stanford University professor, first director of the US Department of Energy's Advanced Research Projects Agency-Energy (ARPA-E) and founding Activate board member. "As Activate's motto says, the world needs scientists now more than ever. Both Activate and ARIA are critical to the future of this planet."
The UK's Advanced Research and Invention Agency press announcement is available here.
About Activate
Activate empowers scientists to reinvent the world by launching startups to address climate change and other global challenges. Working between government, philanthropy, universities, and the private sector, Activate transforms scientists into high-impact entrepreneurs through the Activate Fellowship, a two-year immersive experience that provides funding and fosters the resources, knowledge, networks, investors, and partnerships that fellows need to succeed. Activate's entrepreneurial fellowship model originated at Cyclotron Road, a division of Lawrence Berkeley National Laboratory and founding Activate partner. Cyclotron Road is also supported by the DOE's Advanced Manufacturing Office as one of four Lab-Embedded Entrepreneurship Programs. Activate supports fellows in communities across the United States: Activate Berkeley, Activate Boston, Activate New York, and Activate Anywhere. Learn more at Activate.org.
Press inquiries: Contact MC O'Connor, 415-497-0568, mc.oconnor@activate.org
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SOURCE Activate.org | https://www.wibw.com/prnewswire/2022/07/19/activate-ceo-ilan-gur-lead-new-uk-science-innovation-agency/ | 2022-07-19T06:02:16Z |
GLEN ALLEN, Va., Aug. 16, 2022 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) announced today that Gregory H. Trepp, President and Chief Executive Officer, and Michelle O. Mosier, Senior Vice President and Chief Financial Officer, will participate in the Midwest IDEAS Investor Conference to be held in Chicago on August 24-25, 2022.
The Company's presentation is scheduled for Wednesday, August 24, 2022, at 10:15 a.m. Central Time. The presentation will be webcast and can be accessed through the Investor Relations section of the Company's website at www.hamiltonbeachbrands.com or through the conference host's main website: https://www.threepartadvisors.com/midwest.
About Hamilton Beach Brands Holding Company
Hamilton Beach Brands Holding Company operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. The Company's owned consumer brands include Hamilton Beach®, Proctor Silex®, Hamilton Beach Professional®, Weston®, TrueAir®, Brightline® and Hamilton Beach Health®. The Company's owned commercial brands include Hamilton Beach Commercial® and Proctor Silex Commercial®. Hamilton Beach Brands licenses the brands for Wolf Gourmet® countertop appliances, CHI® premium garment care products, Clorox® air purifiers, and Brita® countertop water appliances. Hamilton Beach Brands markets and distributes the Bartesian® premium cocktail delivery system through an exclusive multiyear agreement. Hamilton Beach Brands has entered the home medical market through a multiyear agreement with HealthBeacon plc and is the exclusive marketer and distributor of a smart Injection Care Management System in the U.S. and Canada under the new brand name Hamilton Beach Health®. For more information about Hamilton Beach Brands Holding Company, visit hamiltonbeachbrands.com.
About IDEAS Investor Conferences
IDEAS Investor Conferences are sponsored by a group of buyside companies for the benefit of regional investment communities. The IDEAS Investor Conferences are held annually in Boston, Chicago and Dallas, and are produced by Three Part Advisors, LLC. Additional information about the events can be located at www.IDEASconferences.com.
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SOURCE Hamilton Beach Brands Holding Company | https://www.wibw.com/prnewswire/2022/08/16/hamilton-beach-brands-holding-company-participate-midwest-ideas-investor-conference/ | 2022-08-16T11:38:59Z |
FLAGSTAFF, Ariz. (AP) — A U.S. Supreme Court ruling expanding state authority to prosecute some crimes on Native American land is fracturing decades of law built around the hard-fought principle that tribes have the right to govern themselves on their own territory, legal experts say.
The Wednesday ruling is a marked departure from federal Indian law and veers from the push to increase tribes’ ability to prosecute all crimes on reservations — regardless of who is involved. It also cast tribes as part of states, rather than the sovereign nations they are, infuriating many across Indian Country.
“The majority (opinion) is not firmly rooted in the law that I have dedicated my life to studying and the history as I know it to be true,” said Elizabeth Hidalgo Reese, an assistant law professor at Stanford University who is enrolled at Nambé Pueblo in New Mexico. ”And that’s just really concerning,”
Federal authorities largely maintained exclusive jurisdiction to investigate serious, violent crime on reservations across much of the U.S. when the suspect or victim is Native American. The 5-4 decision from the high court in a case out of Oklahoma means states will share in that authority when the suspect is not Native American and the victim is.
Criminal justice on tribal lands already is a tangled web, and the ruling likely will present new thorny questions about jurisdiction, possible triple jeopardy and how to tackle complicated crimes in remote areas where resources are stretched thin. States had power to prosecute crimes involving only non-Natives on reservations before this week’s ruling.
“It will have an impact in Indian Country, so only the future will tell us if it’s good or not,” said Robert Miller, a law professor at Arizona State University and citizen of the Eastern Shawnee Tribe. “Is it better to have more criminal prosecutions, more governments enforcing crimes or less?”
Justice Neil Gorsuch wrote a scathing dissent joined by the court’s three liberal members, saying “one can only hope the political branches and future courts will do their duty to honor this Nation’s promises even as we have failed today to do on our own.”
Principal Chief Chuck Hoskin Jr. of the Cherokee Nation said the court “failed in its duty to honor this nation’s promises, defied Congress’s statutes and accepted the ‘lawless disregard of the Cherokee’s sovereignty.’”
It’s unclear how the decision ultimately will play out for tribes, but there is precedent. Congress established a law in 1953 that’s known as PL-280, partly to relieve the federal government of funding public safety on some reservations. The law resulted in state authority over crime in several states, including Alaska and California where about three-fifths of the 574 federally recognized tribes are based.
As in the decision in Oklahoma v. Castro-Huerta, tribes did not consent. Neither Congress then nor the Supreme Court now funded the expansion of state authority on tribal land.
“That’s far from the first time,” said Lauren van Schilfgaarde, a member of Cochiti Pueblo in New Mexico who directs the Tribal Legal Development Clinic at the UCLA. “Federal Indian law is just littered with cases in which tribes were denied the opportunity to speak on their own behalf.”
Federal authorities have long been criticized for declining to prosecute cases in Indian Country — roughly a third, according to the U.S. Department of Justice. Authorities in PL-280 states also have been criticized for a lack of response to crime in Indian Country, where law enforcement officers often must travel long distances to investigate reported crimes.
Tribes asserted that the federal government — with which they have a political relationship — is the appropriate sovereign entity to handle criminal matters. Congress maintains control over Native American and Alaska Native affairs, which are overseen by the Department of Interior.
States have no such obligation to tribes.
Kevin Washburn, dean of the University of Iowa’s law school, said it will be interesting to see how the priority question shakes out.
“That is, will feds take primacy or will state prosecutors take primacy in cases?” asked Washburn, who is Chickasaw and a former assistant Interior secretary for Indian Affairs. “And how do they decide who will be first or who will move at all?”
While the Supreme Court ruling is an expansion of power for states, it doesn’t come with a similar increase for tribes. A 1978 ruling stripped tribes of any criminal jurisdiction over non-Natives on their reservations. The reauthorization of the Violence Against Women Act in 2013 restored some of that authority in limited domestic violence cases and further expanded it earlier this year.
Less than 1% of federally recognized tribes in the U.S. have implemented that authority. It raises the possibility of tribes, the state and the feds prosecuting a suspect for the same offense. Another U.S. Supreme Court ruling issued last month said tribal members prosecuted in certain tribal courts also can be prosecuted based on the same incident in federal court.
Most tribes can sentence convicted offenders to only a year in jail, regardless of the crime. A 2010 federal law increased tribes’ sentencing authority to three years for a single crime. Few tribes have met the federal requirements to use that authority, including having public defenders and law-trained judges.
Oklahoma has its own unique history on tribal affairs, including a 2020 U.S. Supreme Court decision known as McGirt v. Oklahoma that said a large chunk of the eastern part of the state remains a Native American reservation. That ruling, written by Gorsuch, left the state unable to prosecute Native Americans accused of crimes on tribal lands that include most of Tulsa, the state’s second-largest city with a population of about 413,000.
The Supreme Court refused to reconsider McGirt. Oklahoma filed a flurry of petitions related to the case, leading to the most recent decision on state power over crime on reservations that extends broadly across the U.S. Justice Brett Kavanaugh, writing for the majority, said the state’s interest lies in protecting all victims of crime.
Tulsa Mayor G.T. Bynum, a Republican, applauded the ruling and pledged to work with the state and the tribal nations “who are our partners in building a safe city.”
___
Whitehurst reported from Salt Lake City. Fonseca covers Indigenous affairs on the AP’s Race and Ethnicity team. Follow Whitehurst on Twitter at https://twitter.com/lwhitehurst and Fonseca at https://twitter.com/FonsecaAP | https://cw33.com/news/politics/ap-politics/experts-us-court-fractures-decades-of-native-american-law/ | 2022-07-02T15:08:49Z |
Most significant headroom expected in emerging economies
SINGAPORE, July 22, 2022 /PRNewswire/ -- Leading global derivatives exchange - Bitget, is pleased to release a joint report with Boston Consulting Group (BCG) and Foresight Ventures. Bitget's first in-depth industrial report 'What Does the Future Hold for Crypto Exchanges', dives into the competitive landscape of crypto exchanges, unveils substantial development trends in crypto trading markets, its role on enabling the Web3 economy and shares insights on how to navigate the crypto space during a bear market.
This report offers an intensive study on the developing environment for crypto exchanges from different lenses, such as a thriving derivative market, momentum of rapid trading volume growth, regulation impacts and innovative applications. The report also brings a forward-looking view on the end-state competitive landscape, as well as perspectives on growth avenues for crypto exchanges.
Commenting on the report, Managing Director of Bitget, Gracy Chen said, "This report shines light on the recent developments of the crypto market, with keen insights revolving around crypto exchanges and the future paths of winning operations. We continue to witness tremendous enthusiasm from investors despite such market conditions. According to the findings of the report, crypto trading volume still has large headroom to grow, while LATAM and APAC remain the two most attractive regions for global players to expand into, due to higher market potential and progressive crypto regulations. This is the same view echoing our developing strategy, as these two regions are among those of our primary focus. Meanwhile, we will continue to enhance our products with creativity and innovation, boost adoption of crypto trading and social trading, with the vision to increase financial independence for the rest of the world."
Managing Director and Senior Partner of BCG, Tjun Tang said, "Despite the recent market disruption, we believe the market has opportunities for growth ahead. Crypto exchanges play a key role in the Web3 ecosystem by providing access, liquidity, and infrastructure. With competition intensifying, crypto exchanges must adapt to the dynamic market situation and transform their strategy to beat the competition. In this report, we offer perspectives on the future of Web3 adoption, emerging high potential markets, and the crypto exchange competitive landscape and future end-state. We highlight unique growth opportunities that crypto exchanges can explore: strengthening and scaling core offerings; expanding into adjacent products and offerings; developing innovative business models; and leading the way in bringing Web3 solutions to traditional industries."
For more information on the report, please refer to the executive summary below or view the full report here. (https://bit.ly/3RSBDDC).
About Bitget
Established in 2018, Bitget is one of the world's leading cryptocurrency exchanges with a core focus on social trading. Currently serving over two million users in more than 50 countries around the world, Bitget accelerated its mission to promote decentralised finance with a 600-strong workforce representing over 38 nationalities.
About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation—inspiring complex change, enabling organisations to grow, building competitive advantage, and driving bottom-line impact.
For media queries, please contact:
Andrea Leung
andrea.leung@bitget.com
Photo: https://mma.prnewswire.com/media/1864708/BCG_Bitget_Foresight.jpg
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SOURCE Bitget | https://www.wibw.com/prnewswire/2022/07/22/bitget-bcg-foresee-crypto-exchanges-play-key-role-enabling-web3-transformation/ | 2022-07-22T14:46:21Z |
BURLINGAME, Calif., Aug. 1, 2022 /PRNewswire/ -- Tayiika M. Dennis, CPA, a principal at CliftonLarsonAllen (CLA), was named the new chair of the CalCPA Board of Directors during the CalCPA's Annual Members' Business Meeting. During her term, Dennis will focus on helping the CPA profession improve resilience, diversity and growth of the pipeline of students for future careers in accounting and auditing.
"To me, CPA doesn't just stand for Certified Public Accountant – it also stands for the "Coolest Profession Around," said Dennis. "As CPAs, we're inspirational trailblazers, have earned the public trust, are objective, diverse and inclusive, and I can't think of anything cooler than that."
Current diversity, equity and inclusion research jointly sponsored by CalCPA, the Institute of Management Accountants (IMA) and the International Federation of Accountants (IFAC) found there was a lack of diversity in senior leadership positions in the profession which is inhibiting Black and Hispanic accounting graduates from entering the profession.
"While CalCPA has long focused on the student pipeline, we also need to seek new ways to expand the accounting pipeline through enhanced networking opportunities, vibrant social gatherings and unique volunteer events," added Dennis.
CalCPA President and CEO Denise LeDuc Froemming, CPA & CAE, said, "Tayiika has a legacy of service to her firm and CalCPA. We look forward to Tayiika bringing her passion for her career and the profession to leading CalCPA in its quest for growth and elevation in mission-critical areas. Her agenda will include aiding the nation's largest state CPA society in its efforts to change perceptions about accountants and accountancy, elevate its standing in thought leadership and enhance programs focused on diversity, equity and inclusion."
Dennis has more than 20 years of experience in both public accounting and private industry with CLA offices in Los Angeles. She provides audit and tax services for nonprofit organizations, with a special focus on social service organizations, arts and cultural organizations, and private foundations. Prior to joining CLA, she worked at a large international CPA firm, a regional CPA firm, and at Universal Studios as a financial analyst. Dennis has been involved with CalCPA for more than 10 years, and most recently served as the first vice chair. She has also served as Finance Committee chair; Investment Committee chair; on the State Board of Directors; state Council; Not-for-Profit Organizations Conference Planning Committee; Leadership Institute; as the Los Angeles Chapter president, vice president, and treasurer; on the Los Angeles Chapter Nonprofit Committee, Young and Emerging CPAs, Scholarship Committee, and Nominations Committee. She is also a recipient of the CalCPA Women to Watch Award. Dennis received a bachelor's degree in Economics from the University of California, Los Angles (UCLA). She likes taking weekend trips in Arizona and Lake Tahoe with her family.
For more details on Tayiika Dennis' background over the years supporting CalCPA and the accounting profession please learn more on California CPA Magazine's cover article for her upcoming year as Chair.
CalCPA traces its heritage to 1903 when the California State Society of Certified Public Accountants was organized. In 1909, it merged with two other state CPA associations to form CalCPA. CalCPA serves more than 40,000 members in public practice, private industry, students, academia and government, and has 14 chapters across California. CalCPA also offers more than 1,400 live courses, conferences, webcasts and on-demand self-study courses annually. More information is available online: www.calcpa.org.
CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. With 7,400 people, more than 120 U.S. locations, and a global affiliation, we promise to know you and help you. For more information, visit CLAconnect.com. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.
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SOURCE California State Society of Certified Public Accountants (CalCPA) | https://www.wibw.com/prnewswire/2022/08/01/new-calcpa-chair-tayiika-dennis-plans-increase-opportunities-better-diversity-accounting-professions-talent-pipeline/ | 2022-08-01T19:24:12Z |
ATLANTA, June 2, 2022 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its first quarter, which ended on April 29, 2022.
- Secureworks Taegis grew to $180 million in annual recurring revenue (ARR), an increase of 149% on a year-over-year basis.
- Added 900 Taegis Customers year-over-year, a 180% increase, to finish the first quarter of fiscal 2023 with 1,400 customers on the Taegis cloud-native security platform.
- Taegis revenue grew 167% from the first quarter of fiscal 2022 to $37.2 million.
"Our customers recognize that Secureworks Taegis future proofs their security program," said Wendy Thomas, President & CEO, Secureworks. "Our customers are investing in Secureworks Taegis as a long-term security solution that can easily evolve with their technology environments and ever-changing adversarial attack tactics and techniques. Taegis' Open XDR architecture was purpose-built to be flexible and enable seamless innovation to ensure our customers achieve their best security outcomes, now and in the future."
"We're pleased with the continued expansion of our Taegis customer base, resulting in Taegis ARR growth of 149% year over year," said Paul Parrish, Chief Financial Officer, Secureworks. "Taegis now comprises nearly 50 percent of Secureworks overall ARR, an important milestone and key inflection point for our business."
- Overall revenue was $121.0 million, compared to $139.5 million in the first quarter of fiscal 2022, as we actively exit non-strategic, lower-margin services.
- GAAP gross profit was $71.6 million, compared with $82.3 million in the first quarter of fiscal 2022. Non-GAAP gross profit was $76.4 million, compared with $86.4 million in the same period last year.
- GAAP gross margin was 59.1%, compared with 59.0% in the same period last year. Non-GAAP gross margin was 63.1% compared with 61.9% in the first quarter of fiscal 2022.
- GAAP net loss was $21.6 million, or $0.26 per share, compared with $6.4 million, or $0.08 per share, in the prior year. Non-GAAP net loss was $7.6 million, or $0.09 per share, compared with $4.0 million net income, or $0.05 earnings per share, in the same period last year.
- Adjusted EBITDA loss for the quarter was $7.8 million, compared with income of $8.1 million in the first quarter of fiscal 2022.
- Ended the first quarter with $186 million in cash and cash equivalents.
- During the first quarter, Secureworks unveiled several new feature enhancements to Taegis, including:
- New Alerts Experience and Custom Dashboards for Taegis XDR. A combination of new and enhanced features enables Security Operation (SecOp) teams to prioritize the most relevant alerts and quickly comprehend threat data through custom dashboards. Security teams can identify threat activity faster and improve incident response capabilities.
- Taegis XDR Detections. Taegis also offers broad and deep threat detection that is powered by the optimum mix of machine learning and deep security expertise, including a new Tactic Graph Engine announced in Q1. This new, patent-pending detection engine allows the Secureworks Counter Threat Unit to codify threat actor behavior patterns more rapidly based on findings from over 1,400 IR engagements performed every year, together with Threat Research activities, and insights gleaned from adversarial testing engagements. Taegis' ability to correlate observations from multiple telemetry sources and security controls at scale, including petabytes of data, allows Tactic Graphs to detect threat actor activity with high precision. Over time, the ability to create new Tactic Graphs will be opened to partners and customers.
- Secureworks published Incident Response 2021: Year in Review, which brings together notable trends in cyber threats and threat actor behavior based on a year of incident response engagements.
- Secureworks continues to be recognized in the industry for its world-class solutions and services built around the Taegis security platform. Recognition and awards in the first quarter of 2022 include:
- Named a Strong Performer in New Forrester Wave™ on Cybersecurity Incident Response & Readiness, Q1 2022.
- Recognized a Gold Winner for Managed Detection and Response in North America for Cyber Security Excellence Awards for Taegis ManagedXDR.
- Honored as one of the 30 Most Innovative Brands of the Year by Silicon Review.
For the second quarter of fiscal 2023, the Company expects:
- Revenue of $115 million to $117 million.
- GAAP net loss per share of $0.30 to $0.32 and non-GAAP net loss per share of $0.15 to $0.17.
Secureworks is providing the following guidance for full fiscal year 2023. The Company expects:
As previously announced, the Company will hold a conference call to discuss its first quarter fiscal 2023 results and financial guidance on June 2, 2022, at 8:00 a.m. U.S. ET. A live audio webcast of the conference call and the related supplemental financial information will be accessible on the Company's website at http://investors.secureworks.com. The webcast and supplemental information will be archived at the same location.
The Company defines annual recurring revenue (ARR) as the value of its subscription contracts as of a particular date. Because the Company uses recurring revenue as a leading indicator of future annual revenue, it includes operational backlog. Operational backlog is defined as the recurring revenue associated with pending contracts, which are contracts that have been sold but for which the service period has not yet commenced.
This press release presents information about the Company's non-GAAP gross margin, non-GAAP subscription cost of revenue, non-GAAP professional services cost of revenue, non-GAAP gross profit, non-GAAP research and development expenses, non-GAAP sales and marketing expenses, non-GAAP general and administrative expenses, non-GAAP operating income (loss), non-GAAP net income (loss), non-GAAP earnings (loss) per share and adjusted EBITDA, which are non-GAAP financial measures provided as a supplement to the results provided in accordance with accounting principles generally accepted in the United States of America ("GAAP"). A reconciliation of the foregoing historical and forward-looking non-GAAP financial measures to the most directly comparable historical and forward-looking GAAP financial measure is provided below for each of the fiscal periods indicated.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify these statements by such forward-looking words as "anticipate," "believe," "confidence," "could," "estimate," "expect," "guidance," "intend," "may," "plan," "potential," "outlook," "should," "will" and "would," or similar words or expressions that refer to future events or outcomes. Such forward-looking statements include, but are not limited to, the statements in this press release with respect to the Company's expectations regarding revenue, GAAP net loss per share, and non-GAAP net loss per share for the second quarter of fiscal 2023, and revenue, GAAP net loss, GAAP net loss per share, non-GAAP net loss, non-GAAP net loss per share, adjusted EBITDA, cash from operations, annual recurring revenue and revenue for its Taegis platform, and other MSS ARR for full year fiscal 2023, all of which reflect the Company's current analysis of existing trends and information. These forward-looking statements represent the Company's judgment only as of the date of this press release.
Actual results and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of risks, uncertainties and other factors that include, but are not limited to, the following: the Company's ability to achieve or maintain profitability; the Company's ability to enhance its existing solutions and technologies and to develop or acquire new solutions and technologies; the Company's reliance on personnel with extensive information security expertise; intense competition in the Company's markets; the Company's ability to attract new customers, retain existing customers and increase its annual contract values; the Company's reliance on customers in the financial services industry; the Company's ability to manage its growth effectively; the Company's ability to maintain high-quality client service and support functions; terms of the Company's service level agreements with customers that require credits for service failures or inadequacies; the Company's recognition of revenue ratably over the terms of its Taegis SaaS applications and managed security services contracts; the Company's long and unpredictable sales cycles; risks associated with the Company's international sales and operations; the effect of Brexit on the Company's operations; the Company's exposure to fluctuations in currency exchange rates or global inflationary environment; the effect of governmental export or import controls on the Company's business or any international sanctions compliance program applicable to the Company; the Company's ability to expand its key distribution relationships; the Company's technology alliance partnerships; real or perceived defects, errors or vulnerabilities in the Company's solutions or the failure of its solutions to prevent a security breach; the risks associated with cyber attacks or other data security incidents; the ability of the Company's solutions to interoperate with its customers' IT infrastructure; the Company's ability to use third-party technologies; the effect of evolving information security and data privacy laws and regulations on the Company's business; the Company's ability to maintain and enhance its brand; risks associated with the Company's acquisition of other businesses; estimates or judgments relating to the Company's critical accounting policies; the effect of natural disasters, public health issues, geopolitical conflict and other catastrophic events on the Company's ability to serve its customers, including the Ukrainian/Russian conflict, and the coronavirus (COVID-19) pandemic; the Company's reliance on patents to protect its intellectual property rights; the Company's ability to protect, maintain or enforce its non-patented intellectual property rights and proprietary information; claims by third parties of infringement of their proprietary technology by the Company; the Company's use of open source technology; and risks related to the Company's relationship with Dell Technologies Inc. and Dell Inc. and control of the Company by Dell Technologies Inc.
This list of risks, uncertainties and other factors is not complete. The Company discusses these matters more fully, as well as certain risk factors that could affect the Company's business, financial condition, results of operations and prospects, under the caption "Risk Factors" in the Company's annual report on Form 10-K, as well as in the Company's other SEC filings.
Any or all forward-looking statements the Company makes may turn out to be wrong and can be affected by inaccurate assumptions the Company might make or by known or unknown risks, uncertainties and other factors, including those identified in this press release. Accordingly, you should not place undue reliance on the forward-looking statements made in this press release, which speak only as of its date. The Company does not undertake to update, and expressly disclaims any obligation to update, any of its forward-looking statements, whether as a result of circumstances or events that arise after the date the statements are made, new information or otherwise.
Secureworks (NASDAQ: SCWX) is a global cybersecurity leader that protects customer progress with Secureworks® Taegis™, a cloud-native security analytics platform built on 20+ years of real-world threat intelligence and research, improving customers' ability to detect advanced threats, streamline and collaborate on investigations, and automate the right actions.
www.secureworks.com
(Tables Follow)
This press release presents information about the Company's non-GAAP gross margin, non-GAAP subscription cost of revenue, non-GAAP professional services cost of revenue, non-GAAP gross profit, non-GAAP research and development expenses, non-GAAP sales and marketing expenses, non-GAAP general and administrative expenses, non-GAAP operating income (loss), non-GAAP net income, non-GAAP earnings per share and adjusted EBITDA, which are non-GAAP financial measures provided as a supplement to the results provided in accordance with GAAP. A detailed discussion of the Company's reasons for including these non-GAAP financial measures, the limitations associated with these measures, the items excluded from these measures, and our reason for excluding those items are presented below. The Company encourages investors to review its GAAP results and supplement their review of the Company's GAAP results with the corresponding non-GAAP financial measures.
The following is a summary of the items excluded from the most comparable GAAP financial measures to calculate our non-GAAP financial measures:
- Amortization of Intangible Assets Amortization of intangible assets consists of amortization associated with external software development costs capitalized and customer relationships and technology acquired. In connection with the acquisition of Dell by Dell Technologies in fiscal 2014 and our acquisition of Delve in fiscal 2021, our tangible and intangible assets and liabilities associated with customer relationships and technology were accounted for and recognized at fair value on the related transaction date.
- Stock-based Compensation Expense. Non-cash stock-based compensation expense relates to both the Dell Technologies and Secureworks equity plans. We exclude such expense when assessing the effectiveness of our operating performance since stock-based compensation does not necessarily correlate with the underlying operating performance of the business.
- Aggregate Adjustment for Income Taxes. The aggregate adjustment for income taxes is the estimated combined income tax effect for the adjustments mentioned above. The tax effects are determined based on the tax jurisdictions where the above items were incurred.
(Tables Follow)
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SOURCE Secureworks, Inc. | https://www.wibw.com/prnewswire/2022/06/02/secureworks-reports-149-taegis-arr-growth-connection-with-first-quarter-fiscal-2023-results/ | 2022-06-02T11:50:25Z |
Fort Innovate™ will cross the country this summer inspiring the next generation of big thinkers
SAN ANTONIO, June 8, 2022 /PRNewswire/ -- This summer, as part of its 100th anniversary celebration, USAA is bringing Fort Innovate, a free, traveling innovation lab, to children and their families to help inspire the next generation of big thinkers.
USAA was founded in 1922 by a group of soldiers who couldn't obtain auto insurance because they were considered high risk. Leading the way with innovative thinking, they formed United Services Automobile Association (USAA) and the legacy of innovation and service to the military community has been a constant ever since.
"The spirit of innovation is what USAA was founded on and it has contributed to our sustainment and commitment to the military community for the past 100 years," said Wayne Peacock, USAA president and CEO. "Fort Innovate brings USAA's spirit, dedication and passion to communities across the country and reinforces our dedication as we head into our second century of service."
Beginning June 10 at the Children's Museum of Phoenix, Fort Innovate will stop at children's and science museums across the U.S. to teach visitors about the importance of innovation. The experience will illustrate, through hands-on exhibits, five key military innovations from the past 100 years such as night vision, virtual reality and drones that have had a profound impact on society. Additionally, visitors will learn how USAA has continued to innovate to meet the ever-changing needs of their members.
"Innovative thinking provides the opportunity to reference personal experiences to create solutions for problems," said actress, producer and singer Miranda Cosgrove, who has teamed with USAA to promote Fort Innovate. "Whether it's in STEM or the military, big ideas can come from anyone and anywhere. USAA's Fort Innovate will provide kids with a fun, educational experience that showcases this and inspires their creativity."
USAA worked with San Antonio's DoSeum Children's Museum to design the five exhibits within Fort Innovate. To complement the traveling lab, USAA is launching the USAA Innovation Sweepstakes to provide participants with the opportunity to further explore innovation and their creativity through the chance to win a trip for four to Space Camp® at the U.S. Space & Rocket Center and $50,000. Visitors to Fort Innovate can register onsite and those unable to make it in person can register at usaa.com/fortinnovate.
The full Fort Innovate tour schedule includes:
- June 10-12: Children's Museum of Phoenix
- June 17-19: The DoSeum, San Antonio
- June 24-26: Glazer Children's Museum, Curtis Hixon Waterfront Park, Tampa
- July 4: Fort Bragg July 4th Celebration
- July 8-10: Discovery Place Nature Center, Charlotte
- July 15-17: St. Louis Science Center, St. Louis
- July 22-24: Navy Pier, Chicago
- July 29-31: Intrepid Museum, New York City
- Aug. 3-4: Please Touch Museum, Philadelphia
To learn more about visiting Fort Innovate, the USAA Innovation Sweepstakes and participate in all the fun online activities, visit usaa.com/fortinnovate.
Founded in 1922 by a group of military officers, USAA is among the leading providers of insurance, banking, and investment and retirement solutions to more than 13 million members of the U.S. military, veterans who have honorably served and their families. Headquartered in San Antonio, USAA has offices in eight U.S. cities and three overseas locations and employs more than 38,000 people worldwide. Each year, the company contributes to national and local nonprofits in support of military families and communities where employees live and work. For more information about USAA, follow us on Facebook or Twitter (@USAA), or visit usaa.com.
Media Contacts:
Laura Propp
USAA Corporate Communications
Laura.Propp@usaa.com
573.424.3550
Bates Grainger
160over90 (for USAA)
bgrainger@160over90.com
704.614.1857
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SOURCE USAA | https://www.kxii.com/prnewswire/2022/06/08/usaa-celebrates-100th-anniversary-with-traveling-hands-on-innovation-lab/ | 2022-06-08T12:09:05Z |
Aventon JAX South Offers a Solution to Housing Demand in Rapidly Expanding Northeast Florida
JACKSONVILLE, Fla., June 27, 2022 /PRNewswire/ -- Aventon Companies, a prominent, vertically integrated multi-family developer with active projects throughout the mid-Atlantic and Southeast, announced it has broken ground on its newest luxury apartment community in Florida. Aventon JAX South will be a 360-unit, Class A, multifamily development located within the booming Jacksonville metropolitan area.
Spanning over 21 acres, Aventon JAX South will feature one, two and three-bedroom units in four-story elevator-serviced buildings, with first-in-class amenities designed for luxury living. With a resort-style pool, 24/7 fitness center, clubhouse with game room along with remote-working spaces and private offices, residents can simultaneously mix work and play. The community is also pet-friendly and offers an on-site dog park and air-conditioned pet spa for maximum convenience. The property's premier location along Philips Hwy offers close proximity to Flagler Center, the St. John Town Center, the Deerwood office market, downtown Jacksonville, and the area's world-class beaches.
"In the past few years, the Jacksonville market has experienced an unprecedented growth in jobs combined with an all-time low rate of unemployment, making it a truly desirable place to want to call home," said Burk Hedrick, Vice President of Development for Aventon Companies. "We look forward to the opportunity to provide another high-quality living environment to the growing and diverse resident base here."
The exteriors of Aventon JAX South were designed by Scott + Cormia Architecture & Interiors of Orlando, Florida while the interiors were created by Georgia-based firm, Design Environments, Inc. Since 2019, Aventon Companies has assembled an impressive $2 billion portfolio of ground-up developments expected to bring nearly 7,600 Aventon-branded apartment homes to Florida, Georgia, the Carolinas, and the Mid-Atlantic. Aventon JAX South will begin welcoming residents in 2023.
Aventon Companies acquires, develops, constructs and asset manages multifamily communities in Florida, Georgia, the Carolinas and the Mid-Atlantic with regional offices in West Palm Beach, FL, Orlando, FL, Raleigh, NC and Bethesda, MD. To learn more, visit www.aventoncompanies.com.
Media Contact:
Kristen Skladd
586-222-2423
kristen@andersoncollaborative.com
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SOURCE Aventon Companies | https://www.kxii.com/prnewswire/2022/06/27/aventon-companies-begins-work-its-second-apartment-community-jacksonville/ | 2022-06-27T14:36:55Z |
Veeva Vault Study Training unifies learning management and clinical operations for integrated and automated training and real-time inspection readiness
PLEASANTON, Calif., June 7, 2022 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced Veeva Vault Study Training, a new application that brings together research sites, CROs, and sponsors into a single platform for end-to-end clinical study training. Organizations using Vault Study Training can ensure all trial staff are qualified within required timelines while automating the filing of training certificates into Veeva Vault eTMF for real-time inspection readiness.
"Veeva continues to collaborate closely with the industry to identify gaps in key processes across clinical development and deliver innovations that can improve operational efficiency," said Ed Leftin, director, information technology at Ora, Inc. "The ability to use existing data and content in Veeva Vault Clinical Suite to create training, from study start to conduct, can streamline study execution and improve compliance."
Vault Study Training builds on Veeva's experience working with more than 450 companies using Veeva Vault Clinical Suite applications and learnings from hundreds of Veeva Vault Training implementations. Life sciences companies can now address the long-standing industry challenge of training study staff and site personnel in an efficient and compliant way.
Veeva's complete and connected solution will allow life sciences companies to leverage current clinical master data and content to remove issues like redundant information, manual data entry, and siloed processes. Vault Study Training automates assignment distribution, protocol amendment management, and training certificate filing for increased efficiency and reduced end of study reconciliation.
"As studies evolve and reach new levels of complexity, companies need a streamlined and integrated training system that can scale with the demands of today's trials," said Shad Ayoub, senior director, Veeva Vault Study Training. "Veeva Vault Study Training will deliver a fundamentally better experience to sites, CROs, and sponsors."
Vault Study Training will be available to early adopters in fall 2022. To learn more about Vault Study Training, visit veeva.com/VaultStudyTraining.
Additional Information
Connect with Veeva on LinkedIn: linkedin.com/company/veeva-systems
Follow @veevasystems on Twitter: twitter.com/veevasystems
Veeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world's largest pharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders, and the industries it serves. For more information, visit veeva.com.
This release contains forward-looking statements regarding Veeva's products and services and the expected results or benefits from use of our products and services. These statements are based on our current expectations. Actual results could differ materially from those provided in this release and we have no obligation to update such statements. There are numerous risks that have the potential to negatively impact our results, including the risks and uncertainties disclosed in our filing on Form 10-Q for the period ended April 30, 2022, which you can find here (a summary of risks which may impact our business can be found on pages 37 and 38), and in our subsequent SEC filings, which you can access at sec.gov.
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SOURCE Veeva Systems | https://www.mysuncoast.com/prnewswire/2022/06/07/veeva-announces-clinical-study-training-application/ | 2022-06-07T11:40:53Z |
First-of-its-kind series focuses on businesses scaling their digital presence in response to changing consumer demands
"The Shift" premieres Sept. 17 on CNBC, will stream exclusively on CNBC.com, Peacock, and Salesforce+
Launched in Aug. 2021, Salesforce+ has reached 5 million global viewers across 17 live events and 15 original series
SAN FRANCISCO, Sept. 8, 2022 /PRNewswire/ -- Salesforce (NYSE: CRM) and NBCUniversal today introduced "The Shift," a new branded video series showing how seven high-growth organizations took on digital transformation during heavy market headwinds — and made it through. The series, which targets business-minded viewers, will premiere Sept. 17 at 2:30 p.m. ET during a paid-programming block on CNBC, and will also be available for streaming on CNBC.com, Peacock, and Salesforce+, the company's streaming service for live experiences and on-demand original content. CNBC Brand Studio - a part of Creative Partnerships at NBCUniversal - and Efran Films, are producing the series in partnership with Salesforce Studios.
The premiere episode of "The Shift" spotlights how OneUnited Bank, America's largest Black-owned bank, is building a revolutionary new digital product aimed at upending the predatory payday loan business. The series will continue to air on Saturdays at 2:30 p.m. ET, beginning with an episode featuring Metallica's All Within My Hands foundation on Sept. 24, Enlightened's feel-good desserts on Oct. 1, and additional 30-minute episodes with Pandora jewelry, Formula 1 ®, Rocket Companies, and CarMax.
"We created Salesforce+ to be a trusted, on-demand business media channel that shines a light on industry leaders using business as a platform for change," said Sarah Franklin, President and Chief Marketing Officer, Salesforce. "We are thrilled to partner with NBCUniversal to highlight unique stories that show how, in today's business climate, good business requires engagement with all stakeholders including customers, employees, and communities."
The new docuseries also marks the expansion of Salesforce's existing partnership with NBCUniversal.
"At NBCUniversal we have the incredible opportunity to utilize the power of storytelling to spotlight brands that are making an impact on communities across the globe," said Mark Marshall, President, Advertising and Partnerships, NBCUniversal. "Through the upcoming series our CNBC Brand Studio team helped produce - "The Shift" - we are both sharing these types of inspirational stories and demonstrating how powerful transformation in business is. Our long-time partners at Salesforce have been with us through our own transformation, and now with NBCUniversal's One Platform, we are showcasing how they are evolving other businesses across all sectors in positive, exciting ways."
Shot over six months in five countries, episodes of "The Shift'' will be available to stream on Salesforce+ and CNBC.com beginning at 12:01 a.m. each Monday after airing on CNBC the previous Saturday. On Oct. 3, the series will debut the first three episodes on Peacock, with additional episodes streaming each week to follow.
"Metallica's foundation, All Within My Hands, was created with three areas of focus, workforce education, the fight against hunger, and other critical local services like disaster relief," said Peter Delgrosso, Executive Director, All Within My Hands. "We are truly grateful that 'The Shift' featured our foundation as it enables us to reach a new audience to share our story and connect with other partners who share our mission."
"We are thrilled to be able to share how we are using technology for good, to close the racial wealth gap and make financial literacy a core value in the Black community," said Teri Williams, President and Chief Operating Officer of OneUnited Bank.
In its first year since launch, Salesforce+ reached a global audience of 5 million viewers. The streaming service has aired more than 300 episodes across 15 original series, including Trailblazer, The Ecopreneurs, Pivot, Think Outside the Quota, Connections, Legends of Low Code, Salesforce on Salesforce, The Inflection Point, Small Business Revolution, Simply Put, Leading Through Change, How I Solved It, B-Well, and Boss Talks. Produced by Salesforce+'s internal production arm, Salesforce Studios, the series were shot across 25 states and 10 countries such as Italy, the UK, and Denmark.
Salesforce+ has also aired 17 live events including Dreamforce, the world's largest software conference, Connections, and TrailheaDX; enhancing live events with new, on-demand brand experiences. The next event streaming live will be Dreamforce which takes place Sept. 20-22, 2022. The award-winning Dreamforce experience on Salesforce+ will take place over three days with 72 hours of live broadcasts, 200+ on-demand episodes, 60+ keynotes, and a live online community. All for free.
For more information on Salesforce+, go here.
NBCUniversal is one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a premium ad-supported streaming service. NBCUniversal is a subsidiary of Comcast Corporation.
Salesforce, the global CRM leader, empowers companies of every size and industry to digitally transform and create a 360° view of their customers. For more information about Salesforce (NYSE: CRM), visit: www.salesforce.com.
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SOURCE Salesforce | https://www.wibw.com/prnewswire/2022/09/08/salesforce-nbcuniversal-launch-new-branded-series-shift/ | 2022-09-08T14:11:20Z |
Picture this: You step into your garden, and the beds are brimming with flowers that thrive on benign neglect.
You seldom need to water them, and they don’t require much in the way of fertilizer, either. What’s more, you feel like Snow White as birds, bees and butterflies congregate around you, eating seeds and gathering pollen.
It feels like a dream, but it doesn’t have to be. If your idea of the perfect garden includes abundant plants that do well with little human intervention, while attracting and supporting all manner of pollinators, you can make it real by planting native plants.
The first step is to lure pollinators, which are necessary for the production of flowers, fruits and vegetables. The best way to attract them is by using plants that support them.
Our native insects and birds evolved alongside our native plants, so they naturally recognize them as food. Non-native species – exotic plants from Asia, Africa, South America and Europe and, to some degree, from distant regions of the U.S. – are simply not recognized as food sources by native pollinators. Planting them creates food deserts for native bees, birds, bats, butterflies, moths and beetles, all of which are necessary for a healthy ecosystem.
Doug Tallamy, a professor of entomology at the University of Delaware and author of “Bringing Nature Home: How You Can Sustain Wildlife with Native Plants” (Timber Press, 2007), found that non-native plant species disrupt the food chain, which can lead to a collapse of the ecosystem.
“Plant choice matters,” he said. “The plants we choose to landscape our properties (with) should be determined by how much life can live there.”
If you think about it, our lives depend entirely on insects: Without them, we would have no flowering plants, which would dismantle the food web that supports vital animals. Birds, for instance, depend on plants for food and disperse their seeds while keeping the populations of harmful insect in check.
Insects support plants that provide oxygen, clean our water, capture carbon and add it to the soil to enrich it. That builds topsoil and prevents flooding. Without them, the biosphere – the living portion of the earth, which includes soil – would rot, due to the loss of insect decomposers, and humans simply couldn’t survive that, Tallamy says.
In addition to providing food and habitat for insects and other wildlife, native plants are perfectly acclimated to growing in your region — so they don’t require much maintenance.
That means less watering, less fertilizing, less fussing. They’ve been doing quite nicely growing wild by the side of the road, thank you, and will do the same in your backyard.
The good news is we get to decide what we plant in our own gardens. So as we celebrate the 52nd anniversary of the first Earth Day on April 22, let’s resolve to plant more natives. Start your journey with help from the following resources:
Lady Bird Johnson Wildlife Center: Select your state, growing conditions and desired plant attributes, and view database results of appropriate native plants. Browse recommended plant species by state.
The Biota of North America Program: Click on your state, and the search will generate a list of native plants, which can be drilled down to the county level.
The Xerces Society: View and print out state fact sheets of recommended native plants that are attractive to pollinators and suited for small-scale plantings such as in home gardens.
Audubon Native Plants Database: Enter your zip code to view a list of the best native plants to attract specific birds in your area.
Your county’s cooperative extension office also should be able to point you in the right direction. | https://www.tdtnews.com/life/article_9a448750-c17b-11ec-bdad-9f127af87db6.html | 2022-04-21T16:15:28Z |
The new feature will save transactional attorneys in law firms hundreds of hours in contract drafting
NEW YORK, July 19, 2022 /PRNewswire/ -- Wolters Kluwer Legal & Regulatory U.S. today announced a collaborative partnership to provide VitalLaw customers with access to Lawgood, a platform that leverages crowdsourced market intelligence to drive efficiency in the contract drafting process. This feature on VitalLaw will be known as VitalLaw Agreement & Clause Builder powered by Lawgood, and will be available on five practice area dashboards across the platform, including Labor & Employment, Human Resources, Intellectual Property, Corporation Law & Governance, and Practice of Law.
With VitalLaw Agreement & Clause Builder powered by Lawgood, users can make pre-selections such as point of view, jurisdiction, and industry, while customizing specific clauses to develop an agreement template tailored to their needs and goals. Unique to the feature, users can see what selections and customizations attorneys in similar situations have made to their own agreements. For example, they can see that 45% of Lawgood users have selected a certain variation of a particular standard clause.
"With VitalLaw Agreement & Clause Builder powered by Lawgood, our customers can benefit from the expertise of the practice attorneys that created the Lawgood agreement templates and customization options," said Ken Crutchfield, Vice President & General Manager of Legal Markets at Wolters Kluwer Legal & Regulatory U.S. "While legal professionals are often limited by cost pressures, adding this feature on VitalLaw will enable attorneys to do more with fewer resources, and we look forward to our customers' feedback on this new tool to enable a higher level of efficiency and productivity."
To access the latest feature, VitalLaw users will be able to link over directly to the Lawgood platform. Not only can users change clause language and favorability based on negotiating position and company, but also tap into crowdsourced market positions and trends, and find content vetted by lawyers from Am Law 100 firms.
"We're very excited to expand our partnership with Wolters Kluwer, a leading provider of legal solutions, in support of their vision to build the next generation of digital legal products," said William Moriarty, CEO and Co-founder of Lawgood. "VitalLaw Agreement & Clause Builder will bring an innovative drafting solution and practical resource to law firms and in-house teams alike."
Lawgood provides a seamless user experience requiring no need for tutorials or onboarding process, and helps lawyers make better contracts through a combination of crowdsourced data and decision support technology. With Lawgood, lawyers can draft and review contracts in minutes without having to rely on time-consuming research or costly practice resources.
To learn more, visit: https://www.wolterskluwer.com/en/solutions/vitallaw-law-firms/vitallaw-agreement-and-clause-builder
About Wolters Kluwer Legal & Regulatory U.S.
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Twitter, Facebook, and YouTube.
MEDIA CONTACT:
Linda Gharib
Director, Brand & Communications
Wolters Kluwer Legal & Regulatory U.S.
Tel: +1 (646) 887-7962
Email: lrusmedia@wolterskluwer.com
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SOURCE Wolters Kluwer Legal & Regulatory U.S. | https://www.mysuncoast.com/prnewswire/2022/07/19/wolters-kluwer-integrates-lawgood-into-vitallaw/ | 2022-07-19T18:04:08Z |
Senate passes Gun Violence Bill, which moves on to the House
WASHINGTON (Gray DC) - The U.S. Senate has approved a bipartisan gun reform bill late Thursday. The yes vote now clears the way for expected House passage Friday of what will be Congress’ most far-reaching response in decades to the nation’s run of mass killings in Buffalo, New York, and then in Uvalde, Texas, Democrats and some Republicans decided that in the wake of events, doing nothing was not an option.
The lengthy bill, which had the support of Majority Leader Sen. Mitch McConnell seeks to address gun violence by increasing funding for school safety and police, expanding background checks, and adding mental health resources. It would funnel funding towards ‘red flag’ laws which allow officials to seize weapons from people deemed dangerous to themselves or others. It would also close the so-called ‘boyfriend loophole’ in an attempt to stop domestic abusers from buying guns.
Lawmakers admit some people will think the gun reform bill goes too far, while others will think it doesn’t go far enough in tackling gun violence.
“Even on a contentious issue like guns we have found a way to do something. Too much for some. Too little for others. But, it is so much more significant than the pathetic you know kind of seeing these tragedies and then politicians offering thoughts and prayers and no actions,” said Sen. Mark Warner (D-Va.).
Right now, a third of Republicans support the legislation. Majority Leader Mitch McConnell said the bill hits a “sweet spot”
“The American people do not have to choose between safer schools and the Constitution. And neither does the U.S. Senate,” he said. He later added, “the legislation before us would make our communities and schools safer without laying one finger on the Second Amendment for law-abiding citizens. Its key provisions are hugely popular with the American people.”
U.S. Senator Roger Marshall, M.D. voted against the gun reform legislation before the U.S. Congress. Having already provided practical solutions to the issue of school safety through his “Safe Schools Act” and with legislation to make the background check system stronger, Senator Marshall said after the vote:
“Kansans expect me to protect their Constitutional freedoms in the U.S. Senate, and I will not sacrifice those freedoms for this gun grabbing scheme. Red flag laws not only violate the Second Amendment, but they are also begging to be abused by individuals who do not have a shred of respect for due process.
Both McConnell and Democrats referred to the measures in the bill as ‘common sense.’ McConnell noted as well that “under this bill, if a teenager has been convicted of a crime or adjudicated to be mentally ill, even before their 18th birthday, that important information will show up in a firearms background check until they are 21. This strengthens the existing background check system without expanding it.”
A bipartisan group of 20 senators drafted the proposed legislation following the deadly school shooting in Uvalde, Texas in May. Despite some Republican support, other GOP lawmakers expressed concern over how the bill was drafted. Sen. Rick Scott (R-Fla.) remarked how he believes the process was not transparent.
“I went through this with the Parkland School shooting and after that, what I did was I had a very transparent process where we went through I brought people together, mental health counselors, educators, law enforcement to come up with legislation This is not been a transparent process. This has not gone through any committees. It was a group of people, a small group of people that came up with a bill. And then within an hour after we got to see it for the first time, we were expected to vote on it,” Scott said.
The proposed legislation on gun reform does not include a ban on assault weapons because Democrats say they did not have the votes. The bill must return to the House for a final vote Friday before President Biden can sign it into law.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/24/senate-passes-gun-violence-bill-which-moves-house/ | 2022-06-24T04:30:40Z |
SHANGHAI and WARREN, N.J., Sept. 6, 2022 /PRNewswire/ -- Laekna, a clinical-stage biotechnology company dedicated to bringing ground-breaking therapies to cancer and liver fibrosis patients worldwide, announced yesterday that the first patient recently received a dose in the LAE201INT2101 phase I/II study at Seoul National University Hospital. The company's multi-regional clinical trials (MRCTs) now cover China, the United States and South Korea.
LAE201INT2101 is a multi-center, open-label, phase I/II dose-escalation and efficacy study of the LAE001 and LAE002 (afuresertib) combination in patients with metastatic castration-resistant prostate cancer (mCRPC) with disease progression or intolerability following standard of care (SOC) treatment. Laekna has finished the phase I dose-escalation stage and is starting the phase II stage of the Proof-of-Concept study now.
Metastatic castration-resistant prostate cancer is one of the most intractable cancers. The combination therapy of LAE001 and LAE002 (afuresertib) is expected to provide treatment benefits for patients who progressed after treatments of the new-generation A/AR drugs including abiraterone and enzalutamide. LAE001 inhibits both CYP17A1 and CYP11B2 (aldosterone synthase) as a next-generation anti-androgen inhibitor. LAE002 (afuresertib) is a highly selective AKT kinase inhibitor. Both are the company's potential core products.
In addition to Seoul National University Hospital, Laekna has already initiated trials in four other clinical sites in South Korea. The study is also ongoing in more than 10 sites across the United States.
"We have been committed to 'global development and marketing' since the inception of the company. Based on our clinical team's strategy and execution capabilities, our trials are now ongoing in more than 90 clinical sites in China, the United States and South Korea," said Dr. Yong Yue, Chief Medical Officer of Laekna. "We are rapidly advancing a number of multi-regional clinical trials to better evaluate the value of our drugs in the treatment of various cancers, and we hope to enable our innovative therapies to benefit more patients worldwide as soon as possible."
About Laekna
Founded in 2016, Laekna is a clinical-stage biotechnology company, dedicated to bringing ground-breaking therapies to cancer and liver fibrosis patients worldwide.
Laekna has two potential core products: LAE002 is an investigational highly selective adenosine triphosphate (ATP) competitive AKT inhibitor for the treatment of ovarian cancer, prostate cancer, breast cancer and PD-1/PD-L1 drug-resistant solid tumors. The other core product LAE001 is an investigational androgen synthesis inhibitor that simultaneously inhibits both CYP17A1 and CYP11B2 for the treatment of prostate cancer.
Laekna's robust infrastructure has already enabled the rapid development of 14 innovative product candidates, including one pivotal clinical trial and another five clinical trials for its potential core products. Among these six clinical trials, three multi-regional clinical trials (MRCTs) are designed to address urgent yet unmet global medical needs in the standard of care (SOC)-resistant cancers.
Laekna's internal drug discovery primarily focuses on coordinating the human immune system to treat cancer and liver fibrosis.
For more information, please visit: https://www.laekna.com/ or https://www.linkedin.com/company/74110713/
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SOURCE Laekna | https://www.kxii.com/prnewswire/2022/09/06/laekna-announces-first-patient-dosed-south-korea-lae201int2101-phase-12-study/ | 2022-09-06T09:53:15Z |
Opens Nashville, Tennessee Office
SUMMIT, N.J., July 14, 2022 /PRNewswire/ -- Concord Health Partners ("Concord" or the "Firm"), a healthcare focused investment firm, today announced that Erik Larsen and Derek Schmidt have joined the firm as Managing Directors. The Firm also announced the opening of a Nashville, Tennessee office.
Larsen joins Concord from HCA Healthcare, Inc., where he was most recently Vice President of the Special Assets Group. As Managing Director, Larsen will leverage his more than 20 years of experience in healthcare investing, investment banking and corporate development to help source new opportunities and enhance the firm's investment strategy and execution. He will report to James Olsen, Founder and Managing Partner of Concord, and be located in the Firm's new Nashville office.
Schmidt was most recently the Director of Private Equity for Marquette Associates, where he directed private equity and venture capital program construction, including manager selection, co-investment and secondary deployment. At Concord, he will lead the firm's capital formation efforts and focus on Concord's investor relations, single asset funds and the buildout of potential new strategies. He will report to Olsen and be located in Nashville.
"Our mission at Concord is to build a broad healthcare investment platform that allows us to extend our reach and take advantage of a broader universe of opportunities that create meaningful value for our investors and portfolio companies. These exciting team additions and the opening of our Nashville office help achieve that goal," said Olsen. "Adding Erik and Derek's experience further institutionalizes our team, and I look forward to working closely with them both to continue strengthening our investment process and working with our strategic LPs to accelerate growth at our portfolio companies."
"Concord's strategy, expertise and unique LP base have quickly proven to be differentiators in the healthcare investing space," said Larsen. "I am excited about the opportunity to strategically build the team and expand my network in Nashville to help Concord continue to identify and grow innovative businesses and solutions that improve quality of care, reduce cost, and enhance access to care."
"I have known the team at Concord for a number of years in my role underwriting investor commitments, and I am eager to join the team at such an exciting time for the firm and for healthcare investing more broadly," said Schmidt. "I look forward to partnering and engaging with the firm's advisors and strategic LPs to proactively identify new opportunities and avenues to drive value across the care continuum."
"Nashville has become a true hub of healthcare innovation and talent," Olsen added. "Establishing a presence there will allow us to better identify, diligence and execute while we continue our growth and evolution as a firm. We look forward to benefitting from having both Erik and Derek on the ground there to help us build our team and capabilities in the market."
Larsen has over 20 years of experience in healthcare investing, investment banking and corporate development. Prior to joining Concord, Mr. Larsen served as Vice President, Corporate Development for the Special Assets Group at HCA Healthcare, Inc. (NYSE: HCA), one of the leading healthcare providers in the US, operating 186 hospitals and ~2,000 sites of care across the United States and United Kingdom. At HCA Healthcare, Mr. Larsen led the Special Assets Group, including leadership of the Company's corporate venture group (dba Health Insight Capital) from 2017 to 2022. Prior to joining HCA Healthcare in 2011, Mr. Larsen was a Director of Development at Renal Advantage, a private-equity backed outpatient dialysis provider and an investment banking professional at Morgan Joseph & Co and VelocityHealth Capital, Inc. Mr. Larsen received a B.A. from Wake Forest University, and an MBA from Wake Forest University, Babcock Graduate School of Management.
Schmidt has more than 19 years of experience in investments across both the public and private markets, with over 9 years of dedicated healthcare investment experience. Prior to joining Concord, he served as the Director of Private Equity and as a Senior Research Analyst, for Marquette Associates, where he directed private equity and venture capital program construction, including manager selection, co-investment and secondary deployment. He was also Chair of the alternative investment committee and a member of the OCIO committee. He was responsible for investment manager due diligence and investment performance across all private equity and venture capital programs. Prior to Marquette Associates, Schmidt worked as an Equity Analyst at Piper Jaffray and a Global Associate at William Blair, with a focus on investing across the healthcare sector. He previously worked within private markets at Huron Consulting in their transaction advisory group, where he assisted both for-profit and not-for-profit healthcare systems with their healthcare service and facility acquisitions. Schmidt holds a B.S.B.A. in business finance from The Ohio State University. He is a CFA® charterholder and a member of the CFA Institute and the CFA Society of Chicago as well as a CAIA charterholder and member of the CAIA Association®. He currently serves on the board of the Center Foundation for Anixter Center and sits on both the Investment Committee and Finance Committee for Anixter Center.
Concord Health Partners ("Concord") is a healthcare focused investment firm with a strategic model that optimizes the alignment of interests between investors and portfolio companies. Concord is primarily focused on investing in healthcare companies that have the potential to enhance the value of care through products, services, technologies and solutions that lower costs, improve quality and expand access to care. The firm has offices strategically located in Summit, New Jersey and Nashville, Tennessee. For more information, visit www.concordhp.com.
Media Contacts
ASC Advisors
Steve Bruce / Taylor Ingraham
sbruce@ascadvisors.com / tingraham@ascadvisors.com
203.992.1230
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SOURCE Concord Health Partners | https://www.kxii.com/prnewswire/2022/07/14/concord-health-partners-expands-senior-team-adds-healthcare-investment-veterans-erik-larsen-derek-schmidt/ | 2022-07-14T13:23:49Z |
DETROIT (AP) — Online automotive retailer Carvana Co. says it’s letting go about 2,500 workers, roughly 12% of its workforce, as it tries to bring staffing and expenses in line with sales.
The Phoenix company said in a regulatory filing Tuesday that its executive team is giving up salaries for the rest of the year to help fund severance pay for the workers.
Carvana, which sells online and delivers used vehicles to buyers, says the laid-off workers will come from operational groups. The company says it will be “transitioning operations” away from its auto reconditioning center in Euclid, Ohio, near Cleveland, as well as from some logistics hubs.
The filing said the moves are difficult, but will “facilitate Carvana returning to efficient growth on its mission to change the way people buy and sell cars.”
The layoffs come just a few weeks after Carvana posted a $506 million loss in the first quarter, six times larger than the same period a year ago.
The company also recently acquired Adesa U.S.’s used vehicle auction business for $2.2 billion.
Carvana shares fell 5.4% Tuesday to $36.68. They are down 84% so far this year. | https://cw33.com/news/carvana-cuts-2500-jobs-execs-to-forego-pay-for-severance/ | 2022-05-11T15:45:11Z |
Highlights
- Second quarter 2022 net income of $422.1 million, or $2.76 per diluted share
- Record quarterly adjusted EBITDA of $727.3 million
- Share repurchases of $426.5 million in second quarter 2022
- Expect 2022 adjusted EBITDA to be $2.5 billion to $2.7 billion
CLAYTON, Mo., July 28, 2022 /PRNewswire/ -- Olin Corporation (NYSE: OLN) announced financial results for the second quarter ended June 30, 2022. Olin also announced that its Board of Directors approved a new $2.0 billion share repurchase program ("2022 Share Repurchase Program").
Second quarter 2022 reported net income was $422.1 million, or $2.76 per diluted share, which compares to second quarter 2021 reported net income of $355.8 million, or $2.17 per diluted share. Second quarter 2022 adjusted EBITDA of $727.3 million excludes depreciation and amortization expense of $148.8 million and restructuring charges of $3.6 million. Second quarter 2021 adjusted EBITDA was $559.2 million. Sales in the second quarter 2022 were $2,616.1 million compared to $2,221.3 million in the second quarter 2021.
Scott Sutton, Chairman, President, and Chief Executive Officer, said, "Our second quarter record adjusted EBITDA performance continued to prove how our model can adapt in real-time to emphasize 'value first' versus a volume maximization approach. Our Chemical businesses have been increasingly challenged by the weakening economic environment, in particular chlorine derivatives such as epoxy resin and ethylene dichloride. Our team reduced operating rates and increased product purchases; thereby, refraining from selling incremental volume into poor-quality markets.
"With a recessionary economic environment continuing to unfold in third quarter 2022, we look forward to demonstrating how our winning model should dampen the impact of deeply cyclical behaviors that have historically undermined our earnings. We expect our third quarter 2022 Chemicals businesses results to be lower than second quarter 2022, due to purposeful lower participation in chlorine derivative markets and operating at lower rates combined with sequentially higher raw material and operating costs, mainly increased natural gas and electrical power costs. We expect Winchester third quarter results to be lower than second quarter 2022 levels because of higher commodity and other materials costs. Overall, we expect Olin's third quarter 2022 adjusted EBITDA to decline approximately 15% from second quarter 2022 levels.
"During the first half of 2022, we repurchased approximately 8% of shares outstanding for $689.7 million from cash flow, while maintaining our net debt levels. Additionally, the new $2 billion share repurchase program reflects our Board of Directors' confidence in Olin's future earnings and cash flow generation. With our solid balance sheet and strong cash flow, we are well positioned to execute on this attractive opportunity to invest in Olin."
SEGMENT REPORTING
Olin defines segment earnings as income (loss) before interest expense, interest income, other operating income (expense), non-operating pension income, other income, and income taxes.
CHLOR ALKALI PRODUCTS AND VINYLS
Chlor Alkali Products and Vinyls sales for the second quarter 2022 were $1,403.5 million compared to $967.3 million in the second quarter 2021. The increase in Chlor Alkali Products and Vinyls sales was primarily due to higher pricing, partially offset by lower volumes. Second quarter 2022 segment earnings were $346.5 million compared to $168.9 million in the second quarter 2021. The $177.6 million increase in segment earnings was primarily due to higher pricing across all products. The segment earnings also reflected lower volumes and higher raw material and operating costs, mainly increased natural gas and electrical power costs. Chlor Alkali Products and Vinyls second quarter 2022 results included depreciation and amortization expense of $120.4 million compared to $114.5 million in the second quarter 2021.
EPOXY
Epoxy sales for the second quarter 2022 were $772.7 million compared to $850.0 million in the second quarter 2021. The decrease in Epoxy sales was primarily due to lower volumes, partially offset by higher pricing. Second quarter 2022 segment earnings were $139.9 million compared to $165.3 million in the second quarter 2021. The $25.4 million decrease in Epoxy segment earnings was primarily due to lower volumes and higher operating costs, mainly increased natural gas and electrical power costs, partially offset by higher product margins, as higher pricing was partially offset by higher benzene and propylene raw material costs. Epoxy second quarter 2022 results included depreciation and amortization expense of $20.4 million compared to $20.3 million in the second quarter 2021.
WINCHESTER
Winchester sales for the second quarter 2022 were $439.9 million compared to $404.0 million in the second quarter 2021. The increase in Winchester sales was primarily due to higher commercial ammunition pricing. Second quarter 2022 segment earnings were $119.3 million compared to $109.9 million in the second quarter 2021. The $9.4 million increase in segment earnings was primarily due to higher commercial ammunition pricing, which was partially offset by higher commodity and other materials costs. Winchester second quarter 2022 results included depreciation and amortization expense of $5.9 million compared to $5.5 million in the second quarter 2021.
CORPORATE AND OTHER COSTS
Other corporate and unallocated costs in the second quarter of 2022 increased $4.1 million compared to the second quarter 2021 primarily due to unfavorable foreign currency impacts and higher legal fees, partially offset by lower incentive costs, which includes mark-to-market adjustments on stock-based compensation.
LIQUIDITY AND SHARE REPURCHASES
The cash balance on June 30, 2022, was $304.6 million and we ended the quarter with net debt of approximately $2.5 billion and a net debt to adjusted EBITDA ratio of 0.9 times.
Under the new $2 billion 2022 Share Repurchase Program, shares of the Company's common stock may be repurchased periodically, including in the open market or privately negotiated transactions. The actual timing, manner, number, and value of shares repurchased under the program will be determined by management at its discretion and will depend on a number of factors, including the market price of Olin's common stock, general market and economic conditions, applicable requirements, and other business considerations. The 2022 Share Repurchase Program has no time limit and does not obligate the Company to acquire any particular amount of shares of the Company's common stock.
During second quarter 2022, approximately 7.4 million shares of common stock were repurchased at a cost of $426.5 million. During first half 2022, approximately 12.6 million shares of common stock were repurchased at a cost of $689.7 million. For the full year 2021, Olin repurchased approximately 4.7 million shares of common stock at a cost of $251.9 million. On June 30, 2022, the Company had remaining authorization to repurchase approximately $362.5 million of the Company's common stock under its existing stock repurchase plan approved in November 2021 (the "2021 Share Repurchase Program"). The authorization remaining available under the 2021 Share Repurchase Program is not affected by the authorization of the 2022 Share Repurchase Program.
CONFERENCE CALL INFORMATION
Olin senior management will host a conference call to discuss second quarter 2022 financial results at 9:00 a.m. Eastern time on Friday, July 29, 2022. Remarks will be followed by a question and answer session. Associated slides, which will be available the evening before the call, and the conference call will be accessible via webcast through Olin's website, www.olin.com, under the second quarter conference call icon. An archived replay of the webcast will also be available in the Investor Relations section of Olin's website beginning at 12:00 p.m. Eastern time. A final transcript of the call will be posted the next business day.
COMPANY DESCRIPTION
Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.
Visit www.olin.com for more information on Olin.
FORWARD-LOOKING STATEMENTS
This communication includes forward-looking statements. These statements relate to analyses and other information that are based on management's beliefs, certain assumptions made by management, forecasts of future results, and current expectations, estimates and projections about the markets and economy in which we and our various segments operate. The statements contained in this communication that are not statements of historical fact may include forward-looking statements that involve a number of risks and uncertainties.
We have used the words "anticipate," "intend," "may," "expect," "believe," "should," "plan," "outlook," "project," "estimate," "forecast," "optimistic," "target," and variations of such words and similar expressions in this communication to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the Company's intent to repurchase, from time to time, the Company's common stock. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict and many of which are beyond our control. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise. The payment of cash dividends is subject to the discretion of our board of directors and will be determined in light of then-current conditions, including our earnings, our operations, our financial conditions, our capital requirements and other factors deemed relevant by our board of directors. In the future, our board of directors may change our dividend policy, including the frequency or amount of any dividend, in light of then-existing conditions.
The risks, uncertainties and assumptions involved in our forward-looking statements, many of which are discussed in more detail in our filings with the SEC, including without limitation the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2021, and our Quarterly Reports on Form 10-Q and other reports furnished or filed with the SEC, include, but are not limited to, the following:
Business, Industry and Operational Risks
- sensitivity to economic, business and market conditions in the United States and overseas, including economic instability or a downturn in the sectors served by us;
- declines in average selling prices for our products and the supply/demand balance for our products, including the impact of excess industry capacity or an imbalance in demand for our chlor alkali products;
- unsuccessful execution of our strategic operating model, which prioritizes Electrochemical Unit (ECU) margins over sales volumes;
- failure to control costs and inflation impacts or failure to achieve targeted cost reductions;
- our reliance on a limited number of suppliers for specified feedstock and services and our reliance on third-party transportation;
- higher-than-expected raw material, energy, transportation, and/or logistics costs;
- the occurrence of unexpected manufacturing interruptions and outages, including those occurring as a result of labor disruptions, production hazards and weather-related events;
- the failure or an interruption of our information technology systems;
- failure to identify, attract, develop, retain and motivate qualified employees throughout the organization;
- our inability to complete future acquisitions or successfully integrate them into our business;
- our substantial amount of indebtedness and significant debt service obligations;
- risks associated with our international sales and operations, including economic, political or regulatory changes;
- the negative impact from the COVID-19 pandemic and the global response to the pandemic, including without limitation adverse impacts in complying with governmental mandates;
- weak industry conditions affecting our ability to comply with the financial maintenance covenants in our senior credit facility;
- adverse conditions in the credit and capital markets, limiting or preventing our ability to borrow or raise capital;
- the effects of any declines in global equity markets on asset values and any declines in interest rates or other significant assumptions used to value the liabilities in, and funding of, our pension plans;
- our long-range plan assumptions not being realized causing a non-cash impairment charge of long-lived assets;
Legal, Environmental and Regulatory Risks
- changes in, or failure to comply with, legislation or government regulations or policies, including changes regarding our ability to manufacture or use certain products and changes within the international markets in which we operate;
- new regulations or public policy changes regarding the transportation of hazardous chemicals and the security of chemical manufacturing facilities;
- unexpected outcomes from legal or regulatory claims and proceedings;
- costs and other expenditures in excess of those projected for environmental investigation and remediation or other legal proceedings;
- various risks associated with our Lake City U.S. Army Ammunition Plant contract and performance under other governmental contracts; and
- failure to effectively manage environmental, social and governance (ESG) issues and related regulations, including climate change and sustainability.
All of our forward-looking statements should be considered in light of these factors. In addition, other risks and uncertainties not presently known to us or that we consider immaterial could affect the accuracy of our forward-looking statements.
2022-13
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SOURCE Olin Corporation | https://www.mysuncoast.com/prnewswire/2022/07/28/olin-announces-second-quarter-2022-results-2-billion-share-repurchase-program/ | 2022-07-28T21:52:23Z |
NEW YORK, July 21, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Unity Software Inc. ("Unity" or the "Company") (NYSE: U) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Unity investors who were adversely affected by alleged securities fraud between March 5, 2021 and May 10, 2022. Follow the link below to get more information and be contacted by a member of our team:
U investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) deficiencies in Unity's product platform reduced the accuracy of the Company's machine learning technology; (ii) the foregoing was likely to have a material negative impact on the Company's revenues; (iii) accordingly, Unity had overstated the Company's commercial and/or financial prospects for 2022; (iv) as a result, the Company was likely to have to reduce its fiscal 2022 guidance; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Unity during the relevant time frame, you have until September 6, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/07/21/u-lawsuit-alert-levi-amp-korsinsky-notifies-unity-software-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-21T11:29:04Z |
NEW YORK, Sept. 16, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Dingdong (Cayman) Ltd. (NYSE: DDL).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/dingdong-cayman-ltd-loss-submission-form/?id=31785&from=4
This lawsuit is on behalf of persons who purchased, or otherwise acquired, Dingdong American Depository Shares pursuant or traceable to the F-1 registration statements and related prospectus on Form 424B4 issued in connection with Dingdong's June 2021 initial public stock offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until October 24, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to the filed complaint, the registration statement and prospectus used to effectuate the Company's initial public offering misstated and/or omitted facts concerning Dingdong's so-called commitment to ensuring the safety and quality of the food it distributes to the market. For example, despite claiming that it applies "stringent quality control across [its] entire supply chain to ensure product quality to [its] users," Dingdong sold food past its sell-by date. Consequently, Dingdong was, in fact, no better at providing or assuring access to "fresh" groceries than the supermarkets, traditional Chinese wet markets, or traditional e-commerce platforms it repeatedly claimed to be displacing. Moreover, the foregoing conduct subjected Dingdong to an increased risk of regulatory and/or governmental scrutiny and enforcement, all of which, once revealed, were likely to negatively impact Dingdong's business, operations, and reputation.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/09/16/ddl-shareholder-alert-jakubowitz-law-reminds-dingdong-shareholders-lead-plaintiff-deadline-october-24-2022/ | 2022-09-16T11:05:48Z |
Facilities and processes key to protecting workers and the environment, the paper in Drug Development & Delivery says
BOONTON, N.J., June 7, 2022 /PRNewswire/ -- Enteris BioPharma, Inc., a biotechnology company developing innovative drug products based on its proprietary delivery technologies, and a wholly-owned subsidiary of SWK Holdings Corporation (Nasdaq: SWKH), announced today the publication of a new white paper entitled, "Protecting Workers and the Environment: Facilities and Processes Key to Making Highly Potent Drug Products."
The paper, coauthored by Angelo Consalvo, Director of Manufacturing for Enteris BioPharma, demonstrates how specialized knowledge, processes and facilities can lead to safer manufacturing of highly potent active pharmaceutical ingredients (HPAPIs) – a fast growing segment in the pharmaceutical sector. The whitepaper is available to download via Drug Development & Delivery at https://drug-dev.com/whitepapers/whitepaper-protecting-workers-and-the-environment-facilities-and-processes-key-to-safely-making-highly-potent-drug-products/.
"HPAPIs require specialized manufacturing capabilities to ensure that the compounds are contained inside the facility and that employees are protected from exposure," Consalvo said. "As a result, there is a shortage of U.S.-based facilities that can handle manufacturing of HPAPI drug products, given the need for specialized containment technologies and heating, ventilation and air conditioning systems. Adding to the challenge, the COVID-19 pandemic has disrupted supply chains and drug makers are assessing the need for U.S.-based partners to ensure they can bring medicines to the market without the logistical logjams."
Consalvo continued, "Enteris' recently renovated manufacturing facility provides an opportunity to capitalize these industry-wide shortcomings in HPAPI solid oral drug product manufacturing, handling and expertise. In particular, we are a CMO optimized to the needs of pharmaceutical and biotech companies that require small batch volumes of clinical trial material while possessing the manufacturing muscle to quickly scale for larger, later-stage clinical programs and commercial activities."
Enteris BioPharma completed the renovation of its Boonton, NJ manufacturing plant, which now encompasses a 32,000-square-foot, state-of-the-art facility with multiple suites dedicated to HPAPI handling/containment and solid oral dose manufacturing. This technical capacity is complemented by our experience and knowledge working with HPAPIs and low-dose formulations to achieve excellent content uniformity.
Enteris BioPharma, Inc. is a wholly-owned subsidiary of SWK Holdings Corporation (Nasdaq: SWKH) offering total integrated contract development and manufacturing (CDMO) services for innovative formulation solutions utilizing its proprietary drug delivery technologies, Peptelligence® and ProPerma®, and contract manufacturing (CMO) services using non-proprietary technologies. The company's proprietary technologies have been the subject of numerous feasibility studies and active development programs, some of which are in clinical development. Additionally, Enteris BioPharma is advancing an innovative internal product pipeline of drug products that address significant unmet clinical needs for which there is no satisfactory treatment option. For more information on Enteris BioPharma and its proprietary oral drug delivery technologies, please visit http://www.EnterisBioPharma.com.
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SOURCE Enteris BioPharma, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/07/enteris-biopharma-publishes-white-paper-examining-safe-handling-manufacture-highly-potent-active-pharmaceutical-ingredients-hpapi/ | 2022-06-07T13:12:40Z |
KENT, Wash., May 18, 2022 /PRNewswire/ -- Want to get paid to smoke weed and be creative? Sesh, a newly minted pre-roll cone and cannabis accessory brand, is looking for content creators with an interest in cannabis to create content for the Sesh website, blog, and social media platforms. They are searching for experienced writers, photographers, and social media gurus, who are passionate about cannabis and want to earn money doing something they love - talk about a DREAM JOB!
Sesh is looking for creators of any type of creative content; writers, bloggers, social media influencers, videographers, streamers, graphic designers, brand ambassadors – if you have a passion for cannabis and a creative talent, they want your application!
Selected applicants will receive free Sesh products to use and smoke! They will also be flown out to the Sesh headquarters office in the suburbs of beautiful Seattle in the Pacific Northwest, and have the opportunity to attend one major trade show per year with the Sesh team in cities like Las Vegas, Chicago, New York, and many more!
This is a dream job opportunity for any stoner – getting paid to smoke weed and try out high-quality products, and make some killer creative content while you're at it.
APPLY HERE: https://gotsesh.com/sesh-dream-job/
Contact Email: Contact@GotSesh.com
About Sesh
Sesh is a pre-roll cone and cannabis accessory brand created with one goal in mind: to bring people together to have fun, relax, and enjoy a good smoke sesh. Sesh is committed to offering products made from high-quality ingredients in order to provide the smoothest toke possible. Elevate your smoke sesh with pre-rolled cones, hemp wrap blunt cones, and botanical blunt cones made from real goji berry, cocoa, sage, and hibiscus!
Contact Information:
Sesh – GotSesh.com
Contact@GotSesh.com 206-274-9381
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SOURCE Sesh - GotSesh.com | https://www.mysuncoast.com/prnewswire/2022/05/18/get-paid-smoke-weed-how-land-dream-job-cannabis-content-creator/ | 2022-05-18T16:29:40Z |
The Company aspires to empower more smart factories around the world
BEIJING, June 28, 2022 /PRNewswire/ -- BlueIOT (Beijing) Technology Co., Ltd ("BlueIOT" or "the Company"), a world leading Real-time Location System (RTLS) provider that develops high-precision positioning products based on cutting-edge Bluetooth Angle-of-Arrival (AoA) technology, recently completed a smart factory project for OSRAM Opto Semiconductors (OSRAM) in Malaysia, nudging the company one step closer to its strategic internationalization goal. By June 2022, its tally of projects globally hit a new high with fields of application expanding to healthcare, warehousing and logistics, smart factories, smart buildings, and digital venues with multiple successful smart factory cases particularly in the Asia-Pacific region.
Currently, all machines in OSRAM's factories are bound to BlueIOT asset-type tags allowing each machine's exact location to be monitored in real time. Staff view both the real-time and historical route of any tag on the location map and in the case of locating a machine, nearby personnel can be dispatched promptly. With an invisible electronic fence, the entry and exit of people and machines are identified and recorded, which effectively prevents the loss of valuable assets and realizes traceability of lost assets. The same asset tracking solution has also been deployed in Media China, Shanghai Research Institute of Building Sciences, and a national warehouse in Indonesia.
Additionally, BlueIOT's high-precision positioning system successfully assisted a manufacturing giant in Japan, a world-leading semiconductor manufacturer in Singapore, and SAIC Motor in China in improving factory personnel management. Wearable and skin-friendly tags for employees or visitors are usually in the form of a badge or a wristband. Automatic attendance eliminates the need for the cumbersome manual check-in of employees; analysis of workers' operation routes helps to optimize workflow and boost productivity; and in the event of any emergency, the nearest security staff will be alerted and swiftly dispatched to the scene.
BlueIOT's locating system brings its accuracy level down to 0.1m and has won the trust of end customers and partners due to its high capacity, low energy consumption, cost-effectiveness, stable signal, and compact size. The Company has been well-recognized for its high-quality products and services and looks forward to partnering with more tag suppliers, software developers, system integrators, and solution providers to help the world's ten billion Bluetooth terminals to enjoy a more accurate location experience and empower more industries.
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SOURCE BlueIOT (Beijing) Technology Co., Ltd | https://www.kxii.com/prnewswire/2022/06/28/blueiots-recent-smart-factory-project-completion-malaysia-expedites-its-strategic-internationalization-goal/ | 2022-06-28T14:58:34Z |
Coming through the U.K. and Ireland in November and December On sale from July 1
A special anniversary fanzine compiled by the fans and band to be released October 14
LOS ANGELES, June 16, 2022 /PRNewswire/ --
From posting videos in 2012 on YouTube that brought the band together (see some of those early videos here / here ) to multiple arena tours and number one albums… It's been a whirlwind decade for The Vamps…
- They have generated over 6 billion streams and…
- Over two billion views on the bands YouTube channel alone
- They have released five albums, two No. 1's - 2017's Night & Day (Night Edition) and their latest album (2020) Cherry Blossom - and two No. 2's - 2014's Meet the Vamps and 2018's Night & Day (Day Edition)
- They have played global tours and festivals that have seen them play to over 2 million people
- They became the first band to headline The O2 five years in a row
- They've played on the biggest U.S. chat shows like Ellen and Seth Myers
- Amongst others, they have collaborated with Shawn Mendes, Demi Lovatto, Sigala, Krept & Konan, Tini, Matoma, Bruno Mars and many more!
- Played and shared stages with Coldplay, Jay Z, Taylor Swift, Kings Of Leon, Weezer, Ed Sheeran, Pharell Williams, Sam Smith
- They've created their own festival - The Vamps Weekender in Barcelona
- They've drunk shots with Dave Grohl backstage, hung out with Sean Paul at Woodstock, been held at gunpoint at airports, played for royalty (and put hot drinks on priceless tables and carried muddy football boots through their houses!)
- There's also been ice skating competitions, jungles, driving lessons and dating shows!
It's time to celebrate!
The Vamps…
"It's crazy to think what started in our bedrooms and Tristan's parent's garage led to us headlining arena's all around the world. The past 10 years have been an incredible journey but what makes it even more special is that it has felt like a shared one between us and our fans. The Vamps have taken us across all five continents and given us the privilege of playing in front of millions of people. These five albums are chapters in our lives and moments we are hugely proud of. This last year has been one of reflection for us and as four best friends who've had the chance to live out our dreams we now can't wait to celebrate these memories with you all."
Kicking off in Manchester at the O2 Apollo on November 23, the 10 Years Of The Vamps - The Greatest Hits Tour will see the band perform all the hits from across the decade that has made them become one of the most loved and celebrated pop bands in the U.K.
Tickets are on sale from July 1 at www.thevamps.net/dates/
10 Years Of The Vamps - The Greatest Hits Tour
Wed - November 23 - Manchester O2 Apollo
Fri - November 25 - Brighton Centre
Sun - November 27 - London The O2 Arena
Wed - November 30 - Bournemouth International Centre
Thur - December 1 - Cardiff Motorpoint Arena
Sat - December 3 - Dublin 3 Arena
Mon - December 5 - Belfast SSE Arena
Wed - December 7 - Liverpool M&S Bank Arena
Thur - December 8 - Glasgow OVO Hydro
Sat - December 10 - Nottingham Royal Concert Hall
Sun - December 11 - Birmingham Utilita Arena
Ten Years Of The Vamps is a special edition fanzine produced as a collaboration between the band and the fans that will be released on October 14 and is available to pre-order now from here. After an overwhelming response from the fans to a band shout-out asking for their own personal Vamp's memories, this collection is something personal between fan and band. As well as these photos, it includes limited edition merchandise such as art cards and a CD containing previously unreleased recordings, all housed in a zine book that documents the bands journey over the last ten years. There are unreleased photographs, photographs of memorabilia from the band's personal archives, an exclusive interview with the band, plus QR linked bonus content exclusive to the zine.
www.thevamps.net | YouTube | Facebook | Instagram | Twitter | TikTok
Ten Years Of The Vamps special edition Fanzine Tracklisting
Pre order now
Wild Heart
She Was The One
Risk It All
Wake Up
Same To You
All Night
Just My Type
Part Of Me (Demo) [*Previously unreleased]
Married in Vegas (Live / Cherry Blossom Tour 2021) [*Previously unreleased]
Nothing But You (Live / Cherry Blossom Tour 2021) [*Previously unreleased]
Chemicals (Live / Cherry Blossom Tour 2021) [*Previously unreleased]
Would You (Live / Cherry Blossom Tour 2021) [*Previously unreleased]
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SOURCE Universal Music Enterprises | https://www.wibw.com/prnewswire/2022/06/16/10-years-vamps-greatest-hits-tour/ | 2022-06-16T15:50:05Z |
PSIL-001 and PSIL-002 show promising antidepressant effects without hallucinations while having improved learning and memory tendencies over a psilocybin mimic
TAMPA, Fla., Aug. 10, 2022 /PRNewswire/ -- Psilera Inc. ("Psilera"), a biopharmaceutical company optimizing next-generation mental health treatments with a technology-enabled platform, announces promising results on two patent-pending N,N-dimethyltryptamine ("DMT") analogues, PSIL-001 and PSIL-002. Psilera's new chemical entity ("NCE") library contains promising compounds with non-hallucinogenic effects when administered at therapeutic dosages in various preclinical models.
PSIL-001 and PSIL-002 showed similar preclinical efficacy to psilacetin, a positive control, in the forced swim test depression model without hallucinations via the head twitch response. Psilacetin produces psilocin, the psychedelic active ingredient with FDA breakthrough therapy designation for treatment-resistant depression. Single doses of PSIL-001 and PSIL-002 produced rapid antidepressant effects, while most current FDA-approved antidepressants take multiple doses to show efficacy.
Repeat doses of PSIL-001 and PSIL-002 also showed improvement in learning and memory tasks statistically superior to psilacetin. These important characteristics could translate to neurodegenerative disorders like dementia and Alzheimer's disease which inspired a grant application by Psilera to study their NCEs in Alzheimer's disease.
"We are excited to see the unique results exhibited by PSIL-001 and PSIL-002," said Dr. Jackie von Salm, Co-Founder and CSO of Psilera. "We are finally documenting much needed evidence for our hypothesis that small, strategic chemical changes to existing psychedelic compounds can greatly reduce hallucinations while maintaining efficacy. These are just two of many NCEs in our library which could greatly impact patients suffering from neurological disorders."
Psilera leverages a world-class scientific and pharmaceutical team to reexamine and repurpose psychotropic natural products into effective and accessible patient-centric treatments. Their drug discovery core combines novel syntheses with a technology-enabled data platform to optimize next-generation neurological drugs at the atomic level. Psilera's proprietary computational platform harnesses leading machine learning methods to map complex datasets and identify lead compounds with modified psychotropic and therapeutic effects. Psilera's mission is to enhance the lives of patients by delivering new treatments with fewer side effects in mental health and neurodegenerative disorders.
Investor Contact:
Collin Gage
CGage@psilera.com
Media Contact:
Katie DeMarsh
Katie@psilera.com
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SOURCE Psilera, Inc. | https://www.kxii.com/prnewswire/2022/08/10/psileras-new-compounds-show-potential-significant-treatment-improvement-depression-neurodegenerative-disorders/ | 2022-08-10T13:26:55Z |
NC sheriff’s office puts AR-15s in schools in case of emergencies
MADISON COUNTY, N.C. (WHNS) - A North Carolina sheriff plans to equip school resource officers with AR-15 rifles as a safety measure.
Madison County Sheriff Buddy Harwood announced the plan to help improve security for Madison County Schools during a press conference in June, WHNS reports.
During the press conference, Harwood argued that we’ve seen that a deputy armed with a handgun is not always enough to stop certain situations. Because of this, he said he decided to arm every school resource officer with an AR-15 rifle with optics and accessories.
According to Harwood, all the rifles and accessories were bought using money donated by residents in Madison County.
Haywood explained that every officer will attend hours of extra tactical training with these rifles to ensure they are ready to use them. He added that each rifle will also be kept in a gun safe in an undisclosed location at each school.
Harwood said he is working with Madison County School Superintendent Dr. Weil Hoffman and the Board of Education to implement this new safety measure.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/08/nc-sheriffs-office-puts-ar-15s-schools-case-emergencies/ | 2022-08-08T10:35:29Z |
Creates a Global Leader in Relocation and Move Management
OAKBROOK TERRACE, Ill. and BURR RIDGE, Ill., Aug. 1, 2022 /PRNewswire/ -- SIRVA, Inc. ("SIRVA") and BGRS, leading global relocation and moving providers, today announced the successful completion of their previously announced merger agreement, creating a newly-formed company named SIRVA BGRS Worldwide, Inc. ("SIRVA BGRS"). With over 4,000 employees across 77 global locations, SIRVA BGRS will have the unparalleled footprint, capabilities and expertise to service a global customer base of any size.
Tom Oberdorf, Chief Executive Officer of SIRVA BGRS, said, "Today represents an exciting milestone in bringing the long-term vision of this new organization to life. Together, SIRVA BGRS will have new opportunities and capabilities to drive an enhanced employee experience, bring increased value to mobility programs and help support global talent goals in the organizations we serve. We look forward to leveraging our combined technology investments and talented mobility team to accelerate innovation and deliver an excellent mobility experience for our clients and their employees."
About SIRVA BGRS Worldwide, Inc.
SIRVA BGRS Worldwide, Inc. ("SIRVA BGRS") is a global leader in relocation and moving services, offering solutions for the employee relocation industry. With 77 locations servicing 190+ countries, we offer an unparalleled global footprint supported by extensive product offerings and robust technology solutions that support organization's global and diverse workforces. From relocation and household goods to commercial moving and storage, our portfolio of Brands (Including SIRVA BGRS, Allied, northAmerican, Global Van Lines, Alliance, SIRVA Mortgage and SMARTBOX) provide a superior relocation and moving experience to both corporate and consumer clients.
Media Contacts
SIRVA BGRS
Mike DeGraff / Ryan McDougald / Elizabeth Lake
SIRVA-SVC@SARDVERB.COM
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SOURCE SIRVA, Inc. | https://www.kxii.com/prnewswire/2022/08/01/sirva-bgrs-complete-merger-become-sirva-bgrs-worldwide-inc/ | 2022-08-01T14:36:05Z |
Pan Mass Challenge to add inaugural off-road charity ride
BOSTON (AP) — The Pan Mass Challenge is going off road. The nation’s largest single-event athletic fundraiser, whose annual cross-state bike ride has raised money for cancer treatment and research since its founding in 1980, is adding a one-day, off-road gravel ride in Massachusetts’ Berkshires this fall. PMC Unpaved will bring together new and existing PMC riders for a new cycling event to benefit the work of the Dana-Farber Cancer Institute. The inaugural ride is scheduled for Oct. 1 and includes 31- and 50-mile routes that will begin and end at Camp Mah-Kee-Nac in Stockbridge, Massachusetts. | https://localnews8.com/news/2022/04/13/pan-mass-challenge-to-add-inaugural-off-road-charity-ride/ | 2022-04-13T08:05:46Z |
Kavanaugh incident could lead to more security for judges
WASHINGTON (AP) — A man armed with a machete once broke into Stephen Breyer’s vacation home in the Caribbean and took $1,000. Ruth Bader Ginsburg had her purse snatched on a Washington street. David Souter was assaulted by several men while he was jogging.
Supreme Court justices have not been immune to violent crime. But this past week’s late-night incident at Justice Brett Kavanaugh’s suburban Washington home, where authorities said a man armed with a gun and knife threatened to kill the justice, reflects a heightened level of potential danger not just for members of the nation’s highest court, but all judges.
One proposal pending in Congress would provide additional security measures for the justices, and another would offer more privacy and protection for all federal judges.
Round-the-clock security given to the justices after the leak of the draft opinion in a major abortion case may well have averted a tragedy.
But the situation had much in common with other recent incidents that ended with the shooting death of a former judge in Wisconsin last week and the killing in 2020 of the son of a federal judge at their home in New Jersey. Troubled men, harboring a warped desire for vengeance and equipped with guns, turned their threats into action.
“We’re seeing these threats increase in number and intensity. That’s a sign. That’s a signal,” said U.S. District Judge Esther Salas, whose son was killed nearly two years ago in the attack that also wounded her husband.
Kavanaugh’s would-be attacker is Nicholas John Roske, 26, of Simi Valley, California, authorities said in charging him with the attempted murder of a justice. Clad in black, he arrived by taxi outside Kavanaugh’s Maryland home around 1 a.m. Wednesday.
He spotted two U.S. Marshals who were guarding the house and walked in the other direction, calling 911 to say he was having suicidal thoughts and also planned to kill Kavanaugh, according to court documents. Roske said he found the justice’s address on the internet.
When police searched a backpack and suitcase he was carrying, they said they found a Glock 17 pistol, ammunition, a knife, zip ties, duct tape and other items Roske said he was going to use to break into the house. He said he bought the gun to kill Kavanaugh.
Roske told police he was upset by the leaked draft opinion in the abortion case and by the school shooting in Uvalde, Texas, and believed Kavanaugh would vote to loosen gun control laws, according to documents filed in federal court in Maryland.
Last week, Wisconsin authorities said Douglas Uhde, 56, shot John Roemer, a former county judge, in a targeted attack against a judge who had once sentenced him to prison. Roemer was found zip-tied to a chair. Uhde had shot himself and later died.
In July 2020, lawyer Roy Den Hollander showed up at Judge Salas’ home posing as a FedEx delivery person. Den Hollander fatally shot Salas’ 20-year-old son, Daniel Anderl, and wounded her husband, Mark Anderl. The judge was in another part of the home at the time and was not injured.
Den Hollander, 72, was a men’s rights lawyer with a history of anti-feminist writings. He was found dead of a self-inflicted gunshot wound the day after the ambush, when police said they found a document with information about a dozen female judges from across the country, half of whom are Latina, including Salas.
Authorities believe Den Hollander also was tracking Supreme Court Justice Sonia Sotomayor, Salas said in a televised interview last year, because they found a manila folder with information about Sotomayor when they searched a locker belonging to Den Hollander.
Over the years, Supreme Court justices have called on Congress to provide more money for their security. But at the same time, the justices often shrugged off protection when it was offered. When Justice Antonin Scalia died on a hunting trip in Texas in 2016, for example, he did not have a security detail with him.
In recent years, the court has stepped up security for the justices. The court routinely refuses to discuss protection for the nine justices, but Justice Amy Coney Barrett said earlier this year that she was not prepared for how much more extensive security is now than when she worked for Scalia in the late 1990s.
Sotomayor likes to walk among guests at her public appearances, often joking about the armed officers who are there to protect her. “The guys up here. The big guys with stuff around their waist and things. They’re here to protect you from me,” she said to laughter at an event this year. “They get nervous if you get up unexpectedly. ... Please don’t make them nervous.”
House Speaker Nancy Pelosi, D-Calif., said Thursday that the House would take up a bill with bipartisan support that already has passed the Senate that would expand protection to the members of the justices’ immediate families.
Gabe Roth of the court reform group Fix the Court said in his view the justices “need Secret Service-level protection, which has only become more obvious this week. I’ve said it for years.”
A separate bill, named in memory of Salas’ son, would provide more privacy and protection for all federal judges, including scrubbing personal information from the internet, to deal with mounting cyberthreats. The U.S. Marshals Service, which protects about 2,700 federal judges and thousands more prosecutors and court officials, said there were 4,511 threats and inappropriate communications in 2021, compared with 926 such incidents in 2015.
The legislation, also widely supported by lawmakers in both parties, has been blocked by Sen. Rand Paul, R-Ky., who wants it to apply to members of Congress as well.
Sen. Bob Menendez, D-N.J., the bill’s author, said the Kavanaugh incident and Roemer’s death in Wisconsin make plain the need for the legislation. “Our bill is the only existing proposal to protect the personal information of judges and their families,” Menendez said in an email.
A similar bill in the House has not even gotten a hearing.
“We talk a lot about what can be done. How about we stop arming the public with information they are using to kill us? How about we do that?” Salas said Friday in an interview with The Associated Press.
The internet has made it much easier to find personal information pertaining to judges, and everyone else.
But even before the digital age, judges were sometimes the targets of people who harbored grudges about their treatment in the criminal justice system. In a book, retired Texas Judge Susan P. Baker details 42 judges, including three at the federal level, who were murdered or otherwise met suspicious ends in the 20th century.
In the past 17 years, three close relatives of federal judges have been killed in attacks at the judges’ homes, including Salas’ son. In 2005, U.S. District Judge Joan Lefkow returned from work to find her husband and mother shot dead in the basement of her Chicago home. The killer was a homeless electrician who had lost a medical malpractice suit in her courtroom.
U.S. District Judge Roslynn R. Mauskopf, who heads the office responsible for federal courts administration, said the incident at Kavanaugh’s house is just the most recent reminder that “threats against judges are real and they can have and have had dire consequences.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/11/kavanaugh-incident-could-lead-more-security-judges/ | 2022-06-11T15:00:52Z |
ROSEBUD — Services for John Albert Kirkpatrick, 87, of Lott will be 11 a.m. Thursday at Cook-Gerngross-Green-Patterson Funeral Home in Rosebud with the Rev. Don Fulton officiating.
Burial will be in Powers Chapel Cemetery near Rosebud.
Mr. Kirkpatrick died Sunday, June 12, at a Temple hospital.
He was born April 21, 1935, in Temple to William and Etta Mae Broughton Kirkpatrick. He graduated from Waco High School and Texas A&M University. He married Gwen Atkins in 1995. He worked as a rancher and owned a fertilizer business in Rosebud for many years.
Survivors include his wife of Lott; two stepsons, Wendell Crunk and Ronald Crunk, both of Asa; and a sister, Hellen J. Brenner of Crockett.
Memorials may be made to Lott Volunteer Fire Department, P.O. Box 186, Lott, TX 76656.
Visitation will be 10 a.m. Thursday at the funeral home. | https://www.tdtnews.com/obituaries/article_95e19bb6-eb8e-11ec-b39f-6f24c7eadeb9.html | 2022-06-14T05:51:21Z |
Inaugural Creative Council Members Include Award Winning Broadway Actors, Singers and Creators Who Will Serve as The Broadway Exchange's Bridge to the Theatre Community
NEW YORK, July 6, 2022 /PRNewswire/ -- Today, The Broadway Exchange (BWAYX.com), the premiere digital collectibles marketplace for theatre fans, announced the inaugural members of its Creative Council.
Creative Council members are artists and creators dedicated to building support across the theatre community and developing content that engages fans, performers, and producers. The Creative Council will provide important guidance on the needs of the theatre community as The Broadway Exchange continues to grow.
The Broadway Exchange builds on the tradition of theatre merchandise by creating authorized digital collectibles crafted from the IP of production partners. The collectibles are sold on The Broadway Exchange (BWAYX.com) NFT marketplace. Proceeds from the sales of the collectibles are shared with the theatre community.
"The Broadway Exchange partnership with the theatre community is vital to deepening our insight into what they need to thrive," said Larry Rogowsky, co-founder of The Broadway Exchange. "Our mission is firmly rooted in supporting the community by creating new and equitable revenue sources for the people who make live theater happen. Each of these council members are making important contributions to the theatre industry, and we are thrilled to have them onboard as we continue our journey."
Ninety percent of the profits of all sales made through The Broadway Exchange go to shows and are shared directly with actors, writers, directors, designers and other members of the creative community. Additionally, The Broadway Exchange commits 3% of all gross sales to charitable organizations, including Broadway Cares and The Entertainment Community Fund (formerly known as The Actors Fund).
The inaugural members of The Broadway Exchange's Creative Council include:
Jeannette Bayardelle is a Tony-nominated Broadway actor and the founding member of The Creative Council. Bayardelle has long supported financial literacy for artists through her organization From Broadway to Wall Street. She has traveled to over fifty countries throughout Africa, Asia, Europe, North America and the Caribbean, sharing her gift of acting. Her credits include Girl from the North Country, The Color Purple, Hair and Shida.
Jason Veasey is a New York-based actor and singer who is currently starring in the critically acclaimed, Tony Award and Pulitzer Prize Award-winning A Strange Loop. Veasey's other credits include Broadway's Lion King as well as Chicago Fire and Insomnia on screen.
Robert Creighton is a New York-based actor who has most recently starred as Weselton in Disney's Broadway production of Frozen. He is the co-author and star of the hit musical Cagney that played off-Broadway at the Westside Theatre. Creighton's Broadway credits include Lion King, Little Mermaid, The Mystery of Edwin Drood, Anything Goes, and Chicago. Television appearances include The Good Fight (recurring guest star), Elementary, Law & Order, The Family, and Life on Mars.
Cara Ricketts is an award-winning actor who has performed on stages across Canada and the U.S. Ricketts began on screen acting after completing her fourth season at the Stratford Festival, where she received the Best Actress Award for her role in Pinter's The Homecoming. She has been an advisor on several NFT projects and is an XR enthusiast.
For more information about The Broadway Exchange, please contact Jacquelyn Grant by email at jacquelyn@thetascgroup.com or by phone at 203-512-4388.
The Broadway Exchange is a digital collectibles marketplace dedicated to helping live theatre thrive in the digital economy so that everyone benefits. We partner with the theatre community to create, promote and sell compelling digital collectibles and amazing experiences that build deeper connections between fans and creators.
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SOURCE The Broadway Exchange | https://www.kxii.com/prnewswire/2022/07/06/broadway-exchange-announces-formation-creative-council/ | 2022-07-06T16:30:52Z |
Matthew McConaughey reacts to school shooting in hometown of Uvalde
UVALDE, Texas (AP) — Actor Matthew McConaughey was born in Uvalde, Texas, where a gunman killed 19 children and two teachers on Tuesday. He responded by calling on Americans to act now to control an “epidemic” of mass shootings.
“Once again, we have tragically proven that we are failing to be responsible for the rights our freedoms grant us,” McConaughey posted on his social media accounts. “We cannot exhale once again, make excuses, and accept these tragic realities as the status quo.”
The actor doesn’t describe any specific laws or policies he wants adopted. He doesn’t mention gun control.
“As Americans, Texans, mothers and fathers, it’s time we re-evaluate,” he wrote. “We have to rearrange our values and find a common ground.”
“This is an epidemic we can control, and whichever side of the aisle we may stand on, we all know we can do better. We must do better. Action must be taken so that no parent has to experience what the parents in Uvalde and the others before them have endured.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/25/matthew-mcconaughey-reacts-school-shooting-hometown-uvalde/ | 2022-05-25T15:14:46Z |
BD REPORTS THIRD QUARTER FISCAL 2022 FINANCIAL RESULTS
Published: Aug. 4, 2022 at 6:30 AM EDT|Updated: 1 hour ago
Revenue from continuing operations of $4.6 billion increased 0.7% as reported and 3.8% on currency-neutral basis
Revenue from continuing operations driven by base revenue growth of 6.0% as reported, 9.3% currency-neutral
Worldwide COVID-only testing revenues of $76 million declined from $300 million in the prior year
GAAP diluted EPS from continuing operations of $1.28; adjusted diluted EPS from continuing operations of $2.66
Company raises full year revenue and EPS guidance
FRANKLIN LAKES, N.J., Aug. 4, 2022 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced results for its third quarter of fiscal year 2022, which ended June 30, 2022.
"Our BD2025 strategy continues to serve as our True North and has proven to be an effective, winning strategy as reflected in our continued strong performance, even amid a challenging macro environment," said Tom Polen, chairman, CEO and president of BD. "Through our talented team's focused execution and commitment to our purpose, we are advancing our Grow-Simplify-Empower initiatives, innovation pipeline and capital deployment strategy, which are all contributing to profitable growth. Looking forward, we expect continued momentum and remain well-positioned to drive long-term growth and value for all stakeholders."
Recent Business Highlights
BD continues to advance its innovation-driven growth strategy, tuck-in M&A, and ESG initiatives.
Acquired Parata Systems, entering high-growth pharmacy automation market segment by offering a comprehensive set of technologies across the care continuum, and furthering strategy to drive smart, connected care.
Acquired MedKeeper, a provider of modern, cloud-based pharmacy management applications, including connected pharmacy software to support the preparation of compounded medications.
Launched BD COR™ System in U.S. Fully automated, high-throughput infectious disease molecular diagnostic platform includes 510(k) cleared BD COR™ MX instrument that elevates standard of care for sexually transmitted infections.
Obtained CE mark for COVID-19 and Influenza A/B combination test for BD COR™ MX.
Launched CE marked BD MAX™ respiratory viral panel for COVID-19, Influenza A/B and Respiratory Syncytial Virus.
Unveiled BD FACSDiscover™ S8 cell sorter at International Society for Advancement of Cytometry CYTO 2022 conference. World's first spectral cell sorter with high-speed imaging technology that sorts cells based on visual characteristics.
Issued 2021 ESG Report with notable progress toward 2030+ ESG commitments, addressing energy, water and waste reduction, environmental impact of product portfolio and supplier diversification.
Named a "Noteworthy Company" for the third straight year in DiversityInc's annual ranking of the top U.S. companies for diversity.
Recognized as a Best Place to Work for Disability Inclusion for the fourth consecutive year. Perfect score on 2022 Disability Equality Index demonstrates progress in removing barriers and creating employment opportunities for people with disabilities.
Basis of Presentation— Continuing Operations
On April 1, 2022, the Company completed the spin-off of its Diabetes Care business as a separate publicly traded company named Embecta Corp. ("Embecta"). The historical results of the Diabetes Care business that was contributed to Embecta in the spin-off are now accounted for as discontinued operations. Financial information presented in this release reflects BD's results on a continuing operations basis, which excludes Embecta. Prior periods have been recast to conform to this presentation.
Third Quarter Fiscal 2022 Operating Results
Geographic Results
Segment Results
Third fiscal quarter revenue growth across the segments was driven by strong base business performance.
The BD Medical segment includes the Medication Delivery Solutions (MDS), Medication Management Solutions (MMS), and Pharmaceutical Systems (PS) business units. BD Medical revenue growth was driven by strong performance in MDS and PS.
MDS performance reflects global competitive gains in catheters driven by strong momentum in our comprehensive vascular access management strategy despite COVID restrictions in China. Improved utilization year-over-year in the U.S. and Europe also contributed to MDS performance.
MMS performance reflects continued strong momentum worldwide in our dispensing business driven by our connected medication management and pharmacy automation solutions. Worldwide performance in our infusion business was about flat, reflecting a similar level of demand in the U.S. for pumps under medical necessity compared to the prior year.
PS performance reflects our strong leadership position in pre-fillable devices, supported by ongoing capacity expansion and supply availability that enabled our ability to meet increased demand for biologic drugs.
The BD Life Sciences segment includes the Integrated Diagnostic Solutions (IDS) and Biosciences (BDB) business units. BD Life Sciences performance reflects growth in the base business of 8.8% as reported and 13.2% on a currency-neutral basis and the decline in COVID-only testing revenues.
IDS performance reflects a decline in COVID-only testing revenues, partially offset by strong growth in the base business. Base business growth was driven by continued adoption of our broader respiratory panel and leveraging the increased BD Max™ installed base, and growth in specimen management that reflects price management and continued production increases that enabled us to meet strong demand.
BDB performance reflects continued strong demand for reagents driven by our antibody and dye strategy and continued adoption of our e-commerce platform. Strong instrument growth was driven by recent product launches and strategic procurement of critical components that enabled higher instrument placements.
The BD Interventional segment includes the Surgery, Peripheral Intervention (PI), and Urology & Critical Care (UCC) business units. BD Interventional revenue growth reflects strong performance across the segment.
Surgery performance reflects strong growth worldwide in Advanced Repair and Reconstruction driven by continued market adoption of Phasix™ hernia resorbable scaffold and the acquisition of Tepha. Performance also reflects double-digit growth worldwide in biosurgery.
PI performance reflects share gains driven by the return of Venovo™ to the market, continued global penetration of Rotarex™ and the acquisition of Venclose, which is expanding our focus across chronic disease settings. Growth was also aided by partial back-order recovery during the quarter. Partially offsetting this growth was a negative impact to deferrable procedures from macroeconomic factors such as labor constraints.
UCC performance reflects continued strong demand for chronic female incontinence products in the acute care & alternative care settings. Strength in acute care was aided by back-order recovery during the quarter.
Assumptions and Outlook for Full Year Fiscal 2022
The company provided the following guidance with respect to its continuing operations for fiscal 2022.
The company raised and narrowed its full-year revenue and adjusted EPS guidance ranges.
The company now expects fiscal year 2022 revenues to be in the range of approximately $18.75 billion to $18.83 billion compared to $18.5 billion to $18.7 billion previously announced, which reflects an increase of approximately $190 million at the mid-point.
The company now expects fiscal year 2022 adjusted diluted EPS to be $11.28 to $11.35, compared to $11.15 to $11.30 previously announced. This reflects an increase of $0.09 at the mid-point that is driven by strong base business performance. The estimated incremental impact from foreign currency is expected to be minimal.
BD's outlook for fiscal 2022 reflects numerous assumptions about many factors that could affect its business, based on the information management has reviewed as of this date. Management will discuss its outlook and several of its assumptions on its third fiscal quarter earnings call.
The company's expected adjusted diluted EPS for fiscal 2022 excludes potential charges or gains that may be recorded during the fiscal year, such as, among other things, the non-cash amortization of intangible assets, acquisition-related charges, spin related charges, and certain tax matters. BD does not attempt to provide reconciliations of forward-looking adjusted diluted non-GAAP EPS guidance to the comparable GAAP measure because the impact and timing of these potential charges or gains is inherently uncertain and difficult to predict and is unavailable without unreasonable efforts. In addition, the company believes such reconciliations would imply a degree of precision and certainty that could be confusing to investors. Such items could have a substantial impact on GAAP measures of BD's financial performance. We also present our estimated revenue and adjusted diluted EPS growth for our 2022 fiscal year after adjusting for the anticipated impact of foreign currency translation. BD believes that this adjustment allows investors to better evaluate BD's anticipated underlying earnings performance for our 2022 fiscal year in relation to our underlying 2021 fiscal year performance.
Conference Call and Presentation Materials
BD will host an audio webcast today for the public, investors, analysts, and news media to discuss its third quarter results. The audio webcast will be broadcast live on BD's website, www.bd.com/investors at 8 a.m. (ET) Thursday, August 4, 2022. Accompanying slides will be available on BD's website, www.bd.com/investors at approximately 6:30 a.m. (ET). The conference call will be available for replay on BD's website, www.bd.com/investors. Alternatively, you can dial into the replay at 1-800-839-3012 (domestic) and 1-402-220-7232 (international) through the close of business on Thursday, Aug. 11, 2022. A confirmation number is not needed to access the replay.
Non-GAAP Financial Measures/Financial Tables
This news release contains certain non-GAAP financial measures. These include revenue growth rates on a currency-neutral basis, adjusted diluted earnings per share, base revenue and organic revenue. These non-GAAP financial measures are not in accordance with generally accepted accounting principles in the United States. BD management believes that the use of non-GAAP measures to adjust for items that are considered by management to be outside of BD's underlying operational results or that affect period to period comparability helps investors to gain a better understanding of our performance year-over-year, to analyze underlying trends in our businesses, to analyze our base operating results, and understand future prospects. Management uses these non-GAAP financial measures to measure and forecast the company's performance, especially when comparing such results to previous periods or forecasts. We believe presenting such adjusted metrics provides investors with greater transparency to the information used by BD management for its operational decision-making and for comparison for other companies within the medical technology industry. Although BD's management believes non-GAAP results are useful in evaluating the performance of its business, its reliance on these measures is limited since items excluded from such measures may have a material impact on BD's net income, earnings per share or cash flows calculated in accordance with GAAP. Therefore, management typically uses non-GAAP results in conjunction with GAAP results to address these limitations. BD strongly encourages investors to review its consolidated financial statements and publicly filed reports in their entirety and cautions investors that the non-GAAP measures used by BD may differ from similar measures used by other companies, even when similar terms are used to identify such measures. Non-GAAP measures should not be considered replacements for, and should be read together with, the most comparable GAAP financial measures.
We present adjusted diluted earnings per share for the third fiscal quarter and the first nine months of fiscal year 2022, and the corresponding prior periods, after eliminating items we believe are not part of our ordinary operations and affect the comparability of the periods presented. We also present adjusted diluted earnings per share for the full 2021 fiscal year. Adjusted diluted earnings per share includes adjustments for the impact of purchase accounting adjustments, integration and restructuring costs, spin related charges, certain transaction gains and losses, certain legal defense and product remediation costs, certain regulatory costs, certain investment gains and losses, certain asset impairment costs, and the impact of the extinguishment of debt. In particular, current and prior-year adjusted diluted earnings per share results exclude European regulatory initiative-related costs, which represent costs incurred to develop processes and systems to establish initial compliance with the European Union Medical Device Regulation and the European Union In Vitro Diagnostic Medical Device Regulation (collectively, the "New EU Medical Devices Regulations"), which represent a significant, unusual change to the existing regulatory framework. We consider the excluded European regulatory initiative-related costs to be duplicative of previously incurred costs and/or one-off costs related to establishing initial compliance with such regulatory regimes, and in each case are limited to a specific period of time. These expenses relate to establishing initial compliance with the New EU Medical Devices Regulations and include the cost of labor, other services and consulting (in particular, research and development and clinical trials) and supplies, travel and other miscellaneous costs. These costs were recorded in Cost of products sold and Research and development expense.
We also present revenue growth rates for the third fiscal quarter and the first nine months of fiscal year 2022 over the corresponding prior periods on a currency-neutral basis after eliminating the effect of foreign currency translation, where applicable. We also show the growth in adjusted diluted earnings per share compared to the prior year period after eliminating the impact of foreign currency translation to further enable investors to evaluate BD's underlying earnings performance compared to the prior period. We calculate foreign currency-neutral percentages by converting our current-period local currency financial results using the prior period foreign currency exchange rates and comparing these adjusted amounts to our current-period results. As exchange rates are an important factor in understanding period-to-period comparisons, we believe the presentation of results on a foreign currency-neutral basis in addition to reported results helps improve investors' ability to understand our operating results and evaluate our performance in comparison to prior periods.
Reconciliations of these and other non-GAAP measures to the comparable GAAP measures are included in the attached financial tables. Within the attached financial tables presented, certain columns and rows may not add due to the use of rounded numbers. Percentages and earnings per share amounts presented are calculated from the underlying amounts.
About BD
BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for health care providers. BD and its 75,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians' care delivery process, enable laboratory scientists to accurately detect disease and advance researchers' capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to health care. For more information on BD, please visit bd.com or connect with us on LinkedIn at www.linkedin.com/company/bd1/ and Twitter @BDandCo.
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This press release contains certain estimates and other forward-looking statements (as defined under Federal securities laws) regarding BD's future prospects and performance, including, but not limited to, future revenues and earnings per share. All such statements are based upon current expectations of BD and involve a number of business risks and uncertainties. Actual results could vary materially from anticipated results described, implied or projected in any forward-looking statement. With respect to forward-looking statements contained herein, a number of factors could cause actual results to vary materially. These factors include, but are not limited to, risks relating to any impact of the current disruptions in the global supply chain on our operations, including our ability to source raw materials and components needed to manufacture our products and inflationary pressures; the possible impact of the COVID-19 pandemic on our business and the global healthcare system (including decreases in the demand for our products, disruptions to our operations or the operations of our suppliers and customers (including the impact of employee absenteeism) and our supply chain, and factors such as vaccine utilization rates, the rate of infections, the emergence of new variantsand competitive factors that could impact the demand and pricing for our COVID-19 diagnostics testing); product efficacy or safety concerns resulting in product recalls or actions being taken with respect to our products; new or changing laws and regulations impacting our business (including the imposition of tariffs, changes in tax laws, new environmental laws and regulations, or changes in laws impacting international trade) or changes in enforcement practices with respect to such laws; labor shortages and increased labor costs; our suppliers' ability to provide products needed for our operations and BD's ability to maintain favorable supplier arrangements and relationships; legislative or regulatory changes to the U.S. or foreign healthcare systems, potential cuts in governmental healthcare spending (including China's volume-based procurement tender process) or governmental or private measures to contain healthcare costs, including changes in pricing and reimbursement policies, each of which could result in reduced demand for our products or downward pricing pressure; changes in interest or foreign currency exchange rates; adverse changes in regional, national or foreign economic conditions, including inflation, deflation and fluctuations in interest rates, particularly in emerging markets, including any impact on our ability to access credit markets and finance our operations; the adverse impact of cyber-attacks on our information systems or products; competitive factors including technological advances and new products introduced by competitors; risks relating to our overall indebtedness; interruptions in our manufacturing or sterilization processes; pricing and market pressures; difficulties inherent in product development, delays in product introductions and uncertainty of market acceptance of new products; adverse changes in geopolitical conditions; increases in energy costs and their effect on, among other things, the cost of producing BD's products; the remediation of our infusion pump business (including risks relating to our ability to obtain regulatory clearance and market acceptance of the BD Alaris™ System); our ability to achieve our projected level or mix of product sales; our ability to successfully integrate any businesses we acquire; uncertainties of litigation and/or investigations and/or subpoenas (as described in BD's filings with the Securities and Exchange Commission ("SEC")); and the issuance of new or revised accounting standards, as well as other factors discussed in BD's filings with the SEC. In addition, we have made certain assumptions in making these forward-looking statements, particularly regarding the COVID-19 pandemic, supply chain pressures and inflation. If any of these assumptions are incorrect, BD's actual results could differ materially from those described in these forward-looking statements. The Russia and Ukraine conflict may also heighten the impact of certain of these factors described above as well as other factors discussed in BD's filings with the SEC. We do not intend to update any forward-looking statements to reflect events or circumstances after the date hereof except as required by applicable laws or regulations.
Contacts: Investors: Francesca DeMartino, SVP, Head of Investor Relations - 201-847-5743 Media: Troy Kirkpatrick, VP, Public Relations - 858-617-2361
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/04/bd-reports-third-quarter-fiscal-2022-financial-results/ | 2022-08-04T11:59:41Z |
BALA CYNWYD, Pa., Sept. 7, 2022 /PRNewswire/ -- Context Business Lending, LLC ("CBL") a leading family office-backed national asset-based lender, announced today that it has changed its name to Edge Capital Lending, LLC ("Edge" or "Edge Capital") to better reflect its identity and its future.
Edge Capital's CEO Meredith L. Carter explained, "With a solid infrastructure and an established track record in place, we are now in a different phase of our business. To mark this new chapter, we decided to update our business name to better reflect who we now are as a brand."
Carter continued, "After months of searching for a new brand that described our culture and our niche in the specialty finance market, we had our 'ah ha' moment. The name was there all along – a word we used nearly daily. In the trading business, the word 'edge' means, 'any technique, observation or approach that creates an advantage over other traders.' www.Investopedia.com. Our company is a family office-backed specialty finance company, free from the layers of approvals, one-size-fits-all approach, caps, industry prohibitions, and regulations of many other financial institutions. We chose the name Edge Capital as our new business name to represent the advantages that freedom brings us, and in turn our customers, referral sources and partners."
On its new website, www.EdgeCL.com, Edge identifies its Mission: "to question and improve long-held industry practices, maximize flexibility for the companies we work with and to partner with our borrowers through transitions, both expected and unexpected."
Edge described what to expect next from the Company in a statement issued last week. "The next stage of our business… will be marked with additional technology enablements, new business lines, novel deal structures, and our hallmark quality customer service. Our goal is to deploy $1BB of capital over the next 5 years, delivering edge to growing companies in need of financing that offers flexibility and an open mind."
Edge Capital Lending, LLC ("Edge"), a national family-office backed specialty finance company with employees located in 16 states, provides customer-focused flexible $5MM - $50MM working capital solutions for lower middle-market businesses. With Edge's ability to be more flexible on deal structuring and more accepting of traditionally disfavored industries, Edge takes a holistic view of each businesses' challenges and turns them into opportunities. Edge is industry agnostic and works with businesses in the manufacturing, distribution, wholesaling, consumer products (including firearms), eCommerce, service industries, and more. To learn how we can provide edge to your company or customers, please visit www.EdgeCL.com.
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SOURCE Edge Capital Lending, LLC | https://www.wibw.com/prnewswire/2022/09/07/cbl-announces-rebrand-edge-capital/ | 2022-09-07T15:10:20Z |
Zimmer Biomet Announces Second Quarter 2022 Financial Results
Published: Aug. 2, 2022 at 5:30 AM CDT|Updated: 1 hour ago
Second quarter net sales from continuing operations of $1.782 billion increased 1.0% and 6.0% on a constant currency1 basis
Second quarter diluted earnings per share from continuing operations were $0.73; adjusted1 diluted earnings per share from continuing operations were $1.82
Company updates 2022 financial guidance, raising range for full year outlook
WARSAW, Ind., Aug. 2, 2022 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) today reported financial results for the quarter ended June 30, 2022. The Company reported second quarter net sales from continuing operations of $1.782 billion, an increase of 1.0% over the prior year period, and an increase of 6.0% on a constant currency basis. Net earnings from continuing operations for the second quarter were $153.7 million, or $382.4 million on an adjusted1 basis.
Diluted earnings per share from continuing operations were $0.73 for the second quarter, and adjusted diluted earnings per share from continuing operations were $1.82.
"Our performance in Q2 was well above our own internal expectations due to stronger than anticipated COVID recovery in the quarter and the continued execution from the ZB team across our regions and segments. Despite expected increased pressure from foreign exchange rates and inflation, we are once again updating our guidance," said Bryan Hanson, Chairman, President and CEO of Zimmer Biomet. "We believe our focus on innovation and the transformation of our business continues to position us well for long-term growth and continued delivery for our shareholders."
1. Reconciliations of these measures to the corresponding U.S. generally accepted accounting principles measures are included in this press release.
Recent Highlights
Aligned with the ongoing transformation of Zimmer Biomet's business, key second quarter highlights include:
Certification in the U.S. by Great Place to Work, which recognizes employers who create an outstanding employee experience.
Launch of new artificial intelligence (AI) capabilities within Omni™ Suite, an intelligent operating room (OR) designed to optimize surgical workflow and procedural efficiency by automating manual tasks and streamlining unnecessary technology and redundant hardware. Omni Suite's first-of-its-kind AI feature further expands the AI capabilities of ZBEdge™, a suite of integrated smart, digital and robotic technologies designed to deliver transformative data-powered clinical insights with the goal of improving patient outcomes.
The following sales tables provide results by geography and product category for the three and six-month periods ended June 30, 2022, as well as the percentage change compared to the applicable prior year period, on both a reported basis and a constant currency basis.
Financial Guidance
The Company is updating its full-year 2022 financial guidance to raise its previous projected ranges for revenue growth, foreign currency exchange impact, adjusted operating profit margin and adjusted diluted EPS from continuing operations:
Conference Call
The Company will conduct its second quarter investor conference call today, August 2, 2022, at 8:30 a.m. ET. The audio webcast can be accessed via Zimmer Biomet's Investor Relations website at https://investor.zimmerbiomet.com. It will be archived for replay following the conference call.
About the Company
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.
With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation.
For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit www.zimmerbiomet.com or follow Zimmer Biomet on Twitter at www.twitter.com/zimmerbiomet.
Website Information
We routinely post important information for investors on our website, www.zimmerbiomet.com, in the "Investor Relations" section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investor Relations section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts.
The information contained on, or that may be accessed through, our website or any other website referenced herein is not incorporated by reference into, and is not a part of, this document.
Note on Non-GAAP Financial Measures
This press release includes non-GAAP financial measures that differ from financial measures calculated in accordance with U.S. generally accepted accounting principles ("GAAP"). These non-GAAP financial measures may not be comparable to similar measures reported by other companies and should be considered in addition to, and not as a substitute for, or superior to, other measures prepared in accordance with GAAP.
Net sales from continuing operations change information for the three and six-month periods ended June 30, 2022 is presented on a GAAP (reported) basis and on a constant currency basis. Constant currency percentage changes exclude the effects of foreign currency exchange rates. They are calculated by translating current and prior-period sales at the same predetermined exchange rate. The translated results are then used to determine year-over-year percentage increases or decreases.
Net earnings from continuing operations and diluted earnings per share from continuing operations for the three and six-month periods ended June 30, 2022 and 2021 are presented on a GAAP (reported) basis and on an adjusted basis. Adjusted earnings from continuing operations and adjusted diluted earnings per share from continuing operations exclude the effects of certain items, which are detailed in the reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures presented later in this press release.
Free cash flow from continuing operations is an additional non-GAAP measure that is presented in this press release. Free cash flow from continuing operations is computed by deducting additions to instruments and other property, plant and equipment of continuing operations from net cash provided by operating activities from continuing operations.
Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are included in this press release. This press release also contains supplemental reconciliations of additional non-GAAP financial measures that the Company presents in other contexts. These additional non-GAAP financial measures are computed from the most directly comparable GAAP financial measure as indicated in the applicable reconciliation.
Management uses non-GAAP financial measures internally to evaluate the performance of the business. Additionally, management believes these non-GAAP measures provide meaningful incremental information to investors to consider when evaluating the performance of the Company. Management believes these measures offer the ability to make period-to-period comparisons that are not impacted by certain items that can cause dramatic changes in reported income but that do not impact the fundamentals of our operations. The non-GAAP measures enable the evaluation of operating results and trend analysis by allowing a reader to better identify operating trends that may otherwise be masked or distorted by these types of items that are excluded from the non-GAAP measures. In addition, constant currency sales changes, adjusted operating profit, adjusted diluted earnings per share from continuing operations and free cash flow from continuing operations are used as performance metrics in our incentive compensation programs.
Forward-Looking Non-GAAP Financial Measures
This press release also includes certain forward-looking non-GAAP financial measures for the year ending December 31, 2022. We calculate forward-looking non-GAAP financial measures based on internal forecasts that omit certain amounts that would be included in GAAP financial measures. For instance, we exclude the impact of certain charges related to initial compliance with the European Union Medical Device Regulation; restructuring and other cost reduction initiatives; quality remediation; acquisition, integration, divestiture and related; certain legal and tax matters; and discontinued operations. We have not provided quantitative reconciliations of these forward-looking non-GAAP financial measures to the most directly comparable forward-looking GAAP financial measures because the excluded items are not available on a prospective basis without unreasonable efforts. For example, the timing of certain transactions is difficult to predict because management's plans may change. In addition, the Company believes such reconciliations would imply a degree of precision and certainty that could be confusing to investors. It is probable that these forward-looking non-GAAP financial measures may be materially different from the corresponding GAAP financial measures.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding financial guidance, the impact of the COVID-19 pandemic on our business, including any continued recovery, and any statements about our forecasts, expectations, plans, intentions, strategies or prospects. All statements other than statements of historical or current fact are, or may be deemed to be, forward-looking statements. Such statements are based upon the current beliefs, expectations and assumptions of management and are subject to significant risks, uncertainties and changes in circumstances that could cause actual outcomes and results to differ materially from the forward-looking statements. These risks, uncertainties and changes in circumstances include, but are not limited to: the effects of the COVID-19 global pandemic and other adverse public health developments on the global economy, our business and operations and the business and operations of our suppliers and customers, including the deferral of elective surgical procedures and our ability to collect accounts receivable; the failure of vaccine rollouts and other strategies to mitigate or reverse the impacts of the COVID-19 pandemic; the emergence of new pandemic variants; the failure of elective surgical procedures to recover at the levels or on the timeline anticipated; the risks and uncertainties related to our ability to successfully execute our restructuring plans; our ability to attract, retain and develop the highly skilled employees we need to support our business; the success of our quality and operational excellence initiatives, including ongoing quality remediation efforts at our Warsaw North Campus facility; the ability to remediate matters identified in inspectional observations or warning letters issued by the U.S. Food and Drug Administration (FDA), while continuing to satisfy the demand for our products; the risks and uncertainties associated with the spinoff of ZimVie Inc. (ZimVie), including, without limitation, the tax-free nature of the transaction, the tax-efficient nature of any subsequent disposal of any ZimVie common stock we retain, possible disruptions in our relationships with customers, suppliers and other business partners and the possibility that the anticipated benefits and synergies of the transaction, strategic and competitive advantages, and future growth and other opportunities will not be realized within the expected time periods or at all; the impact of substantial indebtedness on our ability to service our debt obligations and/or refinance amounts outstanding under our debt obligations at maturity on terms favorable to us, or at all; the ability to retain the employees, independent agents and distributors who market our products; dependence on a limited number of suppliers for key raw materials and outsourced activities; the possibility that the anticipated synergies and other benefits from mergers and acquisitions will not be realized, or will not be realized within the expected time periods; the risks and uncertainties related to our ability to successfully integrate the operations, products, employees and distributors of acquired companies; the effect of the potential disruption of management's attention from ongoing business operations due to integration matters related to mergers and acquisitions; the effect of mergers and acquisitions on our relationships with customers, suppliers and lenders and on our operating results and businesses generally; challenges relating to changes in and compliance with governmental laws and regulations affecting our U.S. and international businesses, including regulations of the FDA and foreign government regulators, such as more stringent requirements for regulatory clearance of products; the outcome of government and regulatory investigations; competition; pricing pressures; changes in customer demand for our products and services caused by demographic changes or other factors; the impact of healthcare reform measures; reductions in reimbursement levels by third-party payors and cost containment efforts sponsored by government agencies, legislative bodies, the private sector and healthcare purchasing organizations, including the volume-based procurement in China; dependence on new product development, technological advances and innovation; shifts in the product category or regional sales mix of our products and services; supply and prices of raw materials, especially of titanium used in our products, and products; control of costs and expenses; the ability to obtain and maintain adequate intellectual property protection; breaches or failures of our information technology systems or products, including by cyberattack, unauthorized access or theft; the ability to form and implement alliances; changes in tax obligations arising from tax reform measures, including European Union rules on state aid, or examinations by tax authorities; product liability, intellectual property and commercial litigation losses; changes in general industry and market conditions, including domestic and international growth rates; changes in general domestic and international economic conditions, including interest rate and currency exchange rate fluctuations; the domestic and international business impact of political, social and economic instability, tariffs, trade embargoes, sanctions, wars, disputes and other conflicts; the effects of inflation, including the effects of different rates of inflation in different countries, on our costs and the costs of our products; the effects of supply chain continuity disruptions; and the impact of the ongoing financial and political uncertainty on countries in EMEA relating to the Russian-Ukrainian crisis and otherwise, on the ability to collect accounts receivable in affected countries. A further list and description of these risks and uncertainties and other factors can be found in our Annual Report on Form 10-K for the year ended December 31, 2021, including in the sections captioned "Cautionary Note Regarding Forward-Looking Statements" and "Item 1A. Risk Factors," and our subsequent filings with the Securities and Exchange Commission (SEC). Copies of these filings are available online at www.sec.gov, www.zimmerbiomet.com or on request from us. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. Forward-looking statements speak only as of the date they are made, and we expressly disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers of this press release are cautioned not to rely on these forward-looking statements since there can be no assurance that these forward-looking statements will prove to be accurate. This cautionary note is applicable to all forward-looking statements contained in this press release.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/08/02/zimmer-biomet-announces-second-quarter-2022-financial-results/ | 2022-08-02T11:56:52Z |
THE HAGUE, Netherlands (AP) — A documentary about discrimination within the ranks of Dutch police has sparked a national conversation in the Netherlands about racism, with many officers and others hoping it will finally bring about change.
“The Blue Family,” or “De Blauwe Familie” in Dutch, discusses a culture of bullying and fear in the national police force. It premiered on Dutch television Monday, timed around the second anniversary this week of the killing of George Floyd at the hands of Minnesota police.
“There is no way back,” Peris Conrad, one of the officers featured in the film, told The Associated Press.
Born in the former Dutch colony Surinam, Conrad dreamed of being a police officer as a child. He moved to the Netherlands when he was 4 years old, and after a stint in the military, became a security guard.
While in that job, he had an encounter with police officers who were looking for information about crime in the Surinamese community. The officers encouraged him to join the force himself, which he did, ultimately spending 26 years in service.
But Conrad, who is Black, recalled how in his first year at the police academy, colleagues hung a picture of him with cell bars drawn on it. The caption read: “Our monkey in a cage.”
Police leaders received an early showing of the film and promised action.
“The personal stories make it painfully clear how great the impact is (of the racism), and how long it will last,” Police Chief Henk van Essen said in a statement. “We all have something to do; not just executives, but all 65,000 colleagues. Because safety outside starts with safety inside.”
“There is no room for racism and discrimination in our police,” Justice Minister Dilan Yesilgöz told Dutch talk show “RTL Boulevard.”
The Dutch parliament voted by a large majority this week to place police leaders under stricter supervision, citing the suicides in recent years of three officers who had complained about discrimination.
Last year, a Dutch newspaper published messages from police group chats that showed officers making racial slurs and joking about killing non-white people. “One less Turk” one officer wrote, in response to the slaying of a 16-year-old girl who was shot and killed by her ex-boyfriend in her high school’s bicycle shed.
As in other countries, the problems in the Netherlands have a long history. A 1998 report by the Ministry of Internal Affairs said discrimination was driving out police officers with a “migration” background – defined as having at least one parent born abroad.
While 24% of the Dutch population meets that definition, only 14% of the police force does. The National Police Corps employs some 65,000 people, and around 40,000 work as officers.
Margot Snijders has spent 30 years on the national force, including a number of years working on diversity and inclusion efforts. After years of frustration, she took a step back from that role.
“People don’t trust us, and they don’t want to work for us,” Snijders, who also appears in “The Blue Family,” told The Associated Press.
George Floyd’s death in the U.S. two years ago prompted protests against racial injustice in the Netherlands and around the world. Controle Alt Delete, an advocacy organization that pushes for better law enforcement practices, wanted to highlight problems within the Dutch police force.
The group brought on board filmmakers Maria Mok and Meral Uslu to direct and produce the documentary, which was backed by Dutch public broadcaster KRO-NCRV.
Problems with racism, as well as discrimination against women and members of the LGBTQ community, are widespread and systemic within police ranks, said Jan Struijs, the chairperson of the country’s largest police union.
Struijs also took part in the film. “I hope this is a historic turning point,” he told the AP.
The first article of the country’s constitution, which is displayed on posters in every police station, outlaws discrimination against any group. The Dutch consider themselves to be some of the most open-minded, tolerant people in the world.
There’s been no significant criticism of the “The Blue Family,” those involved in the documentary welcomed the response to it.
“I have been saying the same things for years, only now do they get a positive reaction,” Snijders said.
The Dutch police union is calling for better mental health counseling for officers and more accountability for ones who make racist jokes.
Conrad sees a need for widespread change, both in policy and leadership.
In the meantime, he’s forbidden his 20-year-old son from joining the force.
“I don’t want him to experience this,” he said. | https://cw33.com/news/international/ap-international/racism-in-the-ranks-dutch-police-film-spurs-conversation/ | 2022-05-27T22:26:10Z |
Insurance Navy is proud to announce that they will be expanding its SR-22 insurance coverage to four states – Georgia, Pennsylvania, Ohio, and Tennessee.
CHICAGO, June 29, 2022 /PRNewswire/ -- SR22 insurance is an essential car insurance product, so much so that some drivers are required to carry an SR-22 in order to drive legally when they have been deemed high-risk by car insurance company standards. This is usually after a series of traffic violations, driving without a license or a major one like a DUI or DWI that resulted in a driver's license being suspended. Drivers are able to get their driver's license reinstated along with their driving privileges, but only if they have the proper insurance coverage. SR-22 insurance, an SR-22 certificate or SR22 Form, is the main component in doing this.
"Providing low-cost car insurance for high-risk drivers has been one of our practices since day one," says Insurance Navy CEO Fadi Sneineh, "It's impossible for drivers with suspended licenses to return to the road without SR-22 insurance, and not every insurance company offers SR-22's. We've become a beacon for drivers in the Chicagoland and Houston areas who need SR-22 certificates to get their suspended driver's license back. We're happy to be extending our SR-22 coverage to Georgia, Pennsylvania, Ohio, and Tennessee."
The most common reason why drivers require SR-22 insurance coverage is driving under the influence violations. While some of these violations can be from accidents, a vast majority are pulled over before any damage is done. In addition to the penalties associated with intoxicated driving like fines and jail time, drivers are held to a new high-risk car insurance standard that only an SR-22 can satisfy.
Of course, an SR-22 isn't a form of car insurance on its own. Rather, it's a certificate that a high-risk driver has financial responsibility for their high-risk car insurance. While insurance rates will be higher than average rates, they can return to normal in time as long as the SR-22 certification is maintained and renewed accordingly.
"SR-22 insurance also requires communication with the states' DMVs. We're also known for acting as reliable liaisons between our policyholders and their Department of Motor Vehicles. We strive to keep car insurance rates affordable after something like a license suspension. Many people need to drive, and that shouldn't be expensive because of one mistake." Sneineh said.
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SOURCE Insurance Navy | https://www.mysuncoast.com/prnewswire/2022/06/29/insurance-navy-expands-sr22-insurance-coverage-four-states/ | 2022-06-29T15:49:30Z |
AMSTERDAM, N.Y. (NEWS10) — Attention ice cream lovers! If you can get your hands on Klondike’s famous Choco Taco right now, consider yourself lucky. The popular frozen dessert has been discontinued. The ice cream can still be found in some local convenience stores, but there’s a very limited amount.
Sno Kone Joe owner Joshua Malatino is sad to tape up the Choco Taco sticker on his ice cream truck. For about 18 years, he’s has been serving the city of Amsterdam all the sweet treats from his ice cream truck, including the famous Original Choco Taco. It was one of his top-selling products.
“It was pretty shocking when I found out about it from my distributor. I was skeptical about it, as a lot of people were,” Malatino said. “I decided to call and email Klondike and they confirmed it. I just shared it on my Snow Kone Joe Facebook page for my local customers, and about 18 hours after that, my phone started blowing up.”
One of the first to share the scoop on social media, he got over 3 million views on his post. And in its response to Malatino, Klondike said it is sad news and was a tough decision. On their website, they said that they cannot fulfill the spike in demand for the frozen treat.
Malatino said that he hopes that all the publicly will help the dessert taco make a comeback. “We’re putting a lot of pressure on Klondike, so hopefully this will work,” he said. “The power is with the people, and maybe we can get this product back.” | https://cw33.com/news/amsterdam-ice-cream-truck-driver-gets-the-scoop-on-choco-taco/ | 2022-07-27T21:46:06Z |
OTCQX: SHWZ
NEO: SHWZ
Record Quarterly Revenue and Adjusted EBITDA
Revenue Increases 44% to $44.3 Million Compared to $30.7 Million in Q2 2021
Adjusted EBITDA of $15 Million, 33.9% of Revenue
Revised Guidance Driven by Short-Term, Challenging Colorado Market Conditions
Q4 2022 Projected Revenue Annualized Run Rate: $175 Million - $200 Million
Q4 2022 Projected Adjusted EBITDA Annualized Run Rate: $60 Million - $72 Million
Conference Call & Webcast Scheduled for Today – 5:00 pm EDT
DENVER, Aug. 11, 2022 /PRNewswire/ - Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), today announced financial results for the second quarter ended June 30, 2022 ("Q2 2022").
Q2 2022 Financial Summary:
- Revenues of $44.3 million increased 44% compared to $30.7 million in second quarter ended June 30, 2021 ("Q2 2021")
- Retail sales were $38.1 million up 77% when compared to Q2 2021
- Gross Margin of $25.2 million was up 69% compared to $14.9 million in Q2 2021, this quarter was affected by $0.2M in purchase accounting
- Net Income was $33.8 million compared to a Net Income of $4.4 million for the same period last year
- Adjusted EBITDA of $15 million was 33.9% of revenue, compared to $10 million for the same period last year
- Colorado two year stacked IDs for Q2 2022 compared to Q2 2021 and Q2 2020 for same store sales(1) were 1.8% and one year IDs(1) were (12.7%) comparing Q2 2022 to Q2 2021
- New Mexico two year stacked IDs for Q2 2022 compared to Q2 2021 and Q2 2020 for same store sales(1) were 41.0% and one year IDs(1) were 30.4% comparing Q2 2022 to Q2 2021
Accomplishments
Since December 2021, Schwazze has closed acquisitions adding 15 cannabis dispensaries, 10 in New Mexico and five in Colorado as well as four cultivation facilities in New Mexico and one in Colorado and one manufacturing asset in New Mexico.
- Closed Acquisition of Urban Health & Wellness Assets
- Listed Common Stock on the NEO Exchange
- Closed Acquisition of Brow 2 LLC Assets
- Closed Acquisition of Emerald Fields
- Added President of New Mexico Division
- Closed New Mexico Acquisition, Becoming a Regionally Focused MSO
- Added to Key Senior Leadership Team
- Closed Acquisition of Drift Assets
Justin Dye, Chairman and CEO of Schwazze stated, "Similar to the rest of the country, the cannabis industry in Colorado is also experiencing a slowdown in growth compared to the last couple of years. Schwazze, however, is demonstrating that our regional strategy, built on a customer first approach, developing significant scale, building brands and leveraging data analytics and technology is not only sound but gaining momentum as demonstrated by revenue and unit sales growth, customer loyalty and by once again outpacing the legacy market growth by approximately 12%. We believe this model will travel well to other states as we find attractive opportunities. Despite share price weakness driven by broader market influences, we remain bullish on our business and have conviction that as Schwazze continues to deliver superior operating results that our shareholders will be rewarded."
Justin continued, "As we look to the future, we expect continued growth in Colorado and New Mexico through both organic and inorganic means. Our operations continue to mature and gain momentum, and we firmly believe that we are winning in our markets. Our team will continue to focus on growing profitably and generating cash flow from operations. When positive federal legislation is passed, Schwazze will be well-positioned as a market leader to take advantage of banking services and institutional investment."
Q2 2022 Revenue
Revenues for the three months ended June 30, 2022, totaled $44.3 million, including (i) retail sales of $38.1 million (ii) wholesale sales of $6.1 million and (iii) other operating revenues of $43,750, compared to revenues of $30.7 million, including (i) retail sales of $21.5 million, (ii) wholesale of $9.2 million, and (iii) other operating revenues of $16,844 during the three months ended June 30, 2021, representing an increase of $13.5 million or 44%. This increase was due to increased sale of our products as well as execution of our growth through acquisition initiatives. In the second quarter of 2022, the Company acquired one additional retail dispensary, which generated additional retail revenue. Additionally, recreational marijuana sales became legal in New Mexico in April 2022, which increased sales volume and revenues in New Mexico. Wholesale revenues in Colorado decreased due to increased cultivation capacity in the state resulting in an over-supply of wholesale cannabis materials.
Cost of goods and services for the three months ended June 30, 2022, totaled $19.1 million compared to cost of services of $15.8 million during the three months ended June 30, 2021, representing an increase of $3.3 million or 21%. The increase in cost of goods is driven by the increase in revenue, however not at the same rate. In the quarter, the Company experienced a reduction in costs driven by vertical integration and third-party price negotiations.
Gross profit increased to $25.2 million for Q2 2022 compared to $14.9 million during the same period in 2021. Gross profit margin increased as a percentage of revenue from 48.5% to 56.8%, and net of purchase accounting, the gross margin increased to 57.4%. This positive result, net of purchase accounting continues to reflect our consolidated purchasing approach, the implementation of our retail playbook, and vertical product sales in New Mexico.
Operating expenses for the three months ended June 30, 2022, totaled $16.1 million, compared to operating expenses of $10.5 million during the three months ended June 30, 2021, representing an increase of $5.6 million or 54%. This increase is due to increased selling, general and administrative expenses, professional service fees, salaries, benefits, and related employment costs driven by growth from acquisitions.
Other income for the three months ended June 30, 2022, totaled $29.2 million compared to $0.2 million during the three months ended June 30, 2021, representing an increase in income of $29 million or 18,435%. The increase in other income is due to the revaluation of the derivative liability related to the Investor Notes, offset by higher interest payments.
The Company generated net income for the three months ended June 30, 2022, of $33.8 million, compared to net income of $4.4 million for the three months ended June 30, 2021.
Adjusted EBITDA for Q2 2022 was $15 million representing 33.9% of revenue, compared to $10 million and 32.6% of revenue for the same period last year. This is derived from Operating Income and adjusting one-time expenses, merger and acquisition and capital raising costs, non-cash related compensation costs, and depreciation and amortization. See the financial table for Adjusted EBITDA below adjustment for details.
For six months ending June 30, 2022, the Company used cash for operations of ($8.0) million compared to generating cash of $1.4 million for the same period in 2021. The Company has cash and cash equivalents of $33.9 million at the end of Q2 2022.
Nancy Huber, CFO for Schwazze commented, "During Q2 we focused on completing integration of our acquisitions and made sure that we used our resources effectively. We are focused on reducing operating and SG&A expenses and judiciously investing growth capital to ensure adequate liquidity and profitability despite difficult market conditions in Colorado, which we believe to be transitory and temporary. Our balance sheet remains strong, and we have ample liquidity. We are focused on delivering positive cash flow net of acquisition costs for the year while driving organic growth and making smart acquisitions."
2022 Guidance
The Company has revised its guidance for a fourth-quarter 2022 (Q4 2022) annualized run rate, which excludes transactions that are announced but not closed. Q4 2022 revenue annualized run rate is projected to be $175 million to $200 million, and the Q4 2022 adjusted EBITDA annualized run rate is projected to be from $60 million to $72 million.
Adjusted EBITDA represents income (loss) from operations, as reported, before tax, adjusted to exclude non-recurring items, other non-cash items, including stock-based compensation expense, depreciation, and amortization, and further adjusted to remove acquisition and capital raise related costs, and other one-time expenses, such as severance, retention, and employee relocation. The Company uses adjusted EBITDA as it believes it better explains the results of its core business. The Company has not reconciled guidance for adjusted EBITDA to the corresponding GAAP financial measure because it cannot provide guidance for the various reconciling items. The Company is unable to provide guidance for these reconciling items because it cannot determine their probable significance, as certain items are outside of its control and cannot be reasonably predicted. Accordingly, a reconciliation to the corresponding GAAP financial measure is not available without unreasonable effort.
Webcast – August 11, 2022 – 5:00 PM EDT
Investors and stakeholders may participate in the conference call by dialing 416 764 8650 or by dialing North American toll free 1-888-664-6383 or listen to the webcast from the Company's website at https://ir.schwazze.com The webcast will be available on the Company's website and on replay until August 18, 2022, and may be accessed by dialing 1-888-390-0541 / # 575833
Following their prepared remarks, Chief Executive Officer, Justin Dye and Chief Financial Officer, Nancy Huber will answer investor questions. Investors may submit questions in advance or during the conference call itself through the weblink: https://app.webinar.net/lwXbZbBZmKN This weblink has been posted to the Company's website and will be archived on the website. All Company SEC filings can also be accessed on the Company website at https://ir.schwazze.com/sec-filings
About Schwazze
Schwazze (OTCQX: SHWZ, NEO: SHWZ) is building a premier vertically integrated regional cannabis company with assets in Colorado and New Mexico and will continue to take its operating system to other states where it can develop a differentiated regional leadership position. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale. The Company is committed to unlocking the full potential of the cannabis plant to improve the human condition. Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. The Company's leadership team has deep expertise in retailing, wholesaling, and building consumer brands at Fortune 500 companies as well as in the cannabis sector. Schwazze is passionate about making a difference in our communities, promoting diversity and inclusion, and doing our part to incorporate climate-conscious practices. Medicine Man Technologies, Inc. was Schwazze's former operating trade name. The corporate entity continues to be named Medicine Man Technologies, Inc. Schwazze derives its name from the pruning technique of a cannabis plant to enhance plant structure and promote healthy growth.
Forward-Looking Statements
Such forward-looking statements may be preceded by the words "plan," "will," "may," "continue," "anticipate," "become," "build," "develop," "expect," "believe," "poised," "project," "approximate," "could," "potential," or similar expressions as they relate to Schwazze. Forward-looking statements include the guidance provided regarding the Company's Q4 2022 performance and annual capital spending. Forward-looking statements are not guarantees of future events or performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control and cannot be predicted or quantified. Consequently, actual events and results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our products and product candidates on a commercial scale on our own or in collaboration with third parties; (ii) difficulties in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; (v) difficulties in securing regulatory approval to market our products and product candidates; (vi) our ability to successfully execute our growth strategy in Colorado and New Mexico and outside the states, (vii) our ability to identify and consummate future acquisitions that meet our criteria, (viii) our ability to successfully integrate acquired businesses and realize synergies therefrom, (ix) the ongoing COVID-19 pandemic, (x) the timing and extent of governmental stimulus programs, (xi) the uncertainty in the application of federal, state and local laws to our business, and any changes in such laws, and (xii) our ability to achieve the target metrics, including our annualized revenue and EBIDTA run rates set out in our Q4 2022 guidance. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's website at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise except as required by law.
MEDICINE MAN TECHNOLOGIES, INC.
CONSOLIDATED BALANCE SHEETS
For the Three Months ended June 30, 2022 and 2021
Expressed in U.S. Dollars
See accompanying notes to the financial statements
MEDICINE MAN TECHNOLOGIES, INC.
CONSOLDIATED STATEMENT OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED)
For the Three Months ended June 30, 2022 and 2021
Expressed in U.S. Dollars
See accompanying notes to the financial statements
MEDICINE MAN TECHNOLOGIES, INC.
STATEMENT OF CASH FLOWS (UNAUDITED)
For the Three Months ended June 30, 2022, and 2021
Expressed in U.S. Dollars
See accompanying notes to the financial statements
MEDICINE MAN TECHNOLOGIES, INC.
Adjusted EBITDA Reconciliation
Non-GAAP measurement
(UNAUDITED)
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SOURCE Schwazze | https://www.mysuncoast.com/prnewswire/2022/08/11/schwazze-announces-second-quarter-results/ | 2022-08-11T22:01:19Z |
CAMILLA — The Mitchell County Sheriff’s office notified residents on its Facebook page of a “kidnapping scam” that has been reported at least twice since Sunday.
According to the sheriff’s post, the scam typically begins with a phone call saying a family member is being held captive. The caller may allege your daughter has been kidnapped, and you’ll hear a female screaming in the background. Another variant of the fraud has a family member being held because he/she caused an auto accident, is injured and won’t be allowed to go to the hospital until damages are paid.
Callers will typically provide the victim with specific instructions to ensure a safe return of the family member. You may be ordered to stay on the line until money is wired. The caller may claim not to have received the money and may demand more payment.
The following is taken directly from a Federal Bureau of Investigation Press Release and explains how to avoid becoming a victim:
♦ Incoming calls come from an outside area code, sometimes from Puerto Rico with area codes (787), (939) and (856).
♦ Calls do not come from the alleged kidnapped victim’s phone.
♦ Callers go to great lengths to keep you on the phone.
♦ Callers prevent you from calling or locating the “kidnapped” victim.
♦ Ransom money is only accepted via wire transfer service.
If you receive a phone call from someone who demands payment of a ransom for a kidnapped victim, the following should be considered:
♦ Try to slow the situation down. Request to speak to the victim directly. Ask, “How do I know my loved one is OK?”
♦ If the callers don’t let you speak to the victim, ask them to describe the victim or describe the vehicle the victim drives, if applicable.
♦ Listen carefully to the voice of the kidnapped victim if he/she speaks.
♦ Attempt to call, text or contact the alleged victim via social media. Request that the victim call back from his or her cellphone.
♦ While staying on the line with the alleged kidnappers, try to call the alleged kidnap victim from another phone.
♦ To buy time, repeat the caller’s request and tell them you are writing down the demand or tell the caller you need additional time to meet their demands.
♦ Don’t directly challenge or argue with the caller. Keep your voice low and steady.
♦ Request the alleged kidnapper allow the victim to call you back from his/her cellphone.
♦ At the earliest opportunity, notify your local polic♦ e department.
To help prevent this scam, check privacy settings on social media accounts and revisit the information you publicize on those accounts. The more information available to the public, the more information scammers can use to convince you into believing a scam is real. | https://www.albanyherald.com/local/mitchell-county-sheriff-warns-of-kidnapping-scam/article_f26d67fa-c633-11ec-af1f-8f2f0e6f13ef.html | 2022-04-28T00:29:35Z |
SHANGHAI, July 6, 2022 /PRNewswire/ -- Choicefom, China's leading CEM management platform provider introduced a brand-new CEM concept to its Total Experience Management platform TX that helps to improve customer experience and clients' business performance. According to forecasts from IDC, QY Research and Touch PointChina's customer experience management (CEM) market is on track to grow to US$1.8 billion in 2022, accounting for 15 per cent of the global market. China is now stepping into a fast track of enterprise growth with the focus on enhancing the customer experience.
With the new concept, Choiceform helps to create business growth for its clients through its absolute advantages in three steps.
1.Launching its strategic concept of the Total Experience Management
In China, many industries are about to enter the stage of slow growth and saturation. For companies, the demand for consumer insights and for experience data is growing rapidly, opening the way to significant development potential for CEM. It may soon become something no company can do without. Consequently, it becomes very important to accurately define CEM. The TX Total Experience concept proposed by Choiceform is a customer-oriented strategic management system that includes brand experience (BX), product experience (PX) and service experience (SX), supplemented by employee experience (EX). The perfect combination of the four metrics demonstrates a complete holistic consumer insights which drives enhanced experience management. Not to be overlooked is that employees will also directly affect how a customer feels about the company and the brand. CX and EX will form a positive cycle of complementary and sustainable development. Choiceform TX was born from the concept that CEM must be comprehensive.
2. Improving customer satisfaction with scalable one-to-one interactions across the customer's whole life cycle
The customer journey is an important vehicle to creating the best customer experience. Choiceform emphasizes the use of Moment of Truth to define the experience strategies, and to merge the scattered operational data with quality experience data scientifically. Across the full life cycle, in addition to solving the problem of data silos and achieving data convergence, it is more important to uncover the painpoints and unmet needs so as to transform and reshape the experience. When optimizing the interactions with customers, Choiceform TX will automatically initiate sustainable and scalable one-to-one interaction campaigns. The automatic advance warning + multi point trigger mechanism creates a one-stop professional and standardized closed-loop management system, to ensure a sustained interaction across the whole life cycle in real time. Based on the development plan for modular applications, Choiceform will expand from a SaaS platform provider to PaaS platform provider starting this year, making it easier for companies to connect with different SaaS applications.
3. TX is not just a tool, but the brain of enterprises developing the date-driven scientific strategic growth decision
Discovery and predictions are the core of insights, while effective decisions based on the conclusions is the ultimate goal. In the future, companies that can minimize the process from data collection to decision making will be better positioned to seize market opportunities. The Choiceform TX platform truly makes data work, discovers and identifies the most valuable information for companies, and empowers them to find the best marketing paths through intelligent and digital technological innovation, transforming every decision into one that is science-based and informed. The value of Choiceform does not only lie in helping companies collect data, but about helping them improve customer satisfaction, retention, and ROI conversion rates. This is the unmistakable difference between CEM and other big data solutions. CEM is no longer a tool to execute processes, but a key factor in driving strategic business decisions.
Data and technologies are the basic elements, but data security in its most comprehensive form is the fundamental protection.
Choiceform's "data security control center" provides security protection for different data levels and covers the whole data life cycle from generation to deletion. Firstly, infrastructures with comprehensive defense capabilities are built to cover the security baseline in the machine room as well as across the network, system and application data, so as to improve the capacity to deal with advanced security threats. Secondly, a resource management infrastructure is built to prevent unauthorized data access and maintain data confidentiality, integrity and availability through data encryption, key management and data shielding, among other techniques. Thirdly, normalized security operation infrastructures are built for compulsory implementation of secure development lifecycles (SDLs), effectively removing security vulnerabilities, as well as for dealing with every kind of security issues in a comprehensive, networked, systematic way through continuous implementation of vulnerability scans, penetration tests, code audits, security scheme design and implementation, security training and establishment of emergency response teams. Choiceform is committed to implementing data security standards in compliance with the strictest regulatory guidance.
Integrating its advanced abilities in providing customer insights with technologies to empower industry development
Choiceform's business has from day one been CEM, with its prowess in technology integration and in providing customer insights setting it apart from the competition. Founded in 2015, Choiceform currently has teams in Shanghai, Beijing, Guangzhou and Wuhan, serving customers in the automobile, real estate and property, finance, fast moving consumer goods (FCMG), computers, communications, consumer electronics and gaming sectors, among others. Core R&D teams account for 65% of the firm's headcount. Choiceform has also assembled an insight team led by senior industry experts, all with more than 20 years' experience, to drive the global data insights practice.
Choiceform Founder and Chief Executive Officer Wester Xi said, "This year is the seventh year since our inception. Choiceform has it in its roadmap to build a world-class product with Chinese characteristics and to continue driving the development and growth of the Chinese CEM market."
About Choiceform
Choiceform is China's leading Total Experience Management platform. It is the new growth engine for customer-centric enterprises. The company is dedicated to integrating multi-source data, discovering and predicting the real needs and preferences of every customer through cloud technologies, while delivering solutions that drive science-based decision-making across organizations.
For more information, please contact:
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SOURCE Choiceform | https://www.wibw.com/prnewswire/2022/07/06/choiceform-drives-growth-company-by-upgrading-cem-concept-total-experience-management-platform-tx/ | 2022-07-06T10:31:32Z |
Expansion of services for health and life sciences companies include corporate brand strategy, scientific counsel and strategic communications
CONSHOHOCKEN, Pa. and ARLINGTON, Va., July 26, 2022 /PRNewswire/ -- Deerfield Agency, one of the fastest growing independent marketing and commercialization partners for life sciences companies, today announced the acquisition of Verge Scientific Communications, a Virginia-based, brand strategy and strategic communications agency dedicated to shaping the stories of emerging and pioneering health and science-driven companies. With the addition of Verge Scientific, Deerfield Agency is expanding its services and ability to support corporate and brand marketing for pre-commercial healthcare clients, along with deepening experience in branding, strategic communication, scientific and medical communications, and storytelling.
"We are thrilled to welcome Verge Scientific as part of Deerfield Agency. The team at Verge have strong scientific and strategic expertise that will allow us to support clients earlier in their brand's lifecycle," said Frank Burrell, Managing Partner, Deerfield Agency. "The expansion of services including corporate brand strategy, corporate communications, scientific counsel and strategic communications are a great complement to our current offerings and will allow us to further serve our clients for both their corporate and product commercialization needs."
Founded in 2016, Verge Scientific has quickly become one of the leading boutique health and science communications agencies in the country serving as a trusted partner to biotech start-ups, early-stage biotech and pharmaceutical companies, health technology firms, consumer science brands and space exploration organizations. With nearly 40 people, Verge Scientific brings a full creative team, PhD scientists and seasoned communications strategists.
Recognized as a top 10 PRovoke Global Agency Fast Mover, Verge Scientific was named PRWeek's 2021 Outstanding Boutique Agency, and a finalist this year for both top Small Agency and Boutique Agency by PRWeek and PRovoke, respectively.
"It's been an incredible time for both Verge Scientific and Deerfield and we are excited to join forces. Combining with Deerfield will deepen our creative, digital and media services while allowing us to support innovator companies seamlessly as their products advance to commercialization and beyond," said Lissette Steele, Founder and Managing Partner, Verge Scientific Communications. "What's more is that both companies share in our commitment to our people and are aligned on the opportunity to focus on the growth and development of our teams and provide a path toward rewarding and fulfilling careers."
Lissette Steele and Amanda Sellers, partners and owners of Verge Scientific, will continue to lead day-to-day operations, and Verge Scientific will operate as an independent, sister company to Deerfield Agency. Both Ms. Steele and Ms. Sellers will also join the senior leadership team and become shareholders in the combined organization of Deerfield Pharma Services Holdings, LLC. Deerfield is a portfolio company of The Edgewater Funds, a Chicago-based private equity firm with over $2.8 billion of capital commitments raised since 2001.
Deerfield is a full-service agency that specializes in healthcare marketing and is founded on the principle of providing extraordinary work at an exceptional value. Deerfield has redefined the agency experience to become a true extension of your team and keep your brand at the forefront of our compelling strategy, creative, media, print, and digital innovation. Comprised of industry leaders and experts who are well versed in every stage of a brand's life cycle, our team is ready to provide you with a personalized agency experience that will meet the unique goals and objectives of your business. Deerfield has been recognized in the MM&M Top 100 Agencies for the last two consecutive years and is currently ranked 57th on the prestigious list. Since 2017, Deerfield has earned the designation as a Certified Great Place To Work® - speaking to the Company's strong culture and rewarding workplace. For more information, please visit DeerfieldAgency.com.
Verge is a strategic communications firm shaping the stories of pioneering companies and brands. Verge partners with innovator companies pushing the bounds of science, inventing new products, and advancing technologies that change the way we live. With a proven approach built on the science of storytelling, we bring clarity to the chaos, establish credibility for new ideas and build meaningful connections to strengthen a company's value story. To learn more about Verge Scientific, please visit VergeScientific.com.
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SOURCE Verge Scientific Communications | https://www.kxii.com/prnewswire/2022/07/26/deerfield-agency-acquires-verge-scientific-communications/ | 2022-07-26T12:18:19Z |
THE HIGHLY COVETED ORIGINAL RECORDING FROM THE ICONIC ROXY CONCERT ON MAY 3, 1991, IN LOS ANGELES, IS NOW AVAILABLE FIRST TIME DIGITALLY AND AS DOUBLE LP/CD
FEATURING THE FAN FAVOURITE KILLER WHALE TANK VERSION OF "NEW ORLEANS IS SINKING"
"Live at the Roxy falls into that sweet spot in a band's arc when they're still hungry, but their live act is airtight from countless hours spent scratching and clawing in half-empty dives. By the time The Tragically Hip ever reached the U.S. interior, they had criss-crossed the breadth of Canada in a van during winter—a sign of their commitment. Their sense of mission is palpable on Live at the Roxy." – Paste Magazine
TORONTO, June 24, 2022 /PRNewswire/ -- Today, The Tragically Hip released Live At The Roxy worldwide as a standalone live album through Universal Music Canada/UMe. Prior to its inclusion on the Road Apples 30th Anniversary Deluxe package last year, the 15-song concert had not been publicly available and was a sought-after show for the bootleggers and diehard fans. Now, this legendary recording is available digitally for the first time and as a standalone 2 LP vinyl album and a single CD. The album features the previously released live version of "She Didn't Know" and "Cordelia," as well as the fan-favorite Killer Whale version of "New Orleans Is Sinking." Stream/buy the Live At The Roxy HERE.
Originally recorded on May 3, 1991, at the iconic Los Angeles venue for a Westwood One radio show, only 40 minutes of the set was broadcasted on air at the time, making the full recording that much more in demand. Don Smith, producer on Up To Here and Road Apples, mixed and recorded the Roxy concert in full outside of the venue from a mobile studio. This renowned concert saw the band at peak performance and is considered one of the best live shows from any rock band of the era. Reminiscing on the night and what made this show particularly special for the band, bassist Gord Sinclair recalls:
"I remember the Roxy show like it was yesterday. We had spent a year on the road before recording Road Apples and got right back in the saddle when we finished. The new tunes worked great live, and by the time we got to LA, we were firing on all pistons."
Live At The Roxy is the second standalone live record for the band, and it's been 25 years since their first, Live Between Us, released in 1997. With all tracks completely remastered in 2021 by Ted Jensen at Sterling Sound in Nashville, the album features the fan-favorite "Killer Whale Tank" version of "New Orleans Is Sinking." The nine-minute track is characterized by a mid-song story from the late frontman Gord Downie about a job cleaning an aquarium and inadvertently causing friction between the two whales held in the tank; fact or fiction, fans listen in wonderment. The captivating adlibbing throughout the entirety of the record creates the experience for the listener, and as Sinclair describes:
"a great show is something you just have to experience to understand. The magic stays with you. Listening back 30 years later and I'm transported to that hot, sweaty, and very special night. The band was tight and unstoppable. Great crowd, great venue. Together we took things to another level."
The Tragically Hip fans brought this release to fruition after countless requests for the deep-cut versions of some of the band's most celebrated songs. Live At The Roxy offers a timeless experience of this sensational night as never before released. The striking album artwork is sequential to the Road Apples 30th Anniversary Deluxe art, sure to be a favorite of any collection.
Live At The Roxy, Los Angeles May 3rd, 1991 Tracklisting:
Tracklisting: CD/Digital
- Little Bones
- She Didn't Know
- Twist My Arm
- Highway Girl
- Cordelia
- Trickle Down
- The Luxury
- Three Pistols
- Fight
- I Believe in You (Or I'll Be Leaving You Tonight)
- New Orleans is Sinking
- On The Verge
- Long Time Running
- Blow At High Dough
- All Canadian Surf Club
Tracklisting Vinyl
Side 1
Little Bones
She Didn't Know
Twist My Arm
Highway Girl
Side 2
Cordelia
Trickle Down
The Luxury
Three Pistols
Fight
Side 3
I'll Believe in You (Or I'll Be Leaving You Tonight)
New Orleans is Sinking
On The Verge
Side 4
Long Time Running
Blow At High Dough
All Canadian Surf Club
About The Tragically Hip
Critically acclaimed for more than three decades, The Tragically Hip has been at the heart of the Canadian musical zeitgeist, evoking a strong emotional connection between their music and their fans that remains unrivaled. A five-piece group of friends, including Rob Baker (guitar), Gord Downie (vocals, guitar), Johnny Fay (drums), Paul Langlois (guitar), and Gord Sinclair (bass), who grew up in Kingston, Ontario, The Tragically Hip have achieved both mass popularity with more than 10 million albums in Canada and over 1.5 million sold in the U.S, as well as peer recognition through 15 Juno Awards – picking up the distinguished Humanitarian Award in 2021 which recognizes Canadian artists or industry leaders whose humanitarian contributions have positively enhanced the social fabric of Canada and beyond. Their studio catalog includes their self-titled debut album The Tragically Hip (1987), Up To Here (1989), Road Apples (1991), Fully Completely (1992), Day For Night (1994), Trouble At The Henhouse (1996), Phantom Power (1998), Music @ Work (2000), In Violet Light (2002), In Between Evolution (2004), World Container (2006), We Are The Same (2009), Now For Plan A (2012), Man Machine Poem (2016) and Saskadelphia (2021). A National Celebration was the final show of The Tragically Hip's Man Machine Poem Tour recorded on August 20th, 2016, at the K-Rock Centre in their hometown of Kingston, Ontario, and is their last performance as a five-piece band. Throughout their career, the band became a cultural touchstone in Canada, and despite their accolades and numerous recognitions, they will always be proudest of the humanitarian work they have done over the years through numerous charitable organizations and causes.
Follow The Tragically Hip:
Website | Facebook | Instagram | Twitter | Tik Tok
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SOURCE Universal Music Canada/UMe | https://www.mysuncoast.com/prnewswire/2022/06/24/tragically-hip-release-their-first-standalone-live-album-25-years-live-roxy-today/ | 2022-06-24T14:55:18Z |
EVANSTON, Ill., July 22, 2022 /PRNewswire/ -- 160 Driving Academy's newest location in Charleston, West Virginia hosted a Ribbon Cutting Ceremony to celebrate the Grand Opening of the Academy.
Speaking of the event and the expansion into this new region, Steve Gold, CEO of 160 Driving Academy remarked, "There are many exciting things happening in Charleston – opening our school here has been a wonderful endeavor since day one. This region is a great fit for us and we will be opening two additional locations in Ceredo-Kenova and Mineral Wells within the next month. Given the high paying transportation industry jobs throughout the state, we are thrilled to bring our recruiting, training and job placement model to West Virginia residents at all three 160 Driving Academy locations."
The Ribbon Cutting Event for the Charleston Location occurred on Friday, July 15th from 3:00 p.m. to 4:30 p.m. Attendees included the 160 Driving Academy Ohio River Valley Leadership team, the Charleston Chamber of Commerce, several media outlets, local partners and many enthusiastic students and recent graduates of the Academy.
The Charleston Branch is located at 1615 Kanawha Blvd W. Charleston, West Virginia 25387.
Overview of 160 Driving Academy CDL Training Programs in Charleston:
- Starting salaries for 160 Driving Academy graduates (on average) start at $65,000/annual, with tremendous growth potential
- Commercial Truck Driving is one of today's fastest growing career paths. Estimates predict 300,000 new jobs for CDL Holders.
- Technologically Driven: Our unique and data-driven programs focus deeply on driver safety and personalized analytics to provide our students with individual feedback and top of the line instruction via our proprietary App.
- Lifelong Career Support: We offer continuous job placement opportunities through our subsidiary company, Truckers Network.
160 Driving Academy is the nation's largest commercial driving school. As the fastest growing vocational school in the country, in 2022 alone, the Company will train over 35,000 students on how to safely operate a semi-truck across its 130-school system. 160 Driving Academy is licensed and operates in 43 states and each school is certified and licensed by the Federal Motor Carrier Safety Administration's Entry Level Driver Training Program. The 160 Driving Academy is integrated with over 400 Workforce offices nationwide to create jobs for unemployed and underemployed workers.
The 160 Driving Academy supplies the largest employers in the nation with an unparalleled level of recruiting, high-quality training, safety effectiveness, and driver analytics. Many of these employers have trusted the Company to provide the majority of their driving workforce.
160 Driving Academy's sister companies, the 160 Truckers Network, and the 160 Driver Score provide the most advanced job placement and compliance scoring capabilities in the industry.
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SOURCE 160 Driving Academy | https://www.mysuncoast.com/prnewswire/2022/07/22/160-driving-academy-launches-new-location-charleston-wv/ | 2022-07-22T19:01:46Z |
RACINE, Wis., May 11, 2022 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, announced today that it will host a conference call and webcast to discuss its fourth quarter financial results for the period ended March 31, 2022 on Thursday, May 26, 2022 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). Results are scheduled to be released after the market closes on Wednesday, May 25, 2022.
During the call, Modine President and Chief Executive Officer, Neil D. Brinker, and Executive Vice President and Chief Financial Officer, Michael B. (Mick) Lucareli, will review the company's fourth quarter financial results.
To access the live webcast, including presentation slides, please log on through the investor section of Modine's website at http://www.modine.com at least 10 minutes prior to the start of the event. A replay of the slides and the audio will be available on or after May 26, 2022 on the investor section of Modine's website at http://www.modine.com. An audio only replay will be available through midnight on May 31, 2022 by dialing 800-770-2030 (international replay 647-362-9199) and entering the Conference ID# 79220. A transcript of the call will be posted to the company's website on or after May 31, 2022.
About Modine
Modine, with fiscal 2021 revenues of $1.8 billion, specializes in thermal management systems and components, bringing highly engineered heating and cooling components, original equipment products, and systems to diversified global markets through its four complementary segments: Commercial and Industrial Solutions; Building HVAC; Heavy Duty Equipment; and Automotive. Modine is a global company headquartered in Racine, Wisconsin (USA), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.
Contact: Kathleen Powers (262) 636-1687 kathleen.t.powers@modine.com
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SOURCE Modine Manufacturing Company | https://www.mysuncoast.com/prnewswire/2022/05/11/modine-host-fourth-quarter-fiscal-2022-earnings-conference-call-may-26-2022/ | 2022-05-11T23:08:20Z |
Kendrick Lamar has released the artwork for his highly anticipated album, "Mr. Morale and the Big Steppers," which is scheduled for release Friday.
Lamar shared a photo of himself wearing a crown of thorns, holding a young child. A woman who appears to be his fiancée Whitney Alford is also seen in the image, holding an infant.
"Mr. Morale & The Big Steppers. Shot by @renellaice," Lamar captioned the picture on Instagram. He did not confirm if the image was of his family.
Last month, Lamar teased the new album on social media, posting a document posted to his "oklama" website, revealing that it would be released on Friday.
His fifth album will be his final release on Top Dawg Entertainment.
Lamar recently released his first new single in five years, "The Heart Part 5," along with a video of himself using technology to alter his appearance to look like OJ Simpson, Will Smith, Jussie Smollett, Kanye West, Kobe Bryant and Nipsey Hussle.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/kendrick-lamar-reveals-new-album-cover/article_db550196-cfc7-57af-b400-ba991ec39243.html | 2022-05-12T16:13:30Z |
Independence Day Vacationers Find Pump Price Relief With Shorter Distances, Carpools and American-Made Fuel Efficient Vehicles
CHICAGO, June 28, 2022 /PRNewswire/ -- A new survey by the car-shopping marketplace Cars.com™ (NYSE: CARS) reveals that while 88% of American travelers plan to drive to their holiday destinations over Independence Day weekend, more than three-fourths say record-high gas prices have impacted plans, with many opting to stay closer to home or bring friends along to help chip in at the pump¹.
Distance is the predominant sacrifice. More than half of those surveyed say they'll be driving a shorter distance due to fuel costs¹, and while 62% of 2021 respondents said their goal was to get "as far from the house as possible" last Fourth of July², this year, 68% of road trippers will stay within 50 miles of home¹.
Continuing a Memorial Day travel trend, 45% of Fourth of July travelers will bring company along to offset the cost of gas, and the number surpasses 50% for those between 18-34 and those with a household income below $50,000¹.
"Road tripping for the Fourth of July is an American tradition, and understandably, gas prices are at the forefront of any road tripper's mind right now. Pent-up demand for travel is pushing vacationers to get creative with their road-trip strategies to curb costs rather than forgo their adventures completely," said Jenni Newman, Cars.com editor-in-chief. "Every little bit helps, but one of the biggest factors is fuel efficiency, and fortunately, there are a variety of vehicle options on the market for all lifestyles that will help maximize mpg, including many that are made right here in the USA."
Cars.com recently released its 2022 American-Made Index (AMI), which features 95 cars that contribute most to the U.S. economy based on criteria ranging from U.S. factory jobs and manufacturing plants to parts sourcing. The index gives shoppers information to purchase the most American-made vehicles and direct their economic impact closer to home.
The Top 10 Most Fuel-Efficient Vehicles Appearing in This Year's Cars.com American-Made Index Include³:
To view the complete American Made Index, visit Cars.com/AMI, and to learn more about the recent Independence Day travel survey, great deals and other car-buying tips and tricks, please visit Cars.com/News.
¹Cars.com consumer survey, fielded June 14-17, 2022; 1,670 responses
²Cars.com survey conducted June 24-25, 2021; 1,013 responses
³Top 10 Cars.com American-Made Index vehicles with best mpg based on the trim/equipment for each model using data from the EPA
ABOUT CARS.COM
CARS is the leading automotive marketplace platform that provides a robust set of digital solutions that connect car shoppers with sellers. Launched in 1998 with the flagship marketplace Cars.com and headquartered in Chicago, the Company empowers shoppers with the data, resources and digital tools needed to make informed buying decisions and seamlessly connect with automotive retailers. In a rapidly changing market, CARS enables dealerships and OEMs with innovative technical solutions and data-driven intelligence to better reach and influence ready-to-buy shoppers, increase inventory turn and gain market share.
In addition to Cars.com, CARS brands include Dealer Inspire, a technology provider building solutions that future-proof dealerships with more efficient operations and connected digital experiences; FUEL, which gives dealers and OEMs the opportunity to harness the untapped power of digital video by leveraging Cars.com's pure audience of in-market car shoppers; DealerRater, a leading car dealer review and reputation management platform; automotive fintech platform CreditIQ and Accu-Trade a vehicle valuation and appraisal technology.
The full suite of CARS properties includes Cars.com™, Dealer Inspire®, FUEL™, DealerRater®, CreditIQ™, Accu-Trade.com™, Auto.com™, PickupTrucks.com™ and NewCars.com®. For more information, visit www.Cars.com.
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SOURCE Cars.com Inc. | https://www.wibw.com/prnewswire/2022/06/28/carscom-88-holiday-travelers-remain-committed-their-july-fourth-road-trip-despite-high-fuel-costs/ | 2022-06-28T11:15:54Z |
Lawmakers, groups react to Value Them Both Amendment result
TOPEKA, Kan. (WIBW) - Kansas voters protected the right to get an abortion by voting “no” on a proposed amendment to the state’s constitution on Tuesday.
Many lawmakers on both sides of the aisle weighed in on Tuesday’s election results.
Kansas Governor Laura Kelly said “I’ve always maintained that a woman’s reproductive healthcare decisions should be between her and her physician. I’m proud to say that Kansans stood up for our fundamental rights today. We rejected divisive legislation that jeopardized our economic future and put women’s health care at risk.”
Kansas Senator Roger Marshall released the following statement: “Words could never express the sadness and emotion myself and many Kansans are feeling after the Value Them Both amendment was not adopted. This is an enormous blow to efforts to protect the sanctity of life in Kansas. Too many times I’ve seen sadness and hurt, without an explanation why — this is one of those moments. While I don’t have an answer, I do know that God works all things for good for those who trust him. I want to thank everybody in the pro-life community who worked so hard to get this amendment passed. Tonight, we must still go to bed with faith and hope, for tomorrow we must be as dedicated to the sanctity of life, and to the fight to protect the lives of moms and unborn babies. Each of us will have to pray and look in our hearts to see what’s next. However, we must not rest as there is much work to be done to support moms who are contemplating abortion, and decide instead for life. Let us all reach out and give them all the help and hope we can. As an OBGYN who delivered more than 5,000 babies and fought each day of my more than 25 year career to protect moms and babies, I remain as dedicated as ever to doing everything in my power as a U.S. Senator to protect life at all costs.”
The Value Them Both Coalition also released a statement on Tuesday’s election results: “Over the last six months, Kansans endured an onslaught of misinformation from radical left organizations that spent millions of out-of-state dollars to spread lies about the Value Them Both Amendment. Sadly, the mainstream media propelled the left’s false narrative, contributing to the confusion that misled Kansans about the amendment. While the outcome is not what we hoped, our movement and campaign have proven our resolve and commitment. We will not abandon women and babies.”
Kansans for Constitutional Freedom released the following statement on its Twitter page: “It’s official: We blocked the dangerous anti-abortion constitutional amendment! This is truly a historic day for Kansas and for America. Freedom has prevailed. The constitutional rights of Kansas women have been protected. Thank you to everyone who took part in this movement.”
The Democratic Legislative Campaign Committee said “Kansas voters overwhelmingly rejected a proposed amendment to their state constitution that would have explicitly removed abortion rights protections. In a stunning blow to the GOP extremist agenda, Kansans turned out in force to reject the measure that would have laid the groundwork for state Republicans to pass a total abortion ban. This victory for reproductive rights came despite shady Republicans tactics, including purposely sending confusing voter communications and putting the vote on the primary ballot. The measure even failed in traditionally Republican areas. Across the political spectrum, Americans do not want politicians restricting reproductive rights and are willing to mobilize in force to protect them.”
A spokeswoman for Susan B. Anthony Pro-Life America issued the following statement regarding the results from the Value Them Both amendment: “Tonight’s loss is a huge disappointment for pro-life Kansans and Americans nationwide. The abortion lobby’s message to voters was rife with lies that ultimately drowned out the truth. Because of tonight’s results, Kansas could shortly become home to unrestricted abortion on demand – even late-term abortion without limits, paid for by taxpayers. The people and their elected legislators now have no recourse to use the tools of democracy to enact laws that reflect consensus. The stakes for the pro-life movement in the upcoming midterm elections could not be higher, and there will be many more factors in play. It is critical that pro-life candidates go on offense to expose the extremism of Democrats’ policy goals for nationalized abortion on demand paid for by taxpayers. The pro-life movement’s call to politics and policy did not end with the Dobbs decision, rather, because of that victory we must work exponentially harder to achieve and maintain protections for unborn children and their mothers. We thank the leadership of the Value Them Both coalition and our longtime Kansas allies for their efforts here and will continue to work alongside them to protect life.”
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/03/lawmakers-groups-react-value-them-both-amendment-result/ | 2022-08-03T04:28:20Z |
Weiss, Who Brings More Than 30 Years of PR Experience, Will Oversee the Agency's Corporate Practice.
NEW YORK, May 19, 2022 /PRNewswire/ -- Rubenstein Public Relations (RPR) announced that Steven Weiss has joined the agency as Executive Vice President and Group Head of Corporate Communications.
Weiss has more than three decades of experience and has held senior leadership roles at major for-profit and not-for-profit health systems across the country.
"Steven's talents add tremendous value to the breadth and scope of our organization," said Richard Rubenstein, President of RPR. "I am of the opinion that his depth of industry experience and leadership will help our firm's scalability and growth."
In his position as EVP and Corporate Group Head, Weiss is responsible for overseeing the firm's corporate group, providing strategic oversight to the agency's B2B, finance, technology, and healthcare clients, as well as developing and guiding the overall agency business strategy and performance, employee retention, and talent acquisition and operations. This entails leading the refinement of existing and developing new client offerings and serving as a member of the senior leadership of the firm.
Prior to joining RPR, Weiss served as Vice President of MWW PR Group, where he oversaw public relations and marketing for clients across the healthcare, technology, energy, and transportation industries regarding digital and social media marketing, public affairs, government relations, crisis management, and visual branding.
Weiss graduated from Syracuse University with a Bachelor of Science Degree in Speech Communication with a public relations specialization and a master's degree in Strategic Public Relations from The George Washington University.
"To be a part of a well-respected and global brand like RPR is both an honor and an opportunity to work with the finest practitioners in the PR field," he said.
About Rubenstein Public Relations
Rubenstein Public Relations (RPR) is a leading full-service agency based in New York that produces high-profile communications campaigns through branding and messaging, media relations, creative and business development services. Our comprehensive strategy, savvy media expertise and proactive approach shapes and markets a brand's core attributes to generate meaningful results for clients. We represent some of the world's most prominent names in the real estate, business, luxury lifestyle, entertainment, technology, healthcare and non-profit sectors. (www.rubensteinpr.com)
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SOURCE Rubenstein PR | https://www.kxii.com/prnewswire/2022/05/19/rubenstein-public-relations-appoints-steven-weiss-new-executive-vice-president/ | 2022-05-19T21:49:23Z |
SAN RAMON, Calif. (AP) — Apple on Thursday reported strong quarterly results despite supply shortages, but warned that its growth slowdown is likely to deepen. The company said it’s still struggling to get enough chips to meet demand and contending with COVID-related shutdowns at factories in China that make iPhones and other products.
Although initial results for the January-March period topped analysts’ projections, the good news was quickly eclipsed when management warned of trouble ahead during a conference call.
The main takeaway: Apple’s sales will be squeezed by the supply problems much harder in the current April-June quarter than in its previous one. The company estimated it would take a hit to revenue of $4 billion to $8 billion as a result.
“It will affect most of the product categories,” Apple CEO Tim Cook told analysts.
Apple’s stock price fell 4% in extended trading, reversing a positive response after the Apple report initially came out. Before the sobering forecast lowered the shares even further, Apple’s stock had fallen 10% from its peak in early January.
“It was a solid quarter, but it looks like COVID has reared its ugly head,” said Edward Jones analyst Logan Purk. “It looks like it’s two steps forward, one step back.”
Like a wide gamut of companies ranging from automakers to health care providers, Apple has been grappling with shortages of computer chips and other key technology components required in modern products.
Apple had expected the crunch to ease as this year progressed, but recent COVIDs outbreaks are starting to curtail production in Chinese factories that the company relies on.
Despite those headwinds, the results for the January-March period drew a picture of a still-expanding empire generating massive profits that have yielded the firm a $2.7 trillion market value — the largest among U.S. companies.
Apple announced a 5% increase in its quarterly dividend, which has been steadily rising since the company revived the payment a decade ago. Effective May 12, Apple’s new quarterly dividend will stand at 23 cents per share — more than doubling from 10 years ago.
Even without that supply issues, Apple would still be facing some of the same challenges confronting many other major technology companies. After enjoying a pandemic-driven boom, it’s becoming tougher to deliver the same levels of spectacular growth that drove tech-company stock prices to record highs. The crisis continues to fade away and growth on a year-to-year basis has become harder to maintain.
Apple’s most recent quarter illustrated the high hurdles the Cupertino, California, company is now trying to clear. Revenue for the period totaled $97.3 billion, yet it was only 9% higher than the same time last year. It marked the first time in the past six quarters that Apple hasn’t produced double-digit gains in year-over-year revenue. That number, however, exceeded the average revenue estimate of $94 billion among analysts surveyed by FactSet Research, indicating that Apple’s growth slowdown hasn’t been quite as severe as investors were anticipating.
Quarterly profit came in at $25 billion, or $1.52 per share, a 6% increase from the same time last year. Analysts had predicted earnings per share of $1.42.
As usual, the iPhone remains Apple’s marquee product with sales of $50.6 billion in the past quarter — a 5% uptick from the same time last year. Apple has been trying to keep its iPhones sales growing while chips remain in short supply by siphoning some components from the iPad, which saw its sales fall 2% from last year to $7.6 billion. | https://cw33.com/technology/ap-technology/apples-revenue-profit-top-analyst-views-in-latest-quarter/ | 2022-04-29T07:17:34Z |
Zambezi Zinger roller coaster returning to Worlds of Fun amusement park
KANSAS CITY, Mo. (KCTV/Gray News) - A popular Worlds of Fun roller coaster is returning after it was discontinued over 20 years ago.
KCTV reports the theme park announced Thursday that a reimagined Zambezi Zinger will open to the public in 2023.
The ride had been one of the original roller coasters at Worlds of Fun when the park opened in 1973.
Park representatives said the ride would have side-by-side seating instead of the original toboggan-style seating. It will also be built on a new Titan Track, which sits on top of a galvanized steel and wood hybrid frame.
The ride will also reach 74 feet high, compared to the original design of 57 feet.
Worlds of Fun said it would host a “season-long celebration of fun, memories and adventure” to mark the park’s 50th anniversary.
A park spokesperson said the reimagined ride will feature the following:
- Length: 2,428 feet
- Speed: 45 mph
- Duration: 2 minutes
- Track Style: Hybrid Titan Track
- Trains: New Infinity Flyer Trains, capable of taking on the most extreme coaster elements
- Number of Trains: 2
- Riders/Train: 16
Copyright 2022 KCTV via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/11/zambezi-zinger-roller-coaster-returning-worlds-fun-amusement-park/ | 2022-08-11T21:55:24Z |
C-suite hire bolsters Prezzee's global expansion plans
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- International digital gifting company Prezzee announced today that Eric Lent has joined Prezzee as Chief Marketing Officer. This follows the appointment of ex-Mastercard executive Jamie Samaha as Global CEO in March this year.
Lent is the first c-suite hire of many under Samaha's leadership, and it comes as the business works to meet a boom in global demand from brands wanting to drive deeper engagement with consumers. He joins at a crucial time as Prezzee looks to further increase its global footprint.
Lent, based in the U.S., has decades of experience building global brands and driving international growth at the likes of Intercontinental Hotels Group and The Hershey Company. He brings with him an international perspective as the business cements its status as the world's leading digital gifting platform. As CMO, he will lead the brand's global vision of igniting human connection through remarkable digital gifting moments by driving growth in both Prezzee's consumer and business-focused offerings.
Prezzee's Global CEO Jamie Samaha says: "Prezzee is revolutionizing the way consumers and employers can reward, recognize and celebrate in an instant, and as we look to grow our footprint following the initial expansion into North America, the UK and New Zealand, Eric will play a vital role in telling our story on an international stage. I am delighted that Eric will be on board to cement Prezzee as the number one digital gifting platform on the planet."
Commenting on his appointment, Prezzee CMO Eric Lent says: "I have always been a firm believer that the combination of technology and emotion can be harnessed to deepen, strengthen and create truly meaningful human connections, and that is what the Prezzee brand is all about. Prezzee is dedicated to strengthening how people connect in work and in life, and I couldn't turn down the opportunity to bring a new digital gifting experience to consumers and businesses all over the world."
Prezzee is a global digital gifting business that prides itself on creating remarkable gifting moments for consumers, businesses and 800+ brand partners across the world. Founded in 2014, Prezzee has evolved from a two-person Australian start-up to a global business with a 300+ member team and operations in North America, United Kingdom, Australia and New Zealand.
Website: www.prezzee.com
LinkedIn: @Prezzee
Facebook: @Prezzee
For further information, please contact Anna Jaycocks at anna.jaycocks@prezzee.com.
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SOURCE Prezzee | https://www.mysuncoast.com/prnewswire/2022/08/09/eric-lent-appointed-chief-marketing-officer-prezzee/ | 2022-08-09T16:43:50Z |
(NEXSTAR) — Pop star Britney Spears announced Saturday that she’s miscarried just over a month after announcing her pregnancy with boyfriend Sam Asghari.
In an Instagram post, Spears, 40, writes:
“It is with our deepest sadness we have to announce that we have lost our miracle baby early in the pregnancy. This is a devastating time for any parent. Perhaps we should have waited to announce until we were further along, however, we were overly excited to share the good news. Our love for each other is our strength. We will continue trying to expand our beautiful family. We are grateful for all of your support. We kindly ask for privacy during this difficult moment.”
Britney Spears and Sam Asghari
Spears’ pregnancy came just months after her nearly 14 year-long conservatorship by her father, Jamie Spears, had ended. During hearings to request the end of the much-criticized conservatorship, Spears expressed wanting to have a baby with Asghari but claimed she was prevented from doing so after an IUD was implanted against her will.
The singer has two sons with ex-husband Kevin Federline, 15 year-old Jayden and 16 year-old Sean.
Spears previously explained that she suffered perinatal depression during and/or after her previous pregnancies.
“I have to say it is absolutely horrible,” Spears said in April. “Women didn’t talk about it back then … some people considered it dangerous if a woman complained like that with a baby inside her … but now women talk about it everyday … thank Jesus we don’t have to keep that pain a reserved proper secret.” | https://cw33.com/news/national/nexstar-media-wire/britney-spears-announces-miscarriage/ | 2022-05-15T00:54:36Z |
Named a Visionary in 2022 Gartner® Magic Quadrant™ for Digital Commerce.
VTEX Adds and Expands US and Global Customers, Hosts 230+ Successful Live Shopping Events in Q2
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- VTEX (NYSE: VTEX), the global digital commerce platform for premier brands and retailers, has been named a Visionary in the 2022 Gartner Magic Quadrant for Digital Commerce,1 a report that evaluates digital commerce vendors across a range of key metrics to offer insights into both their completeness of vision and ability to execute.
Alongside this industry recognition, VTEX continues to see robust customer momentum globally. With a complete commerce, marketplace and order management system (OMS) coupled with a strong partner ecosystem, the platform offers merchants across industries and regions unmatched time to revenue by delivering flexibility without unnecessary complexity. In the last few months, VTEX has added new customers and expanded partnerships with AB InBev, Whirlpool, Yamaha and Briggs & Straton.
"We believe it is an honor to be recognized by Gartner as a Visionary in Digital Commerce," said Mariano Gomide de Faria, founder and co-CEO of VTEX. "We are proud to see our platform and go-to-market strategy gaining momentum worldwide. Digital commerce is the piece of the puzzle that merchants change consistently, but through our commerce expertise and our platform's composability, we can help merchants build a strong backbone for their digital commerce strategies."
Vision and Stability in the Evolving Commerce Industry
Since 2020, the meaning and execution of successful commerce strategies have changed for enterprise brands and retailers, becoming a centerpiece of their business. Omnichannel has shifted from a "nice-to-have" to a critical tool to engage with consumers in a consistent and relevant way. Today, brands and retailers are evolving on the integration of not only physical, desktop and mobile online channels but also interactive, social and conversational commerce channels.
VTEX has succeeded by taking on the complexity of building a proper omnichannel strategy, helping customers to connect separate pieces into one powerful ecosystem. "VTEX is also recognized in the 2022 Gartner Critical Capabilities for Digital Commerce2 report published on August 15th. We ranked in the top three out of 14 vendors assessed for the B2C Digital Commerce Use Case analysis," said Gomide de Faria.
Additionally, as shown in the 2022 Gartner Peer Insights™ 'Voice of the Customer': Digital Commerce3 report earlier this year, 96% of VTEX users cite their willingness to recommend VTEX as of January 2022.
Continued Customer Momentum
VTEX is also seeing customer growth and product adoption in the US and globally, including new customers and existing customer expansion. For example:
- The VTEX Live Shopping app, which allows, among other things, merchants to explore the growing trend of turning salespeople into concierges, saw an increase in the number of events globally with more than 230 successful sessions in Q2. By using VTEX Live Shopping app, Samsung was able to sell more than $1 million USD in GMV and engage nearly 12 thousand viewers in a 54-minute long live event in Mexico for the launch of its Galaxy S22 5G.
- In the US, Briggs & Stratton chose VTEX for B2B projects across three different business units leveraging VTEX's native multi-site, multi-language and multi-currency capabilities. With a single account and in a single digital commerce platform, VTEX helped Briggs & Stratton eliminate two legacy commerce platforms, improving maintainability and reducing the total cost of ownership.
- Spanish marketplace Embargosalobestia needed robust omnichannel capabilities to help unify their multiple sales channels. With VTEX, they improved their checkout, conversion rates and other key commerce performance metrics while also building a true omnichannel strategy that integrates their physical stores and other sales channels.
"Digital Commerce is about composability. We are building the infrastructure that allows brands and retailers to connect their entire commerce ecosystem," added Gomide de Faria. "Whether it's helping companies uncover new revenue streams through new sales channels like conversational commerce or live shopping, or enabling merchants to streamline their operation by extending and integrating our platform to multiple systems — we deliver the solutions our customers need to future-proof their business, stay ahead of the commerce landscape and succeed in increasingly competitive industries."
For a complimentary copy of Gartner Magic Quadrant for Digital Commerce, click here (or type bit.ly/GARTNERMQ22). For more information about VTEX, its complete commerce capabilities, and its work with some of the world's largest brands, please visit www.vtex.com.
Gartner Disclaimer:
Gartner does not endorse any vendor, product or service depicted in our research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner®, Magic Quadrant and Peer Insights™ are trademarks of Gartner, Inc. and/or its affiliates. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose
About VTEX
VTEX (NYSE: VTEX) is the enterprise digital commerce platform where global brands and retailers run their world of commerce. VTEX puts its customers' business on a fast path to growth with a complete Commerce, Marketplace, and OMS solution. VTEX helps global companies build, manage and deliver native and advanced B2B, B2C, and Marketplace commerce experiences with unprecedented time to market and without complexity. As a leader in digital commerce platforms, VTEX is trusted by more than 2,400 customers, such as AbInbev, Carrefour, Colgate, Motorola and Whirlpool, having over 3,200 active online stores across 38 countries (as of FY ended on December 31st, 2021). For more information, visit www.vtex.com.
Press Contacts For VTEX
Method: vtex@methodcommunications.com
1 Gartner, "Magic Quadrant for Digital Commerce," Jason Daigler, Sandy Shen, Penny Gillespie, Mike Lowndes, Aditya Vasudevan, Yanna Dharmasthira, 10 August 2022
2 Gartner, "Critical Capabilities for Digital Commerce Platforms," Mike Lowndes, Yanna Dharmasthira, Sandy Shen, Penny Gillespie, Jason Daigler, Aditya Vasudevan, 22 August 2022
3 Gartner, "2022 Gartner Peer Insights 'Voice of the Customer': Digital Commerce,"
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SOURCE VTEX | https://www.kxii.com/prnewswire/2022/09/01/vtex-receives-industry-recognition-while-seeing-continued-customer-momentum-success/ | 2022-09-01T14:13:45Z |
AUSTIN (KXAN) — On Friday morning, Reuters reported Austin-based Tesla is expected to cut 10% of its jobs.
The report cites a letter from Elon Musk, that also calls for a pause in hiring worldwide. Musk also said he had a “super bad feeling” about the economy.
President Biden commented on the move on Friday.
“Well, let me tell you. While Elon Musk is talking about that, Ford is increasing their investment overwhelmingly. I think Ford is increasing the investment in building new electric vehicles: 6,000 new employees — union employees, I might add — in the Midwest,” he told reporters.
“So, you know, lots of luck on his trip to the moon,” the President added.
A Central Texas Tesla employee confirms receiving a later email from Musk to employees, clarifying that the company would be “reducing salaried headcount by 10%.
“This does not apply to anyone actually building cars, battery packs or installing solar,” Musk’s email read. He added that hourly positions will increase.
KXAN sat down with three different economists, who all have different answers on what this could signal for the economy as a whole.
Q: Tell me a little bit about your initial reaction to the news this morning that Reuters broke about Elon wanting to cut his workforce by 10%.
A: “So this is happening at the speed of Elon. Elon is always ahead of the curve. He’s not behind the curve. And he understands that a recession is coming. And he’s preparing his business for that,” Dirk Mateer, University of Texas-Austin Economics Department, said.
A: “He’s being very cautious. He obviously anticipates some headwinds for the economy in the future. And so he’s taking a precaution, not hiring any new people and maybe even laying off some people. Many analysts and… many investment banks have pointed out that we’re headed towards a recession, perhaps later this year, early next year. With inflation being as high as it is, I think, that may be a great possibility. However, we probably need to have another month’s data or two on inflation, before we can make a prediction,” economics analyst Angelos Angelou said.
A: “Obviously, you never like to see these types of information, this type of information. But it’s a company that’s growing very, very quickly. We’re a very fluid market right now. And so it’s not something that I would put a great deal of concern into at this point in time. But certainly, it’s something we’re aware of, particularly because there’s some fairly significant operations of some of his companies in the Central Texas area,” economics analyst Ray Perryman said.
Q: Several experts say that we’re heading toward a recession, how far away do you think we are from hitting that point?
A: “Well, frankly, I’m not one of those people. I think we’re going to avoid the recession this time around. There was a job growth hiccup in the first quarter. But if you break those numbers down, that was because imports came up a lot, which basically says we’re unloading the boats at the docks, that’s when the things become the imports instead of just something in the water. And we’re solving the supply chain problem. So again, there’s a lot going on right now in a lot of different directions. But I’m not one of those who thinks we’re headed for recession anytime soon,” Perryman said.
Q: I know you don’t have a crystal ball, but how far out do you think we are from possibly reaching the point of a recession?
A: “So we actually had a quarter of negative economic growth in the first quarter of this year. That was largely attributed to a lot of inventory adjustments and supply shocks. But that’s different [than] what’s happening here with Tesla, they’re actually thinking that they aren’t going to be moving as many vehicles and that demand may dry up. And they have every reason to believe that a lot of people have been coming out and saying, ‘Gosh, we didn’t think inflation was going to be this bad.’ There are still supply chain issues. The economy is going to slow down due to higher interest rates. I mean, all these things are easy to see and easy to forecast. So do I think it could be soon? Maybe. Because the psychology of this is going to change quickly. It’s going to change from, ‘Oh, and there’s inflation to oh, what does that mean?’ So we’re going to have to tighten our belts. And you see Tesla tightening their belts, we’ve seen other companies that make similar announcements. And so I think it could happen quite quickly. Maybe not in the second quarter here, but by the third quarter, would not surprise me at all,” Mateer said.
Q: So you think it’s too soon to tell if we’ll hit a recession soon?
A: “The risk of recession is real. But again, it’s a bit too soon, maybe another month’s data on inflation would be key already, we’ve had a negative growth in our GDP in the first quarter of this year. So if this continues, then definitely we’re headed towards a recession. But let me be clear here, a national recession, obviously will affect the US economy, but not necessarily Austin, because this is a place where there is demand-driven job market, housing market. So even though we may be selling fewer homes, because interest rates have gone up, and more people may not be able to afford those higher interest rates accruing in their mortgage. The market is still strong here, and prices will continue to rise. So I don’t expect that we’re going to have a housing recession in Austin or employment recession,” Angelou said.
Possible local impact
The email announcements come nearly two months after the Austin-based company’s massive grand opening of it’s Travis County giga-factory.
Perryman said although Tesla is an important part of Austin’s economy, it’s strong enough to absorb the hit.
“Tesla is one of many, many large companies that are very successful in the Austin area,” he said. “And it’s highly unlikely that you’re gonna see one single company making an announcement like this really moving the needle, a great deal on an economy as dynamic and diversified and and effective as the Austin area.”
Angelou said a little bit of a downturn could have a positive impact on employment over time.
“The market can be given a little bit of a breather, if you will, to catch up, because we’re still experiencing a significant labor shortage just throughout our economy, both in the high tech and the non high tech parts of it,” he said.
Tesla also has partnerships with local educational institutions to help train more workforce.
Both Bastrop and Del Valle ISDs have Tesla hiring programs in which students attend training at Austin Community College’s TESLA Start program before starting work in the factory.
Both districts told KXAN Friday that their programs are continuing despite Musk’s announcements.
In an emailed statement to KXAN, ACC said they are also moving forward:
“Austin Community College’s partnership with Tesla continues to grow. Neither the Tesla START Manufacturing program nor any other Tesla-affiliated program at the college is impacted by recent announcements and no impacts are expected. A new, 100-student cohort for the Manufacturing Development Program remains scheduled to begin later this summer and another START cohort will begin at the start of the fall semester.”
Sydney Pruitt, ACC spokesperson | https://cw33.com/news/what-could-teslas-10-cuts-mean-for-austin/ | 2022-06-03T23:39:17Z |
‘Hometown boy done good’ – a South Georgia trailblazer is leading the Pentagon at a turbulent time
Secretary Lloyd Austin, a Georgia native, now leads as the Secretary of Defense.
WASHINGTON (Gray DC) - Secretary Lloyd Austin grew up in Thomasville, Georgia before making his way to West Point. He rose through the ranks while on active duty, becoming a four-star general, and now as a civilian occupies the highest role at the Pentagon as Secretary of Defense. Rep. Sanford Bishop (D-Ga.) is proud to have him in this role.
“Hometown boy done good,” said Bishop.
Bishop is an Army veteran himself. He said having someone like Austin at the helm of U.S. armed forces, once the Commander of U.S. forces in Iraq then Commander of Central Command, gives confidence to the troops.
“It makes the soldier and our troops committed to the fact that they’re willing to follow the Commander in Chief, willing to follow the leaders,” said Bishop.
The Thomasville High School graduate has faced numerous tests during his first year as the civilian leader of the U.S. military. Austin received many questions about the withdrawal from Afghanistan last summer, including how 13 service members lost their lives to a suicide bomb at the Kabul airport.
Now, he faces questions about how much the U.S. military can support Ukraine against Russian aggression. Bishop thinks Austin and the administration are handling it well.
“President Biden and his security team, including Secretary Austin, have done a tremendous job unifying our NATO allies and the world,” said Bishop.
Bishop said he has worked with Austin throughout the years on different causes, including helping families of veterans. Bishop thinks it is in the DNA of his district to serve.
“Our core values: God, country, work, and family. And of course, country is patriotism,” said Bishop.
Bishop notes that Thomasville is rich in U.S. military history. Henry Flipper, the first black graduate of West Point in 1977, is also a native of Thomasville. Last year, Lloyd Austin made history when he became the first black Secretary of Defense.
Copyright 2022 Gray DC. All rights reserved. | https://www.wibw.com/2022/04/28/hometown-boy-done-good-south-georgia-trailblazer-is-leading-pentagon-turbulent-time/ | 2022-04-28T15:07:53Z |
NEW YORK, May 12, 2022 /PRNewswire/ -- The property/casualty insurance industry saw the 2021 net combined ratio increase to 99.5, 0.8 points higher than 2020, driven by deterioration in the personal auto and, to a lesser extent, the workers compensation lines. Homeowners, Commercial Auto, Commercial Multi-Peril and General Liability were the product lines with significant improvement year-over-year. According to the latest underwriting projections by actuaries at the Insurance Information Institute (Triple-I) and Milliman, the 2022 net combined ratio is forecast to increase slightly to 99.6.
The quarterly report, Insurance Information Institute (Triple-I) /Milliman Insurance Economics and Underwriting Projections: A Forward View, was presented on May 12 at an exclusive members only virtual webinar.
Michel Léonard, PhD, CBE, Chief Economist and Data Scientist, and head of Triple-I's Economics and Analytics Department, discussed key macroeconomic trends impacting the property/casualty insurance industry results.
Léonard noted that the U.S. P&C industry's performance continues to be constrained by historically high inflation impacting replacement costs.
"The insurance industry's performance continues to be severely constrained by macroeconomic fundamentals. The average replacement costs for P&C lines is 16.3 percent, nearly twice the U.S. average CPI of 8.5 percent," he said, noting that while the Federal Reserve forecasts U.S. inflation to decelerate to 4.3 percent by year-end, "Triple-I expects the transition to take longer."
Dale Porfilio, FCAS, MAAA, Chief Insurance Officer, Triple-I, noted that 2021 had the worst full-year catastrophe losses since 2017 across all property/casualty product lines, though fourth quarter actuals were materially lower than prior expectation.
"Healthy premium growth observed in 2021 is likely to continue through 2024 due to the hard market," Porfilio said, adding, "the 2021 net expense ratio of 27.0 points was the lowest in more than a decade due to premiums growing at a faster rate than expenses." For the whole P&C insurance industry, he said to expect loss pressures to continue due to inflation and supply chain disruption.
On the personal auto side, the quarterly loss and loss adjustment expense ratios have deteriorated rapidly since the pandemic-induced low in Q2 2020 and are now well above the pre-pandemic experience in 2019. Porfilio said that the 2021 combined ratio jumped up to 101.4, the worst since 2017 and 8.9 points worse than 2020.
"While miles driven are largely back to 2019 levels, riskier driving behaviors have led to increased insured losses and fatality rates," Porfilio added.
On the commercial side, Jason B. Kurtz, FCAS, MAAA, a principal and consulting actuary at Milliman – an independent risk-management, benefits, and technology firm – said that the Commercial Multi-Peril (CMP) 2021 combined ratio improved 3.6 points from 2020, primarily due to strong net earned premium growth (6.3 percent year-over-year) from the economic recovery and a hard market.
"Despite the improvement relative to 2020, the CMP line still experienced an underwriting loss in 2021 and we expect underwriting results in 2022-2024 will continue to be adversely impacted by inflation and CAT loss pressures," Kurtz said.
Looking at the workers' compensation line, Kurtz noted that underwriting profits continue, although margins shrunk in 2021 and are expected to continue to shrink through 2024.
"The workers' comp line has experienced seven straight years of underwriting profitability, a remarkable turnaround after eight straight years of underwriting losses," he said. "Not surprisingly, rate increases have been hard to come by. Coupled with low unemployment, these forces will constrain premium growth for the foreseeable future."
On the commercial auto side, the 2021 combined ratio improved by 3.0 points from 2020 due to lower adverse development on prior accident years and a two-point reduction in expense ratio, according to Dave Moore, FCAS, MAAA of Moore Actuarial Consulting.
"The 2021 combined ratio dipped below 100% for the first time since 2010 and we've had the lowest expense ratio in more than a decade," Moore said. "Watch for social inflation loss pressure and prior year adverse loss development in 2022-2024."
Founded in 1960, Triple-I provides objective, fact-based information about insurance while also being a trusted source of unique, data-driven insights which inform and empower consumers. Triple-I wants people to have the information they need to make educated decisions, manage risk, and appreciate the essential value of insurance. Triple-I has more than 60 insurance company members, including seven of the 10 largest writers of property/casualty insurance in the United States. The organization's focus is to create and to disseminate information; Triple-I neither lobbies on behalf of the insurance industry nor does it sell insurance. Triple-I is an affiliate of The Institutes.
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. For further information visit Milliman.
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SOURCE Insurance Information Institute | https://www.mysuncoast.com/prnewswire/2022/05/12/expect-loss-pressures-continue-pampc-industry-due-inflation-supply-chain-riskier-driving-behavior-new-triple-imilliman-report-shows/ | 2022-05-12T18:08:41Z |
Ceremony Set to Honor the Remarkable Achievements of Africa, Africans and African Descendants Across Industries
2022 Honorees Include:
The Republic of Botswana, Filmmaker Mahen Bonetti, Rockefeller Foundation Executive Betty Wambui Kibaara and IBM Executive Dr. Solomon Assefa
Hosted by Bozoma Saint John
Tuesday, September 20, 2022 – 6 P.M.
At Cipriani's 42nd St. in New York City
NEW YORK, July 28, 2022 /PRNewswire/ -- The Africa-America Institute (AAI) - the premier U.S.-based international organization connecting Africa to America through education, training and dialogue - announced its 38th Annual Awards Gala celebrating the vast contributions of Africa and its worldwide diaspora. Returning to an in-person format, the Awards Gala will take place at Cipriani 42nd St. in New York City, on September 20th at 6 P.M.
Launched in 1984, the AAI Awards Gala is the most anticipated African-centered event convened in New York City. Held during the week of the United Nations General Assembly, the Gala brings together a host of distinguished notables including heads of state, diplomats, government officials, business and civil society leaders, scholars, journalists and other leading figures for an unforgettable evening.
Hosted by marketing executive, entrepreneur and author Bozoma Saint John, this year's awards will center around the theme of "Africa in the World." During the ceremony, AAI will honor an illustrious group of leaders across industries who have used their platforms to advance and affect substantive change locally, nationally and globally in their respective areas.
National Achievement Award
The Republic of Botswana to be accepted by His Excellency Mokgweetsi Eric Keabetswe Masisi
Science and Technology Leadership Award
Solomon Assefa - Vice President of IBM Research, Africa & Emerging Market Solutions
Ambassador of African Film Award
Mahen Bonetti - Founder of the African American Film Festival, Inc. (AFF) and Executive Director of the New York African Film Festival (NYAFF)
Distinguished Alumnae Award
Betty Wambui Kibaara - Director of the Food Initiative at the Rockefeller Foundation
"This year's Gala is especially exciting as it marks our return to an in-person event. We are delighted to have the opportunity to honor the people of the Republic of Botswana for their steadfast commitment to democracy and ground-breaking global partnerships in medical research and education," said Kofi Appenteng, AAI's President & CEO. "We're also celebrating Dr. Solomon Assefa's crucial work in deploying AI to enable sustainable futures, Betty Kibaara's work championing food security and agribusiness investments, and Mahen Benetti's legacy of bringing African and Diasporan voices to the forefront of global cinema. In geographical, scientific, artistic, and cultural terms these honorees embody this year's Gala theme of Africa in the World."
For the past six decades, AAI has provided over 23,000 scholarships and fellowships to African students. The Annual Awards Gala raises funds to support AAI programs and initiatives.
For more information, please visit aaionline.org/gala.
Since its founding in 1953, AAI has awarded scholarships and fellowships to over 23,000 Africans. These individuals comprise an esteemed network of alumni, many of whom are leaders and influencers across public, private, and governmental sectors in Africa and globally. Included in this network are current Heads of State, H.E. Hage Geingob, President of the Republic of Namibia; H.E. Alassane Ouattara, President of the Republic of Côte d'Ivoire; H.E. Mohamed Bazoum, President of the Republic of Niger; and H.E. Cyril Ramaphosa, President of the Republic of South Africa. Many of AAI's Alumni have left an indelible imprint, including the late 2004 Nobel Peace Prize Laureate Wangari Mathaai and the late Barack Obama, Sr.
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SOURCE Africa America Institute | https://www.kxii.com/prnewswire/2022/07/28/africa-america-institute-announces-its-38th-annual-awards-gala/ | 2022-07-28T17:31:46Z |
GOTHENBURG, Sweden, Aug. 17, 2022 /PRNewswire/ --
Positive result and stronger market outlook
- Total income
Q2: SEK 180.8 (208.4) million
HY1: SEK 304.9 (388.0) million
- EBITDA
Q2: SEK 102.7 (-16.7) million
HY1: SEK 132.4 (-62.4) million
- Result before tax
Q2: SEK 36.5 (-88.4) million
HY1: SEK 6.0 (-208.6) million
- Result per share after tax
Q2: SEK 0.75 (-1.88)
HY1: SEK 0.11 (-4.42)
Events in the second quarter
- Sale of Suezmax tanker Stena Supreme. The sale had a positive liquidity effect of approximately USD 4 million.
- Strong market. Result affected by profit-sharing of USD 1.9 million for HY1, enabling accelerated loan repayments.
Events after the end of the quarter
- Agreement signed for sale of P-MAX tanker Stena Paris. The sale is expected to enable accelerated loan repayments of approximately USD 5 million.
Key figures Jan-Jun 2022
- Total income, SEK million: 304.9 (388.0)
- EBITDA, SEK million: 132.4 (-62.4)
- EBITDA, USD million: 13.8 (-7.4)
- Operating result, SEK million: 46.5 (-176.1)
- Result before tax, SEK million: 6.0 (-208.6)
- Result after tax, SEK million: 5.2 (-211.1)
- Equity ratio, %: 20 (24)
- Return on equity, %: neg (neg)
- Available liquid funds, including unutilised credit facilities, SEK million: 88.9 (139.5)
- Result per share after tax, SEK: 0.11 (-4.42)
- Equity per share, SEK: 7.18 (14.67)
- Lost-time injuries: 0 (2)
This information is information that Concordia Maritime Aktiebolag (publ) is obliged to publish in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was provided by the contact person below for publication on 17 August 2022 at 13.00 CEST.
For more information, please contact:
Erik Lewenhaupt
CEO, Concordia Maritime AB
Mob: +46 704 855 188
E-post: erik.lewenhaupt@concordiamaritime.com
Martin Nerfeldt
CFO, Concordia Maritime AB
Tel: +45 88 938 661
Mob: +46 704 85 50 07
E-post: martin.nerfeldt@concordiamaritime.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Concordia Maritime | https://www.mysuncoast.com/prnewswire/2022/08/17/concordia-maritime-interim-report-1-january-30-june-2022/ | 2022-08-17T12:13:32Z |
Potentially game changing impact investment program aimed at fundamentally disrupting the fight against kidney disease
NEW YORK, April 10, 2022 /PRNewswire/ -- The National Kidney Foundation (NKF) today, announced the launch of the NKF Innovation Fund, a new impact investment program aimed at fundamentally disrupting the fight against kidney disease.
"The kidney health landscape is broken and lacks needed innovation," said Kevin Longino, Chief Executive Officer of NKF and a kidney transplant patient. "Dialysis has been the go-to treatment for more than half a century. Fifty years without major progress is unacceptable. About 37 million Americans have kidney disease and many crash into kidney failure and require dialysis before ever being diagnosed. We need a fundamental change in how we deal with kidney disease. Our Innovation Fund will provide donors with a unique opportunity to see their dollars support companies pursuing the most promising therapies, treatments and prevention methods that offer the potential to transform kidney care."
The NKF Innovation Fund's goal is to accelerate funding, development, and commercialization of therapies that kidney patients need and deserve. The fund will primarily invest in early to mid-stage companies that are developing innovative, patient-centric kidney therapies. The NKF Fund is modeled after similar vehicles used by other leading patient organizations to spur industry to develop transformative treatments with other diseases. NKF believes kidney patients deserve no less.
NKF's Innovation Fund is already attracting interest from major donors and innovator companies. In March, the Fund made one of its first investments. Kuleana Technology, located in Seattle, Washington, is a spinoff from the University of Washington and closely aligned with both the Center for Dialysis Innovation at the University of Washington, and with the Northwest Kidney Centers. The company is developing a groundbreaking portable hemodialysis device that will not require connection to an external water source. The new technology will be more effective than current dialysis since it will allow patients to dialyze on the go, enabling whenever, wherever dialysis for millions of patients around the world living with kidney failure.
"Our vision is very straightforward," added Longino. "We are going after the full spectrum of kidney disease. With the NKF Innovation Fund we want to prevent kidney disease, eliminate the transplant wait list, and provide better, safer treatments for dialysis patients so they can live fuller and more productive lives. That's the prism we're looking through for every investment we make, and I think our first investment into this space shows just how serious we are."
"We are excited and enthusiastic to be partnering with the National Kidney Foundation in this pioneering effort to impact the lives of people living with advanced kidney disease. Like NKF, we recognize the large unmet need to create transformative dialysis therapies that are safer, more effective, give patients freedom and mobility, in order to significantly improve their quality of life", said Dr. Jonathan Himmelfarb, President and CEO of Kuleana Technology.
For more information about the NKF Innovation Fund visit kidney.org/innovationfund. To learn more about kidney disease and how to maintain optimal kidney health visit www.kidney.org/.
About Kidney Disease
In the United States, 37 million adults are estimated to have kidney disease, also known as chronic kidney disease—and approximately 90 percent don't know they have it. 1 in 3 American adults are at risk for chronic kidney disease. Risk factors for kidney disease include: diabetes, high blood pressure, heart disease, obesity, and family history. People of African American, Hispanic, American Indian, Asian, or Pacific Islander descent are at increased risk for developing the disease. African Americans are almost 4 times more likely than White Americans to have kidney failure. Hispanics are 1.3 times more likely than non-Hispanics to have kidney failure.
About National Kidney Foundation
The National Kidney Foundation (NKF) is the largest, most comprehensive, and longstanding patient-centric organization dedicated to the awareness, prevention, and treatment of kidney disease in the U.S. For more information about NKF, visit www.kidney.org.
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SOURCE The National Kidney Foundation | https://www.wibw.com/prnewswire/2022/04/10/new-national-kidney-foundation-innovation-fund-seeks-accelerate-kidney-disease-therapies/ | 2022-04-10T14:27:50Z |
DENVER, July 13, 2022 /PRNewswire/ - Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today announced plans to hold its 2022 second quarter results conference call at 8:00 a.m. MT, on Thursday August 4, 2022. The Company plans to release its financial and operating results after market close, Wednesday August 3, 2022. In addition to the release, supplemental slides and financial statements will be available on the Company's website, located at www.ovintiv.com.
To participate in the conference call, please dial 888-664-6383 (toll-free in North America) or 416-764-8650 (international) approximately 15 minutes prior to the call.
The live audio webcast of the event, including slides, also will be available on Ovintiv's website, under Investors/Presentations and Events, and will be archived for approximately 90 days.
Further information on Ovintiv Inc. is available at www.ovintiv.com, or by contacting:
Investor contact: (888) 525-0304
investor.relations@ovintiv.com
Media contact: (403) 645-2252
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SOURCE Ovintiv Inc. | https://www.wibw.com/prnewswire/2022/07/13/ovintiv-host-its-second-quarter-2022-results-conference-call-webcast-august-4-2022/ | 2022-07-13T18:42:42Z |
MELBOURNE, Fla., June 29, 2022 /PRNewswire/ -- Tomahawk Robotics, the leading innovator of common control solutions, is pleased to share we have successfully demonstrated an initial integration of Reveal Technology's Farsight AI application into our Kinesis common control software.
Through this integration, Kinesis users will be able to quickly designate an area of interest (AOI) and send a UAS to autonomously map the area. Reveal's Farsight application creates 2D maps in real-time and 3D renderings in minutes.
In the coming months, Reveal's Farsight technology will be further integrated onto the KxM edge processor, reducing the time required to create 3D renderings. Tomahawk Robotics has demonstrated Reveal's Farsight mapping software with Teal's Golden Eagle UAS. As Tomahawk finalizes the integration, Kinesis users will be able to use any supported UAS with KLV data within Kinesis to create Farsight 2D maps and 3D renderings.
Tomahawk Robotics is proud to work with the team at Reveal and looks forward to the benefit this technology offers our commercial and DoD end users.
About Reveal Technology
Reveal Technology is made up of elite combat veterans and top-tier technologists, coming from diverse multi-service special operations backgrounds and top-ranked universities and technology companies. Reveal delivers intuitive, rapid intelligence at the tactical edge, blending state-of-the-art computer vision, artificial intelligence, and edge computing technologies.
About Tomahawk Robotics
Tomahawk Robotics is the leading innovator of common control solutions that transform how humans and unmanned systems work together to make the world safer and more secure. From the battlefield to remote industrial sites, our products and technology safeguard users working under the most extreme and stressful conditions. Designed from the ground up with the user in mind, Kinesis is the only multi-domain, cross-architecture, AI-enabled control system that unlocks intuitive interaction with remote environments from across the room or around the world.
https://www.tomahawkrobotics.com
CONTACT: Sales.team@tomahawkrobotics.com
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SOURCE Tomahawk Robotics | https://www.wibw.com/prnewswire/2022/06/29/tomahawk-robotics-adds-reveal-technologys-farsight-ai-into-kinesis-ecosystem/ | 2022-06-29T16:45:18Z |
- Creator of Baby Shark to Release Baby Shark: Collection No. 2, a 10K Generative Collectible Project
- Going Live this Summer, The New Collection Will Introduce a Number of Special Traits and Attributes to the World's Favorite Shark Family.
SEOUL, South Korea, June 20, 2022 /PRNewswire/ -- The Pinkfong Company, the global entertainment company behind the pop culture phenomenon "Baby Shark", has announced that they will be diving even deeper into NFTs with the release of Baby Shark: Collection No. 2, the first-ever generative art collection of 10,000 unique NFTs featuring Baby Shark and his family, on MakersPlace, the premiere marketplace for digital collectibles.
With the world's most viewed video in YouTube history, Pinkfong's Baby Shark has grown into the most iconic earworm to emerge from the internet, recording a 20-week streak on the Billboard Hot 100 while its music video became the first video to hit 10 billion views on YouTube.
Baby Shark: Collection No. 2 is the latest in the company's commitment to NFTs and Web3. Baby Shark's initial NFT collection, Baby Shark: Collection No. 1, launched in December 2021, was an instant sell-out. Now, following their successful foray into the waters of NFTs, the company will release its second collection centered around strengthening and expanding the global Baby Shark community, both on and offline. Adopting the generative art style, each of the unique NFT pieces from Baby Shark: Collection No. 2 will be featured 10,000 variations which are randomly generated by computer algorithms.
With music serving as the pulse of Baby Shark, the company has plans to introduce a number of surprise remixes with notable musicians in the future. The project will also reward their community with unique perks, including special gifts and access to exclusive events and social activations.
"The new generative NFT collection is designed to expand the Baby Shark community and allow us to connect with fans. We're thrilled about this project, as it is a key step in our roadmap to growing Baby Shark's presence and providing new forms of engagement and entertainment on metaverse and beyond." - Bin Jeong, CEO of Pinkfong USA
"Baby Shark has made its mark across generations and geographies. As early brand pioneers in the NFT space, they have displayed a true innovative spirit allowing for an even deeper appreciation and engagement from their massive fan base. It is an honor for MakersPlace to be a part of Baby Shark's journey as they strengthen their impact both on and off the chain." - Craig Palmer, CEO of MakersPlace
Baby Shark: Collection No. 2 is set to launch on MakersPlace this summer. For more information, visit https://nft.babyshark.com/.
About The Pinkfong Company
The Pinkfong Company is a global entertainment company that delivers content and entertaining experiences around the world. Driven by award-winning brands and IPs, the company has created and distributed a range of content across genres and formats including original animated series, world live tours, interactive games, and more. Believing in the power of entertaining and engaging content, The Pinkfong Company is committed to connecting people around the world and bringing joy and inspiration to worldwide audiences of all ages. For more information, please visit the website or follow the company on LinkedIn.
About MakersPlace
MakersPlace is the premier NFT marketplace for digital art. Launched in 2018, MakersPlace utilizes blockchain technology to facilitate the sale of authentic, original digital artwork, ensuring rarity and ownership for both creators and collectors. MakersPlace has emphasized accessibility since its inception, and has attracted a large mainstream audience as the first NFT marketplace to accept both cryptocurrency (ETH) and non-cryptocurrency (USD) payments, which it facilitates through crypto wallet and credit card transactions, respectively. MakersPlace helped catapult digital art and NFTs onto the global stage, with the historic sale of Beeple's Everydays: The First 5000 Days for $69.3 million in partnership with Christie's auction house in March 2021 – the record price for any digital artwork. Our mission is simple: to enable a vibrant future for digital creativity.
Contact
Natalie Kim, Communications manager at The Pinkfong Company
natalie@pinkfong.com
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SOURCE The Pinkfong Company | https://www.wibw.com/prnewswire/2022/06/20/pinkfong-announces-its-first-ever-generative-nft-project/ | 2022-06-20T14:41:39Z |
Kroger's national fulfillment network expands with addition of Pleasant Prairie Customer Fulfillment Center
PLEASANT PRAIRIE, Wis., June 28, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's largest grocery retailer, today announced the official opening of the Customer Fulfillment Center (CFC) in the Village of Pleasant Prairie, WI, a city centrally located between Milwaukee and Chicago, powered by the Ocado Group (LSE: OCDO), engineering a model for the region, leveraging advanced robotics technology and creative solutions to redefine the customer experience for our customers in Wisconsin, northern Illinois, and northwest Indiana.
"We are thrilled to launch Kroger Delivery in Pleasant Prairie, continuing our long-standing engagement in the state of Wisconsin. Our tradition of fresh is all about our customers, and this true milestone moment incorporates end-to-end cold solutions, including customized refrigerated vans, providing Kenosha County residents with everything fresh, every time," said Gabriel Arreaga, Kroger's senior vice president and chief supply chain officer. "Through the incredible relationships with several local departments including Kenosha County and Village of Pleasant Prairie, this collaboration was key to success that will bring nearly 250 jobs to the 336,840 square-foot high-tech fulfillment center and will enable us to expand our delivery services to new areas in the region in need of our best-in-class service."
The company also collaborated with Kenosha Area Business Alliance, Wisconsin Department of Transportation and Wisconsin Economic Development Corporation.
"Kroger is a tremendous example of how a company's vision and collaboration with the Village can provide new jobs to the region, said John Steinbrink Sr., Pleasant Prairie Village President. Kroger is a welcomed community partner, and we look forward to seeing their investment in our community succeed. Our residents will be excited to know a facility in Pleasant Prairie can deliver fresh groceries right to the doorstep of our neighborhoods. In addition, the Village staff would like to thank Kroger and Kenosha County for working with the Village on the Transportation Economic Assistance Grant that widened Highway H. The road improvements will ensure traffic surrounding the new Kroger facility continues to flow smoothly."
"Through our growing partnership, we are helping Kroger Delivery to introduce a world-leading online grocery proposition to their customers across the USA. Enabled by Ocado Group's unique, cutting-edge technology, this fulfillment centre will introduce a step change in the kind of service and efficiency that shoppers across Wisconsin, northern Illinois, and northwest Indiana can expect from grocery ecommerce," said Luke Jensen, CEO of Ocado Solutions.
"Kenosha County is the hotspot for economic development in the State of Wisconsin and we welcome Kroger's new state-of-the-art food fulfillment center," said Samantha Kerkman, Kenosha County Executive. "Utilizing the latest robotics and logistics technology, this e-commerce fulfillment center provides a vital role in offering access to fresh food, especially to those residents without easy access to groceries. We look forward to providing the Kroger leadership team with a supportive business environment here in Kenosha County."
"Kroger's partnership with Ocado on this new Pleasant Prairie facility allows Wisconsin to help discover innovative solutions for grocery ordering and delivery," said Missy Hughes, secretary and CEO of the Wisconsin Economic Development Corporation (WEDC). "While this facility will use robots and the latest technology to fulfill orders, this project is also expected to create more than 200 jobs."
WEDC is supporting the project with up to $1.5 million in state tax credits to the Kroger Fulfillment Network and up to $500,000 in tax credits to Ocado Solutions. The company worked closely with Kenosha Area Business Alliance, Kenosha County, Wisconsin Department of Transportation, Wisconsin Economic Development Corporation and the Village of Pleasant Prairie.
Kroger Delivery Explained
This expansion represents an extension of a partnership between Kroger and Ocado, a world leader in technology for grocery e-commerce. In 2018, the companies announced a collaboration to establish a delivery network that combines artificial intelligence, advanced robotics, and automation in a bold new way, bringing first-of-its-kind technology to America.
The delivery network relies on highly automated fulfillment centers. At the hub sites, more than 1,000 bots whizz around giant 3D grids, orchestrated by proprietary air-traffic control systems in the unlicensed spectrum. The grid, known as The Hive, contains totes with products and ready-to-deliver customer orders. As customers' orders near delivery times, the bots retrieve products from The Hive and are presented at pick stations for items to be sorted for delivery, a process governed by algorithms that ensures items are intelligently packed. For example, fragile items are placed on top, bags are evenly weighted, and each order is optimized to fit into the lowest number of bags, reducing plastic use.
After being packed, groceries are loaded into a refrigerated delivery van, which can store up to 20 orders. Powerful machine learning algorithms optimize delivery routes, considering factors like road conditions and optimal fuel efficiency. Drivers may travel up to 90 miles with orders from facilities to make deliveries.
Kroger currently operates customer fulfillment centers in Monroe, OH, Groveland, FL, Forest Park, GA (Atlanta), Dallas, TX and Pleasant Prairie, WI with additional customer fulfillment centers slated for California, Frederick, MD, Phoenix, AZ, Romulus, MI (Detroit), Cleveland, OH, Charlotte, NC, Denver, CO as well as South Florida and the Northeast.
Media Assets
To download Kroger Delivery photography and video, visit here.
About Kroger
At The Kroger Co. (NYSE: KR), we are Fresh for Everyone™ and dedicated to our Purpose: To Feed the Human Spirit®. We are, across our family of companies, nearly half a million associates who serve over 11 million customers daily through a seamless shopping experience under a variety of banner names. We are committed to creating #ZeroHungerZeroWaste communities by 2025. To learn more about us, visit our newsroom and investor relations site.
About Ocado Group
Ocado Group is a UK based technology company admitted to trading on the London Stock Exchange (Ticker OCDO). It provides end-to-end online grocery fulfilment solutions to some of the world's largest grocery retailers and holds a 50% share of Ocado Retail Ltd in the UK in a Joint Venture with Marks & Spencer. Ocado has spent two decades innovating for grocery online, investing in a wide technology estate that includes robotics, AI & machine learning, simulation, forecasting, and edge intelligence.
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SOURCE The Kroger Co. | https://www.mysuncoast.com/prnewswire/2022/06/28/kroger-delivery-arrives-pleasant-prairie/ | 2022-06-28T15:10:34Z |
VISALIA, Calif., June 15, 2022 /PRNewswire/ -- Tulare County Health and Human Services Agency (HHSA) has been awarded a grant for $4,909,775.60 to partner with Kaweah Health for the creation of a child and adolescent crisis stabilization unit (CSU). The grant from California Health Facilities Financing Authority will allow Kaweah Health, an integrated health system serving Central California, to build the first 24-hour site for youth in crisis in Tulare County.
The CSU will provide crisis intervention services for children and youth under age 21, 24 hours a day, 365 days a year. It will be a 12-bed unit with four private rooms for acutely agitated children and youth, severely mentally ill children and youth, or very young children to separate them for safety. Services will include crisis evaluation, intervention, and stabilization, as well as psychiatric services and discharge care. Care will be given regardless of insurance status or ability to pay. Kaweah Health is establishing a temporary Visalia location and finalizing a permanent comprehensive child and adolescent behavioral health campus with multiple services.
"Mental health and wellness is a major issue in Tulare County. Children are among the most impacted portions of our population, especially as a result of the COVID pandemic," said Marc Mertz, Kaweah Health's Chief Strategy Officer, noting that today, these children are seen in local emergency departments or must leave the community for mental health services, while far too many go untreated. "Without this grant funding, the development of this facility would have been extremely difficult, if not impossible."
Kaweah Health will staff this new venture thanks in part to its Graduate Medical Education Psychiatry Residency program, added in 2013, and a new Child and Adolescent fellowship added to the program in 2021. The fellowship trains child and adolescent psychiatrists who will positively impact the health of youth and their families in the Central Valley with an emphasis on the underserved in rural communities," said Program Director Dr. Cory Jaques.
The Psychiatry residency is successful, with about half of its graduates remaining in the area to practice or get further training. Kaweah Health also has a 60-bed mental health hospital in Visalia, along with behavioral health treatment options at its Lindsay and Exeter clinics.
Kaweah Health is a publicly-owned community healthcare organization that provides comprehensive health services to the greater Visalia region and Tulare County. Visit www.kaweahhealth.org.
CONTACT: Laura Florez-McCusker, 1 (559) 624-5985, lflorez@kdhcd.org
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SOURCE Kaweah Health | https://www.wibw.com/prnewswire/2022/06/15/kaweah-health-partnership-brings-youth-crisis-stabilization-unit-central-california/ | 2022-06-16T00:25:27Z |
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