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Louisville City Council approves contract to pave roads
The Repository
Louisville City Council
Approved road paving contract.
DISCUSSIONS: Nine streets will be paved by The Shelly Co. of Twinsburg at an estimated cost of $291,156.24. The streets are East Frana Clara, Woodmore, Cresent, East Reno, Winding Ridge, Crosswyck, Ickes, South Mill and Willow.
Additional paving of Sterzbach Street and the Wildwood Park road will cost an estimated $100,000. That brings the total expenditure within the contract to a maximum of $400,000.
OTHER ACTION:
- Approved a contract with the Thrasher Group to provide a storm water master plan at a cost of $49,020.
- Established a deputy service director position to meet the growing workload and responsibilities of the service department at a pay range between $72,000 and $86,000. Also established a planning administrator position with a salary range from $64,800 to $86,239. The law director salary range was increased from a ceiling of $47,380 to $57,831.
UP NEXT: Meets at 7 p.m. May 16 at Constitution Center, 1022 W. Main St.
— David Scheurer | https://www.cantonrep.com/story/news/2022/05/03/louisville-city-council-approves-contract-to-pave-roads/9627671002/ | 2022-05-03T16:51:17Z |
ATLANTA, July 5, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) will announce its second-quarter financial results during a live conference call and internet webcast at 8:45 a.m. ET on Wednesday, July 27, 2022. Quarterly earnings results will be released in advance of the call and a press release will be posted on the Investors page of the company's website.
For electronic notification of earnings events, subscribe to NSInvest, Norfolk Southern's email distribution list for news releases on earnings and issues pertaining to the financial performance of Norfolk Southern.
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies, moving the goods and materials that drive the U.S. economy. Norfolk Southern connects customers to markets and communities to economic opportunity, with safe, reliable, and sustainable shipping solutions. The company's service area includes 22 states and the District of Columbia, every major container port in the eastern United States, and a majority of the U.S. population and manufacturing base.
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SOURCE Norfolk Southern Corporation | https://www.mysuncoast.com/prnewswire/2022/07/05/norfolk-southern-announce-q2-2022-earnings-july-27/ | 2022-07-05T19:31:05Z |
Six people were shot early Tuesday near Methodist North Hospital in Memphis, Tennessee, hospital and law enforcement officials said.
Memphis police responding at 12:42 a.m. ET near New Covington Pike and Austin Peay Highway found six victims who "all had reportedly been shot by suspects in a black SUV," their department said.
Four victims remained in critical condition, Memphis Police said hours later. The two other patients had been upgraded to noncritical condition, they said.
The incident -- so close to a place people usually go to seek care -- offers yet another example of how gun violence interrupts American life in places traditionally seen as safe. It also ranks among more than 400 mass shootings this year in the United States, according to the Gun Violence Archive, which defines such incidents as those in which at least four people are shot, not including a shooter.
In the Memphis shooting, "three of the victims involved are detained at this time as they were in possession of a stolen vehicle," police said, adding an investigation is ongoing.
No hospital employees were injured in the shooting, Methodist Healthcare in Memphis said in a statement.
At the hospital, employees guided patients away from the emergency department waiting area while the medical facility's security team and Memphis police responded to the shooting, it said. The patients were treated and taken to Regional One Health and Le Bonheur hospitals.
August is American Adventures month. For those looking to take the path less traveled, here are the least-visited national parks in the United States. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/6-people-shot-near-a-hospital-in-memphis-tennessee/article_f68216df-7d59-5c92-bdf9-765c72f085a3.html | 2022-08-16T14:26:13Z |
WASHINGTON (AP) — A congressional oversight committee on Thursday said the Justice Department is “obstructing” its investigation into former President Donald Trump’s handling of White House records by preventing the release of information from the National Archives.
The House Committee on Oversight and Reform sent a letter to Attorney General Merrick Garland accusing the Justice Department of impeding the panel’s expanded investigation into the 15 boxes of White House records that Trump took to his Mar-a-Lago residence in Florida after leaving office last year. The Archives in February revealed it had found classified material in the boxes and referred the matter to the Justice Department.
The letter from Rep. Carolyn Maloney, D-N.Y., the chairwoman of the Oversight Committee, outlines communications between the committee and the National Archives that took place between February to late March.
In those letters, Maloney made a series of requests for information she said the committee needs to determine if Trump violated federal records laws over his handling of sensitive and even classified information. In response, the general counsel for the archivist wrote on March 28 that “based on our consultation with the Department of Justice, we are unable to provide any comment.”
“By blocking NARA from producing the documents requested by the Committee, the Department is obstructing the Committee’s investigation,” Maloney wrote in the letter released Thursday.
Maloney added that while the committee is not looking to interfere with the department’s ongoing investigation, lawmakers have not received any explanation as to why the department is preventing the archivist from providing information about the contents of the boxes.
The House’s oversight panel has repeatedly cited its authority to investigate matters involving the Presidential Records Act, which was enacted in 1978 after former President Richard Nixon wanted to destroy documents related to the Watergate scandal.
Maloney had warned in December 2020 that she had “grave concerns” that the Trump administration was not complying with the federal records act, even writing in a letter to the archivist citing those concerns that the departing administration “may not be adequately preserving records and may be disposing of them.”
While federal law bars the removal of classified documents to unauthorized locations, it is possible that in this case, Trump could try to argue that, as president, he was the ultimate declassification authority.
The former president has denied reports of tensions with the National Archives and his lawyers have said that “they are continuing to search for additional presidential records that belong to the National Archives.”
The attorney general has acknowledged that the department received the referral from the Archives, but it is longstanding Justice Department policy not to comment on investigations.
Democrats and Republicans on Capitol Hill may face a long wait for answers to their questions about specific investigations.
Generally, under Justice Department guidelines, details of investigations are supposed to remain out of the public view until charges are filed or warrants are filed. And, if grand juries are convened, the Justice Department is precluded under federal law from discussing specifics of a grand jury investigation before an indictment is handed down.
Garland has also made clear to prosecutors that the Justice Department won’t be influenced by outside political pressure.
The Oversight Committee asked Garland to respond by next week with either a green light for the National Archives to cooperate with their request or provide an explanation as to why the department is imposing such limitations. | https://cw33.com/news/politics/ap-politics/house-panel-justice-dept-obstructing-trump-records-probe/ | 2022-04-07T23:55:17Z |
GREENVILLE, S.C., June 15, 2022 /PRNewswire/ -- Premier Medical Laboratory Services (PMLS) was named Top Genetics Diagnostics Solutions Provider by Healthcare Tech Outlook. With one of the largest Next Generation Sequencing (NGS) capabilities in the country, PMLS has played an instrumental role in tracking COVID-19 variants and helping scientists understand the mutations that create new strains of the virus overtime. In February of 2022, they were able to identify some of the first BA.2 variant cases in Florida and South Carolina, and most recently, three new BA.4 variant cases in Florida.
Besides NGS, PMLS also offers advanced genetic disease screening solutions through their coveted specialty testing line, MDHealthPro. The tests cover a wide range of health conditions like cardiovascular disease, diabetes, hereditary cancers, infections, allergies, and more. "With its advanced genetic disease screening solutions, Premier Medical Laboratory Services is playing a catalytic role in helping healthcare organizations keep their patients out of harm's way," stated Healthcare Tech Outlook.
Overall, as a CAP accredited laboratory, PMLS offers 2,000 advanced diagnostic testing options that we run on state-of-the-art equipment. "We are a full-service clinical laboratory focused on delivering clinically meaningful results for better patient outcomes. As an industry leader in molecular diagnostics, our in-house Ph.D. scientists, laboratory staff, and customer care team deliver accurate and reliable disease screening results," Steve Kamalic, COO of PMLS, told Healthcare Tech Outlook.
Premier Medical Laboratory Services has a growing network of laboratories that span across the United States. With such a wide reach, they can serve physicians in every region and help to provide quality care for their patients. PMLS is also focusing on expanding their reach directly to consumers with a new retail-based medical testing product line for at-home use. With this at-home testing line and a diverse, highly advanced menu of physician ordered tests processed at their laboratory, PMLS is able to serve a breadth of healthcare needs for the population.
About PMLS
Premier Medical Laboratory Services (PMLS), headquartered in Greenville, South Carolina, is an advanced molecular diagnostics lab fully certified by top laboratory accrediting organizations, including CLIA and CAP. PMLS prides itself on delivering some of the most rapid turnaround times of testing results in the industry and patient friendly billing. They offer thousands of advanced medical diagnostic tests and screenings including genomic risk assessment assays for heart disease and diabetes, as well as women's health panels, toxicology, allergy testing, pharmacogenomics, routine blood chemistry, and noninvasive prenatal testing (NIPT). With a heartfelt mission to improve patient care, their in-house research and development team of PhD scientists and forward-thinking laboratory staff are continually innovating to provide the most advanced medical diagnostics available to improve patient lives. For more information about PMLS, please visit www.premedinc.com or call 866-387-2909.
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SOURCE Premier Medical Laboratory Services | https://www.kxii.com/prnewswire/2022/06/15/premier-medical-laboratory-services-named-top-genetics-diagnostics-solutions-provider/ | 2022-06-15T19:17:07Z |
Record Quarter Sales of $459.3 Million vs. $407.5 Million in Prior Year Quarter
Balanced Portfolio Serving Diversified End Markets Drove Strong Results
PITTSBURGH, May 6, 2022 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today reported net income attributable to Koppers for the first quarter of 2022 of $18.8 million, or $0.87 per diluted share, compared to $25.9 million, or $1.18 per diluted share, in the prior year quarter.
Adjusted net income attributable to Koppers and adjusted earnings per share (EPS) were $19.7 million and $0.91 per share for the first quarter of 2022, compared to $22.3 million and $1.02 per share in the prior year quarter, respectively.
Consolidated sales of $459.3 million, a record quarter, increased by $51.8 million, or 12.7 percent, compared with $407.5 million in the prior year quarter. Excluding a $5.5 million unfavorable impact from foreign currency changes, sales increased by $57.3 million, or 14.1 percent, from the prior year.
The Railroad and Utility Products and Services (RUPS) business reported lower sales and profitability than in the prior year period, primarily driven by lower volumes in the utility pole business as well as continued supply chain challenges related to the availability of untreated crossties at acceptable price points.
The Performance Chemicals (PC) segment delivered record first-quarter sales; however, profitability was unfavorably impacted by higher raw material costs, partly offset by price increases implemented globally.
The Carbon Materials and Chemicals (CMC) segment again generated significantly higher sales and strong profitability compared with the prior year quarter, reflecting a favorable pricing environment driven by strong end market demand that continues to trend ahead of raw material cost increases.
President and CEO Leroy Ball said, "I am extremely pleased by our record sales and overall first-quarter performance, which demonstrates our ability to continue to successfully navigate through rapid changes and economic uncertainties. We achieved results beyond our internal expectations, supported by a robust global economy with healthy demand for our CMC products and a favorable pricing environment that continues to outpace increased costs in this segment. PC also had a solid quarter due to robust volumes and pricing, although the strong results were partly offset by higher costs that surpassed price increases in the quarter. As expected, RUPS struggled as hardwood supply continued to be below comparable levels in the prior year period, although we anticipate improvement in the second half of this year."
First Quarter Financial Performance
- Sales for RUPS of $183.4 million decreased by $8.5 million, or 4.4 percent, compared to sales of $191.9 million in the prior year quarter. Sales decreased from prior year, primarily related to lower volumes of utility poles in the U.S. and Australia, along with lower sales volumes of crossties for both Class I and commercial railroads, partly offset by pricing increases and improved demand in maintenance-of-way businesses. Adjusted EBITDA for the first quarter was $11.6 million, or 6.3 percent, compared with $16.4 million, or 8.5 percent, in the prior year quarter. Profitability was unfavorably impacted by higher raw material and operating costs in the domestic utility pole business. The railroad business experienced lower absorption of fixed costs due to lower tie throughput as a result of decreased purchases of untreated crossties by our Class I customers.
- Sales for PC of $136.4 million, a first-quarter segment record, increased by $12.8 million, or 10.4 percent, compared to sales of $123.6 million in the prior year quarter. The increase in sales was primarily due to price increases implemented globally along with higher demand for preservatives in South America. Adjusted EBITDA for the first quarter was $20.9 million, or 15.3 percent, compared with $27.8 million, or 22.5 percent, in the prior year quarter. Profitability was lower than prior year due to higher raw material costs, including scrap copper.
- Sales for CMC of $139.5 million increased by $47.5 million, or 51.6 percent, compared to sales of $92.0 million in the prior year quarter. Excluding an unfavorable impact from foreign currency changes of $5.3 million, sales increased by $52.8 million, or 57.4 percent, from the prior year quarter. Sales benefited from higher pricing and volumes for carbon pitch, phthalic anhydride and carbon black feedstock, and higher sales prices for naphthalene. Adjusted EBITDA for the first quarter was $20.1 million, or 14.4 percent, compared with $10.4 million, or 11.3 percent, in the prior year quarter. The increase in profitability reflects a favorable demand and pricing environment, partly offset by higher raw material and selling, general and administrative costs.
- Net income attributable to Koppers was $18.8 million, compared to $25.9 million in the prior year quarter. Adjusted net income attributable to Koppers was $19.7 million for the first quarter, compared to $22.3 million in the prior year quarter. Adjusted EBITDA was $52.6 million, or 11.5 percent, in the first quarter, compared with $55.1 million, or 13.5 percent, in the prior year quarter.
- Diluted EPS from continuing operations was $0.87, compared to $1.18 per diluted share in the prior year quarter. Adjusted EPS for the quarter was $0.91, compared with $1.02 for the prior year period.
- Capital expenditures for the three months ended March 31, 2022, were $26.2 million, compared with $24.2 million for the prior year period. Net of insurance proceeds and cash received from asset sales, capital expenditures were $22.0 million for the current year, compared with $19.5 million for the prior year period.
2022 Outlook
Koppers remains committed to expanding and optimizing its business and making continued progress toward its long-term financial goals. After considering global economic conditions as well as the ongoing uncertainty associated with geopolitical and supply chain challenges, Koppers expects 2022 sales of approximately $1.9 billion, compared with $1.68 billion in the prior year, and adjusted EBITDA of approximately $230 million for 2022, compared with $223.5 million in the prior year.
The effective tax rate for adjusted net income in 2022 is projected to be approximately 32 percent, compared to the tax rate in 2021, excluding certain income tax effects relating to non-recurring items, of 27 percent. The higher 2022 tax rate is primarily due to higher anticipated interest expense deduction disallowances and the mix of income from domestic and foreign subsidiaries. Accordingly, the 2022 adjusted EPS is forecasted to be approximately $4.10, compared with adjusted EPS of $4.21 in the prior year. The higher tax rate anticipated in 2022 is estimated to have a negative impact on adjusted EPS of approximately $0.31 compared to the prior year.
Koppers expects capital expenditures of approximately $95 million in 2022. Net of cash received from asset sales and property insurance recoveries, Koppers expects its net investment in capital expenditures to be $80 million to $90 million.
Commenting on the forecast, Mr. Ball said, "Once again, it is a testament to the balanced and diversified nature of our business model that we are maintaining our 2022 expectations for adjusted EBITDA of $230 million. A strong economy, improved hardwood supply, and our ability to recapture higher costs from our customers are key factors underpinning our forecast. While a higher estimated effective tax rate will impact our adjusted EPS, we still anticipate that it will be solidly above $4 per share. I remain confident that our strategy of serving essential infrastructure markets will mitigate the impact of economic volatility and continue to sustain our business, as it has throughout the pandemic and now with the conflict in Ukraine."
Dividend Declaration
Koppers also announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share of its common stock. The dividend is payable on June 13, 2022, to shareholders of record as of the close of trading on May 27, 2022.
Share Repurchase Program
During the first quarter, Koppers repurchased 225,683 shares of common stock for an aggregate of $6.4 million, or an average price per share of $28.52.
At March 31, 2022, $84.2 million remained available under the company's stock repurchase authorization. On August 6, 2021, the Board of Directors authorized a $100 million share repurchase program, which has no expiration date.
Investor Conference Call and Webcast
Koppers management will conduct a conference call this morning, beginning at 11:00 a.m. Eastern Time to discuss the company's results for the quarter. Presentation materials will be available at least 15 minutes before the call on www.koppers.com in the Investor Relations section of the company's website.
Interested parties may access the live audio broadcast toll free by dialing 1-833-366-1128 in the United States and Canada, or 1-412-902-6774 for international, Conference ID number 10166495. Participants are requested to access the call at least five minutes before the scheduled start time to complete a brief registration. The conference call will be broadcast live on www.koppers.com and can also be accessed here.
An audio replay will be available approximately two hours after the completion of the call at 1-877-344-7529 for U.S. toll free, 855-669-9658 for Canada toll free, or 1-412-317-0088 for international, using replay access code 2412339. The recording will be available for replay through August 6, 2022.
About Koppers
Koppers, with corporate headquarters in Pittsburgh, Pennsylvania, is an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds. Our products and services are used in a variety of niche applications in a diverse range of end markets, including the railroad, specialty chemical, utility, residential lumber, agriculture, aluminum, steel, rubber, and construction industries. We serve our customers through a comprehensive global manufacturing and distribution network, with facilities located in North America, South America, Australasia, and Europe. The stock of Koppers Holdings Inc. is publicly traded on the New York Stock Exchange under the symbol "KOP."
For more information, visit: www.koppers.com. Inquiries from the media should be directed to Ms. Jessica Franklin at FranklinJM@koppers.com or 412-227-2025. Inquiries from the investment community should be directed to Ms. Quynh McGuire at McGuireQT@Koppers.com or 412-227-2049.
Non-GAAP Financial Measures
This press release contains certain non-GAAP financial measures. Koppers believes that adjusted EBITDA, adjusted EBITDA margin, adjusted net income, adjusted earnings per share, net debt and net leverage ratio provide information useful to investors in understanding the underlying operational performance of the company, its business and performance trends, and facilitate comparisons between periods and with other corporations in similar industries. The exclusion of certain items permits evaluation and a comparison of results for ongoing business operations, and it is on this basis that Koppers management internally assesses the company's performance. In addition, the Board of Directors and executive management team use adjusted EBITDA as a performance measure under the company's annual incentive plans.
Although Koppers believes that these non-GAAP financial measures enhance investors' understanding of its business and performance, these non-GAAP financial measures should not be considered an alternative to GAAP basis financial measures and should be read in conjunction with the relevant GAAP financial measure. Other companies in a similar industry may define or calculate these measures differently than the company, limiting their usefulness as comparative measures. Because of these limitations, these non-GAAP financial measures should not be considered in isolation or as substitutes for performance measures calculated in accordance with GAAP.
See the attached tables for the following reconciliations of non-GAAP financial measures included in this press release: Unaudited Reconciliation of Net Income to Adjusted EBITDA; Unaudited Reconciliation of Net Income Attributable to Koppers and Adjusted Net Income; Unaudited Reconciliation of Diluted Earnings Per Share and Adjusted Earnings Per Share; Unaudited Reconciliation of Total Debt to Net Debt and Net Leverage Ratio; and Unaudited Reconciliation of Net Income to Adjusted EBITDA On A Latest Twelve Month Basis.
Koppers does not provide reconciliations of guidance for adjusted EBITDA and adjusted EPS to comparable GAAP measures, in reliance on the unreasonable efforts exception. Koppers is unable, without unreasonable efforts, to forecast certain items required to develop meaningful comparable GAAP financial measures. These items include, but are not limited to, restructuring and impairment charges, acquisition-related costs, mark-to-market commodity hedging, and LIFO adjustments that are difficult to predict in advance in order to include in a GAAP estimate and may be significant.
Safe Harbor Statement
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and may include, but are not limited to, statements about sales levels, acquisitions, restructuring, declines in the value of Koppers assets and the effect of any resulting impairment charges, profitability and anticipated expenses and cash outflows.
All forward-looking statements involve risks and uncertainties. All statements contained herein that are not clearly historical in nature are forward-looking, and words such as "outlook," "guidance," "forecast," "believe," "anticipate," "expect," "estimate," "may," "will," "should," "continue," "plan," "potential," "intend," "likely," or other similar words or phrases are generally intended to identify forward-looking statements. Any forward-looking statement contained herein, in other press releases, written statements or other documents filed with the Securities and Exchange Commission, or in Koppers communications and discussions with investors and analysts in the normal course of business through meetings, phone calls and conference calls, regarding future dividends, expectations with respect to sales, earnings, cash flows, operating efficiencies, restructurings, the benefits of acquisitions, divestitures, joint ventures or other matters as well as financings and debt reduction, are subject to known and unknown risks, uncertainties and contingencies.
Many of these risks, uncertainties and contingencies are beyond our control, and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. Factors that might affect such forward-looking statements include, among other things, the impact of changes in commodity prices, such as oil and copper, on product margins; general economic and business conditions; existing and future adverse effects as a result of the coronavirus (COVID-19) pandemic; disruption in the U.S. and global financial markets; potential difficulties in protecting our intellectual property; the ratings on our debt and our ability to repay or refinance our outstanding indebtedness as it matures; our ability to operate within the limitations of our debt covenants; potential impairment of our goodwill and/or long-lived assets; demand for Koppers goods and services; competitive conditions; interest rate and foreign currency rate fluctuations; availability and costs of key raw materials; unfavorable resolution of claims against us, as well as those discussed more fully elsewhere in this release and in documents filed with the Securities and Exchange Commission by Koppers, particularly our latest annual report on Form 10-K and any subsequent filings by Koppers with the Securities and Exchange Commission. Any forward-looking statements in this release speak only as of the date of this release, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after that date or to reflect the occurrence of unanticipated events.
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SOURCE Koppers | https://www.kxii.com/prnewswire/2022/05/06/koppers-reports-first-quarter-2022-results/ | 2022-05-06T14:34:45Z |
MINNEAPOLIS and SCOTTSDALE, Ariz., Aug. 10, 2022 /PRNewswire/ -- Data Sales Co., a provider of Lease Financing and IT Asset Disposition (ITAD), has announced the promotion of Dan Gannon to the position of Vice President of Lease Sales. In this new capacity, Gannon will be responsible for strategic alliances and equipment leasing growth.
Gannon started with Data Sales in 1992 as a College intern and was later hired full-time to work in Credit & Collections. In 1996, Dan moved into a Sales role and hasn't looked back. Dan's relationship building skills have been instrumental to Data Sales forging partnerships with several technology manufacturers and independent resellers. In addition, his clients include many Fortune 500 companies, middle market, start up, Venture backed and Private Equity backed companies. All big accomplishments maintaining Data Sales' status as a leader in the industry.
"Dan has decades of leasing skills and knowledge, and continues to be a strong leader and revenue generator. Data Sales appreciates his hard work and dedication not only to Data Sales but to our industry and look forward to his stewardship for years to come," said Paul Breckner, President of Data Sales.
Founded in 1973 by Ron Breckner, Data Sales Co. grew from a home office in Burnsville, MN to an international finance, technology leasing and IT equipment provider.
What started as a company brokering IBM mainframe equipment, expanded into a full-service dealer providing reconfigured, recertified systems and parts while offering technical, financial and transportation services with its fleet of local and over-the-road trucks. In addition to the 200,000 square feet of office-warehouse located in Burnsville MN, Data Sales also operates out of Scottsdale, Arizona.
Today, Data Sales provides a specialized lease finance product that focuses on young, fast-growing companies requiring large amounts of IT hardware. Customers include those providing services over the internet such as Hosting, Cloud, and Managed Services across the globe.
In addition, Data Sales is an ISO 9001, 14001, and 45001 certified company providing an IT Disposition Service (ITAD) solution for business looking for a secure, confident partner to recycle IT hardware.
Media Contact:
Heather Seurer
Data Sales Co.
hseurer@datasales.com
1-800-328-2730
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SOURCE Data Sales Co., Inc. | https://www.wibw.com/prnewswire/2022/08/10/dan-gannon-promoted-vice-president-lease-sales/ | 2022-08-10T19:21:10Z |
NEW YORK, May 13, 2022 /PRNewswire/ -- Modern Aviation today announced it has executed a definitive agreement to acquire Superior Aviation Company's ("SACjet") three Sacramento, CA FBO operations from Sacramento International Jet Center Incorporated (operating as Capitol Jet Center) at Sacramento International Airport, Mather Jet Center, Inc. (operating as Mather Jet Center) at Mather Airport, and Patterson Aviation Company (operating as Executive Jet Center) at Sacramento Executive Airport.
Modern Aviation's CEO, Mark Carmen, said, "We founded Modern Aviation to develop a national network of FBOs. The opportunity to acquire SACjet's three Sacramento FBOs and build upon their well-deserved reputation for client service is another important milestone in executing our strategy. SACjet has a world class staff of professionals at these airports where customers receive world class service every day. Modern intends to hire all of SACjet's current operational employees. One of the benefits of our consolidation strategy is that it creates more career growth opportunities for our team members and more touchpoints for our customers."
Mr. Carmen added, "As the capital of California, Sacramento is a highly attractive, growing general aviation market, and these FBOs provide world class service to a wide range of customers, including general aviation, business aviation, sports team and other VIP charters, military, cargo and commercial airlines. We look forward to continuing to provide industry best practices in customer service and safety to benefit all stakeholders of the Sacramento FBOs. Similar to our other locations, we look forward to developing a strong relationship with the Sacramento County Airport System."
Since their first acquisition in early 2018, Modern has grown to nine locations today, which includes two locations in NY pending airport approval. The three Sacramento FBOs will bring Modern to twelve locations.
"Over the last 25 years, SACjet has continually invested in our people, our community and our facilities here in Sacramento. We assembled a seasoned and dedicated team who have maintained a track record of delivering exceptional customer service." said SACjet founder and CEO, Scott Powell. "Modern Aviation is well positioned to build on our success and further develop the leaseholds to reach their full potential. I'm confident that Modern will provide a great home for the team and our loyal customer base."
Modern expects the acquisition to close in the second quarter or early in the third quarter 2022 following the review and approval of appropriate government agencies.
Modern Aviation is a growing company that is building a national network of premium FBO properties. Modern Aviation's strategy is to acquire and develop FBO operations in growth markets and to focus on providing exceptional service, extraordinary quality and industry-leading safety. Modern Aviation has secured the backing of the growth-oriented infrastructure private equity fund, Tiger Infrastructure Partners. Modern Aviation is actively engaged in pursuing additional FBO acquisitions and development opportunities in North America and the Caribbean. For more information visit: https://modern-aviation.com.
Superior Aviation Company traces its roots back 78 years to when Patterson Aviation Company opened operations at Sacramento Executive Airport. Since 1998, under Scott Powell's leadership, the company expanded to 3 FBO locations to become the largest independent FBO chain in California.
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SOURCE Modern Aviation | https://www.mysuncoast.com/prnewswire/2022/05/13/modern-aviation-agrees-acquire-superior-aviation-companys-three-sacramento-ca-fbos/ | 2022-05-13T14:20:42Z |
NEW YORK, June 24, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of First High-School Education Group Co., Ltd. (NYSE: FHS).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/first-high-school-education-group-co-ltd-loss-submission-form/?id=29045&from=4
This lawsuit is on behalf of all persons or entities who purchased FHS American Depositary Shares in or traceable to the Company's March 2021 initial public offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 11, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, First High-School Education Group Co., Ltd. issued materially false and/or misleading statements and/or failed to disclose that: (a) the new rules, regulations and policies to be implemented by the Chinese government following the Two Sessions parliamentary meetings were far more severe than represented to investors and posed a material adverse threat to the Company and its business; (b) contemplated Chinese regulations and rules regarding private education were leading to a slowdown of government approval to open new educational facilities which would have a negative effect on FHS's enrollment and growth; and (c) as a result, representations made in connection with the Company's initial public offering regarding FHS's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company at the time of the initial public offering, and were materially false and misleading and lacked a factual basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/06/24/fhs-shareholder-alert-jakubowitz-law-reminds-fhs-shareholders-lead-plaintiff-deadline-july-11-2022/ | 2022-06-24T10:26:13Z |
LOS ANGELES (AP) — Model and actor Jerry Hall and media mogul Rupert Murdoch have agreed to the terms of their pending divorce, her attorney said Thursday.
Hall filed a request in Los Angeles Superior Court on Wednesday to dismiss her original petition for divorce from Murdoch, which she filed last month, with permission to file a new one.
Her attorney Judith L. Poller said in an email Thursday that “Jerry and Rupert Murdoch have finalized their divorce. They remain good friends and wish each other the best for the future.”
No details were released on the agreement the two have reached. Hall had sought an unspecified amount of spousal support in her original petition, and cited irreconcilable differences as the reason for the split. She and Murdoch have no children together.
Hall, 66, and Murdoch, 91, married in London in 2016.
It was the fourth marriage for Murdoch. Hall was previously the longtime partner of Mick Jagger. They have four children together. | https://cw33.com/entertainment-news/ap-entertainment/jerry-hall-rupert-murdoch-reach-agreement-on-divorce/ | 2022-08-12T03:19:24Z |
Stark Bites: Crumbl Cookies to open; Charleys opens; Gervasi, Maize Valley win wine awards
Cookie fans are anxiously awaiting the opening of Crumbl Cookies at 6791 Strip Ave. NW in Jackson Twp. The wait won’t be much longer.
According to Crumbl Cookies representative Kadee Jo, the store is schedule to open at the end of June or early July, but “an exact date is yet to be determined.”
Crumbl Cookies will offer a menu that rotates weekly.
“The Milk Chocolate Chip Cookie is always available, and the other five cookies (six cookies total weekly) are rotating specialty flavors,” said Kadee Jo in an email. “We have a flavor bank of more than 175 cookies including fun flavors like Cornbread, Oreo, Blueberry Cheesecake, Kentucky Butter Cake, Molten Lava, and so much more!”
When the store does open, it will have the same hours as all of Crumbl’s more than 450 store, which are 8 a.m. to 10 p.m. Monday through Thursday, and 8 a.m. to noon Friday and Saturday.
Friends of the Massillon Museum to host Breakfast with Tiffanys Fundraiser
On Saturday, the Friends of the Massillon Museum plans a fundraiser, Breakfast with Tiffanys, at St. Timothyʼs Episcopal Church, 226 Third St. SE, in Massillon. Breakfast will be served from 8 to 10:30 a.m. and will include pancakes, sausages, applesauce, juice and coffee.
Joel Vogt will lead a group of volunteers to cook and serve the breakfast, while historian Margy Vogt will offer tours of St Timothy’s, including seeing the stained-glass windows created by Louis C. Tiffany in New York City.
The cost is $20 per person, and reservations are preferred. They may be made by mailing a check to Friends of the Massillon Museum, 1170 Lennox Avenue NE, Massillon OH 44646. Name and address must be included, and no corporate checks will be accepted.
Ticket money and donations will be used to help defray the cost of placing the Massillon Museumʼs levy on the ballot this fall.
For almost 90 years, the Massillon Museum has maintained the historical records of the community.
According to a news release from Margy Vogt, the majority of funding for the museum comes from a property tax levy, which must be approved by Massillon voters every five years. Museum operating funds may not be used for ballot efforts.
Charleys Philly Steaks opens location in North Canton
Charleys Philly Steaks recently opened another location in Stark County. The latest Charleys is located at 1420 N. Main St. in North Canton. It is in the former site of a Wendy's restaurant.
The menu at Charleys includes cheesesteaks, gourmet fries, fruit lemonades, classic and boneless wings and a kids meal. Catering is available.
Charleys is open 11 a.m. to 10 p.m. Monday through Saturday and noon to 9 p.m. Sunday at this location.
Another location opened at 6787 Strip Ave NW. in Jackson Twp. in March 2021 in the former site of Menchie’s Frozen Yogurt. Charleys has a third Stark County location inside Belden Village Mall.
New restaurant to be chosen:Taste for the Space brings restaurant competition to Belden Village Mall
Gervasi Vineyard Wins Overall Best of Show in 2022 Ohio Wine Competition
Gervasi Vineyard won more awards for its Sognata Ice Wine. This time, the winery was awarded Overall Best of Show, Best of Ohio and Best of Dessert Wine for the Sognata Ice Wine at the 2022 Ohio Wine Competition.
Held May 17-18 at the Lodge at Geneva-on-the-Lake, the competition had 386 entries, judged by an expert panel chosen by the Ohio Wine Competition Advisory Board to determine wine quality and award designations.
The competition has been around for more than 40 years, and the Best of Ohio classification started in 2019. It is awarded to the Best of Show wines that “were made from a minimum of 90% Ohio-grown American/Labrusca, hybrid and Vinifera grape varieties, and have received the Ohio quality wine seal designation,” according to a press release from Gervasi Vineyard.
Sognata Ice Wine is a dessert wine made from grapes that have been frozen while still on the vine. According to the statement released by Gervasi Vineyard, the sugars and other dissolved solids do not freeze, but the water does, allowing a more concentrated grape juice to be pressed from the frozen grapes.
This results in a smaller amount of a more concentrated and richer wine. The wine is intense and sweet with aromas of honey, pear, apricot and tangerine.
Along with winning Overall Best of Show, Best of Ohio and Best of Ohio Dessert Wine, Sognata was awarded a double gold medal in the competition. Gervasi also received two gold medals Piove (Riesling) and Fioretto (Sauvignon Blanc). Three silver medals were awarded to Ciao Bella (Chardonnay), Lucello (Pinot Grigio) and Romanza (Rosé).
All GV Destination restaurants offer the award-winning wines. The wines also can be purchased from The Still House, The Crush House and the recently expanded Marketplace Gift Shop.
Maize Valley wins Ohio Department of Agriculture Director’s Choice award for Reserve Blanc wine
Maize Valley Winery & Craft Brewery has won a statewide award from the Ohio Department of Agriculture.
The Marlboro Township winery and three other Ohio winemakers were honored as Director’s Choice recipients at an event held at the Statehouse in May for retailers, distributors, restaurateurs and winery owners.
Winners were chosen for best red, white and specialty wines made from Ohio-grown grapes. Nearly 20 Ohio wines were evaluated by a panel of judges.
Maize Valley Winery & Craft Brewery, at 6193 Edison St. NE, won in the best white wine category for its Reserve Blanc.
On its website, Maize Valley describes this wine as a "new vintage, dry white blend with lovely citrus aromas and flavors. Crisp and bright, this is the perfect summer patio wine!”
Director’s Choice award recipients are eligible for Ohio Quality Wine designation, which was created in 2007 by the Ohio Grape Industries Committee. It is assigned to wines made from at least 90% Ohio-grown grapes.
To have this designation, the wines must also achieve "at least 15 of 20 points on a sensory evaluation and pass a chemical analysis before receiving the quality seal," according to the Ohio Department of Agriculture.
A complete list of Ohio Quality Wines can be found online at findohiowines.com.
According to its site, Maize Valley Winery & Craft Brewery attracts tens of thousands of visitors every year. Its wine lineup consists of 15 varieties. The grounds offer plenty of events throughout the year, and there is a market and restaurant, serving lunch and dinner. Maize Valley offers wine tastings and also has a large beer menu.
Note: I should note that Ed Balint, who has been covering food and entertainment news, hasn't gone anywhere. There's a lot of news happening around food and entertainment, so he's focusing solely on entertainment news now. | https://www.cantonrep.com/story/lifestyle/food/2022/06/15/crumbl-cookies-open-charleys-opens-two-stark-county-wineries-win-awards/10003203002/ | 2022-06-15T12:01:07Z |
NEW YORK, May 23, 2022 /PRNewswire/ -- Attention Natera, Inc. ("Natera") (NASDAQ: NTRA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Natera common stock between February 26, 2020, and April 19, 2022, inclusive.
If you suffered a loss on your investment in Natera, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/natera-inc-loss-submission-form?prid=27514&wire=4
ABOUT THE ACTION: The class action against Natera includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's non-invasive prenatal test, Panorama, was not reliable and resulted in high rates of false positives; (2) the Company's screening test for kidney transplant failure, Prospera, did not have superior precision compared to competing tests; (3) as a result of defendants' false and misleading claims about Natera's technology, the Company was exposed to substantial legal and regulatory risks; (4) Natera relied upon deceptive sales and billing practices to drive its revenue growth; and (5) as a result of the foregoing, defendants' statements about the company's business, operations, and prospects lacked a reasonable basis.
DEADLINE: June 27, 2022
Aggrieved Natera investors only have until June 27, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/05/23/class-action-alert-law-offices-vincent-wong-remind-natera-investors-lead-plaintiff-deadline-june-27-2022/ | 2022-05-23T10:51:04Z |
CALGARY, AB, June 30, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the notice of Vermilion's intention to commence a normal course issuer bid ("NCIB") through the facilities of the Toronto Stock Exchange ("TSX"), New York Stock Exchange and other alternative trading platforms in Canada and USA.
The NCIB allows Vermilion to purchase up to 16,076,666 common shares, representing approximately 10% of its public float as at June 22, 2022, over a twelve month period commencing on July 6, 2022. The NCIB will expire no later than July 5, 2023. The total number of common shares Vermilion is permitted to purchase on the TSX is subject to a daily purchase limit of 513,299 common shares, representing 25% of the average daily trading volume of 2,053,198 common shares on the TSX calculated for the six-month period ended May 31, 2022; however, Vermilion may make one block purchase per calendar week which exceeds the daily repurchase restrictions. Any common shares that are purchased under the NCIB will be cancelled upon their purchase by Vermilion.
In connection with the NCIB, Vermilion will enter into an automatic purchase plan ("ASPP") with its designated broker to allow for purchases of its common shares during self-imposed blackout periods. Such purchases would be at the discretion of the broker based on parameters provided by the Company prior to any self-imposed blackout period or any period when it is in possession of material undisclosed information. The ASPP has been pre-cleared, as required by the TSX. Outside of these blackout periods, common shares may be purchased under the NCIB in accordance with Management's discretion.
Vermilion has a long history of returning capital to its shareholders as we have paid out over $40 per share in dividends since 2003. Our primary focus over the past two years has been on debt reduction and we have made significant progress allowing us to reinstate shareholder returns. In addition, we have increased our European gas production which has increased our international cash flows to 60%, consistently delivered production within market guidance and significantly increased the depth and quality of our North America drilling inventory. As a first step in resuming our return of capital to shareholders, we implemented a modest quarterly dividend earlier this year and we were clear about our intention to further augment shareholder returns as debt targets were achieved. With a clear line of sight to achieving our next mid-cycle(1) debt target of $1.2 billion, a greater proportion of free cash flow(2) can now be directed to our shareholders. Share buybacks continue to screen as one of the most compelling options for returning capital as we believe our common shares are trading at a price that does not appropriately reflect value relative to the $1.8 billion(3) pro forma free cash flow projected for 2022. At our current share price, the full execution of this NCIB would represent less than one-quarter of our projected 2022 pro forma free cash flow. Our international and diversified portfolio generates robust free cash flow due to the top decline netback, low decline and strong capital efficiencies.
We look forward to sharing further details on our return of capital framework with our Q2 2022 release in August.
About Vermilion
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. Our business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.
Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We have been recognized by leading ESG rating agencies for our transparency on and management of key environmental, social and governance issues. In addition, we emphasize strategic community investment in each of our operating areas.
Employees and directors hold approximately 4% of our outstanding shares and are committed to delivering long-term value for all stakeholders. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.
Disclaimer
Certain statements included or incorporated by reference in this document may constitute forward-looking statements or financial outlooks under applicable securities legislation. Such forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", or similar words suggesting future outcomes or statements regarding an outlook. Forward looking statements or information in this document may include, but are not limited to: capital expenditures and Vermilion's ability to fund such expenditures; Vermilion's additional debt capacity providing it with additional working capital; the flexibility of Vermilion's capital program and operations; business strategies and objectives; operational and financial performance; estimated volumes of reserves and resources; petroleum and natural gas sales; future production levels and the timing thereof, including Vermilion's 2022 guidance, and rates of average annual production growth; the effect of changes in crude oil and natural gas prices, changes in exchange rates and significant declines in production or sales volumes due to unforeseen circumstances; the effect of possible changes in critical accounting estimates; statements regarding the growth and size of Vermilion's future project inventory, and the wells expected to be drilled in 2022; exploration and development plans and the timing thereof; Vermilion's ability to reduce its debt, including its ability to redeem senior unsecured notes prior to maturity; statements regarding Vermilion's hedging program, its plans to add to its hedging positions, and the anticipated impact of Vermilion's hedging program on project economics and free cash flows; the potential financial impact of climate-related risks; acquisition and disposition plans and the timing thereof; operating and other expenses, including the payment and amount of future dividends; royalty and income tax rates and Vermilion's expectations regarding future taxes and taxability; and the timing of regulatory proceedings and approvals.
Such forward-looking statements or information are based on a number of assumptions, all or any of which may prove to be incorrect. In addition to any other assumptions identified in this document, assumptions have been made regarding, among other things: the ability of Vermilion to obtain equipment, services and supplies in a timely manner to carry out its activities in Canada and internationally; the ability of Vermilion to market crude oil, natural gas liquids, and natural gas successfully to current and new customers; the timing and costs of pipeline and storage facility construction and expansion and the ability to secure adequate product transportation; the timely receipt of required regulatory approvals; the ability of Vermilion to obtain financing on acceptable terms; foreign currency exchange rates and interest rates; future crude oil, natural gas liquids, and natural gas prices; and management's expectations relating to the timing and results of exploration and development activities.
Although Vermilion believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Vermilion can give no assurance that such expectations will prove to be correct. Financial outlooks are provided for the purpose of understanding Vermilion's financial position and business objectives, and the information may not be appropriate for other purposes. Forward-looking statements or information are based on current expectations, estimates, and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Vermilion and described in the forward-looking statements or information. These risks and uncertainties include, but are not limited to: the ability of management to execute its business plan; the risks of the oil and gas industry, both domestically and internationally, such as operational risks in exploring for, developing and producing crude oil, natural gas liquids, and natural gas; risks and uncertainties involving geology of crude oil, natural gas liquids, and natural gas deposits; risks inherent in Vermilion's marketing operations, including credit risk; the uncertainty of reserves estimates and reserves life and estimates of resources and associated expenditures; the uncertainty of estimates and projections relating to production and associated expenditures; potential delays or changes in plans with respect to exploration or development projects; Vermilion's ability to enter into or renew leases on acceptable terms; fluctuations in crude oil, natural gas liquids, and natural gas prices, foreign currency exchange rates and interest rates; health, safety, and environmental risks; uncertainties as to the availability and cost of financing; the ability of Vermilion to add production and reserves through exploration and development activities; the possibility that government policies or laws may change or governmental approvals may be delayed or withheld; uncertainty in amounts and timing of royalty payments; risks associated with existing and potential future law suits and regulatory actions against Vermilion; and other risks and uncertainties described elsewhere in this document or in Vermilion's other filings with Canadian securities regulatory authorities.
The forward-looking statements or information contained in this document are made as of the date hereof and Vermilion undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events, or otherwise, unless required by applicable securities laws.
Financial data contained within this document are reported in Canadian dollars unless otherwise stated.
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SOURCE Vermilion Energy Inc. | https://www.kxii.com/prnewswire/2022/07/04/vermilion-energy-inc-receives-tsx-approval-normal-course-issuer-bid/ | 2022-07-04T12:41:09Z |
Man saves grandfather, 3 grandkids from fiery car crash
REGISTER, Ga. (WJCL) - A Georgia man was in the right place at the right time to save a grandfather and his three grandchildren after their truck veered off the road and burst into flames.
Grandfather Steven Wild was driving down Georgia Highway 46 when he fell asleep at the wheel, according to the Georgia State Patrol. His F-250 was hauling a dozen cattle in a trailer, and his grandchildren were with him in the truck.
GSP says Wild shifted into the opposite lane and went off the road at an embankment. His truck flipped on its side before bursting into flames.
Shortly after, Sam Pitout and his daughter drove by and spotted the smoke.
“When I first saw the truck, I assumed there were no survivors in it,” Pitout said.
But Pitout quickly jumped into action when he realized that there were four people alive in the burning car.
“I climbed on top and between him [Wild] and I, we were able to pry that driver’s door open maybe about a foot and had three small kids get out,” Pitout said.
Once the children were out, Pitout rescued Wild, as well. Within five minutes, he says the entire truck was engulfed in flames.
“It could’ve been a lot worse. Let’s put it that way. I was just happy everybody made it out,” Pitout said.
Pitout says he doesn’t think he’s a hero but “just an average guy.” He and a friend were able to herd 10 cows back after the crash, but two are still missing.
Copyright 2022 WJCL via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/04/man-saves-grandfather-3-grandkids-fiery-car-crash/ | 2022-08-04T08:01:32Z |
NEW YORK, June 23, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Axsome Therapeutics, Inc. (NASDAQ: AXSM) between December 30, 2019 and April 22, 2022, inclusive (the "Class Period"), of the important July 12, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Axsome securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Axsome class action, go to https://rosenlegal.com/submit-form/?case_id=2221 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 12, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Axsome's chemistry, manufacturing, and control ("CMC") practices were deficient with respect to AXS-07 and its manufacturing process; (2) as a result, Axsome was unlikely to submit the AXS-07 New Drug Application ("NDA") on its initially represented timeline; (3) the foregoing CMC issues remained unresolved at the time that the U.S. Food and Drug Administration ("FDA") reviewed the AXS-07 NDA; (4) accordingly, the FDA was unlikely to approve the AXS-07 NDA; (5) as a result of all the foregoing, Axsome had overstated AXS-07's regulatory and commercial prospects; and (6) as a result, Axsome's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Axsome class action, go to https://rosenlegal.com/submit-form/?case_id=2221 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/06/23/axsm-loss-alert-rosen-nationally-regarded-investor-counsel-encourages-axsome-therapeutics-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-axsm/ | 2022-06-23T19:23:13Z |
Leading broadband provider's fastest internet speeds yet now available to residential customers
ENGLEWOOD, Colo., July 12, 2022 /PRNewswire/ -- WOW! Internet, Cable & Phone (NYSE: WOW), a leading broadband services provider, today announced the launch of its 1.2 Gig high speed data (HSD) tier in all markets it serves. This highest speed tier is available for all new WOW! residential customers and available as an upgrade for existing residential customers.
The new speed tier offers 1.2 Gig download speeds and 50 Mbps upload speeds to support even faster Internet capabilities for residential customers – for work, entertainment, connecting with friends and family, and more – enabling simultaneous streaming, instantaneous downloads, professional-level gaming, and frictionless livestreaming.
"As part of our dedication to bringing customers the fastest, most reliable broadband speeds available, we're now able to offer our fastest speeds yet across our markets with 1.2 Gig service," said Henry Hryckiewicz, chief technology officer for WOW!. "Our ability to offer these speeds is just the latest demonstration of the deep capabilities available with our robust fiber network. Our customers now have even more options for staying connected and we look forward to seeing them benefit from it."
Ongoing effects from the pandemic have reinforced WOW!'s commitment to bring even faster speeds to customers. With changing dynamics for how we work, learn and play, consumers need a reliable internet connection, with 81 percent of adults saying they've used bandwidth-hungry video calls since the onset of the pandemic according to Pew Research Center.
Along with its blazing fast 1.2 Gig speeds, WOW! is offering a free modem for the duration that the customer is subscribed to the plan, unlimited data usage where applicable and a $5.00 AutoPay discount. To learn more about WOW! and to see if 1.2 Gig speeds are available in your area, please visit www.wowway.com or call 800-560-1824.
WOW! is one of the nation's leading broadband providers, with an efficient, high-performing network that passes 1.9 million residential, business and wholesale consumers. WOW! provides services in 14 markets, primarily in the Midwest and Southeast, including Michigan, Alabama, Tennessee, South Carolina, Florida and Georgia. With an expansive portfolio of advanced services, including high-speed Internet services, cable TV, phone, business data, voice, and cloud services, the company is dedicated to providing outstanding service at affordable prices. WOW! also serves as a leader in exceptional human resources practices, having been recognized eight times by the National Association for Business Resources as a Best & Brightest Company to Work For, winning the award for the last four consecutive years. Visit wowway.com for more information.
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SOURCE WideOpenWest, Inc. | https://www.wibw.com/prnewswire/2022/07/12/wow-launches-12-gig-speeds-across-entire-footprint/ | 2022-07-12T13:44:54Z |
Smith's appointment supports MainStem's vision to power the digital and data-driven transformation of the global cannabis supply chain
SEATTLE, April 12, 2022 /PRNewswire/ -- MainStem, the leading B2B supply chain and integrated procurement platform for the cannabis industry — today announced the expansion of its board with the pivotal appointment of Microsoft's Field Chief Data Officer for the West, Matthew Smith. Smith has enjoyed a distinguished and impressive nine year tenure at Microsoft where he has helped shape global enterprise business transformation initiatives across a variety of B2B & B2C industries from supply chain, high-tech, retail, manufacturing, healthcare, media & entertainment, telecommunications, and more.
"I am honored that MainStem has entrusted me with this role, and I believe it is a testament to our shared belief that businesses' desire for speed, transparency, trust and real time intelligent decision support are always top drivers of enterprise maturity," stated Matthew Smith.
Joining Thomas Harrison, Senior Operating Partner at Merida Capital Holdings and MainStem Chairman and CEO, Alen Nguyen, Smith will serve through 2024 to provide strategic guidance on data analytics innovation, giving MainStem's vast ecosystem of cannabis companies and global suppliers an aggregated market read that provides real-time visibility into cannabis supply chain trends and personalized business opportunities.
"It takes time to switch from making gut-based, reactive decisions to making decisions based on business data, and yet data-driven companies always have a strategic advantage over their competition including increased agility and communication around mergers and acquisitions; with M+A activity presently leading the game in cannabis, I'm personally very excited to be joining the board of a company so well poised to powerfully revolutionize it," added Smith.
Smith's appointment comes at a watershed moment for both the history of MainStem and the industry at large. Honored by INC. Magazine in its prestigious annual '5000 Fastest-Growing Private Companies in America' list, MainStem has enjoyed a 433% sales growth in the last two years, with its B2B supply chain platform roughly processing over nineteen thousand purchase orders and one hundred thousand shipments since 2020.
"Every quarter, MainStem onboards an average of five new MSOs and all of their locations across the U.S., signifying the cannabis industry's great need for and rapid adoption of SaaS integrated supply chain and procurement technology," explained Alen Nguyen. "With Matthew Smith's addition to our board, MainStem will be able to soon equip our clients with global supply chain intelligence, captured in real-time, across our global ecosystem. Forecasting can help improve planning processes, increase optionality, predict variations in demand and prevent costly supply chain bottlenecks."
Added Smith: "When various business groups produce their own versions of reports, the enterprise isn't talking the same language on the same set of numbers. That creates confusion, inaccuracy, and, more importantly, ill-informed and costly decisions that rapidly growing MSOs simply cannot afford. Instead, when everyone across a company's footprint comes together around one version of truth - with MainStem as a visible industry sponsor "letting the data tell the story," they have the same baseline for what's happening. MainStem already makes this possible for MSOs. My job will be to help create one version of truth, shape industry data consumption patterns and performance indicators for the global ecosystem at large."
ABOUT MAINSTEM
Innovating the supply chain at the speed of cannabis.
Founded in 2014, MainStem is the leading B2B integrated supply chain platform for the cannabis industry. An integrated SaaS provider, MainStem innovates through the alignment of its proprietary Purchase Pro™product, the industry's first and only cannabis-specific procurement software. Dedicated to supporting cannabis companies' growth through robust technology and partnerships with growers, manufacturers, and dispensaries, MainStem offers a one-stop 'Amazon solution' that works for businesses in all states where cannabis companies legally operate. MainStem proudly serves top Multi-State and Single-State Operators across North America with a real Partnership mentality, collaborating on helping evolve the Cannabis industry collectively.
Learn more at mainstem.io.
PRESS CONTACT:
HOLLY AUBRY / HAUBRY@HUMANNATUREPR.COM / 646.943.0541
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SOURCE MainStem | https://www.mysuncoast.com/prnewswire/2022/04/12/supply-chain-disrupter-mainstem-taps-microsofts-field-chief-data-officer-matthew-smith-board-directors/ | 2022-04-12T19:19:51Z |
Nashville-based Business Recognized by Security Operations Leader
NASHVILLE, Tenn., June 30, 2022 /PRNewswire/ -- WrightCore, a ConvergeOne Company has been named Arctic Wolf's Managed Service Partner (MSP) Partner of the Year for 2022. This honor recognizes the company's commitment to improving its customers' cybersecurity posture through a strategic partnership with Arctic Wolf that focuses on joint business growth and planning, engagement and training, demand generation, and executive and security practice alignment.
"By pairing Arctic Wolf's leading security operation solutions with our end-to-end suite of managed services, our partnership has brought our customers great success. We are thankful for our partnership, Arctic Wolf's commitment to us, and the teamwork we demonstrate in delivering robust security platforms, solutions and expertise," said Scott Byers, Regional Vice President, WrightCore, a ConvergeOne Company. "Our customers can expect a comprehensive and proven risk management experience with Arctic Wolf and WrightCore, a ConvergeOne Company."
Celebrating their fifth year, the Arctic Wolf Partner of the Year Awards honor top-performing partners for their achievements in helping organizations improve their security operations through the use of Arctic Wolf solutions and for their commitment to shared customer success through a partnership with Arctic Wolf.
Founded in 2016, WrightCore, a ConvergeOne Company serves clients nationally and globally in all industry verticals. Its architects, engineers, consultants, and support professionals help its clients use products, services, software and devices to solve, envision and understand new possibilities for their business. In November 2021, WrightCore was acquired by ConvergeOne, the preeminent services-led provider of cloud, collaboration, and digital modernization solutions. Through ConvergeOne's broad reach and diverse partner portfolio, the acquisition enhances WrightCore's ability to serve the technology and service needs of its clients.
"The Arctic Wolf partner community continues to lead the way in embracing security operations and playing a transformative role in the security journey of their customers," said Will Briggs, vice president of Americas Channels and Program, Arctic Wolf. "Our Partner of the Year Awards recognize and celebrate those partners who share our mission to end cyber risk, and we congratulate the winners on their significant achievements."
Arctic Wolf is a global leader in security operations, who pioneered a cloud-native security operations platform designed to end cyber risk. Built on open XDR architecture, the Arctic Wolf Security Operations Cloud ingests and analyzes more than two trillion security events a week across endpoint, network, and cloud sources to deliver critical security outcomes and optimize an organization's disparate security solutions. Now deployed to more than 2,700 customers worldwide, the Arctic Wolf Platform delivers automated threat detection and response at scale and empowers organizations of virtually any size to establish security operations with the push of a button.
Additional Resources
- For more information about WrightCore, a ConvergeOne Company, visit www.wrightcore.com.
- For more information about Arctic Wolf, please visit www.arcticwolf.com.
About WrightCore, a ConvergeOne Company
WrightCore, a ConvergeOne Company, is an IT solutions and managed services provider with specialization in architecting and engineering data center, infrastructure, security and unified communications solutions. WrightCore provides integrated technology services across the IT lifecycle, including planning, deployment, support and services. Up and down the IT stack from infrastructure to applications, WrightCore is your trusted technology partner.
About ConvergeOne
ConvergeOne is a proven, services led cloud and applications solution provider that utilizes its intellectual property and unique methodologies to create value for customers and develop progressive solutions that connect people with purpose. Over 14,000 enterprise and mid-market customers trust ConvergeOne to achieve their business outcomes with cloud, collaboration, enterprise networking, data center and cybersecurity solutions. Our investments in cloud infrastructure and professional and managed services provide transformational opportunities for customers to achieve financial and operational benefits with leading technologies. Our 2021 NPS of 80, placing us in the World Class category for the fourth consecutive year, is a testament to our ability to provide customers with the highest level of customer satisfaction, responsiveness, and expertise. ConvergeOne has partnerships with more than 300 global industry leaders, including Avaya, AWS, Cisco, Dell Technologies, Genesys, IBM, and Microsoft to customize specific business outcomes. We deliver solutions with a total lifecycle approach, including strategy, design, and implementation with professional, managed and support services. ConvergeOne holds more than 5,600 technical certifications across hundreds of engineers throughout North America, including three Customer Success Centers. More information is available at convergeone.com.
Press Contact
WrightCore, a ConvergeOne Company
Wendy Munnell, 615-610-3410
wmunnell@convergeone.com
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SOURCE ConvergeOne | https://www.wibw.com/prnewswire/2022/06/30/wrightcore-convergeone-company-named-2022-managed-service-provider-msp-partner-year-by-arctic-wolf-protecting-customers-with-leading-cyber-security-solutions/ | 2022-06-30T12:37:24Z |
LAS VEGAS (AP) — A Nevada woman has lost her bid in a U.S. court to force international soccer star Cristiano Ronaldo to pay millions of dollars more than the $375,000 in hush money she received after claiming he raped her in Las Vegas in 2009.
U.S. District Judge Jennifer Dorsey in Las Vegas kicked the case out of court on Friday to punish the woman’s attorney, Leslie Mark Stovall, for “bad-faith conduct” and the use of leaked and stolen documents detailing attorney-client discussions between Ronaldo and his lawyers. Dorsey said that tainted the case beyond redemption.
Dorsey said in her 42-page order that dismissing a case outright with no option to file it again is a severe sanction, but said Ronaldo had been harmed by Stovall’s conduct.
“I find that the procurement and continued use of these documents was bad faith, and simply disqualifying Stovall will not cure the prejudice to Ronaldo because the misappropriated documents and their confidential contents have been woven into the very fabric of (plaintiff Kathryn) Mayorga’s claims,” the ruling said. “Harsh sanctions are merited.”
Stovall did not immediately respond Saturday to telephone and email messages. Text messages to associate Larissa Drohobyczer were not answered. They could appeal the decision to the 9th U.S. Circuit Court of Appeals in San Francisco.
In a statement referring to Mayorga only as “plaintiff,” Ronaldo’s attorney in Las Vegas, Peter Christiansen, said Cristiano’s legal team welcomed the decision.
“We have maintained the action was brought in bad faith,” the statement said. “The outright dismissal of plaintiff’s case should give all who follow this matter renewed confidence in the judicial process in this country while dissuading those who seek to undermine it.”
The Associated Press generally does not name people who say they are victims of sexual assault, but Mayorga gave consent through Stovall and Drohobyczer to make her name public.
Dorsey had signaled earlier this year that she was ready to end the case after Stovall failed to meet a procedural deadline in his bid for more than $25 million in damages based on allegations that Ronaldo or his associates violated a 2010 confidentiality agreement by letting reports about it appear in European publications in 2017.
Mayorga’s civil lawsuit — filed in 2018 in state court and moved in 2019 to federal court — alleged that Ronaldo or his associates violated the confidentiality agreement before the German news outlet Der Spiegel published an article titled “Cristiano Ronaldo’s Secret” based on documents obtained from “whistleblower portal Football Leaks.”
Ronaldo’s legal team blamed the reports on electronic data leaks of documents hacked from law firms and other entities in Europe and put up for sale. Christiansen alleged also that information was altered or fabricated.
Christiansen and attorney Kendelee Works in Las Vegas successfully fought since the case emerged in 2018 to prevent the pact from disclosure.
Mayorga is a former model and teacher who lives in the Las Vegas area. Her lawsuit said she met Ronaldo at a nightclub and went with him and other people to his hotel suite, where she alleged he assaulted her in a bedroom. She was 25 at the time. He was 24.
Ronaldo’s legal team does not dispute Ronaldo met Mayorga and they had sex in June 2009, but maintained it was consensual and not rape.
Mayorga went to Las Vegas police at the time, but the investigation was dropped because Mayorga neither identified her alleged attacker by name nor said where the incident took place, police and prosecutors said.
Ronaldo, now 37, is one of the most highly paid and recognizable sports stars in the world. He plays for the English Premier League club Manchester United and has captained the national team of his home country, Portugal. He spent several recent years playing in Italy for the Turin-based club Juventus.
Las Vegas police reopened their rape investigation after Mayorga’s lawsuit was filed, but Clark County District Attorney Steve Wolfson decided in 2019 not to pursue criminal charges.
Wolfson, the elected public prosecutor in Las Vegas, said too much time had passed and evidence failed to show that Mayorga’s accusation could be proved to a jury beyond a reasonable doubt.
Stovall maintained that Mayorga didn’t break the hush-money settlement. Her lawsuit sought to void it, accusing Ronaldo and reputation-protection “fixers” of conspiracy, defamation, breach of contract, coercion and fraud. In documents filed last year, Stovall tallied damages at $25 million plus attorney fees.
The attorney argued that Mayorga had learning disabilities as a child and was so pressured by Ronaldo’s attorneys and representatives that she was in no condition to consent to dropping her criminal complaint and accepting the $375,000 in August 2010.
Dorsey followed recommendations from U.S. Magistrate Judge Daniel Albregts, who handled preliminary and procedural rulings in the case, that it be dismissed for bad faith, “inappropriate conduct” by Stovall and reliance on the leaked and stolen confidential documents.
“There is no possible way for this case to proceed where the court cannot tell what arguments and testimony are based on these privileged documents,” Albregts said in an October 2021 report to Dorsey.
Stovall “acted in bad faith by asking for, receiving, and using the Football Leaks documents to prosecute Mayorga’s case,” Albregts wrote. He blamed Stovall for “audacious,” “impertinent” and “abusive” attempts to make the confidentiality agreement public through legal maneuvers and the court record and recommended to Dorsey that she reject Stovall’s claim that Mayorga lacked the mental capacity to sign the 2010 agreement.
The 9th Circuit ruled early this year that it would be up to Dorsey to decide that question.
It was not immediately clear in Dorsey’s ruling whether the public might still get a look at the Las Vegas police report compiled about Ronaldo after Mayorga filed her lawsuit in 2018.
Albregts said in March that denying the New York Times access to what police collected “would almost certainly raise the ‘specter of government censorship.’” He recommended that Dorsey transfer to a state court the newspaper’s open-records request for documents.
A protective order that Dorsey imposed to prevent the release of the 2010 agreement doesn’t apply to the Las Vegas Metropolitan Police Department, Albregts found, and “does not bar LVMPD from disseminating its criminal investigative file.”
Attorney Margaret McLetchie, representing the newspaper, did not immediately respond Saturday to a message about that case. | https://cw33.com/sports/ap-sports/us-judge-dismisses-cristiano-ronaldo-rape-lawsuit-in-vegas/ | 2022-06-12T11:31:29Z |
LONDON (AP) — A jury deliberated for just 18 minutes Monday before finding a fervent Islamic State supporter guilty of stabbing lawmaker David Amess to death a slaying that shocked the nation and sparked calls for increased police protection for politicians.
Ali Harbi Ali, 26, was found guilty by London’s Central Criminal Court of murder and preparing terrorist acts. Ali stabbed the veteran British lawmaker to death last year while he was meeting with voters at a church hall in eastern England.
Ali, who had spent years researching and planning potential attacks on lawmakers, had defended his actions by saying Amess deserved to die as a result of voting for airstrikes on Syria in 2014 and 2015.
Ali, a London man with Somali heritage, had denied charges of murder and preparing acts of terrorism.
Opening the trial, prosecutor Tom Little said the case was “nothing less than an assassination” carried out because of a “warped and twisted and violent ideology.”
“It was a murder carried out by that young man who for many years had been planning just such an attack and who was, and is, a committed, fanatical, radicalized Islamist terrorist,” he said.
Little said Ali bought the knife used to attack Amess five years earlier, and that Ali tricked his way into meeting Amess by pretending to be one of his constituents.
Amess, 69, had been a member of Parliament since 1983. He was pronounced dead at the scene after the stabbing.
The prosecutor also said that Ali had researched and planned attacks on lawmakers and the Parliament building from at least 2019. The research included reconnaissance trips targeting work and home addresses of two other lawmakers, Mike Freer and Cabinet member Michael Gove, he added.
The slaying of Amess shook the nation, as lawmakers often meet directly with the public. It came five years after Labour Party lawmaker Jo Cox was shot and stabbed to death by a far-right extremist. | https://cw33.com/news/international/ap-international/is-fanatic-found-guilty-of-killing-uk-lawmaker-david-amess/ | 2022-04-12T00:16:00Z |
Avalanche beat Hurricanes 7-4, wrap up top seed in West
By PAT GRAHAM
AP Sports Writer
DENVER (AP) — J.T. Compher and Nathan MacKinnon each scored twice, Ben Meyers added a goal in his NHL debut and the Colorado Avalanche clinched the top seed in the Western Conference with a 7-4 win over the Carolina Hurricanes. Alex Newhook and Mikko Rantanen also scored. Darcy Kuemper stopped 29 shots to help Colorado run its winning streak to nine straight. The Avalanche have amassed an NHL-best 116 points and move two away from tying the 2000-01 Stanley Cup squad for most points during a season in club history. Jordan Staal scored twice while Andrei Svechnikov and Sebastian Aho each added goals. | https://localnews8.com/sports/ap-national-sports/2022/04/16/avalanche-beat-hurricanes-7-4-wrap-up-top-seed-in-west/ | 2022-04-17T05:26:03Z |
PITTSFIELD, Mass., July 20, 2022 /PRNewswire/ -- General Dynamics Mission Systems, a business unit of General Dynamics (NYSE: GD), announced today it was awarded a U.S. Navy contract to support development, production and installation of fire control systems for the Columbia- and Dreadnought-classes of ballistic missile submarines.
The contract as awarded has a value of $272.9 million over the next six years. This contract is the second for General Dynamics Mission Systems and is comprised of development, production and installation support for U.S. and U.K. submarine strategic weapons systems and subsystems. It will also support strategic weapons systems upgrades on currently fielded U.S. and U.K. strategic ballistic missile submarines. Work will primarily be performed in Pittsfield, Massachusetts, and is expected to be complete by July 2028.
General Dynamics Mission Systems' Maritime and Strategic Systems line of business will deliver the fire control system for the U.S. Navy's second and third Columbia-class submarine and the third U.K. Dreadnought class submarine as well as installation support and pre-deployment planning for both U.S. and U.K. sites. This contract also includes Columbia and Dreadnought design completion scope and continuation of design activities for the first planned refresh of the Columbia and Dreadnought fire control system.
"The U.S Columbia and U.K. Dreadnought class submarines are of strategic importance to our nation and our allies. General Dynamics has been supporting previous submarine programs for more than 65 years and we are extending our support through the development, production and installation of mission critical systems for this new fleet of submarines," said Carlo Zaffanella, vice president and general manager at General Dynamics Mission Systems.
General Dynamics Mission Systems provides mission-critical solutions for defense, intelligence and cybersecurity customers across all domains. Headquartered in Fairfax, Virginia, General Dynamics Mission Systems employs approximately 13,000 people worldwide. More information about General Dynamics Mission Systems is available at gdmissionsystems.com.
General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 100,000 people worldwide and generated $38.5 billion in revenue in 2021. More information about General Dynamics is available at www.gd.com.
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SOURCE General Dynamics Mission Systems | https://www.mysuncoast.com/prnewswire/2022/07/20/general-dynamics-mission-systems-awarded-2729-million-contract-us-uk-submarine-fire-control-systems/ | 2022-07-20T16:47:11Z |
SUZHOU, China, May 15, 2022 /PRNewswire/ -- GeneQuantum Healthcare (Suzhou) Co., Ltd. (hereinafter referred to as "GeneQuantum"), a global innovative biotechnology company dedicated to the development of bioconjugate drugs, announced that two of the company's bioconjugate drug candidates have won the approval for clinical trials in Australia, further enhancing GeneQuantum's pipelines in the clinical stage. They are GQ1005, an ADC with an excellent bystander killing effect, and GQ1007, a first-in-class antibody-immune-agonist-conjugate (AIAC) both with global intellectual property rights.
Dr. Gang Qin, founder, Chairman and Chief Executive Officer, commented, "The core technologies that we have focused on since the founding of GeneQuantum, bring the company into the harvest period for exciting next generation bioconjugate drugs. The EC approval of GQ1005 and GQ1007 in Australia is an important milestone for the company. More than once, GeneQuantum's enzymatic site-specific conjugation platform and the stable linker technology have demonstrated the advantages through several IND enabled drug candidates. GeneQuantum conjugation technologies are widely compatible to different molecular modalities with various Mechanism of Action (MOA). Committed to the core value of "breakthrough for humanity", GeneQuantum is dedicated to developing safe, effective, and affordable novel therapeutics for patients with cancer around the world."
About GeneQuantum Healthcare (Suzhou) Co., Ltd.
GeneQuantum Healthcare (Suzhou) Co., Ltd. is a global biotechnology company dedicated to the development of innovative biotherapeutics. The company is focused on the development of next generation bioconjugate therapeutics to address the unmet medical needs of patients globally. For more information, visit www.genequantum.com.
This press release contains statements relating to GeneQuantum's future business, future events or developments, and related statements may constitute forward-looking statements. Statements are based on current expectations and assumptions that are subject to risks and uncertainties, which may cause actual results to differ materially. Risks and uncertainties include, among other things, the uncertainties inherent in research and development, follow-up clinical data and analysis; factors that may cause any delay, transfer or change; regulatory authority decision whether and when to approve drug applications; factors that may lead actual results to seriously deviate from current expectations, etc. No forward-looking statement can be guaranteed. Except as required by applicable laws, GeneQuantum assumes no obligation to update or revise any forward-looking information or statements.
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SOURCE GeneQuantum Healthcare | https://www.kxii.com/prnewswire/2022/05/16/genequantum-healthcares-two-next-generation-bioconjugate-drugs-gq1005-gq1007-have-been-approved-clinical-trials-australia/ | 2022-05-16T01:16:36Z |
Families of FedEx shooting victims file lawsuit nearly one year after deadly shooting at Indianapolis facility
By Jenn Selva, CNN
The families of five of the eight people killed in a shooting at a FedEx facility in Indianapolis last year have filed a lawsuit against the company alleging wrongful death and negligence.
According to the lawsuit filed Monday in the US District Court for the Southern District of Indiana, the plaintiffs claim FedEx could have prevented the incident, and failed to have adequate security measures in place, including properly trained security personnel.
The “Defendants had a duty to ensure appropriate and reasonable policies, procedures, guidelines and training were in place to warn, and then initiate reasonable measures to protect employees and others lawfully on the premises from a dangerous condition or situation, including an active shooter, on the premises,” the suit says.
Eight people were killed and multiple others injured when former employee Brandon Hole, 19, opened fire at a FedEx Ground facility around 11 p.m. on April 15, 2021, police said. Hole then killed himself, officials said.
The plaintiffs are seeking compensation in the form of unspecified damages and a jury trial, according to the lawsuit.
“During his (Hole’s) employment by FedEx Ground from approximately August, 2020 through October, 2020, Hole exhibited emotional and mental instability on multiple instances that would cause an ordinary, reasonable person or employer to believe that Hole was potentially violent and/or dangerous to himself and others,” the lawsuit says.
In a statement, FedEx told CNN it was aware of the lawsuit and would review the allegations.
“We continue to mourn the loss of our team members in the senseless tragedy that occurred nearly one year ago,” the statement read.
“FedEx Ground’s top priority is the safety of our team, and we have provided and continue to offer support in multiple ways to those affected, including employee assistance programs that are available 24/7, as well as the establishment of the Indianapolis 4/15 Survivors Fund in coordination with the National Compassion Fund.”
Securitas Security Services USA, a security company hired by FedEx, according to the lawsuit, is also named in the claim.
The suit claims FedEx and Securitas were aware of similar active shooter events that happened at other facilities and had not properly trained its security guards to deal with the threat.
The suit alleges that Securitas and its security officers failed to secure entrances to the building when Hole first came into contact with them, after he could be observed walking from his car and discharging his firearm.
CNN reached out to Securitas for comment but did not immediately hear back. However, a company spokesman told CNN affiliate, WRTV that “it does not comment on pending litigation.”
Shooter wasn’t a disgruntled employee, investigators said
In July last year, representatives from the police, FBI and the US Attorney’s Office for the Southern District of Indiana said their investigation found it did not appear Hole was a disgruntled former employee or that he had been motivated by bias or a desire to advance an ideology.
According to John Childress, then-acting US Attorney for the Southern District of Indiana, the shooter was motivated by “a desire to commit murder-suicide exacerbated by personal mental health issues.”
No evidence was found to indicate Hole was disgruntled at work, according to Craig McCartt, deputy chief of investigations for the Indianapolis Metro Police Department.
“There was really no indication that he had any issue with FedEx, in talking with other employees and FedEx personnel,” said McCartt. “He simply stopped showing up for work, so he lost his job simply by failing to show.”
“Only the shooter knows all the reasons why he committed this horrific act of violence,” said Paul Keenan, special agent in charge for the FBI’s Indianapolis office.
“However, at this time, the FBI is confident that based on the evidence collected, the assessment of the Behavioral Analysis Unit is accurate, and the shooter did not appear to be motivated by bias or a desire to advance an ideology,” Keenan said.
The Indianapolis Metropolitan Police Department, Indiana State Police, the FBI, the Office of the Acting US Attorney for the Southern District of Indiana and the Bureau of Alcohol, Tobacco, Firearms and Explosives were all involved in the investigation, the Indianapolis police said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/12/families-of-fedex-shooting-victims-file-lawsuit-nearly-one-year-after-deadly-shooting-at-indianapolis-facility/ | 2022-04-12T13:36:19Z |
Deal is the third Freedom securitization of 2022 to receive AAA ratings from both DBRS and Kroll
SAN MATEO, Calif., July 7, 2022 /PRNewswire/ -- Freedom Financial Network (FFN), a leading digital personal finance company, announces the closing of a securitization consisting of $323.55 million in rated notes backed by FreedomPlus personal loans.
The securitization, FREED ABS Trust 2022-3FP, is the third Freedom deal to receive an AAA rating from DBRS Morningstar and the fifth to receive a AAA rating from Kroll Bond Rating Agency (KBRA). The deal is the 13th securitization by Freedom Consumer Credit Fund (FCCF), an investment fund managed by Freedom Financial Asset Management (FFAM).
Underwriting for the FreedomPlus loan program is based on proprietary algorithms that evaluate behavioral, transactional, employment and income data, as well as a manual review of borrowers' creditworthiness. The underlying FreedomPlus loans were originated by bank partners Cross River Bank® and MetaBank®, N.A. on the FFAM platform. FreedomPlus loans help consumers consolidate debt, lower interest rates and convert revolving debt into lower-cost, more consumer-friendly installment loans.
"The characteristics of this securitization should be very familiar to the market," said Barry Rafferty, Senior Vice President of Capital Markets at FFAM. "One of the pillars of our ABS program is consistency in our product structure and cadence of new deals, and we believe this deal is an important demonstration of that reputation to the market."
The Class A, Class B, Class C and Class D fixed-rate notes were rated AAA (sf), AA- (sf), A- (sf) and BBB- (sf) by KBRA. The Class A, Class B and Class C fixed-rate notes were rated AAA (sf), AA (sf) and A (sf) by DBRS Morningstar. The D class notes were not rated by DBRS.
"FreedomPlus loans are an important financial tool for consumers seeking to consolidate unsecured debt," said Andrew Housser, Co-Founder and Co-CEO of Freedom Financial Network. "We are pleased to continue our strategy of regular, programmatic securitizations, particularly given the considerable shifts underway in the capital markets and economy overall."
Underwriting the transaction was Credit Suisse, serving as structuring agent and joint book runner; Jefferies, joint book runner; and Truist Securities, joint book runner. The transaction structure features overcollateralization, subordination, a reserve fund and excess spread. Issuance across all FCCF securitizations now totals over $3.8 billion and total loan originations through the FFAM platform now exceed $8 billion.
Freedom Financial Network is a leading digital personal finance company. We do what traditional banks don't: Put people first. Our solutions help everyday people get on, and stay on, the path to a brighter financial future, with innovative technology and personalized support. By leveraging proprietary data and analytics, our solutions are tailored for each step of a consumer's financial journey and include personal loans (FreedomPlus), home equity loans (Lendage), help with debt (Freedom Debt Relief), and even financial tools and education (Bills.com). Freedom Financial Network has more than 2,300 dedicated employees across California, Arizona and Texas and is recognized as a Best Place to Work.
For information on career opportunities at Freedom Financial Network, visit: https://jobs.freedomfinancialnetwork.com/
Cross River is a fast-growing financial services organization that merges the forward-thinking offerings of a technology company with the established expertise and traditional services of a bank. Since its founding in 2008, Cross River has developed strategic partnerships with leading technology companies, marketplace lenders and payment providers, while maintaining a strong focus on regulatory compliance and consumer protection. Cross River provides a highly secure, API-based banking platform and comprehensive suite of products encompassing lending, payments, risk management and Banking-as-a-Service (BaaS) offerings to deliver responsible financial solutions that empower businesses and consumers anytime, anywhere. Cross River Bank is a New Jersey state-chartered FDIC insured bank. For more information, please visit Cross River's website at www.crossriver.com or Twitter @crossriverbank.
Meta Financial Group, Inc.® ("Meta") (Nasdaq: CASH) is a South Dakota-based financial holding company. At Meta, our mission is financial inclusion for all®. Through our subsidiary, MetaBank®, N.A., we strive to remove barriers to financial access and promote economic mobility by working with third parties to provide responsible, secure, high quality financial products that contribute to the social and economic benefit of communities at the core of the real economy. Meta works to increase financial availability, choice, and opportunity for all. Additional information can be found by visiting www.metafinancialgroup.com.
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SOURCE Freedom Financial Network | https://www.kxii.com/prnewswire/2022/07/07/freedom-financial-network-announces-close-324m-securitization-freedomplus-personal-loans/ | 2022-07-07T16:54:18Z |
(NewsNation) — The FBI conducted a search Monday at former President Donald Trump’s Mar-a-Lago resort in Florida.
Sources confirmed to NewsNation that the execution of the search warrant was linked to an investigation into whether or not the former president mishandled presidential records related to the discovery of boxes full of White House records that were taken to Mar-a-Lago after Trump left office.
Trump maintains that the search was neither necessary nor appropriate, which presents the question of how presidential records are handled.
The Presidential Records Act from 1978 establishes public ownership of all presidential records and developed a way that presidents must manage their records.
Under the act, the president is responsible for the management and keeping of presidential records and must separate personal records.
The act allows the president to get rid of records that no longer have administrative, historical, informational or evidentiary value but only after the views of the Archivist of the United States on the proposed disposal have been made available in writing.
Once a president leaves office, the law requires presidential records to be automatically transferred into the legal custody of the archivist. This applies to the records of all presidents and vice presidents beginning with the Reagan Administration.
At the end of January, the National Archives and Records Administration reported that some of Trump’s presidential records that were handed over had been torn up by the former president. NARA reports that records management officials with the Trump administration recovered and tried taping together pieces of ripped-up records.
On Feb. 7, NARA announced that in mid-January, they arranged for 15 boxes of presidential records to be taken from the Trump Mar-a-Lago property in Florida to National Archives. They insist the arrangement followed conversations with Trump’s representatives in 2021. The former president’s representatives told NARA they were still searching for additional presidential records that belong to National Archives.
“The Presidential Records Act mandates that all Presidential records must be properly preserved by each Administration so that a complete set of Presidential records is transferred to the National Archives at the end of the Administration,” Archivist of the United States David S. Ferriero said in February. “NARA pursues the return of records whenever we learn that records have been improperly removed or have not been appropriately transferred to official accounts.”
On Feb. 8, NARA said Trump representatives cooperated with them on securely transporting presidential records to Washington. At this time, NARA maintained that they did not “visit or raid” Mar-a-Lago.
Still, archivist David Ferriero has stressed the importance of the Presidential Records Act.
“The Presidential Records Act is critical to our democracy, in which the government is held accountable by the people,” Ferriero said. “Whether through the creation of adequate and proper documentation, sound records management practices, the preservation of records, or the timely transfer of them to the National Archives at the end of an Administration, there should be no question as to need for both diligence and vigilance. Records matter.”
Could Trump face any punishment in relation to the Presidential Records Act? While it seemingly would depend on what evidence is presented to the Department of Justice, there does not appear to be a criminal provision specific to the Presidential Records Act.
Under Title 18, Section 2071 of U.S. Code, anyone who unlawfully conceals, removes or destroys government records is subject to punishment of a fine, up to three years imprisoned or being disqualified from holding any U.S. office.
Former federal prosecutor Andrew Cherkasky appeared on “Banfield” to discuss Monday’s search of Mar-a-Lago, an action he calls seismic. He says in order to satisfy the requirements under the Fourth Amendment, investigators would have to establish the belief that a crime took place and that there would be evidence of a crime at Mar-a-Lago.
“I don’t think a judge would have ever signed off on this if the Department of Justice, the attorneys involved, and the FBI agents involved, didn’t tell the judge specifically that they believe they can actually prosecute the crime. Otherwise, it’s not a crime at all,” Cherkasky said.
Regardless, Cherkasky believes Monday’s search sends a message of intention from the FBI.
“I think that the politics of this, and the division that’s going to come from this, is going to be astronomical. Really, what the FBI is doing is signaling once and for all, through the Department of Justice, that they think President Trump or at least those closely connected with him violated the Criminal Code of the United States and that they are interested in prosecuting,” Cherkasky said.
Trump has spoken out about the potential investigation into records, some believed by authorities to be classified.
“These are dark times for our Nation, as my beautiful home, Mar-A-Lago in Palm Beach, Florida, is currently under siege, raided, and occupied by a large group of FBI agents,” Trump released in a statement. “Nothing like this has ever happened to a President of the United States before.”
The search of a former commander-in-chief’s home is unprecedented. Trump has called it “prosecutorial misconduct.”
The FBI and the Department of Justice have not immediately shared a statement on the search. | https://cw33.com/news/nexstar-media-wire/trump-mar-a-lago-raid-whats-the-presidential-records-act/ | 2022-08-09T18:01:32Z |
The PGA Tour is closing in on $500 million in prize money for next season, with eight tournaments offering $15 million or more and limited spots available for the postseason.
It will be the final time for a wraparound season that has nine tournaments starting on Sept. 15, has a six-week break around the holidays and resumes in Hawaii in January before the season ends in August.
Only the top 70 players — down from 125 — will qualify for the FedEx Cup playoffs, with players whittled down to 50 players for the second postseason event and 30 reaching the Tour Championship and competing for the FedEx Cup.
Starting in the fall of 2023, players outside the top 70 will have six tournaments to try to earn full status for a calendar-year schedule that will start the following January.
The prize money for the 43 tournaments run by the PGA Tour is $428.6 million, which includes four opposite-field events. The four majors had combined prize money of $61.5 million last year. Still to be determined is whether purses will be increased for 2023.
The PGA Championship returns to Oak Hill outside Rochester, New York, in May — it already was scheduled for upstate New York when the PGA moved from August to May in 2019. The U.S. Open goes to Los Angeles Country Club for the first time, while the British Open returns to Royal Liverpool for the first time since 2014.
PGA Tour Commissioner Jay Monahan previously disclosed that the elevated events with tournament hosts at Riviera (Tiger Woods), Bay Hill (Arnold Palmer) and Memorial (Jack Nicklaus) will have $20 million purses. The lone World Golf Championship — Match Play in Austin, Texas — and two postseason events also will have $20 million purses.
That includes the BMW Championship, for now the only postseason event that moves to different courses. Next year it will be at Olympia Fields in the south suburbs of Chicago.
The Players Championship purse is $25 million, while the Sentry Tournament of Champions to start the new year at Kapalua nearly doubles to $15 million.
All but five tournaments in the core of the 2023 season are at $8 million or more.
The dates are roughly the same as this season, except for an extra week between the U.S. Open and British Open. That allowed the Rocket Mortgage Classic in Detroit to move from the last weekend in July to the last weekend in June — two weeks after the U.S. Open and three weeks before the British Open.
As for the bonus pools, an additional $145 million is being offered — $75 million for the FedEx Cup, $20 million for the Comcast Business Tour 10 that pays out the top 10 players in the regular reason and $50 million for the popularity contest known as the Player Impact Program.
Still to be announced are the three international events late in 2023 that will feature big purses and limited fields, starting with the top 50 in the FedEx Cup standings.
Monahan discussed several of the changes and prize increases in June, minus specific dates and scheduling. The tour released its new schedule one week after the Saudi-funded LIV Golf announced a 14-tournament schedule with $405 million in prize money, all guaranteed because the 48-man fields have no cut in the 54-hole events.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/pga-tour-nearing-500-million-in-prize-money-next-season/ | 2022-08-01T23:25:45Z |
Fully diluted Shareholders' Equity up 15%
Achieves Break-even Cash Flow from Operations
Subscription-based Revenue Increased 40%
DENVER, May 16, 2022 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in geospatial content development and intelligence solutions, today announced filing of consolidated financial statements for the quarter ended March 31, 2022, along with management's discussion and analysis for the corresponding period and related management certifications for first quarter financial results. The documents are available on SEDAR at www.sedar.com.
For the quarter ending March 31, 2022, the Company reported revenue of $2.0 million, compared with $0.9 million for the first quarter and $2.3 million for the fourth quarter of 2021. Acquisition services revenue recovered to $0.6 million after a challenging year in 2021 because of COVID-19. Recurring value-added data services were up 66% due to increased defense spending. Recurring software and solutions were up 43% as the company continues to grow its commercial elevation data-as-a-service (EDaaS) offerings. Consistent with prior periods, Intermap experienced seasonal decline in revenue for the first quarter as government customers allocate the bulk of their contract dollars in the summer months to accommodate September and November year-end budget cycles. Government revenue represented 34% of total revenue for the quarter.
In spite of government customer payment delays caused by COVID-19 quarantines during the quarter, Intermap earned positive operating cash flow. On a fully diluted basis, Intermap revenue per share increased 93% to $0.065 per share, and Shareholders' Equity increased 11% to $0.038 per share, compared with the same period in 2021.
Intermap is engaged with the U.S. Department of Defense and other allied national government agencies on critical strategic initiatives. Defense-related revenue from all countries currently represents approximately 27% of total revenue for the quarter, up from nil in 2021. Some ongoing unclassified government work that has been previously announced includes:
- · Supporting Ukraine's Ministry of Defense with high-resolution, 3D data and analytic services
- · Working with the National Geospatial-Intelligence Agency (NGA) to supply low latency foundation data for high-priority national security areas of interest
- · Working on prime contract with the U.S. Air Force Research Laboratory (AFRL) to support its development of GPS-denied navigation solutions
Intermap's subscription-based revenue increased 40% over the first quarter of 2021. Year over year, the Company's insurance business increased 65% and key data contracts increased 28% with increases in the number and size of subscriptions. With the industry recovering from COVID-19, Intermap's aviation business began to recover. Some commercial highlights include:
- New InsitePro® subscription with a top-5 underwriter in the U.S., providing flood risk assessment and flood premium pricing
- First contract for rail solution with Class 1 North American railway company for flood and fire risk management
- New NEXTView™ contract to support automated aircraft landing in the U.S.
- New data subscription contract with leading European airline to provide elevation data as a service for flight planning operations
- Expanded European insurance subscription with Generali for its customized flood hazard maps and analytics
- Renewed flood risk web services subscription to support real estate transactions in the Czech Republic
"We are pleased to report strong year-over-year revenue growth for the first quarter and we are on track for 2022," said Patrick A. Blott, Intermap's Chairman and CEO. "Our government and commercial businesses are winning new customers under high-margin programmatic recurring contract awards and expanding existing relationships. We are confident in our pipeline and well-positioned to execute on our strategy of efficient resource allocation towards highly profitable, recurring revenue and scalable growth."
Intermap Reader Advisory
Certain information provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast", "will be", "will consider", "intends" and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap's forward-looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap's Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
About Intermap Technologies
Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQX: ITMSF) is a global leader in geospatial intelligence solutions. The Company's proprietary 3D NEXTMap® elevation datasets and value-added geospatial collection, processing, analytics, fusion and orthorectification software and solutions are utilized across a range of industries that rely on accurate, high-resolution elevation data. Intermap helps governments build authoritative geospatial datasets and provides solutions for base mapping, transportation, environmental monitoring, topographic mapping, disaster mitigation, smart city integration, public safety and defense. The Company's commercial applications include aviation and UAV flight planning, flood and wildfire insurance, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation. For more information, please visit www.intermap.com.
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SOURCE Intermap Technologies Corporation | https://www.kxii.com/prnewswire/2022/05/16/intermap-announces-135-quarterly-revenue-growth/ | 2022-05-16T23:22:28Z |
SOUTH SAN FRANCISCO, Calif., July 26, 2022 /PRNewswire/ -- Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that it will report its second quarter 2022 financial results after market close on Tuesday, August 2, 2022. Rigel senior management will follow the announcement with a live conference call and webcast at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss the financial results and give an update on the business.
Participants can access the live conference call by dialing 877-407-3088 (domestic) or 201-389-0927 (international). The conference call and accompanying slides will also be webcast live and can be accessed from the Investor Relations section of the company's website at www.rigel.com. The webcast will be archived and available for replay for 90 days after the call via the Rigel website.
About Rigel
Rigel Pharmaceuticals, Inc., is a biotechnology company dedicated to discovering, developing and providing novel small molecule drugs that significantly improve the lives of patients with hematologic disorders, cancer and rare immune diseases. Rigel's pioneering research focuses on signaling pathways that are critical to disease mechanisms. The company's first FDA approved product is TAVALISSE® (fostamatinib disodium hexahydrate) tablets, the only oral spleen tyrosine kinase (SYK) inhibitor for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. The product is also commercially available in Europe, the United Kingdom (TAVLESSE) and Canada (TAVALISSE) for the treatment of chronic immune thrombocytopenia in adult patients.
Fostamatinib is currently being studied in a Phase 3 clinical trial (NCT03764618) for the treatment of warm autoimmune hemolytic anemia (wAIHA)1; a Phase 3 clinical trial (NCT04629703) for the treatment of hospitalized high-risk patients with COVID-191; and an NIH/NHLBI-sponsored Phase 3 clinical trial (ACTIV-4 Host Tissue Trial, NCT04924660) for the treatment of COVID-19 in hospitalized patients.
Rigel's other clinical programs include its interleukin receptor-associated kinase (IRAK) inhibitor program, and a receptor-interacting serine/threonine-protein kinase (RIPK) inhibitor program in clinical development with partner Eli Lilly and Company. In addition, Rigel has product candidates in development with partners BerGenBio ASA and Daiichi Sankyo.
For further information, visit www.rigel.com or follow us on Twitter or LinkedIn.
Please see www.TAVALISSE.com for the full Prescribing Information.
1The product for this use or indication is investigational and has not been proven safe or effective by any regulatory authority.
Investor Contact:
Jodi Sievers
Rigel Pharmaceuticals, Inc.
Phone: 650.624.1232
Email: ir@rigel.com
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SOURCE Rigel Pharmaceuticals, Inc. | https://www.kxii.com/prnewswire/2022/07/26/rigel-announces-conference-call-webcast-report-second-quarter-2022-financial-results-business-update/ | 2022-07-26T13:44:14Z |
Senate confirms Brink as new US ambassador to Ukraine
WASHINGTON (AP) — The Senate confirmed Bridget Brink late Wednesday as U.S. ambassador to Ukraine, filling the post as officials plan to return American diplomats to Kyiv during the nation’s continuing battle against the Russian invasion.
The veteran foreign service officer, who has spent most of her career in the shadow of the former Soviet Union, was nominated to the position last month by President Joe Biden. She was confirmed unanimously by the Senate without a formal roll call vote.
American diplomats evacuated Kyiv when the war began three months ago, but the U.S. reopened the embassy Wednesday.
The ambassador’s post has been vacant since former President Donald Trump abruptly forced out Ambassador Marie Yovanovitch in 2019. She later became a key figure in the first impeachment proceedings against Trump.
Brink had been the ambassador to Slovakia.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/19/senate-confirms-brink-new-us-ambassador-ukraine/ | 2022-05-19T03:24:25Z |
‘Axie Infinity’ publisher raises funds to reimburse users after $625 million hack
By Jon Sarlin, CNN Business
Sky Mavis, makers of the crypto “play-to-earn” game “Axie Infinity,” announced on Wednesday it had raised a $150 million investment. The news comes on the heels of recent and widely-publicized hack of the company in which around $625 million in assets were stolen.
The company says the additional money will allow users to withdraw their funds, which have been unavailable since the hack. The cash infusion is led by Binance with participation from venture capital firms Animoca Brands, Dialectic, Paradigm, Accel and blue chip VC firm a16z, which has previously invested in the company.
Kalie Moore, a spokesperson for Sky Mavis, told CNN that $400 million was stolen from users, while the rest was taken from the company’s treasury. The cash infusion combined with Sky Mavis’ existing funds will be used to make users whole, she said, while the company’s treasury will remain “undercollateralized” while the company works with law enforcement.
If within two years the funds are not recovered, the company’s DAO (decentralized autonomous organization) will vote on “the next steps for the treasury,” said Moore.
According to the company, the Ronin Network — Sky Mavis’ proprietary trading network — will re-open after security upgrades and audits, which could take “several weeks.”
Sky Mavis hack
Axie Infinity is one of the most popular “play-to-earn” games, a genre in which players can earn crypto tokens. The game resembles Pokemon, with cartoon creatures called “Axies” that players can collect and use to battle each other. The company’s last valuation pegged it at worth nearly $3 billion.
The game’s Ronin Network suffered the hack on March 23, but Sky Mavis says it only discovered what happened a week later.
The company announced the hack last week on stage at the NFT LA conference, with Sky Mavis’ co-founder Jeff “Jiho” Zirlin telling the crowd that “The Ronin network [had] been exploited for 173,000 [Ethereum] and around 25 million dollars in USDC.” USDC is a so-called stablecoin whose value is pegged to the US dollar.
The breach is one of the largest known crypto hacks. Last year, an anonymous hacker stole roughly $600 million in cryptocurrency from Poly Network, a decentralized finance network, in what was called the largest crypto heist in history. The hacker later gave it back.
In an exclusive interview after the hack, Zirlin told CNN that he could not commit to a timeline to reimburse users, saying, “There’s no guarantees in crypto…but we’ll do our best to figure it out.”
Questions surrounding Binance
Binance’s cash infusion into Sky Mavis comes at a precipitous time for the crypto giant.
Binance is the world’s largest cryptocurrency exchange, although its core trading platform is prohibited from operating within the United States. Acting as both crypto exchange and crypto venture capital fund, the company has become a powerful force in the decentralized finance space. Critics say the company’s position as both trading platform and active investor is a conflict of interest.
The company is also under several federal investigations, including from the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission. A Reuters report in January alleged that the company has weak money-laundering checks. In June, the company was prohibited from undertaking any regulated activity in the UK without the prior written consent of the Financial Conduct Authority, a financial regulatory authority.
The company told Reuters it is “both leading and investing in the future technologies and legislation that will set the crypto industry on the road to becoming a well-regulated, secure industry.”
Sky Mavis did not immediately respond to CNN’s request for comment on the investigations.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/06/axie-infinity-publisher-raises-funds-to-reimburse-users-after-625-million-hack/ | 2022-04-07T01:44:55Z |
Apple warns of serious supply headwinds in China
By Samantha Murphy Kelly, CNN Business
Apple topped Wall Street’s estimates in its latest quarter and reported one of the strongest three-month periods in its history on Thursday thanks to record revenues for its services business and strong iPhone sales. However, the company warned that new Covid-related restrictions in China could hurt the current quarter.
The company reported sales of $97.3 billion for its fiscal second quarter, up 9% from the year prior. Apple’s iPhone business grew 5% to $50.6 billion during the quarter. Revenue from its services business climbed 17% from a year earlier to nearly $20 billion in the quarter. Mac revenue grew to $10 billion, despite supply contraints, thanks largely to consumer interest around its new in-house M1 chip.
The company experienced growth in nearly every category except the iPad, which also continues to face supply chain issues.
Shares of Apple initially rose in after-hours trading following the earnings results, before falling more than 4%. Apple’s board of directors also authorized a $90 billion increase to its share repurchase program.
CEO Tim Cook kicked off the earning call by recognizing the company’s efforts in Ukraine, such as donating products to support refugees arriving in the United States, and spoke to the current “unpredictable” state of the pandemic as the company starts to welcome employees back to the office. “These times remind us that we cannot know what the future may hold,” he said.
He also referenced growing restrictions in China following an increase in Covid cases, but said many of the impacted assembly factories have since restarted. He said this, along with industry-wide silicon shortages, will impact the next quarter by $4 billion to $8 billion. The company is also keeping an eye on how inflation will affects customer spending in the months ahead.
“We are definitely seeing a level of inflation, like everyone is seeing,” Cook said. “We are monitoring [consumer impact], but our main focus right now is on the supply side.”
Last month, Apple hosted its first product event of the year where it showed off an upgraded iPad Air, a new desktop computer, a powerful new Mac chip and the first budget iPhone with access to 5G networks. The interest around these products will be reflected in its third quarter later this summer.
“The supply chain issues continue to be a headwind in China and that will weigh on June quarter growth,” said Dan Ives, an analyst with Wedbush Securities.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-social-media-technology/2022/04/28/apples-services-business-fuels-its-growth-in-latest-quarter/ | 2022-04-29T00:09:50Z |
ALEXANDRIA, Va., July 27, 2022 /PRNewswire/ -- The Air Traffic Control Association (ATCA) and Kenes Group will be partnering to host a new convention and exposition focused on airspace integration in Madrid the week of September 25th 2023. The new convention will showcase advanced air mobility, urban air mobility, space integration, and civil and military cooperation.
The convention will be co-located with Expodrónica's live advanced air mobility and drone demonstration scheduled for the week of September 25th 2023 taking place at IFEMA Feria de Madrid and Cuatro Vientos Airport.
"We see hosting events around the world as a vital component of our organization's mission to work toward integrating all airspace users," said Brian Bruckbauer, President and CEO of ATCA. "Our goal at ATCA is to connect people to confront today's challenges and shape tomorrow's airspace and our Madrid conference will be one of the places where these conversations occur."
ATCA conducted 67 successful ATCA Annual events in the United States, and established World ATM Inc. in 2013 to expand ATCA's brand and initiatives globally. Since 2013, ATCA and World ATM Inc. planned and executed 9 innovative World ATM Congress events in Madrid that were a "must attend" for the global ATM community. The team from Kenes Group was with ATCA every step of the way as local operators in Spain. Kenes Group brings to the table over 50 years of experience as Professional Congress Organizers, having managed over 4,000 conferences around the globe.
"We are excited to partner with our friends at ATCA and create a continuation to the World ATM tradition," said Dan Rivlin, Executive Chair and Chief Vision Officer of Kenes Group. "Our joint experience and expertise will lead to a gathering which will facilitate knowledge exchange and showcase the tools to enable safer and better air traffic globally."
"We have appreciated Madrid's hospitality over the past years, and we're excited to continue working with the people of this great city," said Brian Bruckbauer, President and CEO of ATCA.
Airspace transportation of goods and people is on the cusp of a new golden age, and ATCA and Kenes Group are partnering to ensure the exchange of knowledge and services in our future skies are discussed and solutions are achieved.
CONTACT: Bridget Dongu, bridget.dongu@atca.org
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SOURCE Air Traffic Control Association | https://www.mysuncoast.com/prnewswire/2022/07/27/atca-kenes-partner-host-global-airspace-integration-event-madrid/ | 2022-07-27T16:48:09Z |
NEW DELHI (AP) — A recent court ruling upholding a ban on Muslim students wearing head coverings in schools has sparked criticism from constitutional scholars and rights activists who say that judicial overreach threatens religious freedoms in officially secular India.
Even though the ban is only imposed in the southern state of Karnataka, critics worry it could be used as a basis for wider curbs on Islamic expression in a country already witnessing a surge of Hindu nationalism under Prime Minister Narendra Modi’s governing Bharatiya Janata Party.
“With this judgment, the rule you are making can restrict the religious freedom of every religion,” said Faizan Mustafa, a scholar of freedom of religion and vice chancellor at the Hyderabad-based Nalsar University of Law. “Courts should not decide what is essential to any religion. By doing so, you are privileging certain practices over others.”
Supporters of the decision say it’s an affirmation of schools’ authority to determine dress codes and govern student conduct, and that takes precedence over any religious practice.
“Institutional discipline must prevail over individual choices. Otherwise, it will result in chaos,” said Karnataka Advocate General Prabhuling Navadgi, who argued the state’s case in court.
Before the verdict, more than 700 signatories including senior lawyers and rights advocates had expressed opposition to the ban in an open letter to the chief justice, saying that “the imposition of an absolute uniformity contrary to the autonomy, privacy and dignity of Muslim women is unconstitutional.”
The dispute began in January when a government-run school in the city of Udupi, in Karnataka, barred students wearing hijabs from entering classrooms. Staffers said the Muslim headscarves contravened the campus’ dress code, and that it had to be strictly enforced.
Muslims protested, and Hindus staged counter demonstrations. Soon more schools imposed their own restrictions, prompting the Karnataka government to issue a statewide ban.
A group of female Muslim students sued on the grounds that their fundamental rights to education and religion were being violated.
But a three-judge panel, which included a female Muslim judge, ruled last month that the Quran does not establish the hijab as an essential Islamic practice and it may therefore be restricted in classrooms. The court also said the state government has the power to prescribe uniform guidelines for students as a “reasonable restriction on fundamental rights.”
“What is not religiously made obligatory therefore cannot be made a quintessential aspect of the religion through public agitations or by the passionate arguments in courts,” the panel wrote.
The verdict relied on what’s known as the essentiality test — basically, whether a religious practice is or is not obligatory under that faith. India’s constitution does not draw such a distinction, but courts have used it since the 1950s to resolve disputes over religion.
In 2016, the high court in the southern state of Kerala ruled that head coverings were a religious duty for Muslims and therefore essential to Islam under the test. Two years later, India’s Supreme Court again used the test to overturn historical restrictions on Hindu women of certain ages entering a temple in the same state, saying it was not an “essential religious practice.”
Critics say the essentiality test gives courts broad authority over theological matters where they have little expertise and where clergy would be more appropriate arbiters of faith.
India’s Supreme Court is itself in doubt about the test. In 2019 it set up a nine-judge panel to reevaluate it, calling its legitimacy regarding matters of faith “questionable.” The matter is still under consideration.
The lawsuit in Karnataka cited the 2016 Kerala ruling, but this time the justices came to the opposite conclusion — baffling some observers.
“That’s why judges make for not-so-great interpreters of religious texts,” said Anup Surendranath, a professor of constitutional law at the Delhi-based National Law University.
Surendranath said the most sensible avenue for the court would have been to apply a test of what Muslim women hold to be true from a faith perspective: “If wearing hijab is a genuinely held belief of Muslim girls, then why … interfere with that belief at all?”
The ruling has been welcomed by Bharatiya Janata Party officials including Mukhtar Abbas Naqvi, the federal minister of minority affairs, and B. C. Nagesh, Karnataka’s education minister.
Satya Muley, a lawyer at the Bombay High Court, said it’s perfectly reasonable for the judiciary to place some limits on religious freedoms if they clash with dress codes, and the verdict will “help maintain order and uniformity in educational institutions.”
“It is a question of whether it is the constitution, or does religion take precedence,” Muley said. “And the court’s verdict has answered just that by upholding the state’s power to put restrictions on certain freedoms that are guaranteed under the constitution.”
Surendranath countered that the verdict was flawed because it failed to invoke the three “reasonable restrictions” under the constitution that let the state interfere with freedom of religion — for reasons of public order, morality or health.
“The court didn’t refer to these restrictions, even though none of them are justifiable to ban hijabs in schools,” Surendranath said. “Rather, it emphasized homogeneity in schools, which is opposite of diversity and multiculturalism that our constitution upholds.”
The Karnataka ruling has been appealed to India’s Supreme Court. Plaintiffs requested an expedited hearing on the grounds that a continued ban on the hijab threatens to cause Muslim students to lose an entire academic year. The court declined to hold an early hearing, however.
Muslims make up just 14% of India’s 1.4 billion people, but nonetheless constitute the world’s second-largest Muslim population for a nation. The hijab has historically not been prohibited or restricted in public spheres, and women donning the headscarf — like other outward expressions of faith, across religions — is common across the country.
The dispute has further deepened sectarian fault lines, and many Muslims worry hijab bans could embolden Hindu nationalists and pave the way for more restrictions targeting Islam.
“What if the ban goes national?” said Ayesha Hajeera Almas, one of the women who challenged the ban in the Karnataka courts. “Millions of Muslim women will suffer.”
Mustafa agreed.
“Hijab for many girls is liberating. It is a kind of bargain girls make with conservative families as a way for them to go out and participate in public life,” he said. “The court completely ignored this perspective.”
___
Associated Press writer Krutika Pathi in New Delhi contributed to this report.
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/news/ap-top-headlines/indian-scholars-activists-criticize-school-hijab-ban-ruling/ | 2022-04-02T18:42:58Z |
To save itself, Netflix might have to play nice with an industry it battled for years
By Frank Pallotta, CNN Business
Netflix is still reeling from its stock plunge last month after losing subscribers for the first time in more than a decade.
To turn the narrative back in its favor, analysts have suggested adding ads and clamping down on password sharing. But one way Netflix can help itself is by allying with an industry that it once was at odds with: movie theaters.
Even though Netflix has released many films in theaters — and has even bought a few theaters to boot — most of its theater releases have been purposefully limited. With the streamer licking its wounds and theaters slowly bouncing back from the pandemic, now could be time for both sides to finally come together.
Netflix needs franchises, theaters need movies
By releasing more films in theaters Netflix could bring in new revenue from box-office sales, expand its brand to more potential subscribers and help make its films more memorable — something the company has struggled to do.
Despite being the leader in streaming with 221 million global subscribers, winning multiple Oscars and working with some of the biggest names in Hollywood, Netflix hasn’t seen many of its films become beloved brands in the way that some of its series have, such “Stranger Things,” whose new season premieres later this month.
Take “Red Notice,” for example. The film starring Dwayne “The Rock” Johnson and Gal Gadot was Netflix’s most-watched movie ever, according to the company, but arguably failed to make any sort of blip in pop culture.
“It still basically remains impossible to build a major movie franchise without theatrical releases,” Andrew Hare, a senior vice president of research at Magid, told CNN Business.
Hare added that as the company expands its offerings, “a number of titles could likely require theatrical.”
“Not only for award season, but for the buzz required to be a major player at a hybrid moment in a time that remains one foot in physical and one foot in digital,” he said.
Playing nice with Netflix would be a good idea for theaters too.
“Theaters need content, now more than ever,” said Jeff Bock, senior analyst at entertainment research firm Exhibitor Relations. “A lot of Netflix releases have big names attached, so that would certainly get them through the turnstiles.”
Even the National Association of Theater Owners are open to the idea.
“Our doors are open to give broader play to Netflix movies,” John Fithian, NATO’s CEO, said last month. “We’d love to play more of their movies.”
What’s the hold up?
One of the biggest roadblocks for Netflix and theaters is both sides have fought over how long a film should play in theaters.
Netflix’s business is based on sign-ups, so it doesn’t want subscribers waiting for films, while theater owners whose business runs on foot traffic want exclusivity as long as possible.
This debate hit a fever pitch in 2019 when the two sides couldn’t agree on how long “The Irishman,” Martin Scorsese’s crime epic, should play in theaters before heading to the streamer. Theaters wanted a 70-day exclusive window and Netflix would not go above 45 days, according to the New York Times.
But the pandemic changed everything by cutting down the theatrical window industry wide. Even traditional studios like Warner Bros. and Universal Pictures are now releasing theatrical films on streaming after just few weeks or sometimes simultaneously.
Beyond the theatrical window, there’s other issues considering that the theater business comes with extra costs that Netflix is not used to.
“It’s definitely not as easy as a homepage takeover,” Hare said. “It’s moving from the digital world to the physical. It takes money for marketing and promotion… It’s a number of huge tactical and strategic decisions that need to be made.”
And putting more films in theaters could hurt Netflix’s very model. If you can go see the one Netflix movie you’re itching to see in theaters, does that give you less incentive to subscribe?
Ultimately, there are pros and cons for Netflix when it comes to working more with theaters. Yet the company needs to right its ship and theaters are steadily returning to normal, so now might be the time for the streamer to put more of its films on a marquee.
“I think Netflix continues to be in experimental mode,” Hare said. “It can’t afford not to experiment right now.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/05/07/to-save-itself-netflix-might-have-to-play-nice-with-an-industry-it-battled-for-years/ | 2022-05-07T15:02:14Z |
More to Explore with Innovative New Kid Tech Product
CHICAGO, Sept. 16, 2022 /PRNewswire/ -- Today VTech® announced the availability of My First Kidi™ Smartwatch, an engaging puppy companion just for preschoolers that offers an important starting point for learning to tell time and practicing daily routines. This smartwatch joins VTech's popular line of innovative children's electronics that inspire interactive play through technology.
"My First Kidi Smartwatch is the perfect first smartwatch for kids!" said Andy Keimach, President, VTech Electronics North America. "Kids can learn to tell time and structure their day with routine reminders while also having fun with age-appropriate activities like games and a digital pet."
My First Kidi Smartwatch helps little ones care for themselves and learn about time-telling with a friendly woof-woof in a wrist pet they'll love to care for. Get extra help with potty training by setting 30-, 60- or 90-minute reminders. Keep little smiles healthy with the Brush Your Teeth reminder or get them to sleep on time with a chime that tells them when to get ready for bed. Kids will love taking this digital doggie on all their adventures while learning a little responsibility along the way. Give the pup a name and care for them right on screen. This super-talented pup can even be taught to do 20 tricks and will celebrate with barks and confetti. Explore the Time Master app and choose from 20 digital and analog clock faces. Connect watch-to-watch with a friend who also has a My First Kidi Smartwatch (sold separately) for more games and activities. It is available in blue and purple.
My First Kidi Smartwatch, recommended for ages 3-5 years, retails for $44.99 and is available now at retailers nationwide. For more information, visit www.vtechkids.com.
VTech is a world leader in age-appropriate and developmental stage-based electronic learning products for children. As a pioneer in the learning toy category, VTech develops high-quality, innovative educational products that enrich children's development and make learning fun. With a rich 45-year history, VTech has not only established itself as a learning authority but also consistently remains at the forefront of innovation with multiple award-winning products, including prestigious Toy of the Year (TOTY) Award winners. The company also has a broad range of award-winning infant, toddler and preschool products available in 28 different languages worldwide, with more than 100 new products introduced every year. In order to further strengthen VTech's position as a learning authority, new products are developed with critical insights from a dedicated team of in-house learning experts.
VTech Electronics North America, L.L.C. is based in Arlington Heights, Illinois. VTech Electronics Limited is headquartered in Hong Kong with distribution globally.
For more information about VTech's electronic learning products, visit www.VTechKids.com, www.facebook.com/VTechtoys on Facebook or follow @VTechToys on Twitter.
Media Contact:
Lauren Fagan
Coyne Public Relations
973-588-2000
lfagan@coynepr.com
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SOURCE VTech Electronics North America | https://www.wibw.com/prnewswire/2022/09/16/my-first-kidi-smartwatch-vtech-available-now/ | 2022-09-16T14:12:40Z |
Venables looks to take Oklahoma program ‘from good to great’
By CLIFF BRUNT
AP Sports Writer
NORMAN, Okla. (AP) — New Oklahoma coach Brent Venables respects what the Sooners accomplished in recent years. Lincoln Riley compiled a 55-10 record in five seasons before leaving to become head coach at Southern California, and quarterbacks Baker Mayfield and Kyler Murray won Heisman Trophies and were No. 1 overall picks in the NFL draft. But Riley’s teams lost three times in the College Football Playoff semifinals and never won a national title. Venables has used spring practice to lay the foundation for a program he believes can eventually break through. | https://localnews8.com/news/2022/04/23/venables-looks-to-take-oklahoma-program-from-good-to-great/ | 2022-04-23T08:34:10Z |
LOS ANGELES (AP) — Serena Williams and Meghan recount challenges they’ve experienced as working mothers on the Duchess of Sussex’s first podcast, including stories of having to work soon after scary incidents involving their children.
Williams, a 23-time Grand Slam champion who said recently “the countdown has begun” to her retirement, recounted on Meghan’s “Archetypes” Spotify podcast Tuesday that she played a match at the 2018 French Open after a nearly sleepless night after her daughter, Olympia, broke her wrist.
“I somehow managed to win, but I was so emotionally spent and just like so emotionally drained that it was, it was crazy. And, you know, and then like every night after that, I just was with her the whole time and was like you’re going to be with me,” said Williams, who has indicated that her final tournament will be the U.S. Open, which starts in New York next week.
The tennis great and Meghan, who are friends, spoke at length on Tuesday’s episode about the challenges of balancing high profile careers in the public eye and motherhood.
“So when you went and played that match the next morning, no one knew what your night had been like the night before. They forgot that human piece of it,” Meghan said about Williams’ French Open experience.
Meghan recounted an incident during a tour of South Africa with her husband, Prince Harry, and their son, Archie, in which a fire broke out in her son’s room and the pair had to leave their baby to continue their official duties. Archie was supposed to be napping in the room at the time, but his nanny had taken him out to get a bite to eat. The incident left everyone shaken, Meghan said.
She said she wanted to spend time with her son, but she and Harry had to go and do another official engagement.
“The focus ends up being on how it looks instead of how it feels,” Meghan said. “And part of the humanizing and the breaking through of these labels and these archetypes and these boxes that we’re put into is having some understanding on the human moments behind the scenes that people might not have any awareness of and to give each other a break.
“Because we did — we had to leave our baby,” she said.
Williams, who turns 41 next month, and Meghan spoke about the tennis star’s recent announcement about stepping away from tennis. Williams said she discussed it with Prince Harry before revealing her decision publicly.
“Obviously I’m retiring professionally, but it’s also an evolution. I’m doing more business things. And I really want to expand my family. And, you know, I’ve been putting it off for so long. And as a woman, there’s only so, so long you can put that off,” Williams said.
Harry and Meghan have a multi-year deal to produce and host podcasts for Spotify under their production company Archewell Audio. Meghan has said the “Archetypes” podcast will focus on harmful labels and stereotypes applied to women.
The Spotify deal is one of several high-profile deals the couple have struck, including one with Netflix. Harry and Meghan stepped away from royal duties in March 2020 over what they described as intrusions and racist attitudes of the British media toward the duchess. They have since relocated to California, where they are raising their children, Archie and Lili. | https://cw33.com/news/nexstar-media-wire/serena-williams-tells-meghan-of-babys-injury-before-match/ | 2022-08-24T12:00:15Z |
BENSALEM, Pa., Aug. 18, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against LifeStance Health Group, Inc. ("LifeStance" or the "Company") (NASDAQ: LFST).
Class Period: June 2021 IPO
Lead Plaintiff Deadline: October 11, 2022
Investors suffering losses on their LifeStance investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the number of virtual visits clients were undertaking utilizing LifeStance was decreasing as the COVID-19 lockdowns were being lifted, thereby flatlining the Company's out-patient/virtual revenue growth; (2) that the percentage of in-person visits clients were undertaking utilizing LifeStance was increasing as the COVID-19 lockdowns were being lifted, thereby causing the Company's operating expenses to increase substantially; (3) that LifeStance had lost a large number of physicians due to burn-out and, as a result, its physician retention rate had fallen significantly below the 87% highlighted in the Registration Statement and the Company had been expending additional costs to onboard new physicians who were less productive than the outgoing physicians they were replacing; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith | https://www.wibw.com/prnewswire/2022/08/18/lfst-investors-have-opportunity-lead-lifestance-health-group-inc-securities-fraud-lawsuit/ | 2022-08-18T15:40:41Z |
Charge electric vehicles free at SARTA's Belden Village Transit Center
CANTON – The Stark Area Regional Transit Authority has added a state-of-the-art electric vehicle charging station at SARTA’s Belden Village Transit Center.
There is no charge for using the ChargePoint Level 2station, which is capable of charging two vehicles at a time in four to five hours. A $15,000 EPA grant was used to fund the station, which went online March 1.
“In addition to being a perfect fit with our sustainability efforts, the charging station will give us the opportunity to attract new riders,” SARTA CEO Kirt Conrad said.
“EV owners can pull in, plug in, and then hop on one of our hydrogen fuel cell or CNG-powered buses and take a short ride to the Belden Village Mall, go to work, go to school, go to a medical appointment, go out to eat, go bowling, take in a movie or visit the Hall of Fame. We look at as a real win-win. EV owners get a free charge, and we get to demonstrate that SARTA is the safe, affordable, convenient, low-emission way to reach thousands of destinations in Stark County and beyond.” | https://www.cantonrep.com/story/news/2022/04/19/charge-electric-vehicles-free-sartas-belden-village-transit-center/7366380001/ | 2022-04-19T21:26:03Z |
NEW YORK, May 13, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds of purchasers of the securities of Lilium N.V. f/k/a Qell Acquisition Corp. (NASDAQ: LILM, LILMW, QELL, QELLU, QELLW) between March 30, 2021 and March 14, 2022, inclusive (the "Class Period") of the important June 17, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.
SO WHAT: If you purchased Lilium securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Lilium class action, go to https://rosenlegal.com/submit-form/?case_id=4894 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Lilium materially overstates the Lilium Jet's design and capabilities; (2) Lilium materially overstates the likelihood for the Lilium Jet's timely certification; (3) Lilium misrepresents its ability to obtain or create the necessary batteries for the Lilium Jet; (4) the SPAC-merger would not and did not generate enough cash to commercially launch the Lilium Jet; (5) Qell Acquisition Corp. did not engage in proper due diligence regarding the Merger; and (6) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Lilium class action, go to https://rosenlegal.com/submit-form/?case_id=4894 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/05/13/rosen-national-trial-lawyers-encourages-lilium-nv-fka-qell-acquisition-corp-investors-with-losses-excess-100k-secure-counsel-before-important-deadline-securities-class-action-commenced-by-firm-lilm-lilmw-qell-qellu-qellw/ | 2022-05-14T01:03:37Z |
NEW YORK, April 7, 2022 /PRNewswire/ -- Consolidated Edison, Inc. (Con Edison) (NYSE:ED) plans to report its 1st Quarter 2022 earnings on May 5, 2022 after the market closes.
Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $14 billion in annual revenues and $63 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following subsidiaries: Consolidated Edison Company of New York, Inc. (CECONY), a regulated utility providing electric service in New York City and New York's Westchester County, gas service in Manhattan, the Bronx, parts of Queens and parts of Westchester, and steam service in Manhattan; Orange and Rockland Utilities, Inc. (O&R), a regulated utility serving customers in a 1,300-square-mile-area in southeastern New York State and northern New Jersey; Con Edison Clean Energy Businesses, Inc., the second-largest owners of solar electric projects in North America, which, through its subsidiaries develops, owns and operates renewable and sustainable energy infrastructure projects and provides energy-related products and services to wholesale and retail customers; and Con Edison Transmission, Inc., which falls primarily under the oversight of the Federal Energy Regulatory Commission and through its subsidiaries invests in electric transmission projects supporting its parent company's effort to transition to clean, renewable energy. Con Edison Transmission manages, through joint ventures, both electric and gas assets while seeking to develop electric transmission projects that will bring clean, renewable electricity to customers, focusing on New York, New England, the Mid-Atlantic states and the Midwest.
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SOURCE Consolidated Edison, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/07/con-edison-report-1st-quarter-2022-earnings-may-5/ | 2022-04-08T01:30:01Z |
Tennessee pauses executions, will review lethal injections
NASHVILLE, Tenn. (AP) — Gov. Bill Lee paused executions in Tennessee for the rest of the year on Monday after revealing that the state had failed to ensure its lethal injection drugs were properly tested. The oversight forced Lee to abruptly halt the execution of Oscar Smith an hour before he was to die last month.
Lee did not initially disclose the reason for stopping Smith’s execution other than to say there was an “oversight” in the preparation of the lethal injection drugs. Tennessee’s execution protocols require any compounded drugs to be independently tested for potency, sterility and endotoxins. In his Monday statement, Lee said the drugs for Smith’s execution were tested for potency and sterility, but not endotoxins.
Smith’s attorneys had called for a moratorium on executions and independent review of the problems last week. In a Monday statement, Federal Public Defender Kelley Henry said the Republican governor’s decision shows “great leadership.”
“The use of compounded drugs in the context of lethal injection is fraught with risk,” Henry said. “The failure to test for endotoxins is a violation of the protocol. Governor Lee did the right thing by stopping executions because of this breach.”
Lee appointed former U.S. Attorney Ed Stanton to review circumstances that led to the failure to test for endotoxins. He’ll also review the clarity of the state’s lethal injection manual and look at Tennessee Department of Correction staffing considerations, Lee said in a statement.
“I review each death penalty case and believe it is an appropriate punishment for heinous crimes,” Lee said. “However, the death penalty is an extremely serious matter, and I expect the Tennessee Department of Correction to leave no question that procedures are correctly followed.”
The pause will remain in effect through the end of the year to allow time for the review and corrective action, Lee said.
Henry said last week that the night before the execution, she requested the results of the tests for potency, sterility and endotoxins but received no response. Henry suspects at least two of the three execution drugs were compounded, rather than commercially manufactured, she said, although secrecy rules surrounding Tennessee executions makes it difficult to know for certain.
After a public outcry several years ago, many drug manufacturers refused to sell their medications for executions, making the drugs difficult for prison systems to obtain. Tennessee and many other states also began approving exemptions to open records laws, shrouding the identity of drug suppliers and other information about executions in secrecy.
It was through a public records request that Henry received heavily redacted records from the state’s last lethal injection execution in 2019. She believes the drugs in that case did not pass the required tests. Drugs are supposed to be tested to United States Pharmacopeial Convention (USP) standards. Henry said she believes those drugs were tested but using a standard from a different country, likely because they were sourced from overseas.
Lee’s statement said he has asked Stanton to review the “adherence to testing policies” since the state’s lethal injection manual was last updated in 2018.
While lethal injection was adopted as a humane alternative to the electric chair, it has been the subject of consistent problems and lawsuits.
“Every single time people at my office have raised problems, they’ve had to make adjustments — whether it’s the wrong drug, the wrong potency, or the USP,” Henry said at a news conference last week. The problems were all predicted in a lawsuit challenging the state’s lethal injection procedure, she said.
Tennessee uses a three-drug series to put inmates to death: midazolam, a sedative to render the inmate unconscious; vecuronium bromide, to paralyze the inmate; and potassium chloride, to stop the heart. Officials have said the inmates are unconscious and unable to feel pain. Expert witnesses for inmates, however, have said the inmates would feel like they are drowning, suffocating and being burned alive, all while unable to move or call out.
Of the seven inmates Tennessee has put to death since 2018 — when Tennessee ended an execution pause stretching back to 2009 — five have chosen to die in the electric chair. Smith declined to make a choice, meaning he was scheduled to be executed by the state’s preferred method of lethal injection.
Smith was sentenced to death for fatally stabbing and shooting his estranged wife, Judith Smith, and her teenage sons, Jason and Chad Burnett, at their Nashville home on Oct. 1, 1989. At 72, Smith is the oldest inmate on Tennessee’s death row. His reprieve expires on June 1, after which the state Supreme Court will set a new execution date.
____
Reynolds reported from Louisville, Kentucky
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/02/tennessee-pauses-executions-will-review-lethal-injections/ | 2022-05-02T17:19:49Z |
NEW YORK, June 14, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Teladoc Health, Inc. (NYSE: TDOC) alleging that the Company violated federal securities laws.
Class Period: October 28, 2021 to April 27, 2022
Lead Plaintiff Deadline: August 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in TDOC:
https://www.kleinstocklaw.com/pslra-1/teladoc-health-inc-loss-submission-form-2?id=28450&from=4
Teladoc Health, Inc. NEWS - TDOC NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Teladoc Health, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Teladoc you have until August 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Teladoc securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the TDOC lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/teladoc-health-inc-loss-submission-form-2?id=28450&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.mysuncoast.com/prnewswire/2022/06/14/tdoc-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-5-2022-class-action-filed-behalf-teladoc-health-inc-shareholders/ | 2022-06-14T10:30:01Z |
Leading Massage Franchise Appoints New Chief Financial Officer and Vice President of Franchising
SAN ANTONIO, May 17, 2022 /PRNewswire/ -- As the global wellness category continues to climb, companies within the crowded category are being strategic on how to flourish and best serve those seeking personal wellness routines. Massage Heights, the franchise known for its resort-quality massage, skincare and wellness services, announced two new hires to its growing executive team, welcoming Ginger McNab as Chief Financial Officer and Kim Robinson as Vice President of Franchise Development.
The company driven by helping others achieve a life of wellness that inspires, transforms, and renews people within the organization, members, and communities, has added individuals who reflect the company's culture of care and who are passionate and diligent.
McNab's financial guidance has been sought after in different sectors including hospitality, cable television/ telecommunications and predominately the wellness category. She spent over 10 years with Massage Envy managing all accounting operations and financial reporting. Prior to joining Massage Heights, McNab served over two years as the VP of Finance for LunchboxWax.
Robinson comes to Massage Heights with 14 years of franchise sales background and well-versed in real estate development. She's worked with brands such as TastiD Life, Planet Smoothie and, Chem-Dry. She helped expand the AAMCO Transmissions and Total Car Care Company for seven years and successfully closed 45 new franchise deals and 18 franchise resales within 20 months.
"Ginger and Kim are joining at the perfect time as Massage Heights has been transforming from the inside out with lots of future initiatives designed to do what we do best, providing personalized therapeutic experiences for communities, while always seeking to provide the best practices for our franchisees and their team members," said Susan Boresow, President and CEO of Massage Heights. "As we gear up to achieve significant growth throughout the coming years we are thrilled to have the right people, in the right seats."
After achieving a record volume year in 2021, Massage Heights Franchising is projecting +7% AUV growth in 2022. The company projects to expand in Texas, New Jersey, New York and Arizona.
"My career has always been about helping people discover their own American Dream and I've had the pleasure of cheering on hundreds of entrepreneurs as they've launched their businesses in lucrative industries," said Robinson. "Thankful to now assist those who want to pair their own deep passions for self-care and therapeutic wellness with a proven business model, that has the systems and support network to help change lives and impact communities."
About Massage Heights
The massage franchise started in 2004 and has grown to more than 120 Retreats throughout North America by providing personalized wellness treatment options through therapeutic massage and skincare services. Massage Heights is a family-owned massage and wellness franchise dedicated to elevating the lives of others by providing Members and Guests with professional, affordable and resort-quality massage, skincare and wellness services. For more information about Massage Heights and its franchise opportunities, please visit MassageHeightsFranchise.com.
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SOURCE Massage Heights | https://www.mysuncoast.com/prnewswire/2022/05/17/massage-heights-expands-senior-leadership-team/ | 2022-05-17T16:13:37Z |
(NEXSTAR) – The 56-year-old soap “Days of Our Lives” won’t be broadcast on network television anymore, NBC announced Wednesday.
The show will be moved to NBC Universal’s streaming platform Peacock on Sept. 12. All new episodes will be added to Peacock, where old episodes are already available to stream for paying subscribers.
“NBC News Daily,” a new hourlong newscast, will air in its time slot, the company said in a press release.
Peacock has three payment tiers: free, $4.99 a month for “Premium,” and $9.99 a month for “Premium Plus.” NBC confirmed to Nexstar that “Days of Our Lives” will only be available those paying $4.99 per month or more – Premium and Premium Plus subscribers.
You have to pay for a Premium Plus membership to watch shows and movies without ads.
“This programming shift benefits both Peacock and NBC and is reflective of our broader strategy to utilize our portfolio to maximize reach and strengthen engagement with viewers,” Mark Lazarus, Chairman, NBCUniversal Television and Streaming, said in Wednesday’s announcement. “With a large percentage of the ‘Days of Our Lives’ audience already watching digitally, this move enables us to build the show’s loyal fanbase on streaming while simultaneously bolstering the network daytime offering with an urgent, live programming opportunity for partners and consumers.”
“Days of Our Lives,” which premiered in 1965, is in its 55th season. The drama series is a 58-time Emmy Award winner, according to NBC. | https://cw33.com/news/nexstar-media-wire/days-of-our-lives-moving-off-air-will-only-be-streamed-on-peacock/ | 2022-08-03T23:57:01Z |
Expansion will bring internet speeds up to 2 Gbps to one of the fastest growing counties in Maryland
EDINBURG, Va., July 13, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced a $10 million grant award from the Maryland Office of Statewide Broadband to deploy next generation fiber-to-the-premises (FTTP) broadband services in Frederick County, MD. Construction will begin in 2023 to deliver an all-fiber choice for reliable high-speed internet service to over 3,000 homes and businesses in the County. Glo Fiber is currently building their multi-gigabit fiber network in the City of Frederick, with service already available in some neighborhoods.
"As the last few years have shown, high-quality and affordable internet access is critical for education, telehealth, and most importantly — jobs," said Congressman David Trone. "This funding, provided by the federal American Rescue Plan, is a win for investing in Frederick County's way of life while maintaining access to the essential services and economic benefits that broadband provides. By working with our state and local leaders, I remain committed to delivering the tools our communities need to thrive in the 21st century." Congressman Trone has been a prominent advocate, working tirelessly for rural broadband funding.
"Reliable internet access is a necessity in today's world. Building out a system to serve all pockets of our community will take time and money, so I welcome news of this grant to help reach many of our rural areas," said Jan Gardner, Frederick County Executive. "I want to thank our federal partners, particularly Senator Chris Van Hollen and Congressman David Trone, for making broadband a priority. Frederick County's broadband study helped to lay the groundwork for the project announced today, and we will continue to look for opportunities to encourage private companies to invest in rural areas."
Glo Fiber provides unlimited multi-gigabit internet access with symmetrical upload and download speeds, streaming TV, and phone service in the Mid-Atlantic region. Using Shentel's 7,600-mile regional fiber network, Glo Fiber can ensure high speeds, low latency, and fair pricing. The company has earned a reputation for providing outstanding local customer service across its markets, including the growing list of communities in Maryland, Pennsylvania, Virginia, West Virginia, and Delaware.
"Shentel is thrilled at the opportunity to work with local and state officials to finally bring this critical service to residents who have remained unserved for far too long," said Chris Kyle, Vice President of Industry and Regulatory Affairs at Shentel. "These innovative partnerships are exactly what we need to finally close the digital divide, and we are proud to be able to join in the great work that Frederick County and the State of Maryland have been doing. We look forward to continuing to expand our network in Frederick County well beyond this project."
To learn more about Glo Fiber, please visit www.glofiber.com. For more information about Shentel, please visit www.shentel.com or call 1-800-SHENTEL (1-800-743-6835).
Glo Fiber (Glo) provides next-generation fiber-to-the-home (FTTH) multi-gigabit broadband internet access, live streaming TV, and digital home phone service powered by Shentel (Nasdaq: SHEN). Glo provides the fastest available service to residents leveraging XGS-PON, a state-of-the-art technology capable of symmetrical internet speeds up to 10 Gbps.
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art cable, fiber-optic and fixed wireless networks to customers in the Mid-Atlantic United States. The Company's services include: broadband internet, video, and voice; fiber-optic Ethernet, wavelength and leasing; and tower colocation leasing. The Company owns an extensive regional network with over 7,600 route miles of fiber and over 220 macro cellular towers. For more information, please visit www.shentel.com.
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SOURCE Shenandoah Telecommunications Company | https://www.kxii.com/prnewswire/2022/07/13/shentel-awarded-grant-bring-its-glo-fiber-high-speed-network-frederick-county-maryland/ | 2022-07-13T20:43:16Z |
WEST PALM BEACH, Fla., May 19, 2022 /PRNewswire/ -- In celebration of National Police Week, Mint Eco Car Wash has announced that they will be offering free car washes for police vehicles as a permanent part of Mint Eco's community outreach initiative. To date, Mint Eco has washed over 500 police cars across many police departments in the county, including the West Palm Beach Police Department, the Palm Beach Police Department, the Jupiter Police Department, and the Palm Beach County Sheriff's Office.
Geoffrey Jervis, Co-Founder and CEO of Mint Eco, shared, "While we will never be able to repay the men and women of the police forces who protect us every day, our free car wash for police vehicles program is a small step in the right direction. Ever since we founded Mint Eco in 2019, we have offered support for the police force that patrols the neighborhood within which we have a car wash. The principle is simple, 'if you wear Kevlar for me, we will wash your car for free.' Today, we are making the program permanent for any municipality within which we do business."
Vic Monteleone, Co-Founder and President of Mint Eco added, "One of our pillars as a business is a long-term commitment to bettering the communities where we do business. Great communities are built on the pillars of trust and safety, and you can't have those two things without a dedicated police presence. We appreciate everything that our police departments have done to keep our communities, customers, and families safe and want them to know they will always have our support as a local business."
Details of the free wash program state that Mint Eco Car Wash will provide a free car wash to any police vehicle from a municipality within which Mint Eco has a car wash. Today, Mint Eco has car washes located in West Palm Beach and Jupiter. The Palm Beach Police Department, as a neighboring municipality, as well as the Palm Beach Sheriff's Office are also included in the offer. Mint Eco plans to have a car wash in every municipality in Palm Beach County and will extend this offer as it grows.
"Here at Mint Eco, we know better than anyone that maintaining a large fleet of vehicles in top condition starts with keeping them clean," shared Shannon Hunihan, Chief Marketing Officer for Mint Eco. "What we also know, from listening to friends of Mint Eco, is that it is often hard for an officer to find a clean, safe spot to make a stop while on patrol to use the restroom or refill a water bottle. We want our local law enforcement to know that they are always welcome to stop by any Mint Eco and use our facilities, any time we are open. We also have free coffee available for you on those extra-long days!"
About Mint Eco:
Mint Eco Car Wash is bringing A Fresh Approach to Washing Cars across Palm Beach County, with its unique mission statement: "We exist to make people happy. We believe a clean car makes you feel good and makes you optimistic about the rest of your day. And we LOVE being in the business of selling happiness." Founded in 2019 in West Palm Beach, Mint Eco has grown to over 100 employees and has washed hundreds of thousands of cars in Palm Beach County to date.
Mint Eco currently operates three car washes in Palm Beach County: Mint Eco Car Wash Downtown, located at 316 Southern Boulevard in West Palm Beach, Mint Eco Car Wash Jupiter, located at 220 Maplewood Drive in Jupiter, and Mint Eco Car Wash Okeechobee/Turnpike, located at 1950 Golden Lakes Boulevard in West Palm Beach, with plans to develop 50 more locations over the next several years. To learn more visit, www.mintecocarwash.com.
Contact:
Shannon Hunihan
Chief Marketing Officer
Shannonh@mintecocarwash.com
941-587-4965
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SOURCE Mint Eco Car Wash | https://www.wibw.com/prnewswire/2022/05/19/mint-eco-car-wash-wash-all-police-vehicles-free/ | 2022-05-19T14:32:40Z |
The majority of renters report that rental costs are their biggest financial strain and barrier to putting aside savings, according to Realtor.com®'s Avail Quarterly Landlord and Renter Survey
SANTA CLARA, Calif., May 19, 2022 /PRNewswire/ -- New data indicates that rental competition remained relentless in April, as the U.S. median rental price hit a new high ($1,827) for the 14th month in a row, according to the Realtor.com® Monthly Rental Report released today. These trends spotlight the affordability struggles reported by renters in Realtor.com®'s Avail Quarterly Landlord and Renter Survey also published today, which found higher rents are increasingly cutting into households' budgets for regular expenses and savings.
"April data illustrates the perfect storm of supply and demand dynamics behind the continued rent surge, from a low number of available rentals to higher for-sale housing costs forcing many would-be buyers to rent for longer than planned," said Realtor.com® Chief Economist Danielle Hale. "Renters are being left with few options but to meet higher rents and, in some cases, even offer above asking – whether they can afford to or not. Avail's new survey shows rents are not only maxing out renters' housing budgets but are the biggest strain on their overall finances, even as inflation drives up expenses across the board. For renters trying to stay on budget, making a list of must-have features is key and using a tool like the Realtor.com® Rentals app can help you find (and stick to) your parameters. This will be especially important as, if recent trends continue, we expect the typical U.S. asking rent to eclipse $2,000 by August."
April 2022 Rental Metrics – National
April rents maintain record-breaking run, despite annual growth cooling slightly
Realtor.com®'s April data showed national rents maintained their record-breaking run that began in January 2021, despite posting a slightly smaller year-over-year gain than in March. The continued rent surge is attributed to the mismatch between rental supply and rising demand, largely from would-be homebuyers. Some of these aspiring homeowners are staying in the rental market for longer than they may have intended, due to intensifying cost pressures driven by both the longstanding housing supply shortage and more recent inflationary economy. If these trends continue, national asking rents will likely surpass 2022's forecasted year-over-year growth projections (+7.1%) by end of year.
- The U.S. median rental price hit a new high of $1,827 in April, while the annual growth rate (+16.7%) moderated slightly from the March pace (+17.0%). Still, rents continued to rise at a double-digit annual pace, reaching 21.0% higher than in April 2020 right after the onset of COVID.
- Studio rents grew at a faster year-over-year pace (+17.2%) than one-bedrooms (+15.6%) and two-bedrooms (+15.9%). This is largely due to the ongoing rental market comeback in major downtowns where smaller living spaces are common, with studio rents up double-digits over April 2021 in all 10 of the biggest tech hubs, led by: New York City (29.1%), Boston (+27.4%) and Austin, Texas (+25.0%).
- In a potential reflection of shifting migration patterns during the pandemic, the five large markets that posted April's biggest overall rental price gains year-over-year were in the Sun Belt: Miami (+51.6%), Orlando, Fla. (32.9%), Tampa, Fla. (27.8%), San Diego (25.6%) and Las Vegas (24.8%).
Avail survey finds renters are struggling to keep up with rising costs
With rental demand on the rise, landlords with limited available units are able to adjust asking rents on both new and renewing leases to reflect the increasingly competitive market. In fact, the majority of landlords surveyed by Realtor.com®'s Avail reported plans to increase rental prices within the next 12 months. This could mean further rental affordability challenges, with many surveyed renters already feeling the squeeze on their finances and savings, as inflation drives up the cost of everything from rent to regular household expenses.
- Among renters surveyed in April, 66.1% said higher rents and related household costs are their top cause of financial strain – ahead of other expenses like food and groceries (57.3%) and auto and transportation (50.8%).
- Higher rents are also limiting renters' ability to save, with more than three-quarters of renters (76.1%) saving less each month than at the same time last year. The typical household surveyed reported being able to save just $50 each month.
- Of respondents whose rents have gone up on their current unit, 72.9% are considering a move to a more affordable rental. However, lower-cost options are dwindling, with renters who moved in the past year typically paying higher rents ($350) than they did previously. Those who are staying put are trying to cut costs, most commonly on entertainment (67.1%) and food and groceries (62.3%).
- Additionally, trends among surveyed landlords indicate that renters aren't likely to see relief any time soon. Nearly three-quarters of landlords (72.1%) plan to raise the rent of at least one property this year, up from 65.1% in the January survey.
"Our survey data underscores how renters and landlords alike are feeling the squeeze of inflation and higher costs. For renters in particular, many may understandably feel caught between a rock and a hard place, but remember that there are resources that can help. Doing your research can go a long way in helping you prepare to navigate rent increases and their impact on your family's finances," said Ryan Coon, Avail co-founder and VP of Rentals at Realtor.com®.
Renters grappling with higher costs can access free financial counseling through the Renter Advantage program, a collaboration between Realtor.com®'s Avail, the National Foundation for Credit Counseling, the Housing Partnership Network, and Wells Fargo. Learn more here.
April 2022 Rental Metrics – 50 Largest U.S. Metro Areas
Methodology
Realtor.com® Monthly Rental Trends: Data as of April 2022 for studio, 1-bedroom, or 2-bedroom units advertised as for-rent on Realtor.com®. Rental units include apartment communities as well as private rentals (condos, townhomes, single-family homes). National rents were calculated by averaging the medians of the 50 largest U.S. metropolitan areas, defined by the Core-Based Statistical Area (CBSA). Realtor.com® began publishing regular monthly rental trends reports in October 2020 with data history going back to March 2019.
Note: With the release of its February 2022 Rental Report, Realtor.com® incorporated a new and improved methodology (see details here). As a result of these changes, the rental data released since March 2022 will not be directly comparable with prior publications. However, future releases, including historical data, will consistently apply the new methodology.
Realtor.com®'s Avail Quarterly Landlord and Renter Survey: Survey responses collected from a nationally representative sample of more than 2,400 independent landlords and their renters. The survey was conducted between April 21st, 2022 and May 2nd, 2022. The margin of error for landlords is ± 2.9%, and ± 2.7% for renters.
About Realtor.com®
Realtor.com® makes buying, selling, renting and living in homes easier and more rewarding for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago, and today through its website and mobile apps offers a marketplace where people can learn about their options, trust in the transparency of information provided to them, and get services and resources that are personalized to their needs. Using proprietary data science and machine learning technology, Realtor.com® pairs buyers and sellers with local agents in their market, helping take the guesswork out of buying and selling a home. For professionals, Realtor.com® is a trusted provider of consumer connections and branding solutions that help them succeed in today's on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com®.
Media Contact
rachel.conner@move.com
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SOURCE Realtor.com | https://www.mysuncoast.com/prnewswire/2022/05/19/realtorcom-april-rental-report-national-rents-hit-their-14th-straight-month-record-highs/ | 2022-05-19T10:49:19Z |
HANGZHOU, China, April 25, 2022 /PRNewswire/ -- Hikvision has released its full-year 2021 financial results, reporting a total revenue of RMB 81.42 billion, and achieving a year-over-year (YoY) growth of 28.21%. The net profits attributable to shareholders of the company was RMB 16.80 billion, reflecting a YoY growth of 25.51%.
Overseas revenue in 2021 amounted to RMB 21.99 billion, with YoY growth of 24.23%, accounting for 27% of the total revenue of the company.
Hikvision also released its Q1 2022 financial results, and reported a revenue of RMB 16.52 billion, which represents a YoY increase of 18.11%. Net profits attributable to shareholders of the company was RMB 2.28 billion, representing a YoY growth of 5.29%.
Moving forward, the company will continue to focus on the innovation of technologies, products, and solutions to create value for customers and society. Hikvision is committed to serving various industries through its cutting-edge technologies of machine perception, artificial intelligence, and big data, leading the future of AIoT.
The full annual report 2021 and Q1 2022 report can be read here.
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SOURCE Hikvision Digital Technology | https://www.wibw.com/prnewswire/2022/04/25/hikvision-releases-full-year-2021-first-quarter-2022-financial-results/ | 2022-04-25T13:37:03Z |
--Ascletis presented Phase IIb clinical trial results of subcutaneous PD-L1 antibody ASC22 for functional cure of CHB at oral session of EASL ILC 2022 on June 25, 2022, Beijing Time
--The Phase IIb clinical trial results further demonstrated the potential of ASC22+NAs treatment as a functional cure for CHB
--On-treatment ALT flares might be used as a predictor or monitor of patients' responses to the CHB treatment
HANGZHOU, China and SHAOXING, China, June 26, 2022 /PRNewswire/ -- Ascletis Pharma Inc. (HKEX:1672, "Ascletis") today announces the latest Phase IIb clinical trial results of subcutaneous PD-L1 antibody ASC22 (Envafolimab) in patients with chronic hepatitis B (CHB) at an oral parallel session of the International Liver Congress™ 2022 (ILC 2022) held by the European Association for the Study of the Liver (EASL).
The interim report is based on a randomized, single-blind, multi-center Phase IIb clinical trial to assess the efficacy and safety of ASC22 in treatment of CHB patients (ClinicalTrials.gov Identifier: NCT04465890). In 1.0 mg/kg ASC22 cohort, 75 CHB patients were randomized to be treated with 1.0 mg/kg ASC22 (n=60) or placebo (PBO, n=15) once every 2 weeks (Q2W) plus nucleos(t)ide analogs (NAs) for 24-week and then followed for another 24 weeks.
The following sets forth the key findings from the Phase IIb clinical study on ASC22:
- 42.9% patients with baseline HBsAg ≤100 IU/mL (n=7) obtained sustained HBsAg loss.
- ALT flares were observed on 21% patients in ASC22 group (n=48) while none in PBO group.
- Patients with ALT flares had more HBsAg reduction. Among the three patients with sustained HBsAg loss, two experienced ALT flares.
- One patient obtained sustained HBsAg loss starting at Week Four after two doses of ASC22 and experienced a transient seroconversion of anti-HBs at Week 28. This patient stopped NAs treatment three days after 24-week treatment of ASC22, and HBsAg still remained negative until end of the study.
- Most adverse events (AEs) (97.5%) were Grade 1-2, and no study drug-related serious adverse event (SAE) was reported.
"For the past years, Ascletis has been dedicated to developing therapy for the functional cure of CHB. ASC22 is the most advanced clinical stage immunotherapy in the world for CHB functional cure, i.e. HBsAg loss, through blocking PD-1/PD-L1 pathway. It's a great honor that our industry leading clinical trial result on immunotherapy has been recognized by the reviewers and scientific committee of EASL and accepted as oral presentation in ILC. We are very encouraged by the promising efficacy and safety profile that ASC22 has achieved as a potential functional cure for CHB. We expect to further advance the clinical studies to benefit more patients." Said Dr. Jinzi J. Wu, Founder, Chairman and CEO of Ascletis.
CHB remains to be a significantly unmet medical need globally, with approximately 86 million people in China and 1.59 million people in the U.S. infected with hepatitis B virus (HBV) [1]. NAs inhibit only reverse transcription of HBV RNA into HBV DNA and do not inhibit the transcription of HBV cccDNA into HBV RNA, thus have no inhibitory effect on HBsAg.
Abstract presented at ILC 2022 is as follows:
ALT flares were linked to HBsAg reduction, seroclearance and seroconversion: interim results from a phase IIb study in chronic hepatitis B patients with 24-week treatment of subcutaneous PD-L1 Ab ASC22 (Envafolimab) plus nucleos(t)ide analogs
Presentation Type: Oral Presentation
Session: Abstract session: Hepatitis B emerging therapies
Presenter: Prof. Guiqiang Wang, Director of Infectious Diseases Department and Liver Disease Center of Peking University First Hospital
Presentation time: June 25, 2022, Saturday, 15:15-15:30 (Beijing Time)
[1]Lim J K, Nguyen M H, Kim W R, et al. Prevalence of Chronic Hepatitis B Virus Infection in the United States [J]. The American journal of gastroenterology 2020, 115(9): 1429-38.
About EASL
EASL is the world's leading medical association dedicated to liver diseases research. As the annual flagship event with over 10, 000 representatives participating every year, ILC is one of the most influential congress on hepatology research globally where the advances, best practices and latest scientific breakthroughs are shared with the global community. Among the 1,993 abstracts accepted by ILC this year, total nine Chinese abstracts have been admitted to oral presentation. Ascletis' ASC22 on CHB functional cure is the only China biotech-initiated, HBV-related study that has been selected for oral presentation at ILC 2022.
About Ascletis
Ascletis is an innovative R&D driven biotech listed on the Hong Kong Stock Exchange (1672.HK), covering the entire value chain from discovery and development to manufacturing and commercialization. Led by a management team with deep expertise and a proven track record, Ascletis focuses on three therapeutic areas with unmet medical needs from a global perspective: viral diseases, non-alcoholic steatohepatitis (NASH) and oncology. Through excellent execution, Ascletis rapidly advances its drug pipeline with an aim of leading in global competition. To date, Ascletis has three marketed products, i.e. ritonavir tablets, GANOVO® and ASCLEVIR®, and 20 drug candidates in its R&D pipeline. The most advanced drug candidates include ASC22 (HBV functional cure), ASC10 and ASC11(oral small molecules for COVID-19 treatment), ASC40 (recurrent glioblastoma), ASC42 (PBC, primary biliary cholangitis), and ASC40 (acne).
For more information, please visit www.ascletis.com.
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SOURCE Ascletis Pharma Inc. | https://www.mysuncoast.com/prnewswire/2022/06/27/ascletis-subcutaneous-pd-l1-antibody-asc22-demonstrated-potential-functional-cure-chronic-hepatitis-b-429-patients-with-baseline-hbsag100-iuml-obtained-sustained-hbsag-loss/ | 2022-06-27T00:49:45Z |
ALBANY -- Most college-age musicians go to other countries in search of the big three: sex, drugs, and to earn their stripes in rock and roll.
Joel Johnson is an anomaly, an outlier. In a roundabout way, he used an opportunity to tour Europe with a musical theater troupe as a means of finding, of all things, a passion for teaching he never dreamed he had.
It's those two passions in Johnson's life -- teaching and music -- that led him, on his own dime, it should be noted, to South Africa to play music and present lectures at college campuses as part of his "2022 International Music Industry Hip-Hop and American Popular Music Academic Lecture/Performance Series."
"I wanted this to be more than music, more than teaching, more of a mission," Johnson, who is an associate professor of Music Industry and Modern Strings at Albany State University, said before heading to Orlando and eventually his flight to South Africa. "I said to myself, 'Why not take my skills where they'll have me?' I could afford the opportunity to travel, and I had made connections with professors around the world.
"I decided to see if I could make use of my networking contacts, many of which I made while traveling with (former JB -- James Brown's backing band) Fred Wesley and the New JBs. I sent out some emails and got some bites. I thought that it would be a great opportunity personally, but I also thought such a trip might create a relationship between Albany State and institutions in Africa."
Not bad diplomacy on behalf of ASU from a guy who, until 2011, had never even heard of the southwest Georgia institution.
"I was planning to head back to (alma mater) South Carolina State (University) to teach, but as a single father, I wanted to talk with my son and see how he felt about the move," Johnson said. "We'd been in Tallahassee, Fla., (Johnson was assistant band director at Florida State University) for several years, and he said, 'Dad, this is my senior year. Is there any place you could work so that I can finish high school with my friends?'
"I didn't want to uproot him, so I started asking around. One of my friends said, 'Have you thought of Albany State University?' and I said, 'Who?' But I rode up to the campus unannounced hoping to get 5 minutes with the dean, and ended up staying for a 45-minute conversation. By the time I left, they'd created a position for me and offered me a job."
Johnson taught himself music at an early age, developing an uncanny ear that led his parents to buy him his first guitar, a plastic Toys R Us special that he begged for incessantly. ("I think they gave in just to shut me up, but I loved that guitar. I still have it today, with the original strings," Johnson said.) By 13 he was being schooled on the ins and outs of music by none other than Bill Pinkney, the last surviving member of the Drifters.
He played in every garage band and pickup group in the Orlando area, wowing his peers with his versions of Van Halen, Jimi Hendrix, Wes Montgomery and George Benson numbers. But, unlike most young guitarists with even a bit of accomplishment, Johnson never set his sights on making music for a living.
"In a weird kind of way, I never thought I'd be good enough to play professionally," he said. "I never wanted to be anyone's 'next George Benson.' I just wanted to be my best me."
Johnson planned to attend Florida A&M University in Tallahassee, but a chance meeting with a jazz band from South Carolina State, where his parents met, although neither attended college, led him to a place where he'd develop what he called a "love-hate relationship with higher education."
"There was this constant push and pull," Johnson said. "I was learning new things -- and learning what the things I'd been doing were actually called -- but many of my teachers had an elitist attitude about music. They'd never toured; they didn't know what it would take to make an album. It was more an attitude of 'I'm a Beethoven scholar, and I see no significance of James Brown.'"
When Johnson graduated, he went on a tour that landed him in Scotland, where he quickly learned that there was no money to be made.
"I didn't go to pick up girls, and that was what most of the people were there for," he said. "I wanted to hear new music and figure out how to play it. I didn't care about the spotlight; I wanted to get paid."
When he tired of the routine, Johnson called his mother and told her he wanted to come home. She sent him enough money for a plane ticket, and when he returned, he ran into an old professor who was in charge of the music program at Norfolk State in Virginia. When Johnson mentioned an interest in working on an advance degree at the college, his professor placed a call to the Norfolk State dean. Later, he called Johnson and said, "Call this number."
Johnson said he had what was a "completely honest" conversation with the dean who, after learning his interest in finishing an advanced music degree, told him, "We want you." When he admitted he had no money even for the application fee, the dean told him, "Young man, all you need to do is get here."
To pay for his tuition, Johnson became a graduate teaching assistant and, one day out of the blue, an a-ha moment hit him full-on.
"I had a student who was about my age, who, when I talked about the reality of the music business, said, 'This stuff is not in the book,'" he said. "It took me about three weeks after realizing that I had something to offer that most professors didn't -- an opportunity to discuss things that I truly love about the music business -- that it dawned on me: 'This feels like home.'"
Johnson has since split his time between teaching and performing, spending considerable time with Fred Wesley and the New JBs and with Cody Chesnutt, formerly with the Roots.
Now, he's visiting South Africa and has lectures lined up at Rhodes University, Durban Music School, the University of Kwazulu Natal and the National School of the Arts in Johannesburg.
"I've been doing this kind of thing in some form or another since 2003," Johnson said. "I could see it becoming a program we could do with other musicians ... travel and present class workshops as well as performances. Right now, I'll just enjoy and make the most of this opportunity." | https://www.albanyherald.com/entertainment/albany-state-professor-takes-musical-mission-to-south-africa/article_cce493b0-ef2c-11ec-8756-231e9477a8b7.html | 2022-06-18T21:01:31Z |
Denny's is Hiring 15,000 #Friendployees Who are Seeking Flexible Work Schedules in a Friend-Friendly Work Environment
SPARTANBURG, S.C., May 19, 2022 /PRNewswire/ -- At Denny's, everything is better together – pancakes and eggs, burgers and milkshakes, and besties at work. That's why we're inviting 7,500 people and their best friends to become #Friendployees at Denny's restaurants nationwide. And, because we know that friends who work together stay together, applicants can enter for a chance to score "The Perfect Weekend Off" – an all-expense paid vacay for two to the U.S. destination of their choice.
"Denny's is a company that values family and friends and we believe there is no better way to enjoy your day on – and off – than with your best friend," said Gail Sharps Myers, Denny's Chief People Officer. "One of the great things we always hear from our restaurant employees is how much they love our friend-friendly working environment and the flexibility of working at Denny's. We're excited to welcome 15,000 new employees to our restaurants and to celebrate the flexibility they'll have with us, we're offering #Friendployees who love to work and play together a chance to win 'The Perfect Weekend Off'."
For those applying for a gig at Denny's and entering "The Perfect Weekend Off" sweepstakes, flexibility is our top priority. Applicants can visit their local Denny's restaurant to complete a special "mattplication," a perforated placemat that includes a short application with a QR code that links to the entry form. Or, they can visit Careers.dennys.com to complete a simple job application and the entry form for a chance to win. No matter how they decide to enter, applicants should be sure to share their first and last name and a valid email address and phone number on their application and entry form. There is a maximum of one entry per person and sweepstakes entrants can enter without completing an application.
The lucky winner of "The Perfect Weekend Off" will not only get a vacay – they'll work for a friend-friendly brand that offers flexibility for time off with their bestie whenever they want, to do whatever they love – checking out a hoops game, going snowboarding or even hitting up the hottest music festival of the summer – it's their choice! The prize includes a three-day/two-night trip with two round-trip domestic flights, hotel accommodations for two nights and spending money.
Apply today for a job at Denny's that offers the ultimate flexibility in a friend-friendly environment and put your name in the hat "The Perfect Weekend Off" that runs now through June 17.
NO PURCHASE OR PAYMENT NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED BY LAW OR REGULATION. Sweepstakes begins Thursday, May 19, 2022 at 6:30:01 a.m. Pacific Time ("PT") and ends Friday, June 17, 2022 at 6:30:59 p.m. PT ("Sweepstakes Period"). To enter and for official rules and prize disclosure, click here. Sponsor: Denny's Inc., TX Support Center, 2900 Ranch Trail, Irving, TX 75063.
In connection with any travel, CDC guidelines and the recommendations of health officials must be followed. In addition, guests should be aware of and comply with government guidelines regarding travel restrictions and mandatory quarantines before visiting any destination. Please note that any public location where people are present provides an inherent risk of exposure to COVID-19, and Sponsor cannot guarantee that any person will not be exposed during a visit.
About Denny's Corp.
Denny's Corporation is the franchisor and operator of one of America's largest franchised full-service restaurant chains, based on the number of restaurants. As of March 30, 2022, Denny's had 1,643 franchised, licensed, and company restaurants around the world including 153 restaurants in Canada, Puerto Rico, Mexico, the Philippines, New Zealand, Honduras, the United Arab Emirates, Costa Rica, Guam, Guatemala, El Salvador, Indonesia, and the United Kingdom. For further information on Denny's, including news releases, please visit the Denny's website at www.dennys.com or the brand's social channel via Facebook, Twitter, Instagram, TikTok, LinkedIn or YouTube.
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SOURCE Denny's Corporation | https://www.wibw.com/prnewswire/2022/05/19/calling-all-besties-dennys-is-hiring-best-friends-offering-them-chance-win-perfect-weekend-off/ | 2022-05-19T14:27:57Z |
SHANGHAI, May 5, 2022 /PRNewswire/ -- CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a global mobile internet company, today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
On May 4, 2022, in connection with its implementation of the HFCAA, the U.S. Securities and Exchange Commission (the "SEC") provisionally named the Company as a Commission-Identified Issuer following the Company's filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the "2021 Form 20-F") with the SEC on April 29, 2022.
The Company understands the SEC made such identification pursuant to the HFCAA, which states if the SEC determines that a company has filed audit reports issued by a registered public accounting firm that cannot be inspected or investigated completely by the Public Company Accounting Oversight Board (the "PCAOB"), for three consecutive years beginning in 2021, the SEC shall prohibit its shares or American depositary shares from being traded on a national securities exchange or in the over-the-counter trading market in the U.S. The Company has previously disclosed that its auditor, the independent registered public accounting firm that issued the audit report included in its 2021 Form 20-F, is identified by PCAOB as one of the registered public accounting firms that the PCAOB is unable to inspect or investigate completely.
The Company will continue to monitor market developments and evaluate all strategic options.
About CooTek (Cayman) Inc.
CooTek is a mobile internet company with a global vision that offers content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps and mobile games. CooTek's mission is to empower everyone to enjoy relevant content seamlessly. CooTek's user-centric and data-driven approach has enabled it to release appealing products to capture mobile internet users' ever-evolving content needs and helps it rapidly attract targeted users.
For more information on CooTek, please visit https://ir.cootek.com.
Safe Harbor Statement
This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident," "optimistic" and similar statements. Among other things, CooTek's strategic and operational plans, contain forward-looking statements. CooTek may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about CooTek's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: CooTek's mission and strategies; future business development, financial conditions and results of operations; the expected growth of the mobile internet industry and mobile advertising industry; the expected growth of mobile advertising; expectations regarding demand for and market acceptance of our products and services; competition in mobile application and advertising industry; relevant government policies and regulations relating to the industry and the development and impacts of COVID-19. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and CooTek does not undertake any obligation to update such information, except as required under applicable law.
For further information, please contact:
CooTek (Cayman) Inc.
Mr. Jacky Lin
Email: IR@cootek.com
ICA Investor Relations (Asia) Limited
Mr. Kevin Yang
Phone: +86-21-8028-6033
E-mail: cootek@icaasia.com
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SOURCE CooTek (Cayman) Inc. | https://www.wibw.com/prnewswire/2022/05/05/cootek-updates-status-under-holding-foreign-companies-accountable-act/ | 2022-05-05T12:07:28Z |
SHANGHAI, June 1, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and HKEX: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will hold its annual general meeting of shareholders ("AGM") on Wednesday, June 22, 2022, at 2:00 p.m. (local time), at Building One, No. 1685 Huazhi Road, Qingpu District, Shanghai, 201708, China.
No proposal will be submitted to shareholders for approval at the AGM. Instead, the AGM will serve as an open forum for shareholders and holders of the Company's American depositary shares ("ADSs") to discuss Company affairs with management.
The board of directors of the Company has fixed the close of business on May 31, 2022 (Beijing Time) as the record date (the "Record Date") for determining the shareholders entitled to receive notice of the AGM or any adjournment or postponement thereof.
Holders of record of the Company's Class A ordinary shares or Class B ordinary shares, par value US$0.0001 per share in each case, at the close of business on the Record Date are entitled to attend the AGM and any adjournment or postponement thereof in person. Holders of the Company's ADSs are welcome to attend the AGM in person.
ZTO has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission. ZTO's Form 20-F can be accessed on the Company's website at http://zto.investorroom.com, as well as on the SEC's website at http://www.sec.gov.
ZTO has also published its annual report for Hong Kong purposes pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited ("HKEX"), which can be accessed on the Company's website at http://zto.investorroom.com as well as the HKEX's website at http://www.hkexnews.hk.
About ZTO Express (Cayman) Inc.
ZTO is a leading and fast-growing express delivery company in China. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.
ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.
For more information, please visit http://zto.investorroom.com.
For investor and media inquiries, please contact:
Investor Relations Department
E-mail: ir@zto.com
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SOURCE ZTO Express (Cayman) Inc. | https://www.mysuncoast.com/prnewswire/2022/06/01/zto-express-hold-annual-general-meeting-june-22-2022/ | 2022-06-01T09:20:40Z |
— Upcoming Projects Include "47," Starring Dan Lauria;
"I Met Her at Birkenau"; and "Pink Boa" —
LOS ANGELES, Aug. 4, 2022 /PRNewswire/ -- Laurel Harris, an award-winning producer and actress—best known as Willem Dafoe's wife in the screen adaptation of Dean Koontz's best selling novel, "Odd Thomas," and for the American Girl film, "Saige Paints the Sky," opposite Jane Seymour—announces the launch of Laurel Leaf Productions, a multimedia company aimed at creating conscious film and television content. On the heels of her recurring role on the hit television series, "Big Sky," Harris unites an award-winning team of collaborators to present the 2022 slate of projects, including "47," "Pink Boa," and "I Met Her at Birkenau."
Harris says, "Working with Nobel Peace Laureates—including His Holiness the Dalai Lama and Archbishop Desmond Tutu—in the 'Nobel Legacy Film Series' fueled a burning desire to create stories that uplift and empower humanity. At Laurel Leaf Productions, we spark intelligent conversations around delicate or less popular topics, while creating content that inspires and empowers people from all walks of life."
Laurel Leaf Production's first film, "47," which begins filming this month, focuses on the often lonely anguish facing women with infertility issues. It grapples with the complex social dilemma of what it means to be a woman and working professional over 40 in America struggling with the stigmas of motherhood.
Dan Lauria, who is set to star in "47," is a familiar face to the Broadway and off-Broadway scene, having performed, written or directed over fifty equity productions—including starring on Broadway as Vince Lombardi in "Lombardi," and as the narrator in "Christmas Story, The Musical." Lauria has a score of feature films and over 70 TV guest spots to his credit. He is most familiar to audiences as the dad on the Emmy-winning television show, "The Wonder Years."
"Pink Boa" examines the seedy world of sex-trafficking through the innocent eyes of a teen girl grappling with sexuality, family and social acceptance, while reminding us that predators are not always who they seem.
"I Met Her At Birkenau" explores the more obscure side of concentration camp life in Nazi Germany through the manipulation of a brilliant girl determined to save her family no matter what the cost.
"47" is co-written by Harris and Laurie Clemmens Maier, who also wrote "Pink Boa" and the award-winning screenplay, "I Met Her At Birkenau." Maier is an accomplished screenwriter whose lengthy awards list includes the American Movie Awards, New York City International Screenplay Awards, Scriptapalooza Screenplay Competition, and winner of Best Feature Script at the California Women's Film Festival, and a Silver Winner at the WRPN Women's International Film Festival.
Award-winning writer, director and producer Rick Ramage serves on the Laurel Leaf Productions Advisory Board. As an alumni of The American Film Institute, Ramage has numerous credits from his illustrious career as a screenwriter, including involvement in over 40 Hollywood scripts. He is perhaps best known for "The Proposition" starring Kenneth Branagh, William Hurt, Madeleine Stowe and Neil Patrick Harris, as well as "Stigmata," starring Patricia Arquette and Gabriel Byrne.
For more information, visit laurelleafproductions.com
About Laurel Leaf Productions
Founded in 2022 by Emmy-winning producer and renowned actress Laurel Harris, Laurel Leaf Productions explores bolder, often delicate topics, with grace, all the while seeking to inspire humanity to greater levels of connection with themselves and each other. The company's value for tolerance, compassion and creativity speaks to its vow to create entertainment that offers better human connections for and to the world around us.
Harris unites an award-winning team of entertainment professionals with her decades long experience in the entertainment industry. Working alongside teams from the BBC and PBS, she traveled the world to film such notable figures as Nobel Peace Laureates Archbishop Desmond Tutu and His Holiness the Dalai Lama, fueling her passion to create media content that highlights underserved populations. Harris has been recognized with an EMMY, multiple NATOA, and TELLY awards for producing.
Media Contact:
Laurel Harris at 303-915-7866 or laurel@laurelleafproductions.com
Website: www.laurelleafproductions.com
Linkedin: www.linkedin.com/in/laurelharrisactor
Instagram: https://www.instagram.com/laurelharrisactor/
Twitter: https://twitter.com/laurelharrisact
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SOURCE Laurel Leaf Productions | https://www.wibw.com/prnewswire/2022/08/04/award-winning-producer-actress-laurel-harris-launches-laurel-leaf-productions-with-2022-slate/ | 2022-08-04T16:16:57Z |
BUFFALO, N.Y. (AP) — The white gunman who killed 10 Black people in a racist attack at a Buffalo supermarket was charged Wednesday with federal hate crimes and could face the death penalty if convicted.
The criminal complaint filed Wednesday against Payton Gendron coincided with a visit to Buffalo by Attorney General Merrick Garland. The attorney general was expected to address the federal charges and meet with the families of the people who were killed.
Garland placed a bouquet of white flowers tied with a yellow ribbon at a memorial to the victims outside the store, which has been shuttered since the attack.
Gendron was already facing a mandatory life sentence without parole if convicted on previously filed state charges in the May 14 rampage at Tops Friendly Market.
The federal hate crimes case is based partly on documents in which Gendron laid out his radical, racist worldview and extensive preparation for the attack, some of which he posted online shortly before he started shooting.
FBI agents executing a search warrant at Gendron’s home the day after the shooting found a note in which he apologized to his family for the shooting and stated that he “had to commit this attack” because he cares “for the future of the White race,” according to an affidavit filed with the criminal complaint.
Agents at the Conklin, New York home also found a receipt for a candy bar purchased from the supermarket on March 8, the day Gendron said in an online diary he went to scout out the store, as well as hand drawn sketches of the store’s layout, the affidavit said.
The affidavit also includes detailed accounts of Gendron’s plot to attack the store, which he documented in detail in an online diary, and the attack itself, which he live streamed on social media.
In his writings, Gendron embraced a baseless conspiracy theory about a plot to diminish white Americans’ power and “replace” them with people of color, through immigration and other means.
The posts detail months of reconnaissance, demographic research and shooting practice for a bloodbath aimed at scaring everyone who isn’t white and Christian into leaving the country.
Gendron drove more than 200 miles (320 kilometers) from his home in a nearly all-white town near the New York-Pennsylvania border to a predominantly Black part of Buffalo. There, authorities say, he fired approximately 60 shots at shoppers and workers using an AR-15-style rifle, wearing body armor to protect himself and livestreaming the carnage from a helmet-mounted camera.
Three wounded people — one Black, two white — survived the attack.
Gendron’s rifle had writings on it, including the names of other people who’ve committed mass shootings, racial slurs and statements such as, “Here’s your reparations!”, and a reference to the replacement theory, the affidavit said.
The 18-year-old surrendered to police as he exited the supermarket.
He has pleaded not guilty to a state domestic terrorism charge, including hate-motivated domestic terrorism and murder.
The case is likely to present a quandary for Garland, who has vowed to aggressively prioritize the prosecutions of civil rights cases but also instituted a moratorium on federal executions last year after an unprecedented run of capital punishment at the end of the Trump administration.
The moratorium put in place in July 2021 halts the Bureau of Prisons from carrying out any executions. But the memo does not prohibit federal prosecutors from seeking the death penalty, a decision that ultimately will fall to Garland. The Biden administration has previously asked the U.S. Supreme Court to reinstate the Boston Marathon bomber’s original death sentence.
Federal executions have been halted as the Justice Department conducts a review of its policies and procedures for capital punishment. The review, which is ongoing, comes after 13 people were executed at the federal prison complex in Terre Haute, Indiana between July 2020 and January 2021.
President Joe Biden has said he opposes the death penalty and his team vowed that he would take action to stop its use while in office.
Ten days after the attack in Buffalo, another 18-year-old with a semi-automatic rifle opened fire at a Uvalde, Texas elementary school, killing 19 children and two teachers.
Soon after, New York Gov. Kathy Hochul signed 10 public safety-related bills, including one prohibiting New Yorkers under age 21 from buying semi-automatic rifles and another that revised the state’s “red flag” law, which allows courts to temporarily take away guns from people who might be a threat to themselves or others.
The U.S. Senate followed on June 12 with a bipartisan agreement on more modest federal gun curbs and stepped-up efforts to improve school safety and mental health programs.
___
AP reporter Michael Balsamo contributed to this report. | https://cw33.com/news/ap-top-headlines/buffalo-supermarket-gunman-charged-with-federal-hate-crimes/ | 2022-06-15T15:55:31Z |
Russia releases US Marine vet in surprise prisoner exchange
WASHINGTON (AP) — Russia and the United States have carried out an unexpected prisoner exchange in a time of high tensions, trading on Wednesday a Marine veteran jailed by Moscow for a convicted Russian drug trafficker serving a long prison sentence in America.
The deal involving Trevor Reed, an American imprisoned for nearly three years, would have been a notable diplomatic maneuver even in times of peace but it was all the more surprising because it was done as Russia’s war with Ukraine has driven relations with the U.S. to their lowest point in decades.
On the other end of the swap was Konstantin Yaroshenko, a Russian pilot who’d been serving a 20-year federal sentence for conspiring to smuggle cocaine into the U.S.
Even as the Biden administration trumpeted the swap, it made clear the resolution did not herald a broader breakthrough between the countries. Russian forces remain determined in their assault on Ukraine, the U.S. and Western allies continue to impose punishing sanctions and other Americans, including WNBA star Brittney Griner and Michigan corporate security executive Paul Whelan, still remain jailed in Russia.
The swap, the culmination of longstanding requests by both countries as well as private diplomatic wrangling, took place in Turkey when “the two planes pulled up side by side, essentially, and then they got out,” said Reed’s father, Joey.
“I think it’s going to really hit home for him and for us when we finally get to see him and touch him,” he said in an interview with The Associated Press.
Reed, a 30-year-old former Marine from Texas, was arrested in the summer of 2019 after Russian authorities said he assaulted an officer while being driven by police to a police station following a night of heavy drinking. He was later sentenced to nine years in prison, though the U.S. government has described him as unjustly detained and pressed for his release while his family has asserted his innocence and expressed concerns about his deteriorating health — which included coughing up blood and a hunger strike.
Even on Wednesday, his parents’ joy was mitigated by the concern they said they felt about his physical appearance. They were struck by his unsteady gait and how thin he looked as TV footage captured him walking, flanked by guards, from a van to the jet.
“He just didn’t sound like himself,” said Reed’s mother, Paula, recounting their brief phone conversation while he was on the plane. “We just asked him how he was doing and he said, ‘I’m fine.’ But he always says that even when he isn’t. And he just didn’t sound like his normal self.”
Reed was en route back to the U.S., traveling with Roger Cartsens, the U.S. government’s special presidential envoy for hostage affairs.
President Joe Biden, who met in Washington with Reed’s parents last month, hailed Reed’s release and noted without elaboration that “the negotiations that allowed us to bring Trevor home required difficult decisions that I do not take lightly.” The Russian government also confirmed the deal, with the foreign ministry describing the exchange as the “result of a long negotiation process.”
A senior Biden administration official cautioned that the negotiations centered on a “discrete set of prisoner issues” and did not represent a change to the U.S. government’s condemnation of Russia’s violence against Ukraine.
“Where we can have discussions on issues of mutual interest we will try to talk to the Russians and have a constructive conversation without any way changing our approach to the appalling violence in Ukraine,” the official told reporters, speaking on condition of anonymity under ground rules set by the administration.
Yaroshenko, for his part, was arrested in Liberia in 2010 and extradited to the U.S on drug trafficking charges. The Justice Department has described him as “an experienced international drug trafficker” who conspired to distribute thousands of kilograms of cocaine around the world.
A lawyer for Yaroshenko, who in 2020 unsuccessfully sought to have his client freed on compassionate release because of the coronavirus pandemic, did not return an email seeking comment Wednesday.
Russia had sought Yaroshenko’s return for years while also rejecting entreaties by high-level U.S. officials to release Reed, who was approaching his 1,000th day in custody after being convicted on what one U.S. official, Ambassador John Sullivan, decried as “laughable” evidence.
The prisoner swap was the most prominent release during the Biden administration of an American deemed wrongly detained abroad and came even as families of detainees who have met over the last year with administration officials had described the officials as cool to the idea of an exchange.
The U.S. government does not typically embrace such exchanges. It fears doing so might encourage foreign governments to take additional Americans as prisoners as a way to extract concessions. And it is concerned about a potential false equivalency between an unjustly detained American — which U.S. officials believe Reed was — and a properly convicted criminal.
In this case, though, the U.S. decided the deal made sense in part because Yaroshenko had already served a long portion of his prison sentence, which has now been commuted, a senior official told the AP on condition of anonymity.
In a statement, the Reed family thanked Biden, “for making the decision to bring Trevor home,” other administration officials, and Bill Richardson, former U.S. ambassador to the United Nations. The family said Richardson traveled to Moscow in the hours before the Ukraine war began in hopes of securing Reed’s release.
Reed’s release had no immediate impact on the cases of other Americans held by Russia. Griner, for one, was detained in February after Russian authorities said a search of her bag revealed vape cartridges containing oil derived from cannabis. Whelan is being held on espionage-related charges his family says are bogus.
Biden said Wednesday “we won’t stop until Paul Whelan and others join Trevor in the loving arms of family and friends.” U.S. officials have described Whelan as unjustly detained but as yet have not characterized Griner’s case in those terms. Whelan was convicted and sentenced to 16 years in prison; Griner is awaiting trial.
At home in Texas, the Reeds had been given a general sense of progress and had even begun cleaning Trevor’s room in preparation for his return home, removing paperwork from his bed so he’d have a place to sleep.
It was a welcome turnabout from a month ago when they were demonstrating outside the White House for their son’s release, then pressing their case in a private meeting with Biden.
“We’ve been saying for over a year if we could just speak to the president, that we felt like we could make this thing happen — and that’s exactly what happened,” Joey Reed said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/27/official-prisoner-exchange-russia-releases-jailed-us-marine-veteran/ | 2022-04-29T13:44:30Z |
Back soreness sends Rockies OF Kris Bryant back to IL
PITTSBURGH (AP) — Colorado Rockies outfielder Kris Bryant’s balky back has him on the injured list for the second time this season. The Rockies placed Bryant on the 10-day injured list retroactive to May 23, when Colorado initially held Bryant out of the lineup with what the club called back soreness. Bryant, signed to a seven-year, $182-million deal with Colorado in March, spent nearly a month on the injured list after initially tweaking the back in late April. | https://localnews8.com/sports/ap-national-sports/2022/05/25/back-soreness-sends-rockies-of-kris-bryant-back-to-il/ | 2022-05-25T20:00:43Z |
Company adds to executive leadership team as part of rapid growth and product offering expansion
NEW YORK, May 19, 2022 /PRNewswire/ -- ComplySci, the leading provider of regulatory technology and compliance solutions for the financial services sector, is continuing to grow its experienced leadership team with three recent appointments. The company has named Helen Johnson as chief technology officer, Robert Keller, CFA, to the position of chief product officer and Eric Przybisiki as chief legal officer.
"Following an incredible year of growth and expansion, we are excited to continue growing our team with leaders who will drive innovation and development, as well as a visionary product leadership to continue to create new solutions for our growing customer base," said ComplySci President Will Bressman. "We're very excited to have found such outstanding leaders in Helen and Robert, and to have recently promoted Eric Przybisiki, who has played an integral part in our success over the past several years. With more than 70 years of combined experience in both the United States and European markets, they will provide significant value to ComplySci as we support the dynamic needs of financial service institutions around the world."
Chief Technology Officer Helen Johnson
Prior to joining ComplySci, Ms. Johnson, served as the chief technology officer at Data Dynamics, Inc. She also previously worked at AIG where she held numerous leadership positions, including serving as the global head of information technology delivery partnership, head of science technology and chief data officer, as well as at Thompson Reuters Eikon, RBS Global Banking and Markets, and Bloomberg, among others.
She earned Bachelor of Arts degrees in computer science and economics from Cornell University and currently serves as an advisory board member for Wallaroo Labs and Sorcero.
"I am incredibly pleased to be joining the ComplySci family of firms," said Johnson. "The company is an innovative leader in compliance solutions, and I look forward to working with our teams to continue to enhance our products as we find new and valuable ways to help our customers meet their compliance needs."
Chief Product Officer Robert Keller, CFA
Before joining the company, Mr. Keller served as the head of product for Clearwater Analytics, where he was responsible for creating and executing the strategy for the investment management market vertical. He also previously worked for Eze Software, where he held numerous leadership positions in his long tenure with the company, including serving as chief product officer, chief strategy officer and managing director for Europe.
Mr. Keller is a graduate of the University of New Hampshire and received his master's in business administration from the Boston University School of Management. He also holds the chartered financial analyst designation.
"I'm thrilled to join ComplySci at this critical moment of growth in the company's history," said Keller. "Amy has created a strong team, which has helped the company make tremendous strides as a leading provider of tech-enabled employee compliance solutions for the financial services sector. I look forward to working with the entire team to continuously improve our best-in-class solutions."
Chief Legal Officer Eric Przybisiki
Mr. Przybisiki joined ComplySci as general counsel in 2018. Prior to that time, he served as North American general counsel at Atos and counsel and assistant secretary at Siemens IT Solutions and Services. Mr. Przybisiki began his career as director of business and legal affairs at Troma Entertainment, before serving as negotiator and counsel for Hyperion Solutions Corporation, contracts counsel at HSS, Inc. and senior counsel at Westcon Group, Inc.
He earned a Bachelor of Arts degree in history and American studies from Brandeis University and his juris doctor from New York Law School. He is admitted to and a member of the bars in New York and Connecticut.
"I have been honored to have worked alongside Amy and the team for the last four years as the company has grown and evolved," said Mr. Przybisiki. "I have seen firsthand what ComplySci can accomplish and am excited about what the future holds as we continue to invest in and build upon our comprehensive suite of products and offerings."
About ComplySci
ComplySci believes advanced compliance technology empowers compliance professionals to transform their business. More than 7,000 customers, including some of the world's largest financial institutions, rely on ComplySci's scalable and sophisticated platform to stay ahead of risk and unlock the strategic potential of their compliance data. The company's family of firms includes ComplySci, RIA in a Box, illumis, a ComplySci company, NRS, a ComplySci company, and ITEGRIA®, a division of RIA in a Box.
Together, the family of firms offer a full suite of governance, risk and compliance (GRC) consulting, technology, managed services, analytics and outsourcing solutions for the financial services industry. Its regulatory technology solutions help compliance organizations identify, monitor, manage and report on risk and conflicts of interest, including personal trading, gifts and entertainment, political contributions, outside business affiliations and other Code of Ethics violations. Learn more at complysci.com.
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SOURCE ComplySci | https://www.mysuncoast.com/prnewswire/2022/05/19/complysci-appoints-new-chief-technology-chief-product-chief-legal-officers/ | 2022-05-19T12:30:21Z |
FAIRFAX, Va., June 3, 2022 /PRNewswire/ -- ICF (NASDAQ:ICFI), a global consulting and digital services provider, today announced its participation at the Baird 2022 Global Consumer, Technology & Services Conference. ICF Chair and Chief Executive Officer John Wasson and Chief Financial Officer Barry Broadus will present at 9:40 a.m. Eastern Time on Tuesday, June 7.
A live webcast of the presentation will be available here: https://wsw.com/webcast/baird64/icfi/1892100. The replay will be available for 90 days following the conference.
ICF (NASDAQ:ICFI) is a global consulting services company with approximately 8,000 full- and part-time employees, but we are not your typical consultants. At ICF, business analysts and policy specialists work together with digital strategists, data scientists and creatives. We combine unmatched industry expertise with cutting-edge engagement capabilities to help organizations solve their most complex challenges. Since 1969, public and private sector clients have worked with ICF to navigate change and shape the future. Learn more at icf.com.
Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.
Investor information contact:
Lynn Morgen, AdvisIRy Partners, lynn.morgen@advisiry.com, +1.212.750.5800
or
David Gold, AdvisIRy Partners, david.gold@advisiry.com, +1.212.750.5800
Company information contact:
Lauren Dyke, ICF, lauren.dyke@icf.com, +1.571.373.5577
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SOURCE ICF | https://www.kxii.com/prnewswire/2022/06/03/icf-present-baird-2022-global-consumer-technology-amp-services-conference/ | 2022-06-03T20:53:17Z |
COLUMBUS, Ohio, June 3, 2022 /PRNewswire/ -- Southern Fidelity Insurance Company advised its agents that it had suspended new and renewal business for all lines while it attempted to complete its reinsurance coverage for the 2022 hurricane season. After completing our review of first quarter 2022 financial statements and considering that the Company's reinsurance coverage for the 2022 hurricane season is not complete as of June 2, 2022, Demotech has withdrawn the Financial Stability Rating® previously assigned to Southern Fidelity Insurance Company.
Demotech, Inc. was the first firm to review independent, regional and specialty insurers, 1989. More recently, we were the first to call for a special session on Florida's property insurance marketplace. Since 1985, Demotech has served the industry by assigning accurate, reliable, and proven Financial Stability Ratings® to Property & Casualty insurers and Title underwriters. Demotech's philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. Visit www.demotech.com for additional information.
Since being founded in 2005, Southern Fidelity Insurance Company has provided independent agents throughout Florida, South Carolina, Louisiana, and Mississippi a line of competitive products and services in order to meet the needs of their customers.
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SOURCE Demotech, Inc. | https://www.kxii.com/prnewswire/2022/06/03/demotech-inc-withdraws-financial-stability-rating-assigned-southern-fidelity-insurance-company/ | 2022-06-03T13:16:59Z |
Chicago-based drag icon and performer Shea Couleé takes center stage at Chicago Pride in the Park to announce the brand's most inclusive drag fête
NEW YORK, June 28, 2022 /PRNewswire/ -- Smirnoff is inviting all people to Show Up and Show Off for the LGBTQUIA+ community as it serves up its most inclusive drag celebration ever. With the help of drag royalty, Shea Couleé, Smirnoff made the announcement at Chicago Pride in the Park, building on decades of commitment to the LGBTQUIA+ community.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/9062751-smirnoff-pride-drag-celebration/
From pageant queens, butch kings and every unique flavor of drag in-between, the Smirnoff Show Up. Show Off! Competition will include a sick'ning lineup of all genres of talented performers from across the country serving up drag realness during a series of brunch-themed events as we search for our next Pride talent. The most showstopping will claim a spot to perform at our finale extravaganza. Taking place now through October, the Smirnoff Show Up. Show Off! Competition will be decided on by the people, for the people– as part of a national fan vote hosted on the Smirnoff Instagram channel.*
Shea Couleé (aka the "Shady Coulady") werked Chicago's Grant Park annual event to kick off the inclusive fun. To keep the celebration going well beyond the month of June, Smirnoff is inviting a variety of LGBTQUIA+ icons to join the party as guest hosts of the gag-worthy drag battles from coast-to-coast.
"You know what's giving me life right now?! A brand celebrating Pride outside of June," Couleé said. "I'm all about giving every type of drag performer the chance to show up, slay and play so I immediately jumped at the chance to do just that with the help of Smirnoff!"
The celebration will culminate in New York City in the fall where the fiercest top-voted kings, queens and everyone in-between will battle it out for the crown. The one who reigns supreme, if qualified, will be named Mx. Smirnoff No. 21, receive a talent contract valued at approximately $50,000 and be invited to serve as the newest ambassador representing the LGBTQUIA+ community for Smirnoff Pride 2023. At the event, Smirnoff will also unveil a groundbreaking surprise that everyone, no matter who you are or where you're from, will have a chance to take part in, as an added con-drag-ulations to the community.
"Smirnoff has a long history of championing inclusivity for the LGBTQUIA+ community and that support has only grown stronger over the years," says Jay Sethi, Senior Vice President, Ready-to-Drink Category Leader, Diageo. "Show Up, Show Off is a celebration and call to action for people to be their most authentic selves all year round, because 30 days in June just isn't enough and our community needs to be louder and prouder than ever before."
With a longstanding history of supporting love in all forms, Smirnoff has advocated alongside the LGBTQUIA+ community for a better, brighter future and will once again donate to organizations working to uplift and support those most at risk in the community, by donating $250,000 to The Phluid Phoundation.
As a brand that stands "For the People," Smirnoff is proud to offer a delicious variety of options and a rainbow of flavors for adults 21+ across vodka and flavored malt beverages that reflect the full spectrum of individual tastes and the vibrant LGBTQUIA+ community.
Tune into exciting news to come including delicious drink and drag content by visiting Smirnoff.com/en-us/Show-Up-Show-Off and following @Smirnoff on Instagram. And no matter how you decide to Show Up, and Show Off, please remember to drink responsibly.
*(12) performers will be pre-identified, selected and compensated by Smirnoff to participate in the regional Smirnoff Show Up. Show Off events leading up to the final event in New York City on October 11. To vote for performers in events, persons must be 21+ and follow @smirnoff on Instagram. No compensation/consideration or other benefit will be provided in exchange for voting.
About SMIRNOFF
Smirnoff has been giving the people what they want since 1864, serving as a catalyst to revolutionize drinking culture across generations: from inventing the Mule and reimagining the vodka martini to creating a cultural mainstay that defines the flavored malt beverage category with the launch of Smirnoff Ice in 2000.
Because the brand is dedicated to the people and their evolving taste preferences, Smirnoff has an option for everyone along with a dedicated history of adding fun to any occasion while keeping diversity and inclusion at the forefront. Truly showing the power of socializing when everyone (21+) is invited to celebrate.
The Smirnoff portfolio offers a variety of options for adults across vodka and flavored malt beverages. Current offerings include foundations in Smirnoff No. 21 Vodka and Smirnoff Ice, a line of flavors in North America and ready-to-serve flavored malt beverages including Smirnoff Seltzer and Smirnoff Ice Smash. From culturally relevant limited editions to new innovations and zero sugar offerings, Smirnoff has always been known for quality and affordability, and prides itself on giving the people what they want.
About Diageo North America
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness.
Diageo is listed on both the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange (LSE: DGE) and their products are sold in more than 180 countries around the world. For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice. Follow on Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.
MEDIA CONTACTS:
Nicole Anastasi
DIAGEO
nicole.anastasi@diageo.com
704-796-9992
TAYLOR
Smirnoff@taylorstrategy.com
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SOURCE Smirnoff | https://www.kxii.com/prnewswire/2022/06/28/smirnoff-calls-kings-queens-every-drag-performer-in-between-show-up-its-most-inclusive-drag-celebration-ever/ | 2022-06-28T19:36:02Z |
NEW YORK, June 28, 2022 /PRNewswire/ -- Health Enterprise Partners ("HEP"), a healthcare private equity firm, is pleased to announce the promotion of Jessie Laurash to Principal.
"Jessie's well-deserved promotion to Principal is the culmination of her abundant strengths as an investment professional. We recognize the value that she brings to our firm in the realm of sourcing, post-close value creation, thought leadership, and as a developer of people. Beyond her numerous accomplishments, she embodies HEP's core values in all that she does." said Ezra Mehlman, Dave Tamburri and Pete Tedesco, Managing Partners of HEP.
Jessie joined HEP in 2017, while completing her MBA at Columbia Business School. Prior to joining the team, Jessie was the Director of Operations of MediQuire, a venture-backed healthcare data analytics company supporting Medicaid providers and payers in the transition to value-based care. Prior to that, Jessie was with Evolent Health where she helped healthcare delivery systems across the country establish population health management infrastructure and capabilities. Jessie also spent several years as a consultant at Booz Allen Hamilton focusing on healthcare policy and reform engagements. She is on the faculty at New York University's Wagner School of Public Service.
"Jessie has been a vital business partner to our company," said Matthew Gitelis, Founder and CEO of PatientIQ. "PatientIQ's business model requires us to solve complex problems for many of the most sophisticated healthcare organizations in the United States, and Jessie's insights and experience in these matters has proven to be invaluable as we navigate this exciting growth phase of our company."
Jessie serves as a director of Aware Recovery Care and Proven Behavior Solutions and a board observer of Kno2, NOCD, and PatientIQ. She previously served as a board observer of Twistle (acquired by Health Catalyst).
She holds a BS in Biology of Global Health from Georgetown University and received Dean's Honors from Columbia Business School
Health Enterprise Partners provides expansion capital to the most innovative healthcare services and healthcare information technology companies. Central to HEP's strategy is its unique and extensive hospital system and health plan network, 36 members of which are investors in HEP's funds. HEP seeks to invest in companies that improve the quality of the patient experience, expand access, and reduce the cost of healthcare.
For more information, please visit http://www.hepfund.com.
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SOURCE Health Enterprise Partners | https://www.mysuncoast.com/prnewswire/2022/06/28/health-enterprise-partners-announces-principal-promotion/ | 2022-06-28T12:04:11Z |
RIO DE JANEIRO, June 9, 2022 /PRNewswire/ -- Vale S.A. ("Vale"), Vale Canada Limited ("Vale Canada") and Vale Overseas Limited ("Vale Overseas," and together with Vale and Vale Canada, the "Offerors") announce the expiration of the previously announced offers to purchase (the "Offers") with respect to any and all of the Notes issued by the Offerors of the series set forth in the table below (the "Notes" and each a "series" of Notes).
The Offerors also announce the expiration date results of the Offers as of the Expiration Date (as defined below) as set forth in the table below, including the aggregate principal amount of Notes validly tendered and accepted in such Offers, and the aggregate principal amount of Notes reflected in notices of guaranteed delivery delivered at or prior to the Expiration Date:
The Offers were made upon the terms and subject to the conditions set forth in the offer to purchase dated June 3, 2022 (the "Offer to Purchase") relating to the Notes and the accompanying notice of guaranteed delivery. The Offers expired at 5:00 p.m., New York City time, today (the "Expiration Date"). The settlement date with respect to the Offers is expected to occur on June 14, 2022 (the "Settlement Date").
In order to be eligible to participate in the Offers, holders of Notes who delivered notices of guaranteed delivery prior to the Expiration Date must deliver such Notes no later than 5:00 p.m., New York City time, on June 13, 2022 (the "Guaranteed Delivery Date"), pursuant to the Guaranteed Delivery Procedures (as defined in the Offer to Purchase).
The Offerors' obligation to accept Notes tendered in the Offers is subject to the terms and conditions of the Offer to Purchase, which is hereby amended to increase the maximum aggregate principal amount of Notes that the Offerors will purchase pursuant to the Offers from US$1,000,000,000 to US$1,313,987,000 (as amended, the "Maximum Purchase Amount"). As a result, on the terms and subject to the conditions set forth in the Offer to Purchase, as amended, the Offerors have accepted for purchase all of the Notes validly tendered, and expect to accept all of the Notes validly delivered on or prior to the Guaranteed Delivery Date pursuant to the Guaranteed Delivery Procedures.
The aggregate principal amount of Notes that will be purchased by the Offerors on the Settlement Date is subject to change based on deliveries of Notes pursuant to the Guaranteed Delivery Procedures. The aggregate principal amount of Notes accepted and expected to be accepted in the Offers, excluding any premium and accrued and unpaid interest, will be approximately US$1,313,987,000.
All conditions described in the Offer to Purchase that were to be satisfied or waived on or prior to the Expiration Date have been satisfied.
Vale has retained BMO Capital Markets Corp., Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., MUFG Securities Americas Inc., Scotia Capital (USA) Inc. and SMBC Nikko Securities America, Inc. to serve as dealer managers and D.F. King & Co., Inc. to serve as tender and information agent for the Offers.
This news release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any securities. The Offers were made only by, and pursuant to the terms of, the Offer to Purchase. The Offers were not made in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction where the laws required the Offers to be made by a licensed broker or dealer, the Offers were made by the dealer managers on behalf of the Offerors. None of the Offerors, the tender and information agent, the dealer managers or the trustee with respect to the Notes, nor any of their affiliates, made any recommendation as to whether holders should have tendered or refrained from tendering all or any portion of their Notes in response to the Offers. None of the Offerors, the tender and information agent, the dealer managers or the trustee with respect to the Notes, nor any of their affiliates, have authorized any person to give any information or to make any representation in connection with the Offers other than the information and representations contained in the Offer to Purchase.
For further information, please contact:
Vale.RI@vale.com
Ivan Fadel: ivan.fadel@vale.com
Andre Werner: andre.werner@vale.com
Mariana Rocha: mariana.rocha@vale.com
Samir Bassil: samir.bassil@vale.com
This press release may include statements that present Vale's expectations about future events or results. All statements, when based upon expectations about the future, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM) and in particular the factors discussed under "Forward-Looking Statements" and "Risk Factors" in Vale's annual report on Form 20-F.
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SOURCE Vale S.A. | https://www.wibw.com/prnewswire/2022/06/10/vale-announces-expiration-results-cash-tender-offers-notes-due-2026-2034-2032-2039-2036-2042/ | 2022-06-10T03:29:43Z |
TORONTO, Aug. 2, 2022 /PRNewswire/ - Canntab Therapeutics Limited (CSE: PILL.CN)(OTCQB: CTABF) (FRA: TBF1.F) (the "Company" or "Canntab"), the leading innovator in cannabinoid and terpene blends in hard pill form for therapeutic application, announces that it has appointed Richard Goldstein, currently serving as Canntab's CFO, as interim CEO of Canntab, effective July 31, 2022.
Mr. Goldstein replaces the outgoing CEO of the Board Larry Latowsky who stepped down to pursue other opportunities. Mr. Latowsky will continue to serve as an advisor to the board of directors of Canntab and oversee the direction and development of business with First Nations communities across Canada per agreements previously announced.
The board of directors of Canntab has commenced a formal search for a permanent CEO. Further announcements will be made as and when appropriate.
Canntab is a Canadian phytopharmaceutical company focused on the manufacturing and distribution of a suite of hard pill cannabinoid formulations in multiple doses and timed-release combinations. Long referred to as Cannabis 3.0 by the Company, Canntab's proprietary hard pill cannabinoid formulations provide doctors, patients and consumers with medical grade solutions which incorporate all the features one would expect from any prescription or over the counter medication sold in pharmacies around the world. These include once a day and extended-release formulations, both providing an accurate dose and improved shelf stability.
Canntab holds a Cannabis Standard Processing & Sales for Medical Purposes License and a Cannabis Research License.
Canntab trades on the Canadian Securities Exchange under the symbol PILL, on the OTCQB under the symbol CTABF, and on the Frankfurt Stock Exchange under the symbol TBF1.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. The forward-looking information and forward-looking statements contained herein include, but are not limited to, statements regarding: the future plans and goals of the Company; the Company's proprietary hard pill cannabinoid formulations providing doctors, patients and consumers with medical grade solutions which incorporate all the features one would expect from any prescription or over the counter medication sold in pharmacies around the world; the Company's product offerings including once a day and extended-release formulations, both providing an accurate dose and improved shelf stability; and the Company's search for a permanent replacement CEO.
Forward-looking information in this news release are based on certain assumptions and expected future events, namely: the Company's ability to continue as a going concern; the continued commercial viability, adoption and growth in popularity of the Company's products; continued approval of the Company's activities by the relevant governmental and/or regulatory authorities; the Company continuing to develop products; continued growth of the Company; the Company hitting its future plans and goals; the Company's proprietary hard pill cannabinoid formulations providing doctors, patients and consumers with medical grade solutions which incorporate all the features one would expect from any prescription or over the counter medication sold in pharmacies around the world; the Company's product offerings to continue to include once a day and extended-release formulations, that provides an accurate dose and improved shelf stability; and the Company's ability to attract and engage a qualified and suitable candidate to serve as its permanent replacement CEO.
These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the potential inability of the Company to continue as a going concern; risks associated with potential governmental and/or regulatory action with respect to the Company's operations; competition within the industry; risks that the Company will be unable to execute its plans and/or meet its goals; risk that the Company will not grow as anticipated; risks that consumers will not purchase its products; the Company's proprietary hard pill cannabinoid formulations' inability to provide doctors, patients and consumers with medical grade solutions which incorporate all the features one would expect from any prescription or over the counter medication sold in pharmacies around the world; the Company's product offerings to no longer include once a day and extended-release formulations, that provides an accurate dose and improved shelf stability; and the inability of the Company to attract and engage a qualified and suitable candidate to serve as its permanent replacement CEO.
Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.
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SOURCE Canntab Therapeutics Limited | https://www.kxii.com/prnewswire/2022/08/02/canntab-announces-appointment-richard-goldstein-interim-ceo/ | 2022-08-02T17:53:27Z |
Churches across the U.S. are tackling the big question of how to address homelessness in their communities with a small solution: tiny homes.
On vacant plots near their parking lots and steepled sanctuaries, congregations are building everything from fixed and fully contained micro homes to petite, moveable cabins, and several other styles of small-footprint dwellings in between.
Church leaders are not just trying to be more neighborly. The drive to provide shelter is rooted in their beliefs — they must care for the vulnerable, especially those without homes.
“It’s just such an integral part of who we are as a people of faith,” said the Rev. Lisa Fischbeck, former Episcopal vicar and the board chair of Pee Wee Homes, an affordable housing organization building tiny abodes in Chapel Hill, North Carolina.
Fischbeck led the Episcopal Church of the Advocate when it added three one-bedroom units on its 15-acre campus. The first residents, including the organization’s namesake, Nathaniel “Pee Wee” Lee, moved into them in June 2019.
Before that Lee, 78, had spent years sleeping in alleys, cardboard shelters and cars after medical issues ended his masonry career. Today he enjoys watching TV in his home, growing tomatoes and fishing in the nearby pond.
“I thank the Lord because this is mine and nobody can run me out,” Lee said, breaking out in laughter as he sat on the porch of his little white house.
Fischbeck said tiny homes can fit nearly anywhere, and an advantage to building them on church properties is they already have electricity, water and other infrastructure in place.
“I just feel so passionately that churches have space,” she said. “Just consider it. It’s a dire need.”
The embrace of tiny homes as housing solutions can be found in both sacred and secular spaces. Within the Christian sphere, their use spans denominations. Often the tiny homes projects build on related ministries such as providing parking space for people living in their cars. Beneficiaries are generally welcome to attend worship services but not required to do so.
Some churches’ projects are already up and running, while others are still working toward move-in day, like the Church of the Nazarene congregation in St. Paul, Minnesota, which is assembling a tiny house community for chronically homeless people with local nonprofit Settled.
“We do not have a lot of property,” said Jeff O’Rourke, lead pastor of Mosaic Christian Community in St. Paul. “We have just strived to use every square inch of property that we have to be hospitable.”
This spring in El Cajon, California, Meridian Baptist partnered with local nonprofit Amikas to begin building emergency sleeping cabins on a slice of its property that Rolland Slade, the church’s pastor, said is usually unoccupied except by tumbleweeds.
Mothers with children — a hard-to-shelter demographic — can stay for 90 days and be connected with the city’s housing safety net for more permanent options. Bathrooms and a communal kitchen are in a nearby church building.
“Folks have said to me that six cabins are not going to make a difference, and I wholeheartedly disagree,” Slade said. “We’ll make the difference for at least six women. If they each have a child, that’ll be six children.”
For help with construction, operation and dealing with bureaucratic hurdles, churches often turn to community organizations like Amikas, Pee Wee Homes and Settled.
Firm Foundation Community Housing, in the San Francisco Bay Area, is another. It was launched by the Rev. Jake Medcalf, the former lead pastor of First Presbyterian Church of Hayward, when the congregation built transitional tiny housing in its parking lot.
Houses of worship not only have land to spare, Medcalf said, but are positioned to “provide community in a way that really is humanizing and is a part of anybody’s basic healing and recovery.”
In 2020, First Christian Church of Tacoma in Washington state became a host site for a tiny home community set up by the nonprofit Low Income Housing Institute. The nonprofit operates the village, allowing the congregation to contribute without overextending itself.
“We don’t have a lot of money. We don’t have a whole lot of people … but we care a lot about it, and we’ve got this piece of property,” said the Rev. Doug Collins, the church’s senior minister.
Not everyone welcomes these projects into their neighborhoods. In Nashville, Tennessee, plans to put up tiny homes by Glencliff United Methodist Church prompted backlash and a lawsuit by some neighbors. Ultimately the Village at Glencliff prevailed, and today an arc of multicolored micro homes greet congregants as they pull into the church’s driveway.
It specializes in helping people with medical issues, like William “Green Bay” Scribner, 37, who spent seven months recuperating there. Not only was he able to leave in better health, he said, village staff helped him land a more permanent apartment where he can host his young daughter overnight.
For people with medical vulnerabilities like Scribner, “housing is lifesaving,” said the Rev. Ingrid McIntyre, a United Methodist minister and village founder.
A nationwide survey, the last conducted without being impacted by the pandemic, found that about 580,000 people were homeless on a night in January 2020, according to the Department of Housing and Urban Development’s Annual Homeless Assessment Report to Congress. The number, based on point-in-time counts, rose for the fourth year.
So the tiny home movement on its own is too small to fix the whole problem, said Marybeth Shinn, a Vanderbilt University professor who has studied homelessness for decades. It would be hard to scale up to meet the overwhelming demand.
“It’s good to help some people, but we need to figure out solutions that are going to help many more,” Shinn said.
Donald Whitehead, director of the National Coalition for the Homeless, said he supports churches using their spare space to help homeless people and sees tiny homes as a great emergency option, but added that homeless people deserve standard-size housing like everyone else.
“It can be included in a menu of resources that would help to address homelessness,” Whitehead said. “If there’s an opportunity to build a regular home at the same price, we would prefer that people build the regular home.”
Meanwhile, churches also are finding tiny homes useful as temporary housing in the wake of natural disaster.
Months after a deadly December tornado ripped through Mayfield, Kentucky, some renters were still displaced. Bread of Life Humanitarian Effort, a Churches of Christ nonprofit, stepped in to help.
With buy-in from Mayfield congregations, the nonprofit used donations that were pouring in and started putting up tiny homes wherever they could secure permission — including next to Northside Church of Christ.
“You’ve got people that are hurting,” said Joel Crider, Bread of Life’s treasurer. “It’s our Christian duty to look out for them.”
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/business/ap-business/a-roof-over-their-head-churches-use-tiny-homes-for-homeless/ | 2022-06-26T12:23:16Z |
PASAY CITY, Philippines, Aug. 18, 2022 /PRNewswire/ -- SM Investments Corporation (SMIC) received approval from the Securities and Exchange Commission to acquire the 81% stake of related parties in Allfirst Equity Holdings Inc (Allfirst) in exchange for shares in SMIC. Allfirst is the holding company for Philippine Geothermal Production Company, Inc (PGPC). The transaction will bring SMIC's ownership in PGPC to 100%.
The total consideration paid for 81% of Allfirst is P15.76 billion. The transaction will involve the issuance of 17.44 million new shares to the sellers, equivalent to 1.4% of shares outstanding in SMIC.
"The acquisition of PGPC is sizeable, accretive to our shareholders, and a strong strategic fit with our portfolio of investments in high growth sectors in the Philippines. It further reinforces the SM Group's commitment to sustainability, good governance and acting as a catalyst for responsible development in the communities we serve," said Frederic C. DyBuncio, President and Chief Executive Officer of SMIC.
In 2021 PGPC delivered $99.4 million in revenues and $48.8 million in net income, equivalent to 1.2% of SMIC 2021 revenues and 5.5% accretion to SMIC 2021 net income respectively.
PGPC operates the Tiwi and Mak-Ban steam fields. Tiwi is the first commercial-scale geothermal steam field development in Southeast Asia, followed by Mak-Ban, both in operation since 1979. Together they generate geothermal steam sufficient to produce approximately 300 MW of electricity.
In addition to its two producing steam fields, PGPC also has several other greenfield concession areas for geothermal steam production which it will develop moving forward.
About SM Investments Corporation
SM Investments Corporation is a leading Philippine company that is invested in market-leading businesses in retail, banking, and property. It also invests in ventures that capture high growth opportunities in the emerging Philippine economy.
SM's retail operations are the country's largest and most diversified with its food, non-food, and specialty retail stores. SM's property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels, and convention centers as well as tourism-related property developments.
SM's interests in banking are in BDO Unibank, Inc., the country's largest bank, and China Banking Corporation, the 6th largest bank. For more about SM, visit www.sminvestments.com
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SOURCE SM Investments Corporation | https://www.mysuncoast.com/prnewswire/2022/08/18/smic-receives-approval-acquire-philippine-geothermal-production-company-pgpc/ | 2022-08-18T09:30:01Z |
Announces Acquisition of Ticket Express
OVERLAND PARK, Kan., April 7, 2022 /PRNewswire/ -- Tickets For Less®, one of North America's fastest growing event distribution companies, has announced the acquisition of Ticket Express, a leading Midwest reseller located in Omaha, Neb. Ticket Express has serviced fans across the state of Nebraska and Western Iowa for nearly 30 years and will operate under the Tickets For Less brand.
With the Tickets For Less brand already reaching across the region with local media, sports and music partnerships, this strategic acquisition positions the local retailer as the go-to ticket option for fans across the central U.S. Armed with an aligned customer service value, Tickets For Less will now service local markets from office locations in Omaha, Neb. and Tuscaloosa, Ala., along with their headquarters in the Kansas City region. Chad Carr, owner and founder of Ticket Express, will join the Tickets For Less team as Nebraska Area Manager.
The Ticket Express acquisition adds to the Tickets For Less history of growing by partnership, including the most recent acquisition of Just Tix out of San Francisco, Calif., which was finalized last month. Other acquisitions include Ticket Solutions, Ace Sports and Brickhouse Tickets.
About Tickets For Less
Founded in 2004, Tickets For Less is one of the fastest growing event distribution companies in North America and is the leading Midwest ticket marketplace for sports and live entertainment, consistently receiving highly rated customer reviews. Tickets For Less' success is rooted in their ability to provide an easy ticket buying experience to their customer with no service fees or surprises at checkout (www.ticketsforless.com). In 2020, Ticket Solutions, an industry leader in hospitality, fan travel, VIP corporate ticketing and premium experiences joined the Tickets For Less family. Ticket Solutions is now the go-to market brand for all Tickets For Less business-to-business operations (www.ticketsolutions.com).
About Ticket Express
Founded in 1992, Ticket Express is a local ticket reseller located in Omaha, Neb. with access to nationwide sports, concert and theater events. As the leading reseller for Nebraska Cornhusker football and the College World Series, Ticket Express has serviced fans across the state of Nebraska and Western Iowa. Built around top tier customer service, Ticket Express offers consumers a transparent experience when buying and selling tickets. (www.ticketexpress.com).
CONTACT:
Mary Strickler, Director of Marketing and eCommerce
Tickets For Less, LLC
mary.strickler@ticketsforless.com
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SOURCE Tickets For Less | https://www.mysuncoast.com/prnewswire/2022/04/07/tickets-less-continues-retail-expansion/ | 2022-04-08T01:35:44Z |
Sherman-Farmersville Volleyball Highlights
Published: Aug. 19, 2022 at 9:28 PM CDT|Updated: 56 minutes ago
Sherman-Farmersville Volleyball Highlights
Copyright 2022 KXII. All rights reserved.
Sherman-Farmersville Volleyball Highlights
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/20/sherman-farmersville-volleyball-highlights/ | 2022-08-20T03:25:14Z |
Sustainability, Regenerative Agriculture, and Bird Migration
Beating the drought through innovation in Utah's Great Salt Lake region in this episode of
Made In America: Farms Across America
CORINNE, Utah, Aug. 11, 2022 /PRNewswire/ -- Consensus Digital Media presents episode #8 of Made In America: Farms Across America, featuring a family of long-time Utah farmers and ranchers taking a hard look at water, drought, and crops to meet today's needs, and change the likelihood of future water crises.
Utah is the second driest state in the nation. Compounded by what scientists are calling a generational drought, the runoff effects on the agricultural and state economies are potentially even more disastrous. The Great Salt Lake is at a record low level, and the snowpack is at least 25% below normal. In this episode, we meet the Ferry family of Corinne, Utah, which is using regenerative agriculture and strategic partnerships to create efficiencies for their crops and the surrounding valley and wildlife.
JY Ferry and Son have a century-long history of water conservation in the Great Salt Lake Valley, and continue to find ways to improve upon that legacy. The ranchers are using laser leveling, flood irrigation, planned grazing, no-till farming, and crop rotation to build healthy soil that retains water even in a drought. Notably, the Ferrys don't go at it alone – they are collaborating with the government agencies overseeing neighboring wetlands to make sure millions of birds make their critical migratory paths through the Great Salt Lake region.
"Consensus is excited to share the Ferry family's story of harnessing sustainability initiatives and innovation to overcome water shortages and prepare for the future," said Conor Gaughan, CEO and Publisher of Consensus Digital Media. "By working with government agencies, community groups, and neighboring ranchers, the Ferry family is creating a legacy of improving the local environment and economy."
View this episode of Made In America: Farms Across America at https://youtu.be/rKwCRTeiA5Q
Consensus Digital Media highlights and produces uplifting and relevant stories that spotlight the communities, leaders, and businesses achieving a sustainable future through innovative and pragmatic solutions.
Produced by Consensus Digital Media, Made In America is a documentary series that tells the stories of small towns, family farms, and local businesses doing good. These are uplifting stories of American innovation and strength.
CONTACT: media@consensus-digital.com
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SOURCE Consensus Digital Media | https://www.kxii.com/prnewswire/2022/08/11/utah-ranchers-innovating-fight-water-crisis/ | 2022-08-11T13:52:07Z |
Jimmy Butler, Heat seeking to take a 2-0 lead over Celtics
By TIM REYNOLDS
AP Basketball Writer
MIAMI (AP) — Things have been working out just fine so far in this postseason for Jimmy Butler and the top-seeded Miami Heat. They’ll look to take a 2-0 lead in the Eastern Conference finals when they play host to the second-seeded Boston Celtics on Thursday night. It won’t be easy to win two straight. The Celtics are 3-0 after losses in these playoffs. They’ve won those bounceback games by an average of 14.7 points and got two of those victories on the road. | https://localnews8.com/sports/ap-national-sports/2022/05/18/jimmy-butler-heat-seeking-to-take-a-2-0-lead-over-celtics/ | 2022-05-18T17:03:39Z |
SALT LAKE CITY, June 15, 2022 /PRNewswire/ -- On their fourth international clinical trip, Joyce University of Nursing and Health Sciences nursing students and faculty traveled to Guatemala for a unique opportunity where students got the chance to complete clinical education while providing medical support to communities in need. Joyce University's international clinical program partnered with I Am Hope Guatemala. Students worked with the organization and their collaborative healthcare partners to support their mission and programs. I Am Hope, a 501C3 organization, provides education, mental health, logistical, and medical support to single mothers and children who have been victims of domestic abuse.
"These are wonderful opportunities for our students to learn and gain experience serving diverse, resource-limited communities." said Daniel Wakamatsu, lead faculty of the international clinical program at Joyce. "While students use the knowledge and skills developed throughout their nursing education, they must also think about the complexities of providing care to these populations that not only have limited resources but differ in the way that healthcare is delivered and practiced. The ability to adapt, learn from, and teach others in unique situations are translatable skills that will help them succeed in any environment they will work in the future. We are grateful for I Am Hope Guatemala and the community partners we worked closely with for allowing our students to serve and learn from them."
Over the course of two weeks, Joyce students worked with doctors and nurses in the National Hospital in Antigua in addition to helping set-up and run outreach clinics that provided primary care services for surrounding villages. The program required students to work full-time, typically over 12-hour days, while also maintaining their studies virtually.
Joyce University seeks out diverse opportunities for its students to participate in throughout the year. In addition to I Am Hope Guatemala, Joyce University students have served three deployments with Clinica Esperanza, a non-profit clinic based in Roatan, Honduras.
For more information about Joyce University and its innovative nursing programs, please visit joyce.edu.
ABOUT JOYCE UNIVERSITY
Joyce University of Nursing and Health Sciences, formerly known as Ameritech College of Healthcare, is one of the top-rated nursing schools in Utah. Founded in 1979, Joyce University's mission is to prepare students to serve as competent professionals, to advance their careers, and to pursue lifelong learning. Located in Draper, Utah, Joyce University is proud to have helped thousands of students graduate and launch lasting healthcare careers.
Media Contact:
media@joyce.edu
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SOURCE Joyce University of Nursing and Health Sciences | https://www.wibw.com/prnewswire/2022/06/15/joyce-university-nursing-students-serve-i-am-hope-guatemala/ | 2022-06-15T21:25:09Z |
Documents reveal sea burials for 13 USS Indianapolis sailors
HONOLULU (AP) — Navy Seaman 2nd Class George David Payne was just 17 years old when a Japanese submarine torpedoed his ship in the last weeks of World War II, sinking the vessel and killing him along with more than 800 other U.S. sailors.
For decades, his family thought he was missing in action. But now the Navy says newly analyzed documents show he was actually buried at sea.
The teenager from the town of Wyoming, Michigan, is one of 13 sailors from the USS Indianapolis recently discovered to have been given Navy committal ceremonies 77 years ago. In response, the Navy changed their status from “unaccounted for” to “buried at sea.”
“It’s reassuring that he was found and hopefully he didn’t suffer much,” his brother, David Payne, said in an interview from Sparta, Michigan.
Payne said it was a “shock” to hear the news. He first thought it was a prank because his family always believed George’s body was never found.
Two Japanese torpedoes hit the USS Indianapolis on July 30, 1945, when the heavy cruiser was on its way to the Philippines from Guam. The ship sank in just 12 to 15 minutes. The Navy estimates about 300 sailors were trapped inside and went down with the vessel.
The remaining 800 sailors abandoned ship, but rescue vessels didn’t arrive for four days. Hundreds of sailors died in the interim from injuries, dehydration and shark attacks. Only 316 survived. It’s known as one of the biggest tragedies in U.S. naval history.
“Survivors said it was terrible to be in the water and the sharks were just taking these young guys and older guys one at a time and eating them, and hauling them under and taking them away,” said Payne. “And so that’s what we always envisioned. You know, we hoped that maybe if he was on the ship maybe he was killed outright — instead of suffering.”
Payne, who was born a year after the war ended, never met George, who was the third of 12 children. Payne said his older brother was known as a “quiet, well-behaved kid.”
Rick Stone, retired chief naval historian a the Naval History and Heritage Command, said researchers found the names of the 13 sailors in deck logs, commanders’ reports and war diaries kept by the seven ships that recovered bodies.
These ships gave sea burials to 91 identified men, but for unknown reasons the names of only 40 of them were reported by the military. Another 51 names were not. The 13 newly identified come from this latter group. Stone said researchers have open cases on the remaining 38 and have “good clues” for the identities of five.
Stone suspects the names fell through bureaucratic cracks and were never followed up on.
It didn’t help that the Navy announced the loss of the ship on the same day the war ended.
“The sinking of the Indy, which would have been front page news a week earlier, was kind of relegated to one of the midsections of the newspaper,” he said.
Researchers with Stone’s private foundation began looking for the records in January 2021. Stone said he started a file on the Indianapolis while working at the Joint POW/MIA Accounting Agency and seeing hints that some sailors listed as missing had actually been found.
“Giving their loved ones and their families some kind of closure — I mean frankly and in all sincerity — it’s the greatest gift I can imagine,” Stone said.
Stone’s group, Chief Rick Stone and Family Charitable Foundation worked with the Naval History and Heritage Command, the Navy Casualty Office, the USS Indianapolis Survivors Association and the USS Indianapolis Legacy Organization to find their names.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/27/documents-reveal-sea-burials-13-uss-indianapolis-sailors/ | 2022-05-27T11:36:39Z |
PITTSBURGH, Aug. 2, 2022 /PRNewswire/ -- "As a general contractor for 30 years, I've never seen a roof nailing gun that didn't need an air compressor to operate," said an inventor from Elsa, Texas, "so I invented South Coast Cordless Roof Nailer. Workers can pay more attention on their roof nailing tasks instead of moving around air hoses as they work from area to area."
The invention provides freedom of movement without being bound by an air compressor hose and the typical repositioning of the hose. It is sufficiently powered to apply roofing materials and can be especially helpful for working on taller structures. The South Coast Cordless Roof Nailer is easy to use, functional and convenient. It saves time, it increases visibility at night and it is safer and more efficient to use than typical roof nail guns.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-AVT-102, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/08/02/inventhelp-inventor-develops-improved-roof-nailing-tool-that-is-safer-easier-use-avt-102/ | 2022-08-02T19:25:18Z |
Stolen bike recovered 1,000 miles from home
BURLINGTON, Vt. (WCAX) – A bike that was reported stolen in Greenville, South Carolina eight months ago was recently found in Vermont.
The bike’s owner, Preston Spratt, said his hopes of getting the bike back were dwindling until he received a call from Vermont.
“At first I thought this was going to be a Western Union money request to get my bike back, but the perfect person found the bicycle,” Spratt told WCAX.
Erik Thomsen said he saw an odd marketplace post for a bike and decided to check it out.
“They said they had painted an apartment and traded the work for the bike,” Thomsen explained.
Thomsen ended up with the bike and discovered it was stolen by looking up its serial number on Bike Index, a national bike registry.
“It was definitely the bicycle, complete to where the sticky mark where the police sticker I got here in Greenville had been removed,” Spratt said.
Now, an REI store in Vermont is working to return the bike to Spratt in South Carolina.
It’s unclear how the bike ended up in Vermont.
Copyright 2022 WCAX via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/30/stolen-bike-recovered-1000-miles-home/ | 2022-08-30T15:30:21Z |
At first glance, it looks like a single serving bag of Nerds Rope that your child might eat as a treat. But take a closer look. See the word "medicated" and the small white box at the bottom that says 600 milligrams of THC?
Those three letters stand for tetrahydrocannabinol, the part of the marijuana plant that makes people high.
Eating even a small fraction of that bag would "overwhelm a child," said Danielle Ompad, associate professor of epidemiology at NYU School of Global Public Health and senior author of a new study investigating copycat packaging in cannabis sales. The study was published Tuesday in the journal Drug and Alcohol Dependence.
Another candy package Ompad examined was nearly identical to the popular candy Gushers. The label says the bag contains 500 milligrams of THC, while a look-alike bag of Doritos contained 600 milligrams. The resemblance to the brand-name products is uncanny, she said.
"The Nerd Rope knockoffs I have personally seen looked just like the licensed product," Ompad said. "The (knockoff) Doritos were shaped just like the real thing and had a crunch as well."
Eating 500 to 600 milligrams of THC would be a huge dose, even for an adult. "If I ate that whole package, I would be miserable. People who are using edibles recreationally aren't typically eating more than 10 milligrams," Ompad said.
A thorough examination finds no manufacturer listed on the copycat packaging, she said. However, empty bags mimicking dozens of major brands of snacks and candy can be purchased online in bulk, she said, making it easy for small businesses to join the marketplace.
"The reputable business people in cannabis do not engage in this kind of conduct," said Henry Wykowski, legal council for the National Cannabis Industry Association. "There are other people that are still operating in the illicit market and they aren't following the rules."
"We would like to assist in stopping this. It's not good for anybody," he added.
"Many cannabis edibles companies are overstepping on marketing in an egregious way, putting consumers at risk and infringing on the trademarks of well-known and trusted confectionery brands," said Christopher Gindlesperger, the senior vice president of public affairs and communications for the National Confectioners Association, in an email.
The association has established a set of guidelines for states considering deregulation of cannabis.
"We're focused on making sure that the appropriate guidelines and policies are set for distinguishing cannabis-containing edibles from traditional confectionery," Gindlesperger added.
Manufacturers of various major candy and chip brands such as Mars Wrigley, Hershey Company, Mondelez Canada and Ferrara Candy Company have undertaken legal actions against a few companies that are selling knockoffs.
"We are deeply disturbed to see our trademarked brands being used illegally to sell THC-infused products, and even more so to hear of children ingesting these products and becoming ill," said a Mars spokesperson in an email.
"We encourage consumers to reach out to their local authorities with any tips on these illegal products," the spokesperson said.
A growing problem
While anyone might mistake a copycat candy or chip with the real thing, young children are especially vulnerable, Ompad said, as they may be easily drawn to the brightly colored bags often decorated with familiar cartoon characters.
If a child ingests edibles they can become "very sick. They may have problems walking or sitting up or may have a hard time breathing," according to the US Centers for Disease Control and Prevention.
A study published in the journal Pediatrics examined calls to regional poison control centers from 2017 to 2019 and found there were 4,172 cannabis exposure cases in the US among children up to 9 years old. Nearly half (46%) of those calls involved cannabis edibles.
More than 70% of calls to US poison control centers related to marijuana edibles in 2020 "involved children under the age of 5," according to New York Attorney General Letitia James, who issued a consumer alert in October 2021.
"In the first half of 2021 alone, the American Association of Poison Control Centers has reported that poison control hotlines have received an estimated 2,622 calls for services related to young children ingesting illegal cannabis products," the alert said.
News reports from around the US put those numbers into stark relief.
A 3-year-old was admitted to a New Jersey ICU in December 2020 after eating "cannabis candy which looked identical to a Nerds Rope," according to Rutgers New Jersey Medical School. A month later, a preteen was hospitalized in New Jersey after eating a large amount of marijuana-laced candy packaged "almost identically" to Sour Skittles.
Two children under 5 were hospitalized in Oklahoma in March 2021 after eating edibles from bags that looked just like Ruffles, Doritos and Fritos, according to Mark Woodward, public information officer for the Oklahoma Bureau of Narcotics. And the same month a Florida sheriff's office posted a warning on Facebook with an image of dozens of knockoff edibles.
New Jersey has approved the legalization of recreational marijuana, which will soon go into effect, but Oklahoma and Florida have not.
If a younger child is exposed at home, it could mean adults were careless about leaving edibles lying around, Wykowski said.
"I could sell you a responsibly packaged product that doesn't look anything like candy," he said. "But if you leave it out and it looks like a brownie, and your kid walks by and thinks, 'Oh, I'm a little hungry. Dad left the brownies out,' and then eats it, whose fault is that?"
It's also possible teenagers could be obtaining edibles by faking identification or asking older friends to purchase them, just as they do with alcohol, Ompad said.
Until the Wild West of cannabis marketing is tamed through regulation, the responsibility falls on parents to protect their children, experts say. Keep all marijuana products out of the reach of children in childproof containers, the CDC recommends. Better yet, lock them up, Ompad said.
"I am not a person who thinks that cannabis should be illegal or that edibles should not be available," she said. "We just need to do a better job of keeping them away from children and making it clear that they're edibles and what the adult dose is to get the effect that you want."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/copycat-packaging-of-marijuana-edibles-poses-risk-to-children-study-says/article_5194254d-c811-587f-b5d8-b7f022fdf560.html | 2022-04-19T13:36:47Z |
HOUSTON, June 6, 2022 /PRNewswire/ -- Lakewood Church pastors Joel and Victoria Osteen have announced they will be returning to Yankee Stadium on Saturday, August 6 at 7:00 p.m. for "Come Home to Hope," an evening of inspiration and a time to refresh your spirit and gather together with hope and faith.
This summer's "Come Home to Hope" event will be the Osteen's first large-scale public gathering outside Houston in more than three years and will include special guests, inspirational speakers, and praise and worship music from award-winning artists including Cece Winans and Tauren Wells. Since inception, these incredible events have been attended by more than 2 million people in stadiums around the world.
"Victoria and I are looking forward to bringing this evening of inspiration back to Yankee Stadium and the amazing people of New York," said Joel Osteen. "It will be an exciting time for us to be together again. I believe now, more than ever, is the time for us to shine, to be a voice of peace and hope, and draw closer to God."
"Come Home to Hope" marks the third time the Osteens have held services at the iconic stadium. The couple most recently hosted a "Night of Hope" at the stadium in 2014 and first held services at the venue in 2009, which notably marked the first non-baseball event ever held at the current Yankee Stadium.
Tickets are available online at yankees.com, joelosteen.com and ticketmaster.com. More information can be found by visiting yankees.com/upcomingevents.
About Joel Osteen and Lakewood Church:
Joel and Victoria Osteen are the pastors of Lakewood Church in Houston, Texas — America's largest church and one of the nation's most racially and socioeconomically diverse. Millions have attended Joel and Victoria's sold-out events in arenas and stadiums across the US and abroad. Over 70 million people connect with them monthly through their digital platforms. Osteen's weekly podcast is a perennial top-ten on iTunes, with an average of over 15 million downloads each month. More than 10 million viewers watch his televised services each week in the United States along with millions more in 100 nations around the world. Joel is a New York Times #1 best-selling author and can be heard 24 hours a day on Joel Osteen Radio SiriusXM channel 128.
About the New York Yankees:
Founded in 1903, the New York Yankees are the most successful and popular team in Major League Baseball history, having won 27 championships while appearing in 40 World Series. The club plays its home games at Yankee Stadium, which is one of New York City's most-frequented tourist destinations and home to numerous non-baseball events, including college football's Pinstripe Bowl. As a result of their on-field accomplishments and iconic interlocking "NY" logo, the Yankees are among the most recognized brands in the world.
CONTACT:
Jami Schlicher
973-647-0655
jschlicher@jconnelly.com
—JOM—
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SOURCE Joel Osteen Ministries | https://www.mysuncoast.com/prnewswire/2022/06/06/joel-amp-victoria-osteen-bring-come-home-hope-yankee-stadium-this-summer/ | 2022-06-06T15:47:01Z |
SACRAMENTO, Calif. (AP) — Parenting — that long chain of decisions that hopefully leads to a well-rounded adult — was always a little less stressful for Laura Guerra because her husband, Rigo, was “100% in it” for their daughter, Emilia.
But Rigo died from COVID-19 on Christmas Eve in 2020, alone in a hospital room while Guerra watched helplessly from the other side of a window. Since then, left to raise their now 2-year-old daughter mostly by herself, Guerra’s mind hasn’t stopped racing.
“I’m constantly thinking,” she said. “Every decision that I make, if I make the wrong decision, she’s going to suffer for it. And that scares the hell out of me.”
Now, California is using some of its record-setting budget surplus to help ease Guerra’s mind, and those of others like her. Last month, California became the first state to commit to setting up trust funds for children who lost a parent or caregiver to the pandemic.
The money — $100 million in total — will go to into interest-bearing accounts for children from low-income families who have lost a parent to COVID and to kids who are in the state’s foster care system. State lawmakers haven’t decided how much money each child will get, but one early proposal would give younger kids $4,000 and older kids $8,000. That would be enough to provide funding for about 16,000 kids, who could spend the money once they become adults.
“As a mom, this gives me a little bit of that security back,” said Guerra, who has been advocating for the trust funds as a member of the advocacy group COVID Survivors for Change. “I don’t want her to continue to be a victim of this virus forever.”
The first U.S. savings bonds were introduced in the 1930s to raise money for the government and give ordinary Americans an opportunity to invest. Those bonds were nicknamed “baby bonds,” because parents would often buy them for their children.
These modern-day baby bonds are different in that, instead of being purchased by parents, the government gives the money to children from low-income families for free. Advocates have held up the idea as a way to help close the racial wealth gap between white and minority families, who were largely excluded from the federal wealth-building programs during the Great Depression.
Hillary Clinton briefly included a baby bonds proposal in her 2008 presidential campaign platform, and U.S. Sen. Cory Booker introduced a national baby bonds bill in Congress that has yet to pass.
The Washington D.C. City Council passed a baby bond program in 2021, committing to give low-income children $500 plus another $1,000 each year that their parents remain below a certain income level. Last year, Connecticut was the first state to approve a statewide baby bonds program — although it hasn’t been funded yet.
The idea is similar to guaranteed income programs that give cash to low-income people each month with no restrictions on how they can use it. California has several such programs at the local level, modeled after high-profile demonstration project in Stockton that launched three years ago.
While guaranteed income programs are about helping people with short-term expenses, baby bonds are about the future. Children could not touch the money until they reach adulthood. During that time, the money would grow by collecting interest payments from a bank.
How much money they children will get depends on how long the account grows. For younger children, advocates hope they will have between $20,000 and $40,000 once they become adults.
“Income and wealth are different things,” said Michael Tubbs, the former mayor of Stockton who is now an advisor to Gov. Gavin Newsom and founder of the advocacy group End Poverty in California. “People should have the wherewithal to pay their bills today … but the next generation shouldn’t have to live paycheck to paycheck.”
California’s baby bonds program is the latest in a surge of new spending aimed at combating poverty. Since 2018, California has spent $13 billion on an array of new laws and policy changes that have lifted an estimated 300,000 children out of poverty, according to a report released earlier this year by Grace, a California-based nonprofit.
That spending includes a $1,000 tax credit for low income families with young children, a universal school meals program, college savings accounts for low-income kids and a commitment to send every 4-year-old to kindergarten for free.
The group hopes California’s baby bonds program is just a first step. Its goal is to eventually have the state give trust funds to every child in the state born into a low income family.
“The goal has always been, ‘How do we help best set up low income children for their future?’ said Shimica Gaskins, president and CEO of Grace. “We had really relied on educational pathways, but also know that cash and cash assistance and opportunity are equally important.”
It’s not clear if the Legislature would expand the program to include all children from low-income families. State Sen. Nancy Skinner, a Democrat from Berkeley and chair of the Senate Budget Committee, said lawmakers will closely watch the COVID survivor bond program to see how it works.
“The great irony of California especially, but the nation as a whole, is we have such wealth but it’s so concentrated,” Skinner said. “Whatever we can do that can address that income inequality is essential to do.”
The state treasurer’s office will manage the money in interest-bearing accounts. Once the recipients become adults, they can spend the money however they want. But advocates hope they’ll use it for things like a down payment for a house, college tuition or a car.
Guerra said she doesn’t know how her daughter would use the money once she’s old enough to spend it.
“I do whatever I can to steer her in the right direction and to make her a good human being, right?” she said.
For now, she’s focused on making sure her daughter, Emilia, remembers her father. So far, her efforts appear to be working.
Emilia Guerra sees her daddy everywhere. He’s in the picture frames on the walls of her room. He’s on the screen of her mother’s phone. And he’s in the recesses of her 2-year-old mind, showing his face to her in scattered moments across her bustling life.
“Randomly, we will be sitting somewhere and she says, ‘Hi Daddy!’” Guerra said. “I do tell her that mommy can’t see daddy. But maybe she can.” | https://cw33.com/news/u-s-news/ap-us-headlines/california-oks-baby-bonds-to-help-combat-child-poverty/ | 2022-07-22T21:23:14Z |
Zelensky says Blinken and Austin will visit Ukraine on Sunday
By Mohammed Tawfeeq and Jonny Hallam, CNN
Ukrainian President Volodymyr Zelensky has announced that US Secretary of State Antony Blinken and US Defense Secretary Lloyd Austin will visit Kyiv on Sunday.
“I don’t think this is a secret that people from the US are coming to us tomorrow, State Secretary Mr. Blinken and the Defense Secretary (Lloyd Austin) who are coming to us,” Zelensky said at a press conference held in an underground subway station in the Ukrainian capital.
Zelensky also said, “We will be expecting, when the security will allow, the President of the United States to come and to talk to us.”
CNN has reached out to the US Department of Defense and Department of State for comment.
The White House declined to comment on the potential trip.
This is a breaking story and will be updated.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/23/zelensky-says-blinken-and-austin-will-visit-ukraine-on-sunday/ | 2022-04-23T19:35:20Z |
(The Hill) — Concerns about skyrocketing gas prices across the U.S. have been a major worry for Americans this year, but high inflation has also led to soaring prices at the grocery store.
The consumer price index (CPI) rose 8.5 percent over the last 12 months, with the U.S. Department of Agriculture (USDA) recording large bumps in everything from fruits and vegetables to meats and dairy products.
Below are the five grocery items with the largest 12-month cost increase, according to the USDA and Bureau of Labor Statistics.
Beef and veal products
Uncooked beef and veal have seen the biggest spike on store shelves, rising 20.4 percent over the last year.
Uncooked beef roasts rose 17.7 percent, and beef steaks jumped 16.4 percent.
A severe labor shortage in the meat-packing industry caused by the COVID-19 pandemic has contributed to the increase in meat prices.
Citrus fruits
Citrus fruits, including lemons, limes and grapefruits, climbed 19.5 percent.
The prices for oranges and tangerines rose 18.3 percent.
A myriad of factors have jacked up prices for fresh produce, including rising wages in Mexico, a major importer of fruits and vegetables, and a drought in California, according to The Washington Post.
Bacon
Bacon products soared 18.2 percent in the last year.
Breakfast sausages have also risen considerably, at 16.5 percent in the past 12 months.
Margarine and peanut butter
The price for margarine rose 15.8 percent annually, while peanut butter rose 15.8 percent in the past year.
Butter production has fallen 1.4 percent from February 2021 and 5.4 percent from this January, according to the latest USDA report.
Fresh and frozen chicken parts
Chicken parts, which includes packages of drum sticks, thighs and breasts, rose 15.1 percent.
The price for birds could rise again as the bird flu has been spreading across the country and in some cases affecting commercial flocks. | https://cw33.com/news/five-grocery-items-with-big-price-jumps-amid-high-inflation/ | 2022-04-16T14:44:14Z |
New Neighborhood Coworking Company Founded by Former WeWork Execs Opens On-Demand, Enterprise-Grade Workspot in Harrison, NY
HARRISON, N.Y., July 25, 2022 /PRNewswire/ -- Daybase, the hybrid work company, today launched its first Westchester location in Harrison, NY, bringing a new neighborhood-based work experience to local residents and businesses.
The 5,000-square-foot street-level retail space offers members a variety of space types, both bookable and unassigned, designed for individual and group work activities. The spaces are available completely on-demand, with bookable spaces reservable by the hour through the Daybase mobile app.
The founders of Daybase were joined by Harrison Mayor Richard Dioniso, along with other Harrison and County officials for a ribbon-cutting and tour of the new space. It is located at 326 Halstead Avenue on the ground level of the AvalonBay apartment complex.
The company, launched by a team of former WeWork executives, is developing a network of its on-demand workspots in neighborhoods and communities across the country, to create a purpose-built third space, between home and the office, for the post-pandemic hybrid or remote worker.
"We created Daybase for the times when your office is too far, but home is too close," said Daybase CEO Joel Steinhaus. "Employees are rejecting a return to the five-day commute. However, they need a place that offers the functionality of the office, with the convenience of being down the street and available when they need it. In Harrison, we are excited to serve residents and local businesses. The opening of our first Westchester location represents step one in our long-term plan to build a national network of close-to-home workspots."
"To have Daybase, a hybrid working facility, available in Harrison will be a great opportunity for our residents and those who work remotely to connect and network with their neighbors, colleagues, local business people and entrepreneurs. We are thrilled to have a designated co-working space in Town and this will be a great addition to downtown Harrison and local businesses alike," said Harrison Supervisor/Mayor Richard Dionisio
Daybase offers members unlimited access to the Daylounge, with additional credits available for bookable spaces. The Daylounge has open, unassigned seating for quick tasks and casual conversations, while bookable spaces serve a set of activities that have proliferated during the pandemic — quiet study space for focus work, private space for video conferencing, and larger configurations for group collaborations. Non-members can also book time at Daybase through the app.
Partnering with AvalonBay Communities on the new location, Daybase is responding to the growing demand for flexible work space within multi-family, mixed-use, and retail developments across Westchester and the country.
"We are excited to welcome Daybase to Avalon Harrison," said Jeff Topchik, Vice President of Retail for AvalonBay Communities. "Daybase's model of creating a localized option of high-quality, professional-grade coworking space aligns with our vision of providing an amenity-rich environment for our residents to work, live, and experience. Daybase is a fantastic addition to our community."
Founded in 2020 in New York City, Daybase is a new model designed to create a seamless hybrid work experience. Created by a team of seasoned executives with experience in enterprise workplace solutions, design, architecture, technology, construction, finance, and real estate, Daybase offers a network of professional-grade, on-demand workspots, located close to home, in neighborhoods and communities across the country. For more information, please visit www.daybase.co.
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SOURCE Daybase | https://www.mysuncoast.com/prnewswire/2022/07/25/daybase-opens-first-hybrid-work-location-westchester/ | 2022-07-25T21:51:45Z |
9-year-old girl survives rare cougar attack in Washington
Published: May. 31, 2022 at 7:13 AM CDT|Updated: 17 minutes ago
FRUITLAND, Wash. (AP) — Witnesses say a 9-year-old girl survived a cougar attack after wandering up a trail with two friends while camping in northwest Washington state.
It happened Saturday morning near Fruitland, Washington.
The girl fought back while her friends ran for their lives. Adults rushed to help and found the girl covered in blood.
She was soon airlifted to a hospital, where she’s recovering after surgery for multiple wounds to her head and upper body.
Others found the young male cougar and killed it.
Fish and Wildlife spokeswoman Staci Lehman says cougar attacks are rare, with only two fatalities in the last century in Washington state.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/31/9-year-old-girl-survives-rare-cougar-attack-washington/ | 2022-05-31T12:32:33Z |
NEW ORLEANS, Sept. 9, 2022 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF continues its investigation into Tricida, Inc. (NasdaqGS: TCDA).
On July 15, 2020, the Company disclosed that it received a notification from the U.S. Food and Drug Administration (FDA) regarding its ongoing review of the Company's New Drug Application (NDA) for its drug candidate, veverimer (TRC101) wherein "the FDA has identified deficiencies that preclude discussion of labeling and postmarketing requirements/commitments at this time." Then, on October 29, 2020, the Company disclosed that the FDA had informed it that the FDA was "unlikely to rely solely on serum bicarbonate data for determination of efficacy" and would "require evidence of veverimer's effect on CKD progression from a near-term interim analysis of the VALOR-CKD trial for approval under the Accelerated Approval Program." Finally, on February 25, 2021, the Company disclosed that the FDA had denied the appeal of its NDA denial.
Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws. Recently, the court presiding over that case denied the Company's motion to dismiss in part, allowing the case to move forward.
KSF's investigation is focusing on whether Tricida's officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of Tricida shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-tcda/ to learn more.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.mysuncoast.com/prnewswire/2022/09/10/tricidia-investigation-continued-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-continues-investigate-officers-directors-tricida-inc-tcda/ | 2022-09-10T03:42:39Z |
Gator attack in Bradenton
Published: Sep. 3, 2022 at 9:47 PM EDT|Updated: 1 hour ago
SARASOTA, Fla. (WWSB) - The Florida Fish and Wildlife Conservation Commission (FWC) has reported an alligator incident.
According to the FWC, they received a call around 6 pm and dispatched an alligator trapper to the location.
The victim was transported to Sarasota Hospital and at this time the extent of the victim’s injuries is unknown.
This is an ongoing story, more information to come.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/04/gator-attack-bradenton/ | 2022-09-04T03:03:48Z |
NEW YORK, July 26, 2022 /PRNewswire/ -- Computecoin, a Web3 cloud services platform, is partnering with decentralized storage network Crust to make storing and retrieving files from the decentralized cloud easier.
The partnership will see Computecoin integrate Crust's decentralized storage resources into its network, expanding the storage capacity available to Computecoin users and enabling developers to easily access Crust's storage resources with Computecoin's streamlined user experience.
Computecoin Chief Operations Officer Sang Lee described the partnership as an important step toward making decentralized cloud services for Web3 applications more comprehensive and accessible to users.
"Today's Web3 cloud infrastructure just can't meet users' needs. The solutions that Web3 providers currently offer are too limited, and users face a steep learning curve even if they do want to use these services. In some cases, users need to know how to code just to store or retrieve files from a Web3 cloud provider. Computecoin and Crust want to address these pain points in the industry by making robust, decentralized cloud services - including storage - more affordable and easier to use."
Just as Expedia provides an easy, end-to-end booking solution that simplifies the reservation process by eliminating extra steps, Computecoin offers users a comprehensive computing and storage solution by working with individual data centers, crypto mining farms and decentralized platforms.
"Crust is one of the first projects that we've worked with to show developers that they don't need to rely on the legacy providers or learn to code to build and run dApps in the cloud," Lee said.
Crust is a decentralized storage network for Web3 applications that offers users access to storage capacity at a low cost. The network boasts customized and premium solutions for web/dApp hosting, NFT metadata storage, and personal file sharing, etc.
Crust Network Core Developer Luke Fan believes the partnership will benefit both communities. "Collaborating with Computecoin will introduce new users to the Crust Network ecosystem and create more token use cases for Crust. Through infrastructure like Computecoin, users and developers can more easily access underlying decentralized storage, such as Crust, which allows us to better develop Web3!"
Computecoin (CCN) is a decentralized cloud infrastructure with a Web2 user experience built to power all-purpose cloud services. CCN bridges a gap in the industry by respectively allowing users and developers to easily use and deploy applications through a low-cost, private and reliable alternative to traditional centralized clouds like AWS. Learn more at https://www.computecoin.com/.
Crust Network is a versatile, purpose-built storage blockchain that delivers truly decentralized file storage for the entire Web3 ecosystem, empowering privacy and data ownership. Crust's unique decentralized storage marketplace connects storage requests with storage node providers almost instantly, enabling users to easily host websites, dApps and NFT metadata; share personal files; and build custom APIs. Learn more at https://crust.network/.
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SOURCE Computecoin | https://www.kxii.com/prnewswire/2022/07/26/computecoin-joins-forces-with-crust-network-make-decentralized-cloud-services-easier-use/ | 2022-07-26T12:18:11Z |
Digi-Key to host webinar demonstrating new features May 25
THIEF RIVER FALLS, Minn. , May 16, 2022 /PRNewswire/ -- Digi-Key Electronics, which offers the world's largest selection of electronic components in stock for immediate shipment, announced that it has enhanced its myLists tool to now include price quotes to improve ordering efficiency.
myLists is a modern parts list management tool that consolidates bills of materials (BOMs), price and availability lists, and quotes. This new quote integration allows users to efficiently upload lists of up to 1,000 parts to check stock, instantly secure pricing for 30 days, collaborate with colleagues and place orders all in one place.
The new features include:
- Increased functionality with a modern, easy-to-use interface to convert lists to quotes
- Ability to set preferences for preferred package types
- Option to duplicate an expired quote to update pricing
- Capability to quote 6 quantities per part number
- And more!
"We are excited to introduce a unified list experience for Digi-Key's myLists users," said Linda Johnson, executive vice president of operations at Digi-Key. "Digi-Key customers can now work smarter, not harder, by using myLists' quoting functionality to keep everything in one convenient location, create multiple quotes from one list of parts and easily convert quotes to online orders. This enhancement is just one of the many ways Digi-Key is continually improving the customer experience."
Additionally, Digi-Key will host a webinar titled "Past, Present and Future of Parts List Management" on Wednesday, May 25, 2022, at 11 a.m. CDT to give a brief overview and demo of myLists before opening up for a Q&A session.
To attend the webinar, submit a registration form. If you can't attend the live webinar, Digi-Key will send the recording after the event to those who register.
Registered Digi-Key users can access myLists and create quotes by visiting digikey.com/mylists.
For more information about Digi-Key's products and to order from their product portfolio, please visit the Digi-Key website.
About Digi-Key Electronics
Digi-Key Electronics, headquartered in Thief River Falls, Minn., USA, is recognized as both the leader and continuous innovator in the high service distribution of electronic components and automation products worldwide. As the original pioneer in this space, Digi-Key provides more than 13.4 million components from over 2,300 quality name-brand manufacturers with an industry-leading breadth and depth of product in stock and available for immediate shipment. Beyond the products that drive technology innovation, Digi-Key also supports design engineers and procurement professionals with a wealth of digital solutions and tools to make their jobs more efficient. Additional information can be found at digikey.com and on Facebook, Twitter, YouTube, Instagram and LinkedIn.
Editorial Contact
Megan Derkey
Bellmont Partners
+1 612-255-1115
digikey@bellmontpartners.com
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SOURCE Digi-Key Electronics | https://www.wibw.com/prnewswire/2022/05/16/digi-key-electronics-introduces-mylists-quotes/ | 2022-05-16T16:14:01Z |
ALBANY -- This week the Flint RiverQuarium is partnering with the ASU Water Policy & Planning Center, the Jones Center at Ichuaway, Albany State University, the Auburn University College of Agriculture, and Flint Riverkeeper to co-host the 2022 ACF Waters Conference. The gathering will bring together scientists, technical analysts, and other practitioners to share information important for the management of shared resources in the Apalachicola-Flint-Chattahoochee River Basin.
Speakers and panelists will address restoration and conservation initiatives in the Flint and Chattahoochee Basins, reservoir dynamics, building connections through water quality monitoring, shoal bass management and mussel conservation, and management of Apalachicola Bay and other collaborative science and management projects. Attendees will include researchers, managers, water users and other stakeholders.
The in-person conference opens Tuesday afternoon with an optional field trip on the Flint River followed by a reception and dinner at Covey Rise Plantation. Program sessions will be held Wednesday and Thursday at Albany State University's West Campus. A poster session and reception at the Flint RiverQuarium is scheduled for Wednesday evening.
Conference sponsors are the University of Georgia River Basin Center, Auburn University Water Resources Center and The Nature Conservancy.
Stacker looks at every NFL top overall draft pick to make the playoffs in their rookie season, per data from Pro-Football-Reference.com. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/local/flint-riverquarium-co-hosts-waters-conference/article_315cb5a2-c4b7-11ec-95f5-8f93f727e8d3.html | 2022-04-25T19:29:26Z |
NEW YORK, June 15, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
CareMax, Inc. (NASDAQ: CMAX)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of CareMax, Inc. (NASDAQ: CMAX), in connection with the proposed transaction with Steward Health Care System ("Steward"). Upon completion of the transaction, CMAX will pay $25 million in cash and issue 23.5 million shares of CMAX's Class A common stock to the equity holders of Steward. If you own CMAX shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/cmax
Healthcare Realty Trust Incorporated (NYSE: HR)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Healthcare Realty Trust Incorporated (NYSE: HR), in connection with the proposed merger of HR with Healthcare Trust of America, Inc. ("HTA"). Under the terms of the merger agreement, each share of HR common stock will be exchanged for one share of HTA common stock, at a fixed ratio. If you own HR shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/hr
Covetrus, Inc. (NASDAQ: CVET)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Covetrus, Inc. (NASDAQ: CVET), in connection with the proposed acquisition of CVET by funds affiliated with Clayton, Dubilier & Rice and TPG Capital. Under the terms of the merger agreement, CVET shareholders will receive $21.00 in cash for each share of CVET common stock owned. If you own CVET shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/cvet
Watermark Lodging Trust, Inc. (OTC: WRMK)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Watermark Lodging Trust, Inc. (OTC: WRMK), in connection with the proposed acquisition of WRMK by funds managed by Brookfield. Under the terms of the merger agreement, WRMK shareholders will receive $6.768 in cash for each Class A share of WRMK common stock owned and $6.699 in cash for each Class T share of WRMK common stock owned. If you own WRMK shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/wrmk
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SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/06/15/shareholder-alert-weiss-law-reminds-cmax-hr-cvet-wrmk-shareholders-about-its-ongoing-investigations/ | 2022-06-15T20:49:53Z |
Biden administration addressing logistical issues with infant formula manufacturer Reckitt
By Betsy Klein, CNN
The Biden administration is working directly with infant formula manufacturer Reckitt and retailers, including Target, to provide logistical support as it works to help alleviate a nationwide formula shortage, a White House official told CNN Wednesday.
Reckitt, which manufactures Enfamil brand formula, has been working to boosts its domestic production — efforts that have been aided by the White House since President Joe Biden spoke with the leaders of Reckitt and Gerber, and retailers Target and Walmart, last week. Officials have been in “close communication” with the four major US manufacturers of infant formula — Reckitt, Abbott, Nestle/Gerber and Perrigo — as well as major retailers this week following the conversations with Biden.
“For the past several days, the administration has been working closely with Reckitt to review any supply chain bottlenecks or shortages they are experiencing,” the White House official said.
The official continued, “The administration has reached out to suppliers of raw materials as well as packaging materials to see whether Reckitt can be prioritized and receive higher allocations. The suppliers have already responded to the administration’s requests and are prioritizing Reckitt and infant formula manufacturers, as well as expanding production where possible.”
There have also been efforts to improve Reckitt’s supply chain.
“The administration has worked with both Reckitt and one of their suppliers’ tank driving companies to determine how to improve fluidity in their goods movement chain, particularly a very tight truck driving market. The supplier is now dedicating three teams to the delivery of oils like palm and soybean to a Reckitt facility,” the official said, making the production process “more efficient.”
There have also been efforts to engage major retailers, including Amazon, Walmart and Target.
“We’ve worked closely with retailers and grocers, especially Target to identify regions where stocks need to be prioritized. We appreciate the companies that have been working closely with us to share inventory data,” the official said.
The Biden administration is confronting a barrage of questions and criticism for the national baby formula shortage that has anxious and angry parents hopping from store to store in search of baby food.
The administration offered a new website, HHS.gov/formula, to provide resources to families in need, but when a CNN reporter tested out some of those options, the exercise resulted in apologetic customer service representatives, one hold time that lasted well over an hour and serious challenges in finding baby formula through some of the main suggestions listed on the new HHS website.
During an appearance on CNN earlier this week, US Food and Drug Administration Commissioner Dr. Robert Califf said the administration is “doing everything we can” to resolve the shortage, predicting that the situation will “gradually improve” over a “few weeks.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/18/biden-administration-addressing-logistical-issues-with-infant-formula-manufacturer-reckitt/ | 2022-05-18T19:15:08Z |
Aquantix's expertise in assessing physical climate risks and advanced technology and modelling capabilities will strengthen Morningstar Sustainalytics' Climate Capabilities and Solutions
TORONTO, June 29, 2022 /PRNewswire/ -- Morningstar Sustainalytics, a leading global provider of ESG research, ratings, and data, announced it has acquired Aquantix, a Montreal-based technology company that develops and delivers property-level climate risk data services for the real estate and mortgage lending industries. Aquantix's AI-powered models quantify the impacts of climate change on half a billion residential and commercial assets in 180 countries. With the demand for climate-related data accelerating among real estate investors, banks, and lenders, Aquantix's technology and expertise will enable Morningstar Sustainalytics to help these key stakeholders assess climate-related risks in the global real estate space.
To support more financial market stakeholders address the wide-ranging effects of climate change, Morningstar Sustainalytics has been investing in talent, technology and tools in order to rapidly expand its climate capabilities and solutions. Today, Morningstar Sustainalytics' Climate Solutions team stands at more than 90 professionals, covering a variety of disciplines. With a skilled in-house team, combined with technology and analytics from Aquantix, Morningstar Sustainalytics will offer a range of market-leading climate solutions to empower investors, banks, lenders, and companies to make more informed climate-related decisions.
Morningstar Sustainalytics will also benefit from Aquantix's strategic partnership with Teranet Inc., a global leader in modern registry solutions, real estate ecosystem platforms and data and analytics. Canada-based Teranet integrates Aquantix's property-level climate risk data into its offerings to provide federally regulated financial institutions and regulators with market-leading data solutions. Collaborating with Teranet, Morningstar Sustainalytics will deliver high-quality real estate climate data solutions to decision-makers in real estate, banking, lending, and insurance.
"Real estate is an asset class directly impacted by increasing physical climate risks," said Senior Vice President of Climate Solutions at Morningstar Sustainalytics, Azadeh Sabour. "With the addition of the Aquantix team and their technology, we are fast-tracking our asset-level data collection and developing innovative climate-focused solutions for the commercial and residential real estate market. We are excited to bring the Aquantix team into the Morningstar Sustainalytics family and look forward to collaborating with Teranet."
"Banks, lenders and real estate asset managers require a comprehensive understanding of the impact that climate change has on their portfolio of real estate investments," said Morningstar Sustainalytics' Commercialization Director of Real Estate Solutions, Toby Messier. "Aquantix fills this void by capturing millions of climate-related data points and providing meaningful property risk metrics that measure the estimated asset damage from emerging climate events across various time frames and scenarios. By joining Morningstar Sustainalytics, we are in an even stronger position to scale and help more real estate financiers reach their broader climate change goals."
For more information on Sustainalytics' Climate Solutions, please visit here.
Morningstar Sustainalytics is a leading ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. For 30 years, the firm has been at the forefront of developing high-quality, innovative solutions to meet the evolving needs of global investors. Today, Morningstar Sustainalytics works with hundreds of the world's leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. The firm also works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices, and capital projects. With 17 offices globally, Morningstar Sustainalytics has more than 1,500 staff members, including more than 500 analysts with varied multidisciplinary expertise across more than 40 industry groups. For more information, visit www.sustainalytics.com.
This press release contains forward-looking statements as that term is used in the Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations about future events or future financial performance. Forward-looking statements by their nature address matters that are, to different degrees, uncertain, and often contain words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," or "continue." These statements involve known and unknown risks and uncertainties that may cause the events we discuss not to occur or to differ significantly from what we expect. For us, these risks and uncertainties include, among others, failing to maintain and protect our brand, independence, and reputation; liability related to cybersecurity and the protection of confidential information, including personal information about individuals; liability for any losses that result from an actual or claimed breach of our fiduciary duties or failure to comply with applicable securities laws; compliance failures, regulatory action, or changes in laws applicable to our credit ratings operations, or our investment advisory, ESG, and index businesses; failing to respond to technological change, keep pace with new technology developments, or adopt a successful technology strategy; the failure to recruit, develop, and retain qualified employees; inadequacy of our operational risk management and business continuity programs in the event of a material disruptive event, including an outage of our database, technology-based products and services or network facilities; failing to differentiate our products and services and continuously create innovative, proprietary, and insightful financial technology solutions; prolonged volatility or downturns affecting the financial sector, global financial markets, and global economy and its effect on our revenue from asset-based fees and credit ratings business; failing to maintain growth across our businesses in today's fragmented geopolitical, regulatory and cultural world; liability relating to the information and data we collect, store, use, create, and distribute or the reports that we publish or are produced by our software products; the failure of acquisitions and other investments to be efficiently integrated and produce the results we anticipate; the impact of the current COVID-19 pandemic and government actions in response thereto on our business, financial condition, and results of operations; challenges faced by our non-U.S. operations, including the concentration of data and development work at our offshore facilities in China and India; our indebtedness could adversely affect our cash flows and financial flexibility; and the failure to protect our intellectual property rights or claims of intellectual property infringement against us. A more complete description of these risks and uncertainties can be found in our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K.
If any of these risks and uncertainties materialize, our actual future results and other future events may vary significantly from what we expect. We do not undertake to update our forward-looking statements as a result of new information or future events.
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SOURCE Morningstar Sustainalytics | https://www.kxii.com/prnewswire/2022/06/29/morningstar-sustainalytics-acquires-property-level-climate-risk-data-provider-aquantix/ | 2022-06-29T12:23:00Z |
Musk to Tesla workers: Return to the office or leave
(CNN) - Tesla CEO Elon Musk is demanding the electric car company’s office workers to return to in-person work or leave the company.
The new policy was disclosed in leaked emails Musk sent to Tesla’s executive staff Tuesday.
He wrote anyone who wants to do remote work must be in the office for at least 40 hours a week or “depart Tesla.”
Musk said he would personally review any requests for exemption, but for the most part, “if you don’t show up, we will assume you have resigned.”
He said the company will continue to make the most exciting and meaningful products of any company on Earth, and that won’t happen by phoning in.
Tesla did not respond to a request for comment on the change.
The policy is completely at odds with Twitter, the social media company Musk is trying to buy.
Twitter previously announced employees can continue to work from home “forever” if they choose.
Surveys shows the majority of office workers prefer the option of working from home.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/02/musk-tesla-workers-return-office-or-leave/ | 2022-06-02T13:18:10Z |
GREENWOOD VILLAGE, Colo., Aug. 17, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share. This dividend is payable on September 14, 2022 to stockholders of record as of the close of business on August 31, 2022.
About Century Communities:
Century Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder, offering new homes under the Century Communities and Century Complete brands. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 17 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.
Contact Information:
Tyler Langton, Senior Vice President of Investor Relations
303-268-8345
Tyler.Langton@CenturyCommunities.com
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SOURCE Century Communities, Inc. | https://www.kxii.com/prnewswire/2022/08/17/century-communities-announces-quarterly-cash-dividend/ | 2022-08-17T20:33:23Z |
VANCOUVER, BC, June 7, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that it has taken up and purchased for cancellation a total of 11,898,205 common shares ("Shares") at a price of US$95.00 per Share under its substantial issuer bid ("SIB") for an aggregate purchase price of approximately US$1.130 billion.
The Shares purchased represent approximately 11.7% of the total number of West Fraser's issued and outstanding Shares and Class B shares at the time the SIB was announced in late April 2022. After giving effect to the SIB, West Fraser will have 87,473,547 Shares and 2,281,478 Class B shares issued and outstanding. No Class B shares were purchased under the SIB.
"We are pleased to have successfully completed our second Substantial Issuer Bid, furthering our track record of returning significant capital to our shareholders. While we were able to return more than US$1.1 billion to participating shareholders, the fact that the tender offer was not oversubscribed suggests that many of our shareholders still see considerable upside value in our shares," said Ray Ferris, President & CEO, West Fraser. "West Fraser's capital allocation priorities aim to balance disciplined investing with returning capital to shareholders, all while maintaining our financial flexibility. By executing strategic share repurchases at a price below our estimate of intrinsic value, we are confident that we will be able to create significant, long-term value for our shareholders. Given our strong balance sheet, we will continue to look for additional opportunities to effectively deploy our capital as we execute on our strategic objectives, benefit from the resilience of our product and geographic diversity and provide our customers with the type of wood-based building products that we expect will be important contributors to a low-carbon economy."
Since the completion of the Norbord acquisition in February 2021, the Company has repurchased 33,542,183 Shares through the completion of two SIBs as well as normal course issuer bids, representing approximately 27.2% of the total Shares and Class B shares outstanding at the time of the acquisition of Norbord for an aggregate total of approximately US$2.812 billion. Over the same period, West Fraser has returned approximately US$112 million to shareholders through dividends, for a total of approximately US$2.924 billion in capital returned to shareholders through buybacks and dividends.
All shareholders who made auction tenders and purchase price tenders will have 100% of their successfully tendered Shares purchased by West Fraser at the purchase price.
Payment for the Shares accepted for purchase under the SIB will be effected by Computershare by June 9, 2022 in accordance with the SIB and applicable law. The Company expects to be eligible to recommence purchases under its normal course issuer bid ("NCIB") after all Shares accepted for purchase under the SIB have been taken up. In connection with the recommenced NCIB and subject to TSX approval, West Fraser will enter into an automatic share purchase plan with its broker, which will enable West Fraser to provide standard instructions and purchase Shares on the open market during self-imposed blackout periods. Outside of these blackout periods, Shares may be purchased in accordance with management's discretion.
For Canadian federal income tax purposes, a deemed dividend arises on the repurchase of Shares under the SIB. To assist shareholders in determining the Canadian tax consequences of the SIB, West Fraser has determined that for the purposes of the Income Tax Act (Canada), the paid-up capital per Share is C$17.49. West Fraser designates the entire amount of the deemed dividend arising from its repurchase of the Shares under the SIB as an "eligible dividend" for purposes of the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.
For the purposes of subsection 191(4) of the Income Tax Act (Canada), the "specified amount" in respect of each Share is US$79.95.
The full details of the SIB are described in the offer to purchase and issuer bid circular dated April 26, 2022, as well as the related letter of transmittal and notice of guaranteed delivery, copies of which were filed and are available on SEDAR at www.sedar.com and on EDGAR at www.sec.com.
This press release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell West Fraser's shares.
West Fraser is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe. From responsibly sourced and sustainably managed forest resources, the Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, other residuals, and renewable energy. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers, tissue, and box materials.
This news release contains forward-looking information or forward-looking statements (collectively, "forward-looking statements") within the meaning of applicable securities laws, including statements relating to the SIB, including the timing of payment of the purchased Shares under the SIB, the creation of long-term value for shareholders through the repurchase of shares at below our estimate of intrinsic value, additional opportunities to deploy capital as we execute on our strategic objectives, the timing of share purchases under the NCIB and the automatic share purchase plan and other statements that are not historical facts, are "forward-looking statements" within the meaning of Canadian and United States securities laws. Any such forward-looking statements are based on information currently available to us and are based on assumptions and analyses made by us in light of our experience and our perception of historical trends and current conditions. Readers should also refer to the risk factors set forth in the Company's annual information form and management's discussion and analysis for the year ended December 31, 2021, each dated February 15, 2022, available at SEDAR (www.sedar.com) and EDGAR (www.sec.gov/edgar.shtml). There can be no assurance that the plans, intentions or expectations upon which forward-looking statements are based will be realized. Actual results may differ, and the difference may be material and adverse to the Company and its shareholders.
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SOURCE West Fraser Timber Co. Ltd. | https://www.kxii.com/prnewswire/2022/06/07/west-fraser-announces-successful-completion-substantial-issuer-bid-extending-record-capital-returns/ | 2022-06-07T11:51:02Z |
- 1Q22 EPS of $8.23
- 1Q22 Net Income and EBITDA of $339.2 million and $476.4 million, respectively
- Year-over-year increase in 1Q22 consolidated operating income driven primarily by China service strength
- Repurchased approximately 0.7 million shares in 1Q22
HONOLULU, May 3, 2022 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $339.2 million, or $8.23 per diluted share, for the quarter ended March 31, 2022. Net income for the quarter ended March 31, 2021 was $87.2 million, or $1.99 per diluted share. Consolidated revenue for the first quarter 2022 was $1,165.5 million compared with $711.8 million for the first quarter 2021.
"Matson is off to a solid start in 2022 with higher year-over-year operating income in both Ocean Transportation and Logistics," said Chairman and Chief Executive Officer Matt Cox. "Within Ocean Transportation, our China service continued to see significant demand for its expedited ocean services as volume for e-commerce, garments and other goods remained elevated. The increase in consolidated operating income year-over-year was driven primarily by continued strength in the China service. Currently in the Transpacific tradelane, we are seeing supply chain challenges in China, primarily due to actions to mitigate the spread of COVID-19, as well as continued supply chain constraints and congestion on the U.S. West Coast, elevated consumption trends, and inventory restocking. Despite the near-term uncertainty presented by the supply chain challenges in China, we expect a combination of the current supply and demand factors to remain largely in place through at least the October peak season and continue to expect elevated demand for our China service for most of this year."
Mr. Cox added, "In our domestic ocean tradelanes, we continued to see steady demand with higher year-over-year volumes in Alaska and Guam, and demand in Hawaii comparable to the level achieved in the year ago period. In Logistics, operating income increased year-over-year with strength across all of the business lines as we continued to see elevated goods consumption, inventory restocking and favorable supply and demand fundamentals in our core markets."
First Quarter 2022 Discussion and Update on Business Conditions
Ocean Transportation: The Company's container volume in the Hawaii service in the first quarter 2022 was 0.6 percent lower year-over-year. The decrease was primarily due to lower eastbound volume. During the quarter, we continued to see elevated hospitality-related demand as a result of strong domestic tourist arrivals and modest improvement in international visitor traffic. In the near-term, we are cautiously optimistic on further economic recovery in Hawaii in 2022. The positive trends include further improvement in the unemployment rate and increasing tourism traffic, including meaningful international visitor traffic later in the year, but incremental waves of COVID-19 variants present the possibility of further economic slowdowns and the loss of federal stimulus coupled with inflation and higher interest rates may impact discretionary income.
In China, the Company's container volume in the first quarter 2022 increased 13.4 percent year-over-year. The increase was a result of five more eastbound voyages than the prior year. Volume demand in the quarter was driven by e‑commerce, garments and other goods. Matson continued to realize a significant rate premium over the Shanghai Containerized Freight Index in the first quarter 2022 and achieved average freight rates that were considerably higher than in the year ago period. Currently in the Transpacific tradelane, we are seeing supply chain challenges in China, primarily due to actions to mitigate the spread of COVID-19, as well as continued supply chain constraints and congestion on the U.S. West Coast, elevated consumption trends, and inventory restocking. Despite the near-term uncertainty presented by the supply chain challenges in China, we expect a combination of the current supply and demand factors to remain largely in place through at least the October peak season and continue to expect elevated demand for our China service for most of this year.
In Guam, the Company's container volume in the first quarter 2022 increased 10.0 percent year-over-year primarily due to higher retail-related demand. In the near-term, we are cautiously optimistic on further economic growth in Guam as tourism traffic improves as the year progresses.
In Alaska, the Company's container volume for the first quarter 2022 increased 20.2 percent year-over-year primarily due to (i) the increase in volume from the Alaska-Asia Express ("AAX"), (ii) higher northbound volume primarily due to higher retail-related demand and volume related to a competitor's dry-docking and (iii) higher southbound volume primarily due to higher seafood volume. In the near-term, we expect improving economic trends in Alaska, but the recovery's trajectory continues to remain uncertain.
The contribution in the first quarter 2022 from the Company's SSAT joint venture investment was $34.0 million, or $24.8 million higher than the first quarter 2021. The increase was primarily driven by higher other terminal revenue.
Logistics: In the first quarter 2022, operating income for the Company's Logistics segment was $16.4 million, or $10.3 million higher compared to the level achieved in the first quarter 2021. The increase was due primarily to higher contributions from all services as we continued to see elevated goods consumption, inventory restocking and favorable supply and demand fundamentals in our core markets.
Results By Segment
Ocean Transportation — Three months ended March 31, 2022 compared with 2021
Ocean Transportation revenue increased $383.4 million, or 68.4 percent, during the three months ended March 31, 2022, compared with the three months ended March 31, 2021. The increase was primarily due to higher revenue in China, higher fuel-related surcharge revenue, and higher revenue in Alaska. The higher revenue in China was primarily due to considerably higher average freight rates and higher volume. The higher revenue in Alaska was primarily the result of higher volume.
On a year-over-year FEU basis, Hawaii container volume decreased 0.6 percent primarily due to lower eastbound volume; Alaska volume increased 20.2 percent primarily due to (i) the increase in volume from AAX, (ii) higher northbound volume primarily due to higher retail-related demand and volume related to a competitor's dry-docking, and (iii) higher southbound volume primarily due to higher seafood volume; China volume was 13.4 percent higher as a result of five more eastbound voyages than the prior year; Guam volume was 10.0 percent higher primarily due to higher retail-related demand; and Other containers volume increased 32.5 percent primarily due to the addition of China-Auckland Express volume in the South Pacific.
Ocean Transportation operating income increased $302.1 million during the three months ended March 31, 2022, compared with the three months ended March 31, 2021. The increase was primarily due to considerably higher average freight rates and higher volume in China and a higher contribution from SSAT, partially offset by higher operating costs and expenses primarily due to the CCX and CLX+ services and the timing of fuel-related surcharge recovery.
The Company's SSAT terminal joint venture investment contributed $34.0 million during the three months ended March 31, 2022, compared to a contribution of $9.2 million during the three months ended March 31, 2021. The increase was primarily driven by higher other terminal revenue.
Logistics — Three months ended March 31, 2022 compared with 2021
Logistics revenue increased $70.3 million, or 46.5 percent, during the three months ended March 31, 2022, compared with the three months ended March 31, 2021. The increase was primarily due to higher transportation brokerage and supply chain management revenue.
Logistics operating income increased $10.3 million, or 168.9 percent, for the three months ended March 31, 2022, compared with the three months ended March 31, 2021. The increase was primarily due to higher contributions from all services.
Liquidity, Cash Flows and Capital Allocation
Matson's Cash and Cash Equivalents increased by $110.4 million from $282.4 million at December 31, 2021 to $392.8 million at March 31, 2022. Matson generated net cash from operating activities of $273.9 million during the three months ended March 31, 2022, compared to $122.9 million during the three months ended March 31, 2021. Capital expenditures totaled $37.4 million for the three months ended March 31, 2022, compared with $38.5 million for the three months ended March 31, 2021. Total debt decreased by $14.3 million during the three months to $614.7 million as of March 31, 2022, of which $549.7 million was classified as long-term debt. As of March 31, 2022 Matson had available borrowings under its revolving credit facility of $642.0 million.
During the first quarter 2022, Matson repurchased approximately 0.7 million shares for a total cost of $68.6 million. On January 27, 2022 the Company announced an increase of three million shares in its existing share repurchase program. As of the end of the first quarter 2022, there were approximately 2.8 million shares remaining in the share repurchase program.
As previously announced, Matson's Board of Directors declared a cash dividend of $0.30 per share payable on June 2, 2022 to all shareholders of record as of the close of business on May 12, 2022.
Teleconference and Webcast
A conference call is scheduled on May 3, 2022 at 4:30 p.m. ET when Matt Cox, Chairman and Chief Executive Officer, and Joel Wine, Executive Vice President and Chief Financial Officer, will discuss Matson's first quarter results.
The conference call will be broadcast live along with an additional slide presentation on the Company's website at www.matson.com, under Investors. A replay of the conference call will be available approximately two hours after the call through May 10, 2022 by dialing 1-855-859-2056 or 1-404-537-3406 and using the conference number 3729448. The slides and audio webcast of the conference call will be archived for one full quarter on the Company's website at www.matson.com, under Investors.
About the Company
Founded in 1882, Matson (NYSE: MATX) is a leading provider of ocean transportation and logistics services. Matson provides a vital lifeline to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, and to other island economies in Micronesia. Matson also operates premium, expedited services from China to Long Beach, California, provides service to Okinawa, Japan and various islands in the South Pacific, and operates an international export service from Dutch Harbor to Asia. The Company's fleet of owned and chartered vessels includes containerships, combination container and roll-on/roll-off ships and custom-designed barges. Matson Logistics, established in 1987, extends the geographic reach of Matson's transportation network throughout North America. Its integrated, asset-light logistics services include rail intermodal, highway brokerage, warehousing, freight consolidation, Asia supply chain services, and forwarding to Alaska. Additional information about the Company is available at www.matson.com.
GAAP to Non-GAAP Reconciliation
This press release, the Form 8-K and the information to be discussed in the conference call include non-GAAP measures. While Matson reports financial results in accordance with U.S. generally accepted accounting principles ("GAAP"), the Company also considers other non-GAAP measures to evaluate performance, make day-to-day operating decisions, help investors understand our ability to incur and service debt and to make capital expenditures, and to understand period-over-period operating results separate and apart from items that may, or could, have a disproportional positive or negative impact on results in any particular period. These non-GAAP measures include, but are not limited to, Earnings Before Interest, Income Taxes, Depreciation and Amortization ("EBITDA") and Net Debt.
Forward-Looking Statements
Statements in this news release that are not historical facts are "forward-looking statements," within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation those statements regarding performance and financial results, supply chain challenges in China, actions to mitigate the spread of COVID-19, supply chain constraints and congestion on the U.S. West Coast, consumption trends and consumer spending levels, inventory restocking, duration of current supply and demand factors, demand for Matson's China service, demand for e-commerce, garments and other goods, duration of CCX service, tourism levels, unemployment rates, waves of COVID-19 variants, economic recovery and drivers in Hawaii, Alaska and Guam, import volume into U.S. West Coast, inflation, interest rates, discretionary income, refleeting initiatives, capital expenditures, the costs and timing of liquified natural gas installations on certain vessels, vessel deployments and operating efficiencies, vessel transit times, cargo availability times, labor shortages, labor contract renewals, and higher fuel costs. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statement, including but not limited to risks and uncertainties relating to repeal, substantial amendment or waiver of the Jones Act or its application, or our failure to maintain our status as a United States citizen under the Jones Act; changes in economic conditions or governmental policies, including from the COVID-19 pandemic; our ability to offer a differentiated service in China for which customers are willing to pay a significant premium; new or increased competition or improvements in competitors' service levels; our relationship with customers, agents, vendors and partners and changes in related agreements; fuel prices, our ability to collect fuel related surcharges and/or the cost or limited availability of required fuels; evolving stakeholder expectations related to environmental, social and governance matters; timely or successful completion of fleet upgrade initiatives; the occurrence of poor weather, natural disasters, maritime accidents, spill events and other physical and operating risks, including those arising from climate change; transitional and other risks arising from climate change; the magnitude and timing of the impact of public health crises, including COVID-19; significant operating agreements and leases that may not be replaced on favorable terms; any unanticipated dry-dock or repair expenses; joint venture relationships; conducting business in a foreign shipping market, including the imposition of tariffs or a change in international trade policies; any delays or cost overruns related to the modernization of terminals; war, terrorist attacks or other acts of violence; consummating and integrating acquisitions; freight levels and increasing costs and availability of truck capacity or alternative means of transporting freight; relations with our unions; satisfactory negotiation and renewal of expired collective bargaining agreements without significant disruption to Matson's operations; loss of key personnel or failure to adequately manage human capital; the use of our information technology and communication systems and cybersecurity attacks; changes in our credit profile and our future financial performance; our ability to obtain future debt financings; continuation of the Title XI and CCF programs; costs to comply with and liability related to numerous safety, environmental, and other laws and regulations; and disputes, legal and other proceedings and government inquiries or investigations. These forward-looking statements are not guarantees of future performance. This release should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2021 and our other filings with the SEC through the date of this release, which identify important factors that could affect the forward-looking statements in this release. We do not undertake any obligation to update our forward-looking statements.
MATSON, INC. AND SUBSIDIARIES
Total Debt to Net Debt and Net Income to EBITDA Reconciliations
(Unaudited)
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SOURCE Matson, Inc. | https://www.wibw.com/prnewswire/2022/05/03/matson-inc-announces-first-quarter-2022-results/ | 2022-05-03T21:08:57Z |
ALBANY – Southwest Georgia Public Health will host several WIC Farmer’s Market Nutrition Program events across the region this summer. Each farmer’s market will offer fresh fruits and vegetables to WIC participants.
Participants must bring their WIC ID card to take advantage of the markets. Fresh produce also can be purchased by community members who do not participate in WIC. Supplies are limited, so visitors are encouraged to arrive early.
Georgia Farmer’s Market Nutrition Program opportunities:
-- Lee County Health Department: May 16-19, 9:30 a.m.-3 p.m., 112 Park St., Leesburg;
-- Dougherty County Health Department: May, 23-27, 9:30 a.m.-3 p.m., 1710 S. Slappey Blvd., Albany;
-- Grady County Health Department: June 7-9, 9:30 a.m.-3 p.m., 1030 Fourth St. Southeast, Cairo;
-- Early County Health Department: June 21-23, 9:30 a.m.-3 p.m., 618 S. Flowers Drive, Blakely.
The Office of Nutrition Services provides nutrition education, high-risk nutritional counseling, lactation counseling, and supplemental foods. The Women, Infants, and Children (WIC) program serves women who are pregnant, non-lactating up to six months post-partum lactating up to 12 months post-partum, and infants and children up to 5 years of age who are at nutritional risk.
Stacker looks back at 30 iconic moments in sports that defined the 1960s. These include college basketball dynasties from the state of California, historic home runs that set records and won the World Series, and ingenious high jumpers who changed the way track-and-field sports were performed. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/community/public-health-plans-summer-nutrition-programs/article_b5feee76-d149-11ec-881d-c37d80dda1a5.html | 2022-05-11T18:34:28Z |
- The School of Brand Communications is to provide a cohesive umbrella advancing curricula within the School of Advertising, School of Graphic Design, School of Interaction UX/UI Design, and School of Communications & Media Technologies
- The new school is to be led by industry experts Doug Van Praet and Anna Villano and ensure that skilled creative and digital talent education is in lockstep with the current and future demands of the industry
SAN FRANCISCO, June 20, 2022 /PRNewswire/ -- Academy of Art University today announced the launch of the School of Brand Communications, a consolidation of its School of Advertising, School of Graphic Design, School of Interaction & UX/UI Design, and School of Communications & Media Technologies.
The new School of Brand Communications will look to build upon each of the strong programs it brings together, updating and streamlining curricula and degree pathways and ensuring they collectively meet the transforming industry and set students up for success.
"Our goal is to continuously advance our curriculum to ensure what our students are learning is in lockstep with the current and future demands of the industry," said Dr. Elisa Stephens, President, Academy of Art University. "By consolidating these programs and advancing them under the School of Brand Communications banner, students will be given the key tools they need to thrive in a wide array of creative jobs at leading companies, ad agencies and in their own entrepreneurial endeavors both now and in the future."
The new School of Brand Communications will be led by industry experts Doug Van Praet and Anna Villano, both of whom will be relocating from Los Angeles to take on the Executive Director roles.
Doug is a leading branding expert and industry best-selling author, recognized as a pioneer in human insights and the application of behavioral science to creativity and innovation challenges. He has positioned some of the world's most iconic brands working with advertisers including Volkswagen, P&G, Nike, Johnson & Johnson, GM, AB InBev, Bank of America, Burger King, Dr Pepper, Snapple, Toyota, Lexus, etc. He has held senior management roles at top-tier agencies in Los Angeles and New York and was named a top 10 U.S. branding leader by Superbrands Worldwide. Inc. magazine named his book, 'Unconscious Branding: How Neuroscience Can Empower (and Inspire) Marketing' one of the "Top Ten Marketing Books." Book Authority ranks it the "6th Best Branding Book of All Time".
Anna has spent her career at the forefront of the ad industry's evolution from pre-digital to post-digital working at top-tier agencies such as Deutsch, FCB, and VaynerMedia and campaigns with some of the world's most notable brands including, Volkswagen, Taco Bell, Microsoft, Neutrogena, Unilever, Naked Juice, Sonic Drive-In, Toyota, and P&G.
The consolidation of the School of Advertising, School of Graphic Design, School of Interaction & UX/UI Design, and School of Communications & Media Technologies to build the School of Brand Communications will not impact past, current or future credits, classes, degrees or costs for students. It is, however, expected to significantly enhance students' industry-based skills across disciplines, enhancing portfolios and reels and enabling them to learn directly from brand experts who are actively redefining their industry.
For media enquiries, please contact kate@sjspr.co
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SOURCE Academy of Art University | https://www.mysuncoast.com/prnewswire/2022/06/20/academy-art-university-announces-launch-new-school-brand-communications/ | 2022-06-20T15:43:33Z |
New Link in Bio App Lets Creators Share Videos with Shopping Links
SAN DIEGO, Aug. 30, 2022 /PRNewswire/ -- Koji, the world's most powerful Link in Bio platform and the leading app store for social media, today announced the launch of Video Shopping, a new app that gives creators the ability to earn revenue by sharing links within their video content.
Video Shopping lets creators share shoppable videos where they can showcase and sell products to their audience. With the app, creators can upload and edit videos that they want to show their fans and then tag the video with two annotations that link to different products. Each link tag includes a title, description, thumbnail, and URL for where the item can be purchased. Clicking on a tag reveals more information about the item.
The new app is free to use and available today on the Koji App Store.
Koji is the world's most powerful Link in Bio platform. With hundreds of free apps created by Koji and its community of independent developers, the Koji Link in Bio gives leading Creators on TikTok, Instagram, Twitch, and other social media platforms new ways to engage audiences, connect with supporters, and monetize. Koji launched in March 2021 and has raised $36 million in venture capital.
Sean Thielen
sean@withkoji.com
Video Shopping on the Koji App Store
Video Shopping: How to Turn Your Video Content into Revenue via Your Link in Bio
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SOURCE Koji | https://www.kxii.com/prnewswire/2022/08/30/creator-economy-platform-koji-announces-video-shopping-app/ | 2022-08-30T19:24:33Z |
CHESTERFIELD COUNTY, Va. (WRIC) — More than a dozen people were taken to the hospital after a scary hazmat situation at a neighborhood swimming pool in Chesterfield, Virginia.
Chesterfield Fire and EMS crews responded to a call around 11: 20 a.m. Wednesday saying there was a weird smell coming from the Harpers Mill Pool that began to make kids sick.
Parents whose daughters are lifeguards at the pool told Nexstar’s WRIC that their daughters said they saw children vomiting and complaining of sore throats.
A local pool operator told WRIC that the symptoms are telltale signs of chlorine and acid mixing. The chemicals are used in almost every pool but are only safe if done so correctly. The operator said the rare but very serious occurrence can happen as the result of a pump malfunction, leaving victims to breathe in the toxic gas produced from the mix.
WRIC also spoke with a mother, who asked to remain unnamed, who said she was at the pool with five of her kids – aged eight, seven, five, and two years old, and was holding her four-month-old – when they inhaled a “powdery substance” and started choking. The mother said she and her five children went to Chippenham Hospital for treatment, and then returned home.
While on the phone, the mother could be heard still coughing, hours after the incident.
Crews said around 25 to 35 children and adults had to be decontaminated Wednesday, and were sprayed down with water to ensure no chemicals had been found on their bodies. Some people had their blood pressure taken and breathing checked as a safety precaution.
Lt. Kenny Mitchell of Chesterfield Fire said most of the complaints were coughing and nausea.
A total of 15 children and one adult were hospitalized with non-life-threatening injuries.
Mitchell said incidents like this tend to occur during this time of the year, towards the beginning of pool season.
“This is pretty common in the summertime with pool chemicals,” Mitchell said. “This time of the year people are mixing chemicals at their homes. This happens a lot at homes as well.”
Mitchell said he has seen chemical mixtures cause this sort of disruption before, but it’s hard to tell at this time what caused the chemical issue. Crews plan to continue the investigation.
Aerials of Chesterfield pool hazmat incident by Forrest Shelor/WRIC Aerials of Chesterfield pool hazmat incident by Forrest Shelor/WRIC Aerials of Chesterfield pool hazmat incident by Forrest Shelor/WRIC
Pool management said they plan to do a second assessment of the pool chemicals – separate from those conducted by emergency crews – to make sure there are no more issues.
Management has not set a specific timetable for when the pool will reopen. | https://cw33.com/news/nexstar-media-wire/hazmat-situation-at-pool-sends-16-to-the-hospital-in-virginia/ | 2022-06-16T19:02:06Z |
A gunman who killed two people and injured five others -- including two police officers -- in Phoenix Sunday was armed with a semi-automatic rifle and wearing tactical gear, according to police.
The shooter, who police said appears to have died by suicide, was also found with several magazines, incendiary devices, a gas mask and helmet, the Phoenix Police Department said in a news release, adding surveillance footage shows the gunman throwing a Molotov cocktail at a restaurant window, though it failed to ignite.
The suspect has yet to be positively identified, police said, and authorities have not named the victims. Of the two killed, one was an adult man and the other an adult woman, the release said. Both police officers suffered non-life-threatening injuries, as did three other bystanders, all of whom are adult men.
One of the officers remains hospitalized, but the other injured victims have since been released.
Phoenix officers responded to a call about shots fired in an area near several businesses along West Deer Valley Road Sunday evening, around 8:30 p.m. local time, the news release said. As officers arrived, the shooter "immediately opened fire on several fully marked" patrol vehicles, leaving four "riddled with bullets."
One officer was shot in the shoulder while the other was struck by shrapnel, the release said. The former managed to exit his vehicle and fire toward the suspect before other officers helped remove him from the scene so he could receive medical attention. More officers evacuated businesses in the area, the release said, taking bystanders to safety. But at some point during the shooting, the three others bystanders were wounded.
The early investigation indicates the "shooting spree" began at a local motel, where surveillance video shows the gunman leaving a room before opening fire, the release said.
"The suspect is seen firing his rifle into the motel then turning the rifle on a car pulling into the parking lot," it said, killing two people inside. The shooter is then seen throwing the Molotov cocktail around the time officers arrived, per police.
According to the surveillance footage, the gunman is seen "making his way through the parking lot and then falling to the ground." While it appears the gunman took his own life, it will be up to the Maricopa County Medical Examiner to determine an official manner of death, police said.
The shooting remains under investigation, and authorities aim to search a nearby motel room but are waiting for a search warrant, the release said.
Phoenix Police Chief Jeri Williams condemned the shooting in a news conference late Sunday night, calling it "another example of gun violence in our community."
"How many more officers have to be shot? How many more community members have to be killed before those in our community take a stand? This is not a Phoenix police issue; this is a community issue," Williams said. "If not now, when?"
Stacker surveyed TV history and chose 15 of the best series that illuminate the interactions and intricacies of college life, using data from IMDb. Click for more.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
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that is degrading to another person. Be Proactive. Use the 'Report' link on
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accounts, the history behind an article. | https://www.albanyherald.com/news/a-gunman-clad-in-tactical-gear-and-armed-with-a-semi-automatic-rifle-killed-2/article_e6a5a5a2-f8ad-59bc-bf23-7e5001affc3b.html | 2022-08-29T20:21:26Z |
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