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OCRACOKE, N.C., May 25, 2022 /PRNewswire/ -- The lifeguarded beach at Ocracoke, the barrier island famous for its Blackbeard connection, returns to the top of Dr. Beach's list of 10 Best Beaches in America, a pinnacle it first reached in 2007. Dr. Stephen Leatherman (aka Dr. Beach) officially revealed the 2022 selection today at a gathering on the island.
"Ocracoke has what people are looking for," Leatherman said. "It has beautiful sand, soft light, and the water's clean and clear. The temperature's in the 70s today, beach-type weather, no jellyfish, no seaweed. Then it has a quaint little village with B&Bs and small, wonderful restaurants."
Also returning to the list at No. 6: Old Lighthouse Beach at Buxton, the former location of the Cape Hatteras Lighthouse. The Buxton and Ocracoke beaches are part of the 75-mile Cape Hatteras National Seashore.
Surrounded by the Atlantic and the Pamlico Sound, Ocracoke lies 26 miles from the mainland. Accessible by air and ferry, it boasts 16 miles of pristine coastline, including the lifeguarded Ocracoke Beach near the village. The island beguiles with its untamed beauty, colorful history, fresh catch, and singular inns and shops.
"Islanders refer to the experience here as an 'Ocracoma,' ˮ said Wit Tuttell, executive director of Visit North Carolina, which organized the gathering with Ocracoke Township Tourism Development Authority. "It's a state of mind removed from the concerns and trappings of your elsewhere life, and if you're lucky, it will stick with you once you return to the mainland. By the way, Howard's Pub serves a rum drink called the Ocracoma if anyone wants to get there faster."
Leatherman, who grew up in Charlotte and earned a geosciences degree from N.C. State University, rates 650 public beaches on 50 criteria, including beach width at low tide, water and sand quality, wildlife, cleanliness and public safety. A professor and director of Florida International University's Laboratory for Coastal Research, he awards bonus points for a smoking prohibition, which weighs in favor of the Cape Hatteras National Seashore beaches.
A favorite getaway
Leatherman frequently refers to Ocracoke as his favorite getaway beach. There's virtually nothing but nature to the north or south of the village that surrounds Silver Lake, a clam-shaped harbor on the Pamlico Sound. Discovering the island's spirits, secrets and singular stories magnifies the rewards of a visit. Points of interest:
- The Ocracoke Lighthouse, the nation's second oldest, which casts a beam that's visible from 14 miles at sea. The 75-foot tower, which celebrates its 200th birthday in 2023, is a picturesque centerpiece for an island walking tour.
- The pony pens, housing a once-wild herd believed to be descended from Colonial Spanish mustangs brought here by Sir Richard Grenville, whose ship ran aground at Ocracoke in 1585. The horses are now protected by the National Park Service.
- The British Cemetery, the final resting place for four British seamen killed while defending the U.S. coast from German U-boats in 1941. A memorial service is held there every year in early May.
Springer's Point Preserve merits special notice as Blackbeard's stomping grounds. On Nov. 22, 1718, Royal Navy Lt. Robert Maynard engaged with the pirate in a duel to the death and departed the island with Blackbeard's head attached to his bowsprit. The mile-long trail through 120-acre expanse of maritime forest, salt marsh and sound-front beach is also notable for the grave of island resident Sam Jones, entombed next to equine companion Ikey D in ready-to-mount position.
"It's impossible to shake Blackbeard's presence at Springer's Point and his legacy elsewhere on the island," Tuttell said. "Blackbeard's Lodge, 1718 Brewing and other places invoke real pirate history. It's surprising how many residents trace their family line to William Howard, who served as Blackbeard's quartermaster and owned the island for a time."
Four N.C. Ferry Service routes serve Ocracoke-bound travelers. The Ocracoke Express, a 70-minute passenger-only ferry, runs seasonally from Hatteras to a terminal on Silver Lake. To get around, travelers can bring or rent bikes, book a golf cart, board the free Ocracoke Village Tram or explore on foot. Vehicle ferries run from Cedar Island (2¼ hours) and Swan Quarter (2¾ hours) to the Silver Lake terminal and from Hatteras to a northern terminal (1 hour).
Buxton and beyond
The Old Lighthouse Beach at Buxton consistently finds favor with Leatherman.
"This lifeguarded beach is the No. 1 surfing spot on the U. S. Atlantic Coast," Leatherman says. He also enjoys strolling at Cape Point, Cape Hatteras' easternmost elbow of land, "where a long sand spit often exists, making one feel somewhat like Moses because the waves are coming from both directions as you walk along this narrow string of sand in the ocean."
Dr. Beach's list began in 1991 as a Top 50 selection that included Ocracoke at No. 17. The island's steady ascent led to the summit in 2007, when it became the first beach outside of Hawaii and Florida to make it to the top. No other beach outside those states has earned the crown twice.
Leatherman's original list included three other remote North Carolina beaches: Hammocks Beach near Swansboro (No. 30); Bald Head Island at the state's southernmost tip (No. 44); and Portsmouth Island at Cape Lookout National Seashore (No. 46).
North Carolina owes its coastal wealth to 320 miles along the Atlantic plus the shores of eight sounds, whose shallow waters lie between the fragile barrier islands and the mainland.
"Instead of an oceanfront lined by high-rise hotels, North Carolina has dunes topped by sea oats, which beautifully frame the sight of the sea," Tuttell said. "Hurricanes leave their mark, but our resilient communities have drawn on time-honored ways to restore what makes our coast so precious."
To enlist travelers in sustainable enjoyment of natural spaces, Visit NC has created Outdoor NC in partnership with the Leave No Trace Center for Outdoor Ethics and the N.C. Outdoor Recreation Industry Office. The initiative's seven principles, which address safety and courtesy as well as protecting the environment, carry special considerations for the coast.
"Coastal destinations have joined the cause, which the National Park Service supports through its own relationship with Leave No Trace," Tuttell said. "As we celebrate the attention Dr. Leatherman brings to Ocracoke and Old Lighthouse Beach, we're eager to protect the essence of what makes the North Carolina coast so special."
For more about planning a North Carolina getaway, head to VisitNC.com.
Resources:
- Facts about North Carolina beaches.
- Routes to Ocracoke via the N.C. Ferry System, celebrating its 75th anniversary.
- Visual assets.
About Visit North Carolina:
Visit North Carolina is part of the Economic Development Partnership of North Carolina. Established in 2014, the EDPNC is a 501(c)(3) nonprofit corporation that oversees the state's efforts in business and job recruitment and retention, international trade, and tourism, film and sports development. The mission of Visit North Carolina is to unify and lead the state in developing North Carolina as a major destination for leisure travel, group tours, meetings and conventions, sports events and film production. For more information on North Carolina's destinations and travel assets, go to VisitNC.com.
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SOURCE Visit North Carolina | https://www.mysuncoast.com/prnewswire/2022/05/25/ocracoke-returns-top-best-beaches-list/ | 2022-05-25T11:36:34Z |
‘Magic mushroom’ psychedelic may help heavy drinkers quit
(AP) - The compound in psychedelic mushrooms helped heavy drinkers cut back or quit entirely in the most rigorous test of psilocybin for alcoholism.
More research is needed to see if the effect lasts and whether it works in a larger study. Many who took a dummy drug instead of psilocybin also succeeded in drinking less, likely because all study participants were highly motivated and received talk therapy.
Psilocybin, found in several species of mushrooms, can cause hours of vivid hallucinations. Indigenous people have used it in healing rituals and scientists are exploring whether it can ease depression or help longtime smokers quit. It’s illegal in the U.S., though Oregon and several cities have decriminalized it. Starting next year, Oregon will allow its supervised use by licensed facilitators.
The new research, published Wednesday in JAMA Psychiatry, is “the first modern, rigorous, controlled trial” of whether it can also help people struggling with alcohol, said Fred Barrett, a Johns Hopkins University neuroscientist who wasn’t involved in the study.
In the study, 93 patients took a capsule containing psilocybin or a dummy medicine, lay on a couch, their eyes covered, and listened to recorded music through headphones. They received two such sessions, one month apart, and 12 sessions of talk therapy.
During the eight months after their first dosing session, patients taking psilocybin did better than the other group, drinking heavily on about 1 in 10 days on average vs. about 1 in 4 days for the dummy pill group. Almost half who took psilocybin stopped drinking entirely compared with 24% of the control group.
Only three conventional drugs — disulfiram, naltrexone and acamprosate — are approved to treat alcohol use disorder and there’s been no new drug approvals in nearly 20 years.
While it’s not known exactly how psilocybin works in the brain, researchers believe it increases connections and, at least temporarily, changes the way the brain organizes itself.
“More parts of the brain are talking to more parts of the brain,” said Dr. Michael Bogenschutz, director of the NYU Langone Center for Psychedelic Medicine, who led the research.
Less is known about how enduring those new connections might be. In theory, combined with talk therapy, people might be able to break bad habits and adopt new attitudes more easily.
“There’s a possibility of really shifting in a relatively permanent way the functional organization of the brain,” Bogenschutz said.
Patients described life-changing insights that gave them lasting inspiration, Bogenschutz said.
Mary Beth Orr, 69, of Burien, Washington, said her psilocybin-induced hallucinations — flying over breathtaking landscapes and merging telepathically with creative people throughout history — taught her she wasn’t alone.
Before enrolling in the study in 2018, Orr had five or six drinks every evening and more on weekends.
“The quantity was unacceptable and yet I couldn’t stop,” she said. “There was no off switch that I could access.”
During her first psilocybin experience, she saw a vision of her late father, who gave her a pair of eagle eyes and said, “Go.” She told the therapists monitoring her: “These eagle eyes can’t see God’s face, but they know where it is.”
She stopped drinking entirely for two years, and now has an occasional glass of wine. More than the talk therapy, she credits psilocybin.
“It made alcohol irrelevant and uninteresting to me,” Orr said. Now, “I am tethered to my children and my loved ones in a way that just precludes the desire to be alone with alcohol.”
Patients receiving psilocybin had more headaches, nausea and anxiety than those getting the dummy drug. One person reported thoughts of suicide during a psilocybin session.
In an experiment like this, it’s important that patients don’t know or guess if they got the psilocybin or the dummy drug. To try to achieve this, the researchers chose a generic antihistamine with some psychoactive effects as the placebo.
Still, most patients in the study correctly guessed whether they got the psilocybin or the dummy pill.
Paul Mavis couldn’t guess. The 61-year-old from Wilton, Connecticut, got the placebo, but still quit drinking. For one thing, the talk therapy helped, suggesting to him that his emotional life stalled at age 15 when he started drinking to feel numb.
And he described a life-changing moment during a session where he was taking the dummy drug: He imagined the death of a loved one. Suddenly, an intense, incapacitating grief overcame him.
“I was crying, which isn’t typical for me. I was sweating. I was bereft,” he said. “As I’m trying to reconcile this grief, like, why am I feeling this?
“Instantly, I thought, ‘Drinking equals death.’” He said he hasn’t had a drink since.
Dr. Mark Willenbring, former director of treatment research at the National Institute for Alcohol Abuse and Alcoholism, said more research is needed before psilocybin can be considered an effective addition to talk therapy. He noted that talking with a therapist helped both groups — those who got psilocybin and those who didn’t — and the added benefit of psilocybin appeared to wear off over time.
“It’s tantalizing, absolutely,” Willenbring said. “Is more research required? Yes. Is it ready for prime time? No.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/25/magic-mushroom-psychedelic-may-help-heavy-drinkers-quit/ | 2022-08-25T15:36:43Z |
HELSINKI, July 14, 2022 /PRNewswire/ -- Nanoform Finland Plc., an innovative nanoparticle medicine-enabling company, today announced that it has partnered with Pharmanovia, a fast-growing specialty pharma business with a portfolio of over 20 branded drugs in 140 markets.
The new strategic partnership aims to add value to branded prescription medicines. Pharmanovia will look to apply Nanoform's proprietary nanoparticle technologies and formulation know-how to leading established pharmaceutical brands.
The partnership starts with an iconic branded medicine where both parties see value in enhancing bioavailability for patient benefit. The value of the stage-gated agreement is according to Nanoform's business model for non-GMP and cGMP work.
"This partnership is a great example of where the power of small can add value for iconic medicines to make them even more effective. Pharmanovia's business model enables brand loyalty to continue from one generation to the next," said Christian Jones, Chief Commercial Officer of Nanoform.
For further information, please contact:
Christian Jones, CCO
Christian.jones@nanoform.com / +44 7804 474771
For investor relations queries, please contact:
Henri von Haartman, Director of Investor Relations
hvh@nanoform.com / +46 7686 650 11
About Nanoform
Nanoform is an innovative nanoparticle medicine enabling company. Nanoform works together with pharma and biotech partners globally to provide hope for patients in developing new and improved medicines utilizing Nanoform's platform technologies. The company focuses on reducing clinical attrition and on enhancing drug molecules' performance through its nanoforming technologies and formulation services. Nanoform's capabilities include GMP manufacturing, and its services span the small to large molecule development space with a focus on solving key issues in drug solubility and bioavailability and on enabling novel drug delivery applications. Nanoform's shares are listed on the Premier-segment of Nasdaq First North Growth Market in Helsinki (ticker: NANOFH) and Stockholm (ticker: NANOFS). Certified Adviser: Danske Bank A/S, Finland Branch, +358 40 744 1900. For more information, please visit http://www.nanoform.com
Forward-Looking Statements
This company release contains forward-looking statements, including, without limitation, statements regarding Nanoform's strategy, business plans and focus. The words may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," believe," "estimate," "predict," "project," "potential," "continue," "target" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this company release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this company release, including, without limitation, any related to Nanoform's business, operations, clinical trials, supply chain, strategy, goals and anticipated timelines and competition from other companies. Nanoform cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. Nanoform disclaims any obligation to publicly update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements. Any forward-looking statements contained in this company release represent Nanoform's views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date.
This information was brought to you by Cision http://news.cision.com
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SOURCE Nanoform | https://www.wibw.com/prnewswire/2022/07/14/nanoform-pharmanovia-breathe-new-life-into-iconic-medicines/ | 2022-07-14T06:50:26Z |
NEW YORK, July 20, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of LMP Automotive Holdings, Inc. (NASDAQ: LMPX) between June 29, 2021 and May 19, 2022, both dates inclusive (the "Class Period") of the important July 26, 2022 lead plaintiff deadline.
SO WHAT: If you purchased LMP 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 LMP class action, go to https://rosenlegal.com/submit-form/?case_id=6635 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 26, 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) LMP engaged in the improper identification and elimination of intercompany transactions; (2) LMP used incorrect estimates for chargeback reserves for finance and insurance products; (3) LMP had misclassified certain items in its financial statements which impacting balance sheet and income statement financial statement captions; (4) there were material weaknesses in LMP's internal control over financial reporting; (5) as a result of the foregoing, LMP overstated its revenue; (6) as a result of the foregoing, LMP would restate certain of its previously issued financial statements and results; and (7) as a result of the foregoing, defendants' positive statements about LMP'S business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the LMP class action, go to https://rosenlegal.com/submit-form/?case_id=6635 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/07/20/lmpx-final-deadline-alert-rosen-leading-investor-rights-law-firm-encourages-lmp-automotive-holdings-inc-investors-with-losses-secure-counsel-before-important-july-26-deadline-securities-class-action-lmpx/ | 2022-07-20T21:40:33Z |
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TMC Medical Minutes-Diet And Congestive Heart Failure
TMC Medical Minutes-Diet And Congestive Heart Failure
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DALLAS, Sept. 1, 2022 /PRNewswire/ -- Lennox International Inc. (NYSE: LII) today announced that CEO Alok Maskara and CFO Joe Reitmeier are scheduled to present at the Vertical Research Partners 13th Annual Global Industrials Conference on Thursday, September 8. Presentation materials can be accessed on the company's website at www.lennoxinternational.com.
About Lennox International
Lennox International Inc. is a global leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Lennox International stock is listed on the New York Stock Exchange and traded under the symbol LII. Additional information on Lennox International is available at www.lennoxinternational.com or by contacting Steve Harrison, Vice President, Investor Relations, at 972-497-6670.
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SOURCE Lennox International Inc. | https://www.kxii.com/prnewswire/2022/09/01/lennox-international-present-vertical-research-partners-13th-annual-global-industrials-conference-westbrook-connecticut/ | 2022-09-01T14:09:48Z |
BOSTON, Aug. 8, 2022 /PRNewswire/ -- Remedium Bio, a biotechnology company developing a lead candidate disease modifying treatment for Osteoarthritis (OA), today announced the acceptance of an abstract entitled "Characterization of a Novel FGF18 Gene Therapy for the Treatment of Osteoarthritis" for the 2022 Annual American Society of Bone and Mineral Research (ASBMR) meeting. This year's ASBMR will take place in Austin Texas on September 9th through 12th as an in-person live event. The work presented will highlight Remedium's progress in the development of a novel gene therapy for the treatment of OA, which is the only single-injection treatment potentially capable of reversing cartilage loss in OA, based on the clinically proven mechanism of FGF18. The American Society for Bone and Mineral Research is a professional, scientific, and medical society established in 1977 with a current membership of over 4,000 worldwide scientists and clinical researchers representing the fields of orthopedics, rheumatology, and pharmacology.
"We are honored to have been accepted to present our abstract reviewing the progress made to date in the development of our FGF18 gene therapy treatment for Osteoarthritis at the 2022 ASBMR" said Frank Luppino, President and CEO of Remedium, "We have been additionally invited to present a plenary poster on the first day of the event and are looking forward to sharing our findings at this prestigious forum".
Remedium Bio, Inc. is a preclinical-stage biotechnology company developing novel gene therapies for a broad range of highly debilitating diseases. The company's R&D approach focuses on modularly combining proven technologies to treat well-characterized disease pathology streamlining and de-risking elements of the product development process. Remedium's pipeline includes a lead candidate first-in-class, single-injection, potentially disease-modifying gene therapy treatment for Osteoarthritis and gene therapy treatments for the management of Diabetes.
To learn more, visit www.remedium-bio.com.
Contact Remedium: info@remedium-bio.com
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SOURCE Remedium Bio, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/08/remedium-announces-abstract-acceptance-american-society-bone-mineral-research-asbmr/ | 2022-08-08T13:21:11Z |
Taps Company Veteran, Julie Mueller, as Campus President
AUSTIN, Texas, May 17, 2022 /PRNewswire/ -- Yesterday, Universal Technical Institute's (UTI) Austin Campus opened its doors to students. As the third UTI school in Texas, the opening of UTI-Austin is part of UTI's ongoing growth and diversification strategy to broaden the reach of its skilled trade programs to high demand geographies. Located in North Austin, the 101,315 square foot facility is designed with an innovative footprint that is fully optimized around UTI's blended learning model and includes 8 classrooms, 6 classroom/labs and 7 individual laboratories.
"UTI's disciplined execution of our growth strategy includes expanding access to our industry-aligned curriculum through organic and inorganic opportunities," said Jerome A. Grant, CEO of UTI. "Adding a third campus in Texas offers additional training opportunities for those living in the southwest and helps meet the needs of local employers for trained technicians."
Last year, UTI veteran, Julie Mueller, was selected as the campus president and has led the planning process since then. Mueller has been with UTI for nearly 24 years, most recently as the campus president at UTI-Lisle in Illinois. She is one of five female UTI campus presidents.
"With industries like transportation, manufacturing and construction within the state of Texas, Austin is a vibrant and growing metropolitan area filled with employment opportunities for graduates in skilled trades and therefore well-suited for UTI as it expands its footprint in Texas," stated Mueller. "We are eager to offer students from around the region the opportunity to train at our campus near their homes and families."
Mueller's vision for UTI-Austin is to develop another campus of excellence with a positive and engaging culture. UTI-Austin's initial curriculum offerings will include it's Automotive, Diesel and Welding Technology programs with capacity for additional programs to be added in the future. Key Austin area employers already signed up for UTI's Early Employment Program are Austin Infiniti, Hertz®, ITP® (Inland Truck Parts & Service), Covert Auto Group, Penske Automotive, Sewell Automotive Companies, and Sunstate Equipment Company.
"As a longtime partner of UTI with many graduates employed in our Service Department, we at Austin Infiniti were very excited about the opening of the Austin campus," commented Mark Bailey, fixed operations director, Austin Infiniti. "We look forward to having this partnership become even stronger with our participation in the Early Employment Program, giving us the opportunity to support tomorrow's technicians today."
"Inland Truck Parts and Service is proud to be in partnership with UTI to ensure the future of our industry's skilled technicians. Attracting new talent to the field of Diesel Mechanics will benefit us for years to come," stated Darren McInvale, general manager, Inland Truck Parts and Service. "The early employment opportunity program is just one example of how this partnership will benefit us. We are committed to investing in the education, training, and placement of people with the motivation to learn this exciting field of work."
VP of North America Maintenance at Hertz, Michael Severance stated "Hertz is excited to continue participating in the Early Employment Program at the UTI-Austin campus. Bringing on students who are excited to learn and grow in the automotive field into our employee-driven culture at Hertz has been a recipe for success. UTI provides a clear path to success for their students both while in school and after graduation. We look forward to continuing to be a part of their student-to-employee journey."
"Covert Auto Group is honored to be teaming up with UTI-Austin to help further the education of local students in their journeys to become certified technicians. The Covert family greatly recognizes the importance of this program, as it helps students along their path to becoming successful employees," remarked Stephen Hamilton, assistant general manager at Covert Auto Group. "The Covert family has always supported local businesses by shopping locally, employing local companies, vendors, and people to better serve, not just our community, but also our customers. As the largest locally owned group of dealerships in the Austin area, the Coverts are grateful to be participating with the career advancement of students/technicians in our area. This will greatly benefit our amazing community by providing quality technicians to help us better serve our customers."
"Sunstate Equipment, a leader in the rental equipment industry, has a strong partnership with UTI. We value the relationship and experience UTI provides to their students and our future employees," mentioned Josh Duncan, regional people services manager at Sunstate Equipment. "Sunstate values the early employment program at UTI, as it gives students a chance to earn on the job experience with a company that values their knowledge and skill set and looks to grow future mechanics/technicians."
"Sewell Automotive Companies is proud to partner with the new UTI-Austin campus. The UTI Early Employment Program is an important part of Sewell's recruitment program, giving students the opportunity to gain valuable experience before they graduate. At Sewell, technicians are part of a team that challenges them to be the best. Our company hires many UTI graduates each year and we are pleased to offer competitive starting compensation, continuous education, paid certification, and training opportunities," said Darrell Sulak, regional service operations director at Sewell Automotive Companies. "We look forward to working with UTI-Austin students at our 18 dealerships in Texas, including Sewell Jaguar Land Rover North Austin, which is located near the new UTI-Austin campus."
To learn more about UTI-Austin, visit the campus page or, request information today. For more information on UTI's growth and diversification strategy, see the most recent presentation on its investor relations website.
About Universal Technical Institute
Founded in 1965 and headquartered in Phoenix, Universal Technical Institute's (NYSE: UTI) mission is to serve our students, partners, and communities by providing quality education and support services for in-demand careers. More than 250,000 students have graduated from one of UTI's 15 campuses located across Arizona, California, Florida, Illinois, Michigan, North Carolina, Pennsylvania, New Jersey, and Texas. UTI's campuses are accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC), while its employer-aligned technical training programs are offered under four brands: Universal Technical Institute, Motorcycle Mechanics Institute / Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology. For more information and a complete list of all programs offered, please visit www.uti.edu or follow on LinkedIn @UniversalTechnicalInstitute or Twitter at @news_UTI.
Media Contact
Alanna Vitucci
avitucci@uti.edu
480-710-6843
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SOURCE Universal Technical Institute, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/17/universal-technical-institute-celebrates-opening-austin-campus/ | 2022-05-17T14:45:06Z |
"Moo"dia Advisory: Moo Moo Express to Celebrate Grand Opening of Second Grove City Location with Free Crème De La Crème VIP Car Washes July 29 through August 7, 2022
Published: Jul. 27, 2022 at 11:56 AM EDT|Updated: 55 minutes ago
Customers Encouraged to Bring a Monetary Donation for The Marcus Project
COLUMBUS, Ohio, July 27, 2022 /PRNewswire/ --
About Moo Moo Express Car Wash:
Founded in 2008, Moo Moo Express Car Wash is Central Ohio's award-winning, premier express car wash with 24 locations and growing. The Moo's fast, high-quality, and environmentally friendly car washes are 100% satisfaction guaranteed, and the Unlimited Wash Club, starting at $15.99 a month per vehicle, offers unlimited car washes at any Moo location. Home-grown and operated, Moo Moo Express is part of the Express Wash Concepts family of express car wash brands, and proud to be an avid supporter of the Central Ohio community. For more information, locations and hours, visit www.moomoocarwash.com.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/27/moodia-advisory-moo-moo-express-celebrate-grand-opening-second-grove-city-location-with-free-crme-de-la-crme-vip-car-washes-july-29-through-august-7-2022/ | 2022-07-27T16:51:36Z |
Konza Prairie unlocks secrets of grassland plants with help of bison, cattle
MANHATTAN, Kan. (WIBW) - The Konza Prairie has unlocked some of the hidden secrets of grassland plants thanks to the help of bison, some cattle and K-State researchers.
Kansas State University says one of its studies has found that the reintroduction of bison - a formerly dominant grazer - doubles plant diversity in a tallgrass prairie. It said the research involve more than 30 years of data collected at the Konza Prairie Biological Station and was recently published in the journal Proceedings of the National Academy of Science.
K-State noted that the study found those plant communities were also resilient to the most extreme drought in four decades. It said these gains are now among the largest recorded increases in species richness due to grazing in grasslands globally.
“Bison were an integral part of North American grasslands before they were abruptly removed from over 99% of the Great Plains,” said Zak Ratajczak, assistant professor of biology and lead researcher. “This removal of bison occurred before quantitative records and therefore, the effects of their removal are largely unknown.”
The University indicated that the study was held in the Flint Hills ecoregion - the largest remaining landscape of tallgrass prairie. It said researchers examined plant community composition and diversity in three treatments that were meant to capture characteristic management regimes: no mega-grazers were present, bison were reintroduced and allowed to graze year-round, or domestic cattle were introduced and allowed to graze during the growing season.
“Our results suggest that many grasslands in the central Great Plains have substantially lower plant biodiversity than would have occurred before bison were widely wiped out,” Ratajczak said. “Returning or ‘rewilding’ native megafauna could help to restore grassland biodiversity.”
Researchers also said the study found that cattle had a positive impact on plant diversity compared to no large grazers. However, increases in plant species richness were significantly smaller than those caused by bison.
“I think this study also shows that cattle can have a largely positive impact on biodiversity conservation in our region, especially considering that many in cattle production conduct the prescribed fires that have kept these grasslands from becoming woodlands,” Ratajczak said. “What this study really suggests is that when it’s economically and ecologically feasible, reintroducing bison might have an even more positive effect on biodiversity conservation.”
Along with addressing land use, K-State said researchers also set out to learn how bison affect plant community resilience to climate extremes. Due to the long duration of the study, researchers were able to capture one of the most extreme drought events in the Great Plains since the Dust Bowl.
Researchers said they found that after the climate extreme, native plant species in the bison-grazed area were resilient to drought.
“The resilience we found in the bison grasslands is also consistent with the idea that diversity promotes ecological resilience,” Ratajczak said. “And this resilience will only become more important if our climate becomes more extreme.”
K-State noted that other researchers on the project include: Jesse Nippert, professor; John Blair, university distinguished professor; Allison Louthan, assistant professor; and Jeffrey Taylor, research assistant, all from the Division of Biology in the College of Arts and Sciences. Additional collaborators include Scott Collins, University of New Mexico; Sally Koerner, University of North Carolina; and Melinda Smith, Colorado State University.
“Some of the most meaningful ecological trends take decades to unfold, and we can only identify them using long-term records like those supported by the NSF LTER program,” Nippert said. “Without this type of data, fundamental properties of ecosystems may go unnoticed using only short-term experiments.”
According to the University, a series of six grants which totaled more than $31.6 million since 1980 from the National Science Foundation funded the study which was part of the NSF Long-Term Ecological Research program.
“The research done at the Konza Prairie is truly unique and impressive, " said David Rosowsky, K-State vice president for research. “There are very few locations in the world that can provide this type of long-term data that can have such a strong impact on how we interact with our natural resources.”
K-State noted that the Konza Prairie Biological Station is jointly owned by it and The Nature Conservancy.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/30/konza-prairie-unlocks-secrets-grassland-plants-with-help-bison-cattle/ | 2022-08-30T14:20:11Z |
FOREST HILL, Md., July 12, 2022 /PRNewswire/ -- Cadmium has confirmed that Artesha Moore, FASAE, CAE, president and CEO of Association Forum, will deliver the keynote address at their annual conference, Cadmium Spark. The address, which will explore the future of associations and other content-driven organizations, is scheduled for Monday, July 25, 2022, from 4:00 PM to 5:00 PM EDT, at Nationals Park in Washington, D.C.
Moore brings with her more than 20 years of association management, including healthcare, engineering, and scientific research institutions. Her recent accomplishments include being selected as an ASAE Fellow and serving as a member of ASAE's Foresight Works Advisory Group. She has served as president and CEO of Association Forum since February 14, 2022.
"We're delighted that Artesha Moore will deliver the keynote address at our annual conference," says Cristyn Johnson, Director of Education and Engagement at Cadmium. "Moore is among the most inspirational leaders in the association space, and we look forward to the insights she will provide to Cadmium Spark attendees."
Entitled "Looking Ahead at the Future of Associations," Moore's keynote address will propose solutions for the challenges currently facing content-driven organizations. These challenges include shifts in funding priorities, a drive for increased transparency, and rapid changes in technology.
Cadmium Spark marks the company's second annual conference since it was formed through the acquisition and merger of five leading software providers in the events, learning, and video technology industry. The conference will provide priceless educational and networking opportunities for users of Cadmium products and other industry professionals.
Select sessions at Cadmium Spark have been approved by the Events Industry Council (EIC) as qualifying for CMP continuing education credit. Interested individuals can explore the schedule or register here. For more information on CMP credits, including a listing of all qualified sessions, click here.
About Cadmium
Cadmium simplifies the production of live, hybrid and virtual events and maximizes the value of online learning with a single, flexible platform designed to capture the chemistry of people, ideas and knowledge. The company's software products are trusted by more than 1000 content-driven organizations worldwide to generate revenue, drive customer retention, and lower operational costs for their events and education initiatives. For more information, visit https://gocadmium.com.
Contact:
Jessie Reyes | Cadmium
jessie.reyes@gocadmium.com
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SOURCE Cadmium | https://www.wibw.com/prnewswire/2022/07/12/artesha-moore-deliver-keynote-address-cadmium-spark/ | 2022-07-12T18:05:35Z |
Brevan Electronics is once again recognized on both Electronics Sourcing and SourceToday's Top 50 Electronics Distributors lists.
NASHUA, N.H., June 8, 2022 /PRNewswire/ -- Brevan Electronics, a leading authorized distributor with over 39 years of exceptional service and delivery, today announced its continued achievement as a top distributor in electronic component distribution by SourceToday and Electronics Sourcing.
"We are proud to be recognized as a top distributor in our space," said Aaron Dufoe, President, Brevan Electronics, "2021 was a challenging year in supply chain distribution, and Brevan Electronics was able to provide world-class service to our customers by offering collaborative and tailormade solutions in this shortage market."
Brevan secured #36 on Electronics Sourcing's Top 50 North America Distributors Report and moved up to #40 on SourceToday's Top 50 Electronics Distributors list. In addition, Brevan Electronics is recognized as #6 on the 2022 Top 10 Distributors by Sales Growth ranking.
"Brevan's success is built on superior customer service," said Michael O'Brien, Director of Sales, Brevan Electronics, "our customers want a personalized relationship that is more than just digital. In 2021, we expanded our team to give our trusted supplier partners extra support during this time of tremendous demand."
Brevan's success is also built on its strategic partnership with #3 independent distributor NewPower Worldwide, a leading independent distributor of electronic components and finished goods. Utilizing NewPower's strategic global sourcing, and cloud-based sourcing technology, EMPOWER™, Brevan can provide its customers with alternative supply chain solutions, including purchasing assistance, inventory management, obsolescence solutions and more. In addition to ongoing business expansion, Brevan remains committed to its employees and recognizes their successes and commitment.
For over 39 years, Brevan Electronics has been a trusted partner and supplier for OEMs and customers worldwide. Brevan is a diverse supplier with a commitment to quality and world-class customer service. Access to global inventory, innovative products, and powerful brands has made Brevan one of the fastest-growing authorized distributors. Brevan Electronics is a privately held company based in Nashua, NH. For more information, visit www.brevan.com
Media Contact: Cristina Adair | O: (603) 865-1916, cristina.adair@brevan.com
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SOURCE Brevan Electronics | https://www.wibw.com/prnewswire/2022/06/08/brevan-electronics-is-named-top-50-global-electronics-distributor/ | 2022-06-08T14:38:08Z |
WASHINGTON (AP) — Western law enforcement agencies have dismantled an online marketplace used to buy and sell hacked and stolen personal data belonging to millions of people, and have brought criminal charges against the platform’s founder and chief administrator, officials announced Tuesday.
Authorities say the RaidForums website trafficked in hundreds of databases of sensitive data, including credit card and Social Security numbers and bank account information, that had been hacked or stolen from victims.
In addition to seizing three domains that hosted the website, officials have also arrested 21-year-old Diogo Santos Coelho of Portugal, who prosecutors say controlled and administered the platform between 2015 and this past January, when he was taken into custody in the United Kingdom.
The U.S. is seeking his extradition to federal court in Alexandria, Virginia, on charges including conspiracy, access device fraud and aggravated identify.
“The takedown of this online market for the resale of hacked or stolen data disrupts one of the major ways cybercriminals profit from the large-scale theft of sensitive personal and financial information,” said Assistant Attorney General Kenneth A. Polite Jr., head of the Justice Department’s criminal division, said in a statement.
The site, founded in 2015, offered special access and features for members willing to pay — including a “God” membership that prosecutors say enabled nearly unlimited access. The site also sold “credits” to members that enabled them to download means of identification and information from stolen databases, and also allowed them to earn credits by posting instructions on how to commit illegal acts, according to an indictment.
“Disruption has always been a key technique in operating against threat actors online, so targeting forums that host huge amounts of stolen data keeps criminals on their toes,” said Edvardas Šileris, head of Europol’s European Cybercrime Centre. “Europol will continue working with its international partners to make cybercrime harder — and riskier — to commit.”
The FBI and Justice Department and other Western law enforcement agencies, including Europol and agencies in Sweden, Portugal, Germany and the UK, were involved in the operation.
Alex Holden, the founder of Hold Security, said RaidForums was the largest English-speaking forum and marketplace for cybercrooks and its takedown will be “a major problem for the bad guys who trade based on their reputation.”
But as the criminals migrate to different forums, he said, “they will have to mark their territory, assert their position, which only means more breaches” and more online dumping of stolen data.
____
Associated Press writers Mike Corder in The Hague, Netherlands, and Frank Bajak in Boston contributed to this report. | https://cw33.com/technology/ap-technology/global-operation-takes-down-hackers-leaked-data-market/ | 2022-04-13T14:39:13Z |
NEW YORK, May 18, 2022 /PRNewswire/ -- NMG Consulting Inc. announced today that it has acquired Chatham Partners, an insights-based consultancy focusing on institutional financial services. The Chatham Partners team, led by President and CEO Peter Starr, will become a part of NMG Consulting and continue to deliver research and insights to U.S. clients.
Founded in 2005, Chatham Partners provides strategic, custom insights to the retirement, investments and securities services industries in the United States. NMG Consulting provides financial institutions with strategy and implementation consulting backed by an 'information advantage' proprietary research to clients across the globe.
NMG's U.S. growth strategy seeks to expand its range of North American offerings to include a specialist strategy consulting practice integrated with internally produced insights and data analytics. Chatham Partners is important in building this platform, bringing together a stronger network of clients and history in delivering actionable insights to key decision makers.
NMG Consulting CEO Mark Prichard commented, "The addition of Chatham accelerates our strategy to deliver enriched insights and offerings to our clients globally, while further expanding our presence and capabilities in North America. We have long been aware of Chatham's deep and highly regarded research and insights expertise in the U.S. retirement, investments and custody industries. This provides exciting opportunities for us to expand our proposition into related segments."
The Chatham team will continue to operate under Starr's leadership, delivering market-leading client experience and custom insights programmes. "This acquisition unites both companies enabling Chatham to expand on our insights and consulting presence globally and in the U.S. Given our shared client-orientated approach and culture, I believe NMG Consulting is an excellent fit. Together we are strongly positioned to better serve our current retirement-focused clients while reaching a wider audience across financial services," Starr said.
About NMG Group
NMG Consulting is a specialist, multinational consultancy focused on the insurance, reinsurance and investment sectors. The firm provides strategic insights, consulting, actuarial, marketing and research to multinational and domestic financial institutions.
About Chatham Partners
Chatham Partners, based in Waltham, Massachusetts, focused on sales and client retention efforts through customized research programs and strategy consulting services for institutional financial services companies.
Known for its core research programs, Chatham supports most major institutional asset managers, retirement service providers and global securities servicing companies.
Media Contacts
Oliver Hesketh, Global Partner – USA, Oliver.Hesketh@nmg-group.com
Karin Barry, COO, Karin.Barry@nmg-group.com
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SOURCE NMG Consulting | https://www.kxii.com/prnewswire/2022/05/18/chatham-partners-becomes-part-nmg-consulting-inc/ | 2022-05-18T13:43:17Z |
Enhanced Connected Experience Platform offers unparalleled ability for users to manage contracts in the tools they want, flow contract data to the systems they need, and connect easily to their organizations' centralized governance systems
New Integration Hub powered by Workato is seamlessly embedded in user experience, removes need to source and onboard new platform, and frees up users to experiment and flow data into other systems
Enhanced integration platform delivers on No. 2 demand for CLM software next to value for the price: seamless integration with other systems
LONDON, June 23, 2022 /PRNewswire/ -- Agiloft, a leader in the Gartner Magic Quadrant for Contract Life Cycle Management (CLM), today announced at the World Commerce & Contracting Europe Summit enhancements to its Connected Experience Platform, which provides unparalleled integration capabilities that allow users to manage contracts in the tools they already use, flow data into where it's needed to power better business decisions, and easily connect to centralized enterprise governance systems. Key to Agiloft's newly enhanced CEP is its new Integration Hub powered by Workato, the first Workato integration to be embedded within a CLM, removing the friction of sourcing and onboarding a new platform, and allowing the intelligence of contract data to flow freely throughout an organization.
CLM: White Hot Legal Tech
"The legal tech space is white hot because we've reached a CLM tipping point as enterprises worldwide have realized the power of CLM to drive an average revenue increase of 9.2% a year–increasingly critical in the face of a slowing global economy," said CLM Futurist and Agiloft Chief Product Officer Andy Wishart. "However, the key to truly unlocking the power of CLM is the integration with other systems. Our newly enhanced Connected Experience Platform sets a new bar in the market in its ability to deliver industry-leading manageability, data flow, and connection with corporate governance systems."
Wishart outlined the company's three-pronged integration strategy for the platform, to ensure customers can turn to Agiloft to get the most power and efficiency out of their CLM:
- Work where employees work:
In 2022, employees want to work in the tools they're most familiar, and not have to sign into separate systems. Whether they're in legal, procurement, sales, or marketing–Agiloft allows employees to manage contracts in the tools they already use–not tools that only manage contracts. It's more intuitive for everyone and dovetails into existing workstreams, enhancing productivity and driving out the complexity to have to use another system. - Data where users need it:
Agiloft's new Integration Hub with Workato is seamlessly integrated into its CLM software–right in the UI. Business and IT teams no longer have to go win the budget and complete the implementation and onboarding phase for a separate tool–only to then have to toggle back and forth between user interfaces. With the Integration Hub, the barrier to flowing data formerly locked in contracts throughout the organization is gone. Users are free to experiment and learn how to best share and use that data to better empower business results in various departments in the tools they already use. Hundreds, not handfuls of business apps are easily connected to handle endless use cases from onboarding new employees to streamlining purchase orders to expediting customer entitlements. - Integrate with centralized integration platforms to ensure strong governance:
Many mature enterprise organizations centralize data integrations for all SaaS applications. This may be driven by a need to ensure consistency in tooling, or provide a standardized approach to data flow, or to have a strong and centralized governance process for enterprise data. Whatever the reason, with Agiloft's Connected Experience Platform, users can rest assured they can easily integrate with their organization's centralized integration platform of choice.
"We're excited about Agiloft's seamless integration into their UI–which puts them at the forefront of the CLM software industry," said Gautham Viswanathan, co-founder and CPO at Workato. "Agiloft is pushing the boundaries of what it means to integrate automation practices into the new Integration Hub powered by Workato. By making it easy for users to send their contract data to more than 400 applications without having to toggle between interfaces, Agiloft is creating a more efficient and seamless future through automation."
In a global study of enterprise buyers on CLM, the number two most important CLM software demand, next only to value for the price, was seamless integration with other non-CLM tools, data, and systems.* "We could not be more excited to meet that market demand with our enhanced capability to easily let data sluice throughout organizations where it can truly help the businesses grow," Wishart said. "With Agiloft, customers can be confident they are choosing the most integrated CLM on the market."
To see how Agiloft's industry-leading integration platform and the Integration Hub powered by Workato can accelerate your contract lifecycle process and improve your company's revenue, click here.
About Agiloft
As the global leader in agile contract lifecycle management software, Agiloft is trusted to provide significant savings in purchasing, enable more efficient legal operations, and accelerate sales cycles, all while drastically lowering compliance risk. Agiloft's adaptable no- code platform ensures rapid deployment and a fully extensible system. Using contracts as the core system of commercial record, Agiloft's CLM software leverages AI to improve contract management for legal departments, procurement, and sales operations. Visit www.agiloft.com for more.
About Workato
The leader in enterprise automation, Workato helps organizations work faster and smarter without compromising security and governance. Built for Business and IT users, Workato is trusted by over 11,000 of the world's top brands, including Broadcom, Intuit, and Box. Headquartered in Mountain View, Calif., Workato is backed by Altimeter Capital, Battery Ventures, Insight Venture Partners, Tiger Global, and Redpoint Ventures. For more information, visit workato.com or connect with us on social media:
- Blog: https://www.workato.com/the-connector/
- Business Systems Community: https://systematic.workato.com/
- Twitter: http://www.twitter.com/workato
- LinkedIn: https://www.linkedin.com/company/workato
*2022 Global Enterprise Study: Agiloft Insights, a data-driven market research institute that uncovers actionable insights on customer needs and industry trends to accelerate and transform the CLM market.
Media Contact:
Jeffrey Miesbauer
Agiloft
650-587-8615 ext 4003
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SOURCE Agiloft, Inc. | https://www.wibw.com/prnewswire/2022/06/23/agiloft-announces-industrys-most-powerful-integration-platform/ | 2022-06-23T13:18:26Z |
Long before Bugatti made the 16-cylinder engine its calling card, Cadillac launched V-16-powered cars in a bid to outdo other luxury automakers. A prime example is this 1930 Cadillac V-16 452A, which recently appeared on an episode of “Jay Leno’s Garage.” The car comes from California’s Nethercutt Collection, and is presented here by Cameron Richards, the collection’s vice president.
To keep the V-16 secret, Cadillac initially let slip that it was developing a V-12 to match Packard. So it must have been quite a surprise when the General Motors luxury division unleashed this massive engine on the public. Still, Marmon actually beat Cadillac to the punch, launching its own 16-cylinder engine a few weeks before Cadillac, Leno says in the episode.
The overhead-valve engine displaces 7.4 liters but only develops about 180 hp. While that didn’t match the high-end Duesenbergs, it was still a very respectable figure for the time because there really was no replacement for displacement. The car’s massive torque allowed it to pull away in any of its three gears, according to Leno, though the big engine needs a “firehose” to supply all the fuel it needs.
This specific car has the earlier body style, thought to be from 1928 to 1929, married to the 1930 Cadillac chassis and engine. The customer wanted a V-16 Cadillac with a dual-cowl phaeton body as quickly as possible, and the new body wasn’t ready yet.
Not many people could have afforded this car when new. It cost $6,500 at a time when mass-market cars sold for a few hundred bucks. With the U.S. in the midst of the Great Depression, the launch wasn’t exactly well-timed.
The V-16 was more about effortless acceleration than raw speed, Leno says. These Cadillacs weren’t as fast as contemporary Duesenbergs, but their generous torque almost makes the driving experience comparable to modern electric cars, he says. The smooth-running V-16 also offered a more refined experience than most cars of the period.
The car weighs well over 7,000 lb, but it’s easy to drive with an easy-to-use clutch and great brakes, according to Richards.
Cadillac continued making V-16 cars for about a decade, but eventually went back to slightly more sensible V-8 engines. Looking to recapture the brand’s glory days, GM unveiled the Cadillac Sixteen concept in 2003, but that never made it to production.
Toward the end of the video, Jay gets the chance to drive the car. He remarks that it’s incredibly smooth and quiet, and that the manual steering is much better than other old cars.
Watch the full video and revisit a time when a V-16 powered Cadillac to the front of the luxury-car class.
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- Princess Diana’s 1985 Ford Escort RS Turbo S1 sold at auction for $846K | https://cw33.com/automotive/internet-brands/1930-cadillac-v-16-thunders-into-jay-lenos-garage/ | 2022-09-03T02:49:04Z |
Man suspected of killing wife, turning himself in; victim’s body found in car
COLORADO SPRINGS, Colo. (KKTV) - A Colorado man is charged with first-degree murder in the death of his wife after investigators say he turned himself in for the crime.
Police say 52-year-old David Mitchell walked into the El Paso County Jail just after 1 p.m. Friday with the intention of turning himself in for having killed his wife, 44-year-old Melody Horton.
Horton’s body was found inside a vehicle outside the jail. It’s unclear how the vehicle got to the building, but it is possible Mitchell drove it there, KKTV reports.
Detectives say the death occurred in unincorporated El Paso County.
Mitchell is charged with first-degree murder.
Police say the cause and manner of Horton’s death will be determined by the El Paso County Coroner’s Office.
The investigation is ongoing. Anyone with information on this case is asked to call police at 719-444-7000.
Copyright 2022 KKTV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/29/man-suspected-killing-wife-turning-himself-victims-body-found-car/ | 2022-06-29T05:47:02Z |
Queer Eye, together with manufacturing partner Dorel Home, will donate $10,000 from June furniture sales to The Ali Forney Center
LOS ANGELES, June 13, 2022 /PRNewswire/ - The Queer Eye Home Collection and its manufacturing partner, Dorel Home, are proud to announce their second consecutive year of support for The Ali Forney Center in honor of Pride Month.
Through the end of June, Queer Eye and Dorel Home will pledge $10,000 from sales of the Queer Eye Home Collection to The Ali Forney Center. In addition, the company will donate Queer Eye furniture to The Ali Forney Center housing centers in New York City and around the country with the goal of creating safe, comfortable, and inclusive spaces.
Recognized as the country's largest agency dedicated to LGBTQ+ homeless youth, The Ali Forney Center helps over 2,000 people annually and distributes more than 70,000 meals every year. It's a vital organization focused on protecting at-risk LGBTQ+ youth from the harms of homelessness and empowering them with the tools to live independent lives.
"We're proud to once again be partnering with The Ali Forney Center in honor of Pride Month and to be shining a light on its mission of safeguarding LGBTQ+ youth," said Claudia Grundman, Vice President – Global Brand Partnerships at Dorel Home. "The last two years have limited access even further to secure housing options for at-risk LGBTQ+ populations, so it's an especially critical time for us to get involved. We continue to be inspired by the work of The AFC and are beyond grateful for their leadership in our community."
"We are humbled and grateful to have this ongoing support from Queer Eye Home Collection," said Alex Roque – President and Executive Director of the Ali Forney Center. "Queer Eye supports us in affirming for LGBTQ+ youths who have been rejected by their families, that they are cared for and worthy of love. Queer Eye's commitment to the LGBTQ+ community is helping to provide vital services and care including housing, meals, HIV testing, healthcare, and much more. This pride season, and always, we celebrate and appreciate Queer Eye for their allyship and pledge to a better world for all LGBTQ+ people."
"The Ali Forney Center does tremendous and important work for LGBTQ+ youth, and we are honored to help with their mission to keep them safe," said Joel Chiodi, SVP of Strategic Development at Scout Productions, creators, and producers of Queer Eye.
Now on the cusp of celebrating its second year, the Queer Eye Home Collection, created through a partnership brokered by Queer Eye's global licensing agency IMG, boasts a range of modern and multi-functional furnishings for every room in the home, including the patio. Functional pieces like the Queer Eye Corey Drop Leaf Table, the Queer Eye Quincy Transitional TV Stand, and the Queer Eye Brennan 3-Piece Bistro Set are Fab Five-approved and designed to infuse any living space with a fierce new vibe. Available exclusively at Walmart.com, the Queer Eye Home Collection is as affordable as it is fabulous with accent tables as low as $80 and task chairs at $65.
Website: Walmart.com
Dorel Industries Inc. (TSX: DII.B, DII.A) is a global organization, operating two distinct businesses in juvenile products and home products. Dorel's strength lies in the diversity, innovation and quality of its products as well as the superiority of its brands. Dorel Juvenile's powerfully branded products include global brands Maxi-Cosi and Tiny Love, complemented by regional brands such as Safety 1st, BebeConfort, Cosco and Infanti. Dorel Home, with its comprehensive e-commerce platform, markets a wide assortment of domestically produced and imported furniture. Dorel has annual sales of US$1.7 billion and employs approximately 4,200 people in facilities located in twenty-two countries worldwide.
The Ali Forney Center mission is to protect LGBTQ+ youth from the harms of homelessness and empower them with the tools needed to live independently.
In 2002, Carl Siciliano founded the Ali Forney Center (AFC) in memory of, and after, a gender-nonconforming youth who was tragically murdered in 1997. The organization has grown to become the largest agency dedicated to LGBTQ+ homeless youths in the country—assisting 2,000 youth per year through a 24-hour Drop-In Center which provides over 70,000 meals annually, medical and mental health services through an on-site clinic, and a scattered site housing program.
For further information:
Alexandria Horvat-Becevello, Account Manager
1Milk2Sugars Communications
alexandria@1milk2sugars.com
416-506-5000 x 204
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SOURCE Queer Eye | https://www.kxii.com/prnewswire/2022/06/13/queer-eye-home-collection-gives-back-this-pride-month-by-helping-furnish-safe-inclusive-spaces-lgbtq-homeless-youth/ | 2022-06-13T14:01:59Z |
Both companies launched the collaboration at the United Nations event for foreign Ambassadors
NEW YORK, May 17, 2022 /PRNewswire/ -- InnovoPro, a recognized innovator in the global food industry with great tasting and functional chickpea protein solutions, is one of six sustainable FoodTech organizations that showcased their products at the United Nation event on May 12th, in association with Israel's Permanent Mission to the United Nations and The Good Food Institute.
Recently, InnovoPro and Milkadamia, leaders of the next generation of plant-based products started to collaborate and the two showcased Milkadamia's latest development - plant-based ice cream based on InnovoPro's CP-Pro 70® protein. Their environmentally sustainable desserts have superior taste profiles that maintain a rich flavor and natural texture. Innovopro's breakthrough technology enables the production of their clean-labeled cookies and Milkadamia's ice cream that are non-GMO, gluten-free, soy-free, and non-allergen. Due to the unique functionality of chickpea protein, the recipes deliver cleaner ingredient labels compared to other highly-processed desserts.
"Re-imagining our relationship with protein doesn't just start with meat. It also includes desserts, which to us represents the first sweet and chewy bite of our vegan chocolate chip cookies and Milkadamia's fantastic chickpea protein ice cream," said Taly Nechushtan, CEO of InnovoPro. "They're more environmentally friendly and sustainable than the vast majority of desserts, and we're thrilled to be able to partner with Milkadamia on this special occasion of Israel's independence."
"Milkadamia is an innovator in the plant-based foods sector. Milkadamia is compelled by the trajectory of climate forecasts to embrace plant protein, while aggressively championing the eco-pertinence of plant-based foods and regenerative agriculture," said Jim Richards, CEO and Founder of Milkadamia.
About InnovoPro
InnovoPro is committed to bringing unique plant-based protein ingredients to the global food & beverage market, for creating nutritious, tasty, and sustainable food products. With an excellent nutritional profile, "free from" properties and wide usability in the food industry, InnovoPro's CP-Pro 70® concentrate is the best choice for the growing plant-based protein market. Now, with its growing recognition and infrastructure, InnovoPro is in the best position to scale up its innovative solutions worldwide. Visit innovopro.com to learn more.
About Milkadamia
Milkadamia was started on the Australian family macadamia farm in 2015 and Milkadamia U.S. is headquartered in Illinois. Sold in 12,000 retailers across the U.S. and the U.K, as well as 2,000 cafes, Milkadamia is growing more than trees. Its raw macadamias are grown on its Jindilli Farms predominantly through regenerative farming techniques which reduce carbon dioxide emissions and enrich the earth instead of stripping it of nutrients. Visit milkadamia.com for more information. Follow on FB and Instagram @milkadamia as well as on LinkedIn.
Media Contact
Harper Clark
harper.clark@si14global.com
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SOURCE InnovoPro | https://www.mysuncoast.com/prnewswire/2022/05/17/innovopro-chickpea-protein-company-partners-with-milkadamia-us-dairy-free-leader-launching-chickpea-ice-cream/ | 2022-05-17T17:39:58Z |
NICOSIA, Cyprus (AP) — Cyprus is further winding down the compulsory use of COVID-19 vaccination certificates and face masks as the country’s virus numbers continue to improve.
Health Minister Michael Hadjipantela announced Wednesday that as of May 15, vaccination and recovery certificates will no longer be required to enter most places. However, certificates will still be needed to enter nightclubs, music halls, clinics, hospitals and nursing homes.
Also on the same day, unvaccinated people considered as close contacts of people infected with the coronavirus will no longer have to self-isolate, while compulsory testing for students and teachers will stop.
Obligatory mask-wearing in the outdoor areas of bars and restaurants ends on April 22. Children age 12 and under won’t have to wear masks starting on May 15. Most capacity limits for nightclubs and restaurants will also be lifted that day.
Hadjipantela repeated that this doesn’t spell the end of the pandemic. As of next week, the minimum age for a voluntary fourth vaccine shot drops to 60. | https://cw33.com/health/ap-health/cyprus-to-further-ease-use-of-covid-certificates-masks/ | 2022-04-21T04:15:39Z |
Herschel Walker, the wife abusing Texan is a black man who really hates Mexicans. So, of course, Herschel is a Republican tool. He is a U.S. Senate candidate who drools.
Put the football helmet back on that fool, Since Walker’s brain cells left are so few.
Senator Warnock (D-Ga.) will win again, Because Georgia is the GOP’s dead end. If it wasn’t bad enough that Herschel lies, Wacko Walker nearly took his ex-wife’s life!
Herschel of the GOP hater-archy is psycho, And he doesn’t live in Georgia, you know? Carpetbagger Walker will lose, Because these days, Georgia prefers Blue!
GOP gerrymandering and criminality aside, After his election loss, Herschel will hide. Fox “News” is all Walker will have left being ,A hero only to far-right football fan fascists.
Herschel Walker is O.J. Simpson in training. Former running back Walker prefers slaying, Because Herschel’s ex-wife divorced him. Walker will put his gun to her head again!
He choked his ex-wife unconscious in Texas, Where spousal abuse has legal acceptance. Herschel blames his 12 split personalities For his misogynistic homicidal tendencies.
But you know the real reason Walker is evil, Because Herschel is a Republican weasel.
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accounts, the history behind an article. | https://www.albanyherald.com/opinion/in-verse-herschel-walker-is-a-republican-weasel/article_9b23649a-bf26-11ec-9963-23575492d887.html | 2022-04-19T00:02:50Z |
HHHS provides first ever low-cost vaccine clinic
TOPEKA, Kan. (WIBW) - The Helping Hands Humane Society provided the community with resources to help save some money .
In a partnership with Petco Love, a nonprofit organization for animals, Helping Hands hosted a their first-ever vaccine clinic. Communications Coordinator, Emi Greiss said, she was thrilled to see the amount of people that came out in support of the event.
“We thought it would be busy but we are blown away by the line that we are seeing. Before we even opened the line had stretched all the way across the building. Longer than we expected, so we are really really excited that the word got out to the community and their are so many pet parents out their that are passionate about their pets getting vaccinated.”
The event allowed pet owners, many of whom brought more than three pets, to vaccinate their cats or dogs at a lower price than they would usually pay at their veterinarian. They were able to choose from a variety of vaccine options.
Sue Mastell-Meidinger, who brought her three dogs, is happy this community clinic is doing this for pet owners in the community.
“The prices could be a little pricey for some people who want to be pet owners,” Mastell-Meidinger said. “So it’s an opportunity to get the prices for the vaccines cheaper, so it’s just a great thing for everybody.”
With the turn-out of the event, the clinic had to stop accepting more pets before their posted end time, due to being in full capacity.
You can check Helping Hands Humane Society Facebook page for updates on future events.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/03/hhhs-provides-first-ever-low-cost-vaccine-clinic/ | 2022-09-03T00:45:59Z |
POUGHKEEPSIE, N.Y. , April 7, 2022 /PRNewswire/ -- Vassar College will launch the Vassar Veterans Initiative (VassarVets) designed to expand its overall student veterans' outreach and support by establishing an on-campus position dedicated to serving U.S. military veterans, President Elizabeth H. Bradley announced.
In 2012, Vassar became the first institution of higher education in the nation to partner with The Posse Foundation—a nonprofit foundation dedicated to recruiting outstanding young leaders from diverse backgrounds and pairing them with the country's top colleges—to recruit veterans for enrollment. Through VassarVets, the College will establish a director-level position which will coordinate the recruitment of veterans as well as serve as a resource for veterans during their time at Vassar, enhancing the college experience of Vassar's veteran student population. The new program will replace Vassar's relationship with The Posse Foundation.
"Having veterans here at Vassar has benefited all of our students because of the unique experiences and perspectives veterans bring, and their presence is part of what it means to have a truly diverse campus," Bradley said. "I am thankful to The Posse Foundation for helping us build the capacity to establish the Vassar Veterans Initiative and expand on what our work with The Posse Foundation has already accomplished."
As part of this initiative, Vassar will extend its need-blind admission policy for first-year applicants to U.S. military service members and veterans applying as transfers. This eliminates consideration of veteran applicants' ability to pay tuition from admission decisions. The College will also meet 100% of veteran students' demonstrated need for educational expenses. With Vassar's financial aid award, scholarship funds will replace expected family contributions and loans toward undergraduate tuition and student fees. In addition, Vassar is a Yellow Ribbon school and does not cap Yellow Ribbon spaces.
U.S. service members and veterans applying to Vassar will be granted application fee waivers and will be guaranteed an admission interview. Vassar is currently test-optional for all students, including veteran applicants, eliminating the need to submit standardized testing for admission to the College. As part of VassarVets, the new director will create a fall visitation program for prospective applicants who have served in the U.S. Armed Forces; offer dedicated college counseling to prospective veteran applicants; develop a pre-orientation program for enrolling veterans; establish partnerships with military-affiliated and veterans' organizations; facilitate group and individual advising; and develop programming with other campus offices to support student veterans.
"Vassar took the lead 10 years ago in recognizing the power and potential of those who stepped up to serve our country, and I am thrilled that the College is willing to deepen its commitment with a dedicated role not just to build out our recruitment but also to further support student veterans' success at Vassar and beyond," said Dean of Admission and Student Financial Services Sonya Smith.
"We are proud to have partnered with Vassar as the first Posse Veterans Program institution. Vassar led the way for selective colleges and universities to think more strategically about including U.S. veterans among the members of their student body. These service members are an important part of the equity and inclusion discussion, and we applaud Vassar for continuing the work," said Deborah Bial, President/Founder of The Posse Foundation.
The College is in the process of recruiting for the director of the Vassar Veterans Initiative position, who will report to the Dean of Admission and Student Financial Services, and work closely with the Dean of the College and Dean of Faculty staff, Bradley said. The position is expected to be filled by July 1. For more information, visit the Vassar Office of Admission website or call (845) 437-7300.
Vassar College is a coeducational, independent, residential liberal arts college founded in 1861.
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SOURCE Vassar College | https://www.wibw.com/prnewswire/2022/04/07/vassar-announces-launch-vassar-veterans-initiative/ | 2022-04-07T16:15:48Z |
HUNTINGTON, WV (WOWK) — Medal of Honor Recipient and World War II Veteran Hershel “Woody” Williams, 98, died on Wednesday. Williams was the last living WWII Medal of Honor recipient.
Williams was born on Oct. 2, 1923, and grew up in Quiet Dell in Marion County, West Virginia. He joined the United States Marine Corps and served in the Battle of Iwo Jima with the 21st Marines, 3d Marine Division. Williams received the Medal of Honor on October 5, 1945, from President Harry S. Truman for his “actions, commitment to his fellow service members, and heroism,” the Woody Williams Foundation website says.
Following his service in WWII, Williams worked to serve veterans and their families as a Veterans Service Representative for the Department of Veterans Affairs for 33 years. He also served as the Commandant for the Veterans Nursing Home in Barboursville, West Virginia, for almost 10 years and has served on the Governor’s Military Advisory Board for West Virginia.
Williams was named a Distinguished West Virginian in 1980 and 2013, and is a member of the West Virginia Hall of Fame. The Huntington VA Medical Center was also renamed the Hershel “Woody” Williams VA Medical Center in his honor in 2018.
Williams founded the Woody Williams Foundation, which is a non-profit organization that establishes Gold Star Families Memorial Monuments and conducts outreach programs for Gold Star Families.
In March 2020, the U.S. Navy commissioned a warship, the USS Hershel “Woody” Williams, in his honor in Norfolk, Virginia.
Williams was preceded in death by his wife Ruby in 2007. He is survived by his two daughters. | https://cw33.com/news/last-world-war-ii-medal-of-honor-recipient-hershel-woody-williams-dies-at-98/ | 2022-06-29T16:22:22Z |
Which LED makeup mirror is best?
Tired of makeup mirrors that just aren’t getting the job done? No one wants to spend time and care applying their makeup only to go out and realize the mirror they used wasn’t good enough and their colors aren’t blended well. LED makeup mirrors solve that issue with excellent lighting and magnification, allowing you to clearly see what you’re doing.
If you’re looking for a top LED makeup mirror, take a look at the iHome Hollywood Pro Vanity Mirror With Bluetooth and USB Charger for a high-tech option with some luxurious modern features.
What to know before you buy an LED makeup mirror
Countertop vs. wall-mounted
A countertop mirror is easier to transport to a different location or put away when you’re not using it, but it does take up more space on the vanity when you have it out. A wall-mounted mirror is less portable but takes up no counter space and can be secured at eye level. A wall-mounted mirror might require screws or suction cups, which isn’t always convenient.
Shape
Most LED makeup mirrors are round, square or rectangular. A round mirror frames the face and can help with those finer details, but it isn’t as practical for moving back and taking in the whole picture. Rectangular mirrors generally let you see your face and hair together, though they also take up more space. A square mirror is somewhere in the middle, offering wider coverage than a round mirror but less than a rectangular one.
Magnification levels
An LED makeup mirror can have a little magnification or a lot. The lowest magnification level is usually enlarged to twice that of a regular mirror. The highest it goes is up to 10 times the magnification or more. The most popular level for makeup mirrors is five times the magnification of a standard mirror. Consider your eyesight here, because if you wear glasses, you probably won’t be wearing them as you apply your makeup.
What to look for in a quality LED makeup mirror
Brightness settings
The best LED makeup mirrors have multiple brightness settings. This allows you to adjust the LED light based on the brightness of the room or how closely you want to examine your skin. Some even have different shades of light so you can see how your makeup looks in varied settings.
Two-sided mirror
Usually, one side of the mirror will be magnified while the mirror on the other side is not, but some mirrors are magnified on both sides to different degrees. This is especially useful if you already have a regular bathroom or bedroom mirror and don’t need to use it as a regular mirror.
Adjustable base
When you’re applying your makeup it’s important to be able to adjust the angle or rotate the mirror to suit your needs. You want a mirror that can be moved slightly without much fuss. Most importantly, the mirror should stay firmly in place when you adjust it and not fall or droop while you’re using it.
Bonus features
A great LED mirror boasts fun bonus features. It’s rechargeable so you never have to worry about the lights going out or Bluetooth capable so you can play music while getting ready to go out. Some of these makeup mirrors feature storage bins attached to the base so you can organize your go-to makeup products for easy access.
How much you can expect to spend on an LED makeup mirror
An LED makeup mirror costs $20-$250 depending on the size and number of advanced features like Bluetooth capabilities.
LED makeup mirror FAQ
What is an LED light?
A. LED stands for light-emitting diode. An LED light produces less heat than incandescent lights, making it more energy-efficient. LED lights also last longer and emit light more directionally than incandescent bulbs.
How big is an LED makeup mirror?
A. Most round LED mirrors are about 8 inches tall while rectangular mirrors are about 11 inches tall or wide. Additionally, there are extra-large mirrors that stand taller and wider for maximum coverage.
What’s the best LED makeup mirror to buy?
Top LED makeup mirror
iHome Hollywood Pro Vanity Mirror With Bluetooth And USB Charger
What you need to know: This 12-inch-by-16-inch countertop LED mirror has a removable 10x mini magnifying mirror, Bluetooth speakers and a USB charger.
What you’ll love: The LED lights have several brightness settings and colors. It’s well-made, from the built-in speakers to the attachable mini mirror. The main mirror is of excellent quality.
What you should consider: It’s a little pricey if you don’t need the speaker.
Where to buy: Sold by Ulta Beauty, Kohl’s and Staples
Top LED makeup mirror for the money
Funtouch Rechargeable Wall-Mounted Lighted Makeup Mirror
What you need to know: This is a round, two-sided 8-inch LED mirror that mounts directly to the wall and comes with a USB charger.
What you’ll love: It rotates 360 degrees and has an extendible arm so you can get just the right angle. It has a dimmable touch screen, and it’s rechargeable. One mirror has 1x magnification, and the mirror on the other side has 10x magnification.
What you should consider: You must screw the wall mount into the wall.
Where to buy: Sold by Amazon
Worth checking out
Fancii Large LED Vanity Makeup Mirror With Cosmetic Organizer
What you need to know: This 9-inch-by-6.3-inch countertop LED mirror comes with a makeup organizer, mini magnification mirror and has dual power capabilities.
What you’ll love: The high-quality 1x mirror can be rotated vertically or horizontally and comes with a small 10x magnification mirror that pulls out on the top. The LED lights are dimmable and can automatically shut off after 30 minutes. It can use four AA batteries or a USB cable. The organizer on the base is great for keeping essential makeup nearby.
What you should consider: It doesn’t have the longevity that some LED makeup mirrors have.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/best-led-makeup-mirror/ | 2022-04-20T16:20:34Z |
WAYNE, Pa., July 13, 2022 /PRNewswire/ -- Argosy Private Equity, a lower middle market private equity firm, today announced the sale of Linx Technologies to TE Connectivity.
Founded in 1997, Linx is a leading provider of wireless technology solutions to device manufacturers in the commercial, government, consumer, agricultural, and industrial segments. Linx is an antenna design and manufacturing company focused on serving original equipment manufacturers ("OEMs") that require wireless functionality for their products. The company's antennas are engineered for industrial, scientific and medical ("ISM"), Wi-Fi, cellular and global navigation satellite system ("GNSS") bands for numerous Internet of Things ("IoT") applications. Linx complements its antenna product lines with RF connectors, RF modules, remote controls and sub-GHz data modules.
Argosy acquired Linx in December 2015 and immediately began to implement its Value Acceleration Methodology ("VAM™"), partnering with the CEO, Tolga Latif, to further penetrate existing markets and expand into new industry verticals. These VAMTM initiatives allowed Linx to nearly quadruple EBITDA over our six-year hold period.
"Working collaboratively with the Linx Technologies team has been an exceptional experience. The team embraced Argosy's VAM™ tools, with particular impact coming from the strategy deployment and new product development areas. The entire team came to truly embody the company's mission and succeeded in delivering the right product, at the right price to become one of the top brands of antennas, connectors and related RF devices selling through distribution. Our journey with this exceptional team has exceeded all our expectations." said Steve Morgenthal, Managing Partner of Argosy Private Equity.
"Argosy Private Equity has been a true partner throughout their investment. Early in our partnership, the IOT market dynamics changed, and we implemented a strategic shift by developing a novel strategy using analytics to guide rapid product development. It is never easy telling your investors that the investment thesis needs to change. Argosy supported the team, while asking tough questions to help refine and develop the right strategy that ultimately led to our rapid growth and successful sale to TE Connectivity." said Tolga Latif, CEO of Linx Technologies.
Argosy Private Equity, founded in 1990, specializes in providing capital and operating and financial expertise to lower middle market companies across a broad range of industries. Argosy partners with motivated management teams investing in companies with sustainable competitive advantages and attractive growth prospects. Argosy Private Equity is a division of Argosy Capital Group, Inc. ("Argosy Capital") together with Argosy Real Estate Partners, Argosy Credit Partners, Argosy Strategic Partners and Argosy Healthcare Partners. Argosy Capital is an investment adviser with approximately $2.7 billion of assets under management. All of the Argosy Capital funds focus on lower middle market investment strategies.
For further information on Argosy Private Equity, please visit www.argosype.com.
Argosy Private Equity
Sarah Busch
sbusch@argosycapital.com
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SOURCE Argosy Private Equity | https://www.wibw.com/prnewswire/2022/07/13/argosy-private-equity-exits-linx-technologies/ | 2022-07-13T17:05:53Z |
Man pleads not guilty to raping girl, 10, who had abortion
COLUMBUS, Ohio (AP) — A man pleaded not guilty on Monday in Ohio to charges of raping a 10-year-old girl who traveled to Indiana for an abortion last month, which became a flashpoint in the national debate over access to the procedure.
The 27-year-old defendant is charged with two felony counts of rape in a court in Franklin County, home to the state capital Columbus. He could face life without parole. Police say the man confessed to raping the girl on two separate occasions upon his July 12 arrest. He is being held without bond ahead of a bond hearing that’s yet to be scheduled.
The girl’s case gained national attention after an Indianapolis physician, Dr. Caitlin Bernard, said the child had to travel to Indiana due to Ohio banning abortions at the first detectable “fetal heartbeat” after the U.S. Supreme Court overturned the landmark Roe v. Wade ruling.
Prior to the suspect’s arrest, Ohio Attorney General Dave Yost and U.S. Rep. Jim Jordan, both Republicans, were among conservatives who publicly questioned the story’s validity and the child’s existence.
President Joe Biden, a Democrat, highlighted the girl’s case at the signing of an executive order aimed at protecting access to abortion.
A detective testified July 13 at an initial court appearance for the man that Columbus police learned about the girl’s pregnancy after her mother alerted Franklin County Children Services on June 22.
The detective also testified that the girl had an abortion in Indianapolis on June 30.
The Associated Press generally doesn’t identify victims of sexual assault and, for now, is not naming the suspect to avoid inadvertently identifying the girl.
Ohio’s “heartbeat” abortion ban law defines an emergency as life-threatening or involving a “serious risk of the substantial and irreversible impairment of a major bodily function.” Under that definition, the 10-year-old’s condition wouldn’t have risen to the threshold of an emergency, Kellie Copeland, director of Pro-Choice Ohio, an abortion rights group, said Wednesday.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/25/man-pleads-not-guilty-raping-girl-10-who-had-abortion/ | 2022-07-25T19:03:01Z |
ARLINGTON, Va., May 24, 2022 /PRNewswire/ -- BlueHalo has been awarded a $1.4B contract by the Space Rapid Capabilities Office (SpRCO), a direct reporting unit of the U.S. Space Force. The award is for the Satellite Communication Augmentation Resource (SCAR) program. This effort will include full lifecycle development from initial design through full rate production. The SCAR program will deliver premier satellite operations capability—maximizing automation, flexibility, and commonality while enabling continuous modernization.
BlueHalo's advanced radio frequency (RF) solutions will serve as the key enabling technology for the SCAR program. The foundation of the program is BlueHalo's proprietary Multi-band Software Defined Antenna (MSDA) technology. BlueHalo's MSDA is a phased array technology that simplifies mission operations through agile and re-configurable beamforming tiles. BlueHalo's Broad Area Deployable Ground terminal enabling Resilient communication (BADGER) provides a multi-band and deployable ground communications system built upon the core MSDA technology. The system is extensible across multiple mission areas, enabling communications between multiple spatial, spectral, and temporal diverse targets.
"Between the rapid proliferation of new space satellite constellations at a relentless rate and the criticality of the U.S. maintaining its strategic advantage as a Nation in space in the face of advancing adversaries, new technologies had to be brought to bear," said Jonathan Moneymaker, BlueHalo's Chief Executive Officer. "I could not be prouder of BlueHalo's talented engineers, scientists, and support staff for leading the development of our BADGER offering and the partnership we have forged with the Space Rapid Capabilities Office to bring the SCAR program to life. This program will redefine our national capabilities for decades to come."
BlueHalo will partner with Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS) on the SCAR effort. Kratos will provide their OpenSpace Platform, a software-defined satellite ground system. OpenSpace enables scalable deployments within an elastic, cloud-agnostic, fully virtualized environment built upon widely-accepted industry standards. With the OpenSpace Platform, customers can instantiate new services in minutes instead of the weeks, or even months, commonly required with traditional hardware-based ground systems. The Kratos award for this effort is valued at approximately $160 million, including a combination of software, services and other system elements.
"We could not have a better strategic partner to work with than BlueHalo on this advanced and strategic program," commented Phil Carrai, President of Kratos' Space, Training and Cybersecurity Division. "OpenSpace is designed to support dynamic operations needed for multi-mission operations and quickly adapts to changing conditions. Together with BlueHalo, our technologies are architected to interoperate and our combined expertise in space network development will deliver a system that is agile, configurable, resilient and at the cutting edge of the DoD's goals for digital transformation."
"We're proud of this award, which provides monumental growth at our New Mexico campus and establishes BlueHalo as a top-tier system integrator. Manufacturing of the BADGER systems will occur in our new state-of-the-art campus in Albuquerque, NM," added Dan Gillings, BlueHalo Sector President. "This program creates 60 new engineering and manufacturing jobs and presents a unique opportunity for the customer, BlueHalo, and key suppliers to be co-located within the Albuquerque area."
About BlueHalo
BlueHalo focuses on inspired engineering to develop, transition, and field next-generation capabilities to solve the most complex challenges of our customers' critical missions and strengthen our national security posture in the near-peer contested arena. www.bluehalo.com
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SOURCE BlueHalo | https://www.mysuncoast.com/prnewswire/2022/05/24/bluehalo-awarded-14b-us-space-force-contract-enable-modernization-satellite-operations/ | 2022-05-24T17:17:52Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sanofi SA ("Sanofi" or the "Company") (NASDAQ: SNY). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Sanofi and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On June 30, 2022, Sanofi announced that "[t]he U.S. Food and Drug Administration (FDA) has placed Phase 3 studies of tolebrutinib in multiple sclerosis (MS) and myasthenia gravis on partial clinical hold. As a result, new enrollment in the United States (U.S.) is paused, and participants in the U.S. who have been in the trial for fewer than 60 days shall suspend study drug." Sanofi stated that "[t]he FDA action was based on a limited number of cases of drug-induced liver injury that have been identified with tolebrutinib exposure in Phase 3 studies."
On this news, Sanofi's stock price fell $2.64 per share, or 5.01%, to close at $50.03 per share on June 30, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/08/01/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-sanofi-sny/ | 2022-08-01T19:06:25Z |
Essentially All Nutrients Plants Need
Enormous Potential for Growing Crops
RENO, Nev., Aug. 23, 2022 /PRNewswire/ -- Itronics Inc. (OTC: ITRO) today reported that it has begun formulation development for a new nutritionally complete liquid multi-nutrient GOLD'n GRO fertilizer that contains essentially all the nutrients that a plant needs to grow and be healthy.
The new fertilizer, made possible by the Company's Advanced Nutrient Transfer Technology (ANT Technology), contains nitrogen, phosphate, potassium, calcium, iron, magnesium, manganese, sulfur, and zinc, and has the targeted formulation GOLD'n GRO 12-1-5 with 2% Ca, 1.0% Fe, 1% Mg, 0.1% Mn, 2% S, 0.5% Zn, and trace amounts of copper, boron, and molydenum.
A stable liquid formulation with such a high and relatively complete nutrient package was not previously possible due to significant chemistry technical barriers. This new technology is a "break through" technology achievement, and for the first time will provide farmers, nursery growers, turf growers, golf courses, and home gardeners the opportunity to use an affordable, complete liquid fertilizer for growing their crops. Severe soil nutrient deficiencies can still be corrected by single nutrient fertilization. The potential for crop improvement using this approach is enormous.
Due to the ANT Technology, the nutrients are expected to be readily available to the plant roots when applied to the soil with drip or micro-sprinkler irrigation, or other methods. Agronomists know that many crops suffer from hidden nutrient deficiencies and from deficiencies that cannot be cost-effectively remedied by single nutrient fertilization. They also know that soils worldwide are being depleted of their nutrients. Having a multi-nutrient liquid fertilizer that contains most of the needed plant nutrients in a stable, readily available form has the potential to improve crop growth, health, and yields by eliminating hidden nutrient deficiencies and to replenish the broad nutrient content of soils that are currently being depleted.
A key aspect of this new formulation will be affordability, made possible by availability of a new multi-nutrient raw material source being developed by Itronics.
Itronics' new Rock Kleen Technology being developed to process spent mine tailings is demonstrating the ability to recover nitrogen, calcium, iron, magnesium, manganese, potassium, sulfur, and zinc from gold/silver mine tailings. Rock Kleen processing requires regular removal of a small percentage of the liquid chemistry being used, called a 'bleed stream', which is replaced by new chemistry to prevent the buildup of impurities. The bleed stream is removed after all the non-nutrient metals have been recovered, making this multi-nutrient liquid highly suitable for use as a raw material for manufacturing the fertilizer. Once a Rock Kleen operation is established, the amount of new liquid needed, and the amount of bleed stream liquid will be stable quantities on an ongoing basis.
The Company created the technology for this by developing the ability to demetallize spent silver-bearing photographic liquids and to formulate them for use as a raw material in the manufacture of the GOLD'n GRO fertilizers. The ANT Technology is a direct result of this. The 'Award Winning' GOLD'n GRO fertilizers have been proven environmentally clean, safe, and effective over 30 years of field testing and commercial use on a wide variety of field, vegetable, tree, and vine crops, turf farms and golf courses, and on home lawns and gardens. They have consistently demonstrated the ability to improve crop quality and yield.
The new Rock Kleen bleed stream liquid is expected to become available in large volume from each Rock Kleen project that is developed. Each new Rock Kleen project will expand the raw material supply by a measured amount. Fertilizer consumers will be able to look forward to a large and measured and expanding supply of GOLD'n GRO multi-nutrient fertilizers as the emerging Rock Kleen technology is applied to new projects. Gold/silver mining is a worldwide activity as are tailings from the mining. The Rock Kleen Technology is expected to be useable to process gold/silver mine tailings regardless of where they are located, meaning that the raw material over time would become available on a broad geographic basis.
Rock Kleen is a revolutionary, emerging technology that recovers residual gold and silver, base and ferrous metals, nutrient minerals, and industrial minerals from 'sub-ore grade' gold/silver mine tailings. The Company believes that many of the gold/silver deposits worldwide have similar geochemical systems. Rock Kleen technology has the potential to expand the supply of important raw materials and to significantly improve mining environmental compatibility by utilizing spent "sub ore grade" mine tailings that presently are managed by mining companies, after mining has stopped, to maintain long term environmental safety. Mining companies are under increasing pressure to clean up their tailings. Rock Kleen is emerging as a tailings processing option that mining companies should now consider.
"We would like to thank our investors for their continued support, "said Dr. John Whitney, Founder and President. "It is now becoming clearer how our portfolio of 'Zero Waste Energy Saving Technologies' can make the world cleaner and greener, while the Company continues its drive to profitability."
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Zero Waste Energy Saving Technology" Company that produces GOLD'n GRO multi-nutrient liquid fertilizers, silver bullion, and silver-bearing glass. The Company's environmentally friendly award winning GOLD'n GRO liquid fertilizers are used extensively in agriculture in California. Itronics is adding Rock Kleen Technology to its active business operations.
Follow Itronics on Facebook: https://www.facebook.com/itronicsinc
Follow Itronics on Twitter: https://twitter.com/itronicsinc
VISIT OUR WEB SITE: http://www.itronics.com
Contact us (775-689-7696)
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
Contact:
Paul Knopick
888.795.6336
investor@itronics.com
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SOURCE Itronics Inc. | https://www.mysuncoast.com/prnewswire/2022/08/23/itronics-announces-developing-breakthrough-goldn-gro-multi-nutrient-liquid-fertilizer/ | 2022-08-23T13:13:37Z |
Which expensive colognes are best?
You’ve likely heard people say “look good, feel good” or “dress to impress” before, but never anything about the benefits of smelling good. And let’s be honest, reeking of an unpleasant smell probably leaves a stronger negative impression than looking good does a positive one.
Thankfully, a premium scent can keep you smelling fresh throughout the day, while adding a layer of sophistication to your outfit. If you’re just getting your fragrance wardrobe started and are in the market for an excellent cologne for all occasions, we recommend Soleil Brulant from Tom Ford.
What to know before you buy expensive cologne
Personal style
Any good cologne, and especially an expensive one, can add dimension to your visual look. For example, if you often sport pastels and spring colors, you may want to choose something light and citrusy. On the other hand, if you often wear earth tones or darker hues, consider a heavier scent that evokes mystery and intrigue.
Bottle size
The last thing you want is to have your expensive cologne confiscated at an airport because it’s too large. Make sure you choose the right size for your needs. If you’re a frequent traveler and want something you can bring on a plane, opt for bottles below 3.3 fluid ounces. But if you want something to bring with you in case of a smelly emergency, look for an atomizer cylinder that fits into your bag or pants pocket. If it’s going to stay in the bathroom, size shouldn’t matter.
What to look for in quality expensive cologne
Ingredients
Expensive cologne should include premium, natural ingredients. Brands like Chanel continue to grow their own flowers in the valleys of Cannes, France. This ensures they retain the floral quality their scents were originally prized for almost 100 years ago. It’s important to know that many fragrance brands grow the same flowers in India because it’s cheaper. However, the climate in India creates lower-quality, vague -smelling blossoms.
Development process
Superior development and production processes ensure the longevity and quality of expensive colognes. While the House of Creed uses a proprietary process created by founder James Creed in the 1760s, Chanel still maintains and harvests all of its natural ingredients by hand to preserve their blossom integrity. Behind-the-scenes details like this are what separates premium fragrances from their budget counterparts.
Brand pedigree
There are countless expensive colognes on the market, but not all are reputable brands. When looking for a premium cologne, keep an eye out for brands like Chanel, Creed, Tom Ford and Bond No. 9, because they are renowned specifically for their fragrances. If you choose a brand with pedigree, you can purchase with confidence knowing all the ingredients are pure and luxurious.
How much you can expect to spend on expensive cologne
Expensive cologne is just that, expensive. While entry-level designer scents cost $75 for small bottles, expect to spend at least $150 for new collections and classic scents that never go on sale.
Expensive cologne FAQ
Can I make the scent last longer?
A. The ingredients and mixing process determine the duration of any given cologne. However, fragrance intensifies with your body heat, so apply it in the creases of your elbows, knees and neck for a longer-lasting scent. Also, avoid rubbing the scent onto your skin, as this degrades the fragrance.
Does cologne go bad?
A. Unfortunately, yes. Since expensive cologne is composed of natural ingredients, in many cases, it may begin to lose its scent after a year. Unless you know you’re going to wear it all the time, it’s best to stick with smaller bottles to begin with.
What’s the best expensive cologne to buy?
Top expensive cologne
What you need to know: Formulated to evoke the warmth of sunshine on a breezy beach day, Soleil Brulant is a meticulously balanced scent suitable for any occasion in any setting.
What you’ll love: Straight from Tom Ford’s “private collection” scent laboratory, Soleil Brulant features notes of fresh mandarin and bergamot with undertones of spicy peppercorn and seductive black honey. Strong top notes give way to an exquisite combination of burnt amber and summer flowers that leave an inviting scent trail. To top it all off, this cologne comes in Tom Ford’s striking chess piece bottle, reserved only for private collection scents.
What you should consider: Because this fragrance is light and wispy, it doesn’t last a full day.
Where to buy: Sold by Sephora
Top expensive cologne for the money
What you need to know: ALLURE HOMME manages to pack intense, traditionally masculine and often overpowering scents into a refreshingly light fragrance.
What you’ll love: Backed by Chanel’s renowned fragrance laboratory, a few quick sprays in the morning keep you smelling great well into the night. It features a unique blend of spicy coriander and mandarin at the top, robust notes of cedar in the heart and subtle notes of tonka and cistus labdanum at the base. While the profile is heavy and masculine, this cologne is light enough for a beach day.
What you should consider: Some wearers wished the scent was a bit stronger.
Where to buy: Sold by Sephora
Worth checking out
What you need to know: Crafted by Olivier Creed, the sixth-generation master perfumer from Creed family, Aventus was introduced for the company’s 250th anniversary in 2010, and it’s been the brand’s bestselling cologne since.
What you’ll love: As the exclusive provider of custom fragrances and scented gloves to monarchies across Europe for centuries, Creed has an unparalleled perfume pedigree. Inspired by the strength and history of the French monarchy, Aventus features top notes of pineapple and bergamot with heart notes of birch and patchouli and base notes of ambergris, sandalwood and oakmoss. Plus, each batch of Aventus is weighed, mixed, macerated and filtered by hand.
What you should consider: Perhaps this shouldn’t be a surprise considering the House of Creed made its first fragrance in 1781 for King George III, but the smallest bottle costs a whopping $335.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/fragrance-br/best-expensive-cologne/ | 2022-04-11T06:49:14Z |
FOSTER CITY, Calif., June 1, 2022 /PRNewswire/ -- OrthoTrophix, Inc., a privately held biopharmaceutical company, announced today that the Company will present the latest clinical data and registration plan of TPX-100 in knee osteoarthritis (OA) patients at BIO 2022 (San Diego, CA for June 13 – 16).
The presentation will be made by the company's CEO, Yoshi Kumagai, in Theater 2 at 1:45pm on Tuesday, June 14th. The presentation will include clinical data demonstrating the robust improvements of function, long term pain, and joint structure by TPX-100 treatment, as well as the strong associations between the clinical and structural effects.
"These data are persuasive that TPX-100 affects the critical pathophysiology of knee OA and that it results in striking clinical benefits to the patients," commented Yoshi Kumagai. "I look forward to presenting the breakthrough to the pharmaceutical and investment communities at BIO."
"It has been nearly four years since the FDA revised its OA therapy guidance, removing articular cartilage thickness that had been the agency's 'endorsed' OA biomarker for decades. The clinical results of TPX-100 align with the FDA's latest draft guidance for DMOAD approval," commented Dr. Dawn McGuire, OrthoTrophix' Chief Medical Officer. "We anticipate that TPX-100 will help many of the over 500 million OA patients worldwide who currently have no compelling disease modifying therapy."
OrthoTrophix, Inc., based in the San Francisco Bay Area, California, is a privately held biopharmaceutical company focused on development and commercialization of a first-in-class Disease Modifying Osteoarthritis Drug (DMOAD). Founded by three co-founders in 2011, the primary focus of OrthoTrophix has been regeneration and repair of cartilage and underlying bones in the knee and other joints with its novel proprietary compounds.
This press release contains "forward-looking" statements. These statements involve risks and uncertainties, which may cause results to differ materially from those set forth in the statements. The forward-looking statements include statements regarding product development and cannot be guaranteed. OrthoTrophix undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect OrthoTrophix' business.
Company Contact
Yoshi Kumagai
President and CEO
Tel: (510) 488-3824
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SOURCE OrthoTrophix, Inc. | https://www.kxii.com/prnewswire/2022/06/01/tpx-100-orthotrophix-presents-latest-clinical-data-bio-2022/ | 2022-06-01T12:09:03Z |
Messi reinventing himself in twilight of his career
PARIS (AP) — At 34, Lionel Messi has reinvented himself. He’s no longer the prolific speedy winger of his Barcelona glory days. The Argentina star has lost a bit of pace but compensates with his vision and technique to still have an impact on the game. Messi helped Paris Saint-Germain clinch a record-tying 10th French league title on Saturday by opening the scoring in a 1-1 draw with Lens. This was Messi’s first trophy since leaving Spain last summer. | https://localnews8.com/sports/ap-national-sports/2022/04/23/messi-reinventing-himself-in-twilight-of-his-career/ | 2022-04-23T22:43:14Z |
MIAMI, Aug. 2, 2022 /PRNewswire/ -- Aleph Group, Inc, a leading global enabler of digital advertising in emerging countries, today announced a global sales partnership with Reddit to ensure the success of advertising partners throughout Europe and Central Asia as the platform continues to scale internationally.
The partnership will grant advertisers of all sizes and across all industries in select markets in Europe* and Central Asia** access to Reddit's global advertising opportunities, enabling advertisers to reach Reddit users in their local markets and beyond.
Reddit is home to more than 100,000 passionate communities that cannot be found anywhere else online, and is made up of people actively seeking information through the most open and trusted conversations on the internet. These dynamic communities are devoted to a vast array of passions and interests – from gaming to fashion, entertainment to finance – and represent an unparalleled opportunity for advertisers seeking to engage with audiences that influence behavior, drive decisions and shape culture.
"Our partnership with Aleph will open Reddit's door to advertisers in new and strategic regions, helping to meaningfully connect these partners with their target audiences while delivering on our mission to bring community, belonging and empowerment to everyone in the world," said Reddit EVP and President of Advertising and Sales, Harold Klaje. "We are excited to work with Aleph and leverage their impressive international network to reach even more advertisers globally, and set them up for long term success on our platform."
"Aleph's mission to elevate previously underserved markets and support communities who have had limited access to the global digital ecosystem aligns well with the active participation of Reddit users who visit the platform to exchange ideas, gain new insights and grow their knowledge on their favorite topics. With this new partnership, Reddit also shares our commitment to equalizing the digital advertising industry and creating the opportunity for all people and businesses to thrive," says Gaston Taratuta, CEO of Aleph.
* European markets include: Croatia, Cyprus, Estonia, Latvia, Lithuania, Hungary, Romania, Slovenia, Bulgaria, Czech Republic, Moldova, Slovakia, Poland
** Central Asia markets include: Armenia, Azerbaijan, Georgia, Kazakhstan, Tajikistan, Turkmenistan, Uzbekistan
Press contacts
Press@alephholding.com
About Aleph
Aleph is a leading global enabler of digital advertising connecting thousands of advertisers in emerging countries with the world's leading digital platforms. Aleph represents the world's leading platforms in 90+ markets across the globe where they don't have a physical presence, enabling platforms like Twitter, Meta, Snapchat, and nearly 30+ others to expand into new markets and enabling advertisers to take full advantage of the platforms' advertising capabilities. Through these long-lasting partnerships, Aleph creates the opportunity for all people and businesses to advertise at a local and global level without limits.
Find out more: alephholding.com
About Reddit
Reddit is a community of communities where people can dive into anything through experiences built around their interests, hobbies, and passions. Our mission is to bring community, belonging, and empowerment to everyone in the world. Reddit users submit, vote, and comment on content, stories, and discussions about the topics they care about the most. From pets to parenting, there's a community for everybody on Reddit and with over 50 million daily active uniques, it is home to the most open and authentic conversations on the internet. For more information, visit redditinc.com.
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SOURCE Aleph Group, Inc | https://www.mysuncoast.com/prnewswire/2022/08/02/aleph-reddit-partner-service-advertisers-emerging-markets-throughout-europe-central-asia/ | 2022-08-02T12:48:02Z |
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Activate your digital account | https://www.jacksonsun.com/restricted/?return=https%3A%2F%2Fwww.jacksonsun.com%2Fstory%2Fsports%2Fhigh-school%2F2022%2F04%2F12%2Fjackson-high-school-baseball-rankings-hardin-county-no-1-tssaa%2F9513125002%2F&gnt-tng-s=1 | 2022-04-12T17:30:35Z |
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Today, Modern Aviation announced it has closed the acquisition of the FBO assets and operations at Francis S. Gabreski Airport ("FOK") and Republic Airport ("FRG") from Sheltair Aviation, the nation's largest privately-owned aviation network.
First announced in late third quarter of 2021, the agreement has officially received all government approvals needed to allow Modern Aviation to take over operations at FOK and FRG.
Modern Aviation's CEO, Mark Carmen, said, "We are excited to be closing on our last two acquisitions of Sheltair locations in New York. On behalf of our whole team, I would like to extend a warm welcome to our new teammates and customers to the Modern Aviation family."
All the local Sheltair employees have joined Modern Aviation.
Carmen continued, "We believe that increasing our presence in New York will allow us to better serve our customers in the Northeast. All five of our bases in New York have tremendous growth potential. We look forward to building long-term relationships with Suffolk County and its airport administration and the New York State Department of Transportation and its airport administration and investing in the growth of the airports and communities they serve."
Lisa Holland, President of Sheltair, stated, "Modern Aviation's team of professionals share our commitment to flight safety, service, and a corporate ethic that consistently puts customers first. It should come as no surprise that they have retained our Farmingdale and West Hampton staff to ensure a seamless experience for passengers and pilots and a reputation for outstanding professionalism."
With the closing of these two locations, Modern Aviation operates 12 FBOs in North America, including ILM, APA, BFI, SIG, JFK, LGA, ISP, FOK, FRG, MHR, SAC and SMF.
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 is backed by 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.
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SOURCE Modern Aviation | https://www.kxii.com/prnewswire/2022/09/01/modern-aviation-closes-acquisition-fbo-assets-sheltair-aviation-francis-s-gabreski-republic-airports/ | 2022-09-01T14:10:28Z |
Limited Number of Four-Day Passes Still Available for Event Happening June 22-25
FILER, Idaho, May 26, 2022 /PRNewswire/ -- Country and rock fans rejoice as Gordy's Hwy 30 Music Fest, the four-day concert event and largest in the state of Idaho, returns to the Twin Falls County Fairgrounds Wednesday, June 22 – Saturday, June 25. With headliners like the Turnpike Troubadours and Koe Wetzel, more than 30,000 people from all 50 states and overseas are gearing up to make their way to the tiny town of Filer, in what's already a record sellout for the highly anticipated fest that's earned the nickname "The People's Festival".
With most single-day tickets sold out and only four-day passes remaining, this year's Hwy 30 is expected to be the best yet, a long way from its beginnings as a school fundraiser back in 2009. In addition to a world-class music lineup, concertgoers can expect a step above by way of luxe camping facilities, low-priced concessions, and expanded activities like IV drips and massage sessions.
"We wouldn't be doing this without our fans and volunteers and the people who come back every year and make Hwy 30 the success that it is which is why we do everything in our power to give them the experience that they deserve," said Gordy Schroeder, founder of Hwy 30. "Where else can you go and have a family type of environment while seeing some of the world's biggest bands? We're extremely unique and proud of it."
Each day of Hwy 30 will offer a special tribute to a different group: breast cancer awareness (Wednesday), active military (Thursday), Family Day and truck drivers (Friday), as well as first responders and veterans (Saturday). Four-day passes are available for $299. Tickets available at the gate will go up in price and are not guaranteed. For more information, visit www.hwy30musicfest.com.
About Gordy's Hwy 30 Music Fest
Gordy's Hwy 30 Music Fest is a four-day music event that takes place each June at the Twin Falls County Fairgrounds in Filer, Idaho. Originally created by local Gordy Schroeder as a school fundraiser in 2009, the family-friendly fest now attracts tens of thousands and showcases a collection of country, Americana, rock, and red dirt artists. For more information or to purchase tickets, visit www.hwy30musicfest.com.
Media Contact:
Kristen Skladd
586-222-2423
kristen@andersoncollaborative.com
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SOURCE Hwy 30 Music Fest | https://www.mysuncoast.com/prnewswire/2022/05/26/gordys-hwy-30-music-fest-nears-record-sellout-ahead-return-twin-falls-idaho-june/ | 2022-05-26T13:28:32Z |
SEOUL, South Korea, July 26, 2022 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) reported today revenues of 13.81 trillion won, operating profit of 4.19 trillion won (with operating margin of 30%), and net income of 2.88 trillion (with net income margin 21%) in the second quarter of 2022.
The company achieved record high quarterly sales along with operating profits over 4 trillion won.
This is the first time that SK hynix has posted revenues over 13 trillion won in a single quarter. Previously, the company's highest quarterly revenues were 12.38 trillion won, recorded in the fourth quarter of 2021.
"Although DRAM product prices fell during the second quarter, revenues increased as NAND prices rose and overall sales volume increased," the company said. "Continued rise of the US dollar and the addition of Solidigm's sales also worked as positive factors for the quarterly revenue."
In addition, the company recovered an operating profit over 4 trillion won and an operating profit margin of 30% after two quarters following the fourth quarter of last year**. This is attributable to the improvement in profitability as the yield rate of the flagship products, the 1anm DRAM and 176-layer 4D NAND, has improved.
"It is meaningful to have achieved excellent business performance despite the difficult business environment such as global inflation, prolonged conflicts between Russia and Ukraine, and COVID-19 lockdown in certain regions of China," the company added.
However, SK hynix predicted that memory demand would slow in the second half of the year. This is because shipments of PCs and smartphones that contain memory are expected to become lower than initially predicted. In addition, the demand for server memory supplied to data center customers is also likely to slow as customers will consume their inventories preferentially. However, the company expects that the memory demand for data centers will grow steadily in mid- to long-term.
Regarding the future business plan, SK hynix stated that it would carefully review next year's investment plan while monitoring product inventory levels in the second half of the year.
"Although the uncertainty of the business environment has increased recently, we are confident in the long-term growth potential of the memory industry," said Kevin (Jongwon) Noh, president & chief marketing officer (CMO) at SK hynix. "We will focus on increasing fundamental business competitiveness while flexibly adapting to changes in the business environment."
- 2Q22 Financial Results (K-IFRS)
- The financial information of the earnings is written based on K-IFRS.
Please note that the financial results discussed herein are preliminary and speak only as of June 30, 2022. Readers should not assume that this information remains operative at a later time. In addition, this information may include forward-looking statements that involve a variety of risks and uncertainties that could cause actual results to differ materially. For further discussion of these risks and uncertainties, readers should refer to SK hynix Inc.'s filings with the Korea Exchange. This document is neither an offer to sell nor a solicitation of an offer to sell any security of SK hynix Inc.
About SK hynix Inc.
SK hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), flash memory chips ("NAND flash") and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.
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SOURCE SK hynix Inc. | https://www.kxii.com/prnewswire/2022/07/26/sk-hynix-inc-reports-second-quarter-2022-results/ | 2022-07-27T00:24:35Z |
Q2 2022 Wholesale Revenue Increased 117% Compared to Q2 2021
Q2 2022 General and Administrative Expense Decreased 57% Compared to Q2 2021
CEO Parimal Rana Provides Update on VERY GOOD's Refocused Strategy
VANCOUVER, BC , Aug. 15, 2022 /PRNewswire/ - The Very Good Food Company Inc. (NASDAQ: VGFC) (TSXV: VERY) (FSE: OSI) ("VERY GOOD" or the "Company"), a leading plant-based food technology company, today reported its financial results for the second quarter ended June 30, 2022.
Financial Highlights
- Revenue decreased $1,279,215 or 46% to $1,501,446 in Q2 2022, compared to $2,780,681 in the same period in 2021. The decrease in revenue was driven by a decrease of $1,825,436 in eCommerce sales, offset by an increase of $523,223 in wholesale revenue.
- Wholesale revenue increased 117% to $987,278 in Q2 2022 as compared to the same quarter last year due to an increase in the number of stores and distribution points as well as increased unit velocities on core and new items.
- eCommerce revenue decreased 83% to $380,967 in Q2 2022 as compared to the same period last year due to the Company's strategic decision to limit its eCommerce sales due to high digital marketing costs to acquire new customers, lowered production and headcount at some locations to manage inventory levels. VERY GOOD is focusing on its wholesale and foodservice channels and is evaluating potential exit plans for its eCommerce business.
- General and administrative expense ("G&A expense") decreased $3,899,256 or 57% to $2,935,624 in Q2 2022 compared to $6,834,880 in Q2 2021. Excluding share-based compensation and depreciation expense, adjusted general and administrative expense decreased $1,563,585 or 28% to $4,038,034 in Q2 2022 compared to $5,601,619 in Q1 2022. The decrease in adjusted general and administrative expense was primarily driven by a decrease in salaries and wages.
- Adjusted general and administrative expense ("Adjusted G&A Expense")1 increased $1,829,479 or 183% to $4,038,034 in Q2 2022, compared to $2,208,555 in Q2 2021. The increase in adjusted general and administrative expense was primarily driven by increased legal and professional fees of $1,036,165, increased insurance fees of $659,708 due to increases in director and officer insurance as a result of the Company's Nasdaq listing, increased wages and benefits of $616,539 due to higher head count and offset by a decrease in recruitment fees of $139,543.
- Net loss decreased 46% to $(6,699,130) in Q2 2022 compared to $(12,500,733) in Q2 2021.
- Adjusted EBITDA2 was a loss of $(7,028,270) in Q2 2022 compared to $(5,673,109) in Q2 2021, and $(9,991,892) in Q1 2022.
Cash and Liquidity Update
As of June 30, 2022, the Company had cash and cash equivalents of $6,156,414, a reduction of $15,819,239 from $21,975,653 as of December 31, 2021. This decrease is primarily related to the Company's greater than expected cash burn during the quarter. As of the date of this MD&A, the Company's cash balance is approximately $3.2 million to settle current accounts payable and accrued liabilities of approximately $4.3 million. The Company will need to seek additional financing by the end of September to fulfil its outstanding obligations and fund ongoing operations and will be required to obtain subsequent financings in future periods. To address its lack of necessary liquidity, the Company has reduced its cash outflow related to paying trade payables while it evaluates its financing options. The Company is also continually evaluating other alternatives of generating cash in the short term such as disposing of non-core equipment and certain raw material inventory to extend the current cash runway. There can be no assurance that disposing of non-core equipment and certain raw material inventory will be successful. While there is no assurance on the availability of the Company's future financings, on acceptable terms, or at all, the Company currently believes that it will be able to raise capital through financing in the near term to fund operations as it continues to implement its new refocused strategy.
Q2 2022 Operational and Corporate Strategy Update
As of August 15, 2022, the Company has ceased regular operations at the Victoria Facility, Fairview Facility, and Patterson Facility and consolidated operations into the Rupert Facility. The Company closed the Victoria Flagship Store in June 2022 and has terminated the lease for the planned location of the Mount Pleasant Flagship Store. The Company made these decisions in an effort to improve production efficiencies and reduce overhead.
During the six-month period ended June 30, 2022, VERY GOOD made the strategic shift to focus on sustainable growth and a path to profitability as opposed to solely focusing on top line growth. As part of this shift, VERY GOOD decided to limit its eCommerce sales due to high digital marketing costs to acquire new customers, lowered production, and headcount at some locations to manage inventory levels, implemented initiatives such as pausing non-critical capital expenditures and lowering general and administrative expenses.
VERY GOOD has reduced its work force to core management teams with plant staff and overall head count has decreased to approximately 100 from 260 during first half of 2022 as a result of both terminations and employee resignations. The Company has granted stock options as a retention tool to help reduce employee turnover. The Company will continue to review its departments to find efficiencies and will manage inventory levels to only purchase essential raw materials.
VERY GOOD intends to continue to focus on the wholesale and food service channels, particularly in the United States, which it views as critical to realizing its vision to scale the Company.
On June 2, 2022, VERY GOOD closed a private placement offering with an institutional investor for gross proceeds of $8,184,762 (US$6,500,000) consisting of 13,100,000 common shares, 19,400,000 common share equivalents, and 32,500,000 share purchase warrants. In connection with the offering, the Company incurred share issuance costs of $936,659.
On June 23, 2022, VERY GOOD increased U.S. retail expansion via a new agreement with superstore chain Meijer Inc. (Meijer). With 262 supercenters and grocery stores throughout Michigan, Illinois, Indiana, Ohio, and Wisconsin, Meijer's robust Midwest presence represents significant progress towards VERY GOOD's objective to extend its brand and offer products in every major city across the United States.
On July 7, 2022, VERY GOOD increased U.S. retail expansion via a new agreement with The Giant Company ("Giant"). With Giant's presence throughout Pennsylvania, Maryland, Virginia, and West Virginia as well as online shopping and delivery to New Jersey, this retail distribution significantly expands VERY GOOD'S product availability on the U.S. Eastern Seaboard.
On July 27, 2022, VERY GOOD announced further expansion into the Eastern U.S. retail environment with Weis Markets, Inc. ("Weis"). Weis owns and operates 196 supermarkets throughout Pennsylvania, Delaware, Maryland, New York, New Jersey, Virginia, and West Virginia and also offers online shopping and delivery to Pennsylvania. This additional retail distribution further extends VERY GOOD's product availability in the United States.
On August 15, 2022, VERY GOOD announced that the Company was awarded the Food Network Supermarket Award for our A Cut Above Pork in the "Most Noteworthy Vegan Newcomers" category.
Management Changes
On July 4, 2022, VERY GOOD announced that as part of its succession plan, Matthew Hall has stepped down as interim Co-Chief Executive Officer and as a director of the Company but will continue to support VERY GOOD in an advisory capacity. Parimal Rana, a seasoned food industry professional who had been serving as VERY GOOD's Vice President of Operations, assumed the role of Chief Executive Officer ("CEO") and joined VERY GOOD's board of directors ("Board").
On July 12, 2022, VERY GOOD announced the appointment of a new Chief Financial Officer ("CFO"), Pratik Patel, CPA, CGA. Pratik commenced employment as CFO of VERY GOOD on July 25, 2022. He has over fifteen years of experience as a senior accounting and finance professional, with expertise in integration and external report.
Effective August 19, 2022, Kevin Callaghan, Vice President of Sales – North America of VERY GOOD will be resigning from his position. With its existing sales team including Michael Hoeksema, Director of Foodservice Sales, VERY GOOD believes it is still well positioned to continue its planned market advancements in the immediate term – with potential augmentations or additions to the sales team as needed. VERY GOOD wishes Kevin the best in his future endeavors.
Nasdaq Listing Notification
On January 11, 2022, VERY GOOD received notification from the Listing Qualifications Department of Nasdaq that, for the previous 30 consecutive business days, the bid price of the Common Shares had closed below the minimum US$1.00 per share requirement for continued inclusion on the Nasdaq pursuant to Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule"). On July 11, 2022, VERY GOOD was granted an additional 180-day period from Nasdaq's Listing Qualification Department or until January 9, 2023, to regain compliance with the minimum US$1 bid price requirement for continued listing on The Nasdaq Capital Market. The Nasdaq notification has no immediate effect on the listing of the Common Shares. VERY GOOD is also listed on the TSXV and the notification does not affect the Company's compliance status with such listing. Nasdaq informed VERY GOOD in the July 11 notification, that if compliance cannot be demonstrated by January 9, 2023, Nasdaq will provide written notification that VERY GOOD's securities will be delisted – at which time, the Company may appeal Staff's determination to a Hearings Panel (the "Panel").
Nasdaq's determination of VERY GOOD'S eligibility for an additional 180 calendar day period during which the Company can regain compliance, was based on VERY GOOD meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the Capital Market with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary.
Refocused Strategy
The Company continues to implement its three-prong approach to (1) Stabilize, (2) Right-Size, and (3) Optimize, first announced in May 2022. The Board and its strategic advisors are focused on the stabilization prong and the management team, led by the CEO Parimal Rana, are executing to Right-Size and Optimize. The Right-Sizing efforts have mostly been completed with the closure of the restaurant operations and consolidation of production facilities into the Rupert Facility. With the re-focusing of sales away from eCommerce and toward wholesale and food service the Company is also reviewing strategic private label and co-manufacturing opportunities to fill excess production capacity and increase revenue.
The Company's long-term strategy is anticipated to continue to center around establishing and maintaining strong relationships with its customers through differentiated products, categories and channels that build our commitment to long-term profitable growth
CEO Parimal Rana commented on VERY GOOD's second quarter results and the current state of the organization. "In Q2 2022 We made notable progress toward our initiative to stabilize, right-size and optimize the business. We recognize that the hard work is not over, and we are still completely focused on forging a path toward profitability and growth by leveraging our track record of innovation and our clean, plant-based products that are well received by vegan as well as flexitarian consumers. It's never easy to report a sequentially down quarter, but the growth we are seeing in wholesale revenue, as well as some of our more recent wins are encouraging validation of our new strategic initiative to focus on the wholesale and foodservice channels. We are positioning ourselves to be on the leading edge of the plant-based-foods market recovery and future growth opportunity."
The management's discussion and analysis for the period and the accompanying financial statements and notes will be available under the Company's profile on SEDAR at www.sedar.com and will be furnished on a Report on Form 6-K on EDGAR at www.sec.gov.
Q2 2022 Conference Call Details
VERY GOOD will host a conference call on Tuesday, August 16, 2022, at 5:00 pm Eastern Time/ 2:00 pm Pacific Time to discuss its financial results and business outlook.
Participant Dial-In Numbers:
Toll-Free: 1-877-425-9470
Toll / International: 1-201-389-0878
* Participants should request The Very Good Food Company Second Quarter Earnings Call.
The call will be available via webcast on VERY GOOD's investor page of the Company website at https://investor.theverygoodfood.co/ until September 16, 2022.
Condensed Interim Consolidated Statements of Financial Position
(Expressed in Canadian dollars, unaudited)
Condensed Interim Consolidated Statements of Net Loss and Comprehensive Loss
(Expressed in Canadian dollars, unaudited)
Condensed Interim Consolidated Statements of Cash Flows
(Expressed in Canadian dollars, unaudited)
NON-IFRS FINANCIAL MEASURES
Non-IFRS financial measures are metrics used by management that do not have any standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other companies.
Adjusted EBITDA
Management defines adjusted EBITDA as net loss before finance expense, tax, depreciation and amortization, share-based compensation and other non-cash items, including loss on disposal of equipment, gain on termination of leases, and shares, units and warrants issued for services. Management believes adjusted EBITDA is a useful financial metric to assess its operating performance because it adjusts for items that either do not relate to the Company's underlying business performance or that are items that are not reasonably likely to recur.
Adjusted General and Administrative Expense
Management defines adjusted general and administrative expense as general and administrative expense excluding non-cash items such as share-based compensation and depreciation expense. Management believes adjusted general and administrative expense provides useful information as it represents the corporate costs to operate the business excluding any non-cash items.
The VERY GOOD Food Company Inc. is an emerging plant-based food technology company that produces nutritious and delicious plant-based meat and cheese products under VERY GOOD's core brands: The VERY GOOD Butchers and The VERY GOOD Cheese Co. www.verygoodfood.com.
OUR MISSION IS LOFTY BUT BEAUTIFULLY SIMPLE: GET MILLIONS TO RETHINK THEIR FOOD CHOICES WHILE HELPING THEM DO THE WORLD A WORLD OF GOOD. BY OFFERING PLANT-BASED FOOD OPTIONS SO DELICIOUS AND NUTRITIOUS, WE'RE HELPING THIS KIND OF DIET BECOME THE NORM.
ON BEHALF OF THE VERY GOOD FOOD COMPANY INC.
Parimal Rana
Chief Executive Officer
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities laws in Canada and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934, as amended (collectively referred to as "forward-looking information"), for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Forward-looking information may be identified by words such as "plans", "proposed", "expects", "anticipates", "intends", "estimates", "may", "will", and similar expressions. Forward-looking information contained or referred to in this news release includes, but is not limited to: the Company's ability to satisfy its existing and future cash obligations and to continue as a going concern; the Company's plans and needs to seek a financing to address near-term liquidity issues and continue operations, as well as the Company's requirements for future financings; the Company's belief that it will be able to raise capital through financing in the near term to fund operations as it continues to implement its new refocused strategy; the Company's plans to manage inventory levels and its ongoing cost-reduction initiatives to manage both short and long-term liquidity and re-establish a path towards profitability; the Company's refocused strategy and its three-prong approach to (1) Stabilize, (2) Right-Size, and (3) Optimize and the Board of Directors' and management's work and progress on successfully implementing such refocused strategy; the focus of the Company's long-term strategy; the Company's ongoing review of its eCommerce channel and the potential outcome of such review; potential strategic private label and co-manufacturing opportunities and the expected benefits that may be derived therefrom; the Company's focus on the wholesale and food service channels; the availability of alternatives of generating cash in the short term such as disposing of non-core equipment and raw materials to extend the Company's cash runway; the continued North American retail geographic expansion for VERY GOOD's products and the abilities of the Company's sales team: the Company's ability to compete; trends and growth expectations in the plant-based industry; and the impact of the COVID-19 pandemic on VERY GOOD's business; the Company's ability to mitigate employee turnover. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information, but which may prove to be incorrect including, but not limited to, material assumptions with respect to the Company's ability to continue as a going concern; the Company's ability to manage recent personnel changes; which is available at www.sedar.com and www.sec.gov. The Company's ability to execute on its strategy may also depend on the Company's ability to accurately forecast customer demand for its products and manage its current and future inventory levels, continued demand for VERY GOOD's products, continued growth of the popularity of meat alternatives and the plant-based food industry, no material deterioration in general business and economic conditions, the successful placement of VERY GOOD's products in retail stores and distribution in the food service channel, the Company's ability to remain listed on the Nasdaq, VERY GOOD's ability to successfully enter new markets, VERY GOOD's ability to obtain necessary production equipment and human resources as needed, VERY GOOD's relationship with its suppliers, distributors and third-party logistics providers, and management's ability to position VERY GOOD competitively. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because VERY GOOD can give no assurance that such expectations will prove to be correct. Risks and uncertainties that could cause actual results, performance or achievements of VERY GOOD to differ materially from those expressed or implied in such forward-looking information include, among others, the impact of, uncertainties and risks associated with negative cash flow and future financing requirements to sustain and grow operations, limited history of operations and revenues and no history of earnings or dividends, competition, risks relating to the availability of raw materials, risks relating to regulation on social media, expansion of facilities, risks related to credit facilities, dependence on senior management and key personnel, availability of labor, general business risk and liability, regulation of the food industry, change in laws, regulations and guidelines, compliance with laws, risks related to third party logistics providers, unfavorable publicity or consumer perception, increased costs as a result of being a United States public company, product liability and product recalls, risks related to intellectual property, risks relating to co-manufacturing, risks related to expansion into the United States; risks related to our acquisition strategy, taxation risks, difficulties with forecasts, management of growth and litigation as well as the risks associated with the ongoing COVID-19 pandemic. For a more comprehensive discussion of the risks faced by VERY GOOD, please refer to VERY GOOD's most recent Annual Information Form filed with Canadian securities regulatory authorities at www.sedar.com and as an exhibit to the Form 20-F filed with the SEC on May 26, 2022 and available at www.sec.gov. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available. Any forward-looking information speaks only as of the date of this news release. VERY GOOD undertakes no obligation to publicly update or revise any forward-looking information whether because of new information, future events or otherwise, except as otherwise required by law. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.
None of the Nasdaq Stock Market LLC, TSX Venture Exchange, the SEC or any other securities regulator has either approved or disapproved the contents of this news release.
None of the Nasdaq, the TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), the SEC or any other securities regulator accepts responsibility for the adequacy or accuracy of this news release.
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SOURCE The Very Good Food Company Inc. | https://www.wibw.com/prnewswire/2022/08/15/very-good-food-company-reports-second-quarter-2022-financial-results/ | 2022-08-16T00:59:24Z |
SOLANA BEACH, Calif., June 27, 2022 /PRNewswire/ -- Sentynl Therapeutics, Inc. (Sentynl), a U.S. based biopharmaceutical company focused on bringing innovative therapies to patients living with rare diseases owned by Zydus Lifesciences Ltd. (formerly known as Cadila Healthcare Ltd.), today announced that NULIBRY (fosdenopterin) was honored with a 2022 Industry Innovation Award by the National Organization for Rare Disorders (NORD). The award was given to BridgeBio Pharma, Inc. (NASDAQ: BBIO), which developed NULIBRY, at the NORD 2022 Rare Impact Awards virtual event on June 26, 2022. Sentynl acquired global rights to NULIBRY from BridgeBio earlier this year.
The NORD Rare Impact Awards celebrate the individuals, groups, and companies making extraordinary contributions to the lives of rare disease patients and caregivers. NORD is the leading independent advocacy organization committed to the identification, treatment, and cure of rare disorders through programs of education, advocacy, research, and patient services.
"We congratulate BridgeBio for their achievements and are proud to continue serving MoCD Type A patients and their caregivers," said Matt Heck, founder and CEO of Sentynl.
MoCD Type A is an autosomal recessive, inborn error of metabolism caused by mutations in the molybdenum cofactor synthesis 1 gene and characterized by a deficiency in molybdenum cofactor production, leading to a lack of molybdenum-dependent enzyme activity.1,2 The lack of activity leads to decreased sulfite oxidase activity with buildup of sulfite and secondary metabolites (such as S-sulfocysteine) in the brain, which causes irreversible neurological damage.2
MoCD Type A is an ultra-rare disease. The incidence and prevalence of MoCD Type A in the United States are not known, but the estimated incidence is 1 per 342,000 to 411,000 live births (0.24 and 0.29 per 100,000).3 Based on these estimates, MoCD Type A is likely to be underdiagnosed, with an estimated 22 to 26 missed diagnoses per year in the United States and European Union.
The most common presenting symptoms of MoCD Type A are seizures, feeding difficulties and encephalopathy. Patients with MoCD Type A who survive beyond infancy typically suffer from progressive brain damage, which presents in characteristic patterns on magnetic resonance imaging (MRI). This damage leads to severe psychomotor impairment and an inability to make coordinated movements or communicate with their environment.
NULIBRY® (Fosdenopterin) for Injection is a substrate replacement therapy that provides an exogenous source of cPMP, which is converted to molybdopterin. Molybdopterin is then converted to molybdenum cofactor, which is needed for the activation of molybdenum-dependent enzymes, including sulfite oxidase, an enzyme that reduces levels of neurotoxic sulfites. It is the first and only FDA-approved therapy indicated to reduce the risk of mortality in patients with MoCD Type A, and clinical trials have demonstrated that patients treated with NULIBRY® or rcPMP had an improvement in overall survival compared to the untreated, genotype-matched, historical control group.
NULIBRY is indicated to reduce the risk of mortality in patients with molybdenum cofactor deficiency (MoCD) Type A.
WARNINGS AND PRECAUTIONS
Potential for Photosensitivity
NULIBRY can make the patient oversensitive to sunlight. NULIBRY-treated patients or their caregivers are advised to avoid or minimize patient exposure to sunlight and artificial UV light and adopt precautionary measures when exposed to the sun, including wearing protective clothing and sunglasses, and use broad-spectrum sunscreen with high SPF in patients 6 months of age and older. If photosensitivity occurs, caregivers/patients are advised to seek medical attention immediately and consider a dermatological evaluation.
The most common adverse reactions in NULIBRY-treated patients were infusion catheter–related complications (89%), pyrexia (fever) (78%), viral infection (56%), pneumonia (44%), otitis media (ear infection) (44%), vomiting (44%), and cough/sneezing (44%). Adverse reactions for rcPMP-treated patients were similar to the NULIBRY-treated patients.
Please read the FDA-approved NULIBRY Prescribing Information and Instructions for Use and follow the instructions on how to prepare and administer NULIBRY.
NULIBRY has a potential for photosensitivity; see Warnings and Precautions. Seek medical attention immediately if the patient develops a rash or if they notice symptoms of photosensitivity reactions (redness, burning sensation of the skin, blisters).
You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch, or call 1-800-FDA-1088.
1Mechler K et al. Genet Med. 2015;17(12):965-970.
2Schwarz G. Cur Op in Che Bio. 2016;31:179-187.
3Mayr SJ, et al. Forecasting the incidence of rare diseases: an iterative computational and biochemical approach in molybdenum cofactor deficiency type A. Presented at the 2019 SSIEM meeting; September 3-6, 2019; Rotterdam, The Netherlands.
Sentynl Therapeutics is a U.S.-based biopharmaceutical company focused on bringing innovative therapies to patients living with rare diseases. The company was acquired by the Zydus Group in 2017. Sentynl's highly experienced management team has previously built multiple successful pharmaceutical companies. With a focus on commercialization, Sentynl looks to source effective and highly differentiated products across a broad spectrum of therapeutic areas to address unmet needs. Sentynl is committed to the highest ethical standards and compliance with all applicable laws, regulations, and industry guidelines. For more information, visit www.sentynl.com.
The Zydus Group, with an overarching purpose of empowering people with freedom to live healthier and more fulfilled lives, is an innovative, global pharmaceutical company that discovers, develops, manufactures, and markets a broad range of healthcare therapies. The group employs over 23,000 people worldwide and is driven by its mission to unlock new possibilities in life-sciences through quality healthcare solutions that impact lives. The group aspires to become a global life-sciences company transforming lives through pathbreaking discoveries. For more information, visit https://www.zyduslife.com/zyduslife/.
For more information:
Michael Hercz
ir@sentynl.com
888-507-5296
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SOURCE Sentynl Therapeutics | https://www.mysuncoast.com/prnewswire/2022/06/27/national-organization-rare-disorders-nord-honors-nulibry-fosdenopterin-treatment-molybdenum-cofactor-deficiency-mocd-type-with-2022-industry-innovation-award/ | 2022-06-27T14:44:43Z |
William Byron races to first NASCAR Truck win since 2016
MARTINSVILLE, Va. (AP) — William Byron raced to his first NASCAR Truck Series victory since 2016 on Thursday night at Martinsville Speedway. Byron, in just his second Truck Series start since 2016, led a race-high 94 of the 200 laps and grabbed the lead after Stage 2. Byron outdueled Johnny Sauter and Kyle Busch down the stretch for his eighth career victory in the series — with seven coming in a dominating 2016 season. Sauter was second, trailing Byron by 1.138 seconds, for his 11th career top-five finish at Martinsville. Busch finished third in the third of his five series races this season. John Hunter Nemechek was fourth and Truck Series champion Ben Rhodes fifth after taking Stage 2. | https://localnews8.com/sports/ap-national-sports/2022/04/07/william-byron-races-to-first-nascar-truck-win-since-2016/ | 2022-04-08T05:33:03Z |
JACKSONVILLE, Fla., July 19, 2022 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF) (the "Company"), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through FNF's wholly-owned subsidiary, F&G, will release second quarter 2022 earnings after the close of regular market trading on Tuesday, August 2, 2022. A conference call to discuss the results will follow at 11:00 a.m. Eastern Time on Wednesday, August 3, 2022. Those wishing to participate via the webcast should access the call through FNF's Investor Relations website at www.fnf.com. Those wishing to participate via the telephone may dial-in at 1-877-407-0784 (USA) or 1-201-689-8560 (International). The conference call replay will be available via webcast through FNF's Investor Relations website at www.fnf.com. The telephone replay will be available from 2:00 p.m. Eastern Time on August 3, 2022, through August 10, 2022, by dialing 1-844-512-2921 (USA) or 1-412-317-6671 (International). The access code will be 13730096.
Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. More information about FNF can be found at www.fnf.com.
F&G is part of the FNF family of companies. F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit www.fglife.com.
FNF-G
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SOURCE Fidelity National Financial, Inc.; FGL Holdings | https://www.wibw.com/prnewswire/2022/07/19/fidelity-national-financial-announces-second-quarter-2022-earnings-release-conference-call/ | 2022-07-19T21:16:40Z |
Hyatt will utilize the powerful IDeaS product suite to provide next-generation commercial capabilities
MINNEAPOLIS, Aug. 11, 2022 /PRNewswire/ -- IDeaS, the leading provider of hospitality revenue optimization software and services, announced today a global collaboration with Hyatt to power Hyatt's commercial revenue platform. Hyatt will deploy IDeaS' suite of products globally as a key component in the evolution of its commercial stack.
A leading hospitality company with more than 1,150 hotels globally, Hyatt will leverage the breadth of IDeaS' suite of products to embark on a journey towards profit optimization, developing strategic workflows and modular-based personas to drive best-in-class adoption across their global portfolio.
- Best-in-class modularity and flexibility — IDeaS' industry-leading technology and service approach will enable Hyatt to support the complex needs of its hotel portfolio and ownership types. The platform factors in the unique qualities and differences of each property to operationalize across the brand.
- Automation equals profit — This data-driven approach will empower Hyatt to strategically drive performance and profit across its vast portfolio by focusing on AI-driven opportunities in today's increasingly complex travel landscape.
- Organizational growth empowered by innovation — IDeaS' history of innovation delivers against Hyatt's need for next-level organizational empowerment, leveraging capabilities such as guest, group, and events space profit optimization, streamlined financial forecasting capabilities, and powerful enterprise BI solutions.
- Drive collaboration across commercial teams — Dedicated training and enablement efforts will ensure that colleagues at each property engage in the set-up and configuration process unique to their business needs, a process that is critical to the success of the system.
Michael Klein, vice president of global revenue management, Hyatt, said: "At Hyatt, we offer the benefits of a global network yet remain nimble enough to create true personal connections. Collaborating with a known innovator and disruptor in the revenue management space like IDeaS alongside Hyatt's unique vision for innovative capabilities can create a differentiating value proposition for Hyatt owners and operators and make it easier for property colleagues to focus on what they do best – care for guests and customers."
Sanjay Nagalia, co-founder and chief operating officer, IDeaS, said: "We are excited to be a part of the transformation of Hyatt's commercial revenue platform at a moment of unparalleled opportunity. As the recovery in travel broadens and new toolsets emerge, we are pleased to bring IDeaS' market-leading automation, pricing approach, and a singular focus on holistic, profit optimization to Hyatt's portfolio of properties."
The term "Hyatt" is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates. For more information, please visit www.hyatt.com.
IDeaS, a SAS company, is the world's leading provider of commercial and revenue management software and services. With over 30 years of expertise, IDeaS delivers revenue science to more than 18,000 clients in 145 countries. Combining industry knowledge with innovative, data-analytics technology, IDeaS creates sophisticated yet simple ways to empower revenue leaders with precise, automated decisions they can trust. Results delivered. Revenue transformed. Discover greater profitability at ideas.com.
Press Contact:
Kim Dearborn
kim@mfcpr.com
+1-909-455-4316
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SOURCE IDeaS, a SAS company | https://www.mysuncoast.com/prnewswire/2022/08/11/ideas-announces-hyatt-will-deploy-ideas-platform-across-global-portfolio/ | 2022-08-11T12:52:51Z |
(KTLA) – Actress Anne Heche likely died as a result of the fire that broke out after her car crashed into a home earlier this month, authorities say.
Her death about a week after the fiery wreck in Mar Vista was due to smoke inhalation and “thermal injuries,” the Los Angeles County Coroner announced Wednesday. The coroner added that the manner of death was an “accident,” and that Heche suffered a “sternal fracture due to blunt trauma.”
Witnesses recorded video of Heche speeding through city streets before crashing into the two-story home and sparking a fire on August 5. A Venice salon owner spoke with Nexstar’s KTLA, saying Heche had visited his store minutes before the crash.
Authorities believe Heche was under the influence of cocaine and possibly other drugs at the time of the crash, TMZ reported over the weekend.
Heche was removed from life support on Sunday after her organs were harvested for donation. She was 53.
The Ohio native, who won an Emmy Award for the NBC soap opera “Another World,” was also known for roles in movies “Donnie Brasco” and “Six Days, Seven Nights,” as well as her high-profile relationship with Ellen DeGeneres.
After her split from DeGeneres, Heche was hospitalized after knocking on the door of a stranger in a rural area near Fresno, California. Authorities said she had appeared shaken and disoriented, and spoke incoherently to the residents.
In her memoir “Call Me Crazy,” Heche talked about her lifelong struggles with mental health and a childhood of abuse.
Over the past two decades, Heche’s career pivoted several times. In 2017, she hosted a weekly radio show on SiriusXM with Jason Ellis called “Love and Heche.”In 2020, Heche made her way into the podcast world. She launched “Better Together” which she cohosted alongside Heather Duffy Boylston. The show was described as a way to celebrate friendship.
She also worked in smaller films, on Broadway, and on TV shows. She recently had recurring roles on the network series “Chicago P.D.,” “All Rise,” and was a contestant on Season 29 “Dancing With the Stars.”
Heche was married to camera operator Coleman Laffoon from 2001 to 2009. The two had a son, Homer, together. She had another son, named Atlas, during a relationship with actor James Tupper, her co-star on the TV series “Men In Trees.” | https://cw33.com/news/nexstar-media-wire/anne-heches-cause-of-death-revealed/ | 2022-08-18T00:57:07Z |
The flavors are formulated with expertly sourced adaptogens to enhance your mind and body
LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- Life & Purpose Coach, #1 New York Times Bestselling Author and Podcast Host, Jay Shetty, and his wife, Plant-Based Recipe Developer and Fitness & Well-being Enthusiast, Radhi Devlukia-Shetty, announced today the launch of JOYO, their new line of adaptogenic sparkling teas. Available in all Erewhon stores, JOYO's functional teas are powered by adaptogens - botanicals to enhance your mind and body.
The functional beverage market is rapidly growing and projected to reach $68.9 billion by 2027 with the RTD tea industry expected to reach $38.9 billion by 2027. As the popularity of canned beverages continues to skyrocket, JOYO's sparkling teas offer a premier way for tea drinkers to enjoy their favorite healthy beverage while catering to the modern, grab-and-go lifestyle. JOYO's teas are available in five purposeful blends: Unsweetened Black Tea, Raspberry Black Tea, Black Tea with Lemon, Peach Black Tea and Tropical Green Tea. Each tea is crafted with ayurvedic ingredients and a proprietary blend of five expertly sourced adaptogens including:
- L -Theanine: An adaptogenic amino acid that naturally occurs in green + black tea and increases serotonin + dopamine, helping balance your mind.
- Lion's Mane Mushroom: An adaptogenic mushroom that has been used for centuries in Chinese medicine. Lion's Mane helps increase cognitive function, helping to combat mild stress and temporary anxiety.
- Reishi Mushroom: An adaptogenic mushroom that helps combat daily fatigue, and increase antioxidant support in the body.
- Panax Ginseng: An adaptogenic herb that has been used to improve cognitive function, specifically short term memory & even increase athletic endurance.
- Acerola Cherry Extract: An adaptogenic superfood known for its incredible Vitamin C and Antioxidant properties.
"As life-long tea drinkers, we are thrilled to offer modern consumers a more convenient and portable way to enjoy tea. With the word joy repeatedly coming up in our initial conversations for the brand, we came up with the name JOYO to encapsulate this celebratory feeling," shared Radhi-Devlukia Shetty, Co-Founder of JOYO.
To celebrate the launch, a JOYO-branded truck will be popping up at Erewhon locations within Jay and Radhi's hometown of Los Angeles from August 19-21st to introduce consumers to the brand. JOYO was created with the intention of enjoying the teas together as a community and the team will connect and offer complimentary samples to LA residents throughout the weekend.
"We created JOYO for the health conscious consumer with the goal of enhancing their body and mind and we feel Erewhon is the perfect retail partner for our initial launch. We love everything that they stand for and how they have built a brand that offers exceptional products and creates healthier communities," shared Jay Shetty, Co-Founder of JOYO.
"With a growing demand from consumers, JOYO is perfectly positioned to disrupt the category by offering an affordable, functional sparkling canned tea crafted with adaptogenic benefits and organic good-for-you ingredients," stated Kim Perell, the CEO and Founder of 100.co, an AI-powered consumer brand group that partnered with Jay and Radhi to create JOYO.
The new sparkling teas are available for $3.49 a can at all seven Erewhon stores. For more information, check out www.joyotea.com and @drinkjoyo.
ABOUT JOYO:
Launched in August 2022, JOYO is a new sparkling adaptogenic tea brand from Life & Purpose Coach, #1 New York Times Bestselling Author and Podcast Host, Jay Shetty, and his wife, Plant-Based Recipe Developer and Fitness & Well-being Enthusiast, Radhi Devlukia-Shetty. As life-long tea drinkers, the couple curated five purposeful blends made with ayurvedic ingredients and a proprietary blend of expertly sourced adaptogens to provide consumers with organic delicious iced teas to enhance the mind and body. For more information, visit www.joyotea.com
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SOURCE JOYO | https://www.wibw.com/prnewswire/2022/08/16/jay-radhi-devlukia-shetty-introduce-joyo-line-adaptogenic-sparkling-teas-now-available-erewhon/ | 2022-08-16T16:16:38Z |
Russian missiles strike Kyiv, shattering sense of calm
KYIV, Ukraine (AP) - Russia’s defense ministry said a barrage of airstrikes on Ukraine’s capital destroyed tanks donated by the West and other armor in an attack on Sunday that shattered five weeks of eerie calm in Kyiv, as President Vladimir Putin warned the West about supplying long-range rocket systems to Ukraine.
Putin said that Moscow would hit targets “we haven’t yet struck” if it went ahead with such deliveries. It wasn’t immediately clear if Putin was referring to new targets within or outside Ukraine’s borders.
Russian forces pounded railway facilities and other infrastructure early Sunday in the capital, Kyiv. Ukraine’s nuclear plant operator, Energoatom, said one cruise missile buzzed the Pivdennoukrainsk nuclear plant, about 350 kilometers (220 miles) to the south, on its way to the capital — citing the dangers of such a near miss.
There was no immediate confirmation from Ukraine that the Russian airstrikes had destroyed tanks.
Kyiv hadn’t faced any such strikes since the April 28 visit of U.N. Secretary-General António Guterres. The early morning attack triggered air raid alarms and showed that Russia still had the capability and willingness to hit at Ukraine’s heart since abandoning its wider offensive across the country to instead focus its efforts in the east.
The strikes appeared aimed at thwarting the resupplying of Ukrainian fighters, a rising concern in Moscow.
In a posting on the Telegram app, the Russian Defense Ministry said high-precision, long-range air-launched missiles were used. It said the strikes destroyed on the outskirts of Kyiv destroyed T-72 tanks supplied by Eastern European countries and other armored vehicles located in buildings of a car-repair business.
Russia’s invasion of Ukraine on Feb. 24 has led to untold tens of thousands of civilian and troop deaths, driven millions from their homes, sparked vast sanctions against Putin’s government and allies, and strangled exports of critical wheat and other grains from Ukraine through Black Sea ports — limiting access to bread and other products in Africa, the Middle East and beyond.
In a television interview on Sunday, Putin lashed out at Western deliveries of weapons to Ukraine, saying they aim to prolong the conflict.
“All this fuss around additional deliveries of weapons, in my opinion, has only one goal: To drag out the armed conflict as much as possible,” Putin said, alluding to U.S. plans to supply multiple launch rocket systems to Kyiv. He insisted such supplies were unlikely to change much for the Ukrainian government, which he said was merely making up for losses of rockets of similar range that they already had.
If Kyiv gets longer-range rockets, he added, Moscow will “draw appropriate conclusions and use our means of destruction, which we have plenty of, in order to strike at those objects that we have not yet struck.”
The missiles hit Kyiv’s Darnytski and Dniprovski districts, Mayor Vitali Klitschko said on the Telegram messaging app, punctuating the Kremlin’s recently reduced goal of seizing the entire Donbas region in the east. Moscow-backed separatists have fought Ukrainian forces for eight years in the Donbas and established self-proclaimed republics.
In recent days, Russian forces have focused on capturing the city of Sievierodonetsk.
A billowing pillar of smoke filled the air with an acrid odor in Kyiv’s eastern Darnystki district, and the charred, blackened wreckage of a warehouse-type structure was smoldering. Police near the site told an Associated Press reporter that military authorities had banned the taking of images. Soldiers also blocked off a road in a nearby area leading toward a large railway yard.
The sites struck included facilities for the state rail company, Ukrzaliznytsia, said Serhiy Leshchenko, an adviser in President Volodymyr Zelenskyy’s office, on Telegram.
Energoatom said a Russian cruise missile came dangerously close to the Pivdennoukrainsk nuclear power plant at 5:30 a.m., seemingly tearing toward Kyiv. It said the missile “flew critically low” and that Russian targeters “still do not understand that even the smallest fragment of a missile that can hit a working power unit can cause a nuclear catastrophe and radiation leak.”
Russian strikes have repeatedly targeted railway facilities, seemingly aimed at slowing the provision of weapons to Ukrainian forces on the front lines. The cruise missiles appeared to have been launched from a Tu-95 bomber flying over the Caspian Sea, the Air Force Command said on Facebook. It said air defense units shot down one missile.
Elsewhere, Russian forces continued their push to take ground in eastern Ukraine, with missile and airstrikes carried out on cities and villages of the Luhansk region, with the war now past the 100-day mark.
Luhansk governor Serhiy Haidai said on Telegram that “airstrikes by Russian Ka-52 helicopters were carried out in the areas of Girske and Myrna Dolyna, by Su-25 aircraft - on Ustynivka,” while Lysychansk was hit by a missile from the Tochka-U complex.
A total of 13 houses were damaged in Girske, and five in Lysychansk. Another airstrike was reported in the eastern city of Kramatorsk by its mayor Oleksandr Goncharenko. No one was killed in the attack, he said, but two of the city’s enterprises sustained “significant damage.”
On Sunday morning, Ukraine’s General Staff accused Russian forces of using phosphorus munitions in the village of Cherkaski Tyshky in the Kharkiv region. The claim couldn’t be independently verified.
The update also confirmed strikes on Kyiv, which occurred in the early hours of Sunday. It wasn’t immediately clear from the statement which infrastructure facilities in Kyiv were hit.
The General Staff said Russian forces continue assault operations in Sievierodonetsk, one of two key cities left to be captured in the Luhansk region of the Donbas. The Russians control the eastern part of the city, the update said, and are focusing on trying to encircle Ukrainian forces in the area and “blocking off main logistical routes.”
The U.K. military said in its daily intelligence update that Ukrainian counterattacks in Sieverodonetsk were “likely blunting the operational momentum Russian forces previously gained through concentrating combat units and firepower.” Russian forces previously had been making a string of advances in the city, but Ukrainian fighters have pushed back in recent days.
The statement also said Russia’s military was partly relying on reserve forces of the Luhansk region.
“These troops are poorly equipped and trained, and lack heavy equipment in comparison to regular Russian units,” the intelligence update said, adding that “this approach likely indicates a desire to limit casualties suffered by regular Russian forces.”
Far from the battlefield, Ukraine’s national soccer players are hoping to secure a World Cup spot when the team takes on Wales later Sunday in Cardiff.
On the diplomatic front, Russian Foreign Minister Sergey Lavrov was heading to Serbia for talks with President Aleksandar Vucic early this week, followed by a visit to Turkey on Tuesday, where the Russian envoy is expected to discuss Ukraine with his Turkish counterpart.
Turkey has been trying to work with U.N. and the warring countries to help clear the way for Ukrainian grain to be exported to Turkish ports, though no deal on the issue appeared imminent.
A Ukrainian presidential adviser urged European nations to respond with “more sanctions, more weapons” to Sunday’s missile attacks.
Mykhailo Podolyak referenced remarks Friday by French President Emmanuel Macron, who said Putin had made a “historic error” by invading Ukraine, but that world powers shouldn’t “humiliate Russia” so that a diplomatic exit could be found when the fighting stops.
“While someone asks not to humiliate, the Kremlin resorts to new insidious attacks,” Podolyak tweeted. “Each of such terrorist attacks must face a tough response from European capitals: more sanctions, more weapons.”
Ukrainian officials have denounced the remark, and have criticized France and some other European countries for continuing to speak to Putin and talking about diplomatic solutions instead of working to push Russia out of Ukraine militarily.
___
Follow AP’s coverage of the Ukraine war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/05/russian-missiles-strike-kyiv-shattering-sense-calm/ | 2022-06-05T10:59:37Z |
Text 'FOOD' or 'COMIDA' to 304-304 to find free summer meals for kids; Awareness is critical as kids could miss out on 95M meals this summer
[Media: For Photos, Click HERE]
WASHINGTON, May 31, 2022 /PRNewswire/ -- All kids deserve a happy, healthy summer, but as communities continue to struggle with the effects of the pandemic, millions of children are at risk of hunger this summer. No Kid Hungry, a national campaign to end childhood hunger, is launching an awareness campaign to help families find free meals for their kids and teens this summer through a bilingual text service. Parents, grandparents and caregivers can simply text "FOOD" or "COMIDA" to 304-304 to find sites serving free meals in their neighborhood. Chef Lorena Garcia, Ayesha Curry and Big Freedia are joining the effort as campaign ambassadors.
During the school year, kids can rely on school meal programs like breakfast, lunch and afterschool meals. But when school is out, many of those meals disappear, making summer the hungriest time of the year for kids and teens. This summer, rising food and fuel prices will make it particularly hard for families to put meals on the table.
Free summer meals programs, run by local schools and community groups, are available and open to any kid or teenager who needs a healthy meal. But due to the expiration of pandemic-era child nutrition waivers, an estimated 20% fewer meal sites will be operating this summer in comparison to last year. Kids could miss out on an estimated 95 million meals this summer. No Kid Hungry is equipping schools and community groups with resources to serve as many summer meals as possible and advocating for policies to reduce the barriers that stand in the way of feeding children over the summer.
Raising awareness of the free summer meal program is critical this year, which is why Chef Lorena Garcia, Ayesha Curry, and Big Freedia are stepping up to spread the word about No Kid Hungry's texting service. They will record public service announcements, amplify on social media and more. Stay tuned to No Kid Hungry's social channels all summer long to see this content.
"As a Chef, I know exactly how food and nutrition are tied to success and happiness," said chef, author, restaurateur and TV personality, Lorena Garcia. "Every kid deserves to have a full stomach – no matter what time of year it is. I am proud to partner with No Kid Hungry to promote this critical service so more parents and caregivers, including Spanish-speaking families, know where they can access nutritious meals for their kids while school is out."
"As a mom of three, it's hard to fathom the fact that millions of kids aren't getting the necessary food they need to thrive," said entrepreneur, chef, two-time New York Times best-selling author, philanthropist, and member of No Kid Hungry's National Spokesfamily, Ayesha Curry. "We all have a role to play when it comes to ending childhood hunger, which is why we must bring our villages together and work on the ground to make a real impact. I'm so proud to partner with No Kid Hungry through our Eat. Learn. Play. Foundation to spread the word about our critical programs that ensure all kids have access to food this summer, in Oakland and across the country."
"I've seen No Kid Hungry's work and the impact of summer meals sites firsthand in my hometown of New Orleans," said hip-hop artist and TV personality Big Freedia. "Kids need full stomachs to grow properly and to focus on being kids. Summer meals give them the opportunity to do just that."
To find free summer meals for youth 18 and under, text 'FOOD' or 'COMIDA' to 304-304 or visit NoKidHungry.org/Help. Media and the general public can also access the campaign's social media toolkit to help amplify the message now through Aug. 12.
No Kid Hungry is proud to work with partners like Citi and the Arby's Foundation to help ensure kids have access to free meals this summer and all year long.
About No Kid Hungry
No child should go hungry in America. But in the wake of the coronavirus pandemic, 1 in 6 kids could face hunger this year. No Kid Hungry is working to end childhood hunger by helping launch and improve programs that give all kids the healthy food they need to thrive. This is a problem we know how to solve. No Kid Hungry is a campaign of Share Our Strength, an organization committed to ending hunger and poverty. Join us at NoKidHungry.org.
Media Contact:
Ceci Henriquez, chenriquez@strength.org
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SOURCE No Kid Hungry | https://www.wibw.com/prnewswire/2022/05/31/chef-lorena-garcia-ayesha-curry-big-freedia-team-up-with-no-kid-hungry-help-kids-get-free-summer-meals/ | 2022-05-31T12:21:11Z |
80% of lebrikizumab responders maintained improvements in skin clearance and disease severity at 52 weeks; lasting improvements in itch were also observed
Data supported both once every two week and once every four week maintenance dosing, with consistent and durable responses
INDIANAPOLIS, June 7, 2022 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced topline results from one-year analyses of the efficacy and safety of lebrikizumab, the company's investigational IL-13 inhibitor for the treatment of patients with moderate-to-severe atopic dermatitis (AD). The new findings from the Phase 3 clinical trials (ADvocate 1 and 2) showed eight out of ten patients who achieved clinical response (EASI-75*) with lebrikizumab monotherapy at 16 weeks maintained skin clearance at one year of treatment with the once every two weeks or four weeks regimen. Additionally, patients treated with lebrikizumab maintained itch relief across the two trials over the one-year period. These results build upon positive data from the 16-week, double-blind, placebo-controlled part of the ADvocate program.
"Atopic dermatitis is a complex disease that requires personalized treatment approaches, including flexible dosing options for patients. In these studies, patients treated with lebrikizumab maintained skin clearance and lasting relief from intense itch at one year. We believe this supports the potential of lebrikizumab to become a first-line biologic and may support less frequent dosing," said Lotus Mallbris, M.D., Ph.D., vice president of global immunology development and medical affairs at Lilly. "We look forward to providing an important new medicine and helping patients find the relief they so desperately seek from the varied and debilitating symptoms of this disease, contingent upon FDA approval."
AD, or atopic eczema, is a chronic, relapsing, heterogenous skin disease characterized by intense itching, dry skin and inflammation that can be present on any part of the body.1-2 Lebrikizumab is a novel, monoclonal antibody (mAb) that binds to the interleukin-13 (IL-13) protein with high affinity to specifically prevent the formation of IL-13Rα1/IL-4Rα (Type 2 receptor) which blocks downstream signaling through the IL-13 pathway.3-7 IL-13 plays the central role in AD, promoting Type 2 inflammation that drives skin barrier dysfunction, itch, skin thickening and infection.8-10
In ADvocate 1, 79% of patients who received lebrikizumab every four weeks and 79% of patients who received lebrikizumab every two weeks maintained 75% or greater skin improvement (EASI-75) at one year of treatment. Additionally, 85% of patients who received lebrikizumab every four weeks and 77% of patients who received lebrikizumab every two weeks maintained EASI-75 response in ADvocate 2 at one year of treatment.
The frequency of adverse events and the overall safety profile among these patients treated with lebrikizumab were consistent with the induction phase of the trials as well as previous lebrikizumab studies in AD. No new safety signals were observed in this patient population.
"ADvocate 1 and 2 results add to the exciting growing body of evidence from our Phase 3 clinical trial program and demonstrate that this medicine may provide much-needed relief for those seeking new treatment options. We look forward to continuing our collaboration with Lilly and advancing in our clinical program, aiming to obtain approval in the European Union," stated Karl Ziegelbauer, Ph.D., Almirall S.A.'s Chief Scientific Officer.
With these data, Lilly plans to submit a Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for lebrikizumab in AD in the second half of 2022, followed by submissions to other regulatory agencies around the world. Almirall also plans to submit these results this year to the European Medicines Agency (EMA) for authorization.
These studies are part of the comprehensive clinical development program for lebrikizumab in AD evaluating more than 2,000 patients. Full one-year results from the Phase 3 monotherapy studies will be disclosed at upcoming congresses and in publications in 2022. Additional Phase 3 clinical trials are enrolling for lebrikizumab in AD.
Lilly has exclusive rights for development and commercialization of lebrikizumab in the United States and the rest of the world outside Europe. Almirall has licensed the rights to develop and commercialize lebrikizumab for the treatment of dermatology indications, including AD, in Europe.
*EASI=Eczema Area and Severity Index, EASI-75=75 percent reduction in EASI from baseline to Week 16
About ADvocate 1 and ADvocate 2 and the Phase 3 Program
ADvocate 1 and ADvocate 2 are 52-week randomized, double-blind, placebo-controlled, parallel-group, global, Phase 3 studies designed to evaluate lebrikizumab as monotherapy in adult and adolescent patients (aged 12 to less than 18 years of age and weighing at least 40 kg) with moderate-to-severe AD. During the 16-week treatment period, patients received lebrikizumab 500-mg initially and at two weeks, followed by lebrikizumab 250-mg or placebo every two weeks. In the maintenance period, patients with moderate-to-severe AD who achieved a clinical response after 16 weeks of lebrikizumab treatment were re-randomized to receive lebrikizumab every two weeks or four weeks or placebo for an additional 36 weeks. Patients who required rescue treatment during the induction period or who did not achieve clinical response (lebrikizumab non-responders) at 16 weeks received lebrikizumab every two weeks for an additional 36 weeks. The primary endpoints were measured by an Investigator Global Assessment (IGA) score of clear (0) or almost clear (1) skin with a reduction of at least two points from baseline and at least 75 percent change in baseline in the Eczema Area and Severity Index (EASI-75) score at 16 weeks. EASI measures extent and severity of the disease. Key secondary endpoints were measured by IGA, EASI, the Pruritus Numeric Rating Scale, Sleep-Loss due to Pruritus and the Dermatology Life Quality Index.
The U.S. Food and Drug Administration (FDA) granted lebrikizumab Fast Track designation in AD in December 2019. The lebrikizumab Phase 3 program consists of five key global studies including two monotherapy studies, a combination study (ADhere), as well as long-term extension (ADjoin) and adolescent open label (ADore) studies. Lilly has also initiated a first-of-its-kind clinical study dedicated to people of color living with AD. The study will further evaluate the efficacy and safety of lebrikizumab in people of color to generate additional data and disease information to help investigators and clinicians provide better diagnoses and treatment options.
About Lebrikizumab
Lebrikizumab is a novel, investigational, monoclonal antibody designed to bind IL-13 with high affinity to specifically prevent the formation of the IL-13Rα1/IL-4Rα heterodimer complex and subsequent signaling, thereby inhibiting the biological effects of IL-13 in a targeted and efficient fashion. IL-13 is the central pathogenic mediator of AD, promoting Type 2 inflammation that drives skin barrier dysfunction, itch, skin thickening and infection.6-8
About Lilly
Lilly unites caring with discovery to create medicines that make life better for people around the world. We've been pioneering life-changing discoveries for nearly 150 years, and today our medicines help more than 47 million people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges, redefining diabetes care, treating obesity and curtailing its most devastating long-term effects, advancing the fight against Alzheimer's disease, providing solutions to some of the most debilitating immune system disorders, and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/newsroom or follow us on Facebook, Instagram, Twitter and LinkedIn. P-LLY
Lilly Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about lebrikizumab as a potential treatment for patients with atopic dermatitis and reflects Lilly's current beliefs and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of research, development and commercialization. Among other things, there can be no guarantee that planned or ongoing studies will be completed as planned, that future study results will be consistent with the results to date, or that lebrikizumab will receive regulatory approvals, or be commercially successful. For further discussion of these and other risks and uncertainties, see Lilly's most recent Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
1 Weidinger S, Novak N. Lancet. 2016;387:1109-1122.
2 Langan SM, et al. Arch Dermatol. 2008;142:1109.
3 Moyle M, et al. Exp Dermatol. 2019;28(7):756-768.
4 Ultsch M, et al. J Mol Biol. 2013;425(8):1330-1339.
5 Zhu R, et al. Pulm Pharmacol Ther. 2017;46:88-98.
6 Simpson EL, et al. J Am Acad Dermatol. 2018;78(5):863-871.e11.
7 Okragly A, et al. Comparison of the Affinity and in vitro Activity of Lebrikizumab, Tralokinumab, and Cendakimab. Presented at the Inflammatory Skin Disease Summit, New York, November 3-6, 2021.
8 Tsoi L, et al. Journal of Investigative Dermatology. 2019;139(7):1480-1489.
9 Ratnarajah K, et al. Journal of Cutaneous Medicine and Surgery. 2021;25(3):315-328.
10 Bieber T. Allergy. 2020;75(1):54-62.
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SOURCE Eli Lilly and Company | https://www.wibw.com/prnewswire/2022/06/07/eight-out-ten-patients-maintained-skin-clearance-one-year-lillys-lebrikizumab-atopic-dermatitis-monotherapy-trials/ | 2022-06-07T04:47:01Z |
The meeting of the greatest clubs and players of the UEFA Champions League is on Hublot time
To stay up-to-date, follow: @Hublot #Hublot #UCL
NYON, Switzerland, April 26, 2022 /PRNewswire/ -- The UEFA Champions League holds a special place in the hearts of players and fans alike. It brings together the best teams and the best players for an exciting tournament that unites people and leaves them with lasting memories. It doesn't matter which kit, player, or team you're rooting for, there is one watch that is the common denominator in this passion for the beautiful game: the Big Bang Unico UEFA Champions League. A watch made to capture the best moments of football such as the fastest goal in UEFA Champions League history that was scored just 10.12 seconds after kick-off[1] or the times when tactical switches in the final minutes of the game completely change the winning score.
The key factor in the competition is time and momentum.
Time which, for the UEFA Champions League, is marked in partnership with Hublot. For 7 years, all the decisive moments in the competition have been measured in Hublot time, on the referee board, where the exact minute and second of each goal, each card, each entry on the pitch, and each win are recorded.
Memorable moments with which Hublot has been associated since 2008 with an initial collaboration with the UEFA EURO which then became a long-term partnership in 2012 as timekeeper and official watch. Then in 2015, Hublot became timekeeper and official watch for the UEFA Champions League and the UEFA Europa League. Hublot is also the official supplier of the referee's watches. Since 2018, Hublot has been the partner of the UEFA Europa Conference League (UECL) for the first 2021-2022 season and since 2019 for the UEFA Women's Champions League
To celebrate seven years of collaboration and great football, Hublot is launching an exclusive edition of the Big Bang Unico, limited to 100 pieces.
Big Bang Unico UEFA Champions League 42 mm
For this new limited edition of 100 pieces, the Big Bang Unico sports the iconic UEFA Champions League blue, cut from micro-blasted ceramic. The key moments on the pitch are timed with the Unico 2– Hublot's manufacture chronograph movement – a more complicated and advanced movement for irreproachable reliability.
The UEFA Champions League is 67 years of history, of which 7 with Hublot
The UEFA Champions League is the most prestigious European interclub competition – created 67 years ago as the "European Champion Clubs' Cup". At the time of its creation in 1955, UEFA had just written its articles of association. In 1991, the straight knockout format was replaced with group stages after the round of 16, and the Cup changed its name to the UEFA Champions League in 1992, with eight teams initially in the competition. Today, the UEFA Champions League is the most-watched annual sports competition in the world. It's also the favourite amongst the players, the clubs, and the fans.
Hublot loves football, especially the moments that make history
[1] in 2007 by Roy Makaay for Bayern Munich against Real Madrid.
Photo - https://mma.prnewswire.com/media/1804077/Hublot_1.jpg
Photo - https://mma.prnewswire.com/media/1804078/Hublot_2.jpg
Photo - https://mma.prnewswire.com/media/1804079/Hublot_3.jpg
Logo - https://mma.prnewswire.com/media/1765293/Hublot_Logo.jpg
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SOURCE Hublot SA | https://www.wibw.com/prnewswire/2022/04/26/hublot-is-top-league/ | 2022-04-26T08:05:20Z |
The Barden Bellas are Back on the Big Screen for a Special Two-Day Engagement
Sunday, September 11 and Wednesday, September 14
DENVER, Aug. 18, 2022 /PRNewswire/ -- Get out your cups and get ready for an exclusive, two-day celebration of the 10th Anniversary of 2012's global smash hit, "Pitch Perfect." Directed by Jason Moore, the film launched a cappella music into the cultural mainstream, skyrocketed the careers of its stars and became a global phenomenon, igniting a franchise that has earned almost $600 million worldwide. This special Fathom Events presentation will also include special footage, never-seen-before on the big screen.
Arriving at her new college, Beca (Anna Kendrick) finds herself not right for any clique but somehow is muscled into one that she never would have picked on her own: alongside mean girls, sweet girls and weird girls whose only thing in common is how good they sound when they sing together. When Beca leads this a cappella singing group out of their traditional arrangements and perfect harmonies into all-new mashups, they fight to climb their way to the top of college music competitions.
Pitch Perfect is a laugh-out-loud comedy and groundbreaking musical sensation that also stars Rebel Wilson (Jo Jo Rabbit), Grammy nominee Ester Dean (Trolls World Tour), Hana Mae Lee (Jem and the Holograms), Anna Camp (The Help), Brittany Snow (Hairspray), Emmy nominee Elizabeth Banks (The Hunger Games franchise), Tony winner Ben Platt (Dear Evan Hansen) and Adam Devine (Workaholics).
Tickets to "Pitch Perfect 10th Anniversary" can be purchased online at Fathom Events or at participating theater box offices.
For artwork/photos related to the 10th Anniversary of "Pitch Perfect," visit the Fathom Events press site.
Fathom is a recognized leader in the entertainment industry as one of the top distributors of content to movie theaters in North America. Owned by AMC Entertainment Inc. (NYSE: AMC); Cinemark Holdings, Inc. (NYSE: CNK); and Regal, a subsidiary of the Cineworld Group (LSE: CINE.L), Fathom operates the largest cinema distribution network, delivering a wide variety of programming and experiences to cinema audiences in all of the top U.S. markets and to more than 45 countries. For more information, visit www.FathomEvents.com.
Universal Pictures is a division of Universal Studios (www.universalstudios.com). Universal Studios is part of NBCUniversal. NBCUniversal is one of the world's leading media and entertainment companies in the development, production and marketing of entertainment, news and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group and world-renowned theme parks. NBCUniversal is a subsidiary of Comcast Corporation.
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SOURCE Fathom Events | https://www.mysuncoast.com/prnewswire/2022/08/18/fathom-events-universal-pictures-celebrate-10th-anniversary-pitch-perfect/ | 2022-08-18T17:08:38Z |
The second National Automotive Styling Centers™ franchise opens its second location in the state, serving the Denver metropolitan area
AURORA, Colo., July 19, 2022 /PRNewswire/ -- Tint World® Automotive Styling Centers™, a leading auto accessory and window tinting franchise, continues its successful expansion in Colorado with the opening of its second store in the state.
Tint World® Aurora, CO, owned by Ray Ruiz, provides customers throughout the Denver metropolitan area and central Colorado with premier automotive aftermarket services and accessories, including window tint, mobile electronics, audio and video equipment, paint protection films, and more.
"Tint World® offers a comprehensive selection of best-in-class products and services to enhance performance, comfort, style, and safety," Ruiz said. "The predictable, proven Tint World® franchise model positions franchisees for immediate success by empowering them to deliver unique value and premium service for all categories of drivers and vehicle owners. And the range and depth of ongoing franchise service and support available truly set Tint World® apart from the rest of the industry."
Tint World® Aurora, CO serves Aurora, Denver, Commerce City, Broomfield, Littleton, Lakewood, Strasburg, Parker, Bennett, Golden, and Thorton.
"Ray's commitment to the Aurora community and to customers throughout the Denver area, combined with Tint World®'s superior offerings, have set him up for sustained success," said Charles J. Bonfiglio, CEO and president of Tint World®. "His dedicated implementation of our franchise model shows that Tint World® is a powerful opportunity for ambitious owners who share our values and mission."
Tint World® Aurora, CO is located at 3155 Chambers Road, Unit F, Aurora, Colorado 80011. To book an appointment, request a quote or find out more about Tint World®'s products and services, call (720) 338-6677 or visit https://www.tintworld.com/locations/co/aurora-107/.
Tint World® Automotive Styling Centers™ offer sales and installation of auto accessories, mobile electronics, audio video equipment, security systems, custom wheels and tire packages, window tinting, vehicle wraps, paint protection films, detailing services, nano ceramic coatings, maintenance and repair services, and more. Tint World® is also the leading provider of residential, commercial and marine computerized window tinting and security film services with locations throughout the U.S. and abroad, with franchise opportunities available worldwide.
About Tint World®
Founded in 1982, Tint World® Automotive Styling Centers™ is America's largest and fastest-growing automotive accessories and window tinting international franchise, specializing in window tinting, protective films, vehicle wraps, audio and electronics, security systems, car and truck accessories, wheels and tires, detailing and ceramic coating, and installation services.
Tint World® Mobile Services™ include marine, residential, and commercial window tinting films, solar films, decorative films, safety and security films, and protective ceramic coatings. Tint World® has locations in the United States, Canada, Saudi Arabia, and the United Arab Emirates, with master franchise opportunities available worldwide. To find out more, please visit www.TintWorld.com or www.TintWorldFranchise.com.
Tint World® Contact:
Charles J. Bonfiglio, CEO
(888) 944-8648
info@tintworld.com
MEDIA CONTACT:
Heather Ripley
Ripley PR
hripley@ripleypr.com
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SOURCE Tint World® | https://www.mysuncoast.com/prnewswire/2022/07/19/tint-world-expands-colorado-service-with-new-store-aurora/ | 2022-07-19T12:02:42Z |
PHOENIX, Aug. 4, 2022 /PRNewswire/ -- Grand Canyon Education, Inc. (NASDAQ: LOPE), ("GCE" or the "Company"), is a publicly traded education services company that currently provides services to 27 university partners. GCE provides a full array of support services in the post-secondary education sector and has developed significant technological solutions, infrastructure and operational processes to provide superior services in these areas on a large scale. GCE today announced financial results for the quarter ended June 30, 2022.
For the three months ended June 30, 2022:
- Service revenue was $199.8 million for the second quarter of 2022, a decrease of $1.7 million, or 0.9%, as compared to $201.5 million for the second quarter of 2021. The decrease year over year in service revenue was primarily due to a decrease in online enrollments at GCU of 7.5% (see - Impact of COVID-19 below) and to a lesser extent, students in a university partner's Occupational Therapy Assistants ("OTA") program of 34% (see - Impact of COVID-19 below) partially offset by increases in GCU traditional campus enrollments, university partners enrollments in the Accelerated Bachelor of Science in Nursing ("ABSN") programs and revenue per student year over year. The increase in revenue per student between years is primarily due to the service revenue impact of the increased room, board and other ancillary revenues at GCU in the second quarter in 2022 as compared to the prior year period (see - Impact of COVID-19 below) and the increase in students at off-campus classroom and laboratory sites. Service revenue per student for off-campus classroom and laboratory sites generates a significantly higher revenue per student than we earn under our agreement with GCU, as these agreements generally provide us with a higher revenue share percentage, the partners have higher tuition rates than GCU and the majority of their students are studying in the Accelerated Bachelor of Science in Nursing program and take more credits on average per semester.
- Partner enrollments totaled 96,029 at June 30, 2022 as compared to 101,808 at June 30, 2021. University partner enrollments at our off-campus classroom and laboratory sites were 4,120, a decrease of 2.1% over enrollments at June 30, 2021, which includes 324 GCU students at June 30, 2022. This growth rate has slowed over the past year primarily due to the 34.0% decline in OTA students. Year over year ABSN students grew 1.2% at June 30, 2022. In a joint decision between us and one of our university partners, two ABSN off-campus classroom and laboratory sites were closed at the beginning of this year to allow the university partner to focus its resources closer to its home location. Excluding the prior year enrollments from locations that have been closed in the past twelve months, ABSN students grew 6.6% year over year. We did open three new off-campus classroom and laboratory sites in the first half of 2022 increasing the total number of these sites to 32 at June 30, 2022 and anticipate opening four more this Fall and six to eight more in 2023 which should re-accelerate the ABSN student enrollment growth. Enrollments at GCU declined to 92,233 at June 30, 2022, a decrease of 5.7% over enrollments at June 30, 2021 primarily due to the decrease in GCU online enrollments between years. Enrollments for GCU ground students were 7,309 at June 30, 2022 up from 6,202 at June 30, 2021 primarily due to a 24.0% increase in traditional ground students taking summer school courses between years. GCU enrollment declines between March 31 and June 30 of each year as ground enrollment at GCU at June 30 of each year only includes traditional-aged students taking Summer school classes, which is a small percentage of GCU's traditional-aged student body. The Spring semester for GCU's traditional-aged student body ends near the end of April each year.
- Operating income for the three months ended June 30, 2022 was $33.8 million, a decrease of $16.4 million as compared to $50.2 million for the same period in 2021. The operating margin for the three months ended June 30, 2022 was 16.9%, compared to 24.9% for the same period in 2021.
- Interest income, net of interest expense decreased from $14.2 million in the second quarter of 2021 to $0.3 million in the second quarter of 2022 primarily due to the payoff of the Secured Note receivable and the cancellation and repayment of the credit facility, both of which occurred in the fourth quarter of 2021.
- Income tax expense for the three months ended June 30, 2022 was $8.6 million, a decrease of $6.4 million, as compared to income tax expense of $15.0 million for the three months ended June 30, 2021. This decrease was the result of a decrease in our taxable income partially offset by an increase in our effective tax rate between periods. Our effective tax rate was 25.2% during the second quarter of 2022 compared to 23.3% during the second quarter of 2021. In the second quarter of 2022, the effective tax rate was unfavorably impacted by an increase in the state income tax rate.
- Net income decreased 48.3% to $25.6 million for the second quarter of 2022, compared to $49.5 million for the same period in 2021. As adjusted net income was $27.1 million and $51.1 million for the second quarters of 2022 and 2021, respectively.
- Diluted net income per share was $0.80 and $1.09 for the second quarters of 2022 and 2021, respectively. As adjusted diluted net income per share was $0.85 and $1.12 for the second quarters of 2022 and 2021, respectively.
- Adjusted EBITDA decreased 25.4% to $45.6 million for the second quarter of 2022, compared to $61.1 million for the same period in 2021.
For the six months ended June 30, 2022:
- Service revenue for the six months ended June 30, 2022 was $443.9 million, an increase of $5.5 million, or 1.2%, as compared to service revenue of $438.4 million for the six months ended June 30, 2021. The increase year over year in service revenue was primarily due to increases in GCU traditional campus enrollments, university partners enrollments in ABSN programs and revenue per student year over year partially offset by a decrease in online enrollments at GCU of 7.5% (see - Impact of COVID-19 below) and to a lesser extent, students in a university partner's OTA program of 34% (see - Impact of COVID-19 below). The increase in revenue per student between years is primarily due to the service revenue impact of the increased room, board and other ancillary revenues at GCU in the first half of 2022 as compared to the prior year period (see - Impact of COVID-19 above) and the increase in students at off-campus classroom and laboratory sites. Service revenue per student for ABSN students at off-campus classroom and laboratory sites generates a significantly higher revenue per student than we earn under our agreement with GCU, as these agreements generally provide us with a higher revenue share percentage, the partners have higher tuition rates than GCU and the majority of their students take more credits on average per semester.
- Operating income for the six months ended June 30, 2022 was $111.3 million, a decrease of $23.2 million as compared to $134.5 million for the same period in 2021. The operating margin for the six months ended June 30, 2022 was 25.1%, compared to 30.7% for the same period in 2021.
- Interest income, net of interest expense decreased from $28.1 million for the six months ended June 30, 2021 to $0.5 million for the six months ended June 30, 2022 primarily due to the payoff of the Secured Note receivable and the cancellation and repayment of the credit facility, both of which occurred in the fourth quarter of 2021.
- Income tax expense for the six months ended June 30, 2022 was $28.2 million, a decrease of $6.8 million, or 19.4%, as compared to income tax expense of $35.0 million for the six months ended June 30, 2021. This decrease was the result of a decrease in our taxable income partially offset by an increase in our effective tax rate between periods. Our effective tax rate was 25.2% during the six months ended June 30, 2022 compared to 21.5% during the six months ended June 30, 2021. In the first half of 2021, the effective tax rate was significantly impacted by excess tax benefits of $4.4 million as a result of exercises of the remaining stock options held by employees prior to their expiration. Excess tax benefits totaled only $0.1 million in the first half of 2022. In the first half of 2022, the effective tax rate was also unfavorably impacted by an increase in the state income tax rate.
- Net income decreased 34.4% to $83.6 million for the six months ended June 30, 2022, compared to $127.6 million for the same period in 2021. As adjusted net income was $87.3 million and $130.9 million for the six months ended June 30, 2022 and 2021, respectively.
- Diluted net income per share was $2.51 and $2.78 for the six months ended June 30, 2022 and 2021, respectively. As adjusted diluted net income per share was $2.61 and $2.85 for the six months ended June 30, 2022 and 2021, respectively.
- Adjusted EBITDA decreased 13.2% to $136.0 million for the six months ended June 30, 2022, compared to $156.7 million for the same period in 2021.
Liquidity and Capital Resources
Our unrestricted cash and cash equivalents and investments were $203.3 million and $600.9 million as of June 30, 2022 and December 31, 2021, respectively. Our liquidity position, as measured by cash and cash equivalents and investments decreased by $397.7 million during fiscal 2022, which was largely attributable to the share repurchases during the first half of 2022 of $528.0 million, partially offset by cash provided by operating activities of $146.1 million.
Impact of COVID-19
Since March 2020, the world has been, and continues to be, impacted by the COVID-19 pandemic. This contagious outbreak, which has continued to spread, and the related adverse public health developments that have occurred at various times since March 2020, including orders to shelter-in-place, travel restrictions and mandated non-essential business closures, have adversely affected workforces, organizations, customers, economies and financial markets globally. It has also disrupted the normal operations of many businesses, including ours, and that of our university partners.
Pursuant to the Master Services Agreement, GCE provides education services to GCU in return for 60% of GCU's tuition and fee revenues, which includes fee revenues from room, board, and other ancillary businesses including a student-run golf course. GCU has four types of students: traditional ground university students, who attend class on its campus in Phoenix, Arizona and of which approximately 70% have historically lived on campus in university owned residence halls; professional studies students, who are working adult students who attend class one night a week on the Phoenix campus; online students who attend class fully online; and students who are studying in hybrid programs in which the ground component takes place at off-campus classroom and laboratory sites.
The COVID-19 outbreak, as well as measures taken to contain its spread, has impacted GCU's students and its business in a number of ways. A full description of those impacts is described in our 2021 Form 10-K. Below is an explanation of those impacts from the COVID-19 pandemic, that had an effect on GCU's tuition and non-tuition revenue during 2021 and the first six months of 2022 and, consequently, the service revenues we earned under the Master Services Agreement:
- Room, board and certain fee income was negatively impacted in the Spring semester of 2021 for GCU's traditional students as the first week of the Spring 2021 semester was completed in an online modality to provide greater flexibility for students returning to campus after the holidays. Face-to-face instruction for the semester commenced on January 11, 2021 and ended April 1, 2021 for approximately 80% of classes, followed by two weeks of online instruction. Approximately 3,500 traditional ground students elected to complete the Spring 2021 semester entirely in the online modality. GCU's ground traditional students residing on campus in GCU's residence halls returned to historical levels in the Spring semester of 2022 and the entire semester was conducted face-to-face. Thus, GCU experienced a significant year over year increase in these revenues in the first half of 2022 and thus the service revenues earned by GCE;
- During the second quarter of 2020, GCU's online enrollment growth accelerated significantly into the high single digits. The increased level of online enrollment at that time resulted from a combination of factors including an acceleration of new students starting programs, a higher-than-expected number of students returning to the university that had taken a break from their program ("re-enters") and a lower-than-expected number of students deciding to drop out of or take a break from their program. We believe these trends were primarily caused by the shutdowns precipitated by the COVID-19 outbreak as greater numbers of working adults decided to return to school to finish undergraduate degree programs that they had previously started or to start new graduate degree programs during this time. These trends generally continued through the first quarter of 2021. Beginning in the second quarter of 2021, online enrollment growth rates as compared to the prior year period began to slow as both new enrollments and re-enters were down year over year, the numbers of students dropping out of school or taking periodic breaks in their program returned to historical levels and students completing their programs increased significantly on a year over year basis. These trends continued through the rest of 2021 and thus the year over year online growth rate continued to decline. The decline in new enrollments as compared to the prior year beginning in the second quarter of 2021 was also the result of recruitment challenges caused by the reduced access to schools, hospitals, and businesses where our potential students work. We believe that as the year over year comparables return to historical levels and schools, hospitals and businesses fully reopen, our online enrollment growth rate will begin to re-accelerate; and
- Professional studies students have declined significantly since the onset of the COVID-19 outbreak. Professional studies students at that time were converted to the online learning environment; since then, most have completed their programs while no new cohorts have been started until very recently. Now that the university has approved the recruitment of new professional studies cohorts, we anticipate that the number of these students will begin to grow.
The changes described above at GCU have impacted or will impact GCE's service revenue under the Master Services Agreement. In addition, due to the limited operating expenses that we incur to deliver those services, there has been or will be a direct reduction in our operating profit and operating margin.
GCE also provides services to numerous university partners across the United States, including GCU, at off-campus classroom and laboratory sites. The majority of these university partners' students are studying in the ABSN program which is offered in a 12-16-month format in three or four academic semesters. Beginning with the Summer 2021 semester we experienced a decline in revenue per student from students in these programs caused primarily by some students delaying their scheduled clinical courses due to vaccine mandates at hospital partners and we started to see a reduction in our off-site classroom and laboratory student enrollment growth rate due primarily to delays in the opening of scheduled new sites and requests by some of our university or hospital partners or their state regulatory boards to reduce cohort sizes due to concerns over potential clinical faculty availability caused by nursing and other healthcare employee shortages. This is especially true with one of our university partner's OTA program in which enrollment declined 34.0% between June 30, 2021 and 2022 as the university partner stopped admitting new students for most of 2021 due to clinical placement backlog. None of our ABSN partners have stopped admitting new students but some locations that were scheduled to open in 2021 and 2022 have been pushed back and some existing partners have reduced incoming cohort sizes due to the concern that there are not enough nurses to serve as clinical faculty.
No other changes are currently anticipated with our other university partners that would have a material impact on GCE's service revenue, operating profit and operating margins. However, if one of our university partners were to close an off-campus classroom and laboratory site or take some other action that adversely impacted program enrollment, such an event would reduce the service revenues earned by GCE.
Beginning at the time of the COVID-19 outbreak a large percentage of our workforce began to work remotely and is expected to continue doing so for the foreseeable future. This degree of remote working could increase risks in the areas of internal control, cyber security and the use of remote technology, and thereby result in interruptions or disruptions in normal operational processes.
It is not possible for us to completely predict the duration or magnitude of the adverse results of the COVID-19 pandemic and its effects on our business, results of operations or financial condition at this time, but such effects may be material in future quarters.
Forward-Looking Statements
This news release contains "forward-looking statements" which include information relating to future events, future financial performance, strategies expectations, competitive environment, regulation, and availability of resources. These forward-looking statements include, without limitation, statements regarding: proposed new programs; whether regulatory, economic, or business developments or other matters may or may not have a material adverse effect on our financial position, results of operations, or liquidity; projections, predictions, expectations, estimates, and forecasts as to our business, financial and operating results, and future economic performance; and management's goals and objectives and other similar expressions concerning matters that are not historical facts. Words such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar expressions, the negative of these expressions, as well as statements in future tense, identify forward-looking statements.
Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time those statements are made or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause our actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements include, but are not limited to: the harm to our business, results of operations, and financial condition, and harm to our university partners resulting from epidemics, pandemics, including the continuing, and potential future, adverse effects of the COVID-19 pandemic, or public health crises: the occurrence of any event, change or other circumstance that could give rise to the termination of any of our key university partner agreements; our ability to properly manage risks and challenges associated with strategic initiatives, including potential acquisitions or divestitures of, or investments in, new businesses, acquisitions of new properties and new university partners, and expansion of services provided to our existing university partners; our failure to comply with the extensive regulatory framework applicable to us either directly as a third party education services provider or indirectly through our university partners, including Title IV of the Higher Education Act and the regulations thereunder, state laws and regulatory requirements, and accrediting commission requirements; competition from other education services companies in our geographic region and market sector, including competition for students, qualified executives and other personnel; the pace of growth of our university partners' enrollment and its effect on the pace of our own growth; our ability to, on behalf of our university partners, convert prospective students to enrolled students and to retain active students to graduation; our success in updating and expanding the content of existing programs and developing new programs in a cost-effective manner or on a timely basis for our university partners; the impact of any natural disasters or public health emergencies; and other factors discussed in reports on file with the Securities and Exchange Commission, including as set forth in Part I, Item 1A of our Annual Report on Form 10-K for period ended December 31, 2021, as updated in our subsequent reports filed with the Securities and Exchange Commission on Form 10Q or Form 8-K.
Forward-looking statements speak only as of the date the statements are made. You should not put undue reliance on any forward-looking statements. We assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. If we do update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Conference Call
Grand Canyon Education, Inc. will discuss its second quarter 2022 results and full year 2022 outlook during a conference call scheduled for today, August 4, 2022 at 4:30 p.m. Eastern time (ET).
Live Conference Dial-In:
Those interested in participating in the question-and-answer session should follow the conference dial-in instructions below. Participants may register for the call here to receive the dial-in numbers and unique PIN to access the call seamlessly. Please dial in at least ten minutes prior to the start of the call. Journalists are invited to listen only.
Webcast and Replay:
Investors, journalists and the general public may access a live webcast of this event at: Q2 2022 Grand Canyon Education Inc. Earnings Conference Call. A webcast replay will be available approximately two hours following the conclusion of the call at the same link.
About Grand Canyon Education, Inc.
Grand Canyon Education, Inc. ("GCE"), incorporated in 2008, is a publicly traded education services company that currently provides services to 27 university partners. GCE is uniquely positioned in the education services industry in that its leadership has over 30 years of proven expertise in providing a full array of support services in the post-secondary education sector and has developed significant technological solutions, infrastructure and operational processes to provide superior services in these areas on a large scale. GCE provides services that support students, faculty and staff of partner institutions such as marketing, strategic enrollment management, counseling services, financial services, technology, technical support, compliance, human resources, classroom operations, content development, faculty recruitment and training, among others. For more information about GCE visit the Company's website at www.gce.com.
Grand Canyon Education, Inc., 2600 W. Camelback Road, Phoenix, AZ 85017, www.gce.com.
GRAND CANYON EDUCATION, INC.
Adjusted EBITDA (Non-GAAP Financial Measure)
Adjusted EBITDA is defined as net income plus interest expense, less interest income and other gain (loss) recognized on investments, plus income tax expense, and plus depreciation and amortization (EBITDA), as adjusted for (i) contributions to private Arizona school tuition organizations in lieu of the payment of state income taxes; (ii) loss on transaction; (iii) share-based compensation, and (iv) unusual charges or gains, such as litigation and regulatory reserves, impairment charges and asset write-offs, and exit or lease termination costs. We present Adjusted EBITDA because we consider it to be an important supplemental measure of our operating performance. We also make certain compensation decisions based, in part, on our operating performance, as measured by Adjusted EBITDA. All of the adjustments made in our calculation of Adjusted EBITDA are adjustments to items that management does not consider to be reflective of our core operating performance. Management considers our core operating performance to be that which can be affected by our managers in any particular period through their management of the resources that affect our underlying revenue and profit generating operations during that period and does not consider the items for which we make adjustments (as listed above) to be reflective of our core performance.
We believe Adjusted EBITDA allows us to compare our current operating results with corresponding historical periods and with the operational performance of other companies in our industry because it does not give effect to potential differences caused by variations in capital structures (affecting relative interest expense, including the impact of write-offs of deferred financing costs when companies refinance their indebtedness), tax positions (such as the impact on periods or companies of changes in effective tax rates or net operating losses), the book amortization of intangibles (affecting relative amortization expense), and other items that we do not consider reflective of underlying operating performance. We also present Adjusted EBITDA because we believe it is frequently used by securities analysts, investors, and other interested parties as a measure of performance.
In evaluating Adjusted EBITDA, investors should be aware that in the future we may incur expenses similar to the adjustments described above. Our presentation of Adjusted EBITDA should not be construed as an inference that our future results will be unaffected by expenses that are unusual, non-routine, or non-recurring. Adjusted EBITDA has limitations as an analytical tool in that, among other things it does not reflect:
- cash expenditures for capital expenditures or contractual commitments;
- changes in, or cash requirements for, our working capital requirements;
- interest expense, or the cash required to replace assets that are being depreciated or amortized; and
- the impact on our reported results of earnings or charges resulting from the items for which we make adjustments to our EBITDA, as described above and set forth in the table below.
In addition, other companies, including other companies in our industry, may calculate these measures differently than we do, limiting the usefulness of Adjusted EBITDA as a comparative measure. Because of these limitations, Adjusted EBITDA should not be considered as a substitute for net income, operating income, or any other performance measure derived in accordance with and reported under GAAP, or as an alternative to cash flow from operating activities or as a measure of our liquidity. We compensate for these limitations by relying primarily on our GAAP results and only use Adjusted EBITDA as a supplemental performance measure.
The following table provides a reconciliation of net income to Adjusted EBITDA, which is a non-GAAP measure for the periods indicated:
Non-GAAP Net Income and Non-GAAP Diluted Income Per Share
The Company believes the presentation of non-GAAP net income and non-GAAP diluted income per share information that excludes amortization of intangible assets and loss on disposal of fixed assets allows investors to develop a more meaningful understanding of the Company's performance over time. Accordingly, for the three-months and six-months ended June 30, 2022 and 2021, the table below provides reconciliations of these non-GAAP items to GAAP net income and GAAP diluted income per share, respectively:
Investor Relations Contact:
Daniel E. Bachus
Chief Financial Officer
Grand Canyon Education, Inc.
602-639-6648
Dan.bachus@gce.com
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SOURCE Grand Canyon Education, Inc. | https://www.wibw.com/prnewswire/2022/08/04/grand-canyon-education-inc-reports-second-quarter-2022-results/ | 2022-08-04T20:55:07Z |
2022 EdTech Breakthrough Award recognizes Savvas as a "global educational technology innovator"
PARAMUS, N.J., June 27, 2022 /PRNewswire/ -- Savvas Learning Company is proud to announce that it has been named "LMS Solution Provider of the Year'' by the 2022 EdTech Breakthrough Awards program. The award honors the K-12 learning solutions provider for its popular Savvas Realize learning management system (LMS), recognizing the company as an innovator and leader "driving the global digital transformation of the education industry."
An award-winning platform since its inception, Savvas Realize is the publishing industry's most versatile LMS and the digital home to more than 1,000 high-quality, engaging Savvas programs. The single sign-on Realize platform allows educators to access a vast array of standards-aligned content, customize materials, monitor student progress, and create lesson plans and activity playlists. It also provides data-driven insights to help teachers differentiate instruction and personalized, real-world learning experiences to increase student engagement — all on one easy-to-use platform.
Winners of this year's EdTech Breakthrough Awards, which showcase technologies and companies that drive innovation and exemplify the best in edtech solutions, were selected from more than 2,250 nominations based on innovation, design, user experience, and overall technological advancement.
"We are honored to receive this prestigious award from EdTech Breakthrough, as it demonstrates the impact of Savvas Realize in helping to make next-generation learning a reality for students, teachers, and schools," said Bethlam Forsa, CEO of Savvas Learning Company. "With its proven scalability, flexibility, and seamless integrations with the digital tools schools use most, Savvas Realize stands out as a game-changing platform that enables students to learn anytime, anywhere."
Unlike other publishers' learning management systems retrofitted from higher-ed platforms, Savvas Realize was developed exclusively for K-12 applications, with plug-and-play interoperability a priority. The platform offers seamless LTI-A integration with more than two dozen major edtech tools, including Google Classroom, Canvas, and, new for the coming school year, Schoology. For Back to School 2022, Savvas is rolling out exciting Realize enhancements for educators including a more streamlined interface with faster grading workflows and improved classroom management tools.
Savvas is showcasing its award-winning PreK-12 learning solutions on the Savvas Realize platform at the ISTELive 22 show in New Orleans starting today. Visit Savvas in Booth #1130 to learn more about the Savvas Realize platform.
ABOUT SAVVAS LEARNING COMPANY
At Savvas, we believe learning should inspire. By combining new ideas, new ways of thinking, and new ways of interacting, we design next-generation learning solutions that help prepare students to become global citizens in a more interconnected, digital world. To learn more, visit Savvas Learning Company.
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SOURCE Savvas Learning Company | https://www.wibw.com/prnewswire/2022/06/27/savvas-receives-lms-solution-provider-year-award-its-industry-leading-savvas-realize-learning-management-system/ | 2022-06-27T15:32:18Z |
How to use your digital camera as a webcam
Many people now work at least part of their schedule from home and have multiple online meetings every week. Webcams are great for virtual meetings, but many don’t provide the same video quality as a digital camera. Luckily, using your digital camera as a webcam is surprisingly easy.
If you want to use your digital camera as a webcam, there are a few things you need to know before setting it up.
What to know before using your digital camera as a webcam
Why you’d use a digital camera as a webcam
Digital cameras have top-notch video quality; many are capable of recording in 1080p or 4K. And most have numerous accessories that further increase their video capabilities. They’re ideal for people who spend most of their day in virtual meetings and those who stream as a hobby or professionally. And they’re versatile — you can take them on vacation, too, and capture photos and videos.
Software can enable webcam functions on your digital camera
Not every digital camera has webcam capabilities. Still, many brands have licensed software that lets your camera be used as a webcam.
- Most Canon EOS cameras are compatible with Canon’s webcam software, downloaded from the Canon website.
- Panasonic has tethering software available on its site that enables digital camera capabilities for its DC-GH5, DC-G9, DC-GH5S, DC-S1, DC-S1R and DC-S1H digital cameras.
- Sony has Imaging Edge Webcam software available on its website; this software is compatible with nearly 40 Sony digital cameras.
- Fujifilm, Nikon and Olympus also have software downloads that enable webcam functions for some digital cameras.
The licensed software often has specific system requirements, so it’s essential to check the brand’s website to ensure it will work with your device.
If your camera doesn’t have licensed software that enables webcam functions, numerous third-party applications can help. Still, researching the software before downloading it is essential, as many third-party applications are loaded with bloatware, using excessive disk space and memory.
Hardware can enable webcam functions on your digital camera
If your camera has a HDMI out port or mini-HDMI out port, you should be able to enable webcam functions using a device that converts the HDMI output to a USB output. Many cameras have clean HDMI features that keep your screen free of camera settings and overlays. If you aren’t sure if your camera has clean HDMI overlay settings, read its manual or look it up on the manufacturer’s website.
The Elgato Cam Link 4K is one of the most popular capture cards and is affordable compared with other capture cards. It works with most digital cameras, but not all of them, so check its website to ensure it’s compatible with your camera before purchasing.
There are numerous other capture cards, too, some of them cheaper than the Elgato 4K. Read their reviews, though, to ensure others had success with them before buying one.
Consider an external microphone
Although digital cameras offer superior video quality, their audio quality may not be ideal. While they can be pricey, an XLR or USB microphone is an excellent way to improve your sound quality. In some cases, you can plug it directly into your camera, although it will usually need to be plugged into your computer. After connecting a mic to your computer, check your sound settings to ensure it recognizes the correct mic input.
If you don’t want to invest in an external mic, a quality pair of headphones with a microphone is a more affordable way to improve your sound quality. Additionally, headphones with mics save you desk space.
Charge, weight and space
Ensure that your digital camera is fully charged before using it as a webcam. Some can plug directly into your computer and charge while in use.
Digital cameras are heavier than webcams, so you’ll need a desktop camera stand that can support the weight of your camera. They also take up more room than a webcam, so you’ll want to ensure you’ve cleared off enough desk space for your camera.
Using your digital camera as a webcam FAQ
Can webcams be used as digital cameras?
A. Many webcams have photo features, but the quality isn’t as good as a digital camera’s. Webcams also lack the portability offered by digital cameras.
Can you use lenses while using your digital camera as a webcam?
A. Yes, if you want to improve the quality of your video further, you can use compatible lenses that enhance close-up video quality.
Which type of camera is better to use as a webcam, DSLR or mirrorless?
A. Mirrorless cameras are usually more compact and lighter than DSLR cameras, making them ideal for those with limited desk space. On the other hand, DSLR cameras have a larger selection of lenses and accessories, making them ideal for those who want the highest-quality video.
What you need to use your digital camera as a webcam
Canon EOS M200 Mirrorless Digital Camera Bundle
This bundle comes with everything you need to use a digital camera as a webcam. The included tripod is small enough to be used on most desks.
Sold by Amazon
BlueAVS HDMI to USB Video Capture Card
This affordable card is ideal for those who don’t want to spend too much. Many reviewers felt it was comparable to the high-end Elgato capture card.
Sold by Amazon
Joby GorillaPod Compact Tripod
This is ideal for desktop and on-the-go use. The flexible legs let you perfectly position your camera and even hang it from your desktop shelves.
Sold by Amazon
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Cody Stewart writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/camera-photo-br/can-i-use-my-digital-camera-as-a-webcam/ | 2022-05-03T11:13:48Z |
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.wibw.com/prnewswire/2022/08/11/utah-ranchers-innovating-fight-water-crisis/ | 2022-08-11T13:58:42Z |
LONDON (AP) — British health officials have detected another 104 cases of monkeypox in England in what has become the biggest outbreak beyond Africa of the normally rare disease.
The U.K.’s Health Security Agency said Monday there were now 470 cases of monkeypox across the country, with the vast majority in gay or bisexual men. Scientists warn that anyone, regardless of sexual orientation, is susceptible to catching monkeypox if they are in close, physical contact with an infected person or their clothing or bed sheets.
According to U.K. data, 99% of the cases so far have been in men and most are in London.
In May, a leading adviser to the World Health Organization said the monkeypox outbreak in Europe and beyond was likely spread by sex at two recent raves in Spain and Belgium.
Last week, WHO said 1,285 cases of monkeypox had been reported from 28 countries where monkeypox was not known to be endemic. No deaths have been reported outside of Africa. After the U.K., the biggest numbers of cases have been reported in Spain, Germany and Canada.
WHO said many people in the outbreak have “atypical features” of the disease which could make it more difficult for doctors to diagnose. The U.N. health agency also said while close contact can spread monkeypox, “it is not clear what role sexual bodily fluids, including semen and vaginal fluids, play in the transmission.”
Meanwhile, countries in Africa have reported more than 1,500 suspected cases including 72 deaths from eight countries. Monkeypox is considered endemic in Central and West Africa. | https://cw33.com/health/ap-health/uk-reports-104-more-cases-of-monkeypox-mostly-in-men/ | 2022-06-14T06:56:16Z |
STOCKHOLM, June 20, 2022 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, is adapting to new business conditions and is beginning to see results from its price increase negotiations with customers to offset inflationary pressures.
Market and business update
Year-to-date, global LVP has been limited by supply side issues and COVID-19 related lockdowns in China, rather than by underlying market demand issues. The lockdowns in China have affected the LVP more negatively than expected. This led to more than 40% year-over-year Chinese LVP decline in April. May saw a recovery to around flat vs. May 2021. IHS Markit's latest update for the second quarter LVP in China is 11% lower than it was in April, when our Q1 2022 results were published. Furthermore, vehicles with high safety content were reduced in China in May leading to a negative content mix for Autoliv. Government incentives are expected to drive a second half year recovery. Therefore, combined with an improved availability of semiconductors, IHS Markit expects that the second half of 2022 will recover what was lost in the second quarter and thus global LVP growth remains at around 5% for the full year.
Autoliv is accelerating mitigation activities to support our medium-term targets
Autoliv continues to work intensely with customers to secure price increases to compensate for the inflationary pressure and supply chain disruptions. We have made progress on cost recovery through sustainable price increases, with some customer pricing being retroactive to cover costs incurred earlier in 2022. We preserve our ability to seek further adjustments in the future should the need arise.
In parallel with the price negotiations, Autoliv is introducing further cost reductions to reduce annualized spend, mainly by reviewing and prioritizing certain projects, reducing headcount, consultants, and temporary employees.
"Our mitigation activities include price negotiations with customers to support a sustainable business model in the current higher inflationary environment. This includes sustainable price increases and a higher frequency of price adjustments as well as broad-based cost reductions," says Mikael Bratt, President and CEO of Autoliv. "This means negotiating more flexible customer contracts to ensure that inflationary pressures are effectively pushed through the value chain. It also includes closer engagement with customers to enable more predictable production schedules," Mikael Bratt continues.
Reiterating full-year indications
Despite the challenging environment, Autoliv reiterates its full-year 2022 indications of an organic sales growth of around 12-17% and an adjusted operating margin of around 5.5%-7.0% based on the assumptions that global LVP will grow by 0-5% and that we continue to achieve our targeted cost inflation compensation objectives.
"We have seen conditions change in the automotive industry which impacts Autoliv and the whole supply chain. Based on Autoliv's mitigation activities to date and future planned activities, I am comfortable in reiterating our full year organic sales and adjusted operating margin indications despite additional headwind with regards to inflationary pressure and the challenges in China," says Mikael Bratt, President and CEO of Autoliv. "We maintain a healthy balance sheet and remain committed to a shareholder friendly capital allocation policy as communicated at our Capital Markets Day last year."
Inquiries:
Investors & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14
Media: Gabriella Ekelund, Tel +46 (70) 612 64 24
This information was brought to you by Cision http://news.cision.com
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SOURCE Autoliv | https://www.kxii.com/prnewswire/2022/06/20/autoliv-adapts-new-business-conditions-reiterates-full-year-indications/ | 2022-06-20T19:34:40Z |
BOSTON, July 25, 2022 /PRNewswire/ -- Casner & Edwards, LLP, Goulston & Storrs PC, and Jeffrey D. Sternklar LLC are pleased to announce that they have won The Global M&A Network's 2022 Turnaround Atlas Award for Special Situation M&A Deal of the Year for their work on the Tri-Wire Engineering Solutions, Inc. sale of substantially all assets to ITG Communications, LLC. The awards honor the best value-creating transactions, outstanding firms, professionals, and leaders from the global restructuring, insolvency, and distressed investing communities.
The Tri-Wire transaction was completed through a Chapter 11 Section 363 sale process in the U.S. Bankruptcy Court for the District of Massachusetts (Eastern Division). Casner & Edwards served as counsel to Tri-Wire, led by partners Michael Goldberg, Davis Whitesell, and Michael Zullas. Goulston & Storrs served as co-counsel to ITG, led by directors James Wallack and Timothy Carter, along with Jonathan Motley of Safford Motley PLC. Jeffrey Sternklar served as counsel to the Unsecured Creditors Committee.
Tri-Wire is one of the largest independent providers of consumer broadband installation and maintenance for large cable operators. After experiencing operational challenges and working capital issues beyond repair, SGS Capital Advisors was retained in July 2021 to conduct an expedited marketing process to solicit interest from strategic and financial buyers. ITG, a national provider of fulfillment, construction, and project management services to the cable and telecommunications industries, submitted the highest and best bid of several offers, and Tri-Wire filed for Chapter 11 protection in September 2021 with ITG as the proposed stalking horse purchaser. The sale to ITG was approved by the bankruptcy court and closed in October 2021. "It is an honor to have our efforts on this complicated bankruptcy sale recognized by the Turnaround Atlas Awards. We worked collaboratively with Goulston & Storrs and others to manage many competing priorities among multiple stakeholders to create the best possible outcome for all parties. In the end, we were able to deliver maximum value, preserve hundreds of jobs, and ensure thousands of cable customers continued their service without interruption," said Michael Goldberg from Casner & Edwards.
"We all worked diligently and collaboratively on an accelerated timeline to bring this deal to fruition. We are thankful to have had talented partners from Casner & Edwards, Jeffrey D. Sternklar, and Safford Motley in the trenches with us as we navigated many difficult issues. The sale was a win-win for both Tri-Wire and ITG, and receiving this award is a testament to the perseverance and dedication of everyone on the team who made this transaction a success," said James Wallack from Goulston & Storrs.
About Casner & Edwards, LLP
Casner & Edwards, LLP represents businesses, individuals and institutions across New England and around the world, providing the core legal services they need to succeed. Clients work directly with a team of expert attorneys, and can expect full attention, seasoned advice, top quality work, and good value.
About Goulston & Storrs PC
Collaboration is not just a pillar of our strategy; it is the key to our competitive advantage and approach to clients, community, and each other. At Goulston & Storrs, we practice law with excellence and integrity. We are a place where mutual respect and collaboration drive open discussion, transparency, creativity and optimal results for our clients. We are committed to being a diverse and inclusive workplace where sophisticated business is conducted with genuine camaraderie. To learn more about us, visit www.goulstonstorrs.com.
About Jeffrey D. Sternklar LLC
Jeffrey D. Sternklar LLC is a leading law firm offering commercial bankruptcy law services nationwide. With more than 30 years of experience, we are a trusted name among businesses nationwide. We concentrate in all aspects of insolvency matters and bankruptcy cases.
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SOURCE Goulston & Storrs PC | https://www.wibw.com/prnewswire/2022/07/25/casner-amp-edwards-goulston-amp-storrs-jeffrey-d-sternklar-win-turnaround-atlas-award-special-situation-mampa-deal-year/ | 2022-07-25T16:06:05Z |
OTTAWA, Ontario, Aug. 29, 2022 /PRNewswire/ --
Main Points from the Interview
SlotoGate's CEO Simon Coulson spoke with Amanda Greyfield from The New York Weekly about the modern online entertainment industry, achievements, and plans for 2023. The interview came up on SlotoGate's site on August 22.
On SlotoGate's goals in 2022 and their achievement
- The company set a goal to strengthen its position in a competitive environment, as well as to expand its market presence. We managed to strengthen our team with qualified personnel to provide more useful content for our visitors, and this is a good start.
On the most potential iGaming fields
- There is a tendency to increase the share of Live Casinos and Crypto Casinos. There was a reasonable request for responsible gaming. In addition, there has been a trend towards the legalization of many jurisdictions around the world. My opinion is that the above trends will continue.
On SlotoGate's tasks for 2023
- In SlotoGate, we perfectly understand where we are now, and where we want to be. We are obliged to offer relevant reviews and news. Fortunately, the team has the resources and creativity.
On future expectations
- We're thinking about our distinctive features among competitors, the introduction of new headings, the way content is presented, and the visual design of our resources.
Keep reading the whole interview with Simon Coulson here.
About SlotoGate
SlotoGate is a website where a user may find a perfect online casino with an overview prepared by professional gambling experts. Starting the journey in 2021, SlotoGate gathered a decent portfolio of casino and slot reviews, so the players can get to know what to expect from any site before signing up on an online casino.
SlotoGate's reviews include casino ratings from 1 to 5 stars, a detailed report on the quality and variety of games, bonuses, payment and withdrawal options, and many more.
Currently, https://slotogate.com/ is a growing project with many visitors from all over the world, who chose it to read about the recent gambling news. The site is adapted in many languages and is being translated in various languages as well.
Social Links
Website: https://slotogate.com/
Facebook: https://www.facebook.com/slotogate
Twitter: https://twitter.com/SlotoGate
LinkedIn: https://www.linkedin.com/company/slotogate
Instagram: https://www.instagram.com/slotogate/
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SOURCE SlotoGate | https://www.wibw.com/prnewswire/2022/08/29/exclusive-interview-with-slotogates-ceo-about-future-prospects-current-achievements/ | 2022-08-29T13:50:24Z |
Annual list recognizes employers for their excellence in leadership, innovation, workplace culture, social responsibility, customer relations and diversity, equity and inclusion.
SAN MATEO, Calif., Sept. 6, 2022 /PRNewswire/ -- Freedom Financial Network (FFN), a leading digital personal finance company with locations in Tempe, Ariz. and San Mateo, Calif., announced today it has been named one of Arizona's Most Admired Companies of 2022 by AZ Business Magazine and BestCompaniesAZ.
The award honors employers that demonstrate excellence in leadership, innovation, workplace culture, social responsibility, customer relations and diversity, equity and inclusion. This is the second consecutive year FFN has been named to the list.
"The Valley of the Sun is home to the vast majority of our teammates and we are honored to be named among this distinguished group of innovative and impactful companies," said FFN Co-Founder and Co-CEO Andrew Housser. "With more than 2,000 employees in Arizona, we are committed to serving as an employer of choice that offers meaningful career opportunities for our employees, and a culture that prioritizes giving back to the local community."
Earlier this year, FFN was named to the The State of Arizona Top Workplaces 2022 list by azcentral.com and Energage and the Phoenix Business Journal's 2022 Healthiest Employers List. FFN has also been named to the Phoenix Business Journal's annual "Best Places to Work" list 11 times, including winning first place in the extra-large company category in 2021. The company was also named to the 2022 list of the Best Places to Work in the Bay Area by the San Francisco Business Times and the Silicon Valley Business Journal.
"Freedom Financial Network is a thriving and growing company because of our dedicated employees and our culture of caring," said FFN Executive Vice President of Human Resources Linda Luman. "With over 2,600 employees across the country, we continue to add top talent to support the rapid expansion of our digital personal finance capabilities and further our mission to help everyday people get on, and stay on, a path to a better financial future. We are proud of this great distinction as one of the most admired Arizona companies and hope more people will look to Freedom for their next step in their career."
For the full list of this year's winners, visit https://azbigmedia.com/business/here-are-arizonas-most-admired-companies-for-2022/
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 2,600 dedicated employees across California, Arizona and Texas and is recognized as a Best Place to Work.
For information on career opportunities at Freedom Financial Network, visit: https://jobs.freedomfinancialnetwork.com/
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SOURCE Freedom Financial Network | https://www.kxii.com/prnewswire/2022/09/06/freedom-financial-network-named-one-arizonas-most-admired-companies-2022-by-az-business-magazine-bestcompaniesaz/ | 2022-09-06T19:02:50Z |
ftwilliam.com's Charles Brown will lead a discussion on the necessities and intricacies of defined benefit takeover plans
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Charles Brown, Actuarial Director of ftwilliam.com at Wolters Kluwer Legal & Regulatory U.S., will speak at this year's ASEA Actuarial Symposium in a session titled "Takeover Plans." The conference will take place August 5-6 in Chicago, with events starting at 8:00 AM CT.
Brown, who has over twenty years of industry experience and is a frequent contributor on ASEA webcasts, will lead a session on the importance and process of takeover plans, professional obligations, protecting one's clients, and more. He will also explore real-life situations and best practices for successful takeover plans. Brown's session will take place at 2:30pm CT on August 5.
"Defined benefit plan takeovers are a critical factor in retirement plan administration, and it is important for retirement plan service providers to understand how to effectively prepare for them to provide the best possible outcomes for their clients," said Brown. "I look forward to discussing this complex topic with the audience and hearing feedback from their own experiences."
ftwilliam is a cloud-based employee benefits and pension software which includes state of the art benefits documents, forms, and compliance systems for benefits and pension professionals. The ftwilliam product line currently consists of cloud-based software for retirement, welfare, and non-qualified documents, government forms, and compliance testing and reporting. Wolters Kluwer also offers other unique tools that help customers increase their efficiency, such as ftwPortal Pro, ftwProposal Pro, and ftwPro Amend.
As a sponsor for ASEA Actuarial Symposium, Wolters Kluwer will showcase ftwilliam.com's recent enhancements to its Defined Benefit Compliance software at the show.
The ASEA Actuarial Symposium is designed for pension actuaries and professionals who are concerned about the impact of recent regulations. The sessions are geared specifically toward issues affecting actuaries in the pension field.
To register and learn more, visit: https://www.asppa-net.org/events/2022-asea-actuarial-symposium
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk, and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Twitter, Facebook, and YouTube.
MEDIA CONTACT:
Linda Gharib
Director, Brand & Communications
Wolters Kluwer Legal & Regulatory U.S.
Tel: +1 (646) 887-7962
Email: lrusmedia@wolterskluwer.com
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SOURCE Wolters Kluwer Legal & Regulatory U.S. | https://www.mysuncoast.com/prnewswire/2022/08/04/wolters-kluwer-defined-benefit-plan-expert-speak-2022-asea-actuarial-symposium/ | 2022-08-04T15:09:57Z |
DALLAS (KDAF) — Food, it’s in almost everyone’s top 10 favorite things in the world and even then some people take it more seriously than others; those people are known as foodies.
It’s a fun concept as a foodie is defined as, “A person having an avid interest in the latest food fads,” according to Merriam-Webster. “Foodie is a relatively recent addition to our language (dating from the early 1980s), but it derives from a much older word, food, which has been with us for as long as there has been anything that could be called English,” the dictionary describes.
Alright, enough of the history lesson; recently MyDatingAdviser.com did a study on the Best Foodie Cities for Couples in the USA. So, if love is in the air and you and your significant other are foodies or aspiring foodies, these cities might just be for you.
To no one’s surprise, the Lone Star State was well represented in this list. MyDatingAdviser.com said, “In our new study, affordability, quality, diversity, and romance were taken into account from the most populous metro areas in the US. This was done by looking at food costs as well as restaurant experience in those cities.”
First things first, the top 10:
- Orlando
- Houston
- Savannah
- Tampa
- New Orleans
- Austin
- Chicago
- St. Louis
- Atlanta
- Tuscon
Now, for a deeper dive on where Texas cities landed in the rankings:
- Houston (2)
- Austin (6)
- San Antonio (21)
- Dallas-Fort Worth (72)
- El Paso (87)
- McAllen (93)
- Killeen (119)
- Corpus Christi (124)
- Beaumont (142)
- Brownsville (148)
The study also listed the top restaurants in Houston and Austin:
Houston
Austin
For more from this study, click here. | https://cw33.com/news/food-and-drink/2-cities-in-texas-listed-among-best-foodie-cities-in-us-study-finds/ | 2022-07-11T22:08:46Z |
WAPATO, Wash., July 19, 2022 /PRNewswire/ -- Pace International, a leading provider of sustainable postharvest solutions and technologies for the fresh produce industry, is pleased to welcome Luke Shepard as the newest Senior Manager of Global Operations.
In his new role, Shepard will bring process and quality improvements, strategic sourcing planning, logistics network optimization, and customer-service enhancements to the Pace global business. He will be based out of the Wapato, Washington plant supporting U.S. operations, global expansion, and diversification plans.
"Our team is very pleased to have Luke on board," said Rodrigo Cifuentes, Executive Vice President and COO, Pace International. "He brings great value to our organization through his expansive background managing chemical facilities, along with manufacturing operations and logistics. His drive for maximizing operational efficiencies will not only benefit our U.S.-based operations, but also our international business as it expands into new countries, crops, and technologies."
Most recently, Shepard served as Regional Operations Director for Dubois Chemicals (formerly BHS Specialty Chemicals), where he was responsible for personnel and operations of three chemical manufacturing facilities and two warehouses on the West Coast, covering diverse areas including strategic planning, procurement, production, repacking, warehousing, distribution, and customer service management.
Shepard served in the U.S. Air Force and holds a Master of Science in accounting, project management and business administration. He has a strong track record of process and productivity improvements, being recognized for managing operations in a safe, compliant, and cost-effective manner.
"Luke's demonstrated career achievements will elevate our operations and allow us to grow internationally faster through our product and technology diversification strategy," Cifuentes added. "As Pace operations continue to grow both in the U.S. and abroad, Luke's knowledge and expertise will help us take Pace to new heights. His skills and drive in implementing sustainable production practices and operations align well with Pace's mission to produce sustainable postharvest protection solutions, while cutting carbon emissions by half throughout its global operations by 2030."
Pace International LLC is a subsidiary of Valent BioSciences LLC, a Sumitomo Chemical Co., Ltd. business. Pace collaborates with growers, packers and agricultural organizations to develop innovative solutions to enhance, protect, and preserve fruit and vegetable quality and freshness. Pace is the leading global provider of sustainable postharvest solutions and technologies, equipment and technical services to maximize efficiencies in packing operations and increase the freshness and value of harvested crops. For more information, visit the company's website at paceint.com.
Headquartered in Libertyville, Illinois, Valent BioSciences LLC is a subsidiary of Tokyo-based Sumitomo Chemical Co., Ltd. Valent BioSciences is the worldwide leader in the development, manufacturing and commercialization of biorational products, with sales in 95 countries around the world. Valent BioSciences is an ISO 9001 Certified Company. For additional information, visit the company's website at valentbiosciences.com.
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SOURCE Pace International | https://www.wibw.com/prnewswire/2022/07/19/pace-international-welcomes-luke-shepard-senior-manager-global-operations/ | 2022-07-19T16:46:04Z |
ALPHARETTA, Ga., July 12, 2022 /PRNewswire/ - Alithya Group inc. (NASDAQ: ALYA) (TSX: ALYA) ("Alithya") is proud to announce the signing of a contract to accompany an existing Oracle client through important stages of its digital transformation processes. The contract has now commenced and is expected to generate approximately 10 million USD in revenues over its 2.5-year term.
The contract, signed with a client that offers dental insurance coverage to millions of Americans, covers an Oracle Cloud Enterprise Resource Planning (ERP) project that will include the implementation of a payroll system, as well as change management and cloud-based training services to ensure optimal adoption of the technology. The newly signed contract follows a previous Oracle Cloud Enterprise Performance Management (EPM) project conducted between the Alithya Oracle team and the client.
"This agreement seals the deal on one of the largest contracts ever awarded to the Alithya Oracle Practice. It reflects our reputation for excellence as an Oracle partner, as well as showcases Alithya's expanding role as the trusted advisor to top tier organizations across multiple sectors. This undertaking was an entire team effort, and it gives us the opportunity to deliver repeat success for this important client."
Alithya is a trusted North American leader in strategy and digital transformation, employing a dedicated and highly skilled workforce of 3,700 professionals in Canada, the United States and internationally. Alithya's strategy is based on a plan of accelerated organic growth and complementary acquisitions to create a global leader. The company's integrated offer is based on four pillars of expertise: business strategies, enterprise cloud solutions, application services, and data and analytics.
A 25-year Oracle Partner, Alithya's expertise includes more than 300 certified consultants and Oracle ACEs. The company has a dedicated practice for healthcare and financial services and serves other industries, and contributes in an advisory role to the Oracle Product Development team. To learn more about Alithya, visit www.alithya.com.
This press release contains statements that may constitute "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and other applicable U.S. safe harbours (collectively "forward-looking statements"). Statements that do not exclusively relate to historical facts, as well as statements relating to management's expectations regarding the future growth, results of operations, performance and business prospects of Alithya, and other information related to Alithya's business strategy and future plans or which refer to the characterizations of future events or circumstances represent forward-looking statements. Such statements often contain the words "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "could," "would," "will," "may," "can," "continue," "potential," "should," "project," "target," and similar expressions and variations thereof, although not all forward-looking statements contain these identifying words.
Forward-looking statements are presented for the sole purpose of assisting investors and others in understanding Alithya's objectives, strategies and business outlook as well as its anticipated operating environment and may not be appropriate for other purposes. Although management believes the expectations reflected in Alithya's forward-looking statements were reasonable as at the date they were made, forward-looking statements are based on the opinions, assumptions and estimates of management and, as such, are subject to a variety of risks and uncertainties and other factors, many of which are beyond Alithya's control, and which could cause actual events or results to differ materially from those expressed or implied in such statements. Such risks and uncertainties include but are not limited to those discussed in the section titled "Risks and Uncertainties" of Alithya's Management's Discussion and Analysis for the quarter ended March 31, 2022 and Management's Discussion and Analysis for the year ended March 31, 2022, as well as in Alithya's other materials made public, including documents filed with Canadian and U.S. securities regulatory authorities from time to time and which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Additional risks and uncertainties not currently known to Alithya or that Alithya currently deems to be immaterial could also have a material adverse effect on its financial position, financial performance, cash flows, business or reputation.
Forward-looking statements contained in this press release are qualified by these cautionary statements and are made only as of the date of this press release. Alithya expressly disclaims any obligation to update or alter any forward-looking statements, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by applicable law. Investors are cautioned not to place undue reliance on forward-looking statements since actual results may vary materially from them.
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SOURCE Alithya | https://www.wibw.com/prnewswire/2022/07/12/alithyas-oracle-practice-signs-anticipated-10-million-usd-contract-with-leading-us-dental-insurer/ | 2022-07-12T12:00:13Z |
- First Quarter Net Income of $142.5 Million or $4.20 per Diluted Share -
- Return on Equity of 33.7%, a Company Record -
- Gross Margin of 28.3%, a Company Record -
- Pre-Tax Income Margin 18.6%, a Company Record -
- Reaffirms Annual Guidance -
GREENWOOD VILLAGE, Colo., April 27, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, today announced financial results for its first quarter ended March 31, 2022.
First Quarter 2022 Highlights Compared to First Quarter 2021
- Net income increased 40% to $142.5 million or $4.20 per diluted share, both first quarter records
- Pre-tax income improved 44% to a first quarter record $188.8 million
- Total revenues increased to a first quarter record $1.0 billion
- Return on equity improved by 47% to 33.7%, a Company record
- Deliveries of 2,348 homes, led by the West and Texas Regions
- Net new home contracts of 2,944 contracts
- Homebuilding gross margin increased to 28.3% from 21.1%, a 720-basis point increase
- Adjusted homebuilding gross margin increased to 29.5%, a 640-basis point increase
- Pre-tax income margin of 18.6%, a Company record
- Homes in backlog improved 28% to 5,247 homes valued at $2.2 billion, both Company records
- Selling communities increased to 197 from 188 communities
Dale Francescon, Chairman and Co-Chief Executive Officer, stated, "During the first quarter, our teams continued to successfully overcome supply chain and labor challenges to deliver 2,348 homes that produced a first quarter record pre-tax income of $188.8 million, net income of $142.5 million and an all-time record return on equity of 33.7%, the twelfth sequential quarter of improvement. Even as interest rates rose, we saw continued demand that generated 2,944 net new contracts, resulting in a Company record backlog of 5,247 homes with a value of $2.2 billion."
Rob Francescon, Co-Chief Executive Officer and President, said, "The strategic operational initiatives implemented over the last several years continued to drive the multiple quarter trend of sequential improvement in nearly all financial metrics including a Company record 29.5% adjusted gross margin and a 18.6% pre-tax income margin, our eighth consecutive quarter of improvement. We exited the first quarter with tailwinds of record backlog and low levels of inventory across our 45 plus markets, and are confident that our spec based, land light model geared towards affordably priced homes will continue to produce strong returns for our stockholders, even with an elevated interest rate environment."
First Quarter 2022 Results
Net income for the first quarter 2022 increased 40% to $142.5 million, or $4.20 per diluted share, as compared to $101.7 million or $3.00 per diluted share, in the prior year quarter.
Home sales revenues for the first quarter 2022 increased to $988.4 million, compared to $959.3 million for the prior year quarter. Deliveries decreased to 2,348 homes compared to 2,797 in the prior year quarter due to ongoing supply chain and labor challenges. The average sales price of home deliveries for the first quarter 2022 increased to $421,000, compared to $343,000 in the prior year quarter, primarily due to sustained demand and home price appreciation across all of our markets.
Net new home contracts in the first quarter 2022 were 2,944 contracts, compared to 3,455 contracts in the prior year quarter. At the end of the first quarter 2022, the Company had 5,247 homes in backlog, representing $2.2 billion of backlog dollar value, increases of 28% and 37%, respectively.
Adjusted homebuilding gross margin percentage, excluding interest, was 29.5% in the first quarter of 2022, compared to 23.1% in the prior year quarter, and the seventh quarter in a row of sequential adjusted gross margin expansion. Homebuilding gross margin percentage in the first quarter 2022 was 28.3%, as compared to 21.1% in the prior year quarter, an improvement of 720 basis points. SG&A as a percent of home sales revenues was 10.3%, compared to 9.6% in the prior year quarter. Pre-tax income margin was 18.6% in the first quarter of 2022 compared to 13.0% in the prior year quarter and the eighth sequential quarter of improvement.
Selling communities at the end of the first quarter increased to 197 from 188 communities in the prior year quarter and decreased sequentially from 202 selling communities at the end of 2021 due to continued demand and increased sales pace.
Return on equity for the first quarter of 2022 was 33.7%, compared to 22.9% in the prior year period, a Company record and the twelfth consecutive quarter of sequential improvement for this metric.
Financial services revenues were $26.3 million compared to $33.6 million in the prior year quarter, and financial services pre-tax income decreased to $11.2 million from $15.3 million, primarily as a result of lower originations and normalization of gain on sale premiums.
Strengthened Balance Sheet and Liquidity
The Company ended the quarter with a strong financial position including $1.8 billion of stockholders' equity, a 33% year over year increase, and $1.1 billion of total liquidity, including $254.3 million of cash.
During the first quarter, the Company increased its quarterly cash dividend by 33% to $0.20 per share and repurchased 1,013,387 shares of its common stock for $62.4 million.
As of March 31, 2022, homebuilding debt to capital decreased to 35.6%, from 36.1% at December 31, 2021. As of March 31, 2022, net homebuilding debt to net capital increased slightly to 29.3%, from 26.3% at December 31, 2021 primarily due to increased investments in inventory.
Full Year 2022 Outlook
David Messenger, Chief Financial Officer of the Company, commented, "Given our first quarter performance, record backlog, number of homes under construction, low levels of supply in our markets and planned community openings, we are reaffirming our full year closing guidance of 11,500 to 12,500 homes, home sales revenues to be in the range of $4.3 billion to $4.9 billion and our year end selling communities to be in the range of 240 to 250 with the majority of our new community openings occurring in the third and fourth quarters."
Webcast and Conference Call
The Company will host a webcast and conference call on Wednesday, April 27, 2022 at 5:00 p.m. Eastern time, 3:00 p.m. Mountain time, to review the Company's first quarter 2022 results, discuss recent events and conduct a question-and-answer period. To participate in the call, please dial 877-451-6152 (domestic) or 201-389-0879 (international). The live webcast will be available at www.centurycommunities.com in the Investors section. A replay of the conference call will be available through May 27, 2022, by dialing 844-512-2921 (domestic) or 412-317-6671 (international) and entering the pass code 13727640. A replay of the webcast will be available on the Company's website.
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.
Non-GAAP Financial Measures
In addition to the Company's operating results presented in accordance with generally accepted accounting principles (GAAP), this press release includes the following non-GAAP financial measures: Adjusted Net Income, Adjusted Diluted Earnings per Common Share (Adjusted Diluted EPS), Adjusted Homebuilding Gross Margin, Adjusted EBITDA, and Ratio of Homebuilding Net Debt to Net Capital. These non-GAAP financial measures should not be used as a substitute for the Company's operating results presented in accordance with GAAP, and an analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP. Please refer to the reconciliation of each of the above referenced non-GAAP financial measures following the historical financial information presented in this press release.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "continue," "will," "may," "potential," "looking ahead," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements in this release include the Company's operating and financial guidance for 2022 and management's belief that the Company's spec based, land light model geared towards affordably priced homes will continue to produce strong returns for stockholders, even with an elevated interest rate environment. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on historical information available at the time the statements are made and are based on management's reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. The following important factors could cause actual results to differ materially from those expressed in the forward-looking statement: adverse changes in general economic conditions; the potential impact of global supply chain disruptions, labor, land and raw material shortages and delays, inflation, municipal and utility delays, and COVID-19 on the Company's business, industry and the broader economy; the ability to identify and acquire desirable land; availability and cost of financing; the effect of interest rate and tax changes; reliance on contractors and key personnel; availability and pricing for land, labor and raw materials; and the other factors included in the Company's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law.
Century Communities, Inc.
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
Adjusted Net Income and Adjusted Diluted Earnings per Share (Adjusted Diluted EPS) are non-GAAP financial measures that we believe are useful to management, investors and other users of the Company's financial information in evaluating its operating results and understanding its operating trends without the effect of certain non-recurring items. The Company believes excluding certain non-recurring items provides more comparable assessment of its financial results from period to period. We define Adjusted Net Income as consolidated net income before (i) income tax expense, (ii) inventory impairment and other (iii) restructuring costs, and (iv) loss on debt extinguishment, less adjusted income tax expense, calculated using the Company's GAAP tax rate for the applicable period. Adjusted Diluted EPS is calculated by excluding the effect of inventory impairment, restructuring costs and loss on debt extinguishment from the calculation of reported EPS.
Century Communities, Inc.
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
Adjusted homebuilding gross margin excluding inventory impairment and other and interest is not a measurement of financial performance under United States generally accepted accounting principles; however, the Company's management believes that this information is meaningful as it isolates the impact that inventory impairment and indebtedness have on homebuilding gross margin and permits the Company's stockholders to make better comparisons with the Company's competitors, who adjust gross margins in a similar fashion. This non-GAAP financial measure should not be used as a substitute for the Company's operating results. An analysis of any non-GAAP financial measure should be used in conjunction with results presented in accordance with GAAP.
Century Communities, Inc.
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
Adjusted EBITDA
Adjusted EBITDA is a non-GAAP financial measure we use as a supplemental measure in evaluating operating performance. We define Adjusted EBITDA as consolidated net income before (i) income tax expense, (ii) interest in cost of home sales revenues, (iii) other interest expense, (iv) depreciation and amortization expense, (v) loss on debt extinguishment, (vi) inventory impairment and other. We believe Adjusted EBITDA provides an indicator of general economic performance that is not affected by fluctuations in interest rates or effective tax rates, levels of depreciation or amortization, and items considered to be non-recurring. Accordingly, our management believes that this measurement is useful for comparing general operating performance from period to period. Adjusted EBITDA should be considered in addition to, and not as a substitute for, consolidated net income in accordance with GAAP as a measure of performance. Our presentation of Adjusted EBITDA should not be construed as an indication that our future results will be unaffected by unusual or non-recurring items. Our Adjusted EBITDA is limited as an analytical tool, and should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP.
Century Communities, Inc.
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
Ratio of Net Homebuilding Debt to Net Capital
The following table presents the Company's ratio of net homebuilding debt to net capital, which is a non-GAAP financial measure. The Company calculates this by dividing net homebuilding debt (notes payable and borrowings under our revolving line of credit less cash and cash equivalents, and cash held in escrow) by net capital (net homebuilding debt plus total stockholders' equity). Homebuilding debt is our total debt minus outstanding borrowings under our mortgage repurchase facilities. The most directly comparable GAAP measure is the ratio of debt to capital. The Company believes the ratio of net homebuilding debt to net capital is a relevant and useful financial measure to investors in understanding the leverage employed in its operations and as an indicator of the Company's ability to obtain external financing.
SOURCE Century Communities, Inc. | https://www.kxii.com/prnewswire/2022/04/27/century-communities-reports-record-first-quarter-2022-results/ | 2022-04-27T23:18:55Z |
BEIJING, May 13, 2022 /PRNewswire/ -- A recent survey from Global Times showed that nearly 80 percent of Chinese respondents said about 90 percent considered the China-ASEAN ties as friendly and over 75 percent hold a positive attitude toward their future.
The survey was jointly conducted by the Global Times Research Center and Centre for Chinese Foreign Strategy Studies, Renmin University of China between March 15 and April 15 in 31 Chinese provinces, regions and municipalities among the general public aged 18 to 69 and college students. It collected 2,012 valid questionnaires from the general public and 1,150 from college students.
About 61.8 percent of the respondents said they have a good impression of ASEAN, and those who have visited ASEAN members share high scores in terms of the impression about the region. On average, the level of affection of the Chinese public toward ASEAN, with a 3.8 score, is much higher than the other blocs and countries.
Most of the college students are impressed by the ASEAN's rich resources and culture. They also share a high level of affection.
"Those results showed that China and ASEAN have developed very successful relations in the past two to three decades," Lu Xiang, research fellow at the Chinese Academy of Social Sciences, told the Global Times. This results from the ramped-up efforts of China's diplomacy toward Southeast Asia.
The survey also shows that although fewer Southeast Asian countries share divergences with China on questions like the South China Sea, those conflicts are under control, and have not become "the mainstream tone" for bilateral ties. The Chinese public supports and trusts China's policy and its relations with ASEAN, Lu said.
Positive momentum
Although 10 ASEAN members share vast differences, China has been handling the relations with them pretty well, either from diplomatic efforts or the infrastructure cooperation under the China-proposed Belt and Road Initiative, which all laid the foundation for the positive momentum in China-ASEAN ties, experts said.
Over 90 percent of the respondents said they are interested in ASEAN, and nearly two-third of them share very high interests. For example, the culture and arts of the region have become a great attraction for the Chinese public. The region's business and trade, technology, nature, history and sports attract about 40 percent of the respondents, according to the survey.
Among the surveyed college students, 54.3 percent said they know ASEAN and over 50 percent said they know the region's politics, geography, culture and economy.
Some 90.4 percent of the respondents said China-ASEAN relations are "friendly" and over two-thirds took it as "very friendly" and "relatively friendly."
"Those survey results are in line with Chinese people's objective perception of the development of China-ASEAN relations," Xu Liping, a research fellow on Southeast Asian studies at the Chinese Academy of Social Sciences in Beijing, told the Global Times recently.
In China's neighboring diplomacy, ASEAN occupies a very important position, Xu said, noting that ordinary Chinese will have a high degree of favorability and affinity for ASEAN.
"This objectively shows that there is a strong internal driving force for the development of China-ASEAN relations, and strengthening cooperation and friendly people-to-people exchanges will continue to be the mainstream of bilateral relations," he said.
In responding to the question about "whether China and ASEAN can properly handle the South China Sea question," 26.9 percent of the respondents said the two sides can always handle it well while 67.3 percent believed that although there are divergences, they can generally handle it properly, the survey showed. It also means that 94.2 percent of the respondents hold a positive attitude toward the two sides handling the South China Sea question well.
The survey also shows that the majority of the respondents attach importance to economic cooperation between China and ASEAN, followed by the public health sector. In emerging industries, most of them value energy and green development cooperation.
ASEAN and China reaffirmed their commitment to further strengthen their partnership and cooperation in line with the ASEAN-China Comprehensive Strategic Partnership (CSP) established in 2021, as officials of both sides met at the 23rd ASEAN-China Joint Cooperation Committee Meeting in April 2022.
The meeting also discussed developments in ASEAN and China and the continued progress of cooperation over the past year. Substantive progress has been made in various areas of the ASEAN-China Plan of Action 2021-2025, such as trade, ICT, digital economy, education, public health, culture and information, media, environment and sustainable development, and narrowing the development gap.
In the education sector, 88.4 percent of the college students surveyed showed a positive attitude toward exchange activities with universities in the region. Activities related to culture and arts are considered the most popular ones, as 61.6 percent of the respondents mentioned, followed by language study activities.
Singapore as top interest
While the Chinese public shares high interests in ASEAN members, Singapore has become the country that attracted them the most. The average score of affection and interest for Singapore is above 4, with the highest score of 5, followed by Malaysia and Thailand, which both scored 3.8.
Chinese students are most attracted by Singapore, and then Thailand and Malaysia.
"Such interest in Singapore is in line with the general perception," Lu said. He noted that as a Chinese-dominated society, Singapore shares many similarities with China.
ASEAN remains China's largest trade partner, accounting for 14.6 percent of China's total foreign trade in the first four months of 2022, with the EU and the US ranking second and third, according to the latest Chinese customs data released on Monday.
China-ASEAN trade totaled 1.84 trillion yuan ($274.5 billion) from January to April 2022 up 7.2 percent year-on-year.
While Singapore, Malaysia and Thailand were the three countries considered to be the most friendly with China, as the GT survey showed, nearly 96 percent of the respondents said they support China and ASEAN to further develop friendly neighborly relations. The Chinese public will better understand those countries with more economic and cultural exchanges with China, and it's not strange that Chinese people are interested in the above-mentioned three Southeast Asian countries as the tour packages of those three are the most common in China, experts said.
"It's believed that with the further development of the Belt and Road projects, the public will know other ASEAN members better, with a more favorable attitude," Lu said.
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SOURCE Global Times | https://www.mysuncoast.com/prnewswire/2022/05/13/global-times-investigates-nine-out-10-chinese-see-friendly-china-asean-ties/ | 2022-05-13T05:53:39Z |
Flight attendant helps deliver baby midflight
Published: May. 19, 2022 at 8:03 AM EDT|Updated: 22 minutes ago
(CNN) - A flight attendant jumped into action to help a passenger deliver a baby midflight.
The baby’s mother went into an “early and unexpected” labor on a recent Frontier Airlines flight from Denver to Orlando.
The airlines said flight attendant Diana Giraldo calmly led the mother to the back bathroom and helped deliver the baby girl.
The plan was diverted to Pensacola, Florida, where paramedics were standing by at the gate to help.
The captain said the team, especially Giraldo, did a wonderful, “heroic” job.
The mother decided to give her new baby the middle name Sky.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/05/19/flight-attendant-helps-deliver-baby-midflight/ | 2022-05-19T12:28:17Z |
RIYADH, Saudi Arabia, Aug. 17, 2022 /PRNewswire/ -- IMF staff lauded the Kingdom's economic and financial condition in their final statement made at the end of their visit about Article IV consultation with the Kingdom in 2022. They reiterated their constructive prognosis for the Kingdom's economy in the short and medium term, with further rebound in economic growth rates and inflation control, as well as enhanced strength in the Kingdom's external economic position.
According to the statement, the IMF anticipated the Kingdom's GDP to rise by 7.6% in 2022, the non-oil sector to grow by roughly 4.2%, the current account surplus to climb to 17.2% of GDP, and overall inflation to remain at an average of 2.8%.
The statement noted that the Kingdom successfully dealt with the coronavirus pandemic (COVID-19), emphasizing that it is in a position to overcome the risks posed by the Ukrainian crisis and the tightening monetary policy cycle in developed economies, noting that the impact of tightening global conditions on the Kingdom's economy is limited due to the banking sector's high levels of liquidity and capitalization. Economic activity is also improving significantly, aided by increased oil prices and government reforms implemented in accordance with Vision 2030.
The report also emphasized that the kingdom's economy's future prognosis is optimistic in the short and medium term, with ongoing recovery of economic growth rates, containment of inflation, and strengthening of its external economic position. The IMF staff noted that the continuation of its implementation of structural reforms will help ensure a strong, comprehensive and environmentally friendly recovery, pointing out that the Kingdom is strongly recovering from pandemic-caused recession, indicating that the support provided by public finances, the momentum of reforms, high oil prices and increased oil production helped the Kingdom recover, as it witnessed a strong boost.THE REAL NON-OIL GDP GREW BY 4.9% IN 2021 driven primarily by the recovery of the manufacturing and retail sectors (including e-commerce) and the commercial sector.
The statement noted that The Kingdom's unemployment rate fell to 10.1% in the first quarter of 2022 as a result of the high rates of employment of Saudi citizens in the private sector, while praising the effective initiatives to increase women's participation in the workforce, which led to exceeding the Kingdom's Vision 2030 targets.
In terms of fiscal policy, the mission applauded the Kingdom's commitment to ensuring the sustainability of public finances and efforts to avoid keeping up with economic cycle tendencies by establishing a spending cap unaffected by oil price variations. IMF staff also expected that public finances would outperform budget forecasts in 2022, and that the debt-to-GDP ratio would decline.
The mission also emphasized that financial stability risks are well contained, as levels of profitability, liquidity, and capitalization are good at the banking system level, and that the impact of further tightening of global monetary policy conditions will be limited on credit growth and non-oil GDP, but positive on banking sector profitability.
The IMF staff's final statement welcomed the Kingdom's efforts regarding climate policies, stressing that the government is working to intensify investments in the production of blue and green hydrogen, in addition to its continuous efforts in research and development with a focus on the circular carbon economy.
For his part, His Excellency the Minister of Finance, Mr. Mohammed bin Abdullah Al-Jadaan, said: The statement highlighted the current indicators and positive future prospects for the Saudi economy, which has overcome many of the obstacles and challenges confronting the global economy over the last two years while maintaining financial sustainability, enhancing the Saudi economy's solidity and strength; stressing the importance of the Kingdom's economic and structural changes under Vision 2030, as well as their contribution to attaining sustainable and inclusive economic growth.
His Excellency welcomed the IMF staff' praise of the Kingdom's efforts to mitigate the economic, social and health effects of the Corona pandemic, stressing that the Kingdom is currently experiencing a strong recovery following the pandemic-induced recession, and that rising oil prices provides an opportunity to accelerate the pace of reforms being implemented under the Saudi Vision 2030.
It is noteworthy that an initial statement was issued by the IMF mission following the conclusion of Article IV consultation with the Kingdom of Saudi Arabia in 2022, which took place during April 2022. This final statement confirms the preliminary findings of the previous statement.
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SOURCE Ministry Of Finance | https://www.wibw.com/prnewswire/2022/08/17/mof-welcomes-imf-staffs-statement-article-iv-consultation-with-kingdom-2022/ | 2022-08-17T18:14:56Z |
Nevada student says anonymous gun tips used to bully him
By KEN RITTER
Associated Press
LAS VEGAS (AP) — A high school honors student in Nevada says in federal court that he’s being bullied by students and harassed by campus administrators who search him for a gun every time someone identifies him through an anonymous school threats hotline. Graduating Reno High School junior Lucas Gorelick said Friday he thinks he’s being targeted because of his Jewish heritage, his work with Democratic party candidates and his school achievements. His father compared using the anonymous SafeVoice system to say his son has a gun to “swatting,” or hoax police calls. A federal judge on Wednesday referred to school violence and declined to order school administrators to stop the searches. | https://localnews8.com/news/ap-national/2022/05/27/nevada-student-says-anonymous-gun-tips-used-to-bully-him/ | 2022-05-28T01:21:27Z |
RICHMOND, Va., Aug. 18, 2022 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and a developer of multifamily communities, has been named one of Inc. 5000's fastest-growing private companies in America for the sixth consecutive year.
"We are thrilled that Capital Square has been named to the Inc. 5000 list for the sixth year in a row in recognition of the firm's continued growth as a sponsor of tax-advantaged real estate investments and developer of multifamily communities," said Louis Rogers, founder and chief executive officer of Capital Square. "This is a testament to the skill, talent and dedication of Capital Square's team and the tremendous work that has been accomplished since our founding in 2012, which has firmly established Capital Square as one of the leading real estate firms in the nation."
With an annual growth rate of 282%, Capital Square ranked 2,117 on the 2022 Inc. 5000 list, which is comprised of the 5,000 fastest-growing private firms in America based on a three-year percentage of revenue growth rate. Founded in 2012, Capital Square was first named to the Inc. 5000 list in 2017.
Capital Square is a national real estate firm specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges, qualified opportunity zone funds for tax deferral and exclusion and a real estate investment trust (REIT). In recent years the company has become an active developer of mixed-use multifamily properties in the southeastern US, with eight current projects totaling approximately 2,000 apartment units with a total development cost in excess of $600 million. Since 2012, Capital Square has completed more than $6.0 billion in transaction volume. Capital Square's related entities provide a range of services, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for a growing number of high-net-worth investors, private equity firms, family offices and institutional investors. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation for six consecutive years. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense's list of fastest growing companies. Additionally, Capital Square was listed by Virginia Business on their "Best Places to Work in Virginia" report in 2019 and their "Fantastic 50" reports in 2019 and 2020. To learn more, visit www.CapitalSq.com.
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SOURCE Capital Square | https://www.kxii.com/prnewswire/2022/08/18/capital-square-named-inc-5000-list-fast-growing-private-companies-country-sixth-consecutive-year/ | 2022-08-18T20:57:22Z |
INDIANAPOLIS, Aug. 30, 2022 /PRNewswire/ -- Legendary championship-winning racecar driver and team owner Tony Stewart is headed to the FOX broadcast booth for the biggest race of the NHRA Camping World Drag Racing Series season, this weekend's prestigious Dodge Power Brokers NHRA U.S. Nationals at Lucas Oil Indianapolis Raceway Park.
Stewart will join the NHRA on FOX team of Brian Lohnes and Tony Pedregon for eliminations on Monday, Sept. 5 at the Big Go, with eliminations set to air from 2-5 p.m. ET on FOX.
"Tony Stewart is one of the racing world's most versatile drivers, celebrating success at the highest levels," said Frank Wilson, FOX Sports VP Event & Studio Production. "He is now bringing that versatility to the broadcast booth, first in the NASCAR Cup Series on FOX earlier this year, and now as part of the NHRA on FOX for drag racing's most iconic event. Along with two-time Funny Car champ, Tony Pedregon, the two Tonys will no doubt provide some entertaining and insightful analysis beginning this weekend from Indy."
Stewart added NHRA team owner to his impressive, Hall of Fame resumé this season with the introduction of Tony Stewart Racing. The two-car nitro team features three-time Funny Car world champ Matt Hagan and Top Fuel star Leah Pruett, as the standout duo and title contenders have combined for four wins during the 2022 season.
Stewart, who also called action during select NASCAR on FOX broadcasts this season, will now join the NHRA on FOX broadcast booth on drag racing's grandest stage, offering his unique insight and adding another must-see incentive for fans at a critical juncture of the season. Along with the prestige of the annual race in Indy, the 68th annual Dodge Power Brokers NHRA U.S. Nationals is the last race before the Countdown to the Championship playoffs, giving NHRA a huge platform on FOX to close the regular season with Stewart in the booth as well.
"It's a great opportunity to have a motorsports icon and a new NHRA owner like Tony to join the NHRA on FOX broadcast during the U.S. Nationals," NHRA Vice President of Broadcast Steve Reintjes said. "Tony is passionate about the NHRA, and he brings his experience from his recent role as an analyst during select NASCAR on FOX events to the NHRA broadcast booth. It's a natural fit for Indy, our highest-profile NHRA event."
The race on the FOX network comes during a stretch that features eight of nine NHRA races on FOX, a string that started in June in Bristol. The coverage on FOX has yielded impressive viewership numbers throughout, including the most recent broadcast in Brainerd on Aug. 21. Coverage of the Lucas Oil NHRA Nationals registered 813,000 viewers, up more than 10 percent over last year's Brainerd race on FOX.
Television coverage of the prestigious Dodge Power Brokers NHRA U.S. Nationals includes racing action on Fox Sports 1 (FS1) from 1-3 p.m. on Sunday, Sept. 3, and coverage of the Pep Boys NHRA All-Star Funny Car Callout from 4-5:30 p.m. Qualifying action will continue from 5:30-7 p.m. on Sunday on FS1. On Monday, live coverage from eliminations will begin at 12 p.m. on FS1 and continue on FOX from 2-5 p.m.
For more information on NHRA, please visit www.nhra.com.
UPCOMING NHRA ON FOX SCHEDULE
August 31-Sept. 5: Dodge Power Brokers NHRA U.S. Nationals, Lucas Oil Indianapolis Raceway Park, Indianapolis. MONDAY, SEPT. 5: 2:00-5:00 P.M. ET on FOX
Sept. 15-18: Pep Boys NHRA Nationals, Maple Grove Raceway, Reading, Pa. SUNDAY, SEPT. 18 2:00-4:00 P.M. ET or 4:30-6:30 P.M. ET on FOX (NFL adjacent broadcast, check local listings)
Qualifying action at each race will air on Fox Sports 1 (FS1). For the full NHRA broadcast schedule on FOX and FS1, please visit www.nhra.com.
Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is America's largest retailer of RVs and related products and services. Our vision is to build a long-term legacy business that makes RVing fun and easy, and our Camping World and Good Sam brands have been serving RV consumers since 1966. We strive to build long-term value for our customers, employees, and shareholders by combining a unique and comprehensive assortment of RV products and services with a national network of RV dealerships, service centers and customer support centers along with the industry's most extensive online presence and a highly trained and knowledgeable team of associates serving our customers, the RV lifestyle, and the communities in which we operate. We also believe that our Good Sam organization and family of programs and services uniquely enable us to connect with our customers as stewards of the RV enthusiast community and the RV lifestyle. With RV sales and service locations in 42 states, Camping World has grown to become the prime destinations for everything RV. For more information, visit www.CampingWorld.com
Headquartered in San Dimas, Calif., NHRA is the primary sanctioning body for the sport of drag racing in the United States. NHRA presents 22 national events featuring the NHRA Camping World Drag Racing Series, NHRA Lucas Oil Drag Racing Series, FuelTech NHRA Pro Mod Drag Racing Series presented by D-Wagon, Constant Aviation Factory Stock Showdown™ and Top Fuel Harley Series. NHRA provides competition opportunities for drivers of all levels in the NHRA Summit Racing Series and NHRA Street Legal™. NHRA also offers the NHRA Jr. Street® program for teens and the Summit Racing Jr. Drag Racing League® for youth ages 5 to 17. With 120 Member Tracks, NHRA allows racers to compete at a variety of locations nationally and internationally. NHRA's Youth and Education Services® (YES) Program reaches over 30,000 students annually to ignite their interest in automotive and racing related careers. NHRA's streaming service, NHRA.tv®, allows fans to view all NHRA national events as well as exclusive features of the sport. In addition, NHRA owns and operates three racing facilities: Gainesville Raceway in Florida; Lucas Oil Indianapolis Raceway Park; and Auto Club Raceway at Pomona in Southern California. For more information, log on to www.NHRA.com, or visit the official NHRA pages on Facebook, Instagram, Twitter, and YouTube.
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SOURCE NHRA | https://www.wibw.com/prnewswire/2022/08/30/tony-stewart-added-fox-broadcast-booth-prestigious-dodge-power-brokers-nhra-us-nationals/ | 2022-08-30T18:57:09Z |
HOUSTON, Aug. 3, 2022 /PRNewswire/ -- Bracewell LLP announced today that Steven D. Cook has joined the firm as of counsel in the Houston office. Prior to joining Bracewell, Cook served three years as the deputy assistant administrator for the Office of Land and Emergency Management with the United States Environmental Protection Agency, and more than two decades as lead HSE counsel at LyondellBasell, one of the world's largest plastic, chemical and refining companies.
"We are thrilled to welcome Steven to our Houston office and the environmental team," said Bracewell Managing Partner Gregory M. Bopp. "Steven has a wealth of experience in the environmental arena that will add to our ability to serve clients in Texas as well as nationally."
Cook served as the deputy assistant administrator for the EPA's Office of Land and Emergency Management from 2018 to 2021. He oversaw key national programs on process safety, incident response, coal ash management and the environmental cleanup of hundreds of sites. Cook also chaired the EPA's Superfund Task Force. He joined the EPA after nearly 23 years as lead counsel at LyondellBassell, where he provided legal direction on health, safety, environmental and security matters.
"Steven is a highly regarded member of the environmental legal community. He brings over 30 years of experience to the firm, including an extensive knowledge of EPA policies and the chemical and refinery industry," said Timothy A. Wilkins, a partner in Bracewell's environmental, lands and resources practice, co-chair of the environmental, social and governance practice, and managing partner of the firm's Austin office.
Cook will focus his practice at Bracewell on issues related to complex Superfund sites and reopeners, major incident and crisis responses, and the siting and permitting of new energy and mining projects.
"Bracewell has a highly regarded environmental team," said Cook. "I look forward to working with my new colleagues in advising clients on a host of environmental issues."
Cook earned a B.S. in chemical engineering from Brigham Young University and graduated magna cum laude from Brigham Young University J. Reuben Clark Law School. He later earned an MBA from The University of Texas McCombs School of Business. Cook has been an adjunct professor at the University of Houston Law Center, where he taught courses on the Clean Air Act, enforcement and the intersection of environmental and bankruptcy law.
About Bracewell LLP
Bracewell is a leading law and government relations firm primarily serving the energy, infrastructure, finance and technology industries throughout the world. Our industry focus results in comprehensive state-of-the-art knowledge of the commercial, legal and governmental challenges faced by our clients and enables us to provide innovative solutions to facilitate transactions and resolve disputes.
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SOURCE Bracewell LLP | https://www.mysuncoast.com/prnewswire/2022/08/03/former-senior-epa-official-steven-cook-joins-bracewells-environment-lands-resources-practice/ | 2022-08-03T16:13:32Z |
Heard’s lawyers try to poke holes in Depp’s libel lawsuit
(AP) - Attorneys for actor Amber Heard spent much of last week trying to portray her ex-husband, Johnny Depp, as a jealous and drunken abuser who can only blame himself for his nose-diving Hollywood career.
Since Heard concluded her testimony in a Virginia courtroom Tuesday, her lawyers have presented witness testimony from people who were once close to Depp but shunted from his orbit. They’ve included Depp’s former longtime agent, the actor Ellen Barkin and Heard’s sister.
The attorneys’ goal: Undermine Depp’s libel suit against Heard. The suit claims she falsely portrayed him as a domestic abuser and cost him his lucrative film career, including the “Pirates of the Caribbean” movie franchise.
Depp points to a 2018 Washington Post op-ed in which Heard described herself as “a public figure representing domestic abuse.” Depp’s lawyers say he was defamed by the article even though it never mentioned his name.
The trial will enter its sixth week when it resumes Monday. Below are snippets of testimony from some of the witnesses called last week by Heard’s attorneys in their attempt to poke holes in Depp’s case.
DEPP’S HOLLYWOOD CAREER
Depp blames Heard’s 2018 op-ed for spinning his career into free fall. But Heard’s lawyers claim that only Depp can be responsible for his star dimming in the Hollywood firmament.
Tracey Jacobs, who served as the actor’s agent for about 30 years, said that Depp was “showing up late to set consistently on virtually every movie” during their final years working together.
“I was very honest with him and said, ‘You’ve got to stop doing this – this is hurting you,’” Jacobs said during a previously taped deposition that was played for jurors. “And it did.”
In the years before he fired her in 2016, Jacobs said that Depp became increasingly unprofessional, while his drug and alcohol use rose.
She also said that Depp wore earpieces on movie sets so that lines from the script could be fed to him.
“Initially, crews loved him because he was always so great with the crew. But crews don’t love sitting around for hours and hours and hours waiting for the star of the movie to show up,” Jacobs said.
“And it also got around town,” Jacobs added. “I mean, people talk, it’s a small community. And it made people reluctant to use him.”
Heard’s lawyers also zeroed on the reported loss of Depp’s role in the sixth “Pirates of the Caribbean” film. And they played the video deposition of Tina Newman, a Walt Disney Studios production executive.
Lawyers asked her: “Are you aware of any decision maker within Disney who has ever said they are not casting Johnny Depp in ‘Pirates 6′ — or any other role — because of Amber Heard’s op-ed?”
“No,” Newman said.
DEPP’S ALCOHOL AND DRUG USE
Depp has testified that he never struck Heard and that he was the victim of abuse inflicted by his now ex-wife. Heard’s lawyers counter that Depp did abuse her, both physically and sexually, and that he can’t deny what happened because he was often too intoxicated to remember.
Jurors heard recorded testimony from a mutual friend of the couple, iO Tillett Wright, who said Depp confided to him that he hated sobriety.
“He wanted to get sober for Amber,” Tillett Wright said. “He didn’t enjoy being sober. It wasn’t fun, and that it was distressing and exhausting and very hard to do. He really, really resented having to be sober.”
Tillett Wright said Depp’s personality turned mean and paranoid when he was using alcohol or drugs.
Bruce Witkin, a musician who was friends with Depp for nearly 40 years, testified in his deposition that he tried to help Depp with his substance abuse.
“He’d say, ‘I’ll be all right. I’ll be all right,’” Witkin said, recalling a conversation. “Well, you’re not all right.”
Actor Ellen Barkin, who dated Depp for a few months in in the 1990s, said during her deposition that Depp was “always drinking or smoking a joint” or doing other illegal drugs.
WAS DEPP A JEALOUS LOVER?
To hear Barkin tell it — yes.
Barkin said that Depp was controlling, jealous and angry. She said Depp would often ask her: “Where are you going? Who are you going with? What did you do last night?”
She added: “I had a scratch on my back once that got him very, very angry because he insisted it came from me having sex with a person who wasn’t him.”
Witkin, the musician and former Depp friend, said the actor displayed signs of jealousy in relationships going back to the 1980s, when Depp was married to Witkin’s sister-in-law.
“When he was younger, he was jealous of Nick Cage and jealous of Adam Ant because my sister-in-law knew them,” Witkin said.
There also were a few times when Depp became jealous during his relationship with French singer Vanessa Paradis, “which were ridiculous,” Witkin said.
“A lot of it was in his head and not really in reality,” Witkin said.
Depp’s jealousy with Heard emerged when she was off filming a movie “or doing something that he couldn’t be around to see what was going on,” Witkin said. “I think he would work himself up.”
TESTIMONY FROM HEARD’S SISTER
Amber Heard’s sister, Whitney Heard Henriquez, said she personally witnessed Depp hitting Heard. Depp has testified he never struck Heard.
Henriquez testified the fight occurred in March 2015 — a month after Depp and Heard’s wedding — when Heard found evidence that Depp had already had an extramarital affair.
Henriquez recounted that an inebriated Depp blamed Heard for forcing him into the extramarital encounter.
At one point, she said, she was caught between Depp and Heard as he charged up a staircase to confront Heard. Henriquez said she was struck in the back, and Heard became enraged and “landed one” on Depp.
One of Depp’s bodyguards intervened, but “by that time Johnny had already grabbed Amber by the hair with one hand and was whacking her repeatedly in the face with the other,” Henriquez said.
It was the only time, Henriquez said, that she personally witnessed a physical assault. But she said she saw the aftermath of other fights, including bruises on Heard.
However, Henriquez acknowledged on cross-examination that she sided with Depp at times in their disputes, and said she worked to keep the couple together even after she watched her sister be physically assaulted.
“If my sister said that she still wanted to be with Johnny and if I could help with that in any way I was going to support her,” she said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/22/heards-lawyers-try-poke-holes-depps-libel-lawsuit/ | 2022-05-22T13:48:05Z |
Gwen Taylor Schwarz
Gwen Taylor Schwarz, age 81 of Temple passed in the early morning hours on the 6th day of May 2022 in a local hospital. She was born on December 29th, 1940, in Temple to Ervin and Yvonne (James) Taylor Sr.
Gwen has been a resident of Bell County all her life. She graduated from Sharp High School. She was a faithful member of the Val Verde Baptist Church. Gwen spent 38 years working at the Veterans Administration in the Echo Lab until her retirement. In her spare time, she loved painting beautiful scenery and wildlife, especially birds. You could also find her in her yard caring for her flowers. Gwen also loved to collect Santa Claus figurines.
She was preceded in death by her parents, her first husband JD Cook and her son Larry Cook.
Left to cherish Gwen’s memory is her son Rex Cook and wife Denise of Temple, her daughter in law Cecilia Mote of Frisco, her two brothers Dr. James Taylor and wife Nancy of Leander and Dan Taylor Jr. of Colleyville, as well as her husband Charles Schwarz of Temple. Gwen will be greatly missed by her six grandchildren Krystal Sellears and husband Brandon, Britten Cook and fiancé Dannie, MaKayla Cook and fiancé Sebastian, Meagan Cook, RJ Cook and Braiden Cook as well as one great granddaughter Adalyn Sellears.
Funeral services will be held at Val Verde Baptist Church in Holland on Thursday, May 12th, 2022, at 10:00am with a burial to follow in the Church cemetery. A visitation will be held from 6:00-8:00pm on Wednesday, May 11th, 2022, at Hewett-Arney Funeral Home.
Hewett-Arney Funeral Home of Temple is entrusted with these arrangements.
Paid Obituary | https://www.tdtnews.com/obituaries/article_dc9f06da-cfd0-11ec-8efa-337dad25b50f.html | 2022-05-10T10:13:50Z |
LONDON (AP) — Former British Treasury chief Rishi Sunak formally launched his campaign to replace departing Prime Minister Boris Johnson on Friday, leaping to the front of what is set to be a large pack of Conservative Party contenders — even as some party lawmakers pushed to get the scandal-tarnished Johnson out of office before his replacement is elected over the summer.
Johnson announced his resignation on Thursday — a dizzying about-face after months of insisting he would stay in the job despite mounting ethics scandals and growing Conservative discontent.
He quit as party leader with a statement to the nation outside 10 Downing St., but said he would stay on as prime minister until his successor is chosen by the party. That decision didn’t sit well with some of his Conservative colleagues, who worry that Johnson lacks the authority to hang on, or could do mischief even as a caretaker prime minister.
James Cleverly, who was appointed education secretary Thursday after his predecessor quit during a mass exodus of ministers, defended Johnson’s decision to stay.
“It’s right that he has stood down and it’s right that he has put a team in place to continue governing whilst the selection procedure flows for his successor,” Cleverly told Sky News.
Party officials on Monday are expected to set out the timetable for a leadership contest, with the aim of having a winner by the end of the summer. The two-step process involves Tory lawmakers voting to reduce the field of candidates to two, who will go to a ballot of all party members.
Sunak, whose resignation this week helped topple Johnson, launched his campaign with a slick video casting himself as a serious leader who could “grip this moment and make the right decisions.”
“Do we confront this moment with honesty, seriousness and determination, or do we tell ourselves comforting fairy tales that might make us feel better in the moment, but will leave our children worse off tomorrow?” asked Sunak, one of the bookies’ favorites to win the contest.
Also in the running are Tom Tugendhat, who chairs the House of Commons’ influential Foreign Affairs Committee, and Attorney General Suella Braverman. Other likely contenders include former Health Secretary Sajid Javid, Foreign Secretary Liz Truss, Defense Secretary Ben Wallace and Education Secretary Nadhim Zahawi.
Tony Travers, professor of government at the London School of Economics, said the party would be seeking a leader “a bit less exciting” than Johnson.
“Less exciting, but competent,” he said
Johnson remains in office atop a caretaker administration but many Conservatives say a lame-duck leader is the last thing the country needs amid Russia’s war in Ukraine and a worsening cost-of-living crisis triggered by soaring food and energy prices.
The prime minister’s spokesman, Max Blain, said Johnson would abide by political convention and “stick with pre-agreed policies” during in his remaining time. But Johnson’s limping government plans to push ahead with contentious legislation to rip up parts of its Brexit deal with the European Union, and with a plan to send asylum-seekers to Rwanda that is being challenged in the courts.
Some Conservatives also are wary of Johnson’s intentions after a resignation speech in which he made clear he didn’t want to leave, but had failed “to persuade my colleagues that it would be eccentric to change governments when we’re delivering so much and when we have such a vast mandate.”
George Freeman, who quit Thursday as science minister, said he worried about a leadership election in which “we choose the wrong person in a hurry because of the instability.”
Some had pushed for Johnson to give way and let Deputy Prime Minister Dominic Raab step in as temporary leader. But lawmaker Geoffrey Clifton-Brown, treasurer of the Conservative committee that runs party leadership contests, said “that ship has sailed.”
The main opposition Labour Party said having Johnson stay in power was unacceptable. The party — whose two top leaders were cleared Friday by police of breaking pandemic restrictions by having curry and a beer with colleagues last year — vowed to call for a no-confidence vote in Johnson in the House of Commons next week. That would trigger a general election in the unlikely event it was successful.
The brash, 58-year-old politician who took Britain out of the EU and has been at the helm through COVID-19 and the war in Ukraine has repeatedly defied the odds during a rollercoaster political career.
In recent months he managed to remain in power despite accusations that he was too close to party donors, that he protected supporters from bullying and corruption allegations, and that he misled Parliament about government office parties that broke COVID-19 lockdown rules.
He was fined by police for attending one of the parties — the first prime minister ever sanctioned for breaking the law in office — but went on to survive a no-confidence vote last month in Parliament, even though 41% of Conservative lawmakers tried to oust him.
But Johnson was brought down by one scandal too many — this one involving his appointment of a politician who had been accused of sexual misconduct.
Johnson faced days of questions, and gave days of conflicting answers, over what he knew about past allegations against Chris Pincher, a Conservative lawmaker who resigned as party deputy chief whip last week after allegedly groping two men at a private club. Pincher acknowledged he had got drunk and “embarrassed myself.”
Javid and Sunak, key Cabinet members who were responsible for fighting COVID-19 and inflation, resigned within minutes of each other Tuesday, setting off a wave of departures.
Johnson clung to power for days, defiantly telling lawmakers on Wednesday that he had a “colossal mandate” from the voters and intended to get on with the business of governing.
His resignation the next day was a humiliating defeat for a politician whose jokey bluster brought a celebrity status unmatched in British politics — but who was accused of behaving as if the rules didn’t apply to him.
Conservative supporter Ernest William Lee said he “heaved a great sigh of relief” when Johnson announced he would leave.
“I’m sorry this country has got into this state,” Lee said. “It’s a mess and it needs someone very strong — male or female, I don’t care — to run it, run it properly and get it back on its feet.
“I hate being the laughing stock of Europe.”
___
Mayuko Ono contributed to this story.
___
Follow all of AP’s coverage of Prime Minister Boris Johnson at https://apnews.com/hub/boris-johnson | https://cw33.com/business/ap-business/uk-leader-hopefuls-jostle-as-johnson-digs-in-for-final-weeks/ | 2022-07-09T01:34:23Z |
Hintz scores 2 for playoff-contending Stars in 3-2 win
By STEPHEN HAWKINS
AP Sports Writer
DALLAS (AP) — Roope Hintz scored two goals in a span of about two minutes and Vladislav Namestnikov got the game-winner as the playoff-contending Dallas Stars got a much-needed 3-2 victory over the Seattle Kraken. The Stars overcame an early two-goal deficit at home after losing all three games in four nights on their trip to Canada. The Stars have 93 points and three games left. They are tied with Nashville for the top two wild-card spots in the Western Conference. The Predators have a game in hand. Both are four points ahead of Vegas. | https://localnews8.com/sports/ap-national-sports/2022/04/23/hintz-scores-2-for-playoff-contending-stars-in-3-2-win/ | 2022-04-24T04:49:04Z |
Which jogger shorts are best?
Jogger shorts are arguably the most comfortable of athletic shorts. Traditionally made from sweatshirt material, these sweat shorts offer a casual look and soft feel. Plus, they’re easy to pull on and off with their elastic and drawstring waistbands.
This short style hits just below the knee or above, and women’s styles can have shorter hemlines. For a high-performance pair, Nike Men’s Tech Fleece Shorts are the top choice.
What to know before you buy jogger shorts
Uses
Jogger shorts may have been around for a while but they’re now considered athleisure wear. This means they can be worn for both athletic activities and for leisure, such as lounging around the house, going out to brunch or running errands. They’re ideal for running, jogging and working out at the gym. They offer the same comfort as sweatpants but their shorter length makes them ideal for warmer weather or sweatier activities.
Material
The majority of jogger shorts are made from cotton or cotton-polyester blends.
- Fleece shorts offer a comfortable, sweatpants feel and are also the thickest fabric and heavyweight.
- Jersey shorts have a t-shirt quality and are lightweight. The material is thin.
- French terry is a happy medium between fleece and jersey in terms of thickness. It features soft loops on the inside and a smooth material on the outside. French terry is a mid-weight cotton or cotton-blend.
- Terry offer a towel-like, looped texture (both on the inside and outside). While terry jogger shorts may not be the first choice for hitting the gym, they’re perfect for lounging.
Style
Jogger shorts have a straight leg. The main variation is in their length. Men’s styles can fall below the knee, at the knee or a few inches above the knee. Women’s styles typically feature mid- to upper-thigh hemlines. Longer Bermuda sweat shorts are also an on-trend length for women as well as high-waisted shorts. Overall, jogger shorts are casual with slim fit.
Sizing and inseam
Men’s jogger shorts range in sizes from XS-XXXL. Women’s sizes run from XXS-XXL. Some brands also offer plus sizes. Pay attention to the inseam length if you’re tall because you may end up with a short short. Shorter jogger shorts — with inseams of 4 inches or less — offer a greater range of movement when running but not everyone is comfortable with their coverage.
What to look for in quality jogger shorts
Waistband
There are three types of waistbands for jogger shorts.
- Elastic waistbands are easy to pull on and comfortable to wear because they expand and contract with your body.
- Drawstring waistbands offer adjustable fit and more security than elastic waistbands. They allow you to tighten the waist of your shorts, and are often visible in the front where they tie.
- Elastic and drawstring waistbands offer the perks of both closures for a comfortable and secure closure.
Pockets
Jogger shorts are a simple style with few flourishes. Pockets are one feature that many people can’t live without in their shorts. Side seam pockets are common, though not all sweat shorts include them. Some men’s styles feature zip pockets for added security.
Color
The classic color for sweat shorts is heather gray. This style of shorts are widely available in but not limited to gray, black, white, beige and blue. Also, pay attention to the drawstring color when choosing jogger shorts.
Hem
While the majority of jogger shorts feature a regular hem, there are a few variations.
- A curved hem may appear on women’s jogger shorts with short inseams (3-4 inches).
- Cutoff jogger shorts have frayed or raw-cut hems and offer a casual look.
- Cuffed shorts feature a roll cuff hem that both elevates the short and its length.
How much you can expect to spend on jogger shorts
Jogger shorts start as little as $10 and can cost upwards of $100 for a fashionable pair. A quality pair falls into the $30-$60 range.
Jogger shorts FAQ
How do I care for my jogger shorts?
A. The majority of jogger shorts can be machine-washed and tumble-dried, but some jogger shorts can only be hand-washed, so read the label. Be aware that those made of 100% cotton can shrink, especially if washed in warm water or dried on high heat. Washing your shorts in cool water can also help preserve the color.
Are jogger shorts flattering?
A. While sweat shorts aren’t immediately associated with looking your best, the style is now more widely accepted for daywear and celebrated. Some body types find high-waisted styles to be a flattering fit. You can also choose a length that works best with your body type.
What are the best jogger shorts to buy?
Top jogger shorts
What you need to know: These top-quality, thick fleece shorts are the perfect mid-length shorts.
What you’ll love: The hidden pocket can fit your phone and features a zipper. The size range is inclusive from XS-4XL. They come in eight colors with a tastefully placed Nike logo. The 100% cotton is breathable and comfortable. The elastic waistband features a drawstring.
What you should consider: For some, the fabric is too heavy for working out.
Where to buy: Sold by Dick’s Sporting Goods and Amazon
Top jogger shorts for the money
Ezrun Women’s Bermuda Sweat Shorts
What you need to know: A long-length style, these comfy jogger shorts are versatile for the gym, sleeping, running and going out for errands.
What you’ll love: The cotton-blend stretch for comfort but doesn’t lose its shape. Reviewers love the deep side pockets. The material is soft and lightweight, and the shorts come in two lengths, and both offer modest coverage if you don’t want to show too much skin.
What you should consider: The sizing can be inconsistent.
Where to buy: Sold by Amazon
Worth checking out
Maamgic Men’s Athletic Gym Shorts
What you need to know: This affordable pair of men’s jogger shorts are a perfect mid-weight thickness.
What you’ll love: These French terry shorts are comfortable enough to sleep in. They come in a wide range of colors, including a few bold hues, and the cotton-polyester blend is durable. There are three pockets, two side ones and a zippered back pocket.
What you should consider: The inseam is short at 5 inches and the shorts can ride up.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/apparel-br/bottoms-br/best-jogger-shorts/ | 2022-07-16T09:08:52Z |
- Responds to Substantial Stock Accumulation by Indaba Capital Management
- Protects Long-Term Value of All Stockholders' Investments in Tabula Rasa
MOORESTOWN, N.J., July 26, 2022 /PRNewswire/ -- Tabula Rasa HealthCare, Inc. ("Tabula Rasa," "TRHC" or the "Company") (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced that its Board of Directors has unanimously approved the adoption of a limited-duration stockholder rights plan ("Rights Plan") under which stockholders will receive rights to purchase a new series of preferred stock in certain circumstances.
The Board of Directors resolved to adopt the Rights Plan following the July 22, 2022 filing by Indaba Capital Management ("Indaba") of an amendment to its Schedule 13D, in which the firm disclosed that it has acquired a position that represents approximately 25% of the outstanding shares in TRHC. According to Indaba's filings with the SEC, they began buying shares in TRHC in April 2022.
Gordon Tunstall, Lead Independent Director, stated, "We are adopting this Rights Plan to protect the long-term value of all Tabula Rasa stockholders' investments in the Company. While we appreciate Indaba's investment in TRHC, we want to ensure that the Board is able to fulfill its fiduciary duty to maximize the value of Tabula Rasa, which includes protecting TRHC from being controlled or acquired in a manner or at a price that are not in the best interests of our stockholders. We have engaged with Indaba on multiple occasions and anticipate that we will have further dialogue with them."
The adoption of the Rights Plan by the Board is intended to allow the Company to realize the long-term value of the Company's assets by protecting the Company from actions of third parties that the Board determines are not in the best interest of the Company and its stockholders. Given the importance of maintaining focus on enhancing the strength of the Company's business and the differentiated value TRHC delivers to clients through the Company's comprehensive portfolio of innovative solutions and services, the Board believes that adopting the Plan is in the best interests of the Company and its stockholders and will contribute to the preservation of the Company's long-term value.
The Rights Plan is similar to plans adopted by other publicly traded companies. Pursuant to the Rights Plan, the Company is issuing one right for each share of common stock as of the close of business on August 5, 2022. The rights will initially trade with Tabula Rasa's common stock and will become exercisable only if any person acquires 10% or more of the Company's outstanding common stock. In that case, each holder of a right (other than the acquiring person, whose rights will become void and will not be exercisable) will be entitled to purchase, at the then-current exercise price, additional shares of common stock having a then-current market value of twice the exercise price of the right. Any shareholders with beneficial ownership of 10% or more of the Company's outstanding common stock prior to this announcement are generally grandfathered at their current ownership levels but are not permitted to increase their ownership without triggering the Rights Plan. The Rights Plan is effective immediately and will expire on July 25, 2023.
Further details about the Rights Plan will be contained in a Form 8-K to be filed by the Company with the Securities and Exchange Commission.
RBC Capital Markets, LLC is acting as financial advisor to the Company and Morgan, Lewis & Bockius LLP is acting as legal counsel to the Company.
Tabula Rasa HealthCare (TRHC) (NASDAQ: TRHC) provides medication safety solutions that empower healthcare professionals and consumers to optimize medication regimens, combatting medication overload and reducing adverse drug events – the fourth leading cause of death in the US. TRHC's proprietary technology solutions, including MedWise®, improve patient outcomes, reduce hospitalizations, and lower healthcare costs. TRHC's extensive clinical tele-pharmacy network improves care for patients nationwide. Its solutions are trusted by health plans and pharmacies to help drive value-based care. For more information, visit TRHC.com.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give current expectations or forecasts of future events or the Company's future financial or operating performance, and include the Company's expectations regarding healthcare regulations, industry trends, available opportunities to the Company, the financial and operating performance of the Company, the impacts of the COVID-19 pandemic, and the Company's expectations for 2022 and beyond. Such statements are identified by use of the words "believe," "will," "may," "estimate," "expect," "intend," "plans," "predict," "could," or the negative of these terms or similar expressions. You should read these statements carefully because they discuss future expectations, contain projections of future results of operations or financial condition, or state other "forward-looking" information. These statements relate to, without limitation, the Company's financial performance and the assumptions that underlie these statements and the Company's future engagement with stockholders. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated by the forward-looking statements. Factors that might cause such a difference include, but are not limited to, (i) the impacts of the ongoing COVID-19 pandemic and other health epidemics; (ii) the Company's ability to adapt to changes or trends within the market for healthcare in the U.S.; (iii) a significant increase in competition from a variety of companies in the healthcare industry; (iv) developments and changes in laws and regulations, including increased regulation of the healthcare industry through legislative action and revised rules and standards; (v) the extent to which we are successful in gaining new long-term relationships with clients or retaining existing clients; (vi) the growth and success of the Company's clients, which is difficult to predict and is subject to factors outside of its control; (vii) the Company's ability to maintain relationships with a specified drug wholesaler; (viii) increasing consolidation in the healthcare industry; (ix) managing the Company's growth effectively; (x) fluctuations in operating results; (xi) the Company's ability to manage its cash flows; (xii) failure or disruption of the Company's information technology and security systems; (xiii) dependence on the Company's senior management and key employees; (xiv) the Company's future indebtedness and its ability to obtain additional financing, reduce expenses, or generate funds when necessary; (xv) macroeconomic conditions, including the impact of inflation, on the Company's business and operations; (xvi) the Company's ability to consummate the sale of PrescribeWellness and/or execute on its planned divestitures of the SinfoníaRx, and DoseMe businesses, the costs associated therewith, and risks related to diverting management's attention from the Company's ongoing business operations; (xvii) risks related to the volatility in the Company's stock price; (xviii) the Company's engagement with Indaba; and (xix) the risks set forth from time to time in TRHC's filings with the Securities and Exchange Commission ("SEC"), including those factors discussed under the caption "Risk Factors" in TRHC's most recent annual report on Annual Report on Form 10-K, filed with the SEC on February 25, 2022, and in subsequent reports filed with or furnished to the SEC. TRHC assumes no obligation and does not intend to update these forward-looking statements, except as required by law, to reflect events or circumstances occurring after today's date.
Contacts:
Media:
Anthony Mirenda
amirenda@trhc.com
908-380-2143
FGS Global
Andrew Cole/Jared Levy/Warren Rizzi
TRHC-SVC@SARDVERB.com
212-687-8080
Investors:
Frank Sparacino
fsparacino@trhc.com
866-648-2767
View original content:
SOURCE Tabula Rasa HealthCare, Inc. | https://www.wibw.com/prnewswire/2022/07/26/tabula-rasa-healthcare-adopts-limited-duration-stockholder-rights-plan/ | 2022-07-26T12:21:11Z |
WASHINGTON (AP) — With Congress deadlocked over how to address racism and excessive use of force, President Joe Biden plans to sign an executive order on policing Wednesday, the second anniversary of George Floyd’s death.
The decision reflects Biden’s struggle to use the limited powers of his office to advance his campaign promises, as well as his attempt to strike a balance between police and civil rights groups at a time when rising concerns about crime are eclipsing calls for reform.
Most of the order is focused on federal law enforcement agencies — for example, requiring them to review and revise policies on use of force. It would also create a database to help track officer misconduct, according to the White House.
Although the administration cannot require local police departments to participate in the database, which is intended to prevent problem officers from hopping from job to job, officials are looking for ways to use federal funding to encourage their cooperation.
In addition, the order would restrict the flow of surplus military equipment to local police.
The public announcement is scheduled for the first day after Biden’s return from his first trip to Asia as president.
Rev. Al Sharpton described Biden’s order as “an important step” that showed the president “took the initiative” when Congress failed to act, but he said activists would “never give up” on pushing for legislation.
“George Floyd woke us up, and we should not go back to sleep,” Sharpton said in a statement.
Biden is expected to appear alongside relatives of Floyd, whose killing by Minneapolis police sparked nationwide protests two years ago.
It was the largest series of demonstrations in American history, occurring in the midst of coronavirus lockdowns and President Donald Trump’s divisive reelection campaign.
However, transforming the initial outcry into political change has proven difficult.
When four officers were convicted last year for killing Floyd, Biden urged Congress to pass legislation to reform police by the anniversary of his death.
The guilty verdict was “not enough,” he said, and “we can’t stop here.”
However, no legislation was passed, and bipartisan talks dragged on, and later broke down.
The White House eventually decided to move forward with executive actions rather than wait for Congress.
In September, the Justice Department curtailed federal agents’ use of no-knock warrants — which allow law enforcement agents to enter a home without announcing their presence — and updated its policy to prohibit agents from using chokeholds in most circumstances.
But extending such rules to local police is more challenging, and White House officials have spent months in negotiations with civil rights groups and police organizations.
The resulting set of policies is less extensive than originally sought, not to mention delayed by a year.
“We know full well that an executive order cannot address America’s policing crisis the same way Congress has the ability to, but we’ve got to do everything we can,” said a statement from NAACP President Derrick Johnson.
The order goes beyond issues involving misconduct and use of force. It would also assess the impact of facial recognition software on civil liberties, look for ways to reduce the spread of COVID-19 in federal correctional facilities and suggest better ways to collect data on police practices.
The research could eventually lay the groundwork for more changes within American law enforcement in the future. | https://cw33.com/news/politics/ap-politics/ap-sources-biden-to-sign-policing-executive-order/ | 2022-05-25T08:04:52Z |
(KTLA) — What do foreign live centipedes, dried sea cucumbers, plants and swine sausages have in common?
U.S. Customs and Border Protection seized these unusual items in recent shipments to local ports of entry in the Greater Los Angeles area.
On May 5, CBP discovered over 55 pounds of noodles with ruminant ingredient and swine sausage products manifested as “packaging box,” CBP said in a news release.
On May 4, the agency’s agriculture specialists found something they considered odd while examining an air mail shipment declared as “earphones” arriving from Malaysia. They opened the box and discovered 26 vials containing live centipedes concealed in earphone cases.
On May 3, the agriculture specialists stopped 15 unknown live propagative plants with soil declared as “plastic flowers” arriving from China.
A week earlier, on April 27, CBP intercepted a shipment arriving from Hong Kong with 28.6 pounds of dried sea cucumbers declared as “dried food.”
These four shipments lacked the required official permits or certificates, CBP said. Such violations are a lesser-known form of contraband arriving every day from overseas in ocean containers and postal and express airmail to destinations all over the United States, the agency added.
When prohibited animal products are intercepted, CBP issues “Emergency Action Notifications” to initiate the destruction or re-exportation of the contraband items. In fiscal year 2020, the L.A. field office issued 2,695 such notifications, and in 2021, it issued 4,665 — a 73% increase over the previous year.
“The illegal importation of plants and animal products could introduce foreign pests and diseases threatening the United States’ vital agriculture industry,” said Carlos C. Martel, director of field operations at the CBP office in L.A. “These unprecedented numbers reflect the critical role of CBP’s agriculture specialists in identifying and intercepting these shipments.”
The shipments of live centipedes and the dried sea cucumbers — marine animals used in various cuisines — were referred to U.S. Fish and Wildlife Service for investigation and final determination. The federal agency requires a license to trade in wildlife and possibly additional permits if the species is protected.
The propagative plants, the ruminant noodles and swine sausages were destroyed under U.S. Department of Agriculture and CBP supervision using steam sterilization, according to the news release.
“Unregulated animal products from overseas are in high demand, and smugglers attempt to smuggle those products into the United States for profit without regard to consumer safety or potential damage to the agriculture industry,” Martel said.
Many consumers are not aware of the importation restrictions, according to CBP.
“Pork products from African Swine Fever (ASF)-affected countries may introduce the virus to the United States, crippling the domestic pork industry and U.S. pork exports valued at $6.5 billion annually,” the news release states.
African Swine Fever is spread by contact with an infected animal’s body fluids. It can also be spread by ticks that feed on infected animals. | https://cw33.com/news/nexstar-media-wire/live-centipedes-dried-sea-cucumbers-seized-from-california-ports-cbp/ | 2022-05-19T20:18:13Z |
PITTSBURGH, Aug. 12, 2022 /PRNewswire/ -- "We thought there should be a way to provide wildlife birds with seed without the usual worry of dropped and wasted seed," said one of two inventors, from Merced, Calif., "so we invented the SURE FEED BIRD FEEDER. Our design ensures that dropped seed can be easily obtained by other birds."
The patent-pending invention provides an improved design for bird feeders. In doing so, it offers a convenient way to collect excess seed dropped by birds. As a result, it helps to reduce seed waste. The invention features a functional and aesthetic design that is easy to use so it is ideal for households, bird watchers, etc. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Fresno sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-FMB-105, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/08/12/inventhelp-inventors-develops-new-bird-feeder-prevent-seed-waste-fmb-105/ | 2022-08-12T17:45:02Z |
$2M relic stolen, angel statue beheaded at Brooklyn church
By MICHAEL R. SISAK
Associated Press
NEW YORK (AP) — Police say someone busted into the altar at a New York City church, stole a $2 million gold relic and removed the head from a statue of an angel at some point late last week.
The incident happened between 6:30 p.m. Thursday and 4 p.m. Saturday at St. Augustine’s Roman Catholic Church, known as the “Notre Dame” of Brooklyn’s Park Slope neighborhood.
The church was closed for construction at the time. Camera recordings from the church’s security system were also stolen, the church’s pastor said.
The Diocese of Brooklyn called it “a brazen crime of disrespect and hate.”
The diocese said the thief or thieves cut through a metal protective casing and made off with a tabernacle dating to the church’s opening in the 1890s.
The tabernacle, a box containing Holy Communion items, was made of 18-carat gold and decorated with jewels, police and the diocese said. It’s valued at $2 million.
The diocese said it is irreplaceable because of its historical and artistic value.
According to a guidebook posted on the church’s website, the tabernacle was built in 1895 and restored in 1952 and 2000.
It’s described as a “masterpiece and one of the most expensive tabernacles in the country, guarded by its own security system,” which involves an “electronically operated burglar-proof safe” and one-inch thick steel plates that “completely enclose the tabernacle.
Angel statues flanking the tabernacle were decapitated and destroyed, the diocese said. A safe in the sacristy, where priests prepare for Mass, was also cut open but nothing was inside.
Holy Eucharist, bread consecrated as the body of Christ, was taken from the tabernacle and thrown on the altar.
“This is devastating, as the Tabernacle is the central focus of our church outside of worship, holding the Body of Christ, the Eucharist, which is delivered to the sick and homebound,” Rev. Frank Tumino, the pastor of St. Augustine said in a statement issued by the diocese.
“To know that a burglar entered the most sacred space of our beautiful Church and took great pains to cut into a security system is a heinous act of disrespect,” Tumino said. | https://localnews8.com/news/ap-national/2022/05/30/2m-relic-stolen-angel-statue-beheaded-at-brooklyn-church/ | 2022-05-30T17:40:10Z |
SAN FRANCISCO, June 28, 2022 /PRNewswire/ -- The SkillUp Coalition, a national collaboration of nonprofits, training providers, and employers, today announced the Hire Opportunity Coalition (HOC) will merge with SkillUp. The combination of the organizations will enable SkillUp to build deeper relationships with a wide array of leading American employers, thereby providing a guided and supported career path to more workers. For the Hire Opportunity Coalition, joining with SkillUp will deliver new benefits to partner employers, including helping them hire more opportunity talent, learn emerging best practices and amplify their equitable employment efforts. Moving forward, the initiative will be known as the SkillUp Coalition Employer Network.
The HOC was created in 2015 by Starbucks and the Schultz Family Foundation, which was co-founded by Sheri Schultz and Starbucks chief executive officer Howard Schultz. HOC has long been a pioneer in helping national employers hire, retain, and professionally develop Opportunity Youth (16-24-year-olds who are disconnected from school and/or employment). Legacy HOC members include Amazon, Verizon, Five Guys, and Hyatt, to name just a few. Meanwhile, SkillUp has emerged as a worker-centric innovative enabler of hundreds of thousands of job seekers. Together, SkillUp and HOC stand to make an even greater impact on worker mobility -- by working hand-in-glove with leading employers -- at a time when it's needed most.
"SkillUp's commitment goes beyond simply providing resources; we aim to further connect the infrastructure of the workforce development ecosystem and drive change in employer hiring and retention strategies," says Elissa Salas, VP, Partnerships & Opportunities for SkillUp. "We feel privileged to continue building relationships with so many companies that have long been committed to empowering diverse, opportunity talent and we're eager to support their efforts to help these job seekers get hired, grow and thrive in their careers."
"By combining the Hire Opportunity Coalition with SkillUp, we believe we can have an even bigger impact on improving worker mobility," says Marie Groark, Director of Programs for the Schultz Family Foundation. "Together, SkillUp and HOC will help America's biggest employers tap into a diverse pool of talent, while providing young job seekers greater opportunities to develop new skills and pursue new career paths."
SkillUp's goal is to help workers across the country develop the knowledge, confidence, and skills to land in-demand, high-growth jobs. In less than two years, SkillUp has built a thriving coalition of more than 75 leading training and education providers, employers, technology companies, job readiness nonprofits, and philanthropies. With a robust national direct-to-worker strategy, SkillUp has supported over 900,000 workers and launched localized efforts in 8 regions across the country, many of which align with HOC employers' priority hiring markets. SkillUp is excited to learn and iterate alongside the HOC.
Joining forces with SkillUp will help to take the coalition to new heights. This partnership will help employers hire, learn, and amplify their efforts.
Help Employers Hire: SkillUp will become a resource to help HOC employers recruit diverse talent in priority markets, and SkillUp's technology platform will allow HOC employers to connect with talent at all times. Additionally, SkillUp's "Earn and Learn" initiative will help employers offer best-in-class education and upskilling benefits to employees; companies that meet certain criteria will be eligible to receive marketing support from SkillUp, free of charge, joining current national partners including UC Health, Verizon, Bright Horizons, TTEC, Worthington Industries, and more. Further, SkillUp's partnerships with top training and education providers can help HOC employers tap into a stream of workers who have recently completed specialized training programs or received new accreditations.
Help Employers Learn: SkillUp will offer members expanded access to resources and coalition partners including Guild, Jobs for the Future, OneTen, Opportunity@Work, and the New York Jobs CEO Council. SkillUp can also glean original insights about the efficacy of employers' hiring and retention practices through direct access to thousands of frontline workers nationwide.
Help Employers Amplify Their Efforts: For employers seeing success in hiring, retaining, and growing opportunity youth and opportunity talent, the SkillUp Coalition offers dozens of ways to boost the signal on leadership and lessons learned. Some opportunities include SkillUp's bi-annual Impact Lab, joining with coalition partners on high-profile workforce development events, partnering with SkillUp on joint white papers, blog posts, podcast interviews, or other thought leadership efforts.
Since its inception in 2015, members of the Hire Opportunity Coalition -- previously known as the 100,000 Opportunities Initiative -- have hired over 200,000 opportunity youth. Joining forces with the SkillUp Coalition is a proud way to honor, build upon, and carry forward these accomplishments, plus open up a bright next chapter.
Employers interested in learning more or getting involved with the coalition are encouraged to visit SkillUp.org/Employer-Network.
Founded in July 2020, SkillUp Coalition is a 501(c)(3) nonprofit that connects workers with the right tools, resources, and support so they can make confident career shifts, find quality living-wage jobs, and position themselves for promising career growth. The SkillUp ecosystem provides career exploration, training & employer connections, career coaching, and resources to support workers at any stage of their career journey.
The coalition brings together over 75 leading organizations including training and education providers, technology developers, policymakers, employers, and philanthropies. In addition to its national reach, SkillUp operates LevelUp local partnerships in the Bay Area, Los Angeles, Florida, Louisiana, Northern Nevada, Philadelphia, New York City, and Ohio. Since its founding less than 2 years ago, SkillUp has connected over 900,000 workers to career and training support throughout the country.
SkillUp proudly advocates for an affordable, equitable, upskilling ecosystem that ensures every worker has high opportunity employment. For more information, please visit www.skillup.org or follow us on Twitter, Facebook, or LinkedIn.
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SOURCE SkillUp Coalition | https://www.wibw.com/prnewswire/2022/06/28/hire-opportunity-coalition-merges-with-skillup-coalition-helping-accelerate-mission-both-organizations/ | 2022-06-28T14:28:14Z |
Dr. Garnett to help guide Ukko through its next phase of development, as it advances its peanut allergy therapeutic into clinical trials
TEL AVIV, Israel, Sept. 13, 2022 /PRNewswire/ -- Ukko, the biotechnology company designing new proteins to treat and manage food allergies, today announced the expansion of its advisory board with the appointment of Dr. Tim Garnett, former Chief Medical Officer of Eli Lilly. Dr. Garnett brings decades of experience, influence, and leadership in the drug development space and will lend his expertise to Ukko as it advances its food allergy therapeutic into clinical trials and commercialization.
Ukko uses its AI-driven protein engineering platform to design measurably better and safer proteins for use in food and therapeutics. On the therapeutics side, it is currently developing a new treatment for people with peanut allergies, and the company's future drug pipeline will include solutions for all food allergies as well as other protein-based allergies.
"As Ukko progresses towards the clinical stage, we are thrilled to add Dr. Tim Garnett to our advisory board," said Anat Binur, co-founder and CEO of Ukko. "Ukko is pioneering a new approach to managing food allergies, and we will benefit tremendously from the leadership and strategic counsel of Dr. Garnett."
Dr. Tim Garnett spent more than 20 years at Eli Lilly, most recently serving as Chief Medical Officer from 2008 until 2021, and was formerly the Chair of the R&D Leadership Forum for Pharmaceutical Research and Manufacturers of America (PhRMA). During his tenure, Dr. Garnett led the successful development of therapeutics in women's health care, endocrinology and neuroscience through regulatory approval and successful launch in multiple geographies including the US, Europe, China and Japan. Dr. Garnett also serves as a board member of several innovative pharmaceutical companies.
"Despite the growing prevalence of food allergies, this sector has been underserved and current therapeutic solutions are limited," said Dr. Garnett. "Ukko's protein engineering platform opens up a new frontier of safer and efficacious therapeutics for people with food allergies. The Ukko team is pioneering the future of food allergy treatments, and I look forward to supporting their mission in the coming years."
Ukko's advisory board supports the company on the policy, business strategy, science, and clinical aspects of Ukko's work. Dr. Garnett joins several other advisory board members already in place.
Ukko is a biotechnology company on a mission to eradicate food allergies and sensitivities. Ukko's tech platform uses AI, immunology, and protein engineering to design measurably better and safer proteins for use in food and therapeutics. Ukko designs proteins such that they maintain or improve the protein's beneficial properties (therapeutic components, taste, nutritional value) but will not trigger an immune response. The company's initial product pipeline includes a new and better treatment for people with peanut allergies and gluten proteins designed for people with celiac disease. Ukko's investors include Leaps by Bayer, Khosla Ventures, Innovation Endeavors, Continental Grain Company, PeakBridge Ventures, Skyviews Life Science, Fall Line Capital, and TIME Ventures. For more information, visit www.ukko.us.
Media Contact: ukko@missionnorth.com
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SOURCE Ukko | https://www.kxii.com/prnewswire/2022/09/13/ukko-appoints-pharma-industry-leader-dr-tim-garnett-advisory-board/ | 2022-09-13T12:45:42Z |
BSN Program Provides Training to Prepare Denver-Area Students for In-Demand Careers
AURORA, Colo., July 19, 2022 /PRNewswire/ --Concorde Career Colleges, Inc., a national leader in health care education, has launched a Bachelor of Science in Nursing (BSN) Program at its Aurora campus to help address the widespread shortage of registered nurses (RN).
According to The American Association of Colleges of Nursing, over 40% of the RN workforce is over 50 years old, creating critical healthcare shortages — a need that has become even more essential during the global pandemic. With anticipated growth in the population and an increased emphasis on preventative care, between 2020 to 2030, an average of 194,500 job openings for RNs are projected each year, notes the U.S. Bureau of Labor Statistics.
Concorde-Aurora's BSN Program has been granted interim approval by the Colorado State Board of Nursing and combines classroom theory and lab instruction with clinical experience to prepare students to enter the health care industry in under three years. This blended format helps students obtain the knowledge necessary in providing patient care while using critical thinking and health care technology.
The 29-month program will accommodate 24 students per term, allowing 48 students to pursue a career in nursing throughout the year. Enrollment is now open, and coursework will begin in September 2022.
"Training our students with real-world experiences will help equip them to work with a variety of patients and in different clinical settings around the Denver area," said Dr. Thomas Wicke, Concorde-Aurora Campus President. "When our graduates leave Concorde, we want them to feel confident in the skillsets they've acquired and ready to deliver high-quality patient care across their entire career."
BSN students must complete 120 credit hours, 300 in-person lab hours, and 675 clinical hours to ensure they are well-equipped to perform daily tasks in a variety of medical settings. After program completion, graduates may prepare to take the National Council Licensure Examination for Registered Nursing (NCLEX) or continue to pursue advanced degrees in different specializations like oncology and pediatrics, as well as toward careers as a nurse practitioner or educator.
"With the ongoing national shortage of registered nurses, it's become more imperative than ever to provide resources for the Denver community and those interested in pursuing a career in healthcare," said Concorde-Aurora Director of Nursing Jeanette Rodriguez, MSN, RN, CNE. "Our new program will accelerate students' educational experiences, allowing them to quickly enter and succeed in an in-demand career field."
The Denver Metro area Concorde-Aurora campus, which offers a variety of health care programs, is located at 111 N. Havana Street, Aurora, CO 80010 just west of Interstate 225. For more information, please visit the campus website or call (720) 808-0455.
Concorde Career Colleges, Inc., which operates 17 campuses in eight states under the brands Concorde Career College and Concorde Career Institute, prepares America's next generation of health care and dental professionals for rewarding careers. The Concorde hybrid/blended education model combines online coursework with in-person lab classes and clinical experiences. Concorde's 25 student-focused academic programs and personalized support prepares graduates for in-demand careers in nursing, dental, respiratory, diagnostic and other health care roles. Concorde's campuses are accredited by either the Accrediting Commission of Career Schools and Colleges (ACCSC) or the Council on Occupational Education (COE). For more information, visit www.concorde.edu.
Media Contact:
Devyn Raver
CBD Marketing
draver@cbdmarketing.com
312.661.1050
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SOURCE Concorde Career Colleges | https://www.kxii.com/prnewswire/2022/07/19/concorde-aurora-offer-bachelor-science-nursing-degree-fall-2022/ | 2022-07-19T15:11:00Z |
DALLAS (KDAF) — There’s nothing more Texan than loading up the family and heading out to your favorite steakhouse to get a slab of meat tossed on your plate with some delicious sides.
Wide Open Eats released its list of the Best of the Best Texas Top 10 Steakhouses earlier in the year and it more than likely holds true to this day. “Some of the most well-known aspects of this large state are its cattle country and its prized beef, so it is no surprise that Texas also houses some of the best steakhouses in the United States.”
We know that you probably solidified your go-to steakhouse many moons ago, but that shouldn’t stop you from venturing to a new, possibly better spot. There are superb eateries and steakhouses all over North Texas and that statement rings true with this report.
Two Dallas steakhouses made it to this publication’s top 10 and no surprise, Pappas Bros. Steakhouse indeed made the list.
Wide Open Eats top 10 Texas steakhouses:
- Killen’s Steakhouse – Pearland
- Bohanan’s Prime Steaks and Seafood – San Antonio
- Taste of Texas – Houston
- Pappas Bros. Steakhouse – Dallas/Houston
- Nick and Sam’s – Dallas
- Republic of Texas Bar and Grill – Corpus Christi
- Ruth’s Chris Steak House – Austin
- Las Brisas Southwest Steakhouse – Lubbock
- Four Winds Steakhouse – Wills Point
- Beehive Restaurant – Abilene | https://cw33.com/news/local/2-dallas-steakhouses-ranked-among-reports-top-10-in-lone-star-state/ | 2022-08-12T20:21:09Z |
WATCH: Whale breaches, lands on boat
Published: Jul. 25, 2022 at 9:44 AM CDT|Updated: 1 hour ago
PLYMOUTH, Mass. (CNN) - A whale breached and landed on the bow of a boat near a Massachusetts beach Sunday morning, and it was caught on camera.
The town of Plymouth says no one was hurt and there was no major damage to the 19-foot boat.
The Massachusetts Environmental Police will investigate the incident.
The Plymouth Harbormaster Department says boaters should try to remain at least 300 feet from whales to minimize potential interactions whenever possible.
But sometimes, a wild animal can just go rogue.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/25/watch-whale-breaches-lands-boat/ | 2022-07-25T16:01:01Z |
XFL teams to train at Hub during the week before traveling to team markets for weekend games
Hub performance center to deliver training for players and unprecedented access and content for fans
Hub includes three local practice facilities: Northwest ISD Stadium, Southlake Carroll Dragon Stadium and Vernon Newsom Stadium
XFL partners with REV Entertainment, the exclusive event partner of Choctaw Stadium
NEW YORK and ARLINGTON, Texas, July 25, 2022 /PRNewswire/ -- The XFL today announced it has selected the City of Arlington, Texas as its new football operations Hub, signing a three-year agreement that will provide a centralized performance facility and multiple practice venues for preseason and in-week training for the League's eight teams. This hybrid Hub model provides players access to full-time, on-site support from coaches and athletic training staff, while still developing team affinity and community relations within their local markets. The Hub will also serve as a content creation center, giving the league, its teams and its players an opportunity to build personal brands and engage with fans through social media, in-person events and other media platforms, tapping into the worldwide expertise and reach of XFL Owners, Dany Garcia, Dwayne Johnson and RedBird Capital Partners.
"Our new Hub allows us to provide 360° support for our players, both on and off the field. Professional facilities with centralized training, rehabilitation and recovery resources will allow players to continue to sharpen their football skills. Around-the-clock content capture will make our players the center of a unique football ecosystem and unlock a new level of fan engagement never seen before," said Dany Garcia, Chairwoman and Owner. "Arlington is a football-loving city and we are excited to deepen our roots within the community and strengthen the already dedicated fan base here. We are grateful to be working with Mayor Ross, Choctaw Stadium, REV Entertainment, and other local officials as we make Arlington our League's new home."
The iconic Choctaw Stadium, former home of the MLB's Texas Rangers, will serve as the in-week practice facility for both the Arlington and Houston teams, and will be the home stadium for Arlington for weekend competition. In partnership and collaboration with REV Entertainment, the exclusive event coordinator of Choctaw Stadium, the XFL will also utilize Choctaw and its surrounding venues for team meeting spaces, in-person entertainment and fan engagement opportunities.
The Hub will also consist of three additional local practice facilities – Northwest ISD Stadium, Southlake Carroll Dragon Stadium and Vernon Newsom Stadium – further expanding the XFL's footprint in the Dallas-Fort Worth metropolitan area. During the week, players will be housed at local hotel partners and a daily meal service will be provided sourced from local restaurants and caterers.
The XFL Hub will also serve as an around-the-clock content engine, offering behind-the-scenes story-telling of the league, its players and its owners. Allowing the League to experiment with different kinds of engagement – traditional media, podcasts, social media – will drive fan interest while also elevating the story and individual brands of players.
"The XFL has officially landed in the great football state of Texas," said Dwayne Johnson. "We are bringing a new kind of football experience to fans, players and partners, harnessing the power of modern technology, content and interactivity to create a new standard for the future of sports and live event entertainment. We are 100% committed to taking care of our players, and our new Texas Hub will ensure that they all receive top-notch training and development while also getting an opportunity to build individual brands and shine."
"We are thrilled to be working with Choctaw Stadium and REV Entertainment along with three local high school district stadiums – Northwest ISD Stadium, Southlake Carroll Dragon Stadium and Vernon Newsom Stadium – to create the new XFL Hub. Convenient access to premium care and athletic training is a top priority for us and this Hub allows us to provide equal, quality care to all of our players," added Russ Brandon, President of the XFL.
"The partnership with the XFL is monumental for Choctaw Stadium. Serving as not only the home for the Arlington-based team, but also as the hub for all eight XFL teams is an exciting opportunity for our community and Choctaw Stadium," said Sean Decker, President of REV Entertainment. "Our relationship with the XFL over the last few years has been a huge point of pride for REV Entertainment, and we look forward to working together for many years on this partnership."
On Sunday, July 24, the XFL held a town hall event in Arlington, Texas to announce the cities and venues that its teams will play – Arlington, Houston, Orlando, Las Vegas, San Antonio, Seattle, St. Louis and Washington D.C.. Season ticket deposits are available online for all teams at XFL.com/tickets. The XFL will kick off on February 18, 2023 in partnership with its exclusive broadcast partner, The Walt Disney Company and ESPN.
Digital assets for the XFL can be found here: XFL.photoshelter.com/galleries
For more information, visit XFL.com and follow us on Twitter, Facebook, and Instagram.
ABOUT XFL
The XFL's ownership group, led by Dany Garcia, Dwayne Johnson, and Gerry Cardinale's RedBird Capital Partners, is building a fan-first, fast-paced global professional football league with innovative rules and enhanced 360 game experience. The XFL will bring entertainment to world class football, with the goal of advancing the game of football and expanding player opportunities when it launches in February 2023.
ABOUT REV ENTERTAINMENT
REV Entertainment is a full-service company with the goal of producing first-class sports and entertainment events both in Arlington and nationwide. REV Entertainment officially launched in 2021 as a result of the success of Rangers Events, which has served as the exclusive booking agent for all non-MLB game day events beginning in 2012. REV Entertainment has also created and produced several original concepts, including the creation of the Lockheed Martin Commanders' Classic, Bout at the Ballpark and the State Farm Showdown. REV Entertainment also includes REV Production Services, which was created in 2020 as the nation's first unaffiliated stadium flooring production company that specializes in the procurement, transportation, installation, and cleaning of stadium flooring and barricades. REVEntertainment.com.
MEDIA CONTACTS
XFL
Jeff Altstadter. VP of Communications
jeff.altstadter@xfl.com
Jeremy Watkins
jwatkins@hstrategies.com
Dan Gagnier / Lindsay Barber
XFL@gagnierfc.com
REV Entertainment
Madison SanFilippo, Vice President Marketing and Communication
MSanFilippo@REVEntertainment.com
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SOURCE XFL | https://www.kxii.com/prnewswire/2022/07/25/xfl-selects-city-arlington-amp-choctaw-stadium-its-in-week-performance-center-amp-football-operations-hub/ | 2022-07-25T14:41:03Z |
Gov. visits with oldest, youngest residents during stop in Emporia
TOPEKA, Kan. (WIBW) - Governor Laura Kelly made a stop in Emporia on Wednesday to visit with some of the state’s oldest and youngest residents.
Kansas Governor Laura Kelly says on Wednesday, June 22, she highlighted the strides the Sunflower State has made in lifelong care with visits to an early childhood development center and a senior care facility in Emporia.
“We are focused on ensuring Kansans of all ages have the support and resources they need to have happy, full lives,” Gov. Kelly said. “Both the early childhood development center and senior care facility I visited today are proof that communities like Emporia are making strides in how they care for Kansans at all stages of life.”
At her first stop, Kelly said she joined Kansas Commissioner of Education Randy Watson, as well as leaders from Emporia Unified School District 253 to celebrate the grand opening of Jones Early Childhood Development Center - a new early learning center - with a ribbon-cutting ceremony and tour.
Kelly said the Center is the District’s flagship facility to support the community’s youngest learners. She said it was funded with a $78 million bond voters approved in November 2019.
Then, Kelly said she toured Sunflower Care Homes - a new “home+” facility for senior Emporians which opened its doors on Monday. She said the facility has taken an innovative approach to elder care - encouraging multi-generational communities through a daycare facility on-site for the children of staff and local residents.
For more information about Johnson Early Childhood Development Center, click HERE.
For more information about Sunflower Care Homes, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/22/gov-visits-with-oldest-youngest-residents-during-stop-emporia/ | 2022-06-22T23:28:29Z |
All Business Units Achieve Record Revenue Totaling $6.88 Million
YOY Revenue Growth of 163% and Adjusted
EBITDA Improvement of 33%
TORONTO, LOS ANGELES and MUMBAI, India, Aug. 29, 2022 /PRNewswire/ - QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, is reporting final financial results for the quarter ended June 30, 2022. Highlights include as follows:
- Record Breaking Quarterly and YOY Revenue Growth: For the three months ended June 30, 2022 revenue was $6,883,363 representing a year over year increase of 163% and the highest revenue mark in company history.
- Improved Adjusted EBITDA*: For the three months ended June 30, 2022 compared to the same period prior year, adjusted EBITDA loss was $1,348,082 representing an EBITDA improvement of $666,223 or 33% driven by the revenue growth offset by higher operating expenses related to the growth of the business across all operating business units.
- Net Loss: Net loss for the quarter is $3,297,014, an increase of 7% or $210,362 driven by revenue growth across all business units offset by the launch of new channels and programming. In addition to the EBITDA loss, the Net loss includes income tax provisions of $35,760 and non-cash losses from share based compensation, marketing credits and amortization of $1,913,172.
- Cash Balance: The Company concluded the three months ended June 30, 2022 with cash of $4,181,414 (compared to March 31, 2022 cash of $5,082,637).
QYOU Media CEO and Co-Founder, Curt Marvis commented, "We are obviously thrilled with the continued strong growth of our business in India and the US in Q2 2022. This is particularly significant in light of the very small contribution to revenue coming from our new channels that were launched last quarter. As these channels mature and grow their audience and monetization potential they should further push overall revenue growth heading into Q4 and 2023."
To supplement our consolidated financial statements, which are prepared and presented in accordance with International Financial Reporting Standards ("IFRS"), we present Earnings Before Interest Tax Depreciation and Amortization ("Adjusted EBITDA") which is a non-IFRS financial measure. The presentation of non-IFRS financial measurement are not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss or net income (loss) or any other performance measures derived in accordance with IFRS or as an alternative to net cash provided by operating activities or any other measures of cash flows or liquidity.
We define earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") as revenue minus operating expenses excluding non-cash and or non-recurr operating expenses of stock-based compensation, marketing credits, depreciation and amortization (interest and taxes are not included in the Company's operating expenses). Adjusted EBITDA is used as an internal measure to evaluate the performance of our operating segments. We believe that information about this non-IFRS financial measure assists investors by allowing them to evaluate changes in operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and other factors that affect reported results. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Furthermore, this measure may vary among companies; thus Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies.
This press release contains certain forward-looking statements within the meaning of applicable securities laws. Words such as "expects'', "anticipates" and "intends" or similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein may include, but are not limited to, information concerning the completion of future investments, the approval of the Exchange of the investments, the approval of the Reserve Bank of India of future investments, the expected use of proceeds from the investment, and statements relating to the business and future activities of QYOU. These forward-looking statements are based on QYOU's current projections and expectations about future events and other factors management believes are appropriate. Although QYOU believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that the offering and the closing thereof will be consistent with these forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of numerous factors, including certain risk factors, many of which are beyond QYOU's control. Additional risks and uncertainties regarding QYOU are described in its publicly-available disclosure documents, filed by QYOU on SEDAR (www.sedar.com) except as updated herein. The forward-looking statements contained in this news release represent QYOU's expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. QYOU undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
Join our shareholder chat group on Telegram: http://t.me/QYOUMedia
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE QYOU Media Inc. | https://www.mysuncoast.com/prnewswire/2022/08/29/qyou-media-reports-all-time-record-revenue-q2-2022/ | 2022-08-29T22:04:23Z |
VANCOUVER, BC, June 2, 2022 /PRNewswire/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or the "Company") is pleased to announce that it has received authorization to sell and distribute alcoholic beverages in its U.S. retail stores in Chicago, Illinois and Venice Beach, California (the "Alcohol License"). This operational milestone offers U.S. customers access to more holistic shopping opportunities that can integrate alcoholic beverage options as part of the Company's one-stop-shop retail and e-commerce experience.
PlantX is now able to offer a wide variety of alcoholic beverages such as wine, beer, cider and liquor by selling these items directly in its retail stores in Chicago, Illinois, and Venice Beach, California. Additionally, the Alcohol License grants PlantX the ability to deliver alcoholic beverages across the U.S. to fulfill orders placed on its U.S. e-commerce platform, while also enabling same-day deliveries of alcoholic items via its partnerships with UberEats and Instacart. As such, due to the new authorization to sell and distribute alcohol, the Company is now poised to tap into the rapidly growing alcoholic beverages market in the U.S., while boosting customer loyalty by fulfilling the demand for alcoholic drinks options in the U.S.
"The new license is a thrilling opportunity for PlantX to tap into a multi-billion industry," said PlantX CEO, Lorne Rapkin. "The alcoholic beverages market reached a volume of $222.6 billion USD in 2020 in the U.S., and this revenue is expected to grow annually by 7.45% between 2021-2025.1 Even more poignant, there has been an increasing collective preference for environmentally friendly products among consumers, who are shifting their attention towards products that are organic, vegan or free from additives, including alcoholic products.2 This is fully aligned with PlantX's vision, which now includes offering high-quality, sustainable and ethical alcoholic drinks. This new milestone will undoubtedly forward the Company's efforts to shape market innovation in both the US and Canada, where we have been active in the alcoholic industry for a while."
"We are thrilled to share this amazing news with our shareholders, and highlight the potential of the
new license as an immense profitable revenue driver for PlantX," said PlantX Founder, Sean Dollinger. "We are now able to sell and distribute alcoholic items which do not expire and which our customers have shown great interest in as part of their PlantX shopping experience."
As the digital face of the plant-based community, PlantX's platform is the one-stop-shop for everything plant-based. With its fast-growing category verticals, the Company offers customers across North America more than 10,000 plant-based products. In addition to offering meal and indoor plant deliveries, the Company currently has plans underway to expand its product lines to include cosmetics, clothing and its own water brand — but the business is not limited to an e-commerce platform. The Company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs and brands. The Company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life.
The Company website is http://investor.PlantX.com/.
Forward-looking Information
This press release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, the distribution of alcoholic beverages in the United States, the use of the Alcohol License and the business and strategic plans of the Company.
By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: the Company's ability to comply with all applicable governmental regulations including all applicable food safety laws and regulations; impacts to the business and operations of the Company due to the COVID-19 epidemic; a limited operating history, the ability of the Company to access capital to meet future financing needs; the Company's reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.
Additional risk factors can also be found in the Company's continuous disclosure documents which have been filed on SEDAR and can be accessed at www.sedar.com. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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SOURCE PlantX Life Inc. | https://www.kxii.com/prnewswire/2022/06/02/plantx-announces-authorization-alcohol-license-chicago-venice-beach/ | 2022-06-02T13:00:30Z |
SCOTTSDALE, Ariz., July 1, 2022 /PRNewswire/ -- Healthcare Trust of America, Inc. (NYSE: HTA) ("HTA"), the largest dedicated owner and operator of medical office buildings in the United States, announced today that its Board of Directors has approved a pro-rata quarterly dividend of $0.029 per share of Class A Common Stock. The dividend will be paid on July 19, 2022 to stockholders of record on July 14, 2022, and represents a proration of our previous quarterly dividend of $0.325 per share for the period beginning on our previous quarterly dividend record date and ending immediately prior to the expected closing date of the previously announced merger with Healthcare Realty Trust Incorporated ("HR"). Subject to a favorable shareholder vote, the merger is expected to close on July 20, 2022.
Additionally, the eligible holders of HTA's operating partnership units ("OP Units") will received a pro-rated quarterly OP Unit distribution, which is on par with HTA's Class A Common Stock dividend described above.
Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, with assets comprising approximately 26.0 million square feet of gross leasable area, and with $7.8 billion invested primarily in medical office buildings, as of March 31, 2022. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations. Investments are targeted to build critical mass in 20 to 25 leading gateway markets that generally have leading university and medical institutions, which generally translates to superior demographics, highly-educated graduates, intellectual talent and job growth. The strategic markets HTA invests in support a strong, long-term demand for quality medical office space. HTA utilizes an integrated asset management platform consisting of on-site leasing, property management, engineering and building services, and development capabilities to create complete, state of the art facilities in each market. We believe this drives efficiencies, strong tenant and health system relationships, and strategic partnerships that result in high levels of tenant retention, rental growth and long-term value creation. Headquartered in Scottsdale, Arizona, HTA has developed a national brand with dedicated relationships at the local level.
Founded in 2006 and listed on the New York Stock Exchange in 2012, HTA has produced attractive returns for its stockholders that have outperformed the US REIT index, since inception. More information about HTA can be found on the Company's Website (www.htareit.com), Facebook, LinkedIn and Twitter.
This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management's intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially and in adverse ways from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, without limitation, the following: HTA's ability to consummate the Merger with HR on the proposed terms or on the anticipated timeline, or at all, including risks and uncertainties related to securing the necessary stockholder approvals and satisfaction of other closing conditions to consummate the Merger; the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive merger agreement relating to the Merger; risks related to diverting the attention of HTA and HR management from ongoing business operations; failure to realize the expected benefits of the Merger; significant transaction costs and/or unknown or inestimable liabilities; risks associated with stockholder litigation in connection with the Merger, including resulting expense or delay; the risk that HTA's business will not be integrated successfully or that such integration may be more difficult, time-consuming or costly than expected; the ability to obtain the expected financing to consummate the Merger; risks related to future opportunities and plans for HTA, including the uncertainty of expected future financial performance and results of the combined company following completion of the Merger; effects relating to the announcement of the proposed transaction or any further announcements or the consummation of the Merger on the market price of HTA's or HR's common stock; the possibility that, if the combined company does not achieve the perceived benefits of the Merger as rapidly or to the extent anticipated by financial analysts or investors, the market price of HTA's common stock could decline; general adverse economic and local real estate conditions; changes in economic conditions generally and the real estate market specifically; legislative and regulatory changes, including changes to laws governing the taxation of REITs and changes to laws governing the healthcare industry; the availability of capital; changes in interest rates; competition in the real estate industry; the supply and demand for operating properties in HTA's proposed market areas; changes in accounting principles generally accepted in the US; policies and guidelines applicable to REITs; the availability of properties to acquire; the availability of financing; pandemics and other health concerns, and the measures intended to prevent their spread, including the currently ongoing COVID-19 pandemic; and the potential material adverse effect these matters may have on HTA's business, results of operations, cash flows and financial condition. Additional information concerning HTA and its business, including additional factors that could materially and adversely affect HTA's financial results, include, without limitation, the risks described under Part I, Item 1A – Risk Factors, in HTA's 2021 Annual Report on Form 10-K and in HTA's other filings with the SEC.
Financial Contact:
Robert A. Milligan
Chief Financial Officer
480.998.3478
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SOURCE Healthcare Trust of America, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/01/healthcare-trust-america-inc-announces-third-quarter-2022-pro-rata-dividend/ | 2022-07-01T20:59:42Z |
NEW YORK (AP) — In a court appeal, a lawyer for Donald Trump said Monday it is “unconscionable and indefensible” for the ex-president to be held in contempt and fined $10,000 a day for failing to turn over documents he doesn’t possess.
Attorney Alina Habba made the argument in a submission to a New York state appeals court requesting that the contempt order and fine be suspended until the challenge can be heard by appeals judges.
The arguments were submitted a week after State Supreme Court Judge ArthurEngoron in Manhattan said Trump and his lawyers had failed to show they conducted a proper search for records sought by New York Attorney General Letitia James, a Democrat, in a civil probe of his business dealings.
James had asked the court to hold Trump in contempt after he failed to produce any documents to satisfy a March 31 deadline to meet the terms of the subpoena. She has said her investigation has found evidence that Trump may have misstated the value of assets like skyscrapers and golf courses on financial statements for over a decade.
Trump, a Republican, has been fighting James in court over her investigation, which he has called a politically motivated “witch hunt.”
Habba told Engoron a week ago that she met with Trump to ensure he had no records and there were none to be found. On Friday, she submitted additional documents explaining the document search, including an affidavit in which Trump claimed he has no documents. Engoron criticized the affidavit as lacking in detail.
In Monday’s written arguments submitted to the appellate division of the state’s trial court, Habba wrote that the daily fine “is not only unwarranted, it is also patently improper and impermissible by law.”
She said Trump and his representatives had performed a “diligent, thorough and comprehensive search” for everything sought in the subpoena and provided complete and accurate responses to the attorney general. She said the additional submissions last week amounted to “extraordinary efforts to comply.”
“Given these circumstances, it is unconscionable and indefensible for Appellant to be held in contempt in any manner, must less at the inordinate expense of $10,000 per day,” she said.
The written submission Monday came after Habba notified the appeals court last week that she was appealing. Trump is also appealing Engoron’s Feb. 17 ruling requiring him to answer questions under oath. Oral arguments in that appeal are scheduled for May 11.
A message seeking comment from the attorney general’s office was not immediately returned.
___
Associated Press Writer Michael R. Sisak contributed to this story. | https://cw33.com/news/u-s-news/ap-u-s-headlines/trump-appeal-10000-fine-in-record-search-unconscionable/ | 2022-05-03T11:12:34Z |
Mom says 1-year-old suffered bites, scratches at Ohio daycare
FREMONT, Ohio (WTVG) - An Ohio mother claims someone abused her 1-year-old son while watching him at a home daycare center. Police are investigating the allegation.
Janae Lawson says she picked her 1-year-old son up last week from the caregiver, and his face was bruised with a bite mark. His mother wants to know what happened to him while he was at daycare.
WTVG did not report the name of the daycare because no charges have been filed in the case.
“He had scratches all over his face,” Lawson said. “I took him home, took a sleeper off, and I noticed that there were bite marks on his arm. There were scratches on his chest and all over his neck.”
She took her son to the hospital. Medical documents claim he apparently suffered physical abuse.
Fremont Police are investigating to see what happened to the 1-year-old.
“I’m very hurt and disappointed because I’ve had this babysitter for a few months now, and I just want answers,” Lawson said. “I just want to know what happened to my son. The bruises are still there, and he’s probably going to have a scar on his face.”
Copyright 2022 WTVG via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/06/mom-says-1-year-old-suffered-bites-scratches-ohio-daycare/ | 2022-04-06T10:01:44Z |
Stark County farmers' markets offer new vendors, locations, offerings for the summer season
One of the joys of summer season is the easy availability to get fresh, locally grown fruits, vegetables, flowers, honey and even eggs and meats. In recent years, the old tradition of farmers’ markets has found new life in several Stark County communities.
North Canton Farmers' Market
Year it opened: 2020
Organized by: Know Your Roots
When it’s open: 3 to 6 p.m. Wednesdays year round, except for the last two weeks of the year
Where to find it: North Canton Civic Center at 845 W Maple Street in North Canton
Popular items: Joe’s Sourdough Bread, Tierra Verde Farms (pasture-raised meats), Woolf Farms (fruit, jams and cider), Olde Pine Spring Farm & Gluten Free Bakery, M&H Beans Coffee Co. and Miller’s Mushrooms. As the weather shifts and more Ohio-grown produce comes into season, 10 more farms will join the market.
New for this year: Starting in June, the Supplemental Nutrition Assistance Program known as SNAP, Produce Perks, Senior Nutrition and WIC will be accepted on behalf of all eligible vendors and products. On June 29, the market will host its first Children’s Market, featuring youth vendors and family-friendly games and activities. Organizers also are working to obtain a permit to start hosting wineries this summer and fall. Upcoming specialty nights include National Farmers Market Week on August 10 and Fall Fest on September 28.
Jena Grosschmidt, managing director of Know Your Roots, says her favorite thing about the market is: “The vendors and community! The market not only features a wide range of locally grown/created products, they come from an outstanding group of small business owners that make shopping a joy. Combine that with the dedicated community members that make the choice to support our regional economy each week and it makes for a fun-filled vibe that everyone is sure to enjoy being a part of.”
More information and a vendor application: NCantonFarmersMarket.com.
Jackson Township Farmers' Market
Year it opened: 2010
Organized by: Jackson Township
When it’s open: 3 to 7 p.m. Wednesdays from July 6 through September 28
Where to find it: In the parking lot next to the Jackson Amphitheater at 7454 Community Parkway NW in Jackson Township
New for this year: The market will coincide with Jackson’s Amphitheater Wednesdays, which include food trucks that are available all day and free concerts in July and August.
Chylece Head, programming and events coordinator for Jackson Township, says her favorite thing about the market is: “Live music and the fact ours is open until 7 p.m., which allows more people who work outside the home to visit the farmers’ market, and while they’re here, they can grab dinner at one our food trucks and listen to a great free concert, if they come on one of the concert days.”
More information: jacksontwp.com/farmers-market.
720 Market / Sidestreet MKTS
Year opened: 2016; SidestreetMKTS was added in 2020
Organized by: 720 Market
When they’re open and where to find them:
720 Markets will be 10 a.m. to 3 p.m. on:
• May 21 in the North Canton city square and St. Paul’s parking lot
• June 18 at Kent State University at Stark
• September 24 in downtown Massillon and Duncan Plaza
SidestreetMKTS will be from 10 a.m. to 3 p.m. on the second Saturday of the month from May until October at Oakwood Square
Popular items: Crazy Cucumber, Bloom Hill Farms, their multiple cookie vendors known as the 720 “bakers” that set up at different dates throughout the season, Akron’s Fat T’s Cookies, White Church Jellies, their many hot sauce and honey vendors and taco trucks
New for this year: Besides the new locations at Kent State Stark and Massillon, there will be a new location for the December 720 Market that will be announced soon. The popular Boutique Market also will be expanded and be a part of another special event in August. More details to be announced soon.
Lynn Shimko of 720 says her favorite thing about the markets is: “We love exploring new venues and creating new market layouts for a cool customer experience. Vendors always enjoy themselves, too, and say that we have the nicest people who come to 720! Seeing our venue or space turn into a vibrant community marketplace in the early hours of a Saturday morning and then go back normal in just five hours is always amazing! Something that makes it unique and different are our “destination” venues, the collection of out-of-area vendors we have also (many come from Cleveland and Columbus), our unique “market mix” of vendors, also the market experience we create has something for everyone! We also love watching our vendors share their work and their stories with buyers. We are continually amazed at their skills, talents and creativity. In 2021, our SidestreetMKTS series launched a dozen new businesses in one market!”
More information: eventsby720.com or the @720market and @sidestreetMKTS on social media
Canton Farmers' Market
Is there anything new about the Canton Farmers’ Market at Centennial Plaza in Canton?
Well, the market, presented by Downtown Canton Special Improvement District and the City of Canton and organized by Know Your Roots Ohio, is itself relatively new, starting its second season at Centennial Plaza.
“The prior version of the market, managed by the Canton Chamber of Commerce, was around for 16 seasons, closing in 2020,” said Jena Grosschmidt, managing director of the Canton Farmers’ Market. “Know Your Roots was then invited by the Downtown Canton Special Improvement District to create the new Canton Farmers’ Market at Centennial Plaza, which opened in June of 2021.”
The market, set up at Centennial Plaza on Fourth Street NW at Market Avenue N, will be offered from 10 a.m. to 1 p.m. each Saturday from June 25 through October 22, with the exception of August 6 and September 3.
“Shop fresh fruit and vegetables, pastured meats eggs, baked goods, honey, maple syrup, preserved goods, coffee, live plants, fresh herbs, pet treats, home/personal care items, snacks and more!” the Canton Farmers’ Market page at the organizer’s website knowyourroots.com nearly shouts in an appropriate “town crier” kind of way.
Grosschmidt said “it’s hard to choose” a favorite item or most popular booth at the market.
“We have a great lineup of vendors offering fresh, local and seasonal products,” she said, “including, fruits, veggies, mushrooms and greens from Woolf Farmers, 3 Peas Market Garden, Shadygrove Greenhouse, Miller’s Mushrooms and May’s Produce; baked goods from Joe’s Sourdough Bread & Irish Lass Bakery; meat and eggs from Ellington Farms; and fresh cut flowers from Bloom Hill Farm & Marvins Gardens.”
This is, indeed, an old-time community market event, updated to fit the revitalized center-of-the-city times.
“Dine in the many delicious downtown eateries,” the website suggests. “Unwind with all the wonderful amenities provided by Canton Centennial Plaza, downtown galleries and the talents of local musicians.”
Application opportunities for those musicians, as well as vendors, sponsors, markers, bakers, farmers, partners and nonprofits are available at the website for Know Your Roots and at cantonfarmersmarket.com. Those interested also can obtain up-to-date information at the event’s Facebook page at Canton Ohio Farmers Market.
“The market will be open rain or shine,” the website for Know Your Roots notes, with the safety disclaimer that “we will close early” if inclement weather pops up in the market area.
Grosschmidt said there is plenty of good, fresh food on tap for those who come to the weekly market this season.
There will be “special event weeks, demonstrations and a mix of vendors (and) products.” Public restrooms “are also in the works,” she said.
Still, just being there, Grosschmidt said, enjoying “the fun community vibe that fills the plaza as live music, friends and families gather in support of our local food system” might be the biggest reward.
More:ArtsinStark planning green space 'pocket park' with food truck court, mini-amphitheater
Massillon Farmers' Market
The Massillon Farmers’ Market is operating in a new location this year, in the municipal parking lot behind downtown’s James Duncan Plaza on the corner of Tremont and Erie streets SE.
The market will operate on Thursdays from 4 to 7 p.m. June 23 through September 8.
“According to our longest attending vendor, Witmer Farms, the market started in the early ’60s and was located on Lincoln Way E in a vacant lot that is now home to the McDonald’s at the base of the viaduct,” said Linda Benson, administrative assistant to Massillon Mayor Kathy Catazaro-Perry. “In recent years, it has been held at the Massillon Rec Center parking lot and various downtown locations.”
Benson said Witmer Farms is a hugely popular vendor.
“People line up an hour or more ahead of opening when corn season hits,” she said. “Witmer Farms attracts patrons from all over Stark County who can’t wait to buy dozens of their delicious corn,” she said. “Additionally the market has long-standing vendors selling honey, homemade candies and baked goods, fresh meat, produce and more.”
Benson noted that the mayor’s “Imagine Downtown” that began in 2015 has come full circle with the completion of the city’s streetscape project on Lincoln Way downtown, and the completion of the renaissance of Duncan Plaza in 2021.
“Her focus was to revitalize and expand the downtown,” she said. “We believe partnering with another event will create more foot traffic and add a vibrant energy to our downtown area on Thursday afternoon/evenings. Bringing the farmers’ market into that energy is exciting this year.”
Vendors’ spaces are free. Interested vendors should contact the mayor’s office at 330-830-1700 or by email to lbenson@massillonohio.gov.
Alliance Farmers’ Market
The Alliance Farmers’ Market is held on Saturdays from 9 a.m. to noon, June 25 to October 1 at 1800 W State Street.
Manager Cimarron Ney-George said the market has been in operation for 14 years.
Some of the most popular vendors, she said, are Joe’s Sourdough, which offers organic sourdough bread baked in a wood-fired brick oven; Faith Harvest Farms, which specializes in local honey products, and Snyder’s Orchard, for produce.
“I don’t know of any brand new vendors quite yet; we’re waiting on more registration forms to come in,” she said. “I guess one of my most favorite things about the market is just the atmosphere. ... Music playing; we always have a local band perform at every market, on a beautiful sunny day with fresh food all around, and people happy to be out and about. It just feels like the right place to be, and it feels good to have our community come together for something so wonderful.”
Ney-George said the newest development is the market’s relocation from its previous site at the Alliance Giant Eagle parking lot to the northeast corner of State Street and Union Avenue in Alliance.
“This new location on the corner of State and Union will provide greater visibility for the market, and there will be parking spaces directly next to the grassy lot available for anyone to use,” she said. “It’s a great location for vendors and really convenient for customers. This location will hopefully become the permanent home for the Alliance Farmers’ Market.”
The deadline to register for a spot in the market is June 13. For more information or questions, visit facebook.com/alliancefarmersmarket or email farmersmarketalliance@gmail.com.
Louisville’s Second Fridays and Downtown Market Days
In Louisville, Downtown Market Days coincide with Second Friday events downtown.
Second Fridays feature artists, demonstrations, food trucks and live music.
Manager and Rotarian Jared Shive said this year’s markets will take place from 5 to 8 p.m. on the second Friday of the month in June, July, August and September.
“The Louisville Rotary Club sponsors the farmers’ market event as part of their economic development area of focus,” he said. “Rotarians volunteer to help vendors set up and tear down, put up signs advertising the market and welcome you to the market. We are people of action ready to greet you with a smile and make sure you enjoy your time in Louisville.”
Shive said the farmers’ market has been operating for more than 10 years.
“The market occurs in the St. Louis Church parking lot, while the Louisville Second Fridays is happening in downtown Louisville,” he said. “This offers a chance to shop and dine at downtown businesses and enjoy a variety of activities and entertainment happening on the street and sidewalks each month.”
Shive said popular items and booths at the market include baked goods from the Pie Lady and Diane’s Sweet Tooth Treats; apples, apple cider and maple syrup; produce including vegetables, fruits and herbs; locally raised meats from Ellington Farms and Huddleston Farms; crafts, jewelry, home decor by 4th St Art, and some clothing and apparel.
Shive said he and his fellow rotarians enjoy “helping connect citizens and visitors to the community to new people, services, events and resources whether they are seeking them out or just stumble into a conversation and go from there.”
To acquire a booth or for more information, fill out the interest form at louisvillerotary.com/farmersmarkets or call 330-936-9611. | https://www.cantonrep.com/story/lifestyle/food/2022/05/24/stark-county-farmers-markets-offer-new-vendors-locations-offerings/7410819001/ | 2022-05-24T10:28:04Z |
Lightning snap Florida’s 13-game streak, beat Panthers 8-4
By TIM REYNOLDS
AP Sports Writer
SUNRISE, Fla. (AP) — Nikita Kucherov and Steven Stamkos each had two goals and two assists, Andrei Vasilevskiy stopped 37 shots and the Tampa Bay Lightning snapped Florida’s franchise-record 13-game winning streak with a 8-4 win over the Panthers. Victor Hedman had four assists for Tampa Bay. Nick Paul scored twice and Brayden Point and Cal Foote also scored for the Lightning, who remained alive in the race with Toronto for the No. 2 spot behind Florida in the Atlantic Division. Sam Reinhart scored his 30th and 31st goals for Florida, which also got goals from Brandon Montour and Mason Marchment. Spencer Knight left in the second period after allowing five goals on 17 shots. | https://localnews8.com/sports/ap-national-sports/2022/04/24/lightning-snap-floridas-13-game-streak-beat-panthers-8-4/ | 2022-04-25T04:23:58Z |
HOUSTON, May 4, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three months ended March 31, 2022.
Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site.
First Quarter 2022 and Recent Highlights
- Delivered production of approximately 102.7 MBoe/d (63% oil) in the first quarter of 2022
- Placed two co-development projects on production in the Delaware South area with performance exceeding expectations
- Increased drilled, uncompleted well count to 42 wells at quarter end
- Generated net cash provided by operating activities of $281.3 million and adjusted free cash flow of $183.3 million
- Reported net income of $39.7 million, or $0.64 per diluted share, adjusted EBITDA of $393.7 million, and adjusted income of $212.7 million, or $3.43 per diluted share
- Reduced lease operating expense and gathering, processing & transportation expense on a sequential basis by $6.2 million and $1.3 million, respectively
- Achieved an operating margin of $58.35 per Boe, including oil price realizations of over 100% of WTI benchmark
- Reduced trailing twelve-month net debt-to-adjusted EBITDA to 1.97x, calculated pursuant to our credit facility, driven by strong operating margins and absolute debt reduction during the quarter
"Callon delivered another outstanding quarter as our results reflected both strong Permian well performance and increased overall capital and operating efficiency," said Joe Gatto, President and Chief Executive Officer. "We took several steps this quarter to help set the stage for future production growth and sustained free cash flow generation, including the build-out of a DUC inventory on our newly acquired Delaware South acreage to accommodate a more efficient scaled development model going forward. Our initial projects in this area implementing our scaled development model and completion designs are performing above expectations, and future activity in Delaware South will be an important contributor to our targeted 10% oil production growth by the fourth quarter of this year.
"We are pleased with the rapid transformation of our balance sheet that has been the product of disciplined capital allocation and leading cash margins. Our leverage ratio was below 2.0x at the end of the first quarter and we expect that metric to approach 1.0x by year-end 2022 providing improved optionality for capital allocation, including a program of capital returns that accompany further debt reduction and re-investment in a deep inventory of low-breakeven projects," concluded Mr. Gatto.
Callon Operations Update
At March 31, 2022, Callon had 1,344 gross (1,204.3 net) wells producing from established flow units in the Permian and Eagle Ford. Net daily production for the three months ended March 31, 2022 was 102.7 MBoe/d (63% oil).
For the three months ended March 31, 2022, Callon drilled 31 gross (26.4 net) wells and placed a combined 17 gross (16.5 net) wells on production. First quarter completion activity was solely focused on the Delaware Basin. Within the Delaware Basin, a six-well co-development project targeting Wolfcamp A and B zones was brought online in January and has exceeded production expectations with average 30-day production rates of 1,312 barrels of oil equivalent (Boe) per day and an oil cut of approximately 71%. Additionally, a five-well project, targeting the same two zones, was brought online in February and also has strong performance with an average 30-day production rates of 1,199 Boe/d and an oil cut of approximately 70%. As part of a broader optimization program for producing assets, Callon continues to convert gas lift systems to electric submersible pumps, positively impacting the production profile of the existing asset base across the Delaware position.
In the Eagle Ford, Callon drilled 9 gross (7.2 net) wells during the quarter but had no completion activity. During the quarter, the Company expanded its electrification efforts in the area, advancing sustainability initiatives and improving productivity. The project has resulted in the removal of another 25 generators, providing a cleaner and more reliable source of energy for field operations. Altogether, these efforts are expected to save approximately $1.5 million annually in lease operating expenses. Additional field electrification efforts are progressing and are expected to be completed by year-end.
Credit Facility Redetermination
On May 2, 2022, Callon completed the spring redetermination for its senior secured credit facility. The borrowing base and elected commitment were both reaffirmed at $1.6 billion. As of March 31, 2022, the drawn balance on the facility was $712.0 million and cash balances were $4.2 million. The Company intends to continue its application of organic free cash flow towards repayment of debt balances related to the credit facility and other debt instruments.
Second Quarter Activity Outlook and Guidance
Callon is currently running seven rigs, with four rigs in the Delaware Basin, two rigs in the Midland Basin and one rig in the Eagle Ford. One rig is expected to be released in June. The Company plans to utilize two completion crews for the second quarter, supporting new production across the Midland, Delaware and Eagle Ford positions.
For the second quarter, the Company expects to produce between 100 and 102 MBoe/d (64% oil) with between 32 and 35 gross wells (28 - 31 net) placed on production. In addition, Callon projects an operational capital spending level of between $225 and $240 million on an accrual basis.
Capital Expenditures
For the three months ended March 31, 2022, Callon incurred $157.4 million in operational capital expenditures on an accrual basis. Total capital expenditures, inclusive of capitalized expenses, are detailed below on an accrual and cash basis:
Hedge Portfolio Summary
As of April 29, 2022, Callon had the following outstanding oil, natural gas and NGL derivative contracts:
Operating and Financial Results
The following table presents summary information for the periods indicated:
Revenue. For the quarter ended March 31, 2022, Callon reported revenue of $664.8 million, which excluded revenue from sales of commodities purchased from a third party of $112.4 million. Revenues including the gain or loss from the settlement of derivative contracts ("Adjusted Total Revenue") were $531.4 million, reflecting the impact of a $133.5 million loss from the settlement of derivative contracts. Average daily production and average realized prices, including and excluding the effects of hedging, are detailed above.
Commodity Derivatives. For the quarter ended March 31, 2022, the net loss on commodity derivative contracts includes the following (in thousands):
For the quarter ended March 31, 2022, the cash paid for commodity derivative settlements includes the following (in thousands):
Lease Operating Expenses, including workover ("LOE"). LOE per Boe for the three months ended March 31, 2022 was $67.3 million, or $7.29 per Boe, compared to LOE of $73.5 million, or $7.11 per Boe, in the fourth quarter of 2021. The sequential reduction in LOE was primarily due to changing service providers and improving the efficiency of operations. The increase in LOE per Boe was due to the distribution of fixed costs spread over lower production volumes.
Production and Ad Valorem Taxes. Production and ad valorem taxes for the three months ended March 31, 2022 were approximately 5.7% of total revenue excluding revenue from sales of commodities purchased from a third-party and before the impact of derivative settlements, or $4.08 per Boe.
Gathering, Transportation and Processing. Gathering, transportation and processing expense for the three months ended March 31, 2022 was $20.8 million, or $2.25 per Boe, as compared to $22.1 million, or $2.14 per Boe, in the fourth quarter of 2021. This decrease in gathering, transportation and processing expense was primarily due to the 9% decrease in production volumes between the two periods.
Depreciation, Depletion and Amortization ("DD&A"). DD&A for the three months ended March 31, 2022 was $11.15 per Boe compared to $10.89 per Boe in the fourth quarter of 2021. The increase in DD&A per Boe was primarily attributable to the larger decrease in production volumes as compared to the depletion rate of our proved reserves from the fourth quarter of 2021 to the first quarter of 2022.
General and Administrative Expense ("G&A"). G&A for the three months ended March 31, 2022 and December 31, 2021 was $17.1 million and $13.1 million, respectively. G&A, excluding certain non-cash incentive share-based compensation valuation adjustments, ("Adjusted G&A") was $14.3 million for the three months ended March 31, 2022 compared to $13.4 million for the fourth quarter of 2021. The cash component of Adjusted G&A increased to $13.0 million for the three months ended March 31, 2022 compared to $12.2 million for the fourth quarter of 2021 primarily as a result of higher compensation costs during the quarter.
The following table reconciles total G&A to Adjusted G&A - cash component and full cash G&A (in thousands):
Income Tax. Callon provides for income taxes at the statutory rate of 21% adjusted for permanent differences expected to be realized. We recorded income tax expense of $0.5 million and income tax benefit of $0.8 million for the three months ended March 31, 2022 and December 31, 2021, respectively. Since the second quarter of 2020, we have concluded that it is more likely than not that the net deferred tax assets will not be realized and have recorded a full valuation allowance against our deferred tax assets. As long as we continue to conclude that the valuation allowance is necessary, we will not have significant deferred tax expense or benefit.
Adjusted EBITDA. Net income was $39.7 million and adjusted EBITDA was $393.7 million for the first quarter of 2022 as compared to net income of $285.4 million and adjusted EBITDA of $339.2 million for the fourth quarter of 2021. The increase in adjusted EBITDA from the fourth quarter of 2021 was primarily due to an increase in revenues primarily as a result of the 23% increase in the price of oil as well as $16.5 million less cash paid for derivative settlements.
Adjusted Income and Adjusted EBITDA. The following tables reconcile the Company's net income (loss) to adjusted income and adjusted EBITDA:
Adjusted Free Cash Flow. The following table reconciles the Company's net cash provided by operating activities to adjusted EBITDA and adjusted free cash flow:
Adjusted Discretionary Cash Flow. The following table reconciles the Company's net cash provided by operating activities to adjusted discretionary cash flow:
Adjusted Total Revenue. Adjusted total revenue is reconciled to total operating revenues, which excludes revenue from sales of commodities purchased from a third party, in the following table:
Net Debt. The following table reconciles the Company's total debt to net debt:
Non-GAAP Financial Measures
This news release refers to non-GAAP financial measures such as "adjusted free cash flow," "adjusted discretionary cash flow," "adjusted G&A," "full cash G&A," "adjusted income," "adjusted income per diluted share," "adjusted EBITDA," and "adjusted total revenue." These measures, detailed below, are provided in addition to, and not as an alternative for, and should be read in conjunction with, the information contained in our financial statements prepared in accordance with GAAP (including the notes), included in our filings with the U.S. Securities and Exchange Commission (the "SEC") and posted on our website.
- Adjusted free cash flow is a supplemental non-GAAP measure that is defined by the Company as adjusted EBITDA less operational capital expenditures (accrual), capitalized cash interest, capitalized cash G&A (which excludes capitalized expense related to share-based awards), and cash interest expense, net. We believe adjusted free cash flow provides useful information to investors because it is a comparable metric against other companies in the industry and is a widely accepted financial indicator of an oil and natural gas company's ability to generate cash for the use of internally funding their capital development program and to service or incur debt. Adjusted free cash flow is not a measure of a company's financial performance under GAAP and should not be considered as an alternative to net cash provided by operating activities, or as a measure of liquidity, or as an alternative to net income (loss).
- Adjusted discretionary cash flow is a supplemental non-GAAP measure that Callon believes provides useful information to investors because it is a comparable metric against other companies in the industry and is a widely accepted financial indicator of an oil and natural gas company's ability to generate cash for the use of internally funding their capital development program and to service or incur debt. Adjusted discretionary cash flow is defined by Callon as net cash provided by operating activities before changes in working capital and merger, integration and transaction expenses. Callon has included this information because changes in operating assets and liabilities relate to the timing of cash receipts and disbursements, which the Company may not control and the cash flow effect may not be reflected the period in which the operating activities occurred. Adjusted discretionary cash flow is not a measure of a company's financial performance under GAAP and should not be considered as an alternative to net cash provided by operating activities, or as a measure of liquidity, or as an alternative to net income (loss).
- Adjusted G&A is a supplemental non-GAAP financial measure that excludes certain non-cash incentive share-based compensation valuation adjustments and adjusted G&A - cash component further excludes equity-settled, share-based compensation expenses and non-recurring expenses. Callon believes that the non-GAAP measure of adjusted G&A and adjusted G&A - cash component are useful to investors because they provide for greater comparability period-over-period. In addition, adjusted G&A - cash component provides a meaningful measure of our recurring G&A expense.
- Full cash G&A is a supplemental non-GAAP financial measure that Callon defines as adjusted G&A – cash component plus capitalized G&A excluding capitalized expense related to share-based awards. Callon believes that the non-GAAP measure of full cash G&A is useful to investors because it provides a meaningful measure of our total recurring cash G&A costs, whether expensed or capitalized, and provides for greater comparability on a period-over-period basis.
- Adjusted income and adjusted income per diluted share are supplemental non-GAAP measures that Callon believes are useful to investors because they provide readers with a meaningful measure of our profitability before recording certain items whose timing or amount cannot be reasonably determined. These measures exclude the net of tax effects of these items and non-cash valuation adjustments, which are detailed in the reconciliation provided. Adjusted income and adjusted income per diluted share are not measures of financial performance under GAAP. Accordingly, neither should be considered as a substitute for net income (loss), operating income (loss), or other income data prepared in accordance with GAAP. However, the Company believes that adjusted income and adjusted income per diluted share provide additional information with respect to our performance. Because adjusted income and adjusted income per diluted share exclude some, but not all, items that affect net income (loss) and may vary among companies, the adjusted income and adjusted income per diluted share presented above may not be comparable to similarly titled measures of other companies.
- Adjusted diluted weighted average common shares outstanding is a non-GAAP financial measure which includes the effect of potentially dilutive instruments that, under certain circumstances described below, are excluded from diluted weighted average common shares outstanding, the most directly comparable GAAP financial measure. When a net loss exists, all potentially dilutive instruments are anti-dilutive to the net loss per common share and therefore excluded from the computation of diluted weighted average common shares outstanding. The effect of potentially dilutive instruments are included in the computation of adjusted diluted weighted average common shares outstanding for purposes of computing adjusted income per diluted share.
- Callon calculates adjusted EBITDA as net income (loss) before interest expense, income tax expense (benefit), depreciation, depletion and amortization, (gains) losses on derivative instruments excluding net settled derivative instruments, impairment of evaluated oil and gas properties, non-cash share-based compensation expense, merger, integration and transaction expense, (gain) loss on extinguishment of debt, and certain other expenses. Adjusted EBITDA is not a measure of financial performance under GAAP. Accordingly, it should not be considered as a substitute for net income (loss), operating income (loss), cash flow provided by operating activities or other income or cash flow data prepared in accordance with GAAP. However, the Company believes that adjusted EBITDA provides useful information to investors because it provides additional information with respect to our performance or ability to meet our future debt service, capital expenditures and working capital requirements. Because adjusted EBITDA excludes some, but not all, items that affect net income (loss) and may vary among companies, the adjusted EBITDA presented above may not be comparable to similarly titled measures of other companies.
- Callon believes that the non-GAAP measure of adjusted total revenue (which is revenue including the gain or loss from the settlement of derivative contracts) is useful to investors because it provides readers with a revenue value more comparable to other companies who engage in price risk management activities through the use of commodity derivative instruments and reflects the results of derivative settlements with expected cash flow impacts within total revenues.
- Callon believes that operating margin is a comparable metric against other companies in the industry is useful to investors because it is an indicator of an oil and natural gas company's operating profitability per unit of production. Operating margin is a supplemental non-GAAP measure that is defined by the Company as oil, natural gas, and NGL revenues sales price less lease operating expense; production and ad valorem taxes; and gathering, transportation and processing fees divided by total production for the period.
- Net debt is a supplemental non-GAAP measure that is defined by the Company as total debt excluding unamortized premiums, discount, and deferred loan costs, less cash and cash equivalents. Net debt should not be considered an alternative to, or more meaningful than, total debt, the most directly comparable GAAP measure. Management uses net debt to determine the Company's outstanding debt obligations that would not be readily satisfied by its cash and cash equivalents on hand. We believe this metric is useful to analysts and investors in determining the Company's leverage position since the Company has the ability to, and may decide to, use a portion of its cash and cash equivalents to reduce debt. This metric is sometimes presented as a ratio with Adjusted EBITDA in order to provide investors with another means of evaluating the Company's ability to service its existing debt obligations as well as any future increase in the amount of such obligations.
Earnings Call Information
The Company will host a conference call on Thursday, May 5, 2022, to discuss first quarter 2022 financial and operating results, outlook for the remainder of 2022, and current corporate strategy and initiatives.
Please join Callon Petroleum Company via the Internet for a webcast of the conference call:
An archive of the conference call webcast will also be available at www.callon.com under the "Investors" section of the website.
About Callon Petroleum Company
Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.
Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include all statements regarding wells anticipated to be drilled and placed on production; future levels of development activity and associated production, capital expenditures and cash flow expectations; the Company's production and expenditure guidance; estimated reserve quantities and the present value thereof; future debt levels and leverage; and the implementation of the Company's business plans and strategy, as well as statements including the words "believe," "expect," "plans," "may," "will," "should," "could," and words of similar meaning. These statements reflect the Company's current views with respect to future events and financial performance based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. No assurances can be given, however, that these events will occur or that these projections will be achieved, and actual results could differ materially from those projected as a result of certain factors. Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Some of the factors which could affect our future results and could cause results to differ materially from those expressed in our forward-looking statements include the volatility of oil and natural gas prices; changes in the supply of and demand for oil and natural gas, including as a result of the COVID-19 pandemic and various governmental actions taken to mitigate its impact or actions by, or disputes among members of OPEC and other oil and natural gas producing countries with respect to production levels or other matters related to the price of oil; our ability to drill and complete wells; operational, regulatory and environment risks; the cost and availability of equipment and labor; our ability to finance our development activities at expected costs or at expected times or at all; our inability to realize the benefits of recent transactions; currently unknown risks and liabilities relating to the newly acquired assets and operations; adverse actions by third parties involved with the transactions; risks that are not yet known or material to us; and other risks more fully discussed in our filings with the SEC, including our most recent Annual Reports on Form 10-K and subsequent Quarterly Reports on Form 10-Q, available on our website or the SEC's website at www.sec.gov. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
Contact Information
Kevin Smith
Director of Investor Relations
Callon Petroleum Company
ir@callon.com
(281) 589-5200
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SOURCE Callon Petroleum Company | https://www.mysuncoast.com/prnewswire/2022/05/04/callon-petroleum-company-announces-first-quarter-2022-results/ | 2022-05-04T22:02:27Z |
Certification Further Validates Inpixon's Commitment to Highest Standards in Information Security for Large Enterprises
PALO ALTO, Calif., July 20, 2022 /PRNewswire/ -- Inpixon® (Nasdaq: INPX), the Indoor Intelligence® company, today announced that its application platform for mapping, locationing and actionable intelligence for smart campuses, omni-channel events and asset tracking has been ISO/IEC 27001:2013 certified. ISO/IEC 27001:2013 specifies the requirements for establishing, implementing, maintaining, and continually improving an information security management system within the context of an organization.
ISO (International Organization for Standardization) and IEC (International Electrotechnical Commission) form the specialized system for worldwide standardization. Organizations utilize this collection of standards to assist in managing the security of assets, including financial information, intellectual property, employee details or information entrusted by third parties. ISO/IEC 27001:2013 specifically relates to information technology security for any kind of digital information for any size organization.
"Achieving this third-party certification further demonstrates our commitment to providing customers and users with robust and validated information security policies and processes in alignment with industry best practices and standards," commented, David Westgate, executive vice president of IT operations at Inpixon. "Our mature, enterprise-grade applications are specifically designed to address sensitive information in a safe, reliable and secure manner."
Nadir Ali, chief executive officer of Inpixon, stated, "Securing this certification was an important milestone for our enterprise-focused product line. We believe this certification will help accelerate sales, as many customers seek ISO/IEC certification, and having it can simplify and speed our prospective customers' solution evaluation and contract approval processes."
About Inpixon
Inpixon® (Nasdaq: INPX) is the innovator of Indoor Intelligence®, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company's Indoor Intelligence and mobile app solutions are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. Inpixon customers can take advantage of industry leading location awareness, RTLS, workplace and hybrid event solutions, analytics, sensor fusion, IIoT and the IoT to create exceptional experiences and to do good with indoor data. For the latest insights, follow Inpixon on LinkedIn, Twitter, and visit inpixon.com.
Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of economic conditions, the impact of COVID-19, global conflicts, inflation and other global events on Inpixon's results of operations and global supply chain constraints, Inpixon's ability to integrate the products and business from recent acquisitions into its existing business, the performance of management and employees, the regulatory landscape as it relates to privacy regulations and their applicability to Inpixon's technology, Inpixon's ability to maintain compliance with Nasdaq's minimum bid price requirement and other continued listing requirements, the ability to obtain financing if needed, competition, general economic conditions and other factors that are detailed in Inpixon's periodic and current reports available for review at sec.gov. Furthermore, Inpixon operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.
Inpixon Contacts
General inquiries:
Inpixon
Email: marketing@inpixon.com
Web: inpixon.com/contact-us
Media relations:
Offleash PR for Inpixon
Email: inpixon@offleashpr.com
Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com
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SOURCE Inpixon | https://www.mysuncoast.com/prnewswire/2022/07/20/inpixon-achieves-isoiec-27001-certification-its-location-aware-enterprise-applications/ | 2022-07-20T13:54:43Z |
Idaho lawmakers intervene in lawsuit against abortion ban
BOISE, Idaho (AP) — The Idaho Supreme Court is allowing state lawmakers to intervene in a lawsuit challenging the constitutionality of a law they passed earlier this year that would ban abortions after about six weeks of pregnancy.
The court on Monday approved a request by Republican House Speaker Scott Bedke, Republican Senate President Pro-Tem Chuck Winder and the Legislature to take part in the case.
The law is modeled after a Texas law that is enforced through lawsuits to avoid constitutional court challenges.
The law had been scheduled to take effect Friday but has been temporarily blocked by the court following a lawsuit by a regional Planned Parenthood organization. | https://localnews8.com/news/idaho/2022/04/20/idaho-lawmakers-intervene-in-lawsuit-against-abortion-ban-2/ | 2022-04-20T19:41:15Z |
Backlogs Approach Ten-to-Fifteen Times Normal Levels
REDWOOD CITY, Calif., June 7, 2022 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, supply constraints plagued the Wireless LAN market in 1Q22, and would likely worsen in 2Q22 as a result of the China Covid lockdowns. Several US-based wireless LAN manufacturers announced that backlogs approached ten-to-fifteen times higher than normal.
"Many enterprises have planned network upgrades and the popular connection is Wi-Fi. The trouble is getting it. Several manufacturers announced that components from second and third-tier suppliers became the bottleneck in 1Q22," said Tam Dell'Oro, Founder, CEO and Wireless LAN Analyst. "Supply constraints have resulted in highly volatile quarterly performance vendor-to-vendor depending on whether or not they have all the components. For example, sales may be up 20 percent in one quarter and down 20 percent the next. Another item, which could potentially cause delays, that we are keeping our eye on are the contract negotiations between the west coast dockworkers union and the Maritime Association," added Dell'Oro.
Additional highlights from the Wireless LAN 1Q22 Quarterly Report:
- Wi-Fi 6E sales accelerated during the quarter as more manufacturers launched products and Extreme Networks and HPE Aruba expanded their portfolios. The adoption of Wi-Fi 6E (meaning the percent of total Indoor unit shipments as of the third quarter of the technology shipping) is tracking below the rates of the previous two technologies, Wi-Fi 6 and Wi-Fi 5 Wave 2. However, it is still early days and three quarters do not make a trend.
- For the fourth consecutive quarter, the Retail vertical continued to rank among the top-performing verticals.
The Dell'Oro Group Wireless LAN Quarterly Report offers complete, in-depth coverage of the Enterprise Outdoor and Indoor markets, Wireless LAN Controllers with tables containing manufacturers' revenue, average selling prices, and unit shipments by the following wireless standards: 802.11ax (Wi-Fi 6 and 6E [6 GHz]), 802.11ac (Wi-Fi 5) Wave 1 vs. Wave 2, 802.11n, and historic IEEE 802.11 standards. The Enterprise market is portrayed by Cloud vs. Premises Managed, as well as by ten Vertical markets. To purchase these reports, please contact us by email at dgsales@delloro.com.
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, data center infrastructure, and network security markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
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SOURCE Dell'Oro Group | https://www.mysuncoast.com/prnewswire/2022/06/07/supply-constraints-plague-wireless-lan-market-1q22-likely-worsen-2q22-according-delloro-group/ | 2022-06-07T13:18:18Z |
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