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Philanthropic project partners with Rivne State Department of Education to provide in-demand IT skills to high school youth across Ukraine
ALAMEDA, Calif., June 30, 2022 /PRNewswire/ -- Today, Global Grid for Learning (GG4L) announced a partnership with the Rivne Area Department of Education, in Ukraine to provide IT, business training and certifications for high school students.
The project will provide free courses and industry recognized credentials to prepare students for internships and work in high-demand career pathways. GG4L, along with its corporate sponsors, will provide an online, self-paced training and certification program for students, as well as course advisors sourced from existing teachers in Ukraine.
The Career Passport #Ukraine will launch in August, with initial credential pathways in:
- Social Media Marketing
- Full Stack Software Developer
- IT Support Professional
GG4L will deploy an online infrastructure for secure enrollment and access to the third-party digital content and courses for this program. The primary partner for courseware and pathways is Coursera, providing industry recognized courses and certificates through their Career Academy from leading vendors such as Google, Amazon, IBM and many others.
"The GG4L Career Passport program will allow our high school students to prepare themselves for in-demand jobs," said Petro Korzhevsky, Head of Rivne State Department of Education. "The online program, supplemented with advisors drawn from our teaching ranks enables students to gain work-ready skills during a time of deep disruption in our country."
"We've all been deeply saddened and concerned with the war in Ukraine," commented Robert Iskander, GG4L's Founder and CEO. "As a major employer in Ukraine, we were eager to provide meaningful support to the country. Career Passport #Ukraine will give high school students a path toward employment in the IT industry."
GG4L is planning to enlist corporate sponsors to assist in financially sustaining this impact initiative as it expands to thousands of Ukrainian refugees and displaced youth. In addition to corporate sponsors, GG4L is enlisting employers who will hire the certified students for entry level employment or consulting positions. For more information on the program, as well as corporate sponsorship opportunities, please refer to www.careerpassport.academy.
Founded in 2018, GG4L is a membership-based collaborative providing schools and EdTech vendors a foundation for digital transformation. GG4L's School Passport® is an Integration Platform as a Service (iPaaS), offering a suite of cloud integration services to schools, financially sustained by hundreds of EdTech vendors. With industry-leading PII Shield protection, GG4L advocates for open standards based data integrations, governed data exchange, and strict data privacy compliance. For more information, visit gg4l.com. GG4L currently serves over 30,000 schools across 1,800 school districts.
CONTACT: marketing@gg4l.com
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SOURCE Global Grid for Learning (GG4L) | https://www.wibw.com/prnewswire/2022/06/30/gg4l-launches-career-passport-ukraine/ | 2022-06-30T21:40:58Z |
NEW YORK, May 16, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Tivity Health, Inc. (NASDAQ: TVTY)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Tivity Health, Inc. (NASDAQ: TVTY), in connection with the proposed acquisition of TVTY by funds managed by Stone Point Capital. Under the terms of the merger agreement, TVTY shareholders will receive $32.50 in cash for each share of TVTY common stock owned. If you own TVTY shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/tvty
Whiting Petroleum Corporation (NYSE: WLL)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Whiting Petroleum Corporation (NYSE: WLL) in connection with the proposed merger of WLL with Oasis Petroleum Inc. ("Oasis"). Under the terms of the merger agreement, WLL shareholders will receive 0.5774 shares of Oasis plus $6.25 in cash for each share of WLL common stock owned, representing implied per-share merger consideration of approximately $85.62 based upon Oasis's May 13, 2022 closing price of $137.46. If you own WLL shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/wll
Meritor, Inc. (NYSE: MTOR)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Meritor, Inc. (NYSE: MTOR), in connection with the proposed acquisition of MTOR by Cummins Inc. Under the terms of the merger agreement, MTOR shareholders will receive $36.50 in cash for each share of MTOR common stock that they hold. If you own MTOR shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/mtor
Tenneco Inc. (NYSE: TEN)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Tenneco Inc. (NYSE: TEN), in connection with the proposed acquisition of TEN by funds managed by affiliates of Apollo. Under the terms of the acquisition agreement, TEN shareholders will receive $20.00 in cash for each share of TEN common stock that they hold. If you own TEN shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/ten
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SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/05/16/shareholder-alert-weiss-law-reminds-tvty-wll-mtor-ten/ | 2022-05-16T21:48:39Z |
- Deadline to apply for environmental grants is Sept. 30 at 5 p.m. EST
- Grants support environmental education and stewardship initiatives across Dominion Energy's footprint
- Since 2003, nearly $39 million donated to projects that protect and improve the environment
RICHMOND, Va., Aug. 24, 2022 /PRNewswire/ -- Dominion Energy is encouraging nonprofit and educational organizations to apply for a total of $1 million in environmental grants to be distributed this year through the Dominion Energy Charitable Foundation. This competitive grant process is designed to support work to improve the environment and provide educational experiences in communities served by Dominion Energy.
"As a company we strive to be good stewards of our environment and natural resources. We're proud to support local organizations leading exciting and impactful programs to protect and conserve our environment," said Hunter A. Applewhite, President of the Dominion Energy Charitable Foundation. "These grants make the outdoor spaces in our communities more accessible and sustainable."
Since 2003, nearly $39 million has been donated to projects that protect and improve the environment. Last year one grant helped the Wildlife Center of Virginia in Waynesboro treat and research wild animals, while training other veterinary professionals to heal and rehabilitate injured wildlife.
"We have collected valuable information on the causes of our patients' injuries, then used the actual case histories of real patients to educate the public, inform policy makers, and address the root causes of the real threats to wildlife," said Edward E. Clark, Jr., President of the Wildlife Center of Virginia. "Dominion Energy's generous support of our general operations has been an important factor in our success and enabled us to achieve goals that serve both wildlife and humans, in Virginia and around the world."
In Chesapeake, the YMCA of South Hampton Roads put Dominion grant dollars to work teaching kids to swim so they can better appreciate the outdoors.
"We are grateful to have Dominion Energy expand our impact and elevate access to water safety through the Y's All Kids Swim program," said Jean Adler Stean, Director of Grants Management for the YMCA of South Hampton Roads. "Our local neighborhoods are surrounded by water and we want every child to experience the fun, recreation, and joy that comes with swimming but we want it to be done safely."
Another grant to Four Mile Run Park in Alexandria is helping educate young people in an urban setting about the importance of environmental stewardship.
"We much appreciate Dominion Energy's ongoing partnership in support of our Nature Explorers and Restorers program and youth internships," said Kurt Moser, President of the Four Mile Run Conservatory Foundation. "To date this year, these dollars have enabled us to provide free outdoor learning experiences to 71 Arlandria-Chirilagua youth, and conservation internship opportunities for 12 high-school students."
Nonprofit organizations are invited to apply for grants up to $50,000 to support specific projects that promise measurable results to improve the environment. Also, public and private K-12 schools in eligible regions can apply for classroom grants up to $5,000 for environmental education programs.
Eligible organizations in Virginia, North Carolina, South Carolina, Ohio, Utah, Connecticut, Idaho, Wyoming and other areas in Dominion Energy's footprint are encouraged to apply.
Dominion Energy will consider grant requests that focus on one or more of the following priorities:
- Educating K-12 students and the public about environmental science
- Protecting and preserving natural habitats
- Improving open spaces and making nature accessible
For more information and to apply visit https://www.dominionenergy.com/envirogrants
Download photos of previous grant recipients here: 2021 EES Recipients
About 7 million customers in 15 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D). Through its Dominion Energy Charitable Foundation, as well as EnergyShare and other programs, Dominion Energy contributed nearly $50 million in 2021 to community causes. The Foundation supports nonprofit causes that meet basic human needs, protect the environment, promote education, and encourage community vitality. Please visit www.DominionEnergy.com to learn more.
About 7 million customers in 15 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to safely providing reliable, affordable and sustainable energy and to achieving Net Zero emissions by 2050. Please visit DominionEnergy.com to learn more.
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SOURCE Dominion Energy | https://www.kxii.com/prnewswire/2022/08/24/dominion-energy-environmental-grant-applications-now-open-nonprofit-educational-organizations/ | 2022-08-24T15:36:11Z |
Invesco Ltd. Announces May 31, 2022 Assets Under Management
Published: Jun. 9, 2022 at 4:15 PM EDT|Updated: 1 hours ago
ATLANTA, June 9, 2022 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,451.6 billion, a decrease of 1.7% versus previous month-end. The firm experienced net long-term outflows of $2.4 billion in the month. Non-management fee earning net outflows were $1.4 billion and money market net outflows were $26.7 billion. AUM was positively impacted by favorable market returns which increased AUM by $6 billion. FX increased AUM by $0.5 billion. Preliminary average total AUM for the quarter through May 31 were $1,481.2 billion, and preliminary average active AUM for the quarter through May 31 were $1,002.7 billion.
About Invesco Ltd.
Invesco Ltd. (NYSE: IVZ) is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. With offices in more than 20 countries, our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. For more information, visit www.invesco.com/corporate.
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/2022/06/09/invesco-ltd-announces-may-31-2022-assets-under-management/ | 2022-06-09T21:48:55Z |
BEIJING, April 21, 2022 /PRNewswire/ -- AGM Group Holdings Inc ("AGMH" or the "Company") (NASDAQ: AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2021 on Tuesday, April 26, 2022, before the U.S. market opens.
AGMH's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, April 26, 2022 (8:00 PM Beijing/Hong Kong Time on April 26, 2022).
Details of the conference call are as follows:
Additionally, a live and archived webcast of the conference call will be available at:
A replay of the conference call may be accessed by phone within seven days after the conclusion of the live call at the following numbers. To access the replay, please reference the Access code: 520001911#.
About AGM Group Holdings Inc.
Incorporated in April 2015 and headquartered in Beijing, China, AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment. AGMH's mission is to become one of the key participants and contributors in the global fintech and blockchain ecosystem. For more information, please visit www.agmprime.com.
Forward Looking Statements
This news 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 defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. All statements other than statements of historical fact in this press release are forward-looking statements and involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These forward-looking statements are based on management's current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates, but involve a number of unknown risks and uncertainties, Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.
For more information, please contact:
In China:
At the Company:
Email: ir@agmprime.com
Email: Tracy.gao@agmprime.com
The Blueshirt Group
Ms. Feifei Shen
Phone: +86 13466566136
Email: feifei@blueshirtgroup.com
In the United States:
The Blueshirt Group
Ms. Julia Qian
Phone: +1 973-619-3227
Email: Julia@blueshirtgroup.com
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SOURCE AGM Group Holdings Inc. | https://www.wibw.com/prnewswire/2022/04/21/agm-group-report-fourth-quarter-full-year-2021-unaudited-financial-results-tuesday-april-26-2022/ | 2022-04-21T12:44:15Z |
LAS VEGAS (KLAS) — FBI agents served a search warrant Wednesday on Nevada’s top GOP official, sources told KLAS.
Agents seized the cell phone of state Republican chairman Michael McDonald reportedly as part of an investigation into an alleged fake elector scheme initiated at the end of the 2020 presidential election.
In December 2020, KLAS reported that the Nevada Republican Party’s six electors signed paperwork signaling their support for former President Donald Trump in a symbolic ceremony devoid of any legal merit, which was held in Carson City and coincided with the official state-sanctioned tally on Dec. 14, 2020.
A second search warrant was issued for state party secretary James DeGraffenreid, who also signed the document, but FBI agents could not locate him Wednesday, sources told KLAS.
President Joe Biden won the presidential race in Nevada by more than 2%. He received the state’s six electoral votes in the official state ceremony, overseen by Republican Secretary of State Barbara Cegavske.
A video of the GOP event has since been deleted. In January, KLAS received a copy of the fake certificates, which attempted to certify the state’s electoral votes to Trump.
The certificate received by the National Archives looks much different than the official state-sealed one and reads, “We, the undersigned, being the duly elected and qualified electors for president and vice president of the United States of America from the State of Nevada, do hereby certify six electoral votes for Trump.”
In a statement after the event, Nevada GOP chair Michael McDonald said the party’s electors convened in Carson City due to ongoing legal battles seeking to overturn the election results. Nevada Republicans lost all court cases involving allegations of voter fraud.
McDonald’s attorney, Richard Wright, was unavailable Wednesday. Defense attorney George Kelesis told KLAS he had “no comment about the FBI.”
The subpoenas, issued in late January, said in part, “… We are seeking information about your role and participation in the purported slate of electors casting votes for Donald Trump and, to the extent relevant, your role in the events of January 6, 2021.”
The Jan. 6 committee said in its hearing Tuesday that part of its focus was on the fake elector scheme.
The Nevada GOP did not immediately return a request for comment. The party has not responded to any request for comment regarding the electors. | https://cw33.com/news/nexstar-media-wire/fbi-seizes-nevada-gop-chairmans-phone-as-part-of-fake-elector-probe/ | 2022-06-23T19:00:43Z |
Which Matein backpack is best?
Backpacks are probably the most underrated form of luggage. They are extremely versatile and can be used for many purposes. Backpacks can be carried over most any terrain, and they are convenient for use as luggage for overnight trips or carry-on luggage on flights.
Matein produces high-quality and durable backpacks at affordable prices. The best Matein backpack available right now is the popular Matein: Travel Backpack, an excellent all-purpose choice at an economical price.
What to know before you buy a Matein backpack
There are a considerable number of backpacks out there constructed for different purposes. Choosing the right one can be a bit overwhelming. What should be your primary considerations when purchasing one?
Purpose
Matein backpacks are generally all-purpose, but they do have different features that may affect your choice. For example, some Matein bags are too small for extended traveling. Others are only water-resistant, as opposed to waterproof. Consider your purpose and the backpack’s features carefully before making a purchase.
Storage
Backpacks offer many storage options. Some long-term travelers may find a backpack doesn’t offer enough storage capacity and should opt for a traditional luggage option. Those who use a backpack for daily commutes or to carry work materials, like laptops and tablets, can easily find an option to suit their needs.
Size
Lightweight travelers not wishing to check in their luggage should pay attention to the backpack’s dimensions. Matein backpacks generally meet airline requirements for carry-on luggage. However, it is always advisable to check with airlines first to avoid hefty charges at the airport.
What to look for in a quality Matein backpack
Design
Matein backpacks are usually available in classic colors and styles. However, some models come in different colors and designs. Look closely at the versions available before choosing if you want something a bit more eye-catching.
Compartments and pockets
Renowned for having many pockets and compartments, Matein backpacks are great for keeping travelers, students and hikers well-organized. Secret pockets are available on some models for keeping valuable items, and separated compartments are easily accessible and manageable.
Padding
Any backpack should have ample padding to prevent damage to valuables when accidentally dropped. Always read online reviews before purchasing and make sure the bag you buy has adequate protection.
How much you can expect to spend on a Matein backpack
Smaller backpacks suitable for teenagers and college students start at just over $20. Extra-large backpacks can cost just over $100.
Matein backpack FAQ
Are Matein backpacks waterproof?
A. Some Matein bags are water-resistant, and some are waterproof. Neither will offer complete protection from the elements. A water-resistant bag will provide protection for short periods in light rain. In contrast, a waterproof bag will provide protection for more extended periods. In very wet conditions, both bags will eventually leak. If you expect to get drenched, a waterproof backpack cover will provide extra protection and put your mind at ease.
How can I travel for long periods with a smaller Matein backpack?
A. It is possible to travel for extended periods with a backpack. However, some sacrifices may need to be made. If you want to travel lightly, it is essential that you only carry what is absolutely necessary. Consider the following to keep your weight and storage maximized:
- Consider clothing for 4-7 daily changes, and be prepared to do laundry more than you might like. Use layered clothing in cold destinations such as a light merino wool or nylon base layer, lightweight fleece and a windbreaker.
- Essential electronics should be slimline and lightweight. A MacBook Air is far more convenient than a bulky laptop.
- Only the most essential makeup and toiletries should be brought. Remember, you can probably buy most things at your destination.
- Multipurpose footwear is excellent to keep the weight down. A pair of plain, dark trekking shoes could also be used for everyday wear. However, depending on what you plan to do on your trip, a pair of flip-flops may be all you need.
- Accessories such as an Amazon Kindle can replace those novels quite easily. You won’t need an extra camera if your cellphone has a quality one built-in.
What’s the best Matein backpack to buy?
Top Matein backpack
What you need to know: Designed for carrying laptops up to 15.6 inches, this unisex backpack is useful in many situations.
What you’ll love: This comfortable laptop is great for travel. It can also be used for college, high school or weekend backpacking adventures. It’s water-resistant and has a deceivingly large amount of storage space.
What you should consider: The handy USB charger can be used with any portable charger, but it does not include one.
Where to buy: Sold by Amazon
Top Matein backpack for the money
Matein: Reversible School Book Bag
What you need to know: Although promoted as a school book bag, this unisex backpack can be used for all occasions.
What you’ll love: This water-resistant bag can be turned inside out to reveal a different design. The multi-pocket layout means you can easily store your textbooks or other items in an organized fashion. It’s also great as hand luggage or light weekend luggage.
What you should consider: The size will only accommodate a 15.6-inch laptop.
Where to buy: Sold by Amazon
Worth checking out
Matein Waterproof Wheeled Backpack
What you need to know: Aimed more at the traveler, this rolling unisex backpack can also be used by college and high school students.
What you’ll love: This roomy backpack is suitable for hand luggage and weekend travelers. Long-term travelers who pack light may find it perfect as their main luggage. It’s waterproof and comes in three different colors or a floral design.
What you should consider: The bag weighs about 5 pounds and the handle is 22 inches long.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/travel-br/small-travel-bags-br/best-matein-backpack/ | 2022-07-09T01:44:05Z |
- Changes result in annualized cost savings of $43M, extending the cash runway; Company is continuing to reduce external spend -
- Reduces organization headcount by 34% -
- Priorities remain on commercial growth for both the Acute Care and Oncology Care franchises -
SAN DIEGO, June 30, 2022 /PRNewswire/ -- Heron Therapeutics, Inc. (Nasdaq: HRTX), a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care, today announced a corporate restructuring and cost reduction plan to address the current market dynamics and prepare the company for long-term sustainability. The Company expects these actions will result in annualized cost savings of $43 million and will enable Heron to maintain a streamlined organization to support its acute care and oncology care franchises and extend its cash runway.
"To address the current market realities and the macro headwinds facing many commercial-stage biotechnology companies, we are enacting critical plans to protect Heron's long-term sustainability and growth plans. This restructuring and cost reduction plan is expected to support our operations, with ongoing business development activities intended to provide the resources to further extend the runway," said Barry Quart, Pharm.D., Chairman and Chief Executive Officer of Heron. "We continue to have tremendous confidence in ZYNRELEF® and our oncology care franchise products, CINVANTI® and SUSTOL®, with increased sales across both franchises in the second quarter compared to the first quarter of this year. Our commercial team is continuing to focus on accelerating the usage of ZYNRELEF and growing demand unit sales of our oncology care products. Our research and development team is continuing to focus on the label expansion for ZYNRELEF in the U.S. and continuing to work towards approval of HTX-019 for postoperative nausea and vomiting (PONV) with the U.S. Food and Drug Administration (FDA)."
The Company's restructuring and cost reduction plan includes the following:
- Workforce reduction: The majority of the cost savings will result from a significant workforce reduction across the Company's research and development organization, with approximately 70% of the total employee reductions coming from research and development. The remaining research and development team will support the label expansion for ZYNRELEF, and the HTX-019 new drug application for PONV. In total, these actions will result in a reduction of the total company employee base by 34%.
- Streamlined operational expenditures: Includes reductions and reallocations in overall sales, general and administrative (SG&A) expenses, as well as savings related to reduced external spend.
Dr. Quart continued, "These restructuring and cost reduction actions, while difficult, are necessary to address the challenging operating landscape and better position Heron to improve the lives of patients while creating long-term value for shareholders. On behalf of the Board of Directors, I would like to recognize our valued colleagues who are departing Heron. We are extremely grateful for their contributions and dedication that have enabled us to deliver three important drugs in the last five years that help patients, with another expected soon. These accomplishments are truly remarkable, and we look forward to continuing to execute on our multi-franchise strategy with the team in place."
About ZYNRELEF® for Postoperative Pain
ZYNRELEF is the first and only dual-acting local anesthetic that delivers a fixed-dose combination of the local anesthetic bupivacaine and a low dose of nonsteroidal anti-inflammatory drug meloxicam. ZYNRELEF is the first and only extended-release local anesthetic to demonstrate in Phase 3 studies significantly reduced pain and significantly increased proportion of patients requiring no opioids through the first 72 hours following surgery compared to bupivacaine solution, the current standard-of-care local anesthetic for postoperative pain control. ZYNRELEF was initially approved by the FDA in May 2021 for use in adults for soft tissue or periarticular instillation to produce postsurgical analgesia for up to 72 hours after bunionectomy, open inguinal herniorrhaphy and total knee arthroplasty. In December 2021, the FDA approved an expansion of ZYNRELEF's indication. ZYNRELEF is now indicated in the U.S. in adults for soft tissue or periarticular instillation to produce postsurgical analgesia for up to 72 hours after foot and ankle, small-to-medium open abdominal, and lower extremity total joint arthroplasty surgical procedures. Safety and efficacy have not been established in highly vascular surgeries, such as intrathoracic, large multilevel spinal, and head and neck procedures. In September 2020, the European Commission granted a marketing authorization for ZYNRELEF for the treatment of somatic postoperative pain from small- to medium-sized surgical wounds in adults. As of January 1, 2021, ZYNRELEF is approved in 31 European countries including the countries of the European Union and European Economic Area and the United Kingdom. In March 2022, Health Canada issued a Notice of Compliance for ZYNRELEF for instillation into the surgical wound for postoperative analgesia after bunionectomy, open inguinal herniorrhaphy, and total knee arthroplasty surgical procedures.
Please see full prescribing information, including Boxed Warning, at www.ZYNRELEF.com.
About HTX-019 for PONV
HTX-019 is an IV injectable emulsion formulation designed to directly deliver aprepitant, the active ingredient in EMEND® (aprepitant) capsules, which is the only substance P/neurokinin-1 (NK1) receptor antagonist (RA) to be approved in the U.S. for the prevention of PONV in adults. The FDA-approved dose of oral EMEND is 40 mg for PONV prevention, which is given within 3 hours prior to induction of anesthesia for surgery. In a Phase 1 clinical trial, 32 mg of HTX-019 as a 30-second IV injection was demonstrated to be bioequivalent to oral aprepitant 40 mg. The new drug application (NDA) for HTX-019 for PONV was submitted in November 2021 and the FDA set a PDUFA goal date of September 17, 2022.
About CINVANTI for Chemotherapy Induced Nausea and Vomiting (CINV) Prevention
CINVANTI, in combination with other antiemetic agents, is indicated in adults for the prevention of acute and delayed nausea and vomiting associated with initial and repeat courses of highly emetogenic cancer chemotherapy (HEC) including high-dose cisplatin as a single-dose regimen, delayed nausea and vomiting associated with initial and repeat courses of moderately emetogenic cancer chemotherapy (MEC) as a single-dose regimen, and nausea and vomiting associated with initial and repeat courses of MEC as a 3-day regimen. CINVANTI is an IV formulation of aprepitant, an NK1 RA. CINVANTI is the first IV formulation to directly deliver aprepitant, the active ingredient in EMEND® capsules. Aprepitant (including its prodrug, fosaprepitant) is the only single-agent NK1 RA to significantly reduce nausea and vomiting in both the acute phase (0–24 hours after chemotherapy) and the delayed phase (24–120 hours after chemotherapy). The FDA-approved dosing administration included in the U.S. prescribing information for CINVANTI include 100 mg or 130 mg administered as a 30-minute IV infusion or a 2-minute IV injection.
Please see full prescribing information at www.CINVANTI.com.
About SUSTOL for CINV Prevention
SUSTOL is indicated in combination with other antiemetics in adults for the prevention of acute and delayed nausea and vomiting associated with initial and repeat courses of moderately emetogenic chemotherapy (MEC) or anthracycline and cyclophosphamide (AC) combination chemotherapy regimens. SUSTOL is an extended-release, injectable 5-hydroxytryptamine type 3 RA that utilizes Heron's Biochronomer® drug delivery technology to maintain therapeutic levels of granisetron for ≥5 days. The SUSTOL global Phase 3 development program was comprised of two, large, guideline-based clinical studies that evaluated SUSTOL's efficacy and safety in more than 2,000 patients with cancer. SUSTOL's efficacy in preventing nausea and vomiting was evaluated in both the acute phase (0–24 hours after chemotherapy) and delayed phase (24–120 hours after chemotherapy).
Please see full prescribing information at www.SUSTOL.com.
About Heron Therapeutics, Inc.
Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care. Our advanced science, patented technologies, and innovative approach to drug discovery and development have allowed us to create and commercialize a portfolio of products that aim to advance the standard-of-care for acute care and oncology patients. For more information, visit www.herontx.com.
Forward-looking Statements
This news release contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Heron cautions readers that forward-looking statements are based on management's expectations and assumptions as of the date of this news release and are subject to certain risks and uncertainties that could cause actual results to differ materially, including, but not limited to, the timing and results of studies for the further expansion of the U.S. label for ZYNRELEF; the potential market opportunities for ZYNRELEF in the U.S., Europe and Canada; the timing of the NDA review process for HTX-019 and whether the FDA approves HTX-019; the 2022 second quarter net product sales for the oncology care franchise; the 2022 second quarter net product sales for ZYNRELEF; the expected future balances of Heron's cash, cash equivalents and short-term investments; the expected duration over which Heron's cash, cash equivalents and short-term investments balances will fund its operations; the extent of the impact of the ongoing Coronavirus Disease 2019 pandemic on our business; and other risks and uncertainties identified in the Company's filings with the U.S. Securities and Exchange Commission. Forward-looking statements reflect our analysis only on their stated date, and Heron takes no obligation to update or revise these statements except as may be required by law.
Investor Relations and Media Contact:
David Szekeres
Executive Vice President, Chief Operating Officer
Heron Therapeutics, Inc.
dszekeres@herontx.com
858-251-4447
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SOURCE Heron Therapeutics, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/30/heron-therapeutics-announces-restructuring-cost-reduction-plan-address-market-dynamics-prepare-long-term-sustainability/ | 2022-06-30T13:04:24Z |
Olson-Torch, an impactful business leader who has spent more than 20 years building revenue, elevating brands and shaping reputation, will be responsible for all aspects of LRS sales and marketing with an emphasis on user experience, digital marketing and branding
ROSEMONT, Ill., Sept. 1, 2022 /PRNewswire/ -- LRS, among the nation's leading independent waste diversion, recycling and portable services providers, today announced it has appointed Emily Olson-Torch as Senior Vice President of Sales and Marketing. Olson-Torch brings to LRS a portfolio of career accomplishments spanning more than 20 years of business-to-consumer revenue and demand generation, digital marketing, customer retention and growth, brand innovation and reputation management.
Olson-Torch will be responsible for all aspects of LRS sales and marketing with an emphasis on customer experience, digital marketing, technology and company branding. Since its founding in 2013, LRS has worked to challenge the Waste industry status quo, recording explosive organic and acquisition-driven revenue growth across its three core lines of business: municipal and commercial waste diversion, recycling, and essential portable services.
"I am absolutely thrilled and honored to join LRS in this pivotal leadership role at such a critical time," Olson-Torch said. "LRS has spent the last decade shifting the Waste industry paradigm from a linear function in society to a profitable circular operating model rooted in reusing, repurposing and extending the value of discarded material. I truly look forward to making a difference at LRS."
Olson-Torch joins LRS following seven successful years at leading household solutions manufacturer, Honey-Can-Do, where she rose from Vice President of e-commerce and Marketing to Chief Revenue Officer and grew revenue triple digits during her tenure. Prior to Honey-Can-Do, Olson-Torch held senior sales, marketing, client service and branding positions at Flor, Shopper Sciences, Zappos.com, OMD Worldwide, and Starcom/Leo Burnett.
She earned a Bachelor of Arts degree in Advertising from Michigan State University; was named a Crain's Chicago Business Notable Marketing Executive in 2020; cited in Home Furnishing News' (HFN) 40 Under 40 in 2018; and in 2011, earned a Bronze Effie Award for Zappos: Happy People Making People Happy campaign.
"We welcome to Emily to LRS, and have no doubt her exceptional career experiences and accomplishments will help catapult revenue, shape the LRS brand, and unify our customer experience as we grow, innovate and expand across the nation's Midwest and South-Central states," said LRS President and Chief Executive Officer Alan T. Handley.
LRS has made ten acquisitions to-date in 2022, and in 2021, the company amassed 22 acquisitions to complement its organic revenue growth.
LRS is among the nation's leading independent waste diversion, recycling and portable services providers. Since 2013, LRS has specialized in delivering an exceptional customer experience for millions of residential and commercial customers across ten states: Illinois, Wisconsin, Iowa, Indiana, Michigan, Minnesota, Kansas, Arkansas, Tennessee and Mississippi. Diversified and growing, LRS also offers affordable roll-off container services, C&D recycling, street sweeping, portable restroom rentals, on-site storage and temporary fencing. LRS owns and operates more than 80 facilities and thrives on the passion of 2,100 full-time employees. The company provides safe, innovative, sustainability-driven services to clean and beautify the cities, neighborhoods, and communities it serves. To learn more visit www.LRSrecycles.com. #BeyondWaste
Media Contact:
Jim Engineer
Manager, Corporate Communications
jengineer@lrsrecycles.com
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SOURCE LRS | https://www.mysuncoast.com/prnewswire/2022/09/01/lrs-appoints-leading-business-to-consumer-brand-builder-emily-olson-torch-senior-vice-president-sales-amp-marketing/ | 2022-09-01T19:08:57Z |
Satellite from GalaxEye powered by Antaris software platform to feature world's first pairing of Synthetic Aperture Radar (SAR) and optical sensors on a single satellite
Constellation will dramatically improve analytical quality of resulting geospatial data
LOS ALTOS, Calif. and CHENNAI, India, Sept. 14, 2022 /PRNewswire/ -- Antaris, the software platform provider for space, and GalaxEye, an imaging satellite operator, today announced the signing of a Memorandum of Understanding to create the world's first satellite featuring both SAR and optical sensors on a single satellite. The MOU highlights a unique commitment between three Indian space leaders—GalaxEye, Ananth Technologies and XDLINX Labs—and US-based satellite software provider Antaris.
The four companies intend to solve a vexing legacy challenge for consumers of remote sensing data. Typically, satellite constellation operators have deployed specialized satellites to capture specific types of data. Each image or data point is captured at a unique time from a unique location, making it difficult to correlate data from separate satellites. The new multi-sensor satellite being developed under the MOU will capture, for the first time in history, both SAR data and optical data from the same satellite—improving the ability to correlate the data and its analytical utility. The resulting datasets will have tremendous value for environmental, insurance and defense applications.
"The Antaris software platform was specifically designed as an end-to-end solution to help dramatically simplify the design, build and management of satellites," said Tom Barton, Co-Founder and CEO of Antaris. "The opportunity to join forces with our friends at Ananth Technologies, GalaxEye and XDLINX to provide a breakthrough solution for a multi-payload satellite imaging constellation is a great example of what our flexible platform was designed to do."
"We are very excited to partner with Ananth, Antaris and XDLINX," said Suyash Singh, CEO of GalaxEye. "We strongly believe that our combined expertise will result in a successful mission of GalaxEye's satellite which will provide superior geospatial imagery to our customers. This is a unique start-up collaboration in the space sector in India and will be further strengthened through support from ISRO and IN-SPACe. This MOU will be marked as the first milestone."
Under the terms of the agreement, Antaris will provide the SaaS technology platform required to design, simulate, build and manage the earth observation satellite from GalaxEye and its onboard Drishti sensor. Ananth Technologies will provide AIT (Assembly, Integration and Test) services and manufacturing capabilities. XDLINX Labs, a valued member of the Antaris Marketplace, will be responsible for the design of the spacecraft bus and supply chain integration services.
"XDLINX is very pleased to partner with Ananth Technologies and Antaris to realize the bus platform to support this unique mission for GalaxEye," said Rupesh Gandupalli, CEO of XDLINX.
"Ananth is truly excited to enable GalaxEye's vision through Ananth's Mission-as-a-Service (MaaS) offering," said Dr. Subba Rao Pavuluri, CEO of Ananth Technologies. "Our MaaS platform is a fruition of the synergetic collaboration of Ananth with its key partners, Antaris Inc and XDLINX Labs. Beyond launch, Ananth also sees opportunities to collaborate with GalaxEye in offering advanced geospatial services to Ananth's existing and new GIS customers."
The satellite is expected to launch in Q4 2023.
Antaris, the software platform provider for space, exists to make space easy. We dramatically simplify the design, simulation, manufacturing and operation of satellites, giving customers the flexibility and security to ensure mission success. Antaris brings New Space thinking to an Old Space world, solving the most pressing challenges for our industry to improve time-to-orbit and reduce cost. Learn more at www.antaris.space
GalaxEye is a new space entity incubated out of IIT Madras, Chennai, India. The Space startup is working on deploying a satellite constellation with a first of its kind sensor based on data fusion to provide the most comprehensive imagery dataset from space. GalaxEye operates on a Data-as-a-Service Model, helping businesses and governments make data-driven decisions based on insights from satellite imagery. Learn more at https://galaxeye.space
Ananth is an internationally certified aerospace Master Systems Integrator (MSI). It has a deep space heritage of supporting numerous spacecraft and launch vehicle platforms during the last two decades. In addition, Ananth also offers high-value geospatial services for its customers. Ananth has extensive design, manufacturing and AIT facilities across India, and has been a key member of the Indian Space program. Learn more at www.ananthtech.com
XDLINX offers an end-to-end satellite New Product Innovation (NPI) As-a-Service for complete mission requirements – from design, supply chain, build, integration & space qualify to mission operations. Learn more at www.xdlinx.com
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SOURCE Antaris | https://www.kxii.com/prnewswire/2022/09/14/leading-space-innovators-join-forces-create-worlds-first-satellite-with-both-sar-optical-payloads-revolutionize-geospatial-imaging/ | 2022-09-14T09:56:38Z |
AEX Vietnam Endorser Competition Begins - 100,000 USDT Giveaways!
HO CHI MINH CITY, Vietnam, April 1, 2022 /PRNewswire/ -- With the launch of the Vietnam Operation Center, AEX Global started the Vietnamese Blockchain Eco-development Plan with 100,000,000 USD. Recently, AEX announced that they will launch the 'Vietnam Endorser Competition' activity on April 7, 2022. The top 3 endorsers will get over 2,000,000,000 VND rewards (valued at 100,000 USD), among which the champion will get 1,500,000,000 VND (valued at 66,666 USD), the prize for second place is 380,000,000 VND (valued at 16,666 USD), and the third place gets 150,000,000 VND (valued at 6,666 USD). The top 10 will get the rewards and customized NFT! AEX Global declares its global business expansion with a high endorsement bonus and endorsers voted by users is also in line with the current DAO principle in the blockchain ecosystem, which will further establish AEX Vietnam ecosystem. Endorser application link: https://forms.gle/ssyRqwTAi8kN9xXu8
Different from other crypto exchanges, AEX Global doesn't cooperate with sports stars for brand exposure, nine years of experience have led AEX to opt for a more ecologically oriented DAO style instead. By community voting to select the native KOL(s), Vietnam blockchain investors can deeply involve themselves in ecological construction and also share crypto finance development bonuses. Currently, AEX has launched dozens of ecological activities, providing global blockchain investors with diversified portfolios.
"AEX Global Vietnam Operation Center has launched a series of ecological activities for Vietnamese users, for example Vietnam Endorser Competition, Up To 1,000 USDT Registration Rewards, 100% Novice Finance APR, Trading Sharing Of 200,000 USDT, and KAI Token Giveaways In Listing Desk and so on. From the very first moment a user enters AEX.com, he/she can enjoy richer investment ideas and obtain higher returns as the platform provides them with comprehensive and complete finance events. AEX crypto service platform gathers business models such as Finance, Loan, Mining, and DeFi as it is striving to provide a stable, safe, and professional digital finance management service for users around the world", said by Brand spokesperson of AEX, Shergina Asya.
The closer you look, the further you see. AEX Global Service Platform is continually developing, and our goal is to provide 1 billion people with safe, complete, simple, and diversified crypto finance management service in the next 9 years.
Vietnam Endorser Competition is in full swing, up to 100,000 USDT Giveaway, rewards sending the top 10 competitors and the Champion gets 66,666 USDT!
Click to become an Endorser: https://forms.gle/ssyRqwTAi8kN9xXu8
AEX: https://www.aex.com/page/h5/m_regist.html#/newByInvite?from=q0c909
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SOURCE AEX exchange | https://www.mysuncoast.com/prnewswire/2022/04/01/aex-vietnam-endorser-competition-begins/ | 2022-04-01T11:22:43Z |
Surging GOP candidate Kathy Barnette has long history of bigoted statements against gays and Muslims
By Andrew Kaczynski and Em Steck, CNN
Surging Pennsylvania GOP Senate candidate Kathy Barnette has a history of anti-Muslim and anti-gay statements. In many tweets, Barnette also spread the false conspiracy theory that former President Barack Obama is a Muslim.
In one speech uploaded to YouTube in 2015, Barnette forcefully argued it was OK to discriminate against Muslims and compared rejecting Islam to “… rejecting Hitler’s or Stalin’s worldviews.” In comments on her radio show, she said accepting homosexuality would lead to the accepting of incest and pedophilia. One post she wrote called a transgender person “deformed” and “demonic.”
Barnette surged in recent polls in the upcoming Pennsylvania Republican US Senate primary, putting her in a dead heat between Donald Trump-endorsed former TV star Mehmet Oz and former hedge fund manager David McCormick. The Pennsylvania Senate seat is one of the one of the best pickup opportunities for Democrats this November, and Barnette’s sudden, rapid rise is causing worry among Trump allies.
Barnette has had a quick and unpredicted rise in the polls ahead of next Tuesday’s primary. She is best known as an Army Reserves veteran and conservative political commentator who regularly appeared on Fox, and previously she was the host of a Christian radio show called “Truth Exchange,” which also had a website where she sometimes blogged. She previously ran for Congress in 2020 in Pennsylvania’s 4th Congressional District but lost to Democratic Rep. Madeleine Dean.
Barnette’s campaign did not respond to CNN’s request for comment.
Anti-gay comments
In posts, and comments on her radio show, Barnette frequently condemned being gay and transgender.
“Two men sleeping together, two men holding hands, two men caressing, that is not normal,” she said on her radio show in July 2015, when a Supreme Court ruling cleared the way for same-sex marriage.
On the same show, Barnette argued accepting same-sex marriage would lead to a “slippery slope” of accepting incest and pedophilia, in an episode that was deleted from her SoundCloud page after CNN’s KFile reached out to the Barnette campaign for comment.
“If love is the litmus test, who are we to say, well, your love is legitimate love, same-sex couples, but your love, father and daughter, is not legitimate. Or your love, one man and three women, is not legitimate, or one older man and a 12-year-old child. If love is the litmus test, it becomes a very slippery slope. And that is where we, we find ourselves today.”
In one 2015 post, Barnette attacked the transgender former reality star and Olympic champion Caitlyn Jenner as “deformed” and “demonic,” while attacking what she called a “barrage to normalize sexual perversion.” In comments in the same post, Barnette warned of a “take-over” occurring by the “Homosexual agenda.”
On another show from the same time, Barnette hosted “two ex-gays” to show “the real story behind all those happy ‘gay’ photos we see, & God’s Redemptive story in both of their lives.” One conversation featured the president of “Parents and Friends of Ex-Gays & Gays (PFOX).” In one post from 2010, Barnette wrote the “homosexual AGENDA” seeks “domination.” In a post in 2013, Barnette said America couldn’t coexist with the “Homosexual agenda.”
“The aggressive homosexual agenda is coming soon to a kitchen table near you,” she wrote.
Anti-Muslim views
In tweets and posts, Barnette frequently targeted Islam and Muslims. In one post, on her website, Barnette shared an obviously doctored image of a Muslim man holding up a sign in front of the rubble of the World Trade Center that said, “Vote Democrat! We need your help to kill you.”
Speaking in December 2015, in a speech posted online, Barnette argued it was acceptable to discriminate against Muslims and Islam, comparing it to rejecting the worldviews of Stalin and Hitler, leaders who systematically discriminated against and ordered the killing of millions of people — including Jews, people with disabilities, Slavs and gay men.
“You are not a racist if you reject Islam, or if you reject Muslims, because they are not a race of people. They are a particular view. They are people that have a particular view of the world, and we have a right to discriminate against worldviews,” she said. “We discriminated against Hitler’s Nazi Germany view of the world, right? That was a worldview. That’s how he saw the world around him. And we discriminated against it. We rejected it. We rejected Stalin’s view … of the world, right? Because that’s a particular view of the world that we don’t agree with.”
“We have the right to discriminate against worldviews because all views are not morally equal,” she added. “All views are not equal. So we have the right to reject it. And let me just say offhand, I reject how Muslims see the world.”
She tweeted in 2015, “There is nothing rational about Islam.” In another she wrote, “Pedophilia is a Cornerstone of Islam.”
In 2019, Barnette attacked Democratic Rep. Rashida Tlaib of Michigan for comments she made about Trump, tweeting she was a “MUSLIM” in all capital letters.
“Aren’t you all so glad you voted in the first ‘openly’ Palestinian Muslim? (Sarcasm for ya’ll who don’t get sarcasm),” wrote Barnette.
Spread conspiracy theories Obama was a Muslim
Barnette also frequently shared the conspiracy theory that Obama, who is a Christian, was Muslim. One tweet derided Obama as a “Muslim or from another country.”
On her radio show and in speeches, Barnette frequently called Obama by his full name, Barack Hussein Obama, apparently to imply he was Muslim.
“We have a president in office right now, Barack Hussein Obama,” she said in 2015 in a speech. “I try to mention his name as much as possible. Thinking that at some point a light bulb is going to go off in someone’s head.”
“Don’t we get it? Obama is a Muslim!” read one tweet in January 2016.
“Obama is a Muslim. Doing Muslim like THINGS!” read one 2016 tweet. One 2015 tweet called him “Muslim Obama.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/05/12/surging-gop-candidate-kathy-barnette-has-long-history-of-bigoted-statements-against-gays-and-muslims/ | 2022-05-12T21:24:00Z |
Integration Builds Momentum for Sector-wide Common Applications, Benchmarking, and Reporting
CHICAGO and SAN FRANCISCO, May 19, 2022 /PRNewswire/ -- The Impact Genome Project® announced Fluxx will integrate with the Impact Genome's universal nonprofit impact registry. Fluxx joins SmartSimple in uniting philanthropy technology leaders in standardizing and quantifying social outcomes. Together, these grants platforms include more than 500 foundations and represent $23 billion in annual giving.
"This is a new day for philanthropy. A simple idea – creating a common, centralized registry for nonprofits to store their impact data – has the potential to revolutionize the social sector," said Jason Saul, CEO, the Impact Genome Project. "By integrating with the Impact Genome, Fluxx and SmartSimple are leading the field toward greater equity, transparency and accountability."
For funders, a common registry enables a new generation of functionality, including 'closest matching' searches, verified impact reporting, portfolio analysis, and benchmarking. For nonprofits, access to the Impact Genome's standardized and centralized registry will reduce administrative costs and avoid the need to continuously enter the same data into different grant systems.
"One of the key legacies of the global crises of the past two years is that we need shared infrastructure to ease nonprofit burden," said Chantal Forster, executive director, Technology Association of Grantmakers. "Increasingly, grantmakers have realized that investing in common data and shared technology tools across the sector reduces nonprofit overhead, improves equitable access to funding, and enables room for trust-building and collaboration."
For Grantmakers: A New Way to Invest in Social Impact
The Impact Genome provides an objective and efficient way to source, compare, and independently evaluate social impact, enabling grantmakers to operate more like investors. The system also offers grantmakers the ability to view individual grantee scorecards as well as aggregate impact reports, rolling up common data from across their entire grants portfolio. Even before they make a grant, funders can view standardized, comparable impact data on more than two million nonprofit organizations in the U.S. and Canada.
The impact registry's 'closest matching' search feature allows funders to find nonprofits that focus on specialized outcomes aligned to their strategic priorities. Organization matching can help to streamline an RFP process and reduce unqualified grant applications.
"Integrating with the Impact Genome's universal registry enables Fluxx to help our customers benchmark and act on their impact data," said Kerrin Mitchell, chief development officer and co-founder, Fluxx. "By standardizing on impact taxonomies, we can reduce the reporting burden on grantees and continue to forge relationships between givers and doers."
For Nonprofits: Accelerating Access to Funding
The Impact Genome's universal registry will automate grant applications and reports by allowing nonprofits to store and access organizational and program data from a centralized clearinghouse. Currently, nonprofits spend 15 hours or more on each grant report¹ amounting to billions of dollars spent on redundant administrative tasks each year. With a universal registry, nonprofits can store information on their program design, beneficiaries, theory of change, impacts, DEI, and evidence in one centralized location.
By using a registry, nonprofits can now be more discoverable by funders seeking to fund specific outcomes and beneficiaries. This new level of discoverability is intended to help nonprofits of all sizes be equally capable of competing for funding based on their ability to deliver results, instead of their marketing materials or connections.
Standardized data will also help nonprofits tell their impact stories in consistent and structured ways, using data on program efficacy and cost-per-outcome. The Impact Genome also helps nonprofits set quantifiable goals and provide outcomes-based reports to funders, increasing transparency between grantor and grantee.
"With the Impact Genome integration, we are now better able to help our grantmaking clients adopt more equitable practices and significantly elevate their social impact reporting," said Mike Reid, co-founder and chief operating officer, SmartSimple.
Nonprofits can join the registry at no cost by completing a profile here. Foundations, corporations, and other grantmaking organizations should contact their Fluxx and SmartSimple representatives for more information about how the Impact Genome integrates with their grants management systems.
About The Impact Genome Project
The Impact Genome Project is a universal registry that enables nonprofits and funders to standardize, verify and report social outcomes. The project is a public-private research initiative developed in collaboration with leading social scientists, economists, statisticians, and data entrepreneurs. With the Impact Genome's standardized data, nonprofits and funders can evaluate and report on more than 132 common social outcomes. The Impact Genome Project is an initiative of Mission Metrics, LLC.
About Fluxx
Fluxx is the most trusted cloud-first grantmaking solution. Purpose-built by grantmakers for grants management, Fluxx is women-led, a DEI champion, and a Pledge 1% member organization. More than 350 world-class foundations and government organizations use Fluxx, including 10 of the top 20 foundations, granting more than $15 billion annually and impacting more than 150,000 non-profits. Find out more at www.fluxx.io and follow @fluxxlabs on Twitter.
About SmartSimple
Founded in 2002, SmartSimple Software has pioneered cloud-based workflow and collaboration solutions for two decades. SmartSimple's platform, SmartSimple Cloud, is award-winning and highly rated by organizations looking for flexibility, security, and advanced features. Trusted by 450+ clients globally, including prominent foundations, Fortune 500 companies, and government funders, the platform connected 1.8 million end-users to billions of dollars in critical grant funding last year alone. To learn why SmartSimple was recently rated highest in advanced features, visit smartsimple.com and follow them on LinkedIn.
- Center for Effective Philanthropy, Working Well with Grantees. 2013.
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SOURCE Impact Genome Project | https://www.kxii.com/prnewswire/2022/05/19/leading-grants-platform-fluxx-adopts-impact-genome-projects-universal-impact-registry/ | 2022-05-19T17:12:27Z |
MADRID (AP) — Penélope Cruz has won one of Spain’s top film awards for her contribution to Spanish cinema, the country’s ministry of culture said Monday.
The jury of the 2022 National Cinema award was unanimous in its decision to honor the Madrid-born star, describing the 48-year-old Oscar winner in a statement as an “iconic actress whose brilliant legacy enriches Spain’s cultural heritage.”
“Committed to her craft, she seeks excellence in her work, allowing her to create some of the most unforgettable characters in the history of our cinema,” the jury added.
The recognition is the latest addition to Cruz’s long list of accolades, from an Academy Award for best supporting actress in “Vicky Cristina Barcelona,” to top awards at the Cannes and Venice Film Festival for her performances in “Volver” and “Parallel Mothers.”
Prime Minister Pedro Sánchez congratulated Cruz soon after the award was announced.
“She is the embodiment of cinema, both Spanish and international,” Sánchez tweeted, citing her “immense talent and exceptional performances.”
Past winners of the award include actor Antonio Banderas and director Isabel Coixet. | https://cw33.com/entertainment-news/ap-entertainment/spain-honors-penelope-cruz-for-contribution-to-cinema/ | 2022-06-07T02:46:26Z |
The family of staffing brands is focused on growth and diversifying their service offerings
CINCINNATI, Aug. 18, 2022 /PRNewswire/ -- Riley Decker Companies, a family of staffing brands and one of the largest staffing firms in the U.S., has announced the promotion of two team members responsible for leading operations for their skilled trades and healthcare brands.
This announcement supports the company's vision to continue to grow their market share of the staffing industry across multiple segments including light industrial, skilled trades, and their newest addition of healthcare staffing.
"These new assignments recognize the right behaviors and mindset of the type of leaders who can continue to propel us forward in our mission to change lives and sustain growth. We are grateful for the business opportunities in front of us and are excited to recognize these employees who will play a critical part in our long-term success," said Kyle Decker, CEO & Founder, Riley Decker Companies.
Tiffany Feeley, former Director of Strategy for Riley Decker Companies, has been promoted to Vice President of Operations of MOR Talent Solutions. She has over 8 years of staffing experience and has been a key driver in the growth of the company over the last four years from developing the marketing arm of the business to rolling out multiple technologies to advance the capabilities of operations across multiple brands.
Tessie Ward, former Director of Marketing for Riley Decker Companies, has been promoted to Vice President of Operations for Galaxy Healthcare. Over the last year at Riley Decker she has further developed the marketing strategy and team overseeing the creation of new brands to the company's portfolio. She has been a catalyst for growth at three of the fastest-growing companies in the Greater Cincinnati area and has experience in both healthcare staffing and start-ups.
Riley Decker Companies has been recognized by the Cincinnati Business Courier as one of the 2022 Best Places to Work and the 5th Largest Staffing Firms in Greater Cincinnati, as well as one of the Largest Staffing Firms in the country by Staffing Industry Analysts. The company earned over $150 million in revenue in 2021 and is forecasting over $200 million in 2022.
Riley Decker Companies is a family of staffing brands servicing the light industrial, skilled trades, and healthcare staffing segments. The company, made up of The Job Center Staffing, MOR Talent Solutions, and Galaxy Healthcare, has been recognized regionally and nationally for their sustained growth and employee engagement. Their mission is to change lives through the power of employment and employed over 23,000 associates in 2021. Learn more at rileydecker.com.
MOR Talent Solutions is a full-service, professional recruitment firm specializing in the manufacturing operations, engineering, supply chain, and skilled labor arenas. With over 35 years of combined experience in the Cincinnati and Tri-state area, MOR prides itself on both delivering the highest level of service to its client partners while also offering career changing opportunities to the professionals they work with. Learn more at mortalent.com.
Galaxy Healthcare is a healthcare staffing firm focused on local and travel nurse and allied staffing, as well as uniquely offering environmental services to their partners through their sister brands. The company aims to provide out-of-this-world staffing services, delighting clinicians and partners with a personalized and purpose-driven approach to the industry. Galaxy connects the right crew (qualified healthcare professionals) with the right missions (healthcare assignments across the U.S.). Learn more at galaxyhealthcare.com.
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SOURCE The Riley Decker Companies | https://www.wibw.com/prnewswire/2022/08/18/riley-decker-companies-promotes-two-team-members-vice-president-operations/ | 2022-08-18T12:38:32Z |
Norwest and Medtech Convergence Fund co-lead investment in molecular diagnostic company working to improve diagnostic testing for women's health screening
CAMBRIDGE, Mass., Aug. 9, 2022 /PRNewswire/ -- Nanopath Inc., a molecular diagnostics company enabling high-quality molecular testing in minutes, announced today that it has closed $10 million in Series A funding, co-led by Norwest Venture Partners and the Medtech Convergence Fund, a SV Health Investors venture fund, with participation from Gingerbread Capital and Green D Ventures. The funding will support development and commercialization of Nanopath's biosensing platform that aims to transform how women's pelvic and gynecologic infections are diagnosed.
"Nanopath's mission is deeply rooted in improving women's health and even more broadly, health equity for all. We envision Nanopath's technology as the go-to platform for routine women's health screening, allowing for clinically actionable diagnosis within a single office visit," said Amogha Tadimety, Ph.D., co-founder and CEO of Nanopath. "With this funding, we're looking to build our technical team and initiate commercial and clinical partnerships to bring our technology platform to market."
Nanopath's co-founders are working to close two major gaps in the industry: the limited number of disruptive life science companies focused on women's health and the limited number of women-led life science companies. Built on a core mission to address these critical disparities, Nanopath is developing technological breakthroughs designed to empower the patient and provider.
Nanopath seeks to address disparities in care for underserved populations, starting with women's health, by introducing a novel approach to molecular diagnostic testing that harnesses advances in bioengineering and nanotechnology to accurately identify and characterize a variety of pathogens within minutes, compared to existing gold-standard diagnostics that take days to return results. The technology can simultaneously characterize multiple pathogens with one test, leading to faster, more precise diagnosis and treatment.
Nanopath's proprietary biosensing technology utilizes ultrasensitive optical detection to identify DNAs and RNAs, without the need for nucleic acid amplification. This amplification-free approach minimizes reagents, lowers costs and reduces user steps that are ubiquitous across molecular diagnostics. Nanopath's platform will require minimal training to operate, making high-complexity molecular diagnostics testing accessible at the point-of-care.
Nanopath's technology has the potential to simultaneously test for multiple pathogens, based on presenting symptoms, and reduce delivery of test results from days to just 15 minutes. The company has generated strong pilot clinical data in its two lead indications through collaborations with leading hospital systems in New England.
"What we are building has the potential to holistically improve patient care by circumventing existing complex, expensive and time-consuming workflows, while simultaneously providing more granular health information," said Alison Burklund, Ph.D., co-founder and CTO of Nanopath. "We started in the women's health space because of the deep unmet need, and our desire as founders to bring a first-in-class diagnostic platform to a population that has been consistently overlooked. That said, our technology has the potential to be valuable in any situation where DNA or RNA detection is useful, including respiratory disease diagnosis, characterization of genetic risk factors, and even biosecurity surveillance and environmental monitoring."
"The women's health diagnostics market is ready for a solution that not only provides better and more actionable information, but also integrates with existing and emerging care delivery models," said Jeff Crowe, senior managing partner at Norwest Venture Partners. "The Nanopath platform can provide results with the same, if not better, accuracy than existing methods, within 15 minutes, and at lower cost. Nanopath is well positioned to improve diagnosis and care delivery across a range of healthcare settings."
"Nanopath has hit on a new approach that is poised to disrupt the existing molecular testing paradigm. We look forward to working with this team to advance their technology," said Aaron Sandoski, founding partner at SV Health Investors' Medtech Convergence Fund.
Both Crowe and Sandoski have joined Nanopath's board in tandem with this funding round. In late July, the company was named winner of the 2022 AACC Disruptive Technology Award, which recognizes innovative testing technology solutions that improve patient care through diagnostic performance or access to high-quality testing. Nanopath was also a winner of the inaugural 2021 Ignite Golden Ticket, which honors companies that advance life sciences innovation by making the biotechnology industry more inclusive and equitable by directly supporting promising entrepreneurs.
Nanopath is actively growing its purpose-driven team. To learn more about open positions, please visit www.nanopathdx.com/opportunities.
Nanopath is dedicated to improving health equity worldwide, starting with women's health. Nanopath's proprietary molecular diagnostic test takes a radically new approach to how clinicians measure and characterize human health. Through its novel biosensing technology, the company has the potential to enable fast, high-complexity tests to be performed in minutes and at the point-of-care, rather than in centralized laboratories. Nanopath's founders seek to improve the lives of women and other underserved populations, while simultaneously enhancing the lives of the Nanopath team members through purpose-driven work that helps to develop and deploy its products. The company is headquartered in Cambridge, Mass., at LabCentral, the premier launchpad for high-potential life sciences and biotech start-ups. Nanopath was spun out of Dartmouth College in 2019 in partnership with Dartmouth Hitchcock Medical Center. For more information, visit www.nanopathdx.com.
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SOURCE Nanopath | https://www.mysuncoast.com/prnewswire/2022/08/09/nanopath-secures-10-million-series-funding-develop-commercialize-point-of-care-diagnostics-womens-health/ | 2022-08-09T15:18:22Z |
NEW YORK, May 26, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Axsome Therapeutics, Inc. ("Axsome" or the "Company") (NASDAQ: AXSM) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Axsome investors who were adversely affected by alleged securities fraud between December 30, 2019 and April 22, 2022. Follow the link below to get more information and be contacted by a member of our team:
AXSM investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Axsome's chemistry, manufacturing, and control ("CMC") practices were deficient with respect to AXS-07, the Company's medicine for the acute treatment of migraine, and its manufacturing process; (ii) as a result, Axsome was unlikely to submit the AXS-07 New Drug Application ("NDA") on its initially represented timeline; (iii) the foregoing CMC issues remained unresolved at the time that the U.S. Food and Drug Administration ("FDA") reviewed the AXS-07 NDA; (iv) accordingly, the FDA was unlikely to approve the AXS-07 NDA; (v) as a result of all the foregoing, Axsome had overstated AXS-07's regulatory and commercial prospects; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Axsome during the relevant time frame, you have until July 12, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/05/26/axsm-lawsuit-alert-levi-amp-korsinsky-notifies-axsome-therapeutics-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-05-26T11:09:02Z |
Rep. Cheney says it is ‘it is absolutely clear that what President Trump was doing … was unlawful’
By Daniella Diaz, CNN
Rep. Liz Cheney said Sunday that the House select committee investigating the January 6th insurrection has “not made a decision” on criminal referrals to the Department of Justice, but added it is “absolutely clear that what President Trump was dealing with when a number of people around him were doing that they knew it was unlawful. They did it anyway.”
“I think what we have seen is a massive and well-organized and well-planned effort that used multiple tools to try to overturn an election,” the Wyoming Republican told CNN’s Jake Tapper on “State of the Union.”
Cheney, who serves on the committee, also pushed back on a Sunday New York Times article which said the committee is split on whether to refer Trump for criminal contempt, saying “There’s not really a dispute on the committee.”
“The committee is working in a really collaborative way to discuss these issues as we are with all of the issues we’re addressing and we’ll continue to work together to do so,” she said. “I wouldn’t characterize there being a dispute on the committee. I think it is the single most collaborative committee on which I’ve ever served.”
When asked about the committee’s interview with Trump’s daughter Ivanka Trump, Cheney said “her testimony was helpful,” but did not provide further detail. Ivanka Trump voluntarily met with the committee for close to eight hours last week.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/10/rep-cheney-says-it-is-it-is-absolutely-clear-that-what-president-trump-was-doing-was-unlawful-2/ | 2022-04-10T18:28:30Z |
NEW YORK, April 27, 2022 /PRNewswire/ -- Health Enterprise Partners ("HEP"), a healthcare private equity firm, is pleased to announce that Ezra Mehlman has been recognized as a Top 25 Healthcare Investor for the second year in a row by GrowthCap.
With over 800 investors considered, awardees, were determined based on feedback from portfolio company CEOs, firm colleagues and peers in the industry as well as our own proprietary research. The 2022 awardees represent a diverse set of individuals with backgrounds in medicine, science, and technology in addition to finance and investing. Across growth equity and growth buyouts in addition to emerging growth and venture, what these investors all have in common is demonstrated exceptional performance in the areas of investment selection, value creation, and ESG engagement.
"Capital is the least valuable asset that Ezra and HEP bring to the table; an informed perspective, an effective network and supporting leadership are what Ezra offers to his portfolio companies in spades, which drives accelerated growth," said Jon Elwell, CEO of Kno2.
Ezra is currently on the board of directors of Wildflower Health, Kno2, and Jvion. He previously served on the board of directors of AxiaMed (acquired by Bank of America), Applied Pathways (acquired by AIM Specialty Health, a division of Anthem, Inc), Centerpointe Behavioral Health System (acquired by Acadia Healthcare), InDemand Interpreting (acquired by Stratus Video/AMN Healthcare), and Twistle (acquired by Health Catalyst). He sits on the Harvard School of Public Health's Health Policy and Management Executive Council. He is on the faculty of Columbia Business School.
Ezra joined HEP in 2010, while completing his M.B.A. at Columbia Business School. Prior to joining the team, Ezra was a Senior Analyst at the Advisory Board Company, providing best practice consulting and research services to hospitals and health systems. After leaving the Advisory Board Company, Ezra served as a Senior Consultant in the healthcare practice of Booz Allen Hamilton focusing on engagements in the provider space.
Ezra holds a B.A. cum laude from Washington University in St. Louis, and an M.B.A. from Columbia Business School.
View full list of awardees here: https://growthcapadvisory.com/the-top-25-healthcare-investors-of-2022/
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SOURCE Health Enterprise Partners | https://www.kxii.com/prnewswire/2022/04/27/ezra-mehlman-named-top-healthcare-investor-2022-by-growthcap/ | 2022-04-27T14:54:23Z |
WASHINGTON (AP) — An Ohio man who claimed he was only “following presidential orders” from Donald Trump when he stormed the U.S. Capitol was convicted by a jury that took less than three hours to reject his novel defense for obstructing Congress from certifying Joe Biden’s presidential victory.
The federal jury on Thursday also found Dustin Byron Thompson, 38, guilty of all five of the other charges in his indictment, including stealing a coat rack from an office inside the Capitol during the riot on Jan. 6, 2021. The maximum sentence for the obstruction count, the lone felony, would be 20 years imprisonment.
Jurors didn’t buy Thompson’s defense, in which he blamed Trump and members of the president’s inner circlefor the insurrection and for his own actions.
One juror who spoke to reporters only on condition of anonymity said, “Donald Trump wasn’t on trial in this case.”
The juror, a 40-year-old man, said as he left the courthouse, “Everyone agrees that Donald Trump is culpable as an overall narrative. Lots of people were there and then went home. Dustin Thompson did not.”
Thompson himself, testifying a day earlier, admitted he joined the mob’s attack and stole the coat rack and a bottle of bourbon. He said he regretted his “disgraceful” behavior.
“I can’t believe the things that I did,” he said. “Mob mentality and group think is very real and very dangerous.”
Still, he said he believed Trump’s false claim that the election was stolen and was trying to stand up for him.
“If the president is giving you almost an order to do something, I felt obligated to do that,” he said.
U.S. District Judge Reggie Walton, who is scheduled to sentence Thompson on July 20, described the defendant’s testimony as “totally disingenuous” and his conduct on Jan. 6 as “reprehensible.” The judge also cast blame in Trump’s direction after the verdict was announced.
“I think our democracy is in trouble,” he said, adding that “charlatans” like Trump don’t care about democracy, only about power.
“And as a result of that, it’s tearing our country apart,” the judge said.
Prosecutors did not ask for Thompson to be detained immediately, but Walton ordered him held and he was led away handcuffed. The judge said he believed Thompson was a flight risk and posed a danger to the public.
Thompson’s trial was the third to go before a jury among hundreds of Capitol riot cases prosecuted by the Justice Department. In the first two cases, jurors also convicted the defendants of all charges.
Assistant U.S. Attorney William Dreher said that Thompson, a college-educated exterminator who lost his job during the COVID-19 pandemic, knew he was breaking the law when he joined the mob that attacked the Capitol and, in his case, looted the Senate parliamentarian’s office. The prosecutor told jurors that Thompson’s lawyer “wants you to think you have to choose between President Trump and his client.”
“You don’t have to choose because this is not President Trump’s trial. This is the trial for Dustin Thompson because of what he did at the Capitol on the afternoon on Jan. 6,” Dreher told jurors during his closing arguments.
Defense attorney Samuel Shamansky said Thompson hasn’t avoided taking responsibility for his conduct that day.
“This shameful chapter in our history is all on TV,” Shamansky told jurors.
But he said Thompson, unemployed and consumed by a steady diet of conspiracy theories, was vulnerable to Trump’s lies about a stolen election. He described Thompson as a “pawn” and Trump as a “gangster” who abused his power to manipulate supporters.
“The vulnerable are seduced by the strong, and that’s what happened here,” Shamansky said.
The judge had barred Thompson’s lawyer from calling Trump and ally Rudolph Giuliani as trial witnesses. But he ruled that jurors could hear recordings of speeches that Trump and Giuliani delivered on Jan. 6, before the riot erupted. A recording of Trump’s remarks was played.
Shamansky contended that Giuliani, the Trump adviser and former New York City major, incited rioters by encouraging them to engage in “trial by combat” and that Trump provoked the mob by saying, “If you don’t fight like hell, you’re not going to have a country anymore.”
But prosecutor Dreher told jurors that neither Trump nor Giuliani had the authority to “make legal” what Thompson did at the Capitol.
The juror who spoke on condition of anonymity said he was “laughing under my breath” when Thompson testified he took the coat rack to prevent other rioters from using it as a weapon against police.
Thompson was charged and convicted on six counts: obstructing Congress’ joint session to certify the Electoral College vote, theft of government property, entering or remaining in a restricted building or grounds, disorderly or disruptive conduct in a restricted building or grounds, disorderly or disruptive conduct in a Capitol building and parading, demonstrating or picketing in a Capitol building.
He had driven from Ohio to Washington with a friend, Robert Lyon, who also was arrested less than a month after the riot. Lyon pleaded guilty in March to two misdemeanors — theft of government property and disorderly conduct — and is to be sentenced June 3.
Thompson and Lyon took an Uber ride into Washington on the morning of Jan. 6. After Trump’s rally and speech near the White House, they headed to the Capitol.
Thompson was wearing a bulletproof vest when he entered the building and went to the parliamentarian’s office, The FBI said agents later searched Lyon’s cellphone and found a video that showed a ransacked office and Thompson yelling: “Wooooo! ’Merica Hey! This is our house!”
“(Trump) didn’t force you to go. He didn’t force you to walk every step of the way to the Capitol building, did he?” Dreher asked Thompson on Wednesday.
“No,” Thompson said.
“You chose to do that?” Dreher asked.
“I was following presidential orders, but yes,” Thompson said.
More than 770 people have been charged with federal crimes arising from the riot. Over 250 of them have pleaded guilty, mostly to misdemeanors. Thompson is the fifth person to be tried on riot-related charges.
On Monday, a jury convicted a former Virginia police officer, Thomas Robertson, of storming the Capitol with another off-duty officer. Last month, a jury convicted a Texas man, Guy Reffitt, of storming the building with a holstered handgun.
A judge hearing testimony without a jury decided cases against two other Capitol riot defendants at separate bench trials. U.S. District Judge Trevor McFadden acquitted one of them of all charges and partially acquitted the other.
___
Associated Press reporter Jacques Billeaud contributed from Phoenix. | https://cw33.com/news/politics/ap-politics/man-blaming-trumps-orders-for-riot-actions-awaits-verdict/ | 2022-04-15T07:37:17Z |
SALT LAKE CITY, Sept. 7, 2022 /PRNewswire/ -- Joyce University of Nursing and Health Sciences, formerly known as Ameritech College, recently launched its Associate of Science in Respiratory Care program. The new flexible degree blends online instruction with in-person skills training to help students earn ASRC, while balancing school life with other priorities.
According to the Bureau of Labor Statistics, employment of respiratory therapists is projected to grow 23 percent from 2020 to 2030, much faster than the average for all occupations. The COVID-19 pandemic, along with an aging workforce, has dramatically increased the need for therapists.
"We're excited to introduce Respiratory Care to the Joyce University community." said Sherry Jones, president of Joyce University. "Our faculty has designed a flexible career-focused program that ensures graduates will be prepared to enter the workforce as respiratory therapists. This is a fantastic opportunity for anyone interested in entering the cardiopulmonary health industry."
The program requires no prerequisites and consists of 82-semester credit hours within 6 semesters. Graduates will be prepared to pass credentialing exams to obtain their credentials as Certified and Registered Respiratory Therapists. The program is seeking provisional accreditation from the Commission on Accreditation for Respiratory Care (CoARC).
For more information about Joyce University and its innovative healthcare programs, please visit joyce.edu.
Joyce University of Nursing and Health Sciences, formerly known as Ameritech College of Healthcare, is one of the top-rated nursing schools in Utah. Founded in 1979, Joyce University's mission is to prepare students to serve as competent professionals, to advance their careers, and to pursue lifelong learning. Located in Draper, Utah, Joyce University is proud to have helped thousands of students graduate and launch lasting healthcare careers.
Media Contact:
media@joyce.edu
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SOURCE Joyce University of Nursing and Health Sciences | https://www.mysuncoast.com/prnewswire/2022/09/07/joyce-university-nursing-health-sciences-launches-new-associate-science-respiratory-care/ | 2022-09-07T16:31:21Z |
Severe weather is being blamed for a parasailing accident that claimed the life of an Illinois woman and injured two children in the Florida Keys on Memorial Day, according to the Florida Fish and Wildlife Conservation Commission (FWC).
The incident occurred on Monday near Pigeon Key in Monroe County, Florida.
In an initial report, officials with FWC said after the boat arrived at the desired location, the captain and mate conducted a three-seater parasail flight which included the three victims.
The flight was initially conducted north of the Seven Mile Bridge. Shortly after putting the three individuals in flight, a strong gust of wind "pegged" the parasail, meaning weather was then controlling the sail and potentially impeding the safe operation of the boat, according to the report. With the parasail pegged, the captain cut the line tethered to the three individuals, the report stated.
The three dropped from an unknown height and were dragged through the water by the inflated parasail. Officials said the chute continued to drag the victims through and across the water's surface until the parasail collided with the old 7-Mile Bridge, west of Pigeon Key.
The woman, who officials identified as Supraja Alaparthi, 33, was pronounced dead on the scene. Alaparthi's 10-year-old son suffered minimal injuries, however, her nephew, 9, was rushed to a Miami hospital for additional treatment, the report stated.
The accident is currently under investigation by the FWC and the US Coast Guard.
The first of 10 weeks of summer camp kicked off this week at Chehaw Park & Zoo. The camp features learning activities, water play and visits to the animals in the zoo. Click for more.
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Biden announces nearly $3B in new military aid for Ukraine
WASHINGTON (AP) — Six months after Russia’s invasion of Ukraine, President Joe Biden announced Wednesday that he is sending $2.98 billion in new military aid to Ukraine that will enable forces there to fight for years to come.
In a statement, Biden said the aid will allow Ukraine to acquire air defense systems, artillery systems and munitions, drones and other equipment “to ensure it can continue to defend itself over the long term.”
The announcement comes as Ukraine is celebrating its 1991 declaration of independence from the Soviet Union.
“I know this independence day is bittersweet for many Ukrainians as thousands have been killed or wounded, millions have been displaced from their homes, and so many others have fallen victim to Russian atrocities and attacks,” Biden said. “But six months of relentless attacks have only strengthened Ukrainians’ pride in themselves, in their country, and in their thirty-one years of independence.”
The aid package is being provided under the Ukraine Security Assistance Initiative. Officials said it will include money for the small, hand-launched Puma drones, the longer-endurance Scan Eagle surveillance drones, which are launched by catapult, and, for the first time, the British Vampire drone system, which can be launched off ships. Several officials spoke on the condition of anonymity to discuss the aid before its public release.
As Russia’s war on Ukraine drags on, U.S. security assistance is shifting to a longer-term campaign that also will likely keep more American military troops in Europe into the future, U.S. officials said.
Unlike most previous packages, the new funding is largely aimed at helping Ukraine secure its medium- to long-term defense posture, according to officials familiar with the matter. Earlier shipments, most of them done under presidential drawdown authority, have focused on Ukraine’s more immediate needs for weapons and ammunition and involved materiel that the Pentagon already has in stock that can be shipped in short order.
Besides providing longer-term assistance that Ukraine can use for potential future defense needs, the new package is intended to reassure Ukrainian officials that the United States intends to keep up its support, regardless of the day-to-day back and forth of the conflict.
“The United States of America is committed to supporting the people of Ukraine as they continue the fight to defend their sovereignty,” Biden said.
NATO Secretary-General Jens Stoltenberg noted the more extended focus Tuesday as he reaffirmed the alliance’s support for the conflict-torn country.
“Winter is coming, and it will be hard, and what we see now is a grinding war of attrition. This is a battle of wills, and a battle of logistics. Therefore we must sustain our support for Ukraine for the long term, so that Ukraine prevails as a sovereign, independent nation,” Stoltenberg said, speaking at a virtual conference about Crimea, organized by Ukraine.
Six months after Russia invaded, the war has slowed to a grind, as both sides trade combat strikes and small advances in the east and south. Both sides have seen thousands of troops killed and injured, as Russia’s bombardment of cities has killed countless innocent civilians.
There are fears that Russia will intensify attacks on civilian infrastructure and government facilities in the coming days because of the holiday celebrating Ukraine’s 1991 declaration of independence from the Soviet Union and the day marking six months since the invasion.
On Monday, the U.S. Embassy in Ukraine and the State Department issued a new security alert for Ukraine that repeated a call for Americans in the country to leave due to the danger.
“Given Russia’s track record in Ukraine, we are concerned about the continued threat that Russian strikes pose to civilians and civilian infrastructure,” it said.
Other NATO allies are also marking the independence day with new aid announcements.
German Chancellor Olaf Scholz said his country is providing more than 500 million euros (nearly $500 million) in aid, including powerful anti-aircraft systems. The aid will include rocket launchers, ammunition, anti-drone equipment, a dozen armored recovery vehicles and and three additional IRIS-T long-range air defense systems, the German news agency dpa reported.
The funding must still be approved by parliament, and some of it won’t be delivered until next year.
And Canada’s Prime Minister Justin Trudeau announced $3.85 million for two Ukraine projects through the Peace and Stabilization Operations Program. It includes about $2.9 million in funding for ongoing development of Ukraine’s national police force and other emergency services, and about $950,000 to help advise Ukraine’s defense ministry.
To date, the U.S. has provided about $13.6 billion in military aid to Ukraine since the beginning of the Biden administration, including 19 packages of weapons taken directly from Defense Department stocks since August 2021.
U.S. defense leaders are also eyeing plans that will expand training for Ukrainian troops outside their country, and for militaries on Europe’s eastern and southern flanks that feel most threatened by Russia’s aggression.
___
Associated Press writer Lorne Cook in Brussels contributed to this report.
___
Follow AP’s coverage of Russia’s war in Ukraine at https://apnews.com/hub/russia-ukraine.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/24/us-giving-ukraine-3-billion-military-aid-years-ahead/ | 2022-08-24T12:13:37Z |
New hire's extensive industry experience in platform development and customer strategy will accelerate business success for fast-growing cannabis tech leader
WILMINGTON, Del., July 19, 2022 /PRNewswire/ -- TrueGreen, a leading technology solution for the cannabis industry, announced today the appointment of Elizabeth Pecikonis as Director of Platform.
Pecikonis joins TrueGreen from LeafLogix, a Dutchie Company, where she was responsible for leading development and enhancement efforts for the Leaflogix POS and all client training and support. She has extensive experience in product management and business analysis, having successfully designed and implemented process improvement technology solutions in cannabis, health care and government.
Pecikonis' appointment follows several recent executive additions at TrueGreen including industry veteran Katherine Lagow as company president. Pecikonis will work closely with Lagow and Chief Operating Officer Mark Donovan to enhance and deliver the company's industry-leading efficiency and engagement technology platform for the cannabis industry.
"Elizabeth brings a rare combination of customer insight, technical expertise and both government regulatory and commercial experience that will further accelerate growth and delivery of our transformational TrueGreen platform for brands, dispensaries and consumers," said Chris Quinlan, founder and CEO of TrueGreen.
"I'm excited to be joining TrueGreen at such a pivotal time in the company's expansion as we scale our technology solutions for a cannabis industry eager for new platforms that harness the power of data more effectively – making their businesses more efficient and profitable," said Pecikonis.
At Leaflogix, Pecikonis led the oversight and management of the LeafLogix Register including design, development, and quality assurance teams. She spearheaded development of new features including competitive analytics and state regulations and partnered closely with the user experience teams. Earlier in her career she was lead business analyst and project manager in the Ohio Department of Commerce's Medical Marijuana Control Program. She is a graduate of Ohio University.
This appointment supports TrueGreen's strategic growth initiative, expanding its alignment with industry and global experts and partners, as the organization works tirelessly towards its goal to provide technology solutions to enhance and transform the cannabis space.
For more on Elizabeth Pecikonis go to Elizabeth Pecikonis | LinkedIn
Contact:
Marc Sampogna
+1-646-767-6576
marc@truegreenglobal.com
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SOURCE TrueGreen | https://www.mysuncoast.com/prnewswire/2022/07/19/truegreen-bolsters-leadership-team-with-appointment-elizabeth-pecikonis-key-product-role/ | 2022-07-19T13:40:09Z |
PARSIPPANY, N.J., Sept. 2, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE: PBF) today announced that members of its management team will participate in the Barclays Energy-Power Conference on September 7, 2022 and the Wells Fargo Leveraged Finance Conference on September 8, 2022.
PBF Energy Inc. (NYSE: PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. Our mission is to operate our facilities in a safe, reliable and environmentally responsible manner, provide employees with a safe and rewarding workplace, become a positive influence in the communities where we do business, and provide superior returns to our investors.
PBF Energy Inc. also currently indirectly owns the general partner and approximately 48% of the limited partnership interest of PBF Logistics LP (NYSE: PBFX).
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SOURCE PBF Energy Inc. | https://www.mysuncoast.com/prnewswire/2022/09/02/pbf-energy-participate-industry-conferences/ | 2022-09-02T22:12:27Z |
Acquisition brings Rosie's e-commerce platform and team of experts to Instacart, giving local independent grocers access to a broader range of technology and fulfillment capabilities to grow their businesses
SAN FRANCISCO, Sept. 7, 2022 /PRNewswire/ -- Instacart, the leading grocery technology company in North America, today announced it has acquired Rosie, the premier e-commerce platform for local and independent retailers and wholesalers. With this acquisition, Instacart is deepening its commitment to serving local and independent grocers and expanding its Instacart Platform e-commerce offerings.
Founded in Ithaca, NY in 2013, the Rosie team has spent nearly a decade building relationships and supporting local and independent retailers like Rosauers Supermarkets, Lee's Marketplace, Niemann Foods, Inc., and Geissler's Supermarkets across more than 40 states. Rosie offers independent grocers affordable and easy-to-use branded e-commerce websites and mobile app capabilities that power order flow, fulfillment, and customer insights. Rosie's product features include shoppable weekly ads, store loyalty and rewards programs integrations, third-party fulfillment logistics integrations, payment processing and more – all developed for local and independent grocers. Rosie's turnkey e-commerce solutions get grocers online quickly and efficiently, helping customers easily find and discover local stores.
With the acquisition of Rosie, Instacart is introducing new e-commerce solutions built specifically for local and independent retailers that complement the company's existing Instacart Platform offerings. Through the Instacart Platform, Instacart is further enabling grocers to chart their own digital transformation through a suite of enterprise-grade technologies. With Instacart Platform, Instacart gives retailers access to the solutions behind Instacart's consumer marketplace, helping retailers like Schnucks, Tops Friendly Markets, and The Fresh Market create new online and in-store solutions that enhance the customer experience and help their businesses grow.
"Our focus is on creating technology solutions that are tailor-made to meet the online and in-store needs of all grocers - whether they're national chains or independently-owned and operated," said Chris Rogers, Chief Business Officer at Instacart. "Local and independent grocers are so important to the grocery ecosystem. They have loyal customers, create meaningful job opportunities and serve as cornerstones of their communities. The Rosie team understands these grocers better than anyone, and that's why we're proud to welcome them to Instacart. Together, we'll build more technologies that help independent grocers accelerate their pace of innovation so they can continue to compete, grow, and serve their customers however they choose to shop."
Adding Rosie's offerings to the Instacart Platform gives more retailers access to tools and technologies that can lead to growth in their businesses and deeper engagement with their customers – all while retaining their unique store experience and brand identity. Through this acquisition, Rosie customers will have the opportunity to utilize Instacart's in-store offerings like Foodstorm's order management system and Caper's smart cart and checkout technology, the Instacart shopper network to help support new picking and fulfillment options, Carrot Ads and loyalty programs to increase customer engagement and affordability, and more.
"For nearly a decade, our team has lived, breathed, and devoted ourselves to the success of local independent grocers and I couldn't be more proud of what we've accomplished together," said Nick Nickitas, Founder and CEO of Rosie. "Instacart's mission of powering the future of grocery is closely aligned with our own, and I'm confident that combining our teams and technologies is the way to best continue serving these important retailers. Together, we will continue to innovate and build easy to use and affordable digital solutions that help our retailer, wholesaler, and brand partners thrive and better meet the needs of their customers."
"For nearly 90 years, Rosauers has served communities throughout the Pacific Northwest and we strive to give our guests as many avenues to shop our stores as possible," said Cliff Rigsbee, President and CEO of Rosauers. "With the help of Rosie, we have an award-winning in-store experience and a highly customized branded online shopping experience that enables everything from EBT-SNAP payment processing to digital merchandising. Instacart and Rosie together will be a winning combination for our business and customers."
"As a local grocer our roots began with delivering groceries almost 100 years ago. Now, in our 4th generation of family ownership, we continue that same tradition through our partnership with Rosie. Helping our communities grow, and nourishing them with the best in local and fresh products, wouldn't be possible without the robust platform Rosie provides," said Robert Rybick, President and CEO of Geissler's Supermarket. "We have always pushed Rosie to meet or exceed our in-store experience online, and with a combined Rosie and Instacart we are excited for the new possibilities that will further allow us to bring the best local and fresh products to our customers and communities."
Jason Sokol, Vice President of Marketing at Associated Foods Stores shared, "For over 8 years, I've experienced all that Rosie has to offer, from shopping on the platform and promoting it as a marketer, to operating it as a retailer and recommending it to other independent stores as a wholesaler. I'm excited about the possibilities that Instacart and Rosie can deliver together - their combined software platforms, extensive support capabilities, and deep relationships will help all independently-owned retailers across the country compete and win."
Moving forward, the Rosie team will lead Instacart's business strategy and technology development for local independent grocers, as Instacart continues to build best-in-class e-commerce and fulfillment solutions for this critical segment of the grocery industry.
Instacart, the leading grocery technology company in North America, works with grocers and retailers to transform how people shop. The company partners with more than 900 national, regional, and local retail brands to facilitate online shopping, delivery and pickup services from more than 75,000 stores across more than 13,000 cities in North America on the Instacart Marketplace. Instacart makes it possible for millions of busy people and families to get the groceries they need from the retailers they love, and for more than 600,000 Instacart shoppers to earn by picking, packing and delivering orders for customers on their own flexible schedule. The Instacart Platform offers retailers a suite of enterprise-grade technology products and services to power their e-commerce experiences, fulfill orders, digitize brick-and-mortar stores, provide advertising services, and glean insights. With Instacart Ads, thousands of CPG brands – from category leaders to emerging brands – partner with the company to connect directly with consumers online, right at the point of purchase. For more information, visit www.instacart.com/company, and to start shopping, visit www.instacart.com. For anyone interested in becoming an Instacart shopper, visit https://shoppers.instacart.com/.
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SOURCE Instacart | https://www.kxii.com/prnewswire/2022/09/07/instacart-doubles-down-its-technology-solutions-independently-owned-locally-operated-grocers-with-acquisition-rosie/ | 2022-09-07T14:54:21Z |
FALLS CHURCH, Va. — Fairfax County officials have rebuffed a request from Virginia Gov. Glenn Youngkin to establish a security perimeter around the neighborhoods of U.S. Supreme Court justices living in the county after some have faced protests outside their homes.
Youngkin, a Republican, made the request Wednesday in a letter to the county board of supervisors. “I fundamentally believe such demonstrations and picketing should not be allowed at the Justice’s (sic) homes as they are meant to intimidate and influence the Justices,” he wrote.
Three Supreme Court justices — Samuel Alito, Amy Coney Barrett and Clarence Thomas — live in the county. Justices living in and outside the county have been confronted with protests outside their homes since a draft of Alito’s opinion that would overturn the Roe v. Wade abortion-rights decision was leaked.
Fairfax County Board of Supervisors Chairman Jeff McKay said Youngkin’s request for a security perimeter is unnecessary and improper. He said establishing a perimeter would amount to creating an unconstitutional neighborhood “checkpoint” that would infringe on First Amendment protest rights. He also noted that protests that have occurred outside Alito’s home in the Fort Hunt neighborhood have been peaceful.
“We will enforce laws that serve to protect persons and property,” McKay wrote. “Our officers are equally committed to protecting the First Amendment guarantees afforded to those who gather to exercise their freedom of speech.”
Fairfax County Police, for their part, said through a spokeswoman that they’re providing extra staffing in response to reports of planned protests “to maintain the safety and security of the public, while ensuring First Amendment rights are protected.”
Youngkin also joined Maryland GOP Gov. Larry Hogan in calling on federal law enforcement entities to “take the lead and provide sustained resources” to protect the justices and ensure the neighborhoods are secure in the weeks and months ahead.
In a letter addressed to U.S. Attorney General Merrick Garland, the governors called on the Department of Justice to enforce a federal law that prohibits “pickets or parades” with the intent to influence a judge.
Separately, 25 Republican attorneys general wrote to Garland, citing the same law and urging him to prevent protesters “from attempting to intimidate” the justices.
Justice Department spokesman Anthony Coley said in a statement Wednesday that Garland continues to be briefed on security matters related to the Supreme Court and justices. He noted that Garland had directed the U.S. Marshals Service to help support the Marshal of the Supreme Court and Supreme Court Police. | https://www.tdtnews.com/news/article_3c1000da-d245-11ec-8fd9-2b126dc1e8f2.html | 2022-05-13T05:20:53Z |
ANDOVER, Mass., June 22, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna" or the "Company") today announced that it will issue its financial results for its fiscal second quarter ended May 31, 2022 on Thursday, July 7, 2022, before the financial markets open. Management will conduct a conference call that day at 9:00 am ET to review these results.
Interested parties may listen to the call by dialing (301) 715-8592 or (312) 626-6799 or may register for the webcast of the call at https://audience.mysequire.com/webinar-view?webinar_id=e582b54f-1e21-457d-a2d9-9575ab6f87b5 . The question-and-answer portion of the call will be open to industry research analysts. If you are unable to listen live, you may register at the above link to listen to the webcast after the call. The conference call webcast will be archived on Byrna Technologies' website for thirty days.
About Byrna Technologies Inc.
Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. For more information on the Company, please visit the corporate website or the Company's investor relations site. The Company is the manufacturer of the Byrna® HD personal security device, a state of the art handheld CO2 powered launcher designed to provide a non-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products visit the Company's e-commerce store.
Contact:
Byrna Technologies, Inc.
David North, Chief Financial Officer
978-269-7785
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Second Quarter 2022 Highlights
(Comparisons are year-over-year ("YoY"), unless otherwise noted)
- Sales of $966 million, an increase of 12% primarily driven by previously announced inflation-related pricing actions
- Net earnings of $126.2 million, an increase of 7%
- Earnings per share ("EPS") of $0.81, an increase of 11%
- Adjusted earnings of $128.5 million, which exclude pre-tax non-operating pension expense of $3.0 million, resulting in adjusted EPS of $0.82
- Reaffirm 2022 EPS guidance of $1.56 to $1.76 and adjusted EPS guidance of $3.35 to $3.55
MILWAUKEE, July 28, 2022 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) today announced its second quarter 2022 results.
Key Financial Metrics
Second Quarter
(in millions, except per share amounts)
"I am very pleased with the performance of our global teams in navigating the current operating environment. Our global A. O. Smith team delivered strong second quarter results, driven by a 12% increase in sales and an 11% increase in EPS compared with 2021," noted Kevin J. Wheeler, chairman and chief executive officer. "We achieved strong sales growth from 2021 price increases implemented in response to higher material and logistics costs that were partially offset by lower residential water heater volumes in North America and impacts of expected consumer demand headwinds in China. Our commercial water heating business performed well with volumes improving sequentially in the first half of 2022 and compared to 2021 and our boiler backlog remains high."
Segment-level Performance
North America
Second Quarter 2022
Record second quarter sales of $744.1 million increased 23% year-over-year driven primarily by pricing actions taken in 2021, largely on water heaters, to offset higher steel, transportation and other input costs. The quarter also benefited from higher volumes of water treatment products, boilers and commercial water heaters. The sales increases were partially offset by the impacts of lower residential water heater volumes. Giant Factories (Giant), a Canadian water heater company that the Company acquired in October 2021, added $31 million to sales in the quarter.
Segment earnings were $159.9 million and adjusted segment earnings were $162.5 million in the second quarter of 2022. Adjusted segment earnings, which exclude $2.6 million of non-operating pension expenses, increased 17% compared with adjusted segment earnings in the second quarter of 2021. The positive impact to earnings from inflation-related 2021 price increases was partially offset by higher material and logistics costs and lower residential water heater volumes. Adjusted segment operating margin of 21.8% declined compared with 23.0% in the second quarter of 2021, primarily due to an overall increase in costs, including production inefficiencies, outpacing the pricing actions.
Rest of World
Second Quarter 2022
Rest of World sales of $229.9 million decreased 13% year-over-year, including an unfavorable currency translation impact on China sales of approximately $5 million. The decrease in sales in the second quarter of 2022 was driven by lower consumer demand in China due to COVID-19-related lockdowns. China sales improved sequentially in the quarter as COVID-19-related restrictions eased. Sales in India increased 79% in the second quarter of 2022 on strong demand, compared to last year, which was negatively impacted by the pandemic.
Segment earnings of $18.1 million decreased 19% compared with the second quarter of 2021. In China, the impact of lower volumes was partially offset by lower selling, advertising and engineering costs. Segment operating margin of 7.9% declined 60 basis points compared with the second quarter of 2021. The decline in earnings was due primarily to COVID-19-related lockdowns in China.
Balance Sheet, Liquidity and Capital Allocation
As of June 30, 2022, cash and marketable securities balances totaled $459.4 million with total debt of $298.4 million, resulting in a leverage ratio of 14.3% as measured by total debt-to-total capitalization.
Cash provided by operations of $54.4 million and free cash flow of $23.7 million in the first six months of 2022 decreased year-over-year. Cash provided by higher earnings in the first half of 2022 compared with the prior year was more than offset by lower customer deposits in China, higher incentive payments in 2022 due to record 2021 sales and earnings and additional working capital cash outlays for higher levels of safety stock on higher cost inventory.
As part of its commitment to return capital to shareholders, the Company repurchased 2,868,500 shares at a cost of $190.4 million in the first six months of 2022. As of the end of June, authority remained to repurchase an additional approximately 4.2 million shares. The Company expects to spend $400 million to repurchase shares in 2022.
On July 11, 2022, the Company's board of directors approved a $0.28 per share dividend for shareholders of record on July 29, payable on August 15. For full release, click here.
Pension Plan Termination
As the Company announced earlier this year, to de-risk its liability associated with its fully funded pension plan, the Company's board of directors approved the termination of the Company's largest defined benefit pension plan ("the Plan"), which represents over 95% of the Company's pension liability, with a termination date of December 31, 2021. The Company has received a determination letter from the IRS allowing the Company to proceed with the termination of the Plan. The Plan was previously sunset for benefits earned on December 31, 2014. In 2022, the Company expects to annuitize the Plan's remaining pension liability. The Plan settlement, which is expected to occur in the fourth quarter of 2022, will accelerate the recognition of approximately $445 million, or EPS of approximately $1.73, of non-cash, pre-tax pension expenses. In addition, to protect the Plan's funded status, the Plan transferred its assets to lower risk investments in 2021. The impact of this transition will result in a lower rate of return on pension investments and accordingly, higher pension expenses in 2022, compared with previous years. The Company recognized $3.0 million of non-operating pension expenses in the second quarter of 2022 compared with $3.1 million of pension income in the second quarter of 2021.
Outlook
2022 Outlook
(in millions except per share amounts)
"Due to volume headwinds in the water heating business, we have lowered our sales outlook for 2022 to an increase between 12 percent and 14 percent year-over-year, including $100 million from Giant. The decrease in our sales outlook is offset by an expected improved price cost relationship across our North America segment through the remainder of 2022 and we reaffirm our full year 2022 EPS outlook of between $1.56 and $1.76 and adjusted EPS outlook of between $3.35 and $3.55, an increase of 17% at the mid-point," stated Wheeler. "We believe our strong balance sheet and expected free cash flow provide us the liquidity that gives us flexibility in times of economic uncertainty and allows us to focus on our capital allocation priorities."
The Company's guidance excludes the potential impacts from future acquisitions and assumes the COVID-19-related shutdowns in China remain at current levels throughout the rest of the year and do not significantly impact our operations or our employees, customers or suppliers.
A. O. Smith will host a webcasted conference call at 10:00 a.m. (Eastern Daylight Time) today. The call can be heard live on the Company's website click here. An audio replay of the call will be available on the Company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the Second Quarter 2022 Earnings Call link.
To provide improved transparency into the operating results of its business, the Company is providing non-GAAP measures. Free cash flow is defined as cash provided by operations less capital expenditures. Adjusted earnings, adjusted EPS, adjusted segment earnings and adjusted corporate expenses exclude the impact of pension settlement expenses and non-operating pension income and expenses which are discussed earlier in this release. Reconciliations from GAAP measures to non-GAAP measures are provided in the financial information included in this news release.
Forward-looking Statements
This release contains statements that the Company believes are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "forecast," "continue," "guidance", "outlook" or words of similar meaning. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated as of the date of this release. Important factors that could cause actual results to differ materially from these expectations include, among other things, the following: the Company's ability to continue to obtain commodities, components, parts and accessories on a timely basis through its supply chain and at expected costs; negative impacts to demand for the Company's products, particularly commercial products, and to its operations and workforce as a result of the severity and duration of the COVID-19 pandemic; inability of the Company to implement or maintain pricing actions; an uneven recovery of the Chinese economy or decline in the growth rate of consumer spending or housing sales in China; negative impact to the Company's business in China as a result of future COVID-19 related shutdowns there; negative impact to the Company's businesses from international tariffs, trade disputes and geopolitical differences, including the conflict in Ukraine; potential weakening in the high-efficiency boiler segment in the U.S.; substantial defaults in payment by, material reduction in purchases by or the loss, bankruptcy or insolvency of a major customer; a weakening in U.S. residential or commercial construction or instability in the Company's replacement markets; foreign currency fluctuations; the Company's inability to successfully integrate or achieve its strategic objectives resulting from acquisitions; competitive pressures on the Company's businesses; the impact of potential information technology or data security breaches; changes in government regulations or regulatory requirements; and adverse developments in general economic, political and business conditions in key regions of the world. Forward-looking statements included in this news release are made only as of the date of this release, and the Company is under no obligation to update these statements to reflect subsequent events or circumstances. All subsequent written and oral forward-looking statements attributed to the Company, or persons acting on its behalf, are qualified entirely by these cautionary statements.
About A. O. Smith
A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE: AOS), the Company is one of the world's leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products. For more information, visit www.aosmith.com.
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SOURCE A. O. Smith Corporation | https://www.wibw.com/prnewswire/2022/07/28/o-smith-reports-strong-second-quarter-performance/ | 2022-07-28T11:33:59Z |
Spirit Continues to Unanimously Recommend Stockholders to Vote FOR the Merger
on the WHITE Proxy Card
ISS Focus on JetBlue Reverse Termination Fee Proposal Fails to Adequately Weigh the Lengthy Timetable
and Elevated Business Disruption Risk of JetBlue Transaction
ISS Also Acknowledges "Robust Strategic Rationale" of Frontier-Spirit Transaction and
"Easier Glide Path to Obtain Regulatory Approval"
ISS Points Out the "Defensive" and "Opportunistic" Nature of JetBlue Proposal and Recommends
Spirit Stockholders DO NOT VOTE on JetBlue Proxy Card
MIRAMAR, Fla., May 31, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today commented on a report from Institutional Shareholder Services ("ISS") regarding the Company's definitive merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc.
"We disagree with ISS' recommendation against the Frontier-Spirit merger, which we continue to believe is in the best interest of Spirit stockholders. ISS appears overfocused on the absence of a reverse termination fee in that deal, and we have consistently maintained (as ISS also acknowledges) that the JetBlue proposal carries significantly greater regulatory obstacles, and JetBlue absolutely should pay Spirit stockholders more to compensate for that risk," said Ted Christie, President and CEO of Spirit. "During the extensive discussions held between Spirit and JetBlue, JetBlue admitted that a lawsuit from DOJ seeking to block a merger with Spirit was a 100% certainty; therefore, JetBlue would have to prevail in or settle DOJ litigation in order to consummate the deal. Moreover, ISS did not recognize the elevated business disruption that Spirit would face from a lengthy review and litigation process ultimately resulting from a failed transaction with JetBlue after 18-24 months, nor did it adequately weigh the loss of substantial value Spirit stockholders otherwise would have received in a merger between Spirit and Frontier. We continue to believe the reverse termination fee is a moot point because there is nothing stopping JetBlue from walking away after achieving their goal of disrupting the Spirit-Frontier combination.
"Further, we disagree with ISS' characterization that stockholders can reinvest the cash proceeds from a JetBlue transaction to maintain exposure to the airline industry recovery. Spirit stockholders would not receive $30 of cash per share for up to two years, if ever, during which time the airline industry recovery may have delivered value for stockholders that far exceeds JetBlue's capped, inadequate and highly opportunistic offer. In contrast, the Frontier combination presents a compelling value creation opportunity due to the combination of cash and stock consideration, which gives our stockholders the chance to participate in the upside of the post-pandemic recovery in the airline industry upon close and benefit from up to $500 million in annual run-rate operating synergies.
"ISS also recommends Spirit stockholders do not vote JetBlue's proxy card, indicating ISS still sees a potential path forward for Spirit to merge with Frontier. Overall, we ask our stockholders not to be distracted by JetBlue's highly conditional tender offer, and our Board continues to unanimously recommend that Spirit stockholders vote FOR the merger proposal with Frontier," said Christie.
ISS Acknowledges that Frontier Transaction Has "Robust Strategic Rationale" and
"Easier Glide Path to Obtain Regulatory Approval"; Calls JetBlue Offer "Defensive" and Opportunistic"
In its report, ISS highlights:
- "The Frontier offer does have a sound strategic rationale, as the combined company will be the fifth largest U.S. airline and largest ultra-low cost carrier, and the equity component of the merger consideration would allow shareholders to participate in the potential upside of the combined company."
- "Spirit's argument that the proposed transaction with Frontier has an easier glide path to obtain regulatory approval than JetBlue's proposed transaction does appear reasonable. While a transaction with Frontier does eliminate the largest ULCC competitor to Frontier, it would create an overall larger ULCC with a more robust nationwide network."
- "JetBlue's proposal arguably faces more complex regulatory headwinds, particularly given the ongoing DOJ lawsuit against the NEA."
- "JetBlue's proposal would likewise remove the largest ULCC from the market, whose planes would be retrofitted to JetBlue standards, resulting in less seats per plane and therefore removing capacity from the market; JetBlue fares are also typically higher than Spirit's."
- "[JetBlue's offer] is clearly a defensive offer that may also prove to be opportunistic, given that Spirit traded above $33.00 for a sustained period in 2021."
- "The board's view that more patient shareholders would reap greater benefits by staying invested in a combined Frontier/Spirit could prove out over time, as there is robust strategic rationale for the proposed merger."
- "Investors reacted positively to the merger announcement with Frontier, driving the SAVE share price up by 17.2 percent to close at $25.46 per share, compared to a 2.8 percent rise in the US Global Jets Index and a 0.3 percent decline in the Russell 3000 Index on the same day."
Merger Agreement with Frontier
As previously announced, Spirit Airlines, Inc. entered into a merger agreement with Frontier Group Holdings, Inc. on February 5, 2022. The merger is expected to close in the second half of 2022, subject to satisfaction of customary closing conditions, including completion of the regulatory review process and approval by Spirit stockholders. The Spirit Board of Directors unanimously recommends that stockholders vote FOR all proposals relating to the transaction with Frontier.
Your Vote Is Important
The Spirit Board of Directors strongly recommends you vote "FOR" the merger on the WHITE proxy card today. For more information on how to vote for the merger, please call the Company's proxy solicitor, Okapi Partners, on their toll-free number 855-208-8903 or email info@okapipartners.com.
About Spirit Airlines
Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows our Guests to pay only for the options they choose — like bags, seat assignments and refreshments — something we call Á La Smarte. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. We serve destinations throughout the U.S., Latin America and the Caribbean and are dedicated to giving back and improving those communities. Come save with us at spirit.com.
Additional Information About the JetBlue Tender Offer
Spirit has filed a solicitation/recommendation statement with respect to the tender offer with the Securities and Exchange Commission ("SEC"). INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE SOLICITATION/RECOMMENDATION STATEMENT WITH RESPECT TO THE TENDER OFFER AND OTHER RELEVANT DOCUMENTS THAT ARE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TENDER OFFER. You will be able to obtain free copies of the solicitation/recommendation statement with respect to the tender offer and other documents filed with the SEC by Spirit through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders will be able to obtain free copies of the documents filed with the SEC by Spirit on Spirit's Investor Relations website at https://ir.spirit.com.
No Offer or Solicitation
This communication is for informational purposes only and is not intended to and does not constitute an offer to sell, or the solicitation of an offer to subscribe for or buy, or a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, sale or solicitation would be unlawful, prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.
Important Additional Information Will be Filed with the SEC
Frontier has filed with the Securities and Exchange Commission ("SEC") a Registration Statement on Form S-4 in connection with the proposed transaction, including a definitive Information Statement/Prospectus of Frontier and a definitive Proxy Statement of Spirit. The Form S-4 was declared effective on May 11, 2022 and the prospectus/proxy statement was first mailed to Spirit stockholders on May 11, 2022. Frontier and Spirit also plan to file other relevant documents with the SEC regarding the proposed transaction. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT/ INFORMATION STATEMENT/ PROSPECTUS/ PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED BY FRONTIER OR SPIRIT WITH THE SEC IN THEIR ENTIRETY CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT FRONTIER, SPIRIT, THE PROPOSED TRANSACTIONS AND RELATED MATTERS. Investors and stockholders are able to obtain free copies of the Registration Statement and the definitive Information Statement/Proxy Statement/Prospectus and other documents filed with the SEC by Frontier and Spirit through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders will be able to obtain free copies of the information statement and the proxy statement and other documents filed with the SEC by Frontier and Spirit on Frontier's Investor Relations website at https://ir.flyfrontier.com and on Spirit's Investor Relations website at https://ir.spirit.com.
Participants in the Solicitation
Frontier and Spirit, and certain of their respective directors and executive officers, may be deemed to be participants in the solicitation of proxies in respect of the proposed transactions contemplated by the Merger Agreement. Information regarding Frontier's directors and executive officers is contained in Frontier's definitive proxy statement, which was filed with the SEC on April 13, 2022. Information regarding Spirit's directors and executive officers is contained in Spirit's definitive proxy statement, which was filed with the SEC on March 30, 2022.
Cautionary Statement Regarding Forward-Looking Information
Certain statements in this communication, including statements concerning Frontier, Spirit, JetBlue, the proposed transactions and other matters, should be considered forward-looking within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Frontier's, Spirit's and JetBlue's current expectations and beliefs with respect to certain current and future events and anticipated financial and operating performance. Such forward-looking statements are and will be subject to many risks and uncertainties relating to Frontier's, Spirit's and JetBlue's operations and business environment that may cause actual results to differ materially from any future results expressed or implied in such forward looking statements. Words such as "expects," "will," "plans," "intends," "anticipates," "indicates," "remains," "believes," "estimates," "forecast," "guidance," "outlook," "goals," "targets" and other similar expressions are intended to identify forward-looking statements. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed, or assured. All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication. Frontier and Spirit undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances, or otherwise, except as required by applicable law.
Actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the following: the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; failure to obtain applicable regulatory or Spirit stockholder approval in a timely manner or otherwise; failure to satisfy other closing conditions to the proposed transactions; failure of the parties to consummate the transaction; risks that the new businesses will not be integrated successfully or that the combined companies will not realize estimated cost savings, value of certain tax assets, synergies and growth, or that such benefits may take longer to realize than expected; failure to realize anticipated benefits of the combined operations; risks relating to unanticipated costs of integration; demand for the combined company's services; the growth, change and competitive landscape of the markets in which the combined company participates; expected seasonality trends; diversion of managements' attention from ongoing business operations and opportunities; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction; risks related to investor and rating agency perceptions of each of the parties and their respective business, operations, financial condition and the industry in which they operate; risks related to the potential impact of general economic, political and market factors on the companies or the proposed transaction; that Frontier's cash and cash equivalents balances, together with the availability under certain credit facilities made available to Frontier and certain of its subsidiaries under its existing credit agreements, will be sufficient to fund Frontier's operations including capital expenditures over the next 12 months; Frontier's expectation that based on the information presently known to management, the potential liability related to Frontier's current litigation will not have a material adverse effect on its financial condition, cash flows or results of operations; that the COVID-19 pandemic will continue to impact the businesses of the companies; ongoing and increase in costs related to IT network security; the outcome of any discussions between JetBlue and Spirit with respect to a possible transaction, including the possibility that the parties will not agree to pursue a business combination transaction or that the terms of any such transaction will be materially different from those described herein; the conditions to the completion of the possible transaction, including the receipt of any required stockholder and regulatory approvals and, in particular, the companies' expectation as to the likelihood of receipt of antitrust approvals; JetBlue's ability to finance the possible transaction and the indebtedness JetBlue expects to incur in connection with the possible transaction; the possibility that JetBlue may be unable to achieve expected synergies and operating efficiencies within the expected timeframes or at all and to successfully integrate Spirit's operations with those of JetBlue, and the possibility that such integration may be more difficult, time-consuming or costly than expected or that operating costs and business disruption (including, without limitation, disruptions in relationships with employees, customers or suppliers) may be greater than expected in connection with the possible transaction; and other risks and uncertainties set forth from time to time under the sections captioned "Risk Factors" in Frontier's, Spirit's and JetBlue's reports and other documents filed with the SEC from time to time, including their Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.
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VANCOUVER, BC, June 14, 2022 /PRNewswire/ - International Battery Metals Ltd. (the "Company" or "IBAT") (CSE: IBAT) (OTC: IBATF) is pleased to confirm that further to its news release dated June 1, 2022 and June 10, 2022, the Company has filed on SEDAR its audited financial statements, accompanying management discussion and analysis and related CEO and CFO certifications for the year ended January 31, 2022 (the "Annual Filings").
As a consequence of the Annual Filings, the Company expects that the management cease trade order formerly granted on June 1, 2022, by applicable securities regulatory authorities, will be revoked and that directors and officers of the Company will be permitted to trade securities of the Company.
The Company wants to thank all of those who worked diligently in assisting with the finalization of the Annual Filings.
ON BEHALF OF THE BOARD
"Dr. John Burba"
Dr. John Burba, CEO & Director
Tel: (778) 939-4228
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.
Forward‐looking and cautionary statements
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations
This release may contain certain forward‐looking statements with respect to the financial condition, results of operations and business of the Company and certain of the plans and objectives of the Company with respect to the same. There is no assurance that the company's apparatus will be able to commercially produce lithium at the stated capacity. The purpose of the tests is to determine if it will be able to do so and successful completion of the tests cannot be assured as they are subject to risks and uncertainties associated with any new mineral processing method and characteristics of the material being processed.
By their nature, forward‐looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward‐looking statements.
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SOURCE International Battery Metals Ltd. | https://www.mysuncoast.com/prnewswire/2022/06/15/filing-audited-annual-financial-statements-revocation-mcto/ | 2022-06-15T03:08:14Z |
Car crashes into beauty salon, police investigating
By KABC Staff
Click here for updates on this story
BURBANK, California (KABC) — Police are investigating after a vehicle crashed into a beauty salon in Burbank Sunday night.
The crash happened shortly after 8 p.m. at MK Beauty Salon on Glenoaks Boulevard between Verdugo Avenue and Olive Avenue.
There were no injuries reported.
It’s not clear whether another vehicle may have been involved, according to police.
Burbank Police now trying to figure out what caused the vehicle to lose control and slam into the building
No further details were immediately known.
The cause of the crash is under investigation.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/04/05/car-crashes-into-beauty-salon-police-investigating/ | 2022-04-05T17:26:28Z |
$78 Billion Annual Cost for Limited-English Proficient Students Revealed in New Report by FAIR
WASHINGTON, Sept. 16, 2022 /PRNewswire/ -- A new report by the Federation for American Immigration Reform (FAIR) finds that one in ten students in our nation's public schools are considered Limited English Proficient (LEP), requiring an annual expenditure of $78 billion to provide remedial English language instruction. Moreover, the surge of illegal migration instigated by Biden administration policies – including an unprecedented number of unaccompanied alien children (UACs) – is outpacing the nation's education system's ability to hire enough teachers qualified to meet the needs of LEP kids.
It's also worth noting that due to an approximately two year delay in releasing official enrollment and detailed cost data in most states and school districts, the figures in this report are accurate as of the 2020 school year, and do not include education costs incurred by the millions of illegal aliens who have entered the country since President Biden took office. Because of this, the true cost today is almost certainly at least several billion dollars more than the estimates detailed in this report.
"By almost every metric, America's education system is already failing our kids whose critical skills lag behind those of almost every one of our global competitors," noted Dan Stein, president of FAIR. "Meanwhile, schools all across the country are being burdened with a surge of new non-English-speaking kids by Biden administration policies that virtually assure admission to UACs and anyone who enters illegally in the company of a minor."
The report, The Elephant in the Classroom: Mass Immigration Imposing Colossal Cost and Challenges on Public Education, finds that there are currently only 370,000 teachers qualified to deal with the educational needs of LEP students, and that an additional 76,000 instructors will be needed over the next five years just to keep pace with the consequences of the Biden administration's open border policies. Worse yet – for the children themselves and the future of our nation – only about 4 percent of LEP students are proficient in math by the time they complete 12th grade, and only about 3 percent are English proficient by the time they complete high school.
"As a nation, we are failing to adequately educate the next generation of workers and taxpayers – even those for whom English is their native tongue. At the same time, our immigration policies are adding millions of LEP students, whose academic prospects are even more abysmal. Under the Biden administration, our failing educational system is being asked to cope with our failed immigration policies, which is a recipe for disaster," concluded Stein.
Among the key findings of The Elephant in the Classroom: Mass Immigration Imposing Colossal Cost and Challenges on Public Education:
- 5.1 million students in American public schools were classified as LEP in 2020. That figure represents about 10 percent of all K-12 enrollment.
- The additional cost to American taxpayer to educate LEP students is $78 billion a year, an increase of $18.8 billion just since 2016. This estimate does not include additional costs, like free or subsidized meals that they may qualify for.
- All but 9 states now have more than 10,000 students designated as LEP, and 26 states have more than 50,000 LEP students. California and Texas now exceed 1 million LEP students.
- The large influx of new illegal LEP students under the Biden administration amounts to an unfunded federal mandate on state and local governments. As a result of a narrow 1982 Supreme Court decision, all K-12 students must be provided a taxpayer-funded public education.
The full report, The Elephant in the Classroom: Mass Immigration Imposing Colossal Cost and Challenges on Public Education, can be found here.
Contact: Ron Kovach, 202-328-7004 or rkovach@fairus.org
ABOUT FAIR
Founded in 1979, FAIR is the country's largest immigration reform group. With over 3 million members and supporters nationwide, FAIR fights for immigration policies that serve national interests, not special interests. FAIR believes that immigration reform must enhance national security, improve the economy, protect jobs, preserve our environment, and establish a rule of law that is recognized and enforced.
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SOURCE Federation for American Immigration Reform (FAIR) | https://www.kxii.com/prnewswire/2022/09/16/fair-biden-immigration-policies-impose-crushing-burden-already-strained-schools/ | 2022-09-16T18:21:13Z |
Uvalde, Texas -- Carlos Hernandez enjoys cooking, especially when he gets to do it for the people he loves. But on Tuesday, for the first time in his life, he wasn't able to fire up the grill.
"There's no possible way I can open my kitchen with a broken heart and have fun doing it," he wrote on Facebook. Hours earlier a gunman had walked into Robb Elementary School, just one mile from his restaurant, and brutally massacred 19 children and two teachers in an unfathomable act of evil.
It left Hernandez shaken, briefly paralyzed.
But two days later, out of resolve and desperation, he put on an apron and got to work. He decided that now, more than ever, Uvalde needed his comfort food.
Within hours, Hernandez had given away more than 60 family-sized platters of fried fish, creamy mac and cheese, and other Texas favorites to bereaved community members too distraught to cook themselves.
In between filling plates, Hernandez took time to hold, grieve, and listen to neighbors as they unloaded days of pent up emotions and stress. Many, shattered by the violence, cried, ate and then cried again.
To uplift passersby, he even had positive and unifying messages written on his restaurant windows.
"It's a real tough situation, I'm just trying to show the kids that they do have us as their backbone and a support system," he told CNN. "We always provide, whether there is an incident or no incident."
Hernandez is just one of many people rallying under the banner of "Uvalde Strong" to help soothe another US community shattered by the scourge of gun violence. In the past week, hundreds of people, from near and far, have posted up in the city's center to volunteer services and offer other acts of kindness.
"Showing the families we care is what we do," Hernandez said, before admitting he doesn't know if the community will ever fully heal. For now, though, he and others are committed to helping Uvalde grieve and endure.
'It makes you think about your own kids'
For Patrick Johnson, traveling to Uvalde is as much an act of service as it is survival. Upon hearing about the slaughter, he was so overcome with grief that he couldn't go about his day.
"I immediately broke down and wept," Johnson, 58, told CNN. "I'm not even from this community but I'm hurting. It makes you think about your own kids. It makes you realize it could've been you mourning your children."
Johnson packed his car and drove more than seven hours from Harleton, Texas, to Uvalde. His first stop in town was the Walmart, where he filled his trunk with children's toys before heading to the town square.
For three days, Johnson sat in the hot Texas sun displaying a table crowded with stuffed animals, miniature trucks, frisbees and soccer balls. He invited children passing by to choose any toy they like, a simple gift from a stranger with a big heart. Every time the table emptied, he sprinted to Walmart to restock.
"When you lose something, especially as a child, you need something else to hold onto," he said. "It brings joy to the kids, so it brings joy to me."
"It's been a roller coaster of emotions. I was giving out toys and a little girl wanted a big white puppy I had, she just lit up. I told her I'd race her for the toy, and I let her win. She got the toy puppy and the way she held onto it ... she hugged me and said thank you and how she was so happy. That's why I'm here."
It isn't the first time Johnson has offered support to a Texas community reeling from gun violence. He drove to Sutherland Springs in 2017 and Santa Fe in 2018 to provide care and assistance following mass shootings there.
Repeated tragedies have left Johnson emotionally exhausted, but he says Uvalde is where he needs to be right now.
"Especially in Texas, we don't wait on the government to get things done, we help our own people," he said, before encouraging others to join the effort.
"There's a lot of ways to be a blessing to people."
A refuge for grieving families
Before the shooting, El Progreso Memorial Library was simply a place to read and borrow books. It's since transformed into a space for healing.
"We want our building to be a safe space, a refuge that is a quiet, calm and cool haven," Mendell Morgan, the library's director, told CNN.
A day after the tragedy, the library welcomed community members with a selection of books and other resources on grief and mourning, as well as hope, inspiration and guidance. It also held "Story Time with Miss Martha," where librarian Martha Carreon read, sang and giggled along with local children.
Morgan says he wants El Progreso to play an active role in healing for Uvalde's children and adults. In the coming days and weeks, the library will host psychologists, massage therapy practitioners, pianists, magicians and artists to share their talents with the community.
"This is a small, rural town with a strong Hispanic flavor. Family is key in this culture so the heinous act has impacted an enormous number of people in Uvalde and far beyond," he said.
To ensure support continues, his team established the Los Angelitos de Robb Memorial Book Fund. Donations, which have already begun pouring in from across the US, will be used to purchase books, games, puzzles and fund programs that will help put families on a path toward healing, Morgan said.
"We are still in shock," he said. "First, time is needed to allow all of us to recover from the shock, face the reality of the aftermath, and find positive ways to move forward."
"This is a strong community where we have true care and concern for one another," Morgan added. "Many if not most here hold fast to their faith believing in God, that good is stronger than evil and light is stronger than dark."
'We'll stay as long as we're needed'
For seven years, Bonnie Fear has traveled with Lutheran Church Charities across the US offering comfort to survivors of tragedy in the form of quality time with emotional support dogs.
This week, the crisis response coordinator and her team of handlers are in Uvalde with eight fluffy golden retrievers: Abner, Cubby, Devorah, Elijah, Gabriel, Joy, Miriam and Triton.
Together, they sit in the town square tempting adults and children alike to wander over and play. In fact, the dogs wear blue vests that read "please pet me."
"A lot of times after something like this people don't want to talk to a human," Fear told CNN. "After traumatic events people don't want to deal with people, sometimes they just want that thing that they can touch, talk to without being judged, and it's pretty much that simple."
"They show unconditional love," she added, pointing to the dogs.
There are signs of grief all over the town square. One woman kneels in front of a cross and cries, trembling so hard she struggles to catch her breath. On the bench behind her a family of three sit together reciting a prayer.
The air is heavy with sadness, and the children feel it -- that is until they see the dogs. Suddenly their faces light up with smiles.
One little girl sits in the grass and hugs Miriam, an excitable, floppy eared princess who loves to be cuddled. When she pulls away, tears are seen streaming down her face. But as Miriam comes in for a kiss, she giggles. Her mother looks on fighting to hold back tears of her own.
"That's why we're here, to help people express their feelings," Fear said.
Early Saturday, Fear and her team attended a private event where families directly impacted by the shooting gathered to grieve.
"You could tell a lot of the kids weren't ready to talk yet. They would walk up to a dog pretty sad and confused," she said. "But by the time they were done with that dog, they were hugging and smiling and even talking to the dog."
Parents became overwhelmed with emotion when they saw their children interact with the animals, Fear said. For the first time in days their kids were smiling again.
At one point there was so much laughter coming from the area that officials became worried and came over to check what was happening, she said.
"It was our group with our dogs and kids," Fear said. "I won't say they were happy exactly, but they were enjoying the moment of forgetting about the horror."
The process of grieving and healing will take a very long time, Fear said. For many, it has yet to begin.
"We will be back. In crisis like these, the healing doesn't happen in four or five days. We'll bring more dogs and we'll stay as long as we're needed."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/be-a-blessing-to-people/article_add8538a-35ed-568a-a367-62ae9d606e64.html | 2022-05-30T14:31:48Z |
CHICAGO, April 11, 2022 /PRNewswire/ -- TJM Capital, a private equity investment firm focusing on lower and middle-market growth businesses has purchased the Machine Tool Solutions Division of the UK's 600 Group. This acquisition includes Colchester Machine Tool Solutions, with offices in the UK, Germany, and Australia, and Clausing Industrial, Inc., headquartered in Michigan. "The Machine Tool Solutions Division is a perfect fit with our growth strategy," according to TJM Chairman Tom McDonough. "These companies supply well-known, high-quality products for metalworking applications, and give us scope to provide more solutions to our customers," said McDonough.
The Machine Tool Solutions Division has a strong reputation in the market for metal turning machines. Products range from small conventional machines for education markets, CNC workshop machines and CNC production machines. Incoming CEO Micah Coleman stated, "Our customers remain the Group's highest focus. The addition of this new technology continues to build on our vision to become the partner of choice for complete manufacturing solutions." Mr. Coleman also serves as CEO of Timesavers LLC, Midwest Automation, and Dubois Equipment Company.
The strong leadership teams at both Colchester Machine Tool Solutions & Clausing Industrial will remain in their current roles under new ownership. Jonathan Wright, Managing Director of Colchester, and Kevin Mungovan, President of Clausing Industrial, have a combined 50 years in the Machine Tools industry and will continue to lead their respective companies.
The acquisition was completed on April 8, 2022.
About TJM Capital Partners
Founded in 2008, TJM is a private investment firm that invests in established middle and lower middle-market businesses looking to substantially grow and realize shareholder value. TJM has a fully supported management team backed by a select group of committed capital sources – including family offices, high net worth individuals, and a diverse set of first-generation (G1) investors – as a different type of private investment firm. www.tjmcapitalpartners.com
About Timesavers LLC
For seventy-five years, Timesavers has been producing widebelt abrasive finishing machines for surfacing wood, metal, plastics and a wide range of other materials. Timesavers is a pioneer in sanding technology for the woodworking and machine tool industries and has the largest worldwide installed base of machines. Superior product performance, exceptional customer service, and unequalled technical field support service makes Timesavers the market leader.
www.timesaversinc.com
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SOURCE Timesavers, LLC; TJM Capital Partners | https://www.mysuncoast.com/prnewswire/2022/04/11/tjm-capital-partners-tjm-has-purchased-machine-tool-solutions-division-uks-600-group/ | 2022-04-11T19:22:51Z |
WASHINGTON, Sept. 1, 2022 /PRNewswire/ -- Today, the European Union opens its new office in San Francisco, California, a global centre for digital technology and innovation. The office will reinforce the EU's cooperation with the United States on digital diplomacy and strengthen the EU's capacity to reach out to key public and private stakeholders, including policy makers, the business community, and civil society in the digital technology sector.
The EU High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Josep Borrell, said: "The opening of the office in San Francisco responds to the EU's commitment to strengthen transatlantic technological cooperation and to drive the global digital transformation based on democratic values and standards. It is a concrete step to further reinforce the EU's work on issues such as cyber and countering hybrid threats, and foreign information manipulation and interference."
As a world leader in digital solutions and in developing policies and rules that support a human-centric vision of the Internet and digital technologies, the EU has focused on creating valuable partnerships in like-minded countries around the world, notably with the United States.
The opening of the office is a result of the 2021 EU-US Summit shared commitment to strengthen transatlantic technological cooperation and is a core part of the Conclusions on Digital Diplomacy, adopted by the EU Foreign Affairs Council in July of this year.
The EU office in San Francisco will seek to promote EU standards and technologies, digital policies and regulations and governance models, and to strengthen cooperation with US stakeholders, including by advancing the work of the EU-US Trade and Technology Council.
The office will work under the authority of the EU Delegation in Washington, DC, in close coordination with Headquarters in Brussels and in partnership with EU Member States consulates in the San Francisco Bay Area. It will be headed by Gerard de Graaf, a senior Commission official who has worked extensively on digital policies, most recently on the EU's landmark new platform laws, the Digital Services Act and Digital Markets Act. The office will initially be co-located with the Irish Consulate.
Background Links:
EU-US Trade and Technology Council
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SOURCE Delegation of the European Union to the United States | https://www.kxii.com/prnewswire/2022/09/01/usdigital-eu-opens-new-office-san-francisco-reinforce-its-digital-diplomacy/ | 2022-09-01T17:12:45Z |
Biden heads to West Bank, with little to offer Palestinians
JERUSALEM (AP) — When President Joe Biden heads to the occupied West Bank on Friday for talks with Palestinian leaders, he will have little to offer beyond U.S. money aimed at buying calm.
He’s expected to announce $316 million in financial assistance — about a third of which will require congressional approval — and a commitment from Israel to modernize wireless access for Palestinians.
But although Biden will reiterate his support for an independent Palestinian state, there’s no clear path to one. The last round of serious peace talks broke down more than a decade ago, leaving millions of Palestinians living under Israeli military rule.
Israel’s outgoing government has taken steps to improve economic conditions in the occupied West Bank and Gaza. But Yair Lapid, the caretaker prime minister, does not have a mandate to hold peace negotiations, and Nov. 1 elections could bring to power a right-wing government that is opposed to Palestinian statehood.
Meanwhile, the 86-year-old President Mahmoud Abbas, whose Palestinian Authority administers parts of the occupied West Bank and cooperates with Israel on security, is more representative of the status quo than Palestinian aspirations.
His Fatah party lost an election, and control of Gaza, to the Islamic militant group Hamas more than 15 years ago. He called off the first national elections since then last year — blaming Israel — when Fatah appeared to be heading for another crushing defeat. Polls over the past year have consistently found that nearly 80% of Palestinians want him to resign.
Biden acknowledged this week that while he supports a two-state solution, it won’t happen “in the near-term.” The U.S. also appears to have accepted defeat in its more modest push to reopen a Jerusalem consulate serving the Palestinians that was closed when President Donald Trump recognized the contested city as Israel’s capital.
Palestinian leaders also fear being further undermined by the Abraham Accords, a diplomatic vehicle for Arab nations to normalize relations with Israel despite the continuing occupation. Biden, who heads next to Saudi Arabia to attend a summit of Arab leaders, hopes to broaden that process, which began under Trump.
Hours before Biden was set to become the first U.S. leader to fly directly from Israel to the kingdom, Saudi Arabia’s General Authority of Civil Aviation announced early Friday “the decision to open the Kingdom’s airspace for all air carriers that meet the requirements of the Authority for overflying.”
It signaled the end of its longstanding ban on Israeli flights overflying its territory — an incremental step toward the normalization of relations between Saudi Arabia and Israel that builds on the strong, but informal ties the erstwhile foes have developed in recent years over their shared concerns about Iran’s growing influence in the region.
Biden hailed the decision in a statement Friday as an important step that “can help build momentum toward Israel’s further integration into the region, including with Saudi Arabia.”
There’s been hardly any mention of the Palestinians over the past two days, as Biden has showered Israel with praise, holding it up as a democracy that shares American values. At a press conference with Biden, Lapid evoked the U.S. civil rights movement to portray Israel as a bastion of freedom.
It all reeked of hypocrisy to Palestinians, who have endured 55 years of military occupation with no end in sight.
“The idea of shared values actually makes me sick to my stomach,” said Diana Buttu, a Palestinian lawyer and political analyst. “I don’t think Israeli values are anything that people should be striving towards.”
Both Biden and Lapid said they supported an eventual two-state solution in order to ensure that Israel remains a Jewish-majority state. But Biden is expected to announce little beyond financial assistance, including $201 million for the United Nations agency for Palestinian refugees.
Biden proposed $100 million, subject to congressional approval, for hospitals in east Jerusalem that serve Palestinians. Another $15 million is for humanitarian assistance, plus $7.2 million for programs to promote cooperation between Israelis and Palestinians.
His approach, often referred to as “economic peace,” has limitations.
“You can’t buy a solution to the Israeli-Palestinian conflict,” said Aaron David Miller, a senior fellow at the Carnegie Endowment for International Peace and former U.S. State Department official. “It doesn’t work, because that’s not what drives this conflict.”
That sentiment was on display in the West Bank on Thursday, where dozens of Palestinians gathered to protest Biden. More protests were expected Friday.
“Mr. Biden is trying to marginalize the Palestinian issue,” said Mustafa Barghouti, a veteran Palestinian activist. “If he does not allow Palestinians to have their rights, then he is helping Israel kill and end the very last possibility of peace.”
At this point, the Palestinian goal of an independent state in east Jerusalem, the West Bank and Gaza — territories Israel seized in the 1967 Mideast war — appears more distant than ever.
Israel is expanding settlements in annexed east Jerusalem and the West Bank, which are now home to some 700,000 Jewish settlers. The Palestinian view the settlements — many of which resemble sprawling suburbs — as the main obstacle to peace, because they carve up the land on which a Palestinian state would be established. Most of the world considers them illegal.
Military rule in the West Bank has sown widespread despair, contributing to a recent wave of violence. A 15-year blockade of Gaza, which Israel says is needed to contain Hamas, has helped fuel four devastating wars. Jerusalem, home to famed holy sites and the emotional heart of the conflict, is as volatile as ever.
Israel has its own grievances — including Palestinian Authority payments to the families of prisoners and slain attackers, which Israel says incentivize violence. The PA defends the payments as a form of welfare for those it sees as victims of the conflict.
It’s unclear if eliminating the “martyrs’ fund” would advance the goal of statehood. Israel is dominated by nationalist and religious parties that are opposed to a Palestinian state and view the West Bank as the biblical and historical heartland of the Jewish people.
Well-known human rights groups have concluded that Israel’s seemingly permanent control over millions of Palestinians amounts to apartheid. One of those groups, Israel’s own B’Tselem, hung banners in the West Bank ahead of Biden’s visit.
Israel rejects that label as an attack on its very existence, even though two former Israeli prime ministers warned years ago that their country would be seen that way if it did not reach a two-state agreement with the Palestinians. The U.S. also rejects the apartheid allegations.
Biden will also likely see banners calling for justice for Palestinian-American journalist Shireen Abu Akleh, who was killed during an Israeli military raid in the West Bank in May. Israel says she might have been struck by Palestinian gunfire, while investigations by The Associated Press and other media outlets support Palestinian witnesses who say she was shot by Israeli forces.
The U.S. says she was likely killed by Israeli troops but that it appeared to be unintentional, without saying how it reached those conclusions. That angered many Palestinians, including Abu Akleh’s family, who accused the U.S. of trying to help Israel evade responsibility for her death.
___
Krauss reported from Ottawa. Megerian reported from Washington. Associated Press writer Zeke Miller in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/15/biden-heads-west-bank-with-little-offer-palestinians/ | 2022-07-15T08:01:40Z |
Montreal defeats Cincinnati 4-3 on Torres’ game-winner
CINCINNATI (AP) — Joaquín Torres scored the game-winning goal in Montreal’s 4-3 win over Cincinnati. Montreal improved to 1-3-1 after the victory and Cincinnati fell to 2-4-0.
CINCINNATI (AP) — Joaquín Torres scored the game-winning goal in Montreal’s 4-3 win over Cincinnati. Montreal improved to 1-3-1 after the victory and Cincinnati fell to 2-4-0. | https://localnews8.com/sports/ap-national-sports/2022/04/02/montreal-defeats-cincinnati-4-3-on-torres-game-winner/ | 2022-04-03T00:58:45Z |
Robert Morse, two-time Tony-winning actor, dies at 90
NEW YORK (AP) — Actor Robert Morse, who won a Tony Award as a hilariously brash corporate climber in “How to Succeed in Business Without Really Trying” and a second one a generation later as the brilliant, troubled Truman Capote in “Tru,” has died. He was 90.
Morse died at his home Wednesday after a brief illness, said David Shaul of BRS/Gage Talent Agency.
The boyishly handsome Morse first made his name on Broadway in the 1950s, and landed some roles in Hollywood comedies in the 1960s. “I consider myself an actor — shyly,” he told the Los Angeles Times in 1964. “I love acting. It’s a great use of body and mind... With all humility, you hope that you are doing something worthwhile.”
More recently, he played the autocratic and eccentric leader of an advertising agency in “Mad Men,” AMC’s hit drama that debuted in 2007. The role of Bert Cooper earned him five Emmy nominations as best guest actor in a drama series.
“He radiated a wicked joy; it was impossible to watch him without instantly sharing his giddy delight,” wrote playwright Paul Rudnick. Jason Alexander tweeted: “His work was infused with joy and it was joyous to be with him.”
Morse was already well-established on Broadway, with two Tony nominations to his credit, when he became nationally famous at age 30 as the star of Abe Burrows and Frank Loesser’s smash 1961 Broadway satire of corporate life, “How to Succeed...”. The show won both the Pulitzer Prize and the Tony for best musical and ran for more than three years.
Morse’s bright-eyed J. Pierrepont Finch was a master of corporate backstabbing — with a toothy grin — as he went from Manhattan window washer to titan at the World Wide Wicket company with the help of a little “how-to” paperback on office politics.
The musical’s song titles suggest the button-down, pre-feminist business world: “The Company Way,” a theme song for yes-men; “A Secretary Is Not a Toy,” a song that winks at office dalliance; “Coffee Break,” a tribute to caffeine; and the hymn Finch sings to himself: “I Believe in You.” Finch toadies up to the aging boss, played by 1920s crooner Rudy Vallee, by joining in the old man’s college fight song, “Grand Old Ivy.”
“Imagine a collaboration between Horatio Alger and Machiavelli and you have Finch, the intrepid hero of this sortie into the canyons of commerce,” The New York Times wrote. “As played with unfaltering bravura and wit by Robert Morse, he is a rumpled, dimpled angel with a streak of Lucifer.”
The 1967 film version of “How To Succeed” dropped some songs but otherwise kept close to the stage original. Morse was back, as was Vallee.
But Morse’s film career largely failed to take off.
He was back on Broadway in 1972 — and picked up another Tony nomination — for “Sugar,” producer David Merrick’s musical version of “Some Like It Hot.” Morse starred as Jerry, the part played by Jack Lemmon in the Billy Wilder comedy about two male musicians who disguise themselves as women to get away from murderous gangsters.
“Tru,” a one-man show based on Capote’s writings, revived Morse’s stage career in 1989.
“His Capote is wickedly funny, a sly imp ready to deliver an off-color joke about the Queen Mum, zing Robert Goulet or rhapsodize about the time he tap-danced for Louis Armstrong. ...,” Associated Press drama critic Michael Kuchwara wrote in his review. “But there’s a desperate side of Capote, too, and Morse rises to the pain.”
In 1993, the televised version of “Tru” (PBS) won Morse an Emmy for best actor in a miniseries or special. (Meanwhile, a 1995 Broadway revival of “How to Succeed...” brought another Tony for its Finch, Matthew Broderick.)
Television’s “Mad Men” returned Morse to the “How to Succeed” milieu of Manhattan office politics, 1960s-style.
When Morse landed in Hollywood after his “How to Succeed” triumph, columnist Hedda Hopper predicted in 1963: “If Robert Morse comes over on screen as he does on stage, he’ll have teenagers screaming and mothers wanting to adopt him. He has an innate sense of comedy and a funny face to go with it.”
Among his films was “The Loved One,” a 1965 black comedy about an Englishman’s encounter with Hollywood and the funeral industry, based on the satirical novel by Evelyn Waugh.
“I don’t think in terms of whether a picture will help or hinder my career,” Morse told the Los Angeles Times when the film was in production. “I think of who I’m working with.” Among his “Loved One” co-stars were Jonathan Winters, John Gielgud and Tab Hunter.
Morse was born May 18, 1931, in Newton, Massachusetts, and made his Broadway debut in 1955 in “The Matchmaker.”
He received back-to-back Tony nominations for his next two roles: in 1959 for best featured actor in a play for “Say, Darling,” and in 1960 for best actor in a musical for “Take Me Along,” which also starred Jackie Gleason.
“Say, Darling” was a comedy about a young writer’s experience as his novel is turned into a Broadway show. The play was based on the creation of “The Pajama Game,” and Morse’s character, a “boy producer” who hated being called that, was modeled on Harold Prince, a “Pajama Game” co-producer.
Reviewing his career, Morse told The New York Times in 1989: “Things change. I never got a chance to be in a play or picture where I played a father, or had a family, or where I could feel or show something. The wild child in me never had a chance to grow up.”
He said he had successfully battled alcohol and drug abuse, but added, “I don’t think drinking got in the way of my work. I did my job. It was the other 22 hours I had a problem with.”
Still, he said of his career, “I didn’t think it was going to end or not end. I just plowed on. One day you hear `We love you, Bobby.’ The next day you’re doing voiceovers.”
He is survived by five children, a son Charlie and four daughter, Robin, Andrea, Hilary and Allyn.
___
Mark Kennedy is at http://twitter.com/KennedyTwits
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/21/robert-morse-two-time-tony-winning-actor-dies-90/ | 2022-04-23T09:24:36Z |
Sun West CEO and Morgan innovator Pavan Agarwal welcomed by Hall of Famers Terrell 'TO' Owens and Ivan 'Pudge' Rodriguez as part of leadership coaching event 'Game On'
Event showcases the recently developed empathetic technology mortgage product which seeks to achieve unbiased and fair lending and greater equality in house buying
In tandem, the event will be donating based on Total attendee and Livestream viewership count
LAS VEGAS , June 23, 2022 /PRNewswire/ -- Football and baseball Hall of Fame icons Terrell 'TO' Owens and Ivan 'Pudge' Rodriguez today will induct leading mortgage originator Sun West's recently developed empathetic technology product Morgan into the Mortgage Hall of Fame at Resorts World, Las Vegas.
Pavan Agarwal, founder and CEO of Sun West's technology sister company Celligence, will be welcomed on stage to explain how Morgan will eliminate the stress, anxiety, uncertainty, and overall risk of the home buying process, broadening, and equalizing access to those from more modest income and credit backgrounds.
'Game On' hosts TO Owens and Pudge Rodriguez will provide expert business and leadership coaching based on experience gained from their respective top-level careers in football and baseball and recognised in their honoring in both sports' Hall of Fame's. The stage will provide an opportunity for Mr Agarwal to present the concept of Morgan and how it seeks to make the dream of home ownership a reality to many more people, with Sun West Ambassador Pudge Rodriguez formally welcoming it into the Mortgage Hall of Fame.
Acquiring a mortgage has become even harder in recent times, partly driven by high inflation, continually rising property prices, and coupled with many US banks and financial institutions not issuing small dollar mortgage loans to families with modest incomes and means. When combined with the complexities of the lending process and an unwillingness of many lenders to invest the time and resources on potential customers with non-traditional financial circumstances, there are major obstacles to affordable housing, especially among under served communities.
Mr Agarwal, in creating Morgan, has made a commitment to address these issues of inequality. The traditional process of mortgage applications has typically precluded those with a challenging credit and employment history, and the use of technology, such as Morgan, seeks to level that playing field by considering multiple mitigating factors. By employing artificial intelligence and 'empathetic technology' to consider the applicant's language, emotional state, and other factors, Morgan has already proven to increase mortgage approval rates for those from lower income with lower-down payment FHA/VA/USDA loans.
Pavan Agarwal, CEO of Sun West Mortgage Company, said: "I am thrilled to be welcomed by such inspiring sports icons and leaders like TO Owens and Pudge Rodriguez, and to have Morgan inducted into the Hall of Fame. Their inspiring words and coaching in both the world of business and in everyday life is testament to their stellar careers in the NFL and Major League Baseball, and their commitment to improving the lives of others is a positive testament to their characters.
"Borrowers in under served communities deserve the opportunity to apply for a mortgage and to present their offers to sellers with the same confidence and dignity as buyers in high-income brackets. At Sun West Mortgage Company, we pride ourselves as 'The Home of Fair Lending' and are continually looking to deliver this level of service equally across borrower demographics and profiles. As a firm, we will continue to invest in the creation of transformative technology that will make low-cost financing more accessible and equal than ever before."
About the Sun West Mortgage Company:
At Sun West Mortgage Company, Inc. we dedicate ourselves to offering the best service to our customers. To accomplish this, we empower our loan officers so that they can find great rates and provide the most fitting loan options for each customer – at amazing speed. Our focus on technology has given us an edge in the mortgage industry to offer some of the fastest turn times available – so the customer can get into the home of their dreams sooner!
We are committed to our core values of people, experience, technology, and product. Sun West was founded in 1980 with the perspective of "customers first" and the desire to make the mortgage process easy and stress-free for prospective homeowners. Since then, Sun West services a multi-billion-dollar loan portfolio and is licensed in 48 states, the District of Columbia, Puerto Rico, and the US Virgin Islands. Our 41 years of experience has been passed down to everyone here at Sun West through excellent leadership and capabilities.
Sun West Mortgage Company, Inc. is acting as the lender and offers financing to qualified borrowers. TACA – a third party organization is not affiliated with Sun West Mortgage Company, Inc. The name of TACA is owned by TACA. Ivan Rodriguez is a paid spokesman for Sun West Mortgage Company, Inc. For licensing information, go to: www.nmlsconsumeraccess.org.
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SOURCE Sun West Mortgage Company | https://www.kxii.com/prnewswire/2022/06/23/renowned-sports-icons-induct-cutting-edge-technology-platform-morgan-by-sun-west-mortgage-company-into-mortgage-hall-fame/ | 2022-06-23T17:43:44Z |
Diabetes Study Adds to Growing Body of Data Around Risk Factors for Long-Standing Effects of COVID-19 Infection
NEW ORLEANS, June 4, 2022 /PRNewswire/ -- A new study reveals that diabetes is a potential risk factor for post-acute sequelae of COVID-19 (PASC), also known as long COVID-19, a range of post-COVID-19 symptoms such as brain fog, skin conditions, depression, and shortness of breath. The findings were presented as a late-breaking poster session at the 82nd Scientific Sessions of the American Diabetes Association® (ADA) in New Orleans, LA.
Research shows that up to 10 to 30 percent of individuals that had COVID-19 may experience long COVID-19. Post-COVID-19 conditions are more prevalent in those with severe cases of COVID-19. This is particularly concerning for patients with diabetes, a patient population at increased risk of severe COVID-19 infection. Now, researchers are working to understand whether diabetes is also a risk factor for long COVID-19.
In order to determine the impact of diabetes on the development of long COVID-19 following an initial COVID-19 infection, the study included all peer-reviewed full-text observational research studies published in English between January 1, 2020 and January 27, 2022 that reported on the risk of PASC in people with and without diabetes with a minimum of four-weeks follow-up after COVID-19 diagnosis, and narratively synthesized results.
Findings show that 43% of studies identified diabetes as a potent risk factor for PASC. However, this conclusion is limited by the heterogeneity of studies with regard to PASC definitions (e.g., ongoing symptoms of fatigue, cough, dyspnea etc.), populations at risk (hospitalized vs. non-hospitalized populations), and follow-up times (ranging from four weeks to seven months).
"As time goes on, we are seeing the negative impacts that long COVID has on the daily lives of patients. Though more research is needed, we now know that patients with diabetes are at a disproportionate risk of long COVID and that these patients should be closely monitored," said Jessica L Harding, PhD, assistant professor at Emory University's School of Medicine in Atlanta, GA and lead author on the study. "Careful monitoring of glucose levels in at-risk individuals may help to mitigate excess risk and reduce the burden of lingering symptoms that inhibit their overall wellbeing."
The authors note that more high-quality studies across multiple populations and settings are needed to determine if diabetes is indeed a risk factor for PASC.
Research presentation details:
- Diabetes as a Risk Factor for Long-COVID-19—A Scoping Review
- Presented on Sunday, June 5 at 12:00 p.m. CT
For more information, please contact the ADA Scientific Sessions media team onsite at the Ernest N. Morial Convention Center from June 3–7 by phone at 504-670-4902, or by email at SciSessionsPress@diabetes.org.
About the ADA's Scientific Sessions
The ADA's 82nd Scientific Sessions, the world's largest scientific meeting focused on diabetes research, prevention, and care, will be a hybrid event held June 3–7, 2022 at the Ernest N. Morial Convention Center in New Orleans, LA. Leading physicians, scientists, and health care professionals from around the world will unveil cutting-edge research, treatment recommendations, and advances toward a cure for diabetes. We are eager to get back to safely participating in person and networking with colleagues while hearing the latest scientific advances and groundbreaking research presentations. Learn more and register at scientificsessions.diabetes.org and join the Scientific Sessions conversation on social media using #ADA2022.
About the American Diabetes Association
The American Diabetes Association (ADA) is the nation's leading voluntary health organization fighting to bend the curve on the diabetes epidemic and help people living with diabetes thrive. For 81 years, the ADA has driven discovery and research to treat, manage, and prevent diabetes while working relentlessly for a cure. Through advocacy, program development, and education we aim to improve the quality of life for the over 133 million Americans living with diabetes or prediabetes. Diabetes has brought us together, what we do next will make us Connected for Life. To learn more or to get involved, visit us at diabetes.org or call 1-800-DIABETES (1-800-342-2383). Join the fight with us on Facebook (American Diabetes Association), Spanish Facebook (Asociación Americana de la Diabetes), LinkedIn (American Diabetes Association), Twitter (@AmDiabetesAssn), and Instagram (@AmDiabetesAssn).
Contact: Daisy Diaz, 504-670-4902
SciSessionsPress@diabetes.org
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SOURCE American Diabetes Association | https://www.wibw.com/prnewswire/2022/06/04/individuals-with-diabetes-are-up-four-times-more-likely-develop-long-covid-19/ | 2022-06-04T15:54:38Z |
Chinese leader Xi Jinping set the tone for a virtual summit with leaders from major emerging economies in a pointed speech Wednesday evening, in which he decried sanctions as "weaponizing" the global economy and urged unity in the face of financial challenges.
Xi, who spoke at a business forum ahead of the virtual summit Thursday with leaders from the BRICS economic bloc of Brazil, Russia, India, China, and South Africa, portrayed the world as being at a critical juncture as it struggled to recover from the pandemic amid what he termed new "security challenges."
"The tragedies of the past tell us that hegemony, group politics and bloc confrontation bring no peace or security; they only lead to wars and conflicts," he said via videolink.
"The Ukraine crisis is another wake-up call for all in the world. It reminds us that blind faith in the so-called 'position of strength' and attempts to expand military alliances and seek one's own security at the expense of others will only land oneself in a security dilemma," Xi said.
The comments appeared to be a veiled reference to the United States and NATO, whom Beijing has repeatedly blamed for provoking Russia's aggression in Ukraine.
He also took aim at Western sanctions, saying such penalties were a "double-edged sword" that weaponized the global economy and would "bring harm to the people of the world."
Instead countries should "embrace solidarity and coordination," he said, while also touting China's new development and security initiatives as blueprints.
The comments provide insight into China's priorities as its hosts the annual BRICS summit -- a virtual event in Beijing that is also Russian President Vladimir Putin's first time meeting in a forum with the leaders of major global economies since the invasion of Ukraine earlier this year.
In his own video address at Wednesday's event, Putin said Russia was "redirecting" its trade flows to BRICS countries and other "reliable international partners," according to a Kremlin transcript.
He also pushed back on Western economic actions, saying "politically motivated sanctions" and "mechanisms of exerting pressure on competitors" undermined global business and were "contrary to common sense and basic economic logic."
Sanctions have been a key tool used by Western governments and their allies against Russia following its unprovoked invasion of Ukraine, as they seek to pressure it into giving up its brutal assault, which has sparked a humanitarian crisis and allegations of war crimes against Ukrainian civilians.
The war in Ukraine is expected to cast a shadow over the summit, the fourteenth since the bloc was established in 2009 as a means to "serve common interests of emerging market economies and developing countries."
But the crisis -- and the raft of Western sanctions -- may also provide impetus for certain issues that have been under discussion by the group for years, including promoting trade settlements outside the US-dollar system, from which Russian institutions are now heavily restricted.
Putin raised this possibility in his Wednesday remarks, saying that BRICS partners were "developing reliable alternative mechanisms for international settlements" and "exploring the possibility of creating an international reserve currency based on the basket of BRICS currencies."
But how wholeheartedly the entire bloc will embrace major initiatives like a shift from the dollar system or sweeping statements decrying Western sanctions at Thursday's summit remains to be seen.
While each of the BRICS leaders has avoided condemning Russia outright, they hold varying levels of interest in not being seen to endorse its actions or work too closely with Russia -- and run foul of Western friends.
Differences of tone were apparent in the addresses by each of the leaders at Wednesday night's forum, an event for business leaders on the sidelines of the summit.
In his video address, Indian Prime Minister Narendra Modi focused on the forum itself and his hopes for it to spark exchanges between start-ups. South African President Cyril Ramaphosa focused on poverty, inequality and issues like vaccine access, as well as trade and investment, according to transcripts from their governments.
Brazil's Jair Bolsonaro said in the face of global economic risks, his country was open to further economic integration, according to Brazil's national public news agency.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/western-sanctions-are-weaponizing-world-economy-chinas-xi-jinping-says-ahead-of-brics-summit/article_25dcf967-c633-548a-bfc4-3de70d3cc922.html | 2022-06-23T07:38:32Z |
BERWYN, Pa., May 18, 2022 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its fourth quarter and fiscal 2022, which ended March 31, 2022.
- Net sales of $386.7 million
- Operating income of $38.8 million with operating margin of 10%; adjusted operating income of $43.0 million with adjusted operating margin of 11%
- Net loss of $10.6 million, or ($0.16) per share; adjusted net income of $25.6 million, or $0.39 per diluted share
- Cash flow provided by operations of $33.0 million; free cash flow of $29.1 million
- Net sales of $1.5 billion
- Operating income of $104.3 million with operating margin of 7%; adjusted operating income of $135.0 million with adjusted operating margin of 9%
- Net loss of $42.8 million, or ($0.66) per share; adjusted net income of $51.8 million, or $0.79 per diluted share
- Cash flow used in operations of $137.0 million; free cash use of $156.7 million
- Net sales between $1.2 billion - $1.3 billion
- Earnings per diluted share of between $0.40 - $0.60
- Cash used in operations of ($30.0) million to ($40.0) million, includes core cash flow from operations of between $30.0 million - $45.0 million
"TRIUMPH continued to deliver improving operating margin and cash flow, both sequentially and year over year, thanks to our talented and dedicated global team." stated Dan Crowley, TRIUMPH's chairman, president and chief executive officer. "We are pleased to provide financial outlook for fiscal 2023 powered by the diversity of our people, our highly engineered products, and the programs and markets we serve. With a growing and profitable backlog, TRIUMPH is well positioned to benefit from continued strength in military and freighter markets and the anticipated recovery in commercial aviation production and aftermarket demand over the next several years."
"Mr. Crowley continued, "During fiscal 2022 we completed several important milestones including divesting our build to print metallic structures businesses, completing 747 production and streamlining our organizational structure to reduce cost and enhance communication and efficiencies. In fiscal 2023 we will expand our investment in operations, products and people to maximize value for all stakeholders."
Excluding divestitures and sunsetting programs, sales for the fourth quarter of fiscal 2022 were down 2% organically from the prior year period due to declines in commercial widebody production and timing of military OEM deliveries, partially offset by increases in commercial narrow body production.
Fourth quarter operating income of $38.8 million includes $8.6 million of restructuring costs related to our structures facility exits and $4.3 million reduction of prior period losses on sales of assets and businesses. Cost of sales benefited from the Aviation Manufacturing Jobs Protection Program by $11.4 million in the quarter. Net loss for the fourth quarter of fiscal 2022 was $10.6 million, or ($0.16) per share and includes $32.0 million non-cash pension settlement charge on the partial annuitization of pension benefits. On an adjusted basis, net income was $25.6 million, or $0.39 per diluted share.
TRIUMPH's results included the following:
The number of shares used in computing diluted earnings per share for the fourth quarter of 2022 was 65.4 million.
Adjusting for the pending Stuart divestiture, backlog, which represents the next 24 months of actual purchase orders with firm delivery dates or contract requirements, was $1.42 billion, up 6% from the prior year, primarily on commercial narrow body platforms.
For the fourth quarter of fiscal 2022, cash flow provided by operations was $33.0 million.
The Company's outlook reflects adjustments detailed in the attached tables and assumes a first quarter of fiscal 2023 closure on our Stuart facility divestiture and the resolution of the related customer advances.
Based on anticipated aircraft production rates, the Company expects net sales for fiscal 2023 will be approximately $1.2 billion to $1.3 billion.
The Company expects GAAP fiscal 2023 earnings per diluted share of $0.40 to $0.60.
The Company expects fiscal 2023 cash used in operations of ($30.0) million to ($40.0) million, including core cash flow from operations of approximately $30.0 million to $45.0 million and core free cash flow of approximately break-even to $15.0 million.
TRIUMPH will hold a conference call today, May 18th, at 8:30 a.m. (ET) to discuss the fourth quarter of fiscal 2022 results. The conference call will be available live and archived on the Company's website at http://www.triumphgroup.com. A slide presentation will be included with the audio portion of the webcast, and the presentation has been posted on the Company's website at http://ir.triumphgroup.com/QuarterlyResults. An audio replay will be available from May 18th to May 25th by calling (877) 344-7529 (Domestic) or (412) 317-0088 (International), passcode #5049523.
TRIUMPH, headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures. The company serves the global aviation industry, including original equipment manufacturers and the full spectrum of military and commercial aircraft operators.
More information about TRIUMPH can be found on the Company's website at www.triumphgroup.com.
Statements in this release which are not historical facts are forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements of expectations of or assumptions about financial and operational performance, revenues, earnings per share, cash flow or use, cost savings and operational efficiencies and organizational restructurings. All forward-looking statements involve risks and uncertainties which could affect the Company's actual results and could cause its actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company. Further information regarding the important factors that could cause actual results to differ from projected results can be found in Triumph Group's reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended March 31, 2021.
Widespread health developments, including the recent global coronavirus (COVID-19), and the responses thereto (such as voluntary and in some cases, mandatory quarantines as well as shut downs and other restrictions on travel and commercial, social and other activities) could adversely and materially affect, among other things, the economic and financial markets and labor resources of the countries in which we operate, our manufacturing and supply chain operations, commercial operations and sales force, administrative personnel, third-party service providers, business partners and customers and the demand for our products, which could result in a material adverse effect on our business, financial conditions and results of operations.
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(dollars in thousands)
We prepare and publicly release quarterly unaudited financial statements prepared in accordance with GAAP. In accordance with Securities and Exchange Commission (the "SEC") guidance on Compliance and Disclosure Interpretations, we also disclose and discuss certain non-GAAP financial measures in our public releases. Currently, the non-GAAP financial measure that we disclose is Adjusted EBITDA and Adjusted EBITDAP, which is our net income before interest, income taxes, amortization of acquired contract liabilities, curtailments, settlements and special termination benefits, legal settlements, loss on divestitures, share-based compensation expense, depreciation and amortization and Adjusted EBITDA, less pension & other postretirement benefits. We disclose Adjusted EBITDA and Adjusted EBITDAP on a consolidated and Adjusted EBITDAP an operating segment basis in our earnings releases, investor conference calls and filings with the SEC. The non-GAAP financial measures that we use may not be comparable to similarly titled measures reported by other companies. Also, in the future, we may disclose different non-GAAP financial measures in order to help our investors more meaningfully evaluate and compare our future results of operations to our previously reported results of operations.
We view Adjusted EBITDA and Adjusted EBITDAP as operating performance measure and as such we believe that the GAAP financial measure most directly comparable to it is net income. In calculating Adjusted EBITDA and Adjusted EBITDAP, we exclude from net income the financial items that we believe should be separately identified to provide additional analysis of the financial components of the day-to-day operation of our business. We have outlined below the type and scope of these exclusions and the material limitations on the use of these non-GAAP financial measures as a result of these exclusions. Adjusted EBITDA and Adjusted EBITDAP are not measurements of financial performance under GAAP and should not be considered as a measure of liquidity, as an alternative to net income (loss), income from continuing operations, or as an indicator of any other measure of performance derived in accordance with GAAP. Investors and potential investors in our securities should not rely on Adjusted EBITDA or Adjusted EBITDAP as substitutes for any GAAP financial measure, including net income (loss) or income from continuing operations. In addition, we urge investors and potential investors in our securities to carefully review the reconciliation of Adjusted EBITDA and Adjusted EBITDAP to net income set forth below, in our earnings releases and in other filings with the SEC and to carefully review the GAAP financial information included as part of our Quarterly Reports on Form 10-Q and our Annual Reports on Form 10-K that are filed with the SEC, as well as our quarterly earnings releases, and compare the GAAP financial information with our Adjusted EBITDA and Adjusted EBITDAP.
Adjusted EBITDA and Adjusted EBITDAP is used by management to internally measure our operating and management performance and by investors as a supplemental financial measure to evaluate the performance of our business that, when viewed with our GAAP results and the accompanying reconciliation, we believe provides additional information that is useful to gain an understanding of the factors and trends affecting our business. We have spent more than 25 years expanding our product and service capabilities partially through acquisitions of complementary businesses. Due to the expansion of our operations, which included acquisitions, our net income has included significant charges for depreciation and amortization. Adjusted EBITDA and Adjusted EBITDAP exclude these charges and provide meaningful information about the operating performance of our business, apart from charges for depreciation and amortization. We believe the disclosure of Adjusted EBITDA and Adjusted EBITDAP helps investors meaningfully evaluate and compare our performance from quarter to quarter and from year to year. We also believe Adjusted EBITDA and Adjusted EBITDAP is a measure of our ongoing operating performance because the isolation of non-cash income and expenses, such as amortization of acquired contract liabilities, depreciation and amortization, share-based compensation and non-operating items, such as interest and income taxes, provides additional information about our cost structure, and, over time, helps track our operating progress. In addition, investors, securities analysts and others have regularly relied on Adjusted EBITDA and Adjusted EBITDAP to provide a financial measure by which to compare our operating performance against that of other companies in our industry.
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Set forth below are descriptions of the financial items that have been excluded from our net income to calculate Adjusted EBITDA and Adjusted EBITDAP and the material limitations associated with using this non-GAAP financial measure as compared to net income:
- Divestitures may be useful for investors to consider because they reflect gains or losses from sale of operating units. We do not believe these earnings necessarily reflect the current and ongoing cash earnings related to our operations.
- Non-service defined benefit income (inclusive of certain pension related transactions such as curtailments, settlements, early retirement or other incentives) may be useful to investors to consider because they represent the cost of post-retirement benefits to plan participants, net of the assumption of returns on the plan's assets and are not indicative of the cash paid for such benefits. We do not believe these earnings (expenses) necessarily reflect the current and ongoing cash earnings related to our operations.
- Amortization of acquired contract liabilities may be useful for investors to consider because it represents the non-cash earnings on the fair value of below market contracts acquired through acquisitions. We do not believe these earnings necessarily reflect the current and ongoing cash earnings related to our operations.
- Amortization expense and nonrecurring asset impairments (including goodwill, intangible asset impairments, and nonrecurring rotable inventory impairments) may be useful for investors to consider because it represents the estimated attrition of our acquired customer base and the diminishing value of tradenames, product rights, licenses, or, in the case of goodwill, other assets that are not individually identified and separately recognized under U.S. GAAP, or, in the case of nonrecurring asset impairments, the impact of unusual and nonrecurring events affecting the estimated recoverability of existing assets. We do not believe these charges necessarily reflect the current and ongoing cash charges related to our operating cost structure,
- Share-based compensation may be useful for investors to consider because it represents a portion of the total compensation to management and the board of directors. We do not believe these charges necessarily reflect the current and ongoing cash charges related to our operating cost structure.
- Depreciation may be useful for investors to consider because they generally represent the wear and tear on our property and equipment used in our operations. We do not believe these charges necessarily reflect the current and ongoing cash charges related to our operating cost structure.
- The amount of interest expense and other we incur may be useful for investors to consider and may result in current cash inflows or outflows. However, we do not consider the amount of interest expense and other to be a representative component of the day-to-day operating performance of our business.
- Income tax expense may be useful for investors to consider because it generally represents the taxes which may be payable for the period and the change in deferred income taxes during the period and may reduce the amount of funds otherwise available for use in our business. However, we do not consider the amount of income tax expense to be a representative component of the day-to-day operating performance of our business.
Management compensates for the above-described limitations of using non-GAAP measures by using a non-GAAP measure only to supplement our GAAP results and to provide additional information that is useful to gain an understanding of the factors and trends affecting our business.
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(dollars in thousands)
The following table shows our Adjusted EBITDA and Adjusted EBITDAP reconciled to our net income for the indicated periods (in thousands):
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(dollars in thousands, except per share data)
Adjusted income from continuing operations, before income taxes, adjusted income from continuing operations and adjusted income from continuing operations per diluted share, before non-recurring costs have been provided for consistency and comparability. These measures should not be considered in isolation or as alternatives to income from continuing operations before income taxes, income from continuing operations and income from continuing operations per diluted share presented in accordance with GAAP. The following tables reconcile income from continuing operations before income taxes, income from continuing operations, and income from continuing operations per diluted share, before non-recurring costs.
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(dollars in thousands, except per share data)
Adjusted Operating Income is defined as GAAP Operating Income, less expenses/gains associated with the Company's transformation, such as restructuring expenses, gains/losses on divestitures, impairments of goodwill and other assets. Management believes that this is useful in evaluating operating performance, but this measure should not be used in isolation. The following table reconciles our Operating income to Adjusted Operating income as noted above.
Cash provided by operations, is provided for consistency and comparability. We also use free cash flow as a key factor in planning for and consideration of strategic acquisitions and the repayment of debt. This measure should not be considered in isolation, as a measure of residual cash flow available for discretionary purposes, or as an alternative to operating results presented in accordance with GAAP. The following table reconciles cash provided by operations to free cash flow.
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(dollars in thousands, except per share data)
Fiscal 2023 outlook includes cash used in operations, core cash from operations and core free cash flow. We use core cash from operations and core free cash flow to measure performance of our continuing operations. The following table reconciles cash used in operations to core cash flow from operations and core free cash flow.
^ Non-core cash use estimate includes remaining cash related to the exit or sale of legacy structures facilities and programs.
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SOURCE Triumph Group | https://www.kxii.com/prnewswire/2022/05/18/triumphs-fourth-quarter-fiscal-2022-results-demonstrate-improving-profitability-cash-flow-provides-fiscal-2023-guidance/ | 2022-05-18T10:43:11Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Telefonaktiebolaget LM Ericsson ("Ericsson" or the "Company") (NASDAQ: ERIC) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 22-cv-01167, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Ericsson securities between April 27, 2017 and February 25, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials
If you are a shareholder who purchased or otherwise acquired Ericsson securities during the Class Period, you have until May 2, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Ericsson, together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecommunications and other sectors. The Company operates in, among other countries, the Republic of Iraq ("Iraq").
Ericsson has a well-documented history of using bribes to secure business in countries throughout the Middle East and Asia. For example, in December 2019, Ericsson was the subject of a U.S. Securities and Exchange Commission ("SEC") action alleging, among other things, that the Company used third party consultants and illicit payments from 2011 through early 2017 to access business in Djibouti, Saudi Arabia, and China. The Company also entered into a Deferred Prosecution Agreement with the U.S. Department of Justice ("DOJ") the same month for its illicit business dealings.
Following the foregoing regulatory enforcement actions—which resulted in Ericsson being fined over $520 million and nearly $540 million by the DOJ and SEC, respectively—Ericsson repeatedly assured investors that the Company had a "zero tolerance" stance for bribery and was making significant investments in related programs. For example, in a December 2019 press release, the Company asserted that it was "[e]nhancing . . . internal anti-corruption and compliance related awareness campaigns (including the Company's zero tolerance for corruption)." Likewise, in its 2019 annual report, the Company asserted that it has "zero tolerance for corruption" and "work[s] hard every day to build a culture of compliance, anchored securely within the organization, to ensure that such an event will never happen again."
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Ericsson overstated the extent to which it had reformed its business practices to eliminate the use of bribes to secure business in foreign countries; (ii) Ericsson had paid bribes to the terrorist group the Islamic State in Iraq and Syria ("ISIS" or the "Islamic State") to gain access to certain transport routes in Iraq; (iii) accordingly, the Company's revenues derived from its operations in Iraq were, in at least substantial part, derived from unlawful conduct and thus unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On February 15, 2022, during intraday trading hours, Ericsson issued a press release disclosing media inquiries into its business dealings in Iraq. That press release assured investors of the Company's "transparency" regarding these inquiries, while vaguely alluding to having undertaken its own investigative and compliance efforts.
Then, on February 16, 2022, Ericsson's Chief Executive Officer told a Swedish newspaper that the Company may have made payments to ISIS to gain access to certain transport routes in Iraq, noting that the Company had identified "unusual expenses dating back to 2018" but had not yet determined the final recipient of the funds for those expenses, although Defendants could "see that it disappeared[,]" and that Ericsson has spent "considerable resources trying to understand this as best we can."
Following these disclosures, Ericsson's American Depositary Share ("ADS") price fell $1.44 per ADS, or 11.57%, to close at $11.01 per ADS on February 16, 2022.
Finally, on Sunday, February 27, 2022, the International Consortium of Investigative Journalists ("ICIJ") published a report on Ericsson's alleged dealings with ISIS in Iraq, citing a leaked internal investigation that revealed that Ericsson had reportedly made "tens of millions of dollars in suspicious payments" over nearly a decade to keep its business in the country. The ICIJ report also alleged that "a spreadsheet lists company probes into possible bribery, money laundering and embezzlement by employees in Angola, Azerbaijan, Bahrain, Brazil, China, Croatia, Libya, Morocco, the United States and South Africa[,]" which "have not been previously disclosed."
On this news, Ericsson's ADS price fell $0.84 per ADS, or 8.3%, from its closing price on February 25, 2022, to close at $9.28 per ADS on February 28, 2022, the next trading day.
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/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-telefonaktiebolaget-lm-ericsson-class-action-lawsuit-upcoming-deadline-eric/ | 2022-04-11T23:53:54Z |
WASHINGTON, May 31, 2022 /PRNewswire/ -- Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) today announced participation at SLEEP 2022, to be held in Charlotte, North Carolina from June 4-8, 2022.
The following scientific posters will be presented:
June 7, 2022
Presenter: Dr. Sandra Paulina Smieszek, Head of Genetics
Poster Session Presentation Time: 5:15 PM – 7:15 PM ET
Title: "Enrichment of RAI1 genetic aberrations associated with sleep disturbances in SMS, in Autism Spectrum Disorder"
Poster Number: 007
Title: "A 10-week observational research study in individuals with delayed sleep-wake phase disorder (DSWPD) symptoms"
Poster Number: 028
Title: "A novel missense variant in Melanopsin associates with delayed sleep phenotype: whole-genome sequencing study"
Poster Number: 285
For more information on SLEEP 2022, please refer to https://www.sleepmeeting.org/.
About Vanda Pharmaceuticals Inc.
Vanda is a leading global biopharmaceutical company focused on the development and commercialization of innovative therapies to address high unmet medical needs and improve the lives of patients. For more on Vanda Pharmaceuticals Inc., please visit www.vandapharma.com and follow us on Twitter @vandapharma.
Corporate Contact:
Kevin Moran
Senior Vice President, Chief Financial Officer and Treasurer
Vanda Pharmaceuticals Inc.
202-734-3400
pr@vandapharma.com
Elizabeth Van Every
Head of Corporate Affairs
Vanda Pharmaceuticals Inc.
202-734-3400
pr@vandapharma.com
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SOURCE Vanda Pharmaceuticals Inc. | https://www.wibw.com/prnewswire/2022/05/31/vanda-pharmaceuticals-announces-presentations-sleep-2022/ | 2022-05-31T23:04:29Z |
The innovative hearing aids are weatherproof, rechargeable, and custom made allowing for all day comfort, making them ideal for all lifestyles
GLENVIEW, Ill., June 16, 2022 /PRNewswire/ -- Beltone, winner of Newsweek's "Best in Hearing Care Retailers" award revealed today that it has once again expanded its product line with the introduction of the new Beltone Imagine™ Custom rechargeable hearing aids. The new hearing aids restore natural hearing in a sleek and comfortable earbud design. They are available in modern In-style™ or Blend-In colors, are weather-and-sweatproof, and last all day on a single battery charge.
"Beltone is committed to creating innovative hearing aid technology and incorporating stylish designs that will allow our patients to feel confident in wearing their hearing aids in all aspects of life," says Beltone President, Mike Halloran. "Because of their modern design, these new custom rechargeable hearing aids offer a different approach to treating hearing loss than what is traditionally thought of for hearing aids, and we are excited for those ready to start their hearing health journey with Beltone."
Beltone's custom hearing aids are molded to fit users unique ear canals to provide all-day comfort. The customized earbud design sits in the ear so users can wear glasses or face masks with ease. With sound that adapts to every situation, the custom hearing aids are suitable for those with active lifestyles as they are weatherproof-and-sweatproof and nano-coated inside and out for continuous wear and easy cleaning. Users will be able to connect to life easier with hands-free phone and FaceTime calls for iPhone and iPad* with a simple tap of a button. They can also easily stream music and take calls from Android™ smartphones directly to the ears. Additionally, users get up to 24 hours of quality sound on a single charge, so they can feel confident about joining any conversation throughout the day. Check out a short video about Beltone's new custom rechargeable hearing aids here.
Additional features:
- Using advanced technology, the hearing aids adapt automatically to different sound environments, allowing users to stay in control even in extra-noisy environments.
- Easily adjust the hearing aid sound with the Beltone HearMax™ app available for iPhones and iPads or Android smartphones.
- To add to the ultimate personalized experience, users will receive custom charger to pair with their custom hearing aids.
The Imagine Custom rechargeable hearing aids will be available beginning June 29 at any of the 1,500 Beltone hearing centers.
For more than 80 years, Beltone has been the nation's most trusted and leading hearing care provider. In addition to providing some of the most reliable, affordable and advanced hearing aids, we also pride ourselves on serving as a partner to our patients every step of the way during their hearing health journey. With more than 1,500 Beltone locations nationwide, each office is a local business part of the community it serves and the hearing care professional and staff at your local Beltone will get to know you to provide a personalized experience during your journey to better hearing. And with a nationwide network, you can expect this level of personalized service wherever you go. Our Beltone hearing care professionals receive extensive training and education, so they are always equipped with the latest knowledge to bring you the best care. Proudly part of the GN Group, Beltone continues to focus on the needs of our patients through the research and development of innovative new hearing technologies to allow you to hear what truly matters the most. To learn more, please visit www.beltone.com.
GN Group facilitates communication between people through its intelligent hearing, audio, video, and gaming technology. Inspired by people and driven by our innovation leadership, we leverage technological synergies to deliver unique and increasingly individualized user experiences in our products and solutions.
150 years ago, GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, audio, video and speech, wireless technologies, miniaturization, and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, SteelSeries, Jabra, Beltone, Interton, BlueParrott, Danavox and FalCom in around 100 countries. Founded in 1869, the GN Group employs 7,000 people and is listed on Nasdaq Copenhagen (GN.CO).
Visit our homepage GN.com and connect with us on LinkedIn and Facebook.
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SOURCE Beltone | https://www.mysuncoast.com/prnewswire/2022/06/16/beltone-introduces-custom-rechargeable-hearing-aids-modern-earbud-design/ | 2022-06-16T11:02:30Z |
DENVER (AP) — The U.S. Air Force abruptly changed its procedures to select a permanent headquarters for the U.S. Space Command during the election year of 2020, which led to it choosing heavily Republican Alabama over Democrat-dominated Colorado after a White House meeting, according to a report from the General Accounting Office that was made public Thursday.
Colorado lawmakers had requested the review from the congressional investigative arm after the Trump administration, in the waning days of the former president’s term, moved the agency from its provisional headquarters at Peterson Air Force Base in Colorado Springs.
During his re-election campaign, then-President Donald Trump at a Colorado rally seemed to promise the operation would remain in the state, but the outcome was different after he lost Colorado by 13 percentage points to Joe Biden in November 2020.
The General Accounting Office found that in March of 2020 — the month after Trump’s Colorado rally — the Air Force changed its procedure on selecting a permanent location for the headquarters of Space Command, which enables satellite-based navigation and troop communication and provides warning of missile launches.
The agency, known as GAO, determined the process fell far short of best practices it recommends for the federal government.
“Developing basing guidance consistent with these best practices, and determining the basing actions to which it should apply, would better position the Air Force to substantiate future basing decisions and help prevent bias, or the appearance of bias, from undermining their credibility,” the report said.
The decision to select Redstone Arsenal in Huntsville, Alabama, came after a Jan. 11, 2021 meeting that included Trump, his then-acting Secretary of Defense and other senior military officials.
According to the GAO report, meeting participants had conflicting recollections of who picked Alabama over Colorado.
But in selecting the base’s move to Alabama, the decision went against the recommendations of the U.S. Space Command Combatant Commander, the U.S. Space Force Chief of Space Operations and the former Vice Chairman of the Joint Chiefs of Staff. They had recommended that the operation remain in Colorado.
Colorado officials responded by calling on the Biden administration to reconsider the Space Command move decision.
“We have serious concerns about how this conclusion was reached, which contradicts the military leadership’s stated goal of reaching Full Operational Capability as quickly as possible,” said a statement from Republican Rep. Doug Lamborn, who requested the GAO report, Democratic Rep. Jason Crow and Democratic Sens. Michael Bennet and John Hickenlooper.
The statement added: “Our national security should be the deciding factor in basing decisions.”
U.S. Sen. Richard Shelby of Alabama insisted that the decision for the move was correct.
The Air Force “followed strict criteria when they evaluated and selected Huntsville. I agree that Huntsville was the right pick for the job,” Shelby said in a statement released on Twitter.
___
Associated Press writer Kim Chandler in Montgomery, Alabama contributed to this report. | https://cw33.com/news/science-technology/ap-science/space-command-base-change-process-was-flawed-report-says/ | 2022-06-02T22:49:01Z |
LOS ANGELES, June 28, 2022 /PRNewswire/ -- Stoney Edwards' personal story filled with the struggle, grit, courage and heart is what has long been the basis for songs that have shaped country music. He was among the early black country music artists to find success and the first black country singer-songwriter signed to Capitol Nashville in the 1970s. With 2022 marking the 25th year since his passing, UMG Nashville/UMe concludes Black Music Month and honors Stoney Edwards with the streaming debut of all six of his acclaimed 1971-1976 Capitol Records' albums. Down Home In The Country, A Country Singer, Stoney Edwards, She's My Rock, Mississippi You're On My Mind and Blackbird have been remastered from original analog tapes.
Stoney Edwards had 15 charting singles across his six Capitol Records albums and two top-20 hits "She's My Rock" and "Mississippi You're On My Mind," available to stream/download here: https://stoneyedwards.lnk.to/Stream
Although his country music career began later in life, Stoney Edwards brought classic twang to his deeply personal lyrics such as "last night a two dollar toy made a million dollar daddy out of me," the opening track and his first single, "A Two Dollar Toy," from his debut album, A Country Singer. Also from his debut, "A Few of the Reasons" is a romantic ode with "Your love was there when everything else was gone…."
Hailed by critics from Nashville to London, The Nashville Scene praised him as "A wonderful country vocalist and a highly entertaining songwriter who tirelessly beat the bushes on Music Row in the early and mid-'70s. His style interspersed bits of Lefty Frizzell, Merle Haggard, and Hank Williams with his deep, coarse, yet ingratiating delivery." The Guardian stated, "the former trucker's recordings were regarded as crying-into-your-beer classics.…" In addition, country stalwart Billy Ray Cyrus, who narrated a new video about Stoney Edwards, said "I was captivated and mesmerized by this story. He opened the door for so many great talents to follow their dreams in country music. "
Discover Stoney Edwards, HERE: https://stoneyedwards.lnk.to/Stream
Stoney Edwards — Down Home In The Country [Digital]
- Dixie Boy
- Mama's Old Quilt
- Saturday Night
- Our Garden of Love
- Good To Have You Home
- You'll Remember Me
- Beyond a Shadow of a Doubt
- The Fishing Song
- Odd-job Dollar-Bill Man
- Don't Be Angry
Stoney Edwards — A Country Singer [Digital]
- Poor Folks Stick Together
- A Two Dollar Toy
- An Old Mules Hip
- Bring Home a Bottle
- Mama's Love
- The Cute Little Waitress
- Something New and Different
- I Bought the Shoes that Just Walked Out on Me
- A Few of the Reasons
- You Stayed Long Enough (To Make Me Love You)
Stoney Edwards — Stoney Edwards [Digital]
- All She Made of Me
- Daddy Did His Best
- She Believed in Me
- A Kingdom I Call Home
- Tell Me That You Love Me
- What Made You Change You're Mind
- You Can't Call Yourself Country
- Why Don't You Go Home
- I Don't Believe I'll Fall in Love Today
- I Won't Make it Through The Day
Stoney Edwards — She's My Rock [Digital]
- You're Still a Believer
- Sunshine Feeling
- She's Helping Me get Over You
- Fishin' Song
- Two Dollar Toy
- She's My Rock
- I've Got Mine
- Honky Tonk Heaven
- You Stayed Long Enough
- Something New And Different
Stoney Edwards — Mississippi You're On Mind [Digital]
- Mississippi You're On My Mind
- Hank and Lefty Raised My Country Soul
- The Cute Little Waitress
- We Sure Danced Us Some Good Uns
- Jeweldene Turner (The World Needs To Hear You Sing)
- Rollin' In Your Sweet Sunshine
- We're Learning How To Smile Again
- She's My Rock
- A Two Dollar Toy
- Summer Melodies
Stoney Edwards — Blackbird [Digital]
- I Want (The Real Thing)
- Yankee Lady
- Holdin' To Myself
- Blackbird (Hold Your Head High)
- Pickin' Wildflowers
- Love Still Makes The World Go Round
- Head Bootlegger Man
- July 12, 1939
- Don't Give Up On Me
- Bird On A Wire
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SOURCE Universal Music Enterprises | https://www.wibw.com/prnewswire/2022/06/28/country-legend-stoney-edwards-six-albums-make-streaming-debut-capping-off-black-music-month/ | 2022-06-28T19:02:40Z |
Business owners flock to Las Vegas for the international brand's networking event, awards ceremony
DENVER, July 7, 2022 /PRNewswire/ -- PostNet, a global leader in high-quality printing and shipping solutions, celebrated franchise owners, welcomed vendors and discussed future endeavors at THRIVE 2022, PostNet's annual convention held recently at the Flamingo Hotel in Las Vegas.
"Thrive isn't just a conference theme for PostNet and its franchise owners, it's a mindset," said Bill McPherson, vice president of franchise development. "To say that the last few years have been challenging is an understatement, yet PostNet not only faced these challenges head-on, it overcame them and continued to grow. It feels good to be able to come together and celebrate the franchise owners and corporate staff responsible for this success."
Several awards were given out at the conference, including:
- Franchisee of the Year: David Petty, Austin, Texas
- Community Involvement Award: Caty Witt, Bakersfield, California
- Community Vitality Award: Shawna Hicks-Cranston, Lakewood Ranch, Florida
- Top Performer: David Petty, Austin, Texas; Todd Seidle, Village on the Creeks in Rogers, Arkansas, and Craig Garries, Lakewood, Colorado
- Great Start: Gary and Magda Good, Northlake, Texas, and Richard Wright, Chandler, Arizona
- Core Value Award: Ron Fehr, Wichita, Kansas; Allen Elks, Lumberton, North Carolina; Gary Good, Flower Mound, Texas/Northlake, Texas; Felice Parker, Dresher, Pennsylvania; William Martindale, Sturgis, Michigan; and Jerry Kahn, Lake Forest, Illinois
- Team Member of the Year Award: Morgan Bernard, Lakewood Ranch, Florida.
"The annual conference gives us an opportunity to honor the hardworking men and women that make PostNet excel, and it also gives us a chance to network and deepen bonds within the organization," McPherson said. "We have an opportunity to discuss strategy, develop goals and learn from each other's wins and even their losses. Everyone goes home with valuable tools and fresh ideas. It's always a great event."
For more information, visit https://www.postnet.com/.
PostNet opened its doors in 1993. With nearly 700 locations in North America, Central America, South America and Africa, PostNet is a global leader in printing and shipping solutions. In 2017, PostNet joined the MBE Worldwide family. Combined, MBE has nearly 2,600 locations in 44 countries. For more information about PostNet services, visit www.postnet.com. To learn about franchise opportunities, visit www.postnetfranchise.com.
MBE Worldwide S.p.A. ("MBE"), a privately-owned company with its headquarters in Italy, is a Global Commerce enabler for SMBs and consumers thanks to its platform providing e-commerce, fulfillment, shipping, marketing and print solutions via multi-brand operations: PrestaShop, Mail Boxes Etc. (except the US and Canada), PostNet, PACK & SEND, Spedingo.com, AlphaGraphics, Multicopy and Print Speak. The combination of our retail platform - that currently counts 2,900+ Service Centers in 53 Countries with more than 12.000 associates - with our PrestaShop ecommerce platform served almost one million business customers in FY 2021 generating €1.01 billion (US $1.2 billion) of System Wide Sales and €24 billion (US $28.5 billion) of e-commerce Gross Merchandise Value.
For additional information please visit MBE Worldwide Group websites at www.mbecorporate.com - www.prestashop.com/en - www.mbeglobal.com - www.postnet.com - www.packsend.com.au - www.spedingo.com/en - www.alphagraphics.com - www.multicopy.nl - www.printspeak.com - www.mbe.it - www.mbe.es - www.mbe.de - www.mbefrance.fr - www.mbe.pl - www.mbeportugal.pt - www.mbe.co.uk
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE PostNet | https://www.kxii.com/prnewswire/2022/07/07/postnet-honors-franchisees-28th-annual-convention/ | 2022-07-07T12:26:05Z |
For the first time, a drug targeting a protein that drives breast cancer growth has been shown to work against tumors with very low levels of the protein.
It’s not a cure. But this latest gain for targeted cancer therapy could open new treatment possibilities to thousands of patients with advanced breast cancer.
Until now, breast cancers have been categorized as either HER2-positive — the cancer cells have more of the protein than normal — or HER2-negative. Doctors reporting the advance Sunday said it will make “HER2-low” a new category for guiding breast cancer treatment.
About half of patients with late-stage breast cancer formerly categorized as HER2-negative may actually be HER2-low and eligible for the drug.
The drug is Enhertu, an antibody-chemotherapy combo given by IV. It finds and blocks the HER2 protein on cancer cells, while also unloading a powerful cancer-killing chemical inside those cells. It belongs to a relatively new class of drugs called antibody-drug conjugates.
The drug was already approved for HER2-positive breast cancer, and in April the Food and Drug Administration granted it breakthrough status for this new group of patients.
In the new study, the drug lengthened the time patients lived without their cancer progressing and improved survival compared with patients given standard chemotherapy.
The study compared Enhertu to standard chemo in about 500 patients with HER2-low breast cancer that had spread or could not be treated with surgery. The drug stopped the progress of cancer for about 10 months compared with about 5 1/2 months in the group getting regular care. The drug improved survival by about six months (from 17.5 months to 23.9 months).
“It’s a practice-changing study,” said Dr. Sylvia Adams, who directs breast cancer care at NYU Langone Health and enrolled several patients in the study. “It addresses a major unmet need for patients who have metastatic breast cancer.”
Now, it will be important to define the HER2 gray area to make sure the right patients receive the treatment and then to monitor them closely, experts said.
The drug, which costs about $14,000 a month, can have severe complications. Three patients in the study died of a lung disease that’s a known hazard of the drug. Doctors need to make sure patients report breathing problems right away so the drug can be stopped and patients treated with steroids.
The findings were featured Sunday at the annual meeting of the American Society of Clinical Oncology in Chicago and published by the New England Journal of Medicine. Funding for the study came from Tokyo-based Daiichi Sankyo and U.K.-based AstraZeneca, which jointly developed the drug.
Patients take the drug until they can no longer tolerate it.
“A lot of people, including a lot of patients, will not have heard of HER2-low breast cancer before,” said the study’s lead author, Dr. Shanu Modi of Memorial Sloan Kettering Cancer Center in New York.
“We finally have a HER2-targeted drug that for the first time can target that low level of HER2 expression,” Modi said. “This drug actually helps to define HER2-low breast cancer. It makes it, for the first time, a targetable population.” | https://www.tdtnews.com/life/health_and_fitness/article_bb3b491a-eb12-11ec-a2fb-b7e6e8dc0301.html | 2022-06-14T07:51:50Z |
A man linked to environmental extremist acts in the mid 1990s and early 2000s has pleaded guilty to conspiracy to commit arson in California and Oregon, and arson in Oregon, according to a news release Friday from the US Department of Justice.
According to the DOJ, as well as court documents obtained by CNN, Joseph Mahmoud Dibee, 53, recruited and led groups of environmental extremists to design and execute fires targeting commercial and government-owned animal processing facilities in both California and Oregon.
The agency labeled Dibee as an "environmental extremist, arsonist and former fugitive," in announcing his plea.
According to the DOJ news release, in the late 90s, Dibee and his co-conspirators used "incendiary devices" to destroy an Oregon commercial slaughterhouse and meatpacking facility. In 2001, Dibee and others "attempted to destroy" a government-owned wild horse corral in California, the DOJ said.
"The conspirators, together known as 'the Family,' were ultimately linked to more than 40 criminal acts between 1995 and 2001 and caused more than $45 million in damages," according to the DOJ news release.
According to the DOJ, Dibee fled the US in 2005, and was arrested in Cuba in 2018 on an Interpol Red Notice, the DOJ noted.
An Oregon federal grand jury indicted Dibee in 2006, CNN previously reported.
The DOJ assisted multiple federal agencies in the effort to return Dibee to the US, according to the release.
According to the release, as well as CNN's previous reporting, one of Dibee's alleged co-conspirators, Josephine Sunshine Overaker, remains at large. The FBI has offered a reward up to $50,000 for information leading to her arrest.
The government, according to the DOJ, will recommend Dibee receive a sentence of 87 months in federal prison. He will be sentenced on July 27, the DOJ added.
According to the release, the US Attorneys' Offices for the District of Oregon, Northern District of California, and Western District of Washington and the National Security Division's Counterterrorism Section are prosecuting the case.
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accounts, the history behind an article. | https://www.albanyherald.com/news/environmental-extremist-arsonist-and-former-fugitive-pleads-guilty-to-arson-in-pacific-northwest/article_3131e78a-d57f-5ccd-b382-a855e6c4126c.html | 2022-04-24T01:51:05Z |
DELRAY BEACH, Fla., Aug. 8, 2022 /PRNewswire/ -- DecisionPoint Systems, Inc. (NYSE American: DPSI), a mobility-first enterprise services and solutions will report financial and operational results for the second quarter of 2022, which ended June 30, 2022.
DecisionPoint's earnings release will be filed on Form 8-K and posted on the DecisionPoint investor relations website (https://www.decisionpt.com/investing-in-decisionpoint/) at approximately 4:10 p.m. Eastern Time on August 11, 2022. Management will host an earnings conference call and webcast beginning at 4:30 p.m. Eastern Time. Management's presentation of the results, outlook and strategy will be followed by Q&A with investors.
Live Call Information:
Date: August 11, 2022
Time: 4:30 p.m. Eastern Time
Dial-in Toll Free: 1-888-882-4478
Dial-in Toll/International: 1-323-794-2590
Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1563737&tp_key=933b447d44
Replay Information:
Toll Free: 1-844-512-2921
Toll/International: 1-412-317-6671
Replay Pin Number: 1185733
Replay Start: Thursday August 11, 2022, 7:30 PM ET
Replay Expiry: Thursday August 18, 2022, 11:59 PM ET
About DecisionPoint Systems
DecisionPoint is a leading provider and integrator of enterprise mobility and wireless applications solutions that delivers improved productivity and operational advantages to its clients by helping them move their business decision points closer to their customers. We do this by making enterprise software applications accessible to the front-line worker anytime, anywhere. DecisionPoint utilizes all the latest wireless, mobility, and RFID technologies. For more information about DecisionPoint Systems, Inc., visit www.decisionpt.com.
Contact
Brian Siegel, IRC, MBA
Senior Managing Director, Hayden IR
(346) 396-8696
Brian@haydenir.com
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SOURCE DecisionPoint Systems, Inc. | https://www.kxii.com/prnewswire/2022/08/08/decisionpoint-systems-report-second-quarter-2022-earnings-august-11-2022/ | 2022-08-08T20:11:46Z |
Gunman kills 4 in mass shooting at Tulsa medical building
(AP) - A gunman carrying a rifle and a handgun killed four people at a Tulsa medical building on a hospital campus, police said, the latest in a series of deadly mass shootings across the country in recent weeks.
Wednesday’s shooting on the campus of Saint Francis Health System happened the same week that families in Uvalde, Texas, began burying the dead from the deadliest school shooting in nearly a decade.
The victims and gunman in Tulsa were found on the second floor of a medical office where an orthopedic clinic is located, police said. The shooter, whose name has not been released, died from an apparent self-inflicted gunshot wound, Tulsa Police Department Deputy Chief Eric Dalgleish said.
Officials scheduled a news conference Thursday morning with police and hospital officials to release more information. All appointments at the orthopedic clinic were canceled through Friday.
The spate of recent gun violence across the country, including the killing of 19 children and two teachers at Robb Elementary School in Uvalde by an 18-year-old gunman carrying an AR-style semi-automatic rifle, has led to Democratic leaders amplifying their calls for greater restrictions on guns, while Republicans are emphasizing more security at schools.
The divide mirrors a partisan split that has stymied action in Congress and many state capitols over how best to respond to a record-high number of gun-related deaths in the U.S.
It was unclear what prompted the deadly assault in Tulsa, Dalgleish said. Authorities later executed a search warrant at a home in Muskogee, about 45 miles (70 kilometers) southeast of Tulsa, in connection with the investigation, police said.
“It appears both weapons at one point or another were fired on the scene,” Dalgleish said. “The officers who arrived were hearing shots in the building, and that’s what led them to the second floor.”
Police responded to the call about three minutes after dispatchers received the report at 4:52 p.m. and made contact with the gunman roughly five minutes later, at 5:01 p.m. Dalgleish said.
“I was very happy with what we know so far regarding the response of our officers,” Dalgleish said.
The length of time it took police officers in Uvalde to engage the gunman during last week’s deadly school shooting in Texas has become a key focus of that investigation. Officers waited over an hour to breach the classroom where the gunman attacked.
Tulsa Police Capt. Richard Meulenberg also said multiple people were wounded and that the medical complex was a “catastrophic scene.” The exact number of wounded was not immediately available.
Police and hospital officials said they were not ready to identify the dead.
St. Francis Health System locked down its campus Wednesday afternoon because of the situation at the Natalie Medical Building, which houses outpatient clinics and other medical offices.
“This campus is sacred ground for our community,” said Tulsa Mayor G.T. Bynum. “For decades, this campus has been a place where heroes come to work every day to save the lives of people in our community.”
Bynum added: “Right now, my thoughts are with the victims. If we want to have a policy discussion, that is something to be had in the future, but not tonight.”
Philip Tankersley, 27, was leaving his father’s room at nearby Saint Francis Hospital around 5 p.m., when hospital staff said there was an active shooter in the building across the street, locked the doors and warned them to stay away from the windows.
Tankersley said he and his mother sheltered in his father’s hospital room for more than an hour, trying to learn scraps of information from the TV news and passing nurses. He said they heard “code silver” and “level 1 trauma” announced on the hospital speakers and wondered if they were safe in the room.
“I wasn’t particularly worried because the two people that I need to look out for were in that same room as me,” he said. “But it was definitely a ‘this is happening here’ moment.”
The shooting Wednesday also comes just more than two weeks after shooting at a Buffalo supermarket by a white man who is accused of killing 10 Black people in a racist attack. The recent Memorial Day weekend saw multiple mass shootings nationwide, including at an outdoor festival in Taft, Oklahoma, 45 miles from Tulsa, even as single-death incidents accounted for most gun fatalities.
Since January, there have been 12 shootings where four or more people have been killed, according to The Associated Press/USA TODAY/Northeastern University mass killing database. Those shootings have left 76 dead, including 31 adults and children in Buffalo and Texas, the database says. The death toll does not include the suspects in the shootings.
___
Jill Bleed in Little Rock, Arkansas, Jake Bleiberg in Dallas and Mike Balsamo in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/02/gunman-kills-4-mass-shooting-tulsa-medical-building/ | 2022-06-02T14:49:50Z |
New data shows gains for Black and Asian women, but none for Latinx or Indigenous women
BOSTON, July 7, 2022 /PRNewswire/ -- Newly released data by the Eos Foundation's Women's Power Gap Campaign reveals that since 2018 the number of women presidents in the state has plateaued at 34%, just 1% more than when the study began. In the same time period, the number of women of color presidents has doubled from 6% to 12% and the number of women board chairs increased from 27% to 37%. However, no women presidents have been Latinx or Indigenous. All advancement for women of color is represented by the appointments of one multiracial, three Asian and six Black women presidents.
The Women's Power Gap Campaign began tracking top leadership in higher education institutions throughout the Commonwealth in 2018. This report, The Massachusetts College and University Presidents & Board Chairs 2022 Diversity Progress Snapshot, shows we have made some significant progress but still have far to go. Of note:
- In 2019, community colleges reached gender parity with 53% having women presidents but now just 36% have women leaders. Women comprise 47% of board chairs at these same institutions.
- At the state's most elite research universities (R1 classification), there are zero women presidents. Women chair three of eight boards at R1s, an increase from zero in 2018.
- Across all institutions, women board chairs increased from 27% to 37%.
"After four years, we expected to see more progress overall for women. Women make up 57% of higher education students in Massachusetts and have been getting the majority of PhDs for nearly two decades. We should already have achieved gender parity among presidents, but instead we have hit a ceiling. The news is especially troubling among the most elite and powerful research universities, where none of the eight schools has a woman at the helm," said Andrea Silbert, President of the Eos Foundation. "While the state has made significant progress among board chairs, the keys to the corner office are still elusive for women, especially women of color. One of the most concerning things we witness is what we call the "one and done" phenomenon, where institutions have one woman president and then go back to business as usual. They need to keep their foot on the pedal! It's critical that the ever-increasing diversity of student populations at our colleges and universities is reflected in leadership. And we must work with deep intention to elevate Latinx or Indigenous women."
There are 11 opportunities on the horizon to advance women higher education leaders in the Commonwealth, including four recent presidential resignations at R1* institutions.
Massachusetts institutions conducting presidential searches include Assumption College, Bay State College, Emerson College, Harvard University*, Massachusetts Institute of Technology*, Mount Holyoke College, Roxbury Community College, Smith College, Tufts University*, University of Massachusetts Amherst* and Worcester Polytechnic Institute. Tufts and the University of Massachusetts Amherst have never had a permanent woman president.
About the Women's Power Gap Campaign at the Eos Foundation: The Women's Power Gap Campaign aims to radically increase the number of women from diverse backgrounds among CEO and C-suite leaders nationally. We conduct and commission actionable research on prominent sectors of the economy and measure the extent of the power and pay gaps at the company or institutional level to highlight those making fast progress, and those falling behind.
Media Contact:
Alex Forero
aforero@thecastlegrp.com
562.552.7726
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SOURCE Eos Foundation | https://www.kxii.com/prnewswire/2022/07/07/womens-power-gap-campaigns-annual-progress-report-reveals-stalled-progress-overall-number-women-presidents-massachusetts-colleges-universities/ | 2022-07-07T12:29:09Z |
LONDON (AP) — British has bought another 100,000 doses of vaccine to stop monkeypox as the number of cases across the country has risen to more than 2,130, the majority of them in London, officials said Tuesday.
Britain’s Health Security Agency said while the epidemic is expanding, the majority of cases “continue to be in gay, bisexual and other men who have sex with men, with the infection being passed on mainly through close contact between people in interconnected sexual networks.”
Scientists previously said there was no evidence of monkeypox spreading beyond those limited networks.
Monkeypox can infect anyone who has close, physical contact with an infected individual or the person’s clothing or bedsheets, regardless of sexual orientation.
Last month, British authorities expanded their vaccination strategy, offering vaccines not only to health workers treating monkeypox patients and high-risk contacts of patients, but to some men who are gay or bisexual and at high risk of catching the virus, including those with multiple sexual partners or who participate in group sex.
Officials also dropped a recommendation for the contacts of monkeypox cases to isolate for three weeks unless they have symptoms. The change was prompted by data showing that only a small number of contacts are ultimately sickened by monkeypox and a lack of evidence that the disease spreads without close, intimate or sexual contact.
However, health authorities urged people to remain vigilant for any signs of the disease, including a fever, headache or rash.
“Monkeypox is still a serious public health challenge, and we urge contacts to take a break from any activities or events involving skin to skin contact, including sex, hugging and kissing, to reduce the risk of the virus being passed on unknowingly,” said Dr Merav Kliner of the Health Security Agency.
The agency said it expected the first additional doses of vaccine to arrive this month, with the rest being delivered in September. The vaccine, made by Bavarian Nordic, was developed for smallpox, a related disease, and is thought to be about 85% effective against monkeypox.
Earlier this month, British scientists estimated the monkeypox outbreak was doubling about every two weeks, although many cases are likely being missed due to insufficient testing.
The disease has been endemic in parts of Central and West Africa for decades but had not been known to cause large outbreaks elsewhere until May. Since then, infections have been reported in nearly 70 countries, mostly in people without travel links to Africa.
Experts think the surge of cases across Europe was likely triggered by sex at raves in Belgium and Spain and that the disease was likely spreading undetected for months or years.
The World Health Organization plans to convene its emergency committee Thursday to weigh for the second time in weeks whether the outbreak merits being declared a global emergency. | https://cw33.com/health/ap-health/uk-buys-more-vaccines-for-monkeypox-as-cases-top-2100/ | 2022-07-20T16:25:30Z |
Arrival of former Tencent Games and Red Bull executive comes as company prepares to scale player acquisition
CALGARY, AB and ISLE OF MAN, July 5, 2022 /PRNewswire/ - Real Luck Group Ltd. (TSX.V: LUCK) (OTCQB: LUKEF) (the "Company") and its subsidiary companies doing business as "Luckbox" (the "Group"), an award-winning provider of licensed esports betting, sports betting and casino games, announces the appointment of Daniel Sanders as Director of Marketing.
Mr Sanders's previous positions include Senior Global Marketing Lead at Tencent Games and Head of Esports and Gaming Marketing at Red Bull. He was also previously a manager and player with renowned esports organization Dignitas. He will be responsible for leading Luckbox's marketing strategy as the Company looks to accelerate player acquisition through the second half of 2022, a key component for driving organic revenue growth this year.
Real Luck Group CEO Thomas Rosander said: "This is a crucial position that completes the building of our core leadership team. This role requires a rare skill set that we have been working diligently to recruit for several months and we are very pleased to attract an individual of Daniel's caliber to help accelerate our player growth strategy.
"Dan brings genuine esports authenticity along with proven marketing credentials and he will play an important role in our long-term mission to position Luckbox as a leading brand at the intersection of gambling, esports and gaming. His arrival enhances our leadership team's wealth of experience in scaling users and revenues in the gambling industry.
"As part of our team, he will utilize the sophisticated business intelligence and customer relationship management infrastructure that we put in place over the past year, as we aim to embark on meaningful player acquisition campaigns for the first time in the Company's history.
"Dan's efforts to bring the Luckbox brand to a new generation of players will be supported by the continued deployment of the Company's affiliate strategy, building out a growing network of player referral sites, attracting high-value traffic to our casino product with the aim of driving near-term revenue growth.
"We are confident our strategy gives us a unique advantage against a backdrop of soaring player acquisition costs currently affecting the sector. We have the resources to scale our marketing efforts and deliver on our growth strategy deep into 2023."
The Company announces it has granted Mr. Sanders 250,000 stock options under the Company's stock option plan to the directors, employees officers and consultants of the Company at a price of C$0.10 per stock option, representing the closing price of the Company's shares on July 4, 2022, exercisable for a period of 3 years from the date of grant; vesting 10% immediately, 10% six months from the date of grant and 20% every six months after that.
Luckbox is an award-winning next-generation gaming platform that offers legal, real-money betting, live streams, and statistics on all major esports, as well as sports betting and casino games on desktop and mobile devices. Luckbox is owned by Real Luck Group, listed on the Toronto Venture Exchange (TSXV: LUCK) and OTC (OTCQB: LUKEF). Luckbox's proprietary tech stack is built by a team combining gambling industry experience and a passion for gaming and esports, allowing the company to benefit from superior business intelligence and player acquisition, while providing players with an industry-leading betting user experience and betting offer. Luckbox is live in more than 80 territories worldwide and holds a B2C and B2B gambling license under the Online Gambling Regulation Act (OGRA), issued by the Isle of Man Gaming Supervision Commission. Luckbox is committed to supporting responsible gambling.
Follow Luckbox on Twitter / Facebook / LinkedIn
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain "forward-looking statements" and "forward-looking information" within the meaning of applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and other similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events such statements and information other than as required by applicable laws, rules and regulations.
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SOURCE Real Luck Group Ltd. | https://www.wibw.com/prnewswire/2022/07/05/real-luck-group-appoints-director-marketing-complete-leadership-team/ | 2022-07-05T13:11:58Z |
Which Britax booster seats are best?
Kids grow fast, and during those early years, it seems like you’re constantly having to buy new accessories and equipment. One of those pieces of equipment that can creep up on you is a booster seat, which you’ll need to purchase when your child outgrows their car seat.
Safety is a priority, and you’ll want a product you can trust. Britax is a brand known for making quality products, and they have a line of booster seats that can fit your needs. The best booster seat for you will be determined by the age, height and weight of your child. However, an all-around top pick is the Britax Grow with You ClickTight Plus Harness-2 Booster.
What to know before you buy a Britax booster seat
When to switch to a booster seat
Every child is different, but you want to keep your child in a traditional, forward-facing car seat with a harness until they surpass the height and weight limit. That’s when they should graduate to a booster seat.
Laws vary per state, but some require a child to be seated in a booster seat until 8 years old. Also, keep in mind that most car seat belts won’t properly fit passengers any shorter than 4 foot 9 inches, so a booster seat is necessary until your child meets the height requirements.
Placement
You always want to put your booster seat in the back. In some states, it’s illegal for a child to sit in a booster seat in the front. If the center rear seat has a three-point seat belt, that is the safest place in the car for a booster seat. However, if it only has a lap belt, it’s best to opt for either the left or right rear seat.
What to look for in a Britax booster seat
Types of booster seat
- High back booster seat: This is similar to a forward-facing child seat, and sometimes, they are one in the same. Some have a three-point harness, others a five-point harness and some can be used with the seat belt.
- Backless booster seat: This is exactly what it sounds like: a booster seat that doesn’t offer back support. It’s the next step up when your child outgrows a high-back booster. These are ideal for older kids, and they are less expensive.
Machine washable cover
Kids make a mess, and that includes when they’re in the car. Luckily, you can at least keep the booster seat clean because most Britax models come with a detachable cover that is machine washable.
How much you can expect to spend on a Britax booster seat
A Britax booster seat is on a mid- to high-level price point for booster seats. Depending on the features, benefits and size of the booster seat, it can cost you between $75-$350.
Britax booster seat FAQ
Can my booster seat be passed down to my other children?
A. Yes! But safety standards change, and booster seats have an expiration date of about 6 years. You should always check the sticker on the side of the booster seat to verify the exact date it expires. If you are under the 6-year mark, the seat has never been in an accident and it is in good shape, it is safe to pass down to your other children.
Should I purchase a used booster seat?
A. Maybe. A used booster seat should only be purchased if you are very familiar with the previous owners and absolutely positive the seat was not involved in any accidents. If you cannot verify that information, we do not recommend you purchase a used booster seat. It’s not worth the risk.
What are the best Britax booster seats to buy?
Top Britax booster seat
Britax Grow with You ClickTight Plus Harness-2 Booster
What you need to know: This top-of-the-line booster seat is loaded with safety features, including a five-point harness and additional cushions that help protect your child’s neck, head and torso.
What you’ll love: This booster easily transitions from toddler to big kid with the ability to sit in both front-facing harness mode and belt-positioning mode. The ClickTight attachment systems can give you confidence that your child is buckled in correctly. It has just three simple steps: open, thread and buckle and close.
What you should consider: Some users have noted that the straps can be difficult to tighten.
Where to buy: Buy Buy Baby
Top Britax booster seat for the money
Britax Skyline 2-Stage Belt-Positioning Booster Seat
What you need to know: This budget-friendly model offers comfort and safety for children 40-120 pounds.
What you’ll love: This dual-use booster seat can convert from high-back to backless, depending on your child’s size. This easy-to-remove fabric cover is machine washable for easy laundering, while the cupholders are dishwasher safe.
What you should consider: Customers have noted that the headrest is not as durable and stable as other models.
Where to buy: Sold by Amazon and Buy Buy Baby
Worth checking out
Britax Highpoint 2-Stage Belt-Positioning Booster Seat
What you need to know: This mid-range booster seat is loaded with top-notch comfort features for children of all sizes.
What you’ll love: You’ll love that your child is completely safe with the three layers of side impact protection from the foam-lined headrest, impact-absorbing shell and external cushioning. This model easily converts from a high-back position to a backless booster, depending on your little one’s age and size.
What you should consider: This booster seat is not compatible with cars with a protruding headrest. Verify the booster seat correctly fits in any car that the seat will be used before purchasing.
Where to buy: Sold by Amazon and Buy Buy Baby
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/baby-kids-br/high-chairs-booster-seats-br/best-britax-booster-seat/ | 2022-07-08T07:19:52Z |
KANSAS CITY, Mo. (AP) — The Kansas City Royals spent Thursday patching up a roster missing 10 players barred from traveling to Toronto because of their COVID-19 vaccination status while trying to smooth over their damaged image among fans.
Among the nearly 40% of players on the 26-man roster who were left home were All-Star outfielder Andrew Benintendi, two-time All-Star Whit Merrifield, future cornerstones Kyle Isbel and MJ Melendez and outfielder Michael A. Taylor.
Merrifield was the most expansive among the seven players who discussed their decision Wednesday, claiming “the vaccine, what it’s supposed to do, it’s not doing. If it was doing what it was supposed to do and stopping the spread of COVID (then) I would have a little more willingness to take it, but it’s not doing that.”
While it’s true that people who are vaccinated can still get infected, research has shown that inoculation is effective at preventing severe disease, hospitalization and death.
Merrifield then drew the ire of Royals fans when he said, “Something happens and I happen to get on a team that has a chance to go play in Canada in the postseason, maybe that changes” — which many in Kansas City took to mean he won’t get vaccinated for his current team but is open to doing it for a contender.
“You wish he could have said what he needed to say or wanted to say differently,” Royals manager Mike Matheny said before Thursday’s game. “That happens, unfortunately. Every time we get in this scenario there’s a risk of something not being said the way you wanted to. But once that’s done, you need to move forward, and there’s some work to be done.”
Merrifield is a two-time All-Star who has spent his entire career with Kansas City, debuting with the Royals in 2016.
“What he’s done is remarkable, the kind of player he’s been for this organization and will continue to be,” Matheny said. “There’s just things at times where we’ve got to work around mistakes.”
Royals president Dayton Moore also defended Merrifield earlier Thursday during an interview with local talk radio. “He was caught in a situation where it just didn’t come out right. … He’s very sorry for what he said.”
Later in the day, the club tweeted: “The Royals have hosted multiple free COVID-19 vaccine events for the community and encourage all to be vaccinated and safe so we can live our fullest lives, in and away from the ballpark.”
The post included a link to the Centers for Disease Control and Prevention website, which says vaccines are proven “to reduce the risk of COVID-19, including the risk of severe illness and death among people who are fully vaccinated.” But new omicron variants are driving COVID-19 hospital admissions and deaths higher in recent weeks.
It’s been an embarrassing two days for a franchise trying to build goodwill for a new downtown ballpark — with major public funding — but is struggling with fan apathy. There were just 11,016 on hand for the Royals’ win over Detroit on Wednesday, dragging their season average down to 15,768, better than four other clubs.
“We’ve always been an organization that promotes and encourages individual choices,” said Moore, who insisted the Royals’ medical staff, coaches and front office have tried to educate players about the efficacy of vaccines.
“Unfortunately, some of this affects the team,” Moore said. “We’re disappointed in some of that.”
Like Merrifield, Benintendi and Taylor are potential trade pieces for the last-place club, and their vaccination status might impact what kind of return Kansas City could expect for them ahead of the Aug. 2 trade deadline.
“For me, it was a personal decision,” Benintendi said, “and I’m going to leave it at that.”
The other Royals players barred from making the trip to Toronto were first baseman Hunter Dozier, right-handed starters Brad Keller and Brady Singer, reliever Dylan Coleman and backup catcher Cam Gallagher.
Pitching coach Cal Eldred, assistant hitting coach Keoni De Renne and bullpen catcher Parker Morin also did not travel, while Triple-A Omaha manager Scott Thorman was brought along to assist Matheny’s staff.
There had been 25 players all season placed on MLB’s restricted list for being unvaccinated before the 10 from Kansas City, and the most any team had been without was four. All but two of the 35 were born in the U.S.
The Royals players will forfeit four days of pay and major league service time in accordance with the terms of MLB’s collective bargaining agreement. That means they will collectively lose $726,128 in salary, headlined by Benintendi losing $186,813, Merrifield losing $153,846, Keller losing $106,044 and Dozier and Taylor losing $98,901 apiece.
“We’ve talked to these guys,” Dozier said of his vaccinated teammates. “They’re not judging us at all.”
Nevertheless, they’re left to play alongside minor leaguers in their last series before the All-Star break.
The Royals recalled infielder Nick Pratto and purchased the contracts of infielders Nate Eaton and Michael Massey, catcher Freddy Fermin and outfielder Brewer Hicklen from Triple-A Omaha on Thursday. They also recalled infielder Maikel Garcia, catcher Sebastian Rivero and left-hander Angel Zerpa from Double-A Northwest Arkansas.
“Any time you get an opportunity to play the game that you’ve dreamed of since you were 4 years old, it’s a dream come true,” Hicklen said. “All of us are just embracing the moment, taking advantage of it.”
Rivero has appeared in 20 games over the past two seasons, Zerpa has made two career appearances and Hicklen struck out in his first two big league at-bats in May. The rest have yet to make their major league debut, though Pratto was in the starting lineup at first base and Eaton in center field with Zerpa on the mound for Thursday night’s series opener.
The moves left Kansas City with two roster spots they will be able to fill this weekend.
“I think it would be absolutely accurate to say that this group sees it as an underdog situation,” Matheny said. “I don’t know if that’s realistic or not. We have good players. They don’t have the major league experience, but there’s guys that have got major league ability. I’m excited to see how it plays out.”
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AP freelance writer Ian Harrison in Toronto contributed to this report.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/royals-patching-up-roster-for-toronto-image-among-fans/ | 2022-07-15T19:06:51Z |
Backed by a new round of capital, Duckbill aims high to be a dominant player in the domestic container trucking market
BEIJING, July 22, 2022 /PRNewswire/ -- Chinese digital container logistic platform Duckbill announced today the completion of a Series C financing round valued at CNY 330 million (around USD 48.85 million). This round was led by the SAIC-CICC private equity fund. Existing shareholders including Shunwei Capital, Future Capital and Furong Capital continued to pump money into this deal.
The startup will use the fresh funds to support the ongoing research and development of digitalization in container land transportation, business expansion to more ports across China, and optimization of service, the statement reported.
A latecomer, but a quick grower
Founded in 2017 and headquartered in large-port megacity Shanghai, Duckbill is an innovator in the container trucking industry, with branches and services in all the main ports in China, including Shanghai, Ningbo, Shenzhen, Qingdao, Guangzhou and Tianjin — they are also parts of the world's top 10 busiest ports in terms of container throughputs in 2021.
Although it is only a five-year-old startup, Duckbill has previously closed six rounds of funding since its inception, snagging a total of approximately USD 200 million from a bunch of notable venture capital firms. They include Singapore's state-owned investor Temasek and growth-stage venture investor Pavilion Capital Partners. Within this frame of reference, Duckbill is the most promising drayage servicer in China.
The company has long specialized in the international freight container business — a more complex but lucrative niche market — and redefined it via its state-of-the-art algorithm-empowered software and management system. Meanwhile, with a team of experienced IT professionals from the shipping logistics industry featuring deep insights and superb execution skills, giving this trucking service platform featuring intelligent dispatching and transportation management an unparalleled advantage in upgrading the whole chain of container transportation through digital systems.
There is no doubt that Duckbill, a latecomer to the industry, has made tremendous strides in its first five-year journey.
According to the official website, it garnered the crown in terms of trucking capacity and scale, with over 2,100 trucks under control and about 13,000 partnered vehicles by the end of 2021. The volume of orders topped 1.1 million TEU (twenty-foot equivalent unit) containers in the past year accordingly, 54 times larger than that of 2017, with a compounded annual growth rate (CAGR) of 172.3% from 2017 to 2021, putting it stands heads and shoulders above other competitors in China in this regard.
However, Duckbill's ambitions go much further than that.
It is accelerating its path of expansion actively to cover four more ports this year, namely Lianyungang, Nantong, Qinzhou and Haikou. Moreover, it also plans to build a fleet of more than 10,000 trucks serving globally by 2025; in its envisioned future, orders will accordingly enlarge over six times the size of its current operations.
The scale of its business is matched by a large number of high-profile clients. The company's official website shows that it currently ships over 100,000 foreign trade factories and serves more than 9,000 companies, including Shanghai-based logistics giant Sinotrans, China Merchants Group-backed Sinotrans (SH:601598; 0598:HK), state-owned COSCO Shipping, home appliance supplier Midea (SZ:000333) and Alibaba's logistics arm Cainiao.
Digitalization: There is hope
As with all startups EqualOcean covers, we care most about future opportunities and the potential of rising stars. Through an in-depth analysis of the company, we find a keyword in Duckbill's success — digitalization.
China's foreign trade volume stood at USD 6.05 billion in 2021, up 30.1% year-on-year despite the COVID-19 pandemic continuing to weigh on global trade, official data from the General Administration of Customs (GAC) showed earlier this year.
Buoyant exports have become the backbone of China's economy, for sure; however, with rising domestic labor costs, the labor-intensive manufacturing sector is falling out of favor with developed economies. The pandemic has accelerated this shift even more, with Southeast Asia, Africa and South America becoming more preferable options. Vietnam, for example, reported upward Q1 economic figures and promising outlook when China was fighting with Omicron flare-ups in major manufacturing hubs like Shanghai.
At the same time, the game of great powers as well as the continued industrial transformation and upgrading have all contributed to a weakening of the momentum of China's foreign exports.
"This trend is irreversible. We deeply believe that in the medium to long term, the sustainable growth for the container trucking industry pivots on utilizing digitalization and mobile interconnection to accelerate industry integration, carrying out scale operation, reducing operating costs while enhancing the customers' experiences," said Duckbill, who has faith in this assertion and been decisively engaged in it. The paperless campaign that has been vigorously promoted in recent years has further strengthened the industrial base in building a digital truck land transportation industry.
In fact, the whole world is going digital, and not just shipping. Since 2016, the world's largest container firm Maersk, SIPG (SH:600018), China Merchants Group, China COSCO and a slew of others logistics companies have put forward a vision for the development of digital transformation. While only until recent years, the urgency is being rapidly amplified.
It follows that the company attaches great importance to research and development along with technological transformation, the proportion of R&D personnel reached 30% as of the end of 2021, with dozens of in-house intellectual property rights annually.
The company's self-developed intelligent transportation service platform www.yazuishou.com provides international clients and freight forwarders a fully online, instantaneous, complete freight management system that offers immediate quotations, bookings, inspection services plus real-time 24/7 shipment track and trace under 'EXWLocal Manager.' It guarantees visible, reliable and efficient transportation services in the whole process of cross-border transportation from factories to targeted ports. Such certainty is even more crucial in the current VUCA world — volatile, uncertain, complex, and ambiguous — and is then only available in a technology-driven company like Duckbill via its forward-looking strategies.
When it comes to the internal data center, its dispatching system, transportation management and risk control system are also noteworthy. Based on big data, Chinese satellite navigation system Beidou as well as AI-powered algorithms, Duckbill enables intelligent dispatching and real-time dynamic supervision of trucks on the run. Instantaneous data exchange also creates positive synergies in processes of transportation, loading, terminal release and customs clearance. Highly granular customer data analysis is another highlight of its digitalization solutions, which enables Duckbill to maximize user contributions, helping it to personalize its services, identify and fill in the gaps in its current operational capabilities.
In addition to its ongoing digital enhancements to optimize customer experience, Duckbill also values its freight drivers truly. It has launched a one-stop service terminal for container truck drivers named Future Truck Boss, a 'freight version' of Chinese ride-hailing giant Didi's app. The mobile app provides drivers with a series of after-vehicle services such as pick-ups, collaboration, billing and refueling, which greatly lowers the thresholds for drivers to enter the industry, saves time and boosts efficiency. At the same instant, thanks to Duckbill's intelligent dispatching algorithms and 7/24 manual support, drivers on the platform can also enjoy a stable, standardized and guaranteed workflow. This is something not offered by Duckbill's rivals in the traditional trucking industry.
Tang Hongbin, the founder of Duckbill, told EqualOcean that the rational and effective application of new technology is the strongest driver of the industry. "We have made digitization our core competency at the current stage and continued to optimize customer service in exchange for a higher level of trust."
Rosy future ahead
China overtook the United States as the world's largest trader in goods for the first time in 2013, and even in the eventful 2021, China still maintained that lead.
The fact that container land transportation between factories and domestic ports is entirely undertaken by domestic freighters has created the largest as well as the most geographically concentrated niche market in the world. According to the Ministry of Transport, the container handling volume at China's ports stood at 282.72 million TEUs in 2021, which gives the A-level player Duckbill in this segment a large growth potential.
"Looking ahead, we must embrace new technologies such as autonomous driving to strengthen our overwhelming advantages," added Tang, whose team also eyes on the research and development of autonomous driving in port scenarios with a CNY 200 billion market cap. Currently, Duckbill is incubating its sub-brand BOOM, with plans to have a production model off the line by 2024 and mass production capability by 2025. "We expect auto-driving to reshape the economic model of the container logistics industry."
The fully-automated logistic plant with zero carbon emissions is also on its list, which is designed to improve both security and efficiency via intelligent algorithms and big data analysis. It would also be a showcase for Duckbill's social responsibility.
At present, Duckbill gets further ahead of its challengers in a number of key indicators, including fleet size, transport flexibility and visibility, fulfillment capacity and the volume of orders. It is telling a new story to the capital markets: starting from container trucking, it is heading towards the prosperous track of building a closed-loop for the whole on-land logistics market.
This path contains sizable opportunities, although Duckbill's future may not always be roses and rainbows; maybe, long-termism is the best answer.
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SOURCE Duckbill | https://www.wibw.com/prnewswire/2022/07/22/chinas-digitized-container-duckbill-speeds-up-faster-smarter/ | 2022-07-22T17:49:50Z |
GAUHATI, India (AP) — Fresh rain and falling boulders on Saturday hampered rescuers who have so far pulled out 26 bodies from the debris of a mudslide that wiped out a railroad construction site in India’s northeast, officials said.
Rescue work is expected to continue for a couple of days in rugged hilly terrain with little hope of finding survivors among 37 people still missing since Wednesday night.
Pankaj Kavidayal, a rescue official, said 21 of the confirmed 26 dead were members of the Territorial Army. Army personnel had been providing security for the railway officials because of a decades-old insurgency seeking a separate homeland for ethnic and tribal groups in the area.
More than 250 soldiers, rescuers and police using bulldozers and other equipment were involved in the operation in Noney, a town near Imphal, the capital of Manipur state. They have been cautioned about fresh mudslides reported in the region on Saturday.
Excavators were also used to search for bodies in a river.
Thirteen soldiers and five civilians have been rescued from the debris of the entirely swept away railroad station, staff residential quarters and other infrastructure that was being built, Kavidayal said. Continuous rainfall over the past three weeks has wreaked havoc across India’s northeast — eight states and 45 million people — and neighboring Bangladesh.
An estimated 200 people have been killed in heavy downpours and mudslides in states including Assam, Manipur, Tripura and Sikkim, while 42 have died in Bangladesh since May 17. Hundreds of thousands have been displaced.
Scientists say climate change is a factor behind the erratic, early rains that triggered unprecedented floods. Monsoon rains in South Asia typically begin in June, but torrential rain lashed northeastern India and Bangladesh as early as March this year.
With rising global temperatures due to climate change, experts say the monsoon season is becoming more variable, meaning that much of the rain that would typically fall throughout the season arrives in a shorter period. | https://cw33.com/news/international/ap-international/rescuers-recover-26-dead-from-mudslide-in-indias-northeast/ | 2022-07-02T21:46:29Z |
IRVINE, Calif., Aug. 12, 2022 /PRNewswire/ -- Southern California private equity firm IRA Capital ("IRA" or the "Company") today announced the promotion of Daniel Sitz and Azhar Jameeli to the roles of Managing Director, as well as the addition of Austin Lee as Senior Associate.
- Azhar Jameeli's promotion to the role of Managing Director reflects his leadership responsibility for the Company's senior housing, medical office, and life science acquisition and investment activities. Mr. Jameeli works across healthcare investments, with a focus on the senior housing segment.
- Daniel Sitz's promotion to Managing Director, Asset Management reflects his responsibility for the oversight of the Company's current portfolio. "Daniel's contributions over the years have been essential to the growth of the Company," said Samir Patel, Co-Founder at IRA Capital. "He has played a lead role in our most significant business ventures and relationships, and we are pleased to recognize his contributions with this promotion."
IRA is also pleased to announce that Austin Lee has joined the Company to assist in the investment and asset management activities related to the Company's senior housing strategy. Prior to IRA, he worked at Healthpeak REIT and has completed over $500M of real estate transactions over his career.
"We're privileged to work with these high-caliber industry professionals," added Patel. "With the right leadership and talent, we are well-positioned to continue our growth strategy at the Company and creating long-term value for all of our stakeholders."
IRA has aggressive growth plans with 70% of its capital allocation going towards medical office, life science, and seniors housing. The Company continues to be one of the most active buyers of healthcare real estate in the country. IRA is also continuing to make venture investments in companies that focus on healthcare operations, medical devices, technology, consumer products, and media/entertainment.
IRA Capital is a Southern-California based private equity firm founded in 2010 by partners Amer Kasm, Samir Patel, Jay Gangwal, Amer Malas, and Mohannad Malas. IRA invests capital for its own account and on behalf of its co-investment partners, which include pension funds, institutions, and family offices. Headquartered in Irvine California, IRA has acquired over seven million square feet of property in 30 states, with a total capitalization greater than $3 Billion.
Danielle de Souza, IRA Capital Corporate Communications
ddesouza@iracapital.com / 949.612.2742
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SOURCE IRA Capital | https://www.mysuncoast.com/prnewswire/2022/08/12/ira-capital-continues-growth-its-team-through-promotion-new-hires/ | 2022-08-13T01:14:42Z |
DALLAS (KDAF) — Residents in parts of North Texas are being asked to conserve water until Wednesday, July 20, after an area water treatment plant had to cease production unexpectedly.
The North Texas Municipal Water District announced on July 16 that the Wylie Water Treatment Plant Complex is undergoing critical maintenance as peak water demands have impacted the plant’s ability to efficiently process water.
“This call to action is due to water production quantity, and not water quality – the water is safe to drink and use,” as stated in the district’s news release.
The district supplies water to communities across Collin Rockwall, North Dallas and Kaufman counties. Parts of some adjacent counties are also served by the district as well.
For the full news release, click here. | https://cw33.com/news/local/north-texas-municipal-water-district-asks-people-to-conserve-water-while-treatment-plant-undergoes-maintenance/ | 2022-07-18T20:35:49Z |
- Cybersecurity business achieved record revenue and EBITDA since being acquired by WELL Health.
- Iain Paterson has been appointed to the position of WELL's Chief Information Security Officer, from his prior role as CEO of Cycura Data Protection Services.
- Peter Giannoulis, Founder and CEO of Cycura's wholly owned Source 44 subsidiary will now lead combined operations and is expanding the company's capabilities as the need for data protection grows in the healthcare industry.
- Founder and CEO, Hamed Shahbazi provides details on family, tax and estate planning related to WELL shares.
VANCOUVER, BC, July 8, 2022 /PRNewswire/ - WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (the "Company" or "WELL") — a practitioner focused digital health company that is positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to provide a business update on its cybersecurity business.
WELL's wholly owned cybersecurity businesses, Cycura and Source 44, achieved record revenue in Q2-2022, an increase of 240% compared to the same period a year ago. This growth has been driven by an increasing customer base and by an expansion of services offered to its customers. Both factors are driven by the increased need and complexity of cybersecurity in data-sensitive industries like healthcare.
"We at WELL believe cybersecurity and patient data protection is one of our top priorities" said Amir Javidan, Chief Operating Officer of WELL. "WELL and its subsidiaries have made significant investments in this area, and we look forward to providing more Canadian healthcare practitioners with the country's most comprehensive security solution for outpatient medical clinics."
WELL also announces the appointment of Iain Paterson to the position of Chief Information Security Officer of WELL. Iain Paterson was previously the CEO of Cycura which was acquired by WELL in August 2020. Prior to Cycura, Iain worked under the office of the CISO at eHealth Ontario, which houses the healthcare records of 13M Ontario citizens and acts as the main data share for most of Ontario's hospitals. Prior to that Iain was the Information Security Officer for Trillium Health Partners, one of the largest hospitals in Canada.
Mr. Paterson commented, "I am delighted to lead WELL's considerable and comprehensive information security efforts. We take cybersecurity protection and patient data privacy very seriously across all our businesses and the protection of data security is one of WELL's top priorities as a business as reflected in the Company's recently released ESG report."
Peter Giannoulis, the Founder and CEO of Source 44, which was acquired by WELL in Dec 2020, has been appointed the new CEO of Cycura. Mr. Giannoulis founded Source 44 thirteen years ago and grew it into one of Canada's prominent providers of cybersecurity products and services. Source 44 has been a strong performer in WELL's portfolio and has continued to grow.
Mr. Giannoulis commented, "I am excited to expand my responsibilities and lead Cycura's overall business activities. We have an outstanding opportunity to make a positive impact on the healthcare industry at a sensitive time where we believe there is a lot of patient data at risk in clinics across the country."
Canadian healthcare is becoming an increasingly large target for cyber attacks, with 48% of all security breaches in Canada in 2021 directed at healthcare, a 37% increase from 2020. WELL has seen an increasing number of its customers who are experiencing cyber attacks. While compliant EMR systems generally do a decent job protecting patient data, other software or hardware being used in a clinical environment may not be protected to the same degree. In response, WELL is expanding its Incident Response offering and is actively working with healthcare clinics to implement enterprise-grade cybersecurity solutions through SecureSolutionsNow, a new offering that is assisting healthcare providers across Canada and the USA in protecting personal health information. For more information, please visit securesolutionsnow.com.
Cycura is now also providing customers with both 'hacker' and 'defender' capabilities, giving them the full spectrum of cyber capabilities for customers of all sizes. This offering can also be fully integrated with the rest of WELL's practitioner enablement platforms.
Hamed Shahbazi, WELL's Founder, Chairman and CEO today announced that he has indirectly transferred through Impactreneur Capital Corp., a company controlled by him, 6 million WELL shares to a family trust for family, tax, and estate planning purposes. The transferred shares represent approximately 27.8% of the total WELL securities owned directly or indirectly by Mr. Shahbazi. Mr. Shahbazi is neither a beneficiary nor trustee of the family trust. Also, as part of his overall tax and estate planning strategy, Mr. Shahbazi exercised 1.7 million stock options that were set to expire in the next 12 months.
Hamed Shahbazi commented, "WELL's business is stronger than it's ever been. Despite the current macro-economic conditions our business remains resilient. Upon much consultation with advisors, I have transferred a portion of my WELL shares to a family trust and exercised my expiring stock options strictly for estate and tax planning purposes. I remain one of the largest single shareholders of the Company and continue to be highly aligned for WELL's continued value creation journey."
Per: "Hamed Shahbazi"
Hamed Shahbazi
Chief Executive Officer, Chairman and Director
WELL is a practitioner focused digital health company whose overarching objective is to positively impact health outcomes to empower and support healthcare practitioners and their patients. WELL has built an innovative practitioner enablement platform that includes comprehensive end to end practice management tools inclusive of virtual care and digital patient engagement capabilities as well as Electronic Medical Records (EMR), Revenue Cycle Management (RCM) and data protection services. WELL uses this platform to power healthcare practitioners both inside and outside of WELL's own omni-channel patient services offerings. As such, WELL owns and operates Canada's largest network of outpatient medical clinics serving primary and specialized healthcare services and is the provider of a leading multi-national, multi-disciplinary telehealth offering. WELL is publicly traded on the Toronto Stock Exchange under the symbol "WELL" and trades on the OTCQX under the symbol "WHTCF". To learn more about the Company, please visit: www.well.company.
This news release may contain "Forward-Looking Information" within the meaning of applicable Canadian securities laws, including, without limitation: WELL's founder, director, and CEO's intentions. Forward-Looking Information is based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-Looking Information generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-Looking Information involves known and unknown risks, uncertainties and other factors that may cause future results, performance, or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by such Forward Looking Information and, which are not guarantees of future performance. WELL's statements expressed or implied by Forward Looking Information are subject to a number of risks, uncertainties, and conditions, many of which are outside of WELL 's control, and undue reliance should not be placed on such statements. Forward-Looking is Information qualified in its entirety by inherent risks and uncertainties, including: direct and indirect material adverse effects from the COVID-19 pandemic; adverse market conditions; risks inherent in the primary healthcare sector in general; regulatory and legislative changes; that future results may vary from historical results; inability to obtain any requisite future financing on suitable terms; any inability to realize the expected benefits and synergies of acquisitions; that market competition may affect the business, results and financial condition of WELL and other risk factors identified in documents filed by WELL under its profile at www.sedar.com, including its most recent Annual Information Form. Except as required by securities law, WELL does not assume any obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise.
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SOURCE WELL Health Technologies Corp. | https://www.wibw.com/prnewswire/2022/07/08/well-health-provides-update-cybersecurity-unit-shareholder-estate-planning-by-ceo/ | 2022-07-08T11:43:50Z |
NEW YORK, June 14, 2022 /PRNewswire/ -- Stroock & Stroock & Lavan is proud to congratulate Freepoint on the successful closing of a $2.63 billion revolving bank facility, further strengthening the company's financial position.
With this closing, Freepoint expanded the list of assets it could borrow against by adding several types of emissions credits, including those traded in the US as well as those traded in certain European markets.
A team of Stroock attorneys led by Partners Marvin J. Goldstein and Christopher J. Doyle along with Of Counsel Richard L. Fried advised Freepoint throughout the negotiation of the deal.
Goldstein, Doyle and Fried's team was comprised of Associates Katherine Nuñez and Marc J. Orlando and Law School Graduate Carmen A. Otey, with additional support provided by Partners Jason T. Kuzma and John F. Pierce.
"We are extremely appreciative of the longstanding support and loyalty of our lender group," says David A. Messer, Freepoint's CEO, in a press release. "Our refinancing was once again over-subscribed, demonstrating our lenders' ongoing commitment to our business as we continue to grow our global platform."
Click here to read the full press release from Freepoint.
Founded in 2011, Freepoint is based in Stamford, CT with over 500 employees worldwide. Freepoint is a global commodities merchant of physical commodities providing customers with physical supply and logistics chain management and services, together with eco-friendly products and solutions.
Stroock & Stroock & Lavan provides strategic transactional, regulatory, and litigation advice to advance the business objectives of leading financial institutions, multinational corporations, and entrepreneurial businesses in the U.S. and globally. With a rich history dating back over 140 years, the firm has offices in New York, Los Angeles, Miami and Washington, D.C.
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SOURCE Stroock & Stroock & Lavan LLP | https://www.mysuncoast.com/prnewswire/2022/06/14/stroock-guides-freepoints-263b-revolver-deal/ | 2022-06-14T22:35:10Z |
INDIANAPOLIS, Sept. 7, 2022 /PRNewswire/ -- Eli Lilly and Company (NYSE: LLY) today announced that data from studies of Verzenio® (abemaciclib) and Retevmo® (selpercatinib) will be presented at the 2022 European Society for Medical Oncology (ESMO) Congress, to be held September 9-13, 2022.
Presentation Highlights
Verzenio (abemaciclib)
Lilly will present interim overall survival results from the double-blind, randomized Phase 3 MONARCH 3 study of Verzenio in hormone receptor-positive (HR+), human epidermal growth factor receptor 2-negative (HER2-) advanced breast cancer as well as final overall survival results from the Phase 2 monarcHER study in HR+, HER2+ advanced breast cancer.
Retevmo (selpercatinib)
Lilly will present longer-term follow-up data for patients with medullary thyroid cancer (MTC) and data on the continuation of Retevmo beyond progression in patients with rearranged during transfection (RET) fusion-positive non-small cell lung cancer (NSCLC) from the Retevmo LIBRETTO-001 trial.
A list of the presentations, along with their viewing details, is shared below.
About Verzenio® (abemaciclib)
Verzenio® (abemaciclib) is a targeted treatment known as a CDK4/6 inhibitor. Verzenio is a nonchemotherapy oral tablet.
Verzenio works inside the cell to block CDK4/6 activity and help stop the growth of cancer cells so that they may eventually die (based on preclinical studies). Cyclin-dependent kinases (CDK)4/6 are activated by binding to D-cyclins. In estrogen receptor-positive (ER+) breast cancer cell lines, cyclin D1 and CDK4/6 promote phosphorylation of the retinoblastoma protein (Rb), cell cycle progression and cell proliferation.
In vitro, continuous exposure to Verzenio inhibited Rb phosphorylation and blocked progression from G1 to S phase of the cell cycle, resulting in senescence and apoptosis (cell death). Preclinically, Verzenio dosed daily without interruption resulted in reduction of tumor size. Inhibiting CDK4/6 in healthy cells can result in side effects, some of which may be serious. Clinical evidence also suggests that Verzenio crosses the blood-brain barrier. In patients with advanced cancer, including breast cancer, concentrations of Verzenio and its active metabolites (M2 and M20) in cerebrospinal fluid are comparable to unbound plasma concentrations.
Verzenio is Lilly's first solid oral dosage form to be made using a faster, more efficient process known as continuous manufacturing. Continuous manufacturing is a new and advanced type of manufacturing within the pharmaceutical industry, and Lilly is one of the first companies to use this technology.
INDICATIONS FOR VERZENIO®
Verzenio® (abemaciclib) in combination with endocrine therapy (ET) is indicated for the adjuvant treatment of adult patients with hormone receptor-positive (HR+), human epidermal growth factor receptor 2-negative (HER2-), node-positive, early breast cancer (EBC) at high risk of recurrence and a Ki-67 score of ≥20%, as determined by a U.S. Food and Drug Administration (FDA)-approved test.
Verzenio is also indicated for the treatment of HR+, HER2- advanced or metastatic breast cancer:
- In combination with ET (tamoxifen or an aromatase inhibitor) for the adjuvant treatment of adult patients with HR+, HER2-, node-positive, EBC at high risk of recurrence and a Ki-67 score ≥20% as determined by an FDA-approved test
- In combination with an aromatase inhibitor as initial ET for the treatment of postmenopausal women, and men, with HR+, HER2- advanced or metastatic breast cancer
- In combination with fulvestrant for the treatment of adult patients with HR+, HER2- advanced or metastatic breast cancer with disease progression following ET
- As monotherapy for the treatment of adult patients with HR+, HER2- advanced or metastatic breast cancer with disease progression following ET and prior chemotherapy in the metastatic setting
About Retevmo® (selpercatinib)
Retevmo® (selpercatinib, formerly known as LOXO-292) (pronounced reh-TEHV-moh) is a selective and potent rearranged during transfection (RET) kinase inhibitor. Retevmo may affect both tumor cells and healthy cells, which can result in side effects. RET-driver alterations are predominantly mutually exclusive from other oncogenic drivers. Retevmo is a U.S. Food and Drug Administration (FDA)-approved oral prescription medicine, 120 mg or 160 mg dependent on weight (<50 kg or ≥50 kg, respectively), taken twice daily until disease progression or unacceptable toxicity. Continued approval may be contingent upon verification and description of clinical benefit in confirmatory trials.
INDICATIONS FOR RETEVMO®
Retevmo® is indicated for the treatment of adult patients with metastatic RET fusion-positive non-small cell lung cancer (NSCLC) and the treatment of adult and pediatric patients 12 years of age and older with advanced or metastatic RET-mutant medullary thyroid cancer (MTC) who require systemic therapy or with advanced or metastatic RET fusion-positive thyroid cancer who require systemic therapy and are radioactive iodine-refractory (if radioactive iodine is appropriate). Retevmo was approved under the FDA's Accelerated Approval regulations based on the LIBRETTO-001 Phase 1/2 trial's endpoints of overall response rate (ORR) and duration of response (DoR).
IMPORTANT SAFETY INFORMATION FOR VERZENIO (abemaciclib)
Severe diarrhea associated with dehydration and infection occurred in patients treated with Verzenio. Across four clinical trials in 3691 patients, diarrhea occurred in 81 to 90% of patients who received Verzenio. Grade 3 diarrhea occurred in 8 to 20% of patients receiving Verzenio. Most patients experienced diarrhea during the first month of Verzenio treatment. The median time to onset of the first diarrhea event ranged from 6 to 8 days; and the median duration of Grade 2 and Grade 3 diarrhea ranged from 6 to 11 days and 5 to 8 days, respectively. Across trials, 19 to 26% of patients with diarrhea required a Verzenio dose interruption and 13 to 23% required a dose reduction.
Instruct patients to start antidiarrheal therapy, such as loperamide, at the first sign of loose stools, increase oral fluids, and notify their healthcare provider for further instructions and appropriate follow-up. For Grade 3 or 4 diarrhea, or diarrhea that requires hospitalization, discontinue Verzenio until toxicity resolves to ≤Grade 1, and then resume Verzenio at the next lower dose.
Neutropenia, including febrile neutropenia and fatal neutropenic sepsis, occurred in patients treated with Verzenio. Across four clinical trials in 3691 patients, neutropenia occurred in 37 to 46% of patients receiving Verzenio. A Grade ≥3 decrease in neutrophil count (based on laboratory findings) occurred in 19 to 32% of patients receiving Verzenio. Across trials, the median time to first episode of Grade ≥3 neutropenia ranged from 29 to 33 days, and the median duration of Grade ≥3 neutropenia ranged from 11 to 16 days. Febrile neutropenia has been reported in <1% of patients exposed to Verzenio across trials. Two deaths due to neutropenic sepsis were observed in MONARCH 2. Inform patients to promptly report any episodes of fever to their healthcare provider.
Monitor complete blood counts prior to the start of Verzenio therapy, every 2 weeks for the first 2 months, monthly for the next 2 months, and as clinically indicated. Dose interruption, dose reduction, or delay in starting treatment cycles is recommended for patients who develop Grade 3 or 4 neutropenia.
Severe, life-threatening, or fatal interstitial lung disease (ILD) or pneumonitis can occur in patients treated with Verzenio and other CDK4/6 inhibitors. In Verzenio-treated patients in EBC (monarchE), 3% of patients experienced ILD or pneumonitis of any grade: 0.4% were Grade 3 or 4 and there was one fatality (0.1%). In Verzenio-treated patients in MBC (MONARCH 1, MONARCH 2, MONARCH 3), 3.3% of Verzenio-treated patients had ILD or pneumonitis of any grade: 0.6% had Grade 3 or 4, and 0.4% had fatal outcomes. Additional cases of ILD or pneumonitis have been observed in the postmarketing setting, with fatalities reported.
Monitor patients for pulmonary symptoms indicative of ILD or pneumonitis. Symptoms may include hypoxia, cough, dyspnea, or interstitial infiltrates on radiologic exams. Infectious, neoplastic, and other causes for such symptoms should be excluded by means of appropriate investigations. Dose interruption or dose reduction is recommended in patients who develop persistent or recurrent Grade 2 ILD or pneumonitis. Permanently discontinue Verzenio in all patients with Grade 3 or 4 ILD or pneumonitis.
Grade ≥3 increases in alanine aminotransferase (ALT) (2 to 6%) and aspartate aminotransferase (AST) (2 to 3%) were reported in patients receiving Verzenio. Across three clinical trials in 3559 patients (monarchE, MONARCH 2, MONARCH 3), the median time to onset of Grade ≥3 ALT increases ranged from 57 to 87 days and the median time to resolution to Grade <3 was 13 to 14 days. The median time to onset of Grade ≥3 AST increases ranged from 71 to 185 days and the median time to resolution to Grade <3 ranged from 11 to 15 days.
Monitor liver function tests (LFTs) prior to the start of Verzenio therapy, every 2 weeks for the first 2 months, monthly for the next 2 months, and as clinically indicated. Dose interruption, dose reduction, dose discontinuation, or delay in starting treatment cycles is recommended for patients who develop persistent or recurrent Grade 2, or any Grade 3 or 4 hepatic transaminase elevation.
Venous thromboembolic events (VTE) were reported in 2 to 5% of patients across three clinical trials in 3559 patients treated with Verzenio (monarchE, MONARCH 2, MONARCH 3). VTE included deep vein thrombosis, pulmonary embolism, pelvic venous thrombosis, cerebral venous sinus thrombosis, subclavian and axillary vein thrombosis, and inferior vena cava thrombosis. In clinical trials, deaths due to VTE have been reported in patients treated with Verzenio.
Verzenio has not been studied in patients with early breast cancer who had a history of VTE. Monitor patients for signs and symptoms of venous thrombosis and pulmonary embolism and treat as medically appropriate. Dose interruption is recommended for EBC patients with any grade VTE and for MBC patients with a Grade 3 or 4 VTE.
Verzenio can cause fetal harm when administered to a pregnant woman, based on findings from animal studies and the mechanism of action. In animal reproduction studies, administration of abemaciclib to pregnant rats during the period of organogenesis caused teratogenicity and decreased fetal weight at maternal exposures that were similar to the human clinical exposure based on area under the curve (AUC) at the maximum recommended human dose. Advise pregnant women of the potential risk to a fetus. Advise females of reproductive potential to use effective contraception during treatment with Verzenio and for 3 weeks after the last dose. Based on findings in animals, Verzenio may impair fertility in males of reproductive potential. There are no data on the presence of Verzenio in human milk or its effects on the breastfed child or on milk production. Advise lactating women not to breastfeed during Verzenio treatment and for at least 3 weeks after the last dose because of the potential for serious adverse reactions in breastfed infants.
The most common adverse reactions (all grades, ≥10%) observed in monarchE for Verzenio plus tamoxifen or an aromatase inhibitor vs tamoxifen or an aromatase inhibitor, with a difference between arms of ≥2%, were diarrhea (84% vs 9%), infections (51% vs 39%), neutropenia (46% vs 6%), fatigue (41% vs 18%), leukopenia (38% vs 7%), nausea (30% vs 9%), anemia (24% vs 4%), headache (20% vs 15%), vomiting (18% vs 4.6%), stomatitis (14% vs 5%), lymphopenia (14% vs 3%), thrombocytopenia (13% vs 2%), decreased appetite (12% vs 2.4%), ALT increased (12% vs 6%), AST increased (12% vs 5%), dizziness (11% vs 7%), rash (11% vs 4.5%), and alopecia (11% vs 2.7 %).
The most frequently reported ≥5% Grade 3 or 4 adverse reaction that occurred in the Verzenio arm vs the tamoxifen or an aromatase inhibitor arm of monarchE were neutropenia (19.6% vs 1%), leukopenia (11% vs <1%), diarrhea (8% vs 0.2%), and lymphopenia (5% vs <1%).
Lab abnormalities (all grades; Grade 3 or 4) for monarchE in ≥10% for Verzenio plus tamoxifen or an aromatase inhibitor with a difference between arms of ≥2% were increased serum creatinine (99% vs 91%; .5% vs <.1%), decreased white blood cells (89% vs 28%; 19.1% vs 1.1%), decreased neutrophil count (84% vs 23%; 18.7% vs 1.9%), anemia (68% vs 17%; 1% vs .1%), decreased lymphocyte count (59% vs 24%; 13.2 % vs 2.5%), decreased platelet count (37% vs 10%; .9% vs .2%), increased ALT (37% vs 24%; 2.6% vs 1.2%), increased AST (31% vs 18%; 1.6% vs .9%), and hypokalemia (11% vs 3.8%; 1.3% vs 0.2%).
The most common adverse reactions (all grades, ≥10%) observed in MONARCH 3 for Verzenio plus anastrozole or letrozole vs anastrozole or letrozole, with a difference between arms of ≥2%, were diarrhea (81% vs 30%), fatigue (40% vs 32%), neutropenia (41% vs 2%), infections (39% vs 29%), nausea (39% vs 20%), abdominal pain (29% vs 12%), vomiting (28% vs 12%), anemia (28% vs 5%), alopecia (27% vs 11%), decreased appetite (24% vs 9%), leukopenia (21% vs 2%), creatinine increased (19% vs 4%), constipation (16% vs 12%), ALT increased (16% vs 7%), AST increased (15% vs 7%), rash (14% vs 5%), pruritus (13% vs 9%), cough (13% vs 9%), dyspnea (12% vs 6%), dizziness (11% vs 9%), weight decreased (10% vs 3.1%), influenza-like illness (10% vs 8%), and thrombocytopenia (10% vs 2%).
The most frequently reported ≥5% Grade 3 or 4 adverse reactions that occurred in the Verzenio arm vs the placebo arm of MONARCH 3 were neutropenia (22% vs 1%), diarrhea (9% vs 1.2%), leukopenia (7% vs <1%)), increased ALT (6% vs 2%), and anemia (6% vs 1%).
Lab abnormalities (all grades; Grade 3 or 4) for MONARCH 3 in ≥10% for Verzenio plus anastrozole or letrozole with a difference between arms of ≥2% were increased serum creatinine (98% vs 84%; 2.2% vs 0%), decreased white blood cells (82% vs 27%; 13% vs 0.6%), anemia (82% vs 28%; 1.6% vs 0%), decreased neutrophil count (80% vs 21%; 21.9% vs 2.6%), decreased lymphocyte count (53% vs 26%; 7.6% vs 1.9%), decreased platelet count (36% vs 12%; 1.9% vs 0.6%), increased ALT (48% vs 25%; 6.6% vs 1.9%), and increased AST (37% vs 23%; 3.8% vs 0.6%).
The most common adverse reactions (all grades, ≥10%) observed in MONARCH 2 for Verzenio plus fulvestrant vs fulvestrant, with a difference between arms of ≥2%, were diarrhea (86% vs 25%), neutropenia (46% vs 4%), fatigue (46% vs 32%), nausea (45% vs 23%), infections (43% vs 25%), abdominal pain (35% vs 16%), anemia (29% vs 4%), leukopenia (28% vs 2%), decreased appetite (27% vs 12%), vomiting (26% vs 10%), headache (20% vs 15%), dysgeusia (18% vs 2.7%), thrombocytopenia (16% vs 3%), alopecia (16% vs 1.8%), stomatitis (15% vs 10%), ALT increased (13% vs 5%), pruritus (13% vs 6%), cough (13% vs 11%), dizziness (12% vs 6%), AST increased (12% vs 7%), peripheral edema (12% vs 7%), creatinine increased (12% vs <1%), rash (11% vs 4.5%), pyrexia (11% vs 6%), and weight decreased (10% vs 2.2%).
The most frequently reported ≥5% Grade 3 or 4 adverse reactions that occurred in the Verzenio arm vs the placebo arm of MONARCH 2 were neutropenia (25% vs 1%), diarrhea (13% vs 0.4%), leukopenia (9% vs 0%), anemia (7% vs 1%), and infections (5.7% vs 3.5%).
Lab abnormalities (all grades; Grade 3 or 4) for MONARCH 2 in ≥10% for Verzenio plus fulvestrant with a difference between arms of ≥2% were increased serum creatinine (98% vs 74%; 1.2% vs 0%), decreased white blood cells (90% vs 33%; 23.7% vs .9%), decreased neutrophil count (87% vs 30%; 32.5% vs 4.2%), anemia (84% vs 34%; 2.6% vs .5%), decreased lymphocyte count (63% vs 32%; 12.2% vs 1.8%), decreased platelet count (53% vs 15%; 2.1% vs 0%), increased ALT (41% vs 32%; 4.6% vs 1.4%), and increased AST (37% vs 25%; 3.9% vs 4.2%).
The most common adverse reactions (all grades, ≥10%) observed in MONARCH 1 with Verzenio were diarrhea (90%), fatigue (65%), nausea (64%), decreased appetite (45%), abdominal pain (39%), neutropenia (37%), vomiting (35%), infections (31%), anemia (25%), thrombocytopenia (20%), headache (20%), cough (19%), constipation (17%), leukopenia (17%), arthralgia (15%), dry mouth (14%), weight decreased (14%), stomatitis (14%), creatinine increased (13%), alopecia (12%), dysgeusia (12%), pyrexia (11%), dizziness (11%), and dehydration (10%).
The most frequently reported ≥5% Grade 3 or 4 adverse reactions from MONARCH 1 with Verzenio were diarrhea (20%), neutropenia (24%), fatigue (13%), and leukopenia (5%).
Lab abnormalities (all grades; Grade 3 or 4) for MONARCH 1 with Verzenio were increased serum creatinine (99%; .8%), decreased white blood cells (91%; 28%), decreased neutrophil count (88%; 26.6%), anemia (69%; 0%), decreased lymphocyte count (42%; 13.8%), decreased platelet count (41%; 2.3%), increased ALT (31%; 3.1%), and increased AST (30%; 3.8%).
Strong and moderate CYP3A inhibitors increased the exposure of abemaciclib plus its active metabolites to a clinically meaningful extent and may lead to increased toxicity. Avoid concomitant use of ketoconazole. Ketoconazole is predicted to increase the AUC of abemaciclib by up to 16-fold. In patients with recommended starting doses of 200 mg twice daily or 150 mg twice daily, reduce the Verzenio dose to 100 mg twice daily with concomitant use of strong CYP3A inhibitors other than ketoconazole. In patients who have had a dose reduction to 100 mg twice daily due to adverse reactions, further reduce the Verzenio dose to 50 mg twice daily with concomitant use of strong CYP3A inhibitors. If a patient taking Verzenio discontinues a strong CYP3A inhibitor, increase the Verzenio dose (after 3 to 5 half-lives of the inhibitor) to the dose that was used before starting the inhibitor. With concomitant use of moderate CYP3A inhibitors, monitor for adverse reactions and consider reducing the Verzenio dose in 50 mg decrements. Patients should avoid grapefruit products.
Avoid concomitant use of strong or moderate CYP3A inducers and consider alternative agents. Coadministration of strong or moderate CYP3A inducers decreased the plasma concentrations of abemaciclib plus its active metabolites and may lead to reduced activity.
With severe hepatic impairment (Child-Pugh C), reduce the Verzenio dosing frequency to once daily. The pharmacokinetics of Verzenio in patients with severe renal impairment (CLcr <30 mL/min), end stage renal disease, or in patients on dialysis is unknown. No dosage adjustments are necessary in patients with mild or moderate hepatic (Child-Pugh A or B) and/or renal impairment (CLcr ≥30-89 mL/min).
Please see full Prescribing Information for Verzenio.
AL HCP ISI 12OCT2021
IMPORTANT SAFETY INFORMATION FOR RETEVMO® (selpercatinib)
Hepatotoxicity: Serious hepatic adverse reactions occurred in 2.6% of patients treated with Retevmo. Increased aspartate aminotransferase (AST) occurred in 51% of patients, including Grade 3 or 4 events in 8% and increased alanine aminotransferase (ALT) occurred in 45% of patients, including Grade 3 or 4 events in 9%. The median time to first onset for increased AST was 4.1 weeks (range: 5 days to 2 years) and increased ALT was 4.1 weeks (range: 6 days to 1.5 years). Monitor ALT and AST prior to initiating Retevmo, every 2 weeks during the first 3 months, then monthly thereafter and as clinically indicated. Withhold, reduce dose or permanently discontinue Retevmo based on the severity.
Hypertension occurred in 35% of patients, including Grade 3 hypertension in 17% and Grade 4 in one (0.1%) patient. Overall, 4.6% had their dose interrupted and 1.3% had their dose reduced for hypertension. Treatment-emergent hypertension was most commonly managed with anti-hypertension medications. Do not initiate Retevmo in patients with uncontrolled hypertension. Optimize blood pressure prior to initiating Retevmo. Monitor blood pressure after 1 week, at least monthly thereafter, and as clinically indicated. Initiate or adjust anti-hypertensive therapy as appropriate. Withhold, reduce dose, or permanently discontinue Retevmo based on the severity.
Retevmo can cause concentration-dependent QT interval prolongation. An increase in QTcF interval to >500 ms was measured in 6% of patients and an increase in the QTcF interval of at least 60 ms over baseline was measured in 15% of patients. Retevmo has not been studied in patients with clinically significant active cardiovascular disease or recent myocardial infarction. Monitor patients who are at significant risk of developing QTc prolongation, including patients with known long QT syndromes, clinically significant bradyarrhythmias, and severe or uncontrolled heart failure. Assess QT interval, electrolytes and TSH at baseline and periodically during treatment, adjusting frequency based upon risk factors including diarrhea. Correct hypokalemia, hypomagnesemia and hypocalcemia prior to initiating Retevmo and during treatment. Monitor the QT interval more frequently when Retevmo is concomitantly administered with strong and moderate CYP3A inhibitors or drugs known to prolong QTc interval. Withhold and dose reduce or permanently discontinue Retevmo based on the severity.
Serious, including fatal, hemorrhagic events can occur with Retevmo. Grade ≥3 hemorrhagic events occurred in 2.3% of patients treated with Retevmo including 3 (0.4%) patients with fatal hemorrhagic events, including one case each of cerebral hemorrhage, tracheostomy site hemorrhage, and hemoptysis. Permanently discontinue Retevmo in patients with severe or life-threatening hemorrhage.
Hypersensitivity occurred in 4.3% of patients receiving Retevmo, including Grade 3 hypersensitivity in 1.6%. The median time to onset was 1.7 weeks (range 6 days to 1.5 years). Signs and symptoms of hypersensitivity included fever, rash and arthralgias or myalgias with concurrent decreased platelets or transaminitis. If hypersensitivity occurs, withhold Retevmo and begin corticosteroids at a dose of 1 mg/kg prednisone (or equivalent). Upon resolution of the event, resume Retevmo at a reduced dose and increase the dose of Retevmo by 1 dose level each week as tolerated until reaching the dose taken prior to onset of hypersensitivity. Continue steroids until patient reaches target dose and then taper. Permanently discontinue Retevmo for recurrent hypersensitivity.
Tumor lysis syndrome (TLS) occurred in 1% of patients with medullary thyroid carcinoma receiving Retevmo. Patients may be at risk of TLS if they have rapidly growing tumors, a high tumor burden, renal dysfunction, or dehydration. Closely monitor patients at risk, consider appropriate prophylaxis including hydration, and treat as clinically indicated.
Impaired wound healing can occur in patients who receive drugs that inhibit the vascular endothelial growth factor (VEGF) signaling pathway. Therefore, Retevmo has the potential to adversely affect wound healing. Withhold Retevmo for at least 7 days prior to elective surgery. Do not administer for at least 2 weeks following major surgery and until adequate wound healing. The safety of resumption of Retevmo after resolution of wound healing complications has not been established.
Based on data from animal reproduction studies and its mechanism of action, Retevmo can cause fetal harm when administered to a pregnant woman. Administration of selpercatinib to pregnant rats during organogenesis at maternal exposures that were approximately equal to those observed at the recommended human dose of 160 mg twice daily resulted in embryolethality and malformations. Advise pregnant women of the potential risk to a fetus. Advise females of reproductive potential and males with female partners of reproductive potential to use effective contraception during treatment with Retevmo and for at least 1 week after the final dose. There are no data on the presence of selpercatinib or its metabolites in human milk or on their effects on the breastfed child or on milk production. Because of the potential for serious adverse reactions in breastfed children, advise women not to breastfeed during treatment with Retevmo and for 1 week after the final dose.
Severe adverse reactions (Grade 3-4) occurring in ≥15% of patients who received Retevmo in LIBRETTO-001, were hypertension (18%), prolonged QT interval (4%), diarrhea (3.4%), dyspnea (2.3%), fatigue (2%), abdominal pain (1.9%), hemorrhage (1.9%), headache (1.4%), rash (0.7%), constipation (0.6%), nausea (0.6%), vomiting (0.3%), and edema (0.3%).
Serious adverse reactions occurred in 33% of patients who received Retevmo. The most frequently reported serious adverse reaction (in ≥ 2% of patients) was pneumonia.
Fatal adverse reactions occurred in 3% of patients; fatal adverse reactions which occurred in >1 patient included sepsis (n=3), cardiac arrest (n=3) and respiratory failure (n=3).
Common adverse reactions (all grades) occurring in ≥15% of patients who received Retevmo in LIBRETTO-001, were dry mouth (39%), diarrhea (37%), hypertension (35%), fatigue (35%), edema (35%), rash (27%), constipation (25%), nausea (23%), abdominal pain (23%), headache (23%), cough (18%), prolonged QT interval (17%), dyspnea (16%), vomiting (15%), and hemorrhage (15%).
Laboratory abnormalities (all grades; Grade 3-4) ≥20% worsening from baseline in patients who received Retevmo in LIBRETTO-001, were AST increased (51%; 8%), ALT increased (45%; 9%), increased glucose (44%; 2.2%), decreased leukocytes (43%; 1.6%), decreased albumin (42%; 0.7%), decreased calcium (41%; 3.8%), increased creatinine (37%; 1.0%), increased alkaline phosphatase (36%; 2.3%), decreased platelets (33%; 2.7%), increased total cholesterol (31%; 0.1%), decreased sodium (27%; 7%), decreased magnesium (24%; 0.6%), increased potassium (24%; 1.2%), increased bilirubin (23%; 2.0%), and decreased glucose (22%; 0.7%).
Concomitant use of acid-reducing agents decreases selpercatinib plasma concentrations which may reduce Retevmo anti-tumor activity. Avoid concomitant use of proton-pump inhibitors (PPIs), histamine-2 (H2) receptor antagonists, and locally-acting antacids with Retevmo. If coadministration cannot be avoided, take Retevmo with food (with a PPI) or modify its administration time (with a H2 receptor antagonist or a locally-acting antacid).
Concomitant use of strong and moderate CYP3A inhibitors increases selpercatinib plasma concentrations which may increase the risk of Retevmo adverse reactions including QTc interval prolongation. Avoid concomitant use of strong and moderate CYP3A inhibitors with Retevmo. If concomitant use of a strong or moderate CYP3A inhibitor cannot be avoided, reduce the Retevmo dosage as recommended and monitor the QT interval with ECGs more frequently.
Concomitant use of strong and moderate CYP3A inducers decreases selpercatinib plasma concentrations which may reduce Retevmo anti-tumor activity. Avoid coadministration of Retevmo with strong and moderate CYP3A inducers.
Concomitant use of Retevmo with CYP2C8 and CYP3A substrates increases their plasma concentrations which may increase the risk of adverse reactions related to these substrates. Avoid coadministration of Retevmo with CYP2C8 and CYP3A substrates where minimal concentration changes may lead to increased adverse reactions. If coadministration cannot be avoided, follow recommendations for CYP2C8 and CYP3A substrates provided in their approved product labeling.
The safety and effectiveness of Retevmo have not been established in pediatric patients less than 12 years of age. The safety and effectiveness of Retevmo have been established in pediatric patients aged 12 years and older for medullary thyroid cancer (MTC) who require systemic therapy and for advanced RET fusion-positive thyroid cancer who require systemic therapy and are radioactive iodine-refractory (if radioactive iodine is appropriate). Use of Retevmo for these indications is supported by evidence from adequate and well-controlled studies in adults with additional pharmacokinetic and safety data in pediatric patients aged 12 years and older. Monitor open growth plates in adolescent patients. Consider interrupting or discontinuing Retevmo if abnormalities occur.
No dosage modification is recommended for patients with mild to severe renal impairment (estimated Glomerular Filtration Rate [eGFR] ≥15 to 89 mL/min, estimated by Modification of Diet in Renal Disease [MDRD] equation). A recommended dosage has not been established for patients with end-stage renal disease.
Reduce the dose when administering Retevmo to patients with severe hepatic impairment (total bilirubin greater than 3 to 10 times upper limit of normal [ULN] and any AST). No dosage modification is recommended for patients with mild or moderate hepatic impairment. Monitor for Retevmo-related adverse reactions in patients with hepatic impairment.
Please see full Prescribing Information for Retevmo.
SE HCP ISI All_25MAR2021
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 USA, LLC 2022. ALL RIGHTS RESERVED.
Verzenio® and Retevmo® are trademarks owned by or licensed to Eli Lilly and Company, its subsidiaries, or affiliates.
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 Verzenio and Retevmo as potential treatments for people with various types of cancer and the timeline for future readouts, presentations, and other milestones relating to Verzenio and Retevmo and their clinical trials, and reflects Lilly's current beliefs and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there is no guarantee that planned or ongoing studies will be completed as planned, that future study results will be consistent with study results to date, that Verzenio and Retevmo will prove to be safe and effective treatments for certain types of cancer, that Verzenio and Retevmo will receive additional regulatory approvals, or that Lilly will execute its strategy as expected. For further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
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SOURCE Eli Lilly and Company | https://www.wibw.com/prnewswire/2022/09/07/lilly-announces-details-presentations-esmo-congress-2022/ | 2022-09-07T22:47:54Z |
HANGZHOU, China, Aug. 25, 2022 /PRNewswire/ -- Hangzhou Tigermed Consulting Co., Ltd. ("Tigermed" or the "company") (Stock code: 300347.SZ / 3347.HK), a leading global provider of integrated research and development solutions for biopharmaceutical and medical device industry, announced its interim results for the first half of 2022, ended June 30, 2022 (the "Reporting Period").
This press release is for information and summary only and is not intended to provide any representation, in whole or in part, of the relevant matters. For further information, please refer to the 2022 interim results and relevant announcements published on the websites of the Shenzhen Stock Exchange (www.szse.cn) and the Stock Exchange of Hong Kong (www.hkexnews.hk).
All financials disclosed in this press release are prepared based on International Financial Reporting Standards (IFRS) except for those specifically noted otherwise. The 2022 Interim Results of the company has not been audited.
First Half 2022 Financial Highlights
- Total revenue achieved 74.8% year-over-year ("YoY") growth to RMB 3,594.2 million during the Reporting Period.
- Adjusted Non-IFRS net profit attributable to owners increased by 26.6% YoY to RMB 876.5 million during the Reporting Period(1).
- Segment revenue generated from Clinical Trial Solutions reached RMB 2,172.1 million and that from Clinical-related and Lab Services reached RMB 1,422.1 million, representing a YoY growth of 110.1% and 39.0%, respectively.
- Geographically, China's revenue increased by 51.3% YoY to RMB 1,680.8 million. The company overseas revenue increased by 102.3% YoY to RMB 1,913.4 million during the Reporting Period.
As of June 30, 2022, Tigermed had 607 ongoing drug clinical research projects, including 207 overseas projects, and 403 ongoing medical device projects(2). During the reporting period, Tigermed Regulatory Affairs had 1,124 accumulated projects, meanwhile, the number of new US FDA-related projects increased by 67%. As of June 30, 2022, Tigermed Pharmacovigilance added 177 new projects. Our Medical Translation business ranked 57th globally (5th in Chinese Mainland and 15th in Asia Pacific) in the 2022 CSA Research Largest Language Service Providers Ranking(3).
As of June 30, 2022, total number of Data Management & Statistical Analysis ("DMSA") customers increased to 208, which is also the largest DMSA service provider in China with 13.4% market share(4). Besides, Tigermed had 1,469 ongoing projects for Site Management services and 164 E-site centers as well as 67 core centers for Excellent for Clinical Trial Sites ("E-Site").
Frontage expanded bioanalytical, biologics bioassay, and biomarker services through a newly operational 25,000 sq. ft. facility in Hayward, CA. Frontage new facilities in Shanghai, Suzhou, and Wuhan for bioanalytical, central lab, DMPK, medicinal chemistry, non-GLP/GLP tox, and drug screening became operational in 1H2022.
During the reporting period, Tigermed continued to strengthen its industry leadership in the Clinical Service Market. According to Frost & Sullivan, Tigermed had the largest market share of 12.5% in China's clinical outsourcing market in 2021(5). Moreover, Tigermed is the only China-based clinical service provider ranked among the global top 10 with a 1.3% market share in 2021(5). Tigermed provided services to 56.6% of all Class I innovative drug approvals in China from 2016 to 1H2022, and enabled successful approvals of 4 Class I innovative drugs in 1H 2022. Furthermore, Tigermed accounted for 12.5% of total Human Genetic Resource Administration of China (HGRAC) clinical research project filings in 2021-1H2022(6).
During the reporting period, Tigermed expanded its global footprint. As of June 30, 2022, Tigermed had 26 overseas subsidiaries and set up new subsidiaries in UK, Netherland, and Vietnam in 1H2022, representing a worldwide network in 53 countries across 5 continents. With the global presence and expertise, Tigermed acquired more than 50 new bookings for overseas clinical trials and registration projects as of June 30, 2022.
Tigermed was rated AAA, the highest ranking, in 2022 CNI ESG Ratings by Shenzhen Stock Exchange, which showcased the company's strong commitment to embedding sound sustainability and ESG practices into corporate strategy. In addition, Tigermed updated its Branding Positioning, adhering to the mission "Advance human health through delivery excellence" with a new brand identity "Passion for Innovation", which better demonstrated Tigermed international CRO brand image in all aspects and will take Tigermed forward to the future.
Management Comment
"In the first half of 2022, Tigermed achieved robust growth in business performance, which were driven by our successful implementation of globalization, digitalization, and innovation-driven strategy, despite the challenges posed by the COVID-19 pandemic," said Ms. Xiaochun Cao, the President of Tigermed. "We will continue to leverage our competitive advantage of global clinical service capabilities and empower pharmaceutical innovation. Looking ahead, we will continue to build on our integrated platform to enable boundless possibilities for healthcare innovation, and to fulfill our commitment to serve unmet medical needs and save patients' lives."
Forward-Looking Statements
The information communicated herein may contain certain "forward-looking statements", which are not historical facts but instead include predictions about future events based on our beliefs and information currently made available to us. Although we believe that these predictions are reasonable on the date hereof, future events are inherently uncertain and these forward-looking statements may turn out to be incorrect. Forward-looking statements involve risk and uncertainty by nature because they relate to events and will depend on circumstances that will occur in the future relating to, inter alia, our ability to compete effectively, our ability to develop and market new service offerings, our ability to expand into new markets, the risks associated with listed subsidiaries of the Company, unforeseeable international tensions, regulatory or governmental scrutiny in certain countries, the impact of emergencies and other force majeure events. We undertake no obligations to update forward-looking statements or to adapt them to future events or developments except as required by applicable laws or listing rules. Any investment in any securities issued by the Company or its subsidiaries will also involve certain risks. There may be additional material risks that are currently not considered to be material or of which the Company and its advisors or representatives are unaware. Against the background of these uncertainties, you should not rely on these forward-looking statements.
Non-IFRS Measure
To supplement our financial information which are presented in accordance with IFRS, we use adjusted net profit attributable to owners of the Company as an additional financial measure, which is not required by, or presented in accordance with IFRS. We define adjusted net profit attributable to owners of the Company as profit for the year attributable to owners of the Company before certain expenses and amortization. We define adjusted net profit attributable to owners of the Company as profit attributable to owners of the Company adjusted for (1) share-based compensation expense, (2) net foreign exchange loss/(gain), (3) amortization of intangible assets arising from acquisitions, (4) listing expenses incurred by our Group, and (5) increase in fair value of financial assets at FVTPL. Adjusted net profit attributable to owners of the Company is not an alternative to (i) profit before tax, profit for the year or profit for the year attributable to owners of the Company (as determined in accordance with IFRS) as a measure of our operating performance, (ii) cash flows from operating, investing and financing activities as a measure of our ability to meet our cash needs, or (iii) any other measures of performance or liquidity. We believe that this non-IFRS measure is useful for understanding and assessing underlying business performance and operating trends, and that the owners of the company and we may benefit from referring to this non-IFRS measure in assessing our financial performance by eliminating the impact of certain unusual, non-recurring, non-cash and/or non-operating items that we do not consider indicative of the performance of our business. However, the presentation of this non-IFRS measure is not intended to, and should not, be considered in isolation from or as a substitute for the financial information prepared and presented in accordance with the IFRS. You should not view the non-IFRS measure on a stand-alone basis or as a substitute for results under the IFRS, or as being comparable to results or a similarly titled financial measure reported or forecasted by other companies.
About Tigermed
Tigermed (Stock code: 300347.SZ/3347.HK) is a leading global provider of integrated research and development solutions for biopharmaceutical and medical device industry. With a broad portfolio of services and a promise of quality, from preclinical development to clinical trial to commercialization, we are committed to moving our customers through their development journey efficiently and cost-effectively. Tigermed currently represents a worldwide network of more than 100 subsidiaries and 170 offices and sites, with over 9,000 employees across 53 countries in Asia Pacific, Europe, North & South America and Africa. We are devoted to building an integrated platform that enables boundless possibility for healthcare industry, embracing challenges to fulfill our commitment to serve unmet patients' needs, and eventually saving lives.
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SOURCE Tigermed | https://www.kxii.com/prnewswire/2022/08/25/tigermed-reports-2022-interim-result-with-strong-financial-growth/ | 2022-08-25T11:30:24Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Attention International Business Machines Corporation ("IBM") (NYSE: IBM) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between April 4, 2017 and October 20, 2021.
If you suffered a loss on your investment in IBM, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against IBM includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Strategic Imperatives Revenue and growth, CAMSS and CAMSS Components' revenue and growth, and the Company's Segments' revenue and growth were artificially inflated as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives Revenue; (ii) the Company's present success and positive future growth prospects concerning its Strategic Imperative business strategy were being fueled by the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperative Revenue and, as a result (iii) the Company misled the market by portraying the Company's Strategic Imperative's financial performance and future prospects more favorable than they actually were as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives.
DEADLINE: June 6, 2022
Aggrieved IBM investors only have until June 6, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-ibm-investors-lead-plaintiff-deadline-june-6-2022/ | 2022-04-11T11:56:40Z |
Ghislaine Maxwell, Jeffrey Epstein's former confidante now serving a 20-year prison sentence for child sex trafficking, is being sued for more than $878,000 in unpaid legal fees by a law firm representing her, according to court documents.
Ghislaine Maxwell, Jeffrey Epstein's former confidante now serving a 20-year prison sentence for child sex trafficking, is being sued for more than $878,000 in unpaid legal fees by a law firm representing her, according to court documents.
Two lawyers from the firm, Jeffrey Pagliuca and Laura Menninger, were lead attorneys on Maxwell's defense team during her trial last year that ended in a conviction for her role in facilitating Epstein's abuse of minor girls.
The lawsuit, filed on Monday by the law firm Haddon, Morgan and Foreman in county court in Denver, Colorado, also names her brother Kevin Maxwell and her estranged husband Scott Borgerson as defendants.
According to the suit, Ghislaine Maxwell told her attorneys after she was incarcerated in 2020 that her brother Kevin would coordinate the financial aspects of her defense. The firm has continually threatened to stop representing Maxwell beginning in 2020 after legal fees continued to go unpaid, the lawsuit says.
Ghislaine Maxwell, 60, grew up in the idyllic Oxfordshire countryside and is the daughter of Robert Maxwell -- a Czech-born newspaper tycoon and former British lawmaker who died under mysterious circumstances. The media magnate fell off his luxury yacht -- called "Lady Ghislaine" -- near the Canary Islands in 1991. He was posthumously discovered to have committed massive pension fraud against his employees.
In the days and weeks leading up to the start of Ghislaine Maxwell's criminal trial, her lawyers were threatening to withdraw representation as her brother reassured them repeatedly that he'd get them the money, the lawsuit says. He also told them not to worry Ghislaine with the matter because she "lacked the ability to impact funding," the lawsuit says.
Kevin Maxwell has made "a handful of sporadic payments" over the years, the last one in January for more than $141,000, but the law firm says the account was never paid current and that's a "small fraction" of what's owed for Ghislaine Maxwell's defense.
Kevin Maxwell did not respond to CNN's request for comment.
Borgerson controlled Ghislaine Maxwell's money as the marriage dissolved and has in part been responsible for delaying payments to the firm, the lawsuit says. CNN reached out to Borgerson for comment.
The lawsuit also alleges that before the couple broke up Maxwell and her then-husband attempted to shield her assets in real estate in limited liability companies to protect her assets from creditors like the law firm.
Haddon, Morgan and Foreman has represented Maxwell since 2015, beginning with a lawsuit filed by Epstein accuser Virginia Giuffre and other civil matters related to Epstein's abuse.
Maxwell was convicted on five counts, including sex trafficking a minor, last December and was sentenced to 20 years in federal prison.
During her trial, prosecutors argued Maxwell and Epstein conspired to set up a scheme to lure young girls into sexual relationships with Epstein in New York, Florida, New Mexico and the US Virgin Islands. Four women testified that Epstein abused them and that Maxwell facilitated the abuse and sometimes participated in it.
Maxwell's attorneys filed an appeal of the conviction last month. She is serving her sentence in a low-security federal correctional facility in Tallahassee, Florida, according to Bureau of Prisons records.
The Haddon, Morgan and Foreman law firm declined to comment.
It is unclear whether the firm will withdraw representation in Maxwell's ongoing litigation, but no official documents appear to have been filed on the public docket yet.
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AMSTERDAM, June 10, 2022 /PRNewswire/ -- Today the Chief Executive Officer of VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, updated the Company's stakeholders on key financial and business developments.
In his letter, VEON's CEO Kaan Terzioğlu wrote:
Dear VEON stakeholder,
I am pleased to update you on our latest achievements in key areas of interest for VEON Group. Since my last letter we have closed several important transactions and we are driving several others towards completion, while the operating performance of our companies remains healthy.
As a global operator providing digital services to almost 220 million people across eight countries, VEON (NASDAQ: VEON) (Euronext Amsterdam: VEON) continues to attract international investors such as EXOR Capital (UK), Shah Capital (US), Kopernik Global Investors (US) and PIMCO (US), who recently increased their holdings of our shares, according to the latest public filings. I would like to express my appreciation for your continued trust in VEON.
Liquidity, capital structure and M&A
This week we announced the successful closing of the sale of our Georgian operations to our former local partner, delivering proceeds of USD 45 million, equivalent to 3.5 times 2021 EBITDA (pre-IFRS 16). This is another step in strengthening our focus on high-growth markets with a critical mass of users, streamlining our Group operations to create long-term value for customers, partners and shareholders. Beeline Georgia is a leader in terms of 4G penetration and digital services, thanks to its successful execution of VEON's digital operator strategy. The local management team and the new Georgian shareholder are committed to the successful development of the company and to supporting the digital transformation of the country.
Another important focus area for VEON recently has been liquidity management and we have increased our Group's total cash and deposits to approximately USD 2.4 billion, including USD 1.8 billion equivalent of USD- and EUR-denominated cash and deposits held by the headquarters in Amsterdam. This was achieved after we further enhanced VEON Group's cash position by increasing our current revolving credit facility utilization to USD 973 million, as announced on 25 May 2022. As stated previously, we do not have any material debt maturing in 2022.
In addition to HQ-level liquidity, the self-sufficient nature of our operating companies in terms of financing was again highlighted recently. Jazz in Pakistan and Banglalink in Bangladesh have successfully raised local long-term funding to cover their spectrum requirements, with 10-year PKR 40 billion (c. USD 222 million) and 5-year BDT 12 billion (c. USD 135 million) loans, respectively. We have also made material progress in the simplification of our capital structure. As communicated on 21 April 2022, a total of RUB 90 billion in loans were novated to PJSC VimpelCom, with the former borrower (VEON Finance Ireland) and the former guarantor (VEON Holdings BV) having been released. This transaction aligned ruble liabilities with ruble revenues and reduced HQ external debt. We are also working on rationalizing VEON Group's ownership structure of Beeline Kazakhstan.
The next important step in portfolio management is now the pending completion of the put option for Djezzy in Algeria for USD 682 million, as disclosed in our 1Q22 trading update on 28 April 2022. This will both better streamline our operations and further improve our cash position.
Supporting connectivity across our markets
Today the humanitarian need for connectivity is as important as other basic needs such as food, water, shelter and health care. In fact, connectivity is often a crucial lifeline for each one of us, as we rely on telecommunications networks to secure basic needs, stay connected with loved ones, access reliable information and use key digital services.
In Ukraine, the Kyivstar team continues to make an extraordinary effort to keep the networks running despite the damage to towers and power supplies. Since the beginning of the conflict, more than 3,400 repairs of base stations have been performed, and some 26,500 meters of broken fiber-optics have been replaced. More than 90% of Kyivstar's network is still operational. We have added 100 new base stations across the Western part of the country and upgraded hundreds more with the latest technologies to enable uninterrupted communications.
Growth across our footprint driven by the digital operator model
The latest available data shows that our double and multiplay 4G subscribers reached 35% of the Group's monthly active customer base. This supported continued high single-digit local currency year-on-year growth in the Group's service revenues, both in April and May.
In Pakistan, Jazz continues to perform strongly, enabled by growth in 4G customer base. As of May, it serves 50% of its customer base with 4G connectivity. With its 4G offering, Jazz continues to lead the market in terms of both revenue and customer base growth.
In Bangladesh, our planned additional network coverage is expanding fast. The positive impact of this was already evident in Q1 as Banglalink recorded 8.6% year-on-year revenue growth. This performance has further accelerated: Banglalink's topline grew at a double-digit year-on-year pace in both April and May, driven by the 45% increase in its double and multiplay 4G customers.
Beeline Kazakhstan is heading toward its sixth consecutive quarter of double-digit topline growth, powered by the highest customer base 4G penetration among our larger operations. Over 66% of Beeline Kazakhstan's customers are now 4G users, bringing it closer to the 70% 4G penetration ambition that we set out at our Investor Day in December 2021. I had the opportunity this week to personally reiterate our commitment to support the Government's priorities for mobile communications, internet coverage and digital transformation, along with its long-term ambition of achieving net zero CO2 emissions, at a plenary session of the Foreign Investors' Council in Kazakhstan, attended by key members of the Government and chaired by the country's President Kassym-Jomart Tokayev.
I spent a couple of days with the Group management team in Uzbekistan at the beginning of May, witnessing first-hand the Beeline team's excellent work in building a success story. Beeline's robust double-digit performance continued during April and May, driven by increasing customer satisfaction, which we see in NPS and market share performance, and an impressive, sustained 4G growth. Beeline has also recently launched new bundles, to which nearly 1.2 million customers signed up in the first few months, including more than half a million customers with digital-enabled offers.
In Algeria, as we near completion of the sale of Djezzy, we have been building on five consecutive quarters of growth, welcoming the recent addition of 2300 MHz band spectrum and committing around USD 20 million in additional capex to rapidly deliver increased 4G performance in densely populated urban areas.
2022 AGM to convene on 29 June
As announced on 25 May 2022, the VEON Board of Directors has set the Company's Annual General Meeting of Shareholders for 29 June 2022. The Board has recommended 11 Directors. Eight of the nominees – Hans-Holger Albrecht, Yaroslav Glazunov, Andrei Gusev, Gunnar Holt, Karen Linehan, Irene Shvakman, Vasily Sidorov and Michiel Soeting – currently sit on the Board, while the remaining three – Augie Fabela, Stan Miller and Morten Lundal – are new candidates.
We invite all our shareholders to participate in the forthcoming AGM, which will be held in virtual form. I speak for all of the management team when I say that I look forward to working with the incoming Board, benefiting from their wealth of operational, financial and governance experience.
We welcome your questions
Should you have any questions on the topics covered in this letter, or other matters related to VEON Group, please do contact our IR team via ir@veon.com. Thank you for your continued trust and support for our company.
Disclaimer
This press release contains "forward-looking statements", as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, expectations regarding the sufficiency of VEON's liquidity to meet its obligations, the impact of further sanctions imposed by the European Union, the United States or the United Kingdom, the safety of our employees and customers, the continued development of our business operations and continued engagement with our stakeholders. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events. Furthermore, elements of this release contain or may contain, "inside information" as defined under the Market Abuse Regulation (EU) No. 596/2014.
About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services. For more information visit: www.veon.com
Contact Information
VEON
Investor Relations
Nik Kershaw
ir@veon.com
+31 20 79 77 200
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SOURCE VEON Ltd | https://www.wibw.com/prnewswire/2022/06/10/veon-ceo-key-developments-update-investors-partners/ | 2022-06-10T15:41:47Z |
MT. PLEASANT, Mich., May 31, 2022 /PRNewswire/ -- Isabella Bank Corporation (OTCQX: ISBA) today announced its Board of Directors declared a second-quarter cash dividend of $0.27 per common share at its regular meeting on May 25, 2022. The dividend will be payable June 30, 2022, to shareholders of record as of June 28, 2022. Based on ISBA's closing stock price of $25.00 per share as of May 25, 2022, the annualized cash dividend yield is 4.32%.
"I am pleased to announce the second quarter cash dividend of $0.27. Our second quarter dividend, coupled with a strong start to 2022 and record financial results for 2021, demonstrate our unwavering commitment to increasing shareholder value and, most importantly, the value of our stock," said Jae A. Evans, President and Chief Executive Officer.
About the Corporation
Isabella Bank Corporation (OTCQX: ISBA) is the parent holding company of Isabella Bank, a state chartered community bank headquartered in Mt. Pleasant, Michigan. Isabella Bank was established in 1903 and has been committed to serving the local banking needs of its customers and communities for 119 years. The Bank offers personal and commercial lending and deposit products, as well as investment, trust and estate planning services through Isabella Wealth. The Bank has locations throughout seven Mid-Michigan counties: Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw.
For more information about Isabella Bank Corporation, visit the Invest in Us link at www.isabellabank.com. Isabella Bank Corporation common stock is quoted on the OTCQX tier of the OTC Markets Group, Inc.'s electronic quotation system (www.otcmarkets.com) under the symbol "ISBA." The Corporation's market maker is Boenning & Scattergood, Inc. (www.boenninginc.com) and its investor relations firm is Renmark Financial Communications, Inc. (www.renmarkfinancial.com).
Forward-Looking Statements
This press release includes forward-looking statements. To the extent that the foregoing information refers to matters that may occur in the future, please be aware that such forward-looking statements may differ materially from actual results. Additional information concerning some of the factors that could cause materially different results is included in the sections entitled "Risk Factors" and "Forward Looking Statements" set forth in Isabella Bank Corporation's filings with the Securities and Exchange Commission, which are available from the Securities and Exchange Commission's Public Reference facilities and from its website at www.sec.gov.
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SOURCE Isabella Bank Corporation | https://www.kxii.com/prnewswire/2022/05/31/isabella-bank-corporation-announces-second-quarter-2022-dividend/ | 2022-05-31T22:26:29Z |
It’s not a summer heat wave that’s making European leaders and businesses sweat. It’s fear that Russia’s manipulation of natural gas supplies will lead to an economic and political crisis next winter. Or, in the worst case, even sooner if Russia suddenly cuts off the gas.
Here are key things to know about the energy pressure game over the war in Ukraine:
WHAT’S HAPPENED?
European Commission President Ursula von der Leyen warned Wednesday that countries and industry need to be ready in case Russia completely cuts off already limited natural gas supplies. Fears are growing that the Nord Stream 1 pipeline from Russia to Germany under the Baltic Sea will not restart after a scheduled maintenance shutdown later this month.
Russia has already reduced gas supplies to a dozen EU countries, including Germany, the 27-country bloc’s biggest economy, that heavily depend on energy from Russia to generate electricity and to power their industries. The cutback has led to accusations from business and political leaders that Russia is punishing Europe for its support of Ukraine, which Russia invaded four months ago.
Russian state-owned energy giant Gazprom has reduced supplies through the Nord Stream 1 pipeline running under the Baltic Sea from Russia to Germany — Europe’s major natural gas pipeline — by 60%. Supplies to Italy have been cut by half. Germany relies on Russia for 35% of its gas imports; Italy for 40%.
WHY ARE THE REDUCTIONS A CONCERN?
Europe is scrambling to fill its underground gas storage ahead of the winter. Gas utilities fill reserves over the summer when, hopefully, they can buy less expensive gas and then draw from those reserves over the winter as heating demand rises. The current reductions will make refilling storage more difficult and expensive.
Diminishing energy supplies has brought closer the specter of a complete Russian gas shutoff that would make it impossible for Europe to get all the fuel it needs for next winter. Natural gas is used by several energy-intensive industries that are already facing higher costs and dialing back consumption, which has contributed to a slowing European economy.
Right now, Europe’s underground storage caverns are 60% full. The European Commission’s latest proposal is for each country to reach 80% by Nov. 1.
Economists Holger Schmieding and Salomon Fiedler at Berenberg bank say that if Russian does not resume deliveries through Nord Stream 1 after July 24, the EU “would likely be running on empty at the end of winter. To be on the safe side, some rationing of gas would likely set in beforehand.”
On top of all that, an explosion and fire at an export terminal in Freeport, Texas, took a fifth of U.S. export capacity offline for months sending another shudder through the gas market. Most of the terminal’s exports were going to Europe, Rystad Energy said.
WHAT’S BEING DONE?
The EU, which before the war got some 40% of its gas from Russia, has outlined plans to cut imports by two-thirds by year’s end and phase out Russian gas entirely by 2027. The bloc has already said it will block Russian coal starting in August and most Russian oil in six months. The goal is to reduce the $850 million per day Russia was been reaping from oil and gas sales to Europe before the start of the war.
To compensate for reduced Russian supplies, European governments and utilities have bought expensive liquefied natural gas, or LNG, from the United States that is delivered by ship, as opposed to gas that comes by pipeline from Russia and is typically cheaper. But the war has driven energy prices higher, fueling record inflation in Europe and helping to maintain a steady revenue stream for Russia.
There are efforts to get more pipeline gas from Norway and Azerbaijan, while the accelerated rollout of renewable energy and conservation are expected to play smaller roles. Germany, which has no LNG import terminals, is bringing in four floating terminals, two of which should be operating this year.
Despite a focus on renewable energy, the crisis is pushing countries back to fossil fuels. Germany is rushing through legislation to restart coal-fired power plants as a temporary measure despite plans to exit coal entirely by 2030. Officials have also urged Germans to conserve energy.
The Dutch government says it will allow coal-fired power stations to operate at full capacity again to conserve natural gas that would otherwise be burned to produce electricity.
Europe’s gas security is fragile despite all those measures. Liquefied gas export terminals in energy-producing countries like the U.S. and Qatar are running at full speed, meaning Europe is bidding against Asia for finite supplies.
On Wednesday, the European Parliament approved a proposal to define natural gas as environmentally sustainable energy, dismaying environmentalists and making it easier for private investors to inject money into gas-related projects.
WHAT’S RUSSIA’S GAME?
Gazprom says it had to cut back the flows to Europe through Nord Stream 1 because Western sanctions stranded a key piece of equipment in Canada, where it had been taken for maintenance. European governments aren’t buying it and call the reductions political.
Gazprom’s steps have sent natural gas prices sharply higher after they had fallen in the wake of the winter heating season. That increases revenue for Russia at a time when it’s under pressure from Western economic sanctions and adds to stress on Europe as it gives Ukraine political and military support.
Gazprom’s maneuvers also can be seen as pushback against Western sanctions and as a deterrent to imposing further penalties. And bigger gas users have been put on notice that, just like smaller ones, they are not exempt from a possible cutoff.
Germany and Italy saw their supplies cut around the time their leaders joined French President Emmanuel Macron in Kyiv to meet President Volodymyr Zelenskyy and back EU candidate status for Ukraine.
“Cutting Nord Stream 1 flows to Europe seems clearly an effort by Putin to stall Europe’s efforts to build gas stocks through the summer, ready presumably for another installment in the European energy wars this winter,” said Tim Ash, senior emerging markets sovereign strategist at BlueBay Asset Management.
WILL EUROPEANS SEE THE LIGHTS GO OUT OR FREEZE THIS WINTER?
That is unlikely because EU law mandates that governments ration gas supplies to industry so that homes, schools and hospitals are spared. Countries that run short of gas also can ask for help from others that may be in better shape, though that depends on adequate pipeline connections.
The downside of rationing would be industrial cutbacks and shutdowns that could cost jobs and growth in an economy that is already squeezed by high inflation and could be headed for a recession.
Meanwhile, a complete cutoff could send already high gas prices soaring toward their record of 206 euros ($217) per megawatt hour from March 7, further fueling inflation. At the start of 2021, before Russia massed troops on the border with Ukraine, spot gas cost about 19 euros per megawatt hour. | https://cw33.com/business/ap-business/explainer-fears-of-a-natural-gas-emergency-stalk-europe/ | 2022-07-06T17:28:54Z |
SAN JOSE, Calif., April 25, 2022 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced that it had made equity grants to new employees under its 2018 Equity Incentive Plan (the "Plan") in accordance with NYSE Rule 303A.08.
On April 25, 2022, Arlo's Compensation Committee granted restricted stock units, or RSUs, to five new non-executive employees covering an aggregate of 104,221 shares of the Company's common stock as an inducement for such employees to join the Company.
The RSUs granted to the five employees, covering an aggregate of 104,221 shares, vest annually in four equal annual installments. In all cases, the RSUs are contingent on each employee's continued service with the Company at the applicable vesting date.
Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo's deep expertise in product design, wireless connectivity, cloud infrastructure and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company's cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and LTE-enabled security cameras, audio and video doorbells, and floodlight.
With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users' personal information private and in their control. Arlo doesn't monetize personal data, provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.
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SOURCE Arlo Technologies, Inc. | https://www.wibw.com/prnewswire/2022/04/25/arlo-technologies-announces-inducement-awards-under-nyse-rule-303a08/ | 2022-04-25T22:47:49Z |
BEIJING, June 6, 2022 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced that the following proposed resolutions submitted for shareholder approval have been adopted at its 2022 annual general meeting of shareholders held today:
1. as an ordinary resolution, THAT Mr. Charles Guowei Chao shall be re-elected as a director of the Company at this annual general meeting and retain office until his retirement pursuant to the Company's memorandum and articles of association;
2. as an ordinary resolution, THAT Mr. Pochin Christopher Lu shall be re-elected as a director of the Company at this annual general meeting and retain office until his retirement pursuant to the Company's memorandum and articles of association; and
3. as an ordinary resolution, THAT Mr. Gaofei Wang shall be re-elected as a director of the Company at this annual general meeting and retain office until his retirement pursuant to the Company's memorandum and articles of association.
About Weibo
Weibo is a leading social media for people to create, share and discover content online. Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multi-media and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream.
Weibo enables its advertising and marketing customers to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions to companies of all sizes. The Company generates a substantial majority of its revenues from the sale of advertising and marketing services, including the sale of social display advertisement and promoted marketing offerings. Designed with a "mobile first" philosophy, Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on its platform. To support the mobile format, Weibo has developed and has been continuously refining its social interest graph recommendation engine, which enables its customers to perform people marketing and target audiences based on user demographics, social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing effectiveness.
Contact:
Investor Relations
Weibo Corporation
Phone: +86 10 5898-3336
Email: ir@staff.weibo.com
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SOURCE Weibo Corporation | https://www.mysuncoast.com/prnewswire/2022/06/06/weibo-announces-results-2022-annual-general-meeting/ | 2022-06-06T09:33:05Z |
LOS ANGELES, Sept. 6, 2022 /PRNewswire/ -- Icelandic Glacial promotes Reza Mirza, who currently serves as CEO for the last eight years, to also lead the holding company, effective Sept 1st, 2022.
"During his tenure Reza laid out a multiyear strategy and executed against it with excellence. He recruited a world class team where he attracted and nurtured top talent, driving high double digit growth while carving a path to profitability in a year's time. In the US, Icelandic Glacial has presence in over 54,000 doors, over 400 luxury hotels and in nearly all airports. His focus on building the team, creating an excellence-in-execution culture and brand building catapulted Icelandic Glacial to a major player in the premium water space," stated Jon Olafsson, Chairman of Icelandic Water Holdings. "I have the utmost confidence in Reza to lead our holding company into the future, as he continues to lead with passion and drive to accelerate expansion and profitability."
"I am honored to serve in an expanded role to also lead Icelandic Water Holdings and group companies", said Reza Mirza. "Along with our founders, Jon and Kristjan Olafsson, I am excited about the future as we continue our focus on building Icelandic Glacial into a global powerhouse. As we have done in Iceland and US, we will be in the top 3 imports in every market we are in. We have an amazing brand, an exceptional team, an expanding loyal customer base and a valuable source in the Ölfus Spring to deliver the purest tasting water."
More details on the brand can be found at www.icelandicglacial.com.
About Icelandic Glacial
Icelandic Glacial is the super-premium natural spring water, bottled at the source from Iceland's legendary Ölfus Spring, which was formed more than 5,000 years ago and is shielded from pollution by an impenetrable barrier of lava rock. The spring produces water so pure that nothing is added or taken away. As a result, Icelandic Glacial possesses exceptional balance featuring a naturally low mineral content and a naturally alkaline pH of 8.4. Icelandic Glacial is further distinguished as the world's first certified CarbonNeutral® natural spring bottled water for product and operation. Icelandic Glacial uses 100% natural green energy to fuel its production delivering a premium bottled water to discerning consumers around the world while maintaining a "net zero" carbon footprint.
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SOURCE Icelandic Glacial | https://www.kxii.com/prnewswire/2022/09/06/icelandic-glacial-elevates-ceo-reza-mirza-group-ceo-all-holding-companies/ | 2022-09-06T23:36:07Z |
NEW YORK, July 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. (NASDAQ: ARQQ).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/arqit-quantum-inc-f-k-a-centricus-acquisition-corp-loss-submission-form/?id=29405&from=4
This lawsuit is on behalf of: (i) all persons or entities who purchased or otherwise acquired Arqit securities between September 7, 2021 and April 18, 2022, inclusive; and/or (ii) all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the merger between Arqit and Centricus (the "Merger") and entitled to vote on the Merger.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 5, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. issued materially false and/or misleading statements and/or failed to disclose that: (1) Arqit's proposed encryption technology would require widespread adoption of new protocols and standards for telecommunications; (2) British cybersecurity officials questioned the viability of Arqit's proposed encryption technology in a meeting in 2020; (3) the British government was not an Arqit customer but, rather, providing grants to Arqit; (4) Arqit had little more than an early-stage prototype of its encryption system at the time of the Merger; and (5) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/07/01/arqq-shareholder-alert-jakubowitz-law-reminds-arqit-quantum-inc-fka-centricus-acquisition-corp-shareholders-lead-plaintiff-deadline-july-5-2022/ | 2022-07-01T11:19:35Z |
NEW YORK, July 20, 2022 /PRNewswire/ -- LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, today announced the release of its latest sustainability report covering the year ending 2021.
"Over the past year, our dedicated, passionate people have continued to make the nation's energy system cleaner, more efficient, and more resilient," said LS Power CEO Paul Segal in his letter accompanying the report. "Our 2021 Sustainability Report details our growing Energy Transition Platforms, our decarbonization efforts, our talented team, and the incredible philanthropy work that our people do," Segal said.
The report, entitled "Accelerating the Energy Transition," highlights LS Power's Energy Transition Platforms, which have grown to include nation-leading companies:
- CPower Energy Management (demand response and energy efficiency)
- Endurant Energy (microgrids)
- EVgo (EV charging)
- REV Renewables
- Rise Light & Power (New York City's largest energy provider)
- Waste-to-Renewable Fuel initiatives
REV Renewables is the newest member of the LS Power Energy Transition family. Formed in July 2021 out of LS Power's existing assets, REV consists of the largest non-utility owned portfolio of pumped storage hydro in the country, a sizeable lithium-ion battery portfolio, and a wind and solar portfolio that spans 14 states. "With an operating portfolio of more than 2.6 gigawatts and a substantial development pipeline, we see REV and its business model as critical to accelerating the energy transition," Segal said.
LS Power recognizes that identifying and developing a talented team requires unwavering focus. To support this effort and maintain a competitive advantage, LS Power's "Powering Change" initiative expands recruitment to qualified candidates from Historically Black Colleges and Universities (HBCUs) and Hispanic Serving Institutions (HSIs). Powering Change complements LS Power's ongoing sponsorship programs that encourage women and other underrepresented communities in science, technology, engineering, and math (STEM) fields.
In 2021, LS Power's community engagement program contributed nearly $1.7 million to over 250 charities and organizations across 16 states, including food banks, crisis centers, youth and STEM programs, environmental programs, and more.
The report also discusses LS Power's advocacy efforts to support competitive markets and the important role its flexible natural gas generation fleet plays in the energy transition by balancing the grid and avoiding power interruptions when renewable energy resources like wind and solar power are curtailed or offline due to weather conditions. "We recognize a void in the quest toward decarbonization — how to enable it smoothly and responsibly while keeping energy affordable and accessible. With our unique platform of resources, LS Power is driven to help fill that void," Segal said.
As with LS Power's inaugural sustainability report, the new report is informed by the Global Reporting Initiative Standards (GRI) and the Sustainability Accounting Standards Board (SASB), and accounts for LS Power's Environmental, Social and Governance (ESG) performance for the 2021 calendar year.
The LS Power Sustainability Report can be found on LS Power's website at https://www.lspower.com/sustainability.
About LS Power
LS Power is a development, investment and operating company focused on the North American power and energy infrastructure sector. Since its inception in 1990, in addition to its development of more than 660 miles of high voltage transmission, LS Power has developed, constructed, managed or acquired in total more than 45,000 MW of power generation, including utility-scale solar, wind, hydro, natural gas-fired and battery energy storage projects. LS Power actively invests in distributed energy resource platforms, such as CPower Energy Management, Endurant Energy and EVgo, as well as Waste-to-Renewable Generation and Fuel initiatives. Additionally, LS Power invests in renewables and energy storage through REV Renewables. Across its efforts, LS Power has raised in excess of $48 billion in debt and equity financing to support North American infrastructure. For more information, please visit www.LSPower.com.
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SOURCE LS Power | https://www.mysuncoast.com/prnewswire/2022/07/20/ls-power-issues-sustainability-report-2021-highlighting-energy-transition-platforms-community-engagement-deampi-focus-reliability-affordability/ | 2022-07-20T13:55:35Z |
PITTSBURGH, Sept. 2, 2022 /PRNewswire/ -- UFCW Local 1776 President Wendell Young IV announced today that the workers at the Trulieve North Shore medical cannabis dispensary have voted to join Local 1776.
"I want to congratulate these workers for their hard work and commitment throughout this process," Young said. "Now, we move to the bargaining table. We look forward to securing a contract that delivers fair wages, strong benefits and a safe workplace."
UFCW 1776 now represents approximately 600 cannabis workers across the state.
"We are the union for cannabis workers," Young said. "We worked hard to help secure legislation that opened the state to medical cannabis, and we will continue working for our members and all cannabis workers across Pennsylvania."
Young noted that the Local has recently organized a total of 3 dispensaries, as well as workers at Coffee Tree Roasters in recent months.
"Our western division, which includes workers in Pennsylvania, Ohio and West Virginia keeps growing as we add more members at more worksites," Young said. "We represent 35,000 workers in cannabis, retail, manufacturing, healthcare, gaming, and manufacturing, among others. Our reach across so many sectors is one of our core strengths."
For more information, please visit www.ufcw1776.org
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SOURCE UFCW Local 1776 Keystone State | https://www.kxii.com/prnewswire/2022/09/02/employees-trulieve-north-shore-medical-cannabis-dispensary-join-ufcw-1776/ | 2022-09-02T15:59:34Z |
Pirates-Tigers game rained out, doubleheader Wednesday
DETROIT (AP) — The game between the Pittsburgh Pirates and Detroit Tigers has been rained out. It will be made up as part of a doubleheader Wednesday. The postponement at Comerica Park was announced several hours before the game was supposed to begin. Pittsburgh and Detroit will start at 1:10 p.m. Wednesday in a straight doubleheader. | https://localnews8.com/sports/ap-national-sports/2022/05/03/pirates-tigers-game-rained-out-doubleheader-wednesday/ | 2022-05-03T21:18:20Z |
JERICHO, N.Y., Sept. 12, 2022 /PRNewswire/ -- Professional Risk Facilities ("PRF") and Vault Commercial ("Vault") today announced a partnership (the "Program") whereby PRF, acting as a managing general agent ("MGA"), will be underwriting management and professional liability insurance coverages on behalf of Vault E&S Insurance Company for directors & officers liability (D&O), employment practices liability (EPLI), fiduciary liability and errors & omissions (E&O) risks. The Program is designed for companies with annual revenues up to $500MM for management liability coverage and revenues up to $50MM for a wide variety of E&O risks. The Program will offer primary limits up to $2MM and excess limits up to $5MM.
"We are thrilled to partner with Vault to allow PRF to use our knowledge and expertise in the management and professional liability marketplace to provide thoughtful underwriting for E&S risks in this space. We believe that with Vault's support, PRF will be able to offer creative insurance solutions for risks in the non-standard market," said Christopher Cavallaro, Executive Chairman of PRF.
"We're very pleased to collaborate with PRF, with whom we have had a professional relationship spanning decades. This new offering will combine our management and professional liability expertise with those of PRF and we are excited about the possibilities that can be created," commented Scott Carmilani, Executive Chairman of Vault.
PRF is a Managing General Agency with underwriting authority including quoting, binding and policy issuance for a wide array of financial products. Founded in 1992, PRF specializes in the underwriting of management and professional liability insurance products. PRF is known for providing quality products, skillful underwriting coupled with extremely quick service.
Vault provides commercial insurance for corporate customers, supporting both MGAs and individual risks. Vault offers specialty underwriting expertise, state of the art technology and a commitment to best-in-class service to its customers and their insurance advisors.
Professional Risk Facilities
Stephen Cavallaro
scavallaro@professionalrisk.com
516.408.5736
James Enelow
James.enelow@vault.insurance
917.297.0500
www.vault.insurance/commercial
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SOURCE Vault | https://www.mysuncoast.com/prnewswire/2022/09/12/professional-risk-facilities-amp-vault-announce-underwriting-partnership/ | 2022-09-12T15:14:07Z |
The most comprehensive accounts payable automation integration for SAP Business Suite, SAP ECC, SAP R/3, and SAP S/4HANA.
MOUNTAIN VIEW, Calif., Sept. 7, 2022 /PRNewswire/ -- Stampli, the industry-leading Accounts Payable (AP) Automation software, today announces its enhanced enterprise resource planning (ERP) integrations for SAP Business Suite, SAP ECC, SAP R/3, and SAP S/4HANA.
The comprehensive integration means that mutual enterprise customers performing any manual invoice or payment process in SAP ERP – can now be optimized with Stampli's AP Automation software.
Stampli's integration with SAP ERP is seamless as the bi-directional sync pushes and pulls data in real-time to ensure both systems are one and the same, including:
- Purchase Orders (POs) & Receiving Information
- Vendor Lists, General Ledgers (GLs) & Cost Center
- Item Types & Custom Fields
- Invoice Data & Payment Data, and More
"We are thrilled to strengthen our SAP ERP partnership to enhance invoice and payment processes for enterprise businesses, helping them control and streamline AP, all the while maintaining their existing SAP ERP investment and maintaining SAP ERP as their source of truth," shared Eyal Feldman, Chief Executive Officer and Co-founder at Stampli. "Developing fully automated and deep integrations for SAP ERP with real-time PO and receiving data is one of the many things that differentiates Stampli from its competitors."
The Stampli AP Automation integration for SAP ERP is available. For more information on the integration or to schedule a demo, visit our website here.
Stampli currently has United States office locations in Mountain View, California, and Nashville, Tennessee, and internationally in Tel Aviv, Israel, and Kiev, Ukraine. Stampli was most recently recognized in G2's 2022 Best Software Awards for "Best Software Products," "Best Accounting & Finance Products," "Best Mid-Market Products," and "Highest Satisfaction Products." Stampli also earned recognition as "The Best AP Solution for 2022" in the FinTech Breakthrough Awards; named on the "Top Fintech Companies of 2021" list by CB Insights; designated one of the "Top 50 Most Promising Startups in Israel" by CTech; named "The Best AP Automation Company in the USA" from New World Report; earned top marks by Comparably for "Best Company Outlook," "Best Company Work-Life Balance," "Best CEO," "Best Company for Women," "Best Company for Diversity," and "Best Company Culture."
Stampli is a complete AP Automation platform that brings together accounts payable communications, documentation, corporate cards, and payments all in one place, allowing AP to have full control and visibility over corporate spending. By centering communications on top of the invoice itself, AP departments collaborate and communicate better with approvers, vendors, and anyone else involved with purchases, allowing approvals to happen 5x faster.
In addition, Stampli's AI, Billy the Bot, learns an organization's unique patterns to simplify GL-coding, automate approval notifications, identify duplicate invoices, and reduce time spent on manual data entry. Stampli's flexible platform fits seamlessly into any existing processes and integrates with financial systems, including NetSuite, Sage Intacct, QuickBooks, Microsoft Dynamics, SAP, and more. For more information, visit www.stampli.com.
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SOURCE Stampli | https://www.mysuncoast.com/prnewswire/2022/09/07/stampli-doubles-down-enterprise-with-full-sap-integration-real-time-po-receiving/ | 2022-09-07T16:34:40Z |
KHARKIV, Ukraine (AP) — Ukrainian forces fought village by village Saturday to hold back a Russian advance through the country’s east, while the United Nations worked to broker a civilian evacuation from the last defensive stronghold in the bombed-out ruins of the port city of Mariupol.
An estimated 100,000 civilians remain in the city, and up to 1,000 are living beneath a sprawling Soviet-era steel plant, according to Ukrainian officials. Ukraine has not said how many fighters are also in the plant, the only part of Mariupol not occupied by Russian forces, but Russia put the number at about 2,000.
Russian state media outlets reported Saturday that 25 civilians had been evacuated from the Azovstal steelworks, though there was no confirmation from the U.N. Russia’s RIA Novosti news agency said 19 adults and six children were brought out, but gave no further details.
A top official with the Azov Regiment, the Ukrainian unit defending the plant, said 20 civilians were evacuated during a cease-fire, though it was not clear if he was referring to the same group as the Russian news reports.
“These are women and children,” Sviatoslav Palamar said in a video posted on the regiment’s Telegram channel. He also called for the evacuation of the wounded: “We don’t know why they are not taken away and their evacuation to the territory controlled by Ukraine is not being discussed.”
Video and images from inside the plant, shared with The Associated Press by two Ukrainian women who said their husbands are among the fighters refusing to surrender there, showed unidentified men with stained bandages; others had open wounds or amputated limbs.
A skeleton medical staff was treating at least 600 wounded people, said the women, who identified their husbands as members of the Azov Regiment of Ukraine’s National Guard. Some of the wounds were rotting with gangrene, they said.
In the video the men said that they eat just once daily and share as little as 1.5 liters (50 ounces) of water a day among four people, and that supplies inside the besieged facility are depleted.
One shirtless man appeared to be in pain as he described his wounds: two broken ribs, a punctured lung and a dislocated arm that “was hanging on the flesh.”
“I want to tell everyone who sees this: If you will not stop this here, in Ukraine, it will go further, to Europe,” he said.
AP could not independently verify the date and location of the video, which the women said was taken in the last week in the maze of corridors and bunkers beneath the plant.
The women urged that Ukrainian fighters also be evacuated alongside civilians, warning they could be tortured and executed if captured. “The lives of soldiers matter too,” Yuliia Fedusiuk told AP in Rome.
In his nightly video address late Saturday, Ukrainian President Volodymyr Zelenskyy switched into Russian to urge Russian troops not to fight in Ukraine, saying even their generals expect that thousands more of them will die.
The president accused Moscow of recruiting new soldiers “with little motivation and little combat experience” so that units gutted early in the war can be thrown back into battle.
“Every Russian soldier can still save his own life,” Zelenskyy said. “It’s better for you to survive in Russia than to perish on our land.”
In other developments:
— Ukrainian Deputy Agriculture Minister Taras Vysotsky said in televised remarks that Russian forces have seized hundreds of thousands of tons of grain in territory under their control. Ukraine is a major grain producer, and the invasion has pushed up world prices and raised concerns about shortages.
— A Russian rocket attack destroyed the airport runway in Odesa, Ukraine’s third-most populous city and a key Black Sea port, the Ukrainian army said.
— The bodies of three men were found buried in a forest near the Kyiv suburb of Bucha, the head of Kyiv’s regional police force said. The men, whose bodies were found Friday, had been tortured before they were shot in the head, Andriy Nebytov wrote on Facebook. Ukrainian officials have alleged that retreating Russian troops carried out mass killings of civilians in Bucha.
— Russian Foreign Minister Sergey Lavrov said in an interview that Russian and Ukrainian negotiators talk “almost every day.” However, he told Chinese state news agency Xinhua, “progress has not been easy.”
— Two buses sent to evacuate residents from the eastern town of Popasna were fired upon, and contact with the organizers was lost, Mayor Nikolai Khanatov said: “We know that (the buses) reached the town and then came under fire from an enemy sabotage and reconnaissance group.”
Getting a full picture of the unfolding battle in eastern Ukraine has been difficult because airstrikes and artillery barrages have made it extremely dangerous for reporters to move around. Also, both Ukraine and Moscow-backed rebels have introduced tight restrictions on reporting from the combat zone.
But Western military analysts suggested that the offensive in the Donbas region, which includes Mariupol, was going much slower than planned. So far, Russian troops and the separatists appeared to have made only minor gains in the month since Moscow said it would focus its military strength in the east.
Numerically, Russia’s military manpower vastly exceeds Ukraine’s. In the days before the war began, Western intelligence estimated Russia had positioned near the border as many as 190,000 troops; Ukraine’s standing military totals about 200,000, spread throughout the country.
Yet, in part because of the tenacity of the Ukrainian resistance, the U.S. believes the Russians are “at least several days behind where they wanted to be” as they try to encircle Ukrainian troops in the east, said a senior U.S. defense official who spoke on condition of anonymity to discuss the American military’s assessment.
With plenty of firepower still in reserve, Russia’s offensive still could intensify and overrun the Ukrainians. Overall the Russian army has an estimated 900,000 active-duty personnel. Russia also has a much larger air force and navy.
Hundreds of millions of dollars in military assistance has flowed into Ukraine since the war began, but Russia’s vast armories mean Ukraine’s needs are nearly inexhaustible.
Mariupol officials have described dire shortages of food, water and medicine. U.N. humanitarian spokesman Saviano Abreu said the world organization was negotiating with authorities in Moscow and Kyiv, but he could not provide details of the ongoing evacuation effort “because of the complexity and fluidity of the operation.”
“There is, right now, ongoing, high-level engagements with all the governments, Russia and Ukraine, to make sure that you can save civilians and support the evacuation of civilians from the plant,” Abreu told AP. He would not confirm video posted on social media purportedly showing U.N.-marked vehicles in Mariupol.
Ukraine has blamed the failure of numerous previous evacuation attempts on continued Russian shelling.
___
Associated Press journalists Jon Gambrell and Yuras Karmanau in Lviv, Mstyslav Chernov in Kharkiv, Yesica Fisch in Sloviansk, Lolita C. Baldor in Washington, Trisha Thompson in Rome and AP staff around the world contributed to this report.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/ukraine-fights-to-hold-off-russian-advances-in-south-east/ | 2022-05-01T00:40:52Z |
Sweden beats Norway 7-1 for 5th win at hockey worlds
TAMPERE, Finland (AP) — Sweden picked up its fifth win in six games at the hockey world championship by beating Norway 7-1 in group play. Switzerland stayed unbeaten and Germany extended its winning run. Dallas Stars forward Jacob Peterson led the way for Sweden with two goals and one assist. Germany is on a five-game win streak after beating Kazakhstan 5-4 but it was the fourth one-goal game in that run. Switzerland went 2-0 down to France in the first period but recovered to win 5-2. Latvia kept alive faint chances of reaching the quarterfinals with a 4-3 win over Britain. | https://localnews8.com/sports/ap-national-sports/2022/05/22/sweden-beats-norway-7-1-for-5th-win-at-hockey-worlds/ | 2022-05-22T23:10:16Z |
New data highlights need for concentrated focus on foundational reading and mathematics skills
NORTH BILLERICA, Mass., Sept. 14, 2022 /PRNewswire/ -- While more students are falling behind in foundational reading skills, some schools buck the trend with positive practice in the pandemic's wake, according to new research released by Curriculum Associates today.
The first report, The State of Student Learning in 2022, analyzes reading and mathematics data gathered from nearly two million Grades 1–8 students during the 2021–2022 school year via the edtech company's i-Ready Assessment tool. In a second report, Keys to Unlocking Success, Curriculum Associates identified 301 schools across the country at which students are exceeding learning expectations and conducted research to understand how school leaders are ushering their students and schools toward recovery.
"We're beginning the third full academic year since the pandemic began, and many school communities are still grappling with the impact of the massive 2020 disruptions," said Dr. Kristen Huff, vice president of assessment and research at Curriculum Associates. "The question is no longer if or how the pandemic affected student learning, it is if and how it can recover. It is critical to grow our understanding of what measurable shifts have occurred in student learning as we have more distance from 2020 and more investment in recovery efforts."
The research provides new insights on student learning trends by examining student data in relation to grade-level learning benchmarks—rather than in comparison to other students—to provide a unique view of learning rather than rank. It compares 2021–2022 student data with mid- and pre-pandemic data and also offers qualitative insights on impactful practices for accelerating student learning from leaders at schools that are exceeding expectations.
- Student achievement in reading and math at the end of 2021–2022 has not fully recovered from unfinished learning that occurred during the pandemic.
- The largest gaps in grade-level learning are in those key years where students are building and solidifying foundational reading and math skills.
- Recovery is occurring, with student learning in some areas approaching pre-pandemic levels.
- In some schools, students two or more grade levels below are exceeding expectations and experiencing more substantial learning growth.
The research shows that there are particular and critical points in students' math and reading journeys where they are finding it harder to catch up. Student learning in the critical years of foundational learning—early elementary reading and upper elementary and early middle school mathematics—suffered the greatest setback, with more students falling behind in building essential reading skills that they will need for the rest of their school years and lives. Additionally, students who were further behind before the pandemic are on the slowest trajectory to catch up to grade-level expectations. While data indicates improvements in achievement for historically marginalized students from spring 2021 to spring 2022, the learning inequities that existed long before and were exacerbated by the pandemic persist.
"Continuing to tell the story of the pandemic's impact on student learning and schools' recovery is essential," said Tyrone Holmes, chief inclusion officer at Curriculum Associates. "Our communities and parents need and deserve to know how our students are progressing academically, our education leaders need to know how their schools compare to trends across the nation and hear stories of recovery, and the research community needs to continue to track the true impact to inform policy making."
To learn more about Curriculum Associates' ongoing research on student learning, visit www.StateofStudentLearning.com.
Founded in 1969, Curriculum Associates, LLC designs research-based print and online instructional materials, screens and assessments, and data management tools. The company's products and outstanding customer service provide teachers and administrators with the resources necessary for teaching diverse student populations and fostering learning for all students.
Media contact: press@cainc.com
Website: https://www.curriculumassociates.com/
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SOURCE Curriculum Associates, LLC | https://www.kxii.com/prnewswire/2022/09/14/new-research-curriculum-associates-student-achievement-shows-concerns-bright-spots-recovery-more-students-are-behind-phonics-some-schools-are-exceeding-expectations/ | 2022-09-14T11:31:38Z |
Colorado Leads Nation with Highest Vehicle Theft Rate, California Leads Once Again in Overall Thefts
DES PLAINES, Ill., Sept. 1, 2022 /PRNewswire/ -- According to the National Insurance Crime Bureau's (NICB) Hot Spots Report, vehicle thefts continue to skyrocket in many areas of the U.S. Nationwide, 932,329 vehicles were reported stolen to law enforcement in 2021, a 6% increase over 2020, and a 17% increase since 2019.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/8991753-nicb-report-national-vehicle-thefts-hot-spots/
Colorado led the nation in 2021 with the highest overall theft rate at 661.21 thefts per 100,000 people, up from 502.12 in 2020, an increase of 32%. California led the other states with the highest number of vehicle thefts by volume once again in 2021 with 200,524 vehicles stolen, over 100,000 more thefts than second place Texas.
"For many of us, cars are essential to our livelihoods and the welfare of our families," said NICB President and CEO David Glawe. "NICB, along with our partners in law enforcement, are proactively working to prevent and deter vehicle theft, but vehicle owners can take simple steps to empower themselves. No matter who you are or where you live, theft prevention starts with good security hygiene. Lock your doors and keep your keys with you at all times."
The top 5 states with the most thefts by volume, which include Illinois, Florida, and Colorado, in addition to California and Texas, account for 412,008, or 44%, of all vehicle thefts nationwide. Of these states, only Florida saw a slight decrease in vehicle thefts with 42,808, down from 44,940 in 2020.
In addition to having the most overall thefts by volume, California was also home to the Metropolitan Statistical Area (MSA) and Core-Based Statistical Area (CBSA) with the highest theft rate in the United States as the Bakersfield, CA CBSA had 1,024 thefts per 100,000 people. With a rate of 964.92 thefts per 100,000 people, the Denver-Aurora-Lakewood, CO CBSA was second overall in theft rate, while the former #2, the Yuba City, CA CBSA, fell to tenth place.
Not all states experienced an increase in thefts in 2021. Since the release of the 2020 Hot Spots report, 22 states have seen decreases in vehicle thefts.
The Hot Spots report examines vehicle theft data obtained from the National Crime Information Center for each of the nation's metropolitan statistical areas. These are designated by the Office of Management and Budget and often include municipalities other than the cities for which metropolitan statistical areas are named. For example, Bakersfield, Calif., includes the entire county of Kern, not just the city of Bakersfield.
As a population-based survey, an area with a much smaller population can have a higher theft rate than an area with a greater number of thefts. Creating a theft rate, or number of thefts per 100,000 people, enables analysts to compare large regions, such as Los Angeles, with small regions, such as Hot Springs, Ark.
NICB encourages vehicle owners to consider these tips to avoid becoming a victim of vehicle theft:
- Always practice good security hygiene.
- Make sure your auto policy is up to date.
- Roll up your windows, lock your doors, and take the keys or fob.
- Park in well-lit areas and, when possible, areas staffed by security
- Park personal vehicles in a garage. If not possible, and vehicles must be parked in a driveway, consider installing motion sensor security lights. While lights may not provide complete security, it may make some thieves think twice, making them leave the area and your vehicle untouched.
Should your vehicle be stolen, call law enforcement and your insurer immediately. NICB data shows that reporting a vehicle as soon as possible after it is stolen increases the chance of recovery.
REPORT FRAUD: Anyone with information concerning insurance fraud or vehicle theft can report it anonymously by calling toll-free 800.TEL.NICB (800.835.6422) or submitting a form on our website.
ABOUT THE NATIONAL INSURANCE CRIME BUREAU: Headquartered in Des Plaines, Ill., the NICB is the nation's leading not-for-profit organization exclusively dedicated to combatting and preventing insurance crime through Intelligence, Analytics, and Operations; Education and Crime Prevention; and Strategy, Policy, and Advocacy. The NICB is supported by more than 1,200 property and casualty insurance companies and self-insured organizations. NICB member companies wrote over $582 billion in insurance premiums in 2021, or more than 82% of the nation's property-casualty insurance. That includes more than 96% of the nation's personal auto insurance. To learn more, visit www.nicb.org.
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SOURCE National Insurance Crime Bureau (NICB) | https://www.mysuncoast.com/prnewswire/2022/09/01/nicb-report-finds-vehicle-thefts-continue-skyrocket-many-areas-us/ | 2022-09-01T13:24:18Z |
-North America's premier electric vehicle festival rolls into Pacific Northwest for the first time
-Consumers test ride, drive, and demo products in 1 million sq. feet of outdoor space in Seattle near Husky Stadium
-E-curious consumers expected to engage in 75,000+ demo rides in 2022
-World's leading brands in electric cars, e-bikes, e-scooters, e-skateboards + more
SEATTLE, July 6, 2022 /PRNewswire/ -- Electrify Expo, (https://www.electrifyexpo.com/) North America's largest electric-vehicle festival, is bringing thrill-based experiences to the Emerald City, with the latest in electric cars, e-bikes, e-scooters, e-skateboards as well as electric snow and water vehicles. Following exponential growth at its first stop in Long Beach, CA, the festival is bringing fun and excitement to the Pacific Northwest. As the premier destination for electric mobility, the festival offers demos, test rides, EV street drives, e-motorcycles, e-bikes, e-scooters, e-skateboards, and even surfboards from the world's leading electric brands.
Located above Union Bay on Lake Washington, the expo will take over one million square feet of the "E Lot" near Husky Stadium. Consumers can meet with the world's leading e-mobility brands, and learn about the latest EVs ready for demo, charging solutions, and the advantages of micromobility as part of Seattle city life.
Electric vehicles from BMW, Kia, Lexus (display only), Volkswagen, Polestar, Toyota, Volvo, Arcimoto & Harley-Davidson's Livewire will be on display and available to demo ride on the roads around Husky Stadium. A closed course for e-bikes and e-scooters will feature SUPER73, Specialized, Giant, Aventon, NIU, GoTrax, and more. Surf, skate, snow, and sea-faring products will be on hand as well. The family-friendly festival also includes the Hover-1 Kids Zone for Seattle's young ones to come out and try kid-sized electric mobility.
"The industry is experiencing a major expansion of all types of electric vehicles but the fact remains that consumers want to 'try before they buy.' Electrify Expo answers that need by offering hundreds of exhibitors and demo space to experience the best e-mobility products in the world in a fun, family-friendly, festival environment." said BJ Birtwell, Founder & Executive Producer of Electrify Expo. "With gas prices at extremely high levels and state mandates for lower carbon emissions, there is no better way for consumers to educate and immerse themselves in electrified solutions than an afternoon at Electrify Expo."
To exhibit or attend Electrify Expo visit:
Exhibit: https://www.electrifyexpo.com/partner-registration
Attend: https://www.electrifyexpo.com/attend
To register for a press pass to attend Electrify Expo, you are invited to apply here https://www.electrifyexpo.com/exhibits-press#Press
About Electrify Expo
Electrify Expo is North America's largest outdoor electric vehicle festival showcasing the latest e-mobility products, including EVs, e-motorcycles, e-bikes, e-scooters, e-skateboards, e-boats, e-surfboards, and more from top brands around the world. The festival addresses one of the most challenging barriers to mass adoption of electric vehicles with meaningful hands-on experiences, demonstrations, and test rides. Electrify Expo meets the soaring demand for companies to share new technologies, new modes of mobility and put products in the hands of consumers in a meaningful way. Electrify Expo will feature more than 1M+ square feet of exhibit space in Los Angeles County, Seattle, New York, Miami, and Austin.
Electrify Expo Media Contact
Mission Control Communications
electrifyexpo@missionc2.com
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SOURCE Electrify Expo | https://www.kxii.com/prnewswire/2022/07/06/electrify-expo-north-americas-largest-electric-vehicle-festival-charges-into-seattle-with-worlds-leading-electric-vehicle-brands-july-23-24/ | 2022-07-06T13:30:57Z |
Deven Soni, Chief Executive Officer, Matador Gold Technologies Inc.
TORONTO, June 21, 2022 /PRNewswire/ - Matador Gold Technologies Inc. (Matador Network) is pleased to announce it will be presenting at Gravitas' 3rd Los Angeles Summit at the Beverly Hills Hotel from June 21st to June 24th, 2022, in Beverly Hills, California.
"We are excited to share Matador's vision of modernizing the gold industry and bringing back its lustre for new and existing gold investors," said Geoff St. Clair, VP Finance and Investor Relations at Matador. Matador has raised strategic capital from several top Canadian investors including Kitco Metals, HIVE Blockchain, and Osisko Mining.
Gravitas' 3rd Los Angeles Summit will feature public and private companies across various industries presenting to a highly selective audience of venture capital, family office, and institutional investors attending from Canada, the United States, and abroad. For additional details about the conference and Gravitas Securities Inc., please visit: www.gravitassecurities.com
Event: Gravitas' 3rd Los Angeles Summit
Format: Presentations and Q&A
Dates: Tuesday, June 21st to Friday, June 24th, 2022
Venue: In-person at the Beverly Hills Hotel
Matador is modernizing gold by bringing it to the digital era. Matador is a DTC company that sells premium gold, such as ESG gold, directly to retail using Matador's proprietary mobile platform. Installment plans define the Matador experience, enabling buy now, pay monthly for gold. It also enables retail gold buyers to buy/sell gold in a 24/7 marketplace with the best pricing, user-interface, and payment terms.
Learn more about Matador Gold Technologies Inc. at https://www.matador.network/
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SOURCE Matador Network | https://www.wibw.com/prnewswire/2022/06/21/matador-gold-technologies-inc-attend-gravitas-3rd-los-angeles-summit/ | 2022-06-21T18:14:24Z |
I was pushed very near the edge one night, when the teenagers being housed by the Texas Department of Family and Protective Services on Stratford Drive (Temple) decided to play basketball in the street at 11:30 p.m. It was far from the first time this has occurred!
Despite my shouts to “knock it off,” they simply sassed back and continued playing. After three attempts, I stormed out to confront them. (I’m sure the whole scene was morning fodder for other neighbors who’d likely also been awakened by the basketball game.)
I’ve made noise about this operation invading our neighborhood before. Not just about late-night basketball, but multiple issues/annoyances/nuisances. Complaints to city personnel and departments, to police, to the people who are supposedly in charge of this operation and even here in the Telegram. Nothing changes (even though some folks in charge promise to address issues).
What did I learn? Most of those I’ve complained to can’t … or simply won’t … do anything about the situation. I’ll keep fighting and reaching further and higher!
What I learned this morning? A neighbor also believes in a suspicion I thought was my own: This operation was put in place out of pure greed. And it’s an easy connection to make when one looks at the three parties involved. Altruism? A far second place (if that) from the grab for dollars.
Living next to this operation is not the rosy picture Ms. Farmer tries to paint with altruistic rhetoric. She doesn’t live here; how would she know.
But it will be removed!
Steven Bentsen
Temple | https://www.tdtnews.com/news/letters_to_the_editor/article_f45d90d2-f8b3-11ec-ad79-db9571811b1f.html | 2022-07-02T11:18:04Z |
Former President Trump and the Justice Department (DOJ) on Friday night submitted their candidates to serve as special master in the department’s investigation into documents recovered during a search of Mar-a-Lago.
The former president’s legal team proposed Raymond J. Dearie, a former district court judge in New York, and Paul Huck Jr., who previously served as general counsel to the governor of Florida and deputy attorney general for the state, to fill the position, according to court documents. The DOJ suggested Barbara S. Jones, a former district court judge in New York, and Thomas B. Griffith, a former appeals court judge in Washington, D.C.
According to the filing, the DOJ and Trump’s lawyers disagreed on how the special master should function in the case.
The former president’s lawyers want the special master to review all the materials taken in the Mar-a-Lago search, including those with classified markings, and evaluate potential executive privilege claims.
The DOJ, meanwhile, argued the special master should not review the documents with classified markings or consider executive privilege claims.
Trump’s lawyers also suggested that the two parties split the cost of the special master evenly, while the DOJ said the former president should pay for it given that he requested the special master.
The FBI searched Trump’s Mar-a-Lago home on Aug. 8, saying it recovering more than 100 classified documents. A judge granted Trump’s request to appoint a special master to review the removed documents earlier this week, a ruling which the DOJ has since appealed.
— Updated at 11:05 p.m. | https://cw33.com/hill-politics/trump-doj-submit-candidates-for-special-master-in-mar-a-lago-documents-probe/ | 2022-09-12T22:09:39Z |
PASADENA, Calif. (AP) — Mishael Morgan of “The Young and the Restless” won as lead drama actress, becoming the first Black actor to win in a lead category at the Daytime Emmys on Friday night.
Morgan was previously nominated in the supporting category. The 35-year-old from Trinidad and Tobago plays Amanda Sinclair on the CBS soap.
“I am being honored regardless of the color of my skin, regardless of my passport, for being the best at what I do,” Morgan said. “Now there are little girls all around the world and they’re seeing another step forward and they know that no matter their industry, no matter their vocation, no matter what, they can strive to be the best at what they do. Not only can they achieve it, but they will be celebrated.”
John McCook earned lead actor honors for his role as Eric Forrester on CBS’ “The Bold and the Beautiful.” It was the 78-year-old’s first win in four nominations.
“I am so glad to get this Emmy, any Emmy actually,” he said.
“General Hospital” won daytime drama honors, the ABC show’s 15th triumph in the category. It was the fifth trophy earned by the show Friday.
Morgan is in her second stint on “Y&R.” She first joined the soap in 2013 and stayed until 2018. She returned in 2019 as a different character.
“I am so immensely proud of our generation. We are breaking glass ceilings left, right and center, and I am so honored to be a vessel and experience this moment,” she said. “It’s because of everybody who is out there today who is proving to the world that we can and we will do this thing called equality and unity together.”
Three “General Hospital” stars won honors and the soap’s directing team won for the third consecutive year.
Kelly Thiebaud was chosen supporting actress for playing Dr. Britt Westbourne and Jeff Kober scored as supporting actor for his role as Cyrus Renault. Nicholas Chavez won as younger performer in the soap.
“Wow!” Chavez said. “Just a little over a year ago I was selling cars in a little beach town in Florida. I always had the love and support of my family, but none of us had ever dreamed I’d be up on this stage.”
A gleeful Thiebaud won on her first nomination.
“I cannot believe this. I am so shocked,” she said. “My brother, when I first started acting, he followed my work and he’s like, ’You’re not that good.’ So thank you for giving me something to rub in his face.”
Kober is known for his extensive film and primetime work on such shows as “Sons of Anarchy” and “The Walking Dead.”
“Wow, thank you for making me feel so welcome in daytime. What a trip,” he said. “I love what we get to do for a living, it’s play.”
NBC’s “Days of Our Lives” won for writing team.
Kelly Clarkson earned her third consecutive trophy as entertainment talk show host. Her eponymous show also won its second straight trophy for entertainment talk show. The singer is spending the summer with her children and didn’t attend.
Tamron Hall picked up her second straight trophy as informative talk show host.
Steve Harvey of “Family Feud” won as game show host.
“Jeopardy!” won game show honors.
“’Jeopardy!’ is a show about facts,” executive producer Michael Davies said. “Facts, with everything going on in the world, are more important than ever. ‘Jeopardy!’ is the last place where everyone agrees about facts.”
Daytime doyenne Susan Lucci, who starred on “All My Children” during the show’s entire 41-year network run, received a standing ovation. She introduced the In Memoriam segment, which included a photo of her husband, Helmet Huber, who died in March. Michael Bolton crooned his hit “How Am I Supposed to Live Without You.”
John Aniston of “Days of Our Lives” was honored with a lifetime achievement award for his 37-year role as Victor Kiriakis. The 88-year-old actor wasn’t present.
He was introduced via video by his daughter, Jennifer Aniston, who said, “His career is literally the definition of lifetime achievement.” She noted he began acting in 1962 in primetime and also appeared in such defunct soaps as “Love of Life” and “Search For Tomorrow” before joining “Days” in 1985.
After two years of pre-taped presentations because of the coronavirus pandemic, daytime returned to honoring its own at nighttime with an in-person ceremony. In 2020, the show went virtual for the first time and last year the audience was limited.
Still, the specter of COVID-19 was felt.
Two nominees from “The Young and the Restless” were forced to bow out. Lead actor nominee Jason Thompson, who plays Billy Abbott, and supporting actress nominee Melissa Ordway, who plays Abby Newman, both said on social media they had tested positive for COVID-19 and would miss the show.
Kevin Frazier and Nischelle Turner of “Entertainment Tonight” co-hosted the 49th annual awards held at the Pasadena Convention Center, where many of the nominees sat at socially distanced cocktail tables and others sat in rows next to each other.
Frazier and Turner found themselves accepting a Daytime Emmy when “ET” won for entertainment news series.
Turner opened the show with a reference to the Supreme Court overturning women’s constitutional protections for abortions earlier Friday. She emphatically told Frazier it was “her choice” to wear her blue gown. The crowd cheered and some women stood up.
Supporting actress nominee Nancy Lee Grahn of “General Hospital” walked the indoor red carpet wearing references to the day’s news. She had a temporary tattoo reading “reproductive freedom” on her chest, the word “choice” on her disc earrings and she carried a black purse with “ban off our bodies” spelled out in rhinestones.
“I dare not go through this process without speaking out about the devastation that I have for what happened today and what a dark day it is for women in this country,” the 66-year-old actor said. “We’re not going to allow this, we’re not going to stand for it.” | https://cw33.com/entertainment-news/ap-entertainment/general-hospital-sweeps-supporting-nods-at-daytime-emmys/ | 2022-06-25T21:22:01Z |
PITTSBURGH, April 21, 2022 /PRNewswire/ -- "I wanted to create a more enjoyable, strain-free way to ride a bicycle," said an inventor, from Liberty, Miss., "so I invented the TO GO BIKE. My design could be used for recreation, transportation and racing."
The invention provides a unique motorized bicycle-like vehicle for personal transportation. In doing so, it offers an alternative to driving a car or riding a traditional bicycle. As a result, it could enhance fun and entertainment and it helps to reduce harmful exhaust emissions. The invention features a stable and reliable design that is easy to use so it is ideal for bicycle-riding enthusiasts. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Jackson sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-JTK-122, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/04/21/inventhelp-inventor-develops-motorized-bicycle-like-vehicle-jtk-122/ | 2022-04-21T17:32:00Z |
BEIJING, Aug. 19, 2022 /PRNewswire/ -- A news report from chinadaily.com.cn:
The first World Vocational and Technical Education Development Conference (WVTEDC) will kick off in North China's Tianjin, from Aug 19 to 20. It's expected to be shaped into a first-class platform for promoting vocational education development, and become a brand with Chinese allure and global influence.
Sponsored by the Ministry of Education (MOE), the National Commission of the People's Republic of China for UNESCO and the Tianjin government, the three-day event is set to gather 500 representatives from international organizations, domestic and foreign government agencies, enterprises, research institutions and vocational colleges in the beautiful port city, with an additional 300 attending online.
The much-anticipated conference will host a series of activities, including a main forum and 14 parallel forums, a plenary session of the World TVET League, a vocational college skills competition, and an industry-vocational education integration expo with the theme of "Vocational and Technical Education Development in the Post-Pandemic Era—New Changes, New Ways and New Skills".
The offline venue is located at the National Convention and Exhibition Center. Forum participants will gather to discuss digital economic empowerment, industry and education integration, poverty reduction and lifelong learning, as well as share experience and explore the direction and main tasks of global vocational education reform.
The MOE plans to hold the conference every two years based on the principles of achieving shared growth through discussion, collaboration and mutual learning.
World TVET League
China will launch a World Technical and Vocational Education and Training League, in collaboration with partners, to support global development.
The league, with 131 initial members, has been commissioned to build a vocational education-industry integration community, which it will achieve through strengthening cooperation in talent training, standards and curriculum co-construction, school-running capability improvements and academic exchanges.
The draft constitution has been completed, and will be deliberated in the afternoon of Aug 18.
In addition, the International Vocational and Technical Education Award Program (tentative name) will be launched at the opening ceremony of the WVTEDC on Aug 19, with the league being officially established at the closing ceremony on Aug 20.
World Vocational College Skills Competition
The 2022 World Vocational College Skills Competition kicked off online and in person in the northern port city of Tianjin, on Aug 8.
Nearly 1,000 players from 70 countries and regions have competed against and learned from one another in around20 venues in this beautiful port city.
With a theme of "showing off youth with skills for the future", two competition areas were set up in Tianjin municipality and Jiangxi province, comprising 15 competition and 8 exhibition events. The Tianjin competition area, which served as the main venue, hosted 13 competition and 8 exhibition events.
As the first of its kind hosted by China, the six-day competition focused on contestants' abilities in innovation, coordination and cooperation, and exchanges among vocational schools and enterprises.
In order to enhance friendships, the organizer required that Chinese and foreign players should work together to complete various competitions.
The exhibition category is not as intense as that of the competition, but it is equally fascinating. Things displayed included not only high-level intelligent technology but also unique Chinese traditional culture.
World Expo on the Integration of Vocational Education and Industry
The World Expo on the Integration of Vocational Education and Industry will open to the public on Aug 19, both online and on site. The event is sponsored by the Chinese Society for Technical and Vocational Education.
With a theme of "Make vocational education match new technology and industrial changes", the online part will consist of nine special exhibitions pertaining to the digital economy, smart manufacturing and high-end equipment, frontier technology, the green economy, engineering education and international education.
The offline exhibitions condense the content mentioned above, demonstrating how the high-quality vocational education results Tianjin has achieved serve local development, among which the Luban Workshop is an outstanding example.
The Luban Workshop
During the past six years, the Luban Workshop has created job opportunities in countries in which Chinese companies have increased their investments.
The Luban Workshops are programs designed to offer high-end technical skills training that can help college students meet the requirements of the emerging global market.
To date, 20 workshops have been established in Asia, Africa and Europe by Tianjin's vocational colleges, providing training skills and certifications for more than 200,000 students in 49 majors, including transportation, mechanical engineering and new energy.
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SOURCE chinadaily.com.cn | https://www.kxii.com/prnewswire/2022/08/19/china-led-world-conference-vocational-technical-education-open-tianjin/ | 2022-08-19T10:39:19Z |
SANTA CLARA, Calif., April 1, 2022 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace (the "Company"), today announced that on April 1, 2022, pursuant to the terms previously announced by eHealth on February 28, 2022, the Compensation Committee of its Board of Directors granted inducement stock unit awards to Roman Rariy, an employee of eHealth, Inc. who was appointed the Chief Operating Officer and Chief Transformation Officer of eHealth, Inc. effective March 1, 2022. Each of these awards was granted under the Company's Amended and Restated 2021 Inducement Plan (the "Inducement Plan") and otherwise will be subject to the terms and conditions of a stock unit agreement under the Inducement Plan.
Mr. Rariy received two restricted stock unit awards. The first restricted stock unit award covers 76,688 shares of the Company's common stock and will be subject to vesting over four years, with 25% vesting on the first anniversary of the vesting commencement date of March 10, 2022, and the remainder vesting in equal quarterly installments over the subsequent three years, subject to potential acceleration upon certain terminations of employment. The second restricted stock unit award covers 76,688 shares of the Company's common stock and will become eligible to vest based on the achievement of stock price goals, and will then vest on the first anniversary of the date that the hurdle was met, subject to continued service through the vesting date (and potential acceleration upon certain terminations of employment).
The stock unit awards were granted as inducements material to Mr. Rariy entering into employment with eHealth, Inc. in accordance with NASDAQ Listing Rule 5635(c)(4).
About eHealth, Inc.
eHealth, Inc. (NASDAQ: EHTH) operates a leading health insurance marketplace at eHealth.com and eHealthMedicare.com with technology that provides consumers with health insurance enrollment solutions. Since 1997, we have connected more than 8 million members with quality, affordable health insurance, Medicare options, and ancillary plans. Our proprietary marketplace offers Medicare Advantage, Medicare Supplement, Medicare Part D prescription drug, individual, family, small business and other plans from over 200 health insurance carriers across fifty states and the District of Columbia.
Media inquiries:
Lara Sasken
Senior Vice President, Corporate Communications
pr@ehealth.com
Investor Relations Contact:
Kate Sidorovich, CFA
Senior Vice President, Investor Relations & Strategy
Kate.sidorovich@ehealth.com
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SOURCE eHealth, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/01/ehealth-inc-announces-inducement-grants-under-nasdaq-listing-rule-5635c4/ | 2022-04-01T22:07:33Z |
PHILADELPHIA, Aug 31, 2022 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Hanmi Financial Corporation ("Hanmi" or the "Company") (NASDAQ: HAFC) on behalf of the Company's long-term investors.
Recently an amended shareholder complaint was filed against Hanmi in federal court on behalf of investors who purchased shares of the Company's common stock between August 9, 2018 and April 30, 2020. According to the complaint, during that time period Hanmi and certain of the Company's senior executive officers made a series of false and/or misleading statements to investors concerning Hanmi's financial and operational performance.
As detailed in the complaint, through a series of disclosures made during 2019 and 2020, Hanmi revealed to investors that it had taken a $25 million provision for non-performing loans on its books. In response to the Company's disclosures, shares of Hanmi's common stock declined in value by approximately 60%, or over $15 per share.
The investigation seeks to determine whether the members of Hanmi's board of directors violated the securities laws and/or breached their fiduciary duties in connection with the above alleged misconduct.
Current Hanmi stockholders who purchased or acquired HAFC shares prior to January 1, 2020 are encouraged to contact Kaskela Law LLC (Adrienne Bell, Esq.) at (484) 229 – 0750, or by email (abell@kaskelalaw.com) or online at https://kaskelalaw.com/cases/hanmi/ , for additional information about this investigation and their legal rights and options.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation, and has helped recover in excess of $100 million on behalf of victimized investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.
CONTACT:
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750
www.kaskelalaw.com
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SOURCE Kaskela Law LLC | https://www.kxii.com/prnewswire/2022/08/31/shareholder-alert-kaskela-law-llc-announces-investigation-hanmi-financial-corporation-hafc-encourages-long-term-hafc-stockholders-contact-firm/ | 2022-08-31T13:49:29Z |
Although a federal judge struck down the Biden administration's mask mandate for public transportation Monday, some experts say you don't want to throw out your mask just yet. No matter the form of public transportation -- planes, trains, trams, subways, buses or even rideshares -- good ventilation can help reduce the spread of Covid-19, but masks work best.
"You can't engineer your way out of a problem like this," said Krystal Pollitt, an assistant professor of epidemiology and assistant professor in chemical and environmental engineering at the Yale Institute for Global Health.
Someone infected with Covid-19 releases aerosols that contain the coronavirus when they talk, laugh or simply exhale. If the person isn't wearing a mask to block those aerosols, they can hang in the air and be inhaled by other people nearby.
Outdoors, viral particles may disperse with even a light wind. But indoors, where there is no wind, particles tend to concentrate and hang around. Good ventilation can help break up the concentration of viral particles, but it can't do everything.
"Ventilation is great, but we know if we are outside, the risks are lower. Being able to re-create the same amount of airflow that you would have with just your natural wind patterns in a confined indoor space that's heavily occupied is incredibly hard to do," Pollitt said. "Outside of putting yourself into, say, a wind tunnel, which obviously wouldn't be comfortable for many reasons or energy-wise, we have to think about what's realistic."
How ventilation works on public transit
On public transportation of any kind, a heating, ventilation and air-conditioning system sucks in air from outside, treats it and pushes it into the cabin or car. It's a closed-loop system that can pull a little bit of fresh air.
A bus or subway car can have 10 to 18 air exchanges per hour on the low side, according to Jim Alosi, a former Massachusetts secretary of transportation who is now a lecturer on transportation policy planning at MIT's Department of Urban Studies and Planning; on the high side, it might have 40 to 50.
"Everything depends on the age of the equipment," Alosi said. Older systems are not as efficient as newer ones.
Ventilated air that is well-mixed has good circulation and is relatively safe, said Varghese Mathai, an assistant professor in the Department of Physics at the University of Massachusetts-Amherst who has done studies on how the coronavirus spreads in an environment.
But when ventilation is not as good, the air is not so well-mixed, and there can be zones inside a room with a higher concentration of particles.
"One can't really predict where these zones are not well-mixed in a room. Really, it's a multidimensional problem, and it's not easy to predict in a not-so-well-mixed room how safe it is to stay for an extended duration of time," Mathai said.
And if the transportation system wants maximum efficiency to cool or heat the air in a cabin, it can shut off the air intake and use what's already inside, explained Aly Tawfik, director of the Fresno State Transportation Institute and an assistant professor in the Department of Civil and Geomatics Engineering at California State University, Fresno.
"Buses have filters, just like the ones inside our vehicles," Tawfik said. "But they are not designed for viruses like the coronavirus or the flu virus."
In May 2020, Tawfik and his team did an experiment to see how a virus could spread through buses with a typical ventilation system.
Using nontoxic colored candles and steam, they simulated how air flowed in a variety of buses. They found that HVAC systems are extremely efficient and hold cool or the warm air inside a bus a lot longer than some may expect.
When the team introduced smoke, they saw that it spread in seconds and filled the whole cabin. Even when they opened the doors and introduced fresh air into the HVAC systems, the smoke lingered for minutes. The researchers think the virus behaves like the smoke did and could linger even after an infected person has left a bus.
"These were unpleasant findings, because it means that opening the doors and windows doesn't help much," Tawfik said. "The systems were designed to treat air fast and keep it inside the cabin for a long period of time."
With another experiment, the team tried to see if they could treat the air to make it safer. They tested the buses with three viruses that were similar to the coronavirus.
Cooling the air mitigated an average of about 80% of the viruses, and heating was at about 90%.
"That does not necessarily mean that it's safe, because this 10% is still millions of viruses," Tawfik said. For one thing, it's not clear how much of the virus virus it takes to infect someone.
HEPA filters mitigated about 94% of the viruses. Ionizers were a little less efficient, but photocatalytic oxidation and UV lights were better. UV lights in the HVAC system removed about 99% of the viruses.
Northern California's BART system and New York's Metro system are among those that have introduced some of these technologies during the pandemic.
The friendlier skies
People can catch Covid-19 on planes, especially when an infected person isn't wearing a mask, studies have shown, but a plane's air system is much stronger than one on a bus or train.
Airplanes use HEPA filters that can capture about 99% of particles in the air. They also have better air circulation when flying. Air is typically fed in through the top of the cabin, extracted by floor vents, fed through those filters and eventually sent back into the cabin.
Planes bring in air in a top-to-bottom direction about 20 to 30 times per hour, creating a 50-50 mix of outside and recirculated air and reducing the potential spread of the virus. So the risk of getting sick is low, the experts say.
However, people are usually on planes a lot longer than they may be on a subway or on a bus, and more time in a crowded plane can increase someone's exposure.
When a plane is parked, it does not have that superior circulation.
"Airplane systems are a little similar to bus systems when they are on the ground," Tawfik said. That's why you'll notice the temperature isn't as well-regulated then, and it's also when there isn't the same amount of fresh air circulating. It's then dealing with the same challenges."
A rideshare situation
Uber and Lyft have dropped their mask mandates, and many taxi companies have stopped requiring masks.
Infection in a car is certainly possible, studies show.
You can always wear a mask, and some experts suggest opening car windows and keeping talk to a minimum. Keep in mind that shorter rides are also better than longer ones.
What else can be done to make public transportation safer?
Alosi said there are things that transportation systems could do to mitigate some of the risk. Trains and buses could run more often so there aren't as many people on board, for instance.
He says it could help to require people to show proof of vaccination if they want to get on a train or plane. That probably wouldn't work with subways or buses, though, nor would it fly politically.
Alosi thinks public transportation has been unfairly stigmatized. "If you're not up in arms about people being unmasked in the grocery store, you should chill out about public transit," he said.
Even before masks were mandatory on public transportation, studies have found, mass transit systems don't seem to be major drivers of viral spread.
And although it's not mandatory, the US Centers for Disease Control and Prevention still recommends that people wear masks in indoor public transportation settings.
"When you spend significant duration indoors, you obviously inhale, and if you have co-occupants who are potentially infected, you can inhale these tiny droplets that can get you sick," Mathai said.
Ventilation absolutely helps, he said, but protecting yourself can take multiple tools of mitigation. "Masks really reduce the momentum of these released aerosol droplets."
A mask can even protect you when others aren't wearing them.
"Just wearing a mask is a such a simple solution to increasing the level of safety," Pollitt said. "Putting one on, it's an easy thing to do."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/ventilation-helps-make-public-transit-safer-from-spread-of-covid-19-experts-say-but-masks/article_e7c5e007-df68-557f-a396-d646d3f4d516.html | 2022-04-20T13:52:34Z |
New council will help educate medical professionals, government agencies, legislators, and the public about rare diseases, research and treatment
ATLANTA, May 6, 2022 /PRNewswire/ -- This week, Governor Brian Kemp signed legislation into law to establish a Rare Disease Advisory Council (RDAC) in Georgia. This advisory body will be comprised of a variety of stakeholders including patients, caregivers, health care providers, researchers, and patient advocacy organizations and will advise the Georgia General Assembly and other state agencies and departments on the needs of individuals with rare diseases living in Georgia. The RDAC will be tasked with activities such as conducting surveys to better understand common challenges rare disease patients or caregivers face, consulting with experts to improve access to quality health care, and compiling resources related to rare diseases.
There are more than 7,000 known rare diseases affecting approximately 25-30 million Americans, more than half of which are children. People with rare diseases face many challenges, including delays in obtaining an accurate diagnosis, finding a health care provider with expertise in their condition, and a lack of affordable access to therapies and medications used to treat rare diseases.
"Tuesday marked an incredible milestone for the rare community in Georgia. I would like to extend my heartfelt thanks to Governor Kemp who signed the Rare Disease Advisory Council legislation into law. It is truly an honor to serve and advocate on behalf of children and adults with rare and complex diseases," said Beth Nguyen, RN, the National Organization for Rare Disorders (NORD) Georgia Rare Action Network Volunteer State Ambassador.
"This newly established RDAC will provide a platform for the rare community to have a stronger voice in the state of Georgia. These advocate-built councils are a great display of community engagement and partnership between families and the government. NORD would like to express our appreciation to Representative Mike Cheokas for being a champion for Georgia's rare disease community by sponsoring this important legislation and ensuring it got over the finish line," said Heidi Ross, Vice President, Policy and Regulatory Affairs, NORD.
NORD launched a new initiative, Project RDAC, in 2020 with the goal of increasing the number of RDACs across the country and helping to optimize existing RDACs. A total of 21 states have signed legislation into law creating a Rare Disease Advisory Council, including six in 2021 alone.
For more information on NORD's Project RDAC, visit https://rarediseases.org/projectrdac/. To learn more about NORD's policy work, visit: http://bit.ly/Policy-Issues.
About the National Organization for Rare Disorders (NORD)
The National Organization for Rare Disorders (NORD) is the leading independent advocacy organization representing all patients and families affected by rare diseases in the United States. NORD began as a small group of patient advocates that formed a coalition to unify and mobilize support to pass the Orphan Drug Act of 1983. Since then, the organization has led the way in voicing the needs of the rare disease community, driving supportive policies, furthering education, advancing medical research, and providing patient and family services for those who need them most. Together with over 300 disease-specific member organizations, more than 17,000 Rare Action Network advocates across all 50 states, and national and global partners, NORD delivers on its mission to improve the lives of those impacted by rare diseases. Visit rarediseases.org.
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SOURCE National Organization for Rare Disorders (NORD) | https://www.kxii.com/prnewswire/2022/05/06/georgia-becomes-22nd-state-establish-rare-disease-advisory-council/ | 2022-05-06T19:18:50Z |
VANCOUVER, BC, June 22, 2022 /PRNewswire/ - Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company focused on the development of drill-ready battery and precious metal projects, is pleased to announce that it has begun exploration work at its Jackpot Lake Lithium Brine Project in Clark County, Nevada. The Company has contracted Rangefront Mining Services to provide geological services and now plans to increase the scope of its maiden drilling program.
The upcoming program is focused on sourcing a domestic supply of lithium in Nevada in line with President Biden's initiative:
"To help make electric vehicles work, we need also to increase the production of lithium-ion batteries and we need responsible and sustainable domestic sourcing of the critical materials used to make lithium-ion batteries such as lithium, cobalt, nickel, and graphite," infrastructure implementation coordinator and senior Biden adviser Mitch Landrieu told reporters on May 2, 2022.
- Rangefront Mining Services, a local Nevada firm, has been retained to provide geological services
- Permitting process now underway following a successful site visit from USHA's technical team to review drill sites for the construction of access roads and drill pads in preparation for drilling
- USHA has increased the anticipated scope of the drill program to 2,700 metres over 6 holes
- Plans to commence drilling in late summer / early fall (pending permit approvals)
- Drill program is fully financed as USHA has recently completed an oversubscribed private placement for gross proceeds of $2,895,401 (https://bit.ly/3tOdqUu)
The Company is pleased to announce that a site visit has been completed at the Jackpot Lake Lithium Brine project and that permitting for its maiden drilling program is underway. The purpose of the visit was to assess the Site to review drill sites for the construction of access roads and drill pads in preparation for drilling.
Rangefront Mining Services (Rangefront), a local Nevada firm, has been selected to provide geological services for the design, execution, and management of exploration work at Jackpot Lake. Rangefront is a comprehensive geology and mining consulting firm with personnel that specialize in the planning and execution of lithium brine exploration, including resource estimation, as the Company works towards its goal of completing a 43-101 resource estimate by Q4 of 2022 (https://bit.ly/3tD9ndz).
Furthermore, based on its review and discussion with Rangefront and the successful completion of its oversubscribed private placement for gross proceeds of $2,895,401, the Company has elected to increase the planned scope of its maiden drilling program from 900 metres over 3 holes to 2,700 metres over 6 holes to better define a 43-101 resource. Pending permit approvals, the Company anticipates commencing drilling in the late summer, early fall.
Deepak Varshney, CEO of Usha Resources stated: "USHA is very excited to have begun our journey at Jackpot Lake and capitalize on our geographical advantage on US soil and to partner with the team at Rangefront. We believe they are the right team to work with and their engagement will provide us with consistency and accessibility to a variety and depth of innovative approaches that will accelerate our goals. With a well-funded treasury, we anticipate the remainder of 2022 to be an extremely active year and we look forward to a busy and productive field season at Jackpot Lake as we also proceed with our other catalysts including the Nicobat Nickel spinout."
The Jackpot Lake Lithium Brine Property is located within Clark County, 35 kilometres northeast of Las Vegas, Nevada, and is comprised of 140 mineral claims that total 2,800 acres. The project is exploring a "playa" which appears to be within a closed basin that may contain potentially lithium-rich brines. The geologic model is similar to that of Albemarle's Silver Peak Nevada Lithium Mine which has operated continuously since 1966, where sediments from lithium‑rich surrounding source rocks accumulate and fill the deposit leading to a potential concentration of lithium brine due to successive evaporation and concentration events.
The project is considered to be "drill-ready" based on the following work which has successfully delineated a 5 x 2 kilometre anomaly within a closed basin that suggests the presence of a highly concentrated brine:
- 129 core samples collected by the USGS with an average lithium value of 175 ppm with a high of 550 ppm and spectrographic and atomic-absorption analyses of 135 stream sediment samples confirming the potential for lithium mineral deposits.
- Gravitational surveying which has identified a closed basin, critical for ensuring brines remain within the basin without dilution from external water sources.
- Geophysical modelling based upon gravitational and controlled source audio magnetotellurics/magnetotellurics (CSAMT/MT) surveys has provided evidence of highly concentrated brines which are relatively near the surface. The CSAMT survey results of the Jackpot Lake Project demonstrate a large consistent body of very low resistivity – consistent with highly concentrated brine behavior – throughout the property, predominantly above bedrock depths of 625 meters.
The Company is also pleased to premiere its corporate introduction video, which allows shareholders and the general public to meet Deepak Varshney, CEO of USHA, and learn about the Company and its project. The video can be accessed at the Company's homepage and at the following link: https://youtu.be/3rCA9SjUpps.
The technical content of this news release has been reviewed and approved by Mr. Helgi Sigurgeirson, P.Geo., a qualified person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").
Usha Resources Ltd. is a North American mineral acquisition and exploration company focused on the development of quality battery and precious metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Usha's portfolio of strategic properties provides target-rich diversification and consist of Jackpot Lake, a lithium project in Nevada; Nicobat, a nickel‑copper‑cobalt project in Ontario; and Lost Basin, a gold-copper project in Arizona. Usha trades on the TSX Venture Exchange under the symbol USHA, the OTCQB Exchange under the symbol USHAF and the Frankfurt Stock Exchange under the symbol JO0.
USHA RESOURCES LTD.
"Deepak Varshney" CEO and Director
For more information, please call Tyler Muir, Investor Relations, at 1-888-772-2452, email tmuir@usharesources.com, or visit www.usharesources.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Usha Resources Ltd. | https://www.mysuncoast.com/prnewswire/2022/06/22/usha-resources-initiates-expanded-exploration-program-jackpot-lake-lithium-brine-project/ | 2022-06-22T12:29:50Z |
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the adoption of commercial electric vehicles (EV), today announced that, as expected, the Company received an additional notice of non-compliance from the Listing Qualifications Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") due to the Company's failure to timely file the Form 10-Q for the quarter ended June 30, 2022 with the Securities and Exchange Commission (the "SEC"), as required by Nasdaq Listing Rule 5250(c)(1). As previously disclosed, the Company earlier received notices from Nasdaq regarding its non-compliance with the Rule with respect to the Forms 10-K and 10-Q for the fiscal year ended December 31, 2021, and quarter ended March 31, 2022, respectively. The Company plans to regain compliance with the filing requirement by no later than September 12, 2022, which is the deadline in order to remain compliant with Nasdaq requirements. In the event that such deadline is not met then the Company will apply to Nasdaq for a hearing panel.
Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the completeness of solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com.
This press release contains certain statements that may include "forward-looking statements". All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties, and include statements regarding the Company's plans to provide the Staff with an update regarding its compliance efforts and its plan to regain compliance with the filing requirement by no later than September 12, 2022. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements in this press release are expressly qualified in their entirety by these risk factors in our most recent Form 10-K and Form 10-Q filed with the SEC, and similar disclosures in subsequent reports filed with the SEC, which are available on the SEC website at www.sec.gov. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Contacts
Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116 New York, NY 10018.
Email: ir@ideanomics.com
Malory Van Guilder, Skyya PR for Ideanomics
malory@skyya.com
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SOURCE Ideanomics | https://www.wibw.com/prnewswire/2022/08/12/ideanomics-receives-anticipated-notice-additional-filing-delinquency-nasdaq/ | 2022-08-12T22:04:26Z |
New Products from Can-Am Off-Road, Can-Am On-Road, and Sea-Doo Enhance the Rider Experience Across Platforms
VALCOURT, QC, Aug. 7, 2022 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOOO) continues to redefine what the ultimate rider experience can be across its powersports product lines, with an increased emphasis on fun and accessibility. Can-Am Off-Road adds three all-new youth all-terrain vehicles (ATVs) to the roster and a suite of updates to the rest of the ATV and side-by-side vehicle (SSV) lineups. The Can-Am On-Road lineup brings fresh new stylings to the Spyder and Ryker portfolio, along with enhanced customization options. On the water, Sea-Doo adds two all-new personal watercraft (PWC) with the Sea-Doo Explorer Pro 170 and Sea-Doo RXP-X Apex 300.
"Our relentless pursuit of maximizing rider enjoyment across our different powersports product offerings has been a driving force of our success," said Sandy Scullion, President, Powersports Group at BRP. "The mission to enhance the rider experience across our product lineups manifests itself in a number of different ways, like making more intuitive and easy-to-use vehicles, offering enhanced personalization options, and pushing the boundaries of performance, that's exactly what our 2023 powersports lineup does."
All-new for 2023, Can-Am has added the fuel-injected four-stroke powered Renegade 70 EFI, Renegade 110 EFI, and Renegade X xc 110 EFI youth ATVs to the lineup, taking performance and reliability to a whole new level for the entire family. The full-size Outlander and Renegade lineups feature a bold new look and feel, with improved rider comfort across both product lines.
The SSV lineup also received a suite of updates to the Maverick and Defender product lines. The Maverick X3 DS Turbo solidified its position as the mid-horsepower sport UTV leader by increasing its horsepower (HP) to 135, up 15 HP from the 2022 model, all thanks to an upgraded turbocharger for higher boost, and bigger fuel injectors. Also raising the bar, the Defender is now the pinnacle of working performance for suspension performance and unrivaled tire clearance in the utility-recreational category, and comes stock with 30-inch tires. For more information on the 2023 lineup, view this video or visit the Can-Am Off-Road website.
For 2023, the Can-Am Spyder and Ryker lineups received fresh styling and exciting, long-awaited new updates. The Spyder F3 Limited Special Series is now available in stunning Mineral Blue and show stopping Petrol Metallic colorways. The exclusive Spyder RT Sea-To-Sky returns to the lineup in a Green Shadow colorway, with Prosecco highlights and trims, as well as sleek new wheels. For both the Spyder F3 and Spyder RT, a new platinum package redefines what the modern interpretation of luxury styling is.
The Ryker Rally and Ryker Sport now offer increased personalization options, which include new wheel options, color panel kits, and a slim profile driver backrest with passenger seat option. Additional Ryker updates include new heated and textured ergonomic grips with 4 temperature levels for extra comfort and that remember the rider's last setting. Compatible with cruise control, the easy-to-use grips also feature IP67-rated waterproof sealing to keep them safe from the elements. For more information, view the model year 2023 video or visit the Can-Am On-Road website.
Thrusting into the future of the watercraft world, Sea-Doo is leading the way with two all-new premium personal watercraft (PWC) for 2023 with the Sea-Doo Explorer Pro 170 and the Sea-Doo RXP-X Apex 300. The Sea-Doo Explorer Pro 170 is the most adventure ready, out-of-the-box PWC. The Explorer Pro 170 is ready to navigate new waters with the confidence of knowing it's fully equipped with uncharted water features and technologies. Adventure seekers can ride as a multi-day, self contained exploration package with its massive storage capabilities, fuel efficient load hauling power, and unmatched stability.
Available exclusively through pre-order, the Sea-Doo RXP-X Apex 300 takes PWC performance to a whole new level, complemented by the bold styling and carbon fiber components and a full package of upgraded features. Built upon one of the best performing platforms in the industry, Sea-Doo RXP-X Apex 300 takes handling to the next level with the industry-first steering damper to level-up control and precision in open water conditions.
The award-winning Sea-Doo Switch family of pontoon boats also returns with 2023 models which are easier to drive with a handlebar control system that allows drivers to focus on the world around them and be the confident captain of their family fun adventures. For more information on the 2023 Sea-Doo lineup, view this video or visit the Sea-Doo website.
Download pictures and specs sheets for each product here:
Can-Am Off-Road
Can-Am On-Road
Sea-Doo
Certain information included in this release, including, but not limited to, statements relating to BRP's intention to launch new products, to the effect they will have on consumers' experience, about the Company's current and future business and strategic plans, and other statements that are not historical facts, are "forward-looking statements" within the meaning of Canadian and United States securities laws. Forward-looking statements are typically identified by the use of terminology such as "may", "will", "would", "should", "could", "expects", "forecasts", "plans", "intends", "trends", "indications", "anticipates", "believes", "estimates", "outlook", "predicts", "projects", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases. Forward looking statements, by their very nature, involve inherent risks and uncertainties and are based on several assumptions, both general and specific. BRP cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results or performance of BRP to be materially different from the outlook or any future results or performance implied by such statements. Further details and descriptions of these and other factors are disclosed in BRP's annual information form dated March 24, 2022.
We are a global leader in the world of powersports products, propulsion systems and boats built on 80 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel portfolio to fully enhance the riding experience. With annual sales of CA$7.6 billion from over 120 countries, our global workforce includes close to 20,000 driven, resourceful people.
Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Alumacraft, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.
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SOURCE BRP Inc. | https://www.mysuncoast.com/prnewswire/2022/08/08/r-e-p-e-t-brp-takes-adventures-whole-new-level-2023/ | 2022-08-08T14:59:07Z |
NEW YORK, July 21, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Celsius Financial Products, including CEL Tokens, Earn Rewards high-interest accounts, and/or Celsius Loan products, between February 9, 2018, and June 13, 2022, inclusive (the "Class Period"), against Celsius Network LLC ("Celsius"), Celsius Lending LLC, Celsius KeyFi LLC (collectively, the "Celsius Entities") and its executives Alexander Mashinsky, Shlomi "Daniel" Leon, David Barse, and Alan Jeffrey Carr (together, "Defendants"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 13, 2022.
SO WHAT: If you purchased Celsius Financial Products, including CEL Tokens, Earn Rewards high-interest accounts, and/or Celsius Loan products 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 Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=7586 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 September 13, 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. 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 violated provisions of the Securities Act by selling non-exempt securities without registering it. The complaint alleges that Celsius and Individual Defendants violated provisions of the Securities Act by also participating in Celsius' failure to register the Celsius Financial Products. The complaint alleges that the Defendants violated provisions of the New Jersey Common Law by possessing the monetary value of Celsius Financial Products of inflated value which rightfully belongs to the Plaintiff and members of the Class.
Also according to the lawsuit, Defendants violated provisions of the Exchange Act by carrying out a plan, scheme, and course of conduct that Celsius intended to and did deceive retail investors and thereby caused them to purchase Celsius Financial Products at artificially inflated prices; endorsed false statements they knew or recklessly should have known were material misleading, and they made untrue statements of material fact and omitted to state material facts necessary to make the statements made not misleading.
To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=7586 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.
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.mysuncoast.com/prnewswire/2022/07/22/rosen-leading-law-firm-encourages-celsius-investors-secure-counsel-before-important-deadline-securities-class-action-cel/ | 2022-07-22T00:47:08Z |
HUNTERSVILLE, N.C., Sept. 7, 2022 /PRNewswire/ -- American Tire Distributors ("ATD") today announced the completion of the sale of its Canadian subsidiary, National Tire Distributors ("NTD"), to Groupe Touchette Inc. ("Groupe Touchette").
With the sale of NTD now complete, ATD is moving forward as a more focused organization that is better positioned to serve its customers across the U.S. and invest in the enhanced innovation that is driving its transformation efforts. In addition, with the transaction complete, ATD will advance its goal of reducing emissions by increasing supply chain efficiency and providing technology-enabled connectivity and efficiency through its diverse line of products.
ATD will continue supporting NTD and Groupe Touchette through its new commercial relationship, under which ATD will supply the combined company with its proprietary Hercules and Ironman brand tires and make its advanced analytics software and productivity-enabling tools available to Groupe Touchette's network.
"With the completion of this transaction, we now have more resources, focus and flexibility to build on our momentum and accelerate our transformation," said Stuart Schuette, President and Chief Executive Officer of ATD. "We are driving our strategy forward, rolling out new tools and capabilities and delivering even more connected automotive solutions for the customers and manufacturers we serve. Across ATD, we are excited to continue leading the pace of change in our industry by providing even more connected and better products and services than ever before."
Mr. Schuette continued, "We look forward to continuing to support NTD and Groupe Touchette as their combined business grows in Canada. Through our collaboration, we will help pave the way in developing a cleaner tire industry of the future. We wish the NTD team the best as they officially embark on their next phase as part of Groupe Touchette. I also want to recognize the hard work and dedication of ATD's associates, who will continue to drive our success as we move forward."
Moelis & Company LLC served as financial advisor to ATD and Davies Ward Phillips & Vineberg LLP and Troutman Pepper Hamilton Sanders LLP served as its legal counsel.
About American Tire Distributors
American Tire Distributors is one of the largest independent suppliers of tires to the replacement tire market. It operates more than 115 distribution centers serving approximately 80,000 customers across the U.S. The company offers an unsurpassed breadth and depth of inventory, frequent delivery and value-added services to tire and automotive service customers. American Tire Distributors employs approximately 4,500 associates across its distribution center network. In 2022, the company was recognized as one of Forbes' 2022 America's Best Midsize Employers and a Most Loved Workplace by Newsweek.
Media Contacts
American Tire Distributors
Jessica Kessel
Vice President, Corporate Brand Affairs & Communications
jkessel@atd-us.com
704.516.1162
Aaron Palash / Jack Kelleher / Haley Salas
Joele Frank, Wilkinson Brimmer Katcher
212.355.4449
Claude Breton
Longview Communications & Public Affairs
514.220.1482
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SOURCE American Tire Distributors | https://www.wibw.com/prnewswire/2022/09/07/american-tire-distributors-completes-sale-national-tire-distributors-groupe-touchette-inc/ | 2022-09-07T16:40:36Z |
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