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VANCOUVER, BC, Sept. 16, 2022 /PRNewswire/ - Nevada Lithium Resources Inc. (CSE: NVLH) (OTCQB: NVLHF) (FSE: 87K) ("Nevada Lithium" or the "Company") and its 50% partner in the Bonnie Claire Lithium Project (the 'Project' or 'Property'), Iconic Minerals Ltd. (TSX-V: ICM; OTCQB: BVTEF; FSE: YQGB) ("Iconic") are pleased to provide an update on their 2022 mineral exploration and development plans for the Project, located in Nye County, Nevada.
Nevada Lithium CEO, Stephen Rentschler, comments: "We are pleased to report that our 50% partner, Iconic, who is operator of our initial joint work program, has provided an update on the Bonnie Claire Lithium Project 2022 drilling program. This initial work program, estimated to cost $5mm USD, has been fully funded as part of the Option Agreement, whereby Nevada Lithium obtained its 50% ownership of the Project. We are excited that the work program is providing additional data and material that is furthering development of the Project. We firmly believe that Bonnie Claire is one of the most attractive global lithium assets remaining in junior developers' hands."
Drill Hole BC2201C
Core hole BC2201C reached a final vertical depth of 2001 feet (610 meters), which had a piezometer inserted for groundwater study. All samples not collected for engineering use were submitted to ALS in Reno for geochemical analysis. Logging has been completed and two thick zones of dark green claystone usually indicative of lithium-rich sediments, have been identified. Initial assay results are expected within a couple weeks.
Drill Hole BC2202C
Core hole BC2202C is located 1,759 feet (536 meters) west of BC2201C. The hole is further out on the playa than BC2201C to test whether higher grade lithium (+1000 ppm Li) is closer to the surface than holes near the margins of the alluvial cover. As of September 14th, the rig had drilled to 1,443 feet (440 meters) and will drill to a total depth of approximately 2,000 feet (610 meters). Although not logged yet, dark green claystone was encountered within 25 feet (7.6 meters) of the surface.
Drill Hole BC2203C
Close to the completion of BC2201C, a second core rig arrived on site and is set up 1,840 feet (561 meters) south of BC2201C. This drill hole is also located further out on the playa than BC2201C and will also test whether higher grade lithium (+1000 ppm Li) is close to the surface. The hole has been completed to a total depth of 1,998 feet (609 meters). The drill hole is currently being prepared for geophysical logging. The core shows dark green claystone commencing at 17 feet (5 meters) below the surface.
Drill Hole BC2201
This mud/rotary drill rig is on site and has drilled to 80 feet (24 meters) and set casing. This vertical hole will be drilled to a depth of approximately 2000 feet (610 meters) and is located 20 feet (6 meters) from BC2201C. This hole will be geochem sampled and compared with assays from the adjacent core hole (BC2201C). Based on previous drilling, the Company anticipates that the core lithium values may be 10-15% higher than the mud/rotary hole (see Company's Preliminary Economic Assessment NI 43-101 Technical Report on the Bonnie Claire Lithium Project, Issue date of February 25th, 2022). Once drilling is complete, downhole geophysics will be conducted to determine high permeability zones along with other data. Water samples will be collected and analyzed, and Barr Engineering will perform pumping tests on the permeable zones identified. This well will also be used as a water source for future drilling.
QP Disclosure
Darren L. Smith, M.Sc., P. Geo., Vice President of Exploration of the Company, and Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
Bonnie Claire Property
The Bonnie Claire Property is located within Sarcobatus Valley, which is approximately 30 km (19 miles) long and 20 km (12 miles) wide. Quartz-rich volcanic tuffs containing anomalous amounts of lithium occur within and adjacent to the valley. Drill results from the salt flat include 2,054 ppm Li over 67.1 m (220 ft) in drill hole BC-1601 as well as a 475 m (1560 ft) vertical intercept that averaged 1153 ppm Li. Bonnie Claire is one the largest lithium resources in North America with a current NI 43-101 inferred mineral resource 3,407 million tonnes (Mt) grading 1,013 ppm Li for 18,372 million kilograms of contained lithium carbonate equivalent, at a cut-off grade of 700 ppm Li. Mineral resources are not mineral reserves as they do not have demonstrated economic viability.
The gravity low that characterizes the valley is approximately 20 km (12 miles) long, and the current estimates of depth to basement rocks range from 600 to 1,200 meters (2,000 to 4,000 feet). The current claim block covers an area of 74 km2 (28.6 mi2) with potential for brine systems and further sediment resources.
About Nevada Lithium Resources Inc.
Nevada Lithium Resources Inc. is a mineral exploration and development company focused on shareholder value creation through its core asset, the Bonnie Claire Lithium Project, located in Nye County, Nevada, where it currently holds a 50% interest. A recently completed NI 43-101 Preliminary Economic Assessment returned attractive investment metrics and the Company is actively advancing the Project towards Pre-Feasibility. Learn more: https://www.nvlithium.com/
ON BEHALF OF THE BOARD OF DIRECTORS:
Stephen Rentschler
CEO
Find Nevada Lithium on Social Media: on Instagram and Twitter
The CSE does not accept responsibility for the adequacy or accuracy of this release.
Cautionary Statement
This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the word "will" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These forward-looking statements include, but are not limited to, the proposed exploration program, development of the Bonnie Claire Project, and advancement of the Bonnie Claire Project to pre-feasibility. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.
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SOURCE Nevada Lithium Resources Inc | https://www.wibw.com/prnewswire/2022/09/16/2022-drilling-program-update-bonnie-claire-lithium-project-nevada/ | 2022-09-16T18:42:23Z |
American Airlines places deposit on 20 supersonic planes
DALLAS (AP) — American Airlines has agreed to buy up to 20 supersonic jets and put down a non-refundable deposit on the planes that are still on the drawing board and years away from flying.
Neither American nor the manufacturer Boom Supersonic would provide financial details Tuesday, including the size of American’s deposit.
American, which also took options for 40 more Boom Overture planes, becomes the second U.S. customer for Boom after a similar announcement last year from United Airlines for 15 jets.
It has been nearly 20 years since the last supersonic passenger flight by Concorde, the British-French plane that failed to catch on because of the high cost — both for passengers and airlines.
Boom CEO Blake Scholl insists his company’s plane will be different when it debuts in 2029, with tickets costing about $4,000 to $5,000 to fly from New York to London in about three and one-half hours.
“There are tens of millions of passengers every year flying in business class on routes where Overture will give a big speed-up,” Scholl said in an interview, “and airlines will be able to do it profitably.”
Boom says its plane will have a top speed of 1.7 times the speed of sound, or about 1,300 mph, and carry between 65 and 80 passengers.
Skeptics have questioned Boom’s ambitious timetable, especially in light of the many years it has taken Boeing, an established manufacturer, to get planes or even retrofits to planes approved by the Federal Aviation Administration.
Notably, Boom does not yet have an engine manufacturer lined up. It is talking with Rolls Royce and others.
“With a supersonic jet, you don’t design a plane, you design an engine first,” said Richard Aboulafia, an aerospace analyst at consultant AeroDynamic Advisory. “This is just a collection of freehand drawings until that engine happens.”
Boom says the plane will fly entirely on sustainable aviation fuel, often made from plant material, which is currently in short supply and very expensive.
Boom, which is based in Denver and plans to build the Overture in North Carolina, says the program will cost between $6 billion and $8 billion. The plane carries a list price of $200 million, although other manufacturers routinely give airlines deep discounts.
Last month, Boom announced changes to the plane’s design to make it simpler and less expensive to build and maintain. The most striking change was going from three engines, including a different type on the tail, to four identical engines under the delta-shaped wings.
The market for four-engine planes is shrinking. The Boeing 747 is used mostly for hauling cargo now, and Airbus shut down production of the A380 in 2021. The vast majority of passenger jets flying today have two engines.
Four-engine planes “are that much worse from every standpoint, from economics to emissions,” Aboulafia said. “Nobody wants more engines, the answer is fewer engines.”
American Airlines said the supersonic plane will change travel.
“Looking to the future, supersonic travel will be an important part of our ability to deliver for our customers,” said Derek Kerr, the airline’s chief financial officer.
The union representing American’s pilots questioned the timing of the airline’s investment in planes that won’t be available for several years at best. American has struggled this summer, canceling more than 9,300 flights since June 1 — more than double the cancellations at United, Delta or Southwest — according to FlightAware.
“Investing in today’s operation should be management’s sole focus,” said Dennis Tajer, a spokesman for the union. “If there aren’t any changes to how management schedules this airline and its pilots, these will just be supersonic cancellations.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/16/american-airlines-places-deposit-20-supersonic-planes/ | 2022-08-16T16:08:13Z |
NEW YORK, June 3, 2022 /PRNewswire/ -- AIkido Pharma, Inc. (NASDAQ:AIKI), today announced that the Company's Board of Directors has approved a reverse stock split of its shares of common stock at a ratio of 1 for 17 (the "Reverse Stock Split"). The Reverse Stock Split will become effective at 12:01 a.m. Eastern time on June 7, 2022 and the Company's common stock will open for trading on The Nasdaq Capital Market on a post-split basis on June 7, 2022 under the Company's existing trading symbol "AIKI". At such time, the Company's common stock will also commence trading under a new CUSIP number 0088753043.
We expect that the Reverse Stock Split, which was approved by stockholders at an annual stockholder meeting on May 20, 2022, will increase the market price per share of the Company's common stock, bringing the Company into compliance with listing requirements for The Nasdaq Capital Market.
At the effective time of the Reverse Stock Split, every seventeen (17) shares of AIKI common stock issued and outstanding will be combined into one (1) share of common stock issued and outstanding, with no change to the par value of $0.0001 per share. This will reduce the Company's outstanding common stock from approximately 89,294,446 million shares to approximately 5,252,555 million shares. Fractional shares resulting from the reverse stock split will be rounded down to the nearest whole share, and all currently issued shares of common stock held by a shareholder shall be aggregated for the purpose of determining whether the reverse stock split would result in the issuance of a fractional share. The shares and exercise prices, as applicable, underlying the Company's outstanding equity awards and warrants will also be adjusted accordingly.
The Company's transfer agent, Continental Stock Transfer & Trust Company ("Continental") will provide stockholders of record holding certificates representing pre-split shares of the Company's common stock as of the effective date, a letter of transmittal providing instructions for the exchange of shares. Registered stockholders holding pre-split shares of the Company's common stock electronically in book-entry form are not required to take any action to receive post-split shares. Stockholders owning shares via a broker, bank, trust or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split, subject to such broker's particular processes, and will not be required to take any action in connection with the Reverse Stock Split.
Additional information regarding the reverse stock split can be found in the Company's definitive proxy statement (Form DEF 14A) filed with the U.S. Securities and Exchange Commission on April 12, 2022. Continental can be reached by phone at 917-262-2378
The Company does not anticipate raising any capital in the foreseeable future.
About AIkido Pharma Inc.
AIkido Pharma Inc. was initially formed in 1967 and is a biotechnology Company with a diverse portfolio of small-molecule anticancer and antiviral therapeutics. The Company's platform consists of patented technology from leading universities and researchers, and we are currently in the process of developing an innovative therapeutic drug platform through strong partnerships with world renowned educational institutions, including The University of Texas at Austin and University of Maryland at Baltimore. Our diverse pipeline of therapeutics includes therapies for pancreatic cancer, prostate cancer. We are constantly seeking to grow our pipeline to treat unmet medical needs in oncology. The Company is also developing a broad-spectrum antiviral platform that may potentially inhibit replication of multiple viruses including Influenza virus, SARS-CoV (coronavirus), MERS-CoV, Ebolavirus and Marburg virus.
Cautionary Note on Forward-Looking Statements
This press release and any statements of stockholders, directors, employees, representatives and partners of AIkido Pharma, Inc. (the "Company") related thereto contain, or may contain, among other things, certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve significant risks and uncertainties. Such statements may include, without limitation, statements identified by words such as "projects," "may," "will," "could," "would," "should," "believes," "expects," "anticipates," "estimates," "intends," "plans," "potential" or similar expressions. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. Actual results (including, without limitation, the impact of the Reverse Stock Split described in this release) may differ significantly from those set forth or implied in the forward-looking statements. These forward-looking statements involve certain risks and uncertainties that are subject to change based on various factors (many of which are beyond the Company's control). The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future presentations or otherwise, except as required by applicable law.
Contact:
Investor Relations:
Hayden IR
Brett Maas, Managing Partner
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com
AIkido Pharma Inc.
Phone: 212-745-1373
Email: investorrelations@aikidopharma.com
www.aikidopharma.com
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SOURCE AIkido Pharma Inc. | https://www.mysuncoast.com/prnewswire/2022/06/03/aikido-announces-reverse-stock-split/ | 2022-06-03T22:13:21Z |
SAN DIEGO, Sept. 2, 2022 /PRNewswire/ -- Mirati Therapeutics, Inc. (NASDAQ: MRTX), a clinical-stage targeted oncology company, today announced that the company granted equity awards to 25 new employees with a grant date of September 1, 2022, as equity inducement awards outside of the company's 2022 Equity Incentive Plan (but under the terms of the company's Inducement Plan) and material to the employees' acceptance of employment with the company. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).
The employees received, in the aggregate, options to purchase 99,972 shares of Mirati's common stock, and in the aggregate 64,054 restricted stock units ("RSUs"). The options have an exercise price of $82.04 per share, which is equal to the closing price of Mirati's common stock on September 1, 2022, (the "Grant Date"). One-fourth of the shares underlying the employee options will vest on the one-year anniversary of the grant date and thereafter 1/48th of the shares underlying the employee options will vest monthly, such that the shares underlying the options granted to the employees will be fully vested on the fourth anniversary of the grant date, subject to the employees' continued employment with Mirati on such vesting dates. Each RSU will vest as to 25% of the shares underlying the RSU award on the first anniversary of the grant date and as to an additional 25% of the shares underlying the RSU award annually thereafter, subject to each such employee's continued employment on each vesting date.
Mirati Therapeutics, Inc. is a clinical-stage biotechnology company whose mission is to discover, design and deliver breakthrough therapies to transform the lives of patients with cancer and their loved ones. The company is relentlessly focused on bringing forward therapies that address areas of high unmet need, including lung cancer, and advancing a pipeline of novel therapeutics targeting the genetic and immunological drivers of cancer. Unified for patients, Mirati's vision is to unlock the science behind the promise of a life beyond cancer. For more information about Mirati, visit us at Mirati.com or follow us on Twitter, LinkedIn and Facebook.
This press release contains forward-looking statements regarding the business of Mirati Therapeutics, Inc. ("Mirati"). Any statement describing Mirati's goals, expectations, financial or other projections, intentions or beliefs, development plans and the commercial potential of Mirati's drug development pipeline, including without limitation adagrasib (selective KRASG12C inhibitor), sitravatinib (TAM receptor inhibitor), MRTX1719 (MTA cooperative PRMT5 inhibitor), MRTX0902 (SOS1 inhibitor), and MRTX1133 (selective KRASG12D inhibitor), is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to risks and uncertainties, particularly those challenges inherent in the process of discovering, developing and commercialization of new drug products that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such drugs.
Mirati's forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although Mirati's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by Mirati. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Mirati's programs are described in additional detail in Mirati's quarterly reports on Form 10-Q and annual reports on Form 10-K, which are on file with the U.S. Securities and Exchange Commission (the "SEC") available at the SEC's Internet site (www.sec.gov). Mirati assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
Mirati Contacts
Investor Relations: ir@mirati.com
Media Relations: media@mirati.com
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SOURCE Mirati Therapeutics, Inc. | https://www.kxii.com/prnewswire/2022/09/02/mirati-therapeutics-reports-inducement-grant-under-nasdaq-listing-rule-5635c4/ | 2022-09-02T23:35:54Z |
BUDAPEST, Hungary (AP) — Far from home and unsure when or even if they will ever get back, Ukrainians displaced by war gathered at churches across Eastern Europe on Sunday to celebrate the Orthodox Easter holiday in safety and to pray for an end to the fighting with Russia.
Hundreds of believers crowded into the Church of Saint Michael in Hungary’s capital of Budapest to take part in a liturgy delivered by a Ukrainian priest, a sermon that focused on the cohesion of the Ukrainian people and prayer for those left behind.
“As Ukraine celebrates this holiday, for us Ukrainian Christians, it is also a celebration that gives us hope that with the resurrection will also come victory in Ukraine, and that good will prevail over evil,” said priest Damien Habory after the one-hour service.
The Easter holiday, observed by Orthodox followers according to the Julian calendar, comes as nearly 5.2 million Ukrainians have been forced to flee the violence unleashed on their country by Russia’s invasion.
Most have entered countries on Ukraine’s western border: nearly 2.9 million Ukrainians have fled to Poland, while 775,000 others have fled to Romania and 490,000 have crossed into Hungary since the war began two months ago.
In Bucharest, the Romanian capital, dozens of Ukrainian refugees as well as Romanian faithful came to the Brancusi Parish Church for the Easter liturgy, and to hear a choir sing religious songs in Ukrainian. A priest chanted “Christ is Risen!” to the worshippers, to which they responded, “Indeed he is risen!”
Following the service in Budapest, worshippers lined the street in front of the church with Easter baskets packed with offerings of hand-dyed eggs, candles and pasca — a traditional Easter sweet bread. Habory greeted the worshippers and blessing their Easter baskets with holy water flicked from a liturgical brush used for blessings.
Yaroslava Hortyanyi, chairwoman of the Hungarian Ukrainian Cultural Association, said that bringing Ukrainians together for the Easter holiday was an opportunity for them to pray for themselves and for those they left behind.
“We are all happy for the resurrection of Christ, but we don’t have happiness in our hearts because at the same moment Ukrainian children, Ukrainian soldiers and Ukrainian people are dying,” Hortyanyi said. “People who believe in God believe that this is a way for God to test them … They believe that their prayers will help their husbands and parents that they left at home.”
Kate Gladka, 31, who came to Hungary from Ukraine’s capital of Kyiv a month ago, said she had struggled to hold back her tears during the Easter service, which for her is usually a time for celebration.
“We have new meaning this year because we may be the most alive nation in the world now, and we understand what it means to arise all the time,” she said.
___
Follow all AP stories on Russia’s war against Ukraine at https://apnews.com/hub/russia-ukraine. | https://cw33.com/news/international/ap-international/far-from-home-ukrainian-refugees-pray-at-easter-for-peace/ | 2022-04-25T05:33:30Z |
More than 64,000 attend 2022 Stark County Fair
CANTON – The Stark County Fair had a "very good" turnout this year, but attendance did not surpass 2021, according to a fair board member.
Crystal Bean, assistant secretary for the Stark County Agricultural Society, said in an email that roughly 64,300 guests passed through the gates at the Stark County Fairgrounds this year from Aug. 30 to Sept. 5. The fair board is still working to finalize that number, she said, and expects to have an exact figure by the end of the week.
Fair Board member Jill Sterling said it was a successful year for the Stark County Fair.
It wasn't a record-setting year, she said, but numbers were comparable to last year. The 2021 fair saw the return of normal fair operations after the event was scaled-back in 2020 because of the pandemic. Only the Junior Fair component went on in 2020. It was closed to the public.
"Our attendance wasn't as high as last year, but that was coming off the COVID year, and everyone was anxious to get out," Sterling said.
The Canton Repository reported attendance of roughly 90,000 at the fair in 2019.
The rainy conditions over Labor Day weekend affected some events. The fair canceled its Draft Horse and Pony Show scheduled for Sept. 4 because of the track conditions, as well as a parade meant to honor veterans of Operation Desert Storm and Operation Desert Shield. These servicemembers were still recognized during a ceremony on Sept. 5. It featured speakers retired U.S. Army Maj. Gen. Deborah Ashenhurst, director of the Ohio Department of Veterans Services, and retired Army Lt. Col. Christopher Hills.
Sterling said new additions to the fair this year included a puppet show for kids and a couple of amusement park rides. The Cliffhanger ride proved popular with fairgoers, Sterling said, and had long lines at different times throughout the fair. Guests also enjoyed the Aim High Canines event, she said.
The fair offered a variety of entertainment, including performances by country music artist Chris Lane and comedian Trey Kennedy. Rabbits, horses, cows, goats and chickens were on display during the livestock exhibitions, and food vendors had everything from milkshakes to fresh-cut fries.
"I believe our livestock sale was very popular for our Junior Fair because of the fact that a lot of people were purchasing meat for their home freezers," Sterling said.
Reach Paige at 330-580-8577 or pmbennett@gannett.com, or on Twitter at @paigembenn. | https://www.cantonrep.com/story/news/local/stark-county/2022/09/12/stark-county-fair-sees-very-good-2022-turnout/69486373007/ | 2022-09-12T22:14:09Z |
LOS ANGELES , May 27, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Oscar Health, Inc. ("Oscar" or the "Company") (NYSE: OSCR).
Class Period: March 2021 IPO
Lead Plaintiff Deadline: July 11, 2022
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that the Registration Statement was materially false and misleading and omitted to state: (1) that Oscar was experiencing growing COVID-19 testing and treatment costs; (2) that Oscar was experiencing growing net COVID costs; (3) that Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation (RADV) result relating to 2019 and 2020; (4) that Oscar was on track to be negatively impacted by significant SEP membership growth; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.wibw.com/prnewswire/2022/05/27/oscr-investors-have-opportunity-lead-oscar-health-inc-securities-fraud-lawsuit/ | 2022-05-27T20:04:17Z |
(The Hill) – Medicare could have saved up to $3.6 billion in 2020 if it bought generic drugs at the prices paid by billionaire entrepreneur Mark Cuban’s drug company, according to a new study.
The study from researchers at Brigham and Women’s Hospital in Boston, published in the journal Annals of Internal Medicine, suggests inefficiencies in the way Medicare currently pays for generic drugs.
The Mark Cuban Cost Plus Drug Company, launched online at the start of this year, seeks to simplify the convoluted supply chain for drugs and offer savings to consumers. It offers commonly used generic drugs at a 15 percent markup, plus a $3 dispensing fee and $5 shipping fee. It does not accept insurance, meaning patients pay out of pocket.
That simplified model offers significant savings, the study found. The $3.6 billion in savings amounts to 37 percent of the $9.6 billion that Medicare spent on the 89 drugs examined in the study. There were savings to be had on 77 of those drugs, and 12 with no savings.
“Generic drug competition is a major source of prescription drug savings in the United States, but the lower prices from a direct-to-consumer model highlight inefficiencies in the existing pharmaceutical distribution and reimbursement system, which includes wholesalers, pharmacy benefit managers, pharmacies, and insurers,” the study states. “By one estimate, this supply chain retains 64% of every dollar spent on generic drugs, compared with 25% of every dollar spent on brand-name drugs before rebates.”
Cuban tweeted at President Biden and a string of congressional leaders with a link to the study, saying, “Have your people call my people and let’s get this done.”
Cuban’s efforts and the study are focused on generic drugs, which are already generally cheaper and older medications compared with brand-name drugs.
Congress’s efforts to change the way Medicare pays for drugs have mostly been focused on the more expensive brand-name drugs. Democrats are pushing a proposal to allow Medicare to negotiate lower prices on some of these drugs, a long-held goal for the party.
The study authors conclude that policy efforts at price transparency, increasing competition and limiting pharmacy and distribution costs could help bring similar savings to Cuban’s company to Medicare as a whole. | https://cw33.com/news/nexstar-media-wire/medicare-could-save-3-6b-buying-generic-drugs-at-mark-cuban-pharmacys-prices-study/ | 2022-06-21T22:35:09Z |
Local brewery wins 23rd medal at 2022 World Beer Cup
TOPEKA, Kan. (WIBW) - Blind Tiger Brewery’s Brewmaster has won his 23rd medal in almost as many years - the most any brewmaster has won in a 500-mile radius.
Blind Tiger Brewery and Restaurant says on Thursday, May 5, in Minneapolis, Minnesota, it was awarded a Bronze medal at the World Beer Cup 2022 for its Blind Tiger Bock in the German-Style Bock category.
“Blind Tiger Bock, at 7.0% alcohol, and 16 IBUs, is a tawny brown beauty that will win your heart with the first sip. Full-bodied and rich with warm bread and sweet caramel notes. It just feels right,” John Dean, Brewmaster, said.
Brewed in Blind Tiger’s system at 37th St. and Kansas Ave., with all German ingredients and Topeka water, the brewery said the Bock is an easy-drinking libation for those with different palates. The beer is on tap now at Blind Tiger.
Blind Tiger said the award continues Dean’s streak that began in 2001. Over the years, it said he has earned an astounding 23 national and international medals and awards during his time at the helm of the brew team. This is more awards than any brewery of any size has won for over 500 miles. The awards include:
- Blind Tiger Bock Bronze Award World Beer Cup 2022
- Blind Tiger Bock Bronze Medal Great American Beer Festival 2018
- Basil Beer Gold Medal Great American Beer Festival 2014
- Munich Dunkles Gold Award World Beer Cup 2014
- Maibock Silver Award World Beer Cup 2014
- Capital City Kölsch Gold Medal Great American Beer Festival 2012
- Maibock Gold Award World Beer Cup 2012
- Capital City Kölsch Bronze Medal Great American Beer Festival 2011
- County Seat Wheat Bronze Medal Great American Beer Festival 2010
- Munich Dunkles Bronze Award World Beer Cup 2010
- County Seat Wheat Gold Medal Great American Beer Festival 2009
- Maibock Silver Award World Beer Cup 2008
- Smokey The Beer Gold Medal Great American Beer Festival 2007
- Java Porter Silver Medal Great American Beer Festival 2007
- Maibock Gold Medal Great American Beer Festival 2006
- Java Porter Gold Medal Great American Beer Festival 2004
- Tailwind Rye Bronze Award World Beer Cup 2004
- Tailwind Rye Silver Medal Great American Beer Festival 2003
- Raw Wheat Gold Medal Great American Beer Festival 2002
- Tailwind Rye Silver Medal Great American Beer Festival 2002
- Smokey The Beer Silver Medal Great American Beer Festival 2001
Blind Tiger also said the World Beer Cup is the most prestigious beer competition in the globe. Developed by the Brewers Association in 1996, it said the competition celebrates the art and science of brewing. Global competition is held every two years.
In 2022, the brewery noted that more than 10,500 individual beers were entered by nearly 2,500 different breweries. It said there were 103 beer styles in the competition with 309 awards. A total of 57 countries attended with 226 certified beer judges from 28 countries.
For more information about the Blind Tiger Brewery and Restaurant, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/06/local-brewery-wins-23rd-medal-2022-world-beer-cup/ | 2022-05-06T21:35:27Z |
PITTSBURGH, June 29, 2022 /PRNewswire/ -- "I wanted to create an improved washer and dryer to provide optimum convenience when doing laundry," said an inventor, from Hyde Park, Mass., "so I invented the ALL IN ONE WASH. My design would prevent wet clothes from sitting while waiting to be transferred to the dryer."
The patent-pending invention provides a new design for a clothes washer and dryer. In doing so, it eliminates the need to transfer the clothes from the washer to the dryer. As a result, it could enhance freshness. It also helps to save space within a laundry room or other space. The invention features a convenient and space-saving design that is easy to use so it is ideal for households.
The original design was submitted to the Boston sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-BEC-156, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/06/29/inventhelp-inventor-develops-new-design-washer-dryer-bec-156/ | 2022-06-29T20:15:06Z |
JACKSONVILLE, Fla., Aug. 4, 2022 /PRNewswire/ -- Black Knight, Inc. (NYSE: BKI), a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital markets verticals, today announced unaudited financial results for the second quarter of 2022, as compared to the prior year quarter.
- Revenues of $394.5 million, an increase of 9%; Organic revenue growth of 7%
- Operating income of $77.0 million, an increase of 11%; Operating margin of 19.5% compared to 19.3%
- Earnings before equity in (losses) earnings of unconsolidated affiliates, net of tax of $40.4 million, an increase of 9%
- Net earnings attributable to Black Knight of $40.3 million compared to $39.7 million; Diluted EPS of $0.26 compared to $0.25; Net earnings margin of 10.2% compared to 8.9%; the effect of our investment in Dun & Bradstreet Holdings, Inc. ("DNB") was a decrease in Net earnings attributable to Black Knight of $0.1 million, compared to $5.0 million
- Adjusted EBITDA of $190.7 million, an increase of 7%; Adjusted EBITDA margin was 48.3% compared to 49.1%
- Adjusted operating income of $151.0 million, an increase of 7%; Adjusted operating margin of 38.3% compared to 39.0%
- Adjusted net earnings of $100.5 million, an increase of 13%; Adjusted EPS of $0.65, an increase of 14%
Software Solutions
- Revenues of $339.4 million, an increase of 11%; Organic revenue growth of 9%
- EBITDA of $190.7 million, an increase of 9%; EBITDA margin of 56.2% compared to 57.2%
- Operating income of $154.8 million, an increase of 9%; Operating margin of 45.6% compared to 46.4%
Data and Analytics
- Revenues of $55.1 million, a decrease of 1%; Organic revenue decrease of 2%
- EBITDA of $17.7 million, a decrease of 15%; EBITDA margin of 32.1% compared to 37.2%
- Operating income of $13.7 million, a decrease of 20%; Operating margin of 24.9% compared to 30.6%
Black Knight Executive Chairman Anthony Jabbour said, "Our core performance in the second quarter was consistent with our expectations and highlights the ongoing strength and resilience of our business as we continued to expand and extend our relationships with existing clients through cross-sell and contract renewals, win new clients and deliver innovative new solutions. Our performance further demonstrates our ability to deliver results despite an uncertain economic environment."
Black Knight Chief Executive Officer Joe Nackashi added, "During the second quarter, we achieved Revenue growth of 9%, Organic revenue growth of 7%, Adjusted EBITDA growth of 7% and Adjusted EPS growth of 14%. We are proud to deliver another solid quarter of operating results, as our team continued to execute against our long-term strategic initiatives and we are well-positioned to deliver solid results for full year 2022."
- As of June 30, 2022, we owned 18.5 million shares of DNB common stock.
- As of June 30, 2022, we had cash and cash equivalents of $38.0 million, debt of $2,770.3 million and available capacity of $353.3 million on our revolving credit facility.
On February 15, 2022, we acquired the remaining 40% interest in Optimal Blue Holdco, LLC ("Optimal Blue") for an aggregate purchase consideration of $1.156 billion paid in a combination of 36.4 million shares of DNB common stock valued at $722.5 million and cash of $433.5 million funded with borrowings under our revolving credit facility. In the quarter ended March 31, 2022, we recognized a gain of $305.4 million, net of tax, related to this transaction. Additionally, the Tax Cuts and Jobs Act of 2017 amended Internal Revenue Code Section 174 ("Section 174") to eliminate current-year deductibility of research and experimentation expenditures and software development costs beginning in 2022, and now requires these costs to be capitalized and amortized over a period of time. For the six months ended June 30, 2022, the change in net cash provided by operations compared to the same period in 2021 is primarily related to higher income tax payments resulting from the DNB gain recognized as part of the Optimal Blue transaction and the effect of the change in timing of deducting certain costs under Section 174.
As a result of the proposed transaction with Intercontinental Exchange, Inc. ("ICE") that was announced on May 4, 2022 (the "ICE Transaction"), Black Knight has suspended the practice of providing forward-looking guidance. In addition, Black Knight will not be hosting a conference call related to its second quarter 2022 earnings release.
Definitions of non-GAAP financial measures and the reconciliations to the most directly comparable GAAP measures are provided in subsequent sections of the press release narrative and supplemental schedules.
Black Knight, Inc. (NYSE:BKI) is an award-winning software, data and analytics company that drives innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage our robust, integrated solutions across the entire homeownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively.
Our clients rely on our proven, comprehensive, scalable products and our unwavering commitment to delivering superior client support to achieve their strategic goals and better serve their customers. For more information on Black Knight, please visit www.blackknightinc.com.
This earnings release contains non-GAAP financial measures, including Organic revenue growth, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted operating income, Adjusted operating margin, Adjusted net earnings and Adjusted EPS. These are important financial measures for us but are not financial measures as defined by generally accepted accounting principles ("GAAP"). The presentation of this financial information is not intended to be considered in isolation of or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP.
We use these non-GAAP financial measures for financial and operational decision making and as a means to evaluate period-to-period comparisons. We believe these measures provide useful information about operating results, enhance the overall understanding of past financial performance and future prospects and allow for greater transparency with respect to key metrics used by management in its financial and operational decision making, including determining a portion of executive compensation. We also present these non-GAAP financial measures because we believe investors, analysts and rating agencies consider them useful in measuring our ability to meet our debt service obligations. By disclosing these non-GAAP financial measures, we believe we offer investors a greater understanding of, and an enhanced level of transparency into, the means by which our management operates the company.
These non-GAAP financial measures are not measures presented in accordance with GAAP, and our use of these terms may vary from that of others in our industry. These non-GAAP financial measures should not be considered as an alternative to revenues, operating income, operating margin, net earnings, net earnings per share, net earnings margin or any other measures derived in accordance with GAAP as measures of operating performance or liquidity. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are presented in the attached schedules.
Revenues, EBITDA, EBITDA margin, Operating income and Operating margin for the Software Solutions and Data and Analytics segments are presented in conformity with Accounting Standards Codification Topic 280, Segment Reporting. These measures are reported to the chief operating decision maker for purposes of making decisions about allocating resources to the segments and assessing their performance. For these reasons, these measures are excluded from the definition of non-GAAP financial measures under the Securities and Exchange Commission's ("SEC") Regulation G and Item 10(e) of Regulation S-K.
Organic revenue growth - We define Organic revenue growth as Revenues for the current period compared to an adjusted revenue base for the prior period, which is adjusted to add pre-acquisition revenues of acquired businesses for the portion of the prior year matching the portion of the current year that we owned the acquired businesses.
Adjusted EBITDA - We define Adjusted EBITDA as Net earnings attributable to Black Knight, with adjustments to reflect the addition or elimination of certain statement of earnings items including, but not limited to:
- Depreciation and amortization;
- Impairment charges;
- Interest expense, net;
- Income tax expense;
- Other expense, net;
- Equity in losses (earnings) of unconsolidated affiliates, net of tax;
- (Gains) losses related to investments in unconsolidated affiliate, net of tax;
- Net earnings (losses) attributable to redeemable noncontrolling interests;
- equity-based compensation, including certain related payroll taxes;
- acquisition-related costs, including costs pursuant to purchase agreements;
- costs related to the ICE Transaction; and
- costs associated with expense reduction initiatives.
These adjustments are reflected in Corporate and Other.
Adjusted EBITDA margin - Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by Revenues.
Adjusted operating income – We define Adjusted operating income as Operating income, with adjustments to reflect the addition or elimination of certain statement of earnings items including, but not limited to:
- equity-based compensation, including certain related payroll taxes;
- acquisition-related costs, including costs pursuant to purchase agreements;
- costs related to the ICE Transaction;
- costs associated with expense reduction initiatives; and
- the net incremental depreciation and amortization adjustments associated with the application of purchase accounting.
These adjustments are reflected in Corporate and Other.
Adjusted operating margin - Adjusted operating margin is calculated by dividing Adjusted operating income by Revenues.
Adjusted net earnings - We define Adjusted net earnings as Net earnings attributable to Black Knight with adjustments to reflect the addition or elimination of certain statement of earnings items including, but not limited to:
- equity in losses (earnings) of unconsolidated affiliates, net of tax;
- (gains) losses related to investments in unconsolidated affiliate, net of tax;
- the net incremental depreciation and amortization adjustments associated with the application of purchase accounting;
- equity-based compensation, including certain related payroll taxes;
- costs associated with debt and/or equity offerings;
- acquisition-related costs, including costs pursuant to purchase agreements;
- costs related to the ICE Transaction;
- costs associated with expense reduction initiatives;
- costs and settlement (gains) losses associated with significant legal matters;
- adjustment for income tax expense primarily related to the tax effect of the non-GAAP adjustments and a discrete income tax benefit related to the establishment of a deferred tax asset as a result of our reorganization of certain wholly-owned subsidiaries; and
- adjustment for redeemable noncontrolling interests primarily related to the effect of the non-GAAP adjustments.
Adjusted EPS - Adjusted EPS is calculated by dividing Adjusted net earnings by the diluted weighted average shares of common stock outstanding.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements regarding expectations, hopes, intentions or strategies regarding the future are forward-looking statements. Forward-looking statements are based on Black Knight management's beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Black Knight undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
The risks and uncertainties that forward-looking statements are subject to include, but are not limited to:
- the occurrence of any event, change, or other circumstance that could give rise to a right in favor of ICE or us to terminate the definitive merger agreement governing the terms and conditions of the proposed transaction;
- the outcome of any legal proceedings that may be instituted against us or ICE;
- the possibility that the proposed transaction does not close when expected or at all because required regulatory, stockholder, or other approvals and other conditions to closing are not received or satisfied on a timely basis or at all (and the risk that such approvals may result in the imposition of conditions that could adversely affect ICE or us or the expected benefits of the proposed transaction);
- the diversion of management's attention and time from ongoing business operations and opportunities on merger-related matters;
- security breaches against our information systems or breaches involving our third-party vendors;
- our ability to maintain and grow our relationships with our clients;
- our ability to comply with or changes to the laws, rules and regulations that affect our and our clients' businesses;
- our ability to adapt our solutions to technological changes or evolving industry standards or to achieve our growth strategies;
- our ability to protect our proprietary software and information rights;
- the effect of any potential defects, development delays, installation difficulties or system failures on our business and reputation;
- changes in general economic, business, regulatory and political conditions;
- impacts to our business operations caused by the occurrence of a catastrophe or global crisis;
- the effects of our existing leverage on our ability to make acquisitions and invest in our business;
- risks associated with the recruitment and retention of our skilled workforce;
- risks associated with the availability of data;
- our ability to successfully consummate, integrate and achieve the intended benefits of acquisitions;
- risks associated with our investment in DNB; and
- other risks and uncertainties detailed in the "Statement Regarding Forward-Looking Information", "Risk Factors" and other sections of our Annual Report on Form 10‑K for the year ended December 31, 2021 and other filings with the SEC.
In connection with the ICE Transaction, on June 17, 2022, ICE filed with the SEC a Registration Statement on Form S-4 (File No. 333-265709), as amended on July 22, 2022, to register the shares of ICE common stock to be issued in connection with the ICE Transaction. The Registration Statement includes a preliminary proxy statement of ours that also constitutes a preliminary prospectus of ICE. Once the Registration Statement becomes effective and the proxy statement/prospectus is in definitive form, the definitive proxy statement/prospectus will be mailed to our stockholders seeking their approval of the ICE Transaction and other related matters.
INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT ON FORM S-4 AND THE PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION STATEMENT ON FORM S-4, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH THE ICE TRANSACTION OR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT/PROSPECTUS, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION REGARDING US, ICE, THE ICE TRANSACTION AND RELATED MATTERS.
Investors and security holders may obtain free copies of these documents and other documents filed with the SEC by us or ICE through the website maintained by the SEC at http://www.sec.gov or from us at our website, www.blackknightinc.com, or from ICE at its website, www.theice.com. Documents filed with the SEC by us will be available free of charge by accessing our website at www.blackknightinc.com under the tab "Investors" and then under the heading "Financials – SEC Filings" or, alternatively, by directing a request by mail or telephone to Black Knight, Inc., 601 Riverside Avenue, Jacksonville, Florida 32204, Attention: Investor Relations, (904) 854-5100, and documents filed with the SEC by ICE will be available free of charge by accessing ICE's website at www.theice.com and following the link for "Investor Relations" or, alternatively, by directing a request by mail or telephone to Intercontinental Exchange, Inc., 5660 New Northside Drive, Third Floor, Atlanta, Georgia 30328, Attention: Investor Relations, (770) 857-4700, or by email to investors@ice.com.
We, ICE, and certain of our and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from our stockholders in connection with the ICE Transaction under the rules of the SEC. Information about the interests of our and ICE's directors and executive officers and other persons who may be deemed to be participants in the solicitation of our stockholders in connection with the ICE Transaction and a description of their direct and indirect interests, by security holdings or otherwise, are contained in the preliminary proxy statement/prospectus that has been filed with the SEC and will be contained in the definitive proxy statement/prospectus related to the ICE Transaction, which will be filed with the SEC. Additional information about us, our directors and executive officers and their ownership of our common stock is also set forth in the definitive proxy statement for our 2022 Annual Meeting of Stockholders, as filed with the SEC on Schedule 14A on April 28, 2022, and other documents subsequently filed by us with the SEC. Additional information about ICE, the directors and executive officers of ICE and their ownership of ICE common stock can also be found in ICE's definitive proxy statement in connection with its 2022 Annual Meeting of Stockholders, as filed with the SEC on March 25, 2022, and other documents subsequently filed by ICE with the SEC. Free copies of these documents may be obtained as described above.
This communication is not intended to and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote of approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale 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.
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SOURCE Black Knight, Inc. | https://www.kxii.com/prnewswire/2022/08/04/black-knight-reports-second-quarter-2022-financial-results/ | 2022-08-04T12:37:12Z |
Processors partner with Messer for a step change in production
BRIDGEWATER, N.J., June 6, 2022 /PRNewswire/ -- As baked goods and prepared foods producers have grown during this tight labor market, Messer has innovated along with them to meet their production goals. Messer will highlight the newest freezing and chilling solutions that help processors increase production and repurpose their labor at the 2022 International Baking Industry Exposition (IBIE).
At IBIE, Messer will showcase testimonials from decades long customers who embraced Messer's latest freezing and chilling solutions to boost production when they needed it most. These solutions include:
- The new, patented Wave Impingement Freezer may increase production up to 50% for individually quick frozen (IQF) foods like pasta, inclusions or even pizza toppings. It combines the efficiency of nitrogen impingement freezing with an adjustable wave-action to improve product quality and reduce labor requirements.
- Messer's wide range of Spiral Freezers process a variety of food products like whole pizzas, gourmet snacks, and burritos. These freezers provide flexibility and can boost productivity on existing lines. Dependable, easy to operate and maintain, it offers large freezing capacity of up to 10,000 pounds per hour in a small footprint.
Messer's food team and product testing at the Messer Technical Innovation Center in Cleveland, Ohio can help bakery operators determine which cryogenic solution provides the best value for their production facilities.
Click here to learn more about Messer freezing and chilling solutions for baking featured at Booth 3665 at IBIE Sept. 18-21 in Las Vegas.
About Messer Americas
Messer is the largest privately held industrial gas business in the world, and a leading industrial and medical gas company in North and South America. Messer offers over 120 years of expertise in industrial, medical, specialty and electronic gases. The company delivers quality gases, related services and technology via an extensive production and distribution network. Health and safety, sustainability practices and environmental protection are core Messer values that are embedded in the company's daily operations.
Messer Americas is part of the Messer SE & Co. KGaA, representing a USD ~3.8 billion enterprise with presence in the Americas, Europe and Asia. For more information, visit: www.messeramericas.com.
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SOURCE Messer Americas | https://www.mysuncoast.com/prnewswire/2022/06/06/messers-innovative-cryogenic-solutions-are-ingredient-growth-ibie/ | 2022-06-06T15:48:02Z |
WUXI, China, July 31, 2022 /PRNewswire/ -- NeuroXess announced that it has been included in MIT Technology Review's list of the world's 50 smartest companies – the TR50 list – released on July 29 in Wuxi, China. NeuoXess was recognized mainly for its silk-enabled minimally invasive implantable high-throughput flexible brain-machine interface (BMI) system. It is the youngest company (founded in October,2021) to date to make the list. Dr. Tiger H. Tao, Co-founder and Chief Scientist at NeuroXess, attended the award ceremony.
Every year since 2010, MIT Technology Review has assembled the list of what it considers the world's 50 smartest companies, based on two necessary criteria, technology leadership and business acumen, as part of an effort to give an indication of what the future of technology will look like. The TR50 list has long been regarded as one of the most important guides to the world's emerging technologies and a global technology innovation benchmark. The most important factor taken into consideration when putting together the list, is the ability of the firm to implement and commercialize emerging technologies.
NeuroXess is a high-tech life science company focusing on flexible BMI technologies to protect and better understand the brain. The company has put together an outstanding and synergized team from both the academia and the industry to simultaneously achieve the benefits of cutting-edge research and the realization of commercial value. NeuroXess has obtained financing amounting to $15 million earlier this year, just three months post-inception. It was the largest early-stage financing achieved in this field in China.
A single silk-based flexible neural probe consists of thousands of channels for single neuron recording and brain stimulation while the implantation incision is less than 0.7 mm in diameter. The technology has been applied and tested comprehensively in rodent and non-human primate models for preclinical verification. The company has received the clinical ethics approval for its flexible BMI technology to go to clinical trial.
The brain-computer interface technology submission garnered the Super AI Leader, the highest award given at the 2021 World Artificial Intelligence Conference. The technology was selected as one of the conference's key new findings together with the Huawei Pangu Large Model technology and Alibaba Cloud's Aurora Heterogeneous Computing Acceleration Platform. The technology is also included on the list of the 2021 AI research achievements at the Chinese Academy of Sciences.
NeuroXess has achieved several core technology breakthroughs in terms of the manufacturing of the key device for the invasive brain-computer interface. Some of the NeuroXess's devices have already surpassed Neuralink in terms of certain performance indicators.
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SOURCE NeuroXess | https://www.kxii.com/prnewswire/2022/08/01/neuroxess-made-list-mit-technology-reviews-tr50-its-silk-based-minimally-invasive-implantable-flexible-brain-machine-interface-technology/ | 2022-08-01T03:47:34Z |
1 in 4 home offers are now cash—here’s what that means for the average home buyer
Natee Meepian // Shutterstock
1 in 4 home offers are now cash—here’s what that means for the average homebuyer
Real estate in the last few years has produced one of the hottest—if not the hottest—markets in the last quarter-century. With a limited number of houses for sale, competition is fierce and bidding wars abound.
To compete, many homebuyers offered all-cash offers to win over sellers—they comprised 25% of all market offers in February 2022. Real estate platform ZeroDown researched the popularity of cash offers in the current housing market and their appeal to homebuyers and sellers, as well as how the rise of cash offers affected competition in the market.
What do all-cash offers mean for traditional homebuyers who’ve pushed hard just to come up with a 20% deposit? Likely, a financed offer will need to be at least 1% higher than the all-cash offer to win in a bidding war. So, are white picket fence dreams only that: fantasies?
Whether a buyer or seller in today’s market, here are some things you should know about all-cash offers.
CC7 // Shutterstock
Cash offers aren’t actually all-cash
When purchasing a house, there are various financing options to consider for covering the cost, including but not limited to conventional loans and FHA loans.
Some buyers opt for an all-cash offer. Despite how it sounds, actual cash isn’t what’s exchanged. Instead, an all-cash offer means the buyer doesn’t need to borrow money from a lender or take out a mortgage in order to purchase the house. There are a lot of reasons this is attractive to a buyer, including expediting the sale by saving time and money on paperwork processing and lender approvals.
BalanceFormCreative // Shutterstock
Housing demand is still outpacing housing supply
As buyers and sellers consider entering the real estate market, many share the same question. Is the market finally flattening out?
The Realtors Confidence Index survey put forth by the National Association of Realtors Research Group in February 2022 provides some answers about how tumultuous the real estate market has been in the last few years. Compared to one year ago, the study found fewer listings coming into the market. With demand for housing outstripping supply, competition has been fierce. The study found that 84% of listed homes are snapped up in less than one month, with most properties averaging just 18 days on the market. Sellers receive an average of 5 offers for their homes and nearly half of the offers are above asking price.
BalanceFormCreative // Shutterstock
25% of home offers in February 2022 were cash offers
Another stat from the Realtors Buyer Traffic Index to pay attention to: In February 2022, 25% of offers were all-cash. In 2021, all-cash offers were more than four times as likely to win a bidding war. They also improved a competitive offer’s success rate by 334%.
The study also found that more than 23% of buyers were using other strategies to successfully close bids, including waiving financing contingencies and property pre-inspections.
Poungsaed-Studio // Shutterstock
The appeal of cash offers in 2022
Why might a seller prefer a cash offer over a financed one?
Cash offers offer verified proof of funds, which ensures the close of a sale without delays or the risk of the buyer losing funding midway. And with no need for mortgage approval, the underwriting process—which can take up to 60 days—can be as fast as two weeks with cash.
No lender means significant time savings during the paperwork and approval process. And lastly, an all-cash purchase alleviates a potential appraisal gap, or the difference between how much a buyer is willing to pay versus what a lender agrees to finance. If a property appraisal report finds the home is worth less than the seller’s price, lenders may offer potential buyers less than what the seller is asking for. But with no appraisal needed in all-cash offers, this means a property’s value is based on whatever the buyer is willing to pay.
This story originally appeared on ZeroDown
and was produced and distributed in partnership with Stacker Studio. | https://localnews8.com/stacker-news/2022/04/28/1-in-4-home-offers-are-now-cash-heres-what-that-means-for-the-average-home-buyer/ | 2022-04-29T07:05:50Z |
This honor highlights ReluTech's continued commitment to its employees.
ATLANTA, June 27, 2022 /PRNewswire/ -- On June 23, 2022, National Association for Business Resources named ReluTech, an IT solutions provider under Catalyst Tech Ventures, a winner of "2022 Atlanta's Best and Brightest Companies to Work For®".
The Best and Brightest award recognizes employers with the most innovative business and human resources practices that facilitate an empowering workplace culture. This national program bestows this honor upon organizations that have strived to build an enriching and stronger community.
"We are thrilled to again be recognized as one of the best places to work in Atlanta," says Mark Metz, CEO and Founder of ReluTech. "I give all the credit for maintaining this honor to our amazing employees who are the backbone of our work culture and always put our company values into practice. I couldn't be prouder!"
The recipients of the "2022 Atlanta's Best and Brightest Companies to Work For®" award were assessed by an independent research firm that review the following key indicators to determine the winners: Compensation, Benefits and Employee Solutions; Creative, Wellness and Wellbeing Solutions, Employee Enrichment, Engagement and Retention; Employee Education and Development; Recruitment and Selection; Employee Achievement and Recognition; Communication and Shared Vision; Diversity, Equity and Inclusion; Work-Life Blend; Community Initiatives and Corporate Responsibility; and Leadership, Strategy and Company Performance.
About ReluTech: ReluTech is an IT solutions provider focused on reducing infrastructure data center costs for cloud-committed customers. We provide cost-effective solutions for customers who own physical data center assets, unlocking today's capital value of their equipment to offset the costs of migrating. To learn more about our services, visit our website.
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SOURCE ReluTech | https://www.kxii.com/prnewswire/2022/06/27/relutech-is-named-2022-atlantas-best-brightest-companies-work-winner/ | 2022-06-27T17:40:32Z |
10 ways to promote a diverse and inclusive workplace
GaudiLab // Shutterstock
10 ways to promote a diverse and inclusive workplace
Building a more equitable workplace starts with a company investing in a strong, inclusive workplace culture. Employees who work at a company that allows them to feel supported, respected, and fairly compensated empowers them to do their best work. Especially for individuals who are part of one or more marginalized communities—like Black and Latinx women who are often paid less than white male counterparts, or those who face discrimination based on their gender identity or sexual orientation—encountering biases frequently at work can impact their ability to succeed.
The benefits of having a diverse and inclusive workplace include talent retention and worker satisfaction, but a fully engaged workplace is also good for a company’s bottom line as well. A 2019 study from McKinsey & Company found that companies that ranked highest for ethnic and cultural diversity outperformed in profitabilty by 36% compared to less diverse companies. The study also found that businesses with more than 30% women in executive roles were more likely to outperform companies with fewer women executives.
As more companies invest more to promote a diverse and inclusive workplace, Job Sage compiled a list of approaches that employers can implement using news articles and other media, and advice from human resource experts.
Jacob Lund // Shutterstock
Encourage self-expression at work
“Belonging” is a tough word to define, but it can be a contributing factor to the amount of turnover at any company. In other words, feeling left out doesn’t only happen in high school and as adults, we often make the choice to leave unwelcoming environments. Whether an employee is a member of a marginalized community that doesn’t get much representation at the corporate level, or is someone with a niche interest, they may encounter unconscious biases, passive-aggressive remarks, ignorant comments, or even exclusion and discrimination.
Building a workplace culture starts with encouraging workers to express themselves authentically. Forbes gives insight to executives specifically about encouraging self-expression in the LGBTQ+ community at work: “Once you start thinking about how your language can cue belonging, you will see myriad ways to improve it.” That means not just talking about husbands and wives, but romantic partners across the gender spectrum as well.
Jacob Lund // Shutterstock
Addressing unconscious bias in the workplace
The thing about unconscious bias is that it’s hard to recognize until we dig a little deeper. It requires us to ask ourselves hard questions about our assumptions about people who look different from us, or who come from unfamiliar backgrounds, or who we don’t often encounter in our social circles or other everyday interactions. Many institutions and consulting firms have created resources for companies to recognize and combat unconscious bias with inclusive information and practices.
One of the ways that this type of bias surfaces is through microaggressions—actions or words that stem from indirect or sometimes unintentional discrimination. Experiencing microaggressions is one of the common factors that deter and discourage people from wanting to work within a company. There are many resources that can aid employers to have closer relationships with employees by showing how much respect they have for everyone, even if they don’t know all the right things to say.
fizkes // Shutterstock
Provide mental health support and services
We spend most of our weekdays at work. Every stressful meeting, last-minute problem, or loss of a team member can affect our performance. Not checking in on employees and assuming that people don’t need help can often lead to many suffering in silence. According to the CDC, depression alone “interferes with a person’s ability to complete physical job tasks about 20% of the time and reduces cognitive performance about 35% of the time.”
Mental health services at work can include an in-house counselor, seminars to teach wellness and work-life balance, and making self-assessment tools available so that employees are aware of the effect work has on them. The nature of work is changing, so the CDC also suggests that as the company makes policy changes, they allow employees to have a say in what happens.
Jacob Lund // Shutterstock
Invite diversity of opinions in discussions
The workplace is the perfect place for social development and building leadership skills, but belonging plays a role in that as well, even after recruiting and hiring is over. The people you invite into your space still need to have an equal voice in conversations about culture and how people should be treated.
An advisor wrote in the Harvard Business Review that leaders should “zero in on the source of the silence.” Are you listening more than speaking? Are you recording and implementing suggestions from multiple types of people? Many people are worried about speaking up at work because they feel some people may get repercussions while others won’t.
Jacob Lund // Shutterstock
Ensure employees are held to the same standards
“Inclusive” is another buzzword that’s hard to achieve in real life, but it becomes more real once damaging workplace discrimination begins. If two people commit the same infraction, but one person gets a stricter punishment, that is the perfect time to examine if implicit biases are present and why two employees are held to different standards.
Another way a company may be systemically discriminatory is through compensation. Companies may be reinforcing gender and racial pay gaps—when one employee who does the same work is paid differently than another. One way to combat this is by collecting pay data by race, ethnicity, and gender to find out where discrimination may be hiding.
Andrey_Popov // Shutterstock
Consider diversity and inclusivity in leave and holiday policies
Thoughtfully reevaluating your company’s paid leave and designated holiday calendar is one step to build a more inclusive culture. Taking steps for intentional and ongoing commitment—not just one-off events—is key. Acknowledging religious and cultural observances through company-wide announcements, recognizing them through support or celebration, and implementing policies that allow flexibility through paid time off can help those once “othered” feel like they belong. Whether through cultural awareness obervances such as Juneteenth, which celebrates Black history in America, Indigenous People’s Day or religious holidays, it’s important to remember that every policy, even maternity and paternity leave, is a reflection of the company’s values.
Jacob Lund // Shutterstock
Make online bias and diversity training courses available for all employees
Depending on the industry, your employees may be subject to more bias and exclusion than others. Hiring a woman leader can be a big step for inclusion at your company if it has never had a woman in the top position before. But while this might be a big step in inclusion at the leadership level, will the company’s longstanding culture be welcoming? Diversity training when hiring for a new leader can make the transition smoother and ensure more success for both employees and leadership There are many free online courses that help employees and managers stay updated, empathetic, and inclusive at work.
Many of the courses are led by people from marginalized communities, who speak from firsthand experience about how companies can be more welcoming and build stronger workplace cultures. Being an active listener and learner can help you learn how from their experiences about how they would like to be treated at work. The majority of these courses only have a commitment of one to two days or weeks.
fizkes // Shutterstock
Make your efforts continuous, not a one-time sprint
If all work policies were perfect, there would be no cases of biases and discrimination in workplaces. Unfortunately, that’s not the case. Becoming an active listener takes time and patience. Building a resilient and responsive office culture takes an investment of both time and resources. In other words, taking an annual one-hour training session and assuming all your work is done will likely not move the needle.
Instead, change needs to be constant and consistent. Scheduling check-ins, status updates, and recurring meetings with employees can set aside dedicated time to check the status of programs that have been implemented and whether they’re working. When it comes to discussing and addressing structural racism, Forbes says this is the “complex system by which racism is developed, maintained and protected.” It is a complex problem without one single answer. Instead, a company must be committed to continually updating itself, questioning its policies, and revisting what is and isn’t working.
Jacob Lund // Shutterstock
Affirm pronoun visibility in the workplace
Introducing ourselves is the first thing we do when we meet someone for the first time. The seemingly simple act of identifying ourselves is one of the most fundamental and important ways that we announce to our coworkers who we are. When coworkers are called the wrong name or referred to by the incorrect pronoun, it reveals that their identities—who they are and how they see themselves—are not being respected.
By encouraging everyone in the office to take simple measures like affirming their names and pronouns in visible places such as email signatures, Zoom user names, and business cards, it becomes part of the culture to affirm identities and not make assumptions.
Jacob Lund // Shutterstock
Consider forming a diversity council in the workplace
Small business advisers say that forming a diversity council in your office can help establish an internal team that can help hold the company accountable, institute diversity initiatives in the workplace, and provide an advisory role to executives.
Having existing employees dedicated to setting goals for diversity, equity, and inclusion can help them feel empowered to make positive changes in the workplace while also helping the company as a whole advance DEI goals. A council or committee also provides another opportunity for transparency in the workplace. This arm can also encourage those who are passionate about the topic to participate in shaping company culture.
This story originally appeared on JobSage
and was produced and distributed in partnership with Stacker Studio. | https://localnews8.com/stacker-news/2022/04/26/10-ways-to-promote-a-diverse-and-inclusive-workplace/ | 2022-04-27T09:52:53Z |
Local 89 Members Secure Excellent Five-Year Contract After Three Months on Picket Line
WASHINGTON, Aug. 1, 2022 /PRNewswire/ -- After 12 weeks on the picket line, Teamsters Local 89 members at FireKing in New Albany, Ind., have voted unanimously to ratify a new five-year agreement, successfully ending their strike with a resounding victory. FireKing workers will return to work August 2 after a brief plant shut down to prepare the factory to return to full production for the first time in three months.
Workers voted unanimously to ratify the agreement on July 30. The new contract includes a 22 percent increase in wages over five years, with the first 10 percent immediate upon ratification. Other highlights include lower deductible health insurance that will provide significant savings to members, faster vacation accrual, bonuses for perfect attendance, enhanced seniority and bidding language, and Juneteenth as a paid holiday.
"FireKing Teamsters stood up and fought back for workers' rights. Throughout the strike, we all stuck together like glue. We are a tight-knit group, and this strike made us even closer and stronger," said Dale Beanblossom, a 36-year mixer-operator at FireKing and Local 89 member who served as strike captain for the 70-worker unit.
FireKing Teamsters went on strike on May 9, following a unanimous strike authorization vote and rejection of the company's "last, best and final" offer.
On May 17, Teamsters General President Sean M. O'Brien and General Secretary-Treasurer Fred Zuckerman both visited the strike line to stand with members and show their support.
"Let this be a lesson to other employers that the Teamsters will not back down in our members' fight against corporate greed. We will not stop fighting and we will not break," O'Brien said. "The International stands behind its members. When workers decide to strike, they will have the full backing of 1.2 million members behind them."
"Local 89 members knew they had the support of the entire Teamsters Union," said Zuckerman, who served as President of Local 89 for more than 20 years. "I've known this unit for years. They are a strong and dedicated group, and we wanted to let them know that they had every tool and resource at their disposal."
Teamsters International Vice President and Local 89 President Avral Thompson noted that the company struggled with the loss of their experienced and skilled workforce after workers went on strike and immediately brought in scab labor.
"The company released numerous press statements insisting all was well, but the plant was running far below 50 percent production. Management was constantly dealing with a revolving door of scab temporary employees who quit almost as quickly as they were brought in," Thompson said. "In the end, our members showed this company their true value and worth. These folks stood together, said 'enough is enough' and showed their employer what real union power looks like. This victory is a testament to our members that they were able to endure all of this and still come out as winners."
Founded in 1903, the International Brotherhood of Teamsters represents 1.2 million hardworking men and women throughout the United States, Canada and Puerto Rico. Visit www.teamster.org for more information. Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters.
Contact:
Daniel Moskowitz, (770) 262-4971
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SOURCE International Brotherhood of Teamsters | https://www.kxii.com/prnewswire/2022/08/01/fireking-teamsters-approve-strong-contract/ | 2022-08-01T20:36:10Z |
Sarah Sanders released from hospital after cancer surgery
LITTLE ROCK, Ark. (AP) — Former White House press secretary Sarah Sanders, a Republican who is running for governor in Arkansas, was released from a hospital Saturday after undergoing surgery for thyroid cancer.
“Following successful surgery on Friday to remove her thyroid and surrounding lymph nodes and in consultation with her physician, Sarah was discharged from an Arkansas hospital—cancer free,” said Sanders spokesperson Judd Deere. “She will spend the remaining portion of her recovery at home.”
Deere told The Associated Press that Sanders, 40, plans to resume campaigning “soon,” but it was not known precisely when she would return.
Sanders said Friday when announcing the surgery that a biopsy earlier this month revealed she had thyroid cancer.
Dr. John R. Sims, a surgeon at CARTI Cancer Center in Little Rock who is one of Sanders’ doctors, said Sanders’ cancer was a stage 1 papillary thyroid carcinoma, the most common type of thyroid cancer and said she has an “excellent” prognosis.
Sims said Sanders will need adjuvant treatment with radioactive iodine and long-term continuing care.
Sanders, who served as former President Donald Trump’s spokeswoman until 2019, is running against Democratic nominee Chris Jones. She is the daughter of former Gov. Mike Huckabee.
Jones and his wife, Jerrilyn, on Friday issued a statement saying their family was thinking of Sanders and praying for her.
Sanders is heavily favored in the predominantly Republican state of Arkansas to win the office currently held by Republican Gov. Asa Hutchinson, who is leaving office in January due to term limits.
She’s run primarily on national issues in the Arkansas race, promising to use the governor’s office to fight President Joe Biden and the “radical left.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/17/sarah-sanders-released-hospital-after-cancer-surgery/ | 2022-09-17T17:50:53Z |
ROLLING MEADOWS, Ill., Aug. 8, 2022 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of Another Day Limited ("AnotherDay"). Terms of the transaction were not disclosed.
Founded in 2016, AnotherDay is a UK-based risk management consultancy, helping organizations across 90 countries pre-empt and prepare for complex threats, react to crises and investigate criminality through the use of intelligence and technology. The firm has worked with Gallagher since its inception providing clients with specialist risk management and crisis response services. The firm is headed up by Jake Hernandez who will continue to run the business.
"I am delighted to welcome the AnotherDay team to Gallagher. This business is a great fit with our UK-based specialty operations and will provide highly complementary additional expertise for our large corporate clients looking for support in this growing area of risk," said J. Patrick Gallagher, Jr., Chairman, President and CEO. "I look forward to continuing to work with Jake and his associates, and delivering the growth opportunities this acquisition will bring."
Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, Illinois. Gallagher provides these services in approximately 130 countries around the world through its owned operations and a network of correspondent brokers and consultants.
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SOURCE Arthur J. Gallagher & Co. | https://www.wibw.com/prnewswire/2022/08/08/arthur-j-gallagher-amp-co-acquires-another-day-limited/ | 2022-08-08T10:38:20Z |
- For the six months ended June 30, 2022, net income attributable to Icahn Enterprises was $195 million, or $0.64 per depositary unit. For the six months ended June 30, 2021, net income attributable to Icahn Enterprises was $26 million, or $0.10 per depositary unit. For the six months ended June 30, 2022, Adjusted EBITDA attributable to Icahn Enterprises was $742 million compared to $627 million for the six months ended June 30, 2021
- Second quarter net loss attributable to IEP was $128 million with Adjusted EBITDA attributable to IEP of $126 million. This represents an improvement of $8 million of net loss attributable to IEP and a decrease of $66 million of Adjusted EBITDA attributable to IEP compared to Q2 2021
- Indicative Net Asset Value increased to $6.6 billion as of June 30, 2022, an increase of $1.5 billion compared to December 31, 2021. The change in indicative net asset value includes, among other things, changes in the fair value of certain subsidiaries which are not included in our GAAP earnings
- Board approves quarterly distribution of $2.00 per depositary unit (the 69th consecutive quarterly distribution since 2005)
SUNNY ISLES BEACH, Fla., Aug. 4, 2022 /PRNewswire/ -- Icahn Enterprises L.P. (Nasdaq:IEP) believes activism is the best paradigm for investing. We are putting our activist principles into effect at our majority-controlled companies as well as the minority positions held in our investment segment, and currently have representatives on fourteen public company boards. Additionally, we believe strongly in hedging our positions to mitigate risk, especially in markets that we are living in today.
Icahn Enterprises L.P. is reporting revenues of $7.6 billion and net income attributable to Icahn Enterprises of $195 million, or $0.64 per depositary unit, for the six months ended June 30, 2022. For the six months ended June 30, 2021, revenues were $6.4 billion and net income attributable to Icahn Enterprises was $26 million, or $0.10 per depositary unit. Adjusted EBITDA attributable to Icahn Enterprises was $742 million for the six months ended June 30, 2022, compared to $627 million for the six months ended June 30, 2021.
Second quarter 2022 revenues were $3.5 billion and net loss attributable to Icahn Enterprises was $128 million, or a loss of $0.41 per depositary unit. For the three months ended June 30, 2021, revenues were $3.0 billion and net loss attributable to Icahn Enterprises was $136 million, or a loss of $0.53 per depositary unit. For the three months ended June 30, 2022, Adjusted EBITDA attributable to Icahn Enterprises was $126 million compared to $192 million for the three months ended June 30, 2021.
For the six months ended June 30, 2022, indicative net asset value increased by $1.5 billion to $6.6 billion. The change in indicative net asset value includes, among other things, changes in the fair value of certain subsidiaries which are not included in our GAAP earnings reported above.
On August 3, 2022, the Board of Directors of the general partner of Icahn Enterprises declared a quarterly distribution in the amount of $2.00 per depositary unit, which will be paid on or about September 28, 2022, to depositary unitholders of record at the close of business on August 19, 2022. Depositary unitholders will have until September 16, 2022, to make a timely election to receive either cash or additional depositary units. If a unitholder does not make a timely election, it will automatically be deemed to have elected to receive the distribution in additional depositary units. Depositary unitholders who elect to receive (or who are deemed to have elected to receive) additional depositary units will receive units valued at the volume weighted average trading price of the units during the five consecutive trading days ending September 23, 2022. Icahn Enterprises will make a cash payment in lieu of issuing fractional depositary units to any unitholders electing to receive (or who are deemed to have elected to receive) depositary units.
Icahn Enterprises L.P., a master limited partnership, is a diversified holding company owning subsidiaries currently engaged in the following continuing operating businesses: Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion and Pharma.
Caution Concerning Forward-Looking Statements
Results for any interim period are not necessarily indicative of results for any full fiscal period. This release may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "will" or words of similar meaning and include, but are not limited to, statements about the expected future business and financial performance of Icahn Enterprises and its subsidiaries. Actual events, results and outcomes may differ materially from our expectations due to a variety of known and unknown risks, uncertainties and other factors, including risks related to economic downturns, substantial competition and rising operating costs; risks related to the severity, magnitude and duration of the COVID-19 pandemic and its impact on the global economy, financial markets and industries in which our subsidiaries operate; the impacts from the
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conflict, including economic volatility and the impacts of export controls and other economic sanctions
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risks related to our investment activities, including the nature of the investments made by the private funds in which we invest, declines in the fair value of our investments as a result of the COVID-19 pandemic, losses in the private funds and loss of key employees; risks related to our ability to continue to conduct our activities in a manner so as to not be deemed an investment company under the Investment Company Act of 1940, as amended; risks related to our energy business, including the volatility and availability of crude oil, other feed stocks and refined products, declines in global demand for crude oil, refined products and liquid transportation fuels as a result of the COVID-19 pandemic, unfavorable refining margin (crack spread), interrupted access to pipelines, significant fluctuations in nitrogen fertilizer demand in the agricultural industry and seasonality of results; risks related to our automotive activities and exposure to adverse conditions in the automotive industry, including as a result of the COVID-19 pandemic; risks related to our food packaging activities, including competition from better capitalized competitors, inability of our suppliers to timely deliver raw materials, and the failure to effectively respond to industry changes in casings technology; supply chain issues; inflation, including increased costs of raw materials and shipping, including as a result of the
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conflict; labor shortages and workforce availability; risks related to our real estate activities, including the extent of any tenant bankruptcies and insolvencies; risks related to our home fashion operations, including changes in the availability and price of raw materials, and changes in transportation costs and delivery times; and other risks and uncertainties detailed from time to time in our filings with the Securities and Exchange Commission. Additionally, there may be other factors not presently known to us or which we currently consider to be immaterial that may cause our actual results to differ materially from the forward-looking statements. Past performance in our Investment segment is not indicative of future performance. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.
Use of Non-GAAP Financial Measures
The Company uses certain non-GAAP financial measures in evaluating its performance. These include non-GAAP EBITDA and Adjusted EBITDA. EBITDA represents earnings from continuing operations before interest expense, income tax (benefit) expense and depreciation and amortization. We define Adjusted EBITDA as EBITDA excluding certain effects of impairment, restructuring costs, certain pension plan expenses, gains/losses on disposition of assets, gains/losses on extinguishment of debt and certain other non-operational charges. We present EBITDA and Adjusted EBITDA on a consolidated basis and on a basis attributable to Icahn Enterprises net of the effects of non-controlling interests. We conduct substantially all of our operations through subsidiaries. The operating results of our subsidiaries may not be sufficient to make distributions to us. In addition, our subsidiaries are not obligated to make funds available to us for payment of our indebtedness, payment of distributions on our depositary units or otherwise, and distributions and intercompany transfers from our subsidiaries to us may be restricted by applicable law or covenants contained in debt agreements and other agreements to which these subsidiaries currently may be subject or into which they may enter into in the future. The terms of any borrowings of our subsidiaries or other entities in which we own equity may restrict dividends, distributions or loans to us.
We believe that providing EBITDA and Adjusted EBITDA to investors has economic substance as these measures provide important supplemental information of our performance to investors and permits investors and management to evaluate the core operating performance of our business without regard to interest, taxes and depreciation and amortization and certain effects of impairment, restructuring costs, certain pension plan expenses, gains/losses on disposition of assets, gains/losses on extinguishment of debt and certain other non-operational charges. Additionally, we believe this information is frequently used by securities analysts, investors and other interested parties in the evaluation of companies that have issued debt. Management uses, and believes that investors benefit from referring to, these non-GAAP financial measures in assessing our operating results, as well as in planning, forecasting and analyzing future periods. Adjusting earnings for these charges allows investors to evaluate our performance from period to period, as well as our peers, without the effects of certain items that may vary depending on accounting methods and the book value of assets. Additionally, EBITDA and Adjusted EBITDA present meaningful measures of performance exclusive of our capital structure and the method by which assets were acquired and financed.
EBITDA and Adjusted EBITDA have limitations as analytical tools, and you should not consider them in isolation, or as substitutes for analysis of our results as reported under generally accepted accounting principles in the United States, or U.S. GAAP. For example, EBITDA and Adjusted EBITDA:
- do not reflect our cash expenditures, or future requirements for capital expenditures, or contractual commitments;
- do not reflect changes in, or cash requirements for, our working capital needs; and
- do not reflect the significant interest expense, or the cash requirements necessary to service interest or principal payments on our debt.
Although depreciation and amortization are non-cash charges, the assets being depreciated or amortized often will have to be replaced in the future, and EBITDA and Adjusted EBITDA do not reflect any cash requirements for such replacements. Other companies in the industries in which we operate may calculate EBITDA and Adjusted EBITDA differently than we do, limiting their usefulness as comparative measures. In addition, EBITDA and Adjusted EBITDA do not reflect the impact of earnings or charges resulting from matters we consider not to be indicative of our ongoing operations.
EBITDA and Adjusted EBITDA are not measurements of our financial performance under U.S. GAAP and should not be considered as alternatives to net income or any other performance measures derived in accordance with U.S. GAAP or as alternatives to cash flow from operating activities as a measure of our liquidity. Given these limitations, we rely primarily on our U.S. GAAP results and use EBITDA and Adjusted EBITDA only as a supplemental measure of our financial performance.
Use of Indicative Net Asset Value Data
The Company uses indicative net asset value as an additional method for considering the value of the Company's assets, and we believe that this information can be helpful to investors. Please note, however, that the indicative net asset value does not represent the market price at which the depositary units trade. Accordingly, data regarding indicative net asset value is of limited use and should not be considered in isolation.
The Company's depositary units are not redeemable, which means that investors have no right or ability to obtain from the Company the indicative net asset value of units that they own. Units may be bought and sold on The Nasdaq Global Select Market at prevailing market prices. Those prices may be higher or lower than the indicative net asset value of the depositary units as calculated by management.
See below for more information on how we calculate the Company's indicative net asset value.
Investor Contact:
Ted Papapostolou, Chief Financial Officer
(305) 422-4100
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SOURCE Icahn Enterprises L.P. | https://www.wibw.com/prnewswire/2022/08/04/icahn-enterprises-lp-reports-second-quarter-2022-financial-results/ | 2022-08-04T22:24:55Z |
Collaboration will focus on three key pillars: Natural Language Processing (NLP) including Arabic, AI applications in the healthcare industry, and sustainability
ABU DHABI, United Arab Emirates, May 25, 2022 /PRNewswire/ -- Mohamed bin Zayed University of Artificial Intelligence (MBZUAI)—the world's first graduate, research university dedicated to Artificial Intelligence (AI)—has announced plans for a strategic collaboration with IBM (NYSE: IBM). Senior leaders from both organizations signed a Memorandum of Understanding aimed at advancing fundamental AI research, as well as accelerating the types of scientific breakthroughs that could unlock the potential of AI to help solve some of humanity's greatest challenges.
Professor Eric Xing, President of MBZUAI, delivered short remarks, as did Jonathan Adashek, IBM's Senior Vice President and Chief Communications Officer, and Saad Toma, General Manager, IBM Middle East, and Africa. The agreement was then signed by Sultan Al Hajji, Vice President for Public Affairs and Alumni Relations at MBZUAI and Wael Abdoush, General Manager IBM Gulf and Levant.
"We're excited to to be among the first research universities in the MENA region to host a Center of Excellence for AI research and development with technology and expertise from a world-leading technological giant like IBM. This center will provide highly valuable resource and collaborative environment to our faculty and students to broaden their work in AI. IBM has a long history of technological innovation, and we look forward to joining their latest efforts in our region and together advance AI technology and commercialization for mutual good," MBZUAI President, Professor Eric Xing said.
Saad Toma, General Manager, IBM Middle East and Africa, said: "This collaboration will help drive innovations in AI which is critical for the future of business and society. We're bringing together some of the brightest minds across both the industry and academia, while reinforcing IBM's commitment to promoting knowledge and skills in critical areas for the UAE's development, where the use of technologies like AI is fundamental."
Central to the collaboration is the establishment of a new AI Center of Excellence to be based at the university's Masdar City campus. The Center will leverage the talents of IBM researchers, in collaboration with MBZUAI faculty and students, and will focus on the advancement of both fundamental and applied research objectives.
The initiative seeks to develop, validate, and incubate technologies that harness the capabilities of AI to address civic, social, and business challenges. Further, the collaboration aims to provide real-life applications, particularly in the fields of natural language processing, as well as AI applications that seek to further climate and sustainability goals, and accelerate discoveries in healthcare.
IBM will provide targeted training and technologies as part of the initiative, which supports the university's vision to be a global leader for advancing AI and its application for the good of society and business. For example, through the IBM Academic Initiative, IBM will provide MBZUAI students and faculty with access to IBM tools, software, courseware and cloud accounts for teaching, learning, and non-commercial research. In addition, through the IBM Skills Academy program, MBZUAI will have access to curated AI curricula, lectures, labs, industry use cases, design-thinking sessions, and an AI Practitioner certification.
The planned relationship is subject to the parties reaching definitive agreements.
About IBM
IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity, and service. Visit www.ibm.com for more information.
About Mohamed bin Zayed University of Artificial Intelligence (MBZUAI)
MBZUAI is a graduate, research university focused on artificial intelligence, computer science, and digital technologies across industrial sectors. The university aims to empower students, businesses, and governments to advance artificial intelligence as a global force for positive progress. MBZUAI offers various graduate programs designed to pursue advanced, specialized knowledge and skills in artificial intelligence, including computer vision, machine learning, and natural language processing. For more information, please visit www.mbzuai.ac.ae
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SOURCE IBM | https://www.mysuncoast.com/prnewswire/2022/05/25/ibm-mbzuai-join-forces-advance-ai-research-with-new-center-excellence/ | 2022-05-25T06:55:21Z |
NEW YORK, May 24, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SNAP, GE, CBIO, GNCA, and RDBX.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- SNAP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SNAP&prnumber=052420225
- GE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GE&prnumber=052420225
- CBIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CBIO&prnumber=052420225
- GNCA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GNCA&prnumber=052420225
- RDBX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RDBX&prnumber=052420225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/05/24/thinking-about-buying-stock-snap-general-electric-catalyst-biosciences-genocea-biosciences-or-redbox-entertainment/ | 2022-05-24T16:13:11Z |
LOS ANGELES (AP) — More than 121 million fans watched a telecast of an NFL game during the league’s opening week, a 5% increase over last season.
The league and Nielsen also said on Wednesday that the average viewership for all games was 18.5 million, the best opening weekend in six years and up 3% from last year.
A record seven Week 1 games were decided by three points or fewer and five came down to a game-winning score either in the final two minutes of regulation or overtime.
NBC had the two most-watched games. Tampa Bay’s 19-3 win over Dallas Sunday night averaged 24.5 million and last Thursday’s opening game, in which Buffalo routed the defending Super Bowl champion Los Angeles Rams 31-10, attracted 21.3 million.
Russell Wilson’s return to Seattle and the Seahawks’ 17-16 narrow victory over Denver averaged 19.8 million across ABC, ESPN and ESPN2. That is the most-watched Monday night game since New Orleans faced New England in 2009 (21.4 million). It’s also the fourth-biggest audience since ESPN took over “Monday Night Football” in 2006.
Minnesota’s 23-7 win over Green Bay averaged 18.5 million on Fox, and was the most-viewed during the late Sunday afternoon window. Fox’s doubleheader numbers were up 11% over last season, with an average of 15.4 million for its six games.
CBS had the most-watched early game, with Pittsburgh’s 23-20 overtime victory at Cincinnati averaging 17.5 million. CBS had seven games on Sunday and its doubleheader averaged 17.0 million, the network’s third-most watched Week 1 since 1998.
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More AP NFL coverage: https://apnews.com/hub/NFL and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/ap-more-than-121-million-watched-nfl-games-on-opening-weekend/ | 2022-09-14T23:35:14Z |
VANCOUVER, BC, April 1, 2022 /PRNewswire/ - Numinus Wellness Inc. ("Numinus" or the "Company") (TSX: NUMI), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, will release its financial results for the quarter ended February 28, 2022, after market close on Thursday, April 14, 2022.
Interested parties are invited to participate in the Company's Q2 2022 results conference call and webcast occurring on the same day, at 5:30 p.m. Eastern time / 2:30 p.m. Pacific time. During the call, Numinus executives will review the Company's performance and recent initiatives, and answer questions from analysts.
To listen to the live webcast, please register at: https://event.on24.com/wcc/r/3723657/8A7C51BC48923FC18A54C2754EF10DBA
The webcast will also be archived on the Events and Presentations page of Numinus' Investor Relations website: https://www.investors.numinus.com/events-and-presentations
To participate in the live conference call, please use the following dial-in information:
- 1 (888) 330-3632 (Toll-free North America)
- 1 (646) 960-0837 (International)
- Please ask to participate in Numinus' Q2 2022 Results Call. To avoid any delays in joining the call, please dial in at least five minutes prior to the call start time. If prompted, please provide conference passcode 3547386.
A replay of the conference call can also be accessed after 8:30 p.m. Eastern time / 5:30 p.m. Pacific time on April 14, 2022, at 1-800-770-2030 or 1-647-362-9199 (using passcode 3547386). The replay will be available until April 28, 2022.
About Numinus
Numinus Wellness helps people to heal and be well through the development and delivery of innovative mental health care and access to safe, evidence-based psychedelic-assisted therapies. The Numinus model – including psychedelic production, research and clinic care – is at the forefront of a transformation aimed at healing rather than managing symptoms for depression, anxiety, trauma, pain and substance use. At Numinus, we are leading the integration of psychedelic-assisted therapies into mainstream clinical practice and building the foundation for a healthier society.
Learn more at numinus.com and follow us on LinkedIn, Facebook, Twitter, and Instagram.
Forward-Looking Statements
Statements and other information contained in this press release about anticipated future events constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event "may", "will", "should", "could" or "might" occur or other similar expressions. Forward-looking statements are subject to risks and uncertainties and other factors that could cause actual results to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change except as required by applicable laws. Investors should not place undue reliance on forward-looking statements.
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SOURCE Numinus Wellness Inc. | https://www.wibw.com/prnewswire/2022/04/01/numinus-host-q2-2022-results-conference-call-april-14-2022/ | 2022-04-01T12:08:44Z |
The beer brand invites fans to show off their team pride and win the ultimate fan experience at Dodger Stadium
LOS ANGELES, April 12, 2022 /PRNewswire/ -- To kick off the 2022 baseball season, Estrella Jalisco, the beer brand with over 100 years of Mexican brewing tradition and the official cerveza sponsor of the Los Angeles Dodgers for 2022 is introducing a special-edition Dodgers Michelada — available in a ready-to-drink 25oz can.
The refreshing balance of sweet, savory and spicy is perfect to enjoy while watching a game, celebrating wins, or simply showing off your Dodgers pride.
In honor of the new special-edition Estrella Jalisco Dodgers Michelada, the brand is stepping up to the plate with legendary Dodgers baseball player and sports icon, Fernando Valenzuela. Known for his signature pitching style and unbeatable rookie year, Fernando is yet again rallying fans around the Los Angeles baseball team.
Starting April 12, 2022, Estrella Jalisco is offering a chance to win the ultimate fan experience at Dodger Stadium. This once in a lifetime opportunity will feature a meet-and-greet with Fernando Valenzuela, the honorary first pitch at a game during the 2022 baseball season, and some signed memorabilia. To participate, fans can tag @estrellajalisco to share the craziest thing they have done to show their team pride with #contest. Submissions will be accepted through April 20, 2022.
"After playing for more than a decade with the Dodgers, I learned that through daring to be yourself and learning your strengths, great things can happen," said Fernando Valenzuela. "The Dodger community is so passionate and committed - we have the best fans in the world. I look forward to seeing how they show off their Dodger pride and meeting the lucky winner of Estrella Jalisco's contest at the stadium."
The news comes on the heels of Estrella Jalisco launching their latest advertising campaign, "Vive Tu Estrella," which spotlights the courage of Mexican Americans who dare to live their lives authentically. Now, Estrella Jalisco is on the search for the most passionate Dodgers fans to show their pride.
"At Estrella Jalisco, we celebrate the bold, proud and courageous," says Kelsey Willis, Brand Director, Estrella Jalisco. "We're thrilled to be partnering with Fernando Valenzuela, a baseball legend who defied the odds by following his true passion and captivated fans in the process. There's no better partner to introduce our limited-edition Dodger Michelada."
Find 25oz cans of the Estrella Jalisco Dodgers Michelada at your local retailer within the Dodgers Market, including the greater Los Angeles area and beyond.
For more information, follow @EstrellaJalisco on Twitter, Facebook and Instagram.
DODGERS MICHELADA CONTEST. No Purchase Necessary. Open to US residents who are 21+. Begins 4/12/22 and ends 4/20/22. See Official Rules at www.estrellajalisco.com/rules for prize & details. Msg & data rates may apply. Void where prohibited.
With more than 100 years of Mexican brewing tradition, Estrella Jalisco is a refreshing, authentic Mexican Lager beer from Guadalajara, Jalisco, and contains 4.5 percent alcohol by volume (ABV). Estrella Jalisco was launched in the U.S. in 2015 and it's quickly becoming a Mexican favorite among cerveza aficionados. Estrella Jalisco is available in bottles and foil top cans, in addition to canned Mango and Tropical Chamoy Micheladas for a colorful spin on a Mexican classic.
For more than 160 years, Anheuser-Busch has carried on a legacy of brewing great-tasting, high-quality beers that have satisfied beer drinkers for generations. Today, we own and operate more than 120 facilities, including breweries, wholesaler distribution centers, agricultural facilities and packaging plants, and have more than 19,000 colleagues across the United States. We are home to several of America's most recognizable beer brands, including Budweiser, Bud Light, Michelob ULTRA and Stella Artois, as well as a number of regional brands that provide beer drinkers with a choice of the best-tasting craft beers in the industry. From responsible drinking programs and emergency drinking water donations to industry-leading sustainability efforts, we are guided by our unwavering commitment to supporting the communities we call home. For more information, visit www.anheuser-busch.com or follow Anheuser-Busch on LinkedIn, Twitter, Facebook and Instagram.
Media Contacts
Lacey Clifford
media@anheuser-busch.com
Allison Wilson
awilson@webershandwick.com
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SOURCE Estrella Jalisco | https://www.mysuncoast.com/prnewswire/2022/04/12/estrella-jalisco-teams-up-with-los-angeles-dodgers-icon-fernando-valenzuela-introduce-new-special-edition-dodgers-michelada/ | 2022-04-12T14:44:14Z |
Brand to celebrate new designs by Antenna Design, Marc Newson, Dan Grabowski, Piero Lissoni
EAST GREENVILLE, Pa., June 6, 2022 /PRNewswire/ -- Knoll will present Welcoming Spaces for Work Anywhere at the first MillerKnoll Design Days that will take place in Chicago from June 13–15. At 811 W. Fulton Market, Knoll will introduce designs by Antenna Design, Dan Grabowski, Piero Lissoni and Marc Newson.
The Welcoming Spaces Showroom will feature a variety of settings for hybrid work that support connection, forge culture and foster collaboration—all illustrating the power of hospitality in today's workplace.
The Fulton Market Space will showcase brands from the MillerKnoll collective, including Knoll furnishings and accessories; DatesWeiser conference room furniture; Spinneybeck and FilzFelt architectural and acoustic materials; KnollTextiles fabrics, wallcoverings and drapery; and Muuto furniture and accessories.
Alana Stevens, Knoll Brand President stated, "As companies have embraced hybrid work solutions, the communal vibrancy of a welcoming workplace is more important than ever."
As companies return to the workplace after more than two years of work-from-home and limited time in the office, they need to plan for a successful hybrid experience, with products that blur the lines between office and home, with solutions for remote, hybrid and resident workers.
Successful hybrid work environments offer people a holistic experience, leverage technology to connect people across locations—remote and in person—and provide a place where people come together to collaborate with a sense of purpose, freedom and fulfillment at work.
Ms. Stevens added, "now that people can work from anywhere, companies are realizing the importance of creating a space that creates connectivity and community across the workplace ecosystem."
The Fulton Market space displays how the value of offering people a fluid and equitable experience, and places for in-person interaction to complement remote work —from getaway spaces to shared areas for teams and groups to "physgital" meeting spaces— enables organizations' success throughout the workplace ecosystem, from work in the office to work from home and anywhere in between.
Introducing the Newson Task Chair
The first step to greatness is sitting down. From the trailblazing design Marc Newson, Newson Task is ready to take you to the next level—just take a seat. The chair features an organic, fluid design that's packed with sophisticated hidden technology and a level of luxe material refinement. A quiet confidence creates an interesting duality: the ability to stand out as a statement piece or blend into its surroundings.
Antenna® Workspace Enhancements
Design Days 2022 will showcase enhancements to Antenna Workspaces, which captures the energy of people coming together with the best technology, furniture, and spaces for their work.
- Hybrid Storage pairs wood shelves with sleek steel side panels in a lean footprint, allowing ample storage capacity and options for integrated cable management.
- Antenna Power Beam expands on the center beam at the heart of the Antenna Workspaces Big Table. By decoupling worksurfaces from the power structure, Power Beam enables flexibility and agility, providing maximum performance in a minimal footprint.
New Office Collection Designed by Dan Grabowski
Work continues to evolve and, with this collection, the private office keeps pace, reflecting new approaches to planning and timeless aesthetic. It pairs streamlined design with a refined scope of thoughtful product features, including a new approach to managing technology, all the while maintaining Knoll's tradition of sustainable wood craftsmanship and design flexibility.
The collection, designed primarily for private offices but also for the shared spaces that often adjoin them, features a slim profile with thin surfaces and beveled edges in all the right places. It has a refreshing lightness of scale and proportion, and it features honest materials that are the hallmarks of modernism—wood, glass, and more. The collection has individual, scalable components fit for private or open spaces of any size, from modest to expansive. Through this refined design, it delivers a unique pairing of wood craftsmanship with the latest design and features found in today's signature workspaces.
Dividends Horizon® Enhancements
Dividends Horizon remains a solid, go-to panel-based solution for space delineation and power distribution.
- Dividends Horizon Elevated Spine. Accessibly-priced elevated spine with ample power and data capabilities for flexible planning with freestanding elements in the open plan. Available with two planning horizons and a broad scope of material options.
Quoin™ Storage Additions
Quoin offers streamlined metal solutions for individual and group storage needs and plans for the total workplace. An innovative cantilever shelf support system allows for a clean aesthetic in open and enclosed units, with no visible adjustment holes.
- Credenza. Shallow 15" depth, low 1H elevation and options for tray tops and new configurations
- Pull Options. New rubber grommet pull option offers a more casual and playful aesthetic.
Inlet Screens
These lightweight, moveable screens, designed by Dan Grabowski, define space while providing visual privacy and acoustic dampening. Available in two finishes with markerboard and novel porthole options.
KN Collection Additions
Milan-based designer Piero Lissoni has a thirty-year history in the fields of architecture, landscape, interiors, product and graphic design—with the human experience at the center of his work. His growing body of work with Knoll is characterized by its elegance, attention to proportion and exquisite detailing. His KN Collection of seating for Knoll complements a range of spaces – from collaborative meetings to individual refuge – with elevated detailing and comfort. New arm and armless side chairs, KN06 and KN07, are available fully upholstered in selected textiles and Spinneybeck leathers, with painted or polished aluminum metal legs.
KnollTextiles celebrates its 75th anniversary by introducing The Heritage Collection: eight archive-inspired textiles that continue to evolve the modernist tradition by combining the best archival design with next-generation technology. KnollTextiles will preview the collection along with an exhibit of corresponding archival fabrics. Also on display are the performance-oriented Focus and Pattern Play Collections. The Focus Collection is subtly evocative of details from nature with performance upholstery, drapery, privacy fabric and wallcoverings that range from graphic to gestural in a palette of sophisticated modern neutrals. The Pattern Play Collection offers vibrant upholstery and color combinations and wallcovering with unexpected design elements. The lively patterns exude a sense of optimism while inviting visual and tactile exploration.
For this year's Design Days, Muuto is inviting visitors to explore their immersive space to ask themselves:
What makes a space feel just right to me?
Recognizing that there is more to design than meets the eye, Muuto is investigating what design can do to make us feel more at ease, focused and grounded in our surroundings. Everyone experiences design in vastly different ways—what deeply resonates with you might not with someone else. Take a walk through their showroom on the 5th floor and reflect on five key elements that help make a space feel just right—light, color, tactility, nature and form.
With forward-looking materials, techniques and bold creative thinking, Muuto shares their latest new perspectives on Scandinavian design.
New Linear System Series
The Linear System Series, designed by Thomas Bentzen, brings a warm, hospitable oak expression to the evolving needs of the modern workspace, hospitality settings and educational institutions. Its configurable design—tables, lighting, screens and trays—alongside its custom integrated power solution, allows one to tailor the design to the exact needs of any space. Choose between 3 pre-configurations or configure your own.
New Linear Steel Series Addition
The Linear Steel Chair offers a new perspective on modern outdoor furniture with its clean lines, half-circular intersecting legs, and a smoothly curved backrest for an enveloping comfort. The small spacing allows for easy removal of water. Available with or without arms, in four colors.
Connect Soft Modular Sofa
Designed by Andersson & Voll, the Connect Soft Modular Sofa brings together elegant proportions and deeply inviting comfort. With its slimmer profile and softer seat than the original Connect Sofa, the Connect Soft is ideal for hospitality and residential settings. Choose between 9 pre-configurations or create your own.
Introducing Oslo Lounge Chair (Available in Q3 2022)
Marrying its compact design with comfort and elegance, the Oslo Lounge Chair by Andersson & Voll offers an embracing and dynamic seat with a classic, yet distinctly contemporary expression. The combination of sculptural qualities and functional design makes it an ideal piece for public spaces. Available with either a Tube or Swivel base.
Introducing Sketch Toolbox (Available in Q3 2022)
Cast in one monolithic piece with a handle for portability, the Sketch Toolbox, designed by Thomas Bentzen, is a friendly companion for daily life in the nomadic workplace. The versatile toolbox is manufactured in Denmark using a minimum of 91% recycled plastic.
A New addition to the Fiber Chair Family (Available in Q3 2022)
The Fiber Conference Chair's wider, cushioned seat make it ideal for conference or hospitality settings. Its interior shell is made of 99% recycled plastic, while its spacious seat and embracing curves are fully upholstered with a soft, fixed cushion for maximum comfort. Choose from 6 swivel bases. Designed by Iskos Berlin
A globally recognized leader in modern design and the founding sponsor of the World Monuments Fund Modernism at Risk program, Knoll uses modern design to create places people love to be. Our commitment to modern design and ongoing dialogue with designers and customers has yielded a timeless collection of pioneering products for high-performance workplaces, work-from-home settings, and luxury residential interiors. A recipient of the National Design Award for Corporate and Institutional Achievement from the Smithsonian's Cooper-Hewitt, National Design Museum, Knoll has championed sustainable practices in manufacturing and can help organizations meet their sustainability goals.
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SOURCE Knoll | https://www.wibw.com/prnewswire/2022/06/06/knoll-showcase-welcoming-spaces-work-anywhere-millerknoll-design-days-2022/ | 2022-06-06T18:13:00Z |
CLEVELAND, Sept. 9, 2022 /PRNewswire/ -- Key Family Wealth, the family office division of division of Key Private Bank announced it has received the 2022 Wealth Management "Family Office" Industry Award, recognizing the best thought leadership in wealth management.
Key Family Wealth was selected for "Family Office Best Thought Leadership" from a shortlist of three exceptional family office firms. The award recognizes the expertise and insights of Key Family Wealth's Business Advisory Services which has helped dozens of owners successfully transition their privately held businesses over the past several years.
The WealthManagement.com Industry Awards acknowledge firms bringing new innovations to market that help financial advisors deliver quality client solutions and service. Winners were selected from a record breaking 1,000 entries from more than 350 companies.
A panel of independent, industry-leading wealth management experts, including trusted advisors and consultants, served as judges for the awards. The judging process is based on an evaluation of quantitative measures, including the initiative's scope and scale, as well as qualitative measures, such as innovation and creativity.
"We are honored to be recognized by WealthManagement.com for our business advisory services platform for the second year in a row," said Gary Poth, executive managing director and head of Key Family Wealth. "Being recognized for the quality of our business advisory services thought leadership highlights the quality of our expertise and capabilities dedicated to serving first generation entrepreneurs and their families."
Key Family Wealth, the multi-family office division of Key Private Bank, is one of the largest and oldest multi-family offices in the country managing more than $16.8 billion in AUM and $6.3 billion in AUA at June 30, 2022. Key Family Wealth develops and implements impactful investment, tax, and estate strategies to help ultra-high net worth families grow, retain, and protect wealth across generations. Clients receive a dedicated team of advisors with expertise in investments, tax, philanthropic, credit and estate planning who are focused on delivering a world class client experience.
Key Private Bank is a leading provider of wealth management solutions and advice for high-net worth and ultra-high-net-worth clients, including wealth advisory, investment management, trust administration, customized credit, family office and private banking services. Key's wealth management platform combines the market insights of local advisors with a national team of wealth and investment strategists to deliver proactive and personalized advice and expertise to clients. Advisors also leverage partnerships with Key's business banking and capital markets teams to build wealth plans tailored to meet each client's specific need. Key Private Bank's wealth management platform is delivered across 15 of the United States. Key Private Bank has $45.9 billion in AUM and $67.3 billion in AUA at June 30, 2022.
KeyCorp's (NYSE: KEY) roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $187.0 billion at June 30, 2022. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.
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SOURCE KeyCorp | https://www.wibw.com/prnewswire/2022/09/09/key-family-wealth-business-advisory-services-awarded-best-thought-leadership-family-office-wealthmanagementcom/ | 2022-09-09T14:32:47Z |
POUGHKEEPSIE, N.Y., July 28, 2022 /PRNewswire/ -- Rhinebeck Bancorp, Inc. (the "Company") (NASDAQ: RBKB), the holding company of Rhinebeck Bank (the "Bank"), reported net income for the three months ended June 30, 2022 of $2.0 million ($0.19 per basic and $0.18 per diluted share), which was $536,000, or 20.9%, less than the comparable prior year period. Net income for the six months ended June 30, 2022 of $4.1 million ($0.38 per basic and $0.37 per diluted share), was $1.8 million, or 30.6%, less than the same period last year.
The decrease in net income was primarily due to an increase in the provision for loan losses of $1.5 million and $1.8 million for the three and six months ended June 30, 2022, respectively. The Company recorded a credit to the provision for both the three and six months ended June 30, 2021 as compared to an expense for the three and six months ended June 30, 2022. For both 2022 periods, an increase in net interest income was partially offset by a decrease in non-interest income and an increase in non-interest expense. The Company's return on average assets and return on average equity were 0.63% and 7.06%, respectively, for the second quarter of 2022 as compared to 0.86% and 8.54%, respectively, for the second quarter of 2021. The Company's return on average assets and return on average equity were 0.64% and 6.86%, respectively, for the first six months of 2022 as compared to 1.01% and 9.95%, respectively, for the first six months of 2021.
President and Chief Executive Officer Michael J. Quinn said, "Our assets continued to grow with loan balances increasing by $72 million, or 8.4%, in the first six months of the year. This, combined with rising rates, produced growth in net interest income (pre-provision) of $2.1 million, or 10.9%. This helped offset rising operating costs which reflected our expansion undertakings and the impacts of increasing inflation. Our continuing challenge will be to maintain or improve this level of growth while finding ways to manage the continuing impacts of inflation on our operations."
Income Statement Analysis
Net interest income increased $1.7 million, or 19.0%, to $10.9 million for the three months ended June 30, 2022, from $9.1 million for the three months ended June 30, 2021. Year to date net interest income increased $2.1 million, or 10.9%, to $21.0 million compared to $18.9 million for the prior year six-month period. Quarter over quarter the improvement was driven by higher interest-earning asset balances, higher loan and investment yields, and lower costs for deposits and borrowings. For the three months ended June 30, 2022, the average balances of interest-earning assets grew by $78.8 million to $1.20 billion and the average yields improved by 26 basis points to 3.92%, while the costs of deposits fell by 15 basis points to 0.42%. When comparing year to date periods, the average balance of interest-earning assets grew by $95.0 million while the average yields fell slightly by 6 basis points to 3.82%. The cost of interest-bearing liabilities which fell by 20 basis points to 0.42%.
The provision for loan losses increased by $1.5 million, from a credit to the provision of $1.1 million for the quarter ended June 30, 2021 to an expense of $346,000 for the current quarter. The provision for loan losses increased by $1.8 million, from a credit to the provision of $1.2 million for the six months ended June 30, 2021 to an expense of $567,000 for the six months ended June 30, 2022. The credit to the provision for the three and six months ended June 30, 2021 was primarily attributable to a decline in loan balances, exclusive of PPP loans, a reduction in specific allocations to the allowance for loan losses and a general improvement in the economic conditions as our customers showed signs of recovering from the pandemic. An increase in indirect loan balances in 2022 was the primary factor leading to the increase in the provision.
Recoveries outpaced charge-offs, resulting in net recoveries of $123,000 and $13,000 for the quarters ended June 30, 2022 and 2021, respectively. A net recovery for the six months ended June 30, 2022 totaled $43,000 compared to a net charge-off of $290,000 for the comparable period in 2021. The year-to-date net recoveries in 2022 were primarily due to a $143,000 recovery of a residential mortgage loan, pricing gains on the sales of repossessed vehicles as used car prices have risen significantly, and an improvement in the overall economic environment. There was a general overall improvement in loan quality during the first six months of 2022 as overdue account balances fell $75,000, we had net recoveries of $43,000, and non-performing assets decreased $2.1 million.
Non-interest income totaled $1.5 million for the three months ended June 30, 2022, a decrease of $353,000, or 19.0%, from the comparable period in the prior year, due primarily to a decrease in the net gain on sales of mortgage loans as activity decreased due to the increasing interest rate environment. Gain on sales of mortgage loans decreased $325,000, or 52.6%, compared to the prior year quarter as the Company sold $7.2 million of residential mortgage loans in the second quarter of 2022 as compared to $15.3 million in the second quarter of 2021. A net realized loss on the sale of securities of $162,000 in the second quarter of 2022 also contributed to the decrease in non-interest income. These decreases were partially offset by an increase in service charges on deposit accounts of $88,000, or 14.2%, as transaction volume increased.
For the six months ended June 30, 2022, total non-interest income decreased $883,000, or 21.6%. The reduction between periods was mostly due to the decrease in the gain on the sale of mortgage loans of $984,000 or 58.7%, the 2021 one-time gain from the collection of a life insurance claim of $195,000 and a net realized loss in 2022 from the sale of securities of $162,000, partially offset by an increase in service charges on deposit accounts of $185,000, an improvement in investment advisory income of $128,000, a $64,000 increase in the cash value of life insurance, and a net improvement of $83,000 in other income items.
For the second quarter of 2022, non-interest expense totaled $9.5 million, an increase of $609,000, or 6.9%, over the comparable 2021 period. The increase was primarily due to an increase in salaries and benefits of $522,000, or 10.5%, due to the addition of new positions, annual merit increases, production incentives and employee benefit increases, as well as the competitive pressures of the current job market. For the three months ended June 30, 2022, occupancy expenses increased $161,000, or 15.5%, primarily resulting from inflationary pressures on our service contracts. Marketing expense increased by $55,000, data processing costs increased $32,000 and FDIC insurance costs increased $24,000. These increases were partially offset by decreased professional fees of $49,000 and a decrease in other non-interest expenses of $129,000, or 8.4%.
For the six months ended June 30, 2022, non-interest expense totaled $18.6 million, an increase of $1.8 million, or 10.5%, over the comparable 2021 period. The increase was primarily due to an increase in salaries and benefits of $1.4 million, or 15.1%, due to branch expansion, new position openings, annual merit increases, production incentives and employee benefit increases, as well as the competitive pressures of the current job market. For the six months ended June 30, 2022, occupancy expenses increased $305,000, or 15.3%, as a result of the additional rent, depreciation and other expenses related to branch expansion. The addition of branches was also primarily responsible for increased data processing costs of $123,000, increased marketing expense of $84,000 and increased FDIC insurance costs of $35,000. These increases were partially offset by decreased professional fees of $63,000 and a decrease in other non-interest expenses of $178,000, or 6.2%.
Balance Sheet Analysis
Total assets increased $11.6 million, or 0.9%, to $1.29 billion at June 30, 2022 from $1.28 billion at December 31, 2021. Net loans increased $72.2 million, or 8.4%, primarily due to a large increase in our indirect automobile loan portfolio. Indirect automobile loans increased $52.5 million, or 13.7%, and commercial real estate increased $26.1 million, or 8.4%, while commercial and industrial loans decreased $12.9 million, or 12.3%. Available for sale securities decreased $34.7 million, or 12.4%, primarily due to paydowns, sales, calls and maturities of $42.9 million and an increase of $20.8 million in unrealized market losses, partially offset by $29.2 million in purchases. Cash and due from banks decreased $32.2 million, or 44.6%, primarily due to a decrease in deposits held at the Federal Reserve Bank of New York. Deferred tax assets increased $4.6 million mostly in relation to the increase in unrealized losses on securities.
Past due loans remained fairly stable between December 31, 2021 and June 30, 2022, finishing at $13.4 million, or 1.5% of total loans, down from $13.5 million, or 1.6% of total loans at year-end 2021. Our allowance for loan losses as a percentage of total gross loans was 0.88% at June 30, 2022 as compared to 0.89% at December 31, 2021.
Total liabilities increased $24.3 million, or 2.1%, to $1.18 billion at June 30, 2022 from $1.16 billion at December 31, 2021. The increase was due to an increase in deposits of $10.4 million, or 1.0%. Interest bearing deposits increased $20.9 million, or 2.7%, while non-interest bearing deposits decreased $10.5 million, or 3.3%. Increases in advances from the Federal Home Loan Bank of $5.8 million, mortgagors' escrow accounts of $3.5 million, and accrued expenses and other liabilities of $4.6 million also contributed to the increase in liabilities.
Stockholders' equity decreased $12.6 million, or 10.0%, to $113.3 million at June 30, 2022, primarily due to a $16.5 million increase in accumulated other comprehensive loss on available for sale securities related to current market conditions, partially offset by net income of $4.1 million. The Company's ratio of average equity to average assets was 9.37% for the six months ended June 30, 2022 and 10.02% for the year ended December 31, 2021.
About Rhinebeck Bancorp
Rhinebeck Bancorp, Inc. is a Maryland corporation organized as the mid-tier holding company of Rhinebeck Bank and is the majority-owned subsidiary of Rhinebeck Bancorp, MHC. The Bank is a New York chartered stock savings bank, which provides a full range of banking and financial services to consumer and commercial customers through its fifteen branches and two representative offices located in Dutchess, Ulster, Orange, and Albany counties in New York State. Financial services including comprehensive brokerage, investment advisory services, financial product sales and employee benefits are offered through Rhinebeck Asset Management, a division of the Bank.
Forward Looking Statements
This press release contains certain forward-looking statements about the Company and the Bank. Forward-looking statements include statements regarding anticipated future events or results and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as "believe", "expect", "anticipate", "estimate", "intend", "predict", "forecast", "improve", "continue", "will", "would", "should", "could", or "may". Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, inflation, changes in the interest rate environment, general economic conditions or conditions within the securities markets, changes in asset quality, loan sale volumes, charge-offs and loan loss provisions, changes in demand for our products and services, legislative, accounting, tax and regulatory changes or a failure in or breach of our operational or security systems or infrastructure, including cyberattacks that could adversely affect the Company's financial condition and results of operations and the business in which the Company and the Bank are engaged.
Further, given its ongoing and dynamic nature, it is difficult to predict the continuing impact of the COVID-19 outbreak on our business. The extent of such impact will depend on future developments, which are highly uncertain, including when the coronavirus can be controlled and abated. As the result of the COVID-19 pandemic and the related adverse local and national economic consequences, we could be subject to any of the following risks, any of which could have a material, adverse effect on our business, financial condition, liquidity, and results of operations: the demand for our products and services may decline, making it difficult to grow assets and income; if the economy worsens, loan delinquencies, problem assets, and foreclosures may increase, resulting in increased charges and reduced income; collateral for loans, especially real estate, may decline in value, which could cause loan losses to increase; our allowance for loan losses may increase if borrowers experience financial difficulties, which will adversely affect our net income; the net worth and liquidity of loan guarantors may decline, impairing their ability to honor commitments to us; our wealth management revenues may decline with continuing market turmoil; our cyber security risks are increased as the result of an increase in the number of employees working remotely; and FDIC premiums may increase if the agency experiences additional resolution costs.
Accordingly, you should not place undue reliance on forward-looking statements. Rhinebeck Bancorp, Inc. undertakes no obligation to revise these forward-looking statements or to reflect events or circumstances after the date of this press release.
The Company's summary consolidated statements of income and financial condition and other selected financial data follow:
_____________________
(1) Performance ratios for the three and six months ended June 30, 2022 and 2021 are annualized.
(2) Represents net income divided by average total assets.
(3) Represents net income divided by average equity.
(4) Represents net interest income as a percent of average interest-earning assets.
(5) Represents non-interest expense divided by the sum of net interest income and non-interest income.
(6) Represents average equity divided by average total assets.
(7) Capital ratios are for Rhinebeck Bank only. Rhinebeck Bancorp, Inc. is not subject to the minimum consolidated capital requirements as a small bank holding company with assets less than $3.0 billion.
(8) Represents a non-GAAP financial measure, see table below for a reconciliation of the non-GAAP financial measures.
NON-GAAP FINANCIAL INFORMATION
This release contains financial information determined by methods other than in accordance with generally accepted accounting principles ("GAAP"). Such non-GAAP financial information includes the following measure: "tangible book value per common share." Management uses this non-GAAP measure because we believe that it may provide useful supplemental information for evaluating our operations and performance, as well as in managing and evaluating our business and in discussions about our operations and performance. Management believes this non-GAAP measure may also provide users of our financial information with a meaningful measure for assessing our financial results, as well as a comparison to financial results for prior periods. This non-GAAP measure should be viewed in addition to, and not as an alternative to or substitute for, measures determined in accordance with GAAP and are not necessarily comparable to other similarly titled measures used by other companies. To the extent applicable, reconciliations of these non-GAAP measures to the most directly comparable measures as reported in accordance with GAAP are included below.
Contact: Michael J. Quinn, President and Chief Executive Officer, Telephone: (845) 790-1501
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SOURCE Rhinebeck Bancorp, Inc. | https://www.kxii.com/prnewswire/2022/07/28/rhinebeck-bancorp-inc-reports-results-three-six-months-ended-june-30-2022/ | 2022-07-28T22:10:21Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of MINISO Group Holding Limited (NYSE: MNSO) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with MINISO's October 2020 initial public offering (the "IPO") of the important October 17, 2022 lead plaintiff deadline.
SO WHAT: If you purchased MINISO securities 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 MINISO class action, go to https://rosenlegal.com/submit-form/?case_id=7814 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 October 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) defendants and other undisclosed related parties owned and controlled a much larger amount of MINISO stores than previously stated; (2) as a result, MINISO concealed its true costs; (3) the Company did not represent its true business model; (4) defendants, including the Company and its Chairman, engaged in planned unusual and unclear transactions; (5) as a result of at least one of these transactions, the Company is at risk of breaching contracts with Chinese authorities; (6) the Company would imminently and drastically drop its franchise fees; and (7) as a result of the foregoing, defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the MINISO class action, go https://rosenlegal.com/submit-form/?case_id=7814 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/09/06/rosen-globally-recognized-firm-encourages-miniso-group-holding-limited-investors-secure-counsel-before-important-deadline-securities-class-action-filed-by-firm-mnso/ | 2022-09-06T23:36:47Z |
12 Startup Founders Highlighted at Event Designed to Spur Technology Innovation in Africa
AUSTIN, Texas, June 10, 2022 /PRNewswire/ -- Flapmax, in partnership with Microsoft, announced this week the launch of the FAST Accelerator Founder Series, showcasing the work of its FAST Accelerator program graduates – 12 startup founders representing countries across Africa. The 12-week accelerator program, created to help African startups scale more sustainably, launched this year with participants chosen from 800 applicants.
The event highlighted the impact of participation in the FAST Accelerator Program, with startup founders strengthening their business development, marketing, and growth plans. Together with Microsoft, Flapmax will continue to support these startup founders, including with cloud support and go-to-market, AI integration, and a host of other services.
FAST Accelerator startup participants were chosen from over 800 applications, representing diverse industries, including education, fintech, agtech, sustainability and health. The innovations developed by the startups address the United Nations' Sustainable Development Goals (SDGs) bothering on equality, education, and poverty reduction, among others.
The FAST Accelerator Founder Series is designed to amplify African startups, share how their founders are leveraging technology to scale sustainable operations, highlight the solutions being offered by diverse entrepreneurs across Africa, expand startup brand recognition, and build a global community of brand ambassadors. The first FAST Accelerator Founder Series event, held to mark the culmination of the 12-week accelerator program, included:
- Mustapha Suberu, Capsa Technology, who shared that the FAST Accelerator training program was a sort of mini-MBA
- Vincent Okeke, LegitCar, who shared that participation in the FAST Program led to an uptick in brand awareness, exposure of their product, and increase in their business development activities
- Ryan Panderis, Lynkwise's founder, said working on Microsoft product integrations was impactful as much as the networking opportunity provided by Flapmax was a huge success to their business expansion throughout Africa
- Jesse Mutimba, from KaCyber said they greatly appreciated the Azure Credits and talented interns provided as part of FAST, stating that the program delivered a quicker digital transformation and much faster traction for their business at a scale larger than they initially thought they would.
Other founders represented at the event were Edwin Lubanga – Snark Health, Karim Amer – VAIS, Dominique Kavuisya – Taimba, Lekan Omotosho – Pade, Dayo Adeniran – DayDone, Ronald Mutuku – Silqu, Paulus Indongo – K-12Plus, and Dr. Trish – Tumaini La Maisha.
"We were proud to share the work of each graduate of our first program, and hope their success inspires the next generation of entrepreneurs," said Dave Ojika, CEO, Flapmax. "In addition to the next cohort of Accelerator participants, the Founders Series will continue to shine a light on the work of entrepreneurs across Africa. We are already planning a demo day to come this fall."
Representing Microsoft at the event, EduAbasi Chukwunweike, Partner Development Manager at Microsoft-Cloud, shared, "Microsoft offers solutions focused on enhancing the growth of startups in Africa, and these informed the recent intervention programs in form of acceleration, incubation, and access to Microsoft enterprise solutions to Startups across Africa."
FAST is interested in helping all 800 startup founders who applied for the first accelerator program grow sustainably, as well as new business-to-business startups and subject matter experts in Africa, inclusive of small and medium-sized enterprises (SMEs), communities and governments.
Learn more: https://www.fastaccelerator.com
Email: team@fastaccelerator.com
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SOURCE Flapmax | https://www.mysuncoast.com/prnewswire/2022/06/10/microsoft-flapmax-highlight-tech-solutions-addressing-un-sustainable-development-goals-with-fast-accelerator-founder-series/ | 2022-06-10T19:12:01Z |
TORONTO, June 29, 2022 /PRNewswire/ - At a time when inclusion initiatives are at the forefront of organizational objectives, McLean & Company, one of the world's leading HR research and advisory firms, has released its newest resource, Guide to Using Self-identification Questions Respectfully in HR. This research-backed guide was designed to help HR leaders adopt an inclusive lens when creating self-identification options and develop an ethical framework to guide the use and storage of sensitive employee information.
"Gathering and understanding the many traits that come together to make each person unique as it applies to an organization's workforce enables the advancement of DEI and other HR goals," says Obie Odunukwe, director of HR Research & Advisory with a focus on diversity, equity, and inclusion (DEI) services at McLean & Company. "Due to the sensitivity surrounding demographic data, organizational requests for personal information require an intentional approach to ensure inclusiveness and safety of participants."
Though DEI has been a trending topic in the business world in recent years, it is still an area in which many organizations and their leaders struggle. In a joint 2021 report from SHRM, Harvard Business Review Analytic Services, and Trusaic, 67% of respondents said "their organization was, at best, only somewhat successful at creating a workplace that is diverse, equitable, and inclusive."
Odunukwe continues: "A majority of DEI and HR initiatives created to support specific demographics only have partial success rates. This is both unacceptable and understandable, considering the obstacles organizations face when creating self-identification practices."
McLean & Company's Guide to Using Self-identification Questions Respectfully in HR breaks down the three categories of identity traits – inherent traits, acquired traits, and organizational acquired traits – to better assist leaders in understanding the role of identity traits in employee surveys. The guide also helps to establish the diversity traits that need to be captured and measured to further DEI and HR efforts and communicate data expectations and ethics. It provides a selection of sample identification questions that can be used to inform a self-identification survey.
"A shared challenge is a lack of prescriptive research on how to address the many competing considerations, such as legal, social, psychological safety and trust, when collecting, storing, and using sensitive employee information to progress DEI goals," Odunukwe adds: "Depending on the level of tolerance, organizations may avoid this exercise if they perceive the risk to be too great. This is why the new DEI-focused guide from McLean & Company is so relevant and supports organizations with an ethical and purposeful approach."
McLean & Company is committed to supporting people leaders in their efforts to employ an inclusive and intentional approach when gathering and measuring personal employee traits. The firm offers practical resources as well as various levels of support designed to meet organizations' unique HR needs, including DIY toolkits, guided implementations, workshops, and consulting.
To learn more about McLean & Company or to download all the latest research, visit hr.mcleanco.com and connect via LinkedIn and Twitter.
About McLean & Company
Through data-driven insights and proven best-practice methodologies, McLean & Company offers comprehensive resources and full-service assessments, action plans, and training to position organizations to meet today's needs and prepare for the future.
McLean & Company is a division of Info-Tech Research Group.
Media professionals are encouraged to register for McLean & Company's Media Insiders Program for more research and insights. This program provides unrestricted, on-demand access to HR, IT, and software industry content as well as subject matter experts from a group of over 200 research analysts. To apply for access, contact pr@mcleanco.com.
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SOURCE Mclean & Company | https://www.wibw.com/prnewswire/2022/06/29/dei-initiatives-often-fail-new-research-guide-mclean-amp-company-positioned-help-organizations-overcome-obstacles/ | 2022-06-29T18:09:15Z |
Biden to sign massive climate and health care legislation
KIAWAH ISLAND, S.C. (AP) — President Joe Biden will sign Democrats’ landmark climate change and health care bill on Tuesday, delivering what he has called the “final piece” of his pared-down domestic agenda, as he aims to boost his party’s standing with voters less than three months before the midterm elections.
The legislation includes the most substantial federal investment in history to fight climate change — some $375 billion over the decade — and would cap prescription drug costs at $2,000 out-of-pocket annually for Medicare recipients. It also would help an estimated 13 million Americans pay for health care insurance by extending subsidies provided during the coronavirus pandemic.
The measure is paid for by new taxes on large companies and stepped-up IRS enforcement of wealthy individuals and entities, with additional funds going to reduce the federal deficit.
The House on Friday approved the measure on a party-line 220-207 vote. It passed the Senate days earlier with Vice President Kamala Harris breaking a 50-50 tie in that chamber.
Biden is set to sign the bill during a small ceremony in the State Dining Room of the White House, sandwiched between his return from a six-day beachside vacation in South Carolina and his departure for his home in Wilmington, Delaware. He plans to hold a larger “celebration” for the legislation on Sept. 6 once lawmakers return to Washington.
The signing caps a spurt of legislative productivity for Biden and Congress, who in three months have approved legislation on veterans’ benefits, the semiconductor industry and gun checks for young buyers. The president and lawmakers have also responded to Russia’s invasion of Ukraine and supported NATO membership for Sweden and Finland.
With Biden’s approval rating lagging, Democrats are hoping that the string of successes will jump-start their chances of maintaining control in Washington in the November midterms. The 79-year-old president aims to restore his own standing with voters as he contemplates a reelection bid.
The White House announced Monday that it was going to deploy Biden and members of his Cabinet on a “Building a Better America Tour” to promote the recent victories, though the administration has yet to announce specific travel by the president.
“In the coming weeks, the President will host a Cabinet meeting focused on implementing the Inflation Reduction Act, will travel across the country to highlight how the bill will help the American people, and will host an event to celebrate the enactment of the bill at the White House on September 6th,” the White House said in a statement.
Republicans say the legislation’s new business taxes will increase prices, worsening the nation’s bout with its highest inflation since 1981. Though Democrats have labeled the measure the Inflation Reduction Act, nonpartisan analysts say it will have a barely perceptible impact on prices.
The measure is a slimmed-down version of the more ambitious plan to supercharge environment and social programs that Biden and his party unveiled early last year.
Biden’s initial 10-year, $3.5 trillion proposal also envisioned free prekindergarten, paid family and medical leave, expanded Medicare benefits and eased immigration restrictions. That crashed after centrist Sen. Joe Manchin, D-W.Va., said it was too costly, using the leverage every Democrat has in the evenly divided Senate.
Still, Biden and Democrats are hailing the legislation as a once-in-a-generation investment in addressing the long-term effects of climate change, as well as drought in the nation’s West.
The bill will direct spending, tax credits and loans to bolster technology like solar panels, consumer efforts to improve home energy efficiency, emission-reducing equipment for coal- and gas-powered power plants, and air pollution controls for farms, ports and low-income communities.
Another $64 billion would help 13 million people pay premiums over the next three years for privately bought health insurance under the Affordable Care Act. Medicare would gain the power to negotiate its costs for pharmaceuticals, initially in 2026 for only 10 drugs. Medicare beneficiaries’ out-of-pocket prescription costs would be limited to $2,000 annually starting in 2025, and beginning next year would pay no more than $35 monthly for insulin, the costly diabetes drug.
___
Associated Press writer Alan Fram in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/16/biden-sign-massive-climate-health-care-legislation/ | 2022-08-16T11:04:48Z |
From the time Jacob Wilk was a Salado sophomore, the Brigham Young University baseball program had its sights on him.
It took a couple of other stops along the way, but Wilk finally found his way to Provo, Utah, and it’s now paying robust dividends for both the player and the program.
Coming into last week, the BYU first baseman was leading the West Coast Conference in hitting (.450), slugging percentage (.900), on-base percentage (.522) and on-base slugging percentage (1.422) in conference play. Overall, Wilk was hitting at a .302 clip with five home runs.
The mustache-sporting Wilk, however, doesn’t care to know his numbers or necessarily shoot for certain statistics anymore.
“I’m superstitious so I don’t think about those things,” said Wilk, who also was an all-state linebacker for Salado. “I’m trying to have fun more than anything. I’m seeing the ball well. We have a bunch of dudes who are playing well.”
Learning to have fun may be the biggest difference-maker in Wilk’s career. It took going with the program that made him an offer in 2016 when the Eagles were vying for a state title against Abilene Wylie.
Wylie won that day, but Wilk, then a young shortstop, caught the eye of BYU recruiting coach Brent Haring, who already had an eye on him through Wilk’s summer team.
“I saw him on his tournament team out of Round Rock and I also saw him play at the (Round Rock) Express Stadium,” said Haring, the Cougars’ recruiting coordinator and assistant coach who, along with interim coach Trent Pratt, has steadied the ship after the sudden midseason resignation of longtime head coach Mike Littlewood. “He was a big, strong kid. I liked the way he played, and I offered him a scholarship that year.”
As flattering as that was, BYU wouldn’t be his only offer. Making a move from Salado to Utah just seemed too daunting at the time to a kid out of a small Texas high school. He did, however, hope that Fayetteville, Arkansas would be more to his liking, and he signed with the Razorbacks.
It wasn’t.
“I just wasn’t comfortable there,” said the 6-4, 235-pounder, who spent the summer and fall of 2018 there before deciding Arkansas was not a good fit. “BYU reached out again and wanted me to transfer. I still wasn’t ready for a trip to Utah.”
Instead, Wilk wound up at Wharton Junior College in southeast Texas. After a shaky freshman season — “I played awful,” he said — he found his niche as a sophomore. Wilk hit .391 to reignite large school interest in him.
“I had offers from big schools,” said Wilk, who also had committed to Texas State. “Schools don’t forget you. I just needed to get where I was comfortable. (In junior college) you want to play good and get out. I was motivated to play well. In JUCO, the numbers speak.”
Haring didn’t forget about Wilk and extended an offer once again.
“You try to never give up on a kid,” Haring said. “We stayed with him.”
This time, Wilk returned to the first serious offer he received years before.
The 2021 season was a so-so output for Wilk as he struggled to stay in the lineup. This year, he earned his way onto the lineup card, mostly penciled in at the clean-up spot. They key is not so much where he is in the lineup as it is just being in the lineup.
“I’ve hit in the eight-hole, the three-hole, the five-hole,” said Wilk, whose parents, CJ and Kristi, played collegiate sports in baseball and basketball. “I’ve hit everywhere. My main goal is to be in the lineup every day and prove that I can do it.”
Now that he’s locked in and a top contributor, don’t expect Wilk to shave off his old-school mustache even if his mother, the current Salado volleyball coach, would just as soon prefer that he did. A long-standing “shave policy” at BYU doesn’t permit facial hair beyond a mustache.
“In the summer when I’m home I like to let my beard grow,” said Wilk, who is eligible to play in 2023. “My mom wishes I would shave it, but I like to have a little fish hair.”
For the time being he’s enjoying the ride in Provo by producing at the plate. He’s dramatically cut down on his strikeouts over his collegiate career, which has brought his average way up.
“I just try to hit the ball wherever, in the gaps,” he said. “I can handle the bat pretty well.
“When you get to Division I, you think you have to try to change what got you there to be better,” he said. “In reality, all I had to do was be Jacob Wilk.”
That’s been plenty good enough for BYU, and the Cougars knew it all along. | https://www.tdtnews.com/sports/article_23b4b948-c356-11ec-976e-872349f99826.html | 2022-04-24T04:21:41Z |
Coney Island Castle opened Aug. 14 and is White Castle's first beachfront location in New York City
COLUMBUS, Ohio, Aug. 15, 2022 /PRNewswire/ -- White Castle, a family-owned business for 101 years, is making sure New Yorkers get another opportunity to enjoy that one-of-a-kind slider experience. The beloved fast-food hamburger chain, known as the home of The Original Slider®, opened a brand-new Castle on historic Coney Island yesterday.
White Castle has called New York City home since 1930 — more than nine decades. But this is the first Castle on Coney Island. Located at 3015 Stillwell Ave., the Castle is just steps away from the amusement park, aquarium and world-renown beach. It encompasses 1,600 square feet and features two dining tables and window seating.
"We're thrilled to bring White Castle to more New Yorkers with a new Castle on Coney Island," said Jamie Richards, vice president at White Castle. "It's a perfect match for an iconic burger chain and an iconic beach setting. We look forward to serving our loyal fans and connecting with new Cravers at this location."
This opening follows the re-opening of a Castle at 2092-2094 7th Ave. in Harlem. The uptown Castle re-opened in April following an extensive renovation that added stand-up eating counters and included a variety of interior and exterior improvements, illustrating White Castle's investment in the Harlem community. The Castle features a mural wall that showcases historical photos depicting special moments in White Castle's 101-year history, including its nearly 92 years in New York City.
"The renovation in Harlem and the brand-new Castle on Coney Island put our commitment to the New York City region front and center," Richardson said. "Our Craver fans in and around NYC have been so good to us, and we're incredibly grateful for their support."
White Castle opened its first New York City Castle in August 1930 at 550 E. Fordham Rd. in the Bronx. White Castle still has a restaurant on the site, although it's a much newer building.
About White Castle®
White Castle, America's first fast-food hamburger chain, has been making hot and tasty Sliders as a family-owned business for 101 years. Based in Columbus, Ohio, White Castle started serving The Original Slider® in 1921. Today White Castle owns and operates more than 350 restaurants dedicated to satisfying customers' cravings morning, noon and night and sells its famous fare in retail stores nationwide. The Original Slider, named in 2014 as Time magazine's "Most Influential Burger of All Time," is served alongside a menu of creatively crafted Sliders and other mouthwatering food options, including White Castle's Impossible™ Slider, named by Thrillist in 2019 as the "Best Plant-Based Fast Food Burger." White Castle's commitment to maintaining the highest quality products extends to the company owning and operating its own meat processing plants, bakeries and frozen-food processing plants. In 2021, 100 years after the first Slider was sold, Fast Company named the fast-food pioneer one of the "10 Most Innovative Dining Companies." White Castle is known for the legendary loyalty of its team members, more than 1 in 4 of whom have worked for White Castle for at least 10 years, and also for its faithful fans ("Cravers"), many of whom compete each year for entry into the Cravers Hall of Fame. The official White Castle app, available at iTunes App Store or Google Play, makes it easy for Cravers to access sweet deals and place pickup orders at any time. They can also have their orders delivered using one of White Castle's delivery partners. For more information on White Castle, visit whitecastle.com.
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SOURCE White Castle | https://www.kxii.com/prnewswire/2022/08/15/white-castle-expands-new-york-city-with-new-restaurant-coney-island/ | 2022-08-15T10:42:43Z |
WASHINGTON (AP) — President Joe Biden signed a bill Thursday that will give around-the-clock security protection to the families of Supreme Court justices.
The new law, which passed the House this week and the Senate last month, comes eight days after a man carrying a gun, knife and zip ties was arrested near Justice Brett Kavanaugh’s house after threatening to kill the justice.
The bill calling for the expansion of security protections was approved unanimously by the Senate and passed shortly after the leak of a draft court opinion that would overrule Roe v. Wade and sharply curtail abortion rights in roughly half the states.
Supporters of the legislation said threats to the justices have increased since then, with protesters sometimes gathering outside their homes. Justices were provided 24-hour protection by the U.S. Marshals. The new law expands that protection to their families.
The bill was initially delayed in the House as Democrats sought to broaden the measure to include protection for families of court employees. Republicans ramped up pressure to pass the proposal after the arrest of Nicholas John Roske, 26, of Simi Valley, California, at Kavanaugh’s house. Roske was indicted by a federal grand jury Wednesday, charged with a single count of attempting to murder a Justice of the United States. Prosecutors say he traveled from California to the justice’s home in Chevy Chase, Maryland, with the intent of killing Kavanaugh.
The House passed the bill Tuesday, 396-27. Democrats said they would pursue the protections for families of court employees separately. | https://cw33.com/news/politics/ap-politics/biden-signs-bill-to-protect-supreme-court-justices-into-law/ | 2022-06-17T22:14:38Z |
QINGDAO, China, June 21, 2022 /PRNewswire/ -- The 3rd Qingdao Multinationals Summit, jointly organized by China's Ministry of Commerce and the Shandong Provincial Government, was held in Qingdao, Shandong province on June 19, 2022.
With a focus on collaborative efforts between multinational firms and Chinese businesses and organizations to further open up the Chinese market, this year's summit was designed to inject new vitality into both the Chinese as well as the world's economy by creating a new development model through dialogs leading to new and expanded collaborations between all parties involved.
The event brought together top management executives from 186 Fortune 500 companies and another 290 key businesses worldwide, ambassadors from many countries, and experts from international organizations and business associations. Over 5,600 guests attended the summit held in a hybrid online and offline format.
The summit provided a platform for discussions and exchanges between top management executives from multinational firms touching on several topics, including the reconstruction of global supply chains, the implementation of the Regional Comprehensive Economic Partnership (RCEP) Agreement and the achievement of carbon neutrality.
Currently, the global supply chain system is being reshaped at an accelerated pace given the impact of increased protectionism and the Covid-19 pandemic, among others. Multinational firms still have confidence in the Chinese market and are willing to invest despite the fact that the role of China in the global supply chain system is changing as a result of the weakening of the market's advantages in costs and mass production.
China plans to boost its economic growth while continuing to implement epidemic prevention and control measures. By doing so, the Chinese government aims to continue trade and investment liberalization by further relaxing market access and promoting fair competition, with the ultimate goal of creating a market-oriented and law-based international business environment.
With the further opening-up of the Chinese market, coupled with a more favorable business environment that can be expected to bring more opportunities, companies outside China are welcome to invest, establish a presence or expand an existence presence so that they can benefit from an economy that continues to grow.
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SOURCE Information Office of the People's Government of Shandong Province | https://www.wibw.com/prnewswire/2022/06/21/3rd-qingdao-multinationals-summit-kicks-off/ | 2022-06-21T04:22:20Z |
SAN DIEGO, April 4, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced that it published its second annual Sustainability Report which covers its 2021 environmental, social and governance ("ESG") initiatives and progress. The report is prepared in accordance with the GRI Standards and built to align with other disclosure efforts, investor feedback, annual ratings and rankings submissions, and the United Nations Sustainable Development Goals.
"We continue to advance our sustainability initiatives across our business through the strength of our partnerships with all stakeholders. Since publishing our inaugural Sustainability Report last year, we have made significant strides towards being a sustainability leader in the net lease REIT industry. I am proud of the contributions from our One Team members as we work towards achieving our ESG goals," said Sumit Roy, President and Chief Executive Officer of Realty Income.
Realty Income's 2021 Sustainability Report is available on its corporate website at
www.realtyincome.com/corporate-responsibility/sustainability-report.
About Realty Income
Realty Income, The Monthly Dividend Company®, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats® index. We invest in people and places to deliver dependable monthly dividends that increase over time. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 11,100 real estate properties owned under long-term net lease agreements with commercial clients. To date, the company has declared 621 consecutive common stock monthly dividends throughout its 53-year operating history and increased the dividend 115 times since Realty Income's public listing in 1994 (NYSE: O). Additional information about the company can be obtained from the corporate website at www.realtyincome.com.
Forward-Looking Statements
Statements in this press release that are not strictly historical are "forward-looking" statements. Forward-looking statements involve known and unknown risks, which may cause our actual future results to differ materially from expected results. These risks include, among others, general economic conditions, domestic and foreign real estate conditions, client financial health, the availability of capital to finance planned growth, volatility and uncertainty in the credit markets and broader financial markets, fluctuations in interest and currency rates, property acquisitions and the timing, terms or completion of these acquisitions, uncertainties regarding whether the anticipated benefits of our merger with VEREIT, Inc. which closed on November 1, 2021, and the spin-off of substantially all of the office properties to Orion Office REIT Inc. on November 12, 2021 will be achieved, charges for property impairments, the effects of the COVID-19 pandemic and the measures taken to limit its impact, the effects of pandemics or global outbreaks of contagious diseases or fear of such outbreaks, the ability of clients to adequately manage their properties and fulfill their respective lease obligations to Realty Income, the outcome of any legal proceedings to which Realty Income is a party, acts of terrorism and war, and those additional risks and factors discussed in our reports filed with the U.S. Securities and Exchange Commission. Consequently, forward-looking statements should be regarded solely as reflections of Realty Income's current operating plans and estimates. Actual plans and operating results may differ materially from what is expressed or forecasted in this press release. Realty Income does not undertake any obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.
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SOURCE Realty Income Corporation | https://www.kxii.com/prnewswire/2022/04/04/realty-income-publishes-second-annual-sustainability-report/ | 2022-04-05T01:25:51Z |
NEW YORK, May 23, 2022 /PRNewswire/ -- Attention Riskified Ltd. ("Riskified Ltd.") (NYSE: RSKD) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering.
If you suffered a loss on your investment in Riskified Ltd., contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/riskified-ltd-loss-submission-form?prid=27515&wire=4
ABOUT THE ACTION: The class action against Riskified Ltd. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
DEADLINE: July 1, 2022
Aggrieved Riskified Ltd. investors only have until July 1, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/05/23/class-action-alert-law-offices-vincent-wong-remind-riskified-ltd-investors-lead-plaintiff-deadline-july-1-2022/ | 2022-05-23T10:51:31Z |
HUB Grows Media, Motion Picture/Television Production and Distribution Insurance and Risk Management Team
CHICAGO, May 16, 2022 /PRNewswire/ -- Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, has announced that it has strengthened its Entertainment & Sports Specialty Practice with a high-profile team of three in Los Angeles/Orange County, California. The team includes Lorrie McNaught, Kyle Clancy and Juliana Selfridge.
With a combined experience of more than 50 years in the entertainment industry, the team provides deep experience in insuring reality TV, film, television, post-production, independent studios, and global media & entertainment clients.
"Their incredible depth of expertise in the media, TV and film space are a tremendous addition to HUB's Entertainment team," said Andrew Forchelli, President of HUB's Entertainment & Sports Specialty Practice and HUB Los Angeles & Orange County. "The addition of Lorrie, Kyle and Juliana to our existing broad and strong team of entertainment professionals, is further evidence that HUB truly is the preeminent entertainment broker in the world."
McNaught has experience managing both first- and third-party programs for various television networks and independent film, including placements for both national and global production insurance risks. Her primary areas of expertise are in risk assessment, placement and servicing television and film production packages, errors and omissions media liability, casualty and participant accident medical policies.
Clancy has worked with some of the largest entertainment clients in the industry. He assists in the placement and servicing of global and domestic insurance programs for studios, TV networks, and independent feature films. Clancy's areas of expertise are insurance placement and service of TV-film production package, errors and omissions media liability, and contingency risks (adverse weather, event cancellation, non-appearance). He was recognized by Risk & Insurance Magazine as 2020 Entertainment Power Broker.
Selfridge has 28 years of insurance experience specializing in entertainment insurance as both a broker and risk manager. She has provided oversight on studio programs, independent films and commercial risks. She specializes in negotiating terms and conditions for multi-media entertainment accounts, evaluating and providing insurance solutions for specific and unusual exposures and has deep experience interacting with addressing the unique needs of producers and production personnel.
HUB's Entertainment & Sports Specialty Practice has more than 140 specialty advisors and risk services experts providing technical expertise and global resources to facilitate an increasingly difficult insurance marketplace. The practice combines risk analysis, loss control, market leverage and claims advocacy to address the unique liabilities in motion picture, television show, entertainer, commercial, concert, venue and/or special events.
About HUB International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 14,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, please visit www.hubinternational.com.
MEDIA CONTACTS:
Marni Gordon
Phone: 312-279-4601
Marni.gordon@hubinternational.com
Jessica Wiltse
Phone: 312-596-7573
jessica.wiltse@hubinternational.com
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SOURCE Hub International Limited | https://www.wibw.com/prnewswire/2022/05/16/three-leading-entertainment-production-brokers-join-hub-international/ | 2022-05-16T13:16:53Z |
Malone offers non-traditional sports camp for Canton students
CANTON – Kendric Johnson's preferred sport is baseball. But for the past few days, he's shined in lacrosse.
That's because Kendric, 11, spent the week at the inaugural Pioneer Leadership/Exploratory Sports Camp at Malone University. He and 29 other campers played a variety of sports, heard from guest speakers, and connected with each other.
"It's been fun because I've made a lot of new friends, and it's a good environment to be in," he said. "It's always good to try new things."
The camp was organized through a collaboration of Canton City Schools, the city of Canton and Malone University. Mark McClure, the camp's director and Malone's track coach, said he feels the university's job is to strengthen connections to the broader community.
Students enrolled in Canton Local Schools were able to attend the camp for free through a $24,000 American Rescue Plan Act grant from the city, said Rollin Seward, the city's community development director.
The city administration recognized the effect the COVID-19 pandemic had on children, and funding the camp was a way to get students back outside and exposed to different experiences, he said.
A focus on non-traditional sports
The camp strategically featured non-traditional sports — golf, track and field, and lacrosse — and catered to students in third through sixth grades. That group of students often gets left out of valuable programming, which is usually geared toward middle school and high school students, McClure said.
Seward said the decision to introduce non-traditional sports to those at the camp was meant to spark some newfound interests in the students.
"For non-traditional sports, a lot of students don't get involved until later ages, and so they're not as competitive," Seward explained. By introducing the sports at the camp, younger students are able to build their skill levels and compete sooner than they normally would.
Junia Rozko, 8, said she was used to playing soccer, which she likes best. After attending the camp, though, Rozko said she enjoyed track and field and would maybe want to try it again soon.
She isn't alone. Davis Reinhard, one of the camp's counselors, said most of the students he worked with were eager to try new sports. He was worried they might get bored, but their fascination took off.
"The idea that there are different sports out there other than football and basketball and baseball — the ones they're brought up with — it might lead them down a path of other sports that are non-traditional, too," Reinhard, 22, said.
Another of the camp's counselors, Azure Curtis, 21, said she was amazed by the sportsmanship. Most of the students were new to the sports they were playing, she said, which gave everyone an even playing field and encouraged them to root for their peers.
Will there be a 2023 camp?
As of right now, there is money set aside to fund two more summers of the camp, Seward said. McClure has thought about adding more grade levels or changing how many days the camp runs, but nothing is set in stone.
Overall, though, he said the camp's debut has gone better than he expected. Of course, some things needed adjusted, but it's been a positive experience for him.
"I would definitely be interested in coming back," Johnson said. "I wish we had more time to play sports."
Contact Ryan via email at rmaxin@gannett.com, on Twitter at @ryanmaxin or by phone at 330-580-8412. | https://www.cantonrep.com/story/news/2022/07/01/leadership-sports-camp-hosted-malone-university-students/7776663001/ | 2022-07-01T19:12:21Z |
STOCKHOLM and MELAKA, Malaysia, June 1, 2022 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, demonstrated the possibilities of powered two-wheeler airbags in a crash test attended by the Minister of Transport of Malaysia on May 23. The test was conducted in relation to the tenth anniversary of the Malaysian Institute of Road Safety Research (MIROS) laboratory.
Road traffic crashes claim 1.3 million lives every year and are the leading cause of death among children and young adults. More than 90 per cent of road traffic fatalities occur in developing countries. The safety of motorcycle riders is a major challenge in Southeast Asia and motorcycle crashes accounted for 66% of all traffic fatalities in Malaysia in 2021.
In 2021, Autoliv entered a partnership with MIROS, an organization with a progressive approach to road safety in Malaysia and a particular focus on powered two-wheelers. The collaboration directly supports Autoliv's vision of Saving More Lives and UN Sustainable Development Goal (SDG) number three, which aspires to ensure good health and well-being for all, with one of its targets focused on halving global deaths and injuries from road traffic crashes.
"I am very excited and fully support the development of this motorcycle airbag technology. I am sure that MIROS will support and cooperate with Autoliv in the development of this technology and evaluate its potential to save motorcyclists in our country going forward," says Dr. Wee Ka Siong, Minister of Transport in Malaysia.
"Autoliv is committed to our vision of Saving More Lives and to providing world class life-saving solutions for mobility and society. Autoliv is prioritizing developing products that specifically protect vulnerable road users. The development of these products is an integral part of our sustainability agenda and an important step towards our goal of saving 100,000 lives annually," says Mikael Bratt, CEO and President, Autoliv.
The MIROS collision test laboratory, PC3 Crash Lab, has played an important role in the vehicle safety ecosystem over the past ten years. Industry partners such as Autoliv conduct research and development in collaboration with the test laboratory to improve the level of road and vehicle safety in Southeast Asia and worldwide.
"It was a privilege to be a part of the MIROS tenth anniversary event and be asked to conduct a crash test with new technology that brings us one step closer to saving more lives in Southeast Asia. Autoliv has an important role to play in markets like Malaysia, and I am proud to see Autoliv's airbag for powered two-wheelers generating interest in the country," says Cecilia Sunnevång, Vice President Research at Autoliv.
Inquiries:
Media: Gabriella Ekelund, Tel +46 (70) 612 64 24
Investors & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14
This information was brought to you by Cision http://news.cision.com
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SOURCE Autoliv | https://www.kxii.com/prnewswire/2022/06/01/autoliv-malaysian-institute-road-safety-research-collaborate-save-more-lives/ | 2022-06-01T06:47:09Z |
NEW YORK , July 19, 2022 /PRNewswire/ --
The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Verrica Pharmaceuticals, Inc. (NASDAQ: VRCA) alleging that the Company violated federal securities laws.
Class Period: May 28, 2021 to May 24, 2022
Lead Plaintiff Deadline: August 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in VRCA:
https://www.kleinstocklaw.com/pslra-1/verrica-pharmaceuticals-inc-loss-submission-form?id=29924&from=4
Verrica Pharmaceuticals, Inc. NEWS - VRCA NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Verrica Pharmaceuticals, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) there were manufacturing deficiencies at the facility where Verrica's contract manufacturer produced a bulk solution for the Company's lead product candidate, VP-102; (2) these deficiencies were not remediated when Verrica resubmitted its New Drug Application for VP-12 for molluscum; (3) the foregoing presented significant risks to Verrica obtaining regulatory approval of VP-102 for molluscum; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Verrica you have until August 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Verrica securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the VRCA lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/verrica-pharmaceuticals-inc-loss-submission-form?id=29924&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.kxii.com/prnewswire/2022/07/19/vrca-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-5-2022-class-action-filed-behalf-verrica-pharmaceuticals-inc-shareholders/ | 2022-07-19T10:41:26Z |
Company to Present Corporate and Psychiatry Franchise Update During Webcast, June 27, 2022, at 7:00am ET
RADNOR, Pa., June 23, 2022 /PRNewswire/ -- NRx Pharmaceuticals, Inc. (Nasdaq: NRXP), ("NRx Pharmaceuticals"), a clinical-stage biopharmaceutical company, today announced its interim Chief Executive Officer, Robert Besthof, and other executive leaders will be presenting a virtual update to the company's business via webcast at the H.C. Wainwright & Co. 1st Annual Mental Health Conference: Neuropsychiatry, Psychedelics, and Beyond. This presentation provides an update for the Company's lead therapeutic product, NRX-101, targeting Bipolar Depression in patients with Acute (ASIB, requiring hospitalization) and Subacute Suicidal Ideation and Behavior (SSIB, not requiring hospitalization).
Webcast Presentation Details:
Event: H.C. Wainwright & Co. 1st Annual Mental Health Conference: Neuropsychiatry, Psychedelics, and Beyond (Hybrid Conference)
Date: Monday, June 27, 2022
Time: 7:00 a.m. Eastern Time
Link to register for the NRx Pharmaceuticals' Presentation: CLICK HERE
(A replay will be available on the NRx Pharmaceuticals website for thirty (30) days following the presentation at www.nrxpharma.com).
About NRx Pharmaceuticals
NRx Pharmaceuticals, Inc. draws upon decades of collective, scientific, and drug-development experience applying innovative science to known molecules to address very high unmet needs and bring improved health to patients. The Company is developing NRX-101, its proprietary fixed dose combination as a treatment for Bipolar Depression in Patients with Acute Suicidal Ideation and Behavior (ASIB). The U.S. Food and Drug Administration ("FDA") has granted Breakthrough Therapy designation, a Special Protocol Agreement, and a Biomarker Letter of Support for NRX-101. NRx Pharmaceuticals is led by executives who have held leadership roles at Lilly, Pfizer, and Novartis as well as major investment banking institutions.
Cautionary Note Regarding Forward-Looking Statements
This announcement of NRx Pharmaceuticals, Inc. includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995, which may include, but are not limited to, statements regarding our financial outlook, product development, business prospects, and market and industry trends and conditions, as well as the Company's strategies, plans, objectives, and goals. These forward-looking statements are based on current beliefs, expectations, estimates, forecasts, and projections of, as well as assumptions made by, and information currently available to, the Company's management.
The Company assumes no obligation to revise any forward-looking statement, whether as a result of new information, future events or otherwise. Accordingly, you should not place reliance on any forward-looking statement, and all forward-looking statements are herein qualified by reference to the cautionary statements set forth above.
CORPORATE CONTACT
Molly Cogan
Sr. Director, Global Communications
mcogan@nrxpharma.com
INVESTOR RELATIONS
Tim McCarthy
Investor Relations
tim@lifesciadvisors.com
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SOURCE NRx Pharmaceuticals, Inc. | https://www.kxii.com/prnewswire/2022/06/23/nrx-pharmaceuticals-leaders-present-hc-wainwright-amp-co-1st-annual-mental-health-conference-neuropsychiatry-psychedelics-beyond/ | 2022-06-23T13:12:21Z |
NEW YORK, April 5, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Vectrus, Inc. (NYSE: VEC)'s merger with The Vertex Company. If you are a Vectrus shareholder, click here to learn more about your rights and options.
Schweitzer-Mauduit International, Inc. (NYSE: SWM)'s merger with Neenah, Inc. Following the closing of the transaction, Schweitzer-Mauduit shareholders will own approximately 58% of the combined company, and Neenah shareholders will own approximately 42% of the combined company, respectively, on a fully diluted basis. If you are a Schweitzer-Mauduit shareholder, click here to learn more about your rights and options.
Huttig Building Products, Inc. (NASDAQ: HBP)'s sale to Woodgrain Inc. for $10.70 per share. If you are a Huttig Building shareholder, click here to learn more about your rights and options.
Oasis Petroleum Inc. (NASDAQ: OAS)'s merger with Whiting Petroleum Corporation. If you are an Oasis shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.mysuncoast.com/prnewswire/2022/04/06/shareholder-notice-halper-sadeh-llp-investigates-vec-swm-hbp-oas/ | 2022-04-06T06:06:15Z |
My mother never got to buy shoes. At least not in that obsessive, stereotypically female way we see in shows like Sex and the City.
She contracted polio in her native Argentina in 1941 when she was two years old, more than a decade before the polio vaccine was invented by Jonas Salk. As her body grew, so did her affected leg, but it never quite caught up. Polio left her with a foot that was smaller than the other, on a leg that was shorter than the other. Moreover, that leg did not work well; it didn't really work at all, acting instead more like a kickstand. That's because the virus damaged the motor neurons in part of her spine, leaving the related muscle fibers too weak to move the leg independently.
Not everyone who gets infected with polio experiences paralysis. Only an estimated 5% get any symptoms at all, and only 1% of that group (1 in every 200 cases) goes on to develop paralytic polio. People are affected to varying degrees. Some people who experience symptoms recover. Others don't.
There was no cure back then and there still is no cure today. The only thing that helps is prevention—with a vaccine.
Almost 93% of children in the United States are fully vaccinated against polio by the age of two, according to the US Center for Disease Control and Prevention. But there are communities where residents have been more reluctant to do so. It might be due to the success of the vaccine, which has resulted in collective amnesia about the panic polio outbreaks used to create, or because of an anti-vax sentiment.
When we think about polio today, it is often in one of two ways: with an historical eye to the time before vaccines, when terrified parents would keep kids away from public places during outbreaks, or in talking about acute cases, the number of people sick in this the moment. (Answer: Currently one -- a man in Rockland county, NY -- but public health experts fear that's just the tip of the iceberg as the poliovirus has been found, through wastewater testing, in Rockland County, neighboring Orange County and New York City).
But we almost never think about what it is like living with the consequences of polio, year after year, decade after decade. Polio has lasting repercussions that ripple outward over a lifetime, touching on everything that person experiences from the moment they get sick through the end of their lives. Up to 20 million people worldwide are polio survivors.
Shoes, shoes everywhere
I don't really know anything about the acute phase of my mother's illness: how sick she got or for how long she was hospitalized. I don't know anything about the course of her disease or all the things her anguished parents did to make sure she had the best outcome possible. All I know is that she got infected when she was a toddler and over the next twenty-plus years she endured many summer surgeries (so as not to miss school) and spent many months in a cast, recovering.
In addition to being smaller, her affected leg was full of scars. In photographs, she'd try to position herself to obscure it as much as possible. She also had a long scar on her good leg, from where they removed a piece of her thigh bone in an attempt to make her legs more even.
The shoes my mother had to wear were custom made to fit her uneven feet. The left shoe was smaller, and it had a lift. But it was not enough of a lift to prevent her from having a pronounced limp. This unevenness in the length of her legs eventually led to scoliosis, a curvature of her spine.
My mother had a distinct way of walking -- she'd step forward placing all her body weight on her good leg then send her bad leg forward by swinging her hip, then she'd momentarily shift her weight onto the bad leg and step quickly forward again with her good leg. Her bad leg acted a bit like a wooden peg leg. This created a distinct clip-CLOP when she walked; my sister and I could hear her coming a mile away. We would, of course, make full use of that warning system to drop whatever forbidden activity we were engaged in and pretend to be doing our homework or sleeping soundly, when we heard her in the hallway. She only ran -- a skip-and-hop gallop -- in real emergencies.
You'd think that some of it -- the surgeries, the recoveries, the scoliosis, the fact that one leg had to do all of the work -- would have been painful, but she never complained of anything, except how messy our rooms were. My sister and I never heard her dwell on her situation or her inability to participate in an activity; she never seemed frustrated. She was stoic -- a trait shared by many polio survivors; she just marched forward, limp and all.
My mother ordered her shoes from Argentina, where an orthopedic shoemaker had an exact mold of her feet. She wore shoes in one of two styles: Mary Janes and T-Strap. At any given time, she might have two or three pairs in a very small variety of colors (black, brown, white or blue). When they completely wore out and fell apart, she would order one or two more. I recall they were very expensive.
She never got to wear dainty ballet flats, casual espadrilles, ugly-but-comfortable Birkenstocks, elegant riding boots -- not even sneakers. Even if she had gotten regular shoes in two different sizes, it just would not have been comfortable -- or maybe even possible -- for her to walk. That meant she never got to own a pair of whimsical pink shoes "just because," or chunky Doc Martens that made her feel like a badass walking down the street, or sexy pumps that made her feel like a movie star.
My sister and I never got to play dress-up with her shoes; we did not dream of one day borrowing them to go out dancing or on a date. And that was ok; we never even knew it was something that little girls (and some little boys) did.
Silver lining
Although my mother avoided the worst outcomes of polio -- death or needing an iron lung -- I always wonder what her life would have been like if she hadn't gotten infected. Would she still have married my dad -- or would there have been a more dashing, perhaps taller suitor? Would she have chosen a more exciting job than her secretarial position at the United Nations? Would she have been too busy leading the glamorous life of a jet-setter to want to bear children? Who among us ever knows what could have been?
But I could also flip that: what did polio push her to accomplish? I like to think that being "different" motivated her -- gave her the impetus to settle thousands of miles away in New York City, far from Buenos Aires and what surely would have shaped up to be a more traditional life. Would she have chosen to leave the warm and safe embrace of her family and friends if she had not felt the need to prove, if only to herself, she could make it on her own? Again, there's no way of knowing.
Still, I think it's pretty safe to say polio had a profound and lasting effect on her life choices and her personality. Like many people with a visible disability, she loathed being the center of any kind of attention (she'd probably be mortified to know that she was the subject of this article). Also, she always vehemently refused special privileges, especially if she perceived them to be out of pity. A classic example: it was only after decades of living and driving in New York City -- where parking is both a blood sport and a strategic game of chess -- that she even applied for a handicapped parking permit, and that was only because my father insisted.
She also had a lifelong fear of doctors, hospitals, the medical establishment. Even though she was probably too young to remember her earliest experiences with polio, the body remembers and holds on to these early terrifying, bewildering events. And despite her being a very dutiful and compliant patient, this underlying fear manifested in white-coat hypertension and a racing heart so severe that one doctor even had her wear a monitor for two weeks just to make sure there were no underlying heart issues.
But polio also made her strong. It sharpened her sense of what is right and wrong, acceptable or not. It crystallized her goals, and, once in her crosshairs, she went after them methodically and with a single-minded focus. It also made her able to endure hardships and disappointments large and small through sheer will. My sister and I never saw her feathers ruffled—she was always cool and composed.
Polio also had subtle effects on us, her family. The unspoken rule was: protect her. When walking along the sidewalks of the city, my father would always position himself in a way that would shield her from unintended bumps of passersby. On the rare occasions when she would take the subway, one of us would always stand behind her as she went up the stairs, one step at a time. A common admonishment from my father to us was, "Don't wear your mother out." We always tried not to -- but it's hard when you are young to rein in your childish wants.
Her limp meant she couldn't really run or chase us around the playground, but I don't think my sister or I ever noticed. As a family, we never did athletic or outdoorsy activities; we never went camping, hiking, bike riding or skiing. We did not even take long family walks through Central Park. But we did other family things, like play board games and cards, and we went to the theater or traveling, when money wasn't tight.
The final insult: post-polio syndrome
While I don't think that polio cheated my mother of having a full and happy life, packed with friends, family and fulfillment, I do think it did rob her in her final years.
After working hard for decades to lead a "normal" life, polio caused her body to betray her again when she developed post-polio syndrome, a condition experienced by an estimated 40% of polio survivors. The March of Dimes, an organization founded by Franklin Delano Roosevelt after his struggle with polio, estimates up to 250,000 people in the US may have it.
Like others who get PPS, she started experiencing muscle weakness and fatigue. Her leg would suddenly collapse and she'd go down-- in the apartment, on the street, wherever. While terrifying, we were lucky she never broke a bone or cracked her head, but there were many close calls and lots of ugly bruises. Eventually she started wearing a brace.
Researchers aren't sure what causes PPS, but the best guess is that after the initial infection, where patients can lose up to 70 percent of their motor nerve cells, the surviving muscle fibers attach to still-working motor nerves, allowing the patient to function. But eventually those motor nerves -- which have been working twice as hard over the course of decades -- get tired and wear out. People with PPS can go from being quite independent to needing a lot more assistance.
My father was right about not wanting us to wear her out. We didn't know it at the time, but her strength and mobility had an expiration date.
My mother also developed Parkinson's Disease, so in essence she had a movement disorder on top of movement issues. It made her incredibly unstable and she fell more and more frequently. Eventually she went from using a cane, to a walker, to a wheelchair.
While exercise is important for delaying the progress of Parkinson's Disease, it is pretty much a no-no for people with PPS. In fact, the motto with PPS is "conserve to preserve" -- that is, conserve your energy to preserve your function. PPS requires polio survivors to avoid chronic overuse of their muscles -- something their bodies had done by necessity every single day of their lives -- in order to stay operational.
It turns out exercise is also good for staving off dementia, as study after study has shown. Was polio, which prevented my mother from exercising in the traditional sense of the word, a contributing factor to her dementia? Was Parkinson's? Was it an unfortunate combination of the two? Again, the answer is unknowable. (The one saving grace polio bestowed on the situation is that my mother was unable to wander off on her own -- a frequent occurrence among dementia patients.)
In the last six months of her life, my mother no longer had any need for the specially made shoes that allowed her to literally and figuratively move through life. When she died, my sister and I each carefully picked out a pair to keep as a reminder. The shoes represent her strength, her accomplishments, her life. The shoes are her.
My mother died in 2019, at the age of 80. For more information on post-polio syndrome, visit Post-Polio Health International.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://www.albanyherald.com/features/health/my-mothers-walk-through-life-with-polio/article_62fb5ed6-d024-5d76-afaa-87db43eecc3d.html | 2022-08-20T09:42:59Z |
VAUGHAN, ON, May 16, 2022 /PRNewswire/ -- Bausch + Lomb Corporation (NYSE/TSX: BLCO) ("Bausch + Lomb" or the "Company"), a leading global eye health company dedicated to helping people see better to live better, has today filed its financial statements for the quarter ended March 31, 2022, in accordance with applicable Canadian securities laws. The Company intends to file its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2022 on or before June 20, 2022 (being the first business day that is 45 days from the date of effectiveness of Bausch + Lomb's Registration Statement on Form S-1, as amended, filed in connection with the Company's recent initial public offering) in compliance with the U.S. Securities and Exchange Commission rules.
As reported in the Company's quarterly financial statements, total reported revenues were $889 million for the first quarter of 2022, as compared to $881 million in the first quarter of 2021, an increase of $8 million. Foreign exchange had an unfavorable impact on revenues by $29 million in the first quarter of 2022. Revenue increased organically1 by approximately 5% compared to the first quarter of 2021.
Net income attributable to Bausch + Lomb Corporation for the first quarter of 2022 was $20 million, as compared to $27 million for the first quarter of 2021, a decrease of $7 million. Adjusted EBITDA (non-GAAP)1 was $170 million for the first quarter of 2022, as compared to $198 million for the first quarter of 2021, a decrease of $28 million, primarily due to the impact of dis-synergies not experienced in 2021 and a higher R&D spend in the first quarter of 2022 over the same period in 2021.
Cash flow from operations for the first quarter of 2022 was $3 million, as compared to $188 million for the first quarter of 2021, a decrease of $185 million. Cash flow from operations was negatively impacted in the first quarter of 2022 by (i) the timing of the settlement of certain intercompany balances between Bausch + Lomb and Bausch Health Companies Inc. ("BHC") that were collected by BHC in the first quarter of 2022 on behalf of Bausch + Lomb, (ii) the timing of payment of certain payables and accrued liabilities relative to the first quarter of 2021 and (iii) certain separation-related costs. The Company does not anticipate that these factors will have such a significant impact on cash flow from operations in future quarters.
About Bausch + Lomb
Bausch + Lomb is dedicated to protecting and enhancing the gift of sight for millions of people around the world – from the moment of birth through every phase of life. Its comprehensive portfolio of more than 400 products includes contact lenses, lens care products, eye care products, ophthalmic pharmaceuticals, over-the-counter products and ophthalmic surgical devices and instruments. Founded in 1853, Bausch + Lomb has a significant global research and development, manufacturing and commercial footprint with more than 12,000 employees and a presence in nearly 100 countries. Bausch + Lomb is headquartered in Vaughan, Ontario with corporate offices in Bridgewater, New Jersey. For more information, visit www.bausch.com and connect with us on Twitter, LinkedIn, Facebook and Instagram.
Forward-looking Statements
This news release may contain forward-looking statements, which may generally be identified by the use of the words "anticipates," "hopes," "expects," "intends," "plans," "should," "could," "would," "may," "believes," "estimates," "potential," "target," or "continue" and variations or similar expressions and include statements regarding the filing of the Company's Quarterly Report on Form 10-Q and expectations on factors which may or may not impact cash flow from operations in future quarters. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties discussed in Bausch + Lomb's filings with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators, which factors are incorporated herein by reference. They also include, but are not limited to, risks and uncertainties caused by or relating to the evolving COVID-19 pandemic, and the fear of that pandemic and its potential effects, the severity, duration and future impact of which are highly uncertain and cannot be predicted, and which may have a material adverse impact on Bausch + Lomb, including but not limited to its project development timelines, launches and costs (which may increase). Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. Bausch + Lomb undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.
Non-GAAP Information
To supplement the financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), the Company uses certain non-GAAP financial measures and non-GAAP ratios, including: (i) EBITDA, (ii) Adjusted EBITDA, (iii) organic growth/change and (iv) organic revenue. Management uses these non-GAAP measures and ratios as key metrics in the evaluation of the Company's performance and the consolidated financial results and, in part, in the determination of cash bonuses for its executive officers. The Company believes these non-GAAP measures and ratios are useful to investors in their assessment of our operating performance and the valuation of the Company. In addition, these non-GAAP measures and ratios address questions the Company routinely receives from analysts and investors, and in order to assure that all investors have access to similar data, the Company has determined that it is appropriate to make this data available to all investors.
However, these measures and ratios are not prepared in accordance with GAAP nor do they have any standardized meaning under GAAP. In addition, other companies may use similarly titled non-GAAP financial measures and ratios that are calculated differently from the way we calculate such measures and ratios. Accordingly, our non-GAAP financial measures and ratios may not be comparable to such similarly titled non-GAAP financial measures and ratios used by other companies. We caution investors not to place undue reliance on such non-GAAP measures and ratios, but instead to consider them with the most directly comparable GAAP measures and ratios. Non-GAAP financial measures and ratios have limitations as analytical tools and should not be considered in isolation. They should be considered as a supplement to, not a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP.
The reconciliations of these historic non-GAAP financial measures and ratios to the most directly comparable financial measures and ratios calculated and presented in accordance with GAAP are shown in the tables below.
Specific Non-GAAP Measures
EBITDA and Adjusted EBITDA
EBITDA (non-GAAP) is Net income attributable to Bausch + Lomb Corporation (its most directly comparable U.S. GAAP financial measure) adjusted for interest, income taxes, depreciation and amortization. Adjusted EBITDA (non-GAAP) is EBITDA (non-GAAP) further adjusted for the items described below. Management believes that Adjusted EBITDA (non-GAAP), along with the GAAP measures used by management, most appropriately reflect how the Company measures the business internally and sets operational goals and incentives. In particular, the Company believes that Adjusted EBITDA (non-GAAP) focuses management on the Company's underlying operational results and business performance. As a result, the Company uses Adjusted EBITDA (non-GAAP) both to assess the actual financial performance of the Company and to forecast future results as part of its guidance. Management believes Adjusted EBITDA (non-GAAP) is a useful measure to evaluate current performance. Adjusted EBITDA (non-GAAP) is intended to show our unleveraged, pre-tax operating results and therefore reflects our financial performance based on operational factors. In addition, cash bonuses for the Company's executive officers and other key employees are based, in part, on the achievement of certain Adjusted EBITDA (non-GAAP) targets.
EBITDA (non-GAAP) is Net income attributable to Bausch + Lomb (its most directly comparable U.S. GAAP financial measure) adjusted for interest income, income taxes, depreciation and amortization. Adjusted EBITDA (non-GAAP) is EBITDA (non-GAAP) further adjusted for the following items:
- Asset impairments: The Company has excluded the impact of impairments of finite-lived and indefinite-lived intangible assets as such amounts are inconsistent in amount and frequency and are significantly impacted by the timing and/or size of acquisitions and divestitures. The Company believes that the adjustments of these items correlate with the sustainability of the Company's operating performance. Although the Company excludes impairments of intangible assets and assets held for sale from measuring the performance of the Company and its business, the Company believes that it is important for investors to understand that intangible assets contribute to revenue generation.
- Restructuring and integration costs: The Company has incurred restructuring costs as it implemented certain strategies, which involved, among other things, improvements to its infrastructure and operations, internal reorganizations and impacts from the divestiture of assets and businesses. With regard to infrastructure and operational improvements which the Company has taken to improve efficiencies in the businesses and facilities, these tend to be costs intended to right size the business or organization that fluctuate significantly between periods in amount, size and timing, depending on the improvement project, reorganization or transaction. The Company believes that the adjustments of these items provide supplemental information with regard to the sustainability of the Company's operating performance, allow for a comparison of the financial results to historical operations and forward-looking guidance and, as a result, provide useful supplemental information to investors.
- Acquisition-related costs and adjustments excluding amortization of intangible assets: The Company has excluded the impact of acquisition-related contingent consideration non-cash adjustments due to the inherent uncertainty and volatility associated with such amounts based on changes in assumptions with respect to fair value estimates, and the amount and frequency of such adjustments are not consistent and are significantly impacted by the timing and size of the Company's acquisitions, as well as the nature of the agreed-upon consideration.
- Share-based compensation: The Company has excluded costs relating to share-based compensation. The Company believes that the exclusion of share-based compensation expense assists investors in the comparisons of operating results to peer companies. Share-based compensation expense can vary significantly based on the timing, size and nature of awards granted.
- Separation costs and separation-related costs: The Company has excluded certain costs incurred in connection with activities taken to: (i) separate the Bausch + Lomb business from the remainder of BHC and (ii) register the Bausch + Lomb business as an independent publicly traded entity. Separation costs are incremental costs directly related to effectuating the separation of the Bausch + Lomb business and include, but are not limited to, legal, audit and advisory fees, talent acquisition costs and costs associated with establishing a new board of directors and audit committee. Separation-related costs are incremental costs indirectly related to the separation of the Bausch + Lomb business and include, but are not limited to, IT infrastructure and software licensing costs, rebranding costs and costs associated with facility relocation and/or modification. As these costs arise from events outside of the ordinary course of continuing operations, the Company believes that the adjustments of these items provide supplemental information with regard to the sustainability of the Company's operating performance, allow for a comparison of the financial results to historical operations and forward-looking guidance and, as a result, provide useful supplemental information to investors.
- Other Non-GAAP adjustments: The Company has also excluded certain other amounts, including IT infrastructure investment, legal and other professional fees (in connection with legal and governmental proceedings, investigations and information requests regarding certain of our legacy distribution, marketing, pricing, disclosure and accounting practices), litigation and other matters, net gain on sale of assets and certain other amounts that are the result of other, non-comparable events to measure operating performance. These events arise outside of the ordinary course of continuing operations. Given the unique nature of the matters relating to these costs, the Company believes these items are not routine operating expenses. For example, legal settlements and judgments vary significantly, in their nature, size and frequency, and, due to this volatility, the Company believes the costs associated with legal settlements and judgments are not routine operating expenses. The Company has also excluded certain other costs, including settlement costs associated with the conversion of a portion of the Company's defined benefit plan in Ireland to a defined contribution plan. The Company excluded these costs as this event is outside of the ordinary course of continuing operations and is infrequent in nature. The Company believes that the exclusion of such out-of-the-ordinary-course amounts provides supplemental information to assist in the comparison of the financial results of the Company from period to period and, therefore, provides useful supplemental information to investors. However, investors should understand that many of these costs could recur and that companies in our industry often face litigation.
Organic Growth/Change and Organic Revenue
Organic growth/change, a non-GAAP ratio, is defined as a change on a period-over-period basis in revenues on a constant currency basis (if applicable) excluding the impact of recent acquisitions, divestitures and discontinuations (if applicable). Organic growth/change is a change in GAAP Revenue (its most directly comparable GAAP financial measure) adjusted for certain items, as further described below, of businesses that have been owned for one or more years. Similarly, organic revenue, a non-GAAP measure, is GAAP revenue (its most directly comparable GAAP financial measure) adjusted for these same items. Organic revenue growth/change is impacted by changes in product volumes and price. The price component is made up of two key drivers: (i) changes in product gross selling price and (ii) changes in sales deductions. The Company uses organic growth/change and organic revenue to assess the performance of its reportable segments, and the Company in total, without the impact of foreign currency exchange fluctuations and recent acquisitions, divestitures and product discontinuations. The Company believes that such measures are useful to investors as they provide a supplemental period-to-period comparison.
Organic growth/change and organic revenue reflect adjustments for: (i) the impact of period-over-period changes in foreign currency exchange rates on revenues and (ii) the revenues associated with acquisitions, divestitures and discontinuations of businesses divested and/or discontinued. These adjustments are determined as follows:
- Foreign currency exchange rates: Although changes in foreign currency exchange rates are part of our business, they are not within management's control. Changes in foreign currency exchange rates, however, can mask positive or negative trends in the business. The impact of changes in foreign currency exchange rates is determined as the difference in the current period reported revenues at their current period currency exchange rates and the current period reported revenues revalued using the monthly average currency exchange rates during the comparable prior period.
- Acquisitions, divestitures and discontinuations: In order to present period-over-period organic revenue (non-GAAP) growth/change on a comparable basis, revenues associated with acquisitions, divestitures and discontinuations are adjusted to include only revenues from those businesses and assets owned during both periods. Accordingly, organic revenue and organic growth/change exclude from the current period, revenues attributable to each acquisition for twelve months subsequent to the day of acquisition, as there are no revenues from those businesses and assets included in the comparable prior period. Organic revenue and organic growth/change exclude from the prior period, all revenues attributable to each divestiture and discontinuance during the twelve months prior to the day of divestiture or discontinuance, as there are no revenues from those businesses and assets included in the comparable current period.
© 2022 Bausch & Lomb Incorporated or its affiliates.
FINANCIAL TABLES FOLLOW
Non-GAAP Information
Adjusted EBITDA (non-GAAP)
The unaudited reconciliation of U.S. GAAP Net income attributable to Bausch + Lomb to EBITDA (non-GAAP) and Adjusted EBITDA (non-GAAP) is presented below:
Organic Revenues (non-GAAP)
The following table presents a reconciliation of GAAP revenues to organic revenues (non-GAAP) and the period-over-period changes in organic revenue (Non-GAAP) for the three months ended March 31, 2022 and 2021.
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SOURCE Bausch + Lomb Corporation | https://www.kxii.com/prnewswire/2022/05/16/bausch-lomb-corporation-files-financial-statements-first-quarter-2022/ | 2022-05-17T00:56:28Z |
Teen student charged with sexual assault, attempted murder in alleged attack on his teacher
LAS VEGAS (KVVU/Gray News) - A judge on Tuesday set a competency hearing for a student accused of sexual assault and attempted murder of a Las Vegas teacher.
The teen has been identified as 16-year-old Jonathan Eluterio Martinez Garcia, KVVU reported.
According to Clark County District Attorney Steve Wolfson, Martinez Garcia faces 15 felony charges in connection with the incident. He was initially facing six felony charges. However, Wolfson confirmed Monday that an additional nine felony charges were added.
His charges range from kidnapping, sexual assault, robbery, attempted murder with the use of a deadly weapon or tear gas, battery by strangulation to commit sexual assault and more. He is being charged as an adult.
In court Tuesday, his lawyer requested that he be evaluated for competency, so a judge suspended a preliminary hearing until that evaluation. The competency hearing was set for May 6 at 8:30 a.m.
Bail for Martinez Garcia remains at $500,000, under the condition of high-electronic monitoring and no contact with the victim.
According to Las Vegas police, the incident occurred Thursday at Eldorado High School.
An investigation by the department’s Sexual Assault Section indicated that the teacher was in her classroom when a student entered to talk about his grades. At some point, police say, the teen suspect became violent and began punching the teacher. Police said he strangled her until she lost consciousness.
After that, authorities said the suspect fled the classroom after the attack, and the victim was later found by another school employee. Police were able to identify the suspect, and Clark County School District police officers took him into custody.
According to police, the teacher, who has not been identified, is still recovering.
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/13/teen-student-charged-with-sexual-assault-attempted-murder-alleged-attack-his-teacher/ | 2022-04-13T12:25:04Z |
NEW YORK, July 7, 2022 /PRNewswire/ -- Digital Prism Advisors (dPrism), a New York-based digital strategic consultancy, announced a restructuring and expansion aimed at meeting increasing demand for digital growth opportunities. The move includes the promotion of three senior executives and the addition of two new senior strategists.
Len Gilbert, a longtime dPrism executive, has been named President and Chief Revenue Officer, where he will oversee business development, culture, human resources, purchasing and legal matters. Assuming Gilbert's previous role as Chief Operating Officer will be Jennifer Cardella, who has served as Chief Product and Delivery Officer since joining dPrism in January 2021. Cardella will be responsible for ensuring optimal operating results and overseeing partnerships, including the performance and successful delivery across all client engagements. In addition, she will be responsible for ongoing client growth, profitability, operational controls and capacity management.
Additionally, Jonathan Murray is adding the roles of President and Head of Strategy to his duties as Chief Technology Officer. Murray will leverage his unique blend of experience in business strategy, sales, marketing, operations and policy to lead dPrism's platform transformation and strategic innovation engagements.
dPrism also welcomes two new members of its team as senior technology strategists. Derick Schaefer, who will be responsible for strategic client engagement, has 27 years of industry experience, most recently working as Chief Technology Officer at Trintech Inc. Additionally, Bill O'Neill, who will assist client technology leaders with critical strategic and tactical projects, has more than three decades of enterprise technology experience, most recently as the CIO of Marmon Holdings' Rail and Leasing Sector.
"These additions will greatly enhance our ability to bring our best-in-class services to more industry-leading organizations looking to find and act on digital growth opportunities," said Adriaan Bouten, dPrism's founder and Chief Executive Officer. "We're looking forward to the contributions that Derick and Bill's technology experience and customer-centric passion will bring to our work."
Digital Prism Advisors helps clients reinvent their business by discovering new digital market opportunities. Led by a team of experienced former senior executives in technology, publishing, marketing and corporate strategy, dPrism assists companies in planning and carrying out modern technology strategies to accelerate growth.
Visit www.dPrism.com to learn more.
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SOURCE dPrism | https://www.kxii.com/prnewswire/2022/07/07/dprism-announces-expansion-changes-top/ | 2022-07-07T15:23:35Z |
Application NFTs to be introduced soon as new use case
PETALING JAYA, Malaysia, April 24, 2022 /PRNewswire/ -- Zetrix, the newly-introduced Layer 1 blockchain that connects across chains and across borders, including to China, is now powering the minting of non-fungible tokens ("NFTs") on global marketplace NFT Pangolin.
Having launched its mainnet recently on April 15, Zetrix provides the backbone infrastructure that integrates seamlessly with the International Supernodes of China's Xinghuo Blockchain Infrastructure ("Xinghuo BIF"), its largest national-level blockchain network, led by the China Academy of Information and Communications Technology ("CAICT"), under the Ministry of Industry and Information Technology ("MIIT") of China. Xinghuo BIF is supported by all levels of the Chinese government and runs both governmental and commercial applications. It has been successfully deployed in various major cities in China, including Beijing, Shanghai, Nanjing and Guangzhou, with investments surpassing billions of Renminbi-Yuan.
The commencement of the minting of Zetrix-based NFTs on NFT Pangolin brings a host of significant and distinct advantages for all market participants. For one, minting NFTs with Zetrix entails a lower carbon footprint due to the blockchain's Proof of Stake (POS) PBFT+DPOS consensus mechanism, which minimizes the computing power required to validate blocks onto the chain. This is in stark contrast to the minting of NFTs with Ethereum, which is highly energy-intensive. It is estimated that minting an NFT on Zetrix would consume 100,000 times less energy than minting the same on Ethereum. Furthermore, not only will the payment of gas fees be comparatively much lower when minting NFTs with Zetrix, market participants will also enjoy the benefit of compatibility with Xinghuo BIF.
The topic of NFTs has surged in popularity in recent years, following various celebrities' involvement in the NFT community. The NFT community originally evolved around Ethereum, utilizing its smart contracts to make any digital artifact a unique copy, while allowing content creators to benefit from their art as every transaction will be able to generate a portion of income for the original content creator. While Zetrix fully supports digital creators' NFTs and is committed to fostering the continued growth of this market segment, moving forward, it will also be focusing on enabling the introduction of Application NFTs as a new use case for NFTs. Digital creators' NFTs are valued based on the unique content owned whereas Application NFTs will be valued based on their utility in a specific process. Zetrix's inherent advantages, namely its low energy consumption, low gas fees and high processing speeds, will make Application NFTs viable. NFT Pangolin will be introducing these in the near future as it aims to make NFTs a part of everyday life.
For more information on Zetrix, please visit https://zetrix.com/
To participate in the minting of Zetrix-based NFTs, please visit NFT Pangolin at https://nftpangolin.com/.
About NFT Pangolin
NFT Pangolin is a global marketplace for regional creators in Asia to issue and sell their unique crypto secured assets to global collectors.
NFT Pangolin aspires to be the leading regional marketplace driving creative, innovative collaborations and boundary pushing campaigns in the NFT space globally for issuers and collectors alike, while making a difference for those in need by funding social causes and charitable campaigns to pay it forward.
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SOURCE MY E.G. Services Berhad | https://www.mysuncoast.com/prnewswire/2022/04/25/minting-zetrix-based-nfts-now-enabled-nft-pangolin/ | 2022-04-25T04:08:54Z |
Will Host Global Community, Spotlight Technology and Adoption Advancements and Foster New Development at September Event in Dublin, Ireland
SAN FRANCISCO, May 19, 2022 /PRNewswire/ -- Hyperledger Foundation, the open, global ecosystem for enterprise blockchain technologies, today announced development milestones for three of its projects, including the release of a long term support (LTS) preview version of Hyperledger Iroha 2. Additionally, Hyperledger Foundation, which is hosted at the Linux Foundation, released details for this year's Hyperledger Global Forum (HGF), the largest annual gathering of the global Hyperledger community.
Hyperledger Foundation currently hosts 14 active projects, including six graduated and eight incubating ones. They include five distributed ledgers, which are all graduated projects, as well as five tools and three libraries. Hyperledger Iroha, a graduated distributed ledger, is marching towards a full V2 release. The community has been introducing a steady stream of releases for the new version and, now, is releasing a LTS preview version to ramp up adoption. Hyperledger Cactus, and Hyperledger FireFly, both incubating tools, each recently launched their V1.0 releases as well.
The fast growing and maturing Hyperledger project landscape will be a main focus of Hyperledger Global Forum 2022, which will take place September 12-13 in Dublin, Ireland, at Convention Centre Dublin. HGF will have dual technology and business tracks and workshops where more than 100 speakers will be sharing the latest on developments from Hyperledger projects, labs, working groups and special interest groups and deployments as well as academic research, emerging business and use cases ranging from Central Bank Digital Currencies (CBDCs) to the climate, supply chains to security, and digital identities to NFTs. David Treat, Senior Managing Director, Global Metaverse Continuum Business Group & Blockchain Lead at Accenture, will also take the stage of HGF to share his vision for the community and technology as the new chair of the Hyperledger Foundation Governing Board.
"Each year, Hyperledger Global Forum is the single best opportunity to take stock of the evolution of the open-source enterprise blockchain market," said newly elected Hyperledger Foundation Governing Board Chair David Treat, senior managing director, Global Metaverse Continuum Business Group & Blockchain Lead at Accenture. "The conversations and content this year will reflect the exponential pace of innovation and adoption occurring throughout the Hyperledger ecosystem. We have an amazing opportunity to scale Hyperledger's impact as our community's capabilities are the foundation of the emerging 'Internet of Ownership' Metaverse innovation wave."
Hyperledger Cactus 1.0 - Hyperledger Cactus is a blockchain integration tool designed to allow users to securely integrate different blockchains. With this 1.0 release, Cactus delivers "Ledger Connectors" for nine blockchain platforms (including all of the graduated DLTs from Hyperledger) using multiple programming languages.Cactus is a pluggable enterprise-grade framework for transacting multiple blockchains that aims to provide a decentralized, adaptable and secure integration between blockchains and various platforms. It code is composed of three types of parts:
- "Cactus Servers" that provide abstracted APIs that can be uniformly called independent of each blockchain SDK's format, and APIs that can use each blockchain SDK wrapped with the typescript-axios API format using Cactus API Server.
- "Business Logic Plugins" that coordinate cross-blockchain business logic applications.
- "Ledger Connectors" that facilitate connections to various blockchains
The Hyperledger Cactus 1.0 release also includes Business Logic Plugin samples, Keychain Plugins (a set of plugins for storing sensitive information in storage engines outside of Cactus) and Support Libraries.
Hyperledger FireFly 1.0 - Hyperledger FireFly 1.0, a SuperNode for Enterprise Web3 Applications, combines a number of technical and market milestones. At its core, it offers a composable Web3 stack to help speed up decentralized application (dApp) development by a factor of 10x-100x, making it the first open-source SuperNode for enterprises to build and scale secure Web3 applications.
The Hyperledger FireFly SuperNode provides a new type of decentralized orchestration layer between companies' existing systems and Web3. It enables the shift of value in open network systems and reduces the reliance on proprietary technology or custom-built code. It solves for the layers of complexity that sit between the low level blockchain and high level business processes and user interfaces, letting developers focus on building business logic instead of infrastructure.
Hyperledger Iroha 2.0 LTS preview release - Hyperledger Iroha 2 is designed as a modular system with the flexibility to be deployed across a range of uses, from the simple to the complex. For example, it can be used as a toll-free intermediate ledger in a Hyperledger Cactus consortium or as a standalone ledger with transaction fees. It can just as easily connect to parity Substrate networks and provide Byzantine fault-tolerant governance.
The second iteration of Hyperledger Iroha is close to being production-ready, but far from feature complete. The current preview release will serve as an LTS version, supported for the following six months, to allow developers to start using Iroha 2 to design in their products and get a preview of some of the innovative functions that are coming soon.
"This wave of milestones is a reflection of the high level of development momentum across the Hyperledger community as well as the increasing level of maturity of the enterprise blockchain market," said Daniela Barbosa, Executive Director, Hyperledger Foundation, and General Manager Blockchain, Healthcare and Identity at the Linux Foundation. "The core value of enterprise blockchain has been well proven across industries, and our global and growing community is now building a rich ecosystem that will drive the next wave of interconnected, interoperable solutions. These developments are just a preview of the energy and ideas that will be the centerpiece of Hyperledger Global Forum."
Hyperledger Global Forum is the biggest annual gathering of the global Hyperledger community. It is a unique opportunity for contributors, members, service providers and enterprise end users from around the world to meet, align, plan and hack together in person. The event is open to any and all who are involved or interested in using, developing or learning more about Hyperledger's open source enterprise blockchain technologies. Attendees will hear directly from those who are actively developing and deploying Hyperledger technologies as well as technology and business leaders who are shaping the future of enterprise blockchain. They will also have the chance to talk directly with Hyperledger project maintainers and the Technical Steering Committee, collaborate with other organizations on ideas that will directly impact the future of Hyperledger Foundation, and promote their work among the communities.
Hyperledger Foundation was founded in 2015 to bring transparency and efficiency to the enterprise market by fostering a thriving ecosystem around open source blockchain software technologies. As a project of the Linux Foundation, Hyperledger Foundation coordinates a community of member and non member organizations, individual contributors and software developers building enterprise-grade platforms, libraries, tools and solutions for multi-party systems using blockchain, distributed ledger, and related technologies. Organizations join Hyperledger Foundation to demonstrate technical leadership, collaborate and network with others, and raise awareness around their efforts in the enterprise blockchain community. Members include industry-leading organizations in finance, banking, healthcare, supply chains, manufacturing, technology and beyond. All Hyperledger code is built publicly and available under the Apache license. To learn more, visit: https://www.hyperledger.org/.
Founded in 2000, the Linux Foundation and its projects are supported by more than 1,800 members and is the world's leading home for collaboration on open source software, open standards, open data, and open hardware. Linux Foundation's projects, including Linux, Kubernetes, Node.js, Hyperledger Foundation, RISC-V, and more, are critical to the world's infrastructure. The Linux Foundation's methodology focuses on leveraging best practices and addressing the needs of contributors, users and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.org.
Contact:
Emily Fisher
Linux Foundation/Hyperledger
PR@Hyperledger.org
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SOURCE Hyperledger Foundation | https://www.kxii.com/prnewswire/2022/05/19/hyperledger-foundation-announces-development-milestones-three-projects-plans-hyperledger-global-forum/ | 2022-05-19T12:37:38Z |
Newly released video evidence from the investigation into a deadly shooting last year on the set of the film "Rust" shows investigators' first interview with actor Alec Baldwin shortly after the incident.
Baldwin was handling a gun while rehearsing a scene at the Bonanza Creek Ranch in New Mexico in October when a shot fired, killing cinematographer Halyna Hutchins and injuring director Joel Souza.
In the first moments of his interview, Baldwin asks a deputy if he is being charged with anything, to which the deputy responds he is not, the video shows. The deputy explains it is just an interview before reading Baldwin his read his Miranda rights prior to questioning.
Footage of the interview, conducted in a small interview room, shows Baldwin describing the process of handling weapons and the usual steps taken on set.
"Do you think someone would do this deliberately?" the interviewer asks.
"I can't imagine who would," Baldwin quickly responded.
The video is one of several files released Monday by the Santa Fe County Sheriff's Office, including photos, recordings and reports related to its investigation, which is ongoing, officials said.
"Various components of the investigation remain outstanding including, FBI firearm and ballistic forensics along with DNA and latent fingerprint analysis, Office of the New Mexico Medical Examiner findings report and the analysis of Mr. Alec Baldwin's phone data extracted by Suffolk County (New York) Sheriff's investigators," Santa Fe County Sheriff Adan Mendoza said in a news release.
During his interview, Baldwin told officers he did not know the last name of the film's armorer -- Hannah Gutierrez Reed -- and that she handed the gun directly to him.
When asked if he physically checked the gun himself, Baldwin replied in generalities about the process where the armorer checks the gun. He also described how Gutierrez Reed and her team helped outfit Baldwin with a holster, knife and gun.
Speaking quickly, Baldwin explained the process of firing a gun with a blank which requires the actor to react to the shot as if the gun "kicked back," as it would when firing a live round. Baldwin goes through the motions of the scene, reaching across his body and using his thumb and forefinger to simulate the gun being drawn across his body.
"Bang! It went off -- the first time," Baldwin said of the weapon used in the rehearsal. "It was the first time we were shooting that shot, we were rehearsing for that shot."
Baldwin's attorney said the actor welcomes the investigation and said some of the information released Monday corroborates his description of events.
"The information that has been revealed by the authorities demonstrates, once again, that Mr. Baldwin acted responsibly and did not have control over any production issues that were identified in the OSHA report," Baldwin's attorney, Luke Nikas, said in a statement.
"Additionally, the interviews and affidavits disclosed today continue to corroborate Mr. Baldwin's description of the events -- including an affidavit from the Detective stating that the cameraman, who was standing next to Ms. Hutchins and Mr. Souza at the time of the accident, confirmed that Mr. Baldwin was 'very careful' with guns on the set," the statement continued.
Last week, Rust Movie Productions, LLC was fined nearly $137,000 and cited for having a culture of "plain indifference to employee safety" on set, according to a report from New Mexico Environment Department's Occupational Health & Safety Bureau.
Gutierrez Reed's attorneys told CNN last week she "was not provided adequate time or resources to conduct her job effectively, despite her voiced concerns."
When reached for comment Monday, her attorney said they are reviewing the released material and not commenting at this time. Rust Productions LLC declined comment. CNN reached out to the supplier of the props used on set but has not heard back.
The family attorney for Matthew Hutchins, the widower of Halyna Hutchins, said in a statement they would not comment on the evidence release.
"We were surprised by the decision of the Santa Fe County Sheriff's Office to release such a large amount of evidence today given that the investigation is still ongoing and active," said attorney Brian Panish. "For this reason, we are not going to comment on the material released except to say we hope the press will exercise discretion in how they use the graphic images and videos of the fatal events of Oct 21, 2021."
The Santa Fe County District Attorney's Office will wait until the full investigation into the fatal shooting is complete before making a charging decision in the case, according to a statement obtained by CNN.
"The investigation is not complete," a statement from DA Mary Carmack-Altwies read, adding that the sheriff's office is still "awaiting essential reports and will not be completing their investigation until those reports have been submitted."
"Once we receive the completed investigation and conduct a thorough and deliberate review of all evidence, a criminal charging decision will be made," Carmack-Altwies' statement read.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment/video-of-alec-baldwins-initial-interview-after-deadly-shooting-on-rust-set-released-by-investigators/article_31da7fe5-bc3f-5dc8-8e6b-03030328264f.html | 2022-04-26T05:12:52Z |
SEOUL, South Korea, June 3, 2022 /PRNewswire/ -- J INTS BIO, a company specializing in the development of novel anticancer and orphan drugs, announced on the 3rd of June that it had completed the Phase 1/2 IND submission of 'JIN-A02', a novel 4th Generation EGFR-TKI for NSCLC treatment, to US FDA.
'JIN-A02' is a novel orally administered 4th generation EGFR TKI that targets NSCLC cancers harboring C797S mutation. C797S is a mutation that occur after the use of 3rd generation EGFR TKIs such as Osimertinib and Lazertinib, resulting in tumor resistance and disease relapse.
According to J INTS BIO, 'JIN-A02' not only showed robust inhibitory activities against NSCLC cancers with triple mutations (Ex19Del or L858R/T790M/C797S) involving EGFR C797S mutations, but also on double mutations (Ex19Del/C797S or L858R/C797S) with C797S, Ex19Del/T790M and L858R/T790M mutations in in vitro studies. In addition, 'JIN-A02' also effectively reduced tumor volume in a dose-dependent manner, compared to Osimertinib, in mouse model harboring EGFR Ex19Del/T790M/C797S triple mutation cancers and exhibited high brain penetrance with efficacy against intracranial tumor.
A company official added that 'JIN-A02' demonstrated a favorable safety profile with a low propensity for cardiotoxicity and did not show significant toxic effects such as weight loss and cytotoxicity in animal models at therapeutic dose levels. It is therefore expected to become a highly valued new drug in the armamentarium for the treatment of NSCLC.
Meanwhile, J INTS BIO announced that it plans to conduct a global clinical study with sequential IND submissions in Korea, China, Hong Kong, Singapore, Taiwan, and Australia, following the US FDA IND submission.
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SOURCE J INTS BIO | https://www.kxii.com/prnewswire/2022/06/03/j-ints-bio-4th-generation-egfr-tki-jin-a02-us-fda-phase-12-ind-submission-completed/ | 2022-06-03T08:40:53Z |
LONDON, ON, Aug. 25, 2022 /PRNewswire/ - Voices, the #1 voice marketplace, has released a new study that is sure to surprise many animation lovers: Yogi Bear is the most recognizable voice in animation.
To determine the most iconic character voices in animation and video games, Voices surveyed 1,115 U.S. adults. We sourced our original lists of characters from 40 of the most iconic voices in animation. Then, we quizzed our survey respondents by having them first listen to audio clips of the characters speaking, then attempt to guess the characters. Finally, we dropped the bottom five from both lists, leaving us with our final lists of the top 15 most iconic character voices in animation and video games.
Despite his long-lived popularity, the voice of Mickey Mouse placed only fifth on the list of the most recognizable character voices from animated TV and movies. Yogi Bear from 'The Yogi Bear Show' topped the list with the most recognizable voice.
Bugs Bunny came in second (recognized by 54% of those surveyed), Homer Simpson finished 3rd (53% recognized) and Shaggy Rogers from 'Scooby-Doo, Where Are You!' landed in fourth (50%).
The rest of the top 10 looks like this:
5. Mickey Mouse (50%), 6. Donald Duck (49%), 7. Donkey 'Shrek' (49%), 8. Winnie-the-Pooh (48%), 9. Charlie Brown (47%), 10. Marge Simpson (46%)
"The animation industry is debately stronger than it's ever been with experts predicting the global animation market will reach $640 billion by 2030. And while we've been introduced to so many new and incredible animated heroes like Nemo, Elsa, Woody, Shrek and Gru, it's fascinating to see these classic animated voices still have staying power, " says David Ciccarelli, CEO and Founder of Voices.
Other highlights from the survey include:
- Ellie from "The Last of Us" is the most recognizable voice in video games, followed closely by Mario.
- More than 55% of millennials couldn't recognize Charlie Brown's voice.
- Fans are most excited for the far-off video game "The Elder Scrolls VI".
To read the full report, click here.
Voices is the world's #1 voice marketplace, with over 2 million registered users. Since 2005, the biggest and most beloved brands have entrusted Voices to help them find professionals to bring their projects to life. Headquartered in London, Canada, Voices helps match clients with voice over, music, audio production, and translation professionals in over 160 countries and 100+ languages and dialects.
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SOURCE Voices.com | https://www.kxii.com/prnewswire/2022/08/25/yogi-bear-not-mickey-most-recognizable-voice-animation-voices-survey-finds/ | 2022-08-25T17:34:20Z |
BrainStorm continues to gain insights and perspectives from leading ALS experts as it seeks the optimal path forward to provide broad patient access to NurOwn®
Strengthened executive team in preparation for anticipated growth and corporate development, with the appointment of Netta Blondheim-Shraga, PhD, as VP of Research & Development and Antal Pearl-Lendner, Avd, as Chief Legal Counsel
Conference call and webcast at 8:00 a.m. Eastern Time today
NEW YORK, May 16, 2022 /PRNewswire/ -- BrainStorm Cell Therapeutics Inc. (NASDAQ: BCLI), a leading developer of adult stem cell therapeutics for neurodegenerative diseases, today announced the financial results for the first quarter ended March 31, 2022 and provided a corporate update.
"We remain firmly committed to addressing the urgent needs of ALS patients by working expeditiously towards our goal of enabling broad access to NurOwn®," said Chaim Lebovits, Chief Executive Officer. "Our efforts here are bolstered by peer-reviewed Phase 3 data that provide evidence of NurOwn's greater treatment effects for ALS patients with less advanced disease, and by our ongoing interactions with the broader physician and patient community. These have allowed us to gain valuable perspective from the world's most prominent thought leaders as we seek NurOwn's optimal path forward. Looking ahead, we will continue to leverage expert feedback as we work with the regulatory authorities to enable NurOwn's advancement. We believe our strong clinical and biomarker data and highly talented leadership team has us poised for sustained success."
First Quarter 2022 and Recent Highlights
- Biomarker analyses from NurOwn's Phase 3 trial in ALS were presented by James Berry, MD, MPH, Winthrop Family Scholar in ALS Sciences, Director of the Massachusetts General Hospital Multidisciplinary ALS Clinic and Chief of the Division of ALS and Motor Neuron Diseases, in an abstract at the American Academy of Neurology 2022 Virtual Congress. These results demonstrated significant changes across multiple cerebrospinal fluid biomarkers following NurOwn treatment, with the strongest effects observed in biomarkers related to neuroprotection and neuroinflammation.
- Presented a prospective genetic analyses from NurOwn's Phase 3 ALS trial suggesting that NurOwn treatment may influence disease progression in patients carrying the ALS UNC13A risk allele. The presentation was featured in a late-breaking oral session at the 2022 Muscular Dystrophy and Association (Clinical & Scientific Conference) and delivered by Merit E. Cudkowicz, MD, MSc, Chief of Neurology at Massachusetts General Hospital, Julieanne Dorn Professor of Neurology at Harvard Medical School, and Director of the Sean M. Healey & AMG Center for ALS at Massachusetts General Hospital.
- Presented preclinical data demonstrating greater macrophage immunomodulation of NurOwn-derived exosomes (Exo MSC-NTF) compared to naïve mesenchymal stem cell-derived exosomes (Exo MSC) against acute lung injury at the International Society of Cell & Gene Therapy (ISCT) 2022 Meeting. The presentation was delivered by Dr. Kim Thacker, Senior Vice President, Medical Affairs and Clinical Innovation, BrainStorm Cell Therapeutics.
- Announced upcoming presentations at the ALS Drug Development Summit (May 25, 2022) and the ISEV 2022 Annual Meeting (May 26, 2022). The ALS Drug Development Summit presentation by Ralph Kern MD MHSc, President and Chief Medical Officer Brainstorm Cell Therapeutics, will focus on the use of cerebrospinal fluid biomarkers to interrogate multiple neuroinflammatory, neurodegenerative and neuroprotection pathways in NurOwn's Phase 3 ALS trial and how this information may be leveraged to confirm ALS target engagement and improve therapeutic outcomes. The ISEV presentation features the results of a preclinical study examining the advantages of Exo MSC-NTF over Exo MSC in models of acute lung injury and will be presented by Haggai Kaspi PhD, Brainstorm R&D.
- Strengthened the Company's executive team in preparation for anticipated growth and corporate development, with the appointments of Netta Blondheim-Shraga, PhD, as VP of Research & Development and Antal Pearl-Lendner, Adv, as Chief Legal Counsel.
- Granted a new Brazilian patent covering methods of manufacturing NurOwn titled - A method of generating cells which secrete Brain Derived Neurotrophic Factor (BDNF), Glial Derived Neurotrophic Factor (GDNF), Hepatocyte Growth Factor (HGF) And Vascular Endothelial Growth Factor (VEGF), wherein said cells do not Secrete Nerve Growth Factor (NGF).
- Presented a corporate and Phase 3 ALS clinical overview at the 12th Annual California ALS Research Summit on January 27, 2022 by Ralph Kern MD MHSc, President and Chief Medical Officer Brainstorm Cell Therapeutics.
Financial Results for the First Quarter Ended March 31, 2022
Cash, cash equivalents, and short-term bank deposits were approximately $18.4 million as of March 31, 2022, compared to $22.1 million as of December 31, 2021.
Research and development expenses for the three months ended March 31, 2022, and 2021 were approximately $2.6 million and $4.3 million, respectively.
General and administrative expenses for the three months ended March 31, 2022, and 2021 were approximately $2.9 million and $2.6 million, respectively.
Net loss for the three months ended March 31, 2022, was approximately $5.4 million, as compared to a net loss of approximately $6.7 million for the three months ended March 31, 2021.
Net loss per share for the three months ended March 31, 2022, and 2021 was $0.15 and $0.19 respectively.
Conference Call and Webcast
May 16, 2022, at 8:00 a.m. Eastern Time
Those that wish to listen to the replay of the conference call can do so by dialing the numbers below. The replay will be available for 14 days.
The NurOwn® technology platform (autologous MSC-NTF cells) represents a promising investigational therapeutic approach to targeting disease pathways important in neurodegenerative disorders. MSC-NTF cells are produced from autologous, bone marrow-derived mesenchymal stem cells (MSCs) that have been expanded and differentiated ex vivo. MSCs are converted into MSC-NTF cells by growing them under patented conditions that induce the cells to secrete high levels of neurotrophic factors (NTFs). Autologous MSC-NTF cells are designed to effectively deliver multiple NTFs and immunomodulatory cytokines directly to the site of damage to elicit a desired biological effect and ultimately slow or stabilize disease progression.
About BrainStorm Cell Therapeutics Inc.
BrainStorm Cell Therapeutics Inc. is a leading developer of innovative autologous adult stem cell therapeutics for debilitating neurodegenerative diseases. The Company holds the rights to clinical development and commercialization of the NurOwn® technology platform used to produce autologous MSC-NTF cells through an exclusive, worldwide licensing agreement. Autologous MSC-NTF cells have received Orphan Drug designation status from the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) for the treatment of amyotrophic lateral sclerosis (ALS). BrainStorm has completed a Phase 3 pivotal trial in ALS (NCT03280056); this trial investigated the safety and efficacy of repeat-administration of autologous MSC-NTF cells and was supported by a grant from the California Institute for Regenerative Medicine (CIRM CLIN2-0989). BrainStorm completed under an investigational new drug application a Phase 2 open-label multicenter trial (NCT03799718) of autologous MSC-NTF cells in progressive multiple sclerosis (MS) and was supported by a grant from the National MS Society (NMSS).
Safe-Harbor Statement
Statements in this announcement other than historical data and information, including statements regarding future clinical trial enrollment and data, constitute "forward-looking statements" and involve risks and uncertainties that could cause BrainStorm Cell Therapeutics Inc.'s actual results to differ materially from those stated or implied by such forward-looking statements. Terms and phrases such as "may," "should," "would," "could," "will," "expect," "likely," "believe," "plan," "estimate," "predict," "potential," and similar terms and phrases are intended to identify these forward-looking statements. The potential risks and uncertainties include, without limitation, BrainStorm's need to raise additional capital, BrainStorm's ability to continue as a going concern, prospects for future regulatory approval of BrainStorm's NurOwn® treatment candidate, the success of BrainStorm's product development programs and research, regulatory and personnel issues, development of a global market for our products and services, the ability to secure and maintain research institutions to conduct our clinical trials, the ability to generate significant revenue, the ability of BrainStorm's NurOwn® treatment candidate to achieve broad acceptance as a treatment option for ALS or other neurodegenerative diseases, BrainStorm's ability to manufacture and commercialize the NurOwn® treatment candidate, obtaining patents that provide meaningful protection, competition and market developments, BrainStorm's ability to protect our intellectual property from infringement by third parties, heath reform legislation, demand for our services, currency exchange rates and product liability claims and litigation; the impacts of the COVID-19 pandemic on our clinical trials, supply chain, and operations; and other factors detailed in BrainStorm's annual report on Form 10-K and quarterly reports on Form 10-Q available at http://www.sec.gov. These factors should be considered carefully, and readers should not place undue reliance on BrainStorm's forward-looking statements. The forward-looking statements contained in this press release are based on the beliefs, expectations, and opinions of management as of the date of this press release. We do not assume any obligation to update forward-looking statements to reflect actual results or assumptions if circumstances or management's beliefs, expectations or opinions should change, unless otherwise required by law. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance, or achievements.
CONTACTS
Investor Relations:
John Mullaly
LifeSci Advisors, LLC
Phone: +1 617-429-3548
jmullaly@lifesciadvisors.com
Media:
Uri Yablonka
uri@brainstorm-cell.com
Logo - https://mma.prnewswire.com/media/1166536/BrainStorm_Logo.jpg
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SOURCE BrainStorm Cell Therapeutics Inc | https://www.wibw.com/prnewswire/2022/05/16/brainstorm-cell-therapeutics-announces-first-quarter-2022-financial-results-provides-corporate-update/ | 2022-05-16T11:37:59Z |
Veteran Ad Sales Executive to Represent Allen Media Group's Syndicated Broadcast Programming
LOS ANGELES, May 19, 2022 /PRNewswire/ -- Byron Allen's Allen Media Group (AMG) proudly announces the hiring of Roseann Cacciola to the position of Executive Vice President of Ad Sales for AMG Global Syndication. Cacciola will focus on advertising sales, brand sponsorships, and revenue partnerships for all of AMG's Entertainment Studios television series programming and content. AMG's Entertainment Studios programming portfolio comprises over 68 television shows, including the long-running comedy game show FUNNY YOU SHOULD ASK, the comedy shows COMICS UNLEASHED WITH BYRON ALLEN and THE WORLD'S FUNNIEST WEATHER, court shows AMERICA'S COURT WITH JUDGE ROSS, JUSTICE WITH JUDGE MABLEAN, JUSTICE FOR ALL WITH JUDGE CRISTINA PEREZ, SUPREME JUSTICE WITH JUDGE KAREN, THE VERDICT WITH JUDGE HATCHETT, the new court show WE THE PEOPLE WITH LAUREN LAKE, the celebrity entertainment show ENTERTAINERS WITH BYRON ALLEN, and the extreme weather shows STORM OF SUSPICION, WEATHER GONE VIRAL, TOP TEN, and SOS: HOW TO SURVIVE. Cacciola is based at the AMG offices in New York City.
A 34-year veteran of syndicated television programming and ad sales, Cacciola comes to AMG from her recent position as Senior Vice President & General Sales Manager of Advertising Sales for WarnerMedia/Warner Bros. Domestic Television, where she oversaw advertising sales for all syndicated television properties. Cacciola held several executive positions since beginning her career in 1986 at Lorimar Telepictures under syndication founder Dick Robertson, and stayed on after Lorimar's purchase by Warner Bros. and then throughout all subsequent Warner Bros.-releated mergers -- from WB/TimeWarner/AOL and ATT (WarnerMedia).
"Veteran ad sales executive Roseann Cacciola is a highly-valuable and phenomenal addition to our Allen Media Group family," said Byron Allen, Founder, Chairman, and CEO of Allen Media Group. "Roseann's 34-year tenure at WarnerMedia's Warner Bros. Domestic Television unit makes her the ideal executive team leader as we continue our commitment to production and distribution of syndicated content for broadcast television stations."
"I'm excited to continue my passion for broadcast television syndication and its incredible value to advertisers," said Roseann Cacciola, EVP of Ad Sales for AMG Global Syndication. "I'm thrilled to be leading Allen Media Group's newly-expanded syndication ad sales team and looking forward to growing the business with all the talented executives lead by Byron Allen."
About Allen Media Group / Entertainment Studios
Chairman and CEO Byron Allen founded Allen Media Group/Entertainment Studios in 1993. Headquartered in Los Angeles, it has offices in New York, Chicago, Atlanta, and Charleston, SC. Allen Media Group owns 27 ABC-NBC-CBS-FOX network affiliate broadcast television stations in 21 U.S. markets and thirteen 24-hour HD television networks serving nearly 220 million subscribers: THE WEATHER CHANNEL, THE WEATHER CHANNEL EN ESPAÑOL, PETS.TV, COMEDY.TV, RECIPE.TV, CARS.TV, ES.TV, MYDESTINATION.TV, JUSTICE CENTRAL.TV, THEGRIO.TV, THIS TV, LOCAL NOW TV, and PATTRN. Allen Media Group also owns THE GRIO, HBCUGO, and LOCAL NOW, the free-streaming AVOD service powered by THE WEATHER CHANNEL and content partners, which delivers real-time, hyper-local news, weather, traffic, sports, and lifestyle information. Allen Media Group also produces, distributes, and sells advertising for 68 television programs, making it one of the largest independent producers/distributors of first-run syndicated television programming for broadcast television stations. Allen Media Group International Television continues to extend its corporate branding and content around the globe. It currently has active license agreements and programming in South Africa, The United Arab Emirates, Australia, The Bahamas, Canada and New Zealand. With a library of over 5,000 hours of owned content across multiple genres, Allen Media Group provides video content to broadcast television stations, cable television networks, mobile devices, and multimedia digital. Our mission is to provide excellent programming to our viewers, online users, and Fortune 500 advertising partners.
Entertainment Studios Motion Pictures is a full-service, theatrical motion picture distribution company specializing in wide release commercial content. ESMP released 2017's highest-grossing independent movie, the shark thriller 47 METERS DOWN, which grossed over $44.3 million. In 2018, ESMP also released the critically-acclaimed and commercially successful Western HOSTILES, the historic mystery-thriller CHAPPAQUIDDICK and the sequel to 47 METERS DOWN, 47 METERS DOWN: UNCAGED. The digital distribution unit of Entertainment Studios Motion Pictures, Freestyle Digital Media, is a premiere multi-platform distributor with direct partnerships across all major cable, digital and streaming platforms. Capitalizing on a robust infrastructure, proven track record and a veteran sales team, Freestyle Digital Media is a true home for independent films.
In 2016, Allen Media Group purchased The Grio, a highly-rated digital video-centric news community platform devoted to providing African-Americans with compelling stories and perspectives currently underrepresented in existing national news outlets. The Grio features aggregated and original video packages, news articles and opinion pieces on topics that include breaking news, politics, health, business and entertainment. Originally launched in 2009, the platform was then purchased by NBC News in 2010. The digital platform remains focused on curating exciting digital content and currently has more than 100 million annual visitors.
For more information, visit:
www.entertainmentstudios.com
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SOURCE Allen Media Group | https://www.mysuncoast.com/prnewswire/2022/05/19/byron-allens-allen-media-group-hires-former-warner-media-executive-roseann-cacciola-executive-vice-president-advertising-sales-global-syndication/ | 2022-05-20T00:33:11Z |
Ukraine accuses Russia of massacre, city strewn with bodies
BUCHA, Ukraine (AP) — Bodies with bound hands, close-range gunshot wounds and signs of torture lay scattered in a city on the outskirts of Kyiv after Russian soldiers withdrew from the area. Ukrainian authorities accused the departing forces on Sunday of committing war crimes and leaving behind a “scene from a horror movie.”
As images of the bodies emerged from Bucha, European leaders condemned the atrocities and called for tougher sanctions against Moscow. In a sign of how the horrific reports shook many leaders, Germany’s defense minister even suggested that the European Union consider banning Russian gas imports.
Ukrainian officials said the bodies of 410 civilians were found in Kyiv-area towns that were recently retaken from Russian forces.
Associated Press journalists saw the bodies of at least 21 people in various spots around Bucha, northwest of the capital. One group of nine, all in civilian clothes, were scattered around a site that residents said Russian troops used as a base. They appeared to have been killed at close range. At least two had their hands tied behind their backs, one was shot in the head, and another’s legs were bound.
Ukrainian officials laid the blame for the killings squarely at the feet of Russian troops, with the president calling them evidence of genocide. But Russia’s Defense Ministry rejected the accusations as “provocation.”
The discoveries followed the Russian retreat from the area after Moscow said it was focusing its offensive on the country’s east. Russian troops had rolled into Bucha in the early days of the invasion and stayed up until March 30.
GRAPHIC WARNING: Videos in this story may contain disturbing content.
One resident, who refused to give his name out of fear for his safety, said that Russian troops went building to building and took people out of the basements where they were hiding, checking their phones for any evidence of anti-Russian activity before taking them away or shooting them.
Hanna Herega, another resident, said Russian troops started shooting at a neighbor who had gone out to gather wood for heating.
“They hit him a bit above the heel, crushing the bone, and he fell down,” Herega said. “Then they shot off his left leg completely, with the boot. Then they shot him all over.”
The AP also saw two bodies, that of a man and a woman, wrapped in plastic that residents said they had covered and placed in a shaft until a proper funeral could be arranged.
“He put his hands up, and they shot him,” said the resident who refused to be identified.
Oleksiy Arestovych, an adviser to Ukrainian President Volodymyr Zelenskyy, described bodies lying in suburban streets as a “scene from a horror movie.” He claimed some of the women had been raped before being killed and the Russians then burned the bodies.
In a video address, Zelenskyy said Russian soldiers who killed and tortured civilians were responsible for “concentrated evil.”
“It is time to do everything possible to make the war crimes of the Russian military the last manifestation of such evil on earth,” he said in remarks translated by his office.
He directed some of his remarks at the mothers of Russian soldiers involved.
“Even if you raised looters, how did they also become butchers?” he said. “You couldn’t overlook that they are deprived of everything human. No soul. No heart. They killed deliberately and with pleasure.”
Zelenskyy said his government would take steps to create a special justice mechanism to investigate every crime committed by the Russian forces in Ukraine.
Zelenskyy also appeared in a pre-recorded video message at Sunday’s Grammy Awards, contrasting the lives of those attending the award ceremony in Las Vegas with the lives of musicians in his battered homeland.
“Our musicians wear body armor instead of tuxedos. They sing to the wounded in hospitals, even to those who can’t hear them,” he said in English. “But the music will break through anyway.”
Russia’s Defense Ministry said in a statement that photos and videos of dead bodies “have been stage managed by the Kyiv regime for the Western media.”
The ministry said “not a single civilian” in Bucha had faced any violent military action and the mayor did not mention any abuses a day after Russian troops left.
Russia asked for a meeting Monday of the U.N. Security Council to discuss events in the city. The U.S. and Britain have recently accused Russia of using Security Council meetings to spread disinformation.
In Motyzhyn, some 50 kilometers (30 miles) west of Kyiv, residents told AP that Russian troops killed the town’s mayor, her husband and her son and threw their bodies into a pit in a pine forest behind houses where Russian forces had slept.
Inside the pit, AP journalists saw four bodies of people who appeared to have been shot at close range. The mayor’s husband had his hands behind his back, with a piece of rope nearby, and a piece of plastic wrapped around his eyes like a blindfold.
Ukrainian Deputy Prime Minister Iryna Vereshchuk confirmed that the mayor was killed while being held by Russian forces.
Some European leaders said the killings in the Kyiv area amounted to war crimes. The U.S. has previously said that it believes Russia has committed war crimes, and Secretary of State Anthony Blinken called images of what happened near Kyiv “a punch to the gut” on CNN’s “State of the Union.”
“It is a brutality against civilians we haven’t seen in Europe for decades,” NATO Secretary-General Jens Stoltenberg said on the same show.
Kyiv Mayor Vitali Klitschko called on nations to immediately end Russian gas imports, saying they were funding the killings.
In a turnaround, Germany’s defense minister said that the EU should consider doing just that. Ministers “would have to talk about halting gas supplies from Russia,” Defense Minister Christine Lambrecht said on German public broadcaster ARD. “Such crimes must not go unanswered.”
Russia provides 40% of Europe’s gas and 25% of its oil, and until now many EU nations have resisted calls to scale back or fully end reliance on Russian fossil fuels. Giving them up would mean even higher prices at the pump and higher utility bills, potentially creating an energy crisis and a recession.
The U.S. has previously announced a ban on Russian oil, but it imports only a small share of Russia’s oil exports and doesn’t buy any of its natural gas.
As Russian forces retreated from the area around the capital, they also withdrew from the Sumy region, in Ukraine’s northeast, local administrator Dmitry Zhivitsky said in a video message carried by Ukrainian news agencies. The troops had occupied the area for nearly a month.
They pressed their sieges in other parts of the country. Russia has said it is directing troops to the Donbas in eastern Ukraine, where Russia-backed separatists have been fighting Ukrainian forces for eight years.
In that region, Mariupol, a port on the Sea of Azov that has seen some of the war’s greatest suffering, remained cut off. About 100,000 civilians — less than a quarter of the prewar population of 430,000 — are believed to be trapped there with little or no food, water, fuel and medicine.
The International Committee of the Red Cross said Sunday that a team sent Saturday to help evacuate residents had yet to reach the city.
Ukrainian authorities said Russia agreed days ago to allow safe passage from the city, but similar agreements have broken down repeatedly under continued shelling.
The mayor of Chernihiv, which has also been cut off from shipments of food and other supplies for weeks, said that relentless Russian shelling has destroyed 70% of the northern city.
The Ukrainian military said early Monday that its forces had retaken some towns in the Chernihiv region and that humanitarian aid was being delivered. The road between Chernihiv and the capital, Kyiv, was to reopen to some traffic later in the morning, according to the news agency RBK Ukraina.
The regional governor in Kharkiv said that Russian artillery and tanks launched over 20 strikes on Ukraine’s second-largest city and its outskirts in the country’s northeast over the past day.
The head of Ukraine’s delegation in talks with Russia said Moscow’s negotiators informally agreed to most of a draft proposal discussed during face-to-face talks in Istanbul this week, but no written confirmation has been provided.
The Russian invasion has left thousands dead and forced more than 4 million Ukrainians to flee their country.
___
Qena reported from Motyzhyn, Ukraine. Yuras Karmanau in Lviv, Ukraine, and Associated Press journalists around the world contributed to this report.
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Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/03/ukraine-sees-openings-russia-fixed-besieged-mariupol/ | 2022-04-05T20:38:21Z |
‘Stranger Things’ star Millie Bobby Brown enrolled at Purdue University
Published: Aug. 15, 2022 at 8:12 AM CDT|Updated: 51 minutes ago
(CNN) – “Stranger Things” star Millie Bobby Brown is a Purdue Boilermaker.
According to a new interview with Allure magazine, Brown is an online college student at Purdue University.
The 18-year-old is studying the field of human services, which includes human development and family studies.
Ironically, the Netflix TV series she stars in takes place in Indiana and makes reference to Purdue and other Hoosier universities.
In season three, a Purdue T-shirt that appeared in an episode of the show went viral and became a top seller online.
Balancing her online studies, the British actress’ next movie is called “The Electronic State,” which begins production in Atlanta this fall.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/15/stranger-things-star-millie-bobby-brown-enrolled-purdue-university/ | 2022-08-15T14:05:56Z |
WASHINGTON, May 6, 2022 /PRNewswire/ -- Driven by historic mortgage origination activity and substantial increase in home values, the American Land Title Association reported title insurance premium volume increased 35.9% during 2021 when compared with 2020. The title insurance industry generated $26.2 billion in title insurance premiums during 2021 compared with $19.2 billion during 2020, according to ALTA's Market Share Analysis.
Overall, total operating income for the industry was up 33.4%, operating expenses increased 32% and loss and loss adjustment expenses were up 2.3 percent. In 2021, the industry paid more than $474.4 million in claims.
While the overall expense to purchase a home has increased significantly the past few years, the cost of title insurance coverage has decreased 7% since 2004. This means for each dollar of premium a consumer purchases, they get an extra $26 in coverage compared with 2004.
"Incredibly low mortgage rates lead to an unprecedented increase in real estate transactions and substantially higher home values," said ALTA CEO Diane Tomb. "Those factors—caused in part by the unique circumstances of the COVID-19 pandemic—contributed to the record title insurance premium volume, which the title industry won't see again soon. The majority of title professionals were busier in 2021 than they ever have been, but even important than volume is that—no matter how busy they are—ALTA members continue to prioritize accuracy, security and efficiency to ensure homebuyers are protected before they even step over their new threshold."
Top 10 Underwriters
- First American Title Insurance Co., 20.5%
- Old Republic National Title Insurance Co., 14.8%
- Chicago Title Insurance Co., 14%
- Fidelity National Title Insurance Co., 13.5%
- Stewart Title Guaranty Co., 8.9%
- Westcor Land Title Insurance Co., 5.9%
- Commonwealth Land Title Insurance Co., 4.1%
- WFG National Title Insurance Co., 2.8%
- Title Resources Guaranty Co., 2.4%
- Doma Title Insurance Co., 1.9 %
Top 5 States
- Texas, $3.52 billion (+39.5%)
- Florida, $2.89 billlion (+52.1%)
- California, $2.82 billion (+24.6%)
- New York, $1.45 billion (+42.8%)
- Pennsylvania, $1.18 billion (+42.4%)
Click here for more market share data. ALTA expects to release Q1 2022 market share data around June 1.
About ALTA
The American Land Title Association, founded in 1907, is a national trade association representing more than 6,000 title insurance companies, title and settlement agents, independent abstracters, title searchers and real estate attorneys. ALTA members conduct title searches, examinations, closings and issue title insurance that protects real property owners and mortgage lenders against losses from defects in titles.
Contact: Megan Hernandez
Office: 202-261-0315
Email: mhernandez@alta.org
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SOURCE American Land Title Association | https://www.mysuncoast.com/prnewswire/2022/05/06/alta-reports-full-year-q4-2021-title-premium-volume/ | 2022-05-08T03:01:48Z |
BALTIMORE, May 13, 2022 /PRNewswire/ -- Transamerica announces the addition of emergency savings accounts as a new benefit for employers to help their employees. Through new strategic relationships with Millennium Trust Company and SecureSave, the new offering is designed to help employees save for unexpected events that may impact their ability to contribute to or preserve their workplace retirement savings account.
In its most recent report on the economic well-being of U.S. households, the Federal Reserve found that only 64% of adults would be able to cover an unexpected $400 expense by exclusively using cash, savings, or a credit card that they could pay off at the following statement. Alarmingly, 12% of adults would be unable to pay the unexpected $400 expense by any means.
Employers are able to choose one of Transamerica's pre-selected providers—either Millennium Trust or SecureSave. Both providers provide employers with an easy way to offer and manage an emergency savings fund as a workplace benefit. Transamerica's multi-provider approach gives employers the ability to match their company's needs with the best solution for their employees.
Transamerica emergency savings accounts enable employees to automatically save a portion of their regular paychecks in order to build an emergency savings fund. To incentivize employees to establish emergency savings accounts, employers have the option to contribute to employees' accounts. Transamerica emergency savings offerings are FDIC-insured up to the standard maximum deposit insurance amount of $250,000.
"Employers realize that individual employees' financial stress can impact productivity, retention and overall health significantly," said Kent Callahan, CEO of Workplace Solutions at Transamerica. "Transamerica is helping employers lean into the real financial needs of their employees by creating simple, automatic ways to save money. Emergency savings programs can help alleviate sudden and unexpected needs for cash liquidity. We believe that people will be more willing to save for the long term in retirement plans if they already have a cushion to first meet household and emergency needs. Emergency savings accounts offered through the workplace are perfectly positioned to help people address life's unexpected events and reduce their financial stress."
Transamerica's emergency savings accounts provide:
- A complete savings solution that is automated, easy to deploy and impactful.
- Enrollment campaigns to help drive participation in the program.
- Payroll deduction for automatic savings.
- Easy access to funds through intuitive, digital platforms with 24-hour access.
- Optional employer contributions through an employer match or ad hoc contributions.
Emergency savings accounts are the latest addition to Transamerica's growing suite of workplace financial wellness solutions. In 2020, the company introduced the availability of health savings accounts and a student loan repayment program. In 2021, the company debuted individual coverage health reimbursement accounts.
Transamerica is a leading innovator of workplace retirement and employee benefit solutions. To learn more about Transamerica's solutions, contact your financial advisor.
About Transamerica
With a history that dates back more than 100 years, Transamerica is recognized as a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Recognizing the necessity of health and wellness during peak working life, Transamerica's dedicated professionals work to help people take the steps necessary to live better today so they can worry less about tomorrow. Transamerica serves nearly every customer segment, providing a broad range of quality life insurance and investment products, individual and group pension plans, as well as asset management services. In 2021, Transamerica fulfilled its promises to customers, paying more than $52 billion in insurance, retirement, and annuity claims and benefits, including return of annuity premiums paid by the customer. Transamerica's corporate headquarters is located in Baltimore, Maryland, with other major operations in Cedar Rapids, Iowa and Denver, Colorado. Transamerica is part of the Aegon group of companies. Based in the Netherlands, Aegon is a diversified financial services group focused on providing investment, protection, and retirement solutions. For the full year of 2021, Aegon managed over $1.1 trillion in revenue generating investments. For more information, visit www.transamerica.com.
About Millennium Trust Company
Millennium Trust is a leading provider of retirement and financial services with more than 2.6 million individual and institutional clients holding more than $43 billion in assets. They are committed to the evolving needs of individuals, employers, advisors, and institutional partners, and to empowering clients with trusted expertise, exceptional service, and access to a wide range of solutions. Whether clients are managing retirement assets, running a business, or seeking choices beyond traditional asset options, Millennium Trust provides flexible digital solutions to support their clients' success. Learn more at www.mtrustcompany.com.
About SecureSave
Headquartered in Kirkland, Washington, SecureSave is a financial technology platform designed to help individuals build emergency savings through an employer benefits platform. It was co-founded by Devin Miller, Bassam Saliba, and Suze Orman, who realized that emergency savings needed to be easier and more accessible to help solve the growing savings crisis in the US. SecureSave makes an immediate impact on employee lives; by increasing financial wellness through a program that is easy to deploy and manage at low cost of ownership for the employer. Most of all, it is well received and accepted as adding value to working for a company that cares. To learn more about the company, visit their website at https://www.securesave.com.
Media inquiries:
Email: Media.Relations@transamerica.com
Hank Williams
(319) 355-7789
Julie Quinlan
(303) 383-5923
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SOURCE Transamerica | https://www.mysuncoast.com/prnewswire/2022/05/13/transamerica-introduces-workplace-emergency-savings-accounts/ | 2022-05-13T14:23:57Z |
Founder Ryan Petersen Will Assume New Role as Executive Chairman in March 2023
SAN FRANCISCO, June 8, 2022 /PRNewswire/ -- Flexport, the technology platform for global logistics, today announced that Dave Clark will become CEO and join the company's board of directors on September 1, 2022. Ryan Petersen, Flexport's founder and current CEO, will serve as co-CEO for six months after Clark's appointment to ensure a smooth transition. In March 2023, Petersen will then assume the role of Executive Chairman to focus on the company's long-term vision and strategy.
Clark brings more than two decades of global commerce and logistics leadership experience. Currently serving as CEO Worldwide Consumer at Amazon, he joined Amazon in 1999 and helped transform the company from an online bookstore to one of the benchmarks in technological innovation and supply chain management.
"The opportunity for Flexport grows bigger every day. The right leader will unlock our full potential by building the most productive and efficient operation. Over the last two decades, Dave helped scale Amazon into the technology and supply chain juggernaut it is today. He is a builder and an entrepreneur at heart, with the leadership experience that will shepherd Flexport into the most exciting phase of our journey," said Ryan Petersen, founder and CEO of Flexport. "In my new role as Executive Chairman, I will focus on what I do best: setting Flexport's long-term vision and strategy to leverage technology to solve the most pressing problems in global commerce."
"Ryan founded Flexport with the mission to make global trade easy for everyone. Under his leadership over the last nine years, Flexport has grown from a digital freight forwarder to a leading technology platform for global trade," said Dave Clark. "The logistics market is a multi-trillion dollar opportunity, and Flexport is just getting started advancing the global supply chain for the benefit of all. I am excited to partner with the team to architect and build a technology-powered future enabling the transparent and seamless movement of goods from raw material to end consumers anywhere in the world."
Bob Swan, Operating Partner at Andreessen Horowitz added: "Ryan has done the unimaginable since founding Flexport nine years ago. He has built a global technology platform disrupting one of the most complex industries, before most of us realized the critical role supply chain plays in our global economy. I believe that Dave, as one of the world's best operators at scale, is exactly the right person to collaborate with Ryan in leading the company into the future. I am confident in their partnership and excited to see how Flexport will transform the global logistics industry in the coming years."
During his 23-year tenure at Amazon, Clark held a variety of senior leadership positions prior to becoming the CEO of its Worldwide Consumer division, including Senior Vice President Worldwide Operations, Vice President Global Customer Fulfillment, and Vice President North America Operations. Clark graduated with an MBA from the University of Tennessee and holds a Bachelor's Degree in Music Education from Auburn University.
Flexport was founded in 2003 with the mission of making global trade easy for everyone. In 2021, the company recorded $3.2 billion in revenue, more than doubling its previous annual revenue, and had its first EBIT positive year. It now has nearly 3500 employees across 23 offices worldwide. In February 2022, Flexport raised $935 million in a Series E investment round led by Andreessen Horowitz and MSD Partners with continued support from DST Global and Founders Fund. The investment brought Flexport's post-money valuation to over $8 billion.
About Flexport
We believe trade can move the human race forward. That's why it's our mission to make global trade easy for everyone. Flexport is the platform for global logistics—empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Companies of all sizes—from emerging brands to Fortune 500s—used Flexport technology to move nearly $19B of merchandise across 112 countries in 2021. In 2022, Flexport was named #1 on CNBC's Disruptor 50 List as well as one of Fast Company's Most Innovative Companies.
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SOURCE Flexport, Inc. | https://www.wibw.com/prnewswire/2022/06/08/dave-clark-join-flexport-chief-executive-officer/ | 2022-06-08T14:38:48Z |
Eager for an entrepreneurial opportunity, experienced litigator joins regional firm to grow his practice and team of talented attorneys
CHICAGO, Sept. 8, 2022 /PRNewswire/ -- Phillips Lytle LLP announced John R. Worth, a newly added partner with the firm, will lead its new Chicago office. He joins Phillips Lytle after more than 10 years as a partner at Kirkland & Ellis LLP. The trial attorney and commercial litigator's expanded role as Chicago office leader brings a new opportunity—growing a local team of talented attorneys to complement the support he'll have from Phillips Lytle's attorneys in other market locations.
"I'm beyond excited to join Phillips Lytle and pursue this new opportunity to lead the firm's Chicago office," Mr. Worth said. "Throughout my years practicing law, I've always been an entrepreneur at heart, focused on expanding my practice with existing clients, developing new relationships and creating referral pipelines. At Phillips Lytle, I'll be able to take this work to the next level — providing an incredible value proposition for the firm's existing and future clients. I'm grateful for the trust my new partners have placed in me to help accelerate the firm's ongoing growth strategy."
"John joins Phillips Lytle amid a recent stretch of rapid growth and hiring, creating a moment of opportunity when top talent collided with our appetite to expand into new markets," said Phillips Lytle Managing Partner Kevin M. Hogan. "In addition to being a very talented litigator, John brings leadership skills and an entrepreneurial spirit. Our values aligned, as did our high standards and focus on providing the highest level of client service. We're excited to welcome John to our team as we continue our efforts to make Phillips Lytle a marquee destination for attorneys ready to shape the future of our 188-year-old firm."
Mr. Worth brings nearly two decades of experience representing major corporate clients, including several within the FORTUNE 500, in commercial matters in federal and state trial and appellate courts and arbitrations throughout the United States. He will continue providing trusted counsel for clients on complex commercial litigation, including contract disputes, consumer fraud, product liability, mass tort and toxic tort, and class action litigation matters.
Adding his expertise to further expand Phillips Lytle's Class Action, Commercial Litigation, Product Liability & Mass Tort Litigation, and Insurance Coverage Practices, Mr. Worth will work alongside the firm's talented attorneys across office locations and seek to build on its track record of achieving desired results that align with clients' business objectives.
Mr. Worth has broad legal experience in disputes spanning many industries, including chemical, energy, life sciences, shipping and logistics, manufacturing, pharmaceutical, real estate and more. He received his law degree from the Indiana University Maurer School of Law, where he graduated magna cum laude and was elected to the school's Order of the Coif chapter. During law school, Mr. Worth served as the Editor-in-Chief of the Indiana Law Journal. He also holds a master's degree from the University of Chicago and a bachelor's degree from Wabash College, where he graduated magna cum laude and was elected to the college's chapter of Phi Beta Kappa.
This market expansion represents another milestone as Phillips Lytle continues to push ahead with its organization-wide, talent-driven growth plans — which were launched earlier this year. The firm is actively expanding its expertise through the attraction, retention and development of top legal talent, as well as the recruitment of boutique law firms and specialty practices in existing and new markets.
Phillips Lytle LLP is a premier regional law firm that is recognized nationally for its legal excellence. With offices across New York State and in Chicago, IL, Washington, D.C. and Canada, our attorneys serve a multinational client base, including FORTUNE 1000 companies, global and regional financial institutions, not-for-profit organizations, middle-market companies, startups, entrepreneurs and individuals on important matters affecting their businesses and personal wealth. For more information, visit www.phillipslytle.com.
Media Contact
Tracey Mancini
Communications Manager
716-847-8340
tmancini@phillipslytle.com
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SOURCE Phillips Lytle LLP | https://www.wibw.com/prnewswire/2022/09/08/phillips-lytle-launches-chicago-office-with-hiring-john-r-worth-kirkland-amp-ellis/ | 2022-09-08T20:11:32Z |
Swiftly experienced record growth so far in 2022 with a 100 percent increase in bookings year-over-year
SAN FRANCISCO, Aug. 16, 2022 /PRNewswire/ -- Swiftly Inc. has been named a Best Workplace for Innovators by Fast Company and one of the 5,000 fastest-growing private companies by Inc. Magazine, reflecting a year of record growth for the transit technology company. Over 125 transit agencies in 8 countries now rely on the Swiftly Connected Transit Platform™ to improve their service reliability, passenger information, and operational efficiency. The results for cities are increased transit ridership, fewer passenger complaints, and simplified transit operations.
The Fast Company 2022 Best Workplaces for Innovators ranks winners from nearly 1,500 applicants across a variety of industries. The Inc. 5000 recognizes the fastest-growing private companies in America. Both awards come on the heels of sustained momentum for Swiftly and the broader transit industry.
Swiftly has experienced its fastest period of growth to date so far in 2022, driven by its novel technology solutions and increased government investment in public transit. The company's sales in the first half of 2022 increased 100 percent compared to the same period last year. The number of new customers added in the first half of the year grew by 128 percent year over year, while maintaining a 95 percent customer satisfaction rate from transit agencies. Notable new client deals in 2022 include Atlanta's MARTA, Long Beach Transit, and an expansion of Swiftly's work with Austin's CapMetro to install onboard hardware for the agency's entire fleet.
"Innovating and thinking differently is core to our success and growth," said Jonny Simkin, CEO and co-founder of Swiftly. "We're thrilled to receive recognition for our hard work by making the Inc. 5000 list as well as being featured as one of Fast Company's Best Workplaces for Innovators."
Swiftly, the first Connected Transit Platform, helps transit agencies improve their service reliability, passenger information, and operational efficiency. Today, over 125 transit agencies in 8 countries worldwide – including Los Angeles Metro, Philadelphia's SEPTA, Boston's MBTA, and Washington DC's WMATA – partner with Swiftly to improve on-time performance by up to 40% and increase passenger information accuracy by up to 50%. The result is increased ridership, fewer passenger complaints, and more reliable transit operations. The platform is now used by over 7,000 transit agency professionals and impacts billions of passenger trips per year. For more information, visit www.goswift.ly.
Media Contact:
Sam Bleiberg
sam.bleiberg@goswift.ly
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SOURCE Swiftly, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/16/swiftly-recognized-inc-5000-fast-companys-best-workplace-innovators/ | 2022-08-16T16:40:26Z |
Four New Grease Monkey Openings Pave Way for Midwest Development; Bringing Company Closer to Goal of 1,000 Units by End of 2023
CHICAGO, June 15, 2022 /PRNewswire/ -- FullSpeed Automotive®, one of the nation's largest franchisors and operators of automotive aftermarket repair facilities and home to flagship brands Grease Monkey® and SpeeDee Oil Change & Auto Service®, has announced the opening of four new corporate locations. These new stores will be operating under the Grease Monkey brand, bringing the brand's total to almost 500 locations across the U.S. and internationally, inching closer to FullSpeed's target development goal of 1,000 units by the end of 2023.
Last month, Grease Monkey opened two locations in Minnesota in White Bear Lake (4561 Lake Ave.) and Stillwater (1674 Market Drive). Coming this month, the company will be opening two Illinois locations in South Elgin (225 S. Randall Rd.) and Kankakee (1650 W. Court Street).
With soon to be 30 total open facilities across both states, there is vast whitespace for continued development. The FullSpeed leadership team sees prime opportunity for both Grease Monkey and SpeeDee in Minnesota and Illinois, looking to add 20 new locations to these markets over the next two years, aiming to grow both brands through qualified franchise partners and strategic acquisitions.
"The Midwest continues to prove ideal for our strategic expansion," said Kevin Kormondy, Chief Executive Officer of FullSpeed Automotive. "We have seen strong performance and brand awareness throughout the Midwest, which will allow us to better penetrate these additional markets. These four corporate openings will further promote the need for quick lube services and solidify FullSpeed's position as one of the nation's largest automotive aftermarket services operators and franchisors."
Looking forward to the rest of 2022, FullSpeed has some big initiatives planned, including an exciting announcement coming up later this year. In an effort to continue to innovate the automotive aftermarket industry and create a better experience for customers, FullSpeed will soon unveil its "Store of the Future" that will use all-new technology, hone in on the customer-experience, and create an environment the industry has not yet seen before.
FullSpeed Automotive is looking to bring on qualified and engaged individuals seeking single, multi-unit, and conversion opportunities. When franchisees invest with FullSpeed Automotive brands, they're investing in an organization with a strong culture, solid systems, and proven business model
backed with 70+ years of experience in providing quality car care in the industry. FullSpeed Automotive's acquisition strategy has also played a key role in nationwide expansion and remains a strong business focal point for growth.
For more information on FullSpeed Automotive and the company's flagship brands, visit fullspeedautomotive.com or call 800-364-0352.
About FullSpeed Automotive®
FullSpeed Automotive® is a leading automotive aftermarket services platform offering oil changes, tire sales and rotations, brake services, car washes, and other ancillary services through multiple brand formats that target several desirable segments of the service market. The company's strategic geographic footprint of 730-plus franchised and company-owned locations provide density in high growth markets. The company's flagship brands include Grease Monkey® and SpeeDee Oil Change & Auto Service®. In 2022, both Grease Monkey and SpeeDee were included in Entrepreneur's prestigious Franchise 500 ranking. FullSpeed is headquartered in Greenwood Village, Colorado. For more information, go to fullspeedautomotive.com.
About Grease Monkey®
Founded in 1978 and part the FullSpeed Automotive® family of brands, Grease Monkey has over 40 years of expertise in oil changes and automotive maintenance. There are over 490 Grease Monkey auto centers in the United States and international locations in China, Colombia, Mexico, and Saudi Arabia. In 2022, Grease Monkey was named to Entrepreneur's Fastest-Growing Franchises list as well as included in the prestigious Franchise 500 ranking for the sixth consecutive year. Grease Monkey is also proud to have received the VetFran 5–Star rating demonstrating its extraordinary commitment to "provide access and opportunities in franchising to our Nation's Veterans and their Spouses." For more information, go to www.greasemonkeyfranchise.com.
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SOURCE FullSpeed Automotive | https://www.wibw.com/prnewswire/2022/06/15/fullspeed-automotive-announces-opening-new-corporate-locations-minnesota-illinois/ | 2022-06-15T13:47:03Z |
Joining the World's First Culture Agency are Industry Veterans Eric Erickson as Chief Operating Officer and Rebecca Williams as Vice President, Group Creative Director; Head of People & Culture Aisha Bean Promoted to Chief Diversity Officer, Celeste Bazán Promoted to Vice President of People & Culture
LOS ANGELES, Aug. 31, 2022 /PRNewswire/ -- Cashmere Agency today announced new additions to its leadership team with the appointment of Eric Erickson as Chief Operating Officer and creative veteran Rebecca Williams as Vice President, Group Creative Director. The agency also announced the promotion of Aisha Bean to Chief Diversity Officer and Celeste Bazán as Vice President of People & Culture. These moves follow the agency's meteoric rise in the industry and a surge in demand for the company's culturally aware and diverse, differentiated service offerings.
"We're continuing to grow as an agency because we are engineered differently to help our clients navigate through The Culture in real time. This leadership and infrastructure allow us to continue to evolve with our clients' ambitions and resonance in Culture," said Ryan Ford, President & Chief Creative Officer, Cashmere. "I could not be more inspired by the intentionality and commitment that Eric, Rebecca, Aisha and Celeste bring to their respective new roles at Cashmere."
Erickson brings significant experience to the position with over 20 years driving operational excellence and executing strategic programs with clients such as Samsung, SC Johnson, UPS, Intel, and Honda/Acura. As Chief Operating Officer, he will be responsible for overseeing business operations of the company and working with Executive leadership and department leads to support the agency and clients. Erickson will report to Seung Chung, Co-Founder and CEO, Cashmere Agency.
With a career spanning more than 20 years, Williams most recently spent over nine years at Burrell Communications leading the vision and development of national campaigns for QSR giant, McDonald's. Prior to Burrell, as Senior Vice President, Chief Creative Officer, she managed the overall creative direction of Uniworld Group and shaped campaigns for clients including Burger King, Ford Motor Company, Pillsbury, the United States Marine Corps, M&M Mars, Avon, and Walt Disney World. Williams has also worked and created dynamic campaigns for Coca-Cola, Fox Sports, Carson Products, and Bally Total Fitness. In her new role as Vice President, Group Creative Director, Williams will be responsible for driving Cultural strategy across entertainment and brand clients. Williams will report to President & Chief Creative Officer, Ryan Ford.
Bean joined Cashmere in 2017 to build and oversee the execution of all Human Resources activities including Talent Discovery, the oversight of staffing Cashmere's premier accounts, Diversity, Inclusion, & Belonging, Employee Retention, Workforce Planning, Employee Relations, Professional Development, and Team Building. In her new role, Bean who considers herself, "a culture evangelist," will be focused on continuing to drive diversity, equity and inclusion offerings for employee and client initiatives through original programs at Cashmere and serves as an Executive Sponsor for Cashmere's #OneOpp Coalition against Police Brutality. Prior to Cashmere, she grew her career of over 16 years in Human Resources working in Federal Government and various Silicon Beach tech companies such as Experian Interactive Media, Core Digital Media, (mt) Media Temple and Godaddy. Bean will report to President & Chief Creative Officer, Ryan Ford.
Bazán came to Cashmere nearly one year ago from Hitco Entertainment where she was selected by music moguls LA Reid and Charles Goldstuck to establish the human resources function in their record label start-up. An alum of WPP and Omnicom where she developed a strategic business partner practice focused on employee relations, performance management, employee retention, professional development, employee satisfaction and company culture. Bazán brings over 15 years of strategic resources expertise tapping into a diverse background of industries ranging from theater, media, advertising, and recorded music. In her new role as Vice President of People & Culture, Bazán will be responsible for Human Resources Compliance, Benefits Administration, Employee Relations, Professional Development, and Performance Management.
Earlier this summer, Cashmere promoted five senior executives across multiple divisions including Cameron Crane to Chief Growth Officer; Joey Furutani to Chief of Staff; Sandy Song to Chief Client Officer; Brianne Pins to Senior Vice President of Public Relations; and Jesse Nicely, to Senior Vice President of Cultural Strategy.
Cashmere is an award-winning lifestyle-marketing company composed of a diverse collective of minds from the worlds of entertainment, advertising, and new media. Cashmere identifies trends to create and execute campaigns that resonate drive culture. Cashmere utilizes social media, creative strategy, digital trends, experiential, influencer and public relations strategies to provide full-service support for campaigns and brands. Cashmere builds brands who truly matter in culture.
Cashmere's diverse client roster includes top brands and entertainment companies, including: Google, Instagram, Facebook, BMW of North America, Taco Bell, Danone North America, Heineken, DoorDash, adidas, Warner Media, Amazon, Hulu, Disney, AppleTV+, Netflix, Universal Pictures, FX, CBS, Snoop Dogg and more. Cashmere has been recognized as a leading force within the creative industry and a recipient of multiple awards, which include: Ad Age's 2021 A-List Standout Agency, Ad Age's 2020 A-List Agencies to Watch, and Ad Age's 2019 Multicultural Agency of the Year; being named the 28th Fastest Growing Agency in the world by AdWeek, Clios, PRNews Agency Elite Top100 Winner, 2019 Cannes Lions Creative Award, and more.
In September 2021, Cashmere joined forces with Media.Monks ( S4Capital (SFOR.L), the tech-led, new age/new era digital advertising and marketing services company, to significantly expand the capabilities of both its content practice in the USA and global cultural strategy.
For more information about Cashmere, please visit www.cashmereagency.com or follow us on Instagram,
Twitter, Facebook or LinkedIn @cashmereagency.
Media Contacts:
Brianne Pins
Cashmere Agency
Brianne@cashmereagency.com
Lindsay Colker
Elevate Communications
lindsay@elevateprco.com
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SOURCE Cashmere Agency | https://www.kxii.com/prnewswire/2022/08/31/cashmere-rounds-out-leadership-team-with-new-hires-promotions/ | 2022-08-31T18:17:04Z |
(AP) – Colin Kaepernick is getting his first chance to work out for an NFL team since last playing in the league in 2016 when he started kneeling during the national anthem to protest police brutality and racial inequality.
Two people familiar with the situation said Kaepernick will work out for the Las Vegas Raiders on Wednesday. The people spoke on condition of anonymity because the team hadn’t announced the workout plans. ESPN first reported that the Raiders were bringing in Kaepernick.
Kaepernick hasn’t played since the end of the 2016 season when he was cut by San Francisco when the new regime led by coach Kyle Shanahan wanted to go a different direction at quarterback.
Kaepernick never got another opportunity even to work out for NFL teams as he alleged he had been blackballed over his protests during the anthem the previous season. He met with Seattle and had informal talks with Baltimore but never got a closer look.
He filed a grievance with the NFL in 2017 over his lack of opportunity and settled it in 2019 — but still never got another look.
The Raiders have been at the forefront on diversity over their history, hiring Tom Flores as the second coach of Hispanic descent, Art Shell as the first Black coach in modern history, and Amy Trask as the first female CEO.
Owner Mark Davis has publicly said he would back his coaches if they wanted to take a look at Kaepernick, and first-year coach Josh McDaniels is doing just that.
The Raiders don’t have a glaring need at quarterback after signing starter Derek Carr to an extension last month. Las Vegas also signed Nick Mullens as a backup this offseason, traded for Jarrett Stidham and signed Chase Garbers as an undrafted free agent.
But none of those backups has the pedigree of Kaepernick, who emerged as one of the league’s young stars when he took over as starter in San Francisco in 2012, and helped the Niners reach the Super Bowl that season.
Kaepernick’s play started to regress in 2014 and he got hurt halfway through the next season and lost his starting job. Things changed the next preseason when Kaepernick began protesting during the national anthem, drawing the ire of critics that included then presidential candidate Donald Trump.
Kaepernick regained his starting job in 2016 and threw 16 TD passes and four interceptions in 12 games, while posting a 90.7 passer rating. | https://cw33.com/news/nexstar-media-wire/colin-kaepernick-to-work-out-for-nfl-team-first-time-since-2016-ap-sources/ | 2022-05-26T01:46:47Z |
WASHINGTON, Aug. 15, 2022 /PRNewswire/ -- NASA's Jet Propulsion Laboratory in Southern California has selected Microchip Technology Inc. of Chandler, Arizona, to develop a High-Performance Spaceflight Computing (HPSC) processor that will provide at least 100 times the computational capacity of current spaceflight computers. This key capability would advance all types of future space missions, from planetary exploration to lunar and Mars surface missions.
"This cutting-edge spaceflight processor will have a tremendous impact on our future space missions and even technologies here on Earth," said Niki Werkheiser, director of technology maturation within the Space Technology Mission Directorate at NASA Headquarters in Washington. "This effort will amplify existing spacecraft capabilities and enable new ones and could ultimately be used by virtually every future space mission, all benefiting from more capable flight computing."
Microchip will architect, design, and deliver the HPSC processor over three years, with the goal of employing the processor on future lunar and planetary exploration missions. Microchip's processor architecture will significantly improve the overall computing efficiency for these missions by enabling computing power to be scalable, based on mission needs. The design also will be more reliable and have a higher fault tolerance. The processor will enable spacecraft computers to perform calculations up to 100 times faster than today's state-of-the-art space computers. As part of NASA's ongoing commercial partnership efforts, the work will take place under a $50 million firm-fixed-price contract, with Microchip contributing significant research and development costs to complete the project.
"We are pleased that NASA selected Microchip as its partner to develop the next-generation space-qualified compute processor platform." said Babak Samimi, corporate vice president for Microchip's Communications business unit. "We are making a joint investment with NASA on a new trusted and transformative compute platform. It will deliver comprehensive Ethernet networking, advanced artificial intelligence/machine learning processing and connectivity support while offering unprecedented performance gain, fault-tolerance, and security architecture at low power consumption. We will foster an industry wide ecosystem of single board computer partners anchored on the HPSC processor and Microchip's complementary space-qualified total system solutions to benefit a new generation of mission-critical edge compute designs optimized for size, weight, and power."
Current space-qualified computing technology is designed to address the most computationally-intensive part of a mission – a practice that leads to overdesigning and inefficient use of computing power. For example, a Mars surface mission demands high-speed data movement and intense calculation during the planetary landing sequence. However, routine mobility and science operations require fewer calculations and tasks per second. Microchip's new processor architecture offers the flexibility for the processing power to ebb and flow depending on current operational requirements. Certain processing functions can also be turned off when not in use, reducing power consumption. This capability will save a large amount of energy and improve overall computing efficiency for space missions.
"Our current spaceflight computers were developed almost 30 years ago," said Wesley Powell, NASA's principal technologist for advanced avionics. "While they have served past missions well, future NASA missions demand significantly increased onboard computing capabilities and reliability. The new computing processor will provide the advances required in performance, fault tolerance, and flexibility to meet these future mission needs."
Microchip's HPSC processor may be useful to other government agencies and applicable to other types of future space mission to explore our solar system and beyond, from Earth science operations to Mars exploration and human lunar missions. The processor could potentially be used for commercial systems on Earth that require similar mission critical edge computing needs as space missions and are able to safely continue operations if one component of the system fails. These potential applications include industrial automation, edge computing, time-sensitive ethernet data transmission, artificial intelligence, and even Internet of Things gateways, which bridge various communication technologies.
In 2021, NASA solicited proposals for a trade study for an advanced radiation-hardened computing chip with the intention of selecting one vendor for development. This contract is part of NASA's High-Performance Space Computing project. HPSC is led by the agency's Space Technology Mission Directorate's Game Changing Development program with support from the Science Mission Directorate. The project is led by JPL, a division of Caltech.
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SOURCE NASA | https://www.kxii.com/prnewswire/2022/08/15/nasa-awards-next-generation-spaceflight-computing-processor-contract/ | 2022-08-16T00:24:01Z |
Glen D. Smith and Associates is delighted to announce that they are changing their company name to GDS Wealth Management. This exciting news reflects changes that the company is making as they grow and expand.
FLOWER MOUND, Texas, April 20, 2022 /PRNewswire/ -- GDS Wealth Management is a financial planning firm located in Flower Mound, Texas. For several years, GDS Wealth Management has been providing the DFW community with comprehensive financial planning and investment management, and they look forward to continuing to do so under their new name. Their dedication to personalized service has earned the company's founder, Glen D. Smith, CFP®, CRPC®, a position on the Forbes Best-In-State Wealth Advisor list for four consecutive years. Glen Smith is also approved as an NFLPA Registered Player Financial Advisor, allowing him to help current and former NFL players with their financial needs. Alongside these accomplishments, GDS Wealth Management team members hold numerous important accreditations for managing money and financial planning, including the CERTIFIED FINANCIAL PLANNER™ (CFP®) and Accredited Asset Management Specialist (AAMS®) certifications. They are also members of Dave Ramsey's SmartVestor Pro service program.
Glen Smith, GDS Wealth Management's founder, says that "although our name may be changing, our commitment to our clients remains stronger than ever. We are committed to providing the same superior level of service and ensuring that our clients feel confident in their financial future." The client has always been, and will always be, at the heart of GDS Wealth Management's work.
GDS Wealth Management remains dedicated to providing the excellent service that their company has become known for. Whether you are an individual with personal and family goals or the person charged with the financial goals of your organization, GDS Wealth Management is here to provide you with an array of financial and investment planning services essential to your success. Their experienced team of financial planners is proud to offer both the credentialed guidance and expertise needed to reach your lifelong financial goals.
GDS Wealth Management has been a staple in the DFW area for many years, and they look forward to continuing to serve their clients and community in the coming years. For more information, please call (469) 212-8072 or visit GDS Wealth Management's new website at: https://www.gdswealth.com/.
Investment advice offered through GDS Wealth Management, a registered investment adviser.
Forbes Best-in-State Wealth Advisors ranking was developed by SHOOK Research and is based on in-person, virtual, and telephone due diligence meetings to measure best practices; also considered are: client retention, industry experience, credentials, review of compliance records, firm nominations; and quantitative criteria, such as: assets under management and revenue generated for their firms. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. SHOOK's research and rankings provide opinions intended to help investors choose the right financial advisor and are not indicative of future performance or representative of any one client's experience. Past performance is not an indication of future results. Neither Forbes nor SHOOK Research receive compensation in exchange for placement on the ranking. For more information, please visit www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC. Data provided by SHOOK® Research, LLC. Data as of 6/30/21. Neither GDS Wealth Management nor any of its Financial Planners or RIA firms pay a fee in exchange for this award/rating. Visit https://www.forbes.com/best-in-state-wealth-advisors/ to learn more. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. All investing involves risks. The use of a professional advisor does not guarantee your objectives will be met.
SmartVestor is an advertising and referral service for investing professionals ("SmartVestor Pros") operated by The Lampo Group, LLC d/b/a Ramsey Solutions ("Ramsey Solutions"). Pursuant to an arrangement between Ramsey Solutions, One Way Holdings, LLC and your advisor, your advisor pays Ramsey Solutions a flat monthly fee to: (a) be a SmartVestor Pro, (b) advertise services through the SmartVestor website, and (c) receive client referrals in the form of an initial introduction to interested consumers who are located in your advisor's Pros geographic region. One Way Holdings, LLC and its affiliates do not endorse and are not affiliated with Ramsey Solutions, except with respect to the arrangement described above, and neither Ramsey Solutions nor its agents are officers or employees of One Way Holdings, LLC. Further, neither Ramsey Solutions nor its agents are authorized to provide investment advice or act in any way on behalf of One Way Holdings, LLC, except in connection with providing your contact information to your advisor.
Glen D. Smith's status as a Registered Player Financial Advisor does not constitute an endorsement recommendation by the NFLPA of the Registered Player Financial Advisor, or his/her qualifications, or services. The NFLPA is not affiliated with GDS Wealth Management. GDS Wealth Management are not tax advisers. Please see your qualified tax professional for tax advice.
CONTACT: GDS@GDSWealth.com
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SOURCE GDS Wealth Management | https://www.mysuncoast.com/prnewswire/2022/04/20/new-name-same-superior-service/ | 2022-04-20T16:41:21Z |
ALBANY – In 2013, Monica Rockwell was preparing to run another marathon when she collapsed and was hospitalized for two months.
The 38-year-old had been treated for some symptoms prior to that, but the diagnosis after her extensive hospital stay offered a staggering prognosis: sickle cell beta thalassaemia and congestive heart failure.
Finding that most resources and information related to sickle cell anemia, which primarily affects black people, were geared toward people younger than ag 21, the Albany woman began researching and eventually became an advocate as well as a long-term survivor.
On Friday, the SWGA Sickle Cell Awareness group she founded will hold what it hopes will be the first annual golf tournament to raise funds and raise awareness of the genetic disorder that affects the shape of red blood cells that carry oxygen in the body.
The four-person scramble tournament is $65 per player or $260 per team and starts at 9 a.m. at the city of Albany’s Flint River Golf Course. The cost includes green fees, cart, lunch, beverages and a golfer’s swag bag. Individuals can register during the week or beginning at 8 a.m. on Friday.
There are two main types of sickle cell disease, both of which can cause occasional flare-ups of pain crises.
“It’s hard for blood to flow through the body (of a person with sickle cell), which causes pain crises,” Rockwell said. “It can be the heart, it can be the lungs, it can be anywhere in the body. Most sickle cell patients don’t die from the disease itself, they die from other conditions – heart disease, diabetes. They also experience chronic pain, chronic fatigue.”
Rockwell has an office at the Arthur K. Williams Micro Business Center in downtown Albany but makes appointments by phone at (229) 869-6671 or at swga.siclecellawareness@gmail.com. She also attends health fairs and other events to get the word out.
Part of her work is educating people on how to access treatment and, just as importantly, how to pay for it through applying for indigent care or programs such as those provided by Albany Area Primary Health Care, which provides care on a sliding scale based on income.
At the last count available, Rockwell said, there were 254 sickle cell patients in Dougherty County. The disease was an underlying condition for COVID-19, and several patients succumbed to the coronavirus, some of whom had conditions like heart disease and diabetes. A number of patients, including Rockwell, used telehealth resources during the worst of the pandemic to avoid the risk of infection by going in person to health facilities.
Patients need a strong team, from primary care physician to a specialist to family and friends who can advocate on their behalf, when they are not able to do so themselves, Rockwell said.
“A lot of people don’t get the care they need because they don’t know the resources that are available,” she said. “They (team) have to understand what you need. When you’re in a pain crisis, you’re not always able to communicate what you need.”
These days Rockwell is occasionally entering marathons to participate in the walking events, and she also golfs.
“The goal of the tournament is to raise more awareness about sickle cell and to provide resources,” she said.
Sickle cell is a genetic disease that affects 8,000 to 10,000 Georgians, Dr. Derek Heard, the medical director for primary care with the Phoebe Physicians Group in Albany, said.
“It occurs in one of 293 African Americans” and also can affect individuals of Mediterranean or East Indian descent, said Heard, who has the milder form of sickle cell disease.
The more prevalent type, Hb-SS, is acquired by those who have two parents with the gene that causes sickle cell. It can cause strokes, heart attacks, organ damage and severe pain crises and require daily medication.
Today there are better treatments available than when he was a kid, Heard said, and there are some promising developments being researched.
The physician helps manage his condition by staying hydrated and trying to get sufficient rest.
“There aren’t as many resources for adults as there are for kids,” he said. “I would say sickle cell is woefully behind in terms of research (but) there is more awareness of the disease now, people are getting access to better treatment.
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AEROSOLES TO INTRODUCE MEN'S SLIPPER'S, MEN'S AND LADIES FLIP FLOPS, MEN'S SOCKS AND ROLLER SKATES FOR MEN, WOMEN AND YOUTH
NEW YORK, July 15, 2022 /PRNewswire/ -- AEROSOLES, the leading global footwear brand established in 1987 and recently acquired by American Exchange Group, known for its innovative technology and superior comfort, today announced it has signed a new licensing agreement for the distribution of men's slippers, men's and ladies flip flops, hanging footwear, men's socks and roller skates for men, women and youth. Aerosoles has partnered with Orly Corporation, the leading designer and marketer of fashion-forward footwear and accessories for women, men and children for over 40 years.
This new collection of men's slippers, socks, men's, and ladies flip flops and roller skates offers a fresh and contemporary feel with comfort at their core to complement the brand's assortment of classic women's styles. The first collections are scheduled to be launched in summer 2023 and will be available at Nordstrom, Macy's and other major department and specialty stores to follow. Retail price points for men's and ladies flip flops, socks and slippers range from $20- $50 and roller skates range from $80 - $150.
"This is an exciting time for Aerosoles and we are thrilled to be working with one of the best-in-class companies to further provide a comprehensive product offering to our consumers. As a global lifestyle brand, we are committed to showcasing a cohesive retail presentation, with a wide variety of products for men, women and youth. This is the first licensing partner we have signed since the acquisition and we look forward to partnering with Orly to utilize their expertise, capabilities and expand our consumer base," said Alen Mamrout, President and CEO of American Exchange Group.
"Our newly established partnership with Orly aligns perfectly with our strategy to leverage our brand pillars of comfort and technology into additional licensed categories. Our proprietary technology is what has positioned Aerosoles as a leader in the comfort space for decades and will continue to evolve and expand to our licensed categories. This will remain as the trademark that makes our products so unique," said Steve Velasquez, Chief Strategy Officer of American Exchange Group.
"My goal is to create and build new licensing partnerships and continue to propel the Aerosoles brand forward by developing and expanding into exciting, new product categories. I am looking forward to partnering with the team at Orly to offer comfortable and stylish hanging footwear options to our male consumers, flip-flops to women, and drive our brand DNA into the niche market of roller skates!" said Cynthia Nixon, Vice President, Licensing & Brand Development at American Exchange Group.
"Orly is thrilled to include Aerosoles into our diverse portfolio of brands. Our company has a longstanding history of private branding for comfort driven products, so we are very excited to have the opportunity to partner with an internationally recognized brand like Aerosoles, known for their comfort, style and innovation. Our main mission is to consistently deliver trend right and comfortable designs to our customers. To further build our business, we will leverage our brand equity, dominant position in fashion-forward footwear, and industry-leading design team expand upon Aerosoles' style and offerings," said Albert Antebi, Founder/CEO of Orly.
Flynn Collective served as Aerosoles' agent and TSG Brands served as Orly's agent.
Aerosoles is a leading global footwear company delivering high quality products with both fashion and performance to customers in over 40 countries around the world.
American Exchange Group is an industry leader in accessories design and manufacturing. By facilitating distribution to major retailers globally for our proprietary brands, custom private label brands and exclusive licensed brands, including footwear, tech wearables, watches, jewelry, handbags and fashion accessories, American Exchange Group raises the bar by disrupting status quo pricing while staying at the forefront of trends.
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SOURCE American Exchange Group | https://www.mysuncoast.com/prnewswire/2022/07/15/aerosoles-signs-licensing-agreement-with-orly-expand-into-mens/ | 2022-07-15T14:53:55Z |
HOLLYWOOD, Calif., June 23, 2022 /PRNewswire/ -- Executive Kourtney Day has returned to Jim Henson's Creature Shop as Senior Director of New Business. Day will spearhead business development for Jim Henson's Creature Shop, continuing to identify partners in the film, television, live events, themed entertainment, advertising, and AR/VR spaces.
"My mission is to identify potential partners who can benefit from the groundbreaking innovations that the artists and engineers of Jim Henson's Creature Shop are making in both practical creature effects and digital puppetry," said Day. "As leaders in their craft, having created some of entertainment's most iconic characters, Jim Henson's Creature Shop is at the ready to help our clients fully realize their visions."
Day previously worked at Jim Henson's Creature Shop as Manager of Business Development before serving at Lionsgate as Manager of Global Live and Location Based Experience and then Solomon Group as Business Development Manager, Themed Entertainment. Day also serves as the Vice President of the Themed Entertainment Association Western Division.
About Jim Henson's Creature Shop
Jim Henson's Creature Shop™ provides digital puppetry, animatronic creatures, animation, and soft puppets to the international film, television, theater, live event and advertising industries. Recent credits include Fraggle Rock: Back to the Rock (Apple TV+), Duff's Happy Fun Bake Time (discovery+), The Dark Crystal: Age of Resistance (Netflix), Word Party (Netflix), and Earth to Ned (Disney+). Based in Los Angeles and New York with satellite shop capabilities internationally, the Shop is known for designing and building some of the world's best-known characters including the Sesame Street puppets and the classic Muppets, as well as the iconic characters from Dinosaurs, Farscape, The Dark Crystal, Labyrinth, and many more. Other feature film credits include Where the Wild Things Are, Forgetting Sarah Marshall, Hitchhiker's Guide to the Galaxy, and Five Children and It.
The shop is also known for its live performance work with artists like Coldplay, Cee Lo Green, Kanye West, Lady Gaga and Deadmau5. A recipient of more than 9 Emmy Awards for its outstanding work building puppets for Sesame Street, the Shop also received an Academy Award for its visual effects work on the film Babe. Other awards include a Scientific and Engineering Academy Award for the Henson Performance Control System, a powerful custom-based interface for puppeteers, and an Emmy Award for its work in developing the Henson Digital Performance Studio, a patented control system technology that enables puppeteers to perform computer-generated characters in real time. www.creatureshop.com
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SOURCE The Jim Henson Company | https://www.kxii.com/prnewswire/2022/06/23/kourtney-day-returns-jim-hensons-creature-shop-senior-director-new-business/ | 2022-06-23T17:42:14Z |
As Director of Procurement, Silva will also develop company's approach to supply chain diversity
KANSAS CITY, Mo., July 20, 2022 /PRNewswire/ -- CRB, a leading provider of sustainable engineering, architecture, construction, and consulting solutions to the food and beverage and life sciences industries, announced today that Valerie Silva has joined the company as its new Director of Procurement.
Silva, a procurement leader with deep global experience in cost optimization, project management and supply chain issues in the automotive and pharmaceutical industries, will work within CRB's innovative Global Technical Operations team. Silva has helped large organizations develop and execute cost-saving strategies, negotiated high-value and complex international supply agreements, and led capital program management initiatives to achieve speed-to-market success and manage risk.
That focus is especially important to CRB's primary industries – life sciences and food and beverage manufacturing – where clients cite speed to market and risk management in today's uncertain business environment as critical factors in their capital expenditure strategies.
"We are focused more than ever on working with clients to overcome these challenges, and Valerie's expertise will provide tremendous value to clients and our internal teams as we grow our procurement and risk management capabilities," said Mike Barrett, CRB's Vice President of Project Delivery Services.
Noted Silva: "By driving consistent, industry best practices and processes globally, we can maximize the strategic impact of procurement and unlock additional value for our clients."
Silva will also grow CRB's Supply Chain Risk Management practices to help mitigate supply chain challenges, while working closely with CRB's strategic Life Sciences and Food & Beverage partners to develop a robust supplier diversity program and align best practices with CRB's sustainability goals.
Silva graduated summa cum laude with a bachelor's degree in pre-law from Michigan State University and earned her MBA in supply chain concentration from the University of South Carolina's Darla Moore School of Business.
About CRB:
CRB is a leading provider of sustainable engineering, architecture, construction, and consulting solutions to the food and beverage and life sciences industries. Led by its innovative ONEsolution™ service, CRB provides successful integrated project delivery for clients demanding high-quality solutions on time and within budget. The company's nearly 1,800 employees provide world-class solutions that drive success and positive change for their clients, people, and communities. CRB is a privately held company with a rich history of serving clients throughout the world, consistently striving for the highest standard of technical knowledge, creativity, and execution.
CONTACTS:
Clarity Quest:
877-887-7611
Bonnie Quintanilla, bonnie@clarityqst.com or Phyllis Grabot, phyllis@clarityqst.com
CRB:
816-200-5234
Chris Clark, chris.clark@crbgroup.com
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SOURCE CRB | https://www.wibw.com/prnewswire/2022/07/20/procurement-leader-valerie-silva-joins-crb-company-addresses-supply-chain-risk-challenges/ | 2022-07-20T12:35:45Z |
With nurses consistently ranked the most trusted professionals in the U.S., the American Association of Nurse Anesthetists Separate Segregated Fund (CRNA-PAC), launches new national project to actively support A+ Members of Congress.
WASHINGTON, June 10, 2022 /PRNewswire/ -- Nursing Votes — a project of the AANA's CRNA-PAC — launched a new initiative to get the nation's six million nurses and healthcare voters engaged in the political process.
AANA President Dina Velocci, DNP, CRNA, APRN, said "Nursing Votes is determined to advocate for evidence-based healthcare policies that will increase patient access to high-quality, cost-effective healthcare nationwide."
"Through Nursing Votes, we're thrilled to drive patient-focused change throughout our country by passing legislation and winning elections that put pro-nursing, pro-patient candidates into office. We do this by communicating with nurses and voters through broadcast advertising, direct mail, telephone, text, and social media," Velocci said.
For the 2022 midterm elections, Nursing Votes is proud to announce our bi-partisan list of A+ Members of Congress:
Founded in 2020 by the American Association of Nurse Anesthetists Separate Segregated Fund (CRNA-PAC), Nursing Votes advocates for issues that improve patient access to quality, affordable healthcare by electing pro-nursing, pro-patient candidates to office.
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SOURCE American Association of Nurse Anesthetists Separate Segregated Fund | https://www.kxii.com/prnewswire/2022/06/10/nursing-votes-calls-nations-six-million-nurses-get-engaged-us-politics/ | 2022-06-10T20:26:59Z |
ISLAMABAD (AP) — In flood-stricken Pakistan where an unprecedented monsoon season has killed hundreds of people, the rains now threaten a famed archeological site dating back 4,500 years, the site’s chief official said Tuesday.
The ruins of Mohenjo Daro — located in southern Sindh province near the Indus River and a UNESCO World Heritage Site — are considered among the best preserved urban settlements in South Asia. They were discovered in 1922 and to this day, mystery surrounds the disappearance of its civilization, which coincided with those of ancient Egypt and Mesopotamia.
The swelling waters of the Indus, a major river in this part of the world, have wreaked havoc as heavy rains and massive flooding unleashed devastation across much of Pakistan. At least 1,325 people have been killed and millions have lost their homes in the surging waters, with many experts blaming the unusually heavy monsoon rains on climate change.
The flooding has not directly hit Mohenjo Daro but the record-breaking rains have inflicted damage on the ruins of the ancient city, said Ahsan Abbasi, the site’s curator.
“Several big walls, which were built nearly 5,000 years ago, have collapsed because of the monsoon rains,” Abbasi told The Associated Press.
He said dozens of construction workers under the supervision of archaeologists have started the repair work. Abbasi did not give an estimated cost of the damages at Mohenjo Daro.
The site’s landmark “Buddhist stupa” — a large hemispherical structure associated with worship, meditation and burial — remains intact, Abbasi said. But the downpour has damaged some outer walls and also some larger walls separating individual rooms or chambers.
Abbasi said the civilization at Mohenjo Daro, also known as “Mound of the Dead” in the local Sindhi language, built an elaborate drainage system, which has been critical in flooding in the past.
Though the floods have touched all of Pakistan, the Sindh province has been among the worst hit.
On Monday, army engineers made a second cut into an embankment at Lake Manchar, Pakistan’s largest freshwater lake, to release rising waters in hopes of saving the nearby city of Sehwan from major flooding.
The water from the lake has already inundated dozens of nearby villages, forcing hundreds of families to leave their mudbrick homes in a hurry, many fleeing in panic.
Meanwhile, rescue operations continued Tuesday with troops and volunteers using helicopters and boats to get those stranded out of the flooded areas and to nearest relief camps. Tens of thousands of people are already living in such camps, and thousands more have taken shelter on roadsides on higher ground.
Ghulam Sabir, 52, from the outskirts of Sehwan, said Tuesday that he left his home three days ago after authorities told them to evacuate.
“I took my family members with me and came to this … safer place,” said Sabir, staying by the roadside where he has set up camp. He echoed complaints of several other villagers — that no government help had reached them yet.
Sabir said he did not know whether his home had collapsed or not.
Prime Minister Shahbaz Sharif urged Pakistanis in televised remarks Tuesday to generously donate to flood victims, most of whom are relying on government help to survive. Sharif has also repeatedly asked the international community to send more aid to the flood victims. He insisted that Pakistan is facing a climate-change-induced tragedy.
In a statement Tuesday, the U.N. refugee agency said it handed over thousands of tents and other emergency items to the Sindh government, meant for those affected by the flooded areas in the province.
Multiple experts say that since 1959, Pakistan has emitted about 0.4% of heat-trapping carbon dioxide, compared to 21.5% by the United States and 16.4% by China. Last week, U.N. Secretary-General Antonio Guterres also called on the world to stop “sleepwalking” through the crisis. He plans to visit flood-hit areas on Sept. 9.
According to Pakistani officials, Guterres will travel to Sindh but it’s unclear whether he will visit the archaeological site. | https://cw33.com/news/international/ap-international/ap-in-flood-stricken-pakistan-rains-damage-archeological-site/ | 2022-09-07T01:28:07Z |
BOSTON, July 6, 2022 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB) will issue its second quarter earnings release before the market opens on Wednesday, July 20, 2022. The Company will also place an investor presentation at its website at ir.berkshirebank.com.
Berkshire will conduct a conference call/webcast at 10:00 a.m. eastern time on Wednesday, July 20, 2022 to discuss results for the quarter and provide guidance about expected future results.
Participants are encouraged to pre-register for the conference call using the following link:
Callers who pre-register will be given dial-in instructions and a unique PIN to gain immediate access to the call. Participants may pre-register at any time prior to the call and will immediately receive simple instructions via email.
Additionally, participants may reach the registration link and access the webcast by logging in through the investor relations section of Berkshire's website at ir.berkshirebank.com.
Those parties who do not have Internet access or are otherwise unable to pre-register for this event, may still participate at the above time by dialing 844-200-6205 and using participant access code: 227686. Participants are requested to dial-in a few minutes before the scheduled start of the call.
A telephone replay of the call will be available for one week by dialing 866-813-9403 and using access code: 465253. The webcast will be available on Berkshire's website for an extended period of time.
Berkshire Hills Bancorp is the parent of Berkshire Bank. The Bank's goal is to be a high-performing, leading socially responsible community bank in New England, Upstate New York, and beyond. Berkshire Bank provides business and consumer banking, mortgage, wealth management, and investment services. Headquartered in Boston, Berkshire has approximately $12.1 billion in assets and operates 105 branch offices in New England and New York, and is a member of the Bloomberg Gender-Equality Index. To learn more, call 800-773-5601 or follow us on Facebook, Twitter, Instagram, and LinkedIn.
Kevin Conn, SVP, Investor Relations & Corporate Development
Email: KAConn@berkshirebank.com Tel: (617) 641-9206
David Gonci, Capital Markets Director
Email: DGonci@berkshirebank.com Tel: (413) 281-1973
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SOURCE Berkshire Hills Bancorp, Inc. | https://www.wibw.com/prnewswire/2022/07/06/berkshire-hills-second-quarter-earnings-release-conference-call-dates/ | 2022-07-06T13:36:33Z |
NWHSSI doubles scholarships for ISU nursing students
POCATELLO, Idaho (KIFI) – Idaho State University School of Nursing students will receive $28,000 in scholarships this year from the Northwest Health Science Scholarship Initiative - John William Jackson Fund.
The Northwest Health Science Scholarship Initiative - John William Jackson Fund (NWHSSI) has doubled its annual funding for nursing and health science scholarships to $200,000. During the Fund’s second grant award cycle, 100 scholarships of $2,000 each were awarded to 12 schools in Idaho, Oregon, Washington and Utah.
“Now more than ever, recruiting and retaining qualified candidates for nursing and other health science professions is critical,” Cy Gearhard, John William Jackson Fund nursing and health science adviser, said in announcing the increased commitment.
“For some time, leaders in health care have been planning specific strategies to mitigate the shortage of nurses due to upcoming baby boomer retirements,” she said. “The global pandemic has further exacerbated the nursing workforce challenge we are all facing. In many cases, the limiting factor when it comes to recruiting the student with the personal attributes and life experiences necessary to be an excellent health care professional is financial funding.”
The Initiative builds on earlier scholarship support from the Jackson family, John William Jackson Fund (JWJF) officers, friends, supporters and iYERP metal recycling partners. Since 2017, $445,000 has been awarded to nursing and health science programs throughout the Northwest. A majority of the funds are gathered by recycling metals and other construction materials from construction projects around the Pacific Northwest.
“Through JWJF generous donors and the relentless activism of Bill “Action” Jackson, future nurses can reach their dreams, and our communities will have the health care team required for the future,” said Gearhard, formerly St. Luke's Health System chief nursing officer and vice president of patient care services.
The Fund was established in memory of John William Jackson, a Georgetown University psychology graduate who lost his life in a climbing accident in the Kyrgyz Republic in 2000. | https://localnews8.com/news/education/2022/05/21/nwhssi-doubles-scholarships-for-isu-nursing-students/ | 2022-05-21T17:39:42Z |
- 2,500 Sanofi Massachusetts-based employees come together in a shared space to improve collaboration while growing our science-centered, patient-focused culture
- Single integrated campus supports Play to Win strategy to focus on growth, lead with innovation, accelerate efficiencies, and reinvent the way we work
CAMBRIDGE, Mass., June 7, 2022 /PRNewswire/ -- Sanofi announces the opening of the company's new campus at Cambridge Crossing in Cambridge, Massachusetts. Governor Charlie Baker and Cambridge Mayor Sumbul Siddiqui plan to attend the ribbon-cutting ceremony in addition to Sanofi's CEO Paul Hudson and Executive Committee members, Global Head of Research and Development John Reed, M.D., Ph.D., and Global Head of Specialty Care Bill Sibold, for the official opening of one of the company's largest U.S. sites. The campus is designed to enhance collaboration between R&D, Medical, and the Specialty Care business unit, among others, to accelerate the development of transformative treatments for patients.
Bill Sibold
Executive Vice President, Head of Global Specialty Care, Sanofi
"Cambridge has been our home for many years. Opening our new facility in Cambridge Crossing is allowing us to bring together our employees across Massachusetts under one roof – which is an important step in facilitating the kind of collaboration needed to fulfill our purpose of chasing the miracles of science to improve people's lives."
Sanofi at Cambridge Crossing consists of two buildings, both U.S. Green Building Council LEED® Gold Certified, totaling 900,000 square feet and located at 450 Water Street and 350 Water Street. The campus incorporates state–of–the–art environmental features, including automated light dimming, CO2 sensors, and advanced heating/cooling systems, among others, to use energy and resources efficiently and to provide a healthy workspace for employees. WaterSense fixtures will harvest rainwater and create up to 60 percent water efficiency, from the EPA baseline, by using rainwater harvesting.
John Reed, M.D., Ph.D.
Executive Vice President, Global Head of Research and Development, Sanofi
"We have built an unparalleled facility for our R&D community in Cambridge with a focus on ultra-modern laboratories in close proximity to our scientific and commercial colleagues. Located in the heart of an innovation ecosystem, our new site will serve as an open space to connect our experts with key partners, including top academic research institutions and hospitals, with the goal of urgently meeting patient needs through the tireless advance of science."
Over the past 20 years, Sanofi has contributed to sustainable development of communities and, with the opening of Cambridge Crossing, we will be broadening our commitment to Just A Start, a Cambridge-based Economic Mobility Hub. For more than 50 years, Just A Start has been servicing the local community by creating access to stable housing and sustainable careers. Through the organization's Campaign for Rindge Commons, tuition-free educational programs are offered, including a Biomedical Careers Program to foster equal opportunities in the thriving Massachusetts biopharmaceutical economy.
Charlie Baker
Massachusetts Governor
"Massachusetts is home to a thriving health care and life sciences ecosystem and Sanofi is a crucial part of the exciting innovation and progress happening here in the Commonwealth. We are thrilled to congratulate Sanofi on the opening of this new campus, which marks a big step forward in creating a vibrant and sustainable workforce that continues to evolve with our community."
Sanofi has built an unparalleled experience in the center of Massachusetts' innovation "hotspot," and the company looks forward to retaining and attracting talent and forming new partnerships to make a difference in the surrounding community and for patients around the world.
To explore career opportunities at Sanofi, please visit www.sanofi.com/en/careers.
About Sanofi
We are an innovative global healthcare company, driven by one purpose: we chase the miracles of science to improve people's lives. Our team, across some 100 countries, is dedicated to transforming the practice of medicine by working to turn the impossible into the possible. We provide potentially life-changing treatment options and life-saving vaccine protection to millions of people globally, while putting sustainability and social responsibility at the center of our ambitions.
Sanofi is listed on EURONEXT: SAN and NASDAQ: SNY
Media Relations
Sally Bain | + 1 617 834 6026 | Sally.Bain@sanofi.com
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Investor Relations
Eva Schaefer-Jansen | + 33 7 86 80 56 39 | eva.schaefer-jansen@sanofi.com
Arnaud Delépine | + 33 6 73 69 36 93 | arnaud.delepine@sanofi.com
Corentine Driancourt | + 33 6 40 56 92 21 | corentine.driancourt@sanofi.com
Felix Lauscher | + 1 908 612 7239 | felix.lauscher@sanofi.com
Priya Nanduri | +1 617 764 6418 | priya.nanduri@sanofi.com
Nathalie Pham | + 33 7 85 93 30 17 | nathalie.pham@sanofi.com
Sanofi Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are identified by the words "expects", "anticipates", "believes", "intends", "estimates", "plans" and similar expressions. Although Sanofi's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, the uncertainties inherent in research and development, future clinical data and analysis, including post marketing, decisions by regulatory authorities, such as the FDA or the EMA, regarding whether and when to approve any drug, device or biological application that may be filed for any such product candidates as well as their decisions regarding labelling and other matters that could affect the availability or commercial potential of such product candidates, the fact that product candidates if approved may not be commercially successful, the future approval and commercial success of therapeutic alternatives, Sanofi's ability to benefit from external growth opportunities, to complete related transactions and/or obtain regulatory clearances, risks associated with intellectual property and any related pending or future litigation and the ultimate outcome of such litigation, trends in exchange rates and prevailing interest rates, volatile economic and market conditions, cost containment initiatives and subsequent changes thereto, and the impact that COVID-19 will have on us, our customers, suppliers, vendors, and other business partners, and the financial condition of any one of them, as well as on our employees and on the global economy as a whole. Any material effect of COVID-19 on any of the foregoing could also adversely impact us. This situation is changing rapidly and additional impacts may arise of which we are not currently aware and may exacerbate other previously identified risks. The risks and uncertainties also include the uncertainties discussed or identified in the public filings with the SEC and the AMF made by Sanofi, including those listed under "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in Sanofi's annual report on Form 20-F for the year ended December 31, 2021. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements.
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SOURCE Sanofi | https://www.kxii.com/prnewswire/2022/06/07/sanofi-unveils-new-900000-square-foot-campus-cambridge-crossing/ | 2022-06-07T13:21:04Z |
PORTLAND, Ore. (AP) — Gubernatorial elections in Oregon usually result in victories for the Democrats, but this November’s contest is setting up to be a competitive and contentious three-way race.
Former Oregon House Speaker Tina Kotek won the Democratic nomination for Oregon governor Tuesday. She will face the winner of the GOP gubernatorial primary as well as nonaffiliated candidate Betsy Johnson in the fall. As a nonaffiliated candidate, Johnson did not need to run in a primary race to make the fall ballot.
“This will be a three-way race for the highest office in our state. And this will be an election unlike any of us have ever seen,” Kotek said in her victory speech Tuesday night.
The GOP gubernatorial nominee is still being determined, with former House Minority Leader Christine Drazan holding onto a lead over former Oregon Republican Party Chair Bob Tiernan.
Drazan said Tiernan called her Wednesday afternoon and conceded, which was confirmed by his campaign.
“While all signs point to a victory, we are still waiting for more ballots to be tallied and for the race to be officially called,” Drazan tweeted.
Incumbent Gov. Kate Brown, a Democrat, can’t run again due to term limits.
While Oregon hasn’t seen a GOP governor in 35 years, political experts say Republicans have an opening amid widespread discontent in the state and a possible split in votes between Kotek, a progressive, and Johnson, a former Democratic state senator.
“I think this is the best shot they’ve had in quite a few years,” Christopher McKnight Nichols, an associate professor of history at Oregon State University, said of the GOP party’s chances in November.
In the blue Pacific Northwest state, Republican voters account for about 25% of the state’s total number of registered voters. Democrats and nonaffiliated voters each amount to 34%. Which gubernatorial candidate collects nonaffiliated votes and support from undecided Democrats and Republicans will play a major factor in the November election.
“For Johnson to win she’s going to need to get Independents, Republicans and people who weren’t the low turnout Democrat voters in the primaries — so sort of lukewarm or not as observant regular voting Democrats,” Nichols said.
The only nonaffiliated governor in Oregon’s history was Julius L. Meier from 1931 to 1935.
“The biggest change Oregon can make this year is putting the people back in charge with an independent governor loyal only to Oregonians, not the political extremes,” Johnson tweeted.
The former lawmaker, whose time in the Legislature overlapped with Kotek’s, described the Democratic gubernatorial nominee as “more Kate Brown than Kate Brown” — a common comparison by opponents of Kotek, in hopes of associating her with the current governor’s historically low approval ratings.
Kotek, who wielded the House speaker’s gavel for a record nine years as the Democratic Party increased its power and pushed ambitious progressive agendas, has called Johnson a conservative.
The Portland-based Kotek, beat her biggest Democratic challenger — Oregon State Treasurer Tobias Read — by a comfortable margin Tuesday night. But as someone who held power during a tumultuous time in Oregon, Kotek must convince voters she can improve the state while avoiding blame for its problems.
“I think it’s important to remember that all the Democrats in this race share a similar vision for what we want the state to be,” Kotek said in her victory speech. “We’re all going to work together to make sure we win. That a Democrat — that I win in November, because frankly there is just too much at stake.”
—-
Cline is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. | https://cw33.com/news/politics/ap-politics/oregon-primaries-set-up-competitive-governors-race/ | 2022-05-19T08:48:36Z |
Epson's Mike Pruitt to Present During Label Academy Master Class: Digital Embellishment
LOS ALAMITOS, Calif., Sept. 1, 2022 /PRNewswire/ -- Epson today announced it will be exhibiting at Labelexpo Americas, North America's largest event for the label, product demonstration, web printing, and converting industries. Epson will be showcasing its labeling solutions – including the new SurePress® digital label presses and ColorWorks® on-demand label printers – as well as SureColor® wide-format printers. Epson's solutions and demonstrations will be on display from Sept. 13-15 at the Donald E. Stephens Convention Center in Chicago, Ill. in booth #5821.
During the show, Epson's Mike Pruitt, senior product manager, Industrial Labels, will participate in the Label Academy Master Class on Digital Embellishment on Wed., Sept. 14. Organized by the Label Academy, this five-hour master class offers the necessary technical knowledge and expert guidance that label converters are likely to require when considering a move into the fast-growing field of digital embellishment. Epson's booth is part of the Digital Embellishment Trail, which showcases the latest developments in digital decoration technology.
"Businesses are looking to optimize materials and human resources, making this an ideal time to look at solutions like the SurePress that delivers value with automation by saving substrates and reducing operator press input," said Pruitt. "Labelexpo provides a great opportunity to demonstrate the benefits of Epson's solutions and allow visitors to view in-person demos, see the output quality in person, and talk with product experts."
Epson invites Labelexpo attendees to experience the following innovative solutions at its booth:
- SurePress Prime Label Digital Presses: Epson will be debuting the new UV inkjet digital label press, the SurePress L-6534VW with Orange Ink, and the new L-4733AW water-based resin ink digital label press. The highly automated SurePress L-6534VW, available with Orange Ink or Digital Varnish, enables reliable and repeatable high-speed printing of up to 2 million square feet per month. The SurePress L-4733AW water-based resin ink digital label press is primed for unattended printing and delivers accurate spot colors and gradients required for brand-quality color prime labels and packaging. The new SurePress line offers high levels of print quality, expanded color gamut, consistency, flexibility, and value for label converters, specialty printers and vertical manufacturers. All SurePress models are PANTONE® certified.
- ColorWorks On-Demand Color Label Printers: Designed to give flexibility of printing one or thousands of labels at a time, Epson's ColorWorks portfolio of on-demand, high-quality color label solutions help maximize efficiency and reduce obsolete inventory costs. Epson's newest ColorWorks C4000 compact printer, the eight-inch CW-C6500A and the C7500 for high-speed production environments will be on display in the booth.
- SureColor Resin Printer: The 64-inch SureColor R5070 roll-to-roll printer with water-based resin inks consistently provide professional-quality, short-run labels, decals and traditional signage at remarkable speeds.
- SureColor Solvent Printer: The 10-color 64-inch SureColor S80600 with White and Metallic Silver inks combines with GMG ColorProof and GMG OpenColor software to deliver precise, repeatable color, up to 98.2% PANTONE coverage, and exceptional productivity to the package proofing market.
- SureColor Proofing Printer: The 17-inch SureColor P5000 Commercial Edition includes a Violet ink to deliver an industry-best 99% PANTONE PLUS FORMULA GUIDE solid-coated color matching,1 ideal for commercial and flexographic proofing applications.
For additional information about Epson's professional printing solutions, visit www.epson.com/label-printers or www.epson.com/proimaging.
About Epson
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion. global.epson.com/
Epson America, Inc., based in Los Alamitos, Calif., is Epson's regional headquarters for the U.S., Canada, and Latin America. To learn more about Epson, please visit: epson.com. You may also connect with Epson America on Facebook (facebook.com/Epson), Twitter (twitter.com/EpsonAmerica), YouTube (youtube.com/epsonamerica), and Instagram (instagram.com/EpsonAmerica).
1 99% coverage of PANTONE PLUS FORMULA GUIDE solid-coated palette based on Epson Proofing Paper White Semimatte printed with the Epson Driver at 2880 x 1440 dpi. PANTONE coverage may vary when printed under other conditions.
EPSON, ColorWorks, SureColor, and SurePress are registered trademarks and EPSON Exceed Your Vision is a registered logomark of Seiko Epson Corporation. All other product and brand names are trademarks and/or registered trademarks of their respective companies. Epson disclaims any and all rights in these marks. Copyright 2022 Epson America, Inc.
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SOURCE Epson America, Inc. | https://www.wibw.com/prnewswire/2022/09/01/epson-showcase-industry-leading-label-printing-packaging-solutions-labelexpo-americas-2022/ | 2022-09-01T07:36:28Z |
LOS ANGELES, May 31, 2022 /PRNewswire/ -- Athos Therapeutics, Inc. (the "Company"), a late-stage preclinical biotech company using artificial intelligence to develop small molecule therapeutics for immune-mediated diseases and cancer, announced today that Yiannis Monovoukas, PhD, MBA, and Monte Stettin were appointed as advisors and observers to the Board of Directors of Athos Therapeutics.
"I am delighted to join the Athos Board of Directors as an observer," said Dr. Monovoukas. "This is an exciting time for Athos as we're about to begin a first-in-human clinical trial with the company's lead molecule with applications across different autoimmune diseases and cancer. The Athos team has developed an impressive platform technology and I look forward to assisting them with future strategic options."
"It is a great privilege to join the Athos team in an advisory role and join as a Board of Directors Observer," said Mr. Stettin. "Athos has an extraordinary corporate culture, and a team that works nimbly, doing in months what takes others years to achieve. Their leadership, team, and boards are top notch and function in unity with great mutual respect and seamless cooperation. This is a company that will be highly disruptive and make history."
"Dr. Monovoukas is a highly experienced and successful entrepreneur and Mr. Stettin is advising us on the development and expansion of our computational platform. Both have strong business acumen and it is our pleasure and honor to have them as advisors to our board," said Dimitrios Iliopoulos, PhD, MBA, President & CEO.
"We are very pleased to welcome Yiannis Monovoukas and Monte Stettin as observers to our Board of Directors," said Allan Pantuck, MD, MS, FACS, Chairman, Founder & CMO. "Both of these valuable additions bring to our Board decades of experience at the intersection of technology and life sciences, including in the commercialization of new therapeutics. Their expertise will be invaluable as Athos moves into the clinical and commercialization phases of development."
Monte Stettin is the Founder and CEO of Mahler Development Company as well as an advisor to a number of businesses and philanthropies. Mr. Stettin is a C class executive and entrepreneur with a career spanning publishing, advertising, entertainment and media, real estate development, design, invention, alternative energy, medical devices, software, and healthcare with a strong interest in exponential technologies and their deployment to improve the lives of the bottom billions. Monte is a benefactor of Singularity University, public speaker, connector and change agent residing in Beverly Hills California.
Yiannis Monovoukas, PhD, MBA, is the Founder, President, and CEO of Helios Cardio Inc., the cofounder and Managing Partner at SpringTide Investments, and the cofounder and Managing Partner at Falcon III Ventures. Dr. Monovoukas was previously the cofounder, President, and CEO of AuraGen Aesthetics, the Chairman, President, and CEO of TEI Biosciences, and the President and CEO of Thermo Fibergen. Yiannis holds an MBA from Harvard Business School and a PhD in Chemical Engineering from Stanford University. Dr. Monovoukas was winner of the prestigious Ernst & Young Entrepreneur of The Year® 2011 Award for New England in Life Sciences, and was a 2011 Life Sciences US National Finalist.
The Mission of Athos Therapeutics is to develop first-in-class medications that will significantly impact the lives of patients with autoimmune disorders, chronic inflammatory diseases, and cancer. Athos is a late-stage preclinical biotech company developing small molecule therapeutics for immune-mediated diseases and cancer using artificial intelligence-generated innovative chemistry and computational platforms. The co-founders of Athos include one of the founders of Kite Pharma (acquired for $12B), the medicinal chemist behind two multi-billion-dollar FDA-approved drugs (Xtandi & Erleada), and the discoverer of the miR-124 drug target, currently in a Phase III IBD trial. Athos identifies novel drug targets (hubs) by integrating clinical and molecular datasets into the biological network of a disease (the disease interactome) and matches them to its small molecule computational chemistry platform. ATH-63, the Company's lead drug compound, is moving into a Phase Ia human clinical trial in 2022. The Athos pipeline includes small molecule approaches for various autoimmune disease and cancer.
Additional information about Athos Therapeutics can be found at https://athostx.com/
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SOURCE Athos Therapeutics | https://www.mysuncoast.com/prnewswire/2022/05/31/yiannis-monovoukas-monte-stettin-noted-executives-entrepreneurs-appointed-advisors-observers-board-directors-athos-therapeutics/ | 2022-05-31T16:50:19Z |
PITTSBURGH, Aug. 2, 2022 /PRNewswire/ -- "I came up with this item while braiding my two daughter's hair and half way through I would get tired," said the inventor from Jonesboro, Ga. "I created this device to help an individual while they are braiding hair to make the process easier."
She invented DM INVENTION that reduces the time it would normally take to portion the braiding hair. Hairstylists could utilize this system to keep their stations neat, clean and organized, which could contribute to greater customer satisfaction. This device could help save time and energy while working and help a stylist book more clients. Additionally, this could help the stylist easily and effortlessly change the braid size with the use of this device.
The original design was submitted to the Atlanta sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-AAT-4702, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/08/02/inventhelp-presents-braiding-assistant-device-aat-4702/ | 2022-08-02T18:54:34Z |
The leading behavioral and mental health technology company has been chosen as a Top Performer in the Mental Health Software category by its users on the Capterra software review platform.
NEW YORK, August 4, 2022 /PRNewswire/ -- Capterra recently released its 2022 Mental Health Software Shortlist and gave Rethink Behavioral Health its top ranking based on customer reviews. The recognition comes as Rethink celebrates its user base growing to 30,000+ clinicians logging over 20MM clinical data points per year. These customers rely on Rethink's all-in-one software solution to help them run and grow their practice, maintain and attract new clients, and retain employees while prioritizing their continued development.
Rethink Behavioral Health received a Capterra popularity score of 43/50, the highest in its category, and a rating score of 47/50, the equivalent of a 4.4-star review average. The popularity score is the relative popularity of the software based on web search trends and web presence, while the rating score reflects the reviews given to the software by its users on Capterra. With 40+ reviews on its profile celebrating the world-class customer service and product innovation users enjoy, Rethink stands apart from its competitors. Built to support the needs of clinicians with its full HIPAA-compliant data suite and the industry's first evidence-based calculator for the recommended range of treatment prescription, users feel supported by a stable solution that continues to evolve to meet their needs.
"We are very excited to be recognized by our customers as the go-to solution for growing your practice, managing your operations, and investing in your people," said Jamie Pagliaro, Executive Vice President & Chief Learning Officer at RethinkFirst. "Our efforts to innovate and shape the mental health software space have paid off in the dedication of our customer base who work alongside us to improve outcomes for children every day. We are thankful to them for this award, and we promise to keep showing up for them the way they do for us."
The full Mental Health Software Shortlist can be found here.
Rethink Behavioral Health provides ABA clinical tools, telehealth and parent portal, practice management and training products, billing software, and medical billing services. They work with startups, growing practices, and enterprises to provide their software products to businesses with a range of staff and patient sizes and different needs. The SaaS provider supports companies in growing their practices, improving outcomes, and improving operational efficiency.
RethinkFirst is a global health technology company providing cloud-based treatment tools, training, and clinical support to employers, educators, and behavioral health professionals. Rethink's award-winning solutions serve thousands of clients globally, including nearly one-third of the Fortune 100 and many of the country's largest public-school systems and health plans. Each of Rethink's award-winning solutions incorporates evidenced-based protocols, workflow automation, and advanced data analytics to drive meaningful clinical outcomes and improved performance for customers and the communities that they serve.
For more information, visit the Rethink Behavioral Health website or contact us at info@rethinkbh.com.
For media inquiries please email press@rethinkfirst.com.
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SOURCE RethinkFirst | https://www.kxii.com/prnewswire/2022/08/04/rethink-behavioral-health-recognized-top-customer-focused-solution/ | 2022-08-04T12:43:35Z |
KNOXVILLE, Tenn., June 13, 2022 /PRNewswire/ -- The undergraduate supply chain management program in the University of Tennessee, Knoxville's Haslam College of Business rose four places, from No. 6 to No. 2, in Gartner's 2022 rankings of top North American undergraduate supply chain management programs. This marks 11 years running that the program has ranked in Gartner's top 10.
Lane Morris, associate dean of undergraduate studies and student affairs and Ergen Professor in Business, said it was an honor for Haslam to be recognized by Gartner as one of the top programs in North America during every year of the ranking's history.
"We are proud of our faculty and students' impact on the industry," Morris said. "Through our faculty's commitment and leadership and our students' capabilities, the college is helping organizations across the continent shape and influence the future of supply chain management."
Gartner, Inc, is a highly respected technological research and consulting firm based in Stamford, Connecticut. Supply chain leaders use its rankings to identify programs best equipped to support their growing talent needs. Gartner noted that beyond standard curricula, supply chain leaders must look at such factors as programs' investment in experiential learning and diversity, equity and inclusion. Also, they should examine whether programs are accounting for the industry challenges uncovered during the Covid-19 pandemic by including risk and sustainability elements in their curricula.
"Our department has worked for years to establish a broad, integrated supply chain management curriculum that keeps abreast of ongoing developments in supply chain management and provides students with both extensive knowledge of the industry and a strong foundation of practical skills," John Bell, head of the department and Gerald T. Niedert Professor in Supply Chain Management, said. "This ranking indicates that those efforts are moving the program in the right direction."
Gartner's rankings are based on surveys of supply chain programs at universities in the U.S. and Canada. In total, 55 undergraduate programs provided complete responses. The final ranking of the programs is based on a composite score of three categories including program scope, industry value and program size.
The Haslam College of Business has one of the most comprehensive, forward-thinking and highly regarded supply chain programs in the world. U.S. News & World Report and Gartner consistently rank it among the top five programs. An advisory board of more than 40 industry professionals informs its curriculum, and students develop applied skills to help improve organizational performance through supply chain management.
To schedule media interviews or learn more about UT Haslam's SCM offerings,
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SOURCE University of Tennessee, Knoxville's Haslam College of Business | https://www.wibw.com/prnewswire/2022/06/13/uts-haslam-undergraduate-supply-chain-program-rises-no-2-distinguished-gartner-ranking/ | 2022-06-13T15:51:21Z |
Seasoned GRA from Chicago Marriott Downtown earns third annual award
NORTHBROOK, Ill., May 26, 2022 /PRNewswire/ -- UMF Corporation today announced that Mabel Castro, guest room attendant (GRA) at the Chicago Marriott Downtown, has earned the company's third annual Guest Room Attendant Excellence Award. UMF established the GRA Excellence Award in 2020 to acknowledge the crucial role GRAs play in ensuring hotel guest safety, satisfaction, and loyalty in the COVID-19 era.
"In the more than 15 years that Mabel has worked for Marriott, she has been recognized countless times by our guests for going above and beyond," said Chicago Marriott Downtown Director of Services Victoria DeSantis. "She consistently exceeds our guests' expectations, exuding positive energy, remembering our return guests, and creating personal connections with them. Our guests often specifically request Mabel as their GRA because of these connections and her impeccable attention to detail. Her dedication to Marriott is admirable and well known throughout the hotel. She always upholds Marriott's exacting brand standards, no matter what task she is undertaking."
In accordance with the CDC, Safe Stay guidelines from the American Hotel and Lodging Association (AHLA) recommend that hotel surfaces frequently touched by multiple people should be cleaned and disinfected at least daily. More frequent cleaning and disinfection may be required based on level of use and local infection risk in locations including: front desk check-in counters, bell desks, elevators and elevator buttons, door handles, public bathrooms, stairwells, vending machines, ice machines, room keys and locks, ATMs, escalator and stair handrails, gym equipment and shower areas, pool seating and surrounding areas, dining surfaces, and all seating areas.
In the guest room, the AHLA recommends that housekeeping staff focus on high-touch areas and hard non-porous items including: television remote controls, toilet seats and handles, door and furniture handles, water faucet handles, nightstands, telephones, in-room control panels, light switches, temperature control panels, alarm clocks, and luggage racks. The ABCs of Housekeeping, which evolved from an infection prevention program created for acute care hospitals, details the precise steps for mitigating the risk of cross-contamination throughout the hotel to ensure the safest possible guest and employee environment.
"We are honored to recognize Ms. Castro's dedication to meeting the ever-increasing standards of cleanliness and hygiene in the hospitality industry," said UMF Corporation CEO George Clarke. "Over the course of her career, she has committed herself to learning new approaches, making improvements, and sharing those best practices with her team. Responsible for carrying out industry-recommended cleaning and disinfection protocols, GRAs such as Ms. Castro are on the front lines of preventing infection in hospitality. She encompasses GRA excellence."
Three additional GRAs were selected as finalists for the 2021 award. They include:
- Maria Trejo, The Tremont House Hotel, Galveston, Tex.
- Delmy Bonilla, Sheraton Commander Hotel, Cambridge, Mass.
- Esther Lopez, Residence Inn, Manchester, NH
As the 2021 GRA Award recipient, Castro will receive an all-expenses paid trip for two, including airfare, to a location of her choice within the 48 contiguous states.
About UMF Corporation
UMF Corporation is the leader in the research and development of high-performance products, programs, and training for the infection prevention and commercial cleaning markets. Through extensive testing, exhaustive analysis and the commitment of significant human and financial resources, new antimicrobial technologies have been merged with innovative product designs that are redefining the future of clean®. LinkedIn.
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SOURCE UMF Corporation | https://www.mysuncoast.com/prnewswire/2022/05/26/umf-corporation-names-mabel-castro-national-guest-room-attendant-excellence-award-recipient/ | 2022-05-26T16:34:06Z |
Good Dogg Beverage has signed with distributors in Connecticut, Massachusetts, and Rhode Island, bringing premium hard seltzers with a heartwarming purpose to consumers throughout New England.
MELBOURNE, Fla., April 13, 2022 /PRNewswire/ -- Good Dogg Beverage, a purpose-driven company that launched its premium hard seltzer in the fall of 2021, announced that it has secured agreements with distributors covering three New England states and is opening a regional office in Cranston, Rhode Island.
The expanding list of companies that will distribute Good Dogg Beverage's products starting in May of 2022 includes Quality Beverage, an independently-owned Massachusetts beer wholesaler, East Coast Beverage of Rhode Island, Craft Beer Guild of Connecticut (part of the Sheehan Family), and Berkshire Brewing Company, a full-service distribution company throughout Massachusetts.
The expansion of Good Dogg Beverage across New England signals early excitement for the growing premium hard seltzer brand whose Leverage the Beverage™ program gives profits from every sale to provide kids with rare diseases affordable access to service dogs. They also network with animal shelters to help rescue dogs in the regions they serve.
Good Dogg Beverage is partnering with Liquid Opportunities to manage the national distribution of the line of fruit-forward seltzers that premiered with its commercial launch in September of 2021 (in distribution partnership with Quality Beverage) at Teddy Gallagher's Irish Pub in Franklin, Massachusetts, the birthplace of the idea for Good Dogg.
John Guhring of Liquid Opportunities says Good Dogg Beverage's early momentum with alcohol distributors and retailers outpaces what he typically sees in the competitive, hard seltzer category. He attributes the success to the heartfelt story behind the brand and the positive emotions and strong connection the Leverage the Beverage™ mission creates.
"A growing number of consumers in every category are looking for products that enhance their lives while making things better for someone else," says Guhring. "Good Dogg Beverage lets people be part of an inspiring, heartwarming story while enjoying a quality, premium hard seltzer experience. It's different and exciting, and people are feeling that."
Good Dogg Beverage's new regional office in Cranston, Rhode Island, will open in May to help foster strong connections with the company's local business and charity partners in New England.
Good Dogg Beverage's CEO and Founder, Tony Venturoso, spent most of his life in Boston and is committed to serving the area he says embodies the spirit of the Good Dogg brand.
"Where I grew up, there were always good people around who were willing to lend a hand wherever they could," says Venturoso. "It wasn't something we talked about; it is a way of being and showing up for each other that runs deep in this part of the country and in the culture and purpose of Good Dogg."
Good Dogg Beverage Premium Hard Seltzers will be available on store shelves in late spring of 2022.
About Good Dogg Beverage
Good Dogg Beverage is a purpose-driven, fruit-forward seltzer brand on a mission to put more heart into hard seltzer with their Leverage the Beverage™ campaign. The company gives a portion of every sale to fund scholarships that ensure children with rare diseases have affordable access to service dogs.
Good Dogg Premium Hard Seltzers come in four flavors: Orange Mango, Black Cherry, Cucumber Lime, and Dragonfruit. Good Dogg seltzers have 90 calories, 0 carbs, 0 sugar, and are 4.5% ABV. Visit gooddoggbeverage.com to learn more about how you can join Good Dogg in bringing more heart to hard seltzer.
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SOURCE Good Dogg Beverage | https://www.kxii.com/prnewswire/2022/04/13/good-dogg-beverage-secures-distribution-across-three-new-england-states-opens-regional-office/ | 2022-04-13T18:33:58Z |
KANSAS CITY, Mo., Sept. 12, 2022 /PRNewswire/ -- BioMed Valley Discoveries (BVD) announced that the first patient has been dosed in a phase II clinical trial of ulixertinib (BVD-523) in combination with hydroxychloroquine (HCQ). Ulixertinib is a first-in-class and best-in-class ERK inhibitor, with this clinical trial focusing on patients with advanced gastrointestinal malignancies and mutations in the MAPK pathway. This study builds upon the finding of the phase I study of the combination, which was completed at Huntsman Cancer Institute at the University of Utah.
"Combining an ERK inhibitor with an autophagy inhibitor is anticipated to take advantage of the finding that tumors may become addicted to autophagy for survival in context of MAPK inhibition" said Brent Kreider, Ph.D., President of BioMed Valley Discoveries. "Given the favorable safety profile and efficacy seen with ulixertinib monotherapy, we believe that the combination with hydroxychloroquine has the potential to provide significant benefit to patients with advanced gastrointestinal malignancies."
The Phase II efforts build on a successful Phase Ib evaluating ulixertinib monotherapy as a novel targeted cancer treatment in cohorts of patients with genetic alterations that result in aberrant MAPK pathway signaling. Results from phase Ib demonstrated ulixertinib has an acceptable safety profile and early evidence of clinical activity against a wide range of RAS/MAPK pathway-driven cancers, including atypical alterations in BRAF.
In addition to targeting the terminal node of the RAS/MAPK pathway, ulixertinib's highly selective kinase inhibition profile is expected to provide potential impact across a number of tumor types in both monotherapy and combination. Previous efforts have also established a recommended phase 2 dose in combination with palbociclib, with additional combination efforts ongoing.
About ulixertinib (BVD-523): Ulixertinib is a first-in class and best-in class small molecule inhibitor of extracellular signal-regulated kinase (ERK) family kinases (ERK1 and ERK2) that is being developed as a novel anti-cancer drug. ERK kinases are downstream components of the mitogen-activated protein kinase (MAPK) signaling cascade (RAS-RAF-MEK-ERK). Ulixertinib has demonstrated promising early efficacy for patients with tumors harboring alterations in the MAPK pathway.
About the study: This is an open-label, multicenter, prospective phase II basket trial assessing the efficacy of ulixertinib in combination with hydroxychloroquine in patients with advanced gastrointestinal malignancies. All patients recruited must have a mitogen-activated protein kinase (MAPK) activating mutation to be deemed eligible for trial participation. Each disease-based basket will open to enrollment in two-stages and includes pancreatic, colorectal, esophageal, gastric and cholangiocarcinomas . (Clinicaltrials.gov Number NCT05221320).
About BioMed Valley Discoveries (BVD): BioMed Valley Discoveries is a clinical stage biotechnology company focused on addressing unmet medical needs in a variety of therapeutic and diagnostic areas. In addition to the ERK inhibitor, BVD's portfolio includes an oncolytic bacteria that has completed enrollment for a Phase I study, and two early-stage antibodies targeting the tumor microenvironment.
Operating since 2007, BioMed Valley Discoveries was established by Jim Stowers Jr., founder of the asset management firm American Century Investments, and his wife Virginia, to advance new medical innovations to improve the lives of patients with difficult-to-treat diseases. BVD is owned by a supporting organization of the Stowers Institute for Medical Research, a non-profit, basic biomedical research organization. Since 2000, the endowment of the Stowers Institute has received over $1.7 billion in dividend payments from American Century. The Institute has invested a portion of its endowment in BVD, whose profits accrue to the benefit of the Institute. For more information, visit www.biomed-valley.com.
Media Contact
Joe Chiodo, Head of Media Relations
724-462-8529
Joe.chiodo@stowers.org
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SOURCE BioMed Valley Discoveries | https://www.kxii.com/prnewswire/2022/09/12/biomed-valley-discoveries-announces-first-patient-dosed-phase-ii-combination-trial-with-ulixertinib-bvd-523-its-first-in-class-best-in-class-erk-inhibitor-combination-with-hydroxychloroquine/ | 2022-09-12T12:12:44Z |
GREEN BAY, Wis. (WFRV) — A dog recently found tied to a fire hydrant in Green Bay, Wisconsin, will be available for adoption soon, the Wisconsin Humane Society said Tuesday.
In a heartfelt Facebook post, the animal shelter confirmed it has been in contact with the previous owner of the dog, whose name is Baby Girl, and is honoring the former owner’s wishes to find the pup a new home.
“We passed along supportive resources that have been offered to her from this generous community. She expressed her gratitude and happiness knowing Baby Girl would be finding her next loving home soon,” wrote the shelter.
Can you adopt Baby Girl yet?
In the same post, the humane society wrote that Baby Girl is expected to go up for adoption before the weekend of May 14 at the WHS Green Bay Campus. However, WHS added that Baby Girl will need a special family that can support her costly medical needs.
The animal shelter’s veterinary team has determined Baby Girl has diabetes mellitus (canine diabetes), which impacts her blood sugar and causes it to elevate.
The team currently has Baby Girl on a management plan and said she is responding well to treatment.
What Baby Girl’s new family will need
Baby Girl’s medical care will be a lifelong commitment, and her new family will need to work with a veterinarian on a plan, which is expected to include daily glucose monitoring, a restricted diet and at-home insulin injections.
WHS explained that diabetes mellitus is an expensive disease to manage and requires a monthly purchase of insulin and potentially other medical supplies. The shelter estimates this could be hundreds of dollars a month (depending on a veterinarian’s assessment and the cost of supplies in your area).
Baby Girl will also need routine veterinary visits with full physical exams, bloodwork, urinalysis, and/or other diagnostics.
“While diabetes can be costly and tough to manage, we know there is a loving adopter out there for this special girl!” the shelter wrote.
When Baby Girl is adopted, WHS explained, it will provide initial prescriptions and a glucose sensor to the new family.
Answering some questions
WHS has explained it will allow adopters from out of state, but it is not able to transport animals to adopters. The shelter also said it does not accept holds on animals.
In addition, WHS recommended that Baby Girl would do best in a home without cats or small animals.
What to do next
If you are looking to adopt this “wonderful goofball with a heart of gold,” WHS staff asks you to check the Wisconsin Humane Society website daily.
Once you see she is listed as available for adoption, you can stop by the WHS Green Bay Campus at 1830 Radisson Street during adoption hours (Tues-Fri: 2-6 p.m., Sat: 12-5 p.m.)
It is first-come-first-serve and wait times may vary depending on how many people want to meet with adoption counselors.
“The international response to this pup’s story has been overwhelming, and the outpouring of kindness for her previous owner has truly filled our hearts to the brim,” the shelter wrote. | https://cw33.com/news/dog-found-tied-to-fire-hydrant-in-wisconsin-soon-up-for-adoption/ | 2022-05-11T21:14:38Z |
- Design concept sketch previews the aerodynamically-sculpted streamliner silhouette for the new EV era
- IONIQ 6's unique and timeless design to be fully unveiled later this month
SEOUL, South Korea, June 20, 2022 /PRNewswire/ -- Hyundai Motor Company today revealed a design concept sketch of its highly anticipated IONIQ 6, the second model in Hyundai's IONIQ all-electric vehicle lineup brand.
The concept sketch depicts the unique and streamlined silhouette of the IONIQ 6. Inspired by the company's Prophecy concept EV, IONIQ 6 will be communicated as the Electrified Streamliner with clean, simple lines and a purely aerodynamic form. The streamliner design typology evident in the sketch reflects Hyundai designers' commitment to satisfy both aesthetic and functional needs of customers in the electric mobility era.
The IONIQ 6 takes advantage of Hyundai Motor Group's Electric Global Modular Platform (E-GMP) to provide a stretched wheelbase and optimized interior design.
In the coming days, additional IONIQ 6 teaser images will be revealed on Hyundai's official social media channels and IONIQ 6 Campaign Page (https://ioniq6.hyundai.com). Hyundai Motor will fully unveil both exterior and interior designs of its new electrified streamliner later this month.
About Hyundai Motor Company
Established in 1967, Hyundai Motor Company is present in over 200 countries with more than 120,000 employees dedicated to tackling real-world mobility challenges around the globe. Based on the brand vision 'Progress for Humanity,' Hyundai Motor is accelerating its transformation into a Smart Mobility Solution Provider. The company invests in advanced technologies such as robotics and Urban Air Mobility (UAM) to bring about revolutionary mobility solutions, while pursuing open innovation to introduce future mobility services. In pursuit of sustainable future for the world, Hyundai will continue its efforts to introduce zero emission vehicles equipped with industry-leading hydrogen fuel cell and EV technologies.
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SOURCE Hyundai Motor Company | https://www.kxii.com/prnewswire/2022/06/20/hyundai-motors-ioniq-6-teased-concept-sketch/ | 2022-06-21T00:08:35Z |
30-year industry veteran led company's transition to remote work and oversaw record growth
PEWAUKEE, Wis., May 26, 2022 /PRNewswire/ -- Inlanta Mortgage, a fast-growing independent mortgage lender with 39 branch offices in 27 states, announced that Paul Buege has been promoted to CEO. Buege has been serving as Inlanta's president and COO and will retain those responsibilities in addition to his new role.
"I am delighted to place Inlanta's strategic direction in Paul's capable hands," said Inlanta Mortgage Chairman John Knowlton. "Paul has been instrumental to our record origination volumes over the past few years. He is an inspiring leader who has the expertise and experience to guide Inlanta's continued growth and success."
A 30-year mortgage industry veteran, Buege joined Inlanta in 2013 as the company's COO and has served as president since 2018. Buege was responsible for removing walls within the company and creating a workplace culture where everyone's input is valued and acted upon.
He also played a key role in advancing the use of Inlanta's Advisory Board, which is comprised of company leaders who are elected to three-year terms by all employees to ensure everyone has a voice in the direction of the company. The Advisory Board provides Inlanta's leadership team with valued guidance and input used in shaping the company's policies and strategies.
During Buege's tenure with the company, Inlanta was named a top Workplace by the Milwaukee Journal Sentinel seven times and has been named one of National Mortgage News' Best "Mortgage Companies to Work For" each the past four years. In the heavy winter of late 2019 and early 2020, he led Inlanta's transition to a remote workforce in order to continue closing loans on time, which fortuitously coincided with the start of the pandemic.
In 2020, Buege received a HousingWire Vanguard Award, which recognizes top leaders making vital contributions to in the mortgage and housing industries.
"I am thrilled to take on the role of CEO," Buege said. "I look forward to leading Inlanta's growth and continuing to open new offices around the country."
Previously, Buege served in senior and C-level positions at national, independent mortgage banks. He began his career at Fleet Mortgage Corporation, where he was promoted several times. Fleet was later acquired by Washington Mutual Bank.
About Inlanta
Inlanta Mortgage is a fast-growing independent mortgage banker with 39 branch offices and a current network of more than 300 mortgage experts licensed throughout 27 states. Founded in 1993, the Pewaukee, Wisconsin-based company is one of the nation's oldest independent mortgage lenders, providing exceptional service and a large suite of loan programs designed to help homebuyers achieve their mortgage financing goals.
Inlanta Mortgage has been named a National Mortgage News' "Best Mortgage Companies to Work For" in 2019, 2020, 2021 and 2022. It has been named a Milwaukee Journal Sentinel Top Workplace for many years, most recently in 2022. The company has also been on Social Survey's "Top 10 Mortgage Companies in Customer Satisfaction" for five consecutive years. Inlanta has been consistently recognized as one of the "50 Best Mortgage Companies to Work For" by Mortgage Executive Magazine and one of the country's "Top Mortgage Employers" by National Mortgage Professional. For more information about Inlanta Mortgage, please visit Inlanta.com.
Press Contact
Mary McGarity
Strategic Vantage Marketing & Public Relations
(203)260-5476
MaryMcGarity@StrategicVantage.com
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SOURCE Inlanta Mortgage | https://www.mysuncoast.com/prnewswire/2022/05/26/inlanta-mortgage-promotes-paul-buege-ceo/ | 2022-05-26T16:29:30Z |
John Theurer Cancer Center Investigators Participate in Large Pivotal International Study
HACKENSACK, N.J., June 3, 2022 /PRNewswire/ -- Hackensack Meridian John Theurer Cancer Center investigators participated in the large phase III multicenter SHINE study, which reported that using the drug ibrutinib (Imbruvica®) in combination with standard bendamustine and rituximab (BR) therapy as initial treatment for mantle cell lymphoma (MCL) slowed disease growth by 52% in older people newly diagnosed with the disease. The treatment could become the new standard of care for older people with MCL, who may not be able to tolerate more intensive treatment regimens. The study was published in the New England Journal of Medicine on June 3, 2022.
"The field of mantle cell lymphoma treatment continues to evolve. The standard of care for elderly patients — who account for more than half of all people diagnosed with mantle cell lymphoma and who are not eligible for high-dose therapy upfront — has most frequently been chemoimmunotherapy with bendamustine and rituximab. Over time, however, most patients relapse," explained Andre Goy, M.D., M.S., chairman and executive director of John Theurer Cancer Center, who led the center's participation in the SHINE study. "Ibrutinib was the first inhibitor of the BTK protein approved for MCL, and it has been a game changer for patients with relapsed or persistent disease. Logically, the next step was to bring it to the frontline setting, which was the subject of the SHINE clinical trial."
In this study, previously untreated MCL patients aged 65 and older were randomly assigned to receive six cycles of BR with either ibrutinib (261 patients) or a placebo (262 patients). Patients who responded to treatment received up to 12 additional doses of rituximab as maintenance therapy. Researchers compared progression-free survival (PFS, the time it took for the cancer to continue growing) between the two groups.
Adding ibrutinib to BR dramatically improved the outcome. After a median follow-up of 7 years, PFS was 6.7 years in the BR+ibrutinib arm versus 4.4 years for the BR+placebo group. Concluded Dr. Goy, "This is highly significant and could easily translate into BR+ibrutinib becoming the next standard of care."
Hackensack Meridian John Theurer Cancer Center is New Jersey's largest and most comprehensive center dedicated to the diagnosis, treatment, management, research, screenings, and preventive care as well as survivorship of patients with all types of cancers. The 14 specialized divisions covering the complete spectrum of cancer care have developed a close-knit team of medical, research, nursing, and support staff with specialized expertise that translates into more advanced, focused care for all patients. Each year, more people in the New Jersey/New York metropolitan area turn to John Theurer Cancer Center for cancer care than to any other facility in New Jersey. John Theurer Cancer Center is a part of the Georgetown Lombardi Comprehensive Cancer Center, an NCI-designated Comprehensive Cancer Center. Housed within a 775-bed not-for-profit teaching, tertiary care, and research hospital, John Theurer Cancer Center provides state-of-the-art technological advances, compassionate care, research innovations, medical expertise, and a full range of aftercare services that distinguish John Theurer Cancer Center from other facilities. For additional information, please visit www.jtcancercenter.org.
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SOURCE Hackensack University Medical Center | https://www.wibw.com/prnewswire/2022/06/03/benefit-adding-ibrutinib-bendamustinerituximab-frontline-treatment-mantle-cell-lymphoma-first-phase-iii-trial-changing-paradigm-care-elderly-patients/ | 2022-06-03T19:56:12Z |
A Quarter of Americans Will Take "Multi Micro-Cations" this Summer, According to Allianz Partners USA's 14th Annual Vacation Confidence Index
RICHMOND, Va., June 28, 2022 /PRNewswire/ -- Americans are looking to take quick getaways this summer, favoring a "micro-cation" versus the traditional week-long vacation, according to a new survey from Allianz Partners USA.
Link to download graphic: HERE.
Since coining the term in 2019, the travel insurance and assistance company has followed Americans' intent to take a micro-cation, defined as a leisure trip at least 100 miles away from home that's four nights or fewer in duration.
According to this year's 14th annual Vacation Confidence Index, more than half of respondents (53%) say their next vacation will be a micro-cation and almost a quarter (23%, up two points from last year) are planning multiple micro-vacations, aka 'multi micro-cations,' a new travel trend identified in last year's Vacation Confidence Index.
Seven in ten (71%, up from 67% last year) Americans will travel away from home between now and September for at least one night, and four in ten (39%, up from 34% last year) are planning multiple trips away from home this summer.
The average number of trips Americans anticipate taking away from home this summer is 1.4, up from 1.2 last year. Younger Americans ages 18-34 (44%) and men (40%) are leading the multiple trips trend, planning two or more between now and September.
The survey also revealed how spending habits change based on the duration of the trip. For one-night micro-cationers, the average anticipated spend is $606; for travelers planning a two-night getaway, the average is $410 per night. The anticipated average spend drops for three- and four-nights away, with a $325 average per night and $323 average per night, respectively.
"The Summer travel season is here, and Americans are taking advantage of those banked vacation days," said Daniel Durazo, director of external communications at Allianz Partners USA. "Whether it's a road trip, a getaway to the mountains or to the beach for some R&R, Americans are planning quick getaways, and many are planning multiple trips to help satisfy their desire for travel. For frequent travelers, an annual travel insurance policy covering a year's worth of travel is a great idea, offering convenience and value."
The Vacation Confidence Index has been conducted each summer since 2010 by national polling firm Ipsos Public Affairs on behalf of Allianz Partners USA.
In March 2021, Allianz Partners announced enhancements*** to many of its travel insurance products in most states through an Epidemic Coverage Endorsement. Products that include this endorsement may provide coverage to customers who become ill with COVID-19 or a future epidemic, are individually ordered to quarantine, or are denied boarding due to a suspected illness. These products also may cover emergency medical care and transportation or provide reimbursement for change fees and loyalty points deposit fees if the customer becomes ill with an epidemic disease. Availability of the Epidemic Coverage Endorsement, and specific covered reasons under that endorsement, varies by product and by state. See your plan for details.
Allianz Partners offers travel insurance through most major U.S. airlines, leading travel agents, online travel agencies, hotel companies, cruise lines and directly to consumers. For more information on Allianz and available travel policies, please visit http://www.allianztravelinsurance.com/.
*Methodology: These are the findings of an Ipsos poll conducted on behalf of Allianz Partners USA. For this survey, a sample of 2,011 Americans aged 18+ was interviewed from May 2 to 4, 2022, via the Ipsos Online Omnibus. The precision of Ipsos online polls is measured using a credibility interval. In this case, the results are accurate to within +/- 2.5 percentage points, 19 times out of 20, of what the results would have been had all American adults been polled. Quota sampling and weighting were employed in order to balance demographics and ensure that the sample's composition reflects that of the actual U.S. population, according to data from the U.S. Census Bureau. Credibility intervals are wider among subsets of the population.
In the United States, Allianz Partners USA (AGA Service Company) offers Allianz Travel-branded travel protection plans and serves millions of customers each year. In addition to travel protection, the company offers event ticket protection, registration protection for endurance events and unique travel assistance services such as international medical assistance and concierge services. AGA Service Company is doing business as Allianz Global Assistance Insurance Agency in California (License # 0B01400) and Massachusetts. Allianz Partners USA is part of the Allianz Partners group. Allianz Partners is a world leader in B2B2C insurance and assistance, offering global solutions that span international health and life, travel insurance, mobility and assistance. Customer driven, our innovative experts are redefining insurance services by delivering future-ready, high-tech, high-touch products and solutions that go beyond traditional insurance. Present in over 75 countries, our 19,400 employees speak 70 languages, handle over 58 million cases each year, and are motivated to go the extra mile to offer peace of mind to our customers around the world.
*** While the new Epidemic Coverage Endorsement adds certain covered reasons that apply to specific epidemic-related situations, products otherwise generally do not cover claims due to known, foreseeable, or expected events, epidemics, government prohibitions, warnings, or travel advisories, or fear of travel, and coverage can vary by state. Please see our Coverage Alert for information about other temporary accommodations that may be available. Benefits for quarantines only apply when an eligible traveler is specifically named and individually ordered to quarantine by order or official directive of a government, public regulatory authority, or the captain of a commercial vessel on which that eligible traveler is booked to travel during the covered trip, based on that eligible traveler's exposure to COVID-19. The benefit does not cover travel restrictions (whether or not they are referred to as "quarantine") that apply generally or broadly (a) to some segment or all of a population, geographical area, building, or vessel (including without limitation shelter-in-place, stay-at-home, safer-at-home, or other similar restriction), or (b) based on to, from, or through where the person is traveling. Coverage may not cover the full cost of your quarantine and is subject to applicable benefit limits. See your plan for details.
For Allianz Partners USA products offered and sold in the U.S.: Terms, conditions, and exclusions apply to all plans. Plans are available only to U.S. residents. Not all plans are available in all jurisdictions. Availability of Epidemic Coverage Endorsement, including specific benefits and covered reasons described here, varies by product and by state. Products may not include all benefits or covered reasons described here. All benefits are subject to maximum limits of liability, which may in some cases be subject to sublimits and daily maximums. Benefits and limits vary by plan. For a complete description of the coverage and benefit limits offered under your specific plan, carefully review your plan's Letter of Confirmation/Declarations and Certificate of Insurance/Policy. Insurance coverage is underwritten by BCS Insurance Company (OH, Administrative Office: Oakbrook Terrace, IL), rated "A" (Excellent) by A.M. Best Co., under BCS Form No. 52.201 series or 52.401 series, or Jefferson Insurance Company (NY, Administrative Office: Richmond, VA), rated "A+" (Superior) by A.M. Best Co., under Jefferson Form No. 101‐C series or 101‐P series, depending on state of residence. A+ (Superior) and A (Excellent) are the 2nd and 3rd highest, respectively, of A.M. Best's 13 Financial Strength Ratings. Except as otherwise specified, AGA Service Company d/b/a Allianz Global Assistance is the licensed producer and administrator of Allianz Travel-branded travel protection plans in the U.S. and an affiliate of Jefferson Insurance Company. Allianz Global Assistance, TravelSmart, and AgentSmart are marks of AGA Service Company or its affiliates. The insured shall not receive any special benefit or advantage due to the affiliation between Allianz Global Assistance and Jefferson Insurance Company. Plans include insurance and assistance services. Noninsurance benefits/products are provided and serviced by Allianz Global Assistance. SmartBenefits proactive payments and "no receipts" payments available only on certain plans. For plans that include proactive payments: when you opt in and provide flight information, Allianz Global Assistance will monitor flights and send flight status and benefit alerts, including alerts about flight delays that qualify for automated travel delay payments. Standard message/data rates apply to SMS alerts. Automated claims and payment system availability is not guaranteed and is subject to our sole discretion. All claims subject to policy terms, conditions, and exclusions.
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SOURCE Allianz Partners | https://www.wibw.com/prnewswire/2022/06/28/more-than-half-americans-planning-least-one-micro-cation-this-summer/ | 2022-06-28T14:30:07Z |
WASHINGTON, June 24, 2022 /PRNewswire/ -- NASA will host a media teleconference at 2 p.m. EDT Friday to provide an update on the agency's mission to study the Psyche asteroid. Audio of the briefing will livestream on the agency's website.
Teleconference participants include:
- Lori Glaze, director of NASA's Planetary Science Division at NASA Headquarters in Washington
- Laurie Leshin, director of NASA's Jet Propulsion Laboratory in Southern California
- Lindy Elkins-Tanton, Psyche mission principal investigator, Arizona State University
Media interested in participating in the call should send their full name, media affiliation, email address, and phone number by 1 p.m. ET today to Katherine Rohloff at: katherine.a.rohloff@nasa.gov. NASA's media accreditation policy is online.
For more information about NASA's Psyche mission, visit:
https://solarsystem.nasa.gov/missions/psyche/in-depth/
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SOURCE NASA | https://www.kxii.com/prnewswire/2022/06/24/nasa-discuss-psyche-asteroid-mission/ | 2022-06-24T16:32:26Z |
(NewsNation) — Newly released body camera footage from the Santa Fe County Sheriff’s Office shows the aftermath of the deadly “Rust” movie set shooting involving Alec Baldwin.
Cinematographer Halyna Hutchins died in the Oct. 21 shooting on the New Mexico movie set and director Joel Souza was injured. Baldwin claims he was told the gun was not loaded and only held dummy rounds after a crew member yelled out “cold gun.” The fatal shooting is under investigation.
Body camera video from investigators provides new insight into the tragic shooting.
First interactions between Baldwin and police
The newly released body camera footage shows some of the first interactions between Baldwin and investigators following the shooting. Baldwin appears shaken yet calm during his encounters with officers.
In one of the body camera videos, a detective asks if Baldwin is OK, to which he replies, “No, I’m not, actually.”
Baldwin cooperated with police. They asked him to come to their station to answer questions.
“You tell me what to do,” Baldwin said.
Later, police spotted blood on Baldwin’s costume, though the actor said it was fake blood. Officers asked that he remain in his costume, and the actor complied.
“Please tell me she’s still alive”
Blurred police body camera footage shows director Joel Souza in a hospital bed after he was shot. Moments before doctors removed the bullet lodged in his shoulder, Souza told the officer what happened.
“The armorer handed the actor a gun,” Souza said, referring to armorer Hannah Gutierrez Reed and Baldwin. “I don’t know if she said it was cold or clean, but she handed him a gun and there was a bang — a louder bang than I’ve heard come from a blank before.”
Souza also described the moment he realized he was hit.
“Very loud bang, felt like somebody kicked me in the shoulder,” Souza said. “Then I was down on my a** and I see the cinematographer, Halyna Hutchins, with blood coming out of her back.”
This all took place before Souza was told Hutchins died from her wound. He asked the officer if he knew if Hutchins was OK, but the officer didn’t. About 15 minutes later, while under the influence of medicine, Souza again asked about Hutchins:
Souza: Is Halyna still alive?
Female doctor: We’re going to have to find out in just a little bit, OK?
Souza: Please tell me she’s still alive.
Male doctor: I’m sure she’s fine. She’s just not here.
Souza: This is like a movie.
Female doctor: What’s your movie about Joel? The one you’re filming?
Souza: It’s called “Rust.”
Rehearsal video shows Baldwin handle gun
Police released clips from the film showing Baldwin remove a gun from his coat and point it just off-camera. It’s unclear if this is the same gun involved in the shooting, but it is not from the same day. Investigators and witnesses said the gun went off when rehearsing a similar scene.
Baldwin has said he did not pull the trigger and the gun fired on its own.
New Mexico’s Occupational Health and Safety Bureau recently fined the production $137,000 and found it was an assistant director, David Halls, who handed the gun to Baldwin, not armorer Hannah Gutierrez Reed. The report also found Halls knew of at least two instances when guns went off accidentally on set.
A spokesperson for “Rust” disputed that account, and said the fine would be appealed.
Body camera footage paints picture of set
The shooting happened on Bonanza Creek Ranch, a Santa Fe property depicting an old ranch along the New Mexico foothills. More than 120 films have been created there, dating back to the 1950s.
On the day of the shooting, the area was covered in yellow crime scene tape with evidence bags scattered on the ground. While talking to police, Baldwin mentioned that the crew had a separate campus to get ready at before traveling to this particular area with the old church where investigators say Baldwin pulled the trigger.
The new body camera footage shows evidence bags scattered on the ground. Authorities reported finding hundreds of rounds of ammunition on the set. Among them were reportedly a mix of dummy rounds, blanks and what seemed to be live rounds.
They believe there was “some complacency” in how guns were handled on the movie set. Souza described the gun that Baldwin handled in the old church as an “Old West six-shooter” sort of weapon. | https://cw33.com/news/rust-shooting-what-weve-learned-from-new-bodycam-video/ | 2022-04-26T16:04:11Z |
SEAL BEACH, Calif., June 21, 2022 /PRNewswire/ -- Economic Hurricane Approaching
Jamie Dimon warned investors to prepare for an economic "hurricane" as the economy struggles against an unprecedented combination of challenges, including tightening monetary policy and Russia's invasion of Ukraine.
"That hurricane is right out there down the road coming our way," the JPMorgan Chase & Co. Chief Executive Officer said at a conference … You better brace yourself."
Patriot Gold Group CEO, Jack Hanney goes on to say, "when you have Jamie Dimon CEO of JP Morgan warning of an 'economic hurricane coming' along with Morgan Stanley warning the market sell-off will only accelerate and the overall S & P index is about to fall sharply with almost all stocks falling in unison you have to start rethinking your defensive positioning and possibility of capital rotation. When considering the geopolitical climate, and seizure of Russia's foreign-exchange reserves this will only fuel more demand for gold from Russia, China, Saudi Arabia and China. Analysts at Goldman Sachs predict record high gold demand from central banks this year as geopolitics prompt shifts to gold."
The U.S. Mint sold 147,000 ounces of Gold in the month of May 2022 and bullion demand is up a massive 617%. U.S. gold bullion sales are up more than 400% from the five-year average between 2015 and 2019. David Einhron founder of Greenlight Capital said "the Fed is bluffing, the Fed doesn't really have the tools to stop inflation. When the Fed has to choose between fighting inflation and supporting the Treasury, I think it has to pick the Treasury. At that point, it's best to have some Gold." Randy Smallwood CEO of Wheaton Precious Metals warned we could see 15%-20% inflation and that "we're just seeing the start of this inflation monster."
In 2021 Palantir Technologies made headlines with their $50.7M investment into Gold. According to their President & COO "You have to be prepared for a future with more Black Swan events" Big Tech companies have been making headlines with their investments in alternative asset classes and out of U.S. Dollars that has raised eyebrows that maybe their visionary, innovative thinking is being applied to investments.
Ray Dalio recently stated "Cash is not a safe investment .. because it will be taxed by inflation" Dalio, the most successful Hedge Fund Manager in the world goes on to say "Know how to balance a portfolio. When equities go down then you see Gold go up. Wealth is not destroyed as much as it is transferred. Be in a safe, well-balanced portfolio. You can reduce your risk without reducing your return."
Jeffries Group said "Gold remains an essential hedge as the threat of stagflation – an environment of low growth and higher inflation continues to grow" Jeffries maintained their long-term forecast remains in place for gold prices to push to $5,500 an ounce.
Patriot Gold Group saw record turnout for their "2021 Inflation Protection America First IRA" with our NO FEE FOR LIFE IRA for qualifying IRAs. Patriot Gold Group is lowering the minimum requirement for our NEW "Stagflation Protection NO FEE FOR LIFE IRA" and waiving fees for dedicated, secured, and insured storage of your safe-haven assets, in addition to waiving the cost of registered and insured shipping to your home so that you—a fellow American—have one less thing to worry about. Patriot Gold Group is also waiving most fees on IRA accounts opened through Monday July 4th 2022.
Call the Patriot Gold Group at 800-974-4653 (GOLD) for exclusive details about our incentives, or if you simply have questions regarding current market performance. We're here to help, be of service, and adhere to that altruistic principle that made Consumer Affairs recognize Patriot Gold Group as the Top IRA Gold & Silver Dealer nationwide for an unprecedented six years in a row (i.e., 2016–2021) A+ Rated with the Better Business Bureau.
About Jack Hanney Jack Hanney is the CEO & Co-Founder of Patriot Gold Group, and a nationally sought-after financial speaker and guest. Recently featured on Fox Los Angeles Good Day LA, Newsmax, OANN, and FOX23 Tulsa, he is frequently interviewed about the global health crisis and its impact on the global economy. Here: FOX23TULSAJACKHANNEY (PLEASE Click on LINK).
About Patriot Gold Group Patriot Gold Group (www.patriotgoldgroup.com) is a nationwide investment group with more than 50 years of precious metals investing experience. The company has been rated the Top IRA Gold & Silver Dealer by Consumer Affairs for an unprecedented six years in a row (i.e., 2016–2021), A+ Rated with the Better Business Bureau, has earned a 5-star TrustPilot rating, endorsed & sponsored by Donald J. Trump Political Consultant, Newsmax Host & Patriot Client Dick Morris.
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SOURCE Patriot Gold Group | https://www.mysuncoast.com/prnewswire/2022/06/21/patriot-gold-group-processes-record-ira-rollovers-due-feds-response-inflation-amp-stock-market-crash-2022/ | 2022-06-21T11:51:05Z |
Services for Venita Damon, 85, of Temple are pending with Don D. Summers Funeral Chapel in Temple.
Ms. Damon died Thursday, July 7, at a local hospital.
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PITTSBURGH, Aug. 12, 2022 /PRNewswire/ -- "I wanted to find a way that drivers could load a truck while remaining safe in their vehicle on the side of a busy roadway," said the inventor from Aurora, Colo. "I created this invention to be used to enhance productivity in loading materials quickly to a truck for transporting."
He invented HYDROSTRAP that saves time and effort for wrecker operators over manually engaging and releasing the straps at all for wheels for safe towing. This device would automatically secure the wheels hydraulically from the cab and help simplify the operation to minimize the amount of times stopped along the roadside. This could help keep the driver safe within the cab to reduce the chances of being overlooked, struck, and killed by another driver. Additionally, this could be adapted for use with cars, light trucks, construction equipment and even powersports equipment.
The original design was submitted to the Denver sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-DNV-340, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/08/12/inventhelp-presents-hydraulic-towing-bed-dnv-340/ | 2022-08-12T18:56:16Z |
MT. MORRIS, Mich. (AP) — A blind Michigan judge went for a drive and a sheriff rode shotgun.
As 100 people watched, Richard Bernstein of the Michigan Supreme Court drove a car on a dirt track Tuesday at the Genesee County fairgrounds, northwest of Flint.
“I’ve always wanted that feeling of what it’s like to hit the gas or what it’s like to turn on the ignition and what it’s like to operate a steering wheel,” Bernstein, 47, told WNEM-TV.
Sheriff Chris Swanson was in the passenger seat giving directions and encouragement. They wore helmets.
“Straighten it out. Soft left, soft left,” Swanson said. “He’s doin’ it!”
Bernstein, who is seeking reelection in November, doesn’t let blindness discourage him from certain goals. He’s run more than 20 marathons.
“My whole life, I’ve loved making people’s dreams come true,” the sheriff said. “I love seeing joy on the face, and I have seen it the last two hours driving him up here.” | https://cw33.com/strange-news/ap-strange-news/ap-always-wanted-to-hit-the-gas-blind-michigan-judge-drives/ | 2022-08-27T11:19:25Z |
Deborah Gallegos and Carlos Reyes Promoted to Co-Heads of ESG & Sustainability
NEW YORK, May 31, 2022 /PRNewswire/ -- Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), the oldest minority-owned private equity buyout firm in the industry, announced today it has launched the next phase of the firm's sustainability framework to further its mission to be a trusted manager recognized for delivering outstanding returns to all stakeholders.
Following Palladium's recent certification as a B-Corp, Palladium today announced the promotion of Deborah Gallegos and Carlos Reyes, both Managing Directors, to lead the Firm's ongoing ESG initiatives as Co-Heads of ESG & Sustainability. Ms. Gallegos and Mr. Reyes will lead Palladium's ESG and sustainability efforts and advance its commitments as a UNPRI signatory and a founding signatory to both ILPA's Diversity in Action Initiative and the Data Convergence Project.
Palladium has a robust ESG infrastructure focused on implementing a fully-integrated process for the identification and analysis of ESG factors that seek to drive value creation, reduce costs, and mitigate enterprise risk across the firm. The team has been instrumental in building the program, and will seek to further identify and manage ESG risks throughout the life cycle of Palladium's investments. Ms. Gallegos and Mr. Reyes' deep prior experience in both investment and investor roles has already brought a differentiating factor to Palladium's ESG program, as they are both already embedded into Palladium's funds and work closely with the investment teams and portfolio companies.
Ms. Gallegos and Mr. Reyes bring decades of experience investing institutional assets. Ms. Gallegos has more than 25 years of investment experience, including serving as Chief Investment Officer of the New York City Comptroller and as Deputy State Investment Officer for the New Mexico State Investment Council. Mr. Reyes has more than 20 years of experience in private equity, sustainability/ESG, and corporate M&A. Prior to joining Palladium, Mr. Reyes worked at IFC Asset Management Company, a division of IFC – itself a member of the World Bank Group – where he was a Principal in IFC's $1.0 billion African, Latin American and Caribbean Fund, as well as Head of IFC Asset Management Company's Direct Equity Impact Fund.
Marcos A. Rodriguez, Palladium's Chairman and CEO, said, "Both Deborah and Carlos are well suited for success in their new roles as Co-Heads of ESG & Sustainability. They are strong leaders who will help us implement the next phase of Palladium's sustainability framework, which we believe will accrue to the benefit of all our investors, our portfolio companies as well as our employees."
Eugenie Cesar-Fabian, who formerly held the role of Head of ESG & Sustainability, will be transitioning out of the firm to pursue a senior legal role at a sustainability-focused fintech firm. She noted that, "Deborah and Carlos are exceptionally strong ESG professionals who have achieved significant success already in designing, building and implementing Palladium's internal ESG program. I believe their understanding and passion for ESG will support the firm's position as one of the leading industry voices in this area."
Mr. Rodriguez added that, "Genie made a major contribution to Palladium during her decade-plus tenure at the firm. We appreciate her efforts and wish her all the best."
Palladium is the oldest minority-owned private equity buyout firm in the industry with over $3 billion of assets under management. The firm seeks to acquire and grow companies in partnership with founders and experienced management teams by providing capital, strategic guidance and operational oversight. Since its founding in 1997, Palladium has invested over $3 billion of capital in 38 platform investments and 153 add-on acquisitions, realizing 23 of these platform investments. The principals of the firm have meaningful experience in consumer, services, industrials, and healthcare businesses, with a special focus on companies they believe will benefit from the growth in the U.S. Hispanic population. Palladium, which is a Certified B Corp, is based in New York City. For more information, visit www.palladiumequity.com.
Todd Fogarty or Jeffrey Taufield
Kekst CNC
todd.fogarty@kekstcnc.com or jeffrey.taufield@kekstcnc.com
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SOURCE Palladium Equity Partners | https://www.wibw.com/prnewswire/2022/05/31/palladium-promotes-two-managing-directors-broaden-firms-sustainability-framework/ | 2022-05-31T12:25:45Z |
Researchers trying to learn what killed the first person to receive a heart transplant from a pig have discovered the organ harbored an animal virus but cannot yet say if it played any role in the man’s death.
A Maryland man, 57-year-old David Bennett Sr., died in March, two months after the groundbreaking experimental transplant. University of Maryland doctors said Thursday they found an unwelcome surprise — viral DNA inside the pig heart. They did not find signs that this bug, called porcine cytomegalovirus, was causing an active infection.
But a major worry about animal-to-human transplants is the risk that it could introduce new kinds of infections to people.
Because some viruses are “latent,” meaning they lurk without causing disease, “it could be a hitchhiker,” Dr. Bartley Griffith, the surgeon who performed Bennett’s transplant, told The Associated Press.
Still, development is under way of more sophisticated tests to “make sure that we don’t miss these kinds of viruses,” added Dr. Muhammad Mohiuddin, scientific director of the university’s xenotransplant program.
The animal virus was first reported by MIT Technology Review, citing a scientific presentation Griffith gave to the American Society of Transplantation last month.
For decades, doctors have tried using animal organs to save human lives without success. Bennett, who was dying and ineligible for a human heart transplant, underwent the last-ditch operation using a heart from a pig genetically modified to lower the risk that his immune system would rapidly reject such a foreign organ.
The Maryland team said the donor pig was healthy, had passed testing required by the Food and Drug Administration to check for infections, and was raised in a facility designed to prevent animals from spreading infections. Revivicor, the company that provided the animal, declined to comment.
Griffith said his patient, while very ill, had been recovering fairly well from the transplant when one morning he woke up worse, with symptoms similar to an infection. Doctors ran numerous tests to try to understand the cause, and gave Bennett a variety of antibiotics, antiviral medication and an immune-boosting treatment. But the pig heart became swollen, filled with fluid and eventually quit functioning.
“What was the virus doing, if anything, that might have caused the swelling in his heart?” Griffith asked. “Honestly we don’t know.”
The reaction also didn’t appear to be a typical organ rejection, he said, noting the investigation still is underway.
Meanwhile doctors at other medical centers around the country have been experimenting with animal organs in donated human bodies and are anxious to attempt formal studies in living patients soon. It’s not clear how the pig virus will affect those plans.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content. | https://cw33.com/news/u-s-news/ap-u-s-headlines/virus-found-in-pig-heart-used-in-human-transplant/ | 2022-05-06T22:52:29Z |
TORONTO, Aug. 25, 2022 /PRNewswire/ - Wellness Natural USA Inc. announced its fan-favorite SimplyProtein® Crispy Bars are now available at Costco locations nationwide for a limited time, providing shoppers with even more options for simple, plant-powered snacks. The Crispy Bars are available in a Costco-exclusive 15 bar pack featuring the decadent and satisfying flavors of Peanut Butter Chocolate, Lemon Coconut and Dark Chocolate Sea Salt. SimplyProtein Crispy Bars first entered 50 regional Costco warehouses in January 2022 and this national expansion brings distribution to over 600 warehouses nationwide.
After re-entering the US market last year, the brand's multi-channel distribution approach continues to prove successful. Alongside the expansion from regional to national Costco distribution, SimplyProtein continues to add to its roster of retail with partners such as Kroger, Meijer and HyVee. eCommerce also continues to drive sales growth for the brand through partnerships with online retailers such as Amazon and through its own direct-to-consumer platform.
"This past year has been transformative for the SimplyProtein brand. Our expansion into the US market has exceeded our expectations and growing our partnership with Costco is a major milestone for our brand," said Michael Lines, chief executive officer. "We believe the future of food is plant-based and are proud to provide consumers with simple, delicious and approachable products that meet a variety of snacking needs. We are excited to continue our partnership with Costco as we expand nationally into the fall."
The Costco-exclusive Crispy Bars are gluten-free, plant-based and dairy-free. Each flavor features 15g of plant-based protein, with only 1g of sugar per serving. All SimplyProtein products also contain no artificial colors. Outside of Costco, SimplyProtein also offers a range of plant-based snacking options including their Energy Bites, Snack Bars, Cookie Bars and Kids Bars.
About SimplyProtein®
The SimplyProtein team believes the path to wellness is individual. Our passion is creating a wide range of snacks with plant-based energy, providing the fuel for individuals to live life on their own terms. The SimplyProtein brand got its start in 2002 in health food stores throughout Toronto, Canada and is now owned and operated by Wellness Natural Inc. and available throughout North America. All SimplyProtein products are gluten-free and Non-GMO Project Verified. To learn more, visit simplyprotein.com, @SimplyProtein on Instagram and @SimplyProteinUSA on Facebook.
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SOURCE Wellness Natural Inc. | https://www.kxii.com/prnewswire/2022/08/25/simplyprotein-continues-expansion-into-us-with-national-distribution-costco/ | 2022-08-25T23:36:32Z |
Matt Baranoski Has Joined the Two Fingers Automotive Team and Has Taken Over the Front Desk Duties
MOORESVILLE, N.C., Aug. 15, 2022 /PRNewswire/ -- Shawn Goodrich, the owner and founder of the Mooresville, North Carolina auto repair center Two Fingers Automotive, is pleased to announce that he has hired Matt Baranoski to take over the front desk and initial point of contact duties.
To learn more about the recent personnel changes at Two Fingers Automotive, please visit https://2fingersautomotive.com/auto-services-blog/new-faces-at-two-fingers-automotive/.
As Goodrich noted, in addition to hiring Baranoski, his mechanic moved on to pursue other opportunities after being part of the Two Fingers Automotive family for 3 years.
"With Mike's departure, I have returned to full-time work in the shop," Goodrich noted, adding that he will now focus on getting and keeping his customers' vehicles in the tip-top shape they've come to expect from Two Fingers Automotive.
"Although I will not be the primary contact person, I will still be there every day and can easily be contacted if needed just by calling the shop, and I encourage our customers to stop in and say hello to Matt."
Thanks to Baranoski's 30-plus years of experience in the field of automotive customer service, Goodrich is confident that he will provide their valued customers with the attentive and outstanding customer service and communication that Two Fingers Automotive is well known for.
While the personnel at Two Fingers Automotive has changed a bit, their commitment to their customers is as strong as ever.
Their goal is always to provide excellent service at a fair price, without having to rely on gimmicks, promotions, or 'special programs' that no one ever seems to quite manage to qualify for, Goodrich noted.
"It's this commitment to outstanding service and results, and the emphasis we place on making sure you and your family can use your vehicle safely and reliably, that has made Two Fingers Automotive Mooresville's favorite independent auto mechanic—and we're excited to be yours too," he said.
At Two Fingers Automotive, they offer a wide variety of automotive services, including inspections, diagnostics, repairs, and maintenance for all makes and models of cars and light trucks in Mooresville, North Carolina. For more information, please visit https://2fingersautomotive.com/.
465 S. Broad St
Mooresville, NC 28115
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SOURCE Two Fingers Automotive | https://www.kxii.com/prnewswire/2022/08/16/mooresville-auto-repair-center-two-fingers-automotive-announces-personnel-changes/ | 2022-08-16T01:53:28Z |
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