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New research hints that even a simple exercise routine just might help older Americans with mild memory problems.
Doctors have long advised physical activity to help keep a healthy brain fit. But the government-funded study marks the longest test of whether exercise makes any difference once memory starts to slide — research performed amid a pandemic that added isolation to the list of risks to participants’ brain health.
Researchers recruited about 300 sedentary older adults with hard-to-spot memory changes called mild cognitive impairment or MCI — a condition that’s sometimes, but not always, a precursor to Alzheimer’s. Half were assigned aerobic exercises and the rest stretching-and-balance moves that only modestly raised their heart rate.
Another key component: Participants in both groups were showered with attention by trainers who worked with them at YMCAs around the country — and when COVID-19 shut down gyms, helped them keep moving at home via video calls.
After a year, cognitive testing showed overall neither group had worsened, said lead researcher Laura Baker, a neuroscientist at Wake Forest School of Medicine. Nor did brain scans show the shrinkage that accompanies worsening memory problems, she said.
By comparison, similar MCI patients in another long-term study of brain health — but without exercise — experienced significant cognitive decline over a year.
Those early findings are surprising, and the National Institute on Aging cautioned that tracking non-exercisers in the same study would have offered better proof.
But the results suggest “this is doable for everybody” — not just seniors healthy enough to work up a hard sweat, said Baker, who presented the data Tuesday at the Alzheimer’s Association International Conference. “Exercise needs to be part of the prevention strategies” for at-risk seniors.
Previous research has found regular physical activity of any sort may reduce damaging inflammation and increase blood flow to the brain, said Alzheimer’s Association chief scientific officer Maria Carrillo.
But the new study is especially intriguing because the pandemic hit halfway through, leaving already vulnerable seniors socially isolated — something long known to increase people’s risk of memory problems, Carrillo said.
It’s a frustrating time for dementia research. Doctors are hesitant to prescribe a high-priced new drug called Aduhelm that was supposed to be the first to slow progression of Alzheimer’s — but it’s not yet clear if it really helps patients. Researchers last month reported another drug that works similarly — by targeting amyloid plaques that are an Alzheimer’s hallmark — failed in a key study.
While amyloid clearly plays a role, it’s important that drugmakers increasingly are targeting many other factors that can lead to dementia, Carrillo said, because effective treatment or prevention likely will require a combination of customized strategies.
One example of a new approach: Sometimes in dementia, the brain has trouble processing blood sugar and fats for the energy it needs, John Didsbury of T3D Therapeutics told the Alzheimer’s meeting. His company is testing a pill that aims to rev up that metabolism, with results expected next year.
Meanwhile, there’s growing urgency to settle whether steps people could take today — like exercise — might offer at least some protection.
How much and what kind of exercise? In Baker’s study, seniors were supposed to get moving for 30 to 45 minutes four times a week, whether it was on a vigorous turn on the treadmill or the stretching exercises. That’s a big ask of anyone who’s sedentary, but Baker said MCI’s effects on the brain make it even harder for people to plan and stick with the new activity.
Hence the social stimulation — which she credited with each participant completing over 100 hours of exercise. Baker suspects that sheer volume might explain why even the simple stretching added up to an apparent benefit. Participants were supposed to exercise without formal support for an additional six months, data Baker hasn’t yet analyzed.
“We wouldn’t have done the exercise on our own,” said retired agriculture researcher Doug Maxwell of Verona, Wisconsin, who joined the study with his wife.
The duo, both 81, were both assigned to the stretching classes. They felt so good afterward that when the study ended, they bought electric bikes in hopes of even more activity — efforts Maxwell acknowledged are hard to keep up.
Next up: Baker is leading an even larger study of older adults to see if adding exercise to other can’t-hurt steps such as a heart-healthy diet, brain games and social stimulation together may reduce the risk of dementia. | https://www.tdtnews.com/life/health_and_fitness/article_8bb4df3e-1719-11ed-9b66-e76d941d253a.html | 2022-08-09T07:42:44Z |
NASHVILLE, Tenn., Sept. 1, 2022 /PRNewswire/ -- Leading global transport and logistics provider GEODIS today announced the launch of its Fast Integration technology, a new application programming interface (API) self-service portal to enable quick, seamless integration for contract logistics customers in the Americas region. With Fast Integration, the company is now providing its clients with an easy-to-use portal and one-stop solution to integrate with GEODIS via API directly to simplify the overall fulfillment and shipping process.
In addition to allowing clients to directly establish connections with GEODIS, the Fast Integration solution will allow customers to develop customized API specifications, test the interfaces and receive pass or fail alerts. When integration of the systems is complete and pass alerts are received, GEODIS will deploy interfaces to production quickly and easily. Ultimately, the API self-service portal will allow GEODIS clients to onboard without the assistance of its integration team to create overall process efficiencies.
"In today's new API era, it was increasingly important for us to develop a solution that would allow us to seamlessly manage API development to best meet our clients' evolving demands by eliminating common challenges associated with the process, such as the considerable time and resources that is required for creating each custom API from scratch," said Pal Narayanan, Executive Vice President and Chief Information Officer at GEODIS in Americas. "With Fast Integration, we are now able to transform how we manage API development to further enhance the fulfillment and shipping process on behalf of our customers with a one-stop solution for all their API integration needs to unlock time and cost savings."
Fast Integration will provide a tailored, comprehensive experience, in which customers receive instantaneous updates regarding changes in inventory quantity or status. Clients will also receive full visibility into the shipping and receiving processes. Clients will be notified when shipments are received by the warehouse as well as when orders are sent to the end consumer.
GEODIS plans to introduce the Fast Integration solution in Q3 2022 to its contract logistics customers in the Americas region. This will provide standard APIs for GEODIS' six most commonly used interfaces: create order, stock adjustment, stock status, receipt request, ship confirmation and receipt confirmation. Within these interfaces, GEODIS will provide the basic fields that are most utilized across its clients so they will be able to easily configure their APIs via API manager quickly by leveraging the simple Fast Integration user guide.
To learn more about GEODIS, visit www.geodis.com.
GEODIS – www.geodis.com
GEODIS is a global leading transport and logistics provider recognized for its commitment to helping clients overcome their logistical constraints. GEODIS' growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport), coupled with the company's truly global reach thanks to a global network spanning nearly 170 countries, is reflected by its top business rankings: no. 1 in France and no. 7 worldwide. GEODIS employs over 44,000 people globally and generated €10.9 billion in revenue in 2021.
PRESS CONTACT
Lauren McKirgan
FINN Partners
615 512 8621
lauren.mckirgan@finnpartners.com
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SOURCE GEODIS | https://www.mysuncoast.com/prnewswire/2022/09/01/geodis-launches-fast-integration-api-self-service-portal-enable-quick-seamless-integration/ | 2022-09-01T16:24:10Z |
Missing N.C. 7-year-old found safe, Amber Alert canceled, police say
Published: May. 24, 2022 at 11:46 AM EDT|Updated: 16 minutes ago
FAYETTEVILLE, N.C. (Gray News) - Police canceled an Amber Alert on Tuesday for a missing 7-year-old girl in North Carolina.
The Fayetteville Police Department said on Facebook that Ivory Devana Quinones had been located and is safe.
Anyone with additional information can contact the Fayetteville Police Department at 910-605-6393.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/24/amber-alert-issued-nc-missing-7-year-old/ | 2022-05-24T16:03:55Z |
One Year Post Investment from Court Square Capital Partners, Connatix opens New SoHo London Office
LONDON, July 19, 2022 /PRNewswire/ -- Connatix, the leading video technology company for premium publishers and advertisers, today announced the opening of its new U.K. office. The expansion comes after securing significant investment from a private equity firm, Court Square Capital Partners, which poised the company for accelerated international growth and expansion.
"Our significant investment in video innovation and cookieless targeting has led to extensive, trusted relationships with premium publishers and advertisers in the U.K. and Europe," said Connatix President and CRO Jenn Chen. "We recognized the enormous opportunity our Deep Contextual technology offers the industry and have doubled down on London, since we started building our team over a year ago, as the next logical foothold for global expansion."
"We saw extremely strong performance from Connatix when we ran multiple American Express deals in Q1 utilizing their cutting edge Deep Contextual technology with VTR at 85%, way above benchmark and the highest performing of all video partners that we were running," said Alex Page of UM on behalf of American Express.
Since its inception, in 2014, Connatix continues to trailblaze the next generation of video experiences that delight consumers thereby maximizing advertiser and publisher returns. The rapidly expanding company offers the leading end-to-end platform featuring the foremost online video player, proprietary AI technology that analyzes both page and video content for deeper contextual targeting, turn-key engaging formats, and an integrated ad-server and exchange, all purpose-built for video.
Connatix offers a video player, ad server, and exchange all in one, providing the most direct path to the page for advertisers. As the appetite for videos that consumers like grows, and with brands turning to shorter form videos for their content, the importance of getting the message right continues to circle the market back to contextual video solutions to a cookieless world.
"At Connatix, we work with over 3,000 publishers and more than 1,000 advertisers worldwide," said Jenn Chen. "Expanding our U.K. presence is a natural step as the company continues to scale its global business to meet rapidly growing demand."
For more information on Connatix, visit www.connatix.com.
Connatix is a video technology company for publishers and advertisers. We believe in the power of engaging content and are on a mission to help publishers and advertisers deliver successful videos without compromise. With a cutting-edge video player, optimization engine, and suite of turn-key video monetization formats, publishers can amplify video revenue while delivering engaging experiences. With first-to-market video capabilities, Connatix sits at the forefront of content innovation and is building a new generation of video experiences that are optimized for publisher and advertiser success. Connatix works with over 500 publishers across 4,000 sites and 1,000+ advertisers worldwide and was named a Deloitte Technology Fast 500 Company, a finalist in the Digiday Media Awards for Best Contextual Offering, one of the fastest growing companies on the Inc. 5000 list, and has been recognized as an AdExchanger Programmatic Player for two consecutive years. Founded in 2014, the company is headquartered in New York City with offices in London, Tel Aviv, Israel, Cluj-Napoca, Romania, Miami, Florida, and Chicago, Illinois.
Media Contact: Lana McGilvray, Connatix@purposenorthamerica.com
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SOURCE Connatix | https://www.wibw.com/prnewswire/2022/07/19/connatix-accelerates-international-expansion-with-opening-new-uk-office/ | 2022-07-19T10:38:05Z |
(The Hill) — President Joe Biden on Friday will sign an executive order intended to protect abortion and contraception access and bolster privacy in the aftermath of a Supreme Court ruling that struck down the precedent set by Roe v. Wade.
At Biden’s direction, the Department of Health and Human Services (HHS) will take additional action to protect access to abortion medication that is approved by the Food and Drug Administration.
The agency will also seek to protect access to emergency medical care for pregnant women and women experiencing miscarriage, including by reviewing guidance that outlines physician responsibilities under the Emergency Medical Treatment and Labor Act.
Biden will also direct HHS to expand access to contraception like IUDs. The Affordable Care Act guarantees coverage of free birth control and contraceptive counseling.
The president’s executive order will additionally aim to protect patient privacy by addressing the transfer of sensitive health data and digital surveillance related to reproductive health care services.
HHS will also look into potential actions under the Health Insurance Portability and Accountability Act (HIPAA) to improve privacy protections around reproductive health care.
The order will also outline efforts to ensure the safety of patients seeking reproductive health care and providers and clinics, including mobile clinics being used to provide care for out-of-state patients.
The announcement comes two weeks to the day after the Supreme Court struck down Roe v. Wade, eliminating the nearly 50-year-old constitutional right to abortion and handing states authority to drastically limit or ban the procedure.
Biden will sign the executive order and deliver remarks from the Roosevelt Room of the White House alongside Vice President Harris and HHS Secretary Xavier Becerra.
Biden has been facing intense pressure from Democrats and activists to take action to protect abortion access in the two weeks since the Supreme Court ruling. Some lawmakers and strategists complained that the White House was caught flat-footed and had no ready-made response even though a draft of the ruling leaked a month earlier.
The president last week in Spain said he would support an exception to the 60-vote filibuster in the Senate in order to codify abortion access and other privacy protections, though all 50 Democratic senators do not support altering the filibuster. | https://cw33.com/news/nexstar-media-wire/biden-to-announce-executive-action-to-protect-abortion-access/ | 2022-07-08T12:54:15Z |
NEW YORK, April 25, 2022 /PRNewswire/ -- Attention Aurinia Pharmaceuticals Inc. ("Aurinia Pharmaceuticals Inc.") (NASDAQ: AUPH) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 7, 2021 and February 25, 2022.
If you suffered a loss on your investment in Aurinia Pharmaceuticals Inc., contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Aurinia Pharmaceuticals Inc. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Aurinia was experiencing declining revenues; (ii) Aurinia's 2022 sales outlook for the Company's only product which it offers for the treatment of adult patients with active lupus nephritis, LUPKYNIS, would fall well short of expectations; (iii) accordingly, the Company had significantly overstated LUPKYNIS's commercial prospects; (iv) as a result, the Company had overstated its financial position and/or prospects for 2022; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: June 14, 2022
Aggrieved Aurinia Pharmaceuticals Inc. investors only have until June 14, 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.kxii.com/prnewswire/2022/04/25/class-action-alert-law-offices-vincent-wong-remind-aurinia-pharmaceuticals-inc-investors-lead-plaintiff-deadline-june-14-2022/ | 2022-04-25T11:17:10Z |
- Settlement of at least $300 million is among largest ever shareholder derivative recoveries
- Plaintiffs overcame novel issues of jurisdiction and standing in creating precedent-setting case law to hold foreign companies and actors accountable in U.S. courts
- As Lead Counsel, Reid Collins successfully prosecuted groundbreaking claims against Renren insiders
NEW YORK, June 9, 2022 /PRNewswire/ -- Today the New York State Supreme Court granted approval of a direct pay cash settlement totaling at least $300 million resolving the In re Renren, Inc. Derivative Litigation (NYSE:RENN), one of the largest cash settlements of a derivative action in history. (The aggregate cash payment to Renren's minority shareholders and ADS holders may exceed $300 million depending on the final determination of the number of shares and ADSs held by non-Defendants). The action alleges a complex scheme by Renren insiders to take the company's billion-dollar investment portfolio for themselves.
Litigation powerhouse Reid Collins & Tsai LLP, Lead Counsel for the derivative plaintiffs, originally announced the terms of the settlement in October 2021.
Reid Collins Founding Partner William T. Reid, IV on the resolution of the Renren litigation: "This is an extraordinary result by any measure. It is very rare to settle a case for more than the damages that we originally pleaded. Yet indeed, from the vantage point of minority shareholders, we have recovered more for them in this direct pay settlement than the damage claim we set forth in the complaint. Obtaining jurisdiction over these foreign defendants was no small task, but obtaining derivative standing was an even greater achievement. What little New York law existed on establishing derivative standing under Cayman law was adverse, but the facts of this case and a thorough presentation of Cayman law nonetheless allowed us to establish that the minority were in fact entitled to pursue the company's claim under the 'fraud on the minority' exception to the general rule against derivative standing. I could not be more proud of what we have accomplished in Renren, and of our clients, including Heng Ren Silk Investments, LLC in taking on this significant and important challenge."
The shareholder derivative suit arises from a highly unusual series of interrelated transactions through which Renren's allegedly corrupt insiders took Renren's investment portfolio for themselves in 2018 to the detriment of minority shareholders. The complaint centers on alleged breaches of fiduciary duty in connection with the transfer of Renren's most valuable assets, including a substantial stake in fast-growing lender Social Finance, Inc. ("SoFi") — for far less than fair market value — to a private company, Oak Pacific Investments ("OPI"), which is owned and controlled by Renren's CEO Joseph Chen and other controlling shareholders. Chen and affiliates stood on all sides of these transactions as major investors and/or directors in Renren, OPI, and SoFi itself, facilitated by Duff & Phelps, LLC, a financial advisor to a special committee of Renren's board of directors, who it is alleged aided and abetted these breaches of fiduciary duty
"We are very pleased to have achieved a positive outcome for all minority shareholders," said Alexander Shoghi, portfolio manager at Oasis Management.
"This is an important message American investors are sending to Chinese companies on our stock markets," said Peter Halesworth, founder and manager of Heng Ren. "U.S. shareholders will fight raw deals of bad actors from China in our stock markets."
In May 2020, Reid Collins defeated all motions to dismiss filed by the original defendants. In March 2021, the Appellate Division, First Judicial Department of New York State Supreme Court affirmed the trial court's denial of all the motions to dismiss and rejected defendants' arguments over personal jurisdiction and contending that plaintiffs lack standing under Cayman Islands law. In April 2022, the New York State Supreme Court took the rare step of attaching all of the assets that OPI received in the 2018 transaction and required any sales proceeds up to $560 million be deposited in a New York escrow account.
Plaintiffs faced significant legal challenges to acquire U.S. jurisdiction over multiple foreign defendants and establish derivative standing under Cayman law. After an extensive investigation and litigation, Plaintiffs presented the complex details of the transactions and the conduct of the far-flung participants to the court, building a jurisdictional theory with which the court agreed completely and was affirmed on appeal. These wins have created new precedent to combat a growing problem in the financial sector – the difficulty in addressing fraud and wrongdoing by foreign companies (and related individual actors) publicly traded on U.S. exchanges.
The case is In re Renren, Inc. Derivative Litigation, Index No. 653594/2018 (N.Y. Sup. Ct.). Reid Collins, representing derivative plaintiffs as Lead Counsel in this action (alongside co-counsel Grant & Eisenhoffer P.A., Gardy & Notis, LLP, and Ganfer Shore Leeds & Zauderer LLP), successfully litigated these novel claims against an array of law firms, including: Skadden, Arps, Slate, Meagher & Flom LLP; Paul, Weiss, Rifkind, Wharton & Garrison LLP; McDermott, Will & Emery LLP; Morrison & Foerster LLP; Orrick, Herrington & Sutcliffe LLP; Goodwin Procter LLP; Holland & Knight, LLP; and Winston & Strawn LLP.
Reid Collins & Tsai LLP is one of the nation's leading plaintiffs' trial firms, litigating complex business disputes and achieving billions of dollars in settlements and judgments for its clients. Its team is comprised of accomplished trial lawyers who have extensive experience prosecuting financial fraud and corporate malfeasance cases, bankruptcy and insolvency related litigation, professional liability claims, and cross-border disputes. The firm represents fund managers, investor groups, trustees, receivers, liquidators, international banks, companies, governmental entities, and individuals in federal and state courts across the country.
For more information visit www.reidcollins.com
Austin | Dallas | New York | Washington D.C. | Wilmington
Contact:
Alexander Coxe
212.365.4792
acoxe@reidcollins.com
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SOURCE Reid Collins & Tsai LLP | https://www.kxii.com/prnewswire/2022/06/09/new-york-court-approves-300-million-settlement-benefitting-minority-shareholders-renren-derivative-litigation-announces-reid-collins/ | 2022-06-09T21:38:20Z |
NEW YORK (AP) — An author’s online essay on why she used plagiarized material in a novel pulled earlier this year has itself been removed after editors found she had again lifted material.
Jumi Bello’s “I Plagiarized Parts of My Debut Novel. Here’s Why” appeared just briefly Monday on https://lithub.com. Bello’s debut novel, “The Leaving,” had been scheduled to come out in July, but was canceled in February by Riverhead Books.
“Earlier this morning Lit Hub published a very personal essay by Jumi Bello about her experience writing a debut novel, her struggles with severe mental illness, the self-imposed pressures a young writer can feel to publish, and her own acts of plagiarism,” the publication announced. “Because of inconsistencies in the story and, crucially, a further incident of plagiarism in the published piece, we decided to pull the essay.”
Lit Hub editor Jonny Diamond said Monday that the plagiarized material concerned passages about the history of plagiarism; several commentators on social media had found similarities between Bello’s writing and work from various previous sources. Bello did not immediately respond to a request for comment.
In her essay, Bello writes about her determination to finish her novel, about a young Black woman who becomes pregnant. She remembers wanting to add “literary descriptions” of pregnancy, which she had not experienced, and seeking outside material.
“I tell myself I’m just borrowing and changing the language. I tell myself I will rewrite these parts later during the editorial phase. I will make this story mine again,” she wrote.
“I would have told myself anything at that point. I would go to sleep at 8am because of keyed-up nerves and wake up at midnight. I stay up all night, writing through the days. I just want to get through it, to a place where I can sleep again. Looking back on this moment, I ignored my instincts. I ignored the voice inside that said quietly, this is wrong wrong wrong.” | https://cw33.com/entertainment-news/ap-entertainment/authors-plagiarism-essay-pulled-after-more-plagiarism-found/ | 2022-05-10T01:00:07Z |
BISMARCK, N.D. (AP) — Federal authorities reviewing a Chinese company’s purchase of land in North Dakota for a wet corn milling plant say more information is needed before they can decide whether the project might be detrimental to national security.
Fufeng Group’s planned $700 million project in Grand Forks is near a U.S. Air Force base, prompting opponents to raise concerns about potential for espionage.
The Committee on Foreign Investment in the United States told Fufeng in a letter this week that the information the company has provided is “insufficient.” The company said in a statement that it has been “open and cooperative” with U.S. officials and will comply with the government’s request for more information.
Grand Forks City Administrator Todd Feland said Friday that infrastructure work being done by the city for the project would be halted until the review is complete. He said the review is expected to take up to three months.
“I think it’s going to be one of the most highly scrutinized projects from a national security perspective through this process, which is good for everybody,” Feland said.
Amid growing opposition toward the project, Gov. Doug Burgum, and North Dakota U.S. Sens. John Hoeven and Kevin Cramer — all Republicans — pressed the U.S. government in July to expedite a review to ensure it doesn’t pose a risk to national security.
Feland has said the company, which is privately owned, voluntarily submitted a formal request for a review in July.
The Grand Forks City Council in February gave initial approval to the Chinese agribusiness for its proposed corn-milling facility that officials said could be the largest private sector investment in the community’s history.
Fufeng makes products for the animal nutrition, food and beverage, pharmaceutical, health and wellness, oil and gas, and other industries. It’s a leading producer of xanthan gum. The Grand Forks site would be its first U.S.-based manufacturing facility. | https://cw33.com/business/ap-business/ap-us-seeks-more-info-on-chinese-companys-north-dakota-project/ | 2022-09-03T02:50:51Z |
Severe storms pummel South killing at least 2 in Florida
(AP) - A line of severe storms packing isolated tornadoes and high winds ripped across the Deep South overnight — killing at least two in the Florida Panhandle, toppling trees and power lines and leaving homes and businesses damaged as the vast weather front raced across several states.
In Florida, the Washington County Sheriff’s Office said Thursday morning that two were killed and two injured when a tornado touched down in the western Florida Panhandle.
Two homes were destroyed and powerlines were knocked down, according to Washington Country Emergency Management spokeswoman Cheryl Frankenfield. The county’s Facebook page showed at least one home that was obliterated, as well as trees down on another home. No other details were immediately available.
The Florida Division of Emergency Management has employees in the area to help, spokesperson Samantha Bequer said. She said neighboring Jackson County also had property damage.
“It’s a nasty day, but thankfully these storms are moving quickly,” she said.
At least two confirmed tornadoes injured several people Wednesday, damaged homes and businesses and downed power lines in Mississippi and Tennessee after earlier storm caused damage in Arkansas, Missouri and Texas.
About 185,000 customers were without electricity Thursday morning in the wake of the storm along a band of states: Mississippi, Alabama, Tennessee, Kentucky, Indiana, Ohio and Michigan, according to poweroutage.us, which tracks utilities.
The worst of the weather Thursday morning appeared to be at the southern end of the storm front, which was expected to bring heavy rain and high winds all along the U.S. East Coast later in the day. Much of the Florida Panhandle was under a tornado watch, according to the National Weather Service in Tallahassee.
Widespread damage was reported in the Jackson, Tennessee, area as a tornado warning was in effect. “Significant damage” occurred to a nursing home near Jackson-Madison County General Hospital and the Madison County Sheriff’s Office in Jackson, said Madison County Emergency Management Director Jason Moore.
In Nashville, Tennessee, paneling fell five stories from the side of a downtown hotel Wednesday evening and onto the roof of a building below. The fire department warned that debris could become airborne as high winds continued, and some hotel guests were moved to other parts of the building due to concerns the roof would become unstable. No injuries were immediately associated with the collapse.
Daylight revealed widespread wind damage across Alabama.
One person suffered minor injuries when a storm hit the University of Montevallo campus south of Birmingham, damaging three buildings, officials said, and a woman was injured when a manufactured home rolled over in rural Bibb County. A school bus was flipped at a high school in south Alabama, and part of the roof was missing from a church in northwest Alabama.
Elsewhere, a warehouse roof collapsed as the storms moved through Southaven, Mississippi, near Memphis, police said. The building had been evacuated and no injuries were reported.
The Mississippi Senate suspended its work Wednesday as weather sirens blared during a tornado watch in downtown Jackson. Some employees took shelter in the Capitol basement.
Rander P. Adams said he and his wife, Janice Delores Adams, were in their home near downtown Jackson when severe weather blew through during a tornado warning Wednesday afternoon. He said their lights flashed and a large window exploded just feet from his wife as she tried to open their front door.
“The glass broke just as if someone threw a brick through it,” he said. “I advised her then, ‘Let’s go to the back of the house.’”
Adams said the storm toppled trees in a nearby park, and a large tree across the street from their house split in half. “We were blessed,” he said. “Instead of falling toward the house, it fell the other way.”
Earlier Wednesday, a tornado that struck Springdale, Arkansas, and the adjoining town of Johnson, about 145 miles (235 kilometers) northwest of Little Rock, shortly after 4 a.m. injured seven people, two critically, according to Springdale Mayor Doug Sprouse.
Sprouse said in a statement that one of those critically injured had improved and was in stable condition and the other five were released from a hospital.
“Our first responders have completed door-to-door searches, and we believe everyone has been accounted for,” Sprouse said.
The National Weather Service in Tulsa said Thursday that the tornado has been rated an EF-3, up from an initial assessment of EF-2, with wind speeds between 136-165 mph (219-265 kph). The tornado reached a peak speed of about 145 mph (233 kph) and 5 miles (8 kilometers) while on the ground for about eight minutes, according to the weather service.
In northwest Missouri, an EF-1 tornado with wind speeds around 90 mph (145 kph) struck St. Joseph on Tuesday night, damaging two homes.
A small tornado also touched down briefly on the eastern edge of Dallas, according to the National Weather Service in Fort Worth. The tornado struck just after 4:30 a.m. Wednesday near McClendon-Chisolm with top winds of about 100 mph (161 kph) and damaged homes, but no injuries were reported, according to the weather service.
The storms come a week after a tornado in a New Orleans-area neighborhood carved a path of destruction during the overnight hours and killed a man.
Strong winds in Louisiana overturned semitrailers, peeled the roof from a mobile home, sent a tree crashing into a home and knocked down power lines, according to weather service forecasters, who did not immediately confirm any tornadoes in the state.
The National Weather Service office in New Orleans said Thursday that teams would be out in Tangipahoa and St. Tammany Parishes in southeastern Louisiana and in Jackson County in southeastern Mississippi surveying damage. They said the highest wind speed recorded in the office’ coverage area was 67 mph (108 kph) at the New Orleans Lakefront airport with winds in Baton Rouge reaching into the high 50 mph (80 kph) range.
Firefighters, meanwhile, have been trying to get handle on a wildfire spreading near Great Smoky Mountains National Park in Tennessee, amid mandatory evacuations as winds whipped up ahead of the approaching storm front.
The fire, which was not contained, had expanded to about 250 acres (more than 100 hectares) as of Wednesday afternoon. One person was injured, and a plume of smoke rose above one community not far from where 2016 wildfires ravaged the tourism town of Gatlinburg, killing 14 people and damaging or destroying about 2,500 buildings.
___
Wagster Pettus reported from Jackson, Mississippi, and Mattise from Nashville, Tennessee; many other Associated Press journalists contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/03/31/severe-storms-pummel-south-after-7-hurt-arkansas-tornado/ | 2022-04-02T08:55:40Z |
Deep Network Analytics and Applied Machine Learning Provides Intelligence Related to Network for Improving Customer Experience
CUPERTINO, Calif., June 7, 2022 /PRNewswire/ -- Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and network services, security, risk management, testing, and monitoring, today announced it has entered into a multi-year partnership with PT Smartfren Telecom Tbk ("Smartfren"), a leading progressive mobile operator in Indonesia. The new contract delivers Mobileum's digital insights and network analytics which will allow Smartfren to strengthen and enhance Customer experience and personalized product development as well as improve service quality and performance for its over 33 million subscribers in Indonesia.
Smartfren will leverage Mobileum's recently acquired Niometrics' Deep Network Analytics (DNA) software to derive insights from the volumes of user data traversing its network. Integrating with Smarfren's existing data core network and its data-warehouse the solution identifies multi-dimensional data attributes, uncovering how the network responds to specific usage demands, providing Smartfren with trends into the application experience and overall device performance in the network.
To cater to growing demand for video streaming in Indonesia, Smartfren will also use Mobileum's Video Streaming Analytics (VSA) solution to deliver high quality online video experiences to its customers. VSA uses advanced machine learning algorithms to determine performance and experience metrics, such as poor resolution or high buffering times, and gives Smartfren the capability to quantify, assess, and improve the quality of video streams delivered throughout its network.
This partnership reaffirms Smartfren's commitment as Indonesia's leading telecoms provider to continuously invest in emerging technologies and offer an exceptional quality of service to its customers.
Commenting on the partnership between Smartfren and Mobileum, Sandeep Mishra, CEO of Sinarmas Cognitive and Big Data, said: "Smartfren is excited to leverage Mobileum's deep network analytics towards better product offerings and improved experience to our customers. The insights from the solution will help us drive both performance and experience improvements across all customer segments.
Commenting on the partnership, Sam Lau, Senior Vice President of Global Sales, Analytics and Engagement of Mobileum, said: "We are very pleased with the opportunity to collaborate with Smartfren in its pursuit of excellence for complex digital networks. Being the leading progressive mobile operator in Indonesia, the company gives Mobileum the privilege to stretch our network analytics technology into the territory of ground-breaking scalability. We are confident that our analytics solutions will serve Smartfren well in its pursuit of service excellence."
About Smartfren
PT Smartfren Telecom Tbk (IDX: FREN) is one of the telecommunications service providers in Indonesia. In 2015, Smartfren innovated by launching the first commercial 4G LTE Advanced service in Indonesia, and in early 2016, Smartfren again made history as a telecommunications company in Indonesia that provides Voice over LTE (VoLTE) services commercially. In 2017, Smartfren confirmed its position as a leading telecommunications operator service provider in providing 4G-based telecommunications services and made Smartfren the only operator operating on a fully 4G network. In 2019, Smartfren successfully carried out a 5G trial which was carried out in Jakarta and this year, Smartfren became the first operator in Indonesia to present eSIM innovation. With the eSIM innovation, Smartfren gives its customers the advantage to access the Smartfren network to their communication devices without using a physical SIM card. eSIM stores phone numbers, subscription packages, network configurations that allow your device to connect to Smartfren. Now, with a wide network coverage area, through around 42,000 4G BTS spread across 220 cities throughout Indonesia, Smartfren has been asked to become the official telco partner for well-known global smartphone brands, such as Samsung. For internet service packages, Smartfren is currently establishing itself as a telecommunications operator that provides a variety of starter packs and internet package services. Smartfren has a Starter Card and Smartfren GOKIL MAX, Unlimited, Quota Nonstop, and 1ON+ internet packages. In addition to offering a variety of data and voice products and services, Smartfren also provides corporate business solutions, for business solutions for institutions and corporations in Indonesia. For more information, please visit www.smartfren.com
About Mobileum Inc.
Mobileum is a leading provider of Telecom analytics solutions for roaming, core network, security, risk management, domestic and international connectivity testing, and customer intelligence. More than 1,000 customers rely on its Active Intelligence platform, which provides advanced analytics solutions, allowing customers to connect deep network and operational intelligence with real-time actions that increase revenue, improve customer experience, and reduce costs. Headquartered in Silicon Valley, Mobileum has global offices in Australia, United Arab Emirates, Germany, Greece, India, Indonesia, Portugal, Singapore, and UK.
Learn more in https://www.mobileum.com/ and follow @MobileumInc on Twitter
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SOURCE Mobileum | https://www.wibw.com/prnewswire/2022/06/08/smartfren-mobileum-sign-multi-year-agreement-enhance-customer-experience-personalized-product-development/ | 2022-06-08T02:23:46Z |
7 adults, 3 kids dead in house fire; criminal probe underway
NESCOPECK, Pa. (AP) — Fire tore quickly through a house in the wee hours of Friday, killing seven adults and three children and horrifying a volunteer firefighter who arrived to battle the blaze only to discover that the victims were his family, authorities said.
A criminal investigation into the fire is underway, authorities said. The children who died in the fire were ages 5, 6 and 7, Pennsylvania State Police said in a news release.
Nescopeck Volunteer Fire Co. firefighter Harold Baker told the Citizens’ Voice newspaper of Wilkes-Barre that the 10 victims included his son, daughter, father-in-law, brother-in-law, sister-in-law, three grandchildren and two other relatives.
The fire in Nescopeck was reported around 2:30 a.m. One person was found dead inside the single-family home shortly after emergency responders arrived, while two other victims were found later in the morning.
Some people were able to safely flee the burning home, authorities said.
Baker said that the address initially given for the call was a neighboring home, but that he realized it was his family’s residence as the fire truck approached.
“When we turned the corner up here on Dewey (Street) I knew right away what house it was just by looking down the street,” Baker told the Citizens’ Voice. “I was on the first engine, and when we pulled up, the whole place was fully involved. We tried to get in to them.”
Neighbors reported hearing a loud popping sound or explosion before seeing the front porch of the home rapidly consumed by flames. Some also reported hearing a young man screaming in front of the home, “They’re all dead.”
Baker, who was relieved of his firefighting duties because of his relationship to the victims, said 14 people were living in the home. One of them was out delivering newspapers, and three others escaped, he said.
“It’s a complex criminal investigation with multiple fatalities,” Pennsylvania State Police Lt. Derek Felsman said. Troopers were interviewing survivors, he said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/05/firefighter-many-10-his-relatives-feared-dead-house-fire/ | 2022-08-05T21:21:32Z |
Brand Continues to Capture Increased Share of Market in SUV, Electric and Hybrid Vehicle Segments
IRVINE, Calif., Aug. 2, 2022 /PRNewswire/ -- Led by the all-new Sportage SUV, Kia America today announced overall July sales of 62,449 units. Available in gas, hybrid and plug-in hybrid drivetrains, the Sportage SUV posted record July sales of 11,985 units, breaking the previous July mark set in 2021. Sales of the Sorento SUV, which is also available in gas, HEV and PHEV configurations, increased 16-percent month-over-month. Overall, sales of Kia's electric and hybrid models increased 86-percent year-over-year.
"As Kia continues to outpace the industry, we are well on our way to establishing the brand as a sales leader with our popular Sorento and Sportage SUVs and our electrified models including the EV6 and Niro models," said Eric Watson, vice president, sales operations, Kia America. "With the introduction of the Sportage PHEV and the ongoing popularity of the all-electric Kia EV6, the brand's push toward electrification is ongoing and we expect to continue gaining share in this important category. Kia's eco-friendly line-up will be further enhanced as production begins on the all-new 2023 Niro family of hybrid models which arrive in Kia showrooms this October."
In addition to sales, July saw several significant announcements coming from the brand, including:
- A new creative campaign for one of the brand's most iconic models, the 2023 Soul. The campaign features NFTs as talent and incorporates a unique QR code embedded into the creative. When viewers scan the code with a smartphone, they can easily obtain one of 10,100 Kia-themed NFTs and it will be seamlessly deposited and stored in their own Sweet blockchain wallet.
- Kia's continued expansion of the company's commitment to education through $1,800,000 in donations to fund scholarships for underrepresented and underprivileged students across the U.S.
Kia America - about us
Headquartered in Irvine, California, Kia America continues to top automotive quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the "Official Automotive Partner" of the NBA and offers a range of gasoline, hybrid, plug-in hybrid, and electrified vehicles sold through a network of more than 750 dealers in the U.S., including several cars and SUVs proudly assembled in America.
For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert.
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SOURCE Kia America | https://www.mysuncoast.com/prnewswire/2022/08/02/kia-america-announces-july-sales/ | 2022-08-02T08:09:24Z |
With tasty, NEW chocolate and ice cream treats to celebrate
BURLINGTON, Vt., Aug. 18, 2022 /PRNewswire/ -- Two companies known for their passion for social justice have fallen bar over spoon for each other into a Chocolate Love A-Fair. Ben & Jerry's has joined Tony's Chocolonely's mission to end modern slavery and child labor in the chocolate industry. It's a match made in changemaker heaven.
To celebrate their commitment, the ice cream and chocolate makers' Flavor Gurus got busy making sweet treats inspired by each other. Coming in January 2023, Chocolatey Love A-Fair, a new flavor from Ben & Jerry's based on Tony's popular milk caramel sea salt bar; and Tony's Chocolate Love A-Fair, two new Tony's bars inspired by Ben & Jerry's Strawberry Cheesecake and Chocolate Fudge Brownie ice cream flavors. It's love at first bite.
The cocoa beans from these brand-new chocolatey treats are sourced through Tony's Open Chain which helps companies take steps to end modern slavery and child labor in the chocolate industry. Ben & Jerry's will also begin converting its ice cream portfolio to Tony's Open Chain, prioritizing the cocoa in the ice cream base mix. Ben & Jerry's already pays farmers a Fairtrade Premium for their cocoa beans through an ongoing partnership with Fairtrade, and boosts this further by paying a Living Income Reference Price. As part of Tony's Open Chain, Ben & Jerry's will now also commit to Tony's 5 Sourcing Principles which means, among other things, also paying a fee to further support the partner co-operatives in Côte d'Ivoire.
By adopting Tony's 5 Sourcing Principles, companies take responsibility for ensuring a fully traceable cocoa supply chain and paying a higher price to address poverty, the root cause of social injustice for cocoa farmers. As a Mission Ally of Tony's Open Chain and by beginning their conversion to buying cocoa directly from eight partner co-operatives in Côte d'Ivoire, Ben & Jerry's will not only get to know which farmers produce the beans that go into their chocolatey ice cream, but also under which social and environmental circumstances they are grown. Full traceability and transparency of the cocoa supply chain is crucial to achieve social justice for cocoa farmers – and to enable dignified livelihoods.
"We began this journey seven years ago, when we first partnered with Fairtrade co-ops in Côte d'Ivoire, and this is the exciting next step in our cocoa journey as we amplify our commitment to farmers, equity, and ethical sourcing," said Cheryl Pinto, Ben & Jerry's Global Head of Values-led Sourcing. "Tony's Open Chain enables us to combine traceability with sourcing principles that naturally align to Ben & Jerry's mission and supports cocoa farmers to meet high standards on social and environmental practices while strengthening their co-operative."
"Embracing the 5 Sourcing Principles of Tony's Open Chain means unlocking the key elements to driving strong trading relationships and thriving cocoa communities," Cheryl said, "We are serious about chocolatey ice cream, and we are eager to join forces with Tony's Open Chain as a Mission Ally, on a delicious journey towards a more ethical future for cocoa production that all chocolate lovers deserve!"
Joke Aerts, Inspire to Actress (Tony's Open Chain Lead) for Tony's Chocolonely, said, "We are thrilled that Ben & Jerry's joins us as a Mission Ally in Tony's Open Chain. Not only will this partnership see large volumes of cocoa beans sourced via Tony's Open Chain but collaborating with one of the world's most-loved social justice companies truly puts our initiative on the map internationally and proves that our way of working is a solution for all players in the cocoa industry. I am confident that, together, we can make big strides towards eradicating modern slavery and child labor, stopping deforestation, and improving the livelihoods of West African cocoa farmers."
- Ben & Jerry's Chocolatey Love A-Fair ice cream featuring chocolate ice cream packed with salted cara-melt-in-your-mouth swirls, and plenty of chocolatey & caramel chunks – chilling in a freezer near you early 2023. It takes its inspiration from Tony's popular milk caramel sea salt bar. Like all Ben & Jerry's tasty pints, it's Fairtrade Certified.
- Tony's Chocolate Love A-Fair, two sweet new Tony's bars - dark milk chocolate with brownie and white chocolate strawberry cheesecake style– inspired by 2 classic Ben & Jerry's ice cream flavors. Hitting shelves near you early 2023.
High-res imagery can be download: HERE
- Transitioning to fully traceable cocoa beans.
- Paying an additional premium for their cocoa beans, enabling farmers to earn a living income.
- Promoting strong co-operatives to professionalize and make the work of cocoa farming safe and sustainable. Collectively, this means farmers stand strong and are empowered to change structural inequity in the value chain.
- Engaging in long-term commitments giving the farmers income security and the opportunity to invest in their businesses.
- Coaching farmers to improve their cocoa productivity and quality and improve their agricultural knowledge on relevant crops.
Ben & Jerry's has been making great ice cream since the company was founded by school friends Ben Cohen and Jerry Greenfield, back in 1978. Their aim is (and always has been!) to make the best possible ice cream, in the nicest possible way. We use Fairtrade certified ingredients in our dairy and non-dairy ranges, including sugar, cocoa, vanilla, bananas, coffee, almonds and coconut. To learn more about how we do business, visit https://www.benjerry.com/values/how-we-do-business/cocoa-commitment.
Tony's Chocolonely is an impact company that makes chocolate. Putting social impact before profit — Tony's Chocolonely's vision is to make chocolate 100% slave free. Not just their own chocolate, but all chocolate worldwide.
The company was founded in 2005 by 3 journalists from the Dutch TV show 'Keuringsdienst van Waarde' after they discovered that the world's largest chocolate manufacturers were buying cocoa from plantations that used child labor and modern slavery.
Since then, Tony's Chocolonely has dedicated its efforts to raising awareness of and eliminating inequality in the chocolate industry. Tony's Chocolonely leads by example, building direct, long-term relationships with cocoa farmers in Ghana and Côte d'Ivoire, paying them a higher price and working together to solve the underlying causes of modern slavery and child labor.
Tony's Chocolonely wants to inspire the industry as a whole to make 100% slave free the norm in chocolate. They believe that being a better business should be the norm, not the exception. The brand has grown to become one of the market leaders in the Netherlands and its bars are now available almost worldwide, with teams in the Netherlands, USA, UK, Germany, Austria, Belgium and Sweden.
Tony's Chocolonely is a B-Corp and Fairtrade-certified.
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SOURCE BEN & JERRY'S | https://www.mysuncoast.com/prnewswire/2022/08/18/chocolate-love-a-fair-with-serious-mission-ben-amp-jerrys-joins-forces-with-tonys-chocolonely-make-chocolate-100-modern-slavery-free/ | 2022-08-18T09:29:27Z |
Autopsy: Patrick Lyoya killed by cop’s shot to the head
Published: May. 6, 2022 at 5:17 PM CDT|Updated: 1 hour ago
GRAND RAPIDS, Mich. (AP) — An official autopsy has concluded that Patrick Lyoya, a Black man who was killed by a Michigan police officer, died from a gunshot to the back of his head.
The finding matches the conclusion of an expert hired by Lyoya’s family.
The report from the Kent County medical examiner also says Patrick Lyoya’s blood-alcohol level was 0.29, more than three times over the legal limit for driving, when his car was stopped in Grand Rapids on April 4.
The Detroit Free Press reported the autopsy results Friday.
Lyoya was a 26-year-old refugee from Congo.
He was killed during a physical struggle with Grand Rapids Officer Christopher Schurr.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/06/autopsy-patrick-lyoya-killed-by-cops-shot-head/ | 2022-05-06T23:24:36Z |
BENSALEM, Pa., Sept. 9, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against LifeStance Health Group, Inc. ("LifeStance" or the "Company") (NASDAQ: LFST).
Class Period: June 2021 IPO
Lead Plaintiff Deadline: October 11, 2022
Investors suffering losses on their LifeStance investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the number of virtual visits clients were undertaking utilizing LifeStance was decreasing as the COVID-19 lockdowns were being lifted, thereby flatlining the Company's out-patient/virtual revenue growth; (2) that the percentage of in-person visits clients were undertaking utilizing LifeStance was increasing as the COVID-19 lockdowns were being lifted, thereby causing the Company's operating expenses to increase substantially; (3) that LifeStance had lost a large number of physicians due to burn-out and, as a result, its physician retention rate had fallen significantly below the 87% highlighted in the Registration Statement and the Company had been expending additional costs to onboard new physicians who were less productive than the outgoing physicians they were replacing; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith | https://www.mysuncoast.com/prnewswire/2022/09/09/lfst-investors-have-opportunity-lead-lifestance-health-group-inc-securities-fraud-lawsuit/ | 2022-09-09T18:34:50Z |
NEW YORK, July 19, 2022 /PRNewswire/ -- Lument Securities (Lument) recently advised Stonerise Healthcare (Stonerise), the leading skilled nursing and transitional care provider in West Virginia, on its sale to a group consisting of a New York-based real estate investment firm and an operating partner —CommuniCare Health Services.
Stonerise was founded in 2009. Its integrated network of care includes transitional and skilled nursing care, therapy, home health, and hospice services, which it provides throughout West Virginia and in Southeast Ohio. The skilled nursing portfolio of 18 owned and operated facilities across West Virginia totals 1,955 licensed beds, including a new 90-private-bed facility set to open in late 2022.
The sale of Stonerise's businesses in skilled nursing facilities (SNFs) and a therapy company closed on June 30. The sale of the home health and hospice agencies, institutional special needs plan, and development project is expected to close upon receipt of customary regulatory approvals.
Managing Director Laca Wong-Hammond and Associate Director Dominic Porretta led the transaction for Lument Securities, which served as exclusive financial advisor to Stonerise. The transaction is the capstone of a decade-long U.S. Department of Housing and Urban Development (HUD) Federal Housing Administration (FHA) financing relationship between Lument and Stonerise, which was led by Managing Director Thomas Gale.
"As we assessed our strategic alternatives, we gained confidence that Lument's M&A team had the depth of experience and proven track record to continue serving our company as we scripted the next chapter," said Larry Pack, co-founder and CEO of Stonerise. "This transaction achieved all of our objectives including a confidential process, stability for ongoing operations, and a solution for many ancillary businesses. We knew the magnitude of our statewide franchise, coupled with our expectations on value and a smooth transition for our workforce, required superior execution – our investment bankers delivered."
"This transaction is an ideal example of our ability to bring the full array of expertise for closely-held businesses, including creating tax-advantaged exit structures, leveraging our buyer relationships, and delivering results in-spite of volatile capital markets and operating environments," said Wong-Hammond. "Together, we pushed the limits to achieve an extremely strong outcome for Stonerise."
ORIX Real Estate Capital Holdings, LLC, d/b/a Lument, is a subsidiary of ORIX Corporation USA. Lument is a national leader in commercial real estate finance. As the combined organization of legacy industry experts Hunt Real Estate Capital, Lancaster Pollard, and RED Capital Group, Lument delivers a comprehensive set of capital solutions customized for investors in multifamily, affordable housing, and seniors housing and healthcare real estate. Lument is a Fannie Mae DUS®, Freddie Mac Optigo®, FHA, and USDA lender. In addition, Lument offers a suite of proprietary commercial lending, real estate investment sales, investment banking, and investment management solutions. Lument has approximately 600 employees in over 25 offices across the United States. Securities, investment banking, and advisory services are provided through OREC Securities, LLC, d/b/a Lument Securities, Member FINRA/SIPC. Investment advisory services are provided by OREC Investment Management, LLC, d/b/a Lument Investment Management. OREC Investment Management is registered as an investment adviser with the U.S. Securities and Exchange Commission. For more information, visit www.lument.com.
Tyler Howard | Associate Director
513-403-1911 | tyler.howard@lument.com
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SOURCE Lument | https://www.kxii.com/prnewswire/2022/07/19/lument-securities-advises-stonerise-healthcare-sale/ | 2022-07-19T19:45:30Z |
NEW YORK (AP) — Lamont Dozier, the middle name of the celebrated Holland-Dozier-Holland team that wrote and produced “You Can’t Hurry Love,” “Heat Wave” and dozens of other hits and helped make Motown an essential record company of the 1960s and beyond, has died at age 81.
Dozier died “peacefully” Monday at his home near Scottsdale, Arizona, according to a statement issued by his family. The cause of death was not immediately determined. Duke Fakir, a close friend and the last surviving member of the original Four Tops, called Dozier a “beautiful, talented guy” with an uncanny sense of what material worked best for a given group.
“I like to call Holland-Dozier-Holland ‘tailors of music,’” he said Tuesday during a telephone interview. “They could take any artist, call them into their office, talk to them, listen to them and write them a top 10 song.”
In Motown’s historic, self-defined rise to the “Sound of Young America,” Holland-Dozier-Holland stood out even compared to such gifted peers as Smokey Robinson, Stevie Wonder and Barrett Strong. Over a four-year period, 1963-67, Dozier and brothers Brian and Eddie Holland crafted more than 25 top 10 songs and mastered the blend of pop and rhythm and blues that allowed the Detroit label, and founder Berry Gordy, to defy boundaries between Black and white music and rival the Beatles on the airwaves.
For the Four Tops, they wrote “Baby I Need Your Loving” and “Reach Out (I’ll Be There),” for Martha and the Vandellas they wrote “Heat Wave” and “Jimmy Mack,” for Marvin Gaye “Baby Don’t You Do It” and “How Sweet It Is (To Be Loved by You).” The music lived on through countless soundtracks, samplings and radio airings, in cover versions by the Rolling Stones, Linda Ronstadt, James Taylor and many others and in generations of songwriters and musicians influenced by the Motown sound.
“Their structures were simple and direct,” Gerri Hirshey wrote in the Motown history “Nowhere to Run: The Story of Soul Music,” published in 1984. “Sometimes a song barreled to number one on the sheer voice of repetitive hooks, like a fast-food jingle that lurks, subliminally, until it connects with real hunger.”
Brian Wilson, Ronnie Wood and Mick Hucknall were among the many musicians offering tributes Tuesday. Carole King, who with then-husband Gerry Goffin was another leading hitmaker of the ’60s, tweeted that “striving to keep up with them made us better songwriters.”
The polish of H-D-H was ideally suited for Motown’s signature act, Diana Ross and the Supremes, for whom they wrote 10 No. 1 songs, among them “Where Did Our Love Go,” “Stop! In the Name of Love” and “You Can’t Hurry Love.” Expectations were so high that when “Nothing But Heartaches” failed to make the top 10 in 1965, Gordy sent a company memo demanding that Motown only release chart toppers for the Supremes, an order H-D-H obeyed with “I Hear a Symphony” and several more records.
Holland-Dozier-Holland weren’t above formulas or closely repeating a previous hit, but they worked in various moods and styles: the casual joy of “How Sweet It Is (To Be Loved by You),” the escalating desire of “Heat Wave,” the urgency of “Reach Out (I’ll Be There).” Dozier’s focus was on melody and arrangements, whether the haunting echoes of the Vandellas’ backing vocals on “Nowhere To Run,” flashing lights of guitar that drive the Supremes’ “You Keep Me Hanging On,” or the hypnotic gospel piano on Gaye’s “Can I Get a Witness.”
“All the songs started out as slow ballads, but when we were in the studio we’d pick up the tempo,” Dozier told the Guardian in 2001. “The songs had to be fast because they were for teenagers – otherwise it would have been more like something for your parents. The emotion was still there, it was just under cover of the optimism that you got from the up-tempo beat.”
The prime of H-D-H, and of Motown, ended in 1968 amid questions and legal disputes over royalties and other issues. H-D-H left the label, and neither side would recover. The Four Tops and the Supremes were among the acts who suffered from no longer having their most dependable writers. Meanwhile, H-D-H’s efforts to start their own business fell far short of Motown. The labels Invictus and Hot Wax both faded within a few years, and Dozier would recall with disbelief the Hollands’ turning down such future superstars as Al Green and George Clinton. H-D-H did release several hits, including Freda Payne’s “Band of Gold” and Honey Cone’s “Want Ads.”
Holland-Dozier-Holland were inducted into the Songwriters Hall of Fame in 1988 and the Rock and Roll Hall of Fame two years later. On his own, Dozier had a top 20 hit with “Trying to Hold on to My Woman,” helped produce Aretha Franklin’s “Sweet Passion” album and collaborated with Eric Clapton and Hucknall among others. His biggest success was co-writing Phil Collins’ chart-topping “Two Hearts,” from the 1988 movie “Buster,” a mid-tempo, Motown-style ballad that won a Grammy and Golden Globe and received an Oscar nomination.
H-D-H reunited for a stage production of “The First Wives Club,” which premiered in 2009, but their time back together was brief and unhappy. Dozier and the Hollands clashed often and Dozier dropped out before the show launched. “I can’t see us ever working with Lamont again,” Eddie Holland wrote in “Come and Get These Memories,” a memoir by the Hollands that came out in 2019, the same year Dozier published the memoir “How Sweet It Is.”
Dozier acknowledged that his early success conflicted with his family life, but he eventually settled down with Barbara Ullman, who died in 2021 after more than 40 years of marriage. His children included the songwriter-record producer Beau Dozier and composer Paris Ray Dozier.
Like so many Motown artists, Dozier was born in Detroit and raised in a family of singers and musicians. He sang in the choir of his Baptist church and his love for words was affirmed by a grade school teacher who, he recalled, liked one of his poems so much she kept it on the blackboard for a month. By the late 1950s, he was a professional singer and eventually signed with Motown, where he first worked with Brian Holland, and then Eddie Holland, who wrote most of the lyrics.
Some of Motown’s biggest hits and catchiest phrases originated from Dozier’s domestic life. He remembered his grandfather’s addressing women as “Sugar pie, honey bunch,” the opening words and ongoing refrain of the Four Tops’ “I Can’t Help Myself (Sugar Pie, Honey Bunch).” The Four Tops hit “Bernadette” was inspired by all three songwriters having troubles with women named Bernadette, while an argument with another Dozier girlfriend helped inspire a Supremes favorite.
“She was pretty heated up because I was quite the ladies’ man at that time and I’d been cheating on her,” Dozier told the Guardian. “So she started telling me off and swinging at me until I said, ‘Stop! In the name of love!’ And as soon as I’d said it I heard a cash register in my head and laughed. My girlfriend didn’t think it was very amusing: we broke up. The only ones who were happy about it were the Supremes.”
___
For more AP entertainment news, go to https://apnews.com/hub/entertainment | https://cw33.com/entertainment-news/ap-entertainment/motown-songwriter-producer-lamont-dozier-dead-at-81/ | 2022-08-09T17:58:17Z |
New, American-made line offers quick delivery, lower price point with standardized specifications
STODDARD, N.H., May 18, 2022 /PRNewswire/ -- Carlisle Wide Plank Floors, the leader in artisan-crafted wide plank hardwood flooring for residential and commercial spaces, has introduced the Essentials Collection, a line of eight popular colors on White Oak that currently ship in eight weeks. With names such as Cashmere, Leather, Merino, Pearl, Pewter, Suede, Tweed and Velvet, the wide plank floors in the Essentials Collection are inspired by time-honored fabrics and materials that pair with everything. Color tones in the collection range from subtle whites and gray washes to deeply pigmented browns and blacks, offering a foundation for a range of architectural and interior design styles.
The American-made line combines the handcrafted quality of Carlisle floors with a set menu of selections that enable the company to hold inventory to expedite shipping and reduce costs. Floors in the Essentials Collection are priced below the company's comparable custom floors and the minimum order is just 400 square feet – half the minimum of other Carlisle collections.
"We wanted to buck the trend toward much longer lead times and higher costs caused by the global disruption in the supply chain. With the Essentials Collection, we provide an option that offers the Carlisle quality with shorter lead times and an enticing price point," explains Chris Sy, company President.
The Essentials Collection uses American-sourced White Oak. The heirloom-grade engineered planks in the collection are offered in two- to ten-foot lengths. Each plank is six inches wide and 5/8 inch thick, with a smooth texture and an extra matte sheen. While customization is available, eight-week turnaround and lower pricing is only available for orders using standard specifications.
The collection can be ordered through Carlisle showrooms or by contacting Carlisle directly.
For more information, visit www.wideplankflooring.com
Access high-res images: Link here
About Carlisle Wide Plank Floors
Carlisle Wide Plank Floors has been creating fine, wide plank wood floors for more than 50 years. Using a time-honored process, Carlisle handcrafts one plank at a time, whether the floor is selected from the company's extensive curated collections or completely custom. Carlisle is committed to responsibly sourcing timber grown in America's forests and selects only the highest quality wood for its floors. Headquartered in Stoddard, NH, Carlisle also has showrooms in Boston, Chicago, Dallas, New York, San Francisco and Washington, D.C..
Contact: Lauri Buffum, 603-801-4936, lbuffum@wideplankflooring.com
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SOURCE Carlisle Wide Plank Floors | https://www.mysuncoast.com/prnewswire/2022/05/18/carlisle-wide-plank-floors-launches-essentials-collection/ | 2022-05-18T16:28:42Z |
PLYMOUTH MEETING, Pa., July 1, 2022 /PRNewswire/ -- INOVIO (NASDAQ: INO), a biotechnology company focused on developing and commercializing DNA medicines to help protect people from infectious diseases and treat people with cancer and HPV-associated diseases, today announced that in connection with the hiring of Dr. Michael John Sumner as Chief Medical Officer, announced on June 27, 2022, the Compensation Committee of INOVIO's Board of Directors approved equity grants to Dr. Sumner as inducement awards under INOVIO's 2022 Inducement Plan (the "Inducement Plan"). The grants were awarded on June 30, 2022 (the "Grant Date"), in accordance with Nasdaq Listing Rule 5635(c)(4).
Dr. Sumner received a restricted stock unit (RSU) award covering 105,000 shares of INOVIO common stock. The RSU award vests over a three-year period, with one-third of the shares vesting on each of the first, second and third anniversaries of the Grant Date. In addition, Dr. Sumner received a stock option to purchase an aggregate of 160,000 shares of INOVIO common stock. The stock option has an exercise price of $1.73, the closing price of INOVIO's common stock on the Grant Date. The stock option will vest and become exercisable with respect to one-fourth of the shares underlying the stock option vested on the Grant Date, and an additional one-fourth of the shares underlying the stock option on the first, second and third anniversaries of the Grant Date. The vesting of the RSU and stock option awards will be subject to Dr. Sumner's continued employment with INOVIO on such vesting dates. Each of these awards will be subject to the terms and conditions of a stock option agreement and RSU award agreement, as applicable, under the Inducement Plan.
INOVIO is a biotechnology company focused on developing and commercializing DNA medicines to potentially treat and protect people from infectious diseases, cancer, and diseases associated with HPV. Our DNA medicines are delivered using our proprietary smart device to produce a robust and tolerable immune response against targeted pathogens and cancers. For more information, visit www.inovio.com.
Contacts
Investors: Gene Kim, 267-589-9471, gene.kim@inovio.com
Media: Jeff Richardson, 267-440-4211, jeff.richardson@inovio.
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SOURCE INOVIO Pharmaceuticals, Inc. | https://www.wibw.com/prnewswire/2022/07/01/inovio-reports-inducement-grants-under-nasdaq-listing-rule-5635c4/ | 2022-07-01T20:29:36Z |
Halloween lovers will howl for these looks, 31% discount thru Oct. 31
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- Hotel Doggy, the creator of stylish clothing, pet furniture, toys and accessories for dogs, is wishing pet lovers a "happy Howl-oween" with its 2022 Halloween collection: "Lick or Treat." It's all treats and no tricks with this adorable line of dog onesies, sweaters and themed toys.
The collection includes items like:
Halloween Ghost Onesie: $24.99 https://hoteldoggy.com/products/halloween-ghost-onesie
Everyone needs a man's best friend-ly ghost. Available for pups XS - XL, this onesie is 95% cotton and 5% spandex for comfort with the right amount of stretch for playtime.
Halloween Boo Sweater: $24.99 https://hoteldoggy.com/products/halloween-boo-sweater
Do fright night right with this 100% acrylic spooktacular sweater. A leash hole makes this outfit easy to wear on a walk – the perfect way to stay cozy while trick or treating!
2in1 Coffin and Vampire Toy: $14.99 https://hoteldoggy.com/products/2in1-coffin-and-vampire-toy
Furry friends can take a bite out of Halloween with this campy squeaker.
3in1 Haunted House Toy: $19.99 https://hoteldoggy.com/collections/toys/products/3in1-haunted-house-toy
Dog trick or dog treat? This toy is both! Featuring separate squeaker toys, this ghastly combo provides hours of fun.
Based out of New York, Montreal and Toronto, Hotel Doggy is an internationally renowned brand that offers simple, stylish and functional products for dogs. The company was created in 2012 by Canadian fashion and trend forecasting guru, Nancy Dennis, who was looking to combine her fashion expertise with her passion for four-legged friends.
To shop Hotel Doggy's full Halloween collection and other offerings from the brand, visit hoteldoggy.com. Now through October 31, 2022, save 31% off 'Lick or Treat' items through the company's website.
For media assets, contact Patrick Seidl at Pseidl@tbc.us.
About Hotel Doggy:
Based out of New York, Montreal and Toronto, Hotel Doggy is an internationally renowned brand that offers simple, stylish and functional clothing, pet furniture, toys and accessories for dogs. The company was created in 2012 by Canadian fashion and trend forecasting guru, Nancy Dennis, who was looking to combine her fashion expertise with her passion for four-legged friends. Today, through a select group of global production partners, each Hotel Doggy product is designed just right. To learn more, visit: https://hoteldoggy.com/
Media Contact:
Patrick Seidl
pseidl@tbc.us
443.764.6406
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SOURCE Hotel Doggy | https://www.kxii.com/prnewswire/2022/09/08/all-treats-amp-no-tricks-hotel-doggys-halloween-collection/ | 2022-09-08T16:45:00Z |
HAIKOU, China, June 29, 2022 /PRNewswire/ -- The evening of June 28 witnessed the launch of the four-day 2022 (2nd) Hainan Brocade and Embroidery World Culture Week in Hainan Free Trade Port of southern China. This event aims to forge the culture week into an internationally influential platform for the world brocade and embroidery culture exchange and exhibition through a series of wonderful activities, according to Department of Tourism, Culture, Radio, Television and Sports of Hainan Province.
In the evening, the fashion show of "Clothing under the Sun" presented the national intangible cultural heritage projects of Yunjin (Yun brocade), Songjin (Song brocade) and Lijin (Li brocade) through the splendid costumes with fashion trend and traditional cultural charm. The show, combined with the international fashion style, predominant color, displays the vigor and vitality of Hainan Lijin, and makes the public feel the charming glamour of the intangible cultural heritage of Hainan.
Hainan Li brocade has a history of development for more than 3,000 years. Its skill is the oldest cotton textile dyeing and embroidery technology in China and even in the whole world, known as the "living fossil" of China's textile industry. In 2009, Li brocade was inscribed on the first batch of UNESCO List of Intangible Cultural Heritage in Need of Urgent Safeguarding.
As one of the important activities of the Hainan Brocade and Embroidery World Culture Week, with the "Brocade and Embroidery World" as the theme, the first intangible cultural heritage traditional embroidery printing and dyeing art exhibition in 2022 launched in Haikou. Many excellent intangible cultural heritage projects gathered here from all over China, such as the Zhuangjin (Zhuang brocade) technique, the skills of fish-skin production of Heze ethic group, and Songjin (Song brocade) weaving skills. The representative inheritors of intangible cultural heritage live show performances attracted many citizens and tourists to watch and participate actively in the experience.
In addition, the Hainan Brocade and Embroidery World Culture Week also held a series of activities, such as the Hainan Brocade and Embroidery World Culture Week Promotion Conference, the Second Hainan Creative Design Exhibition of Excellent Clothing With Patterns of Li and Miao Ethic Group in 2022, to further promote the excellent traditional culture of Hainan Free Trade Port.
According to the introduction, this culture week, with "inheritance, innovation and to co-create a brocade and embroidery world" as the theme, with Lijin (Li brocade) culture as its core, through fashion performance, boutique exhibitions and other forms to show the charm of brocade and embroidery culture, boosts the construction of Hainan as the centre of international tourism and consumption.
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Link: http://asianetnews.net/view-attachment?attach-id=424456
Caption: The fashion show of "Clothing under the Sun"
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SOURCE Department of Tourism, Culture, Radio, Television and Sports of Hainan Province | https://www.wibw.com/prnewswire/2022/06/29/chinese-brocade-embroidery-blooms-charmingly-hainan-free-trade-port/ | 2022-06-29T13:33:56Z |
Moderna's Covid-19 vaccine is safe and generated an immune response in children ages 6 months through 17 years that's comparable to the response in adults, according to documents posted by the US Food and Drug Administration ahead of key meetings of its independent vaccine advisory group.
The FDA's vaccine advisers will evaluate next week Moderna's Covid-19 vaccines for children 6 months through 5 years and 6 years through 17 years should be granted emergency use authorization.
Children under 5 years old -- about 18 million people -- are the only US age group that still isn't eligible to receive a Covid-19 vaccine. Moderna's vaccine is currently available only to people 18 and older. Pfizer's Covid-19 vaccine is already authorized for children age 5 and older; FDA's advisers will also evaluate its vaccine for younger children next week.
Briefing documents posted ahead of the FDA committee meetings describe how Moderna's vaccine was assessed by immunobridging studies to see if the immune response among younger people was comparable to that of 18-to-25-year-olds, who are already eligible to receive the vaccine.
"Immunobridging success criteria were met for all four pediatric age cohorts," the FDA's document stated.
In trials evaluating more than 6,000 children 6 months to under 6 years old, Moderna found two 25-microgram doses of vaccine taken 28 days apart yielded a similar immune response to a two-dose series of vaccine given to18-to-25-year-olds.
For children ages 6 to 17 years, Moderna found two doses of its vaccine also provided a similar immune response as two doses in adults. Children age 6 to 11 received 50-microgram vaccines and adolescents ages 12 to 17 received 100-microgram vaccines.
Efficacy estimates
The vaccine trials took place at different times, when different coronavirus variants circulated. While the FDA did not require vaccine makers to submit vaccine efficacy data for authorization, Moderna's vaccine was estimated to be 93.3% effective against symptomatic disease for 12-to-17-year-olds during a time when the original coronavirus and the Alpha variant were dominant. The vaccine was estimated to be 76.8% effective against symptomatic Covid-19 for children 6 to 11 during a time the Delta variant was predominant. However, the FDA also noted for 6-11-year-olds the "vaccine efficacy could not be reliably determined due to the small number of COVID-19 cases accrued during the study."
The vaccine was tested in children 6 months through 5 years during a time when the Omicron variant was dominant. It was estimated to be 36.8% effective against symptomatic disease for 2-to-5-year-olds and 50.6% protective against symptomatic disease for those 6-to-23 months old.
Vaccine efficacy estimates "for each age cohort were generally consistent" with what has been seen in adults, the FDA said.
Vaccine safety
The vaccine was also found to be safe in all age groups. Adverse reactions were "mostly mild to moderate in severity, generally of short duration, and occurred more frequently ... after Dose 2 than Dose 1."
Injection site pain was the most commonly reported adverse reaction and the document said serious adverse events were infrequent and didn't raise any concerns. No deaths were reported.
While there were no known cases of myocarditis or pedicarditis -- inflammation of the heart -- among any trial participants, it's one of the known risks with the Moderna Covid-19 vaccine, especially among males 18-to-24 years old.
What's next for Moderna's vaccine
The FDA's Vaccine and Related Biological Products Advisory Committee Meeting will evaluate Moderna's Covid-19 vaccines for children ages 6 through 17 on June 14 and will evaluate Moderna's Covid-19 vaccines for children 6 months through 5 years of age on June 15.
Pfizer's Covid-19 vaccine for children under 5 will also be discussed on June 15.
After the FDA vaccine advisers vote, the agency must decide whether to authorize the vaccines. Shots cannot be administered until US Centers for Disease Control and Prevention's vaccine advisers have voted whether to recommend the vaccines and the CDC director has signed off on the recommendation. The White House has said vaccines for the youngest age group could be administered starting the week of June 20.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/fda-finds-modernas-covid-19-vaccine-is-safe-and-effective-in-younger-kids/article_082c64b2-8584-5f4b-978c-f8f9ebde2125.html | 2022-06-11T20:08:11Z |
NASHVILLE, Tenn., Sept. 8, 2022 /PRNewswire/ -- Titan Cloud, the nation's leading software platform providing environmental and operational solutions for convenience stores, fuel carriers, and service providers, is pleased to announce that Charlesbank Technology Opportunities Fund, LP a fund managed by Charlesbank Capital Partners, has made a majority investment in the company. The funding will assist Titan in accelerating the expansion of its business both organically and through M&A. Charlesbank is an experienced middle-market private investment firm based in Boston and New York. Existing investor M33 Growth also made a significant investment into the business.
Titan Cloud provides industry-leading solutions for environmental compliance, fuel analytics, and facility management, so that clients can effectively manage risk and run efficient, profitable businesses. Entrusted by a customer base that includes the biggest names in the convenience retail, wholesale distribution, and commercial fleet markets, Titan's software platform currently monitors and manages over 60,000 facilities across 700+ global customers.
"Charlesbank's investment is a testament to our winning team, best-in-class products, and loyal customers," said David Freese, CEO and CPO of Titan Cloud. "Their size, reputation, and expertise will enable us to broaden and deepen our GTM and product portfolio, ultimately serving customers better."
"We rejoined this year's Inc 5000 list of fastest-growing companies and have profitably grown more than 170% year over year," adds Mr. Freese. "I want to thank all the employees, customers, family members, mentors, and investors who helped us get to this stage. In addition to Charlesbank, Titan Cloud will benefit from the continued support of M33. We are pleased to have the necessary financial and strategic resources for this next phase of growth."
"David Freese and his management team have demonstrated a commitment to ongoing innovation and exceptional customer service that has made Titan the industry-leading compliance platform for retail and commercial fuel providers," said Mayur Desai, Managing Director at Charlesbank. "We are delighted to partner with them and with M33 to help this terrific company build even better solutions and execute on its global growth strategy."
"It's been exciting to see Titan Cloud rapidly scale into the market leader," said Brian Shortsleeve, Partner at M33 Growth. "Their cutting-edge software enables customers to consolidate their environmental, fuel, and maintenance data – regardless of equipment type – into one centralized platform. Titan customers quickly see dramatic productivity improvements and fast ROI. From our initial investment in 2018, it has been an honor to work with David Freese and his team, and I'm thrilled to continue this journey together with Charlesbank."
Titan Cloud and M33 Growth were advised by Lincoln International on the transaction.
To learn more about Titan Cloud's environmental, compliance, and maintenance solutions, visit titancloud.com.
Titan Cloud Software provides industry-leading solutions for environmental compliance, advanced fuel analytics, wetstock management, and facility maintenance, so that customers can effectively manage risk and run efficient, profitable businesses. Entrusted by a customer base that includes the biggest names in the retail petroleum industry and commercial fleet market, Titan's software currently monitors 50% of all U.S. consumer gasoline throughput and covers more than 65,000 facilities. Working with this extensive network enables Titan to provide its customers with compelling data and analytics that they can use to manage risk and fuel profit. The company was launched in 2012 and is headquartered near Nashville, Tennessee. Learn more at www.titancloud.com.
Based in Boston and New York, Charlesbank Capital Partners is a middle-market private investment firm with more than $15 billion of capital raised since inception. Charlesbank focuses on management-led buyouts and growth capital financings, and also engages in opportunistic credit and technology investments. The firm seeks to build companies with sustainable competitive advantage and excellent prospects for growth. For more information, please visit www.charlesbank.com.
M33 Growth is a venture and growth stage investment firm that seeks to partner with founders and CEOs who have successfully bootstrapped their companies to strong growth and are positioned to rapidly scale their companies and break through as market leaders. With deep experience fueling sales and marketing engines, driving acquisitions, and building value through data assets, M33 Growth seeks to propel portfolio companies to succeed in their markets. Founded by veterans of renowned investment firms with considerable operational experience, the Boston-based firm seeks to invest in companies in the software, healthcare and services sectors throughout North America. Learn more at www.m33growth.com.
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SOURCE Titan Cloud Software | https://www.wibw.com/prnewswire/2022/09/08/titan-cloud-receives-strategic-investment-charlesbank-capital-partners/ | 2022-09-08T15:44:52Z |
Randy Johnston receives prestigious 'Lawyer of the Year' honor from nationally respected guide for 2023
DALLAS, Aug. 18, 2022 /PRNewswire/ -- All four attorneys with trial and appellate law firm Johnston Tobey Baruch are recognized in the 2023 edition of Best Lawyers in America, including founding shareholder Randy Johnston, who was named as "Lawyer of the Year" in two practice areas.
A board-certified attorney in civil appellate law, managing shareholder Chad Baruch is honored for his appellate work. This is the eighth year Mr. Baruch has been recognized by the distinguished legal guide.
Shareholder and firm co-founder Robert Tobey is honored for his work in commercial litigation and legal malpractice on behalf of plaintiffs and defendants. Mr. Tobey has been recognized each year since 2013. He is board certified in consumer and commercial law by the Texas Board of Legal Specialization.
Like Mr. Tobey, shareholder and trial lawyer Randy Johnston is honored for commercial litigation and legal malpractice law for plaintiffs and defendants, but is also recognized for his esteemed work in professional malpractice law for defendants. Additionally, Mr. Johnston has been given the distinguished honor of "Lawyer of the Year" for his litigation practice relating to mergers and acquisitions and legal malpractice law on behalf of plaintiffs for 2023. He has been named to the prestigious legal guide each year since 2013.
Shareholder Coyt Johnston has also earned a spot on the list for his commercial litigation and mergers and acquisitions practices for the eighth year in succession. He is a member of the Dallas and American Bar Associations, the Dallas Trial Lawyers' Association, the Texas Trial Lawyers' Association and others.
The Best Lawyers in America list is widely considered one of the most respected and reliable guides in the legal industry. Honorees are chosen based on confidential client and peer evaluations, as well as extensive editorial research.
About Johnston Tobey Baruch:
Johnston Tobey Baruch is a dynamic law practice based in Dallas. Its trial and appellate attorneys have a broad range of litigation, arbitration and appellate experience. They are pioneers in the handling of legal and accounting malpractice, investment fraud and business disputes. They also have an enviable track record with insurance bad faith matters, commercial litigation and fiduciary litigation, as well as civil, family and criminal appeals for many prominent Texas companies and individuals.
Media Contact:
Mark Annick
800-559-4534
Mark@androvett.com
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SOURCE Johnston Tobey Baruch | https://www.wibw.com/prnewswire/2022/08/18/all-four-attorneys-with-johnston-tobey-baruch-named-among-best-lawyers-america/ | 2022-08-18T17:09:37Z |
Off-duty deputy killed in parking lot shootout, told wife to run
HOUSTON (AP) - An off-duty Texas deputy sheriff was killed in a shooting on the northern outskirts of Houston when he interrupted three men apparently trying to steal the catalytic converter from his vehicle, authorities said.
Deputy Darren Almendarez, 51, was fatally shot Thursday night in a grocery store parking lot, according to Harris County Sheriff Ed Gonzalez.
Two of the suspects were shot and wounded during an exchange of gunfire with Almendarez and were hospitalized Friday in custody, Gonzalez said.
Joshua Stewart, 23, and Fredarius Clark, 19, are charged with capital murder, according to court documents. Clark remained hospitalized Friday in stable condition, while Stewart was discharged and booked into Harris County Jail, said Senior Deputy Thomas Gilliland. It was unclear from court documents if they had attorneys.
A third person, believed to be a male teenager, fled the scene and was being sought.
Gonzalez said Almendarez had been shopping with his wife to buy groceries for a Friday cookout for Almendarez’s sister, whose birthday was Thursday.
“We’re tired that people aren’t even safe to go out to the grocery store. This is a cop. This is a cop that’s just out with his family. It could be any one of us — and it happened to be him,” Gonzalez told reporters.
Almendarez told his wife, who was not injured, to run away before he was shot, Gonzales said.
Texas Gov. Greg Abbott offered prayers for Almendarez’s family in a statement Friday.
“Deputy Darren Almendarez lost his life while answering the call to serve and protect his fellow Texans, and this tragedy is a heartbreaking reminder of the sacrifices our law enforcement officers make both on and off duty,” Abbott said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/02/off-duty-deputy-killed-shootout-told-wife-run-before-shooting/ | 2022-04-02T23:39:18Z |
Russian native, polticial expert warns of possiblity of Victory Day attacks
LAWRENCE, Kan. (WIBW) - A Russian native and expert in politics has warned of several possibilities for Russia’s upcoming Victory Day holiday on May 9, which include attacks on Ukrainian strongholds.
The University of Kansas says May 9 is known as Victory Day in Russia, and in 2022, it marks the day Vladimir Putin had envisioned declaring a symbolic victory over Ukraine. However, thankfully the war in Ukraine has not gone to Putin’s plan.
Valery Dzutsati, a visiting assistant professor of political science at KU, is a Russian native and expert in politics and conflict of Eurasia and Eastern Europe.
“Putin regards May 9 as a nation-building public holiday that trespasses domestic cleavages and Russia’s boundaries. So it holds importance in several domains,” Dzutsati said.
KU said the date commemorates Nazi Germany’s surrender to Soviet forces in 1945.
There are various reasons Dzutsati believes the date to be personally significant to Putin.
“First, domestically, it brings people together since most Russian families have a memory of fallen or war-participant family members,” Dzutsati said. “Second, the holiday is touted as a reminder that Russia led other republics of the USSR to defeat Nazi Germany. Third, May 9 is also used to cast Russia as the great power that determined post-World War II world order.”
The visiting professor noted many possibilities for how Putin may react on May 9. He said these include ignoring the invasion and treating it like just another holiday, using it as a way to mobilize Russians against the new “Nazi” Ukraine, or capturing more territories in Ukraine that could be presented as an additional victory.
“May 9 might become an important date if Putin officially announces a mobilization or takes some other escalatory steps. The state propaganda might simply use war in Ukraine as a rhetorical tool to push more Russian men to sign up for the military service. This would mean a delayed spike in hostilities and casualties in Ukraine sometime in June,” he said.
Raised in North Ossetia - in the southwest of European Russia - KU said Dzutsati earned his doctorate in political science from Arizona State University and his past research includes, “Geographies of Hybrid War: Rebellion and Foreign Intervention in Ukraine,” “Secessionist Conflict as Diversion from Inequality: The Missing Link Between Grievance and Repression” and “Russia’s Syria War: A Strategic Trap?” (co-written with Emil Souleimanov).
KU noted that Dzutsati was a recent goest on the “When Experts Attack!” podcast which discussed Putin and Ukraine.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/04/russian-native-polticial-expert-warns-possiblity-victory-day-attacks/ | 2022-05-04T22:08:07Z |
DALLAS, July 28, 2022 /PRNewswire/ -- Kimberly-Clark Corporation (NYSE: KMB) announced the appointment of Zack Hicks in the newly created role of Chief Digital and Technology Officer, effective July 26, 2022. He is a member of the company's executive leadership team.
This role reflects Kimberly-Clark's increasing focus on digital technology in building brands and creating differentiated capability for the company.
Hicks joins the company after 26 years of leadership at Toyota Motors North America and Toyota Motor Sales, USA, where he held numerous positions of increasing responsibility.
His most recent roles include serving as CEO of Toyota Connected, a startup operating as the company's data science hub connecting vehicles, customers and businesses through machine learning and artificial intelligence. Hicks also served as Chief Digital Officer of Toyota Motors North America, leading the company's digital transformation and mobility efforts, including in-vehicle multimedia systems, vehicle connectivity, cloud, electrification and autonomous driving technologies.
"Zack brings to Kimberly-Clark significant experience in technology innovation, operations and team leadership," said Mike Hsu, Chairman and CEO, Kimberly-Clark. "He's the right leader to help us leverage the full potential of technology to accelerate the next phase of our growth strategy for long-term value creation."
Among his achievements at Toyota, Hicks led the North American and European development of in-vehicle multimedia, including hardware, software and cloud to achieve best-in-class user experience. He also patented breakthroughs in digital solutions, including an industry-leading big data platform to deliver predictive analytics and relevant retail services.
"Kimberly-Clark has a clear vision for leveraging technology to drive growth," said Hicks. "I'm excited to work with the team to bring together strong capability and next-generation technology solutions to help the company continue to win today and position us well for the future."
About Kimberly-Clark
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions in approximately 80 countries. We use sustainable practices that support a healthy planet, build strong communities, and ensure our business thrives for decades to come. To keep up with the latest news and to learn more about the company's 150-year history of innovation, visit kimberly-clark.com.
KMB-C
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SOURCE Kimberly-Clark Corporation | https://www.kxii.com/prnewswire/2022/07/28/kimberly-clark-names-zack-hicks-chief-digital-technology-officer/ | 2022-07-28T16:03:02Z |
NEW YORK, Aug. 23, 2022 /PRNewswire/ -- Manhattan's iconic Pier 57 has been transformed by an ambitious redevelopment project, with walls of Bendheim channel glass to help blend old with new.
Designed by Handel Architects, the $410 million restoration and revitalization project created 350,000 square feet of mixed-use space on the midcentury structure, with an additional 50,000 square feet on the ground floor for public amenities. With Google as the anchor tenant, Pier 57 will also offer a food hall curated by the James Beard Foundation, a public gathering place called the Living Room, and flexible meeting space for booking by community organizations.
The building's rooftop park, nearly two acres in size and open to the public, is the largest of its kind in New York City. The venue will also provide outdoor screening space for the annual Tribeca Film Festival.
Perfectly positioned to reflect Hudson River sunsets, the building's walls are made of 6,400 square feet of Bendheim channel glass in the company's SF60 frame system, installed by David Shuldiner, Inc. The lower-level walls are primarily made of Bendheim's Clarissimo glass, a clear material allowing extensive river views from the lobby and restaurant areas on the ground floor. The walls of the second story offices and other selected panels are made of glass with Bendheim's 504 Rough Cast texture. The choice of a translucent finish for the glass on this floor shields the workspace from glare while creating a glowing exterior. Throughout the building, low-e coatings serve to minimize the amount of ultraviolet and infrared light that is allowed to pass through the glass walls, while maximizing the transmission of visible wavelengths.
Jessica Levine, Senior Associate at Handel Architects, described the role of the channel glass at Pier 57 as follows:
"As a new structure built on a historic building, we wanted the pavilion on the roof of the Pier to read as a light intervention, both in material selection and the language of design. The channel glass achieves this balance for us by acting as a diffuser of light and also in its industrial appearance–complimenting the nature of a historic shipping pier. The channel glass allowed us to have a cohesive design by providing the flexibility between translucent and transparent finishes."
Bendheim co-owner Robert Jayson commented, "We are proud to participate in the ongoing revitalization of New York City, including this important development. Our channel glass allowed the architects to build walls that are both functional and beautiful, making the most of Pier 57's spectacular setting on the Hudson."
Listed on the National Register of Historic Places, Pier 57 was originally completed in 1954 as a project of the New York City Marine and Aviation Department. First used as a shipping terminal for the Grace Line steamship company, it was the largest dock ever built by the City of New York. With the decline of maritime shipping in New York, the pier became a parking garage for New York City Transit buses in 1969, then closed down altogether in 2003. The Hudson River Park Trust, a public benefit corporation established in 1998 to develop and operate public park space along Manhattan's West Side shoreline, began efforts to redevelop the pier in 2008. The current project represents a significant public-private collaboration, with contributors including Google, RXR, Young Woo & Associates, The Baupost Group and Jamestown in addition to the Hudson River Park Trust and the City and State of New York.
Photos of the Bendheim channel glass at Pier 57 are available here: https://app.box.com/s/zd3pxdgkqut4e0hiolwqho868cfdld7g
Bendheim is one of the world's foremost resources for specialty architectural glass. Founded in New York City in 1927, the fourth-generation, family-owned company offers a virtually unlimited range of customizable glass solutions for interior and exterior building applications. Bendheim develops, fabricates, and distributes its products worldwide. The company maintains production facilities in New Jersey and a design lab in New York City. For additional information, please visit Bendheim.com.
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SOURCE Bendheim | https://www.mysuncoast.com/prnewswire/2022/08/23/transformed-west-side-pier-features-bendheim-channel-glass/ | 2022-08-23T16:13:25Z |
LONDON (AP) — Buckingham Palace has investigated how staff handled allegations of bullying made against Meghan, the Duchess of Sussex — but the findings will remain private.
Palace officials told reporters Wednesday that the details of the independent review were not being released to protect the confidentiality of those who took part. Current and former staff were invited to speak about their experiences of working for Meghan, after claims surfaced last year about her bullying several members of staff.
Following the review, officials said the palace’s human resources policies have been updated — but the palace declined to say what the changes were.
Buckingham Palace launched the investigation in March 2021 after news reports alleged Meghan drove out two personal assistants and that staff were “humiliated” on several occasions during her time living at Kensington Palace with Prince Harry.
The couple, who got married at Windsor Castle in 2018, announced in early 2020 that they were quitting royal duties and moving to North America, citing what they said were the unbearable intrusions and racist attitudes of the British media.
Meghan’s lawyers denied the bullying allegations when they were made. At the time, her spokesperson said the claims were the “latest attack on her character.”
In its Sovereign Grant report published Thursday, Buckingham Palace said the royal household’s “Concern at Work” policy encourages individuals to raise any concerns they may have about the conduct of others and sets out how issues can be aired.
The financial document said “counselling and support are provided through the household’s long-established employee assistance programme” and that “managers are trained to support, mentor and coach their teams.”
Tensions between the royal family and Meghan and Prince Harry have been high since the couple left the U.K. and aired their unhappiness with the monarchy. In an explosive interview with Oprah Winfrey last March, Meghan, who is biracial, alleged there were “concerns and conversations” within the royal family when she was pregnant about how dark her son Archie’s skin would be. | https://cw33.com/entertainment-news/ap-entertainment/meghan-bullying-claims-review-findings-to-stay-private/ | 2022-07-01T00:14:22Z |
Geopolitical foes Iran and U.S. to clash again at World Cup
Story by Reuters
After more than 40 years of sour relations and months of struggle to restore a nuclear deal, the United States and Iran are now set to meet on the soccer field at this year’s World Cup, having landed together in Group B in Friday’s draw.
The Iran and U.S. coaches sidestepped the political fracas, saying they were focused on the tournament and its ability to bring people together. England and the winners of a European playoff – Ukraine, Scotland or Wales – complete the group.
The icy U.S.-Iran relationship, characterized by diplomatic and even military confrontation in past years, has the potential to thaw somewhat by the time they play in Qatar on Nov. 21. It could also get worse.
President Joe Biden’s administration is trying to restore a 2015 nuclear deal between Iran and world powers, which would curb Tehran’s nuclear program in exchange for lifting sanctions that have hammered Iran’s economy.
Washington has accused Iran and the forces it backs of carrying out attacks across the Middle East, including against U.S. forces based in Iraq and Syria.
In 2020, the two countries were on the brink of war after the U.S. killed a top Iranian general and Tehran responded with retaliatory missile strikes at U.S. forces based in Iraq.
Despite the serious nature of the U.S.-Iran rivalry, Washington’s diplomatic Twitter sphere erupted with jokes after the World Cup draw held at the Doha Exhibition and Convention Center in Qatar on Friday.
Ali Vaez, Crisis Group’s Iran Project Director, joked that the U.S. government had set up a group to see what would happen in case of a drawn match.
“A U.S. interagency working group has been set up in advance of the Iran game to determine if their offense can be deterred, the scope of follow-on negotiations in the event of a draw, and whether exchanging jerseys violates sanctions,” Vaez wrote.
Women fans
Behnam Ben Taleblu, senior fellow at the Foundation for Defense of Democracies (FDD) think tank in Washington, said the Biden administration should use the chance to stand up for Iranian women.
According to Human Rights Watch, Iranian authorities prevented Iranian women from entering a football stadium in the city of Mashhad last month. World soccer governing body FIFA, in the past, has told Iran it is time to allow women into football stadiums.
The coaches meanwhile were intent on focusing on the match.
“I think it is about soccer at the end of the day and the best sign of friendship that you can make is competing hard on the field, in a fair way and that is what the World Cup is all about,” U.S. coach Gregg Berhalter said.
There are few expectations for the U.S. team in the tournament, which they did not qualify for in 2018 but now have a having a crop of promising young players.
Iran qualified for the World Cup in Russia four years ago, but they have never made it past the group stage.
“I am thinking only about football and not exterior things,” Iran’s coach Dragan Skocic said.
“I hope that football makes a good contact and good relationship between people and that is what people expect of sport,” added Skocic, who is Croatian.
Team USA last faced Iran at the World Cup when they lost 2-1 to the Gulf nation in 1998 in France.
“I remember that well,” said Berhalter on a call with reporters. “I was doing commentary for a Dutch TV station.
“That was the first time we competed against them. It was coming off of political tension between the two countries and it was a way to say that on the soccer field we’re still friends.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/sports/cnn-sports/2022/04/02/geopolitical-foes-iran-and-u-s-to-clash-again-at-world-cup/ | 2022-04-02T15:39:15Z |
CAMERON — A Houston-area man was sentenced to four years probation for biting and kicking a paramedic.
Danny Ray Morgan, 52, of Spring, was sentenced Monday in the 20th District Court presided by Judge John W. Youngblood to eight years confinement probated for four years after pleading guilty to assault on a public servant, a third-degree felony.
Part of his sentence includes a $1,500 fine and $4,483.79 in restitution to the victim, court records showed.
According to an arrest affidavit filed by Rockdale Police Department Officer Jeremiah Harden, at about 9:19 a.m. on Dec. 4, 2021, he learned that Morgan was complaining of abdominal pain while at the temporary holding facility for the department.
Officers requested an ambulance from American Medical Responders to take Morgan to the emergency room at Baylor Scott & White Medical Center - Taylor.
“Once AMR arrived at the holding facility, (Morgan) was informed that he would still be in the custody of the Rockdale Police Department,” Harden said. “Which he said he understood.”
As Morgan was getting ready for transport, the affidavit said officers struggled to handcuff him to the stretcher, and paramedics had to intervene to secure him.
“As I placed my handcuffs on the defendant’s wrists, he began to stretch his neck toward the victim and bit him on his left bicep,” Harden said. “(Morgan) was pulled off the victim by my open hand pushing his collarbone away from the victim.”
Once Morgan was placed in the ambulance and handcuffed, Harden followed the ambulance in his patrol car, stopping twice due to two assaults on the paramedic.
“The first stop occurred in the parking lot of Cocina Familiar located at 1012 W. Cameron Ave.,” Harden said. “The victim stated that the defendant began to pull his pants down. When the victim tried to pull the defendant’s pants up, the defendant kicked the victim with his foot, resulting in a break to the skin on his left shin.”
The second stop, Harden said, occurred at the 200 block of Oak Park Two.
“The defendant managed to shake out of the stretcher belt and kicked the victim in the mouth with his boot causing discoloration to develop,” he said.
Morgan was put on soft collar restraints around his ankles until he arrived at the hospital.
Other sentencings
• Dakota Shain Thompson, 24, of Cameron, was sentenced to 20 months confinement and ordered to pay $600 to the victim after pleading guilty to a theft of firearm, a state jail felony.
• Christy Elaine Locklin, 35, of Rockdale, was placed on three years deferred adjudication and was ordered to pay a $2,500 fine after pleading guilty to possession of controlled substance less than 1 gram, state jail felony.
• Pedro Luis Hernandez, 55, of Rockdale, was placed on two years deferred adjudication and was ordered to pay a $1,000 fine and restitution of $5,540 to the victims after pleading guilty to theft between $2,500 and $30,000, a state jail felony.
• Saul A. Morin Palao, 23, of Big Lake, was placed on five years deferred adjudication and was ordered to pay a $5,000 fine after pleading guilty to two third-degree felonies of assault, family violence – impede breathing and injury to a child.
• Shaddarwin Shaquann Blaylock, 32, of Cameron, was placed on two years deferred adjudication and was ordered to pay a $1,000 fine and $1,203.80 restitution to the victim after pleading guilty to unauthorized use of a motor vehicle, a state jail felony.
• Nathaniel Henry Geyer, 25, of Somerville, was placed on three years deferred adjudication with standard conditions of probation and was ordered to pay a $2,500 fine after pleading guilty to evading with a motor vehicle, a third-degree felony.
• Salvador Delgado-Lopez, 47, of Taylor, was placed on four years deferred adjudication and was ordered to pay a $1,500 fine and is to have no contact with the victim or victim’s family after pleading guilty to injury to a child, a third-degree felony.
• Lorna Rae Gibson, 49, of Rockdale, was placed on 10 years deferred adjudication, including 180 days confinement in the Milam County Jail, and was ordered to pay a $5,000 fine after pleading guilty to injury to the elderly, a second-degree felony.
• Thomas Rosales, 45, of Rockdale, was placed on five years deferred adjudication and was ordered to pay a $2,500 fine after pleading guilty to burglary of a habitation, a second-degree felony.
• Ernest Lynwood Robertson, 60, of Rockdale, was sentenced to 10 years confinement, probated for 10 years, and was ordered to pay $8,944 restitution to the victim after pleading guilty to assault family violence, impede breathing, a third-degree felony,
• Aaron Ray Rodriguez, 28, of Cameron, was sentenced to ten years confinement, probated for eight years, and was ordered to pay a $1,500 fine after pleading guilty to a third-degree felony, assault that causes bodily injury, family violence with previous convictions. | https://www.tdtnews.com/news/central_texas_news/article_f19d6528-d7b8-11ec-a43c-0b5de78ea7c6.html | 2022-05-19T23:52:46Z |
WATCH: Body camera video shows dramatic rescue of 5 children, woman from apartment fire
MADISON, Ind. (CNN) – Authorities in Indiana have released body camera video of a woman and five children being rescued from a burning apartment.
Several people were trapped by fire in an upstairs apartment early Sunday morning in Madison.
Officers with the Madison Police Department arrived quickly on the scene and encouraged the children to jump from the second story so they could catch them.
Two of the police officers were also experienced firefighters and helped battle the flames while the rescue was underway.
After five children jumped down safely, the officers caught an adult female leaping from the second-story window.
There were no serious injuries reported, only minor cuts and scrapes.
The cause of the apartment fire is under investigation.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/07/watch-body-camera-video-shows-dramatic-rescue-5-children-woman-apartment-fire/ | 2022-07-07T18:34:56Z |
VIENNA (AP) — The European Union’s main representative at the nuclear talks with Iran says he was briefly detained with colleagues at Frankfurt Airport, in breach of diplomatic rules.
Enrique Mora of Spain, who has long led the EU delegation at the talks in Vienna, said the incident happened Friday morning as he was trying to make a connecting flight from Tehran to Brussels.
Mora wrote on Twitter that he received “not a single explanation” from German authorities for why he was detained. “An EU official on an official mission holding a Spanish diplomatic passport. Took out my passport and my phones.”
Mora said the EU Ambassador to the U.N. in Vienna and the head of the EU’s Iran task force were also detained.
“We were kept separated,” he wrote. “Refusal to give any explanation for what seems a violation of the Vienna Convention.”
Neither German police nor Germany’s Foreign Ministry responded immediately to requests for comment. | https://cw33.com/news/international/ap-international/eu-envoy-to-iran-nuclear-talks-detained-at-german-airport/ | 2022-05-13T17:39:34Z |
Brunch—the portmanteau combining the words “breakfast” and “lunch”—is the best of both worlds. An event as much as a meal, brunches are weekend affairs, where a large meal is served in the late morning and into the early afternoon, featuring not just coffee but drinks like bloody marys and mimosas alongside waffles, pancakes, french toast, and mounds of eggs, toast, and breakfast meats. Whether you’re looking for eggs benedict or bottomless mimosas, Stacker compiled a list of the highest rated brunch restaurants in Dallas on Tripadvisor. Tripadvisor rankings factor in the average rating and number of reviews. Restaurants on this list may have recently closed.
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1 / 30Tripadvisor
#30. Kuby’s German
– Rating: 4.5 / 5 (181 reviews)
– Detailed ratings: Food (4.5/5), Service (4.0/5), Value (4.5/5), Atmosphere (4.0/5)
– Type of cuisine: German, European
– Price: $$ – $$$
– Address: 6601 Snider Plz, Dallas, TX 75205-1351
– Read more on Tripadvisor
2 / 30Tripadvisor
#29. Pepe’s & Mito’s Mexican Cafe
– Rating: 4.5 / 5 (220 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.5/5), Atmosphere (4.0/5)
– Type of cuisine: Mexican
– Price: $$ – $$$
– Address: 2911 Elm St, Dallas, TX 75226-1510
– Read more on Tripadvisor
3 / 30Tripadvisor
#28. Benedict’s Restaurant
– Rating: 4.5 / 5 (172 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.0/5)
– Type of cuisine: American
– Price: $$ – $$$
– Address: 4800 Belt Line Rd, Dallas, TX 75254-7541
– Read more on Tripadvisor
4 / 30Tripadvisor
#27. Al Biernat’s
– Rating: 4.5 / 5 (804 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American, Steakhouse
– Price: $$$$
– Address: 4217 Oak Lawn Ave, Dallas, TX 75219-2313
– Read more on Tripadvisor
5 / 30Tripadvisor
#26. Bistro 31
– Rating: 4.5 / 5 (187 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American
– Price: $$ – $$$
– Address: 87 Highland Park Vlg #200, Dallas, TX 75205-2733
– Read more on Tripadvisor
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6 / 30Tripadvisor
#25. Mama’s Daughter’s Diner
– Rating: 4.5 / 5 (254 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.5/5), Atmosphere (4.0/5)
– Type of cuisine: American, Diner
– Price: $
– Address: 2014 Irving Blvd, Dallas, TX 75207-6610
– Read more on Tripadvisor
7 / 30Tripadvisor
#24. Eatzi’s Market & Bakery
– Rating: 4.5 / 5 (466 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American
– Price: $$ – $$$
– Address: 3403 Oak Lawn Ave, Dallas, TX 75219-4215
– Read more on Tripadvisor
8 / 30Tripadvisor
#23. The Mansion Restaurant at Rosewood Mansion on Turtle Creek
– Rating: 4.5 / 5 (490 reviews)
– Detailed ratings: Food (4.0/5), Service (4.5/5), Value (3.5/5), Atmosphere (4.5/5)
– Type of cuisine: American, Contemporary
– Price: $$$$
– Address: 2821 Turtle Creek Blvd, Dallas, TX 75219-4802
– Read more on Tripadvisor
9 / 30Tripadvisor
#22. Boulevardier
– Rating: 4.5 / 5 (223 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: French
– Price: $$ – $$$
– Address: 408 N Bishop Ave Ste 108 Bishop Arts, Dallas, TX 75208-4806
– Read more on Tripadvisor
10 / 30Tripadvisor
#21. Mi Cocina
– Rating: 4.5 / 5 (320 reviews)
– Detailed ratings: Food (4.0/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: Mexican, Latin
– Price: $$ – $$$
– Address: 77 Highland Park Vlg, Dallas, TX 75205-2733
– Read more on Tripadvisor
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11 / 30Tripadvisor
#20. Maggiano’s Little Italy
– Rating: 4.5 / 5 (378 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: Italian
– Price: $$ – $$$
– Address: 205 Northpark Central Suite 205, Dallas, TX 75225
– Read more on Tripadvisor
12 / 30Tripadvisor
#19. Mi Cocina Galleria
– Rating: 4.5 / 5 (334 reviews)
– Detailed ratings: Food (4.0/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.0/5)
– Type of cuisine: Mexican, Southwestern
– Price: $$ – $$$
– Address: 13350 Dallas Pkwy #100, Dallas, TX 75240-6670
– Read more on Tripadvisor
13 / 30Tripadvisor
#18. Seasons 52
– Rating: 4.5 / 5 (297 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American, Grill
– Price: $$ – $$$
– Address: 8687 N Central Expy Suite 307, Dallas, TX 75225
– Read more on Tripadvisor
14 / 30Tripadvisor
#17. Cindi’s NY Deli & Restaurant
– Rating: 4.5 / 5 (359 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (3.5/5)
– Type of cuisine: American, Diner
– Price: $
– Address: 306 South Houston Street, Dallas, TX 75202
– Read more on Tripadvisor
15 / 30Tripadvisor
#16. Grand Lux Cafe
– Rating: 4.0 / 5 (497 reviews)
– Detailed ratings: Food (4.0/5), Service (4.0/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American
– Price: $$ – $$$
– Address: 13420 Dallas Pkwy Galleria Dallas, Dallas, TX 75240-6700
– Read more on Tripadvisor
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16 / 30Tripadvisor
#15. CBD Provisions
– Rating: 4.5 / 5 (414 reviews)
– Detailed ratings: Food (4.0/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American
– Price: $$ – $$$
– Address: 1530 Main St, Dallas, TX 75201-4804
– Read more on Tripadvisor
17 / 30Tripadvisor
#14. Texas Spice
– Rating: 4.5 / 5 (601 reviews)
– Detailed ratings: Food (4.5/5), Service (4.0/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American, Southwestern
– Price: $$ – $$$
– Address: 555 S Lamar St Dallas Omni Hotel, Dallas, TX 75202
– Read more on Tripadvisor
18 / 30Tripadvisor
#13. Cafe 43
– Rating: 4.5 / 5 (272 reviews)
– Detailed ratings: Food (4.5/5), Service (5.0/5), Value (4.5/5), Atmosphere (4.5/5)
– Type of cuisine: American, Cafe
– Price: $$ – $$$
– Address: George W. Bush Presidential Library 2943 SMU Boulevard, Dallas, TX 75205
– Read more on Tripadvisor
19 / 30Tripadvisor
#12. Bread Winners Cafe
– Rating: 4.0 / 5 (493 reviews)
– Detailed ratings: Food (4.5/5), Service (4.0/5), Value (4.0/5), Atmosphere (4.0/5)
– Type of cuisine: American, Cafe
– Price: $$ – $$$
– Address: 3301 McKinney Ave, Dallas, TX 75204-2301
– Read more on Tripadvisor
20 / 30Tripadvisor
#11. The Rustic
– Rating: 4.5 / 5 (482 reviews)
– Detailed ratings: Food (4.5/5), Service (4.0/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American, Grill
– Price: $$ – $$$
– Address: 3656 Howell St, Dallas, TX 75204-3665
– Read more on Tripadvisor
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21 / 30Tripadvisor
#10. Kenny’s Wood Fired Grill
– Rating: 4.5 / 5 (1,443 reviews)
– Detailed ratings: Food (4.5/5), Service (5.0/5), Value (4.5/5), Atmosphere (4.5/5)
– Type of cuisine: American, Bar
– Price: $$ – $$$
– Address: 5000 Belt Line Rd Ste 775, Dallas, TX 75254-6747
– Read more on Tripadvisor
22 / 30Tripadvisor
#9. The Woolworth
– Rating: 4.5 / 5 (271 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American, Bar
– Price: $$ – $$$
– Address: 1520 Elm St Suite 201, Dallas, TX 75201-3509
– Read more on Tripadvisor
23 / 30Tripadvisor
#8. Meso Maya Comida y Copas
– Rating: 4.5 / 5 (1,139 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: Mexican, Southwestern
– Price: $$ – $$$
– Address: 1611 McKinney Ave, Dallas, TX 75202-1227
– Read more on Tripadvisor
24 / 30Tripadvisor
#7. Meddlesome Moth
– Rating: 4.5 / 5 (628 reviews)
– Detailed ratings: Food (4.0/5), Service (4.0/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: American, Bar
– Price: $$ – $$$
– Address: 1621 Oak Lawn Ave, Dallas, TX 75207-3401
– Read more on Tripadvisor
25 / 30Tripadvisor
#6. Toulouse Cafe and Bar (Dallas)
– Rating: 4.5 / 5 (276 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: French, European
– Price: $$ – $$$
– Address: 3314 Knox St, Dallas, TX 75205-4034
– Read more on Tripadvisor
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26 / 30Tripadvisor
#5. Ellen’s
– Rating: 4.5 / 5 (998 reviews)
– Detailed ratings: Food (4.5/5), Service (4.0/5), Value (4.0/5), Atmosphere (4.0/5)
– Type of cuisine: American
– Price: $$ – $$$
– Address: 1790 N. Record Street, Dallas, TX 75202
– Read more on Tripadvisor
27 / 30Tripadvisor
#4. E Bar Tex-Mex
– Rating: 4.5 / 5 (202 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.5/5), Atmosphere (4.5/5)
– Type of cuisine: Mexican, Southwestern
– Price: $$ – $$$
– Address: 1901 North Haskell Avenue #120, Dallas, TX 75204
– Read more on Tripadvisor
28 / 30Tripadvisor
#3. Original Market Diner
– Rating: 4.5 / 5 (346 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.0/5)
– Type of cuisine: American, Diner
– Price: $
– Address: 4434 Harry Hines Blvd, Dallas, TX 75219-1716
– Read more on Tripadvisor
29 / 30Tripadvisor
#2. rise n°1
– Rating: 4.5 / 5 (1,153 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.0/5), Atmosphere (4.5/5)
– Type of cuisine: French
– Price: $$ – $$$
– Address: 5360 W Lovers Ln # 220, Dallas, TX 75209-4262
– Read more on Tripadvisor
30 / 30Tripadvisor
#1. Maple Leaf Diner
– Rating: 4.5 / 5 (311 reviews)
– Detailed ratings: Food (4.5/5), Service (4.5/5), Value (4.5/5)
– Type of cuisine: Cafe, Diner
– Price: $$ – $$$
– Address: 12817 Preston Rd Ste 129, Dallas, TX 75230-7204
– Read more on Tripadvisor
You may also like: Metros where people in Dallas are getting new jobs | https://cw33.com/lifestyle/food-and-drink/highest-rated-brunch-restaurants-in-dallas-according-to-tripadvisor/ | 2022-08-26T17:05:09Z |
Time to heal: Jaguars still recovering from Urban Meyer era
By MARK LONG
AP Pro Football Writer
JACKSONVILLE, Fla. (AP) — The Jacksonville Jaguars are still “healing” from one of the most tumultuous coaching tenures in NFL history. The Urban Meyer experiment lasted 11 months and might end up including as many lawsuits as wins (two). Meyer screamed at assistants, had run-ins with players and seemed to alienate nearly everyone around him while his college approach proved downright laughable in a locker room filled with grown men and millionaires. New coach Doug Pederson is trying to rebuild “a lack of trust” in the locker room by addressing concerns, being transparent and promoting better communication. Players welcome the change. Veteran receiver Marvin Jones says ”when you like coming to work, good things happen.” | https://localnews8.com/sports/ap-national-sports/2022/05/23/time-to-heal-jaguars-still-recovering-from-urban-meyer-era/ | 2022-05-23T22:40:45Z |
Combined solution offers lenders full end-to-end loan product solution
SALT LAKE CITY, Sept. 14, 2022 /PRNewswire/ -- LoanPro, a leader in loan servicing software, announced their partnership with Anovaa, a next generation consumer loan origination platform. LoanPro now combines their proven lending platform, which seeks to simplify the loan servicing process, with Anovaa's expertise in loan origination, and their goal to unify the lending process to solve pain-points for lenders, no matter the size.
About the partnership, CRO of LoanPro, Lloyd Roberts says "Anovaa is a strong player in the personal and student loan origination space. LoanPro is pleased to partner with Anovaa to provide lenders with an end-to-end loan origination & loan servicing solution. By combining both Anovaa's & LoanPro's tech-forward offerings, lenders are the ultimate beneficiaries of our partnership."
"Partnerships across the financial technology sector continue to promote innovation and growth," said Brandon Ferris, Chief Product Officer at Anovaa. "Our partnership with LoanPro will support our current and future mutual clients for years to come."
This partnership will give users of LoanPro and Anovaa complete control over the entire loan lifecycle, beginning with Anovaa's robust origination solution, and continuing with LoanPro's ability to service loans and empower collections.
LoanPro is a loan management platform which specializes in the servicing of loans, but powers financial innovation by giving users the tech they need to bring their lending ideas to life. Built on its own API, LoanPro unites with its users existing software, while encouraging the use of powerful integrations and unifying all aspects of the loan lifecycle in a single platform.
For more information on LoanPro, visit loanpro.io.
Anovaa is a financial technology company designed to help lenders of all sizes stand up or digitally transform their loan programs. Using the Anovaa originations platform, banks, credit unions and other lenders can configure their end-to-end customer experience in as little as 30 days. As part of Entech Consulting, Anovaa has helped lenders originate over $100 billion across personal loans, student loans and education loan refinancing.
For more information, visit anovaa.com.
Media Contact:
Jay Meier
Jay.Meier@loanpro.io
View original content to download multimedia:
SOURCE LoanPro | https://www.wibw.com/prnewswire/2022/09/14/loanpro-announces-strategic-partnership-with-anovaa/ | 2022-09-14T11:55:47Z |
ST. JOHNS, Fla., June 23, 2022 /PRNewswire/ -- With its overabundance of unneeded new roofs on homes, and flashy lawyer billboards at every turn claiming massive settlements on claims, Florida's insurance market is on the verge of failure. Even more, this manmade catastrophe is causing financial strain on resident consumers, as the annual cost of an average Florida homeowners insurance policy will skyrocket to $4,231 in 2022, nearly three times more than the U.S. annual average of $1,544, according to an Insurance Information Institute (Triple-I) analysis.
"Floridians pay the highest homeowners insurance premiums in the nation for reasons having little to do with their exposure to hurricanes," said Sean Kevelighan, CEO, Triple-I. "Floridians are seeing homeowners insurance become costlier and scarcer because for years the state has been the home of too much litigation and too many fraudulent roof replacement schemes. These two factors contributed enormously to the net underwriting losses Florida's homeowners insurers cumulatively incurred between 2016 and 2021."
Two major hurricanes made landfall in the state since 2016: 2017's Irma and 2018's Michael. No direct hits occurred in Florida over the past three hurricane seasons (2019-2021). Florida, however, is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida's insurers receive only 9 percent of all U.S. homeowners insurance claims, according to the Florida governor's office.
To illustrate how lawsuits have weighed on insurer operating costs, JD Supra, citing the Florida Office of Insurance Regulation (OIR), reported $51 billion was paid out by Florida insurers over a 10-year period and 71 percent of the $51 billion went to attorneys' fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for Florida's homeowners insurers totaled more than $1 billion each year.
"The state's homeowners insurers have been forced to respond to these unfortunate market trends this year by restricting new business, non-renewing existing policies and even canceling policies mid-term. What's more, four homeowners insurance companies have been declared insolvent since February – all while more Americans are moving to Florida than any other state" Kevelighan stated.
Citizens Property Insurance Corp., the state-backed property insurer of last resort in Florida, has seen its policy count rise to nearly 900,000 this month statewide. Its policy count figure stood at about 420,000 in October 2019. Citizens provides insurance coverage to homeowners unable to find a private-sector insurer willing to sell them a homeowners insurance policy.
Placing further pressure on the affordability and availability of homeowners insurance in the state, third-party rating bureaus have downgraded the financial ratings of some homeowners insurers who operate in Florida.
The typical Florida homeowners insurance policyholder paid $2,505 for coverage in 2020, the Triple-I found, and that figure rose to $3,181 in 2021. Triple-I's analysis was based on data and analyses from Florida's OIR, the National Association of Insurance Commissioners (NAIC), and Triple-I's estimates of what insurers are paying today for home replacement costs (e.g., lumber).
During a special Legislative session in May 2022, Florida state lawmakers passed Senate Bill 2B. It was signed into law by Gov. Ron DeSantis and is aimed at easing homeowners insurance premium increases and reducing excessive litigation.
To help Floridians and others residing in natural disaster-prone states better manage risk and become more resilient, Triple-I launched a few years ago its Resilience Accelerator initiative, Kevelighan said. The Resilience Accelerator's goal is to demonstrate the power of insurance as a force for resilience by telling the story of how insurance coverage helps governments, businesses and individuals recover faster and more completely after natural disasters.
"The insurance industry's focus on resilience is starting to pay dividends as more Americans recognize the very real risks their residences face from floods, hurricanes and other natural disasters," Kevelighan concluded.
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SOURCE Insurance Information Institute | https://www.kxii.com/prnewswire/2022/06/23/triple-i-extreme-fraud-litigation-causing-floridas-homeowners-insurance-markets-demise/ | 2022-06-23T17:45:05Z |
Steinberg Diagnostic Medical Imaging now accepts another form of insurance.
LAS VEGAS, April 6, 2022 /PRNewswire/ -- Steinberg Diagnostic Medical Imaging (SDMI) will now be accepting Culinary Insurance at all of its offices across the Las Vegas Valley.
Those who utilize their Culinary Insurance within their offices will experience no authorization requirements but will have to pay a pre-designated co-pay depending on the ordered exam. The only exam exempt from the no authorization policy is the 'Low Dose CT Lung Cancer Screening.'
Everyone's health is of utmost importance, and SDMI is here to help when it comes to answering any questions and scheduling appointments. Please visit www.sdmi-lv.com or give us a call at (702) 732-6000 and they will be happy to get you set up at any of their SDMI offices.
In 1958, Dr. Leon Steinberg moved to Las Vegas to open Sunrise Hospital's first radiology department in Southern Nevada. Through this experience, he saw a need for a more patient-friendly option for medical imaging and aimed to build such a practice. With Dr. Mark Winkler and his son, Dr. David Steinberg, as his partners, Dr. Leon opened the first SDMI office in 1988. Their standards of excellence in patient care and technology have brought national and international recognition. Today, the commitment to deliver top-notch care wrapped around a positive patient experience has never been stronger. With more than 30 years under their belt, the number one priority in this family-owned business is to make sure that every patient is treated like a VIP.
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SOURCE Steinberg Diagnostic Medical Imaging | https://www.mysuncoast.com/prnewswire/2022/04/06/sdmi-announces-acceptance-culinary-insurance/ | 2022-04-07T06:00:06Z |
President signs bill expanding Topeka’s Brown vs Board historic site
TOPEKA, Kan. (WIBW) - Just days ahead of the anniversary of the landmark U.S. Supreme Court ruling, Pres. Joe Biden signed a bill Thursday expanding the Brown v. Board of Education National Historic Site.
The bill redesignates the former Monroe School near downtown Topeka as the Brown v. Board of Education National Historical Park. The law adds two school sites in South Carolina to the historical park, and designates schools in Delaware, Virginia and the District of Columbia as affiliated areas of the National Park Service. NPS still must acquire the South Carolina schools.
“The expansion of Brown v. Board of Education National Historical Park to recognize sites in South Carolina, Delaware, Virginia and Washington, D.C. helps us to more fully tell the story of the struggle to end school segregation,” U.S. Interior Secretary Deb Haaland said. “The Supreme Court’s finding that racially segregated schools were unconstitutional was unquestionably a pivotal event in our nation’s civil rights struggle and we are honored to serve as stewards to part of that history.”
The landmark decision “separate but equal” school facilities were inherently unequal was delivered May 17, 1954. The case was filed on behalf of 13 Topeka parents and their children who were denied entrance to the city’s all-white schools. The case bore the name of Oliver Brown, the only man among the Topeka plaintiffs, and was combined with four other cases when it reached the nation’s high court.
The former Monroe School was originally established as part of the NPS system Oct. 26, 1992. It was one of several all-black elementary schools in Topeka, and the one attended by Oliver Brown’s daughter, Linda. Renovations followed, and the site was dedicated in a ceremony May 17, 2004, the 50th anniversary of the decision.
“It is our solemn responsibility as caretakers of America’s national treasures to tell the whole, and sometimes difficult, story of our nation’s heritage for the benefit of present and future generations,” National Park Service Director Chuck Sams said. “Including these important sites will broaden public understanding of the events that led to the 1954 landmark U.S. Supreme Court decision in Brown et. al v. Board of Education.”
The three new Brown v. Board affiliated areas bring the total number of areas affiliated with the NPS to 30.
The authorized additions to the park are:
- Summerton High School (Summerton, SC). Built in 1936 and listed on the National Register of Historic Places, Summerton High School was an all-white school that refused to admit black students prompting the Briggs v. Elliott case.
- Scott’s Branch High School (Summerton, SC). The former “equalization school” was constructed for African American students in 1951 under the guise of providing facilities comparable to those for white students. Today, the former school is now the Community Resource Center owned by Clarendon School District 1.
The newly authorized affiliated areas are:
- Robert Russa Moton School (Farmville, VA). The all-black school was the location of a student-led strike in 1951 that lead to Davis v. County School Board of Prince Edward County. The former school is a National Historic Landmark, and today serves as the Robert Russa Moton Museum, which is administered by the Moton Museum, Inc., and affiliated with Longwood University.
- Howard High School (Wilmington, DE), Claymont High School (Claymont, DE), and Hockessin Colored School #107 (Hockessin, DE) Howard High School, already a National Historic Landmark, was the first high school for African Americans in the state of Delaware and the school to which the plaintiffs in Belton v. Gebhart were forced to travel. Today, the school is known as Howard High School of Technology and is administered by the New Castle County Vocational-Technical School District. Claymont High School denied admission to the plaintiffs in the Belton v. Gebhart case. Today, the former school is a community center. Hockessin Colored School #107 was an all-Black school one of the plaintiffs in Belton v. Gebhart was required to attend without public transportation. It is now used as a community facility.
- John Philip Sousa Junior High School (Washington, D.C.). Built in 1950 in the Fort Dupont neighborhood, this was an all-white school where 12 African American students were denied admission, spurring the Bolling v. Sharpe case. Today, the school serves as a DC public middle school and was previously designated as a National Historic Landmark.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/12/president-signs-bill-expanding-topekas-brown-vs-board-historic-site/ | 2022-05-12T23:42:29Z |
LONDON and NEW YORK and SINGAPORE, June 29, 2022 /PRNewswire/ -- Sequential Skin Ltd, a leading skin genomics start-up, has been awarded an Innovate UK SMART Grant to fund a project on advancing current understanding of the skin microbiome in healthy and diseased skin - using their novel testing kits.
Atopic dermatitis (AD) is a multifactorial chronic and recurrent inflammatory skin disease, affecting 20% of children and 10% of adults. Roughly 29% are moderate to severe cases, with healthcare and socio-economic costs of £723M per year.
This US $500k (equivalent to £400k) project will be funded over 18 months to further the understanding of genetic and skin microbiome inputs, during disease progression, that may lead to helping to identify and stratify patients in the future.
"We see a future where patients with recurrent and debilitating skin conditions are diagnosed in a highly precise way, at the point of care, which can then be followed by effective and targeted treatment", said Oliver Worsley, CEO, and co-founder.
Highly disruptive to skin health
Sequential will work alongside dermatologists in the NHS to recruit patients and benefit from clinicians experienced in AD. "As a dermatologist, Sequential's technology will be highly disruptive in changing the way AD patients could be diagnosed and better treated in the future. I'm proud to be involved with the Sequential team in this project," added Dr Natalya Fox, a Dermatology Registrar at St George's Hospital.
Sequential has already commercialised its skin microbiome testing kit for the personal care industry. Validated with over 30 personal care, pharmaceutical, or skincare companies to help evaluate how formulations affect the health of the skin—this has led to a vast database of biological data from the skin. Their technology has been further confirmed, having recently been listed as a finalist at the C&T Allē Awards, as the best testing method or tool.
"Being backed by Innovate UK, not only extends our research further into understanding skin conditions like AD – but validates our next generation testing platform and the data we've compiled so far", added Albert Dashi, CSO, and co-founder.
About Sequential Skin
Sequential was the first company in the world to offer a consumer microbiome test, opening up the possibility of personalisation and improving skin health (Tatler article). Since then, they have made significant progress in using their novel skin microbiome testing kit for the use of evaluating personal care products, allowing for next generation sequencing in vivo (C&T article).
Sequential products are the result of the team's combined 30 year+ of expertise in genetics, epigenetics, and microbiome research, backed by some of the world's most prominent venture capital companies such as Metaplanet, Scrum Ventures, SOSV, Genedant, and Ben Holmes (ex. Index Ventures).
Testing B2B platform: www.sequential.bio
Consumer product: www.sequentialskin.com
About Innovate UK
Innovate UK is the UK's national innovation agency. They support business-led innovation in all sectors, technologies and UK regions. They help businesses grow through the development and commercialisation of new products, processes, and services, supported by an outstanding innovation ecosystem that is agile, inclusive, and easy to navigate.
https://www.gov.uk/government/organisations/innovate-uk
Contact: press@sequentialskin.com, +44 (0)7832 237937
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SOURCE Sequential Skin Ltd | https://www.mysuncoast.com/prnewswire/2022/06/29/sequential-awarded-prestigious-innovate-uk-smart-grant-propel-understanding-skin-microbiome-forward/ | 2022-06-29T10:54:14Z |
NEW YORK, June 13, 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.
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.
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.kxii.com/prnewswire/2022/06/13/class-action-alert-law-offices-vincent-wong-remind-riskified-ltd-investors-lead-plaintiff-deadline-july-1-2022/ | 2022-06-13T10:55:35Z |
BOULDER, Colo., June 21, 2022 /PRNewswire/ -- Accure Acne, Inc. announced today that Samuel E. Navarro has joined Accure Acne's Board of Directors. Along with Chairman and Founder Christopher Carlton, Founder Ed Barbera, and Board Member Jeffrey O'Donnell Sr., Mr. Navarro brings strategic guidance for Accure's ongoing financial strategy, as well as the company's organization, commercialization and product development pathway. Accure Acne continues to focus on delivering a durable treatment for acne to patients and healthcare providers around the world.
"The addition of Sam to our board exemplifies the strength of Accure considerably," said Mr. Carlton. "Sam's experience in the emerging growth medical device market, along with his experience in the financial markets with M&A and investment firms, and with his relationships in the industry, comes at a critical time for Accure."
Mr. Navarro brings more than 30 years of Board, Executive and Investment Banking experience advising emerging growth medical device firms.
"I am excited to join the Accure team", said Mr. Navarro. "One of the most common reason people visit a dermatologist is for the treatment of acne. In collaboration with Professor R. Rox Anderson, Accure Acne's vision of creating a durable treatment for acne, will radically transform how dermatologists can solve this unmet need. I believe the Accure technology is a novel, potentially ground breaking platform that targets a vast, global market."
Currently, Mr. Navarro serves as managing partner of Gravitas Healthcare, LLC, a strategic advisory firm founded in October 2008. Gravitas Healthcare specializes in advising emerging growth medical device companies like Accure. Previously, Mr. Navarro served as managing director of Cowen & Co. and head of its medical technology investment banking initiatives. Prior to Cowen, he was at The Galleon Group running the Galleon Healthcare Fund as a senior portfolio manager. Prior to his tenure at The Galleon Group, Mr. Navarro was global head of healthcare investment banking at ING Barings. Mr. Navarro has also held senior medical technology equity research positions at UBS Securities, Furman Selz Inc. and Needham & Company. Mr. Navarro also serves as a director of Palette Life Sciences, Inc., a medical device company. Previously, Mr. Navarro served as a director of Artasis, Inc., BioSig Technologies, Inc., Fixes-4-Kids, Inc., Photomedex, Inc., Micro Therapeutics, Inc., all medical device companies, and also served as an advisory board member of OrthoPediatrics Corp., a worldwide leader in pediatric orthopedics. Mr. Navarro received an M.B.A. in finance from The Wharton School at the University of Pennsylvania, a M.S. in engineering from Stanford University and a B.S. in engineering from The University of Texas at Austin.
About Accure Acne, Inc.
At Accure, we are wholly committed to developing revolutionary solutions to target acne. We know that acne can have a devastating social, psychological, physical and economic impact on patients around the world. We are developing transformative solutions that we believe will answer this unmet need and have a positive and profound impact on patients and providers worldwide.
Learn more about Accure and our commitment to acne: www.accureacne.com
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SOURCE Accure Acne, Inc. | https://www.kxii.com/prnewswire/2022/06/21/accure-acne-announces-appointment-samuel-navarro-board/ | 2022-06-21T15:23:26Z |
LONG BEACH, Calif., July 21, 2022 /PRNewswire/ -- MemorialCare Long Beach Medical Center has received the American Heart Association's Get With The Guidelines® - Heart Failure Gold Plus Quality Achievement Award, as well as the American Heart Association/American Stroke Association's Get With The Guidelines® - Stroke Gold Plus Quality Achievement Award. Along with these awards, MemorialCare Long Beach Medical Center received recognition under the American Heart Association/American Stroke Association's Target Type 2 Diabetes Honor Roll. The awards recognize Long Beach Medical Center's commitment to following up-to-date, research-based guidelines for the treatment of heart failure and stroke, ultimately leading to more lives saved, shorter recovery times and fewer readmissions to the hospital.
MemorialCare Long Beach Medical Center earned the awards by meeting specific quality achievement measures for the diagnosis and treatment of heart failure and stroke patients, ensuring they receive the most appropriate treatment according to nationally recognized, research-based guidelines founded in the latest scientific evidence. These measures include evaluation of the proper use of medications and aggressive risk-reduction therapies. Before discharge, patients also receive education on managing their overall health, get a follow-up visit scheduled, as well as other care transition interventions.
"MemorialCare Long Beach Medical Center is committed to improving the quality of care for our heart failure and stroke patients by adhering to the latest treatment guidelines and streamlining processes to ensure timely and proper care for heart failure and strokes," says Ike Mmeje, chief operating officer, Long Beach Medical Center. "Implementing the American Heart Association/American Stroke Association's Get with the Guidelines initiatives programs make it easier for our teams to put proven knowledge and guidelines to work on a daily basis."
Long Beach Medical Center also is recognized on the association's Target: Heart FailureSM Honor Roll, Target: StrokeSM Elite Plus, and Target: Type 2 Diabetes Honor Roll. To qualify for these recognitions, Long Beach Medical Center must meet additional quality measures.
"We are pleased to have been nationally recognized by the American Heart Association/American Stroke Association," says Joe Kim, chief medical officer, Long Beach Medical Center. "Research has shown that hospitals adhering to these clinical measures through the Get With The Guidelines quality improvement initiative have seen fewer readmissions and lower mortality rates."
The MemorialCare Heart & Vascular Institute at Long Beach Medical Center is a leader in cardiovascular diagnostics, treatment and innovative research. Long Beach Medical Center is a Joint Commission Certified Comprehensive Stroke Center, which means that the hospital is focused on providing highly specialized stroke care.
About MemorialCare Long Beach Medical Center:
MemorialCare Long Beach Medical Center has been providing the community with compassionate, quality health care for more than 100 years. While leading in specialized care, research and education, Long Beach Medical Center has an outstanding record of innovation and medical advances, along with numerous accolades. Long Beach Medical Center is ranked no. 8 in the Los Angeles Metro Area by U.S. News & World Report, and has earned Magnet® recognition for nursing excellence. With leading centers for cancer, heart, rehabilitation, orthopedics, neurology and trauma, physicians and surrounding hospitals continually refer to its accredited programs. For more information, visit memorialcare.org/LongBeach.
About Get With The Guidelines
Get With The Guidelines® is the American Heart Association/American Stroke Association's hospital-based quality improvement program that provides hospitals with the latest research-based guidelines. Developed with the goal of saving lives and hastening recovery, Get With The Guidelines has touched the lives of more than 6 million patients since 2001. For more information, visit heart.org.
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SOURCE MemorialCare Long Beach Medical Center | https://www.kxii.com/prnewswire/2022/07/21/memorialcare-long-beach-medical-center-is-nationally-recognized-with-american-heart-associationamerican-stroke-associations-gold-plus-awards-heart-failure-stroke-care-diabetes/ | 2022-07-21T23:30:16Z |
NEW YORK, April 12, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PTE, RLX, NILE, ATER, and CYCC.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- PTE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PTE&prnumber=041220226
- RLX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RLX&prnumber=041220226
- NILE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NILE&prnumber=041220226
- ATER: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ATER&prnumber=041220226
- CYCC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CYCC&prnumber=041220226
(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.mysuncoast.com/prnewswire/2022/04/12/thinking-about-buying-stock-polarityte-rlx-technology-bitnile-aterian-or-cyclacel-pharmaceuticals/ | 2022-04-12T16:26:19Z |
Six students to be awarded $10,000 per year and paid summer internships for up to four years
WALTHAM, Mass. and BROOKLYN, N.Y., June 7, 2022 /PRNewswire/ -- National Grid today announced the launch of a scholarship program aimed at increasing diversity in engineering across Massachusetts and New York. The Company will begin accepting applications today and will select six candidates for the 2022-2023 academic year to each receive a $10,000 scholarship and a paid summer internship in National Grid's Massachusetts or New York business. Scholarship and internship recipients who continue to meet the program's criteria may continue receiving these benefits for up to four years.
"As one of the biggest drivers of the delivery of a clean energy future, we know we must also invest in the workforce needed to achieve net zero," said John Pettigrew, Chief Executive Officer, National Grid. "I strongly believe that National Grid can be a force for doing good. This scholarship fund is part of our continuing commitment to ensuring that our workforce is diverse and ready to bring fresh new ideas to fight climate change, the generational challenge we all face. I can't wait to bring these engineering students on board and support them as they prepare to lead the future."
Core to National Grid is the Company's Responsible Business Charter and an explicit commitment to forging a truly diverse, equitable and inclusive talent pool. National Grid is also committed to creating a culture where every colleague is valued for their unique skills, backgrounds, expertise, and insights. Diversity of identity brings fresh thinking and innovation, which is why National Grid is committed to achieving fifty-percent diversity across all Company new talent recruitment programs as well as among the senior leadership group by 2025.
National Grid Engineering Scholarship Program Criteria:
- Be high school seniors, high school graduates or current college undergraduates residing and attending school in New York or Massachusetts
- Plan to enroll or be enrolled in full-time undergraduate study at an accredited four-year college or university in New York or Massachusetts for the entire upcoming academic year
- Maintain a GPA score above 3.0 during scholarship program
- Come from a home with a household income of less than 80% of the HUD median
- Accepted into an engineering program
- Accept a paid summer internship with National Grid in the summer of 2023 and each subsequent summer that the engineering student remains in the scholarship program
- There is no requirement for the scholarship students to apply for or accept a position at National Grid, post-graduation
The deadline for applications is June 30, 2022. The program will be administered by Scholarship America. All interested parties can apply at: https://learnmore.scholarsapply.org/ng-chargingourfuture/
About National Grid
National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a path to a more affordable, reliable clean energy future through our fossil-free vision. National Grid is transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions.
For more information, please visit our website, follow us on Twitter, watch us on YouTube, like us on Facebook and find our photos on Instagram
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SOURCE National Grid | https://www.wibw.com/prnewswire/2022/06/07/national-grid-launches-scholarship-aid-diverse-engineering-students-ma-ny/ | 2022-06-07T17:14:46Z |
Psychological distress linked to long COVID, study says
(CNN) – If you suffer from anxiety, depression or loneliness, you may be at a higher risk of developing long COVID-19.
A new study published in JAMA Psychiatry said people with common psychiatric issues could have up to a 50% higher risk of longer-term COVID-related symptoms.
This includes breathing problems, brain fog, chronic coughing and overwhelming fatigue.
Researchers looked at medical data from nearly 55,000 people.
Scientists say they adjusted for demographics, body weight, smoking statues and medical history.
Researchers say participants with two or more types of psychological distress had the higher risk.
One of the authors of the study said your immune system doesn’t work as well against targets like viruses and bacteria when you’re depressed or anxious.
Copyright 2022 CNN. All rights reserved. | https://www.mysuncoast.com/2022/09/18/psychological-distress-linked-long-covid-study-says/ | 2022-09-18T16:21:35Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ironnet, Inc..
Shareholders who purchased shares of IRNT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: September 15, 2021 to December 15, 2021
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company had materially overstated its business and financial prospects; (ii) the Company was unable to predict the timing of significant customer opportunities which constituted a substantial portion of its publicly- issued FY 2022 financial guidance; (iii) the Company had not established effective disclosure controls and procedures to reasonably ensure its public disclosures were timely, accurate, complete, and not otherwise misleading; and (iv) as a result, the Company's public statements were materially false, misleading, and/or lacked any reasonable basis in fact at all relevant times.
DEADLINE: June 21, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/ironnet-inc-loss-submission-form/?id=27904&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of IRNT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 21, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.mysuncoast.com/prnewswire/2022/06/01/shareholder-alert-gross-law-firm-notifies-shareholders-ironnet-inc-class-action-lawsuit-lead-plaintiff-deadline-june-21-2022-nyse-irnt/ | 2022-06-01T10:57:44Z |
Product Suite from Workforce Solutions Simplifies Forms Management to Improve Employee Experience
ATLANTA, May 12, 2022 /PRNewswire/ -- Today, Equifax® (NYSE: EFX) announced enhancements to its employee-driven product suite with the expansion of its State Forms solution. The enhanced solution delivers simplified forms management to help U.S. employers meet state employee form requirements, including required annual notices. Bundling State Forms with services including I-9 Management, state and federal withholding forms and Work Opportunity Tax Credits (WOTC) helps employers more seamlessly create their own custom forms and packets to improve the employee experience.
More than 1 in 10 Americans moved during the pandemic according to a recent survey from Zillow Group, with respondents citing the opportunity to work remotely as a primary reason they decided to move. For employers that hire across multiple states, keeping up with the numerous state laws that govern new hire forms and annual notices can be a complex and daunting task.
The State Forms solution from Equifax can help automate this process for employers – from monitoring state requirements and tracking updates, to helping employers better manage the delivery of forms to a remote, in-office or hybrid workforce. Equifax maintains a growing and customizable array of forms, which can be accessed by HR professionals and employees via secure, single sign-on (SSO) technology. In addition, the solution can integrate seamlessly with most human capital management (HCM) systems through an application programming interface (API) connection or other integration technology.
"The pandemic caused a dramatic shift in companies' willingness to consider remote work, opening up a nationwide talent pool. However, the cross-state workforce also brings new challenges and risks for employers," commented Kate Devine-Elkins, Director, Product Management, Compliance Solutions at Equifax Workforce Solutions. "At a time when employee expectations are rising and it's more important than ever to retain talent, new enhancements to our State Forms service delivers on our commitment to helping take more of the administrative burden off of HR, while also helping employers better mitigate their risk and setting the stage for a more positive employee experience during onboarding and beyond."
State Forms is an integral pillar in the Equifax Workforce Solutions Compliance Center suite of solutions, along with I-9 Management (including our award-winning I-9 Anywhere™ solution for simpler remote onboarding) and WOTC Management, which supports faster onboarding and easier form management along the employee lifecycle, all within a customizable platform that connects seamlessly with most HCM systems. State Forms is available now to employer customers. More information on State Forms solutions from Equifax Workforce Solutions is available here.
ABOUT EQUIFAX
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 25 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.
FOR MORE INFORMATION
Daniel Jenkins for Equifax Workforce Solutions
mediainquiries@equifax.com
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SOURCE Equifax Inc. | https://www.mysuncoast.com/prnewswire/2022/05/12/equifax-expands-state-forms-solution/ | 2022-05-12T12:51:10Z |
Customers ask lawmakers to protect the competitive electric market and their energy choice
BOSTON, July 11, 2022 /PRNewswire/ -- A petition signed by more than 1,000 Bay State residents was shared with lawmakers today urging the protection of the competitive electric market in Massachusetts. Signers of the petition, distributed by Retail Energy Advancement League (REAL), oppose language in S. 2842 that would close the market and force almost half a million Bay State households who have chosen a different energy supplier to use one of the three default utilities operating in Massachusetts.
Petition signers expressed concern that the legislation would take away their ability to shop for energy plans that fit their needs, including options to buy 100 percent clean energy and free charging hours for electric vehicles. Many worried about the overall effect on the market if the default utilities no longer need to compete on price, offerings and service.
"I've used 100% clean energy for years, and, since it's totally optional for customers, I don't understand why you would shut off this important option to consumers. If there are issues with some energy providers being bad actors, it's best to regulate or deal with them and not totally close down the options to choose clean energy," said James F. in Waltham, Massachusetts.
In Massachusetts, the competitive electric market is regulated and overseen by the Department of Public Utilities, which also manages "Energy Switch Massachusetts," an online platform where customers can make comparisons of competitors' current electric rates, offers, and contract terms, review different sources of electricity and make a selection based on their household's energy usage, preferences and needs.
"With such a wide range of kw charges, Massachusetts consumers should have a choice. People on fixed incomes and with low incomes need to be able to select their provider. In fact, I think the Commonwealth should make it easier to access rate information," said Linda W. in Boston Massachusetts.
The number of Massachusetts customers who shop has grown every year. According to the Massachusetts Department of Energy Resources, almost 500,000 residents chose a different supplier other than their default utility provider in 2021.
"I have used alternative electricity sources under this program for 4 years. Pricing and service have always been quite competitive. Why would the Legislature want to end such a successful program and return Massachusetts to the age of monopolistic energy supply?" said David B. of Dover, Massachusetts.
Competitive retail suppliers provide terms that range from six to 36 months, enabling the customer to shop for a low-cost rate and potentially lock in a lower price for an extended period, something default utility suppliers do not offer.
"Low income families need to have a choice on whom their energy providers should be. When you have a fixed income, you need stability and be able to predict your monthly bills. Without choice, energy customers will have constant fluctuation making bill planning and financial clarity extremely difficult," said Erin K. in Rochdale, Massachusetts.
More than three quarters of the competitive electric supply available to residents right now is a 100% renewable product and almost 20% of renewable generation purchased by residential customers will be removed from the market if this language is included in the final bill.
"This small paragraph with huge repercussions is buried in a comprehensive plan to address the climate crisis, while thwarting Massachusetts from benefiting from the evolution of our modern electric grid, which now offers a range of renewable and affordable energy sources because of the diversity of competitive suppliers and products," said Chris Ercoli, President, and CEO of the Retail Energy Advancement League. "Now is the time to expand choice, not to shut down a market that is saving ratepayers money while enabling a transition to a clean energy future."
The petition signers are not alone in wanting to continue to be able to shop the market and choose renewable energy options. A 2021 poll by SurveyUSA found 83 percent of Massachusetts residents want the freedom to choose clean energy for their homes.
Additional statements from Massachusetts residents that exercise their electric choice and oppose the proposed market closure. For a full list of quotes and signatures, click here.
- "I want the choice to choose my electricity provider. I'm smart enough to figure out what's a good deal and what isn't, and I don't feel that any legislature should interfere with my choice, even if it's "for my own good." I have been exercising this choice for years and I don't think you could cook up a good reason to cause me to, inevitably, pay more." - Eric C., Boston
- "For those of us who are committed to buying 100% renewable energy, closing the electricity supplier market would be a HUGE step backwards for Massachusetts," said Daniel J. in Beverly, Massachusetts.
- "Having the ability to choose has let me keep my electric bills at home and work lower rather than being crushed during cold winter months. This should not be banned! KEEP OPEN COMPETITION!" - Tim G., Sturbridge
- "Price shopping is good to keep costs down! .13 kw versus .18 kw does add up!" - Olivia M., Agawam
- "By taking away our choice to choose electric companies, you remove the option to buy greener energy and less expensive energy." - Michele S., West Roxbury
- "I already choose an energy provider that is not my local utility so that I can buy 100% renewable energy at a reasonable price. Please don't limit this competition." - Adam M., Needham
- "Please remove the electric choice ban in S.2842. Having a choice has allowed me to save money on my electric bill which is over $1000/ mo for 3.5 months during winter." - Elaine H., Chestnut Hill
- "How is this anti-competitive practice considered progress? Energy choice allows me to ensure my energy use is generated in sustainable ways. With this legislation I would lose control over this, which is very important to me." - Aaron S., Roslindale
- "There are retail electric supplier offers which are more expensive than the default utility supply offer in this market but I would rather you make the information easily readable and comparable. It took me a lot of time to find a less expensive provider BUT we did and save significantly. Please keep the market open and give the consumer the way to fight unscrupulous suppliers. What is outrageous is delivery where it is impossible to fairly determine what I am paying and where I am being overcharged." - Michael K., Boston
ABOUT RETAIL ENERGY ADVANCEMENT LEAGUE (REAL): REAL is a national advocacy organization dedicated to the expansion and modernization of American retail electric markets. The organization was founded by a coalition of companies that believe consumers deserve control over their energy decisions. Founding member companies include Calpine, CleanChoice Energy, IGS Energy, NRG Energy, Shell Energy, and Vistra.
To learn more, visit: https://www.retailenergychoice.org/
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SOURCE Retail Energy Advancement League | https://www.mysuncoast.com/prnewswire/2022/07/11/massachusetts-residents-oppose-reinstatement-utility-monopolies/ | 2022-07-11T22:23:14Z |
OSLO, Norway, May 24, 2022 /PRNewswire/ --
First quarter highlights
- First fish tanks and related technical installations at Indre Harøy completed and put into operation
- First smolt batch released at Indre Harøy late March as per original timeline – next smolt release planned in Q2 2022
- Batch 1 performing in line with expectations – stable farm conditions with strong initial feed numbers and low mortality – average weight of ~725 grams as of 21 May
- Phase 1 construction continuing according to plan – phase 1 capex estimate unchanged
- Initiated phase 2 preparations at Indre Harøy – signed Heads of Terms with Artec Aqua for phase 2 build-out
- Available liquidity of NOK 1,056 million per 31 March 2022 including committed undrawn credit facilities and adjusted for April 2022 private placement
Subsequent events
- Completed NOK 300 million private placement to partly fund planned Indre Harøy phase 2 build out and smolt facility expansion
All 12 fish tanks in phase 1 are now assembled with most of the structures and buildings completed. Following a period of testing and commissioning started in December last year with the first part of the facility commenced operations late March.
Capex during the first quarter amounted to 244 million. In addition, NOK 13.5m of internal G&A were capitalized. Q1 2022 saw good progress at the construction site. Together with timing effects as to delivery dates of high value equipment, this contributed to the high Q1 capex.
Following an extensive commissioning and testing period commenced already in December, Salmon Evolution took over the first part of the facility on 26 March. The handover included inter alia the water intake station and the first two fish tanks together with connecting infrastructure and technical installations. Later the same day, Salmon Evolution successfully completed its first smolt release consisting of about 100,000 smolt with an average weight of around 300 grams. Following the positive confirmation of the fish transfer process and a customary short adaption period for the fish, initial feeding commenced.
Along with the Company's technicians being accustomed with the facility, feeding has been gradually increased. Throughout this process feed waste has been carefully monitored to avoid overfeeding. The Company is very pleased to see that the fish is responding very well to feeding and on 30 April a significant milestone was reached when the daily feeding volume for the first time exceeded 1 ton, which represented more than 2% of the standing biomass. The positive trend has continued in May with average daily feeding exceeding 2% of the biomass.
Commenting on the development, CEO Håkon André Berg, said:
"Since we started construction back in May 2020, the first smolt release has been the moment that we all have been waiting for. I am extremely proud of our organization and the fact that we have been able to adhere to our ambitious timeline, even with the challenges faced us during the pandemic.
"At the same time, this is just the beginning. As we now move forward, our number one priority is the biology in our farm. Good biology will improve fish quality and translate into strong growth, which finally will be reflected in the financial performance. With our organization now totaling almost 50 highly skilled employees, I am more confident than ever in our mission - extending the ocean potential."
In addition, on 7 February 2022 Salmon Evolution announced that the company had entered into a Heads of Terms with Artec Aqua for the phase 2 build-out at Indre Harøy. Phase 2 is expected to in principle be identical to phase 1 and add a further 7,900 tons HOG of annual production, bringing the total planned production volume to 15,800 tons HOG per annum. The final design and construction agreement will include financing reservations providing Salmon Evolution with the necessary flexibility to align the phase 2 build out with the Company's overall financing plan.
Further, on 5 April 2022 Salmon Evolution completed a private placement raising gross proceeds of NOK 300 million at a subscription price of NOK 9.00 per share. The private placement attracted strong interest from Norwegian, Nordic and international high-quality investors and was significantly oversubscribed. The net proceeds from the private placement will be used to (i) partly fund the second phase of the Indre Harøy facility, (ii) smolt facility expansion and (iii) for general corporate purposes.
Summary and outlook
Since Salmon Evolution was listed on Euronext Growth in September 2020, all eyes have been set at our targeted Q1 2022 milestone – first smolt release. The Company is very pleased to see that this target was achieved, transforming this ground-breaking building project at Indre Harøy into a full-fledged farming operation.
Moreover, after nearly two months of production the operating KPIs look very promising. The feeding has increased steadily throughout the period and stabilized at a level in line with the targets set out in our production plan which should yield an annualized production of 7,900 tons HOG for each phase.
The organization across the Group now totals nearly 50 skilled employees. The process leading up to the smolt release followed by initial operations have already provided our employees with valuable experience, strongly benefitting the next phase 1 construction milestones and upcoming smolt releases. Furthermore, these experiences will be vital as we move into our planned phase 2 expansion.
The Company also aims to utilize these experiences in our international expansion, first in Korea through our K Smart joint venture where initial design and engineering activities continued in the first quarter with K Smart also retaining Billund Aquaculture to assist in this respect.
With Salmon Evolution soon entering the operational and commercial phase, the Company is very pleased to see that the market fundamentals for salmon remain very strong. The average Fish Pool salmon price was NOK 80.0/kg in Q1 2022 compared to NOK 54.3/kg in Q1 2021, representing an increase of 47% year over year. Looking at the forward prices for the remainder of 2022, this points to a full year 2022 salmon price of more than NOK 80/kg. In comparison the full year salmon price for 2021 was NOK 58.4/kg. The Company also notes that airfreight costs for in particular the Asian market has been at elevated levels following the pandemic and war in Ukraine, resulting substantially higher salmon prices locally, e.g. in South Korea.
Looking at 2022 most analysts now expect neutral or slightly negative global supply growth which should support a scenario with high salmon prices. Salmon Evolution sees a significant demand growth potential for salmon over the coming decade subject to the industry being able to grow the supply side. In this context the Company remains firm in its belief that land-based farming will need to play an important role alongside conventional farming.
With our first fish now enjoying its new life at Indre Harøy and steadily growing every day, we look forward to first harvest during the fourth quarter and well ahead of year end. Salmon Evolution remains confident that 2022 will be a landmark year for the Company setting the stage for significant growth in the years to come. This in turn will enable Salmon Evolution to take a global frontrunner position in the future development of land-based salmon farming.
Results presentation
CEO Håkon André Berg and CFO Trond Håkon Schaug-Pettersen will present the results by webcast today, Tuesday 24 May at 08:00 a.m. CEST.
The presentation and subsequent Q&A will be held in English.
The presentation can be accessed at www.salmonevolution.no, or with the following link: https://streams.eventcdn.net/salmonevolution/2022q1/
For further information, please contact:
Håkon André Berg, CEO, Salmon Evolution
hakon.andre.berg@salmone.no
+47 41 19 22 57
Trond Håkon Schaug-Pettersen, CFO, Salmon Evolution
thsp@salmone.no
+47 91 19 13 27
This information was brought to you by Cision http://news.cision.com
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SOURCE Salmon Evolution | https://www.mysuncoast.com/prnewswire/2022/05/24/salmon-evolution-results-first-quarter-2022/ | 2022-05-24T06:34:58Z |
Queen to miss traditional royal garden party season
LONDON (AP) — Queen Elizabeth II will miss the traditional royal garden party season, where she would normally meet with hundreds of people on the grounds of her residences in London and Edinburgh, palace officials said Thursday.
The 96-year-old monarch will be represented instead by other members of her family, Buckingham Palace said in a statement.
Before the pandemic, the queen invited over 30,000 people each year to the gardens of Buckingham Palace or the Palace of Holyroodhouse in Edinburgh. The guests, who have all served their community in different ways, have the opportunity to speak with the queen and other royal family members at the parties.
The parties were set to return for the first time in three years starting next week.
The monarch has missed several major events this year and has been carrying out online engagements instead. She spent a night in the hospital in October and only conducted light duties for several months on her doctors’ orders.
In March the queen attended a service honoring the life of her late husband, Prince Philip.
She marked her Platinum Jubilee — 70 years on the throne — in February. Large-scale festivities to celebrate that milestone, including concerts and pageants, will take place later this month and in June.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/05/queen-miss-traditional-royal-garden-party-season/ | 2022-05-05T16:58:12Z |
BENTONVILLE, Ark., Aug. 24, 2022 /PRNewswire/ -- Today, Heartland Forward released its latest report, Scrolling for Jobs: A Look at Online Activity in Regional Labor Markets. Authored by Senior Economist Julie Trivitt, the report analyzes occupational and geographic patterns in job search activities alongside state-level data to determine which features of state labor markets are most closely associated with the measures of online job search activity.
"The patterns and characteristics identified in the data can help business leaders and policymakers more accurately assess their labor markets and make decisions likely to foster economic growth," Trivitt said. "By analyzing the supply and demand of workers and jobs during the peak of the pandemic recession, we are able to provide insight into what policies may contribute to vibrant online labor markets."
Findings:
- Occupation matters more than location when predicting online job activity in a particular region: For example, accountants in any region post resumes in similar numbers, whether in Mississippi or Montana. Likewise, teachers in Texas and North Dakota behave similarly. The differences in rates at which job ads and resumes are posted online across occupations provides some clues about how well regional labor markets are working and which occupations may benefit from additional tools to facilitate job searches.
- Online postings of resumes and job ads vary by location. After adjusting for the region's occupations and their online job search patterns, metro areas generally have more online job search activity than non-metro areas, but the difference is greater for resume postings than job ads. The differences in the rates at which job ads and resumes are posted provides insights into where labor markets may be out of balance – in other words, where they have more people looking for new opportunities than job openings.
- Internet access influences how much online job search activity takes place in a given area. States with more internet infrastructure have higher rates of online job ads, but interestingly, more resume posts show up in states where more people face challenges accessing high speed internet at home.
- Public health issues and policies during the pandemic also shaped online job search activities. For example, states where cities, employers, schools and other local institutions were free to determine the mask or vaccine policies for themselves had higher rates of job ads posted.
CONTACT: Blake Woolsey, (479) 957-6301, bwoolsey@heartlandforward.org
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SOURCE Heartland Forward | https://www.kxii.com/prnewswire/2022/08/24/review-online-job-seeking-searching-trends-reveals-opportunities-challenges-workers-employers/ | 2022-08-24T12:39:24Z |
HANGZHOU, China, July 25, 2022 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company") today announced that it has officially launched the highly anticipated Diablo® Immortal™ in the Chinese market on iOS and Android mobile platforms on July 25. The latest instalment of the highly popular action role playing game series Diablo was co-developed by NetEase and Blizzard Entertainment.
Delivering fantastic gameplay that relishes the Triple-A demon-slaying experience for players, Diablo Immortal also boasts the art style and setting of the iconic Diablo franchise. Upon its June 2 global launch, the game topped the App Store's download charts across multiple regions around the world.
NetEase holds a rich history of developing and distributing industry leading mobile and PC games with a prestigious roster of hit titles developed in-house. In addition to its massive and growing gaming community, NetEase's world-class capabilities are clearly reflected in the quality of games like Diablo Immortal. The game leverages Messiah, NetEase's self-developed 3D game engine to bring players top-quality visual effects with smooth hitting sense on mobile devices.
Other chart-topping games developed by NetEase include its Fantasy Westward Journey and Onmyoji series, as well as Naraka: Bladepoint, Identity V, LifeAfter, Knives Out, Harry Potter: Magic Awakened and The Lord of the Rings: Rise to War.
For more updates about NetEase's games, follow the Company's official Twitter.
About NetEase, Inc.
As a leading internet technology company based in China, NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase") provides premium online services centered around innovative and diverse content, community, communication and commerce. NetEase develops and operates some of China's most popular mobile and PC games. In more recent years, NetEase has expanded into international markets including Japan and North America. In addition to its self-developed game content, NetEase partners with other leading game developers, such as Blizzard Entertainment and Mojang AB (a Microsoft subsidiary), to operate globally renowned games in China. NetEase's other innovative service offerings include its majority-controlled subsidiaries Youdao (NYSE: DAO), China's leading technology-focused intelligent learning company, and Cloud Village (HKEX: 9899), also known as NetEase Cloud Music, China's leading online music content community, as well as Yanxuan, NetEase's private label e-commerce platform. For more information, please visit: http://ir.netease.com/.
Contacts for NetEase
Investor Enquiries:
Margaret Shi
NetEase, Inc.
ir@service.netease.com
Tel: (+86) 571-8985-3378
Twitter: https://twitter.com/NetEase_Global
Media Enquiries:
Li Ruohan
NetEase, Inc.
globalpr@service.netease.com
Tel: (+86) 571-8985-2668
Twitter: https://twitter.com/NetEase_Global
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SOURCE NetEase, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/25/netease-releases-diablo-immortal-china-ios-android-july-25/ | 2022-07-25T09:26:35Z |
Sitterle Homes will build homes on 79 lots in the newest section of the residential mixed-use community
GEORGETOWN, Texas, April 23, 2022 /PRNewswire/ -- A new gated section of Parmer Ranch, an amenity-rich master-planned community in Georgetown, will soon open for sales. Featuring 79 lots, Sitterle Homes will build new homes ranging from 1,586-2,689 square feet in Parmer Ranch Cottages beginning this summer.
Homebuyers can join Sitterle's interest list for updates on pricing and home designs in Parmer Ranch Cottages. Sitterle Homes is currently selling Parmer Ranch lots and homes from an off-site center but plans to build a new model home in the Cottages.
"Parmer Ranch has been a huge success for us as we sold out Phase 1 incredibly fast. We are excited to continue within this community with this product," said Brian Shields, President of Sitterle Homes Austin LLC.
Nestled in the rolling Texas Hill Country north of Austin, Parmer Ranch is a 454-acre community showcasing beautiful amenities steps from home, including a 10-acre park currently under development that will feature an extensive trail system, zip lines and a playground. The community will also offer an amenity center and 100 acres of dedicated commercial real estate space.
In 2022, developer Owen Holdings began construction on new homesites in the second and third phases of Parmer Ranch, which are scheduled to open in May. GFO Home's new model home is now open at 2002 Clearlight Lane, Georgetown, TX 78633. Homebuilders Gehan Homes and Empire Communities anticipate to open model homes in early May.
Parmer Ranch is situated at Williams Drive and Ronald Reagan Boulevard, minutes from beloved restaurants, boutiques and festivals in the historic downtown Georgetown Square. Nearby Lake Georgetown also offers boating, hiking and mountain biking opportunities. The community is a quick commute away from top employment centers and major tech companies across northern parts of the region. Austin, Round Rock, Killeen/Ft. Hood and favorite Hill Country entertainment destinations are only a short drive away.
Served by the acclaimed Georgetown Independent School District, development of a new middle school within Parmer Ranch will begin this summer. The new Benold Middle School is scheduled to open for the 2024-2025 school year. The community will also be home to a future Georgetown ISD elementary school.
To visit the community from Austin, head north on I-35 to Georgetown and take exit 262. Head west on Williams Drive for 11 miles to the community entrance on Parmer Ranch Boulevard. For more information, visit parmerranch.com.
About the Developer
Owen Holdings Inc., founded by long-time real estate professional Joe Owen, owns and develops single-family and commercial real estate property throughout Texas. Along with his operating partner, Klugman Company, his current focus is residential and mixed-use development projects. In addition to Parmer Ranch, they developed and manage North Haven, an estate lot community in Liberty Hill and Crystal Falls Business Park in Leander and other projects in early stage of development.
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SOURCE Owen Holdings | https://www.wibw.com/prnewswire/2022/04/23/georgetown-master-planned-community-parmer-ranch-opens-new-gated-section/ | 2022-04-23T15:25:53Z |
SALT LAKE CITY, Aug. 1, 2022 /PRNewswire/ -- National Civility Month, held each August, provides an opportunity to treat others with kindness, empathy and respect, according to a global CEO and bestselling author.
"As human beings, we need each other. We need encouragement, empathy and connections. We need smiles, kind words, good advice and trusted friends," said Kevin Guest, chairman and CEO of USANA Health Sciences (NYSE: USNA). "National Civility Month is the perfect time to share kindness and expand our circle of influence for the better with those around us."
Author of the bestseller All the Right Reasons: 12 Timeless Principles for Living a Life in Harmony, Guest provides five ways to help leaders and employees strengthen company culture through the power of civility to each other.
"Number one on the list is to focus on kindness first thing in the morning and think about how you'll treat others that day," Guest said. "Maybe you'll call your grandmother to let her know you're thinking about her. Perhaps you'll help your neighbor carry in her groceries – anything from the heart will do."
Guest says next, we should notice others around us who may be struggling.
"If you know someone who's experiencing a particular challenge, ask yourself what you would want from others if you were in their position," he said. "If it's a social evening out with friends to unwind or being a quiet listener, you have an opportunity to make a difference."
His third point is to use technology to be kind.
"Think of how wonderful it is to get a text from someone who tells you how much you helped them or matter to them," the international leader said. "Texting and emailing are quick and easy, yet those tools can send a powerful and kind message to someone, so follow your impressions when you feel inclined to reach out."
The next item may be hard for some, but Guest recommends always taking the higher road when talking about others.
"When you avoid office gossip and don't join negative talk about another person, that is a true demonstration of kindness and respect," Guest said. "Keep yourself from listening to unpleasant statements about others and don't add anything negative to the conversation."
In his book, Guest writes that his father had an employee who accidentally burned their lumber mill to the ground.
"My parents were devastated, but because kindness and forgiveness were two of my dad's core values, I don't remember ever hearing him say anything derogatory about that employee," he wrote. "In fact, that same employee continued to work at the mill for many years."
Finally, Guest encourages everyone to think of themself as an instrument of kindness.
"It's a wild concept to some, but have you considered that maybe you were put on this earth to be kind to others? If you believe it's your job, role or destiny to be good to others, you'll begin to behave with kindness all the time," he said. "When you believe you can greatly affect the feelings of others through simple acts of kindness, you'll act differently and see remarkable things happen to them and to yourself."
All proceeds from All the Right Reasons are directed to feed two million meals to hungry children. Available on Amazon, the book provides 40 meals for each single purchase.
For more information, visit www.kevinguest.com.
MEDIA CONTACT:
Tim Brown, Candid Communications
tim@candidcom.com
801-557-1466
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SOURCE USANA | https://www.kxii.com/prnewswire/2022/08/01/kevin-guest-shares-5-ways-be-kind-national-civility-month/ | 2022-08-01T11:29:12Z |
Biden oil move aims to cut gas prices ‘fairly significantly’
WASHINGTON (AP) — President Joe Biden on Thursday ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that have spiked after the United States and allies imposed steep sanctions on Russia over its invasion of Ukraine.
The president said it was not known how much gasoline prices could decline as a result of his move, but he suggested it might be “anything from 10 cents to 35 cents a gallon.” Gas is averaging about $4.23 a gallon, compared with $2.87 a year ago, according to AAA.
“The bottom line is if we want lower gas prices we need to have more oil supply right now,” Biden said. “This is a moment of consequence and peril for the world, and pain at the pump for American families.”
The president also wants Congress to impose financial penalties on oil and gas companies that lease public lands but are not producing. He said he will invoke the Defense Production Act to encourage the mining of critical minerals for batteries in electric vehicles, part of a broader push to shift toward cleaner energy sources and reduce the use of fossil fuels.
The actions show that oil remains a vulnerability for the U.S. Higher prices have hurt Biden’s approval domestically and added billions of oil-export dollars to the Russian government as it wages war on Ukraine.
Tapping the stockpile would create pressures that could reduce oil prices, though Biden has twice ordered releases from the reserves without causing a meaningful shift in oil markets. Biden said Thursday he expects gasoline prices could drop “fairly significantly.”
Part of Biden’s concern is that high prices have not so far coaxed a meaningful jump in oil production. The planned release is a way to increase supplies as a bridge until oil companies ramp up their own production, with administration officials estimating that domestic production will grow by 1 million barrels daily this year and an additional 700,000 barrels daily in 2023.
The markets reacted quickly with crude oil prices dropping about 6% in Thursday trading to roughly $101 a barrel. Still, oil is up from roughly $60 a year ago, with supplies failing to keep up with demand as the world economy has begun to rebound from the coronavirus pandemic. That inflationary problem was compounded by Russian President Vladimir Putin’s invasion of Ukraine, which created new uncertainties about oil and natural gas supplies and led to retaliatory sanctions from the U.S. and its allies.
Stewart Glickman, an oil analyst for CFRA Research, said the release would bring short-term relief on prices and would be akin to “taking some Advil for a headache.” But markets would ultimately look to see whether, after the releases stop, the underlying problems that led to Biden’s decisions remain.
“The root cause of the headache is probably still going to be there after the medicine wears off,” Glickman said.
Biden has been in talks with allies and partners to join in additional releases of oil, such that the world market will get more than the 180 million barrels total being pledged by the U.S.
Americans on average use about 21 million barrels of oil daily, with about 40% of that devoted to gasoline, according to the U.S. Energy Information Administration. That total accounts for about one-fifth of total global consumption of oil.
Domestic oil production is equal to more than half of U.S. usage, but high prices have not led companies to return to their pre-pandemic levels of output. The U.S. is producing on average 11.7 million barrels daily, down from 13 million barrels in early 2020.
Republican lawmakers have said the problem results from the administration being hostile to oil permits and the construction of new pipelines such as the Keystone XL. Democrats say the country needs to move to renewable energy such as wind and solar that could reduce the dependence on fossil fuels and Putin’s leverage.
Sen. Steve Daines, R-Mont., blasted Biden’s action to tap the reserve without first taking steps to increase American energy production, calling it “a Band-Aid on a bullet wound.″
Daines called Biden’s actions “desperate moves″ that avoid what he called the real solution: “investing in American energy production,″ and getting “oil and gas leases going again.”
The administration says increasing oil output is a gradual process and the release would provide time to ramp up production. It also wants to incentivize greater production by putting fees on unused leases on government lands, something that would require congressional approval.
Oil producers have been more focused on meeting the needs of investors than consumers, according to a survey released last week by the Dallas Federal Reserve. About 59% of the executives surveyed said investor pressure to preserve “capital discipline” amid high prices was the reason they weren’t pumping more, while fewer than 10% blamed government regulation.
In his remarks Thursday, Biden tried to shame oil companies that he said are focused on profits instead of putting out more barrels, saying that adding to the oil supply was a patriotic obligation.
“This is not the time to sit on record profits: It’s time to step up for the good of your country,” the president said.
The steady release from the reserves would be a meaningful sum and come near to closing the domestic production gap relative to February 2020, before the coronavirus caused a steep decline in oil output.
Still, the politics of oil are complicated with industry advocates and environmentalists both criticizing the planned release. Groups such as the American Petroleum Institute want to make drilling easier, while environmental organizations say energy companies should be forced to pay a special tax on windfall profits instead.
The administration in November announced the release of 50 million barrels from the strategic reserve in coordination with other countries. And after the Russia-Ukraine war began, the U.S. and 30 other countries agreed to an additional release of 60 million barrels from reserves, with half of the total coming from the U.S.
According to the Department of Energy, which manages it, more than 568 million barrels of oil were held in the reserve as of March 25. After the release, the government would begin to replenish the reserve once prices have sufficiently fallen.
News of the administration’s planning was first reported by Bloomberg.
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Associated Press writers Alex Veiga, Darlene Superville, Matthew Daly and Michael Balsamo contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/03/31/biden-planning-tap-oil-reserve-control-gas-prices-2/ | 2022-04-02T20:07:31Z |
Texas moves to ease border gridlock over ‘sense of urgency’
AUSTIN, Texas (AP) — The logjam of trucks at the U.S.-Mexico border finally began breaking Thursday after nearly a week as Texas Gov. Greg Abbott eased off his latest dramatic action over immigration that has gridlocked some of the world’s busiest trade ports and taken a mounting economic toll.
“There is a sense of urgency now to reach deals that did not exist before,” Abbott said.
The two-term Republican governor, who for days has allowed commercial trucks to backup for miles into Mexico after requiring them to stop for additional inspections in Texas, lifted that order for bridges in El Paso and other cities after announcing a new security agreement with the neighboring Mexican states of Chihuahua and Coahulia.
The rollbacks come as Abbott has faced intensifying pressure over the policy he rushed into place April 6 as part of an ongoing fight with the Biden administration over the flow of migrants and drugs. Inspection orders remain in other parts along Texas’ 1,200-mile border, including the busy Rio Grande Valley, but Mexican trade leaders were optimistic those would also end soon.
The deal with Gov. María Campos Galván of Chihuahua, who joined Abbott for the announcement in the Texas Capitol, set in motion the biggest relief yet for traffic that has snarled the Texas-Mexico border and raised warnings of higher prices for U.S. shoppers and spare grocery store shelves.
“People like me who buy millions of dollars of produce a week are starting to curb their purchases toward other regions of the country,” said Brent Erenwert, CEO of Brothers Produce in Houston, which relies heavily on imports from Mexico.
The inspections ordered by Abbott came in response to the Biden administration announcing last month it would wind down a public health law that has limited asylum-seekers in the name of preventing the spread of COVID-19. When that happens, the number of migrants coming to the U.S. is expected to increase.
It was the second consecutive day Abbott has lifted inspections at some bridges, starting Wednesday with Laredo, which was the busiest U.S. port of entry for trucks last year. Traffic coming into the Texas at the Pharr-Reynosa International Bridge, where more produce crosses than any other land port in the U.S., has also resumed after a dayslong protest by Mexican truckers came to an end.
One custom agency based in Mexico, the Association of Customs Agents of Reynosa, on Thursday put the losses at the Pharr-Reynosa bridge at $7 million a day.
The agreements between Abbott and Mexico’s governors have varied.
Across from Laredo, Nuevo Leon Gov. Samuel García had told Abbott his state would put in place checkpoints and policing. For Chihuahua, Galvan provided a security plan she said was in the “implementation stage” and includes agreements to share intelligence captured by security cameras and other technology. Later Thursday, Abbott also announced a similar agreement with the Mexican governor of Coahulia.
Texas Agriculture Commissioner Sid Miller, a Republican who has urged Abbott to walk back the inspections order, said Thursday one major agricultural company told him that 100 trucks sent to Mexico for deliveries have been unable to come back across because of the congestion.
He questioned what the holdout achieved, and in the case of Abbott’s agreement with Nuevo Leon, said it did not appear substantive.
“They’re just basically going to leave it up in good faith,” Miller said. “There’s no enforcement, no reckoning on that if they don’t.”
The White House, the Mexican government, trade groups and reeling businesses have bashed the extra inspections as redundant and a new burden on an already fragile supply chain.
Abbott’s border inspections come at a time when U.S. supply chains are already overwhelmed. A surge in demand from customers — the result of a surprisingly fast recovery from the devastating coronavirus recession of 2020 — caught businesses by surprise and led to bottlenecks at factories, ports and freight yards. It’s also pushed up prices, contributing to the highest inflation in 40 years.
COVID-related factory shutdowns in China and the rocketing cost of shipping goods across the Pacific Ocean have many companies looking to Mexico, where there’s no ocean to cross and there’s relief from the political and trade disputes between Washington and Beijing.
“A lot of companies, right now, they’re looking at Mexico as a way to bypass ocean dependency,’’ said Bindiya Vakil, CEO of the supply chain consultancy Resilnc. “If I’m one of those companies, I’m looking at this new regulation on the Texas border and I’m really concerned because this means additional delays, and that was supposed to be my solution — to go to Mexico and avoid the ocean altogether.’’
The U.S.-Mexico border is crucial to the U.S. economy. The United States last year imported $390.7 billion worth of goods from Mexico, second only to China.
But as the inspections taper off in Texas, Abbott says he will continue putting migrants on buses and sending them to Washington, D.C., calling it a message to President Joe Biden. “If he’s not going to come to the border, we’re going to take the border to him,” Abbott said.
U.S. Customs and Border Protections Commissioner Chris Magnus said Thursday that Abbott was moving migrants without “adequately coordinating” with the federal government. The first bus arrived Wednesday, and Abbott said more are on the way.
___
Associated Press reporters Paul Wiseman in Martinsburg, West Virginia, Maria Verza in Mexico City and Elliot Spagat in San Diego contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/15/texas-moves-ease-border-gridlock-over-sense-urgency/ | 2022-04-15T06:09:24Z |
WASHINGTON (AP) — The House on Wednesday approved a significant expansion of health care and disability benefits for millions of veterans who were exposed to toxic burn pits while serving in Iraq and Afghanistan.
The 342-88 vote all but assures the measure will soon go to President Joe Biden to be signed into law. The Senate will have to vote again because of a technical fix the House made to the bill, but the essence of the bill is the same as the one senators overwhelmingly passed last month.
The bill contains two major components. First, it extends the grace period by which military veterans serving near burn pits can get medical care through the Department of Veterans Affairs. Their eligibility for VA care will double from five years after their discharge to 10 years.
Second, the legislation directs the VA to presume that certain respiratory illnesses and cancers were related to burn pit exposure, allowing veterans to obtain disability payments to compensate for their injury without having to prove the illness was a result of their service. Currently, more than 70% of disability claims related to burn pit exposure are denied by the VA due to lack of evidence, scientific data and information from the Defense Department.
“Think of the injustice of that,” House Speaker Nancy Pelosi said of the denial rate.
“Never again should veterans be made to suffer the indignity of fighting their own government,” added Rep. Mark Takano, the Democratic chairman of the House Committee on Veterans’ Affairs.
The bill is projected to increase federal spending by about $283 billion over 10 years and does not include offsetting spending cuts or tax increases to help pay for it. An earlier version the House approved in March cost more than $320 billion over 10 years, but senators trimmed some of the costs early on by phasing in certain benefit enhancements.
Those changes brought on board more House Republicans, such as Rep. Mike Bost, the ranking Republican on the veterans panel. He said the latest version also helps ensure the VA has the staff capacity to meet the additional demand it will be facing.
“It reflects bipartisan negotiations and input from VA, who is ultimately responsible for putting it into practice,” Bost said.
Still, many Republicans were not on board. All 88 no votes came from Republican lawmakers. Rep. Chip Roy, R-Texas, said the concerns about toxic exposure are real and need to be addressed, but “we have to address the issue in this body of spending money we don’t have.”
“We’re undermining the sacrifice of the very veterans that we say that we are helping with this measure, by not doing it fiscally responsible,” Roy said.
The legislation would also benefit many Vietnam War-era veterans by including high blood pressure on the list of conditions presumed to have been caused by exposure to Agent Orange. And it would extend Agent Orange presumptions to veterans who served in Thailand, Cambodia, Laos, Guam and American Samoa. | https://cw33.com/news/politics/ap-politics/burn-pits-legislation-nears-finish-line-with-house-approval/ | 2022-07-14T12:13:10Z |
New technology helps hoteliers retail goods, services, experiences and policies – enhancing the guest experience and diversifying revenue streams
Pilot customer Cordis Hotels & Resorts sees increase of 53% in experience sales, 46% in merchandise sales and 35% in services sales
SOUTHLAKE, Texas, June 27, 2022 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, has completed the initial phase of its rollout of SynXis Retail Studio, which was created to transform the future of hotel retailing and deliver the personalized travel experience that guests have come to expect.
Cordis Hotel & Resorts in Hong Kong has been a pilot customer for SynXis Retail Studio since 2019. Despite the challenges brought about by the pandemic, since the introduction of SynXis Retail Studio, Cordis has seen a 53% increase in experiences, a 46% increase in merchandise, and a 35% increase in services sold per room night, as compared to the same period in 2019.
The ability to diversify and move beyond the ordinary attribute-based selling is key for hoteliers in today's environment. SynXis Retail Studio, which is the latest solution to be added to the SynXis platform, enables hoteliers to diversify to retail goods, services, experiences, merchandise, policies and more by attribute at the point of distribution. This ability to retail virtually anything results in more opportunities to create additional revenue streams outside the room.
"SynXis Retail Studio is a game-changer," shared Scott Wilson, President, Sabre Hospitality. "With the development of this revolutionary technology, we seek to re-define the way hoteliers do business and place a greater focus on guest experience. At Sabre, we have been intensively focused on powering a wide array of integrated, efficient, and easy-to-use solutions that help unlock exceptional value and revenue for hoteliers. The results that we have seen through the pilot phase of SynXis Retail Studio show our success in achieving this and mark an important step towards our vision of truly personalized travel."
SynXis Retail Studio allows hoteliers to offer a personalized guest experience through expanded customer choice. Hoteliers can focus on driving incremental revenue by increasing retailing options, while creating a memorable guest experience unique to their brand.
"To succeed in the competitive industry that we face today, it is crucial that hoteliers have the right technology in place to meet customers' expectations," said Tom Winrow, VP Product Management, Sabre Hospitality. "With SynXis Retail Studio, hoteliers can sell virtually anything. The right combination of ancillaries and services will better position hoteliers to reinforce their brand proposition during the guest booking. SynXis Retail Studio has already supported double-digit revenue increases for our pilot properties, and we are excited to see the benefits for the wider industry as we move beyond the pilot phase."
SynXis Retail Studio is directly integrated with SynXis Central Reservations and SynXis Booking Engine, and among future functionalities it is expected to offer the opportunity to utilize predictive analytics via machine learning to optimize revenue.
About Sabre Corporation
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.
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Sabre Contacts:
Media
Kristin Hays
kristin.hays@sabre.com
Heidi Castle
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Kevin Crissey
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SOURCE Sabre Corporation | https://www.wibw.com/prnewswire/2022/06/27/sabre-takes-hotels-into-future-retailing-with-synxis-retail-studio/ | 2022-06-27T14:03:52Z |
Within days of the deadly 2019 arrest of Ronald Greene, when body-camera video captured white troopers stunning, beating and dragging the Black motorist, the head of the Louisiana State Police wrote a stark note about the case in his journal: “Realize there is a problem — must address immediately.”
But well over a year went by — 462 days to be exact — before Col. Kevin Reeves opened an internal investigation into the actions of the troopers involved, including one who was recorded boasting he “beat the ever-living f—- out of” Greene.
Eleven pages from Reeves’ three journals were released Thursday in response to a subpoena from a legislative committee looking into a possible cover-up of the case. And the panel’s chairman says the troubling questions raised by those few pages were enough to demand that Reeves comply by turning over all his journals, with a threat of contempt charges if he doesn’t.
“The documents themselves show that Colonel Reeves knew early on that there was an issue and considered possible measures to address it but ultimately didn’t,” Republican state Rep. Tanner Magee said. “This committee has sought to figure out why.”
While the handwritten pages are in places difficult to decipher, a page of notes dated just 12 days after Greene’s death are clear, a to-do list of possible actions in response to the case: suspending officers or putting them on administrative leave, opening up an internal probe and conducting a video audit of Master Trooper Chris Hollingsworth, who boasted of beating Greene and had a history of turning off his body-camera video.
Reeves, who described Greene’s death as “awful but lawful” and stepped down in late 2020 amid criticism, has sought to downplay his own involvement in the case.
His attorney, Lewis Unglesby, said the delays in the Greene case “are not at the foot at all of Kevin Reeves,” saying it fell to his subordinates to get to the bottom of what happened. “There’s a difference between ‘This is what I want y’all to do’ and ‘I’m going to do it.’”
Greene’s May 10, 2019, death has been shrouded in secrecy and accusations of cover-up from the beginning, when authorities told grieving relatives and put in initial reports that the 49-year-old died in a car crash at the end of a high-speed chase near Monroe.
The Associated Press last year obtained long withheld body-camera video that showed what really happened: Troopers swarming Greene’s car, stunning him repeatedly, punching him in the head, dragging him by his ankle shackles and leaving him prone on the ground for more than nine minutes. At times, Greene could be heard pleading for mercy and wailing, “I’m your brother! I’m scared! I’m scared.”
Coming up on the three-year anniversary of Greene’s death, still no charges have been filed in the case despite a federal civil rights investigation, a separate state criminal probe and the legislative investigation.
The bipartisan legislative committee formed in February in response to an AP report that Reeves informed Gov. John Bel Edwards within hours that troopers arresting Greene had engaged in a “violent, lengthy struggle.” Yet the Democrat stayed mostly silent on the case for two years as state troopers continued to raise the car crash theory, which was later debunked by a new autopsy commissioned by the FBI.
The governor has said that he held off on speaking out about the troopers’ actions — even after privately watching graphic body camera footage of the arrest — because of the ongoing federal investigation. He’s since called the actions of the troopers involved criminal and racist.
For weeks, the eight-member legislative panel has been interviewing state police and other officials in a bid to reconstruct the agency’s handling of the case. Last week, one senior state police official told lawmakers he was “mystified” that no troopers have yet faced criminal charges. Another ranking official described Greene’s fatal arrest as “a complete disregard for the sanctity of human life.”
Lawmakers have said they intend to investigate what Edwards knew and when he knew it, but no one on his staff has yet been called to testify. | https://cw33.com/news/u-s-news/ap-u-s-headlines/police-boss-journal-cites-early-angst-in-ronald-greene-death/ | 2022-05-06T22:52:16Z |
BROWARD COUNTY, Fla., June 23, 2022 /PRNewswire/ -- Youth programs, a national forum to preserve Black culture online and a successful email marketing campaign earned Broward County Library two national and two statewide awards from the National Association of Counties (NACo) and the Florida Library Association (FLA).
Nationally, Broward County Library received two NACo Achievement Awards, which recognize innovative county government programs that help build healthy, safe and thriving communities. The library's winning programs were "Archiving the Black Web: A National Forum to Map the Landscape, Define the Issues, and Plan a Strategy for Documenting the Black Experience Online," which focuses on national strategies for preserving Black culture online, and the library's Science Fair Festival, an annual event providing students, parents and caregivers with an afternoon of presentations, STEM demos and fun activities that help them prepare for their school science fair project.
Broward County Library also won two prestigious FLA Awards, which honor outstanding Florida libraries, individuals, businesses and library supporters. "Ready for College," which provides high school students with free, online college-test prep classes, earned FLA's Betty Davis Miller Youth Services Award. The library's Marketing Section received the Excellence in Marketing Award for a successful 2021 email marketing campaign designed to increase awareness of free library services and events.
"We are thrilled to be recognized for doing what we love best - providing valuable library resources to our customers and communities," says Broward County Library Director Allison Grubbs. "Winning prestigious national and statewide awards such as these raises awareness not only of these four amazing library projects, but of the many other events, programs and services we offer."
The 2022 FLA Award winners were honored during FLA's May 2022 Annual Conference in Ponte Vedra, Florida, and the NACo awards will be presented in an upcoming Broward County award ceremony.
About Broward County Libraries
Broward County Libraries Division, named 2020 and 2015 Library of the Year by the Florida Library Association, was founded in 1974 and is one of the largest and busiest library systems in Florida. Broward County Libraries Division's 38 locations provide convenient access to a full range of innovative and cost-effective services that satisfy the changing needs of the people of Broward County for information, education and recreation. Visit our website, Broward.org/Library, or follow Libraries on Facebook and Twitter.
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SOURCE Broward County Libraries | https://www.kxii.com/prnewswire/2022/06/24/broward-county-library-wins-four-awards-outstanding-programs-services/ | 2022-06-24T13:28:52Z |
China slashes key interest rate as housing sales collapse
By Laura He, CNN Business
China on Friday slashed a key interest rate to rescue its slumping housing market and head off a major downturn in the world’s second largest economy.
The People’s Bank of China cut its five-year loan prime rate (LPR) by 15 basis points to 4.45%, the second reduction this year and the largest on record. Most analysts had expected a cut of five basis points.
China’s LPR is the rate at which commercial banks lend to their best customers. It serves as the benchmark for other loans and the five-year maturity is typically used as a reference for mortgages.
The central bank’s decision to slash the five-year rate is the latest in a series of steps that China has taken to tackle a real estate crisis as Covid lockdowns threaten to push the economy into its first quarterly contraction since early 2020.
Sales of new homes plunged 47% in April from a year earlier, according to the National Bureau of Statistics earlier this week, while prices in 70 cities dropped for an eighth consecutive month.
“[Friday’s move] signals that the leadership has … decided to rescue [the property sector] as soon as possible,” said Zhaopeng Xing, senior China strategist for ANZ Research. “It also suggests that China is making great efforts to achieve its 5.5% growth target“ for 2022, he said.
The Chinese economy could shrink in the second quarter, as Covid lockdowns wreak havoc on activity. Consumer spending and factory output both shrank sharply last month, while unemployment surged to the highest level since the initial coronavirus outbreak in early 2020.
The property sector, which accounts for as much as 30% of China’s GDP, is also in a deepening crisis.
Evergrande — one of the country’s biggest developers — is undergoing a huge restructuring after it defaulted on its huge debts late last year. Analysts have long feared Evergrande’s collapse could have ripple effects across the property industry.
Property sales have slowed since last year, as tight credit policies and a weakening economy damped demand. This year’s Covid lockdowns hit the industry further.
“The Omicron wave and draconian lockdowns in around 40 cities have significantly limited mobility, employment, income and the confidence of Chinese households,” Nomura analysts said.
“Beijing wants to rescue the property markets, which have experienced the worst contraction in many years,” they added.
China’s central bank announced some other measures this week to lift the market. The PBOC said last Sunday that it would cut the mortgage rate for first-time homebuyers.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/05/20/china-slashes-key-interest-rate-as-housing-sales-collapse/ | 2022-05-20T10:17:16Z |
Seasoned executive will lead Integrity's efforts to provide innovative health solutions to agents, agencies, carriers and consumers
DALLAS , July 7, 2022 /PRNewswire/ -- Integrity Marketing Group, LLC ("Integrity"), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced Ryan Kimble will become President, Integrity Health. With more than 20 years of industry experience, Kimble will oversee Integrity's extensive health insurance efforts, including Medicare, individual and group coverage. Kimble will report to Tom Dempsey, who was recently named Chief Distribution Officer at Integrity, and work closely with other members of Integrity's executive leadership team.
"Since joining the Integrity family in early 2020, Ryan Kimble has been an invaluable source of information and guidance to many of our executives and partners," said Bryan W. Adams, Co-Founder and CEO of Integrity. "His knowledge surrounding health insurance and the industry in general is vast — and his energy and enthusiasm for innovation is contagious. Ryan has become one of the industry's most respected and trusted health distribution leaders. Bringing his experience and expertise to Integrity's leadership team will greatly benefit all our health partners and accelerate our efforts to improve the insurance experience for everyone."
As President of Integrity's Health Division, Ryan Kimble will be responsible for leading Integrity's health insurance initiatives, ensuring that revenue and production goals are met. Additionally, he will play a key role in managing relationships between Integrity's distribution and carrier partners. Kimble will utilize his deep expertise to design and implement strategies that advance Integrity's mission to help all Americans prepare for the good days ahead.
"Americans need easier access to the right health coverage solutions at the right time," said Ryan Kimble, President, Integrity Health. "Integrity is ideally positioned to provide those solutions in ways that work best for today's consumers, with maximum efficiency. As the health insurance landscape becomes more complex, the expert guidance agents provide becomes more valuable — and connecting agents with consumers grows even more important. Many of the most respected names in health insurance are already part of Integrity and committed to reshaping the industry. I'm honored to work shoulder to shoulder with them to make the process of getting health coverage simpler, more beneficial and ultimately more human."
Shortly after beginning his career at Agent Pipeline, Ryan Kimble introduced Medicare products to the company's portfolio. That led to rapid national expansion as the agency helped pioneer Medicare marketing and distribution. Today, Kimble is recognized as an expert on Medicare Advantage, Medicare Supplement, individual ACA and group health, telesales, ancillary plans and life insurance products. As a thought leader, Kimble has worked to innovate and transform all areas of their business and has developed best practices that have spread throughout the industry.
"Ryan Kimble has earned a reputation as one of the industry's top thinkers, but he is also a highly driven and accomplished leader," added Tom Dempsey, Integrity's Chief Distribution Officer. "He never stops planning for what's coming next and is always implementing strategies that are consistently ahead of the curve. Ryan's discipline, work ethic and visionary approach will help push Integrity's ambitious health initiatives forward. We're very grateful he's part of the Integrity family and thrilled he has accepted this crucial new role on our executive team."
For more information about Integrity, visit www.integritymarketing.com.
Integrity, headquartered in Dallas, Texas, is a leading distributor of life and health insurance, and provider of innovative solutions for wealth management and retirement planning. Through its partner network, Integrity helps millions of Americans protect their life, health and wealth with a commitment to meet them wherever they are — in person, over the phone and online. Integrity's cutting-edge technology helps streamline the insurance and financial planning experience for all stakeholders. In addition, Integrity develops products with carrier partners and markets them through its distribution network of agencies, brokerages and RIAs throughout the nation. Integrity's nearly 6,000 employees work with more than 450,000 agents and advisors who serve over 10 million clients annually. In 2022, Integrity will help carriers place more than $12 billion in new sales and oversee more than $20 billion of assets under management and advisement through its RIA and broker-dealer platforms. For more information, visit www.integritymarketing.com.
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SOURCE Integrity Marketing Group, LLC | https://www.wibw.com/prnewswire/2022/07/07/integrity-names-experienced-industry-thought-leader-ryan-kimble-president-integrity-health/ | 2022-07-07T15:40:12Z |
KOR's innovative Reporting-as-a-Service platform gains momentum ahead of the fast-approaching CFTC swaps data reporting critical compliance deadline.
ATLANTA, June 9, 2022 /PRNewswire/ -- KOR, the innovative provider of regulatory solutions for the derivatives market, has closed its Series A investment round led by Mosaik Partners, a San Francisco-based venture capital firm focused on financial technology. Funds will be used to accelerate the deployment of KOR's CFTC-registered, cloud-native Swap Data Repository ("SDR") to U.S. markets while enabling global expansion efforts to begin.
KOR's 100% AWS cloud-based trade repository platform enables participants to benefit from innovations in sub-second actionable analytics on submitted data, on-demand reports of full history, and systemic pattern insights to improve compliance processes and drive operational efficiencies. The market entry timing occurs as the industry seeks outsourcing solutions for common industry challenges and requirements, as well as meeting new challenges such as data accuracy and completeness verification.
KOR was licensed by the CFTC on March 31, 2022, for its Swap Data Repository in all asset classes and for all client segments. This was the first such approval granted by the CFTC since 2014, the first 100% cloud-based SDR, and arrived eight months ahead of a December 2022 critical compliance deadline in the U.S.
In conjunction with the financing, KOR is pleased to announce two key additions to the leadership team, Tom Wieczorek, as KOR's new Chief Product Officer and John Buchenal as KOR's new Director of Partnerships and Industry Relations. Wieczorek is a former Managing Director of products for the Regulatory Reporting and Post-Trade Operations Platform at the London Stock Exchange Group. Buchenal brings 25 years of experience in finance and fintech, with prior roles at Adenza, Omgeo, Traiana, and Tradeweb.
Howard Mergelkamp, Co-Founder and Managing Partner at Mosaik Partners, will join KOR's Advisory Committee in connection with the financing round. "We are excited to partner with KOR because the leadership team's experience and expertise in this space are unparalleled. KOR is modernizing trade reporting through a SaaS cloud-based delivery business model, providing value-added analytics that will improve clients' data and significantly reduce lengthy, inefficient and costly manual processes that are the current industry standard," Mergelkamp said.
KOR is currently on track to meet its summer production target. With this round of funding KOR's Founder and CEO, Jonathan Thursby, envisions accelerated growth for KOR. "We're on target to move our Reporting-as-a-Service (all-in-one) platform from the external testing phase into production this summer, supporting CFTC swaps data reporting."
U.S.-based KOR Financial is a fintech company that develops future-minded technology innovations tailored specifically for derivatives markets. KOR is CFTC-licensed and the first independent Swap Data Repository ("SDR"), delivering solutions that enable market participants to meet reporting mandates for OTC derivative trades and lifecycle events. KOR provides a Reporting-as-a-Service (RaaS) offering to complement its SDR, which together replace many common reporting functions and solve numerous systemic reporting challenges. The KOR team comprises former trade repository heads, SMEs and technology pioneers, creating the first intelligent transactional derivatives platform.
Founded by industry operating executives in 2011, Mosaik Partners invests in early-stage B2B fintech companies attacking pain points in commerce and financial services. Mosaik actively leverages its operating experience to provide promising entrepreneurs with the resources and know-how they need to achieve success. The firm has made investments in the payments, software, capital markets technology, regulatory technology and AI / big data sectors. Based in San Francisco, the team has a collective 80+ years of operating and investing experience in the financial technology sector. More information can be found at www.mosaikpartners.com.
For more information, visit the KOR website and follow KOR on LinkedIn and Twitter
Media Contact:
Meggie Machado
mmachado@korfinancial.com
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SOURCE KOR Financial | https://www.wibw.com/prnewswire/2022/06/09/kor-financial-completes-series-financing-snaps-up-lseg-adenza-execs-key-business-roles/ | 2022-06-09T15:15:48Z |
NORFOLK, Va., July 21, 2022 /PRNewswire/ -- Dominion DMS announces Mike Bozeman as its new Chief Technology Officer with over 25 years of IT experience in software companies.
Mike worked for Dominion Enterprises for more than a decade in another division and was most recently Vice President at CoStar Group. An Army veteran, Mike was a paratrooper in the 82nd Airborne Division.
"Mike's vast knowledge and experience are a welcome addition to the Dominion DMS team. Mike's leadership will be critical as Dominion DMS continues to quickly grow its VUE DMS market share of franchised automotive dealerships in the United States," said Sharon Kitzman, Dominion DMS President.
Mike has three daughters and lives in Virginia Beach with his wife of 22 years, Jenn. He loves to golf when he's not improving business technology.
This announcement is another reason for dealers to reconsider their current DMS relationship and consider what VUE DMS can offer.
To learn more about VUE and future integrations, visit VUEDMS.com.
VUE DMS, a new cloud-native dealer management system solution, gives US-based retail automotive dealers the digital security, flexibility, and efficiency to meet today's rapidly changing market. Built on Microsoft Azure Cloud and decades of experience serving dealerships, VUE DMS enables dealers to deliver a superior buying experience, reduce costs and protect their business. Learn more at VUEDMS.com.
Dominion Dealer Solutions prides itself on providing the automotive industry's most innovative technology. Products include the new cloud-native dealer management system solution offering modern digital security, flexibility, and efficiency (VUE DMS), inventory management and merchandising (Dealer Specialties) and vehicle data solutions (DataOne), vehicle registration reporting (Cross-Sell), and AI-powered Customer intel platform for sales and service, (Activator Dealer Solutions). Every OEM and more than 6,000 dealer partners depend on Dominion's foundation of innovation, integrity, excellence, and teamwork to deliver outstanding results. For more information, visit our website, like us on Facebook, LinkedIn, and YouTube, and follow us on Twitter.
MEDIA RELATIONS:
Scott Smith
Product & Content Marketing Manager
Dominion DMS
Scott.Smith2@Dominiondms.com
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SOURCE VUE DMS | https://www.kxii.com/prnewswire/2022/07/21/dominion-dms-announces-new-chief-technology-officer/ | 2022-07-21T18:57:36Z |
‘I committed murder’: Suspect admits to shooting officer, documents say
WARNING: The story contains graphic content.
KANSAS CITY, Mo. (KCTV) - Joshua Rocha was charged with first-degree murder and armed criminal action in the fatal shooting of a police officer.
In a probable cause document, Rocha described to officers the events that led up to and following the killing of North Kansas City Police Department Ofc. Daniel Vasquez.
He told investigators that he was on his way to a gun shop to buy ammunition for his .300 Blackout rifle. While on his way, Vasquez pulled over Rocha at the intersection of 21st and Clay streets while the suspect was in a 2006 Ford Taurus, the document stated.
Law enforcement said Tuesday the traffic stop was due to an expired temporary tag from 2018. Rocha told police he did not want to go to jail or have his vehicle towed, so when Vasquez approached the driver-side door of the Taurus and looked through the window, Rocha shot him with the rifle he had in his car, the probable cause document stated.
The shooter told officers that Vasquez fell backward. Rocha said he stepped out of the car and shot the officer again while Vasquez was laying on the ground. He told police that at some point, his rifle jammed, so he had to clear it, the document stated. Upon doing so, he shot the North Kansas City officer again.
Rocha then drove off and tried to change his appearance, to the point of shaving his goatee and changing clothes. He spray-painted the rear of his car and removed the temporary license tag, the document stated.
The shooting suspect walked inside the Clay County Annex in the 1900 block of NE 48th Street and told an employee he needed to turn himself in. According to the probable cause document, Rocha said:
“I committed murder.”
Law enforcement arrived and arrested him without incident, police reported. While being interviewed, Rocha admitted to officers he had shot a police officer during the traffic stop and drove off. He also said he knew the person he shot was a police officer, court documents stated.
The Clay County Prosecutor’s Office announced Rocha’s bond has been set at $2 million. An arrangement hearing has been scheduled for Thursday at 1:30 p.m.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/07/20/i-committed-murder-suspect-admits-shooting-officer-documents-say/ | 2022-07-20T20:05:38Z |
NEW YORK, May 19, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for INDP, CAN, TNXP, XOS, and MRSN.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- INDP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=INDP&prnumber=051920221
- CAN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CAN&prnumber=051920221
- TNXP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TNXP&prnumber=051920221
- XOS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XOS&prnumber=051920221
- MRSN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=MRSN&prnumber=051920221
(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/2022/05/19/thinking-about-buying-stock-indaptus-therapeutics-canaan-tonix-pharmaceuticals-xos-or-mersana-therapeutics/ | 2022-05-19T13:04:45Z |
NEW YORK, June 10, 2022 /PRNewswire/ -- The Board of Trustees of MainStay MacKay DefinedTerm Municipal Opportunities Fund (NYSE: MMD) has approved an amendment to the Fund's declaration of trust (the "Amendment") that will allow the Fund to conduct a tender offer to purchase all common shares of the Fund at a price equal to the Fund's net asset value ("NAV") per common share calculated in accordance with the Fund's valuation procedures, with the expiration date of the tender offer being as of a date within twelve months preceding December 31, 2024 (an "Eligible Tender Offer"). Currently, the Fund's scheduled termination date (the "Termination Date") is December 31, 2024. Subject to the terms outlined below, if the Tender Offer occurs and significant assets remain in the Fund following the Tender Offer, the Fund may determine to further amend the Declaration of Trust to continue as a perpetual closed-end fund.
If an Eligible Tender Offer is conducted and the number of tendered shares would result in the Fund's net assets totaling less than $200 million (the "Termination Threshold"), the Eligible Tender Offer would be canceled, and no common shares would be repurchased pursuant to the Eligible Tender Offer. Instead, the Fund would proceed to liquidate on or before the Termination Date.
If the number of properly tendered shares would result in the Fund's net assets totaling greater than the Termination Threshold, all common shares tendered and not withdrawn would be purchased by the Fund.
Following the completion of the Eligible Tender Offer, the Board may further amend the Declaration of Trust to eliminate the limited term structure of the Fund, and the Fund may continue as a perpetual closed-end fund, upon the affirmative vote of a majority of the Board and without the approval of common shareholders.
If the Fund conducts an Eligible Tender Offer, more information will be included with the tender offer materials at that time.
For more insights from MacKay Municipal Managers™ and our New York Life Investments affiliates click here.
With over $650 billion in Assets Under Management* as of December 31, 2021, New York Life Investments is comprised of the affiliated global asset management businesses of its parent company, New York Life Insurance Company, and offers clients access to specialized, independent investment teams through its family of affiliated boutiques. New York Life Investments remains committed to clients through a combination of the diverse perspectives of its boutiques and a long-lasting focus on sustainable relationships.
*AUM includes assets of Investment Advisors affiliated with New York Life Insurance Company as of December 31, 2021. AUM beginning in 2012 excludes Assets under Administration. AUM for Candriam and Ausbil is reported at the spot rate.
"New York Life Investments" is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company.
MacKay Shields LLC (together with its subsidiaries, "MacKay")*, a New York Life Investments Company, is a global asset management firm with $164 billion in assets under management as of December 31, 2021. MacKay manages fixed income and equity strategies for high-net worth individuals and institutional clients, through separately managed accounts and collective investment vehicles including private funds, UCITS, ETFs, closed end funds and mutual funds.
MacKay maintains offices in New York City, Princeton, Los Angeles, London and Dublin. For more information, please visit www.mackayshields.com or follow us on Twitter or LinkedIn.
*MacKay Shields is a wholly owned subsidiary of New York Life Investment Management Holdings LLC, which is wholly owned by New York Life Insurance Company.
Media Contact:
Allison Scott | New York Life | (212) 576-4517 | Allison_Scott@nylim.com
Investors Contact:
855-456-9683
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SOURCE New York Life Investments | https://www.mysuncoast.com/prnewswire/2022/06/10/mainstay-mackay-definedterm-municipal-opportunities-fund-announces-amendment-declaration-trust/ | 2022-06-10T13:05:21Z |
- Executive Chairman of the Board, Jeremy Frommer will assume the CEO seat.
- Creatd's board significantly amplifies its capabilities with the addition of Justin Maury, Creatd's COO and Co-founder.
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), a creator-first holding company, and the parent company of Vocal, is pleased to announce a new appointment to its board of directors, Justin Maury, Creatd COO and co-founder, as well as the appointment of current Executive Chairman, Jeremy Frommer to the position of Chairman and CEO.
Justin Maury is Creatd's Chief Operating Officer and co-founder. Maury is a full-stack designer and product developer by training who first partnered with Creatd's Executive Chairman of the Board, Jeremy Frommer, in 2013 after building a decade of experience at numerous global creative agencies. Maury is credited with leading the early vision, design, and architecture of Vocal, the Company's flagship platform, which he brought to launch in 2016. Beyond Vocal, Maury oversees Creatd's broader technology roadmap and is instrumental in the creation and scale of Creatd's subsequent business segments, which encompass technology, agency partnership, e-commerce, and production activities.
Commented Creatd Executive Chairman Jeremy Frommer, "This addition to our board marks a significant boost to our company's collective strength on both a professional and personal level. As head of product, COO, and now, a member of Creatd's board, Justin has remained instrumental in leading the platform and the entire company. Our board will greatly benefit from his unique product perspective, and his direct input will be invaluable as we refine our technology roadmap and progress our Web 3.0 strategy."
Creatd, Inc. (Nasdaq CM: CRTD) is a company dedicated to unlocking creativity for creators, brands, and consumers. We accomplish this through Creatd's four business pillars: Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios.
Creatd: https://creatd.com;
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;
Investor Relations Contact: ir@creatd.com
Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.
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SOURCE Creatd, Inc. | https://www.wibw.com/prnewswire/2022/09/06/executive-chairman-jeremy-frommer-assume-chairman-ceo-position-additionally-creatd-inc-welcomes-founder-coo-justin-maury-board-directors/ | 2022-09-06T13:00:56Z |
High Prices Boost 2Q 2022 Wireless LAN Revenue, Manufacturers' Backlogs Remain Enormous
REDWOOD CITY, Calif., Sept. 7, 2022 /PRNewswire/ -- According to a recently published report from Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center industries, the Wireless LAN market jumped to a new high in the second quarter, eclipsing $2 Billion, with HPE Aruba and Juniper Mist overcoming supply constraints to contribute over two thirds of the shipment growth outside China. Enterprises saw a 10 percent increase in average prices compared to last year, boosting manufacturers' revenues and helping to defray additional costs.
"HPE and Juniper really pulled rabbits out of their hats this quarter ̶ Aruba and Mist represent the majority of the growth in units shipped outside China," says Siân Morgan, Wireless LAN Research Director at Dell'Oro Group. "It's like a game of whack-a-mole for the manufacturers. They'll get their hands on one particular access point component and then another shortage will pop up. We're expecting shipments to be lumpy through the next few quarters. Cisco has promised shipments 'en masse' for enterprises, and all of the manufacturers are busy finding creative solutions: redesigning products, using brokerage firms, or bypassing component distributors.
"Wireless LAN solutions have also become more expensive for enterprises. It's very rare to see such a long stretch of quarters with year-over-year price increases. It's a combination of higher-end products being available, including the new Wi-Fi 6E technology, as well as a general move by the manufacturers to cover their escalating costs. Looking ahead we have to ask ourselves how long the market will bear these higher prices," added Morgan.
Additional highlights from the 2Q 2022 Wireless LAN Quarterly Report:
- The Wireless LAN market saw two distinct phenomena driving the growth: one in China, and another one in the markets outside China.
- In light of the China lockdowns, the Wireless LAN market in China showed surprising strength with both Huawei and H3C pulling in strong quarters.
- Wi-Fi 6E shipments accelerated this quarter, as another half dozen vendors started shipping products supporting the new 6 GHz band. However, now in its fourth quarter of product availability, Wi-Fi 6E is lagging the adoption rate of the prior two generations of Wi-Fi.
- Revenue from public cloud-managed APs has outpaced the market. The cloud-managed AP business is still dominated by Cisco – although this quarter, Juniper grabbed an outsized market share in cloud-managed Wireless LAN.
The Dell'Oro Group Wireless LAN Quarterly Report offers complete, in-depth coverage of the Enterprise Outdoor and Indoor markets, Wireless LAN Controllers with tables containing manufacturers' revenue, average selling prices, and unit shipments by the following wireless standards: 802.11ax (Wi-Fi 6 and 6E [6 GHz]), 802.11ac (Wi-Fi 5) Wave 1 vs. Wave 2, and historic IEEE 802.11 standards. The Enterprise market is portrayed by Public Cloud vs. Premises and Private Cloud deployments, as well as by ten Vertical markets and by Customer Size. To purchase these reports, please contact us by email at dgsales@delloro.com.
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, enterprise networks, data center infrastructure, and network security markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
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SOURCE Dell'Oro Group | https://www.mysuncoast.com/prnewswire/2022/09/07/hpe-aruba-juniper-mist-navigate-component-shortages-gain-share-according-delloro-group/ | 2022-09-07T10:15:29Z |
Let charm, charisma and careful planning open doors to better days ahead. Let everything you experience shape what’s to come and nurture profits, happiness and a robust future. Put your energy where it counts — with less time spent on anger and more on love. Change what’s necessary and protect what’s working for you. Chase your dreams.
LEO (July 23-Aug. 22) — Set high standards and develop what you do best. Take control, and don’t be afraid to show off what you can do. Put your energy into what matters to you most. Surround yourself with positive people.
VIRGO (Aug. 23-Sept. 22) — Put your ideas in motion. Getting things done will make a difference and help you come out on top. Think big and be reasonable, and you’ll turn something you love to do into a profit.
LIBRA (Sept. 23-Oct. 23) — Keep life simple, stick to the truth and live within your means. Put emotional differences aside at home and work, and you’ll avoid a scene that can leave you in an awkward position.
SCORPIO (Oct. 24-Nov. 22) — Pay attention to the cost of living. Curb habits and put an end to waste. Look for alternative ways to use your skills more efficiently. Stay focused on what you can do, not on the impossible.
SAGITTARIUS (Nov. 23-Dec. 21) — Participation will lead to a learning experience that encourages you to do things your way. Concentrate on looking and doing your best. Be wary of anyone trying to take advantage of you.
CAPRICORN (Dec. 22-Jan. 19) — Slow down, think matters through and stick to a budget and the truth. Take an innovative approach when dealing with people trying to take advantage of you. Have a practical plan in place.
AQUARIUS (Jan. 20-Feb. 19) — Don’t let someone’s uncertainty get you down. Put your energy where it brings the highest return. Step forward with strength, courage and discipline to finish what you start.
PISCES (Feb. 20-March 20) — Set a standard and stick to it, regardless of what others do or suggest. Too much of anything will leave you in a precarious position. Think outside the box, and you’ll get things done.
ARIES (March 21-April 19) — Gravitating toward someone or something that intrigues you will spark hope, ideas and a new-and-improved you. Stop laboring over what isn’t working for you. Take control.
TAURUS (April 20-May 20) — A change won’t turn out as planned if uncertainty is prevalent. Rethink your plans and adjust as needed. Think matters through and get the clearance you need from those influenced by your decisions.
GEMINI (May 21-June 20) — Tame situations instead of letting them grow out of control. Be the calm force that brings reason and practicality into the lives of those you love. Get back to basics. Romance is encouraged.
CANCER (June 21-July 22) — Simplify life, curb bad habits and set new goals. Put your energy into self-improvement, better health and an affordable lifestyle. Address emotional issues and ease stress.
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accounts, the history behind an article. | https://www.albanyherald.com/horo/article_6faf2628-2191-11ed-a0bd-9bf76fb477ea.html | 2022-08-21T22:25:15Z |
New facility will meet growing demand for quality healthcare services in Sydney, Australia
DALLAS, July 21, 2022 /PRNewswire/ -- Jacobs (NYSE:J) was named by New South Wales (NSW) Health Infrastructure as lead architect and principal design consultant for stage three of the St George Hospital and Community Health Services campus redevelopment. This work will deliver a new Integrated Ambulatory Care Precinct, providing improved capacity and capability to treat a growing and aging multicultural population managing chronic and complex diseases.
The NSW government is investing $282 million (AU $411 million) to build the new precinct and improve parking facilities on site. On track to be completed in 2025, the precinct improves clinical integration and care coordination by bringing together a range of ambulatory, outpatient and community services that are dispersed throughout the health campus.
"The COVID-19 pandemic is driving rapid adaptation and change in healthcare design," said Jacobs People & Places Solutions Senior Vice President and General Manager Asia Pacific & Middle East Keith Lawson. "This is a great opportunity for Jacobs to help NSW reimagine the health services of tomorrow by incorporating innovative digital and virtual technologies into their design."
Jacobs has worked with NSW Health Infrastructure to deliver award-winning healthcare facilities for more than 15 years and is currently helping deliver more than $2.45 billion (AU $3.5 billion) in projects across a variety of roles, including the Royal Prince Alfred (RPA) Hospital stage one redevelopment project. Earlier as lead architect for stage two of the St George Hospital Redevelopment project, Jacobs delivered a new acute services building with enhanced critical care services, including a new birthing unit and two refurbished theaters.
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the timing of the award of projects and funding under the Infrastructure Investment and Jobs Act as well as general economic conditions, including inflation, changes in interest rates, foreign currency exchange rates, and changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs | https://www.mysuncoast.com/prnewswire/2022/07/21/jacobs-deliver-major-redevelopment-hospital-health-precinct/ | 2022-07-21T12:44:27Z |
Newly Created Role to Develop and Integrate Proprietary R&D Efforts Throughout Investment and Operational Functions
DALLAS, Aug. 31, 2022 /PRNewswire/ -- Tailwater Capital LLC ("Tailwater"), a private equity firm that takes a full immersion approach to investing in energy and growth infrastructure solutions, today announced that Dana Sweet has been appointed Head of Strategic Research and Development ("R&D").
In this newly created role, Ms. Sweet will lead the firm's development and implementation of strategic macro perspectives, as well as the delivery of Tailwater's growing volume of proprietary research and insights across the energy solutions space. Additionally, she will work closely with Tailwater's deal, investor relations and communications teams across the firm to integrate R&D and data analytics throughout our investment process to enhance everything from opportunity origination and assessment to execution.
"In her role at Tailwater Innovation Partners, Dana has had an instant impact on how our teams think about and incorporate innovative technology and we are thrilled to announce her expanded role focused on amplifying Tailwater's influential research and development efforts," said Jason Downie and Edward Herring, Co-Founders and Managing Partners of Tailwater Capital. "As we continue to grow and scale our platform and the impact we have across the Tailwater ecosystem, allocating the resources and institutionalizing our research and macro perspectives will allow us to enhance our investment process and outcomes. We look forward to working closely with Dana in this new role to continue positioning Tailwater at the forefront of today's dynamic energy transition landscape."
Ms. Sweet will also continue to serve in her role as Director of Energy Innovation for Tailwater Innovation Partners, Tailwater's full-service environmental, social and governance ("ESG"), research and engineering solutions provider for its portfolio companies. Since joining Tailwater Innovation Partners in 2021, she has worked across the portfolio to identify and execute on opportunities to incorporate new technologies and sustainable business practices to enhance long-term value and business performance.
"Tailwater's full immersion investment approach and track record of success has always been driven by an open minded, entrepreneurial culture and a commitment to innovation that has allowed the firm to anticipate thematic shifts and be a first-mover," said Ms. Sweet. "I believe this investment in strategic R&D and digitization will further differentiate Tailwater's unique approach to creating value across the energy landscape by providing actionable intel for the firm and its portfolio companies alike. I look forward to working with the Tailwater team and our portfolio companies to continue to expand our intellectual capital and integrate it seamlessly throughout our operations to drive value for all of our stakeholders."
Prior to joining Tailwater in 2021, Ms. Sweet spent more than 18 years in a variety of innovation-focused roles within the oil, gas and renewables sectors. Previously, she served as Portfolio Development Manager, Renewables and Energy Solutions at Shell, where she was responsible for pursuing and commercializing emerging energy technologies and opportunities.
About Tailwater Capital, LLC
Dallas-based Tailwater Capital is a growth-oriented energy and growth infrastructure private equity firm with a well-established track record of working constructively with proven management teams to deliver value-added solutions. Tailwater has raised more than $3.8 billion in committed capital since inception and the team has executed more than 100 transactions representing over $22 billion in value. For more information, please visit www.tailwatercapital.com
Contact
Jill McMillan
Managing Director, Communications & Public Affairs
Phone: 214-489-7047
Email: jmcmillan@tailwatercapital.com
John Schaufele
Managing Director, Investor Relations & Fundraising
Phone: 214-489-7043
Email: jschaufele@tailwatercapital.com
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SOURCE Tailwater Capital LLC | https://www.kxii.com/prnewswire/2022/08/31/tailwater-capital-appoints-dana-sweet-head-strategic-research-development/ | 2022-08-31T21:26:13Z |
Deal count and fundraising by VC funds remained strong in Q2 while deal values across all stages and VC-backed public listings were hit harder by the economic downturn
SEATTLE, July 14, 2022 /PRNewswire/ -- Despite an uncertain macroeconomic environment, US venture capital (VC) deal activity in the first half of 2022 was strong, according to the Q2 2022 PitchBook-NVCA Venture Monitor, the authoritative quarterly report jointly produced by PitchBook and the National Venture Capital Association (NVCA) with support from Insperity and J.P. Morgan.
While deal count remained strong, when compared with the highs of 2021, deal value declined significantly across all stages. The mega-deals that defined 2021 slowed in the first half of 2022 as investors took a more cautious approach. With more than $290 billion in dry powder, and nearly 3,000 funds closed since the beginning of 2019, the VC industry is likely to see the trends of steady deal count but readjusted pricing continue until certainty returns to the market.
VC-backed exit activity in Q2 2022 largely mirrored Q1. Corporate M&A exit count activity remained steady, but the biggest change was the precipitous decline in traditional IPOs. SPAC mergers also declined in Q2, bringing the total number of public listings in the first half of 2022 to 42. This decline is most concerning for the potential for billion-dollar exits, as IPOs have traditionally been the main source of liquidity for private companies operating at that scale. This decline is also concerning because VC-backed IPOs have historically had an outsized positive impact on the U.S. public markets.
"The second quarter of 2022 brought an expected continuation of market tightening in some parts of the U.S. venture ecosystem," said NVCA President and CEO Bobby Franklin. "However, the industry's record dry powder continues to fuel critical innovation that is addressing the country's important needs. The venture industry's long-term view of investing, even during uncertain fiscal times, is further proof it is a reliable economic engine with an eye toward funding the next generation of great American companies."
"As the market continues to react to volatility over the past six months, the venture ecosystem demonstrates strength as dry powder reaches new heights and fundraising levels surpass more than $100 billion for the second consecutive year," said John Gabbert, founder and CEO of PitchBook. "Exits remain extremely low while late-stage companies act with caution as a result of bearish public market activity. There are still uncertainties as to what to expect in the second half of the year, however, market indicators show resilience to weathering the potential economic downturn."
HIGHLIGHTS:
Investment Activity
- Seed-stage investments are generally furthest from the public market and have been relatively insulated more than the rest of the industry from economic volatility. The Q2 estimated total seed deal count is near the highest figure in the dataset.
- Q2 early-stage VC saw additional pressure affecting deal activity with roughly $16 billion invested across an estimated 1,340 deals. The quarter's total deal value dropped well below the record quarterly highs set in 2021, but is still ahead of pre-pandemic levels.
- A substantial decline in late-stage deal count has yet to surface in the data, but average deal size and valuation have fallen significantly from recent highs.
Fundraising Activity
- US VC fundraising has exceeded $100 billion for the second consecutive year. A strong showing from established managers in the first half of the year has pushed capital raised to a near record.
- Through six months, we tracked $121.5 billion closed across 415 funds, making 2022 already the second-highest year on record for US VC fundraising and the second consecutive year this total has exceeded $100 billion.
- First-time fundraising has had a more difficult start to the year, raising just $7.6 billion after a record $16.8 billion was raised by new managers in 2021.
Exit Activity
- Q2 2022 saw very similar exit activity to Q1 as counts tracked to the historical pace of 1,100 annual exits that we saw from 2014-2020, with exit value lagging the last three years.
- IPOs continued to be essentially nonexistent for VC-backed companies in 2022, with only 22 closed during the first half of the year, relative to 183 in 2021, and 108 in 2020.
- Corporate M&A exit count remained steady with more than 200 closed in Q2. With public listings halted, private companies may be looking to strategic acquirers as a more viable liquidity option, albeit with exit value expectations readjusted to align with overall repricing happening across the ecosystem.
Click HERE to download the full report.
Venture Monitor Q2 Webinar – August 18, 2022 from 10 – 11 am PDT
PitchBook and NVCA are hosting the webinar in partnership with Insperity and J.P. Morgan.
Click HERE to register.
About PitchBook
PitchBook is a financial data and software company that provides transparency into the capital markets to help professionals discover and execute opportunities with confidence and efficiency. PitchBook collects and analyzes detailed data on the entire venture capital, private equity and M&A landscape—including public and private companies, investors, funds, investments, exits and people. The company's data and analysis are available through the PitchBook Platform, industry news, and in-depth reports. Founded in 2007, PitchBook has offices in Seattle, San Francisco, New York, London, and Hong Kong and serves more than 70,000 professionals around the world. In 2016, Morningstar acquired PitchBook, which now operates as a subsidiary.
About National Venture Capital Association
The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the US venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit www.nvca.org.
Quote Sheet
Sarah Grimstead, Sales Regional Vice President, Insperity
"Human capital management should be top priority as we continue to find solutions in a world of uncertainty. With deal count still strong in Q2 2022, new and existing startups will be looking to maximize their most important asset, their people. With over $200 billion in dry powder, record fundraising the last two years, and lower exit activity, startups need to continue hiring and retaining the right people for their company. Having a strong company culture can increase employee engagement, reduce turnover, and faster growth compared to the rest of the economy."
Pamela Aldsworth, Head of Venture Capital Coverage, J.P. Morgan Commerical Banking
"Over the last quarter, the pace of fundraising has slowed sharply and valuations (mostly in the later stages) are beginning to correct. We expect valuations will come down across all investment stages as this cycle plays out - and in our view, this is a healthy resetting of the bar. But if the next few months are as quiet as we anticipate, founders will need to make some tough choices to preserve runway. Meanwhile, with IPO markets currently challenged, a consolidation wave could be just around the corner.
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SOURCE National Venture Capital Association | https://www.mysuncoast.com/prnewswire/2022/07/14/mixed-bag-us-startup-ecosystem-market-outlook-remains-uncertain/ | 2022-07-14T16:51:56Z |
PARK RIDGE, Ill., April 1, 2022 /PRNewswire/ -- The American Association of Nurse Anesthesiology (AANA) Board of Directors has appointed William "Bill" Bruce, MBA, CAE, to serve as AANA's Chief Executive Officer, effective June 27, 2022.
"Our board of directors is thrilled to introduce a leader of Bill's caliber into our professional community," said Dr. Dina Velocci, DNP, CRNA, APRN, president of the AANA. "Bill has the qualifications and expertise to further the AANA into a greater, more successful association, and promote excellence in nurse anesthesiology by uniting, supporting and connecting our nation's nearly 60,000 Certified Registered Nurse Anesthetists and students."
Bruce has nearly 20 years of association executive experience. Since 2017, he served as CEO of the American College of Occupational and Environmental Medicine, where he led the organization through a period of prolific change. He expanded the visibility of the profession and organization by increasing its products and services, engaging in public awareness campaigns, and building relationships with new and existing stakeholders. He led a strategic reimagining of the entire organization's governance structure and related procedures to introduce greater stability, strategic focus, transparency and inclusion to its leadership, and he ensured a steady voice for the organization across broader healthcare communities.
Bruce's executive experience also includes serving as Chief Technology Officer at the American Academy of Orthopaedic Surgeons and as Chief Information Officer at the American Psychiatric Association. Prior to these roles, Bruce worked in technology management in several private organizations. He earned a master's degree in business administration from the Robert H. Smith School of Business at the University of Maryland and is an ASAE Certified Association Executive.
"It is an honor to be joining such a vibrant and focused association on nurse anesthesiology," said Bruce. "I am looking forward to guiding AANA and its members into a strong and bright future."
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SOURCE American Association of Nurse Anesthesiology | https://www.mysuncoast.com/prnewswire/2022/04/01/aana-announces-bill-bruce-chief-executive-officer/ | 2022-04-01T18:13:59Z |
Insurtech leader, CCC, now leveraging comprehensive billing and monetization solution to automate billing processes and improve operational efficiency
DENVER, April 7, 2022 /PRNewswire/ - BillingPlatform, the revenue management solution for today's innovative business models, today announced that CCC Intelligent Solutions Inc. (CCC), a leading SaaS platform for the property and casualty insurance economy, has gone live on BillingPlatform to modernize the company's billing processes. CCC uses multiple BillingPlatform solutions – BillingCloud, CollectionsCloud, Revenue Recognition and the Customer Portal – to automate its billing processes, improve operational efficiency and offer customers flexible invoicing models, among many other benefits.
CCC was looking for a robust and scalable solution able to handle complex pricing models, accounts receivable management, customer payments, revenue accounting in accordance with ASC 606 and the ability to integrate with its existing technology stack. CCC also sought a solution to streamline client activation, support custom pricing models and manage client renewals and amendments.
"We selected BillingPlatform because it is an enterprise-grade solution that can seamlessly and efficiently support our diverse billing requirements," said Brian Herb, Chief Financial Officer at CCC. "BillingPlatform's functionality, including its ability to defer revenue with automated revenue recognition and scalability, supports operational efficiencies so we can focus on delivering new solutions across our customer base."
With global customers serving multiple industries, including communications, transportation, media and entertainment, retail, finance and software, BillingPlatform is the only revenue management solution on the market that enables enterprises to monetize any type of product offering, from simple subscriptions to sophisticated usage-based pricing models and everything in between. BillingPlatform provides full lifecycle support of the monetization process – from product setup, quoting, billing and invoicing, revenue recognition, through payment and collections – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximize profitability, reduce operational costs and improve the customer experience.
"We're honored to be able to support CCC by providing a platform that will help digitally transform their operations," said Dennis Wall, CEO at BillingPlatform. "Many of our large enterprise customers have similar challenges with their billing processes in terms of needing a single solution that can provide various capabilities and scale across multiple business units – an area where we excel – and we look forward to helping CCC continue to advance operations."
This news comes on the heels of BillingPlatform's recent product innovations, as well as the company's announcement of MGI Research positioning BillingPlatform as a market leader in automated revenue management based on an independent analysis of its product, management, strategy, finances and channels. Additionally, the company was awarded silver in the Best in Biz Awards Enterprise Product of the Year - Financial Software category, recognized as a fast-growing company on Deloitte's Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, financial technology and energy technology companies in North America and was ranked No. 1,547 on the 2021 Inc. 5000.
About BillingPlatform, Corp.
BillingPlatform's agile revenue management platform gives innovative enterprises the freedom to effectively monetize and deliver products and services that result in growth and competitive differentiation. Our industry-leading, cloud-based platform adapts to every unique business model and pricing structure. With global customers across multiple industries, including communications, transportation, manufacturing, banking, technology, energy, media and software, BillingPlatform processes billions of transactions and dollars every year, enabling enterprises to grow revenue, reduce costs and improve overall customer experience. To learn more, visit billingplatform.com.
About CCC Intelligent Solutions Inc.
CCC Intelligent Solutions Inc. (CCC), a subsidiary of CCC Intelligent Solutions Holdings Inc. (NYSE: CCCS), is a leading SaaS platform for the multi-trillion-dollar P&C insurance economy powering operations for insurers, repairers, automakers, part suppliers, lenders and more. CCC cloud technology connects more than 30,000 businesses digitizing mission-critical workflows, commerce and customer experiences. A trusted leader in AI, IoT, customer experience, network and workflow management, CCC delivers innovations that keep people's lives moving forward when it matters most. Learn more about CCC at www.cccis.com.
Press Contact:
Abigail Souza
BillingPlatform
billingplatform@threeringsinc.com
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SOURCE BillingPlatform | https://www.kxii.com/prnewswire/2022/04/07/ccc-intelligent-solutions-inc-goes-live-billingplatform-streamline-revenue-operations/ | 2022-04-07T13:22:11Z |
NEW YORK , June 17, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Innovative Industrial Properties, Inc. (NYSE: IIPR, IIPR-PA) between May 7, 2020 and April 13, 2022, inclusive (the "Class Period"), of the important June 24, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.
SO WHAT: If you purchased Innovative Industrial Properties securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Innovative Industrial Properties class action, go to https://rosenlegal.com/submit-form/?case_id=5301 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 24, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) that Innovative Industrial Properties' focus is to be a cannabis company lender rather than a real estate investment trust (REIT); (2) that the true values of Innovative Industrial Properties' properties are significantly lower than Innovative Industrial Properties represents; (3) existential issues in its top customers; (4) that as a result, its top customers may not be able to continue making payments to Innovative Industrial Properties and Innovative Industrial Properties would face significant issues replacing these customers; and (5) that as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Innovative Industrial Properties class action, go to https://rosenlegal.com/submit-form/?case_id=5301 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.mysuncoast.com/prnewswire/2022/06/17/iipr-final-deadline-alert-rosen-trusted-national-trial-counsel-encourages-innovative-industrial-properties-inc-investors-with-losses-secure-counsel-before-important-june-24-deadline-securities-class-action-filed-by-firm-iipr-iipr-pa/ | 2022-06-17T19:09:20Z |
WELLINGTON, New Zealand (AP) — China’s Foreign Minister Wang Yi and a 20-strong delegation arrived in the Solomon Islands Thursday at the start of an eight-nation tour that comes amid growing concerns about Beijing’s military and financial ambitions in the South Pacific region.
China says the trip builds on a long history of friendly relations between Beijing and the island nations.
But Australia scrambled to counter the move by sending its own Foreign Minister Penny Wong to Fiji to shore up support in the Pacific. Wong had been on the job just five days following an Australian election and had just arrived back Wednesday night from a meeting in Tokyo.
In Fiji, Wong said it was up to each island nation to decide what partnerships they formed and what agreements they signed, but urged them to consider the benefits of sticking with Australia.
“Australia will be a partner that doesn’t come with strings attached nor imposing unsustainable financial burdens,” Wong said. “We are a partner that won’t erode Pacific priorities or Pacific institutions.”
Meanwhile, the Media Association of Solomon Islands called on its members to boycott a news conference in the capital, Honiara, held by Wang and his counterpart from the Solomon Islands, Jeremiah Manele, following a meeting between the pair.
That’s because only selected media were invited to the event, and the schedule allowed for just a single question to be asked of Wang by China’s state-owned broadcaster CCTV.
“Its a tough call to make regarding the media boycott for the press event on Thursday,” wrote association president Georgina Kekea on Twitter. “Our protest is for our govt to see our disappointment. They have failed us & they failed to protect #democracy.”
According to an official Chinese summary of the meeting, Wang told his counterpart that China would firmly support the Solomon Islands in its efforts to maintain national security and territorial integrity, while Manele described the visit as historic and a “milestone in the relations” between the two countries.
China signed a security pact with the Solomon Islands last month in a move that sent shock waves around the world.
That pact has raised fears that China could send troops to the island nation or even establish a military base there, not far from Australia. The Solomon Islands and China say there are no plans for a base.
In another move by China, a draft document obtained by The Associated Press shows that Wang is hoping to strike a deal with 10 small Pacific nations during his visit. The sweeping agreement covers everything from security to fisheries and is seen by at least one Pacific leader as an attempt by Beijing to wrest control of the region.
Wang is hoping the countries will endorse the pre-written agreement as part of a joint communique after a May 30 meeting in Fiji with the other foreign ministers.
During his 10-day visit, Wang is also planning to make stops in Kiribati, Samoa, Fiji, Tonga, Vanuatu, Papua New Guinea and East Timor.
Earlier, Australia’s new Prime Minister Anthony Albanese said he’d sent Wong to Fiji because Australia needed to “step up” its efforts in the Pacific.
“We need to respond to this because this is China seeking to increase its influence in the region of the world where Australia has been the security partner of choice since the Second World War,” he told the Australian Broadcasting Corp.
But Chinese Foreign Ministry spokesperson Wang Wenbin said that in recent years, exchanges and cooperation between Beijing and the island nations had been expanding in a development that was welcomed by the Pacific countries. | https://cw33.com/news/international/ap-international/chinas-foreign-minister-starts-pacific-tour-in-the-solomons/ | 2022-05-27T01:49:08Z |
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LOS ANGELES, May 6, 2022 /PRNewswire/ -- Today, the BIG3 announced that Snoop Dogg – the legendary entertainer and member of Mt. Westmore – and Ken Howery – co-founder of PayPal and successful venture capitalist – have teamed up to purchase 25 Fire-Tier editions of Bivouac, receiving ownership-like value and utility in the team. This purchase follows the recent announcement that NFT communities DeGods, Gary Vaynerchuk and VeeFriends, Bill Lee and MyDoge/DogeCoin, and Krause House have each purchased all 25 Fire-Tiers of the Killer 3's, Trilogy, Aliens and Ball Hogs, respectively.
These NFT deals are part of the BIG3's new model of ownership announced last month which leverages blockchain technology to sell NFTs offering ownership-like benefits via two-tier options comprising 12,000 editions – 1,000 for each of the league's twelve teams that include 25 Fire priced at $25,000 each and 975 Gold priced at $5,000 each. The remaining editions drop this weekend at 11 a.m. ET on Saturday, May 7, for select Discord members and opens to the public at 11 a.m. ET on Sunday, May 8.
"The BIG3 is on the leading edge of enabling blockchain technology as utility," said PayPal co-founder Ken Howery. "The league's embrace of NFTs as ownership rights is both visionary and practical; key features of every smart investment."
BIG3 is the official creator of the new global sport, FIREBALL3, the league is returning for its fifth season on June 18 with coverage live across CBS and Paramount+. Known as a groundbreaking league that focuses on innovation, the BIG3's 2021 season saw notable new changes and experiences, including the addition of the "Bring the Fire'' rule allowing teams one challenge per half determined by an in-game one-on-one.
"We are absolutely thrilled to have Snoop, Ken, and their communities on board with the BIG3," said BIG3 co-founder, Ice Cube. "Having someone with Ken's knowledge and experience wanting to be a part of our league demonstrates that we are moving in the right direction. Snoop is an undisputed legend who has jumped headfirst into the Web3 space and clearly understands the importance and the value of what we are trying to create. Together, I know they will take Bivouac to new heights and we can't wait to get started."
To stay updated with the latest news on this NFT drop, join the Discord here. To learn more about the BIG3 and to sign up for more information about participating in the ownership sale, go to BIG3.com and follow @thebig3 on twitter and instagram.
ABOUT KEN HOWERY:
Ken co-founded and is a former Partner at Founders Fund, a San Francisco venture capital firm with over $10 B under management. He has more than 20 years experience starting and investing in technology companies. He was an early investor in SpaceX, AirBnB, Palantir Technologies, Facebook, Neuralink, Quantcast, Compass, Cedar, Citizen, and Stripe, as well as numerous blockchain and crypto companies and projects. Ken is also a co-founder of PayPal.
ABOUT BIG3:
BIG3 (BIG3.com) is who we are, FIREBALL3 is what we play. It's not your grandfather's 3-on-3. The premier global BIG3 league features many of the greatest, most popular and skilled professional athletes of all time. Founded by producer, actor and music legend Ice Cube and entertainment executive Jeff Kwatinetz, the BIG3 combines highly competitive, physical, fast game experiences and incredible fan experiences.
CONTACT:
Jeremy Watkins
jwatkins@hstrategies.com
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SOURCE BIG3 | https://www.kxii.com/prnewswire/2022/05/06/snoop-dogg-paypal-co-founder-ken-howery-purchase-all-25-fire-tier-nfts-bivouac-big3-team/ | 2022-05-06T23:26:08Z |
LOS ANGELES, Aug. 17, 2022 /PRNewswire/ -- Township Capital ("Township") in partnership with Epic Investment Services ("Epic") has completed the sale of Las Brisas. The 176-unit garden-style apartment complex sold for $40 million – nearly double the acquisition price in 2020, achieving a project level 55% IRR. Las Brisas marked the first acquisition in the Epic Multifamily Fund I launched in 2020. Throughout the hold period, a $1.29 million renovation was completed. The renovation included modern unit finishes, improved property amenity package including the addition of a clubhouse, fitness center, and business center.
Las Brisas is a 176-unit garden-style, gated apartment community located within the northeast township of Sunrise Manor in Las Vegas. Constructed in 1999 Las Brisas offers efficient 1, 2 and 3 bedroom floor plans with an amenity package that includes a swimming pool, playground, gated community and laundry facilities.
Township Capital, LLC is a leading co-GP real estate investment firm headquartered in Beverly Hills, CA. Founded by CEO Matthew Gorelik in 2014, the firm has experience investing across all major property types with a specialty in student housing, senior living, multifamily, and industrial. For more information on Township Capital, visit townshipinc.com
Epic Investment Services, which includes its wholly owned subsidiary MDC Realty Advisors in the United States, is a fully integrated North American real estate platform. Epic's Canadian head office is located in Toronto, Ontario and its U.S. head office is located in Denver, Colorado. Epic's portfolio comprises over 30 million square feet and $17.5 billion in assets under management in office, retail, industrial and multi-family residential properties.
Media Contact:
Estin Stewart
estewart@townshipinc.com
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SOURCE Township Capital | https://www.mysuncoast.com/prnewswire/2022/08/18/township-capital-sells-176-unit-las-brisas-las-vegas-nevada/ | 2022-08-18T17:11:14Z |
Achieves 55% Increase in Revenue for Six Months Ended June 30, 2022 Versus Same Period Last Year
Conference Call to be Held Today at 4:30 p.m. Eastern Time
PALO ALTO, Calif., Aug. 15, 2022 /PRNewswire/ -- Inpixon® (Nasdaq: INPX), the Indoor Intelligence® company, today provided a business update and reported financial results for its 2022 second quarter ended June 30, 2022.
"We continued to show growth during the second quarter despite macroeconomic challenges, illustrated by achieving $4.7 million in revenue for the three months and $10.0 million for the six months ended June 30, 2022, a 37% and 55% increase, respectively, when compared to the prior year periods," commented Nadir Ali, CEO of Inpixon. "Notably, our revenue growth is shifting to more organic growth, and while we are adding new enterprise organizations to our customer base every quarter, we are also deepening our relationship with our existing customers with add-ons and new integrations after our initial deployment.
"We have designed our solutions and technologies to help organizations create and redefine exceptional workplace experiences that enable smarter, safer and more secure environments, while attaining higher levels of productivity, improved worker and employee satisfaction rates, and a more connected workplace. Due to our marketing and sales activities coupled with third-party recognition and awards, we continue to see top-tier organizations implementing our technologies into their organizations. Additionally, our enterprise apps recently received ISO/IEC certification, confirming our information security policies and processes meet stringent industry best practices and standards. As a result, we believe this and our other certifications will allow us to move through customer engagements and sign new contracts more swiftly.
"Furthermore, we recently joined SAP's partner program where we are able to market our smart factory, smart warehouse, and digital supply chain solutions to SAP's 440,000 customers through the SAP store. We believe this partner program will result in increased demand for our solutions, as well as increased exposure around the world.
"Overall, while we are cognizant of the macroeconomic challenges that may continue to lie ahead, we are focused on increasing efficiencies operationally, while also working to ensure that we continue to meet our growth goals," concluded Mr. Ali.
Financial Results
Revenues for the three and six months ended June 30, 2022, were $4.7 million and $10.0 million, respectively, compared to $3.5 million and $6.4 million for the comparable periods in the prior year for an increase of approximately 37% and 55%, respectively. This increase is primarily attributable to the increase in Indoor Intelligence sales, including our smart office app and real time location-based technologies as well as the addition of the Industrial IoT product line in the fourth quarter of 2021. Gross profit for the three and six months ended June 30, 2022, was $3.3 million and $7.2 million, respectively, compared to $2.6 million and $4.6 million for the 2021 respective periods, representing an increase of 30% and 55%, respectively. The gross profit margin for the three and six months ended June 30, 2022, was 70% and 72%, compared to 74% and 72% for the three and six months ended June 30, 2021, respectively. This decrease in margin is primarily due to the sales mix during the periods.
Net loss attributable to stockholders of Inpixon for the three and six months ended June 30, 2022, was $19.9 million and $31.1 million, respectively, compared to income of $14.8 million and $2.2 million, respectively, for the comparable periods in the prior year. This increase in loss was primarily attributable to non-cash items in the three months ended June 30, 2021 period including the discounted net gain on the Sysorex note and the release of the valuation allowance on the Sysorex note, offset by increased operating expenses in the three and six months ended June 30, 2022.
Non-GAAP Adjusted EBITDA for the three and six months ended June 30, 2022, was a loss of $9.9 million and $18.7 million, respectively, compared to a loss of $6.3 million and $11.8 million for the prior year periods, respectively. Non-GAAP Adjusted EBITDA is defined as net income or loss before interest, provision for income taxes, depreciation and amortization plus adjustments for other income or expense items, non-recurring items and non-cash items including stock-based compensation.
Proforma non-GAAP net loss per basic and diluted common share for the three and six months ended June 30, 2022, was a loss of $0.07 per share and $0.13 per share, respectively, compared to a loss of $0.07 per share and $0.14 per share for the prior year periods. Non-GAAP net loss per share is defined as net loss per basic and diluted share adjusted for non-cash items including stock-based compensation, amortization of intangibles and one-time charges and other adjustments including loss on the exchange of debt for equity, provision for valuation allowance on notes, and acquisition costs.
Conference Call
Inpixon management will host a conference call today at 4:30 p.m. Eastern Time to discuss the company's financial results for the second quarter ended June 30, 2022, as well as to review the company's corporate progress and other developments.
The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 618409. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2235/46295 or on the company's Investor Relations section of the website, ir.inpixon.com.
Investors and other interested parties are invited to submit questions to management prior to the call's start via email to inpx@crescendo-ir.com.
A webcast replay will be available on the company's Investor Relations section of the website (ir.inpixon.com) through August 15, 2023. A telephone replay of the call will be available approximately one hour following the call, through August 22, 2022, and can be accessed by dialing 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code 46295.
About Inpixon
Inpixon® (Nasdaq: INPX) is the innovator of Indoor Intelligence®, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company's Indoor Intelligence and mobile app solutions are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. Inpixon customers can take advantage of industry leading location awareness, RTLS, workplace and hybrid event solutions, analytics, sensor fusion, IIoT and the IoT to create exceptional experiences and to do good with indoor data. For the latest insights, follow Inpixon on LinkedIn, Twitter, and visit inpixon.com.
Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of economic conditions, the impact of COVID-19, global conflicts, inflation and other global events on Inpixon's results of operations and global supply chain constraints, Inpixon's ability to integrate the products and business from recent acquisitions into its existing business, the performance of management and employees, the regulatory landscape as it relates to privacy regulations and their applicability to Inpixon's technology, Inpixon's ability to maintain compliance with Nasdaq's minimum bid price requirement and other continued listing requirements, the ability to obtain financing if needed, competition, general economic conditions and other factors that are detailed in Inpixon's periodic and current reports available for review at sec.gov. Furthermore, Inpixon operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.
Non-GAAP Financial Measures
Management believes that certain financial measures not in accordance with generally accepted accounting principles in the United States ("GAAP") are useful measures of operations. EBIDTA, Adjusted EBITDA and pro forma net loss per share are non-GAAP measures. Inpixon defines "EBITDA" as net income (loss) before interest, provision for (benefit from) income taxes, and depreciation and amortization. Management uses Adjusted EBITDA as a metric for which it manages the business, and Inpixon defines "Adjusted EBITDA" as EBITDA plus adjustments for other income or expense items, non-recurring items and non-cash items. Inpixon defines "pro forma net loss per share" as GAAP net loss per share adjusted for stock-based compensation, amortization of intangibles and one-time charges including loss on the exchange of debt for equity and provision for valuation allowances.
Management provides Adjusted EBITDA and pro forma net loss per share measures so that investors will have the same financial information that management uses, which may assist investors in assessing Inpixon's performance on a period-over-period basis. Adjusted EBITDA or pro forma net loss per share is not a measure of financial performance under GAAP, and should not be considered an alternative to net income (loss) or any other measure of performance under GAAP, or to cash flows from operating, investing or financing activities as an indicator of cash flows or as a measure of liquidity. Adjusted EBITDA and pro forma net loss per share have limitations as analytical tools and should not be considered either in isolation or as a substitute for analysis of Inpixon's results as reported under GAAP.
For more information on our non-GAAP financial measures and a reconciliation of GAAP to non-GAAP measures, please see the "Reconciliation of Non-GAAP Financial Measures" table accompanying this press release.
Inpixon Contacts
General inquiries:
Inpixon
Email: marketing@inpixon.com
Web: inpixon.com/contact-us
Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com
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SOURCE Inpixon | https://www.mysuncoast.com/prnewswire/2022/08/15/inpixon-reports-second-quarter-2022-financial-results-provides-business-update/ | 2022-08-15T22:04:54Z |
FRISCO, Texas, May 25, 2022 /PRNewswire/ -- Apty, a leading Digital Adoption Platform (DAP), announced today that Levent Arabaci has joined the company's Executive Advisory Board. Arabaci brings more than thirty years of experience in leadership and transformation in global companies like PepsiCo, Nestle, Cisco, and Hitachi.
During his career at Hitachi, Levant served in senior roles including Chief Transformation Officer and EVP Human Resources where he was responsible for transforming key corporate functions such as Finance, HR, IT, Facilities, and Procurement and creating common global business services across the organization.
"We got to know Levent over the past few years and were impressed with his business acumen and track record of scaling major initiatives across large, global organizations," said Krishna Dunthoori, Apty's CEO and Co-founder. "We are excited to have Levent join our Executive Advisory Board. He is an extraordinary complement to our Board and senior team and adds a unique perspective as a trusted and well-respected leader in the key areas where Apty is focused – enterprise transformation and productivity."
"The size and scope of technology investments continues to rise, yet most organizations struggle to realize the full value of these investments," said Arabaci. "I've seen firsthand the strategic role Apty plays in accelerating digital transformation by driving user adoption of a company's digital assets. Apty is leading the Digital Adoption Platform market with its customer-centric approach that ensure successful digital transformations."
About Apty
Apty is a Digital Adoption Platform that helps enterprise optimize their business processes. Successful digital adoption involves both guiding people through new critical software applications and proactively pushing them to complete new processes. Only Apty combines the power of on-screen guidance with the time-saving automation of proactive process compliance. IT operation managers, Application Owners, VP HR/Sales, and leading CIOs alike all trust Apty to get the most out of their employees' use of web-based applications in their day-to-day job. Every month millions of users use Apty to learn web-based apps and excel in their job in leading companies like Hitachi, Boeing, Mattel, and many more. Remember, the problem is not the software, it's how you use it.
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SOURCE Apty | https://www.mysuncoast.com/prnewswire/2022/05/25/apty-announces-former-hitachi-chief-transformation-officer-levent-arabaci-joins-executive-advisory-board/ | 2022-05-25T17:36:04Z |
PITTSBURGH, April 21, 2022 /PRNewswire/ -- I wanted to create a more convenient way to carry and use a utility blade, mechanical pencil and a tape measure while working on various projects," said an inventor, from Houston, Texas, "so I invented the 3 IN 1 UTILITY KNIFE. My design enables you to measure, mark and cut with one simple tool."
The patent-pending invention provides a multi-functional tool for measuring, marking and cutting procedures. In doing so, it ensures that the necessary tools are accessible for flooring installations and other tasks. As a result, it increases efficiency and convenience and it eliminates the need to purchase, carry and maintain a quantity of separate tools. The invention features a portable design that is easy to use so it is ideal for contractors and do-it-yourselfers.
The original design was submitted to the Houston sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-HOF-141, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/04/21/inventhelp-inventor-develops-multi-functional-tool-measure-mark-amp-cut-hof-141/ | 2022-04-21T15:59:06Z |
LONDON, June 15, 2022 /PRNewswire/ --Today marks the launch of the 16th edition of the Global Peace Index from the international think-tank the Institute for Economics & Peace (IEP).
Key results
- Deaths from external conflict recorded a sharp deterioration driven by the Russian invasion of Ukraine.
- Despite recent commitments, militarisation has decreased in 113 countries since 2008.
- Terrorism continued to improve, with 70 countries recording no attacks in 2021. This is the best result since 2008.
- The rise in costs has increased food insecurity and political instability globally, with Africa, South Asia and the Middle East under greatest threat.
- The political terror scale, political insecurity, neighbouring country relations, refugees and internally-displaced-persons (IDPs) reached their worst score since the inception of the GPI.
- The global economic impact of violence was $16.5 trillion in 2021, equivalent to 10.9% of global GDP, or $2,117 per person.
Impact of the War in Ukraine on Peacefulness
- Two of the five countries with the largest deteriorations in peacefulness were Russia and the Ukraine.
- Social media is changing the way intelligence is gathered - it is now shared instantaneously, raw and with little analysis.
- In contrast to the global trend, positive sentiment in the Ukraine was rising in 2021. Support for the West was strong, with 58% wanting to join a Western economic union, and 54% supporting joining NATO.
The 16th edition of the annual Global Peace Index (GPI) report, the world's leading measure of peacefulness, reveals that the average level of global peacefulness deteriorated by 0.3% in 2021. This is the eleventh deterioration in peacefulness in the last fourteen years, with 90 countries improving, and 71 deteriorating, highlighting that countries deteriorate much faster than they improve.
Iceland remains the most peaceful country, a position it has held since 2008. It is joined at the top of the Index by New Zealand, Ireland, Denmark and Austria. For the fifth consecutive year, Afghanistan is the least peaceful country, followed by Yemen, Syria, Russia and South Sudan. Seven of the ten countries at the top of the GPI are in Europe, and Turkey is the only country in this region to be ranked outside the top half of the Index.
Two of the five countries with the largest deteriorations in peacefulness were Russia and the Ukraine, they were joined by Guinea, Burkina Faso and Haiti. All these deteriorations were due to ongoing conflict.
Of the 23 indicators in the GPI, the largest deteriorations were recorded in neighbouring country relations, intensity of internal conflict, refugees and IDPs, political terror scale and political instability. Twenty-eight countries have high levels of instability, and ten countries recorded the worst possible political terror score.
The global inequality in peacefulness has continued to increase. Since 2008, the 25 least peaceful countries deteriorated on average by 16%, while the 25 most peaceful countries improved by 5.1%. Since 2008, 116 countries reduced their homicide rate.
The cost of violence to the global economy was $16.5 trillion, or 10.9% of global GDP, which is the equivalent to $2,117 per person. For the ten countries most affected by violence, the average economic impact was equivalent to 34% of GDP, compared to 3.6% in the countries least affected.
There were substantial improvements for several indicators, including terrorism impact, nuclear and heavy weapons, deaths from internal conflict, military expenditure, incarceration rates and perceptions of criminality. Terrorism impact is at its lowest level since the inception of the GPI.
Steve Killelea, Founder & Executive Chairman of IEP said: "Last year we warned about the economic fallout from COVID-19. We are now experiencing supply chain shortages, rising inflation, and food insecurity that have been compounded by the tragic events in Ukraine. The political and economic consequences of this will reverberate for years to come.
"When combined with the record poor scores for neighbouring relations, political insecurity and intensity of internal conflict, governments, organisations, and leaders must harness the power of peace.
"The economic value of lost peace reached record levels in 2021. There is a need to reverse this trend, and the GPI has shown that those countries that implement the attitudes, institutions and structures that create and sustain peaceful societies, witness an improved economic outcome."
Militarisation & the Ukraine war
Military spending as a percentage of GDP decreased in 94 countries, while 112 countries have reduced armed service personnel since 2008. However, the Ukraine Russia conflict, and the potential increase in military spending by NATO countries to 2% of GDP, may lead to deteriorations in future years. Independently of this conflict, China plans to increase its spending on military by 7.1% in 2022.
Optimism about the future was on the rise with three times as many people feeling they could have the best possible future than in 2019. Surprisingly, only 20% felt the government could deal with a disaster. In contrast, the proportion of Russians feeling safer than five years' prior fell between 2019 and 2021, while nearly three times as many Russians were worried about the economy*.
Although the full impact of the Ukraine Russia war is still being felt, it has had a significant effect on the Index. Many European nations near Russia have seen scores deteriorate for relations with neighbours, including Finland, Sweden, Romania, Estonia, Latvia, Lithuania, and Moldova.
The war has underlined the importance of technology in shaping conflict; 5G mobile technology, the social media revolution, and the greater affordability of drones have changed warfare. Recent conflicts have highlighted a move away from static, curated intelligence, to real time gathering via social media. Information is fluid, content driven, and shared in a raw, uncensored format.
Global economy and rise of violent demonstration
The COVID-19 pandemic pushed countries towards economic and political crises. Countries that had become progressively more peaceful experienced outbreaks of protests and violence aimed at governments' handling of the pandemic.
The intensity of violent demonstrations has increased by 49% since 2008, with 126 of the 163 countries in the Index deteriorating. This a global trend, affecting all regions of the world except MENA. Full democracies recorded the sharpest deterioration in violent demonstrations, however, the score for full democracies is still better than any other type of government.
South Asia was the region with the highest frequency and intensity of violent demonstrations where India, Sri Lanka, Bangladesh, and Pakistan recorded their highest levels since the inception of the GPI. In Europe, there were widespread anti-lockdown protests, especially in Belgium, France, the Netherlands, Austria, Croatia and the UK, with similar developments in North America.
Conflict and displacement
Ongoing Conflict had the largest deterioration at 9.3% of all three GPI domains since 2008. The number of countries experiencing violent internal conflict rose from 29 to 38, but the number of people killed in internal conflicts has fallen since 2017. The number of forcibly displaced people around the world increased from 31 million in 2008, to over 88 million in 2022.
There are 17 countries where at least 5% of the population are either refugees or internally displaced. South Sudan has over 35% of its population displaced, while Somalia and the Central African Republic have more than 20%.
Regional overview:
- Russia and Eurasia experienced the largest deterioration in peacefulness, driven by deteriorations in conflict deaths, refugees and IDPs, political instability and political terror.
- South Asia remains the second least peaceful region but recorded the largest increase in peacefulness, driven by improvements in ongoing conflict.
- Asia-Pacific recorded an increase in peacefulness, driven by improvements in all three GPI domains with the largest occurring in Safety and Security. In North America, The US had the lowest level of peacefulness since 2008, with civil unrest the primary driver.
- Violent crime increased in Central America and the Caribbean by 4.4% in 2022 to reach the highest level since 2008. Haiti had the largest deterioration in the region.
- MENA recorded the second biggest improvement globally. Yemen is the least peaceful country in the region for the second consecutive year. Libya recorded the largest improvement in peacefulness globally.
- Sub-Saharan Africa recorded a 1% deterioration. South Sudan remains the least peaceful country in the region, despite an overall improvement. Although levels of internal conflict in the country remain high, the number of deaths from internal conflict improved by 15%.
For more information and to download the Global Peace Index 2022, visit visionofhumanity.org and economicsandpeace.org
ENDS
NOTES TO EDITORS
*Data from the Lloyd's Register Foundation World Risk Poll/IEP
The full GPI report, articles and interactive maps are available at: www.visionofhumanity.org
Twitter: @globpeaceindex
Facebook: www.facebook.com/globalpeaceindex
About the Global Peace Index (GPI)
Produced by the international think-tank the Institute for Economics & Peace (IEP), the GPI report presents the most comprehensive data-driven analysis to date on peace, its economic value, trends, and how to develop peaceful societies. The report covers 99.7% of the world's population and uses 23 qualitative and quantitative indicators from highly respected sources to compile the index. These indicators are grouped into three key domains: Ongoing Conflict, Safety and Security, and Militarisation.
About the Institute for Economics and Peace
IEP is an international and independent think tank dedicated to shifting the world's focus to peace as a positive, achievable and tangible measure of human well-being and progress. It has offices in Sydney, Brussels, New York, The Hague, Mexico City and Harare.
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SOURCE Institute of Economics and Peace | https://www.wibw.com/prnewswire/2022/06/15/peacefulness-declines-lowest-level-15-years-fuelled-by-post-covid-economic-uncertainty-ukraine-conflict/ | 2022-06-15T04:29:33Z |
NORTH CANTON, Ohio, Aug. 3, 2022 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today declared a quarterly cash dividend of 31 cents per share. The dividend is payable on Sept. 2, 2022, to shareholders of record as of Aug. 15, 2022.
Timken has paid a dividend on its common shares every quarter since its listing on the New York Stock Exchange (NYSE) in 1922. The upcoming dividend represents 401 consecutive quarters, one of the longest-running dividend streaks among NYSE-listed companies.
About The Timken Company
The Timken Company (NYSE: TKR; www.timken.com) designs a growing portfolio of engineered bearings and power transmission products. With more than a century of knowledge and innovation, we continuously improve the reliability and efficiency of global machinery and equipment to move the world forward. Timken posted $4.1 billion in sales in 2021 and employs more than 18,000 people globally, operating from 43 countries. Timken has been recognized among America's Most Responsible Companies by Newsweek, the World's Most Ethical Companies® by Ethisphere, and America's Best Employers, Best Employers for New Graduates and Best Employers for Women by Forbes.
Media Relations:
Scott Schroeder
234.262.6420
scott.schroeder@timken.com
Investor Relations:
Neil Frohnapple
234.262.2310
neil.frohnapple@timken.com
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SOURCE The Timken Company | https://www.kxii.com/prnewswire/2022/08/03/timken-declares-quarterly-dividend-31-cents-per-share/ | 2022-08-03T15:24:03Z |
TOKYO, June 23, 2022 /PRNewswire/ -- Both net sales and profit increased in the fiscal first quarter which ended December 31, 2022. A large increase was seen in the mainstay segment of environmental equipment businesses. Within the renewable energy business segment focus was placed on compact wind power generation, with plans for a total of 70 sites to be operational by 2025.
Summary of Results
The overarching business climate that envelopes the company group during the current consolidated cumulative first quarter is one that while optimistic due to the proliferation of the COVID-19 vaccination, the easing of various types of restrictions in relation to the pandemic that allows for a return to normal economic operations and anticipated economic recovery, there is some uneasiness regarding the increasingly opaque direction of the global economy. Contributing factors include the tense geo-political situation in Ukraine, sudden price jumps for various materials, delayed supply chains, and other extenuating circumstances.
Under these circumstances, the medium-term management plan, "PROTECT x CHANGE" continues to drive forwards. More specifically, in the environmental equipment segment, the company will promote business development overseas while expanding maintenance and energy service company (ESCO) business as a recurring revenue model. Meanwhile, in the household equipment segment, the company will unearth new products, and implement a number of other initiatives as it aims to transition from stability in business to growth. In the renewable energy segment, the company will conduct initiatives aimed at achieving a recycling-oriented society, strengthening its capacity to secure stable profits, and devising high value-added businesses and products for conditions following the conclusion of the feed-in tariff (FIT) system's application. In terms of overall initiatives, the company will strengthen its internal organization to support the successful implementation of IT strategies and apply IT as a tool for improving productivity.
Net sales for the current consolidated cumulative first quarter that ended in December 31 ,2022 totaled 11,023 million yen (+11.6% Year-on-Year). Gross profit totaled 2,147 million yen (+5.2% Year-on-Year), operating profit totaled 454 million yen (+1.1% Year-on-Year), ordinary income totaled 532 million yen (+7.6% Year-on-Year), and net income attributable to the shareholders of the parent totaled 352 million yen (+27.2% Year-on-Year).
The hydrothermal treatment business handled by DA INVENT Co., Ltd., a consolidated subsidiary, was reclassified to the renewable energy segment from the environmental equipment segment.
In the environmental equipment segment, net sales in comparison to the same quarter period in the previous year rose considerably. Domestic sales benefitted from contributions generated by progress in large-scale construction projects such as Johkasou/wastewater treatment equipment for food factories, pharmaceuticals, and medical supplies. Overseas sales appear to incur a downward trend due to the continued negative economic effects of the COVID-19 pandemic, but instead did see a large improvement as a result of the delivery of Johkasou systems to the JICA support project with Iraq. With regards to the business of converting groundwater into drinking water, sales generated through ESCO agreements (a source of recurring-revenue) rose while sales stemming from maintenance operations also increased thanks to the inclusion of new contracts. As a result, sales generated in the environmental equipment segment for the quarter totaled 5,748 million yen (+11.8% Year-on-Year), and segment profit (operating profit) totaled 576 million yen (+15.9% Year-on-Year).
In the household equipment segment, while orders for products that saw an increase such as sanitary equipment and other installations for condominiums, orders for the delivery of specialized materials meant for furniture in educational facilities, and orders for the renewal of LED light fixtures meant for storefronts of the DCM group of hardware stores saw an increase, in the last year demand for contactless (non-physical) products that grew related to the impact of COVID-19 started and continued settle therefore leading to an overall downturn in construction-related sales. Because of shipment restrictions to the makers of washlets and other similar products during the first quarter period, retail sales for hardware stores saw a downturn. Housing facilities projects saw a large improvement in recorded sales compared to the same quarter of the last fiscal year because of the completion of construction for DCM group hardware storefronts during this first quarter. The impact of the acquisition of a new subsidiary in the last fiscal year has allowed for an upturn in sales regarding housing sash exteriors. Completion of projects in regards to refrigeration, freezing equipment, and air conditioning sales fell compared to the same quarter period in the last fiscal year. In this segment focused of wholesale business, these sales items have a high profit margin. As the result of that, it stands as a contributing factor of profit loss for the segment. Despite this being the case, there are ongoing developments with current construction projects to reach the completion of major contracts within the second consolidated cumulative quarter. A website for the EC business was created in January of 2022, and an official Instagram account in an effort to strengthen PR operations was implemented. The EC business consists of online orders for household equipment construction in addition to collaborative work with the hardware store business group DCM. With these factors included the formulation of our company's proprietary nationwide household equipment reformation operation EC business has progressed. In addition of sales being conducted towards the general consumer through the website, through other corporate cooperation we are continuing forward with proposals for employee benefits for corporate employees. In closing, net sales for the household equipment business totaled 4,541 million yen (+4.1% Year-on-Year), and segment profit (operating profit) totaled 117 million yen (-40.3% Year-on-Year).
In the renewable energy segment, because of the impact of acquiring Sanei Ecohome Inc., in October of last year, there was a large increase in sales related to solar power generation and power sales operations. Furthermore, before said acquisition, sales in power and solar power generation were mainly conducted by renting store roof space form DCM Holdings Co., Ltd. and installing solar power generation equipment within this space and using this equipment to sell electricity under Japan's feed-in tariff (FIT) system. Although the subsidiary is still conducting sales through the FIT system, because of the ability gained to provide construction and maintenance services related to solar power generation, we are capable of not only sales through property owned by the company but engage in sales of power generation facilities. When profit margins for the sale of power generation conducted up until now are compared with groups that operated under FIT, a disparity is occurring between the rate of change for lower profit margins of the sale of facilities to high sales and the rate of change in segment profit margin. In compact wind generation for the current consolidated cumulative first quarter through joint participation with other companies for the Ministry of the Environment, Government of Japan's "Low Carbon Technology Research, Development and Demonstration Program" there is an upturn in sales figures. We successfully linked with an additional five sites during the quarter for power generation facilities generating compact wind power under FIT. Currently there are seventeen sites operational with plans to operate a total of seventy site by 2025. In the biodiesel fuel-related business, contracts associated with B5 light diesel oil, which can be used in the same ways as standard gas oil because it is 5% biodiesel fuel by volume, engaged in a strengthening of sales and an increase in number of contracts. The hydrothermal treatment business is currently conducting R&D with a view to establish new technologies, and strong gains and transitions can be seen. As a result, net sales for the renewable energy business totaled 557 million yen (+183.7% Year-on-Year), and segment profit (operating profit) totaled 18 million yen (+41.0% Year-on-Year).
Performance in the household drinking water business saw a decline in bottled water contracts, but a rise in contractees for subscription based water servers occurred. Consequently, figures for other segment sales totaled to 156 million yen (-1.7% Year-on-Year) and segment profit (operating profit) totaled 22 million yen (-19.9% Year-on-Year).
Daiki Axis Co., Ltd. (4245, First Section, TSE) https://www.daiki-axis.com/en/ "FINANCIAL RESULTS SUMMARY FOR THE FIRST QUARTER OF THE FISCAL YEAR ENDING DECEMBER 31, 2022" is available here: https://www.daiki-axis.com/ir/library/
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This release is for the purpose of providing information to serve as a reference for investment decisions and not for the purpose of soliciting investment. Please exercise your own judgment on final decisions such as investment policy, timing and selection. Please be advised that we do not assume any responsibility for damages caused by this service.
Borderless IR specializes in the global distribution of IR content, including the dissemination of newsletters and annual reports providing the latest information and main strengths of Japanese companies directly to overseas investors through leading global media, corporate information database services and mailing lists. Borderless is also engaged in supporting other global IR efforts.
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SOURCE Daiki Axis Co., Ltd. | https://www.mysuncoast.com/prnewswire/2022/06/27/daiki-axis-co-ltd-4245-tsefinancial-results-summary-first-quarter-fiscal-year-ending-december-31-2022/ | 2022-06-27T03:51:44Z |
NEW YORK, July 12, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sharps Compliance Corp. ("Sharps Compliance" or the "Company") (NASDAQ: SMED) in connection with the proposed tender offer for the Company by an affiliate of Aurora Capital Partners. Under the terms of the merger agreement, the Company's shareholders will receive $8.75 in cash for each share of Sharps Compliance common stock owned.
If you own Sharps Compliance shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/smed
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Sharps Compliance's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $8.75 per-share merger consideration adequately compensates Sharps Compliance's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, at least one analyst set a price target for the Company of $12.50 per share, $3.75 above the per-share merger consideration.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.mysuncoast.com/prnewswire/2022/07/12/shareholder-alert-weiss-law-investigates-sharps-compliance-corp/ | 2022-07-13T06:55:16Z |
SÃO PAULO, Aug. 23, 2022 /PRNewswire/ -- On Thursday (18), BTG Pactual held Macro Day 2022, attended by main executives from the bank, as well as politicians and government officials, to discuss the outlook for the domestic and international macroeconomic scenario, in addition to the political environment for general elections in Brazil.
The first panel addressed the outlook for US economy, with the participation of William Dudley, an economist and former President of the Federal Reserve Bank of New York (FED), who spoke about interest rates, inflation and the job market in the United States.
To talk about the role of public banks in developing the economy, Macro Day welcomed the presidents of Caixa Econômica Federal, Daniella Marques, and BNDES, Gustavo Montezano, the importance of democratizing access to credit and the digital transformation of banks were discussed. Then, Brazilian Central Bank (BC) President Roberto Campos spoke with BTG CEO, Roberto Sallouti, about national monetary policy, and his vision for the fiscal and interest rate scenario for the coming months.
In the panel on the Brazilian economic and political scenario, André Esteves, BTG Pactual Chairman and Senior Partner, contributed with his market vision on how US Big Techs are now the new emerging market. In his analysis, global capital, which used to seek growth in emerging markets, is now flowing into other industries, such as the technology segment in the US.
Still in the afternoon, the main candidates running for São Paulo State Governor were able to speak individually, for 30 minutes, about their projects and proposals for conducting the state government.
To detail the government's actions for the country's economy, the guest was Economy Minister Paulo Guedes. The panel was moderated by BTG Pactual Chief Economist, Mansueto Almeida, who emphasized the importance of the reforms made by the government and the economic measures for assisting the population in the pandemic, for maintaining control of expenditure, and for fiscal adjustment.
All Macro Day 2022 panels can be watched in full on the BTG Pactual YouTube channel: https://www.youtube.com/c/btgpactual
About BTG Pactual
BTG Pactual (BPAC11) is the biggest investment bank from Latin America, operating in Investment Banking, Corporate Lending, Sales & Trading, Wealth Management and Asset Management. For more information go to http://www.btgpactual.com
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SOURCE BTG Pactual | https://www.wibw.com/prnewswire/2022/08/23/macro-day-reunited-important-executives-debate-political-economic-scenario-brazil-globally/ | 2022-08-23T15:11:31Z |
Joined by Nicole Schlegel and Kate Hawkins, Vice Presidents of Global Digital Marketing at Universal Pictures
June 24th, 2022 Panel Discusses: "Tapping Into TikTok To Marry Creators With Global Film IP"
LOS ANGELES and TORONTO, June 24, 2022 /PRNewswire/ - QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) has announced that Glenn Ginsburg, President of the QYOU Media USA Influencer Marketing business unit, will be speaking today at VidCon 2022 on a panel with Nicole Schlegel and Kate Hawkins who are both Vice Presidents of Global Digital Marketing at Universal Pictures. The panel session is titled: "Tapping Into TikTok To Marry Creators With Global Film IP". This will mark the first in-person and live VidCon since the onset of the Covid-19 in 2020 which resulted in cancellations of the massive annual event attracting fans, creators, executives and brands from the world of social video and influencer marketing. VidCon 2022 is taking place June 22nd to June 25th at the Anaheim Convention Center.
The VidCon panel will discuss how the partnership between Universal Pictures and QYOU Media leveraged a series of unique approaches on TikTok to target both families and mainstream audiences. This distinctive strategy helped drive engagement on the TikTok platform for Universal's key franchises including Croods, Sing 2 and Boss Baby 2. A large number of prominent TikTokers took these campaigns to record-breaking heights both on TikTok and at the box office.
QYOU Media's Influencer Marketing business unit has continued to build substantial traction in 2022 across motion pictures, television, gaming and consumer products. This year alone the company has executed campaigns associated with 7 different movies that opened #1 at the box office. The business unit is on pace to break all previous quarterly and annual revenue records and has established its most robust and active pipeline of business since inception.
"We are thrilled to be on this panel alongside our great friends and colleagues at Universal Pictures. It requires an integrated team on all sides to really make these campaigns come to life and deliver the kind of engagement and interaction that can bring these iconic properties to life on social platforms," said Glenn Ginsburg, President of QYOU Media. "We look forward to continuing to break new ground on TikTok as it solidifies its position as a must-have platform to market brands and products not only to younger audiences, but to families and people of all ages."
QYOU Media operates in India and the United States producing and distributing content created by social media and digital content stars and creators. In India, via our flagship brand, The Q and the recently launched Q Marathi and Q Kahaniyan and Q Comedistaan, we curate, produce and distribute premium content including television networks and VOD for cable and satellite television, OTT, mobile phones, smart TV's and app based platforms. Our India based influencer marketing division, Chtrbox, is among India's leading influencer marketing platforms connecting brands and social media influencers. In the United States, we create and manage influencer marketing campaigns for major film studios, game publishers and brands. Founded and created by industry veterans from Lionsgate, MTV, Disney and Sony, QYOU Media's millennial and Gen Z-focused content reaches more than one billion consumers around the world every month. Experience our work at www.qyoumedia.com, www.theqyou.com and www.theq.tv
Join our shareholder chat group on Telegram: http://t.me/QYOUMedia
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE QYOU Media Inc. | https://www.wibw.com/prnewswire/2022/06/24/qyou-influencer-marketing-president-glenn-ginsburg-speaking-vidcon-2022/ | 2022-06-24T13:54:34Z |
SKOPJE, North Macedonia (AP) — State kindergarten and primary school teachers in North Macedonia began an open-ended strike Monday, seeking substantial pay rises amid a cost of living crisis.
The teachers’ union is pressing the government for annual salary increases over the next two years which would roughly take their average monthly salary from 400 euros now to about 700 euros ($436 to 760) in 2024.
The center-left government has ruled out any new salary increase for teachers this year. It has already increased the minimum monthly salary in the country from 247 to 292 euros, in a bid to ease discontent over high living costs triggered by a sharp hike in energy and food prices.
Annual inflation in the small Balkan country of about 1.8 million increased for the ninth straight month in March to reach a 14-year high of 8,8%, from 7,6% in February.
Education Minister Jeton Shaqiri called on the teachers’ union to join in urgent talks to seek a compromise.
Prime Minister Dimitar Kovachevski called on strikers “to put first the interests of children and make sure that the educational process is not disrupted.” | https://cw33.com/business/ap-business/north-macedonia-teachers-strike-as-power-food-prices-soar/ | 2022-04-12T00:13:03Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMZN, COP, PDD, LLY, and TTWO.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/06/07/thinking-about-trading-options-or-stock-amazon-conocophillips-pinduoduo-eli-lilly-or-take-two-interactive/ | 2022-06-07T16:20:34Z |
ARLINGTON, Va., Aug. 2, 2022 /PRNewswire/ -- Capital Impact Partners announced today that Aflac Incorporated has publicly announced a $15 million investment in Capital Impact Investment Notes ("Notes").
"As a compassionate company that is innately driven by our commitment to the policyholders and communities we serve, we are continually seeking investment opportunities that champion underserved communities," said Teresa McTague, Chief Investment Officer of Aflac U.S. and Aflac Global Investments' Global Head of ESG Investment Strategies. "The opportunity presented by Capital Impact Partners aligned very well with the Socioeconomic Advancement and Empowerment category under our Sustainability Bond Framework. We were thrilled to identify and act upon this caliber of investment opportunity through Capital Impact Partners. Our investment and partnership is far more than transactional to us; it embodies our vision of making a direct and measurable difference in the lives of many, which exemplifies core values our company treasures."
"We are thrilled to join in celebrating Aflac Incorporated's commitment toward our mission," said Raymond Guthrie, Head of Capital Deployment for Capital Impact Partners. "We've shown over the past 40 years just how effective impact investing can be. We're able to deliver a strong financial performance while fulfilling our mission of creating social and economic justice in disinvested communities throughout the United States."
Funding from the Notes helps expand Capital Impact's national footprint to increase access to critical social services, including health care, education, healthy foods, affordable housing, cooperatives, and dignified aging facilities. To date, individuals and organizations have invested more than $200 million in Notes.
"Uplifting community solutions isn't something any single organization or company can achieve alone. Working together with a variety of stakeholders at the table makes our efforts stronger," said Guthrie.
Impact investing fills the funding gap between investors and communities. For example, it creates more opportunities for emerging developers of color, expands access to healthy foods, and increases the amount of affordable housing.
"Everyone, no matter their circumstance, should have equitable access to the capital and opportunities they deserve," said Jaret Ings, Treasurer for Capital Impact Partners. "Funding from the Investment Notes supports our efforts to advance locally-led solutions that ensure disinvested communities have more of the opportunities they need to succeed and thrive."
The Notes allow retail and institutional investors to invest as little as $1,000 in the mission-driven organization's efforts. Capital Impact Partners has invested more than $2.5 billion to serve 6 million people and created more than 38,000 jobs in sectors critical to building equitable communities.
Capital Impact has seen robust interest in its S&P A1 rated Notes, which were the first DTC-settled notes offered by a Community Development Financial Institution (CDFI) on a continuous basis in almost all U.S. states.
For more information, visit the Capital Impact Investment Notes website.
Capital Impact is transforming how capital and investments flow into communities to provide people access to the capital and opportunities they deserve. We work to champion key issues of equity and social and economic justice by deploying mission-driven financing, capacity-building programs, and impact investing opportunities.
Capital Impact is now part of the Momentus Capital family of organizations, including CDC Small Business Finance and Ventures Lending Technologies. Together, we offer a continuum of financial, knowledge, and social capital to help local leaders build inclusive and equitable communities and create generational wealth. This includes a comprehensive package of loan products, impact investment opportunities, training and business advising programs, and technology services that advance locally-led solutions.
A nonprofit Community Development Financial Institution, Capital Impact has disbursed more than $2.5 billion since 1982 to create access to critical social services, grow entrepreneurs, and create quality jobs. Capital Impact's leadership in delivering financial and social impact has resulted in the organization being rated by S&P Global and recognized by Aeris for its performance.
Headquartered in Arlington, VA, Capital Impact Partners operates nationally, with local teams in Austin, TX, Detroit, MI, New York, NY, and Oakland, CA.
Learn more at capitalimpact.org and momentuscap.org.
Disclaimer: This press release is not an offer to sell or a solicitation of an offer to buy any securities. Such an offer is made only by means of a current Prospectus (including any applicable Pricing Supplement) for each of the respective Notes. Such offers may be directed only to investors in jurisdictions in which the Notes are eligible for sale. Investors in such states should obtain a current Prospectus by visiting www.capitalimpact.org/invest/capital-impact-investment-notes. Investors are urged to review the current Prospectus before making any investment decisions. No state or federal securities regulators have passed on or endorsed the merits of the offering of the Notes. Any representation to the contrary is unlawful. The Notes will not be insured or guaranteed by the FDIC, SIPC or other governmental agency. As of the date hereof, the Notes will be offered for sale in all 50 states and the District of Columbia, excluding the States of Arkansas, Tennessee and Washington.
This press release contains statements that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Also, when Capital Impact uses any of the words "anticipate," "assume," "believe," "estimate," "expect," "intend" or similar expressions, it is making forward-looking statements. These forward-looking statements are not guaranteed and are based on Capital Impact's present intentions and on Capital Impact's present expectations and assumptions. These statements, intentions, expectations, and assumptions involve risks and uncertainties, some of which are beyond Capital Impact's control, that could cause actual results or events to differ materially from those anticipated or projected. Purchasers of Notes should not place undue reliance on these forward-looking statements, as events described or implied in such statements may not occur. Except as required by law, Capital Impact undertakes no obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise.
1 S&P Global reaffirmed a long-term issue credit rating of A to the Notes on May 17, 2022. Please check the Pricing Supplement for the S&P credit rating assigned to Notes currently being offered for sale. An S&P credit rating is not a recommendation to buy, sell or hold Notes and may be subject to suspension, reduction or withdrawal at any time by S&P.
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SOURCE Capital Impact Partners | https://www.mysuncoast.com/prnewswire/2022/08/02/capital-impact-partners-celebrates-aflac-incorporateds-announcement-major-investment-commitment-toward-helping-disinvested-communities/ | 2022-08-02T11:13:42Z |
NEWPORT BEACH, Calif., June 20, 2022 /PRNewswire/ -- Crown Sterling Limited LLC, leader in Personal Data Sovereignty and provider of quantum-resistant encryption and compression technologies, announces that the United States Patent and Trademark Office has issued US Patent 11,310,042 B2 (Inventor: Robert Edward Grant), covering a development in the data and information security field, Methods of Storing and Distributing Large Keys.
The primary claim of US Patent 11,310,042 B2 is a method for securely encrypting and decrypting data wherein a function is processed to obtain a raw key that is an irrational number. A sending computing device applies a starting point and length to obtain a shortened key used for encryption. A receiving computing device identifies the function from a received identifier and applies the starting point and length to a mirroring raw key to derive the decryption key.
Robert E. Grant, Founder and CEO of Crown Sterling commented, "We were very pleased with how rapidly this seminal patent was issued by the US Patent Trademark Office. This is the first of many new patents that are linked to our innovations in both cryptography and compression. The Crown Sterling Chain is the world's first layer 1 blockchain to implement One-Time Pad's quantum-resistant cryptography."
Quantum computers, as demonstrated by the work of Peter Shor and others, have computational resources beyond the capabilities we have today rendering the security of traditional asymmetric encryption and their cryptographic algorithms obsolete. One-Time Pad is an information theory-based encryption method that does not depend on assumptions about the computational resources of an attacker (and therefore is quantum-resistant), in contrast to conventional encryption protocols relying on prime numbers and number theory. This novel method of compressing large keys allows for practical and scalable implementation of One-Time Pad encryption in combination with blockchain technology.
Crown Sterling's mission is to empower individuals to claim, protect, and control their data in an era of largely unregulated Big Tech vulnerability and monopolization. Crown Sovereign (CSOV) utility token enables users to access the novel product suite, including quantum-resistant cryptography and NFTs, end-to-end encrypted messaging, and other future data compression technologies. The Crown Sterling Chain is an independent high-speed Layer 1 solution built using Polkadot's Substrate framework. With CSOV token and ecosystem, users can encrypt personal data, including geo-location and browsing history, and convert that data into NFTs with the option to monetize it on exchanges. With data emerging as the world's most valuable asset, Crown Sterling looks forward to ushering in a new paradigm of Personal Data Sovereignty. For more on Crown Sterling and CSOV, join the community on Telegram and Twitter.
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SOURCE Crown Sterling | https://www.wibw.com/prnewswire/2022/06/20/crown-sterling-announces-issuance-us-patent-novel-cryptographic-key-compression/ | 2022-06-20T16:07:04Z |
Chile’s Pereira misses chance at PGA history with closing 6
By JIM VERTUNO
AP Sports Writer
TULSA, Okla. (AP) — Mito Pereira had a one-shot lead in the PGA Championship when he sent his tee shot into the water on the par-4 18th hole at Southern Hills. That led to a double-bogey 6 and Pereira finished one shot out of a playoff that Justin Thomas won. Pereira was seeking to be the first Chilean player to win a major championship. He had a three-shot lead heading into the final round. He fell into a tie for the lead on the back nine but got it back before his disaster on the closing hole. Pereira says his nerves built throughout the week and were “terrible” in the final round. | https://localnews8.com/sports/ap-national-sports/2022/05/22/chiles-pereira-misses-chance-at-pga-history-with-closing-6/ | 2022-05-23T03:24:59Z |
(The Hill) – Senators were noshing on chocolate, nuts and beef jerky ahead of Saturday night’s marathon debate, stocking up on their favorite snacks to keep them awake and energized throughout the overnight session.
The chamber was scheduled to start a vote-a-rama sometime around midnight, and it’s expected to run through Sunday morning.
The hours-long process is part of the budget reconciliation procedure, which Democrats are using to pass their sweeping climate, tax reform and health care bill.
The last around-the-clock vote-a-rama the Senate held in August of 2021 lasted more than 14 hours, forcing senators to remain in the Capitol and vote on more than 40 amendments.
Senators were stockpiling tasty, high-calorie snacks and drinks to power them through the late-night into the early-morning hours.
“I went to Trader Joes and bought a few hundred dollars worth of snacks for all the floor staff, for fellow senators and other people working late tonight,” Sen. Cory Booker (D-N.J.) told The Hill on Saturday.
The New Jersey Democrat said he secured “lots of things with chocolate” — dark chocolate peanut butter cups and chocolate-covered espresso beans.
He also picked up nuts and vegetables, he admitted, “just make people happy and healthy.”
Sen. Brian Schatz (D-Hawaii) was also riding the chocolate and nuts train Saturday night.
He had chocolate-covered macadamia nuts, a Hawaiian specialty.
Sen. Angus King (I-Maine) was chowing down on mixed nuts and peanut butter crackers, washing it down with “lots of water.”
Pretzels were a popular choice for Saturday night’s session. Sen. Richard Blumenthal (D-Conn.) brought the salty, crunchy snack along with flavored seltzer. His favorite flavor is cranberry lime but he lamented “it’s not as easy to find.”
Some senators were sticking with fruit to get them through the long night.
Sen. Tom Carper (D-Del.) told The Hill he brought two dozen bananas and chocolate milk.
“I like bananas,” the Democrat from Delaware said, laughing after his admission.
Others senators were focusing on protein instead of candy to get them through the grueling session.
Sen. John Kennedy (R-La.) pulled a mini Slim Jim out of his pocket on his way to the Senate floor.
Sen. Mike Lee (R-Utah) said he’d get by on beef jerky paired with “lots of Red Bull.”
Walking to the Senate in gym clothes Saturday afternoon, Sen. Ted Cruz (R-Texas) said he didn’t bring any snacks in advance but added he is “confident” that “pizza and beer will magically appear.” | https://cw33.com/lifestyle/food-and-drink/heres-what-junk-foods-senators-were-fueling-up-on-for-marathon-debate/ | 2022-08-08T16:58:27Z |
Caramel apple flavor is in-store and online for a limited time in ready-to-drink energy beverage and pre-workout formats
PITTSBURGH, Sept. 8, 2022 /PRNewswire/ -- As fall starts to haunt consumers' minds, GNC is embracing the new season with the return of limited-batch Alani Nu Witch's Brew. Available in the iconic Caramel Apple flavor, consumers can sip on a spooky season favorite while also getting a balanced boost of energy. Available for a limited time in both GNC stores and online at GNC.com, get it before it flies off the shelves!
"The return of Witch's Brew always marks the change in season for our consumers. And this year, we're leaning into fall favorites across a variety of formats in flavors like apple and pumpkin," said Kevin Maloberti, VP, Merchandising, GNC. "We want to help people Live Well and enjoy the process through great-tasting, efficacious products that reinvigorate their love of fall."
Alani Nu Witch's Brew is available at GNC in ready-to-drink (RTD) energy cans and pre-workout (PWO) powder. The sugar-free, RTD energy beverage is renowned for offering consumers feel good energy while the PWO has earned the reputation of helping individuals reach their goals inside and outside of the gym.
"We're excited for the return of one of our consumer-favorites, Witch's Brew, at GNC," said Alani Nu Founder, Katy Hearn. "It's incredible to see the anticipation surrounding this seasonal flavor, and we can't wait to see it in stores."
Alani Nu Witches Brew is available to purchase on GNC.com and at GNC stores nationwide with the RTD energy beverage retailing for $29.99 and the PWO retailing for $39.99.
To learn more about GNC, visit www.gnc.com.
About GNC
GNC is a leading global health and wellness brand that provides high-quality, science-based products and solutions consumers need to live mighty, live fit and live well.
The brand touches consumers worldwide by providing its products and services through company-owned retail locations, domestic and international franchise locations, digital commerce and strong wholesale and retail partnerships across the globe. GNC's diversified, multi-channel business model has worldwide reach and a well-recognized, trusted brand. By combining exceptional innovation, product development capabilities and an extensive global distribution network, GNC manages a best-in-class product portfolio. www.gnc.com.
About Alani Nu
Founded in 2018 by entrepreneur and influencer, Katy Hearn, Alani Nu® is a better-for-you health and wellness brand focused on providing low-calorie products with unique flavors. Alani Nu offers a range of products including energy drinks, daily essentials, healthy snacks and more, and can be found at retailers nationwide.
Please visit www.alaninu.com for additional information and follow Alani Nu on Instagram, Facebook, Pinterest, TikTok and Twitter.
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SOURCE GNC | https://www.mysuncoast.com/prnewswire/2022/09/08/witch-is-back-alani-nu-witchs-brew-is-available-gnc-just-time-spooky-season/ | 2022-09-08T15:25:00Z |
CHARLESTON, S.C., July 26, 2022 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced that Deneen DeFiore, vice president and global chief information security officer for United Airlines, has joined its board of directors.
DeFiore brings more than 20 years of experience in technology and cybersecurity. Prior to her role at United Airlines, DeFiore served as senior vice president, global chief information and product security officer at GE Aviation.
"We're delighted to welcome Deneen to the Blackbaud board of directors," said Andrew M. Leitch, chairman of the Blackbaud board. "She brings invaluable experience in cybersecurity as well as a strong track record of executive leadership, and she will be a great asset to the board."
"Cybersecurity is a top priority for our company as we continue to grow and invest in our program, and we look forward to having Deneen's expertise as we navigate this area," said Mike Gianoni, president and CEO, Blackbaud. "In addition, Deneen has an extensive background in helping corporations grow, working across both the private and public sector, and innovating cutting-edge technology solutions. We're thrilled to welcome her."
During her 19-year tenure at General Electric, DeFiore held various leadership positions across GE Corporate, GE Aviation and GE Power. She was instrumental in helping to build cybersecurity capabilities on a corporate level and worked closely with the U.S. Department of Defense, multiple government agencies and policy groups, and became an active voice in the industry to shape policies for defense department implementations. In her current role at United Airlines, DeFiore is responsible for cybersecurity strategy, overseeing and reducing risk and improving cyber resilience. She led the company's COVID-19 technology crisis response efforts and implemented and enabled secure remote workforce capabilities across all business operations.
"I'm looking forward to joining the Blackbaud board as the company continues to provide technology and solutions for the global social good community," said DeFiore. "Blackbaud is well positioned for success, their customers are making a real difference in our world, and I am excited to be a part of it."
In addition to DeFiore, Blackbaud's board of directors includes Andrew M. Leitch (chairman), George H. Ellis, Timothy Chou, Ph.D., Michael (Mike) P. Gianoni, D. Roger Nanney, Sarah E. Nash and Joyce M. Nelson.
Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility (CSR) and environmental, social and governance (ESG), school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than four decades, Blackbaud is a remote-first company headquartered in Charleston, South Carolina, with operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.
Media Inquiries
media@blackbaud.com
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
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SOURCE Blackbaud, Inc. | https://www.kxii.com/prnewswire/2022/07/26/deneen-defiore-vice-president-global-chief-information-security-officer-united-airlines-joins-blackbaud-board-directors/ | 2022-07-26T21:21:44Z |
DUBAI, UAE, June 15, 2022 /PRNewswire/ -- The world's social infused exchange, XT.com, is pleased to announce the listing of Lunar (LNR) tokens on its platform. This collaboration will enable XT.com and LNR to streamline the entire process of crypto and NFT trading. The exchange LNR/USDT and LNR/BTC can be found under the exchange's Mainzone (DeFi) section.
Furthermore, traders and investors can start depositing their LNR tokens on June 14, 2022, at 10:00 (UTC). This will enable traders to strategize and position their portfolio ahead of the trading time of June 15, 2022, at 15:00 (UTC). Meanwhile, XT.com will commence its withdrawal on June 16, 2022, at 10:00 (UTC).
The Lunar platform aims to fast track the trading process of crypto and NFT with a single interconnected platform. This network feature will enable almost any digital asset to be traded across different blockchains. In addition, the native digital asset of the network – LNR, will be utilized to connect the entire Lunar ecosystem.
As a revolutionary way that people interface with crypto, LNR is replacing the 10 separate tools needed to trade crypto with a single, intuitive platform that will let people trade tokens and NFTs across different blockchains.
About Lunar (LNR)
Lunar (LNR) is a crypto project that uses the Binance Smart Chain (BSC) blockchain. With this, investors and traders on its network can experience the low fee and fast transaction speed provided by the BSC technology. The Lunar ecosystem has three major components that serve as its foundation: Lunar Platform, LNR Token, and Lunar Crystal NFTs.
Moreover, the native digital asset of the network – LNR is a BEP20 token that fuels the Lunar ecosystem. It also provides native reflection to all its holders. The project is certified and audited by the auditing firm – Certik.
About XT.com
XT.com is one of the leading exchanges in the market. It has a 24-hour trading volume of almost $6 billion. The platform supports various communities around the world, such as Africa, Russia, Japan, Philippines, Korea, China, and India, to name a few. Moreso, the exchange has over 3 million registered users with more than 300k active users per month. It is headquartered in Dubai with operating offices in Singapore and South Korea.
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SOURCE XT.com | https://www.wibw.com/prnewswire/2022/06/16/lunar-lnr-is-now-live-xtcom/ | 2022-06-16T03:31:42Z |
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