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NAPPANEE, Ind., Aug. 15, 2022 /PRNewswire/ -- Offsight, the industry-leading manufacturing project management software for the off-site construction and building products industry, recently announced a partnership with ICC NTA, LLC, to accelerate off-site construction growth through digitization. ICC NTA is an accredited third-party agency and part of the International Code Council (ICC) Family of Solutions, which provides plan review and inspection for the off-site construction industry.
ICC NTA inspectors will now leverage Offsight's software to seamlessly track building code conformance and manage regular reporting and auditing in collaboration with their many client factories. Furthermore, Offsight will expedite client onboarding for all ICC NTA clients interested in leveraging Offsight's full software functionality to completely digitize quality, reporting and streamline collaboration with their ICC NTA inspector and other third-party project stakeholders.
"Our partnership with Offsight will be a huge value-add for ICC NTA's residential and commercial off-site clients. Our inspectors can verify building code conformance with real-time collaboration with our clients. It will also help our clients track and resolve issues and completely streamline a lot of the back, and forth that's lost with manual processes." said David Tompos, President of ICC NTA.
In addition to driving value for ICC NTA's clients, the partnership is also geared towards accelerating off-site construction growth. "Over 45% of the construction value chain is expected to be disrupted by off-site construction, and a vast majority of contractors have already made large investments in their off-site businesses and factories", said Offsight CEO Vikas Murali. "Companies who adopt a digital solution like Offsight early on can completely streamline their factory operations as they scale and set themselves up for growth and long-term success."
Both organizations believe that pairing software like Offsight with the industry knowledge and skill set for identifying and tracking building code conformance provided by ICC NTA can be a winning combination in helping factories scale operations. Ultimately, this partnership aims to help prefab, modular, and building product manufacturers invest and acquire more off-site projects each year.
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SOURCE Offsight | https://www.mysuncoast.com/prnewswire/2022/08/15/offsight-icc-nta-llc-announce-partnership-accelerate-off-site-construction-growth-by-digitizing-third-party-reporting-auditing-building-code-inspections/ | 2022-08-15T13:00:40Z |
HONOLULU, July 13, 2022 /PRNewswire/ -- Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank, will release its second quarter 2022 earnings on July 27, 2022, before the open of the New York Stock Exchange. Management will review the results by conference call and live audio webcast beginning at 1:00 p.m. Eastern Time (7:00 a.m. Hawaii Time) on July 27, 2022.
Interested parties may listen to the conference by calling 1-844-200-6205 (access code: 499388), or by listening to the webcast on the company's investor relations website at http://ir.cpb.bank. A replay of the call will be available through August 24, 2022 by dialing 1-866-813-9403 (access code: 673448) and on the company's website.
About Central Pacific Financial Corp.
Central Pacific Financial Corp. is a Hawaii-based bank holding company with approximately $7.3 billion in assets as of March 31, 2022. Central Pacific Bank, its primary subsidiary, operates 28 branches and 65 ATMs in the state of Hawaii. For additional information, please visit the Company's website at http://www.cpb.bank.
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SOURCE Central Pacific Financial Corp. | https://www.wibw.com/prnewswire/2022/07/13/central-pacific-financial-corp-announces-conference-call-discuss-second-quarter-2022-financial-results/ | 2022-07-14T00:45:05Z |
The user-friendly Factory Drive Recorder software from Omron lets engineers use different triggering methods to capture video around key production events and quickly identify the source of quality issues.
HOFFMAN ESTATES, Ill. , July 19, 2022 /PRNewswire/ -- Industry-leading automation solution provider Omron Automation Americas recently launched a new Factory Drive Recorder software that is fully compatible with the popular Omron M Series cameras. This easy-to-use solution helps engineers perform high-level corrective maintenance in the life science, automotive, semiconductor, electronics, machine tooling, and food and beverage industries.
Determining the causes of errors during production can be difficult and time-consuming due to a lack of readily available evidence leading up to and immediately following a precipitating event. Many traditional event capture systems are either too expensive to purchase or too complicated to set up, so companies must often have experts and dedicated personnel available to maintain and run them.
Factory Drive Recorder is designed to be an affordable, out-of-the-box solution that has the ability to record video up to 5 minutes before and after a designated incident based on a variety of triggers. It can monitor up to 8 cameras on a single system, allowing designers and engineers to monitor error detection at multiple locations when an incident occurs.
Engineers can utilize the following four triggering methods to prompt recording:
- Time-based (triggering every X period of time)
- Motion detection (e.g., when a door opens)
- Master image comparison
- Trigger signal (whether from a sensor, PLC, or another external source).
Factory Drive Recorder is designed to work seamlessly with Omron industrial cameras, and it has a significantly lower cost compared with traditional event capture software systems. It is compatible with the M Series GigE Vision and the M Series USB3 Vision. These cameras feature resolutions from 0.4 to 20 MP and frame rates as high as 527 FPS, including a multitude of high-end Sony Pregius sensors with Global Shutter.
Industrial professionals seeking economical and flexible event capture software to perform high-quality corrective maintenance can find more details here.
Omron Automation is an industrial automation partner that creates, sells and services fully integrated automation solutions that include sensing, control, safety, vision, motion, robotics and more. Established in 1933 and currently headed by President Yoshihito Yamada, Omron's about 30,000 employees help businesses solve problems with creativity in more than 110 countries. Learn more at http://automation.omron.com/.
MC: Amy Wang, amy.wang@omron.com
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SOURCE Omron Automation Americas | https://www.wibw.com/prnewswire/2022/07/19/new-omron-factory-drive-recorder-software-speeds-up-root-cause-identification-more-efficient-troubleshooting/ | 2022-07-19T18:15:09Z |
Another Quarter of Strong Results
Second quarter revenues of $429.3 million, up 40.6% year-over-year
IFRS Diluted EPS of $0.87 for the second quarter
Non-IFRS Diluted EPS of $1.22 for the second quarter
LUXEMBOURG, Aug. 18, 2022 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native technology services company, today announced results for the three and six months ended June 30, 2022.
Please see highlights below, including certain Non-IFRS measures. Note that reconciliations between Non-IFRS financial measures and IFRS operating results are disclosed at the end of this press release.
Second Quarter 2022 Financial Highlights
- Revenues rose to $429.3 million, representing 40.6% year-over-year growth.
- IFRS Gross Profit Margin was 37.6% compared to 38.0% in the second quarter of 2021.
- Non-IFRS Adjusted Gross Profit Margin was 39.1% compared to 39.3% in the second quarter of 2021.
- IFRS Profit from Operations Margin was 11.4% compared to 10.1% in the second quarter of 2021.
- Non-IFRS Adjusted Profit from Operations Margin was 16.1% compared to 16.2% in the second quarter of 2021.
- IFRS Diluted EPS was $0.87 compared to $0.48 in the second quarter of 2021.
- Non-IFRS Adjusted Diluted EPS was $1.22 compared to $0.88 in the second quarter of 2021.
Six months ended June 30, 2022 Financial Highlights
- Revenues rose to $830.6 million, representing 44.4% year-over-year growth.
- IFRS Gross Profit Margin was 37.8% compared to 38.1% in the first six months of 2021.
- Non-IFRS Adjusted Gross Profit Margin was 39.3% compared to 39.4% in the first six months of 2021.
- IFRS Profit from Operations Margin was 12.0% compared to 10.6% in the first six months of 2021.
- Non-IFRS Adjusted Profit from Operations Margin was 16.5% compared to 16.4% in the first six months of 2021.
- IFRS Diluted EPS was $1.72 compared to $1.01 in the first six months of 2021.
- Non-IFRS Adjusted Diluted EPS was $2.41 compared to $1.71 in the first six months of 2021.
Other Metrics as of and for the quarter ended June 30, 2022
- Cash and cash equivalents and Short-term investments were $361.7 million as of June 30, 2022, a decrease of $98.7 million from $460.4 million as of December 31, 2021, driven by seasonal impacts of tax and bonus payments, and M&A earnout payments. As of June 30, 2022, our credit facility was fully undrawn.
- Globant completed the second quarter of 2022 with 25,924 Globers, 24,410 of whom were technology, design and innovation professionals.
- The geographic revenue breakdown for the second quarter of 2022 was as follows: 64.5% from North America (top country: US), 23.8% from Latin America (top country: Argentina), 9.7% from EMEA (top country: Spain) and 2.0% from Asia and Oceania (top country: India).
- In terms of currencies, 79.0% of Globant's revenues for the second quarter of 2022 were denominated in US dollars.
- During the twelve months ended June 30, 2022, Globant served a total of 1,043 customers (with revenues over $10,000 in the last twelve months) and continued to increase its wallet share, with 233 accounts generating more than $1 million of annual revenues, compared to 154 for the same period one year ago.
- Globant's top customer, top five customers and top ten customers for the second quarter of 2022 represented 10.5%, 25.7% and 36.7% of revenues, respectively.
"In the eight years since our IPO, Globant has consistently delivered industry leading growth with an approximate 31% revenue CAGR. We will keep to our growth mindset as Globant expands in its geographies, reinvention offering and array of platforms. We continue to experience increasing demand for our services. Business leaders are seeking new and improved ways to reach broader audiences and gain efficiencies. To address this demand, we have recently launched our new Retail and Automotive Studios, which will expand the scope of our offerings, and our new Fast Code Studio, addressing a profound transformation in software development," said Martín Migoya, Globant's CEO and co-founder.
"We are happy to share with you our solid financial results for the second quarter of 2022. We delivered another quarter of industry-leading revenue growth, coupled with high levels of profitability and cash generation. Second quarter revenues reached $429.3 million, an increase of 40.6% compared to the second quarter of 2021. On a constant currency basis, second quarter revenue growth was 42.1% year over year; 1.5 percentage points above our headline figure. In organic terms, we posted a 36.6% year-over-year top-line growth. This elevated level of top-line growth continues to reflect the robust demand for our services. Clients continue to choose Globant for our technical capabilities, the speed in which we deliver value to our customers, and the scale of the digital engagements we are able to provide. With this in mind, we continue to be confident in our ability to drive strong growth and robust levels of profitability, as well as maintain a solid balance sheet position," explained Juan Urthiague, Globant's CFO.
2022 Third Quarter and Full Year Outlook
Based on current market conditions, Globant is providing the following estimates for the third quarter and the full year of 2022:
- Third quarter 2022 Revenues are estimated to be at least $456 million, or 33.4% year-over-year growth. This expected growth includes a negative FX impact of 2.0 percentage points.
- Third quarter 2022 Non-IFRS Adjusted Profit from Operations Margin is estimated to be in the range of 16%-17%.
- Third quarter 2022 Non-IFRS Adjusted Diluted EPS is estimated to be at least $1.24 (assuming an average of 42.9 million diluted shares outstanding during the third quarter).
- Fiscal year 2022 Revenues are estimated to be at least $1,775 million, or 36.8% year-over-year growth. This expected revenue growth includes a negative FX impact of 3.0 percentage points.
- Fiscal year 2022 Non-IFRS Adjusted Profit from Operations Margin is estimated to be in the range of 16%-17%.
- Fiscal year 2022 Non-IFRS Adjusted Diluted EPS is estimated to be at least $5.03 (assuming an average of 42.9 million diluted shares outstanding during 2022).
Conference Call and Webcast
Martín Migoya and Juan Urthiague will discuss the second quarter 2022 results in a video conference call today beginning at 4:30pm ET.
Video conference call access information is:
https://more.globant.com/F2Q22EarningsCall
Webcast http://investors.globant.com/
About Globant (NYSE:GLOB)
We are a digitally native company that helps organizations reinvent themselves to create a way forward and unleash their potential. We are the place where innovation, design and engineering meet scale.
We have more than 25,900 employees and we are present in 20 countries working for companies like Google, Rockwell Automation, Electronic Arts and Santander, among others.
We were named a Worldwide Leader in CX Improvement by IDC MarketScape report. We were also featured as a business case study at Harvard, MIT and Stanford. We are a member of the Cybersecurity Tech Accord.
For more information, please visit www.globant.com
Non-IFRS Financial Measures
While the financial figures included in this press release have been computed in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board ("IASB") applicable to interim periods, this announcement does not contain sufficient information to constitute an interim financial report as defined in International Accounting Standards 34, "Interim Financial Reporting" nor a financial statement as defined by International Accounting Standards 1 "Presentation of Financial Statements". The financial information in this press release has not been audited.
Globant provides non-IFRS financial measures in addition to reported IFRS results prepared in accordance with IFRS. Management believes these measures help illustrate underlying trends in the company's business and uses the non-IFRS financial measures to establish budgets and operational goals, communicated internally and externally, for managing the company's business and evaluating its performance. The company anticipates that it will continue to report both IFRS and certain non-IFRS financial measures in its financial results, including non-IFRS measures that exclude share-based compensation expense, depreciation and amortization, impairment of non-financial assets, acquisition-related charges, COVID-19 related charges and the related effect on income taxes of the pre-tax adjustments. Because the company's non-IFRS financial measures are not calculated according to IFRS, these measures are not comparable to IFRS and may not necessarily be comparable to similarly described non-IFRS measures reported by other companies within the company's industry. Consequently, Globant's non-IFRS financial measures should not be evaluated in isolation or supplant comparable IFRS measures, but, rather, should be considered together with its condensed interim consolidated statements of financial position as of June 30, 2022 and December 31, 2021 and its condensed interim consolidated statement of comprehensive income for the three and six months ended June 30, 2022 and 2021, prepared in accordance with International Accounting Standard (IAS) 34, Interim Financial Reporting.
Globant is not providing a quantitative reconciliation of forward-looking Non-IFRS Adjusted Profit from Operations Margin or Non-IFRS Adjusted Diluted EPS to the most directly comparable IFRS measure because it is unable to predict with reasonable certainty the ultimate outcome of certain significant items without unreasonable effort. These items include, but are not limited to, share-based compensation expense, impairment of assets, acquisition-related charges, and the tax effect of non-IFRS adjustments. These items are uncertain, depend on various factors, and could have a material impact on IFRS reported results for the guidance period.
Forward Looking Statements
In addition to historical information, this release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "should," "plan," "expect," "predict," "potential," or the negative of these terms or other similar expressions. These statements include, but are not limited to, statements regarding our future financial and operating performance, including our outlook and guidance, and our strategies, priorities and business plans. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. Factors that could impact our actual results include: the impact and duration of the COVID-19 pandemic; our ability to maintain current resource utilization rates and productivity levels; our ability to manage attrition and attract and retain highly-skilled IT professionals; our ability to accurately price our client contracts; our ability to achieve our anticipated growth; our ability to effectively manage our rapid growth; our ability to retain our senior management team and other key employees; our ability to continue to innovate and remain at the forefront of emerging technologies and related market trends; our ability to retain our business relationships and client contracts; our ability to manage the impact of global adverse economic conditions; our ability to manage uncertainty concerning the instability in the current economic, political and social environment in Latin America; and other factors discussed under the heading "Risk Factors" in our most recent Form 20-F filed with the U.S. Securities and Exchange Commission and any other risk factors we include in subsequent reports on Form 6-K.
Because of these uncertainties, you should not make any investment decisions based on our estimates and forward-looking statements. Except as required by law, we undertake no obligation to publicly update any forward-looking statements for any reason after the date of this press release whether as a result of new information, future events or otherwise.
Globant S.A.
Condensed Interim Consolidated Statement of Comprehensive Income
(In thousands of U.S. dollars, except per share amounts, unaudited)
Globant S.A.
Condensed Interim Consolidated Statements of Financial Position as of June 30, 2022 and December 31, 2021
(In thousands of U.S. dollars, unaudited)
Globant S.A.
Selected Cash Flow Data
(In thousands of U.S. dollars, unaudited)
Globant S.A.
Supplemental Non-IFRS Financial Information
(In thousands of U.S. dollars, unaudited)
(a) Acquisition-related charges include, when applicable, amortization of purchased intangible assets included in depreciation and amortization expense line on our condensed interim consolidated statements of comprehensive income, external deal costs, acquisition-related retention bonuses, integration costs, changes in the fair value of contingent consideration liabilities, charges for impairment of acquired intangible assets and other acquisition-related costs. We cannot provide acquisition-related charges on a forward-looking basis without unreasonable effort as such charges may fluctuate based on the timing, size, and complexity of future acquisitions as well as other uncertainty inherent in mergers and acquisitions.
(b) COVID-19 related charges include, when applicable, bad debt provision related to the effect of COVID-19 on our customers businesses, donations and other expenses directly attributable to the pandemic that are both incremental to charges incurred prior to the outbreak and not expected to recur once the crisis has subsided and operations return to normal and clearly separable from normal operations. Moreover, these charges also include rent concessions that we were granted due to the pandemic environment.
Globant S.A.
Schedule of Supplemental Information (unaudited)
(*) Represents customers with more than $10,000 in revenues in the last twelve months.
Investor Relations Contact:
Arturo Langa, Globant
investors@globant.com
+1 (877) 215-5230
Media Contact:
Wanda Weigert, Globant
pr@globant.com
+1 (877) 215-5230
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SOURCE Globant | https://www.kxii.com/prnewswire/2022/08/18/globant-reports-2022-second-quarter-financial-results/ | 2022-08-18T20:58:39Z |
Press group: Ukraine journalist, soldier ‘coldly executed’
KYIV, Ukraine (AP) — A Ukrainian photojournalist and a soldier who was accompanying him when they were killed in the first weeks of Russia’s invasion appear to have been “coldly executed” as they were searching Russian-occupied woodlands for the photographer’s missing image-taking drone, Reporters Without Borders said Wednesday, citing its findings from an investigation into their deaths.
The press freedom group said it went back to the spot where the bodies of Maks Levin and serviceman Oleksiy Chernyshov were found April 1 in woods north of the capital, Kyiv. The group said it counted 14 bullet holes in the burned hulk of their car still at the scene.
The group said disused Russian positions, one of them still bobby-trapped, were found close by. Also found were the remains of food rations, cigarette packets and other litter seemingly left by Russian soldiers.
Some of Levin and Chernyshov’s belongings, including the soldier’s ID papers and parts of his bulletproof vest and the photographer’s helmet, were also recovered, it said.
A Ukrainian team with metal detectors also uncovered a bullet buried in the soil where Levin’s body had lain, it said. The group said that finding suggests “he was probably killed with one, perhaps two bullets fired at close range when he was already on the ground.”
A jerrycan for gasoline was also found close to where Chernyshov’s burned body had been recovered, it added.
Reporters Without Borders said its findings “show that the two men were doubtless coldly executed.”
Levin and Chernyshov were last heard from on March 13. A GPS tracker in their vehicle gave their last position, in woods north of Kyiv, the group said.
It said Levin had lost his drone in the area on March 10 and hadn’t been able to recover it because he’d come under Russian fire. Drones have become a common tool for photojournalists to get aerial photos and video.
Reporters Without Borders said Levin had on occasion shared information gleaned from his drone, including about Russian positions, with Ukrainian forces.
“But the use of his drone was first and foremost a journalistic endeavor, confirmed by his entourage and shown by the images sold to the media since the start of the Russian invasion,” it said.
The group speculated that Levin may have been hunting for his drone when he and Chernyshov were killed.
The group said it turned over evidence it collected and dozens of photos to Ukrainian investigators.
The group said it was unable to confirm whether the men’s bodies have been autopsied — a step it called essential for the investigation into their deaths.
It also appealed for Ukrainian defense and intelligence agencies to provide investigators with whatever information they have about Russian units that had occupied the area during Moscow’s failed assault on Kyiv in the initial stages of the four-month war.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/22/press-group-ukraine-journalist-soldier-coldly-executed/ | 2022-06-22T06:10:10Z |
LAGUNA BEACH, Calif., Sept. 6, 2022 /PRNewswire/ -- Strikepoint Media, LLC.— an industry leader in digital marketing, media buying, customer acquisition, and creative production—is delighted to be ranked #2563 on the annual INC 5000 list, the most prestigious ranking of the nation's fastest-growing private companies.
This marks the second time that Strikepoint Media has been named to the INC 5000, having previously been featured in 2020.
"I am so grateful and honored to be a part of such a prestigious group of entrepreneurs and business owners. All the success we've created is owed to the hard work, grit, and determination of our team and their desire to be the best" said Jeremy Blossom, CEO & Co-Founder of Strikepoint Media.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
This accomplishment ranks Strikepoint Media in the top 0.07% of all private companies in America in terms of revenue growth.
Companies on the INC 5000 list are ranked according to percentage revenue growth from 2018 through 2021. For a complete list of the INC 5000, including company profiles and an extensive database that can be sorted and filtered by industry and region, visit https://www.inc.com/inc5000/2022.
To learn more about Strikepoint Media or to inquire about digital marketing services, visit strikepointmedia.com today.
Strikepoint Media was founded in 2013 and has quickly grown into a leader in the digital marketing industry, with more than $1 Billion in revenue generated for their clients. With clients all over the globe, they specialize in media buying, lead generation, funnel building, branding, creative production, website design and development.
Contact:
Bradley Simon
949.540.9998
bradley@strikepointmedia.com
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SOURCE Strikepoint Media | https://www.kxii.com/prnewswire/2022/09/06/strikepoint-media-named-inc-5000s-fastest-growing-companies/ | 2022-09-06T17:37:03Z |
US overdose deaths hit record 107,000 last year, CDC says
NEW YORK (AP) — More than 107,000 Americans died of drug overdoses last year, setting another tragic record in the nation’s escalating overdose epidemic, the Centers for Disease Control and Prevention estimated Wednesday.
The provisional 2021 total translates to roughly one U.S. overdose death every 5 minutes. It marked a 15% increase from the previous record, set the year before. The CDC reviews death certificates and then makes an estimate to account for delayed and incomplete reporting.
Dr. Nora Volkow, director of the National Institute on Drug Abuse, called the latest numbers “truly staggering.”
The White House issued a statement calling the accelerating pace of overdose deaths “unacceptable” and promoting its recently announced national drug control strategy. It calls for measures like connecting more people to treatment, disrupting drug trafficking and expanding access to the overdose-reversing medication naloxone.
U.S. overdose deaths have risen most years for more than two decades. The increase began in the 1990s with overdoses involving opioid painkillers, followed by waves of deaths led by other opioids like heroin and — most recently — illicit fentanyl.
Last year, overdoses involving fentanyl and other synthetic opioids surpassed 71,000, up 23% from the year before. There also was a 23% increase in deaths involving cocaine and a 34% increase in deaths involving meth and other stimulants.
Overdose deaths are often attributed to more than one drug. Some people take multiple drugs and inexpensive fentanyl has been increasingly cut into other drugs, often without the buyers’ knowledge, officials say.
“The net effect is that we have many more people, including those who use drugs occasionally and even adolescents, exposed to these potent substances that can cause someone to overdose even with a relatively small exposure,” Volkow said in a statement.
Experts say the COVID-19 pandemic has exacerbated the problem as lockdowns and other restrictions isolated those with drug addictions and made treatment harder to get.
Overdose death trends are geographically uneven. Alaska saw a 75% increase in 2021 — the largest jump of any state. In Hawaii, overdose deaths fell by 2%.
___
The Associated Press Health & Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/11/us-overdose-deaths-hit-record-107000-last-year-cdc-says/ | 2022-05-11T15:39:17Z |
Johnny Depp testifies about his finger getting severed in defamation case against Amber Heard
By Marianne Garvey, CNN
Actor Johnny Depp resumed his testimony in a Fairfax, Virginia court in his defamation case against his ex-wife Amber Heard on Wednesday.
Depp discussed the changing nature of his relationship with Heard. He accused Heard of name calling and making demeaning comments about him at times in their relationship that would escalate to arguments.
“I was not allowed to be right, not allowed to have a voice,” Depp said.
An argument between the former couple in 2015 ended with Depp seeking medical care for a severed finger after, he claims, Heard threw a bottle of vodka at him.
“She threw the large bottle and it made contact [with his hand] and shattered everywhere,” Depp testifed. “Then I looked down and realized that my tip of my finger had been severed.”
“I don’t know what I nervous breakdown feels like,” Depp added. “But that’s probably the closest I had ever been.”
Heard has denied the claim.
‘I wanted to try to make it work’
In his roughly three-hour testimony on Tuesday, the Oscar-nominated star spoke in detail about Heard’s allegations of domestic abuse, his history with substance abuse and his experiences growing up with an abusive mother.
“You slowly realize you’re in a relationship with your mother, in a sense,” Depp testified Wednesday about his dynamic with Heard, comparing the abuse he says he experienced by his mother to Heard’s alleged abuse.
Depp’s attorney asked him why he stayed with Heard as their relationship deteriorated.
“I wanted to try to make it work,” he said.
“Ms. Heard had spoken of suicide on a couple of occasions, so that also becomes a factor, that’s something that lives in the back of your brain,” Depp said.
The actor, known for his work in the “Pirates of the Caribbean” franchise, is suing Heard for $50 million over a 2018 Washington Post op-ed in which she wrote about her experience with domestic abuse. She did not name Depp in the piece, but he claims it cost him lucrative film work.
Depp has maintained his innocence and testified that while he and Heard had arguments during their relationship, he has never “struck a woman.”
In his lengthy second day of testimony, Depp discussed his tattoos, telling the court Heard would make fun of some of them, which he equated to keeping a journal of his life.
He referenced a “Winona forever” tattoo, which Depp said he got for his former-girlfriend, actress Winona Ryder, but changed it to “Wino forever” after they broke up. He said Heard didn’t like it.
“I took off the last two letters and had it say ‘Wino forever,'” Depp said, adding, “I thought through pain comes humor. Humor has to come in there into the pain and that’s how you play it out in the mind… so I changed it to ‘Wino forever.'”
He said that Heard wanted him to get a tattoo of her own name, which he eventually did.
“And ironically it wasn’t long after that that everything started going sideways,” Depp said.
“I was doing everything I could to bring a smile to her face as opposed to a frown and then the onslaught of whatever problems she was experiencing,” he said. “I would try to wake her up with laughter, singing stupid songs in her ear. I generally just tried to keep bringing her mood up. Sometimes it worked, many times it didn’t. But I tried.”
Depp gave further about his use of oxycodone during the time he was with Heard and symptoms of withdrawal he would experience when he went through detox.
A contentious split
Depp and Amber met on the set of “The Rum Diary” in 2009, married in 2015 and went to a contentious split, with charges of bad behavior levied by both sides.
The couple settled their divorce in August 2016, releasing a joint statement which read in part, “Our relationship was intensely passionate and at times volatile, but always bound by love.”
Heard had been unsuccessful in her attempts to get the suit dismissed. She filed a $100 million defamation countersuit against Depp in 2020, which is ongoing.
In 2020, Depp lost a libel case in the UK against News Group Newspapers and Dan Wootton, executive editor of The Sun, over an article that claimed Depp was violent toward Heard during their relationship. The court ruled in the publisher’s favor, determining the tabloid’s claims were shown to be “substantially true.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
Chloe Melas, Lisa France and Sandra Gonzalez contributed to this story. | https://localnews8.com/entertainment/cnn-entertainment/2022/04/20/johnny-depp-resumes-testimony-in-defamation-case-against-amber-heard-2/ | 2022-04-20T19:38:15Z |
ATLANTA, Aug. 15, 2022 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today its Board of Directors declared a regular quarterly cash dividend of eighty-nine and one-half cents ($0.895) per share on the Company's common stock.
The dividend is payable October 3, 2022 to shareholders of record September 2, 2022.
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. The Company's Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal. The Company's Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. In total, the Company serves its global customers from an extensive network of more than 10,000 locations in 17 countries and has approximately 53,000 employees. Further information is available at www.genpt.com.
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SOURCE Genuine Parts Company | https://www.wibw.com/prnewswire/2022/08/15/genuine-parts-company-declares-regular-quarterly-dividend/ | 2022-08-15T21:56:58Z |
HackerRank doubles down on innovation with appointment of new CMO Monica Ohara
MOUNTAIN VIEW, Calif., July 26, 2022 /PRNewswire/ -- HackerRank, the leading developer skills company, today announced the appointment of Monica Ohara as Chief Marketing Officer. Ohara is a proven leader in marketing and business strategy, with experience driving hypergrowth for technology companies like Lyft (which acquired her startup, DataScore), WordPress.com (Automattic), and SpeedDate (acquired by Match.com/IAC). She will lead HackerRank's global marketing, branding and demand generation initiatives, reporting to co-founder and CEO Vivek Ravisankar.
Ohara joins HackerRank on the heels of a tremendous year of growth and a $60 million round of funding announced in March. With her entrepreneurial background and experience building strong growth teams, Ohara is uniquely positioned to help HackerRank's customers raise their hiring bars and find the talent they need to thrive.
"HackerRank has transformed the way companies hire technical talent, and I'm excited to work with the foremost authority on developer skills," Ohara said. "Companies need top talent more than ever, and it's a huge competitive advantage to build strong, highly skilled teams that continue to level up after they are hired."
This year, HackerRank is focused on expanding its platform to support screening and interviewing for the newest, most in-demand developer skill sets. In her new role, Ohara will lead many of these efforts, while supporting customers as they invest in innovation and navigate the challenges of the current hiring market.
"HackerRank was built on the ethos of leveling the playing field for developers across every aspect of their career journey, all based on skills over pedigree," said Vivek Ravisankar, HackerRank co-founder and CEO. "Monica embodies that same ethos in the way she builds teams and how she looks at the world. I'm thrilled to partner with her to effect real change and accelerate the world's innovation."
About HackerRank
Trusted by over 40% of the global developer population, HackerRank is the leading developer skills company, helping businesses attract, evaluate and hire the best technical talent from around the world. Over 3,000 customers across industries, including over 25% of the Fortune 100, rely on HackerRank to raise their hiring bars. The HackerRank developer community has over 21 million members who trust HackerRank to advance and showcase their coding skills. For more information, visit www.hackerrank.com.
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SOURCE HackerRank | https://www.wibw.com/prnewswire/2022/07/26/hackerrank-names-monica-ohara-chief-marketing-officer/ | 2022-07-26T18:14:13Z |
DALIAN, China, Aug. 9, 2022 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the second quarter and first half ended June 30, 2022 on Monday, August 15, 2022, before the U.S. market opens.
CBAK's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Monday, August 15, 2022 (8:00 PM Beijing/Hong Kong Time on August 15, 2022).
For participants who wish to join the call, please register in advance for the conference using the link provided below at least 15 minutes prior to the scheduled call start time. Upon registration, participants will receive the conference call access information, including dial-in numbers, a personal pin and an email with detailed instructions to join the conference call.
Participant Online Registration:
Once completing the registration, please dial-in at least 10 minutes before the scheduled start time of the conference call and enter the personal pin as instructed to connect to the call.
A replay of the conference call may be accessed within seven days after the conclusion of the live call at the following website:
About CBAK Energy
CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium batteries and raw materials for use in manufacturing high power lithium batteries. The applications of the Company's products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing and Shaoxing, as well as a large-scale R&D and production base in Dalian.
For more information, please visit www.cbak.com.cn.
Safe Harbor Statement
This press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, 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. We have attempted to identify forward-looking statements by terminology including "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.
Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management's current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, trading in our securities may be prohibited under the Holding Foreign Companies Accountable Act if the PCAOB subsequently determines our audit work is performed by auditors that the PCAOB is unable to inspect or investigate completely for three consecutive years, the effects of the global Covid-19 pandemic, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China's legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain market for the Company's lithium battery cells and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of our products and solutions that we discussed or referred to in the Company's disclosure documents filed with the U.S. Securities and Exchange Commission (the "SEC") available on the SEC's website at www.sec.gov, including the Company's most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.
For investor and media inquiries, please contact:
In China:
CBAK Energy Technology, Inc.
Investor Relations Department
Mr. Thierry Jiewei Li
Phone: 86-18675423231
Email: ir@cbak.com.cn
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SOURCE CBAK Energy Technology, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/09/cbak-energy-report-second-quarter-amp-first-half-2022-unaudited-financial-results-monday-august-15-2022/ | 2022-08-09T13:41:25Z |
KWANONGOMA, South Africa (AP) — South Africa’s ethnic Zulu nation is preparing to host a coronation event for its new traditional king amid internal divisions that have threatened to tear the royal family apart.
King Misuzulu ka Zwelithini, a son of the late King Goodwill Zwelithini who died in March last year, will on Saturday undergo the traditional ritual known as ukungena esibayeni (entering the royal village) to mark his installation as the new leader of the Zulu nation.
The Zulu ethnic group is South Africa’s largest with more than 12 million people who are mainly located in the coastal province of KwaZulu-Natal.
The Zulu nation is historically recognized as having waged fierce resistance to British colonialism under King Shaka Zulu from 1816 to 1828.
The ceremony is expected to be attended by thousands of Zulu people including members of the royal family, traditional leaders of other ethnic groups and members of the Zulu nation.
It will proceed despite challenges from some members of the royal family who insist that Misuzulu is not the rightful heir to the throne.
Misuzulu is the eldest son of Zwelithini with his third wife Queen Mantfombi Dlamini-Zulu, who is said to enjoy an elevated status among his six wives as she was born from the royal house of Eswatini (formerly known as Swaziland), the last remaining absolute monarchy in Africa.
Queen Dlamini-Zulu held the title of Regent of the Zulu nation after her husband’s death but died about a month later, naming her eldest son Misuzulu as the successor in her will.
However, some members of the royal family are opposed to Misuzulu as the successor, recognizing his eldest brother, Simagade Zulu ka Zwelithini, as the rightful heir instead.
Last weekend, the rival family faction held the ukungena esibayeni ceremony for Simagade even though it was not recognized by the rest of the royal family’s elders who support Misuzulu as the rightful king.
To further confuse the situation, on Thursday Zwelithini’s three brothers held a press conference in Johannesburg where they announced another of their brothers, Buzabazi kaZwelithini, as their preferred heir to the throne.
The late king reportedly fathered 28 children with his six wives.
The South African government recognizes Misuzulu as the rightful heir to the throne and is set to award him a recognition certificate at a date still to be determined.
The position of King of the Zulu nation is an influential one in KwaZulu-Natal province as a custodian of the ethnic group’s traditional customs.
The king also wields control over vast swathes of land, estimated at 30% of KwaZulu-Natal or 10,810 square miles, through the Ingonyama Trust of which he is the sole trustee. | https://cw33.com/news/international/ap-international/south-africas-zulu-nation-to-host-celebration-for-new-king/ | 2022-08-19T22:24:43Z |
BOSTON, Aug. 19, 2022 /PRNewswire/ -- Inc. magazine today revealed that Connectbase is No. 1220 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment — its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"The network connectivity procurement process today is challenging and not aligned to the customer experience in the digital world driving bandwidth demand," states Ben Edmond, Founder and CEO at Connectbase. "There are an infinite number of challenges that continue to plague and cost the industry billions. While providers and end-users have tolerated this best-effort, inefficient and time-consuming process, the world has changed, and a lengthy procurement experience is often a deal-breaker. Connectbase has solved for that and made connectivity procurement a real customer experience differentiator. To be recognized on the Inc. 5000 list is an amazing feeling and, as I've said before, a direct result of the quality of our technology and the people that operate this business each day."
The Connected World brings buyers and sellers together, connecting over 1.7 billion locations across 147 countries today and growing faster than any other connectivity ecosystem in the market. The buyers generate millions of quotes per month, representing billions in global connectivity spend. The power of being connected has never mattered more, as the digital economy does not work without the underlying connectivity. Connectbase and its ecosystem partners enable us to work, learn and live in the digital world.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc." Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
Over the past 3 years, Connectbase has increased its data platform scale by 30X, its customers and revenue by more than 5X, and has increased the number of quotes The Connected World has generated by 1000%. The company now has over 3,000 providers with automation within The Connected World ecosystem, covering more than 1.7 billion locations.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
Connectbase is The Industry Cloud for Connectivity. The Connected World platform details and displays deep, trusted location-based insight and empowers users to leverage that insight to automate network buying and selling processes. Visit Connectbase at www.connectbase.com and follow us on LinkedIn at https://www.linkedin.com/company/connectbase-us/.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. Magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc.
For more information, visit www.inc.com. For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
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SOURCE Connectbase | https://www.wibw.com/prnewswire/2022/08/19/inc-5000-ranks-connectbase-one-fastest-growing-private-companies-america-second-consecutive-year/ | 2022-08-19T14:39:01Z |
Pope Francis apologizes for Catholic Church’s role in Canadian residential school system
By Brooklyn Neustaeter
Click here for updates on this story
ROME/TORONTO (CTV Network) — Pope Francis has apologized to a group of Indigenous delegates for the Catholic Church’s role in Canada’s residential school system and asked for forgiveness.
After private meetings between Pope Francis and First Nations, Inuit and Metis delegates this week, all parties met the Pope at the Vatican on Friday.
Speaking in Italian, the pontiff asked for God’s forgiveness for the “deplorable conduct” of members of the Catholic Church, recognizing the wrongs done to Indigenous in residential schools.
“I want to say to you with all my heart: I am very sorry,” Francis said during the final meeting with delegates.
“And I join my brothers, the Canadian bishops in asking your pardon.”
The Pope added that he was “indignant” and “ashamed” of the abuses suffered in Canada’s church-run residential schools.
Approximately 190 people, including delegates, family and supporters, gathered to share spiritual practices, including prayers and traditional songs, and hear the Pope’s words during the final address.
Pope Francis also vowed to travel to Canada. An official date has not been set for the trip, but the Pope said he hoped to visit Canada “in the days” around the Feast of St. Anna, which falls on July 26 and is dedicated to Christ’s grandmother.
Many residential school survivors have said an apology would be more meaningful if Pope Francis travelled to Canada for it.
During Thursday’s meeting, the First Nation delegation gave the Pope cultural gifts, including Moccasins, an eagle feather and a cradle board, intended as a sign of peace and an example of First Nations culture persisting despite assimilation attempts.
The delegation said they tasked the Pope with taking care of the cradle board overnight, with the hope he will return it when he meets with all three Indigenous groups on Friday, in a sign of his commitment to reconciliation. It is unclear if the board has been returned or if the Pope will return it when he comes to Canada.
In meetings earlier this week, the groups of Indigenous delegates shared stories of loss and abuse, and told the Pope they wanted him to understand how they’ve been shaped by the legacy of the Catholic Church and Canada’s residential school system, as well as the impact of that system on subsequent generations.
During Friday’s meeting, delegates presented Pope Francis with gifts, including snow shoes and a bound book of Metis stories.
Beginning in the late 1800s, approximately 150,000 Indigenous children were separated from their families and forced to attend residential schools, facilities that aimed to replace their languages and culture with English and Christian beliefs. The schools were set up by the Canadian government and most were run by the Catholic Church.
Numerous cases of abuse and at least 4,100 deaths have been documented at the former residential schools, where thousands of confirmed and unmarked graves have been found. Canada’s last residential school closed in 1996.
Since the late 1980s, several apologies have been made by different church groups, including former prime minister Stephen Harper in 2008 and the RCMP in 2004 and 2014 — each acknowledging their role in the operation of residential schools.
In 2017, during a meeting with Pope Francis at the Vatican, Prime Minister Justin Trudeau asked the head of the Catholic Church to apologize for its involvement in Canada’s residential school system. But the following year, the church issued a letter stating the Pope would not deliver an apology.
Speaking to reporters in Saint Peter’s Square following Friday’s address from the Pope, Assembly of First Nations delegation lead Chief Gerald Antoine said the meeting gave those involved the opportunity to “humanize with each other.”
He added that it was an important moment for Indigenous delegates to feel “seen” by the Catholic Church as humans – something they were not afforded during their time at residential schools.
“Our message to the world is that we are all in this together. We’re human beings. Let’s work together to humanize the way we need to with Mother Earth,” Antoine said.
With files from The Canadian Press, as well as CTVNews.ca writers Daniel Otis and Jennifer Ferreira
—
If you are a former residential school student in distress, or have been affected by the residential school system and need help, you can contact the 24-hour Indian Residential Schools Crisis Line at 1-866-925-4419, or the Indian Residential School Survivors Society toll free line at 1-800-721-0066.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
Sonja Puzic | https://localnews8.com/cnn-regional/2022/04/01/pope-francis-apologizes-for-catholic-churchs-role-in-canadian-residential-school-system/ | 2022-04-01T15:12:47Z |
Airlines can deploy agents anywhere inside and outside the airport while developing new self-service options within 24 hours
PARIS , June 15, 2022 /PRNewswire/ -- SITA today announced the launch of SITA Flex-as-a-Service, a next-generation "beyond common-use" platform that allows airlines to provide a completely mobile experience to passengers while enabling the flexibility to rapidly respond to passenger's changing needs.
With passenger numbers ramping up sharply in many parts of the world, airlines and airports have been hard-pressed to respond quickly. SITA Flex APIs will enable airlines to create new and bespoke passenger processing features and streamline their app development process, allowing them to scale far faster than in the past. Airlines no longer need to undergo lengthy and costly certification through their common-use providers to ensure smooth integration, giving them the freedom to deploy their applications how and when they like.
The speed of deployment was demonstrated in a recent hackathon hosted by SITA and Microsoft where developers were able to build a working application within 24 hours. This means airlines can implement new services such as self-service bag tagging within days.
Building on a long-standing partnership with Microsoft, SITA Flex uses Microsoft Azure, providing users the full benefit of the cloud without the constraints of a traditional common-use environment. Airline staff can now also be completely mobile, untethered from fixed points in the airport such as a check-in counter or kiosk. Agents can use their airline's applications on a mobile device, anywhere.
This would allow staff to check-in passengers in remote locations or launch agent-roaming services in minutes to manage traffic peaks or irregular operations. Together these benefits offer airlines the tools to better manage rapid changes in the airport without sacrificing the passenger experience.
Drew Griffiths, Head of SITA AT AIRPORTS, said: "As the air transport industry moves towards a mobile-first passenger experience, we're excited by the agility and freedom that SITA Flex offers our customers, deploying their applications without needing to first certify changes and therefore reducing costs. For the passenger it means a rich, fluid, and convenient experience, using their mobile phone as a remote control for travel to easily manage things like check in and printing bag tags."
SITA has already seen strong interest from numerous airline customers and is currently conducting proof of concept trials in airports globally.
SITA photos available here: http://www.sita.aero/pressroom/image-gallery and videos and info graphics here: http://www.sita.aero/pressroom
SITA is the air transport industry's IT provider, delivering solutions for airlines, airports, aircraft and governments. Our technology powers more seamless, safe and sustainable air travel.
With around 2,500 customers, SITA's solutions drive operational efficiencies at more than 1,000 airports while delivering the promise of the connected aircraft to customers of 17,000 aircraft globally. SITA also provides technology solutions that help more than 70 governments strike the balance of secure borders and seamless travel. Our communications network connects every corner of the globe and bridges 60% of the air transport community's data exchange.
SITA is 100% owned by the industry and driven by its needs. It is one of the most internationally diverse companies, providing services in over 200 countries and territories.
For further information, go to www.sita.aero
Photo- https://mma.prnewswire.com/media/1839792/SITA.jpg
Logo - https://mma.prnewswire.com/media/1839793/SITA_Logo.jpg
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SOURCE SITA | https://www.kxii.com/prnewswire/2022/06/15/sita-flex-as-a-service-helps-airlines-rapidly-scale-passenger-operations-traffic-numbers-surge/ | 2022-06-15T08:35:25Z |
LONDON, Aug. 4, 2022 /PRNewswire/ -- Smith+Nephew (LSE: SN) (NYSE: SNN), the global medical technology company, today announces that the OXINIUM Technology Tour of Change mobile exhibit will make a stop at the Pro Football Hall of Fame during its enshrinement weekend in Canton, Ohio from August 4-6. As the official joint replacement technology of the Pro Football Hall of Fame, Smith+Nephew is committed to educating retired players, their families, and the community about the differences in material, design and technology to consider when selecting a hip or knee replacement. Smith+Nephew is partnering with the Hall of Fame Health network of Elite Care centers to ensure that patients including former professional football players across the country have access to Smith+Nephew products and technologies.
Over the past 20 years, in over two million cases, OXINIUM Technology has established itself as the best performing bearing with the lowest risk of revision in total hip arthroplasty (THA)1-4 at 9-17 years, alongside strong clinical performance in knees.5,6
Pro Football Hall of Famer, Elvin Bethea received an OXINIUM implant as part of a recent total hip replacement procedure. He commented, "OXINIUM Technology has turned my life, my body, and my whole world around. Having this implant gives me peace of mind and allows me to continue to do the things I enjoy."
The Tour of Change is a 550 square foot mobile exhibit that will be setup at Fun Fest - a free, family-focused event area on the Pro Football Hall of Fame campus during enshrinement weekend. The exhibit is designed to provide players, healthcare professionals and the community with an opportunity to learn what makes OXINIUM Technology unique, how an implant is made, and how it has delivered strong clinical performance over time in both hip and knee replacements.1-6
Bruce Matthews, a Pro Football Hall of Famer who is an OXINIUM knee patient is similarly pleased with his results. "After a 19-year career in the NFL as an offensive lineman, my knees took a beating and became too painful to ignore. I'm confident that Smith+Nephew's OXINIUM Technology was the best choice for me, especially as a larger guy."
To learn more about how OXINIUM delivers the durability of metal, the wear resistance of ceramic, and corrosion resistance better than both7-16, please visit www.oxinium.com.
References
- Davis ET, Pagkalos J, Kopjar B. Bearing surface and survival of cementless and hybrid total hip arthroplasty in the National Joint Registry of England, Wales, Northern Ireland and the Isle of Man. JBJS. 2020;5(2):pe0075.
- Peters RM, Van Steenbergen LN, Stevens M, et al. The effect of bearing type on the outcome of total hip arthroplasty. Acta Orthopaedica. 2018; 89(2):163-169.
- Atrey A, Ancarani C, Fitch D, Bordini B. Impact of bearing couple on long-term component survivorship for primary cementless total hip replacement in a large arthroplasty registry. Poster presented at: Canadian Orthopedic Association; June 20–23, 2018; Victoria, British Columbia, Canada.
- Australian Orthopaedic Association National Joint Replacement Registry (AOANJRR) Hip, Knee & Shoulder Arthroplasty: 2021 Annual Report.
- The Orthopaedic Data Evaluation Panel (ODEP). www.odep.org.uk. Accessed June 1st, 2021. Referencing JOURNEY II, LEGION and GENESIS II OXINIUM Knee Systems.
- Innocenti M, Matassi F, Carulli C, Nistri L, Civinini C. Oxidized zirconium femoral component for TKA: A follow-up note of a previous report at a minimum of 10 years. The Knee. 2014;21:858–861.
- Hunter G, Dickinson J, Herb B, et al. Creation of oxidized zirconium orthopaedic implants. Journal of ASTM International. 2005;2:1-14.
- Long M, Riester L, Hunter G. Nano-hardness Measurements of Oxidized Zr-2.5Nb and Various Orthopaedic Materials. Abstract presented at: 24th Annual Meeting of the Society for Biomaterials. April 22-26, 1998, San Diego, California.
- Parikh A, Hill P, Hines G, Pawar V. Wear of conventional and highly crosslinked polyethylene liners during simulated fast walking/jogging. Poster presented at: 55th Annual Meeting of the Orthopaedic Research Society, 2009. Poster no. 2340.
- Parikh A, Hill P, Pawar V, Sprague J. Long-term Simulator Wear Performance of an Advanced Bearing Technology for THA. Poster presented at: 2013 Annual Meeting of the Orthopaedic Research Society. Poster no. 1028.
- Papannagari R, Hines G, Sprague J, Morrison M. Long-term wear performance of an advanced bearing technology for TKA. Poster presented at: 2011 Annual Meeting of the Orthopaedic Research Society. Poster no. 1141.
- Smith+Nephew 2010. OR-10-155.
- Aldinger P, Williams T, Woodard E. Accelerated Fretting Corrosion Testing of Zirconia Toughened Alumina Composite Ceramic and a New Composition of Ceramicised Metal Femoral Heads. Poster presented at: 2017 Annual Meeting of the Orthopaedic Research Society. Poster no. 1037.
- Smith+Nephew 2016. OR-16-127.
- 2005 ASM International Engineering Materials Achievement Award.
- Dalal A, Pawar V, McAllister K, Weaver C, Hallab NJ. Orthopedic implant cobalt-alloy particles produce greater toxicity and inflammatory cytokines than titanium alloy and zirconium alloy-based particles in vitro, in human osteoblasts, fibroblasts, and macrophages. J Biomed Mater Res Part A. 2012;100A:2147-2158.
About Smith+Nephew
Smith+Nephew is a portfolio medical technology business focused on the repair, regeneration and replacement of soft and hard tissue. We exist to restore people's bodies and their self-belief by using technology to take the limits off living. We call this purpose 'Life Unlimited'. Our 18,000 employees deliver this mission every day, making a difference to patients' lives through the excellence of our product portfolio, and the invention and application of new technologies across our three global franchises of Orthopaedics, Sports Medicine & ENT and Advanced Wound Management.
Founded in Hull, UK, in 1856, we now operate in more than 100 countries, and generated annual sales of $5.2 billion in 2021. Smith+Nephew is a constituent of the FTSE100 (LSE:SN, NYSE:SNN). The terms 'Group' and 'Smith+Nephew' are used to refer to Smith & Nephew plc and its consolidated subsidiaries, unless the context requires otherwise.
For more information about Smith+Nephew, please visit www.smith-nephew.com and follow us on Twitter, LinkedIn, Instagram or Facebook.
Forward-looking Statements
This document may contain forward-looking statements that may or may not prove accurate. For example, statements regarding expected revenue growth and trading margins, market trends and our product pipeline are forward-looking statements. Phrases such as "aim", "plan", "intend", "anticipate", "well-placed", "believe", "estimate", "expect", "target", "consider" and similar expressions are generally intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. For Smith+Nephew, these factors include: risks related to the impact of COVID-19, such as the depth and longevity of its impact, government actions and other restrictive measures taken in response, material delays and cancellations of elective procedures, reduced procedure capacity at medical facilities, restricted access for sales representatives to medical facilities, or our ability to execute business continuity plans as a result of COVID-19; economic and financial conditions in the markets we serve, especially those affecting health care providers, payers and customers (including, without limitation, as a result of COVID-19); price levels for established and innovative medical devices; developments in medical technology; regulatory approvals, reimbursement decisions or other government actions; product defects or recalls or other problems with quality management systems or failure to comply with related regulations; litigation relating to patent or other claims; legal compliance risks and related investigative, remedial or enforcement actions; disruption to our supply chain or operations or those of our suppliers (including, without limitation, as a result of COVID-19); competition for qualified personnel; strategic actions, including acquisitions and dispositions, our success in performing due diligence, valuing and integrating acquired businesses; disruption that may result from transactions or other changes we make in our business plans or organisation to adapt to market developments; and numerous other matters that affect us or our markets, including those of a political, economic, business, competitive or reputational nature. Please refer to the documents that Smith+Nephew has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Smith+Nephew's most recent annual report on Form 20-F, for a discussion of certain of these factors. Any forward-looking statement is based on information available to Smith+Nephew as of the date of the statement. All written or oral forward-looking statements attributable to Smith+Nephew are qualified by this caution. Smith+Nephew does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in Smith+Nephew's expectations.
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SOURCE Smith & Nephew plc | https://www.mysuncoast.com/prnewswire/2022/08/04/smithnephews-oxinium-technology-tour-change-touches-down-pro-football-hall-fame-during-enshrinement-weekend/ | 2022-08-04T13:39:02Z |
US buys more monkeypox vaccine as global case count grows
NEW YORK (AP) — The U.S. government is buying more monkeypox vaccine as a surprising international outbreak continues to grow, health officials said Friday.
As of Friday, the U.S. had identified 45 cases in 15 states and the District of Columbia. More than 1,300 cases have been found in about 30 other countries outside the areas of Africa where the virus is endemic.
Officials say the risk to the American public is low, but they are taking steps to assure people that medical measures are in place to deal with the growing problem.
A two-dose vaccine, Jynneos, is approved for monkeypox in the U.S.
The U.S. government has 72,000 Jynneos doses, and will get 300,000 more doses from its manufacturer, Bavarian Nordic, over the next several weeks, said Dawn O’Connell, who oversees the government’s stockpile of emergency vaccines and treatments.
On Friday, the government announced it had ordered 500,000 more Jynneos doses from Bavarian Nordic to be delivered late this year. The company also is holding other doses owned by the U.S. government, she said.
“We have the vaccines and treatments we need to respond,” said O’Connell, of the U.S. Department of Health and Human Services.
Monkeypox is endemic in parts of Africa, where people have been infected through bites from rodents or small animals. It does not usually spread easily among people.
Last month, cases began emerging in Europe and the United States. Many — but not all — of those who contracted the virus had traveled internationally. Most were men who have sex with men, but health officials stress that anyone can get monkeypox.
The Centers for Disease Control and Prevention said Friday that every U.S. case they had looked at involved very close contact.
Officials have alerted doctors to watch for monkeypox cases and offered vaccinations to people in contact with those who were infected.
So far, over 1,400 vaccine courses and over 110 treatment courses have been sent to affected state and local jurisdictions, officials said.
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The Associated Press Health & Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/10/us-buys-more-monkeypox-vaccine-global-case-count-grows/ | 2022-06-10T20:43:24Z |
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- FoxyAI, a B2B PropTech leader in real estate visualization and property intelligence, today announced the launch of its Specialized Property Intelligence Tools for Municipal Tax Appraisers. FoxyAI's tools help municipalities and tax assessing entities to automate property quality classifications, generate efficiencies, reduce cost, and improve quality assurance.
In its latest use case, FoxyAI teamed up with the Williamson County, TX ("Wilco"), Central Appraisal District to help this District automate the reviewing, grading, and recording of its entire county's residential property to reassess taxes. Using existing photos of homes labeled with the "Quality Class" assigned by Wilco County assessors, Wilco's Central Appraisal office used the "FoxyAI Quality Score" model to verify the accuracy of assessor-scored quality classes on photos of over 160,000 parcels in the county.
On employing the FoxyAI tools, Alvin Lankford, Chief Appraiser, Williamson Central Appraisal District, said, "The use of FoxyAI made reviewing large groups of properties faster, avoided over $900,000 in expense, and saved over 36,000 hours of physical driving and review time. And, FoxyAI's Models have allowed us to provide a more equitable and fair roll."
By analyzing and extracting data from existing images of properties, FoxyAI enables government entities and affiliated agencies to drive efficiency and accuracy across valuations, risk, underwriting, and revenue collection activities. FoxyAI excels in its ability to allow government agencies and affiliated agencies to enhance their processes and proprietary scoring methodologies by using FoxyAI's industry-leading computer vision models supercharging a tax assessment team's efforts.
"We are proud of our work with tax assessors and are excited to launch our specialized property intelligence tools to help even more of these crucial professionals," said Vin Vomero, co-founder and CEO of FoxyAI. "In many states, property taxes provide the largest source of money for local schools, streets, roads, police, fire protection, and many other services. It's imperative that assessors are supported and empowered with the right technology to take on this vital task."
For more information on FoxyAI's Visual Intelligence Tools for Tax Assessors, please contact Vin Vomero at vin@foxyai.com.
Founded in 2018, FoxyAI is a leading B2B proptech in real estate visualization and property intelligence. The company utilizes cutting-edge artificial intelligence and computer vision to convert everyday real estate photos into actionable data. FoxyAI's suite of Property Intelligence tools, all available through its API, can instantly compute quality and condition, renovation costs, detect objects and materials, and more. For more information on FoxyAI, visit https://foxyai.com/.
Media Contact: jacque@foxyai.com
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SOURCE Foxy AI | https://www.kxii.com/prnewswire/2022/08/09/foxy-ai-announces-specialized-property-intelligence-tools-municipal-tax-appraisers-increase-appraisal-accuracy-decrease-man-hours/ | 2022-08-09T14:32:54Z |
Couple marries days after surviving plane crash together
BOTHELL, Wash. (KING) - An engaged couple moved up their wedding date, getting married days after they survived a small plane crash due to engine failure.
The love story between Allen Kang and Rosseana Morales took flight years ago, but it was cemented July 20 when their small plane crash-landed on a street in Bothell, Washington.
The couple, with Kang piloting, was flying their experimental plane home from Tacoma to Everett after visiting friends when the engine died.
“It was literally stopped,” said Morales, who has a background in aviation.
Without a working engine, the plane started plummeting.
“At first, I did get emotional, like, ‘This is scary. This actually just happened.’ I just remember telling him, ‘Hey, this is what you’ve trained for. I love you and just glide. Let’s find our best place to land,’” Morales said.
The Paine Field airport was still about 10 miles away, and Interstate 5 was packed with cars.
“What’s running through my head is like the highway, the interstate is busy… I had no intention of taking someone with me. It’s us and no one else,” said Kang, who has been flying for six years.
The next best option, 228th Street Southeast, is a busy Bothell arterial road in the daytime but not at night when the two were flying.
So, surrounded by streets and subdivisions filled with hundreds of houses, Kang made the decision to put the plane down. It clipped some powerlines, but the couple ended up with just minor injuries.
“I see him as my hero, to be honest, and he was a hero that saved so many lives that night… I think it made our relationship a lot stronger,” Morales said.
The couple felt so strongly that just five days later they got married on the beach in Steilacoom.
“At the end of it, we were just like, ‘We just survived something absolutely insane,’” Kang said.
“The worst thing possible anyone could experience,” Morales added.
The two had planned to get married about a year from now, but after walking away from a plane crash together, they decided not to wait another minute.
“It’s a very scary moment, but it really, for me, it helped me cherish life more and cherish our relationship together,” Morales said.
“I can’t imagine if I was alone, like, what I would do. I was lucky to have her there,” Kang said.
The cause of the engine failure remains under investigation. Instead of being on honeymoon, the newlyweds spent a day meeting with the Federal Aviation Administration.
The National Transportation Safety Board is also investigating the crash.
Copyright 2022 KING via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/28/couple-marries-days-after-surviving-plane-crash-together/ | 2022-07-28T07:54:26Z |
AG Garland, Commerce Sec. Raimondo test positive for COVID-19
WASHINGTON (AP) — Attorney General Merrick Garland has tested positive for COVID-19 and will quarantine at home for five days, the Justice Department said Wednesday.
Garland is the second Cabinet official to announce a positive test result on Wednesday. Commerce Secretary Gina Raimondo also tested positive for the virus using an at-home antigen test.
The two officials are among more than a dozen attendees of the Gridiron Club dinner to test positive for the virus in the past few days. Saturday night’s white-tie society affair was attended by some of the nation’s most prominent political leaders, journalists and media executives. Guests had been asked to show proof of vaccination but were not required to be tested for the virus and many mingled around without masks during the event.
Tom DeFrank, the president of the Gridiron Club, said the group knew of 14 guests who had attended and then tested positive. Many of the cases involve guests who were seated at three tables, he said.
“There is no way of being certain about when they first contracted COVID,” DeFrank said. “But they did interact with other guests during the night, and we have to be realistic and expect some more cases.”
The announcement from the Justice Department comes hours after Garland held a news conference in Washington, standing side-by-side with the deputy attorney general, FBI director and other Justice Department officials.
The Justice Department says Garland asked to be tested “after learning that he may have been exposed to the virus.” Officials say he is not experiencing symptoms, is fully vaccinated and has received a booster.
The Justice Department said Garland would isolate at his home for at least five days and work remotely. The department said it would also conduct contact tracing in line with guidelines from the Centers for Disease Control and Prevention.
Raimondo’s office said she was experiencing “mild symptoms” and was sharing the news “out of an abundance of transparency.”
The nation’s capital appears to be experiencing an outbreak, hitting not only Cabinet officials but also members of Congress, staffers in the White House and members of the media.
Reps. Adam Schiff, D-Calif., and Joaquin Castro, D-Tex., have also announced they tested positive for the virus. Both had attended the Gridiron dinner.
Other members of Congress including Reps. Katherine Clark of Massachusetts and Scott Peters of California, both Democrats, have also said they tested positive.
The White House on Wednesday also said Jamal Simmons, the communications director for Vice President Kamala Harris, had also tested positive and that Simmons was in close contact with Harris. Harris’ office said she would follow CDC guidelines and consult with her doctor but planned to continue with her schedule.
The CDC says people vaccinated and boosted against COVID-19 are much less likely to suffer adverse outcomes, including serious illness and death, from the virus compared to those who are unvaccinated.
___
Associated Press writer Zeke Miller contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/06/garland-raimondo-test-positive-covid-19/ | 2022-04-07T05:53:37Z |
The World's First and Only 755nm Picosecond Laser FDA-cleared to Treat Melasma Pigment, nevus of Ota and Hori's nevus
WESTFORD, Mass. , June 1, 2022 /PRNewswire/ -- Today Cynosure announced the launch of the PicoSure® Pro device, the latest upgrade to the company's best-in-class PicoSure system. The first and only FDA-cleared 755nm picosecond laser on the market, the PicoSure Pro device uniquely delivers energy in a trillionth of a second, utilizing pressure instead of heat to provide safe and effective treatments for unwanted pigmentation and skin revitalization for all skin types.
"As inventors of picosecond aesthetic laser technology, we are constantly challenging ourselves to continually drive innovation forward. Whether we're developing new devices or improving upon our trusted flagship products, we're focused on addressing the unmet needs of our practitioners to ensure the best possible outcomes for their patients and practice," said Todd Tillemans, Chief Executive Officer of Cynosure. "From a 50% increase in energy to new handpieces and an adjustable fluence, the performance enhancements made to the PicoSure Pro device provide practitioners with more versatility than ever before, allowing them to efficiently treat more patients per day and provide better outcomes in less time."
Named the "Best Multitasking Laser" in the 2021 NewBeauty Awards and "Best Beauty Buy" in the 2022 InStyle awards, the PicoSure Pro device is now equipped with two lenses that work to safely and effectively address a variety of concerns across all skin types. The PicoSure Pro device's advanced Platinum Focus™ lens array is used to increase collagen and elastin to help combat wrinkles, acne scars and pores. With the addition of the flat lens, the PicoSure Pro device is now also the first and only picosecond laser FDA-cleared for the treatment of pigment in melasma and other hyperpigmentation issues such as nevus of Ota and Hori's nevus. Additional enhancements include a sleek, modern design, intuitive graphic user interface and new 5MM handpiece that is ideal for treating discrete lesions, lighter Fitzpatrick skin types and smaller treatment areas.
"The updates seen in the PicoSure Pro device further solidify Cynosure's stance as a trusted pioneer in the field of laser technology," said Sandi Peterson, Clayton, Dubilier & Rice Operating Partner and Chairman of the Board of Cynosure. "With the PicoSure Pro device, providers can achieve comparable treatment results to more aggressive lasers with less pain and no downtime, making it a true one-and-done device for a myriad of patient needs."
The PicoSure Pro device is commercially available in the U.S. To learn more about the PicoSure Pro device, please visit www.cynosure.com/picosure.
About Cynosure
Cynosure is the global leader in medical aesthetics and develops, manufactures, and markets aesthetic treatment systems that enable plastic surgeons, dermatologists, and other medical practitioners to perform non-invasive and minimally invasive procedures for skin revitalization, hair removal, body contouring, women's health, treat vascular and benign pigmented lesions, remove multi-colored tattoos, reduce fat through laser lipolysis, reduce cellulite, clear nails infected by toe fungus and ablate sweat glands. Cynosure's product portfolio is composed of a broad range of energy sources including Alexandrite, diode, Nd: YAG, picosecond, pulse dye, Q-switched lasers, intense pulsed light, and RF technology. Cynosure sells its products globally under the Cynosure, Palomar, ConBio, and Ellman brand names through a direct sales force in the United States, Canada, France, Morocco, Germany, Spain, the United Kingdom, Australia, China, Thailand, Japan, and Korea, and through international distributors in approximately 130 other countries. For corporate or product information, visit Cynosure's website at www.cynosure.com.
Media Contact:
Liz Carruthers
978-302-7284
Liz.Carruthers@cynosure.com
©2021 Cynosure, LLC. All rights reserved. Cynosure and PicoSure are registered trademarks and trademarks of Cynosure, LLC.
Like all medical procedures, not all patients are suitable for the treatment. Talk to your medical provider about the risks and benefits of this procedure. A qualified practitioner is solely responsible for evaluating each subject's suitability to undergo treatment and for informing those being treated about any risks involved with the treatment, pre-and postoperative care, and any other relevant information. Individual results may vary and are not guaranteed.
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SOURCE Cynosure, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/01/cynosure-upgrades-state-of-the-art-picosure-system-with-picosure-pro-device/ | 2022-06-01T17:00:25Z |
Free Bi-Weekly E-Newsletter Shares Stories of Service and Offers Resources to Address Everyday Challenges Facing the Military Community
WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- Today, AARP launched the inaugural issue of the AARP Veteran Report, a free, bi-weekly e-newsletter for veterans and their families. The newsletter shares personal stories of service and offers practical help with areas such as health, money, work and benefits.
"AARP is on a mission to support the 17+ million veterans across the country," said Troy Broussard, Senior Advisor, AARP Veterans and Military Families Initiative and U.S. Army Desert Storm veteran. "The AARP Veteran Report joins our free resources, tools and programs to help veterans and their families with caregiving, competing in today's job market, preventing fraud and connecting with earned service benefits. The newsletter will deliver valuable resources and tips on the military community's most pressing issues directly to veterans' inboxes."
AARP Veteran Report's inaugural issue includes:
- A one-on-one interview with Actor, Humanitarian and AARP Ambassador for Veterans and Military Families, Gary Sinise;
- A first-person account of a marine's journey through war and trauma;
- A veteran walking across the country to raise money for veterans' causes;
- The top scams targeting veterans; and
- What veterans need to know when they retire and transition into the civilian workforce.
"There are so many stories of heroism, selflessness, skill and ingenuity that promote pride in the military," said Shelley Emling, AARP Executive Editor of Specialized Content. "We want to bring those stories to our subscribers while at the same time offer information and resources to help veterans and their families meet their daily challenges head on. This newsletter furthers AARP's commitment to engage and support diverse audiences with specialized content and resources to empower people to choose how they live as they age."
To read the first issue of the AARP Veteran Report, subscribe here. For additional resources and information on AARP's support for veterans and military families, visit aarp.org/veterans.
About AARP
AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org, www.aarp.org/espanol or follow @AARP, @AARPenEspanol and @AARPadvocates, @AliadosAdelante on social media.
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SOURCE AARP | https://www.wibw.com/prnewswire/2022/08/11/aarp-launches-e-newsletter-veterans/ | 2022-08-11T16:52:25Z |
Services for Susan Michele Cawyer, 67, of Eddy will be held at a later date.
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Services for Susan Michele Cawyer, 67, of Eddy will be held at a later date.
Mrs. Cawyer died Monday, July 25, at her residence.
She was born Feb. 26, 1955, in Camden, N.J., to John David Sr. and Lois Mae Egbert Williams. She completed her education in Pinsockin, N.J. She had been a Temple resident since 1981. She married John Cawyer Jr. on in April 1981 in Temple. She worked as a hairdresser at the Hair Corral in Temple and she also worked as a volunteer for Sammons Senior Center. She attended Western Hills Church of Christ.
Survivors include her husband of Eddy; two brothers; and a sister.
Hewett-Arney Funeral Home in Temple is in charge of arrangements. | https://www.tdtnews.com/obituaries/article_b161132c-15b8-11ed-afa7-d3e7a16b7643.html | 2022-08-07T08:22:57Z |
VANCOUVER, BC, May 31, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American" or the "Company") is pleased to announce that it has officially been confirmed as a signatory to the Voluntary Principles ("VPs") on Security and Human Rights. The VPs are a set of guidelines by which companies in the extractive sector can maintain the safety and security of their operations while ensuring respect for human rights and fundamental freedoms.
Since late 2020, Pan American has been implementing the VPs at all its operations, including the Escobal site in Guatemala that is on care and maintenance. As of January 2022, all of the Company's operations were compliant with the VPs on Security and Human Rights. Training and audits will be performed on an annual basis and progress reported upon in Pan American's annual sustainability report.
"Pan American has always been committed to sustainable corporate practices and social responsibility," said Michael Steinmann, President and CEO. "Implementing standards, such as the VPs on Security and Human Rights, provides assurance to our stakeholders that our practices are aligned with global best practices."
"We welcome this opportunity to be part of a constructive dialogue on industry challenges and the future of security and human rights in the extractive sector," said Brent Bergeron, Senior Vice President of Corporate Affairs and Sustainability. "Pan American's admission by government, NGOs and corporate participants to the VPs reinforces our strong commitment to implement and advance these important human rights principles."
Pan American is also pleased to announce that it has been accepted as Observers of the International Code of Conduct Association ("ICoCA") for Security Providers. Pan American has requested that all our contracted security providers qualify as a member of good standing of ICoCA, and the Observer status allows us to monitor the implementation of procedures and practices by our contracted security providers to comply with ICoCA's International Code of Conduct. Pan American's Communities and Sustainable Development Committee of the Board of Directors regularly reviews security matters, incidents, and activities across the Company.
For further information on Pan American's efforts and performance in the areas of environment, social and governance, please see our 2021 Sustainability Report at panamericansilver.com. Pan American is also planning to host its annual ESG call on September 22, 2022 at 11:00 am ET (8:00 am PT). Further details will be provided closer to the date.
About Pan American Silver
Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia. We also own the Escobal mine in Guatemala that is currently not operating. Pan American provides enhanced exposure to silver through a large base of silver reserves and resources, as well as major catalysts to grow silver production. We have a 28-year history of operating in Latin America, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS".
Learn more at panamericansilver.com.
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SOURCE Pan American Silver Corp. | https://www.mysuncoast.com/prnewswire/2022/06/01/pan-american-silver-joins-voluntary-principles-security-human-rights/ | 2022-06-01T01:43:01Z |
- Prioritized two indications, MSS-CRC and NSCLC, utilizing fully owned assets, COM701 and COM902
- Focus on MSS-CRC and NSCLC expected to provide highest probability of success and support future path to registration
- Focused development plan results in strategic decision to wind down Phase 1 cohort expansion studies resulting in the conclusion of collaboration with Bristol Myers Squibb
- Most advanced preclinical program with first-in-class potential entering pre-IND enabling studies
- Extended cash runway expected to last through the end of 2024
HOLON, Israel, Aug. 4, 2022 /PRNewswire/ -- Compugen Ltd. (Nasdaq: CGEN), a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery, provided a corporate update and announced financial results for the second quarter ended June 30, 2022.
Corporate Update
"Adapting to challenging market conditions, we have taken a strategic decision to focus on two prioritized indications, microsatellite stable-colorectal cancer (MSS-CRC) and non-small cell lung cancer (NSCLC), and wind down our broad Phase 1 cohort expansion program resulting in the conclusion of our collaboration with Bristol Myers Squibb," said Anat Cohen-Dayag, Ph.D., President, and Chief Executive Officer of Compugen. "I would like to thank Bristol Myers Squibb for our productive interactions and for their support in providing nivolumab and their anti-TIGIT, BMS-986207, enabling us to initiate the triple and dual combination studies to evaluate our DNAM-1 axis hypothesis at a time when our own differentiated anti-TIGIT, COM902 had not yet reached the clinic. Additionally, my sincere thanks to the investigators, their staff, and the patients for participating in these studies. This strategic decision allows us to extend our cash runway into the end of 2024, execute on our strong belief in COM701 and gives us the freedom to switch to and develop our own differentiated anti-TIGIT antibody, COM902. Concluding the collaboration with Bristol Myers Squibb provides us with what is expected to be the greatest opportunity to advance and partner our clinical assets and support a future path to registration."
Dr. Cohen-Dayag continued, "Our clinical data from the COM701/nivolumab dose escalation and cohort expansion study in a small number of MSS-CRC patients, show a modestly higher response rate compared to what has been reported for standard of care. We believe that this initial data, along with the translational package showing a COM701 driven mechanism, supports the evaluation of COM701 triple combination in a single arm study. The full data from the COM701/nivolumab cohort expansion study in MSS-CRC and details of the new study design along with timelines is expected to be presented once finalized in the fourth quarter of this year. The second indication we have prioritized is NSCLC in anti-PD-(L)1 treated patients. As an inflamed tumor type sensitive to PD-1 and possibly TIGIT checkpoints, NSCLC was selected as a tumor type with increased probability of responding to our triplet combination. We also plan to evaluate the blockade of PVRIG and TIGIT in combination with standard of care in this indication, to build an additional path to randomized studies. The design and timelines of the NSCLC program will be presented once finalized in the fourth quarter of this year. We believe focusing on these indications provides us with the highest probability of success, and we plan to share the progress and initial findings from these studies during 2023."
Dr. Cohen-Dayag added, "I am also extremely proud of the progress we have made in our preclinical portfolio. Several early-stage programs from our computational discovery platform are advancing in our pipeline with the most advanced program about to enter pre-IND enabling studies with first-in-class potential. We are very excited about this program, which is targeting a soluble immune checkpoint upregulated in the tumor microenvironment in response to IFN-γ. We developed a very high affinity antibody, COM503, to block this soluble immune checkpoint pathway and we believe we are the first to do so. The antibody has demonstrated preclinical in-vitro and in-vivo activity as monotherapy and in combination with other checkpoint inhibitors across various models and systems. We intend to share details on this program in the fourth quarter of this year."
Dr. Cohen-Dayag concluded, "With the decisive actions we have taken, we are being cash efficient and may be better positioned to bring value to our stakeholders. I am excited with what we have achieved and look forward to continuing to focus on execution and delivering value to our shareholders and patients."
Financial Results
As of June 30, 2022, cash, cash equivalents, short-term bank deposits and restricted cash totaled approximately $97 million, compared with approximately $118 million as of December 31, 2021. As a result of the Company's strategic decision to end its Phase 1 program early and focus on two prioritized indications, the Company expects its existing cash and cash related balances to be sufficient to fund its operating plan into the end of 2024, without taking into consideration any cash inflows. Compugen does not have any debt.
R&D expenses for the second quarter ended June 30, 2022, were approximately $6.8 million, no change from the comparable period in 2021. Going into the second half of 2022, the reduction in R&D expenses is expected to be limited and will reflect winding down expenses of the current ongoing studies as well as preparation for the planned prioritized clinical studies. We expect that the full effect of the reduction in expenses will be reflected in 2023.
General and administrative expenses for the second quarter ended June 30, 2022, were approximately $2.6 million compared with approximately $2.7 million for the comparable period in 2021.
Cash balance at the end of 2022 is expected to be approximately $72-$74 million.
Net loss for the second quarter ended June 30, 2022, was approximately $9.1 million, or $0.11 per basic and diluted share, compared with a net loss of approximately $9.5 million, or $0.11 per basic and diluted share, in the comparable period of 2021.
Full financial tables are included below
Conference call and webcast information
The Company will hold a conference call today, August 4, 2022, at 8:30 AM ET to review its second quarter 2022 results. To access the live conference call by telephone, please dial 1-866-744-5399 from the U.S., or +972-3-918-0644 internationally. The call will be available via live webcast through Compugen's website, located at the following link. Following the live audio webcast, a replay will be available on the Company's website.
About Compugen
Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable predictive computational discovery capabilities to identify new drug targets and biological pathways for developing cancer immunotherapies. Compugen has developed two proprietary product candidates: COM701, a potential first-in-class anti-PVRIG antibody and COM902, a potential best-in-class monoclonal antibody targeting TIGIT for the treatment of solid tumors. Partnered programs include bapotulimab, an antibody targeting ILDR2, in Phase 1 development, licensed to Bayer under a research and discovery collaboration and license agreement, and a TIGIT/PD-1 bispecific derived from COM902 (AZD2936) in Phase 1/2 development by AstraZeneca through a license agreement for the development of bispecific and multi-specific antibodies. In addition, the Company's therapeutic pipeline of early-stage immuno-oncology programs consists of programs aiming to address various mechanisms of immune resistance, including myeloid targets. Compugen is headquartered in Israel, with offices in South San Francisco, CA. Compugen's shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.
Forward-Looking Statement
This press release contains "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of Compugen. Forward-looking statements can be identified using terminology such as "will," "may," "expects," "anticipates," "believes," "potential," "plan," "goal," "estimate," "likely," "should," "confident," and "intends," and similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements regarding our expectations that the conclusion of the collaboration with Bristol Myers Squibb provides Compugen with the greatest opportunity to advance and partner its clinical assets and support a future path to registration; our belief that the initial clinical data from the COM701/nivolumab cohort expansion study in a small number of MSS-CRC patients, along with the translational package showing a COM701 driven mechanism, supports further evaluation of COM701 triple combination in a single arm study; statements regarding the increased probability of NSCLC to respond to our triplet combination; statements regarding our expectations that our focus on MSS-CRC and NSCLC indications is expected to provide highest probability of success to support a future path to registration; statements regarding the potential of our most advanced preclinical program to be first-in-class; our expectation that existing cash and cash related balances will be sufficient to fund our operating plan through the end of 2024; and our expectations regarding the timing for disclosure of the new studies design and data. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance, or achievements of Compugen to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Among these risks: In the near term, Compugen is highly dependent on the success of COM701 and of COM902; Compugen may not be able to advance its internal clinical stage programs through clinical development or manufacturing or successfully partner or commercialize them, or obtain marketing approval, either alone or with a collaborator, or may experience significant delays in doing so; Clinical development involves a lengthy and expensive process, with an uncertain outcome and Compugen may encounter substantial delays or even an inability to begin clinical trials for any specific product or may not be able to conduct or complete its trials on the timelines it expects; Compugen has limited experience in the development of therapeutic product candidates, and it may be unable to implement its business strategy. These risks and other risks are more fully discussed in the "Risk Factors" section of Compugen's most recent Annual Report on Form 20-F as filed with the Securities and Exchange Commission (SEC) as well as other documents that may be subsequently filed by Compugen from time to time with the SEC. In addition, any forward-looking statements represent Compugen's views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. Compugen does not assume any obligation to update any forward-looking statements unless required by law.
Company contact:
Yvonne Naughton, Ph.D.
Head of Investor Relations and Corporate Communications Compugen Ltd.
Email: ir@cgen.com
Tel: +1 (628) 241-0071
SOURCE Compugen Ltd. | https://www.kxii.com/prnewswire/2022/08/04/compugen-reports-second-quarter-2022-results/ | 2022-08-04T12:38:13Z |
NEW YORK, April 25, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
CDK Global, Inc. (NASDAQ: CDK)'s sale to Brookfield Business Partners and its institutional partners for $54.87 per share in cash. If you are a CDK shareholder, click here to learn more about your rights and options.
TEGNA Inc. (NYSE: TGNA)'s sale to an affiliate of Standard General L.P. for $24.00 per share in cash. If you are a TEGNA shareholder, click here to learn more about your rights and options.
LMF Acquisition Opportunities, Inc. (NASDAQ: LMAO)'s merger with SeaStar Medical, Inc. If you are an LMF Acquisition shareholder, click here to learn more about your rights and options.
Meritor, Inc. (NYSE: MTOR)'s sale to Cummins Inc. for $36.50 per share in cash. If you are a Meritor shareholder, click here to learn more about your rights and options.
Tenneco Inc. (NYSE: TEN)'s sale to funds managed by affiliates of Apollo Global Management, Inc. for $20.00 per share. If you are a Tenneco shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.wibw.com/prnewswire/2022/04/25/shareholder-investigation-halper-sadeh-llp-investigates-cdk-tgna-lmao-mtor-ten/ | 2022-04-25T13:40:30Z |
GETTYSBURG, Pa., April 25, 2022 /PRNewswire/ -- On Monday, May 9, 2022, from 9:30 a.m. – 3:00 p.m. PT, OPEN MINDS will be presenting two sessions at the Provider Sustainability Forum: Emerging Business Trends in Behavioral Health Non-Profits, at the Sheraton Grand Hotel in Sacramento, CA, hosted by California Council of Community Behavioral Health Agencies (CBHA)
The forum will focus on trends in California's changing behavioral health system and the business strategies and practices providers need to know for sustainability in the era of the California Innovating & Advancing Medi-Cal (CalAIM) initiative.
Attendees will hear from the OPEN MINDS industry experts Richard Louis, III, Vice President West Region, and Ray Wolfe, JD, Senior Associate at two sessions.
Mr. Louis will present, Business Management Best Practices for Specialty Provider Organizations to Prepare for CalAIM. As a former psychiatric hospital administrator, Mr. Louis brings over 30 years behavioral health administration, business, and service line development experience to OPEN MINDS. Prior to joining OPEN MINDS, Mr. Louis was the Director of Strategic Partnership Development at Southern California Hospital System – Prospect Medical Group, one of California's largest IPA/medical groups. He also served as Vice President of Government Operations at the Los Angeles based College Health Enterprises (College Hospital System), a leading psychiatric/acute care hospital and long-term care company.
The session Strategic Partnership Development in an Integrated Market: Mergers & Acquisitions, Strategic Alliances and Collaborations, will be presented my Mr. Wolfe who brings over 40 years of experience in the health and human services sector to the OPEN MINDS team. His areas of expertise include managed care and value-based reimbursement models, financial analysis and management, mergers and acquisitions, CCBHC certification, integrated care, performance improvement, and strategic planning. Before joining OPEN MINDS, Mr. Wolfe served in a 22-year tenure with Pittsburgh Mercy Health System in Pittsburgh, Pennsylvania. Most recently, Mr. Wolfe served as the organization's Chief Operating Officer (COO), where he was responsible for oversight of all system operations, strategic planning, and performance management.
After the forum there will be a reception from 4:00 pm – 6:00 pm with the California Legislative Women's Caucus, the California Legislative Black Caucus and Special guest, former NYC First Lady Chirlane McCray.
This event is open to CBHA members and non-members and sponsored by Qualifacts.
To register for this even, visit: https://www.eventbrite.com/e/emerging-business-trends-in-behavioral-health-non-profits-tickets-307225619097
For questions please contact Shelby Dewberry, Legislative and Program Coordinator, CBHA, sdewberry@cccbha.org, (949) 444-1746
ABOUT OPEN MINDS
OPEN MINDS is a national market intelligence, management consulting, and marketing services firm specializing exclusively in the markets of the health and human service field that serve consumers with chronic conditions and complex support needs. OPEN MINDS' mission is to provide payers, service provider organizations, and technology and scientific firms that serve these consumers with the market and management knowledge needed to improve their organizational efficiency and effectiveness.
Media Contact:
Stacey Fox
sfox@openminds.com
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SOURCE OPEN MINDS | https://www.mysuncoast.com/prnewswire/2022/04/25/open-minds-present-california-council-community-behavioral-health-agencies-cbha-provider-sustainability-forum-emerging-business-trends-behavioral-health-non-profits/ | 2022-04-25T16:36:14Z |
LUBBOCK, Texas — The City of Lubbock Health Department reported its first probable case of Monkeypox in the county, the city said Wednesday.
The general public was not considered to be at risk, the city said.
“Currently, the general public is not considered at risk because people with Monkeypox in this outbreak report having close, sustained physical contact with other people who have Monkeypox,” the city said.
Suspected or confirmed cases of Monkeypox can be reported to the Health Department at 806-775-2935.
Read the full release below:
The City of Lubbock Health Department has reported the first probable case of Monkeypox within the county. Initial testing was completed on Tuesday at the Texas Tech University Bioterrorism Response Laboratory and confirmatory testing is being done at the U.S. Centers for Disease Control and Prevention (CDC). It is highly likely that this will be a confirmed case therefore follow up by the health department has started.
The communicable disease surveillance group at the City of Lubbock Public Health Department is obtaining details on the case. Identified close contacts to the case will be notified, asked to monitor for symptoms and when clinically appropriate offered vaccine. Currently, the general public is not considered at risk because people with Monkeypox in this outbreak report having close, sustained physical contact with other people who have Monkeypox.
Monkeypox can spread through contact with body fluids, lesions or shared items that have been contaminated with fluids by a person with Monkeypox such as bedding. In some instances, Monkeypox can also spread through respiratory droplets to persons in close proximity after prolonged exposure. Symptoms of Monkeypox may include rash, fever, swollen lymph nodes and body aches.
Suspected or confirmed Monkeypox cases in Lubbock County can be reported to the City of Lubbock Public Health Department at 806-775-2935.
For more information go to the City of Lubbock Public Health Department website or call the City of Lubbock Public Health Department at 806-775-2933, Monday through Friday, 8 a.m. to 5 p.m. | https://cw33.com/news/lubbock-sees-first-probable-monkeypox-case-in-the-county/ | 2022-07-14T14:06:18Z |
MCKINNEY (KDAF) — The PGA Tour’s AT&T Byron Nelson is set to begin in North Texas on May 12 (Thursday), but did you know some events have already been underway?
The tournament is set to tee off at TPC Craig Ranch in McKinney for a good cause, “Funds raised at the AT&T Byron Nelson benefit Momentous Institute and its education and mental health programs designed to build and repair children’s social emotional health. Since 1968, the tournament has raised $167 million for Momentous Institute, powered by the Salesmanship Club of Dallas, and transformed over 150,000 lives.”
Here’s what’s happened so far, Saturday (May 7) AT&T Byron Nelson 5K, Monday (May 9) Pro-Am and on Tuesday (May 10) the Celebrity-Am (this was closed to the public).
Now, it’s time to gear up for what’s to come from AT&T Byron Nelson; here’s what to expect:
- Wednesday: Healthcare Highways Pro-Am
- Thursday-Saturday: Rounds 1-3
- Saturday: Lee Brice Concert
- Sunday: Final Round
The PGA Tour also released its power rankings for the golfers playing in the AT&T Byron Nelson and to no ones surprise some Texas-natives are in the mix with No. 1 being Scottie Scheffler who just won the Masters.
- Scottie Scheffler
- Justin Thomas
- Will Zalatoris
- Jordan Spieth
- Sam Burns
- Talor Gooch
- Xander Schauffele
- Joaquin Niemann
- Brian Harman
- Hideki Matsuyama
Click here to find the field of players for the event. You can find all the information you can think of including tickets, fan experience, course, schedule, parking, etc. here. | https://cw33.com/news/local/things-to-know-about-pga-tours-att-byron-nelson-in-north-texas/ | 2022-05-10T19:50:47Z |
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- AGBA Acquisition Limited (NASDAQ: AGBA, the "Company"), a special purpose acquisition company, announced today that AGBA Holding Limited, the Company's initial public offering sponsor ("Sponsor"), has deposited into the Company's trust account (the "Trust Account") an aggregate of $504,430.65 (representing approximately $0.15 per ordinary share), in order to extend the period of time the Company has to complete a business combination for an additional three (3) months period, from August 16, 2022 to November 16, 2022. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited. The promissory note bears no interest and is convertible into the Company's units (with each unit consisting of one ordinary share, one warrant to purchase one-half of one ordinary share, and one right to receive one-tenth of one ordinary share upon the consummation of the Company's initial business combination) at a price of $10.00 per unit at the closing of a business combination by the Company. The purpose of the extension is to provide time for the Company to complete a business combination.
About AGBA Acquisition Limited
AGBA Acquisition Limited is a British Virgin Islands company incorporated as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company's efforts to identify a prospective target business will not be limited to a particular industry or geographic region, although the Company intends to focus on operating businesses in the healthcare, education, entertainment and financial services sectors that have their principal operations in China.
Forward-Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company's initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
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SOURCE AGBA Acquisition Limited | https://www.wibw.com/prnewswire/2022/08/12/agba-acquisition-limited-announces-additional-contribution-trust-account-extend-period-consummate-business-combination/ | 2022-08-12T12:49:04Z |
New York care provider names Medline supplier of all capital equipment and furnishings
NORTHFIELD, Ill., July 28, 2022 /PRNewswire/ -- Medline and St. Johnland Nursing Center, a New York-based post-acute care organization, today announced that Medline has been awarded a prime vendor contract for St. Johnland's new assisted living facility, expected to open its doors to residents in fall 2022. The company will be a supplier of all capital equipment and furnishings for the organization's assisted living facility.
The new contract is an extension of Medline's 30-plus year partnership with St. Johnland as the prime vendor for the company's skilled nursing facility. Through the new capital equipment and furnishings contract, more than 10 product divisions at Medline are collaborating to help the company build out the new facility with supplies like furniture, hand sanitizers, window treatments, paper goods and more. St Johnland is leveraging Medline's white-glove delivery service to deliver, assemble and install all equipment and furnishings.
"To maintain the highest standard of care, we need to stay on top of the changing healthcare needs of our community. Medline understands the evolving challenges in running a healthcare organization and has always focused on providing us with high quality products to meet our clinical and operational goals. We knew the company would be the best partner to help us outfit our new facility," said Mary Jean Weber, CEO of St. Johnland Nursing Center.
St. Johnland has been a prominent care organization in its community for 150-plus years. The new 100-bed assisted living facility will be on the same campus as its skilled nursing home and focus on serving individuals enrolled in Medicaid, which Weber anticipates will account for roughly 80% of residents.
"We are honored to have the opportunity to continue growing our partnership with St. Johnland as the organization expands its care services. Helping Weber and her team build out their new facility has been a multi-year project made possible due to the expertise across all our Medline divisions. Our goal is to leverage that internal collaboration to provide St. Johnland with reliable service to help healthcare run better," said John Piazza, sales representative, Medline Post-Acute Care.
Learn how Medline tailors solutions across the entire continuum of care as a manufacturer and distributor by visiting https://www.medline.com/supply-chain.
About Medline
Medline is a healthcare company; a manufacturer, distributor, and solutions provider focused on improving the overall operating performance of healthcare. Partnering with healthcare systems and facilities across the continuum of care, Medline provides the clinical and supply chain resources required for long-term financial viability in delivering high-quality care. With the scale of one of the country's largest companies and the agility of a family-led business, Medline is able to invest in its customers for the future and rapidly respond to a dynamically changing market with customized solutions. Headquartered in Northfield, Ill., Medline has 30,000+ employees worldwide and does business in more than 125 countries and territories. Learn more about Medline at www.medline.com.
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SOURCE Medline | https://www.mysuncoast.com/prnewswire/2022/07/29/medline-expands-prime-vendor-partnership-with-st-johnland-nursing-center/ | 2022-07-29T14:29:07Z |
NEW YORK, June 8, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Spero Therapeutics, Inc..
Shareholders who purchased shares of SPRO 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:
https://securitiesclasslaw.com/securities/spero-therapeutics-inc-loss-submission-form/?id=28180&from=4
CLASS PERIOD: October 28, 2021 to May 2, 2022
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 data submitted in support of the New Drug Application ("NDA") for the Company's product candidate, Tebipenem HBr, were insufficient to obtain approval from the U.S. Food and Drug Administration ("FDA"); (ii) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (iii) the foregoing would necessitate a significant workforce reduction and restructuring of Spero's operations; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: July 25, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/spero-therapeutics-inc-loss-submission-form/?id=28180&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of SPRO 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 July 25, 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.wibw.com/prnewswire/2022/06/08/shareholder-alert-gross-law-firm-notifies-shareholders-spero-therapeutics-inc-class-action-lawsuit-lead-plaintiff-deadline-july-25-2022-nasdaq-spro/ | 2022-06-08T10:04:05Z |
DLC, July 14, 2022 /PRNewswire/ -- AARP Pennsylvania State Director Bill Johnston-Walsh released the following statement in response to the passage of the 2022-23 Pennsylvania state budget.
"On behalf of our 1.8 million members, AARP Pennsylvania appreciates the steps taken by the Governor and General Assembly to distribute American Rescue Plan Act (ARPA) funds in the 2022-2023 state budget.
After a lifetime of hard work, Pennsylvania's seniors deserve to live with independence, security, and dignity. The availability of common-sense options will enable them to age in place in their homes and communities.
Understanding that increasing property taxes are most burdensome to residents who are older and on fixed incomes, AARP Pennsylvania advocated for the $140 million investment in the state's Property Tax Rent Rebate Program, which brings much needed relief at a time when high inflation - including the rising prices of gas, prescription drugs and food - is hitting older and disabled adults right in the pocketbook.
Additionally, the allocation of $125 million for a new Whole Home Repairs Program was also supported by AARP Pennsylvania to assist those who want to remain at home but lack the financial resources needed to pay for simple home repairs. The adoption of this program will also help Pennsylvanians make their homes more livable, and more energy efficient by fixing poorly functioning heating systems and tackling other projects that can help lower energy costs.
Lastly, the infusion of $250 million ARPA dollars to support the state's long-term care facilities -- nursing, assisted living, and personal care homes – and enhance care delivered at the bedside is critical to the health, safety and well-being of residents who depend upon the care provided by such facilities. On this point, our advocacy has been clear: residents and their families deserve to know that any licensed facility they go to will have adequate and safe staffing, and taxpayers have the right to expect value for the billions of dollars invested into long-term care.
ARPA funds did provide a historic opportunity to offer older Pennsylvanians with options to live in their homes and communities when health and financial limitations make that harder. While encouraged by these ARPA investments, we will continue advocating for Pennsylvania's decision makers to do more to expand home services, reduce service waiting lists and strengthen the paid long-term care workforce, so direct care staff can earn a living wage with benefits."
CONTACT: TJ Thiessen, (202) 374-8033, tthiessen@aarp.org
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SOURCE AARP Pennsylvania | https://www.mysuncoast.com/prnewswire/2022/07/14/aarp-pennsylvania-issues-statement-passage-state-budget/ | 2022-07-14T19:25:18Z |
BEIJING, June 10, 2022 /PRNewswire/ -- PPIO, a leading provider of edge cloud services, has raised nearly RMB 250 million (approx. USD 37.6 million) in a Series A financing led by Panlin Capital, China Creation Ventures (CCV), Shanghai Zhangjiang Technology Venture Investment and IMO Ventures, and with continued funding from existing investor BlueRun Ventures China (BRV China).
BRV China was the angel investor and led its pre-A round of financing exceeding RMB 100 million in 2021. With the Series A funding, PPIO has aggregated more than RMB 400 million in financings, making the firm among the top edge cloud vendors in China in terms of fundraising capability.
"We believe that the maturity of low latency computing is essential for many applications, such as cloud gaming, AR/VR, space digitization, metaverse and other next-generation life and work scenarios, to break into the mainstream consumer market and become truly viable businesses," said Jui Tan, Managing Partner of BRV China.
PPIO was co-founded by Wang Wenyu and former PPTV founder Yao Xin in 2018 to provide edge cloud computing services and solutions that meet the needs of low latency, high bandwidth, and large-scale distributed processing systems. Today, PPIO edge cloud solutions empower clients with distributed computing demands in more than 1,000 cities and regions in 30+ provinces across China in a shift from the central cloud.
The urge for high-performance cloud technologies is on the rise as industrial digitization accelerates. iResearch Consulting Group predicts China's connected Internet of Things (IoT) devices will reach 14.8 billion in 2023, up from 5.5 billion in 2019, representing a 28.1% CAGR. By 2025, China will be producing 48.6 zettabytes of data every year, IDC says. As a result, investment in edge technologies is set to grow at a highest ever pace in 2022 – a new Gartner, Inc. survey of global mid- to large enterprises found they are to spend an average of USD 462,000 on the technology in 2022, up 76% from a year ago.
"The migration of data storage to end devices from the central cloud is picking up pace, and the trend will be here to stay. Latency and bandwidth requirements will only be ever more stringent for application scenarios with end devices. Edge computing is the storage, processing and analysis of data nearer to the user's device to enable rapid, near real-time, and short-cycled analysis and response, to enable timely execution of local operations," said Mr. Yao, PPIO's founder.
Among PPIO's primary client base are internet firms that see low-latency transmission and large-scale cost control as staples, such as long and short video platforms, live streaming platforms and cell phone manufacturers. PPIO provides them with comprehensive solutions, including audio and video management, cloud security, and application performance optimization. In addition, an array of leading Internet companies, first-tier cloud computing service providers and unicorn-level startups have entered collaborations on edge cloud business with PPIO.
"We plan to invest the funding proceeds to further enhance proprietary technologies and edge infrastructure, as well as strengthen R&D into scenarios with yet higher requirements for ultra-low latency, such as ultra-low latency live streaming, cloud gaming, cloud rendering, connected vehicles and space digitization, " said PPIO's Mr. Yao.
"Mr. Yao and the PPIO team have developed deep insights into future interactive applications and service scenarios. BRV China is optimistic about the prospects and, over the long term, will support PPIO to reinforce its position as an industry leader," BRV China's Mr. Tan added.
About BRV China
BlueRun Ventures China (BRV China) is a leading early-stage venture firm in China with offices in Beijing and Shanghai. Having its heritage in Silicon Valley since 1998 and entered China in 2005, BRV China has managed over $2 billion through multiple USD and RMB funds, with over $1 billion cash distributions. BRV China focuses on investing in entrepreneurs who create a sustainable impact through technological innovations across enterprise services, transportation and smart machine, digital healthcare, and consumer technology sectors in China. The firm has invested in more than 150 portfolio companies, including Li Auto (NASDAQ: LI), QingCloud (688316.SH), WaterDrop (NYSE: WDH), Energy Monster (NASDAQ: EM), Mogujie/Meilishuo (NYSE: MOGU), Qudian (NYSE: QD), Ganji/58.com, PPTV, Guazi, Meishubao, Nanyan, Shanzhen, Gaussian Robotics, Yi Auto, Pinecone, etc. The firm has been recognized as the "No.1 Early-Stage Investment Firm" in China by Zero2IPO and ChinaVenture, and "Consistent Performing Venture Capital Fund Manager" by Preqin. For further information, please visit https://www.brv.com.cn/en/.
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SOURCE BRV China | https://www.wibw.com/prnewswire/2022/06/10/brv-china-backed-edge-cloud-provider-ppio-closes-rmb-250-million-series-financing/ | 2022-06-10T11:07:48Z |
Deal advances DigiCert's vision to deliver comprehensive managed security solutions
LEHI, Utah, June 9, 2022 /PRNewswire/ -- DigiCert, Inc., a leading global provider of Digital Trust, backed by Clearlake Capital Group L.P. (together with its affiliates, "Clearlake"), Crosspoint Capital Partners L.P. ("Crosspoint") and TA Associates ("TA"), today announced that it has acquired DNS Made Easy, a global provider of enterprise-grade managed Domain Name System (DNS) services, as well as affiliated brands, including Constellix. Terms of the transaction were not disclosed.
"The integration of DigiCert and DNS Made Easy adds value to customers," said Greg Clark, Managing Partner at Crosspoint Capital Partners and Chairman of DigiCert's Board of Directors. "In addition to providing excellent DNS services, this combination enhances the security of certificate validation and enables the automation of future validations, paving the way for automated certificate lifecycle management. This strategic acquisition showcases our commitment, in partnership with Clearlake, TA and the DigiCert tecyam, to drive growth and expand DigiCert's product offering."
The acquisition of DNS Made Easy expands DigiCert's digital trust portfolio to include managed DNS services with one of the fastest DNS response times and global availability. It also enables DigiCert and its reseller partners to offer customers a seamless approach to certificate lifecycle management, including more efficient domain control validation, an integrated DNS and certificate experience, and simplified DNS configuration.
"DNS management is essential for digital business, and adding DNS Made Easy and its best-in-class solutions is further solidifying DigiCert's role as the defining company in digital trust," said Deepika Chauhan, Executive Vice President at DigiCert. "The combination of core web services — enhanced DNS management and DigiCert's industry-leading certificate lifecycle management — provides a compelling solution to better service our customers and simplify certificate renewal."
DNS Made Easy has experienced strong double-digit growth over the past few years by providing authoritative managed DNS services that are simpler, faster and more reliable on a global scale than other providers. The company's offerings include high-performance response time, a proven record of five 9's availability for more than a decade, internet traffic optimization, enterprise network monitoring as well as other advanced DNS and CDN management features. DNS Made Easy solutions are powered by a network that handles more than 38 billion resolutions per day and services leading digital brands such as Twilio, Palo Alto Networks and Under Armour.
"DNS Made Easy is thrilled to join forces with DigiCert," said DNS Made Easy CEO Steven Job. "We have established a strong global network with industry-leading uptime, reliability and web load times. We're excited about the scale of DigiCert's operations — including its vast partner network — to help more companies of all sizes, including the world's leading brands, experience a solution that improves their web operations and security."
DigiCert is a leading global provider of digital trust, enabling individuals and businesses to engage online with the confidence that their footprint in the digital world is secure. DigiCert® ONE, the platform for digital trust, provides organizations with centralized visibility and control over a broad range of public and private trust needs, securing websites, enterprise access and communication, software, identity, content and devices. DigiCert pairs its award-winning software with its industry leadership in standards, support and operations, and is the digital trust provider of choice for leading companies around the world. For more information, visit digicert.com or follow @digicert.
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are technology, industrials, and consumer. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.
Crosspoint Capital Partners is a private equity investment firm focused on the cybersecurity, privacy and infrastructure software markets. Crosspoint has assembled a group of highly successful operators, investors and sector experts to partner with foundational technology companies and drive differentiated returns. Crosspoint has offices in Menlo Park, CA and Boston, MA. For more information visit: www.crosspointcapital.com.
TA Associates is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 550 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $47.5 billion in capital since its founding in 1968. The firm's more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. More information about TA Associates can be found at www.ta.com.
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SOURCE DigiCert, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/09/digicert-acquires-dns-made-easy-extending-its-leadership-digital-trust-with-enterprise-grade-managed-dns-services/ | 2022-06-09T12:44:22Z |
WASHINGTON, June 28, 2022 /PRNewswire/ -- Certified Financial Planner Board of Standards, Inc. (CFP Board) announced that it has imposed an interim suspension of the CFP® certification against Patrick M. Egan, which is effective as of June 21, 2022.
Pursuant to Mr. Egan's consent, CFP Board issued an automatic interim suspension order suspending Mr. Egan's right to use the CFP® certification marks after receiving evidence that the U.S. Securities and Exchange Commission (SEC) filed a Complaint with the U.S. District Court for the Central District of California, seeking remedies for an alleged violation of Rule 15l-1(a) of the Securities Exchange Act of 1934, better known as "Reg BI." In its Complaint, which the SEC brought against Mr. Egan and other co-defendants, the SEC alleged that the defendants failed to comply with care obligations because they failed to exercise reasonable diligence, care and skill to understand the risks, rewards and costs associated with certain alternative investments and by recommending those investments to certain retail customers without a reasonable basis to believe they were in those customers' best interests. As of the date of the interim suspension order, the SEC's Complaint remains pending. Under the automatic interim suspension order, Mr. Egan's right to use the CFP® certification marks is suspended pending CFP Board's completed investigation and possible further disciplinary proceedings.
An interim suspension is a suspension of a CFP® professional's Certification and Trademark License during the pendency of proceedings. A Respondent subject to an Interim Suspension Order must not use the CFP® certification marks or state or suggest that Respondent is a CFP® professional while the Interim Suspension Order is in effect. An Interim Suspension Order is a temporary sanction and does not preclude CFP Board from imposing a final sanction. An Interim Suspension Order will remain in place until the Disciplinary and Ethics Commission (DEC) issues a final order or, if an appeal is filed, until CFP Board's Appeals Commission issues a final order. CFP Board may vacate an Interim Suspension Order if the underlying Professional Discipline is vacated or reversed or if Respondent provides sufficient evidence indicating that Respondent was not the subject of the Professional Discipline. A Hearing Panel of the DEC may issue an Order to vacate an Interim Suspension Order upon a successful Petition to Vacate an Interim Suspension Order by Respondent.
The basis for this decision also may be found on CFP Board's website at CFP.net/verify, where CFP Board provides the public with:
- An Individual's CFP Board disciplinary history and CFP® certification status.
- Links to other sources of information about CFP® professionals that may be more recent or that may contain information that has not led to CFP Board discipline and does not appear on CFP Board's website. This information may include customer disputes, disciplinary actions taken by a regulator or employer, certain criminal matters and certain financial matters (such as bankruptcy proceedings and unpaid judgments or liens).
- Links to the Financial Industry Regulatory Authority's (FINRA's) BrokerCheck and the SEC's Investment Adviser Public Disclosure databases for individuals who are subject to FINRA or SEC oversight.
As part of their certification, CFP® professionals make a commitment to CFP Board to abide by CFP Board's Code of Ethics and Standards of Conduct (Code and Standards) or its predecessor, the Standards of Professional Conduct (Standards), which included the Code of Ethics and Professional Responsibility, Rules of Conduct and Financial Planning Practice Standards. CFP Board's Procedural Rules set forth the process for investigating matters and imposing sanctions where violations have been found.
CFP Board enforces its ethical standards by investigating alleged violations and, where there is probable cause to believe there are grounds for sanction, presents a Complaint containing the alleged violations to CFP Board's DEC. The DEC meets at least six times a year to review any matter in which CFP Board has alleged that a CFP® professional has violated the Code and Standards, or its predecessor Standards, or an individual on the pathway to CFP® certification has violated the Pathway to CFP® Certification Agreement. The DEC functions in accordance with the Procedural Rules and reviews all matters on a case-by-case basis, considering the details specific to an individual case. If the DEC determines there are grounds for sanction, then it may impose a sanction. DEC orders may be appealed by a CFP® professional or by CFP Board pursuant to the Procedural Rules.
In certain circumstances, such as when a CFP® professional is in default due to failure to acknowledge receipt of a Notice of Investigation or file an Answer, CFP Board staff must deliver an Administrative Order of Suspension, Temporary Bar, Revocation or Permanent Bar. Administrative Orders also are subject to appeal.
More information on CFP Board's enforcement process can be found at CFP.net/ethics/enforcement.
Certified Financial Planner Board of Standards, Inc. is the professional body for personal financial planners in the U.S. CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. CFP Board, along with its Center for Financial Planning, is committed to increasing the public's awareness of CFP® certification and access to a diverse, ethical and competent financial planning workforce. Widely recognized by firms and consumer groups as the standard for financial planning, CFP® certification is held by more than 93,000 people in the United States.
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SOURCE Certified Financial Planner Board of Standards, Inc. | https://www.wibw.com/prnewswire/2022/06/28/cfp-board-imposes-interim-suspension-patrick-m-egan-alhambra-california/ | 2022-06-28T14:25:25Z |
Closes Second Value-Add Multifamily Fund at $215 Million and Holds First Close on Multifamily Development Funding Vehicle with Target of $160 Million
INDIANAPOLIS, May 25, 2022 /PRNewswire/ -- Buckingham Companies ("Buckingham"), a vertically integrated, full service real estate company, announced today it closed its second real estate fund, the value-add Buckingham Multifamily Fund 2 (BMF2), at $215 million. This follows the firm's inaugural BMF 1 Fund, also using a value-add strategy of acquiring multifamily and mixed-use properties located in surging U.S. secondary markets in the Midwest and Southeast.
Additionally, Buckingham announced the first closing of a new multifamily development funding vehicle with a target of $160 million. The funding vehicle is intended to target ground-up construction of amenitized, workforce multifamily properties in vibrant U.S. secondary markets throughout the U.S. BMF2 and the new development funding vehicle plan to collectively acquire or develop over $1 billion in value of multifamily assets over the next three years.
Buckingham Multifamily Fund 2 (BMF2)
BMF2 closed and achieved 100% reinvestment participation from previous fund investors in Buckingham Multifamily Fund 1 (BMF1), Buckingham's flagship fund, which closed in May 2018. Investors in Fund 2 include large American and non-U.S. public and private institutional investors. Fund 2 has a continued focus on multifamily markets in the Midwest and Southeast and has already allocated 45% of its commitments to multifamily communities in four cities. Continuing its value-add investment thesis for Fund 2, Buckingham will increase asset value through management efficiencies, property upgrades, interior/exterior renovations, and improved amenities.
Bradley B. Chambers, CEO of Buckingham Companies, said, "We are thrilled to have the continued support of current best in class limited partners, and we welcome our new LP partners in BMF2. Their support recognizes the exceptional track record and operational excellence of the Buckingham team and is a validation of our investment strategies. Multifamily continues to provide compelling risk-adjusted returns. We see ongoing opportunities ahead for well-located multifamily housing for these new vehicles."
Buckingham Multifamily Development Funding Vehicle
Buckingham has partnered with LaSalle Global Partner Solutions on investing in the development of workforce housing. The development funding vehicle's portfolio is planning to invest in six new ground-up construction multifamily development projects located in growing secondary markets, including Raleigh-Durham, Louisville, and Denver. Two projects have broken ground upon the development funding vehicle's first close, in Raleigh-Durham and in Denver's northern suburb of Loveland, CO.
Buckingham has a 38-year track record of delivering high-quality apartments via its fully integrated platform with an in-house team. The development funding vehicle's strategy is centered on Buckingham's proprietary development model focused on cost efficiencies, speed to market, and delivering elevated design and amenity packages in growing housing markets in need of high-quality multifamily housing.
"We're thrilled to be partnering with Buckingham and benefiting from their experience in all areas of the multifamily sector. They have an exceptional track record over a very long period of time which is an obvious fit for our clients and capital," said Andy Buchanan, Senior Vice President of LaSalle Global Partner Solutions.
About Buckingham Companies
Founded in 1984, Buckingham Companies is a fully integrated real estate investment firm specializing in the development, acquisition, management, and construction of multifamily, mixed-use, commercial and hospitality projects across the United States. Buckingham currently owns or manages a portfolio of over $2.6 billion of real estate for its own account and institutional partners. Buckingham has managed more than 125 properties, more than 28 million square feet, and over 25,000 rental units nationwide. The Indianapolis-based company has approximately 350 employees. Additionally, the affiliated Buckingham Foundation annually supports more than 50 nonprofit and civic organizations through philanthropic outreach in the areas of affordable housing, community and economic development, and arts and culture. For more information, visit www.buckingham.com.
For more information on Buckingham investment opportunities, please contact Sourav Goswami, Managing Director, Strategic Capital Partnerships at Buckingham | Sourav.goswami@buckingham.com
Media Contacts:
Lambert
Lisa Baker, 603-868-1967, lbaker@lambert.com or
Caroline Luz, 203-656-2829, cluz@lambert.com
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SOURCE Buckingham Companies | https://www.mysuncoast.com/prnewswire/2022/05/25/buckingham-targets-over-1-billion-real-estate-value-over-life-two-investment-vehicles/ | 2022-05-25T14:39:10Z |
MELVILLE, N.Y., July 7, 2022 /PRNewswire/ -- Micross Components, Inc. ("Micross"), a leading global provider of mission-critical microelectronic components and services for high-reliability aerospace, defense, space, medical, and industrial applications, is pleased to announce the expansion of our Hi-Rel Products Division with the appointments of Michael Agic to the position of General Manager of Micross Hi-Rel Components, and Estro Vitantonio to the position of General Manager of Micross Hi-Rel Diodes and Data Bus Couplers & Harness Assemblies.
Mr. Agic comes to Micross with over 24 years of experience in the hi-rel microelectronics market, serving in system engineering, product management, and executive leadership roles for industry leading manufacturers, including Cobham Advanced Electronics Solutions, Data Device Corporation, Ultra Electronics, Sensitron Semiconductor, and Motorola. Michael holds a Master's of Science degree and a Bachelor's of Science degree in Electrical Engineering, and will operate from Micross' Center of Excellence in Apopka, FL. Micross' Hi-Rel Components Group offers hi-rel commercial, defense, and space qualified packaged microelectronics, including RF/Power Devices, Memory, Logic, Motion Control and other functional ICs, as standard, QPL, and custom products, in MCM, FPGA, and ASIC form factors that are available in hermetic or plastic packaging, and offered as radiation hardened by design/process or up-screened as needed to meet extended temperature and radiation requirements.
Mr. Vitantonio comes to Micross with over 30 years of experience in the hi-rel electronic components market, serving in engineering, product management, and executive leadership roles including President and CEO for industry leading manufacturers, including PAAL Technologies, Data Device Corporation, North Hills Signal Processing and Pulse Electronics. Estro holds an MBA in Operations Management and Finance, and a Bachelor's of Science degree in Mechanical Engineering, and will operate from Micross' Center of Excellence in Apopka, FL. Micross' Hi-Rel Diodes and Data Bus & Harness Assemblies Group offers hi-rel commercial, defense, and space qualified diodes and MIL-STD-1553 data bus couplers & harness assemblies, as standard, QPL, and custom products, that are available as needed to meet extended temperature and radiation requirements.
Jeremy Adams, Vice President of Micross Products & Services, stated, "The appointments of Michael and Estro further reinforce Micross' rapidly expanding Hi-Rel Products Division, providing highly experienced and focused executive resources to drive new product development and deliver unmatched program support. We are excited to have such capable and accomplished leaders serve our valued customers, and accelerate the expansion of our industry leading high reliability product solutions."
Related Link: https://www.micross.com/Hi-Rel_Products_GMs
For questions regarding article development, please contact:
Chris Stabile, Director of Corporate Marketing Communications
Micross Components
chris.stabile@micross.com
Micross is the most complete provider of advanced microelectronic services and component, die and wafer solutions. With the broadest authorized access to die & wafer suppliers, and the most comprehensive advanced packaging, assembly, modification and test capabilities, Micross is uniquely positioned to provide unparalleled high-reliability solutions from bare die, to fully packaged devices, to complete program lifecycle sustainment. For more than 40 years, Micross has been a trusted source for the aerospace, defense, space, medical, energy, industrial, and other markets.
For more information about Micross, please visit www.micross.com.
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SOURCE Micross Components | https://www.kxii.com/prnewswire/2022/07/07/micross-components-hi-rel-products-division-expands-leadership-with-appointments-general-managers-michael-agic-estro-vitantonio/ | 2022-07-07T15:26:03Z |
The Miami-Inspired Pre-Mixed Drinks Line Is Perfect For Warm-Weather Sipping
MIAMI, Aug. 4, 2022 /PRNewswire/ -- Haig Club is making a splash this summer with the launch of a new line of delicious ready-to-drink beverages: Haig Club Clubman Canned Cocktails. Crafted with a base of Haig Club Clubman Whisky, soda and natural flavors, the brand-new, pre-mixed effervescent drinks are available in Ginger Lime & Soda and Citrus Yuzu & Soda. Designed in partnership with Haig Club brand partner and Inter Miami CF (IMCF) co-owner David Beckham, these elevated canned cocktails were inspired by the vibrancy of Miami. The cans became available throughout South Florida beginning in mid-July 2022.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9074851-haig-club-clubman-canned-cocktails-premium-ready-to-enjoy-beverages
Packaged in the same electric blue as the brand's striking whisky bottle, Haig Club Clubman Canned Cocktails are convenient for warm-weather moments, whether enjoyed on the beach, poolside or while watching IMCF games. These pre-mixed cocktails taste delicious cold, straight from the can or poured over ice with a slice of citrus.
David Beckham said, "Miami is such a special place to me. It is a city with a unique and energetic spirit and it is these qualities that not only inspired me to bring my football club here, but also inspired the new Haig Club Clubman Canned Cocktails. I'm really excited that locals and visitors can now enjoy these delicious, one-of-a-kind drinks, whether they are at the beach or in the stadium."
These fresh-tasting drinks are expertly crafted to honor David Beckham's penchant for smooth luxury, accentuating the light, smooth taste of Haig Club Clubman. The whisky base gives these canned cocktails subtle notes of butterscotch, green apple and a lingering hint of cinnamon spice, while premium ingredients like fiery ginger root and bright citrus provide complexity and nuance. The Ginger Lime & Soda flavor begins with an aroma of fresh ginger and a hint of spice, followed by a taste of crisp ginger ale with undertones of scotch, finishing with sweet ginger and a twist of lime. The Citrus Yuzu & Soda flavor starts with an aroma of juicy citrus, followed by a taste of fresh lemon and rindy yuzu, finishing with a hint of sweet, candied lemon. Topped with bubbly seltzer, the result is a balanced and delicious ready-to-enjoy cocktail, perfect for sipping this summer.
Haig Club Clubman Canned Cocktails are available to purchase on ReserveBar, Drizly.com, the Drizly app and in select alcohol retailers in South Florida. The canned cocktails are sold individually and in packs of four with a suggested retail price of $3.99 and $14.99 respectively.
ABOUT HAIG CLUB
Founded in partnership with global icon David Beckham, Haig Club is a sophisticated whisky designed for the modern world. Launched in the U.S in South Florida as the official whisky of the Inter Miami CF, Haig Club Clubman is crafted to honor Beckham's penchant for smooth luxury. This versatile whisky can stand alone, complement other ingredients when mixed into a drink and serve as the perfect bright and bold base for Haig Club Clubman Canned Cocktails. To learn more about Haig Club, please visit www.haigclub.com/en or follow @haigclub on Instagram.
ABOUT DIAGEO
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness.
Diageo is listed on both the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange (LSE: DGE) and their products are sold in more than 180 countries around the world.
For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practices. Follow Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.
Please Drink Responsibly. HAIG CLUB GINGER LIME & CITRUS YUZU. Scotch Whisky Mixed With Soda And Natural Flavors. 5.8% Alc/Vol. Haig Club Canning Co., STE. Genevieve, MD.
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SOURCE DIAGEO | https://www.kxii.com/prnewswire/2022/08/04/introducing-haig-club-clubman-canned-cocktails-new-range-premium-ready-to-enjoy-beverages/ | 2022-08-04T17:13:02Z |
SHENZHEN, China, May 16, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.
Financial and Operational Highlights
In the three months ended March 31, 2022:
- Net profit of the Company was RMB649 million (US$102 million). Non-IFRS net profit of the Company[1] was RMB939 million (US$148 million), representing a 7.6% increase on a sequential basis.
- Total revenues were RMB6.64 billion (US$1.05 billion), representing a 15.1% year-over-year decrease.
- Revenues from music subscriptions were RMB1.99 billion (US$314 million), representing an increase of 17.8% year-over-year.
- Online music paying users reached 80.2 million, increasing by 31.7% year-over-year. On a sequential basis, the number of online music paying users grew by 4.0 million. Paying ratio was 13.3%, up from 12.4% and 9.9% in the fourth and first quarter of 2021, respectively.
- Net profit attributable to equity holders of the Company was RMB609 million (US$96 million) and Non-IFRS net profit attributable to equity holders of the Company[1] was RMB899 million (US$142 million).
"We delivered a healthy 18% year-over-year growth in subscription revenues with paying users exceeding 80 million in the first quarter, as supported by our dual engine content-and-platform strategy. Despite the headwinds in an evolving market landscape, which resulted in a year-over-year decline in total revenues, our efforts to optimize cost structure and improve operating efficiency led to improved profitability quarter-over-quarter," said Mr. Cussion Pang, Executive Chairman of TME. "In an era of increasing entertainment choices, the ability to sustain a competitive advantage is awarded to those who offer users a differentiated experience. We are encouraged by the increasing benefits our original content production investments and Tencent Musician Platform have brought to our users, musicians and the overall content ecosystem. With these initiatives, we continue to make critical investments that align with our long-term strategic goals and create sustainable value for all our music stakeholders."
"In the first quarter, we continued to build an immersive music entertainment ecosystem, bringing music lovers innovative possibilities for how they listen, watch, sing and play. With the goal of creating a sense of belonging that makes our products a must-have, we look for ways to address the multi-faceted needs of diverse user cohorts," said Mr. Ross Liang, CEO of TME. "In the first quarter, we further strengthened our cooperation with Tencent's ecosystem in content production and promotion, with the rewards becoming increasingly manifest. In addition, our long-form audio continued to gain traction thanks to differentiated content, and we are working on improving its monetization efficiency mainly through memberships. Moving forward, we will continue to make our ecosystem, content, products and services differentiated and highly specialized. This, in turn, will help us better serve hundreds of millions of music lovers, music creators and the music industry as a whole, and unlock the massive opportunity in front of us," concluded Mr. Liang.
Recent Operational Highlights
- TME's online music and social entertainment services key operating metrics[2]
- The year-over-year decline in online music mobile MAUs was primarily due to churn of our casual users and reduced marketing spending required by our more disciplined cost management. However, online music paying users continued to deliver robust year-over-year and quarter-over-quarter growth, reaching 80.2 million, which was attributable to our high-quality content and services, effective promotions, as well as improvement in paying user loyalty.
- Social entertainment services MAUs and paying users were lower year-over-year and quarter-over-quarter, affected by industry and macro headwinds. We will continue to improve our competitiveness through ongoing product innovations and new initiatives in social entertainment such as audio live streaming, international expansion and virtual interactive product offerings.
- We remained committed to strengthening our original content production capabilities, to systematically create, evaluate and promote music.
- Tencent Musician Platform cultivates budding musicians by providing them with all-round services to help showcase their talent and passion.
- Our TME Chart serves as a solid music rating infrastructure, showcasing our commitment to promoting healthy and sustainable industry development. In the first quarter, we released the TME Music Chart Annual Review, providing a snapshot of the Chinese music landscape in 2021 with ratings and reviews of over 1,800 songs and generating a huge wave of social buzz from professionals and music lovers upon release.
- Our platform strategy embodies our commitment to continuous product innovations. We are creating a more immersive user experience with enhancements to our four pillars of music entertainment: listen, watch, sing and play.
- Long-form Audio: We expanded and differentiated our long-form audio content by enriching our podcast ecosystem and enhancing our joint content operation with popular IPs. Mid- and long-tail podcast hosts are flourishing in the TME ecosystem. For instance, Lao Shi Qi and his audio title "The Northern Time Raiders" racked up 23 million streams within one month since its launch.
- We are committed to fulfilling our social responsibilities. In the first quarter, we initiated an autism care charity project, "Shape of Music," which featured our first public welfare digital collectable single, "The Brightest Star" among others, to advocate for social connections with autism groups while allowing music to not only be heard but also seen and treasured through the crossover of different content and art forms online and offline.
First Quarter 2022 Financial Results
Revenues
Total revenues for the first quarter of 2022 decreased by RMB1.18 billion, or 15.1%, to RMB6.64 billion (US$1.05 billion) from RMB7.82 billion in the same period of 2021.
- Revenues from online music services for the first quarter of 2022 decreased by 4.8% to RMB2.62 billion (US$413 million) from RMB2.75 billion in the same period of 2021. Revenues from music subscriptions were RMB1.99 billion (US$314 million), representing a 17.8% growth compared to RMB1.69 billion in the first quarter of 2021, primarily due to the increase in the number of paying users by 31.7%. ARPPU decreased from RMB9.3 in the first quarter of 2021 to RMB8.3 this quarter. The decrease in ARPPU was mainly due to promotions offered to attract users. We are focusing on the quality growth of our subscription revenue while maintaining a stable ARPPU. Revenues from advertising decreased on a year-over-year basis due to the impact from industry adjustments on splash ads and the COVID-19 pandemic in some major cities. Sublicensing revenues also decreased on a year-over-year basis due to restructuring of agreements with certain music labels.
- Revenues from social entertainment services and others for the first quarter of 2022 decreased by 20.6% to RMB4.03 billion (US$635 million) from RMB5.08 billion in the same period of 2021. On a year-over-year basis, ARPPU increased by 8.1% in the first quarter of 2022, while paying users of social entertainment services decreased by 26.5%. The decrease was mainly due to the impact of evolving macro environment and increased competition from other pan-entertainment platforms.
Cost of Revenues
Cost of revenues for the first quarter of 2022 decreased by 10.7% to RMB4.78 billion (US$755 million) from RMB5.36 billion in the same period of 2021. The decrease was primarily due to decrease in revenue sharing fees and agency fees resulting from decrease in revenues from social entertainment services and advertising services while the revenue sharing ratio remained stable on a year over year basis. Content costs also decreased as a result of improved efficiency.
Gross Profit and Gross Margin
Gross profit for the first quarter of 2022 decreased by 24.6% to RMB1.86 billion (US$293 million) from RMB2.47 billion in the same period of 2021. Gross margin for the first quarter of 2022 decreased by 3.5% to 28.0% from 31.5% in the same period of 2021. This decrease in gross margin was primarily because revenue from online music accounted for a higher percentage of revenue, which typically has a lower gross margin.
Operating Expenses for the Period
Total operating expenses for the first quarter of 2022 decreased by 13.7% to RMB1.34 billion (US$212 million) from RMB1.56 billion in the same period of 2021. Operating expenses as a percentage of total revenues slightly increased to 20.2% in the first quarter of 2022 from 19.9% in the same period of 2021. After excluding the impact from the post-acquisition awards, share-based compensation expenses and amortization of intangible assets arising from the acquisition of Lazy Audio, operating expenses as a percentage of total revenues would have decreased by 0.4% year-over-year.
- Selling and marketing expenses were RMB330 million (US$52 million), representing a decrease of 50.9% year-over-year from RMB672 million in the same period of 2021. This decrease was primarily due to tighter control over marketing expenses and optimization of the overall promotion structure to improve operating efficiency. We continued to effectively manage external promotion channels' efficiency and better utilize internal traffic to attract users and promote our brand.
- General and administrative expenses were RMB1.01 billion (US$160 million), representing an increase of 14.6% year-over-year from RMB883 million in the same period of 2021. The increase was mainly due to increased investment in research and development to expand our competitive advantages in product and technology innovations. Meanwhile, we are closely monitoring employee related expenses and improving headcount efficiency. Post-acquisition awards, share-based compensation expenses and amortization of intangible assets arising from the acquisition of Lazy Audio also contributed to the increase in general and administrative expenses.
Operating Profit for the Period
Operating profit was RMB749 million (US$118 million) in the first quarter of 2022, compared to an operating profit of RMB1.16 billion in the same period of 2021.
Income Tax Expenses
Effective tax rate in the first quarter of 2022 was 12.2%, compared to 11.5% in the same period of 2021. The increase in effective tax rate was mainly because some of our entities are entitled to different tax benefits in 2021 and 2022.
Net Profit and Non-IFRS Net Profit for the Period
Net profit attributable to equity holders of the Company for the first quarter of 2022 was RMB609 million (US$96 million), compared to a net profit of RMB926 million in the same period of 2021. Non-IFRS net profit attributable to equity holders of the Company was RMB899 million (US$142 million) for the first quarter of 2022, compared to RMB1.18 billion in the same period of 2021. Please refer to the section in this press release titled "Non-IFRS Financial Measure" for details.
Earnings per ADS
Basic and diluted earnings per American Depositary Shares ("ADS") were RMB0.37 (US$0.06) and RMB0.37(US$0.06), respectively, for the first quarter of 2022. Non-IFRS basic and diluted earnings per ADS were RMB0.55 (US$0.09) and RMB0.54 (US$0.09), respectively, for the first quarter of 2022. During the first quarter of 2022, the Company had weighted averages of 1.64 billion basic and 1.65 billion diluted ADSs outstanding, respectively. Each ADS represents two of the Company's Class A ordinary shares.
Cash, Cash Equivalents, Term Deposits and Short-term Investments
As of March 31, 2022, the combined balance of the Company's cash, cash equivalents, term deposits and short-term investments amounted to RMB25.93 billion (US$4.09 billion), compared to RMB24.69 billion as of December 31, 2021. The increase in cash, cash equivalents, term deposits and short-term investments was primarily due to cash flows generated from operations of RMB2.49 billion (US$393 million), partially offset by cash used in the purchase of land use right and share repurchases. Such combined balance was also affected by the change in the exchange rate of RMB to USD at different balance sheet dates. The exchange rate was 6.3393 to 1 on March 31, 2022.
Share Repurchase Program
Pursuant to the 2021 Share Repurchase Program announced on March 28, 2021, as of May 13, 2022, we have repurchased approximately 73.3 million ADSs from the open market with cash for a total consideration of approximately US$674 million.
Conference Call Information
TME's management will hold a conference call on Monday, May 16, 2022, at 8:00 P.M. Eastern Time or 8:00 A.M. Beijing Time on Tuesday, May 17, 2022, to discuss its financial results. Listeners may access the call by dialing the following numbers:
The replay will be accessible through May 23, 2022, by dialing the following numbers:
A live and archived webcast of the conference call will also be available on the Company's investor relations website at https://ir.tencentmusic.com/.
Exchange Rate
This announcement contains translations of certain RMB amounts into U.S. dollars ("USD") at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB6.3393 to US$1.00, the noon buying rate in effect on March 31, 2022, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred could be converted into USD or RMB, as the case may be, at any particular rate or at all. For analytical presentation, all percentages are calculated using the numbers presented in the financial statements contained in this earnings release.
Non-IFRS Financial Measure
The Company uses non-IFRS net profit for the period, which is a non-IFRS financial measure, in evaluating its operating results and for financial and operational decision-making purposes. TME believes that non-IFRS net profit helps identify underlying trends in the Company's business that could otherwise be distorted by the effect of certain expenses that the Company includes in its profit for the period. TME believes that non-IFRS net profit for the period provides useful information about its results of operations, enhances the overall understanding of its past performance and future prospects and allows for greater visibility with respect to key metrics used by its management in its financial and operational decision-making.
Non-IFRS net profit for the period should not be considered in isolation or construed as an alternative to operating profit, net profit for the period or any other measure of performance or as an indicator of its operating performance. Investors are encouraged to review non-IFRS net profit for the period and the reconciliation to its most directly comparable IFRS measure. Non-IFRS net profit for the period presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company's data. TME encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.
Non-IFRS net profit for the period represents profit for the period excluding amortization of intangible and other assets arising from acquisitions, share-based compensation expenses, net losses/gains from investments and income tax effects.
Please see the "Unaudited Non-IFRS Financial Measure" included in this press release for a full reconciliation of Non-IFRS net profit for the period to its net profit for the period.
About Tencent Music Entertainment
Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to use technology to elevate the role of music in people's lives by enabling them to create, enjoy, share and interact with music. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
Investor Relations Contact
Tencent Music Entertainment Group
ir@tencentmusic.com
+86 (755) 8601-3388 ext. 818415
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SOURCE Tencent Music Entertainment Group | https://www.wibw.com/prnewswire/2022/05/16/tencent-music-entertainment-group-announces-first-quarter-2022-unaudited-financial-results/ | 2022-05-16T20:54:56Z |
Google announces new smartphones, a watch and tablet at its I/O developer conference
By Rishi Iyengar and Rachel Metz, CNN Business
Google on Wednesday unveiled an expanded lineup of hardware products in the latest sign it remains committed to moving beyond its core advertising business and competing with the likes of Apple.
At its first in-person developer conference in three years, Google announced three new smartphones and its first in-house smartwatch as well as plans to release a new tablet next year. Google also announced updates to several of its most popular tools including Maps, Google Translate and its core search product.
Here are the key takeaways:
Three new Pixel smartphones
Google surprised fans of its smartphone lineup on Wednesday by teasing two new flagship devices — the Pixel 7 and Pixel 7 Pro. While the company didn’t share many details, the two smartphones are expected to be released this fall.
Google also announced the Pixel 6a smartphone, a more affordable version of its Pixel 6 lineup released earlier this year. The Pixel 6a is powered by Google’s in-house Tensor chip and will come in three colors — green, white and black.
It will cost $449 and be available July 21.
Pixel Watch
There are no shortage of Android smartwatches on the market, but now Google is planning to manufacture a new smartwatch of its own for the first time.
The company teased the much-hyped Pixel Watch, which will use Google’s WearOS operating system and be compatible with services such as its voice-enabled Google Assistant, Google Maps and Google Wallet.
An integration with Fitbit, which Google acquired in 2019, will add several activity tracking and fitness features.
The Pixel Watch will be available in the fall, along with the Pixel 7 lineup. Google also teased a new Pixel Tablet, which the company says will be released in 2023.
Pixel Buds Pro
Google also announced a new iteration of its bluetooth earbuds called the Pixel Buds Pro.
Available in four colors — orange, green, white and black — the new earbuds offer features such as active noise cancellation and spatial audio. The Pixel Buds Pro will cost $199 and release on July 21.
Immersive maps
Beyond the hardware, there were also a number of new software updates. Google Maps users will soon be able to get a real-world view of certain cities via a 3D view of popular sights, restaurants and businesses in order to better visualize the space. While Maps already offers satellite view and street view options, Google says its new immersive view feature combines those two to “create a rich, digital model” that makes users feel like they’re on the ground.
A sliding scale will let users see what the area looks like at different times of day, how busy it is, and local traffic conditions.
Immersive view will be available in Los Angeles, London, New York, San Francisco and Tokyo later this year, on all mobile devices using Google’s Android operating system. The company said it plans to add more cities as it develops the feature.
Google Translate
Google is adding 24 languages to its translation tool, Google Translate — a move the company said focuses on languages of Africa and India broadly, and languages generally underserved by technology.
They include Quechua, which is spoken in the Andes, particularly in Peru; Lingala, a language spoken in the Democratic Republic of the Congo; Assamese, which is spoken in northeast India; and Tigrinya, which is spoken in Ethiopia and Eritrea.
The additional languages bring the total number that the tool can translate to 133, and will be available to all Google Translate users in the coming days, the company said.
A new skin-tone scale
Google is launching a new skin-tone scale it hopes will make its products more inclusive.
Many beauty and tech companies classify skin shades based on what’s known as the Fitzpatrick scale. Developed in the 1970s by a Harvard dermatologist, it is used to classify how different skin colors respond to UV light (and, through that, predict a person’s risk of sunburn and skin cancer). Despite including only six skin shades, it’s been used by tech companies for years to inform everything from the colors of emoji and how wearable heart-rate monitors work on different skin tones to efforts to make AI fairer at Facebook.
The company said it will start using the Monk skin tone scale, which was developed by Harvard professor Ellis Monk and includes 10 different shades. Google is using it to do things such as test how well AI models (such as those that can spot faces in pictures) work on people of different skin tones. The company is also using the scale in Google Images searches, such as by letting people narrow down beauty-related image queries by skin shade.
Google will also open-source the scale so others can use it.
Virtual cards
Google is rolling out virtual credit cards to help protect users’ financial information while they’re shopping online.
The feature generates a virtual card number that users can autofill instead of their actual card information on Android mobile devices or in Google’s Chrome browser, masking their real credit card number from the companies they’re shopping from.
Virtual cards will roll out this summer — initially only for US users with Visa, American Express and Capital One credit cards. Google says it plans to add support for Mastercard later this year.
Search privacy controls
Another feature announced on Wednesday aims to give users more control over what results show up when someone searches their name in Google.
The feature, which rolls out in the coming months, will make it easier for users to request that their personal information such as phone numbers, email and home addresses be scrubbed from search results.
Google plans to let users to tailor what ads they see as they surf the internet, with the ability to choose the brands and types of ads they do and do not want to see.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-social-media-technology/2022/05/13/google-announces-new-smartphones-a-watch-and-tablet-at-its-i-o-developer-conference-2/ | 2022-05-13T14:44:31Z |
SINGAPORE, Sept. 13, 2022 /PRNewswire/ -- XT.COM, the world's first socially infused exchange and one of the leading global trading platforms, lists OMAX COIN in the Main Zone. The trading is open for users from 13th September at 09:00 (UTC). OMAX is being listed on the exchange with USDT pairing.
By having OMAX listed on XT.COM, the XT community can widen its exposure to a variety of coins. The OMAX COIN is a tradable utility payment coin that is created on the OMAX blockchain, making it a secure investment choice for the users. The collaboration also offers the OMAX users to trade a large array of tokens by having the coin listed on a global exchange like XT.
Moreover, the OMAX is launching exclusively on XT.COM with its own network called OMAX chain. OMAX coin is already integrated to Wending machines and POS terminals. It also aims to get integrated with one of Europe's Travel ecommerce platforms. OMAX Chain relies on a system of PoS consensus that can support short block time and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double sign detection and other slashing logic guarantee security, stability, and chain finality. The OMAX Chain also supports EVM-compatible smart contracts and protocols. This is the native and only usable currency in the OMAX ecosystem.
About OMAX COIN
The OMAX COIN is a tradable utility payment coin, and belongs to the OMAX blockchain. The OMAX chain supports EVM-compatible smart contracts and protocols. The OMAX COIN is the only usable currency and the native token of the OMAX ecosystem.
The OMAX COIN can be used globally for payments, making it the perfect solution for all payment needs. With the help of technology and a secure system, the coin has been successful in breaking all the financial barriers by enabling crypto payments and transfers for international transactions.
OMAX started its journey in October 2021 as an Omax token with a vision to make its blockchain a complete ecosystem with its Dapps and E-commerce utility. OMAX Chain relies on a system of PoS consensus that can support short block time and lower fees.
Website: https://omaxcoin.com/
Telegram: https://t.me/OmaxToken
Discord: https://discord.com/invite/8r6wgxqD3e
Twitter: https://twitter.com/omaxtoken
About XT.COM
By consistently expanding its ecosystem, XT.COM is dedicated to providing users with the most secure, trusted, and hassle-free digital asset trading services. Our exchange is built from a desire to give everyone access to digital assets regardless where you are.
Founded in 2018, XT.COM now serves more than 6 million registered users, over 500,000+ monthly active users and 40+ million users in the ecosystem. Covering a rich variety of trading categories together with an NFT aggregated marketplace, our platform strives to cater to its large user base by providing a secure, trusted and intuitive trading experience.
As the world's first social-infused digital assets trading platform, XT.COM also supports social networking platform based transactions to make our crypto services more accessible to users all over the world. Furthermore, to ensure optimal data integrity and security, we see user security as our top priority at XT.COM.
Website: https://www.xt.com/
Telegram: https://t.me/XTsupport_EN
Twitter: https://twitter.com/XTexchange
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SOURCE XT.com | https://www.wibw.com/prnewswire/2022/09/13/xtcom-lists-omax-its-platform/ | 2022-09-13T13:06:56Z |
An expert in genitourinary oncology, Dr. Konety brings deep academic insight, broad clinical expertise and a global network to help Asieris advance its innovative pipeline to serve patients worldwide.
SHANGHAI, Aug. 10, 2022 /PRNewswire/ -- Asieris Pharmaceuticals (stock code: 688176.SH), a global biopharma company specializing in discovering and developing innovative drugs for the treatment of genitourinary tumors and other related diseases, announces Dr. Badrinath Konety has joined Asieris' Scientific Advisory Board as an advisor.
Dr. Konety has more than 30 years of clinical research and medical practice experience in the field of genitourinary oncology. He is currently President of Allina Health Cancer Institute and Chief System Research Officer. He is also a professor in the Department of Urology, Rush Medical College. Before that, he had served as Professor and Dougherty Family Chair in Uro-Oncology, and Chairman, Department of Urology, University of Minnesota. His clinical and hospital roles have seen him serve as CEO for University of Minnesota Physicians and Dean of Rush Medical College. Dr. Konety has held several leading positions and offices in professional organizations such as the Presidents of Society of Academic Urologists and Société Internationale d'Urologie.
He has been an author and/or co-author of more than 300 publications and on the editorial board of several journals. He has served as Associate editor of Journal of Urology. He has received research funding from several organizations including NIH and Dept of Defense. Dr. Konety graduated with a medical degree from M.S. Ramaiah Medical College of Bangalore University, India and completed his MBA at the Katz Graduate School of Business at the University of Pittsburgh. He completed an American Foundation for Urologic Disease research fellowship and then trained as a Chief Clinical Fellow in Urology at Memorial Sloan Kettering Cancer Center.
"We are honored to have Dr. Konety in our Scientific Advisory Board," remarked Dr. Kevin Pan, Founder and CEO of Asieris. "With his profound expertise in the global genitourinary filed, we are confident that Dr. Konety will play a critical role in helping Asieris define and optimize growth objectives and strategies to accelerate its innovation ambitions to become a global specialty biopharmaceutical company."
"I'm impressed by Asieris' global vision as well as its innovative pipeline powered by its competitive research and development engine," Dr. Konety stated. "I look forward to working with the management team to advance cutting-edge science to serve our patients worldwide."
About Asieris
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SOURCE Asieris | https://www.kxii.com/prnewswire/2022/08/10/asieris-appoints-dr-badrinath-konety-scientific-advisory-board/ | 2022-08-10T08:44:53Z |
$2 Million Dollar Grant from Philanthropic Arm of Olive Garden Parent Company Will Help Increase Access to Nutritious Food in Communities of Color
25 Food Banks Have Received Refrigerated Mobile Food Pantry Vehicles Since January 2021
ORLANDO, Fla., Sept. 15, 2022 /PRNewswire/ -- Darden Restaurants is helping Feeding America® add refrigerated trucks for 10 member food banks to support mobile pantry programs and food distribution in communities with the highest need. Through a $2 million grant from the Darden Restaurants, Inc. Foundation, and support from partners Penske Truck Leasing and Lineage Logistics, each food bank will receive a 26-foot vehicle that can transport 12,000 pounds of food at a time, and will also receive $52,000 to use for food and other needs.
Food banks receiving this gift include:
- Arkansas Foodbank (Little Rock, Ark.)
- Chattanooga Area Food Bank (Chattanooga, Tenn.)
- Community Food Bank of Eastern Oklahoma (Tulsa, Okla.)
- Food Bank of the Rio Grande Valley (Pharr, Texas)
- Golden Harvest Food Bank (Augusta, Ga.)
- Kansas Food Bank (Wichita, Kan.)
- Roadrunner Food Bank (Albuquerque, N.M.)
- Second Harvest Food Bank of Southeast North Carolina (Fayetteville, N.C.)
- Second Harvest Food Bank of the Big Bend (Tallahassee, Fla.)
- Toledo Northwestern Ohio Food Bank (Toledo, Ohio)
"Across our company, we have a higher purpose to nourish and delight everyone we serve, and that includes the communities where we operate our restaurants," said Rick Cardenas, President and CEO of Darden Restaurants. "We're uniquely positioned to help in the fight against hunger, and we're proud to continue helping more Feeding America member food banks increase access to nutritious food for people who need it most."
The Need
The rate of inflation has caused grocery prices to spike by more than 13% over the last year, and families are turning to local food banks for support. Communities of color continue to be impacted by food insecurity at a disproportionately higher rate.
In addition, local food banks are also dealing with the impacts of inflation, resulting in higher costs for food and the transportation needed to acquire and deliver food to their communities. Feeding America helped identify food banks serving communities of color with disproportionately high levels of food insecurity to receive a truck to help increase their mobile food pantry capacity.
"As food prices remain stubbornly high, the nearly 34 million people who experienced food insecurity in 2021 continue to face a tough choice, whether to purchase food or pay for other basic needs, such as electricity or medicine," said Claire Babineaux-Fontenot, CEO of Feeding America. "This Hunger Action Month, we're grateful for the collaborative efforts from Darden, Penske and Lineage in continuing to provide member food banks with refrigerated trucks that will help reach more communities and provide millions of meals to individuals and families across the country."
Responding to the Need
Darden and the Darden Foundation have been partners with Feeding America for more than 10 years. This donation marks the latest effort in Darden's ongoing commitment to help fight hunger, and it follows two previous donations that provided 15 refrigerated trucks for food banks located in: Birmingham, Ala.; Columbus, Ga.; Detroit, Mich.; Ft. Worth, Texas; Huntsville, Ala.; Jackson, Miss.; Jacksonville, Fla.; Memphis, Tenn.; Monroe, La.; Orlando, Fla.; San Antonio, Texas; Shreveport, La.; Tampa, Fla.; Theodore, Ala.; and Tyler, Texas. Within the first year of serving their communities, these trucks have conducted more than 7,000 mobile food pantry distributions and helped provide more than 27 million meals.*
This work builds on Darden's ongoing Harvest program, which donates unserved, nutritious food from Darden's family of restaurants to local nonprofits. Since this program's inception, Darden's team members have 'harvested' more than 130 million pounds food — amounting to more than 108 million meals.*
*According to the USDA, 1.2 pounds of food is equivalent to one meal.
About Darden Restaurants and the Darden Foundation
Darden's family of restaurants features some of the most recognizable and successful brands in full-service dining — Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's. For more information, visit www.darden.com.
The Darden Foundation works to bring to life our spirit of service through its philanthropic support of charitable organizations across the country. Since 1995, the Darden Foundation has awarded more than $100 million in grants to non-profit organizations such as Feeding America, National Restaurant Association Educational Foundation (NRAEF) and American Red Cross.
About Feeding America
Feeding America® is the largest hunger-relief organization in the United States. Through a network of more than 200 food banks, 21 statewide food bank associations, and over 60,000 partner agencies, food pantries and meal programs, we helped provide 6.6 billion meals to tens of millions of people in need last year. Feeding America also supports programs that prevent food waste and improve food security among the people we serve; brings attention to the social and systemic barriers that contribute to food insecurity in our nation; and advocates for legislation that protects people from going hungry. Visit www.feedingamerica.org, find us on Facebook or follow us on Twitter.
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SOURCE Darden Restaurants, Inc.: General | https://www.kxii.com/prnewswire/2022/09/15/darden-restaurants-helps-feeding-america-member-food-banks-10-states-add-mobile-food-pantries-serve-communities-facing-hunger/ | 2022-09-15T19:29:19Z |
OTTAWA, ON, June 23, 2022 /PRNewswire/ - Two years ago, the Fulbright Canada post-COVID Challenge was launched to engage youth from underrepresented populations in Canada and the United States. The idea was simple: what ideas do they have to share that would contribute to a healthier, more productive, more prosperous, and more just world in the post-COVID era. The broadly defined themes included health and wellness, social cohesion, economic recovery, and digital transformation.
We received 500 applications from individuals and groups from nearly every corner of the two countries.
Now, the time has come to shift From Vision to Impact and on June 24, 2022, Fulbright Canada will host all ten finalists in Ottawa to pitch their ideas to a panel of judges. The review process and earlier competitions focused on operationalizing their ideas. Now, their challenge is to address the larger question of social impact, determining how their innovative ideas can contribute to a more equitable, diverse, inclusive, and accessible world.
The Finalists: Asian Voices Project (Jonathan Kong and Natalie Charette), BIPOC Youth Hub (Hodan Mohamud), Double Impact Initiative (Connor Schoen), Hos-fit-all (Muram Bacare), Immersive Healer (Kaiwen Yang), Initiative on Artificial Intelligence (Mohamed Abdalla, Moustafa Abdalla, Sahar Abdalla and Salwa Abdalla), Our Little Island (Lavanya Virmani and Kishore Daggupati), PillDrop (Naushin Hooda), PriceMedic (Katelynn Salmon and Josh Nakka), and Wiisinin - reclaiming Turtle Island's foods (Taijah Abotossaway, Farah Talaat, Alice Walkus, and Emily Wang).
The post-COVID Challenge was conceived, championed, and supported by Fulbright Canada Board member Ajay Royan. It is the signature program of Fulbright Canada's 30th Anniversary commitment to encourage, celebrate, and support bright young leaders with diverse perspectives and unique ideas. This would not have been possible without the generous support of our partners and collaborators and, most notably, the remarkable young leaders and innovators that put forward their ideas for a better world.
Learn more about the post-COVID Challenge and the incredible ideas on our website.
Fulbright Canada is a bi-national, treaty-based, non-governmental, not-for-profit organization with a mandate to identify the best and brightest minds in both countries and engage them in international and residential academic exchange. Fulbright Canada is firmly committed to community development, to diversity, and to the development of mutual understanding.
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SOURCE Fulbright Canada | https://www.kxii.com/prnewswire/2022/06/23/vision-impact-fulbright-canada-welcomes-post-covid-challenge-teams-finals/ | 2022-06-23T10:06:15Z |
LISBON, Portugal (AP) — Major wildfires in Europe are starting earlier in the year, becoming more frequent, doing more damage and getting harder to stop.
And, scientists say, they’re probably going to get worse as climate change intensifies unless countermeasures are taken.
A mass migration of Europeans from the countryside to cities in recent decades has left neglected woodland at the mercy of the droughts and heat waves that are increasingly common amid global warming. One tiny spark can unleash an inferno.
Fighting forest fires in Europe has never been so hard. Here’s why:
___
WHAT’S CAUSING EUROPE’S WILDFIRES?
The continent’s so-called rural exodus since the second half of the last century, as Europeans moved to cities in search of a better life, has left significant areas of countryside neglected and vulnerable.
Woodland is littered with combustible material, says Johann Goldammer, head of the Global Fire Monitoring Center, an advisory body to the United Nations. That includes things like dead tree trunks and fallen branches, dead leaves and desiccated grass.
“This is why we have unprecedented wildfire risk: because never before in history — say, the last 1,000 or 2,000 years — has there been so much flammable material around,” he said.
He adds: “The landscape is getting explosive.”
Carelessness with naked flames is often enough to ignite a wildfire. In Portugal, where more than 100 people died in wildfires in 2017, authorities say 62% of outbreaks stem from farming activities such as burning stubble.
___
IS GLOBAL WARMING A FACTOR IN THE WILDFIRES?
Climate change has added a scary new dimension to wildfires and made them more menacing.
That is especially true in southern Europe, where the increasing occurrence of fire weather conditions — high temperatures, drought and high winds — make summer wildfires “the new norm,” says Friederike Otto, Senior Lecturer in Climate Science at the Grantham Institute for Climate Change at Imperial College London.
The European Union noted this month that over the past five years the bloc has witnessed its most intense wildfires on record and that the continent’s current drought could become its worst ever. The Mediterranean region is warming 20% faster than the global average, according to the U.N..
EU fire statistics bear witness to the problem. The amount of burned European countryside has more than tripled this year, with almost 450,000 hectares charred through July 16, compared with a 2006-2021 average of 110,000 hectares in those same months.
By that same date, Europe had witnessed almost 1,900 wildfires compared with an average of 470 for the 2006-2021 period.
___
ARE WILDFIRES DIFFERENT NOW?
The droughts and heat waves tied to climate change have made wildfires harder to fight, as conditions make it easier for them to spread quickly. Scientists say climate change will continue to make weather more extreme and wildfires more frequent and destructive.
That includes instances of so-called “megafires” — blazes so big they are virtually unstoppable.
Spain’s wildfire problems this year began with the arrival in spring of the country’s earliest heat wave in two decades. Temperatures rose above 40 C (104 F) in many Spanish cities — levels traditionally seen in high summer.
Neighboring Portugal also saw its warmest May in nine decades, when 97% of the land was classified as being in severe drought. In France, it was the hottest May on record.
“We will not be able to completely prevent wildfires,” says Otto of Imperial College. “We have to learn to live with this.”
___
HOW DO WE COEXIST WITH MORE WILDFIRES?
Scientists say there is no need to lose hope, despite the images of terrifying walls of flame and overwhelmed fire services.
“This is not an act of god,” Otto says of the more frequent wildfires. “This is, to a large degree, our doing and we have quite a lot of (power) to do something about it.”
Things we can do to adapt include putting an end to the burning of fossil fuels and educating people about global warming, she says.
Forest management also needs to be reviewed, says Amila Meskin, a policy adviser at the Brussels-based European State Forest Association, which represents governments’ forest companies, enterprises and agencies in 25 European countries.
Projects such as water retention schemes, mixing forest species and the restoration of peat lands are already happening in some places.
The effects are unlikely to be seen soon, however. Short-term planning in forestry can stretch over 50 years, and fundamental change will take decades.
More broadly, Meskin sees a general lack of interest in rural jobs and notes that forestry is not a fashionable business. Those sentiments need to be reversed, but that’s a big ask.
Maybe, she says, the shock of the wildfires will generate renewed public interest in forest care.
“It’s a very emotional thing to see forests burn,” Meskin said. “It’s such a sad, sad, sad situation.”
___
Follow all AP stories on climate change and the environment at https://apnews.com/hub/climate-and-environment. ___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content. | https://cw33.com/news/international/ap-international/explainer-whats-behind-europes-spate-of-deadly-wildfires/ | 2022-07-22T21:19:58Z |
DALLAS (KDAF) — If there’s one thing Texas does best, it’s barbeque. From brisket to pork to chicken, there is nothing better than well-seasoned, smoked meat.
Times are tough and you deserve to treat yourself after all the hard work you have been doing. So say yes to those cravings and get yourself some barbeque for lunch.
You on board? Good. Here is a list of the best barbecue spots in Dallas and Fort Worth according to Gayot:
- Angelo’s Bar-B-Que – 2533 White Settlement Rd. Fort Worth, 76107
- Lockhart Smokehouse – 400 W. Davis St. Dallas, TX 75208
- Railhead Smokehouse BBQ – 2900 Montgomery S. Fort Worth 76107
- Sonny Bryan’s Smokehouse – 2202 Inwood Rd. Dalas, TX 75235
- Ten 50 BBQ – 1050 N. Central Expy. Richardson, TX 75080
- Woodshed Smokehouse – 3201 Riverfront Dr. Fort Worth, TX 76107
“The meaning of the term “barbecue” changes from one part of the country to another. From Texas to Kansas City and across the Southeast, barbecue means well-seasoned meat cooked “low and slow” over wood until it develops a pink “smoke ring.” Memphis barbecue is especially known for its rubs. Texas prefers beef for barbecue, and pork is the basis of barbecue in the Southeast. Sauces and sides vary widely, too,” the report from Gayot said.
For the full report, visit Gayot. | https://cw33.com/news/local/these-are-the-best-bbq-spots-in-north-texas-report-says/ | 2022-06-23T22:45:26Z |
Having allergies or asthma may raise risk of heart disease, study finds
By Sandee LaMotte, CNN
If you have a history of asthma or allergies, you may be at increased risk of developing high blood pressure and coronary heart disease, new research finds.
Adults between the ages of 18 and 57 who have suffered from an allergic disorder had a higher risk of high blood pressure, according to the research, which will be presented at the American College of Cardiology and Korean Society of Cardiology’s spring conference in Gyeongju, South Korea.
The highest risk for high blood pressure was found among people with asthma, researchers said.
High blood pressure and cholesterol, along with a lack of exercise, obesity, diabetes, smoking and a family history of cardiovascular issues, are all key contributors to heart disease, according to the US Centers for Disease Control and Prevention.
Asthma highest risk
Previous studies have also found a correlation between allergic disorders and heart disease, but the link was controversial, the researchers said. In this latest research, scientists tested their hypothesis using data on over 10,000 people with allergies who participated in the 2012 National Health Interview Survey, a government-led survey of the United States population.
Each person had asthma or at least one allergic disorder, such as a respiratory, food or skin allergy.
In addition to the risk for high blood pressure, the research also found a higher risk for coronary heart disease for people between the ages of 39 and 57 with allergies. Coronary heart disease occurs when plaque builds up in the walls of the arteries that supply blood to the heart.
Based on their findings, researcher encouraged clinicians to add a cardiovascular risk assessment to clinical examinations of people with asthma and allergies.
“For patients with allergic disorders, routine evaluation of blood pressure and routine examination for coronary heart disease should be given by clinicians to ensure early treatments are given to those with hypertension or coronary heart disease,” said lead study author Yang Guo, a postdoctoral researcher at Peking University Shenzhen Hospital in China, in a statement.
‘Question is why’
While prior research has shown a connection between having allergies and an increased risk of cardiovascular disease, “the question is why?” said pulmonologist Dr. Raj Dasgupta, an assistant professor of clinical medicine at the Keck School of Medicine at the University of Southern California.
“We can’t really show causality, but science does show it’s connected to pro-inflammatory mediators, things that trigger inflammation in the body,” said Dasputa, who was not involved in the study.
Histamines, for example, boost blood flow into the area the allergen attacks, which causes the immune system to send antibodies, thus triggering inflammation. That’s why many allergy medications are antihistamines, designed to counter that inflammatory response.
Although inflammation is the body’s way of fighting pathogens, an overactive or long-lasting response is an underlying factor in many chronic diseases, including diabetes, high blood pressure and heart disease.
Antihistamines constrict blood flow, as can other over-the-counter allergy medications such as those that contain the “letter D, which is pseudoephedrine,” Dasgupta said. “Those narrow the blood vessels not only in the nose but the rest of the body, which can lead to high blood pressure and an increased heart rate.”
Other medications can also have a negative effect on the cardiovascular system, including steroids often prescribed for asthma attacks and emergencies, Dasgupta said.
“Steroids increase blood pressure, they increase blood sugar and both high blood pressure and high blood sugar levels are very important risk factors for coronary artery disease and stroke,” he said. “They can also cause weight gain, which is another risk factor.”
Add all of this to other triggers of chronic inflammation in the body — such as sugar, highly processed and fried foods, stress, poor sleep, a lack of exercise and pollution, to name a few — the answer “could be multifactorial — the immune response, medications and all these things put together,” Dasgupta said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/12/having-allergies-or-asthma-may-raise-risk-of-heart-disease-study-finds/ | 2022-04-12T08:59:15Z |
- Multistate operator celebrates its 4th dispensary in West Virginia with grand opening
- This marks the Company's 22nd dispensary location in the United States
KANSAS CITY, Mo., July 22, 2022 /PRNewswire/ -- Greenlight ("the Company"), leading, vertically-integrated, multi-state operator, announced today the opening of its 4th dispensary location in West Virginia, Greenlight Beckley, on Saturday, July 23 at 10 a.m. EST. The dispensary, located at 4244 Robert C. Byrd Dr. in Beckley, West Virginia, will be open from 10:00 a.m. to 8:00 p.m. The newest dispensary opening marks Greenlight's 22nd dispensary nationwide.
Greenlight is one of the fastest growing multi-state operators in the United States, with award winning operations in Missouri, Arkansas, West Virginia, Illinois and South Dakota. With 33 cannabis dispensary licenses, more than 350 exceptional team members, and more than 150,000 square feet of cultivation and manufacturing, Greenlight continues to expand its operations in limited license states with additional dispensary locations. West Virginia's Office of Medical Cannabis has approved more than 10,000 patient applications for medical cannabis, indicating a demand for patient supply that Greenlight plans to fulfill.
"West Virginia has been an integral part of our growth strategy, and the addition of Beckley will allow Greenlight to provide more patients across West Virginia, access to medicinal cannabis products while benefiting the community of patients in the surrounding regions. We look forward to connecting with our new Beckley patients and providing them with the highest quality of medical-grade products in the market with the opening of our fourth dispensary in West Virginia," said CEO of Greenlight, John Mueller.
Greenlight has additional dispensary locations in West Virginia including Lewisburg, Princeton, and Stollings with more coming online later this year. Patients can select from a variety of medicinal products from licensed cultivators at each location or receive information on how to obtain a medical marijuana card.
Greenlight (www.greenlightdispensary.com) is one of the leading cannabis brands in the United States, with operations in Missouri, Arkansas, West Virginia, Illinois and South Dakota. With over 30 cannabis dispensary licenses and more than 150,000 square feet of cultivation and manufacturing, Greenlight is a vertically integrated operator with strong brands, strains and marketing. Our mission is to provide "Cannabis with Culture" in an inviting atmosphere while welcoming our consumers as part of the Greenlight family.
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SOURCE Greenlight | https://www.wibw.com/prnewswire/2022/07/22/greenlight-hosts-dispensary-grand-opening-newest-west-virginia-location/ | 2022-07-22T13:17:05Z |
Nelson Parker To Oversee Growth, Capital Planning, and Strategic Partnership Opportunities
UNCASVILLE, Conn., April 7, 2022 /PRNewswire/ -- Mohegan Gaming & Entertainment (MGE), world renowned entertainment and gaming brand, today announced the appointment of Nelson Parker as Senior Vice President (SVP), Strategic Development to identify, assess and execute growth opportunities and strategic new venture projects for the company. Parker brings a wealth of experience leading complex multi-party transactions and hotel and casino development projects. His experience will prove invaluable as the brand continues to deepen its footprint.
"We are thrilled to welcome Nelson Parker to our executive team to lead the development of key projects and strategic partnerships," said Carol Anderson, Senior Vice President and Chief Financial Officer of MGE. "With over 25 years of experience driving growth strategies in both gaming and non-gaming corporations, Nelson's expertise in omni-channel global gaming markets, Native American gaming, lodging and hospitality will contribute to MGE's continued success."
In his new role, Parker will report directly to Anderson and play a critical role in future growth and capital planning. Parker will be responsible for initiating and vetting growth opportunities, as well as collaborating with all functional areas to complete implementation.
Parker is a gaming industry veteran having served as Senior Vice President of Corporate Development at Penn National Gaming, Senior Vice President of Hotel & Casino Development at Hard Rock International, Vice President of Development at Foxwoods Resort Casino, and Corporate Director of Development at Argosy Gaming. Prior to joining MGE, he served as a Managing Director at Driftwood Capital, a private equity fund focused on hospitality investments.
To learn more about Mohegan Gaming & Entertainment, please visit: www.mohegangaming.com.
Mohegan Gaming & Entertainment (MGE) is a master developer and operator of premier global integrated entertainment resorts, including Mohegan Sun in Uncasville, Connecticut, Inspire in Incheon, South Korea and Niagara Casinos in Niagara, Canada. MGE is owner, developer, and/or manager of integrated entertainment resorts throughout the United States, including Connecticut, New Jersey, Washington, Pennsylvania, as well as Northern Asia and Niagara Falls, Canada, and Las Vegas, Nevada. The brand's iGaming division, Mohegan Digital, provides cutting-edge online gaming solutions to Mohegan's loyal fan base and meets the digital needs of customers on a global scale. MGE is owner and operator of Connecticut Sun, a professional basketball team in the WNBA. For more information on MGE and our properties, visit www.mohegangaming.com.
Media Contact: Mohegan Gaming & Entertainment PR; mohegan@coynepr.com
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SOURCE Mohegan Gaming & Entertainment | https://www.wibw.com/prnewswire/2022/04/07/mohegan-gaming-amp-entertainment-appoints-nelson-parker-senior-vice-president-strategic-development/ | 2022-04-07T16:12:52Z |
Kansas rallies, beats North Carolina 72-69 to win NCAA title
NEW ORLEANS (AP) - Best. Comeback. Ever. Sounds pretty good next to Rock Chalk, Jayhawk.
What looked like a lost cause turned into one of the sweetest wins ever for Kansas.
The Jayhawks brought their fourth NCAA title back to Allen Fieldhouse on Monday thanks to a second-half flurry that erased a 16-point deficit and eventually overcame North Carolina 72-69 in an epic battle of power programs.
It was the largest comeback in national championship history, surpassing the 1963 title game when Loyola overcame a 15-point deficit to beat Cincinnati at the buzzer, 60-58.
“We just locked in as a family, as a team, and that’s what we do,” said Kansas big man David McCormack, after making last two baskets of the game. “We overcome the odds. We overcome adversity. We’re just built for this.”
McCormack scored the go-ahead bucket from close range with 1:21 left, then another at the 22-second mark to put the Jayhawks ahead by three.
North Carolina missed its final four shots, including Caleb Love’s desperation 3 at the buzzer. His heave came up short after officials ruled that Kansas guard DaJuan Harris Jr., stepped out on an inbounds pass with 4.3 seconds left.
The Tar Heels went scoreless over the final 1:41. They couldn’t find an answer for KU over the final 20 minutes.
“They were penetrating and doing whatever they wanted,” Love said.
After McCormick’s go-ahead bucket, Love drove to the basket but his shot got blocked. North Carolina grabbed an offensive rebound and got the ball to Armando Bacot under the bucket. But he lost his footing and turned it over, then limped off the court, unable to return.
“I thought I really got the angle that I wanted and then I just rolled my ankle,” Bacot said.
That put Brady Manek, not as good a defender, on McCormack, and the Kansas big man backed in Manek for the shot that put the Jayhawks ahead by three.
“When we had to have a basket, we went to Big Dave, and he delivered,” said Kansas coach Bill Self, who has two of the program’s four championships.
McCormack and Jalen Wilson led KU with 15 points each. Christian Braun scored 10 of his 12 in the second half and transfer Remy Martin had 11 of his 14 over the final 20 minutes. The Jayhawks outscored Carolina 47-29 in the second half.
“When we saw our own blood, we didn’t panic and we came out the second half coming in hot,” Self said. “I was thinking at the 14-minute mark, ‘There’s no way these guys can play for 20 minutes defense like this,’ but they did.”
The Tar Heels shot 11 for 40 in the second half.
But it was Kansas that couldn’t buy a basket late in the first half, as Carolina ran over and around the Jayhawks during a 16-0 run. The Tar Heels led 40-25 at the break. Then, top-seeded KU (34-6) started trapping and pressing more, moving the ball around on offense, and Carolina started getting a taste of what everyone else has this season: You can’t stop ‘em all.
The Jayhawks went on a 31-10 run to take a six-point lead at the 10-minute mark and set up a fantastic finish.
Bacot had 15 points and 15 rebounds to become the first player to record double-doubles in all six tournament games. He finished the season with 31 double-doubles, but it was not enough. Carolina was trying to join 1985 Villanova as only the second 8 seed to win March Madness.
Instead, the Tar Heels (29-10) fell one win short and dropped to 6-6 all-time in title games. This was their record 21st — and possibly most unlikely — trip to the Final Four. They made it to the final by beating Duke in a back-and-forth thriller and sending Blue Devils coach Mike Krzyzewski into retirement.
“I can’t remember a time in my life where I should be disappointed,” said rookie UNC coach Hubert Davis, who was trying to become the first person to lead a team to a title in his first full year as head coach. “But I am filled with so much pride.”
A great season — but the banner will hang in Lawrence.
And McCormack, thanks to his late-game heroics, will go down in KU lore, along with Mario Chalmers (2008), Danny Manning (and the miracles in 1988) and the rest of the Kansas greats.
This title was three years in the making. KU was 28-3 and the odds-on favorite heading into March of 2020. Then, the COVID-19 pandemic hit and stopped both the Jayhawks, and the season, in their tracks.
Seven players from that roster are on this one, as well. In some of their minds there were no “what-might-have-beens” about 2020 -- they knew they would have won it. They won this one instead, and showed, once again, it’s never good to count them out.
While this wasn’t quite the 47-15 beatdown they put on Miami over the final 20 minutes in the Elite Eight, it was still darn impressive given the circumstances.
Ochai Agbaji, who was named the Final Four’s most outstanding player, finished with 12 points and found breathing room after UNC’s lockdown guard, Leaky Black, got his fourth foul 6 minutes into the second half.
“This is a special group of guys,” Agbaji said. “We’re going down in history. All I got to say is, ‘Rock Chalk, baby.’”
___
More AP college basketball: http://apnews.com/Collegebasketball and https://twitter.com/AP_Top25
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/05/kansas-tops-north-carolina-72-69-ncaa-championship/ | 2022-04-06T17:50:05Z |
One year after breaking ground, GF celebrates key milestone on path to expanded semiconductor manufacturing capacity in Singapore
SINGAPORE, June 23, 2022 /PRNewswire/ -- GlobalFoundries (Nasdaq: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, today announced that its first tool has been moved into the company's new facility on its Singapore campus. The milestone, just one year after breaking ground on the first phase of the Singapore expansion has been achieved in partnership with the Singapore Economic Development Board and co-investments from committed customers. Today's milestone brings GF closer to increasing manufacturing capacity at its Singapore site and fulfilling additional global demand for GF-made chips used in automobiles, smartphones, wireless connectivity, internet of things (IoT) devices, and other applications.
In a ceremony today in Singapore at the newly constructed building, GF celebrated the first tool-in milestone with Senior Vice President and Head of Semiconductor of the Singapore Economic Development Board, Chang Chin Nam; President and CEO of Lam Research, Tim Archer; President Asia-Pacific Region of Exyte, Mark Garvey; and other key partners/suppliers including AMAT, ASML, Axcelis, DAIFUKU, KLA, Mattson, SCREEN, Semes, TEL, Wonik, Air Liquid, and Linde. Representing GF was CEO Dr. Thomas Caulfield; GF Senior Vice President and Head of Global Operations, KC Ang; Vice President and General Manager of GF Singapore Operations, Yew Kong Tan; Vice President of Global Construction, Roberto Avallone; and many members of the GF Singapore team. Together they watched as the first tool – a market-leading etch tool made by Lam Research– was moved into GF's newly commissioned cleanroom.
"Today marks a special moment for GF, as we stand with our Singapore team, our partners, and valued employees to appreciate just how much progress we have made over the past year. From a groundbreaking event hosted virtually due to the global pandemic to today's first tool-in, we are delivering on our commitments to expand our global manufacturing footprint to meet the growing need in the marketplace for GF chips," Dr. Caulfield said. "This first phase of our Singapore expansion plan is a tremendous example of strong partnerships driving our industry forward. This first tool moved into our facility was incredible to witness and is a harbinger of more great milestones on the horizon for GF."
"We are delighted that GlobalFoundries has chosen Singapore for a major expansion of its global manufacturing footprint. We congratulate GlobalFoundries' success in bringing the site from ground-breaking to tool move-in in one year, to achieve production ramp up as planned in 2023. We look forward to GlobalFoundries' business growth and the creation of job opportunities in this rapidly growing sector," said Mr. Chang Chin Nam, Senior Vice President and Head, Semiconductors, Singapore Economic Development Board.
GF completed major construction of its Singapore expansion, which includes 250,000-square-feet (23,000-square-meters) of cleanroom space and new administrative offices. Following today's first tool-in ceremony, GF will continue adding new tools to the cleanroom over the coming months and is expected to ramp in 2023. Once complete, the new facility will have the capacity to manufacture 450,000 wafers (300mm) per year, raising the total capacity of GF's Singapore site to approximately 1.5 million wafers (300mm) annually. The new GF facility will be the most advanced semiconductor manufacturing site in Singapore and is on track to create 1,000 new jobs, including technicians and engineers.
In June 2021, GF announced it would invest approximately US $4B (S$5B) to expand its Singapore campus as part of the company's overall plan to grow its global manufacturing footprint and capacity to meet the increase in demand for GF-made semiconductor chips. The development, construction, and job creation in Singapore were accelerated by the new chipmaking economic model pioneered by GF, which includes support and investment from GF, its committed customers, and the national government through the Singapore Economic Development Board. GF aims to replicate this economic model with its planned expansion on the campus of its manufacturing facility and corporate headquarters in Malta, New York.
GlobalFoundries, Inc. (GF) is one of the world's leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com.
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SOURCE GlobalFoundries (GF) | https://www.wibw.com/prnewswire/2022/06/23/globalfoundries-celebrates-new-singapore-fab-with-arrival-first-tool/ | 2022-06-23T05:34:20Z |
Quick Georgia abortion restrictions send some patients home
ATLANTA (AP) — Georgia’s abortion law changed so abruptly Wednesday afternoon that some patients who were in an office waiting for abortions were told that what had been legal that morning was no longer legal in the state and sent home.
Melissa Grant, chief operating officer of Carafem, a Washington, D.C.-based group that operates a reproductive health clinic in Atlanta, called the process of sending home four patients “terrible.”
“It was difficult every time the staff had to bring it up, whether it was someone on the phone for tomorrow or somebody in the office today,” Grant said. “They would have to resteel themselves in order to try to be empathetic and understanding in the face of someone who was either going to fall apart, cry, get angry or try to bargain — ‘Isn’t there some way you can still see me?’”
The law, which had been barred from taking effect, bans most abortions once a " detectable human heartbeat " is present. Cardiac activity can be detected by ultrasound in cells within an embryo that will eventually become the heart as early as six weeks into a pregnancy, before many pregnancies are detected.
The Georgia law includes exceptions for rape and incest, as long as a police report is filed. It also allows for later abortions when the mother’s life is at risk or a serious medical condition renders a fetus unviable and includes provisions that change the definition of “natural person,” giving a fetus the same legal rights as people have once they’re born.
The 11th U.S. Circuit Court of Appeals ruled Wednesday that the U.S. Supreme Court ruling in a Mississippi case that overturned Roe v. Wade allows the law to take effect. Normally, the Georgia ruling wouldn’t take effect for weeks, but the court issued a second order Wednesday allowing the law to take effect immediately.
In Louisiana, a state judge ruled Thursday that the state’s three abortion clinics can continue operating while a lawsuit challenging the state’s near total ban on abortions is resolved. For weeks, access to abortion has been flickering in the state, where the ban has twice taken effect twice and twice been blocked since the Supreme Court ruling in June.
Clinics in Baton Rouge and New Orleans that had ceased operations pending the ruling said they were open again Thursday.
The preliminary injunction in Louisiana is the latest development amid a flurry of court challenges to state “trigger” laws that were crafted in anticipation of Roe being overturned.
Georgia is one of the biggest states to see sweeping new restrictions on abortion since the Supreme Court ruling. The National Abortion Federation listed 10 clinics providing surgical abortions before Wednesday, although an 11th clinic in Savannah had already closed after the Supreme Court acted.
One of those clinics, the Feminist Women’s Health Center in Brookhaven, had been performing 150 to 200 abortions per week, Executive Director Kwajalein Jackson said. That number rose when new limits went into place in other southeastern states in recent weeks, Jackson said. Grant said Carafem has canceled more than 75 appointments for women who estimate they are beyond six weeks.
State records show about 35,000 abortions were performed in Georgia in 2021.
Now, with abortion illegal or heavily restricted in Deep South states except disputed Louisiana, Georgia patients more than six weeks pregnant are likely to be referred to clinics in Florida, North Carolina or even farther away. Abortion rights supporters said that they try to refer women to the right location for them, and somewhere farther away might be better if a woman has family or friends in a distant location.
“It really is about what is going to be the best plan for the person at the end of the day,” said Monica Simpson, executive director of Atlanta-based SisterSong Women of Color Reproductive Justice Collective, which advocates for abortion rights particularly on behalf of nonwhite women. Simpson and abortion providers said they work closely with abortion funds that can provide financial assistance for travel, child care and other needs.
Groups that oppose abortion are also stepping up their responses, said Suzanne Guy, a longtime activist. “My phone has been blowing up since Roe has been overturned,” she said.
Guy said she hopes religious groups will support women not just while pregnant and during birth, but long afterward.
“It really is laser focused on that precious pregnant mom that finds herself in an unplanned, unwanted or crisis pregnancy, and really being there for her for the long haul,” Guy said.
___
Associated Press writer Kevin McGill contributed to this story from Baton Rouge, Louisiana.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/21/quick-georgia-abortion-restrictions-send-some-patients-home/ | 2022-07-21T18:08:08Z |
NEW YORK, July 18, 2022 /PRNewswire/ -- Attention Spero Therapeutics, Inc. ("Spero") (NASDAQ: SPRO) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between October 28, 2021 and May 2, 2022.
If you suffered a loss on your investment in Spero, 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 Spero includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the data submitted in support of the New Drug Application ("NDA") for the Company's product candidate, Tebipenem HBr, were insufficient to obtain approval from the U.S. Food and Drug Administration ("FDA"); (ii) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (iii) the foregoing would necessitate a significant workforce reduction and restructuring of Spero's operations; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: July 25, 2022
Aggrieved Spero investors only have until July 25, 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/2022/07/18/class-action-alert-law-offices-vincent-wong-remind-spero-investors-lead-plaintiff-deadline-july-25-2022/ | 2022-07-18T10:15:29Z |
NEW YORK, Aug. 29, 2022 /PRNewswire/ -- HistoryDAO, in development since the fall of 2021, has steadily grown its investment capital to over $1M while building the fundamental infrastructure for bonding moments in history through non-fungible tokens. The goal is a way to record history with the input of those who experience it.
NFTs are here to stay, literally and figuratively. In the literal sense, they are famously indelible. So long as the Internet exists, any NFT on a bonafide blockchain, such as Ethereum, Binance Smart Chain, and Polygon, remains indestructible and unalterable. In the figurative sense, humanity will be forever compelled by this fact. NFTs may rise and fall in popularity, but essential work on the fundamental powers of NFTs will never cease. The social and economic role of NFTs in the world will continually develop.
History will forever be recorded. The difference now is that it can be recorded indelibly on blockchain networks in the form of NFTs. This is an opportunity to get closer to the truth by rewarding those who speak up and engage the discussion while putting it out of the reach of censors and powerful centralized interests. Once an NFT is minted, it can't be unminted.
HistoryDAO is building a platform to leverage this unique property of NFTs and combine it with the decentralized consensus mechanisms of blockchains, which can be applied to form "decentralized autonomous organizations," or DAOs. Thanks to decentralized consensus, DAOs can form governance structures that avoid critical concentrations of power.
DAO community governance can nurture connections between people in the form of uncensored talks, salons, and discussions. Such are the origins of modern universities, which trace their ancestry to the time of Plato.
The world is full of "alternative facts," and it's nothing new. There has never been uniform agreement on anything. What's new may be the unprecedented effort on the part of various institutions and media to separate true from false, through fact checking and censorship. The issue is worthy of the world's attention.
High profile news coverage and buyout battles have brought unprecedented awareness to the issue most recently. But epic contests for control are symptoms of a broken system that cannot repair itself from within. The solution is not about who owns the platform. The solution is about whether platforms should be centrally owned at all.
HistoryDAO's answer is that they should not, and we're using the power blockchain and NFTs to undo and reverse the trend of centralization and consolidation in public discourse.
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SOURCE Historydao | https://www.kxii.com/prnewswire/2022/08/29/historydao-declares-new-era-peoples-history-w-1m-investment-nfts-are-power-people/ | 2022-08-29T11:27:43Z |
BRATISLAVA, Slovakia (AP) — Slovakia’s government is facing another serious crisis after a junior party threatened on Wednesday to withdraw from the four-party coalition over disagreements about how to deal with rising inflation.
The liberal Freedom and Solidarity party said it wasn’t willing to be in the government anymore because of Finance Minister Igor Matovic, a populist leader whose Ordinary People party won the 2020 parliamentary election.
“Igor Matovic is the biggest problem of the coalition,” said Economy Minister Richard Sulik, the leader of Freedom and Solidarity.
Sulik has often clashed with Matovic, considered a populist politician, over how to tackle soaring inflation driven by high energy prices amid the Russian invasion of Ukraine.
Freedom and Solidarity gave Prime Minister Eduard Heger a deadline until the end of August to reshuffle the Cabinet and rule without Matovic or its four ministers would resign.
Matovic’s Ordinary People party has rejected that option.
“Slovakia has been facing the hardest time in history,” Heger said. “This is not the time for the government to fall.”
After winning the election on an anti-corruption ticket two years ago, Matovic struck a deal to govern with Freedom and Solidarity, the conservative For People party, and We Are Family, a populist right-wing group that is allied with France’s far-right National Rally party.
The government made the fight against corruption a key policy issue.
But amid the coronavirus pandemic last year, it collapsed as Matovic was forced to resign as prime minister after he orchestrated a secret deal to acquire 2 million doses of the Russian-made Sputnik V vaccine despite disagreement among his coalition partners.
The same parties formed a new government with Heger, who is a close ally of Matovic’s and deputy head of his Ordinary People party, appointed as a new prime minister while Matovic assumed his previous post of finance minister in the new government.
The current Slovak government has been donating arms to Ukrainian armed forces while opening its border for the refugees. | https://cw33.com/business/ap-business/slovakias-coalition-in-crisis-over-tackling-high-inflation/ | 2022-07-07T17:30:25Z |
PHOENIX, Aug. 3, 2022 /PRNewswire/ -- Item 9 Labs Corp. (OTCQX: INLB) (the "Company")—a vertically integrated cannabis dispensary franchisor and operator that produces premium, award-winning products—announced today that it will host a conference call on Tuesday August 16, 2022, to share financial results for the third quarter of fiscal year 2022, which ended June 30, 2022. The 10Q will be filed on Monday, August 15, 2022.
Item 9 Labs Corp.'s Chief Executive Officer, Andrew Bowden, and Chief Financial Officer, Bobby Mikkelsen, will host the call.
Q3 FY2022 Earnings Call and Webcast Details
- Date: Tuesday, August 16, 2022
- Time: 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time)
- Access by Zoom: A live and archived webcast will be available via Sequire, click on this webcast link to register or access the replay.
- Access by Phone: Please call the conference telephone number 10-15 minutes prior to the start time: Dial-in number: 669-900-6833 // Meeting ID: 99285781373 // Passcode: 090590
- Questions: Please submit questions to investors@item9labscorp.com before the presentation begins. The management team will do their best to answer all questions.
For more information about the Company and its brands, visit item9labscorp.com.
Item 9 Labs Corp. (OTCQX: INLB) is a vertically integrated cannabis operator and dispensary franchisor delivering premium products from its large-scale cultivation and production facilities in the United States. The award-winning Item 9 Labs brand specializes in best-in-class products and user experience across several cannabis categories. The company also offers a unique dispensary franchise model through the national Unity Rd. retail brand. Easing barriers to entry, the franchise provides an opportunity for both new and existing dispensary owners to leverage the knowledge, resources, and ongoing support needed to thrive in their state compliantly and successfully. Item 9 Labs brings the best industry practices to markets nationwide through distinctive retail experience, cultivation capabilities, and product innovation. The veteran management team combines a diverse skill set with deep experience in the cannabis sector, franchising, and the capital markets to lead a new generation of public cannabis companies that provide transparency, consistency, and well-being. Headquartered in Arizona, the company is currently expanding its operations space by up to 640,000-plus square feet on its 50-acre site, one of the largest properties in Arizona zoned to grow and cultivate flower. For additional information, visit https://investors.item9labscorp.com/.
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, including, but not limited to, risks and effects of legal and administrative proceedings and governmental regulation, especially in a foreign country, future financial and operational results, competition, general economic conditions, proposed transactions that are not legally binding obligations of the company and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include the introduction of new technology, market conditions and those set forth in reports or documents we file from time to time with the SEC. We undertake no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Media Contact:
Item 9 Labs Corp.
Jayne Levy, VP of Communications
Jayne@item9labs.com
Investor Contact:
Item 9 Labs Corp.
800-403-1140
Investors@item9labscorp.com
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SOURCE Item 9 Labs Corp. | https://www.kxii.com/prnewswire/2022/08/03/item-9-labs-corp-host-third-quarter-fiscal-year-2022-earnings-call-august-16-830-am-et/ | 2022-08-03T15:20:18Z |
CAMBRIDGE, Mass., Sept. 6, 2022 /PRNewswire/ -- Theseus Pharmaceuticals, Inc. (NASDAQ: THRX) (Theseus or the Company), a clinical-stage biopharmaceutical company focused on improving the lives of cancer patients through the discovery, development and commercialization of transformative targeted therapies, today announced that the company will participate in-person at the following upcoming investor conferences:
Conference: H.C. Wainwright 24th Annual Global Investment Conference
Date / Time: Tuesday, September 13th, 2022, 12:00pm ET
Format: Company Presentation
Conference: Morgan Stanley 20th Annual Global Healthcare Conference
Date / Time: Wednesday, September 14th, 2022, 3:30pm ET
Format: Fireside Chat
Conference: Cantor Fitzgerald's Oncology, Hematology & HemeOnc Conference
Date / Time: Wednesday, September 28th, 2022, 11:30am ET
Format: Panel Discussion
Live webcasts will be available in the Events section of the company's investor relations website at ir.theseusrx.com and archived for 30 days following the presentations.
Management will also be participating in one-on-one investor meetings throughout the conferences. Investors interested in scheduling a meeting with the Theseus management team should contact their H.C. Wainwright, Morgan Stanley, or Cantor Fitzgerald representatives.
About Theseus Pharmaceuticals, Inc.
Theseus is a clinical-stage biopharmaceutical company focused on improving the lives of cancer patients through the discovery, development and commercialization of transformative targeted therapies. Theseus is working to outsmart cancer resistance by developing pan-variant tyrosine kinase inhibitors (TKIs) to target all known classes of cancer-causing and resistance mutations that lead to variants in a particular protein in a given type of cancer. Theseus' lead product candidate, THE-630, is a pan-variant KIT inhibitor for the treatment of patients with advanced gastrointestinal stromal tumors (GIST), whose cancer has developed resistance to earlier lines of kinase inhibitor therapy. Theseus is also developing a fourth-generation, selective epidermal growth factor receptor (EGFR) inhibitor for C797S-mediated resistance to first- or later-line osimertinib treatment in patients with non-small cell lung cancer (NSCLC). For more information, visit www.theseusrx.com.
Media Contact
Amy Jobe, Ph.D.
LifeSci Communications
315-879-8192
ajobe@lifescicomms.com
Investor Contacts
Christen Baglaneas
Theseus Pharmaceuticals
857-706-4993
christen.baglaneas@theseusrx.com
Josh Rappaport
Stern Investor Relations
212-362-1200
josh.rappaport@sternir.com
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SOURCE Theseus Pharmaceuticals | https://www.kxii.com/prnewswire/2022/09/06/theseus-pharmaceuticals-participate-upcoming-september-investor-conferences/ | 2022-09-06T13:02:41Z |
SPOKANE, Wash., July 28, 2022 /PRNewswire/ -- EDMO Distributors, a global leader in the distribution of avionics, test equipment, and install supplies, is excited to announce the arrival of Trig Avionics' Nav/Com Radio. The release of the TX56 completes the Trig avionics stack. Pilots can get a good looking, fully featured stack that includes a TMA44 audio panel, TY96A VHF, TX56A Nav/Com and TT31 transponder.
The TX56 is a slimline unit, at only 1.3in high, making it easier to install and saves valuable space in any avionics stack. Trig CEO Andy Davis said, "Trig's Nav/Com product family has landed. We know customers are excited by the TX56's space saving form factor and its compelling list of pilot friendly features."
The TX56 uses a bright high-resolution display, with the clearest presentation of Nav and Com information. The unit has a customizable frequency database which holds over 200 com and an additional 200 nav frequencies, loaded via a USB stick. The Nav/Com includes a two-place intercom, with support for stereo music. All TX56 models have a built-in digital course deviation indicator (CDI). Trig Nav/Com's benefit from having a built in VOR/LOC converter and can also support a composite output. This ensures the widest compatibility with installed indicators. The Nav supports VFR and IFR navigation, including ILS approaches. Trig's TI106, Course Deviation Indicator is available, as the ideal panel mounted companion to any TX56 model.
The full Trig stack is a compelling package, with a good-looking harmonized design. Visit edmo.com to view the full line of Trig Avionics products and complete your avionics stack today!
Over the course of 50 years, EDMO Distributors has secured a reputation as one of the most reliable sources for aircraft electronics, test equipment, installation supplies, wire and cable, tooling, and pilot supplies. EDMO's commitment to providing the best service and the largest selection possible has made it a company that customers count on and trust. With headquarters in Spokane, WA and a warehouse in Nashville, TN, EDMO maintains a stringent quality management system and is an ISO 9001:2015/AS9120B certified company. Visit edmo.com for more information.
Trig Avionics 'Better by Design' philosophy guides the business. It results in products that are simple to use, truly innovative and provides pilots with features that really matter - with a strong commitment to helping our customers meet regulatory changes. Whether it be development of new products or existing products, the processes have the end user at the forefront. Trig is committed to providing great customer service through our Trig Service Centers in Europe, North America, and Australia—offering prompt and responsive support throughout the lifetime of every Trig product. For more information, visit www.trig-avionics.com.
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SOURCE EDMO Distributors Inc. | https://www.kxii.com/prnewswire/2022/07/28/available-edmo-trig-avionics-releases-tx56-navcom-radio/ | 2022-07-28T12:58:09Z |
Faced with both infinite possibilities and challenges, Generation Alpha may be better called Generation Infinite
NEW YORK, July 11, 2022 /PRNewswire/ -- Generation Alpha – the next generational cohort coming up after Gen Zs, who today are roughly 12 and under – is facing a world that is infinitely harder than the one their parents grew up in but they also recognize infinite possibilities, according to a new report, Gen Alpha: Generation Infinite from Cassandra, Big Village's insights and strategy group that studies trendsetting young consumers. The report, which is the first comprehensive examination of this age group as a generational cohort, reveals much about this generation, where change has been a constant.
"The iPad was a game changer. The Pandemic was a game changer. TikTok is a game changer. The incredible speed with which the world moves today often means the game changes before all the pieces can even be put on the board of the last game. And this is the world Gen Alphas were born into," said Kathy Sheehan, Senior Vice President, Cassandra. "A world with technological and scientific breakthroughs that prior generations could not even imagine. But also, a world that sometimes feels like it is on the edge of social, political, and environmental collapse. When the outcome of our entire world order is anyone's guess, Gen Alpha's well-being depends upon their ability to ride these waves of chaos."
Technology and being digitally native plays a large role in how Generation Alpha sees themselves and the world around them. In fact, 55% of 7-12 year olds use social media and 76% of those surveyed believe technology's good outweighs its bad. Technology has become Gen Alpha's tool of choice, putting it at the center of everything they do, including learning with 77% of Gen Alpha's saying they learn best when they use technology. With that in mind, it is not surprising that 82% of Gen Alpha agrees they can figure most things out if they have access to technology.
While Gen Alpha clearly values humor, kindness and creativity in themselves and others, when asked how they introduce themselves, 58% of them said as a gamer with gaming topping the list of favorite pastimes for them. To further drive the point home that social media and technology is shaping the generation, 64% of Gen Alpha would rather be a YouTube / Social Media Influencer than the President of the United States. But social media is not all the generation cares about. Mental health also weighs on the minds of Gen Alpha. 59% of Gen Alpha agree that mental health is a big issue and 62% say their school should focus more on mental health education than physical education.
"The market has been calling them Gen Alpha, but at Cassandra, we see them as so much more than simply the next generation following Zs," continued Sheehan. "Generation Alpha is the most socially aware generation we have studied. Between living their most critical years in terms of development through a global pandemic and carrying the weight of previous generations and their decisions on their shoulders, they are coming of age in an infinitely complex world full of infinite challenges. Despite this, they exhibit kindness, empathy and fluidity and the belief that they have also been handed what they see as the answer to a lot of these challenges – unmatched technological access and ability from a very young age. And with this comes infinite possibilities. That is why we believe that Generation Infinite might be a more apt name for this next cohort."
Alphas take ownership over their identity. They are curious and openly challenge outdated notions around gender and sexuality and everything else. 84% of Gen Alphas surveyed believe a person's pronouns should be respected and fight for the right for people to be able to express who they are. Do not assume anything about Gen Alpha. They will let you know who they are.
Gen Alpha: Generation Infinite is the culmination of research that was conducted this spring among children, their parents and early childhood experts. Cassandra fielded a quantitative survey among a nationally representative sample of 1,000 US parents of Gen Alphas, and 700 older Gen Alphas (7-12 years old) along with expert interviews, Gen Alpha and Parents focus groups, and Teacher and School Counselor groups.
To learn more about the Cassandra Report® and the benefits of becoming a Cassandra client, please visit https://cassandra.co.
Cassandra is the foremost authority on Millennial, Gen Z, and Gen Alpha research focusing on emerging trends, generational insights, and youth behavior. Cassandra is an insights and cultural strategy group within Big Village, a global advertising, technology, and data company. As the leading experts on young consumers and the cultural forces shaping their lives for nearly 20 years, Cassandra empowers companies to See Tomorrow™. Find out more at https://cassandra.co
Big Village is a global advertising, technology, and data company. Driven by our diverse group of experts, we provide a new way of working by bringing programmatic solutions, media, insights, and creative all under one roof. Big Village is headquartered in New York and has 12 offices across North America, Europe, and Australia. Find out more at https://big-village.com/
Media Contact
Laura Czaja
Director, Corporate Communications
Big Village
Laura.czaja@big-village.com
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SOURCE Big Village | https://www.kxii.com/prnewswire/2022/07/11/new-research-cassandra-by-big-village-dives-into-values-identity-gen-alpha/ | 2022-07-11T13:55:51Z |
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.mysuncoast.com/prnewswire/2022/06/24/qyou-influencer-marketing-president-glenn-ginsburg-speaking-vidcon-2022/ | 2022-06-24T13:18:12Z |
SmartMouth Kids eliminates and prevents bad breath for 24 hours with just two rinses a day and features a kid-friendly grape flavor to encourage good hygiene and promote oral health among children
ST. LOUIS, Aug. 9, 2022 /PRNewswire/ -- SmartMouth – a leading provider of innovative oral-care products – continues to expand its product line with the introduction of SmartMouth Kids – the only kids' mouthwash scientifically proven to eliminate and prevent bad breath for 24 hours with just two rinses per day. SmartMouth Kids is available in a 10-ounce dual-chamber bottle on smartmouth.com and Amazon at a suggested retail price of $6.99.
Dentist-recommended SmartMouth Kids is designed to encourage sound oral-hygiene practices and help kids maintain a healthier mouth. SmartMouth Kids' zinc-activated formula promotes oral health and boosts immunity, and its grape flavor was designed with kids in mind to help encourage regular oral-hygiene habits.
"No one likes bad breath, and that includes kids. But let's face it – kids don't always have the best oral-hygiene habits. That's why we created SmartMouth Kids," said SmartMouth CEO Jim Scheetz. "SmartMouth Kids eliminates and prevents bad breath just like our original activated mouthwash, but with a flavor that kids love and are more likely to use every day. And doing so will help kids maintain a healthier mouth."
Similar to other products in the SmartMouth activated mouthwash line, SmartMouth Kids employs two powerful liquids to fight bad breath. Its Sulfur Eliminating Solution destroys the root cause of bad breath: sulfur gases in the mouth. When added to its zinc ion Activating Solution, the combined solution instantly activates to release billions of zinc ions that bond to the germs in the mouth, stopping the return of bad breath for 24 hours with just two rinses a day.
A leading innovator in the long-term prevention of bad breath, SmartMouth also has developed a mild Zinc Ion Toothpaste kids love, a Clinical Activated Oral Rinse combining zinc ion technology with anti-plaque and anti-gingivitis benefits to prevent bleeding gums for optimal oral health, a Mouth Sore Rinse which helps alleviate oral pain and irritation, and a Dry Mouth Mouthwash designed to relieve dry mouth while preventing bad breath. SmartMouth also offers Dry Mouth Dual-Action Mints with zinc and xylitol to provide additional dry mouth relief throughout the day.
Founded in 1993 by Dr. Marvin Cohen, SmartMouth Oral Health Laboratories is a leading innovator in providing long-lasting solutions to bad breath. SmartMouth products utilize a patented zinc-ion-activated technology to eliminate the root cause of bad breath: the mouth's natural production of sulfur gas. The SmartMouth line of homecare oral-hygiene products includes SmartMouth Original Activated Mouthwash, Clinical Activated Mouthwash, Dry Mouth Activated Mouthwash, Dry Mouth Mints and Premium Zinc Ion Toothpaste. For more information about SmartMouth products, visit smartmouth.com.
For additional information, contact:
Patrick Barry - BYRNE PR
314-540-3865
Patrick@BYRNEPR.net
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SOURCE SmartMouth | https://www.wibw.com/prnewswire/2022/08/09/smartmouth-introduces-activated-mouthwash-formulated-kids/ | 2022-08-09T15:57:34Z |
Teen arrested after University of Kentucky shooting that left 11 injured
Published: Sep. 8, 2022 at 7:48 AM EDT|Updated: 18 minutes ago
LEXINGTON, Ky. (WKYT/Gray News) - A University of Kentucky student was shot at a party on the campus late Wednesday, WKYT reported.
Thursday morning, Jason Almanza-Arroyo was charged with first-degree wanton endangerment, second-degree disorderly conduct, third-degree assault and public intoxication.
The shooting happened at a house on University Avenue on the University of Kentucky campus.
Police said two uninvited people came to the house, and at least one shot was fired after an argument
A University of Kentucky spokesperson said a bullet hit one student directly. Ten other students were injured by shrapnel.
All the students are expected to recover.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/08/teen-arrested-after-university-kentucky-shooting-left-11-injured/ | 2022-09-08T12:09:07Z |
Autopsy: Patrick Lyoya killed by cop’s shot to the head
Published: May. 6, 2022 at 6:17 PM EDT|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.mysuncoast.com/2022/05/06/autopsy-patrick-lyoya-killed-by-cops-shot-head/ | 2022-05-06T23:44:51Z |
Philadelphia to scan middle schoolers for weapons beginning next week
By Dann Cuellar
Click here for updates on this story
PHILADELPHIA (WPVI) — The School District of Philadelphia is launching a new security measure that some parents might consider controversial.
Middle school and elementary school students will undergo weapon screenings beginning next week.
“It’s about keeping our children safe,” said Chief Kevin Bethel of the Office of School Safety.
He says for years now, they have had metal detectors installed at all high schools in the district to screen for guns and other weapons. But it was only until recently that weapons began surfacing at elementary and middle schools.
“I’ve had two incidents where guns have come into school. I have another incident where a young man, a young student was observed on a video firing a weapon a block from the school,” said Bethel.
Beginning next week, the district will use hand wands or metal detectors to scan all sixth through eighth graders at least once before the end of the school year.
According to a letter sent to parents, the scans will be conducted randomly at schools by school safety officers in the presence of at least one school leader.
“I’m a father of three girls and my daughter graduates from high school this year. I know what it’s like, these are our children, these are my children,” said Bethel.
Most parents we spoke with supported the move.
“I see young kids as young as elementary school are getting their hands on these weapons so I honestly do feel like it’s kinda necessary,” said Cathiana Etienne of Juniata Park.
“And the gun violence in the city is crazy right now, so I think it’s a good idea,” said Jocelyn Baron of Port Richmond.
But some critics argue that this is over-policing that continues to criminalize children.
“I think metal detecting children is kind of absurd. And I mean certain situations I could understand it, but overall? No,” said Michel DiCastelnuovo of South Philadelphia.
“I know sometimes it gives some people pause but it’s not about criminalizing anyone or targeting anyone. It’s about making our folks feel safe,” said Bethel.
If a student is found to have a weapon, they will be detained and referred to Philadelphia police.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/05/06/philadelphia-to-scan-middle-schoolers-for-weapons-beginning-next-week/ | 2022-05-06T19:14:52Z |
US proposes to increase refund protections for air travelers
WASHINGTON (AP) - The Transportation Department is proposing to require airlines to offer passengers a refund if their flight schedule is changed significantly or the airline makes major changes to their itinerary.
The proposed rule announced Wednesday would require airlines to give refunds if their departure or arrival time changes by three hours or more for a domestic flight or at least six hours for an international one.
Refunds would also be due if the airline changes the passenger’s departure or arrival airport, adds stops in their itinerary, or causes “a significant downgrade” in the travel experience by switching to a different type of plane.
The rule would apply even for travelers who buy nonrefundable tickets, which usually cost less and are favored by many leisure travelers.
The proposal comes after the department was flooded with complaints by passengers whose flights were canceled or changed — or who were afraid to fly during the early months of the pandemic — and who couldn’t get refunds.
Airlines prefer to hand out travel vouchers instead of refunds.
The department proposes to require that airlines and ticket agents give vouchers that don’t expire for passengers who are told not to travel during a pandemic for health reasons or because borders are closed.
The proposal faces a public-comment period and likely opposition by airlines. Their trade group, Airlines for America, did not immediately comment.
Currently, airlines are required to offer refunds to passengers whose flights are canceled or significantly changed, but it has never defined a cancellation or significant change. Because of that, airlines have challenged the Transportation Department’s authority to force them to pay refunds.
“When Americans buy an airline ticket, they should get to their destination safely, reliably, and affordably,” Transportation Secretary Pete Buttigieg said in a statement. “This new proposed rule would protect the rights of travelers and help ensure they get the timely refunds they deserve from the airlines.”
Consumer complaints filed with the department rose nearly seven-fold in 2020 from the year before, and 87% were about refunds.
The department will take public comments on the proposal for 90 days. A group that advises the department and includes consumer advocates scheduled an online meeting to discuss the rule on Aug. 22.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/04/us-proposes-increase-refund-protections-air-travelers/ | 2022-08-04T06:29:09Z |
Financing from new and existing investors will support pipeline progression and expansion for age-related degenerative diseases
BEIJING, Aug. 2, 2022 /PRNewswire/ -- Sironax, an emerging biotechnology company dedicated to the discovery and global development of novel treatments for patients with age-related degenerative diseases, today announced the completion of a $200 million Series B financing. The round was led by Gaorong Capital and Yunfeng Capital, with participation from existing investors including Temasek, Invus, F-Prime Capital, Eight Roads, ARCH Venture Partners, K2 Venture Partners and lead investors from previous financings. In addition to the co-leads, new investors include MSA Capital, CBC Group, Long River Investments, LSV Capital, Superstring Capital, and Future Innovation Fund as well as a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA). With the closing of this round, the Company has raised over $300 million to date.
Sironax's pipeline is comprised of multiple programs with a focus on key mechanisms underlying age-related degenerative diseases including regulated cell death, neuroprotective pathways and neuroinflammation. Sironax plans to use the proceeds to support the ongoing clinical development of its portfolio of receptor-interacting serine/threonine-protein kinase 1 (RIPK1) inhibitors in addition to the continued expansion of its R&D footprint and pipeline of potential best- and first-in-class candidates for age-related degenerative diseases.
"We are pleased to be supported by a syndicate of leading investors to enable us to achieve our vision of bringing transformational therapies to patients around the globe whose lives are impacted by a broad range of degenerative diseases," said Aaron Ren, Ph.D., Chief Executive Officer of Sironax. "Building upon groundbreaking discoveries—including many by our co-founder Dr. Xiaodong Wang—we have built a robust pipeline of novel programs of both small molecules and biologics that target critical pathways underlying degenerative disease pathogenesis. With this investment, we are well-positioned to advance additional programs into the clinic and continue to move our lead program forward."
Dr. Albert Huang, Managing Director at Yunfeng Capital noted, "The fast-growing aging population leads to a high demand for the therapy of age-related degenerative diseases. Over the past 20 years, Dr. Xiaodong Wang has devoted himself to programmed cell death research, unearthing a novel mechanism of aging and degenerative disease, which has laid the foundation of scientific success for Sironax. We look forward to a lasting partnership with Dr. Wang, Dr. Ren and the entire Sironax team, and strongly believe the Company has the potential to develop effective solutions for age-related degenerative diseases."
A representative from Gaorong Capital commented: "The demands for clinical development and effective therapies are increasing along with the deepened understanding in degenerative diseases. As a fast-growing clinical-stage company, Sironax has established a robust pipeline targeting degenerative diseases, which has demonstrated strong safety profile and promising efficacy signals in early clinical trials. We are delighted to work with the Sironax team and support the advancement of therapies for degenerative diseases that could offer benefits to patients around the world and increase their quality of life."
About Sironax
Sironax is a clinical-stage biotechnology company dedicated to the discovery and global development of novel treatments for patients with age-related degenerative diseases. Since its founding in 2017, Sironax has built a diverse pipeline of multiple programs, focusing on key mechanisms underlying age-related degenerative diseases including regulated cell death, neuroprotective pathways and neuroinflammation. Sironax is currently conducting early clinical studies with SIR0365 and SIR2446, in addition to ongoing preclinical research. For more information, please visit www.sironax.com
About Gaorong Capital
Founded in 2014, Gaorong Capital is focused on early and growth-stage investments, with a specialty in new consumption, new technology and healthcare. We have 20 IPO portfolios and over 30 projects valued more than USD 1 billion, amongst which, many of them have advanced to be leaders in their perspective industries, including Pinduoduo, Huya, BOSS Zhipin, Roborock, Dingdong Fresh, etc. We continue to invest in the healthcare industry, and are committed to discovering and accompanying leading companies in the fields of digital health, medical services, drug discovery, medical instrumentation and testing.
About Yunfeng Capital
Founded in 2010, Yunfeng Capital is a leading private equity investment firm in China committed to fostering future-ready companies. With a common vision for building a better future, we work side by side with entrepreneurs to create long-term value. We have formed deep sector expertise and industry insights in our focused sectors, including Technology, Business Services, Green Energy, Digital Agriculture, Biotechnology and Consumption, and we are dedicated to promoting technological innovation and sustainable development to enable and to drive industry transformation and upgrade.
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SOURCE Sironax | https://www.kxii.com/prnewswire/2022/08/02/sironax-announces-closing-200-million-series-b-financing/ | 2022-08-02T11:54:24Z |
Best Places to Work Award Winner by the Milwaukee Business Journal & Announces Two New Hires
MILWAUKEE, Sept. 6, 2022 /PRNewswire/ -- Spectrum Investment Advisors, located in Mequon, Wisconsin, is one of 15 Wisconsin businesses that are being named 2022's Best Places to Work in the Micro category (10-24 employees) by the Milwaukee Business Journal.
"Being recognized as one of Milwaukee's Best and Brightest Companies to Work For is a testament to the wonderful people that are part of our team," said Manuel Rosado, president of Spectrum Investment Advisors. "At Spectrum, we celebrate success both corporately and individually, while encouraging our employees to find a balance between working hard and enjoying their lives and families."
On top of that Spectrum celebrates the addition of two new employees. Manuel Rosado, President of Spectrum Investment Advisors said, "We're very excited to have Jon and Angelica as part of our team. Their expertise and background will complement our team of seasoned executives very well."
Spectrum is excited to welcome Jon to the firm as a Financial Education Advisor to support and strengthen the organizations commitment to one-on-one investment consultation to plan participants. Jon holds the Investment Adviser Representative license (Series 65). Prior to joining Spectrum, Jon's career provided him with a broad range of business, management, and leadership experience. Jon earned his Bachelor of Science in Business Administration from the University of Wisconsin – Stevens Point.
Spectrum welcomes Angelica to the team as their Marketing Manager. She is responsible for marketing activities and initiatives such as communications, event planning, social media platforms, and community outreach. She is also responsible for managing meetings, corporate events, and conferences such as the annual "Retirement Plan Investment Seminar," "Spectrum Investor® Coffee House Educational Series," and the client appreciation golf outing at Trappers Turn. She graduated from the University of Illinois Urbana-Champaign, attaining a Bachelor of Science in Communications and a minor in Public Relations.
Incorporated in 1995, Spectrum is a Registered Investment Adviser built on the premise that achieving one's financial goals depends on independent financial advice, timely research, and easy access to the investments and services that best fit an investor's specific needs. For more information about Spectrum Investment Advisors, visit www.spectruminvestor.com. Registration with the SEC does not imply a certain level of skill or training.
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SOURCE Spectrum Investment Advisors | https://www.kxii.com/prnewswire/2022/09/06/spectrum-investment-advisors-celebrates-three-new-accomplishments/ | 2022-09-06T19:06:07Z |
NEW ORLEANS, July 27, 2022 /PRNewswire/ -- Entergy will report its second-quarter 2022 financial results before the market opens Wednesday, Aug. 3.
Leo Denault, chairman and chief executive officer, Drew Marsh, executive vice president and chief financial officer, and company leaders invite you to listen to a live webcast discussion of Entergy's financial results at 10 a.m. Central time the same day. Visit entergy.com/investors for information on how to access the webcast, including instructions on how to register to participate by telephone.
The presentation materials will be available on Entergy's website before the market opens on the day of the call. An archived replay of the webcast will be available on Entergy's Investor Relations website at entergy.com/investors. From time to time, Entergy posts new and/or revised materials on its website and on social media and anticipates doing so in connection with this event.
Entergy (NYSE: ETR), a Fortune 500 company headquartered in New Orleans, powers life for 3 million customers through its operating companies across Arkansas, Louisiana, Mississippi and Texas. Entergy is creating a cleaner, more resilient energy future for everyone with our diverse power generation portfolio, including increasingly carbon-free energy sources. With roots in the Gulf South region for more than a century, Entergy is a recognized leader in corporate citizenship, delivering more than $100 million in economic benefits to local communities through philanthropy and advocacy efforts annually over the last several years. Our approximately 12,000 employees are dedicated to powering life today and for future generations. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife
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SOURCE Entergy Corporation | https://www.wibw.com/prnewswire/2022/07/27/entergy-report-second-quarter-2022-financial-results-aug-3/ | 2022-07-27T23:10:37Z |
DALLAS (KDAF) — Nicole Haarklau, Director of Food & Beverage continues our tour of Hotel Vin with a stop in the tasting room.
Instead of tasting different wines, we tasted ONE wine, in different glasses. She teaches us how the style of glass truly does matter!
Hotel Vin’s location in Grapevine naturally leads it to be wine-focused. They offer glass tastings daily, where they can learn how the shape of the glassware can impact the flavor profile you experience when drinking wine.
They also host paired dinners seasonally with different wineries, allowing guests to meet the winemakers and sample new varietals, as well as annual events like Rosé Soiree, which takes place every spring. For more information visit hotelvin.com. | https://cw33.com/news/inside-dfw/does-the-type-of-wine-glass-you-use-affect-the-taste-we-test-that-theory-at-hotel-vin-in-grapevine/ | 2022-08-03T14:49:30Z |
KANSAS CITY, Mo., June 14, 2022 /PRNewswire/ -- NASB Financial, Inc. (OTCQX: NASB) announced today that its Board of Directors declared a quarterly cash dividend of $0.85 per share, which will be paid on June 30, 2022, to stockholders of record on June 24, 2022.
NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. ("NASB"). Since 1927, NASB has been serving the financial needs of customers by providing an array of personal banking and lending products in the Kansas City metro area. Nationwide, NASB offers competitive residential and commercial mortgages with the safety and security of a Federal financial institution.
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SOURCE NASB Financial, Inc. | https://www.wibw.com/prnewswire/2022/06/14/nasb-financial-inc-declares-cash-dividends-common-stock/ | 2022-06-14T20:55:21Z |
VANCOUVER, BC, May 12, 2022 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American" or the "Company") reported the voting results from its annual general and special meeting of shareholders held May 11, 2022, in Vancouver, British Columbia (the "Meeting"). Each of the matters voted upon at the Meeting are described in detail in the Company's Management Information Circular dated March 21, 2022, which is available on the Company's website at panamericansilver.com.
A total of 131,361,761 common shares were represented at the meeting, being 62.41% of the Company's issued and outstanding common shares as at the record date. Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditors for the ensuing year, the acceptance of the Company's approach to executive compensation, known as "say-on-pay", and the election of management's nominees as directors.
Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia. We also own the Escobal mine in Guatemala that is currently not operating. Pan American provides enhanced exposure to silver through a large base of silver reserves and resources, as well as major catalysts to grow silver production. We have a 28-year history of operating in Latin America, earning an industry-leading reputation for sustainability performance, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS".
Learn more at panamericansilver.com.
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SOURCE Pan American Silver Corp. | https://www.kxii.com/prnewswire/2022/05/13/pan-american-silver-announces-results-annual-general-special-meeting/ | 2022-05-13T06:52:28Z |
- UVeye joins with Tekion to integrate automated vehicle-inspection systems with the latest artificial intelligence-powered Automotive Retail Cloud
- General Motors dealership network will be the first to utilize the Tekion integration
DETROIT, Aug. 17, 2022 /PRNewswire/ -- – UVeye is integrating its advanced vehicle-inspection systems with Tekion's end-to-end cloud-native platform, Automotive Retail Cloud (ARC).
The two technology companies are joining forces following UVeye's recent collaboration with General Motors. The collaborative effort will enable dealers that utilize Tekion's ARC to benefit from the seamless integration of UVeye systems.
"Our partnership with Tekion is just one of many steps UVeye is taking to improve and revolutionize the customer-service experience at dealerships through unprecedented levels of transparency," says Amir Hever, the company's CEO and co-founder.
By combining UVeye's AI-powered vehicle scanning devices with Tekion's innovative cloud-native software, service customers and dealership employees will be able to receive comprehensive vehicle-condition reports instantaneously. The reports are designed to provide clarity and enhance the customer-service experience by helping users decide on the best service solutions possible.
Customers simply can drive through UVeye scanning units at the entrance of the dealership service department. Detailed reports then are delivered via text message, email or through Tekion's personalized consumer portal in ARC. Not only can the reports eliminate guesswork, but they also build customer trust through transparency.
Carl Black Chevrolet, Buick, GMC of Kennesaw, Georgia, is the first GM dealer to integrate UVeye's advanced vehicle-inspection systems with Tekion's game-changing Automotive Retail Cloud.
"We're incredibly excited to be collaborating with Tekion to provide an extraordinary experience for dealership customers across the country in the coming months," notes Hever. "With our integration into Tekion's ARC, GM customers and dealerships now can benefit from stronger and more transparent relationships from the data we provide both parties. It's a win-win for everyone."
The UVeye product suite includes three AI-driven systems that can detect mechanical issues such as fluid leaks and component and body damage as well as missing parts or modifications. They also can measure tire-tread depth, detect uneven wear and read sidewall information.
UVeye systems then summarize tire, underbody and exterior inspection data into a single detailed vehicle-condition report that instantly can be relayed to both customers and dealership service personnel.
"We look forward to working with UVeye to deliver a seamless and superior experience to consumers during their vehicle service experience," says Jay Vijayan, CEO and founder of Tekion. "Through this collaboration, consumers can access important safety data about their vehicle and in turn, dealers are improving efficiency and providing added value to their guests. This is another step in modernizing automotive retail."
About UVeye
Established in 2016, UVeye created one of the world's first fully automated and comprehensive vehicle inspection systems. Earlier this year UVeye's inspection technology was integrated with CDK's Fortellis Automotive Commerce Exchange. The company also plans to make its service-department technology available to new- and used-car dealers through other automotive retail-management systems.
Utilizing a bespoke combination of proprietary algorithms, cloud architecture, artificial intelligence, machine learning and sensor-fusion technologies, the company's groundbreaking drive-thru systems can detect any external or mechanical flaws and identify anomalies, modifications or foreign objects under and around any side of a vehicle within seconds.
Detections include but are not limited to oil leaks, exterior imperfections such as scratches and dents, tire sidewall and tread issues and other forms of underbody damage. Originally developed for use in the homeland security industry, UVeye expanded its technology applications to the auto industry, revolutionizing the multipoint inspection process and improving the customer experience by scanning for and identifying a wide variety of quality and repair concerns. Additional information is available at www.uveye.com.
About Tekion
Disrupting a 50-year reliance on aging Dealer Management System platforms, Tekion has challenged the paradigm with the first and fastest cloud-native automotive retail platform, Automotive Retail Cloud (ARC). This transformative dealership software platform uses cutting-edge technology, big data, machine learning, and AI to seamlessly bring together OEMs, retailers/dealers and consumers. With its highly configurable integration and greater customer engagement capabilities, ARC is simplifying the dealer/consumer relationship and journey. Founded in the Silicon Valley, Tekion employs over 2,000 innovators globally. For more information, visit www.tekion.com.
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SOURCE UVeye | https://www.kxii.com/prnewswire/2022/08/17/uveye-tekion-partner-enhance-dealership-customer-service-experience/ | 2022-08-17T17:35:22Z |
Kanye West drops out of Coachella
By Lisa Respers France and Chloe Melas, CNN
Kanye West has backed out of headlining Coachella, a source close to the artist confirmed to CNN Monday.
West, who now goes by Ye, had been set to be one of the headliners of The Coachella Valley Music and Arts Festival along with Billie Eilish and Harry Styles.
The source said that West did not want to take the stage in the midst of his divorce battle with Kim Kardashian and in the wake of his one-sided feud with “Daily Show” host Trevor Noah.
In the past several weeks West has taken to social media to air his grievances about co-parenting issues with Kardashian.
He was suspended from Instagram for 24 hours for posting a racial slur aimed at Noah after the late-night host voiced his concern about West’s feuding with Kardashian.
A performance by Ye at Sunday’s Grammy Awards was also subsequently canceled, according to three sources close to the artists, citing his “online behavior.”
Ye did not attend the event but won two Grammys.
The annual event is held over two weekends at the Empire Polo Club in Indio, California, and this year is scheduled to take place April 15-17 and April 22-24.
West had earlier threatened to quit Coachella after Eilish made a comment he perceived to be bashing Travis Scott – something Eilish denied.
While Scott had not been announced as a headliner he will no longer be performing at Coachella with West the source told CNN.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/entertainment/cnn-entertainment/2022/04/04/kanye-west-drops-out-of-coachella/ | 2022-04-04T20:20:36Z |
SAN FRANCISCO, July 22, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced financial results for its second quarter 2022.
Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain additional non-GAAP financial measures in this press release's supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics may not always equal total amounts indicated due to rounding.
- Q2 average monetizable daily active usage (mDAU) was 237.8 million, up 16.6% compared to Q2 of the prior year. The increase was driven by ongoing product improvements and global conversation around current events.
- Q2 revenue totaled $1.18 billion, a decrease of 1% year-over-year, or an increase of 2% on a constant currency basis, reflecting advertising industry headwinds associated with the macroenvironment as well as uncertainty related to the pending acquisition of Twitter by an affiliate of Elon Musk. When excluding MoPub and MoPub Acquire, year-over-year growth was 3%.1
- Costs and expenses totaled $1.52 billion, an increase of 31% year-over-year.
- Operating loss was $344 million, representing a -29% operating margin, compared to operating income of $30 million or 3% operating margin in the same period last year.
- Net loss was $270 million, representing a net margin of -23% and diluted EPS of -$0.35. This compares to net income of $66 million, a net margin of 6% and diluted EPS of $0.08 in the same period last year.
- Net cash provided by operating activities in the quarter was $30 million, compared to $382 million in the same period last year. Capital expenditures totaled $154 million, compared to $276 million in the same period last year.
Given the pending acquisition of Twitter by an affiliate of Elon Musk, we will not host an earnings conference call, issue a shareholder letter, or provide financial guidance in conjunction with our second quarter 2022 earnings release. For further detail and discussion of our financial performance please refer to our upcoming quarterly report on Form 10-Q for the quarter ended June 30, 2022.
For more information regarding the non-GAAP financial measures discussed in this press release, please see "Non-GAAP Financial Measures" and the reconciliations of these non-GAAP financial measures to the most directly comparable financial measures calculated in accordance with GAAP below.
As announced on April 25, 2022, we entered into a merger agreement, pursuant to which Twitter agreed to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash. Upon completion of the transaction, Twitter will become a privately held company.
On July 8, 2022, representatives of Mr. Musk delivered a notice purporting to terminate the merger agreement. Twitter believes that Mr. Musk's purported termination is invalid and wrongful, and the merger agreement remains in effect. On July 12, 2022, Twitter commenced litigation against Mr. Musk and certain of his affiliates to cause them to specifically perform their obligations under the merger agreement and consummate the closing in accordance with the terms of the merger agreement. On July 19, 2022, Twitter's request for an expedited trial was granted, and the trial is being scheduled for October 2022.
Adoption of the merger agreement by our stockholders is the only remaining approval or regulatory condition to completing the merger under the merger agreement. The exact timing of completion of the merger, if at all, cannot be predicted because the merger is subject to ongoing litigation, adoption of the merger agreement by our stockholders and the satisfaction of the remaining closing conditions.
Twitter is what's happening and what people are talking about right now. To learn more, visit about.twitter.com and follow @Twitter. Let's talk.
Twitter defines monetizable daily active usage or users (mDAU) as people, organizations, or other accounts who logged in or were otherwise authenticated and accessed Twitter on any given day through twitter.com, Twitter applications that are able to show ads, or paid Twitter products, including subscriptions. Average mDAU for a period represents the number of mDAU on each day of such period divided by the number of days for such period. Changes in mDAU are a measure of changes in the size of our daily logged in or otherwise authenticated active total accounts. To calculate the year-over-year change in mDAU, we subtract the average mDAU for the three months ended in the previous year from the average mDAU for the same three months ended in the current year and divide the result by the average mDAU for the three months ended in the previous year. Additionally, our calculation of mDAU is not based on any standardized industry methodology and is not necessarily calculated in the same manner or comparable to similarly titled measures presented by other companies. Similarly, our measures of mDAU growth and engagement may differ from estimates published by third parties or from similarly titled metrics of our competitors due to differences in methodology.
The numbers of mDAU presented in our earnings materials are based on internal company data. While these numbers are based on what we believe to be reasonable estimates for the applicable period of measurement, there are inherent challenges in measuring usage and engagement across our large number of total accounts around the world. Furthermore, our metrics may be impacted by our information quality efforts, which are our overall efforts to reduce malicious activity on the service, inclusive of spam, malicious automation, and fake accounts. For example, there are a number of false or spam accounts in existence on our platform. We have performed an internal review of a sample of accounts and estimate that the average of false or spam accounts during the second quarter of 2022 represented fewer than 5% of our mDAU during the quarter. The false or spam accounts for a period represents the average of false or spam accounts in the samples during each monthly analysis period during the quarter. In making this determination, we applied significant judgment, so our estimation of false or spam accounts may not accurately represent the actual number of such accounts, and the actual number of false or spam accounts could be higher than we have estimated. We are continually seeking to improve our ability to estimate the total number of spam accounts and eliminate them from the calculation of our mDAU, and have made improvements in our spam detection capabilities that have resulted in the suspension of a large number of spam, malicious automation, and fake accounts. We intend to continue to make such improvements. After we determine an account is spam, malicious automation, or fake, we stop counting it in our mDAU, or other related metrics. We also treat multiple accounts held by a single person or organization as multiple mDAU because we permit people and organizations to have more than one account. Additionally, some accounts used by organizations are used by many people within the organization. As such, the calculations of our mDAU may not accurately reflect the actual number of people or organizations using our platform.
In addition, geographic location data collected for purposes of reporting the geographic location of our mDAU is based on the IP address or phone number associated with the account when an account is initially registered on Twitter. The IP address or phone number may not always accurately reflect a person's actual location at the time they engaged with our platform. For example, someone accessing Twitter from the location of the proxy server that the person connects to rather than from the person's actual location.
We regularly review and may adjust our processes for calculating our internal metrics to improve their accuracy.
To supplement Twitter's financial information presented in accordance with generally accepted accounting principles in the United States of America, or GAAP, Twitter considers certain financial measures that are not prepared in accordance with GAAP, including revenues excluding foreign exchange effect, which we refer to as on a constant currency basis, non-GAAP income (loss) before income taxes, non-GAAP provision for (benefit from) income taxes, non-GAAP net income (loss), non-GAAP diluted net income (loss) per share, adjusted EBITDA, non-GAAP costs and expenses, and adjusted free cash flow, as well as measures excluding MoPub Acquire (formerly known as CrossInstall), which we wound down in December 2021, and MoPub, which we sold to AppLovin on January 1, 2022.
In order to present revenues on a constant currency basis for the fiscal quarter ended June 30, 2022, Twitter translated the applicable measure using the prior year's monthly exchange rates for its settlement currencies other than the US dollar. Twitter defines non-GAAP income (loss) before income taxes as income (loss) before income taxes adjusted to exclude stock-based compensation expense, amortization of acquired intangible assets, non-cash interest expense related to convertible notes, non-cash expense related to acquisitions, impairment (gain) on investments in privately held companies, restructuring charges, and one-time non-recurring gain, if any; Twitter defines non-GAAP provision for (benefit from) income taxes as the current and deferred income tax expense commensurate with the non-GAAP measure of profitability using the estimated annual effective tax rate, which is dependent on the jurisdictional mix of earnings; and Twitter defines non-GAAP net income (loss) as net income (loss) adjusted to exclude stock-based compensation expense, amortization of acquired intangible assets, non-cash interest expense related to convertible notes, non-cash expense related to acquisitions, impairment (gain) on investments in privately held companies, restructuring charges, and one-time non-recurring gain, if any, and adjustment to income tax expense based on the non-GAAP measure of profitability using the estimated annual effective tax rate, which is dependent on the jurisdictional mix of earnings. Non-GAAP diluted net income (loss) per share is calculated by dividing non-GAAP net income (loss) by non-GAAP diluted share count. Non-GAAP diluted share count is GAAP basic share count plus potential common stock instruments such as stock options, RSUs, shares to be purchased under employee stock purchase plan, unvested restricted stock, the conversion feature of convertible senior notes, and warrants. Twitter defines adjusted EBITDA as net income (loss) adjusted to exclude stock-based compensation expense, depreciation and amortization expense, interest and other expense, net, provision for (benefit from) income taxes, restructuring charges, and one-time non-recurring gain, if any. Twitter defines non-GAAP costs and expenses as total costs and expenses adjusted to exclude stock-based compensation expense, amortization of acquired intangible assets, non-cash expense related to acquisitions, restructuring charges, and one-time non-recurring gain, if any. Adjusted free cash flow is GAAP net cash provided by operating activities less capital expenditures (i.e., purchases of property and equipment including equipment purchases that were financed through finance leases, less proceeds received from the disposition of property and equipment).
Twitter is presenting these non-GAAP financial measures to assist investors in seeing Twitter's operating results through the eyes of management, and because it believes that these measures provide an additional tool for investors to use in comparing Twitter's core business operating results over multiple periods with other companies in its industry.
Twitter believes that revenues on a constant currency basis, non-GAAP income (loss) before income taxes, non-GAAP provision for (benefit from) income taxes, non-GAAP net income (loss), non-GAAP diluted net income (loss) per share, adjusted EBITDA, and non-GAAP costs and expenses provide useful information about its operating results, enhance the overall understanding of Twitter's past performance and future prospects, and allow for greater transparency with respect to key metrics used by Twitter's management in its financial and operational decision-making. Twitter uses these measures to establish budgets and operational goals for managing its business and evaluating its performance.
Twitter believes that revenues on a constant currency basis is a useful metric that facilitates comparison to its historical performance. Twitter believes that non-GAAP net income (loss), non-GAAP diluted net income (loss) per share, adjusted EBITDA, and non-GAAP costs and expenses help identify underlying trends in its business that could otherwise be masked by expenses and one-time gains or charges, or the effects of the income tax benefits related to the establishment of deferred tax assets and the tax provisions from the establishment of a valuation allowance against deferred tax assets described above, which are non-operating benefits and expenses.
In addition, Twitter believes that adjusted free cash flow provides useful information to management and investors about the amount of cash from operations and that it is typically a more conservative measure of cash flows. However, adjusted free cash flow does not necessarily represent funds available for discretionary use and is not necessarily a measure of its ability to fund its cash needs.
We have included measures excluding MoPub and MoPub Acquire because such businesses are no longer part of our operations, and we believe these measures are useful in understanding the ongoing results of our operations.
These non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. These non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similarly titled measures presented by other companies.
Twitter has filed a preliminary proxy statement in connection with its Special Meeting of Stockholders (the Special Meeting) related to the pending acquisition of Twitter (the Transaction). Prior to the Special Meeting, Twitter will furnish a definitive proxy statement to its stockholders, together with a proxy card. STOCKHOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Detailed information regarding the names, affiliations and interests of individuals who are participants in the solicitation of proxies of Twitter's stockholders is available in Twitter's preliminary proxy statement.
Stockholders may obtain, free of charge, Twitter's proxy statement (in both preliminary and definitive form), any amendments or supplements thereto, and any other relevant documents filed by Twitter with the U.S. Securities and Exchange Commission (the SEC) in connection with the Special Meeting at the SEC's website (http://www.sec.gov). Copies of Twitter's definitive proxy statement, any amendments or supplements thereto, and any other relevant documents filed by Twitter with the SEC in connection with the Special Meeting will also be available, free of charge, at Twitter's investor relations website (https://investor.twitterinc.com) or by writing to Twitter, Inc., Attention: Investor Relations, 1355 Market Street, Suite 900, San Francisco, California 94103.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or Twitter's future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "going to," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue," or the negative of these words or other similar terms or expressions that concern Twitter's expectations, strategy, priorities, plans, or intentions. Forward-looking statements in this press release include, but are not limited to, statements regarding the effect of macroeconomic trends and conditions on our results of operations; statements regarding the Transaction, including the purported termination of the merger agreement and our litigation involving Mr. Musk and his affiliates; the closing of the Transaction on the terms reflected in the merger agreement, if at all; and expectations for Twitter following the closing of the Transaction. If any of these risks or uncertainties materialize, or if any of Twitter's assumptions prove incorrect, Twitter's actual results could differ materially from the results expressed or implied by these forward-looking statements. Additional risks and uncertainties include those associated with: the possibility that the conditions to the closing of the Transaction are not satisfied, including the risk that Twitter's stockholders do not approve the merger agreement; the occurrence of any event, change or other circumstances that could result in the merger agreement being terminated or the merger not being completed on the terms reflected in the merger agreement, or at all, and the risk that the merger agreement may be terminated in circumstances that require us to pay a termination fee; the nature, cost and outcome of any legal proceedings that have been or may be instituted against us and others related to the merger agreement, including our litigation involving Mr. Musk and his affiliates; uncertainties as to the timing of the consummation of the Transaction, if at all; the ability of each party to consummate the Transaction; possible disruption related to the Transaction and publicity about the Transaction to Twitter's current plans and operations, including through the loss of customers and employees; and other risks and uncertainties detailed in the periodic reports that Twitter files with the SEC, including Twitter's Quarterly Report on Form 10-Q filed with the SEC on May 2, 2022, which may be obtained on the investor relations section of Twitter's website (https://investor.twitterinc.com). All forward-looking statements in this communication are based on information available to Twitter as of the date of this communication, and Twitter does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
Investors:
ir@twitter.com
Press:
press@twitter.com
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SOURCE Twitter, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/22/twitter-announces-second-quarter-2022-results/ | 2022-07-22T12:56:00Z |
Human remains identified by authorities as woman missing since 2015
CLEVELAND, Ohio (WOIO/Gray News) - Remains discovered last month in Ohio have been identified as a woman who had been missing since 2015, according to authorities.
Kristy Thomas was last seen alive on June 19 of that year. Her mother, Kimberly Osborne, spoke to WOIO about Thomas’s death.
“I was mad, angry, and hurt I had to tell Kristy’s son,” Osborne said. “That was the hardest part.”
On May 13, a worker found bones in a field in Slavic Village, a neighborhood located on the South and East Side of Cleveland.
The Cuyahoga County Medical Examiner’s Office compared Osborne’s DNA to the remains, confirming they belonged to Thomas on June 17.
“I knew something was wrong because she would’ve contacted her son,” Osborne said. “Everyone tried giving me that hope and I got that hope back but now it’s shot down again.”
Thomas’s family previously said she was last spotted just a few streets away from where her remains were found.
Osborne also said she didn’t know her then-25-year-old daughter was missing until she received a suspicious phone call telling her that her daughter disappeared. She said she still does not know who made that call.
“It’s a little bit of closure but it ain’t fully closure until I know what happened to my daughter, and then I can lay her to rest properly,” Osborne said.
It’s not known when or where Thomas died, or how long her body was in the location where her remains were found.
Thomas’s family also made a statement on a Facebook page created to help in the effort of bringing Thomas home:
“I can’t put into words how I feel right now but just know, this is our first step towards healing. We don’t have to wonder if she is alive or an angel. She gained her wings. We love you so much Kristy.”
The Medical Examiner’s Office has yet to determine the cause of death.
Copyright 2022 WOIO via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/22/human-remains-identified-by-authorities-woman-missing-since-2015/ | 2022-06-22T20:26:22Z |
(The Hill) — President Joe Biden on Monday was interrupted by Manuel Oliver, the father of Parkland shooting victim Joaquin Oliver, during an event at the White House held to celebrate the passage of the bipartisan gun control bill.
Oliver was eventually escorted out of the event on the White House lawn.
Biden was saying the country could make meaningful progress on gun violence when he was interrupted by Oliver, who stood to make his voice clear. The event was carried live on some cable television networks.
“Because, make no mistake—,” Biden said when he stopped to try to hear what Oliver was saying.
“Sit down, you’ll hear what I have to say, if you think—” Biden said.
Oliver appeared to be suggesting the legislation did not go far enough, but many of his comments were inaudible to the crowd.
“I’ve been trying to tell you this for years, for years,” Oliver said.
“We have one, let me finish my comment… let him talk, let him talk,” Biden said.
White House then escorted Oliver out of the event. The event was full of advocates from various gun violence prevention groups and survivors and family members of victims of mass shootings from across the country.
“Because, make no mistake about it, this legislation is real progress, but more has to be done,” Biden continued.
Oliver went on CNN earlier on Monday to criticize the use of the word celebration for Monday’s event.
“It’s been a while that I’ve been calling out that using the words celebration, getting together, it’s like we’re going to a party, to a wedding today, you know, we all received invitations. And meanwhile, you can see these mothers in Uvalde that just saw how their kids were massacred inside a school,” he said.
He argued that the bipartisan gun control bill is not enough and that there should have been tougher provisions in the legislation.
“I really wish there was more in this package of bills and I will do everything whatever I can to get more in this package of bills,” he told CNN. “This is not the beginning or the end… this is part of a process and there was no reason for this event to be called as it’s called right now. We are celebrating and getting together in the White House— there’s no space for that word.”
The gun control legislation has been criticized for not going as far as Democrats and advocates would have wanted, and Biden has been criticized for largely waiting on the sidelines for a bipartisan group of senators to finalize the bill.
The shooting at a Fourth of July parade in Highland Park, Ill., which came weeks after Biden signed this bill into law, also left Democrats and allies frustrated that the administration isn’t doing enough to help prevent the next attack.
Biden reiterated his calls for an assault weapons ban and other actions toward gun violence prevention like expanding background checks on Monday at the event.
He has called on Congress to reinstate a 2004 ban on assault weapons since the start of his administration but a ban is hardly likely to pass the Senate, where Democrats need 10 Republicans to vote with them to overcome the 60-vote threshold to advance most legislation. | https://cw33.com/news/nexstar-media-wire/parkland-shooting-victims-dad-interrupts-biden-speech-at-white-house/ | 2022-07-11T19:13:02Z |
NEW YORK , June 21, 2022 /PRNewswire/ -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Silicon Motion Technology Corp. (SIMO), relating to its proposed acquisition by MaxLinear, Inc. Under the terms of the agreement, SIMO shareholders will receive 0.388 shares of MaxLinear and $93.54 in cash per SIMO American Depositary Share they own, and 0.097 shares of MaxLinear and $23.385 in cash per SIMO ordinary share no represented by an ADS. Click here for more information: http://monteverdelaw.com/case/silicon-motion-technology-corp. It is free and there is no cost or obligation to you.
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.
If you own common stock in SIMO and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
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SOURCE Monteverde & Associates PC | https://www.mysuncoast.com/prnewswire/2022/06/22/investor-alert-mampa-class-action-firm-announces-an-investigation-silicon-motion-technology-corp-simo/ | 2022-06-22T04:39:02Z |
PALO ALTO, Calif., Aug. 6, 2022 /PRNewswire/ -- The Metaverse Commerce Network, founded by Internet pioneer Randy Adams, has taken a page from the wildly successful Yuga Labs, the creator of the Bored Apes Yacht Club™, APE Coins™ and The Otherside™ and created a similar structure for eCommerce in the Metaverse with Storefront NFTs, their MCN Coins™ and their Shopaverse™ destination shopping site.
Today they opened up a whitelist for 1,777 Shopaverse™ Early Access Pass NFTs giving owners early access to MCN's first dedicated shopping venue in the Metaverse.
Adams envisions the Shopaverse™ metaverse galaxy hosting millions of Web3 eCommerce merchants in thousands of digital twin venues around the world. The first of these venues is set to launch in early September and MCN is now signing up a whitelist for early access passes that will offer a chance to win 10,000 MCN Coins, Shopaverse's DAO voting coin and utility token.
The Genesis Edition of the MCN Storefront NFTs are also now available on for sale on OpenSea. The Storefront NFTs serve as deeds to the Shopaverse Stores and entitle the owner to commissions on sales in the stores. MCN intends to populate the Shopaverse with merchants from Shopify™ and Etsy™ by providing free migration applications to those merchants to help them extend their eCommerce into the Metaverse.
The Metaverse Commerce Network (MCN) is the brainchild of Randy Adams, serial entrepreneur, former Division President of the multi-billion-dollar retailer, Home Shopping Network and creator of the first eCommerce site on the Web, the Internet Shopping Network.
Interested parties can view MCNs' White Paper, sign up for the early access premint and follow MCN on Discord and Twitter.
Media Contact: Randy Adams, randy@mcn.gg, 650-228-3168
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SOURCE Metaverse Commerce Network | https://www.wibw.com/prnewswire/2022/08/06/metaverse-commerce-network-takes-page-yuga-labs-premiers-shopaverse/ | 2022-08-06T18:50:30Z |
NEW YORK, June 9, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Digital Turbine, Inc. ("Digital Turbine" or the "Company") (NASDAQ: APPS) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Digital Turbine investors who were adversely affected by alleged securities fraud between August 9, 2021 and May 17, 2022. Follow the link below to get more information and be contacted by a member of our team:
APPS investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) the Company's recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) as a result, revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) the Company's internal control over financial reporting as to revenue recognition was deficient; and (4) as a result of the foregoing, the Company's net revenues was overstated throughout fiscal 2022; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in Digital Turbine during the relevant time frame, you have until August 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/06/09/apps-lawsuit-alert-levi-amp-korsinsky-notifies-digital-turbine-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-09T10:34:02Z |
Miss Tennessee Volunteer pageant kicks off a week of glamour and competition
The Miss Tennessee Volunteer pageant kicked off to a glitzy and glamourous start Sunday as contestants for the inaugural competition arrived in the city for the week-long event.
After setting up camp at a Jackson hotel, the crew of 36 competitors went to the Carl Perkins Civic Center for the fan-favorite meet and greet portion of the event.
“I’m so excited to be back here in Jackson,” said Amelia Collins, Miss Tennessee Volunteer 2021. “Jackson has been my second home this past year, and I am so thankful to everyone for being so gracious to me. It’s just so wonderful to be back.”
Collins said she was most excited to reunite with all of the contestants.
Video:March For Our Lives Jackson protesters stop at Congressman David Kustoff's office
“A big part of my job was traveling to all the preliminaries, so I’m really excited to see all the girls here,” she said, smiling. “It’s going to be a great week.”
Contestants were introduced to the enthusiastic crowd at the Civic Center before lining up for autographs and photos.
“I’m definitely a people person. I love meeting new people,” said Kirsy Walsheimer, Miss Tipton County. “To have this is an experience of a lifetime, and I’m so excited to be here.”
Following formal introductions of the contestants, Miss Townsend Blackwell of Memphis was crowned Iris Tennessee Teen 2022.
Crowds of eager Jackson residents then met and chatted with contestants, before the young ladies moved on to the second portion of the day’s event, in which the Miss Tennessee Teen Volunteer was crowned.
Miss Annie Zhao of Memphis, the first Asian American titleholder in the Tennessee USA System after her 2021 win at the Miss Tennessee Teen pageant in Tunica, took the crown of the night.
The Miss Tennessee Volunteer competitions will be held on Wednesday, Thursday and Friday at 7 p.m. in the Carl Perkins Civic Center, with the final crowning competition on Saturday night at 9 p.m.
Tickets are available at www.etix.com.
Have a story to tell? Reach Angele Latham by email at alatham@gannett.com, by phone at 731-343-5212, or follow her on Twitter at @angele_latham. | https://www.jacksonsun.com/story/news/2022/06/14/miss-tennessee-volunteer-pageant-2022-jackson-tn-kicks-off-glamour-competition/7612163001/ | 2022-06-15T07:18:01Z |
Dedication Will Take Place July 6 in Simi Valley, CA
WASHINGTON, June 6, 2022 /PRNewswire/ -- Today at the White House, the U.S. Postal Service revealed the artwork of a commemorative Forever stamp to celebrate the centennial of former First Lady Nancy Reagan's birth.
The stamp design was unveiled by First Lady Jill Biden; Postmaster General Louis DeJoy; Ann Peterson, niece of Nancy Reagan; and Fred Ryan, chairman of the Ronald Reagan Presidential Foundation.
The dedication ceremony for the Nancy Reagan Forever stamp will be held July 6 — the 101st anniversary of her birth and the culmination of her centennial year. The event will take place at the Ronald Reagan Presidential Library and Museum in Simi Valley, CA.
"Through our stamp program, the Postal Service seeks to commemorate and celebrate the very best of America, and Nancy Reagan truly represents that ideal," said Postmaster General DeJoy. "The Postal Service takes great pride in our mission to bind the nation together and through the issuance of the Nancy Reagan stamp, we hope to provide the means for the public to come together in remembrance and commemoration of this great and impactful American. I, along with the 650,000 women and men of the United States Postal Service, am proud to honor First Lady Nancy Reagan with this stamp."
Petersen said of the stamp, "Nancy Reagan brought grace and honor to her role as first lady. She was fiercely loyal to her husband and her country, always placing them first. I am sure she would be humbled by this special tribute!"
Ron Reagan, son of Ronald and Nancy Reagan, who was unable to attend the event, said, "Her own stamp! I'm sure she never expected to receive an honor like this. Neither did she expect to be flying all over the country stuck to the front of envelopes. She would, of course, have reacted modestly to this wonderful commemoration. But secretly she would be very pleased. On her behalf, I thank you."
Nancy Davis Reagan (1921–2016), wife of the 40th president, was First Lady of the United States from 1981 to 1989. Her husband's most trusted adviser and champion, she was an important part of one of the most pivotal presidencies of the 20th century.
Throughout her life, Reagan held a deep passion for her country, championing many causes along the way. Chief among these were the Foster Grandparents Program; Vietnam veterans and the plight of POWs and MIAs; drug and alcohol abuse prevention among youth; breast cancer awareness; and Alzheimer's research.
As First Lady, she worked hand in hand with her husband, both at home and abroad, and advocated for issues on both the national and international stage. Reagan's partnership with her husband and devotion to his success, behind the scenes influence, and her legacy of public service made her one of the most significant first ladies in modern times.
The Nancy Reagan Forever stamp is being issued in panes of 20. News of the stamp will be shared with the hashtag #NancyReaganStamp.
Dedication Ceremony Information
Postal Products
Customers may purchase stamps and other philatelic products through the Postal Store at usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or at Post Office locations nationwide.
Forever stamps will always be equal in value to the current First-Class Mail 1-ounce price.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
Please Note: For U.S. Postal Service media resources, including broadcast-quality video and audio and photo stills, visit the USPS Newsroom. Follow us on Twitter, Instagram, Pinterest and LinkedIn. Subscribe to the USPS YouTube channel, like us on Facebook and enjoy our Postal Posts blog. For more information about the Postal Service, visit usps.com and facts.usps.com.
Contact: James McKean
(C) 202-258-6586
jim.mckean@usps.gov
usps.com/news
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SOURCE U.S. Postal Service | https://www.kxii.com/prnewswire/2022/06/06/usps-unveils-nancy-reagan-stamp/ | 2022-06-06T16:01:25Z |
Thunder Ridge student named 2022 U.S. Presidential Scholar
IDAHO FALLS, Idaho (KIFI) - U.S. Secretary of Education Miguel Cardona Wednesday announced the 58th class of U.S. Presidential Scholars, recognizing 161 high school seniors for their accomplishments in academics, the arts, and career and technical education fields.
The Idaho scholars include (hometown, scholar, school, location):
- ID – Idaho Falls – Logan N. Frey, Thunder Ridge High School, Idaho Falls, Idaho.
- ID – Boise – Katharine Elizabeth Turcke, Boise High School, Boise, Idaho.
“Our 2022 Presidential Scholars represent the best of America, and remind us that when empowered by education, there are no limits to what our young people can achieve," U.S. Secretary of Education Miguel Cardona said. "Today, I join President Biden to celebrate a class of scholars whose pursuit of knowledge, generosity of spirit, and exceptional talents bring our nation tremendous pride. Throughout one of the most trying periods in our nation’s history and amid our recovery from the pandemic, our students have once again demonstrated their strength and that they have so much to contribute to our country. Thanks to them, I know America's future is bright."
The White House Commission on Presidential Scholars selects scholars annually based on their academic success, artistic and technical excellence, essays, school evaluations and transcripts, as well as a demonstrated commitment to community service and leadership.
Of the 3.7 million students expected to graduate from high school this year, more than 5,000 candidates qualified for the 2022 awards determined by outstanding performance on the College Board SAT or ACT exams or through nominations made by chief state school officers, other partner recognition organizations and YoungArts, the National Foundation for the Advancement of Artists.
As directed by Presidential Executive Order, the 2022 U.S. Presidential Scholars are comprised of one young man and one young woman from each state, the District of Columbia and Puerto Rico, and U.S. families living abroad, as well as 15 chosen at-large, 20 scholars in the arts and 20 scholars in career and technical education.
Created in 1964, the U.S. Presidential Scholars Program has honored over 7,900 of the nation’s top-performing students. The program was expanded in 1979 to recognize students who demonstrate exceptional talent in the visual, literary and performing arts. In 2015, the program was again extended to recognize students who demonstrate ability and accomplishment in career and technical education fields.
The Presidential Scholars Class of 2022 will be recognized for their outstanding achievement this summer with an online recognition program.
A complete list of 2022 U.S. Presidential Scholars is available HERE. | https://localnews8.com/news/education/2022/05/12/thunder-ridge-student-named-2022-u-s-presidential-scholar/ | 2022-05-12T11:59:10Z |
DALLAS (AP) — Muhammad Ali’s championship belt from his 1974 “Rumble in the Jungle” heavyweight title fight was sold at auction on Sunday for $6.18 million.
The winner of the heated competition for the belt was Indianapolis Colts owner Jim Irsay, according to Heritage Auctions in Dallas.
In a tweet Sunday, Irsay confirmed he acquired the belt for his collection of rock music, American history and pop culture memorabilia that is currently touring the country.
The belt will be displayed on Aug. 2 at Chicago’s Navy Pier and on Sept. 9 in Indianapolis.
“Proud to be the steward!” Irsay tweeted.
“After several hours of watching two bidders go back and forth over this belt, this proved to be a battle worthy of the Rumble itself,” Chris Ivy, Heritage’s director of sports auctions, said in a statement.
The 1974 fight was one of boxing’s most memorable moments. Ali stopped the fearsome George Foreman to recapture the heavyweight title in the African nation of Zaire. Ali won the fight in a knockout in the eighth round. | https://cw33.com/news/nexstar-media-wire/muhammad-alis-rumble-in-the-jungle-belt-sells-for-6-1m/ | 2022-07-25T01:16:15Z |
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- RoboKiller Enterprise, a suite of FCC-compliant phone spam solutions to protect a business's reputation and put an end to robocalls on their business lines, today released the findings from its Mid-Year Telecom Phone Spam Threat Report. The report details the wide-ranging impact of phone spam on businesses, noting that robocalls and robotexts are projected to skyrocket by 19% and 68%, respectively, from 2021.
Spam calls and texts impact businesses, too.
Robocalls and robotexts are a well-known concern for Americans, broadly speaking, and now they've become a significant concern for businesses that rely on phone calls to generate revenue. That's largely because companies don't have the luxury of ignoring these risky calls and messages — they could be leads or other can't-miss communications. Scammers know this, and they're increasingly targeting enterprises as a result. With spam calls and spam texts on pace to shatter single-year records, businesses are feeling the impact on their bottom line.
One particular concern is brand imposter scams — scams in which scammers pretend to be well-known companies in an effort to defraud customers. According to a survey of RoboKiller users highlighted in the report, more than two-thirds of respondents had received a brand imposter scam call, and more than 80% had received a brand imposter scam text at some point. In turn, 20% (by call) and 14% (by text) of respondents made a purchase, and approximately half of respondents lost trust in the defrauded brand.
RoboKiller Enterprise protects businesses against these threats by providing them with industry-leading robocall and robotext protection and unique data insights to help protect their networks. The RoboKiller Enterprise team took a deep dive into spam calls and robotexts on carrier networks in the first half of 2022. Here are some additional insights for the Mid-Year Telecom Phone Spam Threat Report.
- Spoofed spam calls remain unchanged: Spoofed spam calls continue to remain a problem for businesses. STIR/SHAKEN was formally implemented in June 2021 by large phone carriers, and it had yet to make an impact one year later. However, most recently, smaller carriers implemented the framework, which means we could start to see better results from STIR/SHAKEN.
- Scammers target specific phone carriers: Verizon, AT&T, and T-Mobile were among the top carrier networks scammers spammed. But, on a percentage basis, smaller carriers like Cricket, Xfinity Mobile, and Visible led the way. This is likely because large networks have a strong defense against scam calls, whereas smaller networks may be more vulnerable. No matter what carrier Americans use, their phone number will likely be a target for bad actors.
- At the corporate level, provide employees with a company-sponsored SIM and/or a phone with a different number for business use only.
- Provide a company-wide phone spam solution such as RoboKiller For Teams.
- Work with voice service/telecom providers to block unwanted calls at the network level. RoboKiller Enterprise's Blockade solution provides businesses using popular CPaaS systems for their telephony services with comprehensive, full-scale spam call protection built on RoboKiller's robust and ever-expanding scammer database.
Looking to comply with STIR/SHAKEN and institute a robocall mitigation plan to keep your network spam-free? Visit our website or speak to a member of our sales team at bizdev@teltech.co.
To download the full report for free, follow the link below:
Mid-Year Telecom Phone Spam Threat Report
About RoboKiller Enterprise
Created by Teltech, the minds behind the award-winning RoboKiller app, RoboKiller Enterprise is a suite of FCC-compliant robocall mitigation solutions designed to keep businesses spam-free. Using AI, machine learning, real-time decision-making, and other advanced technologies, your business is protected from potentially dangerous spam calls from day one. To learn more about RoboKiller Enterprise, visit robokiller.com/enterprise.
RoboKiller Enterprise, a Teltech brand, is a division of Mosaic Group, an IAC Company (NASDAQ: IAC).
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SOURCE RoboKiller Enterprise | https://www.wibw.com/prnewswire/2022/09/08/robokiller-enterprise-releases-2022-mid-year-telecom-phone-spam-threat-report/ | 2022-09-08T15:43:15Z |
TUCSON, Ariz. , June 9, 2022 /PRNewswire/ -- In a letter to Sen. Charles Schumer and Sen. Mitch McConnell, the Association of American Physicians and Surgeons (AAPS), along with numerous other organizations, opposes the 95 percent tax on prescription medicines contained in H.R. 5376, the "Build Back Better Act."
A tax this large would nearly double the price of any prescription drug subject to it, the letter points out. This tax would be imposed on millions of Americans making far less than $400,000 per year—the very people President Biden promised not to raise taxes on.
The alternative to the tax is manufacturers' agreement to government price controls. Throughout recorded history, price controls have always led to scarcity and rationing, the letter states. Ultimately, they mean that the government will decide who is qualified to receive the product. Additionally, funds for research and development of new products will dry up.
AAPS promotes transparency in pricing as the tool to lowering costs through choice. Medical costs are as "clear as peanut butter," writes AAPS past president Marilyn Singleton, M.D., J.D. One especially important obscure area is "rebates" to pharmacy benefits managers (PBMs). AAPS opposes legislation on drug pricing that does not address this source of a huge cost to consumers.
The Association of American Physicians and Surgeons (AAPS) is a national organization representing physicians in all specialties since 1943. Its motto is omnia pro aegroto (everything for the patient).
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SOURCE Association of American Physicians and Surgeons (AAPS) | https://www.kxii.com/prnewswire/2022/06/09/association-american-physicians-surgeons-aaps-opposes-95-percent-tax-prescription-drugs/ | 2022-06-09T20:03:11Z |
Spain: 2021 spyware attack targeted prime minister’s phone
By ARITZ PARRA
Associated Press
MADRID (AP) — Spanish officials says the cellphones of the prime minister and the defense minister were infected last year with Pegasus spyware that is only available to government agencies, in an operation that was not authorised by the government. A government minister said Monday that Prime Minister Pedro Sánchez’s phone was breached twice in May 2021 and Defense Minister Margarita Robles’ device was targeted once the following month. Presidency Minister Félix Bolaños said in a hastily convened news conference that the breaches resulted in a significant amount of data being obtained. Reports detailing the breaches have been transferred to Spain’s National Court for further investigation. | https://localnews8.com/news/ap-national-business/2022/05/02/spain-2021-spyware-attack-targeted-prime-ministers-phone/ | 2022-05-02T11:07:48Z |
James K. Landau, Douglas S. Trokie and David C. Holland Join Prince Lobel to Expand the Firm's Cannabis Practice into New York
NEW YORK, May 17, 2022 /PRNewswire/ -- Prince Lobel, a cannabis industry leader in the legal profession, today announced that it will expand its offices to New York City and White Plains, tapping New York's most sought-after cannabis lawyers: James K. Landau, Douglas S. Trokie, and David C. Holland.
A trailblazer in the cannabis industry, Prince Lobel has served the legal needs of its cannabis industry clients since 2014. Clients have utilized Prince Lobel's multi-disciplinary cannabis team for a wide range of legal needs, including securing sites and entitlements, providing legal support services for day-to-day corporate operations, and M&A services to marijuana dispensary entrepreneurs, cultivators, manufacturers, management companies, and investors. With New York poised to become the largest cannabis market in the country, the addition of Landau, Trokie and Holland will provide New York cannabis clients the ability to leverage the firm's vast experience alongside the trio's expansive knowledge of local, state, and federal laws, and years of experience in litigation, zoning and corporate law.
"Jim, Doug and Dave are the perfect fit for Prince Lobel, and we are excited to have them join our team," said Prince Lobel's Managing Partner, Craig Tateronis. "They are zealous advocates, leaders in their communities and client service driven. Their addition will greatly benefit our clients, and we feel fortunate to have attorneys with their knowledge, skill and experience leading our New York team."
About Prince Lobel's New York-based team:
James K. Landau: Landau represents clients in litigation matters before Federal, New York State and Local courts and other tribunals, including arbitration and mediation before the American Arbitration Association. Landau's practice also focuses on providing day-to-day business counseling to clients within various industries, including the cannabis industry. Landau is Chair of the Ethics Committee of the New York State Bar Association, Cannabis Law Section. He is also a Founder and immediate Past Co-Chair of the Westchester County Bar Association's Cannabis Law Committee, and he is a Director and Chairs the Joint Regulatory Committee of the New York and Hudson Valley Cannabis Industry Associations. Landau is the immediate past President of the White Plains Bar Association and was just elected as Vice President of the Westchester County Bar Association. He is a frequent speaker on Cannabis law, including ethics, licensing and banking. Landau has been recognized as a New York Metro Super Lawyer® in the area of Commercial Litigation every year since 2012. In addition, Landau has received a peer review rating of AV ® Preeminent on Martindale-Hubbell®.
"I am very excited to be joining a firm that shares my passion for the cannabis industry and commitment to client service," said Landau. "I look forward to working with my colleagues, Doug and Dave, to build a thriving presence for Prince Lobel in New York."
Douglas S. Trokie: Trokie has been representing individuals and companies of all sizes for over 30 years in a broad range of commercial, corporate, and real estate transactions in the New York metropolitan area and Connecticut. His clients include U.S. and international corporations, limited liability companies, partnerships and individuals involved in numerous fields, including cannabis, executive search and staffing services, advertising, banking, accounting, real estate and both wholesale and retail sales. Trokie is a member of the Cannabis Law Committee of the Westchester County Bar Association and the Regulatory Committee of the Hudson Valley Cannabis Industry Association. Trokie speaks on topics relating to cannabis law and most recently participated in a panel of the Westchester Multi-Cultural Chamber, speaking on the ABCs of starting and operating a business for new entrepreneurs. He has also been recognized as a New York Metro Super Lawyer® in the fields of business and corporate law every year since 2015 and is admitted to practice in New York and Connecticut.
"We are excited to join Prince Lobel during this pivotal moment in the cannabis industry," said Trokie. "We look forward to successfully navigating the legal aspects of this rapidly changing market."
David C. Holland: Holland is a seasoned litigator and highly sought-after consultant for start-up and established brands, businesses, nonprofits and investors within the legal cannabis space and a fierce advocate for individuals who have faced draconian persecution for the use or possession of cannabis. From contract drafting to representing companies before professional licensing boards, legal compliance reviews, securing permits and leading negotiations with local and state municipalities for large-scale cannabis events, Holland is experienced in all aspects of cannabis business consultation and serves as an integral member of corporate teams. Outside of his legal practice, he is at the forefront of the legalized cannabis movement and clemency advocacy. Holland currently serves as the Executive and Legal Director of Empire State NORML, President of the NYC Cannabis Industry Association, Vice President of the Hudson Valley Cannabis Industry Association and Legal Advisor for the Last Prisoner Project. He was named a 2022 New York Metro Super Lawyer in Cannabis and Top 100 Lawyers 2021 Attorney of the Year.
"I am honored to be joining Prince Lobel to expand their growing cannabis practice in New York," said Holland. "I am thrilled to provide legal counsel to entering and existing operators and advocate for individuals who have faced wrongful prosecution for the use or possession of cannabis. I look forward to working closely with my colleagues and old friends, Doug and Jim, as we navigate the ever-changing and dynamic New York market."
Previously, Landau and Trokie were partners at McCarthy Fingar LLP in White Plains, New York. Holland was Principal of The Law Offices of David Clifford Holland P.C.
About Prince Lobel:
Prince Lobel has a demonstrated record of delivering successful outcomes for its clients. Prince Lobel attorneys handle matters of local, regional, national, and international reach, pairing the highest level of legal experience and skill with superior client responsiveness. The firm's bold thinking extends to the many commitments its attorneys make to their communities and the firm's founding principles of diversity and inclusion by creating a diverse, dynamic, supportive, and collaborative place to work for all team members.
Contact: Gillian Linden
gillian@rosengrouppr.com, 703.402.6507
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SOURCE Prince Lobel | https://www.kxii.com/prnewswire/2022/05/17/three-powerhouse-new-york-cannabis-lawyers-form-cannabis-practice-marking-expansion-prince-lobel-into-new-york/ | 2022-05-17T14:57:54Z |
Latest Addition to Senior Executive Leadership Team, Susan Hennike, to Champion Carhartt's Brand Mission, Values and Heritage
DEARBORN, Mich., Aug. 15, 2022 /PRNewswire/ -- Carhartt, America's family-owned workwear brand since 1889, today announced the appointment of Susan Hennike as the company's new chief brand officer. Hennike brings more than 20 years of experience in global product marketing to Carhartt, throughout which she developed an excellent track record of growing some of the world's most well-known apparel brands. She will report to Linda Hubbard, Carhartt's president and chief operating officer.
As CBO, Hennike will lead the strategic development of multi-year brand strategies that position the company for sustained growth and profitability across matrixed business units. She will oversee and collaborate with Product, Brand and Strategy (PBS) – a team of nearly 200 associates across creative, marketing, product, and R&D, among other workstreams. Her vision for global brand building will help shape an inspiring experience for consumers and associates, while identifying new opportunities to advance the brand and preserve its heritage.
"Susan has an incredible reputation of growing emerging and established apparel brands across diverse audiences and reaching consumers creatively and authentically," said Hubbard. "Her vision will help shape Carhartt's future, improve the experience for all hardworking people and find new ways to reach those who have yet to experience Carhartt."
Hennike joins Carhartt from Bombas where she led the next evolution of the apparel brand's multi-category strategy and vision as chief product officer. Prior to that, she spent 12 years at HANESBRANDS, where she emerged as president of Champion North America. During her tenure at Champion, she led the athletic brand to double digit-growth, oversaw the development of its direct-to-consumer platform and drove all creative content and storytelling for the brand. She has worked with many other notable apparel brands throughout her career, including Victoria's Secret, Nike and Adidas International. Hennike earned a Bachelor of Arts degree from Miami University in Ohio.
About Carhartt, Inc.
Established in 1889, Carhartt is a global premium workwear brand with a rich heritage of developing rugged products for workers on and off the job. Headquartered in Dearborn, Michigan, with approximately 5,400 employees worldwide, Carhartt is family-owned and managed by the descendants of the company's founder, Hamilton Carhartt. For more information, visit www.carhartt.com.
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SOURCE Carhartt | https://www.wibw.com/prnewswire/2022/08/15/carhartt-appoints-new-chief-brand-officer/ | 2022-08-15T14:17:38Z |
Research details assessment and selection of AAV regulatory cassettes that drive optimal expression of Company's novel engineered ligand-gated ion channel for the treatment of focal epilepsy
Findings inform selection process of final development candidate
SOUTH SAN FRANCISCO, Calif., May 5, 2022 /PRNewswire/ -- CODA Biotherapeutics, Inc. ("CODA"), a preclinical-stage biopharmaceutical company developing a gene therapy-mediated chemogenetic platform to treat intractable neurological disorders, today announced that preclinical data from the Company's focal epilepsy program will be featured as a poster presentation at the American Society of Gene & Cell Therapy 25th Annual Meeting being held virtually and in person, May 16-19, 2022, in Washington, D.C.
CODA's approach to treat focal epilepsy is adeno associated virus (AAV)-mediated delivery of a novel engineered ligand-gated ion channel (LGIC) that can subsequently respond to an exogenous ligand. Oral administration of this small molecule ligand, which is designed to only interact with CODA's chimeric LGIC, can be finely tuned to control the aberrant activity of neurons and suppress seizures without adverse effects. To create an effective gene delivery approach for focal epilepsy, the Company generated a series of AAV expression cassettes that could drive optimal expression of its LGIC in target cells of the hippocampus.
Michael Narachi, president and CEO of CODA, said, "Focal epilepsy is a chronic, debilitating neurologic disorder that is characterized by unpredictable seizures initiated from a specific location in the brain and affects millions of people around the world. Recurrent seizures can result in cognitive and emotional deficits, with current interventions offering limited efficacy and multiple side effects. This research details the analysis and selection process of AAV regulatory cassettes that should drive optimal expression of our LGIC for the treatment of focal epilepsy. We look forward to advancing our assessment of these two selected cassettes in epilepsy models to inform the final decision of our development candidate in focal epilepsy."
Title: Assessment of AAV Regulatory Cassettes with Optimal Hippocampal Neuron Expression for the Treatment of Focal Epilepsy
Date: May 16, 2022 5:30-6:30 PM ET
Session: Neurological Diseases I
Poster Board Number: M-158
Abstract Number: 277
Location: Hall D, Walter E. Washington Convention Center
Presenter: Edward Yeh
The first round of selection was performed in vitro with 23 unique expression cassettes containing various combinations of regulatory elements including, enhancer, promoter, intron, 5' untranslated region, 3' untranslated region, and polyA tail. Plasmids with inverted terminal repeats (ITRs) flanking the regulatory cassettes driving LGIC expression were transfected in SKNAS neuroblastoma cells, as well as HeLa cells to determine which cassettes were able to target the cells more efficiently and provide high levels of LGIC expression. Analysis by Droplet Digital PCR (ddPCR) and ELISA showed varying levels of expression, with the highest observed in cassettes containing the cytomegalovirus (CMV) promoter followed by those with various tissue-specific promoters. For the second round of selection, nine expression cassettes chosen from the first round were packaged into AAV9 vectors and transduced in neonatal rat hippocampal mixed cultures. Analysis by ddPCR revealed high levels of LGIC mRNA expression from CaMKII- and Syn-driven cassettes, which were comparable to the strong, ubiquitous CAG promoter. CaMKII and Syn are both excitatory neuron-specific promoters.
Finally, the highest expressing cassettes from round two were assessed in vivo in male Sprague Dawley rat hippocampi by AAV9-mediated directed injection. mRNA analysis using ddPCR and immunofluorescence for cellular tropism demonstrated high levels of expression from human versions of the Syn- and CaMKII-driven cassettes. Further assessment of the two selected cassettes, one driven by the pan-neuronal hSyn promoter and the other by CaMKII promoter, will be performed in an animal model of focal epilepsy to finalize the development candidate.
Abstracts can be accessed via the conference website at annualmeeting.asgct.org
First Applications of the CODA Platform: Focal Epilepsy and Chronic Neuropathic Pain
Epilepsy is one of the most common chronic neurological diseases and, according to the Centers for Disease Control, affects more than 65 million people around the world of which 3.4 million are in the U.S. Epilepsy is characterized by unpredictable seizures and the term "focal" epilepsy is used to describe seizures that initiate from a specific location in the brain, typically in one hemisphere. Focal epilepsy represents approximately 60 percent of all epilepsy (National Institute of Neurological Disorders and Strokes). According to the World Health Organization, recurrent seizures disrupt normal brain functions, lead to neuronal loss, and result in cognitive and emotional deficits. Patients suffer from stigmatization, social isolation, combined with disability, educational underachievement, and poor employment outcomes. The Epilepsy Foundation estimates that one-third of people with epilepsy live with uncontrollable seizures because no available treatments are effective.
According to a study published in the Journal of Pain Research, 10 percent of the U.S. population suffers from neuropathic pain – an estimated 30 million Americans. Neuropathic pain is caused by damage or disease of the sensory system, leading to chronic debilitation and loss of quality of life. Current pharmacological therapies for chronic neuropathic pain, such as opioids, anticonvulsants, and tricyclic anti-depressants, are not always effective and can have side effects, including the potential for addiction.
About the CODA Platform
CODA Biotherapeutics is developing a paradigm-shifting gene therapy approach by deploying a chemogenetic strategy for treating neurological disorders. The Company's innovative treatment aims to modulate specific neuronal circuits via adeno-associated virus (AAV)-mediated delivery of an engineered, inhibitory receptor by standard-of-care neurosurgical procedures. The receptor is designed to be quiescent in the transduced cells but will specifically and dose-dependently inhibit neurons when exposed to a novel, orally bioavailable small-molecule agonist. CODA expects this treatment will produce substantially improved and durable results while potentially avoiding off-target/adverse effects of currently available treatments.
About CODA Biotherapeutics
CODA Biotherapeutics, Inc., is a preclinical-stage biopharmaceutical company developing an innovative gene therapy platform to treat intractable neurological disorders, with an initial focus on epilepsy, movement disorders, and neuropathic pain. The Company is creating the ability to control neurons with its revolutionary chemogenetics-based technology. CODA is located in South San Francisco, CA. For more information, please visit www.codabiotherapeutics.com.
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NEW YORK, April 19, 2022 /PRNewswire/ -- Running a successful DSO in the New York City market takes innovation, empathy, and a growth mindset. That's why National Dental has recently tapped Candid as a new clear aligner partner. With Candid's convenient and affordable clear aligner system, National Dental aims to boost case starts and expand their orthodontic capabilities while helping their team streamline their workflows.
National Dental's offices are known for providing comprehensive dental care—including the latest in orthodontic treatments—to the patients they serve. Since 2016, National Dental has garnered a reputation for clinical excellence among patients and a deep dedication to their team. Under Dr. Nitin Doshi's guidance, National Dental has expanded throughout the New York Metro area.
For Candid, aligning with DSOs like National Dental is key to expanding their footprint in major markets.
"We're seeing a lot of interest from DSOs that want a more efficient way to provide orthodontic treatment to their patients," says Candid's Senior Vice President of Sales, Brian Ganey. "We're looking forward to helping National Dental leverage our clear aligner system to drive business growth while transforming their patients' smiles."
For Dr. Doshi, partnering with Candid will help National Dental stand out from the competition and help its practices scale their orthodontic capabilities with minimal impacts to in-office scheduling.
"Our team is excited to offer Candid clear aligners because the treatment process is so convenient for our practices and patients alike," says Dr. Doshi. "By minimizing in-person appointments and engaging patients in their treatment with CandidApp™, our practices will be better equipped to meet the growing demand for clear aligners without eating up the chair time required to carry out other therapies our patients need."
Candid's clear aligner system reduces the need for routine in-person aligner checks by tracking every patient's progress virtually with CandidMonitoring™. Using this system, patients share photos of their teeth with their dentist every 14 days to ensure treatment is on schedule.
"We think Candid will help our practices cement themselves as clear aligner leaders in our market," says Dr. Doshi. "With Candid's streamlined clear aligner workflow, we estimate that our monthly case starts will increase by at least 50% while maintaining current staffing levels and keeping chair time free for other revenue-generating procedures."
About Candid
Candid is a clear aligner orthodontic system that makes treatment accessible and affordable for doctors and patients. Since 2020, Candid has brought high-quality clear aligners and patient support to dental practices and dental service organizations across the United States via CandidPro. Learn more at candidco.com.
About National Dental
Founded in 2016, National Dental is a New York-based DSO known for its high standard of care across all locations. Under the leadership of Dr. Nitin Doshi, National Dental strives to bring the latest in dental technology to its patients and is committed to growth, innovation, and education. Learn more at lovenationaldental.com.
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SOURCE Candid | https://www.wibw.com/prnewswire/2022/04/19/candid-national-dental-expand-access-affordable-clear-aligner-therapy-nyc/ | 2022-04-19T16:49:31Z |
NEW YORK, May 23, 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.
https://www.wongesq.com/pslra-1/aurinia-pharmaceuticals-inc-loss-submission-form?prid=27508&wire=4
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.mysuncoast.com/prnewswire/2022/05/23/class-action-alert-law-offices-vincent-wong-remind-aurinia-pharmaceuticals-inc-investors-lead-plaintiff-deadline-june-14-2022/ | 2022-05-23T10:49:52Z |
Democrats, Republicans fight to a redistricting Republicans
After nearly a year of partisan battles, number-crunching and lawsuits, the once-a-decade congressional redistricting cycle is ending in a draw.
That leaves Republicans positioned to win control of the House of Representatives even if they come up just short of winning a majority of the national vote. That frustrates Democrats, who hoped to shift the dynamic so their success with the popular vote would better be reflected by political power in Washington. Some Republicans, meanwhile, hoped to cement an even larger advantage this time.
But both parties ultimately fought each other to a standstill. The new congressional maps have a total of 226 House districts won by Biden in the last presidential election and 209 won by Trump — only one more Biden district than in 2020. Likewise, the typical congressional district voted for Biden by about 2 percentage points, also almost identical to 2020.
“It’s almost perfect stasis,” said Nicholas Stephanopoulos, a Harvard law professor who follows congressional redistricting. “If you compare the maps we had in 2020 to the maps we’re going to have in 2022, they’re almost identical” in terms of partisan advantage, he added.
The specific lines of congressional districts have, of course, changed, as some states added new ones — or lost old ones — to match population shifts recorded by the U.S. Census Bureau in 2020.
Redistricting is the once-a-decade adjustment of legislative lines to match the Census’ findings. It is typically an extraordinarily partisan process, with each major party trying to scoop up enough of its voters to guarantee wins in the largest number of districts. This cycle was no different, but the end result is virtually no change to the overall partisan orientation of the congressional map.
That leaves the map tilted slightly to the right of the national electorate, since Biden won the presidency by more than 4 percentage points. In a typical year, Democrats would have to win the national popular vote by about 2 percentage points to win a House majority, while the GOP could capture it, theoretically, with just under 50%.
Republicans pointed to that as a victory.
“If we’re fighting to a draw on a map that everyone agrees is good for Republicans, that’s good for Republicans,” said Adam Kincaid, executive director of the National Republican Redistricting Trust, which coordinates redistricting for the party.
Democrats noted that’s still a far better place than where they were after the last round of redistricting in 2011, fresh off a GOP sweep of statehouses that allowed them to draw a far more slanted series of congressional maps.
“We are in a stronger position than in 2020 and in a way stronger position than in 2012,” said Kelly Ward Burton, executive director of the National Democratic Redistricting Committee.
The assessment became possible this week, after New Hampshire became the final state to adopt a congressional map on Tuesday. On Thursday, Florida’s Supreme Court ruled it wouldn’t consider a Democratic challenge to a map pushed by Republican Gov. Ron DeSantis before the November election, ending the last significant legal uncertainty over the maps this year.
The odds are the national map will improve for the GOP after November, however.
If Republicans do well in the election — as is widely expected — they could capture seats on state supreme courts in North Carolina or Ohio that’d allow them to redraw more slanted maps previous courts rejected. Similarly, if the GOP seizes power in some other state legislatures or governor’s mansions, the party could redraw new maps in those states in 2023 that would be implemented for the coming decade.
And the U.S. Supreme Court’s conservative majority has indicated it will reconsider some of the guidelines that govern legislative line-drawing nationally next year, which could open the door to even further Republican gains.
It’s a reversal from earlier this year, when Democrats were poised to lessen the partisan bias of the congressional map, at least in 2022.
But the centerpiece of that effort — an intensely pro-Democratic map in New York state — was ruled an illegal partisan gerrymander by the state’s Democrat-appointed top court, and the court’s redrawn map favored the party less. A similarly pro-Democratic map in Maryland was replaced by a more equitable map. But Florida’s strongly pro-GOP map, which DeSantis pushed the Republican-controlled legislature into adopting, was not overturned by its majority-GOP-appointed high court, bringing the national partisan pendulum back to the center.
Democrats were already fighting on an uneven playing field during this round of redistricting. They only controlled the drawing of maps in states representing 75 House districts, while Republicans held the pen in ones with 187 districts. That’s partly because of GOP statehouse gains in 2010 lingering, partly because many Democratic-controlled states like California, Colorado and New Jersey ceded their power to draw lines to independent commissions to take partisan politics out of redistricting.
The Democratic Party has embraced that approach nationally, pushing for it in all 50 states as part of its voting overhaul that floundered in the Senate earlier this year amid unanimous GOP opposition. But some members of the party have questioned whether it amounts to unilateral disarmament in the partisan cage match of redistricting.
After this cycle, Stephanopoulos said, there’s no longer much debate. “If all the blue states reform and all the red states run wild, that’s not a good outcome,” he said.
Though the map’s partisan lean didn’t change, the number of competitive House seats diminished. That’s partly because Republicans, who maximized their gains in the post-2010 redistricting cycle, focused on packing as many GOP voters as possible into the districts of some of their incumbents who had tough re-election campaigns.
The number of House seats decided by a 10-point margin or less dropped from 89 to 76, largely by the GOP changing 14 of its competitive seats into safe ones, Kincaid said.
Advocates of sweeping changes in redistricting warn the loss of competition is dangerous for democracy.
“Partisan balance is one thing, but it’s much more important to think about how gridlock and extremism is driven by the fact that the only competition is in primaries,” said Joshua Graham Lynn, founder of the group RepresentUS, which pushes for changes in redistricting.
Currently, 10 states have independent commissions that draw lines for congressional districts. Some reformers fear there are few places left to push new ones, because it can almost only be done through ballot measures rather than asking legislators to write laws to give up their own power. Only Ohio and Florida, two states that already have voter-backed prohibitions against partisan redistricting, remain as possible targets for ballot measures to create new commissions.
But Stephanopoulos noted that redistricting changes are now a durable part of the Democratic Party’s agenda after their sweeping voting overhaul bill died during a Republican filibuster in the Senate. He compared it to former President Bill Clinton’s botched effort to implement national health care reform in 1992, which lit the fire for Democratic activists to pass the Affordable Care Act once they again had control of congress and the presidency under President Barack Obama.
“At some point, Democrats will have partisan control again,” Stephanopoulos said. “It may be 2025, or 2035. Until then, we’re going to have more incremental change.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/03/democrats-republicans-fight-redistricting-republicans/ | 2022-06-03T06:39:18Z |
HOUSTON, Aug. 2, 2022 /PRNewswire/ -- BMC, a global leader in software solutions for the Autonomous Digital Enterprise, will host a private conference call to discuss its Q1 FY2023 business with registered holders of the Company's 7.125% Senior First Lien Notes due 2025, 6.500% Senior First Lien Notes due 2025, 9.125% Senior Second Lien Notes due 2026 and 8.375% Senior Notes due 2026, as well as certain other prospective and eligible investors. Interested parties may obtain further details from their Venue account.
BMC works with 86% of the Forbes Global 50 and customers and partners around the world to create their future. With our history of innovation, industry-leading automation, operations, and service management solutions, combined with unmatched flexibility, we help organizations free up time and space to become an Autonomous Digital Enterprise that conquers the opportunities ahead.
BMC, BMC Software, the BMC logo, and other BMC marks are the exclusive properties of BMC Software, Inc. and are registered or may be registered with the U.S. Patent and Trademark Office or in other countries.
©Copyright 2022 BMC Software, Inc.
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SOURCE BMC Software, Inc. | https://www.wibw.com/prnewswire/2022/08/02/bmc-hosts-private-briefing-eligible-investors/ | 2022-08-02T13:50:42Z |
CHICAGO, July 26, 2022 /PRNewswire/ -- AACC is pleased to announce the winners of its 2022 Top Corporate Supporter Awards. This year, AACC recognizes 35 different companies and organizations that generously support the association through advertising, sponsorships, and exhibiting. These significant contributions make it possible for AACC to further its mission of better health through laboratory medicine.
The AACC 2022 Corporate Supporter Award recipients are as follows:
Abbott
Thermo Fisher Scientific
Siemens Healthineers
Beckman Coulter, Inc.
Roche Diagnostics Corporation
bioMérieux Inc. (BioFire)
Werfen
Sight Diagnostics
Sysmex America, Inc.
Randox Laboratories
Bio-Rad Laboratories
HORIBA Medical
Seegene, Inc.
Nova Biomedical Corporation
DiaSorin
Diagnostica Stago, Inc.
Quidel Corporation
EUROIMMUN US
Diazyme Laboratories, Inc.
Sebia
SARSTEDT
Orchard Software Corporation
Binding Site
IDS Co, LTD
Hamilton Company
KRONUS, Inc.
LumiraDx
Hologic, Inc.
Sekisui Diagnostics LLC
BD Integrated Diagnostic Systems
Quest Diagnostics
Hycor Biomedical
Fapon Biotech Inc.
T2 Biosystems
MilliporeSigma
AACC Supporter of the Year
Abbott
Clinical Laboratory News Print Advertiser of the Year
Sight Diagnostics
AACC Digital Advertiser of the Year
Thermo Fisher Scientific
Patron Benefactor
Siemens Healthineers
"We at AACC are delighted to show our gratitude toward these companies," said AACC CEO Mark J. Golden. "It is because of their support that we are able to provide laboratory medicine professionals with the resources they need to adapt to the evolving healthcare landscape. Congratulations to this year's winners, and our sincerest thanks for enabling AACC to accomplish its goals."
AACC's 35 top corporate supporters were recognized during the 2022 AACC Annual Scientific Meeting & Clinical Lab Expo at an invitation-only Corporate Recognition Reception on Monday, July 25 in Chicago. At the reception, AACC President Dr. Stephen R. Master and AACC CEO Mark J. Golden honored the association's top supporters. Today, members of the AACC Board of Directors will personally visit all 35 organizations at their booths to deliver the awards.
About the 2022 AACC Annual Scientific Meeting & Clinical Lab Expo
The AACC Annual Scientific Meeting offers 5 days packed with opportunities to learn about exciting science from July 24-28. Plenary sessions will explore artificial intelligence-based clinical prediction models, advances in multiplex technologies, human brain organogenesis, building trust between the public and healthcare experts, and direct mass spectrometry techniques.
At the AACC Clinical Lab Expo, more than 750 exhibitors will fill the show floor of the McCormick Place Convention Center in Chicago with displays of the latest diagnostic technology, including but not limited to COVID-19 testing, artificial intelligence, mobile health, molecular diagnostics, mass spectrometry, point-of-care, and automation.
About AACC
Dedicated to achieving better health through laboratory medicine, AACC brings together more than 70,000 clinical laboratory professionals, physicians, research scientists, and business leaders from around the world focused on clinical chemistry, molecular diagnostics, mass spectrometry, translational medicine, lab management, and other areas of progressing laboratory science. Since 1948, AACC has worked to advance the common interests of the field, providing programs that advance scientific collaboration, knowledge, expertise, and innovation. For more information, visit www.aacc.org.
Christine DeLong
AACC
Senior Manager, Communications & PR
(p) 202.835.8722
cdelong@aacc.org
Molly Polen
AACC
Senior Director, Communications & PR
(p) 202.420.7612
(c) 703.598.0472
mpolen@aacc.org
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Germ-harboring spots include seatbelts on planes and elevator buttons and TV remotes in hotels
PARSIPPANY, N.J., May 26, 2022 /PRNewswire/ -- Reckitt's Lysol Pro Solutions, a science-led, business-to-business offering, has revealed the most contaminated surfaces on planes and in hotels ahead of what is expected to be the busiest summer travel season since 2019.
While many of us would expect surfaces such as toilet handles and bathroom doors to harbor germs, Lysol Pro Solutions' analysis found a number of hidden dangers such as TV remotes in hotel rooms, elevator buttons and luggage carts in hotel common areas, and plane seatbelt buckles.1
Lysol Pro Solutions' team of scientists used a method known as ATP (adenosine triphosphate) analysis to measure contamination levels on surfaces in 10 planes, 1 airport and 15 hotels across the US. ATP analysis uses swab tests that provide a rapid measurement of germs on surfaces – in other words, how effectively they have been cleaned and disinfected. The results found the following top three germiest hotspots in each environment:
By understanding where to focus cleaning and disinfection measures, hotel owners and airlines can develop a targeted hygiene program that helps provide protection for customers and staff. Lysol Pro Solutions' science-led approach takes into account what different surfaces are made of, what the different combinations of interactions between customers and staff look like, and what disinfection products can be used for each surface. Its approach also empowers consumers to engage in the hygiene experience by equipping them with the products and education to help protect themselves and those around them.
Dr. Lisa Ackerley, Director, Medical and Scientific Engagement, Hygiene, at Reckitt's Lysol Pro Solutions, comments: "In this era of heightened germ awareness, activities such as using public transport and staying in a hotel still concern many Americans. It's critical that businesses in these sectors understand how germs spread in hotels and planes, and take the necessary steps to make people feel confident as they return to travelling this summer. This should include a combination of facility-led hygiene protocols that are targeted on the right hotspots at the right time, and equipping customers and staff with the products and education to help protect themselves and other travelers around them."
ABOUT LYSOL® PRO SOLUTIONS
Reckitt's Lysol Pro Solutions harnesses the power of Lysol to help protect businesses and public spaces from the spread of germs. In today's world, consumers have increased hygiene expectations which makes germ-protection more critical than ever. The comprehensive approach from Lysol Pro Solutions incorporates science-backed protocols and training, EPA-approved Lysol products and Lysol branded marketing materials and signage. Lysol Pro Solutions empowers businesses to demonstrate to their staff and customers a commitment to providing a trusted standard for protection.
ABOUT RECKITT
Reckitt* is driven by its purpose to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We fight to make access to the highest-quality hygiene, wellness and nourishment a right, not a privilege, for everyone. Reckitt is proud to have a stable of trusted household brands found in households in more than 190 countries. These include Enfamil, Nutramigen, Nurofen, Strepsils, Gaviscon, Mucinex, Durex, Scholl, Clearasil, Lysol, Dettol, Veet, Harpic, Cillit Bang, Mortein, Finish, Vanish, Calgon, Woolite, Air Wick and more. 20 million Reckitt products a day are bought by consumers globally.
Reckitt's passion to put consumers and people first, to seek out new opportunities, to strive for excellence in all that we do, and to build shared success with all our partners, while doing the right thing, always is what guides the work of our 40,000+ diverse and talented colleagues worldwide. For more information visit www.reckitt.com/us.
*Reckitt is the trading name of the Reckitt Benckiser group of companies
_____________________________
1 Airline ATP assessment prepared by Ms. Iiris Pulkkinen, M. Sc., and Prof. Ulla Haverinen-Shaughnessy, D. Sc., The University of Oulu, Finland (August 2021). Hotel ATP assessment prepared by Richard Shaughnessy, Ph.D., Eugene C. Cole, DrPH, Mark Hernandez, Ph.D., Ulla Haverinen-Shaughnessy, D.Sc (February 2021).
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SOURCE Reckitt | https://www.mysuncoast.com/prnewswire/2022/05/26/lysol-pro-solutions-reveals-germiest-hotspots-planes-hotels-this-summer/ | 2022-05-26T13:30:25Z |
2Q 2022 Net Income of $17.5 million
Strong Loan Growth, Expanding Net Interest Margin, Favorable Credit Trends and More Normalized Provision
HONOLULU, July 29, 2022 /PRNewswire/ -- American Savings Bank, F.S.B. (ASB), a wholly owned subsidiary of Hawaiian Electric Industries, Inc. (NYSE: HE), today reported second quarter 2022 net income of $17.5 million. ASB grew net interest income compared to the first quarter of 2022 and the second quarter of 2021, benefiting from strong loan growth and a rising interest rate environment, while credit quality has improved. With the bank's loan growth, the quarter also saw a return to a more normalized provision expense following five consecutive quarters of negative provision.
"Our second quarter results reflect solid execution from our team and an earnings level that is driven by a more normalized provision in comparison to recent periods," said Ann Teranishi, president and chief executive officer of ASB. "We saw strong loan growth across our portfolio during the quarter, and credit quality has been trending favorably," said Teranishi. "We continue to make progress in our digital transformation to meet our customers' needs, including our recent launch of Zelle in our mobile banking platform, providing a fast, safe and easy way for customers to send and receive money with those they trust."
Financial Highlights
Net income in the second quarter was $17.5 million, compared to $23.9 million in the first, or linked quarter of 2022 and $30.3 million in the second quarter of 2021.
Net interest income of $61.8 million was up from $59.0 million in the linked quarter, and $60.8 million in the second quarter of 2021. The increase versus the linked quarter reflected earning asset growth and higher yields in the commercial and commercial real estate loan portfolios, partially offset by lower fee income associated with the Paycheck Protection Program (PPP) portfolio as PPP loans continued to pay down. The increase versus the prior year quarter reflected higher average earning assets partially offset by lower PPP fee income. Net interest margin was 2.85% compared to 2.79% in the linked quarter, and 2.98% in the second quarter last year.
In the second quarter ASB recorded a provision for credit losses of $2.8 million compared to a negative provision for credit losses of $3.3 million in the linked quarter and $12.2 million in the second quarter of 2021. The quarter's higher provision reflected provisioning for the strong loan growth generated during the quarter, partially offset by favorable credit trends that led to the release of reserves (which reduces provision). As of June 30, 2022, ASB's allowance for credit losses to outstanding loans was 1.28% compared to 1.30% as of March 31, 2022 and 1.51% as of June 30, 2021.
The net charge-off ratio for the second quarter of 2022 was nil, compared to 0.01% in the linked quarter and 0.04% in the second quarter of 2021. Nonaccrual loans as a percent of total loans receivable held for investment were 0.40% in the second quarter of 2022, compared to 0.72% in the linked quarter and 1.03% in the prior year quarter.
Noninterest income was $12.5 million in the second quarter of 2022 compared to $16.1 million in the linked quarter and $15.2 million in the second quarter of 2021. The decrease compared to the linked quarter was primarily due to the gain on sale of real estate recorded in the first quarter of 2022, lower fees from other financial services, lower bank-owned life insurance income and lower mortgage banking income. The decrease compared to the prior year quarter was primarily due to lower bank-owned life insurance income, lower mortgage banking income and lower fees from other financial services.
Noninterest expense was $49.4 million compared to $48.2 million in the linked quarter and $48.2 million in the second quarter of 2021. The increase in noninterest expense versus the linked quarter was primarily due to increased compensation and benefits expenses and higher data processing costs. The increase in noninterest expense versus the same quarter last year was primarily due to higher occupancy costs and marketing expenses.
Total earning assets as of June 30, 2022 were $8.7 billion, up 2.6% from December 31, 2021.
Total loans were $5.4 billion as of June 30, 2022, up 4.2% from December 31, 2021, reflecting growth across nearly the entire portfolio and driven by strong growth in commercial real estate loans.
Total deposits were $8.3 billion as of June 30, 2022, an increase of 1.0% from December 31, 2021. For the second quarter of 2022, the average cost of funds was 0.05%, flat versus the linked quarter and down two basis points versus the same quarter last year.
For the second quarter of 2022 return on average equity was 12.2% compared to 13.7% in the linked quarter and 16.8% in the second quarter of 2021. Return on average assets was 0.76% for the second quarter of 2022, compared to 1.04% in the linked quarter and 1.38% in the same quarter last year.
In the second quarter of 2022, ASB paid dividends of $12.0 million to HEI. ASB had a Tier 1 leverage ratio of 7.7% as of June 30, 2022.
HEI EARNINGS RELEASE, HEI WEBCAST AND CONFERENCE CALL TO DISCUSS EARNINGS AND 2022 GUIDANCE
Concurrent with ASB's regulatory filing 30 days after the end of the quarter, ASB announced its second quarter 2022 financial results today. Please note that these reported results relate only to ASB and are not necessarily indicative of HEI's consolidated financial results for the second quarter of 2022.
HEI plans to announce its second quarter 2022 consolidated financial results on Monday, August 8, 2022 and will also conduct a webcast and conference call at 10:15 a.m. Hawaii time (4:15 p.m. Eastern time) that same day to discuss its consolidated earnings, including ASB's earnings, and 2022 guidance.
To listen to the conference call, dial 1-844-200-6205 (U.S.) or +1-929-526-1599 (international) and enter passcode 638186. Parties may also access presentation materials and/or listen to the conference call by visiting the conference call link on HEI's website at www.hei.com under "Investor Relations," sub-heading "News and Events — Events and Presentations."
A replay will be available online and via phone. The online replay will be available on HEI's website about two hours after the event. An audio replay will also be available about two hours after the event through August 22, 2022. To access the audio replay, dial 1-866-813-9403 (U.S.) or +44-204-525-0658 (international) and enter passcode 484022.
HEI and Hawaiian Electric Company, Inc. (Hawaiian Electric) intend to continue to use HEI's website, www.hei.com, as a means of disclosing additional information; such disclosures will be included in the Investor Relations section of the website. Accordingly, investors should routinely monitor the Investor Relations section of HEI's website, in addition to following HEI's, Hawaiian Electric's and ASB's press releases, HEI's and Hawaiian Electric's Securities and Exchange Commission (SEC) filings and HEI's public conference calls and webcasts. Investors may sign up to receive e-mail alerts via the "Investor Relations" section of the website. The information on HEI's website is not incorporated by reference into this document or into HEI's and Hawaiian Electric's SEC filings unless, and except to the extent, specifically incorporated by reference.
Investors may also wish to refer to the Public Utilities Commission of the State of Hawaii (PUC) website at dms.puc.hawaii.gov/dms to review documents filed with, and issued by, the PUC. No information on the PUC website is incorporated by reference into this document or into HEI's and Hawaiian Electric's SEC filings.
The HEI family of companies provides the energy and financial services that empower much of the economic and community activity of Hawaii. HEI's electric utility, Hawaiian Electric, supplies power to approximately 95% of Hawaii's population and is undertaking an ambitious effort to decarbonize its operations and the broader state economy. Its banking subsidiary, ASB, is one of Hawaii's largest financial institutions, providing a wide array of banking and other financial services and working to advance economic growth, affordability and financial fitness. HEI also helps advance Hawaii's sustainability goals through investments by its non-regulated subsidiary, Pacific Current. For more information, visit www.hei.com.
FORWARD-LOOKING STATEMENTS
This release may contain "forward-looking statements," which include statements that are predictive in nature, depend upon or refer to future events or conditions, and usually include words such as "will," "expects," "anticipates," "intends," "plans," "believes," "predicts," "estimates" or similar expressions. In addition, any statements concerning future financial performance, ongoing business strategies or prospects or possible future actions are also forward-looking statements. Forward-looking statements are based on current expectations and projections about future events and are subject to risks, uncertainties and the accuracy of assumptions concerning HEI and its subsidiaries, the performance of the industries in which they do business and economic, political and market factors, among other things. These forward-looking statements are not guarantees of future performance.
Forward-looking statements in this release should be read in conjunction with the "Cautionary Note Regarding Forward-Looking Statements" and "Risk Factors" discussions (which are incorporated by reference herein) set forth in HEI's Annual Report on Form 10-K for the year ended December 31, 2021 and HEI's other periodic reports that discuss important factors that could cause HEI's results to differ materially from those anticipated in such statements. These forward-looking statements speak only as of the date of the report, presentation or filing in which they are made. Except to the extent required by the federal securities laws, HEI, Hawaiian Electric, ASB and their subsidiaries undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
This information should be read in conjunction with the consolidated financial statements and the notes thereto in HEI filings with the SEC. Results of operations for interim periods are not necessarily indicative of results to be expected for future interim periods or the full year.
This information should be read in conjunction with the consolidated financial statements and the notes thereto in HEI filings with the SEC.
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SOURCE Hawaiian Electric Industries, Inc. | https://www.wibw.com/prnewswire/2022/07/29/american-savings-bank-reports-second-quarter-2022-financial-results/ | 2022-07-29T21:03:11Z |
BERLIN (AP) — A court in Germany cast doubt Friday on claims by a German farmer that automaker Volkswagen is partly responsible for the impact that global warming is having on his family business.
The plaintiff, Ulf Allhoff-Cramer, claims drier soil and heavier rains due to climate change are harming his fields, cattle and commercial forests.
“Farmers are already being hit harder and faster by climate change than expected,” he told reporters this week, alleging that VW as the world’s second-biggest automaker has contributed to the damage.
But during the first hearing, a regional court in the western town of Detmold asked the plaintiff and his lawyers to provide further details to back up their legal arguments, the German news agency dpa reported.
The presiding judge also asked for clarity on whether the plaintiff has already suffered climate-related damages or is merely expecting them. It set the next court hearing for Sept. 9.
The case is supported by the environmental group Greenpeace, which has backed similar legal efforts in Germany aimed at holding companies and the government accountable for climate change.
Such cases have met with mixed success. Some have been dismissed, while one made it to Germany’s top court, which last year ordered the government to step up its efforts to reduce greenhouse gas emissions.
In his complaint, Allhoff-Cramer is calling for VW to end its production of combustion engine vehicles by 2030. German automakers rejected a similar demand from environmental groups last year.
Volkswagen said in a statement that it aims to reduce its emissions “as quickly as the business allows” but has set itself a 2050 deadline to cut carbon dioxide emissions to net-zero.
“Volkswagen stands for climate protection and rapid decarbonization of the transport sector, but cannot meet this challenge alone,” the company said, adding that the transformation also depends on government regulation, technological development and buyer behavior.
The company said lawmakers should decide on climate change measures.
“Disputes in civil courts through lawsuits against individual companies singled out for this purpose, on the other hand, are not the place or the means to do justice to this responsible task,” VW said. “We will defend this position and ask for the lawsuit to be dismissed.”
In 2015, the U.S. Environmental Protection Agency caught Volkswagen using software that let diesel cars pass emissions tests and then turned off pollution controls during normal driving. The company apologized and paid tens of billions of dollars in fines, recall costs and compensation to car owners.
___
Follow AP’s climate coverage at http://apnews.com/hub/climate | https://cw33.com/business/ap-business/backed-by-greenpeace-farmer-sues-vw-over-climate-change/ | 2022-05-20T17:04:02Z |
Mary Ann Morris Almgren, age 85 of Fountain Valley, California passed away on Friday, July 15, 2022. Mary was born August 27, 1936 in Temple, Texas. She was the daughter of Thomas Bryant Morris and Anna May (Hennersdorf) Morris.
Growing up in Temple, she participated in 4H, played French Horn in the band and Orchestra and was the Drum Major. Later she attended Texas Wesleyan University and earned a Master’s Degree in Education. She taught at Emerson Elementary school in Temple. When a tornado hit the school and collapsed the roof she had all of her children under desks and safe and sound thanks to her leadership.
On June 6th 1964 at the 7th Street Methodist Church, she married Kent Frederic Almgren. Kent was an MP in the Army stationed at Fort Hood. Dad likes to tell the story that he married his Sunday school teacher – he did.
In 1964 their first son was born, Kristopher Thomas and in 1968 their second son was born, Nils Frederic.
Mary Ann was very active in church, singing in the choir, teaching Sunday School, and a Youth group leader. Prayer warrior and intercessor. She was also a Den Mother in Cub Scouts, and active in her bowling due to her being pregnant – which helped her be lower to the ground!
As her children became adults Mary Ann returned to teaching at a private Christian school. She also was a mentor teacher to other educators.
She is survived by her husband, Kent Almgren; sons, Kris Almgren, Nils Almgren and both of their families.
She is pre deceased by 5 brothers and 1 sister – Tom B Morris, Earl B Morris, William F Morris, Victor Bunkley Morris and Virgina (Ginger) Warhol. She has one surviving brother, Jack M Morris of Temple, Texas and a multitude of nieces and nephews.
Fond memories and expressions of sympathy may be shared at www.westmisntermemorial.net for the Almgren family and memorial donation can be sent to her Pastor – Charles Harrell 18324 Basswood, Fountain Valley, CA 92708. | https://www.tdtnews.com/obituaries/article_dcf5d4d8-1418-11ed-8247-235368ad74b3.html | 2022-08-05T11:20:34Z |
The 2022 AFP® Liquidity Survey finds majority of organizations are preparing portfolios ahead of continuing federal funds target rate increases.
BETHESDA, Md., June 14, 2022 /PRNewswire/ -- Results of the 2022 AFP Liquidity Survey from the Association for Financial Professionals (AFP), underwritten by Invesco, reports that the typical organization currently maintains 55% of its short-term investments in bank deposits. This is the highest figure since 2016, when it was also reported that 55% of organizations were holding their short-term investments in banks. This is only a slight increase from 2021 and 2020 figures, which were 52% and 51% respectively. The largest increase occurred from 2019 to 2020 when it jumped 9%. Similar trends are also being observed for short-term investments outside the U.S. (69%).
The survey also found that 57% of organizations are preparing their portfolios ahead of anticipated federal funds target rate increases, with 34% doing so by managing the duration of their portfolios. Others are considering investing in floating rate notes, creating bond maturity ladders or using a barbell approach with select securities.
Findings suggests companies are being cautiously optimistic while shoring up liquidity to ease uncertainty as the share of organizations that plan on increasing their cash holdings in the U.S. has decreased by 10 percentage points to 37% as compared to 47% who reported the same last year.
Additional findings include:
- Safety continues to be the most valued short-term investment objective for 63% of organizations. This can be expected, given the economic uncertainty due to high inflation rates, anticipated actions by the Federal Reserve and the tense geopolitical environment.
- Twenty-five percent of organizations are considering Environmental, Social and Governance (ESG) investment parameters, which is materially higher than the 17% reported in last year's survey report.
- Just over a quarter (26%) of respondents report that their organizations have plans to prepare operating cash and investment portfolios for the LIBOR end date of June 30, 2023. This is a 11 percentage point increase over last year.
AFP's Liquidity Survey was conducted in March 2022 and received responses from 284 corporate practitioners.
"In the past year, the economic environment has been fraught with uncertainty. Therefore, it is not at all surprising that the majority of organizations are prioritizing safety as their primary investment objective," said Jim Kaitz, AFP president and CEO. "That said, we are hopeful as a smaller percentage of respondents report an increase in cash and short-term balances at their organizations over the past year compared to a year earlier, suggesting that companies are less constrained than they were in 2021."
"It's been a remarkable period in liquidity markets, from the early pandemic days in 2020 to the sharp inflation acceleration and aggressive shift by the Federal Reserve to tightening monetary policy in 2022," continued Laurie Brignac, CIO, Global Liquidity, Invesco. "As companies prepare to put cash to work, investors need to be strategic in their approach to uncover opportunities in the higher interest rate environment while managing through a very aggressive hiking cycle."
Survey results are available at: 2022 AFP Liquidity Survey . Press inquiries may be directed to Melissa Rawak, managing director, at mrawak@afponline.org.
Headquartered outside of Washington, D.C., and located regionally in Singapore, the Association for Financial Professionals (AFP) is the professional society committed to advancing the success of treasury and finance members and their organizations. Established and administered by AFP, the Certified Treasury Professional and Certified Corporate FP&A Professional credentials set standards of excellence in treasury and finance.
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SOURCE Association for Financial Professionals (AFP) | https://www.wibw.com/prnewswire/2022/06/14/survey-fifty-five-percent-organizations-short-term-investments-maintained-bank-deposits-highest-figure-since-2016/ | 2022-06-14T14:54:55Z |
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