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For the 2022 model year, more automakers built their cars to better withstand and avoid crashes, according to the latest ratings announced Thursday by the Insurance Institute for Highway Safety.
More than 70 models earned a 2022 Top Safety Pick+ designation, which is considered the most rigorous independent safety rating in the automotive industry. Last year at this time, 49 models earned the accolade. Another 37 models in 2022 testing earned the next highest rating of Top Safety Pick, to bring the total to 108 models out of about 223 tested.
Every 2022 Volvo and Genesis model earned a TSP+, marking a rare sweep for the brands, though it’s easier to accomplish with lineups that consist of only five key models. Hyundai Motor Group, parent company of Hyundai, Kia, and Genesis, earned the most total safety picks, with 11 TSP+ and 10 TSP awards.
Only seven domestic models out of 71 earned a 2022 TSP+, while two pickup trucks, the Ram 1500 and Ford F-150, picked up TSP nods.
READ MORE: What is an IIHS Top Safety Pick and why does it matter?
Much like the five-star NCAP safety ratings overseen by the NHTSA, the TSP designations are meant to streamline safety tests to give car shoppers a standardized baseline when assessing cars. The ratings also encourage automakers to make safer cars.
“Our awards make it easy for car buyers to find models that will protect them in a crash and increase the odds they’ll never be in one,” IIHS President David Harkey said in a statement. “By shooting for Top Safety Pick+, automakers are showing that they’re committed to the same goal.”
To earn a TSP+, vehicles must earn top “Good” ratings in all six crash tests, including the driver’s side and passenger’s side tests that simulate hitting a stationary object like a light pole head on. Side impact, overall front impact, head restraints, and rollover tests round out that portion of testing.
“Our tests are designed around the types of crashes happening in the real world that may not be reflected by the government’s crash tests,” Joe Young, director of media relations for the IIHS, explained in an interview. “The original IIHS side crash test was designed due to concerns that the government’s side crash test was not capturing all the side crashes that occur in the real world. A big part of that was the changing vehicle fleet, with taller vehicles becoming more popular. IIHS’s barrier was designed to replicate an SUV or pickup striking a vehicle, rather than a shorter car.”
The IIHS is a nonprofit agency funded by the insurance industry, which has a business case for minimizing the incidence and intensity of car crashes.
There are other distinctions in ratings between the two crash-test agencies. Unlike the NHTSA safety assessments, the IIHS rates the efficacy of automatic emergency braking systems and headlight visibility.
“The need for headlight testing emerged due to current regulations allowing too broad a range of headlight performance,” Young said.
Automakers initially had a tougher time meeting the headlight criteria launched in 2016, but compliance has increased even as the standards have become more rigorous. To qualify for a TSP+, cars must have standard headlights that rate at “Acceptable” or “Good” in IIHS testing.
Additionally, a TSP+ car must earn either “Advanced” or “Superior” ratings in significantly slowing down or avoiding crashes with vehicles and pedestrians in 12-mph and 25-mph tests. An effective automatic emergency braking system minimizes impacts from rear-end collisions, the most common crash, and more sophisticated systems slow or stop cars from hitting objects peripherally, such as a child darting from between parked cars into a street or a car speeding through a perpendicular intersection.
The IIHS predicts the standard technology will prevent 42,000 crashes and cut in half the number of rear-end crashes by 2025. The major automakers made a voluntary commitment to equip at least 95% of new cars sold with AEB as standard by September of this year. To avoid penalizing automakers before the deadline, the IIHS doesn’t mandate AEB as standard equipment to earn a TSP+.
That’s changing next year, however. The IIHS will add a nighttime pedestrian crash prevention component to the AEB rating, and “Advanced” or “Superior” ratings will be required for a TSP+ designation. Pedestrian crash fatalities have increased 51% since 2009, according to the IIHS. Additionally, headlight ratings must be at least “Acceptable” across the board to earn any TSP award.
The IIHS continually resets the safety bar as more automakers meet or exceed the requirements for TSP awards. In 2021, it updated the side crash test for the first time in nearly 20 years. Simulating a T-bone crash, the test is conducted at higher speeds and with a heavier barrier to reflect larger SUVs and trucks proliferating on roadways in the past two decades. Beginning in 2023, a “Good” rating on the new test will be required to earn a TSP+.
Expect some TSP growing pains in the name of ever-evolving safety standards.
“We expect to see a drop in the number of vehicles earning our awards in 2023,” Young said.
But it should make cars safer overall.
“Automakers have consistently responded when we introduce new tests and strengthen our award criteria,” Young said. “We expect to see them continue to improve crashworthiness, front crash prevention systems and headlight options as they strive to earn our safety awards under the tougher criteria in 2023.”
The full list of 2022 winners is below, and will be updated throughout the year:
TSP+
Small cars and SUVs
Chevrolet Trailblazer
Ford Bronco Sport
Honda Civic sedan and hatchback
Honda Insight
Hyundai Tucson
Mazda 3 sedan and hatchback
Mazda CX-5
Mazda CX-50
Mitsubishi Outlander (built after June 2021)
Nissan Rogue
Toyota Corolla sedan and hatchback
Toyota Corolla Cross
Toyota RAV4 Prime
Subaru Crosstrek Hybrid
Subaru Forester
Volkswagen Tiguan
Volvo C40 Recharge
Volvo XC40 and XC40 Recharge
Cars
Honda Accord
Kia K5
Kia Stinger
Nissan Altima
Nissan Maxima
Subaru Legacy
Subaru Outback
Luxury cars
Acura TLX
Audi A6 and A6 Allroad
Audi A7
Genesis G70
Genesis G80
Genesis G90
Lexus ES 350
Lexus IS
Mercedes-Benz E-Class
Tesla Model 3
Volvo S60 and S60 Recharge
Volvo S90 and S90 Recharge
Volvo V60 Cross Country
Volvo V90 Cross Country
SUVs
Ford Explorer
Hyundai Palisade
Hyundai Santa Fe (built after July 2021)
Mazda CX-9
Nissan Murano
Subaru Ascent
Toyota Highlander
Volkswagen ID.4
Luxury SUVs
Acura MDX
Acura RDX
Audi E-Tron and E-Tron Sportback
Audi Q5 and Q5 Sportback
Cadillac XT6
Genesis GV70
Genesis GV80
Hyundai Nexo
Mercedes-Benz GLE-Class
Tesla Model Y
Volvo XC60 and XC60 Recharge
Volvo XC90 and XC90 Recharge
Minivans
Chrysler Pacifica
Honda Odyssey
Toyota Sienna
TSP
Small cars and SUVs
Buick Encore GX
Ford Escape
Honda CR-V
Hyundai Elantra
Hyundai Venue
Kia Seltos
Kia Soul
Kia Sportage
Lexus UX
Lincoln Corsair
Nissan Sentra
Subaru Crosstrek (with CVT)
Subaru Impreza (with CVT)
Toyota C-HR
Toyota RAV4
Toyota Venza
Cars
Hyundai Sonata
Toyota Avalon
Luxury cars
Audi A4
Audi A5 Sportback
BMW 2-Series Gran Coupe
BMW 3-Series
SUVs/Minivans
Ford Edge
Ford Mustang Mach-E
Hyundai Santa Cruz
Kia Carnival
Kia Sorento
Kia Telluride
Luxury SUVs
Audi Q8
BMW X5
Lexus RX
Lincoln Aviator
Lincoln Nautilus
Mercedes-Benz GLC-Class
Trucks
Ford F-150 extended and crew cabs
Ram 1500 crew cab
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- Audi Q7, Q8 recalled for fuel pump failure | https://cw33.com/automotive/internet-brands/2022-top-safety-pick-awards-which-cars-are-safest/ | 2022-08-12T03:16:53Z |
Hires Increase Industry-Leading Expertise at Executive Level While Firm Continues High Growth Trajectory
ATLANTA, June 6, 2022 /PRNewswire/ -- North Highland, the leading change and transformation consultancy, has welcomed three new vice presidents across its Atlanta, London and Nashville office locations. The hires further enable the firm's ability to make long-lasting impact on its clients across the globe.
- Micail Samiere joins North Highland as vice president of Healthcare, based in the firm's Nashville office. Samiere has more than 25 years of industry experience and most recently served as a managing director for the DHG Healthcare National Strategy Practice. In her approach, she draws on her MBA with emphasis in Finance and Accounting from California State University Long Beach, as well as her master's degree in Business Analytics from Arizona State University.
- Helen Baxter joins the firm as vice president in its London office, focused on driving transformational value for clients across several sectors, including Life Sciences. Baxter's forte has been Professional Services for the last 15 years, and she most recently served as associate partner in Ernst & Young's Life Sciences sector. Baxter holds a master's degree in Geography from The University of Edinburgh.
- Katie Argus joins the firm's Atlanta office as vice president of Finance. She previously worked at Indianapolis-based global workforce fulfillment firm, BCforward, as chief financial officer for six years. Argus has acted in various leadership roles across Accounting and Finance during her career, including at Ernst & Young and Stanley Black & Decker. She holds a bachelor's degree in Accounting from Butler University.
North Highland is committed to investing in continued leadership, development and growth within the firm. The addition of these leaders is yet another example of sustained business growth and follows the announcement of eight executive promotions last year.
"It's a privilege to welcome three leaders who have pursued transformational change throughout their careers, both personally and professionally, and can now share their expertise with North Highland," said CEO Alex Bombeck. "Our people are the key to our firm's success and expanding our executive ranks better positions us to attract top talent while better serving our clients."
About North Highland
North Highland makes change happen, helping businesses transform by placing people at the heart of every decision. It's how lasting progress is made. With our blend of workforce, customer, and operational expertise, we're recognized as the world's leading transformation consultancy. We break new ground today, so tomorrow is easier to navigate. Founded in 1992, North Highland is regularly named one of the best places to work. We are a proud member of Cordence Worldwide, a global network of truly connected consultancy firms with the ability to think and deliver together. This means North Highland has more than 3,500 experts in 50+ offices around the globe on hand to partner with you.
For more information, visit www.northhighland.com or connect with us on LinkedIn, Twitter, Instagram, and Facebook.
Media contact:
Courtney James
404-850-2806
courtneylee.james@northhighland.com
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SOURCE North Highland | https://www.kxii.com/prnewswire/2022/06/06/north-highland-welcomes-three-vice-presidents/ | 2022-06-06T12:57:08Z |
WEDC survey finds quality of life and opportunities driving factors in state's high perception rankings
MADISON, Wis., May 23, 2022 /PRNewswire/ -- A new survey by the Wisconsin Economic Development Corporation (WEDC) reveals that both in-state and out-of-state residents view Wisconsin as a good place to do business, raise a family, and enjoy a high quality of life.
While, perhaps unsurprisingly, four out of five Wisconsin residents and business owners surveyed said the Badger State is a good place to live and do business, the research also discovered that Wisconsin appeals strongly to out-of-state residents at levels that exceed other Midwest states. Study participants, both in the Midwest and nationally, ranked Wisconsin and Michigan as the most appealing Midwest states overall.
Among Midwest states, respondents ranked Wisconsin first for access to outdoor activities and post-secondary educational opportunities, second for access to health care and a sense of community, and third for cost of living.
In comparison to Michigan, Iowa, North Dakota, South Dakota, Ohio and Illinois, Wisconsin's relative perception ratings were above average in the following quality of life factors:
- Access to outdoor activities 22% higher than the average; ranked first and 13% higher than Michigan, which ranked second.
- Post-secondary education 18% higher than the average; ranked first.
- Access to health care 19% higher than the average; ranked second.
- Sense of community 9% higher than average; ranked second.
"One of the things we've all learned over the past few years is that community matters, opportunity matters, and quality of life matters – whether you're a small business owner, entrepreneur, employee, or even the CEO of a major corporation," said Missy Hughes, secretary and CEO of WEDC. "Inside and outside our state, people are discovering all that Wisconsin has to offer and, as they do, our appeal continues to grow."
Wisconsin businesses selected high quality of life for the workforce as a top business factor when determining a state's appeal. Wisconsin ranked nearly 25% higher than any other Midwest state in terms of quality-of-life factors, most notably access to outdoor activities.
"Wisconsin represents that rare intersection of business and pleasure," said Ben Popp, executive director of the American Birkebeiner Ski Foundation located in Hayward, Wisconsin. "Not only do residents benefit from tailored investments in community infrastructure, it's the perfect environment to cultivate a career while also tapping into individual passions and motivations. Running, biking, skiing – you name it, Wisconsin has it."
The online survey sampled:
- More than 2,700 Wisconsin business leaders who evaluated the state's business climate.
- More than 1,500 residents of Wisconsin, Minnesota, Iowa, Illinois, Indiana, Michigan, Ohio, Missouri South Dakota and North Dakota, who rated their state's and other states' overall appeal.
- Roughly 1,000 residents nationwide who rated their perceptions of Midwest states.
The survey had a margin of error of 3 percentage points.
To learn more about WEDC, visit wedc.org.
About the Wisconsin Economic Development Corporation
The Wisconsin Economic Development Corporation (WEDC) leads economic development efforts for the state by advancing and maximizing opportunities in Wisconsin for businesses, communities and people to thrive in a globally competitive environment. Working with more than 600 regional and local partners, WEDC develops and delivers solutions representative of a highly responsive and coordinated economic development network. Visit wedc.org or follow WEDC on Twitter @WEDCNews to learn more.
Releases online at:
wedc.org/newsroom
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SOURCE Wisconsin Economic Development Corporation | https://www.mysuncoast.com/prnewswire/2022/05/23/new-research-unveils-wisconsins-regional-national-appeal-living-doing-business/ | 2022-05-23T21:30:10Z |
ENGLEWOOD, N.J., April 6, 2022 /PRNewswire/ -- Englewood Health has been named a top hospital in New Jersey by Jersey's Best magazine.
This mark of distinction was awarded following a rigorous vetting process in which Jersey's Best—in partnership with healthcare research companies Castle Connolly and IPRO—performed analytics on patients' post-discharge evaluations and a nation-wide physician survey. The investigative outfit then ranked hospitals based on their ability to treat specific medical conditions and provide high-quality care across the board.
Englewood Health was named a top hospital overall, as well as a top hospital for the treatment of high-risk pregnancy and childbirth; prostate cancer; breast cancer; knee and hip replacement; stroke; congestive heart failure; neurological disorders; coronary artery bypass surgery; and pain management.
Patient evaluations for Englewood Health elicited high overall satisfaction rates, as well as special mentions of doctors' excellent communication with patients and their families.
"We are honored to be recognized as one of the top hospitals in New Jersey," said Warren Geller, president and CEO of Englewood Health. "This reiterates what we know to be true: that we have highly-skilled, compassionate, and dedicated healthcare professionals here at Englewood Health."
For the complete list and more information about the rankings and methodology, visit: Jersey's Best Hospitals List.
About Englewood Health
Englewood Health is one of New Jersey's leading hospitals and healthcare networks. Composed of Englewood Hospital, the Englewood Health Physician Network, and the Englewood Health Foundation, the health system delivers nationally recognized care in a community setting to residents of northern New Jersey, New York, and beyond. The hospital, founded in 1890, consistently earns high marks for clinical excellence and patient safety. Englewood Hospital holds the Leapfrog Hospital Safety Grade 'A' and is nationally recognized for nursing excellence, earning a fifth consecutive designation by the Magnet Recognition Program® in 2021. Areas of clinical excellence include cardiac surgery and cardiac care, cancer care, orthopedic surgery, spine surgery, vascular surgery, and women's health, as well as bloodless medicine and surgery. Englewood Health is an affiliate of Hackensack Meridian Health. The hospital offers an internal medicine residency program affiliated with Hackensack Meridian School of Medicine, as well as a vascular surgery fellowship, pharmacy residency program, podiatry residency program, and a radiography training program. Englewood also serves as a training site for surgery, pathology, emergency medicine, anesthesiology, critical care medicine, and other medical and surgical subspecialties. Englewood Health is continually expanding services and enhancing access through the Englewood Health Physician Network, a coordinated network of more than 500 office-based and hospital-based providers at more than 100 locations in six counties in New Jersey and New York. Through the main acute-care facility, physician network, hospital outpatient departments offering imaging services in local communities, and a variety of community health and wellness programs, Englewood Health delivers a healthcare experience that puts patients at the center. For additional information, visit www.englewoodhealth.org.
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SOURCE Englewood Health | https://www.kxii.com/prnewswire/2022/04/06/englewood-health-named-top-hospital-new-jersey/ | 2022-04-06T17:27:40Z |
Minor league players, MLB reach deal in minimum wage suit
NEW YORK (AP) — Minor league players and Major League Baseball have reached a settlement in a lawsuit alleging teams violated minimum wage laws.
Terms of the settlement were not filed with the court Tuesday and details were not released.
“We are pleased to report that the parties have reached a settlement in principle in this over eight-year-old case, subject to court approval,” lawyers for the players said in a statement. “We look forward to filing preliminary approval papers with the court and cannot comment further until then.”
The suit was filed in 2014 by first baseman/outfielder Aaron Senne, a 10th-round pick of the Marlins in 2009 who retired in 2013, and two other retired players who had been lower-round selections: Kansas City infielder Michael Liberto and San Francisco pitcher Oliver Odle. They claimed violations of the federal Fair Labor Standards Act and state minimum wage and overtime requirements for a work week they estimated at 50 to 60 hours.
A trial had been scheduled to start June 1 in U.S. District Court in San Francisco.
A letter filed with the court by lawyers for both sides asked Chief Magistrate Judge Joseph C. Spero to postpone a conference scheduled for Tuesday and the trial.
“The parties are pleased to inform the court that they have reached a settlement of the matter in principle,” the letter said. “The parties have agreed upon a confidential memorandum of understanding. The settlement is subject to ratification by the respective parties, and we are in the process of preparing the settlement documents.”
The letter was signed by Elise M. Bloom of Proskauer Rose on behalf of MLB and by Clifford H. Pearson of Pearson, Simon & Warshaw and Stephen M. Tillery of Korein Tillery on behalf of the players.
Spero wrote in a pretrial ruling in March that minor leaguers are year-round employees who work during training time and found MLB violated Arizona’s state minimum wage law and was liable for triple damages. Spero also ruled MLB did not comply with California wage statement requirements, awarding $1,882,650 in penalties.
He said minor leaguers should be paid for travel time to road game s in the California League and to practice in Arizona and Florida.
“These are not students who have enrolled in a vocational school with the understanding that they would perform services, without compensation, as part of the practical training necessary to complete the training and obtain a license,” Spero wrote.
The case was sent back to the District Court by the 9th U.S. Circuit Court of Appeals in 2019 after lawyers for the players and MLB spent years arguing whether it should receive class-action status.
Spero ruled MLB is a joint employer with teams of minor league players; that those players perform “work” during spring training; that travel time on team buses to away games is compensable under FLSA, Florida and Arizona law and that travel time by California League players to away games is compensable under California law.
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More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/10/minor-league-players-mlb-reach-deal-minimum-wage-suit/ | 2022-05-10T19:31:45Z |
Kaiser Permanente grants $2.5 million to Change Machine and additional funding to regional nonprofits to embed financial coaching within 190 social service organizations
NEW YORK, July 19, 2022 /PRNewswire/ -- Change Machine announced today the launch of a new financial health initiative designed to advance the economic wellbeing and health outcomes of thousands of families in low-income areas across the country.
The Change Machine + Kaiser Permanente Financial Health Initiative uses Change Machine's technology platform to train and equip social service practitioners in financial coaching so that they can provide these services to their clients. Financial coaching includes: financial goal setting and budgeting; establishing and increasing savings; addressing debt; and connecting people to safe and affordable banking products. Funding from Kaiser Permanente supports training program implementation, allowing social service organizations to provide these programs sustainably.
Research shows that financial stress is a key clinical risk factor for poor health outcomes. In particular, poor mental health has been consistently linked with the experience of financial hardship and poverty, and in many instances the link between mental and financial health is cyclical – financial hardship increases mental distress, mental distress raises the risk of missing payments on rent or loans and incurring fees, which leads to increased financial hardship.
By offering financial coaching, social service organizations can disrupt these cycles and better accomplish their missions to serve their clients, leading to improved community health outcomes.
"The link between financial health and overall health is well-documented. Access to financial literacy and coaching is a crucial way to ensure individuals, families, and communities remain financially stable and able to meet the various social needs – including stable housing, reliable transportation, and nutritious food – that are foundational to good health," said Stephanie Ledesma, vice president of community health at Kaiser Permanente.
The initiative will serve 190 social service organizations in California, Colorado, the District of Columbia, Georgia, Hawaii, Maryland, Oregon, Virginia, and Washington.
"Thanks to Kaiser Permanente, Change Machine's platform further amplifies the thought partnership of practitioners on the ground. It is an engine to build financially-thriving and healthy communities across the country," said Mae Watson Grote, Founder and CEO of Change Machine. "This combination of technology and capacity building is creating the field's vibrant community of practice through which we amplify our collective impact on the financial security of clients."
Change Machine + Kaiser Permanente Financial Health Initiative offers a flexible approach for organizations interested in offering financial coaching tools, training, and resources to enhance their missions. All participating organizations receive free access to tools that support social collaboration and can join a virtual community of financial practitioners and community leaders.
"The biggest value-adds for us is having the accountability of the financial health initiative. We've been wanting to do this work and now we have the grant, a timeline, and outcomes. This has been helpful to move the work forward," said Jared Schapiro, Assistant Director of Professional Services, Workforce Snohomish in Everett, WA. "There's no coordination between financial education empowerment services, at least in our county. The Change Machine + Kaiser Permanente Financial Health Initiative will help us close this gap."
"It's delightful to learn from practitioners across the country and now we can take these learnings back to our communities," said Stephanie Gaines, Financial Empowerment Services Coordinator, The Atlanta Center for Self Sufficiency. "The trainings opened up conversations among our colleagues on how we can make topics on financial security more relatable and non-judgemental when we engage with our customers."
Change Machine + Kaiser Permanente Financial Health Initiative will build on Change Machine's work in setting the standard for inclusive financial coaching. More than 8,000 practitioners serving families, job seekers, students, and more across 45 states have used Change Machine's platform to build their financial coaching practice, connect with each other, and amplify their national impact. Learn more about embedding financial coaching within your organization and connecting with other nonprofits!
Founded in 2005, Change Machine builds financial security for low-income communities through people-powered technology. Our products champion the aspirations of those most economically disadvantaged, as well as the expertise of financial coaches and customers, to transform how social service organizations and public agencies work with people to achieve their goals. Over 8,000 practitioners have used our platform to amplify their impact, including putting $45 million in the pockets of their customers. Together, we're creating an equitable economy in which we all thrive.
Learn more at change-machine.org and follow on Twitter.
Pinky Vincent
Change Machine
pvincent@change-machine.org
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SOURCE Change Machine | https://www.wibw.com/prnewswire/2022/07/19/national-financial-coaching-initiative-launched-advance-economic-wellbeing-health-outcomes-100000-people-us/ | 2022-07-19T12:10:01Z |
STOCKHOLM, June 2, 2022 /PRNewswire/ -- AGII THEODORI, GREECE - June 2, 2022 - Yesterday, Inna Braverman, Founder and Chief Executive Officer of Eco Wave Power Global AB (publ), a leader in the production of clean electricity from ocean and sea waves (Nasdaq: WAVE) (Nasdaq First North: ECOWVE) ("Eco Wave Power" or the "Company"), presented Eco Wave Power's innovative technology to an international collection of distinguished business leaders, senior government officials and investors at the annual Israel-Greece Conference, hosted by Calcalist in Isla Brown Corinthia hotel in Agii Theodori, Greece.
Inna Braverman, Founder and CEO of Eco Wave Power, Orit Farhash - Hacohen, Israel Minister of Innovation, Science and Technology and Angelos Fragakis, The Mayor of Halki Island
Ms. Braverman spoke during a session titled "Innovation for Good: Facing Global Solutions Through Tech Solutions" and detailed the advantages of wave energy. She also presented the Company's newly planned project in the island of Halki in Greece.
She stated that "The Eco Wave Power technology is smart, simple and easy to implement. The only part of the system that is in the water are the floaters, which belong in the water, and all the expensive energy conversion equipment is located on land just like a regular power station. According to the forecasts, wave energy is expected to provide around 10% of all Europe's electricity by 2050."
She added that "Our commercialization plan includes our upcoming project in Israel, which is co-funded by the Israeli Energy Ministry, that recognized the Eco Wave Power technology as a pioneering technology, and EDF Renewables IL. We are also planning our first U.S. project on the AltaSea premises in the Port of Los Angeles, to be followed by commercial scale projects in Spain, Portugal and other locations in the Company's 327.7 megawatts projects pipeline. I am also here to present our newest project in Greece, in Halki Island. Basically, the island wants to be 100% green and renewable, and it recently received a recognition for being the Sustainable Initiative of the Year for its admirable efforts. The island plans on combining 1 megawatt of solar energy, 1 megawatt of wind energy and 1 megawatt of wave energy and the EU program New Energy Solutions Optimized for Island (NESOI) is providing funding for Eco Wave Power's feasibility study in the island that we expect to complete by the end of this year, which will enable the construction of the first ever grid-connected 1 megawatt wave energy array in Greece."
After the presentation, Ms. Braverman also met with the Israeli Minister of Innovation, Science and Technology- Orit Farkash-Hacohen, and invited her for the official launch of the first soon to be grid connected wave energy project in Israel.
Also, in attendance at the Israel-Greece Conference was Mayor Angelos Fragakis of Halki. The Greek Island of Halki is rapidly becoming known as Greece's "green island" – the first of several islands to be transformed by the Greek government as part of the "GR-Eco" project, which provides the islands with renewable energy sources, making them independent of the national grid.
Halki Island currently has a solar power plant and electric vehicles, and Mayor Fragakis is looking to add wave power to the island's growing collection of sustainable initiatives.
"Halki Island is constantly looking for new energy solutions," said Mayor Fragakis. "Eco Wave Power's use of wave technology is a prime example of why 'GR-Eco' was formed: to foster new technology that can help each island in Greece be self-sustained and help do our part in the global fight against climate change."
Please see a link to Ms. Braverman's full presentation in the following link (which does not form a part of this press release): https://m.calcalist.co.il/Article.aspx?guid=rkjdsbhu5
"Calcalist's Israel-Greece Conference was an incredible experience and a wonderful opportunity to share with leaders from Israel and Greece the innovative opportunities available right here on our shores," continued Ms. Braverman. "Being surrounded by innovative thought leaders and professionals who are constantly pushing the envelope of what is possible was inspiring, and after everything I heard during the conference, I am excited about the future of energy, the future of this part of the world and the future of our entire planet."
About Eco Wave Power Global AB (publ)
Eco Wave Power is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from the ocean and sea waves.
Eco Wave Power is recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and was labelled as an "Efficient Solution" by the Solar Impulse Foundation. Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission's Horizon 2020 framework program. The Company has also received the "Global Climate Action Award" from the United Nations.
Eco Wave Power's common shares (ECOWVE) are traded on Nasdaq First North and its ADSs (WAVE) are traded on the Nasdaq Capital Market. More info: www.ecowavepower.com
Vator Securities is the company's Certified Advisor (+46 8 580 065 99, ca@vatorsec.se).
Information on, or accessible through, the websites mentioned above does not form part of this press release.
For more information, please contact:
Inna Braverman, CEOInna@ecowavepower.com
+97235094017
Investor Contact:
Matt Chesler, CFA
FNK IR
+1.646.809.2183
wave@fnkir.com
Media Inquiries:
Jacob Scott, Vectis Strategies
+1.412.445.7719
jscott@vectisstrategies.com
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Eco Wave is using forward-looking statements when it discusses the forecast that wave energy is expected to provide around 10% of all Europe's electricity by 2050 and its upcoming projects in Israel, the United States and Greece. These forward-looking statements and their implications are based on the current expectations of the management of Eco Wave and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, Eco Wave undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting Eco Wave is contained under the heading "Risk Factors" in Eco Wave Power's Annual Report on Form 20-F for the fiscal year ended December 31, 2021 filed with the SEC, which is available on the on the SEC's website, www.sec.gov.
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SOURCE EWPG Holding AB (publ) | https://www.wibw.com/prnewswire/2022/06/02/during-israel-greece-conference-hosted-by-leading-financial-magazine-calcalist-inna-braverman-founder-ceo-eco-wave-power-reveals-plans-1mw-project-halki-island-greece/ | 2022-06-02T14:53:13Z |
PITTSBURGH, Sept. 15, 2022 /PRNewswire/ -- "I needed an improved tool for clearing snow and other debris from solar panels," said an inventor, from Seguin, Ontario, Canada, "so I invented the SOLAR BRUSH. This efficient and quick tool can be used to remove snow buildup around the mounting bolts that attach the panels to the frame. It can also brush frost off the panels so it is quicker for the sun to start producing power."
The invention provides an effective way to remove snow from solar panels, satellite dishes and outside hot tubs. It can also be used for washing and cleaning solar panels in warm weather. As a result, it increases safety and convenience and it eliminates the need to use a ladder. The invention features a practical design that is easy to use so it is ideal for households and businesses with solar panel systems. Additionally, it is producible in design variations and a prototype model is available upon request.
The original design was submitted to the Toronto sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-TRO-663, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/09/15/inventhelp-inventor-develops-snow-removal-tool-solar-panels-tro-663/ | 2022-09-15T15:17:50Z |
North America's leading provider of fertility services onboards certified genetic counselor to spearhead new program aimed to standardize genetic testing and screening processes
HOUSTON , Aug. 29, 2022 /PRNewswire/ -- The Prelude Network® (Prelude), North America's largest and fastest-growing network of fertility clinics in North America, announces today the launch of its Genetic Center of Excellence, a new initiative that addresses the need for standardized genetic testing, genetic counseling and egg donor screening processes. The initial focus for the new program will be egg donor screening, which includes reviewing prospective donor family history and counseling about required genetic tests.
Egg donor screening, which follows professional guidelines from leading reproductive and other health organizations including the American Society for Reproductive Medicine, can reduce the risk of certain hereditary diseases and increase the chance intended parents will have a healthy baby at the end of the process. This information is also vital to the donor, as it provides insight into any health concerns for their own future family planning.
"Through its vast network of clinics, Prelude has given thousands of families the chance to become parents due largely to its commitment to utilizing the latest in donor-focused technologies," says TJ Farnsworth, Founder and CEO of Inception Fertility, the parent company to Prelude. "By launching the Genetic Center of Excellence program, aspiring parents can be assured that every effort is being made to help increase their chances of bringing home a baby."
Lauri Black, MS, CGC, was recently appointed as the program's Director of Genetic Services. A licensed, certified genetic counselor specializing in reproductive medicine, Black's expertise includes preimplantation genetic testing, male factor infertility genetics, fertility patient and gamete donor genetic risk assessment, and prenatal testing.
"I look forward to bringing standardized genetic screening for patients and donors, as well as genetic counseling services to support informed decision making and accurate interpretation for genetic testing, to all we serve in The Prelude Network," Black says.
The announcement of the Genetic Center of Excellence program comes on the heels of Prelude's first annual Donor Egg Summit, where leaders from donor egg programs across North America convened to discuss important topics around egg donation, including meeting patient needs, screening and stimulation protocols, and guiding principles to promote continued collaboration, growth, and consistency among the network's clinics.
About The Prelude Network®
The Prelude Network® (Prelude), the fastest-growing network of fertility clinics and largest provider of comprehensive fertility services in North America, is the clinic network of Inception Fertility™ – a family of fertility brands that touches every part of the fertility journey, including diagnostics and treatment to financial accessibility Each clinic, as part of the Prelude Network, is committed to delivering the highest level of personalized fertility care by the nation's leading reproductive endocrinologists, embryologists and practitioners by focusing on an excellence in science, medicine and the patient experience. The growing Prelude Network has over 40 total locations nationwide, offering a wide range of fertility services including egg freezing, IVF, genetic testing and egg/embryo storage, among others.
About Inception Fertility™
Inception Fertility™ (Inception) is a family of fertility brands committed to helping patients build their own families. Built by patients for patients, Inception's purpose is to achieve the highest bar in experience, science and medicine in an effort to enhance each patient's experience and achieve better outcomes.
Inception's medical experts are leading pioneers in fertility care. Our doctors are some of the first to use breakthrough assisted reproductive technologies (ART) – including in vitro fertilization (IVF), pregenetic implantation testing (PGT) and fertility preservation services – and they continue to lead the industry by building on these technologies by through development, research and thought leadership.
Through its growing family of national organizations – which includes The Prelude Network®, the fastest-growing network of fertility clinics and largest provider of comprehensive fertility services in the U.S.; Pathways Fertility, clinics that provide affordable, individualized and high quality care; MyEggBank, one of the largest frozen donor egg banks in North America; Bundl Fertility, LLC (Bundl), a multi-cycle fertility service bundling program and HavenCryo™, a long-term reproductive preservation and storage solution provider, – Inception is working to deliver on its promise to push the envelope of what is possible for exceeding patient expectations.
MEDIA CONTACT:
Mia Humphreys
Krupp
239-297-6592
MHumphreys@kruppagency.com
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SOURCE The Prelude Network | https://www.kxii.com/prnewswire/2022/08/29/prelude-network-launches-genetic-center-excellence-enhance-genetic-processes-protocols/ | 2022-08-29T17:33:13Z |
PORTLAND, Ore., July 19, 2022 /PRNewswire/ -- NWEA — a not-for-profit, research and educational services organization serving K-12 students – announced today new research highlighting the latest data on achievement during the pandemic. Key findings from this third school year impacted by COVID-19 suggest early signs of rebounding offering some hope. However, results also underscore that recovery is still years away and there is a need for sustained urgency in addressing interrupted learning.
The study is the latest in a series of research from NWEA focused on tracking the impact of the pandemic on learning. It used data from over 8.3 million students who took the MAP Growth assessment in reading and math during the COVID-impacted years (spanning 2018-19 to 2021-22) and compared these data to an equivalent sized sample of students who tested before the pandemic (spanning 2015-16 to 2018-19). Key takeaways from this latest data bring both hope and concern.
- Initial signs of academic rebounding were evident in 2021-22 with academic gains (fall to spring) that paralleled pre-pandemic trends, especially in math and among younger students.
- Academic growth rebounded to parallel pre-pandemic trends across school-poverty levels; however, students in low-poverty schools have less ground to make-up and thus will likely recover faster.
- Despite initial signs of rebounding, student achievement is still lower than where we'd expect it to be if the pandemic did not happen. Furthermore, if improvements continue at the rate we saw this year, the timeline for a full recovery is years away and will likely extend past the availability of federal recovery funds.
- Achievement was lower for all student groups in spring 2022 (compared to pre-pandemic levels); with historically marginalized students and students in high-poverty schools remaining disproportionately impacted.
"These signs of rebounding are especially heartening during another challenging school year of more variants, staff shortages, and a host of uncertainties. We think that speaks volumes to the tremendous effort put forth by our schools to support students," said Dr. Karyn Lewis, Director of the Center for School and Student Progress at NWEA, and the co-author with Dr. Megan Kuhfeld on this research study. "Any signs of hope are reasons to celebrate, and we must take that moment to do so, and then push forward with renewed energy and a sense of urgency because we're just at the initial steps of addressing the tremendous impact of this pandemic on our students."
NWEA's researchers point out that this data is a national view of the continued impacts of the pandemic, which provides a broad "where are trends heading" perspective. But they urge that local context is just as, if not more, important. They note that even within districts, impacts are not equal between schools. That level of nuance should be evaluated when looking at recovery efforts and long-term planning so that schools can "right-size" their efforts to most effectively help all students move toward better outcomes.
While schools work tirelessly to support the growth of students, they cannot do this alone. Over the past two years, NWEA has collaborated with colleagues from across the policy and civil rights community to offer recommendations to support pandemic recovery, and we continue that push going into the next school year.
"We urge policymakers and education leaders to use data and have strong data systems that provide continuous feedback on interventions to inform recovery," said Lindsay Dworkin, SVP of Policy and Communications at NWEA. "Beyond investing in research-based interventions that are targeted at students most impacted by the pandemic, education leaders will need the resources, support, and flexibility necessary to expand instructional time for students as well as provide more professional learning opportunities to their teachers."
Read the full report: https://www.nwea.org/research/publication/student-achievement-in-2021-22-cause-for-hope-and-continued-urgency
- Graphs & charts available upon request
- Video of Dr. Karyn Lewis providing an overview of the research is also available upon request
NWEA® (formerly known as Northwest Evaluation Association) is a mission-driven, not-for-profit organization that supports students and educators in more than 146 countries through research, assessment solutions, policy and advocacy services, professional learning and school improvement services that fight for equity, drive classroom impact and push for systemic change in our educational communities. Visit NWEA.org to learn more about how we're partnering with educators to help all kids learn.
Contact: Simona Beattie, Sr. Manager, Public Relations, simona.beattie@nwea.org or 971.361.9526
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SOURCE NWEA | https://www.wibw.com/prnewswire/2022/07/19/new-nwea-research-learning-through-pandemic-shows-early-signs-rebounding/ | 2022-07-19T10:40:17Z |
Seasons at Sutton Preserve will offer eight ranch and two-story floor plans
WINTER HAVEN, Fla., Sept. 7, 2022 /PRNewswire/ -- Richmond American Homes of Florida, LP, a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce that it has recently purchased 112 future homesites in Winter Haven.
These homesites are set to comprise a new Polk County community, Seasons at Sutton Preserve, which is scheduled to open in fall, 2022. This notable new neighborhood will offer eight ranch and two-story floor plans from the builder's popular Seasons™ Collection (RichmondAmerican.com/SeasonsOrlando), designed to put homeownership within reach for a variety of buyers. Two of the plans—the Zinc and the Copper—will showcase the UltraGarage® (RichmondAmerican.com/UltraGarage), an attached, extra-tall garage designed to accommodate a range of vehicles and storage needs.
Seasons at Sutton Preserve is ideal for homebuyers seeking design flexibility and those looking to downsize without downgrading. The community will also appeal to buyers relocating from Orange and Seminole Counties and Metro Orlando in search of more affordable housing options.
More about Seasons at Sutton Preserve:
- New ranch and two-story homes with open layouts and designer details
- Up to 4 bedrooms and approx. 1,710 to 2,800 sq. ft.
- Close proximity to Lakeland, Polk Parkway, I-4 and downtown Orlando
- Easy access to notable schools, shopping, dining, sports facilities, parks and playgrounds
- Near open space, trails and natural bodies of water, such as Lake McLeod and Eagle Lake
Everyone who builds a brand-new Richmond American home from the ground up at Seasons at Sutton Preserve will have the opportunity to meet with a professional design consultant to choose colors, textures, finishes and fixtures for their new living spaces—a complimentary service!
Call 407.287.6285 for more information.
About M.D.C. Holdings, Inc.
Operating under the name Richmond American Homes, MDC's homebuilding subsidiaries have built more than 220,000 homes since 1977. Among the nation's largest homebuilders, MDC's subsidiary companies have operations in Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington. Mortgage lending, plus insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.
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SOURCE M.D.C. Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/09/07/richmond-american-set-build-new-community-polk-county/ | 2022-09-07T22:29:55Z |
Some schools hit hard by COVID-19 make few changes for new year
(AP) - As a new school year approaches, COVID-19 infections are again on the rise, fueled by highly transmissible variants, filling families with dread. They fear the return of a pandemic scourge: outbreaks that sideline large numbers of teachers, close school buildings and force students back into remote learning.
Some school systems around the country have moved to bolster staffing to minimize disruptions, but many are hoping for the best without doing much else differently compared with last year.
Even some of the districts that had the most disruptions to in-person schooling amid the spread of the highly contagious omicron variant point to few specific changes in their prevention efforts.
Among them is Baltimore County schools, where the number of days that individual schools in the district couldn’t offer in-person learning added together totaled 159 in January, according to data from the private research firm Burbio, which tracks over 5,000 school districts nationwide. District officials said they did not see a need to change protocols.
“We don’t anticipate significant changes to our plan; we don’t anticipate significant disruptions,” said Charles Herndon, a Baltimore County Public Schools spokesperson. “What we’re expecting to see is waves of COVID in 2022 and 2023, and I’m sure there are going to be times when more folks are going to be absent and there will be times when everything is OK.”
Still, the district is prepared to move classes online if necessary.
“We certainly hope we don’t have to go to that extreme, but it is an option should we need to consider it,” he said.
Teacher shortages remain a major concern, even bigger than COVID-19 itself, said Dan Domenech, executive director of AASA, an association of school superintendents.
“That is the greater concern – that they will have the necessary staff to man all the classrooms, to man all the programs – which will only be made worse if there is an outbreak of COVID,” he said.
Philadelphia’s schools illustrate how disruptive surges can be. Beginning in January the virus caused 114 city schools to go remote for an average of around eight days each — a total of 920 cumulative days of remote learning, more than any other district in Burbio’s data for January through June.
Amid shortages of substitute teachers, schools were forced to pull in central office staff, combine classrooms, or temporarily go remote, district spokesperson Marissa Orbanek said.
The district has switched to a new staffing agency and aims to fill 90% of substitute requests this year, said Orbanek. They also now have over 100 supplemental teachers, substitutes who show up at the same school every day in case of last-minute absences.
One parent, James Fogarty, saw his elementary school-age children go back to online learning several times last year in Pittsburgh, a district that saw 46 disruptions in the second half of last year. He said he hopes the district and communities can identify problems earlier and work on better solutions, like identifying backup options for families.
“How do we build systems that are flexible to meet the shocks when they happen other than just like saying to families, ‘Good luck, you’re on your own and I hope you don’t get fired because you have to miss your shift job,’” said Fogarty, the executive director of A+ Schools in Pittsburgh, an organization that promotes equity in schools. “That’s not a satisfying answer for me.”
Schools cannot afford more disruptions that distract them from the critical work of helping kids catch up, said Thomas Kane, an education policy researcher at Harvard. Students at lower-income schools that were doing remote learning for more than half a year lost the equivalent of 22 weeks of learning, he said, while higher-income schools lost 13 weeks.
“We’ve experienced a historic widening in achievement gaps between Blacks and whites, between Latinx students and whites, between high- and low-poverty schools,” he said. “If we don’t get active in trying to close those gaps, they’re going to become permanent and there will be huge consequences for kids.”
Schools are hopeful disruptions will be less likely as many districts have invested in better ventilation and vaccines are available to children as young as six months old. Besides ramping up hiring of substitutes, some of the districts that were hit hardest last year have been making small changes to their protocols.
At Baltimore City schools, which is separate from the county school system, officials say expanded access to rapid tests will help schools stay open if a new variant surges in the fall. The school previously relied on slower PCR tests, and when omicron cases spiked in January, the district’s testing regimen couldn’t keep up. The switch to a faster test helped the district avoid any schoolwide closures for the rest of the spring.
“We firmly believe that with the protocols we have in place that we’re going to be able to keep in-person learning going as the virus ebbs and flows and as new variants come — pending an unforeseen variant that really changes the game,” said Cleo Hirsch, director of the district’s COVID-19 response.
The school district in Montgomery County, Maryland, had 338 cumulative days of disrupted learning in January, the second-highest of all the districts in Burbio’s data. District spokesperson Christopher Cram said that was in part because of a policy that triggered hybrid or virtual learning automatically if the COVID case rate in a school rose to 5%. It is working on an updated safety plan for the new school year, he said.
In Columbus, Ohio, where the school system saw 106 disruptions due to staff absences at the start of 2022, the district did not point to any planned changes to its policies to prepare for potential surges in the new year. “As we look toward opening schools in August, the District will continue to follow its current mitigation protocols to help keep staff, students, and families safe,” spokesperson Jacqueline Bryant said.
Lolita Augenstein, president of the Council of PTAs in Columbus, said she’s optimistic that this year will be better. The district has focused on hiring teachers and substitutes, she said, and educators are better trained to teach online if needed.
“We may not have figured it all out, and there are new variants and there are new concerns that have popped up,” said Augenstein, whose daughter graduated from a district high school last school year. “But kids are resilient. ... The families are trained in going back and forth between remote and the building.”
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The Associated Press education team receives support from the Carnegie Corporation of New York. The AP is solely responsible for all content.
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Associated Press writers Brooke Schultz in Harrisburg, Pa., and Arleigh Rodgers in Indianapolis contributed to this report. They are corps members for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/25/some-schools-hit-hard-by-covid-19-make-few-changes-new-year/ | 2022-07-25T12:58:13Z |
SAN DIEGO, June 16, 2022 /PRNewswire/ -- Preferred Employers Insurance, a Berkley Company, welcomes workers' compensation specialist, Sandra Marquez, to the team. Sandra brings nearly two decades of successful underwriting, sales, and broker development experience to Preferred Employers Insurance. As Sales & Distribution Manager for Southern California, Sandra will be responsible for broker relationships, assisting producers in achieving sales objectives, client retention and growing sales volume profitably. She will also focus on further developing the Preferred Employers Insurance brand, its regional expertise and promotion throughout Southern California.
Commenting on the appointment, Dennis Levesque, President of Preferred Employers Insurance, said, "Preferred offers California business owners of all sizes a comprehensive portfolio of workers' compensation insurance services centered around clients' workplace safety and claims management needs. Sandra's extensive industry knowledge within the Southern California region will go a long way towards contributing to our success. We are pleased to have her join our team."
Preferred Employers Insurance, a Berkley Company, was founded in San Diego, CA in 1998. The business is known for serving its brokers and policyholders with the best combination of price and workers' compensation insurance services available in the state of California. Visit www.peiwc.com for more information. Please contact your insurance broker to access the products and services of Preferred Employers Insurance.
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SOURCE Preferred Employers Insurance | https://www.kxii.com/prnewswire/2022/06/16/preferred-employers-insurance-welcomes-new-industry-specialist/ | 2022-06-16T18:09:44Z |
DrTalks.com has partnered with Laura Frontiero, FNP-BC, and 40+ experts to dive into the explosive potential of mitochondria at an 8-day virtual summit.
CARLSBAD, Calif., Aug. 11, 2022 /PRNewswire/ -- Join DrTalks.com with the creator of "Reclaim Your Energy Edge," Laura Frontiero, FNP-BC, from Tuesday, August 23rd through Tuesday, August 30th for the Restore Your Mitochondrial Matrix Summit, a free virtual event exploring the impact of mitochondrial health on focus, energy, and productivity. Featured guests include Kashif Khan (CEO of The DNA Company), Cynthia Thurlow (Best-Selling Author), and Dr. Wendie Trubow (Functional Medicine Expert). Each expert will be interviewed directly by Laura Frontiero, FNP-BC.
We all experience two kinds of energy: body energy and cellular energy. We talk a lot about body energy. It's what we feel with a jolt of caffeine and lack when we miss a few hours of sleep. But cellular energy is deeper. It's the energy we create within our cells to do everything from sleeping and singing to writing novels and creating business plans. And it comes from healthy, functional mitochondria - aka the powerhouse of the cell. To be focused, productive, and thriving, you need healthy mitochondria.
The Restore Your Mitochondrial Matrix Summit brings together more than 50 guest speakers, including doctors, women's health experts, functional medicine practitioners, naturopaths, chronic illness experts, and more to discuss all the ways our mitochondria impact our mental and physical well-being. Topics will center around mitochondrial health, including signs of mitochondrial dysfunction, ways to support healthy mitochondria, complementary treatments, and more. Attendees will discover practical and effective ways to boost their energy, regain focus, and become the powerhouses of productivity they KNOW you can be - because they used to be!
This summit is for anyone who wants to supercharge the energy-creation center of their cells for improved focus, motivation, and productivity. Register for the Restore Your Mitochondrial Matrix Summit and reclaim your energy edge!
About Laura Frontiero: Laura Frontiero, FNP-BC, has spent more than 22 years blending traditional and functional medicine to help her clients boost their energy, balance their hormones, renew their mental focus, feel great in their bodies, and be productive again. She believes the key to optimal wellness is identifying and clarifying the root causes of our underlying health problems, starting with inflammation, gut health, and mitochondrial function.
Media Contact
Christi Simoneaux
christi@drtalks.com
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SOURCE DrTalks | https://www.kxii.com/prnewswire/2022/08/11/regain-your-energy-edge-with-supercharged-mitochondria/ | 2022-08-11T16:51:02Z |
‘There is a cop hiding behind this sign’: The story behind a popular billboard
By Adam Duxter
Click here for updates on this story
JORDAN, Minnesota (WCCO) — The Scott County Sheriff’s Office has joined together with an unlikely partner in the effort to slow down speeders – the Minnesota’s Largest Candy Store.
Located along Highway 169 in Jordan, the roadside attraction sees upwards of 20,000 cars pass by each day. Many of them go well above the posted 65 mph speed limit.
“This road is a fast road,” said Rober Wagner, who owns Minnesota’s Largest Candy Store. “When you back away from law enforcement on that road, the speed starts getting faster and faster and faster.”
Wagner says he’s used the signs outside his business to attract the attention of drivers since the location opened in 1978.
“I’m not going to say it’s road rage, but we experience the people really driving fast around us,” he said.
Wagner tried to propose the idea of using the signs to curtail speeders to multiple people.
“It had not gotten positive feedback,” he said.
That changed when he mentioned the idea to Scott County Sheriff Luke Hennen.
“I think law enforcement sometimes gets put in a box of – it’s simply enforcement or transactional, but really, it is community based. As a county sheriff, I embrace that,” Hennen said.
This week, the sign changed to read “slow down – there is a cop hiding behind this sign” for drivers headed south on 169. On the other side of the sign sits an empty Scott County Squad Car, along with the message: “shhhhhh, I’m waiting for a speeder.”
“[People have said)]‘Did you just see that? Did you know there’s a squad car out by the big sign?’,” Wagner said. “It gets your attention, you know, ‘Boom, hey what’s that?’”
A post showing the sign has since been shared over 2.4 thousand times from the Scott County Sheriff’s Facebook page.
“We were hoping to impact our local community,” Zellner said. “Now we’re seeing across the nation people are sharing the story and talking about it.”
Zellner says in addition to the sign, officers from multiple jurisdictions will patrol the area over the next week.
As for how long the sign will remain posted – Wagner says the response has extended the amount of time from one week to at least two. When the store opens for the season May 6, it will likely change.
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/cnn-regional/2022/04/16/there-is-a-cop-hiding-behind-this-sign-the-story-behind-a-popular-billboard/ | 2022-04-16T21:11:16Z |
LOS ANGELES (AP) — Liz Sheridan, who played doting mom to Jerry Seinfeld on his hit sitcom, died early Friday. She was 93.
Sheridan died in her sleep from natural causes, five days after her April 10 birthday, said Amanda Hendon, her longtime representative and friend. She did not provide further details, including where Sheridan was living.
Her “Seinfeld” role as Helen was her best known but followed decades of work on stage and screen. In the 1970s, Sheridan appeared on Broadway in plays and musicals, the latter including “Happy End” with Meryl Streep and “Ballroom.”
“She was always very grateful to her fans and felt blessed to have enjoyed decades of work in the entertainment business,” including performing in her one-woman show, “Mrs. Seinfeld Sings,” Hendon said in a statement.
Another “Seinfeld” mom, Estelle Harris, died two weeks ago on April 2. Harris, who played hot-tempered parent to Jason Alexander’s George Costanza, also was 93.
Sheridan had guest roles on TV series including “Kojak,” “Cagney & Lacey” and “Family Ties,” and played the pesky neighbor Raquel Ochmonek on “ALF” from 1986 to 1990. She was on “Seinfeld” for the show’s 1990 to 1998 run, playing opposite Barney Martin as her husband, Morty.
“How could anyone not like him?” Helen said of her beloved Jerry.
“Liz was always the sweetest, nicest TV mom a son could wish for,” Seinfeld said Friday on Twitter. “Every time she came on our show it was the coziest feeling for me. So lucky to have known her.”
In a 1998 interview with The Associated Press, Sheridan discussed how fond she had become of the comedian.
“I’ll hug him to say goodbye, and I’ll hug him to say hello,” she said. “I told him I love him like he was my son. He said, ‘I know. I love you and Barney like you were my father and mother.’ ”
The actor appeared in films including “Legal Eagles,” “Forget Paris” and “Wedding Bell Blues.” The 2010 TV movie “The Rooneys” was among her final credits.
In her book “Dizzy & Jimmy,” Sheridan recounted a romance in the early 1950s with a then-unknown James Dean. Sheridan, nicknamed Dizzy, was a young nightclub dancer in New York City when she met Dean. After they split, he became a star with films including “Rebel Without a Cause.” He died in a car crash in 1955, at age 24.
Born Elizabeth Ann Sheridan, the New York native was married to jazz musician William Dale Wales, who died in 2003. Sheridan is survived by her daughter and son-in-law, according to Hendon.
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AP Writers Andrew Dalton in Los Angeles and Ed Donahue in Washington, D.C., contributed to this report. | https://cw33.com/entertainment-news/ap-entertainment/liz-sheridan-jerrys-doting-mom-on-seinfeld-dies-at-93/ | 2022-04-16T00:55:48Z |
BEIJING, SHANGHAI and BOSTON, May 27, 2022 /PRNewswire/ -- Jacobio Pharma (1167.HK) is pleased to announce that the phase I clinical data of KRAS G12C inhibitor JAB-21822 will be presented in the form of poster at the upcoming 2022 annual meeting of American Society of Clinical Oncology (ASCO) from June 3, 2022 to June 7, 2022. Abstract was published on the ASCO's website today.
"JAB-21822 is one of Jacobio's programs targeting on KRAS pathway, we plan to explore the JAB-21822 in colorectal cancer, pancreatic cancer, and other indications. Meanwhile, Jacobio is exploring combination therapies of JAB-21822, such as in combination with SHP2 inhibitor. We are also developing novel drugs in KRAS pathway, including KRASmulti inhibitor (JAB-23400) and KRAS G12D inhibitor (JAB-22000)," said Dr. WANG Yinxiang, Chairman and CEO of Jacobio.
About the Abstract
A phase I/II study of first-in-human trial of JAB-21822 (KRAS G12C inhibitor) in advanced solid tumors.
Format: Poster Presentation
Abstract Number: 3089
Time: Sunday, June 5, 2022 8:00 AM-11:00 AM (CDT)
Track: Developmental Therapeutics - Molecularly Targeted Agents and Tumor Biology
As of January 28th, 2022, 53 patients with a median age of 62 years (39-79) were enrolled in 5 different dose levels: 200mg QD, 400mg QD, 800mg QD, 400mg BID and 400mg TID. A total of 33 patients (22 non-small cell lung cancer, 9 colorectal cancer and 2 pancreatic cancer) had at least 1 post-baseline tumor assessment.
- Patients with non-small cell lung cancer (400mg QD and 800mg QD), the overall response rate (ORR) and disease control rate (DCR) were 70% (7/10) and 100% (10/10), respectively.
- No dosing-limiting toxicities were observed.
JAB-21822 was well tolerated with impressive preliminary efficacy in patients with heavily treated solid tumors harboring KRAS G12C mutation. The clinical trial is still ongoing and the above data is as of January 28, 2022.
More data will be posted on the poster at the 2022 ASCO Annual Meeting, please visit www.asco.org for more information.
About JAB-21822
JAB-21822 is a KRAS G12C inhibitor independently developed by Jacobio. Jacobio has initiated a number of Phase I/II clinical trials in China, the United States and Europe for patients with advanced solid tumors, including monotherapy for STK11 co-mutated non-small cell lung cancer first-line treatment; combination therapy with SHP2 inhibitor, PD-1 monoclonal antibody and Cetuximab.
About Jacobio
Jacobio is committed to providing more products and solutions to people's health. Our mission is to provide compelling innovations for creating a pipeline of life-changing medicines. Our vision is to become a global leader recognized for our impact in drug R&D together with our partners. The company's R&D centers are located in Beijing, Shanghai and Boston, with a platform and expertise in developing allosteric inhibitors against protein tyrosine phosphatase, KRAS and transcriptional factors. Please visit www.jacobiopharma.com for more information.
Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to the Company, are intended to identify certain of such forward-looking statements. The Company does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of the Company with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, the Company's competitive environment, and political, economic, legal and social conditions in China.
The Company, the Directors and the employees of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialize or turn out to be incorrect.
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SOURCE Jacobio Pharma | https://www.wibw.com/prnewswire/2022/05/27/jacobio-will-present-phase-i-clinical-data-kras-g12c-inhibitor-jab-21822-2022-asco-annual-meeting/ | 2022-05-27T20:03:32Z |
(The Hill) – Jill Biden is putting her stamp on bridging the partisan divide, helping to unveil a new postage stamp that honors Nancy Reagan.
The first lady was on-hand Monday at the White House to give the first glimpse at the U.S. Postal Service stamp featuring the image of former President Reagan’s wife.
“Nancy Reagan served the American people with grace. She understood that the role of first lady came with inherent pitfalls and scrutiny,” Biden said.
Biden also said despite first ladies being “thrust into the national spotlight,” Reagan “found the humanity in it all.”
“She knew the potential of this role,” Biden said.
Praising Reagan for bringing attention to “issues that she cared about,” — including becoming an advocate for breast cancer screenings following her mastectomy and working towards Alzheimer’s disease research after her husband’s diagnosis — Biden said, “With this stamp, we are affirming that she made such a difference. You know we can all change the world in big ways and small ones and Mrs. Reagan reminds us that we need both.”
The stamp depicted the ex-executive mansion resident sporting a gown in her signature shade, dubbed “Reagan red.” The art for the stamp was based on Reagan’s official 1987 White House portrait created by painter Aaron Shikler.
“Isn’t this stamp just beautiful?” Biden exclaimed.
The forever stamp’s first day of issue, which was delayed a year due to the COVID-19 pandemic, will be on July 6. The date is timed to mark what would have been Reagan’s 101st birthday.
The move to reveal the new postal tribute to Reagan at the White House could be seen as a bipartisan nod by Biden. A 2018 Pew Research Center survey found that the majority of Republicans and Republican-leaning independents named Ronald Reagan, who served as commander in chief from 1981 to 1989, the best president in their lifetime.
Postmaster General Louis DeJoy and Fred Ryan, the chairman of the Board of Trustees of the Ronald Reagan Presidential Foundation and Institute also participated in the event, along with Nancy Reagan’s niece, Anne Petersen.
“Through our stamp program, the Postal Service seeks to commemorate and celebrate the very best of America, and Nancy Reagan truly represents that ideal,” DeJoy said.
Ryan lauded Reagan for bringing “warmth, wit and sense of style” to her role, telling a crowd in the East Room that she “developed a quiet ability to work behind the scenes to get things done in Washington — no small feat.”
Reagan, who died at age 94 in 2016, is part of an exclusive club: only five other former first ladies have appeared on commemorative forever stamps, with Lady Bird Johnson the most recent presidential spouse to be recognized back in 2012.
The stamp ceremony was one of series of centennial events held by the Reagan Presidential Foundation and Institute honoring Nancy Reagan that began last year, which the group said is aimed to “highlight her many contributions to the nation and her life of extraordinary achievements.” | https://cw33.com/news/stamp-honoring-nancy-reagan-unveiled-at-white-house/ | 2022-06-06T19:01:00Z |
The acquisition will strengthen Xebia's foothold in the functional programming domain
GURUGRAM, India, Aug. 23, 2022 /PRNewswire/ -- Xebia, a leading global IT consultancy and services company, has united with 47 Degrees, a US-based global technology consultancy focused on unlocking business growth by creating assured solutions for complex, mission-critical software.
47 Degrees has been focused on building and deploying innovative applications for its clients as well as actively engaging in the tech community since 2010. The company offers comprehensive consulting services in functional programming languages and related technologies, like Scala, Kotlin, Spark, Kafka, and Akka. While the company is headquartered in Seattle, Washington, they have strong footholds in Spain, the United Kingdom, and Colombia.
Its team handles the design, development, and deployment of applications for its clients so that companies can focus on their core business goals. Their engineers—with years of development expertise—coordinate with client teams to provide additional bandwidth and adapt mission-critical workflow.
Speaking about the collaboration, Mr. Anand Sahay, Global CEO, Xebia Group, said, "We are delighted to join forces with 47 Degrees and we believe that with their strong expertise in Scala, Kotlin as well as functional Java, this acquisition will establish our presence in the global market and also allow us to widen our functional programming expertise to Rust, Clojure, and Haskell. We aim to become one of the most significant one-stop-shop for all functional programming needs."
Nick Elsberry, CEO of 47 Degrees, said; "We're pleased to join forces with Xebia, strong supporters of the functional paradigm, to leverage and support our comprehensive services and expertise to our future and existing clients. Xebia not only aligns with our technology goals but our people-first methodologies, and we're excited about this next chapter."
Functional languages provide significant advantages while building highly scalable and parallelized systems. As the demand for such scalable systems is increasing exponentially among enterprises as well as innovative start-ups worldwide, there is a simultaneous demand for specialized talent that is unfragmented and can support the adoption of functional paradigms.
As a full stack software firm, Xebia is a firm believer in and promoter of functional programming in its solution blueprints. We believe that the consolidation of boutique functional companies can offer enterprises a strong option and build confidence in functional paradigms.
About Xebia
About 47 Degrees
Logo - https://mma.prnewswire.com/media/1883841/Xebia_Logo.jpg
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SOURCE Xebia; 47 Degrees | https://www.wibw.com/prnewswire/2022/08/23/xebia-global-technology-consultancy-47-degrees-join-forces/ | 2022-08-23T18:18:02Z |
SAN JOSE, Calif., June 17, 2022 /PRNewswire/ -- LiDAR autonomous vehicle startup Vueron Technology ("Vueron") has succeeded to obtain an autonomous vehicle permit that uses only one LiDAR sensor that no one has yet tried in California, where the numerous autonomous vehicle companies are fiercely competing.
The California Department of Motor Vehicles approved LiDAR-only autonomous vehicle testing permits for Vueron.
After that, it succeeded in driving 383 miles from Los Angeles to San Francisco via Interstate 5 and Interstate 580, for 6 hours at a maximum speed of 70mph. The safety driver who rode the vehicle for safety never held the steering wheel while a whole driving.
'LiDAR only autonomous driving permit' means Vueron is one big step closer to adapting LiDAR, which was expected to be expensive and difficult to apply, effectively to actual autonomous driving services and an everyday life
Generally, diverse sensors are used at the same time for autonomous driving, but Vueron has implemented self-driving by utilizing only one LiDAR sensor and has verified its solution through its self-driving tests in a variety of roadway conditions and environments.
The system of Vueron did not use any camera, radar, GPS, or HD Map, as it only implemented a self-driving system by using only one Spinning LiDAR sensor.
Next quarter, Vueron expects to unveil the next generation of LiDAR autonomous vehicle platforms that can be worked on immediately based on its experiences and technologies of LiDAR. Vueron will provide customers with an affordable price for many people rather than a high price and with a safer driving system through the LiDAR autonomous vehicle platform, which is about to be released in the near future.
Vueron has released a video of the actual self-driving from Los Angeles to San Francisco. Visitors can check Vueron's self-driving video which is the basis of the high LiDAR cognitive performance in this video. Visitors can also check more videos on Vueron's homepage.
[About Vueron Technology]
Vueron is building the next generation of LiDAR autonomous driving solution, differentiated from existing technology. Established in 2019, Vueron has provided a solution that enables autonomous driving services based on the company's AI technology and LiDAR. In 2020, it has already been the first in the world to obtain an autonomous driving permit with only one LiDAR sensor and prove self-driving services, and in 2022, it has obtained a self-driving permit by using one LiDAR sensor from the California DMV. Vueron is back by top-tier strategic partners and investors, including Naver(035420.KS), Korea Development Bank, Bonangels Venture partners, Daesung Private Equity(027830.KQ), and others. For more information, visit www.vueron.org.
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SOURCE Vueron Technology Co., Ltd | https://www.kxii.com/prnewswire/2022/06/17/vueron-technology-has-been-approved-lidar-only-autonomous-vehicle-permits-california-dmv/ | 2022-06-17T16:58:24Z |
HANGZHOU, China, May 5, 2022 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), a leading technology-focused intelligent learning company in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
On May 4, 2022, the U.S. Securities and Exchange Commission (the "SEC") provisionally named the Company as a Commission-Identified Issuer after the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the SEC on April 28, 2022, which included an audit report issued by a public accounting firm that the Public Company Accounting Oversight Board (the "PCAOB") has determined that it is unable to inspect or investigate completely. The Company has previously disclosed that its auditor, the independent registered public accounting firm that issued the audit report included in its annual report filed with the SEC, is currently not inspected by the PCAOB, hence the identification by the PCAOB was expected.
In accordance with the HFCAA, if the SEC determines that a company has filed audit reports issued by a registered public accounting firm that cannot be inspected or investigated completely by the PCAOB for three consecutive years beginning in 2021, the SEC shall prohibit its shares or American depositary shares (the "ADSs") from being traded on a national securities exchange or in the over-the-counter trading market in the United States. In addition, legislation is being considered in the United States to shorten the number of non-inspection years from three years to two.
The Company's ADSs, each of which represents one Class A ordinary share, continue to trade uninterrupted on the New York Stock Exchange.
The Company will continue to monitor market developments and evaluate all strategic options, with the appropriate counsel and guidance. The Company also notes that this update has no impact on its business operations.
About Youdao, Inc.
Youdao, Inc. (NYSE: DAO) is a leading technology-focused intelligent learning company in China dedicated to developing and using technologies to provide learning content, applications and solutions to users of all ages. Building on the popularity of its online knowledge tools such as Youdao Dictionary and Youdao Translation, Youdao now offers smart devices, STEAM courses, adult and vocational courses, and education digitalization solutions. In addition, Youdao has developed a variety of interactive learning apps. Youdao was founded in 2006 as part of NetEase, Inc. (NASDAQ: NTES; HKEX: 9999), a leading internet technology company in China.
For more information, please visit: http://ir.youdao.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. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. 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. Further information regarding such 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.
For investor and media inquiries, please contact:
In China:
Jeffrey Wang
Youdao, Inc.
Tel: +86-10-8255-8163 ext. 89980
E-mail: IR@rd.netease.com
The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: youdao@thepiacentegroup.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: youdao@thepiacentegroup.com
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SOURCE Youdao, Inc. | https://www.wibw.com/prnewswire/2022/05/05/youdao-provides-update-status-under-holding-foreign-companies-accountable-act/ | 2022-05-05T13:54:12Z |
Imaging Spectroscopic Ellipsometry and Active Vibration Isolation Add to Park's Nanometrology Business Portfolio
SEOUL, South Korea, Sept. 2, 2022 /PRNewswire/ -- Park Systems Corp. today announced that it has acquired Accurion GmbH, a privately held company that develops and manufactures imaging spectroscopic ellipsometers and active vibration isolations. This acquisition adds to Park's portfolio of atomic force microscopy and white-light interferometric microscopy. Financial details of the transaction were not disclosed.
Headquartered in Goettingen, Germany, Accurion GmbH has pioneered the field of imaging spectroscopic ellipsometry. Originally a spin-off from the Max Planck Institute for biophysical chemistry, the company started out designing the Brewster angle microscope for the characterization of ultrathin films. As these microscopes turned out to be sensitive to vibrations, the division of active vibration isolation followed.
Accurion's Imaging Ellipsometers combine the benefits of ellipsometry and optical microscopy in a single device. The unification of the two technologies creates a unique metrology tool that redefines the limits of both ellipsometric measurements and polarization-contrast microscopy. The enhanced spatial resolution of imaging ellipsometers expands ellipsometry into new areas of microanalysis, microelectronics, and bio analytics.
"This is Park's very first business acquisition in the company's history, and we are very excited to add this storied, high-tech company to our business," said Dr. Sang-il Park, CEO of Park Systems. "Accurion's imaging ellipsometers and active vibration isolation will have wide range of product and business synergies with Park's existing line of atomic force microscopy that will benefit our customers and investors alike."
"We are honored to become a part of Park Systems," added Stephan Ferneding, co-founder and CEO of Accurion. "We are excited that Park's expertise and global sales and service reach in automated systems for industrial manufacturing will take the business to the next level. We look back on 30 years of valuable experience enabling technological and scientific progress for customers around the world. We look forward to continuing the success together with a strong partner like Park Systems."
Accurion provides high-end and reliable state-of-the-art technology in two product lines: Imaging Ellipsometry and Active Vibration Isolation. In 2009, Halcyonics GmbH, specialist for active vibration isolation solutions and Nanofilm Technology GmbH, expert for surface analyzing tools merged into Accurion GmbH. Looking back on 30 years of valuable experience enabling technological and scientific progress for customers around the world, Accurion designs and manufactures advanced instrumentation for challenging measurement tasks,
Park Systems is the fastest growing and world-leading manufacturer of atomic force microscopy (AFM) systems, with a complete range of products for researchers and engineers in the chemistry, materials, physics, life sciences, semiconductor and data storage industries. Mission is to enable nanoscale advances for scientists and engineers solving the world's most pressing problems and pushing the boundaries of scientific discoveries and engineering innovations. Customers of Park Systems include most of the world's top 20 largest semiconductor companies and national research universities in Asia, Europe and the Americas. Park Systems is a publicly traded corporation on the Korea Stock Exchange (KOSDAQ) with corporate headquarters in Suwon, Korea, and regional headquarters in Santa Clara, California, Mannheim, Paris, Beijing, Tokyo, Singapore, India, and Mexico City. To learn more about Park Systems, please visit www.parksystems.com.
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SOURCE Park Systems Corp | https://www.wibw.com/prnewswire/2022/09/02/park-systems-acquires-accurion-gmbh/ | 2022-09-02T15:39:32Z |
Men's skin & hair-care brand, Black Wolf Nation has doubled its strategic business efforts by joining forces with Push The Envelope PR.
WEST PALM BEACH, Fla., Aug. 8, 2022 /PRNewswire/ -- Fast growing, high-performance, solution-focused men's skincare brand, Black Wolf Nation, has announced a public relations partnership with bi-coastal PR agency, Push The Envelope PR to elevate brand awareness, expand retail partnerships, and increase sales growth.
In 2018, brothers, Sam and Alex Lewkowict launched Black Wolf Nation, a high- quality, affordable skincare line, specifically formulated for the daily needs and concerns of men. Since its launch, the brand has received increased consumer demand, and as a result, has expanded its product line into personalized hair care and body care. Alongside product expansion, Black Wolf Nation is now available for purchase at top retailers, including Amazon, CVS, Urban Outfitters, with additional big box retail partnerships to follow later this year.
"With this partnership between PTE and Black Wolf, we are excited to build our brand, expand our awareness and work to bring more men into The Black Wolf Nation," shares Sam Lewkowict, co-founder of Black Wolf Nation.
With a powerhouse of talented publicists that actively scale brands utilizing vast industry knowledge, the expertise of creative storytelling, and competitive brand positioning, PTE PR will support Black Wolf's journey in heightening brand awareness by connecting consumers to the brand, driving excitement, and placing Black Wolf ahead of competitors in relevant and crucial industry discussions.
"Black Wolf Nation fulfills a gap need within the men's skin, hair, and body care market. As a PR agency, our team is ecstatic to strategically represent a brand that breaks barriers and provides consumers with easy and affordable access to solution-focused products catered to the daily needs of men," shares Christie Corso from Push The Envelope PR.
Push The Envelope PR will collaborate with Black Wolf Nation to capture key messaging and brand voice to successfully leverage the brand's extensive product line, two founders, and major retail partnerships across all national media verticals including digital, print, and broadcast.
In a confusing world with too many different brands and even more confusing products, Black Wolf makes simple, solution focused products for problems that real men suffer with.
Black Wolf makes the best skincare and grooming products for high-performance men. Our goal is to get every guy in the world to stop using 5-in-1 body wash, and to start taking their grooming seriously…but not TOO seriously. We provide an approachable masculine option in a sea of brands and products that speak more to females or skincare experts than to most men. For more information, please visit: http://www.blackwolfnation.com/www.blackwolfnation.com // @blackwolfnation
Push the Envelope PR is a full-service boutique PR agency representing a thoughtfully curated collection of beauty, grooming, fashion, and lifestyle brands. Since 2006, the agency's creative strategies, industry tools, and strong media relationships have launched, elevated and scaled brands of all sizes. Utilizing a multi-tier approach that spans across communication strategy & positioning, media relations, influencer marketing, strategic partnerships, and events, PTE PR places brands at the forefront of media exposure with unmatched levels of consistency and results. For more information, please visit: www.pushtheenvelopepr.com // @pushtheenvelopepr
Press Contact:
Push The Envelope PR
Christie Corso
732.534.5132
Christie@pushtheenvelopepr.com
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SOURCE Black Wolf Nation | https://www.kxii.com/prnewswire/2022/08/08/black-wolf-nation-partners-with-push-envelope-pr/ | 2022-08-08T12:40:33Z |
Revised IOI Continues to Significantly Undervalue Ceragon and Remains Highly Conditional
Ceragon Urges its Shareholders to Protect Their Investment by Voting the WHITE Proxy Card AGAINST Aviat's Attempt to Take Control of the Board
ROSH HA'AIN, Israel, Aug. 8, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) (the "Company", "Ceragon", "we", "us", or "our") today issued the following letter to shareholders concerning the response of Ceragon's Board of Directors (the "Board") to the revised unsolicited, highly conditional, non-binding indication of interest from Aviat Networks, Inc. (NASDAQ: AVNW), a competitor of Ceragon.
The letter to shareholders and other supplemental information will be posted to Ceragon's investor relations website here.
The full text of the letter to shareholders follows:
Dear Fellow Shareholder,
A few days ago, Ceragon received a revised indication of interest ("Revised IOI") from its competitor, Aviat Networks, Inc. ("Aviat"), to acquire Ceragon at a price of $3.08 per share. After a careful and thorough review, conducted in consultation with our independent financial and legal advisors, the Board unanimously concluded that Aviat's Revised IOI continues to significantly undervalue the Company and is not in the best interests of Ceragon shareholders.
To be clear, Ceragon is focused on maximizing value for all shareholders and we remain open to exploring a transaction with Aviat or anyone else, but only if such combination delivers full, fair and certain value to Ceragon shareholders. We have met with Aviat multiple times (including with directors from our respective boards) to explore a transaction. However, Aviat's Revised IOI continues to fall far short.
Aviat's slightly improved Revised IOI continues to significantly undervalue the Company on a variety of financial metrics – its implied multiples are below precedent transaction and public company trading multiples, and the indicative price is well below every research analyst price target. It also does not take into account the Company's strong business momentum, as reflected in our growing backlog, market share gains and gross margin enhancement.
Aviat has launched its proxy campaign to advance its low-ball, highly conditional bid. They are attempting to replace our highly qualified directors with their unqualified, hand-picked nominees to take control of the Board and be entrusted with leading negotiations on your behalf for a potential transaction with Aviat. We urge shareholders to protect their investment by voting only on the WHITE proxy card AGAINST Aviat's attempt to take control of the Board and ignoring Aviat's gold proxy card.
Ceragon Has Strong Business Momentum that We Expect Will Create Shareholder Value
Last week, Ceragon announced its second quarter financial results. We are demonstrating continued momentum across a variety of key financial metrics in growing market share, revenue and margins, including:
- #1 global provider of best-of-breed solutions, now with 25% market share
- $179 million of bookings in 1H'22 driven by the continued rollout of 5G across the globe
- $39 million of North American bookings (Aviat's backyard) in 1H'22, now Ceragon's largest market at 26% of total bookings in 2Q'22 (tied with India)
- 30.3% gross margin in 2Q'22, reflecting a 280 basis point increase versus 1Q'22, driven by a mix shift to higher software sales, actions taken to reduce shipping costs and other measures taken to reduce production costs
Don't just take our word for it – independent third-party research analysts agree1:
- "We're encouraged by Ceragon's steady execution and gross margin improvement, and see potential for stronger results/upside as supply chain/shipping constraints ease and newer demand drivers ramp" – Oppenheimer (1 August 2022)
- "We expect revenues to accelerate as supply chains improve enabling Ceragon to start to ship to its massive backlog and new orders should remain healthy as the new products and 5G demand start to take hold. Based on this, we think revenue growth will accelerate, profitability will improve, and the multiple will appreciate" – Needham (1 August 2022)
- "We continue to believe that positive mix shift to 5G bookings will represent a key driver for both top line growth as well as margin expansion opportunity for Ceragon longer term" – Aegis (1 August 2022)
While there is more work to be done, we are excited about the progress we are making and our outlook for the future. With the strength of our core business, combined with our new growth initiatives and supply chain normalization, we expect to drive revenue of $325–345 million in the full year 2023, and are targeting revenue of approximately $500 million and gross margins of at least 34–36% within the next five years. Our guidance is, of course, subject to potential downsides and upsides as we continue to address supply chain challenges facing the industry.
Aviat's Revised IOI Continues to Significantly Undervalue Ceragon and Remains Highly Conditional
Our Board has unanimously concluded, with the assistance of independent financial and legal advisors, that the slightly improved Revised IOI of $3.08 continues to significantly undervalue Ceragon. This view is supported by a variety of financial metrics, including precedent transactions, peer trading multiples and research analyst price targets.
Many of our shareholders that we have spoken with, including our largest shareholder, believe that Aviat's Revised IOI is well below the value of Ceragon.
Aviat has also failed to demonstrate that they can provide deal certainty and has a track record of abandoning late-stage negotiations:
- On multiple occasions, including with Ceragon as well as another company with which our directors are involved, Aviat abandoned negotiations after the companies had exchanged confidential and sensitive information and had drafted a near-final agreement
- When we last met with Aviat in June, they had proposed a reverse termination fee2 that was well below market precedents, particularly as compared to transactions involving close competitors
- We communicated that we needed appropriate deal protections to ensure Ceragon's shareholders would be protected in the event Aviat were to try to walk away from an agreement, but we indicated that we would be willing to further negotiate deal protection matters as we continued our discussions
- Aviat also agreed at that June meeting to provide a due diligence list – instead of providing that list and continuing negotiations, Aviat responded with a public hostile campaign without warning six days later
Given their low-ball Revised IOI and unwillingness to provide deal certainty, it is clear why Aviat's nominees should not be put in charge of negotiating a deal with Aviat on behalf of Ceragon shareholders.
Aviat's Nominees Are Unqualified to Serve Ceragon Shareholders
Aviat is proposing that Ceragon's shareholders approve director nominees hand-picked by Aviat to control Ceragon's Board with little regard to Ceragon's business. Their slate of director candidates does not satisfy the criteria established by our Nomination Committee or that an objective third-party would deem relevant for a telecom company. None of Aviat's nominees have telecom experience and all of Aviat's nominees have either no or problematic board experience.
Given that Aviat's nominees do not have the requisite expertise to lead a sophisticated, market-leading telecom company, we can only infer that they were nominated solely to force a low-ball sale to Aviat. This is particularly troubling because if Aviat's nominees take control of the Ceragon Board, Aviat can reduce their price (again), execute a transaction that allows Aviat to walk away without serious consequence, or destroy Ceragon from inside the Boardroom.
This further proves that electing Aviat's director nominees and putting them in charge of deal negotiations for Ceragon is not in the interest of Ceragon shareholders.
Aviat has Also Launched a Campaign that Violates our Articles and Without Legal Basis
Aviat has launched its proxy fight in a way that violates our shareholder-approved Articles, which only allow the appointment of up to three director nominees rather than the five Aviat proposed at the upcoming Extraordinary General Meeting of shareholders ("EGM") – and only in the event that all three Ceragon directors that they propose to remove are indeed removed. In support of their proxy fight, Aviat has also issued a proxy statement and a gold proxy card that have no legal basis. Please disregard any gold proxy card that you may receive from Aviat.
Ceragon's Directors are Highly Qualified and Proven Value Creators with Decades of Experience Supporting M&A Transactions
Ceragon's Board is singularly focused on the best interests of the Company and on maximizing value for Ceragon's shareholders. Our Board is comprised of leaders with substantial telecom and public company board experience. In addition, our Board continues to refresh itself, including the addition of three new independent directors at last year's AGM.
Furthermore, the attacks on our directors that Aviat has specifically targeted have no merit. How is the association with our Chairman, Zohar Zisapel, one of the prominent leaders of Israeli telecom with substantial experience in creating value for shareholders, a negative? His track record of founding and successfully leading numerous companies has significantly benefited our Board and company.
Moreover, our directors have served as executives and directors of many companies that have created meaningful shareholder value, and have a robust track record of supporting M&A that deliver fair value to shareholders:
- Zohar Zisapel: One of the prominent leaders of Israeli telecom with substantial experience in creating value for shareholders (>100% TSRs at Amdocs and Silicom)
- Ira Palti: Has successfully helped transition CEO role to Doron
- Yael Langer: Oversaw sales of companies on 5 separate occasions (Radlan, RND, Sanrad, RiT, Radvision); 481% TSR while on the board of Radware
- David Ripstein: 311% TSR while in role at Radcom
- Ilan Rosen: 39% during his tenure at VocalTec, culminating in the merger with Tdsoft
- Shlomo Liran: 118% TSR at Maytronics, 68% TSR at Minrav
- Rami Hadar: Extensive M&A experience as the co-founder, CEO and/or C-level exec of three different Telecom companies
Indeed, our Board has been open to exploring a potential transaction with Aviat, having met with its representatives many times since 2017. We remain willing to consider a potential combination with Aviat, but only if such combination delivers full, fair and certain value to Ceragon shareholders. We will not, however, sell the Company at an inadequate price or enter into a sale transaction that has a high degree of uncertainty.
Our Commitment to Ceragon Shareholders
We have spoken with many of our shareholders, and appreciate the valuable input and support received from them to date and look forward to continued dialogue. Our Board continues to be focused on maximizing the value of the Company for our shareholders. We have substantial momentum in our business, and we remain open to exploring a transaction with Aviat (or anyone else) if they propose a full and fair transaction for Ceragon shareholders. However, we sincerely believe Aviat's highly conditional and low-ball Revised IOI is not in the best interest of Ceragon's shareholders.
We urge Ceragon's shareholders to protect their investment by voting the WHITE proxy card "AGAINST" Aviat's attempt to take control of the Board and ignoring Aviat's gold proxy card.
If you have any questions or require any assistance with voting your shares, please contact the Company's proxy solicitor, Morrow Sodali LLC at 800-662-5200 (toll-free in North America) or +1 203-658-9400 or email at CRNT@info.morrowsodali.com.
Best regards,
The Ceragon Board
About Ceragon Networks
Ceragon Networks Ltd. (NASDAQ: CRNT) is the global innovator and leading solutions provider of 5G wireless transport. We help operators and other service providers worldwide increase operational efficiency and enhance end customers' quality of experience with innovative wireless backhaul and fronthaul solutions. Our customers include service providers, public safety organizations, government agencies and utility companies, which use our solutions to deliver 5G & 4G broadband wireless connectivity, mission-critical multimedia services, stabilized communications, and other applications at high reliability and speed.
Ceragon's unique multicore technology and disaggregated approach to wireless transport provides highly reliable, fast to deploy, high-capacity wireless transport for 5G and 4G networks with minimal use of spectrum, power, real estate, and labor resources. It enables increased productivity, as well as simple and quick network modernization, positioning Ceragon as a leading solutions provider for the 5G era. We deliver a complete portfolio of turnkey end-to-end AI-based managed and professional services that ensure efficient network rollout and optimization to achieve the highest value for our customers. Our solutions are deployed by more than 400 service providers, as well as more than 800 private network owners, in more than 150 countries. For more information please visit: www.ceragon.com.
Ceragon Networks® and FibeAir® are registered trademarks of Ceragon Networks Ltd. in the United States and other countries. CERAGON ® is a trademark of Ceragon Networks Ltd., registered in various countries. Other names mentioned are owned by their respective holders.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This document contains statements that constitute "forward-looking statements" within the meaning of the Securities Act of 1933, as amended 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 Ceragon's management about Ceragon's business, financial condition, results of operations, micro and macro market trends and other issues addressed or reflected therein. Examples of forward-looking statements include, but are not limited to, statements regarding: projections of demand, revenues, net income, gross margin, capital expenditures and liquidity, competitive pressures, order timing, supply chain and shipping, components availability, growth prospects, product development, financial resources, cost savings and other financial and market matters. You may identify these and other forward-looking statements by the use of words such as "may", "plans", "anticipates", "believes", "estimates", "targets", "expects", "intends", "potential" or the negative of such terms, or other comparable terminology, although not all forward-looking statements contain these identifying words.
Although we believe that the projections reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations therefrom will not be material. Such forward-looking statements involve known and unknown risks and uncertainties that may cause Ceragon's future results or performance to differ materially from those anticipated, expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, any ongoing actions taken and future actions that may be taken by Aviat Networks Inc. or other stockholders or others; the continuing impact of the components shortage due to the global shortage in semiconductors, chipsets, components and other commodities, on our supply chain, manufacturing capacity and ability to timely deliver our products, which have caused, and could continue to cause delays in deliveries of our products and in the deployment of projects by our customers, risk of penalties and orders cancellation created thereby, as well as profit erosion due to constant price increase, payment of expedite fees and costs of inventory pre-ordering and procurement acceleration of such inventory, and the risk of becoming a deadstock if not consumed; the continued effect of the global increase in shipping costs and decrease in shipping slots availability on us, our supply chain and customers, which have resulted, and may continue to result in, price erosion, late deliveries and the risk of penalties and orders cancellation due to late deliveries; the impact of the transition to 5G technologies on our revenues if such transition is developed differently than we anticipated; the risks relating to the concentration of a major portion of our business on large mobile operators around the world from which we derive a significant portion of our ordering, that due to their relative effect on the overall ordering coupled with inconsistent ordering pattern and volume of business directed to us, creates high volatility with respect to our financial results and results of operations; the effect of the competition from other wireless transport equipment providers and from other communication solutions that compete with our high-capacity point-to-point wireless products; the continued effect of the COVID-19 pandemic on the global economy and markets and on us and on the markets in which we operate and our and our customers, providers, business partners and contractors business and operations; the risks relating to increased breaches of network or information technology security along with increase in cyber-attack activities, growing cyber-crime threats, and changes in privacy and data protection laws, that could have an adverse effect on our business; risks associated with any failure to meet our product development timetable, including delay in the commercialization of our new chipset; imposition of additional sanctions and global trade limitations in connection with Russia's invasion to Ukraine, the effects of general economic conditions and trends on the global and local markets in which we operate and such other risks, uncertainties and other factors that could affect our results, as further detailed in Ceragon's most recent Annual Report on Form 20-F and in Ceragon's other filings with the Securities and Exchange Commission.
Such forward-looking statements, including the risks, uncertainties and other factors that could affect our results, represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. Such forward-looking statements do not purport to be predictions of future events or results and there can be no assurance that it will prove to be accurate. Ceragon may elect to update these forward-looking statements at some point in the future but the company specifically disclaims any obligation to do so except as may be required by law.
Ceragon's public filings are available on the Securities and Exchange Commission's website at www.sec.gov and may also be obtained from Ceragon's website at www.ceragon.com.
ADDITIONAL INFORMATION
Ceragon has filed a definitive proxy statement and WHITE proxy card with the U.S. Securities and Exchange Commission (the "SEC") in connection with its solicitation of proxies for the 2022 Extraordinary General Meeting of Ceragon Shareholders (the "2022 Extraordinary General Meeting"). CERAGON SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT (AND ANY AMENDMENTS AND SUPPLEMENTS THERETO) AND ACCOMPANYING WHITE PROXY CARD AS THEY CONTAIN IMPORTANT INFORMATION. Shareholders may obtain the proxy statement, any amendments or supplements to the proxy statement and other documents as and when filed by Ceragon with the SEC without charge from the SEC's website at www.sec.gov.
Ceragon Investor & Media Contact:
Maya Lustig
Ceragon Networks
Tel. +972-54-677-8100
mayal@ceragon.com
1 Permission to Use Quotes Neither Sought Nor Obtained
2 A standard feature in similar transactions designed to protect selling shareholders from the acquiror simply walking away from a transaction after receiving access to confidential information
3 TSR relative to S&P 500 over the period between May 2016 and July 2020, including reinvestment of dividends
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SOURCE Ceragon Networks Ltd. | https://www.kxii.com/prnewswire/2022/08/08/ceragons-board-unanimously-rejects-aviats-revised-indication-interest/ | 2022-08-08T12:41:22Z |
Officer suspended for off-duty actions at abortion protest
PROVIDENCE, R.I. (AP) — A Rhode Island police officer accused of punching a woman at an abortion protest while he was off-duty was suspended from his job with pay Saturday while the Providence Police Department conducts a criminal investigation into his actions.
Jennifer Rourke, Rhode Island Political Cooperative Chairwoman and a state Senate candidate, told the Providence Journal she was punched in the face at least twice by Jeann Lugo, who had been running for the GOP nomination for a Rhode Island state senate seat.
Lugo told the Journal he was “not going to deny” the punching allegation, but added that “everything happened very fast.”
“As an officer that swore to protect and serve our communities, I, unfortunately, saw myself in a situation that no individual should see themselves in,” he said in the email to the Boston Globe. “I stepped in to protect someone that a group of agitators was attacking.”
Lugo did not immediately respond to a request for comment from The Associated Press.
Video of the event posted online shows two other individuals involved in a physical altercation at the protest right before a woman, apparently Rourke, is seen being hit. The video does not show what happened between Lugo and Rourke prior to Rourke being hit.
Rourke is seeking the Democratic nomination in the September primary to run for the Rhode Island state Senate. Lugo had been seeking the Republican nomination to run for the same seat.
“I’m a Black woman running for office,” Rourke told the Journal. “There was no need, no need for any of this. I’m not going to give up.”
In a call with The Associated Press, Rourke said the incident occurred as she was attempting to escort a counterprotester who had agreed to leave. As she was leading the man off the premises, she said, another physical altercation broke out, at which point she was punched in the face multiple times by Lugo.
Rourke said she has never interacted with Lugo before and did not know he would be at the protest.
“I’m disappointed he chose to use violence in this way. As a police officer, he’s trained to deescalate. He did not do what he was trained to do,” she said.
Rourke sought medical care and received a CT scan on Saturday afternoon. She said she was doing OK but was experiencing a lot of tenderness in her face and ringing in her ears.
She said she had pressed charges against Lugo.
At midday Saturday, Lugo tweeted that he was dropping out of the race.
“I will not be running for any office this fall,” he said.
Providence Mayor Jorge Elorza addressed the conflict in a tweet but said he was limited in what he could say.
“I’ve seen the video and it’s immensely disturbing,” Elorza said. “Those responsible will be held fully accountable.”
In a news release announcing the suspension, Providence police said the suspended officer was a three-year veteran.
The altercation occurred during a Friday protest outside the Rhode Island State House in Providence that was in response to the decision by the U.S. Supreme Court that overturned Roe v. Wade, the 1973 decision that had provided a constitutional right to abortion.
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This version has been corrected to show Rourke and Lugo were each seeking their party’s nomination to run for the same state senate seat, but were not direct political opponents.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/26/officer-suspended-off-duty-actions-abortion-protest/ | 2022-06-26T00:30:00Z |
ALBANY, N.Y. (AP) — As part of an effort to keep illegal drugs and other contraband out of state prisons, New York is taking away one of the few pleasures of life behind bars: It will no longer let people send inmates care packages from home.
Under the new policy, which the state began phasing in last month, friends and family aren’t allowed to deliver packages in person during prison visits. They also won’t be allowed to mail boxes of goodies unless those come directly from third-party vendors.
While the rule won’t stop prisoners from getting items that can be ordered online, like a Snickers bar or a bag of Doritos, they will lose access to foods like home-cooked meals or grandma’s cookies.
That’s a letdown for people like Caroline Hansen, who for 10 years hand-delivered packages filled with fresh vegetables, fruits, and meats to her husband, who is serving a life sentence.
“When I first started bringing him packages, he said he loved avocados. He hadn’t had them in about 20 years,” said Hansen, a single mother of two who works as a waitress in Long Island.
“What breaks my heart is, I take for granted having a banana with my yogurt. Imagine never being able to eat a banana?” she added, saying her husband’s prison cafeteria serves bananas once a month, at most.
New York had been one of the few states in the nation that still allowed families to send packages to inmates from home. The rule is already in effect in a majority of state prisons.
Starting this month, the state prison system is also testing a program where inmates will be blocked from getting most letters sent on paper. Instead, incoming letters will be scanned by computer, and prisoners will get copies.
The change is being made to try and head off a trend of people soaking letters in drugs to smuggle them past authorities. Multiple states including Ohio, Wisconsin, Michigan, Nebraska and Pennsylvania, already photocopy incoming mail to prevent drugs from being delivered to inmates. The federal Bureau of Prisons began a similar practice in 2019.
New York’s Department of Corrections and Community Supervision said in a statement that the two new policies are necessary to stop contraband.
Contraband has been smuggled into prisons in a number of ways: books laced with heroin, weapons and unauthorized electronics like phones hidden in packages, and letter mail soaked in drugs like methamphetamine or a synthetic cannabinoid, also known as K2.
When packages are received by a prison, officers remove the items from the box to inspect the items visually or through an X-ray machine. If there is reason for suspicion, officers are allowed to open sealed packages for further inspection.
Those checks, though, aren’t perfect, and authorities believe items slip through.
Critics of the package ban questioned its effectiveness, noting that prohibited items are sometimes brought in by corrupt prison staff.
California stopped allowing people to send packages directly to inmates in 2003. Instead, inmates and families can order items through an approved vendor list provided by the state. In Florida, families also aren’t allowed to send packages from home.
Prisoner advocates and families of inmates say the package policy is too restrictive — and an added financial burden.
Wanda Bertram, a communications strategist at the Prison Policy Initiative, called prison food a “nutritional nightmare,” and said some incarcerated people rely on care packages to keep a healthy diet.
Relatives of inmates often rely on private vendors like Walkenhorst and Jack L. Marcus Company, which specialize in sending allowed goods to prisoners, but items bought from third-party vendors can be more expensive.
Before his release from Sing Sing Correctional Facility in New York, former prisoner Wilfredo Laracuente said he was able to order a 35-pound (16-kilogram) package for himself containing packaged cakes, cookies, chips, soaps, shampoo, and some toiletries.
It cost $230 — the kind of money most prisoners don’t have.
“This is going to be the beginning of the end, where they stop everything under the guise of security and contraband,” said Laracuente, who served two decades in prison for murder and now facilitates workshops that help recently released inmates reintegrate into society. “What they’re doing is removing the human component that’s very vital and necessary for the reentry process.”
Even before the ban, families often complained that sending packages was unreliable.
Angelica Watson, whose husband and brother are both incarcerated, said she tried to send packages to them monthly, but food items didn’t always make it through before they spoiled.
“Most of it was nonperishable items,” said Watson, who lives in Buffalo. “I tried to do fresh, but it wasn’t a good idea because they’d hold it in their storage rooms and it would go bad.”
Hansen, whose husband is serving time for killing a cab driver, said having to order goods through vendors that charge “ridiculous prices,” was no solution to the contraband problem.
“My husband basically thinks this is one more way to deprive him of his basic necessities,” Hansen said.
More than 60 families of inmates sent grievance letters to New York Assemblymember David Weprin, the Democratic chair of the Assembly’s Committee on Correction. Weprin criticized the new policy.
The package restriction was first introduced in 2018 through a pilot program at three state prisons, where families could only send packages through a list of six preapproved online vendors. It was quickly rescinded by then-New York Gov. Andrew Cuomo, a Democrat, because of public backlash and criticism.
___
Maysoon Khan is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Maysoon Khan on Twitter. | https://cw33.com/news/u-s-news/ap-us-headlines/new-york-restricts-families-from-sending-packages-to-inmates/ | 2022-08-14T17:16:23Z |
REHOVOT, Israel, Aug. 4, 2022 /PRNewswire/ -- Nova (Nasdaq: NVMI) today announced financial results for the second quarter, the three-month period ended June 30, 2022.
- Record quarterly revenue of $141.6 million. Up 45% year over year
- GAAP net income of $34.9 million, or $1.09 per diluted share. Up 42% year over year on a per-share basis
- Non-GAAP net income of $39.5 million, or $1.24 per diluted share. Up 38% year over year on a per-share basis
- Record Optical CD Standalone revenue driven by multiple customer selections
- Diversified geographic mix, including four major territories contributing over 15% of revenue each
- Continued proliferation of Nova METRION®. Selected by Advanced Logic Manufacturer
A reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements included in this release. See also "Use of Non-GAAP Adjusted Financial Measures" section.
"Nova delivered sound results for the second quarter, demonstrating strength in all product lines across our dimensional, materials, and chemical metrology portfolio. Our business performance yielded another quarterly revenue record with both revenue and profitability reaching the high end of the guidance," commented Eitan Oppenhaim, President and Chief Executive Officer. "Our solid backlog and the demand for our products across the various semiconductor technology nodes solidify our goal to continue our profitable growth this year as well. With the company revenues exceeding $500 million in the last four quarters, we mark the realization of our Nova 500 strategic plan, which cemented the fundamentals to support our future organic and inorganic growth in the long term."
Management provided an outlook for the third quarter, the period ending September 30, 2022. Based on current estimates, management expects:
- $137 million to $147 million in revenue
- $0.89 to $1.08 in diluted GAAP EPS
- $1.06 to $1.25 in diluted non-GAAP EPS
Total revenues for the second quarter of 2022 were $141.6 million, an increase of 6% compared with the first quarter of 2022 and an increase of 45% compared with the second quarter of 2021.
Gross margin in the second quarter of 2022 was 57%, same as the first quarter of 2022 and the second quarter of 2021.
Operating expenses in the second quarter of 2022 were $43.4 million, compared with $39.0 million in the first quarter of 2022 and $28.7 million in the second quarter of 2021.
On a GAAP basis, the Company reported net income of $34.9 million, or $1.09 per diluted share, in the second quarter of 2022. This is compared with net income of $34.2 million, or $1.07 per diluted share, in the first quarter of 2022, and net income of $22.9 million, or $0.77 per diluted share, in the second quarter of 2021.
On a non-GAAP basis, the Company reported net income of $39.5 million, or $1.24 per diluted share, in the second quarter of 2022. This is compared with net income of $41.5 million, or $1.30 per diluted share, in the first quarter of 2022, and net income of $26.9 million, or $0.90 per diluted share, in the second quarter of 2021.
Nova will host a conference call today, August 4, 2022, at 8:30 a.m. Eastern Time, to discuss the financial results and outlook. To attend the conference call, please dial one of the following teleconferencing numbers. Please begin by placing your calls five minutes before the conference call commences. If you are unable to connect using the toll-free numbers, please try the international dial-in number.
U.S. TOLL-FREE Dial-in Number: 1-800-239-9838
ISRAEL TOLL-FREE Dial-in Number: 1-809-407-724
INTERNATIONAL Dial-in Number: 1-323-794-2551
At:
8:30 a.m. Eastern Time
5:30 a.m. Pacific Time
3:30 p.m. Israel Time
The conference call will also be webcast live from a Link on Nova's website at https://www.novami.com/investors/events/.
A replay of the conference call will be available from August 4, 2022, at 11:30 a.m. Eastern Time to August 11, 2022, at 11:59 p.m. Eastern Time. To access the replay, please dial one of the following numbers:
Replay Dial-in TOLL-FREE: 1-844-512-2921
Replay Dial-in TOLL/INTERNATIONAL: 1-412-317-6671
Replay Pin Number: 2902650
A replay will also be available for 90 days on Nova's website at https://www.novami.com/investors/events/.
About Nova
Nova is a leading innovator and key provider of material, optical and chemical metrology solutions for advanced process control in semiconductor manufacturing. Nova delivers continuous innovation by providing state-of-the-art high-performance metrology solutions for effective process control throughout the semiconductor fabrication lifecycle. Nova's product portfolio, which combines high-precision hardware and cutting-edge software, provides its customers with deep insight into developing and producing the most advanced semiconductor devices. Nova's unique capability to deliver innovative solutions enables its customers to improve performance, enhance product yields and accelerate time to market. Nova acts as a partner to semiconductor manufacturers from its offices worldwide. Additional information may be found on Nova's website link - https://www.novami.com/.
Nova is traded on the Nasdaq and TASE, Nasdaq ticker symbol NVMI.
Use of Non-GAAP Adjusted Financial Measures
This press release provides financial measures that exclude amortization of acquired intangible assets, acquisition related expenses, inventory step-up and contingent consideration revaluation, stock-based compensation expenses, revaluation of operating lease liabilities, amortization of debt discount and issuance costs and tax effect of non-GAAP adjustment, as applicable, and are therefore not calculated in accordance with generally accepted accounting principles (GAAP). Management believes that these non-GAAP financial measures provide meaningful supplemental information regarding Nova's performance because they reflect our operational results and enhance management's and investors' ability to evaluate Nova's performance before charges or benefits considered by management to be outside Nova's ongoing operating results. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Management believes that it is in the best interest of its investors to provide financial information that will facilitate comparison of both historical and future results and allow greater transparency to supplemental information used by management in its financial and operational decision making. A reconciliation of each GAAP to non-GAAP financial measure discussed in this press release is contained in the accompanying financial tables.
This press release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding, but not limited to, anticipated growth opportunities and projections about our business and its future revenues, expenses and profitability. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied in those forward-looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to, the following: catastrophic events such as the outbreak of COVID-19; increased information technology security threats and sophisticated computer crime; foreign political and economic risks; changes in U.S. trade policies; inability to protect our intellectual property; open source technology exposure; failure to compete effectively or to respond to the rapid technological changes; consolidation in our industry; difficulty in predicting the length and strength of any downturn or expansion period of the market we target; factors that adversely affect the pricing and demand for our product lines; dependency on a small number of large customers; dependency on a single manufacturing facility per product line; dependency on a limited number of suppliers; difficulty in integrating current or future acquisitions; lengthy sales cycle and customer delays in orders; political, economic, and military instability in Israel; risks related to our convertible notes; currency fluctuations; and quarterly fluctuations in our operating results. We cannot guarantee future results, levels of activity, performance or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in Nova's Annual Report on Form 20-F for the year ended December 31, 2021 filed with the Securities and Exchange Commission on March 1, 2022. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Nova Ltd. does not assume any obligation to update the forward-looking information contained in this press release.
(Tables to Follow)
* Stock-based compensation for the three months ended June 30, 2022 included in: Cost of revenues - 1,021; Research and development, net - 1,694; Sales and marketing - 756; General and administrative - 601.
Company Contact:
Dror David, Chief Financial Officer
Tel: +972-73-229-5760
E-mail - investors@novami.com
Nova website link - https://www.novami.com/
Investor Relations Contact:
Miri Segal MS-IR LLC
Tel: +917-607-8654
E-mail - msegal@ms-ir.com
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SOURCE Nova | https://www.wibw.com/prnewswire/2022/08/04/nova-reports-results-second-quarter-2022/ | 2022-08-04T11:49:27Z |
NEW YORK, April 12, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of AbbVie Inc. (NYSE: ABBV) alleging that the Company violated federal securities laws.
Class Period: April 30, 2021 to August 31, 2021
Lead Plaintiff Deadline: June 6, 2022
No obligation or cost to you.
Learn more about your recoverable losses in ABBV:
https://www.kleinstocklaw.com/pslra-1/abbvie-inc-loss-submission-form-2?id=25804&from=4
AbbVie Inc. NEWS - ABBV NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that AbbVie Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) safety concerns about Pfizer Inc.'s drug Xeljanz extended to Abbvie's drug Rinvoq and to other Janus kinase enzyme inhibitor drugs; (2) as a result, it was likely that the U.S. Food and Drug Administration would require additional safety warnings for Rinvoq and would delay the approval of additional treatment indications for Rinvoq; and (3) therefore, defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in AbbVie you have until June 6, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased AbbVie securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the ABBV lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/abbvie-inc-loss-submission-form-2?id=25804&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.kxii.com/prnewswire/2022/04/12/abbv-alert-klein-law-firm-announces-lead-plaintiff-deadline-june-6-2022-class-action-filed-behalf-abbvie-inc-shareholders/ | 2022-04-12T10:31:00Z |
The Ridge at Carter's Station opens for sales this Saturday!
COLUMBIA, Tenn., July 18, 2022 /PRNewswire/ -- Richmond American Homes of Tennessee, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is pleased to announce the grand opening of The Ridge at Carter's Station, its debut community in the Nashville area. This exciting new Columbia neighborhood is the first in a large-scale masterplan that is set to become a Maury County staple.
Model Home Tours (RichmondAmerican.com/CartersStationGO)
Prospective homebuyers and area agents are encouraged to stop by The Ridge at Carter's Station between 10 a.m. and 6 p.m. on Saturday, July 23, and between 12 and 6 p.m. on Sunday, July 24, for tours of the builder's brand-new Alexandrite, Moonstone and Hemingway model homes. After its grand opening weekend, the community will be open from 10 a.m. to 6 p.m. on Monday through Thursday and Saturdays, and from 12 to 6 p.m. on Fridays and Sundays.
More about The Ridge at Carter's Station (RichmondAmerican.com/CartersStation):
- New ranch and two-story homes from the mid $400s
- 8 versatile floor plans, including many from the builder's sought-after Seasons™ Collection
- 3 to 6 bedrooms, approx. 1,720 to 2,950 sq. ft.
- 9' main-floor ceilings, granite kitchen countertops and quartz bathroom countertops included
- Close proximity to shopping and dining in Spring Hill
- Easy access to I-65, major employment hubs and downtown Nashville
- Several homes scheduled to be available for October move-in!
Personalization is among the many factors that set Richmond American apart from other leading homebuilders. Those who choose to build a new home from the ground up at this community will have the opportunity to work with professional design consultants to select colors, textures, finishes and fixtures for their new living spaces—a complimentary service!
The Ridge at Carter's Station is located at 2903 Windstone Trail (at Carters Creek Station Road) in Columbia. Call 931.400.7101 or visit RichmondAmerican.com for more information. View health and safety updates at RichmondAmerican.com/COVID-19.
About M.D.C. Holdings, Inc.
Operating under the name Richmond American Homes, MDC's homebuilding subsidiaries have built more than 220,000 homes since 1977. Among the nation's largest homebuilders, MDC's subsidiary companies have operations in Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington. Mortgage lending, plus insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.
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SOURCE M.D.C. Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/18/richmond-american-homes-debuts-first-community-tennessee/ | 2022-07-18T22:14:20Z |
TAIPEI, Sept. 15, 2022 /PRNewswire/ -- Axiomtek - a world-renowned leader relentlessly devoted in the research, development, and manufacturing of innovative and reliable industrial computer products of high efficiency – is proud to introduce the IPC972, its new industrial edge AI system with dual GPU support. The highly expandable edge computer supports the Intel® Xeon® or 10th gen Intel® CoreTM i7/i5/i3 processor (code name: Comet Lake S) with the Intel® W480E chipset. With the ability to support two NVIDIA® GeForce RTX 3090 GPU cards, the IPC972 enables to facilitate image processing, real-time control, data analysis, deep learning, AOI, data acquisition, and more automation tasks.
Axiomtek's IPC972 continues the IPC970 series design, offering flexible expansion options with one I/O module slot, four PCIe slots. In addition, it has one M.2 Key B 3042/3050 slot with SIM slot for 5G wireless connection, one M.2 Key E 2234 slot for Wi-Fi/Bluetooth modules, and one full-size PCIe Mini Card slot with SIM slot for Wi-Fi/Bluetooth/LTE modules. With the compact and front-facing I/O design, the IPC972 provides the advantages of fast set-up and easy access and deployment. For stable operation in mission-critical environments, the IPC972 has a wide operating temperature range of -10°C to +60°C and a power input of 24V DC (uMin=19V/uMax=30V) with power-on delay function, over-voltage protection, over current protection, and reverse voltage protection.
"The IPC972 is designed to support dual NVIDIA® GeForce RTX 3090 GPU cards to accelerate tremendous graphics performance for growing AI applications at the edge. A single modular I/O slot can be flexibly expanded with the integration of different I/O modules – AX93511, AX93512, AX93516, and AX93519 – to make the IPC972 ideal and scalable for multi-application requests," said Ivy Lee, the product manager of AIoT Product PM Division at Axiomtek.
The IPC972 comes with four DDR4-2933 ECC/non ECC U-DIMM sockets with a maximum of 128GB system memory. This edge AI computer is equipped with two swappable 2.5-inch SSDs/HDDs, an optional internal 2.5-inch SSD/HDD with the support of Intel® RAID 0,1 and one M.2 Key M 2280 socket for NVMe SDD. In addition, the intelligent computing system supports rich I/O options including one 2.5GbE LAN port, one GbE LAN port, eight USB 3.2 ports, one internal USB 2.0 port, one VGA, one HDMI, one 4-pin terminal block, one audio (line-out), and one AT/ATX selectable switch. The IPC972 supports wall mounting for making installation easier. Moreover, the system runs Linux or Windows 10, and support TPM 2.0 for enhancing data and network security.
Axiomtek's edge computer with dual GPU expansion, the IPC972, is available now. For more product information or customization services, please visit our global website at www.axiomtek.com or contact one of our sales representatives at info@axiomtek.com.tw.
Advanced Features of IPC972
- LGA1200 Intel® Xeon® or 10th gen Core™ i7/i5/i3 processor, up to 80W (codename: Comet Lake S)
- Intel® W480E chipset
- Supports dual NVIDIA® GeForce RTX 3090 GPU cards
- M.2 Key B slot for 5G wireless connection
- M.2 Key E slot for Wi-Fi connection
- Supports RAID 0, 1, 5
- Supports power-on delay function
- Supports TPM 2.0
About Axiomtek Co., Ltd
Axiomtek has experienced extraordinary growth in the past 30 years because of our people, our years of learning which resulted in our tremendous industry experience, and our desire to deliver well-rounded, easy-to-integrate solutions to our customers. These factors have influenced us to invest in a growing team of engineers including software, hardware, firmware, and application engineers. For the next few decades, our success will be determined by our ability to lead with unique technologies for AIoT and serve our key markets with innovatively-designed solution packages of hardware and software – coupled with unmatched engineering and value-added services that will help lessen the challenges faced by our systems integrator, OEM and ODM customers and prospects alike. We will continue to enlist more technology partners and increase collaborations with our growing ecosystem who are leaders in their fields. With such alliances, we will create synergy and better deliver solutions, value, and the expertise our customers need.
As an associate member of the Intel® Internet of Things Solutions Alliance, Axiomtek continuously develops and delivers cutting edge solutions based on the latest Intel® platforms.
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SOURCE Axiomtek | https://www.kxii.com/prnewswire/2022/09/15/axiomtek-launches-edge-computer-with-dual-gpu-expansion-ai-accelerated-processing-ipc972/ | 2022-09-15T08:47:39Z |
BALTIMORE, Aug. 10, 2022 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), today reported preliminary month-end assets under management of $1.39 trillion as of July 31, 2022. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $1.5 billion in July 2022 and $8.5 billion for the year-to-date period ended July 31, 2022. These client transfers include $0.8 billion and $5.7 billion, respectively, transferred to the target date retirement trusts during July and the year-to-date period.
The following table shows the firm's assets under management as of July 31, 2022, and for the prior quarter- and year-end by investment vehicle, by asset class, and in the firm's target date retirement portfolios.
Founded in 1937, Baltimore-based T. Rowe Price (troweprice.com) is a global investment management organization that provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The organization also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.
Supplemental Information
The following table reflects the data with the underlying assets under management of the multi-asset portfolios included within the equity and fixed income lines.
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SOURCE T. Rowe Price Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/10/t-rowe-price-group-reports-preliminary-month-end-assets-under-management-july-2022/ | 2022-08-10T14:08:48Z |
ATLANTA -- Georgia has positioned itself on the ground floor of the electric vehicle revolution and is poised for further growth as demand for EVs takes off, the state’s economic development chief said.
Since 2020, EV manufacturers and their suppliers have invested $13 billion in Georgia while creating more than 18,000 jobs, Pat Wilson told members of a legislative study committee on the “electrification” of transportation at its first meeting.
“That’s a good start, but it’s not enough,” Wilson said. “We are going to be actively recruiting these jobs.”
The joint House-Senate panel will hold a series of meetings across Georgia this summer and fall to look for ways to help move the EV industry forward in the Peach State.
Wilson said Georgia got its foot in the door of the EV industry when SK Battery America opened an EV battery manufacturing plant in Commerce early this year. The plant now has more than 1,800 employees from all over northeast Georgia but potentially could expand to 6,000, he said.
“These manufacturing jobs are the ones keeping people in our rural communities,” Wilson said.
Close on the heels of SK Battery are two huge EV manufacturing plants being built by Rivian and Hyundai, which expect to employ 7,500 and 8,100 workers respectively, Wilson said.
There’s going to be more than enough demand for EVs in the coming years to occupy those plants and more, said Shannon Peloquin, a partner in the San Francisco office of McKinsey & Co., a global management consulting firm.
The number of electric vehicles on the highways is expected to skyrocket from 3 million last year to 48 million by 2030, Peloquin told the committee. More than one-third of U.S. consumers surveyed in June said their next vehicle will be an EV or plug-in hybrid, she said.
Georgia is due to receive $135 million in federal funds from the infrastructure spending bill Congress passed last year to build EV charging stations.
The state Department of Transportation submitted its plan for rolling out a network of charging stations to the Federal Highway Administration this month. The federal agency is due to approve the plan by the end of September.
Details of how that network of charging stations will operate in Georgia – including what types of businesses will run them and how they will determine rates – will be one of the challenges the study committee will take up in subsequent meetings, state Sen. Steve Gooch, R-Dahlonega, one of the committee’s co-chairmen, said.
Another issue will be figuring out how to finance road and bridge construction in Georgia as EVs begin to dominate the auto market, Gooch said. The motor fuels taxes that currently pay for roads and bridges are expected to take a huge hit as the share of EVs grows.
The panel plans to hold future meetings at the site of the Kia automotive plant in West Point and at the Bluebird school bus manufacturing plant in Fort Valley. It is due to make recommendations to the full General Assembly by Dec. 1.
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EASTBOURNE, England (AP) — Serena Williams’ competitive preparation for Wimbledon will amount to two doubles matches.
A right knee injury to Williams’ doubles partner, Ons Jabeur, led to them withdrawing from the grass-court event in Eastbourne, the WTA said Thursday. They were scheduled to play Magda Linette and Aleksandra Krunic in the semifinals after winning two matches so far on the south coast of England.
Williams is making her comeback after nearly a year away from tennis.
The 23-time Grand Slam singles champion has received a wild-card entry to play in the singles tournament at Wimbledon, which starts on Monday.
Jabeur is ranked No. 3 in singles. There was no immediate news about the seriousness of her injury.
___
More AP tennis: https://apnews.com/hub/tennis and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/williams-out-of-eastbourne-because-doubles-partner-injured/ | 2022-06-23T15:05:01Z |
Proprietary Flowmeter Increases Performance
PHOENIX, June 15, 2022 /PRNewswire/ -- Trutankless, Inc. (OTCQB: TKLS) today announced that it received approval of its patent application with the U.S. Patent and Trademark Office (USPTO), for a "High-Accuracy Response-Curved Flowmeter", U.S. Serial No. 17/592,993 filed on February 5th, 2022.
The patent covers a new capability that solves some of the challenges with accurate performance at lower flow rates, while maintaining the accuracy throughout the range. The onboard memory contains multiple calibration K factors specific to each flowmeter produced, for use in a curve-fitted response by the intelligent controller, which allows for the storage of multiple K factors that are used to calculate a highly accurate K factor curve for the flowmeter.
"Our proprietary tankless flowmeter is based on an all-new design, which provides high accuracy at low cost, translating into improved performance over competitive systems by using a curve-fitting algorithm. We've increased the performance of our modular design using this ground-breaking technology in our next generation tankless, since it provides the ability to be used in any application," said Mike Stebbins, CEO & President. "With unheard of minimum activation and accuracy at all flow rates, we're seeing better responsiveness and new levels of efficiency with recirculation systems, which require heated water at less than one gallon per minute."
About Trutankless, Inc.:
Trutankless, Inc. (OTCQB: TKLS) is a technology-driven developer of accessible, next-generation home automation and efficiency systems. The Company's primary products are a line of electric tankless water heaters surpassing traditional tank water heaters in energy efficiency, output, dependability, and environmental sustainability. The Company sells its products to plumbing wholesale distributors and dealers throughout the United States. Trutankless, Inc. was founded in 2008 and is headquartered in Scottsdale, Arizona.
Please visit www.trutankless.com or call 855-TO-BUY-TRU.
Forward-Looking Statement: The statements in this press release regarding any implied or perceived benefits from the release by Trutankless of its line of electric tankless water heaters or added key strategic sales and distribution partners are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, risks of the key strategic sales and distribution partners ability to sell our product, and effects of legal and administrative proceedings and governmental regulation, especially in a foreign country, future financial and operational results, competition, general economic conditions, 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. There is no guarantee that any specific outcome will be achieved. Past performance is not indicative of future results.
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SOURCE Trutankless, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/15/trutankless-inc-receives-1st-patent-its-next-generation-products/ | 2022-06-15T21:28:07Z |
- Successful delivery of over 320 million coronavirus ("COVID-19") tests to the American public
- Adjusted loss of approximately $1.7 billion for the quarter
- Operating revenue growth of $896 million for the quarter
- Postal Service reform legislation enacted in April and will be reflected in the third quarter results
- Delivering for America plan provides clear strategies to structure the organization for success and significant progress has already been made
WASHINGTON, May 5, 2022 /PRNewswire/ -- The U.S. Postal Service today announced its financial results for the second quarter of its fiscal year 2022 (Jan. 1, 2022 - March 31, 2022), reporting an adjusted loss of approximately $1.7 billion for the quarter, essentially flat compared to the same quarter last year. Adjusted loss excludes non-cash workers' compensation adjustments for the impacts of actuarial revaluation and discount rate changes, which are outside of management's control. On a U.S. generally accepted accounting principles ("GAAP") basis, the Postal Service had a net loss of $639 million for the quarter, compared to a net loss of $82 million for the same quarter last year.
On April 6, 2022, Postal Service reform legislation was enacted establishing the Postal Service Health Benefits program for the Postal Service's employees and retirees and requiring their enrollment in Medicare; repealing the requirement that the Postal Service annually prepay future retiree health benefits and cancelling all past due prefunding payments; providing authority for the provision of certain services to state, local, and tribal governments; requiring the Postal Service to develop and maintain a publicly available dashboard to track service performance and to report regularly on its operations and financial condition; codifying delivery frequency at six days per week in those areas where it is currently provided; and requiring that the Postal Service maintain an integrated delivery network for mail and packages. When this legislation went into effect on April 6, 2022, it did not change the conditions surrounding the Postal Service's retiree health benefits as of March 31, 2022, and, therefore, the repeal of the prefunding for retiree health benefits and the cancellation of past due amounts will be reflected in the Postal Service's third quarter results.
During the quarter, the Postal Service also delivered approximately 320 million COVID-19 tests to the American public and continues to deliver as it receives requests from American households.
Service performance continued to improve during the second quarter. Specifically, it took on average 2.7 days to deliver a First-Class mailpiece during the quarter, which is a 7 percent improvement compared to the average of 2.9 days in the same quarter last year. From an on-time delivery perspective, 87.9 percent of First-Class Mail pieces were delivered on time during the quarter, compared with on-time delivery of 78.1 percent during the same quarter last year.
First-Class Mail service performance improvements are ongoing, and last week First-Class Mail was delivered on-time 93 percent of the time. One of the goals of Delivering for America, the Postal Service's 10-year plan for achieving financial sustainability and service excellence, is to meet or exceed 95 percent on-time service performance for all mail and shipping products once all elements of the plan are implemented.
"During the quarter we made strong strides in on-time service performance, demonstrated the effectiveness of our network through the delivery of COVID-19 tests, and continued to aggressively implement key aspects of Delivering for America, our 10-year transformation plan," said Postmaster General and CEO Louis DeJoy. "Our financial results this quarter demonstrate the challenging nature of the current inflationary economic environment as we make structural progress in balancing longstanding revenue and cost imbalances and returning the organization toward financial sustainability."
The Postal Service's operating revenue was approximately $19.8 billion for the quarter, an increase of $896 million, or 4.7 percent, on volume growth of 886 million pieces, or 2.9 percent, compared to the same quarter last year.
Marketing Mail revenue increased $512 million, or 15.9 percent, compared to the same quarter last year, on volume growth of approximately 1.2 billion pieces, or 8.4 percent. Marketing Mail experienced steep volume declines at the onset of the pandemic but has been rebounding as the economy continues to recover. Marketing Mail has generally proven to be a resilient marketing channel and its value to U.S. businesses remains strong due to healthy customer returns on investment and better data and technology integration. Revenue grew at a greater rate than volume due to price increases.
First-Class Mail revenue increased $296 million, or 5.0 percent, compared to the same quarter last year, despite a volume decline of 82 million pieces, or 0.6 percent, due to continuing migration from mail to electronic communication and transaction alternatives. First-Class Mail volume remains lower than pre-pandemic levels and we expect continued secular declines. Revenue grew despite the decline in volume due to price increases.
Shipping and Packages revenue increased $98 million, or 1.3 percent, despite a volume decline of 94 million pieces, or 5.0 percent. Higher package volumes in the prior year were due to the pandemic-related surge in e-commerce, which continues to abate as the economy recovers and market competition intensifies. However, Shipping and Packages volume remains higher than pre-pandemic levels. Revenue grew despite the decline in volume due to price increases.
The pandemic has significantly transformed the mix of mail and packages processed through the Postal Service's network and the Postal Service anticipates that its volumes and mix will not return to pre-pandemic levels. The Postal Service continues to grow its revenue in mail services through optimization of its pricing strategies and effective use of its pricing authority, as outlined in the Delivering for America plan.
Total operating expenses increased approximately $1.5 billion, or 7.7 percent, compared to the same quarter last year. Excluding non-cash workers' compensation adjustments for the impacts of actuarial revaluation and discount rate changes, total operating expenses increased $908 million, or 4.4 percent, driven largely by ongoing inflation.
Compensation and benefits expense increased $354 million, or 2.9 percent, compared to the same quarter last year, primarily due to contractual wage increases, including the inflationary impacts on related cost of living adjustments, partially offset by lower work hours.
Workers' compensation expense increased by $477 million, compared to the same quarter last year, due to the impact of changes in discount rates and actuarial revaluation, which are outside of management's control.
Other operating expense increased $369 million, or 14.4 percent, compared to the same quarter last year, as inflationary pressures have led to higher average fuel prices for delivery vehicles and an increase in rent and utilities.
"While our operating revenue grew compared to the same quarter last year, we have been challenged by rising costs due to inflation, leading to an adjusted loss for the quarter. We continue to aggressively manage our business by optimizing our network, maximizing productivity, and aligning our pricing strategies with organization and marketplace needs," said Chief Financial Officer Joseph Corbett. "We remain on track to achieve break-even performance for the ten-year period from FY2021 to FY2030, reversing the $160 billion in projected losses over the same period."
Second Quarter Fiscal 2022 Operating Revenue and Volume by Service Category Compared to Prior Year
The following table presents revenue and volume by category for the three months ended March 31, 2022 and 2021:
Selected Second Quarter Fiscal 2022 Results of Operations and Controllable Loss
This news release references loss excluding workers' compensation adjustments, which is not calculated and presented in accordance with GAAP. Loss excluding workers' compensation adjustments is defined as net loss adjusted for workers' compensation expenses caused by actuarial revaluation and discount rate changes, which are outside of management's control.
This news release also references controllable loss, which is not calculated and presented in accordance with GAAP. Controllable loss is defined as net loss adjusted for items outside of management's control and non-recurring items. These adjustments include workers' compensation expenses caused by actuarial revaluation and discount rate changes, expenses caused by the actuarial revaluation of Postal Service Retiree Health Benefits Fund (PSRHBF), and the amortization of the PSRHBF, Civil Service Retirement System (CSRS) and Federal Employee Retirement System (FERS) unfunded liabilities, which can fluctuate due to projected interest rates and inflation.
The following table presents selected results of operations, reconciles GAAP net loss to loss excluding worker's compensation adjustments and to controllable loss and illustrates the loss from ongoing business activities without the impact of non-controllable items for the three months ended March 31, 2022 and 2021:
Financial results in the Form 10-Q are available at http://about.usps.com/what/financials/.
Forward-Looking Statements
Forward-looking statements contained in this release represent the Postal Service's best estimates of known and anticipated trends believed relevant to future operations. However, actual results may differ significantly from current estimates. Certain forward-looking statements included in this release use such words as "may," "will," "could," "expect," "believe," "plan," "estimate," "project," or other similar terminology. These forward-looking statements, which involve a number of risks and uncertainties, reflect current expectations regarding future events and operating performance as of the date of this report. These risks include, but are not limited to, the effects of COVID-19 on the Postal Service's business, financial condition, and results of operations. The Postal Service has no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact: David Partenheimer
202.268.2599
David.A.Partenheimer@usps.gov
usps.com/news
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SOURCE U.S. Postal Service | https://www.wibw.com/prnewswire/2022/05/05/us-postal-service-reports-second-quarter-fiscal-year-2022-results/ | 2022-05-05T20:13:21Z |
Empowering a More Proactive Tech Enabled Approach
CHARLESTON, S.C., Aug. 16, 2022 /PRNewswire/ -- Eir Partners announced the completion of a growth recapitalization of ClaimLogiq, the leading Software-as-a-Service and technology enabled payment integrity platform focused on pre-payment solutions. ClaimLogiq has developed a best-in-class technology that enables health plans to optimize payment integrity programs through a more proactive SaaS, Service and Hybrid model. The investment into ClaimLogiq supports Eir Partners desire to build a next generation payment integrity technology organization on the heels of success at CloudMed, Millennia and others.
Eir Partners' strategy is to leverage ClaimLogiq as a platform investment and continue to aggressively invest in new product development and automation to broaden its portfolio of adjacent solutions. Additionally, the company plans to complement organic growth through synergistic acquisitions that deliver actionable data analytics, scalable partnerships, and content rich results to increase savings and work in collaboration with health plan partners. Since the Eir Partners investment, ClaimLogiq has completed the acquisitions of itemized bill review company, Medliminal, and SyTrue, a health care focused natural language processing technology company.
Founded in 2013 and based in Charleston, SC, ClaimLogiq enables payment integrity programs at some of the largest payers in the country via a proprietary technology platform called TrueCost. This highly configurable platform will support the healthcare industry's focus to a more transparent and proactive approach to payment integrity, enabling payers and service providers to deliver a more comprehensive and dynamic payment integrity program. This new platform is the only market offering that enables users to either perform their own payment integrity reviews, leverage ClaimLogiq subject matter experts, or operate a hybrid model that employs both methods, creating wide range scale and flexibility.
Brett Carlson, Managing Partner at Eir Partners added, "We have over 15 years of experience in the healthcare payment accuracy space having been on the board of Equian and the founding investors of CloudMed. With our investment in ClaimLogiq, we want to build on all the learnings and experiences we have had to be a market disruptor to the old way of conducting payment integrity reviews. We are confident this will be the next generation solution for U.S. health plans to better manage payment accuracy."
About Claimlogiq
ClaimLogiq is a healthcare software and technology company that delivers a proactive approach to payment integrity through a powerful, simplified solution. The unique payer-facing, claim-analyzing solution is HITRUST CSF® certified and makes claim reviews accessible to all size healthcare payers for in-depth insight and real-time access into the status of every claim at every stage of the audit lifecycle for controlled, consistent, accurate, and defensible outcomes. ClaimLogiq's innovative software stands out by allowing payers control, configurability, and transparency over the entire claim process and can be applied as a SaaS model, full service, or as a hybrid to suit the specific needs of every payer. For more information, visit www.claimlogiq.com or follow ClaimLogiq on LinkedIn.
About Eir Partners
Eir Partners is a US-based investment company focused exclusively on health tech and tech enabled companies. Eir's investment platform includes direct platform investments as the sole investor or alongside strategic or other private equity firms. Eir has completed or partnered on over $4.2 billion in healthcare technology transactions since inception in 2015 and has been involved in several large scale health tech companies including CloudMed, Equian, Millennia, Convey and others. Targeted stages of investment include growth equity through control buyouts.
CONTACT:
Brett Carlson
Managing Member, Eir Partners
bcarlson@eirpartners.com
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SOURCE Eir Partners | https://www.mysuncoast.com/prnewswire/2022/08/16/eir-partners-invests-claimlogiq-leader-healthcare-saas-payment-integrity-solutions/ | 2022-08-16T11:58:07Z |
Firm secures over $4.5 billion in commitments in the last 18 months across its US CRED platform
NASHVILLE, Tenn., Aug. 4, 2022 /PRNewswire/ -- AllianceBernstein Holdings L.P. ("AB") (NYSE: AB), a leading global investment and research management firm, has announced the final closing of US Commercial Real Estate Debt Fund IV ("Fund IV"), securing commitments of $1.3 billion from global institutional investors.
Fund IV is a continuation of the successful value-add transitional lending strategy AB has been overseeing for the past nine years. Alongside Fund IV, the platform has grown substantially over the past 18 months with new segregated mandates focused on core-plus and fixed rate lending, and the launch of AB's first private commercial mortgage REIT which has quickly grown to over $400 million in committed equity since accepting its first commitments in Q4 2021.
The CRED IV closing is the latest milestone in a period of considerable growth for AB's US Commercial Real Estate Debt platform, which has cumulatively secured new capital commitments of over $4.5 billion since December 2020.
Total assets for the US Commercial Real Estate Debt platform, raised from investors worldwide since inception of the platform in 2013, currently amount to $10.5 billion with $9.0 billion of that AUM under active management today. The team has deployed $8.6 billion of capital to over 130 loans since inception.
"Attracting over $4.5 billion of new capital commitments for our US CRED platform is reflective of the successful deployment and management of our portfolio over the past decade, including navigating the COVID-19 pandemic," said AB's US Commercial Real Estate Debt Chief Investment Officer Peter Gordon. "The expansion in the cost and tenor of capital – combined with having access to both levered and unlevered strategies – enables us to deliver broader solutions to our clients and be more innovative and relevant to our borrowers. With nearly half of our transactions coming from repeat borrowers, we believe that this will continue to further differentiate the platform in the years to come."
The continued expansion of AB's US Commercial Real Estate debt platform is consistent with AB's strategy of growing its private markets platform, in partnership with Equitable, to meet client needs. On July 1, AB completed its acquisition of CarVal investors, which expands AB's private markets platform to $54 billion in AUM. CarVal brings investment expertise across opportunistic and distressed credit, renewable energy infrastructure, specialty finance and transportation investments. These strategies, combined with AB's existing businesses focused on corporate direct lending and commercial real estate lending, provide clients with an array of alternative investment solutions.
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals, and private wealth clients in major world markets. As of June 30, 2022, AllianceBernstein had $647B in assets under management. Additional information about AB may be found on our website, www.alliancebernstein.com.
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SOURCE AllianceBernstein | https://www.wibw.com/prnewswire/2022/08/04/alliancebernstein-closes-us-commercial-real-estate-debt-fund-iv/ | 2022-08-04T13:14:57Z |
NEW YORK, June 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Lilium N.V. f/k/a Qell Acquisition Corp. (NASDAQ: LILM, LILMW, QELL, QELLU, QELLW) between March 30, 2021 and March 14, 2022, inclusive (the "Class Period") of the important June 17, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.
SO WHAT: If you purchased Lilium securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Lilium class action, go to https://rosenlegal.com/submit-form/?case_id=4894 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Lilium materially overstates the Lilium Jet's design and capabilities; (2) Lilium materially overstates the likelihood for the Lilium Jet's timely certification; (3) Lilium misrepresents its ability to obtain or create the necessary batteries for the Lilium Jet; (4) the SPAC-merger would not and did not generate enough cash to commercially launch the Lilium Jet; (5) Qell Acquisition Corp. did not engage in proper due diligence regarding the Merger; and (6) as a result, defendants' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Lilium class action, go to https://rosenlegal.com/submit-form/?case_id=4894 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/06/09/rosen-national-trial-lawyers-encourages-lilium-nv-fka-qell-acquisition-corp-investors-with-losses-secure-counsel-before-important-june-17-deadline-securities-class-action-filed-by-firm-lilm-lilmw-qell-qellu-qellw/ | 2022-06-09T21:25:28Z |
Schnell brings over 20 years of sales experience to build on Training The Street's business growth
NEW YORK, June 29, 2022 /PRNewswire/ -- Training The Street (TTS), the world's leading provider of financial training, announced today that Barry Schnell has been appointed as Chief Commercial Officer. Schnell brings over 20 years of business development experience and will be responsible for driving Training The Street's sales and marketing efforts to reach more customers and students.
In his newly created role, Schnell will oversee TTS's global sales, marketing and communications teams, leading the company's efforts to foster innovative sales and marketing approaches that broaden TTS's business opportunities. Schnell will become a member of the leadership team and will report directly to CEO Scott Rostan.
"Barry has an exceptional track record of creating innovative go-to-market strategies, along with expertise in building highly effective sales teams," said Scott Rostan, CEO of Training The Street. "The creation of the Chief Commercial Officer function comes at a perfect time for TTS, as we seek to build upon our 20 years of financial training success through strategic customer acquisition. I'm confident Barry is the right leader to take on this critical role and to help reinforce our position as the world's leading financial training organization."
Schnell joins Training The Street from Oriel STAT A MATRIX, where he was most recently Senior Vice President of Business Development. As a member of the executive leadership team, he led the development and execution of various sales strategies to deliver gross profit targets and refine the go-to-market process. Under Schnell's sales leadership, Oriel's revenue more than doubled.
"I look forward to joining Training The Street's visionary and accomplished leadership team at this pivotal moment in the company's history and creating even more value and opportunity for customers across the globe," said Schnell.
More information on Training The Street is available on www.trainingthestreet.com.
Training The Street (TTS) is the world's leading provider of courses in accounting, asset management, capital markets, financial modeling and corporate valuation training to investment banks, financial institutions, consulting firms, federal government agencies, law firms, business schools, and top colleges. With offices in the financial hubs across the U.S., as well as London, India and Hong Kong, TTS boasts a deep field of expert instructors and extensive practical experience. Currently, TTS is offering live and virtual training programs to interns and full-time hires at nearly 200 banks and corporate businesses, including Wall Street's 10 largest banks. Additionally, TTS leads workshops at more than 100 academic clients, including the top business schools globally. For more information, please visit www.trainingthestreet.com.
Media contact:
Jeff Siegel
jeff@dlpr.com
Ellie Johnson
ellie@dlpr.com
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SOURCE Training The Street | https://www.kxii.com/prnewswire/2022/06/29/training-street-names-barry-schnell-new-chief-commercial-officer/ | 2022-06-29T13:58:44Z |
PITTSBURGH, April 11, 2022 /PRNewswire/ -- Federated Hermes Premier Municipal Income Fund (NYSE: FMN) has declared a dividend. The fund seeks to provide investors with current dividend income that is exempt from regular federal income tax. In addition, this fund features income exempt from the federal alternative minimum tax (AMT).
Investors can view additional portfolio information in the Products section of FederatedInvestors.com.
Federated Hermes, Inc. (NYSE: FHI) is a global leader in active, responsible investment management, with $668.9 billion in assets under management. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. At Federated Hermes, responsibility is central to our client relationships, our long-term perspective and our fiduciary mindset. It's part of our heritage and the foundation of our future. Headquartered in Pittsburgh, Federated Hermes has nearly 2,000 employees in London, New York, Boston and offices worldwide. For more information, visit FederatedHermes.com.
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SOURCE Federated Hermes, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/11/federated-hermes-premier-municipal-income-fund-declares-dividend/ | 2022-04-11T14:38:56Z |
Award-winning online safety company adds adaptable phone to its comprehensive portfolio
ATLANTA, July 5, 2022 /PRNewswire/ -- Bark Technologies, a leader in the online safety space for children, today announced the upcoming release of its first-ever smartphone, launching in Q4 of 2022. The Bark phone will combine the company's award-winning content monitoring, filtering, and location software with additional features in a simple, all-in-one package that allow it to grow and adapt with a child. The announcement comes on the heels of Bark's recent $30M round of funding.
While the Bark phone can be configured with more restrictive permissions to serve as the ideal choice for a child's first smartphone, parents can also choose to enable additional features suitable for older children.
- Adaptable settings and access make it perfect for all parenting styles
- Perfect for all ages and stages of a child's development: Caregivers can allow what they want, when they want, and adapt access as children grow into young adults
- Out of the box protection: Bark comes pre-installed on the device, giving parents peace of mind
- Sleek modern design that kids will love – no clunky childlike branding or structure
- Dynamic parental controls including:
"We are thrilled to bring to market a smartphone that prioritizes the needs of families, evolves with children, and offers Bark's level of detailed monitoring and sophisticated AI, while being super simple to set up," said Bark founder and CEO, Brian Bason. "The Bark phone will provide the most comprehensive option on the market for parents to help keep their kids safe online, without sacrificing the features, performance, and camera quality that kids crave."
Customers wishing to reserve a phone for the 2022 holiday season can be put on this waitlist.
Bark is an award-winning parental control app that helps protect nearly 6 million children at home and in more than 3,100 schools and districts nationwide. Bark is currently available in the United States, Guam, South Africa, and Australia.
Using highly sophisticated artificial intelligence, Bark alerts families to concerning behaviors in a variety of categories, including cyberbullying, depression, suicidal ideation, violence, and online predation, and gives caregivers best next steps for how to address those issues.
Bark monitors more than 30 of today's most popular social media platforms and apps, as well as text messages, images, videos, chats, emails, and files. Families also get the ability to create custom screen time schedules, block websites and apps, and receive location alerts when kids are on the go. Visit www.bark.us for more information.
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SOURCE Bark Technologies | https://www.wibw.com/prnewswire/2022/07/05/bark-technologies-release-smartphone-with-robust-customization-options-families/ | 2022-07-05T20:44:07Z |
CLEVELAND, Aug. 18, 2022 /PRNewswire/ -- NACCO Industries® (NYSE: NC) announced today that the Board of Directors declared a regular cash dividend of 20.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid September 15, 2022 to stockholders of record at the close of business on August 31, 2022.
About NACCO Industries
NACCO Industries® brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. Learn more about our companies at nacco.com or get investor information at ir.nacco.com.
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SOURCE NACCO Industries | https://www.wibw.com/prnewswire/2022/08/18/nacco-industries-declares-quarterly-dividend/ | 2022-08-18T20:18:25Z |
TOKYO (AP) — Asian shares advanced Monday across the board as buying set in after the lull of a U.S. national holiday.
Analysts said the optimism may be driven by expectations the U.S. may decide to cut Chinese tariffs, a welcome move that would also help tame inflation.
China’s Commerce Ministry said Tuesday that Vice Premier Liu He spoke with Treasury Secretary Janet Yellen about coordinating economic policy between the two biggest economies and maintaining the stability of supply chains.
In a statement, it also said the Chinese side “expressed its concern over issues such as the removal of additional tariffs and sanctions imposed by the United States on China and fair treatment of Chinese companies.” The two sides agreed to continue their discussions, it said.
Investors also have been encouraged by the lifting of restrictions related to the coronavirus pandemic across the region, including in Japan, which had been booming with tourists from abroad ahead of the pandemic.
“The quiet economic calendar yesterday brings sentiments to focus on the single relief headline of a potential US tariff-easing decision, which could run the risks of a sharp paring back in speculative bullish bets in the event of any inaction,” in taming inflation,” Yeap Jun Rong, a market strategist at IG in Singapore, said in a commentary.
But risks remain because of inflation and slowing economic activity in some countries. A resurgence in COVID-19 infections in Europe, the U.S. and parts of Asia is also looming, bringing the threat of a reversion to pandemic precautions.
Japan’s benchmark Nikkei 225 added nearly 1.0% in morning trading to 26,404.90. Australia’s S&P/ASX 200 rose 0.3% to 6,632.00. South Korea’s Kospi jumped 1.8% to 2,342.24. Hong Kong’s Hang Seng gained 0.8% to 21,997.04, while the Shanghai Composite inched up 0.1% to 3,409.95.
Market players are also closely watching for an interest rate decision by the Reserve Bank of Australia. It is expected to raise its key rate by 50 basis-points. Minutes of the latest policy meeting of the Federal Reserve are also due out on Wednesday and could bring hints on future policy.
Global investors have been worried about surging inflation and the possibility that higher interest rates could bring on a recession in some economies. U.S. trading was closed Monday for Independence Day.
The futures for the Dow industrials and the S&P 500 were both up 0.4% early Tuesday.
Shares ended last week with a rally, with the S&P 500 surging 1.1%. The Dow gained 1% and the Nasdaq rose 0.9%. The Russell 2000 index of smaller companies gained 1.2%.
In the first half of this year, the S&P 500 had its worst performance since the first six months in 1970. It’s now down 20.2% from the peak it set at the beginning of this year.
The risk of a recession is simmering as the U.S. Federal Reserve aggressively hikes interest rates. The Fed is raising rates to purposefully slow economic growth to help cool inflation, but could potentially go too far and bring on a recession.
In Germany, Chancellor Olaf Scholz gathered top employer and labor union representatives at his Berlin office Monday to seek ways of addressing the impact of rising prices while preventing a spiral of inflation in Europe’s biggest economy.
In energy trading, benchmark U.S. crude surged $1.87 to $110.30 a barrel. It gained $2.67 on Friday to $108.43 a barrel. Trading was closed Monday. Brent crude, the international standard, lost 3 cents to $113.47 a barrel.
In currency trading, the U.S. dollar edged up to 136.15 Japanese yen from 135.69 yen. The euro cost $1.0434, up from $1.0423.
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Yuri Kageyama is on Twitter https://twitter.com/yurikageyama | https://cw33.com/business/ap-business/asia-shares-rise-on-optimism-about-easing-covid-restrictions/ | 2022-07-05T19:31:23Z |
Ark Addresses Demand For Innovation From Private Capital Managers and Fund Administrators
BOSTON, Sept. 6, 2022 /PRNewswire/ -- Ark announced the launch of its next generation fund operations platform. Building on an already widely adopted portal technology connecting LP investors with GP managers, Ark's new capabilities take fund operations and investor reporting automation to a new level. Fund administrators and GP manager teams are able to streamline and launch processes in just a few clicks.
The new Ark platform includes:
- Branded client portals (unlimited users & SPVs)
- Capital call and distribution automation
- Portfolio Management with dynamic Schedule of Investments
- Investor Allocations with Capital Account Statement automation
- General ledger integration
- Multi-manager platform administration
"With Ark as an integral part of our technology stack, we can go live for clients same-day without any need for custom development," said Michael Trinkaus, CEO of 4Pines Fund Services. "Ark's intuitive design and ease of use give investors exactly what they want and helps magnify the power of my team so we can keep our focus on client service."
Many off-the-shelf ledgers remain in wide use today because they handle the basics quite well; however, these tools lack true partnership accounting. They handcuff their user teams to spreadsheets, which requires manual reconciliation and increases the risk of errors. Ark's new platform provides partnership accounting capabilities that can plug right into existing off-the-shelf GL solutions, saving time and reducing errors. With Ark you can continue to use what's working well across your existing tech stack and go much further.
"When it comes to customer adoption and realizing tangible ROI, Ark is truly a game changer," said Rob Stype, CEO of Ark. "With no implementation fees, fast and configurable setup, and multi-manager engagement on a single screen, we are the industry's most dynamic and scalable operating platform. Top fund services firms and GPs are the inspiration for our nimble and thoughtfully designed product."
Ark's clients include top fund administrators, private equity, venture capital, real estate, private credit and fund of funds teams. Today the platform supports over $100B in capital commitments, 70,000 end users, and 425 fund managers.
Ark is a SOC 2 Type 2 certified fit for purpose cloud-based operating system for fund administrators and GP managers that streamlines fund operations and automates investor reporting on a secure, connected, and client-branded platform. The Ark team unifies decades of deep fund operations and financial technology experience across the private capital markets. Ark's clients include top fund administrators, private equity, venture capital, real estate, private credit and fund of funds teams. Ark was founded in Boston in 2017 and has operations nationwide. For more information visit www.arkpes.com.
CONTACT: Chris Gale at chris@galestrategies.com
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SOURCE Ark PES | https://www.wibw.com/prnewswire/2022/09/06/ark-launches-next-generation-fund-ops-platform/ | 2022-09-06T11:28:27Z |
Travelers in all aha! cities can celebrate with $29* introductory fares
RENO, Nev., June 9, 2022 /PRNewswire/ -- aha!, powered by veteran ExpressJet Airlines, announced today that it will begin nonstop service between Reno and Idaho Falls, Idaho on August 11, 2022 – bridging two adventure destinations with one convenient, nonstop route.
"The addition of aha! to the Idaho Falls Regional Airport exemplifies the success of our region and airport," said Idaho Falls Mayor Rebecca Casper. "It's perfect timing to add to our choice of flights to give greater connections for our residents and visitors alike."
aha! will fly to the Idaho Falls Regional Airport (IDA) two times a week with 50-seat Embraer ERJ145 regional jets. With the addition of Idaho Falls, aha! will now serve 11 cities nonstop from its home base at Reno-Tahoe International Airport.
"We are excited to welcome aha! Airlines and add another nonstop destination to our airport," said Idaho Falls Regional Airport Director, Rick Cloutier. "This addition is another option to serve the people of eastern Idaho. Both Reno and Idaho Falls travelers are eager to explore the great recreational opportunities of both of communities."
Nonstop Flights = Two Travel Days Saved
Travelers can replace a lengthy nine-hour drive or painful layover with a quick 95-minute nonstop flight, leaving more time for adventures and relaxation. Flights will operate each Thursday and Sunday departing Reno-Tahoe International Airport at 7:40 a.m. PT arriving at Idaho Falls Regional Airport at 10:15 a.m. MT. Return flights will depart Idaho Falls at 10:55 a.m. MT and arrive in Reno-Tahoe at 11:30 a.m. PT.
"We are thrilled to offer eastern Idaho residents with the opportunity to explore the incredible gaming, dining, shows, and indoor/outdoor fun of Reno and Lake Tahoe without lengthy drives or layovers," said Tim Sieber, head of ExpressJet's aha! business unit. "The easy access to Yellowstone, the Greenbelt, museums and other treasures will surely attract a lot of Reno residents to Idaho Falls."
Currently, aha! connects ten markets to its home base in Reno-Tahoe: Fresno, Ontario, Palm Springs and Santa Rosa Calif.; Eugene/Springfield, Medford/Ashland and Redmond/Bend, Ore.; and Pasco/Tri Cities and Spokane, Wash.
Special Introductory Celebration Fares as Low as $29*
aha! is celebrating the launch of Idaho Falls with systemwide sale fares of $29*. These special one-way $29* fares must be booked using promo code RENOSUMMER29 by June 13 for travel starting August.
Book at www.flyaha.com or through the aha! contact center at 775-439-0888.
About aha!
aha! is a leisure brand of ExpressJet Airlines. aha! seeks to provide travelers in smaller communities, many who have seen air service reduced over the past decade through airline mergers, with convenient, short, nonstop flights to high-quality destinations like the Reno-Lake Tahoe region. In addition to offering value-priced, nonstop flights, aha! will soon partner with resorts, casinos and attractions to "bundle" value-priced vacation packages. www.flyaha.com
About ExpressJet Airlines
ExpressJet Airlines operates Embraer ERJ145 regional jet aircraft and has more than 40 years of regional airline experience. ExpressJet, including its leisure brand aha!, is focused on providing travelers in smaller communities with convenient, short, nonstop flights to high-quality destinations. The company's services also include specialty charter flights and additional future routes. ExpressJet is owned by KAir Enterprises and its affiliates. www.expressjet.com
Special Introductory Celebration Fares
$29 airfare price is each way between Reno, NV and the following cities: Fresno, CA; Santa Rosa, CA; Ontario, CA; Palms Springs, CA; Idaho Falls, ID; Medford/Ashland, OR; Redmond/Bend, OR; Eugene, OR; Pasco, WA; or Spokane, WA. Book by June 13, 2022, 11:59 PM for travel August 1-September 30, 2022 (Idaho Falls service begins August 11, 2022). Airfare price includes all taxes and airport fees. Not valid for travel September 2-5. Offer based on availability. Must use promo code RENOSUMMER29 to book. Normal charges apply for options such as checked bags, pre-boarding or seat assignments. Not valid on previously purchased itineraries and not combinable with any other offers. Management reserves all rights including cancellation or modification of this promotion without prior notice.
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SOURCE aha! | https://www.wibw.com/prnewswire/2022/06/09/aha-announces-nonstop-flights-idaho-falls-reno-tahoe-hub/ | 2022-06-09T21:20:54Z |
National homebuilder expands Alabama footprint with move into Baldwin County
FAIRHOPE, Ala., Aug. 4, 2022 /PRNewswire/ -- Century Communities, Inc., a top 10 national homebuilder and industry leader in online sales, announced that the company's Century Complete brand has expanded its Alabama footprint with 49 new homesites for sale in Fairhope—part of Baldwin County, and just half an hour from Mobile Bay and the Gulf Coast. Named Fairhope Falls, the new community offers an exceptional lineup of ranch-style single-family floor plans, boasting four-sided brick exteriors, open-concept layouts, and desirable included features like white Shaker cabinets, granite countertops, and covered patios. Homebuyers will also enjoy the convenience of a streamlined and modernized "Buy Now" process—offering a more affordable home in just a few clicks.
Learn more and see available homes at www.CenturyCommunities.com/FairhopeFalls.
"We're very glad to add Fairhope to our growing list of locations in Alabama," said Greg Huff, Central Complete President. "This scenic location offers exceptional access to outdoor recreation, historic districts and more, with an affordable and quality selection of floor plans that makes it easy for buyers to find their best fit."
- Single-family floor plans from the $280s
- 4 bed, 2 to 3 bath, 2-bay garages
- Up to approximately 2,132 square feet
- Part of the notable Baldwin County Public Schools district
- Close proximity to downtown Fairhope, popular establishments like Fairhope Brewing Company and Ox Kitchen, the Baldwin County Coliseum & Fairgrounds, Fairhope Municipal Pier, golfing, parks and more
- Less than an hour from Gulf Shores and Mobile
- Community amenities include a pool, a park with a playground, and a fishing pier
Community location:
John Franklin Smart Memorial Highway & Yosemite Boulevard
Fairhope, AL 36532
Century Communities is proud to feature its industry-first online homebuying experience on all available homes in Alabama.
How it works:
Shop homes at CenturyCommunities.com
- Click "Buy Now" on any available home
- Fill out a quick Buy Online form
- Electronically submit an initial earnest money deposit
- Electronically sign a purchase contract via DocuSign®
Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.
Our industry-leading online homebuying process allows you to buy on your terms—24 hours a day, 7 days a week, 365 days a year. However, if you'd like assistance with purchasing a new home, please call us at (850) 354-5573 or visit us at our Sales Studio in Pensacola!
Panhandle Studio:
4771 Bayou Boulevard, Suite 14
Pensacola, FL 32503
About Century Communities
Century Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder, offering new homes under the Century Communities and Century Complete brands. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 17 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.
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SOURCE Century Communities, Inc. | https://www.kxii.com/prnewswire/2022/08/04/century-complete-announces-49-new-homesites-fairhope-alabama/ | 2022-08-04T17:11:43Z |
LAS VEGAS, Sept. 13, 2022 /PRNewswire/ -- Galit Ventura-Rozen will be a keynote speaker at the Hey Girl Women's Conference on March 11, 2023 in Saskatoon, Canada.
This conference is being held by BASAC (Battlefords & Area Sexual Assault Centre March 10th to the 12th. The Centre provides free and confidential services to survivors of sexual assault and/or abuse and their loved ones as well as community support for unique communities in their service area. The organization has been providing free gender-based violence prevention and individual support services to the community for over 40 years. From one-on-one counselling to survivors of sexual violence to school-based prevention education programs from pre k to Grade 12.
BASAC is holding this conference to motivate and inspire women that have gone through trauma in their life to live their best life. They will be holding a 3-day conference. The first night will be dedicated to 2SLGBTQ+ youth and free of charge. The next two days will be focused on women. They are planning to cover topics from Boundaries with friends and family, Balance, parenting, grief, diet culture, trauma, inclusiveness and much more in our breakout sessions.
Galit will be a keynote speaker for all those in attendance on the topic "Happiness is a Choice".
Galit is a 25+ year entrepreneur, motivational speaker and author of The Successful Woman's Mindset. She is co-founder of Everyday Woman TV, which provides an online platform of shows for women by women.
"It is my passion to inspire and motivate women to stand in their power and recognize how strong they are," Galit Ventura-Rozen
As a professional speaker for over 5 years, Galit recognizes the need for women speakers that other women can relate to and learn from. As someone that lost her voice and spoke in a whisper from age 7 to 13, Galit recognizes how overcoming your challenges is the key to living your best life.
Learn more about Galit at www.galitventurarozen.com
Learn more about the center at https://basac.ca/services/
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SOURCE Empowering U | https://www.kxii.com/prnewswire/2022/09/13/keynote-speaker-hey-girl-womens-conference/ | 2022-09-13T15:44:47Z |
DUBLIN, Aug. 2, 2022 /PRNewswire/ -- Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, will present at the J.P. Morgan 2022 Auto Conference, August 9 at 3:05 p.m. Eastern Time.
A simultaneous webcast will be available on the Aptiv Investor Relations website at ir.aptiv.com.
About Aptiv
Aptiv is a global technology company that develops safer, greener and more connected solutions enabling a more sustainable future of mobility. Visit aptiv.com.
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SOURCE Aptiv PLC | https://www.kxii.com/prnewswire/2022/08/02/aptiv-present-jp-morgan-auto-conference/ | 2022-08-02T20:56:32Z |
SILVER SPRING, Md., May 16, 2022 /PRNewswire/ -- The U.S. Food and Drug Administration is announcing important updates on its ongoing work to increase the supply and availability of infant formula in the U.S. On Feb. 17, the agency warned consumers not to use certain powdered infant formula products from Abbott Nutrition's Sturgis, Michigan infant formula production facility, and Abbott voluntarily ceased production at this facility as well as initiated a voluntary recall of certain products.
Today, a proposed consent decree of permanent injunction between the FDA and Abbott Nutrition, as well as three Abbott principals, was filed in the U.S. District Court for the Western District of Michigan. Under the proposed consent decree, which is subject to court approval and entry, Abbott has agreed to take corrective actions following an FDA inspection of its Sturgis, Michigan facility. The proposed consent decree obliges Abbott to take actions that are expected to ultimately result in an increase of infant formula products, while ensuring that the company undertakes certain actions that would ensure safe powdered infant formula is produced at the facility. When the company decides to restart production at this facility, it must conform with the provisions of the proposed consent decree and meet FDA food safety standards. If contamination is identified, the company must notify the FDA, identify the source of the problem and conduct a root-cause investigation before resuming production.
"Today's action means that Abbott Nutrition has agreed to address certain issues that the agency identified at their infant formula production facility in Michigan. The public should rest assured that the agency will do everything possible to continue ensuring that infant and other specialty formulas produced by the company meet the FDA's safety and quality standards, which American consumers have come to expect and deserve," said FDA Commissioner Robert M. Califf, M.D. "We recognize the hardships that parents and caregivers have faced in obtaining infant formula and the FDA is focused on boosting the availability of the country's supply of these products, including new steps regarding importation. We are also taking a look at the supply of infant formulas developed by manufacturers across the country and around the world to determine if a reallocation of their distribution can be made to help get the right product to the right place, at the right time."
In the complaint, filed by the U.S. Department of Justice on behalf of the FDA, the government alleges that powdered infant formula products manufactured at Abbott Nutrition's Sturgis facility were adulterated because they were made under insanitary conditions and in violation of current good manufacturing practice requirements. On Jan. 31, the FDA commenced a for-cause inspection and identified Cronobacter sakazakii, a bacterium that can potentially cause severe foodborne illness primarily in infants, in the facility and observed significant operational deficiencies. While the agency's inspection was ongoing, Abbott Nutrition voluntarily recalled certain powdered infant formula products and voluntarily shut down its facility to implement corrective actions that address issues raised by the FDA.
Under the proposed consent decree, Abbott Nutrition will be required to retain an independent expert to review the Sturgis facility's operations to ensure compliance with the law. It also includes requirements for testing products, as well as ceasing production, and promptly notifying the FDA should contamination be detected. The proposed consent decree also requires the implementation of a sanitation plan, environmental monitoring plan and employee training programs.
In the meantime, the FDA is also continuing to implement several important steps to improve the supply of infant and specialty formula products in the U.S. The agency has been in ongoing discussions with all infant formula manufacturers who are reporting that they are all producing at an expanded capacity. In fact, Gerber has reported that it increased the amount of their infant formula available to consumers by approximately 50% in March and April and Reckitt is supplying more than 30% more product year to date.
This increased production is now evident in increased infant formula sales. According to data from Information Resources Inc. (IRI), national infant formula sales by volume for the month of April were up more than 13% compared to the month prior to the recall and national infant formula sales by unit for the month of April are also up by more than 5% compared to the month prior to the recall.
While some data suppliers have reported lower in-stock rates, the most complete data sets available from IRI are showing nearly 80% in-stock rates at the week ending May 8. This means that if a local supermarket normally carries 50 different infant formula products, an 80% in-stock rate would translate to 40 of those 50 product types being available.
What the sales volume data and in-stock rates tell us is that while there is more product being sold, it may be of less variety than prior to the recall. With increased production by other manufacturers, forthcoming import actions and the potential for Abbott Nutrition's Sturgis facility to resume production in the near-term, the FDA expects supply to continue to improve over the next couple of months. The FDA recognizes that there is variation in availability throughout the country and is working with federal partners to better understand where shortages of certain formulas exist at a more local level, as well as explore further ways to alleviate more immediate and geographical supply challenges through better distribution of products.
Increased sales are a good indicator of formula available to the general population of infants, but the agency understands that availability of specialty products such as amino acid-based specialty formulas and metabolic products continues to be of concern. The FDA has already taken steps with Abbott Nutrition to make product available to those with life-threatening conditions on a case-by-case basis and will continue its efforts to make these products even more readily available as the agency works with the company to implement provisions of the proposed consent decree. In addition, these products have been an area of focus for discussions with other manufacturers that make comparable products. As a result of the recall and work with the FDA, other manufacturers have increased production of comparable product lines and in some cases expedited the importation of these products where they exist.
The agency is also looking at ways to mitigate future, potential supply issues including building on work to date with its 21 Forward supply chain continuity system. It has made requests for new authorities from Congress to allow the FDA to regularly collect important supply data from the broader infant formula industry and is continuing to implement several important steps to improve supply.
The FDA is committed to transparently communicating updates on this dynamic situation. The agency will continue to dedicate all available resources to help ensure that infant formula products remain safe and available for use in the U.S. and will keep the public informed of progress updates.
Additional Information:
- FDA Takes Important Steps to Improve Supply of Infant and Specialty Formula Products
- FDA Investigation of Cronobacter Infections: Powdered Infant Formula (February 2022)
- Jan. 31-March 18, 2022 FDA Inspection Form 483
- Powdered Infant Formula Recall: What to Know | FDA
- CDC Information on Cronobacter Infection and Infants
Media Contact: FDA Office of Media Affairs, 301-796-4540
Consumer Inquiries: 888-723-3366
The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation's food supply, cosmetics, dietary supplements, products that give off electronic radiation, and for regulating tobacco products.
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SOURCE U.S. Food and Drug Administration | https://www.mysuncoast.com/prnewswire/2022/05/16/fda-provides-new-updates-activities-mitigate-infant-formula-supply-challenges-abbott-nutrition-agrees-take-corrective-actions-facility-produce-safe-infant-formula/ | 2022-05-16T23:16:48Z |
Consolidated Results of Operations, As Reported and As Adjusted – Three-month periods ended June 30, 2022 and 2021:
KING OF PRUSSIA, Pa., July 25, 2022 /PRNewswire/ -- Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income attributable to UHS was $164.1 million, or $2.20 per diluted share, during the second quarter of 2022, as compared to $325.0 million, or $3.79 per diluted share, during the second quarter of 2021. Net revenues increased by 3.9% to $3.323 billion during the second quarter of 2022 as compared to $3.198 billion during the second quarter of 2021.
As reflected on the Schedule of Non-GAAP Supplemental Information ("Supplemental Schedule"), our adjusted net income attributable to UHS during the second quarter of 2022 was $163.9 million, or $2.20 per diluted share, as compared to $322.3 million, or $3.76 per diluted share, during the second quarter of 2021.
Included in our reported and adjusted net income attributable to UHS during the three and six-month periods ended June 30, 2021 was a net favorable after-tax impact of approximately $29.8 million, or $.35 per diluted share, from the following: (i) a favorable after-tax impact of $42.3 million, or $.49 per diluted share, resulting from approximately $55 million of revenues recorded during the second quarter of 2021 in connection with the Kentucky Medicaid managed care hospital rate increase program (covering the period of July 1, 2020 to June 30, 2021); (ii) an unfavorable after-tax impact of approximately $27.2 million, or $.32 per diluted share, resulting from a $36 million increase to our reserves for self-insured professional and general liability claims, and; (iii) an aggregate favorable after-tax impact of $14.6 million, or $.17 per diluted share, resulting from commercial insurance proceeds of approximately $19 million received during the second quarter of 2021 in connection with a previously incurred information technology incident and the COVID-19 pandemic.
As calculated on the attached Supplemental Schedule, our earnings before interest, taxes, depreciation & amortization ("EBITDA net of NCI", NCI is net income attributable to noncontrolling interests), was $384.5 million during the second quarter of 2022, as compared to $581.8 million during the second quarter of 2021. Our adjusted earnings before interest, taxes, depreciation & amortization ("Adjusted EBITDA net of NCI"), which excludes the impact of other (income) expense, net, was $382.6 million during the second quarter of 2022, as compared to $572.7 million during the second quarter of 2021.
Consolidated Results of Operations, As Reported and As Adjusted – Six-month periods ended June 30, 2022 and 2021:
Reported net income attributable to UHS was $318.0 million, or $4.22 per diluted share, during the first six months 2022, as compared to $534.1 million, or $6.22 per diluted share, during the first six months of 2021. Net revenues increased by 6.5% to $6.616 billion during the first six months of 2022 as compared to $6.211 billion during the comparable period of 2021.
As reflected on the Supplemental Schedule, our adjusted net income attributable to UHS during the six-month period ended June 30, 2022 was $327.4 million, or $4.35 per diluted share, as compared to $532.4 million, or $6.20 per diluted share, during the six-month period ended June 30, 2021.
As reflected on the Supplemental Schedule, included in our reported results during the first six months of 2022, was an unfavorable after-tax unrealized loss of $9.4 million, or $.13 per diluted share, ($12.3 million pre-tax which is included in "Other (income) expense, net"), resulting from a decrease in the market value of certain equity securities.
As reflected on the Supplemental Schedule, included in our reported results during the six-month period ended June 30, 2021, was a net aggregate favorable after-tax impact of $1.7 million, or $.02 per diluted share, consisting of the following: (i) an after-tax unrealized loss of $0.5 million, or $.01 per diluted share, resulting from a decrease in the market value of certain marketable securities, and; (ii) a favorable after-tax impact of $2.2 million, or $.03 per diluted share, resulting from ASU 2016-09, "Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting" ("ASU 2016-09").
As calculated on the attached Supplemental Schedule, our EBITDA net of NCI was $752.9 million during the first six months of 2022, as compared to $1.008 billion during the first six months of 2021. Our Adjusted EBITDA net of NCI was $762.1 million during the first six months of 2022, as compared to $999.8 million during the first six months of 2021.
Acute Care Services – Three and six-month periods ended June 30, 2022 and 2021:
During the second quarter of 2022, at our acute care hospitals owned during both periods ("same facility basis"), adjusted admissions (adjusted for outpatient activity) decreased by 0.7% while adjusted patient days increased by 1.8%, as compared to the second quarter of 2021. At these facilities, during the second quarter of 2022, net revenue per adjusted admission increased by 2.5% while net revenue per adjusted patient day remained unchanged, as compared to the second quarter of 2021. Net revenues generated from our acute care services on a same facility basis increased by 3.3% during the second quarter of 2022, as compared to the second quarter of 2021.
As previously disclosed in our update on operating results for the second quarter of 2022 and revision of 2022 full year guidance, as announced on June 30, 2022, our acute care hospitals experienced a significant decline in COVID-related patients during the second quarter of 2022, as compared to the first quarter of 2022. The decrease in COVID-related patient volumes during the second quarter of 2022 was not offset by an equivalent increase in non-COVID-related patients resulting in significant shortfalls in revenues and earnings as compared to our original forecasts the quarter. Although the decreased patient volumes at our acute care hospitals has relieved some of the staffing shortages and related cost escalations previously experienced at those facilities, recovery from the effects of the labor pressures has been occurring at a somewhat slower pace than expected.
During the six-month period ended June 30, 2022, at our acute care hospitals on a same facility basis, adjusted admissions increased by 2.4% while adjusted patient days increased by 3.6%, as compared to the comparable six-month period of 2021. At these facilities, during the first six months of 2022, net revenue per adjusted admission increased by 2.9% while net revenue per adjusted patient day increased by 1.6%, as compared to the comparable six-month period of 2021. Net revenues generated from our acute care services on a same facility basis increased by 6.5% during the first six months of 2022, as compared to the comparable six-month period of 2021.
Behavioral Health Care Services – Three and six-month periods ended June 30, 2022 and 2021:
During the second quarter of 2022, at behavioral health care facilities on a same facility basis, adjusted admissions decreased by 0.1% while adjusted patient days increased by 0.7%, as compared to the second quarter of 2021. At these facilities, during the second quarter of 2022, net revenue per adjusted admission increased by 2.6% and net revenue per adjusted patient day increased by 1.8%, as compared to the second quarter of 2021. Net revenues generated from our behavioral health care services increased by 0.5% during the second quarter of 2022, as compared to the second quarter of 2021.
During the six-month period ended June 30, 2022, at behavioral health care facilities on a same facility basis, adjusted admissions decreased by 1.0% while adjusted patient days decreased by 0.3%, as compared to the comparable six-month period of 2021. At these facilities, during the first six months of 2022, net revenue per adjusted admission increased by 4.2% and net revenue per adjusted patient day increased by 3.4%, as compared to the comparable six-month period of 2021. Net revenues generated from our behavioral health care services increased by 2.1% during the first six months of 2022, as compared to the comparable period of 2021.
COVID-19 and Staffing Shortage
The impact of the COVID-19 pandemic, which began during the second half of March, 2020, has had a material effect on our operations and financial results since that time. The length and extent of the disruptions caused by the COVID‑19 pandemic are currently unknown; however, we expect such disruptions to continue during the remainder of 2022. Since the future volumes and severity of COVID-19 patients remain highly uncertain and subject to change, including potential increases in future COVID-19 patient volumes caused by new variants of the virus, as well as related pressures on staffing and wage rates, we are not able to fully quantify the impact that these factors will have on our future financial results. However, developments related to the COVID-19 pandemic could continue to materially affect our financial performance during the remainder of 2022.
The nationwide shortage of nurses and other clinical staff and support personnel has been a significant operating issue facing us and other healthcare providers. Like others in the healthcare industry, we continue to experience a shortage of nurses and other clinical staff and support personnel at our acute care and behavioral health care hospitals in many geographic areas. In some areas, the labor scarcity is putting a strain on our resources and staff, which has required us to utilize higher‑cost temporary labor and pay premiums above standard compensation for essential workers. This staffing shortage has required us to hire expensive temporary personnel and/or enhance wages and benefits to recruit and retain nurses and other clinical staff and support personnel. At certain facilities, particularly within our behavioral health care segment, we have been unable to fill all vacant positions and, consequently, have been required to limit patient volumes. These factors, which had a material unfavorable impact on our results of operations during the first six months of 2022, are expected to have an unfavorable material impact on our results of operations during the remainder of 2022.
However, as previously disclosed on June 30, 2022, our revised operating results forecast for the balance of 2022 assumes that staffing vacancies and the corresponding premium pay expenditures will continue to sequentially decline in the second half of the year and that non-COVID patient volumes will incrementally improve, although both at a slower pace than our original forecast anticipated. We believe these assumptions will be bolstered by our continuing recruitment and retention initiatives, by changes to our historical patient care models, by other cost cutting measures and by aggressive contractual negotiations and renegotiations with our managed care payers.
Net Cash Provided by Operating Activities and Liquidity:
Net Cash Provided by Operating Activities:
During the six-month period ended June 30, 2022, our net cash provided by operating activities was $478 million as compared to $119 million during the comparable six-month period of 2021. The $359 million net increase in our net cash provided by operating activities during the first six months of 2022, as compared to the first six months of 2021, was due to: (i) a favorable change of $695 million resulting from the early return of Medicare accelerated payments which were received during 2020 and repaid during the first quarter of 2021, partially offset by; (ii) an unfavorable change of $199 million resulting from a decrease in net income plus depreciation and amortization expense, stock-based compensation expense, gain/loss on sales of assets and businesses, and provision for asset impairment; (iii) an unfavorable change of $102 million from other working capital accounts due primarily to the timing of disbursements for accrued expenses, accounts payable and accrued compensation, and; (iv) $35 million of other combined net unfavorable changes.
Liquidity:
As of June 30, 2022, we had $1.056 billion of aggregate available borrowing capacity pursuant to our $1.2 billion revolving credit facility, net of outstanding borrowings and letters of credit. In June, 2022, we entered into an amendment to our credit agreement which, among other things, added a new incremental tranche A term loan facility in the aggregate principal amount of $700 million. The net proceeds generated from the incremental tranche A term loan facility were used to repay a portion of the borrowings that were previously outstanding under our $1.2 billion revolving credit facility.
Stock Repurchase Program:
As of December 31, 2021, we had an aggregate remaining repurchase authorization of approximately $358 million pursuant to our stock repurchase program. In February of 2022, our Board of Directors authorized a $1.4 billion increase to the program. As of June 30, 2022, we had an aggregate available repurchase authorization of $1.21 billion.
Pursuant to the terms of our stock repurchase program, shares of our Class B Common Stock may be repurchased, from time to time as conditions allow, on the open market or in negotiated private transactions. During the second quarter of 2022, we have repurchased approximately 1.61 million shares at an aggregate cost of approximately $195.6 million (approximately $122 per share) pursuant to the program. During the first six months of 2022, we have repurchased approximately 4.25 million shares at an aggregate cost of approximately $545.8 million (approximately $128 per share) pursuant to the program.
Conference call information:
We will hold a conference call for investors and analysts at 9:00 a.m. eastern time on July 26, 2022. A live webcast of the call will be available on our website at www.uhs.com. To participate via telephone, please register in advance by accessing this link. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique passcode and registrant ID that can be used to access the call. A replay of the call will be available for one full year following the live call.
General Information, Forward-Looking Statements and Risk Factors and Non-GAAP Financial Measures:
One of the nation's largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. has built an impressive record of achievement and performance. Growing steadily since our inception into an esteemed Fortune 500 corporation, our annual revenues during 2021 were approximately $12.6 billion. In 2022, UHS was again recognized as one of the World's Most Admired Companies by Fortune; ranked #297 on the Fortune 500; and in 2021, ranked #307 on Forbes' list of America's Largest Public Companies.
Our operating philosophy is as effective today as it was upon the Company's founding in 1979, enabling us to provide compassionate care to our patients and their loved ones. Our strategy includes building or acquiring high quality hospitals in rapidly growing markets, investing in the people and equipment needed to allow each facility to thrive, and becoming the leading healthcare provider in each community we serve.
Headquartered in King of Prussia, PA, UHS has over 89,000 employees and through its subsidiaries operates 28 acute care hospitals, 333 behavioral health facilities, 41 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 39 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT). For additional information visit www.uhs.com.
This press release contains forward-looking statements based on current management expectations. Numerous factors, including those disclosed herein, those related to the anticipated impact of COVID-19 on our operations and financial results, those related to healthcare industry trends and those detailed in our filings with the Securities and Exchange Commission (as set forth in Item 2-Forward Looking Statements and Risk Factors in our Form 10-Q for the quarter ended March 31, 2022 and in Item 1A-Risk Factors and in Item 7-Forward-Looking Statements and Risk Factors in our Form 10-K for the year ended December 31, 2021), may cause the results to differ materially from those anticipated in the forward-looking statements. These statements are subject to risks and uncertainties and therefore actual results may differ materially. Readers should not place undue reliance on such forward-looking statements which reflect management's view only as of the date hereof. We undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Many of the factors that could affect our future results are beyond our control or ability to predict, including the impact of the COVID-19 pandemic. Our future operations and financial results will likely be materially unfavorably impacted by developments related to COVID-19 including, but not limited to, the potential impact on future COVID-19 patient volumes resulting from new variants of the virus, the length of time and severity of the spread of the pandemic; the volume of cancelled or rescheduled elective procedures and the volume of COVID-19 patients treated at our hospitals and other healthcare facilities; measures we are taking to respond to the COVID-19 pandemic; the impact of government and administrative regulation and stimulus on the hospital industry and potential retrospective adjustment in future periods of CARES Act and other grant income revenues recorded as revenues in prior periods; declining patient volumes and unfavorable changes in payer mix caused by deteriorating macroeconomic conditions (including increases in uninsured and underinsured patients as the result of business closings and layoffs); potential disruptions to our clinical staffing and shortages and disruptions related to supplies required for our employees and patients; potential increases to expenses and other costs related to staffing, supply chain, construction and medical equipment costs and other expenditures resulting from inflation; the impact of our substantial indebtedness and the ability to refinance such indebtedness on acceptable terms, as well as risks associated with disruptions in the financial markets and the business of financial institutions as the result of the COVID-19 pandemic which could impact us from a financing perspective; and changes in general economic conditions nationally and regionally in our markets resulting from the COVID-19 pandemic. In addition, please see the disclosure above in COVID-19 and Staffing Shortage, in connection with the nationwide shortage of nurses and other clinical staff and support personnel which has had, and is expected to continue to have, a material unfavorable impact on our results of operations.
We believe that adjusted net income attributable to UHS, adjusted net income attributable to UHS per diluted share, EBITDA net of NCI and Adjusted EBITDA net of NCI, which are non-GAAP financial measures ("GAAP" is Generally Accepted Accounting Principles in the United States of America), are helpful to our investors as measures of our operating performance. In addition, we believe that, when applicable, comparing and discussing our financial results based on these measures, as calculated, is helpful to our investors since it neutralizes the effect of material items impacting our net income attributable to UHS, such as, changes in the market value of shares of certain equity securities and other potential material items that are nonrecurring or non-operational in nature including, but not limited to, impairments of goodwill and long-lived and intangible assets, reserves for various matters including settlements, legal judgments and lawsuits, costs related to extinguishment of debt, gains/losses on sales of assets and businesses, and other amounts that may be reflected in the current or prior year financial statements that relate to prior periods. To obtain a complete understanding of our financial performance these measures should be examined in connection with net income attributable to UHS, as determined in accordance with GAAP, and as presented in the condensed consolidated financial statements and notes thereto in this report or in our other filings with the Securities and Exchange Commission including our Report on Form 10-Q for the quarter ended March 31, 2022 and our Report on Form 10-K for the year ended December 31, 2021. Since the items included or excluded from these measures are significant components in understanding and assessing financial performance under GAAP, these measures should not be considered to be alternatives to net income as a measure of our operating performance or profitability. Since these measures, as presented, are not determined in accordance with GAAP and are thus susceptible to varying calculations, they may not be comparable to other similarly titled measures of other companies. Investors are encouraged to use GAAP measures when evaluating our financial performance.
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SOURCE Universal Health Services, Inc. | https://www.wibw.com/prnewswire/2022/07/25/universal-health-services-inc-reports-2022-second-quarter-financial-results/ | 2022-07-25T20:52:16Z |
TORTOLA, British Virgin Islands, April 21, 2022 /PRNewswire/ -- IDEG Asset Management Limited (IDEG), a professional digital asset manager and member of CTH Group, announced today the appointments of two senior executives to lead the investment process and institutional sales of the firm's TIMES suite of digital asset products.
Kevin Loo joins IDEG as Head of Investment Insights. He will oversee the firm's institutional asset management activities, leveraging his deep industry contacts and over two decades of experience across traditional finance and digital assets. During his career, he has held senior investment roles with PIMCO, Fidelity International, and BNP Paribas and has served as a mentor to the Hong Kong Cyberport Incubator Programme.
Gigi Luk joins the firm as Managing Partner, Investment. She will be advising institutional clients including banks, asset managers, wealth managers, family offices, pensions, and sovereigns investing into digital assets and blockchain venture capital, including sustainable crypto mining. She joins from MCP Alternative Asset Partners having previously held senior roles with SPARX, UBS, and Vision Investment Management.
Earlier this month, IDEG announced the appointment of Markus Thielen as Head of Portfolio Management and Deputy CIO, as the firm continues to grow its investment team to support the growing number of funds it is launching on its platform. In April it has already added Ethereum, Luna, and Decentralized Finance (DeFi) funds to its TIMES thematic product shelf.
The TIMES suite of products offers qualifying investors compliant, secure, and professionally managed exposure to digital assets through a mix of thematic strategies with varying risk profiles that spans Tracking, Interest, Mining, Yield Earning, and Structured product strategies.
More about IDEG and T-I-M-E-S
IDEG is a digital asset-only asset management group of companies.
IDEG Asset Management Limited is IDEG Group's offshore fund manager, a BVI Approved Manager licensed with the British Virgin Islands Financial Services Commission. IDEG Asset Management Limited acts as investment manager to various products in the T-I-M-E-S product shelf.
IDEG has pioneered a multi-strategy thematic product shelf, T-I-M-E-S, allowing accredited and institutional investors to access digital asset market opportunities with varying risk exposure. T-I-M-E-S includes actively managed Tracking products; Interest earning products; Mining backed products; Earnings products with exposure to DeFi strategies; and Structured solutions that are tailored to the needs of the investor.
In 2019, IDEG launched Asia's first Bitcoin Trust and the Atlas Mining Trust. Unlike passively managed funds and trusts, Asia Bitcoin Trust I is an enhanced Bitcoin trust, which seeks to improve returns by using active management by applying a range of hedging and arbitrage strategies to enhance returns for the investors while effectively controlling the risk of drawdowns. The funds are open only to qualifying investors.
LEGAL DISCLAIMER: No interests in securities are being offered by virtue of this press release. None of these securities have been registered for public offering with any securities regulator in any jurisdiction and are not available for retail or public subscription. Digital assets investing involves significant risk and a potential for total loss of capital. You are advised to seek independent professional financial and legal advice. Regulatory status is not an endorsement by any regulator. No regulator has approved or endorsed this publication.
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SOURCE IDEG Asset Management | https://www.wibw.com/prnewswire/2022/04/21/ideg-hires-industry-veterans-drive-institutional-investment-into-digital-assets/ | 2022-04-21T07:51:20Z |
PITTSBURGH, May 18, 2022 /PRNewswire/ -- "I thought there should be a device to provide professional truck drivers with advanced warning to a rollover danger," said an inventor, from East Cleveland, Ohio, "so I invented the T A S. My design could help to prevent a rollover accident from occurring."
The invention provides an effective way to prevent rollover accidents for tractor-trailers. In doing so, it enables the driver to react and make adjustments in a timely manner. As a result, it enhances safety and it helps to prevent costly damage. The invention features a reliable design that is easy to use so it is ideal for trucking companies and semi-truck drivers. Additionally, it is producible in design variations.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-AVZ-2021, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/05/18/inventhelp-inventor-develops-rollover-warning-device-semi-trucks-avz-2021/ | 2022-05-18T18:04:32Z |
Anthony Varvaro, a former Major League Baseball pitcher who retired in 2016 to become a police officer in the New York City area, was killed in a car crash Sunday morning on his way to work at the Sept. 11 memorial ceremony in Manhattan, according to police officials and his former teams.
Varvaro, 37, was an officer for the Port Authority of New York and New Jersey. He played baseball at St. John’s University in New York City before a career in the majors as a relief pitcher with the Seattle Mariners, Atlanta Braves and Boston Red Sox from 2010 to 2015.
“We are deeply saddened on the passing of former Braves pitcher Anthony Varvaro,” the Braves said in a statement. “Our thoughts and prayers are with his family and colleagues.”
The crash happened Sunday morning in New Jersey. Messages seeking details about the crash were left with New Jersey state police.
St. John’s head baseball coach Mike Hampton said he was “at a loss for words” over Varvaro’s death.
“Not only was he everything you could want out of a ball player, he was everything you could want in a person,” said Hampton, who was an assistant coach at St. John’s during all three of Varvaro’s seasons there. “My heart goes out to his family, friends, teammates and fellow officers.”
Port Authority officials said in a statement that Varvaro “represented the very best of this agency, and will be remembered for his courage and commitment to service.”
“On this solemn occasion as the Port Authority mourns the loss of 84 employees in the attacks on the World Trade Center — including 37 members of the Port Authority Police Department — our grief only deepens today with the passing of Officer Varvaro,” said the statement by Port Authority Chairman Kevin O’Toole and Executive Director Rick Cotton.
Raised in Staten Island in New York City, Varvaro was drafted by Seattle in the 12th round in 2005. He played for the Mariners in 2010 and Atlanta from 2011 to 2014.
Varvaro was traded to the Red Sox in late 2014 and pitched 11 innings for Boston early in the 2015 season. In May 2015, the Chicago Cubs claimed him off waivers from Boston, but returned him to the Red Sox after testing showed he had a elbow injury in his right pitching arm, which resulted in season-ending surgery.
For his major league career, he pitched 183 innings in 166 games, compiling a 3.23 earned run average, 150 strikeouts and one save.
In 2016, he appeared in 18 games for Boston’s top minor league affiliate before retiring in June and beginning his police training.
Varvaro, who studied criminal justice at St. John’s and graduated in 2005, told the student newspaper, The Torch, in December 2016 that he inquired about police jobs at the Port Authority while pitching in the majors.
“I figured that I had a pretty successful career in baseball, I had played a number of seasons, and I was fine moving on to the next step of my life,” he told the newspaper.
Port Authority officials said Varvaro became a police officer in December 2016 and was assigned to patrol for nearly five years before transferring to the Port Authority Police Academy to become an instructor. | https://cw33.com/news/ap-top-headlines/ap-former-mlb-pitcher-turned-cop-varvaro-dies-in-car-crash/ | 2022-09-12T15:52:05Z |
Signals continued investment in accelerated cardiovascular technology development
MENLO PARK, Calif., June 14, 2022 /PRNewswire/ -- Cordis-X today announced an $11.5 million Series F investment in Adient Medical, maker of a next-generation absorbable inferior vena cava (IVC) filter that provides protection against pulmonary embolisms (PE).
The device is designed to avoid well-documented risks of perforation, migration, fracture, and thrombosis currently associated with IVC filters. Such safety issues have been the focus of the FDA-mandated PRESERVE (Predicting the Safety and Effectiveness of Inferior Vena Cava Filters) Study of IVC filters from six manufacturers.
In 2012, Dr. Jeremy Durack, Chief Clinical Officer of Cordis-X, authored a seminal paper exposing the safety concerns with metal filters. He has since served as a member of Adient's Scientific Advisory Board and will now join Adient as the Chief Clinical Officer. Dr. Durack will work collaboratively with Adient CMO Dr. Joseph Steele and Dr. Matthew Johnson (Principal Investigator of PRESERVE as well as Adient's upcoming pivotal study) on clinical validation of Adient's innovative technology.
"The Adient fully absorbable filter solution creates a new paradigm to protect patients from pulmonary embolus," Dr. Durack shared. "I am thrilled to be part of the collaborative team of Adient, Cordis, and Cordis-X and to see this groundbreaking approach come to fruition."
Dr. Steele added, "Bringing the first fully absorbable IVC filter to market during a time when both absorbable implants and IVC filters have faced significant challenges has been a tough but rewarding endeavor. We didn't set out to do something easy. We set out to do something revolutionary."
Cordis-X's investment in Adient reinforces a unique business model that identifies and advances differentiated technologies with the potential to expand the Cordis portfolio with innovative and clinically compelling solutions that respond to unmet needs in cardiovascular health.
Adient has obtained investigational device exemption (IDE) approval for both a 510(k) study for therapeutic indication and a Premarket Approval (PMA) application for the first-ever prophylactic indication, potentially multiplying the addressable market size and establishing a new standard of care for patients with short-term PE risk from immobilizing surgery, trauma, or other medical procedures.
According to Cordis CEO Shar Matin, "The Adient collaboration is a great example of the innovative approach we are taking with Cordis and Cordis-X. In this setting, the relevant business experts, scientists, and physicians can come together to solve a problem like pulmonary embolisms. This is just the beginning for where Cordis and Cordis-X can go."
Adient was founded in 2012 in Houston, Texas by engineer and inventor Mitch Eggers, CEO and President of Adient. The Cordis-X philosophy and bias toward aggressive innovation held particular appeal for Mitch. "So many companies are just caught up in developing the next incremental product. So, for somebody to stand up, be bold and put money behind next-generation ideas that really make a difference is fantastic."
"For too long we have placed metal devices into patients when an absorbable product can cover the greatest risk window of a few weeks and fully dissolve within 6 months," Eggers continued. "With the help of Cordis-X and Cordis, we may finally begin to see a material reduction in PE rates if we can apply this product more prophylactically to a wider population of patients at risk of PE."
According to Cordis Executive Chairman and Cordis-X CEO Duke Rohlen, "Effective IVC filtering remains one of the toughest problems in the cardiovascular space. If left in the body, metal filters can create safety risks that increase dramatically over time. Retrievable filters partially address these concerns, but retrieval procedures are costly, complex, and frequently delayed. Adient addresses the root cause of these issues through a filter that serves its purpose, then simply vanishes without the need for additional intervention."
Cordis is a worldwide leader in the development and manufacturing of interventional cardiovascular technologies with a more than 60-year history of pioneering breakthrough therapies to treat millions of patients. With a reputation for clinical acumen, training, and service, Cordis has a legacy of innovation in high-quality and minimally invasive cardiovascular products, building a strong global footprint with operations in more than 70 countries around the world.
Cordis-X, an independent innovation accelerator based in Menlo Park, California, provides a streamlined model of medical device innovation built for speed, agility, and value maximization. Through its relationships with Ajax Health and Cordis, Cordis-X is able to quickly identify, evaluate, develop, and invest in emerging technologies that can expand the depth, breadth, and impact of the Cordis product portfolio.
Adient Medical is a developer of absorbable medical devices founded in Houston, Texas in 2012. The company was built on the premise that IVC filters should be safe and effective during their useful lifetime, then vanish without intervention, alleviating costly removal procedures and downstream complications. Adient developed a deep patent portfolio and compiled extensive bench, animal, and human data prior to obtaining IDE approval.
Media Contact:
David Beylik
dbeylik@ajaxhealth.com
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SOURCE Cordis-X | https://www.kxii.com/prnewswire/2022/06/14/cordis-x-makes-strategic-investment-adient-medical-developer-first-fully-absorbable-inferior-vena-cava-ivc-filter/ | 2022-06-14T14:20:13Z |
Bill Allows Medicare to Negotiate Lower Drug Prices and Caps Out-of-Pocket Spending on Medications for Seniors
HARRISBURG, Pa., Aug. 7, 2022 /PRNewswire/ -- Earlier today the Senate voted to pass the Inflation Reduction Act of 2022, a bill that includes several key provisions to lower the prices of prescription drugs. AARP Pennsylvania thanks Senator Bob Casey for supporting this critical legislation and moving one step closer to real relief for seniors.
The Inflation Reduction Act includes key AARP priorities that will go a long way to lower drug prices and out-of-pocket costs. AARP fought for provisions in the bill that will:
- Finally allow Medicare to negotiate the price of drugs
- Cap annual out-of-pocket prescription drug costs in Medicare Part D ($2,000 in 2025)
- Hold drug companies accountable when they increase drug prices faster than the rate of inflation, and
- Cap co-pays for insulin to no more than $35 per month in Medicare Part D.
Jo Ann Jenkins, AARP Chief Executive Officer, issued a statement reacting to the Senate vote.
"Since AARP's founding we have fought for older adults to have access to affordable health care – including prescription drugs. And we have been working for nearly two decades to allow Medicare to negotiate the price it pays for medications. Thanks to today's historic vote in the Senate, millions of Americans 50+ are one step closer to real relief from out-of-control prescription drug prices. This bill will save Medicare hundreds of billions of dollars and give seniors peace of mind knowing there is an annual limit on what they must pay out-of-pocket for medications. Lowering prescription drug prices is a top priority for Americans, with more than 80% of people across political parties supporting the measure. We thank all the senators who voted today to lower drug prices.
"We are also pleased that the bill will keep health insurance affordable for millions of Americans who purchase their coverage in the marketplace, especially consumers aged 50-64 – more than one million of whom have gained more affordable options.
"We urge the House to move quickly and enact this momentous reform. AARP fought hard for this victory, and we will keep fighting to get Americans relief from the high price of prescription drugs."
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.
CONTACT:
TJ Thiessen, (202) 374-8033, tthiessen@aarp.org
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SOURCE AARP Pennsylvania | https://www.mysuncoast.com/prnewswire/2022/08/07/aarp-pennsylvania-thanks-senator-casey-historic-vote-toward-real-relief-prescription-drug-pricing/ | 2022-08-07T22:01:54Z |
ProbioSEB CSC3™ PET (Probiotics Blend) & ImmunoSEB™ PET (Systemic Enzymes) for Immune Health
CHINO, Calif., April 11, 2022 /PRNewswire/ -- Specialty Enzymes & Probiotics, a leading global enzymes and probiotics manufacturer, launches two game-changing pet supplements for gut and immune health: ProbioSEB CSC3™ PET and ImmunoSEB™ PET.
"Pets are an integral part of American families, and their health is vital," said Vic Rathi, CEO/Founder of Specialty Enzymes & Probiotics. "We're proud to offer natural and research-backed probiotics and enzymes to tackle two major areas: gut and immune health."
ProbioSEB CSC3™ PET is a blend of robust spore-forming probiotics SEBiotic™ (Bacillus coagulans LBSC), SEBtilis™ (Bacillus subtilis PLSSC), and SEBclausii™ (Bacillus clausii 088AE) with a prebiotic.
ImmunoSEB™ PET is a powerful systemic enzyme complex with Peptizyme SP™ (serrapeptase), Bromelain, Amylase, Lysozyme, Peptidase, Glucoamylase, Catalase, Papain, and Lactoferrin.
Numerous research studies, including clinical trials published in peer-reviewed journals, highlight the safety and efficacy of these blends.
Specialty Enzymes & Probiotics is a leading probiotic and enzyme manufacturer with 60+ years of experience. We offering a full line of more than 25 probiotic strains for a range of nutraceutical, food, and beverage applications. As a true manufacturer with decades of experience in nutraceuticals, we have supply chain visibility and provide unparalleled technical support through every step of the process. Our strict quality standards are backed by a lengthy list of the most rigorous third-party certifications.
To add ImmunoSEB™ Pet and ProbioSEB CSC3™ Pet to your product line, contact us at (909) 613-1660 or adm@specialtyenzymes.com.
*These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease.
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SOURCE Specialty Enzymes & Probiotics | https://www.wibw.com/prnewswire/2022/04/11/specialty-enzymes-amp-probiotics-launches-two-new-pet-products/ | 2022-04-11T20:09:40Z |
Editor’s note: This story has been updated to accurately reflect Amazon’s stage of planning for a fulfillment center in Greensboro, North Carolina.
GREENSBORO, N.C. (WGHP) – The dozens of fulfillment centers Amazon is closing, canceling or delaying means a proposed Greensboro facility may never come to fruition.
CNBC reported that there would be 44 canceled or closed facilities and 25 delayed sites, based on a post by logistics consultant MVPVL International. That report said that delivery stations are the most common type of facility being closed.”
Amazon said Thursday that plans for a Greensboro fulfillment center were never finalized.
Seattle-based Amazon doubled the size of its operations during the pandemic, adding more warehouses and workers to keep up with demand from homebound consumers who felt more comfortable buying things online. But as the worst of the pandemic eased, it found itself with too much warehouse space and too many workers. In May, it announced it planned to sublease some of its warehouse space.
In November, the Greensboro City Council approved the annexing and rezoning of 109 acres from residential property to light industrial for Amazon to open a distribution center.
Documents on file with the city planning department said a facility as large as 634,812 square feet could be built, and a representative for the developer told the City Council that “the tenant is committed to being a long-term asset in the community.”
The facility apparently would have employed about 1,000.
Nexstar’s WGHP reached out to Greensboro Mayor Nancy Vaughan and City Manager Taiwo Jaiyeoba seeking comment on this development and was still awaiting a response at publishing time.
Thursday’s announcement might not be unpopular with residents near the site, some of whom have expressed displeasure with the rezoning to accommodate the facility.
The Associated Press contributed to this report. | https://cw33.com/news/nexstar-media-wire/amazon-closing-canceling-delaying-fulfillment-centers-nationwide/ | 2022-09-15T21:22:45Z |
Giannis jokes (?) about taking time off for Greek freakout
BOSTON (AP) — The Milwaukee Bucks are still alive in the NBA playoffs, but star Giannis Antetokounmpo is already joking about his plans for next year. After scoring 40 points to help the Bucks take a 3-2 lead over Boston in the Eastern Conference semifinals, the two-time MVP asked reporters out of the blue: “If I don’t play after this season, do I still get paid? Do you guys know how it works?” Antetokounmpo was asked how he would spend his sabbatical. He said: “I would disappear. I would go to an island in Greece, stay with my family and disappear for a year.” As he walked off, he added: “I’m being serious.” | https://localnews8.com/sports/ap-national-sports/2022/05/11/giannis-jokes-about-taking-time-off-for-greek-freakout/ | 2022-05-12T04:51:56Z |
WASHINGTON, June 3, 2022 /PRNewswire/ -- As the first tropical storm system of the 2022 Atlantic Hurricane Season threatens South Florida, the U.S. Consumer Product Safety Commission (CPSC) is warning consumers to be prepared for power outages and to take steps now to keep their families safe from carbon monoxide (CO) poisoning, fire, and electric shock risks after the storm passes.
Loss of Power—Using a Generator Safely
Consumers need to be especially careful when storms knock out electrical power. Gasoline-powered portable generators can create an increased risk of CO poisoning that can kill in minutes. CO is called the invisible killer because it is colorless and odorless. CO poisoning from portable generators can happen so quickly that exposed persons may become unconscious before recognizing the symptoms of nausea, dizziness or weakness.
CPSC estimates that approximately 80 people die each year from CO poisoning caused by portable generators in the United States. The latest CPSC report shows that African Americans are at higher risk, accounting for 22 percent of generator-related CO deaths from 2010 through 2020, nearly double their estimated 13 percent share of the U.S. population.
Consumers who plan to use a portable generator in the case of a power loss should follow these tips:
- Never operate a portable generator inside a home, garage, basement, crawlspace, shed or on the porch. Opening doors or windows will not provide enough ventilation to prevent the buildup of lethal levels of CO.
- Operate portable generators outside only, at least 20 feet away from the house, and direct the generator's exhaust away from the home and any other buildings that someone could enter.
- Check that portable generators have had proper maintenance, and read and follow the labels, instructions and warnings on the generator and in the owner's manual.
- Ask retailers for portable generators that shut off automatically when high levels of CO are present. Some models with CO shut-off also have reduced emissions. These models may or may not be advertised as certified to the latest safety standards for portable generators - PGMA G300-2018 and UL 2201.
Check CO and Smoke Alarms
- Install battery-operated CO alarms or CO alarms with battery backup on each level and outside separate sleeping areas at home.
- Make sure smoke alarms are installed on every level and inside each bedroom at home.
- Test CO and smoke alarms monthly to make sure they are working properly and replace batteries, if needed. Never ignore an alarm when it sounds. Get outside immediately. Then call 911.
Dangers with Charcoal and Candles
- Never use charcoal indoors. Burning charcoal in an enclosed space can produce lethal levels of carbon monoxide. Do not cook on a charcoal grill in a garage, even with the door open.
- Use caution when burning candles. Use flashlights instead. If using candles, do not burn them on or near anything that can catch fire. Never leave burning candles unattended. Extinguish candles when leaving the room and before sleeping.
Dangers with Wet Appliances:
- Look for signs that your appliances have gotten wet. Do not touch wet appliances that are still plugged into an electrical source.
- Before using your appliances, have a professional or your gas or electric company evaluate them for safety. Replace all gas control valves, electrical wiring, circuit breakers and fuses that have been under water.
Dangers with Gas Leaks:
- If you smell or hear gas leaking, leave your home immediately and contact local gas authorities from outside the home. Do not operate any electronics, such as lights or phone, before leaving.
Remember, it takes only one storm to wreak havoc causing mass destruction and loss of life. Stay informed, be prepared and keep safe!
CPSC resources:
Link to broadcast quality video for media:
- Hurricane Safety b-roll: https://spaces.hightail.com/space/XtFQ7YqK0x
- Flood safety b-roll: https://spaces.hightail.com/space/thCBWTX157
CPSC spokespeople are available for interviews. Email nnye@cpsc.gov or call 240-204-4410 to arrange for an interview.
About the U.S. CPSC
The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risk of injury or death associated with the use of thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. CPSC's work to ensure the safety of consumer products has contributed to a decline in the rate of injuries associated with consumer products over the past 50 years.
Federal law prohibits any person from selling products subject to a Commission ordered recall or a voluntary recall undertaken in consultation with the CPSC.
For lifesaving information:
- Visit CPSC.gov.
- Sign up to receive our e-mail alerts.
- Follow us on Facebook, Instagram @USCPSC and Twitter @USCPSC.
- Report a dangerous product or a product-related injury on www.SaferProducts.gov.
- Call CPSC's Hotline at 800-638-2772 (TTY 301-595-7054).
- Contact a media specialist.
Release Number: 22-150
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SOURCE U.S. Consumer Product Safety Commission | https://www.kxii.com/prnewswire/2022/06/03/cpsc-issues-life-saving-tips-millions-florida-path-tropical-storm-system/ | 2022-06-03T23:55:25Z |
(The Hill) – The White House is rushing ahead to roll out a new COVID-19 booster shot campaign in early September, but is facing an uphill battle to ensure it is successful.
The vaccines being used in the campaign are the first ones that have been manufactured to specifically target the subvariants of omicron that are currently causing the most infections, and administration officials have indicated they’re preparing to start offering the shots shortly after Labor Day.
Immunity from the initial round of vaccines is waning and health officials said they want to ensure the public is protected as much as possible against another wave of infections in the fall and winter. Right now, close to 450 Americans are dying every day from the virus, and there’s concern the numbers could rise as people move indoors.
Both Pfizer and Moderna have asked the Food and Drug Administration (FDA) for emergency use authorization for booster shots that target the omicron BA.4 and BA.5 subvariants. Pfizer’s vaccine will be for everyone aged 12 and older, while Moderna’s will be meant just for adults aged 18 and older.
Administration officials say these new vaccines will be key to controlling a potential fall surge, but they will need to convince an increasingly checked-out public to get the shots.
White House COVID-19 response coordinator Ashish Jha has been front and center trying to promote the reformulated boosters, saying recently that “all the data suggests [they] should be highly effective against the new variants.”
“The big picture bottom line is these are substantial upgrades in our vaccines in terms of their ability to prevent infection, to prevent transmission. Certainly to prevent serious illness. And so it’s going to be really important that people this fall and winter get the new shot.” Jha said during a U.S. Chamber of Commerce event on Aug. 16.
During an interview with the radio program “Conversations on Health Care,” Centers for Disease Control and Prevention (CDC) Director Rochelle Walensky said the administration wants to provide people with the broadest possible protection.
“So the strategy now is to tailor vaccine for giving us the largest breadth of response, ideally one that would have less waning over time,” Walensky said. “I believe it is best to use a vaccine that is tailored for the variant that we have right now.”
But despite the administration’s optimism, the effort is likely to face major hurdles. Chief among them is a lack of interest from the public. Only about two-thirds of the U.S. population have been vaccinated with a primary COVID-19 vaccine series, while less than half of that group has received even a first booster.
The vaccination rate among children is even lower. According to the CDC, less than 4 percent of eligible kids under the age of 2 have received at least one dose, and only 6 percent of kids between the ages of 2 and 4 have received a single dose.
Rupali Limaye, a vaccine expert at the Johns Hopkins Bloomberg School of Public Health, said she doesn’t expect the retooled boosters will do much to convince the under-vaccinated population to get another shot.
The same people who rushed to get the initial vaccine series and then the first round of boosters will be the ones to receive the omicron-specific shots, she said, and mixed messages from health officials are partly to blame.
The most recent update to the CDC’s guidance emphasized living with the virus, and downplayed many of its previously recommended mitigation strategies. That doesn’t necessarily mesh with the idea that the public urgently needs to get an updated vaccine.
“I think for the most part, the majority of the public has sort of moved on, if you will. And the messaging has been that this is going to now be with us,” Limaye said. “Why do I need a new vaccine related to a virus that essentially my government has told me is no longer an issue?”
Rather than a broad rollout of the updated vaccines for the general public, Limaye and other scientists have suggested a more targeted approach, tailoring vaccine recommendations to the elderly and immunocompromised.
John Moore, a virologist at Weill Cornell Medicine, said it’s not clear how much extra protection the new shots would provide against infection, but predicted they won’t be much better than the first round of boosters.
The protection is likely “somewhere between mediocre and reasonable. I mean, we just don’t know,” Moore said. “A booster will give some additional protection against infection for, you know, a few months before it wanes again.”
Moore said it’s important that health officials provide the public with realistic messaging, and don’t oversell the benefits of the shots.
“It’s not like they’re a magic bullet that gives you super strong protection,” Moore said. “If the public thinks they’re getting something that is really, really against infection, then they might change their behavior and increase the risk of exposure. That’s counterproductive.”
The other concern among some scientists is that the government is moving too quickly to authorize the vaccines. Neither Moderna nor Pfizer has clinical trial data for the vaccine. Instead, their requests are based on data from a booster targeting an earlier version of omicron, as well as preclinical data from mice.
But health officials maintain they don’t need additional data, because vaccine manufacturers are essentially making a minor update to the existing vaccine, which has an established track record of success.
“There’s always a question here of being too slow versus too fast, and I think one of the challenges is if we wait for those data to emerge in human data, not just mice data, in human data, we will be using what I would consider to be a potentially outdated vaccine,” Walensky said. “I believe it is best to use a vaccine that is tailored for the variant that we have right now.” | https://cw33.com/news/nexstar-media-wire/white-house-effort-to-stave-off-fall-covid-surge-with-new-boosters-faces-uphill-battle/ | 2022-08-28T18:37:16Z |
NEW YORK (AP) — Top leaders of the U.S. Conference of Catholic Bishops called on the faithful to pray and fast Friday, in hopes the Supreme Court is on track to overturn the constitutional right to abortion. Yet even among Catholics who oppose abortion, there is some unease about the consequences of such a ruling.
A recently leaked Supreme Court draft opinion suggests that a majority of the nine justices are poised to reverse the 1973 Roe v. Wade decision – a move that would allow individual states to outlaw abortion.
Some anti-abortion Catholics say such an outcome would be the answer to their prayers. Others caution that Catholic leaders should distance themselves from the politically partisan wing of the anti-abortion movement and expand their concept of “pro-life” by supporting broad policies that set up safety nets for unwed mothers and low-income families.
Madison Chastain, a Catholic blogger and disability advocate, describes herself as anti-abortion, yet opposes overturning Roe and criminalizing abortions.
Factors that cause abortion, she wrote in the National Catholic Reporter, include lack of comprehensive sex education, inadequate health care, and workplace inequalities.
“Making abortion illegal before addressing these injustices is going to kill women, because women will continue to have abortions, secretively and unsafely,” she wrote.”
Sam Sawyer, a journalist and Jesuit priest, says he is a “dedicated pro-life advocate” who favors Roe’s reversal. Yet he responded to the leak with an essay listing reasons why abortion rights supporters are so alarmed by that prospect.
“The pro-life movement and its political alliances are perceived as a threat not just to abortion itself but also to democratic norms, to judicial commitments to civil rights, and to women’s health and economic security,“ Sawyer wrote in America, the Jesuit magazine for which he is a senior editor.
Republican politicians, backed by anti-abortion leaders, “have used the lives of the unborn as moral cover for ignoring other calls for justice,” Sawyer wrote. “The pro-life movement’s political allies have gutted social safety net programs that would make it easier for women to carry pregnancies to term.”
The call for a day of fasting and prayer came from Archbishop José Gomez of Los Angeles, the president of the U.S. bishops conference, and Archbishop William Lori of Baltimore, chairman of the USCCB’s Committee on Pro-Life Activities.
They requested prayers for the overturning of Roe and for “the conversion of the hearts and minds of those who advocate for abortion.”
The archbishops echoed the calls of other Catholic leaders who, after the Supreme Court leak, suggested that a reversal of Roe should be coupled with expanded outreach and support for pregnant women and new mothers.
Lori highlighted a USCCB program called Walking With Moms in Need, saying the church should redouble its efforts “to accompany women and couples who are facing unexpected or difficult pregnancies, and during the early years of parenthood.”
The bishops conference has designated the “threat of abortion” as its preeminent priority – a viewpoint that many lay Catholics don’t share. According to Pew Research Center surveys, 56% of U.S. Catholics say abortion should be legal in all or most cases.
Professor O. Carter Snead, who teaches law and political science at the University of Notre Dame, said via email that most Catholics engaging in anti-abortion activism “are not hard political partisans but rather people seeking to care for moms and babies by whatever means are available.”
As an example, Snead cited Notre Dame’s de Nicola Center for Ethics and Culture – which he directs – and one of its initiatives, called “Women and Children First: Imagining a Post-Roe World.” Through teaching, research and public engagement, the initiative seeks to strengthen support for “women, children (born and unborn), and families in need.”
However, achieving broad bipartisan collaboration on such initiatives may not come soon, Snead acknowledged.
“It is true, regrettably, that the only political party that has been willing to partner to provide legal protection for the unborn is the Republicans,” he said.
Chad Pecknold, a theology professor at The Catholic University of America, also doubted there could be a post-Roe surge of bipartisanship on abortion.
“So long as Democrats insist on abortion for all nine months of a pregnancy, and as long as Republicans recognize that abortion runs contrary to the 14th Amendment, this will remain a partisan issue,” he said via email.
“But the goal of the pro-life movement has never been partisan,” Pecknold added. “The goal is justice for pre-born persons who have a right to live, to be loved, to be raised in a family.”
Bishop Joseph Strickland of Tyler, Texas – an outspoken critic of Catholic politicians who support abortion rights — said abortion opponents “must continue to provide support and care for the mothers who find themselves in difficult situations.”
“I pray that we may move to a place where mother and child are both held as sacred and society supports both lives in every way possible,” he said via email.
David Gibson, director of the Center on Religion and Culture at Fordham University, questioned the significance of recent promises by Catholic bishops and other anti-abortion leaders to boost support for unwed mothers.
“Can this movement that is so tied to the Republican Party and the conservative movement suddenly pivot to mobilizing its people for socially liberal policies?” Gibson asked, referring to programs such as subsidized child care and paid maternity leaves.
Steven Millies, a professor of public theology at the Catholic Theological Union in Chicago, says the bishops bear partial responsibility for the entrenched polarization over abortion, which he expects to continue even if Roe is overturned.
“It’s unrealistically hopeful to think that the habits of division will be abandoned,” said Millies, suggesting that the bishops could have done more to reduce abortions over the years by pressing hard for stronger, better-funded social programs.
Rebecca Bratten Weiss, a writer and the digital editor of U.S. Catholic magazine, said she no longer labels herself “pro-life” — though she was active in that movement for many years and believes all life is worthy of protection.
“The people who are working to overturn Roe have made it quite clear they have zero interest in expanding safety nets,” she said. “They either haven’t thought through the consequences, or they are OK with the consequences — a higher rate of infant mortality, more women seeking unsafe abortions, more families driven to desperate measures.”
Thomas Reese, a Jesuit priest who writes for Religion News Service, suggested in a column that reversal of Roe should be an occasion for reassessment by the many bishops who embraced the Republican Party because of its anti-abortion stance.
“Catholic bishops will celebrate this victory for which they have worked for decades, but ironically it should lead to a divorce between the bishops and Republicans,” Reese wrote. “The GOP has nothing else to offer them. In fact, except for abortion, its proposals are the opposite of Catholic social teaching.”
Assuming Roe is overturned, Reese added, “the bishops can declare victory on abortion and turn their focus to social programs … that help women have and raise children so they are not forced to have abortions. ”
Yet Reese doubts this will happen.
“My guess is they will continue to fight as long as there is no consensus in America on abortion,” he wrote. “This will mean sticking with the Republicans and sacrificing all their other priorities.”
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/health/ap-health/some-catholic-abortion-foes-are-uneasy-about-overturning-roe/ | 2022-05-13T17:37:22Z |
SEOUL, South Korea, June 8, 2022 /PRNewswire/ -- South Korean private equity firm Hahn & Co. has announced that it has signed definitive agreements to acquire 100% of the polyester film (PET) business from South Korea's SK Group for KRW1.6 trillion (US$1.3 billion). SK's PET film business is the largest in Korea and the fourth largest globally, with revenues of KRW1.13 trillion (US$953 million) in 2021. The transaction represents one of the largest acquisitions in Korea and Asia to date this year.
This transaction furthers Hahn & Co.'s focus on private equity acquisitions in Korea and builds upon its track record of successfully acquiring and revamping Korean companies, building globally leading companies in industrial products, transportation, and business services. The acquisition represents Hahn & Co.'s fourth acquisition in Korea since the outbreak of the COVID-19 pandemic while M&A activity in Korea has slowed, notably the in-flight catering and duty-free retail businesses of Korean Air as well as the biofuel business of SK Chemicals.
"SK's PET business is a global leader with attractive opportunities for growth and expansion in untapped markets. This acquisition continues Hahn & Co.'s conviction in Korea as an attractive while overlooked market for acquisitions," said Scott Sang-Won Hahn, CEO of Hahn & Co.
About Hahn & Co.
Established in 2010, Hahn & Co. is one of the largest private equity firms operating in Korea. The firm currently manages the largest private equity capital raised to date for the Korea market. Companies controlled by Hahn & Co. generate revenues of approximately KRW16 trillion (US$12.8 billion), assets of KRW39.6 trillion (US$31.6 billion) with over 30,000 employees.
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SOURCE Hahn & Co. | https://www.mysuncoast.com/prnewswire/2022/06/08/hahn-amp-co-acquires-sk-groups-polyester-pet-film-business/ | 2022-06-08T13:47:32Z |
NEW YORK, May 23, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Arqit Quantum Inc. (f/k/a Centricus Acquisition Corp.) ("Arqit" or the "Company") (NASDAQ: ARQQ). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Arqit and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On April 18, 2022, The Wall Street Journal published a story entitled: "British Encryption Startup Arqit Overstates Its Prospects, Former Staff and Others Say." The Wall Street Journal reported, among other things, that "Arqit has given investors an overly optimistic view of its future revenue and the readiness and workability of its signature encryption system", citing "former employees and other people familiar with the company, and documents viewed." Specifically, "people familiar with the matter said that the bulk of [Arqit's] committed revenue isn't from selling its product and that at its public launch, [Arqit] had little more than an early-stage prototype of its encryption system. Several clients [Arqit] lists—including a number of British government agencies—are simply giving Arqit research grants, nonbinding memorandums of understanding or research agreements that come with no funding, not contracts for its encryption product, they said." The article also reported that "[i]n April 2021, Arqit's chief revenue officer resigned after raising concerns with [Arqit's CEO] that he was overstating contracts and giving unrealistic revenue projections to potential investors".
On this news, Arqit's stock price fell $4.61 per share, or 30.61%, over the following two trading sessions, to close at $10.45 per share on April 19, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/05/23/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-arqit-quantum-inc-fka-centricus-acquisition-corp-arqq/ | 2022-05-24T00:30:11Z |
Ski resort to retire ‘insensitive’ name
SOUTH POMFRET, Vt. (CNN) – A small ski resort in Vermont is retiring its controversial name this summer.
It’s called “Suicide Six.”
With growing complaints about the insensitive nature of its nearly 90-year-old name, the owners are working on new branding.
On the resort’s website, it said it “embraces the increasing awareness surrounding mental health and shares the growing concerns about the insensitive nature of the historical name.”
The website says the name originally came after the man who built one of the runs joked that skiing the steep trail would be suicide.
The ski area near Woodstock is best known for being the home of the Fisk Trophy Race, a rite of passage for competitive skiers.
A new name should be announced later this summer, well before the next winter ski season.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/06/30/ski-resort-retire-insensitive-name/ | 2022-06-30T18:42:49Z |
- The 2022 Resale Report estimates that the U.S. secondhand market is projected to double by 2026, reaching $82 billion
- A one-time special section exploring inflation's impact on purchasing behavior shows resale is a bright spot for the consumer
OAKLAND, Calif., May 17, 2022 /PRNewswire/ -- thredUP (NASDAQ: TDUP), one of the largest online resale platforms for women's and kids' apparel, shoes, and accessories, today released the results of the 2022 Resale Report. Conducted by third-party retail analytics firm GlobalData, the study serves as the most comprehensive measure of the secondhand market and includes global market sizing for the first time.
The 10th annual study reveals that secondhand is becoming a global phenomenon led by North America, with the U.S. secondhand market estimated to more than double by 2026, reaching $82 billion. This year's study reveals new insights on the key factors driving market growth, why consumers are thinking secondhand first, and the rise of branded recommerce among retailers. It also includes a one-time special section exploring inflation's impact on the consumer and a 10-year anniversary lookback on the last decade in resale.
"The last 10 years of resale were dominated by marketplaces, but brands and retailers are driving the next wave of secondhand. We're still in the very beginning of this trend, but the acceleration of resale adoption is a positive signal with enormous benefits for the planet. This year's report proves that with the collective power of conscious consumers, resale marketplaces, and forward-thinking brands and retailers, we can pioneer a more sustainable future for the fashion industry." – James Reinhart, thredUP CEO & Co-Founder
Notable findings from thredUP's 2022 Resale Report (all U.S. figures unless otherwise noted):
Secondhand is becoming a global phenomenon, led by the U.S.
- The global secondhand apparel market will grow 127% by 2026 – 3X faster than the global apparel market overall.
- The U.S. secondhand market is expected to more than double by 2026, reaching $82 billion.
- Resale is expected to grow 16 times faster than the broader retail clothing sector by 2026.
Technology and online marketplaces are driving the growth of the U.S. secondhand market.
- Online resale is the fastest-growing sector of secondhand and is expected to grow nearly 4 times by 2026.
- 50% of total secondhand dollars are expected to come from online resale by 2024.
- 70% of consumers say it's easier to shop secondhand now than it was 5 years ago.
In an inflationary environment, resale is a bright spot for the consumer.
- 58% of consumers say secondhand has helped them in some way during a time of inflation.
- 80% of consumers are buying the same or more secondhand apparel items, compared to 49% of consumers buying the same or more apparel items overall.
- 25% of consumers say they'll consider buying more secondhand products if prices in apparel, footwear, and accessories keep rising.
Brands and retailers are embracing resale to satisfy consumer demand, and resale is becoming an inevitable part of retail.
- Brands with resale shops increased 275% in 2021 compared to 2020, according to the Recommerce 100.
- 78% of retail executives say their customers are already participating in resale – up 16 points from 2020.
- 52% of retail executives say offering resale is becoming table stakes for retailers – up 16 points from 2020.
- 88% of retail executives who currently offer resale say it's helping drive revenue.
Resale is a powerful solution to the fashion industry's wastefulness.
- Secondhand displaced nearly one billion new clothing purchases in 2021.
- Nearly 2 in 3 consumers believe their individual consumption habits have a significant impact on the planet.
Consumers are thinking secondhand first.
- 41% of consumers say when they shop for apparel, secondhand is the first place they look.
- 62% of Gen Z and Millennials say they look for an item secondhand before purchasing a new item.
- 46% of Gen Z and Millennials consider the resale value of an apparel item before purchasing it.
Social pressure fuels consumers' addiction to disposable fashion.
- 62% of fast fashion shoppers say fast fashion retailers encourage people to buy things they don't need.
- 1 in 5 fast fashion shoppers say they feel pressured to have the latest styles due to social media.
- 65% of those who bought their first thrifted item a year ago say they want to quit buying fast fashion.
- 65% of consumers who shop fast fashion say they aspire to buy more secondhand fashion.
"Resale has emerged from the pandemic in an extremely strong position. More consumers are shopping secondhand, growth has accelerated, and the interest from traditional retailers has soared. The economic outlook remains uncertain, but with inflation driving apparel prices higher and higher, more shoppers appear to be turning to secondhand to make their budgets stretch further. These things will ensure resale remains a disruptive part of the market and a force for good in helping people shop sustainably." – Neil Saunders, Managing Director, GlobalData
To see the study's full results, visit http://www.thredup.com/resale. Download report imagery here and social media assets here.
About the 2022 Resale Report
thredUP's Annual Resale Report contains research and data from GlobalData, a third-party retail analytics firm. GlobalData's assessment of the secondhand market is determined through consumer surveys, retailer tracking, official public data, data sharing, store observation, and secondary sources. These inputs are used by analysts to model and calculate market sizes, channel sizes, and market shares. Further, for the purpose of this report, GlobalData conducted a January 2021 survey of 3,500 American adults over 18, asking specific questions about their behaviors and preferences for secondhand. GlobalData also surveyed the top 50 U.S. fashion retailers and brands in January and February 2022 to gather their opinions on resale. thredUP's Resale Report also leverages data from the following sources: Green Story Inc. research and internal thredUP customer and brand performance data.
Disclosure: All third-party brand names and logos appearing in this report are trademarks or registered trademarks of their respective holders. Any such appearance does not imply any affiliation with or endorsement of thredUP.
About thredUP
thredUP is transforming resale with technology and a mission to inspire a new generation of consumers to think secondhand first. By making it easy to buy and sell secondhand, thredUP has become one of the world's largest online resale platforms for women's and kids' apparel, shoes and accessories. Sellers love thredUP because we make it easy to clean out their closets and unlock value for themselves or for the charity of their choice while doing good for the planet. Buyers love shopping value, premium and luxury brands all in one place, at up to 90% off estimated retail price. Our proprietary operating platform is the foundation for our managed marketplace and consists of distributed processing infrastructure, proprietary software and systems and data science expertise. With thredUP's Resale-as-a-Service, some of the world's leading brands and retailers are leveraging our platform to deliver customizable, scalable resale experiences to their customers. thredUP has processed over 125 million unique secondhand items from 35,000 brands across 100 categories. By extending the life cycle of clothing, thredUP is changing the way consumers shop and ushering in a more sustainable future for the fashion industry.
Forward Looking Statements
This release contains forward-looking statements. Forward-looking statements include all statements that are not historical facts. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "predict" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. Except as required by law, thredUP has no obligation to update any of these forward-looking statements to conform these statements to actual results or revised expectations.
Contact
Christina Berger
thredUP
media@thredup.com
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SOURCE thredUP | https://www.wibw.com/prnewswire/2022/05/17/thredup-releases-10th-annual-resale-report-with-insights-decade-resale/ | 2022-05-17T10:39:43Z |
Partnership will drive further collaboration around investment sourcing and deal flow in the digital assets space and beyond
NEW YORK and NASSAU, Bahamas, Sept. 9, 2022 /PRNewswire/ -- FTX Ventures, a multi-stage venture capital fund, today announced that it will acquire a 30% stake in SkyBridge Capital ("SkyBridge"), a global alternative investment firm. The financial terms of the deal have not been disclosed.
FTX Ventures' investment will provide SkyBridge additional working capital to fund growth initiatives and new product launches. Further, SkyBridge will use a portion of the proceeds to purchase $40 million in cryptocurrencies to hold on its corporate balance sheet as a long-term investment. SkyBridge remains profitable and debt-free, notwithstanding market conditions.
The deal is the latest collaboration between SkyBridge and FTX, following the multi-year partnership to sponsor global SALT conferences in North America, Asia and the Middle East, and co-present Crypto Bahamas, the leading institutional digital assets conference that launched in April 2022. The firms will expand their collaboration on venture and digital asset investing across current and future product offerings.
"Sam is a visionary who has built incredible businesses that are synergistic with the future of SkyBridge," said Anthony Scaramucci, Founder and Managing Partner, SkyBridge. "Our business has continued to evolve since we founded the firm in 2005. We will remain a diversified asset management firm, while investing heavily in blockchain."
"After working with Anthony and his team following our SALT conference partnership, we saw there was an opportunity to work closer together in ways that could complement both our businesses,'' said Sam Bankman-Fried. "We look forward to collaborating closely with SkyBridge on its crypto investment activity and also working alongside them on promising non-crypto-related investments."
Anthony Scaramucci and Sam Bankman-Fried will discuss the partnership together on stage at SALT New York's opening session on Monday September 12 at 9:00 a.m. ET.
FTX Ventures is a multi-stage venture capital fund focused on supporting the world's best teams building in crypto and web3. The fund provides flexible funding and strategic support from FTX and its network of global partners.
SkyBridge Capital is a global multi-strategy alternative investment firm, with a focus on hedge funds, fintech and venture capital. https://www.skybridge.com/
FTX Ventures Media Contact
Jay Morakis
M Group Strategic Communications
ftxventures@mgroupsc.com
SkyBridge Capital Media Contact
Prosek Partners
pro-skybridge@prosek.com
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SOURCE SkyBridge Capital | https://www.kxii.com/prnewswire/2022/09/09/ftx-ventures-acquire-stake-skybridge-capital/ | 2022-09-09T12:35:04Z |
ATLANTA, June 23, 2022 /PRNewswire/ -- Progress Learning, LLC, a leading nationwide provider of online K-12 standards-aligned learning solutions, is pleased to announce the acquisition of Horizon Education, LLC, a provider of postsecondary readiness programs aimed at helping high school students prepare for graduation and college entrance exams, including the SAT, PSAT, ACT, and PreACT.
This acquisition comes on the heels of the integration and merger of USATestprep, an online platform for grades 3-12 standards-aligned learning tools, and Education Galaxy, an online learning solutions provider for K-8 e-learning programs, to create Progress Learning, LLC. With the addition of Horizon Education, Progress Learning is further establishing itself as a premier standards-aligned content solution across every grade level, from kindergarten to elementary school, middle school, and high school.
The acquisition upgrades Progress Learning's high school experience. In more than 20 states across the country, the SAT and ACT are not just considered college entrance exams; they're also used as required summative assessments for high school graduation. Unlike other SAT/ACT preparation tools sold directly to consumers, Horizon Education partners directly with high schools to equip students with the resources they need to master these exams.
Horizon Education will become the fifth product in the Progress Learning suite of education tools, which now includes Progress Learning Elementary School, Liftoff for Adaptive Intervention, Progress Learning Middle School, Progress Learning High School, and Horizon Education.
"We're thrilled to bring Horizon Education on board our K-12 solution," said Will Clemens, Chief Executive Officer of Progress Learning. "In 2020, we identified the best elementary education solution in Education Galaxy, and now, we're adding the best college preparation solution, Horizon Education, to our leading middle and high school product. These integrations will allow Progress Learning to be a first-in-class solution for all students, no matter whether they're just entering kindergarten or thinking about life after high school."
The strategic partnership allows Progress Learning to continue offering the best products from experts in their respective fields. Founded in 2013, Dustin Bainbridge created Horizon Education after leveraging years of test preparation experience at the Princeton Review. Serving students through their high schools across 25 states, Horizon Education is committed to college readiness for all students, regardless of socioeconomic status. They provide equitable access and resources to students, families, and educators by partnering with districts and schools. Their powerful solutions and professional development tools help educators measure and analyze growth over time with diagnostic PSAT, SAT, PreACT, and ACT-aligned assessments, including detailed score reports and analysis.
"Our missions at Horizon Education and Progress Learning are perfectly aligned, which is why we couldn't be more pleased to join their family of products," said Dustin Bainbridge, CEO of Horizon Education. "We have always believed that education is a civil right and the cornerstone to our democracy, and as part of Progress Learning, we will continue to help students pave the way toward success on their postsecondary path."
Progress Learning provides a comprehensive, standards-aligned instructional resource and content solution for grades K-12. Bringing over 30 years of combined education and classroom experience, Progress Learning has transformed the teaching and learning experience for thousands of school districts and millions of students by providing innovative, high-quality, tech-enabled education solutions, progress monitoring, and standards-aligned content created by veteran classroom teachers. Progress Learning has served more than 4 million students per year in 4,000 school districts nationwide across 50 states. More information can be found at progresslearning.com.
Progress Learning Locations:
Dallas Office
2201 N Central Expy #121
Richardson, TX 75080
Phone: 1-844-542-5299
Media Contacts:
Progress Learning
Name: Nancy Rothman
Title: VP, Marketing
Email: nancy@progresslearning.com
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SOURCE Progress Learning | https://www.wibw.com/prnewswire/2022/06/23/progress-learning-acquires-horizon-education-strengthen-enhance-college-test-prep-offering/ | 2022-06-23T16:26:11Z |
ROSH HA'AYIN, Israel,, July 13, 2022 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ and TASE: PTNR), a leading Israeli communications operator, announced today that further to the Company's report dated December 14, 2021 regarding the signing of a collective employment agreement for a period of three years until December 31, 2024 (the "Collective Employment Agreement"), the Company, the employees' representatives and the Histadrut New General Labor Organization (the "Parties"), signed a special collective employment agreement, that is valid until December 31, 2024 (the "Special Collective Employment Agreement"), that regulates, among other things, a salary increase mechanism for the years 2023 and 2024 and a mechanism for employee participation in the Company's profits from year 2023 onwards.
The Special Collective Employment Agreement grants the employees, among other things, salary increases for each of the years 2023 and 2024 in the amount of 3.5% for employees with a seniority of at least 1.5 years, to be differentially allocated, special salary increases for the years 2023 and 2024 for employees with a seniority of at least 4 years with salaries that do not exceed the salary level set forth in the Special Collective Employment Agreement; a mechanism for employee participation in the Company's profits starting in 2023 in accordance with the Company meeting its targets and a one-time retention grant for employees with a seniority of at least 2 years, to be differentially allocated.
The Special Collective Employment Agreement will include the Company's statement that at least until December 31, 2024, it will maintain the Company's assets (the cellular network and the fiber network) under its ownership at least as the situation is on the day of signing the Special Collective Employment Agreement, and will not take streamlining or downsizing termination steps, except in specific cases, and subject to the agreement of the employee representatives.
The Special Collective Employment Agreement exhausts the Parties' claims until December 31, 2024, for the matters settled therein, including all matters pertaining to participation in profits, salary increases and acquisition of control of the Company and the Parties' undertaking to maintain industrial silence on matters regulated therein. As a result, the labor dispute that was announced on April 12, 2022 is cancelled.
The estimated cost of the matters included in the Special Collective Employment Agreement (not including the cost of employee participation in the Company's profits that is conditional upon future results) is approximately NIS 20.3 million for the year 2022 and approximately NIS 41.6 million for both of the years 2023 and 2024.
For further information please see the Company's Annual Report on Form 20-F for the year ended December 31, 2021 – "Item 3. Key Information - 3D.2j - The unionization of our employees has negatively affected and may continue to affect our financial results" and "Item 6 DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES - 6D. Employees".
Forward-Looking Statements
This press release includes forward-looking statements, as this term is defined in Section 27A of the US Securities Act of 1933, as amended, Section 21E of the US Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the US Private Securities Litigation Reform Act of 1995. Words such as "will", "believe", "anticipate", "expect", "intend", "strive", "seek", "plan", "could", "may", "foresee", "target", "objective", "goal", declensions thereof and similar expressions typically convey forward-looking statements, but these words are not the only words that convey these statements. We have based these forward-looking statements on our current knowledge and our present beliefs and expectations regarding possible future events. These forward-looking statements are subject to risks, uncertainties and assumptions, including potential difficulties which may arise from the signing of the collective employment agreement and its financial impact on the Company.
About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner's ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
For more information about Partner see:
Contacts:
Mr. Tamir Amar, Deputy CEO & Chief Financial Officer, Tel: +972-54-781-4951
Mr. Amir Adar, Head of Investor Relations & Corporate Projects, Tel: +972-54-781-5051, Email: investors@partner.co.il
Logo - https://mma.prnewswire.com/media/1334689/Partner_Communications_Logo.jpg
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SOURCE Partner Communications Company Ltd. | https://www.kxii.com/prnewswire/2022/07/13/partner-communications-announces-entry-into-special-collective-employment-agreement-valid-until-december-31-2024/ | 2022-07-13T16:08:58Z |
LIVERPOOL, England (AP) — There was frustration from Jürgen Klopp at dropping vital points but no moaning.
His Liverpool’s 1-1 draw with a tactically disciplined and defensively robust Tottenham handed Manchester City an even greater initiative in the English Premier League title race.
The damage would have been greater had Luis Diaz’s deflected strike not canceled out Son Heung-min’s tap-in for the fifth-placed visitors.
“I’m really proud of the performance,” Klopp said. “The mentality we showed.”
It’s the mentality that might yet propel the Champions League and FA Cup finalists, who have already collected the League Cup, to a treble.
A quadruple of trophies could soon become out of reach.
Liverpool is back in first place in the league but City can pull three points clear with three games remaining by beating Newcastle on Sunday.
“The boys are more disappointed than I am,” Klopp said.
It’s a testament to Liverpool’s recovery this season that the title race is going this close to the wire. Being held by Tottenham was only the second time in 14 matches that Liverpool has dropped points, and the other time was against City.
While Tottenham is the only team unbeaten against City and Liverpool this season — with eight points from a possible 12 — drawing at Anfield also hurts Spurs’ bid to qualify for the Champions League.
Arsenal in fourth place can pull four points ahead of Tottenham by beating Leeds on Sunday ahead of a north London derby meeting on Thursday.
But the performance against the 2020 champion will galvanize Tottenham for the run-in.
“This was perfect in our game plan, good team play,” Son said. “But we should have got more.”
The moment to take the lead was seized with a flowing attack in the 56th minute when Harry Kane laid the ball off to the left flank where Ryan Sessegnon squared for Son to finish simply into an unprotected net.
Changes to double the lead were minimal before Díaz’s shot in the 74th deflected off Rodrigo Bentancur and beat goalkeeper Hugo Lloris.
UNITED EMBARRASSED
It’s five straight away losses for Manchester United — with 16 goals conceded in that run — after a 4-0 loss to Brighton for another low in Ralf Rangnick’s interim spell as manager.
Trailing 1-0 at halftime after Moises Caicedo’s long-range strike, United conceded three goals in 11 minutes from the 49th as Marc Cucurella, Pascal Gross and Leandro Trossard scored for a rampant Brighton team with little to play for at the end of the season.
The best United can realistically hope for is a sixth-place finish and a spot in the Europa League.
The season will end with United’s fewest points since 1991, before the Premier League era launched. It’s a challenging situation for incoming manager Erik ten Hag to inherit.
CHELSEA COLLAPSES
Todd Boehly certainly got drama after taking his seat at Chelsea as a prospective part-owner, just not what he was hoping for as the west London club collapsed to draw against Wolverhampton 2-2.
Boehly appeared to live the emotional rollercoaster of the match — from the early VAR calls disallowing two Chelsea goals, to the double from Chelsea striker Romelu Lukaku, to the equalizer by Wolves defender Conor Coady in the seventh minute of second-half stoppage time.
“We are disappointed not to give the first win for him,” Chelsea captain Cesar Azpilicueta said of Boehly.
A consortium fronted by the Los Angeles Dodgers’ part-owner agreed on terms for the 2.5 billion-pound ($3.1 billion) purchase of Chelsea. The takeover needs Premier League and government approval.
Third-placed Chelsea is still not certain of securing Champions League qualification for the first full season of Boehly’s reign. The team is four points ahead of Arsenal, which plays Leeds on Sunday.
WATFORD RELEGATED
Roy Hodgson couldn’t keep Watford up in perhaps the final job of his long coaching career.
Watford’s immediate return to the Championship was sealed by a 1-0 loss at Crystal Palace, for whom Wilfried Zaha scored a penalty.
When Hodgson — the 74-year-old former England manager — was hired in January, Watford was in next-to-last place and the team is still there with three games remaining. Time has run out, though, with Watford on 22 points — 12 from safety.
Burnley might yet join Watford and already-relegated Norwich in the Championship after losing at home to Aston Villa 3-1 for its first defeat under interim manager Mike Jackson.
It left Burnley two points clear of third-to-last Everton, which has two games in hand — the first at Leicester on Sunday.
Brentford, though, can start preparing for another season in the Premier League after beating Southampton 3-0 in its first top-flight campaign since 1947.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/liverpool-title-setback-drawing-with-spurs-aids-citys-bid/ | 2022-05-08T19:02:26Z |
VANCOUVER, BC, June 15, 2022 /PRNewswire/ - Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0) is pleased to report that, further to its previous news releases (see news releases dated April 4, 2022, May 16, 2022 and May 18, 2022) and subject to the approval of the TSX Venture Exchange (the "Exchange"), it has closed its final tranche of its non-brokered private placement (the "Private Placement") issuing an additional 4,512,007 units (each a "Unit") at a price of $0.30 per Unit for total gross proceeds of $1,353,602. In total, USHA has raised gross proceeds of $2,895,401 in all four tranches.
Deepak Varshney, CEO of Usha Resources stated: "Given the current market conditions, completion of this oversubscribed placement speaks to the strong demand and growing confidence in our team, our Lithium, Gold-Copper and Nickel projects and future vision for where we intend to take this Company. We are very pleased to welcome many new subscribers in this financing, including our latest institutional investor, and thank our existing shareholders who participated for their on-going support. With a well-funded treasury, USHA is positioned to execute at each of our projects and we look forward to a busy and productive field season."
Each Unit issued consists of one common share (a "Share") in the capital of the Company and one-half of one transferable Share purchase warrant (each whole warrant, a "Warrant") with each whole Warrant exercisable at $0.45 per Share for a period of 2 years from the date of closing (the "Expiry Date").
In connection with the final tranche of the Private Placement, the Company paid finders' fees of $7,920 cash and 26,400 non-transferable finder warrants (the "Finder Warrants") to PI Financial Corp., $1,800 cash and 6,000 Finder's Warrants to Leede Jones Gable Inc., and $4,208.02 cash and 14,027 Finder's Warrants to Research Capital Corporation. The Finder's Warrants are exercisable on the same terms as the Warrants issued in the Private Placement and were issued in accordance with applicable securities laws and Exchange Policy.
All securities issued in the fourth tranche of the Private Placement are subject to the Exchange hold period, plus a hold period of four months and one day following the closing dates of the Private Placement expiring on October 15, 2022.
The proceeds raised under the Private Placement will be used for working capital and general corporate purposes including:
- Aggressive exploration at the Jackpot Lake Lithium Brine project, where the Company intends on completing its maiden drilling program with the goal of completing a 43-101 resource estimate by Q4 of 2022 (https://bit.ly/3tD9ndz);
- Exploration at the Lost Basin Gold-Copper project, where the Company intends on completing its maiden drilling program following more than a year of target development and generation (https://bit.ly/39mFN59); and
- Subject to a number of conditions, completion of the spinout of its Nicobat Nickel Project into its wholly-owned subsidiary, Formation Metals Corporation ("FMC"), giving shareholders a "20% share dividend" of one (1) share of FMC with respect to every five (5) shares of USHA owned on the share distribution record date (https://bit.ly/3b3cRjd).
Usha Resources Ltd. is a North American mineral acquisition and exploration company focused on the development of quality battery and precious metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Usha's portfolio of strategic properties provides target-rich diversification and consist of Jackpot Lake, a lithium project in Nevada; Nicobat, a nickel‑copper‑cobalt project in Ontario; and Lost Basin, a gold-copper project in Arizona. Usha trades on the TSX Venture Exchange under the symbol USHA, the OTCQB Exchange under the symbol USHAF and the Frankfurt Stock Exchange under the symbol JO0.
"Deepak Varshney" CEO and Director
For further information: please call Tyler Muir, Investor Relations, at 1-888-772-2452, email tmuir@usharesources.com, or visit www.usharesources.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.
This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.
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SOURCE Usha Resources Ltd. | https://www.wibw.com/prnewswire/2022/06/15/usha-resources-closes-final-tranche-oversubscribed-non-brokered-private-placement-totalling-2895401/ | 2022-06-15T12:13:58Z |
The family-favorite designer of soft, bamboo baby and toddler clothing releases three iconic prints inspired by the Wizarding World.
DALLAS, Sept. 14, 2022 /PRNewswire/ -- Kyte BABY announces its collaboration with Warner Bros. Consumer Products on its enchanting Harry Potter Collection of bamboo sleepwear, featuring three iconic prints for babies and toddlers inspired by the Harry Potter films. The collection will feature a range of body styles and accessories, including Kyte BABY's beloved sleep bags and blankets.
"We are overjoyed to be working with Warner Bros. Consumer Products!" said Kyte BABY Founder Ying Liu, whose own children admire the Wizarding World. "Our entire Kyte BABY team are huge Harry Potter fans too, so when we had the opportunity to make clothes with Harry Potter themes, it was a no-brainer! We are excited about our customers finding the best prints for their little ones."
With stars and sparkles to bring the magic to life, the Flight print includes three beloved flying creatures as depicted in JK Rowling's iconic stories. Hedwig the owl, Fawkes the phoenix and Buckbeak the Hippogriff will grace this collection, with their hallmark prints set on an all-new dark blue background color, Tahoe, which is from the Kyte's Fall 2022 collection.
The Icons print features several iconic elements from the Harry Potter films with metallic gold accents to give the overall print an enchanting and festive look. Images include Harry Potter's glasses and lightning bolt scar, a Golden Snitch, the Deathly Hallows symbol and a winged key.
Herbology is a print that contains many natural elements, including subjects of study during Herbology lessons at Hogwarts and iconic plants as depicted in the films, such as Mandrakes, Dirigible Plums, Asphodel and Leaping Toadstools. The illustrations, outlined in black, have a khaki background giving them Kyte BABY's spin on a vintage look.
The enchanting Harry Potter Collection will be available for purchase on the Kyte BABY website starting on Sept. 15 at 10 a.m. CDT. For more information, visit www.kytebaby.com.
Founded in 2014 in Dallas, Texas, Kyte BABY is the brainchild of Ying Liu. When looking for better quality material for her sensitive baby's skin, her research led her to the soothing and sustainable properties of bamboo. Out of this, Kyte BABY was launched. Using this environmentally-intelligent fabric, the company's line features clothing for babies, toddlers, and moms. The name Kyte BABY is a playful nod to the whimsical activity of flying a kite, meant to evoke a feeling of innocence, freedom, and a return to nature. Kyte BABY is a testament to timeless fun and youth while being natural and healthy.
Warner Bros. Consumer Products (WBCP), part of Warner Bros. Discovery Global Brands and Experiences, extends the company's powerful portfolio of entertainment brands and franchises into the lives of fans around the world. WBCP partners with best-in-class licensees globally on an award-winning range of toys, fashion, home décor, and publishing inspired by Warner Bros.' biggest franchises from DC, Wizarding World, Looney Tunes, Hanna-Barbera, Game of Thrones, Cartoon Network and Adult Swim. With innovative global licensing and merchandising programs, retail initiatives, and promotional partnerships, WBCP is one of the leading licensing and retail merchandising organizations in the world.
In the years since Harry Potter was whisked from King's Cross Station onto Platform nine and three quarters, his incredible adventures have left a unique and lasting mark on popular culture. Eight blockbuster Harry Potter films based on the original stories by J.K. Rowling have brought the magical stories to life and today, the Wizarding World is recognized as one of the world's best-loved brands.
Representing a vast interconnected universe, it also includes three epic Fantastic Beasts films, Harry Potter and the Cursed Child – the multi-award-winning stage-play, state-of-the-art video and mobile games from Portkey Games, innovative consumer products, thrilling live entertainment (including four theme park lands) and insightful exhibitions.
This expanding portfolio of Warner Bros. owned Wizarding World tours and retail also includes the flagship Harry Potter New York, Warner Bros. Studio Tour London – The Making of Harry Potter, Warner Bros. Studio Tour Tokyo, and the Platform 9 3⁄4 retail shops.
The Wizarding World continues to evolve to provide Harry Potter fans with fresh and exciting ways to engage. For the worldwide fan community, and for generations to come, it welcomes everyone in to explore and discover the magic for themselves.
WIZARDING WORLD and all related trademarks, characters, names, and indicia are © & ™ Warner Bros. Entertainment Inc. Publishing Rights © JKR. (s22)
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SOURCE Kyte BABY | https://www.kxii.com/prnewswire/2022/09/14/kyte-baby-launches-harry-potter-inspired-collection/ | 2022-09-14T20:38:32Z |
CEO’s killing marks this city’s first homicide since 2008
FAIRFAX, Va. (WUSA) – The murder of a CEO in Fairfax City, Virginia marks the first homicide the city has seen in 14 years.
Police in Fairfax got the call just before 3 a.m. on Friday about a shooting. When they arrived at the home, officers found 32-year-old Gret Glyer dead inside.
Police said another adult resident of the home was the person who called 911. Two young kids were also inside the home at the time of the 911 call.
Police said the back door of the home was open when they arrived, but they have not identified a suspect nor a motive for the murder.
Glyer’s family said he was the CEO for a company called Donorsee, a giving platform which describes its mission as to “help the world’s poorest.” Glyer wrote on the company website that he found his love for giving on a trip to Malawi, Africa.
His last tweet ever, which was sent Thursday evening, reads, “The day we end extreme poverty, we will throw the world’s biggest party. It will be one of the greatest days of humankind.”
Neighbors were shocked to hear about the shooting.
“We certainly never think it’s going to happen in our neighborhood,” one neighbor said. “But unfortunately, this is America, and the proliferation of guns, and the level of violence we all experience is just unacceptable. And it can happen everywhere.”
A post on Donorsee’s Facebook page called Glyer a “shining light that has brought hope and joy to everyone and everything he touched.”
According to police, this was the first homicide in Fairfax City since July 2008.
Copyright 2022 WUSA via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/27/ceos-killing-marks-this-citys-first-homicide-since-2008/ | 2022-06-27T21:31:06Z |
Report: Dog contracted monkeypox from its owners
Published: Aug. 16, 2022 at 7:56 AM CDT|Updated: 6 minutes ago
(CNN) - A monkeypox case in France appears to have spread from humans to a dog.
According to a case published in the Lancet Medical Journal, two men who live in the same household contracted the virus.
About two weeks later, their dog, a four-year-old Italian greyhound, started to have symptoms of monkeypox and tested positive.
The couple said they co-slept with their dog.
This is believed to be the first human-to-dog transmission of the monkeypox virus.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/16/report-dog-contracted-monkeypox-its-owners/ | 2022-08-16T13:03:10Z |
LOS ANGELES, April 11, 2022 /PRNewswire/ -- The Law Firm of Werksman Jackson & Quinn LLP, established in 1994 and dedicated to criminal defense (with an emphasis on the most serious white-collar matters), civil litigation and civil rights cases in California state courts and Federal courts nationwide, is pleased to welcome former justice Halim Dhanidina to our firm as a partner.
"We could not be more excited to welcome Justice Dhanidina to the Firm. Justice Dhanidina is an icon in the California legal community whose reputation and skill is unparalleled. As a former deputy district attorney, Superior Court Judge, and Appellate Court Justice, Halim brings to bear a unique and incomparable perspective to the practice of criminal law," said Mark Werksman, managing partner at Werksman Jackson.
"He knows how to try a case, he knows juries, and he clearly knows the courts. His addition to the Firm will significantly benefit our clients as Werksman Jackson continues to represent some of the most consequential matters in the country," added partner Alan Jackson.
Dhanidina joins Werksman Jackson after serving the public for over 23 years, first as a prosecutor, where he prosecuted felony cases for the elite Hardcore Gang and Major Crimes division, handling numerous high-profile cases including 7 capital cases, then as a justice for the California Court of Appeal, where he heard over 800 appeals, and later presided over 70 jury trials as a Los Angeles County Superior Court Judge. Dhanidina is the first Muslim to be appointed judge in the state of California.
"After devoting 23 years of my career to service in the criminal courts as a prosecutor, judge, and appellate justice, I can think of no better place to apply the unique skill set I have developed than Werksman Jackson and Quinn," said Dhanidina. "Their reputation for excellence in criminal practice and exemplary quality of their advocacy drew me to join their partnership and inspires me to advance the firm's place as the premier defense practice in the state if not the nation."
Justice Dhanidina serves as an Independent Director on the Board of Fidelity National Financial Group (FNF) and is a consultant for the venture capital firm CerraCap Ventures. He also volunteers as a board member for the non-profit organization Muslim-Jewish NewGround, and he serves on the Advisory Boards of the Asian Pacific American Bar Association, South Asian Bar Association and Asian Americans Advancing Justice and is a member of the Foundation Board and Board of Trustees of the Orange County School of the Arts. He is also an adjunct professor of law at the University of California at Los Angeles, the University of California at Irvine and Chapman University.
Dhanidina was a founding member of APABA-LA and has received the South Asian Network's Community Empowerment Award, the Muslim Public Affairs Council Foundation's Community Leadership Award, the Muslim Legal Fund of America's Trailblazer in Justice Award, and the South Asian Bar Association Foundation's Trailblazer Award. Justice Dhanidina was recognized by the California State Assembly in Special Resolution 1470 for his contributions to the legal profession, and he is also a recipient of the National Asian Pacific American Bar Association Daniel K. Inouye Trailblazer Award.
He received his Juris Doctor in 1997 from the UCLA School of Law in Los Angeles after receiving his Bachelor of Arts in International Relations from Pomona University in Claremont. Dhandina joins the firm after heading the trial practice group at Umberg Zipser LLP.
For all media inquiries please contact Juda Engelmayer, President, HeraldPR, 212-220-3898 EXT. 700, Juda@heraldpr.com
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SOURCE Werksman Jackson & Quinn LLP | https://www.kxii.com/prnewswire/2022/04/11/halim-dhanidina-former-justice-california-court-appeal-has-joined-noted-criminal-defense-firm-werksman-jackson-amp-quinn-llp/ | 2022-04-11T17:48:49Z |
SAN JOSE, Calif., Aug. 9, 2022 /PRNewswire/ -- InterVision announced today that it has been named the NetApp North America West Most Valuable Partner in NetApp fiscal year 2022 (FY'22). NetApp's North America Partner Awards recognize partners who have demonstrated an outstanding commitment to customer success and revenue growth across categories like cloud, flash, the FlexPod® platform, the NetApp® Keystone™ portfolio, and vertical/regional leadership.
"As a partner-led organization, our partners are at the very core of our business, and their success is aligned to our own," said Jenni Flinders, SVP, Worldwide Partner Organization at NetApp. "I want to congratulate InterVision on being named West Most Valuable Partner. Their partnership and investment in NetApp, and their ability to deliver value to our joint customers has been exemplary. I look forward to their continued success as we work together to help customers solve business challenges and manage their most critical data assets with NetApp's industry-leading hybrid multi-cloud technologies and consumption models."
"On behalf of all InterVisionaries, we are proud to be this year's recipient of NetApp's North America West Most Valuable Partner Award. We combine over 20 years of experience deploying NetApp storage infrastructure with our cloud expertise and on-premises roots, helping our clients fulfill their cloud or hybrid cloud ambitions," said Jonathan Lerner, CEO of InterVision.
"Our deep expertise in Cloud EDA is a modern example of how our partnership with NetApp helps companies migrate large-scale data volumes to FSxN to exploit the most out of their cloud experience," comments Tony Bailey, SVP Alliances, InterVision.
For the full list of NetApp North America Partner Awards for FY'22, read the NetApp press release.
InterVision is the leading strategic services provider, delivering and supporting complex IT solutions for mid-to-enterprise and public sector organizations throughout the US. With more than 25 years of experience and one of the most comprehensive product portfolios of managed IT service offerings available in the market, the company is uniquely positioned to guide clients through any stage of their technology journeys. InterVision drives business outcomes with an unparalleled focus on the customer experience to help organizations be more competitive, compliant, and secure. To learn more, visit www.intervision.com.
NetApp, the NetApp logo, and the marks listed at http://www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.
CONTACT: Clara Bihn, 317-806-1900
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SOURCE InterVision | https://www.wibw.com/prnewswire/2022/08/09/intervision-named-netapp-north-america-west-most-valuable-partner-award-fy22/ | 2022-08-09T15:53:50Z |
NEW ORLEANS, Sept. 16, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 7, 2022 to file lead plaintiff applications in a securities class action lawsuit against Medtronic plc (NYSE: MDT), if they purchased the Company's shares between June 8, 2019, and May 25, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of Minnesota.
What You May Do
If you purchased shares of Medtronic and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-mdt/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by November 7, 2022.
About the Lawsuit
Medtronic and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 26, 2022, the Company reported its financial results for the fourth quarter and full fiscal year 2022, and provided guidance for fiscal year 2023, disclosing that as a result of the company's need to improve its quality control system and its expectation that the MiniMed 780G model - which Defendants had repeatedly identified as crucial to future growth - would not be approved in 2023, the company expected revenues from its Diabetes Group to decline between 6% and 7% in fiscal year 2023.
On this news, shares of Medtronic fell $6.10 per share, or nearly 6%, from a close of $105.54 per share on May 25, 2022, to close at $99.44 per share on May 26, 2022.
The case is The Trustees of the Welfare and Pension Funds of Local 464A – Pension Fund, The Trustees of the Local 464A United Food & Commercial Workers' Union Welfare Service Benefit Fund, and The Trustees of the New York-New Jersey Amalgamated Pension Plan for Acme Employees v. Medtronic plc, et al., Case No. 22-cv-02197.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.wibw.com/prnewswire/2022/09/17/medtronic-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-medtronic-plc-mdt/ | 2022-09-17T03:51:35Z |
QUEBEC CITY, July 12, 2022 /PRNewswire/ -- Derby Building Products announces the full line of Tando products - TandoStone®, Beach House Shake®, and TandoShake® - will be distributed by Coastal Forest Products' Charleston, South Carolina branch. The premier building materials distributor, based in New Hampshire, has expanded its Iron Woods tropical hardwoods facility into a wholesale supply business for multiple superior brands. Coastal will distribute Tando products in a 150-mile radius from Wilmington, NC to all of South Carolina.
"We're excited to partner with Derby on these innovative exterior products, especially with shingles so prevalent in this market," said Wes Robichaud, Coastal - SC's Sales Manager. "With authentic realism and labor savings, the new technology behind Beach House Shake as a composite shingle makes it the finest product on the market today."
Michael Morris, VP of Sales, Derby Building Products noted that Coastal Forest Products is known for service and bringing innovative products to market. "Tando's partnership with Coastal has a track record of performance throughout the northeast region and we couldn't be more excited to expand on that partnership with Coastal's South Carolina branch."
Beach House Shake, the authentic composite shingle, delivers the charm and beauty of natural cedar. Down to the last detail, Beach House Shake mimics the natural color variations, genuine saw cuts, and detailed grain patterns of real cedar. Its architecturally precise 5" re-squared and rebutted lines create individual shingles as unique as they are beautiful. And with the proven performance and durability of a composite, Beach House Shake stays looking like the day it was installed for years.
TandoStone, the #1 brand of composite stone, is preferred by siding installers for its lightweight and easy, one-person installation. It allows a siding contractor to install a stone product without the need for a mason, scaffolds, or adhesives which increases speed, efficiency, and cleanliness on the jobsite.
TandoShake is available in five profiles and on-trend colors to complement any architectural style. To learn more about all Tando products, visit www.tandobp.com. For Beach House Shake info, visit www.beachhouseshake.com.
Learn about Coastal Forest Products - SC Branch at www.ironwoods.com.
Coastal Forest Products is a leading wholesale distributor of quality building products to an extensive dealer network throughout New England, Eastern NY and Long Island and the Carolinas. Coastal offers distinctive products, quality pre- finishing services, professional delivery, in-house engineering services tailored for our dealer network.
Tando's exterior building products leverage innovation and manufacturing technology to solve market challenges such as labor shortages, long lead times, and moisture concerns all while meeting consumer demand for mixed material exteriors and low maintenance. From launching the first polymer shake over 40 years ago to developing the #1 brand of Composite Stone, Tando has a proven history of creating new categories, including TandoStone®, Beach House Shake®, and TandoShake®. Tando is owned by Derby Building Products. For more info, visit www.tandobp.com or www.beachhouseshake.com.
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SOURCE Derby Building Products | https://www.wibw.com/prnewswire/2022/07/12/derby-building-products-announces-coastal-forest-products-charleston-sc-branch-will-distribute-tandostone-beach-house-shake-tandoshake/ | 2022-07-12T13:37:26Z |
COLUMBUS, Ohio, April 22, 2022 /PRNewswire/ -- James McBride, author of Deacon King Kong, has won The 21st Thurber Prize for American Humor – a coveted national award in American humor writing named after American author and humorist James Thurber.
"James McBride's New York Times bestseller Deacon King Kong was selected by a panel of national judges for its storytelling mastery and wit. In addition to winning The Thurber Prize, Deacon King Kong has been named one of the top ten books of the year by The New York Times, Entertainment Weekly and TIME Magazine," said Laurie Lathan, Thurber House Executive Director. "Like many other Thurber Prize winners and James Thurber himself, Mr. McBride is a journalist – having worked at The Boston Globe, People Magazine and The Washington Post. We are beyond thrilled to give James this distinguished award."
McBride was at The Thurber Prize award show at the Lincoln Theatre in Columbus to accept The Thurber Prize in-person. The other two finalists – Mike Birbiglia, The New One, and Alexandra Petri, Nothing Is Wrong and Here Is Why – were in attendance, as well.
The Thurber Prize recognizes the best humor writing published over the past year. Past winners include The Daily Show hosts Jon Stewart and Trevor Noah, New Yorker staff writers Calvin Trillin and Ian Frazier, and humorists Simon Rich, Patricia Lockwood, Harrison Scott Key, Julie Schumacher and Alan Zweibel.
The 21st annual Thurber Prize comes with bragging rights for Mr. McBride and a $10,000 cash prize. It honors the legacy of James Thurber – a prolific and beloved humorist, cartoonist, author, playwright and journalist known for his quirky and relatable characters and themes and whose work was prominently featured in The New Yorker. Thurber was born in Columbus, Ohio and Central Ohio is thrilled to once again host this major literary event.
The Thurber House is currently receiving submissions for The 22nd Annual Thurber Prize for American Humor here. The deadline is 11:55 pm EST on May 31, 2022.
ABOUT THURBER HOUSE:
Founded in 1984, Thurber House is a nonprofit literary arts center, James Thurber Museum, historic landmark, and gathering place for readers, writers, and artists of all ages. We are based in the restored 1873 home of humorist, cartoonist, author, playwright, and journalist James Thurber, widely considered one of the foremost American humorists of the 20th century. Thurber House programs include The Thurber Prize for American Humor, author events featuring nationally bestselling authors and local authors, writing workshops for children and adults, writer residencies, and more.
For More Information, Contact:
Sarah Irvin Clark, 614-296-4057
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SOURCE Thurber House | https://www.wibw.com/prnewswire/2022/04/23/21st-thurber-prize-award-winner-announced/ | 2022-04-23T03:10:31Z |
ARLINGTON, Va., Aug. 11, 2022 /PRNewswire/ -- Bloomberg Law today announced that it has named 43 U.S.-based law firms to its second annual Diversity, Equity, and Inclusion (DEI) Framework, the legal industry's first and only standardized, fully transparent methodology to measure law firms' performance in this critical arena. Participation in the second annual DEI Framework was up about 50% from its inaugural year.
Bloomberg Law's DEI Framework was developed in 2021 in collaboration with Bloomberg's Gender-Equality Index team, as well as diversity leads at corporations and U.S.-based law firms. Performance was assessed across more than 85 metrics, each associated with one of the framework's six core pillars: demographics, leadership and talent pipeline, recruitment and retention, business innovation and strategy, marketing, and diversity and inclusion in the community. The DEI Framework report, which includes a detailed methodology and a list of the 43 member firms, is available for complimentary download at http://onb-law.com/QXba50K1gaq.
Among the report's key findings:
- 83% of firms say they have a chief diversity officer, and nearly all (91%) have a public statement regarding their commitment to diversity and inclusion.
- Women make up half (50.8%) of all law firm associates, and just under one-third (29.4%) of partners. Six percent of firm associates and 2.7% of partners are Black, 11.3% of associates and 4.2% of partners are Asian American.
- This year, 70% of firms require diversity in the pool of candidates for management and leadership positions, up from 58% last year.
- There are meaningful differences between firms who made the list of 2022 DEI Framework member firms and those who did not. Among firms who made the list, 54% said practice group leaders have clear diversity and inclusion goals included as part of their annual performance review, while only 10% of non-member firms said their practice group leaders have these goals.
- Additionally, nearly all (97.7%) member firms provide opportunities for attorneys to voluntarily disclose disability, veteran status, sexual orientation, gender identity and gender expression through firm collection procedures, compared to 40% of non-member firms.
"We're pleased to announce the results of our second Bloomberg Law DEI Framework survey and the 43 firms that comprise the list this year," said Joe Breda, president, Bloomberg Law. "DEI continues to be a key factor for general counsel seeking to engage law firms that reflect their values, and Bloomberg Law is proud to bring our industry expertise and strength in data analytics to measure and benchmarks firms' commitments to DEI."
About Bloomberg Law
Bloomberg Law combines the latest in legal technology with workflow tools, comprehensive primary and secondary sources, trusted news, expert analysis, and business intelligence. Our deep expertise and commitment to innovation provide a competitive edge to help improve attorney productivity and efficiency. Bloomberg Law is the only legal research provider to include continuous enhancements to its platform at no cost to existing subscribers. For more information, visit Bloomberg Law.
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SOURCE Bloomberg Law | https://www.kxii.com/prnewswire/2022/08/11/43-us-based-law-firms-recognized-members-bloomberg-laws-second-annual-diversity-equity-inclusion-framework/ | 2022-08-11T13:42:19Z |
ATLANTA, Sept. 6, 2022 /PRNewswire/ -- The American Transportation Research Institute, the trucking industry's not-for-profit research organization, today launched the 2022 Top Industry Issues Survey. The annual survey asks trucking industry stakeholders to rank the top issues of concern for the industry along with potential strategies for addressing each issue.
Now in its 18th year, ATRI's annual analysis not only ranks the issues overall but also provides insights into how critical topics are ranked differently by motor carriers and professional drivers. The report also allows stakeholders to monitor issues over time to better understand which issues are rising, or falling, in criticality.
"The annual Top Industry Issues Survey has long been a crucial part of understanding the issues facing our country's supply chain. ATRI's research provides a chance for thousands of trucking industry professionals, from drivers to executives, to weigh in on the most important topics that affect trucking and collectively decide on the best strategies for addressing each," said ATA Chair Harold Sumerford, Jr., CEO of J & M Tank Lines, Inc.
"I encourage my fellow drivers to take a few minutes and complete the Top Industry Issues Survey. Whether your top issue is truck parking, driver compensation, detention, traffic congestion or something else, it only takes a few minutes to make your voice heard and for us collectively to let the industry know what drivers are most concerned about," said Steve Fields, an America's Road Team Captain and professional truck driver for Yellow.
The results of the 2022 survey will be released October 22, 2022 as part of the American Trucking Associations Management Conference & Exhibition to be held in San Diego, California.
Industry stakeholders are encouraged to complete the 2022 survey available by clicking here. The survey will remain open through October 7, 2022.
ATRI is the trucking industry's 501c3 not-for-profit research organization. It is engaged in critical research relating to freight transportation's essential role in maintaining a safe, secure and efficient transportation system.
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SOURCE American Transportation Research Institute | https://www.kxii.com/prnewswire/2022/09/06/trucking-industry-asked-rank-top-concerns/ | 2022-09-06T17:37:30Z |
NEW YORK, June 10, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/aurinia-pharmaceuticals-inc-loss-submission-form/?id=28308&from=4
The lawsuit seeks to recover losses for shareholders who purchased Aurinia Pharmaceuticals Inc. between May 7, 2021 and February 25, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 14, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Aurinia Pharmaceuticals Inc. issued 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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/06/10/auph-shareholder-alert-jakubowitz-law-reminds-aurinia-pharmaceuticals-inc-shareholders-lead-plaintiff-deadline-june-14-2022/ | 2022-06-10T10:00:38Z |
BOZEMAN, Mont., April 26, 2022 /PRNewswire/ -- This Women's Health month, FirmTech celebrates all that it is to be woman: sensitive yet strong, versatile yet authentic, assertive yet kind, courageous yet compassionate and often the "better half" in relationships. As women, we are often the glue which holds our families – and relationships – together and our intimate relationships are no different.
Research has found that nearly 50% of all men will struggle with Erectile Dysfunction (ED) by the age of 50, with rates increasing 10% every decade thereafter. What does this mean for the men we love and our relationships later in life? How do we (the superior communicators) help our partners sustain and enjoy their erectile fitness when the challenge of ED occurs?
Females may often find themselves wrestling with their own insecurities when their partner is unable to get or maintain an erection. He is not unattracted to you, he is simply struggling with a common ailment. The female-led team at FirmTech is here to help. FirmTech Performance Ring and Tech Ring are revolutionary devices, designed to tackle ED head-on: resulting in longer, firmer erections and for many users, more intense orgasms for both partners. Women know how hard it is to get our male counterparts to pay a visit to the physician. FirmTech allows our male partners to start to address their ED without invasive appointments, medications, or fear of stigma. And as a result, female partners can be more satisfied – more frequently.
The expert team at FirmTech includes renowned female urologists. They know that sexual issues affect both partners equally. Additionally, ED is often the effect of other serious health concerns lying below the surface: hypertension, heart disease, prostate cancer, and diabetes, just to name a few. Talking to your partner is not only good for your sex life, it may also save a life. Sixty percent of men who end up in the ER with a heart attack reported that they had noticed signs of ED several years prior1.
Dr. Amy Pearlman, Director of Men's Health Program and Professor of Urology at the University of Iowa says, "sex toys and tools can be game-changers in the bedroom for penis and vagina owners. It's time we normalize the use of these products to optimize performance and pleasure for men and women. Sexual health IS health. None of us need to be sick or broken to want to be and perform better."
Additionally, a vibrant sex life improves brain function, and offers many psychological benefits such as reduced anxiety, better sleep, happier relationships and increased confidence for both people. The time is now to talk about maintaining Erectile Fitness and dealing with Erectile Dysfunction.
FirmTech features a discreet, soft and comfortable erection ring form, making it easy for men (or women) to wrap it on. FirmTech also features state-of-the-art data sensors which transmits directly to your FirmTech app, which can be shared with his physician…and you!
Our rings aren't just for the men. One female partner reported, "what a pleasant surprise. The placement of the sensor box has a dual purpose. The design is creative, thoughtful, and very unselfish."
Ladies: it's our turn to pop the questions and "put a ring on it" – talk to your partner about ED and help them return to peak performance.
To learn more or to order: MyFirmTech.com
1 Daniel Shoskes, MD (Cleveland Clinic)
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SOURCE FirmTech | https://www.kxii.com/prnewswire/2022/04/26/empowered-women-invest-their-partners-sexual-health/ | 2022-04-26T11:06:32Z |
SiriusXM will continue to air every FIA FORMULA ONE WORLD CHAMPIONSHIP™ Race on SiriusXM radios and the SXM App through the 2024 season
FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX 2022 airs live this Sunday, May 8
New weekly F1® show, "Wheel to Wheel," airs Wednesday nights exclusively on SiriusXM
NEW YORK, May 5, 2022 /PRNewswire/ -- Formula 1® and SiriusXM announced today a multi-year extension to their relationship, which will continue to deliver coverage of every F1® race to SiriusXM listeners nationwide through 2024.
All Formula 1 races will be available to subscribers on SiriusXM radios and on the SXM App. Each event will air live from start to finish on SiriusXM channel 81 (ESPN Xtra). Listeners will hear the BBC 5 Live radio broadcast for each event.
Listeners can tune into live coverage of this weekend's first ever FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX 2022 at the Miami International Autodrome on Sunday, May 8 (3:30 pm ET).
"We are thrilled to announce the extension of our long term relationship with Formula 1 this week on the eve of the inaugural FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX, which will be the first of two U.S.-based races this season," said Scott Greenstein, SiriusXM's President and Chief Content Officer. "Formula 1 races are world-class events, which showcase a tremendous combination of advanced technology, extraordinary drivers and challenging circuits. The sport's popularity is increasing and the U.S. is one of its fastest growing markets. We are excited to meet that growing demand by adding a new weekly F1 show to our lineup in addition to giving our listeners live access to every race."
"We are very happy to extend our relationship with SiriusXM," said Ian Holmes, Director of Media Rights and Content Creation at Formula 1. "Formula 1 continues to attract new fans in North America, with audience figures increasing, record numbers of fans attending last season's U.S. Grand Prix and a capacity crowd expected at the first Miami Grand Prix this weekend. The United States is an important market for F1 and this extension ensures that our fans can tune in and enjoy exciting Formula 1 content wherever they are in the country."
SiriusXM offers exclusive pre- and post-race programming on Speed City F1, hosted by Jon Massengale, Les Kiser, Jonathan Green and Bob Varsha. Veteran F1 journalist Chris Medland also contributes to the coverage on Speed City F1, reporting on site from each circuit. The show will air on SiriusXM channel 81 in the hour before and after every Formula 1 race, offering listeners the latest team news, a recap of qualifying results, driver interviews and an in-depth look at that weekend's circuit.
The 2022 FIA Formula One World Championship season runs from March through November and races around the globe on purpose-built circuits, as well as some closed city streets circuits. This season the schedule includes two races in the United States – the FORMULA 1 CRYPTO.COM MIAMI GRAND PRIX this weekend and the FORMULA 1 ARAMCO UNITED STATES GRAND PRIX in October. The results of each race throughout the season are combined to determine two titles, one for Drivers and one for Constructors (teams).
For more information on SiriusXM, go to www.SiriusXM.com. For more info on the 2022 Formula 1 season visit www.Formula1.com.
About Formula 1®
Formula 1® racing began in 1950 and is the world's most prestigious motor racing competition, as well as the world's most popular annual sporting series. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™. Formula 1® is a subsidiary of Liberty Media Corporation (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) attributed to the Formula One Group tracking stock. The F1 logo, F1 FORMULA 1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. All rights reserved.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in North America, and the premier programmer and platform for subscription and digital advertising-supported audio products. SiriusXM's platforms collectively reach approximately 150 million listeners, the largest digital audio audience across paid and free tiers in North America, and deliver music, sports, talk, news, comedy, entertainment and podcasts. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM's subsidiaries Stitcher, Simplecast and AdsWizz make it a leader in podcast hosting, production, distribution, analytics and monetization. The Company's advertising sales arm, SXM Media, leverages its scale, cross-platform sales organization, and ad tech capabilities to deliver results for audio creators and advertisers. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers. For more about SiriusXM, please go to: www.siriusxm.com.
This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "believe," "intend," "plan," "projection," "outlook" or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.
The following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: we have been, and may continue to be, adversely affected by supply chain issues as a result of the global semiconductor supply shortage; the ongoing COVID-19 pandemic has introduced significant uncertainty to our business; we face substantial competition and that competition is likely to increase over time; if our efforts to attract and retain subscribers and listeners, or convert listeners into subscribers, are not successful, our business will be adversely affected; we engage in extensive marketing efforts and the continued effectiveness of those efforts is an important part of our business; we rely on third parties for the operation of our business, and the failure of third parties to perform could adversely affect our business; we may not realize the benefits of acquisitions and other strategic investments and initiatives; a substantial number of our Sirius XM service subscribers periodically cancel their subscriptions and we cannot predict how successful we will be at retaining customers; our ability to profitably attract and retain subscribers to our Sirius XM service as our marketing efforts reach more price-sensitive consumers is uncertain; our business depends in part on the auto industry; failure of our satellites would significantly damage our business; our Sirius XM service may experience harmful interference from wireless operations; our Pandora ad-supported business has suffered a substantial and consistent loss of monthly active users, which may adversely affect our Pandora business; our failure to convince advertisers of the benefits of our Pandora ad-supported service could harm our business; if we are unable to maintain revenue growth from our advertising products our results of operations will be adversely affected; changes in mobile operating systems and browsers may hinder our ability to sell advertising and market our services; if we fail to accurately predict and play music, comedy or other content that our Pandora listeners enjoy, we may fail to retain existing and attract new listeners; privacy and data security laws and regulations may hinder our ability to market our services, sell advertising and impose legal liabilities; consumer protection laws and our failure to comply with them could damage our business; failure to comply with FCC requirements could damage our business; if we fail to protect the security of personal information about our customers, we could be subject to costly government enforcement actions and private litigation and our reputation could suffer; interruption or failure of our information technology and communications systems could impair the delivery of our service and harm our business; the market for music rights is changing and is subject to significant uncertainties; our Pandora services depend upon maintaining complex licenses with copyright owners, and these licenses contain onerous terms; the rates we must pay for "mechanical rights" to use musical works on our Pandora service have increased substantially and these new rates may adversely affect our business; failure to protect our intellectual property or actions by third parties to enforce their intellectual property rights could substantially harm our business and operating results; some of our services and technologies may use "open source" software, which may restrict how we use or distribute our services or require that we release the source code subject to those licenses; rapid technological and industry changes and new entrants could adversely impact our services; we have a significant amount of indebtedness, and our debt contains certain covenants that restrict our operations; we are a "controlled company" within the meaning of the NASDAQ listing rules and, as a result, qualify for, and rely on, exemptions from certain corporate governance requirements; while we currently pay a quarterly cash dividend to holders of our common stock, we may change our dividend policy at any time; our principal stockholder has significant influence, including over actions requiring stockholder approval, and its interests may differ from the interests of other holders of our common stock; if we are unable to attract and retain qualified personnel, our business could be harmed; our facilities could be damaged by natural catastrophes or terrorist activities; the unfavorable outcome of pending or future litigation could have an adverse impact on our operations and financial condition; we may be exposed to liabilities that other entertainment service providers would not customarily be subject to; and our business and prospects depend on the strength of our brands. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found in our Annual Report on Form 10-K for the year ended December 31, 2021, which is filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.
Source: SiriusXM
Media contacts:
For SiriusXM
Andrew.FitzPatrick@SiriusXM.com
Kevin.Bruns@SiriusXM.com
For F1
F1Media@F1.com
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SOURCE Sirius XM Holdings Inc. | https://www.wibw.com/prnewswire/2022/05/05/formula-1-siriusxm-announce-multi-year-extension/ | 2022-05-05T20:10:25Z |
A police officer in Mississippi was killed Thursday responding to a domestic disturbance call that left a woman dead, according to Meridian police Chief Deborah Young.
Officer Kennis Croom, who was working on a day off, was the first emergency responder to arrive at the scene and soon after "advised there were shots being fired," the chief told reporters Friday.
A second officer called out that Croom was down, and the suspect was able to flee the scene before other officers arrived, she added.
Officers discovered the body of Brittany Jones when they did a check on the home, Young said. Jones appeared to have a fatal gunshot wound and was pronounced dead at the scene. Croom was pronounced dead at a hospital.
"Any time a life is lost it's tragic. This whole incident is tragic and senseless. Officer Kennis Croom lost his life doing what he loved, serving this community," Young said. "He was full of passion, joy and dedication. Although yesterday was his day off he chose to come in and serve, which he was known to do regularly."
The suspected shooter, Dante Bender, 31, was taken into custody Friday in the town of Ackerman, Young said.
It is unknown if Bender has an attorney.
Young expressed her condolences to the families of both victims of the shooting, and called her colleague, Croom, a hero.
"He is the definition of a true hero and his legacy will go on," she said.
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accounts, the history behind an article. | https://www.albanyherald.com/news/mississippi-police-officer-killed-while-responding-to-disturbance-call-that-left-one-woman-dead/article_add98606-6cb5-594f-9821-642f5bba7ac2.html | 2022-06-11T01:51:46Z |
Wichita police identify ‘poopetrator’ who defecated in Beauty Supply store
WICHITA, Kan. (KWCH) - Update: The Wichita Police Department said it’s identified the woman accused of defecating in the store aisle early last week.
The Wichita Police Department asks for the public’s help in trying to identify a woman who entered a northeast Wichita Beauty Supply store and defecated in the middle of an aisle.
Police said the crime happened last Tuesday, May 10, at a store in the 2200 block of East 21st Street.
“The defecation was significant enough that eight wigs were destroyed as a result, and the business would like to know who the “poopetrator” is so they can pursue criminal charges,” police said. “The incident was captured on video surveillance, but for the good of all of you we are not posting the footage of the offending fecal assault.”
Police said if you can identify “public enemy number 2,” you can call Det. Meier at 316-268-4254 or email him at DMeier@wichita.gov
Copyright 2022 KWCH. All rights reserved. | https://www.wibw.com/2022/05/17/wichita-police-looking-poopetrator-who-defecated-beauty-supply-store/ | 2022-05-17T18:46:08Z |
First-ever Mulligan's 5K Fun Run and Walk Will Raise Funds to Support the Kentucky Humane Society
LOUISVILLE, Ky., Sept. 14, 2022 /PRNewswire/ -- The dogs are coming back! Lucky's Mutt Madness, a national dog adoption event organized by the TurfMutt Foundation and held in partnership with the Kentucky Humane Society (KHS), will once again be held at Equip Exposition, the international landscape, outdoor living, and equipment exposition. The event will be held Thursday, October 20 from 11 a.m. to 2 p.m. during Expo, at the Kentucky Exposition Center (KEC) in Freedom Hall.
Adding to the excitement and momentum of Lucky's Mutt Madness, Equip Exposition is also holding Mulligan's 5K Fun Run and Walk for its registrants.
"We look forward to starting off Expo right with a little exercise before the trade show door opens," says Kiser. "And the view is spectacular from the bridge where we'll be running or walking. It's not to be missed."
The event, sponsored by Ariens, steps off on Wednesday, October 19 at 7:00 a.m. Participants can run, jog, or walk across the Ohio River over the famous Big Four pedestrian bridge before Expo's door opens. Proceeds from the event benefit the KHS.
Mulligan's 5K Fun Run & Walk is named after Kiser's rescue dog, Mutt Mulligan, who is the spokesdog for the TurfMutt Foundation and was adopted at Mutt Madness in 2019. She continues to "paw it forward" by inspiring kids and their families to care for and spend time in their living landscapes, like their backyards, parks and other green spaces.
"Over the last few years over 40 dogs have found homes through Mutt Madness," says Kris Kiser, President and CEO of the TurfMutt Foundation and the Outdoor Power Equipment Institute (OPEI), which owns Equip Exposition. "Nearly every dog available went home with an Expo attendee last year." He hopes this track record will repeat again this year.
At Lucky's Mutt Madness, the TurfMutt Foundation will also donate a $10,000 check to the KHS to support their good work in animal rehabilitation, rescue and adoption—an important part of TurfMutt from the beginning.
"Equip Expo is bustling with energy – and that excitement will spill into Lucky's Mutt Madness," says Kiser. "For the dogs, Mutt Madness helps them find a home. For the landscapers, dealers and manufacturers who attend Expo, adopting an animal friend fits with their outdoor life. After all, these are the people who create the outdoor spaces America relies on. And who appreciates the family yard, parks and other community green spaces more than a dog?"
The TurfMutt Foundation also is proud to have renewed its partnership with Mission Unstoppable and Lucky Dog on CBS. Both shows are produced by Hearst Media Production Group. Filming begins this fall at Lucky's Mutt Madness, where the show's hosts, Eric and Rashi Wiese, will be on-site.
"We couldn't be happier that Lucky Dog will film at Mutt Madness and bring attention to our dog adoption work," says Kiser. Kiser himself has appeared on Lucky Dog episodes helping homeowners ready their yards for new rescue dogs.
The TurfMutt program may have started as a way to showcase the value of "nature beginning your own backyard," says Kiser. "… but it now has grown into an international platform that has reached more than 70 million kids, teachers and families. TurfMutt also is an education partner of the U.S. Green Building Council's prestigious Learning Lab.
Equip Exposition is ranked sixth largest in the U.S., boasts a million square feet of exhibit space including a 30-acre Outdoor Demo Yard showcasing the newest outdoor power equipment in the industry.
For information on The TurfMutt Foundation visit www.TurfMutt.com
For more information on Equip Exposition visit www.equipexposition.com
PHOTOS AVAILABLE
Photo 1: Lucky's Mutt Madness, a national dog adoption event organized by the TurfMutt Foundation and held in partnership with the Kentucky Humane Society (KHS), will once again be held at Equip Exposition, the international landscape, outdoor living, and equipment exposition. The event will be held Thursday, October 20 from 11 a.m. to 2 p.m. during Expo, at the Kentucky Exposition Center (KEC) in Freedom Hall.
Photo 2: Adding to the excitement and momentum of Lucky's Mutt Madness, Equip Exposition is also holding Mulligan's 5K Fun Run and Walk for its registrants. The event, sponsored by Ariens, steps off on Wednesday, October 19 at 7:00 a.m. Participants can run, jog, or walk across the Ohio River over the famous Big Four pedestrian bridge before Expo's door opens. Proceeds from the event benefit the KHS.
Photo 3: TurfMutt Foundation President Kris Kiser with two KHS volunteers at the 2021 Lucky's Mutt Madness.
Photo 4: Two Expo dog adopters at the 2021 Lucky's Mutt Madness.
Photo 5: Hundreds of Expo attendees come to the event to say hello to—and adopt—dogs needing forever homes.
Photo 6: TurfMutt Foundation President Kris Kiser with puppy Mulligan at Mutt Madness in 2019.
Photo 7: Kris Kiser and Mulligan the TurfMutt today.
Link for downloading photos: https://www.dropbox.com/sh/izpqs9db9h6s2v6/AADPjXG5wdZ5DKnXIl5ELb1Da?dl=0
Mulligan's 5K Fun Run and Walk Details:
Who: The TurfMutt Foundation and Ariens
When: Wednesday, October 19, 2022, 7:00 a.m. – 8:00 a.m.
Location: Big Four Pedestrian Bridge, Louisville, Kentucky
Lucky's Mutt Madness Details:
Who: The TurfMutt Foundation and the Kentucky Humane Society
When: Thursday, October 20, 2022, 11:00 a.m. to 2:00 p.m.
Location: Kentucky Exposition Center, Freedom Hall, Louisville, Kentucky
Note: These events are open to attendees and exhibitors of Equip Exposition and members of the media.
Note: RSVPs for media seeking to attend and cover the dog adoption event at Freedom Hall are highly recommended as press badges are required for access. The trade show has a large footprint utilizing much of the KEC. Since the dog adoption event is in the Freedom Hall arena, it's advised that reporters and photographers register early for media access so badges can be ready for them.
Media contacts:
Ami Neiberger, Four Leaf PR on behalf of OPEI, 703-887-4877, ami@fourleafpr.com
Debbi Mayster, Four Leaf PR on behalf of OPEI, 240-988-6243, debbi@fourleafpr.com
Sara Brown Meehan, Kentucky Humane Society, 502-762-3729, bmeehan@kyhumane.org
TurfMutt was created by the Outdoor Power Equipment Institute's (OPEI) TurfMutt Foundation and has reached more than 70 million children, educators and families since 2009. Through education partners such as Weekly Reader, Discovery Education and Scholastic, TurfMutt has taught students and teachers how to "save the planet, one yard at a time." Today, TurfMutt is an official USGBC® Education Partner and part of their global LEARNING LAB. TurfMutt has been an education resource at the U.S. Department of Education's Green Ribbon Schools, the U.S. Department of Energy, the U.S. Environmental Protection Agency, Green Apple, the Center for Green Schools, the Outdoors Alliance for Kids, the National Energy Education Development (NEED) project, Climate Change Live, Petfinder and the U.S. Fish and Wildlife Service. In 2017, the TurfMutt animated video series won the coveted Cynopsis Kids Imagination Award for Best Interstitial Series. TurfMutt's personal, home habitat was featured in the 2017-2020 Wildlife Habitat Council calendars. More information at www.TurfMutt.com.
OPEI is an international trade association representing manufacturers and suppliers of outdoor power equipment, small engines, battery power systems, portable generators, utility and personal transport vehicles, and golf cars.
Based in Louisville, the Kentucky Humane Society is the state's largest pet adoption agency and oldest animal welfare agency, established in 1884. Each year KHS finds loving homes for over 5,500 dogs, cats and horses. KHS is also a leader in helping keep pets in their homes and out of shelters in the first place, offering a free Pet Help Line, low-cost spay/neuter services, dog training classes and education. Learn more at www.kyhumane.org.
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SOURCE Equip Exposition; TurfMutt Foundation | https://www.wibw.com/prnewswire/2022/09/14/luckys-mutt-madness-brings-rescue-dogs-seeking-forever-homes-equip-exposition/ | 2022-09-14T13:28:48Z |
- National scholarship awards $3,000 to 40 students living with cystic fibrosis (CF) for academic excellence, creativity and community involvement
- Top 40 scholarship recipients are also eligible to receive one of two $25,000 Thriving Student Scholarships, awarded to an undergraduate and a graduate student
- AbbVie CF Scholarship program awarded over $3.6 million in scholarships to CF students since 1993
NORTH CHICAGO, Ill., April 13, 2022 /PRNewswire/ -- AbbVie today announced that the AbbVie Cystic Fibrosis (CF) Scholarship program is now accepting applications for the 2022-2023 academic school year. This year's program marks 30 years of honoring and supporting young adults with CF as they pursue their educational dreams. Eligible undergraduate and graduate students are invited to apply for the scholarship until May 25, 2022, at 11:00 a.m. U.S. Eastern Time by visiting www.AbbVieCFScholarship.com. Students can apply online or by downloading an application on the official scholarship website.
"The AbbVie CF Scholarship has changed my life by providing the means to pursue my academic goals," said Melissa W., 2021 Thriving Graduate Student. "I was honored to be recognized and have the chance to share my story with other students living with CF. A lot of people might not think they deserve recognition, but I'm proof to never underestimate yourself and reach for your dreams – great things can follow!"
AbbVie will award 40 students living with CF a $3,000 scholarship for use toward higher-education expenses during the 2022-2023 academic school year. Those 40 students will also be given the opportunity to compete for an additional $22,000 through one of two AbbVie CF Scholarship award categories: Thriving Undergraduate Student and Thriving Graduate Student.
The 2022 Thriving Undergraduate and Thriving Graduate Scholarship recipients will be announced by AbbVie in the fall. Both awards are granted based on a combination of exceptional academics and achievements, essays and creative presentations, as well as public votes.
"It has been a remarkable 30 years of celebrating the creativity, brilliance and determination of students living with CF. Year after year, we are inspired by their stories and ambition to leave a lasting impact on their communities while following pursuit of their dreams," said John Duffey, Vice President, U.S. Specialty, AbbVie. "We are committed to upholding this legacy with the same strength and passion shown to us every year by our CF Scholars."
The AbbVie CF Scholarship is part of the company's ongoing commitment to the CF community, which is comprised of more than 30,000 people in the United States. Today, more than half of the CF population are age 18 or older.1 For more information about the scholarship, please visit www.AbbVieCFScholarship.com.
About Cystic Fibrosis
Cystic fibrosis (CF) is an inherited chronic disease that affects the lungs, pancreas, and other organs of those living with this condition.1 In patients with CF, a thick, sticky mucus is produced in certain organs throughout the body, most commonly the lungs and digestive system. The mucus build-up in the lungs can cause difficulty breathing and may lead to life-threatening lung infections. In the pancreas, the thick mucus may prevent the release of digestive enzymes and proper food digestion, potentially leading to malabsorption and malnutrition.
About the AbbVie CF Scholarship
The AbbVie CF Scholarship was established 30 years ago in recognition of the financial burdens many families touched by CF face and to acknowledge the achievements of students with CF. Since its inception, the scholarship program has awarded over $3.6 million in scholarships to over 1,000 students. The AbbVie CF Scholarship is part of AbbVie's ongoing commitment to the CF community, which is comprised of more than 30,000 people in the United States. Today, more than half of the CF population are age 18 years or older.1
It is not necessary for scholarship applicants to have taken, currently take, or intend to take in the future, any medicine or product marketed by AbbVie, and this is not a consideration in the selection criteria. More information about the AbbVie CF Scholarship criteria and application can be found at www.AbbVieCFScholarship.com.
About AbbVie
AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across its Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, Facebook, LinkedIn or Instagram.
References:
- Cystic Fibrosis Foundation. About Cystic Fibrosis. https://www.cff.org/What-is-CF/About-Cystic-Fibrosis/. Accessed April 2022.
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SOURCE AbbVie | https://www.kxii.com/prnewswire/2022/04/13/abbvie-celebrates-30th-anniversary-cf-scholarship-with-opening-application-period-students-with-cystic-fibrosis/ | 2022-04-13T15:28:48Z |
- From 24th September to 13th November, PortAventura World will be celebrating the longest edition in its history with top new additions such as the first Halloween passage of terror for children, Trick or Treat, and MTV Hor-Rock in Texas, a spooky musical circuit.
- The 12,000 pumpkins that will decorate PortAventura World are locally sourced and will be used after Halloween as food for the animals from nearby farms as an example of circular economy.
- Last year more than 800,000 people visited PortAventura World during Halloween, and the 2022 edition it is expected to surpass this number and the turnover of previous years
TARRAGONA, Spain, Sept. 6, 2022 /PRNewswire/ -- The longest and most terrifying season in PortAventura World's history, which will last for more than 50 days, is here with big new additions. From 24th September until 13th November, thrill-seekers will be able to visit 6 passages of terror, as well as a wide range of shows involving more than 200 artists with almost 200 hours of shows per week. One of the most special new additions is the first children's horror show, Trick or Treat, and MTV Hor-Rock in Texas. The resort will also celebrate its black edition on the night of 8th October at MTV Hor-Rock Night.
For David García Blancas, General Business Manager at PortAventura World, "Halloween is one of the most anticipated times of the year for our customers and this was proven last year with our more than 800,000 visitors. This year we will be celebrating one of the longest seasons ever, with more than 50 days to have a scarily great time, with the aim of reaching record figures yet again and surpassing the revenues of previous years".
Sustainability and good environmental practices will also play their part during the season. As has become tradition, every corner of the park will be decorated with over 12,000 pumpkins, which will weigh more than 120,000 kg in total and will be grown on a farm in the Penedés region near the resort, following the circular economy and zero waste strategy implemented by the company. Halloween will also be celebrated in a special way at PortAventura's Village Dreams, the PortAventura Foundation's play area where families with children with serious illnesses are staying as part of their emotional recovery therapy.
Photo: https://mma.prnewswire.com/media/1892218/Halloween_celebration.jpg
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SOURCE PortAventura World | https://www.wibw.com/prnewswire/2022/09/06/portaventura-world-is-showcasing-its-longest-most-sustainable-halloween-celebration-yet-with-two-new-passages-terror/ | 2022-09-06T11:33:51Z |
Interactive children's educational content introduced on hoopla BingePass, the latest innovation from hoopla
HOLLAND, Ohio, June 13, 2022 /PRNewswire/ -- hoopla digital, the category-creating digital service for public libraries, has launched a new hoopla BingePass in partnership with Hellosaurus, the premier interactive video app for children.
With the Hellosaurus BingePass on hoopla, public library patrons can access the entire Hellosaurus app for seven days, using only one hoopla Instant borrow. As Hellosaurus is available exclusively via Android and iOS apps, patrons using hoopla will be prompted to download the app upon borrowing the Hellosaurus BingePass, and then immediately gain access to the more than 100 interactive stories available on Hellosaurus.
"Technology plays a large role in the day-to-day lives of everyone today, including children. It's important they have access to great content that educates as well as entertains," says Jeff Jankowski, founder of hoopla digital. "We're excited to bring Hellosaurus to public libraries to help deliver in-demand content that will inspire the next generation."
Hellosaurus is the premier app for interactive kids' content, featuring uniquely interactive stories that build confident, curious and creative kids. The app is designed by early childhood experts and geared specifically for kids two-to-eight years old to experience independent play that builds skills to prepare them for their futures.
The app puts the child's participation at the center of the story, creating an entirely new way for children to engage with content as active participants. It features content customized for the platform from award-winning creators, makers and musicians like The Wiggles, Mother Goose Club, and Love, Diana, and activates the device's technology to actually put kids in their favorite shows and transform the way they learn through stories.
"Hellosaurus proudly transforms screen time for kids into an active learning experience that puts their own input directly into the story itself. The Hellosaurus app fosters curiosity and creativity skills that will serve kids throughout their entire lives," said James Ruben, Founder, CEO at Hellosaurus. "This type of learning is critical today, and we're thrilled to partner with hoopla digital to bring a new form of engagement to public libraries."
The partnership marks the first introduction of children's content for hoopla's latest innovation, BingePass. hoopla BingePass is a unique type of hoopla Instant borrow that provides patrons of participating public libraries with unlimited access to popular streaming collections. hoopla digital plans to launch additional BingePasses, including more children's content, throughout 2022 and beyond.
hoopla digital offers 24/7 access to borrow, download, and stream more than one million eBooks, audiobooks, comics, movies, music albums, and television episodes, with a valid library card from a participating public library. Librarians interested in offering hoopla digital to patrons should contact 800-875-2785 (US), 866-698-2231 (Canada), or (02) 4732-3480 (Australia and New Zealand).
To access content on hoopla digital, cardholders of participating Libraries can download the free hoopla digital mobile app on their Android or iOS device or visit hoopladigital.com. hoopla digital is in more than 8,500 public Libraries across the U.S., Canada, Australia, and New Zealand, including Chicago Public Library, San Francisco Public Library, and Los Angeles Public Library. Visit hoopladigital.com to find out if your library partners with hoopla.
About hoopla digital
hoopla is a category-creating service that partners with public Libraries across North America, Australia, and New Zealand to provide online and mobile access to thousands of movies, TV shows, music albums, eBooks, audiobooks, and comics. With hoopla Digital, patrons can borrow, instantly stream, and download dynamic content with a valid Library card. All content is accessible via hoopla digital's mobile app and online at hoopladigital.com. hoopla digital is a service of Midwest Tape, a trusted partner to public Libraries for over 30 years.
About Hellosaurus
Based in New York, Hellosaurus helps children learn through engagement with their favorite creators – like Laurie Berkner and The Wiggles – on the screen. Founded by HQ Trivia's former Head of Product and Forbes 30 Under 30 honoree, James Ruben, Hellosaurus makes interaction a critical part of the story through its proprietary technology which combines traditional gaming engineering with streaming video. The content comes to life, taking children from passive observers to active participants. Hellosaurus is backed by top investors including General Catalyst, Y Combinator, GSV Ventures and the founders of companies like YouTube, Vimeo, Warby Parker, Allbirds, Harrys, Skillshare, and more. Hellosaurus has been nominated the 2020 Mobile App Of The Year by Product Hunt, honored as a "World Changing Idea 2021" by Fast Company, featured as an "App You Need" by Apple, won the 2021 Kidscreen Award for "Best Original App/Web Series" and was named the top startup in the YC S20 batch by TechCrunch. For more information, please visit https://hellosaurus.com/
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SOURCE hoopla digital | https://www.mysuncoast.com/prnewswire/2022/06/13/hoopla-digital-adds-hellosaurus-app-access-hoopla-bingepass-offering/ | 2022-06-13T22:07:12Z |
Build-A-Bear Announces Three-Way Partnership With Build-A-Bear Foundation, First Book, and Busload Of Books Tour, To Provide 150,000 Free Books to High-Need Communities Across The Country
ST. LOUIS, Sept. 9, 2022 /PRNewswire/ -- Build-A-Bear Workshop (NYSE: BBW) celebrates its favorite day of the year today, National Teddy Bear Day, with the launch of its newest furry friend, Read Teddy, to support its ongoing children's literacy efforts and encourage a love of reading among children. This classic brown bear has super soft fur with an irresistibly cute smile and can be paired with fun clothing and accessories, including the new "My Weekend is Booked" tee and Book wristie. Proceeds from each purchase will go to support Build-A-Bear Foundation and its partnership with First Book. Build-A-Bear Foundation is also donating 20,000 teddy bears to Title 1 schools in the First Book network to provide reading buddies to children in under-resourced communities to help build self-confidence and a love of reading. Children's literacy is one of the core areas of giving at Build-A-Bear Foundation, which announced its partnership with First Book earlier this year in honor of the brand's 25th anniversary.
First Book is the largest online community of educators serving kids living in poverty, building a path out of poverty through educational equity. In a three-way partnership between First Book, Build-A-Bear Foundation, and the Busload of Books Tour, the organizations will provide 150,000 free books to students and educators in high-need communities across the country.
Throughout the 2022-2023 school year, Matthew Swanson and Robbi Behr—the author/illustrator duo behind popular picture books and illustrated middle grade novels such as The Cookie Chronicles series and Everywhere Wonder—will spend the 2022-2023 school year on the Busload of Books Tour. This ultimate road trip will visit Title I schools in all 50 states handing out free books to students and teachers who otherwise wouldn't have access to them. They'll be joined on this adventure by their four children, the family dog and their very own special Read Teddy. Watch Robbi and Matthew, along with their children, make the very first Read Teddy who will travel along on their journey over the next year.
Follow along as they chronicle their adventures on their Instagram channel
"Education and reading are so critical to the trajectory of a young child's life. Knowing that access to education and reading is a key indicator of a child's success through high school and beyond is why we have made this a core pillar of our Foundation's efforts," said Voin Todorovic, President of Build-A-Bear Foundation. "We are pleased that Build-A-Bear Workshop is supporting our literacy efforts with the launch of Read Teddy and the partnership with First Book and the Busload of Books Tour."
"We're thrilled to be celebrating National Teddy Bear Day with a focus on reading and literacy. Septem-BEAR is the perfect time to launch Read Teddy in support of our brand's literacy efforts, with children starting a new school year. Research shows reading to a stuffed animal can build self-confidence with children, and also be a therapeutic tool, and our hope is that Read Teddy will now encourage our youngest guests to snuggle up with their furry friend and read a favorite story," said Sharon Price John, President and Chief Executive Officer of Build-A-Bear. "By partnering with First Book and supporting our Foundation's efforts, we can work together to ensure that even more children will have access to a beloved book and bear."
"Our goal at First Book is to provide kids in under resourced communities with the books and resources they need to learn and thrive," said Dana Bond, Senior Vice President, Strategic Alliances for First Book. "We are so grateful for our magical partnership with Build-A-Bear, taking that a step further providing a cozy, reassuring reading buddy to encourage children to engage in reading."
Build-A-Bear Foundation adds a little more heart to life by sharing hugs, inspiring creativity, and supporting those in need. A 501(c)3 organization, Build-A-Bear Foundation's core focus is to support children's literacy programs as a path to social and educational equity. Build-A-Bear Foundation also provides financial and furry friend donations to organizations that support children's health and wellness, disaster relief, and families in need of essential supplies. Since 1997, Build-A-Bear has donated more than $22 million and 1.5 million furry friends to charitable causes around the world. For more information, please visit www.buildabearfoundation.org.
Build-A-Bear is a multi-generational global brand focused on its mission to "add a little more heart to life" appealing to a wide array of consumer groups who enjoy the personal expression in making their own "furry friends" to celebrate and commemorate life moments. Nearly 500 interactive brick-and-mortar retail locations operated through a variety of formats provide guests of all ages a hands-on entertaining experience, which often fosters a lasting and emotional brand connection. The company also offers engaging e-commerce/digital purchasing experiences on buildabear.com including its online "Bear-Builder", the animated "Bear Builder 3D Workshop" and its age-gated adult-focused "Bear Cave". In addition, extending its brand power beyond retail, Build-A-Bear Entertainment, a subsidiary of Build-A-Bear Workshop, Inc., is dedicated to creating engaging content for kids and adults that fulfills the company's mission, while the company also offers products at wholesale and in non-plush consumer categories via licensing agreements with leading manufacturers. Build-A-Bear Workshop, Inc. posted total revenue of $411.5 million in fiscal 2021. For more information, visit the Investor Relations section of buildabear.com
Author/illustrator duo Mathew Swanson and Robbi Behr will spend the 2020-2023 school year traveling the country in a tiny home school bus, visiting Title I elementary schools in all 50 states, doing presentations on creative empowerment, giving away 25,000 books, and facilitating the first-ever large-scale study of how author/illustrator visits impact literacy and creativity among elementary age students.
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SOURCE Build-A-Bear Workshop | https://www.wibw.com/prnewswire/2022/09/09/its-bears-books-build-a-bear-brand-celebrates-national-teddy-bear-day-its-ongoing-support-childrens-literacy/ | 2022-09-09T16:06:02Z |
Leading the way with One-Click Copy Trade, and beyond
SINGAPORE, June 14, 2022 /PRNewswire/ -- Leading global derivatives exchange - Bitget, has always placed product innovation at the core of its focus.
As social media and messenger platforms become an integral part of people's lives, be it professional or personal, there is no reason why crypto investment should not be incorporated. Social trading allows people to interact and observe other traders, as well as follow or execute the strategies of more experienced peers. Social trading also maximises one's own trading potential with a little help from someone more experienced.
Since its launch in May 2020, One-Click Copy Trade has broken the mould of trading patterns, bridging the gap between traders from all corners of the world. Thus, a social trading pattern has been forged into Bitget's core, where followers and traders can interact without boundaries and carve their own interconnected path to financial freedom. To date, Bitget's One-Click Copy Trade has amassed over 27,000 professional traders, with approximately one million followers. Moreover, copy-traders on the platform have earned over $1 billion in total income, while followers have collectively made over $1.56 billion.
Adhering closely to the concept of social trading, Bitget will work towards an open strategy platform in 2022. The first step is to launch grid trading, a type of quantitative trading strategy designed to maximise returns in a range-bound market. A user simply sets a price range for the automated trading bot, adjusts how many grids they want and, as long as the price stays within one's set range and depending on the setup, the bot will sell a portion when the price goes up or buy a portion when it goes incrementally down.
Managing Director of Bitget, Gracy Chen said, "Social trading taps into our innate need for connection, whether that means sharing, celebrating or even commiserating in the company of others while we trade. Here at Bitget, our flagship offering, One-Click Copy Trade, is nothing short of a pioneer in social trading. Moreover, copy trading and grid trading light a path to the full potential of social trading, enabling users, KOLs and professional traders to exchange information freely, adopt multiple trading patterns and optimise strategies for their own benefit, and in the long-run, further strengthening the foundation of the Bitget ecosystem."
Media Contact:
andrea.leung@bitget.com
simran@bitget.com
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SOURCE Bitget | https://www.wibw.com/prnewswire/2022/06/14/bitget-aims-transform-way-people-connect-trade-with-social-trading/ | 2022-06-14T07:05:49Z |
‘E.T.’ pedals it way to IMAX theaters for the film’s 40th anniversary
(Gray News) - Something extraterrestrial is making its way back to the silver screen after arriving on planet Earth 40 years ago.
For the first time, Steven Spielberg’s “E.T. The Extraterrestrial” will be shown in select IMAX AMC Theatres across the country in honor of the film’s 40th anniversary.
Henry Thomas, Drew Barrymore and Robert MacNaughton star in the unforgettable story of a lost alien and the 10-year-old boy who helps him find his way home.
According to AMC, the beloved classic has been digitally remastered for optimal picture and sound.
You can relive the adventure or experience it for the first time on Aug. 12, in select theatres. Find an IMAX in your area and order your tickets now.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/02/et-pedals-it-way-imax-theaters-films-40th-anniversary/ | 2022-08-02T15:49:39Z |
- With IP3 token IEO on FTX exchange, CRIPCO launches IP-based blockchain and NFT business
- Investments secured from global blockchain venture capitals such as FTX Ventures, SOLANA Ventures, and DAO's inclusion of IPX (formerly LINE FRIENDS), NAVER Z (ZEPETO) and street fashion legend Hiroshi Fujiwara, demonstrate the company's growth potential
- CRIPCO presents 'IP 3.0 Hub' vision where anyone can own and monetize IP-based content in the NFT marketplace
SEOUL, South Korea, June 27, 2022 /PRNewswire/ -- Global blockchain and NFT company CRIPCO has announced that it will list its native IP3 token on leading global cryptocurrency exchange FTX, as part of an Initial Exchange Offering (IEO) starting on July 8, 2022.
The FTX listing will enable CRIPCO to establish a blockchain and NFT business based on intellectual property (IP) by using its own NFT marketplace and platform, to maximize NFT usage while building its own ecosystem. This will provide a gateway for entertainment or IP companies as well as individuals to start their own IP-based digital content businesses, including those related to NFTs.
In this approach, CRIPCO is presenting its 'IP 3.0 Hub' initiative, a brand-new structure tailored to the Web 3.0 era, where everyone becomes a consumer and provider of IP that organically creates, utilizes, and monetizes their creations with the community. It invites global players to engage in NFT and metaverse spaces, while propelling CRIPCO to the forefront of the blockchain-NFT space.
CRIPCO's vision to build an ecosystem where anyone can easily create, consume, and monetize using various IPs and NFTs has led to investments from leading global blockchain venture capitals such as FTX Ventures and SOLANA Ventures. Major corporations from various fields, renowned artists, and other influential members across industries are also participating in the Decentralized Autonomous Organization (DAO), recognizing CRIPCO's growth potential. Participants include IPX (formerly LINE FRIENDS), street fashion legend Hiroshi Fujiwara, Marciano MMG, NAVER Z (ZEPETO), Edison Chen, KB (Kyubum Lee), and James Fauntleroy.
With a DAO governance model transparently selecting diverse and attractive IPs, a marketplace for realizing and growing NFT businesses, and its own native IP3 currency for purchasing goods and NFTs, CRIPCO is determined to successfully establish itself in the market, and the FTX listing is expected to be the first step towards achieving this vision.
"By listing our IP3 token on the globally recognized FTX exchange, we are expanding the CRIPCO ecosystem for everyone to participate in," said Kimberly Hyunkew Lee, CEO of CRIPCO. "This will enable the opportunity to collaborate with many global IPs and brands and will create a new IP-based NFT business model."
"Our decision to partner with CRIPCO is based on our belief that it will be a strategic player in the global NFT market, with its unique IPs and popular user adoptions. CRIPCO is set to lead the way in the long run with its creative and high-quality NFT launches," said a partner at FTX Ventures.
A representative at SOLANA Ventures said, "As part of our strategic partnership with CRIPCO, we are planning and working together on a variety of projects. In the blockchain and NFT markets, we should expect dynamic changes and creative innovations that will lead to collaboration and synergy between our two companies."
With the FTX listing, CRIPCO's 'IP 3.0 Hub' vision is expected to drive innovations in the ecosystem of digital content creation in a decentralized manner, empowering individuals to participate in content and product creation from scratch.
About CRIPCO
CRIPCO is a Singapore-based global blockchain and NFT company that aims to popularize NFTs based on various IPs, and will list its native IP3 token on the FTX exchange on July 8, 2022. CRIPCO's governance is based on a Decentralized Autonomous Organization (DAO), which oversees all business-critical decisions from IP screening to IP-based NFT projects. Investors and partners include FTX Ventures and SOLANA Ventures. The CRIPCO DAO is made up of corporations from various fields, renowned artists, and other influential members across industries including IPX (formerly LINE FRIENDS), NAVER Z (ZEPETO), Marciano MMG, Fujiwara Hiroshi, Edison Chen, KB (Kyubum Lee), and James Fauntleroy. In addition to attracting investment from global blockchain venture capitals and a major fashion platform, CRIPCO has secured partnerships with companies in the blockchain industry and is building its ecosystem to realize its 'IP 3.0 Hub' vision.
To learn more about CRIPCO, please visit https://cripco.com
Media Contact
press@cripco.com
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SOURCE CRIPCO | https://www.wibw.com/prnewswire/2022/06/27/cripco-debuts-with-ip3-token-listing-ftx-it-launches-ip-based-blockchain-nft-business/ | 2022-06-27T13:58:47Z |
Crowds honor WWII veterans at Normandy D-Day celebrations
COLLEVILLE-SUR-MER, France (AP) — When D-Day veterans set foot on the Normandy beaches and other World War II sites, they express a mix of joy and sadness. Joy at seeing the gratitude and friendliness of the French toward those who landed on June 6, 1944. Sadness as they think of their fallen comrades and of another battle now being waged in Europe: the war in Ukraine.
As a bright sun was rising over the wide band of sand of Omaha Beach on Monday, 78 years on, U.S. D-Day veteran Charles Shay expressed thoughts for his comrades who fell that day. “I have never forgotten them and I know that their spirits are here,” he told The Associated Press.
The 98-year-old Penobscot Native American from Indian Island, Maine, took part in a sage-burning ceremony near the beach in Saint-Laurent-sur-Mer.
Shay, who now lives in Normandy, was a 19-year-old U.S. Army medic when he landed on Omaha Beach on June 6, 1944.
He said he was sad to see war in Europe once again, so many years later.
“Ukraine is a very sad situation. I feel sorry for the people there and I don’t know why this war had to come, but I think the human beings like to, I think they like to fight. I don’t know,” he said.
“In 1944 I landed on these beaches and we thought we’d bring peace to the world. But it’s not possible.”
This year, Shay handed over the remembrance task to another Native American, from the Crow tribe, Julia Kelly, a Gulf War veteran, who performed the sage ritual. “Never forget, never forget,” she said. “In this time, in any time, war is not good.”
Shay’s message to young generations would be “to be ever vigilant.”
“Of course I have to say that they should protect their freedom that they have now,” he said.
For the past two years, D-Day ceremonies were reduced to a minimum amid COVID-19 lockdown restrictions.
This year, crowds of French and international visitors — including veterans in their 90s — are back in Normandy to pay tribute to the nearly 160,000 troops from Britain, the U.S., Canada and elsewhere who landed there to bring freedom.
Several thousand people were expected Monday at a ceremony later at the American Cemetery overlooking Omaha Beach in the French town of Colleville-sur-Mer. Amid the dozens of U.S. veterans expected to attend was Ray Wallace, 97, a former paratrooper with the 82nd Airborne Division.
On D-Day, his plane was hit and caught fire, forcing him to jump earlier than expected. He landed 20 miles (32 kilometers) away from the town of Sainte-Mere-Eglise, the first French village to be liberated from Nazi occupation.
“We all got a little scared then. And then whenever the guy dropped us out, we were away from where the rest of the group was. That was scary,” Wallace told The Associated Press.
Less than a month later, he was taken prisoner by the Germans. He was ultimately liberated after 10 months and returned to the U.S.
Still, Wallace thinks he was lucky.
“I remember the good friends that I lost there. So it’s a little emotional,” he said, with sadness in his voice. “I guess you can say I’m proud of what I did but I didn’t do that much.”
He was asked about the secret to his longevity. “Calvados!” he joked, in reference to Normandy’s local alcohol.
On D-Day, Allied troops landed on the beaches code-named Omaha, Utah, Juno, Sword and Gold, carried by 7,000 boats. On that single day, 4,414 Allied soldiers lost their lives, 2,501 of them Americans. More than 5,000 were wounded.
On the German side, several thousand were killed or wounded.
Wallace, who is using a wheelchair, was among about 20 WWII veterans who opened Saturday’s parade of military vehicles in Sainte-Mere-Eglise to great applause from thousands of people, in a joyful atmosphere. He did not hide his pleasure, happily waving to the crowd as parents explained the achievements of World War II heroes to their children.
Many history buffs, wearing military and civilian clothes from the period, also came to stage a reenactment of the events.
In Colleville-sur-Mer on Monday, U.S. Air Force aircraft are to fly over the American Cemetery during the commemoration ceremony, in the presence of Army Gen. Mark Milley, chairman of the Joint Chiefs of Staff. The place is home to the gravesites of 9,386 people who died fighting on D-Day and in the operations that followed.
For 82-year-old Dale Thompson, visiting the site over the weekend was a first.
Thompson, who traveled from Florida with his wife, served in the 101st Airborne Division of the U.S. military in the early 1960s. He was stateside and saw no combat.
Walking amid the thousands of marble headstones, Thompson wondered how he would have reacted if he landed at D-Day.
“I try to put myself in their place,” he said. “Could I be as heroic as these people?”
____
AP Journalists Oleg Cetinic and Jeremias Gonzalez contributed to the story.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/06/crowds-honor-wwii-veterans-normandy-d-day-celebrations/ | 2022-06-06T13:20:59Z |
LOS ANGELES, May 27, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, today announced that Scott Hoey will take over as Chief Financial Officer of CMGR, following the resignation of Dmitry Kaplun. Mr. Kaplun will become a financial consultant to the company.
"Dmitry has done a great job during his time with the company," said Amir Ben-Yohanan, CEO of CMGR. "Under his strategic direction, the company accomplished very important objectives. We secured long-term funding, cut our cash burn, and streamlined financial reporting. Additionally, we built a world class sales team as we pivoted from high capital-intensive content houses to a digital agency business model. We wish Dmitry all the best going forward. Scott has been a valuable member of the CMGR team this past year and will be able to hit the ground running as CFO."
"I feel good about what we were able to achieve as a company during my time here," added Mr. Kaplun. "For family reasons, today I am stepping down as the CFO of the company. I want to thank Amir, the entire CMGR board, and the management team for their guidance during this time. The company will be in good hands with Scott Hoey as the new CFO, and I will stay on as a consultant to oversee the transition. I look forward to continuing my work with the management team to help the company going forward."
"I'm grateful for this opportunity and for the amazing support I've received from the CMGR team," said Mr. Hoey, CFO of CMGR. "I look forward to aiding in the growth of the operation for the benefit of the company and its shareholders."
About Clubhouse Media Group, Inc.
CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.
Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR.
Forward-Looking Statements
This release contains "forward-looking statements." Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.
Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements, including those set forth in the Risk Factors section of CMGR's Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on March 29, 2022 and our subsequent SEC filings, as amended or updated from time to time. Copies of CMGR's filings with the SEC are available on the SEC's website at www.sec.gov. Such risks, uncertainties and other factors include, but are not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this press release.
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SOURCE Clubhouse Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/27/clubhouse-media-group-inc-announces-scott-hoey-new-cfo-dmitry-kaplun-assume-consulting-role/ | 2022-05-27T21:17:53Z |
NEW YORK, April 1, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MSFT, XOM, JNJ, WMT, and V.
Click a link below then choose between in-depth options trade idea report or a stock score report.
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- MSFT: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=MSFT&prnumber=040120224
- XOM: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=XOM&prnumber=040120224
- JNJ: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=JNJ&prnumber=040120224
- WMT: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=WMT&prnumber=040120224
- V: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=V&prnumber=040120224
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InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/04/01/thinking-about-trading-options-or-stock-microsoft-exxon-mobil-johnson-amp-johnson-walmart-or-visa/ | 2022-04-01T16:17:38Z |
In a recent U.S. Army operational assessment at White Sands Missile Range, the 50kW-class high energy laser weapon demonstrated repeatable counter-mortar capability
LAS CRUCES, N.M., May 16, 2022 /PRNewswire/ -- In four weeks of continuous live-fire exercises, an industry team led by Raytheon Intelligence & Space, a Raytheon Technologies (NYSE: RTX) business, and Kord, a wholly owned subsidiary of KBR, defeated multiple 60mm mortar rounds with a 50kW-class high energy laser integrated on a Stryker combat vehicle.
The directed energy weapon system — part of the U.S. Army's Directed Energy Maneuver-Short Range Air Defense, or DE M-SHORAD — acquired, tracked, targeted and defeated multiple mortars and successfully accomplished multiple tests simulating real-world scenarios.
Continuing to put the DE M-SHORAD system to the test, the recent operational assessment at White Sands Missile Range also included defeating several small, medium and large drones.
"Soldiers in the field face increasingly complex threats, and our combat-proven sensors, software, and lasers are ready to give them a new level of protection," said Annabel Flores, president of Electronic Warfare Systems for Raytheon Intelligence & Space. "The Army gave us our toughest challenge yet — countering rockets, artillery and mortars — and we took an essential step on the path to providing the maneuverable, short range air defense Soldiers need."
The DE M-SHORAD effort is aimed at protecting soldiers against various aerial threats, including unmanned aircraft systems, rotary-wing aircraft, rockets, artillery and mortars. Kord serves as the primary integrator of the system on the Stryker combat vehicle, while Raytheon Intelligence & Space provides the 50kW-class high energy laser weapon module, a specialized radar acquisition system, a beam control system and targeting sensor.
"This team once again showed that the HEL system is fully-integrated and ready to provide protection against complex threats," said Byron Bright, President of KBR Government Solutions. "With an effectively infinite magazine and near-zero cost per shot, HEL is now the proven answer to asymmetric threats like drones and mortars."
The joint industry team, which includes Rocky Research for power and thermal management, General Dynamics Land Systems for the Stryker platform, and Applied Technology Associates for additional sensors, is preparing to deliver four DE M-SHORAD units to Army Brigade Combat Teams in 2022.
RI&S' high energy laser weapon systems, built in McKinney, Texas, works on land, in the air and at sea, providing 360-degree coverage that can protect bases, airports, stadiums and other high-value military or civilian assets. Open architecture, scalable power, and ruggedized design adapts to the demands of the mission. HEL weapons can be used as standalone systems or rapidly installed on a variety of platforms. Major suppliers for the system are based in Huntsville, Alabama; Albuquerque, New Mexico; Portland, Oregon; East Granby, Connecticut; and Los Angeles, California.
Additional information and photos can be found here.
Media Contact:
Michael Dorff
michael.l.dorff@raytheon.com
About Raytheon Intelligence & Space
Raytheon Intelligence & Space, a Raytheon Technologies business, delivers the disruptive technologies our customers need to succeed in any domain, against any challenge. A developer of advanced sensors, cyber services and software solutions, Raytheon Intelligence & Space provides a decisive advantage to civil, military and commercial customers around the world.
About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.
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SOURCE Raytheon Technologies | https://www.wibw.com/prnewswire/2022/05/16/raytheon-intelligence-amp-space-kord-team-up-defeat-multiple-mortars-large-drones-with-stryker-mounted-high-energy-laser/ | 2022-05-16T16:18:50Z |
- Live Conference Call and Webcast at 4:30 PM ET -
PALO ALTO, Calif., July 28, 2022 /PRNewswire/ -- Eiger BioPharmaceuticals, Inc. (Nasdaq: EIGR), a commercial-stage biopharmaceutical company focused on the development of innovative therapies for hepatitis delta virus (HDV) and other serious diseases, today announced that it will host a conference call on Thursday, August 4, 2022 at 4:30 PM ET to discuss its second quarter 2022 financial results and provide a business update.
The live and replayed webcast of the call will be available through the company's website at www.eigerbio.com. To participate in the live call by phone, please register in advance at https://register.vevent.com/register/BIfd526d893fcb47fc96359096e28232bb to receive the dial-in number and unique passcode to access the call. The webcast will be archived and available for replay for at least 90 days after the event.
About Eiger
Eiger is a commercial-stage biopharmaceutical company focused on the development of innovative therapies for hepatitis delta virus (HDV) and other serious rare diseases. The Eiger HDV platform includes two first-in-class therapies in Phase 3 that target critical host processes involved in viral replication. All five Eiger rare disease programs have been granted FDA breakthrough therapy designation.
For additional information about Eiger and its clinical programs, please visit www.eigerbio.com.
Investors:
Sylvia Wheeler
Wheelhouse Life Science Advisors
swheeler@wheelhouselsa.com
Media:
Sarah Mathieson
SVP, Corporate Affairs
smathieson@eigerbio.com
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SOURCE Eiger BioPharmaceuticals, Inc. | https://www.wibw.com/prnewswire/2022/07/28/eiger-biopharmaceuticals-host-conference-call-second-quarter-2022-financial-results-business-update-thursday-august-4/ | 2022-07-28T13:02:38Z |
African American Heritage and Music Festival will celebrate Juneteenth
The 6th Annual African American Heritage and Music Festival will be celebrating Juneteenth with a two-day event next month in Humboldt's Viking Park.
Juneteenth, celebrated on June 19, commemorates the emancipation of slaves in the United States. It was first celebrated in Texas in 1865 after The Civil War.
President Joe Biden signed a proclamation making it a day of observance on June 18, 2021.
This year's African American Heritage and Music Festival will kick off with opening ceremonies at 11 a.m. on June 18. The two-day event, on June 18-19, will be packed with entertainment and other activities. Performers include The Soul Shakers Society Band, The Just Friends Trio, the Hub City Gospel Choir and others.
More than 40 vendors will be on site.
Contests will be held for aspiring cooks in the categories of bar-b-que, bar-b-que sauce and sweet potato pie, among others.
For more information about this event, to become a vendor or obtain a sponsorship, contact Valerie Porter at 901-486-0373.
This year's official sponsor of the festival is the Humboldt Stigall Center, a non-profit 501(C)3 organization. | https://www.jacksonsun.com/story/news/2022/05/26/african-american-heritage-and-music-festival-6th-annual-valerie-poston-viking-park-juneteenth-humbol/9844401002/ | 2022-05-26T18:13:23Z |
McDonald's Board of Directors Urges Shareholders to Vote FOR ALL of its Director Nominees on the WHITE Proxy Card TODAY
CHICAGO, May 16, 2022 /PRNewswire/ -- McDonald's Corporation (NYSE: MCD) today announced that leading proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that McDonald's shareholders vote on the WHITE proxy card FOR ALL of McDonald's director nominees in connection with the Company's 2022 Annual Shareholders' Meeting, scheduled to be held on May 26, 2022, at 9:00 a.m. CT. Accordingly, the McDonald's Board of Directors urges shareholders to vote FOR ALL of McDonald's director nominees on the WHITE proxy card and to disregard any materials, including any gold proxy card, that may be sent by the Icahn Group.
In its report sent to clients on May 16, 2022, ISS stated:
- "On balance, the dissident campaign has not made a sufficient case, on an issue-specific or broader view of ESG, that the immediate replacement of incumbent directors is necessary at this time."
- "… the prevailing scientific evidence [regarding sow welfare], along with the realities of commercial-scale agriculture, seem to suggest that there is a reasonable basis for the view espoused by [McDonald's] board."
- "…we are hesitant to support a proxy contest predicated on ESG issues in instances where the dissident is economically divorced from the potential impact of its proposals on the company's financial performance."
- "In assessing this campaign, shareholders may want to consider that the board, which has overseen strong performance since the pandemic, is also dealing with developments in Ukraine, which have had a material impact on the company (MCD announced it would temporarily close its more than 800 restaurants in Russia in March)."
McDonald's appreciates ISS' support of the election of all of McDonald's directors. As evidenced by this recommendation and the Company's performance, McDonald's directors possess the experience, expertise, and qualifications that will continue to enable the effective execution of our strategy and drive long-term value for stakeholders and support for the communities we serve.
The Board reminds shareholders that every vote is important.
Shareholders with questions or who need assistance voting their shares may call the Company's proxy solicitors: Innisfree M&A Incorporated at (877) 456-3463 (toll-free from the U.S. or Canada) or (412) 232-3651 (from other countries); or Kingsdale Advisors at (855) 683-3113 (toll-free in North America) or (416) 867-2272 (outside of North America).
Additional materials regarding McDonald's 2022 Annual Shareholders' Meeting can be found at VoteForMcD.com.
Centerview Partners and PJT Partners are acting as McDonald's financial advisors. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Davis Polk & Wardwell LLP are serving as legal counsel.
About McDonald's
McDonald's is the world's leading global foodservice retailer with more than 39,000 locations in over 100 countries. Approximately 95% of McDonald's restaurants worldwide are owned and operated by independent local business owners.
Forward-Looking Statements
This release and other written or oral statements made from time to time by McDonald's Corporation ("McDonald's") contain forward-looking statements about future events and circumstances. Generally speaking, any statement not based upon historical fact is a forward-looking statement. In particular, statements regarding McDonald's plans, strategies, prospects and expectations regarding its business and industry are forward-looking statements. They reflect McDonald's expectations, are not guarantees of performance and speak only as of the date hereof. Except as required by law, McDonald's does not undertake to update such forward-looking statements. You should not rely unduly on forward-looking statements. McDonald's business results are subject to a variety of risks, including those that are described in its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 and subsequent filings with the Securities and Exchange Commission (the "SEC").
IMPORTANT ADDITIONAL INFORMATION REGARDING PROXY SOLICITATION
McDonald's has filed a definitive proxy statement and WHITE proxy card with the SEC in connection with its solicitation of proxies for its 2022 Annual Meeting. MCDONALD'S SHAREHOLDERS ARE ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT (AND ANY AMENDMENTS AND SUPPLEMENTS THERETO), THE ACCOMPANYING WHITE PROXY CARD AND OTHER DOCUMENTS FILED WITH THE SEC IN THEIR ENTIRETY BECAUSE THEY CONTAIN IMPORTANT INFORMATION. McDonald's shareholders may obtain a copy of the definitive proxy statement (and any amendments and supplements thereto), the accompanying WHITE proxy card and other relevant documents filed by McDonald's with the SEC without charge from the SEC's website at www.sec.gov. McDonald's shareholders may also obtain a copy of these documents without charge by sending a request to shareholder.services@us.mcd.com or visiting the investor section of the McDonald's website at www.investor.mcdonalds.com.
CERTAIN INFORMATION REGARDING PARTICIPANTS
McDonald's, its directors and certain of its executive officers are participants in the solicitation of proxies from McDonald's shareholders in connection with the matters to be considered at the 2022 Annual Meeting. Information regarding the ownership of McDonald's directors and executive officers in McDonald's common stock is included in the definitive proxy statement for its 2022 Annual Meeting, filed with the SEC on April 8, 2022, which can be found through the SEC's website at www.sec.gov. Changes to such ownership have been or will be reflected on Statements of Changes in Beneficial Ownership on Form 4 filed with the SEC. Details concerning the nominees of the McDonald's Board of Directors for election at the 2022 Annual Meeting are also included in such definitive proxy statement.
Contacts
McDonald's Corporation Global Communications
Jesse Lewin
Jesse.Lewin@us.mcd.com
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SOURCE McDonald's Corporation | https://www.kxii.com/prnewswire/2022/05/16/leading-proxy-advisor-iss-recommends-shareholders-vote-all-mcdonalds-director-nominees/ | 2022-05-16T18:19:19Z |
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