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Partnership to provide online betting education as nearly half of sports bettors are looking for guidance
PHILADELPHIA, July 28, 2022 /PRNewswire/ -- Bankroll, a new luxury sports bar experience coming to Philadelphia this fall, and Betting Hero, the leading live activation and customer experience company in the sports betting industry, today announced a strategic partnership that will create a valuable sports betting concierge program for Bankroll's guests.
Bankroll, a premier entertainment and dining destination for the modern, invested sports fan, has partnered with Betting Hero to develop and build Bankroll's sports betting education. The partnership includes conducting market analysis and creating a concierge program featuring in-house sports betting experts who will guide Bankroll guests through the sports betting experience.
A recent study from Betting Hero's consulting and research arm – Betting Hero Research – and Epoxy.ai found that 47% of sports bettors said they want to place more bets but currently have a hard time navigating and finding the bets they want. These findings support consumer interest in Bankroll's guest experience and concierge program, which provides hands-on education around online betting, including setting up an account on a betting app, learning about the different types of bets they can place, and how to pay for their online gambling and withdraw their winnings. Additionally, 71% of sports bettors find it important or very important to be able to watch what they bet on – and Bankroll will offer dozens of screens for fans to watch their favorite games.
"We are thrilled to collaborate with Betting Hero and its team of seasoned sports betting experts to create the next generation of gaming catered to sports fans," said Padma Rao, CEO of Bankroll. "Our unique concierge service will provide customers customized content, coaching and community unlike any other venue or platform."
Betting Hero will also help build out Bankroll's sports betting-focused concierge team, focusing on VIP customer engagement, customer acquisition, and building relationships with gambling and sports betting companies.
"Betting has become an integral part of the sports fan experience," said Jai Maw, President of Betting Hero. "Creating a high-end betting experience at a venue like Bankroll gives guests more ways to engage with their favorite games and provides betting companies a truly differentiated way to engage customers. We're excited to deploy Betting Hero's sports betting expertise in partnership with Bankroll to create this unique venue experience catered toward bettors."
Bankroll is based in Philadelphia, where online sports betting was legalized in 2019. Betting Hero has partnered with more than 200 restaurants and bars nationally, many of which are individually owned and operated.
About Bankroll
Bankroll is the premier entertainment and dining destination for the modern, invested sports fan. The 16,000 sq. ft. venue in Philadelphia will feature a restaurant and bar experience by Stephen Star, unique spaces with numerous screens to watch sports and major events, and a VIP concierge service customized for sports fans. For more information about Bankroll, please visit bankrollclub.com.
About Betting Hero
Betting Hero is the No. 1 in-person customer acquisition company in the legal U.S. online gambling industry. Founded in 2018, Betting Hero started as a street team helping customers at New Jersey tailgates sign up for newly legalized sports betting apps. Betting Hero now partners with top sports betting and online gambling operators across hundreds of venues spanning the U.S. to help thousands of consumers enjoy their experience betting online. Betting Hero has helped over 250,000 customers at events nationwide register, deposit, and bet at legal U.S. online sportsbooks and casinos. Betting Hero's consulting and research arm partners with gambling companies, service providers like digital payments and gambling technology companies, bars, restaurants, and sports teams to design their respective sports betting and iGaming strategies spanning customer experience, acquisition, retention, and more. For more information about Betting Hero, please visit bettinghero.com.
Press Contacts
Kristen Love
klove@briancom.com
Caroline Ponseti
cponseti@theheraldgroup.com
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SOURCE Bankroll | https://www.kxii.com/prnewswire/2022/07/28/bankroll-betting-hero-partner-create-novel-betting-concierge-experience/ | 2022-07-28T17:31:49Z |
In collaboration with InsideTrack, National University embarks on a three-year-long program to build a corps of in-house student success coaches
SAN DIEGO, June 15, 2022 /PRNewswire/ -- National University, a private nonprofit university that serves more than 30,000 working adult learners, online students, educators, and members of the military community, today announced an ambitious new initiative aimed at improving student outcomes by training hundreds of staff and advisors to apply one-on-one success coaching in their outreach and communication with students. With capacity-building and training support from the national student success nonprofit InsideTrack, the university will work over the next three years to create an in-house coaching program to help more adult learners overcome barriers to success and completion.
"The adult students and diverse students that we serve lead rich, full lives. They are constantly attending to a delicate balance of academic, career, family, and personal commitments. Coaching is about working holistically with each student to help them navigate those commitments and fulfill their educational and career aspirations," said Brad Dotson, director of student success at National University. "We were impressed by the initial impact and success of the coaching pilot program we collaborated on with InsideTrack a year ago, and we're excited to embrace the challenge of scaling this program to reach a larger number of learners and help them achieve their education and career goals."
The innovative coaching initiative is part of National University's effort to serve a highly diverse population of students that reflect the shifting demographics of students in higher education today. Approximately 70 percent of NC's students take the majority of their classes online. More than 25 percent identify as Hispanic, and 10 percent identify as Black. More than 80 percent of undergraduates are transfer students. The average age is 33. And about one in four students are active-duty service members or veterans.
The expansion of the coaching program builds on a successful collaboration with InsideTrack focused on reaching students at risk of academic failure. In 2021, the university worked with InsideTrack to deploy its evidence-based student support model to assist students who had received either an academic warning or probation. Coaches successfully engaged more than 800 academically at-risk students who had either received an academic warning or been placed on academic probation.
Based on the success of that initial program, the university will expand its engagement with InsideTrack, working with the institution to help more underserved students achieve academic success. Over the next three years, National University will work with InsideTrack to scale up this effective coaching program by implementing a train-the-trainer model that will upskill and certify frontline student support staff on best practices in student success coaching.
To begin the expanded partnership, student success staff at National University have been working with InsideTrack to conduct a program diagnostic study that will identify opportunities for the institution to better address the pain points and barriers facing students. The two organizations are now in the process of launching an ongoing course of professional development and training that will educate frontline student success staff on the fundamentals of success coaching.
As it develops, the capacity-building partnership will culminate with participating National University staff and advisors completing a certification process that will enable them to train others as coaches—creating a scalable model that will enable the university to maintain and expand the program in years to come.
"As a former community college student, a lifelong learner, and single mother, I've gained a unique appreciation of the complex and varied challenges that today's students face," said Ruth Bauer White, president of InsideTrack. "We need to ask ourselves how institutions can become more student-ready, instead of asking students to become college-ready. This work is about building the sort of student-ready support infrastructure that can help every learner succeed."
About National University: National University, a veteran-founded nonprofit, has been dedicated to meeting the needs of hard-working adults by providing accessible, affordable, achievable higher education opportunities since 1971. As San Diego's largest private nonprofit university, NU offers over 75 online and on-campus programs and flexible four-week classes designed to help students reach their goals while balancing busy lives. Since its founding, the NU community has grown to over 30,000 students and 190,000 alumni around the globe, many of whom serve in helping industries such as business, education, health care, cybersecurity, and law and criminal justice. Learn more at NU.edu.
About InsideTrack: InsideTrack is passionate about helping all learners achieve their education and career goals through the transformative power of coaching. Since 2001, we've served 2.6 million learners, partnering with more than 250 institutions and organizations to directly improve enrollment, persistence, completion and career readiness. Our coaching methodology is evidence-based and research-confirmed, with proven outcomes for every type of learner — from traditional to adult, part-time to full-time, online to in-person — including first generation students and those who face systemic barriers to postsecondary success. We also work with partners to build internal coaching capacity through staff training and professional services — designed to sustain advances in-house for lasting, scalable impact. InsideTrack is a part of Strada Collaborative, a mission-driven nonprofit. To learn more, visit www.insidetrack.org and follow us on Twitter @InsideTrack and LinkedIn @InsideTrack.
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SOURCE National University | https://www.mysuncoast.com/prnewswire/2022/06/15/nonprofit-adult-serving-university-trains-staff-coaches-boost-adult-learner-success/ | 2022-06-15T13:59:36Z |
GENEVA, June 22, 2022 /PRNewswire/ -- Pascal Portes, who leads the R&D department of the fragrance and natural ingredients division at L'OCCITANE en Provence will speak at the 2022 World Perfumery Congress in Miami Beach, Florida, June 29th to July 1st. Pascal Portes will present 'Forgotten Perfumery Plants: Fragrance Revelation for Innovation', 8 a.m. to 8:30 a.m. EDT Thursday, June 29th.
For centuries, a multitude of plants have been used to create perfumes, which have been largely forgotten over time. Today, these forgotten perfumery plants represent an intriguing source of innovation in the development of natural raw materials. L'OCCITANE en Provence has collaborated with the Chemistry Institute of Nice, France, and the International Perfume Museum in Grasse, in an R&D project that not only revives precious historical heritage but offers insights into the link between ingredient sourcing and biodiversity regeneration.
'As Nature is the largest R&D laboratory on the face of the earth, at L'OCCITANE, we're like explorers who set off towards unknown lands with boundless enthusiasm, never knowing what we're going to discover.' – Pascal Portes
This unique R&D project seeks to rediscover and explore forgotten perfumery plants, and to evaluate the possibility of reintroducing them as present-day ingredients. Hundreds of books were studied, and a variety of experts were interviewed. Data was collected regarding identity, history, symbolism, uses, smell, medicinal properties, and hypotheses as to the reason plants may have been forgotten, and with the information obtained, a database containing more than eight hundred perfumery plants was created. The interest of L'OCCITANE en Provence to respect biodiversity led to a closer look into Hawthorn and Sweet Clover, both identified as forgotten perfumery plants, and each having ecological benefits in terms of biodiversity regeneration.
The Forgotten Plants project was researched and developed by:
P. PORTES, Laboratoires M&L, L'OCCITANE Group, A.S BOUVILLE, Institut de Chimie de Nice, CNRS, Université Côte d'Azur and Laboratoires M&L, J.C. LHOMMET, Laboratoires M&L, L'OCCITANE Group and X. FERNANDEZ, Institut de Chimie de Nice, CNRS, Université Côte d'Azur and K. DA FONTE, Institut de Chimie de Nice, CNRS, Université Côte d'Azur
MEDIA CONTACT
groupcommunication@loccitane.com
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SOURCE L’OCCITANE en Provence | https://www.kxii.com/prnewswire/2022/06/23/loccitane-presents-forgotten-perfumery-plants-fragrance-revelation-innovation-2022-world-perfumery-congress/ | 2022-06-23T00:55:30Z |
New branding unifies Numinus' presence across North America
Rebranding will be accomplished in phases and completed by end of 2022
VANCOUVER, BC, June 27, 2022 /PRNewswire/ - Numinus Wellness Inc. ("Numinus", the "Company") (TSX: NUMI) (OTCQX: NUMIF) is pleased to announce the launch of a new visual brand identity that will be applied to all Company assets, including its clinics, research sites and digital properties, by the end of 2022 – complementing Numinus' continued growth as a leading mental health care company providing psychedelic-assisted therapies across North America.
"Numinus has grown significantly since our founding in 2018. Our recent expansion to the US marked a key opportunity to revitalize our brand while unifying our service offerings," said Payton Nyquvest, Founder and CEO, Numinus. "Our new updated identity will be instrumental for Numinus as we expand our market presence, drive increased brand awareness, and, ultimately, advance as a leader in psychedelic-assisted therapy and mental health care across North America."
The visual identity, created in partnership with leading creative agency, GrandArmy, reflects the essence of Numinus' vision – blending the art and science of innovative mental health care through use of geometry and colour.
"As Numinus grows at a community and global level, an impactful visual identity that brings together all parts of the business will help us build stronger brand connection for both our external and internal audiences," says Danielle Hinan, VP, Marketing, Numinus. "We underwent a rigorous rebranding exercise, exploring sacred geometry and symbolism to create a brand that is timeless and engaging, and we can't wait to bring it to life in the coming months."
The rebranding will be completed in a multi-phased approach, with current Numinus branded assets and websites immediately being rebranded, followed by the rebranding of subsidiaries Mindspace, the Neurology Centre of Toronto, Cedar Psychiatry, Cedar Clinical Research and Foundations for Change later in the year. Numinus expects all assets to be rebranded to showcase one unified brand by the end of 2022.
Numinus Wellness (TSX: NUMI) helps people to heal and be well through the development and delivery of innovative mental health care and access to safe, evidence-based psychedelic-assisted therapies. The Numinus model - including psychedelic production, research and clinic care - is at the forefront of a transformation aimed at healing rather than managing symptoms for depression, anxiety, trauma, pain and substance use. At Numinus, we are leading the integration of psychedelic-assisted therapies into mainstream clinical practice and building the foundation for a healthier society.
Learn more at www.numinus.com and follow us on LinkedIn, Facebook, Twitter, and Instagram.
Neither Numinus Wellness Inc., nor any of its subsidiaries is a professional corporation licensed to practice health services. In jurisdictions where health services may only be provided by a corporation if that corporation holds a valid permit to do so, Numinus and its subsidiaries operate in a management services function to affiliated professional corporations, who provide health services to patients. Numinus and its subsidiaries do provide health services directly to patients in those jurisdictions where authorized to do so.
This news release includes certain "forward‐looking information" and "forward‐looking statements" (collectively "forward‐looking statements") within the meaning of applicable Canadian securities legislation, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. All statements in this news release that address events or developments that the Company expects to occur in the future are forward‐looking statements. Forward‐looking statements are statements that are not historical facts and are often identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur, and include information regarding expectations around the rebranding, and expectation for other economic, business and/or competitive factors.
Forward‐looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond the Company's control. These forward‐looking statements are qualified in their entirety by cautionary statements and risk factor disclosure contained in filings made by the Company with the Canadian securities regulators, including the Company's financial statements, related MD&A and Annual Information Form for the financial year ended August 31, 2021 and its interim financial statements and related MD&A for the three and six months ended February 28, 2022, all filed with the securities regulatory authorities in all provinces and territories of Canada, except Québec, and available under the Company's profile at www.sedar.com. The risk factors are not exhaustive of the factors that may affect the Company's forward‐looking statements. The Company's forward‐looking statements are based on the applicable assumptions and factors management considers reasonable as of the date hereof, based on the information available to management of the Company at such time. The Company does not assume any obligation to update forward‐looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable securities laws. There can be no assurance that forward‐looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward‐looking statements. Accordingly, undue reliance should not be placed on forward‐looking statements.
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SOURCE Numinus Wellness Inc. | https://www.mysuncoast.com/prnewswire/2022/06/27/numinus-unveils-new-logo-brand-identity/ | 2022-06-27T11:34:10Z |
BIRMINGHAM, Ala. (AP) — Everywhere, it seems, back-to-school has been shadowed by worries of a teacher shortage.
The U.S. education secretary has called for investment to keep teachers from quitting. A teachers union leader has described it as a five-alarm emergency. News coverage has warned of a crisis in teaching.
In reality, there is little evidence to suggest teacher turnover has increased nationwide or educators are leaving in droves.
Certainly, many schools have struggled to find enough educators. But the challenges are related more to hiring, especially for non-teaching staff positions. Schools flush with federal pandemic relief money are creating new positions and struggling to fill them at a time of low unemployment and stiff competition for workers of all kinds.
Since well before the COVID-19 pandemic, schools have had difficulty recruiting enough teachers in some regions, particularly in parts of the South. Fields like special education and bilingual education also have been critically short on teachers nationwide.
For some districts, shortages have meant children have fewer or less qualified instructors.
In rural Alabama’s Black Belt, there were no certified math teachers last year in Bullock County’s public middle school.
“It really impacts the children because they’re not learning what they need to learn,” said Christopher Blair, the county’s former superintendent. “When you have these uncertified, emergency or inexperienced teachers, students are in classrooms where they’re not going to get the level of rigor and classroom experiences.”
While the nation lacks vacancy data in several states, national pain points are obvious.
For starters, the pandemic kicked off the largest drop in education employment ever. According to the Bureau of Labor Statistics, the number of people employed in public schools dropped from almost 8.1 million in March 2020 to 7.3 million in May. Employment has grown back to 7.7 million since then, but that still leaves schools short around 360,000 positions.
“We’re still trying to dig out of that hole,” said Chad Aldeman, policy director at the Edunomics Lab at Georgetown University.
It’s unknown how many of those positions lost were teaching jobs, or other staff members like bus drivers — support positions that schools are having an especially hard time filling. A RAND survey of school leaders this year found that around three-fourths of school leaders say they are trying to hire more substitutes, 58% are trying to hire more bus drivers and 43% are trying to hire more tutors.
Still, the problems are not as tied to teachers quitting as many have suggested.
Teacher surveys have indicated many considered leaving their jobs. They’re under pressure to keep kids safe from guns, catch them up academically and deal with pandemic challenges with mental health and behavior.
National Education Association union leader Becky Pringle tweeted in April: “The educator shortage is a five-alarm crisis.” But a Brown University study found turnover largely unchanged among states that had data.
Quit rates in education rose slightly this year, but that’s true for the nation as a whole, and teachers remain far more likely to stay in their job than a typical worker.
Hiring has been so difficult largely because of an increase in the number of open positions. Many schools indicated plans to use federal relief money to create new jobs, in some cases looking to hire even more people than they had pre-pandemic. Some neighboring schools are competing for fewer applicants, as enrollment in teacher prep programs colleges has declined.
The Upper Darby School District in Pennsylvania has around 70 positions it is trying to fill, especially bus drivers, lunch aides and substitute teachers. But it cannot find enough applicants. The district has warned families it may have to cancel school or switch to remote learning on days when it lacks subs.
“It’s become a financial competition from district to district to do that, and that’s unfortunate for children in communities who deserve the same opportunities everywhere in the state,” Superintendent Daniel McGarry said.
The number of unfilled vacancies has led some states and school systems to ease credential requirements, in order to expand the pool of applicants. U.S. Education Secretary Miguel Cardona told reporters last week that creative approaches are needed to bring in more teachers, such as retired educators, but schools must not lower standards.
Schools in the South are more likely to struggle with teacher vacancies. A federal survey found an average of 3.4 teaching vacancies per school as of this summer; that number was lowest in the West, with 2.7 vacancies on average, and highest in the South, with 4.2 vacancies.
In Birmingham, the school district is struggling to fill around 50 teaching spots, including 15 in special education, despite $10,000 signing bonuses for special ed teachers. Jenikka Oglesby, a human resources officer for the district, says the problem owes in part to low salaries in the South that don’t always offset a lower cost of living.
The school system in Moss Point, a small town near the Gulf Coast of Mississippi, has increased wages to entice more applicants. But other districts nearby have done the same. Some teachers realized they could make $30,000 more by working 30 minutes away in Mobile, Alabama.
“I personally lost some really good teachers to Mobile County Schools,” said Tenesha Batiste, human resources director for the Moss Point district. And she also lost some not-so-great teachers, she added — people who broke their contracts and quit three days before the school year started.
“It’s the job that makes all others possible, yet they get paid once a month, and they can go to Chick-fil-A in some places and make more money,” Batiste said.
A bright spot for Moss Point this year is four student teachers from the University of Southern Mississippi. They will spend the school year working with children as part of a residency program for aspiring educators. The state has invested almost $10 million of federal relief money into residency programs, with the hope the residents will stay and become teachers in their assigned districts.
Michelle Dallas, a teacher resident in a Moss Point first-grade classroom, recently switched from a career in mental health and is confident she is meant to be a teacher.
“That’s why I’m here,” she said, “to fulfill my calling.” | https://cw33.com/news/nexstar-media-wire/teacher-shortages-are-real-but-not-for-the-reason-you-heard/ | 2022-09-12T19:21:08Z |
NEWTON, Iowa (AP) — Josef Newgarden collapsed in the motorhome lot following his late crash Sunday at Iowa Speedway and was taken to a Des Moines hospital by helicopter for evaluation. Team Penske said he’d be held overnight.
“Following the conclusion of the race Newgarden lost consciousness and fell, sustaining a cut on the back of his head,” Team Penske said in a statement. “After being evaluated, all scans were negative. Newgarden will be held overnight for observation. Following IndyCar protocol, Newgarden will be evaluated by the IndyCar medical staff on Thursday.”
IndyCar medical director Dr. Geoffrey Billows said Newgarden was transported by helicopter to Mercy One Des Moines Medical Center because the infield care center lacked the equipment to properly evaluate the American.
Billows said Newgarden was awake and alert, but the hospital was a 45-minute drive from the track and heavy traffic for the post-race Blake Shelton concert would have delayed the journey.
Newgarden dominated and led 148 of the 300 laps while trying to sweep the doubleheader weekend. But something on his Team Penske car broke with 64 laps remaining and the 31-year-old from Tennessee spun hard into the outside wall — creating an opening for Pato O’Ward of Arrow McLaren SP to win the race.
Newgarden, a two-time IndyCar champion, was visibly rattled after his mandatory check in the infield care center after the crash. He said the crash into the wall “definitely rocked me. I got a little bit shaken from it but I’m OK.
“Definitely was a bit of a shot. I want to cry, so sad for my team. I don’t know what happened,” Newgarden said. “Everything felt fine to me. Totally unexpected and it caught me by my surprise. Team Penske is the best. I never have this stuff, so maybe we were due.”
Chevrolet’s initial diagnosis was that the suspension broke on Newgarden’s car. There was no immediate word on the force in which Newgarden hit the outside wall.
Billows said Newgarden cleared all tests in the care center after the crash, and the medical staff spoke to him a second time before he returned to the motorhome lot. IndyCar also had planned to re-evaluate him Thursday in Indianapolis before he collapsed upon returning to the motorhome lot.
“Thinking of my bus brother right now,” tweeted Penske teammate Scott McLaughlin.
O’Ward made the pass for the win on pit road with a speedy stop by his Arrow McLaren SP team and held off Penske teammates Will Power and Scott McLaughlin. It’s the second win of the season for the Mexican driver, who finished second on Saturday and remains firmly in the IndyCar title race with five races remaining.
O’Ward is fifth in the standings, 36 points behind leader Marcus Ericsson. His win halted Team Penske’s dominance on the 0.894-mile oval, where Roger Penske’s drivers had won six of the last seven races prior to Sunday.
Scott Dixon of Chip Ganassi Racing finished fourth and was followed by teammate Jimmie Johnson, who raced hard with Indianapolis 500 winner Ericsson to earn his best finish through two seasons of IndyCar racing. Ericsson is also a Ganassi driver and Newgarden’s crash helped the Swede retain the lead in the IndyCar standings — making Johnson’s aggressive racing a bit nerve-racking for the Ganassi camp.
“I race my teammates with the most respect I possibly can, every race I’ve been in, I’ve given way,” Johnson said. “That was really the first time I fought for position and felt like I should have been up there passing (Dixon). Today I had it in me and I raced clean, hard, and just had an awesome day.”
Ericsson said Johnson’s experience on ovals was the difference. The seven-time NASCAR champion made 686 starts in a stock car and won 83 races.
“Yeah, you know, he has a couple of more oval races than me under his belt. I think that’s what I was thinking when he was battling me,” Ericsson said. “All the time I was trying to sort of make him go in my dirty air. Every time I looked in my mirror, he was inside, out, inside, out. Oh, my God. Step behind me, please.”
It was another podium sweep for Chevrolet, who did it on Saturday with Newgarden, O’Ward and Power.
Newgarden was scored as the points leader at the time of his crash and dropped to a tie with Dixon for third in the standings following his crash. There are five drivers separated by 36 points in the standings, and Ericsson leads Power by eight points.
CREW MEMBER INJURED
A crew member for A.J. Foyt Racing was also transported to the hospital Sunday when he was hit by driver Dalton Kellett during Kellett’s final pit stop.
Chris McFadden posted on Instagram a photo from inside an ambulance and said the “preliminary assessment shows a fractured femur, possible chipped bone, a decent puncture wound, as well as some gnarly bruising.”
“This is the risk we take in this sport and unfortunately these things happen,” McFadden wrote.
RAHAL RETURNS
Team owner Bobby Rahal had been noticeably absent from the track for nearly two months and confirmed Sunday that the 1986 Indianapolis 500 winner underwent a triple bypass.
Rahal told The Associated Press he went for a routine annual physical on May 5 and doctors discovered he’d unknowingly suffered a heart attack — maybe two — and found 100% blockage in his left anterior descending artery.
Rahal assumed surgery would be immediate but it actually didn’t happen until June 6. He appeared slimmed down ahead of Sunday’s race, only the second IndyCar race the owner of Rahal Letterman Lanigan has attended since that May physical.
“Surprised he leaked the news, but nonetheless it’s been an intense couple months for our family,” son Graham Rahal wrote on Twitter. “We’re ultra lucky to still have dad with us, very lucky, but now he’s good for another 100k miles we think! Many had asked where he’s been, now you have your answer.”
UP NEXT
IndyCar and NASCAR share next weekend at Indianapolis Motor Speedway. IndyCar races Saturday on the road course; NASCAR races Sunday on the same circuit.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/oward-wins-in-iowa-after-newgarden-crashes-while-leading/ | 2022-07-25T19:36:48Z |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.
SUGAR LAND, Texas, Sept. 8, 2022 /PRNewswire/ -- Reference is made to the voluntary public share exchange offer (the "Exchange Offer") by Noble Corporation plc ("Topco") to the shareholders of The Drilling Company of 1972 A/S ("Maersk Drilling") to acquire the entire share capital in Maersk Drilling (excluding any treasury shares) in connection with the business combination of Noble Corporation ("Noble") and Maersk Drilling as announced on 8 August 2022. The Exchange Offer is recommended by the board of directors of Maersk Drilling.
Topco hereby announces that the Danish Financial Supervisory Authority has approved a listing prospectus (the "Listing Prospectus"), prepared for the purpose of the admission to trading and official listing of up to 159,360,728 A ordinary shares (in the form of share entitlements) in the share capital of Topco (the "Topco Shares") on the regulated market Nasdaq Copenhagen A/S ("Nasdaq Copenhagen") (the "Admission"). The Listing Prospectus and further information on the Exchange Offer are, subject to regulatory restrictions in certain jurisdictions, available for download via Topco's website www.noblecorp.com.
Further, an application has been made for the Topco Shares (in the form of share entitlements) to be admitted to trading and official listing on the regulated market Nasdaq Copenhagen under the symbol "NOBLE". The Admission is expected to occur under the permanent ISIN code GB00BMXNWH07, and the first day of trading is expected to be 3 October 2022 subject to, among other things, completion of the Exchange Offer and Nasdaq Copenhagen's unconditional approval of the Admission. In addition, Topco has also taken steps for all Topco Shares to be listed on the New York Stock Exchange (the "NYSE") under the symbol "NE". The listing on NYSE is expected to take place on or about 30 September 2022.
The offer period for the Exchange Offer expires on 8 September 2022 at 23:59 (CEST) (the "Offer Period"). The Offer Period may be extended in accordance with the terms and conditions in the Offer Document. In case the Offer Period is extended, Topco will publish a supplement to the Offer Document. The final result of the Exchange Offer will be published within three business days after the expiry of the Offer Period.
The full terms, conditions and essential elements of the Exchange Offer are contained within the offer document (the "Offer Document") and the exemption document (the "Exemption Document") which were approved by the Danish Financial Supervisory Authority on 8 August 2022 and published by Topco on the same day, and which are available for download via Topco's website www.noblecorp.com, subject to regulatory restrictions in certain jurisdictions.
This announcement has been prepared both in English and Danish. In the event of any discrepancies between the English and Danish version, the Danish version shall prevail. Capitalised terms used in this announcement but not defined herein shall have the meaning ascribed to them in the Offer Document.
For further information:
For additional information, visit www.noblecorp.com or email investors@noblecorp.com.
About Topco
Topco is a public limited company formed under the laws of England and Wales and is an indirect, wholly owned subsidiary of Noble. To date, Topco does not own any material business assets or operate any business. Upon consummation of the business combination with Maersk Drilling, Topco will be listed on the New York Stock Exchange and Nasdaq Copenhagen A/S, and Topco will own the businesses of Noble, Maersk Drilling and their respective subsidiaries. For additional information on Topco, visit www.noblecorp.com.
About Noble
Noble (NYSE: NE) is a leading offshore drilling contractor for the oil and gas industry. Noble owns and operates one of the most modern, versatile, and technically advanced fleets in the offshore drilling industry. Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921. Currently, Noble performs, through its subsidiaries, contract drilling services focused largely on ultra-deepwater and high-specification jackup drilling opportunities in both established and emerging regions worldwide. Additional information on Noble is available at www.noblecorp.com.
About Maersk Drilling
With 50 years of experience operating in the most challenging offshore environments, Maersk Drilling (CSE:DRLCO) provides responsible drilling services to energy companies worldwide. Headquartered in Denmark, Maersk Drilling owns and operates a fleet of offshore drilling rigs and specialises in harsh environment and deepwater operations. For more information about Maersk Drilling, visit www.maerskdrilling.com.
Additional Information and Where to Find It
In connection with the proposed business combination, Topco has filed a registration statement on Form S-4 (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") that includes (i) a proxy statement of Noble that also constitutes a prospectus (the "Prospectus") for Topco and (ii) an offering prospectus of Topco to be used in connection with Topco's offer to exchange shares in Maersk Drilling for Topco Shares. The Registration Statement, as amended, was declared effective by the SEC on 11 April 2022. In addition, on 8 August 2022, the Danish Financial Supervisory Authority approved the publication of the Exemption Document and the Offer Document in connection with the Exchange Offer. Topco published the Exemption Document and the Offer Document on 8 August 2022.
INVESTORS AND SHAREHOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT/PROSPECTUS, THE EXEMPTION DOCUMENT AND THE OFFER DOCUMENT RELATING TO THE PROPOSED BUSINESS COMBINATION IN THEIR ENTIRETY, AS WELL AS ANY OTHER DOCUMENTS THAT HAVE BEEN OR WILL BE FILED BY EACH OF TOPCO, MAERSK DRILLING, AND NOBLE WITH THE SEC OR THE DANISH FINANCIAL SUPERVISORY AUTHORITY OR PUBLISHED ON TOPCO'S WEBSITE AT WWW.NOBLECORP.COM IN CONNECTION WITH THE BUSINESS COMBINATION OR INCORPORATED BY REFERENCE THEREIN BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TOPCO, MAERSK DRILLING AND NOBLE, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS.
Investors and shareholders can obtain free copies of the proxy statement/prospectus and all other documents filed with the SEC by Topco and Noble through the website maintained by the SEC at www.sec.gov. In addition, investors and shareholders are able to obtain free copies of the proxy statement/prospectus and other documents related thereto on Maersk Drilling's website at www.maerskdrilling.com or Noble's website at www.noblecorp.com, or by written request to Noble at Noble Corporation, Attn: Richard B. Barker, 13135 Dairy Ashford, Suite 800, Sugar Land, Texas 77478.
Important Notice
This announcement is for information purposes only and does not constitute or contain any invitation, solicitation, recommendation, offer or advice to any person to subscribe for or otherwise acquire or dispose of any securities of Noble, Maersk Drilling or Topco. Final terms and further provisions regarding the Exchange Offer are disclosed in the Offer Document, the Exemption Document and in documents filed or that will be filed with the SEC.
Unless required by mandatory law, no action has been or will be taken in any jurisdiction other than Denmark and the United States that would permit a public offering of shares in Topco, the Topco Offer Shares, the Acceptance Shares or Cash Acceptance Shares, or permit possession or distribution of the Offer Document and/or the Exemption Document or any advertising material relating to the shares in Topco, the Topco Offer Shares the Acceptance Shares or Cash Acceptance Shares, except as described in the Offer Document or the Exemption Document.
NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY U.S. STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE SECURITIES TO BE ISSUED IN CONNECTION WITH THE BUSINESS COMBINATION BETWEEN NOBLE AND MAERSK DRILLING OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE EXEMPTION DOCUMENT, THE OFFER DOCUMENT OR ANY OTHER DOCUMENTS REGARDING THE EXCHANGE OFFER. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE UNDER U.S. LAW.
In any member state of the European Economic Area other than Denmark (each a "Relevant State"), this announcement, including any attachments hereto, is only addressed to, and is only directed at Maersk Drilling Shareholders in that Relevant State that fulfil the criteria for exemption from the obligation to publish a prospectus, including qualified investors, within the meaning of the Prospectus Regulation.
This announcement, including any attachments hereto, has been prepared on the basis that all offers of Topco Offer Shares, Acceptance Shares and Cash Acceptance Shares offered in the Exchange Offer, other than the offer contemplated in Denmark, will be made pursuant to an exemption under the Prospectus Regulation from the requirement to produce a prospectus for offers of Topco Offer Shares, Acceptance Shares and Cash Acceptance Shares. Accordingly, any person making or intending to make any offer within a Relevant State of Topco Offer Shares, Acceptance Shares or Cash Acceptance may only do so in circumstances in which no obligation arises for Topco to produce a prospectus for such offer. Topco has not authorised, and Topco will not authorise, the making of any offer of Topco Offer Shares, Acceptance Shares or Cash Acceptance Shares through any financial intermediary, other than offers made by Topco which constitute the final offer of Topco Offer Shares, Acceptance Shares and Cash Acceptance Shares as contemplated through the Exchange Offer.
The Topco Offer Shares, the Acceptance Shares and the Cash Acceptance Shares offered in the Exchange Offer have not been, and will not be, offered to the public in any Relevant State. Notwithstanding the foregoing, an offering of the Topco Offer Shares, the Acceptance Shares and the Cash Acceptance Shares offered in the Exchange Offer may be made in a Relevant State: (i) to any qualified investor as defined in the Prospectus Regulation; (ii) to fewer than 150 natural or legal persons per Relevant State (other than qualified investors as defined in the Prospectus Regulation); (iii) to investors who acquire Topco Offer Shares, Acceptance Shares and Cash Acceptance Shares for a total consideration of at least EUR 100,000 per investor, for each separate offer; and (iv) in any other circumstances falling within Article 1(4) of the Prospectus Regulation, subject to obtaining the prior consent of Topco and provided that no such offer of Topco Offer Shares, Acceptance Shares or Cash Acceptance Shares shall result in a requirement for the publication by Topco of a prospectus pursuant to Article 3 of the Prospectus Regulation or a supplementary prospectus pursuant to Article 23 of the Prospectus Regulation.
For the purposes of the foregoing paragraph, the expression an "offer to the public" in relation to any Topco Offer Shares, Acceptance Shares or Cash Acceptance Shares in any Relevant State means the communication in any form and by any means of sufficient information on the terms of the Exchange Offer as to enable an investor to decide to participate in the Exchange Offer.
In the United Kingdom, this announcement, including any attachments hereto, is only addressed to and directed at persons who are (a) both "qualified investors" (within the meaning of the UK version of the Prospectus Regulation as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, and either (i) persons who have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "FSMA Order"); or (ii) persons who are high net worth entities falling within Article 49(2)(a) to (d) of the FSMA Order; and/or (b) persons to whom it may otherwise lawfully be communicated to, including under the FSMA Order (all such persons (a) and (b) together being referred to as "U.K. Relevant Persons"). Any investment activity to which this announcement, including any attachments hereto, is only available to U.K. Relevant Persons. Any person who is not a U.K. Relevant Person should not act on or rely on this announcement, including any attachments hereto, or any of its contents.
The Exchange Offer and this announcement, including any attachments hereto, are subject to the laws of Denmark. The Exchange Offer relates to the securities of a Danish company and is subject to the disclosure requirements applicable under Danish law, which may be different in material aspects from those applicable in the United States, the United Kingdom or any other applicable jurisdiction.
The Exchange Offer is being made in the U.S. pursuant to Section 14(e) of, and Regulation 14E promulgated under, the U.S. Securities and Exchange Act of 1934, as amended (the "Exchange Act"), subject to the exemptions provided by Rule 14d-1(c) under the Exchange Act and otherwise in accordance with the requirements of Danish law. The Exchange Offer is not subject to Section 14(d)(1) of, or Regulation 14D promulgated under, the Exchange Act. Maersk Drilling is not currently subject to the periodic reporting requirements under the Exchange Act and is not required to, and does not, file any reports with the SEC thereunder.
The Exchange Offer is made to Maersk Drilling Shareholders who are residing in the United States, or who are U.K. Relevant Persons residing in the United Kingdom, on the same terms and conditions as those made to all other Maersk Drilling Shareholders to whom the Exchange Offer is made. Any information documents are being disseminated to Maersk Drilling Shareholders who are resident in the United States, or who are U.K. Relevant Persons residing in the United Kingdom, on a basis reasonably comparable to the method that such documents are provided to the other Maersk Drilling Shareholders.
In addition, the procedures for the tender of Maersk Drilling Shares and settlement of the consideration due to each Maersk Drilling Shareholder who accepts the Exchange Offer will be carried out in accordance with the rules applicable in Denmark, which may differ in material aspects from the rules and procedures applicable to a tender offer for the securities of a domestic company in the United States or the United Kingdom, in particular with respect to withdrawal rights, offer timetable, settlement procedures and the payment date of the securities.
This announcement, including any attachments hereto, does not comprise a prospectus for the purposes of the U.K. Prospectus Regulation and has not been approved by or filed with the Financial Conduct Authority in the United Kingdom.
If Topco obtains the requisite number of Maersk Drilling Shares, each Maersk Drilling Shareholder residing in the United Kingdom who is not a U.K. Relevant Person may have their Maersk Drilling Shares compulsorily purchased under the compulsory purchase provisions of the Danish Companies Act.
The Exchange Offer is not being made, and the Maersk Drilling Shares will not be accepted for purchase from or on behalf of persons, in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities laws or other laws, rules or regulations of such jurisdiction or would require any registration, approval or filing with any regulatory authority not expressly contemplated by the Offer Document and/or the Exemption Document. Persons obtaining the Offer Document and/or the Exemption Document and/or into whose possession the Offer Document and/or the Exemption Document comes are required to take due note and observe all such restrictions and obtain any necessary authorisations, approvals or consents. Neither Topco nor any of its advisors accept any liability for any violation by any person of any such restriction. Any person (including, without limitation, custodians, nominees and trustees) who intends to forward the Offer Document and/or the Exemption Document or any related document to any jurisdiction outside Denmark should inform themselves of the laws of the relevant jurisdiction and should also carefully read the information contained in the Offer Document and the Exemption Document, before taking any action. The distribution of the Offer Document and/or the Exemption Document in jurisdictions other than Denmark may be restricted by law, and, therefore, persons who come into possession of the Offer Document and/or the Exemption Document should inform themselves about and observe such restrictions. Any failure to comply with any such restrictions may constitute a violation of the securities laws and regulations of any such jurisdiction.
Any failure to comply with these restrictions may constitute a violation of applicable securities laws. It is the responsibility of all persons obtaining the Offer Document, the Acceptance Form included as Appendix 1 in the Offer Document, the Exemption Document and/or other documents relating to the Offer Document and/or the Exemption Document or to the Exchange Offer or into whose possession such documents otherwise come, to inform themselves of and observe all such restrictions. Any recipient of the Offer Document and/or the Exemption Document who is in any doubt in relation to these restrictions should consult its, his or her professional advisors in the relevant jurisdiction. Neither Topco nor the financial advisors to Noble accept or assume any responsibility or liability for any violation by any person whomsoever of any such restriction.
In accordance with customary Danish practice and subject to the requirements of Danish law, rules and regulations, Topco or any entity acting in concert with Topco and any of their respective nominees or brokers (acting as agents or in a similar capacity), may from time to time make certain purchases of, or arrangements to purchase, Maersk Drilling Shares or securities that are convertible into, exchangeable for or exercisable for Maersk Drilling Shares outside the Exchange Offer, before or during the period in which the Exchange Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices, in each case to the extent permissible under law (include Rule 14e-5 under the Exchange Act). Any information about such purchases will be announced through Nasdaq Copenhagen A/S and relevant electronic media if, and to the extent, such announcement is required under applicable Danish law, rules or regulations. In addition, in the ordinary course of business, the financial advisors to Topco, Noble, any entity acting in concert with Topco, or Danske Bank A/S as the settlement agent, and their respective affiliates, may make or hold a broad array of investments including serving as counterparties to certain derivative and hedging arrangements and actively trade debt and equity financial instruments (or related derivative financial instruments) and other types of financial instruments (including bank loans) for their own account and for the accounts of their customers, and such investment and financial instrument activities may involve securities and/or instruments of Maersk Drilling.
CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS
Certain statements in this announcement, including any attachments hereto, may constitute forward-looking statements.
Forward-looking statements are statements (other than statements of historical fact) relating to future events and Noble and its subsidiaries (collectively, the "Noble Group"), Maersk Drilling and its subsidiaries (the "Maersk Drilling Group") and the combined Noble Group and Maersk Drilling Group following completion of the transactions contemplated by the Business Combination Agreement entered into by and between Noble and Maersk Drilling to combine (the "Combined Group") anticipated or planned financial and operational performance. The words "targets", "believes", "continues", "expects", "aims", "intends", "plans", "seeks", "will", "may", "might", "anticipates", "would", "could", "should", "estimates", "projects", "potentially" or similar expressions or the negatives thereof, identify certain of these forward-looking statements. The absence of these words, however, does not mean that the statements are not forward-looking. Other forward-looking statements can be identified in the context in which the statements are made.
Although Topco believes that the expectations reflected in these forward-looking statements are reasonable as of the date of this announcement, such forward-looking statements are based on Topco's current expectations, estimates, forecasts, assumptions and projections about the Noble Group's, the Maersk Drilling Group's and the Combined Group's business and the industry in which the Noble Group and the Maersk Drilling Group operate as well as on information which Topco has received from the Maersk Drilling Group (including with respect to forecasts prepared by Noble's management with respect to expected future financial and operating performance of Maersk Drilling) and/or which has been extracted from publications, reports and other documents prepared by the Maersk Drilling Group and/or the Noble Group and are not guarantees of future performance or development and involve known and unknown risks, uncertainties and other important factors beyond the Noble Group's, the Maersk Drilling Group's or the Combined Group's control that could cause the Noble Group's, the Maersk Drilling Group's and/or the Combined Group's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements.
Should one or more of these risks or uncertainties materialise, or should any underlying assumptions prove to be incorrect, the Noble Group's, the Maersk Drilling Group's and/or the Combined Group's actual financial condition, cash flow or results of operations could differ materially from what is described in the Exemption Document and the Offer Document, including any attachment thereto, as anticipated, believed, estimated or expected. Topco urges the Maersk Drilling Shareholders to read the Offer Document and the Exemption Document in their entirety for a more complete discussion of the factors that could affect the Combined Group's future performance and the market in which it operates.
Any forward-looking statements included in this announcement, including any attachment hereto, speak only as of today.
Topco does not intend, and does not assume, any obligations to update any forward-looking statements contained herein, except as may be required by law or the rules of the New York Stock Exchange or Nasdaq Copenhagen. All subsequent written and oral forward-looking statements attributable to Topco or to persons acting on its behalf are expressly qualified in their entirety by the cautionary statements referred to above and contained in this announcement, including any attachment hereto.
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SOURCE Noble Corporation plc | https://www.mysuncoast.com/prnewswire/2022/09/08/noble-corporation-plc-publishes-listing-prospectus-admission-trading-official-listing-nasdaq-copenhagen/ | 2022-09-08T13:52:11Z |
Kathy Boudin, 1960s radical imprisoned for fatal robbery, dies at 78
By Alisha Ebrahimji, CNN
Kathy Boudin, a 1960s radical who was a member of the militant leftist group Weather Underground and who was imprisoned for her involvement in a fatal robbery, has died at the age of 78, according to her son, Chesa Boudin, San Francisco’s District Attorney.
Boudin died on Sunday with Chesa and her life partner, David Gilbert, by her side, according to a statement from Columbia University’s Center for Justice, which she co-founded. She had been battling cancer for many years.
In 1981, Boudin and Gilbert participated in the robbery of an armored Brinks truck in Nyack, New York, because they were trying to raise money for Black revolutionary organizations, the statement said.
Boudin said she merely served as a decoy and never had a gun, pleaded guilty to a single felony charge and was sentenced to 20 years to life. She was released in 2003 after serving 22 years.
“My mom fought cancer for seven years in her unshakably optimistic and courageous way,” her son said. “She always ended phone calls with a laugh, a habit acquired during the 22 years of her incarceration, when she wanted to leave every person she spoke with, especially me, with joy and hope.”
A 1965 graduate of Bryn Mawr College, Boudin was radicalized by the growing anti-war and racial justice movements of the 1960s, the statement said, and began her lifelong work as an activist, organizer, teacher, and champion of social justice.
Boudin was the first woman to earn a master’s degree while incarcerated in a New York state prison, the Center for Justice said. Following her release, she earned a doctorate from Columbia University Teachers College in 2007 and taught at the Columbia School of Social Work.
“In prison, Kathy underwent a profound transformation, grappling with her crime and its consequences,” the statement said. “She became a leading advocate for women in prison, fighting for the reunification of imprisoned women and their children, bringing college courses back to Bedford Hills after the termination of Pell grants, and building a community response to the HIV/AIDS epidemic, saving countless lives.”
Boudin’s “outward-facing initiatives became a path to seeking restorative justice for many, and eventually led to parole and release from prison.”
Her release, however, was not without controversy. As CNN reported at the time, police groups protested her parole and attempted to block her release.
Her childhood was spent in New York’s Greenwich Village with her father, the renowned civil liberties lawyer Leonard Boudin; mother, poet Jean Boudin; and brother, Michael Boudin, who is a retired federal appellate judge, the statement said. The family home was a gathering spot for political activists, intellectuals, and artists.
An avid reader and lover of music, she was a beloved aunt and adopted grandmother for dozens of young people, the statement said.
She leaves behind her brother Michael; her partner, David, their son Chesa, daughter-in-law Valerie Block and grandson Aiden Block Boudin. She is also survived by Chesa’s two adoptive brothers, Zayd and Malik Dohrn. After her incarceration, her son, who was then 14 months old, was adopted by fellow activists Bernadine Dohrn and Bill Ayers. From prison, Boudin raised her son in partnership with Ayers and Dohrn.
“She was a model for other generations who were inspired by her thoughtful introspection, kindness, and fierce determination to make the world a better place,” the statement said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Melissa Alonso and Michelle Watson contributed to this report. | https://localnews8.com/news/national-world/cnn-national/2022/05/02/kathy-boudin-1960s-radical-imprisoned-for-fatal-robbery-dies-at-78/ | 2022-05-02T20:48:19Z |
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- Attention Wells Fargo & Company ("Wells Fargo") (NYSE: WFC) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022.
If you suffered a loss on your investment in Wells Fargo, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Wells Fargo includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (ii) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (iii) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (iv) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: August 29, 2022
Aggrieved Wells Fargo investors only have until August 29, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/08/08/class-action-alert-law-offices-vincent-wong-remind-wells-fargo-investors-lead-plaintiff-deadline-august-29-2022/ | 2022-08-08T10:40:00Z |
TPS Superintendent Dr. Tiffany Anderson is adding another degree to her portfolio
TOPEKA, Kan. (WIBW) - Topeka Public Schools Superintendent Dr. Tiffany Anderson is adding yet another degree to her portfolio on Saturday.
USD 501′s Dr. Tiffany Anderson is suiting up to earn a new degree.
“More importantly than that education is a ministry,” said Dr. Anderson.
Dr. Tiffany Anderson is continuing the family tradition by earning a Master’s Degree in Divinity.
“I knew early on in leadership that the calling is really to serve Christ through public education by serving the most vulnerable,” said Dr. Anderson.
For the last two years, Dr. Anderson has been studying to earn a Master’s in Divinity from Nazarene Theological Seminary in Kansas City.
“I have been going to class in the evenings, on the weekends. For the most part, every Saturday and Sunday, it’s spent really focused on the work in divinity for the last two years, and studying in getting the privilege to learn alongside some amazing pastors is at Nazarene Theological Seminary,” Dr. Anderson explained.
Dr. Anderson says her family legacy continues with her. both of her parents are retired pastors, “so it’s a natural fit.”
“I feel privileged to have the opportunity to lead out approximately 40,000 people. When you think about 13,000 students, each student has two parents, the community members, and the 2500 teachers,” she added. “In an order to do it well, I have to know how best god wants me to leave and serve.”
The inspiration also comes from her late husband, Dr. Stanley Anderson. She says their 24-year marriage was focused to serve others.
“I started seminary following the passing of my spouse. While he was an OB/GYN and a robotic surgeon and the most amazing man I know,” she explained. “He also was quite a bible scholar. So we would study the bible together on the weekends and that’s what we did. In many ways my husband, Dr. Stanley Anderson will be there with me in spirit. It just means a tremendous amount.”
Dr. Anderson says this degree allows her to meet the needs of the community, “food and clothes and housing, education, advocating for justice, that’s who we are in education, but it’s why I do what I do,” she said.
“I’m doing ministry every day it’s just the graduate degree is another backing behind that. Through God all things are possible for some people,” Dr. Anderson added. “So when people say how did you juggle that? that has nothing to do with me. It’s what I’m meant to do and it’s focused on Christ and because God has a purpose for me to do it.”
Dr. Anderson is completing her ordination process through the Methodist Church of the Resurrection.
There are 72 pastors graduating with their degrees from Nazarene Theological Seminary Saturday.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/26/tps-superintendent-dr-tiffany-anderson-is-adding-another-degree-her-portfolio/ | 2022-04-27T00:57:16Z |
New Services Accelerate time to AI productivity
MCLEAN, Va., Aug. 22, 2022 /PRNewswire/ -- Dihuni, a leading Artificial Intelligence (AI), Data Center and Internet of Things (IoT) solutions company, today announced two new services to address AI talent shortage and high costs associated with AI application development.
Staff Augmentation
Dihuni's staff augmentation delivery model is flexible and designed to bring you best in class resources for your Artificial Intelligence (AI), Machine Learning (ML) and Deep Learning (DL) applications. We know adding full-time direct employees in AI is time-consuming, expensive and with shortages in the industry, positions can remain unfilled for a long time. Dihuni maintains a pool of AI/ML/DL professionals ready to be deployed to your project. Some examples where Dihuni can fill talent gaps:
- Programming Languages & AI Frameworks – Python, Keras, TensorFlow, CUDA etc
- ML Ops – to help with deployment and ongoing updates of Machine Learning models
- Applications – Computer Vision, Natural Language Processing (NLP), Deep Learning etc
- AI Product and Project Management – experienced professionals with Agile Software Development expertise
Dihuni's staff augmentation model allows quick access to high-quality AI/ML/DL talent both onshore and offshore without the need to add such resources to payroll. Engineers are regularly trained on the latest generation of AI software applications and tools. Customers are in control – software resources can be managed just an extension of your team working with your processes and tools.
To learn more visit https://www.dihuni.com/artificial-intelligence-ai-high-performance-computing-hpc-solutions/ai-ml-staff-augmentation-services/
AI Application Development & Managed Services
For customers who prefer to outsource their AI application development, Dihuni is announcing new AI Application Development and Managed Services so customers can focus on their core business. If you have an idea, we can build an application for you. From AI platform to complex applications in Computer Vision, Deep Learning, Speech Recognition, NLP and other types of AI for commercial, industrial, smart buildings, smart cities and security applications we can develop and deliver a finished product offering to you. Whether you're requiring recommendation based shopping or predictive maintenance or healthcare AI applications, we will provide end-end services from Minimum Viable Product (MVP) development to production deployment and maintenance.
To learn more visit: https://www.dihuni.com/artificial-intelligence-ai-high-performance-computing-hpc-solutions/ai-ml-deep-learning-application-development-and-managed-services/
"Dihuni's mission is to simplify digital transformation and AI is a huge part of it. Our new AI services are great additions to an already robust portfolio of hardware and software products." said Pranay Prakash, Chief Executive Officer at Dihuni. "AI programmers and data scientists are scarce but critical resources in developing and implementing AI applications in today's world. Our mission is to accelerate the time it takes from hiring to onboarding to productivity. With our talent pool of technical, marketing and project management resources, we are helping customer realize their AI ambitions faster."
To learn about our complete portfolio of AI & HPC Solutions including Dihuni OptiReady CognitX Deep Learning GPU servers and workstation products, please visit:
Dihuni is a leading provider of Digital Transformation solutions including Deep Learning and Artificial Intelligence (AI), Data Centers and Internet of Things (IoT). With its e-commerce platform, OptiReady products, software development, staff augmentation, solutions design and delivery expertise and access to over 500,000 products from hundreds of partners, Dihuni helps customers achieve their desired digital outcomes by ensuring they have the right hardware, software and services to make that happen. Visit Dihuni at https://www.dihuni.com
Media Contact : digital@dihuni.com or 703-570-7300
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SOURCE Dihuni | https://www.kxii.com/prnewswire/2022/08/22/dihuni-addresses-ai-talent-shortage-through-new-software-staff-augmentation-managed-application-services/ | 2022-08-22T16:22:26Z |
Mother charged after children found unrestrained in car speeding at 91 mph
VOLUSIA COUNTY, Fla. (Gray News) – A mother in Florida was arrested for speeding at 91 miles per hour while her two young children were unrestrained in the car.
Two deputies stopped the vehicle, which was speeding at 91 miles per hour in a 50 miles per hour zone, in Volusia County, Florida, late Tuesday night.
The two children, ages 2 and 3, were asleep without car seats in the front and back passenger seats, the sheriff’s office said in a Facebook post.
The driver said she was driving from Leesburg to Daytona Beach and that she had left car seats for her kids in a different vehicle at home because she didn’t want to strap them in while they were asleep, according to the deputies.
The deputies said they told the woman that she and both of her children likely would have died if she had crashed at the speed she was driving. She reportedly said she didn’t plan on crashing.
While deputies were talking with the woman, another adult arrived with car seats to take the toddlers home.
Police charged the woman with child neglect and possession of a Schedule IV substance for Tramadol.
She was taken to the Volusia County Branch Jail on a $5,000 bond.
The deputies also issued her citations for speeding, careless driving and three seatbelt violations.
Children under the age of five are required to be fastened in a child seat in the state of Florida.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/28/mother-charged-after-children-found-unrestrained-car-speeding-91-mph/ | 2022-04-30T03:21:20Z |
PASADENA, Calif., June 8, 2022 /PRNewswire/ -- JRW Realty, a nationwide commercial brokerage focused on vetting and sourcing net-leased properties for its institutional buyers, announced it has facilitated the closing of a 142,627-square-foot Schnucks grocery store priced at $16,133,800 in the Rockford, Ill., suburb of Loves Park.
The sourcing and closing on behalf of JRW Realty's client was facilitated by real estate advisor Carol Vena under the guidance of Melinda Marston, JRW Realty's president of single-tenant net lease. Newmark Knight Frank represented the seller.
Marston said the property fit the requirements of the firm's institutional buyers, who are actively looking to expand their portfolios with net-leased properties occupied by necessity-based tenants with BBB- or higher investment-grade credit or private tenants with equivalent financial strength.
"We are glad to have been able to source and facilitate the closing of this property on behalf of our client," Marston said. "Our clients are able to close quickly when we bring them grocery-anchored shopping centers and single-tenant net-leased properties backed by necessity-based creditworthy tenants."
Marston said JRW Realty's streamlined processes allow for rapid and effective completion of net lease transactions.
"As the economic environment changes, it is important to find partners dedicated to sourcing the right deals," Marston said. "We are always on the lookout for properties that meet our buyers' criteria. Due to our buyers having a strong balance sheet and ample liquidity, they are able to swiftly deploy their capital and close in as little as 28 days from contract."
JRW Realty is a commercial real estate brokerage firm that has closed on more than 900 properties valued at more than $3.6 billion on behalf of its clients. JRW Realty's team places special focus on due diligence, reviewing over 100 properties each week and only choosing to source for clients the best 3-4 percent according to their rigorous acquisition criteria. For more information, visit www.jrwrealty.com.
Single-Tenant Net Lease Acquisitions Contacts
Melinda Marston, President - STNL
CA DRE #01950977
melinda@jrwrealty.com
(626) 696-2910
Carol Vena, Real Estate Advisor
CA DRE #02164430
carol@jrwrealty.com
(626) 720-1669
Multi-Tenant Retail Acquisitions Contact
Joel Staffilino, President - Multi-Tenant Retail
jstaffilino@jrwrealty.com
(513) 227-4502
Media Inquiries
press@jrwrealty.com
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SOURCE JRW Realty | https://www.wibw.com/prnewswire/2022/06/08/jrw-realty-closes-16-million-transaction-schnucks-loves-park-illinois/ | 2022-06-08T17:43:01Z |
Attorneys for Amber Heard have rested their case in the defamation trial between the actress and her ex-husband, Johnny Depp.
Depp has sued Heard for $50 million over a 2018 op-ed for the Washington Post in which she called herself a domestic abuse survivor. Though Depp was not named in the piece, he claims it caused him to lose tens of millions in earnings. Heard countersued for $100 million over statements made by Depp's lawyer, who described Heard's claims of abuse as a "hoax" in news reports.
Heard testified over the course of five days this month. Witnesses for her side have included actress Ellen Barkin, whose recorded testimony was played for jurors last week. Barkin stated that while in a sexual relationship with Depp in the 1990s, she once saw the actor throw a wine bottle at a wall during an altercation.
Depp's attorney presented a motion to strike Heard's counterclaims against Depp on Tuesday.
His team is expected to then begin presenting rebuttal witnesses. Kate Moss, Depp's former girlfriend, may be called to testify on Wednesday.
Closing arguments in the trial, which began in April, are expected on Friday.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/amber-heards-attorneys-rest-their-case-in-defamation-trial/article_94bed367-d846-5ba3-a37c-a132158cbc24.html | 2022-05-24T15:40:25Z |
Pro-Focused Feature Updates Include ReelSteady Stabilization, Lens Correction, and Batch Export
$99.99 One-Time Purchase Includes Access to Premium Features in GoPro Player + ReelSteady, including Emmy® Award-Winning ReelSteady Stabilization and Lens Correction
SAN MATEO, Calif., April 11, 2022 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today announced the new GoPro Player + ReelSteady application – a powerful, yet easy-to-use desktop app with professional-level stabilization and 360 content tools for creators – all in one post-production package.
GoPro Player + ReelSteady brings the power of ReelSteady's Emmy® Award-winning stabilization to GoPro Player's capable arsenal of 360-focused tools. Traditional and 360 video creators can expect a seamless transformation of their content – whether applying ReelSteady stabilization to inherently shaky FPV video or quickly reframing and exporting 360 MAX footage to share on social media.
"GoPro Player + ReelSteady delivers the tools some of our most creative customers – like FPV and 360 enthusiasts – need to quickly and seamlessly do what they do best…create mind-melting content," said GoPro founder and CEO, Nicholas Woodman. "GoPro is committed to developing a robust desktop product experience, and bringing the power of ReelSteady advanced video stabilization to the GoPro Player desktop app is a natural next-step to super-serve our most passionate content creators."
GoPro Player + ReelSteady features include:
- New ReelSteady Stabilization Tool with Real Time Playback: Apply Emmy® Award-Winning stabilization to create the smoothest, silkiest footage ever with the ability to view the full-quality stabilized shot as soon as your video loads; ReelSteady is now compatible with most shooting modes, including HyperSmooth
- New Lens Correction: Remove wide-angle lens curvature using ReelSteady Stabilization to polish and perfect videos
- New Batch Export: Queue hundreds of files and save time and energy by letting batch export do the rest – now with the ability to save presets and apply different settings to each export
- Reframe: Transform 360 MAX content into cinematic videos and immersive photos with the click of a keyframe using the popular Reframe tool
- Player: Continue to view a wide variety of video and photo formats – including MAX content – right in the player, then export .mp4 files compatible with post-production software or share directly to social media
- Frame Grab: Capture stunning full-resolution photos from any 360 or traditional video, with the click of a button
- Trim: Trim with frame-by-frame accuracy to keep only the parts you want in your videos
A $99.99 one-time in-app purchase is required to unlock access to premium features including ReelSteady and Lens Correction. Current ReelSteady GO customers can use their existing activation key to redeem a free upgrade to the new GoPro Player + ReelSteady.
GoPro Player + ReelSteady is available today for Mac and Windows. Learn more about GoPro Player + ReelSteady on GoPro.com.
Celebrating its 20th anniversary in 2022, GoPro helps the world to capture and share itself in immersive and exciting ways.
For more information, visit GoPro.com. Open roles can be found on our careers page. Members of the press can access official logos and imagery on our press portal. GoPro customers can submit their photos and videos to GoPro Awards for an opportunity to be featured on GoPro's social channels and receive gear and cash awards. Connect with GoPro on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube, and GoPro's blog The Current.
GoPro, HERO and their respective logos are trademarks or registered trademarks of GoPro, Inc. in the United States and other countries.
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SOURCE GoPro, Inc. | https://www.wibw.com/prnewswire/2022/04/11/new-gopro-player-reelsteady-desktop-app-adds-professional-level-stabilization-suite-professional-creator-tools/ | 2022-04-11T14:05:42Z |
TOLEDO, Ohio (AP) — A federal judge has blocked the military from disciplining a dozen U.S. Air Force officers who are asking for religious exemptions to the mandatory COVID-19 vaccine.
The officers, mostly from Wright-Patterson Air Force Base near Dayton, Ohio, along with a handful of airmen and reservists, filed a lawsuit in February after their exemption requests were denied.
U.S. District Court Judge Matthew McFarland in Cincinnati granted a preliminary injunction last Thursday that stops the Air Force from acting against the officers, airmen and reservists until their lawsuit is resolved.
The plaintiffs accuse the Air Force of using a double standard when it comes to approving exemption requests, saying it had allowed thousands of medical and administrative exemptions but only a handful for religious reasons.
Last week, a federal judge in Texas barred the Navy from taking actionfor now against sailors who have objected to being vaccinated on religious grounds.
U.S. District Judge Reed O’Connor had, in January, issued a preliminary injunction preventing the Navy from disciplining or discharging 35 sailors who sued over the Navy’s vaccine policy while their case played out. A week ago, O’Connor agreed the case could go forward as a class action lawsuit and issued a preliminary injunction covering about 4,000 sailors who have objected on religious grounds to being vaccinated.
Defense Secretary Lloyd Austin last year made vaccinations mandatoryfor service members, saying the vaccine is critical to maintaining military readiness and the health of the force. But members of Congress, the military and the public have questioned if the exemption reviews have been fair.
Those who refuse the vaccine can face discipline up to being discharged from the service.
The officers who filed the lawsuit in Ohio said they had followed their chain of command and each had talked with an Air Force chaplain to determine the sincerity of their beliefs. | https://cw33.com/news/ap-top-headlines/judge-blocks-air-force-discipline-over-vaccine-objections/ | 2022-04-05T13:42:11Z |
Cincinnati Zoo narrows search down to 2 names for new baby hippo
Published: Aug. 11, 2022 at 9:57 AM CDT|Updated: 15 minutes ago
CINCINNATI (WXIX) - The Cincinnati Zoo has narrowed its search for a name for their new baby boy hippo from 90,000 suggestions to just two.
The two finalists are Fritz and Ferguson, WXIX reported.
There is still a chance for people to weigh in on their favorite before the zoo announces its final decision on Aug. 15.
Bibi gave birth to her calf on Aug. 3 at about 10 p.m.
The zoo said the baby’s famous sister, Fiona, and the zoo’s other hippo, Tucker, have been kept away from Bibi while she bonds with her new baby boy.
Mom and baby will stay behind the scenes for a while, but the zoo is sharing photos and videos on social media.
Copyright 2022 WXIX via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/08/11/cincinnati-zoo-narrows-search-down-2-names-new-baby-hippo/ | 2022-08-11T15:13:27Z |
NEW YORK, April 25, 2022 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock"), a value-oriented, operationally focused private equity firm, is pleased to announce the addition of Tony Palmer to its team of Operating Partners. Mr. Palmer will be responsible for driving post-acquisition value at One Rock's portfolio companies through strategic growth initiatives focused on manufacturing and distribution in the food and beverage industry. He joins One Rock Operating Partners Frank Orfanello and Dr. Kevin Lang who are also focused on leading operational and strategic improvements in One Rock's investments in the food and beverage industry.
Prior to joining One Rock, Mr. Palmer served as President of Global Brands and Innovation, as well as Chief Marketing Officer for Kimberly-Clark Corporation. Prior to Kimberly-Clark, Mr. Palmer held domestic and international roles at Kellogg Company, Fisher Scientific International, Inc., The Coca-Cola Company, CSR Refined Sugars and Mars, Inc. Mr. Palmer began his career at LEK Consulting.
"When One Rock partners with portfolio companies, our goal is to provide best-in-class resources in an effort to position the companies for ongoing growth and success," said One Rock Managing Partner Tony W. Lee. "Our Operating Partners play an integral role in executing this strategy, and Tony Palmer is an excellent addition to our growing Operating Partner team. We look forward to leveraging his valuable insight in the food and beverage industry for the benefit of our portfolio companies."
"The food and beverage industry is notoriously complex and requires a deep understanding of the growth and life cycle of brands," said Mr. Palmer. "One Rock has significant experience effectively investing in complicated situations in this sector, and I look forward to applying my insight and experience to drive results for One Rock's current and future companies in the food and beverage space."
Working alongside Operating Partners has been a key part of One Rock's strategy since its inception. Mr. Palmer joins a growing team, which now includes 22 Operating Partners at One Rock.
ABOUT ONE ROCK CAPITAL PARTNERS, LLC
One Rock makes controlling investments in companies with potential for growth and operational improvement using a rigorous approach that utilizes highly experienced Operating Partners to identify, acquire and enhance businesses in select industries. The involvement of these Operating Partners affords One Rock the ability to conduct due diligence and consummate acquisitions and investments in all types of situations, regardless of complexity. One Rock works collaboratively with company management and its Operating Partners to develop a comprehensive business plan focused on growing the enterprise and its profitability to enhance long-term value. For more information, visit www.onerockcapital.com.
MEDIA CONTACT
Hallie Erlich
Prosek Partners
pro-onerock@prosek.com
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SOURCE One Rock Capital Partners, LLC | https://www.mysuncoast.com/prnewswire/2022/04/25/one-rock-capital-partners-expands-operating-partner-team-with-addition-tony-palmer/ | 2022-04-25T13:34:11Z |
TE Connectivity announces third quarter results for fiscal year 2022
Published: Jul. 27, 2022 at 5:00 AM CDT|Updated: 1 hour ago
EPS growth and record sales above expectations, with growth across all segments
SCHAFFHAUSEN, Switzerland, July 27, 2022 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal third quarter ended June 24, 2022.
Third Quarter Highlights
Net sales were $4.1 billion, up 7% on a reported basis and 11% organically year over year, with strong growth across all segments.
Orders of $4.2 billion with a book to bill of 1.02 and backlog up more than 20% year over year, reflecting continued strong customer demand.
GAAP diluted earnings per share (EPS) from continuing operations were $1.83, up 5% year over year, and adjusted EPS were $1.86, up 4% year over year.
Cash flow from operating activities was $579 million, with approximately $500 million returned to shareholders.
Issued Connecting Our World Report, which highlights 30% reduction in absolute GHG emissions in fiscal year 2021 and other ESG achievements.
"I am pleased with our record third quarter performance and the strong execution by our global teams to once again deliver sales and EPS growth above expectations in what continues to be a dynamic macro environment," said TE Connectivity CEO Terrence Curtin. "We saw broad growth across all segments, with every one of our businesses growing organically, demonstrating the strength and strategic positioning of our portfolio as we consistently expand our leadership in long-term growth and sustainability trends including electric vehicles, cloud computing, factory automation and renewable energy. We continue to outperform the market – both through content growth and share gains – as our customers seek out our technology and solutions to enable an increasingly connected and electrified world. Our orders remain strong, and I am confident in our ability to continue navigating broader macro challenges to effectively serve our customers and secure design wins that will drive future growth."
Fourth Quarter FY22 Outlook For the fourth quarter of fiscal 2022, the company expects net sales of approximately $4.2 billion, reflecting an approximate 10% increase on a reported basis and an approximate 15% increase on an organic basis year over year. GAAP EPS from continuing operations are expected to be approximately $1.79, down 25% year over year, with adjusted EPS of approximately $1.85, up 9% year over year. The outlook includes the impact of an extra week in the fourth quarter.
Information about TE Connectivity's use of non-GAAP financial measures is provided below. For reconciliations of these non-GAAP financial measures, see the attached tables.
Conference Call and Webcast The company will hold a conference call today beginning at 8:30 a.m. ET. The dial-in information is provided here:
By telephone: For both "listen-only" participants and those participants who wish to take part in the question-and-answer portion of the call, the dial-in number in the United States is (888) 330-3417 and for international callers, the dial-in number is (646) 960-0804
A replay of the conference call will be available on TE Connectivity's investor website at investors.te.com at 11:30 a.m. ET on July 27, 2022.
About TE Connectivity TE Connectivity Ltd. (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. With more than 85,000 employees, including over 8,000 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.
Non-GAAP Financial Measures We present non-GAAP performance and liquidity measures as we believe it is appropriate for investors to consider adjusted financial measures in addition to results in accordance with accounting principles generally accepted in the U.S. ("GAAP"). These non-GAAP financial measures provide supplemental information and should not be considered replacements for results in accordance with GAAP. Management uses non-GAAP financial measures internally for planning and forecasting purposes and in its decision-making processes related to the operations of our company. We believe these measures provide meaningful information to us and investors because they enhance the understanding of our operating performance, ability to generate cash, and the trends of our business. Additionally, we believe that investors benefit from having access to the same financial measures that management uses in evaluating our operations. The primary limitation of these measures is that they exclude the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using these non-GAAP financial measures in combination with the most directly comparable GAAP financial measures in order to better understand the amounts, character, and impact of any increase or decrease in reported amounts. These non-GAAP financial measures may not be comparable to similarly-titled measures reported by other companies.
The following provides additional information regarding our non-GAAP financial measures:
Organic Net Sales Growth (Decline) – represents net sales growth (decline) (the most comparable GAAP financial measure) excluding the impact of foreign currency exchange rates, and acquisitions and divestitures that occurred in the preceding twelve months, if any. Organic Net Sales Growth (Decline) is a useful measure of our performance because it excludes items that are not completely under management's control, such as the impact of changes in foreign currency exchange rates, and items that do not reflect the underlying growth of the company, such as acquisition and divestiture activity. This measure is a significant component in our incentive compensation plans.
Adjusted Operating Income and Adjusted Operating Margin – represent operating income and operating margin, respectively, (the most comparable GAAP financial measures) before special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, and other income or charges, if any. We utilize these adjusted measures in combination with operating income and operating margin to assess segment level operating performance and to provide insight to management in evaluating segment operating plan execution and market conditions. Adjusted Operating Income is a significant component in our incentive compensation plans.
Adjusted Other Income (Expense), Net – represents net other income (expense) (the most comparable GAAP financial measure) before special items including tax sharing income related to adjustments to prior period tax returns and other items, if any.
Adjusted Income Tax (Expense) Benefit and Adjusted Effective Tax Rate – represent income tax (expense) benefit and effective tax rate, respectively, (the most comparable GAAP financial measures) after adjusting for the tax effect of special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, other income or charges, and certain significant tax items, if any.
Adjusted Income from Continuing Operations – represents income from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, tax sharing income related to adjustments to prior period tax returns and other tax items, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects.
Adjusted Earnings Per Share – represents diluted earnings per share from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, tax sharing income related to adjustments to prior period tax returns and other tax items, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects. This measure is a significant component in our incentive compensation plans.
Free Cash Flow (FCF) – is a useful measure of our ability to generate cash. The difference between net cash provided by operating activities (the most comparable GAAP financial measure) and Free Cash Flow consists mainly of significant cash outflows and inflows that we believe are useful to identify. We believe Free Cash Flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitor and evaluate cash flows generated from our operations. Free Cash Flow is defined as net cash provided by operating activities excluding voluntary pension contributions and the cash impact of special items, if any, minus net capital expenditures. Voluntary pension contributions are excluded from the GAAP financial measure because this activity is driven by economic financing decisions rather than operating activity. Certain special items, including net payments related to pre-separation tax matters and cash paid (collected) pursuant to collateral requirements related to cross-currency swap contracts, are also excluded by management in evaluating Free Cash Flow. Net capital expenditures consist of capital expenditures less proceeds from the sale of property, plant, and equipment. These items are subtracted because they represent long-term commitments. In the calculation of Free Cash Flow, we subtract certain cash items that are ultimately within management's and the Board of Directors' discretion to direct and may imply that there is less or more cash available for our programs than the most comparable GAAP financial measure indicates. It should not be inferred that the entire Free Cash Flow amount is available for future discretionary expenditures, as our definition of Free Cash Flow does not consider certain non-discretionary expenditures, such as debt payments. In addition, we may have other discretionary expenditures, such as discretionary dividends, share repurchases, and business acquisitions, that are not considered in the calculation of Free Cash Flow.
Forward-Looking Statements This release contains certain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. The forward-looking statements in this release include statements addressing our future financial condition and operating results, and the impact on our operations resulting from the coronavirus disease 2019 ("COVID-19"). Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, the extent, severity and duration of COVID-19 negatively affecting our business operations; business, economic, competitive and regulatory risks, such as conditions affecting demand for products in the automotive and other industries we serve; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate, including continuing military conflict between Russia and Ukraine resulting from Russia's invasion of Ukraine or escalating tensions in surrounding countries; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; and the possible effects on us of changes in tax laws, tax treaties and other legislation, including the effects of Swiss tax reform. In addition, the extent to which COVID-19 will impact our business and our financial results will depend on future developments, which are highly uncertain and cannot be predicted. Such developments may include the geographic spread of the virus, the severity of the virus, the duration of the outbreak, the impact on our suppliers' and customers' supply chains, the actions that may be taken by various governmental authorities in response to the outbreak in jurisdictions in which we operate, and the possible impact on the global economy and local economies in which we operate. More detailed information about these and other factors is set forth in TE Connectivity Ltd.'s Annual Report on Form 10-K for the fiscal year ended Sept. 24, 2021 as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reports filed by us with the U.S. Securities and Exchange Commission.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/07/27/te-connectivity-announces-third-quarter-results-fiscal-year-2022/ | 2022-07-27T11:09:01Z |
Sarah Cossa and Diane Gallagher will serve as senior vice presidents and co-chief people officers
KANSAS CITY, Mo., July 20, 2022 /PRNewswire/ -- American Century Investments has promoted Sarah Cossa and Diane Gallagher to senior vice presidents and co-chief people officers of the firm. Working from American Century's New York City office, Cossa will serve as the HR representative on the Management Committee and lead talent acquisition, HR business partnerships, HR operations and analytics and compensation and benefits. Gallagher, based at the firm's global headquarters in Kansas City, Mo., will be a member of the Expanded Management Committee and lead employee experience and relations, learning and development and community engagement. Together, Cossa and Gallagher will lead the HR strategy as the firm attracts, retains and energizes its world-class talent and supports the development of strong workplace practices designed to further the global asset management firm's client-centric and impact-driven culture.
"Sarah and Diane are complementary leaders, independently respected and admired among our colleagues and throughout the industry. Together, their unique backgrounds and breadth and depth of professional experience make them the ideal partners to move our culture forward," said Jonathan Thomas, president and chief executive officer. "After our lengthy interview and selection process with members of our executive and investment leadership, Board of Director representatives, and our external search firm, we came to a resounding, unanimous decision to appoint Sarah and Diane."
Over the last several months, Cossa and Gallagher navigated the firm and its employees through several major milestones, including the reopening of the firm's facilities, the launch of its hybrid "connected workplace" model and the reimagination of the James E. Stowers Award and recognition event for employees.
Sarah Cossa, senior vice president and co-chief people officer
Cossa joined American Century Investments in 2021 as vice president, head of human resources business partnerships. Her 20 years of business and human resources experience in the financial services and investment management industries have included roles at Citigroup, Capital Group, Knight Capital Group and Allianz Global Investors.
Cossa earned her bachelor's in economics from Drew University and holds HR data and finance management certificates from Cornell University. She has held FINRA series 7, 9, 10, 63, 65 licenses and a NJ life insurance license.
Diane Gallagher, senior vice president and co-chief people officer
Gallagher originally joined American Century Investments in 1995, most recently serving as vice president, head of employee experience. Previously, she led product marketing and participant communications and education for J.P. Morgan Retirement Plan Services.
She holds a bachelor's in communication studies from University of Detroit Mercy, where she graduated magna cum laude. She is a Board member of the Greater Kansas City Chamber of Commerce, Children's Mercy Hospital and the Center for Practical Bioethics. She holds FINRA series 7, 63 and 24 licenses.
About American Century Investments
American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting breakthrough medical research. Founded in 1958, American Century Investments' 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in New York; London; Frankfurt; Hong Kong; Sydney; Santa Clara, Calif.; and Kansas City, Mo. Jonathan S. Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer. Delivering investment results to clients enables American Century Investments to distribute over 40% of its dividends to the Stowers Institute for Medical Research, a 500-person, nonprofit basic biomedical research organization. The Institute owns more than 40% of American Century Investments and has received dividend payments of $1.87 billion since 2000. For more information about American Century Investments, visit www.americancentury.com.
©2022 American Century Proprietary Holdings, Inc. All rights reserved
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SOURCE American Century Investments | https://www.kxii.com/prnewswire/2022/07/20/american-century-names-co-chief-people-officers/ | 2022-07-20T15:32:09Z |
Insignia and Amazon Fire TV comparison
Amazon isn’t in the business of creating super-premium TVs. Instead, it offers budget-friendly options that are easy to use for watching streaming services and media. As you might expect, its Fire TV lineup works especially well with Amazon services.
In that respect, you won’t find any Fire TVs that compete with high-end models from companies such as Samsung or Sony. It’s also worth noting that home theater enthusiasts probably won’t be satisfied with an Amazon TV. These TVs work best for people who are inexperienced with electronics or those who would rather not bother with a fancy, complicated TV.
What is the 24-Inch Insignia F20 Fire TV?
It’s one of the most affordable and straightforward smart TVs available today. It can accept Full HD signals even though it only produces 720p resolution. It’s not ideal for large rooms but it will work well in tighter spaces, like the kitchen.
Our experience with the 24-Inch Insignia F20
My initial impression was that the TV was very small and lightweight, making it easy for one person to handle and move around. Even though it wasn’t very heavy, the body, screen, input ports and remote all felt sturdy. It clearly isn’t a premium device, but it doesn’t feel shabby or insubstantial.
The unboxing and initial setup process for the Insignia Smart TV was extremely simple. After taking the TV out of the box and removing the protective film, all I had to do was screw the feet to the bottom with the included screws. Note that you will need your own Phillips head screwdriver to add the feet to the TV.
After turning it on, I had to sign into a Wi-Fi network and log into my Amazon account. Both these steps worked on the first try with no issues. Next, the TV downloaded the latest software update and restarted a couple of times. This whole process took six or seven minutes with fast internet, but it was all automatic.
From there, I had to sign into each app I wanted to use. It didn’t take me too much time, but it might take longer if you use various apps consistently. Either way, the interface and remote were both responsive, so it wasn’t difficult. I definitely got the impression that even smart TV beginners shouldn’t have any trouble setting things up.
Insignia F20 user experience
Overall, I found the user interface and remote to be clean and snappy. Sometimes apps took a while to load on the first try, but they loaded fairly quickly on following uses. I didn’t have much trouble navigating the menus, and the few times I did get lost, Alexa offered the help I needed.
I knew going in that voice controls can sometimes be finicky, but the Insignia Fire TV implements Alexa pretty well. It was intuitive for me because I’ve used Alexa quite a bit in the past. After holding down the button, hearing the tone and giving the command, it consistently led me to the right place. It didn’t even have any issues when I didn’t enunciate very well.
Insignia F20 image quality
While its resolution is only 720p, the picture looks clear and sharp on its 24 inches. Overall, the image quality was actually better than I expected. The color depth and contrast were both great, with vivid highlights and surprisingly deep blacks. It’s not on the level of a high-end TV, of course, but it looks great for the price.
Why we recommend the 24-Inch Insignia F20
This TV is a streamlined and affordable way to watch your favorite content without investing in a huge 4K TV. This also makes it a good choice for spaces other than your living room, such as a bedroom. One of the best things about it is the streamlined experience and compatibility with user-friendly services such as Prime Video and Amazon Luna.
What is the 50-Inch Amazon Omni Fire TV?
Formerly, Insignia manufactured all Fire TVs and had Insignia branding. The Omni lineup is the first set of TVs with Amazon’s name proudly stamped on the side. This might seem minor, but it does indicate that Amazon takes its new venture into TV hardware seriously.
Like its 24-inch relative, don’t expect it to blow you out of the water with its performance. It should, however, provide a good viewing experience for nearly any type of content.
Our experience with the 50-Inch Amazon Omni Fire TV
Setup was simple. All I had to do was connect my Amazon Prime account and follow some step-by-step instructions. Initial configuration can be intimidating for people without much tech experience, but Amazon has made this process as easy as possible.
50-Inch Amazon Omni Fire TV user experience
If you use a lot of third-party apps, you might find the experience a little cumbersome from time to time. By contrast, it’s a breeze to access Prime content (such as a Prime Video subscription) from the homepage. While the interface isn’t identical to the Insignia F20, the general experience is similar.
Once you’re set up, it may take some time to find and manage your favorite apps. Once you’ve downloaded and logged in, your most frequently used apps will stay pinned at the top of the navigation. Finding new apps and downloading apps to your Fire TV also takes some getting used to, but that’s pretty common with smart TVs.
Once again, Alexa comes through with guidance whenever you have trouble finding a feature or app. In fact, Alexa is one of the most convenient features of this model. It makes for remarkably straightforward voice control of nearly any aspect of the TV, including hard-to-find settings.
50-Inch Amazon Omni Fire TV image quality
The image quality is great for the price. It won’t win any awards and doesn’t support premium technologies such as HDR, but if you’re replacing an older TV, the Amazon Omni TV will look significantly better.
I did notice better performance for visually lighter content. Cinematic content, especially movies with dark color palettes, didn’t look particularly remarkable. The black levels weren’t incredibly deep, and the contrast level left a bit to be desired in dark scenes. Nonetheless, it looked at least as good as the other affordable TVs I’ve used.
Gaming on the Omni Fire TV was a mixed bag. Some games I tried looked fine, but fast-moving content like a first-person shooter game needs more responsive refresh rates. If you only play those kinds of action games occasionally, you probably won’t notice any issues.
Why we recommend the 50-Inch Amazon Omni Fire TV
If you haven’t upgraded your TV in a while and don’t want to learn a complex user interface, consider the Omni Fire TV. It’s a worthwhile, budget-friendly choice, but it’s not meant for image quality sticklers or demanding gamers.
Should you buy the Insignia F20 or Amazon Omni TV?
If you want a large-format, 4K TV for watching popular movies and TV shows, the Amazon Omni series is an impressive and affordable option. Alternatively, the Insignia F20 is perfect for when you need a compact HDTV, like in a bedroom, kitchen or RV.
Best Fire TV alternatives
There are several other reasonably priced TVs that should be on your list, too.
This TV offers shockingly good image quality for the price. It actually performs better than a few TVs that cost more.
Sold by Amazon
This lineup from industry leader LG stands apart from most due to its in-plane switching technology. IPS panels offer consistent colors from edge to edge, great motion handling and wide viewing angles. This makes them excellent for watching sports and other fast-paced action shows.
Sold by Amazon
When it comes to image quality, this TV sits right between the F20 and Omni series. It’s also one of the more affordable 4K TVs out there.
Sold by Amazon
This is a great entry-level TV. It might not wow you with a bunch of advanced technology, but Samsung is known for creating solid, affordable TVs that make movies look great.
Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/tv-video-br/smart-tv-comparison-which-fire-compatible-smart-tv-is-a-better-choice/ | 2022-06-14T07:02:30Z |
Cat on the lam: Pet caught after weeks on the run at airport
BOSTON (AP) — A family’s beloved pet cat that’s been dodging airport personnel, airline employees, and animal experts since escaping from a pet carrier at Boston’s Logan International Airport about three weeks ago was finally caught Wednesday.
“Whether out of fatigue or hunger we’ll never know, but this morning she finally let herself be caught,” an airport spokesperson said of the cat named Rowdy in a statement.
Rowdy was given a health check and will be returned to her family, who is in the process of moving to Florida.
“I’m kind of in disbelief,” said her owner, Patty Sahli. “I thought, ‘What are the odds we’re actually going to get her back?’ But I got a call this morning and I am just so shocked.”
Rowdy’s time on the lam began June 24, as Sahli and her husband, Rich, returned to the U.S. from 15 years in Germany with the Army. When their Lufthansa flight landed, the 4-year-old black cat with green eyes escaped her cage, in pursuit of some birds.
Soon Rowdy herself was on the receiving end of a chase, as her getaway set off a massive search involving airport and Lufthansa personnel, construction workers, and animal welfare advocates, as well as the use of wildlife cameras and safe-release traps.
Despite numerous sightings, Rowdy always eluded her pursuers — but now, a little calm has been restored.
“It was such a community effort,” said Sahli. “We’re just so grateful to everyone who helped look for her.”
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/14/cat-lam-pet-caught-after-weeks-run-airport/ | 2022-07-14T14:25:31Z |
One dies following car fire North of Topeka
TOPEKA, Kan. (WIBW) - One person is dead after a single-vehicle accident led to a car fire north of Topeka.
The Shawnee County Sheriff’s Office says on Sunday, Sept. 18, that an adult male has now died due to injuries sustained during an accident near the intersection of NW 46th St. and NW Landon Rd. on Saturday evening.
The Sheriff’s Office indicated that just before 5:45 p.m. on Saturday, the Emergency Communications Center was notified of a single-vehicle accident in the area. When officials arrived, they found a gray 2015 Ford Taurus had been headed west on NW 46th when it went off the road and caught fire.
According to officials, the driver of the Taurus was pronounced dead at the scene.
The Sheriff’s Office said the accident remains under investigation and the driver’s identity will be released at a later time.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/18/one-dies-following-car-fire-north-topeka/ | 2022-09-18T17:32:50Z |
PHILADELPHIA (AP) — Tylor Megill is doing his best Jacob deGrom impression.
Again pitching in place of the injured ace, Megill delivered his second straight scoreless start and led the New York Mets over the Philadelphia Phillies 2-0 on Tuesday night.
“Nobody expected him to pitch like Jake, and that’s exactly what he’s done,” said Brandon Nimmo, who homered.
Francisco Lindor had an RBI single for the Mets, who recovered from blowing a four-run lead in the eighth inning against Philadelphia on Monday night to snap a two-game skid.
Megill (2-0) got his spot in the rotation only when deGrom, a two-time NL Cy Young Award winner, was sidelined by a shoulder problem in spring training.
Megill gave up just three hits, walked none and struck out five in 5 1/3 innings.
“He’s had big shoes to fill with Jake going down and he’s doing it unbelievably – even more than I think any of us could’ve hoped for,” Nimmo said. “Been amazing to watch.”
After throwing five shutout innings to win on opening day at Washington, Megill outpitched Zack Wheeler (0-1).
“It’s a blast, just playing the game I love and going out and helping the team win,” Megill said.
The burly 26-year-old righty has allowed just six hits while striking out 11 without a walk in his two starts.
“Lots of confidence, for sure,” Megill said. “Obviously, all of my stuff is working really well right now. Just got to keep throwing pitch by pitch, filling up the strike zone and just keep getting ahead of hitters.”
Mets manager Buck Showalter lifted Megill in the sixth after Johan Camargo singled and went to second on Simon Muzziotti’s sacrifice bunt.
Reliever Chasen Shreve got Kyle Schwarber to ground out and fanned J.T. Realmuto to preserve a 1-0 lead.
Philadelphia threatened again in the seventh when Nick Castellanos doubled with one out, but Drew Smith struck out Rhys Hoskins and Didi Gregorius to the delight of the many Mets fans among the 26,045 in attendance at Citizens Bank Park.
“It’s a good win for us early in the season after last night,” Showalter said.
Shreve and Smith combined to give up one hit in 2 2/3 scoreless innings with four strikeouts.
Edwin Díaz struck out three in the ninth for his first save in the combined five-hitter. He fanned Hoskins with runners on first and second to end it.
Díaz, who was seventh in the majors with 32 saves last season, rejoined the Mets on Tuesday after missing three days while on the bereavement list.
SHAKY DEFENSE
The Phillies’ balky infield defense helped the Mets gain a two-run cushion in the eighth.
A night after Alec Bohm made three errors at third base and then apologized after TV cameras caught him utter an expletive, Camargo started there on Tuesday.
Camargo’s throw to second after fielding Starling Marte’s grounder in the eighth pulled second baseman Bryson Stott off the bag. Stott recovered to force out Nimmo but couldn’t make a throw to first to complete the double play. Marte stole second and scored on Lindor’s single.
Bohm got a standing ovation before grounding out as a pinch-hitter in the eighth.
“I think he handled it well,” Phillies manager Joe Girardi said of the apology. “That’s about as tough a night as you can have on the field and emotions got the best of him. What I’m proud of is he owned up to it, he responded well in the game, he helped us win a game (Monday) and he learned from it. That’s what you have to do.”
ZACK ATTACK
Wheeler didn’t pitch all spring due to shoulder soreness and was shaky in the first inning, hitting a pair of batters and walking another in a 27-pitch first inning. He escaped without any runs after striking out Robinson Cano with the bases loaded.
The 2021 NL Cy Young runner-up settled in after the first, allowing only Pete Alonso’s fourth-inning single while retiring 11 of 12 batters before Nimmo’s two-out homer to right in the fifth.
That was the end of the night for Wheeler, who continued to fare well against his former team. Signed as a free agent by the Phillies in December 2019 after five seasons with the Mets, the right-hander has a 2.59 ERA in nine starts against New York. He surrendered just that lone run on two hits with three strikeouts and a walk in 4 2/3.
TRAINER’S ROOM
Mets: RHP Taijuan Walker was put on the 10-day injured list because of bursitis in his pitching shoulder. Walker was lifted after throwing 30 pitches in his season debut on Monday night.
Phillies: Right-handed closer Corey Knebel (COVID-related IL) missed his second game in a row. … OF Odubel Herrera (oblique) began a rehab assignment at Single-A Clearwater on Tuesday.
UP NEXT
Three-time Cy Young winner Max Scherzer (1-0, 4.50) makes his second start since signing with the Mets in the offseason against Phillies RHP Aaron Nola (1-0, 6.00) in the conclusion of the three-game series on Wednesday afternoon.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/megill-delivers-again-leads-nimmo-mets-past-phillies-2-0/ | 2022-04-13T14:38:07Z |
Cat gets kudos for killing rabid bat in home
OLYMPIA, Wash. (KING) - There are a lot of stories about heroic dogs saving the day for their masters, but cats can be heroes, too.
Suzanne Featherstone is surrounded by nature in her home tucked in the woods above Olympia.
Her indoor housecat, named for her owl-like eyes, Me-owly, is the top-ranked animal around here these days.
“Our hero, Me-Owly, I like to say she’s the cat who knows how to say her name,” Suzanne Featherstone said.
She said last week she and her husband David left a bathroom window open “on the left up there, it was just open a little crack.”
At some point in the night, a brown bat made it inside and eventually into their bedroom.
“I heard the cat kind of running around, chasing something, and I thought maybe she was playing with a toy or something. And then when I got up in the morning, I looked down. I’m like, ‘That doesn’t look like a mouse,’” Suzanne Featherstone said.
Brown bats are common in the area, especially in the summer. They control bug populations and prevent the spread of diseases.
But the bat at the Featherstone home tested positive for rabies, and since the homeowners were sleeping in the same room with it, the county said the couple should get medical attention immediately.
“They told us if you have symptoms, it’s too late, that it’s a quiet disease, and that’s why there’s such precaution,” Suzanne Featherstone said.
Me-owly’s all caught up on her rabies shots, so she’s expected to be OK, so she can keep protecting her family from what may be lurking next.
“Who knows what would have happened,” Suzanne Featherstone said. “Good for the cat, she’s the hero.”
While Me-owly had already her rabies shots, her family had to go to the health department to get theirs.
The Featherstones had their first round of rabies shots themselves Wednesday morning.
Copyright 2022 KING via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/08/25/cat-gets-kudos-killing-rabid-bat-home/ | 2022-08-25T14:13:18Z |
Second quarter domestic RevPAR exceeded 2019 levels by 13%; awarded 122 new domestic franchise agreements in the quarter, a 10% increase from the same period of 2021
ROCKVILLE, Md., Aug. 4, 2022 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, reported its results today for the three months ended June 30, 2022.
"Once again, Choice Hotels drove impressive quarterly results that outperformed the industry, while announcing the most significant acquisition in our company's history and recycling over $140 million of capital through July," said Patrick Pacious, president and chief executive officer, Choice Hotels. "The acquisition of Radisson Hotels Americas, which is expected to close this month, will mark the next chapter in Choice's well-established asset-light strategy of investing in higher revenue segments and locations, and build on our strong track record of growing the brands of tomorrow. We are confident in our ability to accelerate the growth of Radisson Hotels Americas' brands by leveraging Choice's scale, network of owner relationships and strong digital platforms."
Highlights of second quarter 2022 results include (note that RevPAR metrics are compared to 20191):
- Domestic revenue per available room (RevPAR) growth accelerated quarter-over-quarter, increasing by 13% for second quarter 2022, compared to the same period of 2019, and outperformed the total industry by 360 basis points.
- Domestic RevPAR growth has surpassed 2019 levels for 13 consecutive months through June 30, 2022, a trend that has continued in the third quarter of 2022 with July RevPAR increasing approximately 14%, compared to July of 2019. RevPAR for full-year 2022 is expected to increase between 11% and 13%, compared to full-year 2019.2
- The company awarded 122 domestic franchise agreements in second quarter 2022, a 10% increase compared to the same period of the prior year.
- The company's domestic effective royalty rate was 5.04% for the three months ended June 30, 2022 and 5.05% for the six months ended June 30, 2022, an increase of 3 basis points and 4 basis points over the comparable 2021 periods, respectively. For full-year 2022, the company's domestic effective royalty rate is expected to increase by approximately 5 basis points, compared to full-year 2021.3
- Total revenues increased 32% to $368 million for second quarter 2022, compared to the same period of 2021. Total revenues excluding marketing and reservation system fees increased 25% to $178.6 million for second quarter 2022, compared to the same period of 2021.
- Net income increased 24% to $106.2 million for second quarter 2022, representing diluted earnings per share (EPS) of $1.89, a 24% increase over second quarter 2021.
- Second quarter adjusted net income, excluding certain items described in Exhibit 7, increased 17% to $79.9 million from second quarter 2021, representing adjusted diluted EPS of $1.43, a 17% increase from second quarter 2021.
- Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for second quarter 2022 was $129.6 million, a 16% increase from the same period of 2021.
- The company signed an agreement to acquire Radisson Hospitality, Inc. ("Radisson Hotels Americas") on June 12, 2022, for a purchase price of approximately $675 million. The transaction would add approximately 67,000 rooms to the company's portfolio and is expected to close in August 2022.
- The company sold the Cambria Hotel Southlake DFW North, Texas property in June 2022 for $24 million and secured a long-term franchise agreement with the buyer. The sale of this hotel increases the recycling of prior investments in Cambria Hotels development projects for the six months ended June 30, 2022 to over $30 million.4
- During the first six months of 2022, the company returned $41.6 million to shareholders in the form of cash dividends and share repurchases.
RevPAR Performance Trends
- RevPAR growth for second quarter 2022 was driven by an increase in average daily rate (ADR) of 13.7%, compared to second quarter 2019.
- The company's extended-stay portfolio has consistently exceeded 2019 RevPAR levels since April 2021 and achieved domestic RevPAR growth of 21.4% in second quarter 2022, compared to the same period of 2019. The WoodSpring Suites brand achieved RevPAR growth of 28.1% in second quarter 2022, compared to the same period of 2019, driven by occupancy levels of 82% and a 22% increase in ADR.
- The company's overall midscale portfolio has consistently surpassed 2019 RevPAR levels since June 2021 and achieved domestic RevPAR growth of 10.1% in second quarter 2022 compared to the same period of 2019. In second quarter 2022, the Comfort brand continued to achieve RevPAR share gains versus its local competitors, and the brand's domestic RevPAR growth continued to outperform the upper-midscale chain scale, compared to the same period of 2019.
- The company's upscale portfolio achieved domestic RevPAR growth of 10.1% for second quarter 2022, compared to the same period of 2019, and outperformed the upscale chain scale by 880 basis points.
Additional details for the company's second quarter 2022 results are as follows:
Revenues
- Second quarter 2022 domestic royalties totaled $116.7 million, a 14% increase from the same period of 2021.
- Procurement services revenues increased 80% to $21.8 million for second quarter 2022, compared to the same period of 2021.
Development
- The company awarded 215 domestic franchise agreements year-to-date through June 30, 2022, an 8% increase compared to the same period of 2021. Excluding the multi-unit transaction for 22 properties as part of the company's strategic alliance with Penn National Gaming in 2021, domestic franchise agreements increased 21% in first half of 2022, compared to the same period of 2021. Applications received for new domestic franchise agreements increased by 24% year-to-date through June 30, 2022, compared to the same period of 2021.
- The number of domestic franchise agreements awarded for conversion hotels increased by 10% in second quarter 2022, compared to the same period of 2021.
- The company's extended-stay portfolio reached 489 domestic hotels as of June 30, 2022, a 6.3% increase since June 30, 2021, with the domestic pipeline reaching 362 hotels awaiting conversion, under construction or approved for development and an additional 46 hotels under master development agreements committing to future development. The number of domestic franchise agreements awarded for the WoodSpring Suites brand doubled in the first half of the year, compared to the same period of 2021.
- The number of domestic franchise agreements awarded for the company's midscale segment increased 6% year-to-date through June 30, 2022, compared to the same period of 2021.
- For the first half of 2022, the Cambria Hotels brand tripled the number of domestic franchise agreements awarded, compared to the same period of 2021.
- The number of domestic hotels and rooms, as of June 30, 2022, decreased 1.4% and 2.9%, respectively, from June 30, 2021. Excluding the impact from the previously announced departure of 17 AMResorts®-branded properties and the exit of 41 underperforming assets from the portfolio in fourth quarter 2021, the company's domestic upscale, midscale and extended-stay segments reported a 0.3% increase in units compared to June 30, 2021.
- The company's total domestic pipeline of hotels awaiting conversion, under construction or approved for development and including master development agreements committing owners to future franchise development, as of June 30, 2022, reached 910 hotels, representing nearly 84,000 rooms.5
Balance Sheet and Liquidity
The company further strengthened its liquidity position in second quarter 2022 and continues to benefit from its primarily franchise-only business model, which has historically provided a stable earnings stream, low capital expenditure requirements and significant free cash flow. As of June 30, 2022, the company's total available liquidity consisting of cash and available borrowing capacity through the revolving credit facility increased 33% to $1.2 billion, compared to June 30, 2021.
Shareholder Returns
During the six months ended June 30, 2022, the company paid cash dividends totaling $26.5 million. Based on the current quarterly dividend rate of $0.2375 per common share outstanding, the company expects to pay dividends of $53 million during 2022, compared to total dividends of $25 million paid in 2021.
During the six months ended June 30, 2022, the company repurchased $15.1 million of common stock under its stock repurchase program, as well as through repurchases from employees in connection with tax withholding and option exercises relating to awards under the company's equity incentive plans. As of June 30, 2022, the company had 3.3 million shares of common stock remaining under the current share repurchase authorization.
Conference Call
Choice Hotels International will conduct a conference call on, August 4, 2022, at 8:00 a.m. Eastern Time to discuss the company's second quarter 2022 earnings results. The dial-in number to listen to the call domestically is (888) 349-0087 and the number for international participants is (412) 317-5259. A live webcast and accompanying materials will also be available on the company's investor relations website, http://investor.choicehotels.com/ and can be accessed via the Financial Performance and Presentations tab.
About Choice Hotels®
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. With nearly 7,000 hotels, representing nearly 600,000 rooms, in 35 countries and territories as of June 30, 2022, the Choice® family of hotel brands provides business and leisure travelers with a range of high-quality lodging options from limited service to full-service hotels in the upscale, midscale, extended-stay and economy segments. The award-winning Choice Privileges® loyalty program offers members benefits ranging from everyday rewards to exceptional experiences. For more information, visit www.choicehotels.com.
Forward-Looking Statements
Certain matters discussed in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Certain, but not necessarily all, of such forward-looking statements can be identified by the use of forward-looking terminology, such as "expect," "estimate," "believe," "anticipate," "should," "will," "forecast," "plan," "project," "assume," or similar words of futurity. All statements other than historical facts are forward-looking statements. These forward-looking statements are based on management's current beliefs, assumptions and expectations regarding future events, which, in turn, are based on information currently available to management. Such statements may relate to projections of the company's revenue, expenses, adjusted EBITDA, earnings, debt levels, ability to repay outstanding indebtedness, payment of dividends, repurchases of common stock and other financial and operational measures, including occupancy and open hotels, RevPAR, the company's ability to benefit from any rebound in travel demand, the company's liquidity, the impact of COVID-19 and economic conditions on our future operations, among other matters. We caution you not to place undue reliance on any such forward-looking statements. Forward-looking statements do not guarantee future performance and involve known and unknown risks, uncertainties and other factors.
Several factors could cause actual results, performance or achievements of the company to differ materially from those expressed in or contemplated by the forward-looking statements. Such risks include, but are not limited to, the consummation of the acquisition of Radisson Hotels Americas, including the related incurrence of additional indebtedness; the company's ability to successfully integrate Radisson Hotels Americas' employees and operations; the ability to realize the anticipated benefits and synergies of the acquisition of Radisson Hotels Americas as rapidly or to the extent anticipated; the continuation or resurgence of the COVID-19 pandemic, including with respect to new strains or variants; the rate, pace and effectiveness of vaccination in the broader population; changes in consumer demand and confidence, including the impact of the COVID-19 pandemic on unemployment rates, consumer discretionary spending and the demand for travel, transient and group business; the impact of COVID-19 on the global hospitality industry, particularly but not exclusively in the U.S. travel market; the success of our mitigation efforts in response to the COVID-19 pandemic; the performance of our brands and categories in any recovery from the COVID-19 pandemic disruption; the timing and amount of future dividends and share repurchases; changes to general, domestic and foreign economic conditions, including access to liquidity and capital as a result of COVID-19; future domestic or global outbreaks of epidemics, pandemics or contagious diseases, or fear of such outbreaks; changes in law and regulation applicable to the travel, lodging or franchising industries; foreign currency fluctuations; impairments or declines in the value of the company's assets; operating risks common in the travel, lodging or franchising industries; changes to the desirability of our brands as viewed by hotel operators and customers; changes to the terms or termination of our contracts with franchisees and our relationships with our franchisees; our ability to keep pace with improvements in technology utilized for marketing and reservations systems and other operating systems; the commercial acceptance of our Software-as-a-Service ("SaaS") technology solutions division's products and services; our ability to grow our franchise system; exposure to risks related to our hotel development, financing and ownership activities; exposures to risks associated with our investments in new businesses; fluctuations in the supply and demand for hotel rooms; our ability to realize anticipated benefits from acquired businesses; impairments or losses relating to acquired businesses; the level of acceptance of alternative growth strategies we may implement; cyber security and data breach risks; ownership and financing activities; hotel closures or financial difficulties of our franchisees; operating risks associated with our international operations, especially in areas currently most affected by COVID-19; the outcome of litigation; and our ability to effectively manage our indebtedness and secure our indebtedness. These and other risk factors are discussed in detail in the company's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Non-GAAP Financial Measurements
The company evaluates its operations utilizing the performance metrics of adjusted EBITDA, adjusted EBITDA margins, adjusted selling, general and administrative (SG&A) expenses, revenues excluding marketing and reservation system activities, adjusted net income and adjusted EPS, which are all non-GAAP financial measurements. These measures, which are reconciled to the comparable GAAP measures in Exhibit 7, should not be considered as an alternative to any measure of performance or liquidity as promulgated under or authorized by GAAP, such as net income, SG&A, EPS and total revenues. The company's calculation of these measurements may be different from the calculations used by other companies and comparability may therefore be limited. We discuss management's reasons for reporting these non-GAAP measures and how each non-GAAP measure is calculated below.
In addition to the specific adjustments noted below with respect to each measure, the non-GAAP measures presented herein also exclude restructuring of the company's operations including employee severance benefit, income taxes and legal costs, exceptional allowances recorded as a result of COVID-19's impact on the collectability of receivables, acquisition related transition and transaction costs, and gains/losses on sale/disposal and impairment of assets primarily related to hotel ownership and development activities to allow for period-over-period comparison of ongoing core operations before the impact of these discrete and infrequent charges.
Adjusted SG&A, Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization and Margin: Adjusted SG&A, Adjusted EBITDA and Adjusted EBITDA Margin reflects net income excluding the impact of interest expense, interest income, provision for income taxes, depreciation and amortization, franchise-agreement acquisition cost amortization, other (gains) and losses, equity in net income (loss) of unconsolidated affiliates, mark-to-market adjustments on non-qualified retirement plan investments, share based compensation expense (benefit) and surplus or deficits generated by marketing and reservation system activities. We consider adjusted EBITDA and adjusted EBITDA margins to be an indicator of operating performance because it measures our ability to service debt, fund capital expenditures and expand our business. We also use these measures, as do analysts, lenders, investors and others, to evaluate companies because it excludes certain items that can vary widely across industries or among companies within the same industry. For example, interest expense can be dependent on a company's capital structure, debt levels and credit ratings, and share based compensation expense (benefit) is dependent on the design of compensation plans in place and the usage of them. Accordingly, the impact of interest expense and share based compensation expense (benefit) on earnings can vary significantly among companies. The tax positions of companies can also vary because of their differing abilities to take advantage of tax benefits and because of the tax policies of the jurisdictions in which they operate. As a result, effective tax rates and provision for income taxes can vary considerably among companies. These measures also exclude depreciation and amortization because companies utilize productive assets of different ages and use different methods of both acquiring and depreciating productive assets or amortizing franchise-agreement acquisition costs. These differences can result in considerable variability in the relative asset costs and estimated lives and, therefore, the depreciation and amortization expense among companies. Mark-to-market adjustments on non-qualified retirement-plan investments recorded in SG&A are excluded from EBITDA, as the company accounts for these investments in accordance with accounting for deferred-compensation arrangements when investments are held in a rabbi trust and invested. Changes in the fair value of the investments are recognized as both compensation expense in SG&A and other gains and losses. As a result, the changes in the fair value of the investments do not have a material impact on the company's net income. Surpluses and deficits generated from marketing and reservation activities are excluded, as the company's franchise agreements require the marketing and reservation system revenues to be used exclusively for expenses associated with providing franchise services, such as central reservation and property-management systems, reservation delivery and national marketing and media advertising. Franchisees are required to reimburse the company for any deficits generated from these marketing and reservation system activities and the company is required to spend any surpluses generated in future periods. Since these activities will be managed to break-even over time, quarterly or annual surpluses and deficits have been excluded from the measurements utilized to assess the company's operating performance.
Adjusted Net Income and Adjusted Earnings Per Share: Adjusted net income and EPS exclude the impact of surpluses or deficits generated from marketing and reservation system activities. Surpluses and deficits generated from marketing and reservation activities are excluded, as the company's franchise agreements require the marketing and reservation system revenues to be used exclusively for expenses associated with providing franchise services, such as central reservation and property-management systems, reservation delivery and national marketing and media advertising. Franchisees are required to reimburse the company for any deficits generated from these marketing and reservation system activities and the company is required to spend any surpluses generated in future periods. Since these activities will be managed to break-even over time, quarterly or annual surpluses and deficits have been excluded from the measurements utilized to assess the company's operating performance. We consider adjusted net income and adjusted EPS to be indicators of operating performance because excluding these items allow for period-over-period comparisons of our ongoing operations.
Revenues, Excluding Marketing and Reservation System Activities: The company reports revenues, excluding marketing and reservation system activities. These non-GAAP measures we present are commonly used measures of performance in our industry and facilitate comparisons between the company and its competitors. Marketing and reservation system activities are excluded, as the company's franchise agreements require the marketing and reservation system revenues to be used exclusively for expenses associated with providing franchise services, such as central reservation and property-management systems, reservation delivery and national marketing and media advertising. Franchisees are required to reimburse the company for any deficits generated from these marketing and reservation system activities and the company is required to spend any surpluses generated in future periods. Since these activities will be managed to break-even over time, quarterly or annual surpluses and deficits have been excluded from the measurements utilized to assess the company's operating performance.
© 2022 Choice Hotels International, Inc. All rights reserved.
1 2019 comparison data is shown for comparable prior year periods for context in light of the pandemic's impact on industry performance in 2021.
2 Does not include any potential impact from the pending Radisson Hotels Americas acquisition.
3 Does not include any potential impact from the pending Radisson Hotels Americas acquisition.
4 Subsequently, the company sold the Cambria Hotel Nashville Downtown, Tennessee in July 2022 for $109.5 million.
5 The master development agreements included 46 hotels as of June 30, 2022. In July, the company entered into additional master development agreements committing to future development of 67 hotels.
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SOURCE Choice Hotels International, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/04/choice-hotels-international-reports-2022-second-quarter-results/ | 2022-08-04T12:00:22Z |
CHARLOTTE, N.C., June 27, 2022 /PRNewswire/ -- Bank of America today commented on the results of the Federal Reserve's 2022 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common stock dividend to $0.22 per share beginning in the third quarter of 2022.
Based on the 2022 CCAR results, Bank of America's stress capital buffer (SCB) will be approximately 100 bps higher than the current 2.5% level and will therefore add approximately 100 bps to our CET1 minimum requirement of 9.5%. When finalized, this new SCB will be effective from October 1, 2022 to September 30, 2023. At March 31, 2022 Bank of America had $170 billion of regulatory CET1 capital and a CET1 ratio of 10.4%.
"Our responsible growth strategy over the last decade has put us in a strong position to support our clients and deliver for shareholders," said Bank of America Chair and Chief Executive Officer Brian Moynihan. "In October 2021, we renewed the Company's previously announced $25 billion common stock purchase program with $17 billion remaining as of March 31, 2022, and today we are also announcing that we expect to increase the quarterly common stock dividend by 5% to $0.22 per share." Bank of America Chief Financial Officer Alastair Borthwick added that "the 2022 annual stress test results once again support that Bank of America maintains a strong capital position to serve its customers and clients through the current economic environment and our continued discipline around risk has us well prepared for a severe economic stress scenario."
The common stock dividend is subject to approval from the Company's Board of Directors.
Certain statements contained in this news release may constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the current expectations, plans or forecasts of Bank of America based on available information. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. These statements often use words like "expects," "anticipates," "believes," "estimates," "targets," "intends," "plans," "predict," "goal" and other similar expressions or future or conditional verbs such as "will," "may," "might," "should," "would" and "could." Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.
Forward-looking statements represent Bank of America's current expectations, plans or forecasts of its future results, revenues, expenses, dividends, efficiency ratio, capital measures, and future business and economic conditions more generally, and other future matters. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond Bank of America's control. Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements due to a variety of factors. You should not place undue reliance on any forward-looking statement and should consider all of the precautionary statements, uncertainties and risks discussed in Bank of America's filings with the Securities and Exchange Commission, including in Bank of America's Current Report on Form 8-K dated October 20, 2021, announcing Bank of America's common stock repurchase program, under Item 1A. "Risk Factors" of Bank of America's Annual Report on Form 10-K for the year ended December 31, 2021, and in any of Bank of America's other subsequent Securities and Exchange Commission filings.
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,100 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 54 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, visit Bank of America newsroom and register for news email alerts.
Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Bill Halldin, Bank of America
Phone: 1.916.718.1251
william.halldin@bofa.com
Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
christopher.feeney@bofa.com
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SOURCE Bank of America Corporation | https://www.mysuncoast.com/prnewswire/2022/06/27/bank-america-comments-stress-test-results-plans-increase-quarterly-dividend-022-per-share/ | 2022-06-27T22:12:03Z |
As AAPI Heritage Month comes to a close, P&G continues to raise awareness, spark dialogue, and bring communities together with Gold House and Marvel Studios' "Ms.Marvel," Original series streaming June 8 on Disney+.
CINCINNATI, June 10, 2022 /PRNewswire/ -- P&G kicked off AAPI Heritage Month with the release of "The Name," a short film which chronicles the early life of a Korean American girl named Yeong Joo. Created to bring awareness to the impact names have on one's sense of belonging, "The Name" follows Yeong Joo from birth to adolescence, highlighting important milestones such as receiving her name, making a friend and her first experience with discomfort surrounding her name.
The film was a part of an integrated campaign that included digital and social media activities, such as the #OurNamesBelong hashtag, celebrity and influencer amplification with Daniel Dae Kim, Michelle Yeoh, Ming Na Wen, and Mari Takahashi, and others.
P&G also joined forces with Gold House, the leading AAPI changemaker fighting socioeconomic equity. To highlight AAPI contributions to American society, P&G sponsored Gold House's A100 List, a collection of the most influential Asian and Pacific Islander figures of the past year. This year's honorees were celebrated at the inaugural Gold Gala on May 21, with celebrities such as Mindy Kaling, Henry Golding, Daniel Dae Kim and more in attendance.
Attendees walking the Gold Carpet were asked to share their P&G Name Stories to bring further awareness to the importance of uplifting Asian names. Honorees including "Everything Everywhere All at Once" star Michelle Yeoh, television host Jeannie Mai Jenkins and "Turning Red" actor Maitreyi Ramakrishnan shared their personal name stories, as well as insights into the meaning behind them.
[Gold Carpet Name Story Video]
Following his name story, Nepalese-American fashion designer Prabal Gurung spoke on the significance of AAPI representation in Hollywood. "Today – graciously, quietly, but ferociously – we are here," said Gurung.
Together with Gold House, P&G also co-hosted an inspiring panel discussion featuring executives from The Walt Disney Studios and "Ms. Marvel" executive producer Sana Amanat. In addition to key insights from Marvel Studios provided by Mindy Hamilton, SVP Partnership Marketing, Marya Bangee, head of Disney Studio's RISE (Representation, Inclusion Strategies and Engagement) team, spoke about the work her team is doing to ensure authenticity in storytelling and ongoing community engagement. As AAPI Heritage Month comes to a close, P&G looks forward to the release of "Ms. Marvel," an Original series from Marvel Studios, streaming June 8 on Disney+. In a historic first for the Marvel Cinematic Universe, "Ms. Marvel" introduces Kamala Khan, a Muslim American teenager growing up in Jersey City struggling to fit in at school and sometimes even at home—that is, until she gets superpowers like the heroes she's always looked up to.
[link to photos from 5/10 P&G/Ms. Marvel press event]
During this panel discussion, Damon Jones, P&G Chief Communications Officer, also shared key insights that went into the creation of not only "The Name" campaign, but also into company-wide equality and inclusion initiatives.
P&G is a global trailblazer in advocacy for diverse communities honoring and celebrating diversity and inclusion with The Name, Widen the Screen and Marvel Studios' "Ms. Marvel."
CONTACT: Julie Lee at Julie.Lee@tdwandco.com or (847) 867-1029.
About Procter & Gamble
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at http://www.pg.com/news.
About Marvel Studios' "Ms. Marvel"
Marvel Studios' "Ms. Marvel" is a new, original series premiering exclusively on Disney+ June 8. "Ms. Marvel" introduces Kamala Khan, a Muslim American teenager growing up in Jersey City. An avid gamer and a voracious fan-fiction scribe, Kamala is a Super Hero megafan with an oversized imagination—particularly when it comes to Captain Marvel. Yet Kamala feels like she doesn't fit in at school and sometimes even at home—that is, until she gets superpowers like the heroes she's always looked up to. Life gets better with superpowers, right?
The series stars Iman Vellani, Matt Lintz, Yasmeen Fletcher, Zenobia Shroff, Mohan Kapur, Saagar Shaikh, Rish Shah, Fawad Khan, Laurel Marsden, Arian Moayed, Adaku Ononogbo, Alysia Reiner, Azhar Usman, Laith Nakli, Nimra Bucha and Travina Springer, with Aramis Knight.
Directors for the series are Adil & Bilall (Adil El Arbi & Bilall Fallah) [Episodes 101 and106], Meera Menon [Episodes 102 and 103] and Sharmeen Obaid-Chinoy [Episodes 104 and 105]. Kevin Feige, Louis D'Esposito, Victoria Alonso, Brad Winderbaum, Adil & Bilall, .Bisha K. Ali and Sana Amanat are the executive producers. Bisha K. Ali is also the head writer.
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SOURCE Procter & Gamble | https://www.mysuncoast.com/prnewswire/2022/06/10/pampg-reflects-aapi-heritage-month-looks-ahead-sustained-diversity-efforts/ | 2022-06-10T14:40:41Z |
BRANCHBURG, N.J., June 23, 2022 /PRNewswire/ -- ClorDiSys is proud to have been a part of the 2022 Kilmer Conference held in Athens, Greece. The company was selected to conduct a poster presentation entitled "Gaseous Chlorine Dioxide Sterilization of Medical Devices." The presentation outlined the properties of chlorine dioxide gas as well as the available technology. Due to the growing environmental and health concerns surrounding ethylene oxide, it is becoming increasingly crucial for industry users to find alternative sterilization methods for their products. Chlorine dioxide gas is seen as the ideal alternative and offers significant advancements in many of occasions. ClorDiSys generates a pure form of chlorine dioxide gas which is a United States Environmental Protection Agency (EPA) registered sterilant, is non-carcinogenic, and non-explosive. These qualities allow for a paradigm shift of being able to bring sterilization into a medical device manufacturing facility rather than outsourcing to a contract sterilization facility. The process also does not result in harmful residues which is a concern that is often experienced with ethylene oxide sterilization. A sterilization feature also highly of interest to industry members is that cycles do not require an increase in temperature as ethylene oxide requires. This allows temperature sensitive devices to be highly successful under chlorine dioxide sterilization. Chlorine dioxide cycle lengths range depending on each device's requirements, but typically last from two to eight hours, start to finish. This is a significant advancement in time saving as compared with ethylene oxide cycles.
The Kilmer Conference has been a vital institution to the healthcare community since the 1970's and ClorDiSys is honored to have had the opportunity to further educate industry professionals on chlorine dioxide gas' potential impact to the world.
Established in 2001, ClorDiSys Solutions, Inc is a New Jersey based business that manufactures sterilization equipment and is an FDA registered contract sterilization facility which utilizes chlorine dioxide gas. ClorDiSys developed its technology through Johnson and Johnson, and chlorine dioxide gas has been providing true sterilization of medical devices for over 25 years.
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SOURCE ClorDiSys Solutions Inc | https://www.wibw.com/prnewswire/2022/06/23/clordisys-presents-chlorine-dioxide-gas-medical-device-sterilization-2022-kilmer-conference/ | 2022-06-23T17:52:20Z |
Represents the first in Lille, France to Bring the Benefits of Precision Radiation Therapy to the Hauts de France Region
CLEVELAND, July 29, 2022 /PRNewswire/ -- ViewRay, Inc. (NASDAQ: VRAY) today announced that Centre Oscar Lambret has selected a MRIdian MRI-Guided Radiation Therapy System. The center will be the first in Lille, France to offer advanced MRI-guided radiation therapy technology in the Hauts de France region.
Centre Oscar Lambret is exclusively dedicated to cancer treatment and research. The center has three main missions: care, research, and teaching. Its goal is to fast-track innovations in oncology for all patients in the Hauts-de-France region. Access to quality care is a priority for the Centre Oscar Lambret. The program currently has 151 clinical studies ongoing, and each year the radiation therapy department treats approximately 3,500 patients. Centre Oscar Lambret expects to begin treating patients early in 2024.
"We are pleased to welcome Centre Oscar Lambret to the MRIdian global community. With MRIdian, Centre Oscar Lambret will offer personalized treatment to a broader population of cancer patients." said Martin Fuss, M.D., Chief Medical Officer at ViewRay. "Through the use of MRI-guidance, on-table adaptive replanning capabilities, and the ability to control the radiation beam based on real-time MR-imaging during treatment, Centre Oscar Lambret will improve the accuracy with which they deliver radiation treatments. Patients will benefit from higher radiation doses delivered in fewer treatment sessions, even if they may have tumors that are today considered virtually untreatable."
The MRIdian system provides oncologists outstanding anatomical visualization through diagnostic-quality MR images and the ability to adapt a radiation therapy plan to the targeted cancer with the patient on the table. This combination allows physicians to define tight treatment margins to avoid unnecessary radiation exposure of vulnerable organs-at-risk and healthy tissue and allows the delivery of ablative radiation doses in five or fewer treatment sessions, without relying on implanted markers. By providing real-time continuous tracking of the target and organs-at-risk, MRIdian enables automatic gating of the radiation beam if the target moves outside the user-defined margins. This allows for delivery of the prescribed dose to the target, while sparing surrounding healthy tissue and critical structures, which results in minimizing toxicities typically associated with conventional radiation therapy.
Over 24,000 patients have been treated with MRIdian. Currently, 53 MRIdian systems are installed at hospitals around the world where they are used to treat a wide variety of solid tumors and are the focus of numerous ongoing research efforts. MRIdian has been the subject of hundreds of peer-reviewed publications, scientific meeting abstracts, and presentations. For a list of treatment centers, please visit: https://viewray.com/find-mridian-mri-guided-radiation-therapy/
Nothing in this material is intended to provide specific medical advice or to take the place of written law or regulations.
The MRIdian Linac System is not appropriate for all patients, including those who are not candidates for magnetic resonance imaging. Radiation treatments may cause side effects that can vary depending on the part of the body being treated. The most frequent ones are typically temporary and may include, but are not limited to, irritation to the respiratory, digestive, urinary or reproductive systems; fatigue; nausea; skin irritation; and hair loss. In some patients, side effects can be severe. Treatment sessions may vary in complexity and duration. Radiation treatment is not appropriate for all cancers. You should discuss the potential for side effects and their severity as well as the benefits of radiation and magnetic resonance imaging with your doctor to make sure radiation treatment is right for you.
ViewRay, Inc. (NASDAQ: VRAY), designs, manufactures, and markets the MRIdian® MRI-Guided Radiation Therapy System. MRIdian is built upon a proprietary high-definition MR imaging system designed from the ground up to address the unique challenges and clinical workflow for advanced radiation oncology. Unlike MR systems used in diagnostic radiology, MRIdian's high-definition MR was purpose-built to address specific challenges, including beam distortion, skin toxicity, and other concerns that potentially may arise when high magnetic fields interact with radiation beams. ViewRay and MRIdian are registered trademarks of ViewRay, Inc.
This press release contains forward-looking statements within the meaning of Section 27A of the Private Securities Litigation Reform Act. Statements in this press release that are not purely historical are forward-looking statements. Such forward-looking statements include, among other things, ViewRay's financial guidance for the full year 2022, anticipated future orders, anticipated future operating and financial performance, treatment results, therapy adoption, innovation, and the performance of the MRIdian systems. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to commercialize the MRIdian Linac System, demand for ViewRay's products, the ability to convert backlog into revenue, the timing of delivery of ViewRay's products, the timing, length, and severity of the COVID-19 pandemic, including its impacts across our businesses on demand, our operations and global supply chains, the results and other uncertainties associated with clinical trials, the ability to raise the additional funding needed to continue to pursue ViewRay's business and product development plans, the inherent uncertainties associated with developing new products or technologies, competition in the industry in which ViewRay operates, and overall market conditions. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to ViewRay's business in general, see ViewRay's current and future reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and its Quarterly Reports on Form 10-Q, as updated periodically with the Company's other filings with the SEC. These forward-looking statements are made as of the date of this press release, and ViewRay assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
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SOURCE ViewRay, Inc. | https://www.wibw.com/prnewswire/2022/07/29/centre-oscar-lambret-selects-viewrays-mridian-mri-guided-radiation-therapy-system/ | 2022-07-29T14:59:04Z |
MONTREAL (AP) — When Brian MacLellan declared his intention to change up the Washington Capitals’ goaltending situation, the seasoned general manager knew he was joining a crowded market given how many teams already had the same need.
It didn’t matter. He made a move anyway to trade a goalie and create a void in net.
“I jumped in,” MacLellan said. “I jumped into the fire. Probably not the smartest thing, right?”
Certainly not the cheapest thing. The goalie carousel kept spinning on the second day of the NHL draft, with MacLellan trading Vitek Vanecek to the New Jersey Devils and the Detroit Red Wings acquiring and signing Ville Husso from the St. Louis Blues.
Those moves were half of four completed Friday involving NHL players. The Philadelphia Flyers also got polarizing defenseman Anthony DeAngelo from the Carolina Hurricanes for three high draft picks and the San Jose Sharks sent a pick and a prospect to the Nashville Predators for forward Luke Kunin. But the wheels in motion for goaltenders dominated the conversation and will continue to with free agency opening Wednesday.
“If you line it up and you look and kind of pay attention to what teams are thinking, it’s a little chaotic and scrambly,” MacLellan said. “You’ve got to be constantly monitoring it and seeing what’s happening.”
Things started happening Friday morning even before the start of the second round, with St. Louis trading Husso’s rights for the 73rd pick and Washington sending Vanecek and No. 46 to New Jersey for picks 37 and 70.
The domino effect started Thursday when the Stanley Cup-winning Colorado Avalanche got Alexandar Georgiev from the New York Rangers. That move ensured playoff starter Darcy Kuemper would hit the open market.
There’s no shortage of teams interested in Kuemper and other goaltenders available by trade or in free agency.
Husso was set to be one of those options before Detroit sent the 73rd pick to St. Louis for the 27-year-old Finn. He got a $14.25 million deal with a $4.75 million annual cap hit over the next three seasons.
The Red Wings will now pair Husso with Alex Nedeljkovic, whom they acquired last offseason, as they move from rebuilding into contending.
New Jersey is still a couple of years away from that, but the Devils needed a goalie and got one in Vanecek along with the 46th pick after sending Nos. 37 and 70 to Washington. The Capitals are in the market for a veteran netminder to play in tandem with Ilya Samsonov, unless they also move on from him.
GMs not yet in the thick of the goalie search but preparing to enter it understand why colleagues were quick to address the situation at the draft.
“I think it’s natural to have that feeling,” Kevyn Adams of the Buffalo Sabres said. “You have to have a plan, and you have to have a priority list. I’ve had a lot of discussions with teams about different options, things that we think about, and then you go through that list and check it off. Maybe some conversations pick up a little bit more, some go away. We’ve had that, we’ll continue to have that. We know there are some options available if we decide to go that route, but what we won’t do is panic.”
The Hurricanes didn’t panic when it became clear they were having difficulties re-signing DeAngelo. They instead got the 101st pick, a third-rounder next year and a second in 2024 from the Flyers.
“We had teams that were interested,” GM Don Waddell said, “so we did our best to maximize the return value.”
Philadelphia paid a hefty price because it was able to agree to terms on a $10 million, two-year deal with DeAngelo, an offensively skilled right-shot defenseman who put up 51 points in 64 games last season. But DeAngelo’s play has never been the problem as much as off-ice questions.
DeAngelo was sent home by the New York Rangers during the 2021 season following an undisclosed incident, went unclaimed by the rest of the league on waivers and was bought out. He was suspended three games by the NHL for abuse of officials late in 2016 and eight games by the Ontario Hockey League in 2014 for directing a racist slur at a teammate — the second time he was involved in such an incident — and has been criticized for social media posts.
Flyers GM Chuck Fletcher said his team looked into adding DeAngelo last year and is confident the player has learned from his mistakes, adding that new coach John Tortorella was on board with the trade.
“I don’t anticipate any issues,” Fletcher said. “We’re confident this will be a good relationship.”
Elsewhere around the league, the Panthers continued their relationship with forward Eetu Luostarinen, signing him to a $3 million, two-year deal.
“Eetu is a selfless, dependable and cerebral player who plays with consistency each and every night,” GM Bill Zito said. “We are excited to have him back in our lineup.”
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Follow AP Hockey Writer Stephen Whyno on Twitter at https://twitter.com/SWhyno
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More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/goalie-carousel-continues-spinning-on-day-2-of-nhl-draft/ | 2022-07-09T01:45:25Z |
Washington reaches $518M settlement with opioid distributors
By GENE JOHNSON
Associated Press
SEATTLE (AP) — Months into a complex trial over their role in flooding Washington with highly addictive painkillers, the nation’s three largest opioid distributors agreed Tuesday to pay the state $518 million, with the vast majority being directed toward easing the addiction epidemic.
Attorney General Bob Ferguson announced the deal, noting that it’s worth tens of millions of dollars more than Washington would have received from the companies if it had signed onto a national settlement reached last summer involving the distributors and Johnson & Johnson.
The agreement still requires approval from a judge and from dozens of Washington cities that pursued their own cases against the distributors — McKesson Corp., Cardinal Health Inc. and AmerisourceBergen Corp.
Under the settlement, the state would have to spend $476 million of the total to address the opioid crisis, including on substance abuse treatment; expanding access to overdose-reversal drugs; and providing housing, job placement and other services for those struggling with addiction. The rest of the money would go toward litigation costs.
“We could have joined the overwhelming majority of states and settled with the the largest opioid distributors, but we chose to fight them in court instead,” Ferguson said. “That decision to take them to court will result in significant additional resources for Washington to combat the opioid epidemic.”
The three companies announced earlier this year that 46 states had signed onto the national settlement, under which they will pay nearly $20 billion over 18 years.
Ferguson, a Democrat, declined to join, calling what would have been the state’s $418 million share from the distributors insufficient. Instead, he decided to go to trial against the three distributors and separately against Johnson & Johnson.
The case against the distributors went to trial last November in King County Superior Court in Seattle, alleging violations of consumer protection and public nuisance laws, while the lawsuit against Johnson & Johnson is scheduled to go to trial in September.
The attorney general argued that the three companies shipped such a vast amount of drugs to Washington that it was obvious they were fueling addiction: Opioid sales in the state rose more than 500% between 1997 and 2011. In 2011, more than 112 million daily doses of all prescription opioids were dispensed in the state — enough for a 16-day supply for every resident. In 2015, eight of Washington’s 39 counties had more prescriptions than residents.
The companies rejected the accusations. They said they merely supplied opioids that had been prescribed by doctors, and it wasn’t their role to second-guess the prescriptions or interfere in the doctor-patient relationship.
Further, the companies argued, Washington state itself played a large role in the epidemic. In the 1990s, concerned that people in chronic pain were being undertreated, lawmakers passed the Intractable Pain Act, which made it easier to prescribe opioids.
In a written statement Tuesday, the distributors said the settlement “will further the companies’ goal of achieving broad resolution of governmental opioid claims while delivering meaningful relief to communities across the United States that have been impacted by the opioid epidemic.”
Over the last two decades, the deaths of more than 500,000 Americans have been linked to overdoses of opioids, including both prescription pain kills and illicit drugs such as heroin and illegally produced fentanyl.
Across the U.S., many lawsuits filed by governments over the toll of the drugs have been resolved in recent years — most with settlements, and some with judgments or verdicts in trials. So far, drug makers, distributors and pharmacies have agreed to settlements totaling well over $40 billion, according to an Associated Press tally.
The new Washington state settlement stands as the largest between a single state and a company or group of companies, topping a $484 million deal announced in March between CVS and Florida.
Trials are underway in courts in West Virginia, Florida and California. A decision has not yet been issued after another trial last year in West Virginia.
___
AP reporter Geoff Mulvihill in Cherry Hill, New Jersey, contributed. | https://localnews8.com/news/ap-national-business/2022/05/03/washington-reaches-518m-settlement-with-opioid-distributors/ | 2022-05-03T22:55:13Z |
NEW YORK, June 20, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Bakkt Holdings, Inc. ("Bakkt" or the "Company") f/k/a VPC Impact Acquisition Holdings ("VIH") (NYSE: BKKT; BKKT WS) (NASDAQ: VIHAU; VIH; VIHAW) and certain of its former officers and directors. The class action, filed in the United States District Court for the Eastern District of New York and docketed under 22-cv-02283, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Bakkt securities between March 31, 2021 and November 19, 2021, both dates inclusive (the "Class Period"); and/or (b) Bakkt Class A common stock pursuant and/or traceable to the Offering Documents issued in connection with the business combination between the Company and Bakkt Holdings, LLC ("Legacy Bakkt") completed on or about October 15, 2021 (the "Business Combination"). Plaintiff pursues claims against the Defendants under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act").
If you are a shareholder who purchased or otherwise acquired Bakkt securities during the Class Period, or Bakkt Class A common stock pursuant and/or traceable to the Offering Documents issued in connection with the Business Combination (defined above), you have until June 20, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Bakkt was formerly known as "VPC Impact Acquisition Holdings" and operated as a special purpose acquisition company (SPAC), also called a blank-check company, which is a development stage company that has no specific business plan or purpose or has indicated its business plan is to engage in a merger or acquisition with an unidentified company or companies, other entity, or person.
On January 11, 2021, the Company and Legacy Bakkt announced entry into a definitive agreement for the Business Combination that would result in Legacy Bakkt becoming a publicly traded company with an enterprise value of approximately $2.1 billion.
On March 31, 2021, the Company filed a registration statement on Form S-4 with the U.S Securities and Exchange Commission ("SEC") in connection with the Business Combination, which, after several amendments, was declared effective by the SEC on September 17, 2021 (the "Registration Statement"). Also on September 17, 2021, the Company filed a proxy statement and prospectus on Form 424B3 with the SEC in connection with the Business Combination, which formed part of the Registration Statement (the "Proxy" and, together with the Registration Statement, the "Offering Documents").
On or about October 15, 2021, the Company and Legacy Bakkt completed the Business Combination pursuant to the Offering Documents. Thereafter, the Company changed its name to "Bakkt Holdings, Inc." and began operating a digital asset platform that enables consumers to buy, sell, convert, and spend digital assets.
The complaint alleges that the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation, and that throughout the Class Period Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had defective financial controls; (ii) as a result, there were errors in the Company's financial statements related to the misclassification of certain shares issued prior to the Business Combination; (iii) accordingly, the Company would need to restate certain of its financial statements; (iv) the Company downplayed the true scope and severity of these issues; (v) the Company overstated its remediation of its defective financial controls; and (vi) as a result, the Offering Documents and Defendants' public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein.
On May 17, 2021, Bakkt—then still operating as VIH—notified the SEC of its inability to timely file its quarterly report for the quarter ended March 31, 2021. Specifically, the Company advised that, as a result of a statement issued by the SEC, "the Company reevaluated the accounting treatment of its public warrants and private placement warrants" and "is currently determining the extent of the SEC Statement's impact on its financial statements[.]"
On this news, the Company's share price fell $0.13 per share, or 1.26%, to close at $10.18 per share on May 18, 2021.
Then, on October 13, 2021, the Company disclosed in an SEC filing that it had also previously failed to properly account for the classification of its Class A ordinary shares and "adjust[ed] . . . the initial carrying value of the Class A ordinary shares subject to possible redemption with the offset recorded to additional paid-in capital (to the extent available), accumulated deficit and Class A ordinary shares." Notably, the Company revised its balance sheet as of December 31, 2020, including, among other changes, additional paid-in capital that was reduced from $9,860,338 to nil, an accumulated deficit that ballooned from $4,861,190 to $29,250,419, and total shareholders' equity of $5,000,009 that swung to a total shareholders' deficit of $29,249,901.
Following these additional disclosures, the Company's share price fell $0.47 per share, or 4.73%, to close at $9.46 per share on October 14, 2021.
Finally, on November 22, 2021, Bakkt disclosed in another SEC filing that the Company's management "has re-evaluated . . . the accounting classification of the Class A ordinary shares . . . of [VIH] . . . and has identified errors in the historical financial statements of VIH . . . related to the misclassification . . . of the Class A Ordinary Shares prior to the [Business Combination]." Specifically, the Company found that, as a result of errors in its condensed consolidated financial statements for the year ended December 31, 2020, and the quarterly periods ended March 31, 2021, June 30, 2021 and September 30, 2021, Bakkt should "restate certain of VIH's condensed consolidated financial statements from" those periods.
On this news, Bakkt's stock price fell $2.70 per share, or 13.69%, to close at $17.02 per share on November 22, 2021.
As of the time the complaint was filed, Bakkt's Class A common stock was trading between $4 to $5 per share and continues to trade below its initial value from the Business Combination, damaging investors.
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.wibw.com/prnewswire/2022/06/20/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-bakkt-holdings-inc-fka-vpc-impact-acquisition-holdings-class-action-lawsuit-upcoming-deadline-bkkt-bkkt-ws-vihau-vih-vihaw/ | 2022-06-20T14:42:48Z |
Continued recognition as a leader among Dallas and Texas tech firms
DALLAS , June 16, 2022 /PRNewswire/ -- StackPath, a leading platform of edge computing, edge delivery, and edge security solutions, has been named the #1 best tech startup in Dallas and one of the top five tech startups in Texas for 2022 by The Tech Tribune. StackPath received these same honors in 2021, 2020, 2019, and 2018. The Tech Tribune award is based on several factors, including revenue potential, market traction, competitive differentiation, and funding.
"StackPath has been featured in both our Best Tech Startups in Dallas and our Best Tech Startups in Texas every year since our inception – that's five straight years in a row. This is an unprecedented accomplishment, and we are monumentally proud to have witnessed and cheer on their meteoric rise", said Rafael Melvin, The Tech Tribune Editor-In-Chief. "Buoyed by the recent release of their new web application firewall (WAF) packages, StackPath continues to lead both Dallas, and Texas as a whole, in edge computing innovation. This was evidenced further by their exceptional performance in SecureIQ Labs WAF testing done late last year. We look forward to many more years of honoring StackPath's contributions to edge technology, as well as the local tech startup scenes in Dallas and greater Texas."
There is a lot of buzz around the "edge". However, while the buzz has grown rapidly, actual solutions have been slower to materialize and it is not uncommon for companies to claim they are "edge" when they only offer a small piece of the puzzle such as a SaaS product or a colocation solution versus a full edge solution.
StackPath is the only provider to offer a full complement of compute products at edge locations, including virtual machines (VMs), containers and serverless as well as leading edge services such as a content delivery network (CDN) and WAF. StackPath edge compute can connect to end users up to 2.6x faster than competing cloud compute provided by public core cloud providers.
"We are honored to once again be recognized as a leader in both Dallas and Texas by The Tech Tribune", said Kip Turco, StackPath CEO. "Our edge compute, edge security, and edge delivery solutions provide new opportunities for all types of businesses that require scalability, decreased latency and reduced operational costs – not only in Texas but around the world."
StackPath is a cloud platform built at the internet's edge, providing infrastructure and services physically closer to the source or destination of data than hyperscale cloud service providers. StackPath Edge Compute (including virtual machines and containers), Edge Delivery (including CDN and serverless scripting), and Edge Security (including WAF) solutions run in edge locations strategically deployed in high-density markets and united by a secure global network and a single management system. Customers ranging from Fortune 50 enterprises to one-person startups trust StackPath to give their latency-sensitive workloads and real-time applications the speed, security, and efficiency they require.
Contact:
Susie Scott
VP, Corporate Communications, StackPath
susan.scott@stackpath.com
+1 (503) 806-3841
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SOURCE StackPath, LLC | https://www.wibw.com/prnewswire/2022/06/16/stackpath-named-best-tech-startup-dallas-fifth-consecutive-year/ | 2022-06-16T15:57:46Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Trecora Resources (NYSE: TREC)'s sale to an affiliate of Balmoral Funds, LLC for $9.81 per share in cash. If you are a Trecora shareholder, click here to learn more about your rights and options.
Covetrus, Inc. (NASDAQ: CVET)'s sale to funds affiliated with Clayton, Dubilier & Rice and TPG Capital for $21.00 per share in cash. If you are a Covetrus shareholder, click here to learn more about your rights and options.
Natus Medical Incorporated (NASDAQ: NTUS)'s sale to an affiliate of ArchiMed for $33.50 in cash per share. If you are a Natus Medical shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.mysuncoast.com/prnewswire/2022/06/07/shareholder-alert-halper-sadeh-llp-investigates-trec-cvet-ntus/ | 2022-06-07T17:52:21Z |
(The Hill) – A former district staff member for Rep. Madison Cawthorn (R-N.C.) is accusing him of improperly firing her after denying her family and medical leave, allegations the lawmaker and his office have vehemently denied.
At one point during the call, Lisa Wiggins, who was a caseworker for the 26-year-old first-term representative in his district office for over a year, described that office as having “more liquor bottles than they do water bottles.”
Cawthorn’s office insinuated that the allegations, made in a secretly recorded and released conversation with the head of an anti-Cawthorn PAC, were politically motivated, and hinted at potential counteraction by saying that they constitute “defamation of character.”
Wiggins unloaded about Cawthorn in a call with David Wheeler, the president of the anti-Cawthorn American Muckrakers PAC more commonly known as Fire Madison Cawthorn, accusing him of “denying me my FMLA” leave when her uncle died and her husband suffered a heart attack the same week.
Wiggins did not know the call was being recorded, and Wheeler assured her that there was no way Cawthorn could know that they talked. North Carolina has a “one-party consent” state wiretapping law, allowing just one person who is party to a conversation to record it without the knowledge of the other party.
Wiggins, who was not ready to share her personal story and was shell-shocked at statements she made in confidence being made public, declined to elaborate on the accusations or confirm that a workplace complaint had been filed against Cawthorn when reached by The Hill on Monday.
But Wiggins did confirm that she is working for a GOP challenger to Cawthorn, retired Army Col. Rod Honeycutt. She started supporting Honeycutt’s campaign after Cawthorn had said he would run in a new adjacent district before switching back to the district encompassing most of his current western Appalachian territory.
“It’s not as though I was just working for him against Cawthorn. Cawthorn was no longer going to be working in this district. And he also gave me blessing to do so when he left the district,” Wiggins told The Hill.
Wheeler said that the call took place last week on April 12. He released the audio from the conversation on the PAC’s website on Monday, and a report about it from local outlet Smoky Mountain News soon followed.
“I recorded it for my notes because I usually transcribe notes out, and she just kept going on and on. I realized I had a bombshell on my hands,” Wheeler told The Hill. “I just think it was in the public’s interest to hear this story.”
During the call, Wiggins told Wheeler that she was fired three days after she was given a warning that did not specify what she was being warned about. She added that being in her 40s, she was the oldest caseworker that Cawthorn had.
The former staffer told Wheeler that she was working with a lawyer on Capitol Hill to take action against the congressman. A complaint about that issue would likely be filed with the Office of Congressional Workplace Rights, the entity that handles workplace issues for congressional staff, which keeps such matters confidential.
In the recorded call, Wiggins said that Cawthorn closed all of his district offices except his Hendersonville office and described staff as partying and “drinking like crazy.”
“They have more liquor bottles than they do water bottles,” Wiggins told Wheeler. “There’s always all kind of animals in there. Kittens, puppies, you know. There’s a litter box in there, for heaven’s sake. I’m not against animals, don’t get me wrong, but it’s not professional.”
She plainly expressed her dislike of Cawthorn.
“He’s just a bad person, he’s a habitual liar, and he’s going to say and do anything he can to your face, but behind your back it’s completely opposite,” Wiggins said in the call.
Wiggins said during the call that while “we all want the ultimate goal of him not ever serving again” and that she wished the news of her complaint would “hit the front newspaper,” she repeatedly said during the call that she could not go public with her claims.
“I can’t release it until the end, cause it can hinder my case,” she said.
Cawthorn’s office refuted Wiggins’s claims.
“These accusations are verifiably false. The individual spreading these disgusting allegations is currently working for a primary opponent of Congressman Cawthorn,” spokesman Luke Ball said in a statement. “We believe these comments potentially amount to defamation of character, and are exploring options to ensure the Congressman’s name emerges from these slanderous remarks unscathed.”
Ball added that to his knowledge, Cawthorn’s office had not gotten notice of a complaint filed with the Office of Congressional Workplace Rights.
The allegations add to a growing list of recent troubles for Cawthorn, who has come under fire from fellow Republican colleagues for incendiary statements and actions in recent weeks.
Cawthorn was recently charged with driving with a revoked license. Last month, he called Ukrainian President Volodymyr Zelensky a “thug.” On a recent podcast, Cawthorn alleged that he had been invited to an orgy in Washington, D.C. and said people who advocate for addiction treatment will do “a key bump of cocaine right in front of you.”
That prompted a stern public rebuke from House Minority Leader Kevin McCarthy (R-Calif.), who told reporters that Cawthorn had “lost my trust” and has “got to turn himself around.”
It has also put pressure on his reelection prospects. Sen. Thom Tillis (R-N.C.) recently endorsed state Sen. Chuck Edwards, one of Cawthorn’s challengers. Cawthorn needs to secure at least 30 percent support in his May 17 primary in order to avoid a primary runoff. | https://cw33.com/news/secretly-recorded-call-adds-to-controversy-swirling-around-cawthorn/ | 2022-04-20T18:59:27Z |
BERLIN (AP) — Germany’s president has appealed to the organizers of this year’s documenta fifteen art show to do more to tackle the antisemitism allegations surrounding the event.
The show, which takes place every five years in the German city of Kassel and is considered a major event in the international art calendar, is curated this year by the Indonesian group Ruangrupa. The group was accused of inviting organizations from developing countries who support a boycott of Israel because of the country’s treatment of Palestinians.
Speaking Saturday at the show’s official opening, German President Frank-Walter Steinmeier said “there are limits” to what artists can do when they address political issues.
“As justified as some criticism of Israeli policies, such as the building of settlements, is, recognizing Israeli statehood means recognizing the dignity and security of the modern Jewish community,” he said.
“As Germany’s president I say for my country: Recognizing Israel is the basis and condition for debate here,” he added.
Steinmeier said he had hoped for a proper debate between representatives from developing countries and the Jewish communities in Germany and Israel ahead of the show.
He called on documenta organizers not to outsource their responsibility to the Indonesian curators, but instead to take on the role of mediators and “create appropriate structures” for debate.
Many of the show’s exhibits address issues of colonialism from the perspective of the global South.
About 1 million people are expected to visit the documenta fifteen, which runs for 100 days. | https://cw33.com/entertainment-news/ap-entertainment/major-german-art-show-opens-amid-antisemitism-controversy/ | 2022-06-18T19:27:42Z |
With more than $9 billion in royalties already distributed and a growing community of 570,000 creators, SoundExchange is unlocking new technology initiatives to shape the future of the music business
WASHINGTON, June 6, 2022 /PRNewswire/ -- SoundExchange, the premier music tech organization powering the future of music, today unveiled the next generation of solutions to make the business of music easier and fairer including a new mobile app, look, and website that will serve as a resource for creators, publishers, and digital service providers. These new tools are the latest example of how SoundExchange supports a growing community of more than 570,000 creators with strategic, tech-forward initiatives, distributing more than $9 billion since inception.
The rollout begins with a new app that enables creators on the go to manage their business and makes it easy for them to track royalty payments they are due. The revamped website and its associated portals will be trusted online resources used by creators to get paid; companies to search, identify, and track music; managers to oversee their clients' rights and payments; and digital service providers to help fulfill their obligations.
"The new tools, look, and mobile app reflect SoundExchange's commitment to building a fairer, simpler, and more efficient music industry. We believe creators deserve to be treated equitably and paid in line with the true value of their music," said Michael Huppe, president and CEO of SoundExchange. "This is the first step in an exciting new chapter in our journey to support and advocate for creators. We will continue to innovate to meet the moment in the ever-changing music industry."
The new easy-to-use website and new mobile-based app (now available in the app store for Google/Android and Apple/IOS) allow creators registered with SoundExchange and their teams to manage royalty payments from their mobile device. SoundExchange is also launching new digital tools that make it easier to ensure creators are receiving the royalty payments they are due. A Sizzle reel that encompasses the new look and feel is available on YouTube.
"Creators put their blood, sweat, and sometimes even tears into making music that moves and inspires," said three-time Grammy Award-winning American rapper and actor Christopher "Ludacris" Bridges. "SoundExchange is leading the way toward a fairer music industry by using technology to help creators overcome barriers and advocating on behalf of artists for long-overdue changes that would make sure creators are paid equitably and fairly."
"Artists care so deeply about the music they create," said Billie Eilish, a seven-time Grammy Award winning singer-songwriter. "The work that SoundExchange does ensures that artists can focus on making music that inspires, and that all members of the creative process are valued, respected, and supported for their work."
SoundExchange is also exploring faster and more convenient ways to get royalty payments directly to creators, probing data partnerships that increase distribution efficiency, continuing international royalty collection work, and doubling down on advocacy efforts by calling for the passage of the American Music Fairness Act to end the injustice of creators being denied payment when their work is played on AM/FM radio.
"SoundExchange is accelerating its ongoing efforts to embrace new technology to advance our mission of supporting creators," added Huppe. "Creators should expect to hear more exciting news from us in the coming months on how we will make it easier for them to receive their royalty payments."
About SoundExchange:
SoundExchange is the premier music tech organization on a mission to power the future of music. It was independently formed in 2003 to build a fairer, simpler, and more efficient music industry through technology, data, and advocacy. The only organization designated by the U.S. government to administer the Section 114 sound recording license, SoundExchange collects and distributes digital performance royalties on behalf of 570,000 music creators and growing. Through proprietary music tech solutions that turn data into accurate revenue, SoundExchange has paid more than $9 billion in distributions to date. For more information, visit soundexchange.com.
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SOURCE SoundExchange | https://www.kxii.com/prnewswire/2022/06/06/soundexchange-powers-future-music-with-release-new-mobile-app-tools-look/ | 2022-06-06T16:00:38Z |
CARLSBAD, N.M., July 19, 2022 /PRNewswire/ -- NextMart, Inc. (the "Company" or "NXMR" - Pink Sheets Alternative Reporting Pink: NXMR) – NXMR would like to announce the development of two new water stations in the Carlsbad, New Mexico are.
The Permian Basis is currently growing at an exponential rate with regards to the new production of oil and gas properties. The Company believes that there will be a corresponding increase in needs to oil field services including water stations which are required for the development and operation of oil and gas leases. As such, the new management of the Company is in the process of building out two new water stations in the Carlsbad area.
Mr. Maldonado (CEO of the Company), states…"Since starting as the new CEO of the Company, I have been trying to expand our top line revenue base. By opening two new water stations in Carlsbad, we will become a main source of the large amount of new and growing water requirements in the Permian Basin for oil and gas producers. We expect these operations to be up quickly and be in full operation during the third quarter. This is only one of our many planned future expansions to the revenue producing operations of the Company. We will be announcing several new additional revenue initiatives over the coming weeks and months."
Certain statements that we make may constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. The statements contained herein may contain certain forward-looking statements relating to NXMR that are based on the beliefs of NXMR's management as well as assumptions made by and information currently available to NXMR's management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to the NXMR's business prospects, future developments, trends and conditions in the industry and geographical markets in which NXMR operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, overall market trends, risk management and exchange rates.
NextMart, Inc., a Delaware Corporation, is a public quoted Pink Sheet issuer under the ticker symbol "NXMR". Currently, NXMR currently is a shell company with a new management team with plans to become a current alternative reporting issuer with OTC Markets. The Company is currently looking for an appropriate business acquisition.
Company Web Site: https://nextmartcorporation.com/
Emco Oilfield Services, LLC Web Site: https://emcooilfield.com/
Twitter: @CorporationNxmr
Company Email: info@nextmarkcorporation.com
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SOURCE NextMart, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/19/nextmart-inc-new-water-stations/ | 2022-07-19T18:02:21Z |
New location marks Jollibee's second in the Greater Washington, D.C. Area and its 82nd in North America
WEST COVINA, Calif., June 23, 2022 /PRNewswire/ -- Jollibee, the global fast-food brand that is taking America by storm, is proud to announce the opening of its first location in Alexandria, Virginia on Sunday, June 26, 2022. Beloved worldwide for its delicious fried chicken, "Chickenjoy," Jollibee looks forward to serving its loyal fans who call Northern Virginia home and invites first-timers to discover for themselves why people line up for hours to get a first taste of its mouth-watering menu items, which are always served with joy.
Located at 4809 Beauregard Street in the Plaza at Landmark shopping center, the new Jollibee Alexandria restaurant will be open seven days a week, from 9:00AM – 11:00PM daily. Customers can choose to dine at the restaurant or take their food to enjoy on-the-go. The restaurant offers convenient proximity to many surrounding Northern Virginia communities, with the fast-food brand ready to entice a new legion of fans – from D.C. commuters and suburban families to visiting tourists from around the U.S. and the world – who are hungry to try something deliciously new and different.
"We received an incredibly warm welcome last year when we first opened our doors in the DMV with our Wheaton, Maryland location," said Maribeth Dela Cruz, Business Group Head, Honeybee Foods Corporation dba Jollibee. "We knew immediately that we wanted to offer a convenient location on the southern side of D.C. so that those who live, work and play in Northern Virginia could enjoy their Jollibee favorites without having to travel far."
Jollibee's mission is to bring people together through the joy of eating by serving great-tasting food at a great value. Some customer favorites include:
- Chickenjoy: Jollibee's flagship product, Chickenjoy, is delicately hand-breaded to be crispy on the outside, cooked with precision to be juicy on the inside, and marinated to the bone for next-level flavor.
- Spicy Chickenjoy: Another top seller is Spicy Chickenjoy, which is the fiery version of the classic Chickenjoy.
- Jollibee Chicken Sandwich: This sandwich features a crispy, juicy chicken breast fillet, spread with umami mayo, and served on a toasted brioche bun. Find out why this newly launched sandwich shot to the top of the menu charts.
- Jollibee Spicy Chicken Sandwich: A spicy version of the original chicken sandwich features sriracha mayo and fresh jalapeños for added crunch and heat.
- Peach Mango Pie: Make sure to leave room for this mouth-watering dessert made with peaches and real Philippine mangoes enveloped in a light and crispy crust.
Jollibee store openings in the U.S. and around the world are known for drawing massive crowds, with longtime fans and curious newcomers alike lining up for hours – or even days – just to be among the first customers. At Jollibee's recent opening in Vancouver, B.C., Canada, the line began forming the night before, with several hardcore fans camping out overnight to secure their front-of-the-line spot. By lunchtime on opening day, the line wrapped around four blocks, as thousands of excited customers showed up to get their Jollibee fix.
Jollibee's new Alexandria store marks its 82nd restaurant in North America and joins its existing location in Virginia Beach (4541 South Plaza Trail Drive), which is where the global fast-food brand first opened its doors in Virginia back in 2013.
Stay updated on Jollibee's upcoming store openings by following @jollibeeus on Facebook and @jollibeeus on Instagram.
About Jollibee Group
Jollibee Foods Corporation (JFC, also known as Jollibee Group) is one of the fastest-growing restaurant companies in the world. It operates in 34 countries, with over 6,200 stores globally with branches in the Philippines, United States, Canada, the People's Republic of China, United Kingdom, Italy, Spain, Vietnam, Brunei, Singapore, Saudi Arabia, United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Indonesia, Costa Rica, Egypt, Panama, Malaysia, South Korea, India, and Australia.
Jollibee Group has eight wholly owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger); six franchised brands (Burger King, Panda Express, PHO24, and Yoshinoya in the Philippines; Dunkin' and Tim Ho Wan in certain territories in China); 80% ownership of The Coffee Bean and Tea Leaf; 60% ownership in the SuperFoods Group that owns Highlands Coffee and PHO24; and 51% ownership of Milksha, a popular Taiwanese bubble tea brand.
Jollibee Group, through its subsidiary Jollibee Worldwide Pte. Ltd. (JWPL) owns 90% participating interest in Titan Dining LP, a private equity fund that ultimately owns the Tim Ho Wan brand. It also has a joint venture with the THW Group to open and operate THW restaurants in Mainland China. Jollibee Group also has a business venture with award-winning Chef Rick Bayless for Tortazo, a Mexican fast-casual restaurant business in the United States.
Jollibee Group was named the Philippines' most admired company by the Asian Wall Street Journal for ten years. It was also honored as one of Asia's Fab 50 Companies and among the World's Best Employers and World's Top Female-Friendly Companies by Forbes. In 2020, Gallup awarded the Jollibee Group with the Exceptional Workplace Award, making it the first Philippine-based company to receive the distinction.
Jollibee Group has grown brands that bring delightful dining experiences to its customers worldwide, thus spreading the joy of eating to everyone. To learn more about Jollibee Group, visit www.jollibeegroup.com.
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SOURCE Jollibee | https://www.kxii.com/prnewswire/2022/06/23/global-fast-food-sensation-jollibee-brings-its-joy-northern-virginia-with-new-store-opening-alexandria-va-june-26-2022/ | 2022-06-23T14:40:05Z |
- Onyx Edition now offers two engine options
- Outback receives an updated look with redesigned front fascia and exterior cladding
- Latest version of EyeSight® Driver Assist Technology with Wide-Angle Mono Camera
- Updated Multimedia system with wireless Apple CarPlay® and Android™ Auto
CAMDEN, N.J., April 13, 2022 /PRNewswire/ -- Subaru of America, Inc. today debuted the 2023 Outback at the New York International Auto Show. The legendary SUV receives updated styling as well as new safety and in-vehicle technologies. Also new for 2023, the Onyx Edition trim level will be available with two engine options.
For 2023 model year, Outback will be available in Base, Premium, Onyx Edition, Wilderness, Limited, and Touring trim levels when it arrives in Subaru retailers this fall. The XT models and Wilderness come standard with the powerful 2.4-liter turbo engine. Also, a new Wide-Angle Mono Camera is added to Touring models.
The Outback lineup (except the recently released Wilderness) receives a bolder look thanks to a new front fascia incorporating a more prominent grille; redesigned LED headlights and fog lights; and a more rugged front bumper cover. On the sides, the expanded wheel arch cladding adds to the vehicle's bolder new look while providing additional protection.
The 2023 Outback comes standard with the latest version of EyeSight Driver Assist Technology. The enhanced system operates more smoothly and under a greater range of conditions. These improvements are thanks to a wider field of view, updated control software, and the addition of an electric brake booster.
The top-level Touring trim adds a Wide-Angle Mono Camera that works together with the dual-camera EyeSight system. The additional camera further expands the field of view to recognize pedestrians and bicycles sooner when the vehicle enters an intersection at low speed. EyeSight gives an alert to the driver, and, when necessary, applies brakes to avoid collisions with crossing bicycles and pedestrians. Also new for Touring is a full LCD Smart Rear-View Mirror with auto-dimming, compass, and Homelink®.
On models equipped with Blind-Spot Detection with Lane Change Assist and Rear Cross-Traffic Alert, EyeSight includes Automatic Emergency Steering. The new feature works in conjunction with the Pre-Collision Braking System to help avoid a collision at speeds less than 50 mph.
ONYX EDITION UPDATES
The Onyx Edition is now available with the 2.5-liter naturally aspirated SUBARU BOXER® engine. The Onyx Edition features black-finish exterior elements, 18-inch alloy wheels, and badging as well as an exclusive gray two-tone interior. Further, the seats are wrapped in a water-repellant durable StarTex® material. The Onyx Edition builds on the Premium trim and adds Hands-Free Power Gate; Front View Monitor; Dual-Mode X-MODE; and full-size spare tire.
PERFORMANCE AND CAPABILITY
The 2023 Outback delivers the optimal blend of SUV capability and car-like ride and handling with standard Subaru Symmetrical All-Wheel Drive, Active Torque Vectoring, Vehicle Dynamics Control and X-MODE with Hill Descent Control. The 8.7 inches of ground clearance (9.5 inches for Wilderness) is greater than that of many SUVs, yet the Outback maintains a comfortably low step-in height for both front and rear passenger entry.
Standard on XT models, the 2.4-liter turbocharged BOXER engine delivers robust all-around performance with 260 horsepower at 5,600 rpm and 277 lb-ft of torque at 2,000 rpm. Meanwhile, the standard naturally aspirated 2.5-liter BOXER has a responsive 182 horsepower at 5,800 rpm and 176 lb-ft of torque at 4,400 rpm.
All 2023 Outback models are paired with a Lineartronic CVT featuring an 8-speed manual mode function with steering wheel paddle shifters. The 2.4-liter turbo delivers an estimated 23/30 mpg city/highway and has a 3,500-lb. towing capacity, the most of any Outback in history. The 2.5-liter achieves up to an estimated 33 mpg and a range of more than 600 miles on a single tank.
STRUCTURE AND SAFETY
Introduced for 2017, the Subaru Global Platform has been optimized for the Outback, boasting a structure that is 70-percent stiffer in both torsional and front-suspension rigidity. It is also 100-percent stiffer in both front lateral flexural and rear subframe rigidity compared to the previous Outback's platform. Crash protection is improved, as the new body absorbs over 40-percent more energy in front/side crashes than the prior model. When a crash is unavoidable, the Outback protects driver and passengers with eight standard airbags, including a driver knee airbag. Subaru expects the 2023 Outback will achieve top safety scores when it is tested later this year, including a TOP SAFETY PICK+ rating from the Insurance Institute for Highway Safety (IIHS).
Standard EyeSight Driver Assist Technology includes Advanced Adaptive Cruise Control with Lane Centering, which provides steering assist when the vehicle veers toward the outside of its lane, helping the driver maintain a direct path. The DriverFocus™ Distraction Mitigation System uses a dedicated infrared camera and facial recognition technology to identify signs of driver fatigue or distraction and provides audio and visual warnings to alert the driver and passengers. Additional available driver-assist technologies include Reverse Automatic Braking; and EyeSight Assist Monitor with head-up display.
An available Front View Monitor captures images within the driver's blind spots in front of the vehicle and displays a 180-degree view on the 11.6-inch display, providing safety and assistance when checking road conditions ahead, parking, and off-roading.
COMFORT, CONVENIENCE, AND VERSATILITY
All trim levels feature power door locks, windows and side mirrors; Welcome Lighting; Sound Insulation Windshield; and One-Touch Folding Rear Seats. Moving up to the Premium trim adds the All-Weather Package; a 10-way power front driver seat with lumbar support; and LED rear gate light. The Limited trim gains Keyless Entry with Push-Button Start and heated rear seats (outboard position). The Touring trim adds ventilated front seats and a heated steering wheel (360-degree) to its roster of standard features.
For powering and pairing personal devices, Outback provides front and rear USB A ports and two 12-volt DC power sockets as standard. Front and rear USB C ports are added to Premium trim and higher.
With a cargo floor length of 75 inches with the rear seatbacks folded, the 2023 Outback offers up to 75.6 cu ft of cargo. And with a wide rear gate opening, the Outback can comfortably accommodate long items such as camping gear, golf clubs or strollers. For added convenience while loading the vehicle, an available Hands-Free Power Gate allows the owner to open the rear gate by simply waving in front of the Subaru emblem (positioned in the center of the rear gate), and a single-touch lifting cargo cover provides easier access. For additional cargo versatility, the Outback offers standard roof rails with tie-down points and integrated and retractable cross bars. Outback Wilderness retains its stronger roof rails that allow for roof tent capability.
BOLD DESIGN
The Outback's exterior emphasizes ruggedness and functionally while evoking a sense of adventure. For 2023, the Outback lineup (except Wilderness) receives a new front fascia that includes an aggressive front bumper cover; larger grille; and redesigned LED headlights and fog lights. The wheel arch cladding has been updated to improve functionality.
The interior design uses a wide windshield and long lines from the center of the instrument panel to the door panels to create an open environment. The tablet-style 11.6-inch Full HD center information display (dual 7.0-inch display on base) offers direct touch controls for multimedia, HVAC, X-MODE, and vehicle settings.
The top-of-the-line Touring trim leverages luxurious appointments inside and out, including new Black Nappa leather with contrasting tan stitching, high-gloss black molding for the pillars, chrome plating decorated door handles and satin tone plated side mirrors.
SUBARU IN-VEHICLE TECHNOLOGY
The 2023 Outback debuts the latest version of the STARLINK 11.6-inch Multimedia Plus system with standard wireless Apple CarPlay® and Android™ Auto with full screen display. The system features an 11.6-inch high-resolution touchscreen with combination meter integration and improved on-screen controls for audio, HVAC, X-MODE and vehicle features. Additional standard features include new Valet Mode; Bluetooth® hands-free phone and audio streaming connectivity; AM/FM stereo; rear vision camera; SiriusXM® All-Access Radio and SiriusXM Travel Link® (4-month free subscriptions); HD Radio®; and over-the-air updates.
The 11.6-inch Multimedia Navigation system includes voice -activated navigation powered by the latest version of TomTom® and SiriusXM Travel Link (3-year free subscription).
The 2023 Outback is the first vehicle in the Subaru model line up to integrate what3words (W3W), an innovative location technology that provides a simple way to communicate precise locations using just three simple words. W3W has divided the world into a grid of 10-foot squares and given each square a unique combination of three words -- a what3words address. Customers can navigate to and share trailheads, scenic overlooks and other hard to find places with precise accuracy using just three words. The feature is standard on models equipped with the STARLINK 11.6-inch Multimedia Navigation system.
The Outback is built at Subaru of Indiana Automotive (SIA) in Lafayette, Indiana along with the Ascent, Impreza, and Legacy.
About Subaru of America, Inc.
Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile manufacturing plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $270 million to causes the Subaru family cares about, and its employees have logged nearly 78,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do.
Todd Hill
Manager, Product Public Relations
856.488.3234
thill@subaru.com
Jessica Tullman
Product Communications
310.352.4400
jtullman@subaru.com
Charles Ballard
Product & Technology Communications
856.488.8759
cballard@subaru.com
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SOURCE Subaru of America, Inc. | https://www.kxii.com/prnewswire/2022/04/13/subaru-debuts-refreshed-2023-outback-suv-new-york-international-auto-show/ | 2022-04-13T14:06:14Z |
MILPITAS, Calif., July 6, 2022 /PRNewswire/ -- KLA Corporation ("KLA") (NASDAQ: KLAC) today announced the early results of the previously announced cash tender offer (the "Tender Offer") for up to $500,000,000 aggregate principal amount (the "Maximum Amount") of its 4.650% Senior Notes due 2024 ("Notes").
The Maximum Amount represents the aggregate principal amount of Notes subject to the Tender Offer and excludes any Accrued Interest or Early Tender Payment (each as defined below). The Tender Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase, dated June 21, 2022 (as amended or supplemented from time to time, the "Offer to Purchase"), which sets forth a detailed description of the Tender Offer. The Tender Offer is open to all registered holders (individually, a "Holder" and collectively, the "Holders") of Notes.
The early results of the Tender Offer are summarized in the table below:
The consideration to be paid in the Tender Offer for Notes validly tendered and expected to be accepted for purchase as described in the Offer to Purchase (the "Total Consideration") will be determined at 9:00 a.m., New York City time, on July 6, 2022.
As of 5:00 p.m., New York City time, on July 5, 2022 (the "Early Tender Date"), as reported by D.F. King & Co., Inc., the Tender and Information Agent for the Tender Offer, the principal amount of Notes listed in the table above have been validly tendered and not validly withdrawn. The Withdrawal Deadline (as defined in the Offer to Purchase) of 5:00 p.m., New York City time, on July 5, 2022 has passed and, accordingly, Notes validly tendered in the Tender Offer may no longer be withdrawn.
KLA expects to accept for purchase and make payment for Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date on July 7, 2022 (the "Early Settlement Date"), subject to proration. Because the aggregate principal amount of Notes validly tendered exceeds the Maximum Amount, KLA expects that it will accept validly tendered Notes on a prorated basis in accordance with the Offer to Purchase.
Because KLA expects to accept for purchase the Maximum Amount of Notes, no additional Notes will be purchased pursuant to the Tender Offer after the Early Settlement Date. As described in the Offer to Purchase, all Notes tendered and not accepted for purchase will be promptly returned to the tendering Holder's account.
Holders of all Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date and accepted for purchase are eligible to receive the Total Consideration, which includes the Early Tender Payment of $30 per $1,000 principal amount of Notes tendered at or prior to the Early Tender Date (the "Early Tender Payment"). In addition to the Total Consideration, Holders of Notes accepted for purchase will receive accrued and unpaid interest up to, but not including, the Early Settlement Date ("Accrued Interest").
KLA expressly reserves the right, in its sole discretion, subject to applicable law, to terminate the Tender Offer at any time prior to the Expiration Date (as defined in the Offer to Purchase). The Tender Offer is not conditioned on any minimum principal amount of Notes being tendered but the Tender Offer is subject to certain conditions as described in the Offer to Purchase.
KLA has retained BofA Securities and Citigroup to act as the dealer managers (the "Dealer Managers") for the Tender Offer. D.F. King & Co., Inc. has been retained to act as the Tender and Information Agent for the Tender Offer. Requests for assistance relating to the procedures for tendering Notes may be directed to the Tender and Information Agent either by email at kla@dfking.com, or by phone (212) 269-5550 (for banks and brokers only) or (800) 290-6424 (for all others toll free). Requests for assistance relating to the terms and conditions of the Tender Offer may be directed to BofA Securities at (980) 387-3907 (collect) or (888) 292-0070 (toll-free) or via email at debt_advisory@bofa.com or to Citigroup at (212) 723-6106 (collect) or (800) 558-3745 (toll-free) or via email at ny.liabilitymanagement@citi.com. Beneficial owners may also contact their broker, dealer, commercial bank, trust company or other nominee for assistance.
This press release shall not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders with respect to, Notes. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. The Tender Offer is being made solely pursuant to the Offer to Purchase made available to Holders of Notes. None of KLA, the Dealer Managers, the Tender and Information Agent or the trustee with respect to Notes, or any of their respective affiliates, is making any recommendation as to whether or not Holders should tender or refrain from tendering all or any portion of their Notes in response to the Tender Offer. Holders are urged to evaluate carefully all information in the Offer to Purchase, consult their own investment and tax advisers and make their own decisions whether to tender their Notes in the Tender Offer, and, if so, the principal amount of Notes to tender.
KLA develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward.
Statements in this press release other than historical facts, such as statements regarding the Tender Offer, are forward-looking statements. These forward-looking statements are based on current information and expectations and involve a number of risks and uncertainties. Actual results may differ materially from those projected in such statements due to various factors, including but not limited to: the impact of the COVID-19 pandemic on the global economy and on our business, financial condition and results of operations, including the supply chain constraints we are experiencing as a result of the pandemic; economic, political and social conditions in the countries in which we, our customers and our suppliers operate, including rising inflation and interest rates, Russia's invasion of Ukraine and global trade policies; disruption to our manufacturing facilities or other operations, or the operations of our customers, due to natural catastrophic events, health epidemics or terrorism; ongoing changes in the technology industry, and the semiconductor industry in particular, including future growth rates, pricing trends in end-markets, or changes in customer capital spending patterns; our ability to timely develop new technologies and products that successfully anticipate or address changes in the semiconductor industry; our ability to maintain our technology advantage and protect our proprietary rights; our ability to compete with new products introduced by our competitors; our ability to attract and retain key personnel; cybersecurity threats, cyber incidents affecting our and our service providers' systems and networks and our ability to access critical information systems for daily business operations; liability to our customers under indemnification provisions if our products fail to operate properly or contain defects or our customers are sued by third parties due to our products; exposure to a highly concentrated customer base; availability and cost of the wide range of materials used in the production of our products; our ability to operate our business in accordance with our business plan; legal, regulatory and tax environments in which we perform our operations and conduct our business and our ability to comply with relevant laws and regulations; our ability to pay interest and repay the principal of our current indebtedness is dependent upon our ability to manage our business operations, our credit rating and the ongoing interest rate environment, among other factors; instability in the global credit and financial markets; our exposure to currency exchange rate fluctuations, or declining economic conditions in those countries where we conduct our business; changes in our effective tax rate resulting from changes in the tax rates imposed by jurisdictions where our profits are determined to be earned and taxed, expiration of tax holidays in certain jurisdictions, resolution of issues arising from tax audits with various authorities or changes in tax laws or the interpretation of such tax laws; and our ability to identify suitable acquisition targets and successfully integrate and manage acquired businesses. For other factors that may cause actual results to differ materially from those projected and anticipated in forward-looking statements in this press release, please refer to KLA's Annual Report on Form 10-K for the year ended June 30, 2021, and other subsequent filings with the Securities and Exchange Commission (including, but not limited to, the risk factors described therein). KLA assumes no obligation to, and does not currently intend to, update these forward-looking statements.
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SOURCE KLA Corporation | https://www.kxii.com/prnewswire/2022/07/06/kla-corporation-announces-early-results-previously-announced-cash-tender-offer/ | 2022-07-06T13:32:48Z |
Last beagle adopted from Humane Society of Sarasota County
SARASOTA, Fla. (WWSB) - The last of 18 beagles turned over to the Sarasota County Humane Society has been adopted.
HSSC in partnership with the Humane Society of the United States, took possession of 4,000 beagles from Envigo, a mass breeding facility that has received multiple violations for issues such as inadequate veterinary care and insufficient food.
HSSC said that many of the dogs had been bound to animal testing facilities. Of the 4,000 beagles, HSSC saved 18 of the beagles. Other Humane Societies across the country have taken in the rest of the dogs and will work on finding them a good home.
The Humane Society of the United States took on the task of caring for the rescued animals, disbursing them around the U.S. The Sarasota County chapter received 18 pups, who were quarantined for about seven days -- until Thursday, when they were able to run free for the first time.
And now, Sarasota County Humane Society is confirming that all of the beagles have found forever homes. All beagles adopted from HSSC were neutered, microchipped, dewormed, heartworm tested, current on vaccinations and flea, tick, and parasite preventatives.
Help fund the beagle rescue effort by visiting: www.hssc.org/give/donate/donate-now
But if you are looking for a four-legged addition to your family, the Humane Society has more animals in need of loving homes. You can visit them here.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/06/last-beagle-adopted-sarasota-county-humane-society/ | 2022-09-06T17:34:44Z |
DALLAS (KDAF) — It’s easy to pop out the credit card and give it a good ole’ swipe when your debit card funds are running low; which means it’s fairly easy to rack up some credit card debt the more you swipe.
Well, WalletHub put together a study looking at 2022’s rankings of states with the highest and lowest credit card debt and they said, “At the beginning of 2022, Americans owed over $1 trillion in credit-card debt. Big debt increases during 2021 wiped out progress made from record-setting payoffs in 2020 made possible by stimulus checks.”
No one ever seeks to be in debt and it’s far too easy to get deeper and deeper into debt than it is to get yourself out of it unless you’re just ridiculously financially disciplined. Wallethub looked at TransUnion credit data to find the cost and time required to pay off balances across the U.S.
A quick look at the 10 highest & lowest:
The great state of Texas landed at No. 25 in the rankings with a median credit card debt of $2,404, a cost to pay off of -$212 and it takes 12 months and 24 days to pay it off. For the full findings of this study and more, click here. | https://cw33.com/news/texas/a-look-at-2022s-states-with-highest-lowest-credit-card-debts-how-did-texas-fare/ | 2022-07-27T19:49:00Z |
SAN DIEGO, June 21, 2022 /PRNewswire/ -- The BXNG Club (BXNG), a revolutionary and long-time leader in combat sports and fitness announced today its new location in the heart of booming Rancho Bernardo. This will be the combat sports leader's fourth overall location with 16,000 sqft for signature programs and offerings with an opening date scheduled for early 2023. As Rancho Bernardo continues to be home to incredible corporations, schools, local businesses, wineries, and more - there is complete alignment for BXNG expansion in Rancho Bernardo.
Since 1999, The BXNG Club has had a reputation for distinctively combining authentic combat sports, expert coaching and luxury alongside winning multiple awards, such as San Diego's Best Gym in 2021 and record high enrollment numbers.
"This is what we have always been working so hard towards and it is another step forward towards - expansion. We've heard our members time and time again in regards to wanting San Diego to be a hub of strategically placed BXNG locations. We are confident that BXNG will bring untethered energy and spark a new wave of cutting-edge fitness in the canyons of RB and its families and businesses with programming tailored for beginner to advanced levels.", said CEO and owner of The BXNG Club, Artem Sharoshkin.
"Corporate headquarters such as Sony Electronics, HP, Microsoft, Amazon, and Northrup Grumman, to name a few provides confidence that Rancho Bernardo is a place for advancement and a place for BXNG. Business professionals find that The BXNG Club complements their lifestyle with top amenities, accessible and wide-ranged classes, and a like-minded community that is fun, supportive, and motivating. We are incredibly excited and grateful for the opportunity to border other innovative companies and their teams. The BXNG Club is appreciative to be in close proximity to various people such as working professionals and their families to elevate and deliberately evolve our brand.", said CEO, Artem Sharoshkin.
The new club will include more than 50 boxing heavy bags, professional full-size boxing rings, a grappling area, an indoor cycling studio, a functional training area, a specialized cardio deck & weight room, a recovery studio, locker rooms, saunas, and a members lounge. The BXNG Club offers a wide lineup of programs taught by world-class coaches ranging from boxing, kickboxing, Muay Thai, jiu-jitsu, yoga, strength training, cycling, high-intensity interval training, and more. With over 100 classes a week - unlimited classes is truly limitless.
The BXNG Club will be launching an exclusive pre-sale for founding members late Summer 2022 with a scheduled opening to follow in Winter 2022-2023.
The BXNG Club has been a combat sport and fitness leader since 1999. Known for creating award-winning locations with special attention to design and world-class instruction spanning from boxing, kickboxing, Muay Thai, Jiu-Jitsu, strength training, yoga, and other fitness disciplines. The BXNG Club emphasizes premier fitness clubs with a focus on lifestyle, community and learning from former / current professional fighters.
CONTACT: Mackie Dideriksen, +16199972203, mackenna.d@thebxngclub.com
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SOURCE The BXNG Club | https://www.kxii.com/prnewswire/2022/06/21/bxng-club-expands-again-with-new-rancho-bernardo-club/ | 2022-06-21T19:58:14Z |
TUCSON, Ariz., May 16, 2022 /PRNewswire/ -- Accelerate Diagnostics, Inc. (Nasdaq: AXDX) today announced financial results for the first quarter for the period ended March 31, 2022.
"First quarter financial results were consistent with our expectations," commented Jack Phillips, Chief Executive Officer of Accelerate Diagnostics, Inc. "We also launched new products, progressed key R&D milestones, and improved our balance sheet position during the quarter."
First Quarter 2022 Highlights
- Added 2 contracted instruments and brought 5 instruments live in the U.S. in the quarter.
- Added numerous Arc evaluation contracts in the U.S.
- Ended the first quarter with 313 U.S. clinically live and revenue-generating instruments, with another 76 U.S. contracted instruments in the process of being implemented and not yet revenue-generating.
- Net sales were $3.0 million, compared to $2.5 million in the first quarter of 2021, or a 20% increase. Growth driven by a 29% increase in recurring revenues.
- Gross margin was 27% for the quarter, compared to 36% in the first quarter of 2021. The decrease in gross margins resulted from continued increases in the costs of inputs to production and other factors.
- Selling, general, and administrative (SG&A) costs for the quarter were $10.7 million, compared to $14.0 million from the same quarter of the prior year. SG&A costs for the quarter excluding non-cash stock-based compensation were $8.2 million, compared to $8.0 million from the same quarter of the prior year. Cash used in SG&A was relatively unchanged.
- Research and development (R&D) costs for the quarter were $6.0 million, compared to $6.9 million from the same quarter of the prior year. R&D costs, excluding non-cash stock-based compensation expense, for the quarter were $5.7 million, compared to $4.1 million from the quarter of the prior year. Cash used in R&D increased due to Arc-related study spend and investment in Pheno II.
- Net loss was $14.2 million in the first quarter, resulting in $0.21 net loss per share. Net loss excluding non-cash stock-based compensation expense for the first quarter was $11.2 million.
- Net cash used in the quarter was $13.2 million, and the company ended the quarter with total cash, investments, and cash equivalents of $50.4 million.
- Raised $4.0 million from an insider financing round.
- Reduced debt by $14.0 million during the quarter through an equity exchange with principal bond holder.
- Launched Accelerate Arc system and associated consumable kit for blood culture samples during the quarter.
Full financial results for the quarter ending March 31, 2022, will be filed on Form 10-Q through the Securities and Exchange Commission's (SEC) website at http://www.sec.gov.
Audio Webcast and Conference Call
To listen to the 2022 first quarter financial results, call by phone, +1.877.883.0383 and enter Elite Entry Number: 0355137. International participants may dial +1.412.902.6506. Please dial in 10–15 minutes prior to the start of the conference. A replay of the call will be available by telephone at +1.877.344.7529 (U.S.) or +1.412.317.0088 (International) using the replay code 5137603 until June 6, 2022.
This conference call will also be webcast and can be accessed from the company's website at ir.axdx.com. A replay of the audio webcast will be available until August 15, 2022.
Use of Non-GAAP Financial Measures
This press release contains certain financial measures that are not recognized measures under accounting principles generally accepted in the United States of America ("GAAP"), which include SG&A, R&D, and Net income (loss) amounts excluding stock-based compensation expenses.
Our management and board of directors use expenses excluding the cost of stock-based compensation to understand and evaluate our operating performance and trends, to prepare and approve our annual budget and to develop short-term and long-term operating and financing plans. Accordingly, we believe that expenses excluding the cost of stock-based compensation provides useful information for investors in understanding and evaluating our operating results in the same manner as our management and our board of directors. Expenses excluding the cost of stock-based compensation is a non-GAAP financial measure and should be considered in addition to, not as superior to, or as a substitute for, SG&A expenses, R&D expenses, and net income (loss) reported in accordance with GAAP. The following tables present a reconciliation of SG&A expenses, R&D expenses and net income (loss) excluding stock-based compensation to comparable GAAP measures for the periods indicated:
About Accelerate Diagnostics, Inc.
Accelerate Diagnostics, Inc. is an in vitro diagnostics company dedicated to providing solutions for the global challenges of antibiotic resistance and sepsis. The Accelerate Pheno® system and Accelerate Arc™ system are designed to reduce the time clinicians must wait to determine the most optimal antibiotic therapy for bacteremic patients. These diagnostic systems are designed to serve clinical laboratories with automated solutions to expedite time to identification and antimicrobial susceptibility test (AST) results directly from positive blood culture samples. Multiple external studies have proven that Accelerate solutions deliver results 1 to 2 days faster than existing methods, enabling clinicians to optimize antibiotic selection and dosage specific to the individual patient's infection, days earlier.
The "ACCELERATE DIAGNOSTICS" and "ACCELERATE PHENO" and "ACCELERATE PHENOTEST" and "ACCELERATE ARC" and diamond shaped logos and marks are trademarks or registered trademarks of Accelerate Diagnostics, Inc.
For more information about the company, its products and technology, or recent publications, visit axdx.com.
Forward-Looking Statements
Certain of the statements made in this press release are forward-looking or may have forward-looking implications. Actual results or developments may differ materially from those projected or implied in these forward-looking statements. Information about the risks and uncertainties faced by Accelerate Diagnostics is contained in the section captioned "Risk Factors" in the company's most recent Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 14, 2022, and in any other reports that the company files with the Securities and Exchange Commission. The company's forward-looking statements could be affected by general industry and market conditions. Except as required by federal securities laws, the company undertakes no obligation to update or revise these forward-looking statements to reflect new events, uncertainties or other contingencies.
See accompanying notes to condensed consolidated financial statements.
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SOURCE Accelerate Diagnostics, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/16/accelerate-diagnostics-reports-first-quarter-2022-financial-results/ | 2022-05-16T21:49:18Z |
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How to look stylish, but be comfortable
MoviePass has returned — the popular subscription service that lets you watch the movie you want in the theater you want is back. This means movie night is no longer limited to your couch. You can enjoy all the latest releases as they were meant to be seen: on the big screen. It also means you have to get a little more dressed up than just Crocs and a onesie. How do you look chic and stylish at the movies without sacrificing comfort? Here are a few ideas.
In this article: Mango Women’s Linen Jogger Trousers, Women’s Simply Vera Vera Wang Ruched Open-Front Cardigan and Birkenstock Honnef Low Suede Leather
What is MoviePass?
MoviePass is the third-party subscription service that gives moviegoers the best bang for their buck. In fact, it gave audiences such a great deal that the company went bankrupt. Now, MoviePass is back with tiered pricing and negotiated partnerships with movie theaters. The changes are predicted to help both MoviePass and movie theaters thrive.
Three key considerations for movie attire
For many, it may be a couple of years since you’ve been in a movie theater. There are three things you want to remember when choosing a look for the occasion.
- Comfort is key: Going to the movies is a casual event. You want your clothes to both look and feel comfortable.
- Style is still important: Your clothes can be comfortable without looking like you’re at a sleepover. When the lights come up, you might be ready for a drink or a bite to eat. Don’t let your clothing limit your evening’s adventures.
- It can get chilly: Even if the thermostat isn’t set in the 60s, sitting still for 120 minutes can make you feel a little chilly. You probably don’t need a winter coat, but an extra layer that can be removed (if needed) is always a good idea.
Movie night clothing that’s both stylish and comfortable
Women’s Sonoma Goods for Life Everyday V-Neck Tee
If you get this comfortable V-neck in black, it can add a chic elegance to almost any pair of pants and effortlessly create that balance of relaxed and refined.
Sold by Kohl’s
Mango Women’s Linen Jogger Trousers
Neutral linen joggers provide the comfort of sweats with the style of slacks. When paired with a stylish top and accented by smart shoes, this comfort-driven ensemble will dazzle.
Sold by Macy’s
Champion Women’s Everyday Cotton Pants
You can style sweatpants in two ways: keep all clothes in the same color palette or wear a top that pops. Either way, you’ll look sharp and feel comfortable in these versatile pants.
Sold by Amazon
Women’s Simply Vera Vera Wang Ruched Open-Front Cardigan
Even if your go-to wardrobe only includes jeans and a concert T-shirt, this sophisticated cardigan can elevate your look to give you the right splash of style and personality without sacrificing comfort.
Sold by Kohl’s
Birkenstock Kumba Oiled Leather
You can’t go wrong with Birkenstock. The simple yet classic style of this popular sandal is perfect for a neutral monochrome sweatshirt and sweatpants combo. To add a little flair, accent the look with a long silver necklace and an eye-catching pendant.
Sold by Birkenstock
Men’s Izod Dockside Chambray Button-Down Shirt
Match this colorful top with light, neutral pants and casual shoes and you’ve got a look that reveals your fun-loving but chill spirit.
Sold by Kohl’s
Club Room Men’s Four-Way Stretch Pants
Not only does this four-way stretch fabric make these pants remarkably comfortable, the chic styling wears well with nearly any polo, button-down shirt or sweater in your wardrobe.
Sold by Macy’s
Hanes Men’s Jogger Sweatpants with Pockets
Take these soft neutral sweatpants and add a pair of Chucks, white socks and your favorite sports jersey to create a sporty look. A colorful sports cap can give this ensemble a sense of purpose.
Sold by Amazon
Womleys Men’s Casual Open-Front Long-Sleeve Cotton Cardigan Sweater
Add your favorite slacks and a plain white T-shirt to this open-front sweater and you’ll have a simple yet stylish look that’s perfect for a night at the movies.
Sold by Amazon
Birkenstock Honnef Low Suede Leather
These shoes have a sophisticated style that will upgrade the look of any outfit, but they feature the trademark comfort Birkenstock is known for. If you’d like to add some personality, these shoes come in three colors: black, tea and soft pink.
Sold by Birkenstock
Snuggie The Original Wearable Blanket
If all you care about is comfort, a Snuggie is your best option. This cozy fleece blanket with sleeves is oversized so you can stay warm, no matter how low the theater keeps its thermostat.
Sold by Amazon
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Allen Foster writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money. | https://cw33.com/lifestyle/moviepass-is-coming-back-here-are-8-comfortable-looks-to-wear-for-a-night-out-at-the-movies/ | 2022-09-06T19:35:22Z |
‘As many as possible, as soon as possible’: Democrats scramble to confirm Biden’s judicial nominees before November
By Tierney Sneed, CNN
Voting to advance Supreme Court nominee Judge Ketanji Brown Jackson will be the main event when the Senate Judiciary Committee meets Monday.
But the committee will also be sending to the Senate floor several other federal judge nominees, as Democrats push to keep the judiciary confirmation machinery cranking while Jackson dominated the spotlight.
Since Justice Stephen Breyer announced his retirement in late January, the Senate has confirmed 16 lower court judges — all while Democrats were managing the high-stakes, resource-intensive Supreme Court nomination process. Two district court judges the Senate confirmed on Thursday brought the total of appointees of President Joe Biden on the federal bench up to 58.
“Senate Democrats are proud of this record and we’re going to keep it going,” Majority Leader Chuck Schumer, a New York Democrat, told reporters last week. “This is one of the most important things we can do.” a
Democrats have outpaced the numbers of judges former President Donald Trump had confirmed at an equivalent point in his presidency, though they don’t currently stand to match his imprint on the Supreme Court, with Jackson’s confirmation not shifting that court’s fundamental conservative lean.
As Democrats face the risk of losing the Senate gavel in November’s midterms, Biden might not also have the benefit that Trump had of four years of a Senate controlled by the same party — adding pressure to the push to put Biden’s appointees on the bench.
There are 108 current or expected lower court vacancies now pending, 84 of them openings for which a nominee has not yet been named.
The general time crunch is being further complicated by the procedural tactics Republicans can employ to slow a nominee’s path to confirmation, in addition to a Senate norm that Democrats for now are currently honoring that gives senators veto power over district court nominees from their state. Any delay on the White House side in sending up nominees to the Senate could further put Biden off-track.
“They’ve got to move now. [As] Judge Ketanji Brown Jackson becomes Justice Ketanji Brown Jackson, the Senate Democrats, the White House have got to work hand in glove,” said Rakim Brooks, the president of the progressive judicial advocacy group Alliance for Justice. “They have been moving as quickly as any president has, but this is a historic opportunity to reshape the courts and it can’t be missed.”
Democrats started the Biden administration focused on replicating Trump’s success in confirming judges, leaving almost no openings on the appellate bench.
“They filled all the vacancies and we need to fill all the vacancies,” Sen. Mazie Hirono, a Hawaii Democrat, told CNN.
Republicans are using procedural hurdles to slow things down
Filling the vacancies is easier said than done, as several things must come together for nominees to move forward quickly. And Democrats are facing several types of maneuvers Republicans can use to slow down the process.
All 58 judicial nominees confirmed so far have required cloture votes — a step in the floor voting process that the Senate minority can demand and one that can add to the floor time spent on a nominee before his or her final confirmation vote.
“In the past, half of these would go through by voice vote. And the Republicans — they just want to hold things up,” Vermont Sen. Patrick Leahy said.
(Democrats also embraced the use of cloture votes on executive branch and judicial nominees under Trump; while he was President, there were some 200 cloture votes on judicial nominees.)
But even before nominees reach the floor, other things can stand in the way of their confirmation. If the Judiciary Committee — which is evenly split among Democrats and Republicans — deadlocks on approving a nominee, that adds an additional procedural maneuver on the floor, known as a discharge petition, to advance the nomination to the full Senate.
There are currently five Biden judicial nominees that failed to get GOP support in the committee and will need discharge petitions to be confirmed. It is unclear whether Democrats have the votes to do so at this point.
And for district court nominees to even advance through committee, their home state senators must return what’s known as “blue slips” in order for their nominations to go forward. For seats in states where both senators are Democrats, this step does not usually pose a problem. Not surprisingly, most of the confirmation effort so far has been focused on those vacancies or other vacancies where blue slips aren’t required. But already one Biden nominee has been derailed by a blue slip, after Wisconsin Republican Sen. Ron Johnson refused to return a blue slip for William Pocan, a state court judge whom Johnson had recommended to Biden for the seat.
“There are still a lot of blue state vacancies,” a Democratic committee aide, who requested not to be named to speak candidly, told CNN. “You could probably fill hearings with blue states or jurisdictions that don’t require blue slips at all, but of course, our hope is that we have a mix of blue state, purple state, red state, etc. nominees.”
Three Biden appointees to Ohio’s federal bench were confirmed in February after being recommended to the White House by Ohio’s Republican Sen. Rob Portman and Democratic Sen. Sherrod Brown. Of the current and expected vacancies for which nominees have not been named, more than two dozen of the openings are for seats where at least one of the senators is a Republican.
But the reversal by Johnson on a nominee that he once supported is another data point cited by groups on the left who are calling on Democrats to reconsider the blue slip process, which had already been nixed for appellate nominees when Republicans controlled the Senate.
“That doesn’t pass the straight face test,” Demand Justice chief counsel Chris Kang said of Johnson blocking a nominee he had initially recommended.
Balancing a Supreme Court nomination fight with a continued lower court push
Democrats say they’re satisfied with how in recent months they juggled these various factors all while keeping Jackson’s Supreme Court confirmation on the quick timeline they had set out for filing Breyer’s seat.
The Judiciary Committee did not deviate too much from its typical schedule of holding nominations hearings every other week that the Senate is in session. Since Breyer announced his retirement, nearly a dozen judicial nominees have testified before the committee. Preparing those nominees for those hearings was work that the White House had to do while it was ushering Jackson through the Supreme Court vetting and nomination process.
The committee, also in that period, held votes to move 10 Biden lower court nominees to the floor. Many of them have already been confirmed or are expected be confirmed in the coming days.
When the committee votes on Jackson, it will also vote on the appellate nomination of Judge Stephanie Davis, who if confirmed would be the first Black woman from Michigan to sit on the 6th US Circuit Court of appeals. Arianna Freeman, a nominee for the Third Circuit who has faced fierce criticism from Republicans for her work as a federal public defender, is also up for a committee vote on Monday, as are three federal district court nominees.
Meanwhile, six of the nominees previously advanced out of the committee are already on the Senate executive calendar, putting them in the queue for a floor vote.
Even with this brisk pace, it’s unclear that Biden will this year fill all the vacancies currently open on the federal judiciary.
The Judiciary Committee aide told CNN that the committee aims to hold nomination hearings every other week that the Senate is in session through the spring and summer — before the August recess — and in the fall, before the break the Senate takes around the midterms. The White House, for its part, hopes to roll out new nominees at a pace that guarantees every seat at those nomination hearings — where usually five or six nominees are testifying — is filled.
“My view is as many as possible, as soon as possible, because we need to fill those positions for the sake of the American people,” said Sen. Richard Blumenthal, a Connecticut Democrat. “Put aside the midterms, these vacancies need to be filled because there are backlogs in most of our courts.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/04/as-many-as-possible-as-soon-as-possible-democrats-scramble-to-confirm-bidens-judicial-nominees-before-november/ | 2022-04-04T10:57:50Z |
Randy Weaver, participant in Ruby Ridge standoff, dies at 74
By NICHOLAS K. GERANIOS
Associated Press
SPOKANE, Wash. (AP) — Randy Weaver, patriarch of a family that was involved in an 11-day Idaho standoff with federal agents 30 years ago that left three people dead and helped spark the growth of anti-government extremists, has died at the age of 74.
His death was announced Thursday in a Facebook post by daughter Sara Weaver, who lives near Kalispell, Montana.
“Love you always Dad” was written on Sara Weaver’s Facebook page, posted with a picture of an older Randy and a smiling Sara, along with the dates Jan. 3, 1948, and May 11, 2022.
Sara Weaver did not immediately return Facebook messages and email requests for information. Details of Randy Weaver’s death were not immediately available.
The standoff in the mountains near Ruby Ridge in the Idaho Panhandle transfixed the nation in August of 1992.
Randy Weaver moved his family to northern Idaho in the 1980s to escape what he saw as a corrupt world. Over time, federal agents began investigating the Army veteran for possible ties to white supremacist and anti-government groups. Weaver was eventually suspected of selling a government informant two illegal sawed-off shotguns.
To avoid arrest, Weaver holed up on his land near Naples, Idaho.
On Aug. 21, 1992, a team of U.S. marshals scouting the forest to find suitable places to ambush and arrest Weaver came across his friend, Kevin Harris, and Weaver’s 14-year-old son Samuel in the woods. A gunfight broke out. Samuel Weaver and Deputy U.S. Marshal William Degan were killed.
The next day, an FBI sniper shot Randy Weaver. As Weaver, Harris and Sara ran back toward the house, the sniper fired a second bullet, which passed through Vicki Weaver’s head as she held an infant and wounded Harris in the chest.
During the siege, Sara Weaver crawled around her mother’s blanket-covered body to get food and water for the survivors until the family surrendered on Aug. 31, 1992.
Harris and Randy Weaver were arrested, and Weaver’s three daughters went to live with their mother’s family in Iowa. Randy Weaver was acquitted of the most serious charges and Harris was acquitted of all charges.
The surviving members of the Weaver family filed a wrongful death lawsuit. The federal government awarded Randy Weaver a $100,000 settlement and his three daughters $1 million each in 1995.
“Ruby Ridge was the opening shot of a new era of anti-government hatred not seen since the Civil War,” said Mark Potok of the Southern Poverty Law Center in a 2012 interview on the 20th anniversary of the siege.
After Ruby Ridge, federal agents laid siege to the Branch Davidian compound in Waco, Texas. It ended violently after 51 days on April 19, 1993, when a fire destroyed the compound after an assault was launched, killing 76 people.
Timothy McVeigh cited both Ruby Ridge and Waco as motivators when he bombed the federal building in Oklahoma City in 1995. Ruby Ridge has been cited often by militia and patriot groups since.
In the 30 years since the standoff, Ruby Ridge remained a rallying cry for anti-government extremists. The Spokesman-Review reported Weaver remained popular among white supremacists and extremists in the years following the standoff, and was often seen selling his book, “The Federal Siege at Ruby Ridge,” at gun shows and survivalist expos.
Sara Weaver lives near Kalispell, Montana, a city in the northwestern part of the state that is the gateway to Glacier National Park and more than 100 miles (160 kilometers) east of Ruby Ridge.
Sara Weaver said she is devastated each time someone commits a violent act in the name of Ruby Ridge. “It killed me inside,” she told The Associated Press in 2012, regarding the Oklahoma City bombing. “I knew what it was like to lose a family member in violence. I wouldn’t wish that on anyone.”
After graduating from high school in Iowa, Sara Weaver moved to the Kalispell area in 1996. Her sisters and father followed shortly after.
She has been back to Ruby Ridge, to the land her family still owns. All that remains of the family’s modest home is the foundation, she said. | https://localnews8.com/news/ap-idaho/2022/05/12/randy-weaver-participant-in-ruby-ridge-standoff-dies-at-74/ | 2022-05-12T23:05:27Z |
PITTSBURGH..., June 28, 2022 /PRNewswire/ -- "I got tired of playing at pool halls where the tables are used all the time and the balls wouldn't roll straight. I've seen how they cleaned the felt and thought there got to be a better way." said inventor from California "so I invented the POOL SHARK VACUUM. My idea is unique because it is hands free! Set it and walk away. People will like it because it saves time and saves the felt from chalk build up."
The patent pending invention would enhance performance among billiard players. It would also eliminate the need to remove chalk dust from a pool table's surface manually, which would save time and effort! This innovative invention would ensure the surface of the table is clean and uniform so that billiard balls rolled straight along their intended trajectories. Invention comes in different sizes.
The original design was submitted to the California sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-LAX-1422, 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.
View original content to download multimedia:
SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/06/28/inventhelp-inventor-develops-pool-table-cleaner-lax-1422/ | 2022-06-28T15:01:50Z |
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Stacker compiled a list of cities with the fastest growing home prices in Texas using data from Zillow. Cities are ranked by the dollar change in Zillow Home Values Index for all homes from the twelve months ending June 2022. The charts in this story were created automatically using Matplotlib. Data was available for 1,343 cities and towns in Texas. Home values in the top city on the list grew by $591,629 over the last 12 months.
Metros with the most cities in the top 50
#1. Dallas-Fort Worth-Arlington: 23
#2. Austin-Round Rock: 18
#3. San Antonio-New Braunfels: 7
#4. Houston-The Woodlands-Sugar Land: 1
#4. Sherman-Denison: 1
Read on to see which cities made the list.
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#50. Shady Hollow
– Typical home value: $833,643
– 1-year price change: +$162,540 (+24.2%)
– 5-year price change: +$419,315 (+101.2%)
– Metro area: Austin-Round Rock
#49. Spring Branch
– Typical home value: $663,003
– 1-year price change: +$166,229 (+33.5%)
– 5-year price change: +$286,323 (+76.0%)
– Metro area: San Antonio-New Braunfels
#48. Fischer
– Typical home value: $639,780
– 1-year price change: +$166,662 (+35.2%)
– 5-year price change: +$293,845 (+84.9%)
– Metro area: San Antonio-New Braunfels
#47. Lantana
– Typical home value: $651,811
– 1-year price change: +$167,220 (+34.5%)
– 5-year price change: +$252,395 (+63.2%)
– Metro area: Dallas-Fort Worth-Arlington
#46. Gilchrist
– Typical home value: $520,066
– 1-year price change: +$169,431 (+48.3%)
– 5-year price change: +$274,418 (+111.7%)
– Metro area: Houston-The Woodlands-Sugar Land
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#45. Pecan Acres
– Typical home value: $793,370
– 1-year price change: +$171,050 (+27.5%)
– 5-year price change: +$320,033 (+67.6%)
– Metro area: Dallas-Fort Worth-Arlington
#44. Rosanky
– Typical home value: $577,286
– 1-year price change: +$172,021 (+42.4%)
– 5-year price change: +$288,753 (+100.1%)
– Metro area: Austin-Round Rock
#43. Trophy Club
– Typical home value: $708,531
– 1-year price change: +$173,037 (+32.3%)
– 5-year price change: +$282,252 (+66.2%)
– Metro area: Dallas-Fort Worth-Arlington
#42. Mountain City
– Typical home value: $627,284
– 1-year price change: +$173,967 (+38.4%)
– 5-year price change: +$310,420 (+98.0%)
– Metro area: Austin-Round Rock
#41. Olmos Park
– Typical home value: $995,438
– 1-year price change: +$174,325 (+21.2%)
– 5-year price change: +$286,991 (+40.5%)
– Metro area: San Antonio-New Braunfels
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#40. Annetta South
– Typical home value: $700,775
– 1-year price change: +$175,960 (+33.5%)
– 5-year price change: +$327,372 (+87.7%)
– Metro area: Dallas-Fort Worth-Arlington
#39. Wimberley
– Typical home value: $714,196
– 1-year price change: +$176,117 (+32.7%)
– 5-year price change: +$361,615 (+102.6%)
– Metro area: Austin-Round Rock
#38. Kingsbury
– Typical home value: $547,534
– 1-year price change: +$176,557 (+47.6%)
– 5-year price change: +$278,368 (+103.4%)
– Metro area: San Antonio-New Braunfels
#37. Fairview
– Typical home value: $713,102
– 1-year price change: +$177,572 (+33.2%)
– 5-year price change: +$276,859 (+63.5%)
– Metro area: Dallas-Fort Worth-Arlington
#36. Annetta North
– Typical home value: $745,394
– 1-year price change: +$178,296 (+31.4%)
– 5-year price change: +$318,233 (+74.5%)
– Metro area: Dallas-Fort Worth-Arlington
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#35. Spicewood
– Typical home value: $843,683
– 1-year price change: +$180,746 (+27.3%)
– 5-year price change: +$403,237 (+91.6%)
– Metro area: Austin-Round Rock
#34. Double Oak
– Typical home value: $847,389
– 1-year price change: +$181,883 (+27.3%)
– 5-year price change: +$360,276 (+74.0%)
– Metro area: Dallas-Fort Worth-Arlington
#33. Copper Canyon
– Typical home value: $863,204
– 1-year price change: +$182,186 (+26.8%)
– 5-year price change: +$352,068 (+68.9%)
– Metro area: Dallas-Fort Worth-Arlington
#32. Hudson Bend
– Typical home value: $904,955
– 1-year price change: +$185,348 (+25.8%)
– 5-year price change: +$441,052 (+95.1%)
– Metro area: Austin-Round Rock
#31. Gunter
– Typical home value: $641,045
– 1-year price change: +$186,044 (+40.9%)
– 5-year price change: +$304,365 (+90.4%)
– Metro area: Sherman-Denison
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#30. Kendalia
– Typical home value: $765,171
– 1-year price change: +$187,242 (+32.4%)
– 5-year price change: +$298,424 (+63.9%)
– Metro area: San Antonio-New Braunfels
#29. Colleyville
– Typical home value: $884,557
– 1-year price change: +$189,679 (+27.3%)
– 5-year price change: +$327,962 (+58.9%)
– Metro area: Dallas-Fort Worth-Arlington
#28. Celina
– Typical home value: $653,956
– 1-year price change: +$194,225 (+42.2%)
– 5-year price change: +$287,745 (+78.6%)
– Metro area: Dallas-Fort Worth-Arlington
#27. Argyle
– Typical home value: $824,352
– 1-year price change: +$195,553 (+31.1%)
– 5-year price change: +$332,439 (+67.6%)
– Metro area: Dallas-Fort Worth-Arlington
#26. Shavano Park
– Typical home value: $1,045,203
– 1-year price change: +$195,942 (+23.1%)
– 5-year price change: +$334,881 (+47.1%)
– Metro area: San Antonio-New Braunfels
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#25. Heath
– Typical home value: $808,589
– 1-year price change: +$196,928 (+32.2%)
– 5-year price change: +$318,010 (+64.8%)
– Metro area: Dallas-Fort Worth-Arlington
#24. Lakeway
– Typical home value: $955,351
– 1-year price change: +$198,067 (+26.2%)
– 5-year price change: +$471,881 (+97.6%)
– Metro area: Austin-Round Rock
#23. McLendon-Chisholm
– Typical home value: $758,930
– 1-year price change: +$198,660 (+35.5%)
– 5-year price change: +$311,712 (+69.7%)
– Metro area: Dallas-Fort Worth-Arlington
#22. Frisco
– Typical home value: $715,196
– 1-year price change: +$198,967 (+38.5%)
– 5-year price change: +$290,273 (+68.3%)
– Metro area: Dallas-Fort Worth-Arlington
#21. The Hills
– Typical home value: $1,033,870
– 1-year price change: +$226,505 (+28.1%)
– 5-year price change: +$511,073 (+97.8%)
– Metro area: Austin-Round Rock
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#20. Dripping Springs
– Typical home value: $946,607
– 1-year price change: +$244,620 (+34.8%)
– 5-year price change: +$493,373 (+108.9%)
– Metro area: Austin-Round Rock
#19. Prosper
– Typical home value: $844,220
– 1-year price change: +$255,027 (+43.3%)
– 5-year price change: +$374,188 (+79.6%)
– Metro area: Dallas-Fort Worth-Arlington
#18. Bee Cave
– Typical home value: $1,110,160
– 1-year price change: +$256,512 (+30.0%)
– 5-year price change: +$559,287 (+101.5%)
– Metro area: Austin-Round Rock
#17. Parker
– Typical home value: $1,069,968
– 1-year price change: +$270,321 (+33.8%)
– 5-year price change: +$434,841 (+68.5%)
– Metro area: Dallas-Fort Worth-Arlington
#16. Sunset Valley
– Typical home value: $1,255,356
– 1-year price change: +$272,581 (+27.7%)
– 5-year price change: +$641,306 (+104.4%)
– Metro area: Austin-Round Rock
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#15. Southlake
– Typical home value: $1,199,134
– 1-year price change: +$272,846 (+29.5%)
– 5-year price change: +$464,746 (+63.3%)
– Metro area: Dallas-Fort Worth-Arlington
#14. Bartonville
– Typical home value: $1,202,668
– 1-year price change: +$280,696 (+30.4%)
– 5-year price change: +$474,332 (+65.1%)
– Metro area: Dallas-Fort Worth-Arlington
#13. Volente
– Typical home value: $1,308,568
– 1-year price change: +$282,804 (+27.6%)
– 5-year price change: +$703,773 (+116.4%)
– Metro area: Austin-Round Rock
#12. Hill Country Village
– Typical home value: $1,364,890
– 1-year price change: +$290,707 (+27.1%)
– 5-year price change: +$453,311 (+49.7%)
– Metro area: San Antonio-New Braunfels
#11. Lucas
– Typical home value: $1,092,837
– 1-year price change: +$292,099 (+36.5%)
– 5-year price change: +$467,820 (+74.8%)
– Metro area: Dallas-Fort Worth-Arlington
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#10. Coupland
– Typical home value: $800,293
– 1-year price change: +$300,535 (+60.1%)
– 5-year price change: +$477,421 (+147.9%)
– Metro area: Austin-Round Rock
#9. Driftwood
– Typical home value: $1,132,050
– 1-year price change: +$313,793 (+38.3%)
– 5-year price change: +$600,568 (+113.0%)
– Metro area: Austin-Round Rock
#8. Bear Creek
– Typical home value: $997,170
– 1-year price change: +$314,409 (+46.0%)
– 5-year price change: +$633,046 (+173.9%)
– Metro area: Austin-Round Rock
#7. Lost Creek
– Typical home value: $1,601,507
– 1-year price change: +$386,081 (+31.8%)
– 5-year price change: +$841,098 (+110.6%)
– Metro area: Austin-Round Rock
#6. Westover Hills
– Typical home value: $2,286,160
– 1-year price change: +$417,676 (+22.4%)
– 5-year price change: +$682,752 (+42.6%)
– Metro area: Dallas-Fort Worth-Arlington
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#5. Westlake
– Typical home value: $1,817,092
– 1-year price change: +$429,246 (+30.9%)
– 5-year price change: +$717,768 (+65.3%)
– Metro area: Dallas-Fort Worth-Arlington
#4. University Park
– Typical home value: $2,054,290
– 1-year price change: +$432,187 (+26.6%)
– 5-year price change: +$625,840 (+43.8%)
– Metro area: Dallas-Fort Worth-Arlington
#3. Highland Park
– Typical home value: $2,374,639
– 1-year price change: +$490,784 (+26.1%)
– 5-year price change: +$692,749 (+41.2%)
– Metro area: Dallas-Fort Worth-Arlington
#2. Rollingwood
– Typical home value: $2,692,912
– 1-year price change: +$578,440 (+27.4%)
– 5-year price change: +$1,354,692 (+101.2%)
– Metro area: Austin-Round Rock
#1. West Lake Hills
– Typical home value: $2,576,051
– 1-year price change: +$591,629 (+29.8%)
– 5-year price change: +$1,314,988 (+104.3%)
– Metro area: Austin-Round Rock
You may also like: States sending the most people to Texas | https://cw33.com/news/texas/cities-with-the-fastest-growing-home-prices-in-texas-3/ | 2022-08-09T18:02:46Z |
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said on Wednesday that he thinks there will be an uptick in cases of Covid-19 over the next few weeks, and that it is likely that there could be a surge in the fall.
"I think we should expect, David, that over the next couple of weeks, we are going to see an uptick in cases -- and hopefully there is enough background immunity so that we don't wind up with a lot of hospitalizations," Fauci said, when asked by Bloomberg TV's David Westin about the prospect of another wave of Covid-19 from BA.2 or another variant, given the level of immunity believed to exist in the US today.
Fauci reiterated that the US often follows other countries -- offering the UK, which also has the BA.2 variant -- as an example. He said that as well as having a pullback on many mask mandates and restrictions for indoor settings, there has also been a waning of immunity.
"Those conditions are also present in the United States," he said. "So, I would not be surprised if we see an uptick in cases. Whether that uptick becomes a surge where there are a lot more cases is difficult to predict."
Asked later in the interview whether it should be expected that this fall will look like the past two -- and if people should be bracing for something around October -- Fauci said that he thinks "it is likely that we will see a surge in the fall."
He noted that "these are unchartered waters for us with this virus," and that with other viruses, such as flu -- which people have decades of experience with -- that predications about what might happen can be made with some degree of accuracy.
"I would think that we should expect that we are going to see some increase in cases as you get to the colder weather in the fall," he said. "That's the reason why the FDA and their advisory committee are meeting right now to plan a strategy, and we at the NIH are doing studies now to determine what the best boost would be."
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Dr. Leana Wen and other industry experts to discuss the future of healthcare benefits
MONTVALE, N.J., April 7, 2022 /PRNewswire/ -- EmpiRx Health, the industry's only value-based pharmacy benefit manager (PBM), today announced that Netflix co-founder Marc Randolph will give the keynote address at the second annual Value Xchange on April 27, 2022. This year's theme, "The Future is NOW," will motivate attendees and kickstart the change that is needed to disrupt and transform healthcare benefits. As headliner, Randolph will share his experiences and invaluable insights on fearless transformation. The two-hour, free-to-attend virtual event urges business leaders to join the movement in transforming healthcare benefits and tackle discussions on how employers and fund administrators have the power to stand up and demand change.
"Our healthcare costs are unsustainable, and we can't keep doing the same things and expect a different outcome," said CEO of EmpiRx Health and Value Xchange opening speaker, Karthik Ganesh. "We need transformative change in the way healthcare benefits are purchased and serviced, with employers, unions, and plan sponsors leading the charge. As we hopefully exit this pandemic, there is an urgent need for groundbreaking innovation and the time for change is now."
EmpiRx Health's Value Xchange 2022 will broaden the definition of health equity, appealing to organizations to evaluate their current standards, demonstrate why a company's healthcare approach should be tailored to its unique population, and drive home the impact that innovation in pharmacy benefits can have on employee health, wellness, and financial bottom line. The event includes a keynote speech, fireside chat, and panel discussion, featuring some of the industry's most influential people.
- Netflix Co-Founder and Host of That Will Never Work Podcast, Marc Randolph will set the stage for a greater conversation on transformational change with his session titled, "Stop Thinking the Same Old Way." Through examples from his inspiring career, Marc will dive into the fact that disruptive innovation does not have to be disruptive and why calls for action and inflection points should not be ignored.
- Former Commissioner of the Baltimore City Health Department and Health Professor at George Washington University, Dr. Leana Wen will participate in the Fireside Chat titled, "Health Equity & Population Health Management" and discuss how health inequity exist in every population including the workforce and how addressing it doesn't have to be a zero-sum game.
- A roundtable of experts will discuss "Innovation in Healthcare Benefits." This panel will showcase what innovation in healthcare benefits can feel and look like through practical, real, and insightful experiences. Moderated by Laura Schwartz, speaker, author and television commentator, the panel will include Pittsburgh Business Group on Health President & CEO Jessica Brooks, Chief Strategy Officer of Memorial Hermann, Feby Abraham.
Value Xchange is free to attend and will take place virtually on April 27, 2022, from 1:00-3:00pm ET. To learn more and register for the virtual event, visit www.valuexchange.info. You can also follow the conversation on LinkedIn using the hashtag #valuexchange.
EmpiRx Health is the industry's most clinically advanced and only value-based PBM, and has received multi-year recognition on the Inc. 5000 lists of America's fastest-growing private companies. EmpiRx Health's growth is fueled by the highly unique and client-aligned nature of its value proposition – a pay-for-performance financial model with guaranteed savings, an industry-first and client-tailored population health management approach, and an unparalleled high-touch service experience that has resulted in industry-best client retention rates. Learn more about the EmpiRx Health model at www.empirxhealth.com.
Media Contact:
Heather Tidwell
847-224-6462
Htidwell@mww.com
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SOURCE EmpiRx Health | https://www.wibw.com/prnewswire/2022/04/07/empirx-health-welcomes-netflix-co-founder-marc-randolph-keynote-value-xchange-2022/ | 2022-04-08T02:47:43Z |
School is back in session across the US and many students are starting to notice some changes in their classrooms. New laws have restricted teaching about race, history and gender identity in more than a dozen states -- and a growing number of books are being pulled from school library shelves.
Here's what else you need to know to Get Up to Speed and On with Your Day.
(You can get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)
1. Heat wave
The heat wave scorching the western US is on track to maintain its intensity over the next few days. In California, the operator that manages most of the state's power grid issued an alert Thursday calling on residents to set thermostats to 78 degrees or higher, avoid using major appliances and turn off all unnecessary lights in the evening. In neighboring Nevada, residents have also been urged to reduce electricity usage due to a significant reduction in the available energy supply. The National Weather Service said the heat will end "abruptly and unusually" in some parts of Southern California after a rare hurricane makes a close pass by the region. Climate experts say the storm will likely create an alarming combination of extreme heat, flash flooding, damaging offshore winds and an increased fire threat through Saturday.
2. Canada stabbings
The two brothers identified as suspects in connection with a mass stabbing in Canada this week have died. One of the brothers was found dead a day after the attacks, which left 10 dead and 18 others injured in Saskatchewan, Canada, police said. The other brother died Wednesday after going into "medical distress" after his arrest, authorities said. The 10 victims ranged in ages from 23 to 78 years old, and all but one are from the Indigenous community of James Smith Cree Nation. It remains unclear what motivated the stabbings and how or whether the brothers knew any of the victims. Police say some of the victims were apparently targeted while others may have been attacked randomly.
3. Memphis shootings
A shooting rampage in Memphis, Tennessee, left four people dead and three others wounded across multiple crime scenes on Wednesday. A 19-year-old suspect was arrested after streaming at least one of the attacks on Facebook Live, police said. The shootings prompted authorities to issue a citywide shelter in place order as police searched for the gunman. The Memphis Area Transit Authority also suspended bus and trolley service Wednesday, citing danger from the shooter. Memphis Mayor Jim Strickland expressed anger over the spate of violence at a press conference. "I am angry for our citizens," he said. "The people of our city were confronted with the type of violence no one should have to face."
4. Covid-19
The CDC is now rolling out updated Covid-19 vaccine boosters following the FDA's authorization late last month. These shots will replace the boosters previously offered in the US for people 12 and older and will target both the original strain of Covid-19 and the Omicron subvariants. With many Americans wondering whether they should get the booster now or wait, some medical experts advise getting the shot soon if you have not been vaccinated in 2022 and have not had a recent infection. CDC guidelines say people who recently recovered from Covid-19 can wait three months from their infection to get the booster because reinfection is unlikely immediately after recovery.
5. Steve Bannon
Steve Bannon, a former aide to ex-President Donald Trump, is expected to surrender later today and plead not guilty on charges related to an effort to raise money to fund the construction of a wall along the southern US border. The New York state charges allege Bannon and three others defrauded donors in the border wall effort, which raised more than $25 million. The Manhattan district attorney's office launched a criminal investigation into Bannon's "We Build the Wall" crowd-fundraising activities early last year after then-President Trump pardoned Bannon on federal fraud charges relating to the same alleged scheme. Presidential pardons, however, do not apply to state investigations.
BREAKFAST BROWSE
CMA Awards 2022: See who is nominated
Country music fans! Here's the full list of nominees for the awards, which will air on November 9.
Why Coca-Cola doesn't want to tell you what's in those weird flavors
Coke recently debuted new drinks with vague descriptions and let fans fill in the blanks. The responses were all over the map.
Jerry Seinfeld is a fashion model. The internet has thoughts
A trendy streetwear brand selected the 68-year-old comedian as the face of its new collection. Check out Seinfeld's photo shoot here.
2022 NFL season preview
Finally! The wait is over. Here are the teams you should keep an eye on this football season.
Most stylish new hotels and spas for 2022 revealed
Take a moment to marvel at these peaceful destinations created by world-renowned architects.
TODAY'S NUMBER
$799
That's the starting price of Apple's new iPhone 14, which is the same price as last year's model. The new smartphones offer better battery life and camera functionality, and also include a new satellite connectivity feature intended to help people communicate in emergency situations when their cell service isn't working.
TODAY'S QUOTE
"If the two of us can end up on the walls of the most famous address in the world, then, again, it is so important for every young kid who is doubting themselves to believe that they can too. That is what this country is about."
-- Former first lady Michelle Obama, speaking on Wednesday after official White House portraits were unveiled of her and former President Barack Obama. Ceremonies for the unveiling of White House portraits are typically hosted by a former president's immediate successor, but ex-President Trump did not hold a ceremony for the Obama portraits while he was in office.
TODAY'S WEATHER
AND FINALLY
Breathtaking ice art
This artist paints massive portraits on floating blocks of ice in the Baltic Sea. Prepare to be amazed! (Click here to view)
The-CNN-Wire
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CEDARHURST, N.Y., June 15, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of CareDx, Inc. (NasdaqGM: CDNA), if they purchased the Company's shares between shares between February 24, 2021 and May 5, 2022, inclusive (the "Class Period"). Shareholders have until July 22, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nasdaqgm-cdna/https://kclasslaw.com/cases/securities/nyse-hmlp/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.mysuncoast.com/prnewswire/2022/06/16/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-caredx-inc-cdna/ | 2022-06-16T03:28:03Z |
In his extensive papal travels, Pope Francis has never journeyed farther north than Iqaluit, capital city of the Inuit-governed territory of Nunavut. On Friday, it will be the final stop of his somber six-day visit to Canada.
It is a distinctive destination – home to about 7,500 people but not a single traffic light, with no road or rail links to the outside world. Its lone Catholic church serves parishioners from at least five continents; more than 100 of them routinely fill the pews each Sunday.
Iqaluit has welcomed world leaders before. Queen Elizabeth, for example, visited for about two and a half hours in 2002, three years after Nunavut was carved out of the eastern portion of the Northwest Territories to become a territory of its own.
The pope’s similarly brief stopover, in contrast, is not intended to be celebratory. He’ll be finishing up a Canadian visit focused on in-person apologies for the abuse and disrespect inflicted on many thousands of Indigenous Canadians – including Inuit youths — who attended Catholic-run boarding schools from the late 1800s to the 1970s.
Given the visit’s purpose, there are mixed feelings about it in Iqaluit, among Inuit leaders and also on the part of the Rev. Daniel Perreault, who oversees the parish of Our Lady of the Assumption Roman Catholic Church.
He said only a handful of his parishioners are Inuit. Most of the others hail from Africa, South America, Asia and other faraway places, have no links to the past problems of the boarding schools and would like to welcome Pope Francis joyously on Friday, Perreault said.
But the region’s Inuit organizations want the visit to be focused on their own community, said the priest. “They do not want it being an occasion of a Catholic feast.”
Iqaluit’s deputy mayor, Solomon Awa, said the Inuit community – which comprises more than half of the city’s population – abounds with swirling emotions. There is gratitude that an apology is forthcoming, and frustration that it took so long to come about.
“It will be very exciting for the people,” Awa said. “I hope that this will get us moving forward to lift ourselves as Inuit, to the point where we say, ‘Yes, we had many downsides in the past but we must move on.’”
Unlike two of his brothers, Awa was spared from attending a boarding school – his father insisted on keeping him at home as a helping hand.
“There are people still with broken hearts who went to residential schools… some of them still hold grudges with what happened,” Awa said. “They are happy that the pope is coming, finally, to say sorry for what happened.”
Iqaluit is by far the largest municipality in Nunavut, a vast territory straddling the Arctic Circle. It is roughly the size of Alaska and California combined, with a mostly Inuit population of about 40,000.
For much of the year, the weather can be severe. In February 2010, Iqaluit hosted a meeting of finance ministers and central bank governors from the Group of Seven nations; several of the dignitaries went dog-sledding in sub-zero temperatures.
Pope Francis, however, is expected to encounter cloudy skies and mild temperatures – about 57 F or 14 C.
“My gosh, he picked the softest kind of a moment to go,” teased David Phillips, senior climatologist for Environment Canada. “Until he feels what it’s like in February, it’s no badge of courage.”
The mild forecast reflects some serious concerns about the far-north climate. According to Canadian government data, average temperatures in Nunavut have increased far more sharply than in Canada as whole over recent decades.
Francis, in a speech in Quebec City on Wednesday, cited climate change as among “the great challenges of our day.” He is expected to pose for a photo in Iqaluit related to nature and climate change, but the issue is not the focus of this particular visit.
“Climate change is obviously something that is very important to us, but I really hope the attention doesn’t get away from the students who are eagerly awaiting the apology,” said Nunavut’s premier, P.J. Akeeagok.
Akeeagok is pleased and grateful that Iqaluit was chosen as one of the three main stops on the pope’s itinerary.
“When people from around the world think of the north, they often think it’s vast, white and barren, when it’s totally opposite,” he told The Associated Press. “We have so much life, in terms of the resiliency of the people… We have incredible opportunities both culturally and economically.”
Along with opportunities, Iqaluit has its share of problems. Last fall, government officials declared a state of emergency after water in the capital was deemed undrinkable and potentially tainted with petroleum. They issued a do-not-consume order, and potable water was flown in by plane.
In May, the city issued an advisory warning that some local youths were throwing rocks at taxis – the main source of public transportation in Iqaluit.
As for the papal visit, community preparations have been low-key. The city says the main street will be closed to regular traffic for five hours on Friday, and in the run-up to the visit volunteers were invited to join in a clean-up of the downtown area.
Perreault, the Catholic priest, said his parishioners have been pitching in, offering to provide food and lodging to priests and other Catholic personnel traveling to Iqaluit from afar for the pope’s visit.
“Life is not always exciting here,” Perreault said. “But people here are happy and enjoy being in a community, sharing and praying together. It’s a very nice, joyful community.”
___
Gillies reported from Toronto, where he is AP’s bureau chief. Crary, who reported from New York, is a former Toronto bureau chief who covered the creation of Nunavut in 1999.
___
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/news/international/ap-international/pope-ends-canadian-visit-with-stop-in-small-far-north-city/ | 2022-07-29T02:42:49Z |
Matt Stang, CEO and Co-Founder of Delic Corp, will discuss the company's strategic outlook for the remainder of the year and the latest developments at the nation's largest ketamine provider, Ketamine Wellness Centers (KWC)
VANCOUVER, BC, June 23, 2022 /PRNewswire/ - Delic Holdings Corp ("Delic" or the "Company") (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), a leader in new medicines and treatments for a modern world, confirmed details regarding Delic Corp CEO Matt Stang's virtual attendance at the first annual H.C. Wainwright Mental Health Conference on June 27, 2022.
June 27, 2022
Held at the Lotte New York Palace Hotel, the inaugural event will feature a full day of company presentations, networking opportunities and one-on-one investor meetings with a focus on neuropsychiatry, psychedelics and more. During this year's conference, Stang will deliver a presentation that highlights the company's strategic outlook for the remainder of the year and how the company is well-positioned to address the current mental health crisis. Stang will also discuss Ketamine Wellness Centers' long-term growth strategy as the nation's largest ketamine provider and the company's latest patient programs such as the first-of-its-kind Veterans Administration (VA) partnership with the KWC Arizona clinics and the addition of SPRAVATO® and NAD+. His presentation will be available on June 27 starting at 7 a.m. ET. For more information regarding the first-ever H.C. Wainwright Mental Health Conference, please visit https://hcwevents.com/psychedelics/.
Delic is a leader in new medicines and treatments for a modern world, improving access to health benefits across the country and reframing the conversation on psychedelics. The Company owns and operates an umbrella of related businesses, including the largest chain of psychedelic wellness clinics in the country, Ketamine Wellness Centers; the only licensed entity by Health Canada to exclusively focus on research and development of psilocybin vaporization technology, Delic Labs; the premier psychedelic wellness event, Meet Delic; and trusted media and e-commerce platforms Reality Sandwich and Delic Radio. Delic is backed by a team of industry and cannabis veterans and a diverse network, whose mission is to provide education, research, high-quality products, and effective treatment options to the masses.
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Delic's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but are not limited to: information regarding the timing or terms upon which the Transaction will be completed; potential benefits of the Transaction; anticipated continued growth in the health and wellness sector (and, in particular, related to psychedelics); the ability of Delic to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, Delic is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Delic to be materially different from those expressed or implied by such information and statements. Such risks and other factors may include, but are not limited to: risks and uncertainties relating to the Transaction not closing as planned or at all or on terms and conditions set forth in the Merger Agreement; incorrect assessment of the value and potential benefits of the Transaction; direct and indirect material adverse effects from the COVID-19 pandemic; inability to obtain future financing on suitable terms; failure to obtain required regulatory and other approvals; risks inherent in the psychedelic treatment sector; changes in applicable laws and regulations; and failure to comply with applicable laws and regulations.
In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, Delic has made certain assumptions. These assumptions include, but are not limited to: assumptions as to the time required to negotiate a definite agreement and complete matters related to the Transaction; the ability to consummate the Transaction; the ability of the parties to obtain, in a timely manner, the requisite regulatory, corporate and other third party approvals and the satisfaction of other conditions to the consummation of the Transaction on the proposed terms; the potential impact of the announcement or consummation of the Transaction on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time on the Transaction.
Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although Delic believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Delic does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to Delic or persons acting on its behalf is expressly qualified in its entirety by this notice.
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SOURCE Delic Holdings Inc. | https://www.kxii.com/prnewswire/2022/06/23/delic-corp-present-vision-long-term-growth-industry-leading-clinic-developments-first-annual-hc-wainwright-mental-health-conference/ | 2022-06-23T13:08:10Z |
NEW YORK, July 29, 2022 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm") today reported a net loss of $3.9 million or $(0.32) basic earnings per share for the second quarter of 2022, compared with net income of $31.2 million or $2.46 basic earnings per share for the second quarter of 2021. Revenue for the second quarter of 2022 was $237.2 million, a decrease of 30.3%, compared to revenue of $340.3 million for the second quarter of 2021.
Albert G. Lowenthal, Chairman and CEO commented, "Macroeconomic factors drove lower results for the second quarter. While the economy continued to grow and unemployment remained at a record low level, waning consumer confidence, driven by high inflation and rising interest rates, created significantly higher volatility and markedly lower valuations in both equity and fixed income markets. The results for the quarter reflect the significant downturn in equity capital market issuance, which had an out-sized impact on the Company, compared to the prior year. By quarter's end, interest rates reached the highest levels since 2018 and higher mortgage rates were already impacting construction and home sales. While the Company's pipeline of potential future banking business remains strong, the closing of the window for IPOs and secondary offerings, and the closing down of the SPAC market, dramatically reduced capital markets revenues for the second quarter of 2022 compared to the second quarter of 2021. Higher interest rates and the beginning of quantitative tightening reduced bond issuance across markets, but particularly impacted the high yield and emerging markets as spreads off U.S. Treasuries widened dramatically during the quarter. These factors reduced revenues from capital markets (down 52%) for the quarter.
Wealth Management continued to deliver solid results driven by continued high levels of assets under management but below recent all-time highs. The continued performance of our Wealth Management business and the increase in fees from our FDIC program offset some of the impact of lower revenue from capital markets as well as the increase in operating costs reflecting the inflationary environment, with the Firm showing a loss for the period. Declines in the Company's share price and equity prices in general had an outsized impact on the costs associated with deferred compensation plans and share awards during the period.
Despite the unfavorable environment, the Company still maintains the strongest balance sheet and the highest capital level in its history. The Company took advantage of the lower level of its share price to purchase 885,230 shares (7%) of its Class A non-voting common shares at an average price of $34.13 in the open market under its share repurchase program. We remain confident in the resiliency of our platform and our ability to continue to provide essential investment services to our clients."
Highlights
- Client assets under administration and under management were both at reduced levels at June 30, 2022 and also down from the first quarter of 2022 as well as the same period last year
- Reduced second quarter 2022 gross revenue, net income, and earnings per share reflected a significant decline in industry-wide activity, and lower net revenue in underwriting, trading and M&A fees
- The Company repurchased 885,230 shares of Class A non-voting common stock during the second quarter of 2022 under its previously announced buy-back plan or 7% of shares outstanding at year-end 2021, bringing the total shares purchased during the first 6 months of 2022 to 1,262,543
- Book value and tangible book value per share reached record levels at June 30, 2022 largely as a result of share buybacks
Private Client
Private Client reported revenue for the current quarter of $144.5 million, 13.4% lower when compared with a year ago due to lower commissions as well as decreases in the cash surrender value of Company-owned life insurance policies, partially offset by an increase in bank deposit sweep income and higher average margin balances. Pre-tax income of $38.8 million in the current quarter resulted in a pre-tax profit margin of 26.9%. Financial advisor headcount at the end of the current quarter was 990 compared to 1,004 at the end of the second quarter of 2021.
Revenue:
- Retail commissions decreased 14.6% from a year ago due to a decrease in client activity compared to the significantly elevated levels from a year ago
- Advisory fees decreased 2.9% due to lower assets under management
- Bank deposit sweep income increased $11.1 million or 300% from a year ago due to higher balances and higher short-term interest rates
- Interest revenue increased 43.3% from a year ago due to higher short-term interest rates and higher average margin balances
- Other revenue decreased primarily due to decreases in the cash surrender value of Company-owned life insurance policies during the current period compared to increases in the value of those policies in the same period last year
Total Expenses:
- Compensation expenses decreased 34.2% from a year ago primarily due to decreased production, and decreased share-based and deferred compensation costs
- Non-compensation expenses increased 2.5% from a year ago primarily due to higher interest, travel and legal expenses, offset by a decrease in allowance for credit losses
Asset Management
Asset Management reported revenue for the current quarter of $24.3 million, 4.8% lower compared with a year ago. Pre-tax income was $8.1 million, a decrease of 6.0% compared with the prior year period.
Revenue:
- Advisory fee revenue decreased 4.8% due to lower net value of assets under management during the second quarter of 2022 compared with the second quarter of 2021
Assets under Management (AUM):
- AUM was at reduced levels of $37.1 billion at June 30, 2022, which is the basis for advisory fee billings for July 2022
- The decrease in AUM was comprised of lower asset values of $6.0 billion on existing client holdings and a net distribution of assets of $0.6 billion
Total Expenses:
- Compensation expenses were up 7.0% from a year ago primarily due to increases in fixed compensation
- Non-compensation expenses were down 10.8% when compared to the prior year period due to lower portfolio manager expense
Capital Markets
Capital Markets reported revenue for the current quarter of $71.3 million, 51.8% lower when compared with the prior year period. Pre-tax loss was $17.9 million, compared with the pre-tax income of $39.4 million in the prior year period.
Revenue:
Investment Banking
- Advisory fees earned from investment banking activities decreased 83.6% compared with a year ago. The high advisory fees from the prior year period were driven by large completed M&A transactions in healthcare, technology, and consumer products
- Equity underwriting fees decreased 93.0% compared with a year ago due to a significant decrease in equity underwriting activity in the healthcare and technology sectors, particularly for SPAC issuances to access the public markets
- Fixed income underwriting fees were down 63.1% compared with a year ago primarily driven by a decrease in public finance issuances and emerging market debt during second quarter of 2022
Sales and Trading
- Equities sales and trading revenue increased 22.9% compared with a year ago due to a marked increase in volatility in the equities market compared to the levels in the prior year period
- Fixed Income sales and trading revenues increased by 2.4% compared with a year ago
Total Expenses:
- Compensation expenses decreased 21.6% compared with a year ago primarily due to decreased incentive compensation
- Non-compensation expenses were 3.8% lower than a year ago due to a decrease in underwriting expenses, partially offset by an increase in business travel and entertainment expense
Other Matters
- The Board of Directors announced a quarterly dividend in the amount of $0.15 per share payable on August 26, 2022 to holders of Class A non-voting and Class B voting common stock of record on August 12, 2022
- Compensation expense as a percentage of revenue was higher at 75.0% during the current period versus 67.9% during the same period last year due primarily to higher fixed compensation associated with salary increases granted in an inflationary environment and lower revenue
- The effective tax rate for the current period was 23.5% compared with 27.8% for the prior year period and reflects the Company's estimate of the annual effective tax rate.
Company Information
Oppenheimer Holdings Inc., through its operating subsidiaries, is a leading middle market investment bank and full service broker-dealer that is engaged in a broad range of activities in the financial services industry, including retail securities brokerage, institutional sales and trading, investment banking (corporate and public finance), equity and fixed income research, market-making, trust services, and investment advisory and asset management services. With roots tracing back to 1881, the Company is headquartered in New York and has 91 retail branch offices in the United States and institutional businesses located in London, Tel Aviv, and Hong Kong.
Forward-Looking Statements
This press release includes certain "forward-looking statements" relating to anticipated future performance. For a discussion of the factors that could cause future performance to be different than anticipated, reference is made to Factors Affecting "Forward-Looking Statements" and Part 1A – Risk Factors in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and Factors Affecting "Forward-Looking Statements" in Part I, Item 2 in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022.
* Percentage not meaningful
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SOURCE Oppenheimer Holdings Inc. | https://www.kxii.com/prnewswire/2022/07/29/oppenheimer-holdings-inc-reports-second-quarter-2022-earnings/ | 2022-07-29T13:24:34Z |
CBF Productions' Brings Star-Studded Lineup Featuring New VIP Experiences and Headlining Performance from Country Music Superstar Brad Paisley!
SANTA CLARITA, Calif., June 23, 2022 /PRNewswire/ -- CBF Productions, one of California's largest traveling festival production companies, announced its return to Santa Clarita with its legendary Boots & Brews Country Music Festival at Central Park on Saturday, September 3rd. This family-friendly outdoor affair features tasty food vendors, local craft brews, and headlining performance by legendary superstar, Brad Paisley, one of the country music's most decorated male solo artists of all time, along with sets from some of today's most sought-after country artists still to be announced.
"The wait is finally over, and we are so excited to bring back entertainment and fun to SoCal with our famous Boots & Brew's Country Music Festival in the cities of Santa Clarita, Ventura, and Morgan Hills," said Founder of CBF Productions, Vincenzo Giammanco. "We are thrilled to have Brad Paisley headline in Santa Clarita and have a grand surprise for our final show in Ventura!"
Returning to sunny Santa Clarita after a series of unfortunate postponements due to the pandemic, Los Angeles county's largest and most successful country music festival is back. Past acts include Jake Owen, Morgan Wallen, Maddie & Tae, Chris Lane, Russell Dickerson, and more. CBF Productions has ramped up its amenities this year and upgraded some features for VIP attendees, including exclusive bars & food vendors, flushable toilets, private "Corrals" for rent, and added a brand-new upgraded Paddock level which offers up-close-viewing and extra amenities. This year in addition to single-day event tickets, Boots & Brews offers a Multi-Festival Pass which allows guests to attend multiple Boots & Brew events throughout southern California for a special price.
For more information on all upcoming Boots & Brews Country Music Festival dates, please visit BootsAndBrews.com and join the mailing list to receive news & special offers.
ABOUT CBF PRODUCTIONS:
One of California's largest traveling festival production companies, CBF has been producing a variety of adult and family-friendly events for over 13 years. From their legendary Boots & Brews Country Music Festivals to regional Tequila & Taco Festivals, Winter & Spring Wine Walks, and more, CBF showcases the best craft breweries, wineries, and tequilas in the state, combined with mouthwatering local cuisine, alongside amazing entertainment. CBF Productions is the exclusive promoter of Surfer's Point LIVE, Southern California's Newest Outdoor Entertainment Destination, which features a full season of large-scale oceanfront festivals, concerts & events. CBF productions has been at the forefront of entertainment in the Ventura County area and beyond. From their various sold-out events to the revival of Ventura's Main Street with their annual seasonal Wine Walks.
Brad Paisley
Brad Paisley has earned his place in country music history as one of the genre's most talented and decorated male solo artists. Over the past 20 years, his songwriting and unmatched showmanship have won him numerous awards, including three GRAMMYs, two American Music Awards, 14 Country Music Association Awards and 15 Academy of Country Music Awards, among many others. A member of the Grand Ole Opry since 2001, Paisley has written 21 of his 24 No. 1 hits, and in 2008 became the first artist to achieve 10 consecutive Billboard Country Airplay No. 1 singles. The 2010 CMA Entertainer of the Year's past works have amassed over 3.9 billion on-demand streams. Paisley continues to collaborate with Peyton Manning in a multi-year ad campaign with Nationwide insurance. In 2015, the global superstar partnered with Boot Barn® to develop Moonshine Spirit by Brad Paisley, an exclusive line of jeans, hats, T-shirts, jewelry, belts and woven shirts. A prolific entertainer, Paisley's first prime-time special, Brad Paisley Thinks He's Special, aired on ABC in December 2019 and has garnered over 18.1 million viewers to date. Paisley and his wife, Kimberly Williams-Paisley, are co-founders of nonprofit organization The Store, a free-referral based grocery store, which aims to empower low-income individuals and families in the Nashville area. For more information, visit www.thestore.org.
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SOURCE CBF Productions | https://www.mysuncoast.com/prnewswire/2022/06/23/one-only-iconic-boots-amp-brews-country-music-festival-makes-its-mighty-return-santa-clarita-with-brad-paisley-headlining/ | 2022-06-23T19:02:19Z |
HAMILTON, ON and BOSTON, Sept. 13, 2022 /PRNewswire/ -- Fusion Pharmaceuticals Inc. (Nasdaq: FUSN), a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as precision medicines, today announced that the compensation committee of the Company's Board of Directors granted stock option awards to purchase an aggregate of 197,200 shares of its common stock to 10 employees outside Fusion's 2020 Stock Option and Incentive Plan. The stock options were granted as an inducement material to the individual becoming an employee of Fusion in accordance with Nasdaq Listing Rule 5635(c)(4).
The options have an exercise price of $2.83 per share, which is equal to the closing price of Fusion's common stock on September 12, 2022. Each option has a ten-year term and vests over four years, with 25% of the original number of shares vesting on the one-year anniversary of the grant date and then in equal installments for 36 months thereafter, subject to the employee's continued service with Fusion through the applicable vesting dates.
About Fusion
Fusion Pharmaceuticals is a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as precision medicines. Fusion connects alpha particle emitting isotopes to various targeting molecules in order to selectively deliver the alpha emitting payloads to tumors. Fusion's first program, FPI-1434 targeting insulin-like growth factor 1 receptor, is currently in a Phase 1 clinical trial. The pipeline includes FPI-1966, targeting the fibroblast growth factor receptor 3 (FGFR3), currently in a Phase 1 study; and FPI-2059, a small molecule targeting neurotensin receptor 1 (NTSR1), which has received FDA investigational new drug (IND) clearance and will begin a Phase 1 study. In addition to a robust proprietary pipeline, Fusion has a collaboration with AstraZeneca to jointly develop novel targeted alpha therapies (TATs) and combination programs between Fusion's TATs and AstraZeneca's DNA Damage Repair Inhibitors (DDRis) and immuno-oncology agents. Fusion has also entered into a collaboration with Merck to evaluate FPI-1434 in combination with Merck's KEYTRUDA® (pembrolizumab) in patients with solid tumors expressing IGF-1R. To support Fusion's growing pipeline of TATs, the company has signed strategic actinium supply agreements with TRIUMF and Niowave, Inc.
For further information: Amanda Cray, Senior Director of Investor Relations & Corporate Communications, 617-967-0207, cray@fusionpharma.com
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SOURCE Fusion Pharmaceuticals Inc. | https://www.wibw.com/prnewswire/2022/09/13/fusion-pharmaceuticals-announces-inducement-grants-under-nasdaq-listing-rule-5635c4/ | 2022-09-13T22:11:12Z |
CAMBRIDGE, Mass., July 7, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC), expects to report results for the second quarter of 2022 prior to the market open on Tuesday, July 19, 2022. The Company will hold a conference call and webcast to discuss results on Tuesday, July 19, 2022, at 11:00 am EST.
We encourage participants to pre-register for the conference call using the following link:
https://dpregister.com/sreg/10166882/f2af0c6052
Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time.
A live, listen-only webcast of the call will be available at the following link:
https://event.choruscall.com/mediaframe/webcast.html?webcastid=5fYkistf
Those without internet access or unable to pre-register may dial in by calling:
PARTICIPANT DIAL IN (TOLL FREE): 1-866-777-2509
PARTICIPANT INTERNATIONAL DIAL IN: 1-412-317-5413
The webcast will be archived for three months on our investor relations website at:
https://ir.cambridgetrust.com/news-market-information/event-calendar/default.aspx
Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts. Cambridge Trust Company is a 132-year-old Massachusetts chartered commercial bank with approximately $5.0 billion in assets at March 31, 2022, and a total of 19 Massachusetts and New Hampshire locations. Cambridge Trust Company is one of New England's leaders in private banking and wealth management with $4.7 billion in client assets under management and administration at March 31, 2022. The Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire.
Cambridge Bancorp
Michael F. Carotenuto
Chief Financial Officer
617-520-5520
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SOURCE Cambridge Bancorp | https://www.kxii.com/prnewswire/2022/07/07/cambridge-bancorp-sets-second-quarter-2022-earnings-conference-call/ | 2022-07-07T12:20:03Z |
Megan Thee Stallion and Dua Lipa recreate infamous on-stage moment between Mariah Carey and Whitney Houston
Leah Dolan, CNN
Artists Megan Thee Stallion and Dua Lipa took to the stage on Sunday night to present the award for Best New Artist at the 64th annual Grammys, where they recreated a moment from pop culture history with a staged wardrobe mishap.
Both singers arrived at the microphone wearing the same black Versace wrap dress and chunky gold pendant turning to one another in false outrage. “Not you stealing my look,” said Megan Thee Stallion. “I was told I had the exclusive,” replied Dua Lipa, “I’m going to have to have a talk with Donatella.”
Moments later, the 66-year-old Italian fashion designer waltzed on stage wearing a gold sequin belted-dress, muttering in Italian. She promptly removed the detachable skirt from both artists. “You know what? Let’s do this,” she said as she revealed Dua Lipa’s barely-there mini hem and left Megan Thee Stallion with a dramatic thigh-high midi split. “Now these are my girls,” said Versace before leaving the stage. “Thank you Donatella! Now we both look like winners,” added Megan.
While it’s a fashion faux pas every celebrity dreads, the moment between the two performers on Sunday night was a playful reference to another awards show some 24 years ago. At the 1998 Video Music Awards, musical legends Mariah Carey and Whitney Houston used fashion to make light of their alleged professional rivalry. After years of the press directly comparing their careers, Houston made the now-iconic retort in a 1990 interview when she was asked what she thought of Carey. “What do I think of her?” Houston replied, “I don’t think of her.”
Eight years later, as they presented the award for Best Male Video together, Carey and Houston played up to their reputation as feuding divas by wearing the same brown, plunge neck Vera Wang gown. “Nice dress,” Carey said to Houston on stage. “That’s a one-of-a-kind, yeah? Looks pretty familiar.” The gag went down in pop culture history, and now lives on nearly three decades later.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/entertainment/cnn-style/2022/04/04/megan-thee-stallion-and-dua-lipa-recreate-infamous-on-stage-moment-between-mariah-carey-and-whitney-houston-2/ | 2022-04-04T14:26:54Z |
Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For August 2022
Published: Sep. 12, 2022 at 3:19 PM CDT|Updated: 1 hour ago
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $89.8 billion as of August 31, 2022, a decrease of $4.2 billion from assets under management at July 31, 2022. The decrease was due to market depreciation of $4.2 billion and distributions of $180 million, partially offset by net inflows of $197 million.
About Cohen & Steers
Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo.
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The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/09/12/cohen-amp-steers-announces-preliminary-assets-under-management-net-flows-august-2022/ | 2022-09-12T21:22:47Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Ralph Lauren Corporation (NYSE: RL).
If you are a shareholder of Ralph Lauren Corporation and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.
Purcell & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.
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SOURCE Purcell & Lefkowitz LLP | https://www.kxii.com/prnewswire/2022/09/06/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-ralph-lauren-corporation-potential-breaches-fiduciary-duty-by-its-board-directors/ | 2022-09-06T14:34:23Z |
- Idefirix® becomes the first and only product recommended by NICE for the desensitization of highly sensitized patients waiting for a kidney transplant1
- NICE considers Idefirix® to be a clinically and cost-effective treatment within current clinical practice
- The positive recommendation will enable access to this novel therapy for highly sensitized patients in England, Wales and potentially Northern Ireland
LUND, Sweden, June 16, 2022 /PRNewswire/ -- Hansa Biopharma, "Hansa" (Nasdaq Stockholm: HNSA), pioneer in enzyme technology for rare immunological conditions, today announces the recommendation by the National Institute for Health and Care Excellence (NICE) for its first-in-class treatment Idefirix® in the desensitization of highly sensitized adult patients prior to kidney transplant from a deceased donor. NICE considers Idefirix® to be a clinically and cost-effective treatment.
The recommendation marks an important milestone for patients in England, Wales and Northern Ireland, as appropriate specialized transplant centres will be able to use Idefirix® to enable transplantation for highly sensitized patients, currently highly unlikely to receive a lifesaving compatible kidney transplant. The Medicines and Healthcare products Regulatory Agency's (MHRA) granted conditional approval of imlifidase from the European Commission conditional approval in August 2020.2 The NICE recommendation builds upon this approval by considering the cost-effectiveness of Idefirix® in addition to its clinical efficacy and the significant unmet need of the patient population it treats.1
Kidney transplant candidates are classified as highly sensitized if they have pre-formed antibodies against available donors known as human leukocyte antigens (HLA). These antibodies can carry the risk of causing damage to the transplanted kidney and potentially lead to rejection.3 Risk factors for becoming highly sensitized include previous transplantation, blood transfusion and pregnancy.4 Finding a match for these patients can be particularly difficult, meaning they spend a longer average time on transplant waiting lists, and therefore have an increased risk of dying while waiting for a suitable donor.5,6 The annual average number of kidney transplants in the U.K. over the last five years are 2,400 from deceased donors and 926 from living donors.7
"A lack of effective desensitization approaches has meant that until now, people who are classed as highly sensitized kidney patients in England have struggled to find a donor match, and have often had no alternative but to remain on long-term dialysis with a very poor quality of life," says Dr Adnan Sharif, trustee at Kidney Research UK. "We welcome this decision, which will allow new opportunities for certain highly sensitized patients to qualify for a life-altering transplant, and gain freedom from dialysis. Decision making around who has access to the treatment is key, and the lifespan of the transplanted kidneys will need to be carefully monitored."
Long-term dialysis places a significant burden on both patients and healthcare systems, reducing health-related quality of life and increasing the risk of mortality and hospitalization.6,8-9
"We are thrilled that NICE has recommended Idefirix® as the first licensed therapy for highly sensitized kidney patients. These patients have serious disease burden and unmet needs and this recommendation is a significant milestone for them", says Søren Tulstrup, President and CEO, Hansa Biopharma. "For Hansa, this recommendation is also encouraging as we continue to pursue our vision: A world where patients with rare immunologic diseases can lead long and healthy lives".
Hansa will work with national health service commissioners in England, Wales and Northern Ireland to support the implementation of the service in line with the NICE's recommendations.
This is information that Hansa Biopharma AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out below, at 07:00 CET on June 16, 2022.
For more information:
Klaus Sindahl, Head of Investor Relations
M: +46(0)709298269
E: klaus.sindahl@hansabiopharma.com
Katja Margell, Head of Corporate Communications
M: +46(0)768198326
E: katja.margell@hansabiopharma.com
Notes to editors
About Idefirix® (imlifidase)
Imlifidase is an enzyme derived from the bacterium Streptococcus pyogenes and has the ability to specifically target and cleave all classes of immunoglobulin G (IgG) antibodies.10
Imlifidase is a promising new strategy for desensitization of transplant patients with donor-specific anti-HLA (Human Leukocyte Antigens) antibodies (DSAs).11 Highly sensitized patients have high levels of these preformed antibodies that can bind to the donor organ and damage the transplant.4 Once they are inactivated with imlifidase, there is a window of opportunity for the transplant to take place. By the time the body starts to synthesize new IgG, the patient will be receiving immunosuppressive therapy to reduce the risk of organ rejection.
The efficacy and safety of imlifidase as a pre-transplant treatment to reduce donor-specific IgG was studied in four phase 2 open-label, single-arm, six-month clinical trials.9,11-13
Hansa is now collecting further clinical evidence and will submit additional efficacy and safety data based on one observational follow-up study and one post-approval efficacy study. Idefirix® was reviewed as part of the European Medicines Agency's (EMA) PRIority MEdicines (PRIME) program, which supports medicines that may offer a major therapeutic advantage over existing treatments or benefit patients without treatment options.2
Idefirix® was granted conditional European Marketing Authorization from the EMA in August 2020 for the desensitization treatment of highly sensitized adult kidney transplant patients with a positive crossmatch against an available deceased donor. The use of Idefirix® should be reserved for patients who are unlikely to be transplanted under the available kidney allocation system, including prioritization programs for highly sensitized patients.2 Conditional approval allows the Agency to recommend a medicine for marketing authorization in cases where the benefit of a medicine's immediate availability to patients outweighs the risk that not all the data are available yet.
About kidney failure
Kidney disease can progress to kidney failure or End-Stage Renal Disease (ESRD), identified when a patient's kidney function is less than 15%.14 ESRD poses a significant health burden, affecting nearly 2.5 million patients worldwide.13 A kidney transplant is the treatment of choice for suitable patients with ESRD because it offers improved survival and quality of life benefits compared to long-term dialysis. There are approximately 80,000 kidney patients on transplant waiting lists across the European Union.15
Full product information can be accessed via the initial Summary of Product Characteristics found here.
About Hansa Biopharma
Hansa Biopharma is a pioneering commercial-stage biopharmaceutical company on a mission to develop and commercialize innovative, lifesaving and life-altering treatments for patients with rare immunological conditions. Hansa has developed a first-in-class immunoglobulin G (IgG) antibody-cleaving enzyme therapy, which has been shown to enable kidney transplantation in highly sensitized patients. Hansa has a rich and expanding research and development program based on the Company's proprietary IgG-cleaving enzyme technology platform, to address serious unmet medical needs in transplantation, autoimmune diseases, gene therapy and cancer. Hansa Biopharma is based in Lund, Sweden, and has operations in Europe and the U.S. The Company is listed on Nasdaq Stockholm under the ticker HNSA. Find out more at www.hansabiopharma.com.
References
1. https://www.nice.org.uk/guidance/indevelopment/gid-ta10552/documents
2. European Medicines Agency. Available at: https://www.ema.europa.eu/en/news/new-treatment-enable-kidney-transplant-highly-sensitised-patients. Last accessed December 2021
3. Eurostam Report (A Europe-wide strategy to enhance transplantation of highly sensitized patients on the basis of acceptable HLA mismatches.) Available at https://cordis.europa.eu/project/id/305385/reporting. Last accessed April 2021
4. Manook M, et al. Lancet 2017; 389(10070):727–734
5. Redfield R, et al. Nephrol Dial Transplant 2016; 31:1746–1753
6. Lonze BE, et al. Ann Surg 2018; 268(3):488–496
7. Database Global Observatory on Donation and Transplantation. Available at: http://www.transplant-observatory.org/data-charts-and-tables/.
8. Kuppachi S, et al. Transpl Int 2020; 33(3):251–259
9. Lorant T, et al. Am J Transplant 2018;18(11):2752–2762
10. Hansa. Idefirix® Summary of Product Characteristics
11. Jordan SC, et al. N Engl J Med 2017; 377(5):442–453
12. Winstedt L, et al. PLoS One 2015; 10(7): e0132011
13. Jordan SC, et al. Transplantation October 21, 2020 – volume online first issue
14. NIH (2018). What is kidney failure? Available at: https://www.niddk.nih.gov/health-information/kidney-disease/kidney-failure/what-is-kidney-failure. Last accessed May 2021
15. Newsletter Transplant 2020. pp 58–60.
This information was brought to you by Cision http://news.cision.com
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SOURCE Hansa Biopharma AB | https://www.kxii.com/prnewswire/2022/06/16/nice-recommends-use-hansa-biopharmas-idefirix-imlifidase-desensitization-treatment-highly-sensitized-kidney-transplant-patients/ | 2022-06-16T05:54:21Z |
NEW YORK, July 25, 2022 /PRNewswire/ -- Attention Verrica Pharmaceuticals, Inc. ("Verrica") (NASDAQ: VRCA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 28, 2021 and May 24, 2022.
If you suffered a loss on your investment in Verrica, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Verrica includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) there were manufacturing deficiencies at the facility where Verrica's contract manufacturer produced a bulk solution for the Company's lead product candidate, VP-102; (2) these deficiencies were not remediated when Verrica resubmitted its New Drug Application for VP-12 for molluscum; (3) the foregoing presented significant risks to Verrica obtaining regulatory approval of VP-102 for molluscum; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: August 5, 2022
Aggrieved Verrica investors only have until August 5, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/07/25/class-action-alert-law-offices-vincent-wong-remind-verrica-investors-lead-plaintiff-deadline-august-5-2022/ | 2022-07-25T11:04:09Z |
Invasive lizard threatens Georgia wildlife
By TRACYE HUTCHINS
Click here for updates on this story
ATLANTA, Georgia (WGCL) — Georgia’s population continues to grow. But now there’s something else that wants to call the Peach State home, it’s an invasive lizard called tegu.
Daniel Sullenberger, a Georgia Department of Natural Resources Senior Wildlife Biologist, tells CBS46, “if you see one it will be the biggest lizard you’ve ever seen in your life.”
Tegus grow as long as 4 feet and live close to 20 years. The invasive lizard is native to South America, but now it’s threatening Georgia wildlife.
Sollenberger says, “they’ll eat plants and animals, fruits, insects, small mammals, and they really really like eggs. We have a lot of things here that lay eggs that we don’t want them eating.”
The lizards will eat hatchlings of protected species, including the gopher tortoise and American alligators.
So far, tegus have been spotted in southeast Georgia in Toombs and Tattnall counties. They were likely once kept as pets. Georgia DNR officials say they’re not sure how the lizards got into our state, but they want to make sure their population has not spread.
Georgia DNR is asking all Georgians to watch out for tegus now during their most active season.
“Right now, they’re coming out of their burrows. They want to mate and they want to find food, so they’re moving around a lot, particularly the males will travel around a lot looking for other females, ” Sollenberger says.
You can spot tegus by their distinctive tail, which is black to dark gray with white speckled bands across the back. Tegu hatchlings have bright green on their heads, a coloration that fades at about one month old.
Sollenberger says, “they take up too much space in the food web, and there’s not really room for anything else without displacing some animals that we have here already that we’d like to keep around.”
Georgia DNR says if you see a tegu, take a picture and send it to them. And if you can, trap it legally.
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/2022/04/11/invasive-lizard-threatens-georgia-wildlife/ | 2022-04-12T01:14:52Z |
HOUSTON and LONDON, July 29, 2022 /PRNewswire/ --
Second Quarter 2022 Highlights
- Net Income: $1.6 billion, $1.7 billion excluding LCM and impairment(a)
- Diluted earnings per share: $4.98 per share, $5.19 per share excluding LCM and impairment
- EBITDA: $2.4 billion, $2.5 billion excluding LCM and impairment
- Record Intermediates & Derivatives segment quarterly EBITDA
- Cash from operating activities: $1.6 billion
- 24 percent return on invested capital over the trailing twelve months
- Returned $2.1 billion to shareholders in the form of dividends and share repurchases during the quarter
- Peter Vanacker started as LyondellBasell's new CEO on May 23rd
Comparisons with the prior quarter and second quarter 2021 are available in the following table:
LyondellBasell Industries (NYSE: LYB) today announced net income for the second quarter 2022 of $1.6 billion, or $4.98 per share. The company recognized a $69 million non-cash impairment charge during the quarter related to the exit from our Australian polypropylene business that impacted earnings by $0.21 per share. Second quarter 2022 EBITDA was $2.4 billion, or $2.5 billion excluding LCM and impairment. Second quarter 2022 EBITDA was further impacted by a $94 million non-cash pension settlement charge.
"With a diverse portfolio, strong cash generation and disciplined capital allocation, LyondellBasell is already well-regarded as one of the best operated companies in our sector. After my first two months as LyondellBasell CEO, I am convinced that our team has the passion and dedication required to grow these capabilities. Our aim is to build upon our strong position, our scale and our reach to establish LyondellBasell as a leader in serving the world's growing needs for circular and sustainable materials while reducing our carbon footprint. I look forward to sharing more of our plans about how LyondellBasell will advance our strategy and unlock additional value over the coming months," said Peter Vanacker, LyondellBasell Chief Executive Officer.
"Looking specifically at the second quarter, LyondellBasell's global portfolio of businesses delivered strong earnings and cash generation driven by record results from our Intermediates & Derivatives segment and exceptional refining margins. In addition, LyondellBasell is making tangible progress toward our goals to help address the global challenges of climate change and plastic waste," said Vanacker.
LyondellBasell's broad portfolio supported an 18 percent sequential growth in EBITDA during the second quarter. The Intermediates & Derivatives segment delivered record profitability. The Houston refinery ran at a rate of nearly 95 percent to support increased demand for gasoline, diesel and jet fuel. Olefins and polyolefins markets reflected distinct regional dynamics. While North American demand for products used in consumer packaging end markets remained strong, the company's volumes in Europe decreased due to downtime at the cracker in France and moderating regional demand near the end of the quarter. In China, markets remained weak due to zero-COVID measures and logistical challenges. Advanced Polymer Solutions results continued to be hindered by automotive production constraints.
LyondellBasell generated $1.6 billion in cash from operating activities during the quarter. The company remains committed to a disciplined approach to capital allocation. In the second quarter, $532 million was reinvested back into the businesses and $2.1 billion was returned to shareholders through the combination of a special dividend, an increased quarterly dividend and modest share repurchases. Strong shareholder returns continue to be a capital allocation priority at LyondellBasell.
During the quarter, LyondellBasell signed several renewable power purchase agreements that will help reduce the carbon footprint of operations. Since the launch of the Circulen portfolio in 2019, the company has sold over 140,000 tons of polymer manufactured from recycled and renewable feedstocks; an amount that represents the annual polyethylene and polypropylene demand from the population of Houston. LyondellBasell is scaling up the Circulen product lines to address the growing demand from our customers and society for renewable and circular materials.
OUTLOOK
"The power of our business portfolio is providing resilience during the third quarter with continued strength in demand from packaging markets and favorable margins for our oxyfuels and refined products. As consumers' needs move from durables toward service industries and mobility, LyondellBasell's diverse businesses are well positioned to serve evolving trends in global demand," said Vanacker.
Moderating demand and elevated costs for feedstocks and energy are likely to compress margins across most of the company's businesses in the third quarter. Potential benefits from China's reopening could provide tailwinds for our businesses toward the end of 2022. The company is carefully monitoring impacts from inflation, supply chain challenges and slowing economic conditions while positioning businesses appropriately.
LyondellBasell is beginning commissioning activities for its largest growth investment in the third quarter. The world-scale U.S. Gulf Coast propylene oxide and oxyfuels facility will deliver needed capacity to meet the rising demand for polyurethanes and high-octane, clean-burning oxyfuels. Polyurethanes are key materials used for insulation, windmill blades and light-weight vehicles.
"We expect our new propylene oxide capacity will provide a meaningful addition to our earnings starting in 2023 and help contribute toward a more sustainable world," said Vanacker.
CONFERENCE CALL
LyondellBasell will host a conference call July 29 at 11 a.m. EDT. Participants on the call will include Chief Executive Officer Peter Vanacker, Executive Vice President and Chief Financial Officer Michael McMurray, Executive Vice President Ken Lane, Executive Vice President Torkel Rhenman, Executive Vice President Jim Guilfoyle and Head of Investor Relations David Kinney. For event access, the toll-free dial-in number is 1-877-407-8029, international dial-in number is 201-689-8029 or click the CallMe link. The slides and webcast that accompany the call will be available at www.LyondellBasell.com/earnings. A replay of the call will be available from 1:00 p.m. EDT July 29 until August 29. The replay toll-free dial-in numbers are 1-877-660-6853 and 201-612-7415. The access ID for each is 13729909.
ABOUT LYONDELLBASELL
As a leader in the global chemical industry, LyondellBasell (NYSE: LYB) strives every day to be the safest, best operated and most valued company in our industry. The company's products, materials and technologies are advancing sustainable solutions for food safety, access to clean water, healthcare and fuel efficiency in more than 100 international markets. LyondellBasell places high priority on diversity, equity and inclusion and is Advancing Good with an emphasis on our planet, the communities where we operate and our future workforce. The company takes great pride in its world-class technology and customer focus. LyondellBasell has stepped up its circularity and climate ambitions and actions to address the global challenges of plastic waste and decarbonization. In 2022, LyondellBasell was named as one of FORTUNE Magazine's "World's Most Admired Companies" for the fifth consecutive year. For more information, please visit www.LyondellBasell.com or follow @LyondellBasell on LinkedIn.
FORWARD-LOOKING STATEMENTS
The statements in this release relating to matters that are not historical facts are forward-looking statements. These forward-looking statements are based upon assumptions of management of LyondellBasell which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. When used in this release, the words "estimate," "believe," "continue," "could," "intend," "may," "plan," "potential," "predict," "should," "will," "expect," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Actual results could differ materially based on factors including, but not limited to, market conditions, the business cyclicality of the chemical, polymers and refining industries; the availability, cost and price volatility of raw materials and utilities, particularly the cost of oil, natural gas, and associated natural gas liquids; uncertainties and impacts related to the extent and duration of the pandemic; competitive product and pricing pressures; labor conditions; our ability to attract and retain key personnel; operating interruptions (including leaks, explosions, fires, weather-related incidents, mechanical failure, unscheduled downtime, supplier disruptions, labor shortages, strikes, work stoppages or other labor difficulties, transportation interruptions, spills and releases and other environmental risks); the supply/demand balances for our and our joint ventures' products, and the related effects of industry production capacities and operating rates; our ability to manage costs; future financial and operating results; benefits and synergies of any proposed transactions; our ability to identify, evaluate and complete any strategic alternative related to the refinery; legal and environmental proceedings; tax rulings, consequences or proceedings; technological developments, and our ability to develop new products and process technologies; our ability to meet our sustainability goals, including the ability to operate safely, increase production of recycled and renewable-based polymers to meet our targets and forecasts, and reduce our emissions and achieve net zero emissions by the time set in our respective goals; our ability to procure energy from renewable sources; the successful shut down and closure of the Houston Refinery, including within the expected timeframe; potential governmental regulatory actions; political unrest and terrorist acts; risks and uncertainties posed by international operations, including foreign currency fluctuations; and our ability to comply with debt covenants and to repay our debt. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the "Risk Factors" section of our Form 10-K for the year ended December 31, 2021, which can be found at www.LyondellBasell.com on the Investor Relations page and on the Securities and Exchange Commission's website at www.sec.gov. There is no assurance that any of the actions, events or results of the forward-looking statements will occur, or if any of them do, what impact they will have on our results of operations or financial condition. Forward-looking statements speak only as of the date they were made and are based on the estimates and opinions of management of LyondellBasell at the time the statements are made. LyondellBasell does not assume any obligation to update forward-looking statements should circumstances or management's estimates or opinions change, except as required by law.
This release contains time sensitive information that is accurate only as of the date hereof. Information contained in this release is unaudited and is subject to change. We undertake no obligation to update the information presented herein except as required by law.
INFORMATION RELATED TO FINANCIAL MEASURES
This release makes reference to certain non-GAAP financial measures as defined in Regulation G of the U.S. Securities Exchange Act of 1934, as amended.
We report our financial results in accordance with U.S. generally accepted accounting principles, but believe that certain non-GAAP financial measures, such as EBITDA, net income and diluted EPS exclusive of adjustment for "lower of cost or market" ("LCM") and impairment provide useful supplemental information to investors regarding the underlying business trends and performance of the company's ongoing operations and are useful for period-over-period comparisons of such operations. Non-GAAP financial measures should be considered as a supplement to, and not as a substitute for, or superior to, the financial measures prepared in accordance with GAAP.
We calculate EBITDA as income from continuing operations plus interest expense (net), provision for (benefit from) income taxes, and depreciation and amortization. EBITDA should not be considered an alternative to profit or operating profit for any period as an indicator of our performance, or as an alternative to operating cash flows as a measure of our liquidity. We also present EBITDA, net income and diluted EPS exclusive of adjustments for LCM and Impairment. Our inventories are stated at the lower of cost or market. Cost is determined using the last-in, first-out (LIFO) inventory valuation methodology, which means that the most recently incurred costs are charged to cost of sales and inventories are valued at the earliest acquisition costs. Fluctuation in the prices of crude oil, natural gas and correlated products from period to period may result in the recognition of charges to adjust the value of inventory to the lower of cost or market in periods of falling prices and the reversal of those charges in subsequent interim periods, within the same fiscal year as the charge, as market prices recover. Property, plant and equipment are recorded at historical costs. If it is determined that an asset or asset group's undiscounted future cash flows will not be sufficient to recover the carrying amount, an impairment charge is recognized to write the asset down to its estimated fair value.
These measures as presented herein, may not be comparable to similarly titled measures reported by other companies due to differences in the way the measures are calculated. This release contains time sensitive information that is accurate only as of the time hereof. Information contained in this release is unaudited and subject to change.
LyondellBasell undertakes no obligation to update the information presented herein except to the extent required by law.
Additional operating and financial information may be found on our website at www.LyondellBasell.com/investorrelations. These measures as presented herein, may not be comparable to similarly titled measures reported by other companies due to differences in the way the measures are calculated.
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SOURCE LyondellBasell Industries | https://www.kxii.com/prnewswire/2022/07/29/lyondellbasell-reports-second-quarter-2022-earnings/ | 2022-07-29T11:49:54Z |
PALO ALTO, Calif., July 21, 2022 /PRNewswire/ -- TaskHuman, the 1:1 digital coaching platform, has raised $20 million in Series B funding to amplify human well-being and productivity in a digital world. Madrona led the round, with participation from Impact Venture Capital, RingCentral Ventures, Sure Ventures, and USVP, alongside new investors Gaingels, PeopleTech Angels, Propel(x), and Zoom Ventures. Participating angel investors also include Hemant Thapar and Margo Georgiades.
The latest funding brings TaskHuman's total raised to date to $35 million and will be used to supercharge product development, marketing, and sales efforts. The company is laser-focused on global expansion and scaling its network of over 1,000 coaches across nearly 50 countries, by recruiting world-class experts and specialists. Topics covered within well-being and work-life integration include physical fitness, family dynamics, emotional well-being, financial planning, career coaching, and leadership coaching.
"With growing disparate workforces, a need for healthy and happy employees, combined with the challenge of trying to mentor young executives remotely, TaskHuman's real-time 1:1 solutions have never been more relevant and needed," said Jack Crawford, Founding General Partner at Impact Venture Capital. "We saw their magic early, and now, we are thrilled to be investing alongside world-class venture capital firms like USVP, Madrona, and Zoom Ventures."
"This round of funding allows us to continue expanding our coaching offerings to support individuals' personal and professional needs while continuing to bring on a global network of specialists. Employees can then build out their own dream team of personal coaches that are accessible via video call at any time, with just the click of a button," said Ravi Swaminathan, co-founder and CEO of TaskHuman. "This also allows us to change the lives of thousands of specialists throughout the world. As the rise of the gig economy has opened up a world of possibilities for flexible work options, we take it one step further; TaskHuman coaches are able to make money by utilizing their passion and expertise to help others, and work from anywhere, whenever they want."
Impact Venture Capital is a Silicon Valley-based early-stage venture capital firm that invests alongside corporate venture groups and top-tier investors in early-stage technology startups with a focus on the artificial intelligence applied to security, finance, digital health, and other fast-growing industry sectors.
Founded in 2017, TaskHuman is the world's first real-time digital coaching platform, allowing users to amplify their daily work and personal life with 1:1 personalized guidance from LIVE specialists over video calls. With TaskHuman, instantly discover and connect with the world's most comprehensive global network of coaches, instructors, and specialists covering nearly 1,000 aspects of your well-being, such as physical fitness, mental well-being, spiritual, emotional, financial, career & leadership coaching, and more. With this platform, users can focus on self-care anytime — privately and cost-effectively. The company has nearly 60 full-time team members and nearly 1,000 coaches around the world across 20 different countries. TaskHuman is backed by USVP, Impact Venture Capital, Madrona Venture Group, and RingCentral Ventures. To learn more, follow TaskHuman on Twitter @taskhuman, download on the App Store or Google Play, and visit the company's website at https://taskhuman.com/.
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SOURCE Impact Venture Capital | https://www.kxii.com/prnewswire/2022/07/21/impact-venture-capital-co-invests-with-madrona-usvp-zoom-others-taskhumans-20m-series-b-amplify-human-well-being-productivity-digital-world/ | 2022-07-21T14:25:57Z |
Residents of Mandarin Oriental Residences, Fifth Avenue and Beverly Hills to Receive Unprecedented Benefits
NEW YORK, June 15, 2022 /PRNewswire/ -- Today, luxury development and investment firm SHVO announced an exclusive partnership between two of its residential developments, Mandarin Oriental Residences, Fifth Avenue, and Mandarin Oriental Residences, Beverly Hills, and Saks Fifth Avenue, the premier destination for luxury fashion. This first of its kind collaboration will provide residents at the New York and Beverly Hills properties with special in-residence offerings, VIP services and curated lifestyle programming.
"Partnering with Saks Fifth Avenue furthers our mission to bring together several of the world's most coveted names and partners to create a new standard of elevated luxury living," says Michael Shvo, Founder and Chairman of SHVO. "Residents at Mandarin Oriental Residences, Fifth Avenue and Beverly Hills will experience a new lifestyle paradigm unlike any other, which is now further strengthened by the introduction of Saks' exclusive services."
Owners at the forthcoming Mandarin Oriental Residences, Fifth Avenue, located at 685 Fifth Avenue in New York City, and Mandarin Oriental Residences, Beverly Hills, at 9200 Wilshire Boulevard, will enjoy several exclusive cross-channel benefits bringing together the best from Saks' digital platform and in-store experiences, such as a dedicated Saks concierge and Saks Stylist, as well as exclusive experiences, such as private after hours in-store shopping, at-home styling appointments and same-day delivery.
Developed by SHVO, Mandarin Oriental Residences, Fifth Avenue and Beverly Hills will provide the epitome of luxury lifestyle with the best of both worlds; the comforts of a private home combined with the unsurpassed amenities and legendary service of Mandarin Oriental––but without the hotel guests. These two properties are the first standalone residences in the U.S. launched by Mandarin Oriental Hotel Group, where there is no hotel directly attached to the residences. Alongside the five-star amenities and offerings set across both locations and dining experiences by Michelin-starred chef and Chevalier de la Légion d'honneur Daniel Boulud, this unprecedented new partnership with Saks Fifth Avenue adds yet another point of distinction.
"As a leading fashion authority, Saks is known for delivering the very best in luxury shopping and services," stated Stephanie Maher, SVP Brand Marketing, Saks. "We're thrilled to collaborate with SHVO on this exclusive program to bring top-tier luxury fashion, beauty and lifestyle experiences to its Mandarin Oriental residences, Fifth Avenue and Beverly Hills."
To commemorate the partnership's launch, the Mandarin Oriental Residences' lifestyle campaign, "It Happened," by renowned photographer David Lipman, will be displayed in windows at Saks Fifth Avenue locations in New York City and Beverly Hills throughout June, and on a Mandarin Oriental Residences dedicated landing page launching on Saks.com on June 14.
Located at the epicenter of Manhattan's most iconic thoroughfare, Fifth Avenue, known as a destination for luxury retail, Mandarin Oriental Residences, Fifth Avenue reimagines luxury and convenience through legendary service and an exceptional turnkey offering only blocks away from the Saks New York flagship store. Mandarin Oriental Residences, Fifth Avenue has twenty-nine floors and sixty-nine turnkey residences with views of Central Park, Fifth Avenue, and the Manhattan skyline. Amenities at Mandarin Oriental Residences, Fifth Avenue include a private residential lobby, spa, salon, rooftop pool and lounge, state-of-the-art fitness center, Chef Daniel Boulud's first private restaurant exclusive to residents, Boulud Privé, and the Mandarin Oriental concierge team, available to meet homeowners' every need.
Mandarin Oriental Residences, Beverly Hills––a full-city block located alongside the famed "Golden Triangle" of Beverly Hills and only moments from Rodeo Drive, is the first new condominium in Beverly Hills in over a decade, offering an array of exclusive and unprecedented experiences. Designed by architectural firm MVE + Partners and interior design firm 1508 London, Mandarin Oriental Residences, Beverly Hills has fifty-four one-to-four-bedroom residences, all featuring outdoor terraces and floor-to-ceiling Vitrocsa windows with hairline mullions that maximize light and air. A private forty-foot pool with cabanas, residents-only spa, and state-of-the-art fitness center with Technogym equipment is located on the private rooftop, offering panoramic views of Beverly Hills and the Hollywood Hills. Chef Daniel Boulud will open his first West Coast restaurant on the ground floor of Mandarin Oriental Residences, Beverly Hills as well as offer residents in-residence dining.
Closings for both properties are anticipated to commence in 2022. For further information, please visit Mandarin Oriental Residence, Fifth Avenue at www.mo-residencesfifthavenue.com and Mandarin Oriental Residences, Beverly Hills at www.mo-residencesbeverlyhills.com,
About SHVO
SHVO is a real-estate development and investment firm built on the vision of founder and CEO, Michael Shvo, to create culture-defining experiences in iconic properties. Headquartered in New York City with offices in Miami, San Francisco, Los Angeles, and Chicago, SHVO owns and operates a national portfolio with more than $8 billion in assets under management with more than 4.5 million square feet across industry sectors, including commercial office and retail, hospitality, and luxury residential assets. The firm's selective portfolio of architecturally significant properties, from innovative ground up new developments to revitalized landmarks that define skylines in the world's leading cities, includes the Transamerica Pyramid in San Francisco, The Raleigh Hotel in Miami Beach, 333 South Wabash Avenue also known as, "The Big Red," in Chicago, Mandarin Oriental Residences at 9200 Wilshire Boulevard in Beverly Hills, Mandarin Oriental Residences Fifth Avenue in New York City and the AMAN New York, hotel and residences at the Crown building. For more information visit www.shvo.com.
About Mandarin Oriental Hotel Group
Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world's most luxurious hotels, resorts and residences. Having grown from its Asian roots into a global brand, the Group now operates 36 hotels and seven residences in 24 countries and territories, with each property reflecting the Group's oriental heritage and unique sense of place. Mandarin Oriental has a strong pipeline of hotels and residences under development, and is a member of the Jardine Matheson Group. Visit mandarinoriental.com. Photography of Mandarin Oriental is available to download in the Photo Library of the Media section, at www.mandarinoriental.com.
About Saks Fifth Avenue:
Saks Fifth Avenue is the premier destination for luxury fashion, driven by a mission to help customers express themselves through relevant and inspiring style. Since 1924, it has delivered one-of-a-kind shopping experiences, featuring an expertly curated assortment of fashion and highly personalized customer service. Saks Fifth Avenue's unique approach combines an emphasis on the digital customer experience with a strong connection to a network of 41 extraordinary stores across North America for seamless, all-channel shopping. Shop on saks.com and the Saks app, or visit saks.com to find a Saks Fifth Avenue store location near you. Follow @saks on Instagram, TikTok, Facebook and Twitter, and @thesaksman on Instagram.
Dedicated Mandarin Oriental Page on Saks.com Here
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SOURCE SHVO | https://www.mysuncoast.com/prnewswire/2022/06/15/shvo-announces-exclusive-partnership-with-saks-fifth-avenue-mandarin-oriental-residences/ | 2022-06-15T16:53:22Z |
HARRISBURG, Pa. (AP) — One candidate is unabashedly blunt, willing to embrace progressive positions, doing little to build rapport with party leaders and dominating rooms with a 6-foot-8-inch frame. The other crafts a more moderate image, a deliberate public speaker who became a congressional aide out of college and has carefully cultivated relationships within the party ever since.
In both style and substance, John Fetterman and Josh Shapiro strike dramatically different profiles.
Yet their fate — and that of the Democratic Party — is intertwined in a pair of Pennsylvania elections that will be among the most closely watched in the U.S.
Fetterman offers Democrats their clearest path to picking up a U.S. Senate seat, which could go a long way in helping the party keep control of the chamber.
Shapiro, meanwhile, poses even larger existential questions as he faces a Republican rival for governor who has embraced conspiracies about the last presidential election and would have significant influence over running the next one in the premier battleground state.
“The stakes have never been higher, the contrast has never been clearer,” Shapiro told state Democratic Party committee members at their Saturday meeting in Gettysburg. “This commonwealth has the power to decide whether we have the 51st senator. This commonwealth has the power to decide whether the great experiment that started in the city of Philadelphia 245 years ago continues.”
With the stakes so high, Fetterman and Shapiro are working toward a united front ahead of the fall election.
They are participating in a coordinated campaign funded and run by national and state party organizations, including the Democratic National Committee, Democratic Governors Association and the Democratic Senatorial Campaign Committee.
Together, these groups could send more money to Pennsylvania than anywhere else to register and persuade voters as part of what the state party calls “the largest and earliest midterm coordinated campaign in Pennsylvania history.”
Such help from national organizations may be badly needed in a big swing state.
After backing Donald Trump in the 2016 presidential campaign, Pennsylvania swung to Joe Biden in 2020 — but only by about 1 percentage point. And Democrats gearing up for the 2022 campaign are already facing huge challenges.
Fetterman suffered a stroke just days before winning his party’s nomination for the Senate race last month and has not yet returned to the campaign trail, or given much indication when he will do so. And both candidates will be running in a difficult environment for Democrats, weighed down by Biden’s unpopularity and rising prices for everyday goods, food and gasoline.
Aides to both campaigns say the coordination has already begun.
Fetterman’s and Shapiro’s campaigns say they have been in touch often, and Shapiro said he has texted with Fetterman since Fetterman’s stroke.
Campaign aides say they expect the men will appear together at bigger events, such as rallies, regional campaign office openings or party events to raise money, help boost turnout or highlight down-ticket candidates.
Earlier this month, Fetterman’s wife, Giselle, stood in for him at an event with Shapiro where they spoke at the opening of a coordinated campaign office in Pittsburgh.
“I look forward to getting John out here, and I know he’s chomping at the bit to get out, too,” Shapiro said Friday. Fetterman’s campaign said in a statement that “we look forward” to campaigning with Shapiro and helping other Democrats on the fall ballot.
For now, Fetterman’s health hangs over the campaign amid questions his whether he has been honest about the severity of his condition.
Fetterman’s neurologists and cardiologist have not taken questions from reporters, and the campaign took three weeks after the stroke to disclose that he also had a serious heart condition.
Republican campaign coordination is run through the Republican National Committee, but the party’s top-of-the-ticket candidates — celebrity heart surgeon turned Senate candidate Mehmet Oz and gubernatorial nominee Doug Mastriano — are making no firm commitments so far to campaigning together.
In a statement, Oz’s campaign said he “supports the Republican ticket in Pennsylvania because he believes we’ve got to send a message to Joe Biden about inflation, gas prices, and the out of control crime problem” and “looks forward to seeing (Mastriano) out on the trail this summer.”
The campaigns haven’t said whether Oz and Mastriano have even met, other than exchanging text messages after their respective primary victories. Mastriano’s campaign did not respond to questions.
Mastriano is viewed warily by party leaders and campaign strategists. He has spread Trump’s lies about widespread election fraud in the 2020 presidential election and was a leading proponent in Pennsylvania of Trump’s drive to overturn the result. He also was in the crowd outside the U.S. Capitol during the Jan. 6, 2021, attack by Trump supporters after attending the “Stop the Steal” rally nearby.
If they do campaign together, it may be uncomfortable: Mastriano, a state senator, endorsed a rival to Oz in the primary and criticized Oz on the campaign trail, suggesting at one point that Oz is really a liberal and a carpetbagger — a nod to Oz moving from his longtime home in New Jersey to run in Pennsylvania.
Plus, before Mastriano was elected to the state Senate in 2019, he repeatedly posted Islamophobic material on Facebook. Oz is Muslim.
In a statement, the RNC said it has been “on the ground” in Pennsylvania since 2016, training and mobilizing activists, registering voters, opening offices and working with the state party and its nominees.
For now, Republicans are trying to paint Fetterman and Shapiro as extreme, but also zeroed in on Fetterman’s stroke in a digital ad, suggesting he has not been honest about the effects of it.
“Has John Fetterman been telling the truth about his health?” says a narrator in the digital ad by the National Republican Senatorial Committee.
Democrats insist they aren’t worried about Fetterman recovering from the stroke, and Colleen Guiney, the party chair in Delaware County, said it will only be talked about as a distraction from important issues, such as Republican attempts to destroy the county’s democracy and render the Senate dysfunctional through the filibuster.
Fetterman has avoided media interviews as party leaders — including Biden — try to assure rank-and-file Democrats that Fetterman is fine and will be able to resume campaigning soon.
“I know he can’t wait to get back on the trail,” Biden said during remarks at last week’s AFL-CIO convention in Philadelphia. “He’s looking good.”
Fetterman and his wife gave a 90-second video address played Saturday at the state party’s committee meeting in Gettysburg. In it, Fetterman stressed the Shapiro-Fetterman ticket to go up against “the Oz-Mastriano extreme, bizarre and dangerous ticket.”
“I’m so proud to be one part of the ticket here,” Fetterman said. “And this year we have Josh Shapiro to be our next governor. And let me just let you know that we will be back very soon, to be back up to 100% to be back in every one of our 67 counties, because Josh and I have always been committed to a full every-67-county campaign.”
Shapiro and Fetterman have a political relationship going back to at least 2016, when Fetterman hosted a fundraiser for Shapiro at his home in Braddock.
Still, Shapiro and Fetterman have at times had a strained relationship over conflicting stances on the state pardons board — and a report just days before the primary election by The Philadelphia Inquirer underscored that.
Citing unnamed people as the source, the Inquirer reported that Fetterman had threatened a couple of years ago to run for governor against Shapiro — unless Shapiro voted for certain applicants in front of the pardons board.
Shapiro did, but has denied that politics drove his votes or that any such conversation with Fetterman ever happened, and a spokesperson for the attorney general’s office called the claim “nothing short of outrageous.” Fetterman has been silent about it.
Democrats say it is not a point of discussion among activists, and they are rather focused on what is on the line in the Nov. 8 election.
That election is about choosing between candidates “who are working for effective government that will serve all of our communities,” Guiney said, and candidates aligned with “people who are willing to sacrifice the fundamental fabric of our democracy for their personal gain.”
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Follow Marc Levy on Twitter at twitter.com/timelywriter
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Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter at https://twitter.com/ap_politics | https://cw33.com/news/politics/ap-politics/unlikely-duo-pennsylvania-democrats-aim-for-united-front/ | 2022-06-20T08:44:09Z |
New capital underscores BetterCloud's market leadership and high demand for its leading SaaS Management Platform
NEW YORK, June 9, 2022 /PRNewswire/ -- BetterCloud, the leading SaaS Management Platform provider, today announced a strategic growth investment from Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses. The partnership will enable BetterCloud to continue to accelerate growth and product innovation, expand into new geographic markets and continue to build best-in-class capabilities for its global customer base. BetterCloud's existing investors, including Accel, Bain Capital Ventures, Warburg Pincus and others, will continue as minority investors.
Businesses are embracing SaaS faster than ever before. Today, organizations use an average of 110 SaaS applications, yet many companies lack the resources, tools and know-how to properly manage their rapidly growing stack. This has created an urgent need to better protect critical business data, while keeping employees productive. In order to achieve this, IT departments need full visibility into which applications employees use and how they are using them, as well as a way to automate critical tasks, like onboarding and offboarding employees across all of their SaaS applications.
Founded in 2011, BetterCloud was designed to help IT teams manage every aspect of a company's SaaS application stack. The platform features capabilities in three key areas of SaaS Operations Management: Application Insights, User Lifecycle Management and Data Protection. Thousands of leading enterprise organizations, including Block (formerly Square), Oscar Health and HelloFresh rely on BetterCloud to automate processes and policies across their SaaS application portfolio.
"From day one, we've been laser focused on enabling companies to adopt best-in-breed SaaS applications in a secure and scalable way," said David Politis, CEO, BetterCloud. "This investment is a major milestone in that journey, and one that will allow us to continue to define and lead the SaaS Management category now and in the future. Vista is the perfect partner for BetterCloud given their tremendous experience and track record of investing in the best SaaS companies in the world, and their keen understanding of the value behind SaaS management. Together, we will continue to deliver on the promise of 'zero touch' SaaS management and elevate the role of IT in enterprises around the world."
"As the suite of SaaS applications for the enterprise continues to grow and is further integrated into operations, application management has become mission-critical for businesses," said Patrick Severson, Co-Head of Vista's Foundation Fund and Senior Managing Director. "David and the BetterCloud team have established the market leading SaaS management platform, empowering employees and creating a more secure SaaS ecosystem for all of their customers. We are thrilled to partner with them and look forward to a bright future together."
J.P. Morgan Securities LLC served as financial advisor and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP acted as legal counsel to BetterCloud. Kirkland & Ellis LLP served as legal advisor to Vista.
BetterCloud is the market leader for SaaS Operations, enabling IT professionals to transform their employee experience, maximize operational efficiency, and centralize data protection. With no-code automation enabling zero touch workflows, thousands of forward-thinking organizations like Block (formerly Square), Oscar Health and HelloFresh now rely on BetterCloud to automate processes and policies across their cloud application portfolio. For more information, please visit www.bettercloud.com.
Vista is a leading global investment firm with more than $93 billion in assets under management as of December 31, 2021. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit, and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista's investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at vistaequitypartners.com. Follow Vista on LinkedIn, @Vista Equity Partners, and on Twitter, @Vista_Equity.
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SOURCE BetterCloud | https://www.mysuncoast.com/prnewswire/2022/06/09/bettercloud-announces-strategic-growth-investment-vista-equity-partners/ | 2022-06-09T12:41:39Z |
Preparing people and businesses for the digital economy through short-form learnings.
SACRAMENTO, Calif., May 18, 2022 /PRNewswire/ -- Clapself, Inc. a California based start-up, today announced the launch of its bite-sized learning platform. Founded by serial entrepreneurs who earlier sold a patented technology to Google, Clapself helps people thrive in the connected world.
" More than 70% of the people drop out of the online courses they buy. Clapself powers today's busy learners by offering them a short and engaging learning experience. We are on a mission to prepare people and businesses for the possibilities and opportunities of tomorrow," said Anuj Kanish, Co-founder & CEO of Clapself.
Fast growing digital economy would create 149 million new jobs globally by 2025. Individuals and businesses need access to the knowledge and skills required for leveraging these new opportunities.
"I am delighted to welcome another tech startup emerging in the Sacramento region. A platform like Clapself can be instrumental in reskilling people to capture the new economic opportunities, and bringing people from diverse backgrounds closer through an exchange of their inspirations and learnings," said Barry Broome, President & CEO, Greater Sacramento Economic Council.
Fueled by the pandemic, e-learning market size is projected to grow to $325 Billion by 2025. The changing online habits, busy lifestyle, and shrinking attention spans of people are driving the widespread adoption of micro-learning.
"It's great to see a platform where industry leaders and experts can give back to the community through their insightful and inspirational learnings all while boosting their brands," said Dave Sanders, Managing Partner at Worldbridge Partners, and Strategic Advisor to Clapself.
"Clapself offers businesses a new way to grow the talent pipeline around their offerings and helps them inspire and upskill their people for leveraging the new business opportunities driven by digital transformation," said Ramna Sharma, Co-founder & CPO.
About Clapself, Inc
Clapself is an online platform for bite-sized learnings. Through short-form video learning, Clapself powers people and businesses to leverage the opportunities of the connected world. Clapself enables experts to share learnings and inspirations that positively impact lives. It provides brands a unique way to engage with their target audience through learnings. Headquartered in Sacramento, California, Clapself is a virtual-first organization with teams spread across multiple continents. Clapself's mission is to inspire learning and improve lives. Learn more at clapself.com/about. Media enquiries: pr@clapself.com.
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SOURCE Clapself, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/18/tech-startup-clapself-launches-platform-bite-sized-learnings/ | 2022-05-18T16:34:25Z |
Man sets family home on fire, leads police on chase
SHERMAN, Texas (KXII) - Sherman Police said they responded to a disturbance Sunday night, involving a man covering the front door of his family’s apartment with gasoline.
Police said 34-year-old Ryan Wright covered the front door of his family’s apartment on North Heritage Parkway with gasoline and set it on fire. Wright fled the scene before officers arrived.
Officers said during their investigation Wright’s vehicle was observed in Howe travelling southbound on US 75, and when a traffic stop was attempted, Wright fled.
The vehicle was pursued by police to Plano where troopers from the Department of Public Safety took over the pursuit. DPS pursued the vehicle for approximately one hour before terminating the pursuit.
Police said detectives were able to determine Wright made it to San Marcos, and the San Marcos Police Department was able to locate and arrest Wright on an active warrant for Arson.
Officers said the fire set by Wright did not spread past the door and only caused minor damage.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/05/10/man-sets-family-home-fire-leads-police-chase/ | 2022-05-10T16:37:28Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Oscar Health, Inc. (NYSE: OSCR) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Oscar Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's March 2021 initial public offering.
Lead Plaintiff Deadline: July 11, 2022
No obligation or cost to you.
Learn more about your recoverable losses in OSCR:
https://www.kleinstocklaw.com/pslra-1/oscar-health-inc-loss-submission-form?id=28128&from=4
CLASS ACTION CASE DETAILS: The filed complaint alleges that Oscar Health, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Oscar was experiencing growing COVID-19 testing and treatment costs; (2) Oscar was experiencing growing net COVID costs; (3) Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation result relating to 2019 and 2020; (4) Oscar was on track to be negatively impacted by significant SEP membership growth; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Oscar you have until July 11, 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 Oscar 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 OSCR lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/oscar-health-inc-loss-submission-form?id=28128&from=4.
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/2022/06/07/oscr-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-11-2022-class-action-filed-behalf-oscar-health-inc-shareholders/ | 2022-06-07T10:12:43Z |
The series provides users with a comfortable noise-free experience when using electricity outdoors
NINGBO, China, Sept. 5, 2022 /PRNewswire/ -- GONEO, an international brand owned by Gongniu Group, a Chinese manufacturer of consumer-demand oriented electrical products, has made its new Silent series portable power stations available on Amazon.com. With a sufficient and stable power supply that powers electrical devices outdoors, the Silent series features a noise-free design that allows users to immerse themselves in nature while camping, delivering a quiet and comfortable experience when using electricity.
By using GONEO's unique outdoor power cooling technology, the fan that is a necessary component of traditional outdoor energy storage products is eliminated, bringing the noise level down to below 5dB. The fanless Silent series significantly enhances the camping experience for campers and outdoors enthusiasts by addressing the noise problem they may face when charging electrical products in the wild.
- When fishing lakeside, or from a kayak or canoe in quiet waters, the Silent series can provide power to electronic devices without making noise that may disturb and scare away the fish.
- When used in combination with a continuous positive airway pressure (CPAP) machine for an overnight retreat at the campground, the Silent Series soundlessly provides uninterrupted power to the machine so that the campers can sleep undisturbed.
- When camping out with the whole family, the power station can charge everyone's devices overnight without making any noise, creating a quieter and more comfortable sleeping environment for both children and adults.
The Goneo Silent series includes 300W/303Wh, 600W/607Wh and 1000W/1016Wh models with 3 different power outputs and battery capacities that meet the expectations of campers and outdoors enthusiasts who need to charge outdoor appliances with different power outputs in various camping scenarios.
About GONEO
Goneo, the international renewable energy brand of Gongniu Group, formally entered world markets in 2021 with an ongoing commitment to providing consumers with a safe and comfortable experience of using electricity through innovation in technologies and materials.
About Gongniu Group
Founded in 1995, Gongniu Group is one of the top 500 manufacturing companies in China and is mainly engaged in the R&D, production and sales of electrical products for consumer use. The company listed on Shanghai Stock Exchange's Main Board (stock code: 603195) on February 6, 2020. Based on its years of experience in professional technologies for and manufacturing of consumer demand-oriented electrical devices and equipment, the firm established a renewable energy business unit in early 2021 that focuses on the R&D and production of products powered from renewable and sustainable energy sources, with the aim of providing consumers worldwide with high-quality renewable energy solutions.
GONEO's official website: https://goneohome.com/
Contact: Distributors: sales@goneohome.com
Influencers & Key Opinion Leaders: marketing@goneohome.com
Goneo Testers: marketing@goneohome.com
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SOURCE Goneo | https://www.mysuncoast.com/prnewswire/2022/09/05/goneo-launches-new-silent-series-portable-power-stations/ | 2022-09-05T14:07:36Z |
Carnival: Paint project affected some cruise passengers
Published: May. 26, 2022 at 2:18 PM CDT|Updated: 54 minutes ago
NORFOLK, Va. (AP) — Carnival Cruise Line says a painting project is to blame for an odor that affected some cruise ship passengers and prompted the U.S. Coast Guard to investigate.
Petty Officer Stephen Lehmann says the Coast Guard dispatched a crew to the Carnival Magic ship on Thursday.
He says no one was evacuated for medical treatment.
In a written statement, Carnival said some passengers were affected by the odor from an outside painting project and were aided by crew members.
Carnival says all passengers have now disembarked in Norfolk as planned.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/26/carnival-paint-project-affected-some-cruise-passengers/ | 2022-05-26T20:12:53Z |
Local businesses join coalition to share how their businesses benefit from the internet
SACRAMENTO, Calif., April 6, 2022 /PRNewswire/ -- After a recent economic study finds direct links between the internet ecosystem and economic growth in California, California-based businesses join the national coalition Internet for Growth to help tell their individual stories of how they and their businesses have benefited from the internet ecosystem.
The Economic Impact of the Market-Making Internet, a study released every four years by the Interactive Advertising Bureau (IAB), finds that the internet contributed $392 billion to the state's GDP in 2020, and accounts for more than 1.1 million jobs.
The growth in California's internet jobs has been remarkable, going from just over 290,000 in 2012 to 1.1 million in 2020—a growth rate of 283 percent.
Recently, the IAB helped launched a national coalition, Internet for Growth, to help capture the stories of the millions of creators, entrepreneurs, and small businesses that rely on the ad-supported internet so that as policy makers consider regulations, they have a full understanding of how the internet is being used to help grow and transform our economy. Internet for Growth has more than 300 small business members including several based in California including AE Modern Construction in North Hollywood and Rancho Los Magueyes Mexican restaurant in Upland.
"This type of growth shows how critical the internet really is to our state's economy and to businesses of every size and sector," said Diana Eloeva, director at AE Modern Construction in North Hollywood. "I joined the Internet for Growth coalition because I want policymakers to understand how critical the internet has been to my business, and that it's important to every part of our state's economy, whether that's in Silicon Valley or the San Fernando Valley."
According to the study, California alone is home to 30 Congressional districts that each have at least 10,000 internet-dependent jobs. In seven California Congressional districts, internet-related jobs employ at least five percent of the population.
This dramatic job growth can be attributed to a number of factors, including the internet's ability to improve and refine advertising and marketing approaches, particularly for small businesses.
"The internet lowers the cost of entry to the marketplace for all businesses, but it's particularly important for small businesses," said Gustavo Rivera, Manager at Rancho Los Magueyes Mexican restaurant in Upland, California. "Small businesses and the self-employed created 38 percent of internet jobs—that's more than medium (28%) or large firms (34%). This clearly shows how the internet democratizes business creation, allowing even independent restaurants and small businesses to compete."
"The internet has been crucial to our survival during the pandemic," said Rivera. "Through our website, we are able to take online orders, which was a lifeline for us when in-person dining was shut down. We use Instagram to advertise our food and cocktails to our customers, as well as announce promotions and send out news and updates. These tools have been critical for the survival of our business over the last two years."
Nationally, the study finds that the internet economy grew seven times faster than the overall total US economy, creating more than 7 million jobs in the last four years.
About Internet for Growth
Internet for Growth, an initiative of the Interactive Advertising Bureau, supports the transformative role the advertising-supported internet plays in empowering America's small businesses, helping entrepreneurs bring their ideas to life. Supported by a diverse community of over 700 IAB members including marketers, agencies, publishers, platforms, and ad tech providers, as well as hundreds of small businesses and creators, we highlight the benefits the internet delivers to local economies, expanding opportunities for innovators to reach markets far beyond their neighborhoods. Our work ensures people understand the limitless opportunity the internet provides for creativity and commerce, fair competition, and connecting with consumers on mutually shared values and interests, no matter the background or geography.
Media Contact: Ashley Lautzenhiser
ashley@rodriguezstrategies.com, 310-968-3556
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SOURCE Internet for Growth | https://www.kxii.com/prnewswire/2022/04/06/economic-study-finds-internet-contributes-1-million-jobs-392b-gdp-california/ | 2022-04-06T17:32:45Z |
Celebrating ambitious pioneers tackling our biggest challenges
LAKEWOOD, Ohio, May 31, 2022 /PRNewswire/ -- Ernst & Young LLP announced Michael Schroeder, founder and President of Roundstone Insurance, as an Entrepreneur Of The Year® 2022 East Central Award finalist. Entrepreneur Of The Year is a preeminent competitive business award for leaders of high-growth companies who think big to succeed.
Schroeder was selected by a panel of independent judges using the following criteria – entrepreneurial spirit, purpose, growth, and impact – among other core contributions and attributes.
"Being selected as a finalist for the Entrepreneur Of The Year award is testament to the efforts and contributions of the entire Roundstone team as we continue to grow at a fast pace," said Michael Schroeder, founder and President of Roundstone. "I am honored to be recognized in pursuit of a mission that I care deeply about: affordable, high-quality healthcare for all – and the part our company plays in helping small and mid-size businesses offer great health benefits to their employees."
Regional winners will be announced at the East Central awards celebration on June 16, 2022 at Stage AE in Pittsburgh, PA. Those winners will be considered by the national independent judging panel for the Entrepreneur Of The Year National Awards, which will be presented at the annual Strategic Growth Forum®, a prestigious gathering of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will move on to compete for the EY World Entrepreneur Of The Year™ Award.
For over 35 years, EY US has celebrated the unstoppable entrepreneurs who are building a more equitable, sustainable, and prosperous world for all. The Entrepreneur Of The Year program has recognized more than 10,000 US executives since its inception in 1986. Winners have exclusive, ongoing access to the experience, insight, and wisdom of fellow members of the entrepreneurial community in over 60 countries.
About Roundstone Insurance
Roundstone is an innovative insurance organization founded in 2003 with a vision of giving small and mid-size businesses a proven strategy for affordable employee health insurance – our customers pay only for the healthcare they use while keeping the savings. Our self-funded group captive solution delivers high-quality care, reduces claims volatility, and returns savings back to employers and employees– a win-win all around. Roundstone is headquartered in Lakewood, Ohio. Follow our blog, LinkedIn, and Twitter.
Media Contact:
Terri White
Roundstone Insurance
440.617.0333 x380
twhite@roundstoneinsurance.com
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SOURCE Roundstone Insurance | https://www.wibw.com/prnewswire/2022/05/31/ey-announces-mike-schroeder-roundstone-insurance-entrepreneur-year-2022-east-central-award-finalist/ | 2022-05-31T13:55:33Z |
How to choose the best greenhouse for your needs
Greenhouse gardening has long been a commercial activity practiced by growers who need a controlled environment to produce crops of foods and flowers during what is otherwise an off-season. A backyard greenhouse is a simple walk-in structure that holds shelves full of plants sheltered from the cold while exposed to the sunlight so they can grow even in winter.
What are greenhouses made of?
Metal frames
Budget greenhouses typically use aluminum construction which is usually treated to resist rust. Better greenhouses use steel, usually powder-coated.
Plastic film walls
Most greenhouses use treated plastic film sheeting that should be replaced once a year. Plastic films are strong but thin and can be punctured easily by sharp objects. Better-made greenhouses have two layers of polyethylene film with a layer of air in between, providing better insulation than a single sheet.
Polycarbonate walls
More expensive greenhouses have rigid wall panels that are far sturdier than sheet plastic. Polycarbonate walls also do a much better job of insulating than plastic film.
Roofs
Because they’re made to be used in the winter, greenhouses need curved or sloped roofs to prevent snow from accumulating.
How are greenhouses shaped?
There are four basic types of greenhouse designs made for homeowners:
- Tunnel greenhouses are built with curved roofs that provide maximum headroom in the middle. They have transparent or translucent walls and one or two doors.
- Half-tunnel greenhouses are built to stand next to a wall where they are sheltered from the wind.
- A-frame greenhouses have pointed, steeply sloping roofs like ski chalets. The roofs are made to shed snow instead of allowing it to accumulate on the roof while also providing headroom in the center aisle. This type has at least one door.
- Shelf greenhouses take up only a small footprint with three or four stacked shelves.
What keeps greenhouses from blowing away?
Most backyard greenhouses are lightweight, and their flat walls allow lots of wind to push on them. They must be made stable to stand up to winds so they won’t be damaged or knocked over.
- Tie-downs are crucial to keeping a greenhouse securely moored in high winds. Look for greenhouses that include stakes and ropes to secure them with, just as you would with a camping tent. Strong straps with ratcheting buckles make tie-downs even more secure.
- Frames need to be sturdy enough to withstand the flexing that comes with high winds without giving way at a critical point.
How do I put a greenhouse together?
- Check your local zoning laws.
- Select a location. Choose a level spot that has good sun exposure, good drainage and at least some protection from wind. Position your greenhouse so the primary wall faces south.
- Get a friend to help. There are many pieces, some of which are heavy and hard to handle alone.
- Set aside enough time. Assembling a greenhouse will take a fair amount of time and effort.
- Check the parts against the list. You are putting together a three-dimensional structure with many connectors that must fit snugly and securely.
- Assemble the frame. Make sure all connectors and fittings are tightened according to manufacturer expectations.
- Add the walls. Attach them to the frame as per the instructions.
- Add the windows and doors and check for alignment.
- Add tie-downs. The best way to secure your greenhouse is to rope and stake it like a camping tent.
What you need to buy for your backyard greenhouse
Shelves
Only a few greenhouses come with shelves, so don’t assume from the pictures that yours does. Check to see what they’re made of and how much of a load they can support. Plastic shelves are lightweight and won’t corrode, but are not as sturdy.
Budget greenhouses
Giantex Portable Mini Greenhouse
This greenhouse includes four vertically stacked shelves in a 5-foot tall, heavily reinforced polyethylene package that takes up less than 4 square feet. The zippered door rolls up to provide access to your plants.
Where to buy: Sold by Amazon
Wildgreen Mini Outdoor Walk-in Greenhouse
You get three tiers of shelving on each side of this 10-square foot greenhouse with zippered roll-up door and windows
Where to buy: Sold by Amazon
Strong Camel 5- by 10-foot Walk-Through Greenhouse
This clever design sits against a wall in your home or garage for stability in windy areas. You get a galvanized steel frame with three tiers of open wire shelves, six on one side, double-stitching and a zippered door at each end.
Where to buy: Sold by Amazon
Midrange greenhouses
Outsunny 10- by 26-foot Walk-in Tunnel Garden Greenhouse
You get 260 square feet of sheltered growing space with this 7-foot-tall polyethylene greenhouse. It’s constructed with a powder-coated steel frame and has 12 windows for maximum exposure to the sun.
Where to buy: Sold by Amazon
Outsunny 6- by 8-foot Walk-in Garden Greenhouse
Rolling up the doors at either end lets you air out this 48-square-foot space with plastic sheeting that attaches to the powder-coated steel frame.
Where to buy: Sold by Wayfair
Shelter Logic 10- by 20-foot Growit Greenhouse-n-a-Box
The translucent cover is treated to diffuse light that reduces shadows and scorching, while the vents and roll-up side panels let plenty of air circulate around your plants. The patented metal ratchet tie-downs ensure your greenhouse is rock-solid, stable and durable.
Where to buy: Sold by Amazon
High-end greenhouses
Monticello 8- by 12-foot Premium Greenhouse
The vented A-frame design is supported by a sturdy aluminum frame and sheds rain and snow from the steeply sloped roof. It has hinged, lockable front and back doors and dual workbenches. Double-walled polycarbonate windows provide excellent insulation against the cold.
Where to buy: Sold by Home Depot
Palram Canopia Chalet 10- by 12-foot Greenhouse
Unlike the soft plastic walls of most greenhouses, this 120-square foot structure has rigid, unbreakable polycarbonate panels attached to a rust-resistant double-walled aluminum frame. With its slide-in flooring, this well-made product is as much a solarium as it is a greenhouse.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/lawn-garden-br/greenhouses-br/which-greenhouse-is-best-for-my-yard/ | 2022-08-18T15:04:50Z |
CHICAGO, Aug. 16, 2022 /PRNewswire/ -- The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced two programs focused on supporting small business in Illinois and Wisconsin. The new Community First Accelerate Grants for Small Business and Community Small Business Advance recognize that local businesses drive growth and economic investment in rural, urban, and small town communities. In 2022, FHLBank Chicago expects to award $750,000 in Accelerate Grants and doubled its overall program limit to $2 million for the Community Small Business Advance.
"Local businesses are the lifeblood of our communities. Restaurants, shops, and small businesses provide jobs, culture, supplies, and deep roots in our neighborhoods and main streets throughout our district," said Katie Naftzger, Vice President, Community Investment Officer, FHLBank Chicago. "Many local businesses have survived enormous hurdles through the last several years. Now, they are facing unprecedented headwinds like rising labor costs, supply chain constraints, increasing interest rates and inflation. FHLBank Chicago is answering the call of these important economic engines within our communities."
The new Community First Accelerate Grants for Small Business are designed to assist the growth and development of small businesses, up to $25,000 per business, through FHLBank Chicago members. Grant funds can be used for a variety of purposes, including purchase or improvement of property, equipment, workforce development, and technology – and require impact reporting post-award. Interested small businesses must partner with an FHLBank Chicago member to submit an application for grant funding.
In addition to the grants, Community Small Business Advances are 0% initial fixed rate with a fixed term up to 10 years, available to FHLBank Chicago members to support their local economies. Advances are loans made to our members of varying maturities, with the purpose of providing a secure, low cost source of funds in all economic cycles. This year, FHLBank Chicago is doubling the overall program limit to a $2 million interest-rate subsidy with a $250,000 individual member limit. Eligible businesses include agricultural operations, commercial, service, retail operations, hospitality, recreation-based businesses, internet-related businesses, social service providers, small-scale industrial and manufacturing operations, trades, and professional services.
"Our members know their community's local businesses best and understand the unique needs of these diverse areas," said Carolyn Jaw, Executive Vice President, Group Head, Sales, Strategy, and Solutions, FHLBank Chicago. "The Community Small Business Advance offers vital capital support, not just to sustain their businesses but to grow, especially after the last two years."
Holle-Oaks Dairy LLC, a dairy and crop farm in Baldwin, Wis. was able to utilize the Community Small Business Advance from First Bank of Baldwin to purchase a new corn planter. The planter helped the Holle family upgrade to precision planting technology to more efficiently apply seed and fertilizer. This technology investment saves them crop input costs of up to 15% during average years and even more when input costs are higher like they have been in 2022.
"The availability of the Community Small Business Advance has been extremely well received in the Baldwin community," said, Michael Speltz, Chief Financial Officer, First Bank of Baldwin. "These funds have been extended to agricultural providers and farmers, who have been challenged by commodity pricing as well as the rapidly increasing rate of inflation. Customers have been extremely pleased with this product because it affords them some financial relief in these challenging economic times."
SRM Construction Material and Supply in Centreville, Ill., is both a minority business enterprise (MBE) and disadvantaged business enterprise (DBE) that employs rebar fabricators, warehouse workers, concrete ready-mix drivers and other union tradespeople. The Community Small Business Advance from Town and Country Bank was used to purchase two new concrete trucks which meant that SRM could expand their work load and hire additional employees in southern Illinois.
"Investment in small business means our communities continue to grow," said Rob Pickerell, Vice President, Commercial Banking Officer, Town and Country Bank in Edwardsville, Ill. "FHLBank Chicago's Community Small Business Advance means a business like SRM will be able to stay competitive and participate in regional, state, and federally funded infrastructure projects."
From 2018 through June 2022, FHLBank Chicago has issued more than $54 million in Community Small Business Advances to create and retain more than 1,800 small business jobs throughout Illinois and Wisconsin.
The mission of the Federal Home Loan Bank of Chicago is to partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for community investment activities. FHLBank Chicago is one of 11 Federal Home Loan Banks chartered by the U.S. Congress in 1932 to promote homeownership. Our members include banks, thrifts, credit unions, insurance companies, and community development financial institutions throughout our District. To learn more about FHLBank Chicago, please visit fhlbc.com.
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SOURCE Federal Home Loan Bank of Chicago | https://www.mysuncoast.com/prnewswire/2022/08/16/federal-home-loan-bank-chicago-supports-small-businesses-through-new-community-first-accelerate-grants-increased-investment-0-advances/ | 2022-08-16T13:32:45Z |
NEW YORK, July 14, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Resolute Forest Products Inc. (NYSE: RFP)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Resolute Forest Products Inc. (NYSE: RFP) in connection with the proposed acquisition of RFP by The Paper Excellence Group, through its wholly-owned subsidiary Domtar Corporation ("Domtar"). The transaction will be carried out by way of a merger of RFP with a newly created subsidiary of Domtar, providing for conversion of each share of RFP common stock into the right to receive $20.50 per share, together with a Contingent Value Right ("CVR") entitling the holder to a share of future softwood lumber duty deposit refunds. If you own RFP shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/rfp
Zendesk, Inc. (NYSE: ZEN)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Zendesk, Inc. (NYSE: ZEN), in connection with the proposed acquisition of ZEN by investment firms Permira and Hellman & Friedman LLC. Pursuant to the merger agreement, ZEN shareholders will receive $77.50 in cash for each share of ZEN common stock owned. If you own ZEN shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/zen
Radius Health, Inc. (NASDAQ: RDUS)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Radius Health, Inc. (NASDAQ: RDUS), in connection with the proposed acquisition of RDUS by Gurnet Point Capital and Patient Square Capital via tender offer. Pursuant to the merger agreement, RDUS shareholders will receive $ 10.00 per share plus a Contingent Value Right (CVR) of $1.00 per share payable upon TYMLOS® net sales reaching $300 million during any consecutive 12-month period prior to December 31, 2025. If you own RDUS shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/rdus
Epizyme, Inc. (NASDAQ: EPZM)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Epizyme, Inc. (NASDAQ: EPZM), in connection with the proposed acquisition of EPZM by Ipsen S.A. via tender offer. Pursuant to the merger agreement, EPZM shareholders will receive $1.45 in cash, plus one contingent value right (CVR) for each share of EPZM common stock owned. If you own EPZM shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/epzm
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SOURCE Weiss Law | https://www.wibw.com/prnewswire/2022/07/14/shareholder-alert-weiss-law-reminds-rfp-zen-rdus-epzm-shareholders-about-its-ongoing-investigations/ | 2022-07-14T19:07:25Z |
NEW YORK, June 28, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of First High-School Education Group Co., Ltd. (NYSE: FHS) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of all persons or entities who purchased FHS American Depositary Shares in or traceable to the Company's March 2021 initial public offering.
Lead Plaintiff Deadline: July 11, 2022
No obligation or cost to you.
Learn more about your recoverable losses in FHS:
https://www.kleinstocklaw.com/pslra-1/first-high-school-education-group-co-ltd-loss-submission-form?id=29210&from=4
First High-School Education Group Co., Ltd. NEWS - FHS NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that First High-School Education Group Co., Ltd. made materially false and/or misleading statements and/or failed to disclose that: (a) the new rules, regulations and policies to be implemented by the Chinese government following the Two Sessions parliamentary meetings were far more severe than represented to investors and posed a material adverse threat to the Company and its business; (b) contemplated Chinese regulations and rules regarding private education were leading to a slowdown of government approval to open new educational facilities which would have a negative effect on FHS's enrollment and growth; and (c) as a result, representations made in connection with the Company's initial public offering regarding FHS's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company at the time of the initial public offering, and were materially false and misleading and lacked a factual basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in FHS you have until July 11, 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 FHS 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 FHS lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/first-high-school-education-group-co-ltd-loss-submission-form?id=29210&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.wibw.com/prnewswire/2022/06/28/fhs-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-11-2022-class-action-filed-behalf-first-high-school-education-group-co-ltd-shareholders/ | 2022-06-28T11:17:31Z |
Go Topeka offers a sneak peak of new Innovation Center
TOPEKA, Kan. (WIBW) - The old Wolfe’s Camera Shop building, located at 634 S Kansas Ave. in downtown Topeka, is being converted into a space for innovators and entrepreneurs.
Go Topeka held an open house on Thursday, September 15, where they gave a tour of the three-story, 65,000 square foot space on the corner of 7th and Kansas Ave.
The Astra Innovation Center will consist of mixed-use, co-working, office, lab, and retail space. Go Topeka says it will be the future home of innovation and entrepreneurship for Go Topeka and the startup program known as Plug and Play.
”We are really excited for the future of innovation here in Topeka.,” said Stephanie Moran, the senior vice president of innovation of Go Topeka. “We’ve got a lot of great support systems and networks here, great partners in omni circle, our corporate sponsors for plug and play with hills, Cargill, Evergy, a lot of our local business partners and so we’re excited to move this forward.”
Go Topeka says they hope to have construction complete by late next year, but pre-leasing on the space has already begun.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/16/go-topeka-offers-sneak-peak-new-innovation-center/ | 2022-09-16T17:10:45Z |
Dangerous winds, wildfire conditions returning to New Mexico
LAS VEGAS, N.M. (AP) — After a few days of calm allowed some families who had fled wildfires raging in northeast New Mexico to return to their homes, dangerous winds picked up again Sunday, threatening to spread burning embers that could ignite new fires and complicate work for firefighters.
More than 1,500 firefighters were on the fire lines at the biggest blaze east and northeast of Santa Fe, which grew another 8 square miles (20 square kilometers) overnight to an area more than twice as large as the city of Philadelphia.
The area’s largest rural town — Las Vegas, New Mexico, population 13,000 — appeared safe for now thanks to fire lines dug by bulldozers and other priority preparations over the past week.
But authorities appealed to residents on the outskirts who’ve already been ordered to evacuate to delay no longer.
“If things start picking up today as they are expected to do,” fire spokesman Todd Abel warned Sunday, and “you are trying to leave the area and we are trying to go in, that obviously causes a lot of problems, congestion, confusion.”
A red-flag warning was in effect, kicking off what fire officials predicted would be another “historic, multi-day wind event that could result in extreme fire behavior.”
A few helicopters were able to gather new information from the air on the spread of the flames early Sunday “but they won’t be up there very long because of the winds out there,” Abel said.
“The wind is incredible. It is precedent setting, the amount of wind we are going to have and the duration we are going to have it,” he said a briefing Sunday in Las Vegas.
“They are predicting the wind to blow all day today, through the night, all day tomorrow so that is a long time for our fire,” he said.
Thousands of residents have evacuated due to flames that have charred large swaths of the Sangre de Cristo Mountains in northeastern New Mexico — a total of 275 square miles (712 square kilometers).
The swirling winds gusting up to 50 mph (80 kph) made it difficult to predict where the flames would go later Sunday and into Monday.
Ryan Berlin, fire information officer, said Sunday afternoon the city of Las Vegas itself is “very safe at this point.”
“We even started to repopulate a section of town already,” he said. “Our concern right now is on the southwest portion of the fire which the wind is helping us out, sort of, because it’s blowing the flames back into the fire.”
But Wendy Mason with the New Mexico Forestry Division warned that “by no means” is anyone “out of potential danger.”
“Just because the winds are coming from one direction doesn’t mean they can’t change direction so it’s better to be prepared and have residents ready to go,” she said.
“Any new fire that starts has a good potential of becoming extremely active and any ongoing fires we’ll also see extreme activity because of this historic combination of fire weather that we’re seeing right now,” she added.
Abel said the good news was that additional fire crews continue to arrive from around the West.
For many California firefighters backing up local units, the winds in New Mexico are puzzling. Unlike the sustained Santa Ana winds in southern California, the air around the Hermit’s Peak/Calf Canyon fires in New Mexico have swirled around and been redirected in complex and changing interactions with the mountains.
“We’ll see what happens,” said fire battalion chief Ryan Lewis, of Ontario, California, on a rare break with his firefighters at a local hotel that’s serving hot meals to fire workers and evacuees.
Nationwide, close to 2,000 square miles (5,180 square kilometers) have burned so far this year, with 2018 being the last time this much fire had been reported at this point, according to the National Interagency Fire Center. And predictions for the rest of the spring do not bode well for the West, where long-term drought and warmer temperatures brought on by climate change have combined to worsen the threat of wildfire.
Local officials on Saturday allowed residents of several areas on the northwestern outskirts of Las Vegas to return to their homes.
Shops and restaurants in the town had reopened Saturday and the historic center was no longer just populated by firefighters. Still, there was a widely felt sense of anxiety, loss, and wariness of what lay ahead.
“It’s literally like living under a dark cloud,” said Liz Birmingham, whose daughter had persistent headaches from the smoke. “It’s unnerving.”
___
Melley reported from Los Angeles.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/08/dangerous-winds-wildfire-conditions-returning-new-mexico/ | 2022-05-09T00:13:33Z |
Stay Hydrated with New Water Bottles, Tumblers and Growlers That Keep Drinks Cool, and Trendy Finishes to Match Your Fashion
CHICAGO, July 19, 2022 /PRNewswire/ -- Bubba Brands, part of the Outdoor and Recreation Business Unit of Newell Brands, recently introduced its new Radiant Line and unveiled new colors and finishes to its Core Line. From water bottles to tumblers and growlers, the bubba brands' variety of styles, colors and finishes seamlessly blend with one's wardrobe. The brand's collection brings both hydration and reusable beverage containers to the forefront of fashion and accessorizing.
"We are excited to introduce our latest products from bubba brands, the innovative drinkware companions," said Jim Pisani, Business Unit CEO of Newell Brands Outdoor and Recreation. "With an array of new colors and finishes available, there's a bubba® bottle for everyone."
"The new bubba brands innovations combined with the addition of the new 84-oz Growler in our Trailblazer Line, help further maximize every moment keeping you hydrated and stylish during every occasion," Reggie Moore, Vice President, Marketing for Newell Brands Beverage, adds.
bubba® water bottles, tumblers and growlers are durable, reliable, easy to clean and keep your favorite beverages chilled all day long. Available now, the new products, styles and finishes are featured in the following lines:
bubba brands' newest innovation, the Radiant Line, features three interchangeable, leakproof, mix-and-match lids that can be used across all Radiant bottles to make drinking more enjoyable. Made from double-walled stainless steel construction to prevent condensation, its vacuum insulation keeps beverages unbelievably cold in the heat for hours. It also features a comfortable, exaggerated, flexible carry handle to make toting the bottle a breeze.
- Push Button Straw Lid: Simply push the button to open the cap and reveal the straw – manually close to cover. Slide the button to the left to lock the cap in place to prevent spills and leaks.
- Push Button Chug Lid: Simply push the button to open the cap and reveal the opening – manually close to cover. Slide the button to the left to lock the cap in place to prevent spills and leaks.
- Simple Lid: Simply twist the lid off to open and drink from the wide mouth opening for a minimalistic drinking experience.
Available with a rubberized finish in six bold and vibrant colors (Electric Berry, Island Teal, Dark Cobalt, Dark Lavender, Bass and Licorice) and in 24, 32, 40 and 64-oz. sizes.
- 18-oz. Trailblazer Barware Tumbler: A vacuum insulated, stainless steel tumbler that keeps drinks cold all day long while preventing condensation. The tumbler includes a removable, splash-proof lid to keep drinks in place as you navigate from activity to activity.
- 84-oz Stainless-Steel Growler: The extra-large size keeps your favorite drinks cold for days and hot all day long. The leakproof lid easily seals shut so you don't have to worry about messes. Plus, the wide mouth opening makes it easy to add ice cubes or give the bottle a good cleaning. A sturdy handle lets you carry a full bottle while walking on the beach or checking out the festival grounds.
bubba brands' Envy S Tumbler features a new, Crackle finish that brings fun dimensional color with a little bit of texture. The refreshed core products also feature a revitalized take on the colors and finishes of bubba's® products, including the tried-and-true Trailblazer bottle.
- Envy S Stainless Steel 24-oz Tumbler: The Envy S Stainless Steel Tumbler features an easy-to-use, removable bumper on the bottom for a skid-proof grip and a fun pop of color. Vacuum insulated stainless steel keeps drinks cold for 18 hours and hot for 6 hours. The lid, straw, and bumper are top-rack dishwasher-safe and the body is hand wash only for easy cleaning.
- Trailblazer Stainless Steel Bottle with Push Button Lid: Keeps your favorite drink hot up to 12 hours or cold up to 42 hours without condensation, making for a comfortable, sweat-free hold. Its leak-proof, double-hinged lid stays secure while sipping or pouring to prevent messes.
To learn more about bubba brands and its offerings, follow along on Instagram @bubbabrands.
Founded in 1997 and now a part of Newell Brands' Chicago-based Outdoor and Recreation Business Unit, bubba brands is a leading producer of innovative, leak-proof beverageware. bubba® drinkware is durable, leak-proof, easy to clean, and keeps your favorite drinks chilled for hours. bubba® bottles come in bright, vibrant colors with fun paint finishes and graphics that are always as expressive as you are, helping to make your drinking experience more enjoyable.
Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, FoodSaver, Calphalon, Sistema, Sharpie, Paper Mate, Dymo, EXPO, Elmer's, Yankee Candle, Graco, NUK, Rubbermaid Commercial Products, Spontex, Coleman, Campingaz, Contigo, Oster, Sunbeam and Mr. Coffee. Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind.
This press release and additional information about Newell Brands are available on the company's website, www.newellbrands.com.
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SOURCE Newell Brands | https://www.kxii.com/prnewswire/2022/07/19/bubba-brand-helps-you-live-life-boldly-with-new-radiant-line-new-colors-finishes-its-core-line/ | 2022-07-19T13:40:03Z |
CONKLIN, N.Y. (AP) — A missing golden retriever named Lilah, discovered deep inside a culvert pipe in upstate New York, could not be lured out by her owner with peanut butter dog treats or cheese.
In the end, State Trooper Jimmy Rasaphone decided to crawl about 15 feet (5 meters) into the pipe under a rural road to rescue Lilah, despite the extremely tight fit.
“He crouched down and literally disappeared into the hole with a lead that had a choker on it,” said Lilah’s owner, Rudy Fuehrer, who called 911 for help on Sunday morning. “He was able somehow to manipulate his arms and get the choker around the dog’s head.”
The trooper and retriever both emerged soaking wet, but safe.
The 13-year-old dog had been missing since Friday afternoon. Fuehrer was walking his two other dogs — both Lilah’s offspring — a few hundred feet down the road from his house Sunday when he heard a plaintive yelp.
“I said, ‘Oh my God, that’s Lilah!’” he recalled Tuesday.
Fuehrer, who lives near Binghamton, tried the get the weary and confused dog out but eventually called 911.
Rasaphone and his partner showed up within minutes. Rasaphone said he’d go into the pipe since he was the smallest of the three of them. Fuehrer estimates the pipe’s diameter was under 2 feet (60 centimeters). He was able to pull Lilah out after Rasaphone emerged.
Fuehrer said he was grateful Rasaphone had the compassion and initiative to go nose-to-nose with his dog in a drainage pipe.
And he said Lilah is recovering nicely and out walking.
“Needless to say, I took her out on a leash,” he said, “because I didn’t want any more escapades.” | https://cw33.com/news/nexstar-media-wire/ny-state-trooper-crawls-into-drainage-pipe-to-rescue-missing-dog/ | 2022-06-29T12:45:09Z |
Stark County dog parks to visit with your furry friends this summer
These open areas are places your canine pets can go to play, to run free, to get the exercise that mere walking might not provide for them.
According to a search of websites, Stark County has a handful of dog parks—in or near Canton, North Canton, Canal Fulton and Massillon—serving a county population of more than 374,000 and an area of almost 580 square miles. Though that may not seem like many, dog owners appreciate the areas of unleashed freedom, and the number still ranks Stark County ninth per capita of 88 counties in Ohio and seventh per square mile of all counties in the state, according to the website, CountyOffice.org.
“Stark County dog parks are outdoor spaces, usually enclosed by a fence, that are used as a recreation area for pet dogs in Stark County,” the website said. “In contrast to other public parks, dog parks typically allow dogs to be off-leash. In addition to providing dogs open space for exercise activity, Stark County off-leash dog parks are intended to provide opportunities for dogs to socialize with each other.”
Websites note these dog parks:
Canal Fulton Dog Park
5500 Butterbridge Rd. NW, Canal Fulton
330-854-2225
The website BringFido.com notes that “pets love to play off-leash at this fenced dog park with separate small dog area, benches and water fountains.”
“There is little shade here,” notes one reviewer at the website. But, “there is fresh well water.”
The Facebook page for Canal Fulton Dog Park provides plenty of photographs and videos of patrons’ pets frolicking. They seem pleased.
Furnas Dog Park
900 17th St. NE, Massillon (Corner of Hankins Rd. and 17th St. NE)
330-832-1621
According to the website GoPetFriendly.com, Furnas Dog Park is a fenced-in park that “features a separate small dog area.”
Ruff Run Dog Park
2825 Easton St. NE, Plain Township
330-493-8215
Reviews note that the private park is “membership only so no un-neutered dogs,” but call it “very clean” and “a beautiful park.”
Cosmo Eduardo Dog Park
1511 Ellesmere Ave. NW, North Canton
Don’t expect amenities. One review notes that the park is little more than “an empty corner lot.” But, won’t there be times when that’s all your dog will need?
“Great dog park. I don’t get the bad reviews,” one online reviewer said, explaining “It’s not Cedar Point for dogs, but a nice, simple green space for them to run around.”
Veteran’s Park Dog Park
1714 Schneider St. NE, Plain Township
330-499-0000
The dog park, on the east side of Veteran’s Park, is beside a stand of trees providing shade, says the website BringFido.com, which gives the park a high “five bone” rating. It has a 1.5-acre section for small dogs and a 2.5-acre section for larger dogs. Both areas are fenced in and offer “water and agility equipment.”
“My huskies and I loved this park,” an online reviewer said as recently as earlier this year.
Dick Goddard Dog Park at Ariss Park
2520 Wise Rd., Green
330-896-6621
This park, according to the city’s recreation department website, features large and small dog areas, a 1.87-acre off-leash dog run and water fountains for both canine and human visitors.
Mutt mits and waste disposal stations were donated by Pet Supplies Plus, notes the website.
“The entrance to the Dog Park includes a commemorative walkway for our beloved family dogs! Pay tribute to our furry friends, either past or present, by purchasing an engraved paver,” the website suggests, noting that the pavers are $50 each if plain, or $60 with a dog, paw print or heart logo. | https://www.cantonrep.com/story/lifestyle/magazine/2022/05/11/stark-county-dog-parks-visit-your-furry-friends-summer/7061460001/ | 2022-05-11T12:56:52Z |
HAMPTON, Va., Aug. 17, 2022 /PRNewswire/ -- Old Point Financial Corporation declared a quarterly cash dividend of $0.13 per share on its common stock to be paid on September 30, 2022 to shareholders of record as of September 7, 2022. The dividend amount is the same as the prior quarter's dividend and based on the stock's closing price of $23.50 on August 16, 2022, the dividend yield is approximately 2.2%.
ABOUT OLD POINT FINANCIAL CORPORATION
Old Point Financial Corporation (Nasdaq: OPOF) is the parent company of Old Point National Bank and Old Point Wealth Management, which serve the Hampton Roads and Richmond regions of Virginia as well as operate a mortgage loan production office in Charlotte, North Carolina. Old Point National Bank is a locally owned and managed community bank which offers a wide range of financial services from checking, insurance, and mortgage products to comprehensive commercial lending and banking products and services. Old Point Wealth Management is the largest wealth management services provider headquartered in Hampton Roads, Virginia, offering local asset management by experienced professionals. Additional information about the company is available at oldpoint.com.
Contact: Laura Wright, VP/Marketing Director, 757.728.1743
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SOURCE Old Point Financial Corporation | https://www.wibw.com/prnewswire/2022/08/17/old-point-financial-corporation-declares-quarterly-dividend/ | 2022-08-17T18:15:54Z |
Las Vegas Sands Reports Second Quarter 2022 Results
Published: Jul. 20, 2022 at 3:05 PM CDT|Updated: 2 hours ago
For the quarter ended June 30, 2022 (Compared to the quarter ended June 30, 2021)
– Pandemic-Related Restrictions and Reduced Visitation Continue to Impact The Company's Financial Results
– Recovery in Singapore Accelerated During the Quarter, with Marina Bay Sands Delivering Adjusted Property EBITDA of $319 Million
– Ongoing Investments in Capacity Expansion and Enhancement of Property Portfolio Position the Company for Future Growth
– Safety and Security of Team Members and Guests and Support for Local Communities Remain Fundamental to Our Efforts
LAS VEGAS, July 20, 2022 /PRNewswire/ -- Las Vegas Sands Corp. (NYSE: LVS), the world's leading developer and operator of convention-based Integrated Resorts, today reported financial results for the quarter ended June 30, 2022.
"While pandemic-related restrictions continued to impact our financial results this quarter, we were pleased to see the recovery in Singapore accelerate during the quarter, with Marina Bay Sands delivering $319 million in adjusted property EBITDA. We remain enthusiastic about the opportunity to welcome more guests back to our properties as greater volumes of visitors are eventually able to travel to both Singapore and Macao," said Robert G. Goldstein, chairman and chief executive officer. "We also remain steadfast in our commitment to supporting our team members and to helping those in need in each of our local communities as they recover from the impact of the pandemic."
"We remain confident in the recovery of travel and tourism spending across our markets. Demand for our offerings from customers who have been able to visit remains robust, while pandemic-related travel restrictions continue to limit visitation and hinder our current financial performance."
"Our industry-leading investments in our team members, our communities, and our Integrated Resort property portfolio position us exceedingly well to deliver future growth as travel restrictions subside and the recovery comes to fruition. We are fortunate that our financial strength supports our investment and capital expenditure programs in both Macao and Singapore, as well as our pursuit of growth opportunities in new markets."
Net revenue was $1.05 billion, compared to $1.17 billion in the prior year quarter. Operating loss was $147 million, compared to $139 million in the prior year quarter. Net loss from continuing operations in the second quarter of 2022 was $414 million, compared to $280 million in the second quarter of 2021.
Consolidated adjusted property EBITDA was $209 million, compared to $244 million in the prior year quarter.
Sands China Ltd. Consolidated Financial Results
On a GAAP basis, total net revenues for SCL decreased to $368 million, compared to $849 million in the second quarter of 2021. Net loss for SCL was $422 million, compared to $166 million in the second quarter of 2021.
Other Factors Affecting Earnings
Interest expense, net of amounts capitalized, was $162 million for the second quarter of 2022, compared to $158 million in the prior year quarter. Our weighted average borrowing cost in the second quarter of 2022 was 4.3% compared to 4.4% during the second quarter of 2021, while our weighted average debt balance increased compared to the prior year quarter due to borrowings of $951 million under the SCL Credit Facility in the last year.
Our income tax expense for the second quarter of 2022 was $110 million, compared to income tax benefit of $6 million in the prior year quarter. The income tax expense for the second quarter of 2022 was primarily driven by a 17% statutory rate on the increased profits of our Singapore operations.
Balance Sheet Items
Unrestricted cash balances as of June 30, 2022 were $6.45 billion.
The company has access to $2.96 billion available for borrowing under our U.S., SCL and Singapore revolving credit facilities, net of outstanding letters of credit.
As of June 30, 2022, total debt outstanding, excluding finance leases and financed purchases, was $15.35 billion.
Capital Expenditures
Capital expenditures during the second quarter totaled $198 million, including construction, development and maintenance activities of $97 million at Marina Bay Sands, $67 million in Macao, and $34 million in Corporate and Other.
###
Conference Call Information
The company will host a conference call to discuss the company's results on Wednesday, July 20, 2022 at 1:30 p.m. Pacific Time. Interested parties may listen to the conference call through a webcast available on the company's website at www.sands.com.
Sands is the world's preeminent developer and operator of world-class Integrated Resorts.
Our iconic properties drive valuable leisure and business tourism and deliver significant economic benefits, sustained job creation, financial opportunities for local businesses and community investment to help make our host regions ideal places to live, work and visit.
Sands is dedicated to being a leader in corporate responsibility, anchored by our core tenets of serving people, planet and communities. Our ESG leadership has led to inclusion on the Dow Jones Sustainability Indices for World and North America and recognition as one of Fortune's World's Most Admired Companies. To learn more, visit www.sands.com.
Forward-Looking Statements
This press release contains forward-looking statements made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks, uncertainties or other factors beyond the company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to: the uncertainty of the extent, duration and effects of the COVID-19 pandemic and the response of governments and other third parties, including government-mandated property closures, vaccine mandates, regular testing requirements, other increased operational regulatory requirements or travel restrictions, on our business, results of operations, cash flows, liquidity and development prospects; risks relating to our gaming license and subconcession, including the extension of our subconcession in Macao that expires on December 31, 2022, the grant of any new concession in Macao and amendments to Macao's gaming laws; general economic conditions; disruptions or reductions in travel and our operations due to natural or man-made disasters, pandemics, epidemics, or outbreaks of infectious or contagious diseases; our ability to invest in future growth opportunities, execute our previously announced capital expenditure programs in both Macao and Singapore, and produce future returns; new development, construction and ventures; government regulation; our subsidiaries' ability to make distribution payments to us; substantial leverage and debt service; benchmark interest rate transitions for some of our debt instruments; fluctuations in currency exchange rates and interest rates; our ability to collect gaming receivables; win rates for our gaming operations; risk of fraud and cheating; competition; tax law changes; political instability, civil unrest, terrorist acts or war; legalization of gaming; insurance; the collectability of our outstanding loans receivable; legal proceedings, judgments or settlements that may be instituted in connection with the sale of our Las Vegas real property and operations; and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. Las Vegas Sands Corp. assumes no obligation to update such statements and information.
Within the company's second quarter 2022 press release, the company makes reference to certain non-GAAP financial measures that supplement the company's consolidated financial information prepared in accordance with GAAP including "adjusted net income (loss)," "adjusted earnings (loss) per diluted share," and "consolidated adjusted property EBITDA," which have directly comparable GAAP financial measures along with "adjusted property EBITDA margin," "hold-normalized adjusted property EBITDA," "hold-normalized adjusted property EBITDA margin," "hold-normalized adjusted net income (loss)," and "hold-normalized adjusted earnings (loss) per diluted share." The company believes these measures represent important internal measures of financial performance. Set forth in the financial schedules accompanying this release and presentations included on the company's website are reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures. The non-GAAP financial measure disclosure by the company has limitations and should not be considered a substitute for, or superior to, the financial measures prepared in accordance with GAAP. The definitions of our non-GAAP financial measures and the specific reasons why the company's management believes the presentation of the non-GAAP financial measures provides useful information to investors regarding the company's financial condition, results of operations and cash flows are presented below.
The following non-GAAP financial measures are used by management, as well as industry analysts, to evaluate the company's operations and operating performance. These non-GAAP financial measures are presented so investors have the same financial data management uses in evaluating financial performance with the belief it will assist the investment community in properly assessing the underlying financial performance of the company on a year-over-year and a quarter sequential basis.
Adjusted net income (loss), which is a non-GAAP financial measure, is net income (loss) attributable to Las Vegas Sands excluding certain nonrecurring corporate expenses, pre-opening expense, development expense, gain or loss on disposal or impairment of assets, loss on modification or early retirement of debt, other income or expense and income (loss) from discontinued operations, net of income tax. Adjusted net income (loss) and adjusted earnings (loss) per diluted share are presented as supplemental disclosures as management believes they are (1) each widely used measures of performance by industry analysts and investors and (2) a principal basis for valuation of Integrated Resort companies, as these non-GAAP measures are considered by many as alternative measures on which to base expectations for future results. These measures also form the basis of certain internal management performance expectations.
Consolidated adjusted property EBITDA, which is a non-GAAP financial measure, is net income (loss) from continuing operations before stock-based compensation expense, corporate expense, pre-opening expense, development expense, depreciation and amortization, amortization of leasehold interests in land, gain or loss on disposal or impairment of assets, interest, other income or expense, gain or loss on modification or early retirement of debt and income taxes. Management utilizes consolidated adjusted property EBITDA to compare the operating profitability of its operations with those of its competitors, as well as a basis for determining certain incentive compensation. Integrated Resort companies have historically reported adjusted property EBITDA as a supplemental performance measure to GAAP financial measures. In order to view the operations of their casinos on a more stand-alone basis, Integrated Resort companies, including Las Vegas Sands, have historically excluded certain expenses that do not relate to the management of specific properties, such as pre-opening expense, development expense and corporate expense, from their adjusted property EBITDA calculations. Consolidated adjusted property EBITDA should not be interpreted as an alternative to income (loss) from operations (as an indicator of operating performance) or to cash flows from operations (as a measure of liquidity), in each case, as determined in accordance with GAAP. The company has significant uses of cash flow, including capital expenditures, dividend payments, interest payments, debt principal payments and income tax payments, which are not reflected in consolidated adjusted property EBITDA. Not all companies calculate adjusted property EBITDA in the same manner. As a result, consolidated adjusted property EBITDA as presented by Las Vegas Sands may not be directly comparable to similarly titled measures presented by other companies.
Hold-normalized adjusted property EBITDA, a supplemental non-GAAP financial measure, that, in addition to the aforementioned reasons for the presentation of consolidated adjusted property EBITDA, is presented to adjust for the impact of certain variances in table games' win percentages, which can vary from period to period. Hold-normalized adjusted property EBITDA is based on applying a Rolling Chip win percentage of 3.30% to the Rolling Chip volume for the quarter if the actual win percentage is outside the expected range of 3.15% to 3.45% for our Macao and Singapore properties. We do not present adjustments for Non-Rolling Chip drop for our table games play or for slots at our Macao and Singapore properties. Hold-normalized adjusted property EBITDA is also adjusted for the estimated gaming taxes, commissions paid, bad debt expense, discounts and other incentives that would have been incurred when applying the win percentages noted above to the respective gaming volumes. The hold-normalized adjusted property EBITDA measure presents a consistent measure for evaluating the operating performance of our properties from period to period.
Hold-normalized adjusted net income (loss) and hold-normalized adjusted earnings (loss) per diluted share are additional supplemental non-GAAP financial measures that, in addition to the aforementioned reasons for the presentation of adjusted net income (loss) and adjusted earnings (loss) per diluted share, are presented to adjust for the impact of certain variances in table games' win percentages, which can vary from period to period.
The company may also present the above items on a constant currency basis. This information is a non-GAAP financial measure that is calculated by translating current quarter local currency amounts to U.S. dollars based on prior period exchange rates. These amounts are compared to the prior period to derive non-GAAP constant-currency growth/decline. Management considers non-GAAP constant-currency growth/decline to be a useful metric to investors and management as it allows a more direct comparison of current performance to historical performance.
The company also makes reference to adjusted property EBITDA margin and hold-normalized adjusted property EBITDA margin, which are calculated using the aforementioned non-GAAP financial measures.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/07/20/las-vegas-sands-reports-second-quarter-2022-results/ | 2022-07-20T21:40:12Z |
NEW YORK, June 20, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Spero Therapeutics, Inc. (NASDAQ: SPRO) between October 28, 2021 and May 2, 2022, both dates inclusive (the "Class Period"), of the important than July 25, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Spero Therapeutics 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 Spero Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=6561 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 July 25, 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) the data submitted in support of the New Drug Application ("NDA") of Tebipenem HBr, an oral carbapenem-class antibiotic to treat complicated urinary tract infections, including pyelonephritis for adults, were insufficient to obtain U.S. Food and Drug Administration ("FDA") approval; (2) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (3) the foregoing would necessitate a significant workforce reduction and restructuring of Spero Therapeutics's operations; and (4) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Spero Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=6561 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
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/06/20/spro-investor-notice-rosen-skilled-investor-counsel-encourages-spero-therapeutics-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-spro/ | 2022-06-21T00:08:55Z |
SAN FRANCISCO, Aug. 3, 2022 /PRNewswire/ -- This month, InfoTrack announced that it has completed an integration with iManage, the company dedicated to Making Knowledge Work™.
This integration incorporates key litigation products offered by InfoTrack into the iManage knowledge work platform, allowing users to do even more critical legal tasks without leaving their primary document and email management environment.
InfoTrack and iManage together is a powerful combination, allowing law firms to electronically sign, file, and serve documents in many of America's busiest courts directly from iManage. File-stamped documents are automatically returned to the secure workspaces within the iManage platform.
With more than 3,500 organizations worldwide – including 2,500 law firms – utilizing its knowledge work platform, iManage enables workflows that help solve complex business challenges and enable better business outcomes. The partnership between iManage and InfoTrack allows legal professionals across the country to reduce their data entry, save time on hunting down important documents, and improve overall productivity.
InfoTrack US Partnerships Manager, Catherine Stock, said: "We are excited to partner with iManage and expand our integration offering to law firms using the iManage platform. Integration is at the heart of what we do at InfoTrack. Partnering with iManage will allow us to provide the very best in automation for court filing and other critical processes."
"Legal professionals today are busier than ever and need ways to work smarter," said Dean Leung, Chief Customer Success Officer, iManage. "Our comprehensive knowledge work platform is enriched by the contributions of over 200 technology partners, who deliver key functionality that seamlessly integrates with our platform. The integration with InfoTrack gives our customers new ways to streamline key legal workflows and work more efficiently, so that they can service their clients at the highest levels and drive competitive advantage."
InfoTrack integrates with popular legal software to streamline the litigation workflow. By automatically syncing client data, case documents, and billing information, InfoTrack helps law firms manage eFiling, process serving, eSignatures, and more with greater speed and accuracy. With InfoTrack, law firms have the power to improve productivity and increase profitability.
iManage transforms how professionals in legal, accounting, and financial services get work done by combining artificial intelligence, security and risk mitigation with market leading document and email management. iManage automates routine cognitive tasks, provides powerful insights, and streamlines how professionals work, while maintaining the highest level of security and governance over critical client and corporate data. Over one million professionals at over 3,500 organizations in over 65 countries – including more than 2,500 law firms and 1,200 corporate legal departments and other enterprise customers – rely on iManage to deliver great client and corporate work – securely.
Learn more about the InfoTrack integration with iManage: www.infotrack.com/iManage.
For more information, please contact:
media.relations@infotrack.com
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SOURCE InfoTrack | https://www.wibw.com/prnewswire/2022/08/03/infotrack-announces-new-integration-with-imanage/ | 2022-08-03T17:26:42Z |
A WWII-era naval destroyer, an exhibit at the Buffalo and Erie County Naval & Military Park, is partially sinking into Lake Erie, according to the facility.
A statement from the park says, "a serious hull breach" occurred Wednesday in the USS The Sullivans.
Paul Marzello, the naval park's president and CEO, told CNN affiliate WKBW that the cause of the breach is under investigation, and crews both in the water and on the deck are attempting to identify where the holes might be.
According to Marzello, the ship will not sink entirely as the lake is only about five feet deep.
The breach is on the starboard side of the ship, according to Marzello.
Work is continuing on the $11.5 million transit center under construction in downtown Albany. The facility, expected to open in January 2023, will boast boards to alert riders to real-time departure and arrival times of buses, computer and public conference rooms and car charging stations. A… Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/wwii-era-ship-tilting-into-lake-erie-in-buffalo-new-york-naval-park/article_691bd5ed-397a-5b11-b7f4-6865eace0dfa.html | 2022-04-15T01:25:23Z |
INDIANAPOLIS (AP) — A former Mike Pence aide seeking to oust Indiana’s Republican secretary of state is embracing Donald Trump’s lie that the 2020 election was stolen while also fending off criticism about twice leaving jobs in that office after being written up for poor job performance.
Diego Morales’ work history has emerged as an issue in his campaign against Secretary of State Holli Sullivan. It’s largely happening outside public view as they seek support among roughly 1,800 delegates who will pick the nominee for Indiana’s chief elections officer at the June 18 state Republican convention.
Sullivan’s campaign sent text messages to delegates in recent weeks with links to documents critical of Morales’ job performance in 2009 and 2011. The messages close: “Our elections are too important to hand over to someone who is not ready for the job and has a troubled employment history in the exact office he is seeking to hold.”
The secretary of state oversees statewide policies for elections, which are run by county officials.
Morales, 43, dismisses the disciplinary actions as “office politics” and has worked to connect with delegates through frequent appearances at local Republican events.
Sullivan, 49, previously worked in auto plant management and was a state representative from Evansville for seven years before being appointed secretary of state by Republican Gov. Eric Holcomb in March 2021 when her predecessor retired.
Sullivan touts her work toward improving cybersecurity for county election offices and adding small printers to thousands of electronic touch-screen voting machines across the state to create a paper trail of each ballot cast.
Morales, meanwhile, has called the 2020 election a “scam” while pointing to unfounded claims Trump and his allies have made about other states. The former president hasn’t endorsed anyone in the race, but Morales is trying to attract Trump supporters.
He’s pushing voter restrictions that include cutting the state’s 28-day early voting period in half, requiring new voters to prove their U.S. citizenship when registering, and creating an “election task force” that would investigate “shenanigans.”
As for the disciplinary actions he faced as a junior staff member in the secretary of state’s office, he says he’s facing a “smear campaign.”
“That was disagreement in leadership, disagreements in opinions, probably office politics, office rivalry,” Morales, who immigrated to the U.S. from Guatemala as a teenager with his parents and sisters, said in an interview. “Obviously, the government bureaucracy at its best.”
The disciplinary actions were first reported by The Associated Press during Morales’ unsuccessful 2018 run for Congress.
Records obtained under Indiana’s public records act showed he was fired in 2009 after eight months in Republican Todd Rokita’s office due to “incomplete” work, “inefficient execution” and a “lack of focus. He refused to agree to a work improvement plan and submitted his resignation when he was fired, according to a termination letter.
Two years later, Morales left a different position in the office after refusing to sign a work improvement plan under then-Secretary of State Charlie White, a Republican who was himself removed from office in 2012 following a voter fraud conviction. Morales worked just over a month when he was disciplined for “poor execution” and failing to complete his work, records show.
Morales returned to state government as an aide on the governor’s staff when Pence took office in 2013 and remained until Pence left to become Trump’s vice president in 2017. Some top Pence governor’s office staffers have defended Morales’ work and support his candidacy.
Rokita, now state attorney general, wrote a message distributed by the Morales campaign saying, “As far as I’m concerned, Diego left my office on good terms, and I consider him a longtime friend.”
Sullivan, a former vice chair of the state Republican Party, said “qualifications and background” are important for the office and that the public documents do not show someone leaving on good terms.
“I think delegates deserve transparency and because it was a public office and he was a state employee, they have those public documents to review,” Sullivan said.
Other candidates seeking the Republican nomination are Knox County Clerk David Shelton and Paul Hager, a former Libertarian Party candidate from Bloomington. Sullivan and Morales each raised about $500,000 for their campaigns through the end of March, far ahead of the others.
Destiny Scott Wells, an attorney and Army Reserve intelligence officer, is the only Democrat seeking the nomination at the party’s June 18 convention. Libertarian candidate Jeff Maurer will also be on the November ballot.
Complicating Sullivan’s candidacy are her links to Holcomb, who despite his landslide reelection win in 2020 has faced conservative criticism over actions ranging from COVID-19 restrictions he imposed to his veto of a bill banning transgender females from girls school sports. Many conservative activists won convention delegate seats in the May primary, even though hard-right challengers to current Republican legislators largely failed.
The attention on Morales’ job history could sway delegates who aren’t already strong supporters of any candidate, said Steve Shine, who’s been the Republican chairman in Allen County, which includes Fort Wayne, for 29 years.
“That also has the possibility of backfiring and working against those who thought it would help because there are some people who are totally turned off by negativism in any race,” said Shine, who hasn’t endorsed any candidate. | https://cw33.com/news/politics/ap-politics/ex-pence-aide-seeks-indiana-elections-office-that-fired-him/ | 2022-06-02T22:47:43Z |
A bipartisan group of senators reached a deal to make it harder to overturn a certified presidential election, marking the most significant response by Congress to former President Donald Trump's relentless pressure campaign to overturn the results of the 2020 presidential election.
The proposal still needs to be approved by both chambers and will need 60 votes in the Senate to break any filibuster attempt, meaning at least 10 Republicans would be needed to support any legislation. Announcement of the plan kicks off what is expected to be a challenging, months-long process to get the deal passed into law before the end of the year.
The deal is the culmination of months of negotiation led by Republican Sen. Susan Collins of Maine and Democratic Sen. Joe Manchin of West Virginia, along with an additional six Democrats and eight Republicans. The proposal unveiled Wednesday is split up into two bills.
One of the bills is focused on modernizing and overhauling the Electoral Count Act, an 1887 law that Trump had sought to exploit and create confusion over how Congress counts Electoral College votes from each state. As part of that proposal, senators are attempting to clarify that the vice president only has a ceremonial role in overseeing the certification of the electoral results. The proposal also includes key provisions intended to promote an orderly transition of presidential power by outlining guidelines for when eligible candidates can receive federal resources for a transition into office. The bill is co-sponsored by the nine Republicans and seven Democrats who announced the deal.
According to a fact sheet on the legislation, the proposal dealing with the vice president's role would make clear that the responsibility is "solely ministerial and that he or she does not have any power to solely determine, accept, reject, or otherwise adjudicate disputes over electors."
Provisions of the bill dealing with an orderly transition of power would make it so that it would be possible to limit resources for a transition of power to only the apparent winner of an election if the outcome of an election is clear.
The second bill is aimed at improving election security and would enhance federal penalties for anyone who threatens or intimidates election officials as well as increase penalties for the tampering with election records. The bill is co-sponsored by five Republicans and seven Democrats.
While constitutional experts say the vice president currently can't disregard a state-certified electoral result, Trump pushed then-Vice President Mike Pence to obstruct the Electoral College certification in Congress as part of his pressure campaign. But Pence refused to do so and, as a result, became a target of the former President and his mob of supporters who stormed the Capitol on January 6, 2021.
Democratic Sen. Mark Warner of Virginia said the bill would make it harder to overturn an election when a joint session of Congress convenes to certify a presidential election.
"Anything we can do and show to the American public that we realize how serious that day was, and that we're going to do all we can to prevent a repeat of January 6th, is a step in the right direction," he said.
"Any future vice president cannot, should not, will not be able to overturn legitimate votes of Americans and their electors that states vote," Warner said.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/bipartisan-group-of-senators-cuts-deal-to-change-election-laws-in-response-to-january-6/article_3d8e42ae-9334-5222-8322-bdeef1c7988e.html | 2022-07-20T19:42:46Z |
SINGAPORE, Aug. 3, 2022 /PRNewswire/ -- XT.com, the world's first social infused digital assets trading platform, is thrilled to announce its upcoming listing of INRT (INRT) token with USDT trading pair. The token will be listed with high liquidity on the platform where everyone is encouraged to trade.
For both XT users and INRT community members, the listing is scheduled to go live in the exchange's Main Zone (DeFi) on August 3, 2022, at 10:00 (UTC).
The listing is dedicated to allowing users to trade the token at all times, hassle-free. The listing also encourages newcomers to seamlessly trade INRT/USDT for the first time. Moreover, there is no limitation as to how many users can trade the token when it goes live. All the traders are welcome to make the most of their trading experience by trading INRT/USDT.
The INRT token functions primarily as a utility currency within the INRT ecosystem of digital assets, created to unite the world through blockchain. The main function of the INRT token is to serve as the true currency to empower the clubbing industry by harnessing blockchain technology. In addition to its endless functionalities, the token can be staked, traded, and mined.
With this new listing, traders can go ahead and deposit their crypto assets on August 2, 2022, at 10:00 (UTC) in preparation for trading. Meanwhile, on August 4, 2022, at 10:00 (UTC), the withdrawal section will be available for participants who participate in trading the token.
Jonathan Shih, the Head of MEA (Middle East & Africa) at XT.com, said, "Our cooperation with INRT gives us great pleasure to have its INRT token listed on our platform. This ignites us to further help in reshaping the clubbing industry by listing tokens that have a mission to supercharge and power the innovations of the clubbing industry, and aid traders in terms of better and hassle-free trading of the INRT token."
About INRT (INRT)
INRT (INRT) is an open-source cryptocurrency company that focuses on reshaping the clubbing industry through blockchain technology. To fulfill its mission, the company has created a world-class utility with heightened security to power the clubbing industry and connect people together in a holistic manner.
Moreover, the company is constantly building its platform with innovative blockchain-oriented features, including fast transaction processing using the Binance Smart Chain (BSC), easy booking, a secure wallet, and many other features that the company is proactively working on for its users.
Website: https://inrt.info/
About XT.com
By consistently expanding its ecosystem, XT.com is dedicated to providing users with the most secure, trusted, and hassle-free digital asset trading services. Our exchange is built from a desire to give everyone access to digital assets regardless where you are.
Founded in 2018, XT.com now serves more than 4.5 million registered users, over 500,000+ monthly active users, and 30+ million users in the ecosystem. Covering a rich variety of trading categories together with a NFT aggregated marketplace, our platform strives to cater to its large user base by providing a secure, trusted and intuitive trading experience.
As the world's first social infused digital assets trading platform, XT.com also supports social networking platform based transactions to make our crypto services more accessible to users all over the world. Furthermore, to ensure optimal data integrity and security, we see user security as our top priority at XT.com.
Website: https://www.xt.com/
Telegram: https://t.me/XTsupport_EN
Twitter: https://twitter.com/XTexchange
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SOURCE XT.com | https://www.kxii.com/prnewswire/2022/08/03/xtcom-lists-inrt-inrt-with-usdt-trading-pair/ | 2022-08-03T10:42:10Z |
GSMA and FC Barcelona to Co-locate Sports Tomorrow Congress at MWC Barcelona 2023
LONDON, June 13, 2022 /PRNewswire/ -- GSMA and FC Barcelona have signed a collaboration agreement to co-locate Sports Tomorrow Congress at MWC Barcelona 2023. FC Barcelona's President, Mr Joan Laporta and GSMA Ltd.'s CEO, Mr John Hoffman met today at Camp Nou Stadium, the home of FC Barcelona, to shake hands on the deal.
"We are beyond excited to collaborate with FC Barcelona. Co-locating Sports Tomorrow Congress at MWC Barcelona 2023 brings together two world-leading events and creates space to identify and create new business opportunities across the mobile and sports ecosystems," said Mr Hoffman.
The GSMA's collaboration with FC Barcelona unites MWC Barcelona, the largest and most influential mobile technology convening event with Barcelona's sporting excellence and heritage including football, tennis, sailing and motorcycling. It is a new platform opportunity for businesses and stakeholders in the sports and technology ecosystem to convene, make deals and launch products.
Mr Hoffman continued, "The move shows the strategic importance and power of mobile connectivity and follows the launch of Industry City at MWC22, featuring the fintech, manufacturing, and automotive sectors."
As data-powered, innovative sports technology continues to deliver insights with a profound impact on athletes' performance and fan engagement, the relationship between sports and technology has expanded the sports industry market.
"We are very proud and happy about this agreement with MWC Barcelona, the leading platform in the mobile technology sector; it will convert the Sports Tomorrow Congress, already a leader in the field of sports innovation events, into a global point of reference in the field of linking technology and sport, while also helping project the city of Barcelona as a worldwide capital in this sector," said FC Barcelona's President, Mr Joan Laporta.
At Sports Tomorrow Congress, experts and attendees from the sports world have the opportunity to explore in-depth key topics and themes in the sports industry. It is a showcase of the decades of knowledge that FC Barcelona has accumulated on topics such as health, nutrition, high athletic performance, the digital sphere and all topics related to sports and its impact on society.
FC Barcelona set up Sports Tomorrow Congress and the Barça Innovation Hub to help change the world through athletic excellence using knowledge and innovation. The sports ecosystem promotes a culture of excellence and collaboration with prestige brands, universities, research centres, startups, entrepreneurs, students, athletes, investors and visionaries from all over the world.
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SOURCE GSMA | https://www.kxii.com/prnewswire/2022/06/13/gsma-fc-barcelona-form-perfect-match-mwc23/ | 2022-06-13T18:31:45Z |
JACKSONVILLE, Fla., Sept. 1, 2022 /PRNewswire/ -- Too many veterans are still dying by suicide. To address this issue, Wounded Warrior Project® (WWP) is working to reduce the fears and barriers warriors face when asking for help.
"The warriors we serve tell us they just want to feel like themselves again after military service, but many are reluctant to ask for help," said Erin Fletcher, Psy.D., director of WWP's Warrior Care Network®. "As we enter Suicide Prevention Awareness Month, Wounded Warrior Project is continuing to combat the stigma."
According to WWP's Annual Warrior Survey, nearly 1 in 4 post-9/11 wounded veterans registered with the nonprofit had suicidal thoughts in the past 12 months. Of the warriors who reported these suicidal thoughts, most (70%) had them in the last two weeks. Adding to the concern, about 1 in 5 WWP warriors reported difficulty or delays in receiving or continuing professional mental health care. Of those warriors, 2 in 3 feel embarrassed or ashamed about getting such care.
Read how Wounded Warrior Project helps combat the stigma of suicide.
Many factors can lead someone to consider suicide. That's why WWP offers a wide selection of services so warriors can customize their path to feeling in control again: from financial coaching and physical wellness to social groups and mental health programs.
All WWP programs are free for warriors and their loved ones. This is critical since more than half of warriors who reported thoughts of suicide in the past two weeks also indicated being financially strained in the past year.
WWP saw a growing need for mental health solutions, and six years ago launched Warrior Care Network with four partner academic medical centers. Warrior Care Network provides clinical treatment for post-traumatic stress disorder (PTSD), which enables warriors to receive a year's worth of care in 2-to 3-week intensive outpatient programs.
WWP provides non-clinical mental health support, too. For example, WWP Talk offers weekly telephone support to help veterans and family members set and achieve goals that lead to personal growth and improved well-being. Project Odyssey is an adventure-based program that teaches warriors coping skills to overcome symptoms of invisible wounds.
"Sometimes it's just random conversations that can alter your life," said Adam Harris, a U.S. Marine Corps veteran who attended Project Odyssey after attempting suicide. "Other veterans may face different struggles, but we can figure it out together."
Being together truly helps. The likelihood of experiencing PTSD symptoms is 57% lower among warriors who maintain social support from military friends, according to WWP's Annual Warrior Survey. That's why WWP held more than 8,600 events in 2021 for warriors and family members to connect. To further expand that circle of support for warriors, WWP provides suicide awareness and intervention training to groups nationwide.
If you are in crisis or concerned about a loved one, call the Veterans Crisis Line at 988 and press "1." You can also text 838255 or use their online live chat to connect with a crisis counselor 24/7, 365 days a year. Learn more ways to help at woundedwarriorproject.org/CombatStigmaNow
About Wounded Warrior Project
Since 2003, Wounded Warrior Project® (WWP) has been meeting the growing needs of warriors, their families, and caregivers — helping them achieve their highest ambition. Learn more.
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SOURCE Wounded Warrior Project | https://www.kxii.com/prnewswire/2022/09/01/wounded-warrior-project-says-stigma-avoidance-impacting-veteran-suicide-risk/ | 2022-09-01T15:45:38Z |
‘Sonic the Hedgehog 2’ races to best opening ever for a video game movie
By Frank Pallotta, CNN Business
Nothing can slow down Sonic The Hedgehog.
“Sonic The Hedgehog 2,” the Paramount sequel about the iconic Sega video game character, notched an estimated $71 million domestically for its opening this weekend, according to the studio. That number not only exceeded expectations that had the film making closer to $50 million, but also marks the biggest opening ever for a video game based film.
The sequel, which stars Jim Carrey as Doctor Robotnik, also outperformed the original, which opened in February 2020 to $58 million.
The big weekend is a victory for Paramount and theater operators.
The studio has had a solid start to 2022 thanks to two sequels that beat expectations at the box office. “Scream,” the fifth installment in the horror franchise, opened to $30 million in January before going on to make $140 million worldwide. Now, “Sonic The Hedgehog 2” looks poised to be one of the bigger hits of the year.
As for theaters, that is great news at a crucial time.
There hasn’t been a big hit at the box office since last month’s “The Batman” and “Sonic The Hedgehog 2” can act as a bridge to the lucrative summer movie season, which kicks off early next month with Marvel’s “Doctor Strange in the Multiverse of Madness.”
The record opening for “Sonic The Hedgehog 2” is also a good sign that consumers are willing to buy tickets to family films — an important genre that’s been somewhat missing from theaters since the start of the pandemic.
“I think there was this idea that families were not ready to go back to the movie theater, but the performance of ‘Sonic 2’ this weekend proves that family audiences are back,” Paul Dergarabedian, senior media analyst for Comscore, told CNN Business. “Family audiences are one of the most important segments of the box office, so this is good news for other family films and the industry at large as we head towards the summer.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/10/sonic-the-hedgehog-2-races-to-best-opening-ever-for-a-video-game-movie/ | 2022-04-10T16:58:57Z |
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