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NEW YORK, July 20, 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
Syros Pharmaceuticals, Inc. (NASDAQ: SYRS)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Syros Pharmaceuticals, Inc. (NASDAQ: SYRS) in connection with the proposed merger of SYRS with TYME Technologies, Inc. ("TYME"). Syros expects to issue approximately 74.3 million shares of its common stock to TYME stockholders to acquire TYME's expected net cash at closing, and TYME stockholders are expected to receive approximately 0.4312 shares of Syros common stock for each share of TYME common stock. If you own SYRS shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/syrs
Convey Health Solutions Holdings, Inc. (NYSE: CNVY)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Convey Health Solutions Holdings, Inc. (NYSE: CNVY), in connection with the proposed acquisition of CNVY by TPG Capital. Pursuant to the merger agreement, CNVY shareholders will receive $10.50 in cash for each share of CNVY common stock. If you own CNVY shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/cnvy
RADA Electronic Industries Ltd. (NASDAQ: RADA)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of RADA Electronic Industries Ltd. (NASDAQ: RADA), in connection with the proposed merger of RADA with Leonardo DRS Inc. ("Leonardo DRS"). Upon completion of the transaction, Leonardo DRS will acquire 100% of the share capital in RADA in exchange for approximately 19.5% equity ownership to RADA shareholders in the combined company. If you own RADA shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/rada
Silicon Motion Technology Corporation (NASDAQ: SIMO)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Silicon Motion Technology Corporation (NASDAQ: SIMO), in connection with the proposed acquisition of SIMO by MaxLinear, Inc. ("MaxLinear "). Pursuant to the merger agreement, the transaction consideration will consist of $93.54 in cash and 0.388 shares of MaxLinear stock for each Silicon Motion ADS (American Depositary Share), and $23.385 in cash and 0.097 shares of MaxLinear common stock for each SIMO ordinary share not represented by an ADS. If you own SIMO shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/simo
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SOURCE Weiss Law | https://www.mysuncoast.com/prnewswire/2022/07/20/shareholder-alert-weiss-law-reminds-syrs-cnvy-rada-simo-shareholders-about-its-ongoing-investigations/ | 2022-07-20T19:53:45Z |
Vital Proteins adds a wellness twist to a classic summer sip
CHICAGO, June 27, 2022 /PRNewswire/ -- Today Vital Proteins® announced the launch of Vital Proteins® Lemon Collagen Peptides, containing the same grass-fed, pasture-raised collagen consumers know and love with an added boost of lemon flavor — just in time for summer.
The twist on the classic Collagen Peptides is the perfect way to flavor up your summer at 20 grams of collagen peptides and 0 grams of sugar per serving^^. Available for $26.99, Lemon Collagen Peptides offers a light, refreshing flavor that can give your favorite beverage a serious upgrade, with the same benefits as unflavored Collagen Peptides.
"At Vital Proteins, we're always thinking about how we can make the benefits of collagen peptides – healthy skin, hair, nails, bones and joints**^ – even more approachable to more people," said Tracey Warner Halama, CEO at Vital Proteins. "Lemon Collagen Peptides offers our consumers one more way to easily incorporate collagen peptides into their daily wellness routine in a familiar lemon flavor, be it first thing in the morning or a midday hydration break."
Joining fan favorites like Chocolate and Vanilla Collagen Peptides, the newest collagen peptides flavor in the Vital Proteins family is an easy way to add zest to your daily routine and can be enjoyed with hot and cold beverages like water, lemonade, iced or hot tea. Simply stir or froth a serving into hot or cold water and enjoy your new main squeeze.
So why lemon flavor and why now?
When we think of summertime and warm days outside, we often think of classic flavors like lemon. It's refreshing and a favorite flavor for many that evokes nostalgia, taking them back to their past and simpler times.
"Vital Proteins is constantly looking at consumer insights and trends to guide new innovations like the development of Lemon Collagen Peptides," added Warner Halama. "Our ability to move with agility enabled us to strategically launch Lemon Collagen Peptides just in time for summer."
Vital Proteins' Lemon Collagen Peptides is available now on vitalproteins.com and Amazon, and at your favorite natural, mass and speciality retailers starting in July.
Vital Proteins® is America's #1 collagen brand.* Founded in 2013, the brand is built on the belief that collagen supplementation in addition to a healthy diet and exercise regime is fundamental to support healthy skin, hair, nails, bones and joints.**^ Vital Proteins® has expanded into 17 international markets. In 2019, the brand launched Vital Performance™— a full spectrum lineup of high performance, collagen-based products. In late 2021, Nestlé Health Science completed the final acquisition of Vital Proteins®. The variety of collagen products within the brand's portfolio span the supplement, vitamin, food and beverage categories, offering an assortment of options for consumers. Vital Proteins® products contain premium sources of collagen peptides and nutrients made with the highest quality sourced ingredients. Get the most out of every day with a new way to better living through collagen-based nutrition made to provide a more fulfilling wellness routine, because wellness is vital. For more information, please visit www.vitalproteins.com.
*SOURCE: SPINS, TOTAL US MULO + NATURAL ENHANCED, L52 weeks ending 3/20/2022.
^^Not a low calorie food. See nutrition information for calorie content.
^Results may vary. Various studies have suggested benefits following daily consumption of collagen peptides for several months. Refer to product labels and vitalproteins.com for recommended serving sizes and for more information.
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SOURCE Vital Proteins | https://www.mysuncoast.com/prnewswire/2022/06/27/vital-proteins-launches-new-lemon-collagen-peptides-flavor-up-your-summer/ | 2022-06-27T14:47:46Z |
The new partnership allows for the call data Ruby's receptionists gather to flow into the MyCase platform, saving attorneys time while capturing more clients.
PORTLAND, Ore., May 31, 2022 /PRNewswire/ -- Ruby.com, the premier provider of live virtual receptionist and chat services for 5,000+ solo and small practice attorneys across the U.S., is now integrated with MyCase, a leading provider of cloud-based legal practice management software and payment services to law firms. This new partnership provides attorneys with the tools to spend less time on administrative tasks and more on practicing law and improving their bottom line.
Ruby's integration with MyCase benefits the critical services of responsiveness and administrative management for attorneys by syncing information from Ruby's call handling into the MyCase system, passing on key call details. As MyCase stores attorneys' most important case details in an easy-to-access, centralized location, now when Ruby's receptionists answer firms' calls, the information is visible within MyCase so that attorneys have real-time updates on the status of their work and clients to streamline their administrative duties and log more billable hours.
With roughly 40% of its customers in the legal field, legal services is Ruby's largest customer segment, and the company answered more than 4 million calls for law firms in 2021.
"Ruby has always understood the unique needs of solo and small-firm attorneys and that communicating with clients is a critical part of an attorney's job, but also one that takes up a great deal of time and energy," says Michelle Winnett, SVP of Partner & Strategic Marketing at Ruby. "Our virtual receptionists manage the majority of time-intensive client communications for attorneys, and this new partnership with MyCase streamlines data sharing to ensure efficiency and consistency across a firm's entire caseload, all while making for a better experience for their clients."
"MyCase's intuitive and easy-to-adopt law practice management software enables law firm growth by providing comprehensive client lifecycle management tools. Given Ruby's proven experience and long history managing call handling and client communications in the legal services field, it only makes sense that Ruby is now one of MyCase's preferred integration partners," says Jim McGinnis, MyCase CEO. "As we combine our areas of expertise, together we are providing attorneys with a higher-touch client experience that naturally leads to a more productive way of working for the attorneys themselves."
Ruby's integration with MyCase is available now and can be accessed via the App Directory. MyCase users receive $75 off their first full month of Ruby service when they sign up at https://www.ruby.com/campaign/mycase/.
Ruby® is a U.S.-based live virtual receptionist and chat specialist company that creates meaningful connections and maximizes opportunities for businesses, empowering them to freely pursue their purpose and, in turn, cultivate diverse and thriving local economies. Trusted by more than 14,000 businesses, Ruby helps meet today's customer demand for quick answers and personalized service, 24/7, 365 days a year. Founded in 2003, Ruby has earned national and global recognition with honors such as a 2022 Gold Stevie for Customer Service Employer of the Year, designation from Fortune magazine as a Best Small Company to Work For in the U.S., inclusion in the Inc. Best Workplaces, and repeat Great Places to Work rankings. To learn more, visit ruby.com or experience Ruby for yourself by calling 844-311-7829. Follow along with @callruby on Facebook, Twitter, LinkedIn, Instagram, and YouTube.
Media Contact:
Nicole Morales, Director of Brand & Content
866-611-7829 | nicole.morales@ruby.com
MyCase is complete legal practice management software designed for the modern law firm. MyCase covers the entire client lifecycle with Lead Management, Case Management, Billing and Invoicing, and robust Reporting. It includes market leading features such as integrated MyCase Payments, 2-way text messaging, and the MyCase Client Portal to centralize client communication and share files securely. The MyCase family of brands includes MyCase, Soluno, CASEpeer, Docketwise, and Woodpecker. Learn more at www.MyCase.com.
Media Contact:
Nicole Black, Legal Technology Evangelist
niki.black@mycase.com
(585) 210-0815
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SOURCE Ruby | https://www.wibw.com/prnewswire/2022/05/31/ruby-announces-new-integration-with-legal-software-mycase/ | 2022-05-31T15:30:16Z |
Relevnt, the People's app, honored at Cannabis Activism Now's 3rd Annual Cannabis Awards
PONTE VEDRA, Fla., June 27, 2022 /PRNewswire/ -- Relevnt, the group messaging app with live, interactive podcasting, today announced it has been honored at Cannabis Activism Now's 3rd Annual Cannabis Awards. Relevnt Original, Weed Speek, received the Best Radio Show/Podcast Award. Weed Speek is an entertaining and informative podcast that features multiple hosts bringing cannabis experts, healthcare professionals, activists, enthusiasts, musicians, artists, authors, journalists and more to Relevnt users in an interview-style format for education and entertainment about cannabis. Relevnt, known as "the People's app," is the place where all people can go and freely express themselves with less fear of being canceled.
"We are proud that the cannabis community has recognized Relevnt for its quality original content," said Winder Hughes, Relevnt CEO and Founder. "Weed Speek is an incredible podcast and serves as a shining example of what creators can do on our platform. It's exciting to see that uncensored podcasts and chats are now taking their rightful place within the expansive creator economy."
A. Edge Productions manages Weed Speek for Relevnt. Hosts include:
- Danielle Simone Brand, Author of WeedMom
- Miss Teddi, Teddi Talks Cannabis
- Farmer Tom Lauerman, This Farmers Life
- Sandy Bernier, PCMS SoulCast
- Wendy Love Edge, The Edge Show
- Trisha Mullin, 420 Smoke Room
- Christi Chapman, Chapman Health Vibe
- Cindy Moffitt and Natasha Richardson of Natural State CannaMoms
- The Sarge, Mike Ung, Mountain High X Entertainment
- Shawmeeka Noland, Cann I Work
- Angela Edge, Owner of Aedge Productions, LLC
Whether it's regular podcasts and chats from Mike Tyson on Tyson's Topics, TV shows, sports, cannabis, or anything in between, Relevnt enables users to instantly connect and interact with the people and things they are passionate about without unnecessary limitations. This is accomplished through live, pop-up chatrooms and podcasts, which can be uniquely personalized by timeframes, interests and geolocation.
With a rapidly growing pipeline of innovative features, functionality and content, Relevnt is where inclusive community and entertainment meet empowerment. Users can be moderators and participants can become creators, instantly. With Relevnt, no extra equipment is needed to cast, no invites are required to participate, and the app makes it easy to explore and create. Relevnt is free and available on the App Store and Google Play.
For more information, visit Relevnt.com. And to view the company's latest statement on censorship, view its provocative video HERE.
About Relevnt Relevnt, the People's app, is the group messaging app with live, interactive podcasting that instantly connects you to the content and people you love. Relevnt Inc. was founded in 2017 and is headquartered in Florida.
Contact:
Peter Evers
Natron Communications for Relevnt
(415) 888-3680
peter@natroncomm.com
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SOURCE Relevnt, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/27/relevnt-wins-2022-award-relevnt-original-weed-speek/ | 2022-06-27T14:45:39Z |
THE WOODLANDS, Texas, Sept. 16, 2022 /PRNewswire/ -- During Huntsman's (NYSE: HUN) second quarter earnings conference call, the Company provided third quarter adjusted EBITDA guidance of between approximately $310 million and $355 million, excluding Textile Effects. The Company now expects third quarter adjusted EBITDA from continuing operations to be between $260 million and $280 million. As previously announced, Huntsman will begin reporting Textile Effects as discontinued operations following the announced agreement to sell the division to Archroma, a portfolio company of SK Capital Partners.
Peter Huntsman, Chairman, President, and CEO commented:
"Huntsman is feeling the same pressures as others in the industry as we are being impacted by persistent and extraordinary cost of energy in Europe, together with lower than expected demand across segments in our portfolio, primarily within Polyurethanes and Performance Products. The economy in China continues to lag our expectations due to continued Covid-related lockdowns. While the United States remains our most resilient market, demand in residential housing has slowed.
"We remain on track to exceed our previously announced cost optimization and synergy program and expect to deliver an annualized run rate of approximately $170 million by year-end. Given the current operating environment, we are evaluating further cost reduction and optimization opportunities and we are actively moving product into Europe from our facilities in the United States and Asia."
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2021 revenues of approximately $8 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 associates within our four distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.
Social Media:
Twitter: www.twitter.com/Huntsman_Corp
Facebook: www.facebook.com/huntsmancorp
LinkedIn: www.linkedin.com/company/huntsman
Forward-Looking Statements:
Certain information in this release constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed under the caption "Risk Factors" in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman's operations, including any delay of, or other negative developments affecting the ability to implement cost reductions, timing of proposed transactions, and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
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SOURCE Huntsman Corporation | https://www.kxii.com/prnewswire/2022/09/16/huntsman-updates-third-quarter-2022-outlook/ | 2022-09-16T12:14:51Z |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Ernst & Young LLP (EY US) announced today that a highly skilled team of Americas Microsoft Dynamics professionals from DXC Technology (NYSE: DXC) is joining the EY Microsoft Services Group. The combined team will help clients modernize their finance and operations, enterprise resource planning (ERP) and supply chain management by designing, developing and implementing custom solutions using Microsoft technologies.
"Over the last five years, the EY organization has recognized the power of acquisitions to support the organization's NextWave strategy. I am very pleased to welcome this highly skilled team at a time when digital solutions are the cornerstone of today's working world," says Andy Baldwin, EY Global Managing Partner – Client Service. "This acquisition is the latest example of how the EY organization is investing in technology capabilities to help clients achieve their business goals."
The newly acquired team brings extensive experience with Microsoft Dynamics. Integrating this team with the EY Microsoft Services Group will deepen EY capabilities and expand the array of solutions EY US offers to help companies realize the long-term value of broad Microsoft-supported digital transformations.
"This newly combined team will work with Microsoft to continue to create new, innovative client experiences, giving them greater visibility and agility to support their decision-making with robust analytics and AI-driven insights fueled by Microsoft Dynamics," said Charles Lamanna, Corporate Vice President, Business Applications & Platform, Microsoft.
The EY Microsoft Services Group focuses on helping to deliver digital solutions built with Microsoft applications to enhance organizations' finance, operations, supply chain and customer engagement capabilities. As a result, embedded analytics and AI insights improve visibility, agility and decision-making, allowing for real-time adjustments to market conditions or customer opportunities.
"The EY organization works to help clients solve their toughest issues through business ingenuity," explains Greg Jenko, EY Global Microsoft Services Group Leader. "This team's focus on Microsoft Dynamics coupled with the power of our EY team's capabilities in finance and supply chain transformation will drive significant impact and value for EY clients."
"Organizations across every industry are accelerating their exploration of new ways to innovate through technology," says Raj Sharma, Americas Consulting Vice Chair. "By expanding our team of professionals with Microsoft skills, we are strengthening the EY ecosystem and leadership in this transformative technology at a time when these skills are in high demand."
EY teams have received six Microsoft Advanced Specializations certifications, and it is recognized as a Gold competency partner across Azure, Dynamics 365 and Microsoft 365 clouds focused on multiple technology domains. To date, the EY organization has supported more than 4,000 clients and executed more than 16,000 projects globally to assist clients in their digital transformations. To learn more about the EY and Microsoft Alliance, visit: https://www.ey.com/en_gl/alliances/microsoft.
Notes to editors
About EY Consulting Services
In Consulting, we are building a better working world by transforming businesses through the power of people, technology and innovation.
It's our ambition to become the world's leading transformation consultants.
The diversity and skills of our 70,000+ people will help EY clients realize transformation by putting humans at the center, delivering technology at speed and leveraging innovation at scale.
These core drivers of "Transformation Realized" will create long-term value for our people, our clients and society.
For more information about our Consulting organization, please visit ey.com/consulting.
About EY
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US. This news release reflects information from the date of initial publication, and is not further updated.
Related links
www.ey.com
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SOURCE EY | https://www.kxii.com/prnewswire/2022/08/02/americas-microsoft-dynamics-team-dxc-technology-joins-ernst-amp-young-llp-expanding-its-capabilities-microsoft-business-applications-connected-enterprise-solutions/ | 2022-08-02T13:18:47Z |
Using Technology from Thomas Built Buses, Proterra, Rhombus, and Synop, Two Electric School Buses Delivered More Than 80 Hours of Power on Hot Days in Massachusetts
BEVERLY, Mass., Aug. 25, 2022 /PRNewswire/ -- Electric school buses in Beverly, Massachusetts provided energy back to the electricity grid for more than 80 hours this summer – helping to reinforce the grid during some of the hottest summer days when electricity was most in demand. Working with technology partners Thomas Built Buses, Proterra, Rhombus, and Synop, Highland Electric Fleets, the leading provider of fleet electrification-as-a-service, activated two Thomas Built Buses Saf-T-Liner C2 Jouley® electric school buses equipped with Proterra Powered™ battery systems to provide more than seven megawatt hours (MWh) of energy to the electric grid as part of a commercial vehicle-to-grid (V2G) program with National Grid. Over 32 grid events this summer, Highland's Beverly V2G deployment demonstrated the viability of electric buses as V2G resources, providing a template to scale the service at additional deployments in Vermont, Maryland, Colorado, California, Virginia and beyond.
"Electric school buses are ideal assets for V2G applications," said Sean Leach, director of technology and platform management at Highland. "Nearly 500,000 school buses in North America spend most of their time parked. Fossil fuel-powered buses provide no value when idle. Electric buses, on the other hand, can be used effectively as mobile batteries when not transporting students to provide additional power that supports grid stability and resiliency. We're excited to work with top-tier partners to scale V2G programs and benefits to other communities."
Utilities can reduce emissions by using electric school buses as distributed energy resources (DER) when energy demand spikes, rather than firing up conventional fossil fuel resources for short periods of time. The Beverly deployment is providing essential data that will enable National Grid and other utilities to scale similar V2G programs in the future for more sustainable energy systems.
This is the second summer that electric school buses in Beverly have served as V2G assets: in 2021, Highland coordinated the same partners to use a Proterra Powered, Thomas Built Buses Saf-T-Liner C2 Jouley® to send around three MWh of energy back to the grid over nearly 60 hours spanning 30 events. The cumulative 10 MWh the buses have sent to the grid makes a meaningful contribution to the energy mix and alleviates strain on the electric system. According to the state of Massachusetts, the average residential customer uses approximately 500 kWh per month – about 17 kWh per day. The 10 MWh (10,000 kWh) from the buses is enough to power nearly 600 homes for a day.
"Communities across the country are transitioning to a 100% clean energy and clean transportation future. Electric school buses can play an important role in driving this switch – bringing a cleaner, quieter mode of transportation for our students while also supporting a more local and resilient energy system by delivering stored energy back to the grid when it's needed most," said Chris Bailey, president of Proterra Powered & Energy. "We're proud to partner with Highland Electric, Thomas Built Buses, and our other partners to help shape a cleaner, more sustainable future that's powered by Proterra."
The Saf-T-Liner C2 Jouley couples 226 kilowatt hours (kWh) of total energy capacity from Proterra's industry-leading battery technology with a Proterra electric drivetrain to offer up to 138 miles of drive range to meet the needs of school bus fleets.
Rhombus Energy Solutions' 60 kW high-powered DC fast charger, certified to UL 1741-SA standards, meet rigorous requirements to ensure safe and reliable operation, and can provide bidirectional charging capabilities for up to five school buses per power control system.
Synop provides fleet managers an end-to-end solution that helps regulate energy on the grid and provides new financial opportunities for fleets. Between charging management, route planning, and energy monitoring and V2G orchestration, Synop automates EV operations at scale and accelerates commercial electrification.
"For cities looking to optimize their energy grid, V2G is a breakthrough technology, and its full capacity is only realized when it can be applied to EV fleets," said Gagan Dhillon, co-founder and CEO of Synop. "A cross-organization collaboration of this nature is crucial to unlocking that capacity and producing the tremendous environmental and economic benefits."
Highland Electric Fleets is the leading provider of electrification-as-a-service for municipal and government fleets in North America. Founded in 2018, Highland offers a unique suite of products that make it simple and affordable for school districts, governments, and fleet operators to upgrade to electric fleets today. Whatever the customer's need, Highland delivers a seamless experience, with all the equipment and services needed to keep a fleet running smoothly. By partnering with Highland, communities can improve local health, stabilize fuel costs, lower carbon emissions, eliminate noise pollution, and support grid resiliency with commercial vehicle-to-grid solutions. Active in 30 states and Canada, Highland is responsible for the largest electric school bus deployment in the United States. To learn more, visit https://highlandfleets.com.
Media Contact:
Mission Control Communications
highlandelectric@missionc2.com
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SOURCE Highland Electric Fleets | https://www.kxii.com/prnewswire/2022/08/25/highland-electric-fleets-coordinates-electric-school-buses-summer-job-supporting-local-grid-with-vehicle-to-grid-technology/ | 2022-08-25T12:59:10Z |
CUTE: Farm animal pen pals help kids learn social-emotional skills
DENVER, Colo. (KUSA) – When the pandemic took classrooms away from children, there were some consequences. It was especially tough on younger kids, who may have missed out on developing social and emotional skills.
As classrooms opened back up, a psychologist in Colorado saw the need and wanted to help in that area.
Dr. Jessica Pfeiffer said the pandemic has impacted young students’ social interactions.
“When COVID hit, there were so many changes moving to that remote learning and it was a space that the kids could share, ‘Hey, I miss being with my friends. I miss routines.’”
Pfieffer said they missed developmental opportunities.
“We created Barn Buddies, which is a pen pal program that students get to write to the animals about life and the animals read the letters and write back,” she said.
They write to the pigs, the goats, and the alpacas.
The barn buddies all respond with the help of Natalie Hittmeier.
She told the children that she feels like she can understand what the animals are saying.
“I don’t want to be the spoiler of bad news, but the animals actually cannot write,” Pfeiffer said.
Hittmeier said she doesn’t speak for the animals, she interprets for them.
“They whisper in my ear. I listen and I write it down and I send it back,” she said.
Hittmeier is a social worker, working on kids’ mental health.
“No one’s trying to fool the kids. It’s, for us, coming from that social-emotional perspective, how we are able to create this safe space so that the kids can communicate about everything that they’re feeling,” Hittmeier said. “Your animal isn’t going to say something mean to you like your friend might if they’re not thinking.”
Hittmeier said the animals will bring up an issue that they’re having with one of their friends.
“Say one of their friends is being mean to them and they don’t know what to do, and so they’ll ask the kids for help and guidance on what to do in those situations,” Hittmeier said.
Chloe James is a first-grader happy to offer advice to her friends on the farm.
“They wanted to know questions about, like, how they could interact with their feelings,” she said.
Like the other children, Chloe was happy to finally meet her penpal.
“More than ever right now, we need avenues for our students to connect, not just with humans, but with animals,” Pfeiffer said.
Pfeiffer said the farm visit teaches children about non-threatening behavior.
“I think there’s something very holistic about being in a relationship with an animal,” she said.
The Barn Buddies program works with schools to teach children through a neurobiological lens, not just an academic one.
Copyright 2022 KUSA via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/07/04/cute-farm-animal-pen-pals-help-kids-learn-social-emotional-skills/ | 2022-07-04T22:45:19Z |
– Four Fan-Favorite Jones Soda Flavors Infused with THC Take Flavors Higher –
SEATTLE, June 22, 2022 /PRNewswire/ -- Get ready for the best tasting brand in cannabis, available now in California. After 25 years of creating signature craft soda flavors and famously featuring fan-submitted photo labels on every bottle, Jones Soda Co. is entering a whole new category with the new Mary Jones brand of cannabis-infused sodas.
Mary Jones 10mg Cannabis-Infused Sodas are available in Jones' fan-favorite Root Beer, Berry Lemonade, Green Apple and Orange & Cream flavors. Every flavor tastes like the Jones Soda original, thanks to Jones flavor scientists who have spent more than two decades as innovators in flavor and have now adapted their iconic recipes for cannabis. These delicious sodas are sold in single-serving 12 oz glass bottles with a 4-pack carrier perfect to bring to a party and share with friends.
The new Mary Jones products also continue Jones Soda's tradition of using photographs submitted by consumers on their bottle labels and printing quotes from fans under the bottle caps. These traditions of getting fans involved with the brand through self-expression, along with unique flavors like FuFu Berry and partnerships with partners from UFC champion Julianna Pena to Sub Pop Records, have built a community of passionate fans that has continued to grow.
Mary Jones keeps things DIY by offering a custom t-shirt builder enabling fans, influencers and budtenders to create individualized designs to wear or list for sale on the MaryMart commerce site where Mary Jones shares profits with creators.
Other Mary Jones products scheduled for launch in California later this year include a 100mg cannabis-infused soda packaged in a 16 oz, 10-serving can; a 1000mg syrup cannabis tincture designed for mixing with other drinks, using as a food topping or sipping; carbonated candy 2.5mg tablets for flavorful microdoses on the go; and 5mg cannabis-infused gummies shaped like miniature Jones soda bottles with a fun mini-four-pack carrier for a build-it-yourself downloadable DIY project. Plans are underway for additional products as well as expansion into other legal adult-use states.
"Jones Soda is a legendary brand built from bold flavors and doing bold things," said Bohb Blair, Chief Brand Officer, Mary Jones Cannabis Co. and CMO, Jones Soda Co. "Whether you're a canna-newbie or a cannaseur, our sodas are the most exciting flavors in cannabis today, and our product roadmap will keep our fans delighted by what's to come."
In California, Mary Jones has partnered with Kiva Sales and Service (KSS), distribution and sales; Tinley Beverage Company, cannabis beverage manufacturing; and SōRSE Technology, emulsion and formulation.
Mary Jones sodas are available at launch at California dispensaries including Sweet Flower locations around Los Angeles, Green Goddess in Venice Beach, and Embarc in northern California. A full list of dispensaries carrying Mary Jones products is available on the storefinder page at www.gomaryjones.com.
About Jones Soda Co.
Jones Soda Co.® (CSE: JSDA, OTCQB: JSDA) is a leading craft soda manufacturer with a subsidiary dedicated to cannabis products. The company markets and distributes premium craft sodas under the Jones® Soda and Lemoncocco® brands, and a variety of cannabis products under the Mary Jones brand. Jones' mainstream soda line is sold across North America in glass bottles, cans and on fountain through traditional beverage outlets, restaurants and alternative accounts. The company is headquartered in Seattle, Washington. For more information, visit www.jonessoda.com, www.myjones.com, www.drinklemoncocco.com or https://gomaryjones.com
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SOURCE Mary Jones | https://www.mysuncoast.com/prnewswire/2022/06/22/mary-jones-1st-cannabis-soda-with-real-soda-taste-debuts-california/ | 2022-06-22T21:32:55Z |
Strategic acquisition expands footprint into Montana
PALM BEACH GARDENS, Fla., July 1, 2022 /PRNewswire/ -- Dakota Wealth Management, an independent investment management firm serving high-net-worth individuals and families, has entered into an agreement to acquire Billings, Montana-based Loveless Wealth Management LLC. Loveless is Dakota Wealth's fourth transaction in the past 12 months.
"We were focused on firms primarily on the East Coast when we were approached by an opportunity with Loveless in Montana. After a lengthy conversation, we were convinced that the Loveless team was a great fit with Dakota from both a cultural standpoint and their approach to wealth management," noted Peter Raimondi, Founder and CEO, Dakota Wealth Management, "When we are fortunate to come across extraordinarily talented individuals who share our philosophy about wealth management, we are eager to welcome them into the Dakota family."
The team at Loveless sought to join a larger firm to ensure proper continuity of planning and care for its clients.
"I wanted a partner who could ensure our transition and succession plan is well formulated with a multi-generational leadership structure that will continue to provide exceptional client service for many generations to come," Donald S. Loveless, CFA, CFP®, president and founder of Loveless Wealth Management, noted. "With its emphasis on employee ownership, I felt Dakota was the ideal partner for us."
In addition to Mr. Loveless, Brian Suskevich, WMCP®, Maribeth (Betsy) A. Rector, AIF®, and Hillary Lester will remain in place to serve their current clientele. Client service and advice will remain the top priority for both companies throughout the transition.
"Dakota was a perfect fit," commented Ms. Rector. "Their emphasis on people and relationships, both internally as a team as well as how that flows into taking care of clients, was very important to us. We are all excited to start this next chapter."
"I am thrilled to be part of a team as dynamic as Dakota Wealth Management," added Mr. Suskevich. They have been amazing throughout this entire transition process."
This is the first office in Montana for Dakota Wealth Management. The Palm Beach Gardens, Fla.-based firm now has 14 offices in 10 U.S. states.
Dakota Wealth Management is an independent investment management, wealth and estate planning, and full-service tax planning firm serving high-net-worth individuals, families, and institutions. Headquartered in Palm Beach Gardens, Florida and founded by RIA industry veteran Peter Raimondi, Dakota elevates wealth management to an art with thoughtfully designed investment portfolios and personalized wealth management services. Dakota also provides a full suite of financial planning, estate planning and tax services for selected clients. For more information, visit www.dakotawm.com.
Loveless Wealth Management LLC is an SEC-registered investment advisory firm founded in 1987 by Donald S. Loveless, CFA, and CFP®. The firm is based in Billings, Montana and provides customized investment portfolio management, financial planning, tax planning and estate planning services to its clients. For more information, visit: https://loveless-wealth.com/
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SOURCE Dakota Wealth Management | https://www.wibw.com/prnewswire/2022/07/01/dakota-wealth-management-acquire-loveless-wealth-management/ | 2022-07-01T12:51:40Z |
SAN FRANCISCO, INDIANAPOLIS and SUZHOU, China, June 20, 2022 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high-quality medicines for the treatment of cancer, autoimmune, metabolic, ophthalmology and other major diseases, and Eli Lilly and Company ("Lilly", NYSE: LLY) today announced that the Center for Drug Evaluation (CDE) of China's National Medical Products Administration (NMPA) has approved the supplemental New Drug Application (sNDA) for TYVYT® (sintilimab injection) in combination with cisplatin plus paclitaxel or cisplatin plus 5-fluorouracil chemotherapy for the first-line treatment of unresectable, locally advanced, recurrent or metastatic esophageal squamous cell carcinoma (ESCC).
This is the fifth NMPA-approved indication of TYVYT®. In China, TYVYT® was approved for: the treatment of relapsed or refractory classical Hodgkin's lymphoma in December 2018; the first-line treatment of non-squamous non-small cell lung cancer (NSCLC) in February 2021; and the first-line treatment of squamous NSCLC as well as the first-line treatment of hepatocellular carcinoma in June 2021.
The new approval was based on the interim analysis of ORIENT-15, a global randomized, double-blind, multi-center Phase 3 clinical trial – which evaluated sintilimab in combination with chemotherapy compared to placebo in combination with chemotherapy as first-line therapy for ESCC. Based on the interim analysis conducted by the Independent Data Monitoring Committee (IDMC), sintilimab in combination with chemotherapy demonstrated a statistically significant improvement in the primary endpoint of overall survival (OS) compared to placebo in combination with chemotherapy regardless of PD-L1 expression status, meeting the pre-defined superior efficacy criteria. Safety profile was consistent with that observed in previously reported studies of sintilimab without new or unexpected safety signals. The results of ORIENT-15 were published in British Medical Journal on April 19, 2022[1].
Prof. Shen Lin, Principal Investigator of ORIENT-15 Study, Peking University Cancer Hospital and Institute, stated," Esophageal cancer is one of the most common cancers in China ranking fifth in cancer prevalence and the fourth in mortality cases, with squamous cell carcinoma as most predominant histologic type[2]. In the past, median OS was approximately 10 months for chemotherapy as the first-line standard of care[3]. The results of ORIENT-15 demonstrated that sintilimab plus chemotherapy as the first-line treatment for ESCC significantly improved overall survival (OS) and progression-free survival (PFS) compared to placebo plus chemotherapy, with median OS of 16.7 months(vs. 12.5 months, HR=0.63) and median PFS of 7.2 months(vs. 5.7months,HR=0.56) for sintilimab plus chemotherapy. In addition, the results showed the general applicability of sintilimab with two different chemotherapy regimens[1]. The approval of sintilimab in combination with chemotherapy as a first-line treatment for ESCC is exciting news and will provide an effective and affordable treatment option for patients living with ESCC in China."
Dr. Yongjun Liu, President of Innovent, stated," TYVYT® (sintilimab injection) is the only innovative PD-1 inhibitor with positive Phase 3 studies results as a first-line treatment for five major types of cancer, including the squamous/non-squamous non-small cell lung cancer, liver cancer, gastric cancer and now esophageal cancer. We are encouraged by the results of the ORIENT-15 study, a global multi-center phase 3 trial demonstrating sintilimab as a high quality treatment option with great clinical value for people living with esophageal cancer. Innovent is committed to our mission of developing high-quality biopharmaceuticals that are affordable and contribute to the 'Healthy China 2030' Plan for cancer prevention and treatment."
Dr. Hui Zhou, Senior Vice President of Innovent, stated, "There is a huge unmet clinical need for the first-line treatment of advanced or metastatic ESCC. The results of ORIENT-15 demonstrated that sintilimab can bring significant clinical benefit to the treatment of ESCC. Today, the NMPA of China approval marks another important milestone for sintilimab, and we believe the positive study results will soon translate into superior clinical benefits for ESCC patients. We believe the approval of this new indication will further strengthen the leadership position of TYVYT® (sintilimab injection) and bring hopes to more Chinese cancer patients in broader market."
Mr. Julio Gay-Ger, President and General Manager of Lilly China, stated, "From Hodgkin's lymphoma, lung cancer, liver cancer, and now to esophageal squamous cell carcinoma (ESCC), we are excited to see another indication of TYVYT® (sintilimab injection) approved in China in a short of time, bringing new options to Chinese esophageal cancer patients. With our commitment to oncology, Lilly strives to bring high-quality and affordable innovative drugs to Chinese cancer patients through both independent R&D and local partnerships. TYVYT® (sintilimab injection) sets a great example for our partnership with Innovent, and the new approval will further benefit more Chinese cancer patients."
Dr. Li Wang, Senior Vice President of Lilly China and Head of Lilly China Drug Development and Medical Affairs Center, stated, "The approval of TYVYT® (sintilimab injection) for the first-line indication of esophageal squamous cell carcinoma (ESCC) demonstrated the clinical value of combined immunotherapy in this field. The number of new cases and deaths of esophageal cancer in China accounts for more than half of the world's total[2]. The ORIENT-15 study, starting from the Chinese ESCC population while having a global perspective, achieved promising results of benefiting the entire population, bringing new options and new hope for the treatment of ESCC patients[1]."
About the ORIENT-15 Study
ORIENT-15 is a global randomized, double-blind, multicenter Phase 3 clinical study evaluating sintilimab in combination with chemotherapy (cisplatin plus paclitaxel or 5-fluorouracil [5-FU]), compared to placebo in combination with chemotherapy, for the first-line treatment of unresectable locally advanced, recurrent or metastatic esophageal squamous cell carcinoma (ClinicalTrials.gov, NCT03748134). At the time of interim analysis, a total of 659 eligible patients (of the planned 676 estimated participants) were enrolled and randomly assigned into the experimental group or control group in a 1:1 ratio. The primary endpoints were overall survival (OS) in all randomized patients and OS in PD-L1 positive (defined as CPS ≥10) patients[1].
Based on the interim analysis conducted by the Independent Data Monitoring Committee (IDMC), sintilimab in combination with chemotherapy demonstrated a statistically significant improvement in the primary endpoint of overall survival (OS) compared to placebo in combination with chemotherapy, regardless of PD-L1 expression status, meeting the pre-defined superior efficacy criteria. Safety analyses revealed no new safety signals. The results of ORIENT-15 were published in British Medical Journal on April 19, 2022[1].
About Esophageal Squamous Cell Carcinoma (ESCC)
Esophageal cancer (EC) is one of the most common malignant tumors worldwide that begins in the inner layer (mucosa) of the esophagus, which connects the throat to the stomach. Based on GLOBOCAN 2020 estimates, approximately 600,000 new cases of esophageal cancer are diagnosed and approximately 540,000 deaths result from the disease worldwide each year[4]. Esophageal cancer is the seventh most commonly diagnosed cancer and the sixth leading cause of death from cancer worldwide[4]. More than half of new and fatal cases of esophageal cancer in the world occur in China[2]. In China, it is estimated there were approximately 320,000 new cases of esophageal cancer diagnosed and approximately 300,000 deaths resulting from the disease in 2020[2]. Esophageal cancer is the fifth most commonly diagnosed cancer and the fourth leading cause of death from cancer in China, where it has a five-year survival rate of only 30%[2].
The two main types of esophageal cancer are squamous cell carcinoma (SCC) and adenocarcinoma. In China, SCC is the predominant histologic type, accounting for more than 90% of all esophageal cancer[5]. In the past, first-line standard systemic therapy was chemotherapy based on platinum drugs for unresectable locally advanced, recurrent or metastatic ESCC, which calls for more effective first-line treatment options. Several PD-1 inhibitors have been approved as first-line treatment in combination with chemotherapy[6],[7] .
About Sintilimab
Sintilimab, marketed as TYVYT® (sintilimab injection) in China, is a PD-1 immunoglobulin G4 monoclonal antibodyjointly developed by Innovent and Eli Lilly and Company. Sintilimab is a type of immunoglobulin G4 monoclonal antibody, which binds to PD-1 molecules on the surface of T-cells, blocks the PD-1 / PD-Ligand 1 (PD-L1) pathway, and reactivates T-cells to kill cancer cells[8]. Innovent is currently conducting more than 20 clinical studies of sintilimab to evaluate its safety and efficacy in a wide variety of cancer indications, including more than 10 registrational or pivotal clinical trials.
In China, sintilimab has been approved and included in the National Reimbursement Drug List (NRDL) for four indications, and recently approved for one additional indication including:
- The treatment of relapsed or refractory classic Hodgkin's lymphoma after two lines or later of systemic chemotherapy;
- In combination with pemetrexed and platinum chemotherapy, for the first-line treatment of non-squamous non-small cell lung cancer lacking EGFR or ALK driver mutations;
- In combination with gemcitabine and platinum chemotherapy, for the first-line treatment of squamous non-small cell lung cancer;
- In combination with BYVASDA® (bevacizumab biosimilar injection) for the first-line treatment of unresectable or advanced hepatocellular carcinoma;
- In combination with cisplatin plus paclitaxel or cisplatin plus 5-fluorouracil for the first-line treatment of esophageal squamous cell carcinoma.
Additionally, Innovent currently has two regulatory submissions under review in the China's NMPA for sintilimab:
- In combination with chemotherapy for the first-line treatment of unresectable, locally advanced, recurrent or metastatic gastric or gastroesophageal junction adenocarcinoma;
- In combination with bevacizumab biosimilar and chemotherapy for EGFR-mutated non-squamous NSCLC following EGFR-TKI treatment.
Additionally, two clinical studies of sintilimab have met their primary endpoints:
- Phase 2 study as second-line treatment of esophageal squamous cell carcinoma;
- Phase 3 study as second-line treatment for squamous NSCLC with disease progression following platinum-based chemotherapy.
About Innovent
Inspired by the spirit of "Start with Integrity, Succeed through Action," Innovent's mission is to develop, manufacture and commercialize high-quality biopharmaceutical products that are affordable to ordinary people. Established in 2011, Innovent is committed to developing, manufacturing and commercializing high-quality innovative medicines for the treatment of cancer, autoimmune, metabolic, ophthalmology and other major diseases. On October 31, 2018, Innovent was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code: 01801.HK.
Since its inception, Innovent has developed a fully integrated multi-functional platform which includes R&D, CMC (Chemistry, Manufacturing, and Controls), clinical development and commercialization capabilities. Leveraging the platform, the company has built a robust pipeline of 32 valuable assets in the fields of cancer, metabolic, autoimmune disease and other major therapeutic areas, with 7 products approved for marketing in China – TYVYT® (sintilimab injection), BYVASDA® (bevacizumab biosimilar injection), SULINNO® (adalimumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection) , Pemazyre® (pemigatinib oral inhibitor) and olverembatinib (BCR-ABL TKI) and Cyramza® (ramucirumab), 3 assets under NMPA NDA review, 3 assets in Phase 3 or pivotal clinical trials, and an additional 19 molecules in clinical studies.
Innovent has built an international team with advanced talent in high-end biological drug development and commercialization, including many global experts. The company has also entered into strategic collaborations with Eli Lilly and Company, Adimab, Incyte, MD Anderson Cancer Center, Hanmi and other international partners. Innovent strives to work with many collaborators to help advance China's biopharmaceutical industry, improve drug availability and enhance the quality of the patients' lives. For more information, please visit: www.innoventbio.com. and www.linkedin.com/company/innovent-biologics/.
Note:
Sintilimab is not an approved product in the United States.
BYVASDA® (bevacizumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection), and SULINNO® (adalimumab biosimilar injection) are not approved products in the United States.
TYVYT® (sintilimab injection, Innovent)
BYVASDA® (bevacizumab biosimilar injection, Innovent)
HALPRYZA® (rituximab biosimilar injection, Innovent)
SULINNO® (adalimumab biosimilar injection, Innovent)
Pemazyre® (pemigatinib oral inhibitor, Incyte Corporation). Pemazyre® was discovered by Incyte Corporation and licensed to Innovent for development and commercialization in Mainland China, Hong Kong, Macau and Taiwan.
CYRAMZA® (ramucirumab, Eli Lilly). Cyramza® was discovered by Eli Lilly and licensed to Innovent for commercialization in Mainland China.
About Eli Lilly and Company
Lilly is a global healthcare leader that unites caring with discovery to create medicines to make life better for people around the world.
We were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and today we remain true to that mission in all our work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism. To learn more about Lilly, please visit us at www.lilly.com and http://newsroom.lilly.com/social-channels.
About Eli Lilly and Company's strategic cooperation with Innovent Biologics
Lilly entered into a strategic collaboration with Innovent focused on biological medicine in March 2015 – a groundbreaking partnership between a Chinese pharmaceutical company and a multinational pharmaceutical company. Under the agreement, Lilly and Innovent will co-develop and commercialize oncology medicines, including Tyvyt® (sintilimab injection) in China. In October 2015, the two companies announced the extension of their existing collaboration to include co-development of three additional oncology antibodies targeting oncology indications. In August 2019, Innovent further entered into a licensing agreement with Lilly to develop and commercialize a potentially global best-in-class diabetes medicine in China. Its collaboration with Lilly indicates that Innovent has established a comprehensive level of cooperation between China's innovative pharmaceuticals sector and the international pharmaceuticals sector in fields such as R&D, CMC, clinical development and commercialization. In August 2020,Lilly and Innovent announced a global expansion of their strategic alliance for sintilimab, whereby Lilly obtained an exclusive license for sintilimab for geographies outside of China and plans to pursue registration of sintilimab in the U.S. and other geographies outside of China. In March 2022, Lilly and Innovent deepened the strategic partnership in oncology.
Innovent Biologics, Inc. Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent, are intended to identify certain of such forward-looking statements. The Company does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of the Company with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, the Company's competitive environment and political, economic, legal and social conditions.
The Company, the Directors and the employees of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialise or turn out to be incorrect.
Eli Lilly and Company Forward-Looking Statement
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about sintilimab and reflects Lilly's current beliefs and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there can be no guarantee that future study results will be consistent with study results to date, or that sintilimab will receive additional regulatory approvals or be commercially successful. For further discussion of these and other risks and uncertainties, see Lilly's most recent Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
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SOURCE Innovent Biologics | https://www.wibw.com/prnewswire/2022/06/21/innovent-lilly-jointly-announce-approval-tyvyt-sintilimab-injection-by-china-nmpa-combination-with-chemotherapy-first-line-treatment-esophageal-squamous-cell-carcinoma/ | 2022-06-21T01:19:33Z |
ROSEMONT, Ill., May 16, 2022 /PRNewswire/ -- Shoulder arthroscopy pioneer and previous Arthroscopy Association of North America (AANA) Board Member Stephen J. Snyder, M.D. will accept the AANA Lifetime Achievement Award at the 2022 AANA Annual Meeting Thursday, May 19 in San Francisco, California. Additionally, Richard L. Angelo, M.D., Ph.D. and Nicholas A. Sgaglione, M.D., exceptional Orthopaedic Surgeons and past presidents of AANA, will be accepting the AANA Distinguished Service Award at the same meeting on Saturday, May 21.
The Lifetime Achievement Award is presented to an AANA Member who has made extraordinary contributions to the organization and field of minimally invasive surgery through education, service, advocacy, publications and research. Dr. Snyder is recognized for his countless contributions to shoulder surgery, including the advancement of diagnosing and treating a variety of shoulder injuries. Additionally, his partnership with several surgical device companies resulted in the development of over 50 surgical tools and products that have advanced patient outcomes. On top of his significant career achievements, Dr. Snyder has made a lasting impact on AANA, having become the first coordinator of the Shoulder Arthroscopy Section in addition to serving on multiple AANA committees and on the AANA Board of Directors, ultimately becoming treasurer. AANA has honored his commitment to the organization and arthroscopy education in naming the Stephen J. Snyder, M.D. Arthroscopy Instructor Award, which is presented annually to the best instructor at an AANA Lab Course.
"Dr. Snyder possesses all of the qualifications that a recipient of such a prestigious award should have and then some," says Laura Downes, AANA CEO. "Not only are his contributions to AANA countless, but his desire for advancing the organization and consequently the scope of practice are admirable."
Similarly, the AANA Distinguished Service Award, which was created in 2021, is bestowed upon an AANA Member for their exceptional service in leading an initiative or project for the organization, the orthopaedic community or community at large. Drs. Angelo and Sgaglione are recognized for the award as a direct result of their tireless efforts and commitments to mold AANA into the notable organization that it is today. Dr. Angelo helped transform proficiency-based progression training, a form of assessment frequently used to record proficiency benchmarks for Orthopaedic Residents and Fellows. He is also responsible for executing the Magellan Project, which gave way to noteworthy research endeavors such as the Copernicus Initiative and the Fundamentals of Arthroscopic Surgery Training Program. Dr. Sgaglione's efforts paved the way for AANA to partner with numerous like-minded organizations, and his service as chair of multiple AANA committees has led the organization to great heights.
The AANA Distinguished Service Award, in addition to recognition at the annual meeting, also grants a donation of $2,500 to be given to the organization of their choice. Dr. Angelo will be issuing his donation to Doctors Without Borders – War in Ukraine Relief, an organization that brings medical humanitarian relief to victims of conflict. Dr. Sgaglione has appropriately chosen the donation be given to Dr. Leslie A. Sgaglione Memorial Scholarship Fund in honor of his late wife.
"The positive impact both Drs. Angelo and Sgaglione have made on AANA is evident, and it's why they are both very deserving of this award," Laura adds. "Their passion, dedication and unwavering leadership to AANA's educational and collaborative efforts and related initiatives are inspirational. The essence of this award can be summarized through both Drs. Angelo's and Sgaglione's diligent actions."
AANA is an international professional organization of more than 6,000 Orthopaedic Surgeons and other medical professionals who are committed to advancing the field of minimally invasive orthopaedic surgery to improve patient outcomes through education, research and advancement.
Media Contact:
Christine Nogal, M.B.A., CAE
Vice President of Marketing & Operations, Arthroscopy Association of North America
847-993-2069
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SOURCE Arthroscopy Association of North America | https://www.mysuncoast.com/prnewswire/2022/05/16/renowned-orthopaedic-surgeons-accept-aana-lifetime-achievement-distinguished-service-awards/ | 2022-05-16T21:56:45Z |
$500K recovered after Kan., Colo. medical centers pay North Korean ransoms
New strain of ransomware identified
TOPEKA, Kan. (WIBW) - Thanks to the quick action and reporting of a Kansas medical center, the Department of Justice and FBI were able to recover about $500,000 in funds paid as ransom to North Korea after medical servers in two states were hacked.
The U.S. Justice Department announced on Tuesday, July 19, that a complaint was filed in the District of Kansas to forfeit cryptocurrency paid by healthcare companies as ransom to North Korean hackers. In May 2022, it said the Federal Bureau of Investigation filed a sealed seizure warrant for the funds worth about half a million dollars.
The Justice Department noted that the seized funds include ransoms paid by health care providers in both Kansas and Colorado.
“Thanks to rapid reporting and cooperation from a victim, the FBI and Justice Department prosecutors have disrupted the activities of a North Korean state-sponsored group deploying ransomware known as ‘Maui,’” said Deputy Attorney General Lisa O. Monaco today at the International Conference on Cyber Security. “Not only did this allow us to recover their ransom payment as well as a ransom paid by previously unknown victims, but we were also able to identify a previously unidentified ransomware strain. The approach used in this case exemplifies how the Department of Justice is attacking malicious cyber activity from all angles to disrupt bad actors and prevent the next victim.”
Court documents indicate that in May 2021, North Korean hackers used the Maui strain to encrypt files and servers of a medical center in the Sunflower State. For more than a week of being unable to access the servers, the hospital paid about $100,000 in Bitcoin to regain the use of its equipment. Because the medical center did notify and cooperate with the FBI, agents were able to identify the never-before-seen ransomware and trace the crypto back to China-based money launderers.
“Reporting cyber incidents to law enforcement and cooperating with investigations not only protects the United States, it is also good business,” said Assistant Attorney General Matthew G. Olsen of the Justice Department’s National Security Division. “The reimbursement to these victims of the ransom shows why it pays to work with law enforcement.”
As a result of the cooperation, in April 2022, the DOJ said the FBI found saw about $120,000 in Bitcoin paid into one of the seized accounts identified thanks to the Kansas hospital. The investigation confirmed a medical provider in Colorado had just paid a ransom after it was attacked with the same ransomware.
In May 2022, documents show that the FBI seized the contents of two accounts that had received funds from the health care providers. The District of Kansas then proceeded to forfeit the hacker’s funds and return the stolen money to the victims.
“These sophisticated criminals are constantly pushing boundaries to search for ways to extort money from victims by forcing them to pay ramsons in order to regain control of their computer and record systems,” said U.S. Attorney Duston J. Slinkard for the District of Kansas. “What these hackers don’t count on is the tenacity of the U.S. Justice Department in recovering and returning these funds to the rightful owners.”
On July 6, 2022, the DOJ said that based on information gathered during its investigation, the FBI, the Cybersecurity and Infrastructure Security Agency and the Department of the Treasury issued a joint cybersecurity advisory about the North Korean threat to health care in the nation - which includes indicators of compromise and mitigation advice.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/19/500k-recovered-after-kan-colo-medical-centers-pay-north-korean-ransoms/ | 2022-07-19T19:29:53Z |
NEW YORK, July 21, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Spero Therapeutics, Inc. ("Spero" or the "Company") (NASDAQ: SPRO) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Spero investors who were adversely affected by alleged securities fraud between May 6, 2021 and May 2, 2022. Follow the link below to get more information and be contacted by a member of our team:
SPRO investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the data submitted in support of the New Drug Application ("NDA") for the Company's product candidate, Tebipenem HBr, were insufficient to obtain approval from the U.S. Food and Drug Administration ("FDA"); (ii) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (iii) the foregoing would necessitate a significant workforce reduction and restructuring of Spero's operations; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Spero during the relevant time frame, you have until July 25, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/07/21/spro-lawsuit-alert-levi-amp-korsinsky-notifies-spero-therapeutics-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-21T11:26:32Z |
The Second Largest Doorstep Trash and Recycling Amenity Solution Provider Approaches 250,000 Doors Under Contract Nationwide
TAMPA, Fla., Sept. 7, 2022 /PRNewswire/ -- Trash Butler, the leading doorstep trash and recycling amenity solution provider for multi-family industry, has grown over 60% in the past year by landing four large national accounts, including Asset Living, and one more recently to be disclosed that manages nearly 200,000 apartment units. With the tight housing market and so many people working from home juggling life demands, the desire to save time and reduce stress has never been greater. Trash Butler is furthering its mission to give residents that sought-after time back, while also being a valuable extension of the apartment community maintenance and management staff.
As one of only two nationwide providers in the industry, Trash Butler leverages its culture, technology, and client relationships to provide solutions that solve the growing needs of the multi-family industry. Coming off a recent participation in the Moderne Ventures' multi-family business development program, Trash Butler has solidified itself as the next generation leader in multi-family solutions for both residents as well as management companies and owners.
"By partnering nationally with some of the leading multi-family management companies and ownership groups, we have been able to create more clarity around our prop-tech solutions and solve for the apartment management and maintenance sustainability requirements, staffing shortages as well as the growing demand from residents for convenient lifestyle amenities," states Nick Friedman, Trash Butler Co-Founder.
Shareholders of the company include a $10B publicly traded waste management firm as well as the founders of the $300M national junk and moving franchise College Hunks Hauling Junk. They have invested considerable resources in technology to deliver prop-tech and outsourced solutions for multi-family that improve sustainable green environment initiatives as well as solve the staffing issues faced by many apartment management firms.
In the past year, Trash Butler has grown exponentially, including a national partnership with Greystar, which is the largest multi-family management company in the world. The multi-family sector has remained strong and is projected to grow significantly as rental housing remains a priority. Trash Butler leverages its technology, culture, and service to enhance the NOI and asset values of apartment communities, while also improving resident retention and loyalty.
Commercialized in 2019 after a Series A capital raise with Florida Funders, Trash Butler serves nearly 65 million units annually across 33 states. The firm's executive board includes key industry players, including Dave Magrisso, who founded Valet Waste, pioneering the doorstep trash pickup industry for multi-family communities.
ABOUT TRASH BUTLER: Trash Butler is the second largest doorstep valet trash and recycling amenity solution provider in the country, serving the Multi-Family Apartment industry, student housing, and condo communities. They are a purpose-driven, values-based, socially conscious, tech-enabled, and results-obsessed enterprise that helps increase apartment asset NOI, asset values, and seeks to help make residents' and property management's lives easier.
For more information, visit www.trashbutler.com.
Media Contact:
Brianne Barbakoff
brianne@inklinkmarketing.com
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SOURCE Trash Butler | https://www.mysuncoast.com/prnewswire/2022/09/07/trash-butler-eyes-expansion-multi-family-sustainability-maintenance-lifestyle-amenity-industry-with-growth-into-new-markets-large-national-accounts/ | 2022-09-07T15:03:48Z |
Personally, I’ve no use for what I call “greeting card holidays.” Valentine’s Day, Halloween, Father’s Day, Mother’s Day? Forget it. Actually, I’m leery of any red-letter day that people imagine gives them the right to tell you how to think and feel. A curmudgeon? Absolutely. I tell people I’m the happiest SOB I know, with the emphasis on SOB.
I’d make an exception for National Dog Day, which people all over social media celebrated last week. Actually, every day is Dog Day around our house. Even the day Aspen ate a brand-new pair of loafers I’d absent-mindedly left on the bedroom floor. Entirely my fault.
If it’s edible, Aspen will eat it. A collie/Great Pyrenees mix, he’s the sweetest-natured big dog I’ve ever owned and an honors graduate of the Arkansas Paws in Prison program. Not a day passes during our outing to the dog park that somebody doesn’t tell Diane and me how beautiful he is. Children adore him; women too. He’s the Brad Pitt of the park.
No point getting mad at Aspen; he just doesn’t understand. Besides, he only ate the leather uppers. The loafers are still useful for walking. We do laps on the quarter-mile track inside the enclosure while our four dogs entertain themselves. Aspen visits friends of both species and plays chase.
One 90-degree summer afternoon, a pair of un-neutered pit bulls tried to attack him. Aspen’s attitude was “you can’t hurt me if you can’t catch me.” He can run like a coyote. By the fourth lap around the 4 acres, the pits were gassed and gave up. Their owner was politely encouraged never to bring them back, and to my knowledge, she hasn’t.
Then there’s Officer Marley, our “Cowboy Corgi” (half corgi, half Australian cattle dog): “Sir, I’m going to need to see some identification.” An officious little brute, Marley resembles a black bowling ball with pointy ears. When she’s not herding dogs that she thinks are playing too exuberantly, she’s making people throw tennis balls for her to fetch.
She’s trained at least a dozen willing participants. And not just any tennis ball, either. Only the special ball she’s chosen for that day. Otherwise, it’s no go. Marley cannot be fooled. Then she stashes her treasures in the car. Every few days, we throw them back inside.
Meanwhile, our two basset hounds, Hank and Sophie, go about their business soliciting petting. Sophie’s 10 years old. She came to us after her owner (and our dog park friend) Debbie Watson died suddenly last winter. It took a while, but Sophie seems quite happy at our house — a benign tyrant, Diane calls her.
Hank came in a package deal with Marley, a bonded pair of 3-year-olds needing a home. At the house, Marley supervises Hank’s every move. At the park, however, he’s come into his own, trotting about eagerly looking for love. (He’s as handsome as Aspen, in his big-eared way.) After he began showing a particular fondness for one 20-something human, she gifted him with a nickname: “The Ladies’ Man.”
I have to say that it fits.
See, that’s the thing about the dog park. Yes, I’m a grizzled, unshaven old crock with white hair, but Hank’s made me a sparkling new friend. Meanwhile, Diane has made so many acquaintances she could probably be elected mayor. It’s always been that way.
Oddly, New York Times columnist David Brooks chose National Dog Day to write an interesting piece about loneliness, and why people are so loath to speak with strangers. It was illustrated with a photo of people ignoring each other in a New York subway car. There were no dogs in the picture.
In my experience, dogs can serve as a social emollient like no other. We go every afternoon at 4 p.m., rain or shine, 25 degrees or 105. By 3:45 p.m., there’s so much whimpering, barking and milling around that there’s really no choice.
Over a couple of years, we’ve befriended dozens of dog lovers at the park, a well-maintained enclosure by the river shaded by huge cottonwood trees. There are Monica and Boudreaux. She’s a special ed teacher and raconteur from Louisiana; he’s a fearless, comical toy Aussiedoodle. Monica takes him to work — the perfect teacher’s aide.
There are the Swabbies — David, Steve and John — Navy veterans who tell tales about their seagoing days. There’s Patrick and Hurley, his Lab, who gets soaking wet and dries himself on your leg.
If Aspen points his nose at the sky and howls like a wolf, Charlie from Massachusetts is about to arrive. Aspen can hear his dog, Dexter, barking excitedly from a half-mile away. Several weeks ago, somebody dumped an aggressive. 75-pound male dog at the park. Charlie took him home, named him Boston, and taught him to behave. We walk laps commiserating about the Red Sox while Diane charms the fleet.
No need for sociological treatises. Adopt a dog. Take your dog walking. Good things will happen.
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Gene Lyons is a National Magazine Award winner and author of “The Hunting of the President.”
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When cooking from 95°C/200°F, use simmering basket instead of the TM6 measuring cup that fits tightly in the lid / Thermomix® recipes are updated
WUPPERTAL, Germany, Aug. 23, 2022 /PRNewswire/ -- The quality of the products and the satisfaction of the customers have always been the highest priority for Vorwerk. The Vorwerk Thermomix® has been enjoying great popularity for many years and is a driving force in the field of food processors and kitchen appliances with more than 8 million units sold worldwide (Thermomix® TM5/TM6).
As a direct sales organisation, Vorwerk maintains a close relationship with Thermomix® advisers and customers. Consequently, the Wuppertal-based family-owned company is able to identify rare areas of concern that may impair the use of the Thermomix® very early on.
We have observed a few cases from the market in which a problem has arisen during the use of the Thermomix®. In rare cases – partly also in connection with an overfilling of the mixing bowl – an application problem may occur with certain recipes.
On the Thermomix® TM6, the standard, fixed measuring cup is designed so that sufficient steam from the mixing bowl can escape at the edges when cooking or simmering. However, during the cooking process or when following certain recipes, ingredients can float to the top, become compressed and prevent steam from escaping. Consequently, in extremely rare cases, increased pressure can build up in the mixing bowl during cooking or simmering, which can lead to a sudden and uncontrolled spillage of hot food, which in single cases can cause scalding or burns.
The likelihood of such an occurrence increases if the recommended filling level of the food is exceeded. This also applies in cases where a measuring cup of the TM6 that fits tightly in the lid is used at predecessor models.
Vorwerk traditionally maintains the highest safety standards for all Thermomix® customers. The strict policy is to react proactively and with foresight, in order to avoid possible adverse effects for our customers. Therefore, Vorwerk has decided to issue a public warning for this potential problem as a precautionary measure. As a direct sales organisation, we know our Thermomix® customers and will quickly supply them with information as part of an extensive information campaign in addition to the instructions and safety information already provided.
Important Safety Notice:
For cooking (simmering) at temperatures of 95°C or above (200°F), the simmering basket should always be used instead of the TM6 measuring cup, as the TM6 measuring cup fits tightly in the lid. The simmering basket rests loosely on top, is steam-permeable, and also prevents food spatter from the mixing bowl. This is a simple but necessary measure that will hardly affect the cooking experience – but can prevent this potential problem from occurring.
The recipes available in "Guided Cooking" have already been adapted accordingly, so that our Thermomix® customers are actively and visibly informed of its correct use. In addition, a corresponding software update has been implemented for the Thermomix® TM6, which displays the relevant information on the appliance to all customers. Customers shall accept the software update provided on their appliance.
With these measures, Vorwerk has ensured that there will be no further impairment due to this application problem.
Further information on this topic can be found at https://www.thermomix.com/thermomix-safety-instructions/
ABOUT VORWERK ENGINEERING GMBH & CO. KG
Vorwerk Engineering GmbH & Co. KG develops and manufactures the products of the Vorwerk Home divisions with its company-owned group of factories. The largest production site is in Wuppertal with more than 1,150 employees. Research & Development is also concentrated here. The innovation potential is also reflected in the approximately 100 new inventions per year for which Vorwerk applies for industrial property rights.
Publication free of charge – Specimen copy requested
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SOURCE Vorwerk | https://www.kxii.com/prnewswire/2022/08/23/precautionary-application-warning-thermomix-important-safety-notice/ | 2022-08-23T15:17:55Z |
Nearly 350 contributors from businesses, community nonprofits, hospitals, and public health agencies nationwide provide insights about the state of stewardship values, priorities, and practices
View the report on ReThink Health's interactive microsite
MORRISTOWN, N.J. , May 12, 2022 /PRNewswire/ -- The Rippel Foundation's ReThink Health initiative today published the 2021 Pulse Check on Shared Stewardship for Thriving Together Across America, the first and only nationwide survey to examine stewardship values, priorities, and practices. Findings reveal the extent to which individuals and organizations in pivotal positions are thinking and acting like stewards of an equitable, thriving future.
Fielded from October 2020 to July 2021, during the height of the COVID-19 pandemic, the survey provides rare and timely insights about what changemakers across the country think it takes to thrive together during a time of significant threat and opportunity.
Stewards are people and organizations who work together to create conditions that everyone needs to thrive, beginning with those who are struggling and suffering. Shared stewardship is not a new idea, but it has yet to become a common practice. Instead, siloed services, short-sighted investments, and band-aid solutions are often the norm, creating barriers to lasting systemic change. It is through shared stewardship that individuals, organizations, and communities can work in coordination to expand the vital conditions needed for health and well-being, including basic needs for health and safety, humane housing, opportunities for meaningful work and lifelong learning, a healthy environment, and, central to all of these, a strong sense of belonging and civic muscle.
The Pulse Check was led by ReThink Health, in partnership with the RAND Corporation, with funding from the Robert Wood Johnson Foundation and Rippel. It reflects perspectives from 348 contributors across eight organization types (including city and county public health departments, hospitals, business associations, and nonprofit organizations focused on the environment, food, housing, faith and social justice, as well as multisector partnerships), selected from a nationally representative sample of places across the country.
Overall, the findings show a notable, though still incomplete, nationwide commitment to create an equitable system for health and well-being. About a third of the contributors stand out as relatively stronger stewards, and the remaining two-thirds can significantly strengthen their stewardship stance through greater consistency in their values, priorities, and practices. (Read about the stewardship diffusion score for a more detailed explanation.)
"Stewardship is a simple concept that has been around for generations, one that is broader than leadership or governance. To advance the north star goal of everyone thriving together with no exceptions, we have to work together in very different ways. Stewardship is about just that—thinking and acting in ways that will create thriving, equitable communities for our children, grandchildren, and generations to come," said Pulse Check co-author Jane Erickson, Director of Learning and Impact at the Rippel Foundation and ReThink Health.
Report Highlights:
- The vast majority of participants see the multiple crises of 2020 as catalysts for system change. Across sectors, fewer than 10% of respondents said that their hope is that there would be a return to "business as usual," while more than 90% said their hopes are for "major changes in America's system of economic, racial or social priorities" or "improving projects and programs to fulfill unmet needs."
- But, the Pulse Check revealed a significant disconnect: While most contributors (73%) see the multiple crises of 2020-2021 as an opportunity for serious, systemic change, a much smaller fraction (26%) say that system change is their organization's most important goal—reflecting a large gap between aspirations and concrete action.
- 44% of respondent's highest priorities for investment and action focused on expanding long-term vital conditions, compared to 32% for urgent services, even during a time of national crisis with increased adversity and acute needs.
- 94% agree that working collaboratively is the best way for their organizations to achieve maximum impact, versus going it alone. Yet, only 38% view working relationships as highly effective across organizations in their community.
- A majority of respondents (82%) cited a lack of financial resources as the major barrier to advancing equitable well-being in their communities. Erickson notes, "While resource constraints are real for many organizations, efforts to get more money often come at the expense of investing existing resources more equitably or effectively. A scarcity mindset is common across sectors; fortunately, nearly half of the Pulse Check contributors say that outcomes can be improved by using existing resources more creatively."
"It is heartening to see such strong affirmation of core stewardship ideals," said Pulse Check co-author Bobby Milstein, Director of System Strategy at the Rippel Foundation and ReThink Health. "However, these espoused ideals stand in contrast to the daily lived reality in communities across America, one that is often marked by extreme individualism and organizational fragmentation, by feelings of powerlessness, and by a scramble for scarce resources alongside escalating wealth inequality. Stewardship is rooted in the understanding that purpose needs to be larger than yourself, power should be shared, and resources should be invested to ensure that everyone can thrive together. For communities to thrive, stewardship must fully take hold in our heads, hearts, and hands. Savvy stewards can and must work together across typical boundaries to design a system that will create a better, more equitable America."
About The Rippel Foundation's ReThink Health Initiative
ReThink Health is the flagship initiative of The Rippel Foundation, which is dedicated to fostering equitable health and well-being for all. ReThink Health discovers and shares what it takes to thrive together through shared stewardship and continually explores how to achieve equitable system change in real-world settings. Together with partners and co-investors, ReThink Health works with health care organizations, foundations, corporations, government institutions, and change agents throughout the United States to guide thinking and action that inspire innovative system transformation and to promote shared stewardship as a rising norm. For more information, visit www.rippel.org.
Contact:
Rajath Vikram, rajath@anatgerstein.com, 347-925-0101
Lynsey Billet, lynsey@anatgerstein.com, 347-361-8449
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SOURCE Rippel Foundation | https://www.wibw.com/prnewswire/2022/05/12/rethink-health-publishes-first-ever-pulse-check-survey-state-shared-stewardship-thriving-together/ | 2022-05-12T21:23:50Z |
It may not have been a mountain of pirate treasure, but archaeologists have discovered remnants of a centuries-old shipwreck that they believe inspired the movie "The Goonies."
A team of volunteers unearthed over 20 pieces of wood in a cave off the Oregon coast in June. It turned out to be wreckage from a Spanish galleon called the Santo Cristo de Burgos, also known as the Beeswax Wreck.
After the vessel capsized in 1693, locals found pieces of cargo washed ashore -- including chunks of beeswax, giving the wreck its name, said Scott Williams, president of the Maritime Archaeological Society, an Oregon-based organization that worked on the excavation of the wreck.
An Oregon local was searching for agate gemstones along the coast when he discovered some of the timber a few years ago, Williams said. The resident said he had heard stories of the Beeswax Wreck since he was a child, which led him to believe the beams were more than driftwood, Williams added.
It took nearly two years to organize a team to excavate the remaining known timbers, between delays caused by the Covid-19 pandemic and the time it took to secure the correct permits, he said.
The team found the timbers in a rocky area at the base of sea cliffs that were only exposed at very low tides, Williams said. This meant there was only a small window of time when the wood could be safely retrieved.
Based on their size and shape, Williams' team thinks the pieces made up parts of the ship's lower hull, such as the ribs or supports, as well as the upper hull's decking.
A shipwreck for the silver screen
Researchers believe the timbers came from the Santo Cristo de Burgos that capsized near Astoria, Oregon, while sailing from the Philippines to Acapulco, Mexico. Countless explorers and settlers in the region wrote of the wreck and the cargo pieces they had discovered in the centuries that followed, Williams said.
While the Beeswax Wreck may not be overflowing with gold, there are many similarities between it and the ship from "The Goonies," Williams said, given its location on the Oregon coast and the mystery surrounding its fate.
Steven Spielberg may have gotten inspiration from these stories to write and produce the classic film "The Goonies." The 1985 movie follows a group of teenagers in Astoria who embark on an expedition to find a long-lost pirate's treasure they believe is hidden along the Oregon coast.
CNN reached out to Amblin Entertainment, Inc., Steven Spielberg's production company, about the discovery, but Amblin representatives have not responded for comment.
The timbers are being analyzed at the curation facility of the Columbia River Maritime Museum in Astoria, Williams said.
His team hopes to publish additional details on the discovery in a scientific journal to aid in future research. They will also be looking for more parts of the wreck using magnetometers and sonar, Williams said.
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accounts, the history behind an article. | https://www.albanyherald.com/news/timbers-from-a-shipwreck-said-to-have-inspired-the-goonies-found-off-oregon-coast/article_7b59a990-4a87-5fb3-a134-4e181caf35f7.html | 2022-07-26T20:41:50Z |
PHILADELPHIA, April 11, 2022 /PRNewswire/ -- Rx-360 released the third episode of The Patient Safety Podcast, featuring Ron Piervincenzi, Ph.D., CEO of the United States Pharmacopeia (USP). Jim Fries, CEO of Rx-360, leads the conversation and covers Piervincenzi's time at USP, the company's 200-year history of developing standards, and the way those standards were put to the test during the Covid-19 pandemic.
Piervincenzi unpacked the evolution of quality control in the U.S. pharmaceutical industry from the 1800s to present day. Before USP was founded in 1820, the industry lacked a unified standard for quality control in pharmaceuticals. Since then, USP has established over seven thousand standards for the pharmaceutical industry.
"Over 200 years, USP's standards have evolved to ensure that the medicine that reaches the patient is the quality it's supposed to be. That's why there are over seven thousand standards to cover the drug supply and different stages of the supply chain. To me, the supply chain doesn't end until it's at the affected place in the body," said Piervincenzi.
The conversation also covered USP maintaining standards and best practices during the pandemic, including how USP's quality checks were tested in an environment that needed the same quality, but at exponential speeds.
"How did we keep up? We moved 10 to 50 times faster. We recreated processes but did not change any of our standards. Because our standards are the law, we had to be rigorous. So, when the pandemic comes in, we have to be able to turn around a standard over a 48-hour period," said Piervincenzi.
The podcast highlights how innovation forms under pressure, and how discovering new ways to foster innovation in the supply chain can help to keep patients safe.
Rx-360 is a non-profit international pharmaceutical supply chain consortium formed in 2009 to support an industry-wide commitment to ensuring patient safety by enhancing quality and authenticity throughout the supply chain. The organization's mission is to protect patient safety by sharing information and developing processes related to the integrity of the healthcare supply chain and the quality of its materials primarily through its working group and unique audit program. To learn more visit Rx-360.org or email jfries@rx-360.org
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SOURCE Rx-360 | https://www.kxii.com/prnewswire/2022/04/11/rx-360-patient-safety-podcast-interview-with-usp-ceo-ron-piervincenzi-phd/ | 2022-04-11T17:50:57Z |
TAIPEI, July 29, 2022 /PRNewswire/ -- RT Stream International ("RT Stream" or "the Company"), a leading Taiwan-based company dedicated to developing security video technology for frontline professionals, has been named CES 2022 Innovation Awards Honoree in Wearable Technologies product category for its the outstanding design and innovative engineering. RT Stream's award winning F01 series Body-Worn Camera, along with Mobile Emergency Response System (MERS) will be showcased at 2022 CES.
Technology to provide a peace of mind
Available in 4G and 5G models, RTS F series® Body-Worn Camera is designed and built to withstand some of the toughest working environments, giving frontline workers peace of mind when they are carrying out military operations, firefighting, police investigations, field inspection, and more. Developed with security and versatility in mind, the all-in-one device offers maximum functionality in a compact structure that helps the user to save lives, make accurate and faster decisions in high-risk emergency situations that require rapid deployment and remote collaboration.
Working in tandem with RT Stream's proprietary MERS, iCommander Cloud Server platform, to provide operators with valuable real-time information, RTS F series® comes with a host of features that include video streaming, many-to-many communication, GPS, Wi-Fi connectivity, location-based tracking, and multi-alarms, takings body camera technology to the next level. Powered by Artificial Intelligence, the camera is equipped with algorithms that support car plate and facial recognition.
"Designed and manufactured in Taiwan, RTS F series® 4G/5G Body Worn Camera is an all-in-one device that combines a digital camera, walkie-talkie, locator, safety alert, and 5G router to provide 4-in-1 real-time features. With its M01 portable mesh base station, it ensures excellent mobile connectivity in all locations, even in the areas with poor 4G or 5G network coverage," said Eric Chang, CEO of RT Stream International.
Chang added the brand's MERS iCommander Cloud Server is another revolutionary technology for tracking moving objects, capable of managing the real-time video, sound monitoring, many-to-many talk, positioning information, task management, video/audio record and playback.
According to RT Stream, this industry-leading mobile solution can be deployed in a wide variety of operations involving military personnel, police officers, firefighters, security guards, as well as in all sorts of unmanned venues that need 24/7 monitoring such as factories, highways, railways, telecom stations and power plants. This has been verified by Taiwanese forces including the fire services bureaus.
"RTS F series® 4G/5G Body Worn Camera is state-of-the-art tool that not only offers us outstanding video and audio recording that makes operations more efficient, but also gives our frontline worker layers of safety. Since the system was put online two weeks ago, we have also already saved many lives in our rescue operations," said Chief of Hualien County Fire Bureau-Rescue Section.
For more information, please visit https://www.rtstream.com/en/, or follow RT Stream International's Facebook page.
About RT Stream International
Established in 2015, RT Stream International is led by a team of 20 electronic engineers and designers with years of development experience in security video technologies.
With its commitment to the development of wearable 4G/5G mobile audio-visual equipment (4G Body Worn Camera), thermal imaging camera series, cloud platform for audio, video, alarm, and image intelligent analysis AI algorithm for overall solutions, RT Stream International take the lead in this industry by launching the total solution integrated with mobile video audio and alarm system that can be deployed in military, police, firefighting, security operations, as well as high-tech industries, traditional industries, and power rooms.
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SOURCE RT Stream International | https://www.kxii.com/prnewswire/2022/07/29/rt-stream-international-honored-its-body-worn-camera-mobile-emergency-response-system-taiwan-tech-arena-pavilion/ | 2022-07-29T07:15:03Z |
One injured in Topeka apartment fire
Published: May. 4, 2022 at 3:11 PM CDT|Updated: 23 minutes ago
TOPEKA, Kan. (WIBW) - One person was injured in a Topeka apartment fire Wednesday afternoon near 29th and Gage Blvd.
Topeka Fire Department’s Alan Stahl says crews were called to 3521 SWS 29th St. around 2:15 p.m.
When they arrived, smoke and flames were coming from a lower unit in Building F.
Stahl says the fire stared in a lower unit and spread to the apartment directly above it.
One person was injured, however, it did not appear those injuries were serious. Everyone was able to self evacuate.
This is a developing story.
The cause is under investigation.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/04/one-injured-topeka-apartment-fire/ | 2022-05-04T20:36:23Z |
PETAH TIKVAH, Israel, July 12, 2022 /PRNewswire/ -- SaverOne 2014 Ltd. (Nasdaq: SVRE) (TASE: SVRE), a technology company engaged in transportation safety solutions, today announced the appointment of Israel Eybi as SaverOne's Chief Marketing and Sales Officer. This appointment is a key step in SaverOne's strategy for investing in increased market penetration in international as well as local markets.
Mr. Eybi brings over 25 years of experience with proven success in building and leading business plans and strategies, to increase profitability particularly in the IoT (Internet of Things) field that focus on innovative automotive solutions. Prior to SaverOne, Mr. Eybi was Business Development Executive at 4Cast during 2021 and Chief Customer Officer (CCO) at Israel's main telephony group, Bezeq from 2019 to 2021, and prior to that with leading Israeli mobile operator Pelephone from 2006, most recently as their CCO. Prior to that Mr. Eybi served in sales roles with other telecommunications companies including Avaya, Cellcom and Eurocom.
In his role as CCO of Pelephone, Mr. Eybi was responsible for the business development of the connected vehicle B2B business for customers including services for fleet management. Mr. Eybi led Pelephone to become Israel's leading player in the IoT field, especially in the automotive segment, with a market leading share of several hundred thousand connected vehicles.
Mr. Eybi holds a Bachelor of Business Administration from the University of Lincoln and an MA in Marketing from the University of Derby.
Mr. Gilboa, CEO of SaverOne commented, "We wholeheartedly welcome Israel to the SaverOne team and looking forward to his leading our marketing strategy in the next stage of our company's growth. Israel brings us many years of key relevant and solid experience in cellular IoT-automotive segments. Israel has demonstrated success in building and supporting customer growth and acquisition strategies, and growing market share. We are confident that he will be instrumental in building our network of global partners for SaverOne, expanding our sales into European and US markets, as well as others globally, substantiating SaverOne as an innovative and significant factor in the global automotive safety arena. I expect he will prove to be a very valuable asset in advancing our growth strategy."
About SaverOne
SaverOne is a technology company engaged in the design, development and commercialization of transportation safety solutions designed to save lives by preventing car accidents resulting from the use of mobile phones while driving. Our SaverOne system provides an advanced driver safety solution that can identify and monitor mobile phones located in the driver's vicinity and selectively block use of life-threatening applications.
Learn more at https://saver.one/.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act and other securities laws that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on SaverOne's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Many factors could cause SaverOne's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements. Factors that could cause our actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the ability of our technology to substantially improve the safety of drivers; our planned level of revenues and capital expenditures; our ability to market and sell our products; our plans to continue to invest in research and development to develop technology for both existing and new products; our intention to advance our technologies and commercialization efforts; our intention to use local distributors in each country or region that we will conduct business to distribute our products or technology; our plan to seek patent, trademark and other intellectual property rights for our products and technologies in the United States and internationally, as well as our ability to maintain and protect the validity of our currently held intellectual property rights; our expectations regarding future changes in our cost of revenues and our operating expenses; our expectations regarding our tax classifications; interpretations of current laws and the passage of future laws; acceptance of our business model by investors; the ability to correctly identify and enter new markets; the impact of competition and new technologies; general market, political and economic conditions in the countries in which we operate; projected capital expenditures and liquidity; our intention to retain key employees, and our belief that we maintain good relations with all of our employees; the impact of the COVID-19 pandemic, and resulting government actions on us; and other risks and uncertainties, including those listed in the section titled "Risk Factors" in the final prospectus on Form 424b4 filed with the Securities and Exchange Commission on June 6, 2022. Forward-looking statements contained in this announcement are made as of this date, and SaverOne undertakes no duty to update such information except as required under applicable law.
International Investor Relations Contact:
Ehud Helft
+1 212 378 8040
saverone@gkir.com
Israeli Investors Contact:
Jonathan Eilat
John@theinvestor.co.il
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SOURCE SaverOne | https://www.kxii.com/prnewswire/2022/07/12/saverone-advances-its-global-marketing-strategy-by-appointing-israel-eybi-chief-marketing-officer/ | 2022-07-12T14:18:41Z |
NEW YORK, Aug. 1, 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:
Infrastructure & Energy Alternatives, Inc. (NASDAQ: IEA)'s sale to MasTec for $10.50 per share in cash and 0.0483 of a MasTec share for each IEA share. If you are an IEA shareholder, click here to learn more about your rights and options.
Zymergen Inc. (NASDAQ: ZY)'s sale to Ginkgo Bioworks for 0.9179 Ginkgo shares for each Zymergen share. If you are a Zymergen shareholder, click here to learn more about your rights and options.
RealNetworks, Inc. (NASDAQ: RNWK)'s sale to the Company's founder, Chairman and CEO, Robert D. Glaser, for $0.73 per share. If you are a RealNetworks 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/2022/08/01/shareholder-investigation-notice-halper-sadeh-llp-investigates-iea-zy-rnwk/ | 2022-08-01T14:07:30Z |
DALLAS, Sept. 15, 2022 /PRNewswire/ -- Wingstop (NASDAQ: WING) today announced the appointment of Craig Sherwood as its SVP of U.S. Development. Craig will lead domestic development and focus on executing Wingstop's domestic development playbook through new and existing franchisees as the brand scales its U.S. footprint.
"I'm excited for Craig to join the brand at such a pivotal time as we look to scale our 1,600+ restaurants base to 4,000 plus across the country," said Michael Skipworth, Wingstop President and CEO. "With an average unit volume of $1.6 million and our industry leading unit economics, our franchisees continue to reinvest in Wingstop and position us with a strong domestic pipeline fueling development growth for Wingstop. We have a great deal of white space across the country, and Craig's leadership and experience of domestic franchised development make him an incredible asset for our brand."
Craig previously served as the VP of U.S. Development at Little Caesars Enterprises Inc. where he oversaw all aspects of domestic franchise development, real estate and construction. He also served as the Chief Development Officer at Gold's Gym and held various development-focused roles at other franchised brands including Sonic Drive-In and Yum! Brands.
Wingstop's compelling business model provides industry-leading returns for its franchisees and has fueled record development for the brand in 2022, opening a record 127 net new units for the first half of 2022, and has a target of 7,000 plus restaurants globally.
For information on franchising a Wingstop, click here.
Founded in 1994 and headquartered in Dallas, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises more than 1,850 locations worldwide. The Wing Experts are dedicated to Serving the World Flavor through an unparalleled guest experience and use of a best-in-class technology platform, all while offering classic and boneless wings and tenders, always cooked to order and hand sauced-and-tossed in fans' choice of the brand's bold, distinctive flavors. Wingstop's menu also features signature sides including fresh-cut, seasoned fries and freshly-made ranch and bleu cheese dips.
In fiscal year 2021, Wingstop's system-wide sales increased 20.2% year-over-year to approximately $2.3 billion, marking the 18th consecutive year of same store sales growth. With a vision of becoming a Top 10 Global Restaurant Brand, our system is comprised of independent franchisees, or brand partners, who account for approximately 98% of Wingstop's total restaurant count of 1,858 as of June 25, 2022.
A key to this business success and consumer fandom stems from The Wingstop Way, which includes a core value system of being Authentic, Entrepreneurial, Service-minded, and Fun. The Wingstop Way extends to the brand's environmental, social and governance platform as Wingstop seeks to provide value to all stakeholders.
Rounding out a strong year in 2021, the Company was ranked #1 on Technomic 500's "Fastest Growing Franchise" and #22 on Entrepreneur Magazine's "Franchise 500," maintained its certification as a Great Place to Work, was named as a finalist for The Innovation SABRE Award's Best New Product/Brand Launch category for its Thighstop campaign, and named to Fast Company's "The World's Most Innovative Companies" list ranking #4 in the dining category.
For more information visit www.wingstop.com or www.wingstop.com/own-a-wingstop and follow @Wingstop on Twitter, Instagram, Facebook, and TikTok. Learn more about Wingstop's involvement in its local communities at www.wingstopcharities.org.
Media Contact
Megan Sprague
Media@wingstop.com
Click here for media assets
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SOURCE Wingstop Restaurants Inc. | https://www.kxii.com/prnewswire/2022/09/15/wingstop-names-craig-sherwood-svp-us-development/ | 2022-09-15T21:01:15Z |
YARDLEY, Pa., Aug. 22, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has published its 2021 Sustainability Report to share progress against its dedicated Twentyby30 sustainability strategy and other key environmental, social and governance (ESG) achievements during fiscal years 2019 through 2021. Launched in 2020, Crown's comprehensive Twentyby30 program includes 20 measurable sustainability goals to be completed by or before the end of 2030, all set against a 2019 baseline. The program includes five distinct pillars of action – Climate Action, Resource Efficiency, Optimum Circularity, Working Together and Never Compromise – which are supported by the Company's robust governance and ethics principles and practices.
"We are incredibly proud of the progress we have made one year into the implementation of our Twentyby30 program," said John Rost, Ph.D., Vice President, Global Sustainability and Regulatory Affairs at Crown. "Our strategy focuses on several key issues including emissions reduction, product lifecycle and recyclability to slow the pace of climate change, transitioning to renewable electricity, prioritizing water preservation, enhancing employee and product safety, and increasing workforce diversity. We are mindful that sustainability is not a linear journey and remain committed to continuous process and product innovation and exploring how we can accelerate progress by collaborating with our customers, suppliers and the industry at large."
Some of the tangible advances made by the Company toward its Twentyby30 program goals (as of December 31, 2021) include:
The report is available on the sustainability section of Crown's website and has been prepared in accordance with the Global Reporting Initiative (GRI) Core Standard and adheres to the Ten Principles of the United Nations Global Compact (UNGC), which Crown recently signed onto as a participant. The report also maps Crown's progress to indicators defined by the Sustainability Accounting Standards Board (SASB) Containers & Packaging standard and key United Nations Sustainable Development Goals (SDGs). The Company's climate reporting also follows the guidelines of the Task Force on Climate-Related Financial Disclosures (TCFD). The 2021 report includes the Company's GRI index as well as its SASB and TCFD disclosures.
Crown's 2021 Sustainability Report received independent assurance from Lucideon CICS Limited related to its total 2021 data for GHG emissions (Scope 1, 2 and 3 categories) and 2021 water usage data. Lucideon also provided GRI verification to the GRI Core Index, Limited Verification.
About Crown Holdings, Inc.
Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Yardley, Pennsylvania. For more information, visit www.crowncork.com.
For more information, contact sustainability@crowncork.com
For editorial inquiries: Emily Hogan, Senior Account Executive, FINN Partners; Tel: +1 630 248 5232; Email: emily.hogan@finnpartners.com
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SOURCE Crown Holdings, Inc. | https://www.wibw.com/prnewswire/2022/08/22/crowns-new-sustainability-report-emphasizes-forward-momentum-toward-achieving-twentyby30-goals/ | 2022-08-22T20:48:13Z |
Launches new line of gifting products featuring popular cookie bars
ATLANTA, June 28, 2022 /PRNewswire/ -- Edible® and TWIX® are teaming up to encourage people to 'pause for sweetness' through a new partnership. The two brands recently announced this collaboration that features Edible releasing an extensive line of gifts and goodies made with TWIX® Cookie Bars. The new line will be available for a limited time and includes fruit bouquets, cakes, cookies, brownies, cheesecakes and more. This is the first time that Edible has collaborated with another food brand to do a full product integration into the Edible line of products.
"We believe that every day is an opportunity to enjoy a treat for yourself or show appreciation for others with the surprise of an Edible product. We're taking 'sharing sweetness' to the next level with our TWIX® partnership," said Angela Johnson, VP of Innovation and Merchandising for Edible Brands. "Over the years, we've grown our company to offer more than just fruit arrangements. Teaming up with TWIX® has allowed us to produce some fun and unique gifts and products that we're sure our customers will enjoy."
The collaboration with TWIX® is the first of Edible's "share sweet today" product partnerships- featuring a full product integration into the Edible line. Highlights from this inaugural mashup include the Chocolate Fruit Bouquet, Chocolate Cake, Premium Cookies, Cheesecake, and Brownie that are all made with TWIX® Cookie Bars, a few with an added twist of salted caramel sweetness.
The Edible x TWIX® lineup also includes gift bundles, treat boxes, fruit samplers, dessert platters, and more. It boasts various product categories and price points for guests to choose.
"It's such an honor to partner with this classic brand, who shares our passion for sweetness, and we're thrilled to share these delicious new offerings with our customers," added Johnson. "We're providing even more reasons to be sweet today."
Edible pioneered the edible fresh fruit arrangement and now offers fresh fruit smoothies, fresh produce boxes and baked goods both online and at over 1,000 Edible locations worldwide. For more information or to explore the selection of treats made with TWIX® Bars, visit www.edible.com.
About Edible Brands®
Edible Brands is the parent company of Edible®, the world's largest franchisor of stores offering fresh fruit snacks, dipped treats, and fruit arrangements with over 1,000 locations worldwide. Since its founding in 1999, the company has been recognized as an industry leader, ranking first in its category in Entrepreneur magazine's annual "Franchise 500," Entrepreneur's Top 40 of "Fastest Growing Franchises'' and "America's Top Global Franchises" as well as being included among the "Inc. 5000" list of the fastest growing privately-held companies. Edible's fresh fruit arrangements, chocolate Dipped Fruit®, fresh fruit smoothies, fresh produce boxes and other treats can be ordered through any local Edible store or online at edible.com. Edible has franchise opportunities available in a number of key markets in the United States and Canada. For more information about owning an Edible please visit ediblefranchise.com.
About Mars, Incorporated
For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This idea is at the center of who we have always been as a global, family-owned business. Today, Mars is transforming, innovating, and evolving in ways that affirm our commitment to making a positive impact on the world around us.
Across our diverse and expanding portfolio of confectionery, food, and pet care products and services, we employ 133,000 dedicated Associates who are all moving in the same direction: forward. With $40 billion in annual sales, we produce some of the world's best-loved brands including DOVE®, EXTRA®, M&M's®, MILKY WAY®, SNICKERS®, TWIX®, ORBIT®, PEDIGREE®, ROYAL CANIN®, SKITTLES®, BEN'S ORIGINAL™, WHISKAS®, COCOAVIA®, and 5™; and take care of half of the world's pets through our pet health services AniCura, Banfield Pet Hospitals™, BluePearl®, Linnaeus, Pet Partners™, and VCA™.
We know we can only be truly successful if our partners and the communities in which we operate prosper as well. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency, and Freedom – inspire our Associates to take action every day to help create a world tomorrow in which the planet, its people, and pets can thrive.
For more information about Mars, please visit www.mars.com. Join us on Facebook, Twitter, Instagram, LinkedIn and YouTube.
IMAGES: EDIBLE x TWIX® products
MEDIA CONTACT:
media@edible.com
786.605.9228
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SOURCE Edible Brands | https://www.kxii.com/prnewswire/2022/06/28/edible-announces-sweet-partnership-with-twix/ | 2022-06-28T13:28:19Z |
READING, Penn., July 8, 2022 /PRNewswire/ -- Quaker Maid Meats (QMM) is honored to celebrate the life of Stanley J. Szortyka, our company's founder, who passed away on July 1, 2022. Under Stanley's leadership, Quaker Maid Meats has become the largest frozen retail sandwich steak producer in the country, which includes the iconic Steak-umm brand.
Born in Pringle, Penn. in 1927 to Polish immigrants, growing up in a coal mining town was a hard and difficult life which Stanley vowed to escape. After serving in World War II, he returned to Pringle to work at French Steak Co., where he developed a passion for the meat business. After starting a family of his own, Stanley founded QMM in 1960 and was responsible for the full scope of the business, leading production, sales, company growth and more.
Stanley was a tough but compassionate man who never wanted to "make money off the sweat of another man's back." This mantra was instilled in his children, who are still fully involved in the operation of QMM along with an exceptional management team.
Stanley's business legacy includes three plants and the largest frozen sandwich steak production in the country. His memory will serve as an inspiration to his family, colleagues, and business partners who loved and respected him.
Media Contact:
Laura Mansfield, APR
Tombras
lmansfield@tombras.com
865.599.9968
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SOURCE Quaker Maid Meats | https://www.wibw.com/prnewswire/2022/07/08/memoriam-stanley-j-szortyka/ | 2022-07-08T20:54:00Z |
RALEIGH, N.C., Aug. 18, 2022 /PRNewswire/ -- SilverSky, a cybersecurity innovator offering powerful managed detection and response (MDR) services, today announced that president Jason McGinnis was recognized as an Executive of the Year in the 19th Annual International Business Awards.
Receiving a bronze Stevie Award in the computer services category, McGinnis was recognized for his leadership and commitment to offering a uniquely powerful mixture of cybersecurity innovations as well as unmatched customer service around the world. McGinnis has played a lengthy role in furthering the company's international growth as well its stance as a cost-effective yet military-grade provider of proven security services.
The International Business Awards are the world's premier business awards program. Stevie Award winners were determined by the average scores of more than 300 executives worldwide who participated in the judging process in June and July.
All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small - are eligible to submit nominations. The 2022 IBAs received entries from organizations in 67 nations and territories. Winners will be celebrated during a gala banquet at the InterContinental London Park Lane Hotel, in London, England, on Saturday, 15 October – the first live IBA awards ceremony since 2019.
"We're thrilled that we're able to return to celebrating Stevie winners in person this year," said Stevie Awards president Maggie Miller. "This year's class of honorees are as innovative, adventuresome, persistent, and successful as we've ever had. We look forward to celebrating their achievements with them during our 15 October awards banquet in London."
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.
About SilverSky
Organizations of all sizes face the same cybersecurity threats, compliance mandates, and business risk as Fortune 500 companies. SilverSky levels the playing field and enables companies, regardless of their size, to access enterprise-grade cybersecurity to meet regulatory requirements, proactively respond to threats, and rapidly reduce risk. SilverSky offers one of the most comprehensive managed detection and response (MDR) solutions in the industry. Delivered as a managed services model, SilverSky MDR makes powerful cybersecurity simple, affordable, and accessible to organizations of all sizes and across industries. Customer environments are monitored 24x7x365 by highly skilled security operations analysts in SilverSky SOCs, which were developed based on military-grade security and are powered by the latest integrated technology. SilverSky has more than 20 years of operational cybersecurity success defending thousands of customers in some of the most demanding industry sectors. Visit www.silversky.com.
Company Contacts:
Clark Easterling
Vice President, Marketing
SilverSky
ceasterling@silversky.com
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SOURCE SilverSky | https://www.kxii.com/prnewswire/2022/08/18/silversky-president-jason-mcginnis-named-an-executive-year-2022-international-business-awards/ | 2022-08-18T11:51:40Z |
Voted #1 Top Litigation Valuation Firm, #2 for Forensic Accounting and Expert Witness Services
LOS ANGELES, June 23, 2022 /PRNewswire/ -- B. Riley Financial (NASDAQ: RILY) today announced B. Riley Advisory Services' recognition as a top provider for litigation valuation and forensic accounting in the "Best Of 2022" survey conducted by the Daily Report (Law.com).
B. Riley Advisory Services was voted first-place as the #1 "Top Litigation Valuation Firm" for 2022, and ranked #2 in multiple categories including "Forensic Accounting Firm" and "Overall Expert Witness Services." B. Riley's J. Michael Issa was also named #2 in the "Individual Expert Witness (Economic)" category.
Ian Ratner, co-CEO of B. Riley Advisory Services and "Top Individual Expert Witness" honoree in 2021, commented: "We are extremely proud and honored to receive continued recognition from our peers across the legal community. These accolades for leadership in litigation valuation and forensic accounting are a direct testimony to the high-quality caliber of our dedicated professionals and B. Riley's unwavering commitment to deliver for our clients and partners."
The annual "Best Of" ranking was developed to help lawyers identify the finest legal products and service providers by showcasing businesses that stand out among their competitors. Each year, a ballot is crafted with categories for lawyers and firm administrators to cast their votes on several areas critical to practicing law.
B. Riley Advisory Services has earned Hall of Fame status for consistently receiving the highest ranks in the annual survey since 2017.
B. Riley Advisory Services is a financial consulting and valuation firm that works with law firms, lenders, private equity sponsors, and companies of all types on business challenges such as planning and executing a major acquisition or divestiture, pursuing a fraud investigation or corporate litigation, or managing through a business crisis or bankruptcy. The firm offers a unique mix of appraisal services including asset-based lending (ABL) valuations, restructuring and turnaround management, forensic accounting and litigation support, and transaction support services including due diligence and quality of earnings reviews. The firm is a subsidiary of B. Riley Financial.
B. Riley Financial is a diversified financial services platform that delivers tailored solutions to meet the strategic, operational, and capital needs of its clients and partners. Through its affiliated subsidiaries, B. Riley provides end-to-end, collaborative financial services across investment banking, institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction, and liquidation services. For more information, please visit www.brileyfin.com and follow us on LinkedIn and Twitter.
Media Contact
Jo Anne McCusker
B. Riley Financial
press@brileyfin.com
(646) 885-5425
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SOURCE B. Riley Financial | https://www.kxii.com/prnewswire/2022/06/23/b-riley-earns-top-honors-litigation-valuation-forensic-accounting-best-2022-survey-by-daily-report-lawcom/ | 2022-06-23T13:06:34Z |
Which is the best 12V ride-on toy?
Twelve-volt ride-on toys are battery-powered miniature versions of full-size vehicles for kids to ride on. They have metal frames and plastic bodies and are offered in your choice of luxury cars, off road vehicles, ATVs, quads, trucks, Jeeps, tractors and more. Most 12V ride-on toys are made for one, but some are built for a driver and passenger to ride side-by-side.
If you are looking for a side-by-side ride-on toy with a 130-pound carrying capacity, take a look at the Peg Perego Polaris RZR 900 Camo. Parents love the top speed lockout that limits the vehicle’s speed until kids have learned to operate it safely.
What to know before you buy a 12V ride-on toy
The V stands for volts, a measure of a battery’s electric power. Batteries drive the motors in kids’ ride-on cars and come in one of three strengths. The greater the number of volts, the faster the electric car will go and the longer the battery will hold a charge.
Volts
6V batteries are able to drive kids’ ride-on vehicles at speeds of 2-3 miles per hour. Ride-on toys powered by 6V batteries do not have enough power to handle hills and slopes and so are best for use indoors by children ages 1-3.
12V batteries have more power and are able to propel ride-on toys at speeds of 4 or 5 mph. Cars powered by 12V batteries are excellent choices for outdoor use and well suited for kids from 3-6 years old.
24V batteries are the largest that come in kids’ ride-on toys. With their greater power and higher speeds, 24V ride-on toys are the choice for kids ages 6 or older.
Run time
Manufacturers will tell you how long your ride-on toy can run on a single battery charge. A fully charged 12V battery will power your ride-on toy for anywhere from one to two hours, depending on the quality of your battery and how you use your ride-on toy. That time, called the operating range, is affected by how much power you use. When you operate a ride-on toy that has lights, a horn, engine sounds and even radios and MPs players, your battery will drain more quickly and your drive time will be greatly reduced.
Charging time
Before you use your 12V ride-on toy for the first time, you will need to charge the battery fully. Follow the manufacturer’s instructions, which will tell you how long you need to charge your battery the first time. This will typically be between 12-24 hours.
What to look for in a quality 12V ride-on toy
Safety
Most ride-on toys are built with child safety in mind. Look for ride-on toys that have adjustable seat belts and automatic brakes.
Speed
Most small-sized ride-on toys have the ability to go from 2 to 5 miles per hour. Look for ride-on toys that have adjustable speeds and speed limiters that can be set by parents.
How much you can expect to spend on 12V ride-on toy
Basic single-seat 12V ride-on toys start at around $200. Side-by-sides start at around $300 and go as high as $500 for licensed products with all the bells and whistles.
12V ride-on toy FAQ
Which kind of 12V is best for off-roading?
A. Ride-on toys are not made for off-roading in the traditional sense, because they don’t have the power or the ruggedness required for dealing with ruts, rocks and steep trails. If you want a ride-on toy that can operate as easily on the grass or dirt as on pavement, choose one that has a real suspension and knobby tires.
How long can you leave the 12V charger plugged in?
A. Never leave your 12V battery connected to a charger for more than 24 hours, because it will reduce your ride-on toy’s performance and can lead to permanent damage.
What’s the best 12V ride-on toy to buy?
Top 12V ride-on toy
Peg Perego Polaris RZR 900 Camo
What you need to know: Kids ages 3-8 love this side-by-side camo ride-on with a 130-pound carrying capacity.
What you’ll love: Parents love the top speed lockout that safely limits the speeds of beginning drivers to 2.5 mph from its top speed of 5 mph. Adults also love how as soon as kids take their foot off the brake, the vehicle automatically stops. The cargo bed has tie-down anchors for hauling toys. The seats on this ride-on car adjust to accommodate your growing child.
What you should consider: The seat belts are for appearance only and not designed for safety purposes.
Where to buy: Sold by Amazon
Top 12V ride-on toy for the money
Best Choice Products 12V Kids Ride-on Electric 4-Wheel ATV
What you need to know: This off-road 4-wheeler for riders up to 66 pounds is built to be tough.
What you’ll love: The four-wheel suspension and rugged knobby tires allow riders to take this ride-on toy off-road on grass and dirt. This ride-on toy has two speeds forward and two speeds in reverse, with a top speed of 3.7 mph. It comes with LED headlights, horn and built-in outlet so kids can listen to their favorite music as they drive. This ride-on toy has a run time of 1.5 hours.
What you should consider: When you climb hills, this ride-on toy uses more power and drains the battery more quickly.
Where to buy: Sold by Amazon
Worth checking out
Uenjoy 12V Licensed Bugatti Chiron Kids Ride-On Car
What you need to know: This miniature version of a real Bugatti Chiron has two powerful 12V motors and rechargeable batteries.
What you’ll love: This ride-on toy’s safety features include a seat belt, lockable doors and a park button for the emergency brake. Parents can operate this car via remote control for little kids who think they are driving it themselves. This ride-on toy also has a manual mode where older kids can control it with the steering wheel and accelerator pedal. This Bugatti has LED lights, horn and ports for connecting USB music devices.
What you should consider: The instructions that come with this ride-on toy could have been written more clearly.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/ride-on-toys-br/best-12v-ride-on-toy/ | 2022-06-16T22:23:25Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) (the "Fund") has announced a distribution declaration of $0.10 per share of common stock. The distribution announced today is payable on September 30, 2022, has a record date of September 15, 2022 and has an ex-date of September 14, 2022.
Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.10 per share of common stock, unless further action is taken to determine another amount. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, availability of capital gains, and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist of only net investment income.
Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2022 will be made after the end of the year.
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman's diverse team has over 2,500 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $418 billion in client assets as of June 30, 2022. For more information, please visit our website at www.nb.com.
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman | https://www.kxii.com/prnewswire/2022/08/31/neuberger-berman-next-generation-connectivity-fund-announces-monthly-distribution/ | 2022-08-31T21:24:16Z |
SAN DIEGO, Aug. 1, 2022 /PRNewswire/ -- Nationally recognized InnoVision Marketing Group has been named agency of record for Island Fin Poké. Continuing to expand at a steady pace, InnoVision will assist Island Fin Poké with branding, franchise development, digital marketing, and national public relations & outreach. This offers InnoVision the opportunity to help expand the national reach and awareness of Island Fin Poké.
The brand approached InnoVision after seeing the branding, positioning and marketing strategies that have led to much growth and success for other franchises on their client roster. Experts in branding and creating sticky campaigns, the campaign the company developed for Huey Magoo's, The Filet Mignon of Chicken, has received national praise and recognition.
San Diego-based InnoVision Marketing Group offers the full scope of marketing services completely in-house, including digital media, traditional media, web development, design, public relations, video production and more. Representing a variety of clients in different industries, Island Fin Poké adds to their franchise and fast-casual dining category.
"We are so honored to have the opportunity to work with Mark [Setterington]. His vision is clear, and his passion and enthusiasm are contagious," says Ric Militi, CEO / Executive Creative Director of InnoVision Marketing Group. "We look forward to helping Island Fin become the leader in the poke category – it's a goal we know is achievable, and we are excited to be part of it."
Coming in at #22, between Chipotle and Jersey Mike's, Island Fin Poké is a top mover and shaker, recognized in Entrepreneur Magazine's 2022 Top Food Franchises Ranking, the 2022 Top New & Emerging Franchises Ranking and Fast Casual's 2022 Movers & Shakers List.
Offering fresh Hawaiian-style poke bowls, described as sushi in a bowl, Island Fin Poké serves fresh poke in endless combination options, creating customized bowls for every guest. Guests choose from responsibly-sourced ingredients and can personalize their own poke bowl with options including over eight proteins, 25 different toppings, gluten-free house-made sauces that have been creatively crafted, and specialty mix-ins. Island Fin Poké offers a unique and full-service experience to each and every guest that walks through their doors, implementing this approach into everything they do.
Entering into four new markets with four new locations by the end of this year, Island Fin Poké currently has 24 locations open, looking to double in the next year.
"Island Fin Poké could not be more excited to have InnoVision as our agency of record. We are truly humbled that such an incredible agency has committed to helping us to become the brand we know we can be," says Mark Setterington, Co-founder and CEO of Island Fin Poké.
InnoVision is made up of five divisions including public relations, film production, digital media, traditional media and Español. Representing brands in multiple categories, including airports, automotive, fast-casual dining, food & beverage, healthcare, soft drinks, casinos, retail, tribal government, economic development and nonprofit, the agency serves clients across the US.
To learn more about InnoVision Marketing Group, please contact Bianca Kasawdish at bianca@teaminnovision.com or click here.
What began as an idea of a way to better service clients, has turned into a brand that stands out among the rest. InnoVision Marketing Group is a full-service, nationally recognized agency, with clients across the country, including Seattle, Los Angeles, Texas, New York, New Jersey, Phoenix, Tampa and Orlando. From branding to creative design, media buying, digital advertising, web development and SEO, video production, social advertising and management, PR and digital content, entirely everything is done in-house. Our client portfolio spans across several different industries, including casino, dining, jewelry, healthcare, lifestyle, nonprofit and more.
Since first opening in 2012, InnoVision has branched out from its humble beginnings, adding world-class clients to a growing roster that includes Valley View Casino & Hotel, Palomar Health, Huey Magoo's Chicken Tenders, and more. InnoVision also offers commercial film production through Pretzel Logic Productions, a wholly owned subsidiary, creating cutting-edge commercial and internet films while embracing storytelling and the brand vision.
At the heart of everything we do, InnoVision is committed to maintaining our unique culture. Team members at InnoVision are continually empowered, inspired and supported on a daily basis, no matter their position. We work hard to ensure an environment that team members thrive and grow in. The happier our team is, the better the work we produce – something we remember every day. To learn more about InnoVision, please visit TeamInnoVision.com.
Island Fin Poké is a Florida-based fast-casual concept known for its Hawaiian-style build-your-own poké bowls. From farm-to-fork, the brand uses the freshest ingredients to bring traditional flavors from the islands to local communities nationwide. Founded in 2017, Island Fin Poké has 20+ locations open, with numerous others in various stages of development. Island Fin Poké was listed in Fast Casual's 2022 Movers & Shakers List. For more information, or if interested in joining the brand's Ohana, please visit https://www.islandfinpoke.com/.
Contact:
Bianca Kasawdish
Director of Public Relations
& Digital Content
InnoVision Marketing Group
(619) 516-9337
Bianca@teaminnovision.com
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SOURCE InnoVision Marketing Group | https://www.kxii.com/prnewswire/2022/08/01/innovision-marketing-group-welcomes-island-fin-pok-recently-named-22-top-movers-shakers-by-fast-casual-their-booming-agency-roster/ | 2022-08-01T14:31:57Z |
With the launch of VMOD, SwatchOn makes the leap into digital fashion, connecting IRL to URL
SEOUL, South Korea, May 12, 2022 /PRNewswire/ -- Today marks the launch of VMOD, an open marketplace for digital fashion that bridges the gap between real-life physical garments (IRL) and digital fashion ownership (URL). Founded as a sister company to global sourcing pioneer and the world's leading wholesale fashion fabric aggregator SwatchOn, the fashion industry will take on a new shape as VMOD creates the ability to purchase interconnected digital and physical goods from both emerging and well-known fashion brands.
With a mission to empower fashion brands across the globe to create without limits, VMOD aims to dismantle the barrier of conventional fashion and bring brands to life in new and exciting ways. To meet young consumers where they are, the platform will enrich the experience of purchasing and owning garments across several verticals including AR wearables, physical twin, virtual looks, metaverse wearables, and more. Over time, SwatchOn and VMOD will work together to build an IRL to URL vertical for fashion production – from sourcing materials to producing and distributing garments.
"We're thrilled to make VMOD a reality and to be launching with such stand-out emerging designers like Annaiss Yucra and San Kim", said Will Lee, co-founder, and CEO of SwatchOn and VMOD. "This platform is proof that fashion extends beyond IRL designs and can be applied across many different novel and groundbreaking applications. This is just the beginning of what we plan to accomplish."
The founders of VMOD are focused on championing fashion and culture through storytelling and by serving a global community of diverse creators and collectors from a wide range of backgrounds. For the launch, VMOD features Annaiss Yucra, a 3rd generation artisan and indigenous Peruvian designer who highlights local traditions, textiles, and artisans; and San Kim, a University of Westminster MA Menswear graduate, whose avant garde designs are a fantastical interpretation of society around him.
Annaiss looks at her work as "Artivism" – activism through art. For many of her collections, including her drop on VMOD, she sheds light on different social issues in Peru and across Latin America, specifically in regard to women's rights.
"To me, the fashion industry and the catwalk can be a space where people really want to listen. And we can start a deeper conversation about what's really happening in the world, happening all around us" said Yucra. "Every time that I start a collection, I want to see a representation of this – I think about the social issues going on in my society; I think about the things that have affected my family; I think about my own legacy and how to communicate that in my work. As a founding designer on VMOD, that conversation and my designs can reach new heights, and new audiences."
As for San Kim, he considers himself a quiet observer. Inspired by everyday subjects, he creates his own unique visual language to reflect a collective experience. For his current work that is included in VMOD's drop, he took inspiration from how people were responding to the unprecedented pandemic. Kim watched how people were forced to be creative in fighting the virus, seeing images online of people using supermarket plastic bags over their heads instead of masks. Selecting plastic bags as his materials, he went to work designing his "inflatables."
"Fashion for me is a visual language, interpreting the world around me in order to communicate a message that resonates with everyday people. Connecting my real-life designs with digital versions through VMOD only helps to reverberate the intended message even further – it becomes additive."
Both Annaiss and San launched their new collections on VMOD this week. To learn more about VMOD, the designers, or to purchase their collections, visit VMOD.com.
About VMOD
VMOD is a digital fashion platform where fashion can be owned and experienced across various IRL and URL contexts. VMOD's mission is to enable fashion brands to create without limits and to encourage imagination, originality, and brilliant ideas through every story we tell and the fashion experiences we build. VMOD enriches the experience of owning and wearing fashion across digital and physical worlds while dismantling the barrier of conventional fashion with: Your fashion, virtually no bounds.
VMOD is a sister service to SwatchOn, which connects the South Korean textile industry to brands around the globe. SwatchOn has streamlined the fabric supply chain, allowing designers to quickly search and access over 200,000 textiles from 750 different suppliers. With VMOD, SwatchOn is making the leap into digital fashion, connecting from IRL to URL.
VMOD Contact
Sheldon Strategy & Consulting
vmod@sheldonstrategy.com
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SOURCE VMOD | https://www.mysuncoast.com/prnewswire/2022/05/12/swatchon-propels-digital-fashion-forward-with-new-platform/ | 2022-05-12T12:57:31Z |
Continued Growth in Revenue, Dealer Customers and ARPD
Closed Accu-Trade Group Acquisition
CHICAGO, May 5, 2022 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("CARS" or the "Company"), the leading automotive marketplace platform that provides a robust set of digital solutions, today released its financial results for the first quarter ended March 31, 2022.
Q1 2022 Financial and Key Metric Highlights
- Revenue of $158.2 million, up $4.9 million, or 3% year-over-year
- Net income of $4.3 million, or $0.06 per diluted share, compared to Net income of $5.3 million, or $0.08 per diluted share, in the prior year
- Adjusted EBITDA of $42.0 million, or 27% of revenue, down $6.1 million, year-over-year
- Average Monthly Unique Visitors ("UVs") of 26.6 million, up 2% year-over-year
- Traffic ("Visits") of 148.5 million, down 5% year-over-year
- Monthly Average Revenue Per Dealer ("ARPD") of $2,291, up 1% from $2,268 in the prior year period
- Dealer Customers of 19,500 as of March 31, 2022, up 321 compared to 19,179 as of December 31, 2021, and up 677, or 4%, compared to March 31, 2021
Operational Highlights
- Closed the acquisition of the Accu-Trade Group, a leading vehicle appraisal and acquisition solution, further advancing the company's platform strategy and accelerating CARS' end-to-end capabilities
- Closed nearly 200 sales during the three-day National Automobile Dealers Association show ("NADA")
- Demonstrated EV leadership with CARS' EV Buying Guide and consumer live stream event, comprehensive resources for shoppers considering an electric vehicle for their next vehicle purchase
"We are starting the year strong, delivering growth in revenue, dealer customers and ARPD, despite continuing macro-economic challenges. Interest in our expanded suite of digital solutions remains high, with dealers viewing the CARS platform as distinct and well-integrated," said Alex Vetter, Chief Executive Officer of CARS. "We continue to successfully execute our differentiated strategy and invest in our end-to-end capabilities, positioning CARS for sustainable growth for 2022 and beyond."
Q1 2022 Results
Revenue for the first quarter totaled $158.2 million, an increase of $4.9 million, or 3%, compared to the prior year period. Dealer revenue grew 6% year-over-year, driven by 4% growth in dealer customers and 1% growth in ARPD, primarily related to continued penetration of the Company's digital solutions and FUEL. As anticipated, solid growth in Dealer revenue was offset by a 16% year-over-year decrease in OEM and national revenue, reflecting lower OEM advertising budgets as new car inventory shortages persist.
Total operating expenses for the first quarter were $147.3 million, compared to $136.7 million for the prior year period. Adjusted Operating Expenses for the quarter were $141.0 million, a $10.1 million increase compared to the prior year period driven by an increase in marketing investments, including a return to in-person industry events that had been curtailed due to the pandemic as well as higher Product and Technology expense driven by higher compensation and consulting costs, including the addition and integration of CreditIQ and Accu-Trade.
Net income for the quarter was $4.3 million, or $0.06 per diluted share, compared to Net income of $5.3 million, or $0.08 per diluted share, in the first quarter of 2021.
Adjusted EBITDA for the quarter totaled $42.0 million, or 27% of revenue, compared to $48.1 million, or 31% of revenue, for the prior year period.
For the quarter, we delivered double-digit lead growth and 2% growth in Average Monthly Unique Visitors, compared to the prior year. Total Traffic was 5% lower compared to the first quarter of 2021.
As of March 31, 2022, Dealer Customers totaled 19,500, an increase of 321 Dealer Customers compared to the end of the fourth quarter of 2021, driven by continued strong retention rates and new customer additions. Compared to March 31, 2021, Dealer Customers increased 677, or 4%.
First quarter ARPD was $2,291, up 1% year-over-year, driven by continued growth in digital solutions and FUEL.
Cash Flow and Balance Sheet
Net cash provided by operating activities in the first quarter was $30.4 million, $20.0 million lower compared to the prior year. Free Cash Flow in the first quarter was $26.4 million compared to $44.1 million in the prior year. This decline was primarily due to a $9.1 million tax refund that we received last year related to the carryback of NOLs as a result of the CARES act and higher compensation payments in the current year period.
The Company borrowed $45.0 million on its revolving credit facility to fund the Accu-Trade Group acquisition and made $2.5 million in debt repayments during the quarter, resulting in total debt outstanding of $520.0 million as of March 31, 2022. The Company's total net leverage ratio at quarter-end was 2.7x, compared to 2.9x as of March 31, 2021. Total liquidity was $215.5 million, including cash and cash equivalents of $30.5 million and $185.0 million of revolver capacity, as of March 31, 2022.
As previously announced on February 24, 2022, the Company's Board of Directors approved a share repurchase program of up to $200 million of outstanding shares of CARS common stock over the next three years. During the first quarter, the Company repurchased 338 thousand of its common shares for $5.0 million.
"Our foundation for delivering another quarter of revenue growth and strong cash flow, in-line with our expectations is the value we provide our Dealer Customers. We maintain a strong balance sheet, an active focus on the integration of our recently acquired digital solutions and a return of capital to shareholders while maintaining modest net leverage," said Jandy Tomy, Interim Chief Financial Officer of CARS.
2022 Outlook
For the second quarter of 2022, the Company expects Revenue of approximately $161 million to $163 million. Guidance reflects the continuation of our strong first quarter 2022 performance balanced against the continuation of the impact of the macro-economic environment including industry-wide inventory shortages. The Company expects year-over-year revenue growth to accelerate throughout the year as the Company rolls-out recently acquired solutions and inventory replenishes. The Company reaffirms its full-year revenue guidance of 6% to 8% year-over-year growth, with double-digit revenue growth in the fourth quarter, assuming inventory shortages begin to recover in the fourth quarter and the economic environment does not have a worsening impact on consumer car buying behavior.
Adjusted EBITDA margin for the second quarter is expected to be between 26% and 28% and includes the margin impact of our expected revenue mix as well as higher year-over-year expenses as we invest in the integration and launch of our recently acquired dealer solutions, in marketing and in our people. Adjusted EBITDA margin is expected to approach 30% by the fourth quarter as revenue growth accelerates and OEM and National revenue begins to recover in connection with inventory levels.
Q1 2022 Earnings Call
As previously announced, management will hold a conference call and webcast today at 8:00 a.m. CT. This webcast may be accessed at investor.cars.com. A replay of the webcast will be available at this website following the conclusion of the call until May 19, 2022.
About CARS
CARS is the leading automotive marketplace platform that provides a robust set of digital solutions to connect car shoppers with sellers. Launched in 1998 with the flagship marketplace Cars.com and headquartered in Chicago, the Company empowers shoppers with the data, resources and digital tools needed to make informed buying decisions and seamlessly connect with automotive retailers. In a rapidly changing market, CARS enables dealerships and OEMs with innovative technical solutions and data-driven intelligence to better reach and influence ready-to-buy shoppers, increase inventory turn and gain market share.
In addition to Cars.com, CARS brands include Dealer Inspire, a technology provider building solutions that future-proof dealerships with more efficient operations and connected digital experiences; FUEL, which gives dealers and OEMs the opportunity to harness the untapped power of digital video by leveraging Cars.com's pure audience of in-market car shoppers, DealerRater, a leading car dealer review and reputation management platform, automotive fintech platform CreditIQ, and Accu-Trade, a leading provider of vehicle acquisition technology and valuation data.
The full suite of CARS properties includes Cars.com™, Dealer Inspire®, FUEL™, DealerRater®, CreditIQ™, Accu-Trade™, Auto.com™, PickupTrucks.com™ and NewCars.com®. For more information, visit www.Cars.com.
Non-GAAP Financial Measures
This earnings release discusses Adjusted EBITDA, Adjusted EBITDA margin, Free Cash Flow and Adjusted Operating Expenses. These financial measures are not prepared in accordance with generally accepted accounting principles in the United States ("GAAP"). These financial measures are presented as supplemental measures of operating performance because the Company believes they provide meaningful information regarding the Company's performance and provide a basis to compare operating results between periods. In addition, the Company uses Adjusted EBITDA as a measure for determining incentive compensation targets. Adjusted EBITDA also is used as a performance measure under the Company's credit agreement and includes adjustments such as the items defined below and other further adjustments, which are defined in the credit agreement. These non-GAAP financial measures are frequently used by the Company's lenders, securities analysts, investors and other interested parties to evaluate companies in the Company's industry. For a reconciliation of the non-GAAP measures presented in this earnings release to their most directly comparable financial measure prepared in accordance with GAAP, see "Non-GAAP Reconciliations" below.
Other companies may define or calculate these measures differently, limiting their usefulness as comparative measures. Because of these limitations, non-GAAP financial measures should not be considered in isolation or as substitutes for performance measures calculated in accordance with GAAP. Definitions of these non-GAAP financial measures and reconciliations to the most directly comparable GAAP financial measures are presented in the tables below.
The Company defines Adjusted EBITDA as net income (loss) before (1) interest expense, net, (2) income tax (benefit) expense, (3) depreciation, (4) amortization of intangible assets, (5) stock-based compensation expense, (6) unrealized mark-to-market adjustments and cash transactions related to derivative instruments, and (7) certain other items, such as transaction-related items, severance, transformation and other exit costs and write-off and impairments of goodwill, intangible assets and other long-lived assets.
Transaction-related items result from actual or potential transactions such as business combinations, mergers, acquisitions, dispositions, spin-offs, financing transactions, and other strategic transactions, including, without limitation, (1) transaction-related bonuses and (2) expenses for advisors and representatives such as investment bankers, consultants, attorneys and accounting firms. Transaction-related items may also include, without limitation, transition and integration costs such as retention bonuses and acquisition-related milestone payments to acquired employees, consulting, compensation and other incremental costs associated with integration projects, and amortization of deferred revenue related to the Accu-Trade acquisition.
The Company defines Free Cash Flow as net cash provided by operating activities less capital expenditures, including purchases of property and equipment and capitalization of internal-use software and website development costs.
The Company defines Adjusted Operating Expenses as total operating expenses adjusted to exclude stock-based compensation, write-off and impairments of goodwill, intangible assets, long-lived assets, severance, transformation and other exit costs and transaction-related items.
Key Metric Definitions
Traffic ("Visits"). Traffic is fundamental to the Company's business. Traffic to the CARS network of websites and mobile apps provides value to the Company's advertisers in terms of audience, awareness, consideration and conversion. In addition to tracking traffic volume and sources, the Company monitors activity on its properties, allowing the Company to innovate and refine its consumer-facing offerings. Traffic is defined as the number of visits to CARS desktop and mobile properties (responsive sites and mobile apps), measured using Adobe Analytics. Traffic does not include traffic to Dealer Inspire websites. Traffic provides an indication of the Company's consumer reach. Although the Company's consumer reach does not directly result in revenue, the Company believes its ability to reach in-market car shoppers is attractive to its dealer customers and national advertisers.
Average Monthly Unique Visitors ("UVs"). Growth in unique visitors and consumer traffic to the Company's network of websites and mobile apps increases the number of impressions, clicks, leads and other events it can monetize to generate revenue. The Company defines UVs in a given month as the number of distinct visitors that engage with its platform during that month. Visitors are identified when a user first visits an individual CARS property on an individual device/browser combination or installs one of its mobile apps on an individual device. If a visitor accesses more than one of the Company's web properties or apps or uses more than one device or browser, each of those unique property/browser/app/device combinations counts toward the number of UVs. UVs do not include Dealer Inspire UVs. The Company measures UVs using Adobe Analytics.
Dealer Customers. Dealer Customers represent dealerships using the Company's products as of the end of each reporting period. Each physical or virtual dealership location is counted separately, whether it is a single-location proprietorship or part of a large, consolidated dealer group. Multi-franchise dealerships at a single location are counted as one dealer. All Dealer Customer metrics do not include Accu-Trade as it would be impracticable to do so.
Average Revenue Per Dealer ("ARPD"). The Company believes that its ability to grow ARPD is an indicator of the value proposition of its platform. The Company defines ARPD as Dealer revenue, excluding digital advertising services, during the period divided by the monthly average number of Dealer Customers during the same period. ARPD does not include Accu-Trade as it would be impracticable to do so.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the federal securities laws. All statements other than statements of historical facts are forward-looking statements. Forward-looking statements include information concerning the Company's industry, Dealer Customers, results of operations, business strategies, plans and objectives, market potential, outlook, trends, future financial performance, planned operational and product improvements, potential strategic transactions, recent acquisitions, such as CreditIQ and Accu-Trade, liquidity, including draws from the Company's revolving credit facility, expense management and other matters and involve known and unknown risks that are difficult to predict. These statements often include words such as "believe," "expect," "project," "anticipate," "outlook," "intend," "strategy," "plan," "estimate," "target," "seek," "will," "may," "would," "should," "could," "forecasts," "mission," "strive," "more," "goal" or similar expressions. As a result, the Company's actual financial results, performance, achievements, strategic actions or prospects may differ materially from those expressed or implied by these forward-looking statements. Forward-looking statements are based on the Company's current expectations, beliefs, strategies, estimates, projections and assumptions, based on its experience in the industry as well as the Company's perceptions of historical trends, current conditions, expected future developments, current developments regarding the COVID-19 pandemic and other factors the Company thinks are appropriate. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. These statements are expressed in good faith and the Company believes these judgments are reasonable. However, you should understand that these statements are not guarantees of strategic action, performance or results. The Company's actual results and strategic actions could differ materially from those expressed in the forward-looking statements. Given these uncertainties, forward-looking statements should not be relied on in making investment decisions. Comparisons of results between current and prior periods are not intended to express any future trends, or indications of future performance, unless expressed as such, and should only be viewed as historical data. Whether or not any such forward-looking statement is in fact achieved will depend on future events, some of which are beyond the Company's control.
Forward-looking statements are subject to a number of risks, uncertainties and other important factors, many of which are beyond the Company's control, that could cause its actual results and strategic actions to differ materially from those expressed in the forward-looking statements contained in this press release. For a detailed discussion of many of these and other risks and uncertainties, see the Company's Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, its Current Reports on Form 8-K and its other filings with the Securities and Exchange Commission, available on the Company's website at investor.cars.com or via EDGAR at www.sec.gov. All forward-looking statements contained in this press release are qualified by these cautionary statements. You should evaluate all forward-looking statements made in this press release in the context of these risks and uncertainties. The forward-looking statements contained in this press release are based only on information currently available to the Company and speak only as of the date of this press release. The Company undertakes no obligation, other than as may be required by law, to update or revise any forward-looking or cautionary statements to reflect changes in assumptions, the occurrence of events, unanticipated or otherwise, or changes in future operating results over time or otherwise.
The forward-looking statements in this report are intended to be subject to the safe harbor protection provided by the federal securities laws.
CARS Investor Relations Contact:
Robbin Moore-Randolph
rmr@cars.com
312.601.5929
CARS Media Contact:
Marita Thomas
mthomas@cars.com
312.601.5692
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SOURCE Cars.com Inc. | https://www.wibw.com/prnewswire/2022/05/05/cars-reports-first-quarter-2022-results/ | 2022-05-05T12:06:43Z |
Simon brings unparalleled financing expertise to world's leading eFuels company
HOUSTON, Aug. 10, 2022 /PRNewswire/ -- HIF Global, the world's leading eFuels company, announced that Roberto Simon will join the company as its new Chief Financial Officer. Simon previously served as Managing Director and Co-Head of Global Banking and Advisory at Societe Generale (SG) Americas in New York.
Cesar Norton, President & CEO of HIF Global said, "Roberto's expertise is well known. Over his career in banking, he raised billions in capital for infrastructure worldwide. At HIF he will deliver financial strategy and capital markets expertise to ensure our success.Roberto's leadership within Societe Generale and in global financial markets is unparalleled. We are honored to have him join the HIF Global executive team."
HIF Global plans to deploy approximately $50 billion of capital to develop, construct, and operate facilities around the world that will produce approximately 150,000 barrels per day of carbon-neutral eFuels that will decarbonize more than 5 million cars. Simon brings extensive experience from across the entire energy value chain to make this plan a reality.
During his 25-year career at Societe Generale, Roberto Simon worked with leading companies and sponsors throughout the world to finance pioneering transactions, setting new benchmarks for the sector. He played a key role in making SG the top LNG Advisory Bank in the world and a lead bank for raising capital for complex and innovative transactions. Simon also established SG as a top 5 Lead Arranger for renewable power in the Americas. His experience financing infrastructure, transformative energy transactions, and renewables brings unique financial strength to the HIF Global executive team.
HIF Global is the world leading eFuels company, developing projects to convert hydrogen using low-cost renewable power into carbon neutral liquid eFuels that can be transported and utilized in existing infrastructure. The name HIF represents the mission of the company: to provide Highly Innovative Fuels to make decarbonization of the planet possible. HIF Chile, HIF USA, HIF Asia Pacific, and HIF EMEA are wholly owned subsidiaries of HIF Global. HIF Chile is currently constructing the Haru Oni Demonstration Plant in Magallanes, Chile. For more information, visit www.hifglobal.com.
Information in this press release includes various statements that are forward-looking statements within the meaning of the U.S. federal securities laws. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Words such as "can," "expect," potential," "to be," "will," and similar expressions are used to identify forward-looking statements and convey the uncertainty of future events or outcomes. Forward-looking statements in this press release relate to, among other things, our expectations of our plans, strategies, and objectives, including with respect to the timing and other aspects of the HIF eFuels facilities. Such statements are based on management's current expectations and assumptions and are subject to known and unknown risks and uncertainties that may cause actual results or events to differ materially from expectations expressed or implied in the forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include (without limitation): our ability to timely obtain or maintain necessary permits to construct and develop the HIF eFuels facilities; our ability to execute operational objectives on a timely and successful basis; legislative, policy, fiscal and regulatory developments; the outcome of commercial negotiations; our ability to raise financing; consumer preferences or demand; and various economic, business, and competitive factors affecting our business. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this paragraph. HIF Global urges you to carefully review and consider the cautionary statements made in this press release and cautions you not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. HIF Global undertakes no obligation (and expressly disclaims any such obligation) to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE HIF Global | https://www.kxii.com/prnewswire/2022/08/10/former-societe-generale-managing-director-roberto-simon-joins-hif-global-cfo/ | 2022-08-10T14:53:54Z |
SAN DIEGO, July 14, 2022 /PRNewswire/ -- Welcome to Playdust. A Solana blockchain search engine working to empower collectors and creators to explore, understand and interact with the data on the blockchain. The builders of Playdust are excited to announce this intuitive, comprehensive, and powerful platform is now live at playdust.com.
Playdust is the first marketplace to be built on top of a full blockchain explorer. It is for this reason that Playdust can provide not only the best search & discovery experience in the web3 space, but also the most data rich infusion of pertinent decision-making information. The underlying block explorer technology functions as a "Google" of the Solana blockchain, returning NFTs containing any search criteria in the collection or metadata. Every single NFT minted on Solana appears on Playdust shortly after minting.
- Automatic Authentication: Playdust is working to solve authenticity automatically based on data, rather than manually verifying collections like how marketplaces currently do it.
- Permission-less Listing: The approval and listing of recently minted NFTs and collections in real time is the only decentralized option that allows for a level playing field for creators. Manual verification by a central marketplace is nothing more than a curated gallery. A search engine opens the doors to the SEO industry on the blockchain. Creators have a new way of being found.
- Tabbed Search: One unique feature of the Playdust platform is that it allows for numerous, multidimensional search pages to be live at once. This feature allows the user to query and cache multiple collections of interest for easy access. These searches will be there each time the user logs in until they modify or delete the individual search page.
- Fuzzy Search: Playdust is one of the first and most powerful search engines on Solana. We'll have fuzzy search, which means users search for anything! Search for "laser eyes" and find every collection on Solana that has laser eyes. Or sort by rarity to find the rarest NFT with laser eyes across all collections! This is exciting because it allows discovery of new creators and collections and better, more informed decisions on which NFTs to buy/trade.
Playdust is setting up for use cases far beyond PFPs. NFTs are expanding to be tickets, certificates, music, identity etc... With our platform brands and creators of all kinds will be able to create and sell NFTs, interact with the blockchain, analyze their analytics, and so much more to come on the roadmap!
Playdust has also built and staffed an NFT incubator/launchpad for select projects to receive technical and marketing assistance in launching their NFT projects. The first project launch is with Rocketship and POW! Entertainment releasing the "Stan Lee's Genesis" NFT collection at Comic-Con. Featuring 200 new characters developed and illustrated by the truly dynamic team of Tom Akel and Ryan Benjamin.
Playdust was co-founded in 2021 by Stan Prokopenko, artist, and creator of Proko.com, a leading online art education platform with over 2.5 million subscribers on YouTube. Stan, along with his co-founder and brother, Eugene Prokopenko, has brought together a group of builders with artistic roots to build the first blockchain search engine. Headquartered in San Diego, CA but globally staffed, Playdust looks to a future where all can understand, explore, and interact with the blockchain with ease.
Kimberly Lewis
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SOURCE Playdust | https://www.wibw.com/prnewswire/2022/07/14/announcing-playdust-powering-solana-digital-asset-ecosystem/ | 2022-07-14T13:01:48Z |
NEW YORK, May 25, 2022 /PRNewswire/ -- AES El Salvador Trust II bis, a trust formed under the laws of the State of New York (the "Issuer") today announced:
- early results of the previously announced offer to purchase for cash (the "Tender Offer") of any and all of its 6.750% Senior Guaranteed Notes due 2023, listed in the table below (the "Notes") , guaranteed by each of (i) Compañía de Alumbrado Eléctrico de San Salvador, S.A. de C.V. ("CAESS"), (ii) AES CLESA y Compañía, S. en C. de C.V. ("CLESA"), (iii) Empresa Eléctrica de Oriente, S.A. de C.V. ("EEO") and (iv) Distribuidora Eléctrica de Usulután, S.A. de C.V. ("DEUSEM" and, jointly with CAESS, CLESA and EEO, the "Guarantors" and the Guarantors, together with the Issuer, referred to herein as "we," or "us").
- the early results of the previously announced concurrent solicitation (the "Solicitation") from the holders of the Notes of a consent (the "Consent" or in the plural "Consents") to certain proposed amendments (the "Proposed Amendments") to the indenture governing the Notes (the "Indenture"), shortening the minimum notice period for any redemption of the Notes by the Issuer to three days. This redemption includes optional, withholding tax event, substantial repurchase event, rating methodology event or tax deductibility event redemptions, all as described in the indenture governing the Notes.
- extension of the Early Tender Premium to the Expiration Date (each as defined below).
The Tender Offer and Solicitation are taking place upon the terms and conditions described in the Issuer's Offer to Purchase and Consent Solicitation Statement, dated May 12, 2022 (the "Statement").
According to information received from Global Bondholder Services Corporation, the Tender, Solicitation and Information Agent for the Tender Offer and concurrent Solicitation, as of 5:00 p.m., New York City time, on May 25, 2022 (that date and time, the "Early Tender and Consent Time"), the Issuer had received valid tenders and consents from holders of the Notes as outlined in the table below.
__________
In respect of the Solicitation, the Issuer has received the consent of holders for an aggregate principal amount representing 90.32% of the aggregate principal amount of the outstanding Notes and intends to execute a supplemental indenture so that the Proposed Amendments become effective once the Issuer pays the Total Consideration to tendering and consenting Holders on the Final Settlement Date.
The deadline for holders to validly withdraw tenders of Notes has passed. Accordingly, Notes that were tendered before the Early Tender and Consent Time and any additional Notes that are tendered at or prior to 11:59 p.m., New York City time, on June 9, 2022 (the "Expiration Date") may not be withdrawn, except in the limited circumstances described in the Statement.
The Issuer has elected not to have an Early Settlement Date. Therefore, subject to the satisfaction or waiver of all conditions to the Tender Offer and concurrent Solicitation described in the Statement having been either satisfied or waived by the Issuer, the Issuer intends to accept for purchase all of the Notes validly tendered before the Expiration Date (including those validly tendered (and not validly withdrawn) prior to the Early Tender and Consent Time) on the Final Settlement Date, which is expected to occur promptly after the Expiration Date.
In addition, the Issuer hereby amends the Statement so that Holders of Notes that are validly tendered prior to the Expiration Date and accepted for purchase pursuant to the Tender Offer and concurrent Solicitation will receive the Total Consideration (as set forth in the table above), which includes the early tender premium of U.S.$30.00 as set forth in the Statement (the "Early Tender Premium").
Payments for the Notes purchased will include accrued and unpaid interest from and including the last interest payment date applicable to the Notes up to, but not including, the Final Settlement Date. Holders of Notes that were validly tendered (and not validly withdrawn) prior to the Expiration Date (including those validly tendered (and not validly withdrawn) prior to the Early Tender and Consent Time) and accepted for purchase pursuant to the Tender Offer and concurrent Solicitation will receive the Total Consideration, which includes the Early Tender Premium.
The Tender Offer and concurrent Solicitation are subject to the conditions described in the Statement, including the Financing Condition (as such term is defined in the Statement). Full details of the terms and conditions of the Tender Offer and concurrent Solicitation are set forth in the Statement, which is available from Global Bondholder Services Corporation.
J.P. Morgan Securities LLC ("J.P. Morgan") is the Dealer Manager and Solicitation Agent in the Tender Offer and concurrent Solicitation. Global Bondholder Services Corporation has been retained to serve as the Tender, Solicitation and Information Agent for the Tender Offer and concurrent Solicitation. Persons with questions regarding the Tender Offer and concurrent Solicitation should contact J.P. Morgan at (toll free) (866) 846-2874. To contact Global Bondholder Services Corporation, banks and brokers may call (212) 430-3774, and others may call U.S. toll-free: (855) 654-2015 or email contact@gbsc-usa.com.
None of the Issuer, any of the Guarantors, their respective board of directors, its officers, the dealer manager and solicitation agent, the tender and information agent or the trustees with respect to the Notes, or any of their respective affiliates, makes any recommendation that holders tender or refrain from tendering all or any portion of the principal amount of their Notes and consent to the Proposed Amendments to the Indenture, and no one has been authorized by any of them to make such a recommendation. Holders must make their own decision as to whether to tender their Notes and provide their Consent and, if so, the principal amount of Notes to tender in the Tender Offer and concurrent Solicitation.
This press release is not an offer to purchase or a solicitation of an offer to purchase with respect to any Notes or any other securities. The Tender Offer and concurrent Solicitation is being made solely pursuant to the terms of the Statement. The Tender Offer and concurrent Solicitation is not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. The Statement does not constitute a public offer to purchase in El Salvador or a public offer to purchase to any resident of El Salvador.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934 that are not based on historical facts and are not assurances of future results. These forward-looking statements are based on management's current expectations and estimates about future events and financial trends, which affect or may affect the Issuer's businesses and results of operations. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect" and similar words are intended to identify estimates and forward-looking statements. These statements include but are not limited to forward-looking statements about the Tender Offer and concurrent Solicitation, including whether the Tender Offer and concurrent Solicitation are consummated in whole or in part. Although the Issuer believes that these forward-looking statements are based upon reasonable assumptions, these statements are subject to several risks and uncertainties and are made in light of information currently available to the Issuer. Estimates and forward-looking statements involve risks and uncertainties and are not guarantees of future performance. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations and the Issuer's future results may differ materially from those expressed in these estimates and forward-looking statements.
All forward-looking statements are expressly qualified in their entirety by this cautionary statement, and you should not place reliance on any forward-looking statement contained in this press release. The Issuer undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.
SOURCE AES El Salvador
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SOURCE AES El Salvador Trust II bis | https://www.wibw.com/prnewswire/2022/05/26/aes-el-salvador-trust-ii-bis-announces-early-tender-results-its-offer-purchase-cash-any-all-its-outstanding-6750-senior-guaranteed-notes-due-2023-concurrent-consent-solicitation-extension-early-tender-premium-expiration-date/ | 2022-05-26T07:49:18Z |
MONTGOMERY, Ala. (AP) — Alabama officials said Thursday that they will move forward with plans to build two supersize prisons despite a bond sale falling more than $200 million short amid a volatile market and pressure from activists.
The Alabama Corrections Institution Finance Authority hoped to sell $725 million in bonds for the construction project, but was only able to sell $509 million. The bond issue is a key funding piece for the $1.2 billion construction price tag.
State Finance Director Bill Poole told reporters that the state had hoped to “sell a little bit more” but officials were pleased with the result. He said the outcome would not impact the construction and the state still anticipated opening the prisons in 2026. He said the state will look at options for the remainder of the money, including seeking additional funding from the Alabama Legislature or conducting another bond issue when conditions are more favorable.
Alabama Gov. Kay Ivey called the bond sale a “significant and positive step forward in our prison construction process.”
“Our job certainly is not done, however, and we will continue to take steps in the coming months and years to ultimately improve Alabama’s criminal justice system,” she said.
While state officials blamed the result on a volatile market, a group of activists and impact investors had urged buyers to stay away from the the bond offering.
“They didn’t just fall short. They fell well, well, well short,” said Eric Glass, an adviser to Justice Capital, an investment fund that joined the call for a boycott. He said the state did face a volatile market but there is also a recognition among investors that prison construction “is not a good thing to be investing in.”
“I think it fell short because this has been a year-plus campaign around, uplifting and centering the idea that building prisons, whether private or public, shows a lack of creativity,” he added. “It shows inhumanity and cruelty, and we need to start thinking broadly and holistically around the things that that lead to incarceration and improve those.”
Alabama officials are pursuing construction of new prisons to replace aging facilities, calling that a partial solution to the state’s longstanding troubles in corrections. The U.S. Department of Justice has an ongoing lawsuit against the state over prison conditions and has cautioned that new buildings will not solve the problems. Critics of the construction plan argue that the state is ignoring the bigger issues — prison staffing levels and leadership — to focus on buildings.
The two prisons would be located in Elmore and Escambia counties and would house up to 4,000 inmates each. The facilities would replace older prisons that would close.
Dana Sweeney, a statewide organizer for Alabama Appleseed, said he was surprised to hear the state isn’t changing plans despite being $200 million short of the amount needed. “There are a lot of things that $200 million can be spent on, and I would be very, very interested to hear how lawmakers would react to being asked for hundreds of millions of dollars more,” he said.
The Alabama Corrections Institution Finance Authority intends to finalize the bond sale on July 12.
The U.S. Department of Justice has sued Alabama over a prison system it says is riddled with prisoner-on-prisoner and guard-on-prisoner violence. The Justice Department noted in an earlier report that dilapidated facilities were a contributing factor to the unconstitutional conditions but wrote “new facilities alone will not resolve” the matter because of problems in culture, management deficiencies, corruption, violence and other problems.
State officials maintain modern facilities will be safer for staff and inmates and help the prison system provide better health and vocational education services. Poole said those services are “very difficult to deliver in dangerous old facilities.”
“We need to have safer facilities for the benefit of both the incarcerated population and for staff. It is very difficult to recruit staff to work in dangerous conditions,” Poole said. | https://cw33.com/business/ap-business/alabama-bond-sale-for-mega-prisons-falls-200-million-short/ | 2022-07-01T00:11:42Z |
Red Sox rough up Eduardo Rodriguez in 9-7 win over Tigers
By LARRY LAGE
AP Sports Writer
DETROIT (AP) — Jackie Bradley, Kiké Hernández and Rafael Devers hit consecutive RBI doubles in the fourth inning to chase former teammate Eduardo Rodriguez and the Boston Red Sox held on to beat the Detroit Tigers 9-7 Wednesday and win the three-game series. Boston went into the fifth inning ahead 7-1 and led by 9-2 after batting in the seventh and had a two-run lead going into the final inning. Hansel Robles got out of a bases-loaded jam in the eighth by getting Jonathan Schoop to pop up on the infield and retired the side in order in the ninth, earning the save. | https://localnews8.com/sports/ap-national-sports/2022/04/13/red-sox-rough-up-eduardo-rodriguez-in-9-7-win-over-tigers/ | 2022-04-13T22:54:11Z |
The company is recognized for its Ability to Execute and Completeness of Vision
AUSTIN, Texas, May 31, 2022 /PRNewswire/ -- Overhaul, a software-based, supply-chain visibility, integrity, safety and security solution for the world's leading brands, today announced that Overhaul has been positioned by Gartner® as a Challenger in the 2022 Magic Quadrant for Real-Time Transportation Visibility Platforms (RTTVP). The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute. We believe following a year of tremendous growth and achievement, recognition in the 2022 report marks Overhaul's second year in a row being named in the Magic Quadrant.
Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. We believe this research enables you to get the most from market analysis in alignment with your unique business and technology needs.
"Visibility has proven time and time again to be a crucial element in successfully managing today's supply chain," said Barry Conlon, CEO and founder of Overhaul. "We believe being named a Challenger in this year's Magic Quadrant is truly a testament to the hard work of our team and their relentless pursuit of protecting and optimizing the supply chains of our clients."
"By working with industry-leading Fortune 500 enterprises across a broad range of verticals including technology, pharmaceuticals, retail, logistics and transportation providers, we understand the demanding criteria needed to advance within the Real-Time Transportation Visibility Platform market and take great pride in our company being recognized by Gartner," Conlon added.
For more information on Overhaul and how its risk management and real-time visibility solutions can improve your supply chain, please visit: over-haul.com.
Gartner disclaimer
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
Gartner, Magic Quadrant for Real-Time Transportation Visibility Platforms, Carly West, 24th May 2022
About Overhaul
Founded in 2016 and headquartered in Austin, Texas, Overhaul is the industry's first and only holistic, end-to-end solution that optimizes supply-chain visibility, integrity, and security for global enterprises. Its software-based approach offers high configurability and efficient time-to-value to supply-chain organizations without heavy tech. Additionally, Overhaul's logistics-experts team partners with each client to create a fully customized and comprehensive solution for the entire supply chain. As such, Overhaul has quickly grown to be a trusted provider for Fortune 100 companies moving freight globally across industries, such as pharmaceutical and healthcare, technology, logistics, and food and beverage. Customers include Microsoft, Bristol Myers Squibb and many others. For more information, visit over-haul.com and the Overhaul Blog, and follow them on LinkedIn, Twitter, and Facebook.
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SOURCE Overhaul | https://www.wibw.com/prnewswire/2022/05/31/overhaul-named-challenger-2022-gartner-magic-quadrant-real-time-transportation-visibility-platform/ | 2022-05-31T17:03:13Z |
Police investigating fire at Colorado pregnancy center
LONGMONT, Colo. (AP) — A weekend fire at a Christian pregnancy center in north-central Colorado is being investigated as a possible arson, police in Longmont said.
The fire at Life Choices was reported at 3:17 a.m. Saturday, hours after the U.S. Supreme Court overturned Roe v. Wade and said abortion laws would be decided by the states.
The front door was broken and the front of the building had been spray painted with the words, “if abortions aren’t safe neither are you.” On the concrete porch were the words “bans off our bodies.”
The building sustained fire and heavy smoke damage.
Life Choices is a “Christ-centered ministry” that offers free services related to pregnancy and sexual health, information on reversing the effects of abortion pills and post-abortion support for guilt, shame, anxiety and depression, according to its website.
Life Choices executive director Kathy Roberts said the center is devastated and stunned “by this frightening act of vandalism.” The attack, she said, affects people who need support, such as pregnancy tests, parenting classes and financial assistance, the Times-Call reported.
Police are asking people who live in the area to check their home surveillance video and forward any relevant video to police.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/26/police-investigating-fire-colorado-pregnancy-center/ | 2022-06-27T00:35:07Z |
PARIS, Sept. 13, 2022 /PRNewswire/ -- Ekinops (Euronext Paris - FR0011466069 – EKI), a leading network access and virtualization specialist, today announced that SixSq, that provides the Nuvla edge-to-cloud management platform, and Kadiska, the SaaS platform for digital experience monitoring, signed a partnership that allows enterprises to instantly gain performance visibility into networks connecting their sites, clouds and business-critical web and SaaS applications.
By integrating Kadiska's Net-Tracer app into the SixSq Nuvla marketplace, organizations can now immediately deploy in-depth network path and performance monitoring across their entire infrastructure.
The Net-Tracer app is a containerized agent that Nuvla can deploy on edge nodes, clouds, white boxes and SD-WAN devices, including any uCPE powered by Ekinops' popular OneOS6 middleware. Once deployed, Net-Tracer continuously maps and monitors all network routes and reports performance degradations, their origin and impact. Users connect to the Kadiska platform to access analytics that correlate network, infrastructure and application performance with users' digital experience.
"Our customers need network performance monitoring, and being able to deploy such capability via an app on the Nuvla marketplace will be be natural for them. This allows users to quickly identify when and how the network impacts application performance. The combination of Kadiska's Net-Tracer app and our zero-touch, container-based orchestration capabilities allow us to offer a convenient solution to solve this critical challenge facing IT operations and network teams," explained Marc-Elian Bégin, CEO and co-founder at SixSq.
"We designed Net-Tracer to fill this specific visibility gap," added Gilles Huguenin, CEO at Kadiska. "Its cloud-native implementation makes it simple to deploy across managed clouds and devices. SixSq's vendor agnostic orchestration capabilities and popular marketplace was a natural fit for our solution. We look forward to helping enterprises gain complete control over their modern nextworks, deliver an amazing digital experience, and fully profit from their digital platform."
Kadiska's Net-Tracer Application is now available on the Nuvla Marketplace here.
All press releases are published after the close of trading on Euronext Paris.
EKINOPS Contact
Didier Brédy
Chairman and CEO
contact@ekinops.com
Investors
Mathieu Omnes
Investor relation
Tel.: +33 (0)1 53 67 36 92
momnes@actus.fr
Press
Amaury Dugast
Press relation
Tel.: +33 (0)1 53 67 36 74
adugast@actus.fr
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SOURCE Ekinops France SA | https://www.kxii.com/prnewswire/2022/09/13/ekinops-sixsq-kadiska-deliver-network-performance-monitoring-enterprise-edge-cloud-web-saas-applications/ | 2022-09-13T21:46:51Z |
HONG KONG, June 14, 2022 /PRNewswire/ -- NOIZChain Limited ("NOIZ"), today announced it has reached an conditional agreement on the sale of the entire issued share capital to Merdeka Financial Group Limited (Stock code: 8163) ("Merdeka").
Andy Ann, the Chief Executive Officer of NOIZ, said, ''NOIZ aims to make blockchain technology widely available for every business and to drive blockchain into mass adoption and commercialisation. We are committed to empower enterprises to embrace Web3.0 environmentally, and we believe Merdeka, as a Hong Kong listed company, helps NOIZ to gain a competitive edge by accessing capital market for further growth. Complying with more stringent disclosure requirements for listed companies, it also enhances NOIZ's transparency among institutions and the investing public which strengthens its reputation and credibility.''
UNIVERSAL BLOCKCHAIN PLATFORM FOR EVERY BUSINESS
NOIZ is a Blockchain-as-a-Service (''BaaS'') company that provides tailor made services and advice to businesses allowing them to use cloud-based solutions to manage and develop their applications and smart contracts without needing to develop and maintain their own blockchain environments.
NOIZ principally engages in (i) provision of a private blockchain as an infrastructure technology and on-going support of all core value transactions and applications for businesses; (ii) design and build realistic Metaverses for enterprises to connect reality and the virtual world; and (iii) creation and issuance of smart contracts for corporate and individual clients on NOIZ Green Chain (as defined below).
ESG AND SUSTAINABILITY PRODUCTS FOCUS
Environmental, Social, and Governance (''ESG'') become the top agenda of global investors as essential non-financial factors in their investment decisions. NOIZ values ESG and sustainable development.
NOIZ has developed an environmental-friendly blockchain known as ''NOIZChain'' (''NOIZ Green Chain''), which adopts the proof of capacity (''PoC'') consensus mechanism that allows clients in the network to use available hard drive space to decide mining rights and to validate transactions. As compared to other consensus mechanisms such as proof of work, PoC is considered to be energy efficient as participants only temporarily provide storage space on their hard drives rather than needing expensive and specialised hardware that consumes a lot of power for solving computationally intensive encryption. NOIZ Green Chain consumes approximately 2,600 times less energy than conventional proof of work platforms.
HELP TO ACHIEVE COST EFFICIENCY AND EFFECTIVENESS
With the foundation of NOIZ Green Chain, NOIZ has developed a Metaverse (the ''NOIZ Metaverse'') and an all-in-one digital wallet (the ''Beam Digital Wallet'') on the NOIZ Green Chain.
The NOIZ Metaverse was developed by utilising Unreal Engine 5, a powerful software that creates virtual worlds for video game development, film studios and architectural research. Unlike the existing pixelated Metaverse, NOIZ Metaverse further reduces the distinction between the virtual world and reality. NOIZ helps businesses to build their own realistic Metaverse for commercialisation.
The Beam Digital Wallet is a mobile wallet that can be downloaded on the Apple App Store and Google Play Store, with a built-in marketplace that allows users to buy, sell, transfer, and track all smart contracts possessed by the users. The smart contracts traded within the marketplace are transacted via fiat currency, including payments by both MasterCard/Visa cards.
Andy Ann, the Chief Executive Officer of NOIZ, added, ''We are providing tailor-made Blockchain development services to various industries covering international banks, insurance companies, art museums and advertising agencies, etc. We look forward to partnering with more different clients in the future upon the successful of the proposed transaction by moving toward a listed platform."
About Merdeka Financial Group Limited (Stock code: 8163)
Merdeka Financial Group Limited is a listed Company on the GEM operated by the Hong Kong Stock Exchange (stock code: 8163). Merdeka is a reliable and trustworthy industry expert which focuses on two core businesses, namely financial services business and corporate consulting business.
Headquartered in Hong Kong, it has been establishing an extensive financial network in both Hong Kong and the Mainland China. Its clients are mainly corporations in Asia. With its profound experience, it is proficient at seeking out the best solutions for clients that provide the most optimal deal structures and investment returns.
About NOIZ
Established in 2018 and headquartered in Hong Kong, NOIZChain Limited ("NOIZ"), is a Blockchain-as-a-Service ("BaaS") company that aims to make blockchain technology widely available for every business and to drive blockchain into mass adoption and commercialisation.
NOIZ values Environmental, Social, and Governance and has developed an environmental-friendly blockchain known as ''NOIZChain'' (''NOIZ Green Chain''), which adopts proof of capacity consensus mechanism that allows mining devices in the network to use the available hard drive space to decide mining rights and to validate transactions. It has also developed a Metaverse and an all-in-one digital wallet on the NOIZ Green Chain.
NOIZ provides tailor-made services to various industries covering international banks, insurance companies, art museums and advertising agencies and it is well prepared to expand its business in a fast-growing market.
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SOURCE Merdeka Financial Group Limited | https://www.kxii.com/prnewswire/2022/06/14/noiz-reaches-an-sales-agreement-with-merdeka-enhance-competitive-edge-blockchain-web30-development/ | 2022-06-14T12:53:38Z |
BOSTON (AP) — Andrew Wiggins’ critics always focused on what they thought he wasn’t.
Not driven enough to be the No. 1 pick in the draft, they said. Just not good enough to be an All-Star starter, they argued.
One more victory by the Golden State Warriors and all that will matter is what Wiggins is: an NBA champion.
“He’s shining on the brightest of stages in the playoffs. You can tell how much he’s enjoying it,” fellow All-Star Stephen Curry said Wednesday. “It’s just amazing to see things working out in his favor in terms of kind of dispelling all the narratives around him and who he is as a basketball player right in front of your eyes.”
The Warriors have won two straight games to take a 3-2 lead into Game 6 on Thursday, and Wiggins is as big a reason as any. The forward from Canada had 17 points and a career-high 16 rebounds in Game 4, then followed that with 26 points and 13 boards.
Wiggins had recorded consecutive double-doubles just once in his career before doing it in the two biggest games he’s ever played.
“It’s always great being able to showcase what you can do, what you worked for,” Wiggins said. “So I’m just happy to be able to be here on the biggest stage and help my team win.”
Even those who wanted to dismiss Wiggins had to concede he could score. The No. 1 pick in the 2014 draft averaged 16.9 points when he won Rookie of the Year honors, and he never scored fewer than 17 per game again. But that rarely translated to winning, with Minnesota only making one playoff appearance while he was there, and it was easy to wonder what there was to Wiggins’ game besides the points.
Turns out, there’s a lot.
Coach Steve Kerr is surprised by how well Wiggins rebounds. On defense, the 6-foot-7 Wiggins has taken on the tough assignments, doing his best to contain Dallas All-Star Luka Doncic in the Western Conference finals and now taking his turns on Celtics swingmen Jayson Tatum and Jaylen Brown.
It’s a versatility the Warriors say they knew was there, no matter how much it went unnoticed by others.
“He’s taken on every challenge that we have thrown in front of him, and that’s been huge,” Draymond Green said. “And we need him to do that for one more win.”
Skepticism about Wiggins followed him to the NBA after he managed just four points in his final college game, when Kansas was upset by Stanford in the 2014 NCAA Tournament. He took only six shots, a lackluster effort that created questions about how hard he was willing to work when things weren’t coming easily.
But Green said he was assured by Tom Thibodeau, the current Knicks coach who guided the Timberwolves to the lone postseason appearance with Wiggins, that the Warriors would love how hard Wiggins defends and competes.
They had acquired Wiggins in February 2020 along with a first-round pick when they dealt D’Angelo Russell to Minnesota. Wiggins played well enough to be voted to start his first All-Star Game this season, though even that didn’t earn him accolades that had been missing. Wiggins was viewed as a player who had been miscast as a No. 1 option in Minnesota, and the reason he was playing well for Golden State was because he didn’t have that burden on a team led by Curry.
Yet when Curry struggled in Game 5, missing all nine 3-point attempts, Wiggins looked every bit the part of main man.
Curry will likely still be the NBA Finals MVP if the Warriors win the series. But Wiggins has at least made it a discussion instead of a foregone conclusion.
“It’s amazing what you do with opportunity,” Curry said. “Take away the comparisons, the narratives around him as a No. 1 pick, what everybody wanted him to be, his first six years in the league looked like. There’s a reason we wanted him here. There’s a reason that trade made sense for us. There was a high hope that he would be able to figure it out at this level in terms of taking his scoring ability, his athleticism, his defensive potential, just taking it to another notch.”
___
More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/winning-wiggins-warriors-all-star-shining-in-nba-finals/ | 2022-06-16T16:03:03Z |
KNOXVILLE, Tenn., Aug. 17, 2022 /PRNewswire/ -- Fall flavors are making their debut and this year, Pilot Flying J guests can savor a little 'Déjà brew' with the return of Cinnabon pumpkin spice cappuccino and bourbon pecan drip coffee, fan favorites from 2021.
"I don't know who needs to hear this, but the bourbon pecan coffee is the best coffee on the road," raved Adam K., a Pilot Flying J guest who first tried the limited time coffee last fall.
Knowing its guests go nuts for the bourbon pecan coffee, the travel center network is introducing a new southern pecan cold brew with all-natural flavors and the perfect touch of nutty sweetness. Additional fall offerings include a special edition, single origin, bean-to-cup coffee called Machu Picchu, Peru, and a pumpkin spice creamer to keep any cup perfectly pumpkin. These limited time fall flavors will be available at more than 650 participating Pilot and Flying J travel centers starting September 6 through October until supplies last.
"This fall, we are branching out and going beyond pumpkin with several autumn-inspired coffees to keep you going during your travels," said Jonathan Braatvedt, VP of food and beverage for Pilot Flying J. "The bourbon pecan was a hit, and we are excited to bring it back along with the classics and some new flavors so there is something for everyone to enjoy."
Guests can discover their new favorite autumn-inspired coffee and save with the myRewards PlusTM app, which includes weekly deals and discounts to help them go further on everything from gas to beverages. Now through October 31, myRewards PlusTM members can save 10 cents on every gallon of gas at participating Pilot and Flying J travel centers.* Members can also save on their daily coffee run with a $1 Any Size Coffee deal lasting through August 21.
To access these offerings and more deals, or to find the nearest Pilot or Flying J travel center, download the myRewards PlusTM app.**
*Data rates may apply. Participating locations only. Void where prohibited (not valid in Wisconsin and New Jersey). Other terms and conditions may apply. Visit pilotflyingj.com/rewards for details.
**Data rates may apply. Participating locations only. Other terms and conditions may apply.
About Pilot Flying J
Pilot Travel Centers LLC ("Pilot Flying J"), the largest network of travel centers in North America, is committed to connecting people and places with comfort, care, and a smile at every stop. The Pilot Flying J travel center network includes over 750 locations in 44 states and six Canadian provinces with more than 680 restaurants, 75,000 truck parking spaces, 5,300 deluxe showers, 6,200 diesel lanes and offers truck maintenance and tire service through Southern Tire Mart at Pilot Flying J. Details on locations, amenities and rewards are available in the myRewards PlusTM app. More information on Pilot Flying J is available at www.pilotflyingj.com.
Pilot Flying J is part of the Pilot Company family of brands. Founded in 1958 and headquartered in Knoxville, Tennessee, Pilot Company is currently ranked No. 7 on Forbes' list of America's Largest Private Companies. For additional information about Pilot Company, its 28,000 team members and commitment to giving back, visit www.pilotcompany.com.
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SOURCE Pilot Flying J | https://www.kxii.com/prnewswire/2022/08/17/go-nuts-pilot-flying-js-fall-coffee-lineup/ | 2022-08-17T14:31:00Z |
BEIJING, April 8, 2022 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced that it will report its financial results for the third quarter ended February 28, 2022, before the U.S. market opens on April 26, 2022. New Oriental's management will host an earnings conference call at 8 AM on April 26, 2022, U.S. Eastern Time (8 PM on April 26, 2022, Beijing/Hong Kong Time). Participants can join the conference using the below options:
Dialling-in to the conference call:
Please register in advance of the conference, using the link provided below. Upon registering, you will be provided with participant dial-in numbers, passcode and unique registrant ID.
Conference call registration link: http://apac.directeventreg.com/registration/event/7678797. It will automatically direct you to the registration page of "New Oriental Third Fiscal Quarter 2022 Earnings Conference Call" where you may fill in your details for RSVP. If it requires you to enter a participant conference ID, please enter "7678797".
In the 10 minutes prior to the call start time, you may use the conference access information (including dial in number(s), direct event passcode and registrant ID) provided in the confirmation email received at the point of registering.
Joining the conference call via a live webcast:
Additionally, a live and archived webcast of the conference call will be available at http://investor.neworiental.org.
Listening to the conference call replay:
A replay of the conference call may be accessed by phone at the following number until May 4, 2022:
About New Oriental
New Oriental is a provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. New Oriental's program, service and product offerings mainly consist of test preparation, language training for adults, education materials and distribution, online education, and other services. New Oriental is listed on NYSE (NYSE: EDU) and SEHK (9901.SEHK), respectively. New Oriental's ADSs, each of which represents one common share. The Hong Kong-listed shares are fully fungible with the ADSs listed on NYSE.
For more information about New Oriental, please visit http://www.neworiental.org/english/.
Contacts
For investor and media inquiries, please contact:
In China:
Ms. Sisi Zhao Ms. Rita Fong
New Oriental Education and Technology Group Inc. FTI Consulting
Tel: +86-10-6260-5568 Tel: +852 3768 4548
Email: zhaosisi@xdf.cn Email: rita.fong@fticonsulting.com
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SOURCE New Oriental Education and Technology Group Inc. | https://www.wibw.com/prnewswire/2022/04/08/new-oriental-report-third-quarter-2022-financial-results-april-26-2022/ | 2022-04-08T11:48:18Z |
KHIMKI, Russia (AP) — Prosecutors asked a Russian court Thursday to convict American basketball star Brittney Griner and sentence her to 9 1/2 years in prison at closing arguments in her drug possession trial.
The trial neared its end nearly six months after Griner’s arrest at a Moscow airport in a case that has reached the highest levels of U.S.-Russia diplomacy, with Washington proposing a prisoner exchange. Under Russian law, the 31-year-old Griner faces up to 10 years in prison if convicted.
Although a conviction is all but certain, given that Russian courts rarely acquit defendants and Griner has admitted to having vape cartridges with cannabis oil in her luggage, judges have considerable latitude on sentencing.
Lawyers for the Phoenix Mercury center and two-time Olympic gold medalist have pursued strategies to bolster Griner’s contention that she had no criminal intent and that the canisters ended up in her luggage due to hasty packing. They have presented character witnesses from the Russian team that she plays for in the WNBA offseason and written testimony from a doctor who said he prescribed her cannabis for pain treatment.
Griner lawyer Maria Blagovolina argued that Griner brought the cartridges with her to Russia inadvertently and only used cannabis to treat her pain from injuries sustained in her career. She said she used it only in Arizona, where medical marijuana is legal.
She emphasized that Griner was packing in haste after a grueling flight and suffering from the consequences of COVID-19. Blagovolina also pointed out that the analysis of cannabis found in Griner’s possession was flawed and violated legal procedures.
Blagovolina asked the court to acquit Griner, noting that she had no past criminal record and hailing her role in “the development of Russian basketball.”
Another defense attorney, Alexander Boykov, also emphasized Griner’s role in taking her Yekaterinburg team to win multiple championships, noting that she was loved and admired by her teammates.
He told the judge that a conviction would undermine Russia’s efforts to develop national sports and make Moscow’s call to depoliticize sports sound shallow.
Boykov added that even after her arrest, Griner won the sympathy of both her guards and prison inmates, who supported her by shouting, “Brittney, everything will be OK!” when she went on walks at the jail.
Prosecutor Nikolai Vlasenko insisted that Griner packed the cannabis oil deliberately, and he asked the court to hand Briner a fine of 1 million rubles (about $16,700) in addition to the prison sentence.
It’s not clear when the verdict will be announced. If she does not go free, attention will turn to the high-stakes possibility of a prisoner swap.
Before her trial began in July, the State Department designated her as “wrongfully detained,” moving her case under the supervision of its special presidential envoy for hostage affairs, effectively the government’s chief hostage negotiator.
Then last week, in an extraordinary move, U.S. Secretary of State Antony Blinken spoke to his Russian counterpart, Sergey Lavrov, urging him to accept a deal under which Griner and Paul Whelan, an American imprisoned in Russia on an espionage conviction, would go free.
The Lavrov-Blinken call marked the highest-level known contact between Washington and Moscow since Russia sent troops into Ukraine more than five months ago. The direct outreach over Griner is at odds with U.S. efforts to isolate the Kremlin.
People familiar with the proposal say it envisions trading Griner and Whelan for the notorious arms trader Viktor Bout, who is serving a prison sentence in the United States. It underlines the public pressure that the White House has faced to get Griner released.
White House Press Secretary Karine Jean-Pierre said Monday that Russia has made a “bad faith” response to the U.S. government’s offer, a counteroffer that American officials don’t regard as serious. She declined to elaborate.
Russian officials have scoffed at U.S. statements about the case, saying they show a disrespect for Russian law. They remained poker-faced, urging Washington to discuss the issue through “quiet diplomacy without releases of speculative information.” | https://cw33.com/sports/ap-sports/closing-arguments-in-brittney-griners-drug-case-in-russia/ | 2022-08-04T13:08:59Z |
Scholar-Athlete of the Week: Washburn Rural’s Zach Sulzen-Watson
Published: Apr. 20, 2022 at 10:19 PM CDT|Updated: 1 hour ago
TOPEKA, Kan. (WIBW) - This week’s Kaw Valley Bank Scholar-Athlete of the Week is Washburn Rural’s Zach Sulzen-Watson.
Sulzen-Watson competes in track and field and powerlifting for the Junior Blues.
He maintains a 4.06 GPA and takes part in National Honor Society, Freshman Mentor Program and Robotics Club.
Up next, he plans to attend Emporia State to study engineering.
To nominate your Scholar-Athlete, click here.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/21/scholar-athlete-week-washburn-rurals-zach-sulzen-watson/ | 2022-04-21T04:24:37Z |
Joke turns into nearly $2 million in scholarships for high school senior
JACKSON, Miss. (WLBT/Gray News) – A mother in Mississippi told her daughter she wasn’t paying for college – a joke that turned into nearly $2 million in scholarships for a driven, 4.3 GPA high school senior.
“I stopped announcing after I hit a million dollars back in February,” Iyanna Nichols told WLBT.
Nichols is part of a dual enrollment program and will graduate with an associate’s degree from Tougaloo College on Sunday. She’ll graduate from Jim Hill High School in a few weeks.
“I was going to my high school classes, checking in with my teachers in the morning. And then later in the day, I will check in with my college professors, and I just juggle work for both,” she said.
Nichols says pushing herself is the only culture she’s ever known.
“I think my mom really set the standard for me. I was born when she was 22. So, she was always encouraging me to work hard and to push myself because she believed that I could do anything,” Nichols said.
Persistence is a common trait among the Nichols family. Nichols said everyone in her family is competitive.
“We’ve always had competitions about something,” Nichols smiled. “The ongoing joke is that everyone in my family is athletic except for me, so we find ways of connecting and competing with each other. It’s how we bond, I think.”
When Nichols’ mom joked a year ago that she wouldn’t pay for college, the high school senior started her own competition to reach $1 million in scholarships.
“I took that joke to heart, and I didn’t want my parents to pay for college,” Nichols said. “I mean, I felt like I could do it. Scholarships are everywhere, so I just started applying to historically black colleges and universities and keeping a spreadsheet.”
Months later - like any other goal - it was set and crushed. Now, the only immediate decision is where to finish college.
“I don’t know where I’m currently going, but I do have three final choices,” Nichols said.
Nichols, who loves working with children and is fascinated by human behavior, wants to be a child psychologist.
Copyright 2022 WLBT via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/29/joke-turns-into-nearly-2-million-scholarships-high-school-senior/ | 2022-04-29T17:55:57Z |
Best clothes for a summer commute
Now that you’re headed to the office in warm weather, you’re probably wondering what you should wear to stay cool and comfortable on the commute. And of course, you’ll want something stylish yet professional — which means your summer work wardrobe needs to tick a lot of boxes.
Whether you’re building a capsule summer work wardrobe or you want to spruce up your seasonal staples, there are plenty of commuter-friendly options. From lightweight blazers to sophisticated flats, the sky’s the limit.
What to know about clothes for your summer commute
Summer-commute layering
When it comes to commuting, it’s easy to find yourself feeling overheated or too cool — during the same trip. Layering is an easy way to make sure you’re always comfortable, no matter the temperature or weather.
- Cardigans: Lightweight cardigans, including relaxed duster styles, can be tied around the waist or packed away in a backpack or work tote when they’re not needed.
- Base layers: Tank tops and camisoles are thin base layers that add comfortable warmth beneath dress shirts or blouses.
- Shell pieces: Structured lightweight jackets and blazers can tie your look together, especially when you wear short or cropped tops. Rain jackets are also worth adding to a summer work wardrobe, particularly hooded styles.
Summer-commute comfort level
When you build your summer work wardrobe, choose styles that are comfortable during every leg of your journey.
- Stretch pants naturally flex with your body, including when you sit or bend.
- Breathable materials, such as cotton, keep you cool in stuffy trains and buses.
- Flowy staples, including dress blouses and wide-leg pants, boost airflow around your body.
- Button-up sleeves can be worn rolled up or down, depending on how cool or warm you’d like to be.
How to accessorize summer work clothes
Minimalism works well for accessorizing summer work styles. Lightweight accessories, including huggie earrings and thin chain necklaces, are simple yet elegant — but they’re not your only jewelry options. Some people prefer simple outfits and give them pizzazz with statement necklaces, earrings or bracelets.
Besides jewelry, you can also wear a hat on your summer commute. Not only does it top off your look, it also functions as sun protection by shading your face and neck. Panama and fedora hats are both polished styles that complement summer work outfits, ranging from casual to business-casual looks.
Summer footwear for work
Between walking and standing, you spend a fair amount of time on your feet during a summer commute. Although high heels add a wow factor to outfits, they’re far from practical for commuting. Instead, low-heeled slingback pumps, dress sandals and loafers are comfortable choices that don’t compromise on style.
If your office has a casual dress code where sneakers are acceptable, opt for lightweight, breathable styles with cushioning.
Best looks for a summer commute
Calvin Klein Textured Roll-Tab Button-Down Shirt
Utility shirts, such as this popular Calvin Klein style, are summer-commute favorites for their relaxed fits and roll-up sleeves. The flowy style lets plenty of air pass through, and it leaves enough room for base layers, such as camisoles.
Sold by Macy’s
Alfani Tummy-Control Skinny Pants in Blue Geo Jacquard
Swap your traditional dark dress pants for this chic geometric style. The pull-on style is made with blended stretch materials, so it’s a comfortable choice for prolonged sitting. It coordinates well with light-colored tops, including whites and pastels.
Sold by Macy’s
Aurielle 3-Pair Polished Huggie Hoop Earrings
If you’re looking for a simple, no-fuss pair of earrings, this huggie set is a compelling option. Available in silver- and gold-tone, they complement accessories in the same finish.
Sold by Kohl’s
Karen Scott Draped Open-Front Cardigan
Lightweight and flowy, this open-front cardigan is as cozy as loungewear since it’s made with a cool-to-touch rayon blend. It’s available in 10 solid colors, including Berry Ice, a favorite pink shade for summer 2022.
Sold by Macy’s
Simply Vera Vera Wang Ruffle Neck Tank
This ruffle-neck tank fits under virtually any shell from structured blazers to button-down cardigans. The hemline is on the longer side, so it’s easy to tuck inside pants and skirt.
Sold by Kohl’s
Michael Kors Lillie Moccasin Flat In Luggage
The popular Michael Kors flat is a popular choice for business casual outfits. The comfortable style has a flexible rubber outsole and a seamless, chafe-free lining.
Sold by Macy’s
Charter Club Wide-Leg Sailor Pants
Wide-leg pants have been revived, and now, they’re making their way into work wear. This sailor-inspired style comes in four light colors that add a pop of brightness to your wardrobe.
Sold by Macy’s
Inc International Concepts Menswear Blazer in Dutch Canal
Swap your heavy blazer for this menswear-inspired blazer, which has garnered plenty of attention from stylists lately. The contemporary style features three-quarter sleeves to keep arms cool during the commute.
Sold by Macy’s
Alfani Tassel Pendant Necklace
If your summer work wardrobe needs an accessory lift, reach for this tassel pendant necklace. It can be worn with most necklines, and it coordinates well with simple gold- or silver-tone hoops and studs, as it is available in both finishes.
Sold by Macy’s
This lightweight fedora, an affordable investment, protects your face from the sun when you’re walking to and from the office. It has an inner adjustable band so you can find the right fit.
Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/apparel-br/what-to-wear-on-a-summer-commute/ | 2022-04-16T01:01:40Z |
Winter Weather Advisory issued April 4 at 10:30PM MDT until April 5 at 12:00PM MDT by NWS Riverton WY
* WHAT…Snow. Additional snow accumulations of 2 to 4 inches,
with the highest amounts in the southwestern mountains. Winds
gusting as high as 65 mph.
* WHERE…Yellowstone National Park.
* WHEN…Until noon MDT Tuesday.
* IMPACTS…Travel will be very difficult. Plan on very slippery
road conditions. Blowing snow will sharply restrict
visibilities.
Slow down and use caution while traveling.
The latest road conditions for the state you are calling from can
be obtained by calling 5 1 1. | https://localnews8.com/weather/alerts-weather/2022/04/04/winter-weather-advisory-issued-april-4-at-1030pm-mdt-until-april-5-at-1200pm-mdt-by-nws-riverton-wy-2/ | 2022-04-05T05:16:49Z |
LA JOLLA, Calif., July 13, 2022 /PRNewswire/ -- An interracial couple has filed a lawsuit against Fleming's Steakhouse in La Jolla, California, for racial discrimination. Mycheal McKillian and Denise Grimaldo, an African-American and Hispanic couple, allege that Fleming's Steakhouse deliberately served Mr. McKillian, the only African-American customer in the restaurant, an empty plate sprinkled with parsley instead of steak. According to McKillian, the server said: "You're probably used to a loud sizzle with your hot plate, but ours is silent. Enjoy." The bizarre service was followed by a story from the server about how he, at a different establishment, had spilled a drink on a "black guy", but the black guy did not act out. According to the couple, they were dumbfounded and did not know how to respond. According to McKillian: "Words can't express the humiliation I felt. No one should ever have to experience something like that. I can only pray that people can learn to come together and accept each other." According to the couple's attorney, Arthur Kim: "There is way too much racial hostility in our society today. Good people from all races need to affirm that we are brothers and sisters, not each other's enemies. That we are our brother's keeper." McKillian and Grimaldo are are represented by Arthur Kim of Arthur Kim Law Firm in Beverly Hills, California. The case is Mycheal McKillian, et al. v. Fleming's Prime Steakhouse & Wine Bar, et al. (San Diego Superior Court Case No. 37-2022-00026162-CU-CR-CTL).
Contact: Arthur Kim
Tel. (866) 582-1057
Email: akim@arthurkimlaw.com
SOURCE Arthur Kim Law Firm
Related Links
http://www.arthurkimlaw.com
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SOURCE Arthur Kim Law Firm | https://www.kxii.com/prnewswire/2022/07/13/interracial-couple-sues-flemings-steakhouse-la-jolla-california-racial-discrimination/ | 2022-07-13T16:06:36Z |
- FB2001 (Bofutrelvir) is a Coronavirus Mpro inhibitor, which exhibited potent anti-SARS-CoV-2 activity in vitro and in vivo
- Phase 1 results show FB2001 to be generally safe and well tolerated. No significant difference was observed between Chinese and American populations. Single-agent antiviral concentrations have been reached in the blood plasma and lung tissues without the need for pharmacokinetic enhancer, thus potentially minimizing the risk of drug interactions
- It significantly reduces coronavirus viral load in the lungs and brain of a murine model, the latter which may have clinical implications for the sequelae of the central nervous system of COVID-19. FB2001 is the first anti-COVID-19 drug to report antiviral activity in the brain
- The BRIGHT (Bofutrelvir in Global Hospitalized Patients) study, a Phase 2/3 trial that explores the utility of FB2001 in reducing the time to recovery in patients hospitalized due to COVID-19 has begun
ATLANTA, Aug. 8, 2022 /PRNewswire/ -- Frontier Biotechnologies, a biopharmaceutical company focused on the discovery, development and dissemination of innovative medicines that improve patient health, announced positive results from the Phase 1 clinical trial of its drug candidate, FB2001 – a small molecule inhibitor of coronavirus main protease (Mpro) – in healthy adult volunteers.
The data, presented today at the poster session of the 11th International Conference on Emerging Infectious Diseases (ICEID), showed FB2001 to be safe and well tolerated among trial participants. Adverse events reported during the trial were mostly mild-to-moderate in severity, with no significant differences observed between participants in the Chinese and American study centers.
"We are pleased by the positive results from FB2001's phase 1 trial. It is a significant milestone for us and the healthcare community", said Dr CJ Wang, Chief Executive Officer of Frontier Biotechnologies. "This promising result will spur us on to strive for success in later-stage trials. We believe that the work done at Frontier Biotech can elevate our efforts in the fight against COVID-19 in China and abroad."
A total of 120 participants (80 Whites in the US and 40 Chinese in China) received intravenous infusions of FB2001 at either single doses from 5 mg to 400 mg, or multiple doses of 30 mg to 400 mg daily for 5 days. The key findings from the study are as follows:
- FB2001 was safe and well tolerated up to 400 mg per day
- Without using a pharmacokinetic enhancer, FB2001 exhibited plasma and lung drug concentration above the in vitro antiviral EC50 value.
- No significant difference was observed between Chinese and American populations.
The results from the Phase 1 trial build on preclinical in vivo data of FB2001, where the drug was observed to reduce viral loads in both the lung and brain tissues of mice. Pharmacokinetic data obtained from preclinical studies showed significantly higher concentration of FB2001 in the lung compared to plasma. "FB2001 has demonstrated in vivo antiviral activity in the lung and brain tissue of SARS-CoV-2 mouse model without the need for pharmacokinetic boosting. Therefore, it holds great promise as a treatment for acute COVID-19 as well as long-COVID, both of which will be evaluated in further follow-up studies", said Dr Jay Lalezari, MD, Medical Director of Quest Clinical Research in San Francisco.
The current intravenous formulation of FB2001 is ideal for hospitalized patients with its rapid onset of action and is suited for patients with dysphagia or other problems with swallowing. Working with clinical research organizations, regional regulatory agencies, and local clinical centers, Frontier Biotechnologies has started a pivotal Phase 2/3 study (BRIGHT trial) to enroll about 1,200 hospitalized patients in hundreds of clinical centers worldwide. "The phase 1 data were really promising", said Dr Michael Hu, Chief Medical Officer of Frontier Biotechnologies, "and we are confident to carry out the pivotal trial to explore the utility of the drug in reducing the time to recovery in hospitalized patients due to COVID-19."
Frontier Biotechnologies is also developing a pulmonary formulation of FB2001 that could be used in out-patient setting for the treatment of mild Covid-19, as well as for post exposure prophylaxis. When inhaled directly into the respiratory tract and lungs, the tissue concentration of FB2001 is much higher than that in plasma; hence, the onset of action and viral clearance could potentially be faster than that of oral therapy.
About Frontier Biotechnologies
Founded in 2013, Frontier Biotechnologies Inc. ("Frontier Biotech") is a commercial-stage biopharmaceutical company headquartered in China with global vision and world-class competitiveness. Frontier Biotech is committed to discovering, development, manufacturing, and commercialization of innovative medicines that improve patient health.
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SOURCE Frontier Biotechnologies | https://www.wibw.com/prnewswire/2022/08/08/frontier-biotechnologies-announces-positive-phase-1-results-its-first-coronavirus-main-protease-mpro-small-molecule-inhibitor-laying-foundation-treatment-acute-long-covid/ | 2022-08-08T16:53:10Z |
ATLANTA, May 31, 2022 /PRNewswire/ -- The Board of Trustees (the "Board") of each of Invesco High Income Trust II and Invesco Senior Income Trust (each, a "Fund" and collectively, the "Funds") today announces the payment of the following dividends:
Effective August 1, 2018, the Board of Invesco High Income Trust II (NYSE: VLT) approved a Managed Distribution Plan (the "VLT Plan") for the Fund, whereby the Fund increased its monthly dividend to common shareholders to a stated fixed monthly distribution amount based on a distribution rate of 8.5 percent of the closing market price per share as of August 1, 2018, the date the VLT Plan became effective. The VVR Plan and the VLT Plan are collectively referred to herein as the "Plans."
The Board of Trustees (the "Board") of Invesco Senior Income Trust (NYSE: VVR) (the "Fund") approved an increase in the monthly distribution amount payable to common shareholders pursuant to the Fund's Managed Distribution Plan (the "Plan"). Effective April 1, 2022, the Fund will pay its monthly dividend to common shareholders at a stated fixed monthly distribution amount of $0.026 per share, an increase from a stated fixed monthly distribution amount of $0.021 per share.
The following tables set forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year to date from the sources indicated. You should not draw any conclusions about the Funds' investment performance from the amount of this distribution or from the terms of the Plans. All amounts are expressed per common share. Each Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution is estimated to be a return of capital. A return of capital may occur, for example,
1 A portion of this distribution is estimated to be from a return of principal rather than net income. The Section 19 notice referenced below provides more information and can be found on the Invesco website at www.invesco.com.
when some or all of the money that you invested in a Fund is paid back to you. A return of capital distribution does not necessarily reflect the Funds' investment performance and should not be confused with "yield" or "income." The amounts and sources of distributions reported in the 19(a) Notice are only estimates and are not being provided for tax reporting purposes. The actual
amounts and sources of the amounts for tax reporting purposes will depend on each Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes.
The monthly distributions are based on estimates and terms of each Fund's Plan. Monthly distribution amounts may vary from these estimates based on a multitude of factors. Changes in portfolio and market conditions may cause deviations from estimates. These estimates should not be taken as indication of a Fund's earnings and performance. The actual amounts and its sources may be subject to additional adjustments and will be reported after year end.
Each Fund's Performance and Distribution Rate Information disclosed in the table below is based on the Fund's net asset value per share (NAV). Shareholders should take note of the relationship between the Fiscal Year-to-date Cumulative Total Return with the Fund's Cumulative Distribution Rate and the Average Annual Total Return with the Fund's Current Annualized Distribution Rate. Each Fund's NAV is calculated as the total market value of all the securities and other assets held by the Fund minus the total liabilities, divided by the total number of shares outstanding. NAV performance may be indicative of a Fund's investment performance. The value of a shareholder's investment in each Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Funds' Performance and Distribution Rate Information:
In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, each Fund will provide its shareholders of record on the record date with a 19(a) Notice disclosing the sources of its dividend payment when a distribution includes anything other than net investment income.
The Plans will be subject to periodic review by each Fund's Board, and a Fund's Board may terminate or amend the terms of its Plan at any time without prior notice to the Fund's shareholders. The amendment or termination of a Fund's Plan could have an adverse effect on the market price of such Fund's common shares.
The amount of dividends paid by each Fund may vary from time to time. Past amounts of dividends are no guarantee of future dividend payment amounts.
Investing involves risk and it is possible to lose money on any investment in the Funds.
For additional information, shareholders of the closed end fund may call Invesco at 800-983-0903.
About Invesco Ltd.
Invesco Ltd. is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive, and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $1.5 trillion in assets on behalf of clients worldwide as of March 31, 2022.
For more information, visit www.invesco.com.
Invesco Distributors, Inc. is the US distributor for Invesco Ltd. It is an indirect, wholly owned, subsidiary of Invesco Ltd.
Note: There is no assurance that a closed-end fund will achieve its investment objective. Shares are bought on the secondary market and may trade at a discount or premium to NAV. Regular brokerage commissions apply.
NOT A DEPOSIT l NOT FDIC INSURED l NOT GUARANTEED BY THE BANK l MAY LOSE VALUE l NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
CONTACT: Jeaneen Terrio 212-278-9205 Jeaneen.Terrio@invesco.com
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SOURCE Invesco Ltd. | https://www.mysuncoast.com/prnewswire/2022/05/31/invesco-closed-end-funds-pay-dividends/ | 2022-05-31T13:40:32Z |
Officials search for pair accused of stripping woman at gunpoint, stealing her car
TOPEKA, Kan. (WIBW) - Shawnee Co. officials are on the hunt for two people they believe stripped a woman of her clothes at gunpoint, stole her car and left her in the middle of the road.
The Shawnee County Sheriff’s Office says officials are attempting to locate Nicole R. A. Fox, 41, and Landon D. Pike, 20, both of Topeka, after an aggravated robbery on Saturday, July 16, in the 11000 block of SW 29th St.
Just before 8 p.m. on July 16, the Sheriff’s Office said deputies were called to the area with reports of an unknown issue. When they arrived, they found a 27-year-old woman had been taken at gunpoint from within Topeka city limits to the current location.
During that time, officials said the suspects had allegedly hit the victim on the head with a gun, threatened her and stripped her of her outer clothing. The victim’s black 2017 Chevrolet Malibu was also stolen while the woman was left in the middle of the road.
The Sheriff’s Office said a good samaritan found the victim walking in the roadway and called 911.
When officials arrived, they said the woman was given medical attention on the scene by AMR and was then rushed to a local hospital with non-life-threatening injuries.
Throughout the investigation, the Sheriff’s Office said the suspects have been identified as Fox and Pike. Anyone with information about their whereabouts should call the Sheriff’s Office at 785-251-2200 or the Shawnee Co. Crime Stoppers at 785-234-0007 immediately.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/28/officials-search-pair-accused-stripping-woman-gunpoint-stealing-her-car/ | 2022-07-28T17:10:49Z |
Other distinguished alumni, including Entrepreneur and Philanthropist Idan Ofer and Minister of Economy and Industry of Israel Orna Barbivay, will join Braverman on stage.
HAIFA, Israel, June 16, 2022 /PRNewswire/ -- Inna Braverman, Founder and CEO of Eco Wave Power Global AB (publ) (Nasdaq Capital Market: WAVE) ("Eco Wave Power'' or the "Company"), has been selected as a recipient of an honorary fellowship from the University of Haifa, the largest research university in northern Israel. Braverman is the youngest person in the history of the university to receive such honorary fellowship.
Braverman, a University of Haifa alumni, will receive the honorary fellowship alongside three other recipients during the University of Haifa's 50th Board of Governor's Gala on June 20 at Caesarea National Park.
Also receiving honorary fellowships will be:
- Maj. Gen. Orna Barbivay, Minister of Economy and Industry
- Maj. Gen. Amir Eshel, Director General of the Ministry of Defense
- Mr. Idan Ofer, Philanthropist and Entrepreneur.
"It is really touching to be recognized with this distinguished honorary fellowship from my alma mater," said Braverman, who had founded Eco Wave Power when she was just 24. "To be in the same company as these distinguished leaders is truly humbling. I am also extremely proud to be a University of Haifa alumnus, as the university recently became the first Israeli University to adopt the United Nations' Sustainable Development Goals (SDGs), showing its true commitment to sustainability and the future of our planet."
"University of Haifa puts a strong emphasis on social and environmental sustainability, in accordance with the United Nations' Sustainable Development Goals (SDGs). The University, and its leading researchers are fully committed to act according to such goals, and we hope to inspire our students and alumni to peruse the same principles. As a result, we are extremely proud of Inna Braverman, for founding Eco Wave Power, which is working towards wave energy commercialization. We find Inna's work to be truly admirable and we wish her best of luck in her ambitious goal of changing the world, one wave at time," said Prof. Ron Robin, University of Haifa president.
The 50th Board of Governors Gala, titled "Preserving the Past, Protecting the Future," will feature the award ceremony, as well as a special joint concert with multi-platinum recording artist Rami Kleinstein and Pablo Rosenberg. The university will also honor Elie Horn, a noted Brazilian businessman and philanthropist, with an honorary doctorate at the gala.
About Eco Wave Power Global AB (publ)
Eco Wave Power is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from the ocean and sea waves.
Eco Wave Power is recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and was labelled as an "Efficient Solution" by the Solar Impulse Foundation. Eco Wave Power received funding from the European Union Regional Development Fund, Innovate UK and the European Commission's Horizon 2020 framework program. The Company has also received the "Global Climate Action Award" from the United Nations.
Eco Wave Power's common American Depository Shares (WAVE) are traded on the Nasdaq Capital Market. More info: www.ecowavepower.com
Information on, or accessible through, the websites mentioned above does not form part of this press release.
For more information, please contact:
Inna Braverman, CEO
Inna@ecowavepower.com
+97235094017
For additional investor/media inquiries, please contact:
Investor Contact:
Matt Chesler, CFA
FNK IR
+1.646.809.2183
wave@fnkir.com
Media Inquiries:
Jacob Scott, Vectis Strategies
+1.412.445.7719
jscott@vectisstrategies.com
About University of Haifa
The University of Haifa, the largest research university in northern Israel, is the first Israeli university to adopt the UN Sustainable Development Goals.
The University's distinctive mission is to foster academic excellence in an atmosphere of tolerance and multiculturalism. Our faculty and student population is unique in its composition. Here, Jews, Arabs, Druze, Haredi and secular students, new immigrants and military and security personnel come together to study, teach and learn.
Driven by unusual crossings between fields of research and social responsibility, the University of Haifa is creating a new learning environment, a stronger community, and a better Israeli society.
This information was brought to you by Cision http://news.cision.com
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SOURCE EWPG Holding AB (publ) | https://www.kxii.com/prnewswire/2022/06/16/inna-braverman-founder-ceo-eco-wave-power-receive-honorary-fellowship-university-haifa/ | 2022-06-16T12:01:29Z |
MIAMI, Aug. 9, 2022 /PRNewswire/ -- Club Med, the pioneer of the all-inclusive concept, announced today new details on the continued enhancement of their current ski offerings, operating more than 20 mountain resorts in Canada, the French, Italian, and Swiss Alps, Japan, and China.
As part of Club Med's ambition to open 17 new resorts and complete 13 renovations or property extensions by 2024, the brand will debut three new mountain resorts in December 2022. These openings further establish Club Med as the leading global ski operator. New resorts include:
- Club Med Tignes, French Alps
- Club Med Val d'Isère, French Alps
- Club Med Kiroro, Hokkaido Japan
Additionally, Club Med announced an exclusive ski offer of up to 45% savings for travelers booking ski vacations – whether visiting a new ski property or one of Club Med's existing mountain resorts throughout Canada and the Alps.
Exclusive Savings on Popular Club Med Ski Getaways
Americans are already planning their upcoming ski vacations, with bookings for Club Med's all-inclusive ski resorts in Canada and the Alps currently trending more than 90% higher versus 2021.
An all-inclusive ski getaway with Club Med can provide a savings upwards of $9,000 compared to a do-it-yourself ski vacation. Travelers looking to save even more can take advantage of Club Med's Ski Getaways Sale, offering up to 45% off all-inclusive mountain escapes in Canada and the Alps. Compared to a do-it-yourself ski trip, Club Med ensures a worry-free with all-inclusive ski packages including accommodations, lift tickets, group ski and snowboard lessons, Children's' Clubs for ages 4-17, après-ski activities, and all-day gourmet dining.
The Ski Getaways Sale is open for bookings now through October 12, 2022, with travel dates from December 2, 2022 to April 9, 2023 for Club Med Québec and November 20, 2022 to May 6, 2023 for Club Med resorts in the Alps. Kids under 4 stay for free.
The Club Med All-Inclusive Difference
With more than 20 mountain resorts across the globe in some of the world's top ski domains, Club Med's all-inclusive ski vacations allow families to enjoy a hassle-free ski vacation with:
- Club Med's Easy Arrival service where, pre-vacation, families can sign up for childcare, book excursions, and rent ski equipment before they even arrive at Club Med. Following check-in at the resort, all ski gear will be waiting in personal lockers, creating a seamless rental experience that maximizes time spent on the slopes.
- Club Med's all-inclusive offerings which include accommodations, ski-in/ski-out access (at select resorts), lift tickets, entertainment for all ages, and locally inspired gastronomy (think fondue, French cheeses, and cured meats for adults, and kid-favorites like gourmet pizza, pasta, and chocolate-y dessert creations!).
- Group ski and snowboard lessons for all levels, which is included and highly customized, especially for kids 4-17 years old. Under supervision of trained G.O.'s, kids are first introduced to ski and then depending on their skill level, enjoy customized ski lessons through a curated weekly schedule while parents embark on ski lessons based on their skill-set, as well.
- Engaging and imaginative activities through Club Med's dedicated Children's Clubs, great for kids to enjoy while parents enjoy ski lessons, après-ski, or wellness experiences. Plus, new Mini Club Med + programming (ages 4-10) offers enhanced activities designed to help children harness traits like courage, self-confidence, creativity, and happiness. Activities include "Happiness Builders", where children practice random acts of kindness by leaving kind messages on guest doorknobs, "Nature Detective", an outdoor treasure hunt designed to learn about the native environment, and "Happiness Expo", sharing time with parents on the best moments of their day.
Club Med's All-Inclusive Mountain Resorts
For an unforgettable family vacation, book an upcoming getaway at one of Club Med's recently opened or soon-to-open mountain resorts including:
Club Med Québec, Canada
Opened December 2021. This four-season, all-inclusive mountain resort is Club Med's first in Canada, just 90 minutes from Québec City. With sweeping views of the scenic St. Lawrence River and surrounding mountains, the resort appeals to families, couples, large groups, and solo travelers alike with over 300 rooms, including a private Exclusive Collection (5-star) luxury space, a variety of locally inspired culinary experiences, and unlimited ski-in/ski-out access with activities like ice-skating, guided hikes, and group ski and snowboard lessons, as well as destination excursions like dog sledding and sugar shack visits. While kids enjoy time in their respective Children's Club, adults can relax in an expansive wellness area with a 25-yard heated pool, an outdoor jacuzzi, and Nordic-inspired spa overlooking the river.
Club Med Tignes, French Alps
Opening December 2022. A historic destination that has been home to Club Med since 1958, Tignes Val Claret is an outdoor sports lover's paradise located at an altitude of 7,053 meters. The brand-new Club Med Tignes resort will be in the center of the liveliest part of town, making it a hotspot for winter sports and nightlife. The resort will feature 430 rooms, including 25 Exclusive Collection (5-Star) suites, ski-in/ski-out access, two restaurants, a full spa and wellness salt wall, the largest indoor pool in the Alps, a full childcare program, and a ski domain suitable for every level.
Club Med Val d'Isère, French Alps
Opening December 2022. Club Med Val d'Isère is undergoing a complete transformation and will reopen as the brand's first Exclusive Collection (5-star) mountain resort this December. As an Exclusive Collection property, Club Med Val d'Isère will provide guests with personalized service and elevated experiences including a dedicated onsite team, nightly Champagne service, and 216 brand-new spacious rooms designed with luxury fixtures and finishes. Located in the Tarentaise Valley at an altitude of 6,070 feet, this authentic village is home to an internationally recognized ski mecca. The resort will redefine mountain luxury with ski-in/ski-out access, gourmet dining, immersive and engaging childcare programs starting at age 4, and a welcoming spa and yoga program.
Club Med Kiroro, Hokkaido Japan
Opening December 2022. Renowned for its generous snow cover and unspoiled natural environment, the coveted ski destination of Hokkaido is home to Club Med's newest four-season mountain resort in Asia. The 400-room Club Med Kiroro will provide a one-of-a-kind snow experience offering guests access to some of the best powder snow in the world, with long ski seasons and fresh ski tracks. The elevated Club Med mountain vacation experience will offer guests unlimited ski-in/ski-out access to an untouched ski domain with 23 courses, and activities like snowboarding lessons, group ski, and snowshoe hikes. Indoors, guests can enjoy nature centers, a dedicated kid's zone with highly-customized Children's Clubs, a gallery showcasing works from local artists, and culinary delights from local breweries, wineries, and bakeries.
Additional Club Med Alpine Ski Resorts
Club Med ski resorts throughout the French, Italian, and Swiss Alps, perfectly blend an elevated mountain experience with the value of an all-inclusive. All offer ski-in/ski-out access for maximum time on the slopes. Resort highlights include:
- Club Med La Rosière: Following a successful inaugural ski season in 2021, this refined resort welcomes skiers for a second year with an aesthetic reflective of an Alpine chalet. Families, solo travelers, and couples alike can enjoy a variety of locally inspired culinary experiences, daily entertainment, and included activities like skiing, snowboarding, Nordic walking, and yoga workshops.
- Club Med Les Arcs Panorama: Situated amongst the alpine forest within the French Alps, Les Arcs Panorama is a 4-Trident (4 Star) resort with an Exclusive Collection luxury space. The resort was built to fit the curves of the mountainous terrain and boasts a perfect view of the dramatic, soaring vistas. Club Med Le Arcs is a perfect family resort, featuring a full range of children's clubs, including the new Mini Club +, offering even more engaging, fun-filled, and educational activities that encourage children to make new friends, expand their imaginations, and experience the freedom of childhood.
- Club Med Grand Massif, French Alps: Just an hour from Geneva, Club Med Grand Massif provides the best of the traditional Club Med mountain resort experience, as well as Scandinavian-style chalets for a unique and elevated take on a Club Med getaway. Guests can immerse themselves in the destination by taking a gondola ride to the historic commune of Samoëns and experience the village market with strolling through the picturesque village.
- Club Med Val Thorens, French Alps: At 7,545 feet, Club Med Val Thorens is situated at the highest altitude of all Club Med ski resorts. Located in the heart of the largest ski area on earth, and arguably the best ski station in the world, the resort is the ideal destination for adventurous skiers. Following a day on the slopes experience the resort's signature amenities including an indoor climbing wall, dinner in a yurt, and a rotating selection of high energy entertainment including DJ sets and circus performances.
Flexible Travel Policies for Added Peace of Mind
To ensure added flexibility and peace of mind for travelers, Club Med also offers: a flexible cancellation policy, where all bookings can be canceled for free up to 61 days prior to arrival and guests receive a full refund on the land portion of their stay; an Emergency Assistance program, where all guests traveling before December 31, 2023 will receive coverage for emergency medical expenses during their stay, including those related to COVID-19; and Safe Together protocols, enhanced hygiene and safety measures developed through a specialized team of doctors and professors.
For full details on the above policies, please visit www.clubmed.us/staywithconfidence.
For full details on Club Med's Ski Getaways Sale, please visit: https://www.clubmed.us/o/all-inclusive-ski-offer.
For images of the best of Club Med's ski resorts, please visit here.
About Club Med
Club Med, founded in 1950 by Gérard Blitz, is the pioneer of the all-inclusive concept, offering approximately 70 premium resorts in stunning locations around the world including North and South America, Caribbean, Asia, Africa, Europe and the Mediterranean. Each Club Med resort features authentic local style and comfortably upscale accommodations, superior sports programming and activities, enriching children's programs, gourmet dining, and warm and friendly service by its world-renown staff with legendary hospitality skills, an all-encompassing energy and diverse backgrounds.
Club Med operates in more than 30 countries and continues to maintain its authentic Club Med spirit with an international staff of more than 23,000 employees from more than 110 different nationalities. Led by its pioneering spirit, Club Med continues to grow and adapt to each market with three to five new resort openings or renovations per year, including a new mountain resort annually.
For more information, visit www.clubmed.us, call 1-800-Club-Med (1-800-258-2633), or contact a preferred travel professional. For an inside look at Club Med, follow Club Med on Facebook, Twitter, Instagram, and YouTube.
MEDIA CONTACT
QUINN PR
clubmed@quinn.pr
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SOURCE Club Med | https://www.mysuncoast.com/prnewswire/2022/08/09/shred-into-ski-season-with-club-meds-new-all-inclusive-ski-resorts-offerings/ | 2022-08-09T15:21:12Z |
NEW YORK, June 28, 2022 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced that John Berisford will assume a transitional role as executive advisor ahead of his departure from the Company in December 2022. In addition, he will continue to serve as Chairman of the Board of CRISIL. Berisford, previously President of S&P Global Ratings, has led S&P Global's Integration Management Office since the close of the Company's merger with IHS Markit in February 2022.
"John has been a transformative leader through a period of impressive growth and innovation for the Ratings business, and an invaluable colleague through the evolution of S&P Global for more than a decade," said Douglas L. Peterson, President and Chief Executive Officer. "John's contributions paved the way for so much of the strategic foresight, innovation and pivotal investment at the foundation of the thriving company we know today. His leadership of the merger's Integration Management Office served as the fitting capstone of an extraordinary chapter with the Company, and we are fortunate to benefit from his insights and advice during his transition."
Berisford joined the McGraw Hill Companies in 2011 and served as Executive Vice President of Human Resources. He quickly established a reputation as an exceptional strategist and business leader. He served as one of the driving forces behind the Company's transformation from a well-established publishing and media conglomerate with a disparate group of assets into a leading global information services provider with a clear vision and focus on providing best-in-class data and analytics.
"It has been my great privilege to contribute to the growth and performance of this Company over the last eleven years," said John Berisford. "Leading the Ratings division was an unforgettable career highlight, and I am proud of the legacy we built as a team. I look forward to working closely with the S&P Global leadership team during this transition."
Prior to joining S&P Global, John had a successful 22-year career with PepsiCo. Starting as a campus hire, he rose to become the Chief Human Resources Officer at the Pepsi Bottling Group after its initial public offering. He also helped lead the successful integration of the bottling business into PepsiCo in 2009 before leaving to join the McGraw Hill Companies.
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world.
We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com.
Investor Relations:
Mark Grant
Tel: +1 347 640 1521
mark.grant@spglobal.com
Media:
Ola Fadahunsi
Tel: +1 212 438 2296
ola.fadahunsi@spglobal.com
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SOURCE S&P Global | https://www.kxii.com/prnewswire/2022/06/28/sampp-global-announces-transition-john-berisford-executive-advisor/ | 2022-06-28T12:00:06Z |
LANCASTER, Pa., April 25, 2022 /PRNewswire/ -- Burnham Holdings, Inc. (OTC-Pink: BURCA), the parent company of multiple subsidiaries that are leading domestic manufacturers of boilers, and related HVAC products and accessories (including furnaces, radiators, and air conditioning systems) for residential, commercial and industrial applications, today reported its financial results for the quarter ended April 3, 2022.
Burnham Holdings, Inc.'s financial performance in the first quarter of 2022 included the following:
Sales of residential products increased by 17.6% compared to last year, as strong demand continued throughout our primary trading areas. Sales of commercial products increased by 25.1% as numerous COVID-19-delayed projects restarted in several key markets (schools, healthcare, industrial). Although not quite yet back to pre-pandemic levels, incoming orders for commercial products have increased significantly over the past 60-90 days and are approximately 62% higher versus the first quarter of 2021.
As noted in our full year 2021 results, profitability continues to be pressured by significant difficulties in hiring and retaining qualified employees and multiple supply chain issues negatively impacting production. Price inflation on purchased materials remains a headwind, particularly metals, freight costs and resin-based materials such as plastics, paint and glue. Each of our subsidiaries raised their selling prices in Q1 to recover costs and maintain profitability and are prepared to take additional actions as appropriate for the remainder of the year.
The Company's balance sheet continues to be strong, with adequate levels of working capital to support current and future business opportunities. Long-term debt of $30.9 million was $11.2 million higher than last year, with the increase mostly attributable to a $7.1 million increase in inventories. Approximately half of the inventory increase was due to material cost inflation, with the remainder due to higher inventory levels necessary to support the increased sales volume.
Due to the seasonal nature of the sales made by our subsidiary companies, the first quarter provides the lowest quarterly sales of our fiscal year (normally 20% or less of full year sales). Combined with continued uncertainty in the macro-economic environment, we therefore advise caution when using the financial results from the first quarter as an indicator of full year results.
The Burnham Holdings, Inc. 2022 Annual Meeting of Stockholders is being held today in Lancaster, PA beginning at 11:30 a.m. A press release regarding today's stockholder voting and the Board of Directors determination regarding declaration of a quarterly dividend will be released later this afternoon.
Burnham Holdings, Inc.
Consolidated Statements of Income
(In thousands, except per share amounts)
(Unaudited)
Three Months Ended
April 3,
March 28,
2022
2021
Net sales
$ 52,438
$ 44,003
Cost of goods sold
44,078
37,008
Gross profit
8,360
6,995
Selling, general and administrative expenses
9,038
7,647
Operating loss
(678)
(652)
Other expense:
Non-service related pension credit
106
131
Investment loss net of interest income
(133)
(49)
Interest expense
(275)
(185)
Other expense
(302)
(103)
Loss before income taxes
(980)
(755)
Income tax benefit
(225)
(174)
Net loss
$ (755)
$ (581)
Loss per share (Note 1)
Basic
$ (0.16)
$ (0.13)
Diluted
Cash dividends per share
$ 0.22
The accompanying notes are integral to the consolidated financial statements.
Consolidated Balance Sheets
(In thousands)
December 31,
ASSETS
Current Assets
Cash and cash equivalents
$ 5,711
$ 5,654
$ 5,771
Trade accounts receivable, less allowances
19,342
24,920
18,156
Inventories
56,951
51,066
49,872
Prepaid expenses and other current assets
5,204
4,717
2,074
Total Current Assets
87,208
86,357
75,873
Property, plant and equipment, net
57,739
57,496
56,327
Operating lease assets
2,203
2,065
2,466
Other assets, net (Note 4)
22,466
21,551
12,240
Total Assets
$ 169,616
$ 167,469
$ 146,906
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts payable & accrued expenses
$ 27,145
$ 33,429
$ 22,148
Current portion of long-term liabilities
152
147
Current portion of operating lease liabilities
827
765
721
Total Current Liabilities
28,124
34,346
23,016
Long-term debt
30,940
21,843
19,762
Operating lease liabilities
1,376
1,300
1,745
Other postretirement liabilities (Notes 4 and 5)
6,052
6,062
5,474
Deferred income taxes (Note 4)
8,934
8,753
6,723
Stockholders' Equity
Preferred Stock
530
Class A Common Stock
3,615
3,565
Class B Convertible Common Stock
1,329
1,379
Additional paid-in capital
16,354
16,317
16,115
Retained earnings
111,816
113,582
115,048
Accumulated other comprehensive loss (Note 4)
(21,509)
(22,260)
(28,487)
Treasury stock, at cost
(17,945)
(17,948)
(17,964)
Total Stockholders' Equity
94,190
95,165
90,186
Total Liabilities and Stockholders' Equity
Consolidated Statements of Cash Flows
Depreciation and amortization
1,182
1,116
Pension and postretirement liabilities expense
43
Contributions to pension trust (Note 5)
-
(188)
Other net adjustments
(937)
(990)
Changes in operating assets and liabilities
(6,184)
5,626
Net cash (used) / provided by operating activities
(6,651)
5,026
Purchase of property, plant and equipment
(1,431)
(5,202)
Proceeds from borrowings
9,110
1,192
Proceeds from stock option exercise and treasury activity, net
40
Dividends paid
(1,011)
(1,004)
Net increase in cash, cash equivalents and restricted cash
$ 57
$ 12
Cash, cash equivalents and restricted cash, beginning of period
$ 5,759
57
12
Cash, cash equivalents and restricted cash, end of period
Consolidated Statements of Stockholders' Equity
Class B
Accumulated
Class A
Convertible
Additional
Other
Treasury
Preferred
Common
Paid-in
Retained
Comprehensive
Stock,
Stockholders'
Stock
Capital
Earnings
Loss
at Cost
Equity
Balance at December 31, 2021
$ 530
$ 3,615
$ 1,329
$ 16,317
$ 113,582
$ (22,260)
$ (17,948)
$ 95,165
Exercise of stock options
37
3
Cash dividends declared:
Common stock - ($0.22 per share)
Net loss for the period
Other comprehensive income,
net of tax ($211)
751
Balance at April 3, 2022
$ 16,354
$ 111,816
$ (21,509)
$ (17,945)
$ 94,190
Balance at December 31, 2020
$ 3,560
$ 1,384
$ 16,115
$ 116,633
$ (29,043)
$ (17,964)
$ 91,215
Conversion of common stock
5
(5)
(581)
net of tax ($166)
556
Balance at March 28, 2021
$ 3,565
$ 1,379
$ 115,048
$ (28,487)
$ 90,186
Notes To Financial Statements:
(1)
Basic earnings per share are based upon weighted average shares outstanding for the period. Diluted earnings per shareassume the conversion of outstanding rights into common stock.
(2)
Common stock outstanding at April 3, 2022 includes 3,262,626 of Class A shares and 1,327,496 of Class B shares.
(3)
Mark-to-Market adjustments are a result of changes (non-cash) in the fair value of interest rate agreements. These
agreements are used to exchange the interest rate stream on variable rate debt for payments indexed to a fixed interest
rate. These non-operational, non-cash charges reverse themselves over the term of the agreements.
(4)
Accounting rules require that the funded status of pension and other postretirement benefits be recognized as a non-cash
asset or liability, as the case may be, on the balance sheet. As of December 31, 2021, plan assets exceeded projected
benefit obligations (asset) while as of December 31, 2020, projected benefit obligations exceeded plan assets (liability).
The resulting non-cash presentation on the balance sheet is reflected in "Other assets, net" or "Other postretirement
liabilities", "Deferred income taxes", and "Accumulated other comprehensive loss", a non-cash subsection of
"Stockholders' Equity" (See Note 10 of the 2021 Annual Report for more details).
For the first quarter of 2021, the Company made voluntary pre-tax contributions of $0.19 million to its defined benefit
pension plan. This payment increased the trust assets available for benefit payments (reducing "Other postretirement
liabilities") and did not impact the Statement of Income. No contribution was needed in the first quarter of 2022 due
to the funded status of the plan.
(6)
Unaudited results, forward looking statements, and certain significant estimates and risks. This note has been
expanded to include items discussed in detail within the 2021 Annual Report.
Unaudited Results and Forward Looking Statements. The accompanying unaudited financial statements
contain all adjustments that are necessary for a fair presentation of results for such periods and are consistent with policies
and procedures employed in the audited year-end financial statements. These consolidated financial statements should be
read in conjunction with the Annual Report for the period ended December 31, 2021. Statements other than historical
facts included or referenced in this Report are forward-looking statements subject to certain risks, trends, and
uncertainties that could cause actual results to differ materially from those projected. We undertake no duty to update
or revise these forward-looking statements.
Certain Significant Estimates and Risks. Certain estimates are determined using historical information along with
assumptions about future events. Changes in assumptions for items such as warranties, pensions, medical cost trends,
employment demographics and legal actions, as well as changes in actual experience, could cause these estimates to
change. Specific risks, such as those included below, are discussed in the Company's Quarterly and Annual Reports
in order to provide regular knowledge of relevant matters. Estimates and related reserves are more fully explained in the
2021 Annual Report.
Retirement Plans: The Company maintains a non-contributory defined benefit pension plan, covering both union and
non-union employees, that has been closed to new hires for a number of years. Benefit accrual ceased in 2009, or earlier
depending on the employee group, with the exception of a limited, closed group of union production employees. While not
100% frozen, these actions were taken to protect benefits for retirees and eligible employees, and have materially reduced
the growth of the pension liability. Lancaster Metal Manufacturing, a Company subsidiary, also contributes to a separate
union-sponsored multiemployer defined benefit pension plan that covers its collective bargaining employees. Variables
such as future market conditions, investment returns, and employee experience could affect results.
Medical Health Coverage: The Company and its subsidiaries are self-insured for most of the medical health insurance providedfor its employees, limiting maximum exposure per occurrence by purchasing third-party stop-loss coverage.
Retiree Health Benefits: The Company pays a fixed annual amount that assists a specific group of retirees in purchasingmedical and/or prescription drug coverage from providers. Additionally, certain employees electing early retirement receive afixed dollar amount based on years of employee service to assist them in covering medical costs. These obligations areaccounted for within the financial statements.
Insurance: The Company and its subsidiaries maintain insurance to cover product liability, general liability, workers'compensation, and property damage. Well-known and reputable insurance carriers provide current coverage. All policies and corresponding deductible levels are reviewed on an annual basis. Third-party administrators, approved by the Company and theinsurance carriers, handle claims and attempt to resolve them to the benefit of both the Company and its insurance carriers. TheCompany reviews claims periodically in conjunction with administrators and adjusts recorded reserves as required.
Warranty Litigation, Class Action: In 2010, two of the Company's subsidiaries were served with a class action lawsuit relatedgenerally to boiler products manufactured and sold by a predecessor to one of the Company's subsidiaries more than 10 yearsago. This matter has now been discontinued as a class action and the litigation has been resolved.
General Litigation, including Asbestos: In the normal course of business, certain subsidiaries of the Company have beennamed, and may in the future be named, as defendants in various legal actions including claims related to property damageand/or personal injury allegedly arising from products of the Company's subsidiaries or their predecessors. A number of theseclaims allege personal injury arising from exposure to asbestos-containing material allegedly contained in certain boilersmanufactured many years ago, or through the installation or removal of heating systems. The Company's subsidiaries, directlyand/or through insurance providers, are vigorously defending all open asbestos cases, many of which involve multiple claimantsand many defendants, which may not be resolved for several years. Asbestos litigation is a national issue with thousands ofcompanies defending claims. While the large majority of claims have historically been resolved prior to the completion of trial,from time to time some claims may be expected to proceed to a potentially substantial verdict against subsidiaries of theCompany. Any such verdict would be subject to a potential reduction or reversal of verdict on appeal, any set-off rights, and/or areduction of liability following allocation of liability among various defendants. For example, on July 23, 2013 and December 12,2014, New York City State Court juries found numerous defendant companies, including a subsidiary of the Company,responsible for asbestos-related damages in cases involving multiple plaintiffs. The subsidiary, whose share of the verdictsamounted to $42 million and $6 million, respectively, before offsets, filed post-trial motions and appeals seeking to reduce and/oroverturn the verdicts, and granting of new trials. On February 9, 2015, the trial court significantly reduced the 2013 verdicts,reducing the subsidiary's liability from $42 million to less than $7 million. Additionally, on May 15, 2015, the trial court reduced thesubsidiary's liability in the 2014 verdict to less than $2 million. On October 30, 2015, the subsidiary settled these verdicts forsignificantly less than the trial courts' reduced verdicts, with all such settled amounts being covered by applicable insurance. TheCompany believes, based upon its understanding of its available insurance policies and discussions with legal counsel, that allpending legal actions and claims, including asbestos, should ultimately be resolved (whether through settlements or verdicts)within existing insurance limits and reserves, or for amounts not material to the Company's financial position or results ofoperations. However, the resolution of litigation generally entails significant uncertainties, and no assurance can be given as to theultimate outcome of litigation or its impact on the Company and its subsidiaries. Furthermore, the Company cannot predictthe extent to which new claims will be filed in the future, although the Company currently believes that the great preponderanceof future asbestos claims will be covered by existing insurance. There can be no assurance that insurers will be financially ableto satisfy all pending and future claims in accordance with the applicable insurance policies, or that any disputes regardingpolicy provisions will be resolved in favor of the Company.
Litigation Expense, Settlements, and Defense: The 2022 first quarter charges for all uninsured litigation of every kind, were$115,000. Expenses for legal counsel, consultants, etc., in defending these various actions and claims for the quarter wereapproximately $5,000. Prior year's settlements and expenses, including amounts for self-insured asbestos cases, aredisclosed in the 2021 Annual Report.
Permitting Activities (excluding environmental): The Company's subsidiaries are engaged in various matters with respectto obtaining, amending or renewing permits required under various laws and associated regulations in order to operate each ofits manufacturing facilities. Based on the information presently available, management believes it has all necessary permits andexpects that all permit applications currently pending will be routinely handled and approved.
Environmental Matters: The operations of the Company's subsidiaries are subject to a variety of Federal, State, and localenvironmental laws. Among other things, these laws require the Company's subsidiaries to obtain and comply with the terms ofa number of Federal, State and local environmental regulations and permits, including permits governing air emissions,wastewater discharges, and waste disposal. The Company's subsidiaries periodically need to apply for new permits or to renewor amend existing permits in connection with ongoing or modified operations. In addition, the Company generally tracks and triesto anticipate any changes in environmental laws that might relate to its ongoing operations. The Company believes itssubsidiaries are in material compliance with all environmental laws and permits.
As with all manufacturing operations in the United States, the Company's subsidiaries can potentially be responsible forresponse actions at disposal areas containing waste materials from their operations. In the past five years, the Company hasnot received any notice that it or its subsidiaries might be responsible for remedial clean-up actions under governmentsupervision. However, one issue covered by insurance policies remains open as of this date and is fully disclosed in the 2021Annual Report. While it is not possible to be certain whether or how any new or old matters will proceed, the Company does notpresently have reason to anticipate incurring material costs in connection with any matters.
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SOURCE Burnham Holdings, Inc.
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.wibw.com/prnewswire/2022/04/25/burnham-holdings-inc-reports-first-quarter-results/ | 2022-04-25T16:38:51Z |
BELTON — Services for Sandra Lowe, 71, of Copperas Cove will be 11 a.m. Tuesday, April 26, in Central Texas State Veterans Cemetery in Killeen.
Mrs. Lowe died Thursday, April 14, at a local hospital.
She was born Dec. 26, 1950, in Lubbock to Jack and Jewel Blevins. She married David Lowe. She was a homemaker.
She was preceded in death by her husband; and a stepson, David Lowe Jr.
Survivors include two daughters, Jacque Mulford of Copperas Cove and Frances Teslar of Corpus Christi; eight grandchildren; and a great-grandchild.
Crotty Funeral Home & Cremation Services of Belton is in charge of arrangements. | https://www.tdtnews.com/obituaries/article_4cfb067c-bd02-11ec-8c74-1b4a629253c5.html | 2022-04-16T08:16:35Z |
6th newborn safely surrendered in a Baby Box this year
MOORESVILLE, Ind. (Gray News) – A healthy baby was recently surrendered in a Safe Haven Baby Box in Indiana, making it the sixth baby surrendered in a Baby Box this year.
Firefighters at the Mooresville Fire Department immediately tended to the infant when it was placed into the temperature-controlled box.
It was taken to the hospital for evaluation and is doing well.
“The Mooresville Fire Department is here to protect property and save lives,” Fire Chief Matt Dalton said. “With this box at our station, it gives our department another tool to do just that.”
The Mooresville location was the 39th Baby Box installed and offers a safe and anonymous way for new mothers to surrender their newborn babies they are unable to care for.
“We know this mother loves her infant immensely and we are proud of this selfless act. A loving family will soon adopt this baby and we are so grateful to be part of changing the narrative for this infant and the birth mother,” Safe Haven Baby Box founder Monica Kelsey said.
The Baby Box has heating and cooling elements to provide comfort for the infant, along with silent alarms to notify first responders.
The newborn is attended to within five minutes, medically evaluated at the hospital and adopted within 30 to 45 days.
According to Safe Haven Baby Boxes, 20 infants have been placed in a Baby Box since November 2017.
Safe Haven Baby Boxes are currently available in Indiana, Ohio, Arkansas, Florida, Kentucky and New Mexico.
If you need help finding a Safe Haven location, or to speak to a licensed counselor, call the National Safe Haven crisis hotline at 1-866-99BABY1.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/01/6th-newborn-safely-surrendered-baby-box-this-year/ | 2022-07-01T21:46:02Z |
Just add water: Kellogg’s launches new cereal
Published: Sep. 9, 2022 at 10:32 AM CDT|Updated: 30 minutes ago
(CNN) - Kellogg’s is putting a new spin on a breakfast classic.
The company has created new instabowls that just need water.
The little tubs of cereal have milk powder inside. When you add water and stir, the milk rehydrates and instantly creates milk and cereal.
There are four to choose from – Frosted Flakes, Raisin Bran Crunch, Froot Loops and Apple Jacks.
You can pop them in your cart at Walmart for $1.98 a bowl.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/09/09/just-add-water-kelloggs-launches-new-cereal/ | 2022-09-09T16:04:33Z |
CHICAGO, Sept. 7, 2022 /PRNewswire/ -- ErisX, a Cboe Global Markets company, today announced it has introduced the ErisX Settlement Service, a new solution designed to help remove settlement risk for over-the-counter (OTC) crypto transactions. The new offering expands ErisX's suite of tools for institutional investors, enabling them to settle OTC trades with other ErisX customers using a transparent U.S. licensed crypto spot market.
The ErisX Settlement Service can be accessed via standardized API or ErisX's fully integrated Trading User Interface.
"The ErisX marketplace was conceived from building blocks used in the traditional financial markets. Our newly launched ErisX Settlement Service responds to customer demand for a solution that helps remove settlement risk while also reducing the operational burden for OTC trading," said Matthew Trudeau, Chief Operating Officer of ErisX. "We look forward to welcoming new investors to our crypto markets with an efficient and effective solution for clearing and settlement."
Cboe Global Markets (Cboe: CBOE), a leading provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The company is committed to operating a trusted, inclusive global marketplace, providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX, across North America, Europe and Asia Pacific. To learn more, visit www.cboe.com.
ErisX Futures are offered through Eris Exchange, LLC, a Commodity Futures Trading Commission (CFTC) registered Designated Contract Market (DCM) and Eris Clearing, LLC, a registered Derivatives Clearing Organization (DCO). The CFTC does not have regulatory oversight authority over spot market trading of virtual currencies. ErisX Spot Market is not licensed, approved or registered with the CFTC and transactions on the ErisX Spot Market are not subject to CFTC rules, regulations or regulatory oversight. ErisX Spot Market is offered through Eris Clearing, LLC, which is licensed to engage in virtual currency business activity by the New York State Department of Financial Services and holds licenses in other U.S. states and territories. https://www.Erisx.com/disclaimer/.
ErisX offers individuals and institutions a single, innovative platform to access crypto spot and futures markets. By combining professional tools, advanced technology, sophisticated regulatory oversight, and a diverse product set, ErisX offers compliant, capital markets friendly workflows to digital market participants. Backed by some of the world's largest trading firms and financial institutions, ErisX brings transparency and reliability to the digital asset class. ErisX, Eris Exchange, and the ErisX and Eris Exchange logos are trademarks of the Eris Exchange group of companies.
CBOE-C
CBOE-OE
Cboe®, Cboe Global Markets®, Cboe Volatility Index®, ErisX®, and VIX® are registered trademarks of Cboe Exchange, Inc. All other trademarks and service marks are the property of their respective owners.
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SOURCE Cboe Global Markets, Inc. | https://www.wibw.com/prnewswire/2022/09/07/erisx-announces-settlement-service-over-the-counter-crypto-transactions/ | 2022-09-07T15:17:06Z |
Expanding Sponsor Finance Lending in the Lower Middle Market
AMESBURY, Mass., June 16, 2022 /PRNewswire/ -- BankProv (NASDAQ: PVBC), a future-ready commercial bank offering adaptive and technology-first banking solutions and market-leading loan structures, is expanding their Sponsor Finance team, by hiring Jean Kim as Senior Vice President. She will lead business development efforts in the New York market with existing and new partner relationships.
BankProv's Sponsor Finance team works with private equity and independent sponsors throughout North America seeking to acquire lower middle market companies in the US. The expansion allows BankProv to take its private equity offerings to the next level, leveraging its technology-driven approach and its expertise in cash flow term loans for acquisition financing.
Jean brings 14 years of industry experience to BankProv. Prior to joining the Bank, Jean held positions at various financial institutions including East West Bank, Sumitomo Mitsui Banking Corporation and Bank of America Merrill Lynch, with a focus in middle market direct lending and fund finance. She also serves as a sector lead for a food and beverage vertical for HBS Angel of New York, as well as strategic advisor for Hyka, a mental health start-up at Harvard Innovation Lab. She holds an MBA from Harvard Business School.
"Jean has extensive industry experience that will be beneficial in supporting our differentiated lending structures and capital partners across North America," said Joe Kenney, EVP, Chief Lending Officer. "We're excited to welcome Jean and look forward to continuing to expand the Bank's Sponsor Finance portfolio."
"I'm excited to join such an innovative organization and be on the forefront of its newest initiatives," said Jean Kim. "BankProv has a deep understanding of how the market is evolving and I look forward to strengthening its core strategies."
BankProv, legally operating as The Provident Bank, is a subsidiary of Provident Bancorp, Inc. (NASDAQ: PVBC). BankProv is a future-ready commercial bank for corporate clients, specializing in offering adaptive and technology-first banking solutions to niche markets, including cryptocurrency, renewable energy, fin-tech and enterprise value lending with a focus on search fund and sponsor finance acquisition loans. We are committed to offering state-of-the-art APIs (application programming interfaces) for all business clients and BaaS (Banking-as-a-Service) partners. Through our offerings, BankProv insures 100% of deposits through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, visit bankprov.com.
Press Contact: Rachelle Petersen, Marketing Manager
Phone: 603-334-1255
Email: rpetersen@bankprov.com
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SOURCE BankProv | https://www.wibw.com/prnewswire/2022/06/16/bankprov-welcomes-jean-kim-senior-vice-president-sponsor-finance/ | 2022-06-16T18:56:04Z |
BARCELONA, Spain (AP) — Working against the clock, Barcelona sold off even more of its club assets on Friday so it could meet the Spanish league’s financial rules and clear Robert Lewandowski and other summer signings to play in its season opener.
The troubled Spanish club was only able to ensure that its star signing will be available against Rayo Vallecano on Saturday after it sold 24.5% of its Barça Studios production hub to Orpheus Media in a deal worth 100 million euros ($103 million).
That improved its financial balance enough to satisfy the Spanish league, which added Lewandowski and fellow newcomers Raphinha, Franck Kessié and Andreas Christensen as well as the recently renewed Ousmane Dembélé and Sergi Roberto to its list of eligible players.
But, by late Friday, the league had yet to declare eligible France defender Jules Koundé, who arrived to Barcelona from Sevilla last month. The club will still need to reduce its current salary load by selling one or more current players to register Koundé.
Last month Barcelona sold an initial 25% stake in its production hub to Socios.com, a blockchain provider, for another 100 million euros as well as 25% of its Spanish league television rights for the next 25 years for nearly 670 million euros ($689 million).
All told, the heavily indebted Catalan club has mortgaged its future for 870 million euros ($895 million) in order to sign Lewandowski, Raphinha and Koundé for a combined 160 million euros ($165 million). Kessié and Christensen arrived as free agents.
But the Spanish league has strict financial requirements that limit the amount clubs can spend on players’ salaries and transfers based on the clubs’ financial health. Despite efforts to reduce costs and pay down its debt, Barcelona still holds 1 billion euros ($1 billion) in debt and has seen its salary cap slashed by the league in recent seasons.
Earlier on Friday, coach Xavi Hernández said he was “optimistic” that he can have his new players available for the first game of the season.
“Everyone at the club is very optimistic,” Xavi said. “We have until two hours before the match.”
The club is also pushing to sell players with big salaries like Frenkie de Jong or players unwanted by Xavi such as Samuel Umtiti and Martin Braithwaite.
Orpheus Media is run by Catalan businessman Jaume Roures, the owner of Mediapro, a major television company involved in Spanish soccer but whose 2020 broadcast rights deal for the French league collapsed. Roures was a major financial backer of Barcelona club president Joan Laporta when he returned to run the financially troubled club in 2021.
Roures said on Friday that he was not sure if the money he paid Barcelona would be sufficient.
“The league won’t have any problems with this operation,” Roures told Cadena SER radio. “If the 100 million euros are enough, I don’t know. If it isn’t, the (necessary) amount must be close to that.”
Xavi also said that Barcelona may not be done signing new players, but that any arrivals would have to come after current players were sold. Barcelona is linked to interest in Chelsea’s Marcos Alonso, who would provide competition for Jordi Alba at left back.
Laporta at least was able to avoid the embarrassment of having Lewandowski watching from the Camp Nou stands on Saturday.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/barcelona-sells-more-assets-to-clear-lewandowski-for-opener/ | 2022-08-13T18:34:18Z |
Fiona Black, PhD to join Terray's Scientific Advisory Board
PASADENA, Calif., July 12, 2022 /PRNewswire/ -- Terray Therapeutics, a biotechnology company propelling drug discovery into the information age, today announced the appointment of Fiona Black, PhD to its Scientific Advisory Board, adding valuable expertise in interdisciplinary technology development of both market-leading, end-to-end product solutions and operationally efficient and scalable manufacturing processes.
"We are thrilled to welcome Dr. Black to our Scientific Advisory Board," said Chief Executive Officer Jacob Berlin, PhD. "Fiona's work integrating diverse fields of science and engineering, for things such as polymeric drug delivery systems and rapid, low-cost biochemical ligand detection, will further support Terray's mission to bridge the gap between discovery and treatment for patients."
Dr. Fiona Black has more than 20 years of notable experience at leading biotechnology and biomedical organizations. Most recently, Fiona led Illumina's Array portfolio R&D organization. Fiona has a Ph.D. in Biophysics and Surface Chemistry from the University of Nottingham, U.K., and a Bachelor of Sciences, with first-class honors, in Medical and Pharmaceutical Chemistry from Loughborough University, U.K.
"I am very impressed with the expertise of the team and the work they are doing here at Terray," said Dr. Black. "The ability to measure precise chemical-biological interaction data at scale addresses a longstanding pain point in drug discovery. This, combined with a machine learning approach, provides exponential potential to transform the field. I am delighted to join the Scientific Advisory Board at this pivotal stage for the company."
In addition to hiring in key leadership and strategic functions, Terray Therapeutics continues to build on the momentum of their recent $60 million Series A financing by expanding their operational and laboratory capabilities in a new facility in Greater Los Angeles. The company's new headquarters will occupy nearly 50,000 square feet of combined lab/office space at the Monrovia Technology Campus. This is a significant expansion in footprint and will enable the company to support their next phase of growth.
Terray Therapeutics is an emerging biotechnology company led by pioneers and long-time leaders in AI, medicinal chemistry, biology and preclinical development, automation, and nanotechnology to propel drug discovery into the information age. Terray's proprietary integrated computational and experimental platforms generate massively scaled, powerfully agnostic chemical data that are purpose-built to power computational learning and reveal new interactions. This foundation is building an iterative, flexible chemistry engine that aims to deliver more precise therapies to patients faster than ever before. Visit terraytx.com to learn more.
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SOURCE Terray Therapeutics | https://www.kxii.com/prnewswire/2022/07/12/terray-therapeutics-expands-scientific-advisory-board-advance-ai-driven-small-molecule-drug-discovery/ | 2022-07-12T12:48:05Z |
State of Georgia reaches settlement with widow of man shot, killed by state trooper
SAVANNAH, Ga. (WTOC/Gray News) - A law firm is claiming it reached a $4.8 million settlement with the state of Georgia for the widow of a Black man who was shot and killed by a state trooper. It could be the largest settlement in Georgia history.
In 2020, Georgia State Patrol trooper Jacob Gordon Thompson shot and killed 60-year-old Julian Lewis in Screven County after a police chase, WTOC reported. Thompson was fired from the GSP after the shooting. In 2021, a grand jury returned a no bill in the case, meaning they did not recommend charges for the defendant.
According to the Hall & Lampros law firm, while the settlement doesn’t bring Lewis back, it sends a powerful message to the state, law enforcement and other positions of power that unnecessary use of force against innocent citizens is unlawful, morally corrupt and carries legal consequences.
Attorney Andrew Lampros is part of the legal team for Lewis’ widow. He says the $4.8 million settlement reflects the magnitude of the shooting.
“Mr. Lewis’ case is getting attention now because of the size of the settlement, when it should have received attention because of what happened to him,” he said. “The facts of the case are egregious. He should have never been pulled over, much less shot.”
Lampros says he and the Lewis family are aware that federal prosecutors are looking at the matter and could possibly bring a federal case similar to the Ahmaud Arbery case in Brunswick, Georgia. He says he and family members have also been in touch with prosecutors in Screven County and they are waiting to see what happens next with the state case.
Prosecutors can take a case like this back in front of a new grand jury only once more and there’s no time limit for when they have to do it. District Attorney Daphne Totten said last year that her office would go back over this case to determine how they proceed.
Below are statements from attorney Francys Johnson and Lewis’ son, Brook Bacon:
“This settlement is further proof that Georgia recognizes the wrongs committed against my father, Julian Lewis. My father deserved to survive his encounter with Ex-Georgia State Patrol Jacob Gordon Thompson on Aug. 7, 2020. This is another step toward accountability but we will not rest until his killer is behind bars,” said Brook Bacon, Julian Lewis’ son.
“The State’s case still sits with District Attorney Daphne Totten of the Ogeechee Judicial Circuit. The notion that something terribly wrong didn’t happen out on that dusty dirt road by the hand of Ex-Trooper Jacob Gordon Thompson is simply unbelievable. Citizens should see the video evidence in this case and they will have a clear understanding of why the State of Georgia paid 4.8 Million Dollars to resolve the civil case,” said Francys Johnson, a Statesboro-based partner with Davis Bozeman Johnson Law and lawyer for Julian Lewis’s son Brook Bacon.
Copyright 2022 WTOC via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/04/state-georgia-reaches-settlement-with-widow-man-shot-killed-by-state-trooper/ | 2022-04-06T17:48:50Z |
Mounjaro led to significantly greater fat mass reductions compared to placebo and to injectable semaglutide 1 mg in adults with type 2 diabetes in mechanism of action study
Exploratory analysis showed that Mounjaro achieved A1C and weight targets in less time than injectable semaglutide 1 mg or titrated insulin degludec
INDIANAPOLIS, June 6, 2022 /PRNewswire/ -- New data from a mechanism of action study and new analyses of the global registration program for Eli Lilly and Company's (NYSE: LLY) Mounjaro™ (tirzepatide) injection were presented at the American Diabetes Association's® (ADA) 82nd Scientific Sessions®, adding to the robust body of data about Mounjaro for the treatment of adults with type 2 diabetes. More than 20 presentations on Mounjaro were accepted for disclosure at the ADA's Scientific Sessions.
"Lilly is proud to present new mechanism of action data and new analyses of the results that Mounjaro delivered throughout the SURPASS program at the ADA's Scientific Sessions, helping us further evaluate how Mounjaro can help adults living with type 2 diabetes manage key aspects of their disease," said Laura Fernández Landó, MD, associate vice president, Medical, Lilly Diabetes. "Exploring factors such as how quickly Mounjaro can help lower A1C and weight, or the relationship between those two measures throughout the SURPASS program, is important as we begin to bring Mounjaro to people living with type 2 diabetes."
Mounjaro Mechanism of Action Study
Additional results of a phase 1 mechanism of action study were presented in an oral presentation on Monday, June 6 during the "Incretin Based Therapies" session. This study was a 28-week, randomized, double-blind, parallel study to evaluate the effect of Mounjaro 15 mg compared to placebo and to injectable semaglutide 1 mg. The primary endpoint, previously disclosed, compared the effect of Mounjaro 15 mg versus placebo on total clamp disposition index at 28 weeks. The secondary objectives presented today at ADA compared the effects of Mounjaro 15 mg to placebo and to injectable semaglutide 1 mg on energy intake, appetite and body composition in adults with type 2 diabetes as measured by change from baseline.
At 28 weeks, participants taking Mounjaro (N=45) had significantly greater reductions in weight and in fat mass compared to those taking injectable semaglutide 1 mg (N=44) and placebo (N=28):
- Weight reduction: 11.2 kg (24.7 lb., Mounjaro 15 mg), 6.9 kg (15.2 lb., injectable semaglutide 1 mg) and 0 kg (placebo), p<0.001
- Fat mass reduction: 9.7 kg (21.4 lb., Mounjaro 15 mg) and 5.9 kg (13.0 lb., injectable semaglutide 1 mg), p=0.002
Further, treatment with Mounjaro 15 mg and injectable semaglutide 1 mg resulted in significant reductions from baseline in energy intake (-348.4 kcal and -284.1 kcal, respectively, p=0.187) as well as reductions in appetite ratings.
Relationship Between Body Weight Change and Glycemic Control with Mounjaro
Results from this post-hoc analysis of all five studies within the SURPASS global registration program were presented in a poster session. This analysis assessed the relationship between A1C and body weight reductions with Mounjaro treatment (5 mg, 10 mg or 15 mg) across the SURPASS-1 through -5 clinical trials. Results showed that between 87% and 97% of participants taking Mounjaro experienced both A1C and weight reductions.
Time to Reach Glycemic and Weight Targets with Tirzepatide Compared to Injectable Semaglutide 1 mg and Titrated Insulin Degludec
Results from this exploratory analysis of SURPASS-2 and SURPASS-3 were shared in a poster session, evaluating the median time taken to achieve certain glycemic targets (i.e., median time to A1C <7% and ≤6.5%) and the median time taken to achieve at least 5% weight loss. The analysis compared the time to reach the A1C targets from baseline among participants treated with Mounjaro (5 mg, 10 mg and 15 mg) versus those treated with injectable semaglutide 1 mg (SURPASS-2) or those treated with titrated insulin degludec (SURPASS-3), and the time to reach the weight target among participants treated with Mounjaro or injectable semaglutide 1 mg. Participants taking all three doses of Mounjaro reached these A1C targets about four weeks sooner than those taking injectable semaglutide 1 mg, and between four weeks and 12 weeks sooner than those taking titrated insulin degludec.
Specifically, results showed:
- Median time to achieve A1C <7%: 8 weeks (Mounjaro), 12 weeks (injectable semaglutide 1 mg), 12 weeks (titrated insulin degludec)
- Median time to achieve A1C ≤6.5%: 12 weeks (Mounjaro), 16 weeks (injectable semaglutide 1 mg), 24 weeks (titrated insulin degludec)
- Median time to achieve ≥5% weight reduction: 12 weeks (Mounjaro 10 mg and 15 mg), 16 weeks (Mounjaro 5 mg), 24 weeks (injectable semaglutide 1 mg)
About Mounjaro™ (tirzepatide) injection
Mounjaro™ (tirzepatide) injection is FDA-approved as an adjunct to diet and exercise to improve glycemic control in adults with type 2 diabetes mellitus. As the first and only FDA-approved GIP and GLP-1 receptor agonist, Mounjaro is a single molecule that activates the body's receptors for GIP (glucose-dependent insulinotropic polypeptide) and GLP-1 (glucagon-like peptide-1). Mounjaro is available in six doses (2.5 mg, 5 mg, 7.5 mg, 10 mg, 12.5 mg, 15 mg) and comes in Lilly's well-established auto-injector pen with a pre-attached, hidden needle that patients do not need to handle or see.
Limitations of Use:
- Has not been studied in patients with a history of pancreatitis
- Is not indicated for use in patients with type 1 diabetes mellitus
Important Safety Information for Mounjaro™ (tirzepatide)
WARNING: RISK OF THYROID C-CELL TUMORS
In both male and female rats, tirzepatide causes dose-dependent and treatment-duration-dependent thyroid C-cell tumors at clinically relevant exposures. It is unknown whether Mounjaro causes thyroid C-cell tumors, including medullary thyroid carcinoma (MTC), in humans as human relevance of tirzepatide-induced rodent thyroid C-cell tumors has not been determined.
Mounjaro is contraindicated in patients with a personal or family history of MTC or in patients with Multiple Endocrine Neoplasia syndrome type 2 (MEN 2). Counsel patients regarding the potential risk for MTC with the use of Mounjaro and inform them of symptoms of thyroid tumors (e.g., a mass in the neck, dysphagia, dyspnea, persistent hoarseness). Routine monitoring of serum calcitonin or using thyroid ultrasound is of uncertain value for early detection of MTC in patients treated with Mounjaro.
Mounjaro is contraindicated in patients with a personal or family history of MTC or in patients with MEN 2, and in patients with known serious hypersensitivity to tirzepatide or any of the excipients in Mounjaro.
Risk of Thyroid C-cell Tumors: Counsel patients regarding the potential risk for MTC with the use of Mounjaro and inform them of symptoms of thyroid tumors (e.g., a mass in the neck, dysphagia, dyspnea, persistent hoarseness). Routine monitoring of serum calcitonin or using thyroid ultrasound is of uncertain value for early detection of MTC in patients treated with Mounjaro. Such monitoring may increase the risk of unnecessary procedures, due to the low test specificity for serum calcitonin and a high background incidence of thyroid disease. Significantly elevated serum calcitonin values may indicate MTC and patients with MTC usually have calcitonin values >50 ng/L. If serum calcitonin is measured and found to be elevated, the patient should be further evaluated. Patients with thyroid nodules noted on physical examination or neck imaging should also be further evaluated.
Pancreatitis: Acute pancreatitis, including fatal and non-fatal hemorrhagic or necrotizing pancreatitis, has been observed in patients treated with GLP-1 receptor agonists. Pancreatitis has been reported in Mounjaro clinical trials. Mounjaro has not been studied in patients with a prior history of pancreatitis. It is unknown if patients with a history of pancreatitis are at higher risk for development of pancreatitis on Mounjaro. Observe patients for signs and symptoms, including persistent severe abdominal pain sometimes radiating to the back, which may or may not be accompanied by vomiting. If pancreatitis is suspected, discontinue Mounjaro and initiate appropriate management.
Hypoglycemia with Concomitant Use of Insulin Secretagogues or Insulin: Concomitant use with an insulin secretagogue (e.g., sulfonylurea) or insulin may increase the risk of hypoglycemia, including severe hypoglycemia. The risk of hypoglycemia may be lowered by reducing the dose of sulfonylurea (or other concomitantly administered insulin secretagogue) or insulin. Inform patients using these concomitant medications of the risk of hypoglycemia and educate them on the signs and symptoms of hypoglycemia.
Hypersensitivity Reactions: Hypersensitivity reactions, sometimes severe, have been reported with Mounjaro in clinical trials. If hypersensitivity reactions occur, discontinue use of Mounjaro; treat promptly per standard of care, and monitor until signs and symptoms resolve. Do not use in patients with a previous serious hypersensitivity to Mounjaro. Use caution in patients with a history of angioedema or anaphylaxis with a GLP-1 receptor agonist because it is unknown if such patients will be predisposed to these reactions with Mounjaro.
Acute Kidney Injury: Mounjaro has been associated with gastrointestinal adverse reactions, which include nausea, vomiting, and diarrhea. These events may lead to dehydration, which if severe could cause acute kidney injury. In patients treated with GLP-1 receptor agonists, there have been postmarketing reports of acute kidney injury and worsening of chronic renal failure, sometimes requiring hemodialysis. Some of these events have been reported in patients without known underlying renal disease. A majority of reported events occurred in patients who had experienced nausea, vomiting, diarrhea, or dehydration. Monitor renal function when initiating or escalating doses of Mounjaro in patients with renal impairment reporting severe adverse gastrointestinal reactions.
Severe Gastrointestinal Disease: Use of Mounjaro has been associated with gastrointestinal adverse reactions, sometimes severe. Mounjaro has not been studied in patients with severe gastrointestinal disease, including severe gastroparesis, and is therefore not recommended in these patients.
Diabetic Retinopathy Complications in Patients with a History of Diabetic Retinopathy: Rapid improvement in glucose control has been associated with a temporary worsening of diabetic retinopathy. Mounjaro has not been studied in patients with non-proliferative diabetic retinopathy requiring acute therapy, proliferative diabetic retinopathy, or diabetic macular edema. Patients with a history of diabetic retinopathy should be monitored for progression of diabetic retinopathy.
Acute Gallbladder Disease: In clinical trials, acute gallbladder disease was reported by 0.6% of Mounjaro-treated patients and 0% of placebo-treated patients. If cholelithiasis is suspected, gallbladder diagnostic studies and appropriate clinical follow-up are indicated.
The most common adverse reactions reported in ≥5% of Mounjaro-treated patients in placebo-controlled trials were nausea, diarrhea, decreased appetite, vomiting, constipation, dyspepsia, and abdominal pain.
Drug Interactions: When initiating Mounjaro, consider reducing the dose of concomitantly administered insulin secretagogues (such as sulfonylureas) or insulin to reduce the risk of hypoglycemia. Mounjaro delays gastric emptying, and thereby has the potential to impact the absorption of concomitantly administered oral medications, so caution should be exercised.
Pregnancy: Limited data on Mounjaro use in pregnant women are available to inform on drug-associated risk for major birth defects, miscarriage, or other adverse maternal or fetal outcomes. Based on animal reproduction studies, there may be risks to the fetus from exposure to tirzepatide. Use only if potential benefit justifies the potential risk to the fetus.
Lactation: There are no data on the presence of tirzepatide in human milk, the effects on the breastfed infant, or the effects on milk production. The developmental and health benefits of breastfeeding should be considered along with the mother's clinical need for Mounjaro and any potential adverse effects on the breastfed infant from Mounjaro or from the underlying maternal condition.
Females of Reproductive Potential: Advise females using oral hormonal contraceptives to switch to a non-oral contraceptive method, or add a barrier method of contraception for 4 weeks after initiation and for 4 weeks after each dose escalation.
Pediatric Use: Safety and effectiveness of Mounjaro have not been established and use is not recommended in patients less than 18 years of age.
Please click to access Prescribing Information, including Boxed Warning about possible thyroid tumors, including thyroid cancer, and Medication Guide.
Please see Instructions for Use included with the pen.
TR HCP ISI MAY2022
About Lilly
Lilly unites caring with discovery to create medicines that make life better for people around the world. We've been pioneering life-changing discoveries for nearly 150 years, and today our medicines help more than 47 million people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges, redefining diabetes care, treating obesity and curtailing its most devastating long-term effects, advancing the fight against Alzheimer's disease, providing solutions to some of the most debilitating immune system disorders, and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/newsroom or follow us on Facebook, Instagram, Twitter and LinkedIn. P-LLY
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about Mounjaro™ (tirzepatide) injection for the treatment of adults with type 2 diabetes and reflects Lilly's current beliefs and expectations. However, as with any pharmaceutical product, there are substantial risks and uncertainties in the process of drug research, development, and commercialization. Among other things, there is no guarantee that planned or ongoing studies will be completed as planned, that future study results will be consistent with study findings to date, that Mounjaro will receive additional regulatory approvals, or that Mounjaro will be commercially successful. For further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
1 Pedersen, SD, et al. Relationship between body weight change and glycemic control with tirzepatide treatment in people with type 2 diabetes. Abstract 729-P. Presented at the American Diabetes Association's® (ADA) 82nd Scientific Sessions®; June 3–7, 2022.
2 Pantalone, K, et al. Patients with Type 2 Diabetes Reach Glycemic Targets Faster with Tirzepatide Compared to Semaglutide and Titrated Insulin Degludec. Abstract 732-P. Presented at the American Diabetes Association's® (ADA) 82nd Scientific Sessions®; June 3–7, 2022.
3 Heise, T, et al. Tirzepatide reduces appetite, energy intake and fat mass in people with T2D. Abstract 338-OR. Presented at the American Diabetes Association's® (ADA) 82nd Scientific Sessions®; June 3–7, 2022.
4 Mounjaro™ (tirzepatide) injection Prescribing Information. Eli Lilly & Company; May 2022.
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SOURCE Eli Lilly and Company | https://www.kxii.com/prnewswire/2022/06/06/new-analyses-mounjaro-tirzepatide-injection-treatment-adults-with-type-2-diabetes-presented-american-diabetes-associations-82nd-scientific-sessions/ | 2022-06-06T23:31:25Z |
LIMA, Peru, April 7, 2022 /PRNewswire/ -- Fondo MIVIVIENDA S.A. ("FMV" or the "Fund"), today announced the tender results of its previously announced offer to purchase for cash (the "Tender Offer") any and all of its outstanding 3.500% Notes due 2023 (the "Notes"). The Tender Offer was made upon the terms and subject to the conditions set forth in the offer to purchase dated March 31, 2022 (the "Offer to Purchase") and a related notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents").
As previously announced, the expiration time for the Tender Offer was 5:00 p.m., New York City time (4:00 p.m., Lima time), on April 7, 2022, (such date and time, the "Expiration Time"). As of the Expiration Time, U.S.$477,012,000 in aggregate principal amount of the Notes had been validly tendered and not validly withdrawn pursuant to the Tender Offer (excluding U.S.$202,000 in aggregate principal amount of the Notes that were tendered pursuant to the Guaranteed Delivery Procedures). The settlement of the Tender Offer is expected to occur on April 12, 2022 (the "Settlement Date").
The table below sets forth the aggregate principal amount of Notes validly tendered and not validly withdrawn at or prior to the Expiration Time, and accepted for purchase:
Upon the terms and subject to the conditions of the Tender Offer set forth in the Offer Documents, all Notes validly tendered and not validly withdrawn at or prior to the Expiration Time have been accepted for purchase. Holders of Notes whose Notes have been accepted for purchase will receive the purchase price described in the table above plus Accrued Interest.
All conditions described in the Offer to Purchase including the Financing Condition (as such term is defined in the Offer to Purchase), have been satisfied on or prior to the Expiration Time.
The total cash payment to purchase on the Settlement Date the Notes validly tendered and accepted for purchase (excluding U.S.$202,000 in aggregate principal amount of the Notes that were tendered pursuant to the Guaranteed Delivery Procedures), including Accrued Interest and any additional amounts thereon, will be approximately U.S.$486,361,435.20.
Interest will cease to accrue on the Settlement Date for all Notes purchased in the Tender Offer. Following payment for the Notes accepted pursuant to the terms of the Tender Offer, FMV may, but is not obligated to, redeem all or a portion of the Notes that remain outstanding in accordance with the terms of the indenture governing the Notes. None of the Offer Documents nor this press release constitute a notice of redemption or an obligation to issue a notice of redemption.
The tender agent and information agent for the Tender Offer is Global Bondholder Services Corporation. To contact the tender agent and information agent, banks and brokers may call (212) 430-3774, and others may call U.S. toll-free: (855) 654-2014 or email contact@gbsc-usa.com. Additional contact information is set forth below.
The dealer managers for the Tender Offer are:
This press release is for informational purposes only and does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Notes or any other securities in the United States or any other country, nor shall it or any part of it, or the fact of its release, form the basis of, or be relied on or in connection with, any contract therefor. The Tender Offer was made only by and pursuant to the terms of the Offer Documents, and the information in this notice is qualified by reference to the Offer to Purchase and the Notice of Guaranteed Delivery.
This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. No assurance can be given that the transactions described herein will be consummated or as to the ultimate terms of any such transactions. FMV assumes no obligation to update or correct the information contained in this press release.
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SOURCE Fondo MIVIVIENDA S.A. | https://www.kxii.com/prnewswire/2022/04/08/fondo-mivivienda-sa-announces-results-cash-tender-offer-any-all-its-outstanding-us650000000-aggregate-principal-amount-3500-notes-due-2023/ | 2022-04-08T05:28:23Z |
Two seats on an Orlando, Florida, amusement park ride, including that of a 14-year-old boy who fell to his death from the ride last month, had been manually adjusted, a forensic engineering firm hired to investigate the incident found.
Florida Commissioner of Agriculture and Consumer Services Nikki Fried and State Rep. Geraldine Thompson, D-Orlando, presented the firm's findings during a news update Monday.
The operator of the FreeFall drop tower made manual adjustments to two seats on the ride "presumably, to allow for larger riders, which should not have happened based on the manufacturer's guidelines," said Thompson.
"All protocols, procedures and safety measures provided to us by the manufacturer of the ride were followed. Today's report suggests a full review of the ride's design, safety, operation, restraint mechanisms and history -- which of course we welcome," Trevor Arnold, an attorney for the ride's operator, Orlando Slingshot, said in a statement.
"Seat 1's harness proximity sensor was manually loosened, adjusted and tightened to allow a restraint opening of near 7 inches," about 4 inches more than the normal opening range for the restraints, according to the report produced by Quest Engineering & Failure Analysis, Inc.
Its engineers went to the site of the accident to investigate in early April.
The opening on the restraint may have grown to as much as 10 inches with force, according to the report.
The FreeFall drop tower manufacturer's guideline puts a rider's weight limit at 250 pounds, Thomson said; Tyre Sampson weighed approximately 340 pounds, his family told CNN.
The FreeFall takes riders to the top of a 430-foot tower, tilts them face to the ground, and falls at speeds of up to 75 mph, the ICON Park's website says. Operators call it the world's tallest free-standing drop tower, the sheriff's office said.
The ride passed a safety inspection in December before it was allowed to open, according to a safety inspection report obtained by CNN.
The document from the Florida Department of Agriculture and Consumer Services noted the drop tower passed inspection on December 20, 2021. No deficiencies were listed in the report.
The report did not indicate who adjusted the ride, but found the adjustments were made after the harness sensors of the ride "were initially secured in place."
Fried said now that they know what mechanically took place, they will next seek to find out how and why, before they assess what penalties may come.
The operator's attorney said Orlando Slingshot has "fully cooperated with the State during the initial phase of its investigation, and we will continue to do so until it has officially concluded.
The ride has been closed since Sampson's death, and it will remain closed "indefinitely," Fried said Monday.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/two-seats-on-florida-drop-tower-ride-linked-to-teens-death-had-been-misadjusted-officials/article_9b07c95c-6d49-51eb-b369-cdd57f3d48fc.html | 2022-04-18T22:23:28Z |
LAS VEGAS, Aug. 15, 2022 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties today announced its financial results for the fiscal quarter ended June 30, 2022. For complete details of the condensed consolidated interim financial statements and accompanying management's discussion and analysis for the three and six months ended June 30, 2022, please see Remark's filings with the SEC (www.sec.gov).
Management Commentary
"The company's second quarter was highlighted by additional partnerships and the joining of industry experts to expand its sales channels significantly," noted Kai-Shing Tao, Chairman and Chief Executive Officer of Remark Holdings. "Our unique value proposition and the innovation inherent in our AI solutions continued to satisfy the different needs of our customers. Looking ahead, we are building a pipeline of opportunities across the U.S. with our SSP-based products with a new streaming fee model and are continuing to advance our deployment activities in China. Taken together, we believe these activities lay the groundwork for continued momentum across our businesses as we seek to deliver first-class AI solutions to our customers."
Second Quarter 2022 Business Highlights
- During the second quarter, Remark continued to build its data intelligence business using its Smart Safety Platform ("SSP") and related Smart Sentry units that work with the SSP. Based on initial trial success, the company is building a stream of business opportunities with government agencies, public transportation operators, railways, and sports arenas in the US and UK while continuing to grow its business in Asia.
- China Mobile continued to implement Remark's KanKan AI Platform and Smart Queueing System throughout their retail locations, although the pace of implementation has been significantly slowed due to ongoing lockdowns and measures taken by the Chinese government to achieve a zero-COVID status. Most stores are still closed nationwide and the project will resume once the strict lockdowns are lifted.
- During the second quarter, Smart Campus solutions were deployed across more than 60 campuses bringing total installations to more than 460 campuses. New functions of the Smart Campus solutions provided a leading management platform for student development, providing a rich set of scenario-based software and AIoT tools for school administrators and families to assemble comprehensive student profiles targeting individual growth. This new product has been installed in more than 100 schools and is helping over 100,000 students daily.
- Remark's Smart Construction solutions contributed $1.1 million of revenue as the company completed installations at 14 construction sites, bringing total installations to 67 sites and, thereby, not only completing the initial contract but also securing and partially fulfilling additional contracts on more construction sites. There are an additional 30+ construction sites targeted to be finished in the third quarter of 2022.
Fiscal Second Quarter 2022 Financial Results
- Revenue for the fiscal second quarter of 2022 totaled $2.6 million, down from $4.0 million during the fiscal second quarter of 2021.
- Gross profit decreased $1.1 million quarter over quarter to $0.7 million during the second quarter of 2022. The overall gross profit margin for the second quarter of 2022 was 27.8%, compared to 43.9% in the same period in 2021.
- The company incurred an operating loss of $4.0 million in the second quarter of 2022 compared to an operating loss of $2.5 million in the comparable quarter of 2021.
- Net loss totaled $12.5 million, or $0.12 per diluted share in the second quarter ended June 30, 2022, compared to a net loss of $1.5 million, or $0.02 per diluted share in the second quarter ended June 30, 2021.
- On June 30, 2022, the cash balance totaled $1.1 million, compared to a cash balance of $14.2 million on December 31, 2021. Net cash used in operating activities was $11.1 million during the six months ended June 30, 2022.
Conference Call Information
Management will hold a conference call this afternoon at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) to discuss the Company's financial results and provide an update on recent business developments. A question and answer session will follow management's presentation.
The live conference may be accessed via telephone or online webcast.
Toll-Free Number: 800.289.0720
International Number: 323.701.0160
Conference ID: 7189339
Online Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1562633&tp_key=7bdfa0774e
Participants are advised to log in for the live webcast 10 minutes prior to the scheduled start time. A replay of the call will be available after 7:30 p.m. Eastern time on the same day through August 20, 2022.
Toll-Free Replay Number: 844.512.2921
International Replay Number: 412.317.6671
Replay ID: 7189339
About Remark Holdings, Inc.
Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in various retail, public safety, and workplace applications. The company also owns and operates an e-commerce digital media property focused on a luxury beach lifestyle. The company's corporate headquarters and U.S. operations are based in Las Vegas, Nevada, and it also maintains operations in London, England, and Shanghai, China. The operations of the variable interest entities that the company consolidates are headquartered in Chengdu, China, with additional offices in Hangzhou. For more information, please visit the company's website at www.remarkholdings.com.
Forward-Looking Statements
This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment, and regulations. Words such as "may," "should," "could," "would," "predicts," "potential," "continue," "expects," "anticipates," "future," "intends," and "plans," "believes," "estimates," and similar expressions, as well as statements in the future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors, including those discussed in Part I, Item 1A. Risk Factors in Remark Holdings' Annual Report on Form 10-K and Remark Holdings' other filings with the SEC. Any forward-looking statements reflect Remark Holdings' current views concerning future events, are based on assumptions, and are subject to risks and uncertainties. Given such uncertainties, you should not rely on any forward-looking statements, which represent Remark Holdings' estimates and assumptions only as of the date hereof. Except as required by law, Remark Holdings undertakes no obligation to update or revise publicly any forward-looking statements after the date hereof, whether as a result of new information, future events, or otherwise.
Company Contacts
Fay Tian
Vice President of Investor Relations
F.Tian@remarkholdings.com
(+1) 626-623-2000
(+86) 13702108000
(+65) 8715-8007
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SOURCE Remark Holdings, Inc. | https://www.wibw.com/prnewswire/2022/08/15/remark-holdings-announces-fiscal-second-quarter-2022-financial-results/ | 2022-08-15T21:58:54Z |
Trudeau says government will do ‘everything we can’ to avoid U.S.-style formula shortage
By Michael Lee
Click here for updates on this story
May 20, 2022 (CTV Network) — Prime Minister Justin Trudeau attempted to reassure parents on Friday amid a nationwide shortage of baby formula designed specifically for infants with food allergies. Asked about the situation during an announcement in Sept-Îles, Que., Trudeau said federal agencies are looking at the situation “very seriously.” “Obviously, it is extremely important that we make sure that our supply chains are appropriately resilient for important things like baby formula,” he said. “We’ve seen what’s happening in the United States. We need to make sure that we’re looking for solutions here in Canada, that we’re drawing from both the example of the United States, but also being careful not to see impacts on Canadian families from the decisions taken in the United States. I can assure you that all our various agencies are looking at this very seriously. “We know that families are worried about their newborns, and we’re going to be there to try and make sure we’re doing everything we can to help them.” On Thursday, Health Canada issued an advisory saying two types of products, designed for babies with food allergies and certain medical conditions, are in short supply, mirroring shortages in the United States. The two products are hydrolyzed infant formulas and amino acid-based formulas, which are “critical” for babies at risk of anaphylactic allergic reactions, Health Canada says. The department has asked doctors to facilitate the consumption of these products “only to babies who require them.” Abbott Nutrition’s Michigan formula plant, the largest in the U.S., has been closed since February after U.S. Food and Drug Administration inspectors began investigating four bacterial infections in infants who consumed formula from the plant. All four were hospitalized and two died. Although FDA Commissioner Dr. Robert Califf has said no conclusion has been reached on whether bacteria from the plant caused the infant infections, Abbott has since recalled a number of its powdered Similac products. The company also said there is no direct evidence linking its products to the illnesses. The factory could be up and running again by next week. Health Canada said it is monitoring formula supply and working with manufacturers to import similar products. With files from CTVNews.ca Writer Brooklyn Neustaeter and The Associated Press
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.
Matthew Talbotmatthew.talbot@bellmedia.ca | https://localnews8.com/news/2022/05/21/trudeau-says-government-will-do-everything-we-can-to-avoid-u-s-style-formula-shortage/ | 2022-05-21T14:57:16Z |
RADNOR, Pa. , May 21, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against PLAYSTUDIOS, Inc. ("PLAYSTUDIOS") (NASDAQ: MYPS; MYPSW) f/k/a Acies Acquisition Corp. ("Acies") (NASDAQ: ACAC; ACACW). The action charges PLAYSTUDIOS with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. The lawsuit also includes claims relating to a merger transaction with Acies and asserts claims on behalf of investors who held Acies common stock as of May 25, 2021, were eligible to vote at Acies' June 17, 2021 special meeting, and who exchanged their shares of Acies stock for PLAYSTUDIOS stock in connection with the merger. As a result of PLAYSTUDIOS' materially misleading statements to the public, PLAYSTUDIOS' investors have suffered significant losses.
CLICK HERE TO SUBMIT YOUR PLAYSTUDIOS LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/playstudios-inc?utm_source=PR&utm_medium=link&utm_campaign=playstudios
TO VIEW OUR VIDEO, PLEASE CLICK HERE
LEAD PLAINTIFF DEADLINE: JUNE 6, 2022
CLASS PERIOD: JUNE 22, 2021 THROUGH MARCH 1, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. at (484) 270-1453 or via email at info@ktmc.com
THE CLASS INCLUDES: Investors who (1) purchased or acquired PLAYSTUDIOS securities between June 22, 2021 and March 1, 2022, including, but not limited to, those who purchased or acquired PLAYSTUDIOS securities pursuant to the offering of the private investment in public equity; (2) held Acies common stock as of May 25, 2021, and were eligible to vote at Acies' June 17, 2021 special meeting who exchanged their Acies stock for PLAYSTUDIOS stock; or (3) purchased or acquired PLAYSTUDIOS common stock pursuant or traceable to the Acies' Registration Statement and Proxy Statement issued in connection with the June 2021 merger.
Kessler Topaz is one of the world's foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
PLAYSTUDIOS' ALLEGED MISCONDUCT
On February 1, 2021, Acies, a special purpose acquisition company, announced that it had reached a merger agreement with "Old Playstudios," a privately-held gaming company (the "Merger"). PLAYSTUDIOS' flagship game was Kingdom Boss. PLAYSTUDIOS told investors that "Kingdom Boss, which began development in 2020, will launch as expected in the second half of 2021."
On June 17, 2021, Acies held a General Meeting where Acies shareholders were asked to approve
the Merger. The Merger closed on June 21, 2021, and on June 22, 2021, PLAYSTUDIOS stock and warrants began publicly trading on NASDAQ.
The truth began to be revealed on August 11, 2021, when PLAYSTUDIOS released its financial results for the second quarter of 2021 wherein PLAYSTUDIOS revealed for the first time that the Kingdom Boss launch was being delayed until later in the year and that investors should expect decreased revenues and profits during the year as a result. These quarterly financial results were finalized on June 30, 2021, just nine days after the Merger closed. Thus, defendants knew or recklessly disregarded prior to the merger close (June 21, 2021) and prior to the merger vote by the Acies shareholders (June 17, 2021), that Kingdom Boss would not be ready to launch within just a matter of weeks. Following this news, PLAYSTUDIOS stock price fell $.66 to close at $5.09 per share on August 12, 2021, a decline of 13%.
Then, on February 24, 2022, during an earnings call for the fourth quarter ended December 31, 2021, PLAYSTUDIOS' CEO, much to investors' surprise, disclosed that Kingdom Boss would not be launched at all. Following this news, PLAYSTUDIOS stock price fell $.24 to close at $4.86 per share on February 25, 2022, a decline of 5%. Two days later, on February 26, 2022, PLAYSTUDIOS' CEO attributed the failure to meet the projections made for revenue and earnings to the failure to launch Kingdom Boss, and revealed that Kingdom Boss was not only delayed, but indefinitely "suspended."
WHAT CAN I DO?
Current PLAYSTUDIOS investors and/or former Acies shareholders may, no later than June 6, 2022 seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages PLAYSTUDIOS investors and/or former Acies shareholders who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE
WHO CAN BE A LEAD PLAINTIFF?
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
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SOURCE Kessler Topaz Meltzer & Check, LLP | https://www.mysuncoast.com/prnewswire/2022/05/21/myps-deadline-kessler-topaz-meltzer-amp-check-llp-reminds-investors-playstudios-inc-deadline-securities-fraud-class-action-lawsuit-encourages-investors-with-substantial-losses-contact-firm/ | 2022-05-21T16:07:46Z |
SAN JACINTO, Calif., July 19, 2022 /PRNewswire/ -- Mt. San Jacinto College (MSJC) Community Education has partnered with Green Flower, a California-based leading cannabis education company, to offer three not-for-credit certificate courses beginning July 19.
The programs focus on various aspects of the industry, with courses centered on Advanced Cultivation Technician, Advanced Manufacturing Agent, and Advanced Dispensary Associate training. Each course will provide participants with knowledge, skills and abilities to help them excel in their chosen field of specialization.
The eight-week courses are designed for participants who prefer a flexible online format. They are offered in an asynchronous, self-paced format with lessons structured in weekly modules.
"The cannabis industry is one of the fastest-growing sources of employment in America and this includes southwest Riverside County," said Janice Mrkonjic, MSJC's Interim Director of Workforce & Economic Development. "After interviewing industry leaders, I identified their needs for a skilled workforce in the areas of cultivation, manufacturing, and dispensary."
The partnership between MSJC and Green Flower will help participants gain the skills they need to succeed in the workforce.
"MSJC's commitment to transform learners, communities, and lives is directly aligned with Green Flower's progressive and strategic approach to deliver cannabis industry-centric educational programs," Mrkonjic said.
The cannabis industry is booming. In Riverside County, taxable cannabis sales increased from $264.19 million in 2020 to $374.18 million in 2021, according to the California Department of Tax and Fee Administration. That's a 41.6 percent rise in just one year.
The not-for-credit courses will be offered through the MSJC Contract and Community Education department. Upon completion of each course, participants will earn a Certificate of Completion and gain access to Green Flower's career portal as well as the college's online job board, JobSpeaker, which allows local employers to post job openings.
"Green Flower is honored to be partnering with Mt. San Jacinto College to offer our three cannabis industry training courses," said Daniel Kalef, Vice President of University Partnerships. "With the cannabis industry in California continuing to grow at a record pace, while also being the largest cannabis market in the world, the ability to help people train to work in the industry continues to be vital.
"The programs we are offering in partnership with MSJC will help ensure not only the continued growth of the industry in California, but growth in great part due to a well-trained workforce. We can think of no better College or group of people with whom to partner with and are excited to begin offering them to the public," Kalef said.
For more information visit: cannabis.msjc.edu
Founded in 2014, Green Flower is the industry leader in cannabis education, empowering thousands of consumers, regulators, and professionals with the knowledge they need to succeed in the emerging cannabis industry today. Green Flower's content and technology platform powers the cannabis programs of top universities and colleges across the country, provides customized learning and compliance solutions for cannabis businesses of all sizes, and equips individuals with the skills and credentials necessary to make an impact in the modern cannabis industry.
Founded in 1963, Mt. San Jacinto College serves nearly 24,000 students annually in a district covering 1,700 square miles from the San Gorgonio Pass to Temecula, with campuses in San Jacinto, Menifee, Banning and Temecula. MSJC offers numerous courses and programs that satisfy the transfer requirements of four-year colleges and universities and vocational and technical programs that prepare students for fulfilling careers. Along with the college's traditional programs, MSJC's Community Education department offers not-for-credit programs for personal and professional development.
Media Contact:
Tiffany Van Gordon – Mt. San Jacinto College, (951) 639-5439, tvangordon@msjc.edu
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SOURCE Green Flower | https://www.mysuncoast.com/prnewswire/2022/07/19/mt-san-jacinto-college-msjc-partners-with-green-flower-offer-cannabis-industry-training-courses/ | 2022-07-19T18:01:48Z |
STRATHAM, N.H., June 1, 2022 /PRNewswire/ -- BioGreen360 ("BG360"), the leading innovator in distributed food waste management solutions today announced the addition of Mark Slavens, Ph.D., to its advisory board as part of its growth strategy and commercialization efforts to meet its growing demand.
BG360 has developed the only distributed closed-loop food waste solution in the market that provides 100% diversion from landfill with real time auditable sustainability metrics. The BG360 solution incorporates a robust set of proprietary technologies (mechanical and biological) that processes food waste at the source, without any input of fresh water or any grey water effluent and repurposes the residual into an array of all-natural and organic agricultural products.
Mark supported and led Scotts Miracle-Gro's research and development efforts for greater than 11 years and is currently the Chief Technology Officer of Aqua-Yield, a leading Agriculture nanoliquid technology company in Salt Lake City, UT. BG360 will leverage its existing multi-year relationship with Mark to advance its technology platform.
"BioGreen360 is a well-led company with cutting edge technology that is tackling one of the most important challenges of the 21st century – food waste. It is my privilege to join this strong group of seasoned advisory board members to further develop the BG360 technology and unlock more of its potential," said Mark.
"As BG360 continues to gain market adoption of our 100% circular solution for food waste with leading enterprise clients, Mark Slavens' experience and relationships makes him an ideal advisor to help the company optimize the value of our solution's residual material. Mark is a recognized thought-leader and visionary with great success conceptualizing and developing leading fertilizer products in the in the agricultural industry," said Justin Rosberg, BG360 President & COO. "We are very excited to welcome him on board to help us guide our efforts in the agricultural and fertilizer marketplace."
About BioGreen
BioGreen360 is the leader in distributed, on-site, digester technology and food waste solutions for institutional and consumer facing applications. The Company's solutions are environmentally responsible, economically sustainable and fully scalable. BioGreen360 is the only solution in the market that completely recycles food waste from the overall waste stream at its source. Through proprietary microbial formulae coupled with patent-pending mechanical and evaporation technologies, BioGreen360 completely eliminates food waste on-site through a fully automated, continual feed aerobic digesting system. It is the only triple-bottom line solution in the food waste management space.
For more information, follow us on social media and visit us at http://biogreen360.com/
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SOURCE BioGreen360 | https://www.wibw.com/prnewswire/2022/06/01/biogreen360-announces-addition-mark-slavens-phd-its-advisory-board/ | 2022-06-01T18:51:51Z |
A polio case identified in New York last month is "just the very, very tip of the iceberg" and an indication there "must be several hundred cases in the community circulating," a senior official with the US Centers for Disease Control and Prevention told CNN on Wednesday.
The case was found In Rockland County, which has a stunningly low polio vaccination rate. Dr. José Romero, director of the CDC's National Center for Immunization and Respiratory Diseases, noted that the majority of people with polio don't have symptoms and so can spread the virus without knowing it.
"There are a number of individuals in the community that have been infected with poliovirus. They are shedding the virus," he said. "The spread is always a possibility because the spread is going to be silent."
A team of CDC disease detectives traveled last week from agency headquarters in Atlanta to Rockland County, and they are "quite nervous" that polio "could mushroom out of control very quickly and we could have a crisis on our hands," said a community health leader who has met with the team.
"They are -- what is the opposite of cautiously optimistic?" said another community leader, an expert in vaccine education, who has also met with the CDC team in Rockland County. Both leaders requested anonymity because they are not authorized to speak publicly.
Polio can cause incurable paralysis and death, but most people in the US are protected, thanks to vaccination. Others, however, may be vulnerable to the virus for a variety of reasons.
Unvaccinated people are vulnerable, and polio vaccination rates in Rockland County and neighboring Orange County, just north of New York City, are about 60%, compared with 93% nationwide. Vaccinated adults can be vulnerable if they are immune-compromised, and children, who are supposed to get four doses of polio vaccine, are not considered fully vaccinated until they are at least 4 years old.
Romero said the CDC is considering a variety of options to protect people from polio, including offering children in the area an extra shot of the vaccine, as UK health authorities are doing now in London, or recommending extra doses to certain groups of adults.
"We're looking into all aspects of how to deal with this. At this point, we don't have a definitive answer," he said.
A 'silent killer'
The Rockland County polio case is the first identified in the United States in nearly a decade.
The virus has also been detected in sewage in Rockland County and neighboring Orange County. The positive samples were genetically linked to the individual case, but no other cases in the US have been reported.
About 3 in 4 people infected with polio don't have symptoms, but they're still capable of spreading the virus to others, according to the CDC. Among the rest, most have symptoms such as a sore throat or headache that could easily be overlooked or confused with other illnesses. Only a relatively small number, about 1 in 200 infected people, become paralyzed. A few of those who are paralyzed die because they can't breathe.
In the late 1940s, polio outbreaks disabled an average of more than 35,000 people a year in the US. A vaccination campaign started in 1955, and cases quickly plummeted. Today, a full round of childhood polio vaccinations -- four doses between 2 months old and 6 years old -- is at least 99% effective, according to the CDC.
But in recent decades, some small groups have not vaccinated their children against the virus. One of them is within the ultraorthodox Jewish community in New York, including in Rockland County.
Much of the rest of the religious Jewish community in Rockland County has rallied around efforts to educate the "outliers" who refuse to vaccinate, the community health leader said.
"This is a silent killer, like carbon monoxide, and we don't know when it will hit us," she said.
'A press release is not going to cut it'
The vaccine educator said the CDC team has been intent on learning the best ways to communicate with members of this community, who tend not to use the internet and instead get a lot of their information from the messaging platform WhatsApp as well as community newspapers.
This week, Rockland County and local health-care providers distributed an infographic in English and Yiddish that announced, "Polio is spreading in Rockland County."
The vaccine educator in Rockland County said that at the meetings with the CDC team, "we spoke about the need for messaging that resonates, and a press release is not going to cut it."
Dr. Mary Leahy, CEO of Bon Secours Charity Health System, the largest health-care provider in Rockland County, has attended meetings with the CDC and said that to get people who are not vaccinating their children against polio to understand the severity of the disease, "I turn to the grandparents and the great-grandparents who actually lived through the days of polio in the '40s and '50s."
That makes sense to Romero.
"I grew up in Mexico. I saw this disease, the complications," he said. "I went to school with children that had braces."
He said many Americans don't recognize the "devastating" effects of "lifelong paralysis" from polio.
"I think most of the American public has never seen a case of polio. People have lost that fear, if you will, of the disease."
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According to the July jobs report, employment is back to pre-pandemic levels. Read more about the report here!
This poll is not scientific - results reflect the opinions of respondents. | https://www.albanyherald.com/features/health/silent-spread-of-polio-in-new-york-drives-cdc-to-consider-additional-vaccinations-for-some/article_d0d3b607-597a-5d5d-91a9-c17f8245a8d0.html | 2022-08-11T11:50:38Z |
Mostly Sunny for Most of Texoma, A Few Storms North
Temperatures expected to be above average through the week
Published: Jan. 24, 2021 at 10:06 AM CST|Updated: 11 minutes ago
An upper wave passing through Oklahoma Sunday morning generated a large area of thunderstorms along the I-40 corridor. A few of these may drift into our northern counties before dissipating this afternoon. Most of the area should remain hot and rain-free on your Sunday afternoon. Expect gusty winds up to 30 mph from the south.
Once this feature departs, upper high pressure builds in driving daily high temperatures above 90 degrees for most of next week.
Steve LaNore
Chief Meteorologist
News 12 / KXII-TV
Copyright 2021 KXII. All rights reserved. | https://www.kxii.com/2022/06/05/mostly-sunny-most-texoma-few-storms-north/ | 2022-06-05T15:31:14Z |
A 28-year-old man who allegedly killed his mother and grandfather to get family and insurance money was charged with murder and fraud, according to a federal indictment filed in Vermont.
Nathan Carman was arrested Tuesday. He is accused in the death of his mother, Linda Carman, during a 2016 fishing trip off the coast of New England, according to the indictment filed last week in US District Court.
He was found adrift in a life raft a week after their trip began, CNN previously reported. At the time, Carman said there was an unusual noise coming from the engine and then a lot of water in the boat, according to a Coast Guard recording.
"I was bringing one of the safety bags forward, the boat dropped out from under my feet. When I saw the life raft I did not see my mom. Have you found her?" Carman said, according to the recording.
Police had said Carman was being investigated for "reckless endangerment...resulting in death," but he was not charged at the time. Linda Carman's body has not been recovered.
On Wednesday, Nathan Carman pleaded not guilty to fraud charges and a murder charge in connection with his mother's death. He was arraigned in federal court and will be held without bail until his detention hearing, scheduled for for Monday, the deputy clerk of the US District Court in Burlington said.
CNN has reached out to the federal public defender's office representing Carman for comment.
Another mystery death
Carman shot and killed his grandfather, John Chakalos, in his Connecticut home in 2013, according to the indictment, but the document contains no murder charge in that death.
Chakalos made "tens of millions of dollars" through real estate ventures, the indictment says. Carman's alleged crimes were "part of a scheme to obtain money and property from the estate of John Chakalos and related family trusts," according to a news release from the US Attorney's Office for the District of Vermont.
Chakalos set up two bank accounts before his 2013 death, one containing about $150,000 for Nathan Carman's college expenses and the other containing around $400,000, with both Linda and Nathan Carman listed as beneficiaries for the latter, according to the indictment.
After spending time with his grandson, Chakalos "convinced" his daughter to designate Nathan Carman as the sole beneficiary of the second bank account, the indictment alleges.
An attorney for Linda Carman has said that grandfather and grandson were very close and that Linda Carman previously insisted her son was not capable of any violence, especially taking the life of someone he loved.
The attorney at the time also noted Linda Carman had said her son was with her fishing at the time the grandfather was killed, contrary to what media reports said.
After Chakalos's death, Nathan Carman received the money from the two bank accounts his grandfather had set up. Between the years of 2014 and 2016, he spent most of it and by the fall of 2016, he was "low on funds," according to the indictment.
On September 17, 2016, he took his mother on a fishing trip, where he allegedly killed her and sank the boat, prosecutors allege. He was rescued by a commercial ship on September 25, according to the indictment.
If convicted, Carman faces a mandatory life sentence for murder on the high seas. Each fraud charge carries up to 30 years in prison, according to a news release from the US Attorney's Office for the District of Vermont.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/prosecutors-allege-he-killed-his-mother-to-get-family-and-insurance-money-he-pleaded-not/article_d6862fc8-e7e7-5574-8c06-ad838b80fe11.html | 2022-05-12T00:59:36Z |
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Comtech Telecommunications Corp. (""Comtech" or the "Company") (NASDAQ: CMTL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Comtech and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On June 8, 2021, Comtech reported its operating results for the third fiscal quarter ended April 30, 2021 and updated its financial targets for fiscal 2021. Among other items, Comtech reported that it expected fiscal 2021 consolidated net sales to be in the range of $580 million to $590 million and explained that the "updated target primarily reflects a change in anticipated revenues in its Governmental Solutions segment due to the U.S. government's April 2021 announcement to fully withdraw troops from Afghanistan as well as other program changes."
On this news, Comtech's stock price fell $3.53 per share, or 13.76%, to close at $22.13 per share on June 9, 2021.
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.kxii.com/prnewswire/2022/08/10/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-comtech-telecommunications-corp-cmtl/ | 2022-08-10T19:27:51Z |
NEW ORLEANS, June 24, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 5, 2022 to file lead plaintiff applications in a securities class action lawsuit against Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. (NasdaqCM: ARQQ) (NasdaqCM: ARQQW) (NasdaqCM: CENH) (NasdaqCM: CENHU) (NasdaqCM: CENHW), if they purchased the Company's securities between September 7, 2021 and April 18, 2022, inclusive (the "Class Period") and/or held Centricus securities as of August 31, 2021 and were eligible to vote at the special meeting on the merger between Arqit and Centricus. This action is pending in the United States District Court for the Eastern District of New York.
What You May Do
If you purchased securities of Arqit or held Centricus as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqcm-arqq/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 5, 2022.
About the Lawsuit
Arqit and certain of its executives are charged with failing to disclose material information during the Class Period and/or in the Proxy Statement issued in connection to the Merger, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company's proposed encryption technology would require widespread adoption of new protocols and standards of for telecommunications (ii) British cybersecurity officials questioned the viability of the Company's proposed encryption technology in a meeting in 2020; (iii) the British government was not a customer of the Company but, rather, provided grants to it; (iv) the Company had little more than an early-stage prototype of its encryption system at the time of the Merger; and (v) as a result of the foregoing, the Company's statements about its business, operations, and prospects were materially false and misleading at all relevant times.
The case is Glick v. Arqit Quantum Inc., et al., 22-cv-2604.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.mysuncoast.com/prnewswire/2022/06/25/arqit-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-arqit-quantum-inc-fka-centricus-acquisition-corp-arqq/ | 2022-06-25T04:35:19Z |
Three Jayhawks competing at World Outdoor Track & Field Championships
LAWRENCE, Kan. (WIBW) - KU’s Bryce Hoppel, Hussain Al-Hizam, and Alexandra Emilianov are all set to compete at the World Outdoor Track and Field Championships.
The championships will be held July 15th through the 24th at Hayward Field in Eugene, Oregon. Both Hoppel and Emilianov will be making their return to the World Championships, as they both competed in Doha, Qatar in 2019.
Hoppel will represent the U.S. in the men’s 800 meters, Al-Hazim will represent Saudi Arabia in the pole vault, and Emilianov will throw in the women’s discus for her country of Moldova.
KU track and field head coach Stanley Redwine will serve as the head coach of the Team USA men’s team. Hoppel will be coached by assistant coach Michael Whittlesey, Al-Hizam by associate head coach Tom Hays, and Emilianov by assistant coach Andy Kokhanovsky.
The World Championships are set to begin on Friday, and this marks the first World Championships to be held on U.S. soil.
Emilianov will be the first Jayhawk to compete, throwing in the women’s discus on Monday, July 18th in one of two qualification rounds. The top nine of those rounds will advance to the finals on Wednesday, July 20th.
Hoppel will take to the track in the first round of the 800 meters on Wednesday, July 20th at 5:20 p.m. CT. The semifinals are set for Thursday, July 21st, and the finals on Friday, July 22nd.
Al-Hizam will compete in the men’s pole vault qualification round on Friday, July 22nd at 5:05 p.m. CT, and those finals are scheduled for Sunday, July 24th at 5:25 p.m. CT.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/15/three-jayhawks-competing-world-outdoor-track-field-championships/ | 2022-07-15T02:48:14Z |
Having invested hundreds of millions in mounting a series version of "The Lord of the Rings," Amazon has gotten its money's worth in production values but not storytelling, with a handsome prequel that could leave all but the most devoted Hobbits feeling more bored than lord. "The Rings of Power" should be a source of considerable curiosity, but amid an onslaught of big-budget streaming fare, this seems undeserving to rule them all.
Indeed, some of "The Rings of Power's" shortcomings echo those of HBO's lavish "Game of Thrones" prequel "House of the Dragon," which burns brighter by comparison. Based on the initial episodes, the gap between the characters audiences got to know in Peter Jackson's trilogy and their ancestral counterparts feels even more pronounced.
The series format -- episodes will drop weekly after the two-part premiere -- also tends to invite some bad habits versus even Jackson's notoriously long movies, with plodding interludes and a second episode that unfolds on multiple fronts without feeling as if a whole lot is happening, relatively speaking.
Enthusiasts of J.R.R. Tolkien's ornate world will no doubt be tempted to luxuriate in the centuries-spanning approach to this tale, which picks up with an extended prologue regarding a vast and costly battle with the forces of Sauron, and his subsequent disappearance. While some hope for lingering peace, the revenge-minded Elvish warrior Galadriel (Morfydd Clark) remains vigilant, convinced that, as she puts it, "Evil does not sleep. It waits."
Like "House of the Dragon," "The Ring of Power" has sought to feature women and people of color more prominently, while capitalizing on the ageless qualities of the Elves, among other things, to provide connections despite the gaping time lapse between this series and the movies.
Overall, the Elves occupy an enhanced role, including the hardened soldier Arondir (Ismael Cruz Córdova), who also becomes more promient as battle lines begin to get drawn.
Even so, the latitude provided by an episodic approach, and plans for multiple seasons, doesn't initially translate into more compelling characters, and after catching audiences up on the history, the buildup toward the meat of the story grinds slowly.
Gradually, "The Rings of Power" introduces an assortment of players representing the worlds of Men, Elves, always-colorful Dwarves and a Hobbit subset known as Harfoots (a distinction that, hopefully, won't be on the final). At times, as the series flits among them, it begins to feel like "The Lord of the Maps," splashing images of the various kingdoms across the screen as it navigates from one locale to the next.
Those locations reflect the scope of the production at its grandest, while the mythical beasts presented actually prove a bit more uneven.
Thus far, Amazon's formidable loot -- enough of an investment to become an inextricable part of the coverage -- has been brought to bear in the service of relatively uninspired storytelling, deficient in narrative urgency. The expectations raised by the title thus become something of a double-edged sword, particularly when so much has been made of promoting what a gargantuan effort this promised to be.
As for the epic battle that awaits, "The Rings of Power" might still rise to the occasion. Yet despite those beautiful, sweeping vistas of Middle-earth as the music swells and the camera pans across them, after the initial introduction it's hard to resist the temptation to say, "Wake me when you get there."
"The Lord of the Rings: The Ring of Power" premieres Sept. 2 on Amazon Prime.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/the-lord-of-the-rings-delivers-spectacle-but-lacks-the-dramatic-power-to-rule-them/article_d22e79d4-a1e6-590f-b0b1-26d69780106b.html | 2022-08-31T15:35:14Z |
Preliminary dose escalation data expected in second half of 2022 from the ARROS-1 study of NVL-520 for advanced ROS1 positive NSCLC and other solid tumors
Rapid advancement of pipeline with clinical trials ongoing for NVL-520 and NVL-655 and two additional development candidates on-track for selection in 2022
CAMBRIDGE, Mass., Aug. 10, 2022 /PRNewswire/ -- Nuvalent, Inc. (Nasdaq: NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted therapies for clinically proven kinase targets in cancer, today reported pipeline progress and second quarter 2022 financial results.
"Our focus for 2022 is on execution across our pipeline of novel kinase inhibitors, and the Nuvalent team has continued to deliver. In the past quarter, we announced our plan to share preliminary dose escalation data in the second half of 2022 from the Phase 1 portion of our Phase 1/2 ARROS-1 trial for patients with advanced ROS1-positive non-small cell lung cancer (NSCLC) and other solid tumors, and dosed the first patient in our Phase 1/2 ALKOVE-1 trial for patients with advanced ALK-positive NSCLC and other solid tumors," said James Porter, Ph.D., Chief Executive Officer at Nuvalent. "Additionally, we've continued to advance our discovery pipeline and remain poised to nominate two additional development candidates by the end of this year – a testament to the strength, ingenuity, and efficiency of the Nuvalent team, our capabilities, and approach. This is an exciting time for our company, and I'm confident in our ability to deliver on our goal of precisely targeted therapies that can enable deep and durable responses for patients with cancer."
- Preliminary Dose-Escalation Data from Ongoing ARROS-1 Trial Anticipated in the Second Half of 2022: Nuvalent's Phase 1/2 ARROS-1 clinical trial evaluating NVL-520 in patients with advanced ROS1-positive NSCLC and other solid tumors, is progressing well and is continuing to enroll patients in the Phase 1 portion of the study. NVL-520 is a ROS1-selective inhibitor designed to address the clinical challenges of emergent treatment resistance, off-target CNS adverse events, and brain metastases that may limit the use of currently available ROS1 kinase inhibitors. The company plans to share preliminary data from the dose-escalation portion of the trial in the second half of 2022.
- Dosing Initiated and Enrollment Ongoing in ALKOVE-1 Trial: Nuvalent is actively dosing patients in the Phase 1 portion of its ALKOVE-1 trial, a Phase 1/2, multicenter, open-label, dose-escalation and expansion trial evaluating NVL-655 in patients with advanced ALK-positive NSCLC and other solid tumors. NVL-655, Nuvalent's parallel lead product candidate, is an ALK-selective inhibitor designed to address the clinical challenges of emergent treatment resistance, off-target CNS adverse events, and brain metastases that may limit the use of currently available ALK kinase inhibitors.
- New NVL-655 Preclinical Data Presented at IASLC 2022 World Conference on Lung Cancer Annual Meeting: A poster characterizing NVL-655 alongside other ALK inhibitors in a patient-derived model of lorlatinib-resistant ALK-positive NSCLC with the treatment-emergent G1202R/T1151M compound resistance mutation was presented at the IASLC 2022 World Conference on Lung Cancer (WCLC) Annual Meeting. The preclinical activity of NVL-655, as described in the poster presented, continues to support the potential for a best-in-class profile.
- On-Track to Select Two Additional Development Candidates from Discovery Pipeline in 2022: Nuvalent continues to advance its pipeline expansion efforts with multiple discovery-stage research programs. The company expects to select development candidates for its programs directed toward ALK IXDN compound resistance mutations and HER2 Exon 20 insertions in the second half of 2022.
- Cash Position: Cash, cash equivalents and marketable securities were $257.0 million as of June 30, 2022. Nuvalent continues to expect the existing cash and cash equivalents to be sufficient to fund its planned operations into 2024.
- R&D Expenses: Research and development (R&D) expenses were $13.6 million for the second quarter of 2022.
- G&A Expenses: General and administrative (G&A) expenses were $5.2 million for the second quarter of 2022.
- Net Loss: Net loss for the second quarter of 2022 was $18.5 million, or $0.38 per share.
Nuvalent, Inc. (Nasdaq: NUVL) is a clinical-stage biopharmaceutical company focused on creating precisely targeted therapies for patients with cancer, designed to overcome the limitations of existing therapies for clinically proven kinase targets. Leveraging deep expertise in chemistry and structure-based drug design, we develop innovative small molecules that have the potential to overcome resistance, minimize adverse events, address brain metastases, and drive more durable responses. Nuvalent is advancing a robust pipeline with parallel lead programs in ROS1-positive and ALK-positive non-small cell lung cancer (NSCLC), along with multiple discovery-stage research programs. We routinely post information that may be important to investors on our website at www.nuvalent.com. Follow us on Twitter (@nuvalent) and LinkedIn.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, implied and express statements regarding Nuvalent's strategy, business plans, and focus; the clinical development programs for NVL-520, NVL-655, ALK IXDN compound resistance mutations and HER2 Exon 20 insertions and the timing thereof; the potential clinical effect of NVL-520 and NVL-655; the design and enrollment of the ARROS-1 and ALKOVE-1 studies and the timing thereof; the potential of Nuvalent's pipeline programs, including NVL-520 and NVL-655; Nuvalent's research and development programs for the treatment of cancer; risks and uncertainties associated with drug development; and capital allocation. The words "may," "might," "will," "could," "would," "should," "expect," "plan," "anticipate," "aim," "goal," "intend," "believe," "expect," "estimate," "seek," "predict," "future," "project," "potential," "continue," "target" or the negative of these terms and similar words or expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. You should not place undue reliance on these statements or the scientific data presented.
Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties, and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation: risks that Nuvalent may not fully enroll the ARROS-1 or ALKOVE-1 studies or that enrollment will take longer than expected; unexpected concerns that may arise from additional data, analysis, or results obtained during clinical trials; the occurrence of adverse safety events; risks of unexpected costs, delays, or other unexpected hurdles; risks that Nuvalent may not be able to nominate drug candidates from its HER2 Exon 20 and ALK IXDN programs; the direct or indirect impact of COVID-19 or other global geopolitical circumstances on the timing and anticipated timing and results of Nuvalent's clinical trials, strategy, and future operations, including the ARROS-1 and ALKOVE-1 studies; the timing and outcome of Nuvalent's planned interactions with regulatory authorities; and obtaining, maintaining, and protecting its intellectual property. These and other risks and uncertainties are described in greater detail in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, as well as any subsequent filings with the Securities and Exchange Commission. In addition, any forward-looking statements represent Nuvalent's views only as of today and should not be relied upon as representing its views as of any subsequent date. Nuvalent explicitly disclaims any obligation to update any forward-looking statements.
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SOURCE Nuvalent, Inc. | https://www.wibw.com/prnewswire/2022/08/10/nuvalent-highlights-execution-across-pipeline-novel-kinase-inhibitors-reports-second-quarter-2022-financial-results/ | 2022-08-10T11:46:40Z |
Consumers are feeling better about the economy, despite rising prices
By Anneken Tappe, CNN Business
Americans are feeling slightly better about the economy again, in part because they believe the worst of the latest surge in gas prices is behind them, consumer sentiment data showed Thursday.
After an initial jump in energy costs in response to the military conflict in Ukraine was felt at US pumps in March, there has been some respite.
“Retail gas prices have fallen since the March peak, and that fact was immediately recognized by consumers,” said Richard Curtin, chief economist at the University of Michigan’s Surveys of Consumers.
In early April, survey participants expected gas prices would only increase by 0.4 cents per gallon in the year ahead, a welcome retreat from the March surge of 49.6 cents.
On Thursday, the national average gas price was $4.07 per gallon, according to AAA, compared with the peak of $4.33 on March 11.
Overall, the preliminary April data from the University of Michigan’s consumer sentiment survey beat economists’ predictions of a flat reading and edged higher.
Consumer expectations improved, both in terms of the economic and personal finance outlook, the survey found.
“A strong labor market bolstered wage expectations among consumers under age 45 to 5.3% — the largest expected gain in more than three decades, since April 1990,” said Curtin.
So, while rampant inflation and Russia’s war continue to put pressure on energy and food prices, consumers are feeling as if there is a glimpse of light at the end of the tunnel.
Even so, Thursday’s data must be put in perspective.
April’s sentiment index remained below its January level, and lower than in any month in the past decade, according to Curtin. Americans may feel a little better about the economy, but not all worries are gone.
The Consumer Price Index, a key measure of inflation, rose to a fresh 40-year high in March, increasing 8.5% year-over-year. Inflation is one of the main drivers of the sentiment survey.
Meanwhile, retail sales last month took a hit as Americans spent more of their household budget at the pump.
Total retail sales grew by 0.5%, but actually fell by 0.3% when stripping out gas stations, the Census Bureau reported early Thursday.
Economists remain hopeful that March was the pandemic inflation peak, which would mean fewer price headwinds for consumers in the months to come. That said, the geopolitical pressures on prices are expected to stick around for months and could dictate if inflation might pull back and by how much. On top of that, interest rates on mortgages, car loans and credit cards are rising as the Federal Reserve continues to tighten monetary policy.
Average 30-year fixed-rate mortgage rates reached 5% for the first time since 2010 in the week ending Thursday, according to Freddie Mac.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/14/consumers-are-feeling-better-about-the-economy-despite-rising-prices-2/ | 2022-04-14T17:22:54Z |
STAMFORD, Conn., May 17, 2022 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, announced today that it will report its unaudited financial results for the first quarter 2022 ended March 31, 2022 after the U.S. stock market close on Tuesday, June 7, 2022. The Company will hold a conference call to discuss the financial results at 5:00 p.m. U.S. Eastern Time on Tuesday, June 7, 2022 (5:00 a.m. China Standard Time on Wednesday, June 8, 2022).
What: ReneSola Power First Quarter (ended March 31, 2022) Earnings Call
When: 5:00 p.m. U.S. Eastern Time on Tuesday, June 7, 2022 (5:00 a.m. China Standard Time on Wednesday, June 8, 2022)
Webcast: https://edge.media-server.com/mmc/p/az86prxx
Please register in advance to join the conference call using the link provided below and dial in 10 minutes before the call is scheduled to begin. Conference call access information will be provided upon registration.
Participant Online Registration: http://apac.directeventreg.com/registration/event/7779910
A replay of the conference call may be accessed by phone at the following numbers until June 15, 2022. To access the replay, please reference the conference ID 7779910.
A webcast of the conference call will be available on the ReneSola Power website at http://ir.renesolapower.com.
About ReneSola Power
ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across number of regions where the solar power project markets are growing rapidly and can sustain that growth due to improved clarity around government policies. The Company's strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York. For more information, please visit www.renesolapower.com.
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SOURCE ReneSola Ltd. | https://www.kxii.com/prnewswire/2022/05/17/renesola-power-release-first-quarter-2022-financial-results-june-7-2022/ | 2022-05-17T21:00:07Z |
The Powermat PMT 100 Wireless Power Solution Named a Winner in the Innovative Medical Product of the Year Category
TEL AVIV, Israel, June 29, 2022 /PRNewswire/ -- Powermat Technologies, Ltd., the global leader in advanced wireless power technology, today announced its Powermat PMT 100 Wireless Power Solution is a 2022 Best of Sensors Award winner in the Innovative Medical Product of the Year category. Presented by Sensors Converge and Fierce Electronics, the awards program honors the best in technologies, companies and leaders in the sensor ecosystem.
The Powermat PMT 100 is designed for small form factor devices, including medical devices such as hearing aids, EKGs, glucose monitors, breathing sensors, medical wearables, and implantables. Powermat The PMT 100 does not require a microcontroller and has minimal peripheral components, which greatly improves patient care and reduces the need for costly and inconvenient hospital and clinic visits. By integrating the Powermat wireless power solution, OEMs can achieve significant battery size reductions and lower device weights, while providing a more comfortable charging experience for patients.
"We're honored to win the Best of Sensors Innovative Medical Product of the Year Award in recognition of the comfort and freedom the Powermat PMT 100 lends to the patient experience," said Powermat CEO Elad Dubzinski. "Instead of using the most expensive, fine-tuned coils, our innovative PMT 100 design can be scaled up or down using software algorithms to meet our customers' optimal price point and performance requirements, while saving them time and money on manufacturing."
Powermat PMT 100 leverages Powermat SmartInductive™ Technology, which allows for a broader scope of capabilities than traditional magnetic induction solutions found in the market today. Powermat SmartInductive™ Technology offers a hybrid solution between inductive wireless charging and resonance, producing more power, more freedom of positioning, longer ranges between wireless power transmitters and receivers, and lower implementation costs.
Announced at the annual Sensors Converge Conference and Expo, Best of Sensors award winners are selected based on the value to the marketplace, the impact of the problems it solves or issues it addresses, and the uniqueness of the design. The judging panel included Roger Grace, Roger Grace Associates, Jack Gold, J. Gold Associates, Matt Hamblen, Fierce Electronics, Brian Zahnstecher, PowerRox, Leonard Lee, neXt Curve, and Mary Ann Maher, SoftMEMS.
Charlene Soucy, Senior Director, Sensors & Electronics said, "Again this year the innovation in the sensors industry did not disappoint with new, innovative ground-breaking technologies and individuals doing spectacular work. The Best of Sensors Awards was created to recognize the industry's best innovations. We congratulate Powermat on being named a winner."
About Powermat Technologies
Powermat Technologies provides advanced Qi-certified and proprietary wireless power solutions for IoT, telecom (5G), automotive, robotics, consumer electronics, medical devices, and industrial applications. Powermat wireless power solutions and IP licensing programs enable global businesses to incorporate advanced wireless power into their products and customize solutions for unique use cases. Global market leaders including Samsung, General Motors, Flex, Harman International, Pivotal Commware, and Kyocera have adopted Powermat wireless power solutions. Over 800 million smartphones, 40 million embedded accessories, and 8 million cars worldwide have Powermat solutions inside.
Media Contact
Annika Harper
Antenna Group for Powermat Technologies
annika.harper@antennagroup.com
+1 646-854-3764
Robert Dugan
Powermat Technologies
Marketing Director
Robert.dugan@powermat.com
+972-2-995-0500
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SOURCE Powermat | https://www.wibw.com/prnewswire/2022/06/29/powermat-technologies-receives-best-sensors-award-2022-sensors-converge-conference-amp-expo/ | 2022-06-29T16:42:38Z |
SAN FRANCISCO (AP) — Alyssa Nakken was hard at work in the batting cage, just a few steps from the dugout, when suddenly the call came: The San Francisco Giants needed her to coach at first base.
She quickly pulled off her sweatshirt, grabbed her No. 92 jersey and found a bright orange batting helmet.
A few minutes later, Nakken made major league history as the first female coach on the field in a regular-season game when she took her spot Tuesday night in a 13-2 win over San Diego.
"I think we're all inspirations doing everything that we do on a day-to-day basis and I think, yes, this carries a little bit more weight because of the visibility, obviously there's a historical nature to it," she said. "But again, this is my job."
Nakken came in to coach first base for the Giants in the third inning after Antoan Richardson was ejected.
When she was announced as Richardson's replacement, Nakken received a warm ovation from the crowd at Oracle Park, and a congratulatory handshake from Padres first baseman Eric Hosmer.
"Right now in this moment as I reflect back, I reflect back to somebody needed to go out, we needed a coach to coach first base, our first base coach got thrown out, I've been in training as a first base coach for the last few years and work alongside Antoan, so I stepped in to what I've been hired to do, is support this staff and this team," Nakken said.
The baseball Hall of Fame was ready, too. Her helmet is already on its way to the shrine in Cooperstown, New York.
San Francisco manager Gabe Kapler said Nakken had "prepared for this moment" while working with Richardson and others.
"So it's not a foreign spot on the field for her. She does so many other things well that aren't seen," he said. "So it's nice to see her kind of be right there in the spotlight and do it on the field."
Nakken is an assistant coach who works heavily with baserunning and outfield defense. She watches games from an indoor batting cage near the steps to the dugout — and keeps a Giants jersey nearby, just in case she needs it.
And in an instant Tuesday night, she needed it.
The 31-year-old Nakken jogged onto the field four days after Rachel Balkovec became the first woman to manage a minor league affiliate of an Major League Baseball team. She guided the New York Yankees' Class A Tampa club to a win in her first game.
Nakken had previously coached the position in spring training and during part of a July 2020 exhibition game at Oakland against now-Padres manager Bob Melvin when he was skipper of the Athletics. She started at first again a night later against the A's in San Francisco as the teams prepared for the pandemic-delayed season.
"You feel a sense of pride to be out there," Nakken said at the time. "Me personally, it's the best place to watch a game, that's for sure."
The former Sacramento State softball star, whose blonde braid hung out from her orange protective helmet Tuesday, became the first female coach in the big leagues when she was hired for Kapler's staff in January 2020.
At Sacramento State from 2009-2012, Nakken was a three-time all-conference player at first base and four-time Academic All American. She went on to earn a master's degree in sport management from the University of San Francisco in 2015 after interning with the Giants' baseball operations department a year earlier.
From Day One with the Giants, Nakken embraced her role as an example for girls and women that they can do anything.
"It's a big deal," she said. "I feel a great sense of responsibility and I feel it's my job to honor those who have helped me to where I am." | https://www.tdtnews.com/news/article_d164dd90-bb25-11ec-bfce-530f78c94822.html | 2022-04-13T14:53:22Z |
Reversal of Point Molate development costs city millions and loss of community benefits
City faces lawsuits that will adversely affect the general fund
RICHMOND, Calif., May 27, 2022 /PRNewswire/ -- On May 24, the Richmond city council voted to deny Winehaven Legacy, LLC, a special purpose entity of Irvine-based developer, Suncal, the right to develop the former Pointe Molate Naval Fuel Depot. The deal would have added over $22.5 million to the general fund, ensured substantial environmental cleanup, rehabilitated the Winehaven Historic District, and expanded the beach park, while providing over 4,000 jobs.
Initially inked in 2020, the contract would have also preserved more than 70% of the property as open space and paid the Guidiville Tribe and its developer, Upstream Point Malote, LLC, an additional $22.5 million. The property will now be sold to the Guidiville Tribe for only $400 with no payment to the City's general fund.
The Navy deeded the original property to the City of Richmond with the understanding that Richmond would oversee its clean-up and would develop the area for beneficial use.
The City first agreed to sell the land to Upstream and the Guidiville Tribe. After years of effort by Upstream and the Tribe, the City refused to approve their project. The Tribe and Upstream sued.
The City settled that lawsuit to avoid a costly verdict against it. In the settlement, the City was given one more chance to make productive use of Point Molate and serve the community's interests. The City was given a period of time to find a developer and sell the developable areas of the property to it.
Winehaven was chosen, and struck a $45 million deal with Richmond, which the City of Richmond would split with Upstream and Guidiville. This proposal included a commitment to deliver over 1400 new homes, rehabilitate the historic buildings, bring in local development jobs and create recreational access to an area that has long been fenced off and unavailable for public use.
To ensure that the project would be successful, Winehaven worked closely with city staff on the project and negotiated a Disposition and Development Agreement and a Development Agreement that included a preliminary financing plan for the construction of the project. These documents also obligated the City to work with Winehaven to make the project successful. The City Council approved these documents in September 2020.
In 2021, the new City Council claimed that the agreed-upon financing plan was inadequate, suggesting it would put the City's general fund at risk. City Councilmember Claudia Jimenez, admitted at the hearing the real reason they were preventing the project. She said "we don't want a high-end housing project…" at Pointe Molate, indicating the true reason for the change in project support.
"The new City Council and its law firm, Aleshire and Wynder, had no good faith basis to prevent the deal from moving forward," said a Winehaven spokesperson who noted that the claim that the project would adversely impact the City's general fund was patently false.
Guidiville and Upstream will now get the developable areas of the 270 acre Pointe Molate property for only $400 with no payment to the City's general fund. This has caused yet another lawsuit against the city, putting the general fund at risk, and denying the City of Richmond a rehabilitated Historic District, open space trails, and shoreline park that could have been a destination for the entire Bay Area.
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SOURCE SunCal | https://www.wibw.com/prnewswire/2022/05/28/city-richmond-ca-sells-270-acre-parcel-400/ | 2022-05-28T02:29:16Z |
In the latest twist in the Twitter-Elon Musk saga, the company has sued the billionaire Tesla CEO in an attempt to force him to complete his $44 billion takeover.
Twitter claims in a lawsuit filed Tuesday in Delaware that Musk’s “outlandish” and “bad faith” actions have caused the social media platform irreparable harm and sunk its stock price.
Legal experts say Twitter Inc. has a strong case, but the coming court battle could be long and contentious and the outcome uncertain. So what’s next for Twitter and Musk in the battle over the social media company’s future?
WHY DID TWITTER SUE ELON MUSK?
In short, Twitter wants to complete the deal both sides had agreed to, and says Musk’s reasons for backing out are just a cover for his cold feet after the takeover no longer makes financial sense for him.
In April, Musk pledged to pay $54.20 a share for Twitter, which agreed to those terms after reversing its initial opposition to the deal. But the two sides have been bracing for a legal fight since the billionaire said Friday that he was backing away from his agreement to buy the company, saying Twitter did not give him enough information about how many spam accounts are on the service, among other reasons.
Twitter’s lawsuit asserts that “Musk refuses to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests.”
“Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he — unlike every other party subject to Delaware contract law — is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away,” the suit states.
Musk agreed to pay 38% above Twitter’s stock price at the time that he offered the “take it or leave it” deal, the lawsuit says. But soon after, the stock market stumbled and shares of Tesla, where most of Musk’s personal wealth comes from, lost more than $100 billion of their value.
HAS MUSK RESPONDED?
Not formally, although he has tweeted. After Twitter filed the lawsuit, Musk, who has more than 100 million followers, tweeted “Oh the irony lol” without explanation. Earlier in the week, he had taunted Twitter over the anticipated lawsuit, suggesting that the trial court discovery process — when both sides have to hand over evidence — would finally reveal the internal spam bot data he’s been demanding.
WHAT HAPPENS NEXT?
Barring the unlikely event of the two sides settling, the case is headed to trial and a judge could start making decisions this summer. Twitter has told employees it asked for an “expedited trial” to be heard in September because it is “critically important” to get it resolved quickly.
“Delaware prides itself on being very fast in responding to urgent issues where there is a lot of public or shareholder attention,” said Lawrence Cunningham, a law professor and corporate governance expert at George Washington University.
But it could still end up dragging for weeks or longer, especially if either side tries to stretch it out. “Twitter would probably want to get things done fast. Elon, I don’t know,” Cunningham said.
WHY DELAWARE?
Twitter filed its lawsuit in the Delaware Court of Chancery, which frequently handles business disputes among the many corporations, including Twitter and Tesla, that are incorporated there. The court describes itself as the “nation’s preeminent forum for the determination of disputes involving the internal affairs of the thousands upon thousands of Delaware corporations and other business entities.” The Twitter-Musk case, in that sense, is unusual because it involves a business suing an individual.
WHAT ARE THEY ARGUING ABOUT?
The spam bot question will likely be a central theme, since that is the main pretext through which Musk wants to back out of the deal and “might be a richer argument than people think,” said Donna Hitscherich, a Columbia University business professor.
Twitter claims in its lawsuit that Musk started out saying he wants to buy Twitter to rid it of “crypto spam” he viewed as a “major blight on the user experience” — and take it private because “purging spam would otherwise be commercially impractical.”
But when the stock market went south, Twitter claims, “Musk shifted his narrative, suddenly demanding ‘verification’ that spam was not a serious problem on Twitter’s platform, and claiming a burning need to conduct ‘diligence’ he had expressly forsworn.”
Does the spam issue present a “material breach” of Twitter’s obligation in the deal, as Musk claims, because the company didn’t give him sufficient data to determine how many of the platform’s 229 million accounts are fake? Or is Musk breaching his obligation to follow through with the contract he signed? That’s what the court will determine.
COULD MUSK BE FORCED TO BUY TWITTER?
That is certainly a possible outcome, though some experts say the court may not go that far. That said, the general sentiment favors Twitter in the suit.
In a case with potential relevance to Musk’s legal fight, the chancery court last year forced private equity firm Kohlberg & Co. to go through with its $550 million buyout of DecoPac, a company based in Minnesota that calls itself the world’s largest supplier of cake decorating supplies to professional decorators and bakeries. The case was emblematic of the court’s common — though not uniform — resolution of enforcing contractual obligations on buyers.
Other options include Musk being forced to pay the $1 billion breakup fee each side agreed to if deemed responsible for the deal falling through. Or he might have to pay off a larger amount without actually buying the company for $44 billion.
“If he’s walked away from the deal, there’ll be damages and it’s not necessarily limited to the breakup fee,” Hitscherich said.
Delaware courts have been “very picky” about interpreting what counts as a valid reason for backing off of a deal, Cunningham said. The gap between what Musk knew about Twitter in April and the state of the company today “has to be revolutionary,” and there’s little evidence of that, he said.
—-
Associated Press Writer Marcy Gordon contributed to this story. | https://cw33.com/technology/ap-technology/explainer-what-happens-next-in-the-musk-twitter-saga-2/ | 2022-07-14T12:18:24Z |
Which Avengers Funko POP! is best?
The Avengers are some of comics’ most beloved protectors of Earth. The mighty heroes from around the galaxy have had their stories told on the page and screen. There are plenty of characters for fans to embrace and plenty of ways to do so; perhaps no collectible toys are more popular than those of Funko POP!
The eye-catching Funko POP! Artist Series Infinity Saga set honoring the original six Avengers is the best pick. With so many heroes and a range of source material, it’s important to know what’s available and how to find what you want so you can show off your favorite Avengers.
What to know before you buy an Avengers Funko POP!
What are Funko POP! toys?
In 2010, Funko debuted its first set of toys, inspired by bobblehead figurines. Initially, Funko’s 3.75-inch vinyl figurines were cute collectibles made for comic fans of all ages. Popularity exploded and Funko POP! toys began to draw inspiration from all genres of film and TV, even creating figurines of famous athletes, leaders and cultural icons. However, comics continue to be a big focal point for these inexpensive and detailed toys.
Inspiration
There is a lot of source material from which to draw inspiration for Avengers Funko. Most options are from the Marvel Cinematic Universe, which comprises more than two dozen films and counting. Many Funko vinyls may be made for each film, with characters in different costumes and poses, recreating memorable moments. Any given film may inspire 10 or more toys. Many characters have appeared in multiple films. There are more than 50 Iron Man toys alone.
In addition, some options are inspired by comic-book looks and stories.
Retailers
Funko sells vinyl toys directly from its website, but it also partners with many different retailers. In most cases, however, specific toys are exclusive to one specific partner, which means fans may have to do some work to find the one they desire.
Additionally, some Avenger Funko toys are for specific events and may sell a limited supply there. These options may be harder to find or more expensive, depending on their popularity.
What to look for in a quality Avengers Funko POP!
Collections
While most Funko POP! toys are solitary figurines that can be enjoyed and displayed by themselves, a few sets feature multiple options meant to be collected in their entirety. There are three specific Avengers series, all of which feature the original six superheroes from the films. One set is a nested collection depicting a victory scene at the end of “The Avengers,” with six toys that nest together. Another celebrates their heroic poses in the same film, while a new set draws inspiration from the powerful Infinity Stones.
Finishes
Some Funko toys boast unique finishes, with characters coated in gold, metallic chrome or any number of shiny colors. There are options with a neon finish as well as those that glow in the dark. Sepia, patina and even black-and-white finishes are also available.
Combos
Most Funko toys are sold by themselves, but some come in packs with two, three, four or five. These typically feature characters that are related in some way or starred together in the same film. In addition, Funko has a series of Movie Moments, in which two characters recreate an iconic scene from a notable movie.
How much you can expect to spend on Avengers Funko POP!
Most Avengers Funko POP! toys cost around $10-$15, but combo packs and rarer items may cost more.
Avengers Funko POP! FAQ
Who are the Avengers?
A. The Avengers are a group of superheroes in Marvel Comics, telling stories for over 80 years. While various films have been adapted over the years, the Marvel Cinematic Universe, which began with “Iron Man” in 2008, has brought these characters into the mainstream amid an ever-growing roster of films and TV series.
In the film series, the original Avengers are Iron Man, Thor, Captain America, Hulk, Hawkeye and Black Widow. While the original group is different in the comics, pretty much every Marvel hero becomes an official or unofficial part of the group at one point or another. In the films, this includes Spider-Man, Vision, Scarlet Witch, Falcon and many others.
When will new Avengers Funko POP! toys come out?
A. With so many Marvel shows and films in the works, fans can expect a fairly steady stream of new toys. There are plenty of new options already released in 2021, with four Marvel TV shows, including “What if…?” and a pair of films inspiring new toys. Typically, Funko will sell new toys a month or two ahead of a film or show’s debut, although manufacturers may save some until after most fans can view the content in case a figurine constitutes a spoiler.
What’s the best Avengers Funko POP! to buy?
Top Avengers Funko POP!
Artist Series: Marvel Infinity Saga
What you need to know: This beautiful series for dedicated fans depicts the original six Avengers, each with its own colorful, shimmering finish.
What you’ll love: Each Avenger comes coated in a different glimmering color inspired by the six Infinity Stones, including Black Widow in red and Thor in purple. One stand connects all the figurines for an impressive display.
What you should consider: This line is fairly expensive.
Where to buy: Sold by Amazon
Top Avengers Funko POP! for the money
Marvel: Avengers Infinity War – Thor
What you need to know: Inspired by one of the most memorable scenes in the MCU, this vinyl depicts a determined Thor, wielding Stormbreaker and ready to take on Thanos.
What you’ll love: It features the iconic look of Thor from “Avengers: Infinity War” as he descends on the Wakanda battlefield with his giant axe. It comes at a low price.
What you should consider: This is not the traditional Thor look.
Where to buy: Sold by Amazon
Worth checking out
Marvel: Avengers Assemble Series – Hawkeye Avengers
What you need to know: Part of a series, this Hawkeye figurine shows off his heroic battle pose inspired by the third act in “The Avengers.”
What you’ll love: This series features all original six Avengers directly inspired by an unforgettable scene in the first group MCU film. Pieces can be nested together for a completely circular display.
What you should consider: There is a high investment to obtain all six.
Where to buy: Sold by Amazon
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Anthony Marcusa writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/hobby-collectibles-br/best-avengers-funko-pop/ | 2022-05-22T13:27:09Z |
BEIJING (AP) — Chinese consumer spending and factory output edged up in August but still were weak, official data showed Friday, and forecasters warned the second-largest economy is vulnerable to repeated shutdowns of cities to fight virus outbreaks.
Housing sales plummeted while prices edged lower, adding to a slide in real estate activity under pressure from a government campaign to control surging corporate debt that set off an economic slump in mid-2021.
“China’s economy held up slightly better than anticipated last month, but momentum still weakened,” said Julian Evans-Pritchard of Capital Economics in a report. “September is shaping up to be even worse.”
Chinese leaders are trying to prop up economic growth that sank to 2.5% over a year earlier in the first six months of 2022, less than half the official 5.5% target, without big stimulus spending that might push up debt and housing costs.
Economists say this year’s Chinese economic growth might come in below 3%, less than half of last year’s 8.1%. The ruling Communist Party has stopped talking about being able to meet its 5.5% target.
Retail sales, one of China’s most important economic engines, rose 5.4% in August over a year earlier, double the previous month’s 2.7% growth, according to the National Bureau of Statistics. That beat forecasts of 3.3%.
Factory output grew by 4.2%, up from July’s 3.8% but still weak by Chinese standards. Investment in factories, real estate and other fixed assets edged up to 5.8% from the previous month’s 5.7%.
China’s rebound from the pandemic was disrupted by anti-virus measures that shut down Shanghai and other industrial centers starting in March. Those restrictions have eased but controls have been temporarily reimposed on the southern business center of Shenzhen and other cities to control outbreaks.
The economy “remains at risk from future lockdowns,” said Robert Carnell of ING in a report.
The ruling party is sticking with a “zero COVID” strategy that calls for keeping the disease out of China by isolating every case. Officials have responded to complaints about the rising economic cost and social disruption by warning that lifting controls will lead to outbreaks that will be more expensive and destructive.
Housing sales fell 30.3% from a year earlier, reflecting disruption as builders cope with tighter limits on their use of debt. Many buyers appear to be reluctant to spend after thousands of apartments that already were paid for were left unfinished, forcing local authorities in some areas to step in and try to complete them.
Prices paid for new homes declined 0.3% from July.
“As a major pool of Chinese household wealth, this won’t help encourage spending,” said Carnell. “These numbers are likely to remain a blot on the economic landscape for quite a while.” | https://cw33.com/business/ap-business/ap-chinas-consumer-factory-activity-improve-but-still-weak/ | 2022-09-16T23:06:53Z |
CAUGHT ON CAM: Man performs CPR after pulling drowning 4-year-old from apartment pool
LAWRENCE, Kan. (KMBC) – A newly released video out of Kansas shows the dramatic rescue of a 4-year-old boy drowning in a pool.
After Xavier Rigney slipped into the water at an apartment complex in Lawrence, it took three minutes and 22 seconds before help arrived.
Before responders could get there, Tom Westerhaus jumped into action after his 12-year-old son Mattox saw the child and alerted him.
Westerhaus performed CPR for two minutes and 41 seconds, which he learned as a lifeguard years ago.
“Definitely went and he started to cough up water and everything,” he said. “I knew that was a good sign and I just didn’t realize I had to keep going for so long.”
Westerhaus was reunited with Xavier and his mother, Alexis Rigney, for the first time eight days later.
Rigney said she was helping her 4-month-old when she realized Xavier, who has autism, was gone, and the door left open.
“Anything could happen in a matter of minutes,” Rigney said. “I’m just glad that he’s OK now, and he’s my best friend, so I don’t know what I would do without him.”
Responders say what happened at the apartment complex is a sobering reminder that drowning doesn’t always look like what you might think it does.
“Drownings don’t always draw attention to themselves,” Rob Fleeup, battalion chief of Douglas County Fire and Medical, said. “It’s just attentive people and just eyes on the water and paying attention to your surroundings that save lives.”
Copyright 2022 KMBC via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/05/30/caught-cam-man-uses-cpr-after-pulling-drowning-4-year-old-apartment-pool/ | 2022-05-30T21:02:23Z |
Jan. 6 panel to share 20 transcripts with Justice Department
WASHINGTON (AP) — The House Jan. 6 committee will share 20 of its interview transcripts with the Justice Department as federal prosecutors have been increasingly focused on efforts by former President Donald Trump and his allies to overturn the results of the election.
A committee aide said that the panel will share the 20 transcripts but has “no plans to share additional transcripts at this time.” The person, who requested anonymity to discuss the confidential transaction, would not say which interviews the committee is sharing.
The information sharing comes after the committee had rejected a Justice Department request for transcripts in May. At the time, the committee’s chairman, Mississippi Rep. Bennie Thompson, had said it was “premature” for the committee to share its work because the panel’s probe is ongoing.
Since then, the panel has been negotiating an agreement over the documents as the department has stepped up its probes. Several senior aides to former Vice President Mike Pence have appeared before a federal grand jury and prosecutors have seized records from a group of Republicans who served as fake electors in battleground states won by President Joe Biden. Trump and his allies pushed officials in those states to replace Biden’s duly selected electors with ones who supported him as they advanced claims that his victory had been stolen.
It remains unclear whether prosecutors might seek to bring criminal charges against Trump, who denies any wrongdoing.
Attorney General Merrick Garland, who is facing mounting pressure from congressional Democrats to bring charges against the former president, has said prosecutors will hold anyone accountable — no matter their position — if they broke the law.
In an interview with NBC News this week, Garland said the Justice Department would “bring to justice everybody who was criminally responsible for interfering with the peaceful transfer of power from one administration to another.”
The committee has not said if it plans to eventually share all of its transcripts with the Justice Department or the public. The Jan. 6 panel has done more than 1,000 interviews, but not all of those were formally transcribed.
The Justice Department declined to comment Friday on the transcripts.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/29/jan-6-panel-share-20-transcripts-with-justice-department/ | 2022-07-29T18:11:03Z |
Downtownhecks Tap Room in Massillon becomes the Bluebird Cafe of Stark County
MASSILLON – Downtownhecks Tap Room was dimly lit as people drank, conversed, ate cheesecake and listened to the impassioned singing of Tawyna Reynolds.
Perched on a stool at the back of the venue, the country music artist strummed an acoustic guitar and fixed her eyes on the audience with a quiet intensity. In between songs, she chatted with those nearby, injecting humor before introducing the next tune.
Reynolds has performed at Nashville hotspots and outside the country. She also appeared on "The Voice" in 2013, advancing to the top 32.
But she seemed especially at home at Downtownhecks, a hangout at 43 Lincolnway E in downtown Massillon.
Once a month, the Nashville-based singer-songwriter performs at the Massillon bar. She'll return at 7:30 p.m. June 2.
"I'm so grateful because this has been such a cool connection," Reynolds said during a break in her three-hour set in late March. "And it's a corner of the world that I didn't know existed, and now I can't live without it."
Dori Heck owns Downtownhecks, and oversees it, while her husband, Matt Heck, a fellow music lover, helps curate the acts and bands, including those who perform at the adjoining Sangria Stand. Dori owns that business, too.
Downtownhecks features more than 100 Ohio craft beers, with 24 on tap, along with wine and craft sangrias. The full bar includes high-end bourbon and tequila.
Saturday nights feature guest food trucks; customers also can bring in their own food from partnering restaurants in downtown Massillon. Thursday nights feature locally made gourmet cheesecake and macarons.
Using a patio, guests can move back and forth between the tap room and sangria/boutique side.
Dustin Kines of Canal Fulton is another Nashville musician who performs in Massillon
Since opening, Downtownhecks has become a hub for local and area musicians, as well as a few Nashville artists. A cozy venue where music either can be the main draw for visitors or a pleasant backdrop.
Standing out among the musical guests is Reynolds, who impressed celebrity coaches Adam Levine, Shakira and Usher on "The Voice."
Canal Fulton native Dustin Kines is another Nashville-based talent who performs at Downtownhecks. The 34-year-old Canal Fulton native released his debut self-titled album last year. Kines recently performed at the North Canton Craft Beer Festival.
More:Lauren Mascitti dazzles Canton crowd with country music flair after venue change
More:Joe Nichols happy to be touring again and playing Country Fest 2 at Clay's Park
Kines, who plays modern country, also will perform at 8:30 p.m. July 30 at the Balloon Classic on the campus of Kent State University at Stark during the Pro Football Hall of Fame Enshrinement Festival.
He compared Downtownhecks to venues in Tennessee, "where the people are really there to seek the music again."
"I recently was blessed enough to play The Bluebird Cafe (in Nashville), and I am glad to see that something like that is being inspired for recreation right here outside of my hometown," he said of Downtownhecks.
Garth Brooks, Faith Hill, Keith Urban, Trisha Yearwood and other country music stars got their start at the small but iconic Bluebird Cafe, including Taylor Swift, who returned to perform there a few years ago.
'Their voice just resonates through you, and you feel their feelings.'
Matt Heck seeks musical artists who are a good match for Downtownhecks.
"You sit there and you listen to someone sing live acoustic songs, and their voice just resonates through you, and you feel their feelings, and you feel their emotions, and the people around you have the same experience," Matt Heck said. "That feeling stays with you and you want to come again."
Downtownhecks regulars include the Stark County-based Hey Monea, a popular pop rock band with Americana and mainstream influences. Other performers are Patrick Masalko, Ben Gage, Josh Laird, Nick Bonner, Cody J. Martin, My Buddy Josh's Band and Josee McGee.
Hey Monea is scheduled for 7 p.m. on June 1.
For other upcoming show dates, visit www.facebook.com/Downtownhecks-Tap-Room-100446235133456
Matt and Dori Heck share passion for music
So how did Downtownhecks, which opened roughly two years ago, attract musicians from the Nashville scene?
Matt Heck is a music man by nature. In the '90s, he even made a run in the industry as a member of the hip-hop, pop music group Nu Groove.
"We just kind of took to music," he said of the four members. "We danced, we performed, we had a manager. We got very lucky — we got signed with Atlantic Records."
A record was never released, however, and the 1994 Washington High School graduate later gave up on his music dreams.
Moving to New York, Heck worked as a financial advisor and stockbroker. New York is also where he met Dori; they both worked at a bar in Huntington. She's originally from California.
Dori loves music, too.
"What's great is because of our different backgrounds and our different likes on music, we'll lay in bed at night and we go through music on Facebook and ask each other, 'What do you think?' We're listening, and acting like fans."
It wasn't long before the couple was booking musicians at Downtownhecks. Reynolds path to Massillon was through a Nashville friend who knows Matt Heck.
During the earlier phase of the pandemic in 2020, when live performing was shut down in Nashville, Reynolds began performing at the Massillon bar.
More:Downtownhecks Tap Room in Massillon offers array of Ohio craft brews
More:Concert for Legends to conclude Hall of Fame Festival with Brad Paisley, Jimmie Allen
And she's been making regular visits to Downtownhecks since. Reynolds often shows up with her friend Tarynn Minegar of Akron, who helped connect Heck and the country music artist.
"It's a fun place to play," Minegar said. "Tawnya will go anywhere she can to play music. That's what she does; she's a singer-songwriter."
Matt Heck said he admires Reynolds' commitment to her craft.
"She's in it for the music," he said. "The thing that sets musicians apart in my opinion is you can tell what musicians are up there because they love to perform music, because it's their passion, and they're excited about it.
"When (guests) leave the bar that night, that memory stays with them rather than some background music with someone playing a guitar."
Downtownhecks isn't a music club in the traditional sense. There's no large stage, no theater seating. Tables, couches and comfy chairs maintain an intimate, casual atmosphere, where both regulars and first-time guests feel at ease.
Downtownhecks is a hybrid of a refined road house, hip brew pub and neighborhood gathering place.
'When I play here, no two shows are the same.'
Reynolds performs at venues in Nashville, other parts of Tennessee, Michigan, Akron and elsewhere. She's toured the country previously.
Blending classic and contemporary country, her last album was the 2019 release, "Watering Dead Flowers."
Before Reynolds was asked to audition for "The Voice" in 2013, she had already released multiple records.
Highlight moments on the show included her rendition of "Mamas Don't Let Your Babies Grow Up To Be Cowboys" and "The Chain" by Fleetwood Mac.
When she played Downtownhecks earlier this spring, Reynolds embraced the relaxed vibe. She entertained the crowd with original material, plus renditions of Fleetwood Mac, Dolly Parton and Whitney Houston.
"It's like snowflakes," she said after her first set. "When I play here, no two shows are the same."
"This is so nice because people are here for the music," Reynolds added. "And they love how it feels to be around the music."
Reynolds said she makes time to perform at Downtownhecks because the venue and its proprietors "are completely authentic."
"And they're in love with what they do," she said. "They let me be me."
Matt and Dori traveled to Nashville recently to visit the singer. Reynolds gave them a tour of the music scene.
"Every place we went with Tawnya ... she knew everyone playing (including Grammy-winning guitarists)," Matt said. "It was amazing to go into a bar with tons of people and the musician shout out to Tawnya and invite her on stage to sing."
Heck also was on the lookout for other singers to bring to Massillon.
"I'm always scouting for musicians no matter where I am to hopefully be able to come to an agreement to play in Massillon," he said. "I am always trying to bring the best new musician and best beer here."
Downtownhecks brings the artist and audience together up-close
Heck considers Kines another prized musical discovery.
"Playing home will always feel the best," Kines said in response to emailed questions. "Mom and dad can make it front row, but most of all, Matt is trying to bring a piece of that songwriting original music magic here to Massillon, and moving away from the cover band scene is the best feeling in the world.
"When you see Nashville, you can see peoples' working hearts just being put to use nonstop," the Northwest High School graduate said. "Matt made me feel like I was something; a somebody who carries something people want to hear and be a part of."
'Any request I throw out, she'll play'
Downtownhecks patron Todd Fair is an avid country music fan.
"You name it," he said, "and I've seen them."
Fair hadn't heard of Reynolds before watching her at Downtownhecks.
"This is my favorite because you can see the artist," the 50-year-old Massillon resident said. "And you're 10 feet away. (Reynolds) plays so great — any request I throw out, she'll play.
"And while you're here, she'll come out and say hi to you, and remember you from last time."
Reach Ed at 330-580-8315 and ebalint@gannett.com. On Twitter: @ebalintREP | https://www.cantonrep.com/story/entertainment/2022/05/26/downtownhecks-massillon-local-spin-nashvilles-bluebird-cafe/7182111001/ | 2022-05-26T09:00:27Z |
All eyes on airlines as July Fourth holiday weekend nears
DALLAS (AP) — Airlines that have stumbled badly over the last two holidays face their biggest test yet of whether they can handle big crowds when July Fourth travelers mob the nation’s airports this weekend.
Problems were popping up well before the weekend, with some disruptions caused by thunderstorms that slowed air traffic.
American Airlines canceled 8% of its flights on Tuesday and Wednesday, and United Airlines scrubbed 4% of its schedule both days, according to FlightAware.
Holiday revelers planning to drive face their own set of challenges, including high gasoline prices. The nationwide average has eased since hitting a record $5.02 in mid-June to $4.86 a gallon on Thursday, according to AAA, which expects prices to continue to ease because of rising gasoline inventories.
Americans are driving a bit less. Gas demand last week was down about 3% from the same week last June, according to government figures. In a Quinnipiac University poll in June, 40% of those surveyed said gas prices have caused them to change their summer vacation plans.
Air travel in the U.S. is almost back to pre-pandemic levels. Since last Saturday, an average of nearly 2.3 million people a day have gone through airport checkpoints — down just 8% from the same days in 2019. If that trend continues through weekend, records will be set for flying in the pandemic era.
Airlines may not have enough planes and flights to carry all of them, especially if there are cancellations due to weather, crew shortages or any other reason.
“Airlines are learning the hard way that there is a severe price for over-optimism,” said Joseph Schwieterman, a transportation expert at DePaul University. “They are on the edge of a cliff this holiday.”
Schwieterman calculates that airlines have little cushion between the number of travelers expected to fly this weekend and the flights they plan to operate — if all goes well. Any disruptions could cause chaos because planes are booked full — there will be no empty seats on later flights to accommodate stranded travelers.
Airlines have been caught short-staffed as they try to hire thousands of workers, including pilots, to replace those who they encouraged to quit when the pandemic caused air travel to plummet.
Many of them, including Delta, Southwest and JetBlue, have trimmed summer schedules to reduce stress on their operations. They are using larger planes on average to carry more passengers with the same number of pilots. Those steps haven’t been enough so far this summer.
Delta Air Lines took the unusual step this week of warning travelers that there could be problems over the holiday weekend.
The Atlanta-based airline said it expects the biggest crowds since 2019, and this will create “some operational challenges.” It is allowing passengers booked on flights between Friday and the Monday holiday to change their schedule at no cost, even if the new flight comes with a higher fare.
“Delta people are working around the clock to rebuild Delta’s operation while making it as resilient as possible to minimize the ripple effect of disruptions,” the airline said.
Delta had by far the most canceled flights of any U.S. airline over the Memorial Day holiday stretch, when U.S. carriers scrubbed nearly 2,800 flights, and again last weekend, when it canceled 7% of its flights, according to FlightAware.
The airlines are increasingly trying to blame delays on understaffing at the Federal Aviation Administration, which manages the nation’s airspace and hires air traffic controllers.
“This year versus previous years, the biggest issue has been air traffic control,” said Barry Biffle, the CEO of Frontier Airlines. “We’ve made a lot of steps to avoid the Jacksonville center in our scheduling, and we have reduced some flying to accommodate that.”
The FAA has a major facility in Jacksonville, Florida, that handles many flights up and down the East Coast. After a meeting with airline representatives in May, the FAA promised to increase staffing at the center.
Delta CEO Ed Bastian similarly blamed the FAA during an online meeting with employees Wednesday, trade publication Airline Weekly reported. Delta declined to comment.
Transportation Secretary Pete Buttigieg pushed back earlier this week when the head of the trade group Airlines for America blamed the FAA for delays.
“The majority of cancellations and the majority of delays have nothing to do with air traffic control staffing,” Buttigieg told “NBC Nightly News.”
Helane Becker, an airline analyst for investment firm Cowen, said there are many reasons for the disruptions including weather, FAA ground stops that last too long, and flight crews hitting their legal limit of working hours in a day. The airlines “seem to fail” when it comes down to daily operations, and the FAA didn’t train enough new air traffic controllers — a process that can take up to four years — to offset retirements.
“We expect it to be a long, tiresome summer for everyone,” she said.
The loudest lawmakers mostly seem to blame the airlines for leaving passengers stranded. Some point out that Congress gave the industry $54 billion in pandemic relief.
Sen. Bernie Sanders, I-Vt., urged Buttigieg to require airlines to issue refunds for delays longer than an hour and fine them for delays longer than two hours and for scheduling flights that they can’t staff. Sanders accused airlines of stranding passengers while charging “outrageously high prices.”
Buttigieg has threatened fines if airlines don’t fix their operations.
Sens. Edward Markey, D-Mass., and Richard Blumenthal, D-Conn., asked 10 airline CEOs this week to “take immediate action” to reduce travel disruptions. The senators demanded information about how each airline decides which flights to cancel and the number of consumer refunds requested and granted.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/30/all-eyes-airlines-july-fourth-holiday-weekend-nears/ | 2022-06-30T18:28:21Z |
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Unilever PLC ("Unilever" or the "Company") (NYSE: UL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Unilever and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Unilever is a British multinational consumer goods company which sells more than 400 products in over 190 countries, including Ben & Jerry's ice cream, which they acquired in 2000. In an attempt to preserve Ben & Jerry's longstanding "Social Mission," Unilever's acquisition of Ben & Jerry's included allowing for an independent board of directors, which was given primary responsibility for preserving and enhancing the objectives of the company's Social Mission (the "B&J Board").
More than 20 years after the acquisition, Ben & Jerry's remains a wholly owned subsidiary of Unilever with an independent board addressing the company's Social Mission. Since the acquisition, the B&J Board continued its Social Mission by engaging in promotions and advocacy across a host of issues concerning the environment, voter turnout, fair trade, and genetically modified organisms. Today, the B&J Board, chaired by Anuradha Mittal ("Mittal"), consists primarily of social activists who joined long after Unilever's acquisition.
The B&J Board passed a resolution in July 2020 to end sales of Ben & Jerry's products in areas that the B&J Board considers to be Palestinian territories illegally occupied by Israel. According to Mittal, Ben & Jerry's CEO Matthew McCarthy ("McCarthy") chose not to "operationalize" the resolution immediately, thus temporarily thwarting the B&J Board's decision. During the morning of July 19, 2021, Unilever and its hand-picked CEO McCarthy "operationalized" the B&J Board's resolution to boycott Israel. Ben & Jerry's announced on its website and through its Twitter account that, upon the expiration of the current licensing agreement by which its products had been distributed in Israel for decades, Ben & Jerry's would end sales of its ice cream in "Occupied Palestinian Territory", but Ben & Jerry's would purportedly continue to sell its products in Israel.
The decision by the B&J Board appeared to arise out of the boycott, divestment, and sanctions ("BDS") movement. The BDS movement is a pro-Palestinian movement promoting boycotts, divestments, and economic sanctions against Israel. The BDS movement's objective is to coerce Israel into making concessions to the Palestinians by using boycotts and the like to exert economic and political pressure. Additionally, and of particular significance here, 35 U.S. states have adopted laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel ("Anti-BDS Legislation").
During the morning of July 22, 2021, CNBC reported that the states of Texas and Florida were examining Ben & Jerry's actions in connection with the states' Anti-BDS Legislation. In addition to condemnation of Ben & Jerry's boycott by Texas Governor Greg Abbott, CNBC reported that Texas State Comptroller Glenn Hegar, who controls billions of dollars in assets for Texas' public pension funds, had already told his office to take action. Similarly, the state of Florida's CFO Jimmy Patronis ("Patronis"), who controls Florida's public pension funds, told CNBC that his office was already discussing the issue. In a letter reportedly sent to Ben & Jerry's CEO, Patronis wrote: "It is my belief that Ben & Jerry's brazen refusal to do business in Israel will result in your placement on the Scrutinized Companies that Boycott Israel List." The letter also stated that Florida would then "be prohibited from investing in Ben & Jerry's or its parent company, Unilever." Being added to the list also meant that Unilever would not be able to enter or renew contracts with the state or any municipality in Florida.
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
View original content:
SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/08/09/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-unilever-plc-ul/ | 2022-08-09T07:32:04Z |
SCOTTSDALE, Ariz., June 2, 2022 /PRNewswire/ -- During the month of June, Cold Stone Creamery® (www.ColdStoneCreamery.com) stores will once again host a nationwide fundraising promotion benefiting Best Buddies International®, a global nonprofit dedicated to creating opportunities for friendship, employment, leadership development and inclusive living for people with intellectual and developmental disabilities (IDD).
For over 30 years Best Buddies has been helping individuals within this community build friendships with their peers, gain leadership and advocacy skills, and find inclusive living opportunities. Cold Stone Creamery® is working with Best Buddies® to support their mission of ending the social, physical and economic isolation of the 200 million people living with IDD.
In honor of the fundraiser, two Best Buddies program participants, Drew and Stan, developed their very own Better Together Creation™. The Creation™ features Mint Ice Cream, Brownies, M&M'S® and Whipped Topping. In addition to the promotional Creation™, customers who donate $1 or more will receive double My Cold Stone Club® Rewards points on their entire purchase. Customers simply provide their phone number at checkout in-store or login into their rewards account when ordering online to earn their double points.
Cold Stone Creamery has also launched an exclusive Gift Back eGift card campaign. With every limited edition Give Back eGift card purchased online, Cold Stone will donate 10% of the amount* to Best Buddies. To learn more, purchase your Give Back eGift card, and make a difference please visit: https://coldstonecreamery.wgiftcard.com/responsive_auto/coldstone_resp/Virtual
"We are thrilled to announce the return of our annual fundraiser supporting Best Buddies International this month, a cause very near and dear to our hearts," said Sara Schmillen, vice president of marketing at Kahala Brands™, parent company of Cold Stone Creamery. "We invite and encourage our customers to show their support of friendship through the purchase of a Best Buddies eGift or by making a donation with their purchase."
Promotional Creation™:
- Better Together Creation™ - Mint Ice Cream, Brownies, M&M'S® and Whipped Topping
*Offer available online only from June 1 through June 30, 2022, while supplies last. Additional restrictions may apply. Purchaser receives the full value of the Give Back eGift. Proceeds will be based on the purchase of the specific limited edition Give Back eGift available via the Cold Stone Creamery website. Donation percentage is 10%, with a maximum annual donation of $100,000.
About Best Buddies® International
Best Buddies® is a nonprofit 501(c)(3) organization dedicated to establishing a global volunteer movement that creates opportunities for one-to-one friendships, integrated employment, leadership development and inclusive living for people with intellectual and developmental disabilities. Founded in 1989 by Anthony K. Shriver, Best Buddies is a vibrant organization that has grown from one original chapter to nearly 2,900 middle school, high school, and college chapters worldwide. Today, Best Buddies' nine formal programs — Middle Schools, High Schools, Colleges, Citizens, e-Buddies® , Jobs, Ambassadors, Promoters and Inclusive Living— engage participants in each of the 50 states and in 56 countries, positively impacting the lives of more than 690,000 people with and without disabilities around the world. In many cases, as a result of their involvement with Best Buddies, people with intellectual and developmental disabilities secure rewarding jobs, live on their own, become inspirational leaders, and make lifelong friendships. For more information, please visit www.bestbuddies.org, facebook.com/bestbuddies or twitter.com/bestbuddies.
About Cold Stone Creamery
Cold Stone Creamery® delivers the Ultimate Ice Cream Experience® through a community of franchisees who are passionate about ice cream. The secret recipe for smooth and creamy ice cream is handcrafted fresh daily in each store, and then customized by combining a variety of mix-ins on a frozen granite stone. Headquartered in Scottsdale, Arizona, Cold Stone Creamery is owned by parent company Kahala Brands™, one of the fastest growing franchising companies in the world with a portfolio of nearly 30 fast-casual and quick-service restaurant brands with approximately 3,000 locations in 35 countries. The Cold Stone Creamery brand operates nearly 1,500 locations globally in approximately 30 countries worldwide.
For more information about Cold Stone Creamery, visit www.ColdStoneCreamery.com.
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SOURCE Cold Stone Creamery | https://www.mysuncoast.com/prnewswire/2022/06/02/cold-stone-creamery-announces-return-fundraiser-benefiting-best-buddies-international/ | 2022-06-02T14:21:24Z |
Paul Sorvino, an imposing actor whose roles ranged from the mob boss in "Goodfellas" to an early stint on the long-running cop drama "Law & Order," has died, according to his publicist Roger Neal. He was 83.
Sorvino died on Monday of natural causes with his wife Dee Dee by his side. Dee Dee Sorvino issued a statement through Neal, saying in part: "Our hearts are broken, there will never be another Paul Sorvino."
Born in Brooklyn, New York, Sorvino earned a Tony nomination for his role in "That Championship Season" (reprising the role in the film version) and appeared in a long list of movies that included portraying Henry Kissinger in "Nixon," "Dick Tracy," "Reds," and "The Rocketeer."
Sorvino attended the American Musical and Dramatic Academy and had thoughts of becoming an opera singer before making his Broadway debut in the mid-1960s. His first movie was the comedy "Where's Poppa," followed by "The Panic in Needle Park," opposite Al Pacino.
Sorvino is perhaps best remembered for director Martin Scorsese's "Goodfellas" as Paul Cicero, the mobster who even in prison retained a passion for cooking and fine cuisine, thinly slicing garlic with a razor blade. (Sorvino and his wife later co-wrote the book "Pinot, Pasta, and Parties.")
The actor took a role in "Law & Order" as one of the detectives but soon left, citing the limited range of the material.
Sorvino is survived by his wife and three children, including actress Mira Sorvino, and five grandchildren.
Mira Sorvino wrote on Twitter on Monday, "My heart is rent asunder- a life of love and joy and wisdom with him is over. He was the most wonderful father. I love him so much. I'm sending you love in the stars Dad as you ascend."
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/paul-sorvino-goodfellas-and-law-order-star-dead-at-83/article_c87f55c0-1b69-5a85-bad5-41dc94a704b4.html | 2022-07-25T21:25:41Z |
ATLANTA -- Mental health concerns and burnout would lead one in three Georgians to quit their jobs, according to a new report released by Georgia CEO and goBeyondProfit.
Georgia CEO is a network of local business-focused websites. goBeyondProfit is a Georgia alliance of business leaders committed to corporate generosity.
The two organizations have teamed for the past four years to survey Georgians about generosity at work. This year, the team surveyed more than 500 employed Georgians using an opt-in survey. Separately, they surveyed around 200 company executives in Georgia.
Georgia employees ranked compensation as the top reason they would leave their company with mental health a close second. Thirty-five percent of the workers surveyed said lack of mental health support and burnout would cause them to quit.
“Mental health support plays a major role in why employees are leaving and what will help them stay,” the report notes.
Mental health support is particularly important to workers under age 35 and to women, the survey showed.
There appears to be a disconnect between employees and executives on the role of mental health in the workplace.
“Mental health support did not show up in executives’ top four choices for how best to demonstrate generosity toward employees,” the report states. “If executives focus entirely on employees’ top request – compensation – without tuning into these underlying health and wellness issues, turnover will likely continue.”
“Whether you, as an employer … want to engage on this issue or not, really, you're not going to have a choice,” added Shane Jackson, a co-founder of goBeyondProfit and president of Alpharetta-based Jackson Healthcare.
There were 11.4 million job openings in the United States at the end of April, according to the U.S. Bureau of Labor Statistics.
Jackson said employers should think about increasing flexibility, even for workers in low-wage jobs that traditionally have not been as flexible as white-collar roles.
“I think what people are looking for is someone to actually engage with them as a human being, understand what their needs are, and how they can -- within the limits of a certain job -- how they can provide that flexibility,” Jackson said.
Jackson gave the example of an employee not showing up for a shift. He said employers should try to understand the underlying reason and show compassion rather than punish or fire the worker.
Jackson said his medical staffing company, which is one of the largest mental health professional providers in the country, is -- like everyone else -- facing difficulties finding mental health workers to meet the need.
The survey showed that workers tend to trust their companies, which provides employers with an opportunity to help address employee mental health concerns.
“Employers, businesses, companies have a role to play,” Jackson said. “Because the people you work with every day are either struggling with mental health issues, or they are close to someone [who is] … it is endemic and so you have to be prepared for how you're going to engage.” | https://www.albanyherald.com/news/report-one-in-three-georgia-workers-would-quit-over-mental-health-concerns/article_a3e86c58-ecd8-11ec-bdb0-2fc46781c794.html | 2022-06-15T19:43:44Z |
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