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3 Army soldiers, 9 others accused in gun trafficking ring
WASHINGTON (AP) — Twelve people, including three U.S. Army soldiers, are accused in a large-scale gun trafficking ring that prosecutors allege supplied nearly 100 guns to gang members in Chicago and led to at least two killings, the Justice Department said Friday.
The soldiers — Demarcus Adams, 21; Jarius Brunson, 22; and Brandon Miller, 22 — were enlisted in the Army and stationed at Fort Campbell in Tennessee, where they would legally purchase guns from local dealers in Tennessee and Kentucky, prosecutors charged. The soldiers are accused of selling them to members of the Gangster Disciples street gang in the Pocket Town neighborhood on Chicago’s south side, according to the 21-count indictment.
The indictment charges the group with conspiring to violate federal firearms laws, among other crimes. If convicted, the defendants face up to 20 years in prison.
The case is part of the Justice Department’s push to investigate and prosecute gun trafficking amid rising crime across the U.S. Attorney General Merrick Garland has vowed to prioritize prosecutions of firearms traffickers and so-called “straw purchasers,” who legally purchase firearms to sell them to people who can’t legally poses guns, often in states with more restrictive gun laws.
“The Justice Department will spare no resources to hold accountable criminal gun traffickers,” Garland said at a news conference Friday. “There is no hiding place for those who flood our communities with illegal guns. It does not matter where you are, or how far away you are. If you illegally traffic guns, we and our law enforcement partners nationwide will find you.”
Prosecutors allege Miller would receive orders from members of the Gangster Disciples in Chicago for specific guns to purchase and he, Brunson and Adams would then buy them from dealers in Clarksville, Tennessee and Oak Grove, Kentucky, and give them to gang members, who paid through money transfer apps, including Zelle and CashApp. Miller also advertised that he had 1,000 rounds of ammunition available for sale, prosecutors say.
Authorities believe the trio provided over 90 illegally obtained firearms to the gang “to facilitate the on-going violent disputes between the Pocket Town Gangster Disciples and their rival gangs,” the Justice Department said.
Investigators believe one of the guns was used in a shooting at a party in Chicago last March that left one man dead, and seven others wounded. Another was used in a killing at a Chicago barbershop in January 2021, according to officials.
The nine others charged in the indictment are: Blaise Smith, 29; Rahaeem Johnson, 24; Bryant Larkin, 33; Corey Curtis, 26; Elijah Tillman, 24; Lazarus Greenwood, 23; Dwight Lowry, 41; and Dreshion Parks, 25, all of Chicago; along with Terrell Mitchell, 27, of Davenport, Iowa. Two people who were alleged to be part of the conspiracy were killed “as a result of gang violence, which was facilitated by the firearms illegally transferred to individuals in the Chicago,” prosecutors say.
The indictment spells out how Miller would exchange messages with his associates in Chicago to negotiate the prices of the guns.
“The silver one a 380 u still want it it’s a steal,” Miller wrote to Lowry in December 2020, the indictment says. Lowry wrote back, “Yup can’t beat it,” according to court papers.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/01/3-army-soldiers-9-others-accused-gun-trafficking-ring/ | 2022-04-01T18:50:56Z |
PITTSBURGH, Sept. 5, 2022 /PRNewswire/ -- "I wanted to be able to help people who have sleeping problems," said an inventor from Laguna Niguel, Calif., "so I invented the AcuRhythm Natural Sleeping Aid. My design could offer a 100% natural, long-term solution for those who have sleeping problems. It does not require any medication or electronic devices."
The patent-pending invention allows individuals to fall asleep faster with uninterrupted sleep and experience a deep, enhanced slumber which could result in improved health. It also may eliminate disruptive thoughts that keep individuals from sleeping such as worries, tomorrow's to-do list, a replay of a conversation, etc. According to the inventor, it would provide 100% natural acupressure without risk of side effects and expenses, medical or herbal. The practical and convenient invention features a more affordable, effective, and longer lasting alternative to other sleep products. Additionally, it is easy to position and use and a prototype is available.
The original design was submitted to the Orange County sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-OCC-1621, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/09/05/inventhelp-inventor-develops-an-improved-sleeping-device-occ-1621/ | 2022-09-05T20:12:36Z |
Rep. Judy Chu of California was among the more than 100 people arrested at an abortion rights protest in Washington, DC, on Thursday, according to a statement from her office.
"When I first heard Roe was overturned, I immediately thought of who would be most harmed by this decision: a young girl who is a survivor of rape, a woman who cannot afford to travel to another state to access critical care, an expecting mother with an ectopic pregnancy whose life is in danger because she cannot have an abortion," the Democratic congresswoman said in a statement Thursday. "So, when I think of all these women -- and more -- the decision to join in a peaceful demonstration to make clear we will not allow the clock to be rolled back on abortion rights was easy."
Thursday's protest joins a number of demonstrations across the nation in recent days in the wake of the Supreme Court's reversal of Roe v. Wade. The ruling last week ended a person's federally protected right to an abortion, leaving the matter to the states.
Abortion rights protesters on Thursday marched to the US Supreme Court, holding signs, singing and chanting slogans, including: "We won't go back, we won't go back, our human rights are under attack."
The group collectively sat down on the corner of Constitution Ave. NE and First St. NE, just a few feet from the Supreme Court and US Capitol grounds in what organizers said was an act of civil disobedience. The protesters faced several verbal warnings from US Capitol Police officers telling them the gathering was illegal, before several of them were arrested.
"We arrested 181 people for Crowding, Obstructing or Incommoding (DC Code § 22--1307) for blocking the intersection of Constitution Avenue, NE and First Street, NE," the US Capitol Police tweeted.
President Joe Biden said earlier Thursday that he would support making an exception to the Senate filibuster -- the 60-vote threshold in the chamber needed to pass most legislation -- in order to codify abortion rights and the right to privacy through legislation passed by Congress, but the chances face an uphill battle.
Chu said that she is ramping up her calls to abolish the filibuster and pushing to pass the Women's Health Protection Act, which she sponsored and passed in the House of Representatives last year, but was blocked Senate Republicans in February with Democratic Sen. Joe Manchin of West Virginia voting with Republicans in opposition.
"Lives are at stake and this fight is far from over," the congresswoman said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/democratic-congresswoman-among-more-than-100-arrested-at-scotus-abortion-rights-protest/article_f057b88f-6332-5c38-8bc2-c78f9bd92f94.html | 2022-06-30T22:13:36Z |
Soaring home prices in the U.S. appear out of sync with fundamentals, as was the case during the housing bubble that preceded the financial crisis of the late 2000s, warns the Federal Reserve Bank of Dallas in a new report released on March 29.
Evidence indicates what the bank calls abnormal housing market behavior for the first time since the 2000s. The bank’s analysts cite such economic indicators as price-to-rent ratio and price-to-income ratio.
That said, they do not expect the consequences of a housing correction to be comparable to the Global Financial Crisis of 2007-2009. Excessive borrowing does not seem to be driving the housing boom, they say.
High home prices continued through March, when they were 20.6% above those a year earlier, according to the S&P CoreLogic Case-Shiller Home Price Index. Federal Reserve rate increases meant to curb inflation brought the average rate on a 30-year fixed mortgage to 4.67% at the end of March.
Some observers expect prices to start to fall now that the number of sales has been dropping. But real estate agents caution that demand remains high, with multiple offers on homes. They also expect more homes to come onto the market, as sellers try to take advantage of the boom.
To help you stay current on the market, ZeroDown compiled a weekly real estate market report in Dallas, TX metro area using data from Redfin. Statistics are as of the four weeks ending May 29, 2022. Metros with more than 50 homes sold during this time period were considered for metro-level rankings for each statistic.
Median sales price
Dallas, TX metro area:
– Median sales price: $462,464
– One-year change: +24.1%
Metros with highest median sales price
#1. San Francisco, CA metro area: $1.6 million
#2. San Jose, CA metro area: $1.6 million
#3. Santa Cruz, CA metro area: $1.2 million
Metros with lowest median sales price
#1. Davenport, IA metro area: $125,438
#2. Bay City, MI metro area: $130,625
#3. Weirton, WV metro area: $132,438
Median sales price per square foot
Dallas, TX metro area:
– Median sales price per square foot: $218
– One-year change: +27.2%
Metros with highest median sales price per square foot
#1. San Francisco, CA metro area: $1,106
#2. San Jose, CA metro area: $967
#3. Kahului, HI metro area: $955
Metros with lowest median sales price per square foot
#1. Davenport, IA metro area: $85
#2. Peoria, IL metro area: $87
#3. Carbondale, IL metro area: $89
Sales to list price ratio
Dallas, TX metro area:
– Average sales to list price ratio: 1.06
– One-year change: +0.03
Metros with highest sales to list price ratio
#1. Rochester, NY metro area: 1.15
#2. Oakland, CA metro area: 1.13
#3. San Francisco, CA metro area: 1.12
Metros with lowest sales to list price ratio
#1. Lake Charles, LA metro area: 0.94
#2. Weirton, WV metro area: 0.96
#3. Greenville, OH metro area: 0.96
Homes sold with price drops
Dallas, TX metro area:
– Homes sold with price drops: 8.2%
– One-year change: -1.4%
Metros with most homes sold with price drops
#1. Beaumont, TX metro area: 28.3%
#2. Victoria, TX metro area: 27.1%
#3. The Villages, FL metro area: 26.9%
Metros with least homes sold with price drop
#1. Brownsville, TX metro area: 0.0%
#2. Visalia, CA metro area: 0.0%
#3. Redding, CA metro area: 0.4%
Off market in two weeks
Dallas, TX metro area:
– Off market in two weeks: nan%
– One-year change: +nan%
Metros with the most homes off market in two weeks
#1. Rochester, NY metro area: 88.1%
#2. Seattle, WA metro area: 84.9%
#3. Grand Rapids, MI metro area: 84.6%
Metros with the least homes off market in two weeks
#1. Morristown, TN metro area: 0.0%
#2. Urban Honolulu, HI metro area: 2.8%
#3. Oshkosh, WI metro area: 4.6%
Months of supply
Dallas, TX metro area:
– Months of supply: 6.3 months
– One-year change: +0.6 months
Metros with the most months of supply
#1. Lake Charles, LA metro area: 204.2 months
#2. Brownsville, TX metro area: 47.6 months
#3. Atlantic City, NJ metro area: 19.2 months
Metros with least months of supply
#1. Lewiston, ME metro area: 2.8 months
#2. Portland, ME metro area: 3.1 months
#3. Burlington, NC metro area: 3.2 months
This story originally appeared on ZeroDown and was produced and distributed in partnership with Stacker Studio. | https://cw33.com/news/local/dallas-weekly-real-estate-update-8/ | 2022-06-06T16:28:44Z |
NEW YORK and KUALA LUMPUR, Malaysia, Sept. 1, 2022 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has expanded its presence in the Asia-Pacific (APAC) region with the opening of its newest global office, Stagwell Malaysia. Stagwell opened its regional headquarters in Singapore in November 2021. Stagwell's travel content and media brand, Ink, and Assembly, a global omnichannel media agency delivering media and more, will collaborate in the new location.
As part of the office opening, Ink has grown its partnership with Malaysia Airlines to offer sponsorship and advertising opportunities online and offline at the airport, onboard flights, and at home. Ink is actively hiring to support the expansion.
Assembly, which recently won recognition from two of the most prestigious local marketing award bodies, Marketing Excellence Malaysia and MARKies Malaysia, for its leading work in the market across media, will expand its staff to support the growth ambitions of local Malaysian brands and continue to support global businesses in the market.
"As Malaysia celebrates its Independence Day, we are excited to establish our newest global entity in Kuala Lumpur," said Randy Duax, managing director, Asia-Pacific, Stagwell. "Malaysia's GDP grew 9% last quarter and e-commerce transactions are expected to grow 25% per year over the next few years. For the kinds of innovative and disruptive clients our network serves and the kind of talent we have in our portfolio, we're uniquely positioned to amplify brands into, out of, and within Malaysia."
Stagwell boasts nearly 2,000 employees in the APAC region at agencies including creative network 72andSunny, communications firm Allison+Partners, creative agency Anomaly, global omnichannel media agency Assembly (named the 2021 Media Agency of the Year for Asia-Pacific by The Drum), digital transformation agency Code and Theory, creative collective Forsman & Bodenfors, (named top creative agency in Singapore by Campaign Brief), travel content and media brand INK, multilingual content agency Locaria, path-to-purchase shop MMI Agency, and consumer research agency National Research Group.
In addition, Stagwell's innovative affiliate network now boasts 70 active and independent agency brands. In APAC, Stagwell's affiliate partners include Beyond Media Global (Guangzhou, Hong Kong, Sydney, Taipei), creative agency Enormous (Gurgaon, Mumbai), influencer agency Metric Design Studio (Shanghai), and digital and content full-service agency Serviceplan (Kuala Lumpur, Shanghai, Seoul).
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
Media Contact:
Sarah Arvizo
pr@stagwellglobal.com
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SOURCE Stagwell Inc. | https://www.wibw.com/prnewswire/2022/09/01/stagwell-expands-apac-presence-with-opening-malaysia-office/ | 2022-09-01T18:23:03Z |
Bank earns top score on annual benchmarking report for fourth straight year
BUFFALO, N.Y., July 20, 2022 /PRNewswire/ -- M&T Bank has been recognized as one of the Best Places to Work for Disability Inclusion for the fourth consecutive year by the American Association of People with Disabilities (AAPD) and Disability:IN, a nonprofit resource for businesspeople with disabilities.
M&T earned the top score in the 2022 Disability Equality Index (DEI), a benchmarking report developed by the AAPD and Disability:IN to help businesses identify steps they can take to achieve disability inclusion and equality in their workplaces. The DEI was developed in consultation with disability advocates and business leaders and measures key performance indicators including culture and leadership, enterprise-wide access, staffing and recruitment, community engagement, supplier diversity, workplace accommodations and information technology capabilities.
Any company that scores 80% or above on the DEI is recognized on the Best Places to Work for Disability Inclusion list. M&T has earned a 100% each year since 2019.
"M&T is committed to building a diverse and inclusive team focused on delivering the best service for our customers, colleagues and communities," said Julie Urban, M&T's chief auditor and senior executive sponsor of the bank's Disability Advocacy Network Resource Group. "Our performance on the DEI report this year is once again validation that M&T is a place where all individuals can succeed in an inclusive, accommodating environment."
As part of M&T's employee and community engagement efforts, the bank operates more than 70 employee resource groups – including the Disability Advocacy Network (DAN) Resource Group -- in communities throughout its footprint. The DAN Resource Group includes about 700 employees.
Earlier this year, M&T's DAN Resource Group launched an initiative to map the experiences of employees with disabilities and other DAN members at the bank through a series of surveys and interviews. Insights from the interviews will be used to help M&T achieve its 2025 Diversity, Inclusion & Belonging Vision for employees and customers.
The DAN Resource Group also holds events during which its members can share their experiences living with a disability – either first-hand or affecting a family member -- during hour-long virtual sessions that cover topics such as accessibility issues, anxiety, depression and more.
M&T offers all employees web-based disability awareness training that raises awareness of the challenges people with disabilities face and is intended to foster more constructive and productive interactions with people with disabilities in the workplace.
"The only way M&T can provide a best-in-class customer experience is by providing a best-in-class employee experience," said Glenn Jackson, M&T's chief diversity officer. "When our employees are empowered to be their best selves and empathetic to challenges their colleagues face, we can truly understand what it takes to make a difference in people's lives throughout the diverse communities we serve."
About M&T
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the northeastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visit www.mtb.com.
About the Disability Equality Index
The Disability Equality Index (DEI) is a comprehensive benchmarking tool that helps companies build a roadmap of measurable, tangible actions that they can take to achieve disability inclusion and equality. Each company receives a score, on a scale of zero (0) to 100, with those earning 80 and above recognized as a "Best Place to Work for Disability Inclusion."
The DEI is a joint initiative of the American Association of People with Disabilities (AAPD), the nation's largest disability rights organization, and Disability:IN, the global business disability inclusion network, to collectively advance the inclusion of people with disabilities. The organizations are complementary and bring unique strengths that make the project relevant and credible to corporations and the disability community. The DEI Advisory Committee, a diverse group of business leaders, policy experts, and disability advocates, developed the Disability Equality Index. Learn more at: www.disabilityequalityindex.org.
© 2022 M&T Bank. Member FDIC.
Media Contacts:
National Media, Trade Publications and Buffalo, NY:
Julia Berchou
(716) 842-5385
jberchou@mtb.com
Upstate New York (Rochester, Syracuse, Albany, Southern tier, Hudson Valley)
David Lanzillo
(716) 842-5139
dlanzillo@mtb.com
Downstate New York (Westchester, Rockland, NYC and Long Island), New Jersey, and New England:
David Samberg
(201) 368-4515
dsamberg@mtb.com
Delaware, Maryland, Pennsylvania, Virginia and Washington, D.C.:
Scott Graham
(410) 244-4097
sgraham1@mtb.com
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SOURCE M&T Bank | https://www.wibw.com/prnewswire/2022/07/20/mampt-bank-among-best-places-work-disability-inclusion/ | 2022-07-20T18:36:51Z |
For now, wary US treads water with transformed COVID-19
(AP) - The fast-changing coronavirus has kicked off summer in the U.S. with lots of infections but relatively few deaths compared to its prior incarnations.
COVID-19 is still killing hundreds of Americans each day, but is not nearly as dangerous as it was last fall and winter.
“It’s going to be a good summer and we deserve this break,” said Ali Mokdad, a professor of health metrics sciences at the University of Washington in Seattle.
With more Americans shielded from severe illness through vaccination and infection, COVID-19 has transformed — for now at least — into an unpleasant, inconvenient nuisance for many.
“It feels cautiously good right now,” said Dr. Dan Kaul, an infectious diseases specialist at the University of Michigan Medical Center in Ann Arbor. “For the first time that I can remember, pretty much since it started, we don’t have any (COVID-19) patients in the ICU.”
As the nation marks July Fourth, the average number of daily deaths from COVID-19 in the United States is hovering around 360. Last year, during a similar summer lull, it was around 228 in early July. That remains the lowest threshold in U.S. daily deaths since March 2020, when the virus first began its U.S. spread.
But there were far fewer reported cases at this time last year — fewer than 20,000 a day. Now, it’s about 109,000 — and likely an undercount as home tests aren’t routinely reported.
Today, in the third year of the pandemic, it’s easy to feel confused by the mixed picture: Repeat infections are increasingly likely, and a sizeable share of those infected will face the lingering symptoms of long COVID-19.
Yet, the stark danger of death has diminished for many people.
“And that’s because we’re now at a point that everyone’s immune system has seen either the virus or the vaccine two or three times by now,” said Dr. David Dowdy, an infectious disease epidemiologist at Johns Hopkins Bloomberg School of Public Health. “Over time, the body learns not to overreact when it sees this virus.”
“What we’re seeing is that people are getting less and less ill on average,” Dowdy said.
As many as 8 out of 10 people in the U.S. have been infected at least once, according to one influential model.
The death rate for COVID-19 has been a moving target, but recently has fallen to within the range of an average flu season, according to data analyzed by Arizona State University health industry researcher Mara Aspinall.
At first, some people said coronavirus was no more deadly than the flu, “and for a long period of time, that wasn’t true,” Aspinall said. Back then, people had no immunity. Treatments were experimental. Vaccines didn’t exist.
Now, Aspinall said, the built-up immunity has driven down the death rate to solidly in the range of a typical flu season. Over the past decade, the death rate for flu was about 5% to 13% of those hospitalized.
Big differences separate flu from COVID-19: The behavior of the coronavirus continues to surprise health experts and it’s still unclear whether it will settle into a flu-like seasonal pattern.
Last summer — when vaccinations first became widely available in the U.S. — was followed by the delta surge and then the arrival of omicron, which killed 2,600 Americans a day at its peak last February.
Experts agree a new variant might arise capable of escaping the population’s built-up immunity. And the fast-spreading omicron subtypes BA.4 and BA.5 might also contribute to a change in the death numbers.
“We thought we understood it until these new subvariants emerged,” said Dr. Peter Hotez, an infectious disease specialist at the Baylor College of Medicine in Texas.
It would be wise, he said, to assume that a new variant will come along and hit the nation later this summer.
“And then another late fall-winter wave,” Hotez said.
In the next weeks, deaths could edge up in many states, but the U.S. as a whole is likely to see deaths decline slightly, said Nicholas Reich, who aggregates coronavirus projections for the COVID-19 Forecast Hub in collaboration with the Centers for Disease Control and Prevention.
“We’ve seen COVID hospitalizations increase to around 5,000 new admissions each day from just over 1,000 in early April. But deaths due to COVID have only increased slightly over the same time period,” said Reich, a professor of biostatistics at University of Massachusetts Amherst.
Unvaccinated people have a six times higher risk of dying from COVID-19 compared with people with at least a primary series of shots, the CDC estimated based on available data from April.
This summer, consider your own vulnerability and that of those around you, especially in large gatherings since the virus is spreading so rapidly, Dowdy said.
“There are still people who are very much at risk,” he said.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/02/now-wary-us-treads-water-with-transformed-covid-19/ | 2022-07-02T14:46:34Z |
Senate clears way for Jackson’s Supreme Court confirmation
WASHINGTON (AP) — The Senate cleared the way Thursday for a final vote to confirm Ketanji Brown Jackson to the Supreme Court, preparing to endorse the Black woman on the high court and giving President Joe Biden a bipartisan endorsement for his historic pick.
A 53-47 vote to cut off debate Thursday morning came hours before Jackson’s expected confirmation.
The White House said Vice President Kamala Harris would be present to preside, though her tie-breaking vote won’t be necessary. Three Republican senators have said they will support Jackson, who would replace Justice Stephen Breyer when he retires this summer.
While the vote will be far from the overwhelming bipartisan confirmations for Breyer and other justices in decades past, it will still be a significant bipartisan accomplishment for Biden in the narrow 50-50 Senate after GOP senators aggressively worked to paint Jackson as too liberal and soft on crime.
“It will be a joyous day,” said Senate Majority Leader Chuck Schumer as he announced Thursday’s vote late Wednesday evening. “Joyous for the Senate, joyous for the Supreme Court, joyous for America.”
Jackson, a 51 year-old federal appeals court judge, would be just the third Black justice, after Thurgood Marshall and Clarence Thomas, and the sixth woman. She would join two other women, Sonia Sotomayor and Elena Kagan, on the liberal side of a 6-3 conservative court. With Justice Amy Coney Barrett sitting at the other end of the bench, four of the nine justices would be women for the first time in history.
After a bruising hearing in which Republicans on the Senate Judiciary Committee aggressively interrogated Jackson on her sentencing record, three GOP senators came out and said they would support her. The statements from Maine Sen. Susan Collins, Alaska Sen. Lisa Murkowski and Utah Sen. Mitt Romney all said the same thing — they might not always agree with Jackson, but they found her to be enormously well qualified for the job.
Collins and Murkowski both decried the increasingly partisan confirmation process, which Collins called “broken” and Murkowski called “corrosive” and “more detached from reality by the year.”
Biden, a veteran of a more bipartisan Senate, said from the beginning that he wanted support from both parties for his history-making nominee, and he invited Republicans to the White House as he made his decision. It was an attempted reset from three brutal Supreme Court battles during President Donald Trump’s presidency, when Democrats vociferously opposed the nominees, and from the end of President Barack Obama’s, when Republicans blocked Supreme Court nominee Merrick Garland from getting a vote.
Before the Senate Judiciary Committee last month, Jackson said her life was shaped by her parents’ experiences with racial segregation and civil rights laws that were enacted a decade before she was born.
With her parents and family sitting behind her, she told the panel that her “path was clearer” than theirs as a Black American. Jackson attended Harvard University, served as a public defender, worked at a private law firm and was appointed as a member of the U.S. Sentencing Commission in addition to her nine years on the federal bench.
“I have been a judge for nearly a decade now, and I take that responsibility and my duty to be independent very seriously,” Jackson said. “I decide cases from a neutral posture. I evaluate the facts, and I interpret and apply the law to the facts of the case before me, without fear or favor, consistent with my judicial oath.”
Once sworn in, Jackson would be the second youngest member of the court after Barrett, 50. She would join a court on which no one is yet 75, the first time that has happened in nearly 30 years.
Jackson’s first term will be marked by cases involving race, both in college admissions and voting rights. She has pledged to sit out the court’s consideration of Harvard’s admissions program since she is a member of its board of overseers. But the court could split off a second case involving a challenge to the University of North Carolina’s admissions process, which might allow her to weigh in on the issue.
Republicans spent the hearings interrogating her sentencing record on the federal bench, including the sentences she handed down in child pornography cases, which they argued were too light. Jackson pushed back on the GOP narrative, declaring that “nothing could be further from the truth” and explaining her reasoning in detail. Democrats said she was in line with other judges in her decisions.
The GOP questioning in the Judiciary committee stuck for many Republicans, though, including Senate Majority Leader Mitch McConnell, who said in a floor speech Wednesday that Jackson “never got tough once in this area.”
Democrats criticized the Republicans’ questioning.
“You could try and create a straw man here, but it does not hold,” said New Jersey Sen. Cory Booker at the committee’s vote earlier this week. The panel deadlocked on the nomination 11-11, but the Senate voted to discharge it from committee and moved ahead with her confirmation.
In an impassioned moment during the hearings last month, Booker, who is also Black, told Jackson that he felt emotional watching her testify. He said he saw “my ancestors and yours” in her image.
“But don’t worry, my sister,” Booker said. “Don’t worry. God has got you. And how do I know that? Because you’re here, and I know what it’s taken for you to sit in that seat.”
___
Follow the AP’s coverage at https://apnews.com/hub/ketanji-brown-jackson
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/07/senate-poised-confirm-jackson-supreme-court/ | 2022-04-07T16:46:23Z |
ANCHORAGE, Alaska (AP) — Lance Mackey, one of mushing’s most colorful and accomplished champions who also suffered from health and drug issues, has died.
The four-time Iditarod Trail Sled Dog Race winner died Wednesday from cancer, his father and kennel announced on Facebook. He was 52.
Officials with the world’s most famous sled dog race said Iditarod Nation was in mourning.
“Lance embodied the spirit of the race, the tenacity of an Alaskan musher, displayed the ultimate show of perseverance and was loved by his fans,” officials said in a statement.
The son of 1978 Iditarod champion Dick Mackey and brother of 1983 champion Rick Mackey, Lance Mackey overcame throat cancer in 2001 to win an unprecedented four straight Iditarod championships, from 2007 through 2010.
It wasn’t just the 1,000-mile (1,609-kilometer) race across Alaska where he excelled. During his Iditarod run, twice he also won the 1,000-mile (1,609-kilometer) Yukon Quest International Sled Dog Race between Canada and Alaska with only two weeks’ rest between races.
But after the string of wins, he was beset by personal problems, health scares and drug issues that prevented him from ever again reaching the top of the sport.
The treatment for his throat cancer cost him his saliva glands and ultimately disintegrated his teeth.
He was then diagnosed with Raynaud’s syndrome, which limits circulation to the hands and feet and is exacerbated by the cold weather that every musher must contend with in the wilds of Alaska.
In the 2015 race, he couldn’t manipulate his fingers to do simple tasks, like putting booties on his dogs’ paws to protect them from the snow, ice and cold. His brother and fellow competitor Jason Mackey agreed to stay with him at the back of the pack to help him care for the dogs.
It was a life-changing blow for Lance Mackey, who knew no other lifestyle.
“I love this sport,” he told an Iditarod TV crew during that race while choking back tears. “I can’t do it no more.”
Documentary filmmaker Greg Kohs spent two weeks with Mackey during the 2013 Iditarod, filming “The Great Alone.” He was waiting in the tiny, remote village of Takotna for Mackey to arrive, and he was encouraged to go there because village residents make amazing pies to serve the mushers as they come through the race checkpoint.
“I realized Lance Mackey was a lot like a piece of pie. Once you got a taste of his story and personality, you wanted to share it with others,” he said in a statement issued after learning of Mackey’s death.
“And like a homemade pie, the tin is often dinged up, and the crust might not look perfect, but inside is a delicious recipe richened by time, wisdom and soul,” Kohs wrote.
Whether he won or lost, or when talking about problems, Mackey was always transparent.
“That honesty is what allowed him to be fearless,” five-time champion Dallas Seavey told The Associated Press on Thursday. “He didn’t have to see himself in a different light than he actually was.”
Seavey said Mackey gave it everything, racing to the limit.
“If it didn’t work, it didn’t work, and that was fine by him,” Seavey said. “It made him a heck of a competitor.”
Another musher, four-time Iditarod champion Jeff King, said Mackey was a fabulous competitor.
“He will be missed and always remembered as a great dog man,” King said.
After his string of first place finishes, Mackey dropped back in the standings, finishing a career-worst 43rd in 2015. The next year he scratched and didn’t race the Iditarod again until 2019, when he placed 26th.
In the 2020 race, his last, he carried his mother’s ashes in his sled to the finish line in Nome to honor her, but he was later disqualified after testing positive for methamphetamine. He entered rehab on the East Coast.
Before the Iditarod began drug testing in 2010, Mackey also acknowledged using marijuana on the trail.
Months after the 2020 race finished, his partner Jenne Smith died in an all-terrain vehicle accident. They had two children.
Last month, he told the Iditarod website that an examination after a car accident discovered more cancer, and he thought treatment had taken care of it. “But came up with some other issues that aren’t gone and seem to have moved rapidly and left me in the position I’m in at the moment,” he said, noting he was on oxygen and had lost 30 pounds.
When asked if he was fearful, Mackey responded: “I’m not fearing nothing. You know, it is what it is, but I’m not any different than the rest of the people on the planet. When it’s my bus stop, I’ll get off.”
He also used the opportunity to apologize to his fans for his past problems.
“I’m still, like never before, embarrassed and ashamed and disappointed,” he said following his disqualification.
He said he knew he had lost fans and wasn’t looking to change their opinion of him.
“I am truly sorry for the many embarrassing moments, but I’m also grateful for the support that I also received from a lot of the same people,” he said.
DeeDee Jonrowe, a retired musher who had known Lance since he was a junior musher, went through cancer treatments about the same time as Mackey.
“I admire him for what he fought through, but I’m really sad for the fact he wasn’t able to survive the dysfunction of it all,” she said, noting the loss of mother, partner and the substance abuse, which didn’t help the cancer treatments.
“He’s a legend,” Jonrowe said. “But I don’t think he would want anybody to follow his lifestyle footsteps. He would wish that they would learn from the stumbles that he made.” | https://cw33.com/sports/ap-sports/ap-cancer-claims-4-time-iditarod-champion-lance-mackey/ | 2022-09-09T01:01:29Z |
Celebrations planned across the Consulate's jurisdiction, complementing global celebrations
NEW YORK, May 19, 2022 /PRNewswire/ -- Superstar DJ Mark Ronson will be headlining Her Majesty The Queen's Platinum Jubilee celebration in New York with a silent disco at the Lincoln Center, hosted by the British Consulate General in New York.
The Saturday 4 June event will also feature leading British DJ Gemma Cairney, and is part of a series events across New York and Philadelphia and across the US in May and June to celebrate 70 years of Her Majesty The Queen's service. In addition to the VIP reception and silent disco (enjoyed via wireless headphones instead of a speaker system), the Consulate General will co-host a Garden Party and tree planting ceremony at the Queen Elizabeth II Garden in Lower Manhattan (25 May); a United Nations Queen's Platinum Jubilee cricket match on the UN lawn in Turtle Bay, Manhattan (9 June); and a Queen's Green Canopy tree planting event in Philadelphia, PA (14 June).
In February 2022, Her Majesty the Queen became the first British Monarch to celebrate a Platinum Jubilee, marking 70 years of service to the people of the United Kingdom and the Commonwealth. The Queen has ruled for longer than any other Monarch in British history, undertaking over 260 official visits overseas, including nearly 100 State Visits.
The host of the events, Her Majesty's Trade Commissioner for North America and British Consul-General to New York Emma Wade-Smith OBE said:
"Her Majesty The Queen's unprecedented Platinum Jubilee is a central element of an exciting year for British culture and creativity. In New York, we have planned activities to pay tribute to Her Majesty, celebrate the international cooperation that flourishes thanks to her dedicated service, and to celebrate with all our friends."
Lincoln Center for the Performing Arts President and CEO Henry Timms noted:
"We're honored to join the international celebration and mark this milestone of Her Majesty The Queen. As both an Englishman and a New Yorker, I'm always thrilled when we have occasion to host British artists at Lincoln Center. And there is no better occasion than The Queen's Platinum Jubilee."
Luke Parker Bowles, Director, The Queen Elizabeth II September 11th Garden noted:
"The garden was founded to reflect the long history, shared friendship, common causes, and sacrifices of the people of the United Kingdom, the Commonwealth, and the United States of America. Since Her Majesty allowed us to name the park after her, came to Manhattan to open it and continues to show her support along with our patron, His Royal Highness, The Prince of Wales, it is such a pleasure to be bringing our communities together at a place of such special significance to mark this wonderful occasion."
This celebration, alongside others across the US including a Garden Party in Washington DC, will be taking place alongside a series of events in the UK, which include an extensive programme of public events, mixing traditional British pageantry with community celebrations. This will include The Queen's Birthday Parade, the lighting of Platinum Jubilee Beacons, A Service of Thanksgiving at St Paul's Cathedral, The 'Platinum Party at the Palace', The Big Jubilee Lunch, bringing communities together across the country, and the Platinum Jubilee Pageant, featuring artistic performers, dancers, musicians, military personnel and key workers telling the story of The Queen's reign in a festival of creativity.
British-American DJ Mark Ronson has received seven Grammy Awards, an Academy Award, and a Golden Globe Award. Gemma Cairney is a Rose d'Or and Sony Award winning BBC DJ. Information for free tickets to the Platinum Jubilee Silent Disco on 4 June may be found at: https://summerforthecity.org/.
This event is also supported by the GREAT Britain and Northern Ireland campaign (GREAT), the UK's international promotional program that encourages the world to visit, study, live and do business with the UK. For more information on the British Consulate General New York please follow us on Instagram: @ukinnewyork, Twitter: @ukinnewyork, or Facebook: UKinUSA
For more information, please contact:
Toby Usnik, Head of Communications, British Consulate-General New York
Toby.Usnik@fcdo.gov.uk
Leah Johnson, Chief Communications Officer, Lincoln Center
ljohnson@lincolncenter.org
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SOURCE BRITISH CONSULATE-GENERAL | https://www.mysuncoast.com/prnewswire/2022/05/19/british-consulate-general-new-york-announces-plans-her-majesty-queens-platinum-jubilee/ | 2022-05-19T23:02:04Z |
ARLINGTON, Va., June 22, 2022 /PRNewswire/ -- RiskSpan, a leading provider of residential mortgage and structured product data and analytics, has announced a series of new enhancements in the latest release of its award-winning Edge Platform.
Comprehensive details of these new capabilities are available by requesting a no-obligation demo at riskspan.com.
- Burnout Metrics – MBS traders and investors can now look up a proprietary, cumulative burnout metric that quantifies the extent to which a defined pool of mortgages has continued to pay coupons above refinance rates over time. The metric goes beyond simple comparisons of note rates to historic prevailing rates by also tracking the number of times borrowers have ignored the "media effect" of repeatedly seeing rates reach record lows. Edge users can plot empirical prepay speeds as a function of burnout to help project performance of pools with various degrees of burnout. A virtual walk-through of this functionality is available here.
- Reperforming Loans – Investors in nonperforming and reperforming loans – particularly RPLs that have recently emerged from covid forbearance – can now project performance and cash flows of loans with deferred balances. Edge reads in the total debt owed (TDO) recovery method and has added key output fields like prepaid principal percent reduction and total debt owed to its cash flow report.
- Hedge Ratios – The Edge Platform now enables traders and portfolio managers to easily compute, in one single step, the quantity of 2yr, 5yr, 10yr, or 30yr treasuries (or any combination of these or other hedges) that must be sold to offset the effective duration of assets in a given portfolio. Swaps, swaptions and other hedges are also supported. Clearly efficient and useful for any portfolio of interest-rate-sensitive assets, the functionality is proving particularly valuable to commercial banks with MSR holdings and others who require daily transparency to hedging ratios.
RiskSpan offers end-to-end solutions for data management, historical performance, predictive analytics and portfolio risk management on a secure, fast, and scalable platform that has earned the trust of the industry's largest firms. Combining the strength of subject matter experts, quantitative analysts, and technologists, RiskSpan's Edge platform integrates a range of datasets – structured and unstructured – and off-the-shelf analytical tools to provide you with powerful insights and a competitive advantage. Learn more at www.riskspan.com.
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SOURCE RiskSpan, Inc. | https://www.kxii.com/prnewswire/2022/06/22/riskspan-introduces-proprietary-measure-plotting-burnout-effect-prepays-adds-rplnpl-forecasting/ | 2022-06-22T11:14:29Z |
Shots for tots: COVID vaccinations start for little US kids
Little Fletcher Pack woke up Monday morning and asked: “Is today vaccine day?”
For the 3-year-old from Lexington, South Carolina, the answer was yes.
The nation’s infants, toddlers and preschoolers are finally getting their chance at COVID-19 vaccination as the U.S. rolls out shots for tots this week. Shipments arrived in some locations over the weekend and some spots, including a Walgreens in South Carolina and another in New York City, opened up appointments for Monday.
Fletcher’s mother said that once her son is fully vaccinated, he can finally go bowling and visit the nearby children’s museum.
“He’s never really played with another kid inside before,” McKenzie Pack said. “This will be a really big change for our family.”
She began seeking an appointment last week as U.S. regulators took steps to OK the vaccines for kids 6 months to 5 years old.
“It’s just relief,” said Pack. “With this vaccine, that’ll be his best shot at going back to normal and having a normal childhood.”
The Food and Drug Administration greenlighted the Moderna and Pfizer kid shot s on Friday and the Centers for Disease Control and Prevention recommended them Saturday. In the U.S., COVID-19 vaccines were first tested and given in late 2020 to health care workers and older adults. Teens and school-age kids were added last year.
“This is certainly an exciting moment in what has become a very long campaign to vaccinate people against COVID-19,”said Dr. Matthew Harris, an emergency room pediatrician at Northwell Cohen Children’s Medical Center in New York.
Many parents have been anxiously awaiting the rollout, and Harris said shots for his own 9-month-old are a “matter of when, not if.’’
Roughly 18 million youngsters under 5 are eligible.
“It’s just a huge step toward normalcy,’’ said Dr. Debra Langlois, pediatrician at University of Michigan Health C.S. Mott Children’s Hospital.
“We’re two-plus years into this pandemic and there’s things that my 4-year-old has never been able to do,’’ Langlois said.
The family skipped a trip to Disneyland and a popular Michigan vacation island because the ferry ride to Mackinac Island would mean mingling with unmasked passengers.
President Joe Biden, public health authorities and pediatricians hailed the moment. But they also acknowledged that getting some parents on board may be a challenge given disappointing vaccination rates — about 30% — in school-age kids.
The American Academy of Pediatrics and American Medical Association were among physician groups that encouraged doctors and families to get young children vaccinated.
The CDC advises vaccination even for those who already had COVID-19 to protect against reinfection, and says it is OK to get other vaccines at the same time. For the littlest kids, there’s Pfizer’s three-shot series or Moderna’s two shots.
In New York’s largely Latino neighborhood of Washington Heights, Dr. Juan Tapia Mendoza’s clinic has ordered 300 doses of the tot-sized vaccines. He said he needs educational materials that directly address misinformation spreading among parents.
His approach will be to tell parents “if they were my kids, I would vaccinate them.”
“Because the virus is still around. A lot of people are still dying because of coronavirus Kids do get infected and some kids get severely affected and nobody wants to see a child very sick.”
Some hospitals planned vaccination events later this week. Chicago is among locations that offer COVID-19 shots in people’s homes and planned to open registration this week for home appointments for infants and other young children, said Maribel Chavez-Torres, a deputy commission for the city’s Department of Public Health.
Dr. Pam Zeitland, director of pediatric medicine at National Jewish Health in Denver, recommends parents get their kids vaccinated as soon as possible.
“Some parents are afraid that the younger the child, the more vulnerable they might be to vaccine side effects,’’ Zeitland said, but that’s not what Pfizer and Moderna studies found. Side effects were similar to what is seen with other childhood vaccines — fever, irritability and fatigue.
___
AP Medical Writer Carla K. Johnson contributed.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/20/shots-tots-covid-vaccinations-start-little-us-kids/ | 2022-06-20T19:02:03Z |
One-fifth of all reptile species face the risk of extinction, according to a comprehensive new study, with crocodiles and turtles most threatened.
It's the first study of its kind for reptiles and involved 961 scientists in 24 countries across six continents and took 15 years to complete.
Similar global assessments for other classes of animal have revealed that 40.7% of amphibians, 25.4% of mammals and 13.6% of bird species face the threat of extinction.
"Reptiles, to many people, are not charismatic, and there's just been a lot more focus on the furry or feathery species of vertebrates for conservation. But through persistence we were able to find the funding needed to complete the study," Bruce Young, chief zoologist and senior conservation scientist at NatureServe, a conservation nonprofit, told a news briefing. He was one of the authors of the study, which published Wednesday in the journal Nature.
"Through work like this, we advertise the importance of these creatures. They're part of the tree of life. Just like any other equally deserving of attention."
Habitat destruction
Habitat loss driven by logging, agriculture and urbanization, and competition with invasive species is the main threat to reptiles. Other factors played a role for some species such as their use in traditional medicine. The climate crisis also poses an uncertain challenge, the study added.
Threats to reptiles were most acute in forest environments, according to the study.
Crocodiles and turtles were among the most at-risk species and in need of focused conservation efforts, with respectively around 57.9% and 50% of those assessed being under threat, the study found.
The authors said that the lack of data on reptiles and their habitats had restricted conservation efforts, although they noted that many of the measures put in place to protect mammals, birds and amphibians would protect reptiles, too.
The researchers applied the criteria of the International Union for Conservation of Nature's Red List of Threatened Species to 10,196 species of reptile. The team found that 1,829 (21%) of species were threatened with extinction (categorized as being vulnerable, endangered or critically endangered in the IUCN criteria).
Widespread and high-profile species such as the king cobra were under threat, the survey revealed.
"It was suspected that it might be in decline, but without the global reptile assessment we wouldn't have known it's actually vulnerable," said coauthor Neil Cox, manager of the Biodiversity Assessment Unit, a joint initiative of IUCN and Conservation International in Washington, DC.
Delegations from the world's governments are expected to meet in Kunming, China, later this year to agree on a new biodiversity action plan.
However, the Conference of the Parties to the Convention on Biological Diversity (COP 15) has been delayed several times, and China has yet to set a date. Nature and conservation organizations say it's a once-in-a-decade opportunity to reset our relationship with nature and reverse biodiversity loss.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/1-in-5-reptile-species-is-under-threat-of-extinction-crocodiles-and-turtles-among-them/article_6ca3fb69-3275-5c87-a98e-3add82340d8a.html | 2022-04-27T22:19:44Z |
BOSTON, Sept. 1, 2022 /PRNewswire/ - The five John Hancock closed-end funds listed below declared their monthly distributions today as follows:
John Hancock Premium Dividend Fund
Premium Dividend Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "PDT Plan"). Under the PDT Plan, the Fund makes monthly distributions of an amount equal to $0.0975 per share. This amount will be paid monthly until further notice.
Distributions under the PDT Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital.
The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular monthly distributions.
The Board may amend the terms of the PDT Plan or terminate the PDT Plan at any time.
John Hancock Tax-Advantaged Dividend Income Fund
Tax-Advantaged Dividend Income Fund (the "Fund") declared its monthly distribution pursuant to the Fund's managed distribution plan (the "HTD Plan"). Under the HTD Plan, the Fund makes monthly distributions of an amount equal to $0.1380 per share. This amount will be paid monthly until further notice.
Distributions under the HTD Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital.
The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular monthly distributions.
The Board may amend the terms of the HTD Plan or terminate the HTD Plan at any time.
A portion of a Fund's current distribution may include sources other than net investment income, including a return of capital. Investors should understand that a return of capital is not a distribution from income or gains of a Fund. As required under the Investment Company Act of 1940, a notice with the estimated components of the distribution will be sent to shareholders at the time of payment if it does not consist solely of net investment income. Such notice will also be posted to the Funds' website at www.jhinvestments.com. The notice should not be used to prepare tax returns as the estimates indicated in the notice may differ from the ultimate federal income tax characterization of distributions. After the end of each calendar year, investors will be sent a Form 1099-DIV informing them how to report distributions received during that year for federal income tax purposes.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
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SOURCE John Hancock Investment Management | https://www.mysuncoast.com/prnewswire/2022/09/01/john-hancock-closed-end-funds-declare-monthly-distributions/ | 2022-09-01T21:36:15Z |
Annual Paychex Pulse of HR Report reveals challenges and opportunities for HR leaders and their companies as they navigate today's business and hiring environment
ROCHESTER, N.Y., June 13, 2022 /PRNewswire/ -- The 2022 Paychex Pulse of HR Report provides a comprehensive, in-depth look at how HR leaders are adapting to support their employees in a new era of work. The sixth annual report from Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, shows that only 15% of companies have staff working exclusively on-site, reflecting the growing emphasis on remote and hybrid work.
The survey of 1,000 HR leaders across the U.S. reveals that as more teams are dispersed and adopt flexible schedules, HR professionals believe tools and more opportunities for training and career development are essential to supporting remote/hybrid employees and managers, including:
- Technology to support communication around goal setting, career advancement, and development between employees and managers (45%)
- Employee training/skill building (41%)
- Training for managers to support employee career advancement/development (35%)
"The current environment has redefined the priorities of an HR professional, forcing them to adapt at lightning speed," said Alison Stevens, director of HR Services, Paychex. "With the right tools and peer insights, HR professionals can respond to what matters most to their workforce, deliver on what they need to be happy and engaged, and create a workplace – no matter where they're working from – that benefits their employees and their business."
HR technology tools have helped HR professionals streamline tasks and manage new and ongoing responsibilities more efficiently, helping to alleviate some of this burden of managing remote work. The research shows:
- Half of all HR professionals surveyed said that HR software/technology has helped boost their company efficiency
- Close to 40% of HR leaders say HR software/technology has made it easier to manage payroll and benefits administration
Tracking staff hours worked is now the most time-consuming task for HR professionals and their teams. That activity was cited by 25% of respondents and ranked just ahead of compliance and data management, which have topped the list of most time-consuming tasks in previous years1.
Despite their importance, hiring, onboarding, and retention were identified by half of respondents as the least effective HR activities in their organizations. When asked to share the tactics that are currently working best to increase the number of job applicants, using third-party job sites (33%), employee referrals (33%), hiring remote workers (31%), and emphasizing diversity (31%) topped the list.
The most effective ways to encourage candidates to accept job offers according to the survey included the following:
- Offering higher pay (36%)
- Providing remote and flexible work (34%)
- Emphasizing company culture (30%)
- Making offers quickly (29%)
The top strategies for retaining employees are similar to the ones used to encourage candidates to accept offers: offering flexible hours and remote work (41%) and increasing compensation (36%). Other ways to increase employee retention include focusing on employee engagement, stated by 35% of respondents, demonstrating a commitment to diversity, equity, and inclusion at 31%, and providing pay transparency and holding "stay" interviews to learn about employees' needs and aspirations, both cited by 27% of all respondents.
Four in ten HR leaders see the benefit of remote work saying that it improves employee emotional, physical, and financial well-being, boosts retention, enhances quality of work, and increases productivity.
Steps and approaches to support remote or hybrid employees include:
- Implementing a system to plan and track scheduled manager/employee meetings to ensure consistency among remote and on-site employees (41%)
- Using technology to optimize remote employee productivity (39%)
- Providing a secure method for employees to receive confidential answers to HR questions (37%)
Sixty percent of HR leaders are concerned about employee burnout, up 18% from before the COVID-19 pandemic. Strategies for supporting employee well-being and alleviating employee burnout include providing flexible work schedules (41%), emphasizing work/life balance as part of company culture (31%), and encouraging managers to create clear job descriptions and expectations to make work feel manageable (29%).
To successfully engage their employees, HR professionals need to track what's most important to their workforce and work to continuously address their needs. Regularly surveying employees about job satisfaction serves as the top strategy for fostering engagement at 41%. Offering job and leadership skills training, and encouraging more communication between employees and managers represent the next two most effective approaches for cultivating employee engagement at 37% and 36%, respectively.
Four in ten HR leaders are incorporating DEI into employee hiring and management; the same number are committed to pay equity through more compensation transparency. Seventy-one percent of HR professionals are taking at least one of the following approaches: offering bias and other DEI-related training (33%), ensuring that vendors and partners have a proven commitment to DEI (33%), making DEI guidelines and documents easily accessible to employees (30%), and getting help from an HR or DEI consultant to create a plan (28%).
For more insights, please view the full research report. To learn more about the report's findings, stop by the Paychex booth (#2850) at the 2022 Society of Human Resource Management (SHRM) Annual Conference & Exposition, June 12-15, in New Orleans.
The 2022 Paychex Pulse of HR Survey was conducted via an online survey from April 15 - May 6, 2022, among 1,000 HR decision-makers at U.S. companies with 20 or more employees. It is the sixth in an annual series of benchmark surveys investigating HR leaders' challenges, priorities, and use of technology.
Paychex, Inc. (NASDAQ: PAYX) is a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by 50 years of industry expertise, Paychex served more than 710,000 payroll clients as of May 31, 2021 in the U.S. and Europe, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting paychex.com and stay connected on Twitter and LinkedIn.
Media Contact
Samantha Jean
Paychex, Inc.
+1 585-218-6086
skjean@paychex.com
1 Among respondents with 50-500 employees.
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SOURCE Paychex, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/13/new-paychex-research-shows-growing-importance-technology-training-support-remote-hybrid-workers/ | 2022-06-13T16:02:22Z |
TURKU, Finland , May 4, 2022 /PRNewswire/ -- Teleste is thrilled to announce that it has participated in the first successful DOCSIS® 4.0 Extended Spectrum DOCSIS (ESD) amplifier cascade demonstration that was recently completed at CableLabs' '10G Showcase' in Colorado, US. Bringing leading cable operators and technology vendors under one roof to collaborate on the industry's multi-gigabit future, the event demonstrated the cable infrastructure's potential as a front line for operators to continue increasing data transmission speed and capacity in their hybrid fiber-coax (HFC) networks.
In the demonstration, an end-to-end system was created with equipment from Teleste and other prominent cable equipment vendors to showcase the superior performance of DOCSIS 4.0 technology. The system included four 1.8 GHz ICON amplifiers in cascade from Teleste, and the resulting network supported speed tests of 8.9 Gbps downstream and 6.2 Gbps upstream. While the demo setup included four cascaded amplifiers, it is important to note that the 1.8 GHz technology allows longer cascades as well, supporting infrastructures that are typical in the market today and enabling drop-in 1.8 GHz upgrades to existing amplifier locations.
The cable industry is now looking firmly to realising 10G broadband speeds to consumers, and we are delighted to have been able to take this important milestone together with CableLabs and our industry colleagues. It will enforce trust within the cable MSO community that DOCSIS 4.0 ESD technology is a viable investment track and this, in turn, will drive strategies leading to the 1.8 GHz network upgrades," said Hanno Narjus, Head of Teleste's Networks business. – "We are pleased with the performance of our equipment and the hard work and determination of our engineering team, and feel that we have created a family of amplifiers that will meet the industry's requirements for future-proof transition to higher frequency networks.
Teleste continues to be leader in the HFC technologies and leverages its RF engineering capability and the automation that comes with intelligent amplifiers. The first 1.8 GHz amplifiers in our Intelligent Networks portfolio were introduced in 2021, providing North American cable operators a solution to ensure high network performance under all circumstances and facilitating a true plug-and-play functionality and easy alignments in the field with a press of a single button. To learn more about our 1.8 GHz expertise and the intelligent technology, please visit our website.
Inquiries for more information:
Mirkka Lamppu
Director of Communications, Teleste Corporation
Tel. +358 2 2605 611
mirkka.lamppu@teleste.com
About Teleste
Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to you, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2021, Teleste's net sales reached EUR 144 million and it had approximately 860 employees. Teleste is listed on Nasdaq Helsinki. For more information, see www.teleste.com and and follow @telestecorp on Twitter.
Teleste's broadband network technologies are represented by Teleste Intercept in North America. For more information, please visit www.telesteintercept.com.
This information was brought to you by Cision http://news.cision.com
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SOURCE Teleste Corporation | https://www.mysuncoast.com/prnewswire/2022/05/04/end-to-end-18-ghz-network-demonstrated-cablelabs-10g-showcase-event-teleste-corporation/ | 2022-05-04T10:35:03Z |
NEW YORK, Aug. 23, 2022 /PRNewswire/ -- Weiss Law, a national shareholders' rights law firm, is investigating possible breaches of fiduciary duty and violations of the federal securities laws by the Board of Directors and certain Company officers of 3M Company (NYSE: MMM) ("3M" or the "Company") relating to 3M's Combat Arms earplugs, a product that is the subject of multidistrict litigation in which thousands of military service members and veterans allege the earplugs were defective, leading to hearing damage from loud sounds on the battlefield or during training exercises, and which resulted in 3M paying $9.1 million to the U.S. Department of Justice to resolve whistleblower litigation alleging that the Combat Ear earplugs were defective and never met product standards required by the government.
If you own 3M shares and wish to discuss this investigation, or share information which you have, or if you have any questions concerning this notice or your rights or interests, visit our website at
https://www.weisslaw.co/news-and-cases/mmm
Or contact:
Josh Rubin, Esq.
stocks@weisslaw.co
(212) 682-3025
THERE IS NO COST OR OBLIGATION TO YOU
3M manufactured and supplied the United States military with Combat Arms earplugs ostensibly to protect service members' ears from loud sounds associated with military training and combat until 2015, when production ceased without recall.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients. For more information about the firm, please go to: http://www.weisslaw.co
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SOURCE Weiss Law | https://www.mysuncoast.com/prnewswire/2022/08/23/shareholder-alert-weiss-law-investigates-3m-company/ | 2022-08-23T23:43:20Z |
Manhattan man behind bars for alleged domestic-related incident
MANHATTAN, Kan. (WIBW) - A Manhattan man is behind bars after he allegedly damaged a woman’s car in a domestic-related incident on Independence Day.
The Riley County Police Department says around 10 p.m. on Monday, July 4, officers were called to the scene of a domestic-related incident in the City of Manhattan.
Officers said they filed a report for criminal damage to property after a 20-year-old woman reported her windshield and rear passenger window on her car had been damaged.
As a result, officers said Isaac Mumaw, 19, of Manhattan was arrested for criminal damage to property and remains behind bars in the Riley Co. Jail on a $2,000 bond.
Officers noted that Mumaw allegedly did about $600 in damage to the woman’s car.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/05/manhattan-man-behind-bars-alleged-domestic-related-incident/ | 2022-07-05T18:37:36Z |
New Reverification Options Harness Automation to
Support a Seamless Customer Experience
ATLANTA, Aug. 24, 2022 /PRNewswire/ -- Today, Equifax® (NYSE: EFX) announced new options for mortgage lenders leveraging its manual verifications of employment and income from Workforce Solutions, including new automated ordering of reverifications of employment (RVOE) and additional Priority Next Day™ and Priority Two Day™ options. By offering an RVOE with a verification of employment (VOE) or verification of income (VOI) solution, Equifax is helping lenders to satisfy government-sponsored enterprise (GSE) or internal reverification requirements while reducing friction in the lending process.
"As mortgage lenders are reevaluating their processes with a focus on efficiency and customer experience, we believe they will see our enhancements as a winning combination: new automated ordering options for reverification and options for faster delivery," said Scott Maxfield, Vice President for Verifications at Equifax Workforce Solutions. "These enhancements bolster our ability to provide the complete verification coverage that mortgage lenders need at each stage of the process, from loan origination through post-close."
Manual verifications from Equifax complement the instant service provided by The Work Number® database, the industry-leading centralized commercial repository of income and employment information in the U.S. When information is not instantly available digitally through The Work Number, the manual verification options also have built-in automation to help keep decision processes moving forward.
There are two ways to purchase the new enhanced manual reverification options: either up front or by adding the "set it and forget it" automated feature to a standard or Priority solution before completing the order. Either way, lenders can receive a single convenient price and a reverification, either on their selected date or on the default date of 30 days post-order. In addition, lenders can choose between standard turnaround and expedited Priority Next Day or Priority Two Day turnaround for their initial verifications, offering more flexibility to keep the lending process moving forward.
The new enhanced reverification solutions are available now, and the new Priority reverification solutions will be available September 14. Standalone manual verifications are still available for individual purchase, including solutions for self-employed individuals as well as expedited Priority solutions. For more information on this and other verification services available from Equifax, click here.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 25 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.
FOR MORE INFORMATION
Daniel Jenkins for Equifax Workforce Solutions
mediainquiries@equifax.com
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SOURCE Equifax Inc. | https://www.kxii.com/prnewswire/2022/08/24/equifax-announces-enhancements-its-manual-verification-offerings-mortgage-lenders/ | 2022-08-24T12:36:00Z |
- Company receives FDA IND clearance for linsitinib and prepares to initiate Phase 2b clinical trial -
ANN ARBOR, Mich., June 13, 2022 /PRNewswire/ -- Sling Therapeutics, Inc., a biopharmaceutical company focused on late-stage development of an oral small molecule for the treatment of thyroid eye disease (TED), today announced the official launch of the company with a $35M Series A financing led by TPG's The Rise Fund. The funds will support a Phase 2b clinical trial evaluating the company's investigational drug, linsitinib, for the treatment of TED.
"We are launching Sling Therapeutics with a clinical development program that is based on an extensive amount of data with over 800 patients having received linsitinib in cancer clinical trials, which allows us to accelerate development of linsitinib in TED," said Ryan Zeidan, Ph.D., President and Chief Executive Officer of Sling Therapeutics. "Linsitinib will be the first oral IGF-1R inhibitor to enter late-stage clinical trials for TED and we have the potential to bring a convenient orally administered drug to patients. We are pleased to have received IND clearance from the FDA and are initiating a Phase 2b study. Our goal is to significantly reduce the treatment burden for patients and the healthcare system compared to currently marketed products."
TED is a debilitating autoimmune disease that affects about 20,000 people in the U.S. per year and has a similar prevalence in Europe. The immune system mistakenly attacks the muscle and fat tissue behind the eyes, causing inflammation and scar tissue to form. The inflammation can push the eyes forward or cause the eyes and eyelids to become red and swollen. As the disease progresses it can lead to pain, eye bulging, double vision, and a profound reduction in quality of life. TED predominantly affects women, and most frequently affects people with hyperthyroidism due to Graves' disease.
Linsitinib, which was in-licensed from Astellas Pharma to Sling Therapeutics, is designed to inhibit the insulin-like growth factor I receptor (IGF-1R). Dysfunction in the IGF-1R signaling pathway leads to a prevalence of thyroid-stimulating hormone receptor autoantibodies (TSHR-Abs) that drive excess fibrous tissue growth in TED. Independent data from a model of TED in patient fibroblast cells suggest that linsitinib is at least as potent as currently available treatment.i,ii
The U.S. Food and Drug Administration (FDA) cleared an Investigational New Drug (IND) application for linsitinib for the treatment of TED, and Sling Therapeutics is initiating a Phase 2b clinical trial. The company is also exploring additional potential indications beyond TED, including in rare and autoimmune diseases.
Peter Bojo, a Principal at TPG Life Sciences Innovation, and Lucian Iancovici, M.D., Managing Director at TPG Life Sciences Innovation, will be joining the Board of Directors on behalf of The Rise Funds and are working closely with management to launch the company.
Sling Therapeutics has built a management team that has extensive drug development and operations experience:
Ryan Zeidan, Ph.D., President and Chief Executive Officer
Dr. Zeidan was previously the chief development officer at Millendo Therapeutics and held various positions at Celgene and Novartis where he led research and development activities for late-stage assets, including rare diseases, oncology, and vaccines. He holds a B.S. in chemistry and chemical engineering from Massachusetts Institute of Technology and a Ph.D. in chemistry from The California Institute of Technology.
Robin Schmidt, Chief Operating Officer
Ms. Schmidt brings over 25 years of experience in clinical trial strategy and execution across large pharma, biotech and CROs. She is the former vice president of clinical operations at Millendo Therapeutics. Ms. Schmidt holds a B.S. in biology and a M.S. in nutrition from the University of Michigan.
Catherine Radovich, Vice President of Clinical Operations
Ms. Radovich has over 25 years' experience in clinical trial execution and data delivery with large pharma, biotech, academic, and CROs. She previously served as the director of clinical operations at Millendo Therapeutics and is the former director of the administrative program at the Michigan Institute for Clinical and Health Research. Ms. Radovich holds a B.S. in Healthcare Management from Bellevue University.
Ronald Dadino, Vice President of CMC and Manufacturing
Mr. Dadino has over 35 years of experience in the development, manufacturing, and commercialization of pharmaceutical products. He holds a B.S. in Pharmacy from the University of the Sciences in Philadelphia and a M.S. in Pharmaceutical Quality Assurance and Regulatory Affairs from Temple University.
Sling Therapeutics, Inc., is a biopharmaceutical company focused on late-stage development of an oral small molecule for the treatment of thyroid eye disease (TED). The company is advancing the evaluation of its lead product candidate, linsitinib, in a Phase 2b clinical trial based on extensive preclinical and clinical data. Linsitinib offers the potential of a convenient oral small molecule that could significantly reduce the treatment burden for people living with TED. For more information visit https://slingtx.com/.
Media Contact
Adam Daley
Berry & Company Public Relations
212.253.8881
adaley@berrypr.com
Investor Contact
Robin Schmidt
Chief Operating Officer
Sling Therapeutics
248.302.5364
robin.schmidt@slingtx.com
i Krieger, et al. "Inhibition of TSH/IGF-1 Receptor Crosstalk by Teprotumumab as a Treatment Modality of Thyroid Eye Disease." The Journal of Clinical Endocrinology & Metabolism. Volume 107, Issue 4, April 2022, Pages e1653–e1660, https://doi.org/10.1210/clinem/dgab824. Published online November 12, 2021.
ii Place, et al. "Inhibiting thyrotropin/insulin‐like growth factor 1 receptor crosstalk to treat Graves' ophthalmopathy: studies in orbital fibroblasts in vitro." Br J Pharmacol. Feb 2017; 174(4): 328–340.
Published online Jan 27, 2017. doi: 10.1111/bph.13693.
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SOURCE Sling Therapeutics | https://www.kxii.com/prnewswire/2022/06/13/sling-therapeutics-launches-with-35m-series-financing-develop-oral-small-molecule-thyroid-eye-disease/ | 2022-06-13T12:32:31Z |
Unum research highlights ongoing mental and behavioral health crisis
CHATTANOOGA, Tenn., June 28, 2022 /PRNewswire/ -- New research from employee benefits provider Unum (NYSE: UNM) shows over half (56%) of U.S. workers, primarily Millennials and Gen Z, felt mentally unwell in the previous year.
Additionally, 42% of employees said they needed to take time off from work to deal with their mental health.
Mental Health by the numbers
Employee mental health remains low. Experts say the combination of health concerns and work pressures during the pandemic caused widespread mental health problems that will reverberate far into the future.
Among U.S. workers, Unum research found:
- 70% of employees suggest there's room for improvement for their employers to reduce the stigma around mental health all year-round.
- Nearly one third (30%) say their employer does not do a good job of promoting mental health resources or offerings.
- 42% are more likely to seek mental wellbeing support only in a crisis, rather than seeking help proactively.
- 1 in 3 (35%) identify cost of services as the biggest deterrent when seeking mental health resources.
- One third (33%) are a part of the "Sandwich Generation," meaning they currently care for parents/elders and children/younger dependents, which often comes with more responsibility, greater financial burden, and, at times, devastating stress.
Digital Solutions offer employees reprieve
Swapnil Prabha, vice president of Workforce Wellness Solutions for Unum Group, shared this type of data continues to drive investments in mental health care by employers for their employees.
"The ongoing pandemic has further exacerbated the mental health crisis we were already in, but it also helped normalize the need for mental health support," said Prabha. "Despite the longstanding stigma and other challenges in mental health, the power of technology can make it possible for more people to get access to the right help when they need it."
Unum Behavioral Health is one of the only mental health solutions on the market specifically built as a partner to employers. It goes beyond the typical Employee Assistance Program (EAP), with a proven approach to maximize employee participation and engagement. It delivers a personalized and private web portal to guide the worker to the support right for them, including clinical treatment options, along with a robust library of mental health resources. Employees are matched with a coach or licensed therapist within three days.
Prabha remarked that HR teams are already strained, and mental health is a critical, but complex challenge. Unum brings nearly 175 years of expertise as a partner to employers to help take on this challenge together.
"The pandemic has accelerated virtual access. Care and support can be accessed at almost any time from nearly any location with no drive-time required," shared Prabha.
Visit Unum Behavioral Health on Unum.com to learn more.
Methodology: Consumer research administered April 2022 by Dynata, on behalf of Unum Group, among 1,200 working U.S. adults.
About Unum Group
Unum (NYSE: UNM), an international provider of workplace benefits and services, has been helping workers and their families for more than 170 years. Through its Unum and Colonial Life brands, the company offers disability, life, accident, critical illness, dental, vision and stop-loss insurance; leave and absence management support and behavioral health services. In 2021, Unum reported revenues of $12.0 billion and paid $8.2 billion in benefits. The Fortune 500 company is one of the 2022 World's Most Ethical Companies, recognized by Ethisphere®.
Visit the Unum newsroom for more information, and connect with us on LinkedIn, Facebook, Twitter, and Instagram.
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SOURCE Unum Group | https://www.kxii.com/prnewswire/2022/06/28/over-half-us-workers-continue-feel-mentally-unwell-require-time-away-work/ | 2022-06-28T16:34:19Z |
Luka Doncic-led Mavericks beat Pistons 131-113 for 50th win
By LARRY LAGE
AP Sports Writer
DETROIT (AP) — Luka Doncic had 26 points, 14 assists and eight assists to lead the Dallas Mavericks to a 131-113 win over the Detroit Pistons. The Mavericks are 20 games above .500 for the first time since 2011 when they went on to win the NBA title. They’re set up to earn home-court advantage in the playoffs for the first time since coach Jason Kidd was their point guard during the championship season. Dallas reached the 50-win mark for the first time in seven years, and just the second time since winning their only NBA title. Cade Cunningham had 25 points, nine assists and seven rebounds for the Pistons. | https://localnews8.com/sports/ap-national-sports/2022/04/06/luka-doncic-led-mavericks-beat-pistons-131-113-for-50th-win/ | 2022-04-07T05:35:43Z |
(The Hill) — A new omicron subvariant known as BA.5 now comprises a majority of U.S. COVID-19 cases, according to data released Tuesday from the Centers for Disease Control and Prevention.
The data is a sign of the rise of the highly transmissible subvariant, which has prompted concern about a new increase in cases.
BA.5, along with a related subvariant known as BA.4, has mutations that have shown an increased ability to evade the protection from vaccines and previous infection.
Vaccines still offer important protection, especially against severe disease and hospitalization, and experts say the rise of the new subvariants makes it even more important that people get their booster shots if they have not already.
BA.5 now makes up 53.6 percent of U.S. cases, according to the CDC, and BA.4 makes up another 16.5 percent, putting the two together at around 70 percent of infections.
“Omicron subvariants BA.4 & BA.5 are even more mutated than the original Omicron, which means that our immune systems are having a harder time recognizing these new subvariants, regardless of whether we’ve previously been vaccinated or infected,” tweeted Celine Gounder, an infectious disease expert at New York University. “We are also seeing early hints that Omicron subvariants BA.4 & BA.5 may be more virulent (causing more severe disease) than the original Omicron.”
The Food and Drug Administration last week advised vaccine makers to target the BA.4 and BA.5 subvariants in their updated vaccines that they are preparing for this fall.
Gounder, though, stressed that people should not wait for the updated vaccines to be available to get a booster shot.
“The updated vaccines won’t be available until October at the earliest,” she wrote. “That’s 4+ months away. That’s a big window of risk.”
Only about half of adults who received the initial two shots have received their booster, according to the CDC, leaving them more vulnerable to the new subvariants. And people 50 and older are encouraged to get a second booster shot as well.
While COVID-19 hospitalizations are still relatively low compared to other points in the pandemic, they are starting to climb, and have reached more than 30,000, according to a New York Times tracker. | https://cw33.com/news/nexstar-media-wire/new-omicron-subvariant-ba-5-now-a-majority-of-us-covid-19-cases/ | 2022-07-05T21:52:27Z |
WARSAW, Poland (AP) — Two methane explosions at a coal mine in southern Poland killed five people and injured more than 20 early Wednesday, the Polish prime minister said. Seven others were missing.
The first blast took place shortly after midnight about 1,000 meters (3,000 feet) under the surface at the Pniowek mine in Pawlowice, Prime Minister Mateusz Morawiecki told reporters outside the mine’s office building.
Morawiecki said a rescue operation was launched immediately, but a second explosion occurred about three hours after the first, and communication was lost with some of the rescuers.
The operation was suspended due to the resulting fire and dangerous conditions. Experts were evaluating the possibility of resuming the rescue mission.
The mine, close to the Czech border, is operated by the Jastrzebska Spolka Weglowa, or JSW, mining company. Prosecutors have opened an investigation.
More than 20 people, including rescuers, were hospitalized with severe burns, the prime minister said. Doctors at the Siemianowice Slaskie hospital, which specializes in treating burns and victims of mining accidents, said some of the patients have life-threatening injuries, including burns to their lungs and large areas of their bodies.
Health Minister Adam Niedzielski said that one of the 5 dead had been among the 11 injured who were brought to the Siemianowice hospital in most serious condition. Other injured people were taken to other hospitals in the region.
Rescue workers were are among the victims of the explosions, Morawiecki said.
“A tragedy happened here today,” he said as he offered sympathy to the families and stressed the dangerous nature of coal mining work.
Poland relies on its own and imported coal for almost 70% of its energy, drawing criticism from the European Union and environmental organizations concerned about CO2 emissions and climate change.
Most coal mines are located in the southern Silesia region. Many are at risk of explosions from the sudden release of methane.
The government recently announced it would end coal imports from Russia by May. The action is part of Poland’s drive to wean off dependence on Russian energy sources, but also comes in response to Moscow’s invasion of Ukraine. | https://cw33.com/business/ap-business/poland-coal-mine-blasts-kill-3-injure-20-7-missing/ | 2022-04-21T04:13:07Z |
SWAT at scene as officials attempt to execute search warrant at Sarasota home
Published: Sep. 13, 2022 at 12:51 PM EDT|Updated: 41 minutes ago
SARASOTA, Fla. (WWSB) - The SWAT team and a Sarasota County helicopter are out in Sarasota near 19th and Gillespie.
Sarasota County Sheriff’s deputies are on scene. Authorities can only tell us they are executing a search warrant. ABC7 has a crew on scene.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/13/scso-swat-scene-officials-attempt-execute-search-warrant/ | 2022-09-13T17:54:00Z |
Jodie Sweetin touched on her first time in Ireland to film an episode of “Name That Tune.”
Sweetin also talked about braving the jungle in Panama on “Beyond the Edge,” while competing to win money for her favorite charity.
New episodes of “Beyond the Edge” air at 9 p.m. on Wednesdays on CBS.
This segment aired on the KTLA 5 Morning News on April 20, 2022. | https://cw33.com/entertainment-news/jodie-sweetin-braves-the-jungle-on-beyond-the-edge/ | 2022-04-20T18:56:26Z |
TOLEDO, Ohio, June 30, 2022 /PRNewswire/ -- Welltower Inc.® (NYSE: WELL) today released its 2021 Environmental, Social and Governance ("ESG") Report. The report summarizes Welltower's progress and achievements across a range of ESG initiatives including diversity and inclusion, environmental responsibility and corporate governance.
"2021 was a year of significant advancement in our environmental, social and governance (ESG) standards, in response to both investor expectations and employee engagement," said Shankh Mitra, Welltower's Chief Executive Officer and Chief Investment Officer. "Our commitment to be a responsible corporate citizen is directed from the top down and from the bottom up with our Board of Directors, employees and investors intricately involved in identifying and driving best practices. Acting responsibly is not only the right thing to do, but also benefits our key stakeholders and is fundamental to our business."
Welltower's noteworthy ESG achievements in 2021 include:
- Attained ENERGY STAR® Partner of the Year, Sustained Excellence Award
- Included in the Dow Jones Sustainability North America Composite Index
- Raised MSCI ESG rating from A to AA
- Named as one of Top 10 Most Sustainable REITs by Barron's
- Listed in the S&P Global Sustainability Yearbook
- Named to the Bloomberg Gender-Equality Index
- Named as one of America's Most Responsible Companies by Newsweek
To view the complete 2021 ESG Report and learn more about Welltower's ESG initiatives, visit the link below:
About Welltower
Welltower Inc. (NYSE: WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower®, a real estate investment trust, owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing, post-acute communities and outpatient medical properties. More information is available at www.welltower.com.
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SOURCE Welltower Inc. | https://www.wibw.com/prnewswire/2022/06/30/welltower-releases-2021-environmental-social-governance-report/ | 2022-06-30T23:11:05Z |
Nationally Recognized Food and Nutrition Expert Shares the Health Benefits of Potatoes
Plus Delicious Recipes Everyone Will Enjoy This Summer
DENVER, June 21, 2022 /PRNewswire/ -- With summer kicking off, many of us are looking for new ways to eat healthy without sacrificing taste. Potatoes USA and Cara Harbstreet, registered dietitian and intuitive eating expert, are going on the record to bust some myths – and share some recipes – about America's favorite vegetable, the potato!
Dietary guidance says we're supposed to get 2-3 servings of vegetables a day, and a crowd-pleasing way to achieve that goal is through potatoes.
"Potatoes are vegetables," explains Harbstreet. "You get about a third of your vitamin C for the day from a medium, skin-on potato and more potassium than a banana (620mg vs 450 mg)! They've also got 3 grams of plant-based protein, which is more than any other commonly eaten vegetables, except dried beans."
Potatoes can also be included as part of a weight loss program. A medium potato only has 110 calories and no fat or cholesterol. In fact, potatoes are featured in some of the most healthy and popular diets, including Mediterranean, DASH and Flexitarian. On top of that, there's research that suggests eating potatoes may prevent you from feeling hungry and keep you filled up.
"There are also some major misconceptions about carbs being bad, but we literally could not live without them," said Harbstreet. "They're our brain's primary fuel and a key source of energy for our muscles. Potatoes are a complex carbohydrate, which is a carb food that provides vitamins, minerals and fiber. Most of our carbs should be complex carbs like potatoes."
Another popular misconception is that sweet potatoes are healthier than regular potatoes – but that's just not true. The two vegetables are remarkably similar on a lot of key nutrients, the main difference is that sweet potatoes are an excellent source of vitamin A, while regular potatoes are an excellent source of vitamin C.
"I personally love potatoes so much, and one huge reason is their versatility," said Harbstreet. "I have three recipes that I'd like to share that are healthy, full of flavor and perfect for summer entertaining!"
This first is perfect for Fourth of July entertaining. It's called it the Red, White and Blue Potato Salad and it uses purple potatoes. It's got some delicious ham and walnuts for some crunch, and you can use sherry or white balsamic vinegar for that classic potato salad bite.
The next recipe is for Grilled Potato Kabobs. Grilling potatoes is a trend for this summer, and when you put chicken, corn, bell peppers and zucchini on the kabob, you really have a whole meal on a stick. The lemon herb drizzle that goes with it gives it a nice zing.
Finally, On-The-Go Potatoes make a filling, nutritious snack you can take to the pool or the beach or wherever you're headed during the summer's busy times, Harbstreet said.
"It's simply petite yellow potatoes, olive oil, soy sauce, panko, sesame seeds and Chinese 5-spice. This is also a great option for athletes, providing a quick and easy fuel source to power your performance."
For more information or recipe inspiration, please visit PotatoGoodness.com/summer.
About Potatoes USA
Potatoes USA was established in 1971 by a group of potato farmers to promote the benefits of eating potatoes. Today, as the largest vegetable commodity board and the marketing organization for the 2,500 potato farming families operating in the United States, we are proud to be recognized as an innovator in the produce industry. We provide culinary potato inspiration to key audiences, as well as useful tools, education, and support. Through effective market-driven strategies that focus on the greatest opportunities, Potatoes USA is proving that, no matter where the customer lives, U.S. potatoes offer a world of possibilities.
Contact
Erin Bracken
media@hillenby.com
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SOURCE Potatoes USA | https://www.kxii.com/prnewswire/2022/06/21/busting-biggest-myths-about-potatoes-nutritional-powerhouse/ | 2022-06-21T16:55:44Z |
WEST DES MOINES, Iowa, July 15, 2022 /PRNewswire/ -- Rally House is eager to branch out with new stores in fresh markets, which is why the company is delighted to announce a new location in West Des Moines, IA. Rally House Plaza at Jordan Creek joins one other existing Rally House store in the area, giving fans another dependable source for outstanding sports apparel, college gear, and localized merchandise.
Rally House strives to deliver an unmatched selection of clothing, accessories, and gifts so that fans can easily flaunt their team and hometown pride. "We're excited to bring another Rally House store to the Des Moines metro area! Rally House Plaza at Jordan Creek will have an even larger assortment of merch for collegiate and pro teams from the Midwest, along with local favorites like the Iowa Cubs and Drake University," says Senior Store Manager Jeremy Treichel. "This is the friendly store that fills the gaps of what this community is craving!"
There's a wide-ranging assortment of teams available at Rally House Plaza at Jordan Creek, including the Iowa Hawkeyes, Iowa State Cyclones, Drake Bulldogs, KC Chiefs, and Green Bay Packers, to name a few. Plus, patrons can shop confidently, as this store carries high-quality products from esteemed brand names like Nike, Mitchell & Ness, New Era, and '47.
The team at Rally House Plaza at Jordan Creek also wants to assist residents and tourists in boasting their love for all things Iowa and Des Moines. That's why there's an array of locally inspired products to browse, with legendary designs from the acclaimed RALLY Brand™.
Customers will appreciate the straightforward and fun shopping environment at this new Rally House store near Des Moines. Still, tons of products are available online at www.rallyhouse.com that can ship to all states.
To remain caught-up on store news, Rally House recommends that customers visit www.rallyhouse.com/rally-house-plaza-jordan-creek or follow Rally House Plaza at Jordan Creek on Facebook (@RallyJordanPlaza) and Instagram (@rallyjordanplaza).
About Rally House
Rally House and Sampler Stores Inc. is a family-owned specialty boutique that offers a large selection of apparel, hats, gifts and home décor representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams in addition to locally inspired apparel, gifts and food. Proudly based in Lenexa, Kansas, Rally House operates 100+ locations across 13 states.
CONTACT:
Megan Otto, District Manager
motto@rallyhouse.com
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SOURCE Rally House | https://www.kxii.com/prnewswire/2022/07/15/rally-house-debuts-2nd-store-iowa/ | 2022-07-15T19:49:50Z |
(STACKER) — The COVID-19 pandemic has truly changed the way we think about the nature of work, and in particular, where we live versus where we’re employed. Pre-pandemic, telecommuting or work-from-home situations existed, but they weren’t the norm. Nearly 6 in 10 Americans rarely or never telecommuted pre-pandemic. Months later, just over half of workers who could were telecommuting. Although vaccines were on the horizon—and with that, an imminent return to office life—many still preferred this new way of working.
Employees discovered that working from home certainly had an upside. No more long, stressful commute. They were more productive. Having more flexibility with time allowed them to better manage a household. For those who live in expensive real estate markets, the pandemic has provided an opportunity to make the leap to a more affordable city without sacrificing a big-city paycheck.
While many employers want to bring workers back to the office in some capacity, the work-from-home trend is likely here to stay. With it, smaller cities may continue to boom, as people leave larger cities for a different lifestyle. So, where in your state are people coming to settle and enjoy this new work-from-anywhere style of living? To find out, Stacker compiled a list of metros where the most people are finding new jobs in Waco, TX using data from the U.S. Census Bureau’s Jobs-to-Jobs Flows. Metros are ranked by the number of people that started a new job in Waco, TX in the first quarter of 2021.
You may also like: Where people in Waco are moving to most
#20. Lakeland-Winter Haven, FL
– Started a new job in Waco from Lakeland in Q1 2021: 14
— #357 most common destination from Lakeland
– Started a new job in Lakeland from Waco in Q1 2021: 0
— 0.0% of total new out-of-metro jobs
– Net job flow: 14 to Waco
#19. Midland, TX
– Started a new job in Waco from Midland in Q1 2021: 15
— #28 most common destination from Midland
– Started a new job in Midland from Waco in Q1 2021: 17
— 0.5% of total new out-of-metro jobs
– Net job flow: 2 to Midland
#18. Beaumont-Port Arthur, TX
– Started a new job in Waco from Beaumont in Q1 2021: 16
— #26 most common destination from Beaumont
– Started a new job in Beaumont from Waco in Q1 2021: 15
— 0.4% of total new out-of-metro jobs
– Net job flow: 1 to Waco
#17. Denver-Aurora-Lakewood, CO
– Started a new job in Waco from Denver in Q1 2021: 17
— #206 most common destination from Denver
– Started a new job in Denver from Waco in Q1 2021: 8
— 0.2% of total new out-of-metro jobs
– Net job flow: 9 to Waco
#16. Amarillo, TX
– Started a new job in Waco from Amarillo in Q1 2021: 18
— #26 most common destination from Amarillo
– Started a new job in Amarillo from Waco in Q1 2021: 17
— 0.5% of total new out-of-metro jobs
– Net job flow: 1 to Waco
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#15. McAllen-Edinburg-Mission, TX
– Started a new job in Waco from McAllen in Q1 2021: 19
— #22 (tie) most common destination from McAllen
– Started a new job in McAllen from Waco in Q1 2021: 15
— 0.4% of total new out-of-metro jobs
– Net job flow: 4 to Waco
#14. Abilene, TX
– Started a new job in Waco from Abilene in Q1 2021: 20
— #15 most common destination from Abilene
– Started a new job in Abilene from Waco in Q1 2021: 24
— 0.7% of total new out-of-metro jobs
– Net job flow: 4 to Abilene
#13. Corpus Christi, TX
– Started a new job in Waco from Corpus Christi in Q1 2021: 21
— #26 most common destination from Corpus Christi
– Started a new job in Corpus Christi from Waco in Q1 2021: 18
— 0.5% of total new out-of-metro jobs
– Net job flow: 3 to Waco
#12. Lubbock, TX
– Started a new job in Waco from Lubbock in Q1 2021: 31
— #17 (tie) most common destination from Lubbock
– Started a new job in Lubbock from Waco in Q1 2021: 28
— 0.8% of total new out-of-metro jobs
– Net job flow: 3 to Waco
#11. Longview, TX
– Started a new job in Waco from Longview in Q1 2021: 33
— #11 (tie) most common destination from Longview
– Started a new job in Longview from Waco in Q1 2021: 30
— 0.8% of total new out-of-metro jobs
– Net job flow: 3 to Waco
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#10. El Paso, TX
– Started a new job in Waco from El Paso in Q1 2021: 37
— #26 (tie) most common destination from El Paso
– Started a new job in El Paso from Waco in Q1 2021: 62
— 1.8% of total new out-of-metro jobs
– Net job flow: 25 to El Paso
#9. Los Angeles-Long Beach-Anaheim, CA
– Started a new job in Waco from Los Angeles in Q1 2021: 37
— #132 most common destination from Los Angeles
– Started a new job in Los Angeles from Waco in Q1 2021: 21
— 0.6% of total new out-of-metro jobs
– Net job flow: 16 to Waco
#8. Tyler, TX
– Started a new job in Waco from Tyler in Q1 2021: 41
— #8 most common destination from Tyler
– Started a new job in Tyler from Waco in Q1 2021: 46
— 1.3% of total new out-of-metro jobs
– Net job flow: 5 to Tyler
#7. College Station-Bryan, TX
– Started a new job in Waco from College Station in Q1 2021: 82
— #8 most common destination from College Station
– Started a new job in College Station from Waco in Q1 2021: 66
— 1.9% of total new out-of-metro jobs
– Net job flow: 16 to Waco
#6. San Antonio-New Braunfels, TX
– Started a new job in Waco from San Antonio in Q1 2021: 174
— #14 most common destination from San Antonio
– Started a new job in San Antonio from Waco in Q1 2021: 188
— 5.3% of total new out-of-metro jobs
– Net job flow: 14 to San Antonio
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#5. Killeen-Temple, TX
– Started a new job in Waco from Killeen in Q1 2021: 269
— #7 most common destination from Killeen
– Started a new job in Killeen from Waco in Q1 2021: 265
— 7.5% of total new out-of-metro jobs
– Net job flow: 4 to Waco
#4. Non-metropolitan area(s), TX
– Started a new job in Waco from Non in Q1 2021: 387
— #15 most common destination from Non
– Started a new job in Non from Waco in Q1 2021: 371
— 10.5% of total new out-of-metro jobs
– Net job flow: 16 to Waco
#3. Austin-Round Rock-Georgetown, TX
– Started a new job in Waco from Austin in Q1 2021: 401
— #10 most common destination from Austin
– Started a new job in Austin from Waco in Q1 2021: 413
— 11.7% of total new out-of-metro jobs
– Net job flow: 12 to Austin
#2. Houston-The Woodlands-Sugar Land, TX
– Started a new job in Waco from Houston in Q1 2021: 408
— #21 most common destination from Houston
– Started a new job in Houston from Waco in Q1 2021: 409
— 11.6% of total new out-of-metro jobs
– Net job flow: 1 to Houston
#1. Dallas-Fort Worth-Arlington, TX
– Started a new job in Waco from Dallas in Q1 2021: 1,011
— #11 most common destination from Dallas
– Started a new job in Dallas from Waco in Q1 2021: 1,023
— 28.9% of total new out-of-metro jobs
– Net job flow: 12 to Dallas
You may also like: Highest-rated breakfast restaurants in Waco, according to Tripadvisor | https://cw33.com/news/texas/study-says-people-from-dallas-fort-worth-are-finding-new-jobs-in-waco/ | 2022-04-24T17:28:01Z |
SHENZHEN, China, Aug. 8, 2022 /PRNewswire/ -- On July 27, 2022, at the witness of E-cigarette Professional Committee of China Electronic Chamber of Commerce, John Dunne, Director General of the British Electronic Cigarette Industry Association (UKVIA), Dustin Dahlmann and Cipri Boboi, Co-founders of the European Electronic Cigarette Association (IEVA), Peter Davydoff, the chief press officer of the Russian Nicotine Alliance and Daniel David, chairman of the Canadian Electronic Cigarette Industry Trade Association (VITA), the global well-known electronic atomization technology ecological enterprise, ICCPP and representatives of other 57 e-cigarette enterprises jointly signed the "Compliant Business Commitment", which promised to strictly abide by the regulations and requirements of the e-cigarette industry in China and export destination countries and regions, produce safely, operate in compliance, and effectively fulfill commitment not to sell e-cigarettes to minors, etc.
The Electronic Cigarette Special Committee is one of the largest e-cigarette industry alliances in China, with more than 600 member companies, among which are world-renowned e-cigarette brands and manufacturing companies such as ICCPP, Smoore, Relx, SMOK and FirstUnion Group.
After the signing ceremony, Everest Zhao, Vice Chairman of China Electronic Cigarette Special Committee and Founder of ICCPP, spoke as a representative of the participating enterprises and firstly expressed his gratitude to the Special Committee for organizing this event. Everest said that compliance has always been the primary strategic goal of ICCPP. With the introduction of vaping policies and rules in various countries, the e-cigarette industry has developed from self-regulation to co-regulation, which has put forward specific requirements on the business direction and strategy of enterprises. Everest also pointed out that China's e-cigarette industry has a long way to go in terms of compliance. The enterprises should actively implement compliance within the common construction, work together towards the norm, and be willing to take social responsibility, so as not to break the long-term development due to small profits.
It is understood that ICCPP has been a pioneer in the compliance of the e-cigarette industry. As early as July 12, 2021, ICCPP took the lead in signing the "commitment not to sell e-cigarettes to minors", committing to further protection of minors away from electronic atomization products and legal business; ICCPP also participated in the development of the group standards of "E-cigarette Device General Technical Specifications" and "E-Liquid Safety Technical Specifications", and made clear guidelines and requirements on the production, testing, inspection, management, service and other behaviors of e-cigarettes and e-liquid, actively promoting the sound development of norms-oriented industry. At the end of last year, the new policy of e-cigarette industry was released, and then ICCPP was the first to express its firm support, advocated to drive the industry with technological innovation and embrace it with an open mind, and also the first to showcase compliant products at The IECIE Shenzhen eCig Expo (IECIE Shenzhen) , taking the initiative in compliance business.
Recently, ICCPP has successfully passed the audit of Shenzhen Airport and won the qualification of "Shenzhen Airport Electronic Atomization Products White List Enterprise", which will subsequently enjoy the differentiated security inspection services provided by Shenzhen Airport. Different from the ordinary security inspection standards, the "Identification Standards for White List Enterprises of Electronic Atomization Products" and the "Operational Guidelines for Differentiated Security Inspection of Air Exports", studied and issued by Shenzhen Airport and relevant testing units, have made almost strict provisions on the design and production of batteries on overheating, the flash point, nicotin concentration and toxic substance detection of oil, and even whether there is an anti-leakage process during transportation, as well as the standardization and systematization of the e-cigarette production process and the traceability of logistics from the perspective of transportation safety. It is a remarkable recognition and credit from the authorities for vape quality and logistics management. It can be said that the enterprises entering the Shenzhen Airport White List not only need to be one step ahead in the transportation process, but also need to achieve impeccable whole process success from R&D, design, manufacturing to logistics and transportation.
Logistics compliance of ICCPP is the result of years of systematized forward-looking compliance strategy. The systematic construction and development based on the industrial chain model is the strategic focus of ICCPP's sustainable operation. Since 2019, ICCPP has built a global compliance department to continuously study global market compliance trends, including not only domestic regulations, but also the PMTA in the USA (ICCPP is one of the first batch of Chinese companies to apply for PMTA) and TPD3 in Europe. Up to now, ICCPP has established a proven and operational compliance mechanism and accumulated considerable practical experience in response to different regulatory markets around the world. For example, its testing center has been able to analyze and support access testing to major electronic atomized markets such as USA, Europe, Southeast Asia, etc.
To promote the benign development of the global e-cigarette market and practically solve the market access jam problem faced by e-cigarette enterprises, ICCPP ODM+ has recently developed a whole set of global compliance market solution services, dedicated to helping domestic and foreign enterprises to navigate regulatory complexity and accelerate speed to new markets, and share with the industry the systematic operation experience and achievements in compliance over the years.
Focusing on the brand strategy of "technological innovation, safety standard, direct access to users and global breakthrough" and taking self-develop and self-innovation as the core, ICCPP gathers more than 500 global top electronic atomization researchers and establishes a superb Everest Lab at home and abroad, continuously integrating the core technologies of four research institutes: basic materials, life science, innovative technology and atomization chip development, and pursuing the highest technical standards and the latest technological breakthroughs in the industry. ICCPP has achieved nearly 2000 technical patents so far and has 6 GMP standards and requirements meeting manufacturing bases covering an area of more than 120,000 square meters. With its first-class manufacturing level and industrial chain ecological business model accumulation, ICCPP has the confidence and ability to empower global partners with premium electronic atomized technology products and services.
With the vision of becoming a world-leading and respected health technology enterprise, ICCPP focuses on the innovation and development of electronic atomization technology and related product services, and is committed to building a win-win ecosystem covering front-end technology solutions, core components R&D and manufacturing, product design and production, supply chain management, logistics and transportation, and sales and after-market services, and redefines the people-oriented "customer-atomization-industry" integration and the new way of vaping connection, to share the beautiful vaping life experience brought by innovative technology with global users.
About:
Founded in 2014 and headquartered in Shenzhen, ICCPP has developed into a global-leading comprehensive ecological atomization technology enterprise integrating electronic atomization technology research, product design, modern intellectual manufacturing and brand operation. As a benchmark enterprise in the vaping industry, ICCPP has a top electronic atomization solution provider brand ODM+ and two well-known self-owned brands VOOPOO and ZOVOO, and 8 branches worldwide including USA, Canada, Germany, UK, France, Indonesia, Malaysia and Russia. The business has covered 100,000 offline outlets in more than 70 countries and regions around the world, providing over 30 million consumers with a wonderful vaping products and services.
Media Contact: carol, odmprd@iccpp.com
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SOURCE ICCPP | https://www.mysuncoast.com/prnewswire/2022/08/09/iccpp-signed-compliant-business-commitment-build-future-compliant-e-cigarette-industry/ | 2022-08-09T04:27:43Z |
US experts wrestle with how to update COVID-19 vaccines
WASHINGTON (AP) - More than two years into the COVID-19 pandemic, U.S. health officials are beginning to grapple with how to keep the vaccines updated to best protect Americans from the ever-changing coronavirus.
On Wednesday, a panel of vaccine advisers to the Food and Drug Administration spent hours debating key questions for revamping the shots and conducting future booster campaigns. They didn’t reach any firm conclusions.
The questions facing the experts included: How often to update the vaccines against new strains, how effective they should be to warrant approval and whether updates should be coordinated with global health authorities.
Last week, the FDA authorized a fourth dose of the Pfizer or Moderna vaccines for anyone 50 or older and for some younger people with severely weakened immune systems. It’s an effort to get ahead of another possible surge.
But the FDA’s vaccine chief Dr. Peter Marks acknowledged at the meeting “we simply can’t be boosting people as frequently as we are.” He called the latest booster update a “stopgap” measure to protect vulnerable Americans while regulators decide whether and how to tweak the current vaccines.
Marks cautioned that waning vaccine protection, new variants and colder weather in the fall could raise the risk of more surges.
“Our goal here is to stay ahead of future variants and outbreaks and ensure we do our best to reduce the toll of disease and death due to COVID-19,” said Marks, adding that he expects more meetings of the vaccine panel in coming months.
Some of the key questions the panel discussed:
HOW SHOULD THE U.S. DECIDE WHEN TO LAUNCH FUTURE ROUNDS OF BOOSTER SHOTS?
One area where experts appeared to agree is that vaccines should be judged on their ability to prevent severe disease that leads to hospitalization and death.
“We need to focus on the worst case, which is severe disease, and we need to change strains when we’re losing that battle,” said Dr. Mark Sawyer of the University of California, San Diego.
By that measure, the current vaccines have held up remarkably well.
During the last omicron-driven surge, two vaccine doses were nearly 80% effective against needing a breathing machine or death — and a booster pushed that protection to 94%, federal scientists recently reported.
But only about half of Americans eligible for a third shot have gotten one. And many experts said it was unsustainable to continue asking Americans to get boosted every few months.
A panelist from the Centers for Disease Control and Prevention suggested that the 80% protection from severe disease could become the standard for evaluating the vaccines.
“I think we may have to accept that level of protection and then use other alternative ways to protect individuals with therapeutics and other measures,” said Dr. Amanda Cohn, CDC’s chief medical officer.
Presentations at the meeting by government health officials and independent researchers underscored the challenges of predicting when the next major COVID-19 variant might appear.
Trevor Bedford, a disease modeler with the Fred Hutchinson Cancer Research Center, said a major new strain like omicron could emerge anywhere from every 1.5 years to once a decade, based on currently available data. Given that unpredictability, researchers will need methods to quickly determine whether current vaccines work against emerging variants.
WHAT’S THE PROCESS FOR UPDATING VACCINES TO ADDRESS NEW VARIANTS?
All three COVID-19 vaccines now used in the U.S. are based on the original coronavirus version that emerged in late 2019. Updating the vaccines will be a complex task, likely requiring coordination between the FDA, manufacturers and global health authorities.
To speed the vaccines to market, the FDA relied on research shortcuts to judge effectiveness, mainly looking at their early impact on the immune system’s antibody levels. A number of panelists said Wednesday they wanted more rigorous data from studies that track patients over time to see who gets sick or dies.
But that approach would likely be too time consuming.
“We’re looking at a conundrum here in that it’s going to be hard to generate all the data we want in short order when a new variant emerges,” said Dr. Ofer Levy of Harvard Medical School.
A representative for the U.S. Biomedical Advanced Research and Development Authority laid out the narrow window that manufacturers could face to reformulate, study and mass produce an updated vaccine by September.
“If you’re not on your way to a clinical trial by the beginning of May, I think it’s going to be very difficult to have enough product across manufacturers to meet demand,” said Robert Johnson, deputy assistant secretary of BARDA.
The process for updating annual flu vaccines offers one possible model, as laid out by a representative from the World Health Organization.
Twice a year, WHO experts recommend updates to flu vaccines to target emerging strains. The FDA then brings those recommendations to its own vaccine panel, which votes on whether they make sense for the U.S., setting the stage for manufacturers to tweak their shots and begin mass production.
But COVID-19 hasn’t yet fallen into a predictable pattern like the flu. And as the coronavirus evolves, different strains may become dominant in different regions of the world.
Several experts said they would need more meetings with more data and proposals from the FDA to decide on a strategy.
“We’ve never been here before. We’re all working together to do the best we can and it’s very complex,” said Oveta Fuller of the University of Michigan’s Medical School.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/07/us-experts-wrestle-with-how-update-covid-19-vaccines/ | 2022-04-07T05:18:17Z |
Dear Annie: My wife and I have been married now for 37 years. Our three children are all grown up with their own careers and families.
The problem is I’m no longer physically attracted to her. She is 60, and I’m 66. We’re both somewhat overweight, but she has noticeable bulges of belly fat, which is not uncommon for women her age.
Needless to say, her figure is less than desirable.
I refuse to confront her weight issue for fear that she’ll feel rejected. She is my soul mate, and I love her dearly, but it’s been over a year now with no sex. I can live without it for the most part, but she can’t. Help!
— Hesitant Husband
Dear Hesitant Husband: There must be something about your wife that you’re attracted to that’s not based on her appearance. Is it her sense of humor? Her intelligence?
We all age, and there are plenty of ways to keep that strong sexual connection. Focus on the things she does have going for her. Give her lots of hugs, so you reconnect physically as you picture the woman you fell in love with.
And if you’re both overweight, why don’t you start a diet and exercise plan together?
You’d get quality time, improved health and a better body — which could get you out of your rut. Three for the price of one. | https://www.tdtnews.com/life/advice_columns/article_8c3d651c-e734-11ec-8025-237b348ddc6c.html | 2022-06-09T11:21:26Z |
World's most successful research submersible reaches 6,453 meters, its deepest dive ever
WOODS HOLE, Mass., July 22, 2022 /PRNewswire/ -- Earlier today, the human-occupied submersible Alvin made history when it successfully reached a depth of 6,453 meters (nearly 4 miles) in the Puerto Rico Trench, north of San Juan, P.R. This is the deepest dive ever in the 58-year history of the storied submersible.
The dive was a critical step in the process of achieving certification from the U.S. Navy to resume operations after an 18-month overhaul and upgrade that extended the sub's maximum dive rating from 4,500 meters (14,800 feet) to its new limit of 6,500 meters (21,325 feet). Naval Sea Systems Command (NAVSEA) requirements stipulate the certification dive be between 6,200 and 6,500 meters.
The three-person crew aboard Alvin for this history-making dive were: Anthony Tarantino (Woods Hole Oceanographic Institution (WHOI), pilot); Fran Elder (WHOI, mechanical engineer); and Mike Yankaskas (NAVSEA).
The added range puts roughly 99% of the seafloor within reach of the world's longest-operating, most active, and, by many measures, most successful human-occupied submersible program in the world.
This success comes after test dives were temporarily halted in November 2021 when a post-dive visual inspection revealed damage to several attachment points of the specialized syntactic foam used to provide buoyancy to the 43,000-pound submersible. The Alvin team has spent the past several months working to ready the sub to dive again, setting sea in early July for a new round of tests.
"Investments in unique tools like Alvin accelerate scientific discovery at the frontier of knowledge," said WHOI President and Director Peter de Menocal. "Alvin's new ability to dive deeper than ever before will help us learn even more about the planet and bring us greater appreciation for what the ocean does for all of us every day."
Alvin is one of the most recognized and the most widely used deep submergence vessels in the world and the only one in the U.S. capable of carrying humans into extreme ocean depths and conducting complex scientific study of the deep ocean and seafloor. Today's dive means the sub has completed 5,086 successful dives, more than all other submersible programs worldwide combined. It is named after the WHOI physicist and oceanographer Allyn Vine, who first championed the idea of building a human-occupied submersible to support deep-sea research, was originally constructed by WHOI engineers in 1964, and has been operated by the Institution ever since. On average, it conducts about 100 dives per year on missions to study the processes that create and shape Earth's crust, the chemical conditions that support life in extreme environments, and the vast diversity of life in the deep sea.
In 1974, Alvin played a central role in Project FAMOUS (French American Mid-Ocean Undersea Study) to verify aspects of the then-new theory of plate tectonics. Three years later, scientists diving in Alvin rewrote modern understanding of life on Earth when they discovered hot, chemical-rich water flowing from the seafloor and supporting entire ecosystems independent of sunlight at the surface. In 1986, Alvin made one of its most iconic expeditions when WHOI scientist Robert Ballard used it to explore the wreck of HMS Titanic.
"For almost 60 years, the deep-submergence vehicle Alvin has unveiled the ocean's mysteries--not just for military and national security purposes but also for the scientific benefit of society as a whole," said Chief of Naval Research Rear Adm. Lorin C. Selby. "The Office of Naval Research is proud of its history with Alvin and Woods Hole Oceanographic Institution and looks forward to future discoveries and innovations. Welcome back, Alvin!"
Over the years, Alvin has transported more than 3,000 people into the depths and has supported publication of countless peer-reviewed scientific studies. It has also enabled development of new tools to further oceanographic research and has fostered the careers of many young scientists and engineers.
"The Alvin team at WHOI again demonstrated why they are world leaders in deep submergence technology with this momentous achievement," said Brian Midson, Program Director for Submersible Support at the National Science Foundation (NSF), which largely funded the upgrade. "It is exciting that Alvin will now extend its support of researchers making discoveries in the least visited places on the planet for generations to come."
The Alvin Group is based at WHOI and supports all aspects of the sub's operations, including maintaining and piloting the sub, integrating new scientific sensors and instruments for specific missions, and designing and building new parts and new tools to extend its capabilities. Alvin is part of the NSF-funded National Deep Submergence Facility at WHOI that also includes the remotely operated vehicle (ROV) Jason and autonomous underwater vehicle (AUV) Sentry.
In March 2020, Alvin returned to Woods Hole, where WHOI engineers completely disassembled the sub as part of a regularly scheduled maintenance period. At the same time, they completed an upgrade process begun in 2011 to extend the sub's depth range. The added depth will give scientists direct access to the ocean's abyssal and upper hadal zones. This under-studied and poorly explored region is expected to be home to new species and to offer new insight into the connections between the deep ocean and the surface of the planet, as well as the physical, chemical, and biological processes that make life on Earth possible.
For the past three weeks, Alvin underwent a series of tests as part of its sea trials, overseen by the NAVSEA, which designs, builds, and maintains U.S. Navy ships and submarines. These included tests of its mechanical and electrical systems and its ability to operate safely at depth. The process concluded with certification to resume operation and to dive to its new maximum depth.
"Being able to work with the Woods Hole and ONR team to certify Alvin has been an honor for us," said NAVSEA's Commander Vice Adm. Bill Galinis. "At NAVSEA, we like to say we expand the Navy's warfighting advantage, but with Alvin, we are now expanding scientist's ability to learn more about inner space thanks to our world-class engineers and deep submergence expertise."
The next step in Alvin's post-overhaul schedule is a two-week, NSF-funded science verification expedition departing San Juan, Puerto Rico, on July 25 led by WHOI engineer and chief scientist of the NSF-funded National Deep Submergence Facility Anna Michel and University of Rhode Island geologist Adam Soule. During the trip, scientists from a wide range of disciplines will evaluate the sub's ability to support deep-sea scientific research. Upon successful completion of the expedition, the science team will declare Alvin ready to return to service.
"A great many people have made it possible for Alvin to come this far," said de Menocal. "To all of them I say thank you and congratulations. This is yet another milestone in Alvin's long history of success."
Alvin by the Numbers
- Maximum depth: 6,500 meters (21,325 feet, 4 miles)
- Crew: 1 pilot, 2 observers
- Year launched: 1964
- Number of dives: 5,086
2020-2022 Upgrades
- Titanium variable ballast spheres and syntactic foam modules rated to 6500 meters
- High-quality still and 4K video imaging system
- New hydraulic manipulator arm
- More efficient, fully redundant hydraulic system
- Higher-horsepower thrusters
- New motor controllers
- Integrated command-and-control system
The Woods Hole Oceanographic Institution (WHOI) is a private, non-profit organization on Cape Cod, Massachusetts, dedicated to marine research, engineering, and higher education. Established in 1930, its primary mission is to understand the ocean and its interaction with the Earth as a whole, and to communicate an understanding of the ocean's role in the changing global environment. WHOI's pioneering discoveries stem from an ideal combination of science and engineering--one that has made it one of the most trusted and technically advanced leaders in basic and applied ocean research and exploration anywhere. WHOI is known for its multidisciplinary approach, superior ship operations, and unparalleled deep-sea robotics capabilities. We play a leading role in ocean observation and operate the most extensive suite of data-gathering platforms in the world. Top scientists, engineers, and students collaborate on more than 800 concurrent projects worldwide--both above and below the waves--pushing the boundaries of knowledge and possibility. For more information, please visit www.whoi.edu
This news release was issued on behalf of Newswise™. For more information, visit http://www.newswise.com.
Media Contacts: Suzanne Pelisson
Director of Public Relations
spelisson@whoi.edu
Phone: 973-801-6223
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SOURCE Woods Hole Oceanographic Institution | https://www.mysuncoast.com/prnewswire/2022/07/22/human-occupied-submersible-alvin-makes-historic-dive/ | 2022-07-22T16:00:14Z |
Nike releases limited-edition shoes to honor Gigi Bryant’s sweet 16
(Gray News) - Nike launched a limited-edition shoe to honor Kobe Bryant’s daughter Gianna ‘Gigi’ Bryant on what would have been her sixteenth birthday.
The shoes, called the Kobe 6 Proto Mambacita Sweet 16, sold out in less than two minutes when they were released Sunday.
Nike said in a statement that the shoes “honor the legacy that Kobe and Gigi built… To the fans that have embodied the Mamba Mentality from the beginning and the young hoopers that have pushed Gigi’s love for the game forward, this one’s for you.”
According to Nike, profits from the shoe sales will be donated to the Mamba & Mambacita Sports Foundation, a nonprofit that supports underprivileged athletes.
Kobe and Gigi Bryant were killed in a helicopter crash on Jan. 26, 2020 when Gigi was 13 years old. May 1, 2022 would have been her sweet 16.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/02/nike-releases-limited-edition-shoes-honor-gigi-bryants-sweet-16/ | 2022-05-02T17:58:30Z |
CAMBRIDGE, Mass., and PERTH, Australia, June 28, 2022 /PRNewswire/ --
Summary
The Institute of Functional Neuroscience, a world leading treatment and rehabilitation centre utilising the latest technologies in neuroplasticity research, and MetaCell, an innovative life science software company specialised in cutting-edge research software for major pharma, biotech, and academic institutions, have partnered to launch IFN Neurologic. This application will help clinicians to better serve patients with neurological disorders and provide treatments in the functional neuroscience domain. The application has been piloted with a limited number of clinics in 2021/2022, and now is made available to clinics and patients worldwide.
Affiliate Program
Affiliate clinics will use for the first time IFN Neurologic to perform restorative neuroplasticity interventions on their patients at their own clinic. The affiliate program includes a comprehensive education program accredited by IFN (Institute of Functional Neuroscience) and AICN (Australian Institute of Clinical Neuroscience), all the necessary hardware/software, and access to the IFN Neurologic platform.
The team
Dr. Randy Beck, PhD, Director of the IFN, said: "We're excited to be launching this new application in partnership with MetaCell. With this new software that requires no installation and can be reached from any web browser in the world, we now have the ability to rapidly scale up our diagnostic processes and reach more patients around the world at the click of a button."
Giovanni Idili, COO of MetaCell, added: "We are very proud to work with Dr. Beck and provide IFN with a solution that ultimately allows the organisation to help a much greater number of patients at the same outstanding level of service, and we look forward to partnering with many more clinical innovators using our unique approach to custom software development in concert with our clinical neuroscience platforms."
About IFN
The Institute of Functional Neuroscience (IFN) utilises the latest in neuroplasticity and neuroscience research to develop treatment approaches aimed at improving brain and nervous system performance of patients with a wide range of conditions including migraines, seizure disorders, strokes, attention deficit disorders, obsessive compulsive disorder, developmental coordination delay, vertigo, depression, learning and developmental disorders, concussion syndromes and autism.
About MetaCell
MetaCell is a life science-focused software company composed of scientists and software engineers, with deep domain expertise in computational neuroscience, molecular biology, data science, and enterprise-grade online software development. Their solutions have been trusted for over a decade by some of the world's largest pharmaceutical companies and leading research institutions in the USA, UK, Australia, Canada, and Europe, including Biogen, Pfizer, Eisai, Salk, UCL, Mount Sinai, UCSD, Yale, Princeton, and many more.
Contact details
IFN Neurologic: https://ifnneurologic.com/ | +61 (08) 6254 2282 | affiliateprogram@ifnneurologic.com
IFN: https://ifn.net.au | +61 (08) 6254 2282 | info@ifn.net.au
MetaCell: https://metacell.us/ | US +1 617-286-4832 | UK +44 1865 648684 | info@metacell.us
Photo - https://mma.prnewswire.com/media/1847960/IFN_Neurologic_and_MetaCell.jpg
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SOURCE IFN Neurologic; MetaCell | https://www.kxii.com/prnewswire/2022/06/28/ifn-neurologic-metacell-partner-launch-ifn-neurologic-affiliate-program/ | 2022-06-28T13:30:14Z |
VANCOUVER, BC, June 7, 2022 /PRNewswire/ - Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE:11B) ("Augusta Gold" or the "Company") is pleased to announce the results of its mineral resource estimate at the Reward Project located in Nevada, USA. Closing of the Company's acquisition of the Reward Project is expected imminently.
Highlights
- Reward:
- Bullfrog:
- Reward and Bullfrog:
Don Taylor, President and CEO commented: "Reward is a fully permitted, low-risk heap leach project located in a top mining jurisdiction. The recently completed pit constrained resource is indicative of what we can expect in terms of production from the property. In tandem with our work at Reward we will be completing the required studies for a Mine Plan of Operations for the Bullfrog project scheduled for submission to the regulatory agencies by H1 2023 requesting permits to begin mining operations. It is anticipated that Reward will be the first production in the district followed by the larger planned production from Bullfrog."
Economic studies for both the Reward and Bullfrog gold projects (located just seven miles apart – see Figure 3) are in progress.
Figure 1: Reward Mineral Resource Estimate
Figure 2: Bullfrog Mineral Resource Estimate
Reward and Bullfrog are strategically located just seven miles apart in the prolific Walker Lane district Nevada, an area very active by junior and senior gold companies involved in exploration, development, and asset consolidation.
A technical report supporting the Reward mineral resource estimate will be filed within 45 days of the date hereof. The Bullfrog mineral resource estimate is derived from the technical report titled "NI 43-101 Technical Report Mineral Resource Estimate, Bullfrog Gold Project, Nye County, Nevada" with an effective date of December 31, 2021.
Statistical analysis, three-dimensional (3D) modelling and resource estimation were completed by Mr. Warren Black, M.Sc., P.Geo. with assistance from Mr. Steven Nicholls, MAIG, of APEX (under the direct supervision of Mr. Michael Dufresne, M.Sc., P.Geol., P.Geo.). The workflow implemented for the Reward Gold Project mineral resource estimate was completed using the commercial mine planning software MICROMINE (v 18.0). The Anaconda Python distribution (Continuum Analytics, 2017) and contributions made by Mr. Black to the Python package pygeostat (CCG, 2016) was used for supplemental data analysis. Mr. Dufresne is the QP and takes responsibility for the mineral resource estimate.
CR Reward LLC provided APEX with the Reward Project drillhole database that consists of analytical, geological, density, and collar survey information; initial estimation domains for both the Good Hope and Gold Ace zones; and a geological model for the Reward Project that contains a stratigraphic and structural 3D interpretation. The provided data was reviewed in detail from late 2017 to 2018 by APEX personnel. The data was used to prepare the Reward mineral resource estimate. The QP and APEX personnel conducted a thorough review of the data to ensure the database was in good shape and considered suitable for resource estimation. The initial data and project review conducted in the fall of 2017 was, in part, the reason for additional drilling conducted by CR Reward LLC. In the opinion of the QP, the current Reward drillhole database is deemed to be in good condition and suitable to use in ongoing resource estimation studies.
The mineral resource estimate was calculated using a block model size of 20 ft (X) by 20 ft (Y) by 20 ft (Z). APEX personnel estimated the gold grade for each block using Ordinary Kriging with locally varying anisotropy to ensure grade continuity in various directions is reproduced in the block model. The block model was diluted by estimating a waste grade for the outer blocks using composites within a transition zone along the outer edge of the mineralized estimation domain that was then proportionately combined with the estimated grade for the portion of the block within the mineralized domain.
Modelling was conducted in Local Grid coordinate space in feet relative to the North American Datum (NAD) of 1927 (Zone 11). The database consists of 376 drill holes completed at the Good Hope and Gold Ace prospects ranging from 1987 to 2018 of which 264 were used in the Good Hope and Gold Ace resource modelling. Standard statistical techniques including composting, orphan analysis, declustering, capping, variography and transition zone analysis were utilized to complete the Reward mineral resource estimate. Mr. Dufresne, M.Sc., P.Geol., P.Geo., visited the property in August, 2017 and subsequent to the CR Reward LLC drilling in August, 2019.
From 2015 to early 2017, CR Reward LLC completed a compilation, audit and update of the drill hole database. Drill hole locations, survey data and readily accessible assay certificates were uploaded into the commercially-available DataShed software package. Assays that did not have assay certificates were retained in an Excel spreadsheet and combined with the DataShed assays for the assay verification. Lithology, alteration, structure, and quartz vein data from selected holes were digitized from geologic paper logs in January 2017. These data were also brought into DataShed. The drill hole database consisting of 348 historical holes was audited, compiled, and verified by CR Reward LLC in 2016 and 2017 based on provided electronic files, for all historical drilling, and assay certificates. CR Reward LLC completed additional drilling in 2017 and 2018 consisting of 3,443 meters in 28 core holes.
The QP responsible for the Reward mineral resource estimate validated the historical gold values at the Reward Project by comparing the historical analytical certificates (and logs) to the digital assay database. All available downhole surveys were digitized and utilized to properly plot analytical data down-hole. Drill hole collar data was verified versus geological logs or survey files with collar elevations checked against a modern lidar survey. Drillholes with questionable data were omitted from the database and were not used to generate the mineral resource estimate. The QP verified all of the 2017 and 2018 drill hole data provided by CR Reward LLC. The results of the validation program indicate that the sample database is of sufficient accuracy and precision to be used for the generation of mineral resource estimates.
The scientific and technical information contained in this news release related to the Reward gold project and the sampling, analytical and test data underlying the scientific and technical information has been reviewed, approved and verified by Mike Dufresne of APEX Geoscience Ltd., who is an independent "Qualified Person" under National Instrument 43-101- Standards of Disclosure for Mineral Projects and subpart 1300 of Regulation S-K under the United States Securities Exchange Act of 1934, as amended. The data was verified using data validation and quality assurance procedures under high industry standards.
The scientific and technical information contained in this news release related to the Bullfrog gold project is based upon the technical report titled "NI 43-101 Technical Report Mineral Resource Estimate, Bullfrog Gold Project, Nye County, Nevada" with an effective date of December 31, 2021, prepared by Russ Downer and Adam House of Forte Dynamics, who are independent "Qualified Persons" under National Instrument 43-101 - Standards of Disclosure for Mineral Projects and subpart 1300 of Regulation S-K under the United States Securities Exchange Act of 1934, as amended.
Augusta Gold is an exploration and development company focused on building a long-term business that delivers stakeholder value through developing the Reward and Bullfrog gold projects and pursing accretive M&A opportunities. The Reward and Bullfrog gold projects are located in the prolific Bullfrog mining district approximately 120 miles north-west of Las Vegas, Nevada and just outside of Beatty, Nevada. The Company is led by a management team and board of directors with a proven track record of success in financing and developing mining assets and delivering shareholder value. For more information, please visit www.augustagold.com.
Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this new release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including that the Company is completing required studies for Mine Plan of Operation scheduled for submission H1 2023; that shared infrastructure is expected to provide meaningful synergies; that the recently completed pit constrained resource is indicative of what we can expect in terms of production from the Reward property; in tandem with our work at Reward we will be completing the required studies for a Mine Plan of Operations for the Bullfrog project scheduled for submission to the regulatory agencies by H1 2023 requesting permits to begin mining operations; that it is anticipated Reward will be the first production in the district followed by the larger planned production from Bullfrog. When used in this news release words such as "to be", "will", "planned", "expected", "potential", "anticipated" and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators and the United States Securities and Exchange Commission, including risks generally related to construction of mining projects. Such forward-looking statements are based on various assumptions, including assumptions made with regard to the Company securing adequate financing; the results of the Company's economic studies at Reward and Bullfrog; and the Company making affirmative production decisions at Reward and Bullfrog. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward- looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
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Women choosing abortions in Kansas face longer wait times
KANSAS CITY, Mo. (KCTV) - Jeanne Weber is a 27-year-old single mother of a 3-year-old. She is a survivor of domestic violence and sexual assault. She has been homeless with an infant.
She recently made the decision to have an abortion and even posted about it on Facebook.
“I can’t take that risk. I need to prioritize the stability I have for my daughter,” said Webber.
Women like Webber who choose abortion are now faced with longer wait times and possibly travel as women turn to a handful of states for care.
Planned Parenthood of Great Plains explained some patients are scheduling appointments for abortion services three weeks out. Additional appointments become available if another physician is added to the schedule.
It’s something Webber experienced first-hand.
ALSO READ: First public poll on Kansas Amendment 2 shows narrow lead for ‘Yes’ voting
“Just the stress of having to call over and over. And they checked availability here Wichita and Oklahoma City and they couldn’t find anything a week out,” said Webber.
Webber describes numerous phone calls and checking online as new appointments became available but were quickly filled.
“The appointments were filling up super quickly anytime they released new dates,” Webber said.
Some women have taken to Facebook- others quietly discuss the wait with their support systems. The option for medication abortion decreases as wait times increase. Something both sides in the abortion debate are trying to avoid.
The New York Times recently reported the same information regarding New Mexico and other states which are surrounded by states with abortion restrictions.
The NYT reported the average wait across the nation before Roe was overturned was five days. The wait time has slightly increased. But in clinics that border states with bans, wait times are sharply increasing.
Webber says her decision to have an abortion wasn’t a decision she took lightly, saying no one wants an abortion.
ALSO READ: Following the money: Millions spent on Kansas abortion amendment from across the country
“I’m not grateful that I made the choice but I’m grateful the choice was there,” Webber said.
Webber questions what’s ahead for women as Kansas voters head to the polls on August 2 to vote on the Value them Both Amendment:
“Explanatory statement. The Value Them Both Amendment would reserve to the people of Kansas, through their elected state legislators, the right to pass laws to regulate abortion because there is no Kansas constitutional right to abortion or to require the government funding of abortion.
“A vote for the Value Them Both Amendment would reserve to the people of Kansas, through their elected state legislators, the right to pass laws to regulate abortion because there is no Kansas constitutional right to abortion or to require the government funding of abortion.
“A vote against the Value Them Both Amendment would make no changes to the constitution of the state of Kansas and could prevent the people, through their elected state legislators, from regulating abortion in many circumstances. It would leave in place the newly discovered right to abortion first recognized in 2019.”
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/07/27/women-choosing-abortions-kansas-face-longer-wait-times/ | 2022-07-28T12:33:27Z |
- Platform to provide digital manufacturing solutions for Stanley Black & Decker operations
- Jane Arnold, Vice President of Manufacturing Technology at Stanley Black & Decker, to join Tulip's Board of Directors
BOSTON, May 20, 2022 /PRNewswire/ -- Tulip Interfaces ("Tulip") announced today that Stanley Black & Decker (NYSE: SWK) has selected Tulip's Frontline Operations Platform to provide digital manufacturing solutions to all their factories around the world.
"Our partnership with Tulip helps drive long-term value creation," said Jane Arnold, Vice President of Manufacturing Technology at Stanley Black & Decker. "Deploying Tulip globally epitomizes our relentless commitment to best-in-class advanced manufacturing solutions and operations agility."
Stanley Black & Decker has been a Tulip customer since 2018 and has seen significant growth and value in its investment and expansion of its use of the platform across multiple sites. In support of the partnership, Stanley Ventures, Stanley Black & Decker's venture wing, joined Tulip's $100M Series C while STANLEY X, the company's innovation arm, will work with the teams to seek additional growth opportunities. In addition, Jane Arnold will join Tulip's Board of Directors as an observer.
On the collaboration, Natan Linder, Chief Executive Officer and co-founder of Tulip said, "This is a mutual investment in a long-term partnership between our two companies. The Stanley Black & Decker team is deeply committed to supporting their people. They are leaders in operational innovation, and I'm looking forward to seeing how they leverage Tulip to drive manufacturing excellence."
For Stanley Black & Decker, Tulip's platform aligns with their vision for the future of operational technology–a cloud-native platform with no code capabilities that enables the manufacturing workforce.
For more information on Tulip, visit: www.tulip.co. To learn more about Stanley Black & Decker, please visit: www.stanleyblackanddecker.com.
About Tulip Interfaces
Tulip, the leader in frontline operations, is helping companies of all sizes, across industries including pharmaceuticals, consumer packaged goods, industrial equipment, contract manufacturing, medical devices and others equip their frontline workforce – leading to improved productivity, higher quality, and increased efficiency. A spinoff out of MIT, the company is headquartered in Somerville, MA, with offices in Germany, and Hungary. It has been recognized as an MES Challenger on the 2021 Gartner Magic Quadrant for Manufacturing Execution Systems and is a World Economic Forum Global Innovator.
About Stanley Black & Decker
Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world's largest tool company operating nearly 50 manufacturing facilities across America and more than 100 worldwide. Guided by its purpose – for those who make the world – the company's more than 60,000 diverse and high-performing employees produce innovative, award-winning power tools, hand tools, storage, digital tool solutions, lifestyle products, outdoor products, engineered fasteners and other industrial equipment to support the world's makers, creators, tradespeople and builders. The company's iconic brands include DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, HUSTLER® and TROY-BILT®. Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders. To learn more visit: www.stanleyblackanddecker.com.
Media Contacts
Elise Jones
Head of Content, Creative & Experiences
elise.jones@tulip.co
Stanley Black & Decker Media Contact:
Brooke Withers
Public Relations Manager
Brooke.Withers@sbdinc.com
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SOURCE Tulip Interfaces | https://www.kxii.com/prnewswire/2022/05/20/tulip-partners-with-stanley-black-amp-decker-global-operations-platform/ | 2022-05-20T20:38:01Z |
GUANGZHOU, China, May 20, 2022 /PRNewswire/ -- Onion Global Limited ("Onion Global", the "Group" or the "Company") (NYSE: OG), a next-generation lifestyle brand platform that incubates, markets, and distributes the world's fresh, fashionable, and future brands to young people in China and across Asia, today announced that it received a letter from the NYSE Regulation staff (the "NYSE"), dated May 18, 2022 (the "Delinquency Letter"), notifying the Company that the Company is not in compliance with the NYSE's continued listing requirements under the timely filing criteria pursuant to Section 802.01E of the NYSE Listed Company Manual as a result of the Company's failure to timely file the Form 20-F for the fiscal year ended December 31, 2021 (the "2021 Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC").
The Company previously filed a Form 12b-25 with the SEC on April 29, 2022 for late filing of the 2021 Form 20-F, pursuant to which the 2021 Form 20-F was due to be filed by May 17, 2022. The Company expects to file the 2021 Form 20-F once the partial lockdowns across many cities in China are lifted so that certain audit procedures could be completed. The Company is currently unable to provide an anticipated filing date, given it is unable to estimate when the partial lockdowns and other COVID-related restrictions in mainland China will be lifted or eased.
As required by the Delinquency Letter, the Company will contact the NYSE to discuss the status of its 2021 Form 20-F within five business days of receipt of the Delinquency Letter.
The NYSE notified the Company that the NYSE will closely monitor the status of the Company's late filing and related public disclosures for up to a six-month period from the due date of the 2021 Form 20-F. If the Company fails to file its 2021 Form 20-F and any subsequent delayed filings within six months from the filing due date, the NYSE may, in its sole discretion, allow the Company's securities to trade for up to an additional six months depending on specific circumstances, as outlined in Section 802.01E of the NYSE Listed Company Manual. It is expected by the NYSE that the Company will submit an official request for the NYSE's consideration at the appropriate time. If the NYSE determines that an additional six-month trading period is not appropriate, suspension and delisting procedures will commence pursuant to Section 804.00 of the NYSE Listed Company Manual. If the NYSE determines that an additional trading period of up to six months is appropriate and the Company fails to file its 2021 Form 20-F and any subsequent delayed filings by the end of that period, suspension and delisting procedures will generally commence. Regardless of the procedures described above, the NYSE may commence delisting proceedings at any time during the period that is available to the Company to file the 2021 Form 20-F, if circumstances warrant.
To provide transparent information about an issuer's filing status, the NYSE maintains a list of late filers on www.nyse.com and identifies late filers with an "LF" indicator. This indicator, or another indicator or letter, may be appended to the Company's ticker symbol, "OG," signifying its status as a late filer. The Company expects to be posted to the late filers list on the Listing Standards Filing Status Page on www.nyse.com on May 24, 2022 and that an "LF" indicator will be appended to the Profile, Data and News pages of the Company's American depositary shares listed on the NYSE.
The Deficiency Letter has no immediate impact on the listing of the Company's ordinary shares represented by American depositary shares on the NYSE.
About Onion Global
Onion Global Limited (NYSE: OG) is a next-generation lifestyle brand platform that incubates, markets and distributes the world's fresh, fashionable and future brands, which we refer to as "3F brands," to young people in China and across Asia. The Company's mission is to be the dream factory of lifestyle brands for young people. The Company's platform offers an integrated solution to develop, market and distribute new and inspiring branded products, thereby reshaping the lifestyle shopping and consumer culture in China. Onion Global Limited has been listed on New York Stock Exchange since May 2021.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the completion of the private placement, the satisfaction of customary closing conditions related to the private placement, the intended use of net proceeds from the private placement, as well as the Company's beliefs and expectations, the Company's forecasts, general observation of the industry and business outlook, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including market and other conditions. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "expects," "anticipates," "target," "aim," "future," "intends," "plans," "believes," "potential," "estimates" "continue," "is/are likely to," or other similar statements. Further information regarding these and other risks is included in Onion Global's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Onion Global does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Relations Contact
In China:
Onion Global Ltd.
Investor Relations
E-mail: ir@msyc.cc
Christensen
Mr. Eric Yuan
E-mail: eyuan@christensenir.com
Tel: +86-10-5900-1548
In United States:
Christensen
Ms. Linda Bergkamp
E-mail: lbergkamp@christensenir.com
Tel: +1-480-614-3004
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SOURCE Onion Global Limited | https://www.kxii.com/prnewswire/2022/05/20/onion-global-receives-nyse-notice-related-late-filing-its-2021-annual-report/ | 2022-05-20T11:30:01Z |
NEW YORK, June 27, 2022 /PRNewswire/ -- Attention Waste Management, Inc. ("Waste Management") (NYSE: WM) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all purchasers of certain Waste Management redeemable senior notes between February 13, 2020 and June 23, 2020.
If you suffered a loss on your investment in Waste Management, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Waste Management includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million indicated in the merger agreement between the Company and Advanced Disposal Services; (ii) as a result, the merger would not be completed by July 14, 2020, the end date under the merger agreement; and (iii) the Waste Management redeemable senior notes would be subject to mandatory redemption at 101% of par.
DEADLINE: August 8, 2022
Aggrieved Waste Management investors only have until August 8, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/06/27/class-action-alert-law-offices-vincent-wong-remind-waste-management-investors-lead-plaintiff-deadline-august-8-2022/ | 2022-06-27T21:35:17Z |
SEATTLE, Aug. 11, 2022 /PRNewswire/ -- This summer, Bob Fletcher, a retired educator and avid adventure cyclist from Edmonton, Alberta, Canada, will be ringing in his 80th birthday and 25th year of retirement with the journey of a lifetime. On July 4th, Bob embarked on an "Octogenarian Odyssey" riding an EVELO electric bicycle approximately 8,300 miles over 155 days with the goal of breaking the existing Guinness World Record for the longest journey made by a motorized bicycle.
From villages nestled in the wilderness to globally renowned beachside resort towns, Bob's journey will see him pass through an array of diverse locales including Whitehorse (Canada), Malibu (USA), Puerto Vallarta (Mexico) and Granada (Nicaragua).
"Life doesn't have to stop just because you're retired. Through my Octogenarian Odyssey, I want to show people of all ages how important it is to stay active, keep traveling, and live anywhere the world takes you."
- Bob Fletcher
Bob began his ride just south of the Arctic Circle in Fairbanks, Alaska, and traveled through the Yukon and British Columbia. Now, he prepares to enter the United States, traveling down the Pacific Coast Highway through Washington, Oregon and California before heading on to Mexico, Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica finally arriving in his destination of Panama City, Panama.
Throughout his journey, Bob will be accompanied by long-standing friend and fellow Edmontonian, Wayne Grover, an accomplished cyclist who has previously completed rides from Anchorage, Alaska to Mexico City, Mexico and Paris, France to Istanbul, Turkey. Together, they will be supported by a truly international team with members hailing from Canada, Costa Rica, Denmark, Greece and the US. To ensure a safe and reliable experience, Bob and Wayne will complete their journey riding industry-leading bicycles manufactured to the highest quality standards from Evelo Electric Bicycles.
Bob and Wayne will never have to worry about hills with the EVELO Atlas, an easy to ride and practically maintenance-free electric bike. With a fully integrated battery, as well as the optional secondary battery, Enviolo CVT gearing, Gates CDX Belt Drive, and Bafang M600 motor, the EVELO Atlas is the perfect choice for this record breaking bike ride.
For more on Bob's Octogenarian Odyssey, you can visit ebikeodyssey.com.
EVELO Electric Bicycles was founded with a simple mission of getting more people on bicycles more often: creating stylish, powerful and efficient electric bicycles for commuting and recreation for more than 10 years. Focusing on providing the best product with the best customer service, EVELO's eBikes are designed in the United States and sold directly to customers online. For more, visit www.evelo.com or email contact@evelo.com
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SOURCE EVELO Electric Bicycles | https://www.wibw.com/prnewswire/2022/08/11/ebike-odyssey-one-retirees-octogenarian-journey-across-americas-an-evelo-ebike/ | 2022-08-11T18:25:10Z |
NEW YORK, June 3, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Riskified Ltd. (NYSE: RSKD).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/riskified-ltd-loss-submission-form/?id=28019&from=4
This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 1, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Riskified Ltd. issued materially false and/or misleading statements and/or failed to disclose that: (i) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/06/03/rskd-shareholder-alert-jakubowitz-law-reminds-riskified-ltd-shareholders-lead-plaintiff-deadline-july-1-2022/ | 2022-06-03T10:05:53Z |
BOGOTÁ, Colombia, July 28, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Wednesday, August 3, 2022, after market close, it will release its financial and operating results for the second quarter of 2022.
On Thursday, August 4, 2022, Ecopetrol's senior management will host two conference calls to review the results, one in Spanish and the other in English. Please find below the timing, dial-in, and links to access the conferences:
To access the webcast, the following links will be available:
To ask a question, participants will need to access the conference through the following telephone lines:
Participants from different countries may search for different international numbers to the ones mentioned above by consulting the following link:
The earnings release, slide presentation, live webcast and recording of the conference call will be available on Ecopetrol's website: www.ecopetrol.com.co.
Please verify in advance the proper operation of the webcast in your browser. We recommend the use of the latest versions of Internet Explorer, Google Chrome, and Mozilla Firefox.
Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This press release contains business prospect statements, operating and financial result estimates, and statements related to Ecopetrol's growth prospects. These are all projections and, as such, they are based solely on the expectations of the managers regarding the future of the company and their continued access to capital to finance the company's business plan. The realization of said estimates in the future depends on the behavior of market conditions, regulations, competition, and the performance of the Colombian economy and the industry, among other factors, and are consequently subject to change without prior notice.
This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements.
For more information, please contact:
Head of Capital Markets
Tatiana Uribe Benninghoff
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Mauricio Téllez
Email: mauricio.tellez@ecopetrol.com.co
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SOURCE Ecopetrol S.A. | https://www.wibw.com/prnewswire/2022/07/28/ecopetrol-announces-publication-date-its-second-quarter-earnings-report-conference-calls/ | 2022-07-28T11:30:04Z |
Reports: Villanova’s Jay Wright to retire after 21 seasons
VILLANOVA, Pa. (WIBW) - Villanova head men’s basketball coach Jay Wright is set to retire, per multiple reports.
In his 21 seasons leading the Wildcats, the Hall of Fame coach won two national championships (2016, 2018), eight Big East regular season titles, five Big East conference tournament championships, and made four trips to the Final Four, including this season.
The eventual national champions, the Kansas Jayhawks, took down Villanova 81-65 before going on to beat North Carolina in the title game.
Wright finished his career at Villanova with a 520-197 record. He was named Naismith Coach of the Year in 2006 and 2016 and was inducted into the Basketball Hall of Fame last year.
The Athletic reports Fordham head coach Kyle Neptune will fill in the role vacated by Wright.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/21/reports-villanovas-jay-wright-retire-after-21-seasons/ | 2022-04-21T00:22:06Z |
(All dollar amounts are United States dollars unless otherwise stated)
VANCOUVER, BC, Aug. 11, 2022 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) reports second quarter ("Q2") operating and financial results for the Company and the Asanko Gold Mine ("AGM"), located in Ghana, West Africa. The AGM is a 50:50 joint venture ("JV") with Gold Fields Ltd (JSE, NYSE: GFI) which is managed and operated by Galiano. All financial information contained in this release is unaudited and reported in US$.
Asanko Gold Mine Key Metrics (100% basis):
- Production and revised guidance: Gold production of 50,010 ounces during the quarter. Year-to-date production of 92,353 ounces. Full year gold production guidance has been revised from 100,000 to 120,000 ounces to 140,000 to 160,000 ounces.
- Milling performance: Achieved milling throughput of 1.4Mt of ore at a grade of 1.3g/t and metallurgical recovery averaging 84% during the quarter, a significant improvement in recoveries quarter on quarter.
- Cost performance and cash flow: Total cash costs per ounce1 of $1,218 and all-in sustaining costs1 ("AISC") of $1,431/oz during the quarter, resulting in positive cash flows from operations of $34.3 million and free cash flow1 of $25.3 million.
- Financial performance: Reported gold revenue of $84.7 million generated from 46,236 gold ounces sold at an average realized price of $1,832/oz. Reported net income after tax of $15.8 million during the quarter and Adjusted EBITDA1 of $21.1 million.
- Focus on exploration: Deep directional drilling continued at the Nkran deposit aimed at defining the continuity and extension of mineralization below the limits of observed Mineral Resources. The results of this program will be used to evaluate the underground potential of Nkran. Resource definition drilling continued at Nkran Cut 3 and Miradani to support an updated Mineral Resource model, while exploration drilling also continued at Greater Midras South.
- Culture of Safety: Strong safety performance with no lost-time injuries ("LTI") and 1 total recordable injury ("TRI") recorded during the quarter, resulting in 12-month rolling LTI and TRI frequency rates of 0.11 and 0.33 per million employee hours worked, respectively. At June 30, 2022, the AGM had achieved 8.2 million employee hours worked without an LTI.
- Improving liquidity: $70.3 million in cash, $8.2 million in gold on hand, $1.4 million in gold sales receivables and no debt as of June 30, 2022.
- Workforce optimization: Continued the process of rationalizing the AGM's workforce. Management expects to realize near-term and sustainable cost savings and a more streamlined and efficient operation over the remaining life of mine as a result of the rationalization.
Galiano Gold Highlights:
- Stable balance sheet: Cash and cash equivalents of $53.0 million and $5.2 million in receivables as at June 30, 2022, while remaining debt-free.
- Earnings: Reported net income of $12.6 million or $0.06 per common share during the quarter.
- Board changes: Marcel De Groot and Shawn Wallace did not stand for re-election at the Company's Annual General Meeting, and Greg Martin, former CFO of SSR Mining Inc., was elected to the Board of Directors effective June 2, 2022.
"We are pleased with the strong gold production for the quarter which, in combination with higher all-in sustaining margins1, served to significantly improve the cash balance at the AGM. Higher production for the quarter was driven by improved metallurgical recoveries, the Akwasiso pit delivering more tonnes and higher grade than planned and stockpile material performing better than expected," said Matt Badylak, President and Chief Executive Officer. "As a result of robust year to date production and improved confidence in metallurgical recoveries, we are revising 2022 gold production guidance for the AGM to 140,000 to 160,000 ounces. We continue to advance the metallurgical test work at Esaase with third party results scheduled for delivery by late Q3 2022, and anticipate providing an update to the AGM's Mineral Resources and Reserves with a new life of mine plan scheduled for Q1 2023."
Asanko Gold Mine - Summary of Q2 2022 Operational and Financial Results (100% basis)
- The AGM produced 50,010 ounces of gold during the quarter, as the processing plant achieved milling throughput of 1.4Mt of ore processed at a grade of 1.3g/t with metallurgical recovery averaging 84%. During Q2 2022, significant work took place to optimize the AGM's plant performance. This included revising the mill feed blend regime, increasing the mass pull in the gravity circuit and adjusting operating parameters and reagent additions in the carbon-in-leach circuit, which assisted in the higher recoveries achieved during the period.
- Sold 46,236 ounces of gold in Q2 2022 at an average realized gold price of $1,832/oz for total revenue of $84.9 million (including $0.2 million of by-product silver revenue), a decrease of $10.3 million from Q2 2021. The decrease in revenue quarter-on-quarter was a function of a 13% reduction in sales volumes, partly offset by a 3% increase in realized gold prices relative to Q2 2021.
- Total cost of sales (including depreciation and depletion and royalties) amounted to $68.6 million in Q2 2022, a decrease of $8.5 million from Q2 2021. The decrease in cost of sales was primarily due to 13% fewer gold ounces sold and a $2.8 million positive net realizable value ("NRV") adjustment on stockpile inventory in Q2 2022.
- Total cash costs per ounce1 were $1,218 in Q2 2022 compared to $1,236 in Q2 2021. Although gold sales volumes decreased by 13% in Q2 2022, total cash costs per ounce1 were largely unchanged from Q2 2021 as a result of lower mining costs resulting from the winding down of operations at Esaase and a positive $2.8 million NRV adjustment on stockpile inventory as mentioned above. These factors were partly offset by general inflationary pressures on fuel and consumables. Total cash costs per ounce for Q2 2022 includes approximately $391/oz of historical costs associated with stockpiled ore.
- Income from mine operations for Q2 2022 totaled $16.2 million compared to income from mine operations of $18.1 million in Q2 2021. The reduction in income from mine operations was due to a $10.3 million decrease in revenue, partly offset by an $8.5 million decrease in cost of sales (as described above).
- The AGM generated $34.3 million of cash flows from operating activities during Q2 2022 compared to $10.8 million of cash flows from operating activities during Q2 2021. The increase in cash flows from operations was primarily due to improved AISC margins1, a $17.5 million decrease in working capital requirements and lower labour costs resulting from the restructuring of the AGM's workforce.
Galiano Gold Inc. – Summary Q2 2022 Financial Results
- The Company reported net income after tax of $12.6 million in Q2 2022 compared to net income after tax of $5.0 million in Q2 2021. The increase in earnings during Q2 2022 was due to a $13.2 million positive fair value adjustment on the Company's preferred share investment in the JV and a $1.8 million reduction in corporate general and administrative ("G&A") expenses resulting from a lower headcount. These factors were partly offset by a $5.7 million reduction in the Company's share of the JV's net earnings from Q2 2021.
- Cash generated by operating activities in Q2 2022 was $2.6 million, compared to cash used in operating activities of $3.1 million in Q2 2021. The increase in cash generated from operations during Q2 2022 was primarily due to a $4.8 million collection of the Company's JV service fee receivable and lower G&A costs as mentioned above.
- As at June 30, 2022, the Company held cash and cash equivalents of $53.0 million and $5.2 million in receivables for a gross liquidity position of $58.2 million and no debt.
1 Non-IFRS Performance Measures
The Company has included certain non-IFRS performance measures in this press release. These non-IFRS performance measures do not have any standardized meaning and therefore may not be comparable to similar measures presented by other issuers. Accordingly, these performance measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Refer to the Non-IFRS Measures section of Galiano's Management's Discussion and Analysis for an explanation of these measures and reconciliations to the Company's and the JV's reported financial results in accordance with IFRS.
- Total Cash Costs per ounce
Management of the Company uses total cash costs per gold ounce sold to monitor the operating performance of the JV. Total cash costs include the cost of production, adjusted for share-based compensation expense, by-product revenue per ounce of gold sold and production royalties of 5%. Excluded from total cash costs are one-time severance charges and net realizable value adjustments on stockpile inventory resulting from lower expected gold recovery recorded in Q4 2021 as the magnitude of such adjustments were not indicative of costs in that period. - All-in Sustaining Costs Per Gold Ounce
The Company has adopted the reporting of "all-in sustaining costs per gold ounce" ("AISC") as per the World Gold Council's guidance. AISC include total cash costs, corporate overhead expenses, sustaining capital expenditure, capitalized stripping costs, reclamation cost accretion and lease payments made to and interest expense on the AGM's mining and service contractors per ounce of gold sold. - Adjusted EBITDA
EBITDA provides an indication of the Company's continuing capacity to generate income from operations before taking into account the Company's financing decisions and costs of amortizing capital assets. Accordingly, EBITDA comprises net income (loss) excluding interest expense, interest income, amortization and depletion, and income taxes. Adjusted EBITDA adjusts EBITDA to exclude non-recurring items and to include the Company's interest in the adjusted EBITDA of the JV. Other companies and JV partners may calculate EBITDA and Adjusted EBITDA differently. - Free cash flow
The Company believes that in addition to conventional measures prepared in accordance with IFRS, the Company and certain investors and analysts use free cash flow to evaluate the JV's performance with respect to its operating cash flow capacity to meet non-discretionary outflows of cash. The presentation of free cash flow is not meant to be a substitute for the cash flow information presented in accordance with IFRS, but rather should be evaluated in conjunction with such IFRS measures. Free cash flow is calculated as cash flows from operating activities of the JV adjusted for cash flows associated with sustaining and non-sustaining capital expenditures and payments made to mining contractors for leases capitalized under IFRS 16. - Adjusted net (loss) income
The Company has included the non-IFRS performance measures of adjusted net (loss) income and adjusted net (loss) income per common share. Neither adjusted net (loss) income nor adjusted net (loss) income per share have any standardized meaning and are therefore unlikely to be comparable to other measures presented by other issuers. Adjusted net (loss) income excludes certain non-cash items from net income or net loss to provide a measure which helps the Company and investors to evaluate the results of the underlying core operations of the Company and its ability to generate cash flows and is an important indicator of the strength of our operations and the performance of our core business.
About Galiano Gold Inc.
Galiano's vision is to build a sustainable business capable of long-term value creation for its stakeholders through a combination of exploration, accretive M&A activities and the disciplined deployment of its financial resources. The Company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa which is jointly owned with Gold Fields Ltd. The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities. For more information, please visit www.galianogold.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements and information contained in this news release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which we refer to collectively as "forward-looking statements". Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future conditions and courses of action. All statements and information other than statements of historical fact may be forward looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook.
Forward-looking statements in this news release include, but are not limited to: the operating plans for the AGM under the JV between the Company and Gold Fields; planned drilling programs and use of the results; the expected positive impact of the workforce restructuring; plans to transition from mining to processing stockpiles (and the benefits that may arise therefrom); advancement of the metallurgical test work at Esaase and timing of scheduled results; and timing of update to Mineral Resources and Reserves and life of mine plan. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited to: the Company and Gold Fields will agree on the manner in which the JV will operate the AGM, including agreement on development plans and capital expenditures; the price of gold will not decline significantly or for a protracted period of time; the accuracy of the estimates and assumptions underlying Mineral Resources estimates; the ability of the AGM to continue to operate, produce and ship doré from the AGM site to be refined during the COVID-19 pandemic or any other infectious disease outbreak; the Company's ability to raise sufficient funds from future equity financings to support its operations, and general business and economic conditions; the global financial markets and general economic conditions will be stable and prosperous in the future; the ability of the JV and the Company to comply with applicable governmental regulations and standards; the mining laws, tax laws and other laws in Ghana applicable to the AGM and the JV will not change, and there will be no imposition of additional exchange controls in Ghana; the success of the JV and the Company in implementing its development strategies and achieving its business objectives; the JV will have sufficient working capital necessary to sustain its operations on an ongoing basis and the Company will continue to have sufficient working capital to fund its operations and contributions to the JV; and the key personnel of the Company and the JV will continue their employment.
The foregoing list of assumptions cannot be considered exhaustive.
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those anticipated in such forward-looking statements. The Company believes the expectations reflected in such forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and you are cautioned not to place undue reliance on forward-looking statements contained herein. Some of the risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements contained in this news release, include, but are not limited to: the mineral resource estimates may change and may prove to be inaccurate; mineral reserves may not be reinstated; metallurgical recoveries may not be economically viable; risks associated with the Company ceasing its mining operations during 2022; actual production, costs, returns and other economic and financial performance may vary from the Company's estimates in response to a variety of factors, many of which are not within the Company's control; AGM has a limited operating history and is subject to risks associated with establishing new mining operations; sustained increases in costs, or decreases in the availability, of commodities consumed or otherwise used by the Company may adversely affect the Company; adverse geotechnical and geological conditions (including geotechnical failures) may result in operating delays and lower throughput or recovery, closures or damage to mine infrastructure; the ability of the Company to treat the number of tonnes planned, recover valuable materials, remove deleterious materials and process ore, concentrate and tailings as planned is dependent on a number of factors and assumptions which may not be present or occur as expected; the Company's operations may encounter delays in or losses of production due to equipment delays or the availability of equipment; outbreaks of COVID-19 and other infectious diseases may have a negative impact on global financial conditions, demand for commodities and supply chains and could adversely affect the Company's business, financial condition and results of operations and the market price of the common shares of the Company; the Company's operations are subject to continuously evolving legislation, compliance with which may be difficult, uneconomic or require significant expenditures; the Company may be unsuccessful in attracting and retaining key personnel; labour disruptions could adversely affect the Company's operations; the Company's business is subject to risks associated with operating in a foreign country; risks related to the Company's use of contractors; the hazards and risks normally encountered in the exploration, development and production of gold; the Company's operations are subject to environmental hazards and compliance with applicable environmental laws and regulations; the effects of climate change or extreme weather events may cause prolonged disruption to the delivery of essential commodities which could negatively affect production efficiency; the Company's operations and workforce are exposed to health and safety risks; unexpected costs and delays related to, or the failure of the Company to obtain, necessary permits could impede the Company's operations; the Company's title to exploration, development and mining interests can be uncertain and may be contested; geotechnical risks associated with the design and operation of a mine and related civil structures; the Company's properties may be subject to claims by various community stakeholders; risks related to limited access to infrastructure and water; the Company's exploration programs may not successfully reinstate mineral reserves; risks associated with establishing new mining operations; the Company's common shares may experience price and trading volume volatility; the Company has never paid dividends; the Company's revenues are dependent on the market prices for gold, which have experienced significant recent fluctuations; the Company may not be able to secure additional financing when needed or on acceptable terms; Company shareholders may be subject to future dilution; risks related to the control of AGM cashflows and operation through a joint venture; risks related to changes in interest rates and foreign currency exchange rates; risks relating to credit rating downgrades; changes to taxation laws applicable to the Company may affect the Company's profitability and ability to repatriate funds; ability to repatriate funds; risks related to the Company's internal controls over financial reporting and compliance with applicable accounting regulations and securities laws; non-compliance with public disclosure obligations could have an adverse effect on the Company's stock price; the carrying value of the Company's assets may change and these assets may be subject to impairment charges; risks associated with changes in reporting standards; the Company's primary asset is held through a joint venture, which exposes the Company to risks inherent to joint ventures, including disagreements with joint venture partners and similar risks; the Company may be liable for uninsured or partially insured losses; the Company may be subject to litigation; damage to the Company's reputation could result in decreased investor confidence and increased challenges in developing and maintaining community relations which may have adverse effects on the business, results of operations and financial conditions of the joint venture and the Company and the Company's share price; the Company may be unsuccessful in identifying targets for acquisition or completing suitable corporate transactions, and any such transactions may not be beneficial to the Company or its shareholders; the Company must compete with other mining companies and individuals for mining interests; risks related to information systems security threats; the Company's growth, future profitability and ability to obtain financing may be impacted by global financial conditions; and the risk factors described under the heading "Risk Factors" in the Company's Annual Information Form.
Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking statements, you are cautioned that this list is not exhaustive and there may be other factors that the Company has not identified. Furthermore, the Company undertakes no obligation to update or revise any forward-looking statements included in, or incorporated by reference in, this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Galiano Gold Inc. | https://www.kxii.com/prnewswire/2022/08/11/galiano-gold-reports-q2-2022-financial-operating-results/ | 2022-08-12T00:22:57Z |
FTC: Walmart allowed scammers to use money transfer services
NEW YORK (AP) — The Federal Trade Commission said Tuesday that it has sued Walmart for allegedly allowing its money transfer services to be used by scam artists who stole “hundreds of millions of dollars” from customers.
In its lawsuit, the agency alleged that for years, Walmart failed to properly secure the money transfer services offered at its stores. The agency said Walmart didn’t properly train its employees, failed to alert customers, and used procedures that allowed fraudsters to cash out at its stores. The FTC is asking the court to order Walmart to return money to consumers and to impose civil penalties on the company.
“While scammers used its money transfer services to make off with cash, Walmart looked the other way and pocketed millions in fees,” Samuel Levine, director of the FTC’s Bureau of Consumer Protection, said in a statement announcing the action.
Walmart called the lawsuit “factually flawed and legally baseless.” It said that the chair of the FTC refused Walmart the due process of hearing directly from the company, and said the Justice Department had refused to take the case to court.
Walmart, based in Bentonville, Arkansas, said that the agency is seeking to blame the company for fraud that the agency already attributed to another company, at a time that company was under the federal government’s direct supervision.
“Walmart will defend the company’s robust anti-fraud efforts that have helped protect countless consumers, all while Walmart has driven down prices and saved consumers an estimated $6 billion in money transfer fees,” it said.
In addition to its retail business, Walmart offers financial services to consumers in its stores, including money transfers, credit cards, reloadable debit cards and bill payments.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/28/ftc-walmart-allowed-scammers-use-money-transfer-services/ | 2022-06-29T00:05:41Z |
‘We all realize that we will not be forgiven.’ Ukraine braces for new assault after sinking of Russian flagship
By Ivana Kottasová, CNN
The war in Ukraine could soon enter a new, even more dangerous phase.
Russia, angry over the loss of its Black Sea Fleet flagship, has warned of “unpredictable consequences” if the US continues supplying weapons to Ukraine, while Ukraine’s President Volodymyr Zelensky struck a somber note telling CNN the world should be prepared for the possibility that Russian President Vladimir Putin could use tactical nuclear weapons.
The sinking of the guided-missile cruiser Moskva on Thursday is the biggest wartime loss of a naval ship in 40 years — and a huge embarrassment for Russia.
It comes at a time when US intelligence officials are warning about Putin’s increasingly unpredictable behavior and willingness to take risks due to his anger over Russia’s failures in Ukraine.
While Moscow has denied the Ukrainian version of events — that the Moskva sunk after being struck by Ukrainian missiles — it was nevertheless forced to admit the ship went down.
Russia has insisted the reason for the sinking was a fire, but the US on Friday confirmed Ukraine’s account, with a senior defense official saying that the US believes that two Ukrainian Neptune missiles hit the Russian warship.
As the flagship of Russia’s Black Sea fleet, the Moskva was one of its most visible assets in the Ukraine war and its loss could impact the morale of Russian troops. Tellingly, the Russian government has not acknowledged casualties in the sinking of the ship, a marked contrast to the very public discussion about the Kursk submarine disaster, which claimed the lives of 118 sailors in 2000.
Russia may have extinguished independent media, but the loss of the Moskva has likely made Putin even more furious about the situation in Ukraine. US officials believe Putin is angry over the failures of his troops in Ukraine. They believe Putin’s advisers have not been telling him the full truth and did not prepare him for potential setbacks.
The warship fiasco comes just weeks after top Russian military officials announced a shift in the focus of the invasion after their offensive appeared to have stalled around major Ukrainian cities such as Kyiv and Kharkiv. Russia has also failed to achieve complete air superiority in Ukraine and has suffered heavy losses of personnel since the start of the invasion.
Russia was quick to strike back.
Ukraine’s Operational Command South said in a statement early Saturday that the situation in Ukraine’s southern Mykolaiv and Kherson regions was “increasingly hostile.”
“Desperately trying to gain a foothold and hold on to the positions of the southern front, the world’s most shameful army is pursuing civilians in Mykolayiv and Kherson regions. The work of snipers has been recorded in some areas.”
The statement said Russian forces were “enraged by the losses in the Black Sea” and had “intensified the missile threat” in the region.
Natalia Humeniuk, the spokeswoman for the armed forces in southern Ukraine, said that the missile attacks since Thursday night were in retaliation for the Moskva sinking.
“We all realize that we will not be forgiven,” she said, accusing Russia of using “cluster munitions prohibited by international conventions.”
The UN Human Rights Monitoring Mission in Ukraine has previously said it had received credible allegations that Russian armed forces have used cluster munitions in populated areas in Ukraine. The nongovernmental organization Human Rights Watch (HRW) has also confirmed Russia’s use of cluster munitions throughout the conflict.
Zelensky has on Friday praised the Ukrainian armed forces for repelling Russian attacks, saying they were “doing it brilliantly.”
Zelensky has also praised the help Ukraine was getting from western countries, but has asked for more weapons to be shipped to the country. “The more and the sooner we get all the weapons we have requested, the stronger our position will be and the sooner peace will come,” he said.
More weapons for Ukraine
In another sign that the war in Ukraine is not going the way Russia has planned, Moscow has formally protested America’s ongoing shipment of weapons to Ukraine. It sent a diplomatic note to the State Department warning of “unpredictable consequences” should the support continue, according to two US officials and another source familiar with the document.
Some Biden administration officials believe that the diplomatic note shows the Russians are hurting, one official said. The official explained that they believe the Russians would not have sent that message if they felt they were in a strong place on the battlefield.
The note, known as a demarche, was sent earlier this week as the US administration was preparing to announce that it would be sending a new military aid package worth $800 million to the Ukrainians. The EU has also approved an additional 500 million euros for military equipment for Ukraine.
For the first time since Russia’s invasion of Ukraine, the US is providing Kyiv with high-power capabilities that some Biden administration officials viewed as too much of an escalation risk a few short weeks ago.
These include Mi-17 helicopters, 18 155 mm Howitzers and 300 more Switchblade drones. These types of weapons are designed for the type of fighting that’s likely to take place in the Donbas region — open terrain rather than urban and wooded areas.
The US is shipping 40,000 artillery rounds, but that amount could be expended within several days if fighting in the east grows heavier. During some of the heavy earlier fighting, Ukrainian forces fired up to thousands of artillery rounds in a given day, a US official said Saturday.
There are growing concern about the need to get more ammunition, in particular artillery ammunition, to Ukrainian forces more rapidly, a US official says.
The Ukrainian military and regional officials have said Russian attacks have intensified in Kharkiv, Luhansk and Donetsk regions in the east of the country as they prepare for a major ground offensive there.
Going forward, US officials believe the likely Russia strategy is to move weapons and troops into eastern Ukraine from their current positions just north and then encircle and cut off Ukraine forces that are there, the official said.
Defense Secretary Lloyd Austin and General Mark Milley are conducting daily phone calls with counterparts in the region to encourage them to ship more weapons and supplies to Ukraine as soon as possible.
Serhii Haidai, head of the Luhansk region military administration, has warned civilians who remain in Luhansk to leave the area. “It is extremely dangerous to stay in the cities now. The shelling intensified,” he said.
The Ukrainian armed forces General Staff said that “the main focus of the Russian enemy is on the regrouping and strengthening of troops” around Slobozhansky, an area that is a short distance south of Kharkiv.
In the same area, according to the General Staff, Russian forces have concentrated up to 22 battalion tactical groups around Izium. A battalion tactical group normally comprises about 1,000 troops.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Julia Presniakova, Tim Lister, Olga Voitovych, Nathan Hodge, Celine Alkhaldi, Ben Wedeman, Kareem Khadder, Barbara Starr, Natasha Bertrand, Zachary Cohen, Katie Bo Lillis, Kaitlan Collins, Kylie Atwood and Sean Lyngaas contributed reporting. | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2022/04/16/we-all-realize-that-we-will-not-be-forgiven-ukraine-braces-for-new-assault-after-sinking-of-russian-flagship/ | 2022-04-16T16:01:38Z |
PURCHASE, N.Y., May 3, 2022 /PRNewswire/ -- Townsquare Media, Inc. (NYSE: TSQ) ("Townsquare," or the "Company") announced today that Bill Wilson, Chief Executive Officer, and Stuart Rosenstein, Chief Financial Officer, will participate in two upcoming investor conferences.
Sidoti's Virtual Investor Conference
Management will participate in the Sidoti Virtual Investor Conference on Wednesday, May 11, 2022 and Thursday, May 12, 2022. Management's presentation is scheduled to begin at approximately 3:15 PM Eastern Time on Wednesday, May 11, 2022. A live webcast and replay of the presentation will be available on the investor relations page of Townsquare's website at www.townsquaremedia.com and on Sidoti's presentation portal at:
https://sidoti.zoom.us/webinar/register/WN_E5lA2UjSQBOHfgKdXJZgUQ.
Management will be available for one-on-one and small group meetings with investors. Investors interested in meeting with management should contact their Sidoti & Company representative at conference@sidoti.com or request to complete their registration at https://www.meetmax.com/sched/event_81401/investor_reg_new.html?attendee_role_id=SIDOTI_INVESTOR.
Barrington Research Virtual Spring Investment Conference
Management will participate in the Barrington Research Virtual Spring Investment Conference on Thursday, May 19, 2022. Management will be available for one-on-one and small group meetings.
About Townsquare Media, Inc.
Townsquare is a community-focused digital media and digital marketing solutions company with market leading local radio stations, principally focused outside the top 50 markets in the U.S. Our assets include a subscription digital marketing services business, Townsquare Interactive, providing website design, creation and hosting, search engine optimization, social media and online reputation management as well as other digital monthly services for approximately 26,800 SMBs; a robust digital advertising division, Townsquare Ignite, a powerful combination of a) an owned and operated portfolio of more than 330 local news and entertainment websites and mobile apps along with a network of leading national music and entertainment brands, collecting valuable first party data, and b) a proprietary digital programmatic advertising technology stack with an in-house demand and data management platform; and a portfolio of 321 local terrestrial radio stations in 67 U.S. markets strategically situated outside the Top 50 markets in the United States. Our portfolio includes local media brands such as WYRK.com, WJON.com and NJ101.5.com, and premier national music brands such as XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com. For more information, please visit www.townsquaremedia.com, www.townsquareinteractive.com, and www.townsquareignite.com.
Investor Relations
Claire Yenicay
(203) 900-5555
investors@townsquaremedia.com
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SOURCE Townsquare Media, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/03/townsquare-participate-upcoming-investor-conferences/ | 2022-05-03T20:49:06Z |
Special Weather Statement issued April 27 at 4:37PM MDT by NWS Pocatello ID
At 434 PM MDT, Doppler radar was tracking a cluster of thunderstorms
extending from 13 miles west of Henrys Lake to 6 miles southwest of
Idmon to near Hamer, moving northeast at 35 mph.
HAZARD…Wind gusts to 35 mph. Occasional lighting.
SOURCE…Radar indicated.
IMPACT…Gusty winds could knock down tree limbs and blow around
unsecured objects.
Locations impacted include…
Dubois, Idmon, Henrys Lake, Island Park Village, Shotgun Village,
Ponds Lodge, Macks Inn, Kilgore, Last Chance, Island Park Reservoir,
Sheridan Reservoir, Targhee Pass, Harriman State Park, Red Rock Pass
and Big Springs.
If outdoors, consider seeking shelter inside a building. | https://localnews8.com/weather/alerts-weather/2022/04/27/special-weather-statement-issued-april-27-at-437pm-mdt-by-nws-pocatello-id/ | 2022-04-27T23:45:56Z |
TORONTO, June 14, 2022 /PRNewswire/ - Firstlight Media today announced that it has received the 2021 Google Cloud Industry Solution Partner of the Year Award for Media & Entertainment.
Firstlight Media was recognized for its achievements in the Google Cloud ecosystem, including: driving joint customer success in new markets and business models; spurring the adoption of cloud-based workflows and platforms; and laying the groundwork for innovations that advance the technical and product capabilities of OTT and Google Cloud.
Firstlight Media teamed with Google Cloud to help India's aha transform from a regional, Telugu-language service to a "glocal" powerhouse that delivers distinctive storefronts in local languages and using regional currency, without the time and cost investment of starting from scratch. Within 10 months of the initial agreement, aha 2.0 migrated its Telugu service to the new, enhanced Firstlight Media platform running on Google Cloud, and launched an entirely new Tamil service – both using the same backend.
"We're proud to recognize Firstlight Media as our Industry Partner of the Year for Media & Entertainment, based on their deep knowledge and evident experience in helping customers across the media and entertainment industry succeed," said Bronwyn Hastings, VP of Global ISV Partnerships and Channels, Google Cloud. "Firstlight Media has demonstrated strong technical and service capabilities over this past year, and we look forward to expanding our work together to help media and entertainment organizations digitally transform their businesses."
"Google Cloud's robust, feature-rich ecosystem and its eagerness to push the boundaries of cloud-native OTT are directly aligned with Firstlight Media's objectives," said Paul Pastor, Chief Business Officer and co-founder of Firstlight Media. "We're honored to be a Google Cloud Partner of the Year and look forward to continuing to work closely with Google Cloud to take transformative new OTT capabilities from vision to reality."
Firstlight Media's platform is designed to build and run scalable applications in the cloud using cloud-native technologies, including containers, microservices, a service mesh, APIs, and immutable infrastructure. The OTT technology stack provides significantly better performance, a modular approach for feature expansion, continuous delivery for rapid iteration, and built-in scalability, observability, and security. Forward-looking OTT providers are using the Firstlight Media platform to deliver services with the flexibility and the agility of the cloud, while equaling or exceeding the reliability and high performance of broadcast.
Firstlight Media is leading cloud transformations of OTT and in-home experiences for pay-TV, telcos, and MVPDs. The company's cloud-native platform leverages a transformative Gen5 architecture for unparalleled performance in delivering premium video, handling complex use cases, and scaling to millions of viewers. Founded by a team that has built and operated dozens of Tier 1 OTT services worldwide, Firstlight Media is powering immersive sports, live experiences and personalized entertainment on any screen. The company is headquartered in Toronto and has additional locations in Los Angeles, San Diego and Chennai, India. For more information, visit firstlight.ai.
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SOURCE Firstlight Media | https://www.wibw.com/prnewswire/2022/06/14/firstlight-media-wins-google-cloud-industry-solution-partner-year-award-media-amp-entertainment/ | 2022-06-14T17:51:18Z |
Event will celebrate Chicago fans on September 10 at Guaranteed Rate Field
CHICAGO, July 12, 2022 /PRNewswire/ -- FanDuel Group, the premier sports gaming destination in the United States, announced today that tickets are now on sale for its 2022 FanDuel FanFest event on Saturday, September 10 at Guaranteed Rate Field from 2 - 9 p.m. CT.
2022 FanDuel FanFest is a one-day festival that brings together fans of sports and music to have a one-of-a-kind experience. FanDuel FanFest will be headlined by exclusive musical performances from rapper and Grammy Award nominee, Wiz Khalifa and Grammy-nominated DJ/producer and Top 100 DJ in the world, Alesso, as well as unique sports experiences with Chicago sports legends Brian Urlacher, Devin Hester, Charles Tillman, and more.
"We are excited to bring our successful and highly-entertaining FanDuel FanFest event to the great city of Chicago," said Andrew Sneyd, Senior Vice President of Brand, FanDuel Group. "Between the amazing musical performances featuring Wiz Khalifa and Alesso, and the legendary athletes like Brian Urlacher and Devin Hester who will be in attendance, this event will have something for all and is just another way for us to do something extraordinary to celebrate our customers and sports betting in the state of Illinois."
Throughout the day, attendees will be treated to FanDuel's Superstar Showdown, where Chicago sports legends will compete against each other in various sports challenges, including ax throwing, connect 4 basketball, quarterback challenge, H-O-R-S-E and more. Guests will be able to watch these events and predict who they think will win via FanDuel's Free-2-Play game.
The event will also feature several other fun activities for attendees, including food trucks, a pop-up FanDuel Sports Bar and Lounge, brand activations, trophy photo ops and more. For more information on this event, and to purchase tickets, please visit www.FanDuel.com/FanFest.
FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and leagues. The premier gaming destination in North America, FanDuel Group consists of a portfolio of leading brands across gaming, sports betting, daily fantasy sports, advance-deposit wagering, and TV/media, including FanDuel, Stardust Casino and TVG. FanDuel Group has 17 million customers and has a presence across all 50 states and the Canadian province of Ontario. The company is based in New York with offices in California, New Jersey, Florida, Oregon, Georgia, Canada and Scotland. FanDuel Group is a subsidiary of Flutter Entertainment plc, the world's largest sports betting and gaming operator with a portfolio of globally recognized brands and a constituent of the FTSE 100 index of the London Stock Exchange.
Contact: Kevin Hennessy / FanDuel Group / press@fanduel.com
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SOURCE FanDuel Group | https://www.kxii.com/prnewswire/2022/07/12/fanduel-hosts-2022-fanfest-chicago-featuring-performances-by-wiz-khalifa-alesso/ | 2022-07-12T15:45:07Z |
FedEx, UPS drivers write comments on package about family’s abortion sign
LOUISVILLE, Ky. (WAVE/Gray News) - It sparked outrage and conversation the second it was posted on social media.
A doorbell camera captured a FedEx delivery driver writing something on a box. Then a UPS driver pulls out a marker of his own and writes a message later that same day.
It was all centered around a sign in the family’s front yard that said, ‘Keep abortion safe and legal.’
The family who lives in the home said that the sign has been up for months, but they’ve never had any issues.
Recently, their doorbell camera captured a FedEx driver writing on a box while walking up their sidewalk to make a delivery.
The message reads, “It shouldn’t be but don’t worry it will be, just not in Kentucky. Because it is murder of a life. Good day.” The family said they believe that the message was in response to their yard sign.
“Literal shock,” Mallory Disbrow said. “I could not believe that a FedEx driver, wearing a FedEx uniform, would have written that. This isn’t a comment box on Facebook. This isn’t just something you drop and run away. I mean, we could absolutely knock on the door, have a conversation. I’d be willing to have a conversation about anything I put in my yard. That’s why I put it there.”
The story takes another twist when the couple’s surveillance cameras capture a UPS driver arriving later in the day. He appeared to read the message that the FedEx driver had written on the box, and proceeds to cross it out with a marker, writing instead ‘Continue to exercise your first amendment rights- UPS.’
“We create laws for humans. We need to be fair and expect others to treat everyone well, and we hope that’s the way our girls approach life,” Disbrow said. “We live on a street that has varying opinions about the world, and we all come together. We have a great street. We all come together. We have happy hours in the front yard.”
Disbrow’s husband, Chase Abell, said that the couple contacted FedEx, and an employee told them that they take these matters seriously. But they haven’t heard anything else.
“Why would somebody write a message like that on somebody else’s property?” Abell said. “I mean, we’re all entitled to our own opinions, of course, but I didn’t stop him and write nasty comments on his truck before he drove away.”
The couple said that they plan to keep the box as a memento to use to teach their children someday: “We’re just trying to set a better example, and try to make a better world for our girls, who are 20 months old.”
WAVE News reached out to both FedEx and UPS about the story. Reporters with WAVE have been in touch with UPS, but have not received a formal statement. FedEx has not yet responded.
Copyright 2022 WAVE via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/24/fedex-ups-drivers-write-comments-package-about-familys-abortion-sign/ | 2022-06-24T13:49:37Z |
NEW YORK, July 25, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Progyny, Inc. (NASDAQ: PGNY).
If you are a shareholder of Progyny, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.
Purcell & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.
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SOURCE Purcell & Lefkowitz LLP | https://www.kxii.com/prnewswire/2022/07/25/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-progyny-inc-potential-breaches-fiduciary-duty-by-its-board-directors/ | 2022-07-25T16:08:18Z |
STOCKHOLM, July 13, 2022 /PRNewswire/ -- InDex Pharmaceuticals Holding AB (publ) today announced that a new method of use patent for the drug candidate cobitolimod has been granted by the European Patent Office (EPO). The patent provides additional protection for the use of cobitolimod in the treatment of inflammatory bowel disease.
The patent, with patent number 3947685, will provide an exclusivity period until August 2040, with the possibility of up to 5 years term extension after market approval.
"We are very pleased that the patent has been granted by the European Patent Office, which again confirms that cobitolimod is a unique and innovative treatment for inflammatory bowel disease," said Johan Giléus, acting CEO of InDex Pharmaceuticals. "This patent further strengthens, broadens and extends our robust intellectual property position for cobitolimod in Europe."
Corresponding patent applications have been filed in the strategically most important patent territories globally.
For more information:
Johan Giléus, acting CEO
Phone: +46 8 122 038 50
E-mail: johan.gileus@indexpharma.com
Publication
This information is information that InDex Pharmaceuticals Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (MAR). The information was submitted for publication through the agency of the contact person set out above at 10:10 CET on July 13, 2022.
InDex Pharmaceuticals in brief
InDex is a pharmaceutical development company focusing on immunological diseases where there is a high unmet medical need for new treatment options. The company's lead asset is the drug candidate cobitolimod, which is being evaluated in the phase III study CONCLUDE as a novel treatment of moderate to severe ulcerative colitis – a debilitating, chronic inflammation of the large intestine. InDex has also developed a platform of patent protected discovery stage substances, so called DNA based ImmunoModulatory Sequences (DIMS), with the potential to be used in the treatment of various immunological diseases.
InDex is based in Stockholm, Sweden. The company's shares (ticker INDEX) are traded on Nasdaq First North Growth Market Stockholm. Redeye AB with email address certifiedadviser@redeye.se and phone number +46 8 121 576 90 is the company's Certified Adviser. For more information, please visit www.indexpharma.com.
This information was brought to you by Cision http://news.cision.com
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SOURCE Index Pharmaceuticals | https://www.kxii.com/prnewswire/2022/07/13/index-pharmaceuticals-gets-new-patent-cobitolimod-granted-europe/ | 2022-07-13T09:58:07Z |
NEW YORK, July 5, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NBEV, ENDP, DTC, REV, and APRN.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- NBEV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NBEV&prnumber=070520222
- ENDP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ENDP&prnumber=070520222
- DTC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=DTC&prnumber=070520222
- REV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=REV&prnumber=070520222
- APRN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=APRN&prnumber=070520222
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/07/05/thinking-about-buying-stock-newage-endo-international-solo-brands-revlon-or-blue-apron/ | 2022-07-05T14:46:25Z |
ALBANY – Albany Technical College and the Dougherty County and Albany Police Departments will jointly host a Peace Officers Memorial Day commemoration Monday at Albany Tech's Kirkland Conference Center starting at 1 p.m.
The memorial service is held annually in the United States on May 15 in honor of federal, state and local officers killed or disabled in the line of duty. It is observed in conjunction with Police Week.
Fallen officers from the Albany Police Department, Dougherty County Sheriff’s Office, Dougherty County Police Department and the United States Marine Corps will be honored in a special ceremony. A special proclamation will be presented by Albany Mayor Bo Dorough and Dougherty County Commission Chairman Christopher Cohilas.
The guest speaker for the event will be Dougherty Circuit Chief Superior Court Judge Willie Lockette. Lockette was born in Tuner County and graduated as valedictorian from A.S. Clarke High School in Cordele. He earned a bachelor’s degree in History and Political Science, summa cum laude, from Fort Valley State College and a juris doctor degree with high honors from the University of Illinois, College of Law, Champaign. He has earned additional professional credentials from the National Institute of Trial Advocacy, Emory University College of Law, and the National Judicial College, University of Nevada, Reno.
Lockette is a member of the State Bar of Georgia and licensed to practice law in all Georgia trial courts, the Supreme Court of Georgia, Georgia Court of Appeals, the United States District Courts for the Middle and Northern Districts, and the United States Courts of Appeal for the Fifth and Eleventh Circuits.
Lockette practiced law as staff attorney and managing attorney of the Albany Regional Office of Georgia Legal Services. He served as part-time Judge of the Magistrate Court of Dougherty County before being appointed Chief Judge of that Court and Judge of the State Court of Dougherty County.
In 1996, Dougherty County elected Lockette Judge of the Superior Court of Dougherty County and re-elected him for consecutive four-year terms without opposition. Lockette became chief judge of the Superior Court of Dougherty County in 2009. Lockette is a licensed and ordained Baptist minister and is the pastor of the Greater Pines Chapel Missionary Baptist Church in Albany. Lockette has received numerous social, civic, and religious awards and honors.
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accounts, the history behind an article. | https://www.albanyherald.com/local/albany-tech-albany-dougherty-police-to-host-peace-officers-memorial-day/article_8645c4ba-d384-11ec-93b6-73a16d869d58.html | 2022-05-14T14:22:47Z |
LOS ANGELES, May 31, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Playstudios, Inc. ("Playstudios" or the "Company") (NASDAQ: MYPS).
Class Period: June 22, 2021 – March 1, 2022
Lead Plaintiff Deadline: June 7, 2022
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that it was having significant problems with Kingdom Boss, would not be releasing Kingdom Boss as expected, and had not revised its financial projections to account for the issues with Kingdom Boss, and as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.mysuncoast.com/prnewswire/2022/05/31/myps-investors-have-opportunity-lead-playstudios-inc-securities-fraud-lawsuit/ | 2022-05-31T16:46:49Z |
Parties Reach an Agreement that Concludes Outstanding Intellectual Property Disputes
REDWOOD CITY, Calif., Aug. 1, 2022 /PRNewswire/ -- Nevro Corp. (NYSE: NVRO) and Boston Scientific Corp. (NYSE: BSX) announced today that they have reached a settlement in their ongoing intellectual property litigations that gives Boston Scientific the freedom to operate using the features and capabilities embodied in its current line of products for frequencies below 1,500 Hz, and gives Nevro the freedom to operate using the features and capabilities embodied in its current line of products.
Nevro will grant Boston Scientific a worldwide, non-exclusive, non-transferable license to practice paresthesia-free therapy at frequencies below 1,500 Hz and a covenant not to sue for any features embodied in any current Boston Scientific products for frequencies below 1,500 Hz. Boston Scientific also will grant Nevro a worldwide, non-exclusive, non-transferable license under Boston Scientific's asserted patent families and a covenant not to sue for any features embodied in any current Nevro products.
This settlement concludes all of the existing litigations between Nevro and Boston Scientific, and includes a net payment from Boston Scientific to Nevro of $85 million.
Internet Posting of Information
Nevro routinely posts information that may be important to investors in the "Investor Relations" section of its website at www.nevro.com. The company encourages investors and potential investors to consult the Nevro website regularly for important information about Nevro.
About Nevro
Headquartered in Redwood City, California, Nevro is a global medical device company focused on delivering comprehensive, life-changing solutions that continue to set the standard for enduring patient outcomes in chronic pain treatment. The company started with a simple mission to help more patients suffering from debilitating pain and developed its proprietary 10 kHz Therapy, an evidence-based, non-pharmacologic innovation that has impacted the lives of more than 80,000 patients globally. Nevro's comprehensive HFX™ spinal cord stimulation (SCS) platform includes a Senza SCS system and support services for the treatment of chronic trunk and limb pain and painful diabetic neuropathy.
Senza®, Senza II®, and Senza Omnia™ are the only SCS systems that deliver Nevro's proprietary 10 kHz Therapy. Nevro's unique support services provide every patient with an HFX Coach™ throughout their pain relief journey and every physician with HFX Cloud™ insights for enhanced patient and practice management.
Senza, Senza II, Senza Omnia, HFX, HXF Coach, HFX Cloud, HFX Connect, Nevro and the Nevro logo are trademarks of Nevro Corp.
To learn more about Nevro, connect with us on LinkedIn, Twitter, Facebook and Instagram.
Investors and Media:
Julie Dewey, IRC
Nevro Corp.
Chief Corp Communications and Investor Relations Officer
650-433-3247 | julie.dewey@nevro.com
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SOURCE Nevro Corp. | https://www.kxii.com/prnewswire/2022/08/01/nevro-boston-scientific-announce-settlement-their-ongoing-intellectual-property-litigations/ | 2022-08-01T11:29:45Z |
Staff Remains, Industry Vet Kylee Ervin to Continue on Board of Directors, Involved in Builds
NASHVILLE, Tenn., June 30, 2022 /PRNewswire/ -- Today, Dreamliner Luxury Coaches announced it has more than doubled its fleet with the acquisition of Diamond Coach Leasing from longtime owner and entrepreneur, Kylee Ervin. This move also establishes Dreamliner's new corporate headquarters and facility in Nashville, TN.
Boasting a combined fleet of almost 75 coaches and a new east coast operation in addition to its west coast facility, Dreamliner marks another milestone toward becoming the go-to, national transportation provider for A-list entertainers seeking the comfort of luxury travel and attention to detail accommodations when faced with a busy touring schedule.
Dreamliner provides luxury coach transportation to rock, pop, hip-hop and now country musicians throughout the country. Clients include Justin Bieber, Lady Gaga, The Weeknd, Jonas Brothers, Drake, Halsey, Rod Stewart, Pearl Jam, Doja Cat and many more.
"It's a big deal for us just having an East Coast location," says Jeremy Maul, CEO of Dreamliner of the purchase providing Dreamliner nationwide coast-to-coast coverage. "Expanding our footprint, as well as our fleet, was something we have been considering for over a year, and Kylee Ervin and her Diamond team have been a staple in the music scene for 20 years. It's the perfect expansion for our brand."
"We've worked really hard to become a trusted partner for touring artists and entertainers, so it goes without saying that this decision was one we weighed heavily," adds Ervin, Founder and Owner of Diamond Coach. "We're proud to see what we've built will continue to expand with Dreamliner at the helm."
Dreamliner continues to reimagine the art of luxury travel through its tour bus builds, creating an elevated experience with each unit, on average costing up to $1.0 million per build. "Not as big as some competitors, we offer a boutique experience," Maul adds. "We pride ourselves on quality and attention to detail. That's the Dreamliner difference"
This acquisition marks Caprice's second transaction with the Dreamliner team since the partnership began in October 2020 during the height of the pandemic. Caprice has invested over $50.0 million since partnering with Dreamliner.
"During the start of the pandemic, the outlook was far more uncertain, as the coach industry was suffering from excess capacity, low utilization rates, and a lack of access to capital. Caprice prides itself on its true partnership with founders and entrepreneurs through thick and thin. Today's achievement is a testament to the mutual respect and trust between Caprice and its valued customers and now the Company is at full capacity with high utilization rates and is well capitalized and positioned to take advantage of industry tailwinds during its next phase of growth." Rich Thomson, Managing Partner at Caprice Capital Partners shares in closing.
Dreamliner's east coast operations will be in Nashville, TN with its west coast operations in Fontana, CA. Ervin will remain involved in bus builds and will be serving on Dreamliner's Board of Directors.
Caprice Capital Partners a Los Angeles based, relationship-driven private investment firm focused on providing tailored debt and non-control equity solutions to entrepreneurial, founder and family run companies in the lower middle market.
Caprice partners with founder-owners as well as independent sponsors and search funds to support buyout, growth, and recapitalization initiatives and typically is the sole lender providing a capital solution between $5.0 million - $100.0 million to companies with at least $2.0 million of EBITDA.
If you would like more information about this topic, please contact Jessica Cline at (310) 893-5070 or jcline@capricecapital.com
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SOURCE Caprice Capital Partners | https://www.kxii.com/prnewswire/2022/06/30/dreamliner-luxury-coaches-doubles-fleet-with-acquisition-diamond-coach-leasing/ | 2022-06-30T12:43:05Z |
SHANGHAI, June 17, 2022 /PRNewswire/ -- LAIX Inc. ("LAIX" or the "Company") (OTC: LAIXY), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Laix Infinite Co. Ltd., an exempted company incorporated with limited liability under the laws of the Cayman Islands ("Parent"), and Prilingo Merger Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent ("Merger Sub"), pursuant to which Merger Sub will be merged with and into the Company, with the Company continuing as the surviving company and becoming a wholly-owned subsidiary of Parent (the "Merger"), in a transaction implying an equity value of the Company of approximately US$6.8 million for all of the Company's outstanding ordinary shares (each, an "Ordinary Share").
Certain shareholders of the Company, including the entities ultimately controlled by Mr. Yi Wang, co-founder, chairman of the board of directors (the "Board") and chief executive officer of LAIX, Mr. Zheren Hu, co-founder, director and chief technology officer of LAIX, Mr. Hui Lin, co-founder, director and chief scientist of LAIX, respectively (collectively, the "Founders"), GGV Capital IV L.P., GGV Capital IV Entrepreneurs Fund L.P., GGV Capital Select L.P., IDG Technology Venture Investment IV, L.P., IDG Technology Venture Investment V, L.P., IDG-Accel China Growth Fund III L.P., IDG-Accel China III Investors L.P., Trustbridge Partners V, L.P., CMC Lullaby Holdings Limited, Mirae Asset – Naver Asia Growth Investment Pte. Ltd., Cherubic Ventures SSG II Ltd and Best Venture Technology Limited (collectively, the "Rollover Shareholders," and each, a "Rollover Shareholder") have entered into Rollover and Contribution Agreements, respectively, pursuant to which each Rollover Shareholder has irrevocably agreed to contribute the Ordinary Shares it holds or will hold to the Merger Sub prior to the effective time of the Merger (the "Effective Time") in exchange for newly issued ordinary shares of Parent, such that Merger Sub will hold approximately 93.8% of the voting power of the Ordinary Shares exercisable in a general meeting of the Company.
At the Effective Time, unless otherwise agreed under the Merger Agreement, each Ordinary Share issued and outstanding immediately prior to the Effective Time will be cancelled and cease to exist in exchange for the right to receive US$0.1357 in cash without interest (the "Per Share Merger Consideration"), and each outstanding American depositary share of the Company ("ADS," each representing fourteen Class A ordinary shares of the Company), together with the Class A ordinary shares represented by such ADSs, will be cancelled and cease to exist in exchange for the right to receive US$1.90 in cash without interest (together with the Per Share Merger Consideration, the "Merger Consideration").
The Merger Consideration represents a premium of approximately 15.8% to the volume-weighted average price of the ADSs during the 10 trading days prior to its receipt of the revised "going-private" proposal letter dated April 28, 2022.
The buyer group (the "Buyer Group") comprises the Founders, Tenzing Holdings 2011 Ltd. and Sino Avenue Limited. The Buyer Group intends to fund the Merger with a combination of rollover equity and cash, and has delivered copies of executed equity commitment letters to the Company. Each member of the Buyer Group has also executed and delivered to the Company a limited guarantee in favor of the Company pursuant to which the Buyer Group is guaranteeing certain payment obligations of Parent under the Merger Agreement.
The Board, acting upon the unanimous recommendation of a committee of two independent and disinterested directors established by the Board (the "Special Committee"), approved the Merger Agreement and the Merger. The Special Committee negotiated the terms of the Merger Agreement with the assistance of its financial and legal advisors. Because the Merger is a "short-form" merger in accordance with section 233(7) of the Companies Act between a parent company and one of its subsidiary companies (as those terms are defined in the Companies Act), the Merger does not require a shareholder vote or approval by special resolution of the Company's shareholders if a copy of the Plan of Merger is provided to every registered shareholder of the Company.
The Merger is currently expected to close in the second half of 2022 and is subject to customary closing conditions. If completed, the Merger will result in the Company becoming a privately held company, its ADSs will no longer be quoted on the OTC Market, and the Company's ADS program will be terminated.
Houlihan Lokey (China) Limited is serving as financial advisor to the Special Committee. Kirkland & Ellis is serving as U.S. legal counsel to the Special Committee. Harney Westwood & Riegels is serving as Cayman Islands legal counsel to the Special Committee.
Skadden, Arps, Slate, Meagher & Flom LLP is serving as U.S. legal counsel to the Buyer Group. Maples and Calder (Hong Kong) LLP is serving as Cayman Islands legal counsel to the Buyer Group.
Additional Information about the Merger
The Company will furnish to the U.S. Securities and Exchange Commission (the "SEC") a current report on Form 6-K regarding the Merger, which will include as an exhibit thereto the Merger Agreement. All parties desiring details regarding the Merger are urged to review these documents, which will be available at the SEC's website (http://www.sec.gov).
In connection with the Merger, the Company will prepare and mail a Schedule 13E-3 transaction statement to its shareholders. The documents will be filed with or furnished to the SEC. INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THESE MATERIALS AND OTHER MATERIALS FILED WITH OR FURNISHED TO THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE MERGER AND RELATED MATTERS. In addition to receiving the Schedule 13E-3 transaction statement by mail, shareholders also will be able to obtain these documents, as well as other filings containing information about the Company, the Merger and related matters, without charge, from the SEC's website (http://www.sec.gov).
About LAIX Inc.
LAIX Inc. ("LAIX" or the "Company") is an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning. Its proprietary AI teacher utilizes cutting-edge deep learning and adaptive learning technologies, big data, well-established education pedagogies and the mobile internet. LAIX believes its innovative approach fundamentally transforms learning. LAIX provides its products and services on demand via its mobile apps, primarily its flagship "English Liulishuo" mobile app launched in 2013. On the Company's platform, AI technologies are seamlessly integrated with diverse learning content incorporating well-established language learning pedagogies, gamified features and strong social elements to deliver an engaging, adaptive learning experience. LAIX provides a variety of courses inspired by a broad range of topics and culture themes to make English learning more interesting and is committed to offering a fun, interactive learning environment to motivate and engage its users.
For more information, please visit: http://ir.laix.com.
Forward-looking Statements
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue" or other similar expressions. LAIX may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about LAIX's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a variety of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: LAIX's goals and strategies; LAIX's future business development, results of operations and financial condition; the expected growth of the education market; LAIX's ability to monetize the user base; fluctuations in general economic and business conditions in China; PRC governmental policies, laws and regulations relating to the Company's industry; the potential impact of the COVID-19 to LAIX's business operations and the economy in China and elsewhere generally; the occurrence of any event, change or other circumstances that could give rise to the right of any party to terminate the definitive merger agreement for the going-private transaction; the outcome of any legal proceedings that may be instituted against LAIX Inc. or its shareholders or directors; the ability to meet the closing conditions to the merger and the going-private transaction; a delay in closing the merger and the going-private transaction; business disruptions from the proposed merger that will harm LAIX's business, including current plans and operations; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the merger and the going-private transaction; certain restrictions during the pendency of the merger and the going-private transactions that may impact LAIX's ability to pursue certain business opportunities or strategic transactions; the ability of LAIX to retain and hire key personnel; uncertainty as to the long-term value of the ordinary shares of LAIX following the merger and the going-private transaction; the continued availability of capital and financing following the merger and the going-private transaction; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and the Company undertakes no duty to update such information, except as required under applicable law.
For further information, please contact:
LAIX Inc.
Investor Relations
E-mail: ir@laix.com
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SOURCE LAIX Inc. | https://www.wibw.com/prnewswire/2022/06/17/laix-inc-enters-into-definitive-agreement-going-private-transaction/ | 2022-06-17T13:22:47Z |
PALO ALTO, Calif., May 16, 2022 /PRNewswire/ -- Altamont Capital Partners today announced that the firm has acquired a majority stake and made a $150M growth capital commitment to Fleming Holdings ("Fleming"). The partnership will allow Fleming to grow into an all-encompassing capital solutions provider to property and casualty (P&C) insurance companies.
Fleming is a P&C insurance capital solutions provider with a current focus on run-off and legacy reserve transactions. The company, run by Eric Haller, was founded by Fleming Corp, a private equity fund based in Greenwich, CT. Haller is a seasoned industry executive with experience working at XL, Athene, R&Q, and Safe Harbor Re. Fleming brings a unique level of sophistication and creativity to its specific market segment, focusing on smaller or more complicated transactions that are not typically the priority of legacy insurers.
"This investment will help accelerate Fleming's growth with a focus on innovation in the secondary market for insurance liabilities," said Stephen Minor, Founder, and CEO of Fleming Corp. "Altamont's experience and expertise in the financial services and insurance industries make them a great partner for our long-term growth."
"Our partnership with Fleming is the first step in a long-term plan to become a best-in-class capital solutions provider to the P&C industry," added Altamont Managing Director Sam Gaynor. "There is a tremendous amount of value we can add through taking a sophisticated and tailored approach to insurance capital management, and we look forward to rolling our solutions out to the market."
Joe Zuk, an Operating Partner with Altamont, added, "Across prospective and retrospective strategies, as well as insurance-linked investment solutions, we plan to further establish Fleming as specialists in helping clients find innovative ways to grow their returns on equity."
"We are proud to partner with Fleming and build on our record of success in backing proven teams who understand specific financial services markets and know how to deliver much-needed products to an underserved customer base," said Altamont Managing Director Keoni Schwartz. "As in similar investments, we anticipate realizing a number of mutually-beneficial opportunities for partnership with our other portfolio companies."
Altamont was advised on the transaction by RBC Capital Markets LLC as financial advisor and Sidley Austin LLP as legal counsel.
About Fleming Holdings
Fleming Holdings is a P&C insurance capital solutions business that includes a Bermuda-based class 3A reinsurance company. Fleming has built a track record of providing a full range of reinsurance structures and finality solutions for legacy liabilities, as well as liquidity and risk transfer alternatives to the middle market insurance industry. Fleming and its management team have extensive experience working on capital strategies for insurance companies in the U.S., Bermuda, Cayman, the U.K., and European Union. www.flemingreinsurance.com
About Altamont Capital Partners
Altamont Capital Partners is a private investment firm based in the San Francisco Bay Area with more than $4.5 billion of assets under management. Altamont is focused on investing in middle-market businesses where it can partner with leading management teams to help its portfolio companies reach their full potential. The firm's principals have significant experience building business success stories across a range of industries, including financial services, healthcare, business services, consumer/retail, and industrials. Altamont has been an active investor in the insurance industry, with current investments in Accelerant Holdings, Kuvare Holdings, and Embark General, in addition to Fleming. Altamont was formerly an investor in Celestite Holdings and McLarens Global.
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SOURCE Altamont Capital Partners | https://www.mysuncoast.com/prnewswire/2022/05/16/altamont-capital-partners-provides-growth-capital-fleming-holdings/ | 2022-05-16T21:49:44Z |
Innovation will make it easier and more cost-effective to recover precious metals from used electronics
ROCHESTER, N.Y., Aug. 24, 2022 /PRNewswire/ -- The REMADE Institute, a 154-member public-private partnership established by the United States Department of Energy (DOE) with an initial investment of $140 million, today announced a new technology license involving a technological innovation capable of recovering precious metals from used electronics more easily and cost-effectively.
The innovation, developed with REMADE support, is part of a research and development project first funded by the Institute in 2020. The R&D project, "Low-Concentration Metal Recovery from Complex Streams Using Gas-Assisted Microflow Solvent Extraction (GAME)," is still in progress and is led by Wencai Zhang, Ph.D., an assistant professor in the Department of Mining and Minerals Engineering at Virginia Tech's College of Engineering, and Aaron Noble, Ph.D., an associate professor in the same department. Phinix, LLC, is the industry partner on the project. REMADE's tech team oversees the project, ensuring it meets the Institute's and DOE's technological milestones.
"Congratulations to the entire project team, including the researchers with Virginia Tech, the team at Phinix, and our tech team at the Institute," said REMADE CEO Nabil Nasr. "A new technology license is a great accomplishment, and we believe it will be incredibly valuable to U.S.-based electronics recycling companies."
Details of the technological innovation, which involves both the hardware set-up and the process, are the subject of a pending patent and are therefore confidential. All proprietary process advantages make it more cost-effective to recover precious metals from various electronics wastes destined for landfill. The IP has been exclusively licensed to Phinix, LLC.
Zhang, the R&D project's principal investigator, said the research ultimately seeks to develop technologies to make it easier and more cost-effective to recover precious metals from personal computers (PCs), classified as electronic waste (e-waste).
"The printed circuit boards (PCBs) found in PCs that have reached their end-of-life are among the most promising sources of gold and silver," Zhang said. "We need to do everything we can to make it easier and cheaper to recover these critical minerals and enable manufacturers to reuse them."
Typical PC motherboards contain 566 parts per million (ppm) gold and 639 ppm silver – one of which, gold, is more than an order of magnitude above typical economic ore grades.
REMADE Chief Technology Officer Magdi Azer said the tech license is another milestone for the public-private partnership, which seeks to increase the reuse, remanufacturing, recycling, and recovery of four energy-intensive materials: metals, polymers/plastics, fibers/papers, and e-waste.
"REMADE is selective in funding R&D projects that have the greatest potential to reduce energy consumption, decrease greenhouse gas emissions, decrease the use of raw or primary materials, and increase the use of recycled or secondary materials," Azer said. "This particular R&D project is capable of developing technologies to increase the recovery of precious metals from e-waste, providing a valuable resource to U.S.-based electronics companies and other U.S. manufacturers, and as a result, increasing the resiliency of the U.S. supply chain and decreasing the nation's reliance on minerals from other countries."
Subodh Das, founder and CEO of Phinix, which now holds the exclusive tech license, said his firm is eager to partner with electronics manufacturers that want to use the technological innovation to recover precious metals like gold, silver, and palladium from their end-of-life PCs.
"Most of the 53.6 Mt of e-waste produced globally are not recycled," Das said. "Only 9% of e-waste is recycled in the U.S. Most are either exported or landfilled. Gold, silver, and copper are the most valuable recovered resources. Our project has involved the recovery of gold and silver. This innovation is a potential boon to U.S.-based electronics companies, many of which are actively searching for ways to recover precious metals from their products. We can help these electronics companies recover and reuse these end-of-life resources and assist U.S. manufacturers in other industries interested in these recovered precious metals as well."
For more details, contact the REMADE Institute at contact@remadeinstitute.org, Virginia Tech's David Irvin at davidi86@vt.edu, and/or Phinix CEO Subodh Das at skdas@phinix.net.
Founded in 2017, REMADE is a 154-member public-private partnership established by the U.S. Department of Energy with an initial investment of $140 million, half of which is DOE funding and the other half of which is member cost-share. REMADE is the only national institute focused entirely on developing innovative technologies to accelerate the U.S.'s transition to a Circular Economy. In partnership with industry, academia, and national laboratories, REMADE enables early-stage applied research and development that will create jobs, dramatically reduce embodied energy and greenhouse gas emissions, and increase the supply and use of recycled materials. For additional information about REMADE, visit www.remadeinstitute.org.
For additional information, contact:
Megan Connor Murphy
Director, Marketing and Communications
REMADE Institute
585-213-1036 office
585-339-8379 cell
mconnormurphy@remadeinstitute.org
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SOURCE REMADE Institute | https://www.kxii.com/prnewswire/2022/08/24/remade-announces-new-technology-license/ | 2022-08-24T17:09:22Z |
Conference panel examines the connection between organizational empathy and employee satisfaction, retention, and business results
DUBLIN, Ohio, April 7, 2022 /PRNewswire/ -- Recruiting and retaining high-performing employees is essential as the Great Resignation continues, and some experts believe organizational empathy may be the secret to achieving these goals. Zane Burke, CEO of Quantum Health, the healthcare navigation and care coordination industry leader, will host a Business Group on Health session exploring the relationship between organizational empathy and employee engagement, hiring and retention, and business results. The discussion takes place at the Business Group on Health's Annual Conference on April 21, 2022.
Joining Burke will be Stanford University professor and leading empathy researcher Jamil Zaki, and Amanda Davenport, senior director of benefits for Surgery Partners. The panel discussion, "Organizational Empathy: The Secret Ingredient to Employee Retention, Satisfaction and Benefits ROI," will examine the connection between organizational empathy and business outcomes that can be influenced through employee benefits. During this panel discussion, attendees will learn:
- How empathy can be a workplace "superpower."
- Common myths about empathy and how to bust those myths.
- Empathy skill-building techniques.
- How one leading organization uses empathy to address burnout in its population of healthcare workers.
- How empathy can turn a benefits program into a benefits experience that improves employee retention and influences DEI (diversity, equity and inclusion) initiatives while also lowering healthcare costs.
About the panelists
Jamil Zaki, Ph.D., is leading the charge to create a more empathetic world. A renowned professor of psychology at Stanford University and director of the Stanford Social Neuroscience Laboratory, Zaki is author of "The War for Kindness: Building Empathy in a Fractured World," a book based on his laboratory's research and his analysis of global research into the state of empathy. Zaki's work focuses on how empathy works, and how people and organizations can learn to empathize more effectively.
Amanda Davenport is senior director of benefits at Surgery Partners, a leading operator of specialty surgery centers and hospitals, with nearly 300 locations and 9,000 employees. Davenport's career spans extensive experience in employee benefits strategy and leadership, both for healthcare delivery organizations and insurance brokerage firms. Davenport has seen firsthand the impact of today's stressful healthcare environment, which is why her team is committed to infusing empathy into their workplace culture and benefits experience to better support the needs of their employee population.
Zane Burke is CEO of Quantum Health and a healthcare industry innovator focused on transforming the consumer healthcare experience. An internationally recognized health IT leader, Burke has extensive experience guiding healthcare technology enterprises, including Silicon Valley-based Livongo Health Inc., a leading software as a service (SaaS) consumer digital health company, where Burke served as CEO, and Cerner Corporation, where he was president.
"With all the challenges of the past two years, helping employees and their families feel cared for and supported is critical for every organization's success," said Burke. "The power of empathy cannot be underestimated. It's the driving force behind Quantum Health and how we serve our key stakeholders: Clients, members, providers, partners and — most importantly — our own employees. We are proud to share these valuable insights that will help employers and benefits professionals use organizational empathy to transform their workplace cultures and program offerings into optimized employee experiences that will attract and nurture top talent and achieve business results."
The session, "Organizational Empathy: The Secret Ingredient to Employee Retention, Satisfaction and Benefits ROI," takes place on April 21 from 8:55 to 9:25 a.m. CT and will be available to Business Group on Health conference attendees. For more information about the session and the speakers, visit here.
About Quantum Health
Quantum Health is the industry-leading consumer healthcare navigation and care coordination company that delivers an unparalleled consumer experience to its members, as well as validated claims savings and high satisfaction rates for its self-insured employer clients. Quantum Health's proprietary Real-Time Intercept® model identifies opportunities for early intervention in a member's healthcare journey, resulting in better engagement, outcomes, and cost efficiencies.
The company was founded in 1999 and is based in Dublin, Ohio. Since its inception, Quantum Health has earned numerous awards and honors, including being named among the Fastest-Growing Private Companies by Inc. 5000, and a Great Place to Work by FORTUNE Magazine and Entrepreneur Magazine. The Women Presidents' Organization has ranked Quantum Health as one of the 50 Fastest-Growing Women-Owned/Led Companies, and Columbus Business First has honored Quantum Health as a Best Place to Work.
To learn more about the company, visit www.Quantum-Health.com, and connect with us on LinkedIn and Twitter.
Media Contact: Susan Simkins, Quantum Health, Corporate Communications, 800-257-2038 x13494, susan.simkins@quantum-health.com
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SOURCE Quantum Health | https://www.wibw.com/prnewswire/2022/04/07/quantum-health-ceo-zane-burke-host-business-group-health-session-with-stanford-university-empathy-expert-jamil-zaki/ | 2022-04-07T16:13:58Z |
SHENZHEN, China, Sept. 2, 2022 /PRNewswire/ -- Addentax Group Corp. ("Addentax" or the "Company") (NasdaqCM: ATXG), an integrated service provider focusing on garment manufacturing, logistics service, property management and subleasing, and epidemic prevention supplies, today announced the closing of an underwritten public offering (the "Offering") of 5,000,000 shares of its common stock at a price of $5.00 per share.
The Company's common stock began trading on Nasdaq Capital Market under the ticker symbol "ATXG" on August 31, 2022.
The Company received aggregate gross proceeds of $25 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters an option, exercisable within 45 days from the date of the underwriting agreement, to purchase up to an additional 750,000 shares of common stock at a price to the public, less underwriting discounts, to cover over-allotments, if any.
The Offering was conducted on a firm commitment basis. Network 1 Financial Securities, Inc is acting as the sole book runner for the Offering. Loeb & Loeb LLP is acting as counsel to the Company. VCL Law LLP is acting as counsel to the underwriter with respect to the Offering.
A registration statement on Form S-1, as amended (File No. 333-230943) relating to the Offering was previously filed with the U. S. Securities and Exchange Commission ("SEC") by the Company, and subsequently declared effective by the SEC on August 11, 2022. The Offering was made only by means of a final prospectus. A final prospectus relating to the Offering was filed with the SEC on September 1, 2022, and is available on the SEC's website at www.sec.gov. Electronic copies of the final prospectus related to the Offering may be obtained from Network 1 Financial Securities, Inc., 2 Bridge Avenue, Suite 241, Red Bank, New Jersey 07701; Attention Karen (Huiyun) Mu, email kmu@netw1.com and Adam Pasholk, email adampasholk@netw1.com or by calling +1 (800) 886-7007.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Addentax Group Corp.
Addentax Group Corp. is an integrated service provider focusing on garment manufacturing, logistics service, property management and subleasing, and epidemic prevention supplies. Its garment manufacturing business consists of sales made principally to wholesaler located in China. The logistics business consists of delivery and courier services covering 79 cities in seven provinces and two municipalities in China. The property management and subleasing business provides shops subleasing and property management services for garment wholesalers and retailers in garment market. The epidemic prevention supplies business consists of manufacturing and distribution of epidemic prevention products and resale of epidemic prevention supplies purchased from third parties in both domestic and overseas markets. For more information, visit the Company's website at https://www.addentax.com/.
Forward-Looking Statements
All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and in its other filings with the SEC.
For more information, please contact:
Investor Relations:
Sherry Zheng
Phone: 718-213-7386
Email: shunyu.zheng@weitian-ir.com
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SOURCE Addentax Group Corp. | https://www.wibw.com/prnewswire/2022/09/02/addentax-group-corp-announces-uplisting-nasdaq-capital-market-closing-25-million-public-offering-common-stock/ | 2022-09-02T15:37:51Z |
INCLUDES TWO NEVER-BEFORE-HEARD DEMOS - "LOVE OF MINE" & "BUBBLE"
AVAILABLE FOR PRE-ORDER IN PHYSICAL & SUPER DELUXE FORMATS
LOS ANGELES, July 28, 2022 /PRNewswire/ -- Commemorating a major milestone, GRAMMY®-winning, multi-Platinum band Imagine Dragons will celebrate the 10th anniversary of their groundbreaking debut LP with Night Visions (Expanded Edition) (KIDinaKORNER/Interscope/UMe) on September 9, 2022. It notably boasts nine additional studio tracks and two previously unreleased songs recorded contemporaneously entitled "Love of Mine" and "Bubble." The Expanded Edition will be available at all DSPs and in physical formats— 2-LP (which boasts the original cover art plus a 10th-anniversary cover art lithograph), 2-CD, or 2-Cassette. An exclusive limited-edition, canary-yellow 2-LP vinyl of the Expanded Edition will also be available.
The Super Deluxe Edition consists of 4 CDs + 1 DVD (Original Album, Bonus Tracks, Night Visions Live, Remixes, and The Making of Night Visions on DVD) and much more.
Pre-order the Expanded Edition—HERE. Pre-order the Super Deluxe Edition—HERE.
The seven-times platinum Night Visions first arrived on September 4, 2012, paving the way for a bold new future for rock music. It bowed at #2 on the Billboard Top 200 and yielded some of the most impactful, inimitable, and inescapable anthems of the last decade. It has impressively eclipsed over 20 million in global consumption, while the diamond-certified Hot 100 Top 3 smash "Radioactive" (14x-platinum) garnered a GRAMMY® Award nod in the category of "Best Rock Performance" out of two nominations, including "Record of the Year." The record also occupied a spot on the Billboard Top 200 for 408 weeks.
Certified platinum or multiplatinum in 15 countries, Night Visions comprises the aforementioned "Radioactive," diamond-certified "Demons" (10x-platinum), "It's Time" (6x-platinum), "On Top Of The World" (4x-platinum), "Bleeding Out" (platinum), "Amsterdam" (platinum), and "Hear Me" (gold).
Experience the ultimate configuration of Night Visions this fall.
Check out the full tracklisting for Night Visions (Expanded Edition) below.
TRACKLISTING:
CD1
- Radioactive
- Tiptoe
- It's Time
- Demons
- On Top Of The World
- Amsterdam
- Hear Me
- Every Night
- Bleeding Out
- Underdog
- Nothing Left To Say / Rocks
CD2
- Cha-Ching (Till We Grow Older)
- Working Man
- My Fault
- Round And Round
- The River
- America
- Selene
- Fallen
- Cover Up
- Love of Mine (Demo)
- Bubble (Demo)
Imagine Dragons recently made history again. "Thunder" achieved a diamond certification, enshrining the quartet as "The First Band/Group in Music History to Achieve FOUR Diamond Singles." Meanwhile, their new double-disc opus Mercury — Acts 1 & 2 (KIDinaKORNER/Interscope) bowed at #12 on the Billboard Top 200 and earned some of the best reviews of the band's career to date. Rolling Stone attested, "Imagine Dragons still know how to efficiently stomp stadiums into rubble," and American Songwriter hailed it as "a celebration of life." Consequence of Sound applauded, "Act II is an even more intimate gesture that further explores themes of loss and recovery," and The Associated Press summed it up best as "the sound of a band getting its arena groove back."
The 32-track epic album debuted on Friday, July 1st, and marks the boldest artistic statement of the band's career thus far. Executive produced by Rick Rubin, the double album includes hit singles "Enemy," "Bones," and "Sharks" and expands on 2021's Mercury — Act 1. While Act 1 explores themes such as love, faith, pain, passion, and loss, Act 2 focuses on sorting through personal loss and the biggest existential questions of their career.
Listen to Mercury — Acts 1 & 2 HERE. Target is also offering an exclusive CD featuring an alternative cover and extra track, available HERE.
To bring both halves of the record to life on stage, Imagine Dragons will take to the road and kick off a massive US stadium tour that will begin in August, making stops in Boston, Toronto, and their hometown of Las Vegas before wrapping up in Los Angeles, CA in September. The summer tour marks the band's biggest North American shows of their career. Check out the full itinerary HERE.
About Imagine Dragons
With over 66 million album equivalents and 55 million digital songs sold, not to mention over 110 billion combined streams, Imagine Dragons are one of rock's biggest bands of the past decade, and they've fully reinvented the genre in that time. In short, they own Billboard's Top 3 rock songs of the 2010s — "Believer," "Thunder," and "Radioactive." Formed in 2009, Imagine Dragons developed a grassroots following with a series of independent EPs before making their major-label debut on KIDinaKORNER/Interscope with 2012's Continued Silence EP. That same year, their LP debut NIGHT VISIONS entered the Billboard 200 at No. 2, while lead track "Radioactive" topped Billboard's Hot Rock Songs, won a GRAMMY® for Best Rock Performance, and achieved RIAA Diamond status. After achieving their first #1 at Alt Radio with "Radioactive," the band immediately repeated this feat with "Demons," marking the first back-to-back #1's for the band, with both songs in the Top 5 simultaneously. NIGHT VISIONS is now 7x platinum in the US alone. 2015's platinum-selling Smoke + Mirrors debuted at No. 1 on the Billboard 200. The 3x platinum-selling album EVOLVE followed in 2017, earning a GRAMMY® nomination for Best Pop Vocal Album and unleashing three No. 1 Alternative radio hits: "Believer," GRAMMY®-nominated "Thunder," and "Whatever It Takes." All three songs were also top 5 hits at Alternative radio. "Believer" was the quickest song to reach #1 for Imagine Dragons, taking only 8 weeks to reach the top of the charts, with "Thunder" following closely in its rise to the #1 spot. With these singles, it marked the second time Imagine Dragons had back-to-back #1s, making Imagine Dragons one of only four bands to ever achieve simultaneous Top 5 singles and the only band to repeat this feat. The band's fourth album and platinum-selling, ORIGINS, debuted atop Billboard's Top Alternative Albums and Top Rock Albums charts, while its lead single "Natural" spent nine weeks at No. 1 at alternative radio.
For their fifth studio album—Imagine Dragons' first new music since 2018—the band teamed up with esteemed producer Rick Rubin. 2021's Mercury — Act 1 debuted in the Billboard 200 top 10 and at No. 2 on Billboard's Top Alternative Albums and Top Rock Albums charts. It also launched the singles "Wrecked," "Cutthroat," and "Follow You," with the latter reaching No. 1 on both Mediabase's Alternative Radio and Billboard's Alternative Airplay charts. "Follow You" marked the band's quickest ascent to the top of that Billboard chart, surpassing the respective seven- and eight-week climbs for "Natural" (2018) and "Believer" (2017). Then came "Enemy." Originally released as the theme to Netflix's Arcane, the hit racked up more than 4.6 billion combined global streams across two versions (including a collaboration with GRAMMY®-nominated, Atlanta-based rapper J.I.D), helping make Imagine Dragons the highest streaming American band in the US in 2021. In 2022, they expanded the world of Mercury with a double album, Mercury – Acts 1 & 2, including the single "Bones," which has gathered over 380 million streams to date, and the accompanying music video has scored 38 million-plus YouTube views. Sorting through personal loss and the biggest existential questions of their career, singer/songwriter Dan Reynolds says the two-part release is about learning to "accept the unknown" and "let go," healing feelings Imagine Dragons are hoping to share with fans as they embark on some of their biggest shows ever this summer.
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SOURCE KIDinaKORNER/Interscope/UMe | https://www.kxii.com/prnewswire/2022/07/28/imagine-dragons-celebrate-10th-anniversary-landmark-debut-album-with-night-visions-expanded-edition-september-9/ | 2022-07-28T17:33:35Z |
DALLAS (KDAF) — Here is a birthday worth celebrating: popular canned pork brand SPAM turns 85 today.
The popular meat option was introduced to the world on July 5, 1937, and quickly rose in popularity after being used in World War II. More than 100 million pounds of SPAM were shipped to feed the allies.
Everyone has an opinion on it. Whether you absolutely hate it or love it, you can’t deny its cultural significance. I mean, who didn’t want to eat some SPAM after watching 50 First Dates.
It can be used in virtually any dish, including tacos, breakfast, and musubi, which explains its cultural impact. Even in the year 2022, SPAM is still a staple in modern cuisine.
- More than 9 billion units of SPAM were sold this year alone.
- 12.8 cans of SPAM are consumed every second.
So, do you like SPAM? Do you think it is a delicious meat option? Or do you think canned meat is gross? | https://cw33.com/lifestyle/food-and-drink/happy-birthday-spam-turns-85-today/ | 2022-07-05T21:51:13Z |
Apple just turned its smartwatch and iPhone into automotive safety device.
On Wednesday during an event to debut the iPhone 14, Apple announced automotive crash detection for the Apple Watch Series 8, new Watch SE with WatchOS 9, and iPhone 14 with iOS 16.
Hardware changes for the Series 8 watch that enable crash detection include a three-axis gyroscope and an accelerometer that can measure force of up to 256 g.
In addition to the new hardware, the watch’s microphone, GPS, and barometer all now take constant readings. The data is fed into machine learning to detect when a car crash happens.
Apple also built crash detection into the iPhone. The phone will work with the Apple Watch’s sensors, but also detect a car crash independently whether an Apple Watch is present or not. Hardware changes to the iPhone 14 to enable crash detection include a high-definition gyroscope and a dual-core accelerometer.
Apple said its been studying front impact, side impact, rear impact, and rollover collisions for years to develop crash detection. The new feature is designed to detect a crash in passenger cars, SUVs, and pickup trucks.
Quick to quell privacy concerns, Apple noted all data is kept local to the hardware and is only processed around the time of the crash.
Apple said the Watch Series 8 will cost $399 for the GPS model and $499 for the cellular model. The new Watch SE will cost $249 for the GPS model and $299 for the cellular model. Orders for both will begin on Wednesday ahead of the launch on Sept. 16.
Set to launch alongside the Watch Series 8, the iPhone 14 will cost $799 with pre-orders starting Friday ahead of the Sept. 16 launch. The larger Plus model will cost $899 and while pre-orders will begin on Friday, those wanting the larger screen will have to wait as it launches on Oct. 7.
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- Farm to asphalt: Bridgestone creates tires with desert shrubs | https://cw33.com/automotive/internet-brands/apple-iphone-14-and-watch-series-8-get-car-crash-detection/ | 2022-09-08T17:00:38Z |
Brosseau’s pinch-hit HR sends Brewers past Cubs for 1st win
By JAY COHEN
AP Baseball Writer
CHICAGO (AP) — Mike Brosseau’s first career pinch-hit homer snapped a tie in the seventh inning, and the Milwaukee Brewers beat the Chicago Cubs 5-4 for their first victory of the season. Willy Adames and Rowdy Tellez also went deep, helping the reigning NL Central champions overcome a shaky performance by starter Freddy Peralta. Christian Yelich had two hits, and Josh Hader pitched a 1-2-3 ninth for his first save. Seiya Suzuki hit his first major league homer for Chicago, and Marcus Stroman pitched five effective innings in his Cubs debut. The Cubs were trying to go 3-0 for the first time since 2016. | https://localnews8.com/sports/ap-national-sports/2022/04/10/brosseaus-pinch-hit-hr-sends-brewers-past-cubs-for-1st-win/ | 2022-04-11T00:38:00Z |
NEW YORK, July 25, 2022 /PRNewswire/ -- Federman Steifman LLP announced today that real estate finance lawyer Brett D. Hoffman joined the firm as Counsel resident in the firm's New York office.
Mr. Hoffman's practice focuses on representing institutional lenders in connection with the origination of mortgage loans secured by multi-family, mixed-use, retail, commercial and industrial properties primarily in New York, New Jersey and Connecticut. Mr. Hoffman routinely represents lenders in connection with interest rate hedging transactions, leasehold mortgages, construction and project loans, co-op and other UCC secured loans, unsecured loans and lines of credit, loan participation and intercreditor agreements and the sale of defaulted loans and loan portfolios. Mr. Hoffman also acts as local New York and New Jersey counsel to out-of-state lenders and law firms in connection with the intricacies of lending in New York and New Jersey.
Mr. Hoffman has additional experience representing clients in connection with the acquisition and disposition of commercial properties, development site assemblages and related §1031 transactions.
"Brett came to us in the most flattering way possible. He was independently recommended to us by several of our mortgage lending clients," said Lee D. Edelson a partner of the firm. "Our practices are so synchronous that at any one time we are already working on several transactions on opposite sides of one another. We are, therefore, very familiar with Brett's business sense, legal acumen and the quality of his client representation and know how closely it matches our own," he added.
"Federman Steifman LLP attracted me with their truly unique blend of practical and creative legal representation on sophisticated transactions with a very keen focus on their clients' business objectives," said Brett D. Hoffman. "It is also very rare, at least in my experience, for both borrowers and lenders on their most significant matters to be seeking the advice of the same firm," he added.
Prior to joining Federman Steifman LLP, Brett D. Hoffman was associated with a smaller boutique real estate finance law firm in New York. Mr. Hoffman's recent engagements include the $91,825,000 financing of a portfolio of 19 mortgage loans secured by multi-family assets located throughout New York City and the origination of $55,200,000 loan secured by a leasehold mortgage on a commercial building in Manhattan.
Mr. Hoffman earned a B.A. in Economics from Binghamton University and is a graduate of St. John's University School of Law where he served as a Senior Staff Member on the St. John's Law Review and Journal of Catholic Legal Studies and received both the Beatrice Levine Award and Timothy J. Meehan Memorial Award for his prowess in Property Law.
Federman Steifman LLP is a law firm founded in 2005 specializing in complex and sophisticated real estate, structured finance and corporate transactions. Federman Steifman LLP's attorneys represent major international, national, regional and local underwriters, investment banks, private equity firms, hedge funds, asset managers, governmental and quasi-governmental agencies, Fortune 500 companies, credit enhancers, pension funds, insurance companies, private, public and institutional real estate owners and developers, contractors, tax credit and other equity syndicators and investors, banks, non-bank credit companies, mortgage bankers, savings and loan associations, mezzanine lenders, preferred equity investors, utility companies, cooperative corporations, condominium associations, telecommunications companies, family limited partnerships, trusts and estates, high net worth individuals, executives and state and local governments.
Federman Steifman LLP is headquartered in New York with offices in Chicago, IL, Washington, D.C., Phoenix, AZ, Denver, CO, Short Hills, NJ and Darien, CT. In 2021, Federman Steifman LLP closed over $9,000,000,000 of real estate financings, sales and acquisitions. For more information, visit www.federmansteifman.com
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SOURCE Federman Steifman LLP | https://www.kxii.com/prnewswire/2022/07/25/real-estate-finance-lawyer-brett-d-hoffman-joins-federman-steifman-llp-new-york-office/ | 2022-07-25T16:07:30Z |
SAN SALVADOR, El Salvador (AP) — Entering in the 80th minute on a rain-soaked field that looked like a torn-up recreational park, Jordan Morris thought back to youth soccer in Seattle.
Morris went on to score in the first minute of second-half stoppage time, offsetting Alexander Larín’s 35th-minute goal past poorly positioned Ethan Horvath and giving the United States a 1-1 draw at El Salvador in a soggy World Cup warmup Tuesday night.
“These are kind of some of the fields I used to play on as a kid,” Morris said. “Being from Seattle, obviously, it’s not the mud — the rain. I love playing in the rain. So I was just embracing that moment. I think the team as a group just embraced the challenge.”
El Salvador was close to ending a 30-year, 19-game winless streak against the U.S. in this CONCACAF Nations League match. Among the players on the bubble for a Cup roster spot, Morris leapt over Larin to head Luca de la Torre’s cross past goalkeeper Mario González seconds into six minutes of stoppage time.
Morris scored his 11th international goal, his first since November 2019 and first since tearing his left ACL in February 2021.
Players were covered in mud soon after kickoff in San Salvador. Both teams finished a man short.
“The group grows with moments like this,” U.S. coach Gregg Berhalter said. “After the game, Jordan Morris walks into the locker room and everyone starts cheering. Everyone’s uniform is a dark brown color, the shoes are a mess, the staff is all dirty. This is what builds teams.”
American winger Paul Arriola was ejected in the 70th, nine minutes after entering, when he made a sliding tackle that caught Larín on a shin and flipped him. Mexico’s César Ramos, among 36 referees selected for the World Cup, immediately showed the first straight red card against an American since Michael Orozco in the 2016 Copa América third-place match against Colombia.
El Salvador’s Ronald Rodríguez was sent off in the 79th for knocking down Yunus Musah as the midfielder tried to run onto a through ball.
Just two warmups remain for the Americans, exhibitions in Europe on Sept. 23 and 27, likely against Asian opponents. The U.S. opens the World Cup against No. 18 Wales on Nov. 21, faces No. 5 England in a Black Friday matchup four days later and finishes the first round against No. 21 Iran on Nov. 29.
Larín scored after Nelson Bonilla crossed from the right attacking flank to the other side of the field. Larín ran down the ball, took a touch and from a wide angle curled the ball around right back Reggie Cannon. Horvath left his near post completely open, and the ball went past him for Larín’s sixth international goal. Horvath was so far away, he barely moved, and his head drooped.
Horvath, competing for three roster spots along with Matt Turner, Zack Steffen and Sean Johnson, made his eighth international appearance and first in a year. It was his first start for club or country since March 20, highlighting the Americans’ most unsettled goalkeeping pool since the 1980s. Steffen (Manchester City), Turner (joining Arsenal next month) and Horvath (Nottingham Forest) all could be club backups when the U.S. gathers in Qatar.
The U.S. had entered with 19 wins, one loss and six draws against El Salvador, the lone defeat at Estadio Cuscatlán in an exhibition on Feb. 19, 1992. El Salvador coach Hugo Pérez was on the field for the U.S. that night.
Cuscatlán was mostly empty with a crowd of 6,313 after being filled with about 29,000 fans for the opening World Cup qualifier against the U.S. last September, a 0-0 draw.
On a night Christian Pulisic captained the U.S. and played with new blond streaks in his hair, Haji Wright started in the latest audition for Cup roster spots at forward in a competition with Jesús Ferreira, Ricardo Pepi, Josh Sargent, Jordan Pefok and Daryl Dike.
“It’s always difficult when players get an opportunity and don’t fully capitalize on it,” Berhalter said. “It’s not nice for a coach. It’s not nice for the player. It’s not nice for the group. We were all rooting for Haji to be a force. We purposely played more direct in the first half because we thought he could be the force that would unsettle them. And it just wasn’t his night tonight. That doesn’t rule him out for anything in the future. We don’t work like that.”
NOTES: Berhalter is planning a training camp for Major League Soccer players after their teams get eliminated, perhaps having youth national team players join to fill out the group. He also will talk to MLS teams about load management.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/morris-stoppage-time-goal-gives-us-1-1-draw-at-el-salvador/ | 2022-06-16T01:09:14Z |
MIAMI (AP) — A federal appeals panel has thwarted an ally of Venezuelan President Nicolas Maduro’s attempts to be recognized as a foreign diplomat, leaving it to a lower court to decide for now whether he is immune from prosecution.
The Eleventh Circuit Court of Appeals panel did not rule Monday on the merits of businessman Alex Saab’s argument that his detention, during a refueling stop on his way to Iran, violated U.S. law and numerous international treating protecting diplomats.
Instead, it said it was an issue best decided by the Miami federal judge overseeing the criminal case against Saab, meaning that it could still take up the matter at a later date.
“The parties did not have the opportunity to fully develop the record, and the district court did not have the opportunity to weigh the evidence, concerning Saab Moran’s claim,” the appeals panel said in its brief ruling, “Accordingly, we remand the case to the district court to consider in the first instance whether Saab Moran is a foreign diplomat and immune from prosecution.”
Saab’s attorneys have argued that he was traveling to Iran as a duly appointed special envoy of Maduro’s socialist government when he was arrested on a U.S. warrant nearly two years ago in Cape Verde. They’ve produced letters to Iran’s supreme leader by Maduro’s foreign minister and a diplomatic note from Iran’s Embassy in Caracas backing their claim.
But prosecutors have cast doubt on the authenticity of those documents and point out that the State Department has never accepted Saab’s supposed status as diplomat. Indeed, in 2019, the U.S. recognized opposition leader Juan Guaidó as Venezuela’s legitimate leader, although more recently the Biden administration has taken steps to engage with Maduro, who has clung to power in the face of severe U.S. oil sanctions.
“This is a ruse set up by a rogue nation to evade criminal prosecution,” Jeremy Sanders, an attorney with the Justice Department in Washington, said during a hearing last month.
Attorneys for Saab did not comment on the ruling.
U.S. officials maintain Saab was among a cohort of insiders who reaped huge windfall profits from dodgy contracts to import food while millions in the South American nation starved. He was indicted in Miami in 2019 on money laundering charges connected to an alleged bribery scheme that pocketed more than $350 million from a low-income housing project for the Venezuelan government.
Maduro’s officials consider Saab a “kidnapping” victim and have tried to rally popular support in Venezuela to demand his freedom. At the time of his arrest, they said he was on a humanitarian mission to Iran to negotiate the purchase of food, which has become more difficult to import as U.S. sanctions have cut off Venezuela’s ties to the western financial system, exacerbating an economic collapse marked by years of hyperinflation, electricity blackouts and widespread shortages.
Maduro led supporters to chants of “Free Alex Saab” at a rally Sunday in Caracas to commemorate May Day.
But it’s not clear Saab remained loyal to the government that made him rich.
Recently unsealed court records show that in the years prior to his arrest Saab had been an “active law enforcement source” helping agents from the Drug Enforcement Administration and Federal Bureau of Investigation investigate allegations of bribery of top Venezuelan officials. As part of that cooperation, he also agreed to surrender profits obtained as part of the dirty dealings.
In an April 2019 meeting with U.S. prosecutors in Europe, the two sides discussed having Saab surrender on May 30 of that year, according to a summary of events contained in court records. But the deadline passed and Saab never showed up, having ended all communication with U.S. officials, according to the court record. He was indicted a few weeks later.
___
Follow Goodman on Twitter: @APJoshGoodman | https://cw33.com/news/international/ap-international/appeals-court-thwarts-maduro-allys-claim-of-diplomat-status/ | 2022-05-03T11:07:16Z |
NEW YORK, July 5, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE: TUP) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 22-cv-04976, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Tupperware securities between November 3, 2021 and May 3, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Tupperware securities during the Class Period, you have until August 15, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Tupperware operates as a consumer products company worldwide. The Company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On May 4, 2022, Tupperware announced its financial results for the first quarter of 2022. Among other items, Tupperware reported adjusted earnings per share from continuing operations and net sales that fell well short of consensus estimates and withdrew its full year 2022 guidance and named a new Chief Financial Officer. The Company attributed the poor performance to the conflict in Russia and Ukraine. However, when pressed by analysts on a conference call, the Company acknowledged that Russia and Ukraine only accounted for 2% of its revenue.
On this news, Tupperware's stock price fell $5.76 per share, or 32.16%, to close at $12.15 per share on May 4, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/07/06/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-tupperware-brands-corporation-class-action-lawsuit-upcoming-deadline-tup/ | 2022-07-06T04:21:50Z |
Only Study to Provide Nation-wide Estimates of Local Food Insecurity
Adds Analysis by Race and Ethnicity
CHICAGO, July 20, 2022 /PRNewswire/ -- For the twelfth year, Feeding America has published its landmark research study, Map the Meal Gap, which once again finds that food insecurity exists in all 3,143 counties and county equivalents as well as 436 congressional districts in all 50 states and the District of Columbia. Map the Meal Gap is the only study that provides local-level estimates of food insecurity and food costs across the United States. This year's study, which provides data for 2020, for the first time includes food insecurity rates for several racial and ethnic groups at the local level and reveals that disparities can vary greatly by population and place.
"Every community in this country experiences food insecurity, but we do not all experience it the same way. These data provide the most complete picture available, and we know behind these data are people and communities who will be impacted by the changes we must make to ensure no one goes hungry," said Tom Summerfelt, PhD, Chief Research Officer of Feeding America. "It is only by understanding the realities of food insecurity within our communities that we can truly address them. Map the Meal Gap provides incredible insights and data and is available to everyone so that people facing hunger, policymakers, and community leaders can come together and craft policies that increase food access for all."
The U.S. Department of Agriculture (USDA) Household Food Security in the United States in 2020 report found that 38 million people, including nearly 12 million children lived in food insecure households. Map the Meal Gap uses the most recent data from USDA, the Census Bureau, Bureau of Labor Statistics and food price data and analysis provided by NielsenIQ to estimate food insecurity and related statistics at the county and sub-county level. Map the Meal Gap shows that though food insecurity exists in every county, the percentage of the population estimated to be food insecure ranges from a low of 3% in Bowman County, North Dakota up to nearly 30% in places like Holmes County, Mississippi. Child food insecurity rates range from less than 1% in Falls Church City, Virginia to 46% in East Carroll Parish, Louisiana.
Of the 38 million people experiencing food insecurity in the U.S., 15.2 million are white, 11.1 million are Latino, 9.5 million are Black, and 2.4 million are Native Americans, Asian American and Pacific Islanders or multiple races. While nearly 40% of the food insecure population in the U.S. is white, Black, Native American, and Latino individuals are 2 to over 3 times more likely to live in food insecure households. Among counties where data are available to compare, food insecurity among Black and Latino individuals is higher than among white, non-Hispanic individuals in nearly every case. These disparities range in magnitude. In some places, Black and Latino individuals experience food insecurity at a rate over 10 times that of white, non-Hispanic individuals.
"Map the Meal Gap provides invaluable data to help better illuminate racial and geographic disparities. That in one county, one group experiences hardship at a rate ten times higher than another group should be an awakening. Still, we know that there are other groups, such as Native Americans and Asian American and Pacific Islanders, for which data are not available that also are underserved," Summerfelt continued. "To address these gaps, federal and state surveys must invest in adequately sampling and collecting food insecurity data that can be disaggregated in meaningful ways. If we do that, with that knowledge, communities can be better equipped with the tools necessary to support their neighbors in need."
Other key findings of Map the Meal Gap include:
- 9 out of 10 high food insecurity counties are rural: Rural counties – those outside of major metropolitan areas – make up 63% of all U.S counties, but 87% of counties with food insecurity rates in the top 10% of all 3,142 counties.
- 8 out of 10 high food insecurity counties are in the South: An estimated 82% of counties with the highest rates of food insecurity are in the South, though the South comprises less than half of all U.S. counties.
- The national average cost per meal was $3.25: The national average cost per meal, a measure based on weekly food expenditure data from the Census Bureau Current Population Survey as reported by individuals who are food secure, was $3.25 in 2020, up slightly from 2019.
- 1 in 3 people facing hunger are unlikely to quality for SNAP: SNAP (Supplemental Nutrition Assistance Program) is the first line of defense against hunger, yet availability can vary in part by state income thresholds, which range from 130% to 200% of the federal poverty line (between $36,075 to $55,500 for a family of four as of January 2022). As such, county estimates indicate that, on average, 1 in 3 individuals who live in food-insecure homes may not be eligible for SNAP.
Dr. Craig Gundersen, Snee Family Endowed Chair at the Baylor Collaborative on Hunger and Poverty and a Professor in the Department of Economics at Baylor University and a member of Feeding America's Technical Advisory Group is the lead researcher of Map the Meal Gap. The study is supported by Conagra Brands Foundation and NielsenIQ.
"Conagra Brands Foundation is proud to support Feeding America and its network of food banks in raising awareness of food insecurity. Map the Meal Gap is a vital annual resource that now also documents the disproportionate impact that food insecurity has on communities of color. It is our hope that this national research continues to drive vital conversations about the prevalence of hunger in America and informs meaningful actions that increase consistent access to nutritious food for people in all communities," said Robert J. Rizzo, Senior Director, Community Investment, Conagra Brands and Conagra Brands Foundation.
"At NielsenIQ, we are committed to promoting inclusive and sustainable economic growth for all, including people experiencing food insecurity. Our comprehensive datasets play a critical role in helping Feeding America achieve their mission of increasing access to nutritious food for all. Nutritious food is expensive, and the higher cost of healthy foods often put them out of reach for low-income populations, many of which are disproportionately communities of color. We believe that retailers and manufacturers have a duty to implement business strategies to solve food inequities and help make food more accessible to millions of Americans," said Kymberly Graham, Vice President and Head of Diversity Initiatives, NielsenIQ, a global measurement and data analytics company.
Map the Meal Gap also reports on food price variation across counties and the study finds that county meal costs range from 68% of the national average in places like Llano County, Texas ($2.19) up to three times the national average in Pacific County, Washington ($10.61), with most high food insecurity counties seeing around two times the national average. For a household struggling to afford housing, utilities, transportation and other necessities, the additional burden of high food prices can have a significant impact on a household's budget – important to note especially as the country is experiencing record inflation not seen in 40 years.
Map the Meal Gap provides the following data online through an interactive map:
- The estimated prevalence of food insecurity among the overall and child population for every U.S. state, county, and congressional district, as well as the service area of each Feeding America food bank.
- The estimated food insecurity prevalence for Black, Latino, and white communities where sufficient sample sizes have allowed estimates to be generated.
- The percentage of the food-insecure population who likely qualifies for SNAP and other federal nutrition programs.
- The percentage of the food-insecure population who likely does not qualify for federal nutrition programs and thus must rely even more on charitable food assistance. These percentages reflect individuals in households with earnings that are higher than the state gross income limits for federal nutrition programs.
- The average meal cost in every state and county.
- The food budget shortfall in every state and county.
Map the Meal Gap was awarded the 2021 Policy Impact Award by the American Association for Public Opinion Research. The full suite of Map the Meal Gap research from Feeding America allows policymakers, state agencies, corporate partners, food banks and advocates to develop integrated strategies to fight hunger on a community level.
To explore the various research tools and briefs available from Feeding America, visit feedingamerica.org/research.
Feeding America® is the largest hunger-relief organization in the United States. Through a network of more than 200 food banks, 21 statewide food bank associations, and over 60,000 partner agencies, food pantries and meal programs, we helped provide 6.6 billion meals to tens of millions of people in need last year. Feeding America also supports programs that prevent food waste and improve food security among the people we serve; brings attention to the social and systemic barriers that contribute to food insecurity in our nation; and advocates for legislation that protects people from going hungry. Visit www.feedingamerica.org, find us on Facebook or follow us on Twitter.
Contact
Zuani Villarreal, Feeding America
(312) 641-6532
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SOURCE Feeding America | https://www.mysuncoast.com/prnewswire/2022/07/20/new-study-feeding-america-shows-extensive-disparities-food-insecurity-county-level/ | 2022-07-20T18:24:21Z |
OSLO, Norway, Aug. 11, 2022 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: BORR) advises that the Company will hold a Special General Meeting on August 25, 2022. The Board of Directors has fixed the close of business on August 11, 2022 as the record date for determination of the shareholders entitled to attend and vote at the Special General Meeting or any adjournment thereof. A copy of the Notice of Special General Meeting and Form of Proxy (the "Notice") and associated information can be found on the Company's website at http://www.borrdrilling.com and attached to this press release. The Notice and associated information will also be distributed to shareholders by normal distribution methods.
Existing shareholders holding an aggregate of approximately 54% of the outstanding common shares of the Company have undertaken to vote in favor of the increases in authorized share capital at the special general meetings on August 16, 2022 and August 25, 2022.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
CONTACT:
Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208
This information was brought to you by Cision http://news.cision.com
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SOURCE Borr Drilling Limited | https://www.wibw.com/prnewswire/2022/08/11/borr-drilling-limited-notice-special-general-meeting-shareholders/ | 2022-08-11T16:53:15Z |
Biden to address inflation in White House remarks
(Gray News) - President Joe Biden will deliver remarks on inflation Tuesday as the White House looks to further address one of the key economic concerns for voters heading into November’s midterm elections.
The remarks come as the Federal Reserve has called inflation one of the biggest issues facing the global economy.
Russia’s war in Ukraine and surging inflation have supplanted the coronavirus pandemic as the top global financial threats, the Fed said Monday.
The remarks were issued in the Fed’s semiannual Financial Stability Report, which highlights areas of concern to central bankers.
In an effort to cool inflation, the Fed last week raised its key interest rate by a half-percentage point, with more rate hikes likely to come.
In addition, gas prices have soared to new highs, according to Gas Buddy.
Despite soaring prices, consumers are still spending, so economists don’t expect a recession anytime soon.
Copyright 2022 Gray Media Group, Inc. All rights reserved. CNN Newsource and The Associated Press contributed to this report. | https://www.wibw.com/2022/05/10/biden-address-inflation-white-house-remarks/ | 2022-05-10T14:52:08Z |
BEIJING, Sept. 1, 2022 /PRNewswire/ -- JacobioPharma (1167.HK) announced that the company has dosed the first non-small cell lung cancer (NSCLC) patient with KRAS G12C and STK11 co-mutation in the Phase IIa trial of KRAS G12C inhibitor JAB-21822 in China.
JAB-21822 is a KRAS G12C inhibitor independently developed by Jacobio utilizing the allosteric inhibitor technology, which is now used as the front-line treatment for advanced or metastatic NSCLC patients with KRAS G12C and STK11 co-mutation.
In China, there are approximately 40,000 new patients with tumors harboring KRAS G12C mutation every year. STK11 is an in-parallel biomarker of KRAS G12C. According to relevant studies, non-small cell lung cancer patients with STK11 and KRAS G12C co-mutation receiving KRAS G12C inhibitor treatment have a higher objective response rate in clinical study.
"JAB-21822 is the first and only clinical stage drug approved for first-line treatment of STK11 and KRAS G12C co-mutated non-small cell lung cancer in China. JAB-21822 is independently developed by Jacobio, which has potential to bring better treatment options to patients based on efficacy and safety," said Dr. WANG Yinxiang, Chairman and CEO of Jacobio.
JAB-21822 is the best-in-class potential project for KRAS G12C inhibitors. The preliminary clinical date of the Phase I study of JAB-21822 published at the 2022 annual meeting of American Society of Clinical Oncology (ASCO) shows that as of April 1, 2022, a total of 72 patients with advanced solid tumors were enrolled, and efficacy was assessed for 32 NSCLC patients with KRAS G12C mutation. The overall response rate (ORR) was 56.3% (18/32) and the disease control rate (DCR) was 90.6% (29/32).
Currently, JAB-21822 is simultaneously undergoing clinical trials for monotherapy and combination therapy in China, the United States and Europe, including the monotherapy for NSCLC with KRAS G12C mutation, pancreatic ductal carcinoma and colorectal cancer; the combination therapy with EGFR monoclonal antibody; and the combination therapy with JAB-3312, a self-developed SHP2 inhibitor of the Company.
About JAB-21822
JAB-21822 is a KRAS G12C inhibitor independently developed by the Company. The Company has initiated a number of Phase I/II clinical trials in China, the United States and Europe for patients with advanced solid tumors, including monotherapy for STK11 co-mutated non-small cell lung cancer in the front-line setting; combination therapy with SHP2 inhibitor, anti-PD-1 monoclonal antibody and Cetuximab.
About Jacobio
Jacobio Pharma (1167.HK) is committed to developing and providing new and innovative products and solutions to improve people's health. Our pipeline revolves around novel molecular targets on six major signalling pathways: KRAS, immune checkpoints, tumor metabolism, P53, RB and MYC. We aim for our key projects to be among the top three in the world. Our vision is to become a global leader recognized for our impact in drug R&D together with our partners. Jacobio has R&D centers in Beijing, Shanghai and Boston with our Induced Allosteric Drug Discovery Platform (IADDP) and our iADC Platform.
Please visit us at www.jacobiopharma.com
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SOURCE Jacobio Pharma | https://www.mysuncoast.com/prnewswire/2022/09/02/jacobio-completes-first-dose-iia-clinical-trial-jab-21822-kras-g12c-stk11-co-mutation-china/ | 2022-09-02T11:01:36Z |
RADD's Highly Sought-After Inner Circle Opening Doors For The First Time in Four Months
TAMPA, Fla. and LOS ANGELES, Aug. 21, 2022 /PRNewswire/ -- RAD Diversified ("RADD") is pleased to announce the re-opening of its elite Inner Circle program for a select number of new members.
RADD's exclusive Inner Circle was launched in 2015 as a way for interested real estate investors to partner with RADD on select properties and opportunities. RADD will host a live webinar for all interested investors on the August 22 at 7pm EST.
"Our Inner Circle is the upper echelon of our business. It's the top investment tier of RADD. We launched the program in 2015 at the urging of our shareholders and other stakeholders who wanted a way to invest directly alongside us in choice real estate opportunities," explains Co-founder and CEO Dutch Mendenhall.
"During our upcoming live event, we'll discuss the state of the real estate, offer a Q&A, and also highlight some of our recent success stories," Mendenhall continued. "Examples like our Inner Circle member Kitson, who turned a $20,000 investment into more than $90,000 partnering with us on a property in Big Bear, California."
"What we are most proud of with Inner Circle is the track record. Since launching it over seven years ago, not a single Inner Circle member has lost a penny on any deal they've participated on. We realize – and value – how special this is," added Co-founder Amy Vaughn.
Participation in Inner Circle is strictly limited to ensure a truly bespoke experience to each member.
Registration must be made in advance HERE, and an application must be completed prior to entry.
About RAD Diversified:
RAD Diversified is a real estate investment company that offers multiple ways to invest in residential, commercial, construction, and farmland real estate assets.
Our RADD REIT adjusts its share price quarterly based on changes in the underlying net asset value of its portfolio of assets. Since inception, RAD Diversified REIT and Companies have amassed over $100,000,000 in diverse property assets. View our offering circular here
Additional information on RADD can be found at its website.
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SOURCE RAD Diversified | https://www.wibw.com/prnewswire/2022/08/21/rad-diversified-announces-upcoming-inner-circle-limited-opening/ | 2022-08-21T16:06:08Z |
Whistleblower alerted FDA to alleged safety lapses at baby formula plant months before recalls, complaint shows
By Brenda Goodman and Jacqueline Howard, CNN
A former employee of Abbott Nutrition documented his concerns that the company was hiding safety problems at its Sturgis, Mich., production facility and sent a detailed complaint to the US Food and Drug Administration months before infant formula was removed from grocery store shelves.
The complaint was released Thursday by Rep. Rosa DeLauro, D-Connecticut, the chair of the House Appropriations Committee. The congresswoman said she had received the complaint this week and called its allegations “extremely disturbing.”
Abbott recalled three popular brands of powdered infant formula in February after reports that four infants drinking formula manufactured at the facility had fallen ill with rare and serious infections caused by Cronobacter sakazakii bacteria. Two of the babies died. Production at the facility was halted and remains paused.
In an April 15 statement posted to the company’s website, Abbott said it was working closely with the FDA to restart operations at the plant.
The former employee, who worked at Abbott Laboratories’ Sturgis site, stated that he saw records falsified “on multiple occasions,” and in most situations, information was not disclosed when it should have been.
For instance, according to the complaint, the employee reported observing events that were understated or inaccurately described “to limit or avoid oversight” and the “failing to maintain accurate maintenance records.”
After several samples of a batch of infant formula were found to contain microorganisms, or “micros,” the whistleblower claims that the plant performed a time code removal, in which formula produced around the same time as the contaminated samples was discarded, but formula produced outside of those time codes was released to be sold without additional testing to make sure it was safe for consumption.
In 2020, the complaint says, product wasn’t recalled from the market even after management became aware of a problem with the integrity of the packaging, an issue that the whistleblower said should have caused the manufacturer to take the product off shelves and conduct more testing.
“Abbott takes employee concerns very seriously and we foster a culture of compliance to produce the best and highest-quality formula,” the company said in a statement Thursday. “We empower our employees to identify and report any issues that could compromise our product safety or quality, which comes before any other considerations.
“With regard to the document released by Congresswoman Rosa DeLauro (D-Conn.) this former employee was dismissed due to serious violations of Abbott’s food safety policies. After dismissal, the former employee, through their attorney, has made evolving, new and escalating allegations to multiple authorities. Abbott is reviewing this new document and will thoroughly investigate any new allegations.”
The complaint says the employee was fired for raising safety concerns.
“Others also raised concerns, some with management but more often among colleagues at the Sturgis site. Given the overriding fear of retaliation, few were as outspoken as the Complainant,” according to the complaint. “Ultimately despite an admirable employment record at Abbott and elsewhere, Complainant was terminated based upon his repeated elevation of compliance concerns.”
The document says the man’s termination is being investigated by the Occupational Safety and Health Administration.
The complaint also says that managers may have been “sanitizing” files before they reached FDA inspectors. “Active efforts were undertaken and even celebrated during and after the 2019 FDA audit to keep the auditors from learning of certain events believed to be associated with the discovery of micros in infant formula at the Sturgis site,” the document says. It goes on to claim that the Sturgis site has continued to permit lax practices around cleaning.
“I am deeply concerned about the practices at this Abbott facility and their apparent failure to implement and enforce internal controls at this facility,” DeLauro said in a statement read into the record of an Appropriations Committee hearing. “We need to know exactly who in the company was aware of this failure and the alleged attempts to hide this information from the FDA.
“I am equally concerned that the FDA reacted far too slowly to this report,” DeLauro said, noting that the agency had received the whistleblower’s statement in October but did not interview the man until December and did not do an in-person inspection of the Sturgis facility until January.
DeLauro has asked the inspector general of the US Department of Health and Human Services to scrutinize the FDA’s response.
The FDA responded to questions from CNN about the pace of its response with a statement:
“We know there have been questions about the timeline related to the Abbott Nutrition infant formula recall. However, this remains an open investigation with many moving parts. Our top priority is ensuring that any recalled product produced at the Sturgis, Mich. facility has been removed from the market. We are continuing to investigate and will continue to update our consumer alert should additional consumer safety information become available.
“Once the immediate risk to the public has been addressed, we will conduct a review and, as outlined in our recently released Foodborne Outbreak Response Improvement Plan, we will build in performance measures across the FDA’s foods program to better evaluate the timeliness and effectiveness of outbreak and regulatory investigation activities,” the statement says.
Cronobacter infections in infants are almost always caused by drinking contaminated powdered baby formula. Cronobacter can be introduced during manufacturing but also after containers of formula are opened at home.
Formula types included in the recall include Similac Sensitive, Similac Pro-total Comfort, Similac Advance, and Similac PM 60/40, Alimentum and EleCare.
Abbott Nutrition is also the exclusive supplier for many state WIC programs. WIC, or Special Supplemental Nutrition Programs for Women, Infants, and Children, supplies food to low-income mothers and their young children.
Inspection reports obtained by CNN through a US Freedom of Information Act request revealed numerous deficiencies at the facility. FDA testing found Cronobacter sakazakii bacteria on equipment in the plant.
In a preliminary assessment, the FDA determined that Abbott did not take steps to prevent products from becoming contaminated during manufacturing.
In a statement posted on its website in March, Abbott said it is reviewing the FDA’s observations. “We’re taking this seriously and are working closely with the FDA to implement corrective actions.”
“It is important to note that no Cronobacter sakazakii or Salmonella was found in any of our testing of products distributed to consumers. Additionally, the unique genetic makeup of the Cronobacter sakazakii microbes found in non-product contact areas at the Sturgis facility did not match the Cronobacter sakazakii microbes from the reported cases,” the statement says.
Abbott added in Thursday’s statement, “A thorough review of all available data indicates that the infant formula produced at our Sturgis facility is not likely the source of infection in the reported cases and that there was not an outbreak caused by products from the facility.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/28/whistleblower-alerted-fda-to-alleged-safety-lapses-at-baby-formula-plant-months-before-recalls-complaint-shows/ | 2022-04-29T01:56:25Z |
HAMILTON, Bermuda, July 13, 2022 /PRNewswire/ -- The Government of Bermuda (the "Government") announced today the final results of its previously announced offers to purchase for cash (the "Tender Offers") its outstanding 4.138% Senior Notes due 2023 (the "2023 Notes") and 4.854% Senior Notes due 2024 (together with the 2023 Notes, the "Existing Notes").
The Tender Offers expired at 5:00 p.m. (New York City time) on July 12, 2022 (the "Expiration Time"). The terms and conditions of the Tender Offers are set forth in the Offer to Purchase, dated July 6, 2022 (the "Offer to Purchase").
The table below sets forth the aggregate principal amount of each series of Existing Notes validly tendered at or prior to the Expiration Time and accepted for purchase pursuant to the Tender Offers.
Upon the terms and subject to the conditions set forth in the Offer to Purchase, payment for Existing Notes accepted for purchase will be made on the Settlement Date, which is expected to occur on July 15, 2022 (the "Settlement Date"). Holders whose Existing Notes are accepted for purchase in the Tender Offers will also receive any accrued and unpaid interest on their Existing Notes from, and including, the last interest payment date for such Existing Notes to, but excluding, the Settlement Date ("Accrued Interest"). Accrued Interest will be payable on the Settlement Date. Settlement of the Tender Offers is conditioned, among other things, on the closing of an offering of new notes by the Government (the "New Notes Offering"), which is intended to be consummated prior to or concurrently with the Tender Offers.
The Government reserves the right, in its sole discretion, to not accept any tender for any reason or to extend, re-open, amend or terminate the Tender Offers, in its sole discretion.
The Dealer Managers for the Tender Offers are:
Questions regarding the Tender Offers may be directed to the Dealer Managers at the above contacts.
The Tender and Information Agent for the Tender Offers is Global Bondholder Services Corporation.
Holders of Existing Notes are urged to read the Offer to Purchase carefully. Any questions or requests for assistance in relation to the Offer to Purchase may be directed to the Dealer Managers at their respective telephone number set forth above or to the holder's broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Tender Offers. Requests for additional copies of the Offer to Purchase may be directed to the Tender and Information Agent at the address and telephone number set forth above.
This release shall not be construed as an offer to purchase or a solicitation of an offer to purchase any of the Existing Notes or any other securities.
The Tender Offers were not made 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. None of the Government, the Bank of New York Mellon as trustee for each series of Existing Notes, the Dealer Managers or the Tender and Information Agent makes any recommendation as to whether or not holders should tender their Existing Notes pursuant to the Tender Offers.
This press release contains "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Government, to be materially different from any future results or performance expressed or implied by such forward-looking statements. These statements are based on certain assumptions and analyses the Government has made in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors believed to be appropriate in the circumstances. The Government cautions you that a number of important factors could cause actual results and developments to differ materially from those contained in any forward-looking statement. The information contained in this press release identifies important factors that could cause such differences. The Government undertakes no obligation to update any of its forward-looking statements.
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SOURCE The Government of Bermuda | https://www.kxii.com/prnewswire/2022/07/13/government-bermuda-announces-expiration-final-results-its-tender-offers/ | 2022-07-13T13:04:42Z |
Top Workplaces recognizes the most progressive companies in Minnesota based on employee opinions measuring engagement, organizational health, and satisfaction.
MINNEAPOLIS, June 21, 2022 /PRNewswire/ -- Pioneer Management Consulting has been named one of the Top 200 Workplaces in Minnesota by the Star Tribune and received the Communications Excellence Award.
Top Workplaces recognizes the most progressive companies in Minnesota based on:
- Employee opinions
- Employee engagement
- Employee satisfaction
- Organizational health
Pioneer ranked fourth out of 75 in the small business category, and received the Communication Excellence Award, for creating a space where employees can be seen and heard and kept up to date on company initiatives and vision, amongst other efforts that create a culture of inclusivity and belonging.
"We are humbled and honored to have received this award. The entirety of Team Pioneer is to thank for creating an amazing culture and truly living out our core values; humble, hungry and connected. Our people and values are what makes Pioneer a great place to work. You see it, and feel it, in the way that we make decisions, work alongside one another, and serve our clients and communities."
Sarah Holum, Chief People Office
The analysis included responses from over 79,000 employees at over 4,000 Minnesota public, private and nonprofit organizations. The rankings are based on survey information collected by Energage, an independent company specializing in employee engagement and retention. Rankings were composite scores calculated purely based on employee responses.
Pioneer was founded in 2009 in Minneapolis, MN by Brian Westerhaus, to create local jobs in service to the companies we admire– a consulting experience that is strikingly better for all. Joined by Partners Molly Koenen and Lane Elmer, Pioneer continues to experience rapid growth with 54 employees, an expansion into Denver, CO, and being recognized in 2021 as a MN Fast 50 awardee.
Pioneer serves some of the world's most reputable organizations in Minnesota and Colorado, that have complex transformation projects planned or underway. It applies its proven solutions, with a ton of heart and hustle, through each of our four disciplines:
- Business Strategy
- Business Operations
- Organizational Change
- Data Analytics
Pioneer's core values: humble, hungry, and connected, serve as the compass for how it approaches its work and talent, and the lens through which all its decisions are filtered.
Media Contact
Rachele Hepburn
Director of Marketing
Email: rachele.hepburn@thepioneerteam.com
Cell: 612-708-3028
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SOURCE Pioneer Management Consulting | https://www.mysuncoast.com/prnewswire/2022/06/21/pioneer-management-consulting-recognized-4-star-tribune-top-200-workplaces/ | 2022-06-21T17:56:53Z |
Kenseth, McGriff and Shelmerdine join NASCAR Hall of Fame
By STEVE REED
AP Sports Writer
CHARLOTTE, N.C. (AP) — Drivers Matt Kenseth and Hershel McGriff and crew chief Kirk Shelmerdine have been selected to the NASCAR Hall of Fame. Mike Helton was named the Landmark Award winner for outstanding contributions to the sport Wednesday during a ceremony at the NASCAR Hall of Fame. The group will officially be inducted into the Hall of Fame on Jan. 20. Kenseth was a first ballot selection, Shelmerdine was voted in on his third try and McGriff his seventh. Kenseth and Shelmerdine were voted in on the modern day ballot, while McGriff made it in on the pioneer ballot. | https://localnews8.com/sports/ap-national-sports/2022/05/04/kenseth-mcgriff-and-shelmerdine-join-nascar-hall-of-fame/ | 2022-05-04T22:45:42Z |
Wearing Olympic medal in court, boxer Oshae Jones defends herself against charge of resisting arrest
TOLEDO, Ohio (WTVG/Gray News) - More than a dozen people rallied outside of a Toledo courtroom Tuesday morning in support of Olympian Oshae Jones.
Jones was back in court Tuesday, wearing the bronze medal she won at the Tokyo Olympics.
She faces charges of resisting arrest, failure to disperse, and obstructing official business charges, all of which she has pleaded not guilty.
Both sides agreed to a continuance in the case to get more video discovery to each side.
Jones was arrested last month near her home after officers broke up what they called “a large scene of people participating in a course of disorderly conduct,” according to the affidavit.
Officers allege that Jones failed to obey their orders and began resisting arrest by pulling away from officers as they tried to handcuff her.
The rally and court appearance come after Jones’ lawyers asked the City of Toledo for a public apology and to dismiss the charges against her last week.
Just days later, Toledo police released body camera footage of the arrest showing an officer striking her in the head.
Toledo police won’t release additional details or reports regarding the incident at this time during the internal affairs investigation.
“The incident is still under investigation; therefore, per collective bargaining agreements, we are unable to make a statement at this time,” a Toledo police spokesperson said Thursday.
Rallygoers criticized the police response to the arrest with signs reading “inappropriate behavior,” “accountability,” and “sad to see use of force just because you can.”
You can watch the full, unedited body camera footage of the arrest here.
Jones is due back in court on Sept. 27.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/30/wearing-olympic-medal-court-boxer-oshae-jones-defends-herself-against-charge-resisting-arrest/ | 2022-08-30T23:32:21Z |
CHICAGO, Sept. 8, 2022 /PRNewswire/ -- Zekelman Industries announced today that it is nearing completion of its newest state-of-the-art facility constructed to produce a wide range of galvanized tubular products for the electrical, fence, solar tracker and solar foundation markets. It is located just west of Chicago in Rochelle, IL, a city known as the "Hub City," with great access to rail and major interstate routes. This facility is the company's 18th factory. It has 1 million square feet under roof, including four in-line galvanizing tube mills with capacity to exceed 300,000 tons annually and an automated hot-dip galvanizing line capable of production in excess of 100,000 tons annually. The facility will support Wheatland Tube, Western Tube and Picoma customers.
This facility utilizes cutting-edge technology for both in-line and hot-dip galvanizing operations. Barry Zekelman, chairman and CEO, said, "Our engineering efforts on the front end were focused on the goal to build a world-class facility that sets the standard for safety, quality and productivity, while ensuring sustainable manufacturing practices." When fully operational, these mills will be the fastest in the world, feeding directly into the factory's automated warehouse to deliver the highest quality products and solutions to customers.
Tom Muth, executive vice president and COO of the tube and pipe division, indicated, "While initial production has already started on two of the high-speed in-line galvanization mills, we will be working through the end of this year to complete installation and commissioning. We couldn't be prouder of our dedicated team and network of contractors who are making this happen, along with the support we have received from the City of Rochelle."
Full operations are set to commence in January of 2023. The company is currently hiring, with plans to add another 150 employees by December 2022.
Zekelman Industries includes the operating divisions of Atlas Tube, Picoma, Sharon Tube, Wheatland Tube, Western Tube and Z Modular. It is the largest independent manufacturer of hollow structural sections (HSS) and steel pipe, and the top producer of electrical conduit and elbows, couplings and nipples in North America. Zekelman Industries delivers a broad range of pipe and tube solutions that build its customers' success.
For more information, visit zekelman.com
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SOURCE Zekelman Industries | https://www.wibw.com/prnewswire/2022/09/08/zekelman-industries-nears-completion-most-technically-advanced-galvanized-tube-manufacturing-facility-north-america/ | 2022-09-08T20:12:57Z |
Mitra Chem produces U.S.-made LFP cathodes that beat the performance of state-of-the-art materials currently made in China and powering electric vehicles
Company Set to Begin US-based Commercial Production by 2025
MOUNTAIN VIEW, Calif., Sept. 16, 2022 /PRNewswire/ -- Mitra Chem, one of the only U.S. producers of iron-based Lithium Iron Phosphate (LFP) cathodes, today announced that it has begun shipments of its commercial-grade LFP materials to a tier 1 global battery cell manufacturer for customer approval and qualification. The company produced the proprietary battery product materials out of its 15,000 sq ft Mountain View based facility where the company has been able to create an LFP cathode with performance exceeding industry standard materials produced primarily in China. Accomplishing these samples within an accelerated timeline of just four months was made possible by deploying the proprietary machine learning algorithms that the company's co-founders developed.
The passage of the Inflation Reduction Act has supercharged demand for U.S. made battery materials by offering consumer tax credits tied to domestically manufactured material usage. The company today said it has additional requests for samples to cover the next seven months including nearly every global Tier 1 battery cell maker and multiple household name automotive OEMs.
"EV manufacturers and cell-makers want U.S.-made LFP cathodes and they want it now. Mitra Chem is one of the only companies outside China that has the plans and capability to produce these cathodes at scale. We have heard the feedback from customers and are rapidly scaling to meet this tremendous surge in demand," said CEO Vivas Kumar.
The company also announced today that it is set to begin commercial production by 2025.
As Tesla and other battery and electric vehicle companies move to better, safer, cheaper iron-based battery cathodes such as lithium-iron-phosphate (LFP), nearly 100% of industrialized iron-based cathode manufacturing still occurs in China today. Mitra Chem will provide a critically needed alternative by building the first US-based large-scale LFP cathode production.
For more information visit https://www.mitrachem.com
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SOURCE Mitra Chem | https://www.wibw.com/prnewswire/2022/09/16/mitra-chem-announces-shipment-first-lab-tested-approved-us-made-lithium-iron-phosphate-lfp-cathode-samples-tier-1-global-battery-cell-manufacturer/ | 2022-09-16T11:07:20Z |
Targets large market of over 2000 CSPs in U.S. and Canada, enables them to stay competitive by transforming their legacy infrastructure and delivering high-growth cloud services
RALEIGH, N.C. and PLEASANT GROVE, Utah, June 22, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, and Alianza Inc., the only cloud-native communications platform built for service providers, today announced a partnership to accelerate cloud migration for communications service providers (CSPs). Together, Bandwidth's network platform and APIs, along with Alianza's full-stack CSP platform, will enable CSPs to transform their legacy infrastructure and remain competitive by offering high-growth, cloud-based voice, messaging and videoconferencing services. The partnership already serves more than 50 CSP customers in the U.S. and Canada.
CSPs represent a large estimated market of more than 2000 telecom carriers, cable companies and fiber and wireless broadband operators that own their own networks and have strong, long-standing relationships with local businesses and residential customers. However, they face increasing threats from over-the-top providers eroding their customer base by selling direct. To remain competitive and differentiate their retail offerings, CSPs must migrate their legacy softswitches and other end-of-life infrastructure to the cloud. However, it's a complex challenge that is best solved with the help of expert partners like Alianza and Bandwidth.
According to a Gartner® report, "Most CSPs have identified partnerships as an essential strategy element to support their growth goals, particularly as they face commoditization of traditional services and seek to diversify revenue streams and build customer-centric value."(1)
Together, Alianza and Bandwidth offer a partnership solution for CSPs that is practical, cost-effective and eliminates the complexity and expense of maintaining existing legacy systems. With a 12-year history of specializing in the CSP category, Alianza has built the industry's only cloud-native, carrier-grade communications platform specifically for CSPs. In the partnership, Alianza has integrated with Bandwidth's universal platform and APIs to help CSPs rapidly deploy high-growth cloud communications services such as feature-rich voice, messaging, videoconferencing and emergency services to local homes and businesses–while also simplifying operations and increasing agility. Bandwidth and Alianza will go to market in a "sell with" model in which they pursue potential customers both jointly and independently.
"The CSP space is an important new growth category in our strategy to power the communications move to the cloud," said Sandy Preizler, Bandwidth's Chief Revenue Officer. "Alianza has been visionary in giving CSPs a new way to remain competitive through speed-to-market with new cloud-based services. We're excited to strengthen our long-time relationship through this partnership to enable CSPs to deliver mission-critical cloud communications with very attractive economics."
"Service providers' legacy communications networks are some of the last bastions of old-school software that haven't moved to the cloud. That's changing in real time," said Brian Beutler, Alianza's Chief Executive Officer. "Together, Alianza and Bandwidth are leading the charge and ushering in a new era of cloud communications in which CSPs can innovate, compete and win."
Find out more: alianza.com/partners/bandwidth or https://www.bandwidth.com/partners/alianza.
1 Gartner, "10 Must-Have Capabilities for CSP Partner Ecosystems for Composable Products," by Susan Welsh de Grimaldo, 25 October 2021 - ID G00742588.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. All other marks are the property of their respective owners.
About Bandwidth Inc.
Bandwidth (NASDAQ: BAND) is a global communications software company that helps enterprises connect people around the world with cloud-ready voice, messaging and emergency services. Backed by a network reaching 60+ countries covering 90 percent of global GDP, companies like Cisco, Google, Microsoft, RingCentral, Uber and Zoom use Bandwidth's APIs to easily embed communications into software and applications. Bandwidth has more than 20 years in the technology space and was the first Communications Platform-as-a-Service (CPaaS) provider offering a robust selection of APIs built on our own global network. Our award-winning support teams help businesses around the world solve complex communications challenges every day. More information is available at bandwidth.com.
About Alianza Inc.
Alianza delivers the only true cloud-native, carrier-grade communications platform built for service providers. Our proprietary full-stack cloud communications platform offers wholesale residential and business communications services, including voice, video conferencing, collaboration, text messaging, and standalone UC softphones. Our team of experts are passionate about transforming communications delivery and ensuring first-rate customer experiences for more than 200 service providers worldwide. As a result of the platform's exceptional quality and always-on availability, our service providers can innovate quickly and address the evolving demands of their end user customers in a way that is easy to manage, easy to consume, and highly profitable. Learn more about our solutions at alianza.com and follow us on LinkedIn and Twitter.
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SOURCE Bandwidth Inc. | https://www.wibw.com/prnewswire/2022/06/22/bandwidth-alianza-announce-partnership-accelerate-cloud-migration-communications-service-providers/ | 2022-06-22T12:44:04Z |
Vanessa Bryant, left, is seen leaving the federal courthouse in Los Angeles on August 19. Closing arguments are underway August 23 in Bryant's civil rights lawsuit against Los Angeles County that is centered on the photos taken by first responders of the helicopter crash site that killed her husband, NBA legend Kobe Bryant, and daughter Gianna, along with seven others.
Closing arguments are underway Tuesday in Vanessa Bryant's civil rights lawsuit against Los Angeles County that is centered on the photos taken by first responders of the helicopter crash site that killed her husband, NBA legend Kobe Bryant, and daughter Gianna, along with seven others.
Bryant, along with co-defendant Chris Chester, whose wife and daughter were also among the crash victims, assert that sharing the photos violated their right to privacy and that failing to contain the spread of the images inflicted emotional distress.
Bryant claims that photos of the January 2020 crash were shared by county fire and sheriff's department employees in settings irrelevant to the investigation, including at a bar.
The trial is taking place more than 2 1/2 years since Kobe, his 13-year-old daughter and seven other people died in a helicopter crash in Calabasas, California.
The final witness to testify, county Fire Capt. Dennis Breshears, bolstered the plaintiff's position that while site photography may have a general purpose, the close-up photos of human remains taken by Captain Brian Jordan and shared with some members of the fire department served no purpose for fire response.
"You would agree Captain Jordan's photos amounted to visual gossip?" Breshears was asked. "I would agree," he said.
Jordan showed "not only a lack of regard for the privacy of (the victims) ... it violated our organization's ethics, the policies we uphold. It jeopardized that," Breshears said.
The county maintains those policies were in place and should not have been violated by some of its employees, thus not making it culpable for individual employees' actions.
Bryant broke down at times as she testified Friday that she still experiences panic attacks and anxiety over the possibility of seeing photos from the crash.
Witnesses included a deputy who said he showed graphic images from the scene while at a bar, another deputy who said he shared photos while playing a video game, a deputy who sent dozens of photos to someone he didn't know, and a fire official who showed the images to other personnel during an awards ceremony cocktail hour.
Closing arguments, including rebuttals, are expected to last about three hours.
On Tuesday, Bryant posted an Instagram message for Kobe, wishing him a happy birthday on what would have been the basketball star's 44th birthday.
"Happy birthday, baby! I love you and miss you so much," she wrote.
Filed in September 2020, the lawsuit seeks undisclosed damages, claiming civil rights violations, negligence, emotional distress and violation of privacy.
Atlanta is one of the most exciting frontiers for contemporary film. Giggster explores five Atlanta filming locations from celebrated action films. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/closing-arguments-underway-in-vanessa-bryants-lawsuit-against-l-a-county-over-crash-scene-photos/article_0559e2a0-3085-5a0a-ba18-5b035c1c1777.html | 2022-08-23T21:53:23Z |
INDIVA TO BRING DIME'S INNOVATIVE VAPE BRAND PORTFOLIO TO CANADA
LONDON, ON, April 19, 2022 /PRNewswire/ - Indiva Limited (the "Company" or "Indiva") (TSXV: NDVA) (OTCQX: NDVAF), the leading Canadian producer of cannabis edibles, is pleased to announce that it has entered into a licensing and manufacturing agreement (the "Agreement") with California-based Dime IndustriesTM Inc. ("Dime") to bring its innovative vape brand portfolio to Canada. Following on Indiva's success in producing and distributing the top selling chocolates and gummies in Canada, the launch of Dime products in Canada will expand Indiva's portfolio to include innovative vape products, incorporating proprietary hardware and cannabis formulations. The initial term of the Agreement is for five years, with the Agreement automatically renewing for three additional five-year terms.
Dime's headquarters is based in Orange County, California. Founded and led by Mike Marz, Dime is one of the leading producers of cannabis vape products in the United States. Dime's vape portfolio includes ten different flavours, each of disposable and 510 thread carts, as well as multiple flavours of live resin carts. Dime currently manufactures and distributes its products in California, Arizona and Oklahoma, where it is legally permissible to do so under applicable state laws.
"We are delighted to partner with Dime to bring their innovative brand of proprietary, high-quality vape products to the Canadian market," said Niel Marotta, Chief Executive Officer of Indiva. "This is our first entrance into the vape category in Canada, and we could not be more excited about the quality of our chosen licensing partner and their products. Indiva distributes products to all 13 provinces and territories in Canada, and remains committed to growing its top-line and market share organically in Canada -adding vapes to our portfolio of award-winning products is expected to help Indiva accomplish just that. We are very excited to bring Dime vape products to Canadian cannabis enthusiasts."
"Dime Industries and its entire team are excited and eager to serve the Canadian market with our new partners at Indiva," said Mike Marz, Founder and Chief Executive Officer of Dime.
Indiva intends to begin production of Dime vape products in Canada as soon as possible, with initial deliveries to provincial wholesalers targeted for Q3 2022.
Dime IndustriesTM is founded and led by cannabis pioneer Mike Marz. Based in Orange County, California, Dime manufactures and distributes vape products which incorporate proprietary hardware and cannabis formulations. Dime also manufactures extract products. Dime products are currently available in California, Arizona, and Oklahoma, with multiple new markets anticipated to be added in 2022. Dime –Think Higher.
Connect with Dime on Instagram, Facebook, or on their website — http://www.dimeindustries.com/
Indiva sets the standard for quality and innovation in cannabis. As a Canadian licensed producer, Indiva produces and distributes award-winning cannabis products nationally, including Bhang® Chocolate, Wana™ Sour Gummies, Slow Ride Bakery Cookies, Jewels Cannabis Tarts, Ruby® Cannabis Sugar, Grön edibles, Dime IndustriesTM vape products, as well as capsules, pre-rolls and premium flower under the INDIVA and Artisan Batch brands. Click here to connect with Indiva on LinkedIn, Instagram, Twitter and Facebook, and here to find more information on the Company and its products.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in any way passed upon the merits of the contents of this news release and neither of the foregoing entities accepts responsibility for the adequacy or accuracy of this news release or has in any way approved or disapproved of the contents of this news release.
Certain statements contained in this news release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the parties' current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this news release contains forward-looking information relating to, among other things, the Company's future operations, future results, future product offerings (including the timing of the introduction of new product offerings) and compliance with applicable regulations. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the parties. The material factors and assumptions include the parties being able to maintain the necessary regulatory and other third parties' approvals and licensing and other risks associated with regulated entities in the cannabis industry, future sales, the demand for the Company's products and cannabis products generally and the continued operations of the Company in the ordinary course. The forward-looking information contained in this news release is made as of the date hereof and the Company is not obligated to, and does not undertake to, update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions inherent in forward-looking information, investors should not place undue reliance on forward looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
All information contained in this news release with respect to Indiva and Dime was supplied by the respective party for inclusion herein, and each party and its directors and officers have relied on the other party for any information concerning the other party.
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SOURCE Indiva Limited | https://www.wibw.com/prnewswire/2022/04/19/indiva-signs-exclusive-licensing-manufacturing-agreement-with-dime-industries/ | 2022-04-19T22:08:42Z |
NEW YORK, June 10, 2022 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Dentsply Sirona, Inc. ("Dentsply" or the "Company") (NASDAQ: XRAY) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Dentsply securities between June 9, 2021 and May 9, 2022, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/xray.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.
The Complaint alleges that throughout the Class Period, Defendants touted its "go-tomarket strategy" and "more sophisticated and strategic incentive plans" as drivers of the Company's success. Dentsply also assured investors that it complied with Generally Accepted Accounting Principles ("GAAP") and maintained adequate internal controls over financial reporting, yet the Company announced revenues and earnings that were inflated by the improper recognition of revenue. As a result of these misrepresentations, Dentsply stock traded at artificially inflated prices throughout the Class Period.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/xray or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Dentsply you have until August 1, 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.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC | https://www.mysuncoast.com/prnewswire/2022/06/10/bronstein-gewirtz-amp-grossman-llc-notifies-dentsply-sirona-inc-xray-investors-with-losses-exceeding-1-million-class-action-encourages-investors-contact-firm/ | 2022-06-10T14:36:56Z |
Full service DSO doubles footprint over just two years, on pace for 50+ offices in 2022
TREVOSE, Penn., July 15, 2022 /PRNewswire/ -- Simply Beautiful Smiles, one of the fastest growing dental service organizations on the East Coast, announced it has now surpassed forty office locations, more than doubling the Company's footprint over just two years. By partnering with the highest quality clinical talent in select markets that enjoy demographic and demand advantages, Simply Beautiful Smiles has expanded its reach from its origins in the Philadelphia metropolitan area to support dentists and patients from Virginia to upstate New York.
The Trevose, Pennsylvania headquartered, full service DSO now boasts a presence in five states (Pennsylvania, New Jersey, Maryland, New York and Virginia). Its latest acquisitions, both in Maryland – Dr. Bradley Olson's "Smile Images" practice in Waldorf and the practice of Dr. Kevin Doring in Edgewater – mark Simply Beautiful Smiles' 40th and 41st locations. The company is on pace to comprise more than 50 individual offices by the close of 2022.
Tim North, President & CEO, Simply Beautiful Smiles, said, "Simply Beautiful Smiles believes in elevating the dentistry experience for both patients and practitioners through an approach that is patient-centric, doctor-focused and staff-driven. Our aggressive growth trajectory is matched only by our practitioners' vision to deliver high quality dental health services through relatable and easily accessible services in their home communities."
Simply Beautiful Smiles was recently named a "Top DSOs to Watch in 2022" by Becker's Dental + DSO Review.
In addition to the company's growth-oriented trajectory, it is also greatly improving the dental experience for both its patients and clinical partners by making investments in new technologies, accepting new payment and insurance methods, consolidating back-end operations, expanding laboratory capabilities and creating employee incentive programs and mentorships for both doctors and office staff.
"Patients looking for a dental service provider focused on their overall health needs will find a wonderful experience for their families with Simply Beautiful Smiles. And doctors who share that philosophy who are looking to join a network of likeminded colleagues can find a home here as well," North said.
Simply Beautiful Smiles
Founded in 2000 by doctors who subscribe to the simple premise that every person deserves to have beautiful smile, Simply Beautiful Smiles believes in elevating the dentistry experience for both patients and practitioners through an approach that is patient-centric, doctor-focused and staff-driven. The company comprises more than 40 office locations run by doctors and hygienists with decades of experience across a full complement of practices including general dentistry, periodontics, endodontics, pediatric dentistry, oral surgery, orthodontics and sleep apnea treatment. The company also features multiple ADA compliant practices that focus on the treatment of hearing-impaired patients and those with limited mobility.
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SOURCE Simply Beautiful Smiles | https://www.wibw.com/prnewswire/2022/07/15/simply-beautiful-smiles-surpasses-40-offices-accelerating-growth/ | 2022-07-15T13:35:12Z |
First vehicle partnership for Supernal underscores strategic importance of accelerating battery technology
WASHINGTON and FARNBOROUGH, U.K., July 20, 2022 /PRNewswire/ -- Supernal and Electric Power Systems, Inc. (EP Systems) today announced a partnership to accelerate development and production of safe, lighter-weight and certifiable eVTOL vehicle batteries. The emerging industry leaders formalized their agreement during a ceremony held at the Farnborough International Airshow, resulting in the first vehicle partnership for Supernal.
The partnership aim is to enable the introduction of commercial eVTOL vehicle flights and support increasing enhancements to vehicle performance as the AAM market matures. Supernal, which is part of Hyundai Motor Group, plans to work within an "open ecosystem" model that will address the niche technology needs of AAM.
"Advanced Air Mobility requires an expansive value chain and many aspects – from battery power to digital infrastructure and passenger experience – require improvements and cross-chain integration to enable progress," said Jaiwon Shin, President of Hyundai Motor Group and CEO of Supernal. "We are excited to work with Electric Power Systems and develop game-changing technologies that will revolutionize air travel and increase human possibility."
Supernal will continue growing its network of battery talent and partners to drive power, energy, charging time and cycle life improvements that will lead to longer, more affordable eVTOL vehicle flights. Learn more about batteries from Supernal here.
"We are pleased to partner with Supernal as it seeks to democratize flight and create a new, sustainable transport category," said Nate Millecam, president and CEO of Electric Power Systems. "Supernal's long-term perspective and comprehensive approach to codeveloping the Advanced Air Mobility space has enabled it to be viewed as an industry thought leader and savvy partner of choice."
EP Systems' experience has given the company a broad perspective on the electric evolution taking place throughout aviation. All-electric aircraft need high-density energy storage. By harnessing advancements in battery power and material technology, EP Systems' unique battery management system provides an elevated solution.
Current EP Systems customers include NASA, the Federal Aviation Administration, Boeing, Safran, Bell Textron, Diamond Aircraft, VoltAero, Aura Aero and Embraer.
Supernal's eVTOL vehicle cabin concept is on display at the Farnborough International Airshow (Exhibit Hall 1, Pioneers of Change, Booth 1307). Click here to follow the Company's on-site activities.
About Supernal
Supernal (Su·per·nal) is a U.S.-based advanced air mobility company, developing a commercially viable eVTOL vehicle to the highest commercial aviation standards and working to responsibly co-create the supporting ecosystem and integrate it with existing transit options. As part of Hyundai Motor Group, we are both a new business and an established company, with plans to harness our automotive heritage to revolutionize air travel and make advanced air mobility accessible to the masses. Visit www.supernal.aero for more information and follow us on Twitter and LinkedIn.
About Electric Power Systems
EP Systems provides high-power, scalable and certifiable powertrains for electrified aviation. It develops energy storage systems, DC (direct current) fast-charging stations, and electric propulsion products for the aerospace, defense, automotive, marine and industrial traction industries. EP Systems has numerous battery systems currently powering manned and unmanned aircraft (e.g., Diamond eDA-40, NASA X-57, Aurora Flight Sciences Pegasus, Embraer Ipanema and Boeing CAV). Advanced features, such as its patented, lightweight containment box, produce safer battery systems have resulted in a perfect safety record in field. Visit www.epsenergy.com for more information and follow us on LinkedIn, Facebook, and our Aviation Renaissance Podcast.
Contacts
Jennifer Darland
Communications & Brand, Supernal
jennifer.darland@supernal.aero
Andre Carter
Communications & Brand, Supernal
acarter@supernal.aero
Abbie Bean
Marketing & Communications, EP Systems
abbie.bean@ep-sys.net
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SOURCE Supernal | https://www.kxii.com/prnewswire/2022/07/20/supernal-electric-power-systems-partner-advance-evtol-battery-capabilities/ | 2022-07-20T12:37:18Z |
Straight Talk: Is that free cruise really free?
Better Business Bureau serving Canton Region and Greater West Virginia offers tips and advice for consumers to avoid fraudulent practices.
Now that consumers have begun traveling again, it's likely that phone calls, texts or emails offering "free" vacations have also begun.
The promise of a free cruise or all-inclusive trip sounds enticing, but is it free? Before the packing begins, understand that you know exactly what is free and what the additional costs are.
Consumers should understand that because a cruise or travel company advertises a vacation as “free,” it does not necessarily mean the trip is entire without cost or restrictions. Watch for add-on fees for air transportation to the port, port charges, taxes, tips, and other undisclosed fees.
Tips to decipher if offers are really a deal
BBB offers the following tips to consumers receiving phone calls, text messages, mailers, or emails about free cruises:
• Research the company by searching the internet and contacting BBB. Check the company’s BBB Business Profile at BBB.org.
• Ask for references of people who have been offered and taken a similar cruise and contact them.
• Read any contract carefully before signing or paying any money. Understand the company’s refund policy in the event you are not satisfied with the service.
• Ask for the location of the corporate headquarters, check it out to make sure it is an actual address, and the business is located there.
• Read any fine print for mandatory attendance at a timeshare or vacation club presentation.
• Consider any fees that are required to claim your trip. Does it still feel “free”? Do the fees seem reasonable? Any trip or prize that requires a wire money transfer should be suspicious. If you do choose to pay fees and claim the prize, pay with a credit card in case you need to challenge the charge.
Red flags
1. If you are proclaimed the winner of a drawing and don't recall or have proof of the drawing, ask questions.
2. The trip sounds incredible, however, there is a suspicious catch to it such as a mandatory presentation, referral program, or some other catch.
3. Anytime someone says you must accept the offer now or it's gone forever, walk away or hang up the phone.
MORE INFORMATION – You can, and should, check out the company's reviews and complaints history on BBB.org. | https://www.cantonrep.com/story/lifestyle/2022/07/10/straight-talk-free-cruise-really-free/7824043001/ | 2022-07-10T15:42:58Z |
Think EVs are becoming normal?
Turning heads inside and outside, and flaunting equal parts tech leading edge and design oddity, the 2023 BMW iX is anything but conventional. And, as I found in a recent week with the iX, this kind of weirdness grew on me.
The BMW iX pairs some of the advanced material smarts and the battery and electric propulsion braintrust of the BMW i3 with a more conventional shape that families can relate to. All of the iX’s considerations for keeping its structure light and strong have allowed for two important themes in this big SUV: A nimble driving feel, and the opportunity to pack in more battery—and driving range.
It almost delivers on all those things. The nimble feeling is pretense; really, it’s far more tuned for comfort and ride than for sharp handling. It’s not the kind of ride and handling other U.S. BMW models even offer, but in this one case, the iX casts the net of appeal wide.
Looking past all the levels of quirky—which I’ll get to shortly—the iX easily makes the honor roll as an electric vehicle. It packs all the pieces of BMW’s in-house-engineered fifth-generation EV propulsion system, including a 105.2-kwh pack, with prismatic cells set into modules. The dual-motor system makes a combined 516 hp and 564 lb-ft of torque in our test xDrive50i. The rear motor not only has a higher output than the front (335 hp and 295 lb-ft of torque, versus 268 hp and 250 lb-ft of torque); it’s geared significantly lower than the front for stronger launch characteristics, while the system can depend more on the front motor in cruising.
Keep ‘i’ weird?
First, the design-oddity part. From its perplexingly big, bold face to its incongruous surfacing, quirky frameless doors, and visible carbon-fiber body pieces, the iX makes no aim at universal appeal and “normal.” It’s for those who want The Future to look like nothing else, and to pack all kinds of technology that makes it collectively feel like nothing else.
BMW’s ‘i’ franchise of electric cars has been a little hard to follow, and the iX is a completely different kind of vehicle than the i4 hatchback. The iX follows in some of the footsteps of the urban-focused i3—albeit with double the weight, and a mother lode of visual and functional non sequiturs. The profile, stance, and proportions are just fine. But the tall, blunt snout and giant textured faux grille—surfaced with self-healing solid plastic—catches a bevy of bugs on highway trips but doesn’t fit a frunk. Thin taillights and a bulbous look in back don’t match the front (or sides) and don’t seem to have any continuity to anything previous hatch or SUV from BMW or i. Its profile is attractive and nicely proportioned from the side; the combination of the floating roof and the surfacing down below just feel like several ideas thrown at a wall.
The longer you look it, the less it makes sense. So get inside.
And then you know what? It’s pretty great. It has the best luxury interior in a larger, fully electric SUV, I’d say, once you get used to some of the interface niggles and a continued onslaught of different-for-different’s-sake. Yes, you’ll get your hackles up over some of the details, but they’re almost all things that I warmed up to over the course of a week.
The iX continued to throw me curve balls in the way that it won me and other passengers over. It really oozes quiet solidity. It’s warmly adorned and feels truly luxurious for five. Front footwells span across the cabin, with a center console sitting as an island in just the right position to act as an armrest without getting in the way of the middle position in back. Getting in and out is easy and head and leg room are more than abundant for all. Seats fold easily, and there’s good cargo space, too, with a tray area underneath a firm floor divider.
The frameless doors give the iX some of the design panache of a coupe—it’s the first BMW SUV to get them, and I suppose we can be glad BMW didn’t attempt a version of the i3’s suicide-door layout. But the execution of iX doors is strange whether you’re inside or outside. While they offer an excellent seal from wind noise, their mechanisms (inside and outside) proved finicky, and you have to learn the pacing of them. Further, the Comfort Access feature, which locks and unlocks the doors automatically, was on high alert, locking the car even when I walked around to the charge port to plug it in.
Efficiency on multiple fronts
The iX is built around an aluminum space-frame body, incorporating carbon fiber reinforced plastic (CFRP) for strength and rigidity in specific places—like around the doors and hatch, where they’re visible—without adding too much extra weight. Its approximately 5,700 lb is portly compared to many gasoline SUVs, but somewhat slimmer than comparable EVs, even while packing more battery.
Considering the space and the comfort, the BMW iX is remarkably efficient. After a full charge, I did about five and a half hours and 253 miles of touring, a mix including about 85 miles of 65-75-mph freeway driving, and the remainder on two-laners, climbing from about 500 feet up to 4,000 feet elevation and back down.
That included a mix of modes, too, with some Eco-mode driving on the highway, as well as some aggressive Sport-mode driving. Summer temperatures were exceptionally warm for Portland—running in the mid-80s to upper 90s for much of the time I had the iX—and I didn’t spare any use of the climate control.
At the end of that, I still had 20% remaining. And according to the iX it amounted to an average 3.0 mi/kwh—better than I’ve seen in similar driving with a number of smaller EVs.
Charging is steady and quick enough
Plugging into an Electrify America 150-kw connector, I went from 20% to 60% charge in exactly 20 minutes—recovering about 125 miles of range—with the charge power jumping almost immediately to a peak of 141 kw and settling gradually to 118 kw by the time I unplugged. The iX isn’t the fastest-charging, but it’s steady and kept to its original time prediction—and that’s important.
My test iX totaled $101,020, and one of its many options was the $1,600 Dynamic Handling Package, which adds a rear air suspension, adaptive dampers, and rear-wheel steering. The iX’s rear-wheel steering makes it feel like a much smaller vehicle to maneuver, and in tight city streets the hair-trigger maneuverability back and forth is useful and precise if you have both hands on the wheel but a little touchy and nervous-making if you’re looking back on a toddler. I speak from firsthand experience.
All those underpinnings make the iX sound like it’s going to be a back-road stormer. It is, in a way, but it’s not inspiring. As I selected Sport mode and took the iX on a heaving country road with oddly banked corners and hairpins, the iX went comfortably numb. It was very hard to get a sense of how much grip there was and to tell how connected it was with the road. It held on tenaciously, but didn’t feel rewarding, and in this backroad route that I take with a lot of cars, it was one of the most composed yet rapid I can recall.
Fast but not fun
I’m happy with everything but the steering. Braking is well-blended and stops are precise, and the entire powertrain feels well in tune with the iX’s dynamics and body motion, responding sharply with power when and where needed, and quietly.
The iX offers four modes for brake regeneration, including adaptive, high, medium, and low. I found the medium regen setting to be about perfect in a wide range of uses—most leisurely city and suburban driving, in which I only stepped on the brake near the end of a stop—and I only looked to dial it up when I was really cooking along on a backroad and wanted to be dabbing less between the accelerator and brake.
There is, by the way, a sound-supplementation system that name-drops Hans Zimmer, and that you might find inspiring for your drive—if you want your passengers to leave with the impression that, in Sport, your $100,000 SUV sounds like your console driving games. You can turn that off.
Even then, on the outside, in a parking lot or driveway, the iX sounds like it has an engine under the hood, because the climate control, which is under the hood, is so loud whenever you approach the vehicle with the keyfob in your pocket.
A jewel box of space
Inside, the iX is a whole lot of practical—even though details like its jewel-like seat adjustment controls might scream out otherwise. There’s true space for five adults—or four plus a child seat, with room to spare. Cargo capacity is 35.5 cubic feet with the rear seatbacks up or 77.9 cubic feet with them folded forward. A long, shallow tray below the cargo floor helps keep items safe and out of sight, and there’s lots of space for any grocery stockup.
The iX has no frunk. There’s no way to pop the hood, just a windshield-washer filler beneath the BMW emblem.
The interface itself isn’t eccentric, but it’s more complex than it needs to be. A configurable gauge cluster sits in 14.9 inches of screen space, while at the center of the dash and canted toward the driver is a 12.3-inch touchscreen that reminds me of a billboard on a hillside in the way it’s mounted atop the steep dash.
BMW’s iDrive 8 gives you lots of redundancy, and the home screen is straightforward enough, but finding special functions involves not the tree-structure menu you might have become familiar with in BMWs past, but sifting through a screen full of app icons instead. Is the latter really better?
Steering a hex
One of the things I warmed up to in the iX is the weird, initially off-putting hexagonal steering wheel. Engaging the Driving Assistant Professional system—adaptive cruise control plus active lane assist—you can place one hand or both on the flat bottom and quickly flip them up to the side when your attention is warranted. It is a better idea than the yoke, all around.
So where is the iX’s element? We struggled with that—and even by the end of the week didn’t have a clear answer. If anything, this is one of the most efficient, contented long-distance cruisers among the electric SUVs, despite some mixed messaging.
No, it’s not normal. But everything about the iX as an electric vehicle excels; everything about it as a luxury vehicle does, too. It’s all the pieces in between—the styling, the handling, hardware—that confound. And if they keep growing on you, maybe this is the one.
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- Are regulators focusing too much on EV sales and not enough on retiring ICE vehicles? | https://cw33.com/automotive/internet-brands/review-2023-bmw-ix-is-charmingly-offbeat-delivers-on-range-ratings/ | 2022-08-02T23:14:50Z |
Five Florida men affiliated with a militia group called “B Squad” have been arrested on charges that they joined a mob’s attack on the U.S. Capitol, disrupting Congress from certifying President Joe Biden’s 2020 electoral victory, federal authorities said Wednesday.
“B Squad” members stormed the Capitol on Jan. 6, 2021, while wearing riot gear and armed with metal batons, knives, chemical spray and walking sticks, according to an FBI agent’s affidavit. Group members joined the mob in a “heave-ho” push against police officers trying to secure a tunnel on the Lower West Terrace, the affidavit says.
Officers ultimately repelled the mob after more than two hours of violence inside the tunnel. More than 100 police officers were injured at the Capitol on Jan. 6.
The FBI says the five defendants charged together are self-identified adherents to the “Three Percenters” militia movement, which refers to the myth that only 3% of Americans fought in the Revolutionary War against the British. The men are members of a group called Guardians of Freedom and a subgroup called “B Squad,” according to an FBI agent’s affidavit.
A criminal complaint charges four of the defendants with a felony count of interfering with a law enforcement officer during a civil disorder. They are Benjamin Cole, 38, of Leesburg; John Edward Crowley, 50, of Windermere; Brian Preller, 33, of Mount Dora; and Jonathan Rockholt, 38, of Palm Coast.
They and a fifth defendant — Tyler Bensch, 20, of Casselberry — also are charged with misdemeanor counts of entering and remaining in a restricted building or grounds and disorderly and disruptive conduct in a restricted building or grounds.
Crowley, Rockholt and Bensch were arrested in Florida, where a federal magistrate judge ordered them released after their initial court appearances Wednesday. Attorneys for the three men didn’t immediately respond to emails seeking comment.
Cole was arrested in Louisville, Kentucky. Court records didn’t immediately list an attorney for him.
Preller was arrested in Hardwick, Vermont, and ordered released after his initial court appearance in Rutland. A lawyer for Preller declined to comment on the charges.
A flier sent to “B Squad” members two weeks before the riot advertised a “March for Trump” bus trip to Washington for the “Stop the Steal” rally on Jan. 6, according to the affidavit. It says the flier encouraged Guardians of Freedom members to “deploy” and help protect people at the rally, where then-President Donald Trump addressed a crowd of supporters.
A man identified by the FBI only as “B Leader” coordinated the group’s travel from Florida to Washington and reserved a block of rooms at a hotel near Capitol. He, the five defendants charged in the complaint and approximately 40 other “B Squad” members stayed on the same floor of the hotel on the eve of the riot, the FBI says. “B Leader,” who isn’t one of the five arrested defendants, also spoke at a rally at Washington’s Freedom Plaza on Jan. 5, 2021, according to the affidavit.
More than 850 people have been charged with federal crimes for their conduct on Jan. 6. The Justice Department says more than 260 defendants have been charged with assaulting or impeding law enforcement at the Capitol.
Nearly 400 Capitol riot defendants have pleaded guilty or been convicted by a judge or jury after trials. More than 240 have been sentenced, with roughly half of them getting terms of incarceration ranging from seven days to over seven years.
___
For full coverage of the Capitol riot, go to https://www.apnews.com/capitol-siege | https://cw33.com/news/politics/ap-politics/ap-fbi-5-militia-members-charged-with-storming-capitol/ | 2022-08-25T12:04:06Z |
- ONE's anode-free cell is the first to deliver 1007 Wh/L into a large format prismatic can cell
- The anode-free cell technology surpasses industry-leading energy density, while lowering costs of the Gemini battery pack by eliminating the need for graphite and anode cell manufacturing equipment
- ONE's Gemini dual-chemistry architecture has opened a straightforward path to widespread use of anode-free cells by reducing cycle life and peak power requirements by 90%
NOVI, Mich., Sept. 13, 2022 /PRNewswire/ -- Our Next Energy (ONE), a Michigan-based energy storage company, today unveiled a 240-Ah prismatic anode-free cell after a successful 12-month R&D effort. The company believes its anode-free cell is the highest energy density large-format cell ever produced. The breakthrough technology will enable the commercialization of ONE's Gemini™ dual-chemistry architecture, which will be integrated into a BMW iX prototype vehicle later this year.
ONE's first-generation 1007 Wh/L cell eliminates the need for graphite and anode manufacturing equipment, enabling $50 per kWh cell cost at scale. "Our prismatic anode-free cell is produced with approximately half of current cell manufacturing equipment for equivalent capacity, allowing us to sharply reduce scale-up cost," said Mujeeb Ijaz, founder and CEO of ONE.
Anode-free cells typically have low cycle life compared to conventional cells, which has not made them viable in an automotive setting. ONE's Gemini dual-chemistry architecture has opened a straightforward path to widespread use of anode-free cells by reducing cycle and peak power requirements by 90%. Gemini pairs more standardized LFP and anode-free chemistries into one battery pack, enabled by the company's proprietary DC-DC converter. This allows each specialty chemistry to focus on different functions: LFP for daily driving, and anode-free to extend range for long distances. This combined system is expected to deliver more than 250,000 miles of lifetime service.
"Scaling 100x from a 2 Ah pouch cell to a 240 Ah prismatic in less than 12 months is a testament to the simplicity of the design and ability to use conventional Li-ion production equipment," said Dr. Steven Kaye, ONE Chief Technical Officer. "We are moving faster than the fastest research programs that I have been a part of. Gemini will reach volume production in 2026 accelerating electric vehicle adoption by delivering 600 miles of range in a wide range of vehicle platforms, including trucks and SVUs."
ONE will showcase its anode-free cell and Gemini battery architecture technology at The Battery Show in Novi, MI on September 13-15.
For more information, visit one.ai/anode-free
Our Next Energy, Inc. (ONE) is a Michigan-based energy storage company focused on battery technologies that will radically accelerate the adoption of electric vehicles and expand the possibilities of next-level storage solutions. Our vision is simple: Double the range of electric vehicles; use safer, more sustainable raw materials; and establish a localized supply chain. This strategy will result in a reliable, cost-effective, and conflict-free supply chain.
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SOURCE Our Next Energy Inc. | https://www.kxii.com/prnewswire/2022/09/13/one-reveals-1007-whl-anode-free-cell-that-enables-600-mile-gemini-battery-architecture/ | 2022-09-13T04:59:02Z |
As recession fears grow, strong US hiring is likely slowing
WASHINGTON (AP) — The American job market has defied raging inflation, rising interest rates, growing recession fears. Month after month, U.S. employers just kept adding hundreds of thousands of workers, often beating forecasters’ expectations.
But now economists worry that signs of weakness are starting to turn up in hiring, threatening one of the United States’ last remaining redoubts of economic strength. Job openings are down, and the number of Americans signing up for unemployment benefits is up.
“When we look across the labor market, we are seeing broad indications of cracks beginning to show,’’ said Sarah House, senior economist at Wells Fargo. “Overall conditions aren’t nearly as strong as what we were seeing three to six months ago.’’
The Labor Department reports on Friday how many jobs were created in July and whether the super-low U.S. unemployment rate has begun to tick higher.
Forecasters, on average, expect the economy to have picked up another 250,000 jobs last month, according to a survey by the data firm FactSet. That would be a solid number in normal times but would mark a big deceleration for 2022: Employers have been hiring an average 457,000 workers a month so far this year.
The unemployment rate is expected to stay at 3.6% — just off a 50-year low — for the fifth straight month.
The job news will have political implications, too: Worries about high prices and the risk of recession are likely to weigh on voters in November’s midterm elections, potentially making it tougher for President Joe Biden’s Democrats to keep control of Congress.
The economic backdrop is troubling: Gross domestic product — the broadest measure of economic output — fell in both the first and second quarters; consecutive GDP drops is one definition of a recession. And inflation is roaring at a 40-year high.
The job market’s continued strength — especially the low jobless rate — is the main reason most economists don’t believe a downturn has started yet, though they increasingly fear that one is on the way. History isn’t entirely reassuring: The unemployment rate was even lower — 3.5% — when an 11-month recession began in December 1969.
Americans aren’t the only ones contending with difficult economic times.
Recession fears are rising in Europe, too. In the United Kingdom, the Bank of England on Thursday projected that the world’s fifth-largest economy would slide into recession by the end of the year.
Russia’s war in Ukraine has darkened the outlook across Europe. The conflict has made energy supplies scarce and driven prices higher. European countries are bracing for the possibility that Moscow will keep reducing — and perhaps completely cut off — flows of natural gas, used to power factories, generate electricity and keep homes warm in winter.
If Europeans can’t store enough gas for the cold months, rationing may be required by industry.
Economies have been on a wild ride since COVID hit in early 2020.
The pandemic brought economic life to a near standstill as companies shut down and consumers stayed home as a health precaution. In March and April 2020, American employers slashed a staggering 22 million jobs and the economy plunged into a deep, two-month recession.
But massive government aid — and the Federal Reserve’s decision to slash interest rates and pour money into financial markets — fueled a surprisingly quick recovery. Caught off guard by the strength of the rebound, factories, shops, ports and freight yards were overwhelmed with orders and scrambled to bring back the workers they furloughed when COVID hit.
The result has been shortages of workers and supplies, delayed shipments -- and rising prices. In the United States, inflation has been rising steadily for more than a year. In June, consumer prices jumped 9.1% from a year earlier — the biggest increase since 1981.
The Fed at first underestimated inflation’s resurgence, thinking prices were rising because of temporary supply chain bottlenecks. But inflation refused to go away.
Now the central bank is responding aggressively. It has raised its benchmark short-term interest rate four times this year, and more rate hikes are ahead.
Higher borrowing costs are taking a toll. Rising mortgage rates, for instance, have cooled a red-hot housing market. Sales of previously occupied homes dropped in June for the fifth straight month.
Real estate companies — including lending firm loanDepot and online housing broker Redfin — have begun laying off workers.
The labor market is showing other signs of wobbliness.
The Labor Department reported Tuesday that employers posted 10.7 million job openings in June — a healthy number but the lowest since September.
And the four-week average number of Americans signing up for unemployment benefits — a proxy for layoffs that smooths out week-to-week swings — rose last week to the highest level since November, though the numbers may have been exaggerated by seasonal factors.
Friday’s jobs report comes at a critical moment for President Biden, who has maintained that the economy is merely slowing down rather than heading into a recession. Inflation has dogged public support for Biden, yet the administration has stressed that the 3.6% unemployment rate and solid job gains are signs of a healthy economy.
White House press secretary Karine Jean-Pierre said the administration expects the pace of hiring to fall further in the coming months because the unemployment rate is already near historic lows and fewer potential workers are available.
A slower pace of hiring and reduced levels of wage growth could also suggest that inflationary pressures are easing, but it has the White House attempting to convince the American public that less growth is a positive at a moment when Republican lawmakers are saying a recession has already started; they cite the drop in GDP over the first half of the year.
“We’re expecting it to be closer to 150,000 jobs per month,” Jean-Pierre said at Thursday’s briefing. “This kind of job growth is consistent with the lower level of unemployment numbers that we’ve been seeing.”
Economist House at Wells Fargo expects employers to keep adding jobs for a few months. But rising interest rates, she said, will gradually choke off economic growth.
“We are actually looking for outright declines in hiring come the first quarter, maybe second quarter of next year,’’ she said. “As monetary policy continues to tighten, that’s going to have an effect on overall business conditions and therefore demand for workers.
“Our expectation is that the U.S. economy will slip into recession, probably at the start of the year.’’
____
Josh Boak in Washington and Courtney Bonnell in London contributed to this story.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/05/recession-fears-grow-strong-us-hiring-is-likely-slowing/ | 2022-08-05T07:44:36Z |
Tourism helps create economic development, HOF Village exec tells Akron Roundtable
AKRON – A year ago, the Hall of Fame Village powered by Johnson Controls was a lot of dirt and a lot of hopes.
Plenty has change but much still needs to be finished, Michael Crawford, president and chief executive officer of Hall of Fame Resort & Entertainment Co., said during a presentation Thursday at the Akron Roundtable luncheon held at the University of Akron's Quaker Station.
"We're not done yet, by any stretch of the imagination. But we've now built things. We now have experiences for guests," Crawford said.
The project has taken some time, but it's coming together, he said.
"The point is, we've tried to make and create a destination in a very short period of time," he said. "It takes a while though for people to try to understand how to use it and what to do with it."
Hall of Fame Village might be in Canton, but it's a project that can benefit Summit and Portage counties, Crawford said. Canton and Akron are close and should think as partners. By collaborating, the communities can use tourism to create economic development.
More Hall of Fame Resort news:Hall of Fame Resort wants shareholders to approve reverse stock split
More Hall of Fame Village news:Hotel use, stadium events add to revenue for Hall of Fame Resort, but company posts loss
"Tourism is the best kind of economic development," Crawford said, because people come to a city, spend money and leave. "It doesn't cost you a ton of money it makes you money."
Crawford — who worked 25 years with Disney and four more years with Four Seasons Hotels and Resorts ― cited tourism sites around the state and noted that different attractions develop in clusters. Businesses notice those clusters and are drawn to the areas with attractions and entertainment, he said.
"Now why do you think that is?" Crawford asked. Based on his experiences, businesses are interested in areas with attractions because that can be used to attract workers. "So economic development can be born out of tourism creation."
Tourism brings direct spending from people who visit an attraction, but it also brings indirect spending and creates jobs, Crawford said.
A study by Visit Canton, the county's visitors and convention bureau, indicates tourism generated $1.9 billion for the county in 2021. Of that, $1.1 billion was direct spending at hotels, restaurants and facilities. The remainder was spent with other businesses that support the tourism sites.
"The direct spend into tourism leads to a lot greater uplift than what people typically imagine," Crawford said.
Diversifying beyond a destination
Hall of Fame Resort has broadened it business since starting out as creator of Hall of Fame Village, a campus around the Pro Football Hall of Fame.
The Hall of Fame is at the heart of the development, drawing fans from around the country.
As a destination, Hall of Fame Village is one of three verticals in the Hall of Fame Resort business plan. The company also has a media division that uses its Pro Football Hall of Fame connection to produce football-related programs and content. There's also a gaming division that has created the Hall of Fantasy League and has ties to eGaming and sports betting.
"Now what we're doing is diversifying and creating a company that can entertain people in many different ways," Crawford said.
The development of the Hall of Fame Village dates to 2014, although efforts to acquire property for the project began several years earlier.
The first phase saw construction of Tom Benson Hall of Fame Stadium, which replaced Fawcett Stadium, and development of several athletic fields for youth sports events and programs.
Creating digestible bites
That initial project — estimated at nearly $1 billion — had an unfinished hotel foundation and an empty school building when Crawford began working with Hall of Fame Village in December 2018.
"What I quickly realized was, you want to keep building and growing. You want to give things an opportunity, digestible bites to sort of take hold," Crawford said.
His first step was to break the project into three phases. The first phase required finishing work at the stadium and the athletic fields. "That was something we had to deal with immediately," he said.
The second phase ramped up in 2019 as Hall of Fame Village and Gordon Pointe Acquisition combined to create Hall of Fame Resort.
"I like to refer to phase two as building the destination," Crawford said.
While the first phase involved developing assets where the company could host events and programs, the second phase is creating an opportunity for people to visit, play and stay for a few days, Crawford said.
The new company completed work at the stadium, then bought and remodeled the DoubleTree by Hilton hotel in downtown Canton. The Constellation Center for Excellence was built, along with a domed structure that is the 100,000-square-foot center for performance.
The second phase also includes the Play-Action Plaza, which provides space for outdoor events. The space features a zipline called "The Forward Pass." There are plans to install a Ferris wheel, which will be known as "The Red Zone" because it has 20 gondolas. In football, the red zone is the area between the 20 yard line and the end zone.
Crawford said he expects other attractions will be added at Play-Action Plaza.
Still under construction is the Fan Engagement Zone, a retail promenade that extends north from the Pro Football Hall of Fame.
A football-themed Build-A-Bear Workshop store opened this past week and plans call for a Shula's restaurant to open later this year. Future tenants include a Helix eSports complex operated by Esports Entertainment Group, and a TopGolf Swing Suite affiliated with The Brew Kettle, a Northeast Ohio craft brewery.
In the coming months, construction is scheduled to start for a 180-room Tapestry by Hilton hotel and a football-themed indoor water park.
Not all smooth sailing
The Hall of Fame Village project has faced other bumps in the road.
Hall of Fame Resort has shares trades on the Nasdaq exchange and uses stock and warrants to help secure financing. But the share value dropped below $1 earlier this year, and the stock is threatened with delisting. The company is asking shareholders to approve using a reverse stock split to avoid being dropped from the exchange.
The company also is in a dispute with Johnson Controls, an international corporation that in 2016 signed a naming rights agreement with Hall of Fame Village. Earlier this year, Johnson Controls said it was exiting the naming rights agreement because of delays with the project. The two companies are working to resolve the dispute.
The issues aren't stalling Hall of Fame Resort's efforts to develop an entertainment company built around professional football.
While working for Disney, Crawford said he learned that no Disney park ever is considered finished. Disney always is working to change and improve, and Hall of Fame Village strives to follow that model, Crawford said.
The campus is an entertainment hub that includes a business center, space for activities indoors and outdoors, and attractions for all ages.
"That's how you create a destination. And you keep creating things year over year over year. Stay, play and enjoy," Crawford said.
Crawford's presentation will be broadcast on WKSU at 8 p.m. Sept. 22.
The next Akron Roundtable discussion is Oct. 20 and will feature Akron City Schools Superintendent Christine Fowler Mack. Her presentation is titled, "Hope in a Post-Pandemic World: Meeting our Challenges and Opportunities Together."
Reach Edd at 330-580-8484 or edd.pritchard@cantonrep.com On Twitter: @epritchardREP | https://www.cantonrep.com/story/news/local/2022/09/16/hof-village-exec-promotes-tourism-as-economic-development-tool-michael-crawford-hall-of-fame-resort/69487904007/ | 2022-09-16T11:57:09Z |
MILWAUKEE, July 28, 2022 /PRNewswire/ -- Northwestern Mutual advisors represent more than one quarter of the honorees on Forbes' 2022 "Top 100 Financial Security Professionals" list, with over 270 advisors recognized as "Best-In-State Financial Security Professionals." Northwestern Mutual's majority representation in this year's Forbes ranking exceeds that of its competitors and marks the highest participation rate on a single industry recognition list in company history.
The Forbes list recognizes the nation's top-performing financial advisors who provide holistic financial planning, focusing on risk mitigation, wealth management and a personal planning experience. Honorees are selected using a broad set of criteria that includes production and premiums, assets under management, client retention rates and exhibition of best practices.
"Northwestern Mutual is the undeniable industry leader in financial security, and our record-breaking presence in this year's rankings proves it," said Tim Gerend, Northwestern Mutual's chief distribution officer and a member of the Forbes/SHOOK Financial Security Professionals Leadership Advisory Board. "In these uncertain times, Northwestern Mutual's advisors' approach to financial planning stands out from the crowd. Clients want a plan that creates financial security – protecting what is most important while creating future prosperity – and that's what we distinctly offer. Inclusion on this prestigious list is a testament to the value our advisors create every day."
The Top Financial Security Professionals Ranking follows the recognition of more than 120 Northwestern Mutual Wealth Management advisors on Forbes' "Best-In-State Wealth Advisors" list and 10 advisors on Barron's "Top 1,200 Financial Advisors" ranking. Leading industry publications including Financial Planning, Financial Advisor, ThinkAdvisor and InvestmentNews consistently rank Northwestern Mutual Investment Services as a top independent broker-dealer by total revenue.
"Americans don't want a financial product – they want to worry less and live more, and they want a financial plan that helps them to address the anxiety they feel about their wealth management, risk management and asset management," said Aditi Javeri Gokhale, the company's chief strategy officer, president of retail investments and head of institutional investments. "Our unique approach to financial planning is resonating with clients and turning heads in the industry."
About Northwestern Mutual
Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. With more than $560 billion in combined company and client assets, $34 billion in revenues, and $2.1 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to nearly five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 97 on the 2022 FORTUNE 500 and was recognized by FORTUNE® as one of the "World's Most Admired" life insurance companies in 2022.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with "Advisor" in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.
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SOURCE Northwestern Mutual | https://www.wibw.com/prnewswire/2022/07/28/northwestern-mutual-leads-industry-forbes-ranking-top-financial-security-professionals/ | 2022-07-28T22:09:56Z |
Hero Collective Collaborates with Purpose Driven Brands To Launch Disruptive Initiatives That Are Culturally and Socially Impactful
This Culture-Obsessed and Digital First Company Fuels Business Growth By Acting As A Strategic Think Tank, Creative Studio, and Venture Lab For Its Innovators
NEW YORK, July 20, 2022 /PRNewswire/ -- Virgo PR, a New York based agency that creates campaigns that draw attention and attracts audiences, has been appointed to work with Hero Collective as the agency continues to expand its clientele. Hero Collective is a powerhouse when it comes to turning brands into heroes, making it one of the fastest-growing black-owned social media marketing agencies in America. Virgo has already placed stories for Hero in Digiday, AdAge, Campaign US along with executing a media event at Cannes Lions.
The company breaks through the mold of a typical creative partner by focusing its approach on the "power of UN." The unexpected, uncompromising, and unforgettable aspects of their campaigns leave an underlying, yet lingering, call to action for change. Its emphasis on igniting cultural and social change, while simultaneously driving business growth and revenue, has given the agency a competitive edge in the advertising space.
"Joe and his team have done extraordinary things for not only their clients but the industry overall," said Mike Paffmann, CEO of Virgo PR. "We're going to keep highlighting in the media all the innovative work Hero is doing alongside being a driver of change in the space."
For more information on the partnership or to see more of Virgo PR's work, please visit https://virgo-pr.com/.
About Hero Collective
Hero Collective is 100% black-owned, digital-first, creative and social media marketing company focused on turning brands into heroes.
About Virgo PR
Virgo PR offers its clients many services to drive growth, engagement, sales, and increase lead generation and conversions. Our team of professionals in all things PR and marketing can support brands in developing different strategies and campaigns that allow them to better understand their brand and industry and provide various services that drive knowledge through our expertise. We're able to execute worldwide integrated campaigns for our clients' brands by playing on the strengths and constraints of any niche.
Media Contact:
Mike Paffmann
mikep@virgo-pr.com
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SOURCE Virgo PR | https://www.mysuncoast.com/prnewswire/2022/07/20/virgo-pr-named-agency-record-hero-collective/ | 2022-07-20T15:26:30Z |
Civic Season runs between Juneteenth and Fourth of July and features more than 750 activities and events nationwide
WASHINGTON, June 23, 2022 /PRNewswire/ -- This week, three hundred cultural and civic institutions across the country kicked off the second annual Civic Season, a new summer tradition for learning and action co-designed with Gen Z. Anchored by Juneteenth and Independence Day - two dates that highlight the gap between our nation's promises and practices - Civic Season is about welcoming the future inheritors of the United States to learn about our nation's history so they can use it to inform and inspire civic participation for generations to come.
"Civic Season is about young people engaging with our past so they can help write our future," said Caroline Klibanoff, managing director of Made By Us at the National Museum of American History. "With hundreds of events and activities nationwide, the Civic Season is a new kind of American tradition where we come together to build a democracy powered by all of us."
More than 750 activities and resources are available at TheCivicSeason.com including podcasts, walking tours, how-to guides, in-person programs, simulations and videos. The public can learn how to take action with quizzes, poster generators, a Storycorps collection, an online zine, and contributions from luminaries like Ken Burns, Jose Antonio Vargas, Tayari Jones, Lonnie G. Bunch III, and others.
Civic Season has been developed by Made By Us, an unparalleled collaboration of more than 130 of the nation's history museums to better engage Millennials and Gen-Z with American history to inspire, inform and empower civic participation. Led collectively by the Smithsonian's National Museum of American History, Thomas Jefferson's Monticello, the National Archives Foundation, the First Americans Museum, Atlanta History Center, HistoryMiami Museum, Senator John Heinz History Center, New-York Historical Society, the Charles H. Wright Museum of African American History, and Missouri Historical Society, Made By Us creates programs and digital platforms to connect young people in every corner of the nation with our shared past, present and future. For more information, visit historymadebyus.com or follow @historymadebyus on Twitter, Instagram or Facebook.
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SOURCE Civic Season | https://www.wibw.com/prnewswire/2022/06/23/building-off-juneteenth-momentum-second-annual-civic-season-launches-inspires-gen-z-engage-history-civic-participation/ | 2022-06-23T11:45:04Z |
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