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CALGARY, AB, June 20, 2022 /PRNewswire/ - Today, TransAlta Corporation (TSX: TA) (NYSE: TAC) ("TransAlta") announced a new visual identity including logo and tagline. The new visual identity encapsulates the TransAlta of today while reinforcing the Company's focus as a leader in creating a carbon-neutral future for our customers.
This rebranding coincides with a key milestone for the company – 111 years have passed since the company first began generating power in the foothills west of Calgary.
With a diversified portfolio of generation assets that includes wind, solar, hydro and gas, operating in Canada, the United States and Australia, and a robust portfolio of growth projects, TransAlta is well-positioned to support the global effort to decarbonize with the clean, reliable, and low-cost electricity customers need to successfully transition.
"Today, we are presenting a new look to our customers and stakeholders, one that speaks to a clean future and aligns with our company's purpose statement that clean power is fundamental to moving the world forward," said President and CEO John Kousinioris. "From our transition off coal in Canada to the renewable projects we are building and operating for our customers, it is a proud moment for our Company. Our new visual identity conveys that TransAlta is moving forward with purpose having made the investments necessary to achieve significant carbon reductions in our generation portfolio while building out a renewables fleet that will help our customers achieve their decarbonization goals. We truly are energizing the future."
For our customers, our employees, and the communities in which we operate, TransAlta's new brand stands for momentum, evolution and energy. The brand is bold, dynamic, and progressive.
Brand updates include:
- Updated logo design and next steps – the custom-designed logo gives a nod to our core business. The three "A"s in the Company name resemble electrical coils, in perpetual motion and represent the change in and evolution of the sector in general and TransAlta in particular. The Company will focus on the conversion of all digital and physical assets of its brand, signage, and materials for the remainder of 2022 and into 2023.
- New tagline – "Energizing the Future."
- New website – The Company's external website has been transformed to reflect the new brand and functionality to meet the needs of customers, investors, and stakeholders.
TransAlta owns, operates and develops a diverse fleet of electrical power generation assets in Canada, the United States and Australia with a focus on long-term shareholder value. TransAlta provides municipalities, medium and large industries, businesses and utility customers with clean, affordable, energy efficient and reliable power. Today, TransAlta is one of Canada's largest producers of wind power and Alberta's largest producer of hydro-electric power. For over 111 years, TransAlta has been a responsible operator and a proud member of the communities where we operate and where our employees work and live. TransAlta aligns its corporate goals with the UN Sustainable Development Goals and its climate change strategy with CDP (formerly Climate Disclosure Project) and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. TransAlta has achieved a 61 per cent reduction in GHG emissions since 2015.
For more information about TransAlta, visit its website at transalta.com.
This news release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "may", "will", "should", "estimate", "intend" or other similar words). Specifically, this news release contains forward-looking information with respect to the Company, its objectives and ability to support the global effort to decarbonize with clean, reliable, and low-cost electricity. All forward- looking information reflects the Company's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release. TransAlta undertakes no obligation to update or revise any forward-looking information except as required by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from those in the forward-looking information, refer to the Company's Annual Information Form, Annual Report and Management's Discussion and Analysis filed under the Company's profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission at www.sec.gov.
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SOURCE TransAlta Corporation | https://www.mysuncoast.com/prnewswire/2022/06/20/transalta-corporation-debuts-new-brand-reiterating-commitment-clean-energy-future/ | 2022-06-20T12:44:13Z |
CHARLOTTE, N.C., July 28, 2022 /PRNewswire/ -- TowneBank is pleased to announce the appointment of Ted Wolfe to president of TowneBank Charlotte.
Wolfe brings over 30 years of industry experience to TowneBank, including nearly two decades of commercial and corporate banking in the Charlotte market. In his role as president, he will continue efforts to ensure an extraordinary experience for our members and the bank's ongoing growth and positive impact in the Charlotte region. He will be based at the SouthPark location on Carnegie Boulevard.
Wolfe is a graduate of Davidson College, as well as the North Carolina School of Banking. Over the course of his career, he has been active in his community, volunteering and serving on the board of directors for a number of organizations, including Junior Achievement, the Salvation Army, and the Salvation Army Boys & Girls Clubs. Additionally, Wolfe is active with his church and as a volunteer coach for youth basketball.
"Ted has an accomplished career and extensive experience in finance and leadership," said Billy Foster, president of TowneBank Central Virginia and the Carolinas. "As president, he will lead efforts to strengthen our presence and impact in the fast-growing Charlotte market. He has the admiration of our team already."
"We are delighted to welcome Ted Wolfe to TowneBank," Bob Aston, executive chairman, commented. "For the better part of a year, we have looked for the right person to join and lead our Charlotte family. Ted is the ideal mix of professionalism and passion. He understands the people-first approach at TowneBank, and our focus on serving others and enriching lives."
TowneBank entered the Charlotte market in 2018 through the acquisition of Paragon Bank. The community-minded bank has grown steadily in market share, with offices in SouthPark, Myers Park and Ballantyne.
Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a focus of serving others and enriching lives. Dedicated to a culture of caring, Towne values all employees and members by embracing their diverse talents, perspectives, and experiences.
Today, the bank operates over 40 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina – serving as a local leader in promoting the social, cultural, and economic growth in each community. Towne offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. Experienced local bankers providing a higher level of expertise and personal attention with local decision-making are key to the TowneBank strategy. Towne has grown its capabilities beyond banking to provide expertise through its controlled divisions and subsidiaries that include Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations. With total assets of $16.67 billion as of March 31, 2022, TowneBank is one of the largest banks headquartered in Virginia.
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SOURCE TowneBank | https://www.mysuncoast.com/prnewswire/2022/07/28/ted-wolfe-named-townebank-charlotte-president/ | 2022-07-28T14:17:26Z |
ATLANTIC CITY, N.J., May 19, 2022 /PRNewswire/ -- April results are in and according to revenue numbers released by the New Jersey Division of Gaming Enforcement and the Michigan Gaming Control Board that were compiled by OddsSeeker.com, online casinos in NJ generated $134,628,446 in revenue versus $132,438,012 for Michigan online casinos in April 2022.
Michigan online casinos set a new revenue record in April, closing the gap, to just under $2.2 million in total revenue difference between the two states. Michigan is clearly becoming the more dominant state when it comes to revenue per online casino since Michigan only has 14 online casinos while New Jersey is home to 32 online casinos.
Michigan's online gaming market has benefited from its strong land-based gambling roots. Which can be told by the fact that over half of its online gambling revenue has been generated by two of Detroit's largest land-based casinos, Motorcity and MGM Grand Detroit. The experts at OddsSeeker.com predict that MI is still on track to become the largest online casino market in the US, as soon as May 2022.
"The popularity of online casinos in Michigan continues to impress – the tax revenues taken in by the State will certainly ignite envy amongst those yet to legislate, and specifically the states that have only legalized sports betting. One thing's for sure – Americans are loving this new era of freedom of entertainment & chances to win big!" said Frank Weber, Sports Editor at OddsSeeker.com
New Jersey and Michigan Online Casino Revenue by The Numbers – April2022 ($ In Millions)
Here is the full breakdown for New Jersey and Michigan online casino revenue in April 2022:
For more information,visit https://www.oddsseeker.com. Data referenced from the MGCB and the NJDGE.
About OddsSeeker: OddsSeeker.com is a leading source for iGaming news, online games, and online casino & sports betting promotions in the U.S. regulated online gaming markets.
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SOURCE Odds Seeker | https://www.kxii.com/prnewswire/2022/05/19/new-jersey-online-casinos-michigan-online-casinos-are-neck-neck-revenue-battle-april-2022/ | 2022-05-19T18:45:18Z |
The limited supply of monkeypox vaccines in the US has led to hours-long waits and lines that stretch for blocks, according to officials with state and local public health groups; some people with monkeypox symptoms have had to go without tests or treatments. And some have even crossed the border into Canada in search of help, the officials say.
They, along with leaders of some national LGBTQ organizations, are frustrated and angry at the federal government for its "lack of urgency" about the ongoing outbreak.
They say they feel abandoned by the government and want monkeypox to be declared a public health emergency now.
"We are, once again, in a moment where a lack of urgency and an inadequate response has left our community filled with fear, unanswered questions and valid outrage. A moment where we have been abandoned by inaction," Tyler TerMeer, CEO of the San Francisco AIDS Foundation, said Tuesday.
The clinic managed by his foundation has a waiting list of 10,000 people who are eligible for the monkeypox vaccine.
"This is unacceptable and completely preventible," TerMeer said. "Our community of resilient people have had to once again rise up in support of one another, to educate each other and to fight for access to the resources that they need and deserve."
Monkeypox can infect anyone, but the majority of cases in the US outbreak have been among men who have sex with men, including gay and bisexual men, and people who identify as transgender.
Since June, the US Centers for Disease Control and Prevention has said it has made a concerted effort to do extensive education and outreach to the LGBTQ community.
The agency says it has worked with the umbrella organization for local Pride committees to raise awareness. It released educational videos, engaged with groups that work with health disparities and industries whose workers may be exposed to monkeypox, and created awareness campaigns on Instagram and on dating apps popular with the gay community like Scruff, Adam4Adam and Grindr. The agency is also planning to participate in listening sessions with LGBTQ community groups.
But those efforts have not shortened the lines for vaccines or eliminated the extensive paperwork necessary to get access to treatments.
In an effort to elevate their public health response, California, Illinois and New York state have declared public health emergencies, as has the World Health Organization. San Francisco became the first major US city to declare a local health emergency last week, and New York City did so Saturday.
The federal government is monitoring the response to monkeypox across the country and will use that to consider whether to declare its own public health emergency, US Department of Health and Human Services Secretary Xavier Becerra said last week.
"We've made vaccines, tests and treatments well beyond the numbers that are currently needed, available to all jurisdictions who manage their public health systems," he said.
"We will weigh any decision on declaring a public health emergency based on the responses we're seeing throughout the country. Bottom line is, we need to stay ahead of it and be able to end this outbreak."
Torrian Baskerville, director of HIV and health equity at the Human Rights Campaign, an organization that advocates for LGBTQ+ rights, said community members shouldn't have had to create their own online tracking systems to figure out when and where vaccines and treatments are available because of a lack of information from local government agencies.
"Our system is not set up to respond to these emergencies effectively, especially when it affects vulnerable and often marginalized populations," Baskerville said.
He has spoken with several members of the community who have not gotten the help they need to treat or prevent the sometimes extremely painful disease.
One man who had clear signs of monkeypox told Baskerville that he was turned away from his local health department, denied testing and treatment because there were no more appointments, even though he arrived during clinic hours.
Another man told Baskerville that he is facing eviction. Unable to work, in isolation with monkeypox symptoms for more than 25 days, he said he'd been denied medical leave three times and must spend at least five more days in isolation because he still has symptoms.
Another told him they had to lie about how many recent sex partners they've had because some state and local health departments have had to ration vaccines, giving them only to people who have had three or more partners in the past two weeks.
"The frustrations and concerns of gay and bisexual men and transgender men and women who are, at this moment, most impacted by [monkeypox] are very real and clear," Bakersville said.
Several public health experts have said the US missed its opportunity to contain the monkeypox virus because it has been too slow to act.
Access to vaccines has been a struggle since the outbreak reached the US two months ago. The CDC estimates that about 1.5 million people are eligible for the vaccine, but as of Thursday, the US Department of Health and Human Services said, more than 340,000 doses have been delivered.
As of Monday evening, the US has tallied at least 5,811 confirmed or probable monkeypox cases, a number that experts say is still a significant undercount.
With limited supply and growing awareness of the virus and its sometimes-painful effects, vaccination appointments are going fast.
David C. Harvey, executive director of the National Coalition of STD Directors, said Tuesday that the organization invited public health clinic directors from across the country to a meeting with the Biden administration Monday where they talked about how this part of the monkeypox outbreak feels too familiar. Managing monkeypox is similar to the earliest days of HIV and Covid-19, he said.
"Program after program talked about the fear and stigma that gay men are experiencing in relation to [monkeypox], the shortages of vaccine, the burned-out staff, the shortages of funding to cover what has been an unanticipated public health emergency," he said.
Harvey said that his association was pleased that the White House named two monkeypox response leaders Tuesday, but the community needs the federal government to declare a state of emergency to bring in more money and staff.
He labeled the outbreak "out-of-control" and added that it's something many public health leaders warned would happen if the federal government didn't act with urgency.
Congress must also act quickly to approve the $21 billion Pandemic Preparedness Act, he said, because local health officials need more money and the country needs to reduce and eliminate barriers to testing, care, vaccines and grants.
Harvey was specifically critical of Becerra, who said at a news conference last week that "everybody's got to take the oar and row. Everybody's got to do their part" and that local jurisdictions need to "work with" HHS on data reporting about how they are using vaccines.
Becerra said communities need to work to prevent the spread of monkeypox and hand out vaccines. Without that work, more vaccines will be necessary.
"But if everyone does their work," he said, "can we not only stay ahead of the virus, but end this outbreak? Absolutely."
Harvey thinks local health leaders have been going above and beyond to do what they can with the resources they have.
"States and localities really have been left to respond to many aspects of this outbreak on their own. This is contrary to the comments made by Secretary Becerra last week, when he seemed to appear to blame the states and the cities for not responding adequately," he said. "Mr. Secretary, we are failing Americans today. And this is a public health failure that follows Covid and the various earliest days of HIV in this country. It is time for us to turn this situation around."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/public-health-leaders-blast-biden-administration-for-inadequate-monkeypox-response/article_e2846f48-f2a3-5f01-b5f5-2dad1b981896.html | 2022-08-02T21:58:57Z |
Ukrainian nuke plant near fighting cut off from power grid
NIKOPOL, Ukraine (AP) — Ukrainians are once again anxious about the fate of a nuclear power plant in a land that was home to the world’s worst atomic accident in 1986 at Chernobyl — and alarm only increased Thursday when the plant operator said the facility has been cut off from the electrical grid.
The Zaporizhzhia nuclear plant, Europe’s largest, has been occupied by Russian forces since the early days of the war, and continued fighting near the facility has heightened fears of a catastrophe that could affect nearby towns in southern Ukraine — or potentially an even wider region.
On Thursday, the plant was cut off from the power grid for the first time after fires damaged the only working transmission line, according to Ukraine’s nuclear power operator. It was not clear if the plant had been reconnected. As long as it remains off the grid, it will have to rely on emergency diesel generators to run cooling systems that are essential for the safe operation of the reactors.
The cutoff underscored concerns about the plant, which the government in Kyiv alleges Russia is essentially holding hostage, storing weapons there and launching attacks from around it. Moscow, meanwhile, accuses Ukraine of recklessly firing on the facility, which is located in the city of Enerhodar.
“Anybody who understands nuclear safety issues has been trembling for the last six months,” Mycle Schneider, an independent policy consultant and coordinator of the World Nuclear Industry Status Report, said before the latest incident at the plant.
Ukraine cannot simply shut down its nuclear plants during the war because it is heavily reliant on them, and its 15 reactors at four stations provide about half of its electricity. Still, an ongoing conflict near a working atomic plant is troubling for many experts who fear that a damaged facility could lead to a disaster.
That fear is palpable just across the Dnieper River in Nikopol, where residents have been under nearly constant Russian shelling since July 12, with eight people killed, 850 buildings damaged and over the half the population of 100,000 fleeing the city.
Liudmyla Shyshkina, a 74-year-old widow who lived within sight of the Zaporizhzhia plant before her apartment was bombarded and her husband killed, said she believes the Russians are capable of intentionally causing a nuclear disaster.
Fighting in early March caused a brief fire at the plant’s training complex that officials said did not result in the release of any radiation. Ukrainian President Volodymyr Zelenskyy says Russia’s military actions there amount to “nuclear blackmail.”
No civilian nuclear plant is designed for a wartime situation, although the buildings housing Zaporizhzhia’s six reactors are protected by reinforced concrete that could withstand an errant shell, experts say.
The more immediate concern is that a disruption of electricity supply — like the one nuclear power operator, Energoatom, reported Thursday that meant two remaining reactors at the plant were disconnected from the grid.
The operator said it couldn’t immediately comment on the operation of safety systems at the plant, where emergency diesel generators are sometimes unreliable.
External power is essential not just to cool the two reactors still in operation but also the spent radioactive fuel stored in special facilities onsite — and only one of the plant’s four power lines connecting it to the grid has been operational.
“If we lose the last one, we are at the total mercy of emergency power generators,” said Najmedin Meshkati, a professor of civil and environmental engineering at the University of Southern California.
Another concern about the fighting nearby is that pools where spent fuel rods are kept to be cooled also are vulnerable to shelling, which could cause the release of radioactive material.
Kyiv told the International Atomic Energy Agency, the U.N.’s nuclear watchdog, that shelling earlier this week damaged transformers at a nearby conventional power plant, disrupting electricity supplies to the Zaporizhzhia plant for several hours.
The atomic agency’s head, Rafael Mariano Grossi, said Thursday he hopes to send a mission to the plant within “days.”
Negotiations over how the mission would access the plant are complicated but advancing, he said on France-24 television after meeting in Paris with French President Emmanuel Macron, who pressed Russian President Vladimir Putin in a phone call last week to allow the U.N. agency to visit the site.
“Kyiv accepts it. Moscow accepts it. So we need to go there,” Grossi said.
At a U.N. Security Council meeting Tuesday, U.N. political chief Rosemary DiCarlo urged the withdrawal of all military personnel and equipment from the plant and an agreement on a demilitarized zone around it.
He and Schneider expressed concern that the occupation of the plant by Russian forces is also hampering safety inspections and the replacement of critical parts, and is putting severe strain on hundreds of Ukrainian staff who operate the facility.
“Human error probability will be increased manifold by fatigue,” said Meshkati, who was part of a committee appointed by the U.S. National Academy of Sciences to identify lessons from the 2011 nuclear disaster at Japan’s Fukushima nuclear plant. “Fatigue and stress are unfortunately two big safety factors.”
If an incident at the Zaporizhzhia plant were to release significant amounts of radiation, the scale and location of the contamination would be determined largely by the weather, said Paul Dorfman, a nuclear safety expert at the University of Sussex who has advised the British and Irish governments.
The massive earthquake and tsunami that hit the Fukushima plant destroyed cooling systems, which triggered meltdowns in three of its reactors. Much of the contaminated material was blown out to sea, limiting the damage.
The April 26, 1986, explosion and fire at one of four reactors at the Chernobyl nuclear plant north of Kyiv sent a cloud of radioactive material across a wide swath of Europe and beyond. In addition to fueling anti-nuclear sentiment in many countries, the disaster left deep psychological scars on Ukrainians.
Zaporizhzhia’s reactors are of a different model than those at Chernobyl, but unfavorable winds could still spread radioactive contamination in any direction, Dorfman said.
“If something really went wrong, then we have a full-scale radiological catastrophe that could reach Europe, go as far as the Middle East, and certainly could reach Russia, but the most significant contamination would be in the immediate area,” he said.
That’s why Nikopol’s emergency services department takes radiation measurements every hour since the Russian invasion began. Before that, it was every four hours.
___
Jordans reported from Berlin. Associated Press writer Edith M. Lederer at the United Nations contributed.
___
Follow AP coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/25/ukrainian-nuke-plant-near-fighting-cut-off-power-grid/ | 2022-08-25T15:44:59Z |
Local 50 Members Take to the Picket Line Over Unfair Labor Practices at Illinois-Based Concrete Hauling Company
CENTREVILLE, Ill., Aug. 18, 2022 /PRNewswire/ -- Teamsters Local 50 ready-mix drivers at SRM Construction Material & Supply went on an unfair labor practice (ULP) strike yesterday over the company's refusal to negotiate a fair contract.
Throughout negotiations, Local 50 put forward proposals in an effort to reach an agreement and keep members working. The company responded by fully rejecting the union's offers, and made counter proposals that would take away health and welfare and retirement benefits from workers. The previous agreement expired on June 30.
"These workers haul concrete every day, as this company and its owner profits. The company cut drivers' wages by over $6 per hour prior to even beginning negotiations," said Pat Nichols, President of Local 50. "There is no reason and no excuse for this anti-worker behavior. We will fight united for a strong agreement and better working conditions!"
SRM Construction Material & Supply retained $456,000 in Paycheck Protection Program (PPP) funding, Nichols noted. Moreover, the company failed to provide drivers with personal protective equipment (PPE) or a hazard pay bonus.
"My brothers and I are standing together in this fight. We have full faith in our union and know that the Teamsters—both locally and internationally—will support us through this battle," said Aaron Epps, a ready-mix driver for the company and shop steward at Local 50.
Founded in 1903, the International Brotherhood of Teamsters represents 1.2 million hardworking men and women throughout the United States, Canada, and Puerto Rico. Visit www.teamster.org for more information. Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters.
Contact:
Daniel Moskowitz, (770) 262-4971
dmoskowitz@teamster.org
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SOURCE Teamsters Local 50 | https://www.mysuncoast.com/prnewswire/2022/08/18/ready-mix-teamsters-strike-srm-construction-material-amp-supply/ | 2022-08-18T15:46:56Z |
ATLANTA, Aug. 18, 2022 /PRNewswire/ -- Odylia Therapeutics, a nonprofit biotechnology company focused on the development of treatments for people living with rare diseases, today announced the appointments of Sharon M. Walker, Ph.D., J.D., and Brian Fenton to its Board of Directors.
"As we continue to expand our focus and build new levels of momentum at Odylia, we are pleased to welcome two new members to our Board of Directors who bring outstanding experience in areas that will play a central role in our success moving forward," said Ashley Winslow, Ph.D., President and Chief Scientific Officer at Odylia. "Sharon and Brian have proven experience in diverse areas including drug discovery and clinical research, rare diseases, corporate development, and intellectual property rights. Each of these areas represent important resources for Odylia and reflect our commitment to advancing new approaches in rare disease drug development that will bring treatments to more patients in the years ahead."
Dr. Walker joins the Board from Sanofi, where she serves as Senior Counsel, Vaccines Patents. She has more than 15 years of experience in intellectual property and other legal matters in the healthcare sector. She earned an A.B. in Chemistry from Bowdoin College, a Ph.D. in Pharmaceutical Chemistry from the University of California, San Francisco, and a J.D. from Suffolk University Law School.
Mr. Fenton has more than 30 years of experience in the biotechnology industry. He previously served as Chief Business Officer at Translate Bio and spent several years working in the rare disease Business Development group at Shire Pharmaceuticals. He has successfully identified, led, and executed multiple strategic transactions during his career in corporate development. He earned his B.A. in Biochemistry from University of Massachusetts, Amherst, a Master's degree in chemical engineering from University of Virginia, and an M.B.A. at Worcester Polytechnic Institute.
"To achieve our goal of advancing a novel and much needed nonprofit model in rare disease drug development, Odylia depends on access to a diverse team of outstanding leaders and innovators, both in science and industry, who can share insights and best practices," said Scott Dorfman, Chief Executive Officer at Odylia and Chairman of the Board. "Sharon and Brian bring exactly the experience that both complements and expands the expertise of our Board and we look forward to working with them and to their many essential contributions to our work."
About Odylia Therapeutics
Odylia is a nonprofit biotech focused on bringing life-altering and lifesaving treatments to those with rare diseases. Our vision is to change how drugs are developed for rare diseases by focusing on the science and patient needs, rather than the commercial potential. We partner with the patient community, researchers, clinicians, and financial donors to bring promising therapeutics to clinical trials. Our programs include preclinical programs in RPGRIP1-associated retinal dystrophies and Usher Syndrome. For additional information, visit odylia.org, and follow us on Twitter and LinkedIn.
Media Contact:
Holly Stevens
Berry & Company Public Relations
212-253-8881
hstevens@berrypr.com
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SOURCE Odylia Therapeutics | https://www.wibw.com/prnewswire/2022/08/18/odylia-therapeutics-announces-appointment-two-new-members-board-directors/ | 2022-08-18T12:37:20Z |
SYDNEY, July 31, 2022 /PRNewswire/ --
Highlights:
- Lithium from ioneer's Rhyolite Ridge project in Nevada will be supplied directly to Prime Planet Energy & Solutions, Inc. ("PPES")
- In support of end-to-end U.S. Electrified Vehicle supply chain and delivering on ioneer's initiatives, lithium supplied by ioneer will be produced, refined and incorporated into lithium-ion batteries by PPES, which will promote electrification in the U.S. Market
- The 5-year binding Agreement is for a total of 4,000 tonnes per annum of lithium carbonate from ioneer's Rhyolite Ridge Lithium-Boron operation in Nevada and represents approximately 19% of annual output in the first 5 years of production
- Prime Planet Energy & Solutions is a joint venture battery company between Toyota Motor Corporation and Panasonic Corporation
ioneer's Executive Chairman, James Calaway, said:
"ioneer is grateful to announce another key milestone for our company with a lithium carbonate offtake agreement with PPES. PPES is a world-class organisation and we look forward to being their trusted partner. This and the previously announced Ford and EcoPro agreements solidify ioneer's focus on the U.S. Electric Vehicle supply chain infrastructure. We look forward to providing lithium materials to PPES and all our offtake partners for their growth in the EV global market."
PPES's President, Hiroaki Koda said:
"I am delighted to have a great partnership with ioneer in the battery supply chain, that can promote vehicle electrification toward realizing a carbon-neutral society. Having an agreement with ioneer provides PPES a first step in securing a U.S. supply of lithium, one of the most important parts for corresponding with the fast growing electrified vehicle industry. We have confidence in ioneer's technology of refining sedimentary sourced lithium and their competitiveness, and are expecting it to strengthen the PPES supply chain."
ioneer Ltd ("ioneer" or "the Company") (ASX: INR, NASDAQ: IONR), an emerging lithium–boron supplier, is pleased to announce it has signed a binding offtake supply agreement ("Agreement") with the Prime Planet Energy & Solutions ("PPES") joint venture between Toyota Motor Corporation ("Toyota") and Panasonic Corporation ("Panasonic"), in which ioneer will supply PPES with lithium carbonate from its Rhyolite Ridge Lithium-Boron Project ("Rhyolite Ridge") in Nevada.
PPES is a battery production company established through joint-investment between Toyota, the world's largest automotive manufacturer by revenue, and Panasonic, a leading battery manufacturer.
Under the Agreement, ioneer will deliver 4,000 tons per annum (tpa) of lithium carbonate to PPES over a 5-year term. PPES will utilise ioneer's lithium carbonate to produce batteries for use in U.S. electric vehicles.
ioneer is expected to produce an annual average of approximately 20,600 tonnes of lithium carbonate/hydroxide along with approximately 174,400 tonnes of boric acid per year over the Rhyolite Ridge project's 26-year life1. The dual production of lithium and boric acid allows ioneer to not only produce lithium in the U.S., but to do so at the very bottom of the global cost curve. ioneer anticipates commencing production in 2025 to support urgent requirements for battery materials in the United States.
This Agreement follows the two earlier binding offtake agreements2,3 and, in total represents the completion of pre-production lithium carbonate supply commitments it currently intends to make for Rhyolite Ridge.
Key terms of the Agreement with PPES include:
- Product: Lithium carbonate
- Contract Duration: 5 Years
- Volume: 4,000 tpa
- Price: Adjusted quarterly based on agreed price formula
- Currency: USD per metric ton
- Conditions Precedent: ioneer's Final Investment Decision
This ASX release has been authorised by ioneer Managing Director, Bernard Rowe.
Contacts
About ioneer
ioneer Ltd is the 100% owner of the Rhyolite Ridge Lithium-Boron Project located in Nevada, USA, the only known lithium-boron deposit in North America and one of only two known such deposits in the world. The Definitive Feasibility Study (DFS) completed in 2020 confirmed Rhyolite Ridge as a world-class lithium and boron project that is expected to become a globally significant, long-life, low-cost source of lithium and boron vital to a sustainable future. In September 2021, ioneer entered a 50/50 joint venture agreement with Sibanye Stillwater Ltd to advance the Rhyolite Ridge project. ioneer will be the operator of the Project, which is expected to come onstream in 2025.
About Prime Planet Energy and Solutions
Prime Planet Energy & Solutions (PPES) is a leading developer and manufacturer of prismatic lithium-ion batteries, primarily for automotive applications. PPES offers optimum solutions that meet the needs of our customers using top-class products with industry-leading safety, quality, and performance, which have been developed and nurtured with the cooperation of an extensive range of business partners. In December 2017, Toyota Motor Corporation and Panasonic Corporation agree to start studying the feasibility of a joint automotive prismatic battery business. The two companies came to the shared realization that the popularization of electrified vehicles would be necessary to help address pressing social issues such as global warming, air pollution, the depletion of natural resources, and energy security, and that meeting customer demand and expectations around the world for electrified vehicles would help to realize a more sustainable society. Toyota and Panasonic agreed to establish a joint venture in January 2019 and that company, PPES, started operations in April 2020.
- Refer ASX release titled 'ioneer Delivers Definitive Feasibility Study that Confirms Rhyolite Ridge as a World-Class Lithium and Boron Project' announced 30 April 2020.
- Refer ASX release titled 'ioneer Signs Binding Lithium Offtake Agreement with Ford' announced 22 July 2022.
- Refer ASX release titled 'EcoPro Innovation Increases Lithium Offtake Volume from Rhyolite Ridge' released 16 February 2022.
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SOURCE ioneer | https://www.wibw.com/prnewswire/2022/07/31/ioneer-signs-binding-lithium-offtake-agreement-with-prime-planet-energy-amp-solutions/ | 2022-07-31T23:30:48Z |
Dollar store manager in critical condition after being stabbed by shoplifter, Alabama police say
MOBILE, Ala. (WALA/Gray News) – The manager of a Family Dollar store in Alabama is in critical condition after police say she was stabbed by a shoplifter.
Police said the stabbing happened at the store in Mobile on Thursday afternoon.
A store employee who witnessed the attack told WALA that a woman, identified as Takea Shackleford, was trying to steal bottles of dish detergent when the store manager started watching her. The employee, who did not want to be named, said that’s when Shackleford became aggressive and pulled out a knife.
“She bum-rushed her, and that’s when the lady swung the knife at her, twice, or three times,” the witness said. “She swung the knife at her three times and my manager was trying to fight back, but by that time she had already stabbed her in the neck.”
Police said the manager’s injuries are critical and she remains in the hospital.
As Shackleford was being escorted out of police headquarters, she admitted to WALA on camera that she was shoplifting and that she stabbed the manager. However, she claims the stabbing was in self-defense.
“That lady came at me and I was scared for my life. That’s why I stabbed her,” Shackleford said.
She also admitted that she was trying to steal a bag of Tide pods from the Family Dollar store and admitted she has been “shoplifting for days out of Walmart.”
Shackleford has been charged with attempted murder and first-degree robbery.
According to police, Shackleford faces additional charges connected to an incident at a local Walmart in July. In that case, police said she stole items from the store and hit two people with her car as she escaped. They suffered minor injuries.
Mobile Police Corporal Katrina Frazier is warning retail workers about the dangers of confronting suspected shoplifters.
“If you are working at a store, anywhere where you’re dealing with the general public, and they are attempting to leave that store with items, do not attempt to stop them because you do not know if they are armed with any type of weapon,” Frazier said. “And your life is more important than merchandise.”
Copyright 2022 WALA via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/12/dollar-store-manager-critical-condition-after-being-stabbed-by-shoplifter-alabama-police-say/ | 2022-08-12T18:54:45Z |
NEWARK, Calif., June 21, 2022 /PRNewswire/ -- Trive Capital announced that it has acquired Custom Microwave, Inc. (CMi), which will join the Vitesse Systems platform. Vitesse Systems was launched in 2018 following the acquisition of California Brazing. The platform is focused on mission critical assemblies that enable the advancement of communication, radar and electronic warfare systems.
CMi is a leading provider of high-performance passive antennas that are engineered for critical space and ground applications. CMi's engineering and testing expertise combined with advanced manufacturing processes such as electroforming and additive manufacturing will enable Vitesse to support a complete range of complex high-performance RF applications.
David Stinnett (Partner – Trive Capital) stated: "The proliferation of military and commercial satellites has resulted in increased demand for high performance antennas. The addition of CMi will enable Vitesse to support a broad range of LEO and GEO satellite programs and related ground-based systems. CMi will also complement Vitesse's existing thermal management and precision waveguide manufacturing capability."
Clency Lee-Yow (Owner and CEO – CMi) commented: "Partnering with Vitesse will allow us to gain broader exposure to a more diverse customer set and accelerate growth for CMi. We are excited to be able to support our customers as the demand for next generation communication systems continue to rise."
Matthew Alty (CEO – Vitesse Systems) explained: "We are excited to have Clency and the CMi team join Vitesse. CMi is not only a fantastic addition to our existing capabilities, but also a great cultural fit; an innovative people-led business with a long-standing track record of delivering antenna solutions that are critical to the security of the USA, enhance space exploration, facilitate earth observation and enable global communication."
Vitesse Systems is a leading supplier of complex cooling systems and communication hardware used in radar, electronic warfare, and data transmission applications. Headquartered in Newark, California, Vitesse operates five manufacturing facilities located in California, Colorado, Massachusetts, Maryland, and Nevada. All Vitesse facilities are ITAR Registered and DFARS compliant, serving a broad range of Aerospace and Defense customers.
Trive Capital is a Dallas, Texas based private equity firm with more than $4 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.
The Trive team is comprised of seasoned investment professionals who have been involved in over 100 middle-market transactions representing in excess of $6 billion in revenue across Trive's targeted industry sectors and situations.
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SOURCE Trive Capital | https://www.wibw.com/prnewswire/2022/06/21/trive-backed-vitesse-systems-acquires-custom-microwave-inc/ | 2022-06-21T19:48:14Z |
FORT LAUDERDALE, Fla. (AP) — A jury of seven men and five women was tentatively chosen Tuesday for a penalty trial to decide whether Florida school shooter Nikolas Cruz should be sentenced to death or get life in prison for the 2018 attack, capping a nearly three-month winnowing process that began with 1,800 candidates.
The jurors were picked from a final group of 53 candidates by prosecutors and defense attorneys. Those chosen survived three rounds of questioning that began on April 4 and dragged on through numerous delays caused by illnesses and other factors. Eight of 10 alternates were selected before Circuit Judge Elizabeth Scherer adjourned late Tuesday.
The jury will be finalized Wednesday. Both sides still have peremptory challenges that could change the main panel’s final makeup — the defense has two and the prosecution has six.
The jury will decide whether Cruz, 23, receives the death sentence or life in prison without parole for the murders of 14 students and three staff members at Parkland’s Marjory Stoneman Douglas High School on Feb. 14, 2018. Opening statements, originally expected in May, are now scheduled for July 18.
Cruz pleaded guilty in October to those murders and 17 counts of attempted murder, so the jurors will only decide his punishment. They must be unanimous for Cruz to get the death penalty — if at least one votes for life, that will be Cruz’s sentence.
The jurors currently on the main panel are two banking executives and two technology workers, a probation officer, a human resources professional and a Walmart store stock supervisor. Also included are a librarian, a medical claims adjuster, a legal assistant, a customs officer and a retired insurance executive. The defense used a late peremptory challenge as alternates were being chosen to remove a retired health care executive who had originally been seated on the main panel.
At least five currently seated are gun owners.
The panel will have a task never faced by a U.S. jury — no American mass shooter who killed at least 17 people has ever made it to trial. Nine others died during or immediately after their shooting attacks, killed either by police or themselves. The suspect in the 2019 slaying of 23 at a Walmart store in El Paso, Texas, is awaiting trial.
In the first phase of jury selection, the prospective panelists were simply asked if their employment and life circumstances would allow them to serve the four months the trial is expected to last. About 80% were eliminated because their employers wouldn’t pay them, they are self-employed, or they had school obligations or vacations planned.
In the second phase, the 300 remaining panelists were asked their opinions on the death penalty and whether they could be fair to Cruz. Finally, about 85 were asked about their lives and work histories, whether they could stomach seeing gruesome crime scene and autopsy photos and even if they play violent video games and believe white people have advantages in society not available to racial minorities.
The selection process was upended several times. One day, the sheriff’s deputies who guard the courtroom thought some potential jurors were about to attack Cruz and pulled him to safety as they quickly removed the threatening panelists. On another day, Scherer had to dismiss a group of potential jurors because one wore a T-shirt referencing the shooting that supported the victims and survivors. Selection also was delayed for two weeks when lead defense attorney Melisa McNeill contracted COVID-19.
The jurors will be exposed to graphic evidence, including crime scene and autopsy photos and tour the three-story classroom building where Cruz methodically stalked the halls, shooting at anyone in front of him and into classrooms. It has not been cleaned since the shooting and remains bloodstained and bullet-pocked, with Valentine’s Day gifts strewn about. | https://cw33.com/news/u-s-news/ap-us-headlines/final-jury-selection-begins-in-florida-school-massacre-trial/ | 2022-06-29T02:45:18Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- To meet the Sustainable Development Goals by 2030, an enormous boost in innovation capacity is required. Even as assets under management (AUM) of impact-focused investors have increased from 500 to 700 billion US$ in the last 2 years, the supporting infrastructure for investable solutions has lagged. Innovation programs that provide structured training and plans are a valuable way to ignite and nurture impact enterprises that can grow to scale. However, many of these lack deep business advisory support that can help enterprises navigate the complexity of social challenges. To help bridge these needs, Dalberg, a leading social impact advisory group has acquired Ravel Innovation, a Singapore-based company which designs, builds, and runs an ecosystem of innovation communities and corporate innovation programs, to help clients broaden and deepen their impact globally. This new offering will combine the expertise of both organizations and strengthen Dalberg's capabilities to help governments, NGOs, progressive corporations, and funders drive innovation towards meeting the SDGs.
As a result of this acquisition of Ravel, the teams will be able to help clients across the innovation spectrum, including building and running in-house incubators/accelerators; running innovation processes for specific problem statements; supporting young social enterprises to effectively scale; building innovation platforms and, more broadly, helping investments in innovation be more socially impactful.
"We see tremendous value in bringing Ravel's expertise to our clients who are seeking to unearth and scale innovative ideas for addressing the most pressing development challenges. The acquisition allows us to meaningfully engage with risk-takers looking to make a real dent in the challenges of today and the future. Importantly, the two organisations share a common ethos of keeping social impact at the centre of the problem statements we take on," said Gaurav Gupta, Partner and Regional Director for Asia, Dalberg Advisors.
"Over the past 10 years, since I started Impact Hub Singapore back in 2012, I have seen how social and environmental citizenship has evolved amongst our corporate and governmental clients - from an afterthought to a core belief, from maximising shareholder value at all costs to optimising for total stakeholder responsibility. As the first Google for Startups partner in Southeast Asia, our community has grown to over 28,000 innovators. I am beyond thrilled for Ravel to join the Dalberg global family and be able to extend our services and impact to an even wider audience," said Grace Sai, Founder and Director, Ravel Innovation.
With this acquisition, Dalberg aims to incorporate Ravel's innovation capabilities and networks into its global advisory, sector, and regional expertise. Ravel became part of Dalberg in May 2022 and their services will be offered to Dalberg's clients through Dalberg offices worldwide.
About Dalberg
Dalberg is a leading social impact advisory group that brings together strategy consulting, design thinking, big data analytics, and research to address complex social and environmental challenges. It works collaboratively with communities, institutions, governments, and corporations to develop solutions that create impact at scale.
About Ravel
Founded in 2012, Ravel Innovation builds, designs and runs an ever-growing ecosystem of spaces, communities and corporate innovation programs. Having worked with more than 100 organizations, it combines organisational psychology, startup-driven methodologies and an unparalleled network of global talent, technologies and experts to create real impact for their clients, who in turn, go on to change the world. It was also Google for Startup's first partner in Southeast Asia.
Media Contact
Karishma Kram
Director of Strategic Communications
E: karishma.kram@dalberg.com
Shweta Ramesh
Brand Communications Associate
E: shweta.ramesh@dalberg.com
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SOURCE Dalberg | https://www.wibw.com/prnewswire/2022/06/01/dalberg-strengthens-its-innovation-capabilities-through-acquisition-ravel-innovation/ | 2022-06-01T09:42:52Z |
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AEMD, BARK, JMIA, ARRY, and XCUR.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- AEMD: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AEMD&prnumber=081020221
- BARK: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BARK&prnumber=081020221
- JMIA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=JMIA&prnumber=081020221
- ARRY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ARRY&prnumber=081020221
- XCUR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XCUR&prnumber=081020221
(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.mysuncoast.com/prnewswire/2022/08/10/thinking-about-buying-stock-aethlon-medical-bark-jumia-technologies-array-technologies-or-exicure/ | 2022-08-10T14:08:55Z |
Netflix — which will bring the “Stranger Things” series back for a fifth and final season — and the experience discovery platform Fever have teamed to create an interactive attraction called “Stranger Things: The Experience,” which will debut on Oct. 22 at Atlanta’s Pullman Yards.
Netflix — which will bring the “Stranger Things” series back for a fifth and final season — and the experience discovery platform Fever have teamed to create an interactive attraction called “Stranger Things: The Experience,” which will debut on Oct. 22 at Atlanta’s Pullman Yards.
Special Photo
“Stranger Things: The Experience” takes patrons on an adventure through the darker side of Hawkins.
ATLANTA — Millions of viewers around the world have become diehard fans of Netflix’s supernatural streaming drama “Stranger Things,” which during its four-season run has been filmed in and around the Atlanta area, portraying the series’ Hawkins, Ind., locale.
Netflix — which will bring the series back for a fifth and final season — and the experience discovery platform Fever have teamed to create an interactive attraction called “Stranger Things: The Experience,” which will debut on Oct. 22 at Atlanta’s Pullman Yards.
“Stranger Things: The Experience” takes patrons on an adventure through the darker side of Hawkins in a new storyline that was developed exclusively by Ross and Matt Duffer, who created the award-winning show in 2016. Pullman Yards will be transformed into sets and challenges from “Stranger Things,” and fans will be able to visit sites like the Hawkins Lab and the Upside Down and will be able to meet real-life characters from the show.
There will also be a “Stranger Things”-themed bar and store to purchase exclusive show merchandise.
“We know our ‘Stranger Things’ fans will embrace the chance to be the heroes of the story, working alongside Eleven, Mike and the rest of the gang to fight the evil threatening to consume Hawkins,” Greg Lombardo, head of experiences at Netflix, said in a news release. “Fans love losing themselves in the world when they watch the show. Now, for the first time, they will literally be able to live an episode from the series.”
“Stranger Things: The Experience,” which promises “mind-blowing audiovisual effects,” has already enjoyed successful runs in New York City, San Francisco and London and after its Atlanta run will visit other cities throughout the world.
Tickets are limited and prices start at $49 per person; while walk-ins are welcome, guaranteed entry by purchasing advance tickets is recommended and tickets officially went on sale on Thursday. “Stranger Things: The Experience” lasts for 50 minutes (plus unlimited time at Mix-Tape, a collection of “Stranger Things” greatest hits, including themed food and drinks and unique photo opportunities) and time slots are available every 30 minutes.
The experience will be open from 4-9 p.m. on Wednesdays, Thursdays and Fridays, and from 11 a.m.-9 p.m. on Saturdays and Sundays. Attendees are encouraged to wear facemasks at all times and must adhere to local COVID-19 guidelines.
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Police: Arby’s manager in Washington peed in milkshake mix
Published: May. 16, 2022 at 12:49 PM CDT|Updated: 29 minutes ago
VANCOUVER, Wash. (AP) — A manager at an Arby’s fast food restaurant in Washington state has been accused of urinating into a milkshake mix that might then have been served to dozens of people.
The Columbian newspaper reports police in Vancouver uncovered footage of the 29-year-old man peeing into a bag of milkshake mix as they were executing a search warrant on his phone as part of a child pornography investigation.
Court documents say the manager acknowledged urinating into the mix, but said he was “almost sure” he threw the bag away.
He told detectives that if he didn’t throw the bag away, it would have been served to customers.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/16/police-arbys-manager-washington-peed-milkshake-mix/ | 2022-05-16T18:19:22Z |
Forecasters trim hurricane season outlook a bit, still busy
(AP) - This hurricane season may be a tad quieter than forecasters initially thought, but it is still likely to be busier than normal, government forecasters and others say.
NOAA forecasters Thursday trimmed their hurricane season outlook from a 65% chance for above-normal activity to 60% and increased the odds of a normal season from 25% to 30% because of uneven sea surface temperature, including a patch of cooler water off Portugal. Parts of the Atlantic are warmer than normal, but the variability had forecasters “backing off on the higher end” of their predictions, said lead hurricane outlook forecaster Matthew Rosencrans.
The weather agency now predicts 14 to 20 named storms instead of its May forecast which was 14 to 21. The predicted number of hurricanes remains the same at six to 10 while those storms that hit major category of at least 111 mph are now forecast to be three to five instead of three to six. The forecast includes the three tropical storms that formed in June and early July, about average for this time of year, but quieter than the last few years.
An average season has 14 named storms with seven becoming hurricanes and three of those being majors, according to NOAA. There were 21 named storms last year, a record 30 in 2020 and 18 in 2019.
“While the tropics have been relatively quiet over the last month, remember that it only takes one landfalling storm to devastate a community. This is especially critical as we head into what the team here anticipates is likely to be a busy peak of the season,” Rosencrans said in a press briefing.
A persistent La Nina — the natural cooling of parts of the Pacific that changes weather worldwide — weak trade winds and some warmer than normal Atlantic water temperatures still point to a busy season, Rosencrans said. But the patches of cool water, with temperatures closer to normal than originally predicted in some places, “could kind of tamp down on activity,” he said.
Colorado State University, which pioneered hurricane season forecasts, also dialed back its predictions for the season compared to what it said in April. The school now predicts 18 named storms, down from 19, with eight becoming hurricanes, down from nine. Colorado State predicts four major hurricanes, same as it forecast in April.
“I don’t think the season is going to be a dud, but it’s taking its sweet time getting going,” said Colorado State University hurricane researcher Phil Klotzbach, head of the school’s forecast team.
Klotzbach said this year with its strong La Nina and nearer to average water temperatures seems similar to 1999, 2000, 2011 and last year, which featured a devastating Hurricane Ida that hit Louisiana and sloshed into the Northeast with heavy rain, causing many deaths in the New York-New Jersey region.
“Hopefully, we’ll have no Idas this year, but the overall environment is very similar,” Klotzbach said.
About 90% of Atlantic storms happen from August on. Hurricane season peaks from mid-August to mid-October with the season ending on Nov. 30.
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Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/04/forecasters-trim-hurricane-season-outlook-bit-still-busy/ | 2022-08-04T18:02:00Z |
Services for Beverly Escobedo, 61, of Killeen are pending with Branford/Dawson Funeral Home.
Mrs. Escobedo died Monday, April 11, at her residence.
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NEW YORK, July 6, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of PTC Therapeutics, Inc. (NASDAQ: PTCT).
If you are a shareholder of PTC Therapeutics, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
http://pjlfirm.com/ptc-therapeutics-inc/
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.wibw.com/prnewswire/2022/07/06/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-ptc-therapeutics-inc-potential-breaches-fiduciary-duty-by-its-board-directors/ | 2022-07-06T15:13:39Z |
Top 10 homebuilder releasing 5 brand-new floor plans at popular resort-style development
AURORA, Colo., Sept. 15, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder and industry leader in online sales, is excited to announce the grand opening of the Floret Collection at The Outlook at Southshore—bringing 89 new homesites to Aurora's amenity-rich Southshore development. The collection showcases five brand-new floor plans starting in the mid $600s.
The Floret Collection features a versatile lineup of ranch and two-story floor plans with included smart home technology, beautiful exteriors, Whirlpool® appliances and more. Homebuyers will also love an array of resort-style amenities—such as multiple community centers, a saltwater pool, private access to Aurora Reservoir, and miles of trails. In addition, a prime location offers quick access to I-225, E-470, Southland's shopping center, the Denver Tech Center and Denver International Airport.
Buyers and agents are invited to attend the community's official Grand Opening event— slated for September 17 from 10 a.m. to 6 p.m.—offering complimentary refreshments and tours of the fully furnished Iris model.
Learn more at www.CenturyCommunities.com/SouthshoreFloret.
More About the Floret Collection at The Outlook at Southshore:
- Single-family homes from the mid $600s
- Ranch and two-story floor plans
- 2 to 7 bedrooms, 2.5 to 3.5 bathrooms, 2-bay garages
- Up to 2,940 square feet
- Stunning location alongside Aurora Reservoir
- Ranch homes with 10' ceilings
- Spacious backyards
- Standard full unfinished basements
- Exceptional amenities, including two large community centers and a saltwater pool
- Part of the prestigious Cherry Creek School District, including a community-based elementary school
Sales Center:
27902 E. Glasgow Place
Aurora, CO 80016
For more information or to schedule an appointment, call 303.557.4805
About Century Communities
Century Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder, offering new homes under the Century Communities and Century Complete brands. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 17 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.
For information, Contact:
Alyson Benn
Century Communities, Inc.
303-558-7352
Alyson.Benn@centurycommunities.com
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SOURCE Century Communities, Inc. | https://www.kxii.com/prnewswire/2022/09/15/century-communities-announces-grand-opening-southshore-aurora-co/ | 2022-09-15T16:27:08Z |
CALGARY, AB, July 11, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its subsidiary, Blessed CBD ("Blessed"), has begun sales of its premium hemp-derived CBD products on Amazon in the United Kingdom ("Amazon UK"). A range of Blessed CBD products, including gummies, capsules, and balms are now available on Amazon UK, and the remaining Blessed CBD products will be listed in the coming days. All Blessed products qualify for next-day delivery through Amazon Prime. Blessed also intends to list any future SKUs that it may add to its product lineup on the Amazon UK platform.
As with all other CBD retailers who are listed on Amazon UK, Blessed was invited by Amazon themselves to join the platform as a seller of CBD. Retailers that sell CBD through Amazon UK are required to have received Novel Foods Authorization from the United Kingdom's Food Standards Agency as well as pass compliance checks conducted by Amazon.
"The listing of Blessed CBD products on Amazon UK represents a fantastic growth opportunity for Blessed and High Tide. Amazon is unmatched as a global online marketplace, and by joining their platform in the UK, we are broadening Blessed's reach and making our products accessible for many more consumers," said Raj Grover, President and Chief Executive Officer of High Tide. "Today's announcement is another example of the strength of High Tide's diversified international cannabis ecosystem, as we are able to keep growing our presence and customer bases even in jurisdictions where cannabis is not yet legal. As we further execute on our international strategy, we will continue to explore new and innovative distribution channels for our products, as well as additional markets where we can expand into through our existing and rapidly-expanding ancillary cannabis brand portfolio," added Mr. Grover.
High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 127 current locations spanning Ontario, Alberta, Manitoba, and Saskatchewan. High Tide was featured in the third annual Report on Business Magazine's ranking of Canada's Top Growing Companies in 2021 and was named as one of the top 10 performing diversified industries stocks in the 2022 TSX Venture 50™. The Company is also North America's first and only cannabis discount club retailer, featuring Canna Cabana, Meta Cannabis Co., and Meta Cannabis Supply Co. banners, with additional locations under development across the country. High Tide's portfolio also includes retail kiosk and smart locker technology – Fastendr™. High Tide has been serving consumers for over a decade through its established e-commerce platforms including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through Nuleafnaturals.com, FABCBD.com, BlessedCBD.co.uk, and BlessedCBD.de, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information about High Tide Inc., please visit www.hightideinc.com, its profile page on SEDAR at www.sedar.com, and its profile page on EDGAR at www.sec.gov.
Certain statements in this news release are forward-looking information or forward-looking statements. Such information and statements, referred to herein as "forward-looking statements" are made as of the date of this news release or as of the date of the effective date of information described in this news release, as applicable. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (generally, forward-looking statements can be identified by use of words such as "outlook", "expects", "intend", "forecasts", "anticipates", "plans", "projects", "estimates", "envisages, "assumes", "needs", "strategy", "goals", "objectives", or variations thereof, or stating that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken, occur or be achieved, or the negative of any of these terms or similar expressions, and other similar terminology) are not statements of historical fact and may be forward-looking statements.
Such forward-looking statements are based on assumptions that may prove to be incorrect, including but not limited to the ability of High Tide to execute on its business plan and that High Tide will receive one or multiple licenses from Alberta Gaming, Liquor & Cannabis, British Columbia's Liquor Distribution Branch, Liquor, Gaming and Cannabis Authority of Manitoba, Alcohol and Gaming Commission of Ontario or the Saskatchewan Liquor and Gaming Authority permitting it to carry on its Canna Cabana Inc. business. High Tide considers these assumptions to be reasonable in the circumstances. However, there can be no assurance that any one or more of the government, industry, market, operational or financial targets as set out herein will be achieved. Inherent in the forward-looking statements are known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements, or industry results, to differ materially from any results, performance or achievements expressed or implied by such forward-looking statements.
The forward‐looking statements contained herein are current as of the date of this news release. Except as required by law, High Tide does not have any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forward-looking statement, nor does it intend, or assume any obligation, to update or revise these forward-looking statements to reflect new events or circumstances. Any and all forward-looking statements included in this news release are expressly qualified by this cautionary statement, and except as otherwise indicated, are made as of the date of this news release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
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SOURCE High Tide Inc. | https://www.kxii.com/prnewswire/2022/07/11/high-tide-subsidiary-blessed-cbd-launches-sales-hemp-derived-cbd-products-amazon-uk/ | 2022-07-11T10:45:21Z |
BARRIE, ON, June 30, 2022 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) ("MediPharm Labs" or the "Company") a pharmaceutical company specialized in precision-based cannabinoids, today announced the results of matters voted on at its annual meeting of holders of common shares held on Thursday, June 30, 2022 (the "Meeting"). The voting results for each of the matters presented at the Meeting are outlined below.
There were 293 shareholders represented virtually or by proxy at the Meeting holding 56,374,684 common shares, representing 20.564% of MediPharm Labs total issued and outstanding common shares as at the record date for the Meeting. As the Meeting was held virtually, all resolutions were passed by a ballot vote.
1. Election of Directors
Each of the nominees for election as directors were elected as directors of MediPharm Labs for the ensuing year or until their successors are elected or appointed. Voting results for the election of the individual directors are as set out below:
At the completion of his term, Dr. Paul Tam did not run for re-election for the Board of Directors and effective today resigned from the position. The Company's Board of Directors continues to be composed entirely of Independent Directors, with David Pidduck being the only Executive Director.
2. Appointment of Auditor
KPMG LLP, Chartered Professional Accountants, was appointed auditor of MediPharm Labs until the next annual meeting of the holders of the Shareholders at remuneration to be fixed by the directors. Voting results are as set out below:
3. Amendment to Equity Incentive Plan
An amendment was approved to the Company's rolling long-term omnibus equity incentive plan to increase the plan limit from 10% to 15%. Voting results are as set out below:
The amended equity incentive plan will, among other things, provide the Company with an equity-based mechanism to attract, retain and motivate qualified directors, employees, and consultants, to reward contributions towards the Company and to enable and encourage long-term investment in the Company.
About MediPharm Labs
Founded in 2015, MediPharm Labs specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products utilizing a Good Manufacturing Practices certified facility with ISO standard-built clean rooms. MediPharm Labs has invested in an expert, research driven team, state-of-the-art technology, downstream purification methodologies and purpose-built facilities with five primary extraction lines for delivery of pure, trusted and precision-dosed cannabis products for its customers. Through its wholesale and white label platforms, MediPharm Labs formulates, develops (including through sensory testing), processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets.
In 2021, MediPharm Labs received a Pharmaceutical Drug Establishment Licence from Health Canada, becoming the only company in North America to hold a domestic Good Manufacturing Licence for the extraction of natural cannabinoids. The Company carries out its operations in compliance with all applicable laws in the countries in which it operates.
Website: www.medipharmlabs.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION:
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inability of MediPharm Labs to obtain adequate financing; the delay or failure to receive regulatory approvals; and other factors discussed in MediPharm Labs' filings, available on the SEDAR website at www.sedar.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, MediPharm Labs assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.
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SOURCE MediPharm Labs Corp. | https://www.mysuncoast.com/prnewswire/2022/06/30/medipharm-labs-announces-voting-results-2022-annual-meeting-shareholders/ | 2022-06-30T22:08:57Z |
Danish clothing and underwear retailer uses mParticle to power more personalized shopping experiences and promote customer retention
NEW YORK, July 12, 2022 /PRNewswire/ -- mParticle, the leader in Customer Data Infrastructure, today announced that DILLING, a high-growth Danish organic/sustainable clothing and underwear retailer, has selected mParticle to manage its customer data and lay a foundation for the delivery of more personalized eCommerce experiences.
Since its founding in 2010, DILLING's mission has been to create the best inner layers imaginable for all customers. Born out of a family-owned clothing and underwear business founded in 1916, the team leverages their rich knowledge of fabrics and manufacturing to provide a diverse selection of high-quality products. DILLING knows that when it comes to digital experiences, just like undergarments, there's no such thing as 'one-size-fits-all.' To increase customer engagement and customer lifetime value, DILLING plans to use mParticle to leverage customer data to deliver more relevant newsletter content and power advanced digital experiences such as loyalty and live shopping.
Although DILLING's manufacturing process was built upon an extensive infrastructure of interconnected systems–organic wool imported from Argentina, primarily dyed and treated in Denmark, before being cut and sewn in Lithuania–their digital experiences lacked the same interconnected customer data foundation. Accessing customer data and using it for personalization required a lot of manual work, which delayed the teams' time-to-value and prevented the launch of more advanced digital experiences.
DILLING chose to implement mParticle as their Customer Data Platform to improve connectivity between marketing tools and make it easier to power personalized experiences. By providing business users with easy access to clean, high-quality customer data and enabling them to connect customer data to third-party tools such as Klaviyo, Algolia, Commercetools, and Google Ads without engineering support, mParticle helps the DILLING marketing team deliver more relevant information to individual customers, ultimately increasing engagement and retention.
"mParticle enables us to power more customer-focused marketing while ensuring that we have a good customer data foundation," explains Mark Nygaard Leth, Chief Information Officer of DILLING. "This also sets us up with the ability to integrate additional tools such as loyalty systems and live shopping more easily in the future."
"DILLING is developing an expansive customer base, with highly-engaged customers across eight European countries and counting," continued Karen Gallantry, Chief Revenue Officer at mParticle. "By using mParticle, DILLING is able to power the delivery of relevant information and offers to customers at speed and scale."
mParticle makes it easy to holistically manage customer data along the entire product and customer lifecycle. Teams across companies like NBCUniversal, JetBlue, Venmo, and Airbnb use mParticle to deliver great customer experiences and accelerate growth by solving the foundational challenges that impede success at scale. mParticle announced a $150M fundraise in October 2021 led by Permira on the heels of strong growth and product innovation.
Founded in 2013, mParticle is headquartered in New York City with employees around the globe. For more information, visit http://mparticle.com.
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SOURCE mParticle | https://www.kxii.com/prnewswire/2022/07/12/dilling-lays-foundation-tailored-experiences-with-mparticle-customer-data-platform/ | 2022-07-12T20:17:37Z |
Envista Credit Union presents Perry organization with donation
Published: Sep. 2, 2022 at 5:15 PM CDT|Updated: 13 minutes ago
PERRY, Kan. (WIBW) - The community showed out for Alpha Christian Children’s Home and School!
Envista Credit Union presented the Perry organization with the results of August’s Envista Cares Challenge: $8,125 raised from the community. Envista promoted the children’s home throughout the month of August, and of course matched the donations with an additional $2,500.
Alpha Christian takes in children in need of a home for a variety of circumstances.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/02/envista-credit-union-presents-perry-organization-with-donation/ | 2022-09-02T22:31:08Z |
Mowilex earns recognition for its commitment to sustainability, innovation and leadership
JAKARTA, Indonesia, Aug. 2, 2022 /PRNewswire/ -- PT Mowilex Indonesia (Mowilex) has earned a 2022 Best Managed Companies in Indonesia award from Deloitte, becoming the only paint company to receive the prestigious honour. The Indonesia's Best Managed Companies program recognises top privately-owned Indonesian companies for their organisational success, industry contributions and economic impact.
An independent panel evaluated applicants against a framework applied to 1,200 other companies in 48 countries worldwide. Judges reviewed strategy, management quality, capabilities and innovation, culture and commitment, and governance and financials.
Mowilex stood out among a large and competitive field thanks, in part, to its commitment to quality and environmental responsibility.
"An award is a snapshot in time, not a destination. Mowilex faces complex challenges and formidable competition, but we succeed when we embrace leadership opportunities and strive for continuous improvement," says Niko Safavi, CEO of PT Mowilex Indonesia. "Our vision is to be the most trusted paint brand in our market. This Deloitte recognition proves that we can be just that."
Safavi received the Best Managed Companies award during a July ceremony at the Hotel Pullman Jakarta. Several Deloitte representatives gathered to recognise Mowilex and other 2022 winners.
"The inclusion of these six companies in this year's winners' list, as well as their contributions to the business community and the Indonesian economy, should make them extremely proud. These companies are at the forefront of their industries, having demonstrated such creativity and innovation, especially over the past couple of years. We applaud the 2022 winners of Indonesia's Best Managed Companies," says Claudia Lauw, Country Managing Partner, Deloitte Indonesia.
By participating in the evaluation process, business leaders gain insights that help them refine operations and optimize growth.
"It can be difficult for people outside our industry to get excited about paint, and we appreciate that Deloitte chose Mowilex from a field of large, well-managed companies and high-profile unicorns here in Indonesia," says Safavi. "Each Mowilex team member does their part to work efficiently and effectively. This Best Managed Companies award recognises that company-wide commitment to success."
The Indonesia's Best Managed Companies award is based on the 29-year-old global Best Managed Companies program, an initiative of Deloitte Private. For information on Mowilex products and sustainability initiatives, please visit mowilex.com/en.
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SOURCE PT Mowilex Indonesia | https://www.mysuncoast.com/prnewswire/2022/08/02/deloitte-names-mowilex-one-indonesias-best-managed-companies-2022/ | 2022-08-02T18:52:05Z |
WASHINGTON (AP) — Senate Democrats have agreed to eleventh-hour changes to their marquee economic legislation, they announced late Thursday, clearing the major impediment to pushing one of President Joe Biden’s paramount election-year priorities through the chamber in coming days.
Sen. Kyrsten Sinema, D-Ariz., a centrist seen as the pivotal vote in the 50-50 chamber, said in a statement that she had agreed to revamping some of the measure’s tax and energy provisions and was ready to “move forward” on the bill.
Senate Majority Leader Chuck Schumer, D-N.Y., said he believed his party’s energy, environment, health and tax compromise “will receive the support of the entire” Democratic membership of the chamber. His party needs unanimity and Vice President Kamala Harris’ tie-breaking vote to move the measure through the Senate over certain solid opposition from Republicans, who say the plan’s tax boosts and spending would worsen inflation and damage the economy.
The announcement came as a surprise, with some expecting talks between Schumer and the mercurial Sinema to drag on for days longer without guarantee of success. Schumer has said he wants the Senate to begin voting on the legislation Saturday, after which it would begin its summer recess. Passage by the House, which Democrats control narrowly, could come when that chamber returns briefly to Washington next week.
Democrats revealed few details of their compromise, and other hurdles remained. Still, final congressional approval would complete an astounding resurrection of Biden’s wide-ranging domestic goals, though in more modest form.
Democratic infighting had embarrassed Biden and forced him to pare down a far larger and more ambitious $3.5 trillion, 10-year version, and then a $2 trillion alternative, leaving the effort all but dead. Instead, Schumer and Sen. Joe Manchin, the conservative maverick Democrat from West Virginia who derailed Biden’s earlier efforts, unexpectedly negotiated the slimmer package two weeks ago.
Its approval would let Democrats appeal to voters by boasting they are moving to reduce inflation — though analysts say that impact would be minor — address climate change and increase U.S. energy security.
“Tonight, we’ve taken another critical step toward reducing inflation and the cost of living for America’s families,” Biden said in a statement.
Sinema said Democrats had agreed to remove a provision raising taxes on “carried interest,” or profits that go to executives of private equity firms. That’s been a proposal she has long opposed, though it is a favorite of Manchin and many progressives.
The carried interest provision was estimated to produce $13 billion for the government over the coming decade, a small portion of the measure’s $739 billion in total revenue.
It will be replaced by a new excise tax on stock buybacks which will bring in more revenue than that, said one Democrat familiar with the agreement. The official, who was not authorized to discuss the deal publicly and spoke on condition of anonymity, provided no other detail.
Sinema said she had also agreed to unspecified provisions to “protect advanced manufacturing and boost our clean energy economy.”
She noted that Senate parliamentarian Elizabeth MacDonough is still reviewing the measure to make sure no provisions must be removed for violating the chamber’s procedures. “Subject to the parliamentarian’s review, I’ll move forward,” Sinema said.
The measure must adhere to those rules for Democrats to use procedures that will prevent Republicans from mounting filibusters, delays that require 60 votes to halt.
Schumer said the measure retained the bill’s language on prescription drug pricing, climate change, “closing tax loopholes exploited by big corporations and the wealthy” and reducing federal deficits.
He said the bill “addressed a number of important issues” that Democratic senators raised during talks. He said the final measure “will reflect this work and put us one step closer to enacting this historic legislation into law.”
Left unclear was whether changes had been made to the bill’s 15% minimum corporate tax, a provision Sinema has been interested in revising. It would raise an estimated $313 billion, making it the legislation’s largest revenue raiser.
That levy, which would apply to around 150 corporations with income exceeding $1 billion, has been strongly opposed by business, including by groups from Sinema’s Arizona.
The final measure was expected to include assistance that Sinema and other Western senators have been trying to add to help their states cope with epic drought and wildfires that have become commonplace. Those lawmakers have been seeking around $5 billion but it was unclear what the final language would do, said a Democrat following the bargaining who would describe the effort only on condition of anonymity.
The measure will also have to withstand a “vote-a-rama,” a torrent of nonstop amendments expected to last well into the weekend, if not beyond. Republicans want to kill as much of the bill as possible, either with the parliamentarian’s rulings or amendments.
Even if their amendments lose — as is certain for most — Republicans will consider it mission accomplished if they force Democrats to take risky campaign-season votes on touchy issues like taxes, inflation and immigration.
Democratic amendments are expected as well. Progressive Sen. Bernie Sanders, I-Vt., has said he wants to make its health care provisions stronger.
The overall bill would raise $739 billion in revenue. That would come from tax boosts on high earners and some huge corporations, beefed-up IRS tax collections and curbs on drug prices, which would save money for the government and patients.
It would spend much of that on initiatives helping clean energy, fossil fuels and health care, including helping some people buy private health insurance. That would still leave over $300 billion in the measure for deficit reduction. | https://cw33.com/business/ap-business/dems-consider-changes-to-economic-bill-weekend-votes-ahead/ | 2022-08-05T13:10:38Z |
--Data-and Technology-Driven Marketing Industry Poised to Benefit from Strong Secular Tailwinds--
NEW YORK and DETROIT, June 2, 2022 /PRNewswire/ -- Crestview Partners ("Crestview"), a leading private equity firm, today announced that it has completed a majority investment in OneMagnify (the "Company"). Crestview is investing alongside the existing management team led by CEO Mark Petroff, who will continue to lead the Company. Financial terms of the transaction were not disclosed.
Founded in 1967, OneMagnify is a trusted provider of data-driven and integrated marketing, analytics and technology solutions to blue-chip clients across a diverse set of industrial and consumer end-markets. The Company partners with clients to design, implement and manage marketing and communications strategies leveraging analytical and predictive data models that provide value-added customer insights to develop individually targeted marketing efforts which drive higher levels of sales conversion. With approximately 600 employees, the Company services its clients in the automotive, industrial, consumer goods, and financial services industries out of its six global offices across the U.S., Asia, and Europe.
Alex Rose, Co-President and Head of Industrials at Crestview, said, "The continued and accelerating focus on technology and data-driven strategies to enhance decision-making is driving pervasive secular tailwinds for OneMagnify's solutions. With its commitment to collaborative client service, impressive capabilities across technology, data analytics and marketing, and strong employee culture, OneMagnify has established itself as a thought leader and partner to its clients. This investment builds directly on Crestview's experience investing in technology-driven companies with sophisticated and solutions-oriented value propositions that enable clients to focus on their core competencies. We are thrilled to be partnering with Mark and the entire OneMagnify team and look forward to working together to accelerate the Company's growth while continuing to provide best-in-class service and solutions to its clients around the world."
Mark Petroff, CEO of OneMagnify, said, "We are enthusiastic about the journey ahead with Crestview as our partner as we embark on the next phase in OneMagnify's evolution. Thanks to the hard work and dedication of our entire team, we have built a company with an award-winning employee culture that offers its clients diverse solutions at the intersection of marketing, technology and analytics. We believe Crestview's experience with technology-enabled companies with roots in the industries in which many of our existing clients operate will present opportunities for OneMagnify's employees, clients, and partners. We believe that Crestview's complementary expertise and commitment to accelerating OneMagnify's acquisition and geographic expansion strategies will enable us to realize our growth potential."
"We believe OneMagnify is well-positioned to accelerate growth during this period of ongoing digital transformation across industries," said Bradford Williams, Principal at Crestview. "We are excited to partner with OneMagnify at an inflection point in the Company's trajectory and look forward to deploying additional capital to fuel the Company's growth and diversification, augment its global footprint and enhance its capabilities and solutions to become an even more value-added partner to its clients."
Bodman PLC served as legal advisor to OneMagnify, and Gibson, Dunn, & Crutcher LLP served as legal advisor to Crestview.
A leading provider of digital marketing and analytics services, OneMagnify seamlessly connects marketing, technology and analytics to draw more meaningful insights and provide greater impact to its clients' business performance. Headquartered in Detroit, MI, with a 50-year track record of success and services delivered by a team with 600+ employees across six global offices, OneMagnify brings deep industry expertise and results-driven analysis to every service it provides. For more information, please visit www.onemagnify.com.
Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media and financial services. For more information, please visit www.crestview.com.
For more information, please contact:
Jeffrey Taufield or Daniel Yunger
Kekst CNC
(212) 521-4800
jeffrey.taufield@kekstcnc.com / daniel.yunger@kekstcnc.com
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SOURCE Crestview Partners; OneMagnify | https://www.kxii.com/prnewswire/2022/06/02/crestview-partners-completes-majority-investment-onemagnify-leading-provider-data-driven-marketing-analytics-technology-solutions/ | 2022-06-02T11:23:15Z |
Here’s when you should hire a tax pro
By Jeanne Sahadi, CNN Business
You know you have to pay taxes. So you may not be eager to spend yet more money to work with a tax professional.
But since taxes affect most areas of your life — and since tax laws change all the time — there are several situations when it makes financial sense to consult a tax pro, who can not only help with preparing your return but also offer smart tax planning advice.
Your income picture is complicated — or you just hate doing taxes
If your financial life is simple, chances are you can handle your own tax return. That is, unless you’re too busy or just aren’t great about filling out tax forms accurately and on time.
Your tax situation is usually considered “simple” if you don’t have a whole lot of additional income outside of your regular job. For example, your income consists of your paycheck and some interest on your bank accounts. And maybe you rent your home and don’t have kids.
In such a case, do-it-yourself tax software that offers access to a live help line can take you through the process step by step, said Misty Erickson, a tax content specialist at the National Association of Tax Professionals.
But the more complex your financial life, the more important it becomes to seek professional help. That’s because tax rules, tax rates, tax breaks and tax forms will differ depending on the type of income and investments you have.
One example: Your household income is a mix of wages, investment income, freelance income and a government benefit, such as Social Security or unemployment.
On top of that, you may want to take a slew of different deductions and credits. For example, a small business owner who doesn’t make a lot of money and who is a parent of young children may be in line to take many such breaks, but each comes with its own (often confusing) eligibility rules.
Think of it this way, Erickson said: “The more tax documents [and forms] you have [to file], the more complex your taxes.”
The IRS is going to audit you
If you’ve gotten a notice (or worse, several notices) from the IRS indicating you owe money, including penalties and interest, or that you are being audited due to underreporting of income, find someone qualified and experienced in representing taxpayers before the IRS — whether it’s a certified public accountant, an enrolled agent or a tax attorney.
Finding someone with experience is key, said John Schultz, a California-based certified public accountant. “They know the larger issues that have to be addressed and what can be brushed aside.”
Plus, they can coach you on what to say and what not to say, noted Erickson, who used to audit taxpayers in Minnesota. “If you have someone in your corner who knows taxes, they can help you and it can go that much quicker.”
You’re embarking on a big life change
Making big personal and professional changes will have tax consequences.
So if you’re getting married, having a child, divorcing or planning to retire in five years, consult with a tax pro and get advice for how to minimize your tax bite or maximize your tax advantage.
The same goes if you’re starting, selling or buying a business. Or even if you just hope to launch an income-producing side gig as a landlord.
And if you’re selling your home, you may benefit from help figuring out your capital gains liability on the sale.
You invest in crypto
Tax oversight of cryptocurrency transactions is growing. And record-keeping can be a complex tangle when it comes to trades and payments.
If you sell crypto or are paid for your goods or services in crypto, those are taxable events. You also may have to issue tax forms if you pay someone else in crypto for their goods and services.
It’s easy to forget about taxes when you’re caught up in the excitement of a new frontier, especially for inexperienced investors. “They don’t realize there’s a lot of tax liability that goes on with these things,” Schultz said.
You run a small business or are a gig worker
Running a small business — or even making you’re living as an independent contractor — has all sorts of tax implications.
Before starting out, at least consult with a tax pro to learn about those implications, including the many tax breaks you can take based on your anticipated business expenses.
You’ll also want help figuring out how to structure your business for tax purposes. There are several options that will affect how much tax you will owe and how much liability protection you will have. There also may be different rules for how to account for your expenses and tax liabilities if you have employees or if you take on partners.
“Doing it right up front can save you a lot of money,” Erickson said.
You get an inheritance or are settling an estate
Schultz said people often tell him they got an inheritance and wonder if it’s taxable. His response: “Well, what did you inherit? A retirement account? Property? Stock? Liquid cash?”
Just as with different types of income, there are different types of inheritances, and each have their own tax consequences.
Similarly, if you’re the executor of someone’s estate, you might save yourself (and the person’s heirs) a lot of headaches if you seek help from an estate tax attorney to prepare the estate’s tax return and to learn about the federal and state tax consequences of the assets to be inherited.
Choose someone with a good reputation
As helpful as a tax pro can be you definitely want to ensure you’re working with someone reputable and competent — because if you don’t you could be left liable for unpaid taxes, penalties and interest.
The US Department of Justice recently urged consumers to learn how to spot a dishonest tax preparer. “Taxpayers are responsible for what is on their return, even when it is prepared by someone else,” said Deputy Assistant Attorney General David A. Hubbert of the Justice Department’s Tax Division. “If your preparer asks you to sign a blank return, will not let you review your return before filing it, or is depositing your refund in a way that is not clear to you, consult the IRS’s website to make sure you are not exposing yourself to trouble.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/2022/04/08/heres-when-you-should-hire-a-tax-pro/ | 2022-04-08T16:36:58Z |
80-year-old graduates six decades after dropping out
OMAHA, Neb. (KETV) - A lot of people take a semester off during college, even a year or longer.
But a Nebraska woman needed more time than that. A lot more.
It was about 60 years ago when University of Nebraska - Omaha student Madeline Adams had to pause her education to care for her family.
She graduated this month, proving it’s never too late to achieve one’s goals.
Adams, now 80 years old, started school at the university when the mascot was still “The Indians” back in 1960.
“Well, life happened,” she said. “Expecting, married, second child, third child, divorced, moved out of state.”
Adams moved to Missouri and worked real estate for 15 years before ending up in Hawaii and then Arizona before settling with her daughter, Robin Wright.
“My daughter, who lives in Texas, she’s here today. She begged me to come visit her,” Adams said.
While getting her mother moved in, Wright noticed something.
“I noticed that she had 40 credits from UNO, and I said, ‘Mom, why don’t you just finish?’” Wright said.
Adams enrolled and did online classes, crediting her daughter for pushing her across the finish line.
“She’s the wind beneath my wings, she really is, and she’s my biggest cheerleader,” Adams said.
Wright would say her mom did the flying on her own.
“She would always kind of jokingly say we were the smart ones, but I was like, ‘Mom you made us. You (are) the one who taught us,’” Wright said.
Wright calls her mother an inspiration.
“I didn’t realize the whole thing was that they were 19 when they had one and 22 when they had all three of us, and she really dropped out to work for us,” Wright said.
Adams said she’s finally putting a period on her education career.
“I always told my children, ‘Don’t start anything you can’t finish,’ so I had to be the example, right?” she said.
Adams said she plans to take her degree and use it for her volunteer work.
Copyright 2022 KETV via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/05/15/80-year-old-graduates-six-decades-after-dropping-out/ | 2022-05-15T19:28:31Z |
PITTSBURGH, Aug. 9, 2022 /PRNewswire/ -- "I needed an efficient and environmentally-friendly solution for wrapping branch trees with Christmas lights without staples and without gaps to evenly blanket a tree," said an inventor, from Miami Beach, Fla., "so I invented THE BRIDGE. My design works in conjunction with the elastic mini lights to wrap trees with Christmas lights without damaging the trees or the lights."
The patent-pending invention provides an easier way to secure mini lights on a tree. In doing so, it helps to evenly space the lights on the tree. As a result, it saves time, effort and money and it could enhance the appearance of the illuminated decoration. The invention features a practical design that is easy to use so it is ideal for households and commercial locations. Additionally, a prototype is available.
The original design was submitted to the Hollywood/Miami sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-HAD-181, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/08/09/inventhelp-inventor-develops-device-use-with-outdoor-mini-lights-had-181/ | 2022-08-09T15:54:03Z |
Award-winning AI Surveillance Company Announces New Reg A+ Amidst Growth
MIAMI, June 3, 2022 /PRNewswire/ -- Today, award-winning cloud video surveillance provider Cloudastructure announced a new remote guarding solution, disclosed new initiatives across the company, and most notably, announced their latest Reg A+ has been qualified, listing units at $2.00 a unit.
Cloudastructure announced they have experienced 700% growth in bookings in the first five months of 2022. The company also remains in a strong cash position with more than $13MM on hand.
In addition to expanding the company's flagship AI Surveillance features and user interface, engineering has added a new cloud-based Remote Guarding solution to Cloudastructure's portfolio which pairs seamlessly with AI Surveillance. The solution offers:
- Unique cybersecurity, as it requires no port in the router, or hole in the firewall, or VPN.
- Greater speed than on-premises solutions since cloud download speed is higher than client site upload speed.
- Affordability, as it eliminates the need for multiple APIs and requires fewer IT resources for provisioning.
- Plentiful features and analytics that are otherwise either slow to produce or computationally inaccurate.
The rollout of the new Remote Guarding platform is slated for Q3 2022.
In the first five months of 2022, Cloudastructure has bookings of $9M*, which represents a 700% increase over 2021, thanks to multiple enterprise clients contracting for AI Surveillance, with a planned 12-month rollout to more than 1,000 locations nationwide.
The company reported an additional $19M currently in the sales pipeline, citing intense growth from multi-site operators in the areas of: real estate, education, restaurants, banks, auto dealerships and distribution centers.
In terms of marketing, the company has garnered significant trade media attention and awards. Having been declared "Security Innovation of the Year 2022" at the global Cloud Awards in January, Cloudastructure went on to win Platinum at Security Magazine's GOVIES in the Cloud Solutions category. More recently, Cloudastructure was tapped by the American Business Awards for four Stevie Awards:
- Achievement in Revenue Generation (GOLD)
- Best New Cloud Service/Application (GOLD)
- Best New AI/ML Solution (SILVER)
- Company of the Year in Business Services (SILVER)
In addition to the expansive bookings, pipeline growth and strong cash position, Cloudastructure qualified a new Reg A+ offering (see offering circular here). This is the second Reg A+ for Cloudastructure, after their initial Reg A+ delivered more $31M in investments by early 2022. Cloudastructure's new online warrant portal saw another $2.7MM in funding during the initial month of availability, beginning in January 2022.
Units in the original Reg A+ were $1 per unit (two shares plus one warrant exercisable at $0.75 a share). The company raised the price of the initial Reg A+ to $1.20 per unit (two shares plus one warrant exercisable at $0.90 per share).
The new Reg A+ offering, which qualified on May 19, 2022, is selling units at $2.00 per unit (two shares plus one warrant exercisable at $1.50 per share.)
The warrant portal for warrant holders has also been reopened with the new qualification. Shareholders with warrants that were due to expire during the 3 months while the SEC reviewed the new Reg A+ have been granted a 30-day extension period to exercise them.
Bookings and pipeline numbers are unaudited and subject to change which may be significant. Contracts can be canceled at any time. The value of contracts is not guaranteed.
Cloudastructure CEO Rick Bentley commented, "We continue to develop the most cutting-edge, cloud-based, end-to-end security system in the market in order to meet the needs of enterprise businesses: a scalable solution that combines artificial intelligence and machine learning with true cloud integrity, so businesses can optimize security while reducing costs. Our efforts show in these results. Cloudastructure is accruing new customers at a fast pace, while the trade media continues to recognize and reward the remarkable engineering feat our platform continues to be."
Headquartered in Miami, Florida, with R&D in Silicon Valley, California, Cloudastructure's award-winning surveillance video management system is designed and supported by world-class technical resources drawn from five continents. The platform's unique architecture enables AI and computer vision for scalable, flexible, cost-effective security and eliminates the resource-intensive management and data risks of on-premises solutions. Cloudastructure enables a unified view of multiple sites for motion, facial recognition/detection, anomaly detection, object counting, LPR, advanced analytics, and compliance and delivers up to a 75% lower total cost of ownership than other systems. For more information, visit www.cloudastructure.com.
*Bookings numbers are unaudited and subject to change which may be significant. Contracts can be canceled at any time. The value of contracts is not guaranteed
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SOURCE Cloudastructure, Inc | https://www.mysuncoast.com/prnewswire/2022/06/03/cloudastructure-announces-700-bookings-growth/ | 2022-06-03T13:06:25Z |
ATLANTA, June 14, 2022 /PRNewswire/ -- Unique Indoor Comfort ("Unique"), a partnership of HVAC and plumbing services companies that is employee, technician and customer-focused, has added A-Total Plumbing to its growing roster of high-integrity companies.
A-Total Plumbing specializes in first-rate repairs, installations and other services for residential and commercial clients in metro Atlanta. It has a longstanding history of customer satisfaction, including a five-star Google rating, with more than 1,000 reviews.
"Unique values culture and employees and we do everything we can to continue that legacy," said Chief Executive Officer Nate Kukla. "Professional technicians are the heart of an excellent home services business and recruiting and training of personnel is our top priority. I am thrilled to welcome A-Total Plumbing to our growing platform."
Unique is backed by Grove Mountain Partners, an Atlanta-based private equity firm focused on home services and specialty business services companies. Beginning in mid-2021 with Unique Indoor Comfort of Philadelphia, Moncrief Heating and Air Conditioning and Werley Heating & Air Conditioning, the platform has since added Clay's Climate Control, Detmer and Sons Inc., Canella Heating & Air Conditioning and now A-Total.
With a new acquisition financing facility in place, Unique is poised to add similarly-aligned successful owners capable of substantial growth with additional capital. It is expected to double in size over the next three quarters while growing its service footprint across the Eastern United States.
"The HVAC and plumbing home services industry generates about $90 billion annually," said John Koch, Chairman of Unique and Partner at Grove Mountain. "It is dominated by smaller, local operators. By partnering with like-minded and like-valued owners, which we have been fortunate to do on our first seven deals, we can bring marketing, technology and employee benefits – as examples - to these companies and help them reach the next level while accelerating their growth."
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SOURCE Unique Indoor Comfort | https://www.wibw.com/prnewswire/2022/06/14/unique-indoor-comfort-makes-seventh-acquisition-continues-add-established-successful-home-service-businesses/ | 2022-06-14T20:57:03Z |
- First launched in Europe and Latin America, Enel expands Gridspertise – its company dedicated to accelerating the digital transformation of power grids – to the United States (US) to accelerate the transition to a fully decarbonized and electrified power sector.
- Enel's Net Zero Grid Day event today in Rome unveiled the US growth strategy for Gridspertise which will provide electricity Distribution System Operators (DSOs) and utilities in the US access to cutting-edge sustainable solutions for the transformation of electricity distribution networks.
- Enel will leverage its global expertise as the world's largest privately owned operator of digitally managed power distribution grids, to provide solutions focused on metering and grid edge digitalization, networks infrastructure digitalization, and field operations digitalization.
BOSTON, May 16, 2022 /PRNewswire/ -- Enel today launched into the United States (US) market Gridspertise, a new subsidiary fully dedicated to supporting power grid operators and utilities in the digital transformation of electricity networks into smart grids to facilitate the transition towards a fully decarbonized and electrified power system. Driving this expansion of Enel's global Gridspertise business is the need to provide digital solutions to address the increasing variability in energy supply and demand, especially as supply transitions from a centralized to decentralized system and as more end-users electrify their consumption.
Gridspertise's expansion into the US market, announced today at Enel's Net Zero Grid Day event in Rome, will help DSOs and utilities respond to the increasing demands and complexities being placed on the regions' power grids. The digitalization of legacy networks to increase resiliency and reliability of supply, or the deployment of field operations digital solutions are among the solutions that Gridspertise is already offering to European and Latin American utilities and that the company is now bringing to the US. Enel will showcase its ecosystem of Gridspertise solutions for the first time in the US at DistribuTECH International 2022, focusing on three areas of applicability: Prediction & Prevention, Grid Automation & Resilience as well as Fast Response & Restoration.
"With today's launch of Gridspertise in the US, we are introducing a new tech company working with an open collaboration approach with utilities and technological partners to support grid modernization plans as a crucial step in combatting the climate crisis and building a net-zero, fully electrified future," said Robert Denda, CEO of Gridspertise. "There is no better time than the present for the US launch of Gridspertise and its solutions, as the country grapples with the energy transition and the goal of a carbon-free electric sector."
Gridspertise plans to partner with DSOs and utilities throughout the US to support grid modernization and digitalization plans through metering and grid edge, network infrastructure, and field operations digital solutions.
- Metering and grid edge digitalization, focused on increasing customer engagement and stakeholder participation through smart metering and grid edge technologies that also enable the electricity prosumers' involvement in the markets;
- Network infrastructure digitalization, aimed at boosting intelligence and flexibility of power grids to enable the decentralized and fully digitalized management of energy systems through solutions such as the QEd - Quantum Edge® device, increasing efficiency, reliability and quality of service and supporting DSOs as they transition to meet the complex needs of a fully electrified future;
- Field operations digitalization, aimed at increasing operational efficiency through innovative solutions for planning and operation processes, while enhancing safety for both in-house and contractors' field workers.
"A modernized grid needs to be digitalized to effectively handle the more frequent extreme weather events in the US brought on by climate change, in addition to the growth of renewables, distributed energy resources and the electrification of energy uses," said Enrico Viale, Enel's Head of North America. "Enel North America is proud to have brought Enel X, Enel Green Power and now Gridspertise to the US market to assist grid operators and utilities in their commitment to a sustainable, resilient and reliable electric grid."
Gridspertise aims to involve US utilities in collaborative testing programs of their innovative QEd device for digital substations in a push to deploy solutions that can enhance legacy infrastructure with smart grid functionalities allowing for example a faster integration of electric mobility and decentralized renewables without costly rebuilds and increasing at the same time the grid resilience. The solutions and services delivered by Gridspertise provide benefits for the entire electric ecosystem. For DSOs, they can increase service quality, reduce operating costs, optimize investments in new infrastructure and enhance safety, productivity and sustainability of field operations. Grid users can benefit from a platform to integrate distributed energy resources and facilitate the development of the energy service market, including flexibility and electrification of end uses. For end customers, Gridspertise solutions and services increase the reliability of the electricity supply, facilitate electrification, foster energy efficiency, and make it easier for end customers to become prosumers by taking part in energy markets.
For more information on Gridspertise, please visit www.gridspertise.com.
Enel, which celebrates its 60th anniversary this year, is a multinational power company and a leading integrated player in the global power and renewables markets. At the global level, it is the largest renewable private player, the foremost network operator by number of end users and the biggest retail operator by customer base. The Group is the worldwide demand response leader and the largest European utility by ordinary EBITDA [1]. Enel is present in 30 countries worldwide, producing energy with over 90 GW of total capacity. Enel distributes electricity through a network of over 2.2 million kilometers to more than 75 million end users. The Group brings energy to around 70 million homes and businesses. Enel's renewables arm Enel Green Power has a total capacity of more than 54 GW and a generation mix that includes wind, solar, geothermal, and hydroelectric power, as well as energy storage facilities, installed in Europe, the Americas, Africa, Asia, and Oceania. Enel X Global Retail, Enel's global advanced energy services business line, has a total capacity of around 6.6 GW of demand response managed globally and has installed 59 MW of behind-the-meter storage capacity. In addition, Enel X Way is the Group's new global business line fully dedicated to electric mobility, managing around 350,000 public and private EV charging ports worldwide, both directly and through interoperability agreements.
[1] Enel's leadership in the different categories is defined by comparison with competitors' FY 2020 data. Publicly owned operators are not included.
Enel North America, part of the Enel Group, is a clean energy leader in North America and is working to electrify the economy and build a low-carbon future by decarbonizing energy supply, creating resilient grids, and promoting a just, equitable transition. Enel North America's portfolio includes 7.8 GW of renewable capacity, 110,000 EV charging stations, 4.7 GW of demand response capacity and 11 utility-scale battery energy storage systems totaling 1,139 MWh of capacity under construction or in operation. The company proudly serves over 4,500 customers, which include businesses, utilities and cities. Enel operates in the US and Canada through five businesses: Enel Green Power, Enel X, Enel Energy and Commodity Management, Enel X Way and Gridspertise. Learn more about Enel North America by visiting www.enelnorthamerica.com.
www.enel.com | www.enelx.com | www.enelgreenpower.com | www.evcharging.enelx.com | www.gridspertise.com
North America News Media
T 978-965-0062
NorthAmericaMedia@enel.com
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SOURCE ENEL - North America | https://www.wibw.com/prnewswire/2022/05/16/enel-launches-gridspertise-us-market-support-build-out-more-flexible-resilient-clean-power-grids/ | 2022-05-16T20:50:05Z |
Following more than two years of development, Flagship unveils Apriori Bio with $50 million of committed capital
CAMBRIDGE, Mass., July 11, 2022 /PRNewswire/ -- Flagship Pioneering, the bioplatform innovation company, today announced the launch of Apriori Bio, a health security company aimed at providing humanity with variant-proof protection against rapidly evolving viruses. Founded in 2020, Apriori has developed Octavia™, a unique biology-informed AI platform that can infer the full landscape of potential variants for a given virus. Using Octavia, Apriori can define the antibody repertoire that most broadly protects against current and future variants of a virus, enabling the development of variant-proof vaccines and antibody drugs. Flagship's initial commitment to Apriori is $50 million.
No one can reliably predict which virus or viral variant will be responsible for the next outbreak, and many of the world's most dangerous viruses evolve faster than new medicines can be developed. The COVID-19 pandemic has shown how easily viruses can outwit the human immune system by constantly mutating to either evade vaccines and therapeutics or limit how long they are effective. There are many other viruses that mutate rapidly – including HIV, Influenza, Ebola, and countless others – and such viruses have frustrated every attempt so far to develop effective and durable vaccines.
"The world was brought to its knees two years ago by the COVID-19 pandemic. We must imagine a future in which we secure our health instead of resigning ourselves to being unprepared for viral threats," said Noubar Afeyan, Ph.D., Founder and CEO of Flagship Pioneering and Co-Founder and Chairman of Apriori Bio. "Apriori Bio's technology platform can be used to develop vaccines and antibody drugs for viral variants that have yet to emerge, taking a leap toward shielding humanity from existing and future viral threats."
Rather than chase variants as they evolve, Apriori's pioneering approach aims to define protection needed towards potential future variants before they appear – "a priori." After learning the evolutionary paths underlying viral variability, Octavia generates millions of synthetic variants in vitro from anchor sequences. The platform then measures the abilities of antibodies and cell receptors to bind to each variant. Using machine learning, Octavia models how each variant would behave in real life and identifies those that pose the greatest potential threat – which in turn enables the design and development of variant-proof vaccines and antibody drugs already protective against future variants. Importantly, these datasets and tools also enable Octavia to generate real-time pathogen intelligence that can inform public health decisions and policies.
"Future outbreaks are inevitable, but preparedness is a choice. Apriori shifts the concept of preparedness for viral threats," said Lovisa Afzelius, Ph.D., MBA, Origination Partner at Flagship Pioneering and Co-Founder and CEO of Apriori. "By integrating and learning from evolutionary and experimental data at unprecedented scale, Apriori can infer the behavior of and mitigate the danger posed by existing and future viral variants. Using Octavia, we can design uniquely effective new medicines and support public health by predicting the impact of emerging variants in real time."
Apriori is actively assessing opportunities to partner with governments and companies, alongside in-house development of vaccines and antibody drugs for an array of viral threats. The company will prioritize viruses of concern to the World Health Organization, starting with SARS-CoV-2, Influenza and HIV before exploring further options.
Apriori's team draws from the intersection of biological insight and cutting-edge computational science. In addition to Noubar Afeyan and Lovisa Afzelius, Apriori's founding team includes Alex Goldsmith, Flagship Pioneering Vice President of Strategy and Operations and Chief Operating Officer for Apriori, and Daniel Acker, Flagship Pioneering Senior Associate and Chief Innovation Officer for Apriori. The company's advisory team includes Jesse Bloom, Ph.D., a virologist at the Fred Hutchinson Cancer Center, in Seattle; Arup Chakraborty, Institute Professor MIT and Academic Partner at Flagship Pioneering; Andrew Weber, Former Assistant U.S. Secretary of Defense for Nuclear, Chemical and Biological Defense Programs; Wellington Sun, M.D., former Head of Vaccine Strategy, Moderna and former Director, U.S. Food and Drug Administration Division of Vaccines; Tom DiLenge, Senior Partner, Global Public Policy, Regulatory, and Governmental Strategy, Flagship Pioneering; and Stephen Hahn, M.D., Flagship Pioneering CEO-Partner and CEO of Harbinger Health. Dr. Hahn served as the 24th Commissioner of the U.S. Food and Drug Administration.
Apriori is working to create a world where humanity is protected against viral threats. Our pioneering approach centers on a unique technology platform, Octavia, which allows us to survey the entire landscape of existing and potential viral variants to design new vaccines and antibody drugs against the most threatening variants. Octavia can also inform public health policy in real time by predicting the impact of emerging variants. Apriori was founded in 2020 in Flagship Labs, a unit of Flagship Pioneering. For more information visit www.aprioribio.com or follow us on LinkedIn and Twitter at @AprioriBio.
Flagship Pioneering conceives, creates, resources, and develops first-in-category bioplatform companies to transform human health and sustainability. Since its launch in 2000, the firm has, through its Flagship Labs unit, applied its unique hypothesis-driven innovation process to originate and foster more than 100 scientific ventures, resulting in more than $100 billion in aggregate value. To date, Flagship has deployed over $2.9 billion in capital toward the founding and growth of its pioneering companies alongside more than $19 billion of follow-on investments from other institutions. The current Flagship ecosystem comprises 41 transformative companies, including Denali Therapeutics (NASDAQ: DNLI), Evelo Biosciences (NASDAQ: EVLO), Foghorn Therapeutics (NASDAQ: FHTX), Moderna (NASDAQ: MRNA), Omega Therapeutics (NASDAQ: OMGA), Rubius Therapeutics (NASDAQ: RUBY), Sana Biotechnology (NASDAQ: SANA), and Seres Therapeutics (NASDAQ: MCRB).
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SOURCE Apriori Bio | https://www.wibw.com/prnewswire/2022/07/11/flagship-pioneering-launches-apriori-bio-provide-variant-proof-protection-greatest-viral-threats/ | 2022-07-11T11:33:39Z |
Project represents a major contribution to retailer's renewable energy portfolio, expected to begin producing energy by end of the year
GRAND RAPIDS, Mich., July 11, 2022 /PRNewswire/ -- Just six months after announcing its goal to reduce 50 percent of its absolute carbon emissions by 2025 – and four months after entering into a solar energy project – Midwestern retailer Meijer announced today its involvement in a wind energy center that contributes to its renewable energy portfolio and marks significant strides in meeting its carbon reduction goal.
The retailer signed a renewable product purchase agreement (RPPA) with a subsidiary of NextEra Energy Resources, LLC, of which Meijer will purchase the majority of energy generated by the project. NextEra Energy Resources is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. The project, named Lacy Creek Wind Energy Center, is under construction on 60,000 acres in Glasscock and Sterling counties, Texas, and is expected to be completed in late 2022. The project will use 108 wind turbines to generate renewable energy.
This investment complements the retailer's recently announced utility-scale, solar project with Duke Energy Sustainable Solutions, which both contribute to its renewable energy portfolio. Both projects will begin producing energy by the end of the year, putting the retailer on the right path to achieving its carbon reduction goal by 2025.
"As a company, we believe it's more important now than ever to do our part to better the environment, which is where our ambitious sustainability goal originated. While the Lacy Creek Wind Energy Center is one of multiple sustainability initiatives Meijer has underway, we're pleased it has contributed to the accelerated progress in meeting our sustainability goal by 2025," Meijer President & CEO Rick Keyes said. "The impact these environmental sustainability initiatives will make in the coming years go beyond improving daily operations at our Meijer stores; they align with our values and our continued focus on being a good steward of the environment."
The retailer's efforts will deliver approximately 800,000 megawatt hours (MWh) of renewable electricity annually through the Lacy Creek Wind Energy Center.
"We are pleased to work with Meijer in alignment with their ambitious sustainability goals," said Matt Handel, Senior Vice President of Development for NextEra Energy Resources. "This project also creates economic stimulus in Glasscock and Sterling counties in Texas, providing good jobs and additional tax revenue."
In March 2022, Meijer announced its renewable energy power purchase agreement (VPPA) with developer Duke Energy Sustainable Solutions, which states Meijer will purchase a portion of the energy generated by the project for the first 15 years of operation. The project broke ground in Navarro County, Texas on 1,800 acres of land and is expected to be completed by the end of the year.
In addition to recent partnerships, Meijer continues to build on its longstanding commitment to the environment by integrating sustainability into daily operations, addressing carbon and waste reduction, recycling, offering local and sustainable products and continuing responsible growth.
"We believe we have a responsibility to improve the world around us because it's the right thing to do," said Erik Petrovskis, Director Environmental Compliance and Sustainability at Meijer. "Our investment in the Lacy Creek Wind Energy Center is essential to ensuring a positive impact on the environment within the communities we serve across the Midwest and beyond."
Schneider Electric, the leading global advisor on corporate renewable energy procurement, supported Meijer in the selection of and negotiations for the solar project.
"It's an honor to work with Meijer, who is acting urgently to reduce their carbon emissions by 2025," said Steve Wilhite, President of Schneider Electric Sustainability Business. "It's impactful to see that one of the largest Midwest supermarket retailers continues to adopt renewable electricity and decarbonize their operations."
About Meijer: Meijer is a Grand Rapids, Mich.-based retailer that operates 262 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the "one-stop shopping" concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter at twitter.com/Meijer and twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.
About Schneider Electric: Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On. Our mission is to be your digital partner for Sustainability and Efficiency. We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries. We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values. www.se.com
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SOURCE Meijer | https://www.wibw.com/prnewswire/2022/07/11/meijer-invests-wind-energy-makes-significant-strides-toward-its-goal-reducing-50-percent-absolute-carbon-emissions-by-2025/ | 2022-07-11T14:40:44Z |
The Kitchen Shop has been offering Lansing residents kitchen and bath remodel and design services for over 50 years.
LANSING, Mich., Sept. 2, 2022 /PRNewswire/ -- The Kitchen Shop, one of West Michigan's premier kitchen and bath retailers announces a pivot from the traditional store-front strategy to a more personalized, in-home selling approach. In an effort to best serve customers with their home remodeling projects, The Kitchen Shop of Lansing will provide in-home services to match consumer buying behavior while moving away from in-store sales. With this change in business operations, The Kitchen Shop of Lansing, located at 5320 S. Pennsylvania Ave. plans to close its doors on Friday, September 16th.
"After over 50 years of store operations in the Lansing market, we do not take this decision lightly. Years of deliberation and thorough research has brought us to this decision, and we are excited to announce our new strategy aimed at better servicing Lansing homeowners. Our Lansing location is an impressive studio, however, the large footprint is no longer necessary in today's remodeling landscape. By closing the doors to our Lansing location, we will be able to continue offering the same services to Lansing residents while expanding into other markets. Our parent company, WS Townsend has been offering design consultations in-home for over two years with great success, so we know this is the right direction to take," Said JW Townsend, CEO of The Kitchen Shop & WS Townsend Companies.
The Kitchen Shop's goal with this new direction is to make kitchen remodeling and bathroom renovation projects easy. Once an inquiry is received, The Kitchen Shop's client services team will call to schedule an in-home appointment. During the 90–120-minute consultation, the following can be expected:
- A discussion on what the needs and goals are for the remodeling project(s)
- An overview of The Kitchen Shop, the process, and the product(s)
- Review of physical samples to help visualize the final design
- An initial measure is taken to prepare an estimate
For more information on The Kitchen Shop's in-home design consultations, visit https://thekitchenshops.com.
The Kitchen Shop has been in business for over 50 years with locations in Lansing, Battle Creek, and Kalamazoo.
The Kitchen Shops are kitchen and bath design centers servicing homeowners, as well as home builders. For more information, visit https://thekitchenshops.com.
WS Townsend Companies, doing business as Michigan Kitchen Distributors ("MKD") has been in business for 72 years and is a second-generation family-owned and operated provider of kitchen bath remodeling solutions.
MKD is a full-service countertop provider, offering quartz, granite, solid surface, laminate countertops and more to Michigan, Northern Indiana, and Northern Ohio residents, as well as builders and dealers. In addition, MKD offers a variety of remodeling solutions for kitchens and bathrooms, including outdoor kitchens and cabinet refacing.
For more information, visit https://mkdkitchens.com.
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SOURCE The Kitchen Shop | https://www.mysuncoast.com/prnewswire/2022/09/02/kitchen-shop-pivots-lansing-store-front-strategy/ | 2022-09-02T14:20:38Z |
Caught on camera: Officers save toddler’s life during traffic stop
FREDERICKSBURG, Va. (WUSA) - Three police officers in Virginia saved a choking toddler after pulling her father over for speeding.
Officer Cristian Durham saw a car going 70 miles per hour in a 35-zone around 4 a.m. May 19 along Emancipation Highway in Fredericksburg, Virginia. When he pulled the car over, the driver said his 2-year-old daughter was having an emergency.
The toddler was choking and had trouble breathing.
So, Durham called for backup. Hearing the call, Officers Devin Kraft and Camille Zecher headed to the scene.
“This job makes you think on your feet,” Kraft said.
Working together, the three officers provided first aid, with Durham patting the 2-year-old on the back until she could breathe freely once again.
“Thank God. As soon as that baby starts crying and it’s breathing, you’re like cool. Everything is better now,” Kraft said.
Both Durham and Zecher said the situation was particularly stressful because they are parents themselves.
The toddler’s parents later thanked the officers on Facebook, a simple gesture that would go a long way.
“I know for me, personally, that that’s more than enough,” Durham said.
Copyright 2022 WUSA via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/05/30/caught-camera-officers-save-toddlers-life-during-traffic-stop/ | 2022-05-30T07:54:02Z |
PITTSBURGH, Aug. 1, 2022 /PRNewswire/ -- "I was working on a job once that had limited safety access for the workers," said the inventor from Riverdale, Utah. "I thought of this idea to help provide extra stability and safety for individuals that use extension ladders."
He created a prototype of LADDER SAFETY BASE that offers the users a simple and effective safety device to prevent shifting while on an extension ladder. This device would help the user be protected from movement on the ladder through a cradle, nonslip design. It would be easy to use and provide enhanced safety. Additionally, this would eliminate concern over ladder stability and could be used by contractors, construction workers, and more.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SGJ-152, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/08/01/inventhelp-presents-extension-ladder-stability-device-sgj-152/ | 2022-08-01T17:54:03Z |
Transformative New All-Digital Media Network Unveiled as Part of LaGuardia's Reimagined Terminal C; Award-Winning Digital Media Program Completed at Terminal B
Cutting Edge Digital Infrastructure Coming to International Airports at JFK and Newark Liberty
Thousands of Square Feet of Digital Displays Strategically Placed to Lift Brand Campaigns to New Altitudes as Business, Leisure Travel Soar
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Today, the Port Authority of New York and New Jersey and Clear Channel Airports (CCA), the Americas-based airports business of Clear Channel Outdoor Holdings, Inc., (NYSE: CCO) announced new, world-class digital media infrastructure at the region's airports, including the unveiling of a transformative, new all-digital media network as part of LaGuardia's reimagined Terminal C.
The Port Authority and Clear Channel signed a 12-year contract in November 2020 for the advertising franchise at all Port Authority airports. Under the contract, Clear Channel committed to upgrade the airports' digital displays. Clear Channel is now in the process of completing that contract and modernizing the entire advertising program across Newark Liberty International, John F. Kennedy International, New York Stewart International and LaGuardia airports, with over 95 percent of the overall investment going into highly impactful digital displays. An award-winning digital media program was completed at LaGuardia Airport's Terminal B earlier this year, with cutting-edge digital displays now coming to EWR and JFK later this year.
Specifically, the new all-digital displays in Terminal C feature:
- Two unique 50+ foot-wide head-on, 90-degree corner LED soffits, a first and the largest digital asset CCA has ever installed in an airport;
- An iconic 43-foot-wide video wall at eye-level, one of the largest of its kind;
- Six large LED displays positioned within key gate-hold areas;
- A network of 98-inch ultra-high-definition displays on the way to and from piers;
- Two head-on large format video walls as you descend into baggage claim; and
- A network of 75-inch portrait ultra-high-definition displays across the arrivals floor.
The recovery in air travel this spring and summer -- with some days exceeding pre-COVID 19 levels -- signals that business and leisure travelers are once again headed to conferences, meetings and tourist destinations. The growing number of travelers is creating an advertising environment for brands to reconnect with this valuable audience at LGA, JFK and EWR. Importantly, air travel returning to pre-pandemic levels is now driving a resurgence in airport advertising that opens the door for marketers to help shape the consumer experience and journey in major airports.
"It takes state-of-the-art technology to create a world-class airport, and that's exactly what Clear Channel has provided with its investment in cutting edge digital technology throughout our facilities," said Port Authority Executive Director Rick Cotton. "Spacious interiors, floor-to-ceiling windows, inspiring public art, iconic restaurants and shops and Clear Channel's extraordinary digital displays all combine to meet the Port Authority of New York and New Jersey's new standard in airports: award-winning, best-in-class facilities worthy of the region."
"The new digital media infrastructure being rolled out at our facilities matches the agency's transformative redevelopment efforts across the region," said Port Authority Chairman Kevin O'Toole. "Modernizing our advertising platforms is just another step in the Port Authority's broader efforts to provide a world-class, 21st century travel experience for our customers."
"The quality of the media Clear Channel is designing and integrating into Port Authority airports is more than world-class and will play a vital role in transforming the passenger and advertiser experience as well as redefining airport media," said John Moyer, SVP, Development, CCA. "The new state of the art LaGuardia Terminal C digital media network is elegantly incorporated into the spectacular terminal design and positioned and sized for maximum impact. Unique new 90-degree digital corner locations are also perfect to showcase anamorphic content as well as being among the best media in the region."
Overall, the new media network in LaGuardia Terminal C alone amounts to nearly 2,000 square feet of digital signage, most of it head-on or in high dwell areas with more to come as other concourses are opened.
As LaGuardia is a point of welcome and farewell for passengers in the NY/NJ region, Clear Channel is uniquely poised to help brands connect with these key airport arrival and departure audiences throughout the area in a 360-degree experience by reaching them on its myriad displays at the airport and throughout the city and region wherever they drive, walk or fly.
The Port Authority of New York and New Jersey is a bi-state agency that builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. For over a century, the agency's network of major airports; critical bridges, tunnels and bus terminals; a commuter rail line; and the busiest seaport on the East Coast has been among the most vital in the country – transporting hundreds of millions of people and moving essential goods into and out of the region. The Port Authority also owns and manages the 16-acre World Trade Center campus, which today welcomes tens of thousands of office workers and millions of annual visitors. The agency's historic $37 billion 10-year capital plan includes unprecedented transformation of the region's three major airports – LaGuardia, Newark Liberty and JFK – as well as an array of other new and upgraded assets, including the $2 billion renovation of the 90-year-old George Washington Bridge. The Port Authority's annual budget of $8 billion includes no tax revenue from either the states of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, visit www.panynj.gov or check out the Now Arriving blog.
About Clear Channel Outdoor Holdings, Inc.
Clear Channel Outdoor Holdings, Inc. ("CCOH") (NYSE: CCO) is at the forefront of driving innovation in the out-of-home advertising industry. Our dynamic advertising platform is broadening the pool of advertisers using our medium through the expansion of digital billboards and displays and the integration of data analytics and programmatic capabilities that deliver measurable campaigns that are simpler to buy. By leveraging the scale, reach and flexibility of our diverse portfolio of assets, we connect advertisers with millions of consumers every month across more than 500,000 print and digital displays in 26 countries.
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SOURCE Clear Channel Airports | https://www.wibw.com/prnewswire/2022/08/11/port-authority-clear-channel-bring-new-all-digital-media-program-airports/ | 2022-08-11T18:27:59Z |
Registration is now open for world's premier AI and analytics conference this September
CARY, N.C., Sept. 6, 2022 /PRNewswire/ -- The pandemic, climate change, economic uncertainty, supply chain issues, human resource shortages, increasing instances of fraud – as the world confronts today's challenges, analytics giant SAS presents solutions for a better future. From Sept. 27-29, data scientists and technology enthusiasts from around the world will gather virtually at SAS Explore 2022, an event that showcases how technologies like SAS® Viya® and cloud analytics are helping organizations solve the problems of today and innovate for tomorrow.
Registration is now open for the free event. SAS Explore will spotlight a lineup of prominent keynote speakers, dozens of sessions from SAS customers and partners, and extensive learning opportunities.
SAS: Around the Globe in Three Days
"SAS Explore is made for technologists, by technologists," said Bryan Harris, Executive Vice President and Chief Technology Officer at SAS. "We're bringing together data scientists, business analysts, IT administrators and data engineers from around the globe to showcase how SAS delivers the most productive analytics and AI software in the market."
SAS Explore will be streamed across three regions: the Americas (Sept. 27-29), Asia Pacific (Sept. 28-29), and Europe, the Middle East and Africa (Sept. 28-29).
Customer-led sessions: Using SAS to transform the industry
Participants of SAS Explore 2022 will learn how SAS customers are applying AI, machine learning, IoT analytics and other technologies to revolutionize their services and address complex problems with advanced solutions. These organizations include the World Wildlife Fund (WWF), AES Corp., Equifax, Georgia-Pacific, and many more.
This conference will also host some of the regional, industry, and technology winners of the 2022 SAS Hackathon. Teams will share how they used SAS Viya on the Microsoft Azure cloud platform to build innovative solutions that make a difference in their organizations and the world at large.
Insightful keynotes
SAS Explore 2022 will feature renowned speakers who are using technology to inspire, educate and transform the future. Among these are:
- CEO and co-founder of SAS Jim Goodnight, who helped launch the analytics software industry
- CTO and Executive VP of SAS Bryan Harris, who leads the company's R&D efforts
- Actress, Author, and PhD Mayim Bialik, known for her role on The Big Bang Theory and as a host of Jeopardy!
- Broadcaster, TED Talks alum and former poker champion Liv Boeree
- Founder of Girls Who Code and bestselling author Reshma Saujani
Free learning opportunities
SAS Explore 2022 will include a diverse lineup of demos and free training sessions led by SAS experts and partners.
Demos will showcase the latest software from SAS and its capabilities across industries, including government, energy, banking, insurance and more. Examples include:
- Python Integration in SAS Studio
- SAS Analytics in Microsoft Azure: It's Just a Click Away
- SAS Visual Investigator: Your Window Into SAS
Free training sessions will dive into the tools driving today's world forward, including AI, machine learning, cloud, data management and advanced analytics. They include:
- Software Workshop: Advanced Tips and Tricks for Model Studio
- Struggling with Syntax? SAS Studio to the Rescue!
- Using Python for Data Analytics in SAS Viya
- More Analysis, Less Coding with SAS Viya for Learners
Register Today
To network with some of the brightest minds in technology and discover how SAS is helping transform today's analytics for tomorrow, join us at SAS Explore 2022. Register today! It is free and all virtual.
About SAS
SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.
SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2022 SAS Institute Inc. All rights reserved.
Editorial Contacts:
Maddy Werner
maddy.werner@sas.com
919-531-5442
or
Mike Nemecek
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919-531-5140
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SOURCE SAS | https://www.wibw.com/prnewswire/2022/09/06/sas-explore-reveals-future-analytics/ | 2022-09-06T16:06:34Z |
A portion of the commitment supports the North American Meat Institute (NAMI)'s Protein PACT for the People, Animals and Climate of Tomorrow (PACT) food security goal
MINNEAPOLIS, Aug. 1, 2022 /PRNewswire/ -- Cargill is continuing their legacy and commitment to fighting food insecurity through a new $4.9 million donation to the Feeding America® network of member food banks. The company's donation comes at a moment when the need for food assistance remains high from continued pandemic and economic impacts.
A key component of Cargill's latest donation will include $1.9 million in support of increasing the supply of nutritious protein throughout the charitable food system. Protein, including chicken, beef, pork, and even some plant-based foods, are the most requested items for people facing hunger. Yet many local food banks lack proper infrastructure to refrigerate and repackage donated bulk proteins in a safe way, significantly reducing their ability to supply protein to the communities they serve. The result of this far-reaching demand paired with a lack of supply is a substantial gap in the amount of protein being distributed versus what is needed.
One way to help combat this 'protein gap' is through the creation and/or optimization of protein pack rooms that provide proper refrigeration and storage for proteins, in addition to equipment allowing food bank workers and volunteers to safely repackage bulk proteins into individual portions for recipients. A 30' x 40' pack room has the potential to prepare 300,000 pounds of bulk protein per year, which helps local food banks distribute additional protein to people facing hunger.1
"More than 38 million people in America face hunger. As food and transportation costs continue to rise across the country, protein remains a high-need food item and food banks are feeling that demand," said Erika Thiem, Feeding America's Chief Supply Chain Officer. "Feeding America is grateful for the generous contribution from Cargill and for NAMI's support through their Protein PACT as we strive to close the protein gap and provide neighbors with the nutrition needed to thrive now and into the future."
Cargill's allocated funding for protein access will be made in support of the North American Meat Institute (NAMI)'s Protein PACT for the People, Animals and Climate of Tomorrow (PACT), which encompasses NAMI's sustainability strategy and brings together a coalition of partners across animal agriculture committed to accelerating achievement of global development goals including ending hunger. The funding will be used to support the sustainment of protein pack rooms at local food banks and will also enable a set of innovative and complementary projects that aim to reduce the protein gap for vulnerable communities across the country.
"Filling the 'protein gap' and ensuring families in need have access to enough nutrient-dense meat is essential to ending hunger in the United States," said Meat Institute president and CEO Julie Anna Potts. "Food security is key to NAMI's Protein PACT vision for 2030, and Cargill's contribution demonstrates the considerable achievements underway."
"Cargill has proudly supported Feeding America for more than three decades, and their efforts to combat hunger across our nation." said Tom Windish, president of Cargill's beef and turkey business in North America. "We're excited to work together with industry partners like NAMI to ensure that the Feeding America network of food banks have access to more protein, a critical source of nutrition for the nation's most food insecure."
The remainder of Cargill's latest $4.9 million donation will go towards grants for food banks within Cargill markets, with a focus on rural communities and/or communities of color with high food insecurity rates. The donation will also support continued investment in Cargill's legacy food safety program and funding for disaster relief programs.
Over the past 35 years, Cargill has donated more than $28 million to Feeding America and over ten member food banks throughout the United States. Most recently, the company has donated $600,000 towards the Northwest Arkansas Food Bank's new facility, $275,000 in support of Harvesters – The Community Food Network, and $1,000,000 to the Second Harvest Heartland in Minnesota. The donation to Second Harvest Heartland will be directed towards childhood hunger initiatives and programs like the Minnesota Central Kitchen, a community meals program that provides nutritious, prepared meals to vulnerable populations.
In 2020 alone, Cargill contributed more than $30 million to reducing global hunger and improving nutrition through diverse partnerships such as CARE, Heifer International, the World Food Program USA, Save the Children and Feeding America.
In addition to its work with U.S. food banks, Cargill has also donated more than $500,000 to hunger relief organizations in Canada such as Food Banks Canada and Second Harvest Canada. The company is also an active supporter of Means Database, an online platform that connects supermarkets, restaurants and other stakeholders with excess food inventory to emergency food providers and those in need.
About Cargill
Cargill's 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive. We combine 157 years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Side-by-side, we are building a stronger, sustainable future for agriculture. For more information, visit Cargill.com and our News Center.
About Feeding America
Feeding America® is the largest hunger-relief organization in the United States. Through a network of more than 200 food banks, 21 statewide food bank associations, and over 60,000 partner agencies, food pantries and meal programs, we helped provide 6.6 billion meals to tens of millions of people in need last year. Feeding America also supports programs that prevent food waste and improve food security among the people we serve; brings attention to the social and systemic barriers that contribute to food insecurity in our nation; and advocates for legislation that protects people from going hungry. Visit https://www.feedingamerica.org, find us on Facebook or follow us on Twitter.
About the Meat Institute
The North American Meat Institute is the leading voice for the meat and poultry industry. The Meat Institute's members process the vast majority of U.S. beef, pork, lamb, and poultry, as well as manufacture the equipment and ingredients needed to produce the safest and highest quality meat and poultry products. To learn more, visit www.meatinstitute.org
About the Protein PACT
The Protein PACT unites partners across animal protein in the first-ever joint effort to accelerate the entire animal protein sector's progress toward global sustainable development goals for healthy people, healthy animals, healthy communities, and a healthy environment. Protein PACT partners are establishing transparent baselines and benchmarks for our efforts, setting ambitious targets for continuous improvement, collecting data to verify and transparently report on progress, and launching comprehensive communications about animal protein's unique place in sustainable, healthy diets. To learn more, visit www.TheProteinPACT.org
1According to the USDA, 1.2 lbs. of food is equivalent to one meal
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SOURCE Cargill, Inc. | https://www.kxii.com/prnewswire/2022/08/01/cargill-announces-new-49-mm-donation-feeding-america-support-nationwide-hunger-relief-access-more-protein/ | 2022-08-01T17:31:06Z |
NANJING, China, Aug. 29, 2022 /PRNewswire/ -- A total of 145 major project deals with investment of 84.76 billion yuan (about 12.26 billion U.S. dollars) were inked at the first Zhangjiagang Development Summit held on Saturday in Zhangjiagang of east China's Jiangsu Province.
Divided into three parts, the summit, attracting hundreds of native Zhangjiagang people and other guests at home and abroad, went through the city's changes, past memories and future development through videos and speeches.
As a star city in China, a pioneer of reform and an important part of Suzhou, Zhangjiagang should attach great importance to the epidemic control, economic growth and safe development, said Cao Lubao, secretary of Suzhou Municipal Committee of the Communist Party of China (CPC).
Han Wei, secretary of Zhangjiagang Municipal Committee of the CPC, addressed the audience that the city could not make such achievements in the past six decades without the support of native Zhangjiagang people, while the city's future development featuring innovation, opening-up and civilization in the next six decades need further support from them.
Xue Yongqi, an academician of the Chinese Academy of Sciences and a Zhangjiagang native, pledged to contribute to the development of his hometown based on his own expertise.
The summit also saw an award ceremony of honorary titles, a book release and institution inaugurations.
After the summit, the 2022 Yangtze River Cultural Festival kicked off on Saturday evening in Zhangjiagang, showcasing folk songs of the Yangtze River culture. Started in 2004, the festival has been held consecutively for 19 years, with an aim to protect, inherit and develop the Yangtze River culture.
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SOURCE Xinhua Silk Road | https://www.kxii.com/prnewswire/2022/08/30/xinhua-silk-road-first-zhangjiagang-development-summit-witnesses-signing-145-major-deals-worth-rmb848bln/ | 2022-08-30T02:38:22Z |
Competitive digital solutions, new features are welcomed by customers and employees alike
MONETT, Mo., April 12, 2022 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced today that Lea County State Bank selected Jack Henry to upgrade its technology platform with open, flexible and user-centric digital solutions.
Hobbs, N.M.-based Lea County State Bank has deep roots in the region's oil and gas industry, having served the community since 1928. The $600-million asset bank selected Jack Henry as its technology provider of choice to compete with large banks and non-traditional financial institutions while maintaining its strong community culture. Lea County State Bank will gain open access to a broad ecosystem of Jack Henry solutions such as the Banno Digital Platform™, as well as to more than 850 third-party fintechs to shape custom offerings for both its business and retail customers.
Disa Walker, vice-president at Lea County State Bank, said, "Our bank has a proven history of doing what is best to meet the current and future needs of our community. Today, the best way to support our customers is to offer them modern digital solutions that are backed by the very best customer support; Jack Henry is helping us enable that balance. For example, both our business and retail customers will have the same digital experience, removing friction, improving satisfaction, and ultimately helping us grow. Jack Henry brings an understanding and collaboration to the table that we haven't experienced with other key technology partners."
Lea County State Bank will also benefit from an internal digital transformation: automating and streamlining processes to drive standardization and efficiency across the organization. Walker adds, "We always remember the key role that our employees play in driving our success, so we aim to provide them with modern technology tools that facilitate their jobs, allowing them to focus on building and nurturing relationships with our clients. Jack Henry helps us achieve that. For example, Branch Anywhere™ will be a game-changer for our bankers, allowing them to access key information about their accounts, hold face-to-face meetings with their customers, answer questions, and solve issues from anywhere outside the branch."
Stacey Zengel, senior vice president of Jack Henry & Associates and president of Jack Henry Banking, said, "Community banking has changed -- today, a bank like Lea County State Bank can be as efficient and convenient as non-traditional financial institutions. The bank is able to deeply penetrate its market with technology that brings it closer to customers and allows it to focus on building strong relationships. Lea County State Bank knows what it takes to support its community in good times and in times of need. We are proud that the bank has chosen our technology to continue its legacy through both personal service and digital transformation."
About Jack Henry & Associates, Inc.
Jack Henry (NASDAQ:JKHY) is a leading SaaS provider of technology solutions primarily for the financial services industry. We are an S&P 500 company that serves approximately 8,000 clients nationwide through three divisions: Jack Henry Banking® provides innovative solutions to community and regional banks; Symitar® provides industry-leading solutions to credit unions of all sizes; and ProfitStars® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, we are well-positioned as a driving market force in future-ready digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at www.jackhenry.com.
Statements made in this news release that are not historical facts are forward-looking information. Actual results may differ materially from those projected in any forward-looking information. Specifically, there are a number of important factors that could cause actual results to differ materially from those anticipated by any forward-looking information. Additional information on these and other factors, which could affect the Company's financial results, are included in its Securities and Exchange Commission (SEC) filings on Form 10-K, and potential investors should review these statements. Finally, there may be other factors not mentioned above or included in the Company's SEC filings that may cause actual results to differ materially from any forward-looking information.
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SOURCE Jack Henry & Associates, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/12/lea-county-state-bank-modernizes-technology-infrastructure-with-jack-henry/ | 2022-04-12T13:12:37Z |
Recently, The Albany Herald published a lengthy guest column from Albany-Dougherty Historic Preservation Commission member Hope Campbell that included numerous misleading and inaccurate statements about the Living and Learning Community project planned on Phoebe’s main campus at the site of a former public school.
It should be noted that Mrs. Campbell did not bring up any of her concerns or ask any questions during our presentation to the HPC before she voted against allowing the project to move forward. We do not want to exacerbate the unfortunate attempt by a few individuals to create a divisive debate by engaging in a point-by-point refutation of Mrs. Campbell’s allegations. It is, however, necessary to address a few of her most egregious accusations.
In my time at Phoebe — and, to my knowledge, at no time since Phoebe has owned the school property — has anyone approached Phoebe with a redevelopment plan for the property. Before the COVID-19 pandemic, we did reach out to a local developer and had preliminary discussions about potential redevelopment options on some Phoebe property, including the school site. That developer’s only interest was in providing housing for traveling contract nurses, and he requested Phoebe sign absolute net leases of 50 and 75 years with no limitations on who could live in such housing.
This was not a tenable option and was not pursued further as we continued to battle COVID throughout 2020 and 2021. As we began to investigate the possibility of pursuing a Living and Learning Community project to focus on training significantly more nursing students, this developer indicated that he was no longer interested in participating in the project and wished us good luck. The current project is the only viable plan proposed for the site in the 22 years since the school closed.
Contrary to Mrs. Campbell’s assertion, we did not conceal our plans from the HPC. In fact, in April of this year, I personally met with the chairman, Bryant Harden, and the vice chairman of the HPC to present our plans for both the Living and Learning Community and the new tower on Fourth Avenue that will include a new emergency and trauma center, NICU and ICU. Both HPC leaders told us they were impressed with the projects and expressed their general support.
We fully evaluated multiple location options for the Living and Learning Community and explored ways to preserve the existing structure. Construction experts told us there is simply no way the current building could be adapted to meet our needs. For instance, it would be impossible to add a third floor, which is a vital part of the plan.
That said, we recognize the historical importance of this building. Many of the original design elements of the structure were removed or changed decades ago, but in our redevelopment planning, we included ways to honor the legacy of education at the site, preserve iconic parts of the building, return the authentic look of the main entrance, which has been significantly altered, and include many original architectural elements. This is a repurposing of the historic property that moves the city and county forward for the benefit of all our community while respecting the contributions of past generations of students and educators.
In addition to continuing the legacy of learning, the school site makes the most sense as the location for this project for many other reasons. It will be connected to other education centers already in operation, including the Southwest Campus of the Medical College of Georgia and the UGA College of Pharmacy’s Southwest Georgia Clinical Campus. It will be directly across the street from our main hospital and the Phoebe Simulation & Innovation Center, where our next generation of nurses and health care professional students will complete clinical rotations and other training. It will allow for a “campus” atmosphere that will help attract students from throughout the region and will deliver a uniquely connective learning experience. It will provide a safe environment for the nursing students who choose to live in the on-site apartments while they complete their education. And it will add new life and a beautiful new development to the important and busy Jefferson Street corridor leading to downtown Albany.
The return on investment will be realized by the entire community through the education of hundreds of new nurses, the stabilization of nursing care in our region, the creation of hundreds of well-paying jobs for residents of Albany and the region, and cost savings from the reduction of contract labor that will permit Phoebe to maintain and improve health care for Albany and Dougherty County.
The Living and Learning Community is the largest redevelopment project proposed in the city of Albany in years. The plan has received broad support throughout the community, including unanimous approval by the Albany City Commission and dozens of former students of the school with whom we met to discuss the project. The Albany Area Chamber of Commerce and many community leaders have spoken out forcefully in favor of the project.
While we respect the court process that is currently playing out, we hope a small handful of opponents will not succeed in their efforts to stand in the way of a project that will dramatically increase the number of new nurse graduates in our region, ensure continued access to quality and comprehensive health care services, and benefit our community in myriad ways for decades to come.
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Scott Steiner is president and CEO of Phoebe Putney Health Systems.
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The accomplishment underscores Tinuiti's expertise and legacy with Amazon Ads
NEW YORK, Aug. 24, 2022 /PRNewswire/ -- Tinuiti, one of the largest independent performance marketing firms across Streaming TV and digital advertising, today announced it has achieved Amazon Ads advanced partner status— another hallmark of the longstanding and beneficial relationship between Tinuiti and Amazon Ads.
The newly launched global recognition program recognizes partners based on the growth they deliver for their advertising clients and their level of engagement and expertise with Amazon Ads products like Amazon DSP and sponsored ads. Specifically, Tinuiti has earned the advanced partner status by demonstrating expertise in both brand building and customer engagement on Amazon.
Obele Brown-West, Chief Solution Officer at Tinuiti, said: "From becoming an initial member of Amazon Ads original partner directory in 2018, to beta testing the newest iteration of the Partner Network, Tinuiti has been a long-term and active participant in the thoughtful and collaborative process behind the program's development. We're incredibly thankful for our ongoing relationship with Amazon Ads and for the opportunity to leverage cutting-edge innovation and the type of forward-thinking that truly affects change and moves the needle for our client brands."
With a leadership team made up of former Amazonians with deep-rooted experience, Tinuiti provides the end-to-end Amazon strategy capabilities designed to meet all of a brand's needs on Amazon. Specialized in both solving day-to-day problems, steering long-term strategy, Tinuiti strives to achieve the most out of the relationship for its client partners.
Tinuiti is one of the first agencies to utilize proprietary advertising tech around Amazon Ads infrastructure– leveraging MobiusX, the firm's proprietary technology. Designed to help drive online retail sales, MobiusX is one of the longest-standing and most sophisticated AI-powered AdTech developed for the Amazon seller and vendor Uis and ads consoles on the market today. Built in 2014, Tinuiti has continually grown and evolved this custom dashboard to help sell more product, sell it faster, and across all the retail industry's top networks. In 2021, Tinuiti further enhanced its Amazon capabilities and acquired an agency specialized in Amazon, Ortega Group, to create one of the industry's most robust full-service programs for Amazon and marketplaces.
Today's Amazon Ads advanced partner status follows a momentous Q1 and Q2 for Tinuiti, including a series of strategic partnership deals that includes being named Microsoft's Global Agency of the Year and Partner of the Year— a first for any independent agency. In April, Tinuiti announced an agreement with Snap Inc. and in February announced a partnership agreement with Reddit to become the platform's first independent agency partner. Tinuiti's growing roster of partnerships includes the Amazon Ads Partner Network, as well as Google Premier Partner (top 3% of all agencies) and International Growth Partner; Meta Premium Marketing Partner, Kochava Authorized Agency Partner. Tinuiti is also the first independent agency in the US to receive official TikTok Marketing accreditation.
Since 2017 Tinuiti has experienced rapid expansion, grown seven-fold, and welcomed nearly 700 new employees in the last 12 months alone. With an employee headcount now surpassing 1,100, the agency has experienced an unprecedented 59% year-over-year increase and climbing, with an additional 10.2% in 2022. Tinuiti is continuing to hire for multiple roles across divisions to keep pace with growth. For a closer look at Tinuiti's culture, please visit https://tinuiti.com/culture/.
Tinuiti is the largest independent performance marketing firm across Streaming TV and the Triopoly of Google, Meta, Amazon, with more than $3 billion in digital media under management and over 1,200 employees. With industry-leading expertise in search, social, Amazon and marketplaces, addressable TV and mobile apps, CRM and email marketing, and more, Tinuiti understands that success requires both strategy and channel expertise. Each solution is delivered through Tinuiti's performance planning framework, GAMMA, and is enabled by a proprietary suite of marketing intelligence and media activation technology – Mobius. For more information visit http://www.tinuiti.com.
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SOURCE Tinuiti | https://www.wibw.com/prnewswire/2022/08/24/tinuiti-achieves-newly-created-amazon-ads-advanced-partner-status/ | 2022-08-24T15:49:14Z |
Five to Flow is a global consulting collective that builds integrative organizational wellness solutions designed to achieve and sustain peak business performance.
SAN FRANCISCO, July 20, 2022 /PRNewswire/ -- Five to Flow™ today announces a strategic partnership with ThirdEye Consulting to build holistic organizational change programs by using the five core elements of organizational wellness and The Wellness Wave™ diagnostic. ThirdEye Consulting is a boutique consulting agency with the highest level of technical resources and expertise across Salesforce products and MuleSoft's Anypoint platform.
Five to Flow and ThirdEye share a strong commitment to helping business professionals improve employee engagement, customer experience, and revenue growth. ThirdEye has recognized the need for its customers to connect the disconnected core elements of their digital transformations and improve technology adoption using a people-first approach. Five to Flow is uniquely positioned to be an agent of change on ThirdEye's transformational projects that require people, culture, process, and analytics solutions to achieve and sustain peak business performance.
"Our customers will benefit from Five to Flow's integrative approach that is fueled by the Wellness Wave™ diagnostic", said Kelley Walton, Co-Founder at ThirdEye Consulting. "By joining forces with Five to Flow, we are reinforcing our commitment to adapting quickly to meet the ever-changing needs of our customers in EMEA."
ThirdEye and Five to Flow's alliance is timely given the rapid state of change businesses are experiencing across the globe. According to Gartner's Organizational Change Management report, on average, organizations today have gone through five major firmwide changes in the past three years—and nearly 75% expect to increase the types of major change initiatives they will undertake in the next three years. Additionally, cultural inertia causes most of the failures for change initiatives. According to the 2018 Gartner CEO and Business Executive Survey, 46% of CIOs report culture is the biggest barrier to success, while 42% of CEOs at companies undergoing digital transformations expect their firms to undergo deep culture changes.
"Our alliance with ThirdEye Consulting will pave the way for our expansion in Europe", said Kate Visconti, Founder & CEO of Five to Flow. "We are excited to pursue our shared mission to deliver holistic solutions with ThirdEye's experienced team that help organizations achieve and sustain peak business performance across the five core elements."
Five to Flow is a global consulting collective that builds integrative organizational wellness solutions designed to achieve and sustain peak performance. Our proprietary methodology is driven by five core elements of organizational wellness. We are the bridge between who an organization thinks they are, who they actually are, and who they aspire to be.
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SOURCE Five to Flow | https://www.wibw.com/prnewswire/2022/07/20/five-flow-thirdeye-consulting-form-strategic-alliance-build-holistic-organizational-change-programs/ | 2022-07-20T12:32:34Z |
SAN FRANCISCO, Aug. 2, 2022 /PRNewswire/ - mCloud Technologies Corp. (Nasdaq: MCLD) (TSXV: MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions today announced that it has entered into a technology continuation agreement with Agnity Global Inc. (the "Technology Continuation Agreement" and "Agnity" respectively), enabling mCloud to build on the success of its existing relationship with Agnity.
The Technology Continuation Agreement will replace the royalty agreement between mCloud and Agnity originally announced on June 21, 2018. Under the terms of the Technology Continuation Agreement, Agnity will pay mCloud a one-time payment of approximately US$6.0 million. The new structure allows the parties to continue delivering and supporting Agnity's technology and builds on mCloud's existing license and continued use of Agnity technology across all of the Company's AssetCare™ offerings going forward.
Agnity provides mCloud with access to secure, HIPAA-compliant communications technology used in the Company's AssetCare Mobile solution for remote collaboration with workers in the field. Agnity's technology is used by major telecommunication providers and enables mCloud's native compatibility with these providers to reach connected workers across numerous industries around the world.
"This new Technology Continuation Agreement and licensing arrangement with Agnity is perfectly timed with our recent launch of AssetCare Mobile for digital oilfield sites globally, securing mCloud's ability to sustain and evolve a serious competitive advantage as we take our connected worker offerings to oilwells and remote locations requiring secure connectivity between the front-line and the backoffice," said Russ McMeekin, mCloud President and CEO. "We look forward to leveraging Agnity's capabilities even further as we continue at pace to connect assets and workers globally."
mCloud is unlocking the untapped potential of energy intensive assets with AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare™ platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.
With a worldwide presence and offices in San Francisco, Houston, Vancouver, Calgary, London, Perth, Singapore, and Beijing, the mCloud family includes an ecosystem of operating subsidiaries that deliver high-performance IoT, AI, 3D, and mobile capabilities to customers, all integrated into AssetCare. With over 100 blue-chip customers and more than 64,000 assets connected in thousands of locations worldwide, mCloud is changing the way energy assets are managed.
mCloud's common shares trade in the United States on the Nasdaq and in Canada on the TSX Venture Exchange under the symbol MCLD. For more information, visit www.mcloudcorp.com.
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information contained herein may include information related to the potential benefits that may accrue to mCloud under the Technology Continuation Agreement and any resulting impact on mCloud's business and operations.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.
A more complete discussion of the risks and uncertainties facing the Company appears in the prospectus supplement, the base shelf prospectus and the registration statement and in the Company's Annual Information Form and other continuous disclosure filings, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE mCloud Technologies Corp. | https://www.wibw.com/prnewswire/2022/08/02/mcloud-enters-into-technology-continuation-agreement-with-agnity-global-inc/ | 2022-08-02T12:25:27Z |
On Thursday, the president of the University of Virginia, Jim Ryan, said in a letter to the university community that it would hold a moment of silence at the university chapel, after which the chapel's bells will ring "in remembrance of this solemn anniversary."
The university is also hosting an online panel discussion titled "The Legacies of Charlottesville: A Fifth-Anniversary Conversation About Law and Democracy in America."
Ézé Amos, a Charlottesville photojournalist and University of Virginia employee, documented the rally through photography. Amos is sharing the photographs in a public installation in the city's downtown "that he hopes will focus attention on the community's resilience, rather than the hate that was on display," the university said in a news release.
The installation, which comprises 36 large photographs in the trees on the Downtown Mall, is titled, "The Story of Us: Reclaiming the Narrative of #Charlottesville Through Portraits of Community Resilience."
"We cannot, and should not, forget those dark days five years ago," Ryan said. "My hope is that the memory of those events, including the heroic and compassionate responses of community members, continues to inspire us to work to make the world a better and more welcoming place."
Events remember rally's violent legacy
The 2017 rally saw White nationalists marching through Charlottesville and the University of Virginia campus chanting, "Jews will not replace us," "You will not replace us" and "Blood and soil," a phrase evoking Nazi philosophy on ethnic identity.
The violence in the Virginia city also empowered White supremacists and nationalists to demonstrate their beliefs in public rather than just online, CNN previously reported.
"I know that, for many, the five-year marker of the so-called "Unite the Right" rally brings difficult memories and a sobering reminder that our country is not yet free from bigotry, racism, and intolerance," Ryan said in his letter. "But I hope that we can also recall the strength, compassion, and resilience of our community and our Charlottesville neighbors."
In November 2021, a Charlottesville jury found that White nationalists who organized and participated in the rally were liable on a state conspiracy claim and other claims. The jury awarded more than $26 million in punitive damages to the plaintiffs, including town residents and counterprotesters injured in the rally.
The city of Charlottesville is "maintaining a status of heightened situational awareness" around a Friday evening concert the city is holding in downtown. However, the city stresses that there have been no specific credible threats identified and that the Charlottesville Police Department is constantly monitoring.
Charlottesville Mayor Lloyd Snook shared his remembrance of the day, which he said "felt like the day before a hurricane was expected to hit." He posted his remembrance of the day on Facebook on Thursday afternoon.
The Anti-Defamation League, an international Jewish NGO, released a statement on Thursday saying that the event "stunned the nation and brought the profound threat of domestic extremism into sharp focus."
"Today, white supremacists have reimagined their messaging and tactics, but remain a critical threat, as clearly evidenced by attacks in Pittsburgh, El Paso, Poway and Buffalo, and by their participation in attempts to intimidate vulnerable communities and subvert our democracy," the ADL said.
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The New Brand Identity Includes a Commitment to Sustainability and a Long-Term Partnership with the Surfrider Foundation
NEW YORK, April 4, 2022 /PRNewswire/ -- Today, Château d'Esclans introduces The Beach by Whispering Angel, a rosé from the Provence region with a forward-thinking approach toward environmental responsibility, including lighter glass bottles, ocean-friendly promotional materials, and a partnership with the Surfrider Foundation. Made from a blend of Grenache, Cinsault, and Syrah, The Beach by Whispering Angel will take the lead in the evolution of the category, now with a broader ethos but the same quality rosé as customers have come to expect from the wine's previous moniker.
The Beach's lighter glass bottle, which will feature a new playful and sophisticated crest, takes less energy to produce and helps to decrease the carbon footprint of heavy shipping loads. Beyond the bottle, all branded The Beach marketing materials will be made from 100% recycled materials, including The Beach towels and umbrellas made from repurposed water bottles and in-store displays constructed from FSC certified cardboard. The Beach's commitment to environmental responsibility will also be demonstrated through its partnership with the Surfrider Foundation, which includes a donation to support Surfrider's mission, coast-to-coast co-hosted beach cleanups throughout the summer and a dinner series hosted at Surfrider's Ocean Friendly Restaurants. The collaborative series of events will kick off on Wednesday, April 13th in Santa Monica, CA, and continue throughout the coming summer.
The Beach by Whispering Angel will build off the popularity of The Palm by Whispering Angel, the third best-selling Provence rosé in the U.S., offering the same approachable introduction to Château d'Esclans' award-winning portfolio, but with a forward-thinking approach that speaks to the current state of the environment and the interests of consumers.
"The creation of The Beach is rooted in our desire and our necessity to protect the world we live in, while still preserving our authentic Coteaux d'aix-en-Provence wine," says Sacha Lichine, President of Château d'Esclans and creator of Whispering Angel. He adds, "We are excited to explore different avenues through our sustainability commitments and to pave the way for rosés in this space."
In pursuit of creating the world's greatest rosés, Lichine is credited with igniting the "Rosé Renaissance," and continuously pushing the boundaries of the category. In this next chapter, The Beach by Whispering Angel will inspire its dedicated community of enthusiasts to protect what they love through individual actions, such as volunteering at beach clean
ups and choosing to patronize restaurants who prioritize sustainability. With more than 190 local chapters and student clubs, in addition to over 750 Ocean Friendly Restaurants, Surfrider's grassroots initiatives and passion for ocean and coastal protection make them a natural long-term partner for The Beach.
"We are honored to launch this partnership and cleanup initiative with The Beach to engage volunteers across the country to care for the public spaces we all love. As a brand with values so closely tied to the Surfrider's work, we are excited to have The Beach join our efforts to reduce trash and plastic in our ocean and waterways through a series of co-hosted beach cleanups, which ultimately supports Surfrider's advocacy efforts to reduce pollution at the source," said the Surfrider Foundation's CEO, Dr. Chad Nelsen.
Consumers are encouraged to follow @DrinkTheBeach and @Surfrider for more information on how to participate in the inaugural beach clean-up on April 13 at 10AM hosted at Tower 27 in Santa Monica. Future cleanups will be hosted from Portland to Palm Beach, Malibu to Montauk, and coastlines in-between, follow along via social to stay up to date on how you can get involved locally.
The Beach by Whispering Angel will be available for purchase starting on May 1 in all outlets nationwide where you can find Château d'Esclans brands.
About Château d'Esclans
Château d'Esclans, a magical property, is situated in the heart of Provence, northeast of St. Tropez overlooking La Vallée d'Esclans (the Esclans Valley) with the Mediterranean coast in the faint distance. The vision of Sacha Lichine (Founder) with his acquisition of the Château in 2006 was to create the greatest rosés in the world igniting the "Rosé Renaissance." This journey led to the creation of a world class rosé portfolio including Whispering Angel, Rock Angel, Château d'Esclans, Les Clans, and Garrus: a new generation of rosés characterized by elegance, depth, richness and complexity. Sold in over 110 countries, the rosés are enjoyed globally from London to the Hamptons, and from St. Barth's to the Swiss Alps. Whether you are relaxing by the beach, on a yacht, or in the mountains during "après ski," Château d'Esclans rosés are a light and refreshing accompaniment to any destination. Whispering Angel is today's worldwidThe e reference for Provence rosé.
ABOUT THE SURFRIDER FOUNDATION:
The Surfrider Foundation is a nonprofit grassroots organization dedicated to the protection and enjoyment of our world's ocean, waves, and beaches, for all people, through a powerful network. Founded in 1984 by a handful of visionary surfers in Malibu, California, the Surfrider Foundation now maintains over one million supporters, activists, and members, with more than 190 volunteer-led chapters and student clubs in the U.S., and more than 700 victories protecting our coasts. Learn more at surfrider.org.
PLEASE DRINK RESPONSIBLY
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SOURCE Château d’Esclans | https://www.wibw.com/prnewswire/2022/04/04/making-waves-our-ocean-coasts-announcing-beach-by-whispering-angel-new-ros-evolved-palm-by-whispering-angel/ | 2022-04-04T15:33:19Z |
Companies want remote employees to return to the office
(CNN) – Surveys show most employees prefer to work from home.
Since reopening their offices, many companies have offered a flexible, hybrid schedule to retain and attract talent.
But with the current economic climate and increasing inflation, businesses have more leverage to implement in-person work again.
As Shannon Archuleta hunts for a new tech job, deserting her home office and spending less time with her father has become a deal breaker.
“I will only work remote,” she said. “I, you know, have the flexibility to be able to take care of the things and responsibilities that I need to while being productive for the workforce.”
It’s a growing source of tension between employees and management.
Surveys show millions of workers want to stay home and would likely quit their job rather than go back to a daily commute.
Now, more executives may test that.
Elon Musk is the latest, demanding Tesla workers return to the office full-time or quit.
Goldman Sachs is already back full-time, and 90% of JP Morgan’s staff is there at least three days a week.
Their CEO Jamie Dimon said work from home “doesn’t work for those who want to hustle,” according to Reuters.
In New York, Mayor Eric Adams sent a memo telling city workers to get back to the office to re-energize the city’s economy.
“I’m trying to fill up office buildings,” he said.
A May survey found 76% of high up executives say in-person work is critical.
Overall, as of this week, employee office visits are barely over 40% of pre-pandemic levels, largely because in this hot jobs market, with 11 million openings, workers have leverage.
“If the employers put a firm stake in the ground, and say, you must come back, there’s that risk that people are going to move to a new job,” said Paul McDonald, executive director at Robert Half.
Apple delayed their return-to-office plans after backlash from employees. So did Cognizant, which helps operate Google Maps, after more than 100 workers signed a petition, with some threatening to strike if forced to return.
“We have been extremely productive and successful in these last two years, so it’s a huge win for us,” Cognizant employee Quinn Oksoktaruk said.
A survey tracking remote work since the early pandemic shows more companies are coming around on a post-pandemic hybrid work schedule, with on-average 30% of workdays done from home compared to 5% pre-pandemic.
Projections of a market cooldown and possible recession in the months ahead could tilt the tables and give employers more leverage.
The CEO of Society for Human Resource Management, Johnny Taylor Jr., said there will soon be more CEOs than just Musk demanding employees come back to work in the office.
People haven’t just changed the way they worked during the pandemic. Research shows millions of people bought homes farther away from their offices because they were working remotely.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/09/companies-want-remote-employees-return-office/ | 2022-06-09T18:11:27Z |
100% of Employees Praise Executive Leadership for Approachability, Embodying Best Characteristics of the Company
NEW YORK, Sept. 15, 2022 /PRNewswire/ -- DataDome, a leading provider of AI-powered online fraud and bot management is proud to be Certified™ by Great Place to Work®. The prestigious award is based entirely on what current employees say about their experience working at DataDome. This year, 96% of employees said it's a great place to work – 39 points higher than the average U.S. company.
Great Place to Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
"Great Place to Work Certification™ isn't something that comes easily – it takes ongoing dedication to the employee experience," said Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work. "It's the only official recognition determined by employees' real-time reports of their company culture. Earning this designation means that DataDome is one of the best companies to work for in the country."
"We are so honored to earn this certification, as it is a reflection of our employees' experience," said Benjamin Fabre, co-founder and CEO at DataDome. "We owe our continued success to our team of passionate, dedicated employees who play a critical role in keeping our customers safe from online threats every single day. We celebrate and thank them for all they do to earn this incredible recognition."
Most notably, 100% of DataDome employees report that management is approachable, that executives fully embody the best characteristics of the company, and that employees are given a lot of autonomy. Employees also expressed appreciation for DataDome's welcoming, friendly environment.
Today's announcement comes on the heels of DataDome ranking 21st in cybersecurity—and number 1,050 overall—on the Inc. 5000, the most prestigious ranking of the fastest-growing private companies in America. The company was also recently named a "Strong Performer" in bot management in The Forrester Wave™: Bot Management, Q2 2022 report, and has won several industry awards, including the CNP Customer's Choice Award for Best Anti-Fraud Solution, Global Business Technology Award for Best Application of Tech – Security, and the Cybersecurity Excellence Award for Bot Defense.
Follow DataDome on Twitter and LinkedIn for regular updates on threat research, customer case studies, the team, and to ensure your bot protection is easy on humans but hard on bots.
DataDome is a global provider of state-of-the-art bot protection for mobile apps, websites, and APIs, against online fraud. DataDome's mission is to free the web from fraudulent traffic, so sensitive data remains safe without compromising user privacy or the user experience. DataDome leverages AI and machine learning to analyze 1 trillion signals each day and beat sophisticated attacks in real time. DataDome protects leading digital commerce businesses, including Axel Springer, AngelList Talent, Australia Post, Patreon, carsales.com Limited, and Foot Locker.
Great Place to Work® Certification™ is the most definitive "employer-of-choice" recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place to Work-Certified.
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
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SOURCE DataDome | https://www.wibw.com/prnewswire/2022/09/15/datadome-is-certified-great-place-work-ranks-among-top-3-companies/ | 2022-09-15T13:49:25Z |
DETROIT, Aug. 10, 2022 /PRNewswire/ -- TriTech Titanium Parts was launched on April 5, 2022. According to its President, Bob Swenson, TriTech is a spin-off of his former company, AmeriTi Manufacturing, which was sold to Kymera International also on April 5, 2022. AmeriTi is a successful business that has operated since 1984, focusing on titanium products from recycled material.
Organized in response to market needs, TriTech produces net shape titanium parts using the most appropriate technology for the part and the customer. TriTech's unique array of three production technologies includes 3D binder jet printing, metal injection molding and investment casting. The 3D printing is the latest addition, and the binder jet process is a unique cutting-edge manufacturing process for producing complex titanium parts.
"There is no one-technology-fits-all when manufacturing titanium precision parts to produce the best performance characteristics," said Swenson. "We've proven that different technologies provide different results and therefore we have assembled a one-stop production resource offering the best option to many industries from automotive and industrial to medical and aerospace. We match the design to the best manufacturing process to make a superior part."
TriTech's broad manufacturing solutions can be used for both small batch and large volume requirements for titanium parts production, as well as rapid prototyping, to expedite product development and component testing as well as design and production decisions. "We can go quickly from prototype to production to meet tight launch schedules and first-to-market product requirements," said Swenson.
With a fully domestic supply chain, TriTech is a single-sourced manufacturing solution under one roof with its engineering and production facility located in Detroit, Michigan.
TriTech's processes for producing titanium parts are highly specialized and have been developed internally to consistently achieve best practices for quality, performance and delivery.
"At TriTech, we collaborate directly with the customer, preferably starting with the design phase, so we can help our customers design a part for manufacturability that also fits their requirements," said Swenson. "Every part we make is custom-made."
About TriTech Titanium Parts
Detroit-based TriTech Titanium Parts specializes in manufacturing precision net shape titanium parts for prototypes, as well as small-batch and large-volume production orders for industrial, aerospace, automotive, medical and other markets. It offers three unique manufacturing processes under one roof – 3D binder jet printing, metal injection molding and investment casting. TriTech collaborates with customers to match the best manufacturing process to their specific part. With a fully domestic supply chain, TriTech delivers custom-made net shape titanium parts on-time and on-budget. For more information, visit tritechtitanium.com.
Contact:
Patricia Radice
The Quell Group
248-321-4651
pradice@quell.com
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SOURCE TriTech Titanium Parts | https://www.mysuncoast.com/prnewswire/2022/08/10/tritech-titanium-parts-matches-production-technology-part/ | 2022-08-10T18:33:42Z |
SOUTHFIELD, Mich., Sept. 8, 2022 /PRNewswire/ -- SMW Manufacturing was featured in the August 2022 issue of BOSS Magazine as part of an editorial section on JENNMAR. Part of Amsted Automotive, SMW is an engineering and manufacturing division focusing on cold-formed and precision-machined components for the heavy truck, automotive, mining, construction, infrastructure, and industrial markets.
JENNMAR was founded in 1922 to support mining companies. Today the company has expanded into chemical manufacturing, metal cutting, industrial fabrication, machining, labor services and more. JENNMAR relies on SMW for precise cold-forming and net-shaping technologies, and SMW's ability to provide high-quality components at the required volume.
One of SMW's core technologies is cold-forming steel. Cold-forming is an alternative to traditional bar stock. The process creates uninterrupted grain flow, which results in stronger components and significant material savings. In fact, it uses just one third of the steel that traditional bar stock machining requires in most applications. Some of the products that SMW engineers and manufactures using net-shaped cold-formed technologies are hydraulic stems, ferrules, and longwall mining tools.
In addition to leading technologies in cold forming and net shaping, SMW has the capability to produce components on a large scale while maintaining precision and quality across the production run. This is critical to large companies such as JENNMAR that require significant scale.
For more than 25 years, BOSS Magazine has featured leaders and innovators, and providing a forum for these bosses to share their thought leadership. From small firms to some of the largest in the world, leaders are able to discuss the lessons learned from both successes and failures to help other leaders.
In 2021, Amsted Automotive Group brought together Means Industries Inc., SMW Manufacturing, and Burgess-Norton Mfg. Co., Inc. to form a new and innovative technology team. The integration provides an expanded global presence with 21 facilities in North America, Europe, and Asia to serve the global automotive customer base with a robust manufacturing footprint, producing over 100 million components and assemblies annually. The group combines design and engineering expertise, strategically aligned to be a nimble leader in advanced metal-forming, powder metal manufacturing, and electro-mechanical clutches for electrified propulsion solutions. Amsted Automotive plays an integral role in the global automotive market, both ICE and EV, in North America, Europe, and Asia.
Contact:
Cole Quinnell
248-877-0590
cole@cqmarketing.com
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SOURCE Amsted Automotive | https://www.wibw.com/prnewswire/2022/09/08/amsted-automotives-smw-manufacturing-featured-with-jennmar-boss-magazine-its-cold-forming-metal-expertise-capability/ | 2022-09-08T12:33:00Z |
Ford plans to add 6,200 jobs in Ohio, Michigan and Missouri
DETROIT (AP) — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models.
The company says it will invest $3.7 billion in the three states between now and 2026. It also will convert about 3,000 temporary workers to full-time status with pay raises and benefits.
A factory in Avon Lake, Ohio, near Cleveland, will be expanded so it can build an unidentified new electric commercial vehicle, with 1,800 new jobs. Ninety more jobs will be added in Lima and Sharonville, Ohio.
A plant in Claycomo, Missouri, near Kansas City, that makes big electric and combustion-engine Transit vans will get a third shift of 1,100 workers to handle increased demand.
In Michigan, Ford Motor Co. plans to add 2,000 jobs at three assembly plants, and another 1,200 at other facilities.
A factory in the Detroit suburb of Wayne that now builds the Ranger small pickup will see investment and jobs to make a new Ranger. A plant in Flat Rock south of Detroit will build a new version of the Mustang muscle car that it now builds. And Ford’s Rouge Electric Vehicle Center in Dearborn also will see investment and jobs so it can build more F-150 Lightning electric pickups to meet unexpectedly high demand. The company also will add 600 jobs at a new parts packaging facility to be built in Monroe, Michigan, and another 600 at several component plants in the state.
It’s part of Ford’s plan to be able to make 2 million electric vehicles per year globally by 2026.
Kumar Galhotra, president of Ford Blue, the company’s division that makes internal combustion vehicles, said the EV investments are needed in part because Ford underestimated demand for EVs.
As soon as Ford opened reservations for the electric F-150, it began planning to expand the Dearborn plant that makes them, he said. “The reservations were so much higher than the (production) capacity that we had put in,” Galhotra said. “This is the first time in my career that we were expanding the plant before the plant was built.”
Ford stopped taking reservations for the F-150 Lightning at 200,000, and it’s now converting reservations to orders. About two-thirds of those contacted so far are converting, but the company said it didn’t have an exact number. In addition, the Mach-E and E-Transit vans are sold out for the year, Galhotra said.
Ford wouldn’t give details of the commercial EV to be built at the Ohio Assembly Plant by mid-decade. The factory has been on the edge of closure for much of its life but has managed to survive even when building older vehicles.
“I think this tremendous investment, both in dollar terms and jobs, and the type of product we’re putting there, shows that the Ohio Assembly plant and that community have a very bright future,” Galhotra said.
Ohio is offering about $200 million in incentives for the Ford investment, while Michigan is contributing about $150 million. Although there will be a small capital investment to add the third shift in Missouri, there are no incentives for this project.
Ford said it already has begun switching the temporary workers to full-time, and it’s starting to hire the new workers for the plants.
The announcement came a year ahead of when contract talks start with the United Auto Workers union. New product and job announcements normally are part of the negotiations.
Ford also pledged to spend $1 billion over the next five years to improve the work experience at its factories. The company is working with the UAW to determine the needs, which could include better lighting in parking lots for safety and healthier foods in the factories.
Ford’s decision to build three battery plants and one new assembly plant in Kentucky and Tennessee last year raised questions about the company’s manufacturing commitment to its home state and region.
Michigan politicians worked hard to lure General Motors EV assembly and battery plants in January after losing the Ford plants to the southern states.
UAW officials praised Thursday’s Ford announcements in a company statement. “Ford stepped up to the plate by adding these jobs,” President Ray Curry said.
It’s likely that Ford will build a fourth North American battery factory in the Great Lakes region in a joint venture with SK Innovation of Korea, but Galhotra said he’s not ready to make an announcement yet.
At the pace Ford is moving with EV production, more production will be needed, Galhotra said, pointing to the Michigan site where the electric F-150 is being built and the commercial EV to be built in Ohio. “We’ll have more announcements to come,” he said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/02/ford-plans-add-6200-jobs-ohio-michigan-missouri/ | 2022-06-02T14:24:34Z |
Study: Gun violence surged in pandemic’s first year
Published: Apr. 28, 2022 at 12:50 PM CDT
(CNN) - Gun violence in the U.S. rose during the first year of the COVID-19 pandemic.
According to a study published Thursday in JAMA Network Open, there were roughly 4,400 excess deaths linked to firearms between March 2020 and the following February.
There were also more than 10,000 excess nonfatal injuries.
The findings came from data collected by the nonprofit Gun Violence Archive.
Four states - New York, Illinois, Michigan, and Texas - accounted for most of the shootings.
Researchers can’t say if COVID-19 itself factored into the increase of gun incidents compared to other issues, including civic unrest.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/04/28/study-gun-violence-surged-pandemics-first-year/ | 2022-04-30T03:22:35Z |
NEW YORK, July 13, 2022 /PRNewswire/ -- Northwind Group, a Manhattan based real estate private equity firm that invests primarily in debt instruments through its discretionary closed-ended debt funds, today announces the closing of a $45 million condo inventory loan for a 120-unit condominium building located in the Upper West Side of Manhattan at 175 West 95th Street. The Borrower is a joint venture between Meadow Partners, a vertically integrated private real estate investment firm based in New York and London, and Glacier Equities, a vertically integrated investment platform focused on acquiring residential assets across the five boroughs of New York City (NYC).
Northwind closed on the loan quickly and efficiently, providing flexible terms, which enabled the time and resilience needed to execute their business plan. Despite a volatile capital markets environment, Northwind remains committed to lending in NYC and is a long-term believer in the city, actively looking to lend to quality borrowers in strong residential markets. Northwind is equipped to provide flexible financing solutions from its three discretionary debt funds under management. Northwind's debt funds have originated 35 loans totaling over $1 billion in NYC over the past 18 months.
"We are thrilled to be able to provide this loan to high-quality sponsors such as Meadow Partners and Glacier Equities in this off-market transaction sourced in great collaboration by our team. We believe in the long-term success and resiliency of the NYC residential market and continue to deploy capital to properties and borrowers that meet our underwriting criteria," says Ran Eliasaf, Founder and Managing Partner of Northwind Group.
"Northwind was able to structure a flexible loan at an attractive basis with additional future funding of project costs. We look forward to continuing to unlock the value of this asset and to a successful execution of the business plan," says Myles Horn, Managing Partner of Glacier Equities.
About Northwind Group
Northwind Group is a Manhattan real estate private equity firm that invests primarily in debt instruments through its discretionary closed-ended debt funds. For further information, go to www.northwind-group.com.
Glacier Equities
Glacier Equities is a vertically integrated investment platform focused on acquiring residential assets across the five boroughs of New York City. The principals of Glacier have been active in the residential market for decades with an extensive track record and proven execution ability. Glacier Equities' deep understanding of the New York City market and targeted investment approach have enabled its principals to produce historically outsized investment returns across multiple economic cycles.
Meadow Partners
Meadow Partners is a vertically integrated private real estate investment firm based in New York and London. Meadow manages a series of closed-end real estate investment funds and separate accounts on behalf of institutional clients. Since inception, Meadow Partners has invested over $1.9B of equity for its investment strategies and has acquired more than $6.8B of real estate assets in its target markets of New York City, London, Washington, D.C., and Paris. The partners of Meadow have been responsible for the acquisition and ongoing asset management of over $29B of real estate assets located in the U.S., Europe and Asia through over 285 separate transactions.
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SOURCE Northwind Group | https://www.wibw.com/prnewswire/2022/07/13/northwind-group-closes-45-million-condo-inventory-loan-120-unit-condominium-building-upper-west-side-manhattan-175-west-95th-street/ | 2022-07-13T15:38:50Z |
LINCOLN, Neb., Aug. 31, 2022 /PRNewswire/ -- Utilizing their conversation level framework, Humanize IT, formerly Managed Services Platform, makes it possible for every account manager to bring vCIO value to their clientele.
In 2013, Managed Services Platform went on a mission to deliver client success by creating a platform to make genuine human connections and empower operations. Four years later, Managed Services Platform partnered with Virtual C to further their clients' success by focusing on building business relationships through coaching and a top-down approach to better client communications. Managed Services Platform is now taking the next step, evolving to become Humanize IT. Humanize IT is the final phase in this metamorphosis, growing from Managed Services Platform and emerging anew.
Humanize IT brings the customer back into focus and increases revenue for MSPs through conversations, not presentations. Participating with Humanize IT coaches and community allows members to become more than vendors to their clients. They become business partners. Within weeks, members can take client engagement to the next level, create business-driven projects, increase customer buy-in, connect with C-suite and elevate their MSPs.
With an emphasis on cultivating personal connections with clients, MSPs are growing by utilizing the tools and resources of Humanize IT.
"We use the Needs Assessment questionnaires and report to differentiate ourselves through the sales process. We have been growing our MSP 20% year to year."
Eric Baryol
CEO - Leverage IT
To provide real support from real people and grow MSPs with a winning framework, Humanize IT offers both monthly and annual multi-tiered plans. Everything from report templates to client engagement strategy is provided with personal 1:1s, regular updates and guided courses. Humanize IT is focused on changing the face of the IT world by bringing MSPs and their clients together.
For more information, visit humanizeit.biz
Contact: info@humanizeit.biz
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SOURCE Humanize IT | https://www.kxii.com/prnewswire/2022/08/31/humanize-it-new-managed-services-platform/ | 2022-08-31T19:48:37Z |
TORONTO, May 11, 2022 /PRNewswire/ - EQ Bank, powered by Equitable Bank, Canada's Challenger Bank™, announced it has increased its USD account interest rate by 25bps to 1.25%1. The new rate is now in effect.
Increasing the rate on US dollar accounts is just another way of providing more value to Canadians. By reimagining what a US account can be, EQ Bank's US Dollar Account takes leading interest rates and combines it with one of the lowest exchange rates in the Canadian market2. Add to that no monthly fees and no minimum balances and you have the best place to manage your US dollars. Through its integration with Wise, EQ Bank has also made it simple to send those US dollars internationally, at a fraction of the cost of other banks, and without having to convert your funds to CAD first.
Faced with dismally low interest rates in the broader market, today's rate increase brings an instant boost to Canadians' pockets.
"When we launched US dollar accounts, we wanted to give our customers a far better alternative to what was available in the market," says Mahima Poddar, SVP and Group Head of Personal Banking for EQ Bank. "It's not just about a great rate, but it's truly the best account for people who want to grow and send US dollars."
EQ Bank customers can open a US Dollar Account in just a few clicks, and with no paperwork or lineups, customers can start sending, saving and converting their US dollars in a matter of minutes.
EQ Bank has remained committed to bringing smarter banking solutions to Canadians, focused on providing far more value than traditional banks while removing everyday banking complexities such as the need for separate savings and chequing accounts. With over $7B in deposits and more than 250,000 customers, EQ Bank was named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists.
The new 1.25%1 interest rate is now available to all current and new customers and applies to EQ Bank US Dollar Accounts. All EQ Bank deposit products are eligible for CDIC deposit insurance†.
About EQ Bank
EQ Bank, the digital banking platform launched in 2016 by Equitable Bank (a federally regulated Schedule I bank), provides state-of-the-art digital banking services. The Savings Plus Account reimagines banking by offering an everyday high interest rate, plus the flexibility of a chequing account, with free transactions, no everyday banking fees, no minimum balances, fast, cheap, and fully transparent international money transfers, and more—all from one account. Its Guaranteed Investment Certificates (GICs) also offer Canadians a wide range of options with competitive rates. EQ Bank has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists. To learn more, please visit www.eqbank.ca.
About Equitable Bank
Equitable Group Inc. trades on the Toronto Stock Exchange (TSX: EQB, EQB.PR.C and EQB.R) and serves more than 340,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™. Equitable Bank has a clear mandate to drive change in Canadian banking to enrich people's lives. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking and through its EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists. Please visit equitablebank.ca for details.
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SOURCE Equitable Group Inc. | https://www.kxii.com/prnewswire/2022/05/11/eq-bank-increases-interest-rate-us-dollar-accounts-125/ | 2022-05-11T19:24:45Z |
LEXINGTON, Ky., Aug. 8, 2022 /PRNewswire/ --
- For the second quarter of 2022, quarterly net income was $33.3 million (diluted EPS of $0.74) and Adjusted EBITDA was $57.9 million, which respectively were 235% and 220% higher than our previous second quarter records.
- We built approximately 90,000 tons of inventory during the second quarter of 2022 due largely to continued logistical issues in the form of slow rail service. This brings the total inventory build for first half of 2022 to over 180,000 tons. Had this coal timely shipped in the first half of 2022 as expected, we believe EPS and Adjusted EBITDA would have been higher by $0.65 per share and $40 million respectively1.
- The Company has booked total 2022 sales of roughly 2.8 million tons as of August 4 at an average sales price of roughly $214 per ton fob mine2. Approximately 200,000 tons of future production is remaining to be placed.
- We estimate that these 2.8 million tons of committed sales currently translate into estimated 2022 net income of over $230 million (EPS of over $5.10) and Adjusted EBITDA of roughly $340 million3.
- We recently contracted for the sale of roughly a quarter of a million tons of our metallurgical coal to European utility customers priced at thermal coal linked index pricing, which translates into a mine netback price of over $250 per short ton FOB mine2.
- The Company announced today that it has entered into an agreement to acquire 100% of the membership interests in Maben Coal LLC ("Maben") with its 30+ million tons of low volatile coal reserves for an aggregate purchase price of $30 million. We estimate that the transaction has a payback of less than 2 years4. We anticipate initial highwall production in late 2022, reaching full production of 250,000 tons of low volatile coal in 2023. The transaction provides future optionality to increase annual production to approximately 1 million tons.
- Our Board recently approved the expansion of the preparation plant capacity at the Elk Creek mining complex to 3.0 million tons from its current 2.1 million ton level. This expansion is expected to be complete in mid-2023.
- We are now guiding to a higher production level of at least 4.3 million tons in 2023, up from the previous guidance of 4.0 million tons. This is as a result of the Maben acquisition and the Elk Creek plant capacity expansion. The Company has also now increased its longer-range production guidance to a future production level of approximately 6.5 million tons by 2025. This level will essentially be three times the 2.2 million tons production level for year-end 2021.
- We have increased our growth-related capital expenditure guidance by roughly $25 million, and now expect total 2022 capital expenditures of $105 - $125 million. This increase reflects the expenditure for the Maben acquisition, the expansion of the Elk Creek processing capacity, as well as the acceleration of various equipment related capital expenditures for enhanced production from 2022 to 2023.
- We are reducing our full-year 2022 production guidance to 2.8 – 3.1 million tons due to the previously announced methane ignition at one of the three mines at our Berwind mine complex. We have also increased our cost guidance to $89 - $97 per ton, reflecting lower expected second half tonnage from Berwind, as well as the combination of continued inflationary increase on labor and some mine costs.
Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco" or the "Company") today reported quarterly net income for the three months ended June 30, 2022, of $33.3 million, or $0.74 per diluted share. This was nearly 240% higher than net income for the three months ended June 30, 2021, of $9.9 million, or $0.23 per diluted share.
The Company's adjusted earnings before interest, taxes, depreciation, amortization, and equity-based compensation ("Adjusted EBITDA") was $57.9 million for the three months ended June 30, 2022. This was 220% higher than $18.1 million of Adjusted EBITDA for the three months ended June 30, 2021. (See "Reconciliation of Non-GAAP Measure" below.)
Key operational and financial metrics are presented below:
Second Quarter 2022 Summary
In the following paragraphs, all references to "quarterly" periods or to "the quarter" refer to the second quarter of 2022, unless specified otherwise.
Year over Year Quarterly Comparison
Overall production in the quarter was 666,000 tons, up 16% from the same period of 2021. The Elk Creek complex produced 482,000 tons. Production from the Berwind and Knox Creek Mining complexes increased from 24,000 tons in 2021 to 184,000 tons this quarter. Overall total sales were 584,000 tons, down from 686,000 tons in the second quarter of 2021. The decline was largely attributable to continued slow rail service. This logistical constraint contributed to an inventory build of almost 90,000 tons during this quarter, and a total inventory build of over 180,000 tons for the first half of 2022.
Cash margins on Company produced coal were $109 per ton during the quarter, up over 275% from the same period of 2021. Quarterly pricing was $215 per ton of Company produced coal sold, which was almost 125% higher compared to the second quarter of 2021. Company produced cash mine costs during this quarter were $106 per ton. Quarterly cash mine costs per ton were 58% higher than for the same period of 2021. This increase in costs is principally attributed to higher sales-related costs, as well as inflationary impacts on overall costs. Cash mine costs at Elk Creek were $100 per ton during the quarter.
Despite current inflationary cost pressures, we are starting to see a decline in key raw material costs such as the price of diesel fuel and steel. We continue to anticipate a meaningful reduction in cash costs per ton in the second half of 2022. This projected decrease would be based upon factors including an increase in second half production over the first half, trucking savings from the commissioning of our Berwind Preparation Plant in the third quarter, and the full impact of royalty savings from the Ramaco Coal transaction.
Sequential Quarter Comparison
Overall production of 666,000 tons in the quarter was flat compared with the first quarter. Total sales volume of 584,000 tons for the quarter was roughly equal to the first quarter of 2022. Cash margins on Company produced coal were $109 per ton during the quarter compared to $133 per ton in the first quarter. The decline in margin was mainly due to lower realized pricing, with revenue per ton of $215 on company produced coal in the second quarter compared to $234 per ton in the first quarter of 2022.
We had previously noted that this quarter was expected to have lower revenue as it was the quarter with the heaviest volume of lower priced domestic sales. The level of that domestic volume however, constituted a higher than expected 80% of our overall coal sales due to the inventory build. Approximately 90,000 tons of the largely rail-related inventory build during the second quarter of 2022 had previously been earmarked for sale into the export market at higher prices. Importantly, we view this as deferred, not lost revenue. A significant portion of this unsold inventory has now been booked for sale in the second half of 2022 to a seaborne customer and priced against the seaborne thermal coal index for delivery.
Additional Financial Results
As of June 30, 2022, the Company had liquidity of $83.1 million, consisting of $43.5 million of cash on hand plus $39.6 million of availability under its revolving credit facility. Compared to March 31, 2022, accounts receivable and inventory increased meaningfully to $85.1 million, while accounts payable decreased to $34.4 million. The net balance sheet impact was a negative $24.0 million movement from March 31, 2022, to June 30, 2022.
Second quarter capital expenditures totaled $34.1 million. This was an increase of 73% versus $19.7 million for the first quarter of 2022 (excluding the Ramaco Coal acquisition). The increase was attributable to the continued development at the Berwind complex of both new mines and the preparation plant renovation, as well as the ongoing plant expansion of the Elk Creek complex.
The Company's effective quarterly tax rate was 22.8%, excluding discrete items. For the second quarter of 2022, we recognized income tax expense of $9.8 million, as compared with $0.2 million in the second quarter of 2021.
The following summarizes key sales, production and financial metrics for the periods noted:
Outlook and Comment
Randall Atkins, Ramaco Resources' Chairman and Chief Executive Officer commented, "The second quarter was another strong quarter, largely in-line with results from our first quarter. We remain poised to have both a record second half and full-year 2022, with financial metrics at multiples of 2021.
Importantly, we continue in our growth mode with a goal to increase our production to meet what we feel will be a continuing future demand for high quality met coal against a constrained growth in supply. We are adjusting our longer-term guidance to reflect a three-year target of now achieving roughly 6.5 million tons of production by 2025. This represents more than three times the output than we achieved last year. This increase will be financed from internally generated cash flow.
Focusing first on current results, this quarter's net income and Adjusted EBITDA were 235% and 220% greater than our previous respective highest second quarter records. Our first half of 2022 Adjusted EBITDA of $122 million and diluted EPS of $1.66 were records, largely driven by strong pricing early in the year.
On sales metrics, we now have booked total sales of roughly 2.8 million tons at an average price of rough $214 per ton5. Approximately 200,000 tons of production remain to be placed.
We estimate that these committed sales currently translate into estimated 2022 net income of over $230 million, EPS of over $5.10 and Adjusted EBITDA of roughly $340 million6. When comparing those figures to year-end 2021, through this July we have already generated results which would be roughly 6x of net income, 5x of EPS and 4x of Adjusted EBITDA. We hope additional sales by year-end will improve those numbers.
Like all our peers, first half delivered sales suffered from poor rail service. This logistical constraint had a direct financial impact on us but was unfortunately outside of our control. As a result, we built almost 90,000 tons of inventory during the second quarter of 2022. This compounded the same logistical issue we had in the first quarter, bringing our first half of 2022 inventory build to over 180,000 tons.
As strong as our results were historically, had the rails performed they would have both been even stronger and closer to consensus projections. We estimate that our first half EPS and Adjusted EBITDA would have been meaningfully higher by $0.65 per share and $40 million respectively7, had that coal shipped.
As we look ahead to the second half, perhaps somewhat propitiously, the first half inventory build may turn out to be a blessing in disguise. Should rail transportation bottlenecks ease as anticipated in the second half of 2022, then that inventory buildup may be able to be sold at higher realized prices for export.
The on-going events in Ukraine have created an unusual dynamic where historical pricing between thermal and certain met coal qualities has inverted. With the European Union set to ban Russian coal imports in a few days, we conjecture that this unique pricing inversion may not be short lived.
Accordingly, in July we entered into a sales contract to a seaborne thermal customer for delivery later this year of roughly 250,000 tons of a lower grade metallurgical coal at index prices linked to the thermal coal curve. At current index pricing, this sale translates into a netback of over $250 per short ton FOB mine to Ramaco, much higher than had it been sold into current met markets.
This is perhaps a good segue into commenting on our forward view on 2023 domestic and export sales strategy. The domestic sales season to U.S. steel customers has already commenced. For 2023, we intend to sell our coal into whatever markets will yield the best netback pricing. We are confident in our operational and logistical flexibility to sell into whatever represents the strongest market, should the pricing dynamic favor export thermal sales over domestic or seaborne metallurgical markets.
Also, as a result of our unfortunate recent Berwind methane ignition incident on July 10th, we reduced our full-year 2022 production guidance, and increased cost guidance. Since discovery of the ignition, we have been working closely with both MSHA and West Virginia MHST to investigate the matter and hopefully will soon begin remediation efforts on the affected mine. As a remainder, our two other mines at the Berwind complex, including our Triad and Laurel Fork mines, have already returned to production.
We are also excited to have announced an agreement to purchase the Maben mine assets in West Virginia with its 33 million tons of low volatile reserves. This fits within our strategic profile of acquiring low-cost, high quality greenfield reserves which can quickly be put into production. This is similar in character to our Amonate acquisition last fall. We anticipate starting initial highwall mine production at Maben in the late fourth quarter of 2022 and in 2023 to be at full production of roughly 250,000 tons of coal from the Sewell seam.
This transaction has an attractive payback of less than 2 years8. It also provides us the optionality to increase future production at Maben to roughly one million tons annually should we elect to pursue a larger deep mine operation in several other underground low-volatile seams.
Regarding other production increases, last month the Board of Directors approved the expansion of the Elk Creek Preparation Plant from 2.1 million tons of capacity to 3.0 million tons by mid-2023. As a reminder, we had already been in the process this year of increasing capacity to 2.5 million tons at the plant. We are increasing our 2022 capital expenditure guidance by $28 million largely on the back of Maben and the plant upgrade and now also anticipate increasing our 2023 production guidance to at least 4.3 million tons.
In closing, despite the challenges this year from our rail difficulties and the recent incident at our Berwind mine, we are on track to have our most profitable and record year in 2022. We remain extremely positive about Ramaco's growth trajectory. We hope over the next few years to transition into an ever-larger enterprise with both even stronger fundamental financial metrics and the continued ability to return capital to our shareholders."
2022 Guidance
(In thousands, except per ton amounts and percentages)
Committed 2022 Sales Volume(a)
(In millions, except per ton amounts)
About Ramaco Resources, Inc.
Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has three active mining complexes in Central Appalachia and one mine not yet in production near Sheridan, Wyoming. Contiguous to the Wyoming mine it operates a research and pilot facility related to the production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of roughly 50 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks. News and additional information about Ramaco Resources, including filings with the Securities and Exchange Commission, are available at http://www.ramacoresources.com. For more information, contact investor relations at (859) 244-7455.
Earnings Conference Call
Ramaco Resources will hold its quarterly conference call and webcast at 9:00 AM Eastern Time (ET) on Tuesday, August 9, 2022. An accompanying slide deck will be available at https://www.ramacoresources.com/investors-center/events-calendar/ immediately before the conference call.
To participate in the live teleconference on August 9, 2022:
Domestic Live: (877) 300-8521
International Live: (412) 317-6026
Conference ID: 10169849
Web link: Click Here
To listen to a replay of the teleconference through August 23, 2022:
Domestic Replay: (844) 512-2921
International Replay: (412) 317-6671
Replay PIN Number: 10169849
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Certain statements contained in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Ramaco Resources' expectations or beliefs concerning guidance, future events, anticipated revenue, future demand and production levels, macroeconomic trends, the development of ongoing projects, costs and expectations regarding operating results, and it is possible that the results described in this news release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Ramaco Resources' control, which could cause actual results to differ materially from the results discussed in the forward-looking statements. These factors include, without limitation, risks related to the impact of the COVID-19 global pandemic, unexpected delays in our current mine development activities, failure of our sales commitment counterparties to perform, increased government regulation of coal in the United States or internationally, the further decline of demand for coal in export markets and underperformance of the railroads, the expected benefits of the Ramaco Coal and Maben acquisitions to the Company's shareholders, and the anticipated benefits and impacts of the Ramaco Coal and Maben acquisitions. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Ramaco Resources does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Ramaco Resources to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements found in Ramaco Resources' filings with the Securities and Exchange Commission ("SEC"), including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The risk factors and other factors noted in Ramaco Resources' SEC filings could cause its actual results to differ materially from those contained in any forward-looking statement.
Reconciliation of Non-GAAP Measures
Adjusted EBITDA
Adjusted EBITDA is used as a supplemental non-GAAP financial measure by management and external users of our financial statements, such as industry analysts, investors, lenders and rating agencies. We believe Adjusted EBITDA is useful because it allows us to more effectively evaluate our operating performance.
We define Adjusted EBITDA as net income plus net interest expense, equity-based compensation, depreciation and amortization expenses and any transaction related costs. Its most comparable GAAP measure is net income. A reconciliation of net income to Adjusted EBITDA is included below. Adjusted EBITDA is not intended to serve as an alternative to GAAP measures of performance and may not be comparable to similarly-titled measures presented by other companies.
Non-GAAP revenue and cash cost per ton
Non-GAAP revenue per ton (FOB mine) is calculated as coal sales revenue less transportation costs, divided by tons sold. Non-GAAP cash cost per ton sold is calculated as cash cost of coal sales less transportation costs, divided by tons sold. We believe revenue per ton (FOB mine) and cash cost per ton provides useful information to investors as these enable investors to compare revenue per ton and cash cost per ton for the Company against similar measures made by other publicly-traded coal companies and more effectively monitor changes in coal prices and costs from period to period excluding the impact of transportation costs, which are beyond our control. The adjustments made to arrive at these measures are significant in understanding and assessing the Company's financial condition. Revenue per ton sold (FOB mine) and cash cost per ton are not measures of financial performance in accordance with GAAP and therefore should not be considered as an alternative to revenue and cost of sales under GAAP. The tables below show how we calculate non-GAAP revenue and cash cost per ton:
Non-GAAP revenue per ton
Non-GAAP cash cost per ton(1)
We do not provide reconciliations of our outlook for cash cost per ton to cost of sales in reliance on the unreasonable efforts exception provided for under Item 10(e)(1)(i)(B) of Regulation S-K. We are unable, without unreasonable efforts, to forecast certain items required to develop the meaningful comparable GAAP cost of sales. These items typically include non-cash asset retirement obligation accretion expenses, mine idling expenses and other non-recurring indirect mining expenses that are difficult to predict in advance in order to include a GAAP estimate.
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SOURCE Ramaco Resources, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/08/ramaco-resources-inc-reports-second-quarter-2022-financial-results/ | 2022-08-08T20:58:29Z |
LAS VEGAS (AP) — Here’s what happened in the first few seconds of this year’s NBA Summer League: Amid the squeaking of sneakers, and the noise generated by the people filling just about every lower-bowl seat in the arena, one voice could still be clearly heard.
That voice belonged to Paolo Banchero.
In the first moments of his first NBA game, Banchero was the loudest talker on defense for the Orlando Magic. And that was one of many, many good signs the 19-year-old out of Duke displayed during his opening night of professional basketball in Orlando’s 91-77 win Thursday over the Houston Rockets.
“I think I did all right,” Banchero said. “I missed some easy shots, missed a layup, couple in-and-outs. But I think I did solid. I got my teammates involved. Could have been better on defense. Just warming my body back up, getting back into playing shape, that’s kind of what I’m using Summer League for and getting back right.”
The determination on whether the Magic made the right decision by taking Banchero with the No. 1 pick in this year’s NBA draft won’t be made over the next few days in Las Vegas, or by what happens when the regular season starts in October, or if he wins Rookie of the Year. It’ll be made years from now, when there’s an actual body of work to judge.
Yet this much was already clear: The kid knows how to play.
Banchero’s final numbers: 17 points on 5-for-12 shooting, along with six assists and six fouls (you’re allowed more in Summer League) in 26 minutes. They’re all completely irrelevant, even though overreacting to summer stats is quickly becoming an annual NBA tradition.
The relevant part was how Banchero just kept making the right play.
“It’s great, just playing alongside someone like him,” fellow Magic rookie Caleb Houstan said. “Him being able to create for others and create for himself makes it easier on the rest of us. It’s a lot of fun out there.”
The Magic were going to be part of the first game of Summer League even before drafting Banchero; the schedule for Las Vegas came out a few days before the draft happened. It was a made-for-TV event, with a 10 p.m. Eastern starting time as part of the NBA marketing the opening night doubleheader — Portland and Detroit were playing after the Rockets-Magic game — as Midnight Madness.
But Banchero was part of the reason the night had a big-game feel. Scalpers were outside the arena three hours before the game, casually asking if anyone needed tickets. Magic coach Jamahl Mosley couldn’t walk 10 feet inside UNLV’s Thomas and Mack Center without someone saying hello or shaking his hand. Big names — a past No. 1 pick like John Wall, a Hall of Famer like Jerry West, an All-Star like DeMar DeRozan, a NBA champion like Kyle Kuzma — grabbed courtside seats to watch.
The kid didn’t disappoint.
“Summer League, it’s like Vegas. Have fun, play basketball,” Banchero said. “I wanted to win.”
The first time Banchero touched the ball, he didn’t hesitate in whipping a pass to Devin Cannady for an open 3. His next touch, he drew a foul against Jabari Smith Jr. — the No. 3 pick by Houston, someone who many thought Orlando would take with the No. 1 selection.
He made his first four shots, two of them from 3-point range. He forced Houston into at least three turnovers just by being in the right place on defense. He felt a double-team coming on a post-up and again made the smart play, finding the open Cannady for another 3.
He was not flawless, of course.
Orlando’s Emanuel Terry made a great back-door cut that should have gotten him a dunk in the opening minutes, but Banchero was late with the pass (one of his very few early mistakes, after scoring or assisting 14 of Orlando’s first 17 points). He was foul-prone, which isn’t exactly a big deal in Summer League. He tried to attack the basket by going 1-on-3 late in the first half; he got fouled and went to the line, though overpowering some guys in July is quite a bit easier than if he tries it against the real pros when the games count. And when he missed a rebound that led to a Houston putback score late, Banchero slapped the ball in anger.
“He wasn’t perfect,” Magic summer coach Jesse Mermuys said. “But he did obviously make some really nice plays for us. And I thought he was trying defensively really hard. He did some silly fouls, and as a coach I’m looking at the things he didn’t do, but he obviously had a nice game.”
That all said, the good signs way outnumbered the mistakes.
A slew of Magic veterans, a fellow No. 1 pick in Markelle Fultz among them, leaped from their courtside seats more than once in response to what Banchero was doing on the floor. And at times when he was out of the game and a teammate did something particularly well, Banchero was one of the first to his feet to lead cheers.
It was one game, a summer debut, an outcome soon to be forgotten.
But it was a moment, the first of many, and it wasn’t too big for Banchero. He got a tattoo on his right arm last year. No Pressure, it says. It’s a credo he lives by.
“I’ve always dealt with pressure well,” Banchero said. “Been able to handle it. At the end of the day, it’s just basketball. There can be all the noise, all the pressure in the world, but at the end of the day you’ve got to go out there and hoop against five other guys.”
___
Tim Reynolds is a national basketball writer for The Associated Press. Write to him at treynolds(at)ap.org
___
More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/analysis-bancheros-summer-debut-was-a-smashing-success/ | 2022-07-09T01:44:45Z |
Lunchbox Open accelerates restaurant integrations forward in an already advanced landscape, opening up a marketplace of streamlined integrations for operators and an entry point for new partners.
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Lunchbox, the enterprise online ordering system that's platformed national and regional QSR brands such as Firehouse Subs, Clean Juice, and Wings Over, has announced today the launch of Lunchbox Open, an advanced open marketplace that offers restaurants to plug directly into the platform to gain access to all major integration partners and offers an entry point for new partners.
Lunchbox Open allows restaurants to consolidate their efforts into one platform that offers entry to all major ordering, processing, marketing, delivery, POS and marketplace integrations. The new offering will allow restaurants to gain entry and invite their preferred integrations to the platform, all while streamlining efforts and building beyond their current restaurant operations.
With Lunchbox Open, restaurants will gain access to the following integrative features:
- Ordering: Plugin access to top ordering integrations such as Lunchbox, Koala, and Bite, among many others.
- Processing: Plugin access to top processing integrations such as Brink, Worldpay, and FirstData, among many others.
- Marketing: Plugin access to top marketing integrations such as Google Ads, Adroll, and Facebook, among many others.
- Delivery: Plugin access to top delivery integrations such as FlyBuy, UberEats, and Doordash, among many others.
- Point of Sale: Plugin access to top POS integrations such as Toast, Brink, Revel, and Micros, among many others.
- Marketplace: Plugin access to top marketplace integrations such as Doordash, Grubhub, UberEats, and EzCater, among many others.
The product is expected to scale with Lunchbox's primary focus to be slated on capabilities that aggregate data, pull analytics, and streamline cross-functional updates.
Alongside offerings for restaurants, the new marketplace also poses opportunities for many partners in the space. Lunchbox Open allows new and eager services to launch and scale within the space, eliminating the current block on entry by legacy vendors like Olo or legacy POS.
"Our mission is to help restaurants in every avenue and the best way to do that is by giving them access to pick and choose the integrations that make sense for them and their restaurant," says co-founder Hadi Rashid, "We're also opening up the race for integration partners. We hope to see more companies emerge that project restaurants forward — and this platform gives our restaurants direct access to these companies. It's the Zapier for restaurants."
Those interested in learning more about Lunchbox Open can visit: lunchbox.io/open
Lunchbox is an online ordering system for restaurants to grow their online revenue. Lunchbox enables restaurant chains to take control of their digital growth strategy through its suite of products specializing in app and web ordering, customer loyalty, marketing, and order aggregation to increase sales and strengthen guest engagement. The company has empowered over 5,000+ restaurant locations across the country including Bareburger, Clean Juice, Fuku, Little Sesame, and Tacombi. To learn more, visit www.lunchbox.io.
Media Contact: sleigh@lunchbox.io
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SOURCE Lunchbox | https://www.wibw.com/prnewswire/2022/09/13/lunchbox-launches-largest-network-integrations-giving-restaurants-tech-companies-access-100-partners/ | 2022-09-13T13:04:13Z |
LOS ANGELES, July 22, 2022 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Inotiv, Inc. ("Inotiv" or the "Company") (NASDAQ: NOTV).
Class Period: September 21, 2021 – June 13, 2022
Lead Plaintiff Deadline: August 22, 2022
If you wish to serve as lead plaintiff of the Inotiv lawsuit, you can submit your contact information at www.glancylaw.com/cases/inotiv-inc/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Envigo and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the AWA; (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) 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.
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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 Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.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 Glancy Prongay & Murray LLP | https://www.mysuncoast.com/prnewswire/2022/07/22/notv-investors-have-opportunity-lead-inotiv-inc-securities-fraud-lawsuit/ | 2022-07-22T19:03:33Z |
More than 500 flights canceled over severe weather
Published: Jun. 3, 2022 at 1:10 PM CDT|Updated: 14 minutes ago
(CNN) - Airlines canceled more than 500 flights in the United States Friday, according to FlightAware.
The cancelations include areas experiencing severe weather.
A tropical storm system is dumping heavy rains in south Florida, posing a threat of flooding. It prompted airlines to cancel many of the flights into and out of Key West International Airport.
Friday’s cancelations follow the more than 1,600 flights disrupted on Thursday. FlightAware says that was about 6% of all U.S. flights.
More than 400 of those flights were departing from one of the three large New York City-area airports.
Nationwide, travel delays hit more than 6,500 flights on Thursday.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/03/more-than-500-flights-canceled-over-severe-weather/ | 2022-06-03T18:25:04Z |
HOUSTON, May 19, 2022 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it was awarded two task orders under the Department of Defense Information Analysis Center's (DoD IAC) multiple-award contract (MAC) vehicle totaling $106 million for the Air Force Life Cycle Management Center (AFLCMC).
Through the task orders, KBR will support the modernization and sustainment of the C-130 Hercules aircraft and the development of recommendations on cyber security strategies, engineering analysis, and assessment of testing for the International Air Traffic Control Radar Beacon System, Identification Friend or Foe (IFF) and Mark XIIB System (AIMS) Program Office. These DoD IAC MAC task orders are awarded by the U.S. Air Force's 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the Defense Technical Information Center (DTIC) repository and the R&D and S&T communities.
One of the contracts is a five-year, $65 million recompete task order in support of the AFLMC Mobility and Training Aircraft Directorate (WLN). KBR will provide critical, adaptable acquisition management, systems engineering, test and evaluation management, logistics planning and analysis, and cybersecurity solutions for multiple variants of the C-130 aircraft. This work will support current and upcoming avionics upgrades and aircraft block modification programs; digital engineering transformation efforts; and all production, modernization and sustainment requirements.
The "utility player" of the Air Force, the C-130 Hercules performs a number of diverse roles, including Antarctic ice resupply, aeromedical missions, weather reconnaissance, firefighting duties for the U.S. Forest Service, and support for humanitarian missions. The craft also serves as the prime transport for airdropping troops and equipment into hostile areas.
"With our highly experienced team, rich history and firm understanding of the C-130, KBR will continue to assist the Air Force in rapidly fielding effective, sustainable and cost-efficient capabilities for this tactical transport aircraft," said Byron Bright, KBR Government Solutions president.
The company will carry out these duties at Wright-Patterson Air Force Base in Ohio; Robins Air Force Base in Georgia; U.S. Coast Guard Base Elizabeth City in North Carolina; and in British Columbia, Canada.
The other award is a five-year, $41 million recompete task order for the AFLCMC Engineering Directorate (EZ) DoD AIMS Program Office, through which KBR will support the AFLCMC Engineering and Communication Network Branch (EZAC). KBR will conduct research and analysis and provide recommendations for the AIMS box and platform-level certification testing and system level changes. DoD AIMS Program Office is responsible for designing and developing certification criteria and test procedures, to include testing and oversight of U.S. Military, Foreign Military Sales, Allies, and Coalitions Forces Mark XIIB systems and subsystems for interoperability, command, control, communications, computers, intelligence, surveillance, and reconnaissance and combat weapons systems worldwide.
"KBR has a highly experienced group of engineers and IFF technical experts who are honored to continue their trusted working relationships across the U.S. and allied IFF communities," said Bright. "The DoD AIMS Program is a critical component of maintaining U.S. air superiority across the globe, and we're honored to continue support of this important military capability."
The company will carry out these duties primarily at Robins Air Force Base, Georgia, with support at other locations around the globe.
KBR has performed continuous modernization and sustainment efforts for AFLCMC/WLN for more than a decade and is proud to be a trusted leader in the advancement of air, space, cyber and missile defense systems for the U.S. military, helping overcome the nation's most pressing strategic challenges. The company drives innovation by combining engineering, technical and scientific expertise with its full life cycle capabilities, mission knowledge and future-focused technologies, and is known for delivering for customers in the most complex or extreme environments.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission critical roles in 34 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
About DoD IAC Program
The DoD IAC, sponsored by the Defense Technical Information Center, provides technical data management and research support for DoD and federal government users. Established in 1946, the IAC program serves the DoD science & technology (S&T) and acquisition communities to drive innovation and technological developments by enhancing collaboration through integrated scientific and technical information development and dissemination for the DoD and broader S&T community.
Forward Looking Statement
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company's ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market; the company's ability to manage its liquidity; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; the possibility of cyber and malware attacks; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.
The company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
This material is based upon work supported by the DoD Information Analysis Center Program (DoD IAC), sponsored by the Defense Technical Information Center (DTIC) under Contract No. FA8075-18-D-0015.
Approved for Public Release, Distribution Unlimited. Any opinions, findings and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the DoD.
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SOURCE KBR, Inc. | https://www.wibw.com/prnewswire/2022/05/19/kbr-support-key-us-air-force-initiatives-through-award-106m-task-orders/ | 2022-05-19T11:27:25Z |
Shanghai releases more from virus observation amid lockdown
BEIJING (AP) — Shanghai says it has released 6,000 more people from medical observation facilities, though the lockdown of most of China’s largest city was being maintained in its third week. About 6.6 million people in the city of 25 million were allowed to leave their homes Tuesday, but some were restricted to their own neighborhoods. Some housing compounds also appeared to still be keeping residents locked inside, and no further lifting of restrictions was apparent Wednesday. Officials warn Shanghai still doesn’t have the latest surge in cases of the omicron variant under control. Part of that effort is sending people who test positive or were a close contact to spend at least a week in centralized observation centers. | https://localnews8.com/news/ap-national-business/2022/04/13/shanghai-releases-more-from-virus-observation-amid-lockdown/ | 2022-04-13T09:37:03Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has arranged $70,000,000 in permanent financing for 21 West Street in New York, New York. The 33-story tower includes 293 carefully designed studio, one-, two-, and three-bedroom apartments. Located in the Financial District of Manhattan, the property is proximate to the offices of major financial firms, including Goldman Sachs and American Express.
Jonathan Schwartz, Adam Schwartz, Aaron Appel, Keith Kurland, Michael Ianno, and Triston Stegall led the Walker & Dunlop team in arranging the financing for Rose Associates, a repeat client. Based in New York, Rose Associates is a leading multifamily and mixed-use real estate developer and operator that has overseen the successful residential and retail leasing at the property for nearly 30 years. The 12-year loan, provided by MetLife features an attractive fixed rate and interest-only payments for the entire term, which will ensure continued operating performance for years to come. The Rose Associates team was led by Marc Ehrlich, Chief Investment Officer and Michele Bengelsdorf, Head of Asset Management.
"Though the New York City rental market experienced headwinds during the COVID-19 pandemic, the market has successfully absorbed more than 60,000 new units that were delivered over the past four years. With vacancies at near record lows, this lending opportunity was very attractive to the capital markets," said Walker & Dunlop's Jonathan Schwartz.
21 West Street blends modern convenience and a classic landmark style with luxurious residences. The property's amenity offerings include a roof deck, fitness center, resident lounge, and children's playroom. With excellent transit access, residents enjoy convenient access to the rest of Manhattan as well as to Brooklyn, Queens, and New Jersey. New retail offerings, including West of Broadway, Brookfield Place, and Westfield's World Trade Center mall dramatically increase area residents' shopping and dining options.
Walker & Dunlop is the third largest provider of capital to the U.S. multifamily market, originating $49 billion in transactions and lending over $42 billion for multifamily properties in 2021. With one of the strongest networks in the industry, the firm's 2021 brokered loan originations totaled $30 billion, a 170% increase over 2020. To learn more about our Capital Markets capabilities and financing options, visit our website.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where Americans live, work, shop and play — to life. The power of our people, premier brand, and industry-leading technology makes us more insightful and valuable to our clients, providing an unmatched experience every step of the way. With over 1,000 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.
About Rose Associates, Inc.
Established in 1925, Rose Associates is a premier real estate firm specializing in multifamily rental properties in New York City and the tristate area. Focused on the development, acquisition and management of the highest quality assets, the firm is currently developing six properties in the New York City metropolitan area. Rose's management platform incorporates state-of-the-art services to maximize revenue and enhance asset value, ensuring that Rose properties consistently outperform the market. Under the leadership of CEO and President Amy Rose, the firm is a certified Women's Business Enterprise that is currently pursuing a diverse and aggressive growth strategy.
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SOURCE Walker & Dunlop, Inc. | https://www.kxii.com/prnewswire/2022/04/11/walker-amp-dunlop-structures-70-million-financing-manhattans-21-west-street-apartments/ | 2022-04-11T22:23:04Z |
HOBOKEN, N.J., Sept. 14, 2022 /PRNewswire/ -- Pearson, the world's leading learning company, and Headspace, a global leader in mindfulness and meditation, today announced a partnership to make mental wellness resources affordable to college students via Pearson+. Pearson+ student active subscribers can claim a 30-day free trial to Headspace, just in time for the fall semester. Following the free trial, Pearson+ members will have the ability to sign-up for Headspace's highly discounted student rate of $9.99 per year. Students can also sample Headspace's premium mindfulness content within the Pearson+ app with the "In Between Classes" meditation, a short grounding practice to help students feel centered and ready for the day ahead.
"Headspace has built a powerful brand that has helped millions of people improve their health and we're excited to bring their services to our Pearson+ students," stated Lynne Frank, Pearson Chief Marketing Officer and Co-President Direct to Consumer. "We're confident this partnership will help students have a positive mindset as they approach their studies so they can get better results and enjoy their college experience."
Headspace offers more than 1,000 hours of award-winning mindfulness and meditation content, including meditations, sleepcasts, mindful movement and focus exercises. In 28 published studies in some of the leading mindfulness peer-reviewed journals, Headspace has been shown to have favorable outcomes of interventions including reduced stress, improved focus, decreased aggression, reduced burnout and improved satisfaction with life. Most recently, Headspace has released a curated "back-to-school" collection where students can find useful mindfulness content and tips from leading experts and Headspace's beloved mindfulness and meditation teachers. With the goal of helping students navigate life as a young person, course topics include fear of the future, leaving home, dealing with distractions, navigating change and fighting FOMO. There are also SOS exercises and expert guidance on a number of common issues students share such as burnout, exam prep, building self-confidence, and kicking the Sunday Scaries.
"Our work with Pearson provides much-needed mental wellbeing support at an affordable price to students across the United States," stated Emma Nemtin, Head of Consumer Brand and Distribution Partnerships at Headspace. "With partners like Pearson, we hope to develop lifelong relationships with young people across the globe and motivate them to prioritize their mental health while leaning on Headspace to help navigate major life moments, like the transition into college."
Earlier this year, Pearson's Global Learner Survey was released and found that more than 80% of people globally prioritize mental health and wellbeing services when considering higher education institutions for themselves or their children.
In its first year, Pearson+ gained 4.5 million registered users 329,000 paid subscriptions from August of 2021 to July of 2022.
Visit Pearsonplus.com to learn more, including information about Pearson Plus Channels, a new study tool featuring thousands of curated videos to help students learn and succeed.
At Pearson, our purpose is simple: to add life to a lifetime of learning. We believe that every learning opportunity is a chance for a personal breakthrough. That's why our c.20,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world's leading learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn't just what we do. It's who we are. Visit us pearsonplc.com.
Headspace was created with one mission in mind: to improve the health and happiness of the world. As one of the first meditation apps on the market, Headspace remains a leader in mindfulness and mental training. For more information please visit us at headspace.com, or follow us on Facebook, Twitter, Instagram and TikTok.
Headspace Health is a leading provider of mental health and wellbeing solutions, touching the lives of over 100 million people in 190 countries. Through our flagship Headspace brand, we provide mindfulness tools for everyday life, including meditations, sleepcasts, mindful movement, and focus exercises. Our enterprise brands, Headspace for Work and Ginger, are distributed through over 3,700 enterprises, including Starbucks, Adobe, Delta Air Lines, and Paramount; and through health plans such as Cigna. Our members and enterprise partners' employees have access to mindfulness and meditation tools, CBT, coaching, therapy, and psychiatry, ultimately helping them to be healthier and more productive. To learn more about Headspace Health and our family of brands, visit headspacehealth.com.
Contact
Joe Wiggins, Joe.wiggins@pearson.com
Steven Bram, press@headspace.com
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SOURCE Pearson | https://www.kxii.com/prnewswire/2022/09/14/pearson-headspace-partner-support-college-students-with-affordable-mental-wellness-content/ | 2022-09-14T13:05:45Z |
NEW YORK, Aug. 30, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Kiromic BioPharma, Inc. (NASDAQ: KRBP) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Kiromic common stock issued in connection with the Company's public offering that closed on July 2, 2021 and/or (b) Kiromic common stock between June 25, 2021 and August 13, 2021, both dates inclusive.
Lead Plaintiff Deadline: October 4, 2022
No obligation or cost to you.
Learn more about your recoverable losses in KRBP:
https://www.kleinstocklaw.com/pslra-1/kiromic-biopharma-inc-loss-submission-form?id=31229&from=4
CLASS ACTION CASE DETAILS: The complaint alleges that the registration statement and prospectus issued in connection with the Company's public offering that closed on July 2, 2021 (the "Offering Documents") failed to disclose that the Food and Drug Administration ("FDA") had, prior to the filing of these documents, imposed a clinical hold on the Company's Investigational New Drug ("IND") applications for its two new drug candidates. Given that the offering closed on July 2, 2021, more than thirty (30) days after the Company submitted the IND applications for its two immunotherapy product candidates, investors were assured that no clinical hold had been issued and clinical trials would commence.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Kiromic you have until October 4, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Kiromic securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the KRBP lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/kiromic-biopharma-inc-loss-submission-form?id=31229&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.mysuncoast.com/prnewswire/2022/08/30/krbp-alert-klein-law-firm-announces-lead-plaintiff-deadline-october-4-2022-class-action-filed-behalf-kiromic-biopharma-inc-shareholders/ | 2022-08-30T11:03:29Z |
CARMEL, Ind., May 31, 2022 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) announced today the extension of title sponsorship of the CNO Financial Indianapolis Monumental Marathon. CNO will maintain the title sponsorship of the event through at least 2024. The race is organized by Beyond Monumental, a local not-for-profit organization.
"This annual event demonstrates CNO's commitment to health and wellness in our hometown of central Indiana," said Rocco Tarasi, chief marketing officer of CNO and Beyond Monumental board member. "We are thrilled to renew our sponsorship and partnership with Beyond Monumental, supporting the continued growth of this popular event."
Since 2016, CNO has partnered with Beyond Monumental as the title sponsor of the marathon. It is one of the 15 largest full marathons in the country and includes a Half Marathon and 5K. This year marks the 15th anniversary of the marathon and will be held on Saturday, November 5, 2022.
In 2021, over 13,000 registrants arrived back to downtown Indianapolis for an in-person race. The CNO Financial Monumental Marathon event sold out for the 9th time in the event's history. With the event already on track to surpass the registration total from 2021, the event's 10th sell out is expected.
"We deeply appreciate CNO Financial Group's reaffirmed commitment to the CNO Financial Indianapolis Monumental Marathon," said Jed Cornforth, Executive Director, Beyond Monumental. "Their unwavering commitment and support continue to help our organization build meaningful event experiences and provide access to health and wellness programming to Indianapolis area students. We look forward to building toward this year's event and celebrating its 15th Anniversary."
Race registration is now open at monumentalmarathon.com.
About Beyond Monumental
Beyond Monumental actively supports youth health and well-being by providing access to exceptional events and programs. In addition to hosting the CNO Financial Indianapolis Monumental Marathon, the organization gives back to the Indianapolis community through the Apex Benefits Monumental Kids Movement, a bi-weekly program that focuses on engaging and educating youth about the benefits of physical fitness and healthy living. Beyond Monumental has donated more than $1.3 million to local public education since its inception. The CNO Financial Indianapolis Monumental Marathon is a top 15 marathon in the US and is nationally recognized by Runners' World as one of "Ten Great Marathons for First Timers". The 15th annual running is scheduled for November 5, 2022.
About CNO Financial Group
CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and $35 billion in total assets. Our 3,400 associates, 4,400 exclusive agents and 4,700 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.
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SOURCE CNO Financial Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/31/beyond-monumental-cno-financial-group-announce-indianapolis-monumental-marathon-title-sponsorship-extension-through-2024/ | 2022-05-31T15:09:39Z |
Driven by investor research and innovative design, Wealth InFocus is transforming digital and print client communications and increasing investor engagement with a simpler, intuitive and actionable experience
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- To better engage investors, empower advisors and accelerate digital transformation in the wealth management industry, global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) launched Wealth InFocus, a next-gen wealth communications experience designed on a foundation of investor research, with Cetera Financial Group (Cetera) as the first client. This new approach toward wealth communications provides a better digital experience according to 78% of Cetera's surveyed pilot clients, and 88% of respondents would like to receive a Wealth InFocus digital communication on an ongoing basis.
"Wealth InFocus is a cutting-edge communications experience that is already improving client engagement, enhancing investor connections with advisors and driving digital transformation, which makes Cetera even more unique in a crowded, legacy landscape," said Tom Gooley COO of Cetera. "We are excited to be the first firm to go live with this innovative communications experience and are empowering our clients and their financial well-being with the information that is most important to them while delivering solutions to our advisors that reinforce the value they bring to their clients. This underscores Cetera's deep commitment to providing our financial professionals with simple and impactful solutions, so they have more time to grow their practices, enjoy their families and serve their clients."
Wealth InFocus is designed to take an investor-centric approach by consolidating, aggregating and presenting the most important information across various account and regulatory communications, including statements, confirms, proxies and prospectuses. Replacing traditional static communications, Wealth InFocus creates a new holistic experience, making it easier for investors to consume and better understand account details while providing advisors with new opportunities to reinforce their value and communicate directly with their clients. Investors can quickly and securely contact an advisor, view key account information, gain insights, and review action items and events across channels, including email, text, microsites and print, according to their preferences.
"Broadridge continues to pioneer a suite of digital capabilities, such as Wealth InFocus, to make investor communications more intuitive, convenient and understandable while strengthening relationships among investors, advisors and wealth management firms across digital and physical channels," said Doug DeSchutter, President of Broadridge Customer Communications. "Given Broadridge's investment and expertise in wealth management, customer and regulatory communications, and digital transformation, we are uniquely positioned to provide Cetera and the wealth management industry with the data and technology to transform communication experiences for investors while significantly reducing costs and increasing efficiencies for firms."
Built upon the Cloud and an API-driven infrastructure, Wealth InFocus is proving to deepen omni-channel engagement and connections for investors, advisors and wealth management firms.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with $5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than U.S. $9 trillion in equities, fixed income, and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.
For more information about Broadridge, please visit www.broadridge.com.
About Cetera Financial Group®
Cetera Financial Group (Cetera) is a leading financial services firm whose purpose is to enable the delivery of best-in-class financial advice to as many Americans as possible. Cetera empowers its financial professional communities to help clients achieve their version of financial wellbeing through the Advice-Centric Experience®. Cetera proudly serves independent financial professionals, tax professionals, banks and credit unions in providing wide-ranging financial planning and wealth management services.
Cetera oversees approximately $353 billion in assets under administration and $122 billion in assets under management, as of December 31, 2021.
Visit www.cetera.com, and follow Cetera on LinkedIn, Twitter and Facebook.
"Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC. Located at: 655 W. Broadway, 11th Floor, San Diego, CA 92101.
Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
+1 516-472-5129
Edings.Thibault@Broadridge.com
Media:
Gregg Rosenberg
Corporate Communications, Broadridge
(212) 918-6966
Gregg.Rosenberg@broadridge.com
Ryan Hoffman
Ryan.hoffman@Cetera.com
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SOURCE Broadridge Financial Solutions, Inc. | https://www.kxii.com/prnewswire/2022/09/08/cetera-financial-group-first-launch-broadridge-next-gen-client-communications-experience-leveraging-data-analytics-better-investor-engagement/ | 2022-09-08T12:12:01Z |
DALLAS (KDAF) — The Dallas Mavericks and Dallas Stars are in the midst of fighting for their respective professional championships in the NBA Playoffs and Stanley Cup Playoffs.
The two North Texas sports franchises have some extra support from some colorful animals over at the Dallas Zoo.
“We’re showing off our best @dallasmavs Blue and @DallasStars Victory Green in celebration of postseason basketball AND hockey in Dallas! #dALLasIN#NBAPlayoffs#StanleyCup#TexasHockey,” the zoo tweeted. | https://cw33.com/news/local/photos-dallas-zoos-colorful-animals-cheering-on-mavericks-stars-in-playoffs/ | 2022-05-04T18:59:05Z |
TORONTO, July 7, 2022 /PRNewswire/ - Talisker Resources Ltd. ("Talisker" or the "Company") (TSX: TSK) (OTCQX: TSKFF) is pleased to announce high-grade results within the Historic Ownership Gap between the Bralorne and Pioneer Mines.
- Hole SB-2022-016 and SB-2022-012 are located within the Bralorne East Block and focuses on a historic ownership gap between the Bralorne and Pioneer Mines.
- SB-2022-016 intersected a total of six veins highlighted by:
- Hole SB-2022-012 intersected two veins highlighted by:
- True widths are estimated at 70 - 90% of intercept lengths and are based on oriented core measurements where available.
- Talisker drilling to date at the Bralorne Gold Project has produced 397 vein intersections with a combined weighted average diluted grade of 9.50 g/t over an average intersection length of 1.73 metres.
Terry Harbort, President and CEO of Talisker, commented, "We are greatly encouraged by the development of new resource targets in the historic ownership gaps that exist between the old King, Bralorne and Pioneer mines. Delivering consistent high-grade and intercept thickness, these holes will add nicely to our upcoming resource estimate in this new, previously unexplored, and historically unmined area. We are waiting for our final 620 drill hole assay results from the laboratory so we can complete and release our eagerly awaited resource at Bralorne."
A total of 140,671 metres (290 holes) has been drilled since Talisker initiated drilling at the Project in February 2020. Currently, there are 620 samples at the assay laboratory, which are expected to be received by the Company shortly.
- Complete assay results received
- Located in the Bralorne East block and hosted in granite and diorite
- Taylor Vein intersected from 224.30 to 224.80 metres
- New vein intersected from 451.95 to 452.45 metres with visible gold
- New vein intersected from 455.10 to 455.65 metres
- New vein intersected from 461.60 to 462.75 metres with visible gold
- Complete assay results received
- Located in the Bralorne East block and hosted in granite and diorite
- New vein intersected from 135.10 to 135.60 metres with visible gold
- 51B FW intersected from 204.30 to 204.80 metres with visible gold
- New vein intersected from 294.55 to 295.05 metres
- 77 Vein intersected from 317.85 to 319.05 metres with visible gold
- New Vein intersected from 417.30 to 418.30 metres with visible gold
- 202 Vein intersected from 591.20 to 591.95 metres with visible gold
Major vein structures intersected are considered classic Bralorne crack-seal quartz-carbonate veins with densely banded sulphide septae. Crack-seal septae host fine-grained arsenopyrite and pyrite mineralization. Alteration halos consist of strong silica-sericite±mariposite alteration halos.
All reported drill assay results are available on the Company's website at the following link: https://taliskerresources.com/bralorne-gold-project-released-drill-results/.
Terry Harbort, President and CEO, and Matt Filgate, VP Corporate Development of Talisker will provide an update on the ongoing drill program and upcoming resource update during a webinar hosted by Adelaide Capital on Monday, July 11th at 12 pm ET. If you would like to participate you can register here: https://us02web.zoom.us/webinar/register/WN_6_BvI1MCTUypvvEYTPXy7Q.
The webinar will also be live streamed on the Adelaide Capital YouTube Channel here: https://www.youtube.com/channel/UC7Jpt_DWjF1qSCzfKlpLMWw. A replay will be made available on that channel after the event.
The technical information contained in this news release relating to the drill results at the Bralorne Gold Project has been approved by Leonardo de Souza (BSc, AusIMM (CP) Membership 224827), Talisker's Vice President, Exploration and Resource Development, who is a "qualified person" within the meaning of National Instrument 43-101, Standards of Disclosure for Mineral Projects.
Talisker (taliskerresources.com) is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker's projects include two advanced stage projects, the Bralorne Gold Complex and the Ladner Gold Project, both advanced stage projects with significant exploration potential from historical high-grade producing gold mines, as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt and several other early-stage Greenfields projects. With its properties comprising 304,931 hectares over 500 claims, three leases and 197 crown grant claims, Talisker is a dominant exploration player in south-central British Columbia.
Drill core at the Bralorne Gold Project is drilled in HQ to NQ size ranges (63.5mm and 47.6mm, respectively). Drill core samples are a minimum of 50 cm and a maximum of 160 cm long along the core axis. Samples are focused on an interval of interest, such as a vein or zone of mineralization. Shoulder samples bracket the interval of interest such that a total sampled core length of not less than 3m both above and below the interval of interest must be assigned. Sample QAQC measures of unmarked certified reference materials (CRMs), blanks, and duplicates are inserted into the sample sequence and makeup 9% of the samples submitted to the lab for holes reported in this release. ALS Global performs sample preparation and analyses in North Vancouver, British Columbia. Drill core sample preparation includes drying in an oven at a maximum temperature of 60°C, fine crushing of the sample to at least 70% passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 g split to at least 85% passing 75 microns (ALS code PREP-31). Gold in diamond drill core is analyzed by fire assay and atomic absorption spectroscopy (AAS) of a 50g sample (ALS code Au-AA26), while multi-element chemistry is analyzed by 4- Acid digestion of a 0.25 g sample split with detection by inductively coupled plasma mass spectrometer (ICP-MS) for 48 elements (Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr). Gold assay technique (ALS code Au-AA26) has an upper detection limit of 100 ppm. Any sample that produces an over-limit gold value via the gold assay technique is sent for gravimetric finish (ALS method Au-GRA22) which has an upper detection limit of 10,000 ppm Au.
Certain statements contained in this press 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 Talisker's current belief or assumptions as to the outcome and timing of such future events. 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 Talisker. Although such statements are based on reasonable assumptions of Talisker's management, there can be no assurance that any conclusions or forecasts will prove to be accurate.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and environmental risks and risks relating to the failure to receive all requisite shareholder and regulatory approvals.
The forward-looking information contained in this release is made as of the date hereof, and Talisker is not obligated 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 contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
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SOURCE Talisker Resources Ltd | https://www.wibw.com/prnewswire/2022/07/07/talisker-intersects-4193-gt-au-over-125-metres-within-968-gt-au-over-560-metres-bralorne-gold-project/ | 2022-07-07T12:40:48Z |
Pro Football Hall of Fame opens 'Class Locker Exhibit' for Class of 2022 in museum
CANTON – The Pro Football Hall of Fame has been adding different exhibits this month. With the 2022 enshrinement around the corner, the Hall announced the museum added another exhibit specifically for the Class of 2022.
The Hall displays different artifacts representing each of the eight inductees in a locker room setting. The area will be labeled as the "Class Locker Exhibit." It will be located in the interactive area of the museum.
The selected artifacts tell the story of each enshrinee, from their early careers to their enshrinement in the Hall. Some of the items include footballs, jerseys, helmets, awards, playbooks and photographs.
Pro Football Hall of Fame showcase USFL:Pro Football Hall of Fame unveils new USFL exhibit ahead of title game at Benson Stadium
Here are some of the items on display in the new exhibit:
Tony Boselli
- Helmets and jerseys from Boselli’s time with Jacksonville and USC
- Boselli’s Ed Block Courage Award
- Ball autographed by all the Jaguars’ original signees
Cliff Branch
- Autographed photo of Branch alongside his longtime friend and Raiders owner, Mark Davis
- Branch’s Raiders branded golf cap, shoes, towel and bracelet
- Football and trading cards Branch gifted to his nephew
LeRoy Butler
- Super Bowl XXXI game ball and pylon
- Butler’s jersey, pants and helmet from his time with the Packers
- Butler’s high school helmet
Art McNally
- Official jacket from Super Bowl I
- 1997 NFL Competition Committee Report that includes the reintroduction of Instant Replay
- 1959 NFL Rule Book
Sam Mills
- Custom “Dome Patrol” jacket and pants
- Game ball from the 1983 Philadelphia Stars of the United States Football League. (Mills helped lead the Stars to back-to-back USFL championships in 1984 and 1985)
- “Keep Pounding” wristband from Mills’ campaign to fight cancer
Richard Seymour
Seymour’s New England Patriots Super Bowl XXXVIII jersey
2011 Oakland Raiders laminated play sheet
- Seymour’s personal notebook
Dick Vermeil
- 1969 Los Angeles Rams special teams playbook from the season Vermeil became the NFL’s first special teams coach
- Vermeil’s Eagles coaching shirt
- Photo of Vermeil at the 1976 Rose Bowl, where his UCLA Bruins defeated a No. 1-ranked Ohio State Buckeyes
Bryant Young
- Super Bowl XXIX game ball given to Young
- A “Warriors” coffee-table book picturing Young’s leg after surgery
- Newspaper article from when he won NFL Comeback Player of the Year
The Hall of Fame enshrinement is noon, Aug.6. The Hall of Fame Game is 8 p.m., Aug. 4, when the Jacksonville Jaguars play the Las Vegas Raiders at Tom Benson Hall of Fame Stadium.
Pro Football Hall of Fame news:54 semifinalists for Class of 2023 seniors, coaches & contributors | https://www.cantonrep.com/story/sports/2022/07/14/class-locker-exhibit-2022-pro-football-hall-fame-tony-boselli-cliff-branch-leroy-butler-sam-mills/10059080002/ | 2022-07-15T01:33:04Z |
Texas woman drops lawsuit claiming Jerry Jones is her father
DALLAS (AP) — A 25-year-old Texas woman who sued Dallas Cowboys owner Jerry Jones, alleging he is her biological father, has dropped her lawsuit.
Alexandra Davis said in court papers filed Wednesday that she now wants genetic testing to verify her claim, The Dallas Morning News reported.
“Alexandra has just decided that she wants to go ahead and proceed with parentage and DNA testing,” said Jay Gray, one of Davis’ lawyers. “She wants to remove any doubts that Jerry’s her father.”
Jones’ attorneys had asked in court filings that the suit be dismissed but did not address the paternity claim. A representative for Jones declined to comment.
The lawsuit alleged that Jones had a relationship with Davis’ mother, Cynthia Davis, who was working as a ticket counter agent for American Airlines in Little Rock, Arkansas, at the time. Alexandra Davis was born in 1996.
Davis and her mother reached a settlement in which Jones would support them financially as long as they didn’t publicly identify him as her father, according to court documents. At the time of the agreement in 1998, Jones denied he was the father.
Jones and his wife, Gene, married in 1963. They have three children, and all have a front-office role with the Cowboys. Jerry Jones is the team president and general manager.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/21/texas-woman-drops-lawsuit-claiming-jerry-jones-is-her-father/ | 2022-04-22T22:39:03Z |
CORAL GABLES, Fla., Aug. 11, 2022 /PRNewswire/ -- Relmada Therapeutics, Inc. (Nasdaq: RLMD) ("Relmada," the "Company," "we," "us, "our"), a late-stage biotechnology company addressing diseases of the central nervous system (CNS), today provided a corporate update and announced preliminary and unaudited financial results for the three and six months ended June 30, 2022. The Company will host a conference call today, Thursday, August 11, at 4:30 PM Eastern Time/1:30 PM Pacific Time.
Recent Corporate Highlights
- FDA granted Fast Track designation to REL-1017 as a monotherapy for the treatment of major depressive disorder (MDD)
- Appointed John Hixon, a biopharmaceutical marketing and commercial planning veteran, to serve as the newly created position of Head of Commercial
- Published REL-1017 preclinical data on the lack of reinforcement behavior, physical dependence, and withdrawal signs in the peer-reviewed journal, Scientific Reports, and preclinical data suggesting that uncompetitive NMDAR blockers with a preference for the GluN1-2D subtype may be of particular therapeutic relevance in the peer-reviewed journal, Pharmaceuticals
"We are rapidly approaching multiple key catalysts from Reliance, the ongoing Phase 3 clinical development program for REL-1017 as a paradigm shifting novel treatment for individuals living with MDD," said Sergio Traversa, Relmada's Chief Executive Officer. "We anticipate completing the enrollment of Reliance III, the monotherapy trial, shortly, followed soon thereafter by a top-line readout of the study. We also continue to expect top-line results from Reliance I and Reliance II, the two ongoing sister, two-arm, placebo-controlled, pivotal studies evaluating REL-1017 as a potential adjunctive treatment, in this second half of the year.
"In addition to receiving Fast Track designation for REL-1017 as a monotherapy for the treatment of MDD, we achieved important progress with our commercial preparation activities for REL-1017," continued Sergio Traversa. "To this end, we recently appointed John Hixon, who has over 36 years of sales and marketing experience within the biopharmaceutical industry, including direct marketing expertise in the CNS and depression space, as Head of Commercial."
Upcoming Anticipated Milestones for REL-1017
- Results of RELIANCE III monotherapy MDD trials in the second half of 2022 with last patient enrolled before the end of August, 2022
- Results of RELIANCE I and RELIANCE II adjunctive MDD trials in the second half of 2022
- Results of RELIANCE – OLS (Long-term, Open-label) study in MDD in the first half of 2023
Second Quarter 2022 Financial Results
- Research and development expense for the three months ended June 30, 2022, totaled $24.6 million, compared to $17.3 million for the three months ended June 30, 2021. The increase was primarily driven by increased costs associated with preparing and conducting Reliance, the Company's Phase 3 program for REL-1017.
- General and administrative expense for the three months ended June 30, 2022, totaled $14.6 million compared to $9.1 million for the three months ended June 30, 2021, an increase of approximately $5.5 million. The increase was primarily driven by an increase in stock-based compensation.
- The net loss for the three months ended June 30, 2022, was $39.9 million, or $1.33 per diluted share, compared with a net loss of $26.6 million, or $1.56 per diluted share, for the three months ended June 30, 2021.
Six Months Ended June 30, 2022 Financial Results
- Research and development expense for the six months ended June 30, 2022, totaled $49.6 million, compared to $31.4 million for the six months ended June 30, 2021. The increase was primarily driven by increased costs associated with preparing and conducting Reliance, the Company's Phase 3 program for REL-1017.
- General and administrative expense for the six months ended June 30, 2022, totaled $27.9 million, compared to $17.5 million for the six months ended June 30, 2021. The increase was primarily driven by an increase in stock-based compensation.
- Net loss for the six months ended June 30, 2022 and 2021 was $79.7 million and $48.8 million, respectively. The Company had a net loss of $2.73 and $2.90 per share for the six months ended June 30, 2022 and 2021, respectively.
- As of June 30, 2022, the Company had cash, cash equivalents, and short-term investments of approximately $212.0 million, compared to cash, cash equivalents, and short-term investments of approximately $211.9 million at December 31, 2021.
Conference Call and Webcast Details
About REL-1017
REL-1017, a new chemical entity (NCE) and novel NMDA receptor (NMDAR) channel blocker that preferentially targets hyperactive channels while maintaining physiological glutamatergic neurotransmission, is currently in late-stage development for the treatment of major depressive disorder (MDD). The ongoing Reliance Clinical Research Program is designed to evaluate the potential for REL-1017 as a rapid-acting, oral, once-daily antidepressant treatment. In a Phase 2 trial, REL-1017 demonstrated rapid, robust, and sustained antidepressant effects with statistically significant improvements compared to placebo. The Phase 2 study also showed a favorable pharmacokinetic, safety, and tolerability profile of REL-1017 consistent with results observed in previously completed Phase 1 studies.
About Relmada Therapeutics, Inc.
Relmada Therapeutics is a late-stage biotechnology company addressing diseases of the central nervous system (CNS), with focus on major depressive disorder (MDD). Relmada's experienced and dedicated team is committed to making a difference in the lives of patients and their families. Relmada's lead program, REL-1017, is a new chemical entity (NCE) and novel NMDA receptor (NMDAR) channel blocker that preferentially targets hyperactive channels while maintaining physiological glutamatergic neurotransmission. REL-1017 has entered late-stage development as a novel treatment for MDD in adults. In addition, Relmada is advancing a clinical-stage program in neurodegenerative diseases based on psilocybin and select derivative molecules. Learn more at www.relmada.com.
Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on our behalf. This press release contains statements which constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including but not limited to statements regarding Relmada's plans to develop REL-1017, and expectations related to trials evaluating REL-1017 and potential regulatory approval of REL-1017. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described under the heading "Risk Factors" set forth in the Company's reports filed with the SEC from time to time. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Relmada undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results and that the risks described herein should not be a complete list.
Investor Contact:
Tim McCarthy
LifeSci Advisors
212-915-2564
tim@lifesciadvisors.com
Media Inquiries:
FischTank PR
relmada@fischtankpr.com
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SOURCE Relmada Therapeutics, Inc. | https://www.kxii.com/prnewswire/2022/08/11/relmada-therapeutics-provides-corporate-update-reports-second-quarter-2022-financial-results/ | 2022-08-11T21:25:42Z |
J.L. Coquet has given new meaning to the expression "collectible vinyls"
LIMOGES, France, Sept. 8, 2022 /PRNewswire/ -- To celebrate the 60th anniversary of the Rolling Stones, the brand has launched a unique set of plates inspired by the Hemisphere Vinyl collection, working the sleeves of two of the group's legendary albums – Sticky fingers and Some girls – into the wells of an assortment of two dinner plates and two dessert plates.
Dubbed 1962 to mark the year that the band was formed, these sets will be manufactured and sold online at www.jlcoquet.com.
A flash sale will take place on 8 October, a chance to get your hands on one of these unique sets.
A numbered set of black plates featuring the J.L. Coquet logo and the inimitable red tongue — a mark of authenticity. The brand has taken great care over every single detail to create a rare piece, which will please both connoisseurs and those who love the arts, Rock 'n' Roll and decoration.
Sign up now on our website, www.jlcoquet.com to try to get your hands on one of these sets.
Follow us on instagram: @jlcoquet
About J.L. Coquet:
Founded in 1824, 25 km away from Limoges, J.L. Coquet has always been renowned for its pure and delicate porcelain, as well as its excellent traditional know-how.
Its collections are still distinguished by clear white pieces, bright gold tones, contrasting colours and expert engravings almost 200 years later.
Having been awarded Entreprise du Patrimoine Vivant français [Company Exemplifying French Living Heritage] status, and protected by an IGP [Protected Geographical Indication], this exceptional company has become synonymous with the French Way of Life and "Made in France" expertise, whose elegant plates adorn the tables of award-winning restaurants.
Logo - https://mma.prnewswire.com/media/1891783/JL_Coquet_Logo.jpg
Photo - https://mma.prnewswire.com/media/1891784/JLC_Rolling_Stones.jpg
Media Contact: eshop@jlcoquet.com
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SOURCE J.L Coquet | https://www.wibw.com/prnewswire/2022/09/08/jl-coquet-celebrates-60-years-rolling-stones-with-set-limited-edition-limoges-porcelain-wall-plates/ | 2022-09-08T12:37:22Z |
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Local Events | https://cw33.com/hill-politics/ | 2022-08-16T01:56:43Z |
SYDNEY, June 1, 2022 /PRNewswire/ -- Immutable X, the leading Layer 2 (L2) Ethereum scaling solution for NFTs, is excited to confirm that Illuvium's highly anticipated Universe Land Sale will take place on 2 June 2022. By partnering with Immutable X as its exclusive protocol of choice, Illuvium is delivering the next generation of blockchain gaming: a AAA game with true digital ownership, near-instant and carbon neutral transactions, all completely gas-free on L2.
Illuvium, often touted as the first AAA game on the Ethereum blockchain, is an open-world exploration, monster collector, and autobattler game, releasing on PC and Mac in 2022. Players will explore the open world to hunt and capture Illuvials - powerful creatures who rule the land. These Illuvials can be trained and fused to create the ultimate team in PvE and PvP battles. By building on the Ethereum blockchain, Illuvium is bringing its players a level of true ownership and interoperability of their digital assets never before possible in mainstream gaming.
Land in Illuvium allows owners to extract fuel, a critical element for catching and upgrading Illuvials, by building a virtual industrial complex in Illuvium Zero - the desktop and mobile partner game to Illuvium. There will be a total of 20,000 land plots available for sale, which will be minted with zero gas fees to Immutable X. As all in-game assets are blockchain tokens on Immutable X, players are also able to sell fuel or other items on the IlluviDex marketplace in the near future, rewarding them for their effort and investment.
Powered by StarkWare's cutting-edge zk-rollup technology and Immutable's deep knowledge of blockchain gaming, Immutable X will enable massive scalability for Illuvium. Players can discover and trade in-game assets near-instantaneously, totally gas-free and 100% carbon neutral, while having their assets secured by the native security of the Ethereum blockchain. By partnering with Immutable X, Illuvium is able to bring true ownership and a seamless experience to its players in the long term, bringing an AAA gaming experience to blockchain and mainstream gamers alike.
The Illuvium Universe Land Sale will start on 2 June 2022 at 0900 UTC. For more information, visit the Illuvium and Immutable X via the links below.
Illuvium is an open-world exploration, monster collector, and autobattler game built on the Ethereum Blockchain, releasing on PC and Mac in 2022. Play-to-earn in an AAA sci-fi adventure and conquer the wilderness to help your crash-landed Ranger flourish
Race across crystal labyrinths, toxic deserts, and windswept mountain summits. Quest to uncover the cause of the cataclysm that shattered Illuvium. Hunt and capture Illuvials, powerful creatures who rule the land. Train and fuse your Illuvials into powerful evolutions. Build your ultimate Illuvial team to take into battles and tournaments in PvE and PvP Arenas. As you discover the capabilities of the Illuvials you collect, use your creativity to build unique synergies to outsmart your opponents. Hit a winning streak as you best other hunters to become the strongest Ranger on this planet.
Illuvium's collectible NFT games feature crypto token assets with functionality and a gaming use case, interoperable across the Illuvium universe and the larger DeFi metaverse. The decentralized NFT collection offers players a user-maintained custody never before possible in mainstream gaming.
Website: https://www.illuvium.io/
Twitter: https://twitter.com/illuviumio
Discord: https://discord.com/invite/illuvium
Immutable X is the leading Layer 2 scaling solution for NFTs to enable gas-free minting and trading, while not compromising the security of the most used blockchain globally for NFTs, Ethereum. The solution, powered by StarkWare's innovative technology, offers instant trade confirmation, massive scalability (up to 9,000 transactions per second), and fantastic developer and user experience. Immutable X has announced integrations with established marketplaces such as OpenSea and Mintable, and is powering some of the largest NFT plays across consumer apps (TikTok), DeFi (SuperFarm), and gaming (GameStop, Highrise, ESL Gaming, Ember Sword, Planet Quest, Gods Unchained, Guild of Guardians, GreenPark Sports, Illuvium, MyCryptoHeroes+).
To learn more, visit: https://www.immutable.com
Twitter: https://twitter.com/Immutable
Discord: https://discord.com/invite/immutablex
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SOURCE Immutable X | https://www.mysuncoast.com/prnewswire/2022/06/01/illuvium-universe-land-sale-starts-2-june-gas-free-protocol-immutable-x/ | 2022-06-01T12:31:18Z |
NEW DELHI, Aug. 8, 2022 /PRNewswire/ -- HFCL Limited announced today, that it has entered into an agreement with Qualcomm Technologies, Inc. for HFCL's design and development of 5G millimeter wave (mmWave) FWA (Fixed Wireless Access) CPE (Customer Premise Equipment) products. In continuation with its 5G product strategy, HFCL is expanding its 5G product portfolio by launching product development of 5G mmWave FWA CPE products for India and global markets.
FWA helps operators with a cost-effective way to deliver fiber-like internet speeds wirelessly over 5G networks. It will enable new business opportunities for mobile operators by allowing them to offer fixed internet broadband services to consumers and enterprises using their 5G network infrastructure. HFCL's 5G mmWave FWA product portfolio aims to bridge the digital divide and will also enable telcos to successfully deliver broadband internet services in rural, suburban and dense urban areas.
HFCL's 5G mmWave FWA CPE products will support multiple spectrum bands required for the global markets. HFCL's FWA CPE products will leverage some of the advanced features of the Qualcomm® 5G Fixed Wireless Access Platform Gen 2 featuring Snapdragon® X65 5G Modem-RF System like extended-range, carrier aggregation and Qualcomm® Dynamic Antenna Steering to deliver a superior customer experience.
"Qualcomm Technologies is a recognized world leader in 5G technology and we are very pleased with this collaboration with Qualcomm Technologies, which also aligns with our commitment to bridge the digital divide globally. FWA CPE will help strengthen HFCL's evolving 5G product portfolio and help create new revenue streams for our customers. It also aligns with our strategy to bring new products, to new customers, and to newer geographies," said Mahendra Nahata, Managing Director, HFCL.
"We are excited that HFCL selected the Qualcomm® 5G Fixed Wireless Access Platform Gen 2 to incorporate in its 5G mmWave FWA CPE products, further supporting the digital transformation of India by developing a suite of 5G infrastructure products. Qualcomm Technologies is committed to powering innovations and supporting India's participation as a supplier of advanced 5G infrastructure products both to India and globally. We strongly believe that 5G mmWave fixed wireless access technology will help connect the unconnected and also offer wireless fiber connectivity to Indian consumers," said Rajen Vagadia, Vice President, Qualcomm India Private Limited and President, Qualcomm India & SAARC.
Global technology intelligence firm ABI Research forecasts worldwide 5G FWA market will increase from 6 million CPE units per year in 2022 to more than 26 million per year in 2026.
About HFCL
HFCL Limited is a leading technology enterprise engaged in manufacturing of high-end Transmission and Access Equipment, Optical Fiber, Optical Fiber Cables (OFC) and is specialized in setting up modern communication network for Telecom Service Providers, Railways and Defence.
The Company has state-of-the-art Optical Fiber and Optical Fiber Cable manufacturing plants at Hyderabad, Optical Fiber Cable manufacturing plant in Goa and in its subsidiary i.e. HTL Limited at Chennai along with FRP and ARP Rod manufacturing plant in its subsidiary at Hosur.
The Company's in-house Centre for Excellence in Research located at Gurgaon & Bengaluru along with invested R&D Houses and other collaborators at different locations in India and abroad, innovate futuristic range of technology products and solutions. Some of the newly developed products through R&D are Wi-Fi Systems, Unlicensed Band Radios, Switches, Electronic Fuses, Electro-optic devices, and Video Management Systems. There is a suite of products under development, which include Software Defined Radios, Routers, PON, 5G Transport and Radio products, Wi-Fi 7 access points, Point-to-multipoint Radios and Ground Surveillance Radars among others.
Visit www.hfcl.com for more information.
Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated.
Qualcomm 5G Fixed Wireless Access Platform, Qualcomm Dynamic Antenna Steering and Snapdragon are products of Qualcomm Technologies, Inc. and/or its subsidiaries.
Media Contact:
Manoj Baid
manoj.baid@hfcl.com
HFCL Limited
Amit Agarwal
amit.agarwal@hfcl.com
HFCL Limited
Poonam Saney Makhija
poonam.saney@adfactorspr.com
Adfactors PR
Shivangi Sinha
shivangi.sinha@adfactorspr.com
Adfactors PR
Vasundhra Sethi
vasundhra.sethi@adfactorspr.com
Adfactors PR
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SOURCE HFCL Limited | https://www.wibw.com/prnewswire/2022/08/08/hfcl-collaborates-with-qualcomm-5g-millimeter-wave-fwa-fixed-wireless-access-product-development/ | 2022-08-08T13:51:27Z |
Workers Triumph Over Attempted Union Busting
MADERA, Calif., Sept. 14, 2022 /PRNewswire/ -- Workers at Nutrablend, a subsidiary of Land of Lakes, have voted by more than a two-to-one margin to join Teamsters Local 517. The 67 workers are responsible for the production of animal feed.
"These workers stood strong in the face of a nasty anti-union campaign because they knew that Land of Lakes was making promises that they weren't going to fulfill," said Greg Landers, Local 517 Secretary-Treasurer. "We're looking forward to negotiating a contract that addresses the issues that they care about the most – ending favoritism, annual wage increases, improved health care and retirement benefits, protection against unjust retaliation, and more."
"This is an important victory in the ongoing fight to bring strong wages, a voice on the job and the benefits on middle class prosperity to all workers in the food supply chain," said Peter Finn, Teamsters Food Processing Division Director. "We're looking forward to negotiating a contract that reflects how valuable these men and women are to both their industry and their communities."
Teamsters Local 517 represents workers in a wide variety of industries throughout California's Central Valley. For more information go to https://www.teamsterslocal517.com/.
Contact:
Matt McQuaid, (202) 624-6877
mmcquaid@teamster.org
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SOURCE Teamsters Local 517 | https://www.kxii.com/prnewswire/2022/09/14/nutrablend-workers-join-teamsters-local-517/ | 2022-09-14T17:36:40Z |
LEHIGH VALLEY, Pa., July 15, 2022 /PRNewswire/ -- The Board of Directors of Air Products (NYSE: APD) today declared a quarterly dividend of $1.62 per share of common stock. The dividend is payable on November 14, 2022 to shareholders of record at the close of business on October 3, 2022.
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low- and zero-carbon hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of about $55 billion. More than 20,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
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SOURCE Air Products | https://www.wibw.com/prnewswire/2022/07/15/air-products-declares-quarterly-dividend/ | 2022-07-15T15:04:42Z |
DALLAS (KDAF) — Which autograph would you rather have, Luka Doncic’s or Dirk Nowitzki’s?
The Mavericks’ greatest of all time (or GOAT), Dirk Nowitzki, says that some of his German friends have already made their pick… and it’s not what you’d assume.
“Germans friends that come visit always buy jerseys. I say: hold on let me get a sharpie and they say: oh no. That’s ok. This is actually Luka’s. Do you mind getting it signed…” Dirk said in a tweet Tuesday afternoon.
Why can’t we want both? | https://cw33.com/news/local/dirk-or-luka-mavericks-goat-tweet-friends-want-lukas-autograph-over-his/ | 2022-04-12T22:03:25Z |
WASHINGTON, April 18, 2022 /PRNewswire/ -- While drug overdose deaths reached an all-time high in 2021, opioid prescribing by physicians and clinicians dropped significantly in emergency departments that prioritized personalized feedback between peers, according to a new analysis in Annals of Emergency Medicine.
From January 2019 to July 2021, opioid prescribing dropped 35% among physicians and 41% among nurse practitioners and physician assistants, according to the analysis of care teams from one physician group spanning 102 emergency departments in 17 states.
"The impact of peer-to-peer feedback on opioid prescribing was immediate and profound," said Jesse Pines, MD, MBA, FACEP, national director of clinical innovation at US Acute Care Solutions, professor of emergency medicine at Drexel University and the study's senior author. "Emergency physicians are leading efforts to evolve the culture of prescribing. Sometimes, all it takes to bring about meaningful change is a data-driven conversation that details the evidence behind the many non-opioid options that can achieve similar or even better pain control."
The study, "Opioid Prescription Reduction After Implementation of a Feedback Program in a National Subset of Emergency Departments," appearing in the May edition of Annals of Emergency Medicine is the largest known analysis of emergency clinician prescribing interventions to date. The authors assessed the impact of conversations between clinicians and site directors about prescribing rationale and patterns, education on using alternatives to opioids whenever feasible, and the use of a prescription drug management program. Each conversation was personalized and informed by national data gathered by the participating clinicians' staffing group.
Decreases in opioid prescribing were evident across the most common diagnoses, according to the study. Opioid prescribing for injury or poisoning decreased 15% while prescribing for symptoms of illness dropped 25%, as did prescribing for respiratory disease (40%), infection or parasite (54%), blood circulation issues (36%), and endocrine or nutritional issues (28%).
Although emergency departments are not a significant source of opioid prescriptions overall, emergency physicians continue to lead programs that reduce opioid prescribing and can be adapted by other health care professionals.
"This research gives clinicians and administrators a promising model for limiting opioid prescribing in a variety of different ED settings," said the study's lead author Jonathan Oskvarek, MD, MBA, emergency physician and innovation fellow at US Acute Care Solutions. "Emergency physicians are setting a strong example for prescribers by prioritizing alternatives to opioids when appropriate, a choice that goes a long way toward preventing opioid overdoses."
Annals of Emergency Medicine is one of the peer-reviewed scientific journals for the American College of Emergency Physicians (ACEP), the national medical society representing emergency medicine. Annals of Emergency Medicine is the largest and most frequently cited circulation peer-reviewed journal in emergency medicine and publishes original research, clinical reports, opinion, and educational information related to the practice, teaching, and research of emergency medicine.
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SOURCE American College of Emergency Physicians (ACEP) | https://www.wibw.com/prnewswire/2022/04/18/personalized-feedback-can-reduce-opioid-prescribing-rates-new-study-shows/ | 2022-04-18T18:24:37Z |
LONDON (AP) — Candidates to replace Boris Johnson as Britain’s prime minister are scattering tax-cutting promises to their Conservative Party electorate, as party officials prepare Monday to quickly narrow the crowded field of almost a dozen candidates.
Little-known junior minister Rehman Chishti became the 11th candidate to declare he wants to succeed Johnson, who quit as party leader on Thursday amid a party revolt triggered by months of ethics scandals. Other contenders include Foreign Secretary Liz Truss, Treasury chief Nadhim Zahawi, former health secretaries Sajid Javid and Jeremy Hunt, and backbench lawmakers Tom Tugendhat and Kemi Badenoch.
The new leader will be chosen in a two-stage election, in which the 358 Conservative lawmakers reduce the race to two candidates through a series of elimination votes. The final pair will be put to a postal ballot of all party members across the country. Under Britain’s parliamentary system the next party leader will automatically become prime minister without the need for a general election.
The party’s 1922 Committee, which runs leadership contests, is set to elect a new executive on Monday, which will lay out rules for the contest. The committee wants to complete the parliamentary stage of the election by the time lawmakers break for the summer on July 21. That would mean a summer second round with a new leader in place by the time the House of Commons returns on Sept. 5.
One key decision by the committee will be how many nominations a candidate will need to get onto the first ballot. At the last leadership contest in 2019 it was eight, but the threshold is expected to be 20 or more this time — a move that could eliminate some contenders immediately.
Many Conservatives are wary of leaving Johnson in office for too long, concerned a lame-duck leader is the last thing the country needs with war raging in Ukraine, food and energy price increases driving inflation to levels not seen in decades, and growing labor unrest. Some also worry Johnson — brought down by scandals over money, rule-breaking and his handling of sexual misconduct allegations against lawmakers — could do mischief even as a caretaker prime minister.
In the wide-open leadership contest, contenders are striving to set themselves apart from the perceived front-runner, former Treasury chief Rishi Sunak, who so far has the backing of more than three dozen lawmakers.
Many have repudiated tax increases Sunak introduced to shore up U.K. finances battered by the coronavirus pandemic and Brexit — a 1.25% income-tax rise for millions of workers, and an increase in corporation tax next year from 19% to 25%. Most candidates say they will scrap one or both.
“I want to cut all taxes,” said Hunt, who pledged to slash corporation tax to 15%. “The Treasury’s own numbers say that you’ll get half the money back that you invest in cutting corporation tax because of increased business activity.”
Truss said she would start cutting taxes “from day one,” and Tugendhat said he would “lower taxes across every aspect of society.”
Sunak, whose resignation on Tuesday helped topple Johnson, has cast himself as the candidate of fiscal probity, and warned rivals not to tell the public “comforting fairy-tales” that will make the country worse off in the long run.
The candidates are trying to distance themselves from the mire of drift, disorganization and rule-breaking that sank Johnson — though most of them have served in his government, and some still do.
The candidates are seeking to appeal to an electorate of about 180,000 Conservative members that, in many ways, doesn’t represent the country as a whole: It’s older, whiter and more affluent, and much more strongly in favor of Brexit, the country’s departure from the European Union.
None has so far renounced Johnson’s most contentious policies: Legislation to rip up parts of its Brexit deal with the EU, and a plan to send some asylum-seekers arriving in Britain to Rwanda that is being challenged in the courts.
The party battle has already turned fractious, with rivals criticizing Sunak’s record as finance minister, and Zahawi, the current Treasury chief, fending off claims he is being investigated over his tax affairs.
Zahawi said he was being “smeared” and said he was unaware of any investigation by the tax office or other bodies.
Oddsmakers say Sunak is likely to be one of the final two contenders, but the race is highly unpredictable. Both Tugendhat, a former soldier on the party’s center-left, and right-wing rising star Badenoch have secured big-name support and could surprise more experienced rivals.
Johnson clung to power for months despite accusations that he was too close to party donors, that he protected supporters from bullying and corruption allegations, and that he misled Parliament about government office parties that broke COVID-19 lockdown rules.
He was fined by police for attending one of the parties, but went on to survive a no-confidence vote last month in Parliament, even though 41% of Conservative lawmakers tried to oust him.
But Johnson was brought down by one scandal too many — this one involving his appointment of a politician who had been accused of sexual misconduct.
___
Follow all of AP’s coverage of Prime Minister Boris Johnson and British politics at https://apnews.com/hub/boris-johnson | https://cw33.com/news/international/ap-international/uk-conservatives-jostle-in-crowded-testy-leadership-race/ | 2022-07-11T14:20:56Z |
Adult patients with active psoriatic arthritis experienced persistent multi-domain efficacy and a safety profile consistent with that seen in plaque psoriasis
Further analyses show TREMFYA provided sustained improvements across measures of health-related quality of life
SPRING HOUSE, Pa., June 1, 2022 /PRNewswire/ -- The Janssen Pharmaceutical Companies of Johnson & Johnson today announced new data from Phase 3 studies demonstrating patients treated with TREMFYA® (guselkumab) achieved consistent, long-term efficacy through two years across the domains of active psoriatic arthritis (PsA) – including joint, skin, enthesitis,a dactylitis,b spinal pain and disease severityc endpoints – irrespective of baseline characteristics.1 Further analyses showed TREMFYA also provided patients with sustained improvements in measures of health-related quality of life (HRQoL), including fatigue, pain and work productivity.2-5 These new data from the DISCOVER-1, DISCOVER-2, and COSMOS studies are among 38 abstracts Janssen is presenting during the 2022 Annual European Congress for Rheumatology (EULAR) meeting taking place virtually and in-person in Copenhagen on June 1-4, 2022. TREMFYA is the first and only fully human selective interleukin (IL)-23 inhibitor therapy approved in the U.S. for adults with moderate to severe plaque psoriasis (PsO) and adults with active psoriatic arthritis.6
"Psoriatic arthritis is a complex disease, with a range of joint, skin, and axial symptoms. Patients need long-lasting therapies that can provide efficacy across these varied challenges," said presenting study author Philip Mease, M.D., Swedish Medical Center/Providence St. Joseph Health and University of Washington in Seattle, Washington.d "These new data reinforce previous research showing the durable efficacy of TREMFYA and demonstrate its effect on health-related quality of life, which is important for patients facing the debilitating effects of psoriatic arthritis in their everyday lives."
The data presented at EULAR show:
Durable Efficacy Across Joint and Axial Symptoms
- TREMFYA-treated patients in DISCOVER-2 achieved consistent, long-term efficacy across domains of active PsA (joint, skin, enthesitis, dactylitis, spinal pain and disease severity endpoints) irrespective of baseline characteristics (POS0072).1
- Data from the COSMOS study show complete resolution of dactylitis was achieved in ≥80% of patients who continued to receive TREMFYA at week 48 (AB0898).9 COSMOS investigated patients who had demonstrated inadequate response to tumor necrosis factor inhibition (TNFi-IR), who tend to have more difficult-to-treat manifestations of active PsA.9
- Substantial proportions of TREMFYA-treated patients in DISCOVER-2 also maintained resolution of dactylitis and enthesitis through two years (POS1028).10 Among those with the condition at baseline, resolution rates of dactylitis and enthesitis were observed at 64 and 54 percent, respectively, at week 24 among patients treated every 8 weeks (q8w) with TREMFYA.10 These rates increased through week 52 (78 percent and 61 percent, respectively) and were maintained at week 100 (83 percent and 70 percent, respectively, among q8w).10
- Patients with imaging-confirmed sacroiliitish who received TREMFYA maintained improvements in symptoms of axial involvement through two years (POS1037).11
Low Rates of Radiographic Progression
- For TREMFYA-treated patients in DISCOVER-2, mean changes in radiographic scores indicated low rates of radiographic progression through two years, showing the impact of reducing the progression of structural damage caused by active PsA (POS1035).12,i Radiographic progression is a measure of the structural damage caused by active PsA over time.13
- A further analysis showed earlier clinical response to TREMFYA predicts low rates of radiographic progression through two years in biologic-naïve active PsA patients (POS1031).14
Established Safety Profile
- Pooled data from four Phase 2 and Phase 3 clinical trials showed the safety profile for TREMFYA was consistent across patients with active PsA who were biologic-naïve and those who were TNFi-experienced (POS1015).15
- A further study identified no new safety concerns through two years of TREMFYA treatment in active PsA and through five years in plaque PsO, supporting a consistent safety profile across patients with active PsA and moderate to severe plaque PsO (AB0892).16
Improvements in Fatigue, Pain, and Work Productivity
- Data from the DISCOVER and VOYAGE-2 studies show patients receiving TREMFYA achieved clinically meaningful improvements in fatigue compared with placebo at week 16 in plaque PsO and week 24 in active PsA, as measured by the 36-item Short Form (SF-36) Vitality Scale (AB0893).17
- In addition, analyses of DISCOVER-1 and DISCOVER-2 demonstrated TREMFYA provided consistent and durable improvements in pain, with greater improvements relative to placebo (POS1070).4 Substantial proportions of TREMFYA-treated patients reported meaningful improvement in pain at early time points, with 48 percent achieving ≥20 percent improvement at week 8, and 33 percent achieving ≥50 percent improvement at week 16.4
- Finally, data from DISCOVER-2 show TREMFYA provided patients with active PsA with sustained improvements in self-reported HRQoLj and work productivity (WP) through two years (AB0881, AB0888).2,5 The robust improvements in WP and daily activity seen at week 24 were maintained and increased through this time period.5
"We know that the challenging and underestimated symptoms of active psoriatic arthritis can impact patients' ability to perform daily tasks and their overall quality of life," said Terence Rooney, M.D., Ph.D., Vice President, Rheumatology and Maternal Fetal Disease Area, Janssen Research & Development, LLC. "These robust TREMFYA data help us provide more options for patients living with active psoriatic arthritis."
At EULAR, Janssen will also present several abstracts on its investigational, autoantibody pathway targeted compound nipocalimab, a fully human anti-neonatal Fc receptor (FcRn) monoclonal antibody. Presentations include the design of a Phase 2/3 clinical study (NCT04119050) in warm autoimmune hemolytic anemia (wAIHA), a rare chronic/relapsing autoimmune disorder in which a patient's own immune cells produce disease-causing immunoglobulin G (IgG) autoantibodies that are involved in the premature destruction of red blood cells (hemolysis), as well as the disease burden of wAIHA (AB1289, POS1428).18-20 In addition, a study evaluating the biodistribution of nipocalimab in humanized neonatal Fc receptor (huFcRn) transgenic mice models will be presented (AB0081).21 Janssen continues to innovate in the field of immunology to address unmet needs and advance care for patients.
Editor's Notes:
- Enthesitis is defined as inflammation where tendons and ligaments meet bone. It is associated with certain kinds of arthritis, including active PsA.22
- Dactylitis involves the swelling of fingers or toes and is strongly associated with active PsA.23
- Disease severity was measured through change in the following endpoints: Disease Activity in PsA (DAPSA), swollen joint count (SJC), tender joint count (TJC), Psoriasis Area Severity Index (PASI) score (among patients with baseline Investigator's Global Assessment [IGA] score of ≥2 and body surface area with PsO ≥ 3 percent), Leeds enthesitis index score (among patients with enthesitis at baseline), dactylitis score (among patients with dactylitis at baseline), spinal pain score (among patients with imaging-confirmed sacroiliitis), and Psoriatic Arthritis Disease Activity Score (PASDAS).1
- Dr. Mease is a paid consultant for Janssen. He has not been compensated for any media work.
- GRAPPA guidelines recommend that PsA therapies achieve the lowest possible disease activity across six key domains (peripheral arthritis, skin, dactylitis, enthesitis, axial disease, nails [evaluated in VOYAGE 1 & 2]) and related conditions.7
- MDA is defined by fulfillment of 5/7 criteria: TJC ≤1, SJC ≤1, PASI score ≤1, patient pain score ≤15, patient global disease activity score ≤20, Health Assessment Questionnaire–Disability Index (HAQ-DI) score ≤0.5, and ≤1 tender entheses.8
- DAPSA is calculated using TJC and SJC scores, patient's global and pain scores, and the C‐reactive protein (CRP) level. A DAPSA score of ≤14 represents a state of low disease activity (DAPSA‐LDA), while a score of ≤4 represents remission (DAPSA‐REM). In contrast with MDA, DAPSA mainly measures articular involvement.24
- Sacroiliitis is inflammation of the joints where the spine and pelvis connect.25
- TREMFYA is not approved in the U.S. for inhibition of structural damage.
- HRQoL was assessed using the patient-reported EuroQoL-5 Dimension-5 Level (EQ-5D-5L) questionnaire index and EuroQol Visual Analog Scale (EQ-VAS) that allow patients to provide a global assessment of their HRQoL. The EQ-5D-5L index assesses mobility, self-care, usual activities, pain/discomfort, and anxiety/depression. The EQ-VAS assesses patient health state on a scale of 0-100, with higher scores indicating better health.2
About DISCOVER-1 (NCT03162796)26
DISCOVER-1 was a randomized, double-blind, multicenter Phase 3 study evaluating the efficacy and safety of TREMFYA administered by subcutaneous (SC) injection in participants with active PsA, including those previously treated with one or two TNF inhibitors. DISCOVER-1 evaluated 381 participants who were treated and followed through approximately one year. The primary endpoint was response of ACR20 at week 24 and primary endpoint data were previously presented at scientific congresses and published in The Lancet.27 In addition to ACR20, multiple other clinical outcomes were assessed, including ACR50/70, resolution of soft tissue inflammation, enthesitis and dactylitis, improvement in physical function, skin clearance (IGA), and general health outcomes (36-Item Short-Form Health Survey [SF-36] Physical Component Summary [PCS] and Mental Component Summary [MCS]).
The study consisted of a screening phase of up to six weeks, a blinded treatment phase of 52 weeks that included a placebo-controlled period from week 0 to week 24 and a blinded active treatment period from week 24 to week 52. It also included a safety follow-up phase through week 60 (i.e., approximately 12 weeks from the last administration of study agent at week 48). Efficacy, safety, pharmacokinetic, immunogenicity and biomarker evaluations were performed in the study on a defined schedule.
About DISCOVER-2 (NCT03158285)28
DISCOVER-2 is a randomized, double-blind, multicenter Phase 3 study evaluating the efficacy and safety of TREMFYA administered by SC injection in biologic-naïve patients with active PsA. DISCOVER-2 evaluated 739 participants who were treated and followed through approximately two years. The primary endpoint was response of ACR20 at week 24 and primary endpoint data were previously presented at scientific congresses and published in The Lancet.29 In addition to ACR20, multiple other clinical outcomes were assessed, including ACR50/70; resolution of soft tissue inflammation, enthesitis and dactylitis; improvement in physical function; skin clearance (IGA); and general health outcomes (SF-36 PCS and MCS). DISCOVER-2 also assessed changes in structural damage as a key secondary endpoint (PsA- modified vdH-S score).
The study consisted of a screening phase of up to six weeks, a blinded treatment phase of approximately 100 weeks that included a placebo-controlled period from week 0 to week 24 and a blinded active treatment period from week 24 to week 100. It also included a safety follow-up phase through week 112 (i.e., approximately 12 weeks after the last administration of study agent at week 100). Clinical efficacy, radiographic efficacy, health economics, safety, pharmacokinetics, immunogenicity, biomarker, and pharmacogenomics evaluations were performed in the study on a defined schedule.
About COSMOS (NCT03796858)30
COSMOS was a Phase 3b, multicenter, randomized, double-blind, placebo- controlled study to evaluate the safety and efficacy of TREMFYA in 285 patients with active PsA and IR to TNFi therapy. The primary endpoint was ACR20 response at week 24. Participants were randomized (2:1) to receive TREMFYA 100 mg at weeks 0, 4 and q8w thereafter, or placebo. The study included two periods: a 24-week double-blind, placebo-controlled period for the primary analysis of the efficacy and safety of TREMFYA compared with placebo and a 32-week active-treatment and safety follow-up period for additional analysis of the efficacy and safety of TREMFYA. Through week 48, non-responder imputation (NRI) rules were used for missing data (after the application of treatment failure rules [TFR]). Safety was monitored throughout the study to week 56.
About Psoriatic Arthritis (PsA)
PsA is a chronic, immune-mediated inflammatory disease characterized by peripheral joint inflammation, enthesitis (pain where the bone, tendon and ligament meet), dactylitis (severe inflammation of the fingers and toes), axial disease, and the skin lesions associated with plaque PsO.22, 23, 31 In addition, in patients with PsA, comorbidities such as obesity, cardiovascular diseases, anxiety and depression are often present.32 Studies show up to 30 percent of people with plaque PsO also develop PsA.33 The disease causes pain, stiffness and swelling in and around the joints; it commonly appears between the ages of 30 and 50, but can develop at any age.34 Nearly half of patients with PsA experience moderate fatigue and about 30 percent suffer from severe fatigue as measured by the modified fatigue severity scale.34 Although the exact cause of PsA is unknown, genes, the immune system and environmental factors are all believed to play a role in disease onset.35
About TREMFYA® (guselkumab)6
Developed by Janssen, TREMFYA is the first approved fully human monoclonal antibody that selectively binds to the p19 subunit of IL-23 and inhibits its interaction with the IL-23 receptor. IL-23 is an important driver of the pathogenesis of inflammatory diseases such as moderate to severe plaque PsO and active PsA. TREMFYA is approved in the U.S., Canada, Japan, and a number of other countries worldwide for the treatment of adults with moderate to severe plaque PsO who are candidates for injections or pills (systemic therapy) or phototherapy (treatment using ultraviolet light), and for the treatment of adult patients with active PsA. It is also approved in the EU for the treatment of moderate to severe plaque PsO in adults who are candidates for systemic therapy and for the treatment of active PsA in adult patients who have had an inadequate response or who have been intolerant to a prior disease-modifying antirheumatic drug therapy. TREMFYA is being investigated in Phase 3 clinical trials in both adults with moderately to severely active Crohn's disease (NCT03466411) and adults with moderately to severely active ulcerative colitis (NCT04033445).
The Janssen Pharmaceutical Companies of Johnson & Johnson maintain exclusive worldwide marketing rights to TREMFYA®.
IMPORTANT SAFETY INFORMATION
What is the most important information I should know about TREMFYA®?
TREMFYA® is a prescription medicine that may cause serious side effects, including:
- Serious Allergic Reactions. Stop using TREMFYA® and get emergency medical help right away if you develop any of the following symptoms of a serious allergic reaction:
- Infections. TREMFYA® may lower the ability of your immune system to fight infections and may increase your risk of infections. Your healthcare provider should check you for infections and tuberculosis (TB) before starting treatment with TREMFYA® and may treat you for TB before you begin treatment with TREMFYA® if you have a history of TB or have active TB. Your healthcare provider should watch you closely for signs and symptoms of TB during and after treatment with TREMFYA®.
Tell your healthcare provider right away if you have an infection or have symptoms of an infection, including:
Do not take TREMFYA® if you have had a serious allergic reaction to guselkumab or any of the ingredients in TREMFYA®.
Before using TREMFYA®, tell your healthcare provider about all of your medical conditions, including if you:
- have any of the conditions or symptoms listed in the section "What is the most important information I should know about TREMFYA®?"
- have an infection that does not go away or that keeps coming back.
- have TB or have been in close contact with someone with TB.
- have recently received or are scheduled to receive an immunization (vaccine). You should avoid receiving live vaccines during treatment with TREMFYA®.
- are pregnant or plan to become pregnant. It is not known if TREMFYA® can harm your unborn baby.
- are breastfeeding or plan to breastfeed. It is not known if TREMFYA® passes into your breast milk.
Tell your healthcare provider about all the medicines you take, including prescription and over-the-counter medicines, vitamins, and herbal supplements.
What are the possible side effects of TREMFYA®?
TREMFYA® may cause serious side effects. See "What is the most important information I should know about TREMFYA®?"
The most common side effects of TREMFYA® include: upper respiratory infections, headache, injection site reactions, joint pain (arthralgia), diarrhea, stomach flu (gastroenteritis), fungal skin infections, herpes simplex infections, and bronchitis.
These are not all the possible side effects of TREMFYA®. Call your doctor for medical advice about side effects.
Use TREMFYA® exactly as your healthcare provider tells you to use it.
Please read the full Prescribing Information, including Medication Guide for TREMFYA®, and discuss any questions that you have with your doctor.
You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch, or call 1-800-FDA-1088.
cp-82626v3
About the Janssen Pharmaceutical Companies of Johnson & Johnson
At Janssen, we're creating a future where disease is a thing of the past. We're the Pharmaceutical Companies of Johnson & Johnson, working tirelessly to make that future a reality for patients everywhere by fighting sickness with science, improving access with ingenuity, and healing hopelessness with heart. We focus on areas of medicine where we can make the biggest difference: Cardiovascular, Metabolism & Retina; Immunology; Infectious Diseases & Vaccines; Neuroscience; Oncology; and Pulmonary Hypertension.
Learn more at www.janssen.com. Follow us at www.twitter.com/JanssenGlobal.
Janssen Research & Development, LLC is a part of the Janssen Pharmaceutical Companies of Johnson & Johnson.
Cautions Concerning Forward-Looking Statements
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding TREMFYA® (guselkumab) product development. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Janssen Research & Development, LLC, any of the other Janssen Pharmaceutical Companies and/or Johnson & Johnson. Risks and uncertainties include, but are not limited to: challenges and uncertainties inherent in product research and development, including the uncertainty of clinical success and of obtaining regulatory approvals; uncertainty of commercial success; manufacturing difficulties and delays; competition, including technological advances, new products and patents attained by competitors; challenges to patents; product efficacy or safety concerns resulting in product recalls or regulatory action; changes in behavior and spending patterns of purchasers of health care products and services; changes to applicable laws and regulations, including global health care reforms; and trends toward health care cost containment. A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 2, 2022, including in the sections captioned "Cautionary Note Regarding Forward-Looking Statements" and "Item 1A. Risk Factors," and in Johnson & Johnson's subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. None of the Janssen Pharmaceutical Companies nor Johnson & Johnson undertakes to update any forward-looking statement as a result of new information or future events or developments.
References
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- Curtis, J.R. et al. Guselkumab Provides Sustained Improvements in Health-Related Quality of Life in Patients With Active Psoriatic Arthritis Through 2 Years of DISCOVER-2. Presented at EULAR 2022, June 1-4. AB0881.
- Rahman, P. et al. Factors Associated With Fatigue and Its Improvement –A Principal Component Analysis of Patients With Active Psoriatic Arthritis from Guselkumab Phase 3 Trials. Presented at EULAR 2022, June 1-4. OP0025.
- Nash, P. et al. Baseline Determinants of Pain Response in Patients with Psoriatic Arthritis Receiving Treatment with Guselkumab. Presented at EULAR 2022, June 1-4. POS1070.
- Curtis, J.R. et al. Guselkumab Provides Sustained Improvements in Work Productivity and Daily Activity in Patients With Active Psoriatic Arthritis Through 2Years of DISCOVER-2. Presented at EULAR 2022, June 1-4. AB0888.
- Food and Drug Administration. TREMFYA® Prescribing Information. Horsham, PA. 2017. Available at: https://www.janssenlabels.com/package-insert/product-monograph/prescribing-information/TREMFYA-pi.pdf. Accessed May 2022.
- Coates, L.C. et al. Guselkumab Provides Continued Improvement in Key Domains of Psoriatic Arthritis Through 2 Years. Presented at EULAR 2022, June 1-4. POS1017.
- Coates, L.C. et al. Domains Contributing to Minimal Disease Activity Achievement in Patients With Psoriatic Arthritis Receiving Guselkumab. Presented at EULAR 2022, June 1-4. POS1067.
- Marzo-Ortega, H. et al. Guselkumab Improves Dactylitis In PsA Patients With Inadequate Response To TNFi: Data From The Phase 3b COSMOS Trial. Presented at EULAR 2022, June 1-4. AB0898.
- Rahman, P. et al. Guselkumab Maintains Resolution of Dactylitis and Enthesitis in Patients With Active Psoriatic Arthritis: Results Through 2 Years From a Phase 3 Study. Presented at EULAR 2022, June 1-4. POS1028.
- Mease, P.J. et al. Effect of Guselkumab, a Selective IL-23p19 Inhibitor, on Axial-Related Endpoints in Patients With Active PsA: Results from a Phase 3, Randomized, Double-Blind, Placebo-Controlled Study Through 2 Years. Presented at EULAR 2022, June 1-4. POS1037.
- Mease, P.J. et al. Low Rates of Radiographic Progression With 2 Years of Guselkumab, a Selective Inhibitor of the Interleukin-23p19 Subunit: Results from a Phase 3, Randomized, Double-Blind, Placebo-Controlled Study of Biologic-Naïve Patients with Active Psoriatic Arthritis. Presented at EULAR 2022, June 1-4. POS1035.
- van der Heijde, D. et al. Assessing structural damage progression in psoriatic arthritis and its role as an outcome in research. Arthritis Res Ther 22, 18 (2020). https://doi.org/10.1186/s13075-020-2103-8.
- Mease, P.J. et al. Earlier Clinical Response Predict Low Rates of Radiographic Progression in Bio-naive Active Psoriatic Arthritis Patients Receiving Guselkumab Treatment. Presented at EULAR 2022, June 1-4. POS1031.
- Rahman, P. et al. Safety of Guselkumab in Patients with Active Psoriatic Arthritis who are Bio-naïve or TNFi-experienced: Pooled Results From 4 Randomized Clinical Trials Through 2 Years. Presented at EULAR 2022, June 1-4. POS1015.
- Mease, P.J. et al. Targeted Safety Analyses of Guselkumab: Long-Term Results from Randomized Clinical Trials in Patients with Active Psoriatic Arthritis and Moderate to Severe Psoriasis. Presented at EULAR 2022, June 1-4. AB0892.
- Merola, J.F. et al. An Analysis of Fatigue in Patients With Psoriatic Disease Utilizing SF-36 Vitality Scores: Results Through Week 24 in Phase 3 Trials of Guselkumab in Patients With Psoriasis and Psoriatic Arthritis. Presented at EULAR 2022, June 1-4. AB0893.
- Naik, R. Warm autoimmune hemolytic anemia. Hematol Oncol Clin North Am. 2015 Jun;29(3):445-53. https://doi.org/10.1016/j.hoc.2015.01.001.
- McCrae, K.R. et al. Identification Of A Warm Autoimmune Hemolytic Anemia (wAIHA) Population Using Predictive Analytics Of A Known Clinically Profiled Cohort. Presented at EULAR 2022, June 1-4. POS1428.
- Murakhovskaya, I. et al. Study Design Of A Phase 2/3 Randomized, Double-Blind, Placebo-Controlled Study To Assess The Efficacy And Safety Of Nipocalimab, An FcRn Antagonist, In Warm Autoimmune Hemolytic Anemia (wAIHA). Presented at EULAR 2022, June 1-4. AB1289.
- Vermeulen, A. et al. Biodistribution of nipocalimab (anti-human FcRn antibody) in huFcRn transgenic mice. Presented at EULAR 2022, June 1-4. AB0081.
- Donvito T. CreakyJoints: What Is Enthesitis? The Painful Arthritis Symptom You Should Know About. Available at: https://creakyjoints.org/symptoms/what-is-enthesitis/. Accessed May 2022.
- Donvito T. CreakyJoints: What Is Dactylitis? The 'Sausage Finger' Swelling You Should Know About. Available at: https://creakyjoints.org/symptoms/what-is-dactylitis/. Accessed May 2022.
- Wervers, K. et al. Burden of Psoriatic Arthritis According to Different Definitions of Disease Activity: Comparing Minimal Disease Activity and the Disease Activity Index for Psoriatic Arthritis. Arthritis Care Res (Hoboken). 2018;70(12):1764-1770.
- Slobodin, G. et al. Sacroiliitis - early diagnosis is key. J Inflamm Res. 2018;11:339-344. Published 2018 Sep 10. https://doi.org/10.2147/JIR.S149494.
- ClinicalTrials.gov. A Study Evaluating the Efficacy and Safety of Guselkumab Administered Subcutaneously in Participants With Active Psoriatic Arthritis Including Those Previously Treated With Biologic Anti -Tumor Necrosis Factor (TNF) Alpha Agent(s) (DISCOVER 1). Identifier: NCT03162796. Available at: https://clinicaltrials.gov/ct2/show/NCT03162796.
- Deodhar, A. et al. Guselkumab in patients with active psoriatic arthritis who were biologic-naive or had previously received TNFα inhibitor treatment (DISCOVER-1): a double-blind, randomised, placebo-controlled phase 3 trial. The Lancet, 2020:395(10230), 1115–1125. https://doi.org/10.1016/s0140-6736(20)30265-8.
- ClinicalTrials.gov. A Study Evaluating the Efficacy and Safety of Guselkumab Administered Subcutaneously in Participants With Active Psoriatic Arthritis. Identifier: NCT03158285. Available at: https://clinicaltrials.gov/ct2/show/NCT03158285.
- Mease, P.J. et al Guselkumab in biologic-naive patients with active psoriatic arthritis (DISCOVER- 2): a double-blind, randomised, placebo-controlled phase 3 trial. The Lancet, 2020:395(10230), 1126–1136. https://doi.org/10.1016/s0140-6736(20)30263-4.
- Clinicaltrials.gov. A Study of Guselkumab in Participants With Active Psoriatic Arthritis and an Inadequate Response to Anti-Tumor Necrosis Factor Alpha (Anti-TNF Alpha) Therapy (COSMOS). Identifier: NCT03796858. Available at: https://clinicaltrials.gov/ct2/show/NCT03796858.
- Belasco, J. & Wei, N. Psoriatic Arthritis: What is Happening at the Joint? Rheumatology and Therapy, 2019: 6(3), 305–315. https://doi.org/10.1007/s40744-019-0159-1. Accessed May 2022.
- Haddad, A. & Zisman, D. Comorbidities in Patients with Psoriatic Arthritis. Rambam Maimonides Med J. 2017;8(1):e0004.
- National Psoriasis Foundation. About Psoriatic Arthritis. Available at: https://www.psoriasis.org/about-psoriatic-arthritis/. Accessed May 2022.
- Husted, J. A. et al. Occurrence and correlates of fatigue in psoriatic arthritis. Annals of the Rheumatic Diseases, 2008:68(10), 1553–1558. https://doi.org/10.1136/ard.2008.098202.
- Cassell, S. & Kavanaugh, A. Psoriatic arthritis: Pathogenesis and novel immunomodulatory approaches to treatment. Journal of Immune Based Therapies and Vaccines. 2005;3:6. https://jibtherapies.biomedcentral.com/articles/10.1186/1476-8518-3-6.
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SOURCE Janssen Pharmaceutical Companies of Johnson & Johnson | https://www.kxii.com/prnewswire/2022/06/01/new-data-show-patients-treated-with-first-in-class-tremfya-guselkumab-achieve-durable-efficacy-across-joint-axial-symptoms-active-psoriatic-arthritis-through-two-years/ | 2022-06-01T10:23:31Z |
DALLAS (KDAF) — North Texas is known for many things, sports, food, entertainment and more. However, there’s one thing you may have not known about some cities in the region, they’re among the best cities in the U.S. for single dads.
LawnStarter conducted a study to see which cities across the country do the very best in helping the single dads out there with all the responsibilities that come with being a single parent. “We compared the 200 biggest U.S. cities on 36 key indicators of an ideal environment for solo dads and their kids. Some examples include child care costs, public schools quality, and access to parks.”
North Texas has three cities in the top 12 for single dads: Frisco (No. 6), McKinney (No. 11) and Plano (No. 12). “If you want to spend regular quality time with the little ones, you might want to avoid Texas — except Frisco (No. 6), McKinney (No. 11), and Plano (No. 12).” These cities in the Lone Star State also cracked the top 100: Austin (No. 49), Amarillo (No. 57), Denton (No. 58), Irving (No. 91), Lubbock (No. 93) and Corpus Christi (No. 96).
Frisco was also tied at No. 1 for the highest quality public schools sharing it with Bellevue, WA, Arlington, VA, Naperville, IL and Overland Park, KS.
LawnStarter says, “It’s clear from our top 10 that ’burbs are best for single dads and their kids. Life tends to move at a slower pace in these sprawling, less populated cities, such as Naperville, Illinois (No. 1), Frisco, Texas (No. 6), and Irvine, California (No. 10).” | https://cw33.com/news/local/3-north-texas-cities-among-best-for-single-dads-in-2022-study-says/ | 2022-06-14T17:20:36Z |
Britney Spears has posted an open letter to her sons.
The Grammy winner took to Instagram on Thursday and responded to an interview her son, Jayden Federline, 15, gave for an upcoming British ITV documentary about the Federline family.
Britney Spears has posted an open letter to her sons.
The Grammy winner took to Instagram on Thursday and responded to an interview her son, Jayden Federline, 15, gave for an upcoming British ITV documentary about the Federline family.
The documentary has been previewed by the British newspaper the DailyMail, and an article about the interview was written by the filmmaker, Daphne Barak for the tabloid. Photos of the Federline family, including with their father, Kevin, and other family members are shown, including Spears' other son, Sean Preston, 16.
In the article, Barak writes,"They are both handsome, creative and curious about what life might offer them."
Jayden Federline reportedly said that despite choosing to not see his mother for several months, he hopes time will heal their family.
"I love you a lot," Jayden Federline said of his mother. "I hope for the best for you. Maybe one day we can sit down like this and talk again."
In Spears' post, she wrote, "I say to my son Jayden that I send all the love in the world to you every day for the rest of my life !!!! My love for my children has no boundaries."
Federline reportedly addressed the challenges both he and his older brother, who did not do an on-camera interview for the documentary, have felt in recent years.
"We've both been through so much pressure in the past that this is our safe place now, to process all the emotional trauma we've been through to heal, heal our mental state," Federline reportedly said in the documentary.
Spears seemed to respond to those specific comments in her post, writing, "It deeply saddens me to know his outcry of saying I wasn't up to his expectations of a mother."
Spears also took issue with her son defending their father, Kevin Federline, and her parents, Jamie and Lynne Spears.
Spears' Instagram post comes days after the star posted and then made private a 22-minute audio clip on YouTube in which she addressed her conservatorship and the alleged abuse she says she was put through by her family.
CNN has reached out to Spears' representatives for further comment.
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A receipt was sent to your email. | https://www.albanyherald.com/entertainment/britney-spears-responds-to-sons-comments/article_b5d84d47-2551-5cdc-8453-23a84ff8e7ae.html | 2022-09-03T00:15:12Z |
HERNDON, Va., Aug. 9, 2022 /PRNewswire/ -- Learning Tree International, a trusted global leader in skill development, training and certification, today announced the launch of the highly anticipated Certified CMMC 2.0 Professional (CCP) Course. It is the most comprehensive training course to date, designed to prepare and train individuals starting the Certified Cybersecurity Maturity Model Certification (CMMC) Assessor or Instructor career path, cybersecurity managers, consultants looking to provide CMMC guidance, and more than 350,000 organizations who supply products and services to the Department of Defense (DoD) industrial base.
This timely course addresses the needs of the Defense Industrial Base (DIB) community and a widened audience of Employees of Organizations Seeking CMMC Certification (OSCs). Under CMMC 2.0 guidelines, the DoD requires all defense contractors to be assessed and certified, and it is recommended that all organizations within the supply chain seek certification as soon as they are prepared to do so. Compliance with CMMC will make an impact on organizations within the DoD supply chain as early adopters will have a greater chance of being awarded contracts as soon as May 2023 and are less likely to lose DoD business when competing against late bloomers.
Learning Tree, the largest Authorized Training Partner and provider in the CMMC ecosystem, released the CCP Course with official CMMC training content, materials and fully accredited courseware.
"The CMMC certification process requires security skills and a comprehensive understanding of the assessment requirements," said David Brown, CEO of Learning Tree. "Many organizations are looking for guidance and assurance that they are taking the right steps to succeed. Our CMMC 2.0 training, assessment support, and consulting services position us to best serve organizations looking to minimize the burden of compliance."
In addition to being one of the first Licensed Training Providers (LTP) of the Cyber-AB (the Cybersecurity Maturity Model Certification Accreditation Body), Learning Tree is a Registered Provider Organization (RPO) with a core group of assessors and instructors who have gone through the Provisional Assessors (PA) program. This gives Learning Tree the ability to prepare cyber specialists for certification, provide consultations under the PA program, and deliver updated coaching solutions as CMMC thought leaders.
About Learning Tree International
Learning Tree International is a trusted learning partner to more than 65,000 organizations and 3 million professionals worldwide. Our approach to skills training and development reflects how learning is done today by delivering measurable results with maximal impact. With a dedicated effort to develop tomorrow's talent, we offer mission-critical training and certification solutions for leadership, cybersecurity, process and methodology, and the development of IT technical skills. Our vision is supported by a team of instructors and subject-matter experts with real-world experience, who help bring our extensive library of proprietary and partner content to life.
To learn more, call 1-888-THE-TREE (843-8733) or visit www.LearningTree.com
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SOURCE Learning Tree International | https://www.wibw.com/prnewswire/2022/08/09/learning-tree-offers-competitive-jump-start-dod-supply-chain-with-new-certified-cmmc-20-professional-course/ | 2022-08-09T17:25:03Z |
Kevin Hart Brings Craveable, Affordable and Sustainable Fast Food Alternative to Westchester
LOS ANGELES, Aug. 25, 2022 /PRNewswire/ -- Hart House, the plant-based quick service restaurant that is dedicated to the overall well-being of people and our planet, announced the grand opening of its first location today in the Westchester neighborhood of Los Angeles. Hart House is founded by American comedian, actor and entrepreneur, Kevin Hart, while being led by CEO, Andy Hooper and Head of Culinary Innovation, Chef Mike Salem. On a mission to be "plant-based for the people," Hart House is not just creating "fast food" but food that will take us all faster into the future.
"We've curated delicious, craveable food you know and love like burgers, shakes, nuggets and more," said Hart House CEO, Andy Hooper. "Our menu is the future of the industry; Hart House is revolutionizing quick service restaurants now and delivering a ground-breaking culinary experience that shatters the expectations of what plant-based food can be."
Kevin and the Hart House team are committed to disrupting the quick-service industry with a plant-based alternative that is affordable and accessible to all. The delicious menu appeals to everyone, by featuring plant-based burg'rs, chick'n sandwiches, salads, nuggets, fries, tots and milkshakes without sacrificing craveability for conviction. All ingredients are 100% plant-based and are free of cholesterol, antibiotics, hormones, artificial colors, preservatives, high-fructose corn syrup, or trans fats.
"As someone who has been preaching 'Health is Wealth', building Hart House felt like the natural evolution of my flexitarian lifestyle and my business ecosystem.'' said Kevin Hart. "I'm beyond proud of this industry-changing restaurant and the amazing team behind it working tirelessly to create delicious, sustainable food that delivers "Can't-Believe-It" flavor in every bite."
In addition to providing a healthier alternative to its guests, Hart House leads with care for its employees, offering living wages and best-in-class benefits. They are committed to bringing positive change to the lives of those who serve and those who they serve. The new concept is also passionate about helping the larger community and will be donating 10% of opening day proceeds to Inner City Arts.
Hart House's Westchester location boasts bright colors and a fresh design with the help of Kai Williamson's team made up entirely of women of color whose work includes The Gathering Spot, Sovereign Brands, and Blk Swan. The back wall features a colorful mural with the words, "Change You'll Crave" designed by Nicollete Santos whose recent work includes Harley Davidson, Marvel, and Nike. The restaurant includes a sprawling 3090 sqft space on a corner lot within a retail shopping strip located near LAX with 30 interior seats, 8 future exterior seats, and ADA access.
Hart House has two additional restaurants currently under construction, several more signed leases, and is targeting to open as many as ten restaurants over the next twelve months. The first location, Hart House Westchester, is located at 8901 S Sepulveda Blvd Los Angeles, CA 90045. Hours of operation are from 11am-9pm.
For more information, please visit www.myharthouse.com or stay up to date on their Instagram @myharthouse.
Set to open August 25, 2022, Hart House is primed to become one of Los Angeles' most sought-after restaurants, serving delicious, sustainable food, accessible to everyone and available within minutes. The menu features plant-based burg'rs, chick'n sandwiches, salads, nuggets, fries, tots and milkshakes, including gluten-free options. Founded by Kevin Hart and a team of passionate partners, Hart House is committed to the future of food by disrupting the quick-service industry with an affordable and flavorful alternative. All items are 100% plant-based with no cholesterol, antibiotics, hormones, artificial colors, preservatives, high-fructose corn syrup, or trans fats. For more information, visit myharthouse.com or follow @MyHartHouse on your favorite social site for more.
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SOURCE Hart House | https://www.wibw.com/prnewswire/2022/08/25/plant-based-qsr-concept-hart-house-opens-first-brick-mortar-location-los-angeles/ | 2022-08-25T11:45:31Z |
WASHINGTON (AP) — Congress has bestowed its highest honor on merchant mariners who fought in World War II, almost eight decades after the conflict in which more than 8,000 of them were killed.
More than two years after Congress voted to approve the award, leaders on Capitol Hill on Wednesday awarded the Congressional Gold Medal to surviving merchant mariners who provided equipment, food, fuel and other materials to military troops around the world during World War II. While they suffered what was thought to be the highest per capita casualty rate in the war, they did not receive veteran status until 1988 because they are not a branch of the military.
Dave Yoho, a 94-year-old veteran of the service, said at the ceremony in Statuary Hall that he and his fellow mariners “brought home the scars of war” but were forgotten.
“This war ended before most of you were born, but there was a sense of patriotism” among those who served, Yoho said. He was accompanied by another merchant marine veteran whom Yoho said was 101 years old.
The U.S. Merchant Marine provided goods in many different arenas during the war, including at the invasion of Normandy. The legislation passed by Congress in March 2020 awarding the medal cites a 1944 New York Times article that said the Normandy invasion “would not have been possible without the Merchant Marine.″
Congressional leaders thanked the mariners for their service and said it was long overdue.
“Thank you for being there when others weren’t watching,” said House GOP Leader Kevin McCarthy. “This is a beautiful medal.”
Senate Republican Leader Mitch McConnell said merchant marines had paid “far, far more than its share.”
Democratic Rep. John Garamendi of California, one of the original sponsors of the legislation, said it had taken Congress 50 years to award the medal. He noted that the veterans’ successors are still on the seas providing goods around the world.
The medal will be displayed in the American Merchant Marine Museum in New York. | https://cw33.com/news/politics/ap-politics/congress-bestows-its-highest-honor-on-wwii-merchant-marines/ | 2022-05-19T08:47:49Z |
Gas prices down due to lower demand
Published: Jul. 6, 2022 at 8:47 AM CDT|Updated: 1 hour ago
(CNN) - American drivers are getting a bit of a break at the pumps this week.
According to AAA, the national average for a gallon of gas is down 8 cents from last week, to $4.80.
Analysts say that is due to lower demand right now, but that could change soon because July is the busiest month during the summer driving season.
Right now, the most expensive gas in the U.S. is in California, Oregon and Arizona.
The least expensive gas is in South Carolina, Georgia and Mississippi.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/06/gas-prices-down-due-lower-demand/ | 2022-07-06T14:58:24Z |
- Globally first dual immune checkpoint inhibitor bi-specific antibody approved for marketing
- China's first immunotherapy bi-specific antibody approved for marketing
- A phase III trial of Cadonilimab combined with platinum-based chemotherapy +/- bevacizumab for the first-line treatment of recurrent/metastatic cervical cancer has completed patients enrollment, a phase III trial of Cadonilimab plus concurrent chemoradiotherapy (CCRT) for locally advanced cervical cancer (LACC) is ongoing
- A phase III trial of Cadonilimab in early stage hepatocellular carcinoma (HCC), and a phase III trial in gastric (G) or gastroesophageal junction (GEJ) cancer are also ongoing
HONG KONG, June 29 2022 /PRNewswire/ -- Akeso, Inc. (9926.HK) ("Akeso"), a China-based biopharmaceutical company focusing on the development and commercialization of innovative therapeutic antibodies for Oncology & Immunology announced that its PD-1/CTLA-4 bi-specific antibody开坦尼® (Candonilimab injection, AK104) has received marketing approval from China Medical Products Administration (NMPA), for the treatment of relapsed or metastatic cervical cancer (R/M CC) patients who progressed on or after platinum-based chemotherapy.
开坦尼® is a novel, first-in-class PD-1/CTLA-4 bi-specific immuno-therapy drug in-house developed by Akeso. It is globally first dual immune checkpoint inhibitor bi-specific antibody approved for marketing . This approval not only marks China's innovative biotech companies starts to reap the fruits after years of R&D investments, but also demonstrates that Chinese biotech companies represented by Akeso are closing the gap with global pharmaceutical companies rapidly in innovative drug development.
The approval of 开坦尼® by NMPA is based on the positive results across a pivotal Phase II clinical study on Cadonilimab for treatment of R/M CC patients who progressed on or after platinum-based chemotherapy. The results were presented at 2022 Society of Gynecologic Oncology(SGO) Annual Meeting[1].
- Among 100 evaluable patients with tumor assessment, the Objective Response Rate (ORR) confirmed by Independent Radiography Review Committee (IRRC) was 33.0%, the complete response (CR) rate was 12.0% and the Duration of Response (DoR) rates at 6 and 12 months were 77.6% and 52.9% respectively. The median Progression-free Survival (PFS) was 3.75 months. The median Overall Survival (OS) was 17.51 months.
- In the subgroup analysis, among the 64 patients with PD-L1 positive (CPS ≥ 1), ORR was 43.8%, median PFS was 6.34 months and median OS was not reached.
- Among the total 111 enrolled patients, the incidence rate of Grade≥3 treatment related adverse events(TRAEs) was 27.0%.
China has the second largest population of cervical cancer patients in the world, with 110,000 new cases in 2020.There is no standard treatment for R/M CC patients who has progressed on or after platinum-based chemotherapy, and monotherapy is a common clinical treatment option with limited efficacy and obvious toxicity. The approval of 开坦尼® addresses a huge unmet medical needs for advanced cervical cancer in China.
"Cadonilimab represents an important step forward for R/M CC treatment, and it's a more effective treatment option for all patients with advanced cervical cancer," said Professor Wu Xiaohua, Director of Oncology and Gynecology at the Cancer Hospital Affiliated to Fudan University. Findings from the study showed that Cadonilimab has superior anti-tumor effecacy in both PD-L1 positive and negative subjects with R/M CC who progressed on previous first-line platinum-based chemotherapy."
"Regarding approved therapies in China, the median OS of cervical cancer patients after second-line treatment is about 5 to 9 months. In contrast, Cadonilimab has extended the OS by about 8~13 months," said Professor Wu Xiaohua. "Cadonilimab is a safe, and efficient therapy that clinicians can choose with trust."
"We are thrilled to see the success of Cadonilimab in second-or third-line R/M CC," said Professor Wang Jing, Vice President of Hunan Cancer Hospital. "After its marketing approval, the gradual accumulation of medical evidence in the clinical application of Cadonilimab will not only help promote the ongoing Phase III clinical study on Cadonilimab plus platinum-based chemotherapy +/- bevacizumab in first-line treatment for R/M cervical cancer, but also further increase the confidence of clinicians and patients in selecting it when it's used in future first-line treatment."
"In the Phase II study on Cadonilimab for the first-line treatment of R/M CC in combination with platinum-based chemotherapy +/- Bevacizumab[2], ORR was 79.3% regardless of PD-L1 expression; ORR was 82.4% for patients with CPS ≥ 1, and 75.0% for patients with CPS < 1. Its safety profile is better than that shown in the disclosed data of clinical studies on other tumor immunotherapies combined with chemotherapy +/- Bevacizumab," said Professor Wang Jing. "This result continues Cadonilimab's excellent performance as monotherapy in second-or third-line R/M CC and heralds the significant clinical value of Cadonilimab with its great potential to cover the full spectrum of R/M CC population."
"I'm glad that 开坦尼® has been approved for marketing in China. As a first-in-class bi-specific antibody, 开坦尼® fully exploits the synergistic anti-tumor effect of two immune checkpoint inhibitors, PD-1 and CTLA-4, with significantly fewer side effects than the combined use of monoclonal antibodies with two targets," said Dr. Michelle Xia, Founder, Chairwoman and CEO of Akeso. "We believe its promising anti-tumor efficacy and safety profile will provide tangible clinical benefits to a wide range of oncology patients worldwide. We have established a professional and efficient commercialization team in China and will make this innovative drug available to patients as quickly as possible. Meanwhile we are accelerating its clinical research in lung cancer, liver cancer, gastric cancer, and other malignant tumors, while advancing the early-line treatments. We are confident to surpass existing therapy and promote tumor immunotherapy into the 2.0 era."
Currently, multiple clinical trials of Cadonilimab has been conducted in major cancer indications including lung, liver, stomach, cervical, renal cancer, and others. Among them, a global phase III trial of Cadonilimab combined with platinum-based chemotherapy +/- bevacizumab for the first-line treatment of recurrent/metastatic cervical cancer has completed patients enrollment, and a phase III trial of Cadonilimab plus concurrent chemoradiotherapy (CCRT) for locally advanced cervical cancer (LACC) is ongoing. In addition, two phase III trials of Cadonilimab to treat early-stage hepatocellular carcinoma (HCC) and gastric (G) or gastroesophageal junction (GEJ) cancer are also ongoing.
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SOURCE Akeso, Inc. | https://www.wibw.com/prnewswire/2022/06/29/akesos-cadonilimab-pd-1ctla-4-first-dual-immune-checkpoint-inhibitor-treat-cancer-approved-marketing-china/ | 2022-06-29T13:32:31Z |
Alabama administrators suspend students following swap of high schools for senior prank
CHILTON COUNTY, Ala. (WBRC/Gray News) - Some high school seniors in Alabama are saying the punishments they’ve received from school administrators for a senior prank are too harsh.
The students planned the prank through a Snapchat group message, according to WBRC. The idea was that students from two different high schools would attend the other school for the day. Close to two dozen students from Chilton County High School and Jemison High School participated. Now, several feel the consequences for the prank are over the top.
“My scholarships are in jeopardy because of this,” Haileigh Greer, a senior at Jemison High School, said.
Greer was not the only Jemison senior who participated in the senior prank. Kathryn Blow did as well, and believes the district’s punishment is far too harsh for what they call a harmless prank.
“I just don’t think that’s very fair. I think it’s really blown out of proportion,” Blow said.
Some Chilton County High School students agree. That includes Colby Hughes, who says past pranks were way worse.
“Past classes have peed on the gym floor, put desks on the ceiling, and pigs in the school, and all we did was swap schools and we got suspended for three days -- goes on our transcripts, all of that,” Hughes said.
Several students fear this will hurt their grades and chances to pick up scholarships. While Greer knows the students must face punishment, she never suspected she would be stripped of her passion -- softball.
“I don’t mind the three day suspension. I understand,” she said. “But we shouldn’t have gotten kicked off the teams. I mean, I have played softball since I was 8 and I got kicked off my senior year.”
Some people argued online that this is about student safety, and that’s why the district must be so strict.
Students like Chilton County Senior Austin Knight believe that isn’t the responsibility of the senior class.
“I think that’s the main thing they are upset about. It’s not our fault that your security is not as good,” Knight said.
WBRC reached out to the district for a comment.
Superintendent Jason Griffin stated, “Due to safety protocols, employee and student privacy rights, I will be unable to provide a statement or response.”
Copyright 2022 WBRC via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/14/alabama-administrators-suspend-students-following-swap-high-schools-senior-prank/ | 2022-04-16T02:34:22Z |
MIAMI, June 23, 2022 /PRNewswire/ -- South Florida PBS (WPBT, WXEL, & Health Channel) in partnership with the Museum of Discovery and Science is excited to launch the 2nd season of KidVision: Full STEAM Ahead Virtual Summer Series starting Thursday, June 30th at 2 PM on Zoom!
School's out, but the learning doesn't stop! The KidVision: Full STEAM Ahead series, led by KidVision's Miss Penny, will educate children on Science, Technology, Engineering, Arts, and Math with seven different virtual events consisting of fun hands-on activities. Little scientists and artists alike, all children, will be able to find a virtual event that aligns with their interests or allows them to explore new ones. This series will run for seven consecutive weeks starting on Thursday, June 30th at 2 PM and continuing through August 11th each Thursday at 2:00 PM LIVE on ZOOM, Facebook, and YouTube! After each virtual event, the activities will air on all South Florida PBS channels (WPBT, WXEL, and South Florida PBS Kids 24/7).
The KidVision: Full STEAM Ahead Summer Learning Schedule is as follows:
- On Thursday, June 30th at 2 PM, we are calling All Aboard to stay afloat. This virtual event will explore Science through a sink and float experiment. Kids at home will need a clear tub, water, two trays, towel, and small sink & float objects. Interested? Register Here.
- On Thursday, July 7 at 2 PM, get a taste of magic with Magic Balloons. This virtual event will explore the Science of static electricity with balloons. Kids at home will need one balloon, one piece of paper, and one spoonful of sugar. Interested? Register Here.
- On Thursday, July 14 at 2 PM, fulfill dreams of being a popstar with a Music Video Challenge. This virtual event will explore Technology through video making. Kids at home will need a phone that can record and share videos. Interested? Register Here.
- On Thursday, July 21 at 2 PM, Rock & Roll with us and construct rock sculptures. This virtual event will explore Engineering through kinetic sculptures. Kids at home will need one large rock/stone and colorful pipe cleaners. They also have the option to use pom-poms, bells, yarn, and beads. Interested? Register Here.
- On Thursday, July 28 at 2 PM, follow us Dot-to-Dot as we create masterpieces. This virtual event will explore Art through abstraction. Kids at home will need one piece of white paper and bright/colorful markers. Interested? Register Here.
- On Thursday, August 4 at 2 PM, be a star student and create Star Cards with us. This virtual event will explore Math through counting. Kids at home will need one pack of index cards, one pack of star stickers, and one marker. Interested? Register Here.
- On Thursday, August 11 at 2 PM, stuck wondering What is it Worth? Join us to discover how many coins are in a dollar. This virtual event will explore Math with money. Kids at home will need 100 pennies, 20 nickels, 10 dimes, 4 quarters, 1 dollar bill, 4 clear cups, 1 sheet of paper, a pencil, and a magnifying glass. Interested? Register Here.
For more information and to RSVP for any of the above events click here.
KidVision: Full STEAM Ahead is made possible by the Annette Urso Rickel Foundation. The Annette Urso Rickel Foundation seeks to enrich STEAM education in Florida schools and organizations by supporting inspired students and cultivating talented teachers through scholarships and grants.
About South Florida PBS
South Florida PBS is Florida's largest public media company, including Public Broadcasting stations WXEL-TV, serving the Palm Beaches and the Treasure Coast and WPBT2, serving Miami-Dade and Broward counties, and the Health Channel, the only 24/7 channel dedicated to health in the nation. South Florida PBS connects organizations and institutions across our region and preserves South Florida's history. Leading the way in this global society, South Florida PBS is committed to creating and presenting award-winning programs focused on kids, education, arts and culture, health, environment, science, and civic engagement.
Jeneissy Azcuy
V.P. of Marketing and Communications
(305) 424-4013
jazcuy@southfloridapbs.org
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SOURCE South Florida PBS | https://www.mysuncoast.com/prnewswire/2022/06/23/south-florida-pbs-full-steam-summer-learning/ | 2022-06-23T20:35:19Z |
NEW YORK, May 31, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Riskified Ltd. (NYSE: RSKD) alleging that the Company violated federal securities laws.
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.
Lead Plaintiff Deadline: July 1, 2022
No obligation or cost to you.
Learn more about your recoverable losses in RSKD:
https://www.kleinstocklaw.com/pslra-1/riskified-ltd-loss-submission-form?id=27812&from=4
CLASS ACTION CASE DETAILS: The filed complaint alleges that Riskified Ltd. made 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.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Riskified Ltd. you have until July 1, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Riskified Ltd. securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the RSKD lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/riskified-ltd-loss-submission-form?id=27812&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/05/31/rskd-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-1-2022-class-action-filed-behalf-riskified-ltd-shareholders/ | 2022-05-31T18:36:29Z |
School resource officer accidentally runs over student, Ala. sheriff says
LAUDERDALE COUNTY, Ala. (WAFF) - A school resource officer is on paid administrative leave after he accidentally ran over a student on Thursday afternoon, according to the Lauderdale County Sheriff.
An eighth grade student at Central High School in Florence, Alabama, was injured after being run over by the school resource officer during a mock “dangers of prom” driving under the influence demonstration.
Sheriff Rick Singleton told WAFF the student was lying on the pavement as part of the mock demonstration when the officer backed up the vehicle, not realizing the student was there.
A student was also inside the patrol car at the time of the incident.
According to Singleton, the injured student was airlifted to a Birmingham hospital to treat her injuries.
The Alabama Law Enforcement Agency is investigating this case. The school resource officer has since been placed on paid administrative leave.
Copyright 2022 WAFF via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/15/school-resource-officer-accidentally-runs-over-student-ala-sheriff-says/ | 2022-05-15T06:13:14Z |
ROSH HA'AYIN, Israel, Aug. 11, 2022 /PRNewswire/ --
QUARTERLY ADJUSTED EBITDA2 TOTALED NIS 276 MILLION
NET DEBT2 TOTALED NIS 706 MILLION
QUARTERLY CELLULAR SUBSCRIBER GROWTH TOTALED 32 THOUSAND
PARTNER'S FIBER-OPTIC SUBSCRIBER BASE TOTALS 258 THOUSAND
AS OF TODAY
THE NUMBER OF HOUSEHOLDS IN BUILDINGS CONNECTED TO PARTNER'S FIBER-OPTIC INFRASTRUCTURE TOTALS 866 THOUSAND AS OF TODAY
Second quarter 2022 highlights (compared with second quarter 2021)
- Total Revenues: NIS 859 million (US$ 245 million), an increase of 2%
- Service Revenues: NIS 706 million (US$ 202 million), an increase of 9%
- Equipment Revenues: NIS 153 million (US$ 44 million), a decrease of 20%
- Total Operating Expenses (OPEX)2: NIS 469 million (US$ 134 million), a decrease of 3%
- Adjusted EBITDA: NIS 276 million (US$ 79 million), an increase of 30%
- Profit for the Period: NIS 47 million (US$ 13 million), an increase of NIS 38 million
- Adjusted Free Cash Flow (before interest)2: NIS 57 million (US$ 16 million), an increase of NIS 49 million
- Cellular ARPU: NIS 49 (US$ 14), an increase of 2%
- Cellular Subscriber Base: approximately 3.1 million subscribers at quarter-end, an increase of 4%
- Fiber-Optic Subscriber Base: 250 thousand subscribers at quarter-end, an increase of 77 thousand since Q2 2021, and an increase of 17 thousand in the quarter
- Homes Connected (HC) to Partner's Fiber-Optic Infrastructure: 837 thousand at quarter-end, an increase of 266 thousand since Q2 2021, and an increase of 67 thousand in the quarter
- Infrastructure-Based Internet Subscriber Base: 395 thousand subscribers at quarter-end, an increase of 41 thousand since Q2 2021, and an increase of 8 thousand in the quarter
- TV Subscriber Base: 224 thousand subscribers at quarter-end, an increase of 1 thousand subscribers since Q2 2021, and a decrease of 1 thousand in the quarter
Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications provider, announced today its results for the quarter ended June 30, 2022.
Commenting on the results for the second quarter 2022, Mr. Avi Gabbay, CEO of Partner, noted:
"We are pleased with the good results which reflect stability and growth. We will continue to invest in infrastructure and fiber and 5G services in order to bring more value to our customers."
Mr. Tamir Amar, Partner's Deputy CEO & Chief Financial Officer, commented on the results:
"In the second quarter of 2022 we report the highest revenues in the past six years, due to growth in both the cellular and fixed-line segments. Together with a decrease in the level of OPEX, we have succeeded in bringing about an increase in profit and profitability compared to the corresponding quarter last year.
Adjusted EBITDA presented for the second quarter of 2022 was the highest in the past seven years and totaled NIS 276 million, an increase of 30% compared to NIS 213 million in the corresponding quarter last year.
Partner continues with the expedited 5G infrastructure deployment and expects to achieve over 40% population coverage by the end of the year. The cellular subscriber base increased in the quarter by 32 thousand subscribers, of which 25 thousand were Post-Paid subscribers. Excluding the churn of Ministry of Education subscribers who joined for limited periods, the cellular churn rate in the second quarter of 2022 totaled just 6.6%. For the first time in five quarters, Partner recorded an increase in Cellular ARPU. In the second quarter, ARPU totaled NIS 49 compared to NIS 48 in previous quarters. The increase reflected, among other things, an increase in roaming service revenues that was partially offset by the continued price erosion and by a decrease in interconnect revenues.
As we have stated before, Partner considers fiber-optic deployment to be a significant growth engine in its activity. The number of Homes Connected within buildings connected to our fiber-optic infrastructure reached 837 thousand at the end of second quarter of 2022, an increase of 67 thousand in the quarter. As of today, the number of Homes Connected within buildings connected to our fiber-optic infrastructure totals 866 thousand. The fiber-optic subscriber base totaled 250 thousand at the end of the quarter, reflecting a 30% penetration rate from potential customers in connected buildings, unchanged from the rate at the end of the previous quarter and the corresponding quarter last year. The increase in the fiber-optic subscriber base in the quarter was negatively impacted by the relatively low number of working days and totaled 17 thousand. As of today, the fiber-optic subscriber base totals 258 thousand.
Adjusted Free Cash Flow (before interest and including lease payments) for the quarter totaled NIS 57 million. CAPEX payments in the second quarter of 2022 totaled NIS 174 million. For the first half of 2022, the increase of CAPEX payments compared to first half of 2021 totaled NIS 56 million, reflecting the acceleration of the fiber-optic deployment plan, with the goal of reaching approximately one million households by the end of the year.
Net debt was NIS 706 million at the end of the quarter, compared with NIS 670 million at the end of the corresponding quarter last year, an increase of NIS 36 million. The Company's net debt to Adjusted EBITDA ratio stood at 0.7 at the end of the quarter, compared to a ratio of 0.8 in the corresponding quarter last year."
Q2 2022 compared with Q2 2021
Key Performance Indicators
Partner Consolidated Results
Financial Review
In Q2 2022, total revenues were NIS 859 million (US$ 245 million), an increase of 2% from NIS 840 million in Q2 2021.
Service revenues in Q2 2022 totaled NIS 706 million (US$ 202 million), an increase of 9% from NIS 649 million in Q2 2021.
Service revenues for the cellular segment in Q2 2022 totaled NIS 457 million (US$ 131 million), an increase of 9% from NIS 420 million in Q2 2021. The increase was mainly the result of higher roaming service revenues, reflecting the return of international air travel almost to pre-COVID 19 levels, and the growth of the cellular subscriber base. These increases were partially offset by the continued price erosion, although to a lesser degree than in the past, and a decrease in interconnect revenues.
Service revenues for the fixed-line segment in Q2 2022 totaled NIS 279 million (US$ 80 million), an increase of 6% from NIS 262 million in Q2 2021. The increase mainly reflected higher revenues from the growth in internet and TV services, which were partially offset by a decline in revenues from international calling services.
Equipment revenues in Q2 2022 totaled NIS 153 million (US$ 44 million), a decrease of 20% from NIS 191 million in Q2 2021, mainly reflecting a lower average price per sale mainly due to a change in the sales mix in the cellular segment, and a decrease in sales in the fixed-line segment, largely reflecting the Company's decision in the final quarter of 2021 to move towards a leasing model of internet routers to private customers instead of a sales model.
Gross profit from equipment sales in Q2 2022 was NIS 28 million (US$ 8 million), compared with NIS 39 million in Q2 2021, a decrease of 28%, mainly reflecting the negative impact of foreign exchange rate movements, as well as the change in the sales mix in the cellular segment and the decrease in fixed-line segment sales.
Total operating expenses ('OPEX') totaled NIS 469 million (US$ 134 million), in Q2 2022, a decrease of 3% or NIS 16 million from Q2 2021, mainly reflecting a decrease in credit loss expenses, a one-time decrease in cellular network operating expenses and a decrease in fixed-line segment wholesale expenses. The decreases were partially offset by increases in roaming expenses and payroll and related expenses. Including depreciation and amortization expenses and other expenses (mainly amortization of employee share-based compensation), OPEX in Q2 2022 decreased by 1% compared with Q2 2021.
Operating profit for Q2 2022 was NIS 85 million (US$ 24 million), an increase of 183% compared with NIS 30 million in Q2 2021.
Adjusted EBITDA in Q2 2022 totaled NIS 276 million (US$ 79 million), an increase of 30% from NIS 213 million in Q2 2021. As a percentage of total revenues, Adjusted EBITDA in Q2 2022 was 32% compared with 25% in Q2 2021.
Adjusted EBITDA for the cellular segment was NIS 187 million (US$ 53 million) in Q2 2022, an increase of 35% from NIS 139 million in Q2 2021, largely reflecting the increase in service revenues as well as the decrease in credit losses expenses, and the one-time decrease in network operating expenses, which were partially offset by the decrease in gross profit from equipment sales and the increase in payroll and related expenses. As a percentage of total cellular segment revenues, Adjusted EBITDA for the cellular segment was 32% in Q2 2022 compared with 24% in Q2 2021.
Adjusted EBITDA for the fixed-line segment was NIS 89 million (US$ 25 million) in Q2 2022, an increase of 20% from NIS 74 million in Q2 2021, mainly reflecting the increase in fixed-line segment service revenues and the decrease in wholesale expenses, which were partially offset by the decrease in gross profit from fixed-line segment equipment sales as well as the increase in payroll and related expenses. As a percentage of total fixed-line segment revenues, Adjusted EBITDA for the fixed-line segment was 30% in Q2 2022, compared with 25% in Q2 2021.
Finance costs, net in Q2 2022 were NIS 21 million (US$ 6 million), an increase of 31% compared with NIS 16 million in Q2 2021. The increase mainly reflected the negative impact of foreign exchange rate movements.
Income tax expenses in Q2 2022 were NIS 17 million (US$ 5 million), an increase of NIS 12 million compared with NIS 5 million in Q2 2021, mainly due to the increase in operating profit.
Profit in Q2 2022 was NIS 47 million (US$ 13 million), an increase of NIS 38 million compared with profit of NIS 9 million in Q2 2021.
Based on the weighted average number of shares outstanding during Q2 2022, basic earnings per share or ADS, was NIS 0.26 (US$ 0.07) compared with basic earnings per share or ADS of NIS 0.05 in Q2 2021.
Cellular Segment Operational Review
At the end of Q2 2022, the Company's cellular subscriber base (including mobile data, 012 Mobile subscribers and M2M subscriptions) was approximately 3.10 million, including approximately 2.73 million Post-Paid subscribers or 88% of the base, and 362 thousand Pre-Paid subscribers, or 12% of the subscriber base.
During the second quarter of 2022, the cellular subscriber base increased, net, by 32 thousand subscribers. The Post-Paid subscriber base increased, net, by 25 thousand subscribers and the Pre-Paid subscriber base increased, net, by 7 thousand subscribers. The subscriber base of data packages and voice packages for the Ministry of Education (MOE) increased by 5 thousand and totaled 80 thousand at the end of Q2 2022. The MOE subscribers base is expected to decrease to 12 thousand during the third quarter of 2022, following the expiration of most of the time-limited packages.
Total cellular market share (based on the number of subscribers) at the end of Q2 2022 was estimated to be approximately 28%, unchanged from the end of Q1 2022 and compared to 27% at the end of Q2 2021.
The quarterly churn rate for cellular subscribers in Q2 2022 was 6.7%, compared with 7.2% in Q2 2021 and 7.0% in Q1 2022. Excluding data and voice packages for the Ministry of Education, the churn rate in Q2 2022 was 6.6% compared with 7.4% in Q2 2021 and 6.7% in Q1 2022.
The monthly Average Revenue per User ("ARPU") for cellular subscribers in Q2 2022 was NIS 49 (US$ 14), an increase of 2% from NIS 48 in Q2 2021. This increase mainly reflected the increase in roaming services revenues, which was offset by the continued price erosion, although to a lesser degree than in the past, and by a decrease in interconnect revenues.
Fixed-Line Segment Operational Review
At the end of Q2 2022:
- The Company's fiber-optic subscriber base was 250 thousand subscribers, an increase, net, of 17 thousand subscribers during the second quarter of 2022.
- The Company's infrastructure-based internet subscriber base was 395 thousand subscribers, an increase, net, of 8 thousand subscribers during the second quarter of 2022.
- Households in buildings connected to our fiber-optic infrastructure (HC) totaled 837 thousand, an increase of 67 thousand during the second quarter of 2022.
- The Company's TV subscriber base totaled 224 thousand subscribers, a decrease of 1 thousand subscribers during the second quarter of 2022.
Funding and Investing Review
In Q2 2022, Adjusted Free Cash Flow (including lease payments) totaled NIS 57 million (US$ 16 million), an increase of NIS 49 million compared with NIS 8 million in Q2 2021.
Cash generated from operating activities totaled NIS 263 million (US$ 75 million) in Q2 2022, an increase of 47% from NIS 179 million in Q2 2021.
Lease payments (principal and interest), recorded in cash flows from financing activities under IFRS 16, totaled NIS 34 million (US$ 10 million) in Q2 2022, an increase of 6% from NIS 32 million in Q2 2021.
Cash capital expenditures (CAPEX payments), as represented by cash flows used for the acquisition of property and equipment and intangible assets, were NIS 174 million (US$ 50 million) in Q2 2022, an increase of 25% from NIS 139 million in Q2 2021.
The level of net debt at the end of Q2 2022 amounted to NIS 706 million (US$ 202 million), compared with NIS 670 million at the end of Q2 2021, an increase of NIS 36 million.
Regulatory Developments
Further to the Company's immediate report dated September 14, 2021 with respect to a hearing process regarding the potential reduction of the interconnect tariff, on June 23, 2022 the Ministry of Communications published its decision regarding a change in the interconnection tariff regime. According to this decision there will be a gradual reduction of the interconnection tariffs over a period of three years (ending on the 15th of June 2025). After this period, each operator will bear its own call completion costs and there will no longer be payment transfers for interconnection with respect to call minutes (both on MRT networks and on fixed-line networks). The Ministry has also decided that the maximum tariff for completion of incoming international calls will be cancelled (effective on the 28th of July 2022), which is expected to increase the company's revenues from incoming international calls. The overall outcome of this decision is not expected to have a material effect on our business and results of operations.
Conference Call Details
Partner will host a conference call to discuss its financial results on Thursday, August 11, 2022 at 10.00 a.m. Eastern Time / 5.00 p.m. Israel Time.
Please dial the following numbers (at least 10 minutes before the scheduled time) in order to participate:
International: +972.3.918.0687
North America toll-free: +1.888.407.2553
A live webcast of the call will also be available on Partner's Investors Relations website at:
http://www.partner.co.il/en/Investors-Relations/lobby
If you are unavailable to join live, the replay of the call will be available from August 11, 2022 until August 25, 2022, at the following numbers:
International: +972.3.925.5921
North America toll-free: +1.888.254.7270
In addition, the archived webcast of the call will be available on Partner's Investor Relations website at the above address for approximately three months.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, Section 21E of the US Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995. Words such as "estimate", "believe", "anticipate", "expect", "intend", "seek", "will", "plan", "could", "may", "project", "goal", "target" and similar expressions often identify forward-looking statements but are not the only way we identify these statements. In particular, this press release communicates our belief regarding (i) the Company's continued investment in infrastructure and fiber and 5G services; (ii) the expedited deployment of the Company's fiber-optic infrastructure by the end of 2022 and (iii) the fiber-optic deployment as a significant growth engine for the Company. In addition, all statements other than statements of historical fact included in this press release regarding our future performance are forward-looking statements.
We have based these forward-looking statements on our current knowledge and our present beliefs and expectations regarding possible future events. These forward-looking statements are subject to risks, uncertainties and assumptions, including in particular (i) the remaining impact on our business of the Covid-19 health crisis, (ii) unexpected technical or commercial issues which may arise as we continue to deploy and expand the use of our fiber optic infrastructure; and (iii) unexpected technical or financial constraints which undermine the pursuit of such strategy. In light of the current unreliability of predictions as to the ultimate severity and duration of the Covid-19 health crisis, as well as the specific regulatory and business risks facing our business, future results may differ materially from those currently anticipated. For further information regarding risks, uncertainties and assumptions about Partner, trends in the Israeli telecommunications industry in general, the impact of possible regulatory and legal developments, and other risks we face, see "Item 3. Key Information - 3D. Risk Factors", "Item 4. Information on the Company", "Item 5. Operating and Financial Review and Prospects", "Item 8. Financial Information - 8A. Consolidated Financial Statements and Other Financial Information - 8A.1 Legal and Administrative Proceedings" and "Item 11. Quantitative and Qualitative Disclosures about Market Risk" in the Company's Annual Reports on Form 20-F filed with the SEC, as well as its immediate reports on Form 6-K furnished to the SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The quarterly financial results presented in this press release are unaudited financial results.
The results were prepared in accordance with IFRS, other than the non-GAAP financial measures presented in the section "Use of Non-GAAP Financial Measures".
The financial information is presented in NIS millions (unless otherwise stated) and the figures presented are rounded accordingly. The convenience translations of the New Israeli Shekel (NIS) figures into US Dollars were made at the rate of exchange prevailing at June 30, 2022: US $1.00 equals NIS 3.500. The translations were made purely for the convenience of the reader.
Use of Non-GAAP Financial Measures
The following non-GAAP measures are used in this report. These measures are not financial measures under IFRS and may not be comparable to other similarly titled measures for other companies. Further, the measures may not be indicative of the Company's historic operating results nor are meant to be predictive of potential future results.
About Partner Communications
Partner Communications Company Ltd. is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet services and TV services). Partner's ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
For more information about Partner, see: http://www.partner.co.il/en/Investors-Relations/lobby
Contacts:
At June 30, 2022 and 2021, trade and other payables include NIS 170 million ($49 million) and NIS 170 million, respectively, in respect of acquisition of intangible assets and property and equipment; payments in respect thereof are presented in cash flows from investing activities.
These balances are recognized in the cash flow statements upon payment.
Reconciliation of Non-GAAP Measures:
Key Financial and Operating Indicators (unaudited) *
Disclosure for notes holders as of June 30, 2022
Information regarding the notes series issued by the Company, in million NIS
(1) In April 2019, the Company issued in a private placement 2 series of untradeable option warrants that were exercisable for the Company's Series G debentures. The exercise period of the first series is between July 1, 2019 and May 31, 2020 and of the second series is between July 1, 2020 and May 31, 2021. The Series G debentures that were allotted upon the exercise of an option warrant were identical in all their rights to the Company's Series G debentures immediately upon their allotment, and are entitled to any payment of interest or other benefit, the effective date of which is due after the allotment date. The debentures that were allotted as a result of the exercise of option warrants were registered on the TASE. The total amount received by the Company on the allotment date of the option warrants is NIS 37 million. For additional details see the Company's press release dated April 17, 2019. Following exercise of option warrants from the first series, the Company issued Series G Notes in a total principal amount of NIS 225 million. Following exercise of option warrants from the second series, the Company issued Series G Notes in a total principal amount of NIS 101 million. The issuance in May 2021 was the final exercise of option warrants from the second series.
(2) Regarding Series F Notes, Series G Notes, Series H Notes and borrowing P, borrowing Q and borrowing R the Company is required to comply with a financial covenant that the ratio of Net Debt to Adjusted EBITDA shall not exceed 5. Compliance will be examined and reported on a quarterly basis. For the purpose of the covenant, Adjusted EBITDA is calculated as the sum total for the last 12 month period, excluding adjustable one-time items. As of June 30, 2022, the ratio of Net Debt to Adjusted EBITDA was 0.7. Additional stipulations mainly include: Shareholders' equity shall not decrease below NIS 400 million and no dividends will be declared if shareholders' equity will be below NIS 650 million regarding Series F notes, borrowing P and borrowing Q. Shareholders' equity shall not decrease below NIS 600 million and no dividends will be declared if shareholders' equity will be below NIS 750 million regarding Series G notes and borrowing R. Shareholders' equity shall not decrease below NIS 700 million and no dividends will be declared if shareholders' equity will be below NIS 850 million regarding Series H notes. The Company shall not create floating liens subject to certain terms. The Company has the right for early redemption under certain conditions. With respect to notes payable series F, series G and series H: the Company shall pay additional annual interest of 0.5% in the case of a two- notch downgrade in the Notes rating and an additional annual interest of 0.25% for each further single-notch downgrade, up to a maximum additional interest of 1%; the Company shall pay additional annual interest of 0.25% during a period in which there is a breach of the financial covenant; debt rating will not decrease below BBB- for a certain period. In any case, the total maximum additional interest for Series F, Series G and Series H, shall not exceed 1.25%, 1% or 1.25%, respectively. For more information see the Company's Annual Report on Form 20-F for the year ended December 31, 2021.
In the reporting period, the Company was in compliance with all financial covenants and obligations and no cause for early repayment occurred.
* On these dates additional Notes of the series were issued. The information in the table refers to the full series. ** Representing an amount of less than NIS 1 million.
Disclosure for Notes holders as of June 30, 2022 (cont.)
Notes Rating Details*
(1) In August 2022, S&P Maalot reaffirmed the Company's rating of "ilA+/Stable".
(2) For details regarding the rating of the notes see the S&P Maalot reports dated August 7, 2022.
* A securities rating is not a recommendation to buy, sell or hold securities. Ratings may be subject to suspension, revision or withdrawal at any time, and each rating should be evaluated independently of any other rating
Summary of Financial Undertakings (according to repayment dates) as of June 30, 2022
a. Notes issued to the public by the Company and held by the public, excluding such notes held by the Company's parent company, by a controlling shareholder, by companies controlled by them, or by companies controlled by the Company, based on the Company's "Solo" financial data (in thousand NIS).
b. Private notes and other non-bank credit, excluding such notes held by the Company's parent company, by a controlling shareholder, by companies controlled by them, or by companies controlled by the Company, based on the Company's "Solo" financial data – None.
c. Credit from banks in Israel based on the Company's "Solo" financial data (in thousand NIS).
Summary of Financial Undertakings (according to repayment dates) as of June 30, 2022 (cont.)
d. Credit from banks abroad based on the Company's "Solo" financial data – None.
e. Total of sections a - d above, total credit from banks, non-bank credit and notes based on the Company's "Solo" financial data (in thousand NIS).
f. Off-balance sheet credit exposure based on the Company's "Solo" financial data– As of June 30, 2022, the Company provided financial guarantees in a total amount of NIS 85 million.
g. Off-balance sheet credit exposure of all the Company's consolidated companies, excluding companies that are reporting corporations and excluding the Company's data presented in section f above - None.
h. Total balances of the credit from banks, non-bank credit and notes of all the consolidated companies, excluding companies that are reporting corporations and excluding Company's data presented in sections a - d above - None.
i. Total balances of credit granted to the Company by the parent company or a controlling shareholder and balances of notes offered by the Company held by the parent company or the controlling shareholder - None.
j. Total balances of credit granted to the Company by companies held by the parent company or the controlling shareholder, which are not controlled by the Company, and balances of notes offered by the Company held by companies held by the parent company or the controlling shareholder, which are not controlled by the Company – None.
k. Total balances of credit granted to the Company by consolidated companies and balances of notes offered by the Company held by the consolidated companies - None
- The quarterly financial results are unaudited.
- For the definition of this and other Non-GAAP financial measures, see "Use of Non-GAAP Financial Measures" in this press release.
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SOURCE Partner Communications Company Ltd. | https://www.wibw.com/prnewswire/2022/08/11/partner-communications-reports-second-quarter-2022-results1/ | 2022-08-11T07:42:05Z |
DENVER (KDVR) — A Denver couple got the surprise of a lifetime when the Stanley Cup was mistakenly delivered to their doorstep.
Kit Karbler and his husband were at their home Tuesday when they noticed a vehicle stopped outside their house.
“It looks like a contractor or something,” Karbler told Nexstar’s KDVR. “I didn’t know. And a fella comes to the door. He’s got long, kind of gray hair, parted and he’s very friendly … And he comes right in and they’re looking, the truck is backed up and they’re looking to bring in the trophy.”
They were looking to deliver the Stanley Cup trophy, that is.
“He opened it up all the way, said go ahead. I lifted it up. I couldn’t believe how heavy it was. I ran my fingers over the engraving,” Karbler said.
The one thing he did not do was take a bunch of pictures.
“It happened so fast and they were so nice. I could have taken lots more photos and maybe one with the dog and the Cup. One with me. But I wasn’t thinking that way,” Karbler said.
Because, after all, the special delivery was not meant for him.
“They were looking for Landeskog,” he said.
Apparently, Colorado Avalanche captain Gabriel Landeskog’s residence has a similar-looking address.
“I couldn’t believe it! All my thoughts were wide open because how could that be? Because I knew that we had Avalanche players that lived in the neighborhood but I didn’t know how close,” Karbler said.
KDVR interviewed the Hockey Hall of Fame’s Keeper of the Cup, Philip Pritchard, Wednesday morning and he confirmed the mix-up.
“We stopped there, we couldn’t really see the number of the house, so I said we’ll just go up and knock, what’s the worst thing, they say, ‘Hi, who are you guys?’ Sure enough, I knock, ‘Hi who are you guys?’” Pritchard said.
The Cup’s path since the Avalanche won it
The Avs beat the Lightning in six games to win the Stanley Cup for the first time in 21 years and very quickly dented it after it was in their possession. The team brought it back to Denver on Monday and it was passed around as they deplaned and even got some photo ops with the Denver Fire Department and other employees at the airport.
The Cup will make an appearance before the Colorado Rockies game at Coors Field Wednesday night in a ceremony for the Avalanche players and staff.
The holy grail of hockey will be on display around the streets of downtown Denver on Thursday morning for the official Stanley Cup celebration parade. And the streets of Denver will be painted burgundy and blue for the parade route. | https://cw33.com/news/nexstar-media-wire/i-couldnt-believe-it-stanley-cup-delivered-to-wrong-house/ | 2022-06-30T00:56:33Z |
NEW YORK, June 3, 2022 /PRNewswire/ -- Yomico Moreno, world renowned tattoo artist, unveiled the new standard for the Tattoo industry and community with the launch of the first ever Yomico Art event in New York last week.
The newly initiated launch of the Master Class Summit showcased insight on color theory, real time tattooing, panel, workshops, celebrity guests, MeetUps and special sponsored experiences. The event was a tremendous success with over 155 attendees, over 2M social media impressions, setting the new standard for the Tattoo Industry.
Highlights of the Event:
- Over 155 attendees
- 2.5M Social Media Impressions
- Live Tattooing to demonstrate technical aspects of a tattoo
- Featured Panel included guest speakers:
Next stop on the Master Class Summit tour will be a return to Yomico's homeland of Caracas Venezuela, dates and more information will be announced soon.
This is only the beginning of what is yet to come in uniting and building this community to drive the tattoo culture and lifestyle forward, said Yomico Moreno, Founder of Yomico Art.
Presenting sponsors included Cheyenne, Gorilla Gloves, H2Ocean, INTENZE PRODUCTS, Sullen Art Collection, Zoa and the New York Empire State Tattoo Expo.
Yomico Moreno was born in Puerto Cabello, Venezuela and has been working as a tattoo artist since 2005. Moreno has worked in some of the most prestigious tattoo studios across various countries and continents such as Venezuela, Switzerland, Europe, Central America and South America. While In Caracas, he gained nationwide recognition winning first place prizes at various local tattoo conventions.
Yomico has been featured on CNN, Daily Mail (UK), Newsweek, Paramount Network "The Art of Ink", Sullen TV, Inkedmag, VIX, among others. He has been part of several art exhibitions including "Tattoo Forever" Exhibition at the Museum of Contemporary Art in Rome, 13th Hour and Flesh to Canvas with Last Rites Tattoo, NY and in Japan.
In 2019 he opened his private studio, Yomicoart Studio in New York. In 2021 Yomico collaborated with The Rock on the "Evolution of the Bull" tattoo and a short documentary was released about the process. He is currently working on many new projects, including a Masterclass, an NFT project "The Tattoo Shop" and continues to travel around the world to do collaborations with other artists, teach seminars, as well as creating new stories with his tattoos to push his art to new levels.
Currently, Yomico resides in New York City, where he owns a private tattoo studio.
Contact Information:
Raquel Gonzalez
raquel@theflolab.com
956-572-6042
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SOURCE Yomicoart Inc | https://www.kxii.com/prnewswire/2022/06/03/yomico-art-sets-standard-tattoo-industry/ | 2022-06-03T17:52:34Z |
Innovation and inclusion are at the heart of RadarFirst's new and improved privacy incident management solutions.
PORTLAND, Ore., July 14, 2022 /PRNewswire/ -- RadarFirst, the global innovator in privacy incident management, unveils new branding and platform features that focus on efficiency and scalability for maturing privacy programs. Updates include:
- New solution release: RadarFirst's Playbooks tool complements the recently released Incident Dimensions solution and allows users to create customizable workflows to bring consistency to and streamline incident management
- Improved integration functionality with IT service management and security incident response partner ServiceNow
- A reimagined brand identity that embodies RadarFirst's vision to be the most accessible and innovative company in the privacy industry
"It's inspiring to be part of a company that continues to follow an exciting innovation roadmap, based entirely on the evolving needs of privacy professionals. RadarFirst continues to be the most practical, efficient, and accessible solution for organizations that manage regulated data." - Alan Knepfer, Chief Sales Officer at RadarFirst.
Alan continued, "With improved efficiency and the assurance that teams follow organizational best practices, Playbooks makes RadarFirst an accessible platform for growing privacy programs in need of scalability without compromise."
Playbooks complement RadarFirst's recently released Incident Dimensions capability. Together, an incident's components (e.g., privacy, compliance, security, records management) can be addressed by different teams in a collaborative, repeatable, and compliant manner.
With Playbooks, organizations have the ability to define and enforce a consistent approach for each unique situation (e.g., misdirected email, lost/stolen computer, phishing attack), to help privacy teams engage and collaborate with the right stakeholders at each stage of the incident response and prove due diligence to internal leaders and regulators.
"For organizations seeking to mature their privacy programs, Playbooks in RadarFirst reduce the time spent by incident leads to investigate and close out incidents through well-documented, repeatable processes while improving compliance, which is important for company leadership," says Greg Sikes, Vice President of Product at RadarFirst. "In the past, teams would have to rely on external documentation; with Playbooks, we help our customers ensure a repeatable, audit-compliant approach."
For an incident in RadarFirst that is associated with an incident in ServiceNow (either an IT Service Management ticket (ITSM) or Security Incident Response ticket (SIR), improvements have been made to expand the technology integration between ServiceNow and RadarFirst. Customers using this integration experience tight collaboration and coordination between IT, Security, and Privacy teams resolving an incident.
Updates include new user functionality to map additional incident data, including custom fields, and the ability to send attachments from ServiceNow to RadarFirst such as relevant incident profiling information helpful in identifying privacy concerns associated with the event.
RadarFirst is committed to being the most innovative privacy solution for organizations of all sizes. With the opportunity to reflect on its position within the privacy space, RadarFirst has evolved its brand identity to better align with its current corporate values:
- Integrity and empathy
- Inclusion and innovation
- Respect and candor
The new RadarFirst brand takes flight, reflecting who we are -- the global privacy management innovation leader helping privacy teams of all sizes leverage the digital transformation of privacy processes to streamline incident management and build trust with consumers whose personal information is managed.
CEO of RadarFirst, Don India says, "Data Privacy has taken center stage around the globe. Across industries, the time to prioritize privacy processes is now. With the support of our customers and team, RadarFirst expects to see continued growth in all sectors. As more and more catalysts adopt our solution, RadarFirst will continue to make our name known as an innovator for privacy."
In today's world of increasingly complex and changing privacy regulations, RadarFirst offers innovative software solutions to data privacy challenges. With RadarFirst, the patented SaaS-based incident response management platform, organizations make consistent, defensible breach notification decisions in half the time. The Radar Breach Guidance Engine™ profiles and scores data privacy incidents and generates incident-specific notification recommendations to help ensure compliance with data breach laws as well as contractual notification obligations. Privacy leaders around the globe rely on RadarFirst for an efficient, consistent, and defensible solution for privacy incident response. Learn more at radarfirst.com.
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SOURCE RadarFirst | https://www.wibw.com/prnewswire/2022/07/14/new-radarfirst-solutions-boost-privacy-program-maturity-leading-edge-brands/ | 2022-07-14T17:40:14Z |
Luxury bedding and home goods brand draws on its more than 110 years of expertise to introduce a new generation of comfort to the tiniest members of every family
NEW YORK, Aug. 25, 2022 /PRNewswire/ -- The Company Store, a leading online retailer of premium textiles, home decor products and all things comfort, announced the debut of its new Baby Collection, a natural extension of the company's popular lines of home and bedding essentials. Featuring dreamy designs inspired by nature and faraway places, the newly launched Giraffe Play, Night Sky, Flower Burst, Little Bunny, and Whale School Collections add a touch of wonder to any nursery. The collections include crib and bed sheets, play mats, hooded towels, quilted stroller blankets, printed wallpaper and more. Each new addition reflects The Company Store's long tradition of exclusive one-of-a-kind patterns, quality and craftsmanship, and timeless style.
"We want everyone to be cozy… moms, dads, and babies too. Our collection is soft and comfortable with subtle, yet cute, designs and calming colors that parents can mix and match to create a look that fits their personal style and home—and, of course, it delivers the high quality our customers have come to expect from us," said Corinne Bentzen, chief executive officer of The Company Store. "We've been fortunate to deliver comfort to generations, providing quality products that stand the test of time, and we're excited to build on that legacy with our Baby Collection."
Thoughtfully designed, The Company Store Baby Collection tastefully blends a soothing palette with sophisticated style that is baby soft, livable and gender neutral. With fun sensibility and muted designs that incorporate a European flair, the collection offers curated color combinations, high-quality production and exceptional versatility that create an elevated offering for the contemporary family. The Baby Collection is infused with a mix and match mentality, with all prints and motifs designed to coordinate, offering versatility and customization.
Key collection pieces include:
- Company Kids™ Organic Cotton Percale Print Collections – Sheets and duvet covers are made with organic cotton certified to the Global Organic Textile Standard (GOTS). Comforter shell is certified to the Organic Content Standard (OCS Blended) and has a lofty, recycled polyester fiber fill certified to the Global Recycled Standard (GRS).
- The Company Store x Wallshoppe Removable Wallpaper (SKU #83239) – Made of non-toxic, PVC free paper, $58
- Cotton Weave Blanket & Throw (SKU: #KO33), from $59
- Company Kids™ Stripe Cotton Knit Blanket (SKU: #85072) – Reverses to plush faux fur, $64
- Company Kids™ Baby Playmat (SKU: #30370) – Ultra-plush fleece with a Sherpa fleece reverse, $69
- Company Kids™ Baby Hooded Towel (SKU: #38285), $44
A selection of products can also be personalized with a monogram or name through The Company Store including baby play mats, toddler shams, hooded towels, sheets, and quilted stroller blankets.
Aligned with The Company Store's existing testing protocols, the Baby Collection uses organic cotton certified to the GOTS for the sheets and duvet covers. The comforter shells are made from organic cotton percale certified to OCS Blended, and the comforters are filled with recycled polyester fiber fill certified to GRS. All sheet material and the stroller blankets are STANDARD 100 by OEKO-TEX® certified. Additionally, the collection meets the safety requirements for Chemicals of High Concern to Children (CHCC) testing standards.
The entire new Baby Collection is available now at https://www.thecompanystore.com/kids-baby-all.
ABOUT THE COMPANY STORE
At The Company Store, we believe that comfort makes the world go 'round—that nothing beats a great night's sleep, and down time with family and friends restores your spirit. With this in mind, we source the highest-quality materials and partner with the best manufacturers in the world to bring you the most comfortable bedding and bath products. For more than 110 years, your comfort has been our promise. Available at https://www.thecompanystore.com/.
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SOURCE The Company Store | https://www.wibw.com/prnewswire/2022/08/25/company-store-unveils-new-ultra-comfortable-customizable-baby-collection-fit-modern-family/ | 2022-08-25T13:16:32Z |
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