text stringlengths 102 99.6k | url stringlengths 31 426 | crawl_date timestamp[us, tz=UTC]date 2022-04-01 00:29:49 2022-09-19 04:34:15 |
|---|---|---|
LOS ANGELES (AP) — From the stadium to the sea, the Los Angeles Dodgers unveiled plans Tuesday for this summer’s MLB All-Star Game, the franchise’s first time as host in 42 years.
Dodger Stadium had been scheduled as the site in 2020 before the COVID-19 pandemic shortened the schedule and the game was canceled. Last year’s game was played in Denver.
The stadium, LA Live in downtown Los Angeles and the Santa Monica Pier located 18 miles west of Chavez Ravine will be the backdrops for events starting July 15.
“No city and no city’s fans have supported their team like the Dodgers’ fans have,” team President Stan Kasten said. “They are hungry for this game and they are very excited that we are finally going to have it.”
The All-Star Game is July 19.
“I hope I make it,” said Dodgers ace Clayton Kershaw, an eight-time All-Star. “All the road teams that come in and get to play here, they say what a great place Dodger Stadium is. We’re excited to share it.”
Capitalizing on the 42 years since they hosted, the Dodgers will be honoring Jackie Robinson, who wore No. 42 when he broke baseball’s color barrier with the franchise 75 years ago. His widow, Rachel, turns 100 on the day of the All-Star Game.
“There’s a lot of opportunity that came from Jackie and all the other players that kind of came through,” Dodgers right fielder Mookie Betts said.
The Futures Game and the celebrity softball game will be played on a Saturday for the first time.
The Home Run Derby is July 18, the same day workouts will be held.
Play Ball Park will be set up at LA Live featuring baseball and softball, music and a red carpet for the All-Star players and their families to strut before being shuttled to Dodger Stadium. Some indoor events will be at the nearby convention center.
The MLB draft begins Sunday night on the outdoor plaza at LA Live.
From Friday through Sunday at the Santa Monica Pier and nearby beach, fans can attend free events that include instructional youth baseball and softball, a daily yoga class and baseball-themed sand sculptures. Batting and pitching cages will be set up on the pier. MLB will join Heal the Bay to stage a beach cleanup on July 16.
The Dodgers last hosted the All-Star Game in 1980, when they had four selections: Steve Garvey, Davey Lopes, Bill Russell and Jerry Reuss, who was the winning pitcher. The National League beat the American League, 4-2. Future Dodgers pitching coach Rick Honeycutt was an AL reliever.
The Dodgers first hosted the game in 1959 when they played at the Los Angeles Memorial Coliseum after moving to the West Coast from Brooklyn. Dodger Stadium, third-oldest in the majors, didn’t open until 1962.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/from-stadium-to-sea-la-dodgers-unveil-all-star-game-plans/ | 2022-05-04T16:57:17Z |
Stranded dolphin dies on Texas beach after people tried to swim with and ride it, group says
By Rebekah Riess, CNN
A sick dolphin stranded on a Texas beach died after beachgoers reportedly tried to push it back into the water so they could swim with it and ride on top of it, the non-profit Texas Marine Mammal Stranding Network says.
“She was ultimately stranded and was further harassed by a crowd of people on the beach where she later died before rescuers could arrive on scene,” the network wrote in a post on Facebook.
Quintana Beach County Park officials said the animal became stranded on the shore south of Houston on Sunday evening. According to Brazoria County, park staff were called to keep the public away from the dolphin, but it died before rescuers could arrive from Galveston.
“By then the perpetrators were long [gone] and the animal was dead,” Quintana Beach County Park officials said, calling the event “a tragedy.”
The dolphin was taken for a necropsy, a non-human autopsy, to see why it had become stranded, the county said.
The non-profit marine mammal group says people should not swim or interact with a stranded dolphin or whale, nor should they try to push them back to sea. Marine Mammal Protection Act regulations prohibit feeding and harassing marine mammals in the wild. The National Oceanic and Atmospheric Administration, which works with the Texas nonprofit, says to stay at least 50 yards away from such creatures.
NOAA officials said they were aware of the dolphin’s death and are seeking information about it.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-national/2022/04/16/stranded-dolphin-dies-after-beachgoers-attempt-to-swim-with-it/ | 2022-04-16T16:01:58Z |
US: Pfizer COVID-19 vaccine appears effective for kids under 5
WASHINGTON (AP) — Federal health officials said Sunday that kid-sized doses of Pfizer’s COVID-19 vaccines appear to be safe and effective for kids under 5, a key step toward a long-awaited decision to begin vaccinating the youngest American children.
The Food and Drug Administration posted its analysis of the Pfizer shot ahead of a Wednesday meeting where outside experts will vote on whether the shots are ready for the nation’s 18 million babies, toddlers and preschoolers. Kids under 5 are the only group not yet eligible for COVID-19 vaccination in the U.S.
Late last week the FDA posted a similar analysis of Moderna’s shots for children under 6.
If regulators clear the shots by one or both companies, vaccinations could begin as soon as next week with the drugmakers ready to rapidly ship doses ordered by the government. Parents have been pressing federal officials for months for the opportunity to protect their smallest children as more adults shed masks and abandon other public health precautions.
While only about 3% of U.S. COVID cases are in the age group 6 months to 4 years, hospitalization and death rates in that group are higher than those for older children, according to the FDA’s analysis — one reason experts have said protecting this group is important.
The FDA said children who received Pfizer’s shots during testing developed high levels of virus-fighting antibodies expected to protect them against coronavirus. That’s the basic threshold needed to win FDA authorization. But additional testing turned up key differences, with stronger results for Pfizer.
Pfizer’s vaccine, given as a three-shot series, appeared 80% effective in preventing symptomatic COVID-19, although that calculation was based on just 10 cases diagnosed among study participants. The figure could change as Pfizer’s study continues.
Moderna’s two-dose series was only about 40% to 50% effective at preventing milder infections, though the two companies’ shots were tested at different times during the pandemic, when different variants were circulating. Moderna has begun testing a booster for tots.
On Wednesday, the FDA will ask an independent panel of vaccine experts to debate both companies’ data before voting. The FDA is not required to follow the group’s recommendations, but the process is seen as a key step in publicly vetting the shots.
The FDA is expected to make its official decision shortly after Wednesday’s all-day meeting. The next step: the Centers for Disease Control and Prevention, which recommends how to use vaccines, will convene its own expert panel to debate which tots need vaccinations.
It’s not clear how much demand there will initially be for the shots. A recent survey suggests only 1 in 5 parents of young children would get their kids vaccinated right away. Vaccines have been available since November for older U.S. schoolchildren, yet less than a third of those ages 5 to 11 have gotten the two recommended doses, according to government figures.
For the youngest children, each company is offering different dose sizes and number of shots, beginning at 6 months through 4 years for Pfizer and through 5 years for Moderna.
Pfizer and its partner BioNTech plan to offer two shots three weeks apart followed by a third at least two months later — each one-tenth the dose given to adults. Pfizer is currently the only company with a COVID-19 vaccine for older U.S. children.
Moderna is seeking FDA clearance for two shots, each a quarter of its adult dose, given about four weeks apart.
The FDA currently allows Moderna’s vaccine to be used only in adults. But some countries allow full-size doses for teens and half-size shots for kids ages 6 to 11 — a step the FDA also is considering.
More than 30,000 U.S. children younger than 5 have been hospitalized with COVID-19 and nearly 500 coronavirus deaths have been reported in that age group, according to U.S. health officials.
The government allowed pharmacies and states to start placing orders for tot-sized doses last week, with 5 million initially available — half made by Pfizer and half by Moderna.
____
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/12/us-pfizer-covid-19-appears-effective-kids-under-5/ | 2022-06-13T00:38:54Z |
WASHINGTON, Aug. 1, 2022 /PRNewswire/ --NASA Television programming on the Galaxy 13 domestic satellite is moving from transponder 11 to transponder 15 this month.
The move is in line with the Federal Communications Commission's initiative to free up C-band bandwidth on domestic satellites in support of future 5G terrestrial communications efforts. Currently, both transponders are active. Distribution of NASA TV programming on transponder 11 will end on Monday, Aug. 29. As part of that transition, the modulation format will be changed from DVB-S/QPSK to DVB-S2/8PSK, which reduces the transponder's required bandwidth.
All NASA TV channels are available on the Galaxy 13 domestic satellite. It is important all affiliates and end-users begin to transition to the new transponder to prevent the loss of NASA TV programming.
NASA Television's channels NTV-1 – the Public/Education Channel – and NTV-3 – formerly the Media Channel – are in high definition. NTV-1 provides expanded programming of events of interest to the public and to educational audiences.
NTV-3 provides mission coverage, news conferences and video/audio material relevant to local, national, and international news-gathering organizations. News networks, their reporters, and other broadcast media organizations must tune their satellite receivers to the NTV-3 to ensure reception of clean feeds for all mission coverage, news conferences, and other agency distributed news and information.
NASA's Ultra High Definition (UHD) NTV-4 channel provides select live and recorded programing in a 2160p video format.
Specific parameters for each NASA TV channel are available at:
https://www.nasa.gov/content/nasa-tv-on-satellite-galaxy-13
View original content to download multimedia:
SOURCE NASA | https://www.kxii.com/prnewswire/2022/08/01/nasa-television-transponder-change-monday-aug-29/ | 2022-08-01T23:37:24Z |
Health Net Assisting Members Across California During State of Emergency
SACRAMENTO, Calif., Aug. 9, 2022 /PRNewswire/ -- In response to Gov. Gavin Newsom's declared state of emergency in California, Health Net is providing special assistance to assist members affected by monkeypox. Health Net wants to ensure its members have access to essential prescription medications, critical Health Net information and other healthcare services should their services be interrupted.
- During the duration of the state of emergency, members in California affected by monkeypox can obtain an emergency supply from the drug store where they originally filled their prescription.
- If their drug store is closed, members can call Health Net at 1-800-400-8987 for assistance.
Health Net members can also call MHN for coping support. MHN can offer referrals to mental health counselors, local services, or phone consultations. These services can help members cope with grief, stress, or trauma related to the viral disease. MHN operates their hotline 24 hours a day, seven days a week and can be reached at 1-800-227-1060.
If members cannot reach their primary care provider during a declared state of emergency, Health Net provides access to telehealth services at no cost. To make an appointment, members should reference the back of their Health Net ID card for more information on how to access telehealth services. Members can find this same information by registering with and logging on to HealthNet.com.
Doctors and nurse practitioners can call Health Net at 1-800-641-7761 for help with:
- Emergency prescription refill guidelines
- Escalating approvals to reduce approval turnaround times
- Approval for out-of-network treatments when in-network resources are unavailable
Depending on how long the members need additional assistance, Health Net may take additional steps to ensure its members have access to necessary healthcare services.
View original content to download multimedia:
SOURCE Centene / Health Net | https://www.kxii.com/prnewswire/2022/08/09/health-net-providing-special-assistance-members-affected-by-monkeypox/ | 2022-08-09T19:05:13Z |
WATERLOO, ON, April 7, 2022 /PRNewswire/ - ALORA, a pioneer in developing ocean agriculture to create a more sustainable future, today unveiled its new company brand and announced a first-of-its-kind innovation: salt-tolerant rice plants. Founded in 2019 as Agrisea, the company – now known as ALORA – will build on this milestone by commercialising salt-tolerant land varieties to enable restoration of land agriculture in the most salt-damaged regions on Earth. To further that endeavour, ALORA also announced $1.4 million in seed funding from investors including Toyota Ventures and Mistletoe.
Leveraging its revolutionary salt-tolerant technology, ALORA is starting with rice ocean agriculture, and has plans to expand into other crops, including grains, leafy greens, and herbs, whilst simultaneously adopting technologies to harness the energy of the oceans and the potential of the 3D water column for food production.
Since 2019, ALORA has been developing oceanic level salt-tolerant agriculture to solve world hunger. By understanding the capability of marine organisms to thrive in salt environments, it has solved the first step in this million-year mystery by developing the world's first truly salt-tolerant rice plants. These plants are thriving with high yields at salt levels of 12g/L and show an upper tolerance of 16g/L (ocean is 28-32g/L). ALORA's salt-tolerant rice varieties are outcompeting all other known alternatives. The company's first land agriculture plot will be in the Mekong Delta, Vietnam, and ALORA is now seeking partners for saline land agriculture.
The ALORA team was able to create expression in a dormant set of genes using their unique patent-pending editing technology. These selected genes create a pattern of effect responsible for ALORA's advanced salt-tolerant mechanism, allowing our plants to thrive in high salt environment. The company's top-performing genes increased in expression by 338,000x, 568,000x, and 2,500,000x compared to the unedited plants, activating a strong, reliable salt tolerance mechanism. With this incredible leap in salt-tolerance technology, ALORA has identified the path to allow their plants to grow in oceanic level salt, unlocking that oceanic tolerance level. Luke Young, CEO and Co-Founder of ALORA, said: "With ALORA, we thrive on the responsibility of being pioneers in our field. We will work with the transformative power of ocean agriculture to help humanity in the fight against climate change as we end world hunger.".
Toyota Ventures brings a wealth of experience and knowledge across industries and will be instrumental in introducing ALORA to a global community of innovators and customers. "ALORAs innovative approach to cultivating salt-tolerant crops is a game-changing trifecta that addresses the key issues related to climate change and the production of food, namely the release of greenhouse gas into the atmosphere (specifically methane), food security and land usage, as well as water conservation," said Lisa Coca, Climate Fund partner at Toyota Ventures. "This three-pronged approach is absolutely critical in evolving towards a sustainable future of food, and we look forward to supporting the Alora team in their journey."
The collective impact community at Mistletoe Singapore, a fund co-owned by Taizo Son and the Singaporean arm Managing Director Atsushi Taira, is also an invaluable resource that will help ALORA accelerate its mission.
ALORA's mission is to build a future where having enough food each day is no longer a luxury, but a basic right for every person, no matter where they are. Agriculture, itself, is suffering from sea-level rise, increased soil salinity, and farming methods that damage our environment. With the next world crisis likely to be a battle over freshwater, there is a lot that needs to change in how we grow our food.
ALORA was built to solve world hunger, and has evolved to create the sustainable future of food. We are the Ocean Agriculture company. We have developed a way to grow crops in high-salt conditions, such as salt soils in the Mekong Delta, or on our floating platforms in ocean saltwater.
View original content to download multimedia:
SOURCE ALORA | https://www.kxii.com/prnewswire/2022/04/07/alora-creates-salt-tolerant-rice-plants-rebrands-expand-scope-recieves-investment-toyota-ventures-mistletoe/ | 2022-04-07T16:47:31Z |
NEW YORK, July 22, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Apyx Medical Corporation (NASDAQ: APYX).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/apyx-medical-corporation-loss-submission-form/?id=30079&from=4
The lawsuit seeks to recover losses for shareholders who purchased Apyx between May 12, 2021 and March 11, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 5, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Apyx Medical Corporation issued materially false and/or misleading statements and/or failed to disclose that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/07/22/apyx-shareholder-alert-jakubowitz-law-reminds-apyx-shareholders-lead-plaintiff-deadline-august-5-2022/ | 2022-07-22T10:11:42Z |
Keith turns back the clock to help Oilers in playoffs
EDMONTON, Alberta (AP) — The Edmonton Oilers head home for Game 3 on Sunday night against the Calgary Flames after eveing the series at 1-1. Veteran defenseman Duncan Keith was a big reason why. He had a goal and two assists for the Oilers in the Game 2 win. He was also a calming presence on defense. He has brought that approach to a young, talented team that has generally underperformed in the postseason. Duncan spent years in Chicago, winning three Stanley Cups. The Oilers hope his experience will help them make a deep run of their own. | https://localnews8.com/sports/ap-national-sports/2022/05/21/keith-turns-back-the-clock-to-help-oilers-in-playoffs/ | 2022-05-22T03:02:41Z |
Expands commitment to social responsibility while making strong progress towards goal of procuring 100% of its power from carbon-free sources
OVERLAND PARK, Kan., July 19, 2022 /PRNewswire/ -- QTS Data Centers, a leading provider of hybrid colocation and mega scale data center solutions, today announced it has published its 2021 Environmental, Social and Governance (ESG) Report.
Available online here, the 2021 ESG Report has been prepared in accordance with the GRI Standards and the Sustainability Accounting Standards Board (SASB) real estate standards and aligns with the guidance of the Task Force on Climate-Related Financial Disclosures.
Named by Newsweek as one of America's most responsible companies in 2021, QTS expanded its commitment to social responsibility particularly in the areas of giving back to the community, supporting diversity and implementing success-based giving programs.
- QTS' Grow with QTS program has donated more than 50,000 trees planted across the United States to help with fire restoration, restore stripped mineland and restore forests and animal habitats.
- QTS' HumanKIND program delivers clean water in impoverished communities in need and has provided access to drinking water to over 11,000 people globally for a year.
- QTS has partnered with the U.S. Dream Academy to sponsor children of incarcerated parents in after-school programs that aim to break the cycle of intergenerational incarceration. In 2021, QTS sponsored 18 children in the U.S. Dream Academy.
Additionally, in 2021, QTS employees donated over 4,300 volunteer hours to various communities (the highest annual amount of hours contributed in the history of the QTS Community Impact program), and provided over 130 different organizations with charitable contributions amounting to over $1.7 million.
"We have made strong progress in establishing QTS as an industry leader through our innovative sustainability initiatives," said Chad Williams, CEO of QTS. "QTS' long-standing Core Values have established the foundation of our corporate sustainability program which prioritizes a servant leadership culture in the stewardship of our company, customers, partners and communities. As our business continues to grow, our responsibility to positively impact those around us will also grow. We look forward to this opportunity and will continue to challenge our organization in the pursuit of our cultural goals with purpose and transparency."
QTS' ESG report documents the Company's vision of enhancing the care and improvement of life and minimizing its carbon footprint through technology, manpower and advanced construction and procurement initiatives. Based on progress and success in 2021, the Company has updated its environmental goals as follows:
- Procure 100% of its power from carbon-free energy sources. In 2021, QTS made strong progress on its commitment to renewable energy procurement which includes the signing of a definitive 20-year agreement with Georgia Power subscribing to nearly 350 megawatts of new renewable energy to be added to the power grid supporting its Atlanta-Metro and Suwanee Georgia data center campuses. Factoring in this agreement, which takes effect in 2024, QTS has met its original goal with more than 100% of its 2018 baseline power being supported by renewable sources. QTS has set a goal of procuring carbon-free energy to support each new data center site that it develops, balancing the time to establish agreements that have the best outcomes for all of its stakeholders. As its portfolio grows, QTS will continue to make sustainable decisions for procuring carbon-free energy at all of its facilities.
- Portfolio-wide annual water-use effectiveness (WUE) reduction of 5%. QTS has achieved its initial water goal and on average QTS has conserved 15 million gallons of water annually since 2016. The Company is proud of its accomplishments in water conservation, and as the portfolio grows, QTS is adjusting its water conservation metric to enhance the tracking of its impact and efficiency. Going forward, the Company aims to measure year-over-year improvement in WUE.
- Report to GRESB, CDP, EcoVadis, RE100 and the EPA Green Power Partnership. Though QTS is no longer a public company and will not be measured by certain public ratings groups, QTS will continue to pursue a goal of transparency in reporting ESG data by voluntarily reporting to those respected institutions.
- Design 100% of QTS buildings to Green Building Standards and Energy Star certifications for all eligible properties. Shifting to meet the needs of its growing footprint, QTS will continue to design to green building standards, supporting its commitment to continually enhance energy efficiency at all of its existing and new buildings.
- Install EV charging stations at 75% of QTS' facilities by 2025. QTS achieved the original goal of installing EV charging stations at 75% of its facilities. This has been an especially successful program with QTS customers, communities and employees. Now that the Company has now accomplished this goal, it will incorporate the installation of Electric Vehicle (EV) charging stations in the standard design for all new buildings.
- Recycle 90% of its operational waste by 2025. At the end of 2021, QTS had recycled over 1.7 billion pounds of material and recycled 74.5% of its operational waste. Waste and materials usage are becoming larger topics in the industry's sustainability efforts, QTS is diligently approaching its waste tracking and recycling through site level programs and new initiatives.
QTS was acquired by Blackstone (NYSE: BX) in 2021. Eric Duchon, Global Head of ESG for Blackstone Real Estate, and Greg Blank, Senior Managing Director in Blackstone's Infrastructure business, said, "Blackstone is proud of the incredible work our portfolio companies are doing to support a stronger, more sustainable economy, which we believe also enhances their value. We look forward to continuing to work with QTS as they execute on their commitment to reduce carbon emissions, contributing to a more resilient, cleaner energy future, while giving back to the communities in which they operate."
About QTS Data Centers
QTS Data Centers, LLC is a leading provider of data center solutions across a diverse footprint spanning more than 9 million square feet of owned mega scale data center space within North America and Europe. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities. QTS is a Blackstone portfolio company. Visit QTS at www.qtsdatacenters.com, call toll-free 877.QTS.DATA or follow on Twitter @DataCenters_QTS.
Media Contact:
Carter B. Cromley
(703) 861-7245
carter.cromley@qtsdatacenters.com
View original content to download multimedia:
SOURCE QTS Realty Trust, Inc. | https://www.wibw.com/prnewswire/2022/07/19/qts-publishes-annual-environmental-social-governance-esg-report/ | 2022-07-19T13:46:03Z |
Walmart employee accused of stealing $225,000 from store
EVANSVILLE, Ind. (WFIE/Gray News) - A Walmart employee in Indiana is accused of stealing thousands of dollars while on the job.
WFIE reports an investigation started in May when representatives from the asset protection department at Walmart came to the Evansville Police Department to report a theft.
Authorities said an asset protection employee told them that another employee, Kyesha Moredock, had possibly taken about $225,000.
Evansville police said that Walmart provided surveillance video of Moredock reportedly violating the company’s cash control procedure.
Walmart officials said the video showed Moredock taking money to her car from April through May, which totaled $46,000.
Authorities said Walmart only had video of Moredock stealing the $46,000, but the company believed the total amount was about $225,000.
According to police records, officials questioned Moredock about the reported theft in an interview. She denied the allegation and blamed the loss on a software glitch.
Evansville police said she told them she worked at Walmart for two years and part of her job was to take money to and from the self-checkout registers.
An officer said he questioned Moredock about surveillance video he saw of her breaking the store’s cash control procedures. An affidavit states that she admitted to violating Walmart’s cash control policy but wouldn’t admit to stealing the money.
Officials said she eventually requested an attorney and stopped speaking to officers.
According to authorities, Moredock was arrested and is facing several theft charges.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/06/walmart-employee-accused-stealing-225000-store/ | 2022-09-06T19:57:41Z |
Man drives over 100 mph while drunk, killing 2 women, unborn child, police say
OMAHA, Neb. (WOWT/Gray News) – A man in Nebraska is accused of killing two women, one of them pregnant, when he crashed into their vehicle driving faster than 100 mph while drunk, prosecutors say.
Court documents filed Wednesday show that Zachary Paulison, 22, left Addy’s bar — where a bartender offered to call him a ride — five minutes before the crash on March 31. Documents say he was on the road for just three minutes, reaching a maximum speed of 104.7 miles, before he crashed into the victims’ vehicle at 102.3 mph. Crash investigators found no indicators of braking before Paulison hit the other vehicle.
Sara Zimmerman, 37, a corrections officer at the Douglas County Jail who was eight months pregnant, and Amanda Schook, 38, died at the crash scene.
That night, a blood draw indicated Paulison had a 0.161 blood alcohol content, records state. He was taken to a hospital with serious injuries after the crash.
Investigators found that Paulison had several drinks over the course of two hours at The Mark before heading to Addy’s at 7:27 p.m. that evening. He also tested positive for cannabinoids, court records state.
Paulison made his first appearance in court on Thursday. He was booked Wednesday into Sarpy County Jail on two counts of DUI motor vehicle homicide, Class 2A felonies; and one count of death of an unborn child, a Class 3A felony that could carry a sentence of up to three years.
“This is a primary example of one of the worst scenarios when you drive drunk,” Douglas County Attorney Don Kleine said. “How many times does this have to happen before people change their behavior?”
Paulison’s bond was set at $1 million.
Copyright 2022 WOWT via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/07/man-drives-over-100-mph-while-drunk-killing-2-women-unborn-child-police-say/ | 2022-04-07T22:01:28Z |
Scottsdale, Ariz., June 7, 2022 /PRNewswire/ -- Viavi Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced the availability of ApexNow, an app integration between VIAVI Observer Apex and ServiceNow IT Operations Management (ITOM) and Telecommunications Service Operations Management. ApexNow provides IT teams with immediate access to the VIAVI patented End User Experience (EUE) scoring model, further accelerating problem identification, analysis and resolution for users of Observer and the ServiceNow Platform®. The Observer ApexNow application is available from the ServiceNow Store today.
According to the State of the Network survey from VIAVI, NetOps and SecOps teams are managing the new work-from-anywhere paradigm, and supporting a surge in unified communications, all while reckoning with a skills gap. The ApexNow application enables technicians with varied levels of training to quickly isolate issues by network, server, application or client domain, or by physical location. The VIAVI EUE Score is underpinned by a machine learning process providing insight into the root cause of a degradation to allow for an automated remediation process to be executed using the power of the ServiceNow Platform.
"Enterprises are grappling with increasing network complexity and security threats while facing a labor and skills gap. They need to equip their workforces with intuitive tools that will speed identification and resolution of issues from anywhere," said Rohit Batra, head of telecommunications, media & technology product at ServiceNow. "The integration of the VIAVI EUE Score into the ServiceNow platform is a terrific example of such user friendliness and efficiency, enabling our joint customers to stay ahead of IT and service issues."
"Over the last year, VIAVI and ServiceNow have collaborated to allow our customers to utilize our combined technologies and enhanced product capabilities in ways that are game-changing in day-to-day operations," said Chris Labac, Vice President and General Manager, Network Performance and Threat Solutions, VIAVI. "The ApexNow App integration is one visible result of this, building on a significant partnership and a focus on bringing impactful innovations to our customers."
About VIAVI
VIAVI (NASDAQ: VIAV) is a global provider of network test, monitoring and assurance solutions for communications service providers, enterprises, network equipment manufacturers, government and avionics. We help these customers harness the power of instruments, automation, intelligence and virtualization to Command the network. VIAVI is also a leader in light management solutions for 3D sensing, anti-counterfeiting, consumer electronics, industrial, automotive, and defense applications. Learn more about VIAVI at www.viavisolutions.com. Follow us on VIAVI Perspectives, LinkedIn, Twitter, YouTube and Facebook.
ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.
View original content to download multimedia:
SOURCE VIAVI Solutions | https://www.kxii.com/prnewswire/2022/06/07/viavi-integrates-automated-end-user-experience-scoring-problem-domain-isolation-with-servicenow/ | 2022-06-07T11:50:24Z |
NEW YORK, July 21, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in IonQ, Inc. ("IonQ" or the "Company") (NYSE: IONQ) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of IonQ investors who were adversely affected by alleged securities fraud between March 30, 2021 and May 2, 2022. Follow the link below to get more information and be contacted by a member of our team:
IONQ investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) IonQ had not yet developed a 32-qubit quantum computer; (2) the Company's 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ's quantum the computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) a significant portion of IonQ's revenue was derived from improper roundtripping transactions with related parties; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were the materially misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in IonQ during the relevant time frame, you have until August 1, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
View original content to download multimedia:
SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/07/21/ionq-lawsuit-alert-levi-amp-korsinsky-notifies-ionq-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-21T11:09:34Z |
Company's Open Kitchen Platform Delivers Unprecedented Operational Improvements for Inspire locations
NEWTON, Mass., June 7, 2022 /PRNewswire/ -- Powerhouse Dynamics, the leading provider of Internet of Things (IoT)-based solutions to improve restaurant and retail performance, has received a Maverick Award from Inspire® Brands, Inc. as the company's most innovative equipment supplier.
Powerhouse Dynamics President Jay Fiske and his colleague Robb Stanek accepted the award during a recent Inspire Brands Supplier Awards Ceremony and Reception in Atlanta.
The recognition is based on Powerhouse Dynamics' achievements with various Inspire Brands companies, including Arby's, Buffalo Wild Wings, and Dunkin'. Powerhouse Dynamics' Open Kitchen® platform is installed in more than 3,000 Inspire locations. The solution connects HVAC, refrigeration, cooking, and other equipment to cloud-based analytics and controls to drive operational efficiencies and utility savings, along with enhanced food safety, reduced labor content, and consistent product quality.
Peter Cryan, Vice President of Equipment and Automation, Inspire Brands, praised Powerhouse Dynamics for their "innovation and support," noting that "they set themselves apart by … doing what's never been done before."
"We are thrilled to be recognized for helping Inspire find new ways to delight their customers while increasing efficiencies and savings," said Mr. Fiske. "It is an honor to be recognized by their accomplished team."
About Powerhouse Dynamics
Founded in 2009 and acquired by The Middleby Corporation in 2019, Powerhouse Dynamics of Newton, MA is the leading provider of "Internet of things" (IoT)-based solutions to connect, analyze and control equipment to deliver enterprise-wide operational efficiencies. To learn more, visit powerhousedynamics.com.
About Inspire Brands
Inspire Brands is a multi-brand restaurant company whose current portfolio nearly 32,000 Arby's, Baskin-Robbins, Buffalo Wild Wings, Dunkin', Jimmy John's, Rusty Taco, and SONIC Drive-In locations worldwide, including more than 9,200 restaurants outside the United States. The company was founded in 2018 and is headquartered in Atlanta, Georgia. For more information, visit InspireBrands.com.
View original content to download multimedia:
SOURCE Powerhouse Dynamics | https://www.wibw.com/prnewswire/2022/06/07/internet-things-leader-powerhouse-dynamics-receives-maverick-award-innovation-inspire-brands/ | 2022-06-07T17:14:07Z |
WHIPPANY, N.J., July 11, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH), a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and investor in low carbon fuel alternatives announced the appointment of President and CEO, Michael Stivala, to the position of Chairperson for the New Jersey Regional Council of the American Red Cross, effective July 1, 2022.
As a national corporate partner of the American Red Cross, Suburban Propane provides support where it is needed most: aiding with blood collection efforts, supporting safety events in underserved communities, and providing propane and other resources in the wake of natural disasters.
"As one of the most influential non-profit organizations in the world, the American Red Cross has been on the front lines of many of the most significant humanitarian efforts in history," said Michael Stivala, President and CEO of Suburban Propane. "Through the national partnership that Suburban Propane has enjoyed since 2012, as well as through my personal engagement with the many leaders, volunteers and employees of the Red Cross, I have gained first-hand knowledge of its critical mission in serving local communities here in New Jersey, and around the world. I am truly honored to accept this appointment, and I would like to thank the members of the New Jersey Regional Council for their support and trust in me."
Mr. Stivala has served on the Regional Council of the American Red Cross New Jersey Region since January 2020. As Chairperson, he will work closely with members of the New Jersey Regional Council, providing insight and guidance to help drive continued growth for the New Jersey Region. The New Jersey Region includes three chapters and three blood donation centers, and serves more than 8.8 million people living in the state1.
"Our American Red Cross region is fortunate to have the national headquarters of Suburban Propane located right here in New Jersey, where we can enjoy engaging Mike and his amazing team in local initiatives while helping to facilitate their national support," said Rosie Taravella, Regional CEO, American Red Cross New Jersey Region. "Mike's business acumen and tremendous passion for our mission will serve our Regional Council well as he begins this term as Chairman."
In addition to his role on the New Jersey Regional Council, Mr. Stivala's board appointments include: Member of the Board of Supervisors of Suburban Propane Partners, L.P. since November 2014; Member of the Board for Oberon Fuels since October 2020; Member of the Board for the International DME Association since October 2021; and Member of the Board for Independence Hydrogen since March 2022.
1 https://www.redcross.org/local/new-jersey.html
Suburban Propane Partners, L.P. is a publicly traded master limited partnership listed on the New York Stock Exchange under the ticker symbol SPH. Headquartered in Whippany, New Jersey, Suburban has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and an investor in low carbon fuel alternatives. The Partnership serves the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 700 locations across 42 states. The Partnership is supported by three core pillars: (1) Suburban Commitment – showcasing the Partnership's 90+ year legacy, and ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores the Partnership's commitment to excellence in customer service; (2) SuburbanCares – highlighting the Partnership's continued dedication to giving back to local communities across the Partnership's national footprint and (3) Go Green with Suburban Propane - promoting the clean burning and versatile nature of propane and renewable propane as a bridge to a green energy future and developing the next generation of renewable energy. For additional information on Suburban Propane, please visit www.suburbanpropane.com.
View original content to download multimedia:
SOURCE Suburban Propane Partners, L.P. | https://www.kxii.com/prnewswire/2022/07/11/suburban-propane-president-amp-ceo-appointed-chairperson-new-jersey-regional-chapter-american-red-cross/ | 2022-07-11T13:57:57Z |
- Q1 2022 revenues were down year-over-year but comparable quarter-over-quarter, consistent with expectations set at the Company's full year 2021 conference call on April 4, 2022
- Q1 2022 AssetCare™ Over Time revenues were down 38% at C$4.0 million for the quarter compared to C$6.4 million in Q1 2021, comparable to the C$3.9 million seen in Q4 2021
- Q1 2022 total revenues were down 40% at C$4.4 million for the quarter compared to C$7.4 million in Q1 2021, modestly higher than the C$4.2 million seen in Q4 2021
- Added 774 new connected assets in the quarter including assets from large implementation of the Company's AssetCare indoor air quality solution at Slate Life Plaza building in Calgary
- As announced on May 5, 2022, Company closed first US$15 million in funding from partnership with Carbon Royalty Corp as demand for Company's EV charging optimization solution at auto dealerships off to a strong start in 2022
- Growth activities in the Middle East, Canada, and Europe expected to see significant ramp going forward into 2023
- Structure defined for retirement of the Company's 2019 convertible debenture by June 30, 2022
VANCOUVER, BC, May 16, 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 its financial results for the first quarter ended March 31, 2022 ("Q1 2022").
mCloud President and CEO Russ McMeekin commented on the results:
"mCloud's results in the first quarter of 2022 were in line with what was discussed at our last conference call for the fourth quarter and full year 2021 on April 4, 2022, reflecting the impact of impeded use of mCloud solutions up to the end of March."
"We saw a modest uptick in the addition of new connected assets this past quarter. Among the new assets we added in Q1 2022 was the installation of AssetCare at the Slate Life Plaza building in Calgary, which we originally announced in November 2021. This is mCloud's first major high-rise commercial building using our indoor air quality solution. The before-and-after results of buildings with our solution continue to showcase the measurable impact and positive benefits we have on buildings seeking the safe return of occupants to the workplace."
"In addition to the ongoing success we are seeing in our buildings business, we are well-positioned for growth across all segments. In June, we plan to begin scaling our business in Saudi Arabia. As evidenced by our recent press announcement in early May, our wind customers in Europe are returning to work. We believe our business in Europe will continue to grow throughout the year and beyond heading into 2023."
"Numerous customer sites tied to our upstream digital oilfield initiatives based out of our ESG-Digital Hub in Houston are now entering contracting. Recent moves in the United States to implement new stringent policies and reduce methane emissions coupled with high oil prices have made our AssetCare solutions at the wellsite especially relevant. As discussed at our last conference call, we are in a position to see strong growth in this segment."
"In the past quarter, Alberta and the rest of Canada began returning to work. We look forward to this return, bringing with it the opportunity for us to take our full portfolio of AssetCare solutions to new and existing customers across the country."
The Company noted today it had filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ("SEC") on May 11, 2022. The Form F-1 outlines a proposed offering for sale of 9.0% Series A Cumulative Perpetual Preferred Shares, no par value, with a US$25.00 liquidation preference per share (the "Series A Preferred Shares").
Each Series A Preferred Share is proposed to be sold with one-half of one warrant (each, a "Warrant", and together, the "Warrants") to purchase one common share. The Warrants would be exercisable on the date of issuance and expire on November 29, 2026, at an exercise price per common share equal to $4.75. The Company currently intends to use the net proceeds of the offering for the retirement of the company's Convertible Debentures due on June 30, 2022.
The offering is subject to market conditions and the receipt of all required regulatory and stock exchange approvals, including the effectiveness of the registration statement on Form F-1, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Additional details are available in the Form F-1 available under mCloud's profile on EDGAR at www.sec.gov. This press release is being made pursuant to, and in accordance with, Rule 134 under the Securities Act of 1933, as amended (the "Securities Act"), and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.
As announced on May 5, 2022, mCloud closed US$15 million in funds from its partnership with Carbon Royalty Corp in support of the Company's implementation of AssetCare EV charging optimization solutions at auto dealerships.
The Company reiterated its expectations for 2022 remain consistent with what was discussed at mCloud's last earnings conference call on April 4, 2022.
Q1 2022 Revenue Highlights
All figures in millions of Canadian dollars
In the table above, the Company has provided a summary of quarterly revenues compared year-over-year to the first quarter ended March 31, 2021 ("Q1 2021"), and quarter-over-quarter to the fourth quarter ended December 31, 2021 ("Q4 2021"). The Company believes the quarter-over-quarter comparison provides useful and relevant context to compare current quarter performance as it relates to current operating conditions.
Consistent with the discussion at mCloud's last earnings conference call on April 4, 2022, Q1 2022 revenues were down year-over-year. Q1 2022 AssetCare Over Time revenues were C$4.0 million for the quarter compared to C$6.4 million in Q1 2021, but consistent with the C$3.9 million seen in Q4 2021.
Q1 2022 total revenues were C$4.4 million for the quarter compared to C$7.4 million in Q1 2021, but higher compared to C$4.2 million in Q4 2021.
The Company added 774 new connected assets in the quarter reaching a cumulative total of 64,550 connected assets.
Operating EBITDA, defined as gross profit less all direct expenses, saw a loss of C$6.7 million in Q1 2022. As AssetCare revenues return to pre-pandemic levels, the Company expects gross profit contributions to exceed the costs incurred from direct expenses, which will drive a positive Operating EBITDA in late 2022.
Q1 2021 Conference Call
The Company will host a conference call at 10:00 am EDT on May 17, 2022 to discuss the financial results. The conference call will include prepared remarks from Russ McMeekin, Chief Executive Officer, and Chantal Schutz, Chief Financial Officer. After the prepared remarks, the Company will accept questions.
To access the conference call by telephone, dial 416-764-8659 or 1-888-664-6392 with the confirmation number 41593877. Please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The conference call will be archived for replay by telephone until May 24, 2022 at midnight (ET). To access the archived conference call, dial 1-888-390-0541 and enter the reservation number 593877.
A live audio webcast of the conference call along with slides will be available at https://bit.ly/3wdaXTR. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The webcast will be archived at the above website for one year.
About mCloud Technologies Corp.
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, 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. mCloud's convertible debentures trade on the TSX Venture Exchange under the symbol MCLD.DB. For more information, visit www.mcloudcorp.com.
Non-GAAP Measure
Selected financial information for the three-month periods ended March 31, 2022, December 31, 2021, and March 31, 2021 set out above include reference to "Operating EBITDA," which is not recognized under International Financial Reporting Standards and is a non-generally accepted accounting principle ("Non-GAAP") measure.
The Company defines Operating EBITDA attributed to shareholders as gross profit less all expenses related to sales and marketing, wages, salaries, and benefits, research and development, and general and administrative activities.
The Company believes Operating EBITDA is a useful measure as it provides important and relevant information to management about the operating and financial performance of the Company. Operating EBITDA enables management to assess its ability to generate operating cash flow to fund future working capital needs, and to support future growth.
This information should be read in conjunction with the unaudited consolidated financial statements for the quarter ended March 31, 2022 and the audited consolidated financial statements for the year ended December 31, 2021 along with mCloud's MD&As for the corresponding periods, which are available under mCloud's profile on SEDAR at www.sedar.com and EDGAR at www.sec.gov.
Forward-Looking Information and Statements
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 Company's plans to begin scaling its business in Saudi Arabia, plans to bring AssetCare solutions to new and existing customers in Canada, and the Company's expected growth in Europe and its wind business.
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.
View original content:
SOURCE mCloud Technologies Corp. | https://www.mysuncoast.com/prnewswire/2022/05/16/mcloud-announces-first-quarter-2022-financial-results/ | 2022-05-16T23:17:49Z |
ST. LOUIS, June 30, 2022 /PRNewswire/ -- Spartech, a leading manufacturer of engineered thermoplastics and custom packaging solutions, is pleased to announce the promotion of three team members. They include: Danny Puran to Operations and Technology Manager, Polycast of the Stamford, Connecticut location; Jason Thomas to Plant Manager of the Greenville, Ohio location; and Todd Chastain to Converting Operations Manager of the Crawfordsville, Indiana location.
"Danny, Jason, and Todd are all talented individuals who are valuable members of the Spartech team," said Spartech CEO John Inks. "Their leadership expertise within their new roles will help us continue to serve as a reliable and responsive partner to our valued customers."
Puran has been with Spartech for over 30 years and has extensive experience with cast acrylics. In his new role, he will continue to manage the Stamford, CT plant but will also be responsible for PolyCast technology and special projects.
Thomas came to Spartech Greenville in August, 2021 as the Manufacturing Manager after four years with GE Aviation as a Manufacturing Engineer and over nine years of active duty in the U.S. Navy working as a nuclear electrician. Jason continues to serve in the U.S. Navy in a reserve capacity.
Chastain has been with the company for over 25 years and has extensive experience with the printing and converting processes. Over the years he has held positions in Pre-Press and Graphic Design, and has served as Lead Operator, Supervisor and most recently as Manager of Quality, Safety and Associate Development.
Headquartered in St. Louis, Missouri with a unique innovation center and 16 manufacturing facilities located throughout the United States, Spartech is a leading plastics manufacturer of engineered thermoplastic materials and specialty packaging products. Meeting exact standards for everything from food packaging to aerospace and automotive applications, Spartech continues to make a world of difference with sustainable, diverse, reliable, and innovative products including UltraTuf™, Royalite®, Korad™, PreservaPak™, and Polycast®. https://spartech.com
Media Contact:
For Spartech
Sheldon Ripson
sheldon@spokemarketing.com
636-751-5733
View original content to download multimedia:
SOURCE Spartech | https://www.mysuncoast.com/prnewswire/2022/06/30/spartech-announces-new-staff-promotions/ | 2022-06-30T16:08:56Z |
The company's latest chipset offers device makers another high-performance option for flagship smartphones
HSINCHU, Taiwan, June 21, 2022 /PRNewswire/ -- MediaTek today announced the Dimensity 9000+, an enhancement to the company's top-of-the-line 5G smartphone chipset. This new high-end offering delivers a boost in performance over the Dimensity 9000 to make the next generation of flagship smartphones even more powerful and efficient.
The new Dimensity 9000+ system-on-chip (SoC) integrates Arm's v9 CPU architecture with a 4nm octa-core process, combining one ultra-Cortex-X2 core operating at up to 3.2GHz (compared to 3.05GHz with the Dimensity 9000) with three super Cortex-A710 cores and four efficiency Cortex-A510 cores. The advanced CPU architecture and Arm Mali-G710 MC10 graphics processor built into the new chipset provide more than a 5% boost in CPU performance and more than 10% improvement in GPU performance.
"Building on the success of our first flagship 5G chipset, the Dimensity 9000+ ensures that device makers always have access to the most advanced high-performance features and the latest mobile technologies, making it possible for their top-tier smartphones to stand out," said Dr. Yenchi Lee, Deputy General Manager of MediaTek's Wireless Communications Business Unit. "With a suite of top-tier AI, gaming, multimedia, imaging and connectivity features, the Dimensity 9000+ delivers faster gameplay, seamless streaming and an all-around better user experience."
The Dimensity 9000+ is the latest addition to the Dimensity 9000 series of flagship smartphone chipsets, which are designed for the growing bandwidth demands of the mobile market. The integrated LPDDR5X supports 8MB L3 CPU cache and 6MB of system cache. Additionally, the chipset integrates MediaTek's fifth generation Application Processor Unit (APU 5.0) for powerful AI computing capabilities in a power-efficient design.
Key features of the MediaTek Dimensity 9000+ include:
- MediaTek Imagiq 790: The flagship 18-bit HDR-ISP supports 320MP, as well as simultaneous triple camera 18-bit HDR video recording. The powerful 9Gpixel/s ISP also supports 4K HDR Video + AI noise reduction that enables the highest quality results even in extreme low-light scenarios.
- Leading 3GPP Release-16 5G Modem: The integrated 5G modem amplifies sub-6GHz performance up to 7Gbps downlink using 3CC Carrier Aggregation (300MHz) and supports R16 UL enhancement. The Dimensity 9000+ also integrates 5G/4G Dual SIM Dual Active support and MediaTek's 5G UltraSave 2.0 power-saving enhancement suite for improved efficiency.
- MediaTek MiraVision 790: The Dimensity 9000+ supports the latest 144Hz WQHD+ displays or super-fast 180Hz FullHD+ displays, while optimizing power efficiency with MediaTek's Intelligent Display Sync 2.0 technology. Furthermore, MediaTek's latest Wi-Fi Display technology can support up to 4K60 HDR10+ video.
- Wi-Fi 6E, New GNSS with Beidou III-B1C and New Bluetooth 5.3: Smartphone users can enjoy seamless connectivity thanks to the chip's support for the latest Wi-Fi, Bluetooth and GNSS standards.
Smartphones powered by the MediaTek Dimensity 9000+ are expected to be released in Q3 2022.
To learn more about MediaTek's mobile platform, please visit: https://i.mediatek.com/mediatek-5g.
About MediaTek Inc.
MediaTek Incorporated (TWSE: 2454) is a global fabless semiconductor company that enables nearly 2 billion connected devices a year. We are a market leader in developing innovative systems-on-chip (SoC) for mobile, home entertainment, connectivity and IoT products. Our dedication to innovation has positioned us as a driving market force in several key technology areas, including highly power-efficient mobile technologies, automotive solutions and a broad range of advanced multimedia products such as smartphones, tablets, digital televisions, 5G, Voice Assistant Devices (VAD) and wearables. MediaTek empowers and inspires people to expand their horizons and achieve their goals through smart technology, more easily and efficiently than ever before. We work with the brands you love to make great technology accessible to everyone, and it drives everything we do. Visit www.mediatek.com for more information.
MediaTek Press Office:
PR@mediatek.com
Kevin Keating, MediaTek
+1- 206-321-7295
10188 Telesis Ct #500, San Diego, CA 92121, USA
View original content:
SOURCE MediaTek Inc. | https://www.mysuncoast.com/prnewswire/2022/06/21/mediatek-expands-flagship-smartphone-performance-with-dimensity-9000/ | 2022-06-22T00:00:01Z |
Industry leader announces agreement to sell business to ensure long-term stability and the uninterrupted continuation of business operations
CHICAGO, June 23, 2022 /PRNewswire/ -- Gold Standard Baking, LLC ("Gold Standard"), North America's largest manufacturer of croissants and a leading manufacturer of dough-based sweet baked goods, yesterday announced that 37 Baking Holdings, LLC ("37 Baking"), a company backed by significant North American family offices, in partnership with the Gold Standard management team, has agreed to acquire Gold Standard's assets and continue its current operations in Chicago.
The proposed acquisition is being facilitated by a Chapter 11 filing yesterday in Delaware by Gold Standard and its parent, Gold Standard Holdings, Inc. Gold Standard has sought customary relief from the court to ensure its operations proceed as usual. Gold Standard has sought approval to consummate the sale promptly, subject to any higher and better offers that may be submitted through the court supervised process, but in the meantime will continue to satisfy customer orders, pay vendors and employ its valuable employees. Since 2018, Gold Standard has continually improved operations and implemented key initiatives to improve performance, setting a strong foundation for future growth and the opportunity to sell the business.
"To navigate the changing economic climate, we have developed a plan that will unburden Gold Standard's business of excessive debt and sell its assets to a new owner who will build on and continue our longstanding success in the baked goods industry," said Haq Chaudary, President and CEO. "We look forward to executing on this negotiated strategy swiftly and efficiently, and continuing our business in its next chapter."
Houlihan Lokey is serving as investment banker, Riveron as financial advisor and Klehr Harrison Harvey Branzburg LLP as legal advisor to Gold Standard. Bernstein Shur is serving as legal advisor to 37 Baking.
Information on the Chapter 11 process can be accessed at https://omniagentsolutions.com/GoldStandard
About 37 Baking Holdings, LLC
37 Baking Holdings, LLC ("37 Baking") was formed by a consortium of North American family offices to acquire the assets of Gold Standard Baking ("Gold Standard") and provide the business with a base of long-term, permanent capital. Other meaningful investors include management, led by CEO, Haq Chaudary, who will continue to lead the business going forward. 37 Baking investors have deep value creation experience in a variety of industries, including food and real estate, with a long-term outlook on growing sustainable businesses. Gold Standard is North America's largest manufacturer of fully-baked croissants and a leading manufacturer of sweet baked goods.
View original content:
SOURCE 37 Baking Holdings, LLC | https://www.kxii.com/prnewswire/2022/06/23/gold-standard-baking-signs-agreement-sell-business-operations-37-baking-holdings-llc/ | 2022-06-23T19:12:54Z |
NEW HAVEN, Conn., July 7, 2022 /PRNewswire/ -- Trevi Therapeutics, Inc. (Nasdaq: TRVI), a clinical-stage biopharmaceutical company developing an investigational therapy Haduvio™ (oral nalbuphine ER) for prurigo nodularis and chronic cough in idiopathic pulmonary fibrosis (IPF), today announced that senior management will be attending The Twelfth London International Cough Symposium being held in London and virtually from July 13th – 14th.
The 12th LICS brings together clinicians and scientists in a forum to discuss the latest research advances and evolving ideas relating to acute and chronic cough in clinical disease, pathophysiological mechanisms, and novel treatments for cough.
To register for the event, please click here.
Trevi Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on the development and commercialization of the investigational therapy Haduvio for the treatment of prurigo nodularis and chronic cough in adults with idiopathic pulmonary fibrosis. These conditions share a common pathophysiology that is mediated through opioid receptors in the central and peripheral nervous systems.
Founded in 2011, Trevi Therapeutics is headquartered in New Haven, CT.
Haduvio, an investigational therapy, is an oral extended-release (ER) formulation of nalbuphine. Nalbuphine is a mixed ĸ-opioid receptor agonist and µ-opioid receptor antagonist that has been approved and marketed as an injectable for pain indications for more than 20 years in the United States and Europe. The ĸ- and µ-opioid receptors are known to be critical mediators of itch, cough and certain movement disorders. Nalbuphine's mechanism of action may also mitigate the risk of abuse associated with µ-opioid agonists because it antagonizes, or blocks, µ-opioid receptors. Parenteral nalbuphine is not currently scheduled as a controlled substance by the DEA in the United States or by regulatory authorities in most of Europe. Trevi intends to propose Haduvio as the trade name for nalbuphine ER. Nalbuphine ER has been granted Fast Track designation by the FDA for the proposed indication of reduction of moderate to severe pruritus in adults with prurigo nodularis. Its safety and efficacy have not been evaluated by any regulatory authority.
Investor Contact
Katie McManus
Trevi Therapeutics, Inc.
203-304-2499
k.mcmanus@trevitherapeutics.com
Media Contact
Rosalia Scampoli
914-815-1465
rscampoli@marketcompr.com
View original content to download multimedia:
SOURCE Trevi Therapeutics, Inc. | https://www.kxii.com/prnewswire/2022/07/07/trevi-therapeutics-attend-twelfth-london-international-cough-symposium-12th-lics/ | 2022-07-07T12:28:07Z |
Issuance of U.S. Patent 11,247,902 B2 Further Bolsters JanOne Inc.'s Intellectual Patent Portfolio
LAS VEGAS, June 7, 2022 /PRNewswire/ -- JanOne Inc. (Nasdaq: JAN), a company that focuses on the development of drugs with non-addictive, pain-relieving properties, announced today that a patent was issued that covers a method of improving nerve function using JAN101. JAN101 (formerly known as TV1001SR), is a potential treatment for peripheral artery disease (PAD), a vascular disease that affects more than 8.5 million people in the U.S. and more than 60 million people worldwide.
"This patent further protects JanOne Inc.'s product for use in treating PAD by extending the use of JAN101 to treat the nerve damage caused by microvascular disease," said Dr. Tony Giordano, JanOne Inc.'s Chief Scientific Officer. "Microvascular disease is a major problem for PAD patients: it leads to restricted blood flow in the affected limb, which in turn leads to nerve damage and severe pain. Recent studies have in fact suggested that PAD is a microvascular disease, so the observation that JAN101 improves microvascular and nerve function is crucial in treating this disease."
Dr. Amol Soin, a leading pain physician and JanOne's Chief Medical Officer, added, "We believe that nerve damage plays a major role in promoting pain and thus studied whether JAN101 could improve nerve sensory velocity and nerve sensory conductance in a previous trial I oversaw. Our previous studies showed that JAN101 improved nerve conduction velocity, which leads us to believe that it may not only improve pain but could also improve nerve function."
This method for treating pain was co-discovered by Dr. Christopher Kevil, Vice Chancellor for Research and Dean of the School of Graduate Studies at LSU Health Shreveport. This newly approved patent is owned by LSU Health Shreveport and is exclusively licensed to JanOne Inc. It is the latest United States patent to be issued in connection with JanOne's Inc.'s PAD and pain development program.
Forward Looking Statements
This press release contains statements that are forward-looking statements as defined within the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the fact that JAN101 will treat PAD, the timing of the commencement of clinical trials, that the FDA will permit approval through a 505(b)(2) pathway, that upon approval JAN101 will immediately disrupt the PAD market, and other statements including words such as "continue", "expect", "intend", "will", "hope" "should", "would", "may", "potential" and other similar expressions. Such statements reflect JanOne Inc.'s current view with respect to future events, are subject to risks and uncertainties, and are necessarily based upon a number of estimates and assumptions that, while considered reasonable by JanOne Inc., are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause JanOne Inc.'s actual results, performance or achievements to be materially different from any future results, performance or achievements described in this press release. Such factors could include, among others, those detailed in the Company's periodic reports filed with the Securities and Exchange Commission (the "SEC").
Should one or more of these risks or uncertainties materialize, or should the assumptions set out in the section entitled "Risk Factors" in JanOne Inc.'s filings with the United States Securities and Exchange Commission underlying those forward-looking statements prove incorrect, actual results may vary materially from those described herein. These forward-looking statements are made as of the date of this press release and JanOne Inc. does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by law. JanOne Inc. cannot assure that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Individuals are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.
About JanOne Inc.
JanOne Inc. is a unique Nasdaq-listed company offering innovative, actionable solutions that it believes can help create an end to the opioid crisis. JanOne Inc. is dedicated to funding resources toward innovation, technology and education to find a key resolution the national opioid epidemic, which is one of the deadliest and widespread in the country's history. The company continues to operate its legacy business – ARCA Recycling – under its current brand name. JanOne Inc's subsidiary, ARCA Recycling, recycles household appliances by providing turnkey recycling and replacement services for utilities and other sponsors of energy efficiency programs. Please visit www.janone.com for additional information.
Investor Relations & Media Contact
IR@Janone.com
1 (800) 400-2247
View original content to download multimedia:
SOURCE JanOne Inc. | https://www.mysuncoast.com/prnewswire/2022/06/07/janone-inc-announces-issuance-us-patent-covering-method-improving-nerve-function-using-jan101/ | 2022-06-07T13:14:37Z |
Business Technology Solution Provider Expands Partnership with InspireCIO; Now Underwrites Four of InspireCIO's Chapters in Philadelphia, Charlotte, Tennessee and Alabama
PHILADELPHIA, Aug. 23, 2022 /PRNewswire/ -- Anexinet + Veristor, a leading strategy, technology and transformation service provider, today announced that it has expanded its partner relationship with InspireCIO and has become the underwriter of InspireCIO's PhillyCIO chapter of Philadelphia Chief Information Officers. PhillyCIO joins the list of InspireCIO chapters currently underwritten by Anexinet + Veristor who also currently underwrites InspireCIO's CharlotteCIO, TennesseeCIO and AlabamaCIO chapters.
"We are honored to mark our support and commitment to the success of Philadelphia-area CIOs by underwriting the educational, inspirational and strategic programs delivered by PhillyCIO," said John Kolimago, Executive Vice President and General Manager, Anexinet. "The InspireCIO Leadership Network has become a valued resource for C-suite technology executives as they navigate critical technology initiatives and strategic decisioning for businesses across every industry. It is a privilege to support CIOs as an underwriter of this valued leadership network across four regional chapters."
As a PhillyCIO underwriter, Anexinet + Veristor will collaborate with the InspireCIO Leadership Network as it fosters meaningful relationships by hosting non-commercial, member-led programs that are exclusive to qualified CIOs and members. Programs are designed to help CIOs gain strategic advantage by developing and strengthening executive relationships, growing the network and sharpening leadership acumen.
"Anexinet + Veristor has been a valued underwriter for multiple InspireCIO chapters, and we are pleased to recognize them with underwriter status for our PhillyCIO organization," said Frank Bell, Founder, InspireCIO. "At InspireCIO, we know there is no textbook on how to become a great CIO. Yet, by surrounding yourself with other leaders who face similar challenges and opportunities, InspireCIO members find the answer is in the room. By connecting, recognizing and inspiring CIOs, we are empowering members to achieve their full leadership potential."
As an underwriter of PhillyCIO, Anexinet + Veristor will also be program underwriters of the annual Philadelphia CIO of the Year® ORBIE® Awards. The premier technology executive recognition program in Philadelphia, the Philadelphia CIO ORBIE Awards honor chief information officers who have demonstrated excellence in technology leadership. For more information, visit: https://phillycio.org/awards.
Anexinet + Veristor is a leading provider of transformative business technology that delivers intelligent, full-stack engagement strategies and solutions and modern, secure infrastructure products and services. The combined company, which recently announced its merger, guides customers to the right solutions for their most complex technology challenges and accelerates the time-to-value for the software, infrastructure and systems they deploy. From engaging front-end interactions to dependable back-end solutions, Anexinet + Veristor jointly delivers a full suite of technology strategy, design, engineering, deployment, support, and managed service offerings. The combined organization has a record of client success which springs from a culture rooted in thought leadership and decades of delivery excellence. Working shoulder-to-shoulder with customers at every step of their technology journey, Anexinet + Veristor makes technology truly work. Learn more at anexinet.com and veristor.com.
The InspireCIO Leadership Network is the preeminent peer leadership network for CIOs which represents more than 1,000 CIOs across 25 chapters from coast to coast. InspireCIO programs are made possible through the corporate support of strategic partners known as Underwriters. These organizations represent the highest-level investors in local chapters and the senior executives of Underwriter organizations are regarded as peers by the CIOs serving on Advisory Board of these local chapters. For more information, visit www.inspirecio.com and www.phillycio.org.
View original content to download multimedia:
SOURCE Veristor Systems, Inc. | https://www.kxii.com/prnewswire/2022/08/23/anexinet-veristor-named-underwriter-inspirecios-phillycio-chapter-philadelphia-chief-information-officers/ | 2022-08-23T13:41:22Z |
NEW YORK, Aug. 25, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and a fintech service provider, announced today that FTFT UK Limited ("FTFT UK"), a company organized under the laws of United Kingdom and a wholly owned subsidiary of the Company, participated in eight orientation meetings in Beijing, Shanghai, Hangzhou and Shenzhen for Chinese students entering study abroad programs in the UK. These meetings were organized by the University of Manchester and 21 other universities located in the Manchester area in the UK.
The purpose of the Company's participation in the Chinese student study abroad orientation meetings was to promote FTFT UK's Orbit E-Wallet app which includes providing account opening services pending Orbit's official launch. The Orbit E-Wallet app uniquely offers free accounts pre-approved by FTFT UK when student applicants pre-open accounts prior to their travel to the UK. As a result of the promotion, there has been a large increase in the number of social media followers of FTFT UK and numerous inquiries on how to open an Orbit E-Wallet account following the student orientation meetings in China.
The Orbit E-Wallet app is an electronic wallet that integrates popular e-wallet functions similar to Alipay and Wechat pay. With the first version of the app, account holders will be able to send money and experience discount shopping. It also integrates most of the core services that traditional banks offer such as international remittances, transfer payments, a physical debit card and bill payments. By the end of 2022, the Orbit app will enable account holders to communicate with friends, remit red envelopes (monetary gifts), and start a group buying program with merchants.
The Orbit E-Wallet app contains potentially powerful functions that are designed for ease of use, which FTFT UK believes will generate highly satisfied user experiences. The app provides convenience for overseas Chinese students and newcomers who will settle in the UK and solves the issue of cross-border remittance. It is expected that the Orbit app will be the first e-wallet in the UK to provide free account openings as well as integrated remittance services for Chinese students and expatriates in the UK.
Upon its launch, users will be able to download the app from Google play and Apple's app store. For details, please visit the official website of the FTFT UK Orbit at www.ftftorbit.com.
Bo Sun, Chief Executive Officer of FTFT UK commented, "The UK study abroad orientation meetings provided an excellent platform for us to promote the FTFT Orbit E-Wallet app which was wholly developed and designed by our FTFT UK team. We believe that our unique 'know your customer' and our account opening process will make adoption of the app easy, and the Orbit app will provide unprecedented convenience as well as a spectrum of services for Chinese students who are entering the UK."
About Future FinTech Group Inc.
Future FinTech Group Inc. is a blockchain application technology developer and fintech service provider incorporated in Florida. The Company's operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), supply chain financing services, asset management, and cryptocurrency market data services. The Company is also engaged in the development of blockchain based e-Commerce technology and cryptocurrency mining, cryptocurrency investment management as well as financial service technology and business. For more information, please visit http:/www.ftft.com/.
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2021 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
IR Contact:
Future FinTech Group Inc.
Tel: +1-888-622-1218
Email: ir@ftft.com
View original content to download multimedia:
SOURCE Future FinTech Group Inc. | https://www.kxii.com/prnewswire/2022/08/25/ftft-uk-plans-e-wallet-orbit-launch-chinese-students-studying-uk/ | 2022-08-25T12:58:19Z |
Parties Agreed to Establish a Center for Maritime V2G at Maine Maritime Academy To Advance Programs and Capabilities such as Interoperability Qualification, Data Science, Cybersecurity and Artificial Intelligence, focused on Energy and Maritime Applications Research for V2G
SAN DIEGO and CASTINE, Maine, Aug. 10, 2022 /PRNewswire/ -- Nuvve Holding Corp. (Nasdaq: NVVE), a global cleantech company electrifying the planet through its intelligent energy platform, and Maine Maritime Academy (MMA), a public maritime college focused on engineering, management, science, and transportation, signed a Memorandum of Understanding (MOU) to create a framework of vehicle-to-grid (V2G) clean-energy solutions across a myriad of maritime applications. With MMA's concerted efforts in engineering and technology for maritime applications, the collaboration is a perfect fit for Nuvve's efforts to expand their technology into nautical applications.
Nuvve is known for commercially deploying its patented vehicle-to-grid (V2G) technology, which aggregates stored energy from electric vehicle (EV) batteries and forms a virtual power plants that can add capacity to the grid and perform services that help stabilize the grid and prevent blackouts.
"The Center for Maritime V2G established by Nuvve and MMA will serve as an operational maritime V2G hub to demonstrate the application of Nuvve's V2G technology in maritime use cases at ports, islands and waterways," said Ted Smith, president and Chief Operating Officer of Nuvve. "Integrating Nuvve's patented V2G technology into maritime infrastructure enables electrified transportation – including marine vessels – to become valuable grid resources."
MMA will expand its current academic and certification programs to include delivery of workforce training in V2G-related data science, operations, cybersecurity, and artificial intelligence. This will also include interoperability qualification, which is critical to test and qualify combinations of vehicles/vessels/stationary storage and charging stations with Nuvve's V2G platform.
"The programs developed through this strategic collaboration will allow Nuvve to dive deeper into the use of maritime V2G, while also developing cybersecurity risk management and AI tools specifically for maritime industry projects and applications," said Gregory Poilasne, co-founder and CEO of Nuvve. "This 'vessel-to-grid' solution can impact a variety of maritime use cases, where ships and other vessels can store and give energy back to grids via ports, islands and waterways."
"We are always looking for new ways to involve students in cutting-edge technologies and projects that have real-world applications," said Jerry Paul, President of Maine Maritime Academy. "This exciting collaboration which involves real-world applications will help better prepare students by unlocking new, innovative technologies and services to help communities and the planet move forward into a world less reliant on fossil fuels."
For more information about Maine Maritime Academy, please visit www.mma.edu. For information about V2G and the projects Nuvve has deployed around the world, visit www.nuvve.com.
Nuvve Holding Corp. (Nasdaq: NVVE) is leading the electrification of the planet, beginning with transportation, through its intelligent energy platform. Combining the world's most advanced vehicle-to-grid (V2G) technology and an ecosystem of electrification partners, Nuvve dynamically manages power among electric vehicle (EV) batteries and the grid to deliver new value to EV owners, accelerate the adoption of EVs, and support the world's transition to clean energy. By transforming EVs into mobile energy storage assets and networking battery capacity to support shifting energy needs, Nuvve is making the grid more resilient, enhancing sustainable transportation, and supporting energy equity in an electrified world. Since its founding in 2010, Nuvve has successfully deployed V2G on five continents and offers turnkey electrification solutions for fleets of all types. Nuvve is headquartered in San Diego, Calif. and can be found online at nuvve.com.
Nuvve and associated logos are among the trademarks of Nuvve and/or its affiliates in the United States, certain other countries and/or the EU. Any other trademarks or trade names mentioned are the property of their respective owners.
Maine Maritime Academy is a co-educational, public college on the coast of Maine offering 22 programs of study in engineering, management, science, and transportation to promote the maritime interests of the United States. The college serves approximately 950 undergraduate and graduate students in career-oriented degree programs. The job placement rate for MMA graduates is approximately 90 percent within 90 days of graduation with very high paying jobs. The college is consistently recognized for providing a high-value education by organizations such as the Brookings Institution, U.S. News and World Report, and Money Magazine. The 2022 Report by Georgetown University ranked MMA #1 among all public colleges for return on investment for low-income students at public bachelor's degree institutions.
The information in this press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Nuvve and Nuvve's strategy, future operations, estimated and projected financial performance, prospects, plans and objectives are forward-looking statements. When used in this press release, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Nuvve disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Nuvve cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Nuvve. In addition, Nuvve cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) risks related to the rollout of Nuvve's business and the timing of expected business milestones; (ii) Nuvve's dependence on widespread acceptance and adoption of electric vehicles and increased installation of charging stations; (iii) Nuvve's ability to maintain effective internal controls over financial reporting (iv) Nuvve's current dependence on sales of charging stations for most of its revenues; (v) overall demand for electric vehicle charging and the potential for reduced demand if governmental rebates, tax credits and other financial incentives are reduced, modified or eliminated or governmental mandates to increase the use of electric vehicles or decrease the use of vehicles powered by fossil fuels, either directly or indirectly through mandated limits on carbon emissions, are reduced, modified or eliminated; (vi) potential adverse effects on Nuvve's backlog, revenue and gross margins if customers increasingly claim clean energy credits and, as a result, they are no longer available to be claimed by Nuvve; (vii) the effects of competition on Nuvve's future business; (viii) risks related to Nuvve's dependence on its intellectual property and the risk that Nuvve's technology could have undetected defects or errors; (ix) the risk that we conduct a portion of our operations through a joint venture exposes us to risks and uncertainties, many of which are outside of our control; (x) that our joint venture with Levo Mobility LLC may fail to generate the expected financial results, and the return may be insufficient to justify our investment of effort and/or funds; (xi) changes in applicable laws or regulations; (xii) the COVID-19 pandemic and its effect directly on Nuvve and the economy generally; (xiii) risks related to disruption of management time from ongoing business operations due to our joint ventures; (xiv) risks relating to privacy and data protection laws, privacy or data breaches, or the loss of data; (xv) the possibility that Nuvve may be adversely affected by 3 other economic, business, and/or competitive factors, including increased inflation and interest rates, and the Russian invasion of Ukraine; and (xvi) risks related to the benefits expected from the $1.2 trillion dollar infrastructure bill passed by the U.S. House of Representatives (H.R. 3684). Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the Annual Report on Form 10-K filed by Nuvve with the Securities and Exchange Commission (SEC) on March 31, 2022, and in the other reports that Nuvve has, and will file from time to time with the SEC. Nuvve's SEC filings are available publicly on the SEC's website at www.sec.gov.
View original content to download multimedia:
SOURCE Nuvve Corporation | https://www.wibw.com/prnewswire/2022/08/10/nuvve-maine-maritime-academy-apply-vehicle-to-grid-v2g-solutions-maritime-industry-use-cases/ | 2022-08-10T14:51:29Z |
- ATG-101 is a novel PD-L1/4-1BB bispecific antibody. It is Antengene's first in-house developed molecule with global rights.
- ATG-101 demonstrates potent in vivo efficacy in anti-PD-1/PD-L1 resistant mouse tumor models.
SHANGHAI and HONG KONG, Aug. 2, 2022 /PRNewswire/ -- Antengene Corporation Limited ("Antengene" SEHK: 6996.HK), a leading innovative, commercial-stage global biopharmaceutical company dedicated to discovering, developing and commercializing first-in-class and/or best-in-class therapeutics in hematology and oncology, today announced that the first patient has been dosed in the Phase I PROBE-CN trial to evaluate ATG-101 as a monotherapy in patients with advanced/metastatic solid tumors or B-cell non-Hodgkin lymphoma (B-NHL) in China.
Shanghai East Hospital of Tongji University is the lead site for the study, which will be conducted at four centers across China. This open-label, multicenter Phase I study is designed to assess the safety and tolerability of intravenously administered ATG-101 monotherapy in patients with advanced/metastatic solid tumors and B-NHL. The study will be conducted in two parts (dose-escalation and a dose-expansion).
ATG-101 is a novel PD-L1/4-1BB bispecific antibody that was designed to block the binding of immunosuppressive PD-1/PD-L1 and conditionally induce 4-1BB stimulation, thus activating anti-tumor immune effectors, while delivering enhanced anti-tumor activity, with an improved safety profile. In preclinical studies, ATG-101 demonstrated significant anti-tumor activity in animal models of resistant tumors as well as those that progressed on anti-PD-1/L1 treatment. Furthermore, ATG-101 has also shown an excellent safety profile in Good Laboratory Practice (GLP) toxicology studies.
"Since many patients with advanced cancer are resistant to existing chemotherapy, targeted drugs, and monoclonal antibodies or relapse in a short time after receiving treatment, there is an urgent need for innovative therapies that can improve treatment options. Increasing evidence suggests that bispecific antibodies will become a critical component of cancer therapy. We are excited to have the opportunity to collaborate with a number of prominent investigators in China to conduct the first clinical study of ATG-101, a novel PD-L1/4-1BB bispecific antibody," said Professor Ye Guo, Deputy Director of Medical Oncology at Shanghai East Hospital of Tongji University, Director of the hospital's center for Phase I trials, and principal investigator of the study. "ATG-101 has a high affinity for PD-L1 and can achieve conditional activation of 4-1BB agonist, which is expected to bring a lower risk of systemic toxicity, particularly the hepatotoxicity that has been seen with previous agonists of 4-1BB. We hope that ATG-101 will demonstrate efficacy and safety, and bring a new treatment option to patients with resistant or relapsed cancers."
"The development of novel therapies to improve and advance the care of patients with resistant, relapsed, or advanced cancers is central to Antengene's mission. Compounds that combine the well-established efficacy of inhibition of the PD-1/PD-L1 axis with activation of 4-1BB represent a fascinating opportunity in oncology. In our view, ATG-101's ability to activate exhausted T-cells and render 'cold tumors' hot has the potential to open the door to wide applicability in resistant/relapsed diseases. These qualities,together with a robust preclinical data package, position ATG-101 to be a potentially best-in-class molecule." said Dr. Kevin Lynch, Antengene's Chief Medical Officer.
About ATG-101
ATG-101 is a novel PD-L1/4-1BB bi-specific antibody being developed for the treatment of advanced/metastatic solid tumors and B-cell non-Hodgkin lymphoma (B-NHL). ATG-101 was designed to activate anti-tumor immune effectors by forming a cell-antibody-cell trimer to simultaneously block the binding of PD-L1/PD-1 and induce 4-1BB stimulation. In PD-L1 over-expressing cancer cells, ATG-101 has shown potent PD-L1 crosslinking-dependent 4-1BB agonist activity, with the potential for delivery of enhanced therapeutic efficacy whilst mitigating the risk of hepatoxicity.
Data presented at the Annual Meeting of Society for Immunotherapy in Cancer (SITC) in 2021 showed that ATG-101 was active in anti-PD-L1 resistant and relapsed tumor models. ATG-101's unique safety and efficacy properties make it a promising potential therapy for solid tumors and hematological cancers. To date, ATG-101 has received regulatory clearances in Australia, U.S., and China to enter a Phase I clinical study for the treatment of advanced/metastatic solid tumors and NHL. The study has already been initiated in Australia and China and is in the process of initiation in the U.S.
About Antengene
Antengene Corporation Limited ("Antengene", SEHK: 6996.HK) is a leading commercial-stage R&D-driven global biopharmaceutical company focused on the discovery, development, manufacturing and commercialization of innovative first-in-class/best-in-class therapeutics for the treatment of hematologic malignancies and solid tumors, in realizing its vision of "Treating Patients Beyond Borders".
Since 2017, Antengene has built a broad and expanding pipeline of 15 clinical and preclinical assets, of which 10 are global rights assets, and 5 came with rights for Asia Pacific markets including the Greater China region. To date, Antengene has obtained 24 investigational new drug (IND) approvals in the U.S. and Asia, and submitted 6 new drug applications (NDAs) in multiple Asia Pacific markets, with the NDA for XPOVIO® (selinexor) already approved in mainland China, South Korea, Singapore and Australia.
Forward-looking statements
The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect. In this article, statements of, or references to, our intentions or those of any of our Directors or our Company are made as of the date of this article. Any of these intentions may alter in light of future development. For a further discussion of these and other factors that could cause future results to differ materially from any forward-looking statement, see the section titled "Risk Factors" in our periodic reports filed with the Hong Kong Stock Exchange and the other risks and uncertainties described in the Company's Annual Report for year-end December 31, 2021, and subsequent filings with the Hong Kong Stock Exchange.
For more information, please contact:
Investor Contacts:
Donald Lung
E-mail: Donald.Lung@antengene.com
Mobile: +86 18420672158
PR Contacts:
Peter Qian
E-mail: Peter.Qian@antengene.com
Mobile: +86 13062747000
View original content to download multimedia:
SOURCE Antengene Corporation Limited | https://www.wibw.com/prnewswire/2022/08/03/antengene-announces-first-patient-dosed-probe-cn-study-atg-101-pd-l14-1bb-bispecific-antibody-treatment-solid-tumors-non-hodgkin-lymphoma/ | 2022-08-03T02:04:53Z |
Kansas Game Wardens remind hunters to clean up spent shotgun shells
TOPEKA, Kan. (WIBW) - Kansas Game Wardens have reminded hunters to take their spent shotgun shells with them after they finish hunting on public lands.
Kansas Department of Wildlife and Parks Game Wardens say on Wednesday, Sept. 14, that they would like to remind responsible hunters that, when hunting on Kansas Public Lands, spent shotgun shells are considered waste materials. These should be collected and carried out before leaving.
KDWP said what is pictured is just a small part of spent shells collected last week in a cleanup at Hillsdale WFA by public lands’ staff.
Game Wardens said they hope hunters enjoy their time hunting waterfowl but would like them to continue to work together to maintain the quality of the Sunflower State’s public lands for this and future generations.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/14/kansas-game-wardens-remind-hunters-clean-up-spent-shotgun-shells/ | 2022-09-14T20:21:41Z |
Anthology's survey reveals push-pull dilemma facing students balancing work with studies, highlights benefits of linking degree programs and careers
BOCA RATON, Fla., May 4, 2022 /PRNewswire/ -- Anthology, a leading provider of education solutions that support the entire learner lifecycle, today announced the results of its 2022 National Student Success Survey: Opportunities to Grow Student Success and Career Preparation. Findings revealed that students, especially those at-risk or first-generation, want more online offerings in learning and administrative support and value a clear connection between their program of study and future career.
"Student populations are more diverse than ever and shaping a student's learning experience to best fit their life is critical to supporting their academic and career goals," said Richa Batra, Vice President of Student Success at Anthology. "As the global education community attempts to navigate what learning and career preparation will look like in the post-pandemic era, this survey underscores that providing a personalized experience delivered online will play a profound role going forward."
Students Lean into Online for Both Learning and Support
Nearly four in 10 students prefer taking asynchronous online courses with no set meeting time. Only 13 percent of respondents desire fully in-person learning. Online courses are even more important for non-traditional students, with about half of students over 25 years old preferring asynchronous delivery and 70 percent of first-generation students preferring either synchronous or asynchronous online courses. Students also want the option to meet virtually with faculty members, ranking it highest among virtual support and learning options.
Rising Work Obligations Strain Student Completion
A total of 43 percent of students identified being able to finance their education as a challenge. And more than four in 10 reported a moderate or significant increase to the amount of time they spend working part or full-time in a paid position since the start of the pandemic. This highlights the push-pull dilemma for learners who have competing obligations and how rising financial concerns can potentially derail their learning journey. More than half of surveyed students also noted more time spent on assignments and class, potentially intensifying stress and making it more difficult to find the balance needed to complete courses and meet life obligations.
The Value of College and Tying Skills to Careers
Of students who received information about which careers their program of study prepares them for, 40 percent noted a positive impact on staying enrolled. This rose to nearly 50 percent for first-generation students. First-generation college students were also less likely to recognize securing a better job as a benefit of their education compared to continuing-generation students. This gap reinforces the need for institutions to continually educate students on the benefits of a college degree, particularly first-generation students.
Anthology's 2022 National Student Success Survey targeted students across the country currently enrolled in four-year higher education institutions as well as community colleges with 1,165 students completing the survey. For more information and to access the report, click here.
About Anthology
Anthology offers the largest EdTech ecosystem on a global scale for education, recently combining with Blackboard to support more than 150 million users in 80 countries. With a mission to provide dynamic, data-informed experiences to the global education community, Anthology helps learners, leaders and educators achieve their goals through over 60 SaaS products and services designed to advance learning. Discover more about how we are fulfilling our mission for K-12, higher education, business and government institutions at www.anthology.com.
Contact:
Chelcee Coffman
Anthology
704-615-7603
View original content to download multimedia:
SOURCE Anthology | https://www.wibw.com/prnewswire/2022/05/04/survey-finds-at-risk-first-gen-students-view-online-learning-foundation-future-success/ | 2022-05-04T14:16:55Z |
- Provides Share Repurchase Update
HOUSTON, July 5, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 201 dealerships located in the U.S. and U.K., today announced that it has closed on the disposition of its Brazil operations. The Company also provided a year-to-date update on its share repurchase activity.
- Disposition of Brazil Operations
The Company announced that its wholly-owned subsidiary GPI SA, LLC closed the sale transaction under the Share Purchase Agreement (the "Agreement") with Original Holdings S.A., a sociedade por ações incorporated in Brazil and an affiliate of Simpar S.A, a publicly listed company in Brazil ("Original"), with UAB Motors Participações Ltda., a wholly-owned subsidiary of Group 1, as an intervening party ("UAB"). Under the terms of the Agreement, Original acquired 100% of the issued and outstanding equity interests of UAB from the Company for BRL 510 million in cash (the "Transaction").
As of year-end 2021, UAB operated 16 dealerships representing Land Rover, BMW, Honda and Toyota which generated BRL 1.7 billion in annual revenue.
"I want to thank our employees in Brazil for their dedication and work ethic over the past nine years of Group 1's ownership. This great team was instrumental in the development of a very successful and professional automotive dealership group. As announced last year, our strategic decision to exit the Brazilian market and redeploy capital to other growth opportunities is in the best interest of our shareholders. We look to continue growth via acquisitions in both the U.S. and U.K. markets, while also returning capital to our shareholders," said Earl J. Hesterberg, Group 1's President and Chief Executive Officer.
For additional details regarding the Transaction, please see the information contained in the Form 8-K filed on November 15, 2021.
The investment firm of Laplace Finanças Empreendimentos Participações Ltda acted as financial advisor to Group 1 Automotive, Inc. - Share Repurchases
The Company also updated its year-to-date share repurchase activity of 1,437,729 shares of common stock at an average price of $176.74 for a total of $254.1 million, which represents 8.3 percent of Group 1's outstanding share count at January 1, 2022. Purchases may be made from time to time, based on market conditions, legal requirements, and other corporate considerations, in the open market or in privately negotiated transactions. The Company expects that any repurchase of shares will be funded by cash from operations. Repurchased shares will be held in treasury.
ABOUT GROUP 1 AUTOMOTIVE, INC.
Group 1 owns and operates 201 automotive dealerships, 268 franchises, and 46 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.
Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, www.facebook.com/group1auto, and www.twitter.com/group1auto.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements often include statements regarding our goals, plans, projections and guidance regarding our financial position, results of operations and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of manufacturer incentives, (c) the future regulatory environment, (d) our ability to obtain an inventory of desirable new and used vehicles, (e) our relationship with our automobile manufacturers and the willingness of manufacturers to approve future acquisitions, (f) our cost of financing and the availability of credit for consumers, (g) our ability to complete acquisitions and dispositions and the risks associated therewith, (h) foreign exchange controls and currency fluctuations, (i) the impacts of COVID-19 and the armed conflict in Ukraine on our business and the supply chains upon which our business is dependent, (j) the impacts of any potential global recession, (k) our ability to maintain sufficient liquidity to operate, and (l) our ability to successfully integrate recent and future acquisitions. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
Investor contacts:
Jason Babbitt
Vice President, Treasurer
Group 1 Automotive, Inc.
jbabbitt@group1auto.com
Media contacts:
Pete DeLongchamps
Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automotive, Inc.
pdelongchamps@group1auto.com
or
Clint Woods
Pierpont Communications, Inc.
713-627-2223
cwoods@piercom.com
View original content:
SOURCE Group 1 Automotive, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/05/group-1-automotive-disposes-brazil-operations/ | 2022-07-05T11:54:42Z |
After one of the wildest offseasons in NFL history featuring blockbuster trades, rapid free-agency movement, record-setting contracts and plenty of off-field drama, the regular season is almost here.
Are you ready for some football?
The Buffalo Bills visit the defending Super Bowl champion Los Angeles Rams in two weeks to kick off the season in prime time.
If the action on the field matches the offseason excitement, it’ll be a season for the ages.
NFL news dominated sports headlines throughout the spring and summer.
Tom Brady retired in February, returned in March, took an 11-day break from training camp in August and enters his third season with the Tampa Bay Buccaneers seeking his eighth Super Bowl ring at age 45.
Russell Wilson, Matt Ryan, Carson Wentz and Baker Mayfield were among the quarterbacks on the move. Tyreek Hill, Davante Adams, A.J. Brown and Amari Cooper led the list of star wide receivers who also were traded.
Deshaun Watson was dealt from Houston to Cleveland but the Browns will have to wait three months for the three-time Pro Bowl quarterback to make his debut. Watson must serve an 11-game suspension as part of a settlement with the NFL following accusations of sexual misconduct by two dozen women.
Former Dolphins coach Brian Flores filed a racial discrimination lawsuit against the league before the end of last season. Miami was penalized for tampering with Brady and coach Sean Payton, who stepped down after 15 seasons in New Orleans.
Dan Snyder’s team got a new name — Commanders — and Washington’s owner finally testified last month before a congressional committee investigating the team’s history of workplace misconduct.
Those were the biggest stories that kept the NFL atop news cycles. Now, attention turns to playing the games and finding out who will hoist the Lombardi Trophy in Arizona in February.
The Rams, Buccaneers and Packers are the top three teams in the NFC, per FanDuel Sportsbook’s Super Bowl odds. The Bills, Chiefs and Chargers are the top three betting favorites in the AFC.
Matthew Stafford and Sean McVay will try to become the first QB-coach duo to win consecutive Super Bowls since Brady and Bill Belichick did it in New England in 2003-04. The Rams, however, must replace seven starters, including Von Miller.
Brady’s return gives Tampa a legitimate shot to win its second title in three years. But the Buccaneers suffered major losses on the offensive line in camp. Pro Bowl center Ryan Jensen and left guard Aaron Stinnie went down with significant knee injuries.
The Buccaneers also have a new coach. Bruce Arians retired and was replaced by defensive coordinator Todd Bowles.
“You either get the job done or you don’t,” Brady said. “There’s only one team that is really happy at the end of the year and it is the team that wins.”
The Packers gave Aaron Rodgers a three-year, $150.8 million contract extension but lost Adams, leaving a major void on offense. Rodgers already criticized the team’s young receivers, saying they need to be more consistent.
The Cowboys could emerge into a championship contender but Dallas will have a tough time holding off Philadelphia in the NFC East, which hasn’t seen a repeat division winner since the Eagles won four titles in a row from 2001-04.
Josh Allen and the Bills are the odds-on favorites in a conference filled with competitive teams. Buffalo has to find a way to get past its playoff failures after last season’s collapse in Kansas City.
The Bills have the league’s most talented roster, boasting a dynamic offense and a stingy defense. Winning in January is the biggest obstacle Buffalo has to overcome.
“Nothing we did last year is going to carry over to this year,” Allen said.
Like the Packers, the Chiefs traded away their top receiver, sending Hill to Miami. But Patrick Mahomes still has Travis Kelce and other playmakers around him.
Kansas City’s road through the AFC West has never been more challenging. The Chiefs have to go through Justin Herbert and the Chargers, Wilson and the Broncos and Derek Carr and the Raiders.
Meanwhile, don’t count out the Bengals. They have to avoid the hangover that often plagues teams coming off a loss in the Super Bowl. If a retooled offensive line protects Joe Burrow, who was the most-sacked quarterback in the league last year, Cincinnati should be in the mix.
Eighteen weeks, 272 games and then playoffs.
Let’s go.
___
Follow Rob Maaddi on Twitter at https://twitter.com/robmaaddi
___
More AP NFL coverage: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/ap-nfl-news-dominates-headlines-even-during-the-offseason/ | 2022-08-25T19:51:16Z |
BELLEVUE, Wash., July 28, 2022 /PRNewswire/ -- Icertis, the contract intelligence company that pushes the boundaries of what's possible with contract lifecycle management (CLM), announced today that former SAP President and VMware COO, Sanjay Poonen, has joined the Icertis Advisory Board as a Strategic Advisor. Mr. Poonen, a proven enterprise SaaS leader with experience scaling multi-billion-dollar businesses and spearheading product innovation, will help guide Icertis in shaping and optimizing its growth trajectory.
The data within contracts has emerged as a critical asset for true digital transformation. Icertis' Contract Intelligence (ICI) platform structures and connects the business data in a company's contracts and delivers artificial intelligence (AI), automation, and insights that ensure the intent of every contract in the enterprise is correctly memorialized and fully realized.
"Icertis has seized the opportunity to lead the booming CLM category with AI-powered contract intelligence technology that unearths the data within contracts and integrates that data with other systems of record, such as ERP, CRM, SRM, and HCM," said Icertis Strategic Advisor Sanjay Poonen. "Myriad use cases of the cloud-based Icertis platform, combined with the company's expanded SAP partnership, among others, signal both vast business value and market opportunity. I'm looking forward to helping Icertis solidify its place in SaaS history as the world's Contract Intelligence platform."
Mr. Poonen joins the distinguished Icertis Advisory Board with decades of experience driving growth for market-leading SaaS companies. From 2006-2013 he served as President at SAP, where he ran analytics, big data, and industry solutions, contributing to the company's ascent from $10 billion in revenue to $20 billion. Following SAP, he was COO of VMware, a top provider of multi-cloud services for apps, where he oversaw all business functions, led efforts to grow revenue from $7 billion to $12 billion, and ran VMware's End-User Computing and Security businesses. Mr. Poonen also has extensive board and advisory experience with companies such as Zoom, Infor, Royal Philips NV, and Snyk.
"Sanjay's track record is unique in the world of enterprise software—he has led the strategy and doubling of revenues for two of the most celebrated companies in the technology space," said Samir Bodas, CEO and Co-founder of Icertis. "As important, his business values and approach to company culture align perfectly with Icertis' FORTE values and culture. I am honored to have Sanjay join us and contribute his technology and operational expertise as Icertis transforms enterprise contracting—the foundation of all commerce."
Icertis has been consistently recognized for its record growth, market leadership, employer practices, and contract management software innovations. The company has earned top-tier analyst, partner, and industry accolades and awards in recent years, such as inclusion on the Forbes Cloud 100, Deloitte's Technology 500 List, and Inc.'s Best-Led Companies in America.
About Icertis
With unmatched technology and category-defining innovation, Icertis pushes the boundaries of what's possible with contract lifecycle management (CLM). The AI-powered, analyst-validated Icertis Contract Intelligence (ICI) platform turns contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Today, the world's most iconic brands and disruptive innovators trust Icertis to govern the rights and commitments in their 10 million+ contracts worth more than $1 trillion in 40+ languages and 90+ countries.
Contact
Liza Colburn
Director of Corporate Communications
Liza.colburn@icertis.com
+1 (781) 562-0111
View original content to download multimedia:
SOURCE Icertis | https://www.mysuncoast.com/prnewswire/2022/07/28/distinguished-tech-executive-sanjay-poonen-joins-icertis-advisory-board/ | 2022-07-28T14:10:42Z |
(AP) — “Hamilton” creator Lin-Manuel Miranda, pop star Ricky Martin and award-winning actress/singer Michaela Jae Rodriguez joined the Hispanic Federation this summer to launch an advocacy initiative to serve Latinx LGBTQ+ communities.
The Advance Change Together initiative will provide 20 Latinx nonprofits grants of $25,000 to $50,000 to support their efforts and infrastructure in those communities. The Hispanic Federation, the national nonprofit dedicated to Latino empowerment, will fund the initiative with a $1 million grant for the first two years. But it hopes to encourage other donors to support and expand the program, which will also convene a summit to set a national agenda for LGBTQ+ groups.
Frankie Miranda, president and CEO of the Hispanic Federation said the initiative, announced in Florida, is a necessary expansion of the group’s existing work with the LGBTQ+ community.
“We have been identifying all this anti-LGBTQ legislation popping up around the country,” he said. “It’s an indication that once certain groups that have been focusing on abortion get the result they want from the Supreme Court, we’re forecasting that the next frontier is to intensify anti-LGBTQ legislation across the country. We’re seeing it right now.”
Miranda points to the recently passed so-called “Don’t Say Gay” legislation in Florida, which bars instruction on sexual orientation and gender identity in kindergarten through the third grade, as well as the Pulse shooting in 2016, when 49 were killed at the Orlando LGBTQ+ nightclub, as examples of why the community needs more support.
“It is estimated that less than 1% of foundation funds go to Latinx organizations,” Miranda said. “When we apply that to LGBTQ-oriented organizations, we see that it’s much, much less. So this is our call for action. We are not going to wait.”
Lin-Manuel Miranda (no relation) said the Pulse shooting feels as though it happened yesterday. It’s a tragedy that he will always be connected to, because he immortalized it in his Tony acceptance speech for “Hamilton” — a sonnet remembered for the line “And love is love is love is love is love is love is love is love, cannot be killed or swept aside.”
“One of the deadliest shootings in our nation’s history was an act of hate against this community in Florida,” the “Encanto” composer told The Associated Press, calling the “Don’t Say Gay” law a “dispiriting” development. His Miranda Family Fund, as well as Broadway Cares/Equity Fights AIDS, made additional contributions to the ACT initiative Tuesday.
“It’s such an important reminder that the hate that led to the Pulse shooting is not in the past,” he said. “And that laws like this do nothing but encourage and allow that hate to proliferate. So we just keep having to fight.”
Lin-Manuel Miranda credits his father — Luis Miranda Jr., co-founder of the MirRam Group, a political consulting firm that has worked on campaigns for Democratic Sens. Hillary Clinton, Chuck Schumer and Kirsten Gillibrand — with encouraging him to speak out on social issues and show his support through actions.
“The way the world affects me is it makes me want to write and makes me want to make things,” he said, adding that the surprise No. 1 hit “We Don’t Talk About Bruno” was his response to the COVID-19 lockdowns. “When it’s something like this – this horribly discriminatory law – and the question is ‘How do we help? How do we put our shoulder into it in a way that’s meaningful?’ I’ve got a dad who has dedicated his life to organizing and protests and putting that feeling of wanting to do something into practice.”
Ricky Martin said he wanted to become involved to battle those in power who he said look to create hate and division in the United States and Puerto Rico.
“There’s never been a more important time for communities and organizations to come together to empower one another,” Martin said in a statement. “With the ACT initiative, we’re uniting to remind Latinx LGBTQ+ organizations that they have the support they need to serve and empower their communities.”
The Hispanic Federation’s Miranda said the initiative will help Latino nonprofits reach their communities in their own way. At the launch event Tuesday, Lin-Manuel Miranda and his friend “In the Heights” actress Stephanie Beatriz, joined “Pose” actress Rodriguez and performer Valentina to bring attention to the initiative. | https://cw33.com/hispanic-heritage-month/miranda-helps-launch-latinx-lgbtq-support-program/ | 2022-09-09T16:07:09Z |
LandingLens Expands Footprint to Empower More Factories to Implement Better and More Consistent Automated Inspection
DETROIT, June 6, 2022 /PRNewswire/ -- Landing AI today announced the launch of LandingEdge, a new deployment application within the company's flagship platform, LandingLens. With LandingEdge, manufacturers will more easily deploy deep learning visual inspection solutions to edge devices on the factory floor to better and more consistently detect product defects.
Announced at Automate 2022, North America's largest automation trade show and conference, LandingEdge extends the capability of LandingLens into even more manufacturing environments. LandingLens enables teams to build deep learning models. With the new edge capabilities, LandingLens customers will more easily integrate with factory infrastructure to communicate with cameras, apply models to images and make predictions to inform real-time decision making on the factory floor. If the factory is connected to the cloud, LandingEdge can update LandingLens with new data to continuously improve deep learning models.
LandingLens has also been enhanced to enable training a deep learning model up to seven times faster than before. By reducing the time it takes to train models, customers achieve fast and iterative AI processes and optimize model accuracy.
"These products mark huge steps in bringing deep learning solutions to the factory floor that are easily integrated to perform automated inspection for a broad range of applications," said David L. Dechow, Vice President of Outreach and Vision Technology at Landing AI. "They put ever more powerful tools in the hands of manufacturers and systems integrators to quickly implement inspection solutions that result in lower costs, increased productivity, and improve customer product satisfaction."
The mission of Landing AI, under the leadership of AI pioneer Andrew Ng, is to bring the benefits of deep learning-based inspection to all industries with its pioneering data-centric approach in which the power of deep learning is unleashed even if companies have limited datasets. First unveiled in 2020, LandingLens provides Landing AI's customers with the end-to-end automated inspection platform that enables manufacturing, quality, and AI teams alike to quickly and easily train, test, confirm, and deploy visual inspection solutions based on high-quality and verified data on the plant floor.
Deep learning is a key machine vision trend for 2022 and beyond in industrial automated inspection applications. But deep learning is not magic and does not automatically make it easy to program an inspection system. As with any vision application, the quality of the input data — the images — is essential to the quality of the output. This is particularly true for data used to train an algorithm. In addition, proper labeling is essential for the implementation of a deep learning inspection system.
To visit Landing AI at Automate, please stop by booth #2209 for a demo.
To learn more about LandingEdge, please watch this video: https://landing.ai/videos/LandingEdge-Intro
About Landing AI
Landing AI™ is pioneering the next era of AI in which companies with limited data sets can realize the business and operational value of AI and move AI projects from proof-of-concept to full scale production. Guided by a data-centric AI approach, Landing AI's flagship product is LandingLens™, an enterprise MLOps platform that offers to build, iterate and deploy AI powered visual inspection solutions for manufacturers. With data quality being key to the success of production AI systems, LandingLens™ enables users to achieve optimal data accuracy and consistency. Founded by Andrew Ng, co-founder of Coursera, former chief scientist of Baidu, and founding lead of Google Brain, Landing AI is uniquely positioned to lead the development of AI from a technology that benefits a few to a technology that benefits all.
CONTACT: press@landing.ai
View original content to download multimedia:
SOURCE Landing AI | https://www.wibw.com/prnewswire/2022/06/06/landing-ai-adds-new-edge-capabilities-landinglens-bring-deep-learning-factory-floor/ | 2022-06-06T13:41:30Z |
Ginni Thomas also texted Meadows about another friend who shared election fraud conspiracy theories
By Katelyn Polantz and Andrew Kaczynski, CNN
A day before the 2020 presidential election, Virginia “Ginni” Thomas mugged for the camera wearing a Trump baseball cap with her friend Connie Hair, chief of staff to GOP Rep. Louie Gohmert of Texas, at an event supporting the then-President in pictures posted on Facebook at the time.
A month later, in her now-infamous texts to Trump chief of staff Mark Meadows, Thomas, the wife of Supreme Court Justice Clarence Thomas, referred to Hair and claims about election fraud while urging Meadows to fight the election result.
Around that same time, Hair’s boss, Gohmert, filed or supported two lawsuits challenging the election that eventually landed before the Supreme Court.
Ginni Thomas’ years-long relationship with Hair, including social outings that Clarence Thomas attended, as well as her texting with Meadows add another dimension to an ongoing debate over whether her husband should recuse himself from cases related to the 2020 election and the January 6 insurrection, especially when his wife is closely aligned to people who advocated overturning the election.
To be sure, Thomas and Hair were voicing their opinions on the election. At the same time, however, Hair was a top aide to a congressman who would file or sign on to election litigation that landed before the court where Thomas sits. And Hair herself posted on Facebook about the need to fight in court over the election.
“Was on a call with the Trump campaign manager and legal folks for a briefing this morning. WE ARE SEEING THIS THROUGH TO THE END OF THE COURT/COUNT BATTLE,” Hair posted on November 7, four days after the election. And on November 21, Hair posted: “Massive amounts of voter fraud in big cities throughout the contested states.”
It’s rare for the spouse of a Supreme Court justice to be so politically active, and legal ethicists say a line may be crossed when Ginni Thomas’ interests collide with her husband’s work. Some say the reputation of the Supreme Court is at stake.
“Mrs. Thomas has a First Amendment right to speak publicly and forcefully on issues that might come before the Supreme Court without thereby forcing recusal of her husband,” said Stephen Gillers of NYU School of Law. “But in the current situation, her interests are caught up in cases that could come before the court.”
Gillers believes that Clarence Thomas should recuse himself from any upcoming cases concerning the Capitol attack. Following the revelation of the Meadows texts, Democratic senators have introduced legislation meant to address questions of recusal and other ethics issues.
Washington is a town where powerful people frequently hobnob, and Ginni Thomas maintains she kept her conservative political activism separate from her marriage. Her husband has not commented publicly on calls for him to recuse — or even resign — after his wife’s texts to Meadows were revealed.
A friend of the Thomases who is familiar with the situation contends Ginni Thomas and Hair say they did not talk about specific cases that Gohmert was involved in and that Hair did not know about Gohmert’s lawsuits before they were filed.
“Hair is a friend of Ginni Thomas,” the source said. “They had a general concern about the election.”
In the end, the high court took neither Gohmert’s lawsuit against then-Vice President Mike Pence, nor a case from Texas that Gohmert supported against states that Donald Trump lost.
Ginni Thomas declined to comment to CNN through a lawyer.
Hair didn’t respond to emailed questions about her interactions with the Thomases, nor did Gohmert’s office.
Earlier this month, Gohmert defended the ethics of both Ginni and Clarence Thomas on the House floor, saying Ginni Thomas’ activism shouldn’t put pressure on the justice to recuse from any cases. Thomas returned to the bench in person at the Supreme Court this week, after being hospitalized for an illness around the same time that the news of his wife’s communications with the Trump White House about the election broke.
“Now, Justice Thomas is being told he needs to recuse himself because he has a wife who thinks for herself. We can’t have that, these liberals say. Yet the hypocrisy rises higher and higher with every comment they make about Justice Thomas and/or his wife,” Gohmert said in his speech.
“What happened to the old ideas of liberals being these caring, compassionate people who would never judge one’s spouse by the acts or thoughts of the other?” Gohmert added. “Well, those have gone by the wayside, and we see exactly what is at play here.”
Ginni Thomas also has a close friendship with Meadows, and a case involving him landed before the Supreme Court in recent months. In that case, the court allowed the release of hundreds of documents from the Trump White House to the House select committee investigating January 6. Clarence Thomas was the only one to publicly dissent.
The documents in that case did not include Meadows’ texts with Ginni Thomas that he had voluntarily turned over to the committee. The committee has said it will seek to interview Ginni Thomas, CNN has reported.
Dinners with friends
The Thomases have kept in contact with Hair for years, according to several photos and messages shared on Facebook by Hair and others and obtained by CNN.
In 2016, Hair posted about attending a Colbie Caillat concert, sending her thanks for a “fun” evening to Ginni Thomas. Hair posed for photos with Clarence Thomas and at dinner with him, his wife and others the night of the concert, according to Facebook posts.
Hair has worked in Gohmert’s office since 2010, according to congressional staffing records.
In 2017, she took a new round of pictures with Clarence and Ginni Thomas, this time inside the justice’s chambers. That day, January 20, 2017, Clarence Thomas had sworn in Pence as vice president. In her Facebook post, Hair calls the Thomases “great friends.”
And in 2019, Hair took part in a meeting at the White House with Trump and Ginni Thomas to discuss hiring more Trump loyalists in his administration, according to a senior Trump administration official.
Over the past decade, Ginni Thomas and Hair’s photos together and posts tagging each other are numerous.
Then after the 2020 election and January 6 Capitol riot, Hair on her Facebook wall shared coverage of Clarence Thomas dissenting on a Supreme Court election case, writing, “GOD BLESS HIM.” The case was a too-late attempt by Pennsylvania Republicans to challenge the state’s use of mail-in ballots, and Thomas expressed a fear that mail-in balloting could allow for fraud in future elections.
And in text messages to Meadows, which CNN obtained last month, Ginni Thomas quotes Hair in November 2020 as she implores the Trump White House to stick with its claims of election fraud.
“This war is psychological. PSYOP. It’s what I did in the military. They are using every weapon they have to try to make us quit… It is fake, fraud and if people would take a deep breath and look at things through that filter we will see this through and win,” Ginni Thomas texted Meadows on November 14, 2020.
She then cites Hair’s name in the text, implying the words came from her friend. The source familiar with the Thomases said Ginni Thomas was cutting and pasting Hair’s own words from another text chain, to send to Meadows.
Gohmert headed to SCOTUS
Soon after these texts, Gohmert’s office took part in two cases that challenged the election result at the Supreme Court.
First, Texas’ attorney general went straight to the high court to sue Pennsylvania, Georgia, Michigan and Wisconsin — all swing states Joe Biden had won — claiming they had conducted their elections unconstitutionally.
The case theoretically could have given the Supreme Court the power to throw out the presidential election result. Gohmert was one of 126 Republican members of Congress to sign on to an amicus brief supporting Texas before the high court.
On December 11, just days after the case had been filed, a majority of justices rejected the attempt, saying Texas had not shown it had the legal right to challenge how another state conducts its election.
Clarence Thomas signed on to a two-sentence statement, penned by Justice Samuel Alito, arguing a procedural point that the court should not have dismissed the case outright because it fell under the court’s “original jurisdiction.” But importantly, Thomas and Alito did note that they would grant no other relief to Texas in the case.
A source close to Thomas believes that the justice’s position on that case and others shows he was not swayed by his wife’s interests.
Even with that swift loss at the Supreme Court, Gohmert’s office wasn’t finished aiming election challenges at the high court.
In late December, Gohmert tried with a case of his own. The congressman sued Pence directly. The lawsuit asked the court to force Pence to stop the Electoral College certification of Biden’s win.
That prompted Pence’s lawyers to speak up in court, asking a federal judge to dismiss Gohmert’s case. It was a crucial early moment of the vice president publicly defending his role of presiding over the Senate. Pence has stood by his position that the vice president couldn’t overturn the election and courts should not have either.
The Gohmert case eventually made its way to the Supreme Court on January 6, the day of the Electoral College certification.
“Our nation stands at the crossroads of a Constitutional crisis fraught by chaos and turmoil brought into play by a viral plague, anti-democratic interference from domestic and foreign sources, and hastily enacted State voting measures ostensibly placed to protect voters from catching the plague,” Gohmert’s filing said.
The court denied its request the next day, with no dissents noted.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Ariane de Vogue, Ryan Nobles, Zachary Cohen and Gabby Orr contributed to this report. | https://localnews8.com/politics/cnn-us-politics/2022/04/20/ginni-thomas-also-texted-meadows-about-another-friend-who-shared-election-fraud-conspiracy-theories/ | 2022-04-20T12:18:46Z |
SALADO — Services for David Wayne Rickard, 50, of Salado will be 10 a.m. at 3C Cowboy Fellowship in Salado with the Rev. Bryan Miller officiating.
Burial will be in Holland Cemetery.
Mr. Rickard died Wednesday, May 25, at his residence.
He was born Jan. 18, 1972, in Jacksonville, Fla., to Wade Eugene Rickard and Carolyn Elaine Allen. He married Dawn Hardaway in 1984.
He was preceded in death by a daughter, Chaddoe Rickard.
Survivors include his wife; a son, Zachary Rickard; his mother; two brothers, Larry Rickard and Steve Rickard; three sisters, Teresa Rickard, Vickie Cosby and Xenia Hill; and two grandchildren.
Visitation will be 6-8 p.m. Thursday at Broecker Funeral Home in Salado. | https://www.tdtnews.com/obituaries/article_08dc7a0c-e138-11ec-9cde-7f6660edc57e.html | 2022-06-01T06:55:51Z |
BOSTON (AP) — The Boston fans who drove out to see David Ortiz inducted into the Baseball Hall of Fame on Sunday earned an added bonus for their troubles: They didn’t have to watch the Red Sox post another stinker against another AL East opponent.
Before the former Boston slugger could even step up to the microphone in Cooperstown, the team he led to three World Series championships had already fallen behind 5-0 and was on its way to an 8-4 loss and a three-game sweep by the Toronto Blue Jays.
“The brand of baseball we’re playing is awful,” manager Alex Cora said after the Red Sox lost their fifth straight game and their ninth in 10 tries to fall to .500 for the season.
“We’re not catching the ball. We’re not putting in good at-bats, We’re not throwing strikes. It’s bad. It’s really bad right now,” Cora said. “But we’re talented. And we can turn around quick, and it starts tomorrow.”
Two days after Raimel Tapia hit an inside-the-park grand slam in a record-setting 28-5 Blue Jays victory, he had a bases-loaded triple in the first to spot Toronto to a 5-0 lead off top Boston prospect Brayan Bello (0-2) — one of five players in the Red Sox lineup who started the season in the minors.
Tapia had three hits and drove in four runs, giving him 10 RBIs for the series, and Vladimir Guerrero had four hits for the Blue Jays. Toronto also took advantage of three errors and a series of other blunders by Boston, which has not won a series against an AL East opponent in 12 tries this season and is just a half-game ahead of last-place Baltimore in the division.
On Sunday, the Red Sox kicked the ball around the outfield, fumbled it in the infield, threw it into a baserunner’s back, missed tags and missed bases and generally played like the minor leaguers that half of them were on opening day.
“Defensively we have taken a step back the last 14 days,” Cora said. “We were really good defensively early on. … It seems like right now the game speeds at one point in the game, and it looks horrible.”
Tim Mayza (4-0) earned the win as the most effective reliever after inducing a double play in the seventh. Toronto starter Ross Stripling allowed two runs in four innings before reliever Trevor Richards gave up two more, when Jarren Duran tripled and scored in the fifth, then Jackie Bradley Jr. hit a solo homer in the sixth to make it 8-4.
But the biggest cheer of the day was when a clip from Ortiz’s acceptance speech was played on the scoreboard.
The Red Sox could have used him. Instead, the lineup was missing ailing All-Stars J.D. Martinez and Rafael Devers and top offseason acquisition Trevor Story, with the bottom five in the batting order all hitting worse than .220.
Wilting in the 98-degree heat and already trailing 5-1, the Red Sox were booed by the home crowd in the second inning, after George Springer stole second base and took third when Christian Vázquez’s throw went into the outfield and was kicked around there by left fielder Franchy Cordero.
Bello allowed five runs on nine hits and two walks, striking out two in four innings; he has yet to make it into the fifth in any of his three major league starts. But this time he was hurt by some bad luck and some bad defense.
Toronto loaded the bases in the first inning on two softly hit balls — one that bounced off third base — and a walk, then Cavan Biggio connected for a two-run single off third baseman Jeter Downs that was also booted by Cordero. Tapia made it 5-0 on a bases-loaded triple to the right-center gap.
“The baseball was in their favor today,” Bello said “I just needed to keep working, keep learning and be ready for my next start.”
The Blue Jays added three more in the fifth, which began when Hirokazu Sawamura walked leadoff batter Teoscar Hernández when the Red Sox reliever put his fingers to his mouth with a 2-1 count after being warned, resulting in two automatic balls.
Hernandez came around to score on Tapia’s single, and another run scored when Downs threw the ball into the back of a baserunner heading home; Downs also muffed a routine grounder. The final run scored when pitcher Sawamura covered first on a dribbler to the right side of the infield but overran the bag.
TRAINER’S ROOM
Red Sox: Martinez was available to pinch hit despite back spasms and could return to the lineup on Monday night. … Story took swings as he recovers from a bruised right hand. INF/OF Kiké Hernández reported progress as he works his way back from a right hip flexor strain.
UP NEXT:
Blue Jays: Off on Monday, host Cardinals on Tuesday, with RHP Jose Berrios (7-4) facing St. Louis RHP Andre Pallante (3-4).
Red Sox: Open four-game series against Guardians, with RHP Nick Pivetta (8-7) to face Cleveland RHP Zach Plesac (2-7).
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/tapia-blue-jays-take-advantage-of-boston-blunders-for-sweep/ | 2022-07-25T19:37:08Z |
New Mexico wildfire scar burn has forest officials worried
SANTA FE, N.M. (AP) — As more than 3,000 firefighters in northern New Mexico continued to battle the nation’s largest active wildfire Sunday, federal forest officials are worried about future flash floods, landslides and destructive ash from the burn scar. The 7-week-old fire, the largest in New Mexico history, remained 50% contained after charring 492 square miles (1,274 square kilometers) in rugged terrain east of Santa Fe. Firefighting costs already surpass $132 million, climbing by $5 million a day, according to authorities. New Mexico Gov. Michelle Lujan Grisham already has asked President Joe Biden to direct the Federal Emergency Management Administration to pay for all costs related to a broad range of recovery efforts. | https://localnews8.com/news/ap-national/2022/05/29/new-mexico-wildfire-scar-burn-has-forest-officials-worried/ | 2022-05-29T18:18:40Z |
LAKEWOOD, Colo. , June 21, 2022 /PRNewswire/ -- Embrey has closed on the land purchase for Bel Aire, a 354-unit multifamily residential community located near Denver's 40 West Arts District.
About nine miles west of Denver, Bel Aire's mid-century modern inspired architecture and interiors come equipped with two top floor lounges, one facing east toward downtown and the other facing west toward the Rocky Mountains. A fully furnished guest suite will also be available for residents and their families.
"Embrey is nationally recognized for developing and building premier multifamily communities," said Jimmy McCloskey, Executive Vice President of Development. "The living experience we are bringing to Bel Aire fits perfectly into Denver's active, outdoor lifestyle."
Planned amenities for the project include a pool and spa with adjacent outdoor cooking space, a bike workshop with bike racks, ski gear lockers, lounge areas, bike workstations, and a bike wash. Other amenities include a spacious clubroom, micro-offices and Wi-Fi lounge; a fitness and yoga center; and a dog park and wash area.
Embrey is known for its attention to detail in its interior living spaces and has designed its residential units with 9- and 10-foot ceilings; inviting kitchens with quartz countertops, and stainless-steel kitchen appliances; and bathrooms with soaking tubs and walk-in showers in select units.
Construction is expected to begin in the third quarter of 2022 with leasing of first residential units expected in the second quarter of 2025.
San Antonio-based Embrey, LLC is a diversified real estate investment company that owns, develops, builds, acquires and manages multifamily and commercial assets in targeted markets across the United States. Since 1974, Embrey has developed more than 43,000 apartments and over 6 million square feet of commercial property. Embrey is a leading developer in the multifamily sector, with more than 6,000 units under construction or in development. www.embreydc.com
View original content to download multimedia:
SOURCE Embrey | https://www.kxii.com/prnewswire/2022/06/21/embrey-closes-land-purchase-luxury-multifamily-residences-lakewood-co/ | 2022-06-21T16:56:38Z |
Mr. Moss to also Serve as Corporate Secretary and Chief Compliance Officer
LOS ALTOS, Calif., June 27, 2022 /PRNewswire/ -- Evommune, Inc., a clinical stage, biotechnology company dedicated to the development of transformative medicines for inflammatory diseases, today announced the appointment of Gregory S. Moss, Esq., as chief corporate strategy and legal officer. Mr. Moss will also serve as corporate secretary and chief compliance officer.
"With four programs rapidly advancing in development, we are excited to have Greg join our team at this time of immense growth and strategic opportunity," said Luis Peña, president and chief executive officer of Evommune. "Greg's astute business judgment, leadership experience and character, as well as his demonstrated ability to work cross-functionally, will be an invaluable asset to our organization and leadership team."
Mr. Moss most recently served as executive vice president, general counsel & corporate secretary, chief compliance officer at Kadmon Holdings, Inc., (now a Sanofi Company), where he led legal, compliance and business development operations, which culminated in Kadmon's successful $1.9 billion acquisition in late 2021. Mr. Moss helped lead Kadmon's integration into Sanofi, with broad corporate oversight over legal, compliance, business development, alliance management, human resources, quality assurance and CMC business functions. During his decade-long tenure at Kadmon, Mr. Moss served in various roles. He was a key strategic partner in financing activities, including the transition from a private to a public company (NYSE and Nasdaq) and helping raise over $1 billion in debt and equity, and business development efforts, including the spin-off of its gene therapy platform, various international and domestic collaboration and license, co-promotion and distribution agreements and joint ventures. Mr. Moss also helped establish, and then led, Kadmon's corporate governance, public company and healthcare compliance programs. Prior to joining Kadmon in 2012, Mr. Moss served as a solicitor in the corporate risk department of a large Australian law firm and as an associate at a boutique law firm and hedge fund in New York, where he focused on complex litigation and event-driven outcomes. Mr. Moss currently serves on the Board of Vitls, Inc and as an advisor to Elevate Brands. Mr. Moss earned a Bachelor of Arts and Bachelor of Laws (BA/LLB) from Macquarie University, Australia, and is a member of the bars of New York, USA and NSW, Australia, with admissions before the Supreme Court of the United States of America, Southern District of New York, Supreme Court of NSW, Australia and High Court of Australia.
"I am drawn to Evommune's strong focus and culture, its novel technology platform, portfolio of promising early-stage programs and impressive R&D engine," said Mr. Moss. "I look forward to joining this incredibly dynamic and experienced team and to contributing to the Company's success."
Evommune is a clinical stage biotechnology company dedicated to the development of transformative medicines for inflammatory diseases. We are leveraging our innovative, tissue-based approach to advance insights and accelerate the development of these transformative therapies. Evommune is led by a successful and experienced leadership team focused on building a robust pipeline of unique therapies that help patients with chronic inflammatory diseases. For more information, please visit Evommune.com.
Media Contact:
Sheryl Seapy
949-903-4750
sseapy@realchemistry.com
View original content to download multimedia:
SOURCE Evommune, Inc. | https://www.wibw.com/prnewswire/2022/06/27/evommune-announces-appointment-greg-moss-chief-corporate-strategy-legal-officer/ | 2022-06-27T12:23:23Z |
SHANGHAI, June 22, 2022 /PRNewswire/ -- Mojia Biotech, a Shanghai-based leading bio-manufacturing company dedicated to sustainable development and carbon neutrality, announced the completion of an $80 million Series B Financing. The funds will be used to commercialize its Viridimin™ brand of animal-feed additives, scale up manufacturing capacity for Aliphane™ series of bio-based materials, advance its product pipeline and expand its global R&D capabilities.
Temasek led the round, with participation from LYZZ Capital, Sento Investment, existing investors Bits x Bites and Asia Green Fund, and other investors.
For over a century, the petrochemical industry has created an abundant chemical universe for daily life and industrial applications. While significantly enhancing our living conditions, the petroleum-based manufacturing processes have also caused tremendous environmental and social challenges, such as greenhouse gas emissions and environmental pollutions. To promote sustainable development, the world is under pressing needs to embrace a much greener and safer supply of chemical and materials, either by feed-stock switch toward renewable carbon sources, or by manufacturing process redesign incorporating the latest advances in synthetic biology.
With its proprietary platform for enzyme and metabolic engineering, Mojia Biotech is committed to transforming the chemical and polymer space. In the past few years, Mojia Biotech has developed innovative pathways to produce Viridimin™ brand of Vitamin B5. Compared to the prevailing approaches, Mojia's patented bio-process not only consumes less energy and emits less wastes, but also ensures a more stable supply of Vitamin B5 because of frequent production disruptions caused by tightening environmental regulations in China. Mojia is planning to bring this state-of-art facility into commission in June 2022.
The second product that Mojia Biotech aims to bring to the market is Aliphane™ series of biopolymer products, which is extremely versatile and has great potential in coating and adhesive applications.
Ansen Chiew, co-founder of Mojia Biotech, says: "Over the last decade, we have established a comprehensive R&D platform combining biology, chemistry, engineering and polymer sciences,
accumulated hands-on experiences in large-scale bio-production and built strong global commercialization capabilities. Our green technology is a prove that it is possible to address environmental pollution associated with traditional chemical industry yet achieving cost advantage and performance supercity. We greatly appreciate visionary and like-minded investors like Temasek, Asia Green Fund, Bits x Bites and LYZZ Capital in supporting our mission for sustainable development and carbon neutrality."
Joseph Zhou, managing partner of Bits x Bites, says: "Sustainable ingredient manufacturing is a pillar for a thriving green economy. And with the recent delays and shortages in the global supply chain highlighting the importance to reduce reliance on raw material imports, we see huge potential for Mojia Biotech to apply its technology across different chemical ingredients , and to become a leader for next-generation green chemical production. "
Bo Bai, Chairman and Founder of Asia Green Fund, says: "Chemical bio-manufacturing is one of today's most dynamic fields in the chemical industry. With its R&D activities and cross-disciplinary innovations, Mojia Biotech has effectively tackled issues such as long processes, high energy consumption and environmentally polluting by-products. We are pleased to work with Mojia Biotech to promote green and cost-leading innovation in chemicals and new materials."
About Mojia Biotech
Mojia Biotech is a fast-growing, product-focused bio-manufacturing company dedicated to the production of food ingredients and chemical materials using renewable carbon sources and green processes. It has R&D activities and partnerships across the world and manufacturing facilities in China. Learn more at www.mojiabio.com.
About Temasek
Temasek is a global investment company with a net portfolio value of S$381 billion (RMB1.86t) as at 31 March 2021. Headquartered in Singapore, it has 13 offices in 9 countries around the world. The Temasek Charter defines Temasek's three roles as an Investor, Institution and Steward, which shape its ethos to do well, do right, and do good. As a provider of catalytic capital, it seeks to enable solutions to key global challenges. With sustainability at the core of all Temasek does, it actively seeks sustainable solutions to address present and future challenges, as it captures investible opportunities to bring about a sustainable future for all. Learn more at www.temasek.com.sg.
About Bits x Bites
Bits x Bites is China's pioneer agrifood tech VC, investing in early-stage startups with transformative technologies to address the most critical challenges in the food system in China. It invests across the agrifood supply chain, from precision agriculture, crop and animal health to protein alternatives and human nutrition. Learn more at www.bitsxbites.com.
About Asia Green Fund
Asia Green Fund ("AGF") is a private equity firm, with approximately $2.0 billion in assets under management, that specializes in the industrials and business services sectors with a focus on technology-enabled green impact investments. Founded in 2016 as Asia's pioneer in impact investing, AGF backs talented entrepreneurs and management teams as they commercialize innovative technologies with localized business models, thus generating both attractive financial returns for investors as well as a positive ESG impact on society. Learn more at www.asiagreenfund.com.
About LYZZ Capital
LYZZ Capital is a leading biotech investor focusing on supporting biotechnology development to solve humanity's unmet needs in healthcare, pharmaceuticals, food supply and sustainable materials. It invests globally with offices in San Diego, US and Shanghai, China. Learn more at www.lyzzcap.com.
View original content:
SOURCE Mojia Biotech | https://www.mysuncoast.com/prnewswire/2022/06/23/mojia-biotech-completes-series-b-financing-advance-manufacturing-bio-based-materials/ | 2022-06-23T02:09:08Z |
HATBORO, Pa., Sept. 13, 2022 /PRNewswire/ -- Today, Azzur Group, a leader in GxP solutions and advisory services for the life science industry, announces the appointment of Adri Osman to Vice President of Corporate Quality and Compliance.
As Vice President of Corporate Quality and Compliance, Adri brings more than two decades of experience from the life sciences industry, focusing on quality and manufacturing operations across biotechnology, pharmaceutical, and consumer healthcare, ensuring product quality and adherence to regulatory requirements to create long-term, transformational results. A Pennsylvania native, Adri will work out of the company's headquarters in Hatboro, Pa.
"I look forward to fostering a best-in-class quality culture throughout all of Azzur Group," said Adri. "I'm excited to work alongside my fellow Azzurians to ensure we continue to be rooted in quality as we work to expand our offerings."
Prior to joining Azzur Group, Adri founded a life sciences consulting firm and was Head of Quality Strategy and Portfolio Management at Teva Pharmaceuticals, a global leader in generics and biopharmaceuticals. During his time at Teva, Adri focused on performance excellence, minimizing quality and compliance risk, and inspection preparedness at the sites. He also led the offshoring program and established the Global Quality strategy which focused on compliance, performance, and capabilities.
"We're delighted to welcome Adri to Azzur Group," said Ryan Ott, Chief Operating Officer. "Adri's experience in both life sciences and professional services to industry will prove incredibly valuable for our organization."
For more information, visit Azzur.com.
From Discovery to Delivery™, Azzur Group provides the life science community full life-cycle solutions for all their GxP needs. From Azzur Cleanrooms on Demand™ facilities to our labs, training centers, and consulting offices across the nation, Azzur Group helps organizations start, scale, and sustain their growing enterprises. With nearly four decades of service to the life science community, we have become a trusted partner to the world's leading pharmaceutical, biotechnology, medical device, and healthcare companies, as well as their supply chain. Follow us on LinkedIn. For more information, visit Azzur.com.
View original content to download multimedia:
SOURCE Azzur Group, LLC | https://www.wibw.com/prnewswire/2022/09/13/azzur-group-appoints-life-sciences-leader-adri-osman-vice-president-corporate-quality-amp-compliance/ | 2022-09-13T19:08:06Z |
GRAND RAPIDS, Mich., June 16, 2022 /PRNewswire/ -- Blackford Capital ("Blackford"), a leading lower middle market private equity firm, today announced the successful exit from its investment in Grand Equipment Company, ("Grand Equipment" or "GEC") through a sale to Cognitive Capital Partners, LLC ("Cognitive"), a Chicago-based investment firm.
Grand Equipment is a multi-line equipment dealer offering the sale and rental of a wide range of heavy construction equipment, both new and used, and provides parts and service to a diverse, resilient customer base, primarily in greater Grand Rapids and the broader Western Michigan market. Blackford Capital acquired GEC, led by founder and CEO Jeff Grasman, through its Michigan Prosperity Fund in 2015. During its time as a Blackford Capital portfolio company, Grand Equipment made investments in its management team, improved equipment mix and its rental fleet, strengthened relationships with customers and OEMs, and used the resulting growth to improve the balance sheet.
"Grand Equipment is excited to continue our growth trajectory in West Michigan with this transition from Blackford Capital to Cognitive Capital Partners," said Jeff Grasman, Grand Equipment CEO. "We successfully partnered with the Blackford team to grow the organization and look forward to a future of additional regional growth, deepened market share and an increased footprint."
Today, with the construction industry projected to grow 8.8% in 2022 to reach $1.35 trillion (USD) and $1.65 trillion by 20261, the opportunities for Grand Equipment to accelerate growth and market expansion are significant.
"Our investment thesis is rooted in a commitment to buy at a fair value, operate effectively, focus on top-line growth, and professionalize organizations overall – setting them up for their next stage of growth," said Martin Stein, Founder and Managing Director of Blackford Capital. "Although we faced several challenges along the way – not the least of which was the market downturn driven by the impacts of the COVID-19 pandemic – ultimately our work with Jeff and the Grand Equipment team has delivered a positive return to our investors. Cognitive Capital will be a strong partner for Grand Equipment to deliver steady growth across short, medium and long-term perspectives."
Chicago-based Cognitive is focused on investing in leading companies in technical and business services, and manufacturing and industrial products and services. Their unique blend of investing and operating expertise is well-suited to support Grand Equipment management and drive continued growth and value creation.
About Grand Equipment
Founded in 2000, Grand Equipment Company is a full-service equipment distributor based in Hudsonville, Michigan. A business built on a continued commitment to quality and customer service, Grand Equipment has grown into one of the largest multi-line construction equipment, parts, service, sales and rental dealers in Michigan. Learn more online at https://www.grandequipment.com/.
About Blackford Capital
Founded in 2010, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford acquires, manages, and builds founder and family-owned, lower middle-market companies, with a focus on the manufacturing, industrial and distribution industries. With a reputation for a relentless approach to value creation and a focus on operational excellence, Blackford was named the Private Equity Firm of the Year by M&A Advisor in 2021 and 2018. The firm has also received Deal of the Year honors from M&A Advisor in multiple categories, and its portfolio companies have also been included on the Inc. 5000. For more information, visit www.blackfordcapital.com.
Media Contact:
Amy Romano
Lambert
(480) 577-9989
aromano@lambert.com
1 "United States Construction Industry Databook - Market Size & Forecast by Value and Volume Q1 2022"
View original content to download multimedia:
SOURCE Blackford Capital | https://www.kxii.com/prnewswire/2022/06/16/blackford-capital-completes-sale-grand-equipment-company/ | 2022-06-16T12:00:07Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Attention Teladoc Health, Inc. ("Teladoc") (NYSE: TDOC) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between October 28, 2021 and April 27, 2022.
If you suffered a loss on your investment in Teladoc, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/teladoc-health-inc-loss-submission-form-
2?prid=30394&wire=4
ABOUT THE ACTION: The class action against Teladoc includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: August 5, 2022
Aggrieved Teladoc investors only have until August 5, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
View original content:
SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/08/01/class-action-alert-law-offices-vincent-wong-remind-teladoc-investors-lead-plaintiff-deadline-august-5-2022/ | 2022-08-01T10:52:52Z |
GREENWICH, Conn., July 25, 2022 /PRNewswire/ -- B.More Inc., a 501(c)(3) non-profit, clinical-stage biopharmaceutical company focused on the development of psychedelic medicines for substance abuse disorders, today announced the submission of an IND application to begin a Phase 2b trial to determine the efficacy and safety of synthetic psilocybin (SYNP-101) in treating alcohol use disorder (AUD). The trial, which will be initiated in early 2023, will be led by principal investigator Michael Bogenschutz, Director of the NYU Langone Center for Psychedelic Medicine.
According to Carey Turnbull, Co-founder and CEO of B.More, "B.More's psilocybin AUD program IND application is a major step forward in our mission to develop psychedelic medicines for individual struggling with alcohol use disorder. Our Phase 2b trial builds on the impressive work led by Dr. Bogenschutz and will provide vital data to further advance our drug development program."
B.More's Phase 2b, multicenter, randomized, double blind, active placebo controlled clinical trial will assess the 24-week efficacy and safety of synthetic psilocybin (SYNP-101) in treating moderate to severe alcohol use disorder (AUD). With a planned 226 participants, it will be the second largest psychedelics clinical trial ever conducted.
According to the US Centers for Disease Control and Prevention, excessive alcohol use kills roughly 95,000 Americans each year and is the leading cause of preventable death. In addition to increased risk of chronic disease and death, excessive alcohol use can negatively impact memory, learning and mental health and carries massive economic and social costs.
About B.More
Founded in 2017 by Carey and Claudia Turnbull, B.More is a 501(c)(3) non-profit, clinical-stage biopharmaceutical company with a mission to develop better treatment options for those struggling with alcohol use disorder and other substance use disorders. Named after Claudia Turnbull's brother, Brett Moore, who died of a drug overdose 50 years ago, B.More is focused on the development and commercialization of psychedelic medicines that offer the potential to dramatically improve the lives of those for whom current treatment options have not proved effective. Based on a long history of partnership with researchers at the NYU School of Medicine, B.More is advancing clinical research to help these individuals and their loved ones live a better tomorrow.
For more information, please visit www.bmoreinc.org
Logo - https://mma.prnewswire.com/media/1864675/BMORE_Logo.jpg
View original content to download multimedia:
SOURCE B.More Inc. | https://www.mysuncoast.com/prnewswire/2022/07/25/bmore-submits-fda-investigational-new-drug-application-psilocybin-alcohol-use-disorder-program/ | 2022-07-25T15:50:37Z |
DUBAI, United Arab Emirates (AP) — Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. The increase is a boon for the kingdom and the crown prince’s spending power as people around the world pay higher gas prices at the pump while energy companies rake in top earnings.
Major oil companies had a strong quarter with Exxon Mobil booking an unprecedented $17.85 billion profit while Chevron made a record $11.62 billion. The U.K.’s Shell shattered its own profit record.
Aramco’s net profits were helped by second-quarter earnings ending in June that hit $48.4 billion — a figure higher than all of the first six months of 2021, when profits reached just $47 billion. It sets a new quarterly earnings record for Aramco since it first floated around 5% of the company on the Saudi stock market in late 2019.
Its earnings for just this past quarter are almost what Aramco’s full-year profits were in 2020, when demand for oil crashed during pandemic lockdowns. Its half-year earnings of $87.9 billion put Aramco on track to far surpass the full-year earnings of 2019, prior to the pandemic, when profits hit $88 billion.
The company credited the jump to higher crude oil prices and volumes sold, as well as higher refining margins. Saudi Arabia’s vast oil reserves are among the cheapest to produce in the world.
Aramco’s finances are crucial to the kingdom’s stability; when its margins are high, Saudi Arabia’s economic growth reflects that. As countries around the world grapple with inflation and recession, the International Monetary Fund projects the Saudi economy will grow by more than 7.6% this year, the highest globally.
Despite years of efforts by Crown Prince Mohammed bin Salman to diversify the economy, and some success in increasing non-oil revenue, Saudi Arabia continues to rely heavily on crude exports that pay for public sector salaries, generous benefits to citizens and defense spending. Aramco’s earnings also help the prince carry out his Vision 2030 infrastructure goals.
The company will pay a dividend of $18.8 billion for the second quarter to shareholders, as it has promised to do since its debut on the stock market. The higher profits bode well for the Saudi government, which is the main shareholder of Aramco.
Aramco is seen as the key to overhauling the Saudi economy. Its proceeds from the IPO were transferred to the country’s sovereign wealth fund to invest in projects to spur new sectors and generate new jobs for Saudi youth.
Brent crude has been trading at around $100 a barrel, even as OPEC, led by Saudi Arabia, and non-OPEC producers, led by Russia, have been steadily increasing production levels that had been cut during the height of the pandemic. The price of oil rose sharply after Russia invaded Ukraine in February. Prices have dipped below the $100 mark in past weeks amid slowed-down economic growth in China and the U.S.
Aramco President CEO Amin Nasser said he expects oil demand to continue to grow for the rest of the decade, despite current downward economic pressures. OPEC has said it expects world oil demand to rise by around 3 million barrels per day this year with total oil demand to average 100 million barrels a day.
Nasser said Aramco’s financial results so far this year reflect this increased demand for oil, even as countries around the world, including Saudi Arabia, pledge to cut their carbon emissions to avert catastrophic global warming levels.
“The world is calling out for affordable, reliable energy and we are answering that call,” he said, urging greater investments in oil and gas.
“At a time when the world is worrying about energy security, you are investing in the future of our business. Our customers know that whatever happens, Aramco will always deliver,” Nasser said in a short video released with the financial results.
Saudi Arabia is currently producing around 10.5 million barrels per day, with much of that exported to Asia and its largest customer, China. The crown prince has said the kingdom’s maximum production capacity is 13 million barrels per day. Aramco says it is working to one day reach that ceiling.
Aramco produces all of Saudi Arabia’s oil and gas with its production limits dictated by the energy ministry.
___
Follow Aya Batrawy on twitter at https://twitter.com/ayaelb | https://cw33.com/business/ap-business/saudi-aramcos-profits-already-88b-as-oil-prices-stay-high/ | 2022-08-14T17:13:06Z |
Millions of people across China's locked-down financial hub of Shanghai have been desperately seeking medical care and basic supplies like food. Parents have been forcibly separated from young children infected with Covid-19. And public anger is mounting, with no end in sight as China clamps down.
Since March, China has battled its biggest Covid wave yet, with Shanghai now the largest hotspot. All 25 million residents are under lockdown, with national health care workers and the Chinese military dispatched to boost the city's response.
On Tuesday, the country recorded more than 20,000 new cases -- far past the peak of Wuhan in 2020, at the onset of the pandemic.
Though this number is still far lower than in many other countries, it's a dramatic spike for China, which has adhered to a strict zero-Covid strategy that aims to stamp out all outbreaks and chains of transmission using border controls, mass testing, quarantines and stringent lockdowns.
The sustainability of that policy is now under question, as newer, highly-infectious Covid variants continue to spread throughout the population.
Here's what you need to know about the latest outbreak.
What parts of China are being hit?
In early March, cases began rising in several provinces around the country including Shandong in the east, Guangdong in the south, and Jilin in the northeast.
By the end of the month, the virus had spread to 29 of China's 31 provinces, according to the National Health Commission (NHC). 90% of all cases identified in March came from Jilin and Shanghai, the two largest hotspots.
Several cities, collectively home to more than 37 million residents, were placed under varying levels of lockdown in March. Many of those lockdowns eased by early April -- leaving Shanghai the outlier, as authorities struggle to get its cases under control.
So far, only two Covid deaths have been officially reported during this wave, both coming from Jilin in March.
What is life under lockdown like?
Shanghai's measures have been expanded and prolonged as the situation deteriorated.
In late March, the Shanghai government denied it had any plans for a citywide lockdown -- even saying reports were "untrue" and disturbing "social order." On March 27, the government announced it would launch a staggered lockdown, first targeting one half of the city, then the other half.
By March 31, the government had abandoned its staggered approach, effectively imposing a citywide lockdown for all 25 million residents who were forbidden from leaving their neighborhoods except to get tested.
The mandatory citywide testing detected a surge in cases, officials said -- prompting them to extend the lockdown until further notice while they "test more, review results, transfer positive cases and analyze the overall Covid situation."
To enforce these measures and meet the demands of the entire locked-down population, more than 30,000 medics and 2,000 military workers have been dispatched to the city, according to state media and the People's Liberation Army.
But the restrictions have also seen a rare surge of public frustration and criticism toward the government, with residents describing challenges accessing basic supplies like food or medicine.
Anger swelled last month after an off-duty nurse in Shanghai died, after being turned away from an emergency ward at her own hospital that was closed for disinfection. Another Shanghai resident died after suffering a medical emergency in his home before being able to reach the hospital.
"We are not killed by Covid, but by the Covid control measures," noted one popular comment on the highly censored Chinese social media platform Weibo.
There was also fresh outrage over Shanghai's policy requiring all Covid-positive patients to be isolated in facilities -- even young children and babies. One mother told CNN she had been separated from her infected 2-year-old daughter on March 29, and was not allowed to enter the isolation ward to stay with her daughter until a week later.
On Monday, one quarantine center in Shanghai launched a parent-child quarantine area. And on Wednesday, Shanghai health authorities announced they would amend the policy, allowing parents who test negative to apply for permission to accompany Covid-positive children with "special needs." They did not specify what conditions would qualify as "special needs."
Parents who test positive can also accompany their Covid-positive children in quarantine facilities.
What variant is spreading?
Omicron has been driving this surge, with identified cases showing both BA.1 -- the original Omicron -- and other descendant lineages, including BA.1.1 and BA.2.
BA.2, which was first detected in January, is now the main cause of Covid-19 globally and the dominant strain in the United States, according to the World Health Organization and US health authorities.
Since its rise, international case counts -- which had been declining since the first week of January -- have been rising again.
Studies also suggest BA.2 is far more contagious -- though researchers are still studying the severity of this variant. Some epidemiologists have said its basic reproduction number may be as high as 12, meaning each sick person infects an average of 12 others.
That would put it on par with measles, which also spreads through the air. The basic reproduction number for BA.1 is estimated to be about 8.
Will China stick to zero-Covid?
As the outbreak has stretched on, experts and international observers have speculated over whether this wave, the more transmissible variant, and China's mass vaccination campaign could bring about the end of zero-Covid.
As of Friday, about 78% of the country's 1.4 billion population had been fully vaccinated, according to the NHC.
Before the outbreak, scientists and leaders had hinted they were re-examining the strategy, with one prominent epidemiologist writing on Weibo in early March that zero-Covid would "not remain unchanged forever."
But that now looks like a distant future, with Chinese authorities making clear they consider the alternative -- the virus running rampant nationwide, potentially overwhelming the health system -- the worse option.
Wu Zunyou, chief epidemiologist at the Chinese Center for Disease Control and Prevention, said on Friday that China would "continue to focus on dynamic zero-Covid policy," according to state-run tabloid Global Times. The loosening of restrictions and opening of borders seen in other countries could "cause many problems such as (a squeeze on) medical resources and rising fatalities," he added.
And on Monday, Vice Premier Sun Chunlan said in Shanghai that the city needed "a more determined attitude, more powerful actions, and more efficient coordination" to achieve zero-Covid.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/theres-no-end-in-sight-for-chinas-covid-lockdowns-heres-what-you-need-to-know/article_13fd7011-5f12-5db4-804f-38886c5e3544.html | 2022-04-06T09:53:22Z |
LOS ANGELES, May 3, 2022 /PRNewswire/ -- BuildOps today announced a vital new partnership with Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. As part of this new relationship, BuildOps has integrated with Sage Intacct and Sage Intacct Construction, Sage's cloud financial management solutions designed to meet the unique needs of many firms, including construction companies. Used together, BuildOps and Sage Intacct will streamline and integrate Service Management, Project Management, Dispatching, Time Capture, and core financial management activities – from initial quote to final closeout.
"Connected cloud solutions are the future of construction-, service-, and project-based technology," said BuildOps' Head of Growth, Glen West. "By ensuring a seamless transition of service and project data from BuildOps to any one of the Sage Intacct versions, firms can expect significant improvements in workflow efficiency, information accuracy, and cost savings."
Both BuildOps and Sage Intacct are designed to eliminate the need for paper-based processes, improve data access, and enable collaboration among teams; a hallmark of cloud-based software solutions. "In many ways, BuildOps and Sage share the same vision for technology and meeting the needs of our customers," said Melody Williams, Head of Business Development for Sage Intacct. "As technology providers, we have both seen the positive impacts of our cloud platforms, and we look forward to the many benefits this new integration will deliver for our joint customers."
The new integration is available from BuildOps or via the Sage Intacct Marketplace.
About BuildOps
BuildOps is an all-in-one cloud-based software solution that empowers commercial HVAC, plumbing, electrical and mechanical contractors to efficiently and effectively manage operations and field service on a single platform while maximizing efficiency and driving profitability. Founded in 2018, BuildOps has gone on to transform the lives of commercial contractors across the industry.
Media contact:
Catalin Kreis
cat@buildops.com
View original content to download multimedia:
SOURCE BuildOps | https://www.kxii.com/prnewswire/2022/05/03/buildops-delivers-advanced-end-to-end-service-project-management-solution-joint-sage-intacct-customers/ | 2022-05-03T17:16:33Z |
LONDON — British Prime Minister Boris Johnson’s office said he spoke with Ukrainian President Volodymyr Zelenskyy by phone on Saturday afternoon, the latest chat between the two leaders who talk to each other regularly.
Johnson confirmed to Zelenskyy that the U.K. would reopen its embassy in Kyiv next week. He also updated the Ukrainian leader on new U.K. sanctions designations against members of the Russian military and told him the British government was helping to collect evidence of war crimes.
The British leader told Zelenskyy that the United Kingdom is sending more defensive weaponry including vehicles, drones and anti-tank missiles. The two also discussed the U.K.’s work on long term security solutions and financial support with international partners.
“The Prime Minister ended by reiterating the UK’s unwavering support for the people of Ukraine and committed to continue working with international partners to provide the assistance necessary to help Ukraine defend itself,” Downing Street said in a statement.
___
KEY DEVELOPMENTS IN THE RUSSIA-UKRAINE WAR:
— Ukrainian counterattacks slowing Russian offensive in the east
— Ukrainian village faces a churchless Easter
— Sanctions hit Russian economy, though Putin says otherwise
— Refugees in the Czech Republic make protective vests for volunteer fighters
— Possible mass gravesnear Mariupol shown in satellite images
— UN rights chief sees ‘horror story’ of violations in Ukraine
— Follow all AP stories on Russia’s war on Ukraine at https://apnews.com/hub/russia-ukraine
___
OTHER DEVELOPMENTS:
KYIV, Ukraine — An adviser to Ukraine’s president says five people including a three-month-old infant were killed in a missile attack in the Black Sea port city of Odesa.
Ukraine presidential chief of staff, Andriy Yermak, provided the information Saturday.
An adviser to Ukraine’s interior minister earlier said Russian forces fired at least six cruise missiles at the city.
Anton Gerashchenko said in a Telegram post on Saturday that Ukrainian forces were able to shoot down several missiles, but at least one landed and exploded.
“Residents of the city heard explosions in different areas,” Gerashchenko wrote. “Residential buildings were hit.”
___
HELSINKI — Hundreds of protesters belonging to Latvia’s sizable Russian-speaking community have taken part in a large-scale demonstration in the Baltic nation’s capital, Riga, condemning the Kremlin regime and Moscow’s aggression on Ukraine.
Participants of Saturday’s rally entitled “The Russian Voice Against War” waved Ukrainian flags and posters with inscriptions such as “Stop the genocide in Ukraine” and “Complete Russian gas and oil embargo” at the central Freedom Monument, Latvia’s public broadcaster LSM reported.
Organizers said the protest aimed to demonstrate that many of Latvia’s Russian-speakers are not aligned with Russian President Vladimir Putin. In a statement, they called Moscow’s actions “criminal.”
Ethnic Russians make up around 25% of the 1.9 million population in Latvia, a former Soviet republic. Adding other national groups, like Belarusians and Ukrainians, the share of Russian-speakers is about 30% of the all citizens.
Earlier this week, Latvia’s Parliament unanimously declared killings of civilians in areas of Ukraine occupied by Russian forces, including Bucha, Irpin and Mariupol, to be acts of genocide.
___
KYIV, Ukraine — A top Ukrainian official has announced a country-wide curfew for the night of the Orthodox Easter.
Kyrylo Tymoshenko, deputy head of Ukraine’s presidential office, said in a video address Saturday that in the regions most affected by the invasion — Donetsk, Luhansk, Zaporizhzhia, Kharkiv, Mykolaiv, Kherson — the curfew will run from 7 p.m. Saturday until 5 a.m. Sunday.
In others regions, including Kyiv, Odesa, Chernihiv and Lviv, the curfew will run from 11 p.m. Saturday until 5 a.m. Sunday.
___
KYIV, Ukraine — An adviser to Ukraine’s presidential office says Russian forces are attacking a steel plant that is the last defense stronghold of Ukrainian forces in the strategic port city of Mariupol.
Oleksiy Arestovich, an adviser to the head of Ukraine’s presidential office, said during a briefing on Saturday that the Russian forces have resumed air strikes on Azovstal and were trying to storm it.
“The enemy is trying to completely suppress resistance of the defenders of Mariupol in the area of Azovstal,” Arestovich said.
Arestovich’s statement came two days after Russian Defense Minister Sergei Shoigu reported to President Vladimir Putin that the whole of Mariupol, with the exception of Azovstal, had been “liberated” by the Russians.
Putin ordered the Russian military to not to storm the plant and instead to block it off in an apparent attempt to stifle the remaining pocket of resistance there.
Ukrainian officials have estimated that about 2,000 of their troops are inside the plant along with about 1,000 sheltering in the facility’s underground tunnels.
Arestovich says the Ukrainian fighters are still holding on despite the resumed attacks and are even trying to counter them.
___
LVIV, Ukraine — Lviv regional governor Maksym Kozytskyy has announced a curfew starting on Orthodox Easter night.
Citing “new intelligence,” Kozytskyy said the curfew would run from 11 p.m. Saturday to 5 a.m. Sunday, and then every day between those hours until further notice.
“Unfortunately, the enemy doesn’t have such a concept as a major religious holiday,” Kozytskyy wrote. “They are so beastly that they don’t understand what Easter is.”
Kozytskyy said the church leadership is in support of the decision and that all churches in the region will be postponing their Easter night services until the morning hours.
___
KYIV, Ukraine — A video released by the Azov regiment of Ukraine’s National Guard, part of a group currently holed up in the Azovstal steel plant in Mariupol, shows women and children sheltering underground. Some of them have been hiding in the plant’s tunnels for up to two months.
“We want to see peaceful skies, we want to breathe in fresh air,” said one woman in the video that was released on Saturday. “You have simply no idea what it means for us to simply eat, drink some sweetened tea. For us it is already happiness.”
Another young girl in the video says she and her relatives left home on Feb. 27. Since then, they have seen “neither the sky, nor the sun.” “We really want to get out of here safely, so that no one gets hurt,” the girl pleads.
Azov’s deputy commander Sviatoslav Palamar told the AP the video was shot on Thursday. Contents of the video could not be independently verified.
According to Ukrainian officials, some 1,000 civilians, including women and children, remain trapped at Azovstal together with the Ukrainian troops holed up there.
___
KYIV, Ukraine — Kharkiv regional governor Oleh Synehubov says two people were killed and 19 more wounded by Russian shelling.
Synehubov said on the messaging app Telegram on Saturday that over the past day Russian forces fired at the region’s civilian infrastructure 56 times.
Kharkiv, which is near the front lines, has faced repeated shelling from Russian forces.
___
KYIV, Ukraine — Efforts to evacuate civilians to safer areas will continue in Ukraine on Saturday, the country’s officials said.
Deputy Prime Minister Iryna Vereshchuk said on the Telegram messaging app there will be another attempt to evacuate women, children and the elderly from the strategic port city of Mariupol, which has been besieged by Russian forces for weeks and reduced largely to smoking rubble by constant bombardment.
The Kremlin earlier this week declared that Mariupol has been “liberated,” with the exception of the Azovstal steel mill, the last pocket of resistance where Ukrainian troops are holed up.
Vereshchuk said that “if everything goes according to plan,” the evacuation in Mariupol will begin at midday on Saturday. Many previous attempts to evacuate civilians from the city have failed.
The governor of the eastern Luhansk region, Serhiy Haidai, said on Telegram that an evacuation train will depart Saturday from the eastern city of Pokrovsk. Residents of the Donetsk and Luhansk regions, which comprise Ukraine’s industrial heartland known as Donbas, will be able to take the train free of charge.
It will bring them to the Western city of Chop near Ukraine’s border with Slovakia and Hungary, according to Haidai.
Russia has said that establishing full control over the Donbas, a large part of which has been in the hands of Russia-backed separatists since 2014, is currently one of the main goals of its operation in Ukraine.
___
KYIV, Ukraine — Luhansk Governor Serhiy Haidai says that two people were killed by Russian shelling in the city of Popasna.
Haidai said Saturday on the messaging app Telegram that residential buildings in the region were shelled 12 times the previous day, and Popasna “got the most” of it.
“In addition to the fact that street fighting continues in the city for several weeks, the Russian army constantly fires at multistory residential buildings and private houses. Just yesterday, local residents withstood five enemy artillery attacks…. Not all survived,” Haidai wrote.
He added that some houses were also destroyed in Lysychansk and Novodruzhesk.
___
KYIV, Ukraine — The Ukraine military’s General Staff says that Russian forces continue their “offensive operations” in eastern Ukraine with the goal of defeating Ukrainian forces, establishing full control over the Donetsk and Luhansk regions, and securing “a land route between these territories and the occupied Crimea.”
Ukrainian forces in the past 24 hours repelled eight Russian attacks in the two regions, destroying nine tanks, 18 armored units and 13 vehicles, a tanker and three artillery systems, the General Staff said on its Facebook page on Saturday morning.
Russian forces continue to partially block and shell Kharkiv, Ukraine’s second largest city, and are active in the area of Izyum, the update said.
In the strategic port city of Mariupol, Russian troops “continue to blockade” Ukrainian units in the area of the Azovstal steelworks, the last remaining stronghold, and “launch air strikes on the city, including with the use of long-range aircraft,” the post said, adding that an engineering unit arrived to Mariupol in order to demine the port infrastructure.
___
KYIV, Ukraine — Another mass grave has been found outside Mariupol, the city council and an adviser to the mayor said Friday.
The city council posted a satellite photo provided by Planet Labs showing what it said was a mass grave 45 meters (147.64 feet) by 25 meters (82.02 feet) that could hold the bodies of at least 1,000 Mariupol residents.
It said the new reported mass grave is outside the village of Vynohradne, which is east of Mariupol.
Earlier this week, satellite photos from Maxar Technologies revealed what appeared to be rows upon rows of more than 200 freshly dug mass graves in the town of Manhush, located to the west of Mariupol.
The discovery of mass graves has led to accusations that the Russians are trying to conceal the slaughter of civilians in the city.
___
KYIV, Ukraine — At least three civilians died and seven more were injured in shelling attacks in the Donetsk region in eastern Ukraine on Friday, as Russian forces continue to roll into the country’s industrial east, the governor of the region said in a Telegram post.
Governor Pavlo Kyrylenko blamed the deaths of “three more peaceful residents” in a small town and two villages on Russian shelling.
In a separate Telegram post earlier, Kyrylenko said that as of Friday afternoon, Russians had opened fire at 20 settlements in the region and destroyed or damaged 34 civilian infrastructure facilities.
Also on Friday, the local prosecutor’s office in the northeastern region of Kharkiv said in a Telegram post that charred bodies of two residents were discovered near the city of Izyum that same day. The post accused Russian soldiers of torturing the residents and burning their bodies.
___
WASHINGTON — The Pentagon says U.S. Defense Secretary Lloyd Austin will convene a meeting next week in Germany of defense officials and military leaders from more than 20 countries to discuss Ukraine’s immediate and long-term defense needs.
The Pentagon press secretary, John Kirby, said Friday that about 40 nations, including NATO members, were invited and that responses are still arriving for the session to be held Tuesday at Ramstein air base. He did not identify the nations that have agreed to attend but said more details will be provided in coming days.
The meeting comes as Russia gears up for what is expected to be a major offensive in eastern Ukraine.
The agenda will include an updated assessment of the Ukraine battlefield as well as discussion of efforts to continue a steady flow of weapons and other military aid, Kirby said. It will include consultations on Ukraine’s post-war defense needs but is not expected to consider changes in the U.S. military posture in Europe, he said.
___
The Russian Defense Ministry said Friday that one serviceman died, 27 more went missing and 396 were rescued after a fire on the flagship missile cruiser Moskva last week.
The statement comes a week after the vessel sunk.
Shortly after the incident, the ministry said the entire crew of the ship, which was presumed by the media to be about 500 people, had been rescued. The ministry did not offer an explanation for the contradicting reports.
Ukraine said it hit the cruiser with a missile strike.
___
KYIV, Ukraine — Ukraine’s security chief said Friday that the main battles in the country are taking place in the Donbas, the industrial heartland in the east, with Russia deploying more and more troops every day.
Oleksiy Danilov, the secretary of Ukraine’s National Security and Defense Council, told The Associated Press that over 100,000 Russian troops are currently fighting in Ukraine, including mercenaries from Syria and Libya.
Some of Russia’s elite military units have left the strategic Ukrainian port city of Mariupol, which was declared “liberated” by the Kremlin on Thursday, and are now moving to the east of the country to participate in the fighting there, Danilov said.
Danilov said a nighttime helicopter delivery brought weapons to Mariupol’s steel mill, the last stronghold of Ukrainian forces in the city. He urged Ukraine’s Western partners to speed up the delivery of weapons to his country. | https://cw33.com/news/international/ap-international/live-updates-ukraine-russian-offensive-continues-in-east/ | 2022-04-23T17:30:33Z |
NEW YORK, May 3, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Akebia Therapeutics, Inc. ("Akebia" or the "Company") (NASDAQ: AKBA) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 22-cv-01411, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Akebia securities between June 28, 2018 and September 2, 2020, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Akebia securities during the Class Period, you have until May 13, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Akebia is a biopharmaceutical company that focuses on the development and commercialization of renal therapeutics for patients with kidney diseases. The Company's lead investigational product candidate is vadadustat, an oral therapy, which is in Phase 3 development for the treatment of anemia due to chronic kidney disease ("CKD") in dialysis-dependent and non-dialysis dependent ("NDD") adult patients.
Akebia's Phase 3 clinical programs for vadadustat include, among others, the PRO2TECT program in NDD-CKD patients with anemia (the "PRO2TECT Program"). The PRO2TECT Program's primary safety endpoint was defined as non-inferiority of vadadustat versus darbepoetin alfa in time to first occurrence of major adverse cardiovascular events ("MACE").
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) vadadustat was not as safe in treating NDD-CKD patients with anemia as Defendants had represented; (ii) as a result, Defendants overstated the PRO2TECT Program's clinical prospects; (iii) accordingly, Defendants also overstated vadadustat's overall commercial and regulatory prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On September 3, 2020, Akebia issued a press release announcing "top-line results" from the PRO2TECT Program, disclosing that "[v]adadustat did not meet the primary safety endpoint of the PRO2TECT program, defined as non-inferiority of vadadustat versus darbepoetin alfa in time to first occurrence of [MACE.]"
On this news, Akebia's common stock price fell $7.35 per share, or 73.5%, to close at $2.65 per share on September 3, 2020.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/05/03/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-akebia-therapeutics-inc-class-action-lawsuit-upcoming-deadline-akba/ | 2022-05-03T07:31:07Z |
NEW YORK, July 20, 2022 /PRNewswire/ -- Sadis & Goldberg has been retained by stockholders of Meihua International Medical Technologies Co., Ltd. (NASDAQ: Ticker "MHUA") to investigate alleged accounting fraud by MHUA and/or its officers and directors. Our investigation focuses on MHUA's violation of NASDAQ Rules by failing to timely file its Annual Report containing its financial statements. Shortly thereafter, MHUA's independent Auditor resigned, as did the Chairman of MHUA's Audit Committee. As a result, MHUA's stock price has fallen from as high as $14.80 per share to $5.30.
These developments raise major concern that MHUA's current and prior financial statements are false and misleading. Further, they raise serious concerns that MHUA, its officers and/or directors may have presented false and misleading financial information in the Prospectus for MHUA's Initial Public (IPO) in February 2022. Sadis & Goldberg is investigating potential direct and derivative claims that MHUA and its officers and directors breached their fiduciary duties, engaged in common law fraud, and/or violated securities laws through false accounting and financial statements.
If you are an investor in MHUA, and wish to obtain additional information to protect your investment or recover losses, please contact Samuel J. Lieberman of Sadis & Goldberg at (212) 573-8164 or by email at SLieberman@sglawyers.com.
View original content to download multimedia:
SOURCE Sadis & Goldberg LLP | https://www.kxii.com/prnewswire/2022/07/20/sadis-amp-goldberg-retained-investigate-allegations-accounting-fraud-meihua-international-medical-technologies-co-ltd-mhua/ | 2022-07-20T15:38:15Z |
Topekans warned to prepare as heat indices expected to reach 110 degrees
TOPEKA, Kan. (WIBW) - As heat indices are expected to reach up to 110 degrees, Shawnee Co. Emergency Management has warned residents to take precautions.
The Shawnee Co. Emergency Communications Center says on Saturday, June 11, that the county - and much of Northeast Kansas - will see high heat indices throughout the weekend.
The National Weather Service said it forecasts the heat indices to be as high as 110 degrees during the afternoon hours.
Shawnee Co. Emergency Mgmt. and emergency partners said they would like to remind residents to take steps to ensure their health,s safety and well-being during days of high heat and humidity - especially as a large number of outdoor activities are planned to take place this weekend.
Emergency Management noted that residents should remember to check on the elderly, those with medical conditions, and those with special needs during periods of extremely hot weather.
To prevent heat-related illnesses, injuries, and deaths during hot weather, Emergency Management said residents should do the following:
- Stay in an air-conditioned indoor location.
- Drink plenty of water.
- Wear loose, lightweight, light-colored clothing and sunscreen.
- Schedule outdoor activities carefully.
- Pace yourself.
- Take cool showers or baths to cool down.
- Check on friends and neighbors and have someone do the same for you.
- Do not leave children or pets in cars.
- Check the local news for health and safety updates.
For more information about how to avoid heat-related illnesses, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/11/topekans-warned-prepare-heat-indices-expected-reach-110-degrees/ | 2022-06-11T17:44:56Z |
SACRAMENTO, Calif. (AP) — The nation’s largest utility on Wednesday outlined a multi-decade plan that aims to more rapidly reduce to zero its net greenhouse gas emissions while still using natural gas to produce power.
Pacific Gas & Electric’s plan is to take as much carbon out of the air as it emits by 2040, five years earlier than the goal set by its home state of California and Southern California Edison, the state’s second-largest utility.
The utility’s climate strategy also calls for more ambitious near-term goals. These include lowering emissions to 50% below 2015 levels, expanding the use of biogas — created when food waste and other organic matter breaks down — so that it constitutes 15% of its natural gas production, and ensuring 70% of its electric supply comes from renewable sources like solar and wind, all by 2030.
The utility also plans to add enough charging stations to power 3 million electric vehicles and will help customers swap out gas-powered appliances for electric options. The latter seeks to address a growing trend of communities banning or severely restricting gas appliances in new construction. Los Angeles last month joined more than 50 California cities that have approved such plans.
PG&E predicts its output of natural gas will decrease by 40% by 2030 compared to 2015 levels, but the utility will keep its three gas-fired power plants in operation.
With 16 million customers across northern and central California, PG&E supplies more people than any other utility in the nation. Its climate goals are among the most ambitious laid out by major investor-owned utilities, partly because California already has set aggressive clean energy laws, such as requiring utilities to get 100% of electric power from non-carbon sources by 2045.
Beyond the broad deadlines, the plan lacks many specifics. Mark Toney of The Utility Reform Network, a ratepayer advocacy group, said there’s no price hike protection for consumers. By contrast, the Sacramento Municipal Utility District recently promised not to raise prices more than the rate of inflation as it works to meet an ambitious deadline of eliminating carbon emissions from its power supply by 2030.
“What’s missing is any concrete commitment to affordability,” Toney said of PG&E’s plan.
The report also doesn’t outline what level of emissions the company still expects to produce by 2040. To be net-zero, the utility would have to remove that same amount of emissions from the air through technologies that aim to capture carbon and store it. The report says the company supports policies that promote research and development of such technology, but does not lay out any specific actions the company will take in that arena.
PG&E Chief executive Officer Patti Poppe said details will come later.
“What I’ve learned over my years is that setting an ambitious target is the first goal, is the first step,” she said on a call with reporters.
Poppe said the company wants to make sure it can provide new, cleaner energy sources to customers at the “lowest cost possible.” The price per kilowatt hour that PG&E customers pay now is about 80% higher than the national average, according to a 2021 study by Next 10 and the Energy Institute at the University of California, Berkeley, Haas School of Business.
Last year the utility got about 50% of its electricity from renewable sources like solar and wind. Another 39% came from the Diablo Canyon Nuclear Power Plant, which is set to shut down in 2025. Though Gov. Gavin Newsom has expressed interest in keeping the plant open, PG&E’s plan doesn’t envision a continued role for it.
To make up for that lost power, the utility is investing in more battery storage so it can save excess solar power produced during the day for use at night, the plan said. In recent years, California has struggled on some extremely hot days with having enough power to fuel the grid as more people crank up their air conditioners. Boosting battery storage for solar power is a key part of the state’s strategy for avoiding blackouts.
Ken Alex, who was senior policy adviser on climate and energy issues for former California Gov. Jerry Brown, said it was odd that the utility chose 2015 as a benchmark for emissions. The state typically measures emissions progress against 1990 levels, which were lower than in 2015.
He also noted the utility did not include any information on emissions related to wildfires sparked by its equipment and how those factor into its goals. California only recently began calculating carbon emissions from wildfires in its overall greenhouse gas emissions inventory, though it does not attribute those emissions to specific utilities.
“Those are real emissions, and they can overwhelm the system,” Alex said.
__
This story has been corrected to say that PG&E’s 2040 net-zero goal means the utility would remove as much carbon from the atmosphere as it emits, not more carbon than it emits. | https://cw33.com/news/science-technology/ap-science/pge-pledges-net-zero-emissions-by-2040-will-keep-using-gas/ | 2022-06-09T23:34:50Z |
PINEHURST, N.C., June 3, 2022 /PRNewswire/ -- Veterans Guardian VA Claim Consulting celebrated the Habitat for Humanity of the NC Sandhills Veterans Build home dedication on June 2nd, 2022. As lead sponsor of the build, Veterans Guardian agreed to match every donation made to the Veteran Build, up to $35,000. The goal was exceeded by the generous local community, allowing initial funding for the next Habitat Veterans Build.
Learn more at https://vetsguardian.com/
"We were honored to have such a large part in the funding, planning, and building of the 2021-2022 Veterans Home Build," said William Taylor, COO of Veterans Guardian. "We enjoyed building alongside the veteran homeowner, Jessica Anderson, and watching the local veteran community come to life to support one of their own."
Jessica Anderson, a Navy Veteran, her family, and the local Sandhills community gathered outside the newly completed home on June 2nd to watch the home dedication. Amie Farley, the executive director of Habitat for Humanity of the NC Sandhills, spoke about her appreciation to the community and volunteers for coming out and contributing to the build.
"Habitat for Humanity is more than a non-profit organization; it is a tight-knit community of hardworking and dedicated individuals," said Scott Greenblatt, CEO and Founder of Veterans Guardian. "When Amie came to us with the idea of sponsoring the Veterans Build for Jessica, it was an easy decision to support a fellow veteran. As a veteran-owned and operated organization, we make an effort to support the military and veteran community."
Habitat for Humanity of the Sandhills is part of a global, non-profit housing organization founded on Christian principles with a vision to provide safe, decent, and affordable housing in the Sandhills. Since 1988, this affiliate has served over 300 families in Moore and Richmond Counties through home construction and repairs. They are proud to add Jessica to the list.
About Veterans Guardian
Veterans Guardian is a VA claim consulting firm headquartered in Pinehurst, NC, serving veterans worldwide. The company helps veterans attain the VA Disability benefits that they are medically and ethically eligible for as a result of their honorable service in the United States Military.
View original content to download multimedia:
SOURCE Veterans Guardian | https://www.wibw.com/prnewswire/2022/06/03/veterans-guardian-celebrates-habitat-humanity-nc-sandhills-veterans-home-dedication/ | 2022-06-03T13:55:08Z |
74-year-old Alabama man charged with murder in 1988 cold case investigation
CULLMAN, Ala. (WAFF/Gray News) - Investigators with a north Alabama sheriff’s office arrested a 74-year-old man in connection to a cold case murder investigation beginning over 30 years ago.
WAFF reported that on Tuesday, Marvin McClendon, 74, was arrested by the Cullman County Sheriff’s Office and charged with a murder that he allegedly committed in 1988 in Essex County, Massachusetts.
According to the Essex County District Attorney, McClendon is suspected of murdering 11-year-old Melissa Anne Tremblay in September 1988.
“I want to thank everyone involved in this investigation from beginning to end,” Essex District Attorney Jonathan Blodgett said. “Their tireless pursuit of justice for Melissa has brought us to this moment. We never forgot about Melissa, nor did we give up on holding her killer accountable.”
According to the release from the district attorney, Melissa was last seen playing in the neighborhoods of Lawrence, Massachusetts, while her mother and her mother’s boyfriend were at a nearby social club on Sept. 11, 1988.
After searching for her to no avail, her mother reported her missing to the police.
Her body was later found in the old Boston & Maine Railway Yard. She had been stabbed to death.
The release stated that since then countless witnesses, suspects and persons of interest have been interviewed in connection to Melissa’s death.
Evidence recovered from her body was instrumental to solving the case.
McClendon lived in nearby Chelmsford, Massachusetts, at the time of Melissa’s death and had known connections to Lawrence, according to the release.
At this time, McClendon is being held in the Cullman County Detention Center until he can be extradited to Massachusetts.
Copyright 2022 WAFF via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/27/74-year-old-alabama-man-charged-with-murder-1988-cold-case-investigation/ | 2022-04-29T10:23:39Z |
'Our kids being vaccinated means freedom:' COVID-19 shots available for children under 5
Stark County parents can begin scheduling their youngest children’s COVID-19 vaccines this week, following a June 18 Centers for Disease Control and Prevention recommendation that the last qualifying age group, those 6 months and older, be vaccinated against the virus.
The Stark County Health Department began scheduling Pfizer-BioNTech COVID-19 vaccine appointments for children under 5 years old starting June 28. Appointments can be made through Armorvax.com.
Shots are also available through all Akron Children’s Hospital pediatrics offices and can be scheduled at akronchildrens.org/covidvaccine.
Health Report:Access rising but barriers remain, Stark community health assessment finds
The Pfizer vaccination is a three-shot series for kids ages 6 months to 4 years old, with three weeks between the first and second dose and eight weeks between the second and third shots. The Pfizer vaccine was previously approved for kids ages 5 and up.
The Moderna vaccine for 6-month-olds to 5-year-olds is a two-dose series, with the second dose administered between four and eight weeks after the first.
'Our kids being vaccinated means freedom.'
Canton resident Kayle Blogna Crofford is a parent to a 4-year-old and a 2-year-old. She began searching for vaccines for her kids as soon as the CDC recommendation was made and has an appointment in Rootstown in Portage County this week to get the kids vaccinated.
"[I felt] very excited and like there was the first tangible hope I’ve felt in a long time amidst this pandemic," Crofford said.
Crofford and her husband have taken health precautions very seriously since the pandemic began in March 2020. Their younger child was born in February 2020, and was just a month old when the first pandemic shutdowns went into place.
"Our kids — and us, mostly — have been pretty much entirely isolated for this whole pandemic," Crofford said. "That’s 2.5 years of no outside support for us or fun outings or get-togethers. And it was made exponentially more difficult by how many people have refused to have consideration for others and take precautions during this pandemic, which made us feel even less safe."
Crofford said she’s grateful for the scientific progress that made the vaccines possible and she hopes other people will choose to get themselves and families vaccinated as well to help protect everyone.
"Our kids being vaccinated means freedom. They have an extra layer of protection that will decrease the chances of the more extreme and potentially long-reaching consequences of COVID-19," Crofford said. "So now they can hug their grandparents, get haircuts, and my son can start preschool and make friends. There are no words for how relieved I am to finally be able to give this to my kids and for us to be able to reconnect with loved ones again."
In Stark County, 57.6% of the population has hadat least one dose of a COVID-19 vaccine.
Sam Zern can be reached at szern@cantonrep.com or 330-580-8322. You can also find her on Twitter at @sam_zern. | https://www.cantonrep.com/story/news/healthcare/2022/06/28/stark-health-offers-covid-19-vaccines-kids-under-5-years-old/7744730001/ | 2022-06-28T21:06:17Z |
Man sentenced to life for domestic violence
By Alex Keller
Click here for updates on this story
McKINNEY, Texas (KTVT) — A Collin County man with a history of domestic violence was sentenced to life in prison after he brutally beat his then-pregnant girlfriend and held her at a relative’s home for several days.
Apolonio Rodriguez, 33, of Celina, was sentenced by a jury to life in prison for Aggravated Assault with a Deadly Weapon Causing Serious Bodily Injury with Family Violence. Collin County District Attorney Greg Willis hailed the sentence as a triumph of justice. “Rodriguez spent 15 years abusing multiple women. The verdict delivers vindication for the victims and perfect punishment for the predator,” stated Willis after sentencing.
According to court documents, the victim was in a “dating relationship” with Rodriguez and seven months pregnant when Rodriguez assaulted her with a golf club, extension cord, knife, mug, and his hands and feet at their house in Celina. His attack caused extensive bruising all over the victim’s body, lacerations to her head, and a shattered elbow.
After assaulting her, Rodriguez forced the victim to flee with him to a relative’s house. When she failed to show up for work, the victim’s friends and family requested a welfare check at her home. Law enforcement did not locate her for five days.
Rodriguez and the victim were finally found hiding in the attic of his family member’s house through coordinated efforts between the Celina Police Department, the Texas Rangers, Collin County Sheriff’s Office, McKinney Police Department, and U.S. Marshal’s Task Force. At the time of this assault, Rodriguez was already wanted for Aggravated Assault with a Deadly Weapon out of Montague County for shooting a prior girlfriend.
With the coordinated efforts of the Celina Police Department, the Texas Rangers, Collin County Sheriff’s Office, McKinney Police Department, and U.S. Marshal’s Task Force, the victim and Rodriguez were finally located hiding in the attic of his family member’s house. At the time Rodriguez committed this assault, he was wanted for Aggravated Assault with a Deadly Weapon out of Montague County for shooting a prior girlfriend.
Rodriguez was found guilty by a jury late on Friday, April 1, 2022. During the sentencing hearing, prosecutors presented evidence that Rodriguez had committed domestic abuse on other women over the course of 15 years. He had previously been convicted of misdemeanor Assault Family Violence in 2007 in Denton County, where he served 120 days in jail.
Another victim also testified that Rodriguez had abused her between 2008 and 2012, and yet another victim said he had abused her between 2016 and 2017. Rodriguez had not been prosecuted for these cases of abuse because the victims had been too scared to come forward.
Rodriguez was sentenced to life in prison, and will not be eligible for parole for 30 years.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/06/man-sentenced-to-life-for-domestic-violence/ | 2022-04-06T22:39:19Z |
LOS ANGELES, Sept. 13, 2022 /PRNewswire/ -- Cal State LA's College of Ethnic Studies is presenting a multicultural children's book fair this month. "I Read to See Me: A Celebration of Multicultural Children's Books" will be held Saturday, Sept. 24, from 11 a.m. to 2 p.m. at Cal State LA in the courtyard of King Hall.
The event is free and open to the public.
"When we foster a child's love of reading, we're fostering that child's ability to thrive in their studies, to discover who they are and to later realize their potential as an adult," said Julianne Malveaux, dean of the College of Ethnic Studies and a nationally renowned educator and economist. "This is why this event is so important and needed."
The college is co-hosting the event with the African American Children's Book Project, a national literacy organization that promotes and preserves books by and about Black Americans. The organization promotes reading as a part of a healthy lifestyle and emphasizes how books empower, enrich and enlighten children's lives.
The book fair will include panels that feature award-winning authors and illustrators who will discuss their literary journey and the importance of having diverse books in schools and home libraries. A series of panels featuring educators and publishing professionals will focus on the importance of diverse books, what they are, and how to find them. A highlight of the afternoon will be the Cal State LA Reading Circle, with dynamic presenters who will deliver presentations about and read from their books.
Book fair attendees will be able to take part in book signings, visit with exhibitors and participate in promotional giveaways. The first 200 youth attendees will receive a free copy of a book by one of the featured authors or illustrators. The event will also offer a wide selection of affordable diverse books for purchase.
The fun-filled afternoon is a chance to connect with dynamic literary creators and an opportunity to gain knowledge about the world of children's publishing.
Award-winning author Andrea J. Loney will debut her new book, Curve & Flow: The Elegant Vision of L.A. Architect Paul R. Williams, illustrated by Keith Mallett. The book celebrates trailblazing Black architect Paul R. Williams, who defied the odds and broke down racial barriers in his field to become a world-renowned architect.
"My work is driven by the belief that all children deserve to see themselves honestly and lovingly depicted in the pages of a book," Loney said. "I also believe that all kids should get the opportunity to explore the world in all its richness and diversity through books."
Monica Mancillas, author, musician and self-described unapologetic dreamer, will also debut her new book at the event. A first-generation immigrant, her own story closely mirrors that of her new picture book, Mariana and Her Familia, a heartwarming tale of a young girl on her first trip to Mexico, who learns there is no language barrier when it comes to love.
"In a climate in which books featuring marginalized voices are being banned, we must fight harder than ever for children to see themselves represented in stories," Mancillas said.
Celebrated illustrator and author Benson Shum, who wrote the picture book, Anzu the Great Kaiju, will also be featured at the book fair.
"Diverse books are so important because to be seen and heard is what everyone needs," Shum said. "To read stories of all cultures makes for a better world for everyone." Shum is also a Disney animator and has worked on films such as Encanto, Moana, Raya and the Last Dragon, Frozen, and Frozen 2.
Vanesse Lloyd-Sgambati, founder of the African American Children's Book Project and a consultant for the event, noted the importance of multicultural book events.
"Studies show that children who engage in reading activities outside of their normal school coursework do better in school," Lloyd-Sgambati said. "It is also essential that you give children of all ages access and choice. That reluctant reader may not have been given a book of their interest. Finding out what a child likes to read and giving them books that reflect their image plays an important role in building lifelong readers."
The College of Ethnic Studies is the newest college at Cal State LA and one of only two colleges of Ethnic Studies in the state. The college centers the histories, traditions, cultures, experiences, struggles and accomplishments of diasporic communities of color, making connections between the local and transnational.
"Storytelling is one of our oldest forms of artistic expression, and books hold our stories," said Malveaux, who is a syndicated columnist and author. "Books can help build cultural respect and understanding—at a time when our nation needs both."
Media contacts: Margie Low, Cal State LA Public Affairs, margiey@calstatela.edu; Jocelyn Stewart, Cal State LA Communications & Public Affairs, jocelyn.stewart@calstatela.edu
View original content to download multimedia:
SOURCE Cal State LA | https://www.kxii.com/prnewswire/2022/09/13/cal-state-la-college-ethnic-studies-present-i-read-see-me-celebration-multicultural-childrens-books/ | 2022-09-13T18:41:56Z |
BOZEMAN, Mont., June 1, 2022 /PRNewswire/ - Microbion Corporation today announced that the company will present a poster highlighting the in vitro activity of pravibismane against M. avium and M. abscessus non-tuberculous mycobacteria (NTM) at the Colorado Mycobacteria Conference 2022: Focus on NTM conference taking place from May 31 to June 3, 2022, at Colorado State University. The objectives of the in vitro study were: 1) Determine antimicrobial activity of pravibismane against M. avium and M. abscessus; and 2) investigate the ability of pravibismane to reduce intracellular NTM burden in infected human cell lines.
The poster highlights:
- In broth culture, pravibismane demonstrated most potent MIC of 0.3125 µg/ml against M. avium and M. abscessus, superior to control drugs rifampin and amikacin, respectively.
- Pravibismane demonstrated an MIC of 0.3125 µg/mL and 0.625 µg/mL and against M. avium and M. abscessus intracellular infection in THP-1 cells, respectively.
- As low as 2.5 µg/mL pravibismane reduces intracellular M. avium 2285R (MDR) and M. abscessus 1153 (MDR) burden, superior to 20 µg/mL rifampin and amikacin control drugs, respectively.
- Pravibismane treatment is not toxic to THP-1 and A549 cells (≥95% cell viability).
Pravibismane is the first in a new class of anti-infective drugs structurally unrelated to other clinically utilized antibiotics. With a novel mechanism of action, pravibismane shuts down bacterial ATP production thereby halting global bacterial cellular metabolism. Pravibismane exhibits broad-spectrum, potent in vitro activity against chronic respiratory infection-relevant pathogens and their biofilms including NTM, multidrug resistant P. aeruginosa and MRSA. An inhalation formulation of pravibismane is on track to initiate first-in-human studies in early 2023. Financial support for IND-enabling studies for this program was provided by CARB-X.
Non-tuberculous mycobacterial pulmonary infection is an orphan lung disease that may affect as many as nearly 180,000 individuals annually in the United States and its incidence is increasing.1 NTM symptoms include cough, sputum production, dyspnea, hemoptysis, fever, night sweats, depression, fatigue, malaise, and weight loss.2 Current NTM guidelines recommend using combinations of chronic, systemic antibiotic therapies that are potentially associated with adverse effects with long term use. The presence of biofilms produced by NTM further complicates treatment regimens and duration.3 Significant unmet needs exist to develop more effective antibiotics with less toxicity, eliminate intravenous methods of delivering antibiotics, shorten duration of treatment, and reduce patients' burden of disease.4, 5
- Strollo SE, Adjemian J, Adjemian MK, et al. The burden of pulmonary nontuberculous mycobacterial disease in the United States. Ann Am Thorac Soc. 2015;12(10):1458–1464. doi: 10.1513/AnnalsATS.201503-173OC
- Pravosud V, Mannino DM, Prieto D, et al. Symptom burden and medication use among patients with nontuberculous mycobacterial lung disease. Chronic Obstr Pulm Dis. 2021;8(2):243-254. doi: 10.15326/jcopdf.2020.0184
- Falkinham, JO. Challenges of NTM drug development. Front Microbiol. 9:1613. doi: 10.3389/fmicb.2018.01613
- Chalmers JD, Akasamit T, Carvalho ACC, et al. Non-tuberculous mycobacterial pulmonary infections. Pulmonol. 2018;24(2):120 – 131. doi: 10.1016/j.pulmoe.2017.12.005
- Henkle E, Aksamit T, Barker A, et al. Patient-Centered Research Priorities for Pulmonary Nontuberculous Mycobacteria (NTM) Infection: An NTM Research Consortium Workshop Report. Ann Am Thorac Soc. 2016;13(9):S379–S384. doi: 10.1513/AnnalsATS.201605-387WS
Disclaimer: Research reported in this press release is supported by the Cooperative Agreement Number IDSEP160030 from ASPR/BARDA and by awards from Wellcome Trust and Germany's Federal Ministry of Education and Research, as administrated by CARB-X. The content is solely the responsibility of the authors and does not necessarily represent the official views of the Department of Health and Human Services Office of the Assistant Secretary for Preparedness and Response, other funders, or CARB-X.
Microbion is a clinical-stage pharmaceutical company developing a new class of therapeutic compounds to improve the lives of patients with rare and serious diseases. Microbion's lead drug candidate, pravibismane, is the first product in this new class and has a novel mechanism of action offering unique potential to address the unmet needs of chronic and severe health conditions. The Company is advancing inhaled pravibismane in Phase 1 clinical development for the treatment of chronic lung diseases, including non-tuberculous mycobacteria (NTM) and cystic fibrosis-related lung infections. Topical/local pravibismane is in Phase 2 development for the treatment of chronic wounds and orthopedic infections. Pravibismane has received backing from the Cystic Fibrosis Foundation, NIH, US DoD, and CARB-X with over $21 million in grants. The FDA has granted pravibismane with Orphan Drug, Fast Track, and QIDP designations. Microbion Pharma Corp. is a wholly owned subsidiary of Microbion Corporation. For more information visit: www.microbioncorp.com.
Certain of the statements made in this press release are forward-looking, such as those, among others, relating to the success of clinical development of pravibismane and preparation for potential commercialization. These statements are subject to risks and uncertainties that could cause actual results and events to differ materially from those anticipated, including, but not limited to, risks and uncertainties related to: our ability to enroll patients in our clinical trials at the pace that we project; the size and growth of the potential markets for pravibismane or any future product candidates and our ability to serve those markets; our ability to obtain and maintain regulatory approval of pravibismane or any future product candidates; and our expectations regarding the potential safety, efficacy or clinical utility of pravibismane or any future product candidates. Actual results or developments may differ materially from those projected or implied in these forward-looking statements. Microbion Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
View original content:
SOURCE Microbion Corporation | https://www.wibw.com/prnewswire/2022/06/01/microbion-corporation-announces-data-highlighting-vitro-activity-pravibismane-ntm-including-activity-against-ntm-causing-intracellular-infections-be-presented-colorado-mycobacteria-conference-2022/ | 2022-06-01T12:51:23Z |
SCOTTSDALE, Ariz., May 24, 2022 /PRNewswire/ -- InvestorsHub NewsWire -- Electromedical Technologies, Inc. (OTCQB: EMED) ("Electromedical" or the "Company"), a pioneer in the development and production of bioelectronic devices designed to relieve chronic, intractable, and acute pain by using frequencies and electro-modulation, is pleased to provide its Financial and Operational Highlights for the three months ended March 31, 2022.
"We continue to drive strong growth on the topline, which is critical given the inherent scalability of our model and our capacity to expand with strong margins," noted Matthew Wolfson, Founder and CEO of Electromedical. "Our flagship device, the WellnessPro plus, has helped thousands upon thousands of people over the past 15 years get their lives back and enjoy a pain free life without the use of opioids. These trends are picking up in our core business and our focus on investing in marketing and sales personnel and initiatives continues to pay off and provide a strong outlook ahead as we move closer toward the commercial launch of our next generation product line."
Financial Performance Highlights for the Three Months Ended Mar 31, 2022
- Net Sales increased 33% year over year to $221,894
- Gross Profit increased 24% year over year
- Gross Margin decreased from 75% to 70%, impacted by additional freight costs to expedite inventory delivery
- Overall Net Loss dropped 55% year over year to $1.1 million
Operational Highlights for the Three Months Ended Mar 31, 2022
- Continued investments in Marketing and Sales initiatives.
- Hired Director of Business and Sales Development with deep industry track record and experience.
- Made strong R&D gains in development of new product line targeting October 2022 full commercial launch.
Management sees the Company's continued strides in topline growth as further reinforcement for its strategic decision to invest heavily in sales and marketing, both in terms of personnel and other key strategies. In particular, the Company's decision to hire a top industry veteran with a long track record of success, David Orn, as its new Director of Business and Sales Development has been important in driving further topline expansion.
Orn added, "My goal for this year is to onboard 100 active independent medical sales reps, selling the Wellness Pro plus every month."
Wolfson added, "Q1 was a strong start to an exciting year with bold steps ahead. I'm proud of our team and grateful for the new talent we have been adding as we scale our operations, and I look forward to sharing more with our stakeholders as we push past new milestones in the months ahead."
About Electromedical Technologies
Headquartered in Scottsdale, Arizona, Electromedical Technologies, Inc. is a commercial stage, FDA cleared, bioelectronic medical device manufacturing company initially focused on the treatment of various chronic, acute, intractable, and post-operative pain conditions. Through University collaboration agreements, the Company is working to develop a comprehensive research program in defining the effects of electro-modulation on the human body. By studying the impacts of electrical fields in cell signaling and effects on virus assembly and immune responses, the Company's goal is to reduce pain and improve overall human wellbeing. The Company's current FDA cleared product indications are for chronic acute post-traumatic and post-operative, intractable pain relief.
For more information, please visit www.electromedtech.com.
Note: Nonhuman preliminary studies that we are planning to start in the near future and their applications are not related to our current product in any way and are currently not cleared in the US.
Safe Harbor Statement
This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
Corporate Contact:
Electromedical Technologies, Inc.
Tel: 1.888.880.7888
Email: ir@electromedtech.com
https://electromedtech.com
View original content:
SOURCE Electromedical Technologies, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/24/electromedical-technologies-announces-financial-operational-highlights-three-months-ended-march-31-2022/ | 2022-05-24T11:09:01Z |
Conclusions Provide Further Evidence that PFAS Chemistries Should Not Be All Grouped Together for Purposes of Regulation
WASHINGTON, June 14, 2022 /PRNewswire/ -- The vast majority and types of fluoropolymers, which are part of the per- and polyfluoroalkyl substance (PFAS) family, meet internationally recognized criteria for being considered polymers of low concern (PLC), a designation for compounds that are expected to have insignificant environmental and human health impacts, according to a new scientific paper. The conclusions of the study, conducted by the American Chemistry Council's Performance Fluoropolymer Partnership (PFP), provide new evidence that PFAS regulations must clearly differentiate among the broad category of PFAS chemistries.
The paper, A Critical Review of the Application of Polymer of Low Concern Regulatory Criteria to Fluoropolymers II: Fluoroplastics and Fluoroelastomers, builds upon research conducted in 20181 that identified four fluoropolymers that met criteria for identifying polymers of low concern for potential adverse effects on human health or the environment. In this new paper, PFP researchers analyzed an additional 14 fluoropolymers and fluoroelastomers and determined they meet the PLC criteria, bringing the number to 18 fluoropolymers and representing approximately 96 percent of the global market for commercially available fluoropolymers.
Fluoropolymers and fluoroelastomers provide exceptional functionality and benefits across multiple critical end-use markets such as electronics, semiconductors, healthcare technology and devices, transportation, 5G telecommunications, and renewable energy. They are a key component driving the technologies used in cellphones, personal protective equipment, solar panels, medical devices, aircraft, and countless other products and industries.
"This paper provides conclusive evidence that an overwhelming percentage of the fluoropolymers in the products we rely on every day are of low concern for human health or the environment according to internationally recognized criteria," said Jay West, Executive Director of the PFP. "It also demonstrates even further that regulating the broad family of PFAS as one single category is neither scientifically sound nor appropriate."
There are 13 criteria used to determine PLC status: polymer composition, molecular weight, weight percentage of oligomers, electrical charge, reactive functional groups, functional group equivalent weight, low molecular weight leachables, water solubility, particle size, polymer stability, thermal stability, abiotic stability, and biotic stability.
While greatly increasing the number and scope of chemistries that meet the PLC criteria, the paper also demonstrates that in addition to fluoropolymers, several fluoroelastomers, ionomers, and amorphous fluoropolymers qualify as well. The result is that the most economically important fluoropolymers (by global market volume) pose minimal threats to humans or the environment.
The substances included in this study are: polyvinylidene fluoride (PVDF) homopolymer; PVDF copolymer; ethylene-chlorotrifluoroethylene (ECTFE) copolymer; ECTFE terpolymer; polychlorotrifluoroethylene (PCTFE); fluoroethylene-vinyl ether copolymer (FEVE); terpolymer of ethylene, tetrafluoroethylene, and hexafluoropropylene (EFEP); terpolymer of chlorotrifluoroethylene, tetrafluoroethene, and perfluoroalkyl-vinyl-ether (CPT); and terpolymer of tetrafluoroethylene, hexafluoropropylene and vinylidene fluoride (THV), as well as specialty fluoroplastics amorphous fluoropolymers and fluorinated ionomers. The fluoroelastomers included in this study include tetrafluoroethylene-propylene co-polymer (FEPM); hexafluoropropene-vinylidene fluoride co- and terpolymers (FKM); and a tetrafluoroethylene-perfluoromethyl vinyl ether perfluoroelastomer (FFKM).
The authors also note that segmentation that clearly differentiates the broad PFAS family according to their properties, rather than the presence of a carbon-fluorine bond, is required for a scientifically sound, risk-based regulatory approach. "Regulating all PFAS as one homogenous group absent consideration of their properties, particularly when the properties are so demonstrably different, neglects basic scientific consideration of these properties, that are the foundation of substance differentiation," they write. "Therefore, we advocate for segmentation based on properties before performing any grouping-based risk assessment, placing stable, non-hazardous fluoropolymers, that meet the criteria to be considered polymers on low concern, in a separate category."
The study was published and announced on June 14, 2022, in the scientific journal Integrated Environmental Assessment and Management and can be accessed at https://doi.org/10.1002/ieam.4646 (open access pending) or by contacting Erich Shea at erich_shea@americanchemistry.com.
1 Henry, B. J., et al. A critical review of the application of polymer of low concern and regulatory criteria to fluoropolymers. Integrated Environmental Assessment and Management. Volume 14, number 3, pages 316-334. May 2018. Open Access.
SOURCE American Chemistry Council | https://www.kxii.com/prnewswire/2022/06/14/new-study-demonstrates-vast-majority-commercial-fluoropolymers-meet-criteria-polymers-low-concern-designation/ | 2022-06-14T18:54:47Z |
There was a 6-foot-4, 220-pound hole in the Washington lineup in Game 2 against the Florida Panthers.
Tom Wilson’s injury is one of many around the NHL playoffs that could tip the balance of a series. The Pittsburgh Penguins are down to their third-string goaltender against the New York Rangers, while the Nashville Predators will be without their starter again in Game 3 against the heavily favored Colorado Avalanche, who are up 2-0.
Washington and Florida are tied going into Game 3 on Saturday (1 p.m. EDT, ESPN), though the first two were polar opposites. Wilson scored a power-play goal early in the opener before leaving with a lower-body injury and the Capitals built off that and pounced on opportunities before the Panthers took over in Game 2 with the rugged right winger sidelined.
“When you lose a player like Tom, it’s tough,” Capitals coach Peter Laviolette said. “It would have been great if we could have just moved from Game 1 to Game 2 and had the same lineup, but that opportunity wasn’t there, it wasn’t present and so we have to move forward.”
Panthers interim coach Andrew Brunette wondered if Wilson might play for the Capitals sooner rather than later. His likely replacement, rookie Brett Leason, is gritty but Wilson set career highs with 24 goals, 28 assists and 52 points this season. He’s also an enforcer.
“Definitely for them, losing him hurts,” Brunette said. “He epitomizes the power forward playoff kind of player. … He brings that component to the game and he brings an edge and he brings a hardness that you have to be very aware of, and he’s got some skill. He’s a very valuable player to their team.”
RANGERS at PENGUINS, series tied 1-1 (7 p.m., TNT)
Tristan Jarry was valuable to the Penguins before a lower-body injury late in the regular season knocked him out and set up Casey DeSmith as the playoff starter. DeSmith was injured midway through the second overtime of the series opener at New York and was replaced by Louis Domingue, who stopped all 17 shots he faced in relief.
The Rangers beat Domingue and Pittsburgh to even the series. After DeSmith underwent core muscle surgery and was ruled out for the remainder of the playoffs and with Jarry not close to returning, it’s now Domingue’s show.
“He’s got experience — he’s a really good goalie,” forward Teddy Blueger said. “We’re all behind him. We know he can get the job done. I think he’s played really well for us.”
AVALANCHE at PREDATORS, Colorado leads 2-0 (4 p.m., TNT)
Connor Ingram played very well in relief for Nashville on Thursday night, stopping 49 of 51 shots in a 2-1 OT loss at Colorado. With starter Juuse Saros out with a lower-body injury, Ingram got the call after the Avalanche lit up David Rittich for five goals on 13 shots in the series opener.
Predators coach John Hynes on Friday ruled out Saros for Game 3, so Ingram appears in line to get the nod again. But offense is a bigger problem now for Nashville after going 0 for 4 on the power play in Game 2 and getting outshot 51-26.
“We’ve got to still find a way to close on them, not give them as much time,” Predators defenseman Alexander Carrier said. “We all know in this room that we’ve got to be better.”
FLAMES at STARS, series tied 1-1 (9:30 p.m., TNT)
The Pacific Division champion Calgary Flames also expect better now that they are tied with the Dallas Stars after a 2-0 shutout loss. Each team is relatively healthy, and yet the series has featured only two goals scored against a goaltender — a far cry from the high-scoring trend across the league in the first round.
Credit Calgary’s Jacob Markstrom and Dallas’ Jake Oettinger for that, along with some old-school coaching by Darryl Sutter and Rick Bowness.
“The only thing that matters is wins,” Oettinger said. “They have a great goalie on the other end and we know it’s going to be tight, so the margin for error for me is very slim.”
___
AP Sports Writers Will Graves in Pittsburgh, Pat Graham in Denver and Teresa M. Walker in Nashville contributed.
___
Follow AP Hockey Writer Stephen Whyno on Twitter at https://twitter.com/SWhyno
___
More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/injuries-could-tip-balance-of-some-nhl-first-round-series/ | 2022-05-07T13:28:24Z |
SEATTLE, Aug. 16, 2022 /PRNewswire/ -- Bloomz, recipient of the Supes Choice Award provides powerful and consistent communication through its alerts and announcement system. Bloomz enables teachers and parents to communicate through messaging instantly and privately. It can be used at the classroom level and by administrators at the school level to facilitate communication with teachers, staff, and parents, whether individually, in groups or to the entire school.
As a teacher, being able to reach families is critical. With Bloomz, administrators don't need to worry about messages getting lost in email or not reaching families. It can be frustrating when information is missed and families are left out of important communication from schools. Through the Dashboard Reports & Analytics, administrators at all levels have valuable insights into the who, what, when & how for all aspects of home-school communication. Administrators can quickly and easily identify the unreachable and take action to ensure contactability. Teachers do not need to share personal phone numbers, Bloomz provides everything that is needed all within one streamlined and secure parent teacher communication app.
Rather than rely on multiple tools, everything administrators and teachers need is available right within Bloomz. Some of the key features that make Bloomz stand out above other similar platforms are:
- Auto-notice Notifications (Robocalling) to send automatic voice notifications to the whole parent community.
- Text-to-speech which enhances communication by automatically converting a post text into voice content for auto-voice notifications.
- Language, audio & text customization for accessibility
- Pinned announcements for time-sensitive messages. Announcement will be pinned to the post of parents' feed for a specific period of time.
- Urgent notifications: In the event that urgent information needs to reach everyone in the school community, alerts will override their notification preferences and send them to reach your community in all possible ways. Schools & districts with robocall functionality can send automatic voice notifications to their whole parent community.
Having this system in place, all within one comprehensive platform, makes it easier, more efficient and effective for providing the right support for all students. The social media-like interface of Bloomz makes it easy to share updates to an entire school or district, or to a specific parent. The entire school community benefits by having a program in place that meets the needs and preferences of each of its members.
Bloomz is a unified parent communication app that connects districts, schools, and classrooms with parents and students in a secure, social, and private environment. Parents feel more connected than ever to their children's education by using a comprehensive platform. With Bloomz, administrators and educators can foster a strong home-to-school community that promotes family engagement. Find out more today at Bloomz.com.
View original content to download multimedia:
SOURCE Bloomz Inc | https://www.mysuncoast.com/prnewswire/2022/08/16/bloomz-provides-powerful-school-messaging-features/ | 2022-08-16T23:57:43Z |
Coming off the heels of Erin Ashley Simon's Appointment to Chief Culture Officer of XSET, Steve Birkhold is elevated to COO of XSET
BOSTON, Sept. 8, 2022 /PRNewswire/ -- In August of 2022 XSET, the world's fastest-growing gaming and lifestyle organization, recently appointed and named its co-owner Erin Ashley Simon as Chief Culture Officer of XSET. Today, XSET has also announced that their Chief Merchandising Officer, Steve Birkhold, will now be the Chief Operating Officer of the popular gaming organization.
"Since I joined XSET last year, the company has grown and accomplished so much," says Steve Birkhold, Chief Operating Officer of XSET. "As the organization continues to elevate, I am honored to be taking on a bigger role on the executive team to continue bringing XSET to the next level."
In his previous role as the Chief Merchandise Officer, Steve helped build out XSET's fashion and merchandising department alongside Wil Eddins, Chief Creative Officer and co-founder. In Steve's new role as Chief Operating Officer, he will use his leadership and organizational development experience to further evolve the day-to-day functions and operations of XSET and position the company for continued rapid scaling.
Additionally, over the past year, co-owner Erin Ashley Simon has helped XSET create and build their diversity and inclusion initiatives including starting a fundraiser along with the non-profit community to raise money for one of the first HBCU Esports Leagues and has led the charge on partnering with Rise Above the Disorder for XSET to raise funds to provide free mental health services to those in need. As Chief Culture Officer, Erin will continue to lead the charge on all of XSET D&I initiatives and general culture and community building for the brand.
"I am proud to join XSET as their Chief Culture Officer," said Simon. "Gaming is a growing industry with people from different backgrounds all finding joy in this space. I am extremely excited to elevate XSET's overall mission of inclusion in gaming as well as continue to expand gaming culture for everyone who is an XSET fan and beyond."
Following their two-year anniversary and Series A funding, XSET has dedicated itself to evolving as a brand to bring the company to new levels of success. In the coming months, XSET plans to announce new talent, platform changes, and will be adding a new executive to lead the esports division of the organization.
"In the early stages of the organization, we are committed to building out the best executive team possible for XSET," said Greg Selkoe, co-founder and CEO of XSET. "Steve and Erin have both been integral in the early development stages of the company and we know that they will continue to do even more in key management positions to accelerate the next stages of XSET."
View original content to download multimedia:
SOURCE XSET | https://www.wibw.com/prnewswire/2022/09/08/chief-executive-officer-xset-greg-selkoe-announces-key-organizational-leadership-changes/ | 2022-09-08T14:05:39Z |
WASHINGTON, Aug. 2, 2022 /PRNewswire/ -- Ploughshares Fund, a global peace and security foundation dedicated to reducing and eventually eliminating nuclear weapons, today announced $890,000 in grants to improve the health and effectiveness of the peace and security field and to drive more sustained and impactful policy. The awards bring Ploughshares grant total for its fiscal year to $4.89 million.
Under a new strategic framework adopted earlier in November 2021, Ploughshares is prioritizing investments in four areas:
- Strengthened Community: Create a stronger, more resilient nuclear field
- Near-term Steps: Drive policies and activities that help eliminate nuclear threats or address regional conflicts
- Shared Purpose: Build new partnerships with intersecting issues
- Bold Futures: Support transformational thinking and activities
"Each of these four portfolios will address problems that are needed to advance long-term progress towards our goal of a world free of nuclear weapons," said Dr. Emma Belcher, President of Ploughshares Fund. "They reflect areas that Ploughshares Fund has already begun funding but are structured to better measure gains and create long-term progress."
The 12 grantees are:
- Atlantic Council of the United States
- Congressional Progressive Caucus Center
- Council for a Livable World
- International Civil Society Action Network
- J Street and the J Street Education Fund
- Nuclear Threat Initiative
- Tri-Valley CAREs
- Union of Concerned Scientists
- Vet Voice Foundation
- Women of Color Advancing Peace, Security and Conflict Transformation
- Women Cross DMZ
For information about the final awards made through the 2022 Equity Rises Request for Proposals, please click on this link.
CONTACT:
Lauren Billet
Communications & Marketing Manager
Ploughshares Fund
LBillet@Ploughshares.org (link sends e-mail)
(202) 783-4401
View original content:
SOURCE Ploughshares Fund | https://www.wibw.com/prnewswire/2022/08/02/ploughshares-fund-announces-890000-grants-reduce-threat-nuclear-weapons/ | 2022-08-02T18:32:48Z |
Nancy Pelosi’s husband pleads not guilty to DUI misdemeanor charges
SAN FRANCISCO (AP) — The husband of U.S. Speaker of the House Nancy Pelosi pleaded not guilty Wednesday to misdemeanor driving under the influence charges related to a May car crash in Northern California wine country.
Paul Pelosi, 82, did not appear in person at Napa County Superior Court Wednesday. His attorney Amanda Bevins entered not guilty pleas for him on charges of driving under the influence of alcohol causing injury and driving with a .08% blood alcohol level or higher causing injury.
State law allows for DUI misdemeanor defendants to appear through their attorney unless ordered otherwise by the court.
He was arrested following a May 28 crash in Napa County, north of San Francisco, after a DUI test showed he had a blood alcohol content level of .082%. The blood sample was taken about two hours after the collision occurred at 10:17 p.m., the Napa County District Attorney’s Office said in a statement.
Pelosi was driving a 2021 Porsche into an intersection near the wine country town of Yountville that was hit by a 2014 Jeep, according to the California Highway Patrol.
Prosecutors filed the case as a misdemeanor because of the injuries sustained by the 48-year-old driver of the Jeep. They have not described the injuries or provided more information about the other driver, saying the person has requested privacy.
Pelosi was released on $5,000 bail after his arrest.
If convicted, Pelosi faces up to a minimum of five days in jail and up to five years of probation. He would also be required to complete a drinking driver class and install an ignition interlock device in his vehicle — a breathalyzer that requires the driver to blow into it before operating the vehicle, prosecutors said.
Pelosi has been married to the powerful Democratic speaker since 1963. She is traveling in Asia this week.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/03/nancy-pelosis-husband-pleads-not-guilty-dui-misdemeanor-charges/ | 2022-08-03T17:41:04Z |
NEW YORK, Aug. 29, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Blueprint Medicines Corporation (NASDAQ: BPMC) resulting from allegations that Blueprint Medicines may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Blueprint Medicines securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=8186 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
WHAT IS THIS ABOUT: On August 17, 2022, before trading hours, Blueprint Medicines announced top-line results from the registrational Part 2 of its PIONEER clinical trial of AYVAKIT® (avapritinib) in patients with non-advanced systemic mastocytosis (SM). The results showed a deterioration in the absolute improvement in the symptom score from 15.6 points in this most recent trial versus 19.7 in Phase 1.
On this news, Blueprint Medicine' share price fell $7.38 per share, or 10%, to close at $61.17 per share on August 17, 2022, on unusually heavy trading volume.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/08/29/rosen-global-leading-law-firm-encourages-blueprint-medicines-corporation-investors-inquire-about-class-action-investigation-bpmc/ | 2022-08-29T22:04:30Z |
LOS ANGELES, May 20, 2022 /PRNewswire/ -- Iconic Orange County punk band The Offspring was formed in Garden Grove, CA, in 1984 by lead singer Dexter Holland, who also became a licensed pilot and a USC graduate with degrees in molecular biology. The band signed to leading Los Angeles indie label Epitaph for their Smash album, scoring a hit single in "Come Out and Play," which led to a major-label bidding war and a subsequent deal with Columbia Records.
The Offspring sold the rights to their music publishing and Columbia catalog to Round Hill Music in 2016 and will be releasing their 2005 Greatest Hits album on vinyl for the first time on July 29th. There will be three different versions available: a black LP with a lyric insert / a limited-edition picture disc that features the band's iconic flaming skull / and an exclusive limited-edition version that boasts a slipmat with the same logo. Preorders for all three will start on May 20th. The band did a limited advance release of the Greatest Hits vinyl on April 23rd in celebration of this year's Record Store Day. Pre-order The Offspring, Greatest Hits here: http://theoffspring.lnk.to/greatesthitsPR
The Greatest Hits featured many of the band's hit singles, including;
"Self Esteem" / "Gotta Get Away" (Smash)
"All I Want" / "Gone Away" (Ixnay on the Hombre)
"Pretty Fly (For a White Guy)" / "Why Don't You Get A Job?" / "The Kids Aren't Alright" (Americana)
"Original Prankster" / "Want You Bad" (Conspiracy of One)
"Defy You" (Orange County soundtrack)
"Hit That" / "(Can't Get My)" Head Around You (Splinter)
The song "Can't Repeat" is also included in the collection and was the compilation's first single, peaking in the Top 10 on both Billboard's Modern Rock Tracks and Mainstream Rock Tracks charts. In addition, Greatest Hits climbed to #8 on the Billboard 200, selling 70,000 copies in its first week of release, and certified both gold and platinum by the Recording Industry Association.
The Offspring are currently on their Let The Bad Times Roll Tour. It includes American dates, European festivals in June, and visits to Canada, Japan, and Brazil for summer performances, with additional dates in additional countries to be announced shortly. A confirmed touring schedule is below or available on Offspring.com.
Dexter Holland returned to his alma mater on May 14 to deliver an inspiring commencement speech for the USC Keck School of Medicine, speaking to recent Ph.D., MPH, and MS graduates.
The band continues to be active on social media, posting a series of "How To" videos on YouTube, which includes a primer on how to fly a fighter jet, as well as Cockpit Karaoke, a take-off on the James Corden routine in which Dexter and Noodles sing "Come Out and Play" while airborne. Also available online is the 2022 Tour Trailer https://www.youtube.com/watch?v=MbreP-FHPW8
TOUR DATES 2022
May 6 Tampa, FL, Seminole Hard Rock Hotel & Casino
May 8 Atlanta, GA, The Tabernacle
May 10 Raleigh, NC, Red Hat Amphitheater
May 11 Baltimore, MD, Pier Six Pavilion
May 12 Asbury Park, NJ, Stony Pony Summerstage
May 15 Boston, MA, House of Blues
May 17 New York, NY, The Rooftop at Pier 17
May 18 Pittsburgh, PA, Stage AE
May 20 Detroit, MI, The Fillmore
May 21 Chicago, IL, Byline Bank Aragon Ballroom
May 22 Milwaukee, WI, The Rave/Eagles Club – Eagles Ballroom
June 3 Nürburgring, Nüburg, Germany, Rock Am Ring
June 4 Nürnberg, Germany, Rock Im Park
June 7 Esch-Sur-Alzette, Luxembourg, Rockhal
June 9 Interlaken, Switzerland, Greenfield Festival
June 11 Nickelsdorf, Austria, Nova Rock Festival
June 12 Prague, Czech Republic, Power Station Holešovice, Prague Summer Festival
June 15 Crans-près-Céligny, Switzerland, Caribana Festival
June 16 Vitoria-Gastiez, Spain, Azkena Rock Festival
June 17 Clisson, France, Hellfest 2022
June 19 Dessel, Belgium, Graspop Metal Meeting
June 21 Milano, Italy, Carroponte
June 22 Padova, Italy, Sherwood Festival
June 24 Ysselsteyn, Netherlands, Jera On Air Festival
June 25 Münster, Germany, Vaintream Rockfest
June 26 Evreux, France, Rock in Evreux
July 13 Calgary, AB Roundup Festival
July 28 Costa Mesa, CA, Pacific Amphitheatre
July 29 Paso Robles, CA, Vino Robles Amphitheatre
July 30 Sacramento, CA, Hard Rock Live
Aug 4 Sherbrooke, QUE Palais Des Sports
Aug 6 Rimouski, QUE Les Grandes Fetes TELUS
August 20 Tokyo, Japan, Japan Summer Sonic 2022
August 21 Osaka, Japan, Japan Summer Sonic 2022
September 8, Rio de Janeiro, Brazil, Rock in Rio
View original content to download multimedia:
SOURCE UMe; Round Hill Records / UMe | https://www.mysuncoast.com/prnewswire/2022/05/20/offspring-greatest-hits-be-released-first-time-vinyl-july-29-with-tours-north-america-europe-japan-more-tap/ | 2022-05-20T17:20:18Z |
BOSTON, Sept. 6, 2022 /PRNewswire/ -- Alcanza Clinical Research, a mission-focused investigator site network, announces the acquisition of Charlottesville Medical Research (CMR), a community-based research facility based in Charlottesville, Virginia. Since its inception in 1991, CMR specializes in Phase II-IV studies across a host of therapeutic areas.
"The addition of CMR to the Alcanza network is part of our strategy to expand research into geographic areas outside of metropolitan hubs to reach patient populations who are not traditionally presented with research participation opportunities," said Carlos Orantes, CEO of Alcanza. "CMR's reputation for rapid enrollment and providing exceptional patient experiences in chronic diseases and vaccine studies are a perfect complement for Alcanza's growth portfolio."
"CMR is extremely excited about the opportunity to join the Alcanza network," said Dr. James Clark, CEO of CMR. "We value the way Alcanza is pushing the traditional research boundaries forward through their emphasis on diversity and community-based sites to create better medicines and sustainable health equity. Together, we will forge new approaches to clinical trial access that continue to make us a great partner to our customers."
CMR will continue to operate as an independent site within the Alcanza network and retain its name. Dr. James Clark will retain the role of medical director and remain as a leader and principal investigator of the site.
Alcanza Clinical Research is an integrated network of research facilities focused on bringing clinical trial opportunities involving life-changing treatments and vaccines to all patients, especially those from under-represented communities. With locations in Massachusetts, Michigan, New Hampshire, South Carolina, and Virginia, we specialize in a range of conditions across psychiatry, neurology, dermatology, and infectious disease therapeutic areas.
The Alcanza network includes five multi-specialty organizations in eight locations.
ActivMed Practices and Research and Allcutis Research conduct Phase I-IV research across multiple locations in Massachusetts and New Hampshire.
Boston Clinical Trials serves the Boston, MA metro area with Phase II-IV studies.
Charlottesville Medical Research serves central Virginia patients with Phase II-IV studies.
Coastal Carolina Research Center offers Phase I-IV studies from the largest multi-therapeutic research site in the southeast United States.
Quest Research Institute provides Phase I-IV studies to southeastern Michigan patients and healthy volunteers.
Contact:
Alcanza Public Relations
View original content to download multimedia:
SOURCE Alcanza Clinical Research | https://www.kxii.com/prnewswire/2022/09/06/alcanza-clinical-research-strengthens-inclusive-research-capability-with-acquisition-charlottesville-medical-research/ | 2022-09-06T15:59:14Z |
Campers work on an art project at a 2022 summer art camp at the Albany Museum of Art. The AMA has been awarded a Bridge Grant by Georgia Council for the Arts.
ALBANY ─ The Albany Museum of Art was awarded a grant by the Georgia Council for the Arts, a strategic arm of the Georgia Department of Economic Development, as part of its initial disbursement of grants for Fiscal Year 2023.
A total of 213 organizations was awarded 253 grants that provide more than $3.1 million in funding to arts organizations throughout the state. The Bridge Grant will provide operating support funding to 134 organizations, the Project Grant will help fund 59 arts projects, and the Arts Education Program Grant will be distributed to 60 organizations.
“The arts sector has proven its resilience over the last two years, and it has played a major role in restarting the economy through attracting tourism, bringing communities back together, and aiding classroom learning as we inspire the work force of the future,” Georgia Council for the Arts Executive Director Tina Lilly said. “The 253 grants we have awarded will help cities and organizations bring people more back to work while enhancing the qualities that make Georgia so special.”
The AMA was awarded a $30,000 Bridge Grant to help with recovery from COVID shutdowns.
“The AMA is honored to be the recipient of this critical funding,” Andrew J. Wulf, executive director of the AMA, said. “Like many arts organizations, we are able to weather these turbulent times of pandemic, inflation and political unrest through this type of tangible support and through our conviction that a meaningful experience of the arts is essential and fundamental to life. This funding shall further support our goal never to tire from our work to recognize, strengthen and empower the communities we serve.”
Funds awarded by the Georgia Council for the Arts include appropriations from the Georgia General Assembly and the National Endowment for the Arts.
Georgia Council for the Arts uses peer review panels to judge and review applications following standard practices set by the National Endowment for the Arts. Panelists are GCA Council members and fellow professionals who are experienced in the arts discipline or type of grant being reviewed, or are citizens with a record of arts activities, experience and knowledge. Grant recipients include theaters, dance companies, museums, cities, colleges, and multidiscipline arts entities.
Georgia Council for the Arts is a strategic arm of the Georgia Department of Economic Development whose mission is to cultivate the growth of vibrant, thriving Georgia communities through the arts. GCA provides grant funding, programs, and services statewide that support the vital arts industry, preserve the state’s cultural heritage, increase tourism and nurture strong communities. Funding for Georgia Council for the Arts is provided by appropriations from the Georgia General Assembly and the National Endowment for the Arts. Visit www.gaarts.org for more information.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/entertainment/albany-museum-of-art-receives-georgia-council-for-arts-grant/article_2e339846-26f0-11ed-8910-539b0942c830.html | 2022-08-28T18:08:24Z |
Grand opening celebration on September 8, 2022
SALT LAKE CITY, Sept. 5, 2022 /PRNewswire/ -- Celebrity's Soul Food®, the country's fastest-growing soul food chain, is continuing its expansion plans and bringing its legendary recipes and best-in-class service to Salt Lake City. The newest location 487 E. 12300 South, Draper, UT 84020 marks the first for Utah and the first bistro-style concept for the brand. Franchise owners Scott and Anissa Hargraves will be leading the Salt Lake City team. A grand opening celebration is scheduled for September 8, from 12:00 p.m.- 8:00 p.m. Doors will be open to the public at 11 a.m. Guests will enjoy entertainment, prizes, and more to commemorate the day.
"We are delighted to partner with Scott and Anissa to bring our restaurant concept to Utah and further grow our brand," said Taja Jacobs, Co-Founder and CEO for Celebrity's Soul Food. "Our restaurants are typically full-service establishments, but Salt Lake City will be home to our first bistro-style restaurant. Guests will get to enjoy our bold and flavorful menu offerings and exceptional hospitality with the convenience of a quick-service format."
"We draw inspiration from various cultures from around the world to create our menu that boasts an innovative and modern approach to soul food. Our high-quality meals satisfy a range of tastes from meat lovers to vegetarians to vegans and even flexitarians," added Jacobs. "We're looking forward to serving the greater Salt Lake City area, whether you're a resident or just visiting the area and it's amazing offerings."
The Salt Lake City restaurant will be open Sunday through Saturday from 11 a.m.-8 p.m.
About Celebrity's Soul Food
Celebrity's Soul Food®, the country's fastest-growing soul food chain, provides legendary, scratch-made dishes paired with a VIP experience to every guest. The quality casual restaurant takes guests on a culinary adventure with its innovative twist on traditional soul food. Dishes are prepared fresh and with high-quality ingredients.
For more information about Celebrity's Soul Food, visit www.celebrityssoulfood.com or follow the Salt Lake City restaurant at https://www.facebook.com/celebrityssoulfoodsaltlakecity/.
MEDIA CONTACT:
Karyna Smith
Karyna@Inklinkmarketing.com
View original content:
SOURCE Celebrity’s Soul Food | https://www.mysuncoast.com/prnewswire/2022/09/05/celebritys-soul-food-opens-first-bistro-style-restaurant-salt-lake-city/ | 2022-09-05T15:38:54Z |
NEW YORK, July 25, 2022 /PRNewswire/ -- Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology that dramatically reduces environmental impacts and recovers valuable resources, announced a letter of intent with Ribbonwire Ranch to build a 15,000 head sustainable beef cattle feeding operation in Dalhart, Texas. The facility will include innovative barn systems, anaerobic digesters and Bion's cutting edge waste treatment technology.
Bion and Ribbonwire will work together to create a definitive Joint Venture this Fall, allowing plans to move forward to commence construction of the Dalhart sustainable beef facility during 2023. The LOI contains a provision to allow expansion of the project to four phases, representing 60,000 head capacity or annual production of 180,000 head. Bion expects formal agreements with foodservice and retail customers over the next few months.
The Dalhart facility will be developed to produce blockchain-verified sustainable beef, reduce the stress on cattle caused by extreme weather and temperatures, while remediating the environmental impacts associated with cattle Concentrated Animal Feeding Operations (CAFOs). Bion's patented technology will refine the waste stream into valuable coproducts that include clean water, renewable natural gas (RNG), and organic fertilizer products. The revenues generated from these new product lines will transform a cattle feeder from a marginally profitable business into a lucrative one.
Chad Schoonover co-founder of Ribbonwire Ranch said "We are excited to be partnered with Bion for this initial system. This could change the industry. This new approach allows us to capture what has otherwise been lost, while still providing a humane environment that doesn't pollute the air, water or land." Doug Lathem, co-founder of Ribbonwire, said "I am proud that we are working on a better way to feed cattle, one that will allow our kids and grandchildren to live and work in this area for generations to come."
Bill O'Neill, Bion's CEO, expressed his appreciation to Ribbonwire for recognizing this opportunity and wanting to be part of it. "We are fortunate to be working with a forward-thinker like Ribbonwire Ranch. We realize that this announcement is just a first step in making sustainable beef a reality. However, it is an important step to giving the consumer the sustainable beef they want and helping cattle feeders and producers create more value for their cattle. And equally important is the fact we are keeping the waste stream from polluting the air, land, and water, and verifying those improvements in the process."
About Ribbonwire Ranch: Ribbonwire is a cattle ranch in the Texas panhandle that operates on approximately 40,000 acres of grazing lands that is certified organic; its affiliated entity, Lathem Farms, operates +/- 10,000 acres of farmland, of which approximately 70% is certified organic. It is considered the largest organic cow/calf operation in the State of Texas. The principals of Ribbonwire and Lathem have over 50 years of combined knowledge and experience growing feed and producing organic cattle.
About Bion: Bion's patented third generation technology was designed to largely mitigate the environmental impacts of large-scale livestock production and deliver a USDA-certified sustainable product to the consumer. The platform simultaneously recovers high-value environmentally friendly fertilizer coproducts and renewable energy that increase revenues. Bion's 3G Tech platform can create a pathway to economic and environmental sustainability with 'win-win' benefits for at least a premium sector of the $175 billion U.S. livestock industry and the consumer. For more information, see Bion's website at https://bionenviro.com.
This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words 'intent', 'expect', 'can', 'will', and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes.
View original content:
SOURCE Bion Environmental Technologies, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/25/bions-new-technology-will-make-beef-sustainable-profitable-cattle-feeders-amp-ranchers/ | 2022-07-25T15:50:28Z |
Firm Strategically Expands Wealth Management Capabilities in 2022
ATLANTA , June 6, 2022 /PRNewswire/ -- OneDigital Investment Advisors, an SEC-registered investment adviser and wholly-owned subsidiary of OneDigital ("OneDigital"), a leading insurance brokerage, financial services and HR consulting firm, today announced it has acquired TimeScale Financial, a Danvers, MA-based registered investment adviser. This acquisition marks OneDigital's 5th transaction in a five-month period of strategic growth of the wealth management offering.
For over 25 years, TimeScale Financial has offered the highest level of collaboration, transparency, technical proficiency, and service. Their empowered approach benefits 95 institutional and 950 individual clients to reach financial independence by focusing on what matters to the client. TimeScale currently manages approximately $3 billion in assets across wealth management and retirement plan advising.
"The TimeScale Financial team is regarded for redefining the standard of fiduciary excellence and helping clients measure what matters to them, not just investment performance," said Vince Morris, President of OneDigital's Retirement and Wealth division. "These values are core to OneDigital's growing Wealth division, and we are excited to integrate the TimeScale team into our New England region."
Commenting on the partnership, James Horrocks, TimeScale's Chief Executive Officer, said, "Our mission is to help people achieve financial independence, however they define it. As an industry-leading advisory firm that challenges the status quo and provides a client experience that is based on education, empowerment, and transparency, we were drawn to OneDigital's likened sense of purpose and incredibly similar culture. By partnering with OneDigital, we are excited to help even more people achieve and enjoy their unique definition of financial independence."
TimeScale's full 19-employee team will join OneDigital led by James Horrocks, Senior Vice President – Retirement + Wealth; Kate Asack, Vice President Operations; and Neil Tremblay, Vice President – Retirement.
Following the completion of the TimeScale Financial acquisition, OneDigital Investment Advisors will be responsible for advising approximately $106.7 billion in total assets under advisement, representing over one million participants and 41,000 individual accounts. Strategic partnerships have led to significant growth for the firm, fueling its investments in technology solutions and other resources that deliver efficiencies for broker partners and the customers they serve.
OneDigital delivers strategic advisory consulting and technology-forward solutions to more than 85,000 employers across the nation. As employee health care, wellness and workplace benefits continue to converge, businesses of all sizes have relied on OneDigital's exceptional advisory teams for counsel in employee benefits, wellbeing, human resources, pharmacy consulting, property and casualty solutions, as well as the retirement and wealth management services provided through OneDigital Investment Advisors. OneDigital's commitment to technology and innovation enables its 3,000 advisors to deliver the most modern and intuitive customer experience anywhere in the industry.
OneDigital has been named a Best Place to Work in Insurance by Business Insurance. For more information, visit onedigital.com.
Investment advice offered through OneDigital Investment Advisors, an SEC-registered investment adviser and wholly owned subsidiary of OneDigital.
TimeScale Financial, Danvers, MA, is a diversified, independent and privately held financial services firm. TimeScale comprises a group of professionals with specialties in all areas of financial planning, wealth management, investment management, and retirement plan advisory. For more information, visit timescalefinancial.com.
Chelsea McKenna
chelsea.mckenna@onedigital.com
View original content to download multimedia:
SOURCE OneDigital | https://www.mysuncoast.com/prnewswire/2022/06/06/onedigital-accelerates-wealth-management-offering-with-addition-timescale-financial/ | 2022-06-06T12:45:52Z |
NEW YORK and CHICAGO, Aug. 5, 2022 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP, a preeminent national consumer rights law firm, is investigating claims on behalf of patients of Avamere Health Services whose information may be have stolen in a recent data breach from January 2022 to March 2022.
Avamere is notifying patients that their personal information, including: names, addresses, telephone numbers, dates of birth, Social Security numbers, driver's license numbers, financial account information, claims information, and/or diagnosis and medication information may have been stolen as part of a recent hack.
If you have received a recent notice of the data breach, it is possible that your personal medical information was compromised and is being offered for sale on the dark web.
If you wish to discuss this litigation, or if you have any questions regarding your rights and interests in this matter, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at gstone@whafh.com, or visit our website at www.whafh.com.
PLEASE CLICK HERE TO FILL OUT CONTACT FORM
Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of consumer rights litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas and offices in New York, Chicago and San Diego. Courts have repeatedly recognized the reputation and expertise of this firm and have appointed it to major positions in complex consolidated litigation.
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Gregory Stone, Director of Case and Financial Analysis
Carl Malmstrom, Esq., Partner
Email: gstone@whafh.com or malmstrom@whafh.com
Tel: (800) 575-0735 or (619) 239-4599
Attorney Advertising. Prior results do not guarantee or predict a similar outcome.
View original content:
SOURCE Wolf Haldenstein Adler Freeman & Herz LLP | https://www.kxii.com/prnewswire/2022/08/05/wolf-haldenstein-adler-freeman-amp-herz-llp-avamere-health-services-data-breach-alert/ | 2022-08-05T14:34:24Z |
CINCINNATI, May 18, 2022 /PRNewswire/ -- "Road to the Bee" – a new, exclusive, one-hour original special documenting what it is like to prepare for and compete in the iconic Scripps National Spelling Bee – will premiere at 8 p.m. ET Thursday, May 26 on ION and Bounce.
It comes just days before the 2022 Bee begins. Accomplished actor, director, educator and lifelong children's literacy advocate LeVar Burton, host of the 2022 Scripps National Spelling Bee, narrates "Road to the Bee."
For the first time in Bee history, the competition will air on ION and Bounce, which are part of Scripps' portfolio of free, over-the-air national networks. The semifinals will air, live-to-tape, on ION and Bounce from 8-10 p.m. ET on Wednesday, June 1. (The semifinals are scheduled to begin at 3:30 p.m.) The finals will air live on ION and Bounce from 8-10 p.m. ET on Thursday, June 2.
"Road to the Bee" goes behind the scenes with officials and 10 of this year's regional competitors for a rare, inside look at the time, effort and, yes, practice, which goes into preparing for the nearly 100-year-old academic competition. It includes perspectives from those who support spellers, including family and members of the community. The special also includes a look at the event's rich history, a visit with 2021 champion Zaila Avant-garde and the story behind the Bee's infamous bell.
"Road to the Bee" will have encore airings on Newsy on May 29, June 3 and June 5; visit Newsy.com for times.
The Bee is the nation's longest-running educational competition, having launched in 1925, and aired on ESPN platforms since 1994. The E.W. Scripps Company (NASDAQ: SSP) is the longtime steward of the competition and owns ION and Bounce. ION is the No. 5 most-watched entertainment network in primetime, and Bounce is the No. 2 most-watched network targeted to African Americans across broadcast and cable TV.
Visit spellingbee.com for more details on how to watch "Road to the Bee," the full broadcast and streaming schedules for the 2022 Scripps National Spelling Bee.
RSVP for Bee media teleconference
The Bee will host a teleconference on Wednesday, May 18, at 1 p.m. ET for journalists covering the 2022 Scripps National Spelling Bee, featuring Dr. J. Michael Durnil, executive director of the Bee, and David Hudson, head of original programming, Scripps Networks. RSVP to Media@spellingbee.com to get call-in information.
Media contact: Michael Perry, (513) 259-4718, michael.perry@scripps.com
About the Scripps National Spelling Bee:
The Scripps National Spelling Bee is the nation's largest and longest-running educational program, having launched in 1925. The purpose of the Scripps National Spelling Bee is to help students improve their spelling, increase their vocabularies, learn concepts and develop correct English usage that will help them all their lives. Visit spellingbee.com for more information about the Scripps National Spelling Bee, which is administered on a not-for-profit basis by The E.W. Scripps Company (NASDAQ: SSP).
About ION
ION (@iontv) is a top-five rated broadcast television network featuring a lineup of popular off-network series, original and holiday movies and more. ION is available to 99% of U.S. television homes free and over the air with a digital antenna, on cable, on DISH channel 250 and DIRECTV channel 305, and over the top on Pluto TV. ION is part of The E.W. Scripps Company (NASDAQ: SSP).
View original content to download multimedia:
SOURCE SCRIPPS | https://www.kxii.com/prnewswire/2022/05/18/road-bee-special-premieres-may-26-ion-bounce-advance-scripps-national-spelling-bee/ | 2022-05-18T15:20:56Z |
SAN ANTONIO (AP) — Texas Democratic gubernatorial nominee Beto O’Rourke said Sunday that he had cleared his campaign schedule after receiving treatment at a San Antonio hospital for an unspecified bacterial infection.
In a statement tweeted Sunday by his campaign, O’Rourke said he sought treatment at Methodist Hospital in San Antonio after feeling ill Friday.
Intravenous antibiotic infusions improved his symptoms, O’Rourke said.
“While my symptoms have improved, I will be resting at home in El Paso in accordance with the doctors’ recommendations,” he said. “I am sorry to have had to postpone events because of this, but (I) promise to be back on the road as soon as I am able.”
O’Rourke continues to trail Republican Gov. Greg Abbott in opinion polls before the Nov. 8 general elections. | https://cw33.com/news/ap-top-headlines/ap-illness-interrupts-orourke-campaign-for-texas-governor/ | 2022-08-29T09:40:03Z |
Rolls Out New Product Innovations and Center of Excellence Strategies to Maximize ROI and Value Velocity
SAN FRANCISCO, May 16, 2022 /PRNewswire/ -- Celonis, the global leader in execution management, today unveiled the full line up of speakers, products, and highlights for the 2022 Celonis World Tour. The Celonis World Tour kicks off at the Rosewood Sand Hill Hotel in Bay Area California and then rolls through 12 cities in the United States, Europe, and Japan. Celonis also released a new set of product enhancements and research findings that will help companies accelerate ROI and top, bottom, and green line value from process initiatives.
The Celonis World Tour is a series of live in-person events that will feature more than 100 of the industry's top companies, GSIs, industry experts, and Celonis leaders. The discussions will cover a wide range of topics including how to fight inflation, supply shortages, and recessionary factors with execution management. Speakers will showcase how the world's leading companies are dramatically improving performance by finding and fixing hidden inefficiencies in front office, back office, and supply chain processes.
Speakers from leading companies including Accenture, IBM, Bosch, Deloitte, HP, KPMG, the LEGO Group, LinkedIn, MARS, Nationwide Insurance, ServiceNow, Splunk, Uber, Constellation Research, HFS and more will share their best practices on applying data, intelligence, and automated actions to core business functions.
At each world tour stop, Celonis product leaders will showcase new enhancements for the Celonis Execution Management System (EMS) that help streamline the ability to integrate data, apply intelligence and trigger actions with the Celonis EMS.
- New Celonis Data Integration user experience: This new, visually guided setup process will make integrating data into the Celonis EMS easier and faster. This will streamline the first step of every new customer engagement.
- Enhanced Celonis Process Data Engine: The infusion of streaming data within the Celonis EMS is a game changing capability for companies to adjust processes and execute in real-time. The improved Celonis Process Data Engine enables customers to analyze large and complex process data sets, up to 52x faster than traditional SQL-based technology.
- New Celonis Experiences for Microsoft: This new Celonis offering will let customers integrate with Microsoft Power BI to share process data more broadly, collaborate through Microsoft Teams, and trigger automations in Microsoft Power Automate. This allows customers to use the insights and actions from Celonis EMS in the systems and tools that they already use.
- Enhanced Celonis Action Flows. Action Flows let customers apply intelligent automation to easily fix the process problems that the Celonis EMS finds. For example, customers can automatically trigger actions in SAP, Oracle, or Salesforce systems - or initiate workflows in ServiceNow, without touching the underlying systems.
New Celonis Execution Management Study Reports a Nearly Nine-Time Increase in Positive ROI Applying Centers of Excellence
Celonis released a new study conducted in conjunction with the Fraunhofer Institute for Applied Information Technology, available here in full. More than 200 Celonis customers participated in this research focused on the widespread benefits of Centers of Excellence for process initiatives.
Findings include:
- Companies with a CoE are almost nine times more likely to achieve positive ROI: 100% of those surveyed agreed that having a CoE is valuable, whether they have one or not.
- CoEs deliver powerful downstream benefits: 92% of customers agreed that a Celonis CoE increases transparency; 79% agreed that a CoE helps to better identify relevant use-cases; 75% agreed that a CoE has positive impact on cost savings; and 57% agreed that a CoE improves automation.
- Connecting more processes brings more value: 85% of customers who connected five or more processes into a Celonis CoE have yielded positive ROI.
- Scaling CoEs Across Departments Drives Higher Value: The more processes that are connected to a CoE, and the more departments a CoE supports, the greater the value. Customers reported a strong correlation between the size of a CoE and positive ROI.
"At BMW, our hybrid Celonis Center of Excellence has been the key enabler to most effectively leveraging the Celonis Execution Management System across our global organization since 2016," said Dr. Patrick Lechner, Head of Process Mining at BMW. "Based on many years of operational experience with Celonis, the CoE continues to give us valuable insights on best practices and success factors. We are always seeking to better optimize how we operate in all our business units starting from engineering to production to customer support and enabling."
"We have the ambition to apply process mining across our process landscape," said Timo Peters, Business Process Consultant at Nokia. "To achieve that, we want to expand user adoption on a daily basis with the Celonis Execution Management System. Our Celonis Center of Excellence is playing a crucial role in the roll out of Celonis, by providing tremendous insight into best practices for accelerating time to value, in particular with regards to change management, which is top on our priority list."
This research is the latest in a series of reports showcasing the value and momentum for the execution management movement. A recent report from the IBM Institute of Business Value found that 87% of Chief Supply Chain Officers plan to use execution management. And a recent Forrester Consulting survey found that 61% of business decision-makers will use, or are evaluating, process mining in the next 12 months, ranking it the top technology they plan to use to measure or improve their business processes.
About Celonis
Celonis reveals and fixes inefficiencies businesses can't see, enabling them to perform at levels they never thought possible. Powered by its market-leading process mining core, the Celonis Execution Management System provides a full set of platform capabilities for business executives and users to eliminate billions in corporate inefficiencies, provide better customer experience and reduce carbon emissions. Celonis has thousands of implementations with global customers and is headquartered in Munich, Germany and New York City, USA with more than 20 offices worldwide.
© 2022 Celonis SE. All rights reserved. Celonis, Execution Management System, EMS and the Celonis "droplet" logo are trademarks or registered trademarks of Celonis SE in Germany and other jurisdictions. All other product and company names are trademarks or registered trademarks of their respective owners.
Media Contact
Isabell Horvath
press@celonis.com
View original content to download multimedia:
SOURCE Celonis | https://www.wibw.com/prnewswire/2022/05/16/celonis-assembles-industrys-top-companies-business-leaders-12-city-execution-management-world-tour/ | 2022-05-16T17:46:09Z |
NEW YORK, July 29, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Yext, Inc. (NYSE: YEXT).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/yext-lawsuit-submission-form/?id=30347&from=4
The lawsuit seeks to recover losses for shareholders who purchased Yext between March 4, 2021 and March 8, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 16, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Yext, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) Yext's revenue and earnings were significantly deteriorating because of, among other things, poor sales execution and performance, as well as COVID-19 related disruptions; (ii) accordingly, Yext was unlikely to meet consensus estimates for its full year fiscal 2022 financial results and fiscal 2023 outlook; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/07/29/yext-shareholder-alert-jakubowitz-law-reminds-yext-shareholders-lead-plaintiff-deadline-august-16-2022/ | 2022-07-29T10:20:58Z |
Also Announces Hiring of Joe Rubino to Lead Efforts related to Information Security
CHICAGO, Aug. 17, 2022 /PRNewswire/ -- GTCR, a leading private equity firm, announced today the formation of its Portfolio Resources Group (PRG). PRG will be comprised of experienced functional leaders who can bring expertise, intellectual capital, vendor relationships and best practices in defined areas to support GTCR's investment teams and portfolio company leadership. The members of GTCR's Portfolio Resources Group are expected to bring enhanced capabilities and resources to aid in management's value creation plans. Consistent with GTCR's Leader's Strategy™ approach, PRG team members will work with a partnership orientation to collaboratively and constructively assist portfolio company leadership on key initiatives determined by management and company boards of directors.
"GTCR's approach is to be a constructive and value-added partner to our management leaders. Our industry domain expertise and our experience growing and transforming businesses are critical to being a good partner and building value alongside management. To further enhance the value-add that we can bring, we are investing in staff that will have expertise in specific functional areas, which will be available as a resource to our teams. The Portfolio Resources Group is a natural extension of the deep partnership we look to build with our executives and is expected to further the value creation that we can accomplish mutually," said Collin Roche, Managing Director and Co-CEO of GTCR.
As part of the Portfolio Resources Group, Travis Krueger, a Managing Director at GTCR, will continue to lead a team that provides data and analytics and portfolio support to assist GTCR's investment teams, investment committee and portfolio company management. Mr. Krueger joined GTCR in 2005 and has been instrumental in building the firm's capabilities to utilize data to develop insights on company performance and to better inform value creation plans. Mr. Krueger has also been a contributor to the creation of PRG and will be a key leader focused on driving impact at portfolio companies.
The PRG will supplement portfolio company support provided by the firm's investment teams as well as GTCR's in-house functional leaders in such areas as finance, legal, compliance, marketing/communications, leadership, information technology and ESG-DEI.
In conjunction with the formation of the Portfolio Resources Group, GTCR is announcing that Joe Rubino has joined as Managing Director, Information Security and Data Privacy. Mr. Rubino supports the firm's portfolio companies on key initiatives including cybersecurity, information management, data privacy and risk mitigation. Mr. Rubino has over two decades of security experience. He joins GTCR from HCL Software where he served as Vice President & Global Chief Information Security Officer, and previously he was Chief Information Security Officer for Bloomberg Industry Group. Before his private sector experience, Mr. Rubino spent 15 years at the Central Intelligence Agency, focused on data protection services and responsibilities.
Mr. Rubino joins other members of GTCR's Portfolio Resources Group who have joined the firm in the past year. Manoj Narayanan is a Managing Director with a focus on Technology and Digitization. Mr. Narayanan works with GTCR portfolio companies on enhancing technology infrastructure and undertaking transformative technology improvement initiatives. Most recently, Mr. Narayanan was CTO of Real Chemistry, and he was previously a Managing Director at Vista Equity Partners. Katelyn Moorhead is Director of Procurement. Ms. Moorhead works on procurement and sourcing initiatives across the portfolio as well as vendor management and partnerships. Prior to joining GTCR, Ms. Moorhead was a Director at PwC in Chicago, working in procurement and strategic sourcing for middle market clients.
"Joe brings a wealth of experience to GTCR, and he will help our portfolio company leadership to better assess and manage security risks within their organization and to enhance data management generally. Given the risks in today's world, and with the rapid changes in security technology, it is important that GTCR offers support to our management teams in this critical area," said Aaron Cohen, Managing Director and Head of Financial Services & Technology at GTCR. "We expect that Joe, Manoj, Katelyn, working with Travis and others within our firm, will further enhance our ability to deploy best practices within our portfolio companies, ultimately helping to drive transformative change that is the hallmark of our investment approach. We will look to strategically add capabilities in other key functional areas over time."
About GTCR
Founded in 1980, GTCR is a leading private equity firm that pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions. GTCR is focused on investing in transformative growth in companies in the Business & Consumer Services, Financial Services & Technology, Healthcare and Technology, Media & Telecommunications sectors. Since its inception, GTCR has invested more than $24 billion in over 270 companies, and the firm currently manages over $27 billion in equity capital. GTCR is based in Chicago with offices in New York and West Palm Beach. For more information, please visit www.gtcr.com. Follow us on LinkedIn.
GTCR Contact
Andrew Johnson
(212) 835-7042
andrew.johnson@gtcr.com
View original content to download multimedia:
SOURCE GTCR | https://www.mysuncoast.com/prnewswire/2022/08/17/gtcr-forms-portfolio-resources-group-support-portfolio-company-growth/ | 2022-08-17T12:14:31Z |
NEW YORK, May 30, 2022 /PRNewswire/ -- Rialto Markets' award-winning CEO and Co-founder Shari Noonan has highlighted "revolutionary thinking" behind the progressive broker-dealer's investment from Inveniam Capital Partners.
The partnership capitalises on the synergy between Inveniam's private market data functions and Rialto Markets' fully functional alternative trading system (ATS) and Noonan said:
"This investment and partnership will sit alongside other equity funding and coincides with Rialto Markets reaching $1.2 billion in signed contracts with companies looking to raise capital through Reg A, Reg CF crowdfunding and institutional Reg D investment offerings since the start of 2022, part of a total $2.5 billion business pipeline.
"The term 'eco-system' is often over-used in modern business, but it truly applies to the revolutionary thinking behind this growing group of complementary and layered partnerships instigated by Inveniam, soon to be followed by more."
She was referring to existing Inveniam alliances with digital securities routing and settlement network, Ownera, and Tokeny, which enables the issue, transfer, and management of assets on blockchain.
"We are all integrated yet separate entities," she added. "Able to work quickly with each other to keep pace with private market developments because, if crowdfunding and the private markets are already moving fast, that's nothing compared to the explosion which is imminent.
"Meantime, others have chosen to spend a lot of time and money to create 'one-stop shop' juggernauts, but it remains to be seen whether they can match the economies and flexibility our partnerships offer.
"And this co-operative rather than acquisitive approach has already worked in other big enterprise sectors, such as the media and pharmaceuticals, where household name 'supertankers' are working effectively with newly launched 'speedboats'."
Earlier this month Shari Noonan received the prestigious Positive Change Visionary Award in memory of Instinet Co-Founder Jerome Pustilnik, at the 2022 Markets Choice Awards – former winners include Wall Street luminaries such as Bill Brodsky, Dan Royal, Jennifer Nayar, Larry Thompson, and Thomas Peterffy.
Commenting further on her company's new partnership: "Trading shares used to be restricted to certain companies that could afford to publicly list on a platform such as the New York Stock Exchange or Nasdaq, but a regulated secondary market for private company shares offers trading and liquidity, and ultimately, price discovery.
"Both Inveniam and Rialto Markets – founded in 2015 and 2016 respectively – were not only created to thrive in this new world but also make the perfect fit for a partnership.
"Our broker-dealer skills and secondary market ATS can interface naturally with Inveniam and its proprietary operating system for private market data that drives price discovery and automated waterfall calculations. This unlocks secondary trading in the private securities market for retail and accredited investors.
Inveniam CEO and Founder Pat O'Meara said: "In order for there to be more fluid trading of private market securities, an entire eco-system must be established. As such, today's agreement with Rialto and Inveniam is an incredible advancement towards building that fully functioning eco-system.
"This is great news for middle market companies in search of capital and price discovery and is reminiscent of the development of the ECN (electronic communication network) markets in the '90s."
He added that the partnership arrives at a key point for private market companies, with investment into their capital assets growing four times faster than public markets during the decade up to 2019.
The lull in 2020 at the start of the pandemic, was then followed by a rebound to a new global record of almost $1.2 trillion according to McKinsey, highlighting that more companies are staying private longer or bypassing going public.
Shari Noonan added: "So, the private markets acceleration continues – Forbes predicts it will grow from $7 trillion to $30 trillion by 2030 – and our new partnership enables Rialto Markets to incorporate various components of Inveniam's digital securities data and real-time market data, thereby delivering transparency and trust for market participants."
For further context on this agreement and the formation of this private market trading ecosystem, please visit Pat O'Meara's post.
For further information please contact support@rialtomarkets.com
View original content:
SOURCE Rialto Markets | https://www.kxii.com/prnewswire/2022/05/30/rialto-markets-inveniams-revolutionary-partnership-points-more-alliances-private-securities-market-accelerates/ | 2022-05-31T02:17:28Z |
Flames use 3-goal third period to top Stars 3-1 in Game 5
CALGARY, Alberta (AP) — Mikael Backlund, Andrew Mangiapane and Trevor Lewis all scored in the third period, leading the Calgary Flames to a 3-1 victory over the Dallas Stars to take a 3-2 lead in their first-round playoff series. Jacob Markstrom made 20 saves for the Flames, who can win the series Friday in Dallas. If necessary, Game 7 would be back in Calgary on Sunday. Jason Robertson scored the lone goal for Dallas, and Jake Oettinger stopped 29 shots. | https://localnews8.com/sports/ap-national-sports/2022/05/11/flames-use-3-goal-third-period-to-top-stars-3-2-in-game-5/ | 2022-05-12T09:46:35Z |
Reports Record First Quarter Fiscal 2023 Adjusted EBITDA* of $2 Million and Raises Full-Year Fiscal 2023 Adjusted EBITDA* Guidance to $7 Million to $11 Million
Company Posted Record Net Income of $1.3 Million in Q1 Fiscal 2023
Completed Repurchase of 2 Million Shares of Common Stock
Extended Maturity of All of its Debt to Second Quarter 2024
LiveOne's PodcastOne Subsidiary Recently Closed an $8.1 Million Financing at a Post-Money Valuation of $68 Million
Expects to Complete Spin-Out of PodcastOne and PPVOne as Separate Public Companies This Year
LiveOne's Senior Management Will Host a Live Conference Call and Audio Webcast Beginning at 11:00 A.M. ET / 8:00 A.M. PT Thursday, August 11, 2022
LOS ANGELES, Aug. 11, 2022 /PRNewswire/ -- LiveOne (Nasdaq: LVO), an award-winning, creator-first, music, entertainment, and technology platform focused on delivering premium experiences and content worldwide through memberships, and live and virtual events, announced today operating results for its first fiscal quarter ended June 30, 2022 ("Q1 Fiscal 2023").
In Q1 Fiscal 2023, LiveOne posted revenue of $23.2 million, as well as Contribution Margin* of $7.8 million. On a U.S. GAAP basis, LiveOne posted record net income of $1.35 million on a consolidated basis, or $0.02 per diluted share, in Q1 Fiscal 2023, versus a net loss of ($8.1 million), or ($0.10) per diluted share, in the quarter ended June 30, 2021 ("Q1 Fiscal 2022"). On a non-U.S. GAAP basis, Adjusted EBITDA* in Q1 Fiscal 2023 was a record $2.0 million, as compared to a ($1.8) million loss in Q1 Fiscal 2022. The Company ended the Q1 Fiscal 2023 with $11.3 million in cash, $28.5 million in short-term assets and no short-term debt.
LiveOne's CEO and Chairman, Robert Ellin, commented, "The momentum in LiveOne's audio business, which includes Slacker Radio and PodcastOne, continues to experience growth of both paid members through partnerships, including Tesla, as well as an increase in advertising and sponsorships. We currently expect our audio business to collectively achieve revenue in excess of $80 million in Fiscal 2023 and generate more than $16 million in Adjusted EBITDA."
Mr. Ellin continued, "Our team has done an outstanding job of consolidating five acquisitions which are reducing costs and overhead by an expected $23 million on an annual basis, which includes also largely eliminating both live and streaming events that are not expected to be profitable. These measures allowed us to pull forward our timeline to achieve positive Adjusted EBITDA*. I am excited that we are raising our guidance for Adjusted EBITDA* to between $7 million and $11 million on a consolidated basis for Fiscal 2023."
Recent and Q1 Fiscal 2023 Highlights
- Paid members as of June 30, 2022 increased to more than 1,594,000, a net increase of approximately 432,000, or 37%, as compared to 1,162,000 paid members at June 30, 2021**. Total members (paid and unpaid) as of June 30, 2022 were 2,366,000.**
- LiveOne's wholly-owned subsidiary, PodcastOne, was ranked #8 on Podtrac's List of Top U.S. Podcast Publishers in July 2022 with U.S. unique monthly audience exceeding 6.1 million.
- In July 2022, LiveOne announced that its PodcastOne subsidiary closed a $8.1 million financing at a post-money valuation of $68 million as part of its intention to spin-out PodcastOne as a separate public company before fiscal year end.
- As of today, LiveOne has completed the repurchase of approximately 2.0 million shares of its common stock under its previously announced stock repurchase program.
- As previously announced in January 2021, with the assistance of J.P. Morgan, LiveOne is continuing a process to explore strategic alternatives in order to enhance shareholder value. Potential alternatives may include, among others, a strategic acquisition, divestiture, merger, sale or other form of business combination. There can be no assurance that LiveOne's efforts will result in a specific transaction or any particular outcome or its timing.
First Quarter Fiscal 2023 Results Summary Discussion
For Q1 Fiscal 2023, LiveOne posted revenue of $23.2 million versus $38.8 million in the prior year. The decrease was largely due to reductions in ticket/event revenue as PPV ticket fees and production revenues related to the Social Gloves event held during the quarter ended June 30, 2021 which did not reoccur.
Q1 Fiscal 2023 Operating Income was $0.2 million compared to a ($10.0) million loss in Q1 Fiscal 2022. The $10.2 million decrease in Operating Loss was largely a result of improved Contribution Margins along with reduced operating expenses.
Q1 Fiscal 2023 Adjusted EBITDA* was $2.0 million, as compared to Q1 Fiscal 2022 Adjusted EBITDA* of a ($1.8) million loss. Q1 Fiscal 2023 Adjusted EBITDA* was comprised of Operations Adjusted EBITDA* of $3.2 million and Corporate Adjusted EBITDA* of a ($1.2) million loss. The Operations Adjusted EBITDA* of $3.2 million was driven by improved Contribution Margins along with decreases in operating expenses.
Capital expenditures for Q1 Fiscal 2023 totaled approximately $0.8 million, which were driven by capitalized software costs associated with development of LiveOne's integrated music player and pay-per-view services.
At June 30, 2022, LiveOne had $11.3 million in cash and cash equivalents, which includes restricted cash of $0.3 million.
LiveOne is maintaining its previous guidance for Fiscal 2023 revenue of between $125 million - $140 million and increasing its Fiscal 2023 Adjusted EBITDA* guidance to between $7 million - $11 million.
Conference Call and Webcast
LiveOne's senior management will host a live conference call and audio webcast to provide a business update and discuss its operating and financial results beginning at 11:00 a.m. ET/ 8:00 a.m. PT on Thursday, August 11, 2022.
WHEN: Thursday, August 11, 2022
TIME: 11:00 AM ET / 8:00 AM PT
DIAL-IN (Toll Free): 844-200-6205
DIAL IN NUMBER (Local): 646-904-5544
ACCESS CODE: 498426
REPLAY NUMBER: 929-458-6194 / ACCESS CODE: 815897
WEBCAST – Both the live webcast and a replay can be accessed on the Investor Relations section of LiveOne's website at Events | LiveOne.
The webcast can also be accessed at: https://events.q4inc.com/attendee/814546711
About LiveOne, Inc.
Headquartered in Los Angeles, California, LiveOne, Inc. (NASDAQ: LVO) (the "Company") is an award-winning, creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. The Company was awarded Best Live Moment by Digiday for its "Social Gloves" PPV Event, and has been a finalist for 8 more awards, including Best Live Event, Best Virtual Event, Best Overall Social Media Excellence, and Best Original Programming from Cynopsis and Digiday. As of June 30, 2022, the Company has accrued a paid and free membership base of over 2.37 million**, streamed over 2,900 artists, has a library of 30 million songs, 600 curated radio stations, over 300 podcasts/vodcasts, hundreds of pay-per-views, personalized merchandise, released music-related NFTs, and created a valuable connection between fans, brands, and bands. The Company's wholly-owned subsidiaries include Slacker Radio, React Presents, Gramophone Media, Palm Beach Records, Custom Personalization Solutions, LiveXLive, PPVOne and PodcastOne, which generates more than 2.48 billion downloads per year and 300+ episodes distributed per week across its stable of top-rated podcasts. LiveOne is available on iOS, Android, Roku, Apple TV, Amazon Fire, and through OTT, STIRR, and XUMO. For more information, visit www.liveone.com and follow us on Facebook, Instagram, TikTok, and Twitter at @liveone.
* About Non-GAAP Financial Measures
To supplement our consolidated financial statements, which are prepared and presented in accordance with the accounting principles generally accepted in the United States of America ("GAAP"), we present Contribution Margin (Loss) and Adjusted Earnings Before Interest Tax Depreciation and Amortization ("Adjusted EBITDA"), which are non-GAAP financial measures, as measures of our performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss and or net income (loss) or any other performance measures derived in accordance with GAAP or as an alternative to net cash provided by operating activities or any other measures of our cash flows or liquidity.
We use Contribution Margin (Loss) and Adjusted EBITDA to evaluate the performance of our operating segment. We believe that information about these non-GAAP financial measures assists investors by allowing them to evaluate changes in the operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and the other factors that affect reported results. Adjusted EBITDA is not calculated or presented in accordance with GAAP. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Accordingly, Adjusted EBITDA should be considered in addition to, and not as a substitute for operating income (loss), net income (loss), and other measures of financial performance reported in accordance with GAAP. Furthermore, this measure may vary among other companies; thus, Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies.
Contribution Margin (Loss) is defined as Revenue less Cost of Sales. Adjusted EBITDA is defined as earnings before interest, other (income) expense, income tax expense, depreciation and amortization and before (a) non-cash GAAP purchase accounting adjustments for certain deferred revenue and costs, (b) legal, accounting and other professional fees directly attributable to acquisition activity, (c) employee severance payments and third party professional fees directly attributable to acquisition or corporate realignment activities, (d) certain non-recurring expenses associated with legal settlements or reserves for legal settlements in the period that pertain to historical matters that existed at acquired companies prior to their purchase date and a one-time minimum guarantee to effectively terminate a live events distribution agreement post COVID-19, (e) depreciation and amortization (including goodwill impairment, if any), and (f) certain stock-based compensation expense. Management does not consider these costs to be indicative of our core operating results.
With respect to projected full year 2023 Adjusted EBITDA, a quantitative reconciliation is not available without unreasonable efforts due to the high variability, complexity and low visibility with respect to purchase accounting adjustments, acquisition-related charges and legal settlement reserves excluded from Adjusted EBITDA. We expect that the variability of these items to have a potentially unpredictable, and potentially significant, impact on our future GAAP financial results.
For more information on this non-GAAP financial measure, please see the table entitled "Reconciliation of Non-GAAP Measure to GAAP Measure" included at the end of this release.
Forward-Looking Statements
All statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "may," "might," "will," "will likely result," "would," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company's reliance on one key customer for a substantial percentage of its revenue; the Company's ability to consummate any proposed financing, acquisition, spin-out, distribution or transaction, including the proposed spin-out of PodcastOne or its pay-per-view business, the timing of the closing of such proposed event, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all, or that the closing of any proposed financing, acquisition, spin-out, distribution or transaction will not occur or whether any such event will enhance shareholder value; PodcastOne's ability to list on a national exchange; the Company's ability to continue as a going concern; the Company's ability to attract, maintain and increase the number of its users and paid members; the Company identifying, acquiring, securing and developing content; the Company's intent to repurchase shares of its common stock from time to time under its announced stock repurchase program and the timing, price, and quantity of repurchases, if any, under the program; the Company's ability to maintain compliance with certain financial and other covenants; the Company successfully implementing its growth strategy, including relating to its technology platforms and applications; management's relationships with industry stakeholders; the effects of the global Covid-19 pandemic; uncertain and unfavorable outcomes in legal proceedings; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of the Company's subsidiaries; and other risks, uncertainties and factors including, but not limited to, those described in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2022, filed with the U.S. Securities and Exchange Commission (the "SEC") on June 29, 2022, and in the Company's other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof, and the Company disclaims any obligations to update these statements, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.
** Included in the total number of members for the reported periods are certain members which are the subject of a contractual dispute. LiveOne is currently not recognizing revenue related to these members.
Financial Information
The tables below present financial results for the three months ended June 30, 2022 and 2021.
View original content to download multimedia:
SOURCE LiveOne, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/11/liveone-reports-q1-fiscal-2023-revenue-232-million-maintains-guidance-fiscal-2023-revenue-between-125-million-140-million/ | 2022-08-11T12:53:40Z |
LOS ANGELES, Sept. 12, 2022 /PRNewswire/ -- In collaboration with Definitive Authentic and Shopify, Devin Booker of the Phoenix Suns will auction his one-of-a-kind Nike Kobe 4 Protro sneakers at DevinBookerAuction.com with sign up for access to the auction beginning today.
These are the exact sneakers worn by Devin in the closeout game 6 against the Lakers in the first round of the 2021 Western Conference playoffs, his standout performance in the Western Conference finals scoring his first triple double against the LA Clippers, and in the NBA Finals against the Milwaukee Bucks. Influenced by Devin's close relationship with Kobe Bryant, the sneakers are memorable for featuring Devin's handwritten tribute to Kobe with the message of "Be Legendary."
"…Be Legendary, that's a reminder, a reminder to me even without that reminder it crosses my mind at least 2-3 times a day." Devin Booker
[click here for full interview]
Devin and his Nike Kobe 4 Protro sneakers with the handwritten "Be Legendary" message will be featured as the cover illustration for the NBA 2K23 Digital Deluxe Edition of the game, dropping September 9, 2022. [click here to watch trailer]
- Right sneaker handwritten messaging: "Be Legendary", Devin Booker (signature) #1, Close Out vs. LAL, 47 pts 11r 3a
- Left sneaker handwritten messaging: "Be Legendary", #mambamentality, Devin Booker (signature) #1, "6/3/21"
- Size: 14.5
- Includes yellow Nike Air box with clear plastic bag featuring the Phoenix Suns logo, and printed tissue paper with printing that reads, "1. Philadelphia 2. Toronto 3. Vancouver 4. Milwaukee 5. Minnesota 6. Boston 7. Los Angeles 8. New Jersey 9. Dallas 10. Indiana 11. Oakland 12. Cleveland 13. Charlotte"
- Devin Booker / Definitive Authentic Certificate of Authenticity
The website and auction experience is powered by Shopify, a platform that helps entrepreneurs around the world build online businesses, making these iconic sneakers accessible for anyone to bid on. To sign up for access to the auction, visit the official auction site DevinBookerAuction.com. The official auction will begin accepting bids on September 22, 2022, ending on September 29th
Devin Booker was born in 1996 in Grand Rapids, Michigan to parents Veronica Gutierrez and Melvin Booker. His father exposed Devin to basketball at an early age, as Melvin played professionally both in the NBA and overseas. In his early teen years, Devin Booker spent time in the summer in Italy, where Melvin had been playing for Olimpia Milano. Booker also has a brother, Davon Wade, and a sister, Mya Powell. With the Suns, Booker has pledged to donate $2.5 million over a five-year span to his charity "Devin Booker Starting Five," which is dedicated to impacting the lives of Arizona youth and families in need. You can follow Booker on Twitter (@DevinBook) and Instagram (@dbook).
DEFINITIVE Authentic works directly with world renowned artists, athletes, brands, and franchises to protect, preserve, certify, and exhibit their artifacts. Our exclusive relationships provide unequaled access to firsthand stories, personal archives, and exclusive items with the assurance of known provenance. These remarkable artifacts are presented as individual pieces, curated collections and limited-edition offerings made available to collectors and fans by DEFINITIVE Authentic and our select partner relationships. Visit www.definitiveauthentic.com.
Shopify is a leading provider of essential internet infrastructure for commerce, offering trusted tools to start, grow, market, and manage a retail business of any size. Shopify makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for consumers everywhere. Proudly founded in Ottawa, Shopify powers millions of businesses in more than 175 countries and is trusted by brands such as Allbirds, Gymshark, Heinz, Tupperware, FTD, Netflix, FIGS, and many more. For more information, visit www.shopify.com.
View original content to download multimedia:
SOURCE DEFINITIVE Authentic | https://www.kxii.com/prnewswire/2022/09/12/devin-booker-auctioning-his-one-of-a-kind-hand-signed-nike-kobe-4-protro-sneakers-worn-during-his-standout-performance-2021-nba-post-season/ | 2022-09-12T16:47:12Z |
‘Suspicious’ death of 13-year-old girl ruled a homicide, police say
BEAVERTON, Ore. (KPTV/Gray News) – The cause of death of a missing 13-year-old girl who was found dead under “suspicious” circumstances has been ruled a homicide by Oregon police.
Investigators began an investigation into sixth-grader Milana Li’s death following the discovery of her body around 3 p.m. Tuesday, KPTV reported. An autopsy performed on Li Wednesday confirmed the death was a homicide.
Officers say dozens of tips have been received from the community and investigators are following up on several leads.
Beaverton Police Department said investigators do not believe there is any continued threat to the community.
“When a 13-year-old is murdered in our community that’s obviously a tragic event that rocks our community and our police department,” Matt Henderson of the Beaverton Police Department said. “And I want our community to know that the full power of the Beaverton Police Department’s investigative staff is working this case. And we’re gonna find who did this to Milana.”
Prior to Li’s body being found, she had been reported missing around 1:10 p.m. Monday, May 9, by her mother. She was last seen alive at her apartment near the intersection of Southwest Murray Boulevard and Southwest Scholls Ferry Road around 4 p.m. Sunday evening
Officers are stressing this is an ongoing criminal investigation. Anyone with information is asked to call Detective Cindy Herring at (503) 526-2280.
Copyright 2022 KPTV via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/12/suspicious-death-13-year-old-girl-ruled-homicide-police-say/ | 2022-05-12T22:11:56Z |
New advisory board members will help solar steam leader meet the soaring demand for industrial decarbonization
NEW YORK, July 20, 2022 /PRNewswire/ -- Today, GlassPoint, the leader in decarbonizing the production of materials essential to the energy transition, announced that the 29th Prime Minister of Australia, Malcolm Turnbull, and the former COO of Alcoa, Tomas Sigurdsson, have joined its Advisory Board. The new Advisory Board members bring a unique mix of global leadership advancing sustainability in industrial operations. They will play a key role in helping GlassPoint bring its category-defining solar steam solution to help a wide range of industries essential to the energy transition achieve net-zero commitments, with a focus on mining, metals and manufacturing.
Malcolm Turnbull is a former Prime Minister of Australia and a notable advocate for clean energy. Before his term as the 29th Prime Minister of Australia, he held a number of parliamentary positions, including Minister for Environment and Water Resources. Before entering parliament in 2004, Mr. Turnbull was a successful trial lawyer and investment banker, where he led his own investment firm and served as a partner of Goldman Sachs.
Tomas Sigurdsson is CEO of HS Orka, Iceland's leading private renewable energy company. He was formerly COO and executive vice president of Alcoa, the leading producer of aluminum, alumina and bauxite. He was responsible for the daily operations of global assets of the Company's bauxite, alumina, energy and aluminum segments across geographies. He previously served as president of Alcoa EU and ME.
"Leaders of Malcolm and Tomas' caliber joining our Advisory Board signifies a massive vote of confidence for GlassPoint," said Rod MacGregor, CEO and founder of GlassPoint. "Their expertise and deep understanding of industrial market dynamics and clean energy will be invaluable in serving our mission of decarbonizing process heat at scale. I look forward to working with them to meet soaring demand for a proven solution that helps companies achieve net-zero commitments."
The new advisors join GlassPoint at a time when hard-to-abate industries, like mining and metals, are increasingly seeking ways to cost-effectively reduce carbon emissions and meet net-zero commitments with rapidly approaching deadlines. A recent survey found that one fifth (21%) of the world's 2,000 largest public companies have committed to meeting net-zero targets. These companies together represent sales of nearly $14 trillion.
"The world can't meet its net-zero pledges unless industrial players make enormous leaps in decarbonizing operations," said Turnbull. "Consider that it's common for large industrial plants to require more energy than many cities, much of which goes to thermal processes. Solutions like GlassPoint, which help hard-to-abate industries reduce emissions up to 80% and are available today, will play a major role in combating climate change."
"Decarbonizing industrial processes is incredibly challenging and therefore presents an enormous market opportunity," added Sigurdsson. "GlassPoint is the only proven solution to decarbonize industrial process heat at scale and represents a critical solution for industrial leaders in a range of markets."
This news comes on the heels of GlassPoint signing a Memorandum of Understanding with Saudi Arabian Mining Company (MA'ADEN) to develop the world's largest solar process heat plant at MA'ADEN's Alumina refinery, a 1.5GWth facility in Ras al Khair, Kingdom of Saudi Arabia.
About GlassPoint
GlassPoint decarbonizes the production of materials essential to the energy transition and makes a substantial impact combating climate change. The company builds, owns and operates large-scale solar steam facilities to reduce carbon emissions in hard-to-abate industries such as mining and metals, chemicals, construction materials, desalination and more. GlassPoint is the only solution proven at scale to reduce carbon emissions from industrial process heat and has built more than half of the solar steam capacity in the world. Learn more at glasspoint.com. To learn more about GlassPoint, visit: https://www.glasspoint.com/
View original content to download multimedia:
SOURCE GlassPoint | https://www.kxii.com/prnewswire/2022/07/20/former-australian-prime-minister-former-alcoa-coo-join-glasspoints-advisory-board/ | 2022-07-20T20:06:30Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NVO, LNG, TSLA, OXY, and GM.
Click a link below then choose between in-depth options trade idea report or a stock score report.
Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.
Stock Report - Measures a stock's suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street's opinion including a 12-month price forecast.
- NVO: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=NVO&prnumber=082220224
- LNG: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=LNG&prnumber=082220224
- TSLA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=TSLA&prnumber=082220224
- OXY: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=OXY&prnumber=082220224
- GM: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=GM&prnumber=082220224
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
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.
View original content to download multimedia:
SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/08/22/thinking-about-trading-options-or-stock-novo-nordisk-cheniere-energy-tesla-occidental-petroleum-or-general-motors/ | 2022-08-22T14:57:18Z |
SALT LAKE CITY (AP) — A 19-year-old who disappeared from his family’s home in California nearly three years ago has been found in Utah, bringing astonishment and relief to his parents who feared they would never see him again.
Connerjack Oswalt was shivering and cold when sheriff’s deputies came across him Saturday sleeping in a convenience store in Summit County, known for its ski areas, said Sheriff Justin Martinez. Oswalt appeared to have been living on the streets there for about two weeks.
His family had searched for him for years, handing out fliers, scanning social media and desperately chasing down fruitless leads. They even moved back to the town of his birth, Idaho Falls, hoping he would eventually make it back there.
“Any hints at something that remotely resembled him, we would follow up on it,” said his stepfather, Gerald Flint. “It’s been a real nightmare.”
Oswalt, who has been diagnosed with autism and other mental health conditions, was 17 when he left the family’s home from Clearlake, California. His mother, Suzanne Flint, remembered making quesadillas, but when it was time for lunch he was gone.
“I never stopped looking for him. There wasn’t a day I wasn’t searching for him, in some form or fashion,” she said. The exact circumstances of his disappearance and whereabouts over the last two years are under investigation, police said.
What his family does know is that after deputies found Oswalt at the Utah convenience store, they asked if he would like to come in their patrol car and warm up. He agreed, and eventually let officers take a fingerprint.
That led them to an outstanding warrant from February in Nevada.
“The deputies just felt that there was something there, something beyond a criminal warrant. There was a humanitarian effort that needed to be explored further,” Martinez said.
The officers set to work shifting through paperwork, looking for reports of missing and endangered children. About 16 pages in, they found a 2019 missing person report from Clearlake, California. Though it had a slightly different name spelling from the Nevada warrant, the photos matched and they called his family.
When the Flints first got the call, they worried their son had been found dead. After his wife confirmed the identification through a birth mark, Gerald Flint left work, jumped in his car and drove four hours to Utah.
“Everyone in the room was in tears. They went above and beyond, put hours of work,” he said. “They could have dismissed it, but they didn’t and that made all the difference in the world.”
Social workers knowledgeable about autism took over Oswalt’s care after the reunion with his family, said Summit County Sheriff’s Lt. Andrew Wright. His family is hoping to bring him back home soon.
“We didn’t treat him as a criminal. We treated as somebody that has something deeper that we needed to dig into,” Martinez said. “That intuition is what really reunited this family.” | https://cw33.com/news/u-s-news/ap-u-s-headlines/utah-deputies-find-man-who-disappeared-as-teen-in-california/ | 2022-04-16T01:01:05Z |
Former Idaho state Rep. Aaron von Ehlinger, pictured here during his rape trial in Idaho's Ada County on Wednesday, was found guilty Friday of raping a state legislative intern in 2021.
A former Idaho state lawmaker was found guilty Friday of raping a state legislative intern in 2021.
Aaron von Ehlinger, 39, was found guilty in an Ada County court of a rape charge and was acquitted of a charge of forcible penetration by use of a foreign object, according to court documents.
The victim, then a 19-year-old intern for a different lawmaker, accused von Ehlinger -- then a 38-year-old Republican state representative -- of engaging in nonconsensual sexual acts with her in March 2021 after taking her to dinner.
Von Ehlinger resigned in April 2021 after a state House committee heard the intern's allegations and unanimously recommended that von Ehlinger be censured and stripped of the powers of his office without pay. He was charged in the case later that year.
The woman was on the witness stand during von Ehlinger's trial this week but left the courtroom while giving details about the assault, CNN affiliate KIVI reported.
"It was a human reaction, I think, when she ran from the room," Katelyn Farley, Ada County's deputy prosecuting attorney, said during a news conference on Friday. "I don't think anybody could not have had a human reaction."
Ada County prosecutor Jan Bennetts said von Ehlinger's conviction sends a message that "victims can be believed and that it's important to reduce barriers for victims in coming forward."
Von Ehlinger has said the sexual encounter was consensual. Jon Cox, an attorney for von Ehlinger, did not comment on the case when approached by KIVI. Cox also did not respond to CNN's request for comment on Friday.
A sentencing hearing for von Ehlinger is scheduled for July 28, according to online court records. The maximum penalty for rape in Idaho is life in prison, Bennetts said.
The complaint filed in court referred to the accuser only by her initials. CNN does not identify victims or alleged victims of sexual assault without their consent.
Von Ehlinger first took office in June 2020, when Idaho's governor appointed him to fill a vacancy in the state House. He was then elected to a full term in November 2020.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/news/a-former-idaho-state-lawmaker-is-convicted-of-raping-a-legislative-intern/article_a6c165d8-2a29-5078-899d-77e61b908ece.html | 2022-04-30T22:11:34Z |
NEW YORK, Aug. 19, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of sellers of the stock of Sinovac Biotech Ltd. (NASDAQ: SVA) between April 11, 2016 and February 22, 2019, both dates inclusive (the "Class Period") against 1Globe Capital LLC and certain of its officers. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022.
SO WHAT: If you sold Sinovac securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Sinovac class action, go to https://rosenlegal.com/submit-form/?case_id=8179 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants' intentionally false statements and omissions concerning the true nature of 1Globe, a family investment office that is owned and controlled by defendant Jiaqiang Li, and Li's ownership of Sinovac stock caused the exchange, under the Rights Agreement of March 28, 2016 which included a "poison pill" limiting the number of Sinovac shares that a shareholder could acquire, to be delayed by several years. If Li had fully disclosed his ownership of Sinovac stock, as he was required to do under Section 13(d), it would have been clear that the Rights Agreement was triggered by May 2016, at the latest. While Sinovac knew enough information starting in 2016, largely based on private correspondence, to determine that 1Globe and Li triggered the Rights Agreement, defendants hid the full extent of their ownership of Sinovac stock and their agreements in connection with the battle for control of the Company. Defendants therefore also tortiously interfered with Sinovac's contractual obligations to its shareholders under the Rights Agreement.
Also according to the lawsuit, if 1Globe's and Li's actions were disclosed publicly, as they were required to be under Section 13(d), shareholders' rights would have been exercisable based on that public disclosure, and an exchange would have occurred based on that date. By misrepresenting the true nature of their ownership of Sinovac stock, defendants caused that date to be delayed almost three years, until February 22, 2019, resulting in the class losing their rights to acquire additional shares of Sinovac stock for all of their shares that they sold in the interim. While Sinovac should have implemented the Rights Agreement in 2016 based on the information available to it at the time, 1Globe and Li exacerbated the problem by violating their disclosure obligations under Section 13(d). Moreover, defendants caused the value of Sinovac stock to be artificially depressed by preventing the public from accounting for the value of defendants' stake in Sinovac and their efforts to take control of the Company.
To join the Sinovac class action, go to https://rosenlegal.com/submit-form/?case_id=8179 mailto:or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/08/19/rosen-respected-investor-counsel-encourages-sinovac-biotech-ltd-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-against-1globe-capital-llc-certain-its-officers-sva/ | 2022-08-19T19:14:12Z |
Former Sesame Workshop Global Executive Assumes the Role to Drive New Growth For The World's Premier Improvisation And Sketch-Based Comedy Entertainment And Education Brand
CHICAGO, Sept. 13, 2022 /PRNewswire/ -- Legendary institution The Second City is proud to announce Ed Wells as its chief executive officer, signaling a new chapter of growth for the 63-year-old organization. Wells joins The Second City from Sesame Workshop, where he served as executive vice president and global head of media and education.
"I am honored to be named CEO of this legendary and beloved institution. As the world leader in improv-based entertainment and education, The Second City represents both the very best of and the future of improv," said Ed Wells. "I look forward to joining and leading this incredibly talented team as we develop a long-term growth plan including geographical expansion and new media opportunities aimed at bringing The Second City magic to audiences everywhere."
Wells has a deep experience in global media, entertainment, consumer products, and live events. In addition to his recent leadership at Sesame Workshop, Wells held executive leadership roles at WWE and Paramount (formerly Viacom).
"Ed Wells brings an enviable wealth of knowledge and deal-making experience in the global media and entertainment industry," said Strauss Zelnick, founder and managing partner of ZMC. "Ed's unique combination of media industry experience on the global stage and understanding of the creative experience will help take The Second City to the next level."
Wells began his new role on September 6, 2022.
Ed Wells has spent his career developing businesses for some of the world's most iconic entertainment brands. Most recently he served as executive vice president and head of global media and education for Sesame Workshop, where he developed the organization's long-term strategic vision for media and education in the U.S. and around the world while maximizing audience engagement and growing the Workshop's commercial and educational endeavors.
Prior to joining Sesame Workshop in 2017, Wells was executive vice president and head of international for WWE, Inc., where he was responsible for the global strategic development of WWE's brand and businesses, including the launch of the direct-to-consumer subscription service, WWE Network. Prior to that, he worked across the Viacom International Media Networks brands based in New York, Singapore, and Japan, where he served as vice president and general manager of Nickelodeon.
Wells is actively involved in philanthropic institutions outside of the workplace and is a strategic advisor for the Ali Forney Center, the nation's largest organization dedicated to supporting homeless LGBTQ youth. He received his Bachelor of Arts degree from the University of Michigan and later earned Master of Arts degrees in International Studies from American University and Ritsumeikan University. Born and raised in the Detroit metro area, Wells is happy to be returning home to the Midwest.
The Second City opened its doors in 1959 as a small comedy cabaret and has since grown to become the world's most influential name in improv and comedy. Second City's stages, Touring Companies, and Training Centers across North America have proudly been the launch pad for many of the funniest names on the planet, including John Belushi, John Candy, Steve Carell, Stephen Colbert, Chris Farley, Tina Fey, Keegan-Michael Key, Eugene Levy, Tim Meadows, Bill Murray, Mike Myers, Suzy Nakamura, Catherine O'Hara, Amy Poehler, Gilda Radner, Sam Richardson, Joan Rivers, Amber Ruffin, Jason Sudeikis, and Steven Yeun, among many more.
ZMC is a leading private equity firm comprised of experienced investors and executives who invest in and manage a diverse group of media, entertainment, communications and technology enterprises. Founded in 2001, ZMC's investment philosophy centers on operational value creation driven by targeted investment themes, deep sector expertise, and strong partnerships with industry and operating executives. ZMC approaches its investments in collaboration with management teams and has a successful track record of actively adding value to portfolio companies. ZMC is currently investing out of ZMC III, L.P., which closed on $775 million in commitments.
Press Contact: Colleen Fahey
VP of Marketing, The Second City
cfahey@secondcity.com
(312) 662-4516
View original content to download multimedia:
SOURCE The Second City | https://www.kxii.com/prnewswire/2022/09/13/second-city-announces-ed-wells-chief-executive-officer/ | 2022-09-13T14:14:40Z |
CHICAGO, June 22, 2022 /PRNewswire/ -- The leading virtual currency exchange, Bitcoin of America, announced its return to BTC 2022 in Miami. The company made headline last year for promoting females in a male dominant industry. Once again, Bitcoin of America made a splash at BTC 2022 with its all-female team. Bitcoin of America sent some of their top women executives to the conference. Bitcoin of America has its shown support for making the cryptocurrency inclusive to women and getting more females into the industry.
Bitcoin of America's female team also spoke with the Miami Mayor about ways they can make a change. Mayor Francis Suarez welcomed the all-women team from Bitcoin of America.
Bitcoin of America is known as the leading operator in the cryptocurrency industry to provide fast and hassle-free transactions to their customers while offering top of the line customer support. The company currently operates 2500 Bitcoin ATM locations across the United States and is constantly expands.
The Bitcoin of America team passed around hats and t-shirts with the company's logo and "women in crypto" embroidery. Bitcoin of America has been known to send their female executive team to attend conferences, expos, and more. They also revealed that most of their top tier positions are held by women. Bitcoin of America's Chief Operating Officer, Operations Manager, Director of Marketing, and Director of Business Development are all run by powerful females.
View original content to download multimedia:
SOURCE Bitcoin of America | https://www.wibw.com/prnewswire/2022/06/22/bitcoin-americas-all-female-team-makes-an-impact-btc-2022/ | 2022-06-22T14:15:36Z |
PLEASANTON, Calif., July 25, 2022 /PRNewswire/ --
- Net sales of $593.2 million increased 44.6% year-over-year
- Income from operations of $133.1 million increased 30.8% year-over-year
- Diluted earnings per share of $2.16 increased 30.1% year-over-year
- Repurchased $25.0 million of the Company's common stock during the quarter
Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, today announced its financial results for the second quarter of 2022. Refer to the "Segment and Product Group Information" table below for additional segment information (including information about the Company's Asia/Pacific segment and Administrative and All Other segment).
Beginning in 2022, the Company changed its presentation for both the North America and the Administrative and all other segment's statement of operations to display allocated expenses and management fees as a separate item below income from operations. During 2021, allocated expenses and management fees between the two segments were previously included in operating expenses and in income from operations and have been adjusted herein to conform to the 2022 presentation. Consolidated income from operations, income before tax and net income for all periods presented below are not affected by the change in presentation.
All comparisons below (which are generally indicated by words such as "increased," "decreased," "remained," or "compared to"), unless otherwise noted, are comparing the quarter ended June 30, 2022 with the quarter ended June 30, 2021 and include the results of the acquisition of FIXCO Invest S.A.S ("ETANCO") on April 1, 2022. All purchase accounting adjustments related to the ETANCO acquisition are preliminary and subject to change.
2022 Second Quarter Financial Highlights
- Consolidated net sales of $593.2 million increased 44.6% from $410.3 million.
- Consolidated gross profit of $259.3 million increased 32.0% from $196.4 million. Gross margin decreased to 43.7% from 47.9%.
- Consolidated income from operations of $133.1 million increased 30.8% from $101.7 million. The increase was primarily due to the increase in consolidated gross profit, partly offset by higher operating expenses, including $14.9 million attributable to ETANCO, and $5.9 million for integration costs also related to ETANCO. Consolidated operating margin decreased to 22.4% from 24.8%.
- The Company's effective income tax rate slightly decreased to 26.8% from 26.9%.
- Net income was $93.6 million, or $2.16 per diluted share of the Company's common stock, compared to net income of $72.5 million, or $1.66 per diluted share. Net income for the quarter ended June 30, 2022 includes $3.4 million of net interest expense primarily on the Company's borrowings for its acquisition of ETANCO.
Management Commentary
"We delivered strong financial and operational performance in the second quarter," commented Karen Colonias, Chief Executive Officer of Simpson Manufacturing Co., Inc. "Since we announced the acquisition of ETANCO in late December, planning for and initiating the integration has been a primary focus. Our integration efforts, supported by the strong culture of our combined teams, have been progressing according to plan. After several months of hard work, we were very pleased to have found no material adjustments to our previously identified synergy opportunities, although the realization of the full amount is subject to change based on the current environment in Europe. We still believe we are well positioned to capture meaningful benefits from those synergies in the coming years."
Mrs. Colonias concluded, "We made progress on our key growth initiatives during the second quarter within each of our five end use markets including Residential, Commercial, OEM, National Retail and Building Technology, which gives us confidence we can continue our above market growth relative to U.S. housing starts in fiscal 2022 and beyond. In conjunction with the integration of ETANCO, we identified facility expansions in the U.S. that will improve our overall service, production efficiencies and safety in the workplace, as well as reduce our reliance on certain outsourced finished goods and component products, and ensure we have ample capacity to meet our customers' needs. Investments in these expansions have already started this year and will continue into 2024. While the rapidly changing macroeconomic environment including rising interest rates, inflation and other factors continue to impact the industry at large, we believe Simpson is uniquely positioned to perform given our diversification strategy and strong brand reputation that we've cultivated over the past 66 years."
Corporate Developments
- During the second quarter of 2022, the Company repurchased 260,285 shares of common stock in the open market at an average price of $96.05 per share, for a total of $25.0 million. As of June 30, 2022, approximately $53.7 million remained available for repurchase under the Company's previously announced $100.0 million share repurchase authorization (which expires at the end of 2022).
Business Outlook
The Company has updated its 2022 financial outlook to include the acquisition of ETANCO, two quarters of actual results, and its latest expectations regarding demand trends, raw material costs and operating expenses. Based on business trends and conditions as of today, July 25, 2022, the Company's outlook for the full fiscal year ending December 31, 2022 is as follows:
- Operating margin is expected to be in the range of 19.0% to 21.0%, in-line with its more recent historical average as the Company has better visibility on material costs and expected results from its acquisition of ETANCO. The revised outlook includes $20.0 to $25.0 million in expected integration and transaction costs for the acquisition.
- Interest expense on the outstanding $250.0 million Revolving Credit Facility and Term Loans, which had initial borrowings of $450.0 million, is expected to be approximately $10.4 million, including the benefit from interest rate and cross currency swaps mitigating substantially all of the volatility from changes in interest rates.
- The effective tax rate is expected to be in the range of 25.5% to 26.5%.
- Capital expenditures are expected to be in the range of $80.0 million to $90.0 million including amounts attributable to ETANCO.
Conference Call Details
Investors, analysts and other interested parties are invited to join the Company's second quarter of 2022 financial results conference call on Monday, July 25, 2022, at 5:00 pm Eastern Time (2:00 pm Pacific Time). To participate, callers may dial (877) 407-0792 (U.S. and Canada) or (201) 689-8263 (International) approximately 10 minutes prior to the start time. The call will be webcast simultaneously and can be accessed through https://viavid.webcasts.com/starthere.jsp?ei=1556555&tp_key=30be70b1e5 or a link on the Company's website at ir.simpsonmfg.com. For those unable to participate during the live broadcast, a replay of the call will also be available beginning that same day at 8:00 p.m. Eastern Time until 11:59 p.m. Eastern Time on Monday, August 8, 2022, by dialing (844) 512–2921 (U.S. and Canada) or (412) 317–6671 (International) and entering the conference ID: 13730869. The webcast will remain posted on the Investor Relations section of Simpson's website at ir.simpsonmfg.com for 90 days.
A copy of this earnings release will be available prior to the call, accessible through the Investor Relations section of the Company's website at ir.simpsonmfg.com.
About Simpson Manufacturing Co., Inc.
Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its subsidiaries, including Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and shear walls, and concrete construction products, including adhesives, specialty chemicals, mechanical anchors, powder actuated tools and reinforcing fiber materials. The Company primarily supplies its building product solutions to both the residential and commercial markets in North America and Europe. The Company's common stock trades on the New York Stock Exchange under the symbol "SSD."
Copies of Simpson Manufacturing's Annual Report to Stockholders and its proxy statements and other SEC filings, including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, are made available free of charge on the company's web site on the same day they are filed with the SEC. To view these filings, visit the Investor Relations section of the Company's web site at ir.simpsonmfg.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 2IE of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally can be identified by words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "outlook," "target," "continue," "predict," "project," "change," "result," "future," "will," "could," "can," "may," "likely," "potentially," or similar expressions that concern our strategy, plans, expectations or intentions. Forward-looking statements are all statements other than those of historical fact and include, but are not limited to, statements about future financial and operating results, our plans, objectives, business outlook, priorities, expectations and intentions, expectations for sales growth, comparable sales, earnings and performance, stockholder value, capital expenditures, cash flows, the housing market, the home improvement industry, demand for services, share repurchases, the integration of the acquisition of ETANCO, our strategic initiatives, including the impact of these initiatives on our strategic and operational plans and financial results, and any statement of an assumption underlying any of the foregoing. Although we believe that the expectations, opinions, projections and comments reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and we can give no assurance that such statements will prove to be correct. Actual results may differ materially from those expressed or implied in such statements.
Forward-looking statements are subject to inherent uncertainties, risk and other factors that are difficult to predict and could cause our actual results to vary in material respects from what we have expressed or implied by these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those expressed in our forward-looking statements include the impact of the COVID-19 pandemic on our operations and supply chain, the operations of our customers, suppliers and business partners, and the successful integration of ETANCO, as well as those discussed in the :Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of our most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q and other reports we file with the SEC. To the extent that the COVID-19 pandemic adversely affects our business and financial results, it may also have the effect of heightening many of such risks and other factors.
We caution that you should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Readers are urged to carefully review and consider the various disclosures made in our reports filed with the SEC that advise of the risks and factors that may affect our business, results of operations and financial condition.
Footnotes
(1) Reflects EUR to USD exchange rate as of April 1, 2022.
CONTACT:
Addo Investor Relations
investor.relations@strongtie.com
(310) 829-5400
View original content:
SOURCE Simpson Manufacturing Co., Inc. | https://www.kxii.com/prnewswire/2022/07/25/simpson-manufacturing-co-inc-announces-2022-second-quarter-financial-results/ | 2022-07-25T20:48:12Z |
STAMFORD, Conn., Aug. 4, 2022 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp. (collectively, the "Issuers"), intend to offer senior unsecured notes (the "Notes").
The Issuers intend to use the net proceeds from the sale of the Notes for general corporate purposes, including to fund potential buybacks of Class A common stock of Charter and common units of Charter Communications Holdings, LLC, to repay certain indebtedness and to pay related fees and expenses.
The Notes will be sold to qualified institutional buyers in reliance on Rule 144A and outside the United States to non-U.S. persons in reliance on Regulation S. The Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The offering is subject to, among other things, market conditions.
This news release is neither an offer to sell nor a solicitation of an offer to buy the Notes and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation, or sale is unlawful.
About Charter
Charter Communications, Inc. (NASDAQ: CHTR) is a leading broadband connectivity company and cable operator serving more than 31 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, the potential offering. Although we believe that our plans, intentions and expectations as reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under "Risk Factors" from time to time in our filings with the SEC. Many of the forward-looking statements contained in this communication may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," and "potential," among others.
All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We are under no duty or obligation to update any of the forward-looking statements after the date of this communication.
View original content to download multimedia:
SOURCE Charter Communications, Inc. | https://www.wibw.com/prnewswire/2022/08/04/charter-offers-senior-unsecured-notes/ | 2022-08-04T13:16:51Z |
‘Tipping Henry:’ Online crime group paying it forward
By Zac Summers and Miles Montgomery
Click here for updates on this story
MCDONOUGH, Georgia (WGCL) — Moderators of a Henry County Facebook group, dedicated to crime, are trying to show there’s more to their community than violence.
When Cory Hise started the Henry County Crime Watch group on Facebook six years ago, his goal was to keep his neighbors in the know about the crimes happening across the county. However, the father of two recently noticed posts started to have an adverse effect.
“Yes, we’re keeping people notified about what’s going on, but it was also scaring people,” Hise said. “It was making people think there was nothing but crime going on.”
Looking to turn negative content into something positive, Hise and other moderators started what they call “Tipping Henry.”
“All of the members of the crime watch group will donate money and once each week, we’ll take those donations and do something positive,” Hise explained.
This week, Hise chose Laceta Dyer-Jack, a server at Longhorn in McDonough. On Monday, two customers raked up a nearly $100 bill and left before paying. It was the first time, in 20 years of serving, Dryer-Jack has ever had a customer dine and dash.
“It’s not fair,” Dyer-Jack said. “Whatever they tip us, that’s our pay. If they dine and dash, we don’t get paid.”
AS CBS46 was interviewing Dyer-Jack on Friday, Hise surprised her with a cash tip of $502, the amount raised by his Facebook group of more than 30,000 members.
“Everybody has a soft spot for someone they see working really hard and the group just came together and wanted to see that she was treated right,” Hise said.
His hope is that his group’s simple acts of kidness will catch on in other communities.
“Anything to spread some joy,” Hise said.
“This will go a long way for me,” Dyer-Jack said with a big smile on her face. “Thank you, thank you! Thank you so much.”
Hise has been spreading joy through “tipping henry” for about four months now. He said this week’s tip to Dyer-Jack was their largest to date. The group usually collects between $200-$300 dollars every week.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/28/tipping-henry-online-crime-group-paying-it-forward/ | 2022-05-28T20:27:34Z |
NEW YORK, June 8, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Netflix, Inc..
Shareholders who purchased shares of NFLX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Netflix common stock or call options, or sold put options, between January 19, 2021 and April 19, 2022, inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Netflix was exhibiting slower acquisition growth due to, among other things, account sharing by customers and increased competition from other streaming services; (2) the Company was experiencing difficulties retaining customers; (3) as a result of the foregoing, the Company was losing subscribers on a net basis (4) as a result, the Company's financial results were being adversely affected; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
DEADLINE: July 5, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/netflix-inc-loss-submission-form-2/?id=28170&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of NFLX during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 5, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/06/08/shareholder-alert-gross-law-firm-notifies-shareholders-netflix-inc-class-action-lawsuit-lead-plaintiff-deadline-july-5-2022-nasdaq-nflx/ | 2022-06-08T10:35:24Z |
SHANGHAI, April 30, 2022 /PRNewswire/ -- Daydaydream is an EP released in collaboration with the popular mobile game Arknights. You might be tempted to relegate Daydaydream to China-Chic the first time you hear it, but the more you listen, the more it will draw you in. "Weird but pleasant", the song has now achieved such popularity online - over 5 million PV streams on the Bilibili platform alone - that it has also sparked a trend among uploaders on Bilibili trying to cover it. THE EITHER - band and creator of Daydaydream - has been labeled "Genius" by countless ACGN communities. On January 24, the pioneering electronic band officially released its second full album, E·myth, a continuing attempt to communicate its unique vision of aesthetics. "We want to push the envelope of creation and performance with traditional and electronic music in a border-crossing and subversive way," bandleader Zongli said. "China-Chic is very popular, but we don't think it can be limited."
THE EITHER: Border-crossing exploration cannot be limited
THE EITHER is an indie electronic music band founded in New York in 2017 by Chinese musicians Zongli, Jiaju and Yang. Each member's job is clearly defined. Zongli composes, plays the keyboard, and sings (vocal electronic mix), Jiaju plays the plucked string instrument (electric Pipa), and Yang plays the bowed string instrument (electric Erhu). They each bring their own ideas to the collective and complement each other. Through the exploration of each other's inspiration, they were eventually able to create a style that is all their own. They have described the band's name, THE EITHER, as "an abstract description of either this one or that one".
Each of the members have brought their own share of talent and a professional educational background and reputation to the band. After four years of undergraduate studies in Composition and Music Production and three years of postgraduate studies in Electronic Music Design at the Shanghai Conservatory of Music, Zongli attended New York University, where he received a master's degree in Film Scoring. In 2016, his work Peace was performed at a summit at the U.N. Headquarters. His music was performed at New York Fashion Week for three consecutive years, and films he has scored have been selected for the Cannes and Tokyo International Film Festivals, etc. Jiaju, a graduate of Shanghai Theatre Academy, is a professional Pipa player. Jiaju has had the honor of performing at the 2008 Beijing Olympic Games, the Metropolitan Museum of Art in New York, and numerous NBA games. At the closing ceremony of the 2010 World Expo, Jiaju was invited to accompany the performance of the famous dancer Huang Doudou in the show Diversification at the closing ceremony of the 2010 World Expo. Yang, a graduate of Xi'an Conservatory of Music specializing in Erhu, has had the honor of performing at the National Centre for the Performing Arts, the Lincoln Center for the Performing Arts in New York, and Carnegie Hall among others. In 2019, Yang became the only Chinese musician to perform at Afropunk, one of the world's most important African-American music festivals.
Tradition isn't what drives these young people, however. They want to perform music in innovative ways and usher in new times. "I had a band and wrote songs in high school. I wanted to be a producer and a rock musician back then. But after seven years at the Shanghai Conservatory of Music, I gradually became more focused and determined to be a composer," Zongli said. "I dream of composing a kind of music that occupies a space somewhere between the mainstream and the pioneering outer edges."
At that time, Jiaju was studying arts management in the U.S. and was working with industrial design majors to make an electric Pipa. "We all believe that there's great potential for making traditional Chinese instruments into electronic ones," Jiaju said. After several years of research and development, she is now no longer confined to an electric Pipa. Her latest plucked string instrument is known as a Black Marrow - a combination of the essence of Pipa and guitar.
Jiaju met Zongli when she was looking for someone to compose for electric Pipa. Their respective musical ideas immediately resonated and spawned their first mini-album, Black Silk. Audiences were appreciative of their innovative use of the Pipa and the new ideas they brought to traditional music in Black Silk, which The China Press described as "refreshing". Ultimately, the experience would lead them to Yang and the creation of their new group, THE EITHER.
The music and fashion communities immediately recognized the band's unique and futuristic aesthetic ideas when it first appeared on the scene. Consequently, THE EITHER has been invited on multiple occasions to perform at some of New York's top live music venues, including the Gramercy Theater, Irving Plaza, Bowery Electric, and The Bitter End. They have also been invited to perform at the New York Fashion Week and Shanghai Fashion Week. THE EITHER's Daydaydream, the EP produced in collaboration with the popular mobile game Arknights, has expanded the band's reputation even wider, bringing it to an idolizing younger audience.
E·myth: THE EITHER's reiteration of the concept that everything is multi-faceted
After the release of the second full album E·myth, THE EITHER, this four-year-old band, now has six singles, two albums, two mini albums, and several music videos under its belt. Its music is pioneering in its tonalities, musical themes, and performance styles.
Take the tone of the instrument, for instance: Chinese traditional music and modern electronic music are harmoniously integrated. Vocalist Zongli is able to mix natural vocals with electronic vocals so harmoniously as to make them sound completely natural. "My natural voice is getting more and more mechanized, while my electronic voice is getting more and more humanized. The two supposedly contradictory voices are now integrated within me. I enjoy it very much because it's unique and interesting," Zongli said.
E·myth is made up of 10 songs, with the odd and even numbers comparative in concept. As the band explains, the "E" in E·myth represents the odd numbers, an abstract concept that one can explain in whatever way he wants, while "myth" represents the even numbers, a concrete concept, most of which concern mythology. Joshua Valleau, a Grammy-nominated mixing & mastering engineer based in New York, is responsible for post-production on the album. His profound knowledge of musical aesthetics and unmatched mixing skills have played a major role in the fulfillment of THE EITHER's concept for their album.
Interestingly, THE EITHER's performance in E·myth is distinctively divided. The odd-numbered tracks employ traditional vocals, Pipa and Erhu, or electronic rock music plus vocals, Pipa and Erhu with an external effects unit. The even-numbered tracks employ futuristic electric vocals, the plucked string Black Marrow, and the bowed string Pin Xian - all truly cross-bordering integration masterpieces. "Only Drift off course, the tenth track, is an exception. Its first half is a traditional music performance while the second half is pure electronic. We integrated them like this deliberately," THE EITHER explained. E·myth is THE EITHER's reiteration of the concept that "The Essence is multifaceted, and the Extremity is illusory."
In fact, pioneer artists have been pursuing cross-border integration for some time, but with audiences' artistic senses improving, pioneer art previously enjoyed by only a limited group of people has now developed into a valuable resource worth an audience's attention because of its uniqueness. THE EITHER's independent style is not something made intentionally to appeal to the audience. They also do well in film scores and game scores, something known as "commercial music" to outsiders. "THE EITHER's main goal is not to be limited. We have a very diversified style," Yang said, "We can create scores for all kinds of films, such as serious dramas, comedies, action films, animation, sci-fi and emotional films."
"We don't stick to tradition or innovation. You can see from E·myth that we are rooted in traditional music and electronic music, but what we pursue is the modernization and internationalization of traditional and electronic music. We also believe that there's sufficient space in music for us to explore the versatility of each form. If you define a form of music, you will lose the meaning of exploring it, as well as the possibility of developing it," Zongli said.
View original content to download multimedia:
SOURCE THE EITHER | https://www.mysuncoast.com/prnewswire/2022/04/30/either-release-new-album-electronic-folk-china-chic-cannot-be-limited/ | 2022-04-30T16:47:11Z |
BANGKOK (AP) — Shares were lower in Asia after China reported Monday that its economy expanded at a 4.8% annual pace in January-March.
Benchmarks fell in Tokyo, Seoul and Shanghai. Hong Kong and Sydney were closed for holidays. Oil prices rose and U.S. futures were lower.
Wall Street benchmarks declined last week before closing for the Easter holiday.
China’s growth has fallen well below the official target of 5.5% for 2022. In quarterly terms the economy grew 1.3% in the first quarter, compared with 1.4% in the last quarter of 2021.
Authorities have ordered shutdowns in some major cities including Shanghai to battle the country’s worst outbreaks of coronavirus since it flared into a pandemic in March 2020. But the biggest impact of the shutdowns will likely be seen in the current quarter.
“Lockdowns are going to affect data for the whole of April, and maybe even longer as more cities are also adopting measures to bring COVID under control,” ING Economics researchers said in a note.
The Shanghai Composite index fell 0.2% to 3,203.69. Tokyo’s Nikkei 225 index lost 1.8% to 26,596.66 while the Kospi in Seoul edged 0.2% lower to 2,691.92. Bangkok and most other regional markets declined, while Jakarta was higher.
As trading resumes Monday in many world markets, attention is focused on Ukraine, where Ukrainian fighters were holding out against a capture of their shattered city of Mariupol after a 7-week siege, ignoring a surrender-or-die ultimatum from Russia.
The fall of Mariupol would be Moscow’s biggest victory of the war and free up troops to take part in a potentially climactic battle for control of Ukraine’s industrial east.
Ukraine was sending top officials to Washington for this week’s spring meetings of the International Monetary Fund and the World Bank amid dire warnings about the impact of the Russian invasion on the global economy.
A World Bank official said Friday that Ukraine’s prime minister, finance minister and central bank governor are coming. The official spoke on condition of anonymity because the visit had not been officially announced.
The conflict has pushed prices for oil and other commodities sharply higher, compounding difficulties for policy makers trying to nurse along recoveries from the pandemic while also tamping down inflationthat is at 40-year highs in many countries.
Central banks are raising interest rates that had stayed at record low levels to counter the devastation of the pandemic to help rein in price increases. But that can also discourage a revival in spending and investment needed to drive recoveries.
“This morning another rise in oil prices is likely to fuel inflation fears, and rate hike jitters around the meaningful Fed action required to snuff those fears out,” Stephen Innes of SPI Asset Management said in a commentary.
U.S. benchmark crude oil gained 92 cents to $107.87 per barrel in electronic trading on the New York Mercantile Exchange. It rose $2.70 to $106.95 per barrel on Thursday, before closing for Good Friday.
Brent crude, the basis for pricing international oils rose $1.09 to $112.79 per barrel.
In currency trading, the dollar rose to 126.57 Japanese yen from 126.44 yen late Friday. The euro fell to $1.0803 from $1.0807.
___
AP Business Writer Joe McDonald in Beijing contributed. | https://cw33.com/business/ap-business/asian-shares-sink-as-china-says-1q-growth-at-4-8/ | 2022-04-18T20:26:26Z |
- First ampm convenience store opens in the Bronx
- New store will be bp-owned & operated
- Supports bp's strategy of growing its convenience and mobility business
- The Bronx location is one of four scheduled store openings on the East Coast
HOUSTON, Aug. 11, 2022 /PRNewswire/ -- bp opened its first ampm convenience store in New York City, expanding the seventh largest c-store chain from its West Coast roots. The store, located at 824 Allerton Avenue in the Bronx, is the first opening for the convenience brand on the East Coast.
The store will feature bp branding throughout the fuel experience and ampm's food menu, including a hot deli and grocery with fresh fruit and extensive dry goods. The entire customer-centric experience is modeled after Thorntons, the renowned Kentucky-based fuel and convenience retailer that bp took full ownership of in 2021.
"As bp transitions toward becoming a net zero company, convenience will play a huge role in delivering our integrated strategy. The experience customers feel at our retail sites will be key to attracting them in and ensuring they return. Because New Yorkers are always on the go, the Empire State is a perfect fit for this expansion," said Dave Lawler, chairman and president bp America.
"This store sets the stage for us to maximize the large bp footprint along the East Coast," said Greg Franks, senior vice president mobility and convenience, Americas. "We know that residents of The Big Apple will love the craveable food, snacks and drinks that make ampm the destination of Too Much Good Stuff. We also know our dealers will be excited to share the ampm brand with their consumers in the future."
The expansion advances bp's convenience and mobility strategy, which aims to nearly double global earnings from about $5 billion in 2019 to $9-10 billion by 2030 and deliver 15-20% returns. This strategy is supported by a commitment to putting the customer at the heart of what we do. bp aims to increase the number of strategic convenience sites in its global network from around 2,000 today to more than 3,000 by 2030.
The first ampm store opened in Southern California in 1978. Today, there are over 1,000 stores throughout the West Coast, serving more than 3,500 different products.
Notes to editors
- bp's portfolio of brands in the US services more than three million consumers daily across 35 states.
- bp's mobility and convenience brands in the US currently include bp, Amoco, ampm and Thorntons.
- bp marked its re-entry into company-owned, company operated retail story when it took full ownership of Thorntons in 2021.
- Thorntons includes more than 200 owned and operated locations across six states: Kentucky, Illinois, Indiana, Ohio, Tennessee and Florida.
- bp has different retail models across the US, ranging from company-owned retail stores, strategic partnerships, brand licensing, wholesale, business-to-business, dealer-owned, and franchise-owned.
- For more information about bp's customers & products business visit bp.com.
Contact: uspress@bp.com
About bp: bp's ambition is to become a net zero company by 2050 or sooner, and to help the world get to net zero. bp is America's largest energy investor since 2005, investing more than $130 billion in the economy and supporting about 230,000 jobs. For more information on bp in the US, visit www.bp.com/us.
View original content to download multimedia:
SOURCE bp America | https://www.mysuncoast.com/prnewswire/2022/08/11/bp-expands-ampm-convenience-brand-us-east-coast/ | 2022-08-11T18:51:29Z |
NEW YORK, May 23, 2022 /PRNewswire/ -- Yonder Media Mobile (YMM) has defined its strategy to build a meta-verse like environment for its users called the YOverse.
Since the release of Layer 2 ethereum-based private blockchain, that uses Horizon Fintex blockchain technology, and integration of a blockchain wallet in their mobile application, the company has witnessed an unprecedented interest in NFTs among its users in Mexico. In just three weeks since the product rollout, over 6,000 users have created a blockchain wallet which subsequently led to minting of 22.5K unique NFTs averaging about 7.5k per week.
Brian Collins, Horizon Fintex CEO, commented that "This is the fastest uptake we've seen in NFT minting by a single platform to date! YO is perfectly positioned to attract a massive user base of (mobile subs) NFT fans, selling (initial/primary sale) NFTs to others in the YO-verse, and then having these NFTs re-sold (secondary sale) ad infinitum, with YO Mobile taking a sales commission from each sale (OpenSea charges 2.5%)."
The strategy for democratization of NFTs is based on the ability for YO app users to create NFTs from their user generated content without any gas fees on Layer 2 blockchain. Users can mint NFTs from pictures and videos and store them in their wallet as well as browse the NFTs created by other users.
The YMM development team is currently working on releasing an in-app NFT marketplace as well as NFT export to Layer 1 blockchains.
Nick Pavlyuk, YMM Technical Product Lead said, "It's amazing to see that the product that we have designed has such a high adoption rate. One of our main goals while developing it was ease of use and seamless experience. It perfectly fits our mission to provide the best mobile experience that there is."
YO App users can also play a mobile video game Scurry, which rewards the gamers with NFTs. YO is also working on the release of YO Game Hub, an SDK solution that would enable game developers to easily include NFTs as unlockable rewards in any Unity-based mobile game.
About YO blockchain
YO Blockchain is based on technology developed by Horizon Fintech and is a solar-based carbon neutral blockchain.
About Horizon Fintex
Horizon Globex GmbH (Horizon) is a fintech company that builds and powers global securities and NFT exchanges with an integrated suite of Ethereum blockchain software for compliant issuance, management, and secondary trading of securities. Their in-house solutions combine Wall Street and Silicon Valley to power the next generation of securities offerings and trading in the U.S. and globally. Learn more at https://horizonfintex.com/ and https://raneum.com/.
About Yonder Media Mobile
Yonder Media Mobile, Inc., is a Delaware, (US) corporation founded in 2018, with a team of 70+ brilliant creators, developers, builders, producers, product support, and managers, located in the USA, Mexico, and Europe. YO Mobile is a fast-growing mobile app under YMM which combines connectivity, content, community and commerce in a single mobile platform for the first time. It has over one million registered users in Mexico. Learn more at https://yomobile.com/.
View original content:
SOURCE Yonder Media Mobile | https://www.mysuncoast.com/prnewswire/2022/05/23/225k-unique-nfts-21-days-how-yo-mobile-is-democratizing-nfts-its-users/ | 2022-05-23T15:25:40Z |
With Turnitin Draft Coach, students access immediate, formative citation and grammar feedback on their essay drafts directly in Microsoft Word online, building students' writing confidence and skills.
OAKLAND. Calif., June 28, 2022 /PRNewswire/ -- Turnitin, a leading provider of academic integrity, assessment, and writing solutions, announced today that its Turnitin Draft Coach feature is now available on Microsoft Word for the web. The announcement was made at the International Society for Technology in Education conference and expo in New Orleans: ISTELive 22 at Turnitin booth 518.
Turnitin Draft Coach, which first launched as a Google Docs add-on, provides tools and coaching for students to pre-check their work before submission. This helps improve students' academic writing and research skills by providing feedback on: 1) text-similarity; 2) citations in APA, Chicago, and MLA formats; and 3) foundational grammar, mechanics, usage, and structure. And by using AI, Draft Coach can quickly identify citation and grammar issues across large bodies of work.
Unlike other checkers that only flag or auto-correct writing issues, Draft Coach provides detailed, in-app instruction on how students can correct these issues in real-time, helping students think critically about the feedback and independently improve their work before submission.
"The most common forms of academic integrity issues are the result of skill and knowledge gaps," said Turnitin Chief Product Officer Annie Chechitelli. "With an increasingly complex research environment, students need reliable information and tools to help them understand how to properly credit their sources and convey their message—while they are writing."
"Our university has found Draft Coach to be a great tool for students and professors to improve academic integrity. Draft Coach helps our students validate their writing skills," reflected Fernando Fajardo, Director of Technology at Universidad Autónoma of Chile.
For educators, Draft Coach streamlines feedback and submission workflows, as it allows students to address citation, grammar, and academic integrity issues earlier in the writing process. "Draft Coach is truly a coach. Not only does Draft Coach flag something, it helps students understand what's wrong so they can make changes [...]," said Beth Revor, high school library information specialist in Chantilly, VA. "Draft Coach is also a great tool for educators to give formative feedback."
"By integrating Draft Coach with Microsoft Word, one of schools' top preferred writing softwares, more students can be confident that they are submitting their best, original work," continued Chechitelli, who also shared academic integrity insights at the ISTE EdTech Industry Network Summit on June 26.
Recognized by The EdTech Awards by EdTech Digest, the EdTech Breakthrough Awards, The Stevie Awards, and Tech & Learning—Turnitin Draft Coach is available to those with an institutional subscription to Google Workspace or Microsoft 365 and a license to Turnitin Feedback Studio or Turnitin Originality.
- Download Turnitin Draft Coach on Microsoft Word for the web
- Download Turnitin Draft Coach on Google Docs add-on
Learn more about Turnitin Draft Coach. ISTELive 22 attendees can join a learning session or speak with a specialist in-person at Turnitin booth 518.
Media contact
press@turnitin.com
Turnitin is a global company dedicated to ensuring the integrity of education and meaningfully improving learning outcomes. For more than 20 years, Turnitin has partnered with educational institutions to promote honesty, consistency, and fairness across all subject areas and assessment types. Turnitin products are used by educational institutions and certification and licensing programs to uphold integrity and increase learning performance, and by students and professionals to do their best, original work.
Turnitin has offices in Australia, Germany, India, Indonesia, Japan, Korea, Mexico, the Netherlands, the Philippines, Sweden, Ukraine, the United Kingdom, and the United States. Over 16,000 academic institutions, publishers, and corporations use Turnitin services: Gradescope by Turnitin, iThenticate, Turnitin Feedback Studio, Turnitin Originality, Turnitin Similarity, ExamSoft, ProctorExam, and Ouriginal.
View original content to download multimedia:
SOURCE Turnitin | https://www.kxii.com/prnewswire/2022/06/28/announced-iste-2022-turnitin-draft-coach-integrates-with-microsoft-word-web/ | 2022-06-28T10:23:15Z |
MIAMI, Sept. 8, 2022 /PRNewswire/ -- Susan G. Komen®, the world's leading breast cancer organization, will hold an in-person MORE THAN PINK Walk to raise critical funds that support breast cancer patients and support Komen's health equity initiatives in the Miami area and beyond. The Walk will be held on October 8, 2022, at Amelia Earhart Park.
"We look forward to creating a community for anyone impacted by breast cancer as we gather, in person, for this year's Walk. Funds raised from the MORE THAN PINK Walk will further Komen's ability to meet the needs of patients and advance our health equity revolution to break down barriers to quality, timely care that create poor breast health outcomes.," said Sean Gross, State Executive Director, at Susan G. Komen.
Komen is pleased to welcome returning sponsors this year: Bank of America, Walgreens, University of Miami Sylvester Comprehensive Cancer Center, Duty Free Americas, Inc., Nature Valley, Ryder, Memorial Cancer Institute, Genentech, Fontainebleau Development, and the Dade County Alumnae Chapter of Delta Sigma Theta Sorority. Additionally, Sergio Mendoza will serve as the Executive Leadership Committee Chair and Laura Pastrana, anchor for CBS4 Miami will serve as Emcee of the event.
Participants can expect to enjoy the following at the Walk:
- Refreshments and an energy station with snacks and water
- Hope Village, a place for survivors and those living with metastatic breast cancer to gather
- Fun Zone and video game truck sponsored by The Florida Panthers
- Breakfast sponsored by McDonald's and The University of Miami
To support Komen throughout National Breast Cancer Awareness Month, individuals can shop with local businesses through Downtowns Goes Pink, which will be held throughout the Miami/Ft. Lauderdale area from October 1 – October 31. A portion of the proceeds from select businesses in the area will go toward Komen's mission to end breast cancer forever. For more information on participating businesses, please visit https://komenflorida.org/downtowns-go-pink/ in October to learn more.
Komen MORE THAN PINK Walk
Amelia Earhart Park
Miami/Ft. Lauderdale, Florida
Saturday, Oct. 8, 2022
7:00 AM Event Opens
8:30 AM Opening Ceremony
9:00 AM Walk
Register online at
www.komen.org/miamiwalk
Throughout the month of October, select stores in the Miami/Ft. Lauderdale area will participate in Downtown's Go Pink, a program where local vendors and organizations donate a portion of their proceeds to benefit Susan G. Komen. To find out more visit https://komenflorida.org/downtowns-go-pink/
Susan G. Komen® is the world's leading nonprofit breast cancer organization, working to save lives and end breast cancer forever. Komen has an unmatched, comprehensive 360-degree approach to fighting this disease across all fronts and supporting millions of people in the U.S. and in countries worldwide. We advocate for patients, drive research breakthroughs, improve access to high-quality care, offer direct patient support and empower people with trustworthy information. Founded by Nancy G. Brinker, who promised her sister, Susan G. Komen, that she would end the disease that claimed Suzy's life, Komen remains committed to supporting those affected by breast cancer today, while tirelessly searching for tomorrow's cures. Visit komen.org or call 1-877 GO KOMEN. Connect with us on social at www.komen.org/contact-us/follow-us/.
Camille Smith
Susan G. Komen
972-855-1688
csmith@komen.com
View original content to download multimedia:
SOURCE Susan G. Komen for the Cure | https://www.kxii.com/prnewswire/2022/09/08/susan-g-komen-more-than-pink-walk-raises-money-health-equity-initiatives-miamift-lauderdale-area/ | 2022-09-08T16:50:59Z |
Fastest-Growing Pizza Brand* Introduces the Marco's Pizza Foundation - Pledges to Help Communities Rise Together
TOLEDO, Ohio, July 26, 2022 /PRNewswire/ -- Today, Marco's Pizza, the nation's fastest-growing pizza brand*, announces it has officially crossed the $1B annual systemwide sales milestone. The achievement comes on the heels of record-breaking growth catapulting its strong performance as America's No. 5 pizza brand in systemwide sales.
To commemorate the achievement, the company is launching the Marco's Pizza Foundation as an extension of its mission to empower franchisees and team members to make a positive difference in their communities. The new effort marks a deeper commitment to unification across Marco's as it brings the brand, its franchisees, and the communities it serves closer together under one common cause.
"We are very excited to have crossed the $1 billion annual sales milestone and owe a big thank you to our loyal customers and all our franchisees and team members at the store level who deliver on our brand promise each and every day," said Tony Libardi, Co-CEO & president of Marco's Pizza. "We've grown from humble beginnings as a small, regional concept to a nationally accredited brand, and as we continue to expand our footprint, we will never lose sight of those neighborhoods that have made Marco's their pizza of choice. It's because of our long history working together with communities across the U.S. that the Foundation is now a reality."
The Marco's Pizza Foundation will bring people together to nurture and nourish local communities and will serve as a catalyst for collaboration in making the world better, little by little. The Foundation will support four key pillars: School & Education, Hunger Prevention & Nutrition, Workforce Development, and Entrepreneurship.
From delivering complimentary meals to healthcare workers and first responders, providing lunches to local schools, fundraising to support local organizations and more, there are countless examples of how Marco's stores have continuously stepped up and demonstrated true community involvement. By establishing the Foundation, Marco's can do more together and have an even greater impact.
Marco's now spans 1,100 stores across 33 states with locations in Puerto Rico and the Bahamas. The brand is on track to rise in the ranks as Nation's Restaurant News Top 500 Report shows Marco's achieved the highest percent year-over-year sales change (+18.2%) when compared to the nation's top 4 pizza brands**, making Marco's the No. 5 pizza brand in systemwide sales in America.
With strong growth and performance, Marco's now sets its sights on becoming the No. 4 brand in pizza as it experienced a 12.8% increase in year-over-year Average Unit Volume (AUV), and the Top 50% of Marco's franchised stores generated $1,198,201 AUV for 2021***.
Marco's franchise expansion also continues to accelerate with more than 200 stores in various stages of development. Company leadership is prioritizing investments in enhancing the franchise development program, new technology, personnel, strategic vendor partnerships, multi-channel national advertising, and more – all with an eye on maximizing franchisee profits while meeting the needs of today's modern customer.
For example, Marco's recently announced the investment of millions of dollars in technology innovations over the next few years designed to create business efficiencies, maximize order growth, and improve the customer experience. Areas of investment include AI-enabled voice-to-text ordering and automated promise times, integration with third-party delivery services, migrating to a 100% cloud-based order management system, plus testing automated kitchen innovations and new operational equipment.
"Marco's wouldn't be reaching this enormous milestone if it weren't for our entire team coming together to deliver on a strong business model, quality food, exceptional service, and compassion to our communities," said Libardi. "From the franchise support staff, store owners, team members, and everyone in between, our achievements are a result of a collective dedication to our mission and local communities."
For more information on the Marco's Pizza Foundation, visit https://www.marcos.com/foundation.
For more information on Marco's Pizza franchise opportunities, visit https://www.marcos.com/franchising/ or call 866-731-8209 to speak with Shannon Iverson, Vice President of Franchise Sales.
ABOUT MARCO'S PIZZA
Marco's Pizza is America's Most Loved and Most Trusted Pizza Brand, according to the 2019 Harris Poll EquiTrend® Study. Headquartered in Toledo, Ohio, Marco's Pizza is the fastest-growing pizza brand in the United States. Marco's was founded in 1978 by Italian-born Pasquale ("Pat") Giammarco and thrives to deliver a high-quality pizza experience, known for its dough made from scratch and its three fresh signature cheeses. The company has grown from its roots as a beloved Ohio brand to operate over 1,100 stores in 33 states with locations in Puerto Rico and the Bahamas. Most recently, Marco's Pizza was ranked No. 2 in the Pizza category on Entrepreneur Magazine's 2022 "Franchise 500" ranking, and No. 4 in the Fastest Growing category on Restaurant Business' 2021 "Top 10 Fastest Growing Chains" ranking. Other recent accolades include a first-time presence on Newsweek's 2022 "America's Best Customer Service" in pizza chains list, ranked No. 42 on QSR's Top 50 and has been featured five consecutive years on Nation's Restaurant News' prestigious "Top 500" ranking.
*Marco's Pizza is the fastest-growing pizza brand based on year-over-year unit growth, according to 2021 NRN Top 500 U.S. Restaurant Ranking LSR Pizza Segment.
**Nation's Restaurant News partnered with Datassential and its Firefly data platform to provide an in-depth look at the performance across the Top 500 restaurant chains.
***Based on the Average Unit Volume of the top 50% of our Franchised Stores for fiscal year 2021. Based on fiscal year 2021, 146 of 389 Franchised Stores in the category (38%) met or exceeded this average. This information appears in Item 19 of our 2022 FDD – please refer to our FDD for complete information on financial performance. Results may differ. There is no assurance that any franchisee will perform as well.
View original content to download multimedia:
SOURCE Marco's Pizza | https://www.mysuncoast.com/prnewswire/2022/07/26/marcos-pizza-reaches-1b-annual-sales-strengthens-commitment-community-giveback/ | 2022-07-26T14:57:18Z |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.