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Four startups graduated from three-month collaborative program
TROY, Mich. , July 14, 2022 /PRNewswire/ -- Flagstar Bank has wrapped up its third MortgageTech Accelerator program—the first and only accelerator in the United States solely dedicated to mortgage technology. Four startups graduated recently after a final presentation closed out the three-month program.
Flagstar looked for startups working on breakthroughs in all facets of the mortgage business, including mortgage origination and servicing, compliance, secondary marketing, and fulfillment, as well as activities performed under the Community Reinvestment Act. Among the criteria for selection were company progress in product development, prospects for growth, and potential for CRA impact.
The graduating class of fintechs included:
- LoanSense of Ypsilanti, Mich.
- OrangeGrid of Flower Mound, Texas
- Calque of Austin, Texas
- CredEvolv of Naples, Fla.
The program offered one-on-one interaction with senior members of Flagstar Bank's mortgage leadership team, including opportunities for direct interaction and access to expertise. Flagstar mentors engaged with the companies on topics such as integrating technology, pricing strategies, and product roadmaps.
"We place a huge value on using technology to change consumers' lives and offer an industry-leading customer experience," said Lee Smith, president of Mortgage for Flagstar Bank. "This program makes our industry stronger and positions Flagstar to deliver a more seamless, frictionless, tech-enabled home loan experience for our customers."
"Flagstar's MortgageTech Accelerator allowed LoanSense to prepare to serve depository institutions," said Catalina Kaiyoorawongs, founder and CEO of LoanSense. "Not only did we get insight into the way leaders thought about our product and pricing, but also how they made technology purchase decisions. Plus, we were able to work closely with an executive sponsor who really championed our success. Overall, it was an invaluable experience that I'd recommend to other mortgage technology companies who want to work with bank lenders."
"After 18 months of creating our default management workflow templates, we were fortunate to participate in Flagstar's MortgageTech Accelerator where we worked closely with Flagstar's loss mitigation leadership team," said Todd Mobraten, founder and CEO of OrangeGrid. "That helped us continue to enhance our product functionality and increase our value proposition throughout the mortgage servicing space. In fact, we've already begun exploring other strategic opportunities with Flagstar and look forward to having them not only as a customer, but as a partner."
"Flagstar's Accelerator program helped deepen our capabilities in numerous areas, including lender integration, operations, and compliance," said Jeremy Foster, CEO of Calque. "The accelerator team we worked with were true partners, and we're a better company with a stronger product as a result of our participation in the program."
"We are mortgage bankers developing consumer credit solutions for mortgage bankers," said Jeff Walker, CEO of CredEvolv. "Flagstar's leadership across multiple origination and servicing channels presents an ideal opportunity to test our business model across several dimensions."
Past alums that have continued to grow and innovate since participating in the program include Stavvy, Brace, Home Lending Pal, and Home Captain. Their experience has led to additional partnership opportunities with Flagstar post-accelerator. Flagstar plans to launch its fourth accelerator program in early 2023. Startups engaged in mortgage tech innovations interested in participating may email Ashwin Mago, Flagstar's director of Mortgage Digital and MIS, at ashwin.mago@flagstar.com.
About Flagstar
Flagstar Bancorp, Inc. (NYSE: FBC) is a $23.2 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 82 retail locations in 28 states. Flagstar is a leading national originator and servicer of mortgage and other consumer loans, handling payments and record keeping for $300 billion of loans representing almost 1.3 million borrowers. For more information, please visit flagstar.com.
For more information contact:
Susan Bergesen
Flagstar Bank
(248) 312-6237
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SOURCE Flagstar Bancorp, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/14/flagstar-bank-completes-third-mortgagetech-accelerator-program/ | 2022-07-14T13:43:03Z |
CLEVELAND (AP) — Seth Brown hit a grand slam to cap a five-run seventh inning, and the Oakland Athletics stopped a 10-game losing streak — their longest in 11 years — by defeating the Cleveland Indians 10-5 on Saturday.
Oakland right fielder Ramón Laureano appeared to make an emotional speech before the rally, screaming in the dugout. He was ejected in the middle of the seventh by first base umpire Paul Emmel.
Steven Vogt, Christian Bethancourt and Sean Murphy also homered for Oakland, and Vogt had three hits and was hit by a pitch.
Oakland was outscored 60-20 during its longest skid since the A’s lost 10 in a row from May 30 to June 9, 2011. Oakland lost nine straight this year from April 29 to May 8, giving the A’s a pair of losing streaks of nine or more games in the same season for the first time since 1978.
Frankie Montas (3-6) allowed five runs and eight hits in six innings to win for the first time since April 18 against Baltimore. He had been 0-5 in his previous nine starts despite a 2.87 ERA in that span.
Brown’s homer came on a full-count fastball from Eli Morgan with two outs as Oakland rallied from a 5-2 deficit. Brown took a close 2-2 pitch that saw Morgan bounce off the mound thinking it was strike three. Brown sent the next pitch to the right field seats for his first career slam.
The Athletics took a 2-0 lead into the fourth, but that quickly disappeared thanks in part to another key hit by José Ramírez, who followed with a dash around the bases. Cleveland scored four times on a throwing error, an RBI groundout, a sacrifice fly and a run-scoring bunt hit.
Vogt and Matt Davidson singled off Zach Plesac to start the seventh. Morgan (2-2) got a strikeout, but first baseman Josh Naylor committed a throwing error on Tony Kemp’s ground ball that scored a run and cost the Guardians a out.
Bethancourt’s infield hit with two outs kept the inning going before Brown delivered, silencing the crowd and causing Oakland’s players to leap from the dugout in celebration.
Plesac turned in the play of the day when he threw Cristian Pache out at first. Plesac made a barehand grab of the slow roller hit to the right of the mound .
TRAINER’S ROOM
Athletics: 2B Jed Lowrie (wrist, shoulder soreness) was out of the lineup for the second straight game.
Guardians: RHP James Karinchak (strained upper back) struck out one in a scoreless inning on a rehab assignment at Triple-A Columbus on Friday.
UP NEXT
Athletics: LHP Cole Irvin (2-2, 3.00 ERA) allowed one run over six innings against the Guardians in Oakland on April 30.
Guardians: RHP Cal Quantrill (3-3, 3.56 ERA) has won his last two starts, pitching into the seventh inning against Kansas City and Texas.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/brown-slam-helps-as-beat-guardians-10-5-stop-10-game-skid/ | 2022-06-12T11:29:05Z |
Southwest Airlines offering ‘bring a friend for free’ passes
Published: Sep. 7, 2022 at 11:46 AM EDT|Updated: 38 minutes ago
(Gray News) – Southwest Airlines is offering a massive promotion for you and a friend.
The Promotional Companion Pass allows you to bring a friend for free every time you fly between Jan. 4 and March 4, 2023.
How it works:
- First, this deal won’t last long. To get started, you must purchase a flight ticket between Sept. 6 and Sept. 8 for flights between now and Nov. 17.
- If you complete those steps, you’ll receive a “bring a friend free” voucher that can be used on any Southwest flight from Jan. 4 and March 4, 2023.
The promotion is not valid on flights purchased with Rapid Rewards points.
For more details, visit Southwest’s website here.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/07/southwest-airlines-offering-bring-friend-free-passes/ | 2022-09-07T16:26:12Z |
...HEAT ADVISORY REMAINS IN EFFECT FROM 10 AM EDT /9 AM CDT/ TO
8 PM EDT /7 PM CDT/ THURSDAY...
* WHAT...Air temperatures of 102 to 104 expected.
* WHERE...In Alabama, Houston County. In Georgia, Miller,
Seminole, Decatur, Lowndes and Lanier Counties. In Florida,
Holmes County.
* WHEN...From 10 AM EDT /9 AM CDT/ to 8 PM EDT /7 PM CDT/
Thursday.
* IMPACTS...Hot temperatures may cause heat illnesses to occur.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Drink plenty of fluids, stay in an air-conditioned room, stay out
of the sun, and check up on relatives and neighbors. Young
children and pets should never be left unattended in vehicles
under any circumstances.
Take extra precautions if you work or spend time outside. When
possible reschedule strenuous activities to early morning or
evening. Know the signs and symptoms of heat exhaustion and heat
stroke. Wear lightweight and loose fitting clothing when
possible. To reduce risk during outdoor work, the Occupational
Safety and Health Administration recommends scheduling frequent
rest breaks in shaded or air conditioned environments. Anyone
overcome by heat should be moved to a cool and shaded location.
Heat stroke is an emergency! Call 9 1 1.
&&
A third 'My Big Fat Greek Wedding' movie is finally in production
"My Big Fat Greek Wedding" star Nia Vardalos this week gave her Instagram followers both a Greek lesson and the best news of their day.
The actress said in a post that a third film in the franchise is now in production in Greece -- and that she's directing it. She cheekily dropped the latter news by sharing the Greek word for director.
She also thanked the eager fans for their "lovely messages" as they awaited news on the next installment.
"We're filming in the beautiful Plaka of Athens," she said.
No details on the film's plot have been given, but the anticipation is real, people.
"My Big Fat Greek Wedding 2," the sequel to the 2002 original film, was released in 2016.
In the movies, Vardalos starred alongside John Corbett, as well as Lainie Kazan and Michael Constantine.
Constantine, who appeared in both films as the father to Vardalos's Toula Portokalos, died in 2021 at age 94.
Keep it Clean. Please avoid obscene, vulgar, lewd,
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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
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/a-third-my-big-fat-greek-wedding-movie-is-finally-in-production/article_d57fb14d-27de-533f-b16d-b80276a5fb77.html | 2022-06-23T01:32:56Z |
DALLAS (KDAF) — The 30th Annual Partners Cards Season is approaching and no festivities are complete without a symbolic kickoff event.
On Wednesday, Sept. 14, The Family Place is hosting a festive seller soirée from 5 p.m. to 7 p.m. at Tory Burch in Highland Park to kick off the new Partners Cards Season. Selles will enjoy the evening of shopping and connecting with other supporters while picking up their sellers’ baskets.
The event will recognize 2022 card sellers and sponsors that have made this fundraiser successful. Portions of all sales from the event will benefit The Family Place.
For more information, click here. | https://cw33.com/news/local/2022-partners-card-season-kicks-off-with-soiree-in-highland-park/ | 2022-09-14T20:52:53Z |
Officials: At least 2 die after planes collide in California
WATSONVILLE, Calif. (AP) — Two planes collided in Northern California while trying to land at a local airport Thursday and at least two of the three occupants were killed, officials said Thursday.
The collision occurred at Watsonville Municipal Airport shortly before 3 p.m., according to a tweet from the city of Watsonville.
There were two people aboard a twin-engine Cessna 340 and only the pilot aboard a single-engine Cessna 152 during the crash, according to the Federal Aviation Administration. Officials say multiple fatalities were reported but it was not immediately clear whether anyone survived.
The pilots were on their final approaches to the airport when the collision occurred, the FAA said in a statement. The FAA and the National Transportation Safety Board are investigating the crash.
No one on the ground was injured.
Photos and videos from the scene posted on social media showed the wreckage of one small plane in a grassy field by the airport. A photo from the city of Watsonville showed damage to a small building at the airport, with firefighters on the scene.
Additional information was not immediately available.
Watsonville, near the Monterey Bay, is about 100 miles south of San Francisco.
Two other pilots also were hurt in aircraft crashes elsewhere in California on Thursday.
A 65-year-old San Diego man received major but non-life threatening injuries when his single-engine plane crashed on a street near a busy freeway overpass in El Cajon, authorities said.
The plane reportedly struck an SUV but nobody on the ground was hurt in the city nearly 20 miles northeast of downtown San Diego.
Later, the pilot of an ultralight aircraft was critically injured when it crashed upside down on a building at the Camarillo Airport in Ventura County, about 60 miles from downtown Los Angeles.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/18/fatalities-reported-after-2-planes-collide-california/ | 2022-08-18T23:59:14Z |
NEW YORK (AP) — Billy Porter went with fuchsia and Mickey Guyton rocked an ombre silver and gold fringe dress as the music crowd didn’t disappoint on the Grammys red carpet Sunday, doing Las Vegas proud in wild, whimsical and meaningful looks with lots of bright color and plenty of skin.
Guyton shimmied for photographers in her long-sleeve look. Olivia Rodrigo waved and smiled for the cameras in a black sheath gown from Vivienne Westwood, who included purple sparkle trim with rocker chokers. Porter, always a carpet sensation, wore sheer, ruffled Valentino with trousers and caped sheer button down top, blue lipstick in place and long matching pink gloves.
“The color of the season I hear is fuchsia,” he told E!
The look was straight off the runway.
Brandi Carlile toted about 40 pounds of hand-cut crystals on a multicolored Huge Boss tuxedo jacket with stripes of the same crystals on the trousers and waist.
“I’m finally morphing into Elton John, which is my dream,” she said.
Rodrigo was joined in black by Billie Eilish in a trench coat turned cape, lug soul boots on her feet. And all seven members of the sensation BTS wore custom Louis Vuitton suits with sneakers in a range of colors from bright white to muted blue.
Multiple nominee H.E.R. paid homage to Aretha Franklin in an embellished orange look, and fashion favorite Cynthia Erivo was in sparkling silver and gray from Louis Vuitton.
Embellished metallics were abundant. Tiffany Haddish stunned in a fitted one-shoulder gown from Prada, and Carrie Underwood went full ballgown with sparkle in the top with a sash and a full skirt of sunset orange.
Sofia Carson wore an elegant Grecian gown from Valentino with a long sheer cape that swept over the carpet as she walked.
Among early walkers was Li Saumet from Colombia’s Bomba Estéreo, who covered her face with a helmet-like mask. Cherry Moon of the 1 Tribe Collective children’s group went all out in full gold, complete with a huge architectural collar. Victoria Evigan smooched her husband, Jason, in a peach and yellow dress with “Love is the Weapon” at the back.
Alisha Gaddis, with comedy on her resume, paired her shiny, minty gown with a head piece of high, golden branches. Elle King showed up resplendent in red, a bell-bottom trouser suit with an ultra-wide brim hat to match. Black Coffee, the DJ from South Africa, paid homage to his friend Virgil Abloh, wearing a pair of the late designer’s sneakers before his win for dance/electronic music album.
King, a new mom, was thrilled to be wearing Christian Siriano.
“I just trusted him. He knows how to dress all types of bodies and I really celebrate that in him,” she told The Associated Press. “I just wanted to feel powerful.”
Japanese Breakfast smiled for cameras in a mini dress of bright yellow ruffles from Valentino, while Doja Cat, her hair accentuated in spikes, wore an ice blue Atelier Versace crystal embellished sheer look.
As for the men, there was plenty of ornate, brocade jackets and suits in the early bunch.
“It’s the sort of thing that can look genuinely fantastic when executed carefully,” said Jonathan Evans, Esquire’s style director.
Leon Bridges lent a nod to his native Texas in a cream tuxedo look embellished with embroidery and a touch of blue bonnets.
“I just like to look good, you know,” he told the AP.
Among Evans’ early standouts was something on the other end of that spectrum, Cory Henry in a double-breasted suit and turtleneck combo.
“Rich, offbeat colors like purple can prove tricky when it comes to tailoring, but he nails the modernized ’70s vibe,” he said.
___
Associated Press writers Gary Hamilton and Marcela Isaza in Las Vegas contributed to this story.
___
For more on this year’s Grammys, visit: https://apnews.com/hub/grammy-awards | https://cw33.com/entertainment-news/ap-entertainment/wild-and-wacky-grammys-red-carpet-does-las-vegas-proud/ | 2022-04-03T23:34:22Z |
BALTIMORE, Sept. 5, 2022 /PRNewswire/ -- Transamerica Financial Advisors, Inc. (TFA) is pleased to announce that five of the organization's independent representatives have been recognized as top-ranked financial security professionals in their respective states. Forbes and SHOOK Research have ranked the top professionals in the wealth planning, protection, and insurance industry in their annual list of Top Financial Security Professionals 2022. The annual list spotlights the nation's top-performing advisors, who are evaluated on quantitative and qualitative criteria, including personal interviews, industry experience, compliance records and revenue produced.
This year's list includes an overall ranking of the best insurance professionals across the country and the top candidates in each state. Jan Zhuang was recognized as one of America's Top Financial Security Professionals for the 2022 national list, a repeat honor after appearing on the 2021 national list. Ms. Zhuang also attained the 2022 Best-In-State ranking for Florida. In addition, TFA recognizes and congratulates Brian Loiseau of Colorado, R.J. Cunningham of Utah, Nikki Dorch-Cannon of California and Fradel Barber of Florida for their rankings on the respective Best-In-State lists.
Jan Zhuang, Brian Loiseau, Fradel Barber, R.J. Cunningham, and Nikki Dorch-Cannon are registered representatives and investment advisor representatives with TFA, a broker/dealer and registered investment advisor. They are also licensed independent insurance agents, with World Financial Group Insurance Agency (WFGIA), an affiliate of TFA. With these qualifications, these respected financial professionals can provide securities and investment advisor products and services, in addition to life insurance, to individuals, families and businesses.
"We are delighted Jan Zhuang, Brian Loiseau, R.J. Cunningham, Nikki Dorch-Cannon and Fradel Barber have ranked highly on the Forbes Top Financial Security Professionals Best-In-State 2022 list," said George Chuang, President of TFA. "This is a fantastic achievement for each of them and shows that our agents and representatives know how to help their clients achieve financial security and success."
With a history that dates back more than 100 years, Transamerica is recognized as a leading provider of life insurance, retirement and investment solutions, serving millions of customers throughout the United States. Recognizing the necessity of health and wellness during peak working life, Transamerica's dedicated professionals work to help people take the steps necessary to live better today so they can worry less about tomorrow. Transamerica serves nearly every customer segment, providing a broad range of quality life insurance and investment products, individual and group pension plans, as well as asset management services. In 2021, Transamerica fulfilled its promises to customers, paying more than $52 billion in insurance, retirement, and annuity claims and benefits, including return of annuity premiums paid by the customer. Transamerica's corporate headquarters is located in Baltimore, Maryland, with other major operations in Cedar Rapids, Iowa and Denver, Colorado. Transamerica is part of the Aegon group of companies. Based in the Netherlands, Aegon is a diversified financial services group focused on providing investment, protection, and retirement solutions. For the full year of 2021, Aegon managed over $1.1 trillion in revenue generating investments. For more information, go to www.transamerica.com.
Transamerica Financial Advisors, Inc. (TFA) is a broker-dealer and registered investment advisor located in the United States that's in the business of helping people. TFA is a part of Transamerica, a company with over 100 years of history, and is recognized as a leading provider of investment solutions. TFA's representatives strive to serve people from all backgrounds and encourage clients to think differently about their future in pursuit of their financial success. Properly licensed representatives may offer securities and investment advisory services through Transamerica Financial Advisors, Inc. (TFA), Member FINRA, MSRB, SIPC, and Registered Investment Advisor.
To learn more, go to https://www.tfaconnect.com/
In the United States, life insurance and fixed products are offered by independent agents of World Financial Group Insurance Agency, LLC, World Financial Group Insurance Agency of Hawaii, Inc., World Financial Group Insurance Agency of Massachusetts, Inc., (In California dba World Financial Insurance Agency, LLC), and/or WFG Insurance Agency of Puerto Rico, Inc.
Those agents who are properly licensed may offer securities and investment advisory services through the affiliate broker/dealer, Transamerica Financial Advisors, Inc. (TFA), Member FINRA, MSRB, SIPC and Registered Investment Advisor.
Residents of California who wish to be independent agents with World Financial Group Insurance Agency, LLC must already have a life license. Individuals who reside in California may become sales representatives with WFG Direct, a direct sales marketing platform offered through World Financial Group, Inc.
To learn more, go to http://www.WorldFinancialGroup.com/
Press Inquiries: WFGpressinquiries@transamerica.com
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SOURCE Transamerica | https://www.kxii.com/prnewswire/2022/09/05/tfa-representatives-recognized-by-forbes-americas-top-financial-security-professionals/ | 2022-09-05T18:39:25Z |
PHILADELPHIA and ST. LOUIS, MO and SAN DIEGO, June 15, 2022 /PRNewswire/ -- WuXi Advanced Therapies (WuXi ATU), a global Contract Testing, Development and Manufacturing Organization (CTDMO), and Wugen Inc., a clinical-stage biotechnology company based in St. Louis and San Diego, today announced a partnership to produce Wugen's WU-NK-101, a novel immunotherapy that harnesses the power of memory natural killer (NK) cells to treat cancers. WuXi ATU will provide manufacturing and testing services for WU-NK-101 to enable the delivery of this innovative cell therapy product to cancer patients.
Wugen aims to develop a pipeline of off-the-shelf cell therapy products to treat a broad range of hematological and solid tumor malignancies. As Wugen's first program from the company's proprietary MonetaTM platform, WU-NK-101 leverages the hyper-functional, long-lasting anti-tumor functionality of memory NK cells to manufacture next-generation, off-the-shelf cancer cell therapies at commercial scale. WU-NK-101 is currently in development to treat acute myelogenous leukemia (AML) and solid tumors.
WuXi ATU's integrated CTDMO platform enables the development of WU-NK-101 by leveraging the company's Good Manufacturing Process (GMP) cell therapy manufacturing and testing capabilities to support regulatory filings and clinical trials.
"We are delighted to partner with WuXi ATU," said Dr. Dan Kemp, President and Chief Executive Officer of Wugen. "With WuXi ATU's cell therapy manufacturing expertise, integrated GMP manufacturing and testing capabilities, we can keep advancing our allogeneic WU-NK-101 program into clinical trials and accelerate the timeline for delivering convenient, effective therapeutics to patients."
"The development of allogeneic NK cell therapies is a significant step towards accelerating the progress of these innovative cancer therapeutics into the clinical pipeline," said Dr. David Chang, Chief Executive Officer of WuXi ATU. "We're delighted to partner with Wugen to help make these life-saving cancer treatments less challenging to produce and more accessible to patients in need."
About WU-NK-101
WU-NK-101 is a novel immunotherapy harnessing the power of memory natural killer (NK) cells to treat liquid and solid tumors. Memory NK cells are hyper-functional, long-lasting immune cells that exhibit enhanced anti-tumor activity and a cytokine-induced memory-like (CIML) phenotype. This rare cell population has a superior phenotype, proliferation capacity, and metabolic fitness that makes it better suited for cancer therapy than other NK cell therapies. Wugen is applying its proprietary MonetaTM platform to advance WU-NK-101 as a commercially scalable, off-the-shelf cell therapy for cancer. WU-NK-101 is currently in development for acute myelogenous leukemia (AML) and solid tumors.
About Wugen
Wugen, Inc., is a clinical-stage biotechnology company developing the next generation of off-the-shelf memory natural killer (NK) and CAR-T cell therapies for cancer. Wugen is leveraging its proprietary MonetaTM platform and deep genomic engineering expertise to pioneer a new class of memory NK cell therapies with a cytokine-induced memory-like (CIML) phenotype, uniquely designed to treat hematological and solid tumor malignancies. For more information, please visit www.wugen.com.
About WuXi Advanced Therapies (WuXi ATU)
As the advanced therapies business unit of WuXi AppTec, WuXi Advanced Therapies is a Contract Testing, Development and Manufacturing Organization (CTDMO) that offers integrated platforms to transform the discovery, development, testing, manufacturing, and commercialization of cell and gene therapies. Our services and solutions accelerate time to market and support customer programs around the world. For more information, please visit www.advancedtherapies.com.
Contact:
Wugen Inc
Elsie Yau
Stern Investor Relations, Inc.
Tel: 212-698-8700
Email: elsie.yau@sternir.com
WuXi ATU
Sophie Lutter
Head of Scientific Marketing and Communications
Email: atu.info@wuxiapptec.com
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SOURCE WuXi AppTec | https://www.mysuncoast.com/prnewswire/2022/06/16/wuxi-atu-wugen-announce-manufacturing-partnership-expedite-delivery-novel-cell-cancer-immunotherapies/ | 2022-06-16T00:27:07Z |
Texas officials have identified Bishop E. Evans as the National Guard soldier who went missing on Friday as he attempted to rescue two migrants who were crossing the Rio Grande River.
The Texas Military Department (TMD) said in a news release that Evans, a specialist, is a 22-year-old field artilleryman from Arlington, Texas, and has served in the guard for almost two years.
Evans was deployed to Kuwait with assignments in Iraq as part of Operation Spartan Shield before serving on Texas' southern border, according to the release.
CNN reported Friday Evans was assigned to Operation Lone Star, Texas Gov. Greg Abbott's effort to combat what he has called a crisis at the US-Mexico border.
The TMD, along with both state and federal rescue and safety agencies, have yet to locate Evans.
Dive teams ceased operations along the Rio Grande Saturday evening as the river's current continued at an "increased" pace, the release said.
Three airboats from the state's Department of Public Safety were added to the rescue efforts Sunday morning, according to TMD.
Local law enforcement on Friday said Evans tried to rescue a woman who was crossing the Rio Grande near Eagle Pass, Texas, and "never came up," according to CNN's reporting.
In an updated release on Saturday, the TMD said the soldier "selflessly attempted" to help two migrants who appeared to be drowning as they illegally crossed the river from Mexico to the United States.
"Texas Department of Public Safety, Texas Parks and Wildlife, and Border Patrol continue to support TMD with the Texas Rangers as the lead for the investigation that began yesterday when the service member went missing," the release said.
According to initial reports from the Texas Rangers, the two migrants are suspected of being "involved in illicit transnational narcotics trafficking" and are currently in the custody of US Customs and Border Patrol.
Evans' family was notified about the disappearance on Friday night, according to the release.
The best of the best from southwest Georgia were on hand at Pretoria Fields Brewing on Sunday for the annual Albany Herald Reader's Choice Awards. Click for more.
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
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accounts, the history behind an article. | https://www.albanyherald.com/news/texas-officials-identify-missing-national-guard-soldier-as-rescue-efforts-remain-underway/article_da60c12e-6112-5bb9-9f94-8c1363900b94.html | 2022-04-24T23:16:19Z |
Growth investment accelerates product innovation, talent acquisition and expansion in commercial, educational markets
SAN DIEGO and CANBERRA, Australia, Sept. 13, 2022 /PRNewswire/ -- Liquid Instruments, an innovator in precision software-defined instrumentation, today announced that it has secured $28.5 million in Series B funding led by Acorn Capital. The round also includes participation from new investors, including Lockheed Martin Ventures and Powerhouse Ventures, in addition to existing investors, Spirit Super/ANU Connect Ventures, MA Growth Ventures, Significant Capital Ventures, and Boman Enterprises. The funding enables Liquid Instruments to accelerate its growth plans, expand its product line and introduce novel services that connect lab measurements directly to the cloud, and brings Liquid Instruments' total funding to more than $50 million.
The new funding follows record growth for Liquid Instruments, driven by strong demand for the Company's new products Moku:Pro and Moku:Go. Customers in research and education, government labs and industrial segments – including aerospace and defense, semiconductor, LiDAR and quantum computing – drove a 4x year-over-year sales increase.
"Liquid Instruments is creating a versatile test and measurement platform that is customizable and efficient," said Chris Moran, vice president and general manager of Lockheed Martin Ventures. "This technology has the potential to deliver mission critical functionality that can provide value to our customer. We are excited by Liquid's continued growth and look forward to strengthening our collaboration."
"This injection of capital will supercharge our ability to revolutionize the test and measurement industry," said Daniel Shaddock, CEO, and co-founder of Liquid Instruments. "Our innovative software-first approach provides clear advantages over traditional hardware-based solutions, and this funding strongly positions us to lead this critical industry transformation."
Liquid Instruments' Moku product line offers the world's most powerful and flexible software-defined instrumentation platform, harnessing the processing power and reconfigurability of Field Programmable Gate Arrays (FPGAs) to combine multiple instruments into one compact and accessible device. These product offerings include Moku:Go, a complete lab solution for engineers and students to actively test designs and projects, and Moku:Pro, an integrated platform for the most demanding research and engineering applications.
"We are focused on enhancing cloud integration features for our products and scaling production of Moku:Go to help millions of undergraduate engineering students around the world unlock their full potential," added Shaddock. "Mokus will continue to receive new features via frequent over-the-air updates enabling new solutions in key commercial industries."
"Liquid Instruments' Australian-developed software-defined approach is the manifestation of an ambitious plan targeting a vital market that has suffered from a deficit of innovation and imagination." said Robert Routley, CEO, Acorn Capital. "We see tremendous potential for their platform to continue to grow and evolve, benefitting more industries over time. Liquid Instruments is well positioned to execute on its expansion strategy and disrupt the test and measurement sector and lead the industry through the much-needed transition from hardware to software."
For more information about Liquid Instruments and its full suite of products, please visit https://liquidinstruments.com.
Liquid Instruments is a leader in precision software-defined instrumentation and is revolutionizing the way that students, scientists, and engineers learn, discover, and create. Their hardware and software solutions leverage the computational power of FPGAs to create highly versatile instrumentation for acquiring and analyzing data, generating complex waveforms, and implementing closed loop control systems. For more information, visit https://liquidinstruments.com.
Media Contact
Lee Regal
Lumina Communications for Liquid Instruments
LiquidInstruments@luminapr.com
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SOURCE Liquid Instruments | https://www.kxii.com/prnewswire/2022/09/13/liquid-instruments-raises-285-million-revolutionize-technology-development-with-software-defined-test-instrumentation/ | 2022-09-13T12:41:01Z |
Described as more of a rebirth than a rebrand, Mignon Faget has evolved into a brand that is more than a provincial jewelry collection – and their new look signifies just that.
NEW ORLEANS, Aug. 23, 2022 /PRNewswire/ -- While Mignon Faget has been well established in New Orleans for over 50 years, the company has grown with the years that have passed. While the Mignon Faget Collector hasn't changed, they certainly have continued to expand in new markets. With this growth comes even more opportunity to evolve and grow their Collectors with more diversity among style, age, and gender. Today, the company announces it has completed a major rebranding. Hoping to engage with a new age of collectors looking for something a little off-script, Mignon Faget has left no stone unturned when deciding which direction to take their brand into.
It's well known that Mignon Faget designs are inspirations pulled straight from the architecture and nature around their historical city of New Orleans. The jewelry design house brings forward a unique sense of fun through their designs, creating pieces for anyone, anytime. The company's founder and namesake started the business by designing clothes and adorning them with sterling silver pins, quickly realizing that the customers were enamored with the adornments more than the clothing itself. Just as the jewelry became a beautiful conceptualization from the clothing line, the new rebranding was also formed over time through the luxury jewelry market and the evolution of their own Collector base. The new branding consists of a completely new look, from their logo and monogram to their brand colors.
While many businesses experience a logo update or color change in its lifetime, this is the first for Mignon Faget. Updating an over 50-year-old logo is a huge step into the future and the growth for the company. Chief Operating and Creative Officer for Mignon Faget, Maghan Orozsi, states, "In conceptualizing our new branding we looked to our founder. Our past and future are the vision of a fifth generation New Orleanian; a pioneer in female entrepreneurship, and through her design, a cultural ambassador of New Orleans. She forged a business that has prospered for over fifty years. As we plan for our next 50 years, we want to signal our growth and aspirations for the company. Our new logo honors our history and looks towards our future. As classic as it is modern, as approachable as it is sophisticated, just like Mignon Faget."
Again, taking inspiration from New Orleans, the new brand colors are inspired by the architecture, cuisine, and bayous surrounding the city. Transforming from the iconic burnt red color to the contemporary deep and luxurious jade, reflects the leaves of hundred-year-old oak trees as well as lavish labradorite gemstones. Supporting this strong primary tone are hues of "Haint Blue", taken from ceilings of Louisiana porches; "Creole Cream", from delectable and distinct Southern cooking; and, unable to completely break-up with tradition, keeping a touch of "Mignon Red" to highlight the past and where they came from. Because while an update feels necessary, Mignon Faget has no intention of changing how they serve their collectors and community. Proud to call New Orleans home and excited to launch alongside the city into the future, Mignon Faget is ready to bring their unique designs into the next chapter of its life.
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SOURCE Mignon Faget | https://www.wibw.com/prnewswire/2022/08/23/longtime-new-orleans-jewelry-design-house-mignon-faget-announces-rebrand-moving-into-future/ | 2022-08-23T10:32:11Z |
JERUSALEM (AP) — Two Palestinian men were critically injured by Israeli forces in the occupied West Bank on Monday, the Palestinian Health Ministry said, the latest incident in a wave of Israeli-Palestinian violence during the Muslim holy month of Ramadan.
The Israeli military were conducting an arrest raid in the village of Yamun, west of Jenin in the northern West Bank, when dozens of Palestinians started throwing rocks and explosives at the troops, who returned fire.
“The soldiers responded with live ammunition toward the suspects who hurled explosive devices. Hits were identified,” the army said in a statement.
The two wounded men were hospitalized, according to the official Palestinian news agency Wafa.
The military said it arrested 11 Palestinians in raids across the West Bank overnight on Monday.
Israel has sent forces to search through Palestinian cities and villages in search of suspects or accomplices linked to two deadly attacks on Israelis in recent weeks. Earlier this month, a Palestinian gunman opened fire at a crowded Tel Aviv bar, killing three, and fled the scene. He was later killed in a shootout with police after an extensive manhunt.
That assault, as well as three other attacks elsewhere in Israel in recent weeks, have killed 14 people, the deadliest outburst of bloodshed against Israelis in years.
At least 25 Palestinians have been killed by Israeli forces in recent weeks, according to an Associated Press count. Many had carried out attacks or were involved in the clashes, but an unarmed woman and a lawyer who appears to have been a bystander were also among those killed.
Jenin is considered a stronghold of Palestinian militants. Israeli forces often come under fire when operating in the area. Even the Palestinian Authority, which administers parts of the occupied West Bank and coordinates with Israel on security matters, appears to have little control.
Israel captured the West Bank, along with the Gaza Strip and east Jerusalem, in the 1967 Mideast war. The Palestinians seek those territories for a future independent state. | https://cw33.com/news/international/ap-international/two-palestinians-wounded-by-israeli-troops-in-west-bank-raid/ | 2022-04-18T10:49:25Z |
SOUTH SAN FRANCISCO, Calif., April 8, 2022 /PRNewswire/ -- Sutro Biopharma, Inc. ("Sutro" or the "Company") (NASDAQ: STRO), a clinical-stage drug discovery, development and manufacturing company focused on the application of precise protein engineering and rational design to create next-generation cancer therapeutics, today announced new nonclinical data for its folate receptor alpha (FolRα) targeting antibody-drug conjugate (ADC) STRO-002, in an e-poster session, at the American Association for Cancer Research (AACR) Annual Meeting 2022, being held virtually and in New Orleans from April 8-13, 2022.
STRO-002 is an ADC designed to target FolRα, which is currently in Phase 1 clinical trials for the treatment of ovarian and endometrial cancers. In the e-poster session presented at AACR, studies in vitro demonstrate STRO-002's ability to induce hallmarks of immunogenic cell death. Studies in vivo show that pre-administration of STRO-002 to FolRα-expressing tumor cells confers anti-tumor immunity as demonstrated by both rejection of the primary tumor and significant protection after a tumor re-challenge. Further, in vivo induction of immunogenic cell death extended to a complementary anti-tumor mechanism in combination with a checkpoint inhibitor (avelumab) in re-challenged animals. Additionally, when STRO-002 was administered in combination with an anti-VEGF antibody (bevacizumab), the tumor growth was significantly inhibited.
Nonclinical studies using endometrial and non-small cell lung cancer (NSCLC) patient derived xenograft models with diverse levels of FolRα expression demonstrated robust STRO-002 activity, with the degree of efficacy correlating with FolRα levels. Similar activity was also seen in cells with moderate to low levels of FolRα expression. In the NSCLC model, a STRO-002 dose of 10 mg/ml resulted in significant and long-term responses.
"These nonclinical data provide insight into STRO-002's immunogenic cell death properties and reveal its potential to elicit host immune system engagement and potentiate efficacy in a targeted and dependent manner," said Trevor Hallam, Ph.D., President of Research and Chief Scientific Officer at Sutro. "The potent cytotoxic and immune stimulatory properties of STRO-002 through immunogenic cell death may also enhance activity in indications that are thought to have lower levels of FolRα such as in non-small cell lung cancer and endometrial cancers."
The data is being presented as an e-poster at the AACR Annual Meeting, with details as follows:
The poster is accessible through the Clinical/Scientific Presentation and Publication Highlights page of the News section of the company's website at www.sutrobio.com.
Sutro Biopharma, Inc., located in South San Francisco, is a clinical-stage drug discovery, development and manufacturing company. Using precise protein engineering and rational design, Sutro is advancing next-generation oncology therapeutics.
Sutro's proprietary and integrated cell-free protein synthesis platform XpressCF® and site-specific conjugation platform XpressCF+™ led to the discovery of STRO-001 and STRO-002, Sutro's first two internally-developed ADCs. STRO-001 is a CD74-targeting ADC currently under investigation in a Phase 1 clinical trial for patients with advanced B-cell malignancies and was granted Orphan Drug Designation by the FDA for multiple myeloma. STRO-002, a folate receptor alpha (FolRα)-targeting ADC, is currently being investigated in a Phase 1 clinical trial for patients with ovarian and endometrial cancers and was granted Fast Track designation by the FDA for ovarian cancer. A third product candidate, CC-99712, a BCMA-targeting ADC, which is part of Sutro's collaboration with Bristol Myers Squibb, formerly Celgene Corporation, is enrolling patients for its Phase 1 clinical trial of patients with multiple myeloma and has received Orphan Drug Designation from the FDA. A fourth product candidate, M1231, a MUC1-EGFR, bispecific ADC, which is part of Sutro's collaboration with Merck KGaA, Darmstadt, Germany, known as EMD Serono in the U.S. and Canada (EMD Serono), is enrolling patients for its Phase 1 clinical trial of patients with metastatic solid tumors, non-small cell lung cancer (NSCLC) and esophageal squamous cell carcinoma. These four product candidates resulted from Sutro's XpressCF® and XpressCF+™ technology platforms. Bristol Myers Squibb and EMD Serono have worldwide development and commercialization rights for CC-99712 and M1231, respectively, for which Sutro is entitled to milestone or contingent payments and tiered royalties.
Sutro is dedicated to transforming the lives of cancer patients by creating medicines with improved therapeutic profiles for areas of unmet need. To date, Sutro's platform has led to ADCs, bispecific antibodies, cytokine-based immuno-oncology therapies, and vaccines directed at precedented targets in clinical indications where the current standard of care is suboptimal.
Sutro's platform allows it to accelerate discovery and development of potential first-in-class and best-in-class molecules through rapid and systematic evaluation of protein structure-activity relationships to create optimized homogeneous product candidates. In addition to developing its own oncology pipeline, Sutro is collaborating with select pharmaceutical and biotechnology companies to discover and develop novel, next-generation therapeutics.
Follow Sutro on Twitter, @Sutrobio, and at www.sutrobio.com to learn more about our passion for changing the future of oncology.
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, anticipated preclinical and clinical development activities, timing of announcements of clinical results or nonclinical results, potential benefits of STRO-002 and the Company's other product candidates and platform, potential future milestone and royalty payments, and potential market opportunities for STRO-002 and the Company's other product candidates. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, the Company cannot guarantee future events, results, actions, levels of activity, performance or achievements, and the timing and results of biotechnology development and potential regulatory approval is inherently uncertain. Forward-looking statements are subject to risks and uncertainties that may cause the Company's actual activities or results to differ significantly from those expressed in any forward-looking statement, including risks and uncertainties related to the Company's ability to advance its product candidates, the receipt and timing of potential regulatory designations, approvals and commercialization of product candidates and the Company's ability to successfully leverage Fast Track designation, the market size for the Company's product candidates to be smaller than anticipated, the impact of the COVID-19 pandemic on the Company's business, clinical trial sites, supply chain and manufacturing facilities, the Company's ability to maintain and recognize the benefits of certain designations received by product candidates, the timing and results of preclinical and clinical trials, the Company's ability to fund development activities and achieve development goals, the Company's ability to protect intellectual property, the value of the Company's holdings of Vaxcyte common stock, and the Company's commercial collaborations with third parties and other risks and uncertainties described under the heading "Risk Factors" in documents the Company files from time to time with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.
Investor Contact
Annie J. Chang
Sutro Biopharma
(650) 801-5728
ajchang@sutrobio.com
Media Contact
Maggie Beller
Russo Partners
(646) 942-5631
Maggie.beller@russopartnersllc.com
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SOURCE Sutro Biopharma | https://www.wibw.com/prnewswire/2022/04/08/sutro-biopharma-presents-nonclinical-data-antibody-drug-conjugate-stro-002-aacr-annual-meeting-2022/ | 2022-04-08T19:10:26Z |
Over two dozen sessions and some 75 speakers in six days. We have a lot to talk about in Wisconsin.
MADISON, Wis., Aug. 5, 2022 /PRNewswire/ -- A few months back, the Cap Times announced that the sixth annual Cap Times Idea Fest will once again be a hybrid of virtual and in-person events from Sept. 12-17 across Madison. This morning, Cap Times publisher Paul Fanlund announced speakers including Carl Bernstein and U.S. Rep. Jamie Raskin, and session topics ranging from the election to climate change.
Bernstein, who along with Washington Post colleague Bob Woodward broke the Watergate scandal 50 years ago, will be the featured guest in a special fundraiser, while Raskin, a Democrat from Maryland who is a member of the congressional committee investigating the Jan. 6 insurrection, will be the keynote speaker on Friday, Sept. 16.
Tickets are now on sale and registration is open for all free virtual events. The full schedule of events and locations will be available in a few weeks at captimesideafest.com.
This year, Cap Times is proud to announce it has teamed up with Madison's Young Blood Beer Company for an official Cap Times Idea Fest beer. Young Blood will brew a limited-release hazy IPA with hops sourced from Wisconsin, available for purchase at Young Blood's taproom in downtown Madison and at some in-person fest sessions. The beer name and more details will be announced soon at captimes.com.
Virtual sessions during the first part of the week will focus on topics including the upcoming election, climate change, immigration, medical records, rural broadband, marijuana policy and the influence of Title IX. Speakers will include Sen. Melissa Agard, Prof. Dominique Brossard, journalist Ruth Conniff, Sen. Mary Felzkowski, Prof. Charles Franklin, author Andrew Maraniss, activist Christine Neumann-Ortiz, Prof. Ajay Sethi and many more.
Cap Times food editor Lindsay Christians hosts chef Joe Papach of Harvey House in Kessenich's Innovation Kitchen. Register to watch this event free online. Cap Times members get exclusive access to join live for a limited number of seats and enjoy the featured dish and a glass of wine.
Madison Area Music Association-award winning trio Gin, Chocolate and Bottle Rockets will perform a lively show at Doc's Smokehouse. Tickets are $15, or free for Cap Times members at the King Street level and higher. Price includes an outstanding barbecue dinner.
Held at the Memorial Union's Great Hall, cocktails begin at 6:30 p.m. As a special fundraiser for the Cap Times, come hear Madison native and Washington Post editor David Maraniss interview Post colleague Carl Bernstein of Watergate fame about the 50th anniversary of that scandal, how our current political climate compares and his early journalism career. Tickets are $125, or $100 for Cap Times members at the King Street level and higher. Price includes light appetizers, drinks and a copy of Bernstein's new book, "Chasing History: A Kid in the Newsroom."
Three days of events all at one price! On Wednesday, Sept. 15, at 7 p.m., join us at Madison College's south campus for an outstanding discussion about the "Rising Tide on the south side" featuring community leaders: Ruben Anthony, the Rev. Dr. Alex Gee, Vanessa McDowell and Karen Menendez-Coller. On Friday, Sept. 16, and Saturday, Sept. 17, join us in the Union's Shannon Hall for an outstanding lineup of speakers including Jocelyn Benson, Barb McQuade, Toluse Olorunnipa, Jamie Raskin, Robert Samuels and more. Tickets are $25, or $10 for Cap Times members at the King Street level and higher.
This annual event is the largest hosted by the Cap Times since 2017. All who register, purchase tickets and sponsor this event are supporting local journalism and the Cap Times newsroom. Readers can support the Cap Times by becoming a Cap Times member. Members of all levels will get Idea Fest ticket discounts, and members at the Evjue level will get a free pair of tickets. Thank you to the Madison community and to all of our readers for your continued support. Subscribe to the Cap Times Idea Fest newsletter to get fest updates and answers to FAQs, or visit captimes.com.
Thank you to our sponsors.
Epic
HealthX
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Madison College
MG&E
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Doc's Smokehouse
Young Blood Beer Company
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SOURCE Cap Times | https://www.wibw.com/prnewswire/2022/08/05/carl-bernstein-jamie-raskin-announced-cap-times-idea-fest-speakers-tickets-now-sale/ | 2022-08-05T21:23:12Z |
MAJURO, Marshall Islands, Sept. 5, 2022 /PRNewswire/ -- Gate Global UAB, the Lithuania-based entity of Gate.io Group, has completed its registration as a Virtual Assets Service Provider (VASP) in Lithuania, which allows Gate Global UAB to provide both cryptocurrency exchange and wallet services in or from Lithuania in compliance with local anti-money laundering and counter-terrorist financing (AML/CFT) laws and regulations.
Gate.io Group Founder and CEO Dr. Lin Han said, "Within every country we operate in, we seek to meet and exceed regulatory safeguards. Providing users with a reliable and safe experience and working with governments to meet their expectations will always be our primary goals when entering new regions."
"Lithuania has been extremely proactive in creating a healthy environment for digital asset companies. Their compliance and controls align with our commitments to reliable, safe, and compliant operations."
Gate Global UAB is building a local team to oversee business operations in the country and offer products tailored to the region. Being a small Baltic European Union nation, Lithuania was among the early countries to spearhead crypto-friendly regulations, forming a welcoming regulatory environment for crypto exchanges.
The new registration announcement comes during accelerated global expansion from Gate.io Group. Seeking to reach more users worldwide, the exchange is aggressively pursuing licenses and registrations in multiple regions with healthy crypto regulatory outlooks.
About Gate.io Group
Established in 2013, Gate.io Group is one of the pioneers in the crypto industry. It has established a comprehensive ecosystem, which includes a cryptocurrency exchange, public blockchain, decentralized finance, research and analysis, venture capital investing, wallet services, startup incubator labs and more.
Gate.io is a leading global cryptocurrency exchange under Gate.io Group. Gate.io offers services related to the trading of multiple leading digital assets, and it has grown to serve over 10 million users around the world. It has been consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko and has received a rating of 4.5 by Forbes Advisor, making it one of the Best Crypto Exchanges for 2021.
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SOURCE Gate.io | https://www.mysuncoast.com/prnewswire/2022/09/06/gateio-group-completes-virtual-asset-service-provider-registration-lithuania-signifying-eu-milestone-its-expansion/ | 2022-09-06T03:49:03Z |
ARLINGTON, Texas, Aug. 10, 2022 /PRNewswire/ -- In a nation still reeling from the tragic Uvalde school shooting, the return to school may leave some children grappling with anxiety.
Two therapists with Texas Health Resources offer tips for helping children cope.
- Create a safe space to discuss their fears, safety and how to manage those fears
Teach children the importance of "see something, say something" – telling a trusted adult if they hear or see something that doesn't feel safe, said Renee´ Breazeale, administrator of Texas Health Recovery and Wellness Center. Because fear and anxiety may ebb and flow throughout the school year, check in regularly with your children about concerns they may be experiencing.
- Don't minimize the risk
Validate your child's concerns and fears but remember their brain is still developing and they are looking for reassurance and stability. Help them create a safety plan for any number of situations that feels accessible, age-appropriate and that the child would realistically feel comfortable doing.
"Educate your child like you would educate them for a natural disaster," said Christina Thomas, an inpatient adolescent therapist at Texas Health Springwood Behavioral Health Hurst-Euless-Bedford. "We talk to our children about what to do if there is a fire or a tornado. The goal is not to instill fear; the goal is to instill awareness."
- Limit and monitor exposure to social media
Consider parental controls that can help limit what younger children are exposed to on social media or through other platforms.
- Consider seeking professional help
If your child continues to show high levels of anxiety, becomes isolated or has changes in their sleep, appetite, mood and focus, consider seeking professional help. Texas Health offers free behavioral health assessments. To schedule an assessment, visit the Texas Health website or call 682-626-8719.
Texas Health Resources is a faith-based, nonprofit health system that cares for more patients in North Texas than any other provider. With a service area that consists of 16 counties and more than 7 million people, the system is committed to providing quality, coordinated care through its Texas Health Physicians Group and 29 hospital locations. The system has more than 4,100 licensed hospital beds, 6,400 physicians with active staff privileges and more than 26,000 employees.
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SOURCE Texas Health Resources | https://www.mysuncoast.com/prnewswire/2022/08/10/coping-with-fear-wake-school-shootings/ | 2022-08-10T14:03:01Z |
FCC chief calls on Apple, Google to drop TikTok from app stores
(Gray News) - The commissioner of the Federal Communications Commission is urging Apple and Google to banish the popular social media app TikTok from its app stores.
In a letter addressed to Apple CEO Tim Cook and Alphabet CEO Sundar Pichai, FCC leader Brendan Carr called out the popular app, saying it presents “an unacceptable national security risk” to millions of Americans who have downloaded it. Alphabet is the parent company of Google.
Carr argued in his letter that the app is a “sophisticated surveillance tool.”
He said app owner Bytedance, based in Beijing, has “unfettered access” to sensitive data harvested from its users, including biometric data, keystroke, browsing histories, and that information can possibly be accessed by the Chinese government.
He also accused the app owners of repeated deceit and said the app is “out of compliance with the policies that both of your companies require every app to adhere to.”
The FCC chief said TikTok is already banned for use on government computers, and the federal government has urged military members, federal workers, government officials, lawmakers and their families to shun the popular app.
He said that if Apple and Google decide not to remove TikTok from their respective app stores, they should respond by July 8 explaining their rationale.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/29/fcc-chief-calls-apple-google-drop-tiktok-app-stores/ | 2022-06-29T18:43:55Z |
BRITISH VIRGIN ISLANDS, July 28, 2022 /PRNewswire/ -- Working from home has become a necessary normal, one that's led companies to begin exploring the benefits of workplaces in the metaverse. This is an inevitable change that may help to mitigate some of the challenges that remote working has brought to the surface. Yet, for all the positives offered by a metaverse workplace, it may only intensify certain negatives of remote work for employees.
To explore these topics further, ExpressVPN commissioned a study, in collaboration with Pollfish, surveying 1,500 employees and 1,500 employers in the United States to provide a clearer picture of how they see themselves working in the metaverse.
Technological advancements have increased productivity
As workplaces continue to move to non-office arrangements, both workers (90%) and employers (88%) agree that technological advancements have allowed them to increase productivity and improve connections with their co-workers. Employees in particular cite video conferencing (27%), and in-person meetings (19%)as the communication methods that make them feel most connected and engaged. While employers agree when it comes to video conferencing (32%), they view the metaverse (17%) as the second-best method for staying connected with co-workers versus just 9% of employees.
Employers are much more excited and curious about the metaverse
The majority of employers report feeling excited (66%) and optimistic (54%) about the future of work in the metaverse. Whereas employees report feeling higher levels of anxiety (24%), suspicion (20%) and confusion (17%), signaling an overall level of hesitation.
The metaverse creates opportunities for increased workplace surveillance, which may bring employee pushback
Employee monitoring software has become a popular way for employers to keep an eye on their employees, and the metaverse will only increase the potential for surveillance activities. When looking at existing surveillance tactics, 73% of employers admit to currently surveilling their employees.
The top concerns of employees related to workplace surveillance are the tracking of their real-time location (51%), real-time screen monitoring (50%) and time tracking (47%). Meanwhile, employers are most interested in recording workplace meetings(42%), time tracking (39%), tracking real-time location (39%) and screen monitoring (39%).
"Given the reluctance of many workers to accept further surveillance in the workplace, employers should tread carefully when planning to implement further monitoring activities in virtual workspaces and consider whether they're worth the potential loss of trust and satisfaction among their employees," says Harold Li, Vice President of ExpressVPN.
For full findings and data, please visit ExpressVPN's blog
About ExpressVPN
Founded in 2009, ExpressVPN is one of the world's largest providers of consumer privacy and security services, enabling users to protect themselves online with just a few clicks. The company's award-winning software for Windows, Mac, iOS, Android, Linux, routers, and browsers secures user information and identities with best-in-class encryption and leak proofing. With servers across 94 countries, ExpressVPN provides fast, reliable connectivity around the world. To learn more about ExpressVPN's privacy and security solutions, visit expressvpn.com.
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SOURCE ExpressVPN | https://www.wibw.com/prnewswire/2022/07/28/new-poll-6-10-employees-are-concerned-about-being-monitored-by-their-employers-metaverse/ | 2022-07-28T13:06:02Z |
Deliberations start for 2 men charged in Gov. Whitmer plot
GRAND RAPIDS, Mich. (AP) — Jurors returned Tuesday for their first full day of deliberations in the trial of two men accused of hatching a plan to kidnap Michigan Gov. Gretchen Whitmer, the government’s second shot at getting convictions in a case that emerged just before the 2020 presidential election.
Prosecutors said some of the best evidence against Adam Fox and Barry Croft Jr. came from their own words, either written by them or secretly recorded by FBI agents and informants during weeks of surveillance in three states.
Defense lawyers, meanwhile, pounced on the FBI in their closing arguments, linking any scheme to rogue operatives, not a band of anti-government rebels.
Jury deliberations resumed following an afternoon of work Monday. U.S. District Judge Robert Jonker said there were fans in place, acknowledging that the room was uncomfortably warm because of nearby computer servers, and that breaks for fresh air might be necessary.
During closing arguments, Assistant U.S. Attorney Nils Kessler reminded the jury how Fox, Croft and others took a night ride to Elk Rapids, Michigan, to see Whitmer’s lakeside vacation home and a bridge that could be blown up to obstruct police.
“Look at how close they were, yards away from her house. They didn’t need a helicopter. They didn’t need a boat even,” said Kessler, referring to other ideas that were tossed around. “They needed a pickup truck, duct tape and rope. They had everything they needed.”
Fox, 39, and Croft, 46, are on trial for a second time, after a jury in April couldn’t reach a unanimous verdict but acquitted two other men. Two more pleaded guilty.
“‘Which governor is going to be dragged off and hung for treason first?’” Kessler said, quoting Croft.
“Any governor would do,” the prosecutor said. “By the end of June, he was telling people Michigan’s government is a target of opportunity, and God knows the governor needs to be hung. He didn’t just want to kidnap her. He wanted to have his own trial and execute her.”
The ultimate goal: a second American Revolution, Kessler said.
But defense lawyers have portrayed Fox and Croft as “big talkers,” a bumbling, foul-mouthed, marijuana-smoking pair exercising free speech and incapable of leading anything as extraordinary as the abduction of a public official.
“In America, the FBI is not supposed to create domestic terrorists so that the FBI can arrest them,” Fox attorney Christopher Gibbons told the jury. “The FBI isn’t supposed to create a conspiracy so the FBI can stand up and claim a disruption.”
He said Fox was “isolated, broke, homeless,” living in the basement of a vacuum store in the Grand Rapids area.
Croft’s attorney, Joshua Blanchard, offered a similar assessment in a searing attack on the FBI’s tactics.
“You don’t have to agree with Barry’s politics. I surely don’t,” Blanchard said. “But we should all agree that the principles of truth and justice are the foundation that our country is built upon. The FBI has told us the truth doesn’t matter to them. ... You have the power to put a stop to that today.”
Croft is a trucker from Bear, Delaware.
Whitmer, a Democrat, has blamed then-President Donald Trump for stoking mistrust and fomenting anger over coronavirus restrictions and refusing to condemn hate groups and right-wing extremists like those charged in the plot.
Over the weekend, she said she hadn’t been following the second trial but remains concerned about “violent rhetoric in this country.”
Trump recently called the kidnapping plan a “fake deal.”
___
Find the AP’s full coverage of the kidnapping plot trial: https://apnews.com/hub/whitmer-kidnap-plot-trial
___
White reported from Detroit.
___
Follow Ed White at http://twitter.com/edwritez
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/23/deliberations-start-2-men-charged-gov-whitmer-plot/ | 2022-08-23T13:35:49Z |
- From today on WayAway offers a subscription service to get cashback for all travel deals
- First genuine travel cashback benefit with no 'points gimmicks': users can withdraw cash via PayPal
- Trips purchased via subscription plan will save up to ten percent
- Easy-to-use App and desktop version available for users
NEW YORK, July 11, 2022 /PRNewswire/ -- At first glance it seems that new kid-on-the-block 'WayAway' is a flight price comparison website that provides travelers with the best rates on airline tickets. And yes, its innovative search finds the best option for specific travel dates by comparing airfares offered by all major US and global airlines and online travel agencies.
But there is more. Tapping into a world where almost everything is available on subscription, the company has introduced the first paid-membership plan called 'WayAway Plus' that gives travelers cashback reimbursement for all travel deals.
WayAway Plus members can benefit from cashback for airline tickets, hotel bookings, rental cars and other services provided by well-known brands, including Booking.com, Rentalcars, Viator, and Hostelworld.
Unlike some other cashback programs though, the cashback available for WayAway Plus is actually real, hard cash. There's no 'virtual cashback' scams or loyalty program points and other marketing tricks: when the journey is completed, users can withdraw money using PayPal.
"To make it possible we leveraged years of experience in travel tech" Ivan Baidin, CEO of WayAway, says. "Now everyone can enjoy exclusive travel deals that previously have been available only on our B2B platform, where we already learnt how to pioneer real cash cashback for users and now we're making that available to consumers too".
The plan is available on the WayAway website and through its applications for iOS and Android devices.
WayAway is backed by Travelpayouts, a digital partnership platform offering travel brands a marketplace to get distribution and monetization via an affiliate model.
The platform has over 300,000 affiliate partners worldwide and more than 90 travel advertisers, including Booking.com, BlaBlaCar, GetYourGuide, Viator, and others.
Both WayAway and Travelpayouts are brands of Go Travel Un Limited – an international travel company operating in 35 countries.
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SOURCE WayAway | https://www.wibw.com/prnewswire/2022/07/11/wayaway-introduced-first-travel-search-that-finds-travelers-cheap-flights-with-real-cash-cashback-deals/ | 2022-07-11T14:45:11Z |
Taylor scores pivotal goal, Inter Miami defeats Timbers 2-1
FORT LAUDERDALE, Fla. (AP) — Robert Thomas Taylor’s game-winning goal led Inter Miami to a 2-1 victory over the Portland Timbers on Saturday. Following the victory, Miami improved to 5-6-3, while the Timbers fell to 3-6-6. | https://localnews8.com/sports/ap-national-sports/2022/05/28/taylor-scores-pivotal-goal-inter-miami-defeats-timbers-2-1/ | 2022-05-29T04:46:11Z |
Why you could be paying 50% more for a jug of milk this year
By Julia Horowitz, CNN Business
Prices are rising at the fastest pace in decades, creating a cost-of-living crisis that’s forcing people around the world to make tough choices about what to buy.
The United Kingdom is no exception: inflation hit a 40-year high of 9% in April and is forecast to peak above 10% toward the end of this year. The high cost of fuel and heating is just part of the problem. Food prices have also leaped, climbing nearly 7% compared with a year ago, according to data released Wednesday.
A big part of the problem is the soaring price of dairy products. The cost of milk, cheese and eggs — supermarket staples — shot up 9.5% in the 12 months to April. The price of whole milk rose more than 12%.
In the United States, wholesale milk prices jumped 38% last month year-over-year, while the retail price of fresh whole milk was up 15%.
There could be more pain to come, according to a recent analysis by Kite Consulting, which specializes in the UK dairy industry. Between 2020 and 2021, a standard four-pint carton of milk cost between £1.10 ($1.36) and £1.20 ($1.49). This year, it could reach £1.70 ($2.11), the consultancy said. That would mark an increase of more than 50% from the bottom end of the range.
Why the dramatic spike? It partly comes down to supply and demand. Covid-19 drove up the price of many goods as lockdowns distorted global supply chains. This weighed on milk production, as farmers dealt with more expensive fertilizer and animal feed as well as new environmental rules. Meanwhile, the appetite for dairy products, especially in developing countries, grew during the recovery.
Then came the invasion of Ukraine, which further scrambled access to products like wheat, fertilizer and fuel, hiking costs for dairy farmers once again.
“The war is the thing that’s causing the major problem at present,” Kite Consulting managing partner John Allen said.
The price of fertilizer
One of the biggest problems is the spiking price of nitrogen-based fertilizers, which are essential to dairy farming.
“If you look at April 2022 compared to April 2021, you see fertilizer prices almost four times where they were before,” Robert Craig, who runs three dairy farms in northern England with about 1,500 cows.
If farmers cut back on how much fertilizer they use, they can’t grow enough grass to feed their cows while they graze. A recent lack of rain in England is making the problem even worse.
Jessica Langton, who helps run a family farm in Derbyshire with 100 cattle, is concerned.
“We get the majority of our income from milk, so we need to be producing a large amount of grass to feed [cows] through the summer and the winter,” she said. Milk from her family’s farm is used to make cheddar cheese.
Langton noted that a lot of other farms also rely on fertilizer to grow wheat, maize and barley to feed their cows. If they can’t produce enough, they could be forced to sell some of the herd, either to slaughter or to other dairy farmers.
Fertilizer prices were increasing before the invasion of Ukraine because of a spike in natural gas prices last year. Nitrogen-based fertilizers like urea and ammonium nitrate are produced from natural gas.
The invasion of Ukraine made matters worse. Russia and its ally Belarus are major exporters of fertilizer, but few buyers want to touch their supply now. An estimated 18% of the UK’s urea comes from Russia and 7% of its ammonium nitrate, according to Independent Commodity Intelligence Services.
“Russia is such a big exporter of fertilizer, and they have so many sanctions,” said ICIS analyst Deepika Thapliyal. “That’s going to keep supply very tight.”
The price of fuel and animal feed
Energy prices aren’t just a factor in fertilizer production. Fuel is also essential to running a farm, where tractors and other machines can run for between 16 and 20 hours a day.
Langton estimates that the cost of the diesel her family uses has more than doubled compared to last year.
The price of animal feed for cows, which supplements their diets, has surged, too. The UK’s National Farmers’ Union estimates that feed prices have climbed by 70% over the past two years.
Before the war, Russia and Ukraine accounted for more than a quarter of global wheat exports. But the disruption caused by Russia’s blockades at Ukrainian ports sent prices to an all-time high in March. They’ve since come down slightly but remain extremely elevated, rising again in recent days as India banned exports.
Wheat, along with maize and soy, serves as a benchmark for feed prices, Allen of Kite Consulting said.
Craig, the farmer, said that Ukraine produces the “vast majority” of feed for organic dairy cows in the United Kingdom. Now, that product is practically inaccessible.
How it shakes out
It’s not a given that grocery stores will hike milk and other dairy prices in line with dramatic forecasts. Stores are wary of raising the price of essential items too much, lest they scare away customers.
“Some retailers will be prepared to take a much lower margin, if not potentially small losses, [to] make [sure] people come through the door,” said Tom Holder, a spokesperson for the British Retail Consortium. “No one wants to go to the supermarket that has the high-priced milk.”
But farmers like Langton and Craig worry that the dynamics hurting their businesses aren’t going away. Many have to contend with rising labor and transportation costs, too.
“There’s literally nobody to employ. You advertise jobs and there’s very little response,” said Craig. Two of his farms produce milk for cheese. Milk from the third farm is dried and used in a cappuccino mix made by Nestlé.
Kite Consulting estimates that total costs of production for dairy farmers will rise by 29% from 2021 to early 2023. Government subsidies, meanwhile, are dropping, making it even harder to break even.
“If we don’t see the milk price increasing alongside hyperinflation, we could see a lot of dairy farms exiting the industry across the UK,” Langton said, referring to the price at which her family can sell its milk to processors.
Rising food costs will hit poorer households the hardest. About a quarter of Britons have already skipped meals in response to the cost-of-living crisis, according to a survey published by Ipsos this week. That number rises to one in three for people with lower incomes.
David Beasley, head of the United Nations World Food Programme, has warned that rising food prices will cause social unrest in some parts of the world.
As prices are pushed higher to help farmers stay in business, demand is expected to begin to fall off, allowing the market to rebalance itself. But when that moment will arrive remains an anxiety-inducing unknown.
“I don’t think it’s too expensive yet,” Kite Consulting’s Allen said.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/18/why-you-could-be-paying-50-more-for-a-jug-of-milk-this-year/ | 2022-05-18T11:54:33Z |
BARCELONA, Spain, June 21, 2022 /PRNewswire/ -- Sensorium, a leading metaverse developer that leverages the latest AI-, VR- and blockchain solutions to deliver immersive high-end events and experiences, held a panel on the future of music at the iconic music festival Sónar.
The panel was led by Sensorium's Deputy CEO and Art Director Sasha Tityanko and Arca – a Grammy-nominee famous for her bold and thought-provoking experiments with genres, music, and visuals as well as collaborations with artist like Kanye West, FKA Twigs, Bjork, and Lady Gaga. Joining them on stage was SVORA – a mysterious incognito electronic music artist, who made his debut performance earlier this year at SXSW.
The discussion was centered around the most prominent trends disrupting the music industry: advances in AI and VR and the emergence of new concepts like virtual artists and generative music. Arca teased her vision of her future metaverse performances and potential collaboration with AI.
The participants gave special attention to the often neglected topic of inclusivity in the metaverse. The metaverse has an enormous potential to raise awareness and provide a safe space for self-expression. Sensorium shared the vision of solving the problem through partnerships with diverse co-creators, adoption of queer avatars and awareness initiatives to develop metaverse that is inclusive by design.
Sensorium Galaxy is now in beta and is set to launch later this year. To ensure that it is a truly open experience, the platform will be accessible through the most widely available interfaces. Users can tune in using VR headsets to get a sense of true immersion, use a PC to access an augmented reality experience, or download the mobile application to watch streams, build unique NPCs and communicate with them.
About Sensorium Corporation:
Founded in 2018, Sensorium is a leading metaverse developer that leverages the latest AI-, VR- and blockchain solutions to deliver immersive high-end events and experiences. In the virtual environments of Sensorium Galaxy metaverse, users can reinvent themselves, explore vast worlds filled with activities, ranging from games to mediation practices, socialize with others, and interact with their favorite artists.
To ensure the highest quality Sensorium has brought onboard the world's top VR developers and entertainment legends including Jay-Z's Roc Nation and Yann Pissenem's The Night League. The exclusive performances featured in the Galaxy are built in collaboration with chart-topping artists – David Guetta, Armin van Buuren, Eric Prydz, among many others.
For more information visit: https://sensoriumxr.com.
About Arca:
Arca is the pseudonym of shapeshifting Venezuelan artist, singer, DJ, performer, and experimental music composer Alejandra Ghersi, one of the most relevant electronic figures of our time. With brutal frankness and daring sincerity, her music and performative acts work to destabilise binaries and resist categorisation, instead proposing a third way that incorporates both playfulness and sensitivity.
Photo- https://mma.prnewswire.com/media/1844350/Sensorium_Corporation.jpg
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SOURCE Sensorium Corporation | https://www.mysuncoast.com/prnewswire/2022/06/21/sensorium-arca-lead-discussion-future-music-snar/ | 2022-06-21T17:57:54Z |
Film examines the health, social and cultural challenges nurses face in America's diverse communities
PRINCETON, N.J., April 25, 2022 /PRNewswire/ -- Who Cares: A Nurse's Fight for Equity, is a landmark documentary illustrating the life-changing role nurses play in supporting the health and well-being of their communities, far beyond providing care at the bedside. Funded by the Robert Wood Johnson Foundation (RWJF)—the country's largest philanthropy focused solely on health—the documentary highlights how important it is that nurses factor patients' social, cultural and spiritual backgrounds into their care.
Who Cares centers around psychiatric nurse practitioner Whitney Fear, who practices at a federally qualified health center in Fargo, ND. She's a Lakota nurse who grew up on South Dakota's Pine Ridge Reservation. For the past decade, Fear has drawn from her personal background to elevate awareness about the unique needs and experiences of patients in her community. The film aims to capture the dramatic and difficult nature of nursing through the passionate and often dry-humored lens through which nurses like Fear view the profession.
"Nurses have unique insights into the challenges that patients, families and communities face, far beyond their medical conditions," said Beth Toner, RN, MJ, MSN, senior communications officer at RWJF. "As the COVID pandemic made clear, nursing doesn't just happen in hospitals and physicians' offices. Nurses often provide care to communities and populations who have been marginalized and left behind. The people we care for need us to meet them with support wherever they are. Healthcare leaders should consider how to support nurses with the training, resources and systemic structures that allow us to deliver the best possible care to everyone."
The conditions in which people are born, grow, live, work and age all affect their health, Fear says. The documentary highlights these complex, yet addressable challenges in the Fargo community. According to Fear, achieving health equity means that everyone has a fair and just opportunity to be as healthy as possible. In her role as a nurse, she routinely sees how poverty, race/ethnicity, discrimination, access to health care and education—otherwise known as the social determinants of health—affect longevity, vulnerability to chronic conditions and more.
"The needs in rural, underrepresented communities can feel overwhelming, especially in the face of issues like COVID, but a little compassion goes a long way in caring for people in need," said Fear. "Nurses can have a positive impact on the health and overall wellness of our patients. That impacts lives for generations."
The documentary is the latest offering from SHIFT Nursing, an online community for nurses that first launched in 2020 with SHIFT Talk, a podcast 'for nurses, by nurses'—where nurses 'get real' about the challenges they and their patients face. The documentary and podcast are supported by RWJF as part of the foundation's 50-year commitment to nurses and the leading role they play in achieving health equity for their patients. Directed by Jordan Fein and produced by Alkemy X, the film captures the difference Fear makes with personalized, empathetic and holistic care.
The documentary focuses on different aspects of caring for vulnerable people and the challenges that result when it seems like no one cares about a community. It illustrates how Fear and her colleagues care for people with substance use disorders, provide culturally competent care to Native communities and identify and address sex trafficking.
Since launching during the Year of the Nurse and Midwife in August 2020, SHIFT has given voice to America's nearly 4 million nurses during a global pandemic that's taken an incalculable toll on the profession.
Who Cares: A Nurse's Fight for Health Equity, SHIFT Talk and related resources can be found at SHIFTNursing.com. Follow conversations about the film on social media at the following hashtags: #WhoCaresNursesCare #WhoCaresAboutHealthEquity #WhatNursesCareAbout #NursesCareAboutHealthEquity.
About the Robert Wood Johnson Foundation
The Robert Wood Johnson Foundation (RWJF) is committed to improving health and health equity in the United States. In partnership with others, we are working to develop a Culture of Health rooted in equity that provides every individual with a fair and just opportunity to thrive, no matter who they are, where they live or how much money they have. For more information, visit www.rwjf.org. Follow the Foundation on Twitter at www.rwjf.org/twitter or on Facebook at www.rwjf.org/facebook.
Contact: Gisela Rosende, 786-239-8679
GRosende@MessagePartnersPR.com
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SOURCE Robert Wood Johnson Foundation | https://www.mysuncoast.com/prnewswire/2022/04/25/nurse-change-maker-tackles-health-equity-groundbreaking-documentary/ | 2022-04-25T18:08:25Z |
ENGLEWOOD, Colo., Aug. 4, 2022 /PRNewswire/ -- Richey May, the largest independent public accounting firm headquartered in Colorado and a national firm, is also ranked as one of the top 100 public accounting firms in the country.
Inside Public Accounting (IPA), has published its annual list of Top 100 U.S. public accounting firms and Richey May has made the list for the first time; this year ranking #99 overall. IPA's annual list recognizes accounting firms with the highest net revenue in the United States.
"This recognition is another milestone in Richey May's growth. We are thankful for our employees who demonstrate the #RicheyMayWay every day —their hard work and their desire to help each other and our clients is what makes us successful," said Richey May Managing Partner and CEO Jason Yetter.
In the past year, Richey May has added over 115 new team members to its established network of expert financial and business advisors who support the firm's ongoing growth and expansion into new practice areas.
Richey May provides full-service advisory and technology consulting along with assurance and tax services to clients nationwide. The firm specializes in the financial services, alternative investments, mortgage banking, and other regulated industries, and offers a wide range of tailored solutions to meet the needs of many diverse types of organizations, from Fortune 1000 to successful privately held companies and their owners. www.richeymay.com
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SOURCE Richey May | https://www.wibw.com/prnewswire/2022/08/04/richey-may-makes-ipas-top-100-first-time/ | 2022-08-04T16:21:46Z |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) is pleased to announce the recipients of its 2022 scholarships: The Blue Streak® 'Better Then, Better Now' Scholarship and the SMP 'Women in Auto Care' Scholarship. Four students pursuing educations in automotive technology and repair are awarded scholarships to apply toward their education at an automotive technical school or college.
From hundreds of candidates, four exemplary students were selected based on the relevance of their answers, their experience, and their plans for future careers in the auto care industry. Each will be awarded a $5,000 scholarship.
The Blue Streak® 'Better Then, Better Now' winners are Nathan McGuire of Beloit, Kansas, and Chukwuebuka Ani of Brooklyn Center, Minnesota.
The SMP 'Women in Auto Care' Scholarship, which encourages women to pursue careers as automotive technicians, is awarding scholarships to Hannah Armstrong of Carrollton, Texas, and Emmalee Howard of Remsen, New York.
Each program was open to legal residents of the United States and Puerto Rico. Entrants were required to be at least 18 years of age, and be currently enrolled full-time in high school, or in an accredited two- or four-year College, University, or post-high school educational program pursuing an education in automotive technology or repair.
In congratulating the recipients, John Herc, Vice President of Engine Management Marketing stated, "SMP is proud to continually support our future technicians. Programs that provide training for current technicians and offer opportunities such as these scholarships are at the heart of SMP. The auto care industry is in good hands with the next generation of technicians. Congratulations to the worthy recipients, and thank you to all of the students who participated by applying."
SMP believes in education and training, and has been supporting future technicians with scholarship programs for over a decade.
About Blue Streak® by Standard®
Since its introduction, the Blue Streak® brand has been known for premium automotive quality. Made to stand the test of time, Blue Streak® parts are always engineered for superior performance and durability. Featuring heavier- duty ignition coils, premium VVT components, and hi-temp blower motor resistor kits, and ignition coils for import vehicles, the Blue Streak® line has been the professional technicians' choice since 1934, and every Blue Streak® part is backed by our limited lifetime warranty. To learn more, visit StandardBlueStreak.com.
About SMP:
With over 100 years in business, Standard Motor Products, Inc. is a leading independent manufacturer and distributor of premium automotive replacement parts. SMP supplies independent professional technicians and do- it-yourselfers with high quality replacement parts for engine management, ignition, emissions, fuel and safety- related systems, as well as temperature control products for domestic and import cars and light trucks. SMP products are sold worldwide through both traditional and non-traditional distribution channels. For more information, download the SMP Parts App or visit smpcorp.com.
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SOURCE Standard Motor Products, Inc. | https://www.kxii.com/prnewswire/2022/08/02/standard-motor-products-awards-20000-across-two-scholarships-programs/ | 2022-08-02T17:58:36Z |
Company offers tips for customers to manage rising temperatures and energy costs
FAIRMONT, W.Va., June 9, 2022 /PRNewswire/ -- In anticipation of increased electric use along with the potential for seasonal storms, Mon Power, a subsidiary of FirstEnergy Corp. (NYSE: FE), has completed inspections and equipment maintenance across its West Virginia service territory to enhance service reliability for customers during the summer months.
Helicopter patrols have completed inspections of more than 2,100 miles of high-voltage transmission lines located in Mon Power's service territory. The inspections are designed to look for damaged wire, broken cross arms, failed insulators and other hardware problems not visible from the ground. Potential reliability issues identified during the inspection will be prioritized and addressed.
On the ground, Mon Power personnel inspected its more than 250 substations and completed needed repairs prior to the summer. The inspections included using thermovision cameras to capture infrared images that can reveal potential problems with equipment. By identifying hot spots, maintenance and repairs can be completed before a power outage occurs.
Crews also conducted inspections of distribution circuits, focusing on more than 580 line capacitors that maintain proper electric voltage. These devices are especially useful in remote locations because they automatically adjust voltage levels to accommodate changing system conditions.
"During the summer months, our electrical system faces increased demand as our customers use their fans and air conditioning to stay cool," said Jim Myers, president of FirstEnergy's West Virginia operations. "The inspections and maintenance we conduct are essential in enhancing service reliability and keeping our customers comfortable as temperatures climb."
At its regulated power plants, Fort Martin Power Station and Harrison Power Station, Mon Power has cleaned and inspected generation equipment – including main turbines, boiler feed pumps, pulverizers and condensers – to ensure optimal performance during the summer months.
In addition, Mon Power recently completed its annual storm restoration exercise as part of preparations for hurricane season and potential severe storms that commonly occur during the summer months. Storm drills are becoming more common in the utility industry in the wake of severe weather over the last several years.
For more information on preparing for severe weather, or for updates if storms do cause power outages, visit the 24/7 Power Center at www.firstenergycorp.com/outages.
With the summer storm season also comes higher-than-usual temperatures and rising energy costs. Customers can take steps to beat the heat while also managing their electricity bill this summer. The following tips can help customers use electricity wisely during this period of high demand:
- Set thermostats as high as comfort will allow. Every degree a customer can increase the temperature in their home will result in using about 3 percent less energy during the summer.
- Use fans – moving air cools skin faster, resulting in greater comfort on hot days.
- During sunny weather, close drapes or blinds on windows facing the sun to prevent direct radiant heating from impacting interior temperatures.
- Use a programmable or smart thermostat to keep temperatures higher when no one is home and to reduce the temperature before arrival back home.
- Seal any leaks with caulk or weather stripping to prevent hot air from sneaking into your home.
- Check air conditioner and furnace fan filters. Clogged filters waste energy and money by forcing HVAC systems to work harder than necessary.
- Avoid using heat-producing appliances during the hottest hours of the day. The less heat produced at home, the less work the air conditioner must do.
- Payment arrangements and assistance programs are available for customers who need help with their electric bills. For more information, visit www.firstenergycorp.com/billassist.
Summer is also a time when contractors and homeowners spend more time outdoors completing projects. Important outdoor electrical safety tips are available at www.firstenergycorp.com/publicsafety.
Mon Power serves about 395,000 customers in 34 West Virginia counties. Follow Mon Power at www.mon-power.com, on Twitter @MonPowerWV, and on Facebook at www.facebook.com/MonPowerWV.
FirstEnergy is dedicated to integrity safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com and on Twitter @FirstEnergyCorp.
Editor's Note: Photos of workers completing summer readiness inspections are available for download on Flickr. A video of utility personnel conducting a thermovision inspection and explaining the work can be found on the company's YouTube channel.
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SOURCE FirstEnergy Corp. | https://www.wibw.com/prnewswire/2022/06/09/mon-power-completes-inspections-maintenance-help-enhance-service-reliability-customers-through-summer-season/ | 2022-06-09T16:46:20Z |
The cause of death of actress Anne Heche, pictured here in Santa Monica, CA on February 26, 2011 was ruled an accident by the Los Angeles County Department of the Medical Examiner-Coroner.
Heche's car crashed into a Los Angeles home and erupted into flames on August 5. After the accident, Heche experienced a "severe anoxic brain injury," depriving her brain of oxygen, among other critical injuries following the crash, her family and friends said in a statement to CNN.
She died Sunday after being taken off life support, according to a representative for her family.
The coroner cited inhalation and thermal injuries as the cause of death. Other "significant conditions" in her death included a "sternal fracture due to blunt trauma," according to the report posted online.
Heche's body has since been released from the coroner's office, the report says.
CNN has reached out to Heche's representatives for comment.
Heche was an award-winning actress who made her TV debut in 1987 on the soap opera "Another World," a role for which she won a Daytime Emmy. After leaving the show, she began her film career, appearing in acclaimed films including "Donnie Brasco" and "Wag the Dog."
Heche also appeared in films like the 1998 "Psycho" remake and the rom-com "Six Days Seven Nights" alongside Harrison Ford. She also directed a segment of a 2000 HBO film "If These Walls Could Talk 2" and in her 2001 memoir, she revealed her lifelong struggles with mental illnesses after being abused by her father.
The University of Georgia’s class of 2026 is its biggest yet. On August 16, the day before classes began, freshmen attended Freshman Welcome. Click for more.
CNN's Scottie Andrew and Chloe Melas contributed to this report.
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Enhances Univar Solutions' portfolio of specialty chemicals and ingredients offered to cleaning product formulators
ROTTERDAM, Netherlands, May 25, 2022 /PRNewswire/ -- Europe, Univar B.V., a subsidiary of Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global commodity and specialty chemical and ingredient distributor and provider of value-added services, announced today the expansion of its distribution agreement with ANGUS Chemical Company ("ANGUS"), a leading global manufacturer of specialty chemicals for life sciences, home and personal care and industrial markets, to include the pan-European Homecare & Industrial Cleaning (HIC) market. This agreement will further enable Univar Solutions to provide its customers with expanded access to specialty cleaning ingredients alongside comprehensive technical innovation and sourcing support.
Univar Solutions customers across Europe now have access to ANGUS' specialty additives, such as AMP™ (aminomethyl propanol) and TRIS AMINO™ Crystals (tromethamine), which are designed to improve the performance, safety profile and stability of cleaning products, even in the most demanding applications. Under the expanded agreement, Univar Solutions will also offer ULTRA PC™-grades of ANGUS amino alcohols for homecare and industrial cleaning customers who seek low secondary amine content.
"At Univar Solutions, we support homecare and industrial cleaning manufacturers around the globe through a hub-and-spoke model of Solution Centers offering prototyping, trend kits, performance and raw material evaluations and formulation as well as technical assistance," said Aaron Lee, global vice president for Homecare & Industrial Cleaning at Univar Solutions. "With a vast portfolio of materials from some of the world's premier specialty and core product suppliers, Univar Solutions can help develop better performing and sustainable solutions for laundry detergents, glass cleaners and other unique applications; this agreement will further help and support supply chains and product development across Europe."
The agreement expands Univar Solutions relationship with ANGUS, which today serves customers in the Beauty & Personal Care (BPC) and Coatings, Adhesives, Sealants & Elastomers (CASE) and Rubber & Plastic Additives markets. ANGUS offers a unique portfolio of globally registered amino alcohol additives that meet complex HIC formulating requirements and that complement Univar Solutions' expansive offering of specialty ingredients and solutions.
"Our portfolio of specialty additives combines superior performance with visible, measurable benefits in a wide range of end uses, from dish, fabric and pet care to heavy-duty surface cleaning," said Liam Doherty, senior vice president - Europe, Middle East, Africa and India for ANGUS Chemical Company. "We are excited to expand our existing agreement with Univar Solutions and their broad network and deep expertise in homecare and industrial cleaning applications to better serve formulators and manufacturers across Europe that are using ANGUS chemistries."
Univar Solutions and its team of scientists, formulation experts and application specialists help keep communities healthy, fed, clean and safe by contributing to the development and supply of more sustainable cleaning products. As consumers increasingly demand more sustainable product formulations with exceptional performance, our team of experts across a network of global Solution Centers work on helping to improve time to market, solve problems and deliver ingredient innovation through human ingenuity.
Learn more about Univar Solutions' Homecare & Industrial Cleaning business at https://www.univarsolutions.com/industries/homecare-industrial-cleaning.
About Univar Solutions
Univar Solutions (NYSE: UNVR) is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.
About ANGUS Chemical Company
ANGUS is a leading global manufacturer and marketer of specialty ingredients for biotechnology, pharmaceutical, consumer and industrial applications. The company innovates through its unique nitroalkane chemistries, including its flagship AMP™ (aminomethyl propanol) multifunctional additives and TRIS AMINO™ (tromethamine) buffers, which are produced at fully integrated, ISO 9001-certified manufacturing facilities in the United States and Germany. ANGUS serves its global customers through six regional Customer Application Centers located in Chicago, Illinois; Paris, France; São Paulo, Brazil; Singapore; Shanghai, China; and Mumbai, India. The Company is headquartered in Buffalo Grove, Illinois. www.angus.com
Forward-Looking Statements
This press release includes certain statements relating to future events and our intentions, beliefs, expectations, and predictions for the future which are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions. A detailed discussion of these factors and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Potential factors that could affect such forward-looking statements include, among others: the ultimate geographic spread of the COVID-19 pandemic; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities to address or otherwise mitigate the impact of the COVID-19 pandemic; the potential negative impacts of COVID-19 on the global economy and our customers and suppliers; the overall impact of the COVID-19 pandemic on our business, results of operations and financial condition; other fluctuations in general economic conditions, particularly in industrial production and the demands of our customers; significant changes in the business strategies of producers or in the operations of our customers; increased competitive pressures, including as a result of competitor consolidation; significant changes in the pricing, demand and availability of chemicals; our levels of indebtedness, the restrictions imposed by our debt instruments, and our ability to obtain additional financing when needed; the broad spectrum of laws and regulations that we are subject to, including extensive environmental, health and safety laws and regulations; an inability to integrate the business and systems of companies we acquire, including of Nexeo Solutions, Inc., or to realize the anticipated benefits of such acquisitions; potential business disruptions and security breaches, including cybersecurity incidents; an inability to generate sufficient working capital; increases in transportation and fuel costs and changes in our relationship with third party providers; accidents, safety failures, environmental damage, product quality and liability issues and recalls; major or systemic delivery failures involving our distribution network or the products we carry; operational risks for which we may not be adequately insured; ongoing litigation and other legal and regulatory risks; challenges associated with international operations; exposure to interest rate and currency fluctuations; potential impairment of goodwill; liabilities associated with acquisitions, ventures and strategic investments; negative developments affecting our pension plans and multi-employer pensions; labor disruptions associated with the unionized portion of our workforce; and the other factors described in the Company's filings with the Securities and Exchange Commission. We caution you that the forward-looking information presented in this press release is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek, "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise, except as required by law.
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SOURCE Univar Solutions Inc. | https://www.mysuncoast.com/prnewswire/2022/05/25/univar-solutions-angus-expand-distribution-agreement-europe-include-homecare-amp-industrial-cleaning-market/ | 2022-05-25T22:07:59Z |
(NEXSTAR) – The BA.2 subvariant of omicron is driving another increase in COVID-19 cases in the United States. The number of new cases being reported every day is up 61% over the past two weeks, according to data analysis by the New York Times.
The Centers for Disease Control and Prevention tracks community transmission county-by-county. Its most recent map shows more U.S. counties moving into the “high” transmission category, seen in red on the map below.
“High” transmission is defined as a county reporting more than 100 new COVID-19 cases per 100,000 people over the past week, or reporting a higher than 10% test positivity rate. About half of all U.S. counties – 49.57% to be exact – are in the “high” category, according to the CDC.
The CDC map shows community transmission is currently highest along the coasts, as well as in the upper Midwest – though there are pockets of red in every state.
The agency also tracks the severity of the pandemic by looking at hospital admissions and the number of hospital beds used by COVID-19 patients. The map below shows hospitals in the Northeast are seeing the most COVID patients.
Hospitalizations are considered a “lagging indicator” of coronavirus spread. Hospital admissions tend to spike about 10 to 14 days after we see a spike in new cases.
We can get an earlier idea of how much virus is spreading in our communities by doing wastewater surveillance. The coronavirus can be detected in wastewater even if people aren’t going to testing sites or reporting their cases to the local health authority.
But not every city and county does wastewater surveillance. The CDC has current data from about 700 places around the country. Check if your city is showing a spike on the CDC’s website.
The BA.2 subvariant of omicron, which appears to be even more contagious than its predecessor, makes up 99% of new COVID-19 cases in the country, according to current CDC data. | https://cw33.com/news/nexstar-media-wire/how-much-covid-is-in-your-county-new-cdc-data-shows-local-spread-of-ba-2/ | 2022-05-18T18:21:22Z |
Yellen calls for crypto regulation to reduce risks, fraud
By FATIMA HUSSEIN
Associated Press
WASHINGTON (AP) — Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions. One result would be that users would get documentation of their crypto dealings for use in filing their taxes. Yellen is following up on an executive order that President Joe Biden signed on digital assets last month. The administration’s action follows several high-profile examples of alleged cryptocurrency laundering and fraud this year. In February, the Justice Department announced the seizure of more than $3.6 billion and the arrest of a couple accused of conspiring to launder billions of dollars in stolen cryptocurrency. | https://localnews8.com/news/2022/04/07/yellen-calls-for-crypto-regulation-to-reduce-risks-fraud/ | 2022-04-07T15:46:07Z |
NAPA, Calif. (AP) — The weekend arrest of Paul Pelosi, the husband of U.S. Speaker of the House Nancy Pelosi, on suspicion of driving under the influence came after the Porsche he was driving was hit by another vehicle in Northern California’s wine country, authorities said.
Paul Pelosi, 82, was taken into custody shortly before midnight Saturday in Napa County, according to a sheriff’s office online booking report.
He was driving a 2021 Porsche into an intersection near the town of Yountville and was hit by a 2014 Jeep, the California Highway Patrol said in a statement late Sunday.
No injuries were reported, and the 48-year-old driver of the Jeep was not arrested.
Pelosi could face misdemeanor charges including driving under the influence and driving with a blood alcohol content level of 0.08 or higher, the police booking report said. He was released early Sunday on $5,000 bail, records showed.
Drew Hammill, spokesperson for Nancy Pelosi, told The Associated Press on Sunday: “The Speaker will not be commenting on this private matter which occurred while she was on the East Coast.” A telephone message left Monday with Nancy Pelosi’s office seeking comment on the additional details in the highway patrol statement was not immediately returned.
Nancy Pelosi on Sunday delievered the commencement address at Brown University in Providence, Rhode Island. Paul and Nancy Pelosi have been married since 1963.
Pelosi’s arrest was first reported by TMZ. | https://cw33.com/news/politics/ap-politics/dui-arrest-of-pelosis-husband-came-after-california-crash/ | 2022-05-31T08:00:31Z |
SAN DIEGO, Calif., Aug. 22, 2022 /PRNewswire/ -- A leading provider of Genomic services in the UK and Ireland, Source BioScience ("Source"), a part of SourceBio International plc, is now bringing decades of expertise and customer satisfaction in Genomic services to the USA.
Source is able to immediately serve biotechnology, pharmaceutical and research organisations in California and neighboring states with plans to expand its reach further across the US in the coming months. With further plans for rapid growth in the Genomics space, Source will also soon be offering plasmid extraction and Next Generation Sequencing services as part of its portfolio.
Source has already established close relationships with pharmaceutical and life science companies through its dedicated Stability Storage service. A growing Genomic services portfolio will enable partnered research organizations to gain further value and accelerate their discoveries and contributions to furthering health innovation.
Sanger Sequencing services are available via the Source BioScience website (us.sourcebioscience.com), providing access to top quality genomic services with publication-ready data at unrivalled turnaround times.
In reflecting on the success of Source BioScience Sanger Sequencing Service in the UK, a customer from a leading research organization commented: "I started using Source BioScience after a recommendation and I am so pleased I switched. The onsite collection service is so easy to use and I have good quality sequencing data in my inbox by the time I come in the next day. This speed has made a huge difference to efficiency while the onsite collection has taken the stress out of submitting samples. I thoroughly recommend Source BioScience."
Jay LeCoque, Executive Chairman and CEO, commented: "We are excited to be able to offer our world-leading genomic services to our US customer base to further biotechnology and academic research at an accelerated pace."
Contacts:
SourceBio International plc
Jay LeCoque, Executive Chairman and CEO
Jeremy Fordham, General Manager US solutions@sourcebioscience.com
Dave Negus, Group Sequencing Manager sequencing@sourcebioscience.com
Contact no: +1 (562) 944-4466
For more information please visit us.sourcebioscience.com
About SourceBio International plc
SourceBio is a leading international provider of integrated state-of-the-art laboratory services and products with a focus on improving patient diagnosis, management and care. Group revenues are derived from four core business units:
Healthcare Diagnostics including Cell and Digital Pathology, Genomics, Stability Storage and Precision Medicine.
SourceBio International plc (SBI) is listed on the AIM market of the London Stock Exchange.
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SOURCE Source BioScience | https://www.wibw.com/prnewswire/2022/08/22/source-bioscience-launches-sanger-sequencing-service-san-diego-ca-support-life-science-researchers-with-market-leading-genomic-services/ | 2022-08-22T14:46:32Z |
TULSA, Okla., April 19, 2022 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced it will participate in the American Gas Association Financial Forum on Tuesday and Wednesday, May 17-18, 2022, in Miami Beach, Florida.
Robert S. McAnnally, president and chief executive officer, Caron Lawhorn, senior vice president and chief financial officer, and Curtis Dinan, senior vice president and chief operating officer, will be conducting a series of meetings with members of the investment community.
The materials utilized during the conference will be accessible on the ONE Gas website, www.onegas.com/investors/events-and-presentations on Monday, May 16, 2022, after the market closes.
ONE Gas, Inc. (NYSE: OGS) is a 100-percent regulated natural gas utility, and trades on the New York Stock Exchange under the symbol "OGS." ONE Gas is included in the S&P MidCap 400 Index and is one of the largest natural gas utilities in the United States.
Headquartered in Tulsa, Oklahoma, ONE Gas provides a reliable and affordable energy choice to more than 2.2 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in Oklahoma; and Texas Gas Service, the third largest in Texas, in terms of customers.
For more information and the latest news about ONE Gas, visit onegas.com and follow its social channels: @ONEGas, Facebook, LinkedIn and YouTube.
Analyst Contact: Brandon Lohse
918-947-7472
Media Contact: Leah Harper
918-947-7123
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SOURCE ONE Gas, Inc. | https://www.wibw.com/prnewswire/2022/04/19/one-gas-participate-american-gas-association-financial-forum/ | 2022-04-19T22:10:51Z |
WASHINGTON (AP) — President Joe Biden departs on a six-day trip to South Korea and Japan aiming to build rapport with the two nations’ leaders while also sending an unmistakable message to China: Russia’s faltering invasion of Ukraine should give Beijing pause about its own saber-rattling in the Pacific.
Biden departs Thursday and is set to meet newly elected South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida. Their talks will touch on trade, increasing resilience in the global supply chain, growing concerns about North Korea’s nuclear program and the explosive spread of COVID-19 in that country.
While in Japan, Biden will also meet with fellow leaders of the Indo-Pacific strategic alliance known as the Quad, a group that includes Australia, India and Japan.
The U.S. under Biden has forged a united front with democratic allies that has combined their economic heft to make Russia pay a price for its invasion of Ukraine. That alliance includes South Korea and Japan. But even as Biden is to be feted by Yoon at a state dinner and hold intimate conversations with Kishida, the U.S. president knows those relationships need to be deepened if they’re to serve as a counterweight to China’s ambitions.
“We think this trip is going to put on full display President Biden’s Indo-Pacific strategy and then it will show in living color, the United States can at once lead the free world in responding to Russia’s war in Ukraine, and that at the same time chart a course for effective, principled American leadership and engagement in a region that will define much of the future of the 21st century,” White House national security adviser Jake Sullivan said.
The war in eastern Europe has created a sense of urgency about China among major U.S. allies in the Pacific. Many have come to see the moment as their own existential crisis — one in which it’s critical to show China it should not try to seize contested territory through military action.
Biden’s overseas travel comes as he faces strong domestic headwinds: an infant formula shortage, budget-busting inflation, a rising number of COVID-19 infections, and increasing impatience among a Democratic base bracing for a U.S. Supreme Court ruling that is likely to result in a roll back of abortion rights.
The conundrums Biden faces in Asia are no less daunting.
China’s military assertiveness has grown over the course of Biden’s presidency, with its provocative actions frequently putting the region on edge.
Last month, China held military drills around Taiwan after a group of U.S. lawmakers arrived for talks on the self-governed island. Late last year China stepped up sorties into Taiwan’s air space. Taiwan considers itself a sovereign state, but Beijing views Taiwan as a breakaway province and has not ruled out the use of force to achieve unification.
Japan has reported frequent intrusions by China’s military vessels into Japanese territorial waters around the Senkaku Islands in the East China Sea. The uninhabited islets are controlled by Japan but claimed by China, which calls them Diaoyu.
Chinese Foreign Minister Wang Yi on Wednesday criticized what he called negative moves by Washington and Tokyo against Beijing during a video call with Japanese Foreign Minister Yoshimasa Hayashi.
“What arouses attention and vigilance is the fact that, even before the American leader has set out for the meeting, the so-called joint Japan-U.S. anti-China rhetoric is already kicking up dust,” Wang said, according to China’s Foreign Ministry.
Meanwhile, South Korea could tilt closer to the U.S. under Yoon, who took office last week. The new South Korean president has criticized his predecessor as “subservient” to China by seeking to balance the relationships with Washington and Beijing. To neutralize North Korea’s nuclear threats, Yoon has pledged to seek a stronger U.S. security commitment.
The Biden administration has warned China against assisting Russia in its war with Ukraine. In March, the U.S. informed Asian and European allies that American intelligence determined that China had signaled to Russia a willingness to provide military support and financial backing to reduce the blow of severe sanctions imposed by the U.S. and its allies.
Biden administration officials say that the Russian invasion has been a clarifying moment for some of the bigger powers in Asia as financial sanctions and export bans have been put in place to check Russia.
U.S. Ambassador Rahm Emanuel, Biden’s top envoy to Japan, said the Japanese have stood out by rallying eight of 10 members of Association of Southeast Nations to back a U.N. vote against the Russian invasion.
“Japan has been a pacesetter that has picked up and set the pace for South Korea, Singapore, Australia, New Zealand and others here in the Indo Pacific area,” Emanuel said of Tokyo’s support of Ukraine following the Russian invasion.
Biden, who is making his first presidential trip to Asia, met Kishida briefly on the sidelines of a U.N. climate conference last year shortly after the Japanese prime minister took office. He has yet to meet with Yoon face-to-face. The South Korean leader, a former prosecutor who came to office without political or foreign policy experience, was elected in a closely fought election.
Biden arrives in the midst of an unfolding crisis in North Korea, where a mass COVID-19 outbreak is spreading through its unvaccinated population. North Korea acknowledged domestic COVID-19 infections for the first time last week, ending a widely doubted claim it had been virus-free.
In recent months, North Korea has test-launched a spate of missiles in what experts see as an attempt to modernize its weapons and pressure its rivals to accept the country as a nuclear state and relax their sanctions.
Sullivan said U.S. intelligence officials have determined there’s a “genuine possibility” that North Korea will conduct another ballistic missile test or nuclear test around the time of Biden’s visit to Asia.
To be certain, China will also be carefully watching for “cracks in the relationship” during Biden’s trip, said Scott Kennedy, a China economic analyst at the Center for Strategic and International Studies in Washington.
Sullivan confirmed that Biden will use the trip to launch the long-anticipated Indo-Pacific Economic Framework, a proposed pact to set rules for trade and digital standards, ensuring reliable supply chains, worker protections, decarbonization and tax and anticorruption issues. Known as IPEF, it’s a planned substitute for the Trans-Pacific Partnership that President Donald Trump left in 2017 and that the Biden administration has not rejoined.
In terms of economic power, the U.S. slightly lags China in the Pacific, according to the Lowy Institute, an Australian think tank. But the institute’s analysis shows the possibility that a trade pact could magnify the combined power of the U.S. and its allies relative to China. Biden’s challenge is that IPEF would not necessarily cut tariff rates or give allied signatories greater access to U.S. markets, something Asian countries seek.
Biden and his fellow leaders also have their own national interests and differences over what it means to strengthen supply chains that have been rattled by the coronavirus pandemic.
The Democratic president says the U.S. must increase computer chip production on American soil. The shortage has fueled inflation by delaying production of autos, life-saving medical devices, smartphones, video game consoles, laptops and other modern conveniences. Yet allies in Asia are talking about the need to expand their capacity for making semiconductors — a valuable export — in their own countries. | https://cw33.com/news/politics/ap-politics/biden-has-an-eye-on-china-as-he-heads-to-south-korea-japan/ | 2022-05-19T08:47:29Z |
NEW YORK, April 23, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of International Business Machines Corporation (NYSE: IBM) between April 4, 2017 and October 20, 2021, inclusive (the "Class Period"), of the important June 6, 2022 lead plaintiff deadline.
SO WHAT: If you purchased IBM 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 IBM class action, go to https://rosenlegal.com/submit-form/?case_id=5104 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 June 6, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Strategic Imperatives Revenue and growth, CAMSS (the sectors of "Cloud," "Analytics," "Mobile," "Security," and "Social") and CAMSS Components' revenue and growth, and the Company's Segments' revenue and growth were artificially inflated as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives Revenue; (2) IBM's present success and positive future growth prospects concerning its Strategic Imperative business strategy were being fueled by the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperative Revenue; (3) as a result of the foregoing, defendants misled the market by portraying IBM's Strategic Imperative's financial performance and future prospects more favorable than they actually were as a result of the fraudulent scheme and/or the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives; and (4) Total Revenue and IBM's Segments' revenue and growth were artificially inflated as a result of the fraudulent scheme and/or the wrongful reclassification of revenues from non-strategic to strategic and/or the wrongful recognition of revenue. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the IBM class action, go to https://rosenlegal.com/submit-form/?case_id=5104 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
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/04/23/rosen-skilled-investor-counsel-encourages-international-business-machines-corporation-investors-secure-counsel-before-important-deadline-securities-class-action-ibm/ | 2022-04-23T20:22:09Z |
Revenue up 63% year-over-year
SHENZHEN, China, May 13, 2022 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2022, supporting the turnaround efforts made by the Company.
Ms. Renmei Ouyang, the Chief Executive Officer of the Company, stated, "Despite facing a challenging macroeconomic situation, we delivered strong financial results in the first quarter, reflecting the sustainable profitability of our business model. In the first quarter of 2022, our revenue was up 63% to $48.16 million from $29.58 million in the same period of last year, demonstrating the continued execution and progress on our strategic development. Our net income was $1.59 million in the first quarter of 2022, compared with the net loss of $1.54 million for the same period of last year, indicating that we have realized the goal of reaching break-even or even profitable. The significant increase in our financial results marks an excellent start to the year and supports our growth objectives. Looking ahead to the remainder of the year and beyond, we will continue our efforts to serve our customers, explore opportunities in the market of global gold spot trading, digital cloud warehouse as well as lightweight new materials, and drive growth in our business by leveraging our market leadership and investing to capitalize on robust demand dynamics. We believe that we remain well-positioned as the industry leader while maintaining our competitive advantages to deliver long-term growth and generate long-term shareholder value."
First Quarter 2022 Financial Highlights
- Revenue from commodities trading business was $48.16 million, consisting of $47.58 million from sales of commodities products, and $0.58 million from supply chain management services for the quarter ended March 31, 2022, compared with $29.58 million for the same quarter ended March 31, 2021, representing an increase of $18.58 million or 63%.
- Net income was $1.59 million, compared with the net loss of $1.54 million for the same quarter ended March 31, 2021.
- Basic and diluted earnings per share was $0.01, compared with basic and diluted loss per share of $0.02 for the same quarter ended March 31, 2021.
First Quarter 2022 Financial Results
Revenues
For the three months ended March 31, 2022, the Company sold non-ferrous metals to thirteen third party customers at fixed prices, and earned revenues when the product ownership was transferred to its customers. The Company earned revenues of $47.58 million from sales of commodity products for the three months ended March 31, 2022, compared with $29.44 million from sales of commodity products for the three months ended March 31, 2021.
For the three months ended March 31, 2022, the Company provided $0.58 million revenue from supply chain management services to third party customers, compared with $0.15 million to third party customers for the three months ended March 31, 2021.
Cost of revenue
Our cost of revenue primarily includes the cost of revenue associated with commodity product sales and the cost of revenue associated with management services of supply chain. Total cost of revenue increased by $18.18 million, or 62% to $47.60 million for the three months ended March 31, 2022, from $29.42 million for the three months ended March 31, 2021, primarily due to the increase in the cost of revenue associated with commodity product sales in line with our business growth and expansion.
Selling, general, and administrative expenses
Selling, general and administrative expenses increased by $0.68 million or 43%, to $2.25 million for the three months ended March 31, 2022, from $1.57 million for the three months ended March 31, 2021. Selling, general and administrative expenses primarily consisted of salary and employee benefits, office rental expense, amortizations of intangible assets and convertible notes, professional service fees and finance offering related fees. The increase was mainly attributable to (i) amortization of intangible assets of $1.03 million, and (ii) amortization of convertible notes of $0.11 million for the three months ended March 31, 2022 while there was no such issuance for the three months ended March 31, 2021.
Share-based payment for service
For the three months ended March 31, 2021, the share-based payment for service was $1.70 million. On March 4, 2021, the Company issued 750,000 fully-vested warrants with an exercise price of $0.01, with a five-year life, to engaged agent to complete the warrant waiver and exercise agreements. The Company applied Black-Scholes model and determined the fair value of the warrants to be $1.70 million. Significant estimates and assumptions used included stock price on March 4, 2021 of $2.27 per share, risk-free interest rate of one year of 0.08%, life of 5 years, and volatility of 71.57%.
For the three months ended March 31, 2022, no such expenses incurred.
Interest income
Interest income was primarily generated from loans made to third parties and related parties. Interest income increased by $2.29 million, or 109%, to $4.39 million for the three months ended March 31, 2022, from $2.10 million for the three months ended March 31, 2021. The increase was primarily due to loans made to third party vendors for the three months ended March 31, 2022. The increase of interest income is in accordance with the increase in sales of commodity products. For the three months ended March 31, 2022, $0.72 million was attributed to related party and $3.67 million was generated from third party vendors.
Amortization of beneficial conversion feature and relative fair value of warrants relating to convertible promissory notes
For the three months ended March 31, 2022, the item represented the amortization of the beneficial conversion feature of $0.21 million of the three convertible promissory notes issued on January 6, 2021, March 4, 2021 and October 4, 2021.
Net Income(loss)
Net income was $1.59 million for the three months ended March 31, 2022, compared with the net loss of $1.54 million for the three months ended March 31, 2021.
First Quarter 2022 Cash Flows
As of March 31, 2022, the Company had cash and cash equivalents of $3.57 million, as compared with $5.64 million as of the same period of 2021.
Net cash provided by operating activities was $3.75 million for the three months ended March 31, 2022, as compared with net cash used in operating activities of $4.22 million for the same period of 2021.
Net cash used in investing activities was $50.00 million for the three months ended March 31, 2022, compared with $25.06 million for the same period of 2021.
Net cash provided by financing activities was $45.50 million for the three months ended March 31, 2022, compared with $32.15 million for the same period of 2021.
About TD Holdings, Inc.
TD Holdings, Inc. is a service provider currently engaging in commodities trading business and supply chain service business in China. Its commodities trading business primarily involves purchasing non-ferrous metal product from upstream metal and mineral suppliers and then selling to downstream customers. Its supply chain service business primarily has served as a one-stop commodity supply chain service and digital intelligence supply chain platform integrating upstream and downstream enterprises, warehouses, logistics, information, and futures trading. For more information, please visit http://ir.tdglg.com.
Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of TD Holdings, Inc. and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on the Company's operations, the demand for the Company's products and services, global supply chains and economic activity in general. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
For more information, please contact:
Ascent Investor Relations LLC
Ms. Tina Xiao
Email:tina.xiao@ascent-ir.com
Tel: +1 917 609 0333
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SOURCE TD Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/13/td-holdings-inc-reports-first-quarter-2022-financial-results-showing-progress-company-turnaround/ | 2022-05-13T14:23:10Z |
‘Hocus Pocus 2’ will release this fall, just in time for Halloween
(Gray News) - Watch out - the Sanderson sisters will be back this fall in the highly anticipated sequel to the beloved 1993 film, “Hocus Pocus.”
Disney+ announced Tuesday that “Hocus Pocus 2″ will release Sept. 30, according to Entertainment Weekly.
Bette Middler, Sarah Jessica Parker and Kathy Najimy return as the Sanderson sisters who have been called back to the present day, ready to wreak havoc on the world.
“Now more than ever, people need to laugh. We should be laughing every day, and there is so much fun to be had with these three unbelievable women playing delicious characters from such a beloved film,” said Director Anne Fletcher in a news release issued during production.
Fletcher says the sequel will be a movie for everyone – from the fans who grew up with the original to the next generation of viewers.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/18/hocus-pocus-2-will-release-this-fall-just-time-halloween/ | 2022-05-18T15:35:54Z |
NEW YORK, Aug. 11, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Inotiv, Inc. (NASDAQ: NOTV) between September 21, 2021 and June 13, 2022, both dates inclusive (the "Class Period"), of the important August 22, 2022 lead plaintiff deadline in the securities class action commenced by the firm.
SO WHAT: If you purchased Inotiv 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 Inotiv class action, go to https://rosenlegal.com/submit-form/?case_id=6426 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 August 22, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) Envigo RMS, LLC ("Envigo") and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Inotiv class action, go to https://rosenlegal.com/submit-form/?case_id=6426 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
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/08/11/rosen-respected-investor-counsel-encourages-inotiv-inc-investors-secure-counsel-before-important-august-22-deadline-first-filed-securities-class-action-initiated-by-firm-notv/ | 2022-08-11T18:21:16Z |
Satellite images from NASA show water loss at Lake Mead since 2000
LAS VEGAS (FOX5/Gray News) - NASA has released new satellite images that show the rapid decline of water at Lake Mead since 2000.
In the release of the photos, NASA noted that water levels at Lake Mead currently stand at the lowest since April 1937, when the reservoir was still being filled for the first time.
As of July 18, Lake Mead was filled to just 27% of capacity.
Additionally, NASA said the water elevation at the Hoover Dam was 1,041.30 feet above sea level as of July 18; the water elevation at the end of July 2000 was 1,199.97 feet.
“Lake levels at the dam should stay above 1000 feet to continue operating hydropower turbines at normal levels,” NASA said.
Lake Mead provides water to roughly 25 million people in Arizona, Nevada, California and Mexico.
To read more, visit NASA’s website.
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/21/satellite-images-nasa-show-water-loss-lake-mead-since-2000/ | 2022-07-21T19:45:59Z |
JACKPOT: Man turns $30 scratch-off ticket into $5 million prize
GREENSBORO, N.C. (Gray News) - A North Carolina man recently became a millionaire thanks to a lucky scratch-off ticket.
Lottery officials with the North Carolina Education Lottery said Torrance Person took a chance on a $30 scratch-off ticket and won a $5 million prize.
Officials said Person won the price while playing the 200X The Cash scratch-off game. He purchased the ticket from a 7-Eleven store on Greensboro Road in High Point.
The Greensboro resident chose the lump sum option of $3 million. Officials said after taxes, he took home $2,130,309.
According to the North Carolina lottery, the 200X The Cash game debuted in March, offering six top prizes of $5 million and 18 $100,000 prizes.
Lottery officials said ticket sales from scratch-off games raise more than $900 million yearly for education.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/29/jackpot-man-turns-30-scratch-off-ticket-into-5-million-prize/ | 2022-06-29T22:55:14Z |
DALLAS (KDAF) — Legendary Texas-born country music artist George Strait is celebrating his birthday Wednesday, May 18.
Born on May 18 in 1952, “The King of Country” hails from Poteet, Texas. His first single was released “Unwound” in 1981. After his debut, Strait has dominated country charts from the 80s all the way up to the present day.
He was named Entertainer of the Year three times at the Country Music Awards in 1989, 1990 and 2013 and won the title of Entertainer of the Year at the Academy of Country music twice (1990 and 2014).
READ: George Strait coming to Fort Worth in November, here’s when you can get tickets
George Strait will be coming to the DFW area in 2022, specifically Fort Worth, to perform at Dickies Arean on Nov. 18 and Nov. 19.
For more information on his Fort Worth concert, click here. | https://cw33.com/news/texas/happy-birthday-to-texas-born-country-music-legend-george-strait/ | 2022-05-18T15:20:15Z |
NEW YORK, June 13, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Plantronics, Inc. (NYSE: POLY), in connection with the proposed acquisition of POLY by HP Inc. Under the terms of the merger agreement, POLY shareholders will receive $40.00 in cash for each share of POLY common stock owned. If you own POLY shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/poly
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Trecora Resources (NYSE: TREC), in connection with the proposed acquisition of TREC by an affiliate of Balmoral Funds, LLC via a tender offer. Under the terms of the merger agreement, TREC shareholders will receive $9.81 in cash for each share of TREC common stock owned. If you own TREC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/trec
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN) in connection with the proposed acquisition of BHVN by Pfizer Inc. ("Pfizer"). Under the terms of the merger agreement, Pfizer will acquire all outstanding shares of BHVN not already owned by Pfizer for $148.50 per share in cash. BHVN common shareholders, including Pfizer, will also receive 0.5 of a share of New Biohaven per BHVN common share, a new publicly traded company that will retain BHVN's non-calcitonin gene-related peptide development stage pipeline compounds. If you own BHVN shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/bhvn
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Switch, Inc. (NYSE: SWCH), in connection with the proposed acquisition of SWCH by funds managed by DigitalBridge Group, Inc. Under the terms of the merger agreement, SWCH shareholders will receive $34.25 in cash for each share of SWCH common stock owned. If you own SWCH shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/swch
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SOURCE Weiss Law | https://www.mysuncoast.com/prnewswire/2022/06/13/shareholder-alert-weiss-law-reminds-poly-trec-bhvn-swch-shareholders-about-its-ongoing-investigations/ | 2022-06-13T20:44:28Z |
SAN FRANCISCO (AP) — Two San Francisco police officers and a retired officer working part-time at the department have been charged in two separate cases with destroying evidence, stealing a machine gun and other charges, authorities announced Tuesday.
Officers Kevin Patrick Lyons and Kevin Sien were called to the Marriott Marquis Hotel on July 3, 2021, after employees found multiple credit cards, identification cards and suspected drugs in the luggage of a guest who had been locked out of his room for lack of payment.
But instead of collecting the items as evidence, Lyons and Sien shredded the credit cards and IDs and Lyons flushed the alleged drugs down a hotel toilet, the San Francisco District Attorney’s Office said in a statement.
They allegedly told hotel staff that cataloging the evidence would take too long, the office said.
Both officers, who turned themselves in to authorities Tuesday, have been charged with destroying evidence. Their attorneys didn’t immediately return messages from The Associated Press seeking comment.
“San Francisco residents trust the police to conduct the investigative work so my office can bring cases that keep the city safe,” District Attorney Chesa Boudin said. “These officers undermined their own colleagues, my office, and our criminal justice system as a whole by destroying and concealing the evidence of a crime, simply because they didn’t want to take the time to do their jobs.”
The union representing both officers said the facts of the case will show the charges were not warranted.
“We encourage everyone to remember that these individuals are presumed innocent until proven otherwise beyond a reasonable doubt,” Tracy McCray, acting president of the San Francisco Police Officers Association said in a statement.
In a separate case, retired San Francisco Police Officer Mark Williams was charged with unlawful possession of a machine gun, possession of a silencer, and embezzlement after he allegedly removed a submachine gun from the department’s evidence room, where he was working part-time, the DA’s office said.
In August, police department staffers were doing an inventory of the property control division when they found a firearm was missing. The department launched an investigation, found Williams was in possession of the missing weapon and officials immediately terminated him from his part-time job, the San Francisco Police Department said in a statement.
Last week, a judge issued a warrant for his arrest. Williams, too, turned himself in to authorities on Tuesday, officials said.
His attorney, Anthony Brass, said Williams retired from the department in 2017 and admits taking the gun but that the gun was missing some parts and didn’t work and he never tried to make it operational.
“He simply took the weapon home for his own curiosity and he very much realizes that decision was a poor one and is appropriately remorseful for having created this situation,” Brass said.
San Francisco Police Chief Bill Scott said the officers’ actions violate the law and “fall far short of our department’s shared values.”
“As sworn police officers, we have no higher obligation than to earn and maintain public trust, and we are disappointed that these incidents detract from the outstanding work done by our officers and non-sworn members every day,” Scott said. | https://cw33.com/news/u-s-news/ap-u-s-headlines/2-san-francisco-officers-charged-with-destroying-evidence/ | 2022-04-20T16:18:32Z |
Public Defender sworn in as Shawnee County Judge
Published: Sep. 14, 2022 at 4:16 PM CDT|Updated: 8 minutes ago
TOPEKA, Kan. (WIBW) - There’s yet another Judge in Shawnee County.
On Wednesday, Maban Wright was sworn in to preside over Shawnee County District Court’s Division 13. Retired Judge Nancy Parrish administered the oath.
Judge Wright will begin her duties starting Monday, September 19th. She was appointed to the position by Governor Kelly and previously worked for the Kansas State Board of Indigent Defense Services.
Wright will take over for Judge David Debenham, who retired on June 14th.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/14/public-defender-sworn-shawnee-county-judge/ | 2022-09-14T21:26:24Z |
NEW YORK, Sept. 16, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Kohl's Corporation (NYSE: KSS) between October 20, 2020 and May 19, 2022, both dates inclusive (the "Class Period"), of the important November 1, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Kohl's 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 Kohl's class action, go to https://rosenlegal.com/submit-form/?case_id=8539 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 November 1, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Kohl's Strategic Plan was not well tailored to achieving the Company's stated goals; (2) defendants had likewise overstated Kohl's success in executing its Strategic Plan; (3) Kohl's had deficient disclosure controls and procedures, internal control over financial reporting, and corporate governance mechanisms; (4) as a result, Kohl's Board was able to and did withhold material information from shareholders about the state of the Company in the lead-up to the Company's annual meeting; (5) all the foregoing, once revealed, was likely to have a material negative impact on Kohl's financial condition and reputation; and (6) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Kohl's class action, go to https://rosenlegal.com/submit-form/?case_id=8539 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.mysuncoast.com/prnewswire/2022/09/16/rosen-skilled-investor-counsel-encourages-kohls-corporation-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-kss/ | 2022-09-17T13:44:47Z |
DARE making a comeback in Brownsville
Brownsville Police Department is planting seeds of hope in the Brownsville community. SRO Donelda Clayton wanted everyone to know that DARE is back in action.
DARE is a program hosted by police departments all across the world and stands for Drug Abuse Resistance Education.
According to the DARE website, their mission envisions a world in which students everywhere are empowered to respect others and choose to lead lives free from
violence, substance use and other dangerous behaviors.
"We are very excited to educate our young kids," said Assistant Chief Kelvin Evans. "I started helping with DARE back in the 90s when it was introduced in Haywood County. The theory behind it teaches kids responsibilities and choices."
Dare yesterday is very different from DARE today, Evans said. That is solely because times have changed. He said BPD is so excited to be toting a briefcase of knowledge to help identify issues and helping to provide solutions to problems.
If someone offers you drugs, just say no. If someone offers you a drink, just say no. But what happens after you say no? Other factors such as bullying could arise.
"In our DARE program, we are teaching these middle school kids more than just drug identification," said SRO Donelda Clayton. "We are teaching the kids about peer pressure, how to effectively communicate, risks and consequences and to identify that safe person to talk to. They are learning these techniques through teaching and role playing in skits."
Jimora, Temari and Malyiah are three fifth-graders who participate in the DARE program at Sunny Hill Intermediate School in Brownsville. They demonstrated what to do when you are faced with peer pressure. In the skit, two girls were smoking a cigarette and offered the other to try it with them. They made it seem so cool to smoke, but Jimora was not having it. She said no and walked away.
That is the message in a nutshell. Never be forced to do things that causes uncomfortable feelings. Be a leader, say no and walk away.
"Giving back means everything," said Sgt. Nigel Peeples. "Relationships with the police officers helps to enhance growth mentally and physically."
The motivating factor to restart DARE came from the police chief, Barry Debo. Debo was a DARE instructor back in the 80s and is so fired up to help give students the tools they need to succeed. After his excitement to rekindle DARE, staff, police officers and the mayor joined in to make the vision clearer.
Together, they are working to cut the crime rate down and to make Brownsville a safer place. | https://www.jacksonsun.com/story/news/2022/04/04/dare-brownsville-police-department-sro-donelda-clayton-sunny-hill-intermediate-school/7236009001/ | 2022-04-04T08:13:49Z |
BEIJING, July 2, 2022 /PRNewswire/ -- The value of trade between the Hong Kong Special Administrative Region (HKSAR) and the Chinese mainland has surged more than sixfold from $50.77 billion to $360.33 billion, an average annual increase of 8.5 percent since the Hong Kong's return to the motherland 25 years ago, according to the Chinese Ministry of Commerce.
While integrating itself into the country's overall development, Hong Kong has become an important participant in domestic circulation and a key contributor connecting domestic and international circulation.
By the end of 2021, investment from Hong Kong into the mainland had topped $1.4 trillion, accounting for 57.6 percent of the mainland's total attraction of overseas investments.
"Proactively integrating itself into the country's overall development and carving out its role in national strategies, Hong Kong has maintained its strengths in its high degree of openness and in aligning with international rules," Chinese President Xi Jinping said on Friday at the meeting celebrating the 25th anniversary of Hong Kong's return to the motherland.
"With continuously expanding areas and enabling mechanisms for Hong Kong's cooperation and exchanges with the mainland, people in Hong Kong now have better opportunities to start their own businesses and make achievements," he added.
Tapping into Greater Bay Area
The Guangdong-Hong Kong-Macao Greater Bay Area (GBA), which aims to become a world-class bay area and city cluster, is a significant national project conceived and promoted by President Xi.
On July 1, 2017, Xi witnessed the signing of a framework agreement between the National Development and Reform Commission, the country's top economic planner, and the governments of Guangdong, Hong Kong and Macao on deepening Guangdong-Hong Kong-Macao cooperation.
A year later, Xi announced the opening of the Hong Kong-Zhuhai-Macao Bridge, a supergiant sea-crossing traffic project that links Guangdong, Hong Kong and Macao. It has become a physical symbol of China's vision for the GBA.
On February 18, 2019, the outline development plan for the GBA was unveiled, which envisaged creating a role model of high-quality development, an international first-class bay area and a world-class city cluster.
Last September, a plan was launched for further developing the Qianhai cooperation zone for the southern metropolis of Shenzhen and the HKSAR, with the aim of helping the zone better play an exemplary and leading role in the development of the GBA.
The number of Hong Kong-funded enterprises in the Qianhai zone surged 156 percent year on year in 2021. Of the total foreign investment in actual use in Qianhai last year, 93.8 percent was from Hong Kong.
Individuals from Hong Kong are benefiting from the GBA initiative too. Hong Kong and Macao professionals from eight sectors, including teachers, doctors and tour guides, are now allowed to practice on the mainland with mutual recognition of qualifications. By now, over 3,000 professionals have obtained qualifications on the mainland.
Addressing at the celebration, Xi again said central government fully supports Hong Kong in its effort to seize historic opportunities offered by China's development and actively dovetail itself with the Guangdong-Hong Kong-Macao Greater Bay Area.
National governance
"Since Hong Kong's return to the motherland, it has been re-integrated into China's governance system, and a constitutional order was established with the 'One Country, Two Systems' principle as its fundamental guideline," Xi noted.
Chinese citizens who are permanent residents of the HKSAR can participate in the governance of both the SAR and the country as empowered by law.
After its return, at the Ninth National People's Congress (NPC) in 1998, deputies from Hong Kong began to participate in the NPC, the highest body of state power, to discuss plans for national development and problems affecting people's lives, and to put the people's expectations at the top of the agenda on state matters.
Meanwhile, more than 5,600 representatives from all walks of life in Hong Kong serve as members of the Chinese People's Political Consultative Conference (CPPCC) at all levels, including over 200 in the CPPCC National Committee. They are all valued advisors on key national programs and contributors to the development of the country.
Thirty-six deputies from Hong Kong were elected to participate in the work of the 13th NPC, accounting for 1.2 percent of total deputy numbers while over 200 CPPCC members are from the HKSAR, 10 percent of the total. Both ratios significantly exceed Hong Kong's share of the country's population of about 0.5 percent.
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SOURCE CGTN | https://www.mysuncoast.com/prnewswire/2022/07/03/cgtn-integration-into-national-development-brings-new-impetus-hong-kong/ | 2022-07-03T01:55:02Z |
Industry veteran to unlock new opportunities for DI sales and position Ash as a market leader for income protection
FORT WAYNE, Ind., Aug. 10, 2022 /PRNewswire/ -- Ash Brokerage LLC ("Ash"), a leading distributor of life, long-term care, disability and retirement solutions, announced the addition of Brian Lauber, CLU, ChFC, as Senior Vice President of Disability Insurance.
Jason Grover, President of Ash, expressed the opportunity to double down on helping advisors help their clients.
"As a leader in disability insurance, we're never satisfied with good enough," Grover said. "We know there are many more clients who need to protect their income. Looking at Ash's position in the market, now was the time to make a strategic investment back in our DI business to help advisors tell the income protection story."
In January, Ash retained Chris Carlson Brokerage Group to review Ash's messaging and market opportunity. Following the conversations, Matt McAvoy, Partner and Divisional President of Ash, identified Brian as the right person to carry the torch.
"With a proven record for growing market share, Brian is a phenomenal asset to help us tap into additional resources," McAvoy said. "Brian is well known and respected across the insurance industry."
Brian has served at multiple insurance carriers as an advisor, wholesaler, district manager, regional VP, VP of independent distribution and chief marketing officer. Most recently he was Regional Director of IDI Sales for The Standard and Regional Managing Director at Principal Financial Group, two of Ash's key distribution partners for disability insurance.
Brian's tenure will add to Ash's existing team of DI specialists, including Tim Kukieza, VP of Disability, who has successfully grown Ash's DI sales for more than a decade.
For more on Ash's disability insurance offerings, visit ashbrokerage.com/plan/disability-insurance.
Founded over 50 years ago in Fort Wayne, Indiana, Ash Brokerage's more than 400 employees are focused on helping financial professionals innovate through insurance solutions. In 2021, Ash protected almost 50,000 lives, helping place nearly $2 billion of premium. In 2022, Ash Brokerage joined the Integrity Marketing Group family of companies.
As a brokerage general agency, Ash leverages relationships with more than 80 top-rated insurance carriers to answer the needs of financial professionals nationwide. Ash has the tools — and the people — to bring solutions in every stage of life.
Whatever the question. Whatever the need. Ash Answers.
Contact:
Dan Rich
Chief Operations Officer
800-589-3000
dan.rich@ashbrokerage.com
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SOURCE Ash Brokerage, LLC | https://www.kxii.com/prnewswire/2022/08/10/ash-brokerage-announces-brian-lauber-join-svp-disability-insurance/ | 2022-08-10T17:54:28Z |
At the Tissue Engineering and Regenerative Medicine International Society conference, CollPlant will deliver a presentation 'rhCollagen - The Ideal Building Block For 3D Printed and Injectable Scaffolds for Regenerative Medicine' and a poster 'Recombinant Human Collagen-Based Bioinks for Biofabrication Applications'
REHOVOT, Israel, July 5, 2022 /PRNewswire/ -- CollPlant (NASDAQ: CLGN), a regenerative and aesthetics medicine company developing innovative technologies and products for tissue regeneration and organ manufacturing, today announced that the company will deliver two presentations, and will have an exhibition booth at the annual conference and exhibition of the Tissue Engineering and Regenerative Medicine International Society (TERMIS), in Toronto, Canada, on July 10-13, 2022.
"We look forward to participating at the TERMIS conference, a leading organization in the field of tissue engineering and regenerative medicine," said Yehiel Tal, CollPlant's Chief Executive Officer. "We will deliver two presentations demonstrating the unique biological and physical properties of rhCollagen-based compositions, which provide the flexibility to formulate a wide variety of biomaterials that are designed for different regenerative medicine applications including bioprinting of organs and tissues, soft and hard tissue reconstruction, and skin rejuvenation. We will also have an exhibition booth where our marketing and R&D team will interact with researchers, scientists, and clinicians from both academia and industry to showcase our products."
- Exhibition booth #25
- Presentation title: RhCollagen - The Ideal Building Block For 3D Printed and Injectable Scaffolds for Regenerative Medicine
- Poster title: Recombinant Human Collagen-Based Bioinks For Biofabrication Applications
About CollPlant
CollPlant is a regenerative and aesthetic medicine company focused on 3D bioprinting of tissues and organs, and medical aesthetics. The Company's products are based on its rhCollagen (recombinant human collagen) produced with CollPlant's proprietary plant based genetic engineering technology. These products address indications for the diverse fields of tissue repair, aesthetics, and organ manufacturing, and are ushering in a new era in regenerative and aesthetic medicine.
At the beginning of 2021, CollPlant entered into a development and global commercialization agreement for dermal and soft tissue fillers with Allergan, an AbbVie company, the global leader in the dermal filler market. Later in 2021, CollPlant entered a strategic co-development agreement with 3D Systems for a 3D bioprinted regenerative soft tissue matrix for use in breast reconstruction procedures in combination with an implant.
For more information about CollPlant, visit http://www.collplant.com
Safe Harbor Statements
This press release may include forward-looking statements. Forward-looking statements may include, but are not limited to, statements relating to CollPlant's objectives plans and strategies, as well as statements, other than historical facts, that address activities, events or developments that CollPlant intends, expects, projects, believes or anticipates will or may occur in the future. These statements are often characterized by terminology such as "believes," "hopes," "may," "anticipates," "should," "intends," "plans," "will," "expects," "estimates," "projects," "positioned," "strategy" and similar expressions and are based on assumptions and assessments made in light of management's experience and perception of historical trends, current conditions, expected future developments and other factors believed to be appropriate. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Many factors could cause CollPlant's actual activities or results to differ materially from the activities and results anticipated in forward-looking statements, including, but not limited to, the following: the Company's history of significant losses, its ability to continue as a going concern, and its need to raise additional capital and its inability to obtain additional capital on acceptable terms, or at all; the impact of the COVID-19 pandemic; the Company's expectations regarding the timing and cost of commencing clinical trials with respect to tissues and organs which are based on its rhCollagen based BioInk and products for medical aesthetics; the Company's ability to obtain favorable pre-clinical and clinical trial results; regulatory action with respect to rhCollagen based BioInk and medical aesthetics products including but not limited to acceptance of an application for marketing authorization review and approval of such application, and, if approved, the scope of the approved indication and labeling; commercial success and market acceptance of the Company's rhCollagen based products in 3D Bioprinting and medical aesthetics; the Company's ability to establish sales and marketing capabilities or enter into agreements with third parties and its reliance on third party distributors and resellers; the Company's ability to establish and maintain strategic partnerships and other corporate collaborations; the Company's reliance on third parties to conduct some or all aspects of its product manufacturing; the scope of protection the Company is able to establish and maintain for intellectual property rights and the Company's ability to operate its business without infringing the intellectual property rights of others; the overall global economic environment; the impact of competition and new technologies; general market, political, and economic conditions in the countries in which the Company operates; projected capital expenditures and liquidity; changes in the Company's strategy; and litigation and regulatory proceedings. More detailed information about the risks and uncertainties affecting CollPlant is contained under the heading "Risk Factors" included in CollPlant's most recent annual report on Form 20-F filed with the SEC, and in other filings that CollPlant has made and may make with the SEC in the future. The forward-looking statements contained in this press release are made as of the date of this press release and reflect CollPlant's current views with respect to future events, and CollPlant does not undertake and specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact at CollPlant:
Eran Rotem
Deputy CEO & CFO
Tel: + 972-73-2325600
Email: Eran@CollPlant.com
Photo: https://mma.prnewswire.com/media/1853282/CollPlant_TERMIS.jpg
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SOURCE CollPlant | https://www.wibw.com/prnewswire/2022/07/05/collplant-present-exhibit-termis-annual-conference-toronto-canada/ | 2022-07-05T11:35:46Z |
South Carolina senators reject a near-total abortion ban
COLUMBIA, S.C. (AP) — South Carolina senators rejected a ban on almost all abortions Thursday in a special session called in the aftermath of the U.S. Supreme Court decision overturning Roe v. Wade after five Republicans, including all the chamber’s women, refused to support it.
The 30 Republicans in the 46-member chamber had a majority to pass the ban, but did not have the extra votes to end a threatened filibuster by Republican Sen. Tom Davis.
Davis, the chief of staff for former Gov. Mark Sanford before being elected to the Senate in 2009, was joined by the three Republican women in the Senate, a fifth GOP colleague and all Democratic senators to oppose the proposed ban.
Davis said he promised his daughters he would not vote to make South Carolina’s current six-week abortion ban stricter because women have rights, too.
“The moment we become pregnant we lost all control over what goes on with our bodies,” Davis said, recalling what his daughters told him. “I’m here to tell you I’m not going to let it happen.
After a recess to work through their options, Senate Majority Leader Shane Massey conceded the abortion ban likely couldn’t pass.
“We were never going to pass a total abortion ban,” Massey said. “We never had the votes to pass even what the House passed.”
Senators did pass a few changes to the six-week ban, including cutting the time that victims of rape and incest who become pregnant can seek an abortion from 20 weeks to about 12 weeks and requiring that DNA from the aborted fetus be collected for police. The bill goes back to the House, which passed a ban with exceptions for rape or incest.
South Carolina’s six-week ban is currently suspended as the state Supreme Court reviews whether it violates privacy rights. In the meantime, the state’s 2016 ban on abortions 20 weeks after conception is in effect.
South Carolina’s General Assembly was meeting in a special session to try to join more than a dozen other states with abortion bans.
Most of them came through so-called trigger laws designed to outlaw most abortions when the U.S. Supreme Court threw out the constitutional right to end a pregnancy in June. Indiana’s Legislature passed a new ban last month that has not taken effect.
The debate started Wednesday with the three Republican women in the South Carolina Senate speaking back to back, saying they couldn’t support the bill unless the rape or incest exceptions were restored.
Sen. Katrina Shealy said the 41 men in the Senate would be better off listening to their wives, daughters, mothers, granddaughters and looking at the faces of the girls in Sunday School classes at their churches.
“You want to believe that God is wanting you to push a bill through with no exceptions that kill mothers and ruins the lives of children — lets mothers bring home babies to bury them — then I think you’re miscommunicating with God. Or maybe you aren’t communicating with Him at all,” Shealy said before senators added a proposal allowing abortions if a fetus cannot survive outside the womb.
Massey helped broker the compromise among Republicans that briefly returned the exceptions to the bill. He pointed out state health officials recorded about 3,000 abortions in 2021 within the first six weeks of a pregnancy.
“Heartbeat is great, but this I think is better,” Massey said. “I don’t think abortion should be used as birth control.”
Senate Minority Leader Brad Hutto said Republican women stood up for all women in South Carolina, while Republican men let them down. He said Democrats didn’t want any changes to current laws.
“There may be a sentiment that this is the same as what we already had. It’s not. It’s worse in many regards,” Hutto said.
Republican Gov. Henry McMaster, who has said before he would be happy if there were no abortions in the state, thought the Senate version struck an appropriate balance, governor’s spokesman Brian Symmes said
“It is the governor’s hope that the House and Senate will soon come to an agreement and send a bill to his desk for signature,” Symmes said.
Republican Sen. Sandy Senn, who didn’t vote for the six-week ban in 2021, said a total ban would be an invasion of the privacy against every woman in the state.
“If what is going on in my vagina isn’t an unreasonable invasion of privacy for this legislature to get involved in, I don’t know what is,” Senn said.
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Associated Press writer James Pollard contributed to this report.
___
Follow Jeffrey Collins on Twitter at https://twitter.com/JSCollinsAP.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/09/south-carolina-senators-reject-near-total-abortion-ban/ | 2022-09-09T01:31:56Z |
NEW ORLEANS, May 27, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 1, 2022 to file lead plaintiff applications in a securities class action lawsuit against Riskified Ltd. (the "Company") (NYSE: RSKD), if they purchased or acquired the Company's Class A common stock in or traceable to the Company's July 2021 initial public offering (the "IPO"). This action is pending in the United States District Court for the Southern District of New York.
If you purchased or acquired shares of Riskified as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-rskd/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 1, 2022.
Riskified and certain of its executives are charged with failing to disclose material information in its IPO Registration Statement, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) as the Company expanded its user base, the quality of the Company's machine learning platform had deteriorated (rather than improved as represented in the Registration Statement); (ii) the Company had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which the Company had limited experience, and that this expansion had negatively impacted the effectiveness of the Company's machine learning platform; (iii) the Company suffered from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) as a result of the foregoing, the Company's representations in its Registration Statement were materially false and misleading, and lacked a factual basis.
The case is Thomas v. Riskified Ltd., et al., No. 22-cv-03545.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.kxii.com/prnewswire/2022/05/28/riskified-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-riskified-ltd-rskd/ | 2022-05-28T06:48:41Z |
- Significantly Expands MasTec's Clean Energy & Infrastructure Segment
- Strong Cultural Alignment and Experienced Leadership Team
- Transaction Expected to Close Late Q4 2022 and be Accretive to MasTec's 2023 Adjusted EPS Before Synergy Benefits, with Potential Revenue and Operational Synergies in 2024 and Beyond
- MasTec Updates Financial Guidance for the Second Half of 2022
- MasTec to Host Conference Call at 8:30 AM ET Monday, July 25, 2022, to Discuss the IEA Acquisition
CORAL GABLES, Fla. and INDIANAPOLIS, July 25, 2022 /PRNewswire/ -- MasTec (NYSE: MTZ) ("MasTec") and IEA (Nasdaq: IEA) today announced that they have entered into a definitive agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction valued at $14.00 per IEA share. The transaction has been unanimously approved by the Boards of Directors of both MasTec and IEA, and is subject to customary closing conditions, including IEA stockholders and Hart-Scott-Rodino approvals, with an expected closing late fourth quarter of 2022.
Founded in 2011 with roots dating to 1947, IEA is a premier services provider in renewable energy and infrastructure solutions, with extensive expertise and capabilities spanning engineering, procurement, construction and other related services. IEA has deep and long-standing relationships across a diverse blue-chip customer base. It has completed more than 260 utility-scale wind and solar projects across North America and executed a range of complex public and private infrastructure construction projects.
Jose Mas, MasTec's Chief Executive Officer, commented, "We are proud to expand our service capabilities, scale and expertise providing critical infrastructure to support the nation's energy transition to secure and sustainable renewable sources. We are excited to welcome JP, the IEA management team and almost 6,000 IEA team members to the MasTec family. We have long admired IEA's operating excellence, and we have a strong cultural alignment with IEA in safety and customer service."
Mr. Mas continued, "We believe that the addition of IEA's union based clean energy power generation services, coupled with MasTec and IEA's combined non-union craft labor capacity, will provide increased scale and capacity needed to meet expected growing customer demand for renewable power generation over the next decade. We also believe that MasTec's existing electrical transmission and distribution service capabilities, coupled with expanded renewable power generation services from the IEA acquisition, will provide a compelling and complete suite of services to support customer's needs for both power generation and power grid system infrastructure required to transition to renewable energy and reduce carbon emissions."
JP Roehm, President and Chief Executive Officer commented, "The combination with MasTec will create new opportunities for IEA's employees and our customer base. Our joint resources and capabilities will advance our ability to serve our customers in the renewable energy, power delivery and infrastructure markets. We believe that IEA stockholders will benefit from MasTec and IEA's combined operations and scale, and this belief is reflected in our agreement to receive 25% of the transaction proceeds in MasTec common stock. MasTec is the ideal owner for IEA and I am excited to continue to lead the IEA team during this exciting new chapter of our story."
Transaction Information
Under the terms of the agreement, IEA stockholders will receive $14.00 per share, comprised of $10.50 per share in cash and 0.0483 of a MasTec share, with a value of $3.50 per share, based on MasTec's closing share price on July 22, 2022, and represents a 34% premium to IEA's closing stock price on July 22, 2022.
The acquisition is expected to close late fourth quarter of 2022, subject to IEA stockholder approval, regulatory approvals and other customary closing conditions. MasTec has entered into agreements with various IEA stockholders, which collectively own approximately 35% of IEA's outstanding stock, to vote their shares of IEA common stock in favor of the transaction. Based on estimated IEA net debt levels at closing, the total transaction consideration will be approximately $1.1 billion. MasTec expects to issue approximately 2.8 million MasTec shares in the transaction.
IEA is reaffirming its expectation that full year 2022 revenue will range between $2.3 to $2.5 billion, with net income ranging between $45 to $51 million, adjusted EBITDA (a non-GAAP measure) ranging between $140 to $150 million. For 2023, MasTec expects that IEA will generate revenue between $2.6 to $2.7 billion, with adjusted EBITDA ranging between $160 to $170 million, exclusive of any post transaction synergies1. MasTec expects near term post transaction annual cost savings of approximately $10 million primarily from the combination of reduced IEA public company reporting and other costs. Inclusive of both transaction finance costs as well as expected synergies, MasTec expects that IEA will generate approximately $45 to $50 million of adjusted net income (a non-GAAP measure) in 2023.
MasTec has obtained committed bridge financing from Bank of America and J.P. Morgan, should it be needed, to complete the transaction. MasTec, however, intends to pursue certain other debt financing alternatives to finance the cash portion of the transaction consideration.
J.P. Morgan Securities LLC is serving as financial advisor to MasTec, and Fried Frank Harris Shriver & Jacobson LLP and Holland & Knight LLP are serving as legal counsel. Lazard is serving as financial advisor to IEA, and Gibson, Dunn & Crutcher LLP is serving as legal counsel.
MasTec Second Half 2022 Guidance Update
MasTec also announced today that it is updating its annual guidance for 2022, primarily due to expected higher levels of costs during the second half of the year. The Company is not adjusting its guidance expectation for the second quarter. Updated 2022 guidance also excludes any effects from the IEA acquisition. The Company continues to expect that annual full year 2022 revenue will approximate $9.2 billion, with full year GAAP net income and diluted earnings per share expected to approximate $95 million and $1.24, respectively. Full year 2022 adjusted EBITDA is expected to approximate $750 million and adjusted diluted earnings per share are expected to approximate $3.09.
Second half 2022 revenue is expected to approximate $5 billion, with second half 2022 GAAP net income expected to approximate $114 million and adjusted EBITDA expected to approximate $471 million or 9.4% of revenue. The Company will provide initial commentary on its updated 2022 outlook during today's conference call with additional commentary during its second quarter earnings conference call on August 5, 2022.
Jose Mas, MasTec's Chief Executive Officer commented, "While our expected second half 2022 performance represents a 280-basis point improvement in adjusted EBITDA margin rate versus first half 2022 results, our current expectation reflects higher expected project costs, inefficiencies and delays including the impact of higher fuel, labor and material costs from sustained levels of inflation. We believe that these impacts will be largely mitigated in 2023 as new projects and contractual cost escalators take effect. We continue to expect MasTec legacy operations in 2023 will generate strong revenue and adjusted EBITDA growth and look forward to the expected incremental contribution in 2023 of the IEA acquisition."
Conference Call
In conjunction with this announcement, MasTec has scheduled a conference call for this morning, Monday, July 25, 2022, at 8:30 a.m. Eastern Time, which will also be broadcast live over the Internet. MasTec will utilize a slide presentation to accompany its prepared remarks, which will be viewable through the webcast and will also be available in the "Events and Presentations" area of the "Investors" section of MasTec's website prior to the start of the call. To participate in the call, dial (856) 344-9290 or (800) 289-0571 at least 15 minutes before the conference call begins and ask for the MasTec call using conference code 9021201. You may also visit the Investor Relations section of the MasTec website at https://investors.MasTec.com/events-presentations to access the Internet broadcast. For those who cannot participate live, a recording will be available on the Company's website for approximately 30 days by dialing (719) 457-0820 and referencing the same conference code.
MasTec, Inc. is a leading infrastructure construction company operating mainly throughout North America across a range of industries. The Company's primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility and other infrastructure, such as: power delivery services, including transmission and distribution, wireless, wireline/fiber and customer fulfillment activities; power generation, primarily from clean energy and renewable sources; pipeline infrastructure, including natural gas pipeline and distribution infrastructure; heavy civil; and industrial infrastructure. MasTec's customers are primarily in these industries. The Company's corporate website is located at www.MasTec.com. The information contained on the Company's website is not incorporated into this press release.
Infrastructure and Energy Alternatives is a leading infrastructure construction company with renewable energy and specialty civil expertise. Headquartered in Indianapolis, Indiana, with operations throughout the country, IEA's service offering spans the entire construction process. The Company offers a full spectrum of delivery models including full engineering, procurement, and construction, turnkey, design-build, balance of plant, and subcontracting services. IEA is one of the larger providers in the renewable energy industry and has completed more than 260 utility scale wind and solar projects across North America. In the heavy-civil space, IEA offers a number of specialty services including environmental remediation, industrial maintenance, specialty transportation infrastructure and other site development for public and private projects. For more information, please visit IEA's website at www.iea.net. The information contained on IEA's website is not incorporated into this press release.
Additional Information and Where to Find It:
This communication relates to a proposed acquisition of Infrastructure & Energy Alternatives, Inc. (IEA) by MasTec, Inc. (MasTec). In connection with the proposed acquisition, MasTec and IEA intend to file relevant materials with the Securities and Exchange Commission (SEC), including a Registration Statement on Form S-4 to be filed by MasTec that will include a preliminary proxy statement of IEA and also constitute a prospectus with respect to the shares of common stock of MasTec to be issued in the proposed transaction. The information in the preliminary proxy statement/prospectus will not be complete and may be changed. IEA will deliver the definitive proxy statement to its stockholders as required by applicable law. This communication is not a substitute for any prospectus, proxy statement or any other document that may be filed with the SEC in connection with the proposed business combination.
INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION.
Investors and security holders will be able to obtain these materials (when they are available) and other documents filed with the SEC free of charge at the SEC's website, www.sec.gov. Copies of documents filed with the SEC by MasTec (when they become available) may be obtained free of charge at MasTec's website at MasTec.com. Copies of documents filed with the SEC by IEA (when they become available) may be obtained free of charge on IEA's website at iea.net.
Participants in the Solicitation:
IEA and its directors, executive officers and certain other members of management and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction. Information regarding these persons who may, under the rules of the SEC, be considered participants in the solicitation of IEA stockholders in connection with the proposed transaction and their interests in the transaction will be set forth in the proxy statement/prospectus described above filed with the SEC. Additional information regarding IEA's executive officers and directors is included in IEA's annual report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 7, 2022 and IEA's proxy statement for its 2022 annual meeting of stockholders filed with the SEC on March 23, 2022. These documents may be obtained free of charge at the SEC's website, www.sec.gov, or IEA's website, iea.net.
This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements include, but are not limited to, statements relating to expectations regarding the future financial and operational performance of MasTec or IEA; the projected impact and benefits of IEA on MasTec's operating or financial results; expectations regarding MasTec's or IEA's business or financial outlook; expectations regarding MasTec's plans, strategies and opportunities; expectations regarding opportunities, technological developments, competitive positioning, future economic conditions and other trends in particular markets or industries; the potential strategic benefits and synergies expected from the acquisition of IEA; the development of and opportunities with respect to future projects, including renewable and other projects designed to support transition to a carbon-neutral economy; MasTec's ability to successfully integrate the operations of IEA; the expected closing of, and financing sources for, the acquisition of IEA; the impact of inflation on MasTec's costs and the ability to recover increased costs, as well as other statements reflecting expectations, intentions, assumptions or beliefs about future events and other statements that do not relate strictly to historical or current facts. These statements are based on currently available operating, financial, economic and other information, and are subject to a number of significant risks and uncertainties. A variety of factors in addition to those mentioned above, many of which are beyond our control, could cause actual future results to differ materially from those projected in the forward-looking statements. Other factors that might cause such a difference include, but are not limited to: risks related to completed or potential acquisitions, including the acquisition of Henkels & McCoy Group, Inc., as well as the ability to identify suitable acquisition or strategic investment opportunities, to integrate acquired businesses within expected timeframes and to achieve the revenue, cost savings and earnings levels from such acquisitions at or above the levels projected, including the risk of potential asset impairment charges and write-downs of goodwill; risks related to the impact of inflation on costs as well as economic activity, customer demand and interest rates, risks related to adverse effects of health epidemics and pandemics or other outbreaks of communicable diseases, such as the COVID-19 pandemic, including its effect on supply chain or inflationary issues, as well as, the potential effects of related health mandates and recommendations; market conditions, technological developments, regulatory or policy changes, including permitting processes and tax incentives that affect us or our customers' industries; the effect of federal, local, state, foreign or tax legislation and other regulations affecting the industries we serve and related projects and expenditures; the effect on demand for our services of changes in the amount of capital expenditures by our customers due to, among other things, economic conditions, including potential adverse effects of public health issues, such as the COVID-19 pandemic on economic activity generally, the availability and cost of financing, and customer consolidation in the industries we serve; activity in the industries we serve and the impact on our customers' expenditure levels caused by fluctuations in commodity prices, including for oil, natural gas, electricity and other energy sources; our ability to manage projects effectively and in accordance with our estimates, as well as our ability to accurately estimate the costs associated with our fixed price and other contracts, including any material changes in estimates for completion of projects and estimates of the recoverability of change orders; the timing and extent of fluctuations in operational, geographic and weather factors affecting our customers, projects and the industries in which we operate; the highly competitive nature of our industry and the ability of our customers, including our largest customers, to terminate or reduce the amount of work, or in some cases, the prices paid for services, on short or no notice under our contracts, and/or customer disputes related to our performance of services and the resolution of unapproved change orders; our dependence on a limited number of customers and our ability to replace non-recurring projects with new projects; the effect of state and federal regulatory initiatives, including costs of compliance with existing and potential future safety and environmental requirements, including with respect to climate change; risks associated with potential environmental issues and other hazards from our operations; disputes with, or failures of, our subcontractors to deliver agreed-upon supplies or services in a timely fashion, and the risk of being required to pay our subcontractors even if our customers do not pay us; risks related to our strategic arrangements, including our equity investments; any exposure resulting from system or information technology interruptions or data security breaches; any material changes in estimates for legal costs or case settlements or adverse determinations on any claim, lawsuit or proceeding; the adequacy of our insurance, legal and other reserves; the outcome of our plans for future operations, growth and services, including business development efforts, backlog, acquisitions and dispositions; our ability to maintain a workforce based upon current and anticipated workloads; our ability to attract and retain qualified personnel, key management and skilled employees, including from acquired businesses, and our ability to enforce any noncompetition agreements; fluctuations in fuel, maintenance, materials, labor and other costs; risks associated with volatility of our stock price or any dilution or stock price volatility that shareholders may experience in connection with shares we may issue as consideration for earn-out obligations or as purchase consideration in connection with past or future acquisitions, or as a result of other stock issuances; restrictions imposed by our credit facility, senior notes and any future loans or securities; our ability to obtain performance and surety bonds; risks related to our operations that employ a unionized workforce, including labor availability, productivity and relations, as well as risks associated with multiemployer union pension plans, including underfunding and withdrawal liabilities; risks associated with operating in or expanding into additional international markets, including risks from fluctuations in foreign currencies, foreign labor and general business conditions and risks from failure to comply with laws applicable to our foreign activities and/or governmental policy uncertainty; a small number of our existing shareholders have the ability to influence major corporate decisions; as well as other risks detailed in our filings with the Securities and Exchange Commission. We believe these forward-looking statements are reasonable; however, you should not place undue reliance on any forward-looking statements, which are based on current expectations. Furthermore, forward-looking statements speak only as of the date they are made. If any of these risks or uncertainties materialize, or if any of our underlying assumptions are incorrect, our actual results may differ significantly from the results that we express in, or imply by, any of our forward-looking statements. These and other risks are detailed in our filings with the Securities and Exchange Commission. We do not undertake any obligation to publicly update or revise these forward-looking statements after the date of this press release to reflect future events or circumstances, except as required by applicable law. We qualify any and all of our forward-looking statements by these cautionary factors.
1 Reconciliations of fiscal year 2022 non-GAAP measures are included in this release. Reconciliations of fiscal year 2023 forward-looking financial measures for IEA included in this presentation that are non-GAAP financial measures to the corresponding GAAP financial measures are not included, due to variability and difficulty in making accurate forecasts and projections, particularly in light of the purchase accounting impact on IEA's GAAP results following its acquisition, as well as, because certain information is not currently ascertainable or accessible, and because not all of the information necessary for a quantitative reconciliation of these forward-looking non-GAAP financial measures to the most directly comparable GAAP financial measures is available to MasTec without unreasonable efforts. Estimated adjusted EBITDA and estimated adjusted net income includes the impact of, among other things, amortization of intangible assets and depreciation, which may be significant and difficult to project with a reasonable degree of accuracy, as the allocation of the purchase price to intangible assets and to property and equipment has not yet been performed. Therefore, reconciliations of IEA's estimated adjusted EBITDA and estimated adjusted net income to estimated net income are not available without unreasonable effort. For the same reasons, we are unable to address the probable significance of the unavailable information, nor can we accurately predict all of the components of the applicable non-GAAP financial measures and reconciling adjustments thereto; accordingly, the corresponding GAAP measures may be materially different than the non-GAAP measures. Non-GAAP measures should not be considered in isolation from, as a substitute for, or alternative measure of, GAAP net income and should be reviewed in conjunction with the provided reconciliation thereto. Such forward looking information is also subject to uncertainty and various risks, including those set forth in the risk factors discussed below, and there can be no assurance that any forecasted results or conditions will actually be achieved.
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SOURCE MasTec, Inc. | https://www.wibw.com/prnewswire/2022/07/25/mastec-acquire-infrastructure-energy-alternatives-inc-iea-premier-renewable-energy-infrastructure-services-provider/ | 2022-07-25T11:39:21Z |
Industry leader adds decades of proven sourcing and logistics experience with hire of Russ Johnston
MEQUON, Wis., June 9, 2022 /PRNewswire/ -- Having recently moved into its new headquarters and nearly tripling in headcount, Eagle Eye Power Solutions just added another key hire with Russ Johnston, VP of Operations. With a history of success in sourcing, operations, and supply chain management, Johnston brings an invaluable skillset to this burgeoning company in the critical power industry.
After thirteen consecutive years of strong year-over-year growth, Eagle Eye's continued success has recently resulted in:
- Expanding its HQ footprint to 53,000 sq. ft.
- Nearly tripling headcount across multiple locations
- A 100% increase in annual revenue from 2020-2021
"With sales and demand ramping up, we knew we needed to add someone to our team that could elevate our operations to the next level. Having facilitated significant growth at companies throughout his career, we couldn't be more excited about the impact we're confident Russ will bring to our organization," said Ryan Sberna, Eagle Eye Power Solutions' CEO.
In his most recent role as Director of Sourcing for JM Ellsworth Co., Johnston oversaw the strategic planning, procurement, and logistics as the company tripled in size between 2016 and 2022. And with supply chain uncertainty increasing across all industries, along with evolving customer demands and condensed delivery times, the need to shore-up distribution processes has never been greater.
"Our primary core value at Eagle Eye is 'Customer First', which means we need to consistently deliver on the expectations we're setting for our growing customer base. Russ has the ability to align our operations with sales to ensure our customer experience remains the hallmark of our company," said Sberna.
"At this point in my career, I was looking for an opportunity to use my experience to help a promising small business grow into a mid-size one. With the business model and trajectory of Eagle Eye, there's little doubt that this is a company poised for significant year-over-year growth for the foreseeable future," said Johnston.
Headquartered in Mequon, WI, Eagle Eye Power Solutions is the global leader in combining Critical Power Education, Solutions and Services. With a team of DC Power specialists to draw upon, Eagle Eye works with Utilities and other Critical Power clients to increase reliability, decrease costs, and meet compliance.
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SOURCE Eagle Eye Power Solutions | https://www.kxii.com/prnewswire/2022/06/09/eagle-eye-power-solutions-lands-new-vp-operations-facilitate-continued-growth/ | 2022-06-09T20:03:36Z |
Obi-Wan Kenobi returns to our screens this week. Here’s where he left off
By Scottie Andrew, CNN
After a whopping 17 years away from the “Star Wars” universe, Ewan McGregor returns this week as our beloved bearded Jedi, Obi-Wan Kenobi. “Patience, you must have,” INDEED.
But what was Master Kenobi up to when we saw him last? Does one need to watch several animated series to know what’s going on? And what breadcrumbs has Disney dropped about the plot of “Obi-Wan Kenobi”?
If you’re as lost as C-3PO and R2-D2 were on sandy Tatooine, fear not. Here’s everything you need to know before “Obi-Wan Kenobi” premieres on Friday.
Yay, Obi-Wan’s back! But where are we in the timeline?
“Obi-Wan Kenobi” is sandwiched between the prequels and original trilogy. Disney+ says that the series takes place about 10 years after “Episode III: Revenge of the Sith,” which saw Obi-Wan go into hiding.
This means Luke and Leia are around 10 years old at this point in the “Star Wars” timeline, and Anakin is just a decade into being Darth Vader. Obi-Wan is keeping tabs on Luke from afar, well on his way to becoming “Old Ben.” (Though, to be fair to McGregor, his Obi-Wan is more of a “Middle-Aged and Aging Gracefully Ben.”)
Uh, I forgot — what happened in the movies before this show?
Don’t have time to spend six-plus hours watching the prequels? Here’s a crash course on what Obi-Wan was up to in “Episodes I-III.”
“Episode I”: Obi-Wan, then Padawan to Qui-Gon Jin, meets a young, sprightly Anakin Skywalker on Tatooine, where “Ani” and his mother are enslaved. Qui-Gon, certain that Anakin is the “chosen one” based on his midichlorian count (don’t ask), is killed by Darth Maul, but tasks Obi-Wan with training young Anakin.
“Episode II”: Obi-Wan, now Master to a moodier, sand-averse Anakin, checks out what’s happening on Kamino, where a Clone army has been secretly commissioned, and wars with Jango Fett. Anakin and Obi-Wan are close, though Anakin eschews Obi-Wan’s logical ways to follow his impulses.
“Episode III”: Anakin embraces the Dark Side and duels Obi-Wan on Mustafar, where Anakin becomes Vader. Emperor Palpatine/Darth Sidious commands the Clone army to execute Order 66 (aka, kill all Jedi). They mostly succeed, though they fail to kill two of the most important Jedi — Yoda and Obi-Wan, the latter of whom is distraught by the loss of his “brother.”
Do I need to have watched prior TV series to know what’s happening?
Probably not, unless you’re into homework and good TV. Several “Obi-Wan Kenobi” characters are introduced in the animated series “Star Wars Rebels,” which is streaming on Disney+. (More on those shady characters below.) “Rebels” takes place after “Episode III,” like this show, and Obi-Wan makes a memorable appearance in the third season.
Who’s the bad guy(s) in this series?
In this series, we’ll meet the “Inquisitors,” a society of trained hunters who are steeped in the Dark Side.
First introduced in “Rebels,” their leader is the Grand Inquisitor, played now by Rupert Friend. Inquisitors, oddly, use lightsabers in battle (just wait until Moses Ingram, who plays Inquisitor Reva, wields her double-edged, spinning red saber — Darth Maul is quaking). Yep, lightsabers aren’t reserved for Jedi and Sith anymore — and not every Force wielder belongs to one of those two orders.
Speaking of Sith, the Inquisitors work for one — Darth Vader, who wants them to track down one Jedi Knight in particular.
What’s up with Vader?
The father of all Skywalkers is BACK and badder than ever. “Obi-Wan Kenobi” marks the return of Hayden Christensen as Darth Vader, a role he fully embodied for only a few minutes at the close of “Episode III.”
So what’s Vader up to after he lost his wife, believed his children died and cut ties with Obi-Wan (who in turn cut off several of his limbs)? The trailer skimps on specifics, but we can assume that he’s still a loud mouth-breather focused on quashing the growing Rebel Alliance and finding our titular Jedi. Prepare the tissues for their inevitable reunion.
Is that a young Luke I see?
In the trailer, we see Obi-Wan watching a boy in pod-racing goggles pretending to pilot a ship. We can presume this kid is a young Luke Skywalker, who appears to be around the same age as his father was when Qui-Gon found him.
Young Luke lives with Owen Lars, the son of Cliegg Lars, who married Anakin’s mother, Shmi. Owen and his wife, Beru, raise Luke on their humble moisture farm and keep the truth of his parentage from him, but Obi-Wan knows he’s destined for more.
Joel Edgerton and Bonnie Piesse will reprise their roles from the prequels as Owen and Beru, though hopefully they’ll get a bit more screen time to flesh out the characters before they meet their very violent end in “Episode IV.”
Aren’t there other celebs in this?
There sure are! Joining OGs McGregor and Christensen are comedian Kumail Nanjiani, “Straight Outta Compton’s” O’Shea Jackson Jr. and “Uncut Gems” co-director Benny Safdie, among others.
We haven’t seen footage of any of them except for Nanjiani, who’s in the trailer for a split second, looking distressed. Otherwise, we don’t know who the stars are playing — a fun surprise as the series rolls out.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/entertainment/cnn-entertainment/2022/05/24/obi-wan-kenobi-returns-to-our-screens-this-week-heres-where-he-left-off-2/ | 2022-05-24T15:39:24Z |
VIDEO: Deputy finds missing 81-year-old man alive in retention pond
Published: Jul. 8, 2022 at 3:53 PM CDT|Updated: 1 hour ago
ORANGE COUNTY, Fla. (Gray News) - Authorities in Florida say they are thankful a deputy was able to help a man who went missing earlier this week.
The Orange County Sheriff’s Office shared a video on Tuesday of Deputy Steven Jones locating a missing 81-year-old man and pulling him to safety out of a retention pond.
The sheriff’s office reports there had been a concern for the man after he left his residence without his medication.
According to authorities, Deputy Jones and several more deputies waited with the man until Orange County Fire Rescue could transport him to a nearby hospital.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/08/video-deputy-finds-missing-81-year-old-man-alive-retention-pond/ | 2022-07-08T22:03:59Z |
ALBANY – As a long-time enthusiast, and former member, of the Dougherty County Commission, Harry James has studied the issues and decisions made by the board over the years.
Starting in around 2005, James started attending meetings and regularly paid his own way to attend conferences until his election for a single term in 2012.
Now the owner of contracting company James Unlimited is mounting a bid to get back into county government. He is one of two challengers, the other being the Rev. Lorenzo Heard, looking to unseat Commission Chairman Chris Cohilas, who is seeking a third term.
“In my running, from dealing and talking with people in the county, you’ve got a lot of parts that are going on that the current leadership is missing,” James said. “They’re not connecting the dots.”
Explaining why he was running, James said his primary interest is making sure that economic opportunities extend throughout the county, including economically depressed areas.
“I think that my vision includes the whole county and not just certain sections of the county,” he said. “You’ve got to support the whole county.
“You need more economic development in east and south Albany, as well.”
While large employers are important, the county also needs small businesses that are a crucial piece of the tax base through the property taxes they, like residents, pay as well as the sales taxes they generate and people they employ, the candidate said.
As for the large employers, James said they are looking to locate in places that have a sufficient number of workers and that those potential employees are educated to meet the employers' needs.
One of the missing pieces, James said, is the lack of collaboration between the various governments and the educational institutions that can educate individuals so they can get jobs and remain in Dougherty County instead of leaving to seek work elsewhere.
“You need a better city-county relationship,” he said. “You’ve got to work with the city. You’ve got to work with the school board. This is a component that is missing.”
The local governments also should work with Albany State University and Albany Technical College to initiate programs to make sure residents are qualified for available jobs, he said.
“My opinion, I’ll call it, you’ve got to stop the bleeding, then you can start the healing,” James said.
Another big issue that concerns James is improving pay for county employees. When he took office in 2013, he said, employees had not had a pay raise in eight years, and a consultant hired to study county pay indicated it was about 15 years behind in the amount of compensation paid to workers.
Although workers received a raise during his time on the commission, “They haven’t had raises that amount to anything since,” the candidate said. “You need better employee morale. The workers’ morale is down. People don’t want to work someplace the employees aren’t happy. That’s why you have so many people leaving.”
Consultants' recommendations on salary increases also haven’t been put into effect, meaning that was money wasted, James said.
“They could have taken $10 million (from federal COVID0-19 relief funds) and put it in the general fund and given the employees raises,” he said. “They’re not doing that.”
Other issues identified by James as priorities included public safety and housing.
“The resources are there,” he said. “It’s just whether you utilize them or not. The county received $350,000 through the Georgia Department of Community Affairs to help people make repairs on their houses. They haven’t done anything with that.” | https://www.albanyherald.com/election2020/commission-chair-candidate-harry-james-puts-economic-development-atop-priorities/article_28b80b8c-cca4-11ec-a40d-4fab913a4b65.html | 2022-05-05T20:06:56Z |
Salman Rushdie attacker ‘surprised’ the author survived
Published: Aug. 17, 2022 at 5:44 PM CDT|Updated: 1 hour ago
MAYVILLE, N.Y. (AP) — The man charged with stabbing Salman Rushdie on a lecture stage in western New York said in an interview that he was surprised to learn the author had survived.
Speaking to the New York Post from jail, Hadi Matar said he decided to see Rushdie at the Chautauqua Institution after he saw a tweet last winter about the writer’s planned appearance.
Matar wouldn’t say whether he was following a 1989 edict issued by the late Iranian leader Ayatollah Ruhollah Khomeini that called for Rushdie’s death after he published his novel “The Satanic Verses.”
Rushdie suffered wounds to his neck, liver, eye and an arm in the attack.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/17/salman-rushdie-attacker-surprised-author-survived/ | 2022-08-18T00:13:53Z |
NEW YORK (AP) — Something was missing when Fox announced its plans for the fall television season: a schedule.
It was one of several signs of how the business has changed since networks resumed their annual glitzy presentations for advertisers, which had been suspended because of the pandemic. Both NBC and Fox, which kicked off the week Monday, emphasized how the flagship networks were now part of larger media companies.
Networks still can boast star power. Susan Sarandon, George Lopez, Raymond Lee, Camila Cabello and Trace Adkins will be featured in new contexts. Kelly Clarkson sang to open NBC’s show, and Miley Cyrus performed to end it.
The traditional presentations usually reveal what new shows are coming, what old shows are departing and when they will air during the week and year. While fixed schedules remain they are obsolete for many viewers, who are becoming accustomed to deciding for themselves when they want to watch or stream programs.
That wasn’t part of Fox’s reasoning for not revealing a schedule. Fox Entertainment CEO Charles Collier said the network was trying a “new approach” to give equal weight to its Tubi streaming service.
Holding back gives Fox the flexibility to adjust its schedule depending on what competitors do. It may also have reflected Fox’s unresolved talks with producers of “911” and “The Resident,” but the network announced later on Monday that the dramas have been renewed for the upcoming season.
NBC executives drove home the point that advertisers could work with the broadcast network, the Peacock streaming service and cable outlets like Bravo, USA, CNBC and NBC. NBC announced that all its shows will be available on Peacock the day after they air, and that many Universal movies will quickly be available to stream, too.
“This is not an extension of our core business or a pivot,” said Jeff Shell, chief executive officer of NBCUniversal. “It is our core business.”
In another illustration of changing times, Bravo used its time at Monday’s presentation to celebrate the upcoming BravoCon fanfest, as opposed to individual programs.
The core of NBC’s programming comes courtesy of veteran producer Dick Wolf. His shows “Chicago Med,” “Chicago Fire” and “Chicago P.D.” occupy the network’s Wednesday night schedule, while “Law & Order,” “Law & Order: SVU” and “Law & Order: Organized Crime” fill Thursday’s prime time.
NBC is opening the door to more diversity with a new offering, “Lopez vs. Lopez,” a sitcom about a working-class family starring Lopez and his real-life daughter, Mayan Lopez.
Lee stars in “Quantum Leap,” which NBC described as a “reimagining” of the network’s 1989 to 1993 sci-fi drama with Scott Bakula. Lee, whose credits include Fox’s “Prodigal Son” and Tom Cruise’s upcoming film sequel “Top Gun: Maverick,” joins the small number of Asian Americans cast as series leads.
It’s not the only offering that will feel familiar. The network is also bringing back John Larroquette to star in a sequel to “Night Court,” Wolf has revived the original “Law & Order” and Peacock is airing a remake of “The Fresh Prince of Bel-Air.”
“I’m pretty confident I’m going to be up here in two years announcing the ‘This is Us’ reboot,” comic Seth Meyers quipped of NBC’s drama, which has its series finale next week.
The pandemic was still top of mind. Meyers said to the audience watching at Radio City Music Hall: “What an historic room to tell people you caught COVID in.”
Pop star Cabello will join “The Voice” singing contest next season. Meanwhile, Blake Shelton, a fellow star on “The Voice,” joined Carson Daly and professional wrestler Nikki Bella to introduce a new USA series, “Barmageddon,” in which contestants will play bar games. There was a distinct lack of audience enthusiasm.
“We have no idea when it will air on USA,” Bella said.
“Or if,” Daly quietly added.
Among the plans Fox did announce Monday, is expanding the empire of celebrity chef Gordon Ramsay. His “MasterChef” keeps rolling along, and Fox announced that Ramsey’s series “Next Level Chef” will get the coveted time slot after the Super Bowl next February, which exposes a program to millions of new viewers. Fox will also debut the competition show “Gordon Ramsay’s Food Stars” next season.
Fox will also go country with “Monarch,” described as a “Texas-sized, multi-generational musical drama about America’s first family of country music.” Sarandon and musician Adkins are headliners.
Actor Jamie Foxx will be behind the camera for the missing persons drama “Alert.” The network will also debut a crime anthology series “Accused” that begins with someone on trial and the audience learns through flashbacks what they’ve been accused of.
When will the new shows air? Stay tuned.
___
Media Writer David Bauder reported from New York, and Television Writer Lynn Elber from Los Angeles. | https://cw33.com/entertainment-news/ap-entertainment/raymond-lee-camila-cabello-join-nbcs-fall-lineup/ | 2022-05-17T14:26:51Z |
Former Virginia police officer testifies against former colleague in January 6 trial
By Holmes Lybrand, CNN
A former officer of the Rocky Mount Police in Virginia who went inside the US Capitol on January 6, 2021, took the stand Wednesday to testify against his former sergeant, Thomas Robertson.
Jacob Fracker told the jury how he, Robertson and Robertson’s neighbor had traveled to Washington together and how he and Robertson had gone into the Capitol and taken a photo together.
Fracker, who pleaded guilty in March to one count of conspiracy for his actions on January 6, agreed to testify against Robertson as part of a plea deal with the government.
“I absolutely hate this,” Fracker said at the beginning of his hours-long testimony, telling the jury later that he had nicknamed Robertson, who used to be a close friend, “Dad” and Robertson would call him “son.”
Robertson faces six charges for his actions around the Capitol attack, including obstructing an official proceeding, entering restricted grounds and impeding law enforcement.
Fracker told the jury that he had driven with Robertson and his neighbor to DC at Robertson’s behest and that Robertson had brought gas masks for each of them.
Fracker said the three men had crossed barriers and had seen police try to stop rioters as they went from the Stop the Steal rally to the Capitol that day. Before making it to the building, Fracker and Robertson were separated as they climbed several flights of stairs outside, he testified.
“I entered through a doorway, kind of looked around a bit,” Fracker said. He said he “took a video in that main foyer area” before looking for Robertson.
When inside, Fracker testified, he was “full of adrenaline” and thought “that if we could make a big enough fuss, the government would listen” and overturn the election results.
After joining back up inside the Capitol, Fracker and Robertson took a photo together as “kind of a check-in photo for one of our buddies,” Fracker said. The two of them joined a crowd, chanting and cheering in the Crypt of the Capitol, and started to leave when officers came and ordered them to exit, Fracker testified.
According to Fracker, on the car ride back home to Rocky Mount, the pair discussed the topic of a next civil war.
After being contacted by the FBI and told to turn themselves in, Fracker drove to Robertson’s home and gave Robertson his phone. “I was terrified about the videos and pictures that were on it,” Fracker testified. Robertson put the phones in an ammunition can, telling Fracker something like “problem solved,” according to Fracker.
He also testified that Robertson had paid him a lump sum of $30,000 but did not specify what the payment was for.
Two DC police officers also testified Wednesday, telling the jury how they had been called in as backup for police protecting the Capitol and had had to make their way through the crowd of rioters, who attacked them with items like cement, rocks, chemical spray and sticks.
One officer, Noah Duckett, testified that he and another officer had been hit by a man holding a stick, who the prosecution says was Robertson, as they tried to pass through.
“We literally have no choice but to stick together,” Duckett said of his unit of 25 to 30 police officers. “They have the numbers, they (had) the upper hand.”
The trial will continue Thursday, with more testimony from Fracker and DC police officers expected.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/06/former-virginia-police-officer-testifies-against-former-colleague-in-january-6-trial/ | 2022-04-07T05:34:39Z |
Biotech and pharmaceutical companies looking to develop preclinical drug candidates can leverage Ainnocence's deep life-sciences knowledge and advanced computational techniques to accelerate the design of small-molecule, antibody, and other complex therapeutic modalities
SAN DIEGO, Calif., June 13, 2022 /PRNewswire/ -- Ainnocence, a global biotech startup on a mission to accelerate drug discovery using a fast, self-evolving AI drug design platform, launched today at the 2022 BIO International Convention (booth 4001).
Founded by a versatile team of biomedical scientists and computer scientists, Ainnocence provides small- and large-molecule design systems that dramatically lower the costs and risks of drug discovery — bringing the industry closer to curing some of mankind's most intractable diseases.
"We want to equip biotechs and pharmas to tackle moonshot cures that have until now been out of reach due to staggering discovery costs and low ROI. Never before have drug discovery teams had a system of such power at their disposal," said Lurong Pan, CEO of Ainnocence. "If a science team provides us with just the sequence information of their biological targets, we can screen billions of molecules and compounds in just hours, and in many cases completely bypass high-throughput wet-lab experimentation."
Today, Ainnocence is debuting two services that automatically generate highly optimized drug-like molecules within just hours to solve some of the most complex drug discovery challenges:
- SentinusAI™ — a de novo antibody and fusion protein engineering engine that performs antibody design and optimization based solely on sequences. Capabilities include protein-protein binding affinity maturation, protein humanization, off-target toxicity prediction, protein stability and post-translational modification prediction.
- CarbonAI™ — a de novo small-molecule and PROTAC design engine for multi-objective pharmacological profile optimization. Capabilities include target binding and selectivity optimization, molecule generation, ADME and PK evaluation, and compound off-target prediction.
Ainnocence offers a range of small-molecule, biologics, and other new modality drug-design services and pipeline collaborations. These services are powered by InnocentAI™, a self-evolving AI cloud platform that runs natively on AWS and supports multiple drug-design AI modules with unlimited scalability. With its inherent self-learning abilities, the accuracy of this computational platform is constantly improving through an automatically updated data-integration and algorithm-optimization engine.
- Meet the Ainnocence team at booth #4001
- Schedule a meeting with us.
- Follow Ainnocence on LinkedIn and Twitter.
Ainnocence is a next-generation biotech company with a fast, self-evolving AI drug design platform. The company's third-generation AI system delivers lightning-fast virtual screening and multi-objective pharmacological profile optimization for small-molecule, antibody, and other complex therapeutic modalities. This platform provides a computational screening capacity of up to 10^10 protein sequences or chemical compounds within hours. The end results are a shortlist of candidates with a very high wet-lab hit rate, and a dramatically reduced discovery time and cost. To learn more, visit ainnocence.com.
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SOURCE Ainnocence Inc. | https://www.wibw.com/prnewswire/2022/06/13/ainnocence-launches-self-evolving-multi-objective-ai-drug-discovery-platform/ | 2022-06-13T11:10:52Z |
Everything you need to know to fight sunburns, premature aging and skin cancer this summer
By Madeline Holcombe, CNN
The bright red spot, tender skin, days of peeling — it’s only part of the sun damage story.
Sunburns are the most immediately annoying evidence of too much time spent unprotected in the sun, but what we often don’t see right away is the accelerated skin aging and risk of skin cancer that can go along with them.
“Unfortunately, skin cancer rates are still rising, and we do everything we can to try to minimize that, and using sunscreen is one component of that,” said Dr. Darrell Rigel, clinical professor of dermatology at Mount Sinai Icahn School of Medicine in New York City.
The Environmental Working Group released its annual guide to sunscreen use Thursday, with lists of its recommended sunscreens, including options for kids, mineral and nonmineral varieties, and moisturizers and lip balms with SPF. The EWG does not make revenue from these lists, according to a spokesperson.
The guide comes in time for the warmer months, as many people begin to spend more time outside, but good sun protection is important even if it’s cool or cloudy, and whether you are sitting by a window, out skiing, or at the beach, dermatologists said.
“Obviously, summertime we are more exposed to more sun, but any given day we should be conscious of the fact that ultraviolet radiation is an established, well-known carcinogen, aside from the fact that it can accelerate the aging of skin,” said Dr. Adam Friedman, professor and chair of the department of dermatology at the George Washington School of Medicine and Health Sciences.
Who needs it
Short answer: everyone.
Longer answer: Darker skin does provide more protection against the sun, but that doesn’t mean it is completely immune to sun damage, the experts said.
According to US data, people of color are at a lower risk for melanoma than White people, but they still face a risk, Rigel said.
And if you look up images of a sunburn, you are likely to see the condition’s bright red marks on pale skin, but that has to do with a lack of representation, Friedman said. Sunburns can appear on all skin types — in many colors — and can result in premature aging for anyone.
The problem is that representation is also limited in sun protection. Even on light skin, sunscreen often goes on thick, heavy and too white. For people of color, it’s still more problematic.
“There’s not one product that is going to be appropriate for everyone,” Friedman said. “Finding one that plays nice on the skin is not always easy.”
Fortunately, some mineral-based sunscreens are coming out with lines that are tinted to try to match skin tones, but Friedman said it’s important to shop around and find one that feels good and matches your complexion, so that you will use it regularly. Some mineral-based sunscreens also go on clear.
“The best sunscreen is the one you will use again and again and again,” he said.
How to apply
One application should use about an ounce — or one shot glassful — of sunscreen, said Carla Burns, EWG’s senior director for cosmetic science.
“We recommend opting for lotions (over) stick products, it is a lot easier to get that adequate even layer of protection,” she added.
There are two types of sunscreens, Rigel said, the kind you use every day and those you use when you plan to spend prolonged time outside.
In everyday wear, Friedman recommended finding products that double up as moisturizers or makeup with SPF to ensure that you make sun protection an easy part of your routine.
If you are heading out for a day in the sun, Burns said it’s important to remember to reapply your sunscreen every two hours — or after playing in the water — to maintain the right level of protection.
In either case, sun protection should go anywhere that skin is exposed to the sun — that could mean your face, hands, ears or the part in your hair. And your lips and the surfaces around your eyes are thin and vulnerable to sun damage, so make sure they have SPF protection, too, Friedman said.
What SPF to look for
“You want at least an SPF 35 — that’s a minimum,” Rigel said.
But is there a maximum? Well, that is where the experts differed in their advice.
The EWG recommended against really high SPF sunscreens, saying that they can mislead people into thinking that they can be out in the sun for a longer period of time without reapplying.
And no, you can’t stay out longer if you have on an SPF 100, Rigel agreed. But he said he often recommends his patients opt for the higher number as a safety net.
What to look for on the label
There is no such thing as a waterproof sunscreen, so Rigel said to look for a water-resistant product instead.
And when it comes to fighting premature aging and skin cancer — not just sunburn — it’s crucial to make sure that your sunscreen has broad spectrum UVA/UVB coverage, Friedman said.
The EWG recommends mineral-based sunscreens. The ingredients to look for to find those products are zinc oxide and titanium dioxide, Burns said.
Are there ingredients to avoid?
Some nonmineral sunscreens use an ingredient called oxybenzone, which has been linked in some studies to harm to marine life.
Some countries and regions have prohibited the sale of products containing oxybenzone in the past few years due to environmental concerns, Burns said.
What reinforcements to add
Sunscreens are helpful tools to protect against sun damage and skin cancer, but they are not the only ones.
When possible, it can also be helpful to wear a hat, cover with clothing, avoid hours when the sun is at its peak (from 10 a.m to 4 p.m.) and stay in the shade, said Emily Spilman, a science analyst for the healthy living team at the EWG.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/04/everything-you-need-to-know-to-fight-sunburns-premature-aging-and-skin-cancer-this-summer/ | 2022-05-05T04:43:52Z |
Kroger Reports First Quarter 2022 Results and Raises Full-Year Guidance
Published: Jun. 16, 2022 at 7:00 AM CDT|Updated: 49 minutes ago
First Quarter Highlights
Identical Sales without fuel increased 4.1%
Operating Profit of $1,505 million; Adjusted FIFO Operating Profit of $1,601 million
EPS of $0.90; Adjusted EPS of $1.45
Company is widening its competitive moats to deliver value for customers
CINCINNATI, June 16, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today reported its first quarter 2022 results and will update investors on how Leading with Fresh and Accelerating with Digital initiatives continue to position Kroger for long-term sustainable growth.
Comments from Chairman and CEO Rodney McMullen
"Kroger achieved strong first quarter results as we successfully executed on our strategy of Leading with Fresh and Accelerating with Digital. We are incredibly proud of our associates who continue to put the customer at the center of everything we do.
Our team is doing an outstanding job managing costs in an inflationary environment, which is allowing us to continue to invest in our associates while providing our customers the freshest food at affordable prices when and where they need it. We are delivering everyday value through personalized experiences, trusted Our Brands products, data-driven promotions, and seamless e-commerce solutions.
Looking ahead, we are well positioned to continue delivering for our customers, investing in our associates, and driving sustainable returns for shareholders."
Total company sales were $44.6 billion in the first quarter, compared to $41.3 billion for the same period last year. Excluding fuel, sales increased 3.8% compared to the same period last year.
Gross margin was 21.6% of sales for the first quarter. The FIFO gross margin rate, excluding fuel, decreased 26 basis points compared to the same period last year. This decrease was primarily attributable to continued strategic price investments and higher supply chain costs offset by sourcing benefits and the cycling of a write-down related to a donation of personal protective equipment inventory from prior year.
The LIFO charge for the quarter was $93 million, compared to a LIFO charge of $37 million for the same period last year driven by higher inflation.
The Operating, General & Administrative rate decreased 46 basis points, excluding fuel and adjustment items, which reflects sales leverage, continued execution of cost savings initiatives, and lower contributions to multi-employer pension plans offset by investments in associates.
The income tax rate for the first quarter was 18.0%, compared to 20.2% for the same period last year. This decrease was primarily attributable to higher tax deductions related to employee stock option exercises.
Capital Allocation Strategy
Kroger continues to generate strong free cash flow and remains committed to investing in the business to drive long-term sustainable net earnings growth, maintaining its current investment grade debt rating, and returning excess free cash flow to shareholders via share repurchases and a growing dividend over time.
Kroger's net total debt to adjusted EBITDA ratio is 1.68, compared to 1.79 a year ago (Table 5). The company's net total debt to adjusted EBITDA ratio target range is 2.30 to 2.50.
During the quarter, Kroger repurchased $665 million shares and as of the end of the first quarter, $301 million remains on the board authorization announced on December 30, 2021.
2022 Guidance
Comments from CFO Gary Millerchip
"Our relentless focus on executing our strategy and sustained food at home trends led to a strong first quarter. The Kroger team is effectively navigating a dynamic retail environment. Our diverse and resilient business model gives us confidence to raise our full-year guidance. We now expect identical sales without fuel to be in the range of 2.5% to 3.5%, adjusted FIFO operating profit of $4.3 billion to $4.4 billion, and adjusted net earnings per diluted share to be in the range of $3.85 to $3.95. We remain confident in our ability to deliver sustainable earnings growth and total shareholder returns of 8-11% over time."
First Quarter 2022 Highlights
Leading with Fresh
Achieved the two highest single-day floral sales in Kroger history, led by Valentine's Day and Mother's Day and solidified the company's place as the nation's largest floral retailer
Accelerated End-to-End Fresh Produce initiative with 355 new stores certified, driving higher fresh sales during the quarter
Launched 239 new, seasonal Our Brands items, including fresh products to elevate summer cooking
Unveiled a study completed with the University of Cincinnati and Kroger Health to understand how Kroger's Food as Medicine platform and dietitians can support customers' goals to incorporate more fresh foods and live healthier lives by leveraging technology, health education, and the OptUP shopping tool
Accelerating with Digital
Opened two new Kroger Delivery facilities, powered by Ocado, in Dallas, Texas and Pleasant Prairie, Wisconsin allowing Kroger to serve fresh and affordable products directly to more households
Expanded the Kroger Delivery network by opening three new spoke facilities, which serve as last-mile cross-dock locations, including Columbus and Louisville in existing geographies, as well as Miami, a new geography
Introduced national e-commerce experience that expands Kroger's Home and Baby offerings by selling several thousand new products on Kroger's Ship Marketplace in collaboration with Bed Bath & Beyond Inc.
Associate Experience
Held nationwide hybrid hiring event with opportunities in retail, e-commerce, manufacturing, supply chain, merchandising, logistics, corporate, pharmacy, and healthcare roles
Launched Microsoft Teams Rooms in supermarket locations to improve collaboration and training capabilities for associates
Celebrated 45 associates who were recognized by Progressive Grocer to represent the Top Women in Grocery across three categories including, Senior-Level Executives, Rising Stars and Store Leaders
Continued Kroger's commitment to associate well-being by providing new training to more than 1,500 leaders to develop the skills needed to identify signs and symptoms of mental health problems, demonstrate support for associates experiencing a crisis, and guidance for self-care
Live Our Purpose
Directed $210 million of $350 million in annual charitable giving to end hunger in our communities and gave a record one-year total of 546 million meals to people across the country while achieving 79% waste diversion from landfills company-wide
Reduced barriers to COVID-19 treatment options nationwide by supporting the "Test to Treat" initiative at The Little Clinic locations for patients exhibiting symptoms of COVID-19
Announced new partnership with USO to bring mobile food programming to serve local military communities
Ranked 25th on the 2022 Axios Harris Poll 100, an annual ranking of the reputations of the most visible U.S. companies
About Kroger At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: to Feed the Human Spirit™. We are, across our family of companies nearly half a million associates who serve over eleven million customers daily through a seamless digital shopping experience and 2,723 retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities by 2025. To learn more about us, visit our newsroom and investor relations site.
Kroger's first quarter 2022 ended on May 21, 2022.
Note: Fuel sales have historically had a low gross margin rate and operating expense rate as compared to corresponding rates on non-fuel sales. As a result, Kroger discusses the changes in these rates excluding the effect of fuel.
Please refer to the supplemental information presented in the tables for reconciliations of the non-GAAP financial measures used in this press release to the most comparable GAAP financial measure and related disclosure.
This press release contains certain statements that constitute "forward-looking statements" about the future performance of the company. These statements are based on management's assumptions and beliefs in light of the information currently available to it. Such statements are indicated by words or phrases such as "achieve," "committed," "confident," "continue," "deliver," "driving," "expect," "future," "guidance," "strategy," "target," "trends," and "well-positioned." Various uncertainties and other factors could cause actual results to differ materially from those contained in the forward-looking statements. These include the specific risk factors identified in "Risk Factors" in our annual report on Form 10-K for our last fiscal year and any subsequent filings, as well as the following:
Kroger's ability to achieve sales, earnings, incremental FIFO operating profit, and adjusted free cash flow goals may be affected by: COVID-19 pandemic related factors, risks and challenges, including among others, the length of time that the pandemic continues, future variants, mutations or related strains of the virus and the effectiveness of vaccines against variants, continued efficacy of vaccines over time and availability of vaccine boosters, the extent of vaccine refusal, and global access to vaccines, as well as the effect of vaccine and/or testing mandates and related regulations, the potential for additional future spikes in infection and illness rates including breakthrough infections among the fully vaccinated, and the corresponding potential for disruptions in workforce availability and customer shopping patterns, re-imposed restrictions as a result of resurgence and the corresponding future easing of restrictions, and interruptions in domestic and global supply chains or capacity constraints; whether and when the global pandemic will become endemic, the pace of recovery when the pandemic subsides or becomes endemic, which may vary materially over time and among the different regions we serve; labor negotiations; potential work stoppages; changes in the unemployment rate; pressures in the labor market; changes in government-funded benefit programs; changes in the types and numbers of businesses that compete with Kroger; pricing and promotional activities of existing and new competitors, including non-traditional competitors, and the aggressiveness of that competition; Kroger's response to these actions; the state of the economy, including interest rates, the current inflationary environment and future potential inflationary and/or deflationary trends and such trends in certain commodities, products and/or operating costs; the geopolitical environment including the war in Ukraine; unstable political situations and social unrest; changes in tariffs; the effect that fuel costs have on consumer spending; volatility of fuel margins; manufacturing commodity costs; diesel fuel costs related to Kroger's logistics operations; trends in consumer spending; the extent to which Kroger's customers exercise caution in their purchasing in response to economic conditions; the uncertainty of economic growth or recession; stock repurchases; changes in the regulatory environment in which Kroger operates; Kroger's ability to retain pharmacy sales from third party payors; consolidation in the healthcare industry, including pharmacy benefit managers; Kroger's ability to negotiate modifications to multi-employer pension plans; natural disasters or adverse weather conditions; the effect of public health crises or other significant catastrophic events; the potential costs and risks associated with potential cyber-attacks or data security breaches; the success of Kroger's future growth plans; the ability to execute our growth strategy and value creation model, including continued cost savings, growth of our alternative profit businesses, and our ability to better serve our customers and to generate customer loyalty and sustainable growth through our strategic moats of fresh, our brands, personalization, and seamless; and the successful integration of merged companies and new partnerships. Our ability to achieve these goals may also be affected by our ability to manage the factors identified above. Our ability to execute our financial strategy may be affected by our ability to generate cash flow.
Kroger's effective tax rate may differ from the expected rate due to changes in tax laws, the status of pending items with various taxing authorities, and the deductibility of certain expenses.
Kroger assumes no obligation to update the information contained herein unless required by applicable law. Please refer to Kroger's reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties.
Note: Kroger's quarterly conference call with investors will broadcast live at 10 a.m. (ET) on June 16, 2022 at ir.kroger.com. An on-demand replay of the webcast will be available at approximately 1 p.m. (ET) on Thursday, June 16, 2022.
1st Quarter 2022 Tables Include:
Consolidated Statements of Operations
Consolidated Balance Sheets
Consolidated Statements of Cash Flows
Supplemental Sales Information
Reconciliation of Net Total Debt and Net Earnings Attributable to The Kroger Co. to Adjusted EBITDA
Net Earnings Per Diluted Share Excluding the Adjustment Items
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/06/16/kroger-reports-first-quarter-2022-results-raises-full-year-guidance/ | 2022-06-16T12:49:23Z |
Man dies after setting himself on fire at Supreme Court plaza
By Jamie Crawford, Jessica Schneider and Veronica Stracqualursi, CNN
A man who set himself on fire Friday on the plaza in front of the US Supreme Court in Washington, DC, has died, according to the Metropolitan Police Department.
The man was identified as Wynn Bruce of Boulder, Colorado, an MPD spokesperson said Saturday.
Bruce had been airlifted to a hospital in Washington, where he passed away, according to the department.
Supreme Court Police, US Capitol Police and the MPD had responded to the incident, which occurred Friday at about 6:30 p.m. Eastern time.
No one else was injured in the incident, a Supreme Court spokesperson said Friday.
The area around the high court was closed Friday for further investigation, according to the court spokesperson. CNN observed Saturday that the scene at the Supreme Court plaza had returned to normal.
The incident followed a flurry of recent chaotic events in the District.
A shooting in northwest Washington wounded at least four people earlier on Friday. On Wednesday, the US Capitol was evacuated following a “probable threat” warning after the Federal Aviation Administration failed to notify Capitol Police about an Army Golden Knights parachute exhibition at Nationals Park.
This story and headline have been updated with additional details.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Shawna Mizelle contributed to this report. | https://localnews8.com/politics/cnn-us-politics/2022/04/23/man-dies-after-setting-self-on-fire-at-supreme-court-plaza/ | 2022-04-23T19:35:07Z |
LOS ANGELES, July 7, 2022 /PRNewswire/ -- Employer defense law firm Hudock Employment Law Group announced today that litigator Eliza Langdon Oliver has been selected as a nominee for the "Women to Watch" award for Los Angeles Business Journal's "Women's Leadership Symposium and Awards" and recognized in a special supplement. The 2022 Women's Leadership Awards honors the accomplished and impactful women business leaders in the Los Angeles community.
The" Women to Watch" award recognizes emerging leaders who "made noteworthy contributions in the past year and are well on their way to making a meaningful imprint on the future of their organization and the local business community," says the feature.
"This recognition is a testament to Eliza's work ethic, as she has consistently proven her ability to provide the firm's clients with the highest degree of strategy and service," said Founding Attorney Robert Hudock.
Oliver is a litigator with over 10 years of experience. Her practice is focused on employment law and her experience includes wage and hour cases; FEHA discrimination, harassment and retaliation cases; and class actions. Oliver's clients are often companies looking at new markets and competitive opportunities, that want to recruit the best talent available, while avoiding distracting workplace issues or lawsuits.
Oliver says she enjoys the close contact she has with clients, and the opportunity to brainstorm strategy. "We don't take a cookie-cutter approach, we really think things through and try to develop the best strategies for our clients."
Earlier this year, Oliver was recognized by the Los Angeles Business Journal as a "Woman of Influence" and last year she was honored by the Los Angeles Times as an "Inspirational Women Award" nominee.
Before joining Hudock Employment Law Group, Oliver practiced in several large international firms. She graduated from Loyola Law School at Loyola Marymount University magna cum laude, Order of the Coif, and served as production editor for the Loyola Los Angeles Law Review. She earned her bachelor's degree from Michigan State University, also magna cum laude, with a double major in Economics and Social Policy/Relations.
Hudock Employment Law Group provides employment litigation and counseling services to growth-minded companies in California, helping them protect their reputations and attract top talent. The firm has achieved successful results for clients in the areas of Wage & Hour, Discrimination, Harassment & Retaliation, Wrongful Termination, Employee Leave, Workplace Management, Employment Agreements. For more information, please visit https://hudockemploymentlaw.com/
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SOURCE Hudock Employment Law Group | https://www.kxii.com/prnewswire/2022/07/07/hudock-employment-law-groups-eliza-langdon-oliver-recognized-top-business-leader-los-angeles/ | 2022-07-07T18:27:26Z |
Company Continues Commercial Preparations in Advance of Phase III Clinical Trial Readouts for REL-1017 in Major Depressive Disorder Expected in 2022
CORAL GABLES, Fla., July 21, 2022 /PRNewswire/ -- Relmada Therapeutics, Inc. (Nasdaq: RLMD), a late-stage biotechnology company addressing diseases of the central nervous system (CNS), today announced the appointment of John Hixon to a newly created position as Head of Commercial. Mr. Hixon has over 36 years of commercial planning and marketing experience within the biopharmaceutical industry.
"My due diligence performed before joining Relmada, strongly suggests that REL-1017 has the potential to be a new paradigm, if approved, for the many patients suffering from major depressive disorder," said Mr. Hixon. "The safety and efficacy data generated to date from REL-1017 have been impressive, and I am thrilled to join this world-class management team at such a critical juncture in the Company's corporate evolution. I intend to utilize my extensive and CNS-specific industry planning, marketing and sales experience to maximize the commercial prospects of REL-1017."
"As our late-stage REL-1017 development program advances, we continue to expand our senior management team," said Sergio Traversa, Chief Executive Officer of Relmada Therapeutics. "With direct marketing experience in the CNS and depression biopharmaceutical space, including significant involvement commercializing treatments for CNS disorders globally, John is ideally suited to lead our strategic commercial initiatives. We look forward to the expertise John will contribute as we further cultivate our REL-1017 commercial plans and infrastructure."
Mr. Hixon's years of broad marketing experience within the biopharmaceutical industry includes a 31-year career with Eli Lilly and Company. During his tenure at Eli Lilly, he was most recently Senior Director for Global New Product Planning – Biomedicines, where Mr. Hixon worked side-by-side with discovery and early phase development scientists and physicians. He was also the commercialization representative for the Lilly Research Laboratories early phase governance committees. Within the same role, Mr. Hixon was actively involved in numerous business development projects by delivering the commercialization position for these efforts. Prior to his Global New Product Planning role, Mr. Hixon held numerous marketing leadership roles with Lilly in the United States, Spain, South Korea, and Australia. He and his teams launched Zyprexa (antipsychotic medication) in Australia, led the late lifecycle global marketing and repositioning effort for Prozac (antidepressant medicine), and launched Cymbalta in the U.S. for both major depressive disorder (MDD) and diabetic peripheral neuropathic pain. After Lilly, he founded Salt Creek Biosciences as a new product planning and commercialization consulting company. Mr. Hixon received a bachelor's degree in economics from DePauw University and an MBA from the University of Miami (Coral Gables, Florida).
About REL-1017
REL-1017, a new chemical entity (NCE) and novel NMDA receptor (NMDAR) channel blocker that preferentially targets hyperactive channels while maintaining physiological glutamatergic neurotransmission, is currently in late-stage development for the treatment of major depressive disorder (MDD). The ongoing Reliance Clinical Research Program is designed to evaluate the potential for REL-1017 as a rapid-acting, oral, once-daily antidepressant treatment. In a Phase 2 trial, REL-1017 demonstrated rapid, robust, and sustained antidepressant effects with statistically significant improvements compared to placebo. The Phase 2 study also showed a favorable pharmacokinetic, safety, and tolerability profile of REL-1017 consistent with results observed in previously completed Phase 1 studies.
About Relmada Therapeutics, Inc.
Relmada Therapeutics is a late-stage biotechnology company addressing diseases of the central nervous system (CNS), with focus on major depressive disorder (MDD). Relmada's experienced and dedicated team is committed to making a difference in the lives of patients and their families. Relmada's lead program, REL-1017, is a new chemical entity (NCE) and novel NMDA receptor (NMDAR) channel blocker that preferentially targets hyperactive channels while maintaining physiological glutamatergic neurotransmission. REL-1017 has entered late-stage development as an adjunctive and monotherapy treatment for MDD in adults. In addition, Relmada is advancing a clinical-stage program in neurodegenerative diseases based on psilocybin and select derivative molecules. Learn more at www.relmada.com.
Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on our behalf. This press release contains statements which constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described under the heading "Risk Factors" set forth in the Company's reports filed with the SEC from time to time. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Relmada undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results and that the risks described herein should not be a complete list.
Investor Contact:
Tim McCarthy
LifeSci Advisors
212-915-2564
tim@lifesciadvisors.com
Media Inquiries:
FischTank PR
relmada@fischtankpr.com
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SOURCE Relmada Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/07/21/relmada-therapeutics-appoints-biopharmaceutical-marketing-commercial-planning-veteran-john-hixon-head-commercial/ | 2022-07-21T12:59:43Z |
LONDON (AP) — Boris Johnson’s term as British leader was a mix of high drama and low disgrace. But he left office Tuesday with a casual shrug of a farewell: “Well, this is it, folks.”
The prime minister’s final speech outside 10 Downing Street, delivered before he offered his resignation to Queen Elizabeth II, was vintage Johnson — a quixotic blend of humor, classical erudition, ego and an elastic relationship with the truth. And it left many observers wondering whether this really is the end for a leader who has long defied political gravity.
“It was a classic Boris speech,” said Hannah White, acting director of the Institute for Government think-tank. “It was very much focused on him and his achievements. But I think that it is quite clear that he’s licking his wounds. He understands that if he steps away at this moment, he is going to continue to be an influential figure. And I think he will be biding his time.”
For Johnson fans, the speech was a moment to regret the departure of Britain’s most entertaining modern prime minister — and perhaps to nurture a flame for his return. For critics, it was a reminder of why his administration collapsed in scandal before it could fulfil Johnson’s lofty policy aims.
Not that you would have known that from Johnson’s words. He claimed big successes for his government, including leading Britain out of the European Union, overseeing Europe’s fastest COVID-19 vaccine rollout and sending weapons to Ukraine to help it resist Russia’s invasion.
Some of those achievements are debatable at best. Johnson says he “got Brexit done,” but the consequences of Britain’s messy, testy divorce from the European Union will roil both sides for decades. Britain did have a rapid vaccine rollout, but also one of Europe’s highest COVID-19 death tolls.
As in his debut speech as prime minister three years ago, Johnson painted a vision of the high tech, high-energy Britain of his dreams, a powerhouse in wind power and in scientific research and development. As with so much in his career, it was part reality, part aspiration.
Some of the successes he claimed are still in preliminary stages, such as three new high speed rail lines and “a new nuclear reactor every year.” Others, like reforming social care, remain thorny problems for his successor, Prime Minister Liz Truss.
And there was a bitter note amid the boosterism. Johnson spent his political career shrugging off outrage over his ethical lapses and offensive remarks, but was finally brought down when a scandal too far — over giving a government job to a lawmaker accused of sexual misconduct — triggered mass resignations in his government.
Johnson has made it clear he does not want to leave. He said, without explanation, that he was removed because his party “changed the rules half-way through.”
Nonetheless he turned to one of his beloved classical allusions to insist that he plans to retire gracefully.
“Like Cincinnatus, I am returning to my plow,” Johnson said, a reference to the Roman dictator who relinquished power and returned to his farm to live in peace.
Yet the allusion was ambiguous. Classicist Mary Beard pointed out that the ancient story has a “sting in the tale.” Years later, Cincinnatus returned to power “to suppress a popular uprising by the underprivileged.
“So it’s a risky analogy,” she told the BBC.
Johnson insisted this really is the end of his leadership ambitions.
“I am like one of those booster rockets that has fulfilled its function, and I will now be gently re-entering the atmosphere and splashing down invisibly in some remote and obscure corner of the Pacific,” he said.
Former Conservative leader William Hague saw that as a melancholy image for a leader whose faults eclipsed his attributes.
“He was a rocket booster on which the guidance system failed,” Hague told Times Radio. “He was this great soaring thing in politics, an extraordinary thing, which unnecessarily went wrong. And that is a tragedy for the country and the Conservative Party and for him.” | https://cw33.com/news/international/ap-international/ap-this-is-it-folks-boris-johnson-bids-an-ambiguous-goodbye/ | 2022-09-07T01:28:53Z |
In midst of parade shooting, strangers save a young boy
CHICAGO (AP) — A woman — stunned and speechless in the chaos of a July 4 parade massacre — walked up to Greg Ring and handed him a 2-year-old boy, covered in blood.
Ring had fled the scene in the Chicago suburb of Highland Park with his wife and three children to an area behind a popular pancake house.
“We kind of met eyes and didn’t say anything.... I put my arms out, and she gave him to me,” Ring said Thursday, when describing the exchange with the unidentified woman, who then laid down in front of their car in shock.
The boy pointed in the direction of the parade route, saying “Mommy, Daddy, Mommy, Daddy.”
Ring’s wish to help the boy carried him back to the scene. He tucked the boy’s face in his chest, so he couldn’t see the carnage. But Ring quickly realized it was too dangerous.
“Active shooter! Get back down!” a police officer shouted. Ring fled again.
He and his family got to their car and took the boy to a Highland Park fire station. “I have a boy. He’s not ours,” he told the department staff, who asked him to keep the boy as authorities searched for the shooter and helped the wounded.
“They were getting ready for war,” Ring said.
WARNING: Video contains graphic content.
The family drove to Ring’s in-laws, where they hunkered down. There, the boy sat with Ring’s 4-year-old, watching a Mickey Mouse show.
“He asked my wife to wipe him off because he had blood on him that wasn’t his,” said Ring, an insurance broker from Highland Park.
They were later able to identify the boy and reunite him with his grandparents.
Aiden McCarthy’s parents, Kevin and Irina, both died in the shooting, which left five others dead and more than two dozen wounded.
Friends of the McCarthys said Irina’s parents would care for the boy going forward.
“Aiden ... will have a long road ahead to heal, find stability, and ultimately navigate life as an orphan. He is surrounded by a community of friends and extended family that will embrace him with love, and any means available to ensure he has everything he needs as he grows,” Irina Colon, a family friend, wrote on a GoFundMe account she created for the family and Aiden. The account has raised more than $2 million.
On Thursday, Ring was still trying to process what happened at the July 4 parade. He said he’s not a hero and just did what anyone would have done in the situation.
“I’m just filled with immense gratitude. I’m really sad. I don’t know, I don’t know how I feel. I have not slept for a minute the last two nights,” he said.
“What could’ve happened — it is nothing short of a miracle that the five of us — me, my wife and my three kids — one of us or all of us isn’t dead. I do not understand. Everybody around us was hit or got shot.”
The five others who were killed were identified Tuesday as Katherine Goldstein, 64; Jacquelyn Sundheim, 63; Stephen Straus, 88; Nicolas Toledo-Zaragoza, 78; and Eduardo Uvaldo, 69.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/06/midst-parade-shooting-strangers-save-young-boy/ | 2022-07-06T19:32:45Z |
YONGIN, South Korea and AUSTIN, Texas, Aug. 30 2022 /PRNewswire/ -- GC Biopharma (006280.KS) and Speragen today announced that a joint Externally Led - Patient-Focused Drug Development (EL-PFDD) meeting hosted by SSADH Association and attended by the U.S. FDA and other stakeholders was held to address the patient experience with SSADHD (Succinic Semialdehyde Dehydrogenase Deficiency), a disorder caused by mutations in the ALDH5A1 gene which is inherited in an autosomal recessive manner.
The purpose of this meeting is for patients affected by SSADHD, and their families, to provide clear perspectives to researchers, academics, industry partners, and the FDA on living with their condition and what defines a meaningful treatment. In the meeting, a total of 113 participations including patients, families, KOLs, members of FDA, GC Biopharma and Speragen, were gathered from all over the world.
The participants were communicating to the FDA about the impacts of SSADHD on individuals' daily lives, what types of treatment benefits impact patients' lives, and perspectives on how well available therapies are working.
Based on the discussion, the SSADH Association will submit the Voice of the Patient report to the FDA by the end of this year. GC Biopharma and Speragen also plan to develop a clinical outcome assessment for developing ERT (Enzyme Replacement Therapy) for SSADHD to meet the patient's unmet needs.
"The meeting was a major step towards our ultimate goal of providing new treatment options to the patients and their families," said EC Huh, Ph. D., President of GC Biopharma. "We will continue our work to provide rare disease treatments and expand our R&D pipelines."
"We are so very proud of the patients and families for sharing their experiences and impacts from living with SSADHD. It took great vulnerability and courage to be so open about their struggles" said Alice McConnell, CEO of Speragen.
About SSADHD
Succinic semialdehyde dehydrogenase deficiency (SSADHD) is a disorder that can cause a variety of neurological and neuromuscular problems. The signs and symptoms can be extremely variable among affected individuals and may include mild to severe intellectual disability; developmental delay (especially involving speech); hypotonia; sleep disturbances; difficulty coordinating movements (ataxia); and/or seizures. Some affected individuals may also have decreased reflexes (hyporeflexia); nystagmus; hyperactivity; and/or behavioral problems. SSADH deficiency is caused by mutations in the ALDH5A1 gene and is inherited in an autosomal recessive manner. Management is generally symptomatic and typically focuses on treating seizures and neurobehavioral issues. Like so many rare diseases, there is no treatment for SSADHD worldwide.
About GC Biopharma
GC Biopharma (formerly known as Green Cross Corporation) is a biopharmaceutical company that delivers life-saving and life-sustaining protein therapeutics and vaccines. Headquartered in Yongin, South Korea, GC Biopharma is one of the leading plasma protein and vaccine product manufacturers globally and has been dedicated to quality healthcare solutions for more than half a century.
About Speragen
Speragen was co-founded by a mother of two children who are affected with SSADHD. Speragen knows first-hand the challenges of navigating a life with a rare disease: from the daily challenges, the diagnostic odyssey, accepting the new reality post-diagnosis, finding a team of knowledgeable clinicians who can provide care, and finally to seeing the chasm between the current state of treatment and the possibility of a first-in-class drug becoming available. Speragen, comes from the Latin word "spera" meaning "hope". It was formed to help solve these issues more rapidly by bridging the gulf from hope to the realization of a therapy.
This press release may contain forward-looking statements, which express the current beliefs and expectations of GC Biopharma's management. Such statements do not represent any guarantee by GC Biopharma or its management of future performance and involve known and unknown risks, uncertainties and other factors. GC Biopharma undertakes no obligation to update or revise any forward-looking statement contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule.
GC Biopharma Contacts
:Investor/Media
Seunghyun Baek
seunghyun.baek@gccorp.com
Yelin Jun
yelin@gccorp.com
Sohee Kim
shkim20@gccorp.com
Hansaem Kim
hs.kim@gccorp.com
Speragen Contacts
:Investor/Media
Alice McConnell
alice@speragen.com
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SOURCE GC Biopharma | https://www.wibw.com/prnewswire/2022/08/31/gc-biopharma-speragen-sponsored-an-externally-led-patient-focused-drug-development-with-fda-attendance/ | 2022-08-31T01:03:25Z |
SEOUL, South Korea, Aug. 19, 2022 /PRNewswire/ -- AIRS Medical, a healthcare startup based in South Korea and a member of the Born2Global Centre, recently announced that it has raised approximately $20M in Series B funding. The round of Series B funding welcomed new investors Q Capital Partners and Hanwha Life and additional funds from Klim Ventures, which had contributed to the startup's Series A funding.
Co-founded by graduates of Seoul National University in October 2018, AIRS Medical is a startup that uses digitalized, AI-based diagnostic tests and robotics technologies to provide a better clinical experience for both patients and healthcare providers.
AIRS Medical has been recognized for its deep learning MR image reconstruction technology, winning both the 2019 and 2020 fastMRI Challenge co-hosted by Facebook AI Research (FAIR) and NYU Langone Health. Following these wins, the startup successfully developed and commercialized its technology, called SwiftMR™, and has been using it to benefit the broader healthcare community.
SwiftMR™ is an AI-powered MRI reconstruction software that enhances MR images acquired under various conditions, contributing to a higher level of data accuracy and a better patient experience. In 2021, the software was approved by both the Korea Ministry of Food and Drug Safety (MFDS) and the US FDA. Since its official commercial launch in Korea in the fourth quarter of 2021, SwiftMR™ has been used for an average of 30,000 monthly MRI exams and a grand total of more than 130,000 MRI exams. Following the successful implementation of the software's business model in the domestic market and with the support of Born2Global and the KOSME-MATTER US Market Adoption Program, AIRS Medical is now introducing its software in other parts of the world including the United States, Europe, Southeast Asia, and South America.
In March 2022, AIRS Medical acquired artiQ, an AI- and robotics-based startup that shared AIRS Medical's vision of a world without any sickness. Through the acquisition, AIRS Medical successfully added in-vitro diagnostics to its technology portfolio, which also includes venipuncture automation. Moving forward, AIRS Medical aims to use its exceptional technology and clinical expertise to introduce consecutive diagnostic test solutions that innovate the cost structure of the medical industry.
"We believe we can transform the healthcare ecosystem by solving the current dependency on analog machines by replacing them with data-driven medicine," said Hye-seong Lee, CEO of AIRS Medical. He continued, "Through the Series B funding we've secured, we will be taking our innovative diagnostic solutions to the global market."
About AIRS Medical
AIRS Medical Inc., founded in Oct 2018, is a medical AI startup based in Seoul, Korea, that develops innovative products and services to improve patient experience and to achieve greater institutional efficiency in areas in which a lack of productivity limits clinical value.
For more information, visit airsmed.com
About Born2Global Centre
The Born2Global Centre, operated by Born2Global, is a full-cycle service platform that supports the global expansion of promising companies. Established in 2013 under the Ministry of Science and ICT, Born2Global has been setting the standards for a successful startup ecosystem in Korea and continues to expand and transform startups so that they are engaged, well equipped, and connected with the global market.
For more information, please visit born2global.com
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SOURCE Born2Global Centre | https://www.mysuncoast.com/prnewswire/2022/08/19/airs-medical-raises-20m-series-b-funding/ | 2022-08-19T14:34:00Z |
JACKSONVILLE, Fla., Sept. 7, 2022 /PRNewswire/ -- Retail for the People, a retail consulting firm, has announced today its partnership with Endear, the leading retail CRM software company, to provide an in-store and online clienteling solution to retailers globally.
Endear's all-in-one clienteling tool integrates seamlessly with a retailer's POS or E-Commerce platform to deliver a retail CRM that is fully equipped with the data brands need to drive more sales.
Clienteling is the age-old retail retention strategy that enables retailers to create personalized experiences through the utilization of customer information. What was once a cumbersome process for sales associates has now been transformed thanks to Endear's intuitive digital dashboard focused entirely on building relationships with customers and increasing lifetime value through personalization, data, and loyalty building.
Krista Boyer Starratt, Founder at Retail for the People, said: "Clienteling is an important part of retail and something we believe to be a top priority. Through this partnership, we are thrilled to offer a solution that makes it easier for retailers."
Leigh Sevin, Co-Founder at Endear, said: "Such a fan of Retail for the People and the support they give brands ready to take on physical retail."
Together, Retail for the People and Endear will empower retailers with fully omnichannel clienteling solutions that include customer relationship management, personalized messaging, Shoppable Stories, and sales tracking. Users will be able to leverage customer data that spans the physical and digital retail presence, including customer order history and purchase behavior.
About Endear
Endear is changing the way omnichannel brands around the globe are clienteling with customers. With a fully integrated solution like Endear, brands can access numerous key customer data points to see a holistic view of their customers and connect accordingly. Endear is on a mission to create true cohesion between online shopping and brick-and-mortar making a more positive shopping experience for everyone.
To learn more, visit www.endearhq.com.
About Retail for the People
Retail for the People® is a leading full-service retail consultancy for fashion and lifestyle brands. Working with innovative partners to utilize cutting-edge technology to humanize the retail experience and meet their evolving needs. Retailers from over ten countries trust Retail for the People to help them navigate their business from Pop-Up Shop Openings to Point-of-Sale/E-Commerce optimization, Visual Merchandising, CRM, and Business Advisory.
To learn more, visit www.retailforthepeople.com.
Contact: hello@retailforthepeople.com
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SOURCE Retail for the People | https://www.mysuncoast.com/prnewswire/2022/09/07/retail-people-partners-with-endear-provide-an-all-in-one-clienteling-solution-retailers/ | 2022-09-07T11:55:58Z |
DALLAS (KDAF) — Dallas Canadian diner Maple Leaf Diner is feeling extra generous this month.
The diner will be celebrating Canada Day throughout the month of July, bringing some of the best foods Canada has to offer right here in North Texas.
As a part of the celebration, Maple Leaf Diner officials say that you can have a chance to win $1,000. From now until July 31, do the following steps and you could win:
- Share an in-feed Instagram post of your favorite Maple Leaf Diner Canadian dish during the month of July
- Tag @mapleleafdiner and use the hashtag #MLDSummerWeekendNights to be entered into the giveaway
The winner will be announced on Aug. 1. For more information, and to book you next meal with Maple Leaf Diner, click here. | https://cw33.com/news/local/you-could-win-1000-from-dallas-canadian-diner-maple-leaf-dinerthis-month-heres-how/ | 2022-07-14T18:15:41Z |
(The Hill) — The World Health Organization (WHO) announced Saturday that it renamed variants of the virus monkeypox as it looks to counter concerns about the original naming conventions.
“Newly identified viruses, related diseases & virus variants are given names to avoid causing offense to any cultural, social, national, regional, professional, or ethnic groups, & minimize the negative impact on trade, travel, tourism, or animal welfare,” the WHO said in its announcement.
The Congo Basin and West African variants were reclassified as Clade I and Clade II, the latter of which has two subclades. The new names go into effect immediately.
A global expert group decided on the new naming convention “as part of ongoing efforts to align the names of the monkeypox disease, virus, and variants—or clades—with current best practices.”
The WHO is also workshopping new names for the monkeypox virus as a whole, including the disease it causes, after outcry over potential stigmatization. The WHO cautioned early in the COVID-19 pandemic against referring to the virus as the “China virus” or the “Wuhan virus” due to potential discrimination.
The name change for monkeypox could also correct assumptions about the origin of the virus, which the Centers for Disease Control and Prevention (CDC) reported is unknown, despite monkeypox being discovered in 1958 in a group of monkeys kept for research.
In its best practices for infectious disease names, the WHO cautioned against using geographic locations, people’s names, animal species and other specific references.
The WHO said it’s holding “an open convention” to rename monkeypox.
“Anyone wishing to propose new names can do so,” the organization said on Twitter.
The CDC reported 11,177 monkeypox cases in the U.S. as of Aug. 12 as well as 31,799 global cases.
Cases have been cropping up predominantly among men who have sex with other men, but WHO officials have cautioned that the outbreak should not be expected to stay contained in that community. A number of U.S. monkeypox cases have been reported among children and women.
The WHO declared monkeypox a public health emergency in July, and the White House followed suit earlier this month. | https://cw33.com/hill-politics/who-renames-two-monkeypox-variants-to-avoid-geographic-references/ | 2022-08-15T16:19:24Z |
BOSTON, Aug. 12, 2022 /PRNewswire/ -- Zeta Surgical, a surgical robotics and mixed reality company, has appointed Dr. James Choi from Imperial College London as Focused Ultrasound Lead. Dr. Choi will head the development of an ultrasound device to be used alongside Zeta Surgical's neurosurgical navigation technology to facilitate drug delivery to the brain.
Dr. Choi is an Associate Professor and the Founding Director of the Noninvasive Surgery and Biopsy Laboratory at Imperial College London. A recognized leader in the field, he is the recipient of the prestigious Frederic Lizzi Award and the Frederick V. Hunt Fellowship in Acoustics. His research focuses on the development of ultrasound technologies that noninvasively and locally alter blood-brain barrier permeability. Dr. Choi completed his doctorate at Columbia University and his post-doctoral fellowship at the University of Oxford.
"I am excited to join the Zeta Surgical team, whose vision is so aligned with my work. For decades, neurological diseases have had the least progress in treatments – there are many powerful drugs available, but they cannot cross the blood-brain barrier. An ultrasound device paired with Zeta Surgical's navigation technology will make drug delivery to the brain seamless, treating the many patients suffering from Alzheimer's disease and brain cancers," says Dr. Choi.
"We believe that our navigation and robotics platform has the potential to make focused ultrasound and other non-invasive therapies safer, more effective, and more accessible, and we are thrilled to be partnering with Dr. Choi in this mission," says Jose Amich, Co-Founder and CEO of Zeta Surgical.
"We are excited by the potential for a focused ultrasound solution, guided by Zeta's precision navigation, to greatly improve CNS drug delivery and increase the efficacy of drugs for conditions such as brain cancer and Alzheimer's disease," says Matt Fates, Partner at Innospark Ventures and Zeta Surgical board member.
Zeta Surgical is a digital surgery company focused on improving the accuracy, safety, and accessibility of image guided procedures. Its navigation and robotics platform, Zeta, leverages cutting-edge computer vision and artificial intelligence to enable image guidance directly at the point-of-care, creating new possibilities in fields such as emergency care and interventional medicine. Zeta Surgical was founded by Harvard graduates and faculty and is backed by leading investors. To learn more, visit: www.zetasurgical.com.
Contact:
Jose Amich
jose.amich@zetasurgical.com
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SOURCE Zeta Surgical | https://www.kxii.com/prnewswire/2022/08/12/zeta-surgical-appoints-professor-james-choi-focused-ultrasound-lead-push-incision-less-brain-surgery/ | 2022-08-12T12:37:18Z |
AKRON, Ohio, May 24, 2022 /PRNewswire/ -- Klutch Cannabis, one of Ohio's leading Medical Marijuana Cultivators and Processors, announced today that its sister company, The Citizen by Klutch, won two dispensary licenses in the Ohio Board of Pharmacy's second request for applications, which concluded in a Special Board meeting on Monday, May 16th, 2022.
The Ohio Board of Pharmacy , which is charged with licensing and regulating medical marijuana dispensaries in the state, received almost 1500 applications for a total of 73 available dispensary licenses. The Citizen by Klutch turned in 73 individual applications in its pursuit of these licenses - more than any other applicant in the state.
The Citizen by Klutch dispensaries will be located at:
401 Cherry Avenue NE in Canton, Ohio.
5152 Grove Avenue in Lorain, Ohio.
The stores will feature a wide variety of Klutch-branded products, as well as Kiva Confections' line of award-winning edibles, which Klutch manufactures under an exclusive license in Ohio. Dispensary menus will also feature a full line of premium products manufactured by other state-licensed Cultivators and Processors. The company also announced the hiring of two pharmacists, Rony Sinharoy and Lauren Delande, who will each serve as Director of Retail Operations for The Citizen. The pair have extensive experience standing up and operating Dispensaries in Ohio and in other states.
"As a 100% Ohio-owned and operated cannabis company, we see these retail licenses as a critical component of our business model," said Klutch Cannabis Founder and CEO Adam Thomarios. "Building on the significant momentum we have in the market, the addition of retail will finally give us the opportunity to speak directly with patients and to have control over how our products are marketed and sold. We have assembled an amazing team, and our sole focus now is on channeling the same level of quality our products are known for into a unique and patient-focused retail experience. Our team worked tirelessly to get us here, and I am extremely proud of their hard work and dedication. We have a lot to look forward to."
Both stores are tentatively slated to open before the end of the year. All new licensees have until February of 2023 to receive a certificate of operation. For more information, please visit www.medicalmarijuana.ohio.gov/dispensaries.
About Klutch Cannabis
Klutch Cannabis is a leading Cultivator and Processor that is setting the standard for connoisseur-grade cannabis products in the Midwest. Founded in April of 2020 in Akron, Ohio, Klutch prides itself on its patient-focused commitment to quality, hard work, and honor. The company cultivates and processes a host of rare, coveted, and award-winning phenotypes under its Klutch Cannabis and Klutch Select brands, and markets cannabis-infused wellness products under its Klutch Mind and Body brand. Klutch also holds Ohio-exclusive partnerships with California-born Kiva Confections, bringing Kiva's industry-leading, premier line of award-winning and artisan-inspired edibles to Ohio, along with the lauded cannabis brand Josh D, founded by one of the originators of Los Angeles' OG Kush movement and first-place finisher at multiple Emerald Cups. For more information, please visit www.KlutchCannabis.com.
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SOURCE Klutch Cannabis | https://www.mysuncoast.com/prnewswire/2022/05/24/klutch-cannabis-announces-award-ohio-provisional-dispensary-licenses/ | 2022-05-24T15:52:00Z |
Parent arrested for assaulting school principal
By Mary Alice Royse and Joe Wenzel
Click here for updates on this story
CLARKSVILLE, Tennessee (WSMV) — The Montgomery County Sheriff’s Office charged an elementary school parent after assaulting her child’s principal on Thursday afternoon.
The sheriff’s office said Tandrea Laquise Sanders of Clarksville faces charges after physically assaulting Glenellen Elementary School Principal Emily Clark. The school surveillance cameras captured footage of Sanders after the alleged physical assault around 1:15 p.m.
The assault occurred in the school building during a meeting between Clark and Sanders. The sheriff’s office said Sanders fled the school before the arrival of school resource officers at 825 Needmore Road.
Sanders is currently being booked into jail.
“We as parents and community members have absolutely had enough. Our SRO’s are working tirelessly to maintain safety on our school campuses for students and school staff. Dealing with the behavioral issues of an adolescent student is challenging enough, now we have a parent who feels that they can come to a school campus and act in this manner. This is not the first time that this has occurred. Well, I can tell you that circumstances like this will not be tolerated. I spoke with District Attorney Nash this morning about this incident and will ensure that Sanders is prosecuted to the fullest extent possible. A message needs to and will be sent. The example starts here with Sanders and this incident.”
Sheriff John Fuson Sheriff John Fuson said he is pushing for seven new school resource officers in the new county budget because of an increase in assaultive activity in some of our high and middle schools.
“This creates a shift in personnel that requires some of our elementary schools to once again; nowSROs share an SRO. This is the case with Glenellen. Seven additional SROs have been requested for next school year to ensure a 1:1 SRO/School ratio in our elementary schools and a 2:1 ratio for some of our middle and high schools,” the Montgomery County Sheriff’s Office said.
School District officials told News4 that Clark is recovering and that school officials take this situation seriously.
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/news/2022/04/23/parent-arrested-for-assaulting-school-principal/ | 2022-04-23T16:34:52Z |
Crystal Winkeler returns to BioGenerator after driving Canopy Biosciences to successful acquisition by Bruker
ST. LOUIS, June 15, 2022 /PRNewswire/ -- BioGenerator Ventures announced today that Crystal Winkeler, Ph.D., is joining the team as Managing Director. Prior to founding Canopy Biosciences, Winkeler was a Senior Investment Analyst for BioGenerator Ventures.
BioGenerator Ventures is the only investor that invests exclusively in St. Louis companies. Its portfolio of more than 50 active St. Louis startup companies is comprised of many of the region's most promising and fastest-growing companies, Benson Hill, MediBeacon, Arch Oncology, Geneoscopy, CoverCress, SentiAR, Plastomics, and Wugen.
"As BioGenerator helps build the next generation of great St. Louis companies, we need highly talented individuals to lead this challenging process," said Charlie Bolten, Senior Managing Director of BioGenerator Ventures. "Crystal is a proven investor and company builder, and it is an honor to welcome her back to the BioGenerator team."
Crystal was previously Chief Operating Officer and Vice President of R&D of Canopy Biosciences, a Bruker Company (Nasdaq: BRKR). Crystal co-founded Canopy Biosciences in the BioGenerator Labs and was instrumental in the growth of the company, including PE-backed acquisitions of both Zellkraftwerk and Core Diagnostics. She led efforts in fundraising, technology sourcing and licensing, commercialization, operations, and business development. At the time that she joined BioGenerator, Crystal led a large international team across sites in St. Louis, Leipzig and Hannover in Germany, and the Bay Area.
"As Canopy's Board Chairman, I witnessed Crystal's leadership of the Canopy team through critical product launches and business development milestones," said Frank Witney, Operating Partner at Ampersand Capital Partners. "I look forward to an opportunity to work with her again in this new role."
"Of all of the people I have met as a venture capitalist, Crystal is one of the most talented," said Bill Schmidt, Managing Director of Cultivation Capital Life Sciences Fund. "I look forward to working on exciting new companies with Crystal and the BioGenerator team."
In her role at BioGenerator Ventures, Winkeler will lead investment teams focused on human disease with an emphasis on biopharma.
"I am thrilled to return to the BioGenerator team," said Crystal Winkeler, Ph.D., Managing Director of BioGenerator Ventures. "I look forward to building great companies that will bring solutions to care providers, alleviate disease, and provide excellent returns to investors."
Winkeler holds a Ph.D. in Molecular Cell Biology from Washington University in St. Louis, where her research focused on molecular pathways that govern cell growth and proliferation in cancer. Since her graduate studies at Washington University, she has been an active member of the St. Louis entrepreneurial ecosystem, including work with The BALSA Group, Saint Louis University's MEDLaunch program, Washington University's LEAP program, and various other efforts that promote the region's pipeline of life science deal flow and talent.
BioGenerator, the startup arm of BioSTL, creates and grows innovative St. Louis companies through its two complementary approaches — investing through BioGenerator Ventures and comprehensive startup support through BioGenerator Labs. Visit www.BioGenerator.org for additional information, and follow us on LinkedIn linkedin.com/company/BioGenerator and Twitter @BioGeneratorSTL.
Since 2001, St. Louis nonprofit BioSTL has laid the foundation for the region's innovation economy with a comprehensive set of transformational programs that advance St. Louis' leadership in solving important world challenges in agriculture, medicine, healthcare, and other technology areas. BioSTL has introduced nationally-acclaimed initiatives in startup creation and investment (BioGenerator), strategic business attraction (GlobalSTL), physical environment (including the Cortex Innovation District and BioGenerator Labs), entrepreneur support, seed and venture capital, a diverse and inclusive workforce, and public policy. Find us online at biostl.org and follow us on twitter @BioSTL.
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SOURCE BioSTL | https://www.mysuncoast.com/prnewswire/2022/06/15/biogenerator-ventures-expands-team-with-new-managing-director/ | 2022-06-15T09:13:15Z |
Bloomberg Tax & Accounting Shares Findings from Its 22nd Annual Survey of State Tax Departments
ARLINGTON, Va., July 18, 2022 /PRNewswire/ -- While almost all states offer a Voluntary Disclosure Agreement (VDA) program, issues that qualify for inclusion in these programs vary widely, according to Bloomberg Tax & Accounting's 22nd annual Survey of State Tax Departments. State tax professionals interested in learning more about this year's survey results and key trends can attend a complimentary Bloomberg Tax & Accounting webinar on Thursday, July 21 at 11:00 a.m. ET. To register for the event, or to download an executive summary of the survey results, visit http://onb-tax.com/BOFY50JRBZj.
This is the first time Bloomberg Tax & Accounting has asked about VDA programs. The survey finds only six states noted issues missed on a corporate income tax audit qualify for inclusion in these programs. Twenty-three states also indicated that receipt of a nexus survey will disqualify a state from participating in their state's VDA program.
The 2022 Survey of State Tax Departments includes a wide range of corporate income and sales tax issues from senior state tax department officials from 41 states and Washington, D.C., clarifying how their jurisdictions approach gray areas of corporate income tax and sales and use tax laws, in addition to the laws regarding the taxation of pass-through entities. The survey also examines response to federal tax changes and state tax apportionment and sourcing.
"Every year we seek guidance from the states to help the tax practitioners navigate constant change in laws and regulations and discern their best options in gray areas," said Heather Rothman, vice president of analysis & content, Bloomberg Tax & Accounting. "This year, we were excited to dig into voluntary disclosure agreements and taxes impacting pass-through entities."
"I'm impressed by the quality and quantity of information complied into the Survey of State Tax Departments," said Sylvia Dion, Founder & Managing Tax Partner at PrietoDion Consulting Partners, LLC. "When performing tax research, I can't tell you the number of times I say to myself 'What does the Bloomberg Tax Survey show?' and reach for the survey."
Other key takeaways from the survey include:
- Twenty-two states, up from 15 last year, said they impose an entity-level tax on pass-through entities. However, these states were split on whether the entity must pay their entity-level tax: seven states say their pass-through entity tax is mandatory and 15 states say their tax is optional.
- In their responses, states gave critical information on how their economic nexus thresholds are calculated. While most states use sales made in a calendar year to determine whether a seller has established economic nexus, 4 states say they use sales made in the previous four calendar quarters. Additionally, almost every state responded that they include sales of tax-exempt items in calculating their economic nexus thresholds, but only about half the states include sales for resale in their calculations.
- As companies adjust to a more remote workforce, nexus created by teleworking employees continues to create complexity for companies trying to determine where they have tax filing and payment obligations. Thirty-three states indicated that one to six employees who perform non-solicitation activities would create nexus for an out-of-state corporation if the employee is telecommuting from within their state.
- The states have continued to refine their responses to the CARES Act. All but three states responded that they conform to section 1106(i) of the CARES Act which provides that PPP loan forgiveness will not be included as taxable income. Conversely, only seven states said that they conform to I.R.C. § 172 as amended by the CARES Act, which modifies the net operating loss deduction.
About Bloomberg Tax & Accounting
Bloomberg Tax & Accounting provides practitioner-driven research and technology solutions that deliver timely, strategic insights to enable smarter decisions. From our unparalleled Tax Management Portfolios to technology designed to streamline the most complex planning and compliance scenarios, we deliver essential news and analysis, practical perspectives, and software that help tax and accounting professionals around the globe mitigate risk and maximize business results. For more information, visit Bloomberg Tax.
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SOURCE Bloomberg Tax & Accounting | https://www.wibw.com/prnewswire/2022/07/18/qualifications-voluntary-disclosure-agreement-programs-vary-widely-by-state/ | 2022-07-18T16:21:38Z |
If Russia wants to evade sanctions, it could learn from Iran’s playbook
By Nadeen Ebrahim, CNN
As Russia faces unprecedented sanctions on virtually all sectors of its economy, it may have to turn to a trusted ally with more than four decades of experience with Western embargoes.
Until the Ukraine war, Iran was the most sanctioned country in the world, according to Castellum.Ai, which tracks sanctions. Russia now holds that record and the two countries are in what analysts call “a marriage of convenience” that is likely to grow stronger as the war in Ukraine escalates.
“Common interests in helping the other evade sanctions are important to these dynamics in Russia-Iran relations,” said Giorgio Cafiero, CEO of Gulf State Analytics in Washington DC.
Amid tit-for-tat air blockades between Moscow and the West last month, Russian transport minister Vitaly Savelyev said his country is “studying the case of Iran” to help it deal with sanctions on maintenance and spare parts. Iran still operates some planes purchased before the 1979 Islamic Revolution that ruptured its ties with the West.
“This bilateral relationship will likely grow stronger as the war in Ukraine rages on, especially if the Vienna talks fail to revive the JCPOA,” Cafiero added, referring to the 2015 deal that put verifiable limits on Iran’s nuclear program designed to prevent the country from obtaining a nuclear weapon. He noted that Iran’s isolation will further push Tehran to make itself useful to the Kremlin.
After decades of Western economic constraints, the Islamic Republic has become a master of evasion, using illicit markets and manipulating vessel-tracking to circumvent sanctions. Today, Russia is living a similar crisis as the West clamps down on Moscow in an effort to cripple its war effort.
Can Russia follow Iran’s lead to circumvent Western sanctions? Some analysts say it already is.
The US, the G7 group of rich nations, and the European Union have imposed a series of unprecedented sanctions on Russia since its invasion of Ukraine on February 24.
The largest blow, however, would be to Russian energy, which by 2020 made up more than half of Russia’s exports. The US and Britain have already banned Russian oil. Today, the EU — which remains highly dependent on Russia’s supply — is considering a similar move, but is yet to reach consensus on the matter.
One way Russia can learn to survive potential sanctions on its oil is to shift vessels and rebrand its blend, a tactic that has been used by Iran.
Iran has in the past hidden millions of oil barrels off little-known ports in Asia to escape Western sanctions, Reuters reported in 2012. Barrel transfers in the dead of night from one vessel to another allowed Iran to masquerade under different flags, selling its oil to keen Asian buyers without catching the eye of Western monitors. Iran didn’t respond to a request for comment, Reuters added.
“About 8% of the world’s largest tankers are now engaged in the smuggling of sanctioned oil, largely comprising Iranian and Venezuelan product,” said Cormac Mc Garry, security expert at Control Risks in London.
“Ghosting” is the most commonly used mechanism, Mc Garry told CNN, whereby ships turn off their automatic identification systems as they switch cargo from one vessel to another.
“The trick here is that the second tanker may look completely compliant [with sanctions], and the trader or consumer can be duped into thinking they have purchased an unsanctioned cargo,” said Mc Garry.
Windward, an Israeli maritime intelligence company, said that over the past month it identified Russian crude trading under the radar, where there were ship-to-ship operations between oil tankers departing from Russian ports with other oil tankers. Tankers engaged in this activity arrived in North America, Asia, Russia and Europe, according to Windward.
“While the new restrictions are changing vessel behaviors … it seems like some companies are maintaining business as usual, by concealing their actions and trying to keep regulatory bodies … in the dark,” wrote Windward in a blog post.
In Iran’s case, remote Malaysian territories were used as “blending” or “re-branding” spots, where Iranian oil would be mixed with others and sold as a non-Iranian product to international buyers. “Malaysian blends” have been a known gateway to evading oil sanctions, with Asian buyers — specifically Chinese — making use of the rebranded mix to purchase sanctioned oil.
Russia is already taking a similar route, its oil now rebranded as “Latvian blend” — a 49.99%-Russian mix that is blended with other oil and labelled Latvian. The crude has been bought by UK-based oil and gas company Shell, Bloomberg reported.
Dealing with sanctioned oil risks both reputational and financial damage, but demand for crude could still drive some buyers to the deep ends of black markets, analysts say.
“Commodities markets are already being squeezed due to supply concerns and so it is not clear that Russian supplies can be replaced,” said Esfandyar Batmanghelidj, founder and CEO of the Bourse & Bazaar Foundation think tank in London.
Financially, Iran has built a shadowy network that uses front companies and circuitous transactions to launder money and dodge sanctions, analysts say, which some believe may be offered for Russian use.
Those companies are used to give the appearance that there is no Iran connection, said Richard Nephew, a scholar at Columbia’s Center on Global Energy Policy in New York who previously serves as deputy sanctions chief at the State Department and director of Iranian Affairs at the US National Security Council.
Front companies are a tactic that Nephew believes Russia would be keen to learn from.
“I think that Iran would be prepared to help Russia with respect to some sanctions evasion tools,” said Nephew, “but of course, this assumes that Iran itself has access that it can make readily available.”
Sanction evasion is not an easy task, said Batmanghelidj. And while finding complicit partners delays economic collapse in the short-term, it still cuts the chances of long-term profit.
“The main lesson that Russian should draw from Iran’s experience is that evading sanctions and resisting sanctions is hard,” said Batmanghelidj. “At best, Russia can aim to demonstrate resilience to sanctions, but that just means staving a runaway economic collapse,” he told CNN.
“This is why the real cost of sanctions is an opportunity cost of forgone growth.”
Other top Middle East news
Iranian, Ukranian foreign ministers discuss Russian invasion in phone call
Ukrainian Foreign Minister Dmytro Kuleba said after speaking to his Iranian counterpart Hossein Amir-Abdollahian that Tehran “stands against Russia’s war on Ukraine” and “supports a diplomatic solution.” He also said that Iran refuted allegations that arms were transferred to Russia with the help of Iranian companies.
- Background: Iran has sided with Russia in its war on Ukraine by supporting it in international forums like the United Nations, but it has also presented itself as being anti-war. After Russia’s invasion of Ukraine, Tehran condemned the expansion of Nato instead of providing explicit support for the war.
- Why it matters: Ukraine is likely to present the phone call as a victory against Russia for having one of its closest allies condemn the war and deny facilitating transfers of weapons.
US Navy launches task force to patrol waters around Yemen
The US Navy said on Wednesday it is establishing a task force that will help combat arms smuggling in the waters around Yemen.
- Background: The US has recently reassured Gulf monarchies of its commitment to helping them fight off Houthi attacks targeting Riyadh and Abu Dhabi. Tehran has long backed the Houthi movement in Yemen and has been repeatedly accused of smuggling weapons to the rebel group, an allegation it denies.
- Why it matters: The task force is the latest of steps taken by the American military against Houthi attacks on Saudi Arabia and the UAE. The region has doubted America’s security commitment to its Middle East allies, especially as nuclear talks open doors to stronger Iranian influence if sanctions are lifted.
At least 150 injured in Al-Aqsa mosque clashes
Palestinians and Israeli forces clashed in and around the Aqsa mosque in Jerusalem’s Old City, marking a significant spike in tensions on what is a day of significance for all three of the city’s main religions. At least 150 people were taken to hospitals with injuries from rubber bullets, stun grenades and police beatings, according to the Palestinian Red Crescent.
- Background: A spokeswoman for the Israeli police said earlier that officers confronted “dozens of young lawbreakers” who began a procession in the mosque compound. Police said several officers were taken to hospitals after they were hit by rocks. The clashes follow weeks of unrest between Israelis and Palestinians. Four Palestinians were shot dead by Israeli forces in the West Bank on Wednesday and Thursday.
- Why it matters: Israeli security forces have stepped up operations in Palestinian territories in recent days, following a series of shooting attacks on Israelis that killed 14 people.
Around the region
Blistering hot car steering wheel and bursts of hot air at every exit from an air-conditioned refuge, UAE residents are getting a reminder of what desert heat feels like as the weather in the Gulf country turns.
One digital artist in Dubai, however, has used art and technology to let residents fantasize about a UAE with more green than the orange of sand dunes that residents are used to seeing.
Jyo John Mulloor visualizes the desert country in sage, jade, olive, and every other shade of green as he drapes key landmarks like the Burj Al Arab and Burj Khalifa with forests all around. The pictures, which took 26 days to create, have gone viral on social media. This was Mulloor’s sequel to his #letitsnow series where he imagined the city covered in snow.
Calling it the #letitbloom project, the renderings of a greener Dubai aren’t an entirely unfamiliar sight. Mulloor says he was inspired by Dubai’s ambitious plan to make the desert bloom in a similar way, telling CNN that while his previous project, #letitsnow, was a dream, #letitbloom is a vision. One that he shares with the top royal in Dubai.
In April last year, Dubai ruler Sheikh Mohammed bin Rashed Al Maktoum launched the “Dubai 2040 urban master plan,” which aims to double green and recreational places in the city as well as dedicate 60% of the emirate’s total area to nature reserves and rural areas.
While Mulloor admits his renderings are an exaggeration of the 2040 vision, he believes Dubai can transform up to 60% of what his artworks depicted. “If anyone in the world can do it, Dubai can do it,” he says.
By Mohammed Abdelbary
Tweet of the day
Elon Musk took a jab at Saudi Arabia on Twitter after his recent bid to purchase all outstanding shares of the social media platform for $43 billion was rejected by a royal shareholder.
According to a regulatory filing on Thursday, Musk offered to buy all outstanding shares of Twitter for $54.20 per share. If what he called “my best and final offer” is rejected, Musk said he will need to reconsider his position as a shareholder. Musk currently owns a 9.1% stake in Twitter.
Saudi prince Al Waleed Bin Talal, one of the world’s richest men who holds 5.2% of Twitter shares, took to his 14.2 million followers to say he doesn’t believe Musk’s offer “comes close to the intrinsic value” of Twitter.
Musk responded by asking Al Waleed how much of Twitter Saudi Arabia owns, publicly and privately, as well as about the kingdom’s views on freedom of speech.
Al Waleed is yet to respond.
By Mohammed Abdelbary
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/15/if-russia-wants-to-evade-sanctions-it-could-learn-from-irans-playbook/ | 2022-04-15T16:07:45Z |
CALLAWAY COUNTY, Mo. (KTVI) — A crash on a Missouri interstate led to a pot bust after a vehicle spilled 500 pounds of marijuana Wednesday afternoon, which was coincidentally 4/20.
The Missouri State Highway Patrol shared a photo of the packaged marijuana scattered across Interstate 70 in Callaway County, about 100 miles west of St. Louis.
“You don’t see this every day, but it is 4/20,” the agency tweeted Wednesday.
Officials said the amount of weed collected was so great that troopers need multiple vehicles to get it to the evidence room.
Police arrested two men who were treated by EMS before being booked on drug trafficking charges.
The recommended sentencing range for Class A felony drug trafficking is 10 to 30 years in prison.
Authorities said no one was seriously hurt. | https://cw33.com/news/500-pounds-of-marijuana-spilled-onto-missouri-highway-on-4-20/ | 2022-04-22T16:51:02Z |
Dozens of ancient artifacts investigators believe were looted have been seized from the New York Metropolitan Museum of Art, according to the Manhattan District Attorney’s Office.
The office seized 27 artifacts from the Met using three search warrants. They will be repatriated to their countries of origin, a spokesperson for District Attorney Alvin Bragg told CNN.
“We have two repatriation ceremonies next week, one with Italy and one with Egypt,” the spokesperson told CNN. “Fifty-eight objects will go back to Italy, 21 from the Met. Sixteen to Egypt, six from the Met.”
Bragg’s office did not detail where the other artifacts were seized from, nor did it describe the artifacts seized.
“It should be no secret to collectors, art museums and auction houses that they may be in possession of pieces from known traffickers that were illegally looted,” Bragg said. “The investigations conducted by my office have clearly exposed these networks and put into the public domain a wealth of information the art world can proactively use to return antiquities to where they rightfully belong.”
“Our investigations, which have led to the repatriation of nearly 2,000 objects, will continue,” he added.
CNN has reached out to the Met for comment.
The effort to return cultural artifacts to their home countries after being illegally sold to private collectors or museums has been ongoing. In August, New York officials returned 30 antiquities to Cambodia, including a 10th-century Khmer sculptural “masterpiece.”
In 2021, the Met returned three African art objects, including a pair of 16th-century Benin brass plaques, to Nigeria. The move came after European museums began returning stolen African art to their native countries following mounting pressure to return the irreplaceable artifacts plundered during colonial times.
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accounts, the history behind an article. | https://www.albanyherald.com/dozens-of-artifacts-seized-from-the-metropolitan-museum-of-art/article_7bf37869-c6a3-5abe-a913-357e3fdbde74.html | 2022-09-03T20:11:34Z |
HOUSTON, May 18, 2022 /PRNewswire/ -- Imperial Capital, LLC ("Imperial Capital") announced that it served as exclusive financial advisor to Service Compression, LLC ("Service Compression" or the "Company"), a leading provider of natural gas compression services to exploration & production companies at the wellhead, in connection with the commitment of $215 million of first lien senior secured credit facilities with Crestline Investors, Inc. ("Crestline"). The Company plans to direct the net proceeds from the financing to the acquisition of incremental wellhead compression in the Permian Basin and the kickoff of a newbuild electric-driven wellhead compression program.
Dusty Womble, Chairman of Service Compression, and Managing Partner at Masked Rider Capital, LLC, commented, "We are excited to announce our partnership with Crestline and believe this transaction puts us in an excellent position to realize our goal of creating meaningful value for our investors along with opportunity for our employees."
Rhett Newberry, President and CEO of Service Compression, commented, "We are pleased to announce this transformative financing with Crestline. The Company currently has 15,000 horsepower of electric-driven compression on order that will expand our total fleet to over 250,000 horsepower. We look forward to advancing the ESG initiatives of our customers and continuing to make strategic investments in equipment and technologies that differentiate our business."
"This transaction demonstrates Imperial Capital's ability to leverage our extensive relationships with prospective sources of capital across multiple industry verticals, and highlights the expertise and knowledge of our Energy Group," said Chris Shepard, Managing Director and Co-Head of Investment Banking at Imperial Capital. Lenny Bianco, a Managing Director in the Energy Group, added, "We are pleased to have crafted a bespoke debt structure and identified an ideal partner to support the Company's growth plans while limiting dilution to existing shareholders."
About Service Compression, LLC
Service Compression is a leading provider of natural gas compression services to exploration & production companies at the wellhead. Service Compression is focused on advancing the ESG initiatives of the upstream oil & gas sector through its differentiated service and technology offerings. The Company is headquartered in Lubbock, TX with field offices in support of its operations. For more information, please visit www.servicecompression.com.
About Crestline Investors, Inc.
Crestline Investors, Inc., founded in 1997 and based in Fort Worth, Texas, is an institutional alternative investment management firm with approximately $15.0 billion in assets under management. Crestline specializes in credit and opportunistic investments, including financing and restructuring solutions for mature private equity funds. In addition, the firm manages a multi-PM equity market-neutral hedge fund, and provides beta and hedging solutions for institutional clients. Headquartered in Fort Worth, Texas, the company maintains affiliate offices in New York City, London, Toronto and Tokyo. For more information, please visit www.crestlineinvestors.com.
About Masked Rider Capital, LLC
Masked Rider Capital, LLC ("Masked Rider Capital" or "MRC") is a multi-family office founded in 2012 that is focused on acquiring and investing in private companies. Masked Rider Capital proudly serves lower and middle market businesses in West Texas communities and the surrounding areas through innovative capital solutions. MRC provides capital in the form of control and non-control equity, debt and hybrid securities. The firm is industry agnostic and participates in real estate development opportunities. MRC is headquartered in Lubbock, TX. For more information, please visit www.maskedrider.com.
About Imperial Capital, LLC
Imperial Capital, LLC is a full-service investment bank offering a uniquely integrated platform of comprehensive services to institutional investors and middle market companies. We offer sophisticated sales and trading services to institutional investors and a wide range of investment banking advisory, capital markets and restructuring services to middle market corporate clients. Paired with our proprietary research and sales & trading desk analysis, we provide investment analysis across an issuer's capital structure, including bank loans, debt securities, the hybrid/bank capital marketplace (through our ELP Framework), post-reorganization equities, special situations claims and listed and unlisted equities. Our comprehensive and integrated service platform, expertise across the global capital structure, and deep industry sector knowledge enable us to provide clients with research driven ideas, superior advisory services, and trade execution. We are quick to identify opportunities under any market conditions and we have a proven track record of offering creative, proprietary solutions to our clients. Imperial Capital, LLC has three principal businesses: Investment Banking, Institutional Sales & Trading and Institutional Research. More information about Imperial Capital, LLC can be found at www.imperialcapital.com.
For more information regarding Imperial Capital, please contact:
Tigist Gessesse
Corporate Finance Manager
Phone: (310) 246-3605
Email: TGessesse@imperialcapital.com
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SOURCE Imperial Capital, LLC | https://www.kxii.com/prnewswire/2022/05/19/imperial-capital-acted-exclusive-financial-advisor-service-compression-secure-transformative-growth-capital-investment/ | 2022-05-19T00:23:04Z |
NEW YORK, April 13, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of MP Materials Corp. f/k/a Fortress Value Acquisition Corp..
Shareholders who purchased shares of MP 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: May 1, 2020 to February 2, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Fortress Value Acquisition Corp. ("FVAC") had overstated its due diligence efforts and expertise with respect to identifying target companies to acquire; (ii) FVAC performed inadequate due diligence into Legacy MP Materials prior to the business combination, or else ignored significant red flags regarding, inter alia, Legacy MP Materials' management, compliance policies, and Mountain Pass's profitability; (iii) as a result, the Company's future business and financial prospects post-business combination were overstated; (iv) MP Materials engaged in an abusive transfer price manipulation scheme with a related party in the People's Republic of China to artificially inflate the Company's profits; (v) MP Materials' ore at the Mountain Pass Rare Earth Mine and Processing Facility was not economically viable to harvest for rare earth metals; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: April 25, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/mp-materials-corp-f-k-a-fortress-value-acquisition-corp-loss-submission-form/?id=25847&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of MP 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 April 25, 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
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SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/04/13/shareholder-alert-gross-law-firm-notifies-shareholders-mp-materials-corp-fka-fortress-value-acquisition-corp-class-action-lawsuit-lead-plaintiff-deadline-april-25-2022-nyse-mp/ | 2022-04-13T10:57:08Z |
Patented SmartFlex technology features enhanced sculpted design adding performance and flexibility while reducing weight
PROVIDENCE, R.I., July 14, 2022 /PRNewswire/ -- G-Form®, the trailblazing sports protection brand, today introduced the next generation of its Pro-S Vento soccer shin guards for adults and youth for the 2022 season. Showcasing G-Form's patented SmartFlex™ Technology, the Pro-S Vento has an enhanced sculpted design increasing performance and flexibility while reducing weight. Launching in new colors of Black, White, Neon Pink and Mint, the Pro-S Vento Shin Guards are available on www.G-form.com and in retail stores globally. Adult sizes are S – XL; youth sizes are S/M-L/XL with a suggested retail price of $39.99.
G-Form's SmartFlex Technology is proudly made in the USA with non-Newtonian material, making it soft and flexible until pressure is applied at which point it hardens and protects. It's extremely lightweight, has a body-mapped fit for optimal comfort, and the shin pad is integrated into the sleeve construction ensuring a secure fit.
"Maintaining G-Form's reputation for producing lightweight, comfortable, and no-slip shin guards, Vento's revamped design will become a must have in every top player's kit," said Dennis Benjamin, G-Form's European sales manager for the soccer category. "With more enthusiasts now returning to team sports, it is critical that protection technology keep up with growing demand, giving players the confidence to be their best."
This line accompanies G-Form's most recent soccer launches of the Pro-S Elite 2 and Pro-S Blade shin guards, giving customers a wider range of options and colors. The Neon Pink and Mint options match G-Form's new color offerings in the Pro-S Ankle for complete shin and ankle soccer protection.
Enhancements were made to G-Form's premium-quality sleeve on the Vento, enabling a fit, comfort and usability upgrade. The new sleeve utilizes an elongated front for easy on-off, a single-contoured seam for targeted calf compression, and a woven elastic top band to help stay in place. All G-Form fabric sleeves are moisture- wicking, keeping the wearer dry and comfortable.
G-Form shin guards are NOCSAE-certified in the United States, and CE-certified internationally, making them game-ready at any level. All of the brand's protective wear is waterproof and machine-washable yet doesn't diminish the padding quality.
For more information: www.g-form.com.
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SOURCE G-Form | https://www.kxii.com/prnewswire/2022/07/14/g-form-debuts-pro-s-vento-next-generation-soccer-shin-guard-adults-youth-2022-season/ | 2022-07-14T21:01:45Z |
Bally's receives marketing rights for the remainder of the 2022 Major League Baseball season
PROVIDENCE, R.I., Aug. 1, 2022 /PRNewswire/ -- Bally's Corporation (NYSE: BALY) announced today a marketing partnership designating Bally Bet as an official sports betting partner of the 27-time World Series Champions. This marks Bally's first sports team partnership in New York after becoming the ninth online sports betting operator in the state in July.
Under the agreement, Bally's receives use of New York Yankees trademarks and marketing designations as an official sports betting partner (Bally Bet), an official daily fantasy sports partner (Monkey Knife Fight), an official iGaming partner (Bally Casino), and an official free-to-play gaming partner (Bally Play). Bally's Casino Atlantic City also becomes a proud partner of the New York Yankees.
Marketing benefits for Bally's inside Yankee Stadium include LED advertising in the following locations: the outfield wall that lines the playing field, field-facing walls on the Main Level bars in left and right field, the Terrace Level ribbon board, and LED boards throughout the Great Hall. Additionally, Bally's receives an in-game feature on the Stadium's high-definition centerfield video board and other brand-enhancing activations.
"This is a great partnership that will give Bally Bet and our other Bally's Interactive brands terrific visibility in New York," says Adi Dhandhania, Chief Operating Officer of Bally's Interactive North America, the digital and sports betting division of Bally's Corporation. "The Yankees' history as a franchise and their popularity as a global brand speaks for itself."
"We are excited to begin this partnership with Bally's," said Michael J. Tusiani, New York Yankees Senior Vice President of Partnerships. "We hope that their branding in Yankee Stadium along with their in-Stadium customer engagement will greatly strengthen Bally's overall gaming presence in New York."
The deal adds to Bally's growing sports and media footprint. Now in six states, Bally Bet Sportsbook is an Authorized Gaming Operator of Major League Baseball (MLB), the National Hockey League (NHL), the National Basketball Association (NBA), and the Women's National Basketball Association (WNBA). In addition to the New York Yankees, Bally's has official sports team partnerships with the NHL's Nashville Predators, the WNBA's Phoenix Mercury, and the NFL's Cleveland Browns.
About Bally's Corporation:
Bally's Corporation is a global casino-entertainment company with a growing omni-channel presence of Online Sports Betting and iGaming offerings. It currently owns and manages 14 casinos across 10 states, a horse racetrack in Colorado and has access to OSB licenses in 18 states. It also owns Gamesys Group, a leading, global, online gaming operator, Bally Interactive, a first-in-class sports betting platform, Monkey Knife Fight, the fastest growing daily fantasy sports site in North America, SportCaller, a leading, global B2B free-to-play game provider, and Telescope Inc., a leading provider of real-time fan engagement solutions.
With approximately 10,000 employees, Bally's Casino operations include more than 15,800 slot machines, 500 table games and 5,300 hotel rooms. Upon closing the previously announced Tropicana Las Vegas (NV) transaction, as well as completing the construction of a land-based casino near the Nittany Mall in State College, PA, Bally's will own and manage 16 casinos across 11 states. Its shares trade on the New York Stock Exchange under the ticker symbol "BALY."
About Bally's Interactive:
Bally's Interactive is the digital and sports betting division of Bally's Corporation (NYSE: BALY). Established in 2021, Bally's Interactive powers the company's omnichannel platform, providing an unmatched ecosystem of products across the sports betting, iGaming, free-to-play, and daily fantasy sports spectrum. Brands include online sportsbook Bally Bet, the online Bally Casino, popular daily fantasy sports app Monkey Knife Fight, free-to-play game developer SportCaller, and fan engagement platform Telescope. Bally's also owns and operates the famed pro beach volleyball tour AVP and pioneering poker livestream Live at the Bike. Visit ballys.com for more information.
About The New York Yankees:
Founded in 1903, the New York Yankees are the most successful and popular team in Major League Baseball history, having won 27 championships while appearing in 40 World Series. The club plays its home games at Yankee Stadium, which is one of New York City's most-frequented tourist destinations and home to numerous non-baseball events, including college football's Pinstripe Bowl. As a result of their on-field accomplishments and iconic interlocking "NY" logo, the Yankees are among the most recognized brands in the world.
Media Contact: Bally's and Bally's Interactive:
Richard Goldman
Kekst CNC
646-847-6102
BallysMediaInquiries@kekstcnc.com
David Sandler
(818) 251-6558
david.sandler@ballysinteractive.com
BALY-INT
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SOURCE Bally's Corporation | https://www.mysuncoast.com/prnewswire/2022/08/01/ballys-becomes-an-official-sports-betting-partner-new-york-yankees/ | 2022-08-01T12:24:59Z |
The following is a statement being issued by Eneas Mares, general manager of Enfasis Corporativo, strategic corporate consulting firm specialized in the tourism, banking and finance, and commercial sectors in Latin America, in response to repeal of laws 122 and 314 of tourist incentives in Panama.
BUENOS AIRES, Argentina, Aug. 11, 2022 /PRNewswire/ -- "Panama's President Laurentino Cortizo ordered the repeal of laws 122 and 314 both tourism based incentives laws that seek foreign investment.
"These laws were approved twice over the last 2 years by an overwhelming majority at the National Assembly and, each time, they were signed off by the President and members of his cabinet; these laws have created much interest, incentivizing developers and investors from the United States and other countries to invest millions of dollars which now may be at risk.
"During the more than two years that the Law 122 'The tourism investment law' has been in place, the tourism authority did road shows not just in the United States but other countries, catching the attention of the international investment community; foreign investors from all over have dedicated, in good faith, enormous time and economic resources to participate in this investment opportunity that promises to position Panama as one of the top tourism destinations in the region.
"This investment law has caught so much attention that it is currently referenced in Panama's Investment Climate Report issued by the U.S. State Department; Panama's legacy as a country where the security of the law is respected has always differentiated it from the rest and has made it one of the safest places in Latin America for foreigners to invest in.
"As a result, less than two months ago, the original Law 122 was modified in the National Assembly by the new Law 314, which lowered fiscal incentives to almost half and further regulated the legislation.
"The country is expected to gain a complete tourism offering, where it is needed the most, positioning Panama among the top touristic destinations in the region. The consulting firm Virtú Atelier Legal explained in one of its reports that, under law 122, investors would be granted with tax credit equaling to 100% of their investment. This incentive would be granted to the natural person or legal entity, who, at the Panamanian Stock Market, is the first purchaser of the securities issued by the tourism company or real estate investment company; the first acquirer must submit a sworn statement certifying that, immediately before acquiring the securities, neither he nor his directors, officers, shareholders or beneficial owners were directors, officers, shareholders or beneficial owners of the tourism company or investment company, real estate, nor any subsidiaries of the tourist projects in which they invested; furthermore, other restrictions are in place to ensure that there are no links with the developer of the project".
Responsible for the publication:
Eneas Mares
54 9 11 6626-3321
eneas@enfasiscorporativo.com
About the Law 122:
Law 122 was approved by the National Assembly and sanctioned by President Cortizo on December 31, 2019. Later was fully regulated under decree 364 in July 2020, signed again by President Cortizo and Minister of Finance Hector Alexander. Recently, Law 122 was modified onto Law 314 by National Assembly and signed again by President Cortizo and Minister of Finance Hector Alexander on June 21, 2022. The world keeps a close eye on the important work of Panama's National Assembly where the faith of Panama's promising tourism future and Foreign Investment Climate will be defined.
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SOURCE ENFASIS CORPORATIVO | https://www.kxii.com/prnewswire/2022/08/11/enfasis-corporativo-potential-repeal-tourism-investment-laws-puts-panamas-international-investment-grade-great-risk/ | 2022-08-11T06:04:52Z |
PITTSBURGH, Aug. 8, 2022 /PRNewswire/ -- "I was tired of opening paint cans to find them dried out," said an inventor, from Munising, Mich., "So while resealing an oil-based can of enamel paint, I used my prototype to save the paint sleeve. A month later, I needed to use more of the paint. I removed the liner without getting paint anywhere, and the unused portion was ready. Without the save-your-paint sleeve, I believe the paint would have been unusable."
This patent-pending invention prevents the remaining unused portion of paint in a can from drying out. In doing so, it ensures that the paint remains in a fresh, useable condition. As a result, it helps to prevent paint waste. The invention features a simple design that is easy to position and use so it is ideal for painters, contractors, do-it-yourselfers, etc. Additionally, it can be easily removed when needed.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-TLP-148, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/08/08/inventhelp-inventor-develops-protective-seal-accessory-paint-cans-tlp-148/ | 2022-08-08T14:56:56Z |
SINGAPORE, June 27, 2022 /PRNewswire/ -- In the first half of 2022, the "Metaverse" concept reached an unprecedented popularity peak marked by the release of the new NFT assets of BAYC. In just a few weeks, it has calmed down with the decline of the Web3 market, and numerous NFT projects are facing the pressure of roadmap progress and metaverse construction. However, metaverse games are not instant products; professional development, large-scale operation, and maintenance can be pretty challenging for most PFP projects. For DigiNation, metaverse game + NFT is a familiar combination, and they actually develop a platform to help those Web3 projects creating own metaverse.
DigiNation is a framework and portal for 3D metaverse games; projects and communities may develop various kinds of games based on it. And after the integration of the NFT contract, holders can enter these games with their own NFT to engage for social, game missions, and customized token economics.
Unlike other metaverse projects, the design and positioning of DigiNation are not just to create its own metaverse game but to support as a middle layer for metaverse games. In other words, DigiNation provides NFT projects and developers with a toolkit that allows them to create customized metaverses and interact with other metaverses in the same ecosystem. Starting from the underlying infrastructure, DigiNation can help new projects to land metaverse games in a short time without complicated development and maintenance of software and hardware.
DigiNation has recently made some updates in terms of products to meet market demands and announced the launch of new ecosystem products based on iOS and Android.
Ecosystem products based on iOS and Android
The primary focus of DigiNation is developing the mobile version and releasing ecosystem products based on iOS and Android in Q3.
Combined with the operational experience of the DigiNation team and the current game market situation, developing the mobile version is a vital expansion strategy. It can also significantly improve the actual game performance data of the project. At the same time, the market and operational experience from the team will be used in the traditional game field to actively introduce traditional game players in various regions into the DigiNation metaverse. Although there are still numerous glitches in the compatibility between the mobile version and crypto applications, DigiNation hopes to be able to blend a practical model with appropriate adjustments and strategies.
Previously, DigiNation has extended its integration strategy with existing crypto projects. Some collaborations have been reached but not all announced. Once the framework of the mobile version matures, several games in collaboration with different crypto projects and developers will be published. In addition, the framework of DigiNation supports token economics during game development and leaves the developers to decide whether and how to use it.
Expansion of the DigiNation account system
Games built with the framework will also connect to the DigiNation account system, including Web2 and Web3 accounts. Web2 accounts are the ones registered through traditional methods, e.g., Emails. Web3 accounts consist of native published DigiAvatars NFT and other integrated NFT through collaborations.
Players who enter the ecosystem with Web3 accounts enjoy significantly improved privileges and interests compared to Web2 players, such as higher weighting in each game economic system and even a global multiplier under the ecosystem.
Each integrated Web3 project is categorized with a coefficient based on the contribution to the ecosystem through collaboration with DigiNation. This coefficient will significantly affect the benefit of individual players from the project.
"Babel", the new flagship of DigiNation
After the Alpha Test, the next important launch of DigiNation will be a metaverse game based on the DigiNation framework, codenamed "Babel". This game will be cross-platform, supported with iOS, Android, and PC, and promoted to both Crypto and Non-Crypto game players.
"Babel" was developed by DigiNation in cooperation with an experienced game team in Singapore as the first customized metaverse game under the DigiNation framework. As a flagship, it will fully demonstrate the advantages and extensibility of the DigiNation framework and serve as a gateway for future customized metaverses. It is expected that Play 2 Earn will be enabled sometime after its launch and will support all NFT projects integrated with DigiNation to participate.
Conclusion
Undoubtedly, the metaverse's core assets are the user-generated content by players in the games. More players can only be attracted to the games when the content is rich.
What DigiNation builds is an aggregating game platform with highly modularized technical resources and common interested player groups. For communities with plans for metaverse games, the products and services brought by DigiNation can significantly accelerate the roadmap progress and enhance community cohesion.
As the crypto market slumped, confidence has been cracked down. And it is the right time to demand more high-quality and reliable products, that help to support and rebuild the market confidence. DigiNation, with its abundant experience and unique business model, is pioneering the edge of gamefi, and may eventually create a brand new metaverse concept with a widened horizon.
Media Contact: mkt@digination.io
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SOURCE DigiNation | https://www.wibw.com/prnewswire/2022/06/27/digination-will-launch-metaverse-game-babel-ecosystem-products-based-ios-android/ | 2022-06-27T09:18:57Z |
Manhattan man arrested after hitting, knocking woman’s tooth out
MANHATTAN, Kan. (WIBW) - A Manhattan man remains behind bars after he allegedly knocked a woman’s tooth out when he hit her.
The Riley Co. Police Department Activity Report indicates that around 2:30 a.m. on Thursday, Aug. 18, officers were called to a home in Manhattan with reports of domestic battery.
When officers arrived, they said a 24-year-old woman reported that a man, later identified as Dickson Ochanda, 34, of Manhattan, had hit her and knocked out one of her teeth.
RCPD said the woman was taken to Ascension Via Christi Hospital in Manhattan for treatment of facial injuries.
RCPD also said Ochanda was booked into the Riley Co. Jail for domestic battery where he remains behind bars on a $2,000 bond.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/18/manhattan-man-arrested-after-hitting-knocking-womans-tooth-out/ | 2022-08-18T15:27:01Z |
Syntun Release: China's 618 Shopping Festival GMV of 695.9 billion
BEIJING, June 19, 2022 /PRNewswire/ -- China just concluded its mid-year e-commerce shopping festival known as "618". It's the second-largest e-commerce shopping festival in China—second only to "Single's Day" (November 11)—and possibly the second-largest shopping festival in the world.
As the most important consumer battle field in the first half of the year, the annual "618 Shopping Festival" has become a crucial market of business for all e-commerce platforms, and the pre-sale of "618" has also started as early as May. This year's "618" features better users' shopping experience and more simplified promotion rules, richer lists, more efficient logistics and more considerate after-sales services provided by each e-commerce platforms, which attracted more consumers to join the online shopping spree.
According to Syntun, a professional digital retail data service provider, during 2022 China "618" (from 20:00 on May 31st to 24:00 on June 18th), the GMV of the major e-commerce platforms (only including traditional e-commerce platforms and livestreaming e-commerce platforms) was 695.9 billion RMB. The GMV of traditional e-commerce platforms was 582.6 billion, with Tmall platform ranking first. Livestreaming e-commerce platforms performed brilliantly, with the GMV of 144.5 billion. New retail platform and community group buying platforms have begun to join the "618" competition, the GMV reached 22.4 billion yuan and 15.3 billion yuan respectively. In terms of sales categories, household appliances remained one of the popular categories with the GMV of 87.9 billion RMB .
As a professional digital retail data service provider, Syntun has developed a variety of products in line with the needs of the retail industry, which can solve the problems encountered in the process of production, operation, marketing and management, and help brands make accurate decisions.
CONTACT:
FB: Syntun China
TW: @Syntunchina
Syntun Marketing Team
Tel: +86-10-5287-4212
Email: info@syntun.com
SOURCE: Syntun Ltd.
Related Links: www.syntun.com
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SOURCE Syntun Ltd. | https://www.mysuncoast.com/prnewswire/2022/06/19/annual-618-shopping-festival-shows-chinese-e-commerce-is-roaring/ | 2022-06-19T12:10:42Z |
CDC restates recommendation for masks on planes, trains
NEW YORK (AP) — U.S. health officials on Tuesday restated their recommendation that Americans wear masks on planes, trains and buses, despite a court ruling last month that struck down a national mask mandate on public transportation.
Americans age 2 and older should wear a well-fitting masks while on public transportation, including in airports and train stations, the Centers for Disease Control and Prevention recommended, citing the current spread of coronavirus and projections of future COVID-19 trends.
For months, the Transportation Security Administration had been enforcing a requirement that passengers and workers wear masks.
The government had repeatedly extended the mandate, and the latest one had been set to expire May 3. But a federal judge in Florida struck down the rule on April 18. The same day, the TSA said it would no longer enforce the mandate.
The CDC asked the Justice Department to appeal the decision, which the department did. On Tuesday, CDC officials declined to comment on the status of the appeal. DOJ officials did not immediately respond to a request for information.
___
The Associated Press Health & 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.kxii.com/2022/05/03/cdc-restates-recommendation-masks-planes-trains/ | 2022-05-04T05:27:03Z |
ARLINGTON, Va. , July 26, 2022 /PRNewswire/ -- Qmulos, the pioneering cybersecurity software and services firm driving the Converged Continuous Compliance™ revolution in enterprise security, compliance, and risk management automation, announces the support for Cybersecurity Maturity Model Certification (CMMC) version 2.0 through its flagship Q-Compliance platform.
The introduction of CMMC 2.0 is driving Defense Industrial Base (DIB) organizations to accelerate their roadmap for achieving and demonstrating compliance with the emerging requirements as a prerequisite for new and continued engagement with the Department of Defense.
The CMMC 2.0 implementation timeline will see approximately 7500 defense contractor organizations in scope of the new requirements by FY2022, growing to 25,000 firms by FY2023, 32,500 companies by FY2024, nearly 50,000 contractors by FY2025, and the entire DIB community of approximately 300,000 firms required to comply with CMMC as a prerequisite on all future DoD contracts.
Although firms will be subjected to varied levels of CMMC requirements based on the type of sensitive unclassified DoD information they handle, all DIB community members will be required to ensure CMMC compliance at some level, with many compelled to achieve CMMC Level 3 (Expert) as a condition of bidding and delivering under DoD contracts.
DIB enterprises should explore proactive compliance with CMMC 2.0 requirements as part of their continuous efforts to mature risk management capabilities, and as a core component of their competitive strategy.
As demonstrated by the changes incurred in the transition from CMMC 1.0 to version 2.0, compliance agility, an organization's ability to rapidly adjust to shifting compliance requirements as they emerge, should be seen as a core critical enterprise capability.
Likewise, compliance confidence, the ability to ensure traceability and veracity of reported compliance information, must be considered a core requirement of any mature enterprise risk and compliance management program. As illustrated by the recent Aerojet Rocketdyne False Claims Act case involving allegations of misrepresentation of cybersecurity compliance under federal contracts, organizations must proactively consider and continuously address the risk of inaccurate compliance assessment and reporting.
The Qmulos platform enables enterprises to confidently achieve and demonstrate CMMC compliance by leveraging big-data analytics and user-friendly visualizations, coupled with automated technical evidence collection, alerting, and reporting.
Qmulos invites DIB risk, security, and compliance leaders to experience the power of Converged Continuous Compliance™ and how it can accelerate their roadmap to CMMC 2.0 compliance maturity: https://www.qmulos.com/q-compliance-demo-of-cmmc-functionalities
CONTACT: Qmulos, Rutger Thomschutz, info@qmulos.com
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SOURCE Qmulos | https://www.wibw.com/prnewswire/2022/07/26/qmulos-accelerates-defense-industrial-base-roadmap-achieving-cmmc-20-compliance/ | 2022-07-26T18:15:59Z |
(The Hill) – A group of House Democrats called for legislation on Monday that would add four seats to the Supreme Court, lamenting a “ultra right-wing” branch that just overturned the Roe v. Wade decision on abortion rights.
The eight lawmakers cited recent Supreme Court decisions that rolled back Miranda rights, threw out a New York gun control law and allowed religion to surface in schools — as well as the Dobbs v. Jackson Women’s Health decision that overturned the right to abortion in Roe — in saying there was a need to add new justices to the court.
Rep. Hank Johnson (D-Ga.), the lead sponsor of the 2021 Judiciary Act, called the current makeup “a Supreme Court at crisis with itself and with our democracy” where “basic freedoms are under assault” from the 6-3 conservative supermajority on the bench.
The Supreme Court isn’t susceptible to the popular vote the way Congress is, Johnson said, and it has used that fact to amass power. “It’s making decisions that usurp the power of the legislative and executive branches,” he said.
Facing Republican opposition and some Democratic skepticism, the bill has little chance of becoming law, but it illustrates the deep anger among progressive Democrats about the court’s direction under three conservative justices nominated by former President Trump: Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett.
Those three justices have radically altered the direction of the court, which now has twice as many conservative justices as liberal ones. Kavanaugh replaced Justice Anthony Kennedy, a previous swing vote who had been nominated to the court by a Republican, while Barrett replaced liberal Justice Ruth Bader Ginsburg.
Adding to Democratic anger, a GOP Senate blocked former President Obama’s last nominee to the court, Merrick Garland, who is now the attorney general. Gorsuch ended up being nominated to the court in place of Garland.
Introduced last year, the Judiciary Act has not progressed in Congress.
Some Democrats wary of the proposal are concerned that expansion would open the court up for Republicans to push more of their nominees into the openings.
“The nightmare scenario of GOP court-packing is already upon us,” said Rep. Mondaire Jones (D-N.Y.). “That’s how they got this far-right 6-3 majority in the first place.”
Lawmakers at Monday’s press conference, hosted by the Take Back the Court Action Fund, blamed Trump and the conservative legal movement for enabling a partisan court.
Republican politicians made controlling the judicial branch part of their platform, said Rep. Mark Takano (D-Calif.), adding that the court has “gone rogue” and “become a radical institution.”
The lawmakers also emphasized that the longevity of the lifelong terms the sitting justices are now serving makes action to expand the court more urgent.
Of 72-year-old conservative Justice Samuel Alito, Johnson said, “You can see the gleam in his eye as he thinks about what he wants to do to decimate the rights of people and put us back in the Dark Ages.”
Trump-nominated Gorsuch, Barrett and Kavanaugh, in their 50s, are “gonna be there for a while,” Johnson said.
Congress has changed the number of seats on the nation’s highest court seven times in the nation’s history. The new proposal would bring the total seat count to 13, meaning a decision from the court would need a 7-6 majority rather than the present 5-4.
Reps. Andy Levin (D-Mich.), Jan Schakowsky (D-Ill.), Bonnie Watson Coleman (D-N.J.), Rashida Tlaib (D-Mich.) and Sheila Jackson Lee (D-Texas) were also at the conference, along with Sen. Ed Markey (D-Mass.), who sponsored the bill in the Senate, and a handful of progressive activists. | https://cw33.com/news/nexstar-media-wire/house-democrats-tout-bill-to-add-four-seats-to-supreme-court/ | 2022-07-19T01:22:53Z |
LOS ANGELES (AP) — A California man who smuggled more than 1,700 wild animals into the United States, including 60 reptiles hidden in his clothing, pleaded guilty Wednesday to federal charges.
Jose Manuel Perez, 30, of Oxnard, entered pleas to two counts of smuggling and a charge of wildlife trafficking.
Prosecutors said that from 2016 to this February, Perez and his accomplices used social media to arrange to smuggle animals from Mexico and Hong Kong. Most were reptiles and included Yucatan box turtles, Mexican box turtles, baby crocodiles and Mexican beaded lizards, according to a statement from the U.S. Department of Justice.
It is illegal to import the animals without permits under an international treaty on the trade of endangered species, the DOJ said.
Perez paid accomplices a crossing fee to drive animals from Mexico to El Paso, Texas, where he had them shipped to his family’s Ventura County home and resold them to customers throughout the U.S., authorities said.
He also made some three dozen trips to Mexico himself to pick up animals, and on Feb. 25 he was arrested while trying to enter the U.S. with 60 reptiles hidden in bags of his clothing, prosecutors said. Three of the reptiles died.
The smuggled reptiles were worth about $739,000, authorities estimated.
Perez fled to Tijuana in June while out on bond but was quickly captured and returned to the U.S. He could face up to 20 years in federal prison for each smuggling count when he’s sentenced on Dec. 1. | https://cw33.com/strange-news/ap-strange-news/ap-california-man-pleads-guilty-to-smuggling-1700-animals/ | 2022-08-25T19:51:57Z |
DENVER (KDVR) — The next full moon will arrive later this week. This moon is called the Harvest Moon, according to the Farmer’s Almanac.
The full Harvest Moon will appear after sunset on Friday and reach its peak around 5:58 a.m. EST on Saturday, the Farmer’s Almanac said.
The harvest moon is the full moon that falls closest to the autumnal equinox, when day and night are most evenly split. The day traditionally marks the start of fall and cool temperatures, a change that residents of the West fondly daydreamed about this week as temperatures soared well over 100 degrees in many places.
The equinox for the southern hemisphere happens March 20 or 21.
The Harvest Moon is said to look larger and and have an orange glow, an optical illusion attributable to observing the full moon near the horizon, according to John Percy, professor at Toronto University’s Department of Astronomy and Astrophysics.
The color can be attributed to bluer wavelengths of light getting lost over the moon’s longer path. Dust or pollution can also saturate any reddish tones.
Here are some other names the September full moon has been called:
- Autumn moon
- Falling leaves moon
- Leaves turning moon
- Moon of brown leaves
- Yellow leaf moon
- Rutting moon
At the peak of harvest, the almanac said farmers can work late into the night by the light of the Harvest Moon.
The next full moon will arrive on October 9. It is called the Hunter’s Moon. | https://cw33.com/news/nexstar-media-wire/when-does-the-harvest-moon-appear/ | 2022-09-08T19:16:31Z |
LOS ANGELES (AP) — In President Joe Biden’s estimation, the U.S. is in a strong position to overcome the worst inflation in more than 40 years. But so far, inflation just keeps getting the better of the U.S. economy and of the Biden administration.
The president’s policies, his deals with the private sector, regulatory actions and public jawboning have failed so far to stop prices from marching upward.
Biden on Friday pledged to keep fighting against inflation while touring the Port of Los Angeles, America’s busiest port and a place that the White House said last October would be key for reducing price pressures.
“My administration is going to continue to do everything we can to lower the prices for the American people,” the president said after a decidedly bleak new report on consumer prices.
The Labor Department reported Friday that consumer prices climbed 8.6% in May from a year ago. That’s the worst reading since December 1981 and a troubling sign for the economy as rate hikes by the Federal Reserve have yet to tamp down inflation as gasoline costs are surging upward. Rising prices are imperiling the U.S. economy as well as Democratic control of the House and Senate, putting Biden on the defensive.
AAA separately reported that average U.S. gas prices reached a record $4.99 a gallon, an increase that has overwhelmed the president’s previous efforts to reduce overall inflation. The pain at the pump is hurting Biden’s public approval ahead of the midterm elections.
The president on Friday also blamed corporate profits for inflation, saying that some companies — including shipping firms and the oil industry — are focused on maximizing profits. Biden specifically targeted ExxonMobil for not doing more to increase oil production.
“Exxon made more money than God this year,” he said.
ExxonMobil responded to Biden’s comment by saying that it is producing more oil.
“We have been in regular contact with the administration, informing them of our planned investments to increase production and expand refining capacity in the United States,” Casey Norton, a spokesperson for the company, said in an email. “We increased production in the Permian Basin by 70%, or 190,000 barrels per day, between 2019 and 2021. We expect to increase production from the Permian by another 25% this year.”
The Port of Los Angeles moved to round-the-clock operations last October under an agreement that the White House helped to shepherd. The goal was to clear backlogs of ships waiting to dock and containers waiting to flow into the country, a logjam that was pumping up prices as the world began to recover from the coronavirus pandemic.
The port is now moving out a record 200,000 containers on a rolling 30-day average. But the forces driving inflation have largely shifted to rising energy and food costs in the aftermath of Russia’s invasion of Ukraine. There has also been a broader increase in prices that go beyond supply chain issues. Housing, airfare and medical services expenses rose significantly in May.
Gene Seroka, executive director of the Port of Los Angeles, said there were many levers that caused performance to improve in terms of getting goods to consumers and businesses faster. But he specifically credited the “convening powers of the federal government to bring people to the table” and the Biden administration’s focus on the supply chain.
“We’ve reduced those ships that have been waiting to get into the port by 75% this year,” Seroka said. “These guys are really working because we’ve got strong consumer demand still.”
The Biden administration is seeking to further reduce shipping prices with a bipartisan bill that the House could pass as soon as next week. The bill would give the Federal Maritime Commission tools to make ocean-based trade more efficient and price competitive, improving the flow of exports and imports.
“What I have found here in California is that they want us to do whatever we could possibly do to address the inflation problem — and this is clearly one significant part of the problem,” said Rep. John Garamendi, D-Calif., a sponsor of the bill.
Rep. Dusty Johnson, R-S.D., said he saw a need for the additional tools in part after a cheese processor in his state had two million pounds of lactose rot because no carriers would take the product even though 60% of shipping containers were going back to Asia empty.
“This is not a silver bullet with regard to inflation,” said Johnson, who sponsored the bill. But he noted that, as the provisions get implemented, “this will absolutely have an impact on inflation.”
Strong consumer demand has been a mixed blessing for Biden. It reflects the robust job growth and solid household balance sheets that followed the $1.9 trillion coronavirus relief package passed last year. But demand has consistently outpaced supply, causing prices to rise to levels that are forcing the Federal Reserve to try to slow growth and possibly risk a recession.
The White House contends that the U.S. can tackle inflation without stumbling into a downturn because the economy is so strong with its 3.6% unemployment rate that it can withstand a slowdown.
Biden is also trying to frame inflation as a global challenge, having been triggered first by the pandemic and then by Russia’s invasion of Ukraine. The president is attempting to rebut criticism by Republican lawmakers that inflation was the result of his government aid being too generous and his restrictions on U.S. oil production too onerous.
Biden has attempted to slow inflation by improving port operations and twice releasing oil from the U.S. strategic reserve, in addition to other regulatory initiatives and a domestic agenda that includes budget deficit reduction and would need congressional approval.
The visit to the port occurs as Biden has been hosting the Summit of the Americas in Los Angeles. On Friday, he will also announce a declaration on migration and hold a working luncheon with the heads of government and state attending the conference for nations in the Western Hemisphere.
And mindful of the campaign season, Biden on Friday will attend two fundraising receptions for the Democratic National Committee. | https://cw33.com/business/ap-business/biden-visiting-la-port-as-high-prices-persist-as-threat/ | 2022-06-10T20:38:18Z |
ArcBest LTL carrier ABF Freight recognizes five of its top performing service centers
FORT SMITH, Ark., May 18, 2022 /PRNewswire/ -- ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced that five of its ABF Freight® service centers have been honored with the President's Quality Award for their commitment to extraordinary customer care in 2021.
The prestigious President's Quality Award recognizes ABF service centers that exemplified the Quality Process the previous year. This is the highest honor an ABF service center can receive.
Recipients for the 2021 President's Quality Awards include service centers located in: Ocala, Florida; Hickory, North Carolina; Indianapolis, Indiana; South Chicago, Illinois; and San Juan, Puerto Rico.
"Because we believe our customers deserve excellent service, nearly 40 years ago, ABF formalized a Quality Process that gives our employees the resources they need to identify and eliminate potential problems," said Seth Runser, ABF Freight president. "The teams at these five service centers have risen to the challenge, and their dedication to quality has resulted in safe freight handling and a great customer experience. I am very proud of their commitment to excellence."
The ABF Quality Process, which is based on principles first introduced by the late Philip Crosby, is engrained in the company's culture. ABF employees receive ongoing education on how to serve customers in a helpful, efficient, innovative and error-free manner through quality seminars, job-skills training, focus groups and designated quality improvement teams.
ABF Freight has presented the annual President's Quality Award since 1993. To determine recipients of the award, all ABF service centers undergo yearly performance evaluations that include a nomination process, a safety audit and an on-site quality validation audit by an internal Quality Committee. The evaluation process gauges resource management, damage/loss prevention, customer satisfaction and other key performance indicators.
ABOUT ARCBEST
ArcBest® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with nearly 15,000 employees across more than 250 campuses and service centers, the company is a logistics powerhouse, fueled by the simple notion of finding a way to get the job done. Through innovative thinking, agility and trust, ArcBest leverages its full suite of shipping and logistics solutions to meet customers' critical needs, each and every day. For more information, visit arcb.com.
Media Contact: Autumnn Mahar
Email: amahar@arcb.com
Phone: 479-494-8221
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SOURCE ArcBest | https://www.mysuncoast.com/prnewswire/2022/05/18/abf-freight-service-centers-receive-presidents-quality-awards-superior-performance/ | 2022-05-18T15:01:33Z |
Industry Leaders Advance Longstanding Collaboration with Interactive Rooms, Available This Summer and Beyond at Marriott Hotels Properties in San Francisco, Bangkok, and London
BETHESDA, Md., July 6, 2022 /PRNewswire/ -- Marriott Hotels, the signature flag of Marriott Bonvoy's 30 extraordinary hotel brands, furthers its partnership with idea engine TED through its award-winning educational arm TED-Ed, to debut their first-ever immersive experience outside of a TED conference. Aimed at sparking curiosity and enriching the experience of global travelers, the rooms feature interactive, mind-bending activities integrated into the Marriott Hotels guest room design. Recommended for families and friends ages seven and up, reservations for The Curiosity Room by TED can be made now for stays starting July 15 at San Francisco Marriott Marquis. Following the inaugural launch in San Francisco, guests can also book the discovery-based room at Bangkok Marriott Marquis Queen's Park and London Marriott Hotel County Hall later this summer with stays starting on August 15 and September 15, respectively. Each room experience will be live for three months at each location.
Recent social listening research conducted on behalf of Marriott saw a significant year-over-year uptick in searches for #themedrooms (+106%) and "hotel rooms" + themed (+65%), suggesting consumers are craving more distinct and inspiring hotel experiences.
Sparking curiosity from the start, guests embark on the adventure immediately upon entry to the room. The entire room is a puzzle box waiting to be solved. Puzzle elements have been seamlessly hidden within the décor; solving them all will lead guests to a grand finale and series of surprises and rewards. The puzzles have also been customized to the three destinations, featuring and celebrating local landmarks, culture, and more. Guests will uncover hidden messages, hunt for puzzle pieces, and experience elements of the room in unexpected and delightful ways. The room's Curiosity Journal serves as the guide and connection to the one-of-a-kind in-room journey, with hints available in case guests need a helpful hand. When the final challenge has been completed, guests receive a certificate of completion and can celebrate with a complimentary dessert in the hotel's restaurant.
"Marriott Hotels has always been a place where guests can be inspired at every corner of their experience and we've taken that to the next level with TED's award-winning educational arm TED-Ed," said Jason Nuell, Senior Vice President, Premium Brands, Marriott International. "This one-of-a-kind adventure further fosters the notion for our guests to stay curious in their travels, opening their minds beyond a typical overnight stay and propel them to explore the destination with renewed desire to learn something new."
Awe-inspiring décor elements have been expertly layered onto Marriott Hotels' modern, residential guest room design to create a blended experience, with everyday hotel items serving as "keys" to unlock clues to help guests progress through the immersive space. Drawing inspiration from the hotel's respective destination, the rooms feature eye-catching drawings by illustrator and artist Caleb Morris, who founded "Welcome to the Neighborhoods" – an art series focused on creating unique connections between people and cities all over the world. In addition, throughout the room, guests will discover various moments of wonder as well as a guide of local travel recommendations curated by Marriott Hotels and TED, that encourage further exploration beyond the guest room – from the striking architecture of San Francisco to the culture of Bangkok and rich history of London. Guests will be able to take home some mementos, such as the travel guide, to leave a lasting impression of the trip.
Reservations for The Curiosity Room by TED are available now for the stay dates below:
- San Francisco Marriott Marquis: July 15 – October 16, 2022
- Bangkok Marriott Marquis Queen's Park: August 15 – November 15, 2022
- London Marriott Hotel County Hall: September 15, 2022 – January 2, 2023
"Watching millions of people view and share TED-Ed's educational animated videos online every day is a profoundly rewarding experience for our team of creators," said TED-Ed's founding and executive director, Logan Smalley. "What really excites me about our partnership with Marriott Hotels, though, is that it will enable families throughout the world, for the first time ever, to experience a totally unique version of TED-Ed in person. I think everyone who participates will gain, in the most tantalizingly fun way possible, a deeper understanding and appreciation of TED-Ed and their destination, and I'm grateful to Marriott Hotels for making that possible."
Marriott Hotels has a longstanding, global partnership with TED. The relationship began in 2016 by distributing TED Talks and TED Fellows Salons, blogs, and original quotes to hotel guests worldwide, and has continued to elevate every year with new elements of the partnership. Travelers staying at Marriott Hotels have access to custom content expertly curated by TED, with selected themes that are topical and relevant to guests, including innovation, travel, entrepreneurship, and much more. Specifically, new TED-Ed content will now be available at hotels with video-based lessons that vary by subject and age.
To explore more, please visit TEDRooms.Marriott.com. Starting rates vary by hotel and maximum four guests occupied in room. Be inspired by following along with Marriott Hotels on Facebook, @marriott on Twitter, and @marriotthotels on Instagram as well as via #MarriottxTED.
About Marriott Hotels®
With nearly 600 hotels and resorts in more than 65 countries and territories around the world, Marriott Hotels continues to elevate the art of hosting – placing people first is the brand's living legacy – ensuring guests always feel deeply cared for throughout their stay. Marriott Hotels raises the bar by consistently delivering heartfelt service, with modern, comfortable spaces, and by providing experiences elevated beyond the everyday. As global travelers needs and expectations evolve, so does Marriott Hotels, leading the industry with innovations including the Greatroom lobby and Mobile Guest Services that elevate style and design, and technology. To learn more, visit www.MarriottHotels.com. Stay connected to Marriott Hotels on Facebook, @marriott on Twitter and @marriotthotels on Instagram. Marriott Hotels is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments, and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com.
About Marriott Bonvoy®
Marriott Bonvoy's extraordinary portfolio offers renowned hospitality in the most memorable destinations in the world, with 30 brands that are tailored to every type of journey. Members can earn points for stays at hotels and resorts, including all-inclusive resorts and premium home rentals, and through everyday purchases with co-branded credit cards. Members can redeem their points for experiences including future stays, Marriott Bonvoy Moments, or through partners for luxurious products from Marriott Bonvoy Boutiques. To enroll for free or for more information about Marriott Bonvoy, visit marriottbonvoy.com.
About TED
TED is a nonprofit organization devoted to Ideas Worth Spreading, often in the form of short talks delivered by leading thinkers and doers. Many of these talks are given at TED conferences, intimate TED Salons and thousands of independently organized TEDx events around the world. Videos of these talks are made available, free, on TED.com and other platforms. Audio versions of TED Talks are published to TED Talks Daily, available on all podcast platforms.
TED's open and free initiatives for spreading ideas include TED.com, where new TED Talk videos are posted daily; TEDx, which licenses thousands of individuals and groups to host local, self-organized TED-style events around the world; the TED Fellows program, which selects innovators from around the globe to amplify the impact of their remarkable projects and activities; The Audacious Project, which surfaces and funds critical ideas that have the potential to impact millions of lives; TED Translators, which crowdsources the subtitling of TED Talks so that big ideas can spread across languages and borders; and the educational initiative TED-Ed. TED also offers TED@Work, a program that reimagines TED Talks for workplace learning. TED also has a growing library of original podcasts, including The TED Interview with Chris Anderson, WorkLife with Adam Grant, Am I Normal? with Mona Chalabi and How to Be a Better Human.
Follow TED on Twitter, Facebook, Instagram and LinkedIn.
About TED-Ed
TED-Ed is TED's youth and education initiative. TED-Ed's mission is to spark and celebrate the ideas of teachers and students around the world. Everything we do supports learning — from producing a growing library of original animated videos, to providing an international platform for teachers to create their own interactive lessons, to helping curious students around the globe bring TED to their schools and gain presentation literacy skills, to celebrating innovative leadership within TED-Ed's global network of over 850,000 teachers. TED-Ed has grown from an idea worth spreading into an award-winning education platform that serves millions of teachers and students around the world every day.
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SOURCE Marriott International, Inc. | https://www.wibw.com/prnewswire/2022/07/06/check-curiosity-marriott-hotels-ted-evolve-partnership-with-debut-first-ever-immersive-guest-rooms-bookable-around-world/ | 2022-07-06T15:07:50Z |
Key inflation gauge sets 40-year high as gas and food soar
WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with a year ago, with sharply higher prices for food, gasoline and other necessities squeezing Americans’ finances.
The figure reported Thursday by the Commerce Department was the largest year-over-year rise since January 1982. Excluding volatile prices for food and energy, so-called core inflation increased 5.4% in February from 12 months earlier.
Robust consumer demand has combined with shortages of many goods to fuel the sharpest price jumps in four decades. Measures of inflation will likely worsen in the coming months because Thursday’s report doesn’t reflect the consequences of Russia’s invasion of Ukraine, which occurred Feb. 24. The war has disrupted global oil markets and accelerated prices for wheat, nickel and other key commodities.
Squeezed by inflation, consumers increased their spending by just 0.2% in February, down from a much larger 2.7% gain in January. Adjusted for inflation, spending actually fell 0.4% last month. The decline partly reflected a shift away from heavy spending on goods to a focus on services, such as health care, travel and entertainment, which consumers had long avoided during the worst of the pandemic.
Spending on such services grew 0.6%, the most since July, while purchases of autos, furniture, clothes and other goods dropped 2.1%. Many economists had previously suggested that a shift away from goods purchases might loosen supply chain snarls and cool inflation. But prices are still rising rapidly for goods, including a 1.1% increase in February.
Americans’ overall incomes rose 0.5% in February, the highest gain since November and up from just 0.1% in January. Wages and salaries jumped 0.8%, the most in four months.
Businesses have been raising pay to attract and keep employees — a trend that is benefiting workers but also giving employers cause to raise prices to offset their higher labor costs. That cycle is helping fuel inflation.
Last month, food costs climbed 1.4%, the most in nearly two years. Energy costs spiked 3.7%, the biggest such increase since October.
The Federal Reserve responded this month to the inflation surge by raising its benchmark short-term interest rate by a quarter-point from near zero, and it’s likely to keep raising it well into next year. Because its rate affects many consumer and business loans, the Fed’s rate hikes will make borrowing more expensive and could weaken the economy over time.
Michael Feroli of JPMorgan is among economists who now think the Fed will raise its key rate by an aggressive half-point in both May and June. The central bank hasn’t raised its benchmark rate by a half-point in two decades, a sign of how concerned it has become about the persistent surge in inflation.
On a monthly basis, prices rose 0.6% from January to February, up slightly from the previous month’s increase of 0.5% and matching the highest monthly figure since 2008. Core prices rose 0.4%, down from a 0.5% increase in January.
Gas prices have soared in the past month in the aftermath of Russia’s invasion, which led the United Kingdom and the Biden administration to ban Russia’s oil exports. The cost of a gallon of gas shot up to a national average of $4.24 a gallon Wednesday, according to AAA. That’s up 63 cents from a month ago, when it was $3.61.
Michael Pearce, an economist at Capital Economics, estimated that the gas price spike will cost Americans an annualized $100 billion in March.
Americans will likely dig into their savings to cover the higher gas costs in the near term, he said. “But if higher gasoline prices are sustained, that will eventually weigh on spending in other areas.”
On Thursday, President Joe Biden is expected to order the release of up to 1 million barrels of oil a day from the nation’s strategic petroleum reserve in an effort to reduce gas prices.
Thursday’s report follows a more widely monitored inflation gauge, the consumer price index, that was issued earlier this month. The CPI jumped to 7.9% in February from a year ago, the sharpest such increase in four decades.
Many economists still expect inflation to peak in the coming months. In part, that’s because price spikes that occurred last year, when the economy widely reopened, will begin to make the year-over-year price increases appear smaller. Yet Fed officials project that inflation, as measured by its preferred gauge, will still be a comparatively high 4.3% by the end of this year.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/03/31/inflation-gauge-surged-64-february-fastest-pace-since-1982/ | 2022-04-02T08:54:33Z |
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