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HARTFORD, Conn. (AP) — Coast Guard Academy officials and a lawyer for several cadets are disputing each other’s accounts of what happened to seven students before and after they were forced to leave the Connecticut campus last month after refusing to be vaccinated against COVID-19.
The New London academy said in a statement Thursday that school officials helped the seven cadets make travel arrangements and “funded travel to the location of their choice.” Officials also said all seven cadets are living in safe locations, either having returned to their families or staying with families of other cadets.
The statement contradicted comments made earlier this week by Michael Rose, a lawyer for several of the cadets. Rose told The Day newspaper that school officials did not help the students with travel arrangements, did not give them any money for travel and that one of the cadets was forced to live in his truck because he is estranged from his family.
The academy disenrolled the seven cadets last month for failing to comply with the military’s COVID-19 vaccination mandate, after their requests for religious exemptions were denied earlier this year. The cadets, whose names have not been released, were required to leave the campus by Aug. 19.
Cmdr. Krystyn Pecora, an academy spokesperson, acknowledged later Thursday in an interview with The Associated Press that the academy did not give the cadets travel funds before they left campus, but rather will reimburse them later when the cadets file their expenses, per the school’s general travel expense policy.
Pecora also said officials were surprised to learn about the cadet who Rose said was forced to live in his truck, saying the student told officials he would be living with a fellow cadet’s family.
Rose said the student lived in his truck for four days while he figured out where he was going to live, because he could not stay with his family due to an ongoing dispute. Rose further said the student had informed academy officials that he had nowhere to go before leaving campus. The cadet is now staying with a high school friend in another state.
The academy also said in its statement Thursday that all seven cadets left the school “at their own convenience” throughout the day on Aug. 19, based on their individual travel arrangements. Rose had said the cadets “were escorted to the gate like they were criminals or something.”
Rose, who is based in Summerville, South Carolina, acknowledged Thursday that he was wrong about officials escorting cadets off campus. But he said officials had threatened to have armed guards take one of the cadets off campus if he didn’t leave by Aug. 19.
The academy noted that though the students are disenrolled, they have not yet been formally separated from the Coast Guard and are continuing to receive benefits and pay — about $1,600 a month, minus certain expenses including uniforms and books. It was not clear how long the separations will take.
Defense Secretary Lloyd Austin last year made the COVID-19 vaccinations mandatory for service members, including those at the military academies, saying the vaccine is critical to maintaining military readiness and the health of the force. Several lawsuits are challenging that mandate, including two in South Carolina and Texas involving some of the Coast Guard Academy cadets that Rose represents, as well as cadets from other academies.
The seven Coast Guard academy cadets filed for religious exemptions to the vaccination mandate in September 2021. They were told in March that their applications were rejected. They appealed that decision, but were denied in May and ordered to report to the academy clinic for vaccination, the academy said.
The seven cadets ultimately refused to follow that order and were told in June that they would be disenrolled for failing to follow the mandate and vaccination orders. They appealed their disenrollments, but were notified on Aug. 15 that their appeals were denied. The students were then told to leave campus by Aug. 19, the academy said.
Rose said the students were told on Aug. 18 that they had to leave campus the next day, and many scrambled to make arrangements. | https://cw33.com/news/u-s-news/ap-us-headlines/ap-accounts-differ-in-unvaccinated-coast-guard-cadet-departures/ | 2022-09-02T19:15:36Z |
BROOKLINE, Mass. (AP) — The U.S. Open isn’t the only American major that has felt like an afterthought, lost among chatter and innuendo about topics unrelated to birdies and bogeys.
Golf was no longer the primary concern going into the 1990 PGA Championship at Shoal Creek in Alabama. The club founder had said Shoal Creek would not be pressured into accepting a Black member. Corporate sponsors began to withdraw TV advertising, protests were planned and Shoal Creek extended membership to a Black insurance executive a week before the PGA.
Until the first tee shot, most of the stories were on the controversy and its ripple effect in golf, not whether Nick Faldo could win his third major of the year.
Battle lines were drawn at the 2003 Masters between activist Martha Burk and her demands that Augusta National have a female member, and club chairman Hootie Johnson who stubbornly said that day may come, but “not at the point of a bayonet.”
Tiger Woods was going for an unprecedented third straight Masters, and he got 10 questions from the media about social issues and the chaos at Augusta. And then when Thursday arrived, rain washed out the opening round.
The difference is the U.S. Open has been overshadowed by a development not of its own doing.
Just its luck, a return to The Country Club for the 122nd Open and its century-old heritage came one week after the Saudi-funded LIV Golf rebel series began outside London.
Phil Mickelson and Dustin Johnson, the two biggest defectors, are among 14 players suspended by the PGA Tour for signing up and who are now playing the U.S. Open. Rumors have rampant all week that more players could be signing up for the Saudi money next week.
Mickelson defended his decision. Rory McIlroy said players who signed up for the 54-hole events with no cut and guaranteed money are “taking the easy way out.”
Golf, anyone?
“We’re praying that changes tomorrow,” USGA chief Mike Whan said Wednesday. “Even I can say that you don’t have to ask how we feel about it. Ask 156 players that are grinding it out to get to tomorrow. They’re trying to focus on the same thing we’re trying to focus on.
“I think — hopefully — as soon as we tee this up tomorrow, we’ll have something else to talk about, at least for the next four days.”
It starts with a local flavor. Michael Thorbjornsen of Stanford, who grew up in the Boston area and won a U.S. Junior Amateur, hits the opening tee shot from No. 1. Fran Quinn, who is 57 and lives about 40 minutes away from Brookline, will start on No. 10.
Mickelson has received only cheers and support — not quite as raucous as in other years — during his practice rounds. He can expect a few renditions of “Happy Birthday” during his opening round because he turns 52 on Thursday.
What they face is an old-styled course, dense rough around most of the tiny greens, fescue framing fairways that are not the narrowest for a U.S. Open and still an important part of keeping big numbers off the card.
The par-3 11th hole is 131 yards by the card and likely will play under 100 yards at some point. The fifth hole is short enough that players can drive the green.
The U.S. Open typically is about precision over power, with patience key for anyone. Recent history, however, leans toward big hitters — Jon Rahm last year, Bryson DeChambeau at Winged Foot, Gary Woodland at Pebble Beach, Brooks Koepka back-to-back and Johnson at Oakmont.
“You should probably have an advantage if you’re a little bit longer,” said John Bodenhamer, the USGA’s chief championships officer who sets up the course. “How it plays here, I don’t know. We’re going to find out. It’s been 34 years since we’ve been here.”
That was in 1988, when Curtis Strange beat Nick Faldo in a playoff. Both were known for precision iron play and avoiding big mistakes.
“This will be a good old-fashioned U.S. Open with rough, and we’ll see how they navigate that and what they use off the tee,” Bodehamer said. “I am telling you, with these small greens and the firmness, they’re going to need to be in the fairway.”
As for the prize money, the U.S. Open has fallen in line with other majors, if not a step up. The PGA Tour set the tone by jacking up the purse of The Players Championship to $20 million with hopes the majors might tag along.
The Masters and PGA Championship bumped their purses to $15 million (both at least a $3 million increase), while the U.S. Open has gone up $5 million to $17.5 million.
That doesn’t compare with the $25 million in prize money the LIV Golf series is offering for its 54-hole events that last week only had four of the top 50 players in the world.
This is about history, a trophy that dates to 1895, making it the second-oldest championship in golf. That should be enough to get anyone’s attention over four days.
“We’re here at major championship, and we’re here to win the U.S. Open, and we’re here to play and beat everyone else in this field, in this great field,” two-time major champion Collin Morikawa said. “That’s what it’s about.”
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/us-open-turns-focus-from-saudi-money-to-golfs-toughest-test/ | 2022-06-16T16:02:43Z |
AUSTIN, Texas, Aug. 3, 2022 /PRNewswire/ -- The prestigious 2022 AOTMP® Vendor Awards were presented on July 28, 2022. The awards recognize innovation and excellence amongst the individuals working for leading telecom expense management (TEM) organizations. We are pleased to announce that the Mindglobal Head of Customer Finance, Ben Savage, was honored as Business Analyst of the Year.
Ben Savage leads the Customer Finance team, focusing on billing optimization, auditing, and invoice allocation. Ben is also a lead wireless consultant and serves as an integral contributor to carrier contract negotiations by providing industry benchmarking rates and leading practices/strategies. He has developed many of the wireless optimization models and processes that help our customers realize a significant ROI.
Kevin Whitehurst, co-CEO of Mindglobal, shares "Under Ben's leadership and direction, the Finance team was able to provide a regressive analysis of pre-Covid vs. post-Covid data utilization which led to a shift in rate plans as well as assisting our Fortune 500 clients with their Work From Home policies." This was recently captured in the case study: Can Regressive Analysis Predict TEM Utilization in the Post-Covid Workspace?
Timothy C. Colwell, AOTMP Executive Vice President, said, "The accomplishments of this year's AOTMP Vendor Award winners demonstrate undeniable business results and compelling value propositions across the board. This outstanding individual is making an impact in the telecom, mobility, and IT management industry."
The Customer Finance team is an integral part of the operation at Mindglobal. They are present from the first onboarding meeting through monthly Rate Plan Analysis calls and continue to build strong relationships with all clients, along with their Client Manager and other leaders at Mindglobal.
AOTMP is a global organization, empowering professionals in the dynamic $4+ trillion telecom, mobility and IT management industry. AOTMP® delivers value through training, certifications, association memberships, events & programs, best practices, publications, resources, and professional development. www.aotmp.com
Based in Austin, Texas, Mindglobal is a leading expert in enterprise technology management. With best-in-class solutions, proven processes, and unparalleled customer service, we deliver better strategies to optimize mobility management, fixed telecom, and IT solutions. www.mindglobal.com
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SOURCE Mindglobal | https://www.kxii.com/prnewswire/2022/08/03/aotmp-announces-ben-savage-wins-business-analyst-year-annual-award-recognizes-outstanding-work-mindglobal-offers-telecom-mobility-it-management-industry/ | 2022-08-03T16:47:36Z |
LOS ANGELES, April 25, 2022 /PRNewswire/ -- Springtime is in full swing which means it's time for light, healthy, and delicious dishes. Why not get inspired by phenomenal Pomodoro San Marzano dell'Agro Sarnese-Nocerino DOP?
These are the kings of canned tomatoes for good reason: the DOP is your assurance that these tomatoes are the highest quality fruit due to the geographical environment (climate, soil, and traditional production techniques) in which they are grown, and then minimally processed. Learn more about the DOP/PDO certification on the I 🖤 San Marzano DOP website: https://ilovesanmarzanodop.com/quality/?lang=en Not only will your tomato dishes be even more delicious than usual, but you can be assured that the quality of the tomatoes inside the can is what is promised on the label.
Do yourself a favor and try a taste test with a can of Pomodoro San Marzano dell'Agro Sarnese-Nocerino DOP against your regular canned tomatoes. Taste each one directly from the can and decide for yourself. Their sweetness and low acidity will win you over with love at first taste, not to mention the bright red color of these beautiful fruits!
Now you're ready to start enjoying the incredible flavor of these truly delightful tomatoes. What about fried mozzarella sandwiches with San Marzano tomatoes? Discover delicious pennette with vodka sauce, or a marvelous amatriciana sauce using only a few stellar ingredients. These fresh spring flavors are only minutes away in your own kitchen!
Find all these recipes and more here: https://ilovesanmarzanodop.com/recipes/?lang=en
EATALY, DALLAS - May 2022
If you're in the Dallas area from May 16th to May 22nd, head over to Eataly for a delicious giveaway! Each day, one person will be randomly chosen from that day's entries to win a $50 Eataly gift card! Winners can use them to buy cans of Pomodoro San Marzano dell'Agro Sarnese-Nocerino DOP to taste the difference in quality for themselves.
Looking for San Marzano DOP canned tomatoes? Find them at quality grocery stores, specialty shops, Italian grocery markets, and online. (Be sure to look for the "DOP" and the quality seals.)
I 🖤 San Marzano DOP is a campaign co-financed by the European Commission - promoting San Marzano dell'Agro Sarnese-Nocerino DOP tomatoes in the USA. www.ilovesanmarzanodop.com #iLoveSanMarzanoDOP Enjoy - It's from Europe!
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SOURCE I Love San Marzano DOP | https://www.mysuncoast.com/prnewswire/2022/04/25/welcome-spring-with-i-san-marzano-dop-tomatoes-eataly-dallas-entices-shoppers-with-chance-win-prizes-may/ | 2022-04-25T18:11:35Z |
Customs Clearance Plus Drayage Technology Improves Supply Chains
SANTA CLARA, Calif., June 1, 2022 /PRNewswire/ -- KlearNow, a smart Logistics as a Service (LaaS) technology company, today announced the launch of KlearNow Drayage, a cloud-based marketplace that allows importers and drayage partners to negotiate and close drayage business on a single platform. The AI-powered, digitalized platform provides near real-time tracking of containers from origin to destination, extending shipment visibility and data connectivity.
As the global supply chain challenges continue, companies across industries are desperate to speed up and streamline the movement of goods to market. Smart, agnostic, LaaS technology is key to making that happen — and KlearNow is the only LaaS company to incorporate drayage fulfillment and visibility into its existing customs platform, giving exporters and importers unprecedented shipment transparency. KlearNow bridges the gap between customs clearance and drayage, giving full control of the final mile to supply chain stakeholders.
The movement of goods requires communication between shipping lines, ports, terminal operators, truckers, warehouses, and cargo owners. While these different entities have begun to digitalize their internal operations, information is not easily exchanged as cargo moves through the supply chain—driving up costs, creating confusion, delaying shipments, and jeopardizing customer relationships.
Before reaching the final port, international shipments must clear customs at every border, with documentation including invoices, packing lists, bills of lading, arrival notices, and more. Traditionally, document management and data entry have been tedious, manual processes by the customs brokerage team. KlearNow's initial marketplace, KlearNow Customs, digitizes documents and extracts all relevant information using AI and machine learning, sending the customs broker accurate, verified data for customs clearance.
Once a shipment arrives at a port, drayage and trucking companies lack clear carrier and port visibility, making it challenging to coordinate pick-up timing, leaving drivers waiting, unpaid, and running up demurrage charges.
"We developed KlearNow Drayage to complement KlearNow Customers to enable importers to clear customs more efficiently and have access to fundamental drayage data such as carrier capacity and accurate pick-up times. Importers also know if the containers have any shipping line holds and can determine fee payment status," said Sam Tyagi, CEO of KlearNow. "Our customs clearance and drayage marketplace simplifies processes, saves time and reduces costs for importers and drayage partners, while enhancing the end customer experience."
Benefits of KlearNow Customs + Drayage include:
- Active drayage marketplace – connecting importers and drayage providers
- Consolidated visibility from origin port of lading to destination
- Accurate and timely digital documentation for Electronic Customs Records compliance
- Detailed information about pick-up windows to control costs and better planning of warehouse resources
- Increased customer satisfaction with shipment availability information
"In partnering with KlearNow, we've been able to integrate our global brokerage and drayage under one platform to support the business integration and collaboration across multiple partners. Structuring all the fragmented data simplifies our inbound processes and effectively lower our logistics costs," said Dave Cabello, vice president of procurement & global logistics of Trademark Global.
KlearNow is transforming B2B supply chains with its smart Logistics as a Service (LaaS) platform that connects data, people, processes, and organizations to enable new levels of visibility and productivity that reduce logistics costs and create better customer experiences. KlearNow's customs clearance and drayage marketplaces on its AI-powered platform ease supply chain bottlenecks by digitizing paper-based transactions and enabling customs brokers and transporters to deliver superior real-time visibility needs of importers, exporters, and freight forwarders. For more information visit www.klearnow.com.
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SOURCE KlearNow | https://www.kxii.com/prnewswire/2022/06/01/klearnow-launches-platform-streamline-drayage-process-with-enhanced-transparency/ | 2022-06-01T13:46:12Z |
Joe Buck is back in golf at another major, this time the PGA Championship with ESPN. He’ll be sharing his space with the likes of Fred Couples and Charles Barkley, and Peyton and Eli Manning will be sure to drop in.
Buck is leading what amounts to a “ManningCast” next week at Southern Hills.
ESPN, which has the weekday rights to the PGA Championship with extended coverage on ESPN+, says the alternate telecast will be produced in collaboration with Peyton Manning’s Omaha Productions.
Buck, who previously led U.S. Open coverage when it was on Fox Sports from 2015 through 2019, will host the show with Michael Collins of ESPN. The Mannings will be guests at some point during the tournament, and other guests include Couples and Barkley, Troy Aikman, Josh Allen and actor Jon Hamm.
The ManningCast got strong reviews during “Monday Night Football” last year.
“We loved doing ‘Monday Night Football’ with ESPN and the entire Omaha team has been looking forward to producing alternate telecasts that celebrate other sports,” Peyton Manning said. “As one of golf’s majors, the PGA Championship is a perfect place to do our first one for golf and we look forward to working with Joe, Michael and everyone in ESPN’s golf team.”
The alternate telecast will be shown for four hours a day during all four rounds. It will air from 1 p.m. to 2 p.m. EDT on Thursday and Friday during the final hour of live coverage on ESPN+ and then move to ESPN2 for the last three hours (as coverage moves to ESPN). On the weekend, Buck & Co. will be on from 9 a.m. to 10 a.m. on ESPN (live coverage is on ESPN+) and then switch to ESPN+ as live coverage shifts to ESPN until 1 p.m.
CBS Sports has the final six hours of the weekend telecast.
The ManningCast earlier this year extended its deal with “Monday Night Football” to add a fourth year through 2024. ESPN is in the third year of an 11-year agreement to televise the PGA Championship.
MAY DAY
The Wells Fargo Championship had its weakest field since the tournament began in 2003, with Max Homa getting 44 points for winning, down from 60 a year ago.
Was it the one-time move to the TPC Potomac at Avenel Farm because the traditional site, Quail Hollow Club in Charlotte, North Carolina, is hosting the Presidents Cup later this year?
Or are players still trying to figure out a schedule with the PGA Championship now in its third year of being played in May?
Until this year, the fewest ranking points awarded the Wells Fargo winner was 50 on three occasions: 2014 (one year after the greens were a weather-related wreck); 2017 (held at Eagle Point because the PGA was at Quail Hollow) and 2019 (the first year of the PGA Championship moving to May).
The Wells Fargo winner received 60 points last year, and perhaps that was about location — the PGA Championship was at Kiawah Island, about 225 miles from Quail.
Next year the PGA Championship is at Oak Hill in Rochester, New York.
The last two weeks on the PGA Tour featured only one player from the top 15 — Jon Rahm in the Mexico Open (he won) and Rory McIlroy at Wells Fargo (fifth place). Both will have played only once between majors.
The PGA Championship is next week, and the AT&T Byron Nelson has four of the top 10 players and six of the top 15, starting with world No. 1 and Masters champion Scottie Scheffler (who is from Dallas).
Meanwhile, none of the top 15 players in the world will have played more than two times during the five weeks between majors. Brooks Koepka and Hideki Matsuyama are playing the AT&T Byron Nelson this week, their first competition since the Masters.
It will be telling to see what kind of field Wells Fargo attracts next year at Quail Hollow, and whether the less-than-stellar field was more about TPC Potomac or more about May.
US OPEN UPDATE
Now that the PGA Championship field is set, exemptions for the U.S. Open are closing in. Any player among the top 60 in the world ranking after the PGA Championship will not have to go through qualifying.
That made for a small consolation prize for Keegan Bradley after his runner-up finish in the Wells Fargo Championship. Bradley moved up 20 spots to No. 44 and is a lock to stay in the top 60 and avoid qualifying.
Among those outside the top 60 and running out of time are Lee Westwood (No. 64) and Bubba Watson (No. 66). Watson has played in every U.S. Open since 2011.
The top 60 from the June 6 world ranking — Monday of U.S. Open week — also are exempt.
PATH TO LPGA
The LPGA Tour no longer will allow college players to retain their amateur status and compete in the final stage of tour qualifying.
The LPGA in 2018 allowed college players to compete in Q-Series — eight rounds over two weeks — and if they earned LPGA cards, to wait until July to take up membership. That allowed them to finish college or the spring semester. Jennifer Kupcho and Maria Fassi were two examples of that.
Starting this year, college players can still go through the early stages of Q-school, but they would have to turn pro if they make it to the Q-Series and try to earn a card.
Ricki Lasky, the chief tour business and operations officer for the LPGA, said it was all about a level playing field. The LPGA reached its decision after input from LPGA players and the college community.
Players who already have turned pro don’t have another semester of college to fall back on if they don’t make it, a freedom that college players might have.
Key to the decision is allowing college players in the early stages. Anyone making it to the final stage (Q-Series) is assured of Epson Tour status. That would allow them to compete on the developmental circuit and start earning money toward an LPGA card.
“Ensuring all competitors have made the same choice to be a professional player elevates the Q-Series competition and creates the most appropriate options for athletes at different stages of their careers,” Lasky said.
DIVOTS
Kevin Kisner and his wife, Brittany, have received the Augusta University President’s Award for philanthropic support to the Children’s Hospital of Georgia. They pledged $5.3 million to help establish a center for pediatric development, behavioral health and wellness. … S.H. Kim has earned enough Korn Ferry Tour points to assure the 23-year-old South Korean will have a PGA Tour card next season. Carl Yuan of China is the only other player to have reached that level this year. … The Constellation Furyk & Friends tournament made its PGA Tour Champions debut by raising $1.7 million for local charities. … Wells Fargo Championship winner Max Homa is the first player to win a regular PGA Tour event twice on different courses since Brandt Snedeker in the Wyndham Championship in 2007 at Forest Oaks and in 2018 at Sedgefield. Homa won at Quail Hollow in 2019 and TPC Potomac this year. … Ludvig Aberg of Texas Tech, Sam Bennett of Texas A&M and Eugenio Chacarra of Oklahoma State are the three finalists for the Ben Hogan Award that goes to the nation’s top college golfer. The winner will be announced May 23 and receive an exemption the following year to the Charles Schwab Challenge at Colonial.
STAT OF THE WEEK
The last five major champions at Southern Hills are in the World Golf Hall of Fame.
FINAL WORD
“I just feel if I keep putting myself in these positions, hopefully I’ll convert one of them.” — Keegan Bradley, who has failed to convert his last four 54-hole leads on the PGA Tour.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/manningcast-comes-to-golf-as-pga-gets-alternate-telecast/ | 2022-05-11T15:43:27Z |
The Bank of Princeton Announces Second Quarter 2022 Results
Published: Jul. 21, 2022 at 4:01 PM EDT|Updated: 2 hours ago
PRINCETON, N.J., July 21, 2022 /PRNewswire/ -- The Bank of Princeton (the "Bank") (NASDAQ: BPRN) today reported its unaudited results of operations and financial condition for and at the quarter ended June 30, 2022. The Bank reported net income of $6.3 million, or $0.98 per diluted common share, for the second quarter of 2022, compared to net income of $6.0 million, or $0.91 per diluted common share, for the first quarter of 2022, and net income of $5.5 million, or $0.80 per diluted common share, for the second quarter of 2021. The increase in net income, when compared to the three months ended March 31, 2022, was primarily due to an increase of $433 thousand in net interest income and a $66 thousand increase in non-interest income, partially offset by a $160 thousand increase in non-interest expenses and a $33 thousand increase income taxes payable. The increase in net income, when comparing it to the three months ended June 30, 2021, was primarily due to an increase in net interest income of $552 thousand, a $1.0 million decrease in the provision for loan losses and a $94 thousand increase in non-interest income, partially offset by a $746 thousand increase in non-interest expenses and a $97 thousand increase in income tax expense. For the six-month period ended June 30, 2022, the Bank recorded net income of $12.3 million, or $1.89 per diluted common share, compared to $10.4 million, or $1.50 per diluted common share for the same period in 2021, primarily due to a $2.1 million decrease in the Bank's provision for loan losses, a $1.7 million increase in net interest income and a $277 thousand increase in non-interest income, partially offset by a $1.8 million increase in non-interest expenses and an increase in income taxes of $326 thousand.
Highlights for the quarter-ended June 30, 2022 are as follows:
During the six months ended June 30, 2022, the Bank purchased 265,341 shares of common stock of the authorized 324,017 shares of common stock from a second 5% stock buyback program which commenced in 2022 at a weighted average price of $29.17.
Net income for the second quarter of 2022 increased $803 thousand or 14.5% over the same period in 2021.
The Bank decreased its cost of funds on deposits by 15 basis points in the second quarter of 2022 from the same period in 2021.
The ratio of nonperforming loans to total loans continues to be low at 0.07% as of June 30, 2022, compared to 0.09% at December 31, 2021 and 0.23% at June 30, 2021.
President/CEO Edward Dietzler noted that, "The Bank continues to improve its performance with continued credit quality and a strong net interest margin of 4.19% for the quarter and a well-controlled expense base."
Balance Sheet Review
Total assets were $1.63 billion at June 30, 2022, a decrease of $62.5 million, or 3.7% when compared to $1.69 billion at the end of 2021. The primary reason for the decrease in total assets was a decrease in cash and cash equivalents of approximately $111.9 million and a $12.9 million decrease in available-for-sale securities, partially offset by an increase of $61.0 million in net loans. The increase in net loans primarily consisted of a $104.4 million increase in commercial real estate loans and an $11.3 million increase in construction and development loans, partially offset by a decrease of $54.4 million in Payroll Protection Program ("PPP") loans which are no longer being offered by the SBA.
Total deposits at June 30, 2022 decreased $55.1 million, or 3.8%, when compared to December 31, 2021. When comparing deposit products between the two periods, certificates of deposit decreased $18.6 million, money market deposits decreased $12.6 million, interest-bearing demand deposits decreased $12.2 million, non-interest-bearing demand deposits decreased $8.4 million and savings decreased $3.2 million. In addition, the Bank had no outstanding borrowings at June 30, 2022 and December 31, 2021.
Total stockholders' equity at June 30, 2022 decreased $5.2 million or 2.4% when compared to the end of 2021. This decrease was primarily due to the $7.8 million of common stock repurchased in the 2022 buyback program, and a $7.4 million change in the accumulated other comprehensive income (loss) on the available-for-sale investment portfolio associated with an increase in unrealized losses due to the increase in interest rates. These decreases were partially offset by a $9.0 million increase in retained earnings consisting of $12.3 million of net income less $3.3 million of cash dividends recorded during the period. The ratio of equity to total assets at June 30, 2022 and at December 31, 2021, was $13.0% and 12.8%, respectively.
Asset Quality
At June 30, 2022, non-performing assets were $965 thousand, a decrease of $449 thousand, or 31.8%, when compared to the amount at December 31, 2021. This decrease was primarily due to the sale of an other real estate owned property in the amount of $226 thousand and a $203 thousand write-down of a non-performing loan. Troubled debt restructurings ("TDRs") totaled $6.6 million at June 30, 2022 and $6.9 million at December 31, 2021. Three TDR loans totaling $6.0 million are performing in accordance with the agreed-upon terms and there is one TDR loan in non-accrual status as of June 30, 2022.
Review of Quarterly Financial Results
Net interest income was $16.3 million for the second quarter of 2022, compared to $15.9 million for the first quarter of 2022 and $15.7 million for the second quarter of 2021. The increase from the previous quarter was the result of an increase in interest income of $378 thousand, or 2.2% and a decrease in interest expense of $55 thousand. The net interest margin for the second quarter 2022 was 4.19%, increasing 10 basis points when compared to the first quarter of 2022. This increase was primarily associated with an increase of eight basis points in the yield on earning assets. When comparing the same three-month period ended June 30, 2022 and 2021, net interest income increased $552 thousand, which was primarily due to a reduction of 19 basis points on the yield paid on interest-bearing liabilities, partially offset by a $25.7 million increase in the average outstanding balance of interest-bearing deposits. For the six-month period ended June 30, 2022, net interest income was $32.1 million compared to $30.5 million for the six-month period ended June 30, 2021. The increase from the previous six-month period was the result of an increase in interest income of $326 thousand, or 1.0% and a decrease in interest expense of $1.3 million, or 35.6%. The average outstanding balance of earning assets increased by $36.6 million and average outstanding interest-bearing liabilities increased $26.2 million. The rate on total deposits, for the three-month periods ended June 30, 2022 and 2021 was 0.33% and 0.48%, respectively. For the six-month periods ended June 30, 2022 and 2021 the rate on total deposits was 0.34% and 0.54%, respectively.
The Bank did not record a provision for credit losses for both the three-month and six-month periods ended June 30, 2022. The comparable amounts were $1.0 million and $2.1 million for the three months and six months ended June 30, 2021, respectively. The primary reasons for the provision for credit losses for the first and second quarters of 2021 were charge-offs in the amounts of $1.1 million and $1.0 million, respectively. Net recoveries for the three-month and six-month periods ended June 30, 2022 and the prior three-month period ended March 31, 2022, were $12 thousand, $46 thousand and $34 thousand, respectively. The Bank did not make any material changes to the qualitative factors used in determining the level of general reserve needed for management's assessment of the credit quality in the loan portfolio. The coverage ratio of allowance for credit losses to period end loans was 1.19% (excluding PPP loans it was 1.21%) at June 30, 2022, compared to 1.24% (excluding PPP loans it was 1.32%) at December 31, 2021.
Total non-interest income for the second quarter of 2022 increased $94 thousand to $1.1 million, or by 9.2%, when compared to the same period in 2021. This increase was primarily due to a $65 thousand increase in loan fees collected and a $61 thousand increase in service fees, partially offset by a $40 thousand reduction relating to an equity investment that incurred startup costs. For the six-month period ended June 30, 2022, non-interest income increased $277 thousand, or 14.7%, from the same six-month period in 2021, primarily due to a $134 thousand increase in service fees, a $99 thousand increase in other non-interest income and a $34 thousand increase in loan fees collected.
Total non-interest expense for the second quarter of 2022 increased $746 thousand, or 8.6%, when compared to the same period in 2021. This increase was primarily due to $544 thousand increase in salaries and benefits expenses, $167 thousand increase in data processing and communication expenses and a $101 thousand expense related to an OREO property, partially offset by a $96 thousand reduction in professional fees and a $93 thousand reduction in occupancy and equipment expenses. When comparing the quarter ended June 30, 2022 to the immediately prior quarter, non-interest expense increased $160 thousand, or 1.7%, primarily due to increases in OREO expense and other operating expenses. For the six-month period ended June 30, 2022, non-interest expense was $18.7 million, compared to $16.9 million for the same period in 2021. This increase was primarily due to an increase in additional operating costs associated with the Bank's expansion strategy.
For the three-month period ended June 30, 2022, the Bank recorded an income tax expense of $1.6 million, resulting in an effective tax rate of 20.6%, compared to an income tax expense of $1.6 million resulting in an effective tax rate of 21.1% for the three-month period ended March 31, 2022, and compared to an income tax expense of $1.5 million resulting in an effective tax rate of 21.9% for the three-month period ended June 30, 2021. For the six-month periods ended June 30, 2022 and 2021, the income tax expense were $3.3 million (effective tax rate of 20.9%) and $2.9 million (effective tax rate of 22.0%), respectively.
About The Bank of Princeton
The Bank of Princeton is a community bank founded in 2007. The Bank is a New Jersey state-chartered commercial bank with 19 branches in New Jersey, including three in Princeton and others in Bordentown, Browns Mills, Chesterfield, Cream Ridge, Deptford, Hamilton, Lakewood, Lambertville, Lawrenceville, Monroe, New Brunswick, Pennington, Piscataway, Princeton Junction, Quakerbridge and Sicklerville. There are also four branches in the Philadelphia, Pennsylvania area. The Bank of Princeton is a member of the Federal Deposit Insurance Corporation ("FDIC").
Forward-Looking Statements
The Bank of Princeton may from time to time make written or oral "forward-looking statements," including statements contained in the Bank's filings with the FDIC, in its reports to stockholders and in other communications by the Bank (including this press release), which are made in good faith by the Bank pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended.
These forward-looking statements involve risks and uncertainties, such as statements of the Bank's plans, objectives, expectations, estimates and intentions that are subject to change based on various important factors (some of which are beyond the Bank's control). The following factors, among others, could cause the Bank's financial performance to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements: the extent of the adverse impact of the current global coronavirus outbreak on our customers, prospects and business, including related supply chain shortage of goods, as well as the impact of any future pandemics or other natural disasters; civil unrest, rioting, acts or threats of terrorism, or actions taken by the local, state and Federal governments in response to such events, which could impact business and economic conditions in our market area, the strength of the United States economy in general and the strength of the local economies in which the Bank conducts operations; the effects of, and changes in, trade, monetary and fiscal policies and laws, including interest rate policies of the Board of Governors of the Federal Reserve System; inflation, interest rate, market and monetary fluctuations; market volatility; the value of the Bank's products and services as perceived by actual and prospective customers, including the features, pricing and quality compared to competitors' products and services; the willingness of customers to substitute competitors' products and services for the Bank's products and services; credit risk associated with the Bank's lending activities; risks relating to the real estate market and the Bank's real estate collateral; the impact of changes in applicable laws and regulations and requirements arising out of our supervision by banking regulators; other regulatory requirements applicable to the Bank; and the timing and nature of the regulatory response to any applications filed by the Bank; technological changes; acquisitions; changes in consumer spending and saving habits; those risks set forth in the Bank's Annual Report on Form 10-K for the year ended December 31, 2021 under the heading "Risk Factors," and the success of the Bank at managing the risks involved in the foregoing.
The Bank cautions that the foregoing list of important factors is not exclusive. The Bank does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Bank, except as required by applicable law or regulation.
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.mysuncoast.com/prnewswire/2022/07/21/bank-princeton-announces-second-quarter-2022-results/ | 2022-07-21T21:46:01Z |
PHILADELPHIA (AP) — A Baltimore family is suing a Sesame Street-themed amusement park for $25 million in federal court over claims of racial discrimination.
They say multiple costumed characters ignored a 5-year-old Black girl during a meet-and-greet event.
The lawsuit comes in the wake of a video, shared widely on social media, showing two other Black girls apparently being snubbed by a costumed employee during a parade at the park.
Sesame Place apologized in a statement after the video went viral, saying the costumes worn by performers can make it difficult to see below eye level. Park officials said they spoke with the family, apologized, and invited them for a special meet-and-greet with characters.
In the statement, the park also promised more training for its employees.
“For over 40 years Sesame Place has worked to uphold the values of respect, inclusion and belonging, the statement continued. “We are committed to doing a better job making children and families feel special, seen and included when they come to our parks.
The park, designed to mirror the popular kid’s television show Sesame Street, is in Langhorne, outside Philadelphia. | https://cw33.com/news/nexstar-media-wire/black-family-sues-sesame-place-alleging-discrimination/ | 2022-07-28T03:12:01Z |
Which Acer desktop computer is best?
Whether you’re on a budget or looking for your next big gaming rig, Acer desktop computers are vast in their offerings. Still, making sense of the many moving parts in computer hardware can be daunting, especially if you don’t know what you need. But there are several Acer computers that come in all-in-one bundles, allowing you to use them right out of the box.
The Acer Aspire C27 Desktop Computer offers everything you’ll need in a basic computer, including a vivid, 27-inch display.
What to know before you buy an Acer desktop computer
Use
Finding the right Acer desktop computer configurations depends on how you plan to use your PC. Consider whether you plan to use it for work or play and what applications you want to use. This will help you narrow down what kind of hardware you’ll need. If you plan on using it for gaming, opt for a graphics card rather than an integrated graphics chip. If you only plan on sending emails and using the web, an affordable compact PC may work just fine.
Towers vs. all-in-one computers
When discussing computers, you may hear people use the term “tower,” which is part of a classic desktop computer. A tower is simply a box containing internal hardware. Acer’s towers tend to be quite powerful, and many of them are ideal for gaming. However, if you buy a tower, you’ll usually need to purchase a monitor separately.
All-in-one computers house all the internal components a computer needs inside the monitor. AIO computers offer a clutter-free design and mid-tier performance, suitable for most households and basic office functions.
Operating systems
Most Acer desktop computers come with a Windows operating system installed. However, a few budget-level computers from Acer also include Chrome OS, which works great for basic web needs. You can install any OS you download or purchase onto Acer’s computers, which is ideal if you want to use Windows with Mac OS, Linux or another OS.
What to look for in a quality Acer desktop computer
Processor
A computer’s processor, or Central Processing Unit (CPU), is the primary chip that organizes and manages tasks. A computer’s CPU manages high-level functions across devices. It’s extremely difficult to upgrade processors in most computers, so it’s worth investing in a high-quality model.
RAM
Random-access memory (RAM) is a temporary data storage system that lets the computer manage background tasks while prioritizing foreground tasks. You’ll need 8 gigabytes of RAM or more to run high-powered tasks like gaming, media editing and design work.
Storage
Computers need a storage drive to house files. The more storage you have, the more files and applications the computer can hold at one time. There are two types of storage drives widely used today:
- Solid-state drives: Solid-state drives (SSDs) are the fastest type of hard drive storage available today. They feature no moving hardware to access data, so they tend to be most reliable. Keep in mind this type is more expensive than other hard drive types.
- Hard disk drives: Hard disk drives (HDDs) use spinning disks to read and write files. They’re slightly less reliable than SSDs, but they’re also more affordable.
Screen and input devices
Unless you purchase an AIO computer, you’ll need to purchase a screen and input devices, such as a keyboard and mouse. Many come with bundles that include a monitor display, keyboard or mouse with the tower.
How much you can expect to spend on an Acer desktop computer
Affordable Acer desktop computers can cost as little as $200. However, you’ll find mid-tier and high-end Acer AIOs and towers ranging from $400-$2,000.
Acer desktop computer FAQ
Can Acer desktop computers run PC games?
A. Some can, but games require high-performance hardware, so it’s worth checking your computer’s specs before buying. To determine if an Acer computer can run a PC game, you’ll need to compare the system requirements of any games with the hardware inside the computer.
Are Acer desktop computers reliable?
A. Yes. Acer is one of the most respected brands in computers today, largely because of the reliability of its PCs. The company also offers computers across the price spectrum, with high-end computers being the most reliable.
What’s the best Acer desktop computer to buy?
Top Acer desktop computer
Acer Aspire C27 AIO Desktop Computer With 27-Inch HD IPS Display
What you need to know: This computer comes out of the box with everything you need, including a vivid monitor, a mouse and a keyboard.
What you’ll love: This computer features an Intel Core i5 processor and 12GB of DDR4 RAM, offering smooth and powerful performance. It also includes 512GB of SSD storage a webcam with a closing shutter. It comes with Windows 10 and an upgrade to Windows 11.
What you should consider: This computer includes an integrated graphics chip that may have a hard time with high-performance games.
Where to buy: Sold by Amazon
Top Acer desktop computer for the money
Acer Chromebox CXI3 Miniature Desktop Computer With Keyboard and Mouse
What you need to know: This compact desktop computer features basic functionality and comes with a keyboard, mouse and several ports for connecting external devices.
What you’ll love: It includes an Intel Celeron dual-core processor and 4GB of RAM, as well as Chrome OS. It’s an excellent portable option compared to most large desktops, and you can purchase it in a bundle with a monitor.
What you should consider: This computer’s hardware isn’t suitable for gaming or other performance-oriented tasks.
Where to buy: Sold by Amazon
Worth checking out
Acer Nitro 50 Gaming Desktop Computer Bundle With Keyboard and Mouse
What you need to know: This Acer desktop is suitable for nearly any high-level tasks like editing videos, audio and photos.
What you’ll love: It comes with an Intel Core i5 processor, 8GB of RAM and an Nvidia GeForce GTX 1650 graphics card. It also includes 512GB of SSD storage, making it great for installing large games or saving a lot of files.
What you should consider: This computer bundle doesn’t include a monitor.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/desktop-computers-br/best-acer-desktop-computer/ | 2022-04-07T23:58:43Z |
- Revenues of $3.71 billion for Q1 FY23, down 10.5% as compared to prior year period, and down 2.6% on an organic basis
- Diluted Earnings Per Share was $0.43 and Non-GAAP Diluted Earnings Per Share was $0.75 in Q1 FY23
- Q1 FY23 operating cash flow of $163 million, less capital expenditures of $175 million, results in $(12) million of free cash flow, a $292 million improvement over Q1 FY22
- Book-to-bill ratio of 0.87x and trailing twelve-month book-to-bill of 1.06x
- Returned $266 million to shareholders by repurchasing 8.9 million shares in Q1 FY23
ASHBURN, Va., Aug. 3, 2022 /PRNewswire/ - DXC Technology (NYSE: DXC) today reported results for the first quarter of fiscal year 2023.
Mike Salvino, DXC Chairman, President and Chief Executive Officer commented: "Our transformation journey is creating value and we are confident that we are taking the right steps for DXC in the short term that will set us up for success in the long term. I am pleased with the quality of company DXC has become with our stable debt, sound capital allocation strategy, focus on free cash flow generation, investment grade credit profile, improved governance, and our consistent growth in GBS. Our focus now is to accelerate our cost optimization to drive out $500 million in cost by year end, setting the company up for long term success."
Financial Highlights - First Quarter of Fiscal Year 2023
Revenue was $3.71 billion for the first quarter of fiscal year 2023, down 10.5% as compared to prior year period, and down 2.6% on an organic basis. First quarter revenues came in towards the bottom end of our previous guidance range, while organic revenue growth was slightly below the bottom end of our guidance range.
Net income was $103 million, or 2.8% of sales for the first quarter of fiscal year 2023, compared to $282 million, or 6.8% of sales, in the prior year quarter. EBIT was $139 million or 3.7% of sales. Net income and EBIT in the quarter included the following items: amortization of acquired intangible assets of $104 million, restructuring costs of $33 million, gain on disposition of $29 million, a merger related indemnification charge of $10 million, and transaction, separation, and integration costs of $2 million. Excluding these items, Adjusted EBIT margin was 7.0% in the first quarter, a reduction of 100 bps as compared to the prior year quarter.
Diluted earnings per share was $0.43 and Non-GAAP diluted earnings per share was $0.75 for the first quarter of fiscal year 2023. GAAP and Non-GAAP earnings per share were adversely impacted by investments and higher costs, a slower than anticipated ramp of our cost optimization efforts, unfavorable currency fluctuations, and higher than expected tax expense, partially offset by lower interest expense and share count.
On a trailing twelve months basis, the company delivered a book to bill of 1.06x.
During the first quarter of fiscal year 2023, the Company repurchased 8.9 million shares of common stock for a total of $266 million.
Financial Information by Segment
GBS segment revenue was $1,758 million in the first quarter of fiscal year 2023, down 6.8% compared to the prior year period and up 2.8% on an organic basis. The GBS performance was driven by strong growth in the Analytics & Engineering business, where revenue increased 15.7% on an organic basis. GBS segment profit was $210 million and segment profit margin was 11.9%, down 250 bps compared to prior year, due to investments and higher costs and the costs related to the exit of our business in Russia. GBS bookings for the quarter were $1.7 billion for a book-to-bill of 0.98x, and 1.17x on a trailing twelve months basis.
GIS segment revenue was $1,949 million in the first quarter of fiscal year 2023, down 13.5% compared to the prior year period, and down 7.2% on an organic basis. GIS segment organic revenue performance improved slightly, due to a lower level of declines in Security and Modern Workplace revenues, which declined by 0.3% and 16.1% on an organic basis, respectively. GIS segment profit was $127 million with a segment profit margin of 6.5%, a 70 bps margin expansion as compared to first quarter of fiscal year 2022. GIS bookings were $1.5 billion in the quarter for a book-to-bill of 0.77x, and 0.96x on a trailing twelve months basis.
Offering Highlights
In order to better align our reporting with our go-to market strategy, we have recast our offerings compared to prior quarters. The results for our six offerings are as follows:
Cash Flow
Cash flow from (used in) operations was $163 million in the first quarter of fiscal year 2023, as compared to $(29) million in the first quarter of fiscal year 2022, and capital expenditures were $175 million in the first quarter of fiscal year 2023, as compared to $275 million in the first quarter of fiscal year 2022. Free cash flow (cash flow from operations, less capital expenditures) was $(12) million in the first quarter of fiscal year 2023, as compared to $(304) million in the first quarter of fiscal year 2022.
Guidance
The Company's guidance for the second quarter and full fiscal year 2023 is as follows:
*Pension benefit is split between Cost Of Sales (COS) & Other Income:
Fiscal year 2023: $80 million service cost in COS, $280 million pension benefit in Other income
Fiscal year 2022: $88 million service cost in COS, $386 million pension benefit in Other income
The Company reaffirmed its longer-term guidance:
- Positive organic revenue growth of 1% to 3% for fiscal year 2024
- Adjusted EBIT margin of 10% to 11% in fiscal year 2024
- Non-GAAP diluted Earnings Per Share of $5.00 to $5.25 in fiscal year 2024
- Free cash flow of approximately $1.5 billion in fiscal year 2024
- Restructuring and TSI of approximately $100 million in fiscal year 2024
DXC does not provide a reconciliation of Non-GAAP measures that it discusses as part of its guidance because certain significant information required for such reconciliation is not available without unreasonable efforts or at all, including, most notably, the impact of significant non-recurring items. Without this information, DXC does not believe that a reconciliation would be meaningful.
Ken Sharp, Chief Financial Officer, commented: "In Q1 FY23, we continued to drive down uses of cash, including restructuring, transaction, separation and integration expenses, capital expenditures, capital lease originations, and our facility footprint. These initiatives allowed us to deliver a $292 million improvement in free cash flow over the first quarter of FY22. We continued to execute on our capital deployment program, returning $266 million to shareholders by repurchasing 8.9 million shares during the quarter to complete $500 million of our $1 billion repurchase commitment."
Earnings Conference Call and Webcast
DXC Technology senior management will host a conference call and webcast to discuss these results on August 3, 2022, at 5:00 p.m. EDT. The dial-in number for domestic callers is +1 (888) 330-2455. Callers who reside outside of the United States should dial +1 (240) 789-2717. The passcode for all participants is 4164760. The webcast audio and any presentation slides will be available on DXC Technology's Investor Relations website.
A replay of the conference call will be available from approximately two hours after the conclusion of the call until August 10, 2022. The phone number for the replay is +1 (800) 770-2030 or +1 (647) 362-9199. The replay passcode is 4164760.
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.
Forward-Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." Forward-looking statements often include words such as "anticipates," "believes," "estimates," "expects," "forecast," "goal," "intends," "objective," "plans," "projects," "strategy," "target," and "will" and words and terms of similar substance in discussions of future operating or financial performance. Forward-looking statements include, among other things, statements with respect to our future financial condition, results of operations, cash flows, business strategies, operating efficiencies or synergies, divestitures, competitive position, growth opportunities, share repurchases, dividend payments, plans and objectives of management and other matters. These statements represent current expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. Furthermore, many of these risks and uncertainties are currently amplified by and may continue to be amplified by or may, in the future, be amplified by, the ongoing coronavirus disease 2019 ("COVID-19") pandemic and the impact of varying private and governmental responses that affect our customers, employees, vendors and the economies and communities where they operate. Important factors that could cause actual results to differ materially from those described in forward-looking statements include, but are not limited to: the uncertainty of the magnitude, duration, geographic reach of the COVID-19 crisis, its impact on the global economy and the impact of current and potential travel restrictions, stay-at-home orders, vaccine mandates and economic restrictions implemented to address the crisis; our inability to succeed in our strategic objectives; the risk of liability or damage to our reputation resulting from security incidents, including breaches, and cyber-attacks to our systems and networks and those of our business partners, insider threats, disclosure of sensitive data or failure to comply with data protection laws and regulations in a rapidly evolving regulatory environment, in each case, whether deliberate or accidental; our inability to develop and expand our service offerings to address emerging business demands and technological trends, including our inability to sell differentiated services amongst our offerings; our inability to compete in certain markets and expand our capacity in certain offshore locations and risks associated with such offshore locations such as Russia's recent invasion of Ukraine and our exit from the Russian market; failure to maintain our credit rating and ability to manage working capital, refinance and raise additional capital for future needs; our indebtedness; the competitive pressures faced by our business; our inability to accurately estimate the cost of services, and the completion timeline of contracts; execution risks by us and our suppliers, customers, and partners; the risks associated with natural disasters; our inability to retain and hire key personnel and maintain relationships with key partners; the risks associated with prolonged periods of inflation; the risks associated with our international operations, such as risks related to currency exchange rates and Brexit; our inability to comply with governmental regulations or the adoption of new laws or regulations, including social and environmental responsibility regulations, policies and provisions; our inability to achieve the expected benefits of our restructuring plans; inadvertent infringement of third-party intellectual property rights or our inability to protect our own intellectual property assets; our inability to procure third-party licenses required for the operation of our products and service offerings; risks associated with disruption of our supply chain; our inability to maintain effective internal control over financial reporting; potential losses due to asset impairment charges; our inability to pay dividends or repurchase shares of our common stock; pending investigations, claims and disputes and any adverse impact on our profitability and liquidity; disruptions in the credit markets, including disruptions that reduce our customers' access to credit and increase the costs to our customers of obtaining credit; our failure to bid on projects effectively; financial difficulties of our customers and our inability to collect receivables; our inability to maintain and grow our customer relationships over time and to comply with customer contracts or government contracting regulations or requirements; our inability to succeed in our strategic transactions; changes in tax laws and any adverse impact on our effective tax rate; risks following the merger of Computer Sciences Corporation and Enterprise Services business of Hewlett Packard Enterprise Company's businesses, including anticipated tax treatment, unforeseen liabilities and future capital expenditures; and risks following the spin-off of our former U.S. Public Sector business and its related mergers with Vencore Holding Corp. and KeyPoint Government Solutions in June 2018 to form Perspecta Inc., which was acquired by Peraton in May 2021. For a written description of these factors, see the section titled "Risk Factors" in DXC's Annual Report on Form 10-K for the fiscal year ended March 31, 2022, and any updating information in subsequent SEC filings, including DXC's upcoming Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2022.
No assurance can be given that any goal or plan set forth in any forward-looking statement can or will be achieved, and readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events except as required by law.
About Non-GAAP Measures
In an effort to provide investors with supplemental financial information, in addition to the preliminary and unaudited financial information presented on a GAAP basis, we have also disclosed in this press release preliminary Non-GAAP information including: earnings before interest and taxes ("EBIT"), EBIT margin, Adjusted EBIT, Adjusted EBIT margin, Non-GAAP diluted EPS, organic revenues, organic revenue growth, and free cash flow.
We believe EBIT, EBIT margin, Adjusted EBIT, Adjusted EBIT margin, and Non-GAAP diluted EPS provide investors with useful supplemental information about our operating performance after excluding certain categories of expenses. Free cash flow represents cash flow from operations, less capital expenditures.
One category of expenses excluded from Adjusted EBIT, Adjusted EBIT margin, and Non-GAAP diluted EPS, incremental amortization of intangible assets acquired through business combinations, may result in a significant difference in period over period amortization expense on a GAAP basis. We exclude amortization of certain acquired intangible assets as these non-cash amounts are inconsistent in amount and frequency and are significantly impacted by the timing and/or size of acquisitions. Although DXC management excludes amortization of acquired intangible assets primarily customer-related intangible assets, from its Non-GAAP expenses, we believe that it is important for investors to understand that such intangible assets were recorded as part of purchase accounting and support revenue generation. Any future transactions may result in a change to the acquired intangible asset balances and associated amortization expense.
Another category of expenses excluded from Adjusted EBIT, Adjusted EBIT margin, and Non-GAAP diluted EPS, impairment losses, may result in a significant difference in period over period expense on a GAAP basis. We exclude impairment losses as these non-cash amounts, reflect generally an acceleration of what would be multiple periods of expense and do not expect to occur frequently. Further assets such as goodwill may be significantly impacted by market conditions outside of management's control.
We believe organic revenue growth provides investors with useful supplemental information about our revenues after excluding the effect of currency exchange rate fluctuations for currencies other than U.S. dollars and the effects of acquisitions and divestitures in the periods presented. See below for a description of the methodology we use to present organic revenues.
Selected references are made to revenue growth on an "organic basis" so that certain financial results can be viewed without the impact of fluctuations in foreign currency rates and without the impacts of acquisitions and divestitures from "organic basis" financial results, thereby providing comparisons of operating performance from period to period of the business that we have owned during all periods presented. Organic revenue growth is calculated by dividing the year-over-year change in GAAP revenues attributed to organic growth by the GAAP revenues reported in the prior comparable period. This approach is used for all results where the functional currency is not the U.S. dollar.
There are limitations to the use of the Non-GAAP financial measures presented in this press release. One of the limitations is that they do not reflect complete financial results. We compensate for this limitation by providing a reconciliation between our Non-GAAP financial measures and the respective most directly comparable financial measure calculated and presented in accordance with GAAP. Additionally, other companies, including companies in our industry, may calculate Non-GAAP financial measures differently than we do, limiting the usefulness of those measures for comparative purposes between companies.
Condensed Consolidated Statements of Operations
(preliminary and unaudited)
Selected Condensed Consolidated Balance Sheet Data
(preliminary and unaudited)
Condensed Consolidated Statements of Cash Flows
(preliminary and unaudited)
Segment Profit
We define segment profit as segment revenues less costs of services, segment selling, general and administrative, depreciation and amortization, and other income (excluding the movement in foreign currency exchange rates on our foreign currency denominated assets and liabilities and the related economic hedges). The Company does not allocate to its segments certain operating expenses managed at the corporate level. These unallocated costs include certain corporate function costs, stock-based compensation expense, pension and other post-retirement benefits ("OPEB") actuarial and settlement gains and losses, restructuring costs, transaction, separation and integration-related costs, and amortization of acquired intangible assets.
Reconciliation of Non-GAAP Financial Measures
Our Non-GAAP adjustments include:
- Restructuring costs – includes costs, net of reversals, related to workforce and real estate optimization and other similar charges.
- Transaction, separation and integration-related ("TSI") costs – includes costs related to integration, planning, financing and advisory fees and other similar charges associated with mergers, acquisitions, strategic investments, joint ventures, and dispositions and other similar transactions.(1)
- Amortization of acquired intangible assets – includes amortization of intangible assets acquired through business combinations.
- Merger related indemnification - represents the Company's current estimate of potential liability to HPE for indemnification following the outcome of the Oracle v. HPE litigation in June 2022; obligation pursuant to ES-CSC merger.
- Gains and losses on dispositions – gains and losses related to dispositions of businesses, strategic assets and interests in less than wholly-owned entities.(2)
- Debt extinguishment costs – costs associated with early retirement, redemption, repayment or repurchase of debt and debt-like items including any breakage, make-whole premium, prepayment penalty or similar costs as well as solicitation and other legal and advisory expenses.(3)
- Tax adjustments – discrete tax adjustments to impair or recognize certain deferred tax assets, adjustments for changes in tax legislation and the impact of merger and divestitures. Income tax expense of all other (non-discrete) non-GAAP adjustments is based on the difference in the GAAP annual effective tax rate (AETR) and overall non-GAAP provision (consistent with the GAAP methodology).(4)
Non-GAAP Results
A reconciliation of reported results to Non-GAAP results is as follows:
The above tables serve to reconcile the Non-GAAP financial measures to the most directly comparable GAAP measures. Please refer to the "About Non-GAAP Measures" section of the press release for further information on the use of these Non-GAAP measures.
Year-over-Year Organic Revenue Growth
EBIT and Adjusted EBIT
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SOURCE DXC Technology Company | https://www.wibw.com/prnewswire/2022/08/03/dxc-technology-reports-first-quarter-fiscal-year-2023-results/ | 2022-08-03T22:01:00Z |
Gayln Ziegler joins as company experiences rapid growth in iBuyer market
TAMPA, Fla., Sept. 1, 2022 /PRNewswire/ -- IDEAL AGENT®, the premier full-service real estate technology company, hires Gayln Ziegler as SVP of Offers to lead its Cash Offer Platform, IDEAL OFFER™. IDEAL AGENT® recently launched its Cash Offer & Leaseback programs for home sellers and is seeing a rapid increase in demand. The program allows clients the ability to forgo listing, showings, and open houses, providing multiple cash offers through its network of investors, guaranteeing top dollar for home sellers. IDEAL AGENT® provides the most options when selling, allowing the client to close at their convenience or after finding their new home through its multiple lease back options.
Gayln brings over 20 years' experience in real estate, including individual brokerage firm ownership & management, regional launch of Opendoor and most recently COO of Keller Offers, a division of Keller Williams that offers Cash Offers, Concierge, Lease Back, and other offerings. Gayln will lead the growth of the Cash Offer program through development of a proprietary technology platform, expansion of institutional buyer partners, and marketing support for in-network agents guaranteeing clients receive top dollar and a best-in-class home selling experience.
"We're excited to have Gayln join our executive team. Gayln brings a wealth of experience and knowledge in the iBuyer sector to IDEAL AGENT. In an uncertain market with days on the market steadily climbing, Cash Offers are in more demand with home sellers looking to ease the stress of selling with convenience," said Steve Johnston, Founder & CEO of IDEAL AGENT®.
IDEAL AGENT®, recently recognized as the #1 fastest growing real estate company by Inc5000 and Tampa Bay Business Journal, makes the home buying and selling process easy and profitable by providing a seamless online experience matching clients with the top agents, from top brokerages, with variable commissions as low as 2%. IDEAL AGENT® streamlines the real estate transaction connecting all the services including title, mortgage, insurance, warranty, moving, and home services set up, providing clients a seamless experience getting them 5-star results, ranking #1 in real estate on Trust Pilot.
For additional information visit idealagent.com
Tampa-based IDEAL AGENT®, established in 2016, is the nation's fastest-growing, premier, full-service real estate services company. Recognized as a leader in modernizing real estate transactions, IDEAL AGENT® makes the home buying and selling process easy and profitable by providing a seamless online experience, ranking number one in real estate on Trustpilot. IDEAL AGENT®'s free service matches clients with the top 1% local and national agents from top brokerages, including Keller Williams, RE/MAX, Sotheby's, Berkshire Hathaway, and more with variable commissions as low as 2%. IDEAL AGENT® streamlines the real estate transaction connecting all the services including title, mortgage, insurance, warranty, moving, and home services set up providing clients a seamless experience getting them 5-star results. IDEAL AGENT® has earned several accolades for excellence in real estate, sustained revenue growth, and is distinguished as the #1 fastest growing real estate company by Inc5000 and Tampa Bay Business Journal, "The Next 1000" by Forbes, 21 Startups to Watch, USF Fast 56 and Tampa Bay Times Best Places to Work.
CONTACT
Press@idealagent.com
800.941.8857
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SOURCE Ideal Agent | https://www.kxii.com/prnewswire/2022/09/01/ideal-agent-hires-former-keller-offer-coo-lead-cash-offer-platform-ideal-offer/ | 2022-09-01T14:08:49Z |
BOCA RATON, Fla., Aug. 18, 2022 /PRNewswire/ -- AE Industrial Partners, LP ("AEI"), a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, announced today that Marc Duvall, a seasoned executive with decades of operating experience throughout the aerospace supply chain, has joined the firm as an Operating Partner, effective immediately.
"We are excited for Marc to join our talented team of operating partners and leverage his deep experience across our target markets," said David Rowe, Managing Partner of AEI. "Marc's strong knowledge of the aerospace supply chain combined with his proven operating track record will allow him to contribute significantly to a variety of value creation initiatives throughout our growing portfolio."
Mr. Duvall brings more than 40 years of experience with leading aerospace OEMs, having most recently served as President of the Aerostructures division of Collins Aerospace / Raytheon Technologies (formerly Goodrich Aerostructures), which designs, manufactures and services aircraft engine nacelles, thrust reverser systems and aircraft structural components. Prior to this role, he served as President of the Engine Control and Electric Power Systems Division of Goodrich Corporation, and previously held a variety of leadership roles at Honeywell and Allied Signal. Mr. Duvall holds an MBA and BSE from Arizona State University.
"AEI is a proven investor with a differentiated approach to building strategic platforms within the aerospace, defense and space markets, all sectors that I have been dedicated to for decades," said Mr. Duvall. "I look forward to working closely with AEI's investment team and portfolio companies to help define winning strategies, optimize business performance and drive value throughout the portfolio."
About AE Industrial Partners
AE Industrial Partners is a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from our deep industry knowledge, operating experience, and relationships throughout our target markets. AE Industrial Partners is a signatory to the United Nations Principles for Responsible Investment and the ILPA Diversity in Action initiative. Learn more at www.aeroequity.com.
Media Contacts:
Lambert
Jennifer Hurson
jhurson@lambert.com
845.507.0571
Or
Beth Wiegard
bwiegard@lambert.com
954.494.8261
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SOURCE AE Industrial Partners | https://www.kxii.com/prnewswire/2022/08/18/marc-duvall-longtime-aerospace-industry-executive-joins-ae-industrial-partners-an-operating-partner/ | 2022-08-18T11:50:34Z |
Chinese leader Xi Jinping on Friday claimed "true democracy" began in Hong Kong 25 years ago when China assumed control, as he marked a symbolic anniversary for the city transformed by his political crackdown.
"After its return to the motherland, Hong Kong compatriots became masters of their own affairs, Hong Kong people administered Hong Kong with a high degree of autonomy, and that was the beginning of true democracy in Hong Kong," Xi said in a keynote address to Hong Kong officials to mark the 25th anniversary of the handover.
The former British colony is now at the halfway point in the 50-year promise of "a high degree of autonomy," given by Beijing under a framework known as "one country, two systems."
But critics, including Western governments, have accused Beijing of breaching those promises in recent years as it tightened its grip on Hong Kong.
In 2020, a year after anti-government protests had rocked Hong Kong, Beijing imposed a sweeping national security law on the once freewheeling city. Two years later, no opposition lawmakers remain in the Hong Kong legislature, while nearly all of its leading pro-democracy figures, including activists and politicians, have either been forced into exile or imprisoned -- with dozens of them behind bars.
Xi's two-day visit was the first time he had set foot in the city since unleashing the sweeping crackdown.
In his speech, Xi struck a triumphant tone, declaring that Hong Kong had "put an end to chaos and violence," and was ready to "break new ground and take a new leap forward" in the next five years.
He also stressed that Hong Kong must be governed by "patriots" -- namely those loyal to the ruling Communist Party.
"It is a universal rule in the world that political power must be in the hands of patriots. No country or region in the world will allow unpatriotic or even traitorous or treasonous forces and figures to seize power," Xi said.
At the ceremony, Xi swore in John Lee, a former policeman turned security chief, as Hong Kong's new leader, replacing outgoing Chief Executive Carrie Lam.
Lee, who became the face of the national security law after overseeing the arrests of dozens of activists and raids on newsrooms, laid out his vision for a "new chapter for Hong Kong." He claimed the city is just as free and advanced as it has always been -- and vowed to continue its development, with a focus on greater integration with mainland China.
Muted mood in the streets
Earlier in the morning, Lee and hundreds of Hong Kong officials attended a flag-raising ceremony under dark skies next to the city's Victoria Harbor, which kick-started the day of ceremonies.
The pomp and circumstance was largely limited to the Convention and Exhibition Centre on the harbor front. On the streets, the mood was much more muted, due to Covid-19 restrictions, a closing typhoon and heightened security.
Police presence was heavily visible throughout Friday morning, as officers in groups of four patrolled footbridges, sidewalks and subway stations and exits at the commercial districts of Admiralty and Wan Chai.
"There's really nothing to celebrate. The whole ceremony is highly guarded and the public isn't invited anyway, just like how (the government) doesn't want ordinary people to join political discussions anymore," said Tse, a photography enthusiast in his 20s who came to the waterfront to watch the police vessels and helicopters.
In Hong Kong, July 1 was traditionally marked by large-scale pro-democracy marches that thronged its busy main streets. But no protests were seen this year. Most of the city's pro-democracy groups have disbanded following the national security law. And of the organizations that remain, none applied for permits to stage peaceful protests during Xi's trip, according to police.
The few public gatherings that took place on Friday were organized by Beijing's supporters.
In the city's Tsim Sha Tsui district, just across the water from where the formal handover anniversary ceremonies were held, a group of about 30 people gathered to hold up the Chinese national flag and a patriotic banner.
Martin Chan, who was accompanied by his wife and two children, was among the group braving the stormy weather to take advantage of the public holiday.
Chan said his children lived through the 2019 anti-government protests but were still too young to understand why they happened.
"What's important is that Hong Kong is stable and safe now," he said. "We need to respect each other, despite any differences, and also respect mainland China."
Heartbreak and criticism
For pro-democracy politicians and activists who have fled Hong Kong, the anniversary is a poignant event to watch from afar.
Former lawmaker Ted Hui, who left the city for Australia while on bail for what he says are politically motivated charges, said in a Facebook post Friday that the anger in his heart "was never extinguished."
"I feel so strongly about Hong Kong as if I've never left: I can't let go of the place I love, and I can't let go of my comrades in prison," he wrote.
"Hong Kong currently has more than 1,000 political prisoners, in addition to a justice system destroyed by the evil national security law, as well as the total annihilation of free press and democratic society," Hui said.
Another former lawmaker Nathan Law, who fled to the United Kingdom in 2020, said the Hong Kong he once knew had become unrecognizable.
"We exist in struggles and in between the cracks: we left to move towards a promised and ideal Hong Kong. After becoming estranged, we look back at the city that retains its glamorous facade, but this 'new Hong Kong' has lost its resonances, we are still yearning to go back [to our old Hong Kong]," the 28-year-old said in a Facebook post Thursday.
British Prime Minister Boris Johnson said on Thursday the United Kingdom is doing "all it can" to hold China to its commitments over "one country, two systems" in Hong Kong.
"But on the 25th anniversary of the handover, we simply cannot avoid the fact that for some time now, Beijing has been failing to comply with its obligations. It's a state of affairs that threatens both the rights and freedoms of Hong Kongers and the continued progress and prosperity of their home," Johnson said in a video statement.
US Secretary of State Antony Blinken criticized the "dismantling" of freedoms in Hong Kong.
"This date was envisioned as the halfway point of 50 years of promised autonomy under the 'one country, two systems' framework. Yet it is now evident that Hong Kong and Beijing authorities no longer view democratic participation, fundamental freedoms, and an independent media as part of this vision," he said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/xi-jinping-crushed-hong-kongs-opposition-now-he-claims-handover-to-china-marked-beginning-of/article_a9e00c49-251b-595e-afd2-55e132c74283.html | 2022-07-01T07:25:39Z |
LONDON (AP) — The first day of a planned strike at Britain’s biggest container port started Sunday, joining a series of walkouts by transportation workers that have disrupted economic activity across the country.
Almost 2,000 workers at the Port of Felixstowe, located about 150 kilometers (93 miles) northeast of London, walked off the jobs over pay, raising fears of severe supply chain problems. The port handles around 4 million containers a year from 2,000 ships – almost half of the country’s incoming shipping freight.
Sharon Graham, general secretary of Unite, the labor union that called for the strike, alleged the company that operates the “enormously profitable” dock and its parent company, C.K Hutchison Holding Ltd, prioritized shareholder profits over worker welfare.
“They can give Felixstowe workers a decent pay raise. It’s clear both companies have prioritized delivering multimillion-pound profits and dividends rather than paying their workers a decent wage,” she said.
The Port of Felixstowe said in a statement that it regretted the impact the strikes would have on U.K supply chains. It said workers were offered a pay raise “worth over 8% on average in the current year.”
Britons are facing the worst cost of living crisis in decades as wages fail to keep pace with inflation and grocery costs and utility bills increase. The latest statistics put the inflation rate at 10.1%, a 40-year high.
The conditions have sparked summer strikes by train and subway workers following the breakdown of wage talks in June. Only one in five U.K trains ran Saturday during the third railway strike in as many days.
On Friday, most of London’s underground subway lines did not run due to a separate strike. Postal workers, lawyers, British Telecom staff and garbage collectors have all announced walkouts for later this month. | https://cw33.com/news/ap-top-headlines/strike-at-biggest-shipping-port-adds-to-uk-industrial-chaos/ | 2022-08-21T21:25:41Z |
Agency Committed to Using All Available Tools to Stop Online Businesses Illegally Selling Potentially Harmful Drug Products to Consumers
SILVER SPRING, Md., April 12, 2022 /PRNewswire/ -- The U.S. Food and Drug Administration and the U.S. Drug Enforcement Administration recently issued joint warning letters to operators of two websites illegally selling Schedule II stimulants, including amphetamine drug products marketed as Adderall. These websites sell Adderall online without a prescription, which places consumers at risk.
Adderall is an FDA-approved prescription drug that has a high potential for abuse and addiction and should only be used under the supervision of a licensed health care professional. This joint action demonstrates the federal government's ongoing commitment to reduce the public health danger posed by drugs illegally sold online.
"This action underscores the FDA's commitment to use all available regulatory and compliance tools to stop online businesses illegally selling potentially harmful drug products to consumers," said FDA Commissioner Robert M. Califf, M.D. "The illegal sale of prescription drug stimulants online puts Americans at risk and contributes to potential abuse, misuse and overdose. These particular types of online pharmacies also undermine our efforts to help consumers safely purchase legitimate prescription medicines over the internet. FDA will continue partnering with DEA in an effort to safeguard public health and protect consumers who need access to these important medicines."
Illegally marketed prescription drugs pose significant risks to consumers who purchase those products. Consumers who buy prescription drugs from unsafe online pharmacies may put their health at risk because the products, while being marketed as authentic, may be counterfeit, contaminated, expired or otherwise harmful.
The warning letters were issued to:
Consumers should dispose of unused medicine from these websites and not purchase or use prescription drugs sold from these websites without a prescription. The FDA urges consumers to obtain prescription drugs from state-licensed U.S. pharmacies or physicians located in the United States, where the FDA and state authorities can assure the quality of drug manufacturing, packaging, distribution, and labeling.
"These letters are not only a warning to the companies that illegally sell prescription medications, but they also serve as a warning to consumers who have bought or have considered buying medications online without a legitimate prescription," said DEA Administrator Anne Milgram. "Consumers cannot trust the safety or legitimacy of pills sold on unaccredited sites. DEA strongly urges anyone seeking controlled medications to obtain a prescription from a trusted medical professional and have it dispensed by a licensed pharmacy. We will continue working closely with our FDA partners to protect the integrity of the prescription drug supply chain and ensure the safety and health of our communities."
As noted in the warning letters, these websites sell amphetamine drug products, including Adderall, that are misbranded in violation of the Federal Food, Drug, and Cosmetic Act. The website operators also violate the Ryan Haight Online Pharmacy Act (RHA) by failing to register their online pharmacies with the DEA despite knowingly or intentionally advertising the sale of controlled substances. The RHA has, among other provisions, requirements that must be met for controlled substances to be legally distributed and dispensed via the internet. For example, an entity must be registered with the DEA to specifically dispense controlled substances; none of these are currently registered with the DEA to dispense or distribute controlled substances online.
The online operators will have 15 business days to respond to the agencies with specific steps taken or steps they will take to address any violations and to prevent their recurrence.
Additional Resources:
- Warning Letters
- FDA: How to Buy Medicines Safely from an Online Pharmacy
- BeSafeRx: Know Your Online Pharmacy
Media Contact: Lauren-Jei McCarthy, (240) 702-3940
Consumer Inquiries: 888-INFO-FDA
The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation's food supply, cosmetics, dietary supplements, products that give off electronic radiation, and for regulating tobacco products.
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SOURCE U.S. Food and Drug Administration | https://www.kxii.com/prnewswire/2022/04/12/fda-dea-warn-online-pharmacies-illegally-selling-adderall-consumers/ | 2022-04-12T16:42:07Z |
‘A new era’: Canadians should brace for steep summer gas prices, analyst warns
By Nicole Bogart
Click here for updates on this story
Friday, April 15, 2022 (CTV Network) — Canadians should prepare themselves for an expensive summer at the pumps as the price of oil continues to skyrocket, with one analyst warning that a $2 per litre price tag may become a common occurrence in many regions. The warning comes after months of record-high price fluctuations driven by post-pandemic demand for fuel and a decrease in supply, and compounded further by sanctions on Russian oil handed down in March. And while Canadians may have grown used to volatile price swings over the last few months, analysts say Easter weekend price jumps are setting the stage for an even more unpredictable summer market. Prices in the Greater Toronto Area (GTA), for example, are set to soar Saturday, jumping from an average of $173.9 to $185.9 at most gas stations—representing a spike of 23 cents in just 72 hours. “Twenty-three cents per litre increase in the last 72 hours… that’s a rate that I’ve never seen before, it’s unprecedented and it does not bode very well for the summer,” Dan McTeague, president of Canadians for Affordable Energy, told CP24 Friday. McTeague says the jump is due, in part, to the switch from winter to summer gasoline—a yearly event that typically drives prices up. Winter gasoline uses butane, which is cheaper to produce and ignite engines more quickly in colder temperatures. Summer blends, on the other hand, use alkylates, materials more often found in premium gas. This switch usually costs consumers five to eight cents more per litre. “The kind of gasoline you get tends to change from April 15 to September 15. It’s been around for the past 30 years. There’s always a seven or eight-cent premium attached to that,” explained McTeague, noting that regions like the GTA will likely see an average of $1.80 to $1.90 at the pumps over the summer months. “We will see, mark my words, $2 a litre on several days throughout the summer this year.” McTeague says that many factors are compounding the price at the pumps, from a weak Canadian dollar and less investment in traditional fuel sources. But he warns that summer prices could be driven even higher should there be any other disruptions to fuel production or distribution globally, such as a hurricane or pipeline disruptions. “We’re into a new era,” he said. “The Canadian dollar is not responding to higher oil prices, a function of the fact that we’re not building pipelines to markets that desperately need Canadian oil and we have tax upon tax that has been heaped on… all of these things are contributing to make a bad situation worse.”
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
Matthew Talbotmatthew.talbot@bellmedia.ca | https://localnews8.com/cnn-regional/2022/04/16/a-new-era-canadians-should-brace-for-steep-summer-gas-prices-analyst-warns/ | 2022-04-16T21:10:25Z |
Chunky Sacks Hunger will team up with NFL players and teams to drive awareness and donations across local NFL communities
CAMDEN, N.J., Sept. 8, 2022 /PRNewswire/ -- For 25 years, Campbell's® Chunky® has answered the call to fight food insecurity in partnership with the NFL. To further inspire NFL fans to join the fight, Chunky announced the formation of 'Chunky Sacks Hunger' – a program to fight food insecurity and donate one million meals* to people in need this NFL season through a partnership with Feeding America.
More than 38 million people in the United States – including 12 million children – struggle with access to adequate food and nutrition.** Chunky Sacks Hunger strives to "sack" food insecurity by shining a spotlight on the issue and provide food and other much needed donations to fuel local communities across the country. From hosting local events that drive food bank donations to supporting national disaster relief initiatives, the program will be committed to delivering food resources to people who need it most.
"Fueling people through nutritious meals is embedded in Chunky's DNA," said Gary Mazur, Vice President of Marketing, Soup & Broth, Campbell Soup Company. "In today's world, where many continue to face hunger, we're proud to launch Chunky Sacks Hunger and help bring more attention to this issue, while serving our partner communities through our pledge of donating one million meals."
As part of its pledge to donate one million meals, Chunky is partnering with 11 teams across the NFL to host events in their communities. At each event, Chunky will be partnering with a star defensive player to help drive awareness of food insecurity. The list of teams and players include:
- Calais Campbell, Defensive Lineman, Baltimore Ravens
- Eddie Jackson, Safety, Chicago Bears
- Sam Hubbard, Defensive End, Cincinnati Bengals
- Alex Anzalone, Linebacker, Detroit Lions
- De'Vondre Campbell, Linebacker, Green Bay Packers
- Kayvon Thibodeaux, Outside Linebacker, New York Giants
- Jordan Davis, Defensive Tackle, Philadelphia Eagles
- Jordyn Brooks, Linebacker, Seattle Seahawks
- Kevin Byard, Safety, Tennessee Titans
In addition to the Chunky Sacks Hunger player roster, Chunky will continue to work with Los Angeles Rams Head Coach Sean McVay and will be joined this year by Indianapolis Colts running back Jonathan Taylor. Chunky Sacks Hunger will also donate to the communities of Los Angeles and Indianapolis.
To help launch Chunky Sacks Hunger and kick off the work to donate one million meals, Chunky was on the ground at NFL Kickoff in Los Angeles with the Los Angeles Rams to donate 100,000 meals* to the LA Regional Food Bank. Fans can stay up-to-date on community efforts by visiting ChunkySacksHunger.com and following the brand on Instagram and Twitter.
*Per Feeding America's calculations, $1 = 10 meals (https://www.feedingamerica.org/ways-to-give/faq/about-our-claims)
**Source: Feeding America
About Campbell Soup Company
For more than 150 years, Campbell (NYSE: CPB) has been connecting people through food they love. Generations of consumers have trusted Campbell to provide delicious and affordable food and beverages. Headquartered in Camden, N.J. since 1869, Campbell generated fiscal 2021 net sales of nearly $8.5 billion. Our portfolio includes iconic brands such as Campbell's, Cape Cod, Goldfish, Kettle Brand, Lance, Late July, Milano, Pace, Pacific Foods, Pepperidge Farm, Prego, Snyder's of Hanover, Swanson and V8. Campbell has a heritage of giving back and acting as a good steward of the environment. The company is a member of the Standard & Poor's 500 as well as the FTSE4Good and Bloomberg Gender-Equality Indices. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo.
About Feeding America
Feeding America® is the largest hunger-relief organization in the United States. Through a network of more than 200 food banks, 21 statewide food bank associations, and over 60,000 partner agencies, food pantries and meal programs, we helped provide 6.6 billion meals to tens of millions of people in need last year. Feeding America also supports programs that prevent food waste and improve food security among the people we serve; brings attention to the social and systemic barriers that contribute to food insecurity in our nation; and advocates for legislation that protects people from going hungry.
Media Contact:
Meg Patrick
meg.patrick@mslgroup.com
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SOURCE Campbell's | https://www.mysuncoast.com/prnewswire/2022/09/08/campbells-chunky-unveils-chunky-sacks-hunger-program-pledges-donate-one-million-meals-this-nfl-season/ | 2022-09-08T13:46:38Z |
Innovative lifestyle travel company sets digital foundation for growth
CAMPBELL, Calif., June 2, 2022 /PRNewswire/ -- Monos, the travel lifestyle company, has selected Centric Software®'s Product Lifecycle Management (PLM) solution. Centric Software provides the most innovative enterprise solutions to plan, design, develop, source and sell products such as apparel, footwear, sporting goods, furniture, home décor, cosmetics, food & beverage and luxury to achieve strategic and operational digital transformation goals.
Founded in 2018 and based in Vancouver, Canada, Monos targeted an underserved section of the travel market in terms of high quality, well-designed luggage that stands the test of time, all at an affordable price point. The DTC brand's philosophy is mindful travel.
Hubert Chan, Chief Creative Officer and co-founder says, "We started by creating the suitcase we always wanted, but couldn't find. Since those early days, we've expanded our product lineup beyond luggage, branching out into other product categories including bags and apparel. We consider ourselves to be not just a luggage brand, but a travel lifestyle brand. For us, travel is an all-encompassing experience and we want to offer a diverse range of products that reflects that."
The timing of the company's inception unfortunately intersected with the COVID-19 outbreak. Chan acknowledges, "Not long after we launched Monos, and we were starting to see some traction and momentum, the global pandemic essentially shut down worldwide travel. It was a scary time for us as a company."
But in an innovative move, Monos changed gears and came up with a tool that matched the global situation. Chan says, "We knew we had a great team, so rather than dwelling on the situation, we pivoted and shifted our resources into creating the CleanPod UVC Sterilizer, a portable travel wand that uses ultraviolet-C light to disinfect surfaces. With all of our efforts focused on that, we were able to bring it to market in about six weeks. It found an immediate market fit at the height of the pandemic, and generated a lot of PR coverage. That really helped us stay afloat during this time when no one was thinking about travel. From there, we were able to parlay that success into marketing at a time when other travel brands had essentially stopped—through that, we were able to capture market share, and we saw luggage sales pick up again. We also accelerated our product roadmap, launching the Metro collection of bags—the Metro Backpack, Duffel, Folio Kit and Sling—as well as the Kiyo, a travel water bottle that uses UVC technology to purify drinking water. So we were able to not only survive the pandemic, but thrive. And now we're coming out stronger than ever with a lot of exciting new products in the works."
Kathleen Westerhout, Director of Product says, "I recently joined Monos and saw right away that we could use a tool like PLM to help centralize everything in one place. I have 10 years of product design and development experience and have worked at large companies with PLM systems. So I understand how foundational PLM is for a company to be able to grow and scale.
One area that Monos wants to improve is vendor communication. Westerhout says, "Our vendors need to be able to see what we're seeing—the exact same format, exact same information because at the moment, we're using a lot of different tools that don't connect with each other and don't synchronize, so there's a lot of information in different places. It's challenging to stay organized and be on the same page with our vendors."
She describes the PLM selection. "It really came down to a couple of things. First was Centric's option for emerging brands. It fits the stage we're at as a smaller company. Second, is customer experience. From the very beginning, the communication with Centric has been super clear and very professional. They answered all our questions; we feel like a valued customer. What also made the difference, besides choosing the right platform for us, was that we felt like we'd have the support to actually see this project through and be able to build the tool the way that we want. I already have trust in the [Centric] team that they're going to support us for the whole journey."
Chan outlines the expectations for Centric PLM. "To have one source of truth for everything. We'll have all of our materials, trims, everything centralized. We'll get our vendors on board. Even product information on our online site—if something gets updated, we won't have to think of everywhere that it lives on the website to make the changes since we'll have that single source of truth," says Chan.
President and CEO of Centric Software, Chris Groves, says, "We are delighted that Monos, our 20th customer in Canada, has chosen to partner with Centric. They've already proven how innovative and agile they are and we can't wait to see their continued success in the future."
Learn more about Centric PLM
Monos is a Canadian travel and lifestyle brand offering high quality, beautifully designed suitcases, bags, and accessories, and inspiring people to travel in a mindful and present way – to embrace the journey as much as the destination. Thoughtfully designed in Canada with meticulous attention to detail, each Monos suitcase uses only the finest quality parts and materials sourced from around the world. Monos believes that in today's throwaway society of mass consumption, more people are yearning for fewer but better things. With a 'less is more' design approach, Monos is on a mission to unite thoughtful simplicity with exceptional quality in its collection of premium travel goods. For more information, please visit [monos.com](https://www.monos.com/)
From its headquarters in Silicon Valley, Centric Software® provides a Product Concept to Consumer Digital Transformation Platform for fashion, retail, footwear, luxury, outdoor, consumer electronics and consumer goods including cosmetics and personal care and food and beverage. Centric's flagship Product Lifecycle Management (PLM) platform, Centric PLM™, delivers enterprise-class merchandise planning, product development, sourcing, quality and product portfolio optimization innovations specifically for fast-moving consumer industries. Centric Visual Innovation Platform (CVIP) offers highly visual digital board experiences for collaboration and decision-making. Centric Retail Planning is an innovative, cloud-native solution powered by Armonica Retail S.R.L., that delivers an end-to-end retail planning process designed to maximize retail business performance. Centric Software pioneered mobility, introducing the first mobile apps for PLM, and is widely known for connectivity to dozens of other enterprise systems including ERP, DAM, PIM, e-com, planning and more as well as creative tools such as Adobe® Illustrator and a host of 3D CAD connectors. Centric's innovations are 100% market-driven with the highest user adoption rate and fastest time to value in the industry. All Centric innovations shorten time to market, boost product innovation and reduce costs.
Centric Software is majority-owned by Dassault Systèmes (Euronext Paris: #13065, DSY.PA), the world leader in 3D design software, 3D digital mock-up and PLM solutions.
Centric Software has received multiple industry awards and recognition, including being named by Red Herring to its Top 100 Global list in 2013, 2015 and 2016. Centric also received various excellence awards from Frost & Sullivan in 2012, 2016, 2018 and 2021.
Centric Software is a registered trademark of Centric Software Inc. All other brands and product names may be trademarks of their respective owners.
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SOURCE Centric Software | https://www.mysuncoast.com/prnewswire/2022/06/02/monos-selects-centric-plm-go-distance/ | 2022-06-02T12:54:16Z |
Collins Park has annual Fourth of July Parade on Monday morning
Published: Jul. 4, 2022 at 2:08 PM CDT|Updated: 35 minutes ago
TOPEKA, Kan. (WIBW) - One of the Topeka’s largest Fourth of July parades took place again Monday morning in west-central Topeka.
The event started at 11 a.m. near S.W. 15th and Collins.
A Topeka Fire Department engine, antique cars and children on bicycles decorated with red, white and blue streamers were among those who took part in the event.
Many of the spectators sought refuge from the hot sun by finding places in shady areas along Collins Park.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/04/collins-park-has-annual-fourth-july-parade-monday-morning/ | 2022-07-04T19:43:45Z |
A former Boston public high school dean and alleged Latin Kings recruiter pleaded guilty Tuesday to racketeering charges according to a news release from the US Attorney's Office for the district of Massachusetts.
Shaun Harrison entered a plea agreement last week, according to court documents. The plea agreement stated Harrison agreed to enter a guilty plea to conspiracy to conduct enterprise affairs through a pattern of racketeering activity and faces more than 18 years in prison with 36 months of "supervised release" for the crime. An attorney for Harrison said they have no comment on the case.
Harrison worked at Boston's English High school where he was the "dean of academy," CNN previously reported.
Harrison was previously convicted in 2018 for shooting a student he recruited "in the back of the head at point-blank range," officials said, and is currently serving a 25-year sentence.
Officials said Harrison had "attempted to murder a student that he had recruited into the gang and who was selling marijuana in the high school."
While incarcerated, officials say Harrison kept in touch with Latin Kings members, sometimes through jail calls.
Joseph R. Bonavolonta, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division said in a statement, "This former high school dean and self-professed anti-violence advocate was supposed to be looking out for the best interests of his students, when in reality he was living a double life as a Latin King, engaging in violence while recruiting at-risk students to traffic drugs and further the insidious needs of the gang."
Harrison's sentencing hearing for the racketeering charge is scheduled for Nov. 15, 2022, authorities said.
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accounts, the history behind an article. | https://www.albanyherald.com/news/former-school-dean-who-recruited-students-for-latin-kings-gang-enters-plea-agreement-for-racketeering/article_f9950c7d-20dc-5a66-8c6e-282ed1521376.html | 2022-08-11T16:28:52Z |
- Opening of a new 10,000 square-meter building in M'Hamdia
- New clean rooms totalling around 2,400 square meters
M'HAMDIA, Tunisia, May 19, 2022 /PRNewswire/ -- Sartorius, a leading international partner of life science research and the biopharmaceutical industry, is further growing its global production capacity with the expansion of its manufacturing site in Tunisia. Enabling the Germany-based company to increase the production of fluid management technologies, it invested more than 20 million euros for a new 10,000 square-meter building and corresponding operation equipment at its existing M'Hamdia location. The extension includes clean rooms totalling around 2,400 square meters with adjacent warehouse and logistics facilities, among others. Sartorius currently has almost 800 employees in M'Hamdia and anticipates job growth at the site in the future.
The opening ceremony on Thursday, May 19, 2022, was attended by the Governor of Ben Arous, Ezzedine Chelbi, and the Deputy Head of Mission of the German Embassy in Tunisia, Georg Felsheim, as well as representatives of the Ministry of Industry.
"We are significantly investing in the expansion of our worldwide capacities to meet ongoing high demand from the biopharmaceutical industry. The new state-of-the-art fluid management facility in M'Hamdia not only supports this approach but also demonstrates our long-term commitment to Tunisia", said René Fáber, member of the Executive Board for the Bioprocess Solutions Division of Sartorius, on the occasion of the official opening of the new building.
"I am very proud that this project has been completed on time and with great quality. The commitment and collaboration of M'Hamdia's teams is tremendous and I am really looking forward to developing the new expansion together. The increase in capacity will strengthen our importance within the Sartorius production network," said Mohamed Yassine Bouagila, Managing Director and Head of Operations at Sartorius Tunisia.
The site in Tunisia has been in operation since 2001. In 2019, Sartorius established the Sartorius Academy Tunisia, a training center to develop the skills of its employees, especially for new employees joining the plant.
A profile of Sartorius
The Sartorius Group is a leading international partner of life science research and the biopharmaceutical industry. With innovative laboratory instruments and consumables, the Group's Lab Products & Services Division concentrates on serving the needs of laboratories performing research and quality control at pharma and biopharma companies and those of academic research institutes. The Bioprocess Solutions Division with its broad product portfolio focusing on single-use solutions helps customers to manufacture biotech medications and vaccines safely and efficiently. The Group has been annually growing by double digits on average and has been regularly expanding its portfolio by acquisitions of complementary technologies. In fiscal 2021, the company earned sales revenue of some 3.45 billion euros. At the end of 2021, nearly 14,000 people were employed at the Group's approximately 60 manufacturing and sales sites, serving customers around the globe.
Follow Sartorius on Twitter @Sartorius_Group and on LinkedIn.
Contact
Timo Lindemann
Press Relations
+49 (0)551 308 4724
timo.lindemann@sartorius.com
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SOURCE Sartorius AG | https://www.mysuncoast.com/prnewswire/2022/05/19/sartorius-continues-global-capacity-expansion-with-opening-extended-plant-tunisia/ | 2022-05-19T12:37:04Z |
ABILENE, Texas (KTAB/KRBC) – There’s quite a bit of comradery between competitors at the Texas State High School Finals Rodeo (TSHSFR) held at the Taylor County Expo Center in Abilene, but the most fun happens off of the arena floor.
For every rodeo there needs to be a rodeo clown, the lighthearted, fun protector for the bull and bronc riders.
However, at the TSHSFR, its rodeo clown isn’t in the ring and isn’t a clown at all. It’s 10-year-old Ryder Flynn, a spectator and son of one of the cutting horse trainers.
Ryder can be found riding around in a golf cart, with his bright silver Junior Finalist belt buckle, straw hat with a feather in the band and his spurs that clink with every step he takes.
Being a cowboy isn’t just about the looks for Ryder, it’s a lifestyle. However, he told KTAB/KRBC that you have to look the part.
“You got to make it as cowboy as you can get it, just everyday cowboy,” Ryder said. “Wear a cowboy shirt, wear cowboy boots, wear a cowboy hat and be cowboy.”
Simple enough, right? Looking the part is one thing, but breaking horses in the arena to ride and herding cattle through a pasture are the true signs of a real cowboy, according to Ryder.
He calls himself a “super puncher,” the highest form of respect given to cowboys who work cattle on horseback. But to be a super puncher, he said you have to be liked around the rodeo grounds, and this super puncher hasn’t met a stranger.
Flynn waves at anyone and everyone willing to give him a glance, a true people person. But at 10 years old, you would think he’d lose interest pretty quick in the fast-paced rodeo environment.
Fortunately, that is the furthest thing from the truth. As badly as he wants to compete in barrel racing, he said his time will come, but for now he has his eyes set on another prize.
“I just come here for the excitement… And the girls,” Ryder revealed.
A ladies man through and through, Ryder would wink, click his tongue and point his finger guns to any lady he found attractive. He said he knew he would probably leave without a girlfriend, but if one came up and said she knew him, that would be the young lady he’d pursue.
While Ryder was focused on meeting the young ladies competing, his friend Jay Buster Pinds was practicing twirling his plastic pistol on his finger. He had a holster strapped to his hip, quickly drawing his plastic revolver and doing all kinds of tricks.
“I’ve seen it in a lot of movies, and I wanted and like to do it,” Jay said.
Like Ryder, Jay is the son of a well-regarded cutting horse trainer. But while the event was going on, he was locked into what his father was doing inside the arena.
Jay said he wants to be a cutting horse trainer like his dad when he grows up, but wants to focus his career on being a weekend bronco rider.
While both Jay and Ryder have a few years until they are able to compete in the Texas State High School Finals Rodeo, they both say they want to be the most entertaining and funny duo outside the arena. | https://cw33.com/news/texas/cowboyin-around-10-year-olds-teach-basics-on-being-rodeo-cowboys/ | 2022-06-09T22:11:40Z |
The British monarchy’s rules state that “a new sovereign succeeds to the throne as soon as his or her predecessor dies.”
That means Queen Elizabeth II’s eldest son, Prince Charles, became king immediately upon her death.
However, it may be months or even longer before Charles’ formal coronation. In Elizabeth’s case, her coronation came on June 2, 1953 — 16 months after her accession on Feb. 6, 1952, when her father, King George VI, died.
A look at the formalities that take place after Charles accedes to the throne:
— Within 24 hours of a monarch’s death, a new sovereign is proclaimed formally as soon as possible at St. James’s Palace in London by the “Accession Council.” This is made up of officials from the Privy Council, which includes senior Cabinet ministers, judges and leaders of the Church of England, who are summoned to the palace for the meeting.
— Parliament is then recalled for lawmakers to take their oaths of allegiance to the new monarch.
— The new monarch will swear an oath before the Privy Council in St. James’s Palace to maintain the Church of Scotland, according to the Act of Union of 1707.
— The proclamation of the new sovereign is then publicly read out at St. James’s Palace, as well as in Edinburgh, Cardiff and Belfast – the capital cities of the four nations that make up the United Kingdom.
— Charles must declare to Parliament on the first day of its session following the accession, or at the coronation, whichever is first, that he is a faithful Protestant. The oath is mandated by the Accession Declaration Act of 1910.
— He must also take a coronation oath as prescribed by the Coronation Oath Act of 1689, the Act of Settlement of 1701 and the Accession Declaration Act.
— He must be in communion with the Church of England, a flexible rule which allowed King George I and King George II to reign even though they were Lutherans. | https://cw33.com/news/nexstar-media-wire/does-charles-instantly-become-britains-king/ | 2022-09-08T19:16:18Z |
SHANGHAI, Aug. 10, 2022 /PRNewswire/ -- On July 8, S'Young Group Co., Ltd. (S'Young, the Company) (300740.SZ) ( below referred to as S'Young) completed its investment in the French luxury brand PIER AUGÉ and acquired its Chinese business. The team and strategic direction of PIER AUGÉ will remain unchanged, and S'YOUNG will carry out more in-depth cooperation with PIER AUGÉ.
As the preferred China partner for global beauty brands, S'Young is committed to building mutually beneficial and win-win relationships with overseas brands to share the long-term value of China's market growth. Through its original "CP" cooperation model (China Partner + Couple), S'Young has empowered PIER AUGÉ with all-dimensional and omni-channel capabilities, helping the brand develop from 0 to 1 in the Chinese market and establish a niche and unique brand image. This investment marks a reinforcement of the "CP' model, which can provide a higher level of cooperation in equity acquisition, investment, and strategic collaboration according to the wishes and needs of the overseas brand.
Founded in 1961, PIER AUGÉ is a niche French luxury skincare brand with a 61-year history. It has a factory in Paris and is a beloved brand among well-known celebrities such as former French President Francois Hollande, and has received a letter of thanks from former U.S. First Lady Hillary.
In 2020, PIER AUGÉ ended the cooperation with its previous distributor and chose S'Young as the exclusive partner in China, who successfully helped the brand to quickly pervaded the Chinese market within six months. With comprehensive capabilities to empower overseas brands, S'Young has helped PIER AUGÉ achieve a soaring performance in the Chinese market by establishing an official flagship store with brand characteristics, formulating product positioning in line with the beauty trends in the Chinese market, and leveraging its strong social media influence. Besides, S'Young has helped PIER AUGÉ develop an effective brand and marketing strategy for the Chinese market, which has contributed to the long-term positive development of the brand in China. PIER AUGÉ opened its first flagship store on Tmall Global in 2021, and its hero product -- Resourcing Treatment Mask DOUCE AURA -- is now ranked TOP 7 of Tmall's Imported Smear Mask Repurchase List.
As a preferred China partner for global beauty brands, S'Young has cooperated with more than 30 overseas brands, covering skin care, make-up, personal care, fragrance, health care, and men's grooming. The cooperative brands cover many countries and regions from North America, Europe, and the Middle East, including the French cutting-edge laboratory brand LIERAC, the Italian make-up brand KIKO MILANO, the Finnish national skin care brand LUMENE, and the prestige perfume brand AMOUAGE, etc., a testament to S'Young 's strength in diversification and international operation. In 2019, S'Young reached a strategic partnership with Johnson & Johnson to fully undertake the e-commerce business of 14 brands under Johnson & Johnson in the Chinese market, which turned out to be a great success for Dr. Ci:Labo, Listerine and many others.
Regarding this investment and acquisition, Charles DUPONT, General Manager of PIER AUGÉ, stated that "The desire of our new partner is not only to deploy the brand in their domestic market but also to make PIER AUGÉ a global player. Due to this excellent start to 2022, we have revised our objectives upwards, and this partnership also accelerates our investment plan with the aim of conquering main markets before 2026."
This strategic investment in PIER AUGÉ marks another milestone in S'Young's deep collaboration with overseas brand. With its original CP model, S'Young provides brands with diversified and personalized ways of cooperation, while having a perfect and higher level full-path cooperation model, constantly exploring new areas and opening up new heights of cooperation between overseas brands and the Chinese market.
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SOURCE S'Young Group Co., Ltd. | https://www.kxii.com/prnewswire/2022/08/10/syoung-completed-investment-french-luxury-brand-pier-aug-acquired-its-chinese-business-deepening-collaboration-between-overseas-brands/ | 2022-08-10T11:53:08Z |
Former C-suite Executive Alain Brouhard will serve as Supersapiens' Chairman of the Board
ATLANTA, June 23, 2022 /PRNewswire/ -- Supersapiens, powered by Abbott's Libre Sense Glucose Sport Biosensor, announced the appointment of five members to its board of directors: Pam Alexander, Chris Belli, Carl Bilbo, Alain Brouhard, and Phil Southerland. The directors unanimously elected Brouhard as its Chairman of the Board. The US-based company recently announced its initial funding of $13.5 million. With a cap table of investors, operators and professional athletes who reflect and inform its vision and strategy, Supersapiens is ideally positioned to expand its market in the US and worldwide.
In announcing the election of Chairman, Supersapiens' CEO and Founder Phil Southerland made the following statement:
"Alain Brouhard is a forward-thinking, experienced executive with tremendous knowledge across the full spectrum of business - from leading major corporations in the sports world to guiding start-ups from conception to notable success. His experience, skill, and vision will be invaluable to Supersapiens as we continue to educate athletes on how they can utilize our ecosystem to personalize their nutrition strategies and help them achieve their goals. In addition, Alain has challenged me to think bigger, which has compelled us to broaden our vision and strive to make Supersapiens even more impactful than our initial idea. At Supersapiens, we are dedicated to making a mark on both our individual consumer and the industry at large."
Mr. Brouhard assumes the role of Supersapiens Board Chair as the company experiences exponential growth and further fundraising to accelerate marketing expansion. In response to his appointment, he made the following statement:
"I first met Phil via the Swiss Startup Group and was emotionally touched by his personal story of resilience and performance. I was then convinced by and wanted to actively contribute to Supersapiens' vision of becoming the most important sports brand of the decade and Supersapiens' mission of getting the world active and becoming better. With leading-edge technology, a unique Abbott partnership, in-depth science knowledge and outstanding sports assets, Supersapiens has what it takes to become the leading and most innovative performance brand on the markets."
Alain Brouhard is a former C-suite Executive at Fortune 500 Companies with 35 years of international business experience and a strong track record in people leadership, sustainable growth, business turnaround and digital transformation at P&G, adidas, and Coca-Cola. Most recently, Alain was the Regional CEO and the Group CIO at Coca-Cola HBC AG.
Alain now serves on the Board of SettleMint and on the Advisory Board of Starmind Inc and the Swiss Startup Group AG. He is the Founder and CEO of ABConvergence GmbH, an ecosystem of digital business solutions & platforms.
Alain is also a qualified investor, an executive mentor, an affiliate lecturer at Audencia Business School, a member of the Gartner Research Board for Corporate Directors and a Global Ambassador of Singularity U Group.
Alain holds a Master "Grande Ecole" in Management from Audencia Business School (France) and Ohio State University (USA). He is a French national and lives in Zug, Switzerland.
Pam Alexander founded Alexander Communications, a leading technology communications firm acquired by WPP. She advises Gather Ventures, Wild Health, and Outside and consults for other wellness and endurance sports ventures.
Pam is on the Advisory Board of Next Ventures and the Boards of the Aspen Valley Ski Club, the Aspen Valley Hospital Foundation, and the Aspen Community Foundation. She founded Pace Ranch, an endurance sports facility in Tucson, Arizona, which supports cycling development non-profits for underserved youth and women.
Chris Belli is an authority at implementing streamlined solutions for complex situations. After spending over 20 years managing distribution center operations, inbound and outbound transportation, and compliance for International Paper, Dollar Tree, Rite Aid Pharmacy, and Team Novo Nordisk, Chris devoted himself full-time to ensuring that all the systems, resources, and people are in place to make Supersapiens a success and currently serves as Supersapiens' Chief Operating Officer. Additionally, Chris is the founder of TransTrust Logistics.
Chris grew up in St. Louis, Missouri. He earned two bachelor's degrees in Logistics & Transportation and Finance from the University of Tennessee. As an avid runner, it is a goal for Chris to qualify for and run the World's Majors Marathon Series. Chris and his wife Kristy reside in Marietta, GA with their three children.
Carl Bilbo is a Life Science Executive in the Pharma and Med Tech industries. With nearly three decades of experience across commercial and marketing capabilities across multiple geographies, and mixing a deep scientific understanding of pharma, biotech, and devices, Carl brings strong commercial experience to Supersapiens.
With his commercial acumen Carl has dedicated his career to technical innovations and improving the lives of people with serious chronic conditions supported by experiences from Harvard Business School and London Business School. Carl holds a PhD from the Technical University of Denmark.
Carl currently resides in Copenhagen, Denmark with his wife Anne; they have two adult children. He enjoys long-distance running and has completed several marathons.
Supersapiens is the brainchild of Founder and CEO, Phil Southerland. Phil's life, career, and athletic successes are all thanks to CGM technology. The experienced CEO, entrepreneur, public speaker, and global diabetes ambassador founded Team Novo Nordisk, the world's first all-diabetes pro cycling team, and the non-profit Team Type 1 Foundation. Supersapiens is his newest endeavor to change the health of the world. The United Nations, WHO, and World Bank have all recognized Phil for his extraordinary commitment to improving the lives of people living with diabetes.
In addition to Supersapiens, Phil serves as the CEO and Co-Founder of Team Novo Nordisk. Throughout his career, professional highlights include speaking at the United Nations on World Bicycle Day, leading a session at SXSW, and addressing audiences at ADA and AADE.
In addition to cycling, Phil is a passionate skier and deep-water scuba diver. Phil is the author of the book 'Not Dead Yet', which chronicles his life from early diagnosis of diabetes to professional cyclist and his mission to change the face of diabetes on a global scale. Phil is a dedicated and proud father to four. Along with his wife, Dr. Biljana Southerland, and their three young boys, Phil calls Atlanta, Georgia home.
A partnership with global healthcare leader Abbott makes Supersapiens the only energy management system that directly integrates with a Bluetooth-enabled sports CGM (continuous glucose monitor) — Abbott's Libre Sense Glucose Sport Biosensor. Supersapiens offers athletes access to truly meaningful and actionable glucose data with real-time glucose levels that can be viewed on Supersapiens app or their groundbreaking wearable device, the Supersapiens Energy Band, which is the first and only performance wearable that is capable of reading glucose data directly from the Libre Sense Glucose Sport Biosensor. Supersapiens data interpretation tools are leading the future of energy management and human performance.
The Supersapiens system, powered by Abbott's Libre Sense, including the Supersapiens Energy Band, is now available in Austria, France, Germany, Ireland, Italy, Luxembourg, Switzerland, and the United Kingdom. Learn more about the full line of Supersapiens products and purchase Abbott's biosensor at www.supersapiens.com.
Supersapiens is aiming to be the most influential sports brand of the decade. They develop innovative insights around glucose that drive positive changes to unlock better performance and recovery.
Abbott's Libre Sense Glucose Sport Biosensor is intended for athletes to measure their glucose levels. When used with a compatible product, the biosensor allows athletes to correlate their glucose levels and their athletic performance.
The Supersapiens system including Abbott's Libre Sense Glucose Sport Biosensor is not intended for medical use and is not intended for use in screening, diagnosis, treatment, cure, mitigation, prevention, or monitoring of diseases, including diabetes.
The Supersapiens system including Abbott's Libre Sense Glucose Sport Biosensor is not for sale in the U.S. For a full list of references and FAQs, please visit our Education Hub and Knowledge Base.
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SOURCE Supersapiens | https://www.kxii.com/prnewswire/2022/06/23/supersapiens-announces-board-directors-unanimous-election-chairman/ | 2022-06-23T14:45:44Z |
NEW YORK, June 8, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of TG Therapeutics, Inc. ("TG Therapeutics" or the "Company") (NASDAQ: TGTX). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether TG Therapeutics and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On November 30, 2021, TG Therapeutics issued a press release "announc[ing] the U.S. Food and Drug Administration (FDA) has notified the Company that it plans to host a meeting of the Oncologic Drugs Advisory Committee (ODAC) in connection with its review of the pending Biologics License Application (BLA)/supplemental New Drug Application (sNDA) for the combination of ublituximab and UKONIQ® (umbralisib) (combination referred to as U2) for the treatment of adult patients with chronic lymphocytic leukemia (CLL) and small lymphocytic lymphoma (SLL)." TG Therapeutics advised that "[t]he FDA has notified the Company that potential questions and discussion topics for the ODAC include: the benefit-risk of the U2 combination in the treatment of CLL or SLL, and the benefit-risk of UKONIQ in relapsed/refractory marginal zone lymphoma (MZL) or follicular lymphoma (FL). In addition, as part of the benefit-risk analysis, the overall safety profile of the U2 regimen, including adverse events (serious and Grade 3-4), discontinuations due to adverse events, and dose modifications, is expected to be reviewed", stating that "[t]he FDA's concern giving rise to the ODAC meeting appears to stem from an early analysis of overall survival from the UNITY-CLL trial."
On this news, TG Therapeutics' stock price fell $8.16 per share, or 34.93%, to close at $15.20 per share on November 30, 2021.
Then, on April 15, 2022, TG Therapeutics issued a press release "announc[ing] that the Company has voluntarily withdrawn the pending Biologics License Application (BLA)/supplemental New Drug Application (sNDA) for the combination of ublituximab and UKONIQ® (umbralisib) (combination referred to as U2) for the treatment of adult patients with chronic lymphocytic leukemia (CLL) and small lymphocytic lymphoma (SLL)." The press release stated that "[t]he decision to withdraw was based on recently updated overall survival (OS) data from the UNITY-CLL Phase 3 trial that showed an increasing imbalance in OS."
On this news, TG Therapeutics' stock price fell $1.93 per share, or 21.81%, to close at $6.92 per share on April 18, 2022.
Finally, on May 31, 2022, TG Therapeutics issued a press release announcing that the FDA extended the Prescription Drug User Fee Act date for ublituximab to December 28, 2022 "to allow time to review a submission provided by the Company in response to an FDA information request, which the FDA deemed a major amendment."
On this news, TG Therapeutics' stock price fell $0.75 per share, or 14.51%, to close at $4.42 per share on May 31, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/06/09/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-tg-therapeutics-inc-tgtx/ | 2022-06-09T01:52:58Z |
NEW YORK, June 20, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Oscar Health, Inc. ("Oscar" or the "Company") (NYSE: OSCR) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 22-cv-04103, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Oscar Class A common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's March 2021 initial public offering ("IPO" or the "Offering"). Plaintiff pursues claims against under the Securities Act of 1933 (the "Securities Act").
If you are a shareholder who purchased or otherwise acquired Oscar Class A common stock, pursuant and/or traceable to the company's IPO, you have until July 11, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Oscar is a health insurance company that claims to be the first such company "built around a full stack technology platform" which will "allow [Oscar] to continue to innovate like a technology company and not a traditional insurer."
On March 4, 2021, the Company filed its prospectus on Form 424B4 with the Securities and Exchange Commission, which forms part of the Registration Statement. In the IPO, the Company sold 36,391,946 shares of Class A common stock at a price of $39.00 per share. The Company received net proceeds of approximately $1.3 billion from the Offering. The proceeds from the IPO were purportedly to be used to repay in full outstanding borrowings, including fees and expenses, under Oscar's Term Loan Facility ($167 million), and the remainder proceeds were to be used for general corporate purposes.
The complaint alleges that, the Registration Statement was materially false and misleading and omitted to state: (1) that Oscar was experiencing growing COVID-19 testing and treatment costs; (2) that Oscar was experiencing growing net COVID costs; (3) that Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation ("RADV") result relating to 2019 and 2020; (4) that Oscar was on track to be negatively impacted by significant Special Enrollment Period ("SEP") membership growth; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On August 12, 2021, Oscar disclosed that the Company's Medical Loss Ratio ("MLR") for the second quarter of 2021 was 82.4%, an increase of 2170 basis points year-over year. The Company claimed that "[t]he MLR increased to 82.4% in 2Q21 from 60.7% in 2Q20, primarily driven by meaningfully lower utilization in 2Q20 as a result of COVID-19, as well as higher COVID-19 testing and treatment costs and a return to more normalized utilization in 2Q21." The Company also disclosed that its net loss for the quarter was $73.1 million, an increase of $32.1 million year-over-year.
On November 10, 2021, Oscar disclosed that its third quarter 2021 MLR increased 920 basis points year-over-year, to 99.7%. The Company claimed that the MLR increase was "primarily driven by higher net COVID costs as compared to the net benefit in 3Q20, an unfavorable prior year Risk Adjustment Data Validation (RADV) result, and the impact of significant SEP membership growth." The Company also disclosed that its net loss for the quarter was $212.7 million, an increase of $133.6 million year-over-year.
During a conference call held the same day, Scott Blackley, the Company's Chief Financial Officer, stated: "We recognized approximately $20 million of risk adjustment expense this quarter related to our risk adjustment data validation audit or RADV results. The RADV exercise is atypical this year due to COVID. It spans two years, 2019 and 2020. The majority of the RADV headwinds relate to the 2019 audit results, which were recently completed."
On this news, Oscar's share price fell $4.05 per share, or 24.5%, to close at 12.47 per share on November 11, 2021.
By the commencement of this action, Oscar stock has traded as low as $5.47 per share, a nearly 86% decline from the $39.00 per share IPO price.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/06/20/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-oscar-health-inc-class-action-lawsuit-upcoming-deadline-oscr/ | 2022-06-20T13:34:40Z |
Chinese authorities have charged 28 people and detained eight police officials following a brutal assault on a group of women earlier this summer that shocked the country and provoked widespread anger.
The attack at a barbecue restaurant in the early hours of June 10 in the northeastern city of Tangshan saw a women and her three friends repeatedly kicked and punched by a group of men after she rejected one of their advances.
Surveillance footage of the attack -- showing the woman dragged by her hair, hit with bottles and chairs and repeatedly kicked in the head -- caused an outcry in China, with many demanding punishment for the attackers and accountability from the police, who were accused of failing to respond in time.
On Monday, the People's Procuratorate of Hebei province, where Tangshan is located, said in a statement that 28 people had been prosecuted since the case was filed, including the seven men suspected of being involved in the assault.
Prosecutors accused the 28 of committing a series of crimes since 2012, including illegal detention of others, intentional injury, opening casinos and robbery.
Two of the women suffered "second-degree minor injuries" and were discharged from hospital on July 1, while the other two had "slight injuries," according to the prosecutors.
Meanwhile, eight police officials and officers have been detained for suspected corruption and providing "protection" for the gang, the Hebei Provincial Commission for Discipline Inspection and Supervision said in a statement Monday.
They were accused of abuse of power, bending the law for personal gain and bribery, according to the statement.
Authorities also tried to dispel long-running rumors swirling around the case, with the Hebei procuratorate saying claims that some of the women were sexually assaulted or hit by vehicles in an alley adjacent to the restaurant were "false information."
After the attack, the police said in a terse statement that two of the women had been sent to hospital and were in stable condition, while the other two sustained minor injuries.
In the following days, rumors that some of the victims were in far worse condition than authorities claimed spread persistently online, despite repeated denials from the police and hospital officials.
Some alleged the surveillance video captured only part of the attack, and the violence continued off camera in a nearby alleyway -- claims that CNN cannot independently verify. The persistent speculation was fueled by a black hole of information surrounding the victims. None of them -- or their friends and family -- had spoken out since the attack.
On Monday, state broadcaster CCTV released footage from what it said was an interview with one of the victims, who was asked to explain what happened in the alley.
"We were beaten by several men. After the beating, they told us not to call the police or to ask anyone for help, or they would kill us. They then ran away," said the woman, whose voice was altered and identity disguised. She also denied she was run over by vehicles.
In the CCTV report, a police officer involved in the case also denied the rumors, adding that the suspects had stayed in the alleyway for about one minute and 41 seconds.
Which states had the most fatal accidents involving large trucks in 2020? Walkup, Melodia, Kelly & Schoenberger used data from the National Highway Traffic Safety Administration to find out. Click for more.
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SCRANTON, Pa., May 2, 2022 /PRNewswire/ -- Peoples Financial Services Corp., a $3.4 billion community bank based in Scranton, Pennsylvania, today announced that Craig Best, Chief Executive Officer, will present at the D.A. Davidson 24th Annual Financial Institutions Conference on Thursday, May 5, 2022 at 11am (Mountain).
Presentation Materials: Peoples Financial Services Corp. will present its current Investor Presentation, which will be available on the Investor Relations section of Peoples' website (psbt.com) prior to the conference.
Safe Harbor Forward-Looking Statements:
We make statements in this press release, and we may from time to time make other statements regarding our outlook or expectations for future financial or operating results and/or other matters regarding or affecting Peoples Financial Services Corp., Peoples Security Bank and Trust Company, and its subsidiaries (collectively, "Peoples") that are considered "forward-looking statements" as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements may be identified by the use of such words as "believe," "expect," "anticipate," "should," "planned," "estimated," "intend" and "potential." For these statements, Peoples claims the protection of the statutory safe harbors for forward-looking statements.
Peoples cautions you that a number of important factors could cause actual results to differ materially from those currently anticipated in any forward-looking statement. Such factors include, but are not limited to: prevailing economic and political conditions, particularly in our market area; the unfolding COVID-19 crisis and the governmental responses to the crisis; the impact on financial markets from geopolitical conflicts such as the military conflicts between Russia and Ukraine; credit risk associated with our lending activities; credit risk associated with our lending activities; changes in interest rates, loan demand, real estate values and competition; changes in accounting principles, policies, and guidelines; changes in any applicable law, rule, regulation or practice with respect to tax or legal issues; our ability to identify and address cyber-security risks and other economic, competitive, governmental, regulatory and technological factors affecting Peoples' operations, pricing, products and services and other factors that may be described in Peoples' Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission from time to time.
In addition to these risks, acquisitions and business combinations, present risks other than those presented by the nature of the business acquired. Acquisitions and business combinations may be substantially more expensive to complete than originally anticipated, and the anticipated benefits may be significantly harder-or take longer-to achieve than expected. As regulated financial institutions, our pursuit of attractive acquisition and business combination opportunities could be negatively impacted by regulatory delays or other regulatory issues. Regulatory and/or legal issues related to the pre-acquisition operations of an acquired or combined business may cause reputational harm to Peoples following the acquisition or combination, and integration of the acquired or combined business with ours may result in additional future costs arising as a result of those issues.
The forward-looking statements are made as of the date of this release, and, except as may be required by applicable law or regulation, Peoples assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements.
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SOURCE Peoples Financial Services Corp. | https://www.wibw.com/prnewswire/2022/05/02/peoples-financial-services-corp-ceo-craig-best-present-da-davidson-24th-annual-financial-institutions-conference/ | 2022-05-02T22:37:00Z |
CANBERRA, Australia (AP) — Australia’s opposition party promised Tuesday to establish a Pacific defense school to train neighboring armies in response to China’s potential military presence on the Solomon Islands.
The school was among a range of measures that the center-left Labor Party has promised to increase Australia’s engagement in its region if the opposition wins elections on May 21.
Labor has criticized Prime Minister Scott Morrison’s conservative government over a security pact announced last week between China and the Solomon Islands.
Australia and the United States fear the deal could result in a Chinese naval presence less than 2,000 kilometers (1,200 miles) from the northeast Australian coast.
There are also concerns that other Pacific island countries financially weakened by the pandemic and its impact on tourism could be lured by China into similar deals.
Labor foreign affairs spokesperson Penny Wong said Australia needed to restore its place as the partner of choice in the Pacific region.
“Let’s be clear, the prospect of a Chinese base less than 2,000 kilometers from Australia’s coastline is dramatically detrimental to Australia’s security interests,” Wong said. “That has occurred on Mr. Morrison’s watch.”
The Australia-Pacific Defense School would deepen institutional links between the Australian Defense Force and its regional counterparts while supporting the region’s needs, a policy statement said.
Opposition defense spokesperson Brendan O’Connor said Australia currently only provided some training for its neighbors’ commissioned military officers and none for lower ranks.
“In recent years, this government has been derelict when it comes to its relationship with … Pacific island countries,” O’Connor said.
Morrison stood by his government’s record during its nine years in office, saying Australia provided the Pacific with 1.8 billion Australian dollars ($1.3 billion) a year in aid.
Australia was the only country in the world that had a diplomatic mission in each of the countries that make up the Pacific Islands Forum and has provided every country with naval patrol boats.
A Labor government would double funding for Australia’s aerial surveillance of its neighbors’ territorial waters to reduce illegal fishing and help finance clean energy infrastructure projects.
“What they’re effectively saying is they’re going to keep doing what we’ve been doing,” Morrison said, referring to Labor’s Pacific proposals.
Labor also promised to spend an additional AU$525 million ($379 million) over four years on aid to Pacific countries plus East Timor.
The state-owned Australian Broadcasting Corp. would be funded to take more Australian television, radio and online media content to a broader Pacific audience. Partnerships would be built with Pacific broadcasters to carry Australian voices, values and identities to the region to counter Chinese television and radio.
Changes to Australian visas would also make it easier for Pacific Islanders to work and settle in Australia.
Australia is the Solomon Islands’ main security partner and largest donor of foreign aid. Labor has described the Chinese security pact with the island nation as Australia’s biggest policy failure in the Pacific since World War II.
President Joe Biden’s administration has warned that the United States will take unspecified action against the Solomon Islands should the Chinese pact pose a threat to U.S. or allied interests. | https://cw33.com/news/international/ap-international/australian-opposition-party-vows-to-train-pacific-armies/ | 2022-04-27T13:37:20Z |
Monkeypox spreads in Europe, US, baffling African scientists
LONDON (AP) — As more cases of monkeypox are detected in Europe and North America, some scientists who have monitored numerous outbreaks in Africa say they are baffled by the unusual disease’s spread in developed countries.
Cases of the smallpox-related disease haven’t previously been seen among people with no links to central and West Africa. But in the past week, Britain, Spain, Portugal, Italy, U.S., Sweden and Canada all reported infections, mostly in young men who hadn’t previously traveled to Africa.
France, Germany, Belgium and Australia confirmed their first cases of monkeypox on Friday.
“I’m stunned by this. Every day I wake up and there are more countries infected,” said Oyewale Tomori, a virologist who formerly headed the Nigerian Academy of Science and who sits on several World Health Organization advisory boards.
“This is not the kind of spread we’ve seen in West Africa, so there may be something new happening in the West,” he said.
Monkeypox typically causes fever, chills, a rash and lesions on the face or genitals. WHO estimates the disease is fatal for about one in 10 people, but smallpox vaccines are protective and some antiviral drugs are also being developed.
One of the theories British health officials are exploring is whether the disease is being sexually transmitted. Health officials have asked doctors and nurses to be on alert for potential cases, but said the risk to the general population is low.
Outbreaks in Nigeria, which reports about 3,000 monkeypox cases a year, are usually in rural areas, where people have close contact with infected rats and squirrels, according to Tomori. He said the disease is not spread very easily and that many cases are likely missed.
“Unless the person ends up in an advanced health centre, they don’t attract the attention of the surveillance system,” he said.
Tomori hoped the appearance of monkeypox cases across Europe and other countries would further scientific understanding of the disease.
The World Health Organization’s lead on emergency response, Dr. Ibrahima Soce Fall, acknowledged this week that there were still “so many unknowns in terms of the dynamics of transmission, the clinical features (and) the epidemiology.”
On Friday, Britain’s Health Security Agency reported 11 new monkeypox cases, saying that “a notable proportion” of the most recent infections in the U.K. and Europe have been in young men with no history of travel to Africa who were gay, bisexual, or had sex with men.
Authorities in Spain and Portugal also said their cases were in young men who mostly had sex with other men and said those cases were picked up when the men turned up with lesions at sexual health clinics.
Experts have stressed they do not know if the disease is being spread through sex, or other close contact related to sex.
“This is not something we’ve seen in Nigeria,” virologist Tomori said. He said viruses that hadn’t initially been known to transmit via sex, like Ebola, were later proven to do so after bigger epidemics showed different patterns of spread.
The same could be true of monkeypox, Tomori said. “We would have to go back through our records to see if this might have happened, like between a husband and wife,” he said.
In Germany, Health Minister Karl Lauterbach said the government was confident the outbreak could be contained. He said the virus was being sequenced to see if there were any genetic changes that might have made it more infectious.
Rolf Gustafson, an infectious diseases professor, told Swedish broadcaster SVT that it was “very difficult” to imagine the situation might worsen.
“We will certainly find some further cases in Sweden, but I do not think there will be an epidemic in any way. There is nothing to suggest that at present.”
Scientists said that while it’s possible the outbreak’s first patient caught the disease while in Africa, what’s happening now is exceptional.
“We’ve never seen anything like what’s happening in Europe,” Christian Happi, director of the African Centre of Excellence for Genomics of Infectious Diseases, said. “We haven’t seen anything to say that the transmission patterns of monkeypox have been changing in Africa, so if something different is happening in Europe, then Europe needs to investigate that.”
Happi also pointed out that the suspension of smallpox vaccination campaigns after the disease was eradicated in 1980 might inadvertently be helping monkeypox spread. Smallpox vaccines also protect against monkeypox, but mass immunization was stopped decades ago.
“Aside from people in west and Central Africa who may have some immunity to monkeypox from past exposure, not having any smallpox vaccination means nobody has any kind of immunity to monkeypox,” Happi said.
Shabir Mahdi, a professor of vaccinology at the University of Witwatersrand in Johannesburg, said a detailed investigation of the outbreak in Europe, including determining who the first patients were, was now critical.
“We need to really understand how this first started and why the virus is now gaining traction,” he said. “In Africa, there have been very controlled and infrequent outbreaks of monkeypox. If that’s now changing, we really need to understand why.”
___
Geir Moulson in Berlin, Jan M. Olsen in Copenhagen and AP reporters across Europe contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/20/monkeypox-spreads-europe-us-baffling-african-scientists/ | 2022-05-20T14:28:48Z |
BOSTON, July 1, 2022 /PRNewswire/ -- STAG Industrial, Inc. (the "Company") (NYSE: STAG) today announced that the Company will release its second quarter 2022 operating and financial results after market close on Wednesday, July 27, 2022. The Company will host its quarterly earnings conference call on Thursday, July 28, 2022, at 10:00 a.m. Eastern Time.
The call can be accessed live over the phone toll-free by dialing (877) 407-4018, or for international callers, (201) 689-8471. A replay will be available shortly after the call and can be accessed by dialing (844) 512-2921, or for international callers, (412) 317-6671. The passcode for the replay is 13731200.
Interested parties also may listen to a simultaneous webcast of the conference call by visiting the Investor Relations section of the Company's website at www.stagindustrial.com, or by clicking on the following link:
STAG Industrial, Inc. is a real estate investment trust focused on the acquisition, ownership, and operation of industrial properties throughout the United States. As of March 31, 2022, the Company's portfolio consists of 551 buildings in 40 states with approximately 110.1 million rentable square feet.
For additional information, please visit the Company's website at www.stagindustrial.com.
This press release, together with other statements and information publicly disseminated by the Company, contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "will," "expect," "intend," "anticipate," "estimate," "should," "project" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and which could materially affect actual results, performances or achievements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the risk factors discussed in the Company's annual report on Form 10-K for the year ended December 31, 2021 as updated by the Company's quarterly reports on Form 10-Q. Accordingly, there is no assurance that the Company's expectations will be realized. Except as otherwise required by the federal securities laws, the Company disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Source: STAG Industrial, Inc.
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SOURCE STAG Industrial, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/01/stag-industrial-report-second-quarter-2022-results/ | 2022-07-01T21:00:42Z |
OPEC+ opens oil taps gradually as Russian war roils markets
LONDON (AP) — OPEC and allied oil-producing countries decided Thursday to gradually increase the flows they send to the world, even as Europe’s plan to sanction Russian oil threatens to yank millions of barrels off a global market already thirsty for crude.
The cautious approach from the OPEC+ alliance — which includes non-member Russia — will exacerbate a global energy crunch, with prices expected to rise further for oil and the gasoline, diesel and aviation fuel made from it. Those higher prices will worsen global inflation, eating away at people’s ability to spend money that would otherwise support the economic recovery.
At an online meeting, OPEC+ stuck with its road map to gradually open the oil taps, agreeing to add 432,000 barrels per day in June. The plan is to make those regular increases to restore cuts made in 2020 during the worst of the pandemic recession.
Oil prices have risen — more than 40% this year — as the boost in production remains smaller than what the U.S. and other oil-consuming countries are pressing for to ease high prices at the pump.
Bigger surges in oil prices have been held back by COVID-19 lockdowns in China cutting demand and the U.S. and other member countries of the International Energy Agency releasing oil from strategic reserves.
Still, analysts from Rystad Energy foresee the global market potentially losing up to 2 million barrels within six months if the 27 European Union countries approve a proposal to sanction Russian oil. Moscow is expected to see production fall after losing its biggest oil customer — Europe.
OPEC has made it clear to European officials that the oil cartel is not going to increase production to compensate for lost Russian oil. Some OPEC members already can’t meet their oil production quotas.
Russia is the world’s largest oil exporter with some 12% of global supply, and fears its oil and natural gas could be cut off have kept energy prices high. Before the invasion of Ukraine, Russian sent around 3.8 million barrels of oil per day to the European Union, where refineries turn it into gasoline and diesel fuel.
If the EU carries through on its plans to phase out crude imports in six months, Russia could try to sell those barrels to countries in Asia that are not participating in the boycott. But it might not be able to find customers for all of the oil displaced from Europe, even at tempting knockdown prices.
For one reason, there is limited pipeline and rail capacity to Asia. While some oil could be redirected by sea, that will depend on the availability of oil tankers willing to deal with Russian crude, given the risk of sanctions. Banks and companies that insure tanker fleets may be reluctant to facilitate the sale of Russian oil.
“Higher prices could be around the corner,” said Bjornar Tonhaugen, head of oil markets research at Rystad Energy. “The oil market has not fully priced in the potential of an EU oil embargo, so higher crude prices are to be expected in the summer months if it’s voted into law.”
U.S. oil prices rose Thursday, up 1.2% after the meeting to $109.01 per barrel, or 43% higher since the start of the year. International benchmark Brent crude rose 1.7%, to $111.81 per barrel.
The price of crude oil accounts for about 60% of the price at the pump in the United States. Average U.S. gasoline prices stood at $4.19 per gallon Wednesday, up $1.29 from a year ago.
Diesel for trucks and farm equipment has risen even more over a year ago, by $2.34, to $5.43 per gallon.
Drivers in Europe, where taxes make up a larger proportion of the price at the pump, are paying more, too. Gasoline prices are averaging 1.95 euros per liter in Germany, or the equivalent of $7.77 per gallon, while diesel has been at 2.02 euros per liter, or $8.05 per gallon.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/05/russian-war-china-lockdowns-roil-oil-markets-opec-meets/ | 2022-05-05T16:58:19Z |
London, June 13, 2022 /PRNewswire/ -- Fine wine investment platform, WineCap, announces the launch of Wine Track [winecap.com/wine-track], the most comprehensive index available in the market, which enables investors to identify the right, undervalued wines to buy and sell across the global market at the right time and price.
WineCap has developed proprietary technology to collate and analyse Liv-ex and Wine Searcher data, along with over 400,000 wine prices a day collected independently from 250 leading wine merchants across the globe to help wine investors navigate fine wine markets with confidence. Its robust, bespoke scoring system aggregates more than 100 wine critics' scores from 12 publications from around the world to produce a simple and transparent score that marks each wine out of 100. This helps investors reference a wine's quality at a glance, as some critics use different scales to grade wines.
For example, according to Wine Track, Domaine Leroy, Clos de Vougeot Grand Cru's current case price is £65,771 while Chateau de la Tour, Clos de Vougeot Grand Cru, Vieilles Vignes is £1,794, yet the wines are scored almost equally at 94.7 and 93.8 respectively1, and are from the same vineyard in Burgundy. While the former's price is driven by its excellent reputation, the latter presents better value and is significantly more accessible to retail investors looking to build a diversified portfolio.
Wine Track monitors over 75,000 investment grade wines from 1990 to the present day, enabling investors to track how prices have changed over any given period.
Wine Track is the first innovation by WineCap since the platform – whose sister company is Westgarth Wines – launched in April this year with the objective of democratising fine wine investment and making it accessible to a wider cohort of investors.
By leveraging technology and automating processes that were traditionally manual, WineCap passes on large cost savings to investors. Unlike other wine investment firms which charge annual management fees, WineCap levies a modest annual storage fee based on the number of bottles in a portfolio and a 5% commission on sales.
Alexander Westgarth, CEO at WineCap said: "The motivation behind Wine Track is to provide retail investors with a simple and transparent scoring system which pulls together and analyses the key indicators that experts use to navigate the market.
"Wine Track is especially useful for those looking to invest in rare wines. Price points are often skewed when there is a limited secondary market so our price per point scoring system and indexed price performance metrics provide a more reliable and transparent indicator. We will be continually expanding the number of vintages covered by Wine Track so it becomes an increasingly vital source of information for wine investors."
About WineCap
With decades of experience navigating the international fine wine market, Los Angeles, Bordeaux and London based WineCap aims to democratise wine investing while offering propositions that translate into maximised profits for their customers.
Their proprietary in-house technology enables them to continually monitor the global marketplace while also tapping into many other third-party fine wine authorities, securing only the most current and reliable market data, trends and fluctuations.
1Wine Track figures as of 9th June 2022.
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SOURCE WineCap | https://www.kxii.com/prnewswire/2022/06/15/winecap-launches-wine-track-next-generation-wine-index/ | 2022-06-15T11:42:26Z |
LOS ANGELES, May 18, 2022 /PRNewswire/ -- As part of its efforts to spread awareness of the importance of mental health, NAMI Greater Los Angeles County is announcing its annual NAMIWalks event taking place back in person since 2019 on Saturday, May 21, 2022 as part of Mental Health Awareness Month.
The theme this year is Together for Mental Health. The largest annual mental health advocacy event in Southern California, NAMIWalks Los Angeles County raises funds for free programs and services that bring NAMI's message of hope and community to everyone impacted by mental illness. Actress Danielle Nicolet will emcee the event, anticipated to draw 2,000 attendees. Actress Brooke Johnson and Dr. Jonathan Sherin, Director of L.A. County Department of Mental Health (LACDMH) will also be speaking.
The presenting sponsor for the walk is L.A. Downtown Medical Center Foundation. Additional sponsors include Takeda Lundbeck, Positive Encouraging 100.3, Forest Lawn Memorial Parks, The Rotter Family, Centric Brands, Intra-Cellular Therapies, Inc., and Office of Supervisor Hilda Solis, who have chosen this year to provide major support for the walk.
"Culturally, we are seeing that one of the outcomes of the COVID-19 pandemic is that people are more open about talking about their experience with mental health," said Walk Manager Davi Weber. "NAMIWalks creates space for those conversations and breaks down barriers to seeking help."
Danielle Nicolet currently stars on the CW series "The Flash." Brooke Johnson is an actor, model, and Miss Alaska USA 2018. She is starring in the new series "Journey to America" and is featured in the Apple TV+ show "Roar." Dr. Jonathan Sherin is a longtime wellbeing advocate who has worked throughout his career on behalf of vulnerable populations.
NAMI is the nation's largest grassroots mental health organization dedicated to improving the lives of individuals and families affected by mental illness. NAMI works to end stigma by bringing awareness to mental health, providing support, educating the public and advocating for equal care.
To register for the walk event, please click here or go to namiwalks.org/lacounty.
Location: Grand Park, Level 4 (In front of City Hall) 200 N Grand Ave.
Registration Opens: 8:00 AM
About The National Alliance on Mental Illness Greater Los Angeles County (NAMI GLAC)
NAMI GLAC is the leading countywide organization composed of grassroots-based chapters that promote wellness, recovery, equality, and dignity for individuals and families affected by mental illness and the community at large. They work to provide leadership in advocacy, education, support, and public awareness throughout Los Angeles County. Mental illness can be treated, and people living with mental illness can recover to live fulfilling lives. To learn more about how NAMI can help, visit namiglac.org.
All NAMI programs and services are free of charge for individuals living with mental illness and families and friends who care for them.
NAMI Greater Los Angeles County Facebook • NAMI Greater Los Angeles County Instagram
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SOURCE National Alliance on Mental Illness (NAMI), Greater Los Angeles County | https://www.kxii.com/prnewswire/2022/05/18/namiwalks-los-angeles-honors-mental-health-awareness-month/ | 2022-05-18T18:19:15Z |
Judges keeping Capitol riot trials in DC amid bias claims
WASHINGTON (AP) — For some of the Washington, D.C., residents who reported for jury duty last month, a pro-Trump mob’s assault on the U.S. Capitol felt like a personal attack.
Ahead of a trial for a Michigan man charged in the riot, one prospective juror said a police officer injured during the melee is a close friend. Another has friends who are congressional staffers or journalists who worked at the Capitol on Jan. 6, 2021. A woman whose boyfriend lived near the Capitol recalled the terror she felt that day.
None of them served on the federal jury that swiftly convicted Anthony Robert Williams of storming the Capitol to obstruct Congress from certifying Joe Biden’s 2020 presidential electoral victory.
But their personal connections to the riot highlight the challenge facing judges and attorneys in choosing impartial jurors in Washington to decide the hundreds of criminal cases stemming from the insurrection — especially as lawmakers hold high-profile public hearings on the insurrection less than a mile from the courthouse.
One of the most serious cases brought by the Justice Department in the Capitol attack has already been delayed after defense attorneys argued that their clients couldn’t get a fair trial in the midst of televised hearings by the House committee investigating the riot.
And a growing number of defendants are pushing to have their trials moved out of Washington, saying the outcome of the first trials proves that the odds are unfairly stacked against Jan. 6 defendants in the nation’s capital.
“D.C. is a city that, as a whole, feels that it has been the victim of a crime,” attorneys in two cases against members and associates of the far-right Oath Keepers extremist group wrote in court papers seeking to have their trials moved to Virginia.
Prosecutors and judges see no evidence that Capitol rioters can’t get a fair trial in the district and believe the process of weeding out biased jurors is working. Judges presiding over Jan. 6 cases have consistently rejected requests to move trials, saying the capital has plenty of residents who can serve as fair jurors.
Prosecutors’ unblemished record so far in jury trials for Jan. 6 cases may speak to the strength of the evidence against the rioters, many of whom were captured on camera storming the Capitol and even bragged about their actions on social media.
It’s the latest in a string of long-shot legal gambits from defendants charged with crimes ranging from low-level misdemeanors to felony seditious conspiracy. Already more than 300 people across the U.S. have pleaded guilty to crimes stemming from the deadly riot. Collectively, 72 jurors have unanimously convicted six Jan. 6 defendants of all 35 counts in their indictments.
The federal court in Washington — where all the Jan. 6 cases are being heard — has seen plenty of politically charged trials, including those for former Mayor Marion Barry, Iran-Contra figure Oliver North and ex-Trump adviser Roger Stone, prosecutors note.
It’s exceptionally rare for judges to agree to move trials to a different location, even in the most high-profile cases. Boston Marathon bomber Dzhokhar Tsarnaev, for example, was tried in Boston over the objections of his attorneys even though a large number of people in the city were impacted by the attack, which killed three people and wounded more than 260 others.
If Williams, the Jan. 6 defendant, had had his way, his trial would have been held in his native Michigan. His lawyers argued that inflammatory media coverage of the Capitol attack tainted a jury pool that already was predisposed to view him as somebody who victimized them.
Chief Judge Beryl Howell denied Williams’ request for a change of trial venue before jury selection started on June 27. One by one, the judge questioned 49 prospective jurors before seating 12 jurors and two alternates.
Howell disqualified several prospective jurors after questioning them about their personal connections or strong feelings about the events of Jan. 6. The judge asked a woman if her friendship with an officer whose ribs were broken during the riot would prevent her from being fair and impartial.
“My Christianity says, ‘No,’ but my feelings say, ‘Yes,’” the woman replied.
A man married to a USA Today reporter said Jan. 6 is a frequent topic of discussion among their friends who work at the Capitol.
“It would be very difficult to separate those,” he said before Howell excused him.
Howell also disqualified a woman who described herself as “very left biased” and a former New York City resident who said his “deep-rooted” dislike for former President Donald Trump predates his White House years.
The jurors picked for Williams’ trial included a NASA engineer, a moving company employee, a paralegal, a Wall Street regulator and a former State Department employee. None of them expressed any strong opinions about Jan. 6.
More than three dozen Capitol riot defendants have asked to have their trials moved out of Washington, including at least nine who filed their requests in June. None has succeeded so far.
In denying one such request, U.S. District Judge Tanya Chutkan said she agreed with prosecutors that there is no reason to believe that Washington’s entire population was so affected by the events of Jan. 6 that it can’t seat an impartial panel.
“In any U.S. jurisdiction, most prospective jurors will have heard about the events of January 6, and many will have various disqualifying biases,” she wrote.
Before a jury convicted retired New York City police officer Thomas Webster of assaulting a Capitol police officer during the riot, Webster’s lawyer said a survey of Washington residents found that 84% believe Jan. 6 defendants were trying to overturn the 2020 election results and keep Trump, a Republican, in power. The defense attorney, James Monroe, also noted that 92% of Washington residents voted for Biden, a Democrat.
“Given the lopsided political makeup of the District, it is impossible to panel a jury that is not entirely comprised of people preordained to find Webster — a presumed Trump supporter — guilty,” Monroe wrote.
U.S District Judge Amit Mehta rejected the motion, saying the survey shows that nearly half of the Washington residents polled “would keep an open mind in the context of a specific case.”
Members of the Oath Keepers also failed to persuade Mehta to move their trial on seditious conspiracy charges from Washington to Alexandria, Virginia. Their lawyers noted that every Jan. 6 case tried before a jury in Washington has resulted in a conviction.
“That is true, but guilty verdicts are hardly unusual in federal criminal prosecutions,” Mehta wrote. “The mere existence of other guilty verdicts does not mean that the jury pool is inherently tainted.”
Williams’ trial was the first for a Jan. 6 case since a House committee began holding hearings on the Capitol riot, which drew millions of TV viewers.
Defense attorney John Kiyonaga, who represents Capitol riot defendant Robert Morss, said the House committee hearings have “poisoned” the jury pool in Washington. Kiyonaga has asked for his client’s trial to be moved to another district.
“The Committee has spoon fed to the entire nation a precisely choreographed rendition of January 6th defendants as ‘insurrectionists’ and murderous orchestrators of an attempted coup,” Kiyonaga wrote.
A trial was scheduled to start in August for several members of the far-right Proud Boys extremist group charged with seditious conspiracy and accused of plotting to forcibly oppose the lawful transfer of presidential power on Jan. 6.
But U.S. District Judge Timothy Kelly agreed to move the trial to December after lawyers for some Proud Boys members argued they couldn’t pick an impartial jury in the midst of the House committee hearings.
Defense attorney Carmen Hernandez also cited “non-stop prejudicial publicity” from the House committee hearings as grounds for moving the Proud Boys trial to another district, but the judge hasn’t ruled on that yet.
___
Associated Press writer Alanna Durkin Richer in Boston contributed to this report.
___
For full coverage of the Jan. 6 hearings, go to https://www.apnews.com/capitol-siege.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/06/judges-keeping-capitol-riot-trials-dc-amid-bias-claims/ | 2022-07-06T10:41:09Z |
You and your crush have been dating for a few months now, and you've agreed to take the next step by committing to a long-term relationship -- then you hear something that catches you off guard.
They want to quit their job in a year and live off the grid, while you have planned on working in the city and staying close to your family. How did you miss this crucial information? And what now?
"When people first fall in love, where they first feel infatuation, sometimes logic goes out the window," said Deborah Carr, a professor of sociology and director of the Center for Innovation in Social Science at Boston University. "There's lots of data showing that logical thought patterns sometimes get lost in the fray when someone really is very attracted to a person or they're feeling the throes of passion."
Depending how far into a relationship people are, not having assessed certain areas of compatibility early on can have difficult emotional and practical consequences, said Jeremy Nicholson, a Massachusetts-based social psychologist and contributor for Psychology Today.
If you discover you and your partner are incompatible, "you're either in a relationship with somebody you love but makes you miserable because you can't have a healthy relationship with them, or you break up with somebody that you're deeply in love with," Nicholson said. Even though having conversations about priorities early on seems difficult, in the long run, it's actually much easier on your emotions, he added.
Additionally, as commitment increases, the practical aspects of partners' lives often get more intertwined -- "particularly financially," Nicholson added. "So it becomes a bigger problem for you if you haven't had these conversations and then they're spending the rent money, and you both might be homeless."
The dissolution of a relationship "also can be expensive, like when you have to divorce. Cohabitating and then finding a new apartment is very disruptive," Carr said. Sometimes "it really can create difficulties for people and their family and friends when a serious relationship dissolves. So, I think it's important to jump in cautiously and have as much information as possible."
By the time you're considering committing to a serious relationship with someone (or multiple someones), you probably already know their Covid-19 vaccination status, political affiliation or religious beliefs. Here are questions you should ask yourself and your love interests to assess red flags and overall compatibility each step of the way.
Committing long term
When you're considering commitment, ask yourself why you're with this person, what benefits you're gaining and what about them makes you happy, Carr said. "Sometimes the answer is, 'Well I'm lonely, and I need someone.' (But) that's not really sufficient grounds for throwing oneself into a relationship," she added.
"Couples I work with -- who are new and just getting to know one another -- don't often attend as well as they should to their emotional compatibility, the degree to which they're really comfortable with one another, or whether they're just infatuated and attracted to one another," said John Duffy, a psychologist specializing in work with teens, parents, couples and families.
Emotional compatibility is feeling like you can share anything with your partner, versus feeling guarded and as if you have to put on a facade, Duffy added.
"Willingness to commit is fairly easy," Nicholson said, but does your partner want to commit to a short-term or long-term relationship? And what do they even mean by a long-term relationship?
For some people, that looks like having a partnership, getting married or raising children. Is that relationship monogamous, open or polyamorous? Do you -- and do they -- like the idea of living together one day?
Compatibility
In addition to knowing the type of relationship you want, it's important to know how well you align from a practical standpoint on other values, finances and sexual activity.
Watch for value- or character-based red flags early on, such as a lack of financial generosity -- evidenced by behaviors including not appropriately tipping waitstaff -- excessive spending or extreme restriction. Paying attention to early signs of financial compatibility will pay off if you decide to cohabitate, Duffy said.
"It also shows up in other areas of relationships over time," such as how generous they are with their time and attention, including when it comes to your physical needs and desires, he added.
Some people have lifestyles or medical conditions that might influence what they need from a partner. Does the person you're planning to commit to have a substance misuse issue or sobriety journey for which they'll need support? Or will you, and have you communicated that?
How does your partner treat family members, people of different genders and people with whom they have strained relationships? Have they revealed signs of violent or aggressive behavior, such as road rage or snapping over an insignificant event? Do they argue using healthy and open communication, or does it feel cold and abusive?
"Part of the growth is disagreeing in a healthy way and learning and growing from that -- growing together, even, from disagreements and finding your way back to making up with one another," Duffy said. "That's a really important issue to look at when you're gauging the potential longevity of a relationship."
Determining sexual compatibility includes asking what types of physical intimacy are and aren't OK. "That can be everything from toys to oral sex to all kinds of foreplay ... then we get into fetishes and fantasies and things like that," Nicholson said. "If somebody needs a particular thing and the other person can't stand it, then that's kind of a red flag that either needs to be worked through or the relationship might not be able to progress."
Regarding sex, the main questions are what types of activities both partners enjoy, and how often each person wants it, Nicholson said. People also differ in their beliefs about whether having one's sexual needs met is solely their partner's responsibility. Also, what's your partner's sleep routine like, if they have one at all?
"The bigger the disparity there, the more they're going to have things to work out," he said.
"It's in people's best interest to discuss sexually transmitted infections as soon as they become sexually active," Carr added. Couples should discuss sexual health, including birth control and who will be responsible for it and any presumptions about that.
If your loved ones aren't supportive of your partner, will you protect your relationship and set boundaries? What is your partner's relationship like with their own family?
These days with dating apps, you might know something about a person's life goals -- such as whether they want children -- early on. If not, for adults, between three and six months of being together is when having discussions about children is worthwhile, Duffy said.
Cohabitating
Sharing a home with a partner can bring up additional considerations in each important area of compatibility.
When it comes to finances, assess a partner's ability to be conscientious and follow through, Nicholson said. How do they plan to pay off high debts? Do they have a savings account?
Determine whether "they're living an immediate, impulsive lifestyle, or whether they're able to delay gratification, save and basically plan for the future," Nicholson added. Also consider who's going to pay for what and why, whether contributions depend on each person's salary, and if you want to maintain separate or joint accounts.
Expectations about household chores can become contentious if not discussed sooner rather than later. Sometimes people make assumptions based on their cultural background or beliefs about gender roles, Nicholson said. Partners should get a sense of each other's existing beliefs, then discuss what they're comfortable with moving forward. Carr said she typically recommends each person does what they enjoy.
Asking questions about long-term career goals is also critical, Carr added. If your partner foresees a major shift such as moving for a new job, are you expected to move with them? Which person gets to have the shorter commute and why?
Before saying 'I do'
Many of the same compatibility assessments done for cohabitation also apply to marriage, but in the latter case, the expectations become more serious, Carr and Nicholson said.
You might be able to be somewhat flexible with someone's spending habits while living together, but if they're accruing debt and you're going to marry them, their debts will become yours, too, Nicholson said. As your life becomes increasingly tied to theirs, you must be sure you're comfortable with who they are and what they do, because you'll be affected more than before.
Also, "it's very difficult to change people," Carr said. "As people age, they become an amplified version of their younger selves. So if there's a trait in your partner that agitates you when you're 25, that trait will get larger and might be far, far more annoying when one is 50 -- so really ask yourself about the good, the bad and the ugly and what you're willing to accept and not accept in a relationship."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/what-to-ask-yourself-before-taking-your-relationship-to-the-next-level/article_977ef25b-2e00-5780-97b3-37763a568cf0.html | 2022-08-01T09:36:25Z |
Streamlined Entry Protocols Take Effect 19 June 2022
NASSAU, Bahamas, June 15, 2022 /PRNewswire/ -- The Government of The Bahamas is removing another COVID requirement for international travellers. Effective at 12:01 a.m. on Sunday, 19 June 2022, travellers will no longer need to apply for a Bahamas Travel Health Visa in order to enter the country. Travellers will, however, still be required to present a negative COVID-19 test taken no more than three days (72 hours) prior to travel to The Bahamas.
"The discontinuation of the Travel Health Visa is yet another signal to the international community that we are open for business," said the Honourable I. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation. "Throughout the pandemic, we have remained committed to evaluating protocols and adjusting requirements to reflect the current environment. We acknowledge that the Travel Health Visa was a burden for travellers, and we are pleased to be able to eliminate it."
While the streamlined entry protocols are a welcome change, the health and safety of all citizens, residents and visitors remain the priority. Besides having to test negative before flying to The Bahamas, travellers must also follow on-island guidelines for mask wearing and social distancing.
Testing requirements are as follows:
- Vaccinated travellers, as well as children ages 2-11, may present either a negative RT-PCR test or a Rapid Antigen test taken no more than three days (72 hours) prior to travel.
- Unvaccinated travellers ages 12 and older must submit a negative RT-PCR test taken no more than three days (72 hours) prior to travel.
For full details on The Bahamas' current COVID-19 protocols for travellers, please visit Bahamas.com/travelupdates.
With over 700 islands and cays, and 16 unique island destinations, The Bahamas lies just 50 miles off the coast of Florida, offering an easy flyaway escape that transports travellers away from their everyday. The Islands of The Bahamas have world-class fishing, diving, boating and thousands of miles of the earth's most spectacular water and beaches waiting for families, couples and adventurers. Explore all the islands have to offer at www.bahamas.com or on Facebook, YouTube or Instagram to see why It's Better in The Bahamas.
PRESS INQUIRIES
Anita Johnson-Patty
Director, Global Communications
Bahamas Ministry of Tourism, Investments & Aviation
ajohnson@bahamas.com
Weber Shandwick
Public Relations
Bahamas@webershandwick.com
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SOURCE The Bahamas Ministry of Tourism, Investments & Aviation | https://www.kxii.com/prnewswire/2022/06/15/bahamas-eliminates-its-travel-health-visa-requirement-all-travellers/ | 2022-06-15T20:46:52Z |
SAN DIEGO, Aug. 8, 2022 /PRNewswire/ -- Inhibrx, Inc. (Nasdaq: INBX), a biotechnology company with four clinical programs in development and a strong emerging pipeline, today reported financial results for the second quarter of 2022 and provided an update on recent corporate highlights.
Recent Corporate Highlights
- On May 16, 2022, Inhibrx announced topline results from its Phase 1 clinical trial in INBRX-101 showing a favorable safety profile in patients with alpha-1 antitrypsin deficiency, or AATD, and demonstrating the potential to achieve normal functional alpha-1 antritrypsin levels with monthly dosing. The data shows the treatment was well tolerated with no severe or serious adverse events related to the study drug.
- On June 30, 2022, Inhibrx announced completion of its Phase 1 dose escalation of INBRX-105 in combination with Keytruda® and the initiation of Part 4 of the Phase 1 clinical trial.
- On June 30, 2022, Inhibrx announced the receipt of $60.0 million in gross proceeds under its Loan and Security Agreement with Oxford Finance LLC.
Financial Results
- Cash and Cash Equivalents. As of June 30, 2022, Inhibrx had cash and cash equivalents of $176.4 million, compared to $131.3 million as of December 31, 2021.
- R&D Expense. Research and development expenses were $29.9 million during the second quarter of 2022, compared to $17.9 million during the second quarter of 2021. During the period, Inhibrx's clinical trial expenses increased, both for its Phase 1 trials as they continue to progress, including the purchase of Keytruda as used in combination studies in its INBRX-105 trial, as well as its continued expenses related to the INBRX-109 potentially registration-enabling Phase 2 trial which was initiated during the second quarter of 2021. The organization also incurred increased contract manufacturing expenses due to greater production run costs at its contract development and manufacturing organization partners, including drug substance batch manufacturing in preparation for a Phase 2 trial supply and pilot batch production for one of its preclinical candidates. Personnel-related costs also increased during the period, which is attributable to an increase in headcount as Inhibrx continues to expand its clinical operations and technical operations teams.
- G&A Expense. General and administrative expenses were $5.4 million during the second quarter of 2022, compared to $2.9 million during the second quarter of 2021. This overall increase was primarily driven by an increase in additional personnel-related costs due to an increase in headcount as the organization builds out its commercial strategy team. In addition, Inhibrx incurred market research expenses related to its continued pre-commercialization efforts for INBRX-101 and INBRX-109.
- Net Loss. Net loss was $37.7 million during the second quarter of 2022, or $0.97 per share, compared to $20.7 million during the second quarter of 2021, or $0.55 per share.
About the Inhibrx sdAb Platform
Inhibrx utilizes diverse methods of protein engineering in the construction of therapeutic candidates that can address the specific requirements of complex target and disease biology. A key tool for this effort is the Inhibrx proprietary single-domain antibody, or sdAb, platform, which enables the development of therapeutic candidates with attributes superior to other monoclonal antibody and fusion protein approaches. This platform allows the combination of multiple binding units in a single molecule, enabling the creation of therapeutic candidates with defined valency or multiple specificities that can achieve enhanced cell signaling or conditional activation. An additional benefit of this platform is that these optimized, multi-functional entities can be manufactured using the established processes that are commonly used to produce therapeutic proteins.
About Inhibrx, Inc.
Inhibrx is a clinical-stage biotechnology company focused on developing a broad pipeline of novel biologic therapeutic candidates in oncology and orphan diseases. Inhibrx utilizes diverse methods of protein engineering to address the specific requirements of complex target and disease biology, including its proprietary sdAb platform. Inhibrx has collaborations with 2seventy bio (formerly bluebird bio), Bristol-Myers Squibb and Chiesi Farmaceutici S.p.A. For more information, please visit www.inhibrx.com.
Forward Looking Statements
Inhibrx cautions you that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. These statements are based on Inhibrx's current beliefs and expectations. These forward-looking statements include, but are not limited to, statements regarding: Inhibrx's and its investigators' judgments and beliefs regarding the strength of Inhibrx's pipeline and the observed safety and efficacy to date of its therapeutic candidates; future clinical development of Inhibrx's therapeutic candidates; evaluations and judgments regarding Inhibrx's cash position; and statements and judgments regarding its partnership and relationship with Oxford. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in Inhibrx's business, including, without limitation, risks and uncertainties regarding: the initiation, timing, progress and results of its preclinical studies and clinical trials, and its research and development programs; its ability to advance therapeutic candidates into, and successfully complete, clinical trials; its interpretation of preclinical data and initial, interim or preliminary data from its clinical trials, including interpretations regarding disease control and disease response; the timing or likelihood of regulatory filings and approvals; the successful commercialization of its therapeutic candidates, if approved; the pricing, coverage and reimbursement of its therapeutic candidates, if approved; its ability to utilize its technology platform to generate and advance additional therapeutic candidates; the implementation of its business model and strategic plans for its business and therapeutic candidates; its ability to successfully manufacture therapeutic candidates for clinical trials and commercial use, if approved; its ability to contract with third-party suppliers and manufacturers and their ability to perform adequately; the scope of protection it is able to establish and maintain for intellectual property rights covering its therapeutic candidates; its ability to enter into strategic partnerships and the potential benefits of these partnerships; its estimates regarding expenses, capital requirements and needs for additional financing and financial performance; its expectations regarding the impact of the COVID-19 pandemic on its business; and other risks described from time to time in the "Risk Factors" section of its filings with the U.S. Securities and Exchange Commission, including those described in its Annual Report on Form 10-K as well as its Quarterly Reports on Form 10-Q, and supplemented from time to time by its Current Reports on Form 8-K. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Inhibrx undertakes no obligation to update these statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Investor and Media Contact:
Kelly D. Deck
Chief Financial Officer
kelly@inhibrx.com
858-795-4260
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SOURCE Inhibrx Inc. | https://www.wibw.com/prnewswire/2022/08/08/inhibrx-reports-second-quarter-2022-financial-results-recent-corporate-highlights/ | 2022-08-08T23:00:24Z |
HENDERSONVILLE, N.C., April 11, 2022 /PRNewswire/ -- The thousands of four-wheel adventure enthusiasts attending this year's Easter Jeep Safari in Moab, Utah, will be able to see several of the latest off-road suspension technologies from Tenneco's globally respected Ӧhlins® Racing business.
Öhlins is making its Moab debut during this year's nine-day Jeep enthusiast event and will be represented by executives of Öhlins Racing USA as well as Robin Vesterlund, the Sweden-based research and development engineer behind the brand's growing portfolio of off-road products.
"We are pleased to continue to expand Öhlins' presence in North America, particularly among dedicated enthusiasts who are looking for the world's finest suspension technologies," said Scott MacDonald, CEO, Öhlins Racing USA. "Our brand is now helping drivers and teams maximize performance at the highest levels of professional racing as well as in the most demanding off-road environments worldwide."
Among the latest Öhlins products for off-roaders are highly advanced shock package for 2007 and newer Jeep Wrangler and Gladiator models. Designed for use with lifts ranging from 2" to 5", these shocks feature the brand's rally-proven Progressive Damping System (PDS), also referred to as an internal hydraulic bump stop that protects against bottoming out of the suspension in extreme conditions.
Each shock also includes Ӧhlins' industry-leading pressure balanced design, which prevents cavitation. The two-way independently adjustable compression AND rebound damping, enables drivers to tune their suspensions to a wide range of on- and off-road environments, as well as match the increased weight from accessories and unique wheel/tire packages. Also included are sealed, spherical upper and lower ball joints for precise, low-friction movement and body control.
The Ӧhlins aluminum body shocks utilize piggyback and remote reservoirs connected by three-way, high-pressure stainless-steel hose. The shocks also feature internal hydraulic bump stops, internal check-valve system that separates compression and rebound adjustment, and rear rock guards. The products are covered by a premium, two-year limited warranty.
For more information about innovative Öhlins technologies, please visit www.ohlins.com.
Öhlins Racing has been an integrated part of the motorsport industry as well as the motorcycle and automotive industry for over 45 years. Our focus has always been on high-quality products, service and support, all the way from Formula 1 circuits to the local, national racing events in over 50 distributing countries.
For more information visit www.ohlins.com.
Tenneco is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with full year 2021 revenues of $18 billion and approximately 71,000 team members working at more than 260 sites worldwide. Through our four business groups, Motorparts, Performance Solutions, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
Visit www.tenneco.com to learn more.
Press Contact:
Viveca Lof
Marketing Communications Manager
Viveca.Lof@driv.com
Simonetta Esposito
Senior Communications Manager
Sesposito@driv.com
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SOURCE Tenneco Inc. | https://www.mysuncoast.com/prnewswire/2022/04/11/world-renowned-hlins-racing-brand-showcasing-latest-suspension-technologies-legendary-easter-jeep-safari/ | 2022-04-11T21:33:58Z |
WASHINGTON, July 11, 2022 /PRNewswire/ -- The National Pork Producers Council (NPPC) released a new economic report highlighting how America's pig farmers are significant contributors to the United States' agricultural and overall economy. The report highlights pork industry value chain contributions and growth over the past five years.
"This report underscores how the pork industry is an important pillar to the U.S. economy and the positive ripple effect it has on many other important sectors in the American supply chain," said Holly Cook, NPPC staff economist. "From farm to fork, the combined economic contribution from hog production and pork processing supports more than 600,000 American jobs and generates $178 billion of direct, indirect and induced sales that equate to $57 billion in value-added GDP."
Key takeaways in the report include:
- The pork industry supports 613,823 direct and indirect jobs in the United States.
- In 2021, more than 66,000 pig farms sold more than 140 million hogs worth over $28 billion in gross cash receipts. And the number of U.S. pig farms has grown since 2012.
- Farming and processing sectors are responsible for supporting more than $35 billion in personal income and boosts economic activity in related services such as trucking, grain elevators, insurance and other rural-based businesses.
- In 2021, approximately 25% of U.S. pork was exported abroad, which equates to 7 billion pounds of pork valued at $8 billion. In addition, exports added more than $62 per head in value to each pig marketed in 2021.
- The pork industry generates significant economic activity through its purchase of inputs. Feed inputs, such as corn and soybean meal, account for an estimated 56% of total U.S. production costs.
"It's vital to share this economic snapshot as America's pork producers continue to engage with regulators and policymakers, food companies and others to convey how our businesses directly and indirectly impact the larger economy," said Terry Wolters, NPPC president and owner of Stoney Creek Farms in Pipestone, Minnesota. "As a producer, this analysis makes me proud to see the impact I have being part of the thriving U.S. pork industry."
In addition to the national report, NPPC released 22 state-level economic reports. These reports highlight how the pork industry contributes at a grassroots level and shows the breadth of the industry producing affordable, safe and nutritious pork for consumers here and abroad.
View more pork industry economic data at NPPC.org/The-Pork-Industry.
NPPC is the global voice for the U.S. pork industry, protecting the livelihoods of America's 66,000 pork producers who abide by ethical principles in caring for their animals; in protecting the environment and public health; and in providing safe, wholesome, nutritious pork products to consumers worldwide. For more information, visit www.nppc.org.
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SOURCE National Pork Producers Council | https://www.wibw.com/prnewswire/2022/07/11/new-report-highlights-us-pork-industry-contributions-american-jobs-economy/ | 2022-07-11T20:43:06Z |
Eco Material Site to Convert Ash into Concrete for Bridges, Roads, and Other Key Infrastructure Needs, Reducing Pollution in the Process
PRESCOTT, Ariz., June 21, 2022 /PRNewswire/ -- Eco Material Technologies ("Eco Material" or the "Company"), the leading producer of sustainable cementitious materials, today celebrated the opening of the Kirkland Pozzolan Mine in Yavapai County, Arizona.
The approximately 100-acre site, one of the largest natural pozzolan mines, provides natural materials that will be used in concrete to build bridges, roads, buildings, and other key infrastructure throughout the region. These materials will replace the more common Portland cement, which is a major source of pollution accounting for 8 percent of global carbon emissions.
"We are excited for the opening of the Kirkland Pozzolan Mine, which will benefit not only Yavapai County but all of Arizona as well as the surrounding region," said Grant Quasha, CEO of Eco Material Technologies. "Without the support of elected officials including Governor Doug Ducey, Senator Mark Kelly, State Senator Karen Fann, and State Representative Quang Nguyen, we would not be celebrating this milestone achievement."
The event also recognized the hard work and dedication of the plant's employees, as well as Eco Material's contributions to the area including bringing wireless internet service to the surrounding community, planting new trees, and generating significant tax revenue for the state.
Attendees included Yavapai County Supervisor Harry Oberg, a representative from Senator Kelly's office, trade industry officials, and plant employees.
Eco Material Technologies is a leading producer of sustainable cement alternatives in the U.S., serving over 4,000 unique customer locations from its 100+ sites across 45 states. The Company is the leading marketer and distributor of fly ash, with an approximately 50% volume share in the U.S. and the industry's only true national footprint of logistics networks and distribution channels. Eco Material also has a patented technology to convert fly ash and other materials into innovative, near-zero carbon building materials that react faster, match the one-day performance of, and after 28 days are approximately 20% stronger than traditional cement, all while reducing by approximately 99% the CO2 emissions that are traditionally associated with cement production. The Company also provides mission-critical utility services, including operations support, waste disposal, and environmental remediation.
Eco Material Technologies
Matthew Cossel, KCSA
ecomaterial@kcsa.com
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SOURCE Eco Material Technologies Inc | https://www.kxii.com/prnewswire/2022/06/21/eco-material-technologies-celebrates-opening-kirkland-pozzolan-mine-yavapai-county-arizona/ | 2022-06-21T23:00:28Z |
SCOTTSDALE, Ariz., July 5, 2022 /PRNewswire/ -- Blimpie® (www.Blimpie.com), America's Sub Shop®, is introducing a new Cuban Pulled Pork sub and welcoming the return of the Spicy Pork Sub, both available for a limited time. Beginning July 5, guests can try the two pulled pork subs at Blimpie locations nationwide.
- Cuban Pulled Pork: Tender pulled pork and ham, topped with Swiss cheese, pickles, and stone-ground mustard
- Spicy Pork: Tender pulled pork drizzled with Hot Sauce and Sweet Baby Rays® BBQ sauce, topped with cheddar cheese and bacon ranch slaw
"Blimpie is excited to introduce our brand new Cuban Pulled Pork sub and bring back a fan favorite, the Spicy Pork sub," said Sam Carity, director of marketing for Kahala Brands™, parent company of Blimpie. "We are thrilled to offer pulled pork two ways, each with its own unique and mouthwatering flavor combination that our guests are sure to love!"
The Pulled Pork sandwiches will be available on Blimpie menus until October 2, 2022.
Headquartered in Scottsdale, Ariz., Blimpie® serves sub sandwiches prepared with quality ingredients along with delicious soups and salads. Founded in 1964, Blimpie has grown to approximately 200 franchised restaurants across the U.S. and abroad. In 2006, Blimpie became part of the Kahala Brands family, one of the fastest growing franchising companies in the world with a portfolio of nearly 30 fast-casual and quick-service restaurant brands with approximately 3,000 locations in 35 countries, and with MTY Food Group's purchase of Kahala Brands Blimpie is now also a part of the MTY Food Group family.
For more information about Blimpie, visit: www.Blimpie.com.
For more information about Kahala Brands, visit: www.KahalaBrands.com.
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SOURCE Blimpie | https://www.mysuncoast.com/prnewswire/2022/07/05/blimpie-introduces-an-all-new-pulled-pork-sub-brings-back-pulled-pork-favorite/ | 2022-07-05T11:53:23Z |
Nominations for patient leaders who exemplify social health leadership can be submitted at SocialHealthNetwork.com/Awards
PHILADELPHIA, June 13, 2022 /PRNewswire/ -- Health Union, the leader in social health, announces the launch and call for nominations for the inaugural Social Health Awards. The goal of the Social Health Awards is to empower and celebrate those who are essential to the ongoing conversations and connections made through social health - the dynamic, real-time action people take to find meaningful connections and share information that impact their health journey.
Nominations for the Social Health Awards – known previously as the WEGO Health Awards – are open to patient and caregiver leaders who are active members of an online community and making a difference in healthcare. Nominations can be submitted at SocialHealthNetwork.com/Awards and will be accepted until 11:59 p.m. ET on July 1.
Patient and caregiver leaders who are based in the U.S. and at least 18 years old can be nominated - either by themselves or by others - within one, or more, of 10 categories. These categories, which are designed to showcase the vast diversity of the patient community and the various forms of advocacy across all condition areas and platforms, are:
- Advocacy Trailblazer
- Best Team
- Caregiving Champion
- Community Cultivator
- Creative Contributor
- Healthcare Collaborator
- Lifetime Achievement Award
- Revolutionary Researcher
- Rookie of the Year
- Social Media Master
"The Social Health Awards represent the only awards program that truly recognizes health leaders for their hard work, advocacy and dedication to social health," said Amrita Bhowmick, Health Union's chief community officer. "It is imperative for us at Health Union to continue to find ways to bring together and honor the people who are pivotal in driving unique and impactful conversations about health."
Once nominations are closed, judges will select six finalists for each category based on their use of social health, their fit for the award/category and how effectively they engage their online community. The finalist list will be announced by early August.
Winners will be recognized on Aug. 25 during Connexion, a Health Union virtual event that connects and empowers patient leaders; all Social Health Awards finalists will be invited to attend Connexion. Additionally, winners will be invited to join Health Union on stage at the Social Health Awards celebration at the 2022 Fierce Pharma Marketing Awards Ceremony during the Digital Pharma East conference in October in Philadelphia.
Healthcare industry professionals are also encouraged to nominate deserving patient leaders for the Social Health Awards, as well as to volunteer to be industry judges for the awards program. More information about the Social Health Awards, including full descriptions of the nomination categories and frequently asked questions, can be found at SocialHealthNetwork.com/Awards.
Health Union is the proven industry leader driving and amplifying social health. As the premier social health company, only Health Union encourages the dynamic, real-time action people take to find meaningful connections and share information that impact their health journey. The company reaches millions of people through the largest portfolio of condition-specific online health communities (e.g., Migraine.com, MultipleSclerosis.net, LungCancer.net) and health leaders - addressing virtually every condition and providing the information, connection and support they need.
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SOURCE Health Union | https://www.wibw.com/prnewswire/2022/06/13/health-union-launches-opens-nominations-inaugural-social-health-awards/ | 2022-06-13T18:52:11Z |
Among the Albany Rotary Club's 2022 scholarship winners are, from left, Zion Heard, Lizzie Moorhead and Laura Owens. A fourth scholarship winner, Carson Willcox, is not shown.
ALBANY -- The Albany Rotary Club announced the recipients of its annual Rotary Scholarships recently. Four area students will receive the awards.
Zion Heard is graduating from Dougherty Comprehensive High School. She said she plans to attend Florida A&M University to pursue a degree in English with aspirations of obtaining a doctoral degree. In addition to her school work, Zion has been active in the Albany community. She has worked to feed the homeless and to clean up the community. At Dougherty, she was chosen Miss Dougherty Comprehensive High School, was captain of her cheerleading team, a member of the Student Council, captain of the debate team, and Mock Trial co-captain.
Lizzie Moorhead said she plans to attend Samford University. She wants to study business and then attend law school. Lizzie said she enjoys writing and languages. She said she hopes to follow in her father's and grandfather’s footsteps as a lawyer. She is a Presidential Scholar, and a member of the National Honors Society, Mock Trial team and Beta Club. She also participates as a member of both the tennis and clay target shooting teams. Her extra hobbies are dove hunting and playing the piano. She is a volunteer at the Alpha Pregnancy Center and Philema Animal Hospital.
Laura Owens is graduating from Lee County High School and said she plans to attend Purdue University. She plans to pursue a degree in history. Laura said she believes in the old adage “Those who don’t know history are doomed to repeat it.” She said she plans to use her degree in either a museum or a classroom setting and hopes to make history interesting for everyone. She would like to keep people informed of history and understand the mistakes of the past so people can make a difference in the future.
Carson Willcox is graduating from Deerfield-Windsor School and said she plans to attend the University of Georgia. She plans to pursue a degree in the fields of public health and communications. Carson is a type-one diabetic and started a local "How to be a friend to your friend” program. She has gone to local public schools and talked to classes that had diabetic students. She has received the following awards: Graham P. Lowe Scholarship, Head of School Award, and the President’s Education Award. She also has participated in the Colony Bank Leadership group, Student Council, Beta Club, Key Club, and the Spanish Club. She was a member of D-W's basketball and track teams.
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First-ever philanthropic credit product has potential to unlock billions for nonprofits
LOS ANGELES, Aug. 25, 2022 /PRNewswire/ -- B Generous, a first of its kind FinTech for good platform, announces the official launch of Donate Now, Pay Later™ (DNPL), a revolutionary new tool allowing donors to make contributions to their favorite nonprofits through a proprietary philanthropic credit product called a Point of Donation Loan™ (PoDL). Using Donate Now, Pay Later™, the nonprofit receives the donation immediately, and the donor gets the tax receipt right away, but the donor pays nothing out of pocket at the point of donation and instead pays over time, with no interest, costs or fees.
Founded by three-time, venture-backed entrepreneur and philanthropist, Dominic Kalms, with the simple mission to get more donations to more nonprofits faster, B Generous partnered up with Drake Bank, a mission aligned community bank in St. Paul, Minnesota, to power the world's first Point of Donation Loan (PoDL) program.
"B Generous' biggest goal is to help nonprofits scale their mission. By using DNPL, nonprofits enjoy larger average donations, higher donor conversion and retention, and more money, faster, and best of all, we put an end to monthly donor cancellations and pledge defaults," explains Dominic, Founder and CEO of B Generous."Last year, Americans donated $484 billion to nonprofits. Yet, about half of all U.S. nonprofits today have less than one month of cash reserves on hand. To put it simply, Americans are incredibly generous, but many nonprofits are still struggling. B Generous fundamentally solves the liquidity problem for nonprofits, without putting pressure on donors' finances, allowing people to give what they want, not merely what they feel constrained to give."
The almost half-a-trillion-dollar philanthropic market is the largest underserved sector of finance today, with no current lending or credit solutions available. B Generous, which is leading the Philanthropy Technology (PhilTech) movement, is leveraging the proven concept of Buy Now, Pay Later (BNPL) in order to allow donors to make larger financial contributions without stressing their bank accounts. Based on proprietary market data, Point of Donation Loans will increase average donation values by 60%+.
Nonprofits can roll out B Generous' DNPL product using a seamless integration process, without any in-house technology team required. The DNPL button can be added to their website, email and social media campaigns, crowdfunding campaigns, and wherever the nonprofit fundraises. The nonprofit can then instantly begin receiving higher donations to achieve their mission. What's more, for their donors, it appears like familiar existing monthly giving options, making adoption effortless and frictionless.
"Making the decision to partner with B Generous was not only strategic, but natural. The insights into nonprofits that B Generous can offer pairs well with the financial experience and processes we can bring to the table," said Nichol Dehmer, Chairwoman of Drake Bank. "The potential impact of point of donation loans on donation landscape is monumental. We are proud to be aligned with such an innovative organization and look forward to driving the future of modern donations."
Donors can finance donations for as little as $75 and up to $50,000 in aggregate, while paying no interest, transaction or late fees, and receiving their tax receipt immediately.
Prior to founding B Generous, Dominic was the CEO of GVNG.com., which Forbes described as "One of the most revolutionary platforms in the social impact space" and "the 'Shopify' For Non-Profits." GVNG.com empowers anyone to set up a nonprofit project in five minutes or less.
The larger B Generous executive team includes nonprofit executives, philanthropists, fundraisers and technologists with Board members and Investors from PayPal, FICO, Affirm, Goldman Sachs, J.P. Morgan, WebBank, Blackbaud, United Way Worldwide, Give.org, UNICEF, ASPCA, Boy Scouts, Girl Scouts, Susan G. Komen, and many more. B Generous is backed by some of the most notable VC and Angel investors in the FinTech world and has raised almost $10M to date in venture funding.
"I am extremely excited at what B Generous is doing," said Jay Odell, Former President of Blackbaud, the world's leading software company powering social good. "Donate Now, Pay Later is both revolutionary but also consistent with how people donate online today. This is going to become a must-have option on every donation page."
B Generous uses financial technology for good to allow donors to Donate Now, Pay Later™, giving people the financial freedom to donate to nonprofits. Donors are able to finance donations to their favorite nonprofits, interest free, and while the organization receives the donation immediately, the donors pay over 3, 6, or 9 months. Point of Donation Loans are the first ever Philanthropic Credit Product, increasing average donation values for nonprofits significantly. B Generous is led by a team of nonprofit executives, philanthropists, fundraisers, and technologists, with Board members and Investors from PayPal, FICO, Affirm, Goldman Sachs, J.P. Morgan, WebBank, Blackbaud, United Way Worldwide, Give.org, UNICEF, ASPCA, Boy Scouts, Girl Scouts, Susan G. Komen, and many more. B Generous is backed by some of the most notable VC and Angel investors in the FinTech world and has raised almost $10M to date in venture funding. B Generous is also a member of Blackbaud Social Good Startup Program for the 2022 cohort. To learn more, visit: https://bgenerous.com/.
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SOURCE B Generous | https://www.kxii.com/prnewswire/2022/08/25/b-generous-launches-donate-now-pay-later-increasing-average-donation-values-by-60-nonprofits/ | 2022-08-25T12:55:42Z |
SHANGHAI, Aug. 22, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that on August 21, 2022, the board of directors of the Company approved the expansion of FinVolution's existing share repurchase program from up to US$60 million to up to US$140 million and the extension for another twelve months from January 1, 2023 through December 31, 2023, which allows the Company to repurchase its own Class A ordinary shares in the form of American depositary shares ("ADSs") with an aggregate value of up to US$140 million until December 31, 2023. This share repurchase program was initially approved by the board of directors of the Company on August 24, 2020 and an extension of the term of this share repurchase program until December 31, 2022 was approved by the board of directors of the Company on November 17, 2021.
Mr. Feng Zhang, Chief Executive Officer of FinVolution, said, "FinVolution remains firmly committed to shareholder value. Since the initial launch of our first share repurchase program on March 21, 2018, we have cumulatively deployed approximately US$158.0 million to purchase the Company's ADSs as of July 31, 2022. This expansion reflects our share buyback efforts, bringing the total cumulative amount of capital for the Company's historical and existing share repurchase programs up to US$260 million. We believe that the increase in our share repurchase program is an efficient use of our existing capital and demonstrates our commitment to providing greater support for our shareholders amid such a challenging macro environment."
"Our announcement today further reflects our confidence in the Company's business operations and underlying earnings strength," noted Mr. Shaofeng Gu, Chairman of the Company." We continue to view FinVolution as an attractive investment opportunity, and our strong balance sheet provides us with the financial flexibility to drive strategic investments and long-term growth while generating sustainable returns for our shareholders."
The timing and actual number of shares repurchased will be determined by management at its discretion and will depend on a variety of factors, including, but not limited to, share price, trading volume and general market conditions, along with the Company's capital allocation strategy to prioritize investments to grow the business over the long term and other factors, as well as subject to the applicable rules of Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended. FinVolution plans to fund the repurchases out of its existing cash balance or future cash provided by its operating activities.
About FinVolution Group
FinVolution Group is a leading fintech platform in China connecting underserved individual borrowers with financial institutions. Established in 2007, the Company is a pioneer in China's online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company's platform, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of June 30, 2022, the Company had over 149.3 million cumulative registered users.
For more information, please visit: http://ir.finvgroup.com.
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to the Company's ability to attract and retain borrowers and investors on its marketplace, its ability to increase the volume of loans facilitated through the Company's marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, laws, regulations and governmental policies relating to the online consumer finance industry in China, general economic conditions in China, and the Company's ability to meet the standards necessary to maintain the listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE's continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and FinVolution does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
FinVolution Group
Head of Investor Relations
Jimmy Tan
Tel: +86 (21) 8030 3200 Ext. 8601
Email: ir@xinye.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
Email: finv@tpg-ir.com
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SOURCE FinVolution Group | https://www.mysuncoast.com/prnewswire/2022/08/22/finvolution-group-expands-share-repurchase-program-us140-million/ | 2022-08-22T23:21:22Z |
PITTSBURGH, July 7, 2022 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, will report financial and operating results for the quarter ended June 30, 2022 after the market closes on Thursday, July 28, 2022. A conference call for investors and analysts will be held at 9 a.m. Eastern on Friday, July 29, 2022. President and Chief Executive Officer J. Christopher Donahue and Chief Financial Officer Thomas R. Donahue will host the call.
Investors interested in listening to the conference call should dial 877-545-0523 (domestic) or 973-528-0016 (international) or visit FederatedHermes.com for real-time Internet access. To listen online, go to the Investor Relations section of the website and the Analyst Information tab at least 15 minutes prior to register and join the call.
A telephone replay of the call will begin at approximately 12:30 p.m. Eastern on July 29, 2022. To access the telephone replay, dial 877-481-4010 (domestic) or 919-882-2331 (international) and enter the access code 45935. The online replay will be available via FederatedHermes.com for one year.
Federated Hermes, Inc. is a global leader in active, responsible investment management, with $631.1 billion in assets under management, as of March 31, 2022. We deliver investment solutions that help investors target a broad range of outcomes and provide equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies to more than 11,000 institutions and intermediaries worldwide. Our clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. Headquartered in Pittsburgh, Federated Hermes has nearly 2,000 employees in London, New York and offices worldwide. For more information, visit FederatedHermes.com.
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SOURCE Federated Hermes, Inc. | https://www.wibw.com/prnewswire/2022/07/07/federated-hermes-inc-announces-second-quarter-2022-earnings-conference-call-dates/ | 2022-07-07T21:48:20Z |
PHOENIX (AP) — An Arizona man faces four years in prison after pleading guilty to falsely claiming non-existent employees and business revenues when applying for $3.5 million in federal pandemic relief loans in 2020. Officials said he used some of the money to buy a Porsche and a home.
The sentence imposed last Thursday for James Theodore Polzin, 48, of the Phoenix suburb of Gilbert included an order for him to pay over $2.2 million in restitution.
According to federal officials, Polzin used a portion of the proceeds of the Paycheck Protection Program and Economic Injury Disaster loans for his own personal benefit, including the car and home purchases, and for “stashing money offshore.”
“This defendant defrauded a program intended to assist hardworking Americans who have been unfairly impacted as a result of this unprecedented and challenging health crisis,” said Scott Brown, special agent in charge for Homeland Security Investigations of U.S. Immigrations and Customs Enforcement.
Polzin pleaded guilty last fall to wire fraud and transactional money laundering. | https://cw33.com/business/ap-business/arizona-man-in-3-5m-pandemic-loan-fraud-case-gets-4-years/ | 2022-04-13T14:26:46Z |
- Hyundai Hope Donates $150,000 to CHOC Gala and $250,000 to Mental Health Support at the Festival of Children® Kick-Off Event in Orange County
- Hyundai Motor America Gifts 2022 Palisade to CHOC's Orange Campus to Support Patient Services
FOUNTAIN VALLEY, Calif., Sept. 1, 2022 /PRNewswire/ -- Hyundai Motor America's corporate social responsibility initiative, Hyundai Hope, announced a $400,000 donation to Children's Hospital of Orange County (CHOC) to support its renowned pediatric healthcare services and various mental health programs at the hospital. A ceremonial check was presented to CHOC at the Festival of Children® Opening Night at South Coast Plaza in Costa Mesa, California.
"We launched Hyundai Hope with the goal of supporting the health and safety of children and fostering positive growth in communities," said Randy Parker, chief executive officer, Hyundai Motor America. "Hyundai is proud to continue its longstanding support of CHOC, as they share in this mission of supporting the physical and mental health of our community."
Of the total donation, $150,000 will support the care, services, education, and research CHOC provides the community. This gift helps to ensure that every child in need of medical care receives it regardless of their family's ability to pay. No child is ever turned away.
"Having Hyundai as a partner is vital in CHOC's pursuit of providing world class medical care for the children in our region," said Doug Corbin, chief development officer, CHOC, and president, CHOC Foundation. "Hyundai Motor America understands and is firmly committed to making CHOC the leading destination for pediatric healthcare and research. Their investments, generosity provides families with hope. Hyundai is truly a defender of childhood."
The remaining $250,000 of Hyundai's latest donation will benefit two pediatric mental health programs at CHOC to underscore its commitment to physical and mental health initiatives. The first is mental health support in the CHOC Emergency Department (ED), which is covered by psychologists and resource specialists to address mental health crises. The donation will provide more resources to support children and teens who spend many hours in the ED for assessment and a post-discharge plan or waiting for appropriate placement in an inpatient program. The second is mental health support of children at the Thompson Autism Center, a multidisciplinary clinic that provides diagnostic evaluations, behavioral consultations, therapy and medical management for children and families affected by Autism Spectrum Disorder. The donation will aid in continuing to provide a full range of mental health and diagnostic services at the Center, specifically those provided by psychologists who have training and experience in autism and other neurodevelopmental issues.
"We are thrilled with this truly generous gift from our friends at Hyundai," said Dr. Heather Huszti, chief mental health officer, CHOC. "The gift will provide CHOC with vital resources to support children in need or mental health care, services, and support. Every child deserves to be happy, and Hyundai's gift will allow us to expand care, providing hope to families in need."
In addition, Hyundai Motor America also gifted a 2022 Hyundai Palisade to CHOC to help transport families around CHOC's Orange campus and to deliver medications to immune-compromised patients in the community. This vehicle provides support to a vulnerable patient community in need of access to life-saving medications.
Hyundai Hope is a corporate social responsibility initiative from Hyundai Motor North America, committed to the principal of Progress for Humanity and the goal of improving the wellbeing of society. Hyundai Hope dedicates time and supplies resources to nonprofit organizations that support the health and safety of individuals within communities. For more information, visit www.HyundaiHope.com.
Children's Hospital of Orange County (CHOC)
CHOC, a pediatric healthcare system based in Orange County, California, is committed to being a leading destination for children's health by providing exceptional and innovative care. CHOC's growing community includes two state-of-the-art hospitals in Orange and Mission Viejo and a regional network of primary and specialty care clinics serving children and families in four counties. CHOC has been recognized as a Best Children's Hospital in U.S. News & World Report's 2022-23 rankings. CHOC ranked in seven specialties: cancer; cardiology and heart surgery; diabetes and endocrinology, neurology and neurosurgery; orthopedics, urology; and neonatology, which earned a "top 15" spot.
Hyundai Motor America
Hyundai Motor America focuses on 'Progress for Humanity' and smart mobility solutions. Hyundai offers U.S. consumers a technology-rich lineup of cars, SUVs and electrified vehicles. Our 820 dealers sold more than 738,000 vehicles in the U.S. in 2021, and nearly half were built at Hyundai Motor Manufacturing Alabama. For more information, visit www.HyundaiNews.com.
Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn
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SOURCE Hyundai Motor America | https://www.mysuncoast.com/prnewswire/2022/09/01/hyundai-motor-america-announces-400000-donation-choc-childrens-strengthen-commitment-pediatric-healthcare/ | 2022-09-01T19:07:40Z |
UN seeks $160 million in emergency aid for Pakistan floods
ISLAMABAD (AP) — The United Nations and Pakistan issued an appeal Tuesday for $160 million in emergency funding to help millions affected by record-breaking floods that have killed more than 1,160 people since mid-June.
U.N. Secretary-General Antonio Guterres said Pakistan’s flooding, caused by weeks of unprecedented monsoon rains, were a signal to the world to step up action against climate change.
“Let’s stop sleepwalking toward the destruction of our planet by climate change,” he said in a video message to an Islamabad ceremony launching the funding appeal. “Today, it’s Pakistan. Tomorrow, it could be your country.”
Guterres will visit Pakistan on Sept. 9 and meet with flood victims to express solidarity with them, according to a statement released by his office. It said Guterres will also “witness how we are working, in collaboration with our humanitarian partners, to support the government’s relief efforts and provide assistance to millions of people.”
More than 33 million people, or one in seven Pakistanis, have been affected by the catastrophic flooding, which has devastated a country already trying to revive a struggling economy. More than 1 million homes have been damaged or destroyed in the past two and half months, displacing millions of people. Around a half million of those displaced are living in organized camps, while others have had to find their own shelter.
Prime Minister Shahbaz Sharif said the floods badly destroyed crops, and his government was considering importing wheat to avoid any shortage of food.
Sharif said Pakistan was witnessing the worst flooding in its history and any inadvertent delay by the international community in helping victims “will be devastating for the people of Pakistan.”
He promised funds from the international community would be spent in a transparent manner and that he would ensure all aid reaches those in need. “This is my commitment,” he told reporters, saying his country is “facing the toughest moment of its history.”
Pakistan says it has received aid from some countries, and others were dispatching aid too.
On Tuesday, the U.S. government said it would provide $30 million in assistance to help victims of the flood. According to a statement released by the U.S. Agency for International Development, this aid will be given to Pakistan through USAID. It said the United States is deeply saddened by the devastating loss of life and livelihoods throughout Pakistan.
According to initial government estimates, the devastation caused $10 billion in damage to the economy.
“It is a preliminary estimate likely to be far greater,” Planning Minister Ahsan Iqbal told The Associated Press. More than 243 bridges and more than 5,000 kilometers (3,100 miles) of road have been damaged.
Although rains stopped three days ago, large swaths of the country remain underwater, and the main rivers, the Indus and the Swat, are still swollen. The National Disaster Management Authority on Tuesday warned emergency services to be on maximum alert, saying flood waters over the next 24 hours could cause further damage.
Rescuers continued to evacuate stranded people from inundated villages to safer ground. Makeshift tent camps have sprung up along highways.
Meteorologists have warned of more rains in coming weeks.
“The situation is likely to deteriorate even further as heavy rains continue over areas already inundated by more than two months of storms and flooding. For us, this is no less than a national emergency,” Pakistani Foreign Minister Bilawal Bhutto-Zardari said Tuesday, urging the international community to give generously to the U.N. appeal.
“Since mid-June, in fact, Pakistan has been battling one of the most severe, totally anomalous cycles of torrential monsoon weather,” he said. Rainfall during that time was three times the average, and up to six times higher in some areas, he said.
The U.N. flash appeal for $160 million will provide food, water, sanitation, health and other forms of aid to some 5.2 million people, Gutteres said.
“The scale of needs is rising like the flood waters. It requires the world’s collective and prioritized attention,” he said.
A day earlier, the International Monetary Fund’s executive board approved the release of a much awaited $1.17 billion for Pakistan.
The funds are part of a $6 billion bailout agreed on in 2019. The latest tranche had been on hold since earlier this year, when the IMF expressed concern about Pakistan’s compliance with the deal’s terms under the government of former Prime Minister Imran Khan. Khan was ousted through a no-confidence vote in the parliament in April.
Pakistan has risked default as its reserves dwindle and inflation has spiraled, and to get the IMF bailout, the government has had to agree to austerity measures.
The flooding catastrophe, however, adds new burdens to the cash-strapped government. It also reflects how poorer countries often pay the price for climate change largely caused by more industrialized nations. Since 1959, Pakistan is responsible for only 0.4% of the world’s historic emissions blamed for climate change. The U.S. is responsible for 21.5%, China for 16.5% and the EU 15%.
Several scientists say the record-breaking flooding has all the hallmarks of being affected by climate change.
“This year, Pakistan has received the highest rainfall in at least three decades,” said Abid Qaiyum Suleri, executive director of the Sustainable Development Policy Institute and a member of Pakistan’s Climate Change Council. “Extreme weather patterns are turning more frequent in the region and Pakistan is not an exception.”
Pakistan saw similar flooding and devastation in 2010 that killed nearly 2,000 people. But the government didn’t implement plans to prevent future flooding by preventing construction and homes in flood prone areas and river beds, said Suleri.
___
Associated Press writer Jamey Keaten contributed to this story from Geneva.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/30/un-seeks-160-million-emergency-aid-pakistan-floods/ | 2022-08-30T18:27:44Z |
U.S. EPA investigating groundwater west of former Industrial Excess Landfill in Lake Twp.
LAKE TWP. – The U.S. EPA is testing groundwater west of the former Industrial Excess Landfill for a potentially carcinogenic contaminant.
The 30-acre former landfill is on the eastern side of Cleveland Avenue NW just south of Hilltop Street NW.
The U.S. EPA announced in a news release Wednesday that samples collected in January confirmed the presence of "1,4 dioxane" — a synthetic industrial chemical with varying health effects — and prompted the investigation.
"Preliminary data from private well samples collected in April show unacceptable levels of 1,4-dioxane at several properties," it states. "Based on the data, EPA directed the PRPs to immediately provide bottled water to the impacted residents and initiate hookups to the municipal water supply."
EPA spokeswoman Rachel Bassler said in an email that groundwater sampling mostly has been west and northwest of the former landfill and will continue throughout the area "until data indicates that wells are not contaminated."
Dioxane was used as a solvent stabilizer in manufacturing and can be found in dyes, greases and some consumer products, such as shampoos and cosmetics. It's often found at sites contaminated with chlorinated solvents or septic or hospital waste disposal sites, according to the EPA.
Akron's rubber industries as well as area hospitals and septic tank cleaning companies dumped waste in the Industrial Excess Landfill until it closed in 1980. Cleanup of the site was completed in 2004.
"As part of the cleanup, approximately 100 residential properties were connected to the municipal water supply in the early 1990s, the landfill was capped with enhanced vegetation, fencing was installed and deed restrictions were established," the release states. "EPA also requires the PRPs to continue long-term monitoring of landfill gas and the natural attenuation of contaminants in groundwater."
The EPA considers dioxane is considered an "emerging contaminant," which previously eluded detection because equipment and methods were not sensitive enough to detect it. There are no federal standards for dioxane cleanup.
A five-year review of the site published in 2021 states that dioxane was "tentatively identified" in seven groundwater monitoring wells in 2019 and warranted additional investigation.
Late last year, the EPA also expanded the fence around the site after detecting "potentially explosive landfill gas" at monitoring locations beyond the previous enclosure. | https://www.cantonrep.com/story/news/local/stark-county/2022/05/11/u-s-epa-probing-groundwater-west-former-industrial-excess-landfill/9733992002/ | 2022-05-11T23:02:27Z |
Topeka Municipal Court to suspend dockets
TOPEKA, Kan. (WIBW) - The Topeka Municipal Court announced it has suspended scheduled dockets on Thursday, July 7 from 1:00 p.m. to 4:30 p.m. and all scheduled dockets on Friday, July 8.
The DUI/drug docket on July 7 at 8:30 a.m. will still be held as scheduled.
According to Gretchen Spiker, Director of Communications for the city of Topeka, the closure of the court is due to temporary staffing and scheduling issues.
All impacted cases will be rescheduled, and impacted defendants will be notified by mail.
Spiker said the court will continue to operate during its normal business hours for any non-docket business, such as defendants scheduling court dates, making payments, recall warrants, and resetting payment plans.
Normal operations for the court will resume on Monday, July 11.
To access the online public access portal for the Topeka Municipal Court, click here.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/07/topeka-municipal-court-suspend-some-dockets/ | 2022-07-07T01:44:11Z |
TEL AVIV, Israel, July 11, 2022 /PRNewswire/ -- Arbe Robotics Ltd. (Nasdaq: ARBE) ("Arbe"), the global leader in next-generation imaging radar solutions, announced today that the lock-up for shareholders holding 46,984,355 ordinary shares which are parties to an investors right agreement was extended to 360 days from the closing of the merger with ITAC held on October 7, 2021, subject to early release if the closing price of the ordinary shares equals or exceeds $9.00 per share for any 20 out of last 30 trading days. In addition, shareholders holding 35,592,700 ordinary shares (33,686,800 of which are also parties to the investor rights agreement) have decided to further extend their lock-up period, agreeing not to sell their ordinary shares until January 7, 2023, subject to early release if the closing price of Arbe's ordinary shares equals or exceeds $12.00 per share for any 20 out of last 30 trading days. The lock-ups do not apply to the ordinary shares purchased in the October 2021 private placement contemporaneous with the merger.
"We believe that the extension of the lock-up period demonstrates our shareholders' confidence in the long-term potential of Arbe's business," said Yair Shamir, Chairman of the Board of Directors of Arbe, and Founding and Managing Partner of CEL Catalyst Mobility Ltd. "For us, the merger with ITAC was an additional financing round, as part of a long-term journey, with the goal of driving a revolution in automotive radar and delivering true safety and autonomy to the mass market."
"Arbe delivers a unique value to the automotive industry and will make a massive impact on road safety," said Kobi Marenko, Chief Executive Officer of Arbe. "The extended lock-up conveys the confidence of our shareholders in Arbe's ability to execute on the opportunities ahead."
About Arbe
Arbe (Nasdaq: ARBE), the global leader in Perception Radar Chipset Solutions, is spearheading a revolution in sensing, enabling truly safe driver-assist systems today while paving the way to full autonomous-driving. A critical sensor for L2+ and higher autonomy, Arbe solutions are 100 times more detailed than the most advanced radars on the market, providing full sensing coverage around the vehicle. Arbe has been selected by leading Tier 1s and car manufacturers to deliver advanced sensing and paradigm-changing perception to a wide range of vehicles and applications across the U.S., Europe, and Asia. Arbe is a leader in the fast-growing automotive radar market that has a projected total addressable market of $11 billion in 2025. For more information, visit arberobotics.com
Cautionary Note Regarding Forward-Looking Statements
This press release may contain "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The words "expect," "believe," "estimate," "intend," "plan," "anticipate," "project," "may," "should," "strategy," "future," "will," "project," "potential" and similar expressions indicate forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Statements that are not historical facts are forward-looking statements. You should carefully consider the potential effect on the market for and the market price of Arbe's ordinary shares in anticipation of the expiration of the lockups as well as the sale of private placement shares and other shares that are not subject to lockups as well as the risk factors and uncertainties described in "Risk Factors," "Management's Discussion and s Analysis of Financial Condition and Results of Operations," "Cautionary Note Regarding Forward-Looking Statements" in Arbe's Annual Report on Form 20-F, filed with the Securities and Exchange Commission, or SEC, on March 31, 2022 and in Arbe's prospectus dated June 22, 2022, which was filed by Arbe with the SEC on June 23, 2022, and its Post-Effective Amendment to its registration statement on Form F-1, filed with the SEC on June 28, 2022, as well as the other documents filed by Arbe with the SEC. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and Arbe does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
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SOURCE Arbe | https://www.kxii.com/prnewswire/2022/07/11/arbes-shareholders-extend-their-lock-up-period/ | 2022-07-11T21:26:25Z |
WASHINGTON, June 23, 2022 /PRNewswire/ -- President Joe Biden and First Lady Dr. Jill Biden welcomed 27 wounded warriors at the White House today for the annual Wounded Warrior Project® (WWP) Soldier Ride®. Soldier Ride is a nationally recognized adaptive cycling program that connects warriors across the country, helping to strengthen confidence as they strive toward their highest physical and mental wellness goals.
The tradition of Soldier Ride participants meeting with the commander in chief began in 2008 and has continued annually, with a brief pause during the COVID-19 pandemic. Army veteran Danielle Greene shared her story of resilience during the event, saying, "When I joined the Army, I felt I found a family I always dreamed of, but after I got hurt, I realized Wounded Warrior Project was the family I dreamed of as well. They had my back 18 years and counting, and now I'm here."
President Biden thanked her and shared encouragement to the other wounded veterans participating in the ride today.
"From your parents to your children, your siblings, and to your battle buddies – I want to thank everyone from Wounded Warrior Project and countless other organizations and tireless advocates on your behalf," President Biden said at the welcome ceremony. "Riders come from every corner of America, from all cuts of the same cloth … all bonded by a common sense of duty, honor, service, resilience, courage, optimism. Many of you come from a war abroad only to fight a battle of recovery at home that's equally as difficult. In many cases, more difficult learning to walk again, pick up your child again, to manage the effects of traumatic brain injury, to cope with post-traumatic stress that occurs and is not unusual. You are the best America has to offer.
"Remember on this ride today, you're not alone. You have the support of a grateful nation behind you today and every day. We are here to help – help each other and help you cross the finish line together."
This ride comes at a pivotal time during the global pandemic, which continues to impact warriors today. WWP offers safe in-person and virtual programs that are critical to warrior psychological well-being and resilience. The Soldier Ride program reintroduces the unique bonds of military service by connecting warriors with each other while also allowing communities to honor their service and sacrifice.
"On behalf of those we serve, we thank President Biden and the first lady for graciously welcoming and recognizing the service and sacrifice of wounded, ill, and injured warriors," said WWP CEO Lt. Gen. (Ret.) Mike Linnington. "The effects of war can last a lifetime – as we see with physical injuries, trauma, as well as illnesses from toxic exposure. Soldier Ride gives warriors the opportunity to connect and build camaraderie with their peers while allowing Wounded Warrior Project to spread awareness about warriors' needs to the greater community. We are thankful to the president, the first lady, and the public for their tremendous support."
Since 2003, WWP has delivered $1.9 billion in programs and services that directly serve more than 200,000 injured service members, veterans, and their families at no cost. In addition, WWP works with elected officials, VA, governmental agencies, and other veterans services organizations to improve the lives of wounded veterans and their families.
About Wounded Warrior Project
Since 2003, Wounded Warrior Project® (WWP) has been meeting the growing needs of warriors, their families, and caregivers — helping them achieve their highest ambition. Learn more.
About Soldier Ride
Soldier Ride® began in 2004 when civilian Chris Carney cycled more than 5,000 miles coast-to-coast to support WWP and help raise awareness for injured veterans. Today, Soldier Ride continues to inspire warriors to heal their bodies and minds. Soldier Ride has become a gathering that connects American heroes to each other and their communities and provides the American public an opportunity to honor that service and sacrifice. Read more.
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SOURCE Wounded Warrior Project | https://www.wibw.com/prnewswire/2022/06/23/wounded-warriors-visit-white-house-during-annual-soldier-ride/ | 2022-06-23T16:28:39Z |
PORT WASHINGTON, N.Y., June 10, 2022 /PRNewswire/ -- Autel U.S., a leading provider of automotive diagnostics products, announces its entry into the EV Charging Solutions Provider industry with the release of its MaxiCharger Home and Commercial Level 2 AC chargers. These new chargers, available in 40 amp and 50 amp flexible charging configurations, are compatible with all plug-in electric vehicles and feature innovative software solutions that are the hallmark of all Autel products.
MaxiCharger Home 40 amp chargers are available as either an In-Body Holster or a Separate Holster, with either a NEMA 6-50 or a NEMA 14-50 plug. The MaxiCharger Home 50 amp is an in-Body Holster style and is ready for hard-wire installation. The MaxiCharger Commercial Level 2 AC charger offers 50 amp flexible charging.
The features of the MaxiCharger line include:
- J1772 standard charging port compatible with all EVs
- 25-foot charging cable with specially designed, ergonomic charging connector
- Level 2 (240V) charging with flexible amperage settings
- NEMA =6-50, NEMA 14-50 electrical plug or hard-wire options
- NEMA 3R-rated for indoor and outdoor use
- LED lights show charging status at-a-glance
- Wi-Fi-enabled for remote access and over-the-air firmware upgrades
- Innovative software solutions: =The residential Smartphone app enables scheduled charging for convenience and in-depth charging analysis to ensure you are charging at the best rates. A multi-layered Commercial charger management portal to provide a complete turnkey solution for property and fleet managers, workplace, and commercial spaces.
"As Autel transitions to the exciting new reality of greener technologies, we are eager to use our nearly 20 years of experience in developing technologies that have dramatically changed the way technicians repair vehicles as a foundation for researching and developing new energy solutions," said Chloe Hung, Autel CEO.
Visit www. autelenergy.us or contact an authorized Autel dealer for more information about Autel EV chargers.
Autel U.S., the U.S. subsidiary of Shenzhen, China-based Autel Intelligent Technology Corp, is a leading developer and distributor of professional automotive diagnostic products.
CONTACT:
Allison Whitney
(516) 464-1086 EXT. 192
allisonw@autel.com
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SOURCE Autel U.S. | https://www.mysuncoast.com/prnewswire/2022/06/10/autel-us-enters-ev-charging-solutions-industry/ | 2022-06-10T22:14:23Z |
Manufacturer of mounting solutions for marine electronics streamlines the product selection process with online tools and configurable PDF datasheets.
CINCINNATI and LIBERTY LAKE, Wash., June 16, 2022 /PRNewswire/ -- Seaview Global is streamlining the process for customers to find and select marine mounting solutions. Built by CADENAS PARTsolutions, the new tool reduces selection time by enabling seaviewglobal.com visitors to visually create their own mounting package based on their specific products and applications. The tool also improves the online experience by visually illustrating the various features and mounting options throughout the selection process.
Seaview Global manufactures radar, display, GPS, and satellite mounts for the marine industry. Working closely with all major electronics manufacturers, Seaview offers an innovative range of high-quality products for powerboats, sailboats, yachts, and commercial and military vessels. The new tool reduces time by enabling users to visually navigate Seaview's catalog to find the right product for their needs.
"There are a lot of different mounts, and many combinations for what can be mounted. We wanted to simplify the selection process by guiding customers visually, from start to finish," Ian Smith, Vice President of Seaview Global, said. "Previously, customers would call us, and one of our engineers would walk them through the process. Now it's all on-demand. Customers can go step-by-step by selecting the type of mount, mounting plate, and accessory mounts to get the exact package they need, the first time."
The visual selector tool also provides outputs in 100+ CAD formats, as well as configured PDF datasheets for easy ordering and reference.
Smith added, "By delivering 3D CAD models and configured PDFs, we're making it easier for OEM boat builders, as well as end-users, to ensure they have the correct product by letting them test-fit it directly within their design."
About Seaview Global:
Seaview is the global leader in designing and manufacturing mounting solutions for marine electronics. Seaview offers hundreds of installation options for optimal positioning of radars, satellite, gps, vhf, cameras, searchlights and navigation lights. Seaview mounting solutions will not only provide unmatched strength and durability but look elegant, complementing the styling of your boat & provide a lasting investment.
While we offer a comprehensive selection of standard mounts, we also offer personalized solutions where the standard mounts may not be suitable. You will find Seaview mounting systems aboard many of the finest yachts around the world.
With an international network of expert distributors, Seaview can be purchased directly and from authorized Seaview dealers and distributors around the world.
About CADENAS PARTsolutions
CADENAS PARTsolutions is a leading provider of next-generation 3D part catalogs and product configuration solutions. Using 3D part catalogs with CAD download technology enables manufacturers to increase sales lead generation and ensure that components get "designed in" to OEM products.
Media Inquiries
CADENAS PARTsolutions
Adam Beck
Director of Marketing
400 Techne Center Drive, Ste. 301
Milford, OH 45150 USA
Phone: 513-453-0453
Fax: 513-453-0460
adam.beck@partsolutions.com
www.partsolutions.com
@partsolutions
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SOURCE CADENAS PARTsolutions | https://www.wibw.com/prnewswire/2022/06/16/seaview-global-launches-visual-selector-tool-marine-mounts-built-by-cadenas-partsolutions/ | 2022-06-16T15:57:20Z |
- Prioritized two indications, MSS-CRC and NSCLC, utilizing fully owned assets, COM701 and COM902
- Focus on MSS-CRC and NSCLC expected to provide highest probability of success and support future path to registration
- Focused development plan results in strategic decision to wind down Phase 1 cohort expansion studies resulting in the conclusion of collaboration with Bristol Myers Squibb
- Most advanced preclinical program with first-in-class potential entering pre-IND enabling studies
- Extended cash runway expected to last through the end of 2024
HOLON, Israel, Aug. 4, 2022 /PRNewswire/ -- Compugen Ltd. (Nasdaq: CGEN), a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery, provided a corporate update and announced financial results for the second quarter ended June 30, 2022.
Corporate Update
"Adapting to challenging market conditions, we have taken a strategic decision to focus on two prioritized indications, microsatellite stable-colorectal cancer (MSS-CRC) and non-small cell lung cancer (NSCLC), and wind down our broad Phase 1 cohort expansion program resulting in the conclusion of our collaboration with Bristol Myers Squibb," said Anat Cohen-Dayag, Ph.D., President, and Chief Executive Officer of Compugen. "I would like to thank Bristol Myers Squibb for our productive interactions and for their support in providing nivolumab and their anti-TIGIT, BMS-986207, enabling us to initiate the triple and dual combination studies to evaluate our DNAM-1 axis hypothesis at a time when our own differentiated anti-TIGIT, COM902 had not yet reached the clinic. Additionally, my sincere thanks to the investigators, their staff, and the patients for participating in these studies. This strategic decision allows us to extend our cash runway into the end of 2024, execute on our strong belief in COM701 and gives us the freedom to switch to and develop our own differentiated anti-TIGIT antibody, COM902. Concluding the collaboration with Bristol Myers Squibb provides us with what is expected to be the greatest opportunity to advance and partner our clinical assets and support a future path to registration."
Dr. Cohen-Dayag continued, "Our clinical data from the COM701/nivolumab dose escalation and cohort expansion study in a small number of MSS-CRC patients, show a modestly higher response rate compared to what has been reported for standard of care. We believe that this initial data, along with the translational package showing a COM701 driven mechanism, supports the evaluation of COM701 triple combination in a single arm study. The full data from the COM701/nivolumab cohort expansion study in MSS-CRC and details of the new study design along with timelines is expected to be presented once finalized in the fourth quarter of this year. The second indication we have prioritized is NSCLC in anti-PD-(L)1 treated patients. As an inflamed tumor type sensitive to PD-1 and possibly TIGIT checkpoints, NSCLC was selected as a tumor type with increased probability of responding to our triplet combination. We also plan to evaluate the blockade of PVRIG and TIGIT in combination with standard of care in this indication, to build an additional path to randomized studies. The design and timelines of the NSCLC program will be presented once finalized in the fourth quarter of this year. We believe focusing on these indications provides us with the highest probability of success, and we plan to share the progress and initial findings from these studies during 2023."
Dr. Cohen-Dayag added, "I am also extremely proud of the progress we have made in our preclinical portfolio. Several early-stage programs from our computational discovery platform are advancing in our pipeline with the most advanced program about to enter pre-IND enabling studies with first-in-class potential. We are very excited about this program, which is targeting a soluble immune checkpoint upregulated in the tumor microenvironment in response to IFN-γ. We developed a very high affinity antibody, COM503, to block this soluble immune checkpoint pathway and we believe we are the first to do so. The antibody has demonstrated preclinical in-vitro and in-vivo activity as monotherapy and in combination with other checkpoint inhibitors across various models and systems. We intend to share details on this program in the fourth quarter of this year."
Dr. Cohen-Dayag concluded, "With the decisive actions we have taken, we are being cash efficient and may be better positioned to bring value to our stakeholders. I am excited with what we have achieved and look forward to continuing to focus on execution and delivering value to our shareholders and patients."
Financial Results
As of June 30, 2022, cash, cash equivalents, short-term bank deposits and restricted cash totaled approximately $97 million, compared with approximately $118 million as of December 31, 2021. As a result of the Company's strategic decision to end its Phase 1 program early and focus on two prioritized indications, the Company expects its existing cash and cash related balances to be sufficient to fund its operating plan into the end of 2024, without taking into consideration any cash inflows. Compugen does not have any debt.
R&D expenses for the second quarter ended June 30, 2022, were approximately $6.8 million, no change from the comparable period in 2021. Going into the second half of 2022, the reduction in R&D expenses is expected to be limited and will reflect winding down expenses of the current ongoing studies as well as preparation for the planned prioritized clinical studies. We expect that the full effect of the reduction in expenses will be reflected in 2023.
General and administrative expenses for the second quarter ended June 30, 2022, were approximately $2.6 million compared with approximately $2.7 million for the comparable period in 2021.
Cash balance at the end of 2022 is expected to be approximately $72-$74 million.
Net loss for the second quarter ended June 30, 2022, was approximately $9.1 million, or $0.11 per basic and diluted share, compared with a net loss of approximately $9.5 million, or $0.11 per basic and diluted share, in the comparable period of 2021.
Full financial tables are included below
Conference call and webcast information
The Company will hold a conference call today, August 4, 2022, at 8:30 AM ET to review its second quarter 2022 results. To access the live conference call by telephone, please dial 1-866-744-5399 from the U.S., or +972-3-918-0644 internationally. The call will be available via live webcast through Compugen's website, located at the following link. Following the live audio webcast, a replay will be available on the Company's website.
About Compugen
Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable predictive computational discovery capabilities to identify new drug targets and biological pathways for developing cancer immunotherapies. Compugen has developed two proprietary product candidates: COM701, a potential first-in-class anti-PVRIG antibody and COM902, a potential best-in-class monoclonal antibody targeting TIGIT for the treatment of solid tumors. Partnered programs include bapotulimab, an antibody targeting ILDR2, in Phase 1 development, licensed to Bayer under a research and discovery collaboration and license agreement, and a TIGIT/PD-1 bispecific derived from COM902 (AZD2936) in Phase 1/2 development by AstraZeneca through a license agreement for the development of bispecific and multi-specific antibodies. In addition, the Company's therapeutic pipeline of early-stage immuno-oncology programs consists of programs aiming to address various mechanisms of immune resistance, including myeloid targets. Compugen is headquartered in Israel, with offices in South San Francisco, CA. Compugen's shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.
Forward-Looking Statement
This press release contains "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations, and assumptions of Compugen. Forward-looking statements can be identified using terminology such as "will," "may," "expects," "anticipates," "believes," "potential," "plan," "goal," "estimate," "likely," "should," "confident," and "intends," and similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include, but are not limited to, statements regarding our expectations that the conclusion of the collaboration with Bristol Myers Squibb provides Compugen with the greatest opportunity to advance and partner its clinical assets and support a future path to registration; our belief that the initial clinical data from the COM701/nivolumab cohort expansion study in a small number of MSS-CRC patients, along with the translational package showing a COM701 driven mechanism, supports further evaluation of COM701 triple combination in a single arm study; statements regarding the increased probability of NSCLC to respond to our triplet combination; statements regarding our expectations that our focus on MSS-CRC and NSCLC indications is expected to provide highest probability of success to support a future path to registration; statements regarding the potential of our most advanced preclinical program to be first-in-class; our expectation that existing cash and cash related balances will be sufficient to fund our operating plan through the end of 2024; and our expectations regarding the timing for disclosure of the new studies design and data. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance, or achievements of Compugen to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Among these risks: In the near term, Compugen is highly dependent on the success of COM701 and of COM902; Compugen may not be able to advance its internal clinical stage programs through clinical development or manufacturing or successfully partner or commercialize them, or obtain marketing approval, either alone or with a collaborator, or may experience significant delays in doing so; Clinical development involves a lengthy and expensive process, with an uncertain outcome and Compugen may encounter substantial delays or even an inability to begin clinical trials for any specific product or may not be able to conduct or complete its trials on the timelines it expects; Compugen has limited experience in the development of therapeutic product candidates, and it may be unable to implement its business strategy. These risks and other risks are more fully discussed in the "Risk Factors" section of Compugen's most recent Annual Report on Form 20-F as filed with the Securities and Exchange Commission (SEC) as well as other documents that may be subsequently filed by Compugen from time to time with the SEC. In addition, any forward-looking statements represent Compugen's views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. Compugen does not assume any obligation to update any forward-looking statements unless required by law.
Company contact:
Yvonne Naughton, Ph.D.
Head of Investor Relations and Corporate Communications Compugen Ltd.
Email: ir@cgen.com
Tel: +1 (628) 241-0071
SOURCE Compugen Ltd. | https://www.wibw.com/prnewswire/2022/08/04/compugen-reports-second-quarter-2022-results/ | 2022-08-04T11:45:44Z |
DUBAI, UAE, Aug. 8, 2022 /PRNewswire/ -- Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced the launch of the first Global Family Business and Private Wealth Centre (Centre) in the region and worldwide.
DIFC is the first financial centre in the world to create a unique offering at a time when an estimated AED3.67 trillion ($1 trillion) in assets will be transferred to the next generation in the Middle East during the next decade.
The Centre will bring together global family-owned businesses, ultra-high net worth individuals (UHNWIs) and Private Wealth in one hub to help preserve and grow the sector and provide access to a full range of support services to enable robust legacy and succession planning. The Centre is also expected to attract family businesses and UHNWIs from the region and globally to establish a presence in Dubai.
Members will also benefit from being part of the region's largest financial ecosystem, DIFC's common law framework, legal and regulatory infrastructure and flexible range of business structures.
His Excellency, Essa Kazim, Governor of DIFC, said: "Aligning with the UAE Government's commitment to helping family businesses play a prominent role in our society, DIFC is pleased to be launching the world's first Family Business and Private Wealth Centre. The UAE has a vast number of family businesses, owned by citizens and residents who contribute to the country's economy. In the next decade, those families and others in the Middle East are expected to transfer AED3.67 trillion to the next generation, which illustrates the urgent need to provide them with specialist, consolidated support to help them grow."
Dr. Tarek Hajjiri, appointed CEO for the Global Family Business and Private Wealth Centre, added: "The launch of the Global Family Business and Private Wealth Centre is another key milestone in the development of DIFC's wealth and asset management sector. In addition, it embodies DIFC's long-term commitment to offering quality private wealth management services at par with global standards. The new Centre will play a unique role in guiding family businesses in relation to governance, succession, ownership, wealth, family dynamics and strategy. Our role is crucial to ensure the long-term growth of family businesses."
For further information: difc.ae; follow us on LinkedIn; Twitter @DIFC.
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SOURCE DIFC | https://www.wibw.com/prnewswire/2022/08/08/difc-launches-first-global-family-business-private-wealth-centre/ | 2022-08-08T10:40:19Z |
CARMEL, Ind., July 18, 2022 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) will report results for the second quarter of 2022 after the market closes on Monday, August 1, 2022. The company will host a conference call to discuss results at 11:00 a.m. Eastern Time on Tuesday, August 2, 2022.
Participate by Dial-In
To participate, please register at https://ige.netroadshow.com/registration/q4inc/11345/cno-financial-group-second-quarter-2022-earnings-results/. Upon registering, you will be provided with call details and a registrant ID used to track attendance on the conference call. Reminders will also be sent to registered participants via email.
Participate by Webcast
For those investors who prefer to listen to the call online, we will broadcast the call live via webcast. The event can be accessed through the Investors section of our website at ir.CNOinc.com. Participants should go to the website at least 15 minutes before the event to register and install any necessary software.
Participate by Replay
A replay of the call will be available on the Investors section of our website at ir.CNOinc.com.
About CNO Financial Group
CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and $35 billion in total assets. Our 3,400 associates, 4,400 exclusive agents and 4,700 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.
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SOURCE CNO Financial Group | https://www.kxii.com/prnewswire/2022/07/18/cno-financial-group-announces-second-quarter-2022-earnings-release-date/ | 2022-07-18T20:53:28Z |
Louisiana gov faces decision on transgender athlete bill
By KEVIN McGILL
Associated Press
NEW ORLEANS (AP) — A bill to keep transgender women and girls in Louisiana from competing on college and K-12 women’s and girls’ athletic teams has won final legislative passage. Monday’s 32-6 vote in the Senate approved House language changes to the bill by Sen. Beth Mizell. The bill by the Franklinton Republican goes next to Democratic Gov. John Bel Edwards. Edwards has been highly critical of the bill. But he hasn’t said whether he’ll veto the measure or allow it to become law. Edwards vetoed similar legislation last year and an override attempt narrowly failed. The bill passed this year with more than enough votes to override a veto. | https://localnews8.com/sports/ap-national-sports/2022/05/23/louisiana-gov-faces-decision-on-transgender-athlete-bill/ | 2022-05-23T22:40:19Z |
Services for Wanda Cunningham Hernandez, 87, of Temple will be 11 a.m. Saturday at Hewett-Arney Funeral Home in Temple.
Burial will be at a later date in Bellwood Cemetery.
Mrs. Hernandez died Saturday, July 2, at nursing center in Rosebud.
She was born Sept. 30, 1934, in Westphalia to James Robert and Opal Dockery Cunningham. She grew up in the Rosebud area and graduated from Rosebud High School. She graduated from Durham Business School in Austin. She worked as a homemaker. She was a member of Avenue T Church of Christ. She married Charlie Hernandez Jr. in Marlin on June 27, 1953.
She was preceded in death by her husband.
Survivors include two sons, Steve Hernandez of Temple and Mark Hernandez of San Antonio; a sister, Dorene Kelsey of Temple; and three grandchildren.
In lieu of flowers, memorials may be made to Avenue T Church of Christ. | https://www.tdtnews.com/obituaries/article_3c08e8ca-fd7b-11ec-9449-6f75a5e7a355.html | 2022-07-07T07:44:21Z |
BEIJING (AP) — Chinese manufacturing contracted in August amid weak export and consumer demand, a survey showed Wednesday, adding to downward pressure on the struggling economy.
A monthly index improved to 49.4 from July’s 49 on a 100-point scale but still was below the 50-point mark that shows activity contracting, according to the national statistics agency and an industry group.
The ruling Communist Party is trying to shore up economic growth that sank to 2.5% in the first six months of 2022, less than half the official annual growth target of 5.5%.
The data “show a further loss in economic momentum,” said Julian Evans-Pritchard of Capital Economics in a report. “The economy will struggle to make much headway during the coming months.
Chinese consumer demand has been dampened by a plunge in real estate activity after Beijing tightened controls on the industry’s use of debt and by repeated shutdowns of factories, shops and neighborhoods to fight coronavirus outbreaks.
Indicators of export orders, overall orders and employment also improved from July but still were in contraction territory. | https://cw33.com/business/ap-business/ap-chinese-manufacturing-weak-adding-to-economic-pressure/ | 2022-08-31T20:01:45Z |
ISELIN, N.J., July 12, 2022 /PRNewswire/ -- Hexaware Technologies celebrated 5 years of its brand anniversary on July 10, 2022. The anniversary marks the manifestation of its brand promise and attributes aptly through all its activities. Throughout its branding journey, Hexaware has exhibited its core attributes of openness to innovation, disrupting the norm, encouraging passion for customer success, maintaining a fearless attitude and learning from rich experiences while strengthening its distinct brand identity.
The primary objective of these attributes is to associate Brand Hexaware with trust, satisfaction and dependability. The launch of Hexaware's new purpose statement, "Creating smiles through great people and technology," took the cause ahead and covered the essence of the brand in a comprehensible manner.
The purpose statement launch in consolidation with the branding initiatives executed over the 5 years created a favorable impact for the brand and it reflects evidently in Hexaware's positioning in the Brand Finance India 100 2022 Report. Its Brand Strength Index (BSI) score is now 68 out of 100, demonstrating a 2-point increase from 2021. In 2021, Hexaware's Brand Rating improved from A+ to AA- and in 2022, it maintains the score. In the case of Brand Value, it has shown a growth of over 41% while crossing the $500 million mark. A range of solid branding and awareness projects has positively impacted revenue growth, with LTM revenue higher than $ 1 billion.
Hexaware's workforce is instrumental in driving a high-value brand presence and realizing the brand purpose. To value their contribution, Hexaware undertakes various programs that focus on their holistic growth.
Ram Singampalli, Chief Operating Officer at Hexaware Technologies, said, "We are proud to represent our passion and sense of commitment to creating memorable digital experiences through strategically crafted branding initiatives. Our efforts are driven to ensure that as the brand evolves, every individual associated with the brand grows and manifests the brand principles."
About Hexaware
Hexaware is a global IT, BPS and consulting services company empowering businesses worldwide to realize digital transformation at scale and speed.
Learn more about Hexaware at http://www.hexaware.com. Take an immersive 360° virtual tour of our campuses worldwide at https://www.hexawareimmersive.com.
Logo: https://mma.prnewswire.com/media/530945/Hexaware.jpg
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SOURCE Hexaware Technologies Ltd. | https://www.wibw.com/prnewswire/2022/07/12/hexaware-celebrates-5-year-milestone-its-new-brand-identity/ | 2022-07-12T12:03:03Z |
The second annual contest generated submissions about the peace, tranquility, and relaxation the outdoors has provided visitors of America's federal public lands and waterways
DENVER, Colo., June 29, 2022 /PRNewswire/ -- Recreation.gov announced nearly 30 winners of various prizes for its second annual "Share Your Story" contest, which invited visitors of America's federal public lands and waterways to submit stories detailing their experiences exploring and spending time in the great outdoors. The winners were selected from nearly 1,000 entries and discussed feelings of gratitude and appreciation, creating crucial memories with family and loved ones, as well as impactful conversations with strangers. Participants submitted stories in the following categories: Traditions (Old and New), RV/Campervans, Family Trips, and Activities and Adventure.
"Once again, we were touched by the inspiring stories submitted to the 'Share Your Story' contest," said Rick DeLappe, Program Manager at Recreation.gov. "We're honored that Recreation.gov continues to contribute in a small way to bringing people together and helping them find peace, enjoyment, and a sense of togetherness, with nature, family, or new friends met along the way. By highlighting these visitors' experiences, we hope it inspires others to use Recreation.gov to recreate responsibly and bring home a story."
The 2022 "Share Your Story" contest prize winners:
- Abigail E., The Blind Man and a Camera
- Brianna T., The heart of a renewed tradition.
- Drew C., How Can One Not Say "Thank You"
- Jeff B., Connecting Kids To The Outdoors At The Best Lake In Northern California
- Jennifer N., Minivan Memories: A family adventure
- Jillian T., Shenandoah: So Beautiful, My Teenagers Abandoned Their Screens
- Josh V., 48: A Road Trip Adventure Around the Contiguous United States
- Karin L., Exploring Yosemite in Early Fall
- Lana H., Lost and Found
- Lori M., Last Chance Surprises
- Madelene W., Bright Angel, Hungry Mule.
- Maria W., Pele's Heart
- McKenzie C., Needing to be Needed
- Meredith M., Zion National Park: Skip the '5 National Parks in 5 Days' Itinerary
- Michelle P., Magical Moments in the Outdoors: Our 2021 Family Adventure
- Michelle P., Two words: Half Dome
- Mike D., The White Rim Trail in Canyonlands National Park
- Natasha B., Tears Atop of the Half Dome
- Nora B., Meet Walter
- Patrick B., Staying Over with Maui's Grandma
- Peter S., Winter at The Wave
- Richard M., Winter Sunset on an Acadian Mountain
- Sarah B., We Vow Never to Be Too Old to Be Junior Rangers
- Sarah S., Soul Places
- Sheila H., Reclaiming Wonder
- Tina B., How the Great Outdoors Strengthened our Faith and Family
- Troy H., Days of Awe and Wonder
- Wendy H., Great Adventure Close to Home
"Booz Allen is proud to sponsor the 'Share Your Story' contest again this year," said Julie McPherson, Executive Vice President at Booz Allen Hamilton. "The story submissions showcased how the outdoors provided a sense of healing and a reprieve. As summer travel picks up, we hope visitors collect their stories and discover new experiences through the tools and resources available on Recreation.gov."
Stories and any accompanying photos took place between January 1, 2020 and April 30, 2022 and were within the facilities of participating agencies: National Park Service; Bureau of Land Management; Bureau of Reclamation; U.S. Fish and Wildlife Service; U.S. Forest Service; U.S. Army Corps of Engineers; National Archives and Records Administration; and National Oceanic and Atmospheric Administration. Read this year's entries to inspire your next adventure: https://www.recreation.gov/shareyourstory/story-gallery.
Complete contest rules can be found at: https://recreation.gov/shareyourstory/contest-rules.
This contest was administered by Booz Allen Hamilton Inc. (the "Administrator"), 575 Herndon Parkway, Herndon, VA 20170, who is solely responsible for the administration of this contest and the purchase, selection, and awarding of the prizes, as defined below. You can access our complete toolkit with graphics and descriptions here: https://www.recreation.gov/media-center.
This website is a tool to plan your next trip, figure out details, and reserve experiences at over 4,300 facilities and 113,000 individual sites across the country. The Recreation.gov mobile app puts adventure at your fingertips. From booking a weekend getaway to planning a cross-country road trip, the Recreation.gov app helps you find and reserve campsites, review location details, and quickly access information on past and upcoming reservations.
Contact email: mediacenter@recreation.gov
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SOURCE Recreation.gov | https://www.mysuncoast.com/prnewswire/2022/06/29/recreationgov-announces-2022-share-your-story-writing-contest-winners/ | 2022-06-29T14:14:46Z |
"Countdown to Pride" Campaign to support GLAAD, The Trevor Project, and Project Contrast to Conclude with First-Ever Nationwide "Pride Eve" Celebration
LOS ANGELES, May 18, 2022 /PRNewswire/ -- Inviz.tv, an Invisible Narratives company, is partnering with over 100 creators, influencers, and artists to launch a nationwide campaign and celebration to support the LGBTQ+ community.
Nearly 40 states are considering legislation targeting the LGBTQ+ community, with hundreds of anti-LGBTQ+ bills filed already in 2022. This year's "Countdown to Pride" campaign is a digital telethon powered by Invisible Narratives' creative partners and social media influencers, encouraging millions of followers to support organizations fighting for the LGBTQ+ community.
Over 20 different Pride flags representing a broad array of LGTBQ+ identity groups are available for purchase at Inviz.tv. All donations and proceeds will benefit Gay & Lesbian Alliance Against Defamation ("GLAAD"), The Trevor Project, and Project Contrast.
There is not only an urgent need to support these and other organizations, but also to show our full support for the LGBTQ+ community, and to celebrate love. Pride has spread nationwide, with events spanning the month of June and beyond. That is why May 31st this year, and each year going forward, will be "Pride Eve" – an opportunity to celebrate Pride together as a nation, counting down to 12:00 AM on June 1st to signal the official start of Pride Month.
Because not all LGBTQ+ community members and allies can be in the same place at the same time to countdown to Pride Month, Invisible Narratives is bringing everyone together by launching a first-of-its-kind celebration across social media platforms – a decentralized broadcast that will be streamed across TikTok, Instagram, and Youtube. Additionally, Inviz.tv is working with creators, influencers, and artists including Raven Symone, Big Freedia, Nyle DiMarco, Adelaine Morin, Josh Zilberberg, Loey Lane, Brooklynne Webb, Nikita Dragun, and others - to help spread the word about Pride Eve. The company is partnering with Jake Webb, President and Founder of Slash Management and Studios, and Range Media Partners to produce the broadcast program.
Invisible Narratives will also be hosting an in-person VIP event to celebrate Pride Eve, with the creators, influencers, and artists who are championing the cause. DJ Alex Chapman will perform live at this first-ever celebration on May 31st at Poppy Nightclub in West Hollywood where the stars will countdown to Pride Month together.
Invisible Narratives launched in 2018 as an opportunity to eliminate the gatekeeping, red tape, and slow pace of traditional media giants. At a time when the digital landscape was becoming more decentralized, Invisible Narratives began building a direct-to-fan platform designed to empower creators.
"At Invisible Narratives, many of our friends, family, and talent we work with are members of the LGBTQ+ community. When one of our concerned creative directors expressed the urgent need for a unifying Pride celebration, it became clear we needed to rally collectively to cement this moment in history. We have a platform and thus the responsibility to take action against hate by spreading love," said Catherine McEvoy, Co-President of Invisible Narratives. "Pride Eve is an opportunity to illustrate that it is possible to mobilize quickly and drive authentic advocacy by empowering influencers to speak out and motivate their audiences. There is no better time and no better purpose."
Now more than ever, this community needs our support. An event and campaign of this caliber typically requires a year to plan and execute. Given the urgency of the moment, Invisible Narratives is organizing and launching Pride Eve and the campaign to raise funds for GLAAD, The Trevor Project, and Project Contrast in under 60 days.
"This has been a very tough year for the LGBTQ+ community and we are excited to partner with Invisible Narratives during this critical time on the first-ever Pride Eve celebration," said Anthony Allen Ramos, GLAAD Vice President of Communications and Talent. "At a time when Pride flags are even being politicized and banned in educational and corporate spaces, now is the time to reclaim them for what they are: a symbol of love, acceptance, and resilience. We hope this celebration will unite the LGBTQ+ community and allies, while also helping to spread love and acceptance across the nation."
To learn more about Pride Eve and to #RaiseYourFlag visit Inviz.tv.
Media Contact
Caroline Beckmann
cbeckmann@tridentdmg.com
202-440-1783
About Invisible Narratives
Founded by former DreamWorks and Paramount Pictures Executive, Adam Goodman, Invisible Narratives is a next-generation shopping and entertainment company. Sitting at the intersection of the creator economy, the crypto economy, and the entertainment business, Invisible Narratives is designed for today's audience, one that does not want to pay for content but to invest in people, culture, and drops.
About GLAAD
GLAAD rewrites the script for LGBTQ acceptance. As a dynamic media force, GLAAD tackles tough issues to shape the narrative and provoke dialogue that leads to cultural change. GLAAD protects all that has been accomplished and creates a world where everyone can live the life they love. For more information, please visit www.glaad.org or connect with GLAAD on Facebook and Twitter.
About Range Media Partners
Range Media Partners was founded in September 2020 with the mission of partnering with the world's most creatively ambitious minds to build cultural capital. Range's Managing Partners have formed a strategically curated group of leaders across talent representation, production, activism, brand storytelling, venture strategy, and Web 3. With clientele spanning film, television, music, literary, tech, and activism, Range's thoughtful approach to representation is at the forefront of a vibrant new cultural era that is dynamic, diverse, and engaged. Range guides exceptional talent into unlocking their full global value in all businesses and amplifies truly remarkable voices across every part of the entertainment ecosystem.
About Slash Management and Studios
Slash Management & Studios, Inc. is a talent management firm representing multi-talented artists reaching a broad digital fan base. The firm offers full-service talent management with a focus in music TV/Film Development, endorsements, and licensing/brand-building. The company was founded in 2019 by Jake Webb, Heinz Holba, and Karine Roman. Slash Studios clients include Nikita Dragun, Pressley Hosbach, Tati Mitch, Dinah Jane, Loey Lane, Snitchery, Princess Mae, and more.
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SOURCE Invisible Narratives | https://www.mysuncoast.com/prnewswire/2022/05/18/inviztv-partners-with-over-100-influencers-reach-millions-driving-immediate-support-lgbtq-community-amid-nationwide-legislative-attacks/ | 2022-05-18T16:31:14Z |
NEW ORLEANS, June 24, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 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.
What You May Do
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.
About the Lawsuit
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.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.mysuncoast.com/prnewswire/2022/06/25/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/ | 2022-06-25T04:36:00Z |
NASHVILLE, Tenn., Aug. 29, 2022 /PRNewswire/ -- Leading global transport and logistics provider GEODIS plans to hire approximately 5,000 seasonal workers across its campuses in the U.S. and Canada for peak season. The company is increasing its workforce to strengthen its warehousing and distribution center capabilities to prepare for the holiday season.
According to Insider Intelligence, the 2022 peak season is expected to see healthy consumer spending patterns continue after record 2021 holiday sales as global supply chains continue to stabilize. To anticipate demand, GEODIS plans to hire seasonal employees to join its existing workforce of more than 13,000 employees across the U.S. and Canada.
"With the economic conditions consumers and our clients are facing, it is now more critical than ever that businesses have a trusted third-party logistics partner with the expertise and team to navigate the unexpected," said Anthony Jordan, GEODIS in Americas Executive Vice President and Chief Operating Officer. "At GEODIS, we are positioning ourselves to successfully steer through all of today's supply chain dynamics for our customers."
GEODIS is hiring material handlers and equipment operators this peak season across 20 of its campuses in the U.S. and Canada. GEODIS offers competitive pay along with referral bonuses. Additionally, GEODIS offers flexible schedules where feasible, the opportunity to choose between part-time or full-time seasonal work (including weekends and multiple shifts throughout the day to better accommodate work-life balance), an expedited payment option of up to 50% of the total paycheck before pay day through an on-demand program, and free access to telemedicine services on day one.
Along with prioritizing an employee-first work environment, GEODIS offers COVID-safe warehouses featuring socially distant workstations, frequent surface cleaning and extensive use of technology to help deliver ongoing reports within the warehouse to mitigate potential COVID-19 outbreaks. Additionally, GEODIS utilizes innovative technology to supplement its employee training to create a seamless onboarding process.
"At GEODIS, we offer the combination of a safe, collaborative atmosphere and great culture where our people come first," said Jordan. "Everyone deserves to work in an environment that is positive, supportive and makes them feel valued, and that's what our team and managers continually bring to the table. In addition, our doors are open to those seeking temporary work or even a career. It doesn't matter who you are; all backgrounds are welcome."
For more information on GEODIS' seasonal positions, visit www.MyWarehouseJob.com.
GEODIS – www.geodis.com
GEODIS is a global leading transport and logistics provider recognized for its commitment to helping clients overcome their logistical constraints. GEODIS' growth-focused offerings (Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport), coupled with the company's truly global reach thanks to a global network spanning nearly 170 countries, is reflected by its top business rankings: no. 1 in France and no. 7 worldwide. GEODIS employs over 44,000 people globally and generated €10.9 billion in revenue in 2021.
PRESS CONTACT
Lauren McKirgan
FINN Partners
615 512 8621
lauren.mckirgan@finnpartners.com
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SOURCE GEODIS | https://www.kxii.com/prnewswire/2022/08/29/geodis-hire-5000-seasonal-workers-peak-season/ | 2022-08-29T15:59:49Z |
BANGKOK, Sept. 9, 2022 /PRNewswire/ -- Kentucky Fried Chicken has done something incredible. KFC got the viral this month when a KFC founder Colonel Sanders' Birthday campaign was shown on millions of screens on the same day of Thailand's 9.9 double-digit sale.
If you're wondering what Thailand's 9.9 is, it's the Black Friday, Thailand's mega shopping day. Brands are going hard with discounts with the hope to get their sales up. This month's 9.9 was going wilder than ever that Colonel Sanders' Birthday was getting the big screen treatment with the campaign called "Thanks for Discounts on the Colonels' Birthday."
The concept that encouraged all brands to go all-in on the 9.9 campaign while also "thanking all brands for their promote to celebrate the Colonel's Birthday." Many brands joined in Colonel Sanders' big day by putting discount labels on their products. It's KFC. "Colonel Sanders" was not just going to promote his mouth-watering fried chicken on the birthday.
KFC was bringing their prominent figure out to the public to show the founder's gratitude by helping to promote other brands that offered discounts. KFC is sticking to its brand concept of bringing the community together and delivering pleasant moments in their lives. And that's not the end of its brilliant approach.
This KFC ad was being also aggressively advertised through lots of media. KFC went all in with the online, offline media, or even their KFC's own channel that are more than sure to reach a lot of eyeballs, especially the GEN Z. Hasn't got enough of this genius ad?
Adding a bit of Thai people's insights as the recipe to get the finest flavor out of this campaign has made it more "tastier." Thais are used to seeing artists' Happy Birthday billboards on the streets, so for Colonel Sanders' Birthday, billboards at BTS stations and Tuk Tuk wraps were undoubtedly put in place to spice up the campaign.
KFC was giving freedom to CJ WORX, a digital agency known for its marketing trick of viral campaigns, to come up with the campaign idea. CJ WORX sees it as a win-win situation for all parties since KFC helped in promoting other brands' products while also celebrating the birthday. Thais are seeing this ad as CJ WORX's latest proactive marketing tactic. It certainly is an example for other brands looking to do something fun, with the added bonus of going viral.
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SOURCE KFC | https://www.mysuncoast.com/prnewswire/2022/09/09/kfc-hijacks-99-colonel-sanders-birthday/ | 2022-09-09T14:00:43Z |
NEW YORK, May 10, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Lucid Group, Inc. (NASDAQ: LCID) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Lucid common stock between November 15, 2021, and February 28, 2022, inclusive.
Lead Plaintiff Deadline: May 31, 2022
No obligation or cost to you.
Learn more about your recoverable losses in LCID:
https://www.kleinstocklaw.com/pslra-1/lucid-group-inc-loss-submission-form?id=26951&from=4
Lucid Group, Inc. NEWS - LCID NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that defendants made materially false and/or misleading statements and failed to disclose material adverse facts about Lucid's business and operations. Specifically, the Company overstated its production capabilities while concealing that "extraordinary supply chain and logistics challenges" were hampering Lucid's operations. As a result of the defendants' wrongful acts and omissions, and the significant decline in the market value of Lucid's common stock, Lucid investors have suffered significant damages.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Lucid you have until May 31, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Lucid securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the LCID lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/lucid-group-inc-loss-submission-form?id=26951&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/05/10/lcid-alert-klein-law-firm-announces-lead-plaintiff-deadline-may-31-2022-class-action-filed-behalf-lucid-group-inc-shareholders/ | 2022-05-10T10:06:05Z |
Gov. highlights how Axe the Food Tax plan could save child care providers $7.5 million
TOPEKA, Kan. (WIBW) - Governor Laura Kelly has highlighted how her Axe the Food Tax plan would help save child care providers about $7.5 million.
On Tuesday, April 12, Kansas Governor Laura Kelly says she toured the T-Rocks Child Care Center in Topeka to discuss her Axe the Food Tax plan and how it would help child care facilities.
As food prices continue to rise due to COVID-19 pandemic-induced inflation, Gov. Kelly said the child care facilities have seen their budgets squeezed, just like every Kansas household. She said child care is crucial to keep the Kansas workforce strong and the economy growing.
“Completely eliminating the state sales tax on groceries will assist these facilities in keeping their doors open and providing the care needed for Kansas’ working families,” Kelly said. “We must ‘Axe the Food Tax’ now. I’m calling on the Legislature to send me a clean bill eliminating the state sales tax on groceries.”
Owners of T-Rocks said the cost of food is the second-highest expenditure it has - just after payroll.
The Governor noted that about 79% of child care providers in the state would benefit from the elimination of the state sales tax on groceries. If the tax were eliminated, she said the state’s child care sector would see about $7.5 million in savings - depending on the type of provider. She said that is an average of $22,776 per child care program per year.
Kelly said Legislators will return to the Statehouse on April 25 when they can Axe the Food Tax and eliminate the 6.5% state sales tax on groceries - which could be implemented by July 1.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/12/gov-highlights-how-axe-food-tax-plan-could-save-child-care-providers-75-million/ | 2022-04-12T18:06:56Z |
NEW DELHI (AP) — Police in India’s capital New Delhi arrested a Muslim journalist Monday evening for allegedly hurting religious sentiments in what many have slammed as the latest example of shrinking press freedoms under Prime Minister Narendra Modi’s government.
Mohammed Zubair, one of the co-founders of fact-checking website Alt News, was arrested over a tweet that police said deliberately insulted “the god of a particular religion.” Senior police officer K P S Malhotra said the case was registered following a complaint from a Twitter user and Zubair was remanded in custody for one day.
Journalists across India have been increasingly targeted for their work in recent years. Some have been arrested under stringent criminal charges over posts on social media, where they routinely face threats and trolling. The Twitter accounts of some journalists and news websites have also been suspended on government orders.
The incident immediately set off a wave of outrage, with activists, journalists and opposition politicians taking to social media to decry it as harassment of the press while calling for Zubair’s immediate release.
“In a democracy, where every individual possesses the right to exercise the freedom of speech and expression, it is unjustifiable that such stringent laws are being used as tools against journalists,” said DIGIPUB, a network of Indian digital news organizations, in a statement.
“Arresting one voice of truth will only give rise to a thousand more,” wrote opposition Congress leader Rahul Gandhi on Twitter.
Pratik Sinha, the other co-founder of Alt News, said that Zubair was arrested without any notice from police, which is mandatory under law for the sections under which he has been detained.
Founded in 2017 as a nonprofit, Alt News is India’s most prominent fact-checking news website and has gained a reputation for its reporting on hate speech and debunking misinformation, particularly by Hindu nationalists. Its founders often face online trolling and threats by right-wing groups, some of them linked to Modi’s Bharatiya Janata Party.
Several similar cases have been filed against Zubair in the past. Earlier this month, police charged him for calling some Hindu monks “hatemongers,” news website The Wire reported. The Hindu monks had made inflammatory statements about Muslims and at least one of them had called for a “genocide” of the minority community. The monks were arrested and later released on bail.
Zubair was also among the first journalists to highlight controversial comments made by the now-suspended spokesperson of the BJP on the Prophet Muhammad that created a diplomatic row for the Modi administration. The Indian government distanced itself from the spokesperson’s comments after it sparked massive backlash from many Muslim nations.
India’s rank fell eight places to 150 among 180 countries in this year’s Press Freedom Index published by watchdog group Reporters Without Borders.
“Indian journalists who are too critical of the government are subjected to all-out harassment and attack campaigns,” it noted in its 2022 edition, adding that reporters were regularly exposed to police violence and increasing reprisals from officials.
Zubair’s arrest comes two days after lawyer and human rights activist Teesta Setalvad was arrested by the Gujarat state police’s anti-terrorism wing.
Setalvad was arrested Saturday for allegedly “committing forgery and fabricating evidence” in a case about the 2002 anti-Muslim riots in Gujarat state. Modi, who was then chief minister of Gujarat, has denied the charges against him, and has been cleared of complicity after government investigators and courts ruled there is no evidence against Modi.
Setalvad has long campaigned to get justice for victims of the riots in which nearly 1,000 people, most of them Muslims, were killed. Her arrest was condemned by global rights groups like Human Rights Watch and Amnesty International.
___
Associated Press writer Krutika Pathi contributed to this report. | https://cw33.com/news/international/ap-international/arrest-of-indian-muslim-journalist-sparks-widespread-outrage/ | 2022-06-29T02:40:37Z |
TYRONE TOWNSHIP, Mich. (WOOD) — Mystery solved: The bunker-like area found in a state game area in Michigan was built by teenagers, officials say.
The Michigan Department of Natural Resources said that after Nexstar’s WOOD-TV aired a report on the bunker in the Rogue River State Game Area Monday, a mother called the Kent County Sheriff’s Department.
She said her 15-year-old son and his friend built the bunker for fun.
Located about a mile hike into the state game area northeast of Kent City and about 50 yards off a narrow trail, the bunker is about 15 by 15 feet and almost 3 feet deep.
On Monday, about 70 sandbags were stacked around the perimeter and several more were sitting in the corner. There were some freshly cut down trees nearby.
Cutting down trees, digging large holes and leaving sandbags on state land is illegal, the DNR said. A conservation officer will meet with the boys and make them fill the hole and restore the area.
No charges are expected, the DNR said. | https://cw33.com/news/nexstar-media-wire/mystery-bunker-in-michigan-woods-was-built-by-kids-officials-say/ | 2022-06-21T22:35:15Z |
NAPERVILLE, Ill., May 6, 2022 /PRNewswire/ --L, May 6, 2022. Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the first quarter of 2022 as summarized below:
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SOURCE Chicago Rivet & Machine Co.
NAPERVILLE, Ill., May 6, 2022 /PRNewswire/ --L, May 6, 2022. Chicago Rivet & Machine Co. (NYSE American: CVR) today announced results for the first quarter of 2022 as summarized below:
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SOURCE Chicago Rivet & Machine Co.
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.kxii.com/prnewswire/2022/05/06/chicago-rivet-amp-machine-co-announces-first-quarter-results-operations/ | 2022-05-06T21:23:55Z |
Module Enables Plug-and-Play Compatibility with a Variety of Existing Subsystems
LOS ANGELES, April 25, 2022 /PRNewswire/ -- Silvus Technologies, Inc. ("Silvus") today announced the launch of the StreamCaster 4200 Plus Drop-in Module, an embedded integration package for the StreamCaster 4200 Enhanced Plus at AUVSI Xponential 2022.
Equipped with a familiar mechanical footprint, hole pattern, and JST connectors for plug-and-play compatibility with a variety of subsystems currently on the market, the Module makes Silvus' industry-leading MN-MIMO technology more accessible than ever. With the Module's ability to quickly and easily integrate with existing hardware and cable interfaces, end users will benefit from:
- Reduced time to market and development investment
- Industry-best range, throughput, and robustness
- Low size, weight, and power consumption (SWaP)
- Dual bands in a single package without needing to swap hardware
- Spectrum Dominance waveform enhancements, including Anti-jam, LPI/LPD, and ToF Ranging
- Interoperability with StreamCaster (AN/PRC-169) Program of Record radios
"Unmanned system platform integrators demand options depending on end user preference and mission requirements," said Jimi Henderson, Silvus Vice President of Sales. "The StreamCaster 4200 Plus Drop-in Module's design approach provides integrators with the ability to quickly and easily upgrade their existing 802.11 based datalink with the extended range, reduced weight, and more advanced anti-jam and LPI/LPD capabilities that MN-MIMO provides, while ensuring interoperability with a growing number of US DoD Programs of Record where StreamCaster radios are being adopted."
After meeting internal quality standards and successful completion of on-site client integration testing, the StreamCaster 4200 Plus Drop-in Module is now available. For more information or to request the full integration package, contact info@silvustechnologies.com or visit us at Booth 2414 at AUVSI Xponential.
About Silvus Technologies, Inc.
Privately held and headquartered in Los Angeles, Silvus Technologies develops advanced MIMO technologies that are reshaping broadband wireless connectivity for mission critical applications. Backed by an unmatched team of PhD scientists and design engineers, its technologies provide enhanced wireless data throughput, interference mitigation, improved range, mobility, and robustness to address the growing needs of its government and commercial customers.
Media Contact:
Patrick Renegar
W: 703-519-1600 Ext. 104
prenegar@livewiredc.com
Sales Contact:
Jimi Henderson
Phone: 310.479.3333
jimi@silvustechnologies.com
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SOURCE Silvus Technologies, Inc. | https://www.wibw.com/prnewswire/2022/04/25/silvus-launches-streamcaster-4200-plus-drop-in-module/ | 2022-04-25T15:11:31Z |
Plumbing Companies Will Now Be Offered High Performing Digital Marketing Services
CHARLOTTE, N.C., Aug. 16, 2022 /PRNewswire/ -- Matt Maglodi, founder of the full service digital marketing company Online Advantages, is pleased to announce the launch of Plumber SEO, which is the latest service from his new brand Digital Marketing For Plumbers By Online Advantages.
As Maglodi noted, through his extensive experience with SEO and digital marketing, he has seen first hand how these services have benefited the plumbing industry.
This knowledge inspired him to create the new brand and offer high performing digital marketing services to plumbing companies, including plumber SEO and much more.
To learn more about Digital Marketing For Plumbers By Online Advantages, please click here https://digital-marketing-for-plumbers.onlineadvantages.net/plumber-seo/ to go to the page that will address the following topics and questions:
- Search engine optimization for plumbing companies
- Why is search engine optimization for plumbers so important
- Search engine optimization company for plumbers
- Search engine optimization services that plumbers can trust
- Search engine optimization plumbing agency
- Plumbing search engines optimization
The fact that Maglodi has added new brand and specialized digital marketing service to his company will not surprise the many satisfied clients who have worked with him over the years.
Since Maglodi launched Online Advantages, he has earned a well-deserved reputation for not only offering the best and most effective digital marketing services, but also for being on the lookout for additional services he and his team can offer. Never content to rest on his laurels, Maglodi is always thinking about how he can help his valued clients and their companies succeed.
Even though Maglodi only began offering digital marketing for plumbers quite recently, he and his team are already seeing a great deal of interest from plumbing companies.
"Our customer focused team will improve your Digital Presence and increase sales for your web-based plumbing operations."
Digital Marketing For Plumbers By Online Advantages is a unique full service internet marketing company. Founder Matt Maglodi specializes in all aspects of online marketing from video marketing, to pay per click advertising, organic search and social media. For more information, please visit https://digital-marketing-for-plumbers.onlineadvantages.net.
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SOURCE Digital Marketing For Plumbers By Online Advantages | https://www.wibw.com/prnewswire/2022/09/01/plumber-seo-latest-service-digital-marketing-plumbers-by-online-advantages/ | 2022-09-01T01:31:19Z |
Lululemon wants your used workout clothes
By Parija Kavilanz, CNN Business
Lululemon doesn’t mind if you’ve power walked, danced, stretched or meditated in its clothing. Soon you can trade in your gently used items at any of its US stores.
The athleisure company, known for its pricey leggings and yoga pants, said Tuesday it is expanding the resale program it launched last year in two states to its 394 US stores and online.
Starting April 22, Lululemon shoppers can trade in used items, including pants, tops, shorts, jackets and more, in exchange for an e-gift card as part of the “Lululemon Like New” program.
The retailer said all returned items will be cleaned and evaluated for resale through a partnership with Trove, an industry expert in recommerce. The chain will then offer the approved items for resale on lululemon.com
The value of the gift cards customers receive will vary, depending on the type of item traded in and its condition once it’s approved for resale.
The retailer will offer $5 for tank tops, t-shirts, short and long sleeve shirts and shorts, $10 for hoodies, sweatshirts, sweaters, pants, crops, leggings, dresses, and bags and $25 for Lululemon coats & jackets.
That’s something, and it keeps clothes out of landfills. But for a company that sells shirts for $60 and hoodies for $120, you won’t be getting a huge return on your investment. You may be able to get better offers on other secondhand stores.
“Lululemon Like New is just one example of how we’re working towards creating a circular ecosystem and offering ways to extend the life of our product,” said Maureen Erikson, Lululemon’s senior vice president of Global Guest Innovation. “Buying secondhand is no longer a trend, it’s a new normal here to stay — our pilot proved that our community is passionate about participating in recommerce.”
Neil Saunders, retail analyst and managing director at GlobalData Retail, noted that other activewear brands have also jumped into reselling their used products, including Nike, Adidas and Patagonia.
“Resale is ideal for Lululemon as its well-designed, high-quality products are built to last and have a relatively long lifecycle,” Saunders said. “Moreover, when bought new, Lululemon items are expensive so there is a strong demand for slightly cheaper alternatives in the secondhand market.”
One challenge in the resale of sportswear, he noted, is shoppers concerned by the idea that someone has already worn — and sweated — in those garments.
“However, by controlling the process itself rather than selling via third-party platforms,” Sanders said, “Lululemon can overcome some of these objections as the brand has a reputation for high quality, good customer service and reliability.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/12/lululemon-wants-your-used-workout-clothes/ | 2022-04-12T15:06:17Z |
Idaho Fraternal Order of Police announces endorsement of Governor Little
BOISE, Idaho (KIFI) — The Idaho Fraternal Order of Police announced today their endorsement of Governor Brad Little in the upcoming May 17 Republican Gubernatorial Primary.
The FOP is the largest law enforcement organization in Idaho with 2,500 members statewide and 30 local lodges.
“Governor Little backs the blue and we are proud to back him,” FOP President Bryan Lovell said. “The endorsement of the Idaho Fraternal Order of Police represents thousands of law enforcement officers across Idaho. We thank Governor Little for his continued support of law enforcement and those who put it all on the line to serve the communities in which they live.” | https://localnews8.com/news/idaho/2022/04/11/idaho-fraternal-order-of-police-announces-endorsement-of-governor-little/ | 2022-04-11T19:07:25Z |
Which Charlotte Tilbury palette is best?
Few brands spell luxury in cosmetics like Charlotte Tilbury. The UK-based brand, started by a makeup artist, has won more than 300 global beauty awards since it was established in 2013. It’s well-known for a variety of products, but shines especially in its offering of palettes, which look great on most skin tones and give a glow to your look. If you’re looking for a versatile palette, Charlotte Tilbury Filmstar Bronze & Glow Contour Duo is the top choice.
What to know before you buy a Charlotte Tilbury palette
Charlotte Tilbury palettes are top-notch, and you can’t go wrong with them. Choosing one is more about deciding what use you want to put your palette to. For example, if you’re looking for a versatile, day-ready look, one of the brand’s range of nude shades will serve you well. If you want a bolder evening look, it will pay to choose a Charlotte Tilbury palette with a wider range of colors.
Range of colors
Some Charlotte Tilbury palettes offer variety in a narrow range of shades, such as a breathtakingly beautiful choice of gold-tinged highlighting shades. Others, like The Icon Eyeshadow Palette, offer a wide range, from a dark blue, to a green, to a rich array of warm tones, both shiny and matte.
Company ethics
One good reason to invest in Charlotte Tilbury palettes is that Charlotte Tilbury is cruelty-free, and free of parabens and sulfates. So if your cosmetics purchases are driven by these considerations, you can rest easy when buying Charlotte Tilbury palettes.
Color saturation
One of the reasons to splurge on luxury brands like Charlotte Tilbury can be the richness of the shades they offer. With a higher cost comes premium ingredients and a rich, color-saturated look that doesn’t crease.
What to look for in a quality Charlotte Tilbury palette
When narrowing down your choices for Charlotte Tilbury palettes, here are a few features to consider:
Shimmer vs. matte
Nobody does shimmer better than Charlotte Tilbury. You’ll notice that most of the palettes they offer have at least one spectacular shimmery eyeshadow, which makes your brow-bone stand out and which softens your whole look with a warm glow. There are times you just want a serviceable matte shadow to give your eyes depth without the sparkle of a shimmery eyeshadow. So when choosing a Charlotte Tilbury palette, be sure to decide whether you want to lean into the shimmer or opt for a mostly matte look.
Purse or home
Charlotte Tilbury makes many of its iconic palettes in a smaller, portable version, to give you the versatility of bringing your palette with you for touch-ups on the go. Opting for these smaller sizes also lets you try a wider range of shades at a lower cost. That said, if you fall in love with a shade and it gets discontinued (it happens!) you’ll wish you had bought the full-sized product.
How much you can expect to spend on Charlotte Tilbury palettes
Expect to pay in the $50-$75 range for a Charlotte Tilbury palette.
Charlotte Tilbury palettes FAQ
Which shade goes where on the eyelid?
A. You’ll notice many Charlotte Tilbury palettes don’t have the traditional layout of “crease,” “lid,” “brow bone,” that many of us have come to expect, especially in drugstore brands. That’s because Charlotte Tilbury shades look great on various parts of the eye, and the brand encourages experimentation and finding the look that works for you. So while the rule of “dark on the crease/lighter on the lid/lightest on the brow” can hold, feel free to blend and play to find your own signature look.
How do I choose the right Charlotte Tilbury palette for me?
A. There’s no one answer to this question, since so much depends on taste and what need you’re looking to fill with your Charlotte Tilbury palette. As a rule of thumb, customers with lighter (blue or green) eyes may want to opt for lighter shades, whereas those with darker eyes can usually take darker shades. But none of this is set in stone. Light-eyed customers can rock a dramatic, smoky eye, and dark-eyed people can give themselves a shimmery glow. It’s all about what makes you feel great.
What’s the best Charlotte Tilbury palette to buy?
Top Charlotte Tilbury palette
Charlotte Tilbury Filmstar Bronze & Glow Contour Duo
What you need to know: The sheer versatility of this palette makes it a winner. Sure, it’s a bronzer and glow combination, but its uses don’t stop at the cheeks. Feel free to use this as a base for your eyeshadow, or dust a bit of it on collar bones when donning a great summer look.
What you’ll love: These colors add warmth and glow to just about any skin tone. Their “Light Flex” technology helps your skin capture and reflect light in a flattering way.
What you should consider: Some customers note that you should be gentle with it, as shocks will cause it to shatter.
Where to buy: Sold by Sephora
Top Charlotte Tilbury palette for the money
Charlotte Tilbury – The Icon eyeshadow palette
What you need to know: Relative to other Charlotte Tilbury palettes, the wide range of shades make this the more cost-effective option.
What you’ll love: All the Charlotte Tilbury quality and color-saturation, in small enough quantities that you get a dab of a wide range of colors for an affordable price.
What you should consider: If you’re looking for a “paint by numbers,” easy-to-apply palette, this is not it. It may take some experimentation to figure out which shades look good on which parts of your eye.
Where to buy: Sold by Amazon
Worth checking out
Charlotte Tilbury Starry Eyes to Hypnotize
What you need to know: This palette offers everything from golds to rosy to dusky green and blue colors.
What you’ll love: Users give it five-star ratings, noting they love the color schemes.
What you should consider: Some users looking for maximum shine may want to look for a more shimmery product palette that is not matte.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/makeup-palettes-sets-br/best-charlotte-tilbury-palettes/ | 2022-06-05T19:46:45Z |
LAS VEGAS, Aug. 5, 2022 /PRNewswire/ -- Realty ONE Group, a modern, purpose-driven lifestyle brand and ONE Of the fastest growing franchisors today, is partnering with the National Association of Hispanic Real Estate Professionals (NAHREP), as it continues to strategically grow and expand its diverse, global network. This is the first of several partnerships Realty ONE Group plans to launch in order to broadly represent REALTORS(R) and their clients around the world.
"We believe that formalizing our partnership with NAHREP will allow us to help so many more Hispanic homeowners and our REALTORS(R) who work so hard for them every day," said Kuba Jewgieniew, CEO and Founder of Realty ONE Group.
NAHREP has a network of over 40,000 real estate professionals and is The Voice for Hispanic Real Estate® advocating for more Hispanic families to achieve the American Dream of homeownership for generations to come. As part of the formalized partnership, Realty ONE Group will add even more representatives to serve on NAHREP boards and throughout the organization.
This year, Realty ONE Group was ranked a Top 100 Recession-Proof franchise by Franchise Business Review and the company claimed the No.1 spot for real estate franchisors on Entrepreneur's highly competitive 2022 Franchise 500(R) List.
Realty ONE Group now has more than 18,000 real estate professionals in more than 400 offices in 49 states, Washington D.C. and Canada and will be opening in Ecuador, Costa Rica, Italy, Singapore, Spain and Portugal in addition to the U.S. territory of Puerto Rico.
Learn more at www.OwnAOne.com.
Founded in 2005, Realty ONE Group is an industry disruptor, radically changing the face of real estate franchising with its unique business model, fun coolture, technology infrastructure and superior support for its real estate professionals. The company has rapidly evolved to include more than 18,000 real estate professionals in over 400+ offices across 49 U.S. states, Washington D.C., Puerto Rico, Canada, Italy, Spain, Singapore, Costa Rica and Portugal. Realty ONE Group ranks in the top one percent in the nation by REAL Trends and has been recognized by Entrepreneur Magazine as the number ONE real estate brand. Realty ONE Group is surging ahead, opening doors, not only for its clients but for real estate professionals and franchise owners. To learn more, visit www.RealtyONEGroup.com.
About NAHREP
The National Association of Hispanic Real Estate Professionals® (NAHREP®), a nonprofit 501(c)6 trade association, is dedicated to advancing sustainable homeownership for the Hispanic community in America. NAHREP has a network of over 40,000 real estate professionals and 100 local chapters nationwide, hosting several national events per year and publishing multiple industry cornerstone reports annually and multimedia content. NAHREP advocates for policies that grow sustainable Latino homeownership, read the organization's 2022 policy priorities here.
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SOURCE Realty ONE Group | https://www.wibw.com/prnewswire/2022/08/05/realty-one-group-partners-with-nahrep/ | 2022-08-05T10:40:39Z |
LOUISVILLE, Ky., Aug. 23, 2022 /PRNewswire/ -- How does a first-time landscape contractor or other attendee find their bearings at Equip Exposition, the sixth largest trade show in the United States? The show, held October 18- 21, 2022, offers tips on how to navigate the event, which boasts a million square feet of exhibit space including a 30-acre Outdoor Demo Yard showcasing the newest outdoor power equipment in the industry at the Kentucky Exposition Center (KEC).
"First, with a show this size be sure to wear comfortable shoes," says Kris Kiser, President & CEO of the Outdoor Power Equipment Institute (OPEI), which owns Equip Exposition. "Also, Expo is open rain or shine. Check the weather report so you can dress appropriately."
Other insider tips include:
- Register now before registration price doubles on September 9. Lock in your early-bird ticket for only $20. Prices double to $40 at midnight September 9, and double again after October 14 to $80.
- Reserve your hotel room and make travel plans now. Louisville's 17,000 hotel rooms book up as October approaches. Some hotels are on a complimentary shuttle route that will get you to the show quickly. Book your hotel now and you might even win a prize.
- Download the official Equip Exposition app sponsored by Husqvarna. A show this size requires strategy. The app is the best way to plan your schedule. Navigate and mark the exhibits you want to see and education sessions to attend.
- Add education and training to your registration now. Landscapers can explore ways to grow their businesses with sessions on:
Dealers and technicians can also sign up for training to help them grow their businesses and skills. Dealership Management education sessions are included with all dealer trade show registrations.
- Get into the show fast. In addition to registration kiosks available onsite at the KEC in the South Wing lobby registration area, kiosks are also available at select hotels and the airport. Scan your registration bar code (bring your email confirmation!) and print your badge. Pre-registrants also can pick up their badges in "express" lanes in the South Wing lobby. To register onsite, go to the North Wing Lobby registration area. And there's free parking so there's no traffic at the KEC entrance gate.
- Connect with peers at the Welcome Reception: Held at Louisville Slugger Field on Tuesday, October 18, from 6:30 p.m. to 9 p.m., the reception features free food and fireworks, and a chance to meet your colleagues before the show kicks off the next morning. Sponsored by Husqvarna and Louisville Tourism.
- Fuel up on-site. A new coffee shop sponsored by EGO in the South Wing Lobby C, adjacent to the new Equip retail store, will be open during the show. Freedom Hall is the show's Food Hall with food trucks and three days of themed buffets (Taste of Kentucky, Southern BBQ, Little Italy). While in Freedom Hall, the tree climbing workshops, sponsored by STIHL, offer live climbing technique sessions on a real tree. The event is in collaboration with Davey Tree and the Women's Tree Climbing Workshop. Also visit the Outdoor Food Yard which offers food trucks and tented spaces to sit and relax.
- Test equipment in the Outdoor Demo Yard. Newly expanded to 30 acres, the Outdoor Demo Yard offers the opportunity to mow, mulch, cut, drive, and check out the latest outdoor power equipment. The expanded UTV Test Track lets licensed drivers over age 16 try the newest models.
- Take a run or walk. The inaugural Mulligan's Fun Run/Walk 5K, sponsored by Ariens Co., will benefit the Kentucky Humane Society. Run/walk across the Ohio River on the city's Big Four pedestrian bridge and in sight of Louisville's Great Lawn on Wednesday morning, October 19 at 7 a.m.
- Bring home a rescue pup. If you are looking to add a furry family member to your pack, Lucky's Mutt Madness, sponsored by the TurfMutt Foundation in partnership with the Kentucky Humane Society, brings a bevy of rescue dogs available for adoption to Freedom Hall on Thursday from 11:30 a.m - 2 p.m.
- Visit Hardscape North America (HNA). Equip Exposition registration gets you free access to HNA, the premier trade show for hardscape contractors.
- Stay up late. The Concert Series at 4th Street LIVE! will feature American country music singer and multi-platinum icon, Trace Adkins at 8 p.m. on Thursday night sponsored by STIHL on the Belgard Stage. Expo favorite and house band, THE CRASHERS will take the stage at 8 p.m. on Wednesday night.
- Explore Louisville. The city is easy to navigate and offers, 2,500 restaurants and more than 90 attractions, such as Louisville Slugger Field.
- Attend the closing keynote breakfast. This full breakfast includes a keynote address from National Geographic's Photo Ark creator Joel Sartore. Add this to your registration for only $15/person and go home inspired, and maybe you'll be the lucky RYOBI mower winner, awarded to one trade show attendee.
Visit https://www.equipexposition.com/ for more.
Media contacts
Ami Neiberger, Four Leaf PR on behalf of OPEI, 703-887-4877, ami@fourleafpr.com
Debbi Mayster, Four Leaf PR on behalf of OPEI, 240-988-6243, debbi@fourleafpr.com
Equip Exposition, the international landscape, outdoor living, and equipment exposition, is held annually in Louisville, KY, and in 2019 was ranked the sixth largest trade show in the United States. The show publishes equip magazine and is owned and managed by the Outdoor Power Equipment Institute, an international trade association representing manufacturers of outdoor power equipment, parts, small engines, battery power systems, portable generators, utility and personal transport vehicles, and golf cars, and their suppliers. For more information visit www.equipexposition.com
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SOURCE Equip Exposition | https://www.mysuncoast.com/prnewswire/2022/08/23/equip-exposition-first-timers-strategies-conquer-this-massively-awesome-show/ | 2022-08-23T13:12:30Z |
Atlético needs attack to start clicking again against City
By TALES AZZONI
AP Sports Writer
MADRID (AP) — Defense alone won’t be enough to keep Atlético Madrid alive in the Champions League this time. Diego Simeone’s team needs its attack to wake up if it wants to overcome the 1-0 first-leg loss to Manchester City in the quarterfinals of the European competition. The team was held scoreless and managed a total of one shot on target in its last two matches. To reach its first Champions League semifinals since 2017, Atlético needs its stars to step up when City visits on Wednesday. | https://localnews8.com/sports/ap-national-sports/2022/04/12/atletico-needs-attack-to-start-clicking-again-against-city/ | 2022-04-12T11:59:06Z |
Severe weather threat nixes Topeka’s KU Barnstorming Tour stop
Published: Apr. 28, 2022 at 6:42 PM CDT|Updated: 35 minutes ago
TOPEKA, Kan. (WIBW) - Friday’s KU Barnstorming Tour stop in Topeka has been canceled due to the threat of severe weather, per 6th Man Strategies, LLC.
Fans who purchased tickets can transfer them to Sunday’s stop at Blue Valley Northwest High School in Overland Park. 13 NEWS reached out to 6th Man Strategies regarding potential rescheduling and is awaiting a response.
The NIL group announced six additional stops Monday, with the Capital City first on the list.
WIBW Chief Meteorologist Jeremy Goodwin says Friday’s weather calls for a threat for hail up to 2-inches in diameter, a tornado threat and strong winds. Keep up to date with the latest forecast here.
Remaining stops on the Barnstorming Tour:
- April 30 – Hays, KS @ Hays High School Sunday
- May 1 – Overland Park, KS @ Blue Valley Northwest High School Friday
- May 6 – Kansas City, MO @ Rockhurst High School Saturday
- May 7 – Dodge City, KS @ Dodge City Convention Center Sunday
- May 8 – Kansas City, MO @ Pembroke Hill School
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/28/severe-weather-nixes-ku-barnstorming-tour-stop-topeka/ | 2022-04-29T00:18:14Z |
Thousands gather in KC for ‘We Are Not Free’ pro-choice rally
KANSAS CITY, Mo. (KCTV) - In one of the largest Kansas City protests of its kind since the reversal of Roe v. Wade, thousands of people made their voices heard at Monday’s “We Are Not Free” rally.
“I’m here as a mother and a healthcare worker,” said Nicole Moore, a Kansas City nurse.
“It’s vital to our lives and our freedom that we’re here,” said Alexis Hargis, a protestor from Kansas City, Missouri.
Local politicians and activists took the microphone at a rally at Mill Creek Park to kick things off. That was followed by a march through the Plaza.
“On this Independence Day, it’s extremely important for us to unite,” said Melissa Robinson, Councilwoman for the Third District.
“We cannot do it without you,” Ashley Aune, State Representative from the Northland, told the crowd. “We cannot do it without your dollars, and without your effort, and without your time.”
Missouri’s trigger law banned abortions in the state, with the exception of medical emergencies.
Across the state line, Kansans will vote Aug. 2 on the “Value Them Both” amendment. If passed, it would overturn a 2019 Kansas Supreme Court decision that found access to abortion to be a fundamental right in the state.
Protestors said holding the rally on the Fourth of July holds extra significance.
“‘America the free, America the brave’ used to choke me up,” Moore said. ”Now, it makes me mad because it’s not true anymore.”
“It’s ironic that it’s Independence Day,” Hargis said. “I don’t feel like I am free in this country.”
“Independence Day, and yet, women are losing their independence,” said Karen Mitchell of KCMO. “It’s not something to celebrate if you can’t participate in it.”
The deadline to register to vote is July 12.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/07/04/thousands-gather-kc-we-are-not-free-pro-choice-rally/ | 2022-07-05T12:30:04Z |
SEOUL, South Korea, Sept. 15, 2022 /PRNewswire/ -- J INTS BIO announced the poster presentation of its novel, orally administered 4th generation EGFR-TKI 'JIN-A02' at the ESMO 2022, that showed high potency of JIN-A02 against both cis and trans isomers of C797S mutation. This year's edition of the European Society for Medical Oncology Congress (ESMO 2022) was held in Paris, France from 9th to 13th September.
Even though EGFR-TKI have improved treatment outcomes of patients with EGFR mutant NSCLC, resistance inevitably emerges with disease progression and often with CNS metastasis. C797S mutation is one of the most common on-target resistance mutation after the use of 3rd generation TKIs such as Osimertinib. 'JIN-A02' is a novel 4th generation EGFR-TKI, which is highly selective and potent against C797S double and triple mutations, with high BBB penetrance and intracranial efficacy.
The allelic context in which this C797S mutation is acquired, cis or trans isomers, have significant implications for treatment outcomes. This is especially so when C797S positive tumor are in cis form together with T790M mutation. In such situations, there are no available treatments.
J INTS BIO believes that JIN-A02 will be pivotal in the treatment of patients with EGFR mutant NSCLC harboring C797S double or triple mutations, regardless of allelic context. And the company is expecting the Phase I/IIa clinical study for JIN-A02 to start recruitment before the end of this year.
About J INTS BIO
J INTS BIO is a bio company specialized in developing innovative anti-cancer and orphan drugs to realize the goal of changing lives and improving health for patients around the world. J INTS BIO's teams have prior multi-year experience in multinational pharmaceutical companies and CROs and track records in medical, regulatory affairs, drug discovery and development.
About 'JIN-A02'
'JIN-A02' is a novel orally administered 4th Generation EGFR TKI targeting C797S mutations in NSCLC. Although 1st, 2nd, and 3rd Generation EGFR TKIs have been used with some success, recurrence occurs in most patients including 3rd Generation TKIs such as Osimertinib. Currently, there are no approved therapies for patients who developed EGFR C797S mutations due to the use of 3rd Generation EGFR TKIs and with the high propensity of these cancers to metastasize to the brain, there is an urgent need to develop an effective drug with high blood-brain barrier permeability. 'JIN-A02', a novel oral EGFR TKI, which is effective against C797S double and triple mutations and have a high brain penetrance, is therefore expected to become the most promising Best-in-Class 4th-generation EGFR TKI in NSCLC patients with limited or no viable treatment options.
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SOURCE J INTS BIO | https://www.wibw.com/prnewswire/2022/09/16/j-ints-bios-novel-oral-4th-generation-egfr-tki-jin-a02-effective-against-both-cis-trans-isomers-c797s-mutations-esmo-2022/ | 2022-09-16T01:56:48Z |
The Company is preparing for the gradual resumption of manufacturing operations at the confectionary production site; the Sabra plant in Virginia has resumed partial production; the coffee and water companies and the business in Israel, excluding the confectionery division, delivered growth in the first half of 2022
PETAH TIKVA, Israel, Aug. 16, 2022 /PRNewswire/ -- This morning, Strauss Group (TASE: STRS) published its financial statements for the first half and second quarter of 2022. In the half-year, the Company delivered an increase of 8%1 in revenue, which amounted to NIS 4.5 billion. In the second quarter, revenue totaled NIS 2.3 billion, reflecting 4.6%1 growth. Growth is largely due to an increase in sales by the coffee company and was offset by a drop in sales by the Confectionery Division and Sabra, both of which operated on a partial scale in the half-year.
Despite the increase in sales, the Company reported a decline in operating profit and in the operating margin in the half and quarter. The effects of the recall in the Confectionery Division and the adjustment plan at Sabra's plant, coupled with the rising costs of raw materials, shipping and energy, globally and in Israel, led to a drop of 59.1% in the Group's operating profit, which amounted to NIS 204 million in the half-year, while income attributable to shareholders fell by 66.2% to NIS 113 million.
Ofra Strauss, Chairperson of the Strauss Group: "I would like to thank Giora for the 5 years in which he served as CEO and led the group with extraordinary responsibility, determination, partnership and collegiality. Giora always knew how to put the people at the center, he was always aware of the day-to-day details whilst keeping a broad perspective and relentlessly striving to lead the group forward.
During his tenure, which was characterized by many challenges, including the corona virus and input inflation, among others, Giora led significant processes that will benefit Strauss for many years to come, among them, the definition of the group's vision, the formulation of a business strategy for the coming years and the derived work plans for implementation.
The same commitment and responsibility for the future, which characterized his leadership along the way, is what led him to the timely decision to pass the baton to the next CEO who will lead Strauss in the years to come.
All of us at Strauss, and I especially, express our great gratitude to him for his tenure of more than 25 years in the group."
The Strauss Group Board of Directors is conducting a search to appoint a new CEO for the group via a dedicated search committee."
Giora Bardea, Strauss Group CEO: "The first six months of 2022 reflect the Group's inherent resilience as a diverse global company and its ability to successfully contend with a challenging macroeconomic environment along with internal challenges. In the past few months, we have simultaneously tackled two complex incidents –the Confectionery recall in Israel and the adjustments at Sabra's plant in the USA – both of which have negatively affected on the Group's results in the current half-year.
"At the same time, the coffee and water companies both delivered excellent performances, impressive sales growth and an increase in profit. We are wrapping up a quarter of strong revenue growth but a drop in our bottom line, mainly because of the effects of elevated raw material and energy prices as well as events in the Confectionery Division and Sabra.
"I know Strauss's resilience and strength and its strong and dedicated employees and managers from up close, and I am confident that we are on the right path."
Strauss Israel wrapped up the first half with NIS 1.75 billion in revenue and a decrease of 7.6%, which is largely the result of a 30.8% drop in sales by the Fun & Indulgence segment, which amounted to NIS 407 million in the six-month period as a result of the confectionery recall.
The Company has performed cleaning operations, has invested in infrastructure to ensure improved quality and food safety standards, and is presently preparing for the gradual resumption of production under strict control. A public announcement will be made accordingly, following receipt of approval from the Ministry of Health.
Sales by the Health & Wellness segment grew by 2.9% in the half-year and amounted to NIS 1.34 billion, mainly thanks to sales growth in the dairy business. Strauss Israel concluded the first six months of the year with an operating loss of NIS 26 million.
Strauss Coffee's performance in the half-year was especially strong. Sales in Israel Coffee grew by 6.1% in the first six months to NIS 395 million thanks to an increase in sales to the retail market and in away-from-home (AFH) sales. The coffee company's sales in Brazil rose by a sharp 62.4%1 in the half-year and amounted to NIS 1.26 billion following growth in quantities sold and price increases. The coffee business in Eastern Europe also delivered a successful half-year, with sales growing at double-digit rates1 despite the ongoing war in Ukraine.
Sabra continues to be affected by the implementation of the adjustment plan at the plant in Virginia. Since the plant was partly shut down in the first half and resumed operations on a partial scale in the second quarter, the company's sales in the half-year dropped by 50.2% and amounted to NIS 151 million (reflecting 50% ownership), with an operating loss of NIS 43 million (for 50%). Sabra's average share of the hummus market in the first half of the year was 33% (Number 1 in the market). Additionally, the ramp-up of operations at the plant continued in August, and the Company estimates that it will return to full-scale production in the second half of 2022.
Obela wrapped up the first six months with NIS 41 million in revenue (reflecting 50% ownership), an increase of 2.5%[2].
Strauss Water maintained its impressive growth in the current half-year. The company's sales in Israel amounted to NIS 382 million - an increase of 7.4% - thanks to growth in the customer base and in sales of new appliances. The business in China, although affected by lockdowns imposed due to COVID-19 outbreaks in the second quarter, also grew, with sales of NIS 351 million – an increase of 6.9%.
[1] Organic growth excluding foreign currency effects.
Data in this document are based on the company's non-GAAP figures, which include the proportionate consolidation of jointly controlled entities and do not include share-based payment, mark-to-market at end-of-period of open positions in the Group in respect of financial derivatives used to hedge commodity prices and all adjustments necessary to delay recognition of gains and losses arising from commodity derivatives until the date when the inventory is sold to outside parties, other net income and expenses, and the tax effect of excluding those items, unless stated otherwise.
[2] Organic growth excluding foreign currency effects.
Following are key financial data in a quarterly and multi-year comparison, according to the Management (Non-GAAP) Reports:
Conference Call
Strauss Group will host a Zoom conference call in Hebrew on Tuesday, August 16, 2022 at 14:00 (Israel time) with the participation of company management to review the financial statements of the company for the second quarter of 2022. Following is information for those wishing to join the conference:
Strauss Group will also host a Zoom conference call in English on Tuesday, August 16, 2022 at 15:30 (Israel time) (13:30 UK, 08:30 EST) with the participation of company management to review the financial statements of the company for the second quarter of 2022.
A recording of the calls will subsequently be available on the company's website at:
http://ir.strauss-group.com/phoenix.zhtml?c=92539&p=irol-conferencecalls
The financial statements of the company for the fourth quarter and full year 2021 and the presentation that will accompany the conferences will be available prior to the conference calls on the following websites:
http://www.tase.co.il
http://www.magna.isa.gov.il
http://ir.strauss-group.com/phoenix.zhtml?c=92539&p=irol-irhome
For further information, please contact:
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SOURCE Strauss Group Ltd. | https://www.wibw.com/prnewswire/2022/08/16/strauss-group-recorded-nis-45-billion-revenues-first-half-2022-8-organic-growth1-decline-59-operating-profit/ | 2022-08-16T05:32:39Z |
DALLAS, April 28, 2022 /PRNewswire/ -- The board of directors of Texas Instruments Incorporated (Nasdaq: TXN) today declared a quarterly cash dividend of $1.15 per share of common stock, payable May 17, 2022, to stockholders of record on May 9, 2022.
About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It's what we do and have been doing for decades. Learn more at TI.com.
TXN-G
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SOURCE Texas Instruments Incorporated | https://www.mysuncoast.com/prnewswire/2022/04/28/texas-instruments-board-declares-second-quarter-2022-quarterly-dividend/ | 2022-04-28T21:20:49Z |
SEATTLE, Aug. 8, 2022 /PRNewswire/ -- Bsquare Corporation announced today the appointment of Bernee D. L. Strom to the Board of Directors. Ms. Strom brings a breadth of experience as an entrepreneur who has founded and run a number of companies across a diverse set of industries. A seasoned public-company director, Ms. Strom has significant experience transforming strategies and driving continuous improvement and adds a broad set of meaningfully informed and diverse perspectives.
Ms. Strom most recently served as a member of the board of directors of MicroVision, Inc., as well as formerly serving on numerous public, private and non-profit boards. She recently completed her term as Chairman of the Board of Advisors of the Leeds School of the University of Colorado Center for Ethics & Social Responsibility. In 2015, she was honored by the Governor of the State of Washington and the Center for Women and Democracy as a leading businesswoman in the State of Washington.
"The timing is perfect for me to join the board. Bsquare is well positioned for growth and has the capital to execute. I look forward to working with Ralph, the board of directors, and the leadership team to achieve the company's goals," said Ms. Strom.
"I am delighted that Bernee will be joining our board. She brings a wealth of entrepreneurial and public company experience that we will put to work immediately as we pursue growth and profitability," said Ralph C Derrickson, President and CEO of Bsquare.
Bernee will serve as a Class III director and will also serve on the Governance and Nominating Committee replacing Davin Cushman on the committee.
About Bsquare
Bsquare (Nasdaq: BSQR) helps companies build connected products that participate intelligently in their own security, deployment, operation, and management, allowing our customers to realize the full potential of a connected world. We have extensive experience designing with Windows, Linux, Android, and other embedded operating systems and now operate IoT networks ranging in size from 50,000 to more than 1 million devices for our customers. Our technology is powering devices that help people be productive, enhance quality of life, and preserve the resources of our planet. Bsquare serves a global customer base from offices in Seattle, WA, and the United Kingdom.
Media Contact:
Christine Shannon
christines@bsquare.com
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SOURCE Bsquare | https://www.kxii.com/prnewswire/2022/08/08/bsquare-corporation-welcomes-bernee-dl-strom-board-directors/ | 2022-08-08T21:43:44Z |
Deal marks fourth investment from Pharos Fund IV, focused on value-based care
DALLAS and NASHVILLE, Tenn., Sept. 12, 2022 /PRNewswire/ -- Pharos Capital Group, LLC ("Pharos"), a middle-market private equity firm based in Dallas and Nashville, announced today it has made a significant investment in Renal Care 360° (or the "Company"), a comprehensive nephrology practice and chronic care management company founded by accomplished renal care entrepreneur Joe Cashia. Renal Care 360° partners with health systems, physician groups and local communities to provide enhanced community healthcare management services with a primary focus on patients in underserved, rural communities.
Pharos's investment, along with additional equity investment from the Company's founding shareholders, will be used to support continued growth of the Company's RC360° Connected Care Program, geographic expansion through acquisitions, and development of value-based care programs. Terms of the transaction were not disclosed.
Renal Care 360° has developed a unique model centered on early detection of unidentified chronic conditions using proprietary data analytics. Once medical conditions are identified, the Company offers early interventions through its affiliated physician practices with personalized education, real-time engagement, local and virtual clinic options, and dedicated care coordination to slow disease progression and improve outcomes for chronic kidney disease ("CKD"), end stage kidney disease ("ESKD"), and other co-morbidities. Renal Care 360° is also raising awareness and improving education of kidney disease in areas most impacted by inequities in access to care, enabling its health system and physician group partners to proactively engage and care for their patients.
Jim Phillips, a Partner at Pharos, said, "With the nationwide push to reform kidney care through deeper engagement of the population's most vulnerable CKD and ESKD patients, we have observed Renal Care 360°'s use of machine learning to early-identify and intervene with comprehensive, compassionate care to be a uniquely impactful model. Their specialized approach helps to slow disease progression, prevent unnecessary hospital admissions, enable physician and health system partners to continuously engage with their patients, and dramatically improve patient experiences and outcomes. We are thrilled to be partnering with a management team whose longstanding dedication to kidney care, physician practice management, home health, and population health is only rivaled by their passion to meaningfully improve and prolong the lives of many thousands of patients who may otherwise slip through the cracks."
Renal Care 360° founder Joe Cashia will continue to lead the Company as Chairman and CEO. Mr. Cashia is a 35-plus-year veteran of the healthcare industry with deep experience across the continuum of kidney care who has partnered with physicians and hospitals across the country and has created, acquired, and managed more than 1,000 healthcare centers. Previously serving as CEO of National Renal Alliance, Vivere Health, and Ascend Health Care Services and in various Board roles, Mr. Cashia has extensive experience in scaling complex healthcare service organizations with a deep appreciation for the importance of partnering with physician leaders and clinicians to drive value-based care initiatives and improve patient outcomes.
Mr. Cashia noted, "We are pleased to bring in such an experienced, healthcare-focused partner to help Renal Care 360° rapidly expand its care model to touch the lives of as many patients as possible. Pharos's dedication to bridging inequities in care, demonstrated by their proven track record guiding value-based healthcare organizations, will be invaluable as we grow our clinic footprint, scale chronic care management infrastructure to meet the overwhelming market need, and work with health systems and payors to align incentives around optimization of patient outcomes to generate transformational cost savings to the system."
This marks the fourth investment from Pharos's latest flagship fund, Pharos Capital Partners IV, L.P., investing alongside its parallel fund, Pharos Capital Partners IV-A, L.P., a licensed Rural Business Investment Company. The funds will continue Pharos's mission of lowering costs, improving outcomes, and expanding access to care, particularly within underserved rural communities.
About Renal Care 360°
Renal Care 360º is a comprehensive nephrology practice and chronic care management company partnering with health systems, physician groups and local communities to provide enhanced community healthcare management services. Renal Care 360°'s Connected Care Program partners with PCPs, nephrologists, and other physician groups to augment existing services by providing patients with a customized care coordination and education program based on the patient's health needs. In addition to contracted chronic care management services, Renal Care 360° intends to acquire nephrology practices that share a passion to transform kidney care through early detection and deep patient engagement with comprehensive care management.
For business development opportunities with Renal Care 360°, please contact Molly Braun at 985-264-4074 or mbraun@renalcare360.com.
About Pharos Capital Group
Based in Dallas and Nashville, Pharos Capital Group (www.pharosfunds.com) is a physician-founded investment firm focused on growing healthcare companies that aim to lower the total cost of care, improve patient outcomes and reduce healthcare inequalities in underserved markets, especially within urban and rural communities. Since inception, Pharos has invested in 58 companies and has over $1.2 billion of private equity assets under management as of June 30, 2022. Pharos typically invests $25-$50 million in rapidly growing middle market companies seeking later stage funding for internal growth, acquisitions, leveraged buyouts, management buyouts, or recapitalizations across healthcare sectors.
For business development opportunities with Pharos Capital Group, please contact Adam Persiani at 214-740-7003 or apersiani@pharosfunds.com.
Contact
Jennifer Hurson
845-507-0571
jhurson@lambert.com
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SOURCE Pharos Capital Group | https://www.wibw.com/prnewswire/2022/09/12/pharos-capital-invests-renal-care-360-capitalizes-new-chronic-kidney-care-management-platform/ | 2022-09-12T12:47:03Z |
JERSEY CITY, N.J., Aug. 26, 2022 /PRNewswire/ -- Ports America ("the Company"), the largest marine terminal operator and stevedore in the United States, today announced the appointment of Matthew Leech as President and Chief Executive Officer, effective November 2022. He will succeed Mark Montgomery, who will retire as Chief Executive Officer and continue to support the Company in an advisory role.
Mr. Leech is a seasoned ports and terminal executive with more than 25 years of experience in the maritime industry. Previously, he was Chief Executive Officer and Managing Director for the Americas at DP World, a provider of end-to-end supply chain logistics. Prior to DP World's acquisition of CSX World Terminals in 2005, Mr. Leech oversaw key expansion initiatives for CSX World Terminals in his role as Vice President, Operations and Development.
"Ports America is poised for growth, and Matt is the right leader to take this exceptional business forward," said Mr. Montgomery. "He has a deep understanding of Ports America and shares the value-driven focus that differentiates our organization. Under Matt's leadership, I am confident that Ports America will continue to provide best-in-class service and solutions for the benefit of our customers and cargo owners."
"I am honored to be named as the next CEO of Ports America," said Mr. Leech. "Ports America is a high-performing organization that values its long-standing relationships with its customers. I look forward to working with leadership and the entire team to continue driving strong performance, delivering on Ports America's commitments and enhancing its already strong position in the industry."
Leech will work closely with Andrew Clarke, who assumed the position of Chairman of the Ports America Board of Directors earlier this year. Clarke is a leader in the logistics and maritime space, having held numerous roles as an executive, advisor and board member within the industry. In addition to being the Chairman of Ports America's Board of Directors, Clarke currently serves on boards for Direct ChassisLink Inc. and Rock-it Cargo USA LLC.
"We are pleased Matt will lead Ports America forward and build on the Company's momentum as it enters its next chapter of growth and success," said Mr. Clarke. "Matt brings strong industry experience and will be an outstanding addition to the team as we deliver on our mission to provide the highest quality operations for our customers. We also thank Mark for his years of service and leadership during a period of unprecedented growth for the Company."
In September 2021, Ports America partnered with long-time minority shareholder Canada Pension Plan Investment Board ("CPP Investments") to support the company's long-term growth objectives.
"Matt brings a wide range of industry experience and knowledge to Ports America, and is the ideal leader to build on the strong foundation in place and lead the Company into the future," said Scott Lawrence, Managing Director, CPP Investments. "We appreciate Mark's contribution to Ports America over the last 35 years and are fortunate to have him continue in an advisory role as we move forward. We have a strong future ahead of us and are positioned to accelerate the growth of Ports America under Matt's leadership."
Ports America is the largest marine terminal operator in North America with operations in 70 locations and 33 ports across the United States. The company is a leader in technology driven solutions and covers a wide range of supply chain services including container, RoRo, breakbulk, military, and cruise ship operations. Ports America is based in Jersey City, New Jersey.
Contacts
Jon Keehner / Woomi Yun / Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
212.355.4449
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SOURCE Ports America | https://www.wibw.com/prnewswire/2022/08/26/ports-america-appoints-new-chief-executive-officer/ | 2022-08-26T12:24:08Z |
-- Gannex is expected to complete the Phase II trial in 100 patients by the end of 2022.
-- Gannex intends to soon start a Phase III trial in China, the U.S. and European Union after the completion of the Phase II study in China.
-- An epidemiology study in China in 2010 showed that there were approximately 656,000 PBC patients in China including 440,000 in females over age 40. An epidemiology study in the U.S. indicated that there were approximately 120,000 PBC patients in the U.S. in 2014.
SHANGHAI, April 10, 2022 /PRNewswire/ -- Gannex Pharma Co., Ltd. ("Gannex"), a wholly owned company of Ascletis Pharma Inc. (HKEX:1672) announces today the first patient dosed in the Phase II clinical trial of ASC42 to treat patients with primary biliary cholangitis (PBC).
The Phase II study (ClinicalTrials.gov Identifier: NCT05190523) consists of three ASC42 active treatment arms (5 mg, 10 mg and 15 mg) and one placebo control arm at the ratio of 1:1:1:1 and is expected to enroll a total of 100 patients who have an inadequate response to or are unable to tolerate Ursodeoxycholic acid (UDCA). The treatment duration is 12 weeks and the study is expected to be completed by the end of 2022.
The protocol of Phase III clinical trial in 210 PBC patients was approved in November 2021 by China National Medical Products Administration (NMPA). After the completion of the Phase II clinical trial, Gannex will soon initiate the Phase III trial after the communications with China NMPA in terms of drug registration related matters such as Chemistry, Manufacturing and Control (CMC) and toxicology studies.
ASC42 is an in-house developed, novel non-steroidal, selective, potent Farnesoid X receptor (FXR) agonist with best-in-class potential and global intellectual property. The data from the U.S. Phase I trial of ASC42 indicated there was no pruritus observed during 14-day treatment of the once-daily human therapeutic dose of 15 mg and FXR target engagement biomarker Fibroblast Growth Factor 19 (FGF19) increased 1,780% on Day 14 of treatment with 15 mg dose. Furthermore, mean low density lipoprotein cholesterol (LDL-C) values remained within the normal range during 14-day, once daily treatment with 15 mg.
UDCA is the only drug which is approved in China for PBC and approximately 40% of PBC patients have an inadequate response to or are unable to tolerate UDCA[1]. Obeticholic Acid (OCA), which is not approved in China, is the only approved medicine in the U.S. for PBC patients who have an inadequate response to or are unable to tolerate UDCA. However, there are significantly increased pruritus rates and LDL-C levels in patients with OCA treatment. Absence of pruritus and mean LDL-C values within the normal range at the therapeutic dose makes ASC42 a potential best-in-class PBC drug candidate. Gannex intends to soon start a Phase III trial in China, the U.S. and European Union after the completion of the Phase II study in China.
An epidemiology study in China in 2010 showed that there were approximately 656,000 PBC patients in China including 440,000 in females over age 40[2]. An epidemiology study in the U.S. indicated that there were approximately 120,000 PBC patients in the U.S. in 2014[3].
Dr. Jinzi J. Wu, Founder, Chairman and CEO of Ascletis said, "We are excited ASC42 Phase II trial for PBC is on track. Once again, it demonstrated the execution excellence of our clinical team. We are working very hard to transform ourselves into a global R&D leader in hepatobiliary diseases."
[1] Lindor K D, Bowlus C L, Boyer J, et al. Primary Biliary Cholangitis: 2018 Practice Guidance from the American Association for the Study of Liver Diseases [J]. Hepatology 2019, 69(1): 394-419. DOI: 10.1002/hep.30145.
[2] Chinese Rheumatology Association (中华医学会风湿病学分会), "Recommendations for diagnosis and treatment of primary biliary cholangitis in China (2021)"(原发性胆汁性胆管炎诊疗规范(2021)) [J]. Zhonghua Nei Ke Za Zhi. (中华内科杂志), 2021, 60(8): 709-15. DOI: 10.3760/cma.j.cn112138-20210520-00360.
[3] Lu M, Zhou Y, Haller I V, et al. Increasing Prevalence of Primary Biliary Cholangitis and Reduced Mortality With Treatment [J]. Clin Gastroenterol Hepatol 2018, 16(8): 1342-50 e1. DOI: 10.1016/j.cgh.2017.12.033.
About Ascletis
Ascletis is an innovative R&D driven biotech listed on the Hong Kong Stock Exchange (1672.HK), a global platform covering the entire value chain from discovery and development to manufacturing and commercialization. Ascletis is committed to developing and commercializing innovative drugs in the areas of viral diseases, NASH/PBC, and cancer (oral cancer metabolic checkpoint and immune checkpoint inhibitors) to address unmet medical needs both in China and globally. Led by a management team with deep expertise and a proven track record, Ascletis targets those therapeutic areas with unmet medical needs from a global perspective, and efficiently advances the developments of pipelines with an aim of leading in global competition. To date, Ascletis has three marketed products and 20 robust R&D pipelines of drug candidates with global competitiveness, and is actively exploring new therapeutic areas.
1. Viral Diseases: (1) Hepatitis B Virus (functional cure): focus on breakthrough therapies for CHB functional cure with a subcutaneously-injected PD-L1 antibody – ASC22 and Pegasys® as cornerstone drugs. (2) COVID-19 pipeline: currently includes (i) ritonavir oral tablet (100 mg), an authorized product, (ii) ASC10, an oral RNA dependent RNA polymerase (RdRp) inhibitor and (iii) ASC11, an oral 3-chymotrypsin like protease (3CLpro) inhibitor. (3) HIV/AIDS: ASC22, an immune therapy to restore HIV-specific immune responses and eventually lead to a functional cure of HIV-infected patients. (4) Hepatitis C: successfully launched an all-oral regimen of combining ASCLEVIR® and GANOVO® (RDV/DNV regimen).
2. Non-alcoholic Steatohepatitis/Primary Biliary Cholangitis: Gannex, a wholly-owned company of Ascletis, is dedicated to the R&D and commercialization of new drugs in the field of NASH. Gannex has three clinical stage drug candidates against three different targets – FASN, THRβ and FXR, three fixed-dose combinations for NASH and one PBC program targeting FXR.
3. Cancer (oral cancer metabolic checkpoint and immune checkpoint inhibitors): a pipeline of oral inhibitors targeting FASN, which plays a key role in cancer lipid metabolism, and a pipeline of oral PD-L1 small molecule next generation immune checkpoint inhibitors.
4. Exploratory Indications: Acne: Following NASH and recurrent GBM, the third indication for ASC40 has been approved to enter Phase 2 clinical trial. For more information, please visit www.ascletis.com.
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SOURCE Ascletis Pharma Inc. | https://www.mysuncoast.com/prnewswire/2022/04/10/gannex-announces-first-patient-dosed-phase-ii-clinical-trial-asc42-an-fxr-agonist-primary-biliary-cholangitis/ | 2022-04-10T15:36:47Z |
Fund Has Seen Robust Deal Flow, with Seed Portfolio at Roughly Half of Target Size
CONSHOHOCKEN, Pa., July 6, 2022 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (NASDAQ: HLNE) today announced the final closing of Hamilton Lane Infrastructure Opportunities Fund ("IOF" or "the Fund"). The Fund and related vehicles represent nearly $590 million in commitments from a wide range of global LPs, well in excess of its $500 million target.
The Fund seeks unique direct co-investment and secondary investment opportunities to generate attractive income and total returns.
It is composed of a diverse set of limited partners from around the world, including public pensions, Taft Hartley plans, foundations and endowments, ultra-high net worth and family office investors, insurance companies and asset managers.
Brent Burnett, Head of Real Assets at Hamilton Lane, commented: "This Fund marks an important milestone in our infrastructure service offering as we continue to provide our limited partners with selective and differentiated exposure to the asset class, while being a more flexible capital partner to our GP relationships. There is a set of strong macro tailwinds that continues to drive investor appetite within the infrastructure landscape, marked by the key themes of energy transition, digitization and logistics. Due to our robust deal flow, deep experience and strong GP relationships, we've been able to remain highly selective – maintaining a 2.2% selection rate – while already deploying nearly half of the Fund's target size in opportunities where we had a clear access and information advantage."
Peter Larsen, Managing Director, Real Assets Investments at Hamilton Lane, said: "We're grateful to this diverse group of limited partners for their support of our first Infrastructure Opportunities Fund. This Fund is a continuation of our proven strategy and platform, and of our ability to bring to bear more than two decades of experience, differentiated deal flow and strong relationships to consistently access unique infrastructure opportunities in our target markets," he said.
Hamilton Lane has long been an active investor within infrastructure, designing separate account mandates for clients of all sizes for more than 22 years and with attractive performance relative to benchmarks. While this vehicle represents the first of its kind, it is an extension of Hamilton Lane's broader infrastructure platform, which the firm has been building for over two decades and which represents nearly $45 billion in assets under management and supervision as of March 31, 2022.
About Hamilton Lane
Hamilton Lane (NASDAQ: HLNE) is a leading private markets investment management firm providing innovative solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for 30 years, the firm currently employs approximately 530 professionals operating in offices throughout North America, Europe, Asia Pacific and the Middle East. Hamilton Lane has over $901 billion in assets under management and supervision, composed of more than $106 billion in discretionary assets and nearly $795 billion in advisory assets, as of March 31, 2022. Hamilton Lane specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors and geographies. For more information, please visit www.hamiltonlane.com or follow Hamilton Lane on LinkedIn: https://www.linkedin.com/company/hamilton-lane.
Forward-Looking Statements
Some of the statements in this release may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Words such as "will," "expect," "believe," "estimate," "continue," "anticipate," "intend," "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements discuss management's current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance and business. All forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause actual results to be materially different, including risks relating to: our ability to manage growth, fund performance, competition in our industry, changes in our regulatory environment and tax status; market conditions generally; our ability to access suitable investment opportunities for our clients; our ability to maintain our fee structure; our ability to attract and retain key employees; our ability to manage our obligations under our debt agreements; defaults by clients and third-party investors on their obligations to fund commitments; our ability to comply with investment guidelines set by our clients; our ability to successfully integrate acquired businesses with ours; our ability to manage risks associated with pursuing new lines of business or entering into strategic partnerships; our ability to manage, identify and anticipate risks we face; our ability to manage the effects of events outside of our control; and our ability to receive distributions from Hamilton Lane Advisors, L.L.C. to fund our payment of dividends, taxes and other expenses.
The foregoing list of factors is not exhaustive. For more information regarding these risks and uncertainties as well as additional risks that we face, you should refer to the "Risk Factors" detailed in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended March 31, 2022 and in our subsequent reports filed from time to time with the Securities and Exchange Commission. The forward-looking statements included in this release are made only as of the date hereof. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.
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SOURCE Hamilton Lane | https://www.kxii.com/prnewswire/2022/07/06/hamilton-lane-closes-inaugural-infrastructure-opportunities-fund-exceeding-its-target/ | 2022-07-06T11:58:38Z |
$20 million commitment will fund new 25,000-square foot multi-use facility, renovate Brennan pool house, and deliver diverse range of services to Cody Rouge neighborhood
Gores, Pistons organization and Detroit Parks & Rec to engage residents in planning, design and programming
Project originated through discussions with Pistons players, coaches and executives on how to expand and accelerate social justice impact
DETROIT, June 1, 2022 /PRNewswire/ -- Tom Gores, chairman and CEO of Platinum Equity and owner of the Detroit Pistons, announced plans today to build a new $20 million community center in Rouge Park on the City of Detroit's west side. The announcement comes as the first in a series of initiatives Mr. Gores envisions for the Tom Gores Family Foundation.
Mr. Gores said he will work with the city's Parks & Recreation Department and residents to develop a new 25,000 square foot multi-use facility adjacent to Brennan Pool. The plan will also renovate the existing pool and locker room facilities and bring a diverse range of year-round programming to the neighborhood. The project is anticipated to be completed by the end of 2024.
"The facility itself will be the best of its kind and provide residents with a safe space to learn, play and grow," said Mr. Gores. "But more than just a building, we will create a hub that brings together people from the neighborhood and throughout the city who want to make a difference in this community."
Today's announcement is the first output from an initiative Mr. Gores launched last summer with the Pistons organization to accelerate the impact of its work in the social justice arena.
"Before the season began, we sat down with employees across the organization, including our players and both business and basketball operations staff, to discuss meaningful areas where we can help effect social change," Mr. Gores said.
An internal team of executives from the club's community relations, legal and operations departments worked with the players over several months to identify several key areas of focus, which include: education, mentorship, vocational services, life skills, financial literacy, emotional intelligence for youth, and food insecurity.
"It was an exciting opportunity to bring our thoughts to the table and not hold back," said veteran Pistons forward Jerami Grant. "We have a lot of life experience dealing with issues of social justice and we have a lot of ideas about how to drive change."
That process, which included field trips to visit different facilities and community organizations in Detroit, led to the community center as a way to address multiple priorities.
"We solicited ideas from everyone in the organization: players, coaches, executives, salespeople, support staff. That makes this a powerful effort," said Pistons Head Coach Dwane Casey. "This is incredibly important for our community and Tom has made it an integral area of focus, putting money, resources, and infrastructure behind the initiative to make a lasting difference."
Pistons center Isaiah Stewart said community centers played an important role when he was young.
"For me growing up, community centers provided a safe space because after school I always had something to do," said Mr. Stewart. "That led me to boxing, soccer, and eventually getting into basketball, but I was always busy. They can also give adults who have to work peace of mind knowing their kids are in a safe environment, learning or getting better or just having fun."
City officials said the Cody-Rouge community suffers from a lack of indoor recreation facilities and is the only current district in the city without an indoor community center. The new facility will serve a population that includes more 24,000 residents within a 1.5-mile radius.
"When you look at a map of community center locations throughout the city of Detroit, we have known for a long time that there was a big hole in the Cody-Rouge neighborhood," said Detroit Mayor Mike Duggan. "Now, thanks to Tom Gores and the Detroit Pistons, that hole is being filled and the residents of Cody-Rouge will have a new first-class indoor facility providing a wide-range of activity and engagement space. The new facility and Brennan Pool enhancements will make this community center one of the finest in Detroit and the region."
City officials and Pistons representatives will host community meetings with District 7 residents to solicit neighborhood feedback on amenities and programming they would like to see incorporated into the new center.
Mr. Gores said that in addition to funding construction, his organization will leverage its relationships and intellectual capital to maximize impact.
"We will bring the full weight of our resources – our business and basketball operations teams, players, corporate and community partners, and anyone else who wants to join the cause. We are more impactful when we work together," Mr. Gores added.
A second phase of the plan will create an enclosed structure around one of the two Olympic-size pools located at the Brennan site, creating year-round access to swimming lessons and water safety classes. The city said this currently unmet need is critical for Detroiters of all ages. Completion for this second phase of the project has not been set.
The Rouge Park project represents the latest in a series of recreation and community spaces Mr. Gores has funded in districts throughout the city.
In 2019, the Pistons organization rebuilt the outdoor basketball courts in Rouge Park as part of a six-year commitment to rehabilitate 60 courts by 2024. By the end of this summer, 52 courts in 37 parks will have been completed. Mr. Gores helped fund renovations and ongoing programming at the SAY Detroit Play Center at Lipke Park on the city's east side.
Media Contacts:
Kevin Grigg, Detroit Pistons
313-771-7577 kgrigg@pistons.com
Dan Whelan, Tom Gores Family Foundation
310-282-9202
dwhelan@platinumequity.com
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SOURCE Tom Gores Family Foundation | https://www.mysuncoast.com/prnewswire/2022/06/01/inspired-by-voices-inside-pistons-organization-tom-gores-fund-new-flagship-community-center-rouge-park/ | 2022-06-01T17:02:19Z |
(The Conversation) – Coyotes have become practically ubiquitous across the lower 48 United States, and they’re increasingly turning up in cities. The draws are abundant food and green space in urban areas.
At first these appearances were novelties, like the hot summer day in 2007 when a coyote wandered into a Chicago Quiznos sub shop and jumped into the beverage cooler. Within a few years, however, coyote sightings became common in the Bronx and Manhattan. In 2021 a coyote strolled into a Los Angeles Catholic school classroom. They’re also appearing in Canadian cities.
People often fear for their own safety, or for their children or pets, when they learn about coyotes in their neighborhoods. But as an interdisciplinary team studying how people and coyotes interact in urban areas, we know that peaceful coexistence is possible – and that these creatures actually bring some benefits to cities.
Adaptable animals
Coyotes can thrive in urban environments because they are incredibly adaptable. As omnivores, coyotes can change their diets depending on the type of food that’s available.
In rural areas coyotes may feed on bird eggs, rabbits, deer and a wide range of nonanimal matter, like plants and fruits. In urban environments they’ll supplement their natural diet with human-provided food sources, such as outdoor pet feeders and garbage cans.
Coyotes prefer to live in packs, and usually do so in rural areas. In urban areas, coyotes live in packs as well, although it may not seem that way because they are often seen individually rather than as a group.
Solitary coyotes not associated with a pack are somewhat common but tend to be transitory animals looking to join a pack or establish a new one in an unoccupied territory. These solitary coyotes can roam many miles per day, which enables them to disperse to new cities in search of food.
Some wild species need very specific types of habitat to survive. For example, the Kirtland’s warbler is a rare North American songbird that breeds only in young jack pine forests in Michigan, Wisconsin and Ontario. In contrast, coyotes are habitat generalists that can live on and around a wide variety of land types and covers.
Many kinds of habitat that coyotes use in rural areas, such as parks, prairies, forest patches and wetlands, are also found in cities. Typically coyotes avoid the urban cores, but in Chicago they inhabit the downtown area and have been able to survive quite well.
Finally, urban coyotes have flexible activity patterns. Most urban coyotes are active mainly between dusk and dawn, when they are less visible than in daylight. However, as coyotes grow used to humans and begin to lose their fear of people, they may be seen more frequently during daylight hours.
Hunting rodents and spreading seeds
Studies show that urban coyotes generally avoid direct interactions with people. A long-term study in Chicago found that these animals are good at adapting to human-built environments and navigating urban areas without being seen by humans. Often people may not realize they’re sharing the urban landscape with coyotes until they see one in their neighborhood.
Despite their trickster portrayal in folklore and popular media, coyotes tend to avoid conflict. They enter urban landscapes because they’re opportunistic. And because cities don’t have apex predators like wolves or bears, there are lots of smaller wild prey species, such as squirrels and rabbits, running around for coyotes to feed on.
A 2021 study conducted in Madison, Wisconsin, found that the vast majority of human interactions with coyotes there were benign. When asked to rank how aggressive coyotes had been during interactions on a scale of 0 (calm) to 5 (aggressive), most of the 398 people in the study chose zero. More than half of the coyotes in the study moved away from the human, indicating that the animals maintained a healthy fear of people.
And having coyotes around can be useful. In urban areas they are at the top of the food chain and can help regulate populations of prey species such as rabbits, rats and mice. Since coyotes are omnivores, they also eat plant material and spread seeds when they defecate.
Our team is working to learn how people feel about coyotes in their urban communities so that we can identify the best ways to foster positive human-coyote relationships. In Madison, we’ve found that many people appreciate coyotes and are likely to respond positively to messages that highlight coyotes as a valued part of the urban landscape.
Don’t be afraid to haze
If you encounter an urban coyote, it’s OK to enjoy watching it from a safe distance. But then haze it by making noise – for example, yelling and waving your arms to look big.University of Wisconsin wildlife extension specialist David Drake shows how to haze a coyote.
For animal lovers, this might seem harsh, but it’s extremely important to make sure the coyote doesn’t get too close. This teaches the animal to keep away from people. In the rare cases in which urban coyotes have attacked humans, the animals typically had become habituated to human presence over time.
If you have pets, keep them leashed in public parks and watch them when they’re loose in unfenced yards. Keep their food inside as well. To a coyote, a dishful of dog food is an easy free meal, and it may cause coyotes to revisit the area more frequently than they would if human-provided food weren’t accessible.
Based on existing research, we believe urban landscapes have plenty of room for coyotes and humans to coexist peacefully. It starts with each species giving the other enough room to go about its business. To learn more about these amazingly adaptable animals, check out the national nonprofit Project Coyote and the Wisconsin-based Urban Canid Project. | https://cw33.com/news/nexstar-media-wire/coyotes-are-here-to-stay-in-north-american-cities-heres-how-to-appreciate-them-from-a-distance/ | 2022-08-07T17:45:54Z |
LOS ANGELES, April 29, 2022 /PRNewswire/ -- Revenant, California's premier athlete, and activist-led cannabis brand, is proud to announce an official partnership with the Weed For Warriors Project (WFWP.) Founded by three retired NFL players, Kyle Turley, Jim McMahon, and Eben Britton, Revenant will provide sales and marketing support to the Weed For Warriors Project aiding the growth of their emerging WFW Cannabis product line.
"We will now be the sales and marketing arm for WFW Cannabis. We will be selling the brand throughout California and, ultimately, Weed For Warriors will scale alongside Revenant as we grow nationally. Aiding WFW Cannabis with their profitability allows the WFWP to provide more veterans with much-needed FREE cannabis," said Kyle Turley, Co-Founder, and Derek Duronslet, VP of Marketing for Revenant.
One of the first projects will be expanding the Weed For Warriors Project's SB-34 events which distribute donated medicinal cannabis products to veterans and patients across California.
Revenant aims to leverage relationships with the NFL Alumni Association, NFL Players Union, and others within the National Football League community in order to assist and support the efforts of the Weed For Warriors Project.
"We expect Revenant's mature salesforce to jumpstart our entry into the legal market in California. Our goal of creating a self-sustaining platform fighting for and providing cannabis access to our veterans is a lot closer with the official addition of Revenant to the WFW team." Sean Kiernan, CEO of WFWP stated.
For more information, please reach out to Derek Duronslet at Derek@revenantmj.com.
About Revenant:
Revenant is a California cannabis brand founded by three retired NFL players, Kyle Turley, Jim McMahon, and Eben Britton, that launched in July 2021. Mutual respect and understanding of the healing power cannabis may provide brought these gentlemen together with the common goal of relieving mental and physical suffering by creating safe access to high-quality products. Currently available in 60+ dispensaries across the state, they have projections to double by year-end.
About Weed For Warriors Project:
Weed For Warriors Project is a social justice lifestyle brand supporting holistic rehabilitation for veterans. They achieve this through community-based projects, proactive care advocacy, cannabis education, and compassion. WFWP urges change for the empowerment of the people.
Contact Information:
Joey Brabo
Press Coordinator
Email: Joey@respectmyregion.com
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SOURCE Revenant | https://www.mysuncoast.com/prnewswire/2022/04/29/former-nfl-players-all-pro-ol-kyle-turley-2x-sb-winning-qb-jim-mcmahon-ol-eben-britton-unite-their-revenant-cannabis-brand-with-weed-warriors-project-aid-veterans-nationally/ | 2022-04-29T21:14:52Z |
Amber Alert issued in Florida for missing 11-year-old
Published: Jul. 28, 2022 at 10:07 AM CDT|Updated: 29 minutes ago
WALNUT HILL, Fla. (Gray News) - An Amber Alert in Florida was sent out Thursday for a missing 11-year-old girl.
Banesa Fernandez-Santis was last seen Wednesday in the area of the 5600th block of Arthur Brown Road in Walnut Hill, located in the northwest part of the Panhandle. Banesa is described as 5-foot-2 and 120 pounds with black hair, brown eyes and scars on her face.
The child may be in the company of Brijido Manriquez-Ortis, officials said. He is 42 years old and described as 5-foot-8 and 140 pounds with black hair and brown eyes.
Anyone with information is asked to contact the Escambia County Sheriff’s Office at 850-436-9620 or call 911.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/28/amber-alert-issued-florida-missing-11-year-old/ | 2022-07-28T15:36:12Z |
Liminal adds Chief Operating Officer with 20 years of experience in technology startups, investment management, and fraud and identity solutions
NEW YORK, June 21, 2022 /PRNewswire/ -- Liminal, a boutique strategy advisory firm serving digital identity, fintech, cybersecurity clients, and the private equity and venture capital community, announced today the addition of Kathryn Montilla as Chief Operating Officer. The Liminal team is excited to welcome Kathryn to help achieve its strategic growth objectives and expansion.
"Kathryn has demonstrated an impressive track record of achieving measurable results and operational accomplishments across a number of organizations," said Travis Jarae, CEO of Liminal. "We are excited to welcome her as a valuable asset as we continue to accelerate our growth and scale our operations to serve a global community."
As Liminal COO, Kathryn will be responsible for performance management, aligning talent to growth opportunities, and continuing to build upon the organization's high-performing culture. She'll also play a pivotal role in accelerating the execution of Liminal's strategy, scaling innovation, and identifying new market opportunities.
Kathryn brings two decades of operator, builder, and leadership experience to Liminal, spanning across technology startups, finance, and life sciences companies. She has proven success in scaling businesses and leading diverse, global teams at companies like Feedzai, Bridgewater Associates, Pfizer, and management consulting firms. Most recently, Kathryn was at Redesign Health, a venture innovation company, where she was Head of Business and Portfolio Operations.
"I am thrilled to join the incredible team at Liminal," said Kathryn Montilla. "I have a passion for helping companies build great teams and effective processes, scale globally, and achieve their strategic vision. Liminal is a leader in the digital identity space, and I look forward to working with the team to deliver outstanding results for our clients."
ABOUT LIMINAL:
Liminal is a boutique strategy advisory firm serving digital identity, fintech, and cybersecurity clients, and the private equity and venture capital community. Since 2016, we have offered objective, high impact strategic advice, and analytical services, helping to support clients in crucial business decisions at all stages of the product and business lifecycle. We've advised many of the world's most innovative business leaders, investors, and government officials on building, buying, and investing in the next generation of integrated digital identity platforms and technologies. As a result, our clients trust us to set strategic direction in light of radically evolving ecosystem dynamics, pursue new growth strategies, capitalize on M&A opportunities, and optimize deal flow. We see the solutions to these complex digital challenges not as a 'what' but as a 'how.' We don't just tell you about the destination, we show you how to get there.
Contact: Kristen Grazia
Contact email: kristen.grazia@liminal.co
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SOURCE Liminal Strategy Partners, LLC | https://www.kxii.com/prnewswire/2022/06/21/liminal-announces-new-chief-operating-officer/ | 2022-06-21T15:28:42Z |
The country's top 15 bartenders faced off in Nashville, TN in search of one winner who will represent the U.S. at the World Class Global Finals in Sydney, Australia
NEW YORK, June 22, 2022 /PRNewswire/ -- After two exhilarating days with 15 of the top U.S. bartenders competing in four individual challenges, USBG and Diageo have announced Jessi Pollak as the 2022 U.S. Bartender of the Year. Hosted for the first time in Nashville, TN, the prestigious competition brought together the best bartenders across the country to elevate the art of cocktail creation, and Jessi awed judges with her expansive knowledge, engaging presentation, and innovative craftsmanship to ultimately represent the U.S. at the World Class Global Finals held in Sydney, Australia this fall.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/9061251-usbg-diageo-announce-2022-bartender-of-the-year/
"As a first-time competitor in the USBG Presents World Class Sponsored by Diageo, I am completely stunned to be named this year's U.S. Bartender of the Year," says Jessi Pollak. "There were so many people who inspired me and guided me along the way that helped make it such a rewarding and unforgettable experience. I am truly honored to be able to continue my journey and represent the U.S. at the Global Finals in Sydney!"
The tenth year of the USBG Presents World Class Sponsored by Diageo competition saw thousands of applicants from across the country for a series of rigorous regional competitions to narrow down the Top 15 bartenders in the U.S. who advanced to the national competition in Nashville, TN from June 20-21. There, the competitors demonstrated their knowledge, skill, and creativity in four ambitious bartending challenges to determine the U.S. Bartender of the Year.
Day one of challenges kicked off with Spirit of Don Julio where competitors developed unique serves paying homage to the brand and its founder, followed by Taste the City where finalists created a signature cocktail pairing with an iconic Nashville dish. The second day pushed the mixologists in a Home Brew challenge where they created two cocktail styles using Ketel One Family Made Vodka, inspired by a unique type of brew, in addition to The Showdown where competitors raced against the clock to create eight different cocktails in eight minutes.
"It's incredible that we're now in our tenth season of the USBG Presents World Class Sponsored by Diageo program," shares USBG Executive Director Aaron Gregory Smith. "The resounding excitement from the bartending community to participate in this acclaimed competition demonstrates that the skill and desire to grow in this industry remains strong, and we are extremely proud to contribute to the transformative opportunity this program provides for bartenders."
Cassandra Ericson, Manager of On Premise Channel Marketing at Diageo North America adds, "Each and every year of this renowned program, we have the privilege of witnessing an unparalleled level of passion and skill that is truly inspiring. World Class has been an incredible journey since I was a bartender competing in the program myself in 2017, and it's incredible to see how it has evolved into a community that elevates the craft and puts Diageo's Reserve Portfolio at the forefront of cocktail culture."
Wondering what it takes to be crowned the U.S. Bartender of the Year? Applications will be open July-December for the 2023 USBG Presents World Class Sponsored by Diageo. Follow @WorldClassUS on Instagram to learn more and see if you can shake and stir your way to the top. In the meantime, see below for some of Jessi Pollak's recipes created during the National Finals that helped her win.
The FFFFlip
Created by 2022 U.S. Bartender of the Year Jessi Pollak
Ingredients:
- 1.25 oz Ketel One Family-Made Vodka
- .5 oz Amontillado Sherry
- 1 Whole Egg
- 1 oz Apple Spiced Cordial
- 2 oz Apple Cider
- Garnish: Apple Flavored Sprinkles
Preparation:
Combine ingredients in a cocktail shaker and shake vigorously. Once emulsified, add ice to cocktail shaker and shake thoroughly. Strain into a teacup and garnish with apple flavored sprinkles.
Jungle Bird
Created by 2022 U.S. Bartender of the Year Jessi Pollak
Ingredients:
- 1.25 oz Tequila Don Julio Reposado
- .5 oz Italian Bitter Aperitif
- .75 oz Pineapple Juice
- .75 oz Lime Juice
- .5 oz Bell Pepper Infused Simple Syrup
- Garnish: Pineapple Fronds
Preparation:
Combine ingredients in a cocktail shaker with ice and shake thoroughly. Strain over ice into a Collins glass. Garnish with pineapple fronds.
Cocktails created for the duration of this year's competition can be found on Instagram using the handle @WorldClassUS. When showcasing your own mixology or sampling award-winning recipes from this year's competitors, USBG and Diageo remind you to do so responsibly.
For additional information about the program and for details on the upcoming global competition, follow hashtags #worldclassus, #worldclass2022 and #roadtosydney on Twitter and Instagram, and check us out online at https://worldclass.usbg.org and https://www.usbg.org/.
About USBG
Founded in 1948, the United States Bartenders' Guild® (USBG) is a nationwide nonprofit association of bartenders and other hospitality professionals that unites and elevates the bar industry through education, community, and advocacy. The USBG believes that bartending is a respected and fun occupation in a healthy environment that builds a hub for community. Through our network of over 40 communities nationwide, the USBG connects members with peer-to-peer mentorship, expert instruction, community service projects, and skills-based competition.
About Diageo
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness.
Diageo is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE) and our products are sold in more than 180 countries around the world.
For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice.
Follow us on Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.
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SOURCE Diageo | https://www.kxii.com/prnewswire/2022/06/22/jessi-pollak-named-2022-us-bartender-year-usbg-presents-world-class-sponsored-by-diageo-national-finals/ | 2022-06-22T18:51:47Z |
Media buyers can now compare YouTube reach from computer, mobile and CTV to linear TV, a foundational step toward achieving Nielsen ONE
NEW YORK, July 21, 2022 /PRNewswire/ -- In a landmark move that will allow media buyers to compare YouTube reach to linear TV, Nielsen (NYSE: NLSN) is expanding its cross-platform measurement of YouTube across computer, mobile and connected TV devices to more accurately compare audiences to linear TV, giving media buyers greater comparability than ever before. Nielsen Four-Screen Ad Deduplication methodology enables media buyers to more clearly understand and better compare YouTube reach inclusive of connected TV (CTV) to linear TV ad buys. First available in Nielsen Total Ad Ratings, Nielsen Four-Screen Ad Deduplication will be foundational to deduplicate audiences across devices, services and platforms in Nielsen ONE, the company's forthcoming cross-media measurement platform designed to deliver comparable metrics across screens and various stages of the media lifecycle.
With this announcement, Nielsen adds CTV to existing computer, mobile and linear TV deduplication to its Total Ad Ratings product to help media buyers more accurately measure the fourth screen by delineating linear television and CTV inventory. This is noteworthy because YouTube accounts for over 50% of ad-supported streaming watch time on connected TVs among people aged 18+ in the U.S., according to Nielsen Streaming Platform Ratings.
Nielsen Four-Screen Ad Deduplication for YouTube gives advertisers and agencies a comprehensive view of an entire campaign to better understand reach, manage frequency and verify the audiences of their media buys.
"In a converged world, customers need a complete picture of their ad spend across all screens," says Debbie Weinstein, Vice President, Global Advertiser Solutions, Google & YouTube. "Nielsen enabling advertisers to compare YouTube's reach across mobile, desktop and now CTV to TV is a tremendous step towards their vision for Nielsen One, and we look forward to their continued efforts to bring cross media measurement to the industry."
"Four-screen measurement is a critical step toward Nielsen ONE, as it provides the comparability necessary to produce a trusted, deduplicated number across platforms that enables clients to better understand reach, manage frequency and verify the audiences of their media buys," said Kim Gilberti, Senior Vice President, Product Management, Nielsen. "As consumer engagement across platforms continues to converge, digital measurement must provide continuous and comparable metrics across all channels."
Four-Screen Ad Deduplication represents another significant milestone for Nielsen on its path to launch Nielsen ONE, as it is one step closer to producing a deduplicated total audience number that will enable clients to compare reach metrics across their full portfolio of assets. While Four-Screen Ad Deduplication will make its debut in TAR, it will ultimately power Nielsen ONE.
This builds on a number of industry-leading comparability enhancements made by Nielsen including the anticipated launch of Individual Commercial Metrics which enables linear TV to be measured at a sub-minute level similar to digital.
About Nielsen
Nielsen shapes the world's media and content as a global leader in audience measurement, data and analytics. Through our understanding of people and their behaviors across all channels and platforms, we empower our clients with independent and actionable intelligence so they can connect and engage with their audiences—now and into the future.
An S&P 500 company, Nielsen (NYSE: NLSN) operates around the world in more than 55 countries. Learn more at www.nielsen.com or www.nielsen.com/investors and connect with us on social media.
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SOURCE Nielsen | https://www.wibw.com/prnewswire/2022/07/21/nielsen-launches-four-screen-ad-deduplication-its-methodology-which-will-be-used-youtube/ | 2022-07-21T14:27:27Z |
NEW TAIPEI CITY, Taiwan, July 6, 2022 /PRNewswire/ -- ClearMind Biomedical's novel neurosurgical endoscope, the Axonpen System, has completed its First in Man (FIM) clinical trial in Taiwan with outstanding results.
The Axonpen System which received US FDA 510(k) clearance in 2020 and from the Taiwan FDA in 2021, is designed to enable neurosurgeons worldwide to perform the least invasive brain surgeries for their patients. With the device requiring only a 6.5mm channel to access the intracranial space, the Axonpen System has broken ground as the least invasive treatment for intracerebral hemorrhage (ICH) in the industry. Once past the skull, the device can illuminate and visualize intracranial tissues and fluids and, typically in cases of ICH and subdural hematomas, carry out controlled aspiration and irrigation where needed.
All 10 trial participants demonstrated speedier recovery times, spending just an average of three days in the intensive care unit. This is more than a 50% reduction in time when compared with the 10 to 14 days needed for recovery from traditional treatment methods. Patients demonstrated a full recovery of motor skills in most cases. Furthermore, post-treatment ICH blood remnants were below 15ml across the cohort. For a better prognosis, a minimum of 70% or more of the hemorrhage should be removed, with no more than 15ml of blood remnants at the injury site. Every additional 1ml of clotted blood removed enhances the chances of a good recovery by 10%.
"We set out to develop a fully integrated neurosurgical endoscope that is not only safe with minimal downtime but also optimal with every function needed by neurologists performing the procedure, which our trial has proven. While achieving this, we remain compliant of international regulations and standards to meet the needs of medical practitioners and ensuring patients' safety during treatment," said Carrey Yang, CEO of ClearMind Biomedical.
Prioritizing patients' wellbeing, ClearMind Biomedical's motto when it comes to treating ICH is "One Doctor, One Hour." The company intended for the Axonpen System to empower doctors at regional hospitals to complete ICH surgeries in one hour, a challenge it has successfully met.
Presently, ClearMind Biomedical's second trial for the Axonpen System is underway in Taiwan and the company is looking to conduct its next trial in the US.
The Axonpen System is the most integrated minimally invasive neurosurgical tool, combining over eight key features including tissue visualization, a debrider and a flexible tip. Thus far, surgeons have provided feedback that the integrated functions lead to simpler operations which is key to reducing surgery time and risks. Similar devices on the market are more costly and often require pairing with other devices such as endoscopes to perform surgeries that the Axonpen System can single-handedly carry out. Involving multiple devices during surgery increases complexity while requiring more personnel in the operating theatre which can be unfeasible in regional hospitals.
With the company's steadfast focus on minimally invasive brain surgeries and successful results from the FIM clinical trial, ClearMind Biomedical has recently concluded a funding round that will help finance upcoming clinical trials for the Axonpen System, research and development for future products, and market expansion.
About the Company
ClearMind Biomedical was established in 2014 with backing from Y Combinator, one of the largest venture capital funds in the US. The founders of ClearMind are members of the Stanford-Taiwan Biomedical Fellowship Program, where they were inspired to start their company. ClearMind Biomedical's vision is to save lives and help patients recover from otherwise debilitating brain injuries.
For more information, visit www.clearmindbiomedicalgroup.com.
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SOURCE ClearMind Biomedical Inc. | https://www.wibw.com/prnewswire/2022/07/06/clearmind-biomedical-clears-fim-clinical-trial-least-invasive-ich-treatment-date/ | 2022-07-06T05:49:39Z |
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