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NEW YORK, July 1, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of The Charles Schwab Corporation (NYSE: SCHW) resulting from allegations that Schwab may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Schwab securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=6945 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
WHAT IS THIS ABOUT: On July 1, 2021, Schwab disclosed that the Company had been "responding to an investigation by the U.S. Securities and Exchange Commission (SEC) arising from a compliance examination." The investigation primarily concerned "historic disclosures related to the Schwab Intelligent Portfolios® (SIP) digital advisory solution." Schwab further disclosed its "second quarter 2021 financial results will include a liability and related non-deductible charge of $200 million."
On this news, Schwab's share price dropped $0.77 per share, or approximately 1%, to close at $72.80 on July 2, 2021.
On June 13, 2022, the SEC announced that it "charged three Charles Schwab investment adviser subsidiaries" who "agreed to pay $187 million to harmed clients to settle the charges." The SEC charged Schwab with misleading investors that used its robo-adviser product, Schwab Intelligent Portfolios. Instead of the touted "disciplined portfolio construction methodology" that sought "optimal return[s]", Schwab's "own data showed that under most market conditions, the cash in the portfolios would cause clients to make less money even while taking on the same amount of risk."
On this news, Schwab's share price dropped $1.98 per share, or approximately 3%, to close on June 13, 2022 at $60.24.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/07/01/rosen-respected-investor-counsel-encourages-charles-schwab-corporation-investors-inquire-about-securities-class-action-investigation-schw/ | 2022-07-01T18:58:34Z |
KNOXVILLE, Tenn., July 25, 2022 /PRNewswire/ -- The graduate supply chain programs in the University of Tennessee, Knoxville's Haslam College of Business rank No. 1 among programs in North America, according to a report from Gartner, Inc., a leading industry research organization based in Stamford, Connecticut.
As a hub for supply chain management thought leadership and talent development, Haslam is known for its industry-relevant curriculum, ground-breaking research and top-ranked faculty. Stephen L. Mangum, dean of the college and Stokely Foundation Leadership Chair at Haslam, lauded the department's achievement, noting that the graduate programs' success is reflected in its popularity.
"The Haslam supply chain graduate and executive education programs are some of the fastest-growing on campus," Mangum said. "These rankings show that incoming students, alumni and peer institutions recognize Haslam's supply chain program as one of the leaders in the field. Our faculty's commitment to student development, industry partnerships, practical and relevant curricula and innovative research are helping companies around the globe design more resilient and responsive supply chains for the future."
To differentiate themselves from other institutions, the Gartner report recommended that programs commit to diversity, equity and inclusiveness, experiential learning and responsive program formatting – things at which Mangum says Haslam's program excels.
"Our supply chain management department focuses on these areas to prioritize relationships and meet the needs of both students and industry," he said.
Gartner announced its undergraduate rankings earlier this year, placing UT's undergraduate supply chain program second in those standings. This marks the eighth year the graduate programs have ranked in Gartner's top 10. The undergraduate program has been included for eleven years. The rankings encompass all Haslam Supply Chain Management graduate programs, including traditional in-classroom and distance learning options: Full-Time MBA with Supply Chain Management concentration, MS in Supply Chain Management Tri-Continent, MS in Supply Chain Management Online, and EMBA for Global Supply Chain.
John Bell, head of Haslam's Department of Supply Chain Management and Gerald T. Niedert Professor in Supply Chain Management, called the ranking a culmination of years of teamwork dedicated to providing students a comprehensive understanding of the discipline and opportunities for hands-on experience in the field.
"For nearly 20 years, our administration, faculty and staff have been working toward the goal of building broad, integrated graduate and undergraduate supply chain curricula that give students a sound, results-oriented foundation," Bell said. "These rankings indicate we're continually making progress toward that goal, and the programs are providing increasing value to both our students and the companies that hire them."
Gartner Inc. regularly assesses the top supply chain programs in the country by analyzing indicators like industry value and program scope and size, using survey responses from universities in the United States and Canada, and through interviews with industry professionals and academics. Supply chain programs across the continent value Gartner's assessment as the preeminent ranking of its kind.
Haslam offers one of the most comprehensive, forward thinking and highly regarded supply chain programs in the world, led by faculty recognized for innovative research and curriculum development. Haslam prepares its graduate students with a broad, cross-disciplinary approach to supply chain management. As a result, graduates are recruited by some of the most prominent businesses in the industry. In addition to supply chain management, Haslam offers a comprehensive set of graduate programs, including MBA programs for working professionals, a full-time MBA, specialty master's programs and executive education short courses. For more information about Haslam's graduate and executive education programs, please visit our graduate and executive education programs website.
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SOURCE University of Tennessee, Knoxville's Haslam College of Business | https://www.wibw.com/prnewswire/2022/07/25/ut-haslams-graduate-supply-chain-programs-climb-no-1-premier-ranking/ | 2022-07-25T19:10:03Z |
Lake Shawnee included in blue-green algae warnings for second week
TOPEKA, Kan. (WIBW) - Lake Shawnee has been placed under a blue-green algae warning for the second week in a row.
On Thursday, June 9, the Kansas Department of Health and Environment, along with the Kansas Department of Wildlife and Parks, says it has issued several public health advisories for Kansas lakes due to blue-green algae.
The KDHE noted that a harmful algae bloom could look like foam, scum, or paint floating on top of the water and could be colored blue, bright green, brown or red. It said blooms can develop quickly and if the water appears suspicious or there are decaying algae on the shore, residents should avoid contact and keep animals away.
The Department said toxins from blue-green algae can be absorbed via ingestion, inhalation of aerosols, and even skin contact. It said symptoms vary depending on type of exposure but can include rash, vomiting, diarrhea, fever, sore throat and headache.
The KDHE said if anyone or any pet has come into contact with blue-green algae, the area should be rinsed with clean, fresh water. It said suspected related health incidents should be reported HERE.
The KDHE said active advisories are as follows:
- Warning:
- Big Eleven Lake, Wyandotte County
- Colwich City Lake, Sedgwick County
- Gathering Pond, Geary County
- Jerry Ivey Pond, Saline County
- Lake Shawnee, Shawnee County
- Marion Reservoir, Marion County (Lowered on June 9)
- Watch:
- Garnett Lake (north), Anderson County
The Department noted the following locations had advisories lifted:
- Herington City Lake, Dickinson County (Lifted on June 9)
- Marion County Lake, Marion County (Lifted on June 9)
The KDHE said when a warning is issued, it recommends residents take the following precautions:
- Lake water is not safe to drink for pets or livestock.
- Lake water, regardless of blue-green algae status, should never be consumed by humans.
- Water contact should be avoided.
- Fish may be eaten if they are rinsed with clean water and only the fillet portion is consumed, while all other parts are discarded.
- Do not allow pets to eat dried algae.
- If lake water contacts the skin, wash with clean water as soon as possible.
- Avoid areas of visible algae accumulation.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/09/lake-shawnee-included-blue-green-algae-warnings-second-week/ | 2022-06-09T22:46:50Z |
NEW YORK, July 26, 2022 /PRNewswire/ -- GO ART is delighted to present the GA Forum & Global Luxury Cultural Awards in New York on July 29th 2022, The sixteenth installment of the global forum, follows the successful discussion on "Synergy between Art and Real Estate" in New York, "Synergy between Architecture and Architecture" in Venice and "Contemporary Urban Culture Sustainability Development", "Contemporary Value and Sustainable Development of Traditional Culture" in Tokyo.
The forum was followed by GA awards ceremony for the international culture awards. "Exclusive Mansion" was awarded the title as Global Ecological Architecture Award 2022
Luca Molinari, a famous architecture critic and one of the judges of this award, said that to achieve the organic combination of natural and cultural environment and social and material environment, it is necessary to make a whole with natural ecology, economic development, infrastructure, public security environment, culture, education and medical conditions on top of the residential function. In the opinion of the organizing committee, Exclusive Mansion not only has a promising social and material environment, but also a great natural and cultural environment.
The forum explored the "Architectural Design and Life Aesthetic" in every aspect of contemporary living, discussed the establishment of a global platform which integrates traditional culture with new materials, technologies and methods of communications. GO ART is the first company in its field in China to incorporate globally-inclusive creative art platform with real estate, corporations and commercial brands.
Currently, GO ART is organizing numerous curatorial projects focused on the Classical Gardens of Suzhou, a group of gardens in Suzhou region in China. The Suzhou Gardens have been added to the UNESCO World Heritage List and are acknowledged to be gardening masterpieces and peak of the development of Chinese garden art.
GO ART hosts numerous international activities such as the GA Forum & Global Luxury Cultural Awards which aim to establish cultural exchange and cooperation among various institutions involving garden-lovers from around the world, striving to provide diversified clues for the study and exploration of the ancient arts sublimely manifested by the Classical Gardens of Suzhou. Forum panelists discuss developing contemporary projects with international influence across multiple dimensions based on the core value of traditional culture. GA Awards with 10 committee members as the jury, are awarded to projects which use modern ways to express the essence of Chinese traditional culture. The program of awards ceremony, talks and panel discussions brought together innovators, artists, designer and architects who adopt this principle in their practice; connoisseurship and collaboration in today's global cultural environment. GO ART is launching a movement to encourage the culture of supporting art.
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SOURCE GA | https://www.kxii.com/prnewswire/2022/07/26/exclusive-mansion-won-global-ecological-architecture-award-2022/ | 2022-07-26T13:39:35Z |
Harbinger announces collaboration with leading transportation manufacturer Wabash, leveraging material science to enhance operational efficiency and driver comfort
- Harbinger and Wabash are working together to match platform longevity with more efficient vehicle construction and enhanced driver comfort
- Improved materials science coupled with better vehicle ergonomics will increase driver comfort and enhance both operator productivity and driver retention
- Strategic partnership to address growing industry demands for vehicles that are both more comfortable and more suitable for cold-chain logistics
LOS ANGELES, Sept. 14, 2022 /PRNewswire/ -- Harbinger, a revolutionary vehicle and technology manufacturer poised to transform the medium-duty commercial electric vehicle (EV) industry, today announced a new collaboration with Wabash, North America's leading manufacturer of trailers and truck bodies, that aims to leverage Wabash's industry-leading expertise in composite materials in the last mile delivery space.
The persistent driver shortages that logistics providers now face are driving new demands for vehicles that are comfortable to operate in all climates. At the same time, stubbornly elevated fuel prices, widespread emissions reduction targets, and an increased public awareness of the impacts of climate change are raising the pressure on manufacturers to reduce vehicle weight, leading to competing engineering demands that cannot be satisfied using yesterday's technology.
"Electrifying the medium-duty trucking industry will only happen with the commitment of manufacturers, distributors, and technology companies who are actively seeking innovative solutions to define the next frontier of the industry," said John Harris, CEO of Harbinger. "We are working closely with industry leading partners like Wabash to bring the commercial electric vehicles to market that are so desperately needed today to improve supply chain efficiency and reduce environmental impacts."
With 13 primary manufacturing locations, over 6,000 employees, and over $1.8B in revenue in 2021, Wabash is attacking the challenges of electrification with scale and experience. The company has a comprehensive network of dealers, parts, services, and upfit capabilities to streamline the ownership experience for end users.
As the first company to develop an entirely new, vertically integrated electric platform for the medium duty segment, Harbinger's vehicles offer improvements in safety, driver experience, and productivity, tuned to the needs of commercial fleet operators and specialty vehicle customers.
"We're excited to continue our collaborations with electric vehicle manufacturers like Harbinger to deliver sustainable solutions in the last mile and home delivery market," said Dustin Smith, chief strategy officer at Wabash. "Wabash intends to be at the forefront of the commercial EV market, leveraging our proprietary DuraPlate® and EcoNex™ material technologies to reduce weight without sacrificing structural integrity of the vehicle. By combining Harbinger's electric chassis with our lightweight and long-lasting truck bodies, together we are building solutions that are responsive to today's dynamic market conditions."
Harbinger is a commercial electric vehicle (EV) company on a mission to transform an industry starving for innovation. Harbinger's best-in-class team of EV, battery, and drivetrain experts have pooled their deep experience to support the growing demand for medium-duty EVs. Leveraging a foundation of proprietary, in-house developed vehicle technologies designed specifically for commercial vehicles, Harbinger is bringing a first-of-its-kind EV platform to market, priced for zero acquisition premium. Harbinger: familiar form, revolutionary foundation.
To learn more about Harbinger, please visit www.harbingermotors.com.
As the innovation leader of connected solutions for the transportation, logistics, and distribution industries, Wabash (NYSE: WNC) is Changing How the World Reaches You®. Headquartered in Lafayette, Indiana, the company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from first to final mile. Wabash designs and manufactures a diverse range of products, including: dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment.
To learn more about Wabash, please visit: www.onewabash.com
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SOURCE Harbinger | https://www.kxii.com/prnewswire/2022/09/14/harbinger-wabash-collaborate-next-generation-solutions-transportation-logistics/ | 2022-09-14T16:04:43Z |
DALLAS (KDAF) — The Texas Education Agency has released its ratings for each school district and campus in the Lone Star State this week.
These are the first ratings the agency has done since 2019 after the agency paused rating in the last two years because of the COVID-19 pandemic.
So how did North Texas School districts do? Well, here are the school districts in town that received an A-rating. To find out how your child’s school district did click here.
SEARCH: How did your school or district fare in TEA’s Accountability Ratings?
- Allen ISD
- Caroll ISD
- Coppell ISD
- Dallas ISD
- Grapevine-Colleyville ISD
- Hurst-Euless-Bedford ISD
- Frisco ISD
- Prosper ISD
- Rockwall ISD
- Lovejoy ISD
- Argyle ISD
- Sunnyvale ISD
- Princeton ISD
- Aledo ISD
- Melissa ISD
- Rockwall ISD
For more information, click here. | https://cw33.com/news/local/here-are-the-north-texas-school-districts-that-received-an-a-rating-from-the-tea/ | 2022-08-16T21:17:27Z |
Permanent installation of learning lab for K-12 classes, located within the College of Science at Northeastern University, via partnership with BioBus and ZEISS Microscopy
WHITE PLAINS, N.Y., June 27, 2022 /PRNewswire/ -- A class of high schoolers from Boston Green Academy cuts the ribbon on a new opportunity for students in the Greater Boston metropolitan area to experience scientific research adjacent to a fully functioning lab.
Focused on increasing access to STEM education for K-12 students, the new infrastructure is the product of a collaboration between three organizations. BioBus developed and provides a broad STEM education curriculum, Northeastern University provided lab space and access to working scientists, and ZEISS Microscopy provided state-of-the-art microscopes.
BioBus is an organization that since 2008, has helped more than 300,000 students become budding scientists. Over 80% of these students are from minority and low-income backgrounds. BioBus plans to bring expertise in science engagement and pedagogy to Boston students immediately, and within five years the team hopes to deploy BioBus New England, a new mobile laboratory to deliver programs across broader New England.
The opportunity to connect two of BioBus' previous contributors came from Mollie Thurman, M.A., Chief Community Scientist, at BioBus Inc. "Working with these tools is a transformative experience for our students," states Mollie. "We've had students walk in thinking that science is boring and then beg to stay longer so they can keep looking through the microscope. Visiting a lab and using this equipment alongside professional scientists expands our students' awareness of what being a scientist looks like."
ZEISS Microscopy installed four Axiolab 5 microscopes and four SteREO Discovery.V8 Fluorescence Microscope Systems for use in the BioBus lab introductions. "Our goal is to help young minds to see opportunities to pursue science as a career," said Joseph Huff, Head of Marketing, for ZEISS Research Microscopy Solutions, North America. "We are incredibly grateful for our partnership with BioBus to bring this message and inspire students."
The lab space in Northeastern University is in the same room as an active research environment. After the students receive their introductions on the Axiolab 5 and SteReo Discovery.V8, they can walk around and see the research happening on the advanced research-grade microscopes. Northeastern faculty are also working with BioBus to develop new curricula tightly linked to active research programs, with a goal of providing students with bridges to state-of-the-art research experiences in the life sciences.
ZEISS is an internationally leading technology enterprise operating in the fields of optics and optoelectronics. In the previous fiscal year, the ZEISS Group generated annual revenue totaling 7.5 billion euros in its four segments Semiconductor Manufacturing Technology, Industrial Quality & Research, Medical Technology and Consumer Markets (status: 30 September 2021).
For its customers, ZEISS develops, produces and distributes highly innovative solutions for industrial metrology and quality assurance, microscopy solutions for the life sciences and materials research, and medical technology solutions for diagnostics and treatment in ophthalmology and microsurgery. The name ZEISS is also synonymous with the world's leading lithography optics, which are used by the chip industry to manufacture semiconductor components. There is global demand for trendsetting ZEISS brand products such as eyeglass lenses, camera lenses and binoculars.
With a portfolio aligned with future growth areas like digitalization, healthcare and Smart Production and a strong brand, ZEISS is shaping the future of technology and constantly advancing the world of optics and related fields with its solutions. The company's significant, sustainable investments in research and development lay the foundation for the success and continued expansion of ZEISS' technology and market leadership. ZEISS invests 13 percent of its revenue in research and development – this high level of expenditure has a long tradition at ZEISS and is also an investment in the future.
With around 37,000 employees, ZEISS is active globally in almost 50 countries with around 30 production sites, 60 sales and service companies and 27 research and development facilities (status: 31 March 2022). Founded in 1846 in Jena, the company is headquartered in Oberkochen, Germany. The Carl Zeiss Foundation, one of the largest foundations in Germany committed to the promotion of science, is the sole owner of the holding company, Carl Zeiss AG.
Further information at www.zeiss.com
ZEISS Research Microscopy Solutions is the world's only one-stop manufacturer of light, electron, X-ray and ion microscope systems and offers solutions for correlative microscopy. The portfolio comprises of products and services for life sciences, materials and industrial research, as well as education and clinical practice. The unit is headquartered in Jena. Additional production and development sites are located in Oberkochen and Munich, as well as in Cambourne (UK) and Dublin (USA). ZEISS Research Microscopy Solutions is part of the Industrial Quality & Research segment.
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SOURCE ZEISS Research Microscopy Solutions | https://www.mysuncoast.com/prnewswire/2022/06/27/zeiss-donates-new-lab-equipment-biobus-stem-outreach-programs-northeastern-university/ | 2022-06-27T14:47:55Z |
NEW YORK, June 17, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Waste Management, Inc. (NASDAQ: WM).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/waste-management-inc-loss-submission-form/?id=28697&from=4
This lawsuit is on behalf of all purchasers of certain Waste Management redeemable senior notes between February 13, 2020 and June 23, 2020.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 8, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Waste Management, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million indicated in the merger agreement between the Company and Advanced Disposal Services; (ii) as a result, the merger would not be completed by July 14, 2020, the end date under the merger agreement; and (iii) the Waste Management redeemable senior notes would be subject to mandatory redemption at 101% of par.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/06/17/wm-shareholder-alert-jakubowitz-law-reminds-waste-management-shareholders-lead-plaintiff-deadline-august-8-2022/ | 2022-06-17T10:19:26Z |
BUFFALO, N.Y. (WIVB) – A man who allegedly stole a fire truck while first responders were at a call in downtown Buffalo, New York, has been arraigned on numerous felony and misdemeanor charges, the District Attorney’s Office announced.
Bill Renaldo, the commissioner of the Buffalo Fire Department, told Nexstar’s WIVB that a four-member crew was responding to an EMS call around 11:50 p.m. on Thursday when they came back outside and realized their truck was gone.
Renaldo was unsure how long the truck was unattended, though the air brakes were engaged, he said, making it difficult to drive away.
The truck was later found roughly a mile away. Renaldo added that someone inside a nearby bar used a fire extinguisher on the abandoned truck because it had become smoky, possible because the air brakes were engaged.
The thief also hit two parked cars during his joy ride, Renaldo said. The engine should be back in service soon.
The suspect, Yassin A. Abdikadir, 25, was charged with one count of fourth-degree grand larceny and one count of criminal possession of stolen property, both of which are felonies. Misdemeanor changes include obstructing emergency medical services, reckless driving, and aggravated unlicensed operation of a motor vehicle.
The DA’s office said Abdikadir was also charged in connection with another crime that occurred the night before. They allege he entered an Buffalo restaurant in the very early hours of Thursday morning, broke into a storage cabinet, and stole approximately 50 bottles of alcohol. This incident landed him two additional felony charges for burglary and grand larceny, as well as a misdemeanor criminal mischief charge.
Abdikadir is scheduled to return to court on Friday, Aug. 26. The DA’s office said he was released on his own recognizance because the charges are non-qualifying offenses for bail. | https://cw33.com/news/nexstar-media-wire/man-steals-unattended-fire-truck-while-crew-responds-to-ems-call/ | 2022-07-16T19:59:56Z |
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- Institutional investors managing in excess of $20 billion have organized a group (the "Group") of holders of unsecured notes (the "Unsecured Notes") issued by certain subsidiaries of Endo International plc ("Endo" or the "Company"). As set forth in its June 27, 2022 press release, the Group is prepared to engage constructively with the Company on solutions for the benefit of all of its stakeholders, including its equity holders, creditors, employees and litigation claimants.
The Group emphasizes that a near-term bankruptcy filing is entirely unnecessary. Endo's recently announced second quarter results underscore this point while calling into question the Company's forecasting abilities. Indeed, the latest results demonstrate that the Company materially under-projected performance notwithstanding that, at the time of its guidance, the second quarter was nearly 40% complete. The table below summarizes the extent of Endo's outperformance.
The Company's outperformance was not merely deep but also broad, as the Company under-forecast almost every element of its business. Its adjusted cost of goods sold and operating expenses were better than projected, and as highlighted below, each of its four segments generated more revenue than Endo had forecast.
As a result, Endo ended up producing nearly 50% more adjusted EBITDA ex-IPRD than it had projected. On an annualized basis, the miss translates into an approximately $300 million understatement. This is a substantial sum for Endo, which has a track record of handily beating guidance. In fact, the Company has exceeded the midpoint of its adjusted EBITDA guidance in each of the past four years, and it outperformed its adjusted EBITDA guidance in the first quarter of 2022 by nearly 25% even though it delivered this forecast with the quarter nearly two-thirds complete.7
Endo's consistent performance substantially in excess of its own projections necessarily calls into question the Company's forecasting abilities. In the Group's view, this raises serious further questions about the Company's choice to file for bankruptcy and its ability to consummate a plan of reorganization if it does file.
If the Company's second quarter performance is indicative of the go-forward business, the Group—which has already expressed substantial doubt about the need for a bankruptcy—questions how a filing can even be remotely justified. Moreover, the Group has reason to believe that Endo's second quarter performance may understate the earnings of the business. While substantially higher than Endo's forecast, the second quarter's adjusted EBITDA ex-IPRD of $225 million, or $900 million on an annualized basis, does not incorporate, among other things, (i) potential upside from Vasostrict from the Company's ongoing patent litigation and/or underlying product performance,8 (ii) potential growth of Qwo9 and (iii) recently announced cost cutting initiatives that the Company itself expects to deliver between $140 million to $160 million of annualized savings.10
As an additional matter, to the extent that the Company is using potential opioid liabilities as a reason for a bankruptcy filing, the Group believes that recent developments seriously undermine that justification as well. For one, as disclosed in its recent 10-Q, Endo has entered into a number of manageable out-of-court settlements in recent months.11 Moreover, Endo's peer, Teva Pharmaceutical Industries Ltd., has just demonstrated that a comprehensive opioid settlement can be consummated outside of bankruptcy.12
In light of all of the above, the Group is increasingly perplexed and frustrated by the actions of the Company and its board of directors. Fortunately, it is not too late for the Company and its board to choose a different path and act in accordance with applicable fiduciary duties. The Group hopes that they do so, and remains willing to engage with the Company on potential alternatives.
As previously noted, in support of its efforts, the Group has retained White & Case LLP and GLC Advisors & Co., LLC as legal and financial advisor, respectively. Holders of Unsecured Notes who wish to learn more about the Group and its objectives are encouraged to reach out to projectcarrot@whitecase.com and/or carrot-glc@glca.com.
This press release may contain certain forward-looking statements, including statements that include the word "expects." Such statements reflect current expectations and are subject to risks and uncertainties. The statements are based on assumptions, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from those projected, expressed or implied by these forward-looking statements. These forward-looking statements speak only as of the date they are made and we do not undertake any obligation to update these statements.
1 Endo International plc, Endo Reports First-Quarter 2022 Financial Results (May 5, 2022).
2 Endo International plc, Endo Reports Second-Quarter 2022 Financial Results (Aug. 9, 2022).
3 Outperformance is relative to the midpoint of guidance.
4 Effective January 1, 2022, Endo's adjusted EBITDA includes acquired in-process research and development charges, which were previously excluded under the Company's non-GAAP accounting policy.
5 Adjusted EBITDA excluding in-process research and development adds back in-process research and development charges. The adjusted EBITDA guidance included $35 million of such charges whereas actual results included $65 million. The initial $35 million is attributable to Endo's acquisition of six development-stage ready-to-use injectable product candidates from Nevakar Injectables, Inc., and the incremental $30 million is on account of payments to Taiwan Liposome Company, Ltd. to commercialize TLC599. See Endo International plc, Quarterly Report (Form 10-Q) (Aug. 9, 2022).
6 Endo International plc, Q1 2022 Earnings Report (May 5, 2022).
7 Specifically, for 2018, Endo initially guided to between $1,200 million and $1,300 million of adjusted EBITDA and delivered $1,357 million; for 2019, it initially guided to between $1,240 million and $1,340 million of adjusted EBITDA and delivered $1,309 million; for 2020, it initially guided to between $1,220 million and $1,320 million of adjusted EBITDA and delivered $1,396 million; and for 2021, it initially guided to between $1,120 million and $1,280 million of adjusted EBITDA and delivered $1,481 million. Further, for the first quarter of 2022, it guided to between $240 million and $260 million of adjusted EBITDA and delivered $311 million. For applicable guidance, see Endo International plc, Q4 2017 Earnings Report (Feb. 27, 2018); Endo International plc, Q4 2018 Earnings Report (Feb. 28, 2019); Endo International plc, Q4 and FY 2019 Earnings Report (Feb. 26, 2020); Endo International plc, Q4 and FY 2020 Earnings Report (Feb. 25, 2021); Endo International plc, Q4 and FY 2021 Earnings Report (Feb. 28, 2022). For actual results, see Endo International plc, Endo Reports Fourth-Quarter and Full Year 2018 Financial Results (Feb. 28, 2019); Endo International plc, Endo Reports Fourth-Quarter and Full-Year 2019 Financial Results (Feb. 26, 2020); Endo International, plc, Endo Reports Fourth-Quarter and Full-Year 2020 Financial Results and Introduces 2021 Financial Guidance (Feb. 25, 2021); Endo International plc, Endo Reports Fourth-Quarter and Full-Year 2021 Financial Results (Feb. 28, 2022); Endo International plc, Endo Reports First-Quarter 2022 Financial Results (May 5, 2022).
8 The Company has appealed a district court ruling of non-infringement by Eagle Pharmaceuticals, Inc. Oral argument for this appeal was held before the Federal Circuit in July 2022. See Endo International plc, Quarterly Report (Form 10-Q) (Aug. 9, 2022), at 32. Furthermore, the Company indicated on its first quarter 2022 earnings call that second quarter Vasostrict results would include a one-time negative $25 million de-stocking impact. See Endo International plc, Q1 2022 Earnings Call (May 6, 2022), at 4. Additionally, on the same earnings call, the Company touted its recently launched ready-to-use formulation of Vasostrict, highlighting that "while early in the launch, [it was] encouraged by the market conversion to the bottle and the positive feedback … from our customers to-date."
9 The Group believes, and recent management commentary suggests, that Qwo is currently generating a meaningful amount of negative EBITDA. See, e.g., Endo International plc, Q4 2021 Earnings Call (Mar. 1, 2022), at 7 (referencing a plan to "continuing to fund Qwo"); Endo International plc, Q1 2022 Earnings Call (May 6, 2022), at 2 (suggesting the use of cost savings to fund the Qwo clinical study). At a minimum, therefore, the Group believes that Endo will obtain an EBITDA uplift if it simply discontinues Qwo. More significantly, the Company still appears to believe that Qwo has substantial upside and has accordingly recently launched a study (APHRODITE-1) to assess and mitigate potential bruising and discoloration. See Endo International plc, Endo Aesthetics to Introduce New Clinical Study of Qwo at the Annual SCALE Meeting (May 5, 2022).
10 Specifically, as part of a restructuring initiative announced in November 2020, the Company expects to realize annualized pre-tax cash savings of approximately $85 million to $95 million by the first half of 2023. Endo International plc, Quarterly Report (Form 10-Q) (Aug. 9, 2022), at 9. Additionally, in April 2022, the Company announced another restructuring initiative, expecting to realize incremental annualized pre-tax cash savings of approximately $55 million to $65 million by the second quarter of 2023. Id. at 10.
11 These include settlements with Arkansas for $9.75 million, Mississippi for $9 million and the City and County of San Francisco for an initial payment of $5 million and subsequent payments of $500,000 a year over ten years. Endo International plc, Quarterly Report (Form 10-Q) (Aug. 9, 2022), at 28.
12 See Teva Pharmaceutical Industries Ltd., Teva Reports Second Quarter 2022 Financial Results (July 26, 2022) (announcing an agreement in principle on the primary financial terms of a nationwide settlement)
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SOURCE White & Case LLP | https://www.mysuncoast.com/prnewswire/2022/08/10/endo-unsecured-noteholders-group-reiterates-that-bankruptcy-is-unwarranted-light-recent-results/ | 2022-08-10T17:00:20Z |
Virtual Conference Featuring Leading Companies Provides Opportunities for Investors To Gain Insight Into Key Industries
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – announces its 25th Annual Technology, Internet and Communications Conference. The two-day virtual event will gather more than 120 companies across the software, cloud, emerging technology and services industries; as well as firms in the fintech and specialty finance, internet, SaaS/applications software and semiconductor spaces to meet with investors. Companies participating in the conference include Datadog, Etsy, The Trade Desk, Checkpoint, Atlassian, Paypal, and Digital Ocean, along with over 30 private companies including Databricks, Gong and AppsFlyer.
Robin Graham, Managing Director, Head of Technology Investment Banking at Oppenheimer, said, "Innovations in the technology sector continue to define the direction of social, commercial and industrial processes, as U.S. economic fundamentals indicate growth remains strong thanks to consumer demand, business investment and government spending. At a time when economies continue to reopen around the globe, technology companies at the forefront of the digital revolution's next phase can be expected to sustain considerable progress despite uncertainty and the risk of a recession. Oppenheimer looks forward to the productive conversations that will take place during 1-on-1 meetings among participants and investors at our 25th Annual Technology, Internet and Communications Conference."
Members of the Oppenheimer equity research team in attendance include:
- Dominick Gabriele, CFA, Executive Director and Senior Analyst, Fintech and Specialty Finance
- Chris Glynn, Managing Director and Senior Analyst, Industrial Multi-Industry
- Jason S. Helfstein, Managing Director and Senior Analyst, Internet
- Timothy Horan, CFA, Managing Director and Senior Analyst, Cloud and Communication Services
- George Iwanyc, Director, Analytics, Collaboration and Infrastructure Software and Communication Technology Solutions
- Noah Kaye, Managing Director and Senior Analyst, Sustainable Growth and Resource Optimization
- Jed Kelly, CFA, Managing Director and Senior Analyst, Online Travel & Internet
- Ittai Kidron, Managing Director and Senior Analyst, Analytics, Data, Security and Infrastructure Software
- Colin Rusch, Managing Director, Senior Research Analyst, Head of Sustainable Growth and Resource Optimization
- Richard E. Schafer, Managing Director and Senior Analyst, Semiconductors
- Brian Schwartz, Managing Director and Senior Analyst, SaaS / Applications Software
- Ken Wong, CFA, Managing Director, SaaS / Applications Software
- Martin Yang, CFA, Senior Analyst, Emerging Technologies and Services
- Ian A. Zaffino, CFA, Managing Director and Senior Analyst, Special Situations
The conference comes as investors weigh their options on tech companies to determine whether a potential economic downturn could yet again lift demand for tech services. Meaningful exposure to developed and emerging-market stocks are expected to remain key to allocation as concerns around supply chain disruptions, labor shortages, and high inflation subside amid adjustments to monetary policy, and solid U.S. economic fundamentals provide the back support growth-oriented companies need to expand their market presence.
Erica L. Moffett, Head of Research Marketing Services and Associate Director of Equity Research at Oppenheimer commented, "The past two pandemic years have demonstrated that cloud-based services, online consumer platforms, and enterprise information management software companies are resilient in the face of tremendous changes. While a number of risks remain and the market faces new challenges from COVID-19 variants, delayed re-openings and higher commodity prices, investors are aware there are timely and relevant opportunities for companies poised to take advantage of the ever-evolving economy. As Oppenheimer continues to build on its powerful reputation of thought leadership across sectors, we welcome all attending our 25th Annual Technology, Internet and Communications Conference."
Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high net-worth individuals, families, corporate executives, local governments, businesses and institutions.
Media Contacts:
jkuo@haventower.com or mdugan@haventower.com
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SOURCE Oppenheimer & Co. Inc. | https://www.mysuncoast.com/prnewswire/2022/08/09/innovators-take-spotlight-oppenheimer-amp-co-incs-25th-annual-technology-internet-communications-conference/ | 2022-08-09T10:34:06Z |
Ex-NYPD Detective Explains How to Avoid Being a Victim—and a Perpetrator
NEW YORK, April 11, 2022 /PRNewswire/ -- Road-rage shootings in the US have doubled compared to pre-pandemic levels, according to a report in the Wall Street Journal. Citing data from a gun safety group, the paper said road-rage shootings averaged 44 per month in 2021, compared to 22 per month in 2019.
According to former NYPD Detective Mike Sapraicone, founder and president of Squad Security, Inc., it is quite likely a variety of factors are contributing to the increase. These include stress associated with COVID, high prices due to inflation, and a laxer criminal justice system, whereby many criminals believe there will be little or no consequences for their actions.
Sapraicone says the first step in avoiding road-rage begins before you even get in your in your car. "If some things in life haven't been going well and you're under some degree of stress, recognize it could affect your driving," said Sapraicone. "Take a deep breath and remind yourself you want to get from point A to point B in the most uneventful way possible. Turn on some music that will help you stay calm.
"If you encounter an aggressive driver on the road, let it go and don't engage," adds Sapraicone. "Avoid confrontations in common trouble spots, such as where lanes merge. If someone violates the 'alternate feed' credo, just let them in and back off. Responding with your own aggressive act will only escalate the situation."
Sapraicone says riding in left lanes on highways could anger someone who wants to pass you and go faster. "Remember you're not the highway patrol," he says. "Just move to the right and let the vehicle behind you pass."
It is important to have access to your phone in case you need to call authorities, so keep it on and make sure its voice commands are activated. Know where the nearest police station and hospital is in the event you're being followed by another driver, especially one who has displayed or fired a gun.
While the report centers on incidents where guns were fired, Sapraicone says it's reasonable to conclude overall occurrences of road-rage have risen significantly. These include situations where vehicles are damaged and noses are bloodied. He adds that road-rage incidents are often easily avoidable. "In many cases, it takes two to tango. Swallow your pride and move on."
About Squad Security, Inc. (squadsecurity.com)
Established in 1992, Squad Security, Inc. began operating in New York and expanded operations opening full-service offices in Los Angeles, Chicago, Toronto, and London. Since its inception the company has developed into a progressive, well-structured organization, offering a wide range of security and investigative solutions to multinational clients. Based in Uniondale, NY, the agency was founded by Michael D. Sapraicone, a retired first-grade NYPD detective and frequent commentator on security issues for major news media outlets. He also hosts "Street Smart" on Long Island News Radio.
Media Contact:
Joe Carella
Joseph J. Carella Associates Inc.
Public Relations—212-262-8800
mail@jjcpr.com
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SOURCE Squad Security, Inc. | https://www.kxii.com/prnewswire/2022/04/11/road-rage-shootings-have-doubled-during-pandemic/ | 2022-04-11T11:44:34Z |
GLEN ELLYN, Ill., Aug. 3, 2022 /PRNewswire/ -- Morreale Real Estate Services, Inc. (www.morrealeres.com) announces the launch of the new and improved MSite for clients, transferees, and partners.
Over the past few years, the real estate industry has changed drastically, leaving businesses to shrink their turnaround times and increase their productivity. Morreale Real Estate Services addresses these changes and works daily to find the "secret sauce" to make the client relocation process as smooth and easy as possible for their clients.
During this time, the Development team at Morreale Real Estate Services has remodeled the MSite portal for our partners, as well as enhanced our MSite for our clients and their transferees. With this new technology available to our clients, transferees and partners, the relocation process has been made easier through our secure online MSite portal.
The experience our clients have with the Morreale Real Estate team is very important. This new and improved MSite portal is a simple, easy-to-use platform that will make the process of signing documents and returning them more advanced. Our secure system is sure to blow your mind!
Aaron Raffel, COO at Morreale Real Estate Services, says "Over the past couple of years, Morreale Real Estate Services has made it a point to focus on the transferee experience when working with our office. This MSite is another great tool in our toolbelt when working with the client's transferring employee. Having our transferees electronically sign documents through our portal and return them to us is a more efficient experience that will speed up the process. We are excited to introduce this new method of working with our office."
Cory Wilhelmi, Vice President of Client Services, adds "Whether you're a transferee, client or partner, the new Morreale Real Estate MSite portal provides you with the tools to make every relocation successful. From uploading expenses for reimbursement or finding the best M-Preferred partner to work with on your transaction, this new and improved portal puts everything at your fingertips. I can't wait for our clients, partners, and transferees to try it out!"
Morreale Real Estate Services, Inc. is an independent, family-owned organization that provides national title and closing services, acquisition and inventory management services, and accounting services to the corporate relocation and mortgage industry. With over 50 years of industry experience, our home purchase and destination programs are customized to meet your needs and are administered with award winning service and state of the art technology.
Contact Information:
Alicia Conforti
aliciac@morrealeres.com
630.545.5311
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SOURCE Morreale Real Estate Services | https://www.kxii.com/prnewswire/2022/08/03/morreale-real-estate-services-inc-revamps-their-client-amp-transferee-portal/ | 2022-08-03T15:21:04Z |
PCORI also approves $3.9 million for projects to implement research findings for care of appendicitis and serious mental illness
WASHINGTON, July 26, 2022 /PRNewswire/ -- The Patient-Centered Outcomes Research Institute (PCORI) has approved funding awards totaling $258 million to support 26 new research studies. These studies aim to fill evidence gaps and improve health care decision making for a range of high-burden conditions among adults and children, including asthma, bone fractures, migraines, intellectual and developmental disabilities, and sinus infections.
Five comparative clinical effectiveness research (CER) studies focus on improving mental health and another four CER studies focus on heart conditions, which have both continued to worsen in the U.S. amid the COVID-19 pandemic.
Additionally, PCORI today announced about $3.9 million for two projects that aim to promote wider, faster adoption of useful findings from completed PCORI-funded CER studies into typical care practices.
"Reflecting priorities encapsulated in PCORI's recently adopted Strategic Plan, today's funding approvals are an important step in advancing PCORI's work to generate and disseminate information that improves the quality and relevance of evidence available to help patients and all stakeholders make better-informed decisions about their health," said PCORI Executive Director Nakela L. Cook, M.D., M.P.H. "Facing a complex health care system and many care options, patients need reliable information to help them understand which care options will work best for them in their particular circumstances."
The newly approved CER studies on mental health will expand an existing robust portfolio of PCORI-funded research examining the effectiveness of mental health care options for adults and children.
One study will assess the comparative effectiveness of first- and second-line pharmacologic treatment strategies used to help people with bipolar disorder who are experiencing a major depressive episode. Funded for nearly $25 million, this large study aims to include 2,800 adult participants at 38 academic medical centers and community sites across the U.S.
A second study will compare the benefits and potential harms of electroconvulsive therapy and intravenous ketamine for rapid treatment of acute suicidal depression. Funded at about $28.5 million, this large study aims to include 1,500 adults at 10 to 13 sites across the U.S.
A third study will assess the comparative effectiveness of two interventions, text-messaging enhanced telehealth services and financial incentives, to increase outpatient addiction treatment among adults with opioid use disorder after they are discharged from an emergency department.
Two other studies will:
- Compare the effectiveness of in-person and technology-enhanced screening and referral programs at improving screening, referral, treatment attendance, and communication and care coordination for pregnant and postpartum individuals with substance use disorders.
- Compare two interventions – one involving a safety plan with follow-up contacts and the other a brief crisis-oriented intervention targeting interpersonal functioning – to see whether either is better at reducing suicidal ideation and attempts among English- and Spanish-speaking adolescents who receive care in urban emergency departments.
Four newly approved CER studies will add to PCORI's portfolio of funded research determining the effectiveness of cardiac health care options for adults. The largest will compare two therapies used to restore normal heartbeat patterns in millions of patients with both heart failure and reduced ejection fraction. It aims to determine whether His or left bundle branch cardiac pacing or biventricular pacing offers any advantages over the other. Funded at more than $31 million, the study aims to enroll over 2,000 adults at 55 sites in the U.S. and Canada.
Three other studies will:
- Compare patient-centered outcomes for cardiac rehabilitation delivered via telehealth or in-person among chronic heart disease patients.
- Compare the effectiveness of two classes of antianginal medications among older adults with stable angina and multiple chronic conditions.
- Compare blood pressure outcomes among a diverse population of patients with high blood pressure who receive either telehealth-supported, team-based care with a pharmacist or enhanced usual care with telehealth-enabled home blood pressure monitoring equipment and instruction.
These implementation projects will focus on:
- Promoting informed decision making between antibiotics versus appendectomy among eligible patients with appendicitis at 15 hospitals across the U.S., using a program that includes a patient decision support tool.
- Incorporating an mHealth program, which includes a patient smartphone app and an online clinician dashboard, into routine care at three community mental health agencies to help people with serious mental illness manage their symptoms.
PCORI also awarded funding to compare preventive therapies for migraines and bone fractures as well as multiple studies that focus on assessing ways to promote healthy aging. Details of the newly approved studies can be found on PCORI's website.
Details of all studies and projects approved for PCORI funding to date are available on the organization's website. All funding awards were approved pending a business and programmatic review by PCORI staff and the issuance of formal award contracts. With these latest awards, PCORI will have invested more than $3.7 billion to fund patient-centered CER and support other projects designed to enhance CER methods and the infrastructure necessary to conduct CER rigorously and efficiently.
The Patient-Centered Outcomes Research Institute (PCORI) is an independent nonprofit organization authorized by Congress in 2010. Its mission is to fund research that will provide patients, their caregivers and clinicians with the evidence-based information needed to make better-informed health care decisions. PCORI is committed to continuously seeking input from a broad range of stakeholders to guide its work.
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SOURCE Patient-Centered Outcomes Research Institute | https://www.kxii.com/prnewswire/2022/07/26/pcori-approves-258-million-fund-research-studies-addressing-mental-health-heart-related-care-range-chronic-acute-conditions/ | 2022-07-26T19:51:02Z |
EAST HANOVER, N.J., July 27, 2022 /PRNewswire/ -- FGI Industries Ltd. (Nasdaq: FGI) ("FGI" or the "Company"), a leading global supplier of kitchen and bath products, today announced that it will issue financial results for the second quarter 2022 after the market closes on Wednesday, August 10, 2022. Management will conduct a conference call on Thursday, August 11, 2022, at 8:00 am Eastern Time to discuss the quarterly results.
A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investor.fgi-industries.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and download and install any necessary audio software.
To participate in the live teleconference:
To listen to a replay of the teleconference, which will be available through August 25, 2022:
ABOUT FGI INDUSTRIES
FGI Industries Ltd. (Nasdaq: FGI) is a leading global supplier of kitchen and bath products. For over 30 years, we have built an industry-wide reputation for product innovation, quality, and excellent customer service. We are currently focused on the following product categories: sanitaryware (primarily toilets, sinks, pedestals and toilet seats), bath furniture (vanities, mirrors and cabinets), shower systems, customer kitchen cabinetry and other accessory items. These products are sold primarily for repair and remodel activity and, to a lesser extent, new home or commercial construction. We sell our products through numerous partners, including mass retail centers, wholesale and commercial distributors, online retailers and specialty stores.
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The use of words such as "anticipate," "expect," "could," "may," "intend," "plan", "see" and "believe," among others, generally identify forward-looking statements. These forward-looking statements include FGI's guidance. These forward-looking statements are based on currently available operating, financial, economic and other information, and are subject to a number of risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. A variety of factors, many of which are beyond our control, could cause actual future results or events to differ materially from those projected in the forward-looking statements in this release. For a full description of the risks and uncertainties which could cause actual results to differ from our forward-looking statements, please refer to FGI's periodic filings with the Securities & Exchange Commission including those described as "Risk Factors" in FGI's annual report on Form 10-K for the year ended December 31, 2021 and in any quarterly reports on Form 10-Q filed thereafter. FGI does not undertake any obligation to update forward-looking statements whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
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SOURCE FGI Industries Ltd. | https://www.mysuncoast.com/prnewswire/2022/07/27/fgi-industries-announces-second-quarter-2022-results-conference-call-date/ | 2022-07-27T21:28:14Z |
First on CNN: Republican operatives launch new group to elect GOP female governors
By Gabby Orr, CNN
A group of veteran political operatives has launched a new organization to help recruit and support Republican women seeking to run for governor in 2022 and beyond, CNN has exclusively learned.
The group, called Right Direction Women, has set its sights on elevating GOP women to governor’s mansions across the country at a time when only three are currently occupied by Republican women: Kay Ivey of Alabama, Kim Reynolds of Iowa and Kristi Noem of South Dakota.
Chaired by former New Mexico Gov. Susana Martinez, who broke barriers as the first Hispanic female governor in US history, the organization boasts a leadership roster of women who have prior experience recruiting and advising female GOP officeholders. Its national co-chairs, Annie Dickerson and Marie Sanderson, have been involved in candidate recruitment previously — Dickerson as founder of the Winning for Women Action Fund, which has worked to elect Republican women to federal office since the 2018 cycle, and Sanderson as onetime policy director of the Republican Governors Association.
“2022 holds a crucial opportunity for Republicans to not only flip the House and Senate, but also elect conservative women as chief executive of their states,” Sanderson said in a statement. “The women we are looking to support are talented and credentialed, and Right Direction Women is excited to get involved in these critically important campaigns.”
People familiar with the effort said the group will jump right into the 2022 cycle with two upcoming endorsements in Wisconsin and Arkansas, where former Lt. Gov. Rebecca Kleefisch and former Trump White House press secretary Sarah Sanders are competing in their respective primaries. One of the people familiar with the group said it will evaluate candidates on a case-by-case basis and could endorse both moderate Republican women and ultra-conservative women who have embraced former President Donald Trump‘s falsehoods about the 2020 election.
“At the end of the day, we are looking for candidates with leadership abilities, common-sense policies and positions. As has always been the case, there are districts and states where Trump has always been more popular than others,” said a person involved with efforts to elect Republican women, who requested anonymity because they are not directly affiliated with Right Direction Women.
In a statement to CNN, former South Carolina Gov. Nikki Haley commended the group’s desire to “take on the good ole boys’ club across the country.” Haley does not have a formal role with the group.
“I’ve personally seen the power of a great team, and know we must do more to support strong women leaders in their races for governor,” Martinez added in a statement. “Right Direction Women will quickly become a key player in continuing to break glass ceilings for conservative women across the country and I’m honored to be a part of it.”
At a time when Republicans are looking to reverse the party’s weak appeal for college-educated suburban women, the group hopes its efforts to recruit female candidates at the statewide level will work against that trend by presenting female voters with candidates who are more relatable and who face many of the same challenges and decisions that are front and center in these voters’ minds — especially when it comes to education.
“Women who are running for office and have school-age kids, it gives them a unique way to relate to voters,” said the person involved with efforts to elect Republican women.
The emergence of Right Direction Women illustrates a directional shift for the Republican Party, whose leaders have often condemned identity politics, as it looks to diversify and broaden its appeal ahead of this fall’s midterm contests. At a House GOP retreat last month, for example, Republicans gathered in Ponte Vedra Beach, Florida, to discuss a policy plan called “Commitment to America” that they have developed with the goal of broadening the party’s appeal beyond its predominantly White male base.
“In a lot of ways, what we identified was a vacuum in the Republican ecosystem where electing women just wasn’t a priority and for many cycles it was a problem identified, but not a problem solved,” said one of the people familiar with the new group.
Still, past efforts by Republicans to add more women to the party’s ranks haven’t always brought positive returns. Two freshman members of the House GOP caucus — Reps. Marjorie Taylor Greene of Georgia and Lauren Boebert of Colorado — who were elected last cycle in GOP districts — have repeatedly stirred controversy for their offensive comments about minorities and bitter attacks on fellow lawmakers.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/05/first-on-cnn-republican-operatives-launch-new-group-to-elect-gop-female-governors/ | 2022-04-06T04:18:00Z |
DPOservice brings operational efficiency solutions to information security and privacy processes to increase the organizational benefits of compliance.
MONTREAL, June 6, 2022 /PRNewswire/ - Cybenergie announced the integration of DPOsolutions, audit, DPOaaS, CISOaaS, consulting services, specialized in information security, privacy and personal data protection, into its portfolio of services that improve the efficiency of the business and technical architecture of public and private organizations. DPOsolutions, with its expertise in data protection technologies remains independent and becomes a partner of Cybenergie. Cybenergie's new cybersecurity and privacy services will be operated under the DPOservice brand under the responsibility of Vincent Bureau who becomes Cybenergie's Vice President Cyber Privacy.
Cybenergie's CEO, Olivier Deschamps, stated ''As part of the FIC 2022 International Cybersecurity Forum, the largest European event in the field dedicated this year to the future of digital technology, Cybenergie is launching DPOservice, a cybersecurity and privacy protection service offering focused on organizational efficiency. Companies are subject to more and more complex legal constraints and industry practices. This service will reinforce our vertical offer concerning data protection in integrated management solutions such as SAP with data security audit, data governance, optimization of existing access processes or implementation of sensitive data protection solutions.''
DPOsolutions' CEO, Vincent Bureau, stated: "Joining Cybenergie and developing DPOservice is an extremely exciting opportunity and will bring significant strategic and operational benefits to strengthen and enhance our vision of mature cybersecurity and privacy compliance and organizational benefits. We are ready to strengthen the links between privacy, process improvement, data governance, artificial intelligence ethics and environmental, social and governance criteria for our clients."
Cybenergie specializes in the optimization of ITIL business processes, such as identity and access management, service requests and data governance. Cybenergie offers application security audits, IT process design and mapping, and improvement of existing IT solutions. For the past 20 years, Cybenergie has been recognized for its expertise in SAP security redesign, employee data protection and IT department chaos management. Cybenergie is a registered brand in Canada, the United States, Europe, Singapore and China and continues to expand internationally. Cybenergie works as a team to improve the efficiency of your IT processes.
DPOsolutions specializes in personal data protection by design and default, privacy enhancing technologies and their integration, information security, strategies and tactics for trusted data, and an ethical approach to artificial intelligence. With ten years of experience in governance, risk and compliance, DPOsolutions was created to accompany organizations in their compliance with the GDPR and similar laws by combining the legal, organizational, and technological dimensions. DPOsolutions operates for public and private organizations in North America and Europe. For DPOsolutions, data is your strategic asset, its protection is your competitive advantage.
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SOURCE Cybenergie | https://www.kxii.com/prnewswire/2022/06/06/cybenergie-dposolutions-launch-dposervice-fic2022-more-efficiency-cybersecurity-privacy/ | 2022-06-06T18:57:30Z |
NEW YORK, May 19, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Aurinia Pharmaceuticals Inc. ("Aurinia Pharmaceuticals Inc." or the "Company") (NASDAQ: AUPH) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Aurinia Pharmaceuticals Inc. investors who were adversely affected by alleged securities fraud between May 7, 2021 and February 25, 2022. Follow the link below to get more information and be contacted by a member of our team:
AUPH investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Aurinia was experiencing declining revenues; (ii) Aurinia's 2022 sales outlook for the Company's only product which it offers for the treatment of adult patients with active lupus nephritis, LUPKYNIS, would fall well short of expectations; (iii) accordingly, the Company had significantly overstated LUPKYNIS's commercial prospects; (iv) as a result, the Company had overstated its financial position and/or prospects for 2022; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Aurinia Pharmaceuticals Inc. during the relevant time frame, you have until June 14, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/05/19/auph-lawsuit-alert-levi-amp-korsinsky-notifies-aurinia-pharmaceuticals-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-05-19T18:34:07Z |
A Chiplet interconnection specification optimized for maximum applicability enabling low cost
and energy efficient implementations.
AUSTIN, Texas, July 19, 2022 /PRNewswire/ -- Today, the OCP Foundation, the nonprofit organization bringing hyperscale innovations to all, announced the release of the Bunch of Wires (BoW) specification for Chiplet interconnect. The BoW specification represents a next step in the OCP Open Domain Specific Architecture (ODSA) Project's march towards establishing an open Chiplet ecosystem as a catalyst for a new silicon market place and integrated circuit supply chain model. BoW specifies a physical layer (PHY) optimized for System on a Chip (SoC) disaggregation, and complements OCP ODSA Open High Bandwidth Interconnect (OpenHBI) PHY specification targeting High Bandwidth Memory and other parallel bandwidth intensive use cases.
"The demand for specialized silicon has been increasing steadily due to workload diversity, such as with the adoption of AI and ML, and we expect this trend to continue for several years. In response to this demand the OCP recognizes that it must be a catalyst to establish open and standardized Chiplet ecosystems and new markets by investing in Chiplet interconnect technology that will enable composable silicon. The release of the BoW specification is an important step in this direction. We expect to increase our efforts on developing supply chain models for composable silicon," said Bill Carter, CTO, OCP Foundation.
The ODSA BoW PHY specification is optimized for both commodity (organic laminate) and advanced packaging technologies, enabling cost and energy efficient, as well as high-performance designs across a wide range of process nodes. The specification was authored to allow many use cases driving significant economies of scale. Care was taken to impose as few constraints as possible and to avoid including required features in the specification that could increase design complexity when disaggregating an existing SoC.
The BoW specification, with an open license making it available to everyone, is already in use in at least 10 companies, including Samsung and NXP, over a dozen different use cases spanning 5, 6, 12, 16, 22 and 65nm process nodes, and covering Chiplet-based products for networking, specialized AI silicon, FPGAs, and processors.
"The semiconductor industry continues to innovate in new and exciting directions with multicore application specific SoCs, custom core architectures, deep learning, optical communications, analog processing techniques, RF interfaces, memory architectures and more. The new challenge is how to integrate all of these disparate innovations, several of which are not practical to produce at cutting- edge process nodes. Today's announcement from the OCP ODSA, releasing the Bunch of Wires open-source specification for Chiplet interconnect, supplies a new tool toward expanding innovation in the market. This opens the door to a more competitive landscape and diversity in innovation at varying cadences and is fuel or a healthy industry," said Tom Hackenberg, Principal Analyst, Computing & Software Semiconductor, Memory and Computing Division, Yole Intelligence.
About the Open Compute Project Foundation
At the core of the Open Compute Project (OCP) is its Community of hyperscale data center operators, joined by telecom and colocation providers and enterprise IT users, working with vendors to develop open innovations that, when embedded in product are deployed from the cloud to the edge. The OCP Foundation is responsible for fostering and serving the OCP Community to meet the market and shape the future, taking hyperscale led innovations to everyone. Meeting the market is accomplished through open designs and best practices, and with data center facility and IT equipment embedding OCP Community-developed innovations for efficiency, at-scale operations and sustainability. Shaping the future includes investing in strategic initiatives that prepare the IT ecosystem for major changes, such as AI & ML, optics, advanced cooling techniques, and composable silicon. Learn more at www.opencompute.org.
Media Contact
Dirk Van Slyke
Open Compute Project Foundation
Vice President, Chief Marketing Officer
dirkv@opencompute.org
Mobile: +1 303-999-7398
(Central Time Zone/CST/Houston, TX)
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SOURCE Open Compute Project Foundation | https://www.mysuncoast.com/prnewswire/2022/07/19/open-compute-project-foundation-ocp-announces-proven-soc-disaggregation-interface-specification/ | 2022-07-19T19:33:09Z |
LOS ANGELES, June 9, 2022 /PRNewswire/ -- Yuki He, founder and CEO of LiveMe, recently discussed the development of LiveMe and its latest trends with Samsung. LiveMe was awarded the 2021 Samsung Galaxy Store Best Entertainment App among the top performing apps in 2021.
Recognition Motivates
As the company has grown, LiveMe has been recognized by multiple influential media and organizations. When asked what it meant to win this award, Yuki said, "we take this award very seriously and especially thank Samsung for the recognition. With Galaxy Store being one of the largest platforms in the world, being recognized by Samsung also gives us great motivation to continue creating even better products for our users".
LiveMe just celebrated its 6th birthday in April 2022, and from day one, providing the best products to users has been the pursuit of LiveMe. Yuki mentioned the recognition always motivates LiveMe to continue doing what we do best: give our users and the entertainment community the best service.
Diversify More and Include More
DEI represents diversity, equity and inclusion, and has become more widely discussed in the workplace and society. LiveMe has expanded its reach into many countries and serves millions of users, with offices located in the US, Brazil, Egypt, Singapore, China, etc. LiveMe faces challenges related to DEI.
"LiveMe supports multiple languages and is available in many countries, so focusing on content localization based on local culture, trends, and holidays is essential. We are committed to meeting the needs of our diverse users and respecting different cultures and religions. Our goal is to create a supportive community that includes all races, religions, and cultures to connect users in the various regions. As for our management team, it is 40% to 50% women; some of them have been with me for more than five years, building a good relationship with each other. We also have offices in eight countries with different nationalities and cultures, all working together." Yuki replied.
And this female founder mentioned one of her previous speeches at the UN, "At the Women's Entrepreneurship Day (WED) Summit, I encouraged women and girls to become active participants in the economy by becoming leaders, innovators, and entrepreneurs. It gave me an opportunity to share my story with young women from all over the world and highlight how LiveMe is empowering women to share their talents and follow their passions".
Bring Income to the Community
Broadcasters can earn money by presenting engaging content in their livestream channel. Yuki explained more, "some broadcasters see this as a hobby, but some make it their professional career. We are not talking about famous celebrities who have their own channels but rather the Uber driver, bar singer or amateur dancer. They can use LiveMe as an entertainment channel and make money doing it as a living. We help 300,000 broadcasters earn money in the U.S. Globally, we have a million broadcasters that are making good money via LiveMe. It's a very powerful story. Not only do they receive gifts from their fans, but they also get benefits from LiveMe. We also give the broadcasters gifts depending on the volume and activity of their fan base. It helps encourage broadcasters to generate new content."
Every month, LiveMe gives several millions of U.S. dollars to the broadcasters. LiveMe has an ongoing plan with a $60 million investment to support its broadcasters and creators.
Yuki added, "everyone is facing different obstacles in life under the influence of the pandemic, so I hope we can create products that give more companionship, happiness, and love to bring our global users together".
About LiveMe
LiveMe is a global live streaming and social platform. It enables users to live stream special moments, watch great live broadcasts, and video chat with friends worldwide. LiveMe was launched in April 2016. Currently, LiveMe has amassed more than 100 million users worldwide and over 3 million broadcasters. It has become one of the most popular social apps in the United States, and it has been launched in over 200 countries and regions.
About JOYME
JOYME is the mobile app developer behind the popular live broadcasting platform LiveMe. It commits to empowering a community of independent creators to succeed in an increasingly competitive digital landscape since 2016. Our pursuit fuels the ongoing dedication to security and makes JOYME the optimal digital media outlet for creators. JOYME has established a global team with hundreds of employees, and half of the personnel are dedicated to R&D.
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SOURCE LiveMe | https://www.kxii.com/prnewswire/2022/06/09/liveme-ceo-talks-new-award-with-samsung-galaxy-store/ | 2022-06-09T06:20:31Z |
ALPHARETTA, Ga., July 27, 2022 /PRNewswire/ -- Avanos Medical, Inc. (NYSE: AVNS) will webcast its conference call discussing financial results and business highlights for the second quarter 2022 on Tuesday, August 9 at 9 a.m., ET. The company will issue a news release detailing its results before the market opens that same day.
The conference call will be hosted by Joe Woody, chief executive officer, and Michael Greiner, senior vice president and chief financial officer.
To join the live conference call, dial 877-240-5772 in the United States. A simultaneous webcast of the call and a related presentation will be accessible via the Investors section of the Avanos Medical website, https://avanos.investorroom.com/.
A replay of the conference call will be available August 10 at noon ET by dialing 877-344-7529 in the United States and entering passcode 8164434. It will be available for one week. A replay of the webcast also will be accessible in the Investors section of the website, approximately one hour following the completion of the conference call.
About Avanos Medical, Inc.
Avanos Medical (NYSE: AVNS) is a medical device company focused on delivering clinically superior breakthrough solutions that will help patients get back to the things that matter. Headquartered in Alpharetta, Georgia, Avanos is committed to addressing some of today's most important healthcare needs, such as reducing the use of opioids while helping patients move from surgery to recovery. Avanos develops, manufactures and markets its recognized brands in more than 90 countries. For more information, visit www.avanos.com and follow Avanos Medical on Twitter (@AvanosMedical), LinkedIn and Facebook.
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SOURCE Avanos Medical, Inc. | https://www.wibw.com/prnewswire/2022/07/28/avanos-medical-inc-webcast-conference-call-discussing-second-quarter-2022-financial-results/ | 2022-07-28T03:48:15Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GBNH, AMC, AXSM, BBBY, and ENVX.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- GBNH: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GBNH&prnumber=082220222
- AMC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AMC&prnumber=082220222
- AXSM: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AXSM&prnumber=082220222
- BBBY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BBBY&prnumber=082220222
- ENVX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ENVX&prnumber=082220222
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/08/22/thinking-about-buying-stock-greenbrook-tms-amc-entertainment-axsome-therapeutics-bed-bath-amp-beyond-or-enovix-corp/ | 2022-08-22T14:27:36Z |
Woman dies after fall in Rocky Mountain National Park
By KCNC Staff
Click here for updates on this story
ROCKY MOUNTAIN NATIONAL PARK, Colorado (KCNC) — A 21-year-old woman fell into Adams Falls in Rocky Mountain National Park on Thursday. She did not survive.
The woman was from Virginia, Illinois. She fell into Adams Falls which is located on the East Inlet Trail on the west side of the park.
Grand County Sheriff’s Office, Grand County EMS, Grand County Search and Rescue, and Grand Lake Fire assisted the park in recovering her body on Thursday evening.
Her name has not been released.
According to RMNP, Park visitors are reminded to remain back from the banks of streams, rivers and waterfalls, especially during spring runoff. Rocks at streamside are often slippery. Water is extremely cold and can be deceivingly deep and swift. Always provide proper supervision for children, who by nature, tend to be attracted to water. Powerful currents can quickly pull a person underwater.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/20/woman-dies-after-fall-in-rocky-mountain-national-park/ | 2022-05-20T22:31:36Z |
WASHINGTON, Aug. 8, 2022 /PRNewswire/ -- Urban One, Inc. (NASDAQ: UONEK; UONE) will be holding a conference call for investors, analysts and other interested parties to discuss its results for the second fiscal quarter of 2022.
The conference call is scheduled for Tuesday, August 09, 2022 at 5:30 p.m. EDT. To participate on this call, U.S. callers may dial toll-free 1-877-226-8163; international callers may dial direct (+1) 234-720-6983. The Access Code is 2993856.
A replay of the conference call will be available from 8:30 p.m. EDT August 09, 2022 until 12:00 a.m. EDT August 12, 2022. Callers may access the replay by calling 1-866-207-1041; international callers may dial direct (+1) 402-970-0847. The replay Access Code is 8046193. Access to live audio and a replay of the conference call will also be available on Urban One's corporate website at www.urban1.com. The replay will be made available on the website for seven days after the call.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements represent management's current expectations and are based upon information available to Urban One at the time of this release. These forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond Urban One's control, that may cause the actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially are described in Urban One's reports on Forms 10-K, 10-Q, 8-K, S-3 and other filings with the Securities and Exchange Commission (the "SEC"). Urban One does not undertake any duty to update any forward-looking statements.
Urban One, Inc. (urban1.com), together with its subsidiaries, is the largest diversified media company that primarily targets Black Americans and urban consumers in the United States. The Company owns TV One, LLC (tvone.tv), a television network serving more than 59 million households, offering a broad range of original programming, classic series and movies designed to entertain, inform and inspire a diverse audience of adult Black viewers. As of April 2022, Urban One currently owns and/or operates 64 independently formatted, revenue producing broadcast stations (including 54 FM or AM stations, 8 HD stations, and the 2 low power television stations we operate) branded under the tradename "Radio One" in 13 urban markets in the United States. Through its controlling interest in Reach Media, Inc. (blackamericaweb.com), the Company also operates syndicated programming including the Rickey Smiley Morning Show, the Russ Parr Morning Show and the DL Hughley Show. In addition to its radio and television broadcast assets, Urban One owns iOne Digital (ionedigital.com), our wholly owned digital platform serving the African-American community through social content, news, information, and entertainment websites, including its Cassius, Bossip, HipHopWired and MadameNoire digital platforms and brands. We also have invested in a minority ownership interest in MGM National Harbor, a gaming resort located in Prince George's County, Maryland. Through our national multi-media operations, we provide advertisers with a unique and powerful delivery mechanism to the African-American and urban audiences.
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SOURCE Urban One, Inc. | https://www.kxii.com/prnewswire/2022/08/08/urban-one-inc-second-quarter-2022-results-conference-call/ | 2022-08-08T21:49:42Z |
TAMPA, Fla. (WFLA) — To many, June means the official return of summer, but it’s not the only season to kick off this month. June also marks the start of the supermoon season.
According to AccuWeather, supermoons are annual occurrences that take place in sets of three or four, causing the moon to look slightly bigger and brighter than other full moons throughout the year.
This year, astronomers will get their first glimpse of a supermoon starting late Monday, June 13. The supermoon will remain in the sky until Tuesday morning when it will reach its full illumination at 7:52 a.m. This first occurrence is called the Strawberry Moon because it will happen during the strawberry harvest season.
Why does the moon appear bigger?
As the moon orbits around the Earth, it follows a misshapen oval path called an ellipse. Because of this, the moon is closer to the Earth at times and farther away at others, AccuWeather explains.
A supermoon takes place when a full moon happens around the same time as when the moon is closest to Earth, causing it to look slightly bigger and brighter than other full moons. NASA says supermoons can appear up to 30% brighter and 17% larger than other full moons.
The Strawberry Moon will be the brightest moon of the year, making it fairly easy to spot in the night sky.
Where should I look?
NASA says the full moon will be at 7:52 a.m. EDT on Tuesday, June 14. Later that night, around 7:24 p.m., the Strawberry Moon will reach its closest point to Earth for this orbit, known as perigee.
To see the Strawberry Moon, you’ll want to look toward the southeast just after sunset on Tuesday, June 14, according to the Old Farmer’s Almanac. Check the Almanac’s Moonrise and Moonset Calculator for times when you can see it in your area.
This will be the lowest full moon of the year, NASA explains, as it will only reach 23.3 degrees above the horizon early Wednesday morning. | https://cw33.com/news/strawberry-supermoon-to-rise-this-week-heres-how-to-see-it/ | 2022-06-13T15:19:22Z |
NEW YORK, June 3, 2022 /PRNewswire/ -- The Federal Republic of Germany honored American Jewish Committee (AJC) CEO David Harris with the prestigious Stern/Knight Commander's Cross of the Order of Merit. It is the highest tribute Germany can pay to individuals for services to the nation.
German Ambassador to the United States Emily Haber presented the award to Harris as "a worthy recognition of your lifelong commitment to the Jewish community and the relationship between Jews and Germany." The ceremony took place last evening at the residence of German Consul General David Gill in New York.
Harris, the son of Holocaust survivors, has spearheaded the positive evolution of the special relationship between AJC and Germany since he became AJC CEO in 1990. In doing so, he has built on the groundbreaking achievements of his predecessors at the helm of AJC. The global Jewish advocacy organization was founded in 1906 by Jews of German descent.
The excruciatingly difficult decision of AJC leaders in the late 1940s, very soon after the Holocaust, to reengage Germany set AJC, uniquely among international Jewish organizations, on a journey that has yielded a range of productive partnerships with the German government and civil society. AJC was the first global Jewish organization to commit itself to Germany's renewed sovereignty, as well as to the reestablishment of Jewish life in Germany.
Under Harris's leadership, following the fall of the Berlin Wall, AJC was the first major Jewish organization to support German unification. In 1994, he helped conceive and launch the unique partnership between AJC and the German armed forces. And in 1998, AJC became the first international Jewish organization to establish a permanent presence in Germany, the AJC Berlin Lawrence and Lee Ramer Institute for German-Jewish Relations.
AJC and Germany: History in the Making 1945 – 2020 details the special relationship between Germany and AJC, and Harris's role at pivotal moments over the past 32 years.
Harris has been honored more than 20 times by foreign governments for his international work. Indeed, he is the most decorated Jewish organizational leader in American history.
He previously received two major German awards. In 2004, German Defense Minister Peter Struck presented Harris with the Gold Cross of the German Armed Forces, for "ten years of partnership between the German Armed Forces and the American Jewish Committee." In 2000, German Federal President Johannes Rau presented the Das Grosse Verdienstkreuz (Grand Cross of Merit) to Harris for "contributions to German-American and German-Jewish relations."
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SOURCE American Jewish Committee | https://www.kxii.com/prnewswire/2022/06/03/ajc-ceo-david-harris-receives-prestigious-german-government-award/ | 2022-06-03T16:18:31Z |
Review: Top-notch food, awkward experience at 330 Bar & Grill
The 330 Bar & Grill inside the DoubleTree by Hilton Canton Downtown hotel is a hop and a skip from The Rep’s office on Market Avenue South. But because the restaurant opened in late 2020, and I’ve been working remote since March 2020, I tend to forget it's there.
I visited once to celebrate a birthday in the party room, and I decided it was time to visit again for dinner.
On a sunny Thursday, my husband, Austin, and I made our way to the hotel restaurant for dinner. From the moment we walked in, things were a little awkward.
Restaurant review:'I can't get enough of it.' Tasty wraps, delicious chips and dip at Thatsa Wrapp Shack
The manager was at the host stand and asked if we had reservations. The restaurant wasn’t that full, so that felt a bit odd.
When we were seated, we were asked for our drink orders. Our drinks arrived quickly, but then we waited for 10 minutes for our order to be taken. We couldn’t figure out who was waiting on our table. A few waitresses walked throughout the restaurant, as did the manager.
The manager did take our order, followed quickly by a waitress asking if it had been done. It all felt a little confusing.
Our dishes came out quickly. I ordered the Reuben ($15) − surprise, surprise − and upgraded the side to sweet tots for an extra $2. Austin got The Fulton flatbread pizza ($13).
The Reuben’s description on the menu says it’s made with house corned beef, Amish baby Swiss, sauerkraut, 1330 island dressing and Norcia marble rye. I’m convinced the bread wasn’t a marble rye. It may have been a light marble rye, but it didn’t have much marbling. It also had caraway seeds that I didn’t care for and was a bit too crunchy for my taste.
Yes, you read that right − 1330 island dressing. It's just like thousand island dressing, but it's from a restaurant with 330 in its name.
Restaurant review:Delicious sandwiches and calzones, affordable prices at Michael D's
Aside from my bread preference issues, I really enjoyed this sandwich. The beef was sliced thin, and there was ample kraut, cheese and dressing. I think this sandwich might have had the most cheese I’ve ever had on a Reuben, which I really appreciated. I also liked that it was hefty and filling.
From the first bite, the sweet tots blew me away. They were definitely worth the upgrade from French fries, 330 chips or fruit that come with all sandwiches. They also can be purchased a la carte for $6.
I’m a huge fan of sweet potatoes, and these hit just right. The outside of each one had just the right crunch, while the inside was perfectly soft. The flavor was exquisite. I believe they had just a sprinkling of cinnamon or sugar on top that gave them the perfect level of sweetness, while still tasting savory.
The portion was large but not overbearing. I couldn’t finish them, so I was lucky enough to bring them home and enjoy them for lunch the next day.
Austin’s flatbread pizza called The Fulton had pepperoni, bacon, mozzarella, banana pepper and San Marzano tomato sauce. He said it was filling and tasted great. In terms of the flatbreads offered, he played it safe, as the others seemed to have more flavor.
I pick on him for always getting the “vanilla” option, but he liked it, so that’s all that matters.
Restaurant review:Tlaquepaque at Oakwood Square delights with enchiladas, chimichangas, churros
The menu offers other flatbreads, including Hawaiian that sounded tasty. There also are sharable dishes, including wings, pierogies and a quesadilla; soups and a variety of salads; a few handheld sandwiches, including a burger and a chicken sandwich; several entrees, including chicken parmesan, pork chops, salmon, cannelloni, crab cakes and ravioli; several sides, and a variety of desserts.
I can’t say enough good things about the food, especially the sweet tots, but the whole dining experience was awkward from beginning to end. The same waitress who checked to see that we'd ordered dropped off our check. Then, the manager stopped by to drop it off.
The whole experience felt uncomfortable and made me wonder if they were short staffed.
330 Bar & Grill is at 320 Market Ave. S in downtown Canton. The restaurant is open from 7 a.m. to 10 p.m. daily for breakfast, lunch and dinner. Sunday brunch is served from 9 a.m. to 3 p.m. For more information and to view the full menu, visit 330barandgrill.com.
330 Bar & Grill
Taste: Everything we ordered was tasty. 4.5/5 stars
Ambiance: The restaurant is very beautiful and has a nice lounge feel. 5/5 stars
Service: Things were awkward and a bit uncomfortable. 3/5 stars
Concept: For a hotel restaurant, it had its own theme and was done well. 4.5/5 stars
Price: Prices seemed in line with similar restaurants. 4/5 stars
Overall rating: 4.2 stars | https://www.cantonrep.com/story/entertainment/dining/restaurant-reviews/2022/09/13/review-top-notch-food-awkward-experience-at-330-bar-grill-downtown-canton-stark-county/67978568007/ | 2022-09-13T10:30:19Z |
SEBRING, Fla., Aug. 8, 2022 /PRNewswire/ -- U-Haul® recently purchased the former Starpar Storage® property at 4541 Tanglewood Drive for its first Company-owned facility in Sebring to better meet the moving and self-storage demands of Highlands County.
U-Haul Moving & Storage of Sebring began operations on July 19 and is now offering self-storage with extended-hours access. Customers will also have access to truck and trailer sharing, towing equipment, moving supplies and boxes, professional hitch installation and much more.
The property currently houses 575 rental units.
"This storage property borders nearly 13 acres of bare land where we plan to offer additional drive-up storage units and a warehouse for U-Box® portable storage containers," said Dave Thompson, U-Haul Company of Western Florida president. "We are excited to save our customers time and money by providing a clean, secure location where their possessions can be stored."
Contact U-Haul Moving & Storage of Sebring at (863) 658-0390. Hours of operation are 7 a.m.-7 p.m. Monday-Thursday and Saturday; 7 a.m.-8 p.m. Friday; and 9 a.m.-5 p.m. Sunday. Reserve equipment at uhaul.com or contact Reservations at 1-800-GO-UHAUL.
"Sebring is located in the center of Florida and is attracting new residents every day," Thompson added. "Demand for self-storage from a trusted name like U-Haul is increasing."
Thompson intends to hire at least 20 Team Members to staff the new store. U-Haul will look to hire locally to promote job growth within the Sebring community. U-Haul, honored as a "Best for Vets 2020" leading veteran-friendly employer by The Military Times, actively recruits veterans and gives them preference in the hiring process. Find U-Haul careers at uhauljobs.com.
Fourteen U-Haul neighborhood dealers in Sebring continue to be available to serve DIY movers. U-Haul has partnered with independent dealers to offer rental equipment since 1945. During these challenging times for small businesses, more than 21,000 dealers across the U.S. and Canada are generating supplemental income through their U-Haul partnership. When customers rent from U-Haul dealers, they are directly supporting small businesses in their community. Because no financial investment is required, dealers are not U-Haul franchises. They are simply small businesses committing their lot space for U-Haul equipment and their time to meet the mobility needs of customers. Learn more about how to partner with U-Haul by visiting uhaul.com/dealer.
About U-HAUL
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 186,000 trucks, 128,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers 876,000 rentable storage units and 75.1 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.
Contact:
Andrea Batchelor
Jeff Lockridge
E-mail: publicrelations@uhaul.com
Phone: 602-263-6981
Website: uhaul.com
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SOURCE U-Haul | https://www.kxii.com/prnewswire/2022/08/08/u-haul-opens-former-starpar-storage-brings-20-jobs-sebring/ | 2022-08-08T17:13:28Z |
WATCH: Boat explodes, sends debris flying at Florida marina
Published: Aug. 22, 2022 at 2:51 PM CDT|Updated: 47 minutes ago
DAYTONA BEACH, Fla. (Gray News/TMX) – A boat exploded after refueling at a Florida marina Sunday.
The Daytona Beach Fire Department posted surveillance video of the boat bursting into flames at Halifax Harbor Marina.
You can see an explosion at the back half of the boat, sending debris flying.
Several people were on board at the time and one person was standing on the dock.
Four people were hurt during the explosion, one of whom was airlifted to a hospital in Orlando.
Firefighters extinguished the flames, but the boat sank.
Copyright 2022 Gray Media Group, Inc. All rights reserved. TMX contributed to this report. | https://www.wibw.com/2022/08/22/watch-boat-explodes-sends-debris-flying-florida-marina/ | 2022-08-22T20:39:59Z |
Chairman Roger Holstein to present on health equity, substantial disparities in care and ways health plans can ensure equal access to care
OVERLAND PARK, Kan., June 21, 2022 /PRNewswire/ -- Quest Analytics, the leader in provider network management solutions and services, today announced that the company will attend AHIP 2022. At the conference, Quest Analytics will share new features and functionalities in their Quest Enterprise Services platform that ensure compliance with new network adequacy and provider directory accuracy requirements.
In addition, Quest Analytics' Chairman Roger Holstein will speak about health equity and what health plans can do to ensure that access to care is, in fact, equal access. The session entitled, "Can we transform health plan networks into health equity networks," will take place on Wednesday, June 22, from 2:45 p.m. to 3:30 p.m. PT as part of the Data, Analytics, and Actionable Intelligence track.
The presentation explores the substantial disparities in health outcomes amongst racial and socially disadvantaged populations. Disparities which are not, in fact, due to race nor individual choices, but largely due to systemic racial bias, social determinants and the historical policies which led to them. His presentation will address the following questions: 1) what is health equity? 2) do today's health plan networks improve health disparities or potentially and inadvertently reinforce them? and 3) what can health plans and providers do to ensure that access to care reduces health inequities?
"We have known about disparities in health outcomes for a very long time, and while there have been recent improvements in access to health care via the ACA—these disparities still exist and in most cases, are not improving," said Roger Holstein, Chairman, Quest Analytics. "I believe that health plans and health systems are the foundation of improving health equity— and my talk explores ways to ensure that access to care, is to the best of our ability, equal access to care to improve health and outcomes for all Americans."
For more information or to book a session with a Quest Analytics representative onsite at AHIP, click here.
Quest Analytics' software platform and services are trusted by more than 400 clients, including all eight of the nation's largest health plans, regulators, including the Centers for Medicare and Medicaid Services (CMS) and multiple state regulatory agencies, and many of the nation's leading health systems and provider groups to manage, measure and monitor health plan network performance. The company helps 90% of all healthcare networks deliver differentiated member experiences, thereby impacting 90% of Americans' access to quality healthcare. For more information, please visit www.questanalytics.com.
Roger Holstein is Chairman, Quest Analytics and is also a Managing Director at Vestar, a leading U.S. middle-market private equity firm. For more than 30 years, Roger has been a transformative force leading healthcare into the digital age, empowering consumers and physicians alike with transparent access to the information they need to make informed decisions. He has led investments in healthcare information companies, including Quest Analytics, Healthgrades, Press Ganey and Friday Health Plans. In addition, Roger serves on the Board of Directors of Progyny and Mercury Healthcare. From 1997-to 2005, Roger served as CEO, President or Director of WebMD and helped establish it as the leading source of healthcare information for consumers and professionals. From 1991 to1996, Roger was a member of the Office of the President at Medco, where he helped create the business of prescription benefit management. Prior to that, he served as a senior executive at MCI, Warner Amex Cable and Grey Advertising. Roger began his career as the Director of Marketing—and Public Address Announcer—for the Spirits of St. Louis Basketball Team in the ABA. Roger holds a BA, with distinction, from Swarthmore College.
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SOURCE Quest Analytics | https://www.kxii.com/prnewswire/2022/06/21/quest-analytics-attend-speak-ahip-2022/ | 2022-06-21T17:00:20Z |
GRAND RAPIDS, Mich., Sept. 6, 2022 /PRNewswire/ -- The Huizenga Group today announced the addition of Bulldog Factory Service to its growing portfolio of automation companies. Santanna Tool & Design Company – Bulldog Factory Service is based in Madison Heights, Mich., with additional operations in North Carolina and Mexico.
Bulldog Factory Service is a full-service automation supplier specializing in lean process cost-effective manufacturing solutions that include automated and welding systems, conveyors, design and simulation services, and workforce reduction projects and kits.
"We're pleased to announce this partnership," Huizenga Group President Steve Klotz said. "It highlights the vision of Huizenga Group to invest in Michigan-based companies and create enduring economic growth. It also emphasizes Bulldog Factory Service's mission to provide high-quality customer service by delivering reliable, cost-effective solutions that exceed consumer expectations."
Bulldog Factory Service was drawn to a partnership with Huizenga Group because of its expertise and positive track-record in the automation space, said Bulldog Factory Service Owners Joseph and Jamilce Newton.
The Huizenga Group is a privately held investment firm which provides management services to a diverse group of companies in tool and die, pharmaceutical packaging, machined metal parts, electrical contracting and highly engineered automotive component manufacturing.
"They are the perfect partner for us as our company continues to grow," Joseph Newton said, adding, "Our strategic partnership will enable Bulldog to further capitalize on its already strong customer relationships. Working with the Huizenga Group gives us the flexibility to continue meeting existing customer needs while also creating new opportunities to expand."
About Bulldog Factory Service
Established in 1937, Bulldog Factory Service has more than 80 years of experience in providing engineering services and the manufacturing of flexible production systems for the automotive industry. Bulldog delivers turn-key systems individually tailored to meet clients' unique needs. Learn more at santannatool.com.
Bulldog was advised by Phil Gilbert of East Bay Advisors: philgilbert@eastbayadv.com.
About Huizenga Group
Founded in 1985, the Huizenga Group provides management services to its diverse portfolio of companies that deliver critical products and services to the world's leading security, automotive, pharmaceutical, medical device, consumer goods, and office furniture manufacturers. Learn more at huizengagroup.com.
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SOURCE Huizenga Group | https://www.mysuncoast.com/prnewswire/2022/09/06/huizenga-group-makes-strategic-investment-bulldog-factory-service/ | 2022-09-06T20:36:51Z |
Students and advocates gather to celebrate efforts to provide free period products to K-12 students and donate to schools and community organizations
SALT LAKE CITY, Sept. 13, 2022 /PRNewswire/ -- Members from The Policy Project/Utah Period Project and Aunt Flow®, which is on a mission to change the world one cycle at a time, will host Utah's first Period Party® to pack nearly 3,000 period packs to distribute to students in lower-income areas and nonprofit organizations that support youth in need. The period packs are for youth who are experiencing period poverty as the lack of access to menstrual products for students remains a significant issue. The Period Party also celebrates the efforts of student ambassadors who were instrumental in Utah's state legislature passing a law that now requires K-12 public and charter schools across the state to provide free period products.
"Accessibility is an issue for students in grades K-12 across the country as one in four menstruating students say they cannot afford period products," said Emily Bell McCormick, president and founder of The Policy Project/Utah Period Project. "We want to ensure students have pads and tampons both in and out of school. We are proud to partner with Aunt Flow to celebrate the beginning of this school year marking the first time that school-age menstruators have access to quality period products, free of charge––restoring dignity and confidence in students who face period poverty."
Being held on Sept. 13 at Twenty & Creek in Sandy, UT, the event will gather more than 250 of the organization's student ambassadors to celebrate the success of free, quality period products in public schools and to mark the commitment to students learning to make a difference in their communities and states. Student ambassadors from around the state also will pack period kits with tampons and pads to donate to schools where period poverty may be an issue. Period kits will also be donated to nonprofits throughout the state to distribute to those in need.
For the 2022-2023 school year, 6,300 Aunt Flow free-vend dispensers were installed in the majority of public and private K-12 school bathrooms in Utah to provide students with Aunt Flow organic cotton period products, as part of an effort made possible by private donors and The Policy Project.
"We have received amazing feedback from students across the state about the period products in their school bathrooms," said Jane Clayton, chair of Utah Period Project's student ambassador program. "Comments range from, 'I'm so excited I don't have to worry about my period at school' to 'the products are actually comfortable, organic and cute!' Our girls are starting to feel that their world is reflecting an understanding of their needs just a bit more."
One in five menstruating students have missed school because of a lack of period supplies and resources, and according to the National Education Association, one school system that offered free menstrual products saw a 2.4% increase in school attendance.
"We are excited to celebrate the tireless efforts of the students and advocates from the Utah Period Project, as they are helping to lead the menstrual movement and setting the standard for other states to follow," said Aunt Flow Chief Estrogen Officer (CEO) Claire Coder. "It is so inspiring to see students come together to ensure no menstruator goes without period products. We are proud to be part of this monumental effort not only in Utah, but across the country."
Aunt Flow is committed to ensuring that everyone has access to period products. Claire Coder founded Aunt Flow after getting her period in public without the supplies needed. At 18-years-old, she dedicated her life to developing a solution to ensure businesses and schools could sustainably provide high-quality menstrual products for free in bathrooms. Now, thousands of companies have joined the menstrual movement with Aunt Flow, providing free-vend dispensers stocked with organic tampons and pads. For every 10 tampons and pads sold, Aunt Flow donates one to a menstruator in need. We call this people helping people. PERIOD.® For more information and to join the menstrual movement, visit www.goauntflow.com.
The Policy Project is a nonprofit (501c3), non-partisan organization that promotes solution-based policies to remove barriers to opportunity. We work toward healthy, equitable policy for the future of our children, our community and our world. We are currently working to end period poverty in our lifetime as part of our initiative, Utah Period Project.
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SOURCE Aunt Flow | https://www.wibw.com/prnewswire/2022/09/13/policy-project-aunt-flow-hold-period-party-pack-up-3000-period-kits-youth-need/ | 2022-09-13T14:39:34Z |
Abby Barnett
June 24, 1988 - August 27, 2022
Abigail (Abby) Renee Barnett (Duncan) was born June 24, 1988 at King’s Daughters Memorial Hospital in Temple TX and died on August 27, 2022.
The daughter of Allen Michael Duncan Sr and Jeannie Ann Beard Duncan, Abby grew up in Texas, Louisiana, then Texas again. When she wasn’t reading, Abby could be found with a smile on her face playing with friends, dancing and singing with her best friend Kristina, and trying to keep up with her siblings.
Abby attended school in Buckholts and Belton. She went on to attend cosmetology school and became a hairstylist, working side by side with her mom at Sudden Changes Salon in Belton TX. Her favorite days involved creating beautiful updos for proms, weddings, and special events.
Abby married the love of her life Michael Barnett on March 13, 2011 in Round Rock TX after he won her over with his spectacular 2-stepping skills and guitar solos. Together they raised 3 beautiful children, Ariana(10) Liam(7) and Allie Mae(3). Her children were her entire world.
Ari thought shopping with Mom was the funniest thing because they could never agree on things. Abby would always ask if Ari was even her child, even though everyone knows Ari was her Mini Me, and then they would laugh over weird shoes and clothes.
Liam said Mom was nice to him and he liked gardening and going to Lake Belton with her.
Allie Mae liked to paint and draw with Mommy.
Abby could light up any room and gave her all to everything she did and to everyone. She put herself after everyone else, no matter what. Give her 50 reasons something wouldn’t work and she still said it would, and usually it did. She didn’t push you to make yourself better, but she made you want to be better.
She loved the beach, fishing, Christmas, arts, crafts, and DIYing of all kinds. She loved fiercely, passionately, and without reservation, she loved more.
Abby is survived by her husband Michael, children Ariana, Liam, and Allie Mae, mother Jeannie, father Allen, brother Michael and wife Ashtyn, sister Christine and husband Josh (Joshy-Poo) Bennett, numerous in-laws, aunts, uncles, cousins, nieces, nephews, and their cherished friends turned family.
We will be celebrating Abby’s life on Sunday, Sept 4, at Dossman Funeral Home in Belton TX at 11am with visitation the evening prior 5-7pm.
Paid Obituary | https://www.tdtnews.com/obituaries/article_0aadb210-2a3a-11ed-805a-e793d047c46f.html | 2022-09-02T10:44:21Z |
HOUSTON, Aug. 4, 2022 /PRNewswire/ -- Independence Contract Drilling, Inc. (the "Company" or "ICD") (NYSE: ICD) today reported financial results for the three months ended June 30, 2022.
Second quarter 2022 Highlights
- Net loss, as defined below, of $2.8 million, or $0.21 per share.
- Adjusted net loss, as defined below, of $9.8 million, or $0.72 per share.
- Adjusted EBITDA, as defined below, of $9.2 million, representing an approximate 158% sequential improvement from the first quarter of 2022.
- Adjusted net debt, as defined below, of $158.0 million.
- Marketed fleet utilization of 71%.
- Fully burdened margin of $8,946 per day, representing an approximate 56% sequential improvement from the first quarter of 2022.
In the second quarter of 2022, the Company reported revenues of $42.3 million, a net loss of $2.8 million, or $0.21 per share, adjusted net loss (defined below) of $9.8 million, or $0.72 per share, and adjusted EBITDA (defined below) of $9.2 million. These results compare to revenues of $19.8 million, a net loss of $14.9 million, or $2.22 per share, adjusted net loss of $14.6 million, or $2.18 per share, and adjusted EBITDA loss of $0.4 million in the second quarter of 2021, and revenues of $35.0 million, a net loss of $58.8 million, or $5.20 per share, an adjusted net loss of $11.1 million, or $0.98 per share, and adjusted EBITDA of $3.6 million in the first quarter of 2022.
Chief Executive Officer Anthony Gallegos commented, "I am extremely pleased with our performance during the second quarter, on both a financial and operational front. Sequential margin improvements of 56% drove sequential EBITDA improvements of over 150%. Dayrates for ICD rigs continue to increase with most ICD rigs now set to reprice one to two additional times before year-end. Based on contracts in hand and current spot prices, we expect to see incremental margin per day improvements in the third quarter of approximately 14% and further meaningful improvements in the fourth quarter as well. All of this should drive meaningful EBITDA improvements through the remainder of this year and into 2023.
Operationally, I believe the second quarter was pivotal for ICD. We reactivated our 18th rig on schedule, and on budget, and it has commenced operations in the Haynesville effective August 1, 2022 on a one-year contract with a large independent. Our 19th rig is scheduled to reactivate at the beginning of the fourth quarter and our 20th rig is scheduled to reactivate late in the fourth quarter. We also have begun preparing to reactivate our 21st rig early in the first quarter of 2023. Based upon current spot dayrates for 300 series rigs, all of these rigs should pay back their reactivation costs in one year or less.
But more importantly, we completed all engineering work necessary to convert the significant majority of our 200 series rigs to 300 series specifications with very modest incremental investments of approximately $650,000 per rig. Rigs meeting 300 series specifications are in the shortest supply and command the highest dayrates, and we expect to earn less than one-year paybacks on these conversions based upon dayrate differentials today. These conversions require minimal rig downtime and we plan to execute these conversions as our customer base requires. Today, nine of our ten operating 200 series rigs are eligible for this conversion, and we have already signed two contracts for such conversions in the third and fourth quarters of 2022. In addition, six of our non-marketed rigs are eligible for this conversion, and we have now added two of these rigs to our marketed fleet, increasing our marketed fleet from 24 rigs to 26 rigs.
With this backdrop, I could not be more excited about ICD's strategic positioning in this market dynamic. Our focus on short-term, pad-to-pad contracts is allowing us to quickly convert rapidly improving dayrate momentum into our reported results, and we have now started to build our contractual backlog into 2023. Our overall rig reactivation plan and schedule remains intact, and with our 200-300 series conversion program announced, we have the ability to offer from top to bottom what we believe is one of the most competitive rig fleets in the industry. This is not only driving improved financial performance, but continual high-grading of our customer base. During the second quarter, we added two additional large independents to our customer base, and today, of our 18 operating rigs, approximately 80% are working for public companies or the two largest private operators in the Permian and Haynesville plays."
Quarterly Operational Results
In the second quarter of 2022, operating days increased sequentially by 5% compared to the first quarter of 2022. The Company's marketed fleet operated at 71% utilization and recorded 1,540 revenue days, compared to 1,077 revenue days in the second quarter of 2021, and 1,463 revenue days in the first quarter of 2022.
Operating revenues in the second quarter of 2022 totaled $42.3 million, compared to $19.8 million in the second quarter of 2021 and $35.0 million in the first quarter of 2022. Revenue per day in the second quarter of 2022 was $24,875, compared to $16,514 in the second quarter of 2021 and $21,823 in the first quarter of 2022. The sequential increase quarter over quarter in revenue per day was driven by higher dayrates on contract renewals and reactivated rigs.
Operating costs in the second quarter of 2022 totaled $28.9 million, compared to $17.0 million in the second quarter of 2021 and $27.2 million in first quarter of 2022. Fully burdened operating costs were $15,929 per day in the second quarter of 2022, compared to $13,352 in the second quarter of 2021 and $16,069 in the first quarter of 2022. Sequential decreases in operating costs per day were driven primarily by improved cost absorption, partially offset by higher labor costs associated with increases in field-level wages during the latter part of the second quarter of 2022.
Fully burdened rig operating margins in the second quarter of 2022 were $8,946 per day, compared to $3,162 per day in the second quarter of 2021 and $5,754 per day in the first quarter of 2022. The Company currently expects per day operating margins in the third quarter of 2022 to increase sequentially approximately 14% compared to the second quarter of 2022, driven primarily by favorable dayrate momentum as well as reactivation of the Company's 18th rig.
Selling, general and administrative expenses in the second quarter of 2022 were $4.9 million (including $0.7 million of non-cash compensation), compared to $4.1 million (including $0.9 million of non-cash compensation) in the second quarter of 2021 and $5.2 million (including $1.0 million of non-cash compensation) in the first quarter of 2022. Cash selling, general and administrative expenses continue to remain elevated due to higher recruiting and onboarding expenses.
During the quarter, the Company recorded interest expense of $8.2 million, including $2.0 million, or $0.15 per share, relating to non-cash amortization of debt discount and debt issuance costs. The Company has excluded these non-cash expenses when presenting adjusted net income/loss per share. Following approval of matters submitted to the Company's stockholders at the Company's 2022 Annual Meeting on June 8, 2022, embedded derivative features within the Company's Senior Secured PIK Toggle Convertible Notes due 2026 were deemed extinguished for financial accounting purposes. As a result, during the second quarter of 2022 the Company reclassified the conversion rate feature ($69.2 million) of the derivative liability on its balance sheet to additional paid-in capital and recognized a non-cash gain on the extinguishment of the PIK interest rate feature of $10.8 million. This non-cash gain was excluded when presenting adjusted net income/loss per share.
The Company's forecasted effective tax rate was adjusted during the second quarter of 2022, resulting in tax expense of $2.2 million, or $0.16 per share, compared to a tax benefit during the first quarter of 2022. Of this tax expense, $0.3 million relates to cash taxes, which are attributable to state and local franchise taxes.
Drilling Operations Update
The Company exited the second quarter with 17 rigs operating, with our 18th rig commencing operations August 1, 2022. Overall, the Company's operating rig count averaged 16.9 rigs during the quarter. The Company's backlog of drilling contracts with original terms of six months or longer was $54.3 million as of June 30, 2022. This backlog excludes rigs operating on short term pad-to-pad drilling contracts. Approximately 64% of this backlog is expected to be realized in 2022.
Capital Expenditures and Liquidity Update
Cash outlays for capital expenditures in the second quarter of 2022, net of asset sales and recoveries, were $4.5 million. This included $3.8 million associated with prior period deliveries.
As of June 30, 2022, the Company had cash on hand of $7.3 million, a revolving line of credit with availability of $14.0 million, and $157.5 million principal amount outstanding under its new convertible notes.
During the second quarter of 2022, the Company did not issue any shares of its common stock through its at-the-market ("ATM") offering program.
Conference Call Details
A conference call for investors will be held today, August 4, 2022, at 11:00 a.m. Central Time (12:00 p.m. Eastern Time) to discuss the Company's second quarter 2022 results.
The call can be accessed live over the telephone by dialing (855) 239-3115 or for international callers, (412) 542-4125. A replay will be available shortly after the call and can be accessed by dialing (877) 344-7529 or for international callers, (412) 317-0088. The passcode for the replay is 8212928. The replay will be available until August 11, 2022.
Interested parties may also listen to a simultaneous webcast of the conference call by logging onto the Company's website at www.icdrilling.com in the Investor Relations section. A replay of the webcast will also be available for approximately 30 days following the call.
Certain Defined Terms
Pad-Optimal, Super-Spec Rig is defined as an AC powered rig with minimum 20,000ft racking capacity, 1500HP+ drawworks, 750,000lb hookload, three high pressure pumps, four engines and omni-directional walking system. Such rigs also include dual fuel, hi-line power and drilling optimization software options.
300 Series Rigs are defined as a Pad-Optimal, Super-Spec rig with the following additional characteristics: 25,000ft+ racking capacity capable, and hi-torque top drive capable.
About Independence Contract Drilling, Inc.
Independence Contract Drilling provides land-based contract drilling services for oil and natural gas producers in the United States. The Company constructs, owns and operates a fleet of pad-optimal ShaleDriller rigs that are specifically engineered and designed to accelerate its clients' production profiles and cash flows from their most technically demanding and economically impactful oil and gas properties. For more information, visit www.icdrilling.com.
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of the federal securities laws. Words such as "anticipated," "estimated," "expected," "planned," "scheduled," "targeted," "believes," "intends," "objectives," "projects," "strategies" and similar expressions are used to identify such forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relating to Independence Contract Drilling's operations are based on a number of expectations or assumptions which have been used to develop such information and statements but which may prove to be incorrect. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict, and there can be no assurance that actual outcomes and results will not differ materially from those expected by management of Independence Contract Drilling. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the Company's Annual Report on Form 10-K, filed with the SEC and the information included in subsequent amendments and other filings. These forward-looking statements are based on and include the Company's expectations as of the date hereof. Independence Contract Drilling does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or which Independence Contract Drilling becomes aware of, after the date hereof.
The following table provides various financial and operational data for the Company's operations for the three months ended June 30, 2022 and 2021 and March 31, 2022 and the six months ended June 30, 2022 and 2021. This information contains non-GAAP financial measures of the Company's operating performance. The Company believes this non-GAAP information is useful because it provides a means to evaluate the operating performance of the Company on an ongoing basis using criteria that are used by the Company's management. Additionally, it highlights operating trends and aids analytical comparisons. However, this information has limitations and should not be used as an alternative to operating income (loss) or cash flow performance measures determined in accordance with GAAP, as this information excludes certain costs that may affect the Company's operating performance in future periods.
Non-GAAP Financial Measures
Adjusted net debt, adjusted net (loss) income, EBITDA and adjusted EBITDA are supplemental non-GAAP financial measures that are used by management and external users of the Company's financial statements, such as industry analysts, investors, lenders and rating agencies. In addition, adjusted EBITDA is consistent with how EBITDA is calculated under the Company's credit facility for purposes of determining the Company's compliance with various financial covenants. The Company defines "adjusted net debt" as long-term notes less cash. The Company defines "adjusted net (loss) income" as net (loss) income before: asset impairment, net; gain or loss on disposition of assets, net; amortization of debt discount; amortization of issuance costs; gain or loss on extinguishment of debt; change in fair value of embedded derivative liability, gain on extinguishment of derivative and other adjustments. The Company defines "EBITDA" as earnings (or loss) before interest, taxes, depreciation and amortization, and asset impairment, net and the Company defines "adjusted EBITDA" as EBITDA before stock-based compensation, gain or loss on disposition of assets, gain or loss on extinguishment of debt, gain on extinguishment of derivative and other non-recurring items added back to, or subtracted from, net income for purposes of calculating EBITDA under the Company's credit facilities. Neither adjusted net (loss) income, EBITDA or adjusted EBITDA is a measure of net income as determined by U.S. generally accepted accounting principles ("GAAP").
Management believes adjusted net debt, adjusted net (loss) income, EBITDA and adjusted EBITDA are useful because they allow the Company's stockholders to more effectively evaluate the Company's operating performance and compliance with various financial covenants under the Company's credit facility and compare the results of the Company's operations from period to period and against the Company's peers without regard to the Company's financing methods or capital structure or non-recurring, non-cash transactions. The Company excludes the items listed above from net income (loss) in calculating adjusted net (loss) income, EBITDA and adjusted EBITDA because these amounts can vary substantially from company to company within the Company's industry depending upon accounting methods and book values of assets, capital structures and the method by which the assets were acquired. None of adjusted net (loss) income, EBITDA or adjusted EBITDA should be considered an alternative to, or more meaningful than, net income (loss), the most closely comparable financial measure calculated in accordance with GAAP, or as an indicator of the Company's operating performance or liquidity. Certain items excluded from adjusted net (loss) income, EBITDA and adjusted EBITDA are significant components in understanding and assessing a company's financial performance, such as a company's return on assets, cost of capital and tax structure. The Company's presentation of adjusted net debt, adjusted net (loss) income, EBITDA and adjusted EBITDA should not be construed as an inference that the Company's results will be unaffected by unusual or non-recurring items. The Company's computations of adjusted net debt, adjusted net (loss) income, EBITDA and adjusted EBITDA may not be comparable to other similarly titled measures of other companies.
INVESTOR CONTACTS:
Independence Contract Drilling, Inc.
E-mail inquiries to: Investor.relations@icdrilling.com
Phone inquiries: (281) 598-1211
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SOURCE Independence Contract Drilling, Inc. | https://www.kxii.com/prnewswire/2022/08/04/independence-contract-drilling-inc-reports-unaudited-financial-results-second-quarter-ended-june-30-2022-announces-initiation-200-series-to-300-series-conversion-program-increase-marketed-rigs-24-26/ | 2022-08-04T11:06:41Z |
Solar-powered patio umbrellas sold exclusively at Costco have been recalled in the United States and Canada after some umbrellas caught fire, authorities said.
The US Consumer Product Safety Commission (CPSC) in a news release urged customers to “immediately stop using” the SunVilla 10 foot Solar LED Market Umbrella.
The umbrellas were produced by California-based SunVilla Corp., the news release says. They feature LED lights on the inside arms and a solar panel with a black cover at the top of the umbrella.
“The lithium-ion batteries in the umbrella’s solar panels can overheat, posing fire and burn hazards,” the CPSC said.
The umbrellas were sold at Costco warehouses and online for between $130 and $160 from December 2020 through May 2022, the CPSC said.
In the United States there were “three reports of solar panels catching fire while charging via the AC adapter indoors and two reports of umbrellas catching fire when the solar panel puck overheated and caught fire while attached to the umbrella and one smoke inhalation injury,” the CPSC said.
Around 400,000 of the umbrellas were sold in the United States and around 33,000 in Canada, says the CPSC. The umbrellas were recalled jointly by the CPSC, Health Canada, SunVilla and Costco.
Customers should stop using the umbrellas and remove the solar panel puck (the piece that contains the lithium-ion battery), store it out of the sun and away from combustible material, and not charge the puck with its AC adapter, the CPSC says. The umbrellas can be returned to any Costco Warehouse for a full refund.
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accounts, the history behind an article. | https://www.albanyherald.com/news/business/solar-patio-umbrellas-sold-at-costco-recalled-after-multiple-fires/article_e1696b85-a0d8-56c4-ab71-6e3f62a8648d.html | 2022-06-25T21:39:05Z |
MADISON, Wis., Sept. 1, 2022 /PRNewswire/ -- The US education system is enduring a teacher shortage crisis. Post-pandemic burnout, comparatively low pay, and difficulty managing the educational and emotional needs of students are some reasons teachers are leaving the profession.
The teacher shortage is forcing full-time teachers to surrender prep time to cover classes, and principals are being pulled from their responsibilities to teach. However, pooling existing resources doesn't even scratch the surface. Many states are granting emergency substitute teaching licenses to fill the void. One school district in Illinois employs 100 daily substitute teachers in a school system of 450 full-time teachers.
One of the unsung heroes within a school are the substitute coordinators. They are responsible for providing incoming subs with the information and tools they need. With 1:1 device programs as the new norm, substitute teachers are often required to use a tablet or laptop for student communication and to access lesson plans. Managing this technology has placed an additional burden on sub coordinators and IT teams alike. Due to the influx of daily subs, sub coordinators are under stress when checking in teachers for the day, and substitute teachers are frazzled before they even step foot in a classroom.
One innovative way schools are improving conditions is by using a smart locker to automate the substitute teacher check in/check out processes. Here's how it works: a FUYL TowerTM Smart Locker, powered by LocknCharge Cloud, stores fully-charged devices and other teaching materials in individually-lockable bays. The substitute teacher is assigned a bay and a PIN number, allowing them to quickly access items inside without assistance.
Because sub coordinators start early in the morning and are typically gone before the end of the school day, a smart locker provides a secure location for teachers to return and charge devices without oversight.
This approach also benefits IT teams who spend less time locating and replacing missing devices. Tower activity is logged in the LocknCharge Cloud portal to show when and by who a bay was accessed.
With droves of new full-time teachers entering the district mid-year, smart lockers are also being used to automate new teacher onboarding. The result is a reduction in stress and less wasted time throughout the school system.
To learn more, contact LocknCharge – the experts in device management solutions for schools.
Media contact: Allie Boycks, allie.b@lockncharge.com
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SOURCE LocknCharge | https://www.mysuncoast.com/prnewswire/2022/09/01/schools-survival-mode-find-staffing-relief-through-automation/ | 2022-09-01T16:27:31Z |
- Record quarterly participant engagements of 38,000, up 27% year-over-year
- Q1 2022 revenue of $2.9 million, up 9.5% year-over-year
- Outstanding 24-month outcomes of Behavioral Economic Medical Trial with Fortune 50 Financial Services Client
- Q1 2022 conference call scheduled for May 18, 2022 at 5 PM ET
TORONTO, May 18, 2022 /PRNewswire/ - Newtopia Inc. ("Newtopia" or the "Company") (TSXV: NEWU) (OTCQB: NEWUF), a tech-enabled habit change provider focused on preventing, slowing and reversing chronic disease, today announced its first quarter 2022 financial results and operational highlights. These results pertain to the three months ended March 31, 2022 and are expressed in Canadian dollars, unless otherwise noted.
First Quarter 2022 Financial Highlights (vs. Q1 2021):
- Revenue of $2.9 million, as compared to $2.6 million.
- Gross profit margin1 of 47%, as compared to 50%. Decline in gross margin resulting from the increase in Welcome Kits sold during the quarter which carry a lower margin.
"Newtopia had a strong start to 2022, with revenue of $2.9 million, up 9.5% from the prior-year period and up 19.3% sequentially," said Jeff Ruby, Founder and CEO of Newtopia. "In addition, we saw strong momentum in our participant engagement, with the total number of engagements reaching an all-time high of 38,000, a new company record. Importantly, with churn rates remaining low and customer stickiness high, we are delivering some of the best engagement levels in our history."
Mr. Ruby continued, "Just post the first quarter, we successfully closed on a $3.5 million private placement, strengthening our balance sheet and providing us with the working capital to continue to promote our long-term growth plan. We also recently received the green light to expand our partnership with one of our long-standing Fortune 50 financial services clients into their employee base in Florida. This expansion follows the successful delivery of outcomes from a 24-month novel behavioral economic trial, all of which remarkably took place during the pandemic. I am very proud of our team's accomplishments this past quarter and remain confident that our business is very well positioned to achieve full year revenue growth in 2022."
First Quarter 2022 Financial Results
Revenue for the three months ended March 31, 2022 was $2.9 million, as compared to $2.6 million in the prior-year period. This increase in revenue was largely the result of strong enrollment and engagement numbers during the quarter. Engagement fee revenue totaled $2.5 million for the first quarter, up from $2.0 million in the prior-year period.
Gross profit for the first quarter 2022 totaled $1.3 million, relatively consistent with the prior-year period. Gross profit is comprised of Newtopia's revenue less direct expenses, which include the cost of Welcome Kits sold to new participants as well as labor costs associated with hiring and training of the Company's coaching team of Inspirators. As a percentage of revenue, gross profit totaled 47%, compared to 50% in the prior-year period. Please note, that Welcome Kits carry lower margins, so as participant enrollment increases, margins tend to decline. Nevertheless, as Welcome Kit sales translate into recurring engagement fee revenue, gross margins improve over time.
Adjusted operating expenses2 for the three months ended March 31, 2022 totaled $2.6 million, compared to $2.9 million in the prior-year period. This decline in adjusted operating expenses is the result of a reduction in headcount and compensation costs tied to an expense right-sizing effort initiated by the Company in the fourth quarter of 2021.
For the quarter, the Company had an adjusted operating loss3 of $1.2 million, or a loss of $0.02 per diluted share, compared to an adjusted operating loss of $1.6 million, also a loss of $0.02 per diluted share, in the prior-year period.
The Company ended the first quarter 2022 with $1.05 million in cash and an outstanding loan balance of $3.8 million against its $7.5 million credit facility. Post-quarter end, the Company successfully closed on a brokered private placement facility offering of 16,950,000 units at a price of $0.20 per Unit, for aggregate proceeds of $3,390,000. The Company also currently completed a non-brokered private placement of 550,000 units for aggregate gross proceeds of $110,000.
2022 Outlook
The Company continues to anticipate achieving full year revenue growth for 2022 over 2021. Revenue growth will be more heavily weighted towards the second half of the year as Newtopia rolls out new customer phases onto its platform in the third and fourth quarters, including the recent expansion in Florida with a Fortune 50 financial services client.
Newtopia continues to expect approximately $0.5 million in capex for 2022. A significant portion of this capital expenditure will be directly related to the launch of a new version of the Newtopia platform on the Company's own architecture in the second half of this year. Once the migration to this new platform is complete, an annual licensing cost associated with the existing CRM platform of approximately $450,000 per year will be eliminated. Newtopia also anticipates that the Company will see improved gross profit margins over time after the launch of its new platform. These expenditures will be capitalized and amortized over their lifetime. Newtopia takes a measured approach to adding expenses in support of growth, and, as such, with the anticipated top line growth, the Company continues to strive to be cash flow positive from operations as it exits 2022.
Grants of Stock Options
Newtopia further announced today that its Board of Directors has approved the grant of 1,140,000 stock options to certain tenured employees and newly hired employees. The options issued to newly hired employees will expire five years from the date such employees complete their probationary period, and the exercise price will be based on the closing price of Newtopia's common shares on the trading day prior to the day these employees complete their probationary period. The options granted to tenured employees will be at an exercise price of CAD$0.235 per common share and will expire five years from the grant date.
Conference Call
The Company will host a conference call today at 5:00 p.m. Eastern Time to discuss the first quarter 2022 results in further detail. To access the conference call, please dial (877) 407-3982 (U.S.) or (201) 493-6780 (International) ten minutes prior to the start time and reference Conference ID number 13729573. The call will also be available via live webcast on the investor relations portion of the Company's website located at investor.newtopia.com.
A replay of the conference call will be available through Wednesday, June 1, 2022 which can be accessed by dialing (844) 512-2921 (U.S.) or (412) 317-6671 (International) and entering the passcode 13729573. The webcast will also be archived on the Company's website.
Newtopia is a tech-enabled habit change provider focused on disease prevention and reducing the cost of care for health insurers. As a provider of whole person care, we prevent, reverse and slow the progression of chronic disease while enriching mental health, resilience and overall human performance. Newtopia's programs leverage genetic, social and behavioral insights to create individualized prevention programs with a focus on type 2 diabetes, heart disease, stroke and weight. With a person-centered approach that combines virtual care, digital tools, connected devices and actionable data science, Newtopia delivers sustainable clinical and financial outcomes. Newtopia serves some of the largest nationwide employers and health plans and is currently listed on the Toronto Stock Exchange and quoted on the OTC Venture Market in the U.S. (TSXV: NEWU) (OTCQB: NEWUF). To learn more, visit newtopia.com, LinkedIn or Twitter.
Forward Looking Information
This press release contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, and forward looking statements, within the meaning of applicable United States securities legislation (collectively, "forward-looking statements"), which reflects management's expectations regarding Newtopia's future growth, results from operations (including, without limitation, future production and capital expenditures), performance (both operational and financial) and business prospects and opportunities. Wherever possible, words such as "predicts", "projects", "targets", "plans", "expects", "does not expect", "budget", "scheduled", "estimates", "forecasts", "anticipate" or "does not anticipate", "believe", "intend" and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative or grammatical variation or other variations thereof, or comparable terminology have been used to identify forward-looking statements. All statements other than statements of historical fact may be forward-looking information. Such statements reflect Newtopia's current views and intentions with respect to future events, based on information available to Newtopia, and are subject to certain risks, uncertainties and assumptions, including without limitation, the Company's successful completion of its strategic technology projects (including on budget), continued and sustained high levels of client engagement and low client churn, the expansion of client relationships, the rollout of new clients, the conversion of pilot projects into full blown rollouts, the Company's ability to continue to grow its sales pipeline, and current financial trends remaining at or above the current levels in respect of revenue, gross profit, gross margin percentage and adjusted operating expenses. Material factors or assumptions were applied in providing forward-looking information. While forward-looking statements are based on data, assumptions and analyses that Newtopia believes are reasonable under the circumstances, whether actual results, performance or developments will meet Newtopia's expectations and predictions depends on a number of risks and uncertainties that could cause the actual results, performance and financial condition of Newtopia to differ materially from its expectations.
Certain of the "risk factors" that could cause actual results to differ materially from Newtopia's forward-looking statements in this press release include, without limitation: the termination of contracts by clients, risks related to COVID-19 including various recommendations, orders and measures of governmental authorities to try to limit the pandemic, including travel restrictions, border closures, non-essential business closures, quarantines, self-isolations, shelters-in-place and social distancing, disruptions to markets, economic activity, financing, supply chains and sales channels, and a deterioration of general economic conditions including a possible national or global recession; and other general economic, market and business conditions and factors, including the risk factors discussed or referred to in Newtopia's disclosure documents, filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.
Should any factor affect Newtopia in an unexpected manner or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, Newtopia does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release, and Newtopia undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.
Non-GAAP Financial Measures
The Company's financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). Management uses certain non-GAAP measures, which are defined in the appropriate sections of this press release, to better assess the Company's underlying performance. These measures are reviewed regularly by management and the Company's Board of Directors in assessing the Company's performance and in making decisions about ongoing operations. In addition, we use certain non-GAAP measures to determine the components of management compensation. We believe that these measures are also used by investors as an indicator of the Company's operating performance. Readers are cautioned that these terms are not recognized GAAP measures and do not have a standardized GAAP meaning under IFRS and should not be construed as alternatives to IFRS terms, such as net income.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Key Financial Measures and Schedule of Non-GAAP Reconciliations
Reconciliation of Total Operating Expenses to Adjusted Operating Expenses [2]
Adjusted Operating Loss [3]
NEWTOPIA INC.
Condensed Interim Statements of Financial Position (Unaudited)
As at March 31, 2022 and December 31, 2021
(Expressed in Canadian Dollars)
NEWTOPIA INC.
Condensed Interim Statements of Loss and Comprehensive Loss (Unaudited)
Three Months Ended March 31, 2022 and 2021
(Expressed in Canadian Dollars)
NEWTOPIA INC.
Condensed Interim Statements of Changes in Equity (Unaudited)
Three Months Ended March 31, 2022 and 2021
(Expressed in Canadian Dollars)
NEWTOPIA INC.
Condensed Interim Statements of Cash Flows
Three Months Ended March 31, 2022 and 2021
(Expressed in Canadian Dollars)
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SOURCE Newtopia Inc. | https://www.wibw.com/prnewswire/2022/05/18/newtopia-reports-first-quarter-2022-financial-results/ | 2022-05-18T21:49:40Z |
DURHAM, N.C., Aug. 2, 2022 /PRNewswire/ -- Business consulting leader Clarkston Consulting announced today the promotions of Cara Ridenhour and Sean Burke to Partner, and Caitlin Pardo and David Patterson to Associate Partner. In their new roles, they will continue to serve Clarkston clients in the life sciences, consumer products, and retail industries while continually driving the growth and development of the firm and its stewards.
"As the firm continues to grow, our leadership must reflect the needs of the market. We depend on leaders who we can rely on to deliver brilliant client service in the face of an ever-changing and disruptive environment. These individuals have, and will continue, to drive differentiated value and performance for our clients, our firm, and our stewards," said Clarkston Consulting CEO and Founder Tom Finegan.
Cara Ridenhour, Partner
Ridenhour has been promoted to partner, where she will continue to deliver projects for clients in the life sciences, consumer products, and retail industries. Ridenhour has served as a strategic partner for many of the firm's long-standing client relationships where she specializes in the implementation and optimization of complex, global programs and systems. She has also driven internal development and support for stewards through her leadership over the Women's Empowerment Network (WEN+). Ridenhour is based in St. James, Missouri.
Sean Burke, Partner
Burke has been promoted to partner and will continue to leverage his extensive experience in the retail industry to support Clarkston's clients in the face of overwhelming disruption and market transformation. Retail clients seek Burke's partnership and guidance to optimize performance and growth while meeting the evolving challenges and opportunities of the digital age. Burke is a recognized thought leader within the retail industry and internally within Clarkston, where he serves as the retail industry lead with Jenny McLean. Burke is based in Dallas, Texas.
Caitlin Pardo, Associate Partner
Pardo has been promoted to associate partner, where she will serve a dual role leading Clarkston's sales enablement and client growth function and supporting Clarkston's life sciences, consumer products, and retail clients in the northeast. Pardo has been instrumental in driving the firm's greatest expansion of new clients, where she's assisted clients in developing and designing initiatives to overcome the competitive challenges facing their business. She has extensive consulting experience supporting clients in identifying and managing complex strategic and operational technology initiatives. Pardo is based in Boston, Massachusetts.
David Patterson, Associate Partner
Patterson has been promoted to associate partner, where he will continue to serve clients in the consumer products, retail, and life sciences industries while operating as a leader in Clarkston's Atlanta office. Patterson has deep experience and expertise assisting clients in the areas of program management, organizational change management, technology implementation, and IT strategy. Internally, Patterson has served a number of roles, including his leadership of Clarkston's Quality and Compliance Community. Patterson is based in Atlanta, Georgia.
"As our clients continue to evolve and navigate our new era of business, leaders like Cara, Sean, Caitlin, and David have the experience and expertise to help create true value and sustainable growth. Just as our clients value their guidance and partnership, the firm and its stewards are better positioned to meet the opportunities and challenges ahead with their leadership," said Clarkston President Paul Garrison.
About Clarkston Consulting
Businesses across the life sciences, consumer products, and retail industries partner with Clarkston Consulting to enhance strategic decision-making, improve operational efficiency, implement new technologies, and promote business growth and market diversification. Leveraging deep functional and industry expertise, our people discover, design, and deliver solutions that fit your business, your goals, and your future. At Clarkston Consulting, your purpose is our purpose. www.clarkstonconsulting.com
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SOURCE Clarkston Consulting | https://www.kxii.com/prnewswire/2022/08/02/clarkston-consulting-announces-new-partner-leadership/ | 2022-08-02T14:51:13Z |
And a Special New Summer Update for My Talking Angela 2
LONDON, July 8, 2022 /PRNewswire/ -- Outfit7 today announced the release of its brand new song and music video, true friendship and supports the company's big summer update for the My Talking Angela 2 mobile game.
"Shine Together". Starring its superstar character, Talking Angela, the anthem is a celebration of "My Talking Angela 2 was the most downloaded game worldwide when it was launched in summer 2021 and it's one of our most successful game launches to date," said Helder Lopes, Head of R&D and VP of Design and Animation at Outfit7. "To celebrate its first anniversary, we wanted to treat our players to something extra special. The game update and the music video give them all-new ways to connect with Angela and express their own special talents."
With catchy lyrics and compelling dance moves, "Shine Together" captures the BFF spirit fans have come to know and love in My Talking Angela 2. The music video's dynamic 3D animated visuals open up the world of the game like never before, inviting players to dance and sing along with their new best friend.
The new game update builds on the summer fun, offering seasonal outfits, decorations, and stickers – plus the exciting debut of the Talent Show activity. Players can help Angela perform and if the adorable panel of pet judges like what they see, there are exclusive rewards to unlock. They're also encouraged to unleash their creativity and earn rewards in the glittery new jewelry-making activity.
To let your talents shine with Talking Angela this summer, you can watch the music video on YouTube and get the new My Talking Angela 2 update.
ABOUT OUTFIT7: Outfit7 Limited is a dynamic force in mobile gaming, reaching a global audience of billions with its award-winning games. Powered by creativity and industry-leading expertise, the company's talented international team of over 350 people pushes the boundaries of the possible every day. Outfit7's 20+ games have now been downloaded worldwide over 18 billion times and up to 470 million fans play with them every month. Its portfolio also includes numerous chart-topping animated series, theme parks, and a licensing program. You can find more information at www.outfit7.com.
Photo - https://mma.prnewswire.com/media/1855804/Outfit7.jpg
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SOURCE Outfit7 | https://www.wibw.com/prnewswire/2022/07/08/outfit7-drops-brand-new-talking-angela-music-video/ | 2022-07-08T14:48:30Z |
The mother of 5-year-old Elijah Lewis, who was found dead in Massachusetts last year, has been indicted on charges that include first-degree murder, court records show.
Danielle Dauphinais, 35, was indicted in Hillsborough County Superior Court, Southern District of New Hampshire, on "one count of first-degree murder for purposely causing the death of Elijah Lewis; one count of second-degree murder for causing the death of Elijah Lewis recklessly with extreme indifference to the value of human life; and three counts of tampering with witnesses," according to a statement from the New Hampshire Attorney General's Office.
In October 2021, Elijah's disappearance was reported to authorities by New Hampshire's Division for Children, Youth and Families (DCYF). Though he hadn't been seen for six months, he wasn't reported missing, officials said at the time.
According to the indictment, a grand jury found that "Danielle Dauphinais did recklessly cause the death of Elijah Lewis, under circumstances manifesting an extreme indifference to the value of human life," adding that she "manifested exceptional cruelty or depravity in inflicting death on Elijah Lewis." The indictment alleges that the murder occurred sometime between September 27, 2020, and September 24, 2021.
In the three witness tampering charges, the indictment alleges that Dauphinais attempted to induce multiple people "with force and arms" from giving accurate information about Elijah to child protective services.
CNN reached out to the attorney for Dauphinais but did not immediately hear back.
In October, Dauphinais and her boyfriend were arrested on charges of child endangerment and witness tampering. Both pleaded not guilty.
Dauphinais remains in custody without bail, according to the AG's office.
An arraignment will be held in Hillsborough County Superior Court, but no date has been set, a court communications officer told CNN. The next proceeding, which was previously scheduled, is set for June 28.
These 10 stars are among the top athletes who have pledged to posthumously donate their brains for CTE and concussion research, according to HealthMatch. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/mother-indicted-in-death-of-5-year-old-son-elijah-lewis/article_0d2d59f6-05f4-562f-aac2-5c879b8024ec.html | 2022-04-19T19:44:35Z |
WASHINGTON (AP) — The Senate confirmed economist Lisa Cook on Tuesday to serve on the Federal Reserve’s board of governors, making her the first Black woman to do so in the institution’s 108-year history.
Her approval was on a narrow, party-line vote of 51-50, with Vice President Kamala Harris casting the decisive vote.
Senate Republicans argued that she is unqualified for the position, saying she doesn’t have sufficient experience with interest rate policy. They also saidher testimony before the Senate Banking Committee suggested she wasn’t sufficiently committed to fighting inflation, which is running at four-decade highs.
Cook has a doctorate in economics from the University of California, Berkeley, and has been a professor of economics and international relations at Michigan State since 2005. She was also a staff economist on the White House Council of Economic Advisers from 2011 to 2012 and was an adviser to President Joe Biden’s transition team on the Fed and bank regulatory policy.
Some of her most well-known research has focused on the impact of lynchings and racial violence on African-American innovation.
Cook is only the second of Biden’s five nominees for the Fed to win Senate confirmation. His Fed choices have faced an unusual level of partisan opposition, given the Fed’s history as an independent agency that seeks to remain above politics.
Some critics charge, however, that the Fed has contributed to the increased scrutiny by addressing a broader range of issues in recent years, such as the role of climate change on financial stability and racial disparities in employment.
Biden called on the Senate early Tuesday to approve his nominees as the Fed seeks to combat inflation.
“I will never interfere with the Fed,” Biden said. “The Fed should do its job and will do its job, I’m convinced.”
Fed Chair Jerome Powell is currently serving in a temporary capacity after his term ended in February. He was approved by the Senate Banking Committee by a nearly unanimous vote in March.
Fed governor Lael Brainard was confirmed two weeks ago for the Fed’s influential vice chair position by a 52-43 vote.
Philip Jefferson, a economics professor and dean at Davidson College in North Carolina, has also been nominated by Biden for a governor slot and was approved unanimously by the Finance Committee. He would be the fourth Black man to serve on the Fed’s board.
Biden has also nominated Michael Barr, a former Treasury Department official, to be Fed’s top banking regulator, after a previous choice, Sarah Bloom Raskin, faced opposition from West Virginia Democratic Sen. Joe Manchin.
Cook, Jefferson, and Barr would join Brainard as Democratic appointees to the Fed. Yet most economists expect the Fed will continue on its path of steep rate hikes this year. | https://cw33.com/business/ap-business/senate-approves-lisa-cook-as-first-black-woman-to-fed-post/ | 2022-05-11T15:35:18Z |
PITTSBURGH, Sept. 9, 2022 /PRNewswire/ -- The United Steelworkers (USW) today said that the union has reached tentative agreement on a new, four-year contract on behalf of roughly 2,000 members of four local unions at Cleveland-Cliffs' mines in Minnesota and Michigan.
USW District 11 Director Emil Ramirez, who chaired the negotiations, thanked union members for working throughout the pandemic and standing together in solidarity for a fair contract.
"Mining and processing iron ore is the first step in making steel, and these essential workers have earned and deserve a fair contract," Ramirez said. "The proposed agreement provides important economic and contract language improvements that will improve working conditions along with the standard of living for USW members and their families."
The tentative agreement improves current wages, bolsters existing health insurance provisions for workers and retirees without increasing costs and includes a commitment for Cliffs to reinvest in the USW represented facilities over its term.
"Steelworkers will be safer at work and their jobs and benefits more secure under the tentative agreement," Ramirez said. "Cliffs has committed to a plan to invest in its USW facilities that will enable future generations of USW members to support their families and sustain their communities."
"Our members have faced challenges in the past and know what it takes to lead the industry through its up and down cycles," Ramirez said. "We will face the challenges ahead with confidence knowing our plants run best when management and our union work together to solve problems for the benefit of everyone."
The USW (on the web at http://www.usw.org) represents 850,000 men and women employed in manufacturing, metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in tech, public sector and service occupations.
Contact: Tony Montana – (412) 562-2592 or tmontana@usw.org
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SOURCE United Steelworkers (USW) | https://www.mysuncoast.com/prnewswire/2022/09/09/steelworkers-reach-tentative-agreement-four-year-contract-cleveland-cliffs-mines/ | 2022-09-09T18:35:51Z |
Recently, the President of the United States spoke for half an hour in prime time to address a problem that no president in history ever had to deal with: a threat to democracy … from within. Specifically, the extremist MAGA Republicans. (I can see your face turning red from here, Lindsey “Riots in the Streets” Graham.) As far as I know, it was the first time No. 46 specifically mentioned No. 45 by name since taking over the Oval Office. I doubt No. 45’s face turned red, though. Then again, it’s not always easy to distinguish red from orange.
Biden’s oration was desperately needed to wake up our country. Long overdue, IMHO, but he got his point across. I have my fingers crossed that it will do some good, but I’m not holding my breath. One thing I’ve learned these past six years is that some minds are just not going to change, regardless of the facts.
Anyway, I thought I’d lend No. 46 a hand. I’ll address a few of those extremists to whom Biden referred. Although he didn’t mention them by name, I will. I doubt it will make the right impression on those dead-set in their beliefs, but I’ll try anyway. I thought if I pointed out the error of their ways, so to speak, then maybe, just maybe, some of it might sink in. But like I said, I’m not holding my breath.
♦ I would watch a Raphael Warnock-Herschel Walker debate, even if it was on pay-per-view. If you have to ask why, don’t bother telling me who you’re voting for, I already know.
♦ For a state so adamant about the right to bear arms, it’s ironic that Uvalde police officers, standing in the hallway of Robb Elementary School brandishing rifles and bulletproof shields, simply stood around with their trigger fingers up their behinds when they had every reason in the world to open fire.
♦ No, I haven’t forgotten about Texas Governor Greg Abbott, who waited almost three months after the Uvalde tragedy before meeting with the victims’ families. This is the same man who once implored Texans to buy more guns because their state was lagging behind California in sales. And that’s just the tip of the Abbott Iceberg.
♦ How is Florida representative Matt Gaetz not behind bars by now? The man was one step away from being incarcerated for underage sex trafficking not that long ago. Yet somehow this human oil slick remains on the loose. Young women everywhere need to watch their backs — as well as all the other parts of their bodies.
♦ It’s difficult keeping track of how many “politically motivated witch hunts” — according to the defense strategy of the lawyers of No. 45 — are underway. It could be enough to cause a national shortage of ketchup. Best to stock up on Heinz while you still can.
♦ Speaking of America’s favorite condiment, here’s the first paragraph of America’s favorite redacted affidavit:
♦ Among Arizona Rep. Paul Gosar’s credentials: His tweet of an altered anime video portraying himself as an animal killing AOC, calling the Uvalde shooter a “transsexual leftist illegal alien,” and claiming insurrectionist Ashli Babbitt was “executed.” Quite the resume. He’s up for re-election in November, so he can be stopped. Voters take note: Gosar’s very own brother has publicly apologized for him on behalf of the sane members of his family, even going so far as to call him a traitor to this country.
♦ Riddle me this, Batman: If those documents were planted by the FBI, why did No. 45 say he wanted them back? Or did he call them declassified? His rhetoric on the matter is a verbal game of whack-a-mole.
♦ As for No. 45’s lawyer saying classified documents were like overdue library books: (a) overdue library books never got anyone killed, and (b) that’s not a very good analogy to use for a man who has never stepped foot inside of a library.
♦ The GOP refers to the attack on the Capitol as ordinary citizens engaged in legitimate political discourse. Yeah, and World War II was a minor disagreement amongst friends.
♦ Does Florida Governor Ron ‘Mini-Me’ DeSantis seriously believe anyone seeing him wearing a bomber jacket would make them think of Tom Cruise? The man is out of his mind, and I’m not only referring to his Top Gun impression. Florida needs to be DeSantistized. Fast.
♦ It doesn’t constitute a raid if a subpoena was served and there was notification as to when and where a search warrant would be executed — no matter what No. 45 says.
♦ First, there were threats of violence and death threats to poll workers and election officials. Then there were threats of violence and death threats to the FBI and other law enforcement agencies. Respectively, they are the direct result of the former president of law and order claiming a rigged election (false) and a raid on his residence (also false). As far as threats are concerned, facts — apparently — aren’t important.
♦ Over in Bizarro World, Georgia representative Marjorie Taylor Greene is known for her unique vocabulary. “Gazpacho police.” “Commander and chief.” “Peach tree dish.” (Bless her heart). Meanwhile, here on earth, we say Gestapo, commander-in-chief, and petri dish, respectively. Like her soulmate in Arizona, she’s up for re-election in November. She can be stopped as well.
♦ Four hundred and forty. That’s how many times No. 45 invoked the fifth amendment. Doesn’t that tell you something?
♦ Possible reasons for No. 45 pleading the fifth 440 times? Voter fraud. Witness tampering. Insurrection. Espionage. Bribes. Blackmail. Treason. Extortion. Tax fraud. Obstruction of justice. Nepotism. Hush money. Veiled threats. Have I missed any? (Probably.)
♦ ♦ ♦
I realize this narrative isn’t the most politically correct, but one thing I’ve learned these past six years is that political correctness is no longer a concern for some people. At this point in time, it seems that nothing is off-limits — and everything is fair game.
For example, MAGA Republicans have referred to Biden’s speech as Satanic and shameful, some even comparing it to the rhetoric of Hitler and the Nazi party. That is, quite literally, about as far away from being politically correct as it gets.
The bottom line is this: If the MAGA Republicans were as upset about the raid on the Capitol as they are about the raid at Mar-A-Lago, we wouldn’t be where we are at the moment: on the precipice of losing our democracy.
And standing on the doorstep of insanity.
We’ll know when we’ve stepped through the front door when we see a man wearing a jumpsuit the color of his skin campaigning for the highest office in the land.
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Scott Ludwig is a retired businessman, a published author and a runner. His columns appear in The Albany Herald on Fridays.
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accounts, the history behind an article. | https://www.albanyherald.com/local/scott-ludwig-biden-my-time/article_0b406d4e-2f80-11ed-a497-c78c94fe8173.html | 2022-09-08T23:00:08Z |
ASHEVILLE, N.C., Aug. 1, 2022 /PRNewswire/ -- CooperRiis, a residential mental health treatment and healing community in Western North Carolina is pleased to welcome people with autism/neurodiversity to its Farm campus. This enhanced programming will specifically serve people who have mental health challenges that are considered the primary diagnosis and who are on the Autism Spectrum. This programming and these services are designed to fold into the mission of CooperRiis which is to improve the lives of individuals struggling with mental illness by helping them work towards achieving their highest level of functioning and fulfillment.
CooperRiis' CEO & President, Dr. Eric A. Levine believes that the CooperRiis model is optimally designed to serve people with neurodiversity and mental health challenges. With his specialized background and 30+ years of experience as a special educator, program developer and consultant, he served a wide range of children and adults with multiple disabilities, including autism. CooperRiis' clinical team is guided by Dr. Levine's expertise in enhancing their services to meet the needs of people with neurodiversity to better prepare them for independence.
"I'm a believer in programs that maintain possibility and hope as core values while also stretching to serve a broader spectrum of people. CooperRiis is a place where people come to heal and learn new skills to help them better manage the challenges they are experiencing to return to their lives. Serving people with neurodiversity within this mission is a natural addition to our program model."
Dr. Eric A. Levine earned a doctorate in Education Leadership (Ed.D.), an Ed.S. in Career Transition and Assessment, a master's degree in Special Education from George Washington University, and a B.A. in Psychology from the University of Maryland.
About CooperRiis Healing Community: Founded by Donald R. Cooper and Lisbeth Riis Cooper, CooperRiis is a non-profit, CARF accredited residential healing community in Western North Carolina, with a full continuum offering four levels of care. Since 2003, CooperRiis has been helping adults living with mental health challenges including anxiety, major depression, PTSD, bipolar disorder, schizophrenia, personality disorders, dual diagnosis, and now autism/neurodiversity achieve their highest levels of functioning and fulfillment. A personalized recovery approach combines clinical therapies, community work & service, education, and integrative wellness practices.
Visit http://www.cooperriis.org or call 828.899-4673 for more about CooperRiis Healing Community and its approach to mental health treatment.
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SOURCE CooperRiis A Healing Farm Community | https://www.wibw.com/prnewswire/2022/08/01/cooperriis-launches-autismneurodiversity-specialization/ | 2022-08-01T14:48:31Z |
Woman suffers serious injuries in crash Thursday afternoon southeast of Topeka
TOPEKA, Kan. (WIBW) - A 71-year-old woman was transported to a local hospital after a single-vehicle crash early Thursday afternoon just southeast of Topeka.
The crash was reported around 12:45 p.m. in the 5400 block of S.E. 53rd. The location was just west of S.E. 53rd and Dupont Road.
Shawnee County sheriff’s officials told 13 NEWS at the scene that a woman was driving a white GMC Terrain sport utility vehicle east on S.E. 53rd when it left the roadway on the left -- or north -- side.
The Terrain took out a mailbox along the north side of the road and continued traveling east in a grassy area, narrowly missing a couple of trees.
The SUV then ran through a fence before striking a tree.
The woman, who was alone in the vehicle, suffered what sheriff’s officials described as “serious but not life-threatening” injuries in the crash.
She was transported to a Topeka hospital by American Medical Response ambulance.
In addition to the Shawnee County Sheriff’s Office and AMR ambulance, the Shawnee Heights fire department also responded to the scene.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/26/woman-suffers-serious-injuries-crash-thursday-afternoon-southeast-topeka/ | 2022-05-26T20:20:45Z |
Judge dismisses Trump’s lawsuit, allowing NY probe to go on
By MICHAEL R. SISAK
Associated Press
NEW YORK (AP) — A federal judge on Friday dismissed Donald Trump’s lawsuit against New York Attorney General Letitia James, allowing her civil investigation into his business practices to continue. In a 43-page ruling, U.S. District Judge Brenda Sannes said she based her decision on case law that bars federal judges from interfering in state-level investigations in most cases. Sannes’ ruling came a day after a New York appeals court ruled that Trump must answer questions under oath in James’ probe, upholding a lower-court ruling requiring him to sit for a deposition. A message seeking comment was left with Trump’s lawyers. | https://localnews8.com/news/ap-national/2022/05/27/judge-dismisses-trumps-lawsuit-allowing-ny-probe-to-go-on/ | 2022-05-27T17:27:52Z |
Program introduced minority students to the world of Cybersecurity, which has traditionally been lacking in minority representation.
LOS ANGELES, April 12, 2022 /PRNewswire/ -- Infoblox, the leader in cloud-first networking and security services and the TELACU Education Foundation have announced the successful completion of the Infoblox Diverse Student Certification pilot program. The pilot program was done in coordination with the University of La Verne, a Hispanic-serving Institution (HSI), and included two courses to introduce students to the world of cybersecurity with hands-on product training led by Infoblox specialists. Fourteen students successfully completed the program.
"As the global leader in DDI and Secure-Cloud Networking, Infoblox is committed to creating more inclusive career pathways into our sector for students from diverse communities," says Zafar Brooks, Global Leader and Senior Director, Diversity, Equity, and Inclusion, Infoblox. "With the pilot program, we introduced students to our growing sector and provided the academic community tools for career readiness in cyber-tech. As a result of the innovative public-private partnership by Infoblox, TELACU, and the University of La Verne, we created a force multiplier effect on meeting the needs of students and delivering a well-prepared workforce of tomorrow."
"While these students have successfully completed this pilot program, we hope this was just the beginning of a long and powerful relationship between the students and the institutions that came together to offer this amazing opportunity," said Dr. David C. Lizárraga, TELACU Education Foundation Chairman and Founder. "We are committed to furthering this partnership, and to building a strong, diverse candidate pool for the cybersecurity and tech industry."
The Infoblox Diverse Student Certification Program integrated the company's training, certification and mentoring into the University of La Verne's computer science program. The students participating in the inaugural class attended Infoblox courses, previously only available to working professionals. Upon completion of the program, the students were eligible to earn two certifications:
- DDI Professional, the world's most popular vendor agnostic DDI certification
- DDI Configuration & Administration, Infoblox's most attended product training certification
These classes, certifications, and ongoing mentoring from Infoblox's Unid@s Blox Hispanic employee resource group (ERG) were aimed to prepare the students with foundational skills to embark on careers in IT networking and a notable advantage when seeking employment.
"Through the Infoblox Diverse Student Certification Program, our students gained career ready knowledge from industry professionals and developed invaluable insight that they will carry into their lifelong professions," said Dr. Devorah Lieberman, President of the University of La Verne. "We are deeply grateful to Infoblox and the TELACU Education Foundation for making this possible, and we anticipate that it is the beginning of additional and similar partnerships."
Student Video Testimonials are available here:
Visit this website to learn more about Infoblox's broader DEI efforts.
About Infoblox
Infoblox delivers the next-level network experience with its Secure Cloud-Managed Network Services. As the pioneer in providing the world's most reliable, secure and automated networks, we are relentless in our pursuit of next level network simplicity. A recognized industry leader, Infoblox has more than 12,000 customers, including more than 70% of the Fortune 500. Learn more at https://www.infoblox.com.
About the TELACU Education Foundation
For nearly four decades, the Foundation has transformed educational outcomes for thousands of first-generation students from the under-resourced communities TELACU serves by continually pioneering solutions that shatter barriers to higher education faced by the youth of our nation's largest ethnic minority—Latinx. At TELACU, we believe the truest measure of success is not the number of our Scholars who begin college, but rather the number who ultimately attain a college degree. https://telacu.com/telacu-education-foundation/tef/
Contact: Robert Alaniz
Milagro Media Strategies
(626) 437-3354
robert@milagroagency.com
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SOURCE TELACU Education Foundation | https://www.mysuncoast.com/prnewswire/2022/04/12/infoblox-partnership-with-telacu-education-foundation-grow-minority-representation-cybersecurity-announces-successful-completion-pilot-program-introduce-minority-students-world-cybersecurity/ | 2022-04-12T14:45:19Z |
Envestnet Aligns Business Under Envestnet Solutions, Envestnet Data and Analytics, and Envestnet WealthTech
BERWYN, Pa., June 7, 2022 /PRNewswire/ -- Envestnet announced today organizational changes to accelerate the growth of the Envestnet financial wellness ecosystem by streamlining its business into three business lines: Envestnet Solutions, Envestnet Data and Analytics, and Envestnet WealthTech. The new structure is designed to enable Envestnet to further help the wealth industry deliver an Intelligent Financial Life™ for its clients and marks the next chapter of growth for Envestnet.
Envestnet announces three Group Presidents for the new business lines. Dana D'Auria has been named Group President and Co-Chief Investment Officer, Envestnet Solutions; Farouk Ferchichi has been named Group President, Envestnet Data and Analytics; and Tony Leal has been named Group President, Envestnet WealthTech. Tom Sipp will serve as Envestnet's Executive Vice President, Business Lines, and provide leadership to bring the parts of the Envestnet organization together to meet the evolving needs of advisors, banks, FinTechs, and their clients through data and wealth solutions.
"This new structure marks a pivotal moment for Envestnet and sets the direction and pace of our company for the next decade of growth," said Bill Crager, Co-Founder and CEO, Envestnet. "Aligning our business lines in this way allows us to better innovate and integrate our data intelligence, technology, and solutions for customers, and execute on strategies that align with our vision to provide as many people as possible with the benefit of the Intelligent Financial Life."
- Envestnet Solutions provides the wealth and asset management solutions across Envestnet's ecosystem—including research, overlay, portfolio management, direct indexing, sustainable investing, and retirement services—as well as the partnership with Envestnet exchanges and other wealth solutions providers.
- Envestnet Data and Analytics brings together the combined capabilities of Envestnet | Yodlee, Envestnet Analytics, Envestnet Abe.ai, and more, to serve as the foundation by which Envestnet creates and deploys personalized and actionable insights and intelligence for its business lines and segments.
- Envestnet WealthTech comprises the wealth technology solutions and platforms that service Envestnet's advisory segments, including the Envestnet | MoneyGuide and Envestnet | Tamarac platforms, and next-generation tools, including a Client Portal that provides clients with a seamless user experience.
In addition, Envestnet has announced that Stuart DePina has decided to step down from his role as President at the end of June. Mr. DePina will remain an advisor to Envestnet. Since joining Envestnet 10 years ago, Mr. DePina has led Envestnet's Tamarac and Data and Analytics businesses, as well as served as the company's President since 2019. Throughout his time with the company, Mr. DePina has championed the continued development of Envestnet's data aggregation, enterprise data management, and analytics offerings that have supported the company's growth among its wealth management, financial institution, and FinTech customers.
"Stuart and I have been partners for over 10 years, and he has been instrumental in how we have grown over those years—and importantly, how we have brought the company more closely together over these last two years. We have been working to put in place an organization that will drive Envestnet forward, and Stuart has been key in making today's announcements possible," said Mr. Crager. "His impact will continue to be felt by our customers and shareholders for years to come, and I am so pleased he has agreed to continue on this journey with us as an advisor."
Envestnet refers to the family of operating subsidiaries of the public holding company, Envestnet, Inc. (NYSE: ENV). Envestnet is Fully Vested™ in empowering advisors and financial service providers with innovative technology, solutions, and intelligence to help make financial wellness a reality for their clients through an intelligently connected financial life. More than 106,000 advisors and over 6,500 companies—including 16 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs, and hundreds of FinTech companies—leverage Envestnet technology and services that help drive better outcomes for enterprises, advisors, and their clients.
For more information, please visit www.envestnet.com, subscribe to our blog, and follow us on Twitter (@ENVintel) and LinkedIn.
Investors
investor.relations@envestnet.com
(312) 827-3940
Media
Laura Simpson
JConnelly for Envestnet
envestnetpr@jconnelly.com
(973) 713-8834
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SOURCE Envestnet | https://www.wibw.com/prnewswire/2022/06/07/envestnet-announces-business-line-transformation-streamline-accelerate-growth-its-financial-wellness-ecosystem/ | 2022-06-07T12:36:31Z |
Florida woman’s lawsuit says Equifax error made loan pricier
ORLANDO, Fla. (AP) — A Florida woman has sued Equifax claiming she was denied a car loan because of a 130-point mistake in her credit report that she says was part of a larger group of credit score errors the ratings agency made this spring due to a coding problem.
The class action lawsuit was filed in federal court in Atlanta on behalf of Nydia Jenkins and potentially millions of others who applied for credit during a three-week period earlier this year. The Jacksonville, Florida woman was forced to accept another, less favorable loan that was $150 per month more than the one she was turned down for because of the error, according to the lawsuit.
Credit scores provide lenders with a picture of how big a risk a borrower is, and they typically range from 300 to 850 points, with a higher score usually resulting in better terms for people applying for mortgages, auto loans or mortgages. The lawsuit says the errors violated federal law that governs credit reporting agencies.
“In the modern economy, millions of Americans rely on credit to make the most important purchases of their lives, from homes to cars to appliances and everything in between,” John Morgan and John Yanchunis, the attorneys representing Jenkins, said in a statement. “We believe that many of the people impacted – some of whom may still be unaware of what happened – suffered severe financial consequences.”
The errors occurred over three weeks from mid-March to early April. An analysis Equifax conducted shows that there was no shift in a majority of credit scores, and for those who did experience a change, only a small number would have received a different credit decision, Equifax said in an emailed statement on Thursday.
“While the score may have shifted, a score shift does not necessarily mean that a consumer’s credit decision was negatively impacted,” the Equifax statement said.
Equifax said in another statement earlier this week that the problems stemmed from a coding issue that “resulted in the potential miscalculation of certain attributes used in model calculations.” In that statement, the firm said less than 300,000 consumers had a score shift of 25 points or more.
“Again, we do not take this issue lightly,” Equifax said.
Besides seeking an undisclosed amount of damages “to the fullest extent allowable by law,” the lawsuit is asking for an audit to identify which customers’ credit scores were affected; money for credit repair services; and the establishment of a fund to reimburse customers for any out-of-pocket expenses they incurred from the errors.
In 2017, hackers broke into Equifax in a breach that exposed the financial information of 147 million Americans. A federal court in 2020 approved a $380 million settlement of class actions lawsuits, with no finding or judgment of wrongdoing made. The settlement required Equifax to invest a minimum $1 billion over five years on data security.
___
Follow Mike Schneider on Twitter at https://twitter.com/MikeSchneiderAP
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/04/florida-womans-lawsuit-says-equifax-error-made-loan-pricier/ | 2022-08-04T17:17:01Z |
SAN DIEGO, July 26, 2022 /PRNewswire/ -- Halozyme Therapeutics, Inc. (NASDAQ: HALO) ("Halozyme") today announced it will release its second quarter 2022 financial and operating results on Tuesday, August 9, 2022, following the close of trading.
Halozyme will host a conference call on Tuesday, August 9, 2022 at 4:30 p.m. ET to discuss the results. The dial-in numbers are (888) 330-2408 for domestic callers and (240) 789-2703 for international callers. The conference ID number is 89853. A live webcast and replay of the conference call will be available online on the investor relations section of the Halozyme Therapeutics corporate website at www.halozyme.com.
Halozyme is a biopharmaceutical company bringing disruptive solutions to significantly improve patient experiences and outcomes for emerging and established therapies. As the innovators of the ENHANZE® technology with the proprietary enzyme rHuPH20, Halozyme's commercially-validated solution is used to facilitate the delivery of injected drugs and fluids in order to reduce the treatment burden to patients. Having touched more than 600,000 patient lives in post-marketing use in five commercialized products across more than 100 global markets, Halozyme has licensed its ENHANZE® technology to leading pharmaceutical and biotechnology companies including Roche, Baxalta, Pfizer, AbbVie, Eli Lilly, Bristol-Myers Squibb, Alexion, argenx, Horizon Therapeutics, ViiV Healthcare and Chugai Pharmaceutical.
Halozyme also develops, manufactures and commercializes, for itself or with partners, drug-device combination products using its advanced auto-injector technology that are designed to provide commercial or functional advantages such as improved convenience and tolerability, and enhanced patient comfort and adherence. The Company has a commercial portfolio of proprietary products including XYOSTED®, TLANDO™ and NOCDURNA® and partnered commercial products and ongoing product development programs with industry leading pharmaceutical companies including Teva Pharmaceutical, Covis Pharma, Pfizer and Idorsia Pharmaceuticals.
Halozyme is headquartered in San Diego, CA and has offices in Ewing, NJ and Minnetonka, MN. Minnetonka is also the site of its operations facility.
For more information visit www.halozyme.com and connect with us on LinkedIn and Twitter.
Contacts:
Tram Bui
VP, Investor Relations and Corporate Communications
609-359-3016
tbui@antarespharma.com
Dawn Schottlandt / Claudia Styslinger
Argot Partners
212-600-1902
Halozyme@argotpartners.com
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SOURCE Halozyme Therapeutics, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/26/halozyme-report-second-quarter-2022-financial-operating-results/ | 2022-07-26T13:23:22Z |
Oath Keepers’ lawyer arrested in connection with Jan. 6
(AP) - A lawyer for the far-right Oath Keepers extremist group has been charged with conspiracy in connection with the Jan. 6, 2021, attack at the U.S. Capitol, authorities said Thursday.
Kellye SoRelle — general counsel for the antigovernment group — was arrested in Texas on charges including conspiracy to obstruct an official proceeding, the Justice Department said.
SoRelle is a close associate of Stewart Rhodes, the Oath Keepers’ leader who is heading to trial later this month alongside other extremists on seditious conspiracy charges.
Prosecutors say Rhodes and his militia group plotted for weeks to stop the lawful transfer of power. Prosecutors say the Oath Keepers purchased weapons and set up battle plans with the goal of keeping President Donald Trump in office.
SoRelle was present at an underground garage meeting the night before the riot that’s been a focus for investigators.
The meeting included Rhodes and and Enrique Tarrio, the former chairman of the Proud Boys extremist group, who is charged separately with seditious conspiracy alongside other members of the group that describes themselves as a politically incorrect men’s club for “Western chauvinists.”
Publicly released video of the meeting doesn’t reveal much about their discussion, and prosecutors have said only that one of the meeting’s participants “referenced the Capitol.”
SoRelle told The Associated Press last year that FBI agents seized her phone and provided her a search warrant that said it was related to an investigation into seditious conspiracy, among other crimes. The indictment against SoRelle made public Thursday does not include a charge of seditious conspiracy.
SoRelle told the AP at the time that she had no knowledge of or involvement in the Capitol breach, calling the seizure of her phone “unethical” and the investigation “a witch hunt.”
SoRelle is expected to make an initial appearance in federal court in Austin, Texas, later Thursday.
___
For full coverage of the Capitol riot, go to https://www.apnews.com/capitol-siege
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/01/oath-keepers-lawyer-arrested-connection-with-jan-6/ | 2022-09-01T15:52:57Z |
Top offensive rookie joins #TeamBioSteel athletes who prioritize Clean. Healthy. Hydration.™
New York, Sept. 8, 2022 /PRNewswire/ - BioSteel Sports Nutrition Inc. ("BioSteel") today announced the latest addition to #TeamBioSteel with the signing of Ja'Marr Chase, one of the league's top wide receivers. Chase is an authentic fan of BioSteel and believes in the importance of clean hydration, both at home and when he is out on the field. He will be promoting BioSteel through social media, trade marketing, events, including in the Cincinnati area, and more.
Chase joins fellow football stars and #TeamBioSteel athletes Patrick Mahomes, Ezekiel Elliott and Jalen Ramsey in supporting their game with the zero-sugar hydration leader and in elevating the brand's mission of delivering premium hydration to athletes, fans and sports communities around the world.
"Staying healthy and hydrated is key to ensuring this season is even better than the last, and BioSteel products are an essential part of my hydration routine, especially on game day," said Chase. "Heading into my second season, I'm excited to officially join #TeamBioSteel and introduce my community to their zero-sugar products."
"Ja'Marr had a remarkable rookie year, and the fact that he hydrates with BioSteel and is always looking to take his game to the next level makes him a strong, authentic partner for us," said John Celenza, Co-Founder of BioSteel. "We're thrilled to welcome him to #TeamBioSteel as we continue to grow our elite athlete roster and introduce new fans and communities to our lineup of hydration products."
Founded in 2009 by Celenza and business partner and NHL veteran Michael Cammalleri, BioSteel has achieved a reputation for being the hydration product of choice for athletes and consumers. The brand is committed to using premium ingredients, maintaining product transparency, and delivering essential nutrients to support physical activity. Each electrolyte-packed sports drink comes in an eco-friendly 16.7 fl oz Tetra Pak, and the range of flavors includes Blue Raspberry, Mixed Berry, Peach Mango, Rainbow Twist and White Freeze to keep consumers hydrated throughout the day.
BioSteel products are available across North America and globally with select retail partners or direct to consumers online through www.biosteel.com.
BioSteel is a North American beverage brand committed to delivering premium Clean. Healthy. Hydration™. to consumers and athletes across the globe. Each BioSteel sports drink is sugar-free and comes in an eco-friendly Tetra Pak filled with premium ingredients, natural flavors and essential nutrients needed to support physical activity. Perfect for everyone from health and environmentally conscious consumers to world class athletes, BioSteel hydration products are currently readily available across North America, globally with select retail partners, and direct to consumers online through www.biosteel.com.
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SOURCE BioSteel Sports Nutrition Inc. | https://www.kxii.com/prnewswire/2022/09/08/jamarr-chase-signs-with-biosteel-expanding-brands-elite-athlete-roster/ | 2022-09-08T21:22:04Z |
TAMPA, Fla. (WFLA) — A controversial Orlando amusement park ride is on pause after receiving backlash for being “insensitive,” according to a statement from the park.
ICON Park announced Thursday it would be adding a game called “Bullseye Blast” to The Wheel ride – a 400-foot tall observation wheel that offers views of the Orlando area. According to previous reports, the game was described as a competition for riders to use infrared laser blasters to hit colorful targets positioned on rooftops around Orlando that can be seen from the ride.
According to the park, “the Bullseye Blast game satisfied guests who enjoy gaming, arcades and virtual reality.”
In a statement issued Saturday, park officials said that while the ride had been “well-received” by customers, some had questioned whether it was appropriate following mass shootings at a July 4 parade in a Chicago suburb, an elementary school in Uvalde, Texas, and a grocery store in Buffalo, New York.
Officials also addressed online criticism describing the game as a “mass shooting simulator.”
“Some non-guests and community members expressed that they considered the toy shooting device used to be insensitive,” the park said. “The attractions industry has many similar games which use similar shooting devices, so that is what we were limited to when exploring the game. However, we believe that a device can and should be designed which does not offend anyone in the community.”
The park said Saturday it would pause the “current version” of the game until it can pursue a new design that delivers the same level of fun for guests,” in a way that the entire community can embrace.”
Controversy has surrounded the park, which is located along Orlando’s International Drive, since 14-year-old Tyre Sampson of Missouri fell from the Free Fall tower and died earlier this year. An autopsy later found he fell more than 70 feet, which caused internal injuries and injuries to his head, neck and torso.
The free-fall ride has been closed since the death, and Sampson’s family has called for it to be permanently shut down. Sampson’s parents have also filed a wrongful death lawsuit against the ride owner, manufacturer and landlord, alleging product liability and negligence. The owners of ICON Park and its affiliated companies filed a motion earlier this month to dismiss the lawsuit.
The Associated Press contributed to this report. | https://cw33.com/news/nexstar-media-wire/florida-amusement-park-pauses-controversial-target-shooting-game/ | 2022-07-18T23:11:52Z |
LONDON (AP) — Former Manchester United star Ryan Giggs is set to go on trial Monday on charges of assault and use of coercive behavior against a former girlfriend.
Giggs, 48, is accused of assaulting Kate Greville, 36, causing her actual bodily harm at his home in Worsley, greater Manchester on Nov. 1, 2020. He is also charged with common assault of her younger sister, Emma Greville, during the same incident.
Giggs is also charged with using controlling and coercive behavior against his former girlfriend between August 2017 and November 2020. His trial in Manchester is expected to last up to 10 days.
Giggs has denied all charges but stood down as the manager of the Wales national team, saying he didn’t want to jeopardize preparations ahead of the World Cup in Qatar later this year.
He was originally scheduled to face trial in January, but the case was delayed due to a court backlog made worse by the COVID-19 pandemic. | https://cw33.com/sports/ap-sports/ex-manchester-united-star-ryan-giggs-set-to-go-on-trial/ | 2022-08-08T10:28:27Z |
Death toll in Kentucky hits 26 amid renewed flood threat
HINDMAN, Ky. (AP) — The number of deaths from massive flooding in Kentucky continued to climb on Sunday amid a renewed threat of more heavy rains.
Kentucky Gov. Andy Beshear said on NBC’s “Meet The Press” that the death toll had risen by one to 26 from last week’s storms.
Beshear has said the number would likely rise significantly and it could take weeks to find all the victims. As many as 37 people were unaccounted for, according to a daily briefing from the Federal Emergency Management Agency.
On top of that, more flash flooding was possible in portions of Appalachia on Sunday and Monday as the latest storms roll through, the National Weather Service said. Rainfall rates of 1 to 2 inches per hour were possible in some of the same areas that were inundated last week.
A dozen shelters were open for flood victims in Kentucky with 388 occupants on Sunday, according to FEMA.
Beshear said state police were taking calls from worried people who can’t locate loved ones due to spotty cell phone service.
“We still can’t get into some areas to check on people,” Beshear said. “We’re doubling our National Guard. We’re going to work to go door to door, work to find, again, as many people as we can. We’re even going to work through the rain. But the weather is complicating it.”
On an overcast morning in downtown Hindman, about 200 miles (322 kilometers) southeast of Louisville, a crew cleared debris piled along storefronts. Nearby, a vehicle was perched upside down in Troublesome Creek, now back within its debris-littered banks.
With the threat of more rain, workers toiled nonstop through mud-caked sidewalks and roads.
“We’re going to be here unless there’s a deluge,” said Tom Jackson, who is among the workers.
Jackson was with a crew from Corbin, Kentucky, where he’s the city’s recycling director, about a two-hour drive from Hindman.
His crew worked all day Saturday, and the mud and debris were so thick that they managed to clear one-eighth of a mile of roadway. The water had rushed off the hillsides had so much force that it bent road signs.
“I’ve never seen water like this,” Jackson said.
In Knott County, Teresa Perry Reynolds’ home was inundated with water and mud. She and her husband would have taken refuge in their 44-foot travel trailer, but it was swamped by the floodwater.
“I have the clothes on my back,” she said Saturday when asked what they could salvage.
They found her husband’s wallet after searching a day and a half. It was left behind as they escaped the fast-rising water Thursday and went to a neighbor’s house. A team of volunteers hauled debris out of her house Saturday.
She and her husband are staying with friends. She’s a retired teacher and her husband is a retired school administrator.
“All I know is I’m homeless and I’ve got people taking care of me,” she said.
The rain let up early Friday after parts of eastern Kentucky received between 8 and 10 1/2 inches (20-27 centimeters) over 48 hours. About 13,000 utility customers in Kentucky remained without power Sunday, poweroutage.us reported.
President Joe Biden declared a federal disaster to direct relief money to more than a dozen Kentucky counties.
Last week’s flooding extended to West Virginia, where Gov. Jim Justice declared a state of emergency for six southern counties, and to Virginia, where Gov. Glenn Youngkin also made an emergency declaration that enabled officials to mobilize resources across the flooded southwest portion of the state.
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Associated Press writer John Raby contributed to this report from Charleston, West Virginia.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/31/death-toll-kentucky-hits-26-amid-renewed-flood-threat/ | 2022-07-31T16:23:11Z |
TOLEDO, Ohio, Aug. 9, 2022 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced results for the quarter ended June 30, 2022.
Recent Highlights
- Reported net income attributable to common stockholders of $0.20 per diluted share
- Reported normalized FFO attributable to common stockholders of $0.86 per diluted share
- Reported normalized FFO growth attributable to common stockholders per diluted share of 8.9% over the prior year, and 7.7% on a constant currency basis excluding Provider Relief Funds
- Reported total portfolio year-over-year same store NOI ("SSNOI") growth of 8.7%, driven by SSNOI growth in our Seniors Housing Operating ("SHO") portfolio of 15.4%
- SHO portfolio year-over-year same store revenue growth accelerated relative to the first quarter, increasing to 11.5% in the second quarter, driven by 500 bps of year-over-year average occupancy growth and 4.5% same store REVPOR growth
- Completed $1.6 billion of pro rata gross investments during the second quarter including $1.1 billion in acquisitions and loan funding and $448 million in development funding, continuing one of the most active starts to the year for investment activity in Welltower's history. Transactions during the period were funded, in part, through the issuance of Operating Partnership Units ("OP Units")
- Closed on an amended $5.2 billion unsecured credit facility with improved pricing across term loans
- Earned the 2022 ENERGY STAR® Partner of the Year Award for the fourth consecutive year and attained the level of Sustained Excellence, the Environmental Protection Agency's highest recognition within the ENERGY STAR® program, for the second consecutive year
COVID-19 Update
During the period, we recognized $17 million of Provider Relief Funds, as compared to guidance of approximately $6 million. As a result, second quarter 2022 net income attributable to common stockholders and normalized FFO benefited by approximately $0.02 per diluted share relative to guidance.
Our share of property-level expenses associated with the COVID-19 pandemic relating to our SHO portfolio totaled $9 million. Net of reimbursements including Provider Relief Funds and similar programs in the U.K. and Canada, our share of property-level expenses associated with the COVID-19 pandemic relating to our SHO portfolio totaled a benefit of approximately $13 million and $6 million for the three months and six months ended June 30, 2022, respectively, as compared to a benefit of approximately $1 million and $24 million for the three months and six months ended June 30, 2021, respectively. Such amounts had a favorable impact on net income attributable to common stockholders and normalized FFO per diluted share of $0.03 and $0.01 for the three months and six months ended June 30, 2022, respectively, and a favorable impact of less than $0.01 and $0.06 per diluted share for the three months and six months ended June 30, 2021, respectively.
Capital Activity and Liquidity In June 2022, we closed on an amended $5.2 billion unsecured credit facility with improved pricing across our term loans. The credit facility includes $4.0 billion of revolving credit capacity at a borrowing rate of 77.5 basis points over the adjusted SOFR rate, $1.0 billion of USD term loan capacity at a borrowing rate of 85.0 basis points over the adjusted SOFR rate and $250 million CAD term loan capacity at 85.0 basis points over CDOR. In addition, the revolving facility and term loans permit a reduction in the interest rate upon meeting certain reductions in greenhouse gas emissions.
Inclusive of available borrowings under our line of credit, cash and cash equivalents, and restricted cash, as of June 30, 2022, we had $4.1 billion of near-term available liquidity and no material senior unsecured note maturities until 2024. During the three months ended June 30, 2022, we settled 9.4 million shares of common stock that were sold under our ATM program via forward sale agreements, resulting in $820 million of gross proceeds. During the quarter, we extinguished $96 million of secured debt at a blended average interest rate of 4.09%.
On May 24, 2022, Welltower OP Inc., a wholly owned subsidiary of Welltower Inc., converted from a Delaware corporation into a Delaware limited liability company named Welltower OP LLC, effectively completing the formation of an UPREIT structure. This reorganization aligns our corporate structure with other publicly traded REITs and allows us to more efficiently acquire properties in a tax-deferred manner. Detailed information on the UPREIT reorganization can be found in the Form 8-K filed on May 23, 2022 and on our website.
Investment and Disposition Activity In the second quarter, we completed $1.6 billion of pro rata gross investments including $1.1 billion in acquisitions and loan funding, as well as $448 million in development funding. Transactions during this period were funded, in part, through the issuance of OP Units. We opened three development projects for an aggregate pro rata investment amount of $84 million. Additionally, during the quarter we completed pro rata property dispositions and loan payoffs of $101 million.
Notable Investment Activity Completed During the Quarter
Calamar During the second quarter, we acquired a portfolio of 25 senior apartment communities in non-coastal East Coast and Midwest markets, including 20 newer vintage properties and five properties currently in development, for $502 million or $172,000 per unit. The transaction was funded through cash, the assumption of debt and the issuance of OP Units. With the closing of this transaction, Welltower, as the largest owner of moderately priced age-restricted and age-targeted rental housing in the U.S., significantly expanded its market leadership with a total of nearly 10,000 units.
Cogir Management Corporation We continued to grow our relationship with Cogir, closing on three separate transactions during the quarter. In April, we closed on a three-property portfolio in Washington state for a pro rata purchase price of $244 million in a 90/10 joint venture, where Cogir also assumed the management of the properties.
Additionally, we closed on two properties in Montreal, Quebec for a pro rata purchase price of $102 million in a 95/5 joint venture and one property in Brentwood, California for a pro rata purchase price of $35 million in a 90/10 joint venture. Here to, Cogir assumed the management of the properties upon closing.
Oakmont Management Group During the quarter, we further expanded our relationship with Oakmont through the acquisition of an assisted living and memory care facility in Bakersfield, California for $22 million.
StoryPoint Senior Living As previously announced, we entered into an agreement to expand our relationship with StoryPoint Senior Living, a preeminent senior living operator based in Brighton, Michigan, through the acquisition of 33 communities throughout Michigan, Ohio and Tennessee under an aligned RIDEA 3.0 contract. During April, we closed on the first tranche through the acquisition of two recently opened communities located in Ohio and Tennessee for a pro rata purchase price of $65 million. The portfolio was acquired at a significant discount to estimated replacement cost and is expected to generate a high single-digit unlevered IRR.
Treplus Communities During the second quarter, we expanded our relationship with Treplus Communities through the acquisition of a portfolio of three class-A wellness housing communities in the Midwest. The communities feature unique environments with individual cottage style units, clubhouses, 24/7 concierge services, and offer residents a wellness-oriented social lifestyle.
Outpatient Medical Acquisition During the quarter, we acquired a medical office building in Pleasanton, California for $35 million. The property has approximately 93,000 rentable square feet and is currently 90% leased.
Other Transactions Additionally during the second quarter, we acquired four medical office buildings for $68 million. We disposed of two properties previously leased to Genesis Healthcare and one seniors housing operating property for proceeds of $21 million.
Investment Activity Subsequent to Quarter End
West Coast Transition Portfolio In July, we commenced the previously announced transition of 12 well-located properties on the West Coast of the U.S., representing 2,010 assisted living units, to three best-in-class operators in Oakmont, Cogir and Kisco Senior Living under well-aligned management contracts. The transitions are expected to drive improved NOI through both higher occupancy and lower expenses. Cogir and Kisco will each assume management of one property in markets where they will have existing local scale.
Oakmont Management Group In July, we continued to expand our relationship with Oakmont through the acquisition of three newly-constructed rental communities and three stable entrance fee communities in high barrier-to-entry California markets for an aggregate purchase price of $312 million. The portfolio will be managed by Oakmont under a RIDEA 3.0 management contract.
Dividend On August 9, 2022, the Board of Directors declared a cash dividend for the quarter ended June 30, 2022 of $0.61 per share. This dividend, which will be paid on August 31, 2022 to stockholders of record as of August 23, 2022, will be our 205th consecutive quarterly cash dividend. The declaration and payment of future quarterly dividends remains subject to review and approval by the Board of Directors.
Outlook for Third Quarter 2022 The degree to which the COVID-19 pandemic continues to impact our operations and those of our operators and tenants, including the variability in the timing of recovery, is dependent on a variety of factors and remains highly uncertain. Accordingly, we are only introducing earnings guidance for the quarter ended September 30, 2022 and expect to report net income attributable to common stockholders in a range of $0.12 to $0.17 per diluted share and normalized FFO attributable to common stockholders in a range of $0.82 to $0.87 per diluted share. In preparing our guidance, we have made the following assumptions:
- Same Store NOI: We expect average blended SSNOI growth of 7% to 9%, which is comprised of the following components:
- Provider Relief Funds: Our third quarter guidance includes approximately $7 million of Provider Relief Funds, which are expected to be received during the quarter.
- Impact of Interest Rates and Foreign Exchange Rates: Increased interest rates on floating rate debt and a strengthening U.S. Dollar relative to the British Pound and Canadian Dollar are expected to reduce third quarter 2022 normalized FFO attributable to common stockholders by approximately $0.03 per diluted share versus the second quarter 2022 and $0.04 per diluted share versus the third quarter 2021.
- General and Administrative Expenses: We anticipate third quarter general and administrative expenses to be approximately $34 million to $36 million and stock-based compensation expense to be approximately $5 million.
- Investments: Our earnings guidance includes only those acquisitions closed or announced to date. Furthermore, no transitions or restructures beyond those announced to date are included.
- Development: We anticipate funding approximately $670 million of development through the remainder of 2022 relating to projects underway on June 30, 2022.
- Dispositions: We expect pro rata disposition proceeds of $258 million at a blended yield of 5.9% in the next twelve months. This includes approximately $231 million of expected proceeds from properties classified as held-for-sale as of June 30, 2022 and $27 million of expected proceeds from loan repayments.
Our guidance does not include any additional investments, dispositions or capital transactions beyond those we have announced, nor any other expenses, impairments, unanticipated additions to the loan loss reserve or other additional normalizing items. Please see the Supplemental Reporting Measures section for further discussion and our definition of normalized FFO and SSNOI and Exhibit 3 for a reconciliation of the outlook for net income available to common stockholders to normalized FFO attributable to common stockholders. We will provide additional detail regarding our third quarter outlook and assumptions on the second quarter 2022 conference call.
Conference Call Information We have scheduled a conference call on Wednesday, August 10, 2022 at 9:00 a.m. Eastern Time to discuss our second quarter 2022 results, industry trends and portfolio performance. Telephone access will be available by dialing (888) 340-5024 or (646) 960-0135 (international). For those unable to listen to the call live, a taped rebroadcast will be available beginning two hours after completion of the call through August 17, 2022. To access the rebroadcast, dial (800) 770-2030 or (647) 362-9199 (international). The conference ID number is 8230248. To participate in the webcast, log on to www.welltower.com 15 minutes before the call to download the necessary software. Replays will be available for 90 days.
Supplemental Reporting Measures We believe that net income and net income attributable to common stockholders ("NICS"), as defined by U.S. generally accepted accounting principles ("U.S. GAAP"), are the most appropriate earnings measurements. However, we consider funds from operations ("FFO"), normalized FFO, NOI, SSNOI, REVPOR and SS REVPOR to be useful supplemental measures of our operating performance. These supplemental measures are disclosed on our pro rata ownership basis. Pro rata amounts are derived by reducing consolidated amounts for minority partners' noncontrolling ownership interests and adding our minority ownership share of unconsolidated amounts. We do not control unconsolidated investments. While we consider pro rata disclosures useful, they may not accurately depict the legal and economic implications of our joint venture arrangements and should be used with caution.
Historical cost accounting for real estate assets in accordance with U.S. GAAP implicitly assumes that the value of real estate assets diminishes predictably over time as evidenced by the provision for depreciation. However, since real estate values have historically risen or fallen with market conditions, many industry investors and analysts have considered presentations of operating results for real estate companies that use historical cost accounting to be insufficient. In response, the National Association of Real Estate Investment Trusts ("NAREIT") created FFO as a supplemental measure of operating performance for REITs that excludes historical cost depreciation from net income. FFO attributable to common stockholders, as defined by NAREIT, means net income attributable to common stockholders, computed in accordance with U.S. GAAP, excluding gains (or losses) from sales of real estate and impairments of depreciable assets, plus real estate depreciation and amortization, and after adjustments for unconsolidated entities and noncontrolling interests. Normalized FFO attributable to common stockholders represents FFO attributable to common stockholders adjusted for certain items detailed in Exhibit 2. We believe that normalized FFO attributable to common stockholders is a useful supplemental measure of operating performance because investors and equity analysts may use this measure to compare the operating performance of the Company between periods or as compared to other REITs or other companies on a consistent basis without having to account for differences caused by unanticipated and/or incalculable items. In addition, we believe that presentation of constant currency normalized FFO exclusive of Provider Relief Funds provides enhanced comparability for investor evaluations of period-over-period results.
We define NOI as total revenues, including tenant reimbursements, less property operating expenses. Property operating expenses represent costs associated with managing, maintaining and servicing tenants for our properties. These expenses include, but are not limited to, property-related payroll and benefits, property management fees paid to operators, marketing, housekeeping, food service, maintenance, utilities, property taxes and insurance. General and administrative expenses represent costs unrelated to property operations or transaction costs. These expenses include, but are not limited to, payroll and benefits, professional services, office expenses and depreciation of corporate fixed assets. SSNOI is used to evaluate the operating performance of our properties using a consistent population which controls for changes in the composition of our portfolio. As used herein, same store is generally defined as those revenue-generating properties in the portfolio for the relevant year-over-year reporting periods. Acquisitions and development conversions are included in the same store amounts five full quarters after acquisition or being placed into service. Land parcels, loans and sub-leases, as well as any properties sold or classified as held for sale during the period, are excluded from the same store amounts. Redeveloped properties (including major refurbishments of a Seniors Housing Operating property where 20% or more of units are simultaneously taken out of commission for 30 days or more or Outpatient Medical properties undergoing a change in intended use) are excluded from the same store amounts until five full quarters post completion of the redevelopment. Properties undergoing operator transitions and/or segment transitions are also excluded from the same store amounts until five full quarters post completion of the operator transition or segment transition. In addition, properties significantly impacted by force majeure, acts of God or other extraordinary adverse events are excluded from same store amounts until five full quarters after the properties are placed back into service. SSNOI excludes non-cash NOI and includes adjustments to present consistent property ownership percentages and to translate Canadian properties and UK properties using a consistent exchange rate. Normalizers include adjustments that in management's opinion are appropriate in considering SSNOI, a supplemental, non-GAAP performance measure. None of these adjustments, which may increase or decrease SSNOI, are reflected in our financial statements prepared in accordance with U.S. GAAP. Significant normalizers (defined as any that individually exceed 0.50% of SSNOI growth per property type) are separately disclosed and explained. We believe NOI and SSNOI provide investors relevant and useful information because they measure the operating performance of our properties at the property level on an unleveraged basis. We use NOI and SSNOI to make decisions about resource allocations and to assess the property level performance of our properties. No reconciliation of the forecasted range for SSNOI on a combined basis or by property type is included in this release because we are unable to quantify certain amounts that would be required to be included in the comparable GAAP financial measure without unreasonable efforts, and we believe such reconciliation would imply a degree of precision that could be confusing or misleading to investors.
REVPOR represents the average revenues generated per occupied room per month at our Seniors Housing Operating properties. It is calculated as our pro rata version of total resident fees and services revenues from the income statement divided by average monthly occupied room days. SS REVPOR is used to evaluate the REVPOR performance of our properties under a consistent population which eliminates changes in the composition of our portfolio. It is based on the same pool of properties used for SSNOI and includes any revenue normalizations used for SSNOI. We use REVPOR and SS REVPOR to evaluate the revenue-generating capacity and profit potential of our Seniors Housing Operating portfolio independent of fluctuating occupancy rates. They are also used in comparison against industry and competitor statistics, if known, to evaluate the quality of our Seniors Housing Operating portfolio.
Our supplemental reporting measures and similarly entitled financial measures are widely used by investors, equity and debt analysts and ratings agencies in the valuation, comparison, rating and investment recommendations of companies. Our management uses these financial measures to facilitate internal and external comparisons to historical operating results and in making operating decisions. Additionally, they are utilized by the Board of Directors to evaluate management. The supplemental reporting measures do not represent net income or cash flow provided from operating activities as determined in accordance with U.S. GAAP and should not be considered as alternative measures of profitability or liquidity. Finally, the supplemental reporting measures, as defined by us, may not be comparable to similarly entitled items reported by other real estate investment trusts or other companies. Please see the exhibits for reconciliations of supplemental reporting measures and the supplemental information package for the quarter ended June 30, 2022, which is available on the Company's website (www.welltower.com), for information and reconciliations of additional supplemental reporting measures.
About Welltower Welltower Inc. (NYSE:WELL), an S&P 500 company headquartered in Toledo, Ohio, is driving the transformation of health care infrastructure. The Company invests with leading seniors housing operators, post-acute providers and health systems to fund the real estate infrastructure needed to scale innovative care delivery models and improve people's wellness and overall health care experience. Welltower™, a real estate investment trust ("REIT"), owns interests in properties concentrated in major, high-growth markets in the United States, Canada and the United Kingdom, consisting of seniors housing and post-acute communities and outpatient medical properties. More information is available at www.welltower.com. We routinely post important information on our website at www.welltower.com in the "Investors" section, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included on our website under the heading "Investors". Accordingly, investors should monitor such portion of our website in addition to following our press releases, public conference calls and filings with the Securities and Exchange Commission. The information on our website is not incorporated by reference in this press release, and our web address is included as an inactive textual reference only.
Forward-Looking Statements and Risk Factors This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. When Welltower uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "pro forma," "estimate" or similar expressions that do not relate solely to historical matters, Welltower is making forward-looking statements. Forward-looking statements, including statements related to Funds From Operations guidance, are not guarantees of future performance and involve risks and uncertainties that may cause Welltower's actual results to differ materially from Welltower's expectations discussed in the forward-looking statements. This may be a result of various factors, including, but not limited to: the impact of the COVID-19 pandemic; uncertainty regarding the implementation and impact of the CARES Act and future stimulus or other COVID-19 relief legislation; the status of the economy; the status of capital markets, including availability and cost of capital; issues facing the health care industry, including compliance with, and changes to, regulations and payment policies, responding to government investigations and punitive settlements and operators'/tenants' difficulty in cost effectively obtaining and maintaining adequate liability and other insurance; changes in financing terms; competition within the health care and seniors housing industries; negative developments in the operating results or financial condition of operators/tenants, including, but not limited to, their ability to pay rent and repay loans; Welltower's ability to transition or sell properties with profitable results; the failure to make new investments or acquisitions as and when anticipated; natural disasters and other acts of God affecting Welltower's properties; Welltower's ability to re-lease space at similar rates as vacancies occur; Welltower's ability to timely reinvest sale proceeds at similar rates to assets sold; operator/tenant or joint venture partner bankruptcies or insolvencies; the cooperation of joint venture partners; government regulations affecting Medicare and Medicaid reimbursement rates and operational requirements; liability or contract claims by or against operators/tenants; unanticipated difficulties and/or expenditures relating to future investments or acquisitions; environmental laws affecting Welltower's properties; changes in rules or practices governing Welltower's financial reporting; the movement of U.S. and foreign currency exchange rates; Welltower's ability to maintain its qualification as a REIT; key management personnel recruitment and retention; and other risks described in Welltower's reports filed from time to time with the SEC. Welltower undertakes no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise, or to update the reasons why actual results could differ from those projected in any forward-looking statements.
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SOURCE Welltower Inc. | https://www.kxii.com/prnewswire/2022/08/09/welltower-reports-second-quarter-2022-results/ | 2022-08-09T22:09:11Z |
ATLANTA (AP) — Adam Duvall homered twice off José Quintana, William Contreras and Matt Olson also connected, and the Atlanta Braves won their 11th straight game, 5-3 over the Pittsburgh Pirates on Sunday.
The defending World Series champion Braves began the day having trimmed five games off the New York Mets’ division lead since the winning streak started June 1. They were 5½ games back in the NL East.
This stretch is the club’s best since it won 14 in a row from July 26 to Aug. 9, 2013. During the streak, Atlanta has outscored opponents 74-30 with 22 homers. The pitching staff has a 2.32 ERA over the same span.
It’s been equally fun for Duvall, who has mostly scuffled this season with a .206 batting average, six homers and a .614 OPS. Last year, Duvall led the NL with 113 RBIs and was second with 38 homers.
He has seven extra-base hits over his last four games.
“We’re playing good baseball and getting some timely hits is key, so it feels good,” he said.
Pittsburgh has lost a season-high six straight games, including four against the Braves. The Pirates were swept for the fifth time this season.
“We need to get out of Atlanta,” Pittsburgh manager Derek Shelton said. “That’s a good baseball team.”
The Braves went back-to-back in the second when Contreras hit the left-field foul pole for his ninth homer and Duvall connected to left to make it 2-0. Olson hit his eighth homer in the eighth, pushing the lead to 5-3 against Chase De Jong.
Pittsburgh pulled within 2-1 in the third on Bryan Reynolds’ sacrifice fly. Reynolds’ two-run homer off Kyle Wright, his former Vanderbilt teammate and roommate, cut the lead to 4-3 in the fifth.
“I struck him out the first time, though,” Wright said with a grin. “He’s awesome. He’s an incredible player. On the home run, it was actually a good pitch. Fastball up and in. I don’t know how he got to it and I don’t know how he kept it fair.”
Contreras doubled in the fourth and crossed the plate when Duvall hit his sixth homer, an opposite-field shot to right-center, to put Atlanta up 4-1. Duvall has 11 multihomer games in his career.
Quintana (1-4) was charged with six hits and four runs in five innings and had allowed two runs or fewer in nine of his previous 11 starts. The Braves are 16-6 against lefty starters and have won their last 11 games against them.
Wright (7-3) allowed five hits and three runs with two walks and seven strikeouts in six innings. Wright, who was coming off a career-high eight innings in a win over Oakland last Tuesday, had a 1.69 ERA over his previous five starts. He ranked second in the NL with a .192 opponents’ batting average.
Will Smith faced the minimum in the seventh for Atlanta, A.J. Minter pitched to three batters in the eighth and Kenley Jansen earned his 18th save in 21 chances after facing four batters in the ninth.
The Braves have won seven straight at home against the Pirates, outscoring them 55-13. Atlanta has won the season series with Pittsburgh the last four years they have played.
“It’ll be business as usual tomorrow,” Atlanta manager Brian Snitker said. “They’ll come out prepared and try to go out and win another series. That’s what the focus is.”
SELECT COMPANY
Reynolds began the day with a .376 career average in 58 June games. With a minimum of 200 June plate appearances since 1901, Reynolds’ average this month trails only Joe Jackson (.381) and Lou Gehrig (.378).
PICKOFF MOVES
Braves RF Ronald Acuña Jr. reached base in the first inning on a walk, and Quintana proceeded to try and pick him off eight times throughout the remainder of the inning. That’s tied for the most pickoff atttempts drawn by a single runner in an inning this season (Tampa Bay’s Brett Phillips, May 15 against Toronto). Prior to Sunday, Acuña had never drawn more than six pick attempts in a single inning in his career.
MOVING UP THE LIST
Jansen recorded his 368th save, moving into a tie with Jonathan Papelbon for 10th on the career list. Next up is Joe Nathan with 377.
UP NEXT
Braves RHP Ian Anderson (5-3, 4.53 ERA) is on the mound as Atlanta begins a three-game series at Washington.
Pirates RHP Mitch Keller (2-5, 5.26) will start as Pittsburgh opens a four-game series at St. Louis.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/duvall-homers-twice-braves-beat-bucs-for-11th-straight-win/ | 2022-06-13T17:48:49Z |
AUBURN HILLS, Mich., June 7, 2022 /PRNewswire/ --
- New Sandblast Edition builds on the Ram 1500 TRX, providing customers with even more customization straight from the factory
- 2022 Ram 1500 TRX Sandblast Edition expands the color palette for the quickest, fastest and most powerful mass-produced truck in the world
- Ram 1500 TRX Sandblast Edition available this summer
Ram today announced it is expanding its light-duty lineup with the addition of the exclusive new 2022 Ram 1500 TRX Sandblast Edition, offering performance truck buyers an even wider selection of exterior and interior appointments and content.
"Our customers want to stand out from the crowd and the new Ram 1500 TRX Sandblast Edition allows them to do just that, while offering the segment's best combination of performance, capability and technology," said Mike Koval Jr., Ram brand CEO – Stellantis. "We're constantly expanding and exploring new ideas to meet the needs and fuel the imagination of our passionate customers, and this is the latest example of how Ram trucks deliver features that will continue to win over more and more buyers."
The new 2022 Ram 1500 TRX Sandblast Edition expands the light-duty lineup that already features the quickest, fastest, most powerful and most fuel-efficient trucks on the road today. The Ram Truck lineup steps forward with the full force of modern capability providing confidence-inspiring features and class-exclusive vehicle safety.
Ram worked with well-known racing enthusiast Ken Block to reveal the vehicle to his millions of fans across his social channels. Block, who owns a Ram 1500 TRX, put the truck through its paces last week in Johnson Valley, Calif.
Ram 1500 Sandblast Edition
The Ram 1500 TRX Sandblast Edition offers performance truck buyers an even wider selection of unique content for even greater personalization and features a unique combination of technology, graphics, performance and exterior appearance straight from the factory.
The Ram 1500 TRX Sandblast Edition enhances the well-appointed TRX Level 2 Equipment Group and includes a unique Mojave Sand exterior color and graphics, unique 18-inch all-black beadlock capable wheels, dual pane panoramic sunroof, spray-in bedliner, cargo tie-downs, bed step and an LED cab-mounted brake light. Inside, the TRX Sandblast Edition includes Light Frost accent stitching, an embroidered "TRX" seat back logo, unique carbon fiber accents, a leather and carbon-fiber flat-bottom steering wheel, unique center console badge, Head-up Display and a driver's screen that features TRX in Mojave Sand. Safety features include adaptive cruise control, Lane Keep Assist and pedestrian emergency braking.
The 2022 Ram 1500 TRX Sandblast Edition offers the proven and reliable high-performance 6.2-liter supercharged HEMI® V-8 engine, delivering top output for extended driving sessions without degradation in performance.
Ram 1500 TRX Sandblast Edition manufacturer's suggested retail price (MSRP) starts at $98,285, plus $1,795 destination.
New 2022 Ram 1500 TRX Sandblast Edition models go on sale this summer.
Ram Truck Brand
In 2009, the Ram Truck brand launched as a stand-alone division, focused on meeting the demands of truck buyers and delivering benchmark-quality vehicles. With a full lineup of trucks, the Ram 1500, 2500/3500 Heavy Duty, 3500/4500/5500 Chassis Cab, ProMaster and ProMaster City, the Ram brand builds trucks that get the hard work done and families where they need to go.
Ram is the number one brand in new vehicle quality and is the only truck-exclusive brand to ever finish first in J.D. Power's Initial Quality Study (2021), which tracks new vehicle performance over the first three months of ownership. In the same study, Ram Heavy Duty models also scored best, making Ram the number-one truck brand in new vehicle quality among large heavy-duty pickups.
In addition, the latest J.D. Power APEAL study - which rates the emotional bond between customers and their vehicles – named the 2021 Ram 1500 as the best vehicle in the large light-duty pickup category. This marks the second straight year Ram 1500 has received top honors.
The 2022 Ram 1500 lineup includes the Know & Go mobile app featuring an immersive experience for customers who want to learn more about their vehicles.
Ram continues to outperform the competition and sets the benchmarks for:
- 1,075 lb.-ft. of torque with Cummins Turbo Diesel
- Towing capacity of 37,090 lbs. with Ram 3500
- Segment first 1,000 lb.-ft of torque with Cummins Turbo Diesel
- Payload of 7,680 lbs. with Ram 3500
- Most luxurious: Ram Limited with real wood, real leather and 12-inch Uconnect touchscreen
- Best ride and handling with exclusive link coil rear and auto-level air suspensions
- Most interior space with Ram Mega Cab
- The most cargo space available in any traditional full size cargo van
- Most capable full-size off-road pickup – Ram Power Wagon
- Ram 1500, America's most powerful half-ton diesel pickup with 480 lb.-ft. of torque, achieves an unsurpassed 33 mpg highway and delivers up to 1,000 miles of range on a single tank of fuel
- Ram 1500 TRX is the quickest, fastest and most powerful mass-produced pickup truck in the world
- Most awarded light-duty truck in America
- Highest owner loyalty of any half-ton pickup
Ram is part of the portfolio of brands offered by leading global automaker and mobility provider Stellantis. For more information regarding Stellantis (NYSE: STLA), please visit www.stellantis.com.
Follow Ram and company news and video on:
Company blog: http://blog.stellantisnorthamerica.com
Media website: http://media.stellantisnorthamerica.com
Ram Truck brand: www.ramtrucks.com
Facebook: www.facebook.com/RamTrucks
Instagram: www.instagram.com/ramtrucks
Twitter: www.twitter.com/RamTrucks and @StellantisNA
YouTube: www.youtube.com/RamTrucks, https://www.youtube.com/StellantisNA
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SOURCE Stellantis | https://www.mysuncoast.com/prnewswire/2022/06/07/new-2022-ram-1500-trx-sandblast-edition-joins-ram-lineup/ | 2022-06-07T17:50:19Z |
Tkachuk hat trick powers Flames past Kraken 5-3
CALGARY, Alberta (AP) — Matthew Tkachuk scored three goals for a career-best 37 this season, and the Calgary Flames rallied to beat the Seattle Kraken 5-3. Noah Hanifin had a goal and an assist, and Andrew Mangiapane also scored for Calgary, which had four unanswered goals in the third period to earn its fifth straight win. Dan Vladar (11-5-1) started the third period in goal and stopped all seven shots he faced in relief of Jacob Markstrom to pick up the win. Ryan Donato scored his career-best 15th goal and Victor Rask and Adam Larsson added scores for Seattle, which was swept in the four-game season series. Chris Driedger (7-12-1) had 26 stops for the Kraken. | https://localnews8.com/sports/ap-national-sports/2022/04/12/tkachuk-hat-trick-powers-flames-past-kraken-5-3/ | 2022-04-13T05:04:07Z |
NASHUA, N.H., July 19, 2022 /PRNewswire/ -- Pinpoint Global is excited to announce the launch of ComplianceConnect™ online compliance modules specifically tailored to the compliance needs of RIA firms. ComplianceConnect is a SaaS subscription for RIAs to simplify the never-ending data collecting, reporting, and storage necessary to satisfy SEC requirements.
" We've been providing online compliance services for the largest financial services companies for over 20 years. RIAs are the fastest-growing segment in the industry and have their own specific compliance and business risks," said Jay Stainsby, Vice President of Pinpoint Global. "It's only natural to take what we've done and scale it for RIAs to better comply and manage risk."
ComplianceConnect includes over 20 modules that satisfy SEC requirements. Built and branded specifically for firms' hierarchies, they're intuitive and easy to use for advisors and staff. Workflow is seamless from advisor through supervisory review and compliance oversight. Advisors and compliance staff are able to collaborate more efficiently and productively, creating more collegial relationships.
Each module provides multi-level review options, real-time reporting, and detailed auditing tools keeping RIAs compliant with the regulatory landscape. Pinpoint Global's Gold Record storage means data is encrypted, fully redundant, and accessible anytime should a firm be audited.
Pinpoint Global has bundled the three most popular modules into The Core for efficiency and savings. The Core includes Annual Account Review, Gifts and Entertainment, and Checks and Securities Blotters. RIA firms can add additional modules when needed.
Craig LeFeber, CCO of Bright Futures Wealth Management, LLC said, "Automating these compliance requirements will save our firm, and RIA firms like us, months of laborious work while providing us SEC 17(a)-4 gold record storage." Added Craig, "The Pinpoint solution fills a void in today's market."
For more information about Pinpoint Global's ComplianceConnect solution, contact Jay Stainsby at 716-465-6983 or email jstainsby@pinpointglobal.com.
Pinpoint Global is the recognized leader in on-demand, online training, and compliance solutions for financial service and health insurance companies.
Pinpoint Global's learning management system (LMS) is customized for companies to easily deliver required training and education to get salespeople, agents, and advisors ready to sell quickly with real-time tracking and reporting for administrators and users. Pinpoint Global's ComplianceConnect™ SaaS provides companies the security of knowing they can provide decision-ready data to deliver, monitor, and report to support SEC requirements. www.pinpointglobal.com
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SOURCE Pinpoint Global Communications | https://www.kxii.com/prnewswire/2022/07/19/pinpoint-global-launches-complianceconnect-solution-rias/ | 2022-07-19T12:10:56Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Attention Ironnet, Inc. ("Ironnet") (NYSE: IRNT) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between September 15, 2021 and December 15, 2021.
If you suffered a loss on your investment in Ironnet, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/ironnet-inc-loss-submission-form?prid=28375&wire=4
ABOUT THE ACTION: The class action against Ironnet includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had materially overstated its business and financial prospects; (ii) the Company was unable to predict the timing of significant customer opportunities which constituted a substantial portion of its publicly- issued FY 2022 financial guidance; (iii) the Company had not established effective disclosure controls and procedures to reasonably ensure its public disclosures were timely, accurate, complete, and not otherwise misleading; and (iv) as a result, the Company's public statements were materially false, misleading, and/or lacked any reasonable basis in fact at all relevant times.
DEADLINE: June 21, 2022
Aggrieved Ironnet investors only have until June 21, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.kxii.com/prnewswire/2022/06/13/class-action-alert-law-offices-vincent-wong-remind-ironnet-investors-lead-plaintiff-deadline-june-21-2022/ | 2022-06-13T10:54:42Z |
Police say teen never arrived at destination after getting in Uber vehicle
KNOXVILLE, Tenn. (WVLT/Gray News) – The Knoxville Police Department is looking for a teenage girl who has been missing for more than a week.
According to police, Desaray Thurmer, 17, left her home in an Uber but never arrived at her destination.
Police believe she may have been trying to get to a location on Avalon Drive, which is about 20 minutes away from her home.
Thurmer was last seen around 8 p.m. on Sept. 5. She is about 5′6″ with hazel eyes and brown hair.
Anyone with information is urged to contact East Tennessee Valley Crime Stoppers at 865-215-7165, online at easttnvalleycrimestoppers.org or via the P3 Tips mobile app.
The community guidelines posted on Uber’s website state riders must be at least 18 years old to ride alone.
“Account holders can’t request a ride or delivery for someone under the age of 18 who will not be accompanied by either the account holder or another adult during the ride,” the policy states.
WVLT reached out to Uber for a comment but didn’t receive a response.
Copyright 2022 WVLT via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/13/police-say-teen-never-arrived-destination-after-getting-uber-vehicle/ | 2022-09-13T19:07:27Z |
The program expands on the success of Regal digital collectibles that has resulted in seven million collectibles delivered to Regal App users.
KNOXVILLE, Tenn., June 30, 2022 /PRNewswire/ -- Regal today announces plans to extend the first-of-its-kind AR-only digital collectibles program with the Burbank based augmented reality platform, Moviebill. Created to enhance the moviegoing experience by providing fans with an innovative digital memento, 'Regal Collectible Tickets' are available beginning this week alongside the theatrical debut of Universal Pictures and Illumination Entertainment's 'Minions: The Rise of Gru.' Future AR tickets will be available for every major film release.
All Regal Crown Club members and other moviegoers who purchase a ticket through the Regal app will be sent a link to claim their digital collectibles via e-mail and push notifications. Collectibles are delivered in a specially developed digital case that opens to reveal the object in AR. After unboxing, users can access exclusive content via deeplinks only available through this collectible experience. The entire process happens natively within the Regal app on both Android and iOS devices.
"With digital experiences providing brands innovative new ways to interact with their fans, we at Regal plan to be at the forefront of this consumer engagement," says Chris Sylvia, VP Media for Regal. "Through our partnership with Moviebill, we provide unique and differentiated AR content, exclusive to our moviegoers, through the Regal app."
In 2021, Regal and Moviebill launched an initial beta test for releasing AR collectibles to ticket buyers at scale. The program delivered exclusive 3D wearables, props, and digital art paired with a playable AR experience across 33 unique drops, all tied to releases from every major film studio. The beta program delivered over seven million digital collectibles to fans and generated an average 23% photo save rate, along with an average 124 second AR dwell time per session.
"Augmented reality gives us the ability to create and deliver a new form of experience ownership for ultimate fans," says James Andrew Felts, CEO, Moviebill. "Via our partnership with Regal, we view web3 accessibility and content as a long-term opportunity. Rather than jumping into quick fads, we are systematically working to build customer on-ramps based on real market testing and critical mass adoption potential."
In addition to AR digital collectibles, Regal has, through Moviebill, released exclusive AR games and experiences that promote highly anticipated theatrical releases. In Q2 of 2022 alone, Regal released a game experience for 'Fantastic Beasts: The Secrets of Dumbledore' that allowed users to explore a full scale Room of Requirement. A narrative experience for the latest 'Dr. Strange' installment allowed moviegoers to travel the Multiverse to recover hidden objects. Most recently, a full lobby takeover for 'Jurassic World: Dominion' that brought lifesize dinosaurs from the franchise into the real world. Addition recent experiences include AR activations for 'Top Gun: Maverick', 'The Northman,' 'The Bob's Burgers Movie,' and 'Lightyear.'
About Regal:
Regal, a subsidiary of the Cineworld Group, operates one of the largest and most geographically diverse theatre circuits in the United States, consisting of 6,787 screens in 505 theatres in 42 states along with the District of Columbia and Guam as of June 30, 2022. We believe that the size, reach and quality of the company's theatre circuit provides its patrons with a convenient and enjoyable moviegoing experience. We are committed to being "The Best Place to Watch a Movie!" Additional information is available on Regal's website: REGmovies.com.
About Moviebill:
Founded by media entrepreneur James Andrew Felts in 2017, Moviebill is an Augmented Reality platform dedicated to blockbuster entertainment. The technology is powered by a proprietary SDK and CMS architecture that allows for highly functional, large scale AR content that can be released on a consistent schedule with immediate access to updates and changes. The platform reaches millions of Moviegoers monthly via an exclusive partnership with Regal Cinemas. Moviebill has released over 400 AR activations for studio content and global brands like Tencent, 3M, M&M's, Geico, and more.
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SOURCE Regal | https://www.wibw.com/prnewswire/2022/06/30/regal-launch-augmented-reality-collectible-tickets-moviegoers/ | 2022-06-30T21:44:24Z |
New statewide general education program to improve access in Kansas colleges
TOPEKA, Kan. (WIBW) - A new statewide general education program approved by the Kansas Board of Regents will improve access to the state’s public colleges and universities.
On Monday, June 20, the Kansas Board of Regents says members approved a systemwide general education policy. It said the policy fashions a standardized package of required general educational disciplines for students who pursue baccalaureate and transfer associate degrees in the state’s public higher education system.
“The general education program is a game-changing development for students in our system,” said KBOR Chair Cheryl Harrison-Lee. “It creates a more accessible pathway for transfer between community colleges and universities and enhances a student’s ability to chart a path through our system and complete their degree in a timely manner. This improves access for Kansans and most certainly bolsters affordability.”
KBOR said the systemwide general education program framework requires 34-35 credit hours organized into seven disciplines: English, Communications, Mathematics and Statistics, Natural and Physical Sciences, Social and Behavioral Sciences, Arts and Humanities and an institutionally designated area.
The Board noted that a student who wishes to transfer and satisfies all seven disciplines at a public community college or university in the Sunflower State will have completed their general education requirements at any other state public institution.
KBOR indicated the general education program creates a coordinated pathway for completion which simplifies academic advising processes for those who concurrently enroll, intend to transfer, have transferred, change majors, or are unsure of a major.
For more information about the Kansas Board of Regents, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/20/new-statewide-general-education-program-improve-access-kansas-colleges/ | 2022-06-20T20:32:43Z |
RADNOR, Pa., May 1, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against C3.ai, Inc. ("C3") (NYSE: AI). The action charges C3 with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of C3's materially misleading statements to the public, C3's investors have suffered significant losses.
CLICK HERE TO SUBMIT YOUR C3 LOSSES. YOU CAN ALSO CLICK ON THE
FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER:
https://www.ktmc.com/ai-class-action-
lawsuit?utm_source=PR&utm_medium=link&utm_campaign=ai
TO VIEW OUR VIDEO, PLEASE CLICK HERE
LEAD PLAINTIFF DEADLINE: MAY 3, 2022
CLASS PERIOD: DECEMBER 9, 2020 THROUGH FEBRUARY 15, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. at (484) 270-1453 or via email at info@ktmc.com
Kessler Topaz is one of the world's foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
C3'S ALLEGED MISCONDUCT
C3 is an artificial intelligence software company that offers software-as-a-service applications for enterprises in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally.
On February 16, 2022, Spruce Point Capital Management, LLC ("Spruce Point Capital") published a short-seller report on C3. In the report, Spruce Point Capital revealed that it found "multiple instances of claims made by C3 that appear to be exaggerated, or don't reconcile with our research findings." Specifically, the report indicates, among other things, that given shifty customer definition disclosures, there is a high probability that C3 is overstating its paying and active customer Inflated Technology Value. Additionally, Spruce Point Capital found that C3's implied market share of just 0.12% supports either market size inflation or its irrelevance in the industry sales cycle.
Following this news, C3's stock price fell $1.01 per share, or 3.93%, to close at $24.70 per share on February 16, 2022.
WHAT CAN I DO?
C3 investors may, no later than May 3, 2022 seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages C3 investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE
WHO CAN BE A LEAD PLAINTIFF?
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
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SOURCE Kessler Topaz Meltzer & Check, LLP | https://www.mysuncoast.com/prnewswire/2022/05/01/deadline-2-days-kessler-topaz-meltzer-amp-check-llp-reminds-c3ai-inc-ai-investors-filing-deadline-class-action-lawsuit/ | 2022-05-01T21:36:48Z |
Olivia Wilde served legal documents during on-stage presentation at Cinemacon
Published: Apr. 29, 2022 at 9:13 AM CDT|Updated: 1 hours ago
(CNN) - Olivia Wilde had an awkward experience at Cinemacon earlier this week.
The actress was on stage in Las Vegas Tuesday promoting her latest film, “Don’t Worry Darling,” when she was handed an envelope, with what some thought may be an unsolicited script.
According to People magazine, it was reportedly legal documents regarding her two children with ex-fiancé Jason Sudeikis.
Wilde looked at the paperwork briefly and then continued with her presentation about the movie.
A source told People Sudeikis had no idea the documents would be delivered in that manner.
Neither he nor Wilde has commented on the issue.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/04/29/olivia-wilde-served-legal-documents-during-on-stage-presentation-cinemacon/ | 2022-04-29T16:03:31Z |
ERIE, Pa., June 17, 2022 /PRNewswire/ -- Approximately 6.5 million car accidents happen in the United States each year, according to the U.S. Bureau of Transportation. You may know what to do if you're involved in a car accident. But do you know what to do if you witness one?
Erie Insurance cares about drivers' safety. Witnesses to car accidents can play a critical role in ensuring the victims' safety. They can also play a key role in assisting law enforcement and claims adjusters in getting the story straight.
Here are six things to do if you find yourself in that situation:
- Get out of harm's way. Before you offer assistance, make sure you're a safe distance from the crash and in a safe place where other drivers can avoid you. Put on your hazard lights before you get out of your car, make sure there aren't any dangers like downed power lines, broken glass or hazardous fluids. If there are, remain in your car until help arrives.
- Help secure the scene. If you have flares or emergency triangles, use them to alert others that danger is ahead. (One exception is if there's a gasoline leak, skip the flares.)
- Call 911. Even if the crash might not seem all that bad, it's best to call 911 and notify them of what happened.
- Check on the victims. Unless you're a trained medical professional and the situation is urgent, it's best not to move anyone who is injured. Doing so often causes more harm than good. Instead, let them know that help is on the way. A kind, reassuring voice can help steady victims' nerves during a stressful time.
- Take some photos. Victims may not be able to take photos, so take some if it's safe to do so. You may be asked for them later by the victims, claims adjusters and/or law enforcement.
- Give a statement and/or offer your contact information. If the police arrive, stick around to give a statement of what you witnessed. If they don't, give your contact information to those involved. Witnesses to car accidents are often called upon by insurance claims adjusters later.
If your car was one that was damaged, it's a good idea to call your insurance company ASAP to report the claim. Erie Insurance maintains a 24/7 toll-free line for you to report claims. When you purchase auto insurance from ERIE, we commit to being there when you need us. To learn more, talk to a local ERIE agent in your neighborhood.
According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 11th largest homeowners insurer, 13th largest automobile insurer and 13th largest commercial lines insurer in the United States based on direct premiums written. Founded in 1925, Erie Insurance is a Fortune 500 company and the 19th largest property/casualty insurer in the United States based on total lines net premium written. Rated A+ (Superior) by A.M. Best, ERIE has more than 6 million policies in force and operates in 12 states and the District of Columbia. News releases and more information are available on ERIE's website at www.erieinsurance.com.
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SOURCE Erie Insurance Group | https://www.wibw.com/prnewswire/2022/06/17/6-things-do-if-you-witness-car-accident/ | 2022-06-17T11:46:34Z |
- Interim analysis of B-Clear clinical study of bepirovirsen demonstrated end-of-treatment virologic response (VR) in patients with chronic hepatitis B
- Phase 3 clinical study evaluating bepirovirsen as a monotherapy is anticipated to start in the first half of 2023
- GSK to explore potential combination treatments to further reduce the global burden of chronic hepatitis B
CARLSBAD, Calif., June 25, 2022 /PRNewswire/ -- Ionis Pharmaceuticals, Inc. (Nasdaq: IONS), today announced that GSK presented positive results from an interim analysis of the Phase 2b B-Clear clinical study of bepirovirsen (formerly IONIS-HBVRx), an investigational antisense medicine for the treatment of patients with chronic hepatitis B virus (CHB).
The data were presented in an oral late-breaker session at the European Association for the Study of the Liver's (EASL) International Liver Congress™ 2022 in London, UK. The final results from the study will be submitted for presentation at a scientific congress later this year, and for publication in a peer-reviewed journal.
"Chronic hepatitis B represents a significant healthcare challenge for which there is particular need for new treatments that provide a longer-lasting solution. Data from the Phase 2b B-Clear study demonstrated the potential of bepirovirsen to provide rapid reductions in hepatitis B surface antigen in both patients not on nucleoside analogue treatment and those on stable NA therapy. These findings, together with results of previous clinical studies, support GSK's plan to initiate a Phase 3 clinical study evaluating bepirovirsen," said Sanjay Bhanot, M.D., Ph.D., senior vice president, chief medical officer and metabolic and liver franchise leader at Ionis.
In the study, 28% of patients on standard of care, which is stable nucleoside/nucleotide analogue (NA), and 29% of patients not on NA treatment, experienced a virologic response (VR) on 300 mg of bepirovirsen weekly, following 24 weeks of treatment. Virologic response is defined as serum/plasma levels of hepatitis B virus (HBV) DNA and hepatitis B surface antigens (HBsAg) below the lower limit of quantification. Up to 68% of patients on NA therapy and up to 65% of patients not on NA achieved HBsAg <100 IU/mL at the end of treatment.
End-of-treatment virologic responses were observed in patients with high or low baseline HBsAg levels, who were hepatitis B e-antigen (HBeAg) negative or positive, and who were receiving NA treatment or not, indicating that bepirovirsen has the potential to treat broad segments of the CHB population. Durability of the responses is being assessed.
Treatment-related serious adverse events (SAEs) were observed in <1% of patients receiving NA treatment and 1% of patients who were not on NA. SAEs were reported in 3% and 4% of patients receiving NA treatment and those who were not on NA, respectively. There were no clinically meaningful differences in adverse events across treatment arms in either trial.
Chronic hepatitis B infection is caused by HBV and is a major global health concern, affecting nearly 300 million people worldwide.i,ii
Currently, nucleoside/nucleotide analogues are the recommended first-line therapy for patients with chronic HBV because they can inhibit viral replication. However, they cannot clear the virus and must be taken for life. Bepirovirsen is uniquely designed to reduce HBV replication and suppress HBsAg which could potentially lead to functional cure, largely defined as sustained, undetectable levels of hepatitis B virus DNA and HBsAg in the blood with or without generating protective antibodies after a finite course of treatment.
GSK is also exploring combinations of bepirovirsen and other therapeutic modalities in the following trials. Combination treatments could increase functional cure rates in more patients, thereby further reducing the global disease burden of CHB. Trials include:
- Phase 2b trial of bepirovirsen in sequential combination with pegylated interferon (PegIFN) treatment
- Phase 2 trial of bepirovirsen in combination with GSK's chronic hepatitis B targeted immunotherapy
The B-Clear Phase 2b study is investigating the efficacy and safety of 12- or 24-weeks treatment with bepirovirsen in people living with CHB on stable NA treatment or not on NA treatment at study start. The primary endpoints are the proportion of patients achieving HBsAg levels below the Lower Limit of Quantification (LLOQ), and HBV DNA levels below LLOQ sustained for 24 weeks without rescue medication after end of treatment with bepirovirsen.
The study consists of two parallel cohorts, one for patients receiving NA treatment and the other for patients who were not on NA. Patients from each arm were randomized to 1 of 4 treatment arms within each cohort, with treatment administered weekly with or without loading doses (LD) on days 4 and 11:
- Bepirovirsen 300 mg with LD for 24 weeks;
- Bepirovirsen 300 mg with LD for 12 weeks then 150 mg for 12 weeks;
- Bepirovirsen 300 mg with LD for 12 weeks then placebo for 12 weeks;
- Placebo with LD for 12 weeks then bepirovirsen 300 mg without LD for 12 weeks.
In both cohorts, virologic responses were observed at the end of treatment:
- For those patients receiving NA treatment (n=227), 24 weeks treatment of 300 mg bepirovirsen weekly resulted in HBsAg < LLOQ and HBV DNA < LLOQ in 28% of patients at end of treatment.
- For patients not on NA (n=230), 24 weeks treatment of 300 mg bepirovirsen weekly resulted in HBsAg < LLOQ and HBV DNA < LLOQ in 29% of patients at end of treatment.
- The durability of these responses is being assessed.
Hepatitis B virus infection is a serious health problem that can lead to significant and potentially fatal health conditions, including cirrhosis, liver failure and liver cancer. Chronic hepatitis B infection is caused by the hepatitis B virus and is a major global health concern, affecting nearly 300 million people worldwide.i,ii Chronic HBV infection is one of the most common persistent viral infections in the world. Currently available therapies, although effective in reducing circulating HBV DNA in the blood, do not efficiently inhibit HBV antigen production and secretion.
Bepirovirsen (formerly IONIS-HBVRx), also known as GSK3228836, is an investigational antisense medicine Ionis designed to reduce the production of viral proteins associated with hepatitis B virus (HBV) infection and replication, including hepatitis B surface antigen, which is present in both acute and chronic infections and is associated with a poor prognosis in patients with chronic HBV infection. GSK licensed bepirovirsen from Ionis under a collaborative development and licensing agreement.
For more than 30 years, Ionis has been the leader in RNA-targeted therapy, pioneering new markets and changing standards of care with its novel antisense technology. Ionis currently has three marketed medicines and a premier late-stage pipeline highlighted by industry-leading cardiovascular and neurological franchises. Our scientific innovation began and continues with the knowledge that sick people depend on us, which fuels our vision of becoming a leading, fully integrated biotechnology company.
To learn more about Ionis, visit www.ionispharma.com and follow us on Twitter @ionispharma.
This press release includes forward-looking statements regarding Ionis' business and the therapeutic and commercial potential of Ionis' technologies, bepirovirsen and other products in development. Any statement describing Ionis' goals, expectations, financial or other projections, intentions or beliefs is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to certain risks and uncertainties, including those related to the impact COVID-19 could have on our business, and including but not limited to, those related to our commercial products and the medicines in our pipeline, and particularly those inherent in the process of discovering, developing and commercializing medicines that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such medicines. Ionis' forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements.
Although Ionis' forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by Ionis. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Ionis' programs are described in additional detail in Ionis' annual report on Form 10-K for the year ended Dec. 31, 2021, and the most recent Form 10-Q quarterly filing, which is on file with the Securities and Exchange Commission. Copies of these and other documents are available from the Company.
In this press release, unless the context requires otherwise, "Ionis," "Company," "we," "our," and "us" refers to Ionis Pharmaceuticals and its subsidiaries.
Ionis Pharmaceuticals® is a trademark of Ionis Pharmaceuticals, Inc.
i Trepo C, et al. Hepatitis B virus infection. Lancet. 2014 Dec 6; 384(9959): 2053-63. https://doi.org/10.1016/S0140-6736(14)60220-8
ii World Health Organization, https://www.who.int/news-room/fact-sheets/detail/hepatitis-b
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SOURCE Ionis Pharmaceuticals, Inc. | https://www.kxii.com/prnewswire/2022/06/25/ionis-announces-presentation-positive-phase-2b-data-chronic-hepatitis-b-treatment-easl-international-liver-congress/ | 2022-06-25T13:50:17Z |
Glass City Talent's first investment is a partnership with Talent Dynamics.
LOS ANGELES and PHOENIX and DALLAS, June 17, 2022 /PRNewswire/ -- Veteran broadcast executives Gary Brown and Patrick McCreery announced the formation of Glass City Talent, LLC today, a company that will invest in niche companies in the broadcast media industry. Brown and McCreery formed the partnership after working together as part of the Meredith Local Media Group senior leadership team until the company's sale in December 2021.
Glass City Talent's first investment and partnership is with Talent Dynamics, a leader in placement and coaching in the broadcast industry for over 30 years. Brown will become CEO at Talent Dynamics, and McCreery will lead in a business development role. Sandra Connell continues as the President of Talent Dynamics.
"I could not be more thrilled to welcome Gary and Patrick to our company and look forward to their contributions to help grow the company into the future," said Connell. "I have known them since they both started their broadcast management careers, and they are the perfect fit to serve our clients with their placement and coaching needs."
"I am so happy to be working with Patrick again on Glass City Talent and for our first investment to be with Talent Dynamics is very exciting," said Brown. "Sandra Connell has been a friend and mentor to me over the years, as she has for so many in the broadcast industry. I am pleased to partner with her on Talent Dynamics and help serve the great clients going forward."
McCreery added, "I am excited to work with Gary again in this venture, and partnering with Sandra and the team at Talent Dynamics is a great fit for us."
The origins of the name Glass City Talent go back to where Brown and McCreery grew up in Toledo, Ohio. Toledo earned the Glass City nickname when it was considered the glass manufacturing capital of the world. That's also where Brown and McCreery first met and worked together in a newsroom early in their careers.
Talent Dynamics (www.talentdynamics.com) has been the placement and coaching leader in the broadcast industry for over 30 years. They offer placement and coaching services. They also offer coaching services in other industries.
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SOURCE Talent Dynamics | https://www.wibw.com/prnewswire/2022/06/17/veteran-broadcast-executives-gary-brown-patrick-mccreery-announce-formation-glass-city-talent-llc/ | 2022-06-17T22:30:41Z |
DALLAS (KDAF) — Monday was filled with flooded roadways and a whole bunch of rain from what the National Weather Service center in Fort Worth is calling a record-breaking rain event in Dallas-Fort Worth. The rain began Sunday night and continued for much of Monday in North Texas.
This rain event appears to be second to a rain event back on September 4-5 in 1932 when the area saw a 9.57″ 24-hour precipitation total. The center says, “We’ve broken several records at DFW Airport following the significant rain event over the past 24 hours. August 21st-22nd, 2022, is now the second wettest 24-hour period, coming in at 9.19″! That’s only 0.38″ shy of the #1 record. Daily records were also broken for 8/21 and 8/22.”
Fort Worth Fire Department also chimed in about the record rain on social media saying, “Record Breaking Rainfall on 8/21-8/22. 2nd greatest 24-hour rainfall in DFW with 9.19″of rain (@NWSFortWorth), 174 high water investigations/rescues, 500 calls for service. This is a day we won’t soon forget. Stay safe, #FortWorth.”
So, what’s going to be happening on Tuesday? NWS Fort Worth said, “The heaviest rainfall has moved well east of our area, but we’ll see scattered showers and a few storms develop across North and Central TX through this aftn. Additional rain could cause flooding in urban areas, otherwise mostly cloudy with highs in the 80s. #txwx#dfwwx“ | https://cw33.com/news/local/dfw-saw-a-record-breaking-rain-event-on-monday-nws-fort-worth-says/ | 2022-08-23T20:35:22Z |
Memorial Park Cemetery hosts 13th annual Concert in the Park
Published: Sep. 18, 2022 at 11:09 PM CDT|Updated: 24 minutes ago
TOPEKA, Kan. (WIBW) - Memorial Park Cemetery hosted their 13th annual Concert in the Park Sunday.
Visitors enjoyed a live performance from the Topeka High School Drumline and local favorites, the King of Swings. They also had the chance to dance on a special dance floor and enjoy food & drinks.
“The cemetery is a place where the community gets together, and sometimes not always at the best of times”, John Newcomer, president of the Memorial Park Cemetery, said. “We want to offer an event that is uplifting and positive and enjoyable.”
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/19/memorial-park-cemetery-hosts-13th-annual-concert-park/ | 2022-09-19T04:33:56Z |
Blistering speeds at fastest Indy 500 qualifying since 1996
By JENNA FRYER
AP Auto Racing Writer
INDIANAPOLIS (AP) — Rain held off long enough to complete the first round of qualifying for the Indianapolis 500. It was a soupy day that still produced eye-popping speeds not seen in 26 years. A pair of young new IndyCar stars posted blistering qualifying averages over 233 mph in a flex of Chevrolet horsepower, while NASCAR star Jimmie Johnson qualified for his first Indy 500 and Andretti Autosport had a terrible day. Only spots 13 through 33 were locked in on Saturday. The top 12 return Sunday for a shootout for the pole. The top 12 consists of seven Honda drivers, including all five from Chip Ganassi Racing. | https://localnews8.com/sports/ap-national-sports/2022/05/21/blistering-speeds-at-fastest-indy-500-qualifying-since-1996/ | 2022-05-21T23:50:15Z |
South Carolina reserves Russell, Wesolek to transfer
COLUMBIA, S.C. (AP) — South Carolina reserves Eniya Russell and Elysa Wesolek both announced they were entering the transfer portal on Friday, less than a week after the Gamecocks celebrated a national championship. Russell is a 6-foot-1 sophomore from Baltimore who averaged less than eight minutes in her 23 appearances. Wesolek is a 6-1 senior from Charleston, South Carolina who averaged 3.4 minutes in her 21 games this season. Both players detailed their decisions on social media. | https://localnews8.com/sports/ap-national-sports/2022/04/08/south-carolina-reserves-russell-wesolek-to-transfer/ | 2022-04-09T01:23:07Z |
HONG KONG, July 4, 2022 /PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrates the successful launch of the inclusion of ETFs in Stock Connect with a virtual market open ceremony.
The virtual event, viewed by market participants, welcomed speeches from representatives that include regulators, exchange operators as well as securities registration and clearing institutions in Hong Kong and Mainland China, and culminated with a gong-striking ceremony to mark the start of trading.
HKEX Chief Executive Officer, Nicolas Aguzin, said: "The inclusion of ETFs in Stock Connect is great news and continues our commitment to enhance the vibrancy, diversity and attractiveness of our markets. It will also further strengthen Hong Kong's position as a superconnector between China and the world."
"ETFs are one of the fastest-growing segments on Hong Kong's markets. The inclusion of ETFs in Stock Connect signifies our ambition to enhance our ETF franchise, and reinforce Hong Kong's position as Asia's ETF marketplace," Mr Aguzin added.
Hong Kong's ETF market has one of the most diverse product offerings in Asia. As at the end of May 2022, the over 130 Hong Kong-listed ETFs traded over HK$11 billion a day, up from an average daily turnover (ADT) of HK$6.4 billion in 2020, with assets under management currently at over HK$430 billion. Adding eligible ETFs into Stock Connect will support the healthy development of ETFs in both the Hong Kong and Mainland China markets by expanding their respective investor bases.
Since its launch in 2014, the landmark Stock Connect programme has been instrumental in supporting the two-way capital flows into and out of Mainland China, and has become the preferred channel for international investors looking to access the A-share markets.
Stock Connect trading volumes performed well in the first quarter of 2022, with ADT of Northbound and Southbound trading at RMB105.9 billion and HK$35.5 billion respectively.
About HKEX
Hong Kong Exchanges and Clearing Limited (HKEX) is a publicly-traded company (HKEX Stock Code:388) and one of the world's leading global exchange groups, offering a range of equity, derivative, commodity, fixed income and other financial markets, products and services, including the London Metals Exchange.
As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between China and the rest of world, through its pioneering Connect schemes, increasingly diversified product ecosystem and its deep, liquid and international markets.
HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress it markets and the communities they support for the prosperity of all.
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SOURCE Hong Kong Exchanges and Clearing Limited (HKEX) | https://www.kxii.com/prnewswire/2022/07/04/hkex-celebrates-launch-etf-inclusion-stock-connect/ | 2022-07-04T08:06:12Z |
BOLIDEN, Sweden, June 30, 2022 /PRNewswire/ -- The Annual General Meeting in Boliden on April 28, 2022 resolved on an automatic share redemption procedure including a split of Boliden's shares, a so-called share split 2:1, whereby one existing share was divided into two shares. As previously communicated the number of shares and votes in Boliden therefore increased during May 2022 by 273,511,169 to 547,022,338.
The 273,511,169 redemption shares issued through the share split were redeemed during June 2022 as part of the redemption procedure. As of June 30, 2022, the number of shares and votes in Boliden therefore again totals 273,511,169.
For more information about the redemption procedure, please see Boliden's website www.boliden.com.
This information is information that Boliden AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on June 30, 2022.
For further information, please contact:
Klas Nilsson, Director Group Communications, phone: 070 - 453 65 88, klas.nilsson@boliden.com
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
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SOURCE Boliden | https://www.kxii.com/prnewswire/2022/06/30/change-number-shares-votes-boliden/ | 2022-06-30T08:05:47Z |
WAYNE, Pa., Aug. 29, 2022 /PRNewswire/ -- Renovus Capital Partners ("Renovus"), a Philadelphia-area based investment firm, announced today that it has hired seasoned investment banker, Ruchi Hazaray, as Principal. In this capacity, Ruchi will focus on growing Renovus' Education-focused investment sector.
Ruchi has worked in the Education industry for over a decade. Prior to joining Renovus, she was an investment banker at BMO Capital Markets for six years, focusing on the Knowledge and Talent sector. She spent the early part of her career working in the Education non-profit industry and remains passionate about driving impact through education.
"Ruchi is an experienced deal professional who will make a meaningful addition to our fast-growing firm. Her education sector expertise, passion for impact investing and industry relationships will be a great boost to our Education practice," commented Atif Gilani, Partner and Co-founder of Renovus. "She will bring targeted focus to this sector, which has been an essential pillar of Renovus' investing strategy since inception."
"Renovus began as a firm focused on Education and has an excellent track record in the sector. I am excited to take this work forward. My new role presents me with the opportunity to partner with great businesses and help transform them into best-in-class organizations driving positive social change," said Ruchi Hazaray. "I am thrilled to be a part of such an outstanding platform and team."
Founded in 2010, Renovus Capital Partners is an investment firm specializing in the Knowledge and Talent industries. Renovus, based in the Philadelphia area, manages over $1 billion across several investment vehicles. The firm's current portfolio includes over 25 U.S. based businesses specializing in education and training, B2B healthcare services, technology services and professional services. Renovus typically partners with founder-led businesses, leveraging its industry expertise and access to debt and equity capital to make operational improvements, pursue add-on acquisitions and oversee strategic growth initiatives. More information can be found at www.renovuscapital.com.
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SOURCE Renovus Capital Partners | https://www.wibw.com/prnewswire/2022/08/29/renovus-capital-names-ruchi-hazaray-principal/ | 2022-08-29T13:54:15Z |
Winter Weather Advisory issued April 12 at 2:46PM MDT until April 13 at 3:00AM MDT by NWS Pocatello ID
* WHAT…Snow expected. Total snow accumulations of 1 to 5
inches, with locally higher amounts. There will be a very
tight gradient from almost no snow to higher forecasted
amounts within the advisory area.
* WHERE…Mud Lake, INL, Craters of the Moon, Idaho Falls,
Pocatello, Blackfoot, Shelley, and Fort Hall.
* WHEN…Until 3 AM MDT Wednesday.
* IMPACTS…Plan on slippery road conditions. The hazardous
conditions could impact the evening commute.
Slow down and use caution while traveling.
The latest road conditions can be obtained by calling 5 1 1. | https://localnews8.com/weather/alerts-weather/2022/04/12/winter-weather-advisory-issued-april-12-at-246pm-mdt-until-april-13-at-300am-mdt-by-nws-pocatello-id/ | 2022-04-12T21:21:24Z |
NEW ORLEANS, June 6, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of GTY Technology Holdings Inc. (NasdaqCM: GTYH) to GI Partners. Under the terms of the proposed transaction, shareholders of GTY will receive only $6.30 in cash for each share of GTY that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqcm-gtyh/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.mysuncoast.com/prnewswire/2022/06/07/gty-technology-investor-alert-by-former-attorney-general-louisiana-kahn-swick-amp-foti-llc-investigates-adequacy-price-process-proposed-sale-gty-technology-holdings-inc-gtyh/ | 2022-06-07T03:53:25Z |
Man dies in Lake Texoma drowning incident
Published: Jul. 25, 2022 at 10:20 AM CDT|Updated: 38 minutes ago
BRYAN COUNTY, Texas (KXII) - A man drowned in the Willow Springs area of Lake Texoma in Bryan County Friday afternoon.
Police said Plinio Vargas, 57, of Dallas, was floating on an air mattress when the wind drifted him north away from the shoreline around 3:45 p.m. He began swimming, but went under water and never resurfaced.
His body was found in 7 feet of water, 175 feet northwest from the shoreline.
Plinio was transported to AllianceHealth Durant hospital, where he was pronounced dead.
Police said the victim did not use a floatation device at the time of the incident.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/07/25/man-dies-lake-texoma-drowning-incident/ | 2022-07-25T16:00:06Z |
Family Promise of East Bell County has announced Jenny Harvey, a former board member for the nonprofit organization, as its director of operations.
This new role was created in preparation for the upcoming completion of the Promise House.
“Over the past year Family Promise has been advancing rapidly towards its future model of work with children and families who are homeless in Bell County by constructing the Promise House, a new 7,000-square-foot building,” the nonprofit said in a news release. “A larger building on the new campus means many more volunteers to serve the families in the added infrastructure.”
The $1.3 million expansion, which will more than double its serving capacity, will feature seven bedrooms with private bathrooms for guest families, three staff offices, two volunteer bedrooms, a classroom, a living room, a dining room, a kitchen, a pantry, a laundry room and a back patio space.
It is expected to be completed by Halloween.
Harvey — a Temple High School alumna who worked at Baylor Scott & White for more than 20 years — emphasized her excitement to begin assisting with the transition.
“In my five years with Family Promise, I’ve seen this organization bring our community together, uniting people from different backgrounds to volunteer and serve our unhoused neighbors with meals, encouragement and deep friendship,” she said. “I’m grateful to be a part of this expansive work that provides dignity, empowerment and stability for families in our community. As our network of families grows and faces challenges including an increased cost of living, our work to serve our neighbors becomes even more vital. I look forward to working with hundreds of community volunteers in this new position.”
Rucker Preston, the executive director of Family Promise of East Bell County, called the role “huge.”
“Not only are we about to double the number of families served on an annual basis, the volunteer opportunities will also triple,” he said. “Jenny’s work to lead the volunteers, who will share meals and stay overnight with the guest families 365 days a year, is a major component of her work.”
Harvey, a mother of four who has served as a volunteer coordinator for her church, also will spearhead a variety of projects and initiatives from the new facility.
“Jenny’s experience with Family Promise and the community is an enormous asset and we could not be happier to have her in leadership here,” Preston said. | https://www.tdtnews.com/news/central_texas_news/article_58e7830e-2c04-11ed-b8d6-373045c872b2.html | 2022-09-04T04:16:59Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Ironnet, Inc. (NYSE: IRNT) alleging that the Company violated federal securities laws.
Class Period: September 15, 2021 to December 15, 2021
Lead Plaintiff Deadline: June 21, 2022
No obligation or cost to you.
Learn more about your recoverable losses in IRNT:
https://www.kleinstocklaw.com/pslra-1/ironnet-inc-loss-submission-form?id=28121&from=4
Ironnet, Inc. NEWS - IRNT NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Ironnet, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had materially overstated its business and financial prospects; (ii) the Company was unable to predict the timing of significant customer opportunities which constituted a substantial portion of its publicly- issued FY 2022 financial guidance; (iii) the Company had not established effective disclosure controls and procedures to reasonably ensure its public disclosures were timely, accurate, complete, and not otherwise misleading; and (iv) as a result, the Company's public statements were materially false, misleading, and/or lacked any reasonable basis in fact at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Ironnet you have until June 21, 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 Ironnet 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 IRNT lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/ironnet-inc-loss-submission-form?id=28121&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.mysuncoast.com/prnewswire/2022/06/07/irnt-alert-klein-law-firm-announces-lead-plaintiff-deadline-june-21-2022-class-action-filed-behalf-ironnet-inc-shareholders/ | 2022-06-07T10:04:03Z |
NEEDHAM, Mass., Sept. 1, 2022 /PRNewswire/ -- Needham Bank announced that Blake Bamford has joined the Commercial & Industrial (C&I) Lending group as Senior Vice President Structured Finance Relationship Manager. Mr. Bamford has over 13 years of experience in financial services, with expertise in C&I lending and customer relationship management.
He will evaluate, authorize and recommend approval for commercial loans that are generally greater than $10 million in commitment size. He also will assist James Daley, Senior Vice President-Structured Finance with the build-out of the Bank's C&I Structured Finance segment.
From 2013 to 2022, Mr. Bamford worked at Customers Bank, in a variety of roles. Most recently, he was Senior Vice President, where he managed over $210 million in total commitments. Prior to that, he was the Vice President, Relationship Manager.
"I am thrilled to be joining a bank and a team that are experiencing such incredible growth," said Mr. Bamford. "I know the Structured Finance team has already closed some impressive renewable energy deals, and I am looking forward to using my knowledge to help expand the portfolio."
"I am incredibly pleased to welcome Blake to the Needham Bank," commented Mr. Daley. "Blake is bringing extensive industry experience and success, which will make him a great addition to the team and help us to continue to build out the Structured Finance practice."
In addition to his work experience, Mr. Bamford has a Bachelor of Science degree in finance from the University of Maine and an MBA from the University of Massachusetts Lowell. He also received his certificate in fundamentals of credit analysis from the Massachusetts Bankers Association. Mr. Bamford volunteers for the North Andover Soccer Association as a youth soccer head coach.
Needham Bank offers an array of tech-forward products and services that businesses and consumers use to manage their financial needs. We have the financial expertise typically found at much larger institutions and the local knowledge and commitment you can only find at a community bank. Known as the "Builder's Bank," Needham Bank has been helping individuals, businesses and non-profits build for their futures since 1892. For more information, please visit https://NeedhamBank.com. Needham Bank is a member of FDIC and DIF.
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SOURCE Needham Bank | https://www.mysuncoast.com/prnewswire/2022/09/01/blake-bamford-joins-needham-bank-senior-vice-president-structured-finance-relationship-manager/ | 2022-09-01T19:04:25Z |
MIAMI GARDENS, Fla. (AP) — Naomi Osaka’s eyes welled with tears when her match ended, an all-too-familiar scene for her in recent years.
These were of the happy variety.
For the former world No. 1, that’s major progress.
The unseeded Osaka defeated No. 22 Belinda Bencic 4-6, 6-3, 6-4 on Thursday in the Miami Open semifinals. She’s in a championship match for the first time since the 2021 Australian Open, and will meet No. 2 Iga Swiatek for the title on Saturday.
“Damn, I’m almost crying,” Osaka said after her match.
Maybe not even almost. She hid her face in an orange towel a few times following the final point, at least one tear clearly making its way down her right cheek. Osaka entered this tournament ranked No. 77 in the world, will leave Miami no worse than 36th and would be back in the top 30 if she wins the title.
It has been a long, trying and often emotional ride for Osaka since her win in the 2018 U.S. Open final over Serena Williams. She was rattled during a loss at Indian Wells on March 12 following a derogatory shout from a spectator, withdrew from last year’s French Open to address her mental state and left last year’s U.S. Open in tears.
But in South Florida, one of the places she considers home, it’s been all support from the fans.
“From the bottom of my heart, thank you,” Osaka told them in her on-court interview.
Swiatek — who will replace the now-retired Ashleigh Barty as the No. 1-ranked women’s player in the world next week — beat Jessica Pegula 6-2, 7-5 in the other women’s semifinal on Thursday night.
Meanwhile, Daniil Medvedev came into the tournament as the No. 2-ranked men’s player in the world. Hubert Hurkacz ensured he will stay there.
Hurkacz — the No. 8 seed and defending Miami champion — wore down the top-seeded and cramp-riddled Medvedev 7-6 (7), 6-3 on Thursday in a men’s quarterfinal.
“Every muscle just went ‘cramp, cramp, cramp, cramp,'” Medvedev said.
Had Medvedev prevailed, he would have overtaken Novak Djokovic on Monday and returned to No. 1 in the world rankings. Instead, the Russian will stay No. 2 in the world and find out who wins the Miami title on Sunday like everyone else.
“For me, it was more important in a way just to win the match itself than to become No. 1,” Medvedev said. “Winning the match, I saw it more as a bonus.”
Hurkacz, who is from Poland, will next meet No. 14 Carlos Alcaraz of Spain in the semifinals. Alcaraz defeated unseeded Miomir Kecmanovic of Serbia 6-7 (5), 6-3, 7-6 (5) on Thursday night in the last men’s quarterfinal.
“I was returning pretty well, I was putting some pressure on his serves and that was helping my game,” Hurkacz said. “I was able to get some free points on my serve and that was pretty big.”
The other semifinal pits sixth-seeded Casper Ruud of Norway against unseeded Francisco Cerundolo of Argentina.
Hurkacz has played Medvedev four times, and Medvedev has been ranked No. 2 in the world in each of those meetings — which they’ve now split. Hurkacz improved to 14-5 this year, and his record in Miami is 12-1 all-time.
“Coming here is so much fun,” Hurkacz said.
___
More AP tennis: https://apnews.com/hub/tennis and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/hurkacz-wears-down-medvedev-in-miami-denies-him-no-1-rank/ | 2022-04-01T18:11:37Z |
Reparations experts and advocates largely welcomed a move by California to publicly document its role in perpetuating discrimination against African Americans but wondered if the slew of recommendations in its report released this week will result in measurable change.
“The danger here is that everyone reads it and nods their heads and waits on the task force to initiate the response,” said Justin Hansford, a longtime reparations advocate and professor of law at Howard, who called the report an exciting development. “We need to have universities, local governments, businesses and others working together to do their part to address some of the recommendations,” said Hansford, who also serves as the director of the Thurgood Marshall Civil Rights Center in Washington, D.C.
The 500-page document released Wednesday details the harms suffered by descendants of enslaved people and how federal, state and local laws, public officials and the courts were active in sustaining systemic racism in all facets of life for African Americans, despite the abolition of slavery in the 19th century.
The California Task Force to Study and Develop Reparation Proposals for African Americans, which was created by Gov. Gavin Newsom in 2020, recommended a long list of actions the state can take to address the racial wealth gap, including housing reforms, reducing mass incarceration, creating a state-subsidized mortgage program for qualifying African American applicants and by offering free tuition to California colleges and universities and expanding scholarship opportunities.
“This country has ignored the harmful history the African American community has faced in this country and the inequities the community continues to face for far too long. This is a monumental moment not only for the State of California but the United States,” said Rick Callender, president of the California Hawaii State Conference NAACP in Sacramento, California.
“When reports such as these are created for the first time in the nation’s history, they are a compelling model for other states to address the same issues. As California goes, so goes the nation,” Callender said in a statement to The Associated Press.
The task force, which began meeting in June 2021, will release a comprehensive reparations plan next year. The committee voted in March to limit reparations to the descendants of African Americans living in the U.S. in the 19th century, overruling advocates who wanted to expand compensation to all Black people in the U.S.
But activist Yvette Carnell said she worries that the California report and others like it could be used as a scapegoat for the federal government to avoid its responsibility to fund a national reparations movement.
“I’m not opposed to this, because I think it is all for a good reason, but I would rather see these reparations commissions use that as leverage to force the federal government to do something,” said Yvette Carnell, president of ADOS Advocacy Foundation. The Georgia-based grassroots organization, which began in response to a question about Black wealth, has advocated for reparations since 2018.
“My fear is that all of these states will end up maybe doing something and the government at the federal level will say we support local reparations initiatives. When, truthfully, the only government that has trillions of dollars to pour resources into our community and pay us what was owed is the federal government,” said Carnell.
Carnell said it feels like the report took every recommendation from Black people around the U.S. and put it all in one report, arguing it could be seen as a “Black agenda.” But she said she wants to see specific efforts to financially repay what was taken from enslaved people and their descendants, not just repaying them by creating the kinds of programs and offices that are recommended in the report.
California was the first state to create a task force on reparations. The Chicago suburb of Evanston, Illinois, became the first city to make reparations available to Black residents last year through a $10 million housing project. Cities and universities have since followed.
Evanston Councilmember Bobby Burns, who is on the city reparations committee, commended California for being the first state to take action.
“No one wants to be the first out of the gate and be the first to endure a level of scrutiny that is almost certain when you are doing anything that is truly transformational,” he said. “To have now a state step up … and not only acknowledge wrongdoing but to provide redress for that harm because they’re responsible for it is important in the same way that it is important for a city to take the lead on it.”
Hansford, whose organization provided legal and research support to the city of Evanston, said having local communities tell their stories is important for educating people on why reparations are necessary.
California is home to the fifth-largest Black population in the U.S., after Texas, Florida, Georgia and New York, the report said. An estimated 2.8 million Black people live in California. African Americans make up less than 6% of California’s population, although it is unclear how many are eligible for direct compensation.
___
Mumphrey reported from Phoenix and is a member of The Associated Press’ Race and Ethnicity team. Follow her at https://twitter.com/cheymumph.
Associated Press journalist Janie Har in San Francisco contributed to this report. | https://cw33.com/news/ap-top-headlines/after-groundbreaking-slave-reparations-report-what-next/ | 2022-06-02T22:44:48Z |
DUBLIN, Ireland, June 13, 2022 /PRNewswire/ -- ProVerum Limited, an Irish medical device company developing a minimally invasive solution to treat benign prostatic hyperplasia (BPH) in the doctor's office, today announced the commencement of the ProVIDE pivotal clinical trial to evaluate the safety and effectiveness of the ProVee System, a nitinol expander designed to gently re-shape the enlarged prostate and alleviate the symptoms caused by BPH. The first procedure was successfully performed by Sijo Parekattil, M.D., Principle Investigator at Avant Concierge Urology, Winter Garden, Florida.
According to Dr Parekattil, "The ProVee procedure is straightforward and comfortably performed in a doctor's office." He continued, "I see many patients whose quality of life are adversely impacted by the symptoms associated with an enlarged prostate and the ProVee System represents an exciting new alternative for BPH treatment."
Steve Kaplan, M.D., Professor of Urology at the Icahn School of Medicine at Mount Sinai in New York is the Global Lead Investigator for the ProVIDE study. "The ProVee System has the potential to be an effective treatment for BPH that can be safely and reliably performed in the office setting" said Dr. Kaplan. "This international, multi-center clinical study will thoroughly evaluate the safety, efficacy and long-term durability of the ProVee device and I look forward to presenting the data from this large controlled clinical trial."
About the ProVIDE Study
The ProVIDE clinical trial is a prospective, multi-center, double-blind controlled study to evaluate the safety, performance, and effectiveness of the ProVee System in patients with lower urinary tract symptoms secondary to BPH. 225 subjects, enrolled across 18 investigational sites in the US and 4 International sites, will be randomized to either receive
the ProVee System or undergo a sham procedure. After three months, patients will be unblinded and participants who underwent the sham procedure and meet the study inclusion criteria will be eligible to receive treatment with ProVee. Primary effectiveness will be evaluated using the International Prostate Symptom Score (IPSS) and based on the change from the subject's baseline measurement to those at three and twelve months.
About ProVerum Limited
ProVerum Limited is an innovative Dublin based SME, founded in 2016 and focused on the development of novel minimally invasive technologies to treat BPH. The ProVee System is an investigational device and is not approved for commercial sale. For more information, please visit www.proverummedical.com
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SOURCE ProVerum | https://www.kxii.com/prnewswire/2022/06/13/proverum-first-enrolment-provide-clinical-study-bph-treatment/ | 2022-06-13T10:57:13Z |
Celebrating its 115th Anniversary, LA Auto Show Will Showcase Unprecedented Influence of Electrification
LOS ANGELES, Aug. 2, 2022 /PRNewswire/ -- The Los Angeles Auto Show®, the leading automotive and lifestyle in-person event, announced today that registration is open for Automobility LA®, its annual gathering for both media and industry professionals. Scheduled for November 17 at the Los Angeles Convention Center, the LA Auto Show's press and B2B gathering will showcase global automotive industry innovation and growth, emphasizing electrification as its central pillar.
Taking place in the nation's foremost zero-emissions vehicle market (JD Power, May 2021), AutoMobility LA is the preeminent destination for media, auto and tech companies, influencers, and policymakers to convene, witness, and discuss the latest in transportation innovation. Qualified media and industry professionals interested in attending AutoMobility LA 2022 are invited to register for passes at automobilityla.com/register.
Celebrating its 115th anniversary, LA Auto Show® remains as influential to the North American automotive industry as any time in its history. At the center of the largest car-buying market in North America for both gas-powered and electric vehicles, LA Auto Show and Automobility LA® offer vital perspective and foresight into how the rest of the country and the global market will soon look.
"As electrification continues to grow in prominence through both legacy OEMs and start-ups, it will play a key role in this year's show alongside mainstream gas-powered vehicles as the global automotive landscape continues to evolve," said LA Auto Show President, Terri Toennies. "We look forward to announcing significant debuts as momentum builds toward AutoMobility LA."
More comprehensive details pertaining to vehicle unveilings, manufacturer participation and significant announcements will follow in the upcoming weeks and months.
To learn more about AutoMobility LA, to book accommodations with the show's partner hotels, as well as information about media and industry credentials, please visit: AutoMobilityLA.com.
Following AutoMobility LA, the 2022 LA Auto Show will open its doors for 10 days from Friday November 18 thru Sunday November 27 to allow hundreds of thousands of consumers to comparison shop, test drive the latest vehicles, and immerse themselves in Southern California's largest annual car culture showcase.
For information about the LA Auto Show, please visit www.LAAutoShow.com.
Founded in 1907, the Los Angeles Auto Show (LA Auto Show®) is widely recognized as one of the most influential shows globally. Reflective of its location, the show celebrates the love affair Angelenos have with their cars and offers a global platform to industry technology and innovation, synonymous with California.
The show runs for 10 full days over the Thanksgiving period and is a must-attend destination for many industry influencers, car enthusiasts and families wanting to enjoy a day out over the holiday season. Held annually at the Los Angeles Convention Center, the LA Auto Show contributes several hundred million dollars to the local economy, stimulates the local job market, and is the number one revenue generator for the LA Convention Center.
Taking place on November 17, AutoMobility LA media and industry days will include a range of groundbreaking industry announcements and reveals. Doors open to the public November 19-28. LA Auto Show is owned and operated by ANSA Productions. To receive the latest show news and information, follow the LA Auto Show on Twitter, Facebook or Instagram and sign up for alerts at http://www.laautoshow.com/.
For press inquiries, email Jeff Perlman at media@laautoshow.com.
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SOURCE Los Angeles Auto Show | https://www.kxii.com/prnewswire/2022/08/02/la-auto-show-2022-opens-registration-automobility-la-its-global-media-day-industry-gathering/ | 2022-08-02T17:56:52Z |
Since 2007, UHCCF has provided $62.2M in medical grants for children's medical expenses
MINNEAPOLIS , June 21, 2022 /PRNewswire/ -- UnitedHealthcare Children's Foundation (UHCCF) announced today that it has awarded its 30,000th grant, continuing its mission to provide medical grants to enhance the quality of life of children across the United States.
Since 2007, UHCCF has provided more than $62.2M in medical grants to pay for children's medical expenses not covered, or not fully covered, by a commercial health insurance plan. UHCCF's funding is provided by contributions from individuals, corporations, and UnitedHealth Group employees.
Junior, the recipient of the 30,000th grant is now 12 and received the $2,000 grant to help cover the costs of speech and occupational therapy services, physical therapy, and hospital services. When he was six years old, he was diagnosed with epilepsy. Junior has been seizure-free since July of 2019 but still has follow-up appointments, studies, and therapies to maintain. His most recent large medical expense was a hospital stay for a sleep study at Dell Children's Hospital in Austin, TX.
"We are grateful to get this assistance to help us pay for the medical expenses," said Joan, Junior's mom. "It will allow us to focus more on enjoying our time as a family instead of worrying about more bills."
UHCCF has provided four grants, totaling $6,500, to Junior's family, helping with hospital bills as well as physical and occupational therapies. Junior has found great success with his new physical therapy program, and his family is both excited and grateful for having been selected as the 30,000th grant recipient.
"UnitedHealthcare Children's Foundation is committed to helping improve the health of children and lessen some of the stress that affects entire families," said UHCCF President Matt Peterson. "We are grateful to Junior's family for allowing us to be a part of their story and look forward to supporting his therapy and healing journey."
To celebrate this milestone, UHCCF will kick off its #UHCCFMakeASplash campaign on July 1. Participants are encouraged to "make a splash" in celebration of the UHCCF 30,000th grant on Instagram then nominate others to keep the momentum going and tagging #UHCCF and #UHCCFMakeASplash. UnitedHealthcare and Optum will match each splash with a $1 donation to support future grants.
UHCCF has set a goal to award its 50,000th medical grant in 2030, further adding to its reach and commitment to helping children and their families across the United States. UHCCF grants help pay for a variety of medical services and equipment such as physical, occupational and speech therapies, counseling services, surgeries, prescriptions, wheelchairs, cranial helmets, orthotics, and hearing aids. Families can receive up to $5,000 annually per child ($10,000 lifetime maximum per child), and do not need to have insurance through UnitedHealthcare to be eligible.
Please visit www.uhccf.org to donate, apply for a grant or learn for more information.
UnitedHealthcare Children's Foundation (UHCCF) is a 501(c)(3) charitable organization that provides medical grants to help children gain access to health-related services not covered, or not fully covered, by their family's commercial health insurance plan. Families can receive up to $5,000 annually per child ($10,000 lifetime maximum per child), and do not need to have insurance through UnitedHealthcare to be eligible. Since 2007, UHCCF has awarded more than 30,000 grants valued at over $62.2 million to children and their families across the United States. UHCCF's funding is provided by contributions from individuals, corporations, UnitedHealth Group, and its employees. Visit uhccf.org for more information.
Media Contact:
Mark Ladley
mladley@slicecommunications.com
267-644-9077
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SOURCE UHCCF | https://www.mysuncoast.com/prnewswire/2022/06/21/unitedhealthcare-childrens-foundation-awards-30000th-grant/ | 2022-06-21T19:26:19Z |
ATLANTA, May 17, 2022 /PRNewswire/ -- 11TEN Innovation Partners is proud to announce that it has received a second annual Pacesetter Award as designated by the Atlanta Business Chronicle. Each year, the publication compiles a list of the top 100 fastest growing private companies in Atlanta's 20-county metro area based on sales growth and revenue. The companies selected must experience a two-year growth in sales of more than 50% and garner revenue between $1 million and $300 million in 2021. 11TEN Innovation Partners is proud to be listed for the second year in a row. Since 2020, 11TEN has grown its employee base 233% and seen revenue growth of 175%.
"Over the past year, we have grown our cross-functional team to deliver world-class innovation, strategy, venture consulting, and product delivery for our client partners to drive growth and innovation in healthcare. We are incredibly proud of the team and honored to be included on a list with so many great Atlanta-companies for the second year in a row. We have exciting plans for the future of the firm and our partners!" James Lewis, co-founder and CEO of 11TEN Innovation Partners.
About 11TEN Innovation Partners
11TEN is an innovation consulting firm that powers innovation, venture, and strategy for healthcare and technology Fortune 500 companies. The company is transforming the healthcare innovation space by building collaborative, interdisciplinary partnerships across industries to identify real-world problems and innovate novel solutions that are enabled through an ecosystem approach. 11TEN works closely with organizations like Emory Healthcare, Philips, Novo Nordisk, and Verizon to accelerate solutions to market and foster cross-industry partnerships.
For more information on 11TEN Innovation Partners and its collaborative approach, visit www.11TEN.com.
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SOURCE 11TEN Innovation Partners | https://www.mysuncoast.com/prnewswire/2022/05/17/11ten-innovation-partners-named-one-atlantas-fastest-growing-companies-two-years-running/ | 2022-05-17T17:36:49Z |
Focus on epigenetics, neurovascular health, and other novel approaches
CLEVELAND, June 17, 2022 /PRNewswire/ -- Harrington Discovery Institute at University Hospitals and the Alzheimer's Drug Discovery Foundation (ADDF) announce a joint request for proposals for the 2022 ADDF-Harrington Scholar Award. The ADDF-Harrington Scholar Award is designed to accelerate the translation of innovative research that could treat, prevent, or slow Alzheimer's disease or related dementias.
The Request for Proposal (RFP) is open to academic investigators at accredited medical centers, research institutions, and universities in the United States, Canada, and the United Kingdom. Researchers working on drug development programs that are relevant to, but not presently focused on, the Alzheimer's field are also encouraged to apply. This award provides a combination of financial support and expert drug development guidance to provide the best chance to move research beyond the bench to the bedside.
"The ADDF-Harrington partnership supports researchers in moving academic discoveries toward clinical trials, bringing the science one step closer to developing effective treatments for people living with and at risk of Alzheimer's," said Howard Fillit, MD, Co-Founder and Chief Science Officer of the ADDF. "Our focus on novel treatment approaches will add to the promising pipeline of drugs that target the many different biological pathways that contribute to Alzheimer's. The ultimate goal is to develop an arsenal of effective treatments that we can combine in different ways to personalize care tailored to each patient's needs."
"This is a tremendous opportunity for innovative researchers who are seeking to develop ways to protect and treat patients with Alzheimer's disease and related dementias," said Andrew A. Pieper, MD, PhD, Director, Center for Brain Health Medicines at Harrington Discovery Institute, Morley Mather Chair in Neuropsychiatry at University Hospitals and Rebecca Barchas, MD, Chair in Translational Neuropsychiatry at Case Western Reserve University. "The ADDF-Harrington Scholar Award demonstrates our commitment to developing diverse new classes of medicines that are not otherwise traditionally pursued in the field."
The 2022 ADDF-Harrington Scholar RFP places high priority on targets related to emerging therapeutic areas for dementia and is particularly seeking projects related to:
- Epigenetics – including nucleosome dynamics, chromatin remodeling, DNA methylation, histone modifications [methylation, acetylation, phosphorylation, ubiquitylation, sumoylation], bromodomain protein modulators, isocitrate dehydrogenase modulators.
- Neurovascular Health – including blood brain barrier function and integrity, cerebral hypoperfusion, nutrient supply to the brain, endothelial interaction with pericytes and astrocytes.
Other novel targets are encouraged. These include, but are not limited to, the following:
- Proteostasis
- Neuroprotection
- Synaptic activity and neurotransmitters
- Inflammation
- Mitochondria and metabolic function
- ApoE
- Other aging targets (e.g. senescent cells)
Award recipients will receive financial support up to $600,000 over two years, as well as dedicated drug development and project management support. Proposals should offer creative science or novel approaches to treat, prevent, or slow Alzheimer's disease or related dementias. Letters of Intent (LOI) will be accepted through July 18, 2022 5:00 pm EDT. LOI applications must be submitted online here.
We encourage an interactive application process in efforts to solicit the best applications. Scientific inquiries can be directed to either:
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SOURCE Harrington Discovery Institute | https://www.wibw.com/prnewswire/2022/06/17/alzheimers-drug-discovery-foundation-harrington-discovery-institute-invite-proposals-2022-addf-harrington-scholar-award/ | 2022-06-17T21:00:40Z |
Linktree launches new Web3 features to continue to empower creators
MELBOURNE, Australia, May 17, 2022 /PRNewswire/ -- Linktree, the link-in-bio category leader enabling creators to streamline their online identity and monetise their following, today announced a new set of NFT features for creators in the Web3 space. Linktree users can seamlessly showcase NFTs and build a community around ownership, adding more value to creators across the digital universe.
While Web3 remains at a nascent stage, it offers creators tremendous power through new models of patronage, future investment and ownership. With the introduction of the new NFT capabilities, Linktree is solidifying its commitment to empower the creator community by enabling new ways for creators to monetise their craft and curate a digital identity. Several of the features specified below were developed in partnership with OpenSea, the world's largest NFT marketplace.
Following Linktree's recent $110M USD raise, the business is focusing on introducing new revenue streams and creating further value for creators and brands. With a significant and continuously growing creator base with a strong affinity for Web3, Linktree is excited to empower these individuals to showcase, curate, and grow these digital offerings.
Linktree's Web3 features include:
- NFT Gallery Link: The NFT Gallery link allows Linktree users to showcase NFTs right on their Linktree. Creators can add the URL of an OpenSea collection to generate a preview, and have the option of connecting their Metamask wallets to verify ownership of the collection. Alternatively, creators can connect their Metamask wallets and pick up to six owned NFTs to display them in the NFT gallery. Visitors can then click through to OpenSea to view and purchase the available NFTs.
- NFT Profile Image and Background: By connecting their wallet, creators can use their NFTs as their profile images or backgrounds on their Linktree. Verified NFTs will be displayed in a hexagonal frame to make them stand apart as profile images, and backgrounds will have a verification badge at the bottom of the creator's Linktree. Visitors can then click to find out more about the NFT on Linktree. Linktree is leveraging OpenSea and Metamask to power this verification.
- NFT Lock: NFT creators can lock their links using a smart contract address. Only visitors who own NFTs from a particular collection can unlock the link by connecting their wallets to prove ownership. This feature allows creators to make the distribution of benefits easier, thus making it more worthwhile to own an NFT from their collection.
Alex Zaccaria, co-founder and CEO of LInktree, shared: "Web3 and the power of blockchain has granted creators exciting ways to monetise their passions and build their community. As the creator ecosystem migrates towards this new iteration of the internet, Linktree is excited to provide a home for creators to aggregate their digital assets and showcase what's important to them."
Regarding the partnership between Linktree and OpenSea: "Linktree is hyper-focused on empowering all creators through partnerships & integrations with the platforms they rely on to grow and monetise," says Nick Rizzuto, Head of Partnerships & Innovation at Linktree. "Millions of people have chosen Linktree as their 'digital home' to bring together what's most important to them, and so we wanted to give users a tangible means to display their digital art. OpenSea has been at the forefront of introducing the world to NFTs and is already widely popular on Linktree, so they were a natural partner to help power this functionality."
Ryan Foutty, VP of Business Development at OpenSea adds "The new Linktree x OpenSea integration allows users to prominently display the work they've created or proudly collected, now just one click away on Linktree. We know many NFT creators and collectors already use Linktree to link to their collections on OpenSea, and we're excited that the Linktree integration makes NFT displays that much more seamless and engaging."
Linktree is dedicated to supporting diversity, equity, and inclusion as it continues to empower creators around the world. To amplify this mission, Linktree has purchased a 'World of Women Galaxy' from the 'World of Women' collective, which is a community who are taking action to increase diversity in the NFT space, educate and onboard the next generation of creators, and promote equal opportunities for all . Linktree is also committed to maintaining its climate positive status by continuing to invest in green projects as it adds more Web3 features.
As one of the top 300 most popular website destinations globally, with over 1.2 billion monthly views, Linktree continues to prioritise the needs of creators, consumers and brands.
About Linktree
Linktree enables creators, brands, artists, publishers, agencies, and businesses of all sizes to curate an online ecosystem, engage with their audience and monetise their passion. Linktree is among the top 300 most popular website destinations globally, with 1.2 billion unique visitors a month.
In 2021 alone, Linktree enabled over 1 million artists to generate 90 million visits to streaming providers – twice as many artists and three times as many clicks as in the year prior. The platform is utilised by more than 24 million creators, artists, and brands globally including TikTok, Selena Gomez, Noah Beck, Bella Poarch, Red Bull, Shawn Mendes, the Los Angeles Clippers, Comedy Central, Dwayne 'The Rock' Johnson, and HBO.
Media contact:
Linktrees@hstrategies.com
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SOURCE Linktree | https://www.wibw.com/prnewswire/2022/05/17/linktree-enters-web3-with-new-nft/ | 2022-05-17T15:15:07Z |
The proposed joint venture, will lead the development of blockchain based technology solutions to create a central bank digital currency ecosystem to help governments digitize their monetary systems
TORONTO, June 28, 2022 /PRNewswire/ -- The INX Digital Company, Inc. (INXS ATS: INX)(NEO: INXD) ("INX" or the "Company"), a broker-dealer, inter-dealer broker, and owner of a digital asset trading platform, announced today that it has signed a non-binding memorandum of understanding ("MOU") with SICPA, a global Swiss company, leading provider of security inks and identification, traceability and authentication technologies, to help governments digitize their monetary systems.
The Company believes that today, more than ever, governments and central banks around the globe are searching for a path to capitalize on digital currencies. This announcement between INX and SICPA will pave the way for the development of a new, holistic solution for all stakeholders to utilize digital currencies in a secure, scalable environment.
The planned joint venture with SICPA is an integral part of INX's vision to innovate the future of finance and pioneer the new digital economy. Under the terms of the MOU, the Company will work with SICPA to establish a blockchain solution for Central Bank Digital Currency (CBDC) and the supporting ecosystem to assist clients in bolstering monetary sovereignty and efficiently growing overall country GDP. The two companies plan to expand interoperability between different stakeholders across borders through this joint venture.
A longstanding trusted partner and advisor to central banks around the world, SICPA has robust expertise in identification and security solutions, strong digital capabilities, and extensive knowledge of the use of physical cash that allow for the development of new innovative forgery-proof security features to protect monetary sovereignty.
Through the joint venture, many complex and advanced security features developed by SICPA will find applications in the development of a CBDC ecosystem.
The planned joint venture between INX and SICPA aims to allow governments to expand their access to payments infrastructure, facilitate cross-border payments, maintain sovereign currency control through rigorous regulation, and introduce privacy and safety measures.
"We believe that the unique form of CBDC we are working toward is an ecosystem and not only a tech solution," says INX's Deputy CEO and COO, Itai Avneri. "Along with SICPA, our distinguished partner, we harness the power of blockchain (trust, efficiency, cross-border, programmability, compliance, traceability and more) to cultivate a holistic solution that addresses the key requirements for CBDC, which include privacy-preserving, security, financial inclusion, resilience, and more."
"In line with our purpose of enabling trust, our ambition is to develop with our partners a CBDC solution that is efficient, inclusive and safe, enabling trustworthy and privacy-preserving transactions for all, complementary to the use of cash," said Philippe Amon, CEO and Chairman of SICPA. "We look forward to collaborating with INX and leveraging our extensive experience in working with central banks to develop a relevant CBDC solution."
Shy Datika, INX's CEO: "We are excited to collaborate with SICPA and utilize our unique solutions and unparalleled experience as pioneers of a new tokenized economy. Through every step, we have committed to working with regulators. INX is the first company in the world to launch and close on an SEC-registered IPO of a blockchain digital security. Our very own INX token is the working use case for automated KYC, whitelisting of wallets, programmable smart contracts, mass distribution, and unparalleled traceability and visibility on the blockchain. These attributes are mandatory when discussing the CBDC ecosystem and will be incorporated in the innovative solution we are now developing."
The INX Digital Company owns INX Group (INX), which operates regulated trading platforms for digital securities and cryptocurrencies that trade 24/7/365. Founded by Shy Datika in 2017, INX's vision is to be the preferred global regulated hub for all digital assets on the blockchain. INX is on a mission to help list companies as publicly-traded digital securities on the blockchain in a regulated environment with oversight from the SEC and FINRA. This journey started with the first-ever SEC-registered initial public offering of a security token on the blockchain – the INX Token – in which INX raised $83 million from more than 7,200 retail and institutional investors worldwide.
In addition to operating two regulated trading platforms for blockchain assets, the INX Digital Company's interdealer broker - I.L.S. Brokers – will soon offer non-deliverable cryptocurrency forwards to leading global banks. For more information about INX, please visit INX.co
For further information:
Carrie Rubinstein
Head of Content and Media
Email: carrie.rubinstein@inx.co
The INX Digital Company, Inc.
Investor Relations
+1 855 657 2314
Email: investorrelations@inx.co
Market leader in security inks and leading provider of secured authentication, identification, traceability and supply chain solutions, SICPA is a long-trusted partner to governments, central banks, high security printers and the industry. Every day, governments, companies and millions of citizens rely on its expertise, which combines material-based covert features and digital technologies, to protect the integrity and value of their currency, personal identity, value documents, e-government services, as well as products and brands. True to its purpose of enabling trust through constant innovation, SICPA aims to further an Economy of Trust worldwide, where transactions, interactions and products across the physical and digital worlds are based on protected, unforgeable and verifiable data.
Founded in Lausanne in 1927, headquartered in Switzerland and operating on five continents, SICPA employs about 3000 people.
This press release contains statements that constitute "forward-looking information" ("forward-looking information") within the meaning of the applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to entering into a definitive agreement, and the success of the joint venture. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates, and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events, or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, the Company has made certain assumptions, including with respect to the development of the digital asset industry. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to regulatory developments and general economic conditions. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, or changes in factors affecting such forward-looking information or otherwise.
All information contained in this press release with respect to the corporate entities referenced herein was supplied, for inclusion herein, by the respective parties and each party and its directors and officers have relied on the other party for any information concerning the other party.
The NEO Exchange is not responsible for the adequacy or accuracy of this press release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
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SOURCE The INX Digital Company, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/28/inx-sicpa-sign-groundbreaking-memorandum-understanding-establish-joint-venture-develop-an-innovative-central-bank-digital-currency-ecosystem-support-monetary-sovereignty/ | 2022-06-28T13:39:46Z |
BEIJING (AP) — Heavy rains are complicating earthquake recovery efforts in southwestern China, where the death toll from Monday’s disaster has risen to 82.
More than 20,000 people have been moved to temporary shelters amid the threat of landslides and buildings collapsing in the mountainous region of Sichuan province, state media reported Thursday. The rains are expected to last at least through Friday.
Another 35 people are missing and 270 have been hospitalized with injuries from the magnitude 6.8 quake that leveled building and sent boulders tumbling onto roads in Sichuan’s Ganze Tibetan Autonomous Region and neighboring Ya’an city, the reports said.
Buildings were also shaken in the provincial capital of Chengdu, where 21 million people are among the 65 million Chinese under a strict COVID-19 lockdown confining them to their homes and residential compounds.
Following the quake, police and health workers in Chengdu refused to allow anxious residents outside, adding to public frustration over the government’s strict zero-COVID policy mandating lockdowns, quarantines and other restrictions, even while the rest of the world has largely reopened.
Despite the impact on the economy and public sentiment, the policy has become closely identified with president and Communist Party leader Xi Jinping in what has been called a politicization of health care.
The government is also discouraging domestic travel during the mid-autumn festival on Saturday and the weeklong national holiday at the start of October.
Virus outbreaks have been reported in 103 cities, the highest since the early days of the pandemic in early 2020.
Monday’s quake was centered in a mountainous area of Luding county, which sits on the edge of the Tibetan Plateau roughly 200 kilometers (125 miles) from Chengdu.
Friction between tectonic plates in the region frequently cause earthquakes, including China’s deadliest in recent years, a 7.9 magnitude temblor in 2008 that killed nearly 90,000 people in Sichuan.
That quake devastated towns, schools and rural communities outside Chengdu, leading to a years-long effort to rebuild with more resilient materials. | https://cw33.com/news/international/ap-international/ap-heavy-rain-after-deadly-china-quake-complicates-recovery/ | 2022-09-09T00:56:41Z |
NEW YORK, July 14, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Pegasystems Inc. ("PEGA" or the "Company") (NASDAQ: PEGA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PEGA investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons and entities that purchased PEGA common stock between May 29, 2020 and May 9, 2022, inclusive. Follow the link below to get more information and be contacted by a member of our team:
PEGA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) PEGA had engaged in corporate espionage and misappropriation of trade secrets to better compete against Appian, a principal competitor; (2) defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of such corporate espionage and trade secret theft; (3) defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO; (4) the Company's CEO and other officers and employees did not comply with the Company's written Code of Conduct, including its express prohibition on "stealing" confidential information from a competitor and "misrepresenting your identity in hopes of obtaining confidential information"; (5) the Company was "unable to reasonably estimate damages" in the lawsuit filed by Appian as a result of the foregoing misconduct (the "Appian Litigation"); and (6) as a result of the foregoing, defendants' statements about PEGA's business, operations, prospects, legal compliance, and potential damages exposure in the Appian Litigation were materially false and/or misleading and/or lacked a reasonable basis when made.
WHAT'S NEXT? If you suffered a loss in PEGA during the relevant time frame, you have until July 18, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/07/14/pega-lawsuit-alert-levi-amp-korsinsky-notifies-pegasystems-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-14T10:13:08Z |
- Tagatose – a naturally-occurring sugar replacement – acts like dietary fiber in the human gut, feeds good gut bacteria, and contributes to gut health, which is associated with increased immunity and other positive health outcomes.
- Tagatose also contributes positively to metabolic health, oral health, and has 60% fewer calories than sugar.
- Despite tagatose's positive health benefits, the FDA is forcing food companies to count tagatose under "added sugar" grams on the Nutrition Facts Panel, which has the effect of denying consumers access to relevant information.
- Internal FDA documents discovered via the Freedom of Information Act indicate a potential FDA bias against health-focused innovation and in favor of industrial corn sweetener producers.
CHARLOTTESVILLE, Va., May 19, 2022 /PRNewswire/ -- In a convoluted, contradictory, and illogical letter that could have been ghost-written by high fructose corn syrup (HFCS) lobbyists, the FDA denied Bonumose's 2018 Citizen Petition requesting the FDA to allow truthful and helpful information about tagatose to be communicated to consumers.
Healthy tagatose has been available as a food ingredient for approximately 25 years, but so far its production costs are so high that it has been unattainable for the average consumer and too expensive for widespread use in food products.
Tagatose, unlike most sugar alternatives, has an attractive flavor; is 92% as sweet as regular sugar; has nearly the same functional properties as sugar does in food (for example, tagatose depresses the freezing point in ice cream for a creamy texture); and is the closest thing to being a drop-in replacement for sugar in large-scale food production equipment.
Amazingly, tagatose also has positive health benefits. Tagatose not only does not cause tooth decay, but it even breaks up dental plaque, meaning tagatose is suitable for toothpaste and mouthwash, and is long-recognized by U.S. and European law for a dental health claim. Tagatose not only does not increase blood glucose levels, but also has the effect of moderating sugar spikes caused by other ingredients, and under European law can carry a blood glucose lowering claim.
Of critical importance, tagatose feeds beneficial bacteria in the gut, which makes it healthy for the gut microbiome. In fact, the only calories present in tagatose (1.5 calories per gram, or 60% lower than sugar) are predominantly due to tagatose acting like soluble dietary fiber in the large intestine, which means tagatose's calories are not "empty calories."
After Phase 3 clinical trials, tagatose has been compared to Metformin® (the current first line defense against diabetes) in its ability to manage hyperglycemia. Tagatose also has been shown in preliminary studies to inhibit the production of toxins by the virulent gut pathogen Clostridioides difficile (aka C. Diff.). And tagatose can be made into HMF for sickle cell disease treatment.
Though tagatose has historically been 50 times as expensive as regular sugar and was made from dairy-based materials, Bonumose invented a low-cost method of making plant-based tagatose. Bonumose's patented process has the potential to lower the cost of tagatose to below the cost of most sugar alcohols (which are produced by corn refiners) and potentially to cost-parity with HFCS-55 when produced in the future at comparable mass scales. Bonumose will start producing tagatose at small commercial-scale this summer and is on a mission to make nourishing tagatose affordable for the global mass market.
Though acknowledging tagatose's many health benefits, the FDA informed Bonumose on May 18, 2022, that tagatose must – at least for the time being – be listed under "added sugar" grams on the Nutrition Facts Panel (NFP).
The FDA's decision is diametrically opposed to the FDA's 2020 decision to allow allulose (another rare monosaccharide) to be exempted from "sugar" for NFP labeling purposes. It should come as no surprise that allulose is made from fructose by HFCS companies in a complicated and costly process that relies upon HFCS production.
"The FDA is the same agency that is fumbling the country's current infant formula crisis, and the tagatose decision is from the same office within the FDA that was called out for ineptitude and infighting in a recent scathing report by POLITICO," said Ed Rogers, Bonumose's CEO. "Tagatose's attractiveness as a great-tasting, lower-cost sugar replacement with positive health benefits of course makes entrenched corn sweetener companies nervous. And tagatose's potential to make some high-priced pharmaceuticals obsolete must make the FDA and drug companies nervous, too."
Diet-related diseases annually cost trillions of dollars to treat. Tagatose can play a vital role in the food-as-medicine movement. The European Union, Chile and other countries treat tagatose differently than "sugar," but here in the United States existing industry influences cause the FDA to fail to serve U.S. consumers.
"On one side you have Bonumose, health-conscious consumers, and better-for-you food companies, and on the other side are the FDA, the oligopoly of politically-connected high-fructose corn syrup companies, and global pharmaceutical companies," added Mr. Rogers. "Not only should tagatose not be counted under "sugar" grams, but it really should be counted under "fiber" grams. If the FDA actually cared about human health, it would encourage, not discourage, the broad adoption of tagatose. Early in Bonumose's history the communist government-owned Chinese Academy of Sciences tried to steal our invention and claim it as its own, and we beat them. Now we will fight the FDA's folly, and we believe the FDA will not be successful in suppressing the tagatose truth for too long."
About Bonumose: Bonumose is a growth-stage startup food ingredient and enzyme innovation company based near Charlottesville, Virginia. Bonumose is supported by global strategic investors and "food for health"-focused institutional investors, and an expanding network of global collaboration partners across the value chain. Bonumose developed and patented the methods for continuous production of high-purity tagatose from low-cost, plant-based starch. Bonumose's process includes upcycling by-product/sidestream starch left over from its supply chain partners' food production. Beyond food ingredients, Bonumose also is developing enzyme solutions for dietary supplements, crop protection, animal nutrition, and other globally-significant industries. Due to the global public health significance of Bonumose's innovations, the World Economic Forum recently designated Bonumose as a "Technology Pioneer" for 2022. Bonumose operates with a philosophy of Business as a Moral Imperative.
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SOURCE Bonumose, Inc. | https://www.kxii.com/prnewswire/2022/05/19/bonumose-says-fda-sides-with-high-fructose-corn-syrup-producers-against-consumers-by-suppressing-truthful-information-about-tagatose/ | 2022-05-19T17:10:04Z |
Cost effective and remote quantification of carbon content in agricultural soil
MISGAV, Israel, June 6, 2022 /PRNewswire/ -- The Bayer Trendlines Ag Innovation Fund ("the Fund"), set up by Bayer CropScience LP ("Bayer") and The Trendlines Group Ltd. ("Trendlines") (SGX: 42T) (OTCQX: TRNLY), announced the establishment of TierraSpec Ltd. ("TierraSpec"), a new company focused on real-time remote measurement and validation of carbon sequestration in agricultural soil to allow the issue of carbon credits and soil health monitoring. TierraSpec's technology is based on over 30 years of scientific research performed in the lab of Prof. Eyal Ben-Dor at Tel Aviv University and is commercialized in collaboration with Ramot, Tel Aviv University's Technology Transfer arm and with the Israel Innovation Authority. TierraSpec is headed by CEO, Avital Levy-Lior, PhD.
Soil is the second largest carbon sink in the world and yet only 1-2% of projects are eligible for issuing carbon credits from carbon sequestration in agricultural lands. This is due to the lack of reliable economical technology for the measurement and quantification of carbon in agricultural soils.
TierraSpec is developing a platform for measuring and validating carbon sequestration in agricultural soils using remote sensing, employing unique testing methods and advanced machine learning modeling. The platform will be a cost-effective tool for the validation of carbon sequestration that will allow reporting to carbon registries for issuance and sale of carbon credits.
Trendlines Agrifood Fund CEO, Nitza Kardish, PhD commented, "We believe TierraSpec will revolutionize the measurement and validation of carbon sequestration in agricultural soils. Enabling farmers to accurately report on the carbon content in their fields will give them access to the carbon credit markets and encourage a widespread move to more sustainable agricultural practices."
"Scalable soil measurement, reporting, and verification will be crucial in the development of a model-based soil organic carbon estimation," said Johan Botterman, PhD, from the Open Innovation and Strategic Partnerships team for Bayer CropScience. "We are excited to support TierraSpec in the development and application of new soil assessment tools, and addressing the increasing interests in soil health, as part of our commitments to innovation and sustainability."
The Bayer Trendlines Ag Innovation Fund was established in 2016 as a collaborative partnership between The Trendlines Group and Bayer to invest in agricultural technologies. The partnership includes a US$10 million investment from Bayer. Bayer's decades of experience in agricultural science, innovation, and regulatory affairs, alongside Trendlines' specialization in investing in innovative, early-stage medical and agricultural technologies, form the base of this strong alliance.
About The Trendlines Group
Trendlines invests in and incubates innovation-based medtech and agrifood technologies to fulfill its mission to improve the human condition. As intensely hands-on investors, Trendlines is involved in all aspects of its portfolio companies from technology development to business building. Trendlines' shares are traded on the Singapore Stock Exchange (SGX: 42T) and in the United States as an American Depositary Receipt (ADR) on the OTCQX (OTCQX: TRNLY).
Bayer: Science For A Better Life
About Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to benefit people by supporting efforts to overcome the major challenges presented by a growing and aging global population. At the same time, the Group aims to increase its earning power and create value through innovation and growth. Bayer is committed to the principles of sustainable development, and the Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2020, the Group employed around 117,000 people and had sales of 39.6 billion euros. Capital expenditures amounted to 2.6 billion euros, R&D expenses to 5.2 billion euros. For more information, go to www.bayer.com.
Contact Information
Israel:
Shira Zimmerman, The Trendlines Group
shira@trendlines.com
Tel: +972.72.260.7000
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SOURCE TierraSpec | https://www.kxii.com/prnewswire/2022/06/06/bayer-trendlines-ag-innovation-fund-co-invests-with-trendlines-tierraspec/ | 2022-06-06T11:20:00Z |
Gunter rolls into regional semifinals against Harmony
GUNTER, Texas (KXII) - The Gunter Tigers are looking to get back to the state tournament this year, and so far, they are on the right track.
The Tigers are heading into the regional semifinals where they will take on Harmony this week. It is a best of three series that begins on Thursday. Gunter is looking to take another step toward the state tournament.
“At this point we are used to it,” infielder Trey Oblas said. “Taking care of business one game at a time. You can’t really get ahead of yourself and look into the future. you just have to play it.”
“We haven’t lost a playoff game yet,” outfielder Kaden Rigsby said. “It has been fun. It is expected that we make it this far every year. It’s a Gunter tradition to play baseball this late.”
“Our kids have been in big games, big moments,” head coach Daryl Hellman said. “They handle it really well. I like their composure and maturity. I feel like they know what is ahead of us and know what it will take to get there.”
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/05/25/gunter-rolls-into-regional-semifinals-against-harmony/ | 2022-05-25T04:34:23Z |
WATSONVILLE, Calif., Sept. 6, 2022 /PRNewswire/ -- The MILPA Collective releases "Truth Telling and Palabra: A Project at Rikers Island," a report that memorializes a transformative project that brought safety, stability, and healing to incarcerated young people [ages 18-21] and correctional staff at the RNDC jail at Rikers Island in Queens, New York.
From June 2021 through January 2022, at the request of Commissioner Vincent Schiraldi, MILPA and a team of expert consultants led a project at Rikers Island to stabilize conditions for incarcerated young adults and frontline staff. Like most jurisdictions across the country, rates of violence are nine times higher among young adults than any other group, making a focus on young adults key to stabilizing conditions agency-wide.
The MILPA approach of working in community and carceral settings across the U.S via the leadership of formerly incarcerated Chicano Indigenous and Black relatives uniquely positioned them to guide this project. "Our work wasn't about flooding Rikers with more programs. Our work was about making systemic change. Organizing with those who live and work inside, to challenge the systemic racism and toxic culture that sustains the status quo at Rikers," says Juan Gomez, Executive Director of MILPA. "And while we always try to balance urgency with the process, at Rikers, we had to treat every day like a war zone with a disaster relief mission."
In just seven months MILPA led a team of expert consultants and accomplished the following:
- Completed a participatory planning process in partnership with frontline staff and incarcerated young adults
- Designed a new model of jail operations for young adults
- Opened four transformed pilot living units using the new operations model
- Trained upwards of 50 correctional staff to work in the units
- Facilitated healing-engaged workshops
- Crafted a new antiracist policy to codify the new model with an eye toward scale.
Planning and preparation began in June 2021, and on November 1st the first pilot units opened, with the second two opening in mid-December 2021. From then through January 2022, only one fight occurred, while the other RNDC units experienced a total of 47 stabbings and slashings during the same period. Using a unique combination of facility-based organizing tactics, a participatory planning process, and a disaster relief approach, the team built an "inside" coalition of Black and Chicano Indigenous frontline staff and incarcerated people aligned in purpose, process, and hope for the future.
In January 2022, the project ended when Commissioner Schiraldi and his administration were ousted by the incoming Mayor. "While this story has an equivocal ending, the report has been written to memorialize the heart and hard work that staff and incarcerated people put into making this vision a reality while reflecting on its implications for the field."
You can access the full report, "Truth Telling and Palabra: A Project at Rikers Island," here and the Executive Summary here.
About MILPA: MILPA is a non-profit organization that is founded and led by formerly incarcerated Chicano Indigenous people. MILPA is a movement space dedicated to Cultivating Change Makers for The Next Seven Generations. For more, visit milpacollective.org
MEDIA CONTACT:
Dayanna Macias- Carlos
Email: pressoffice@milpacollective.org
Phone: (559)289-9885
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SOURCE MILPA Collective | https://www.wibw.com/prnewswire/2022/09/06/truth-telling-palabra-project-rikers-island-report-released-by-milpa-collective/ | 2022-09-06T13:06:41Z |
UVALDE, Texas (Nexstar) — There’s now a petition to stop the sale of all assault rifles in Uvalde. Who is the one helping lead this effort? A teacher who watched his students be murdered and wounded himself.
Arnulfo Reyes, posted on his Facebook page on Wednesday saying: “I meant what I said and said what I meant. I will not let my students die in vain. Now Uvalde back me up. #uvaldeatrong.“
This comes just over two months after he lost his students in the May 24 Robb Elementary School shooting.
The petition is addressed to Randy Klein, the principal owner of the Oasis Outback. It’s a bar and grill that also sells “archery supplies including ammunition, targets, tree stands, fishing rods, reels, and tackle,” according to its website.
The Oasis is where the accused Uvalde gunman bought the rifle — within days of his 18th birthday —according to investigators.
The petition authors are a group called, “Uvalde Strong for Gun Safety.” They wrote:
Mr. Klein,
As you know, on May 24, 2022, a massacre occurred in our community at Robb Elementary School that resulted in the untimely and tragic death of nineteen children and two teachers. It was an assault rifle purchased at your place of business that was used in the shooting. This tragedy will undeniably negatively impact the community at large for generations to come. Therefore, we write to you today with great urgency.
Soon after the murders befell our town, we formed an organization called Uvalde Strong for Gun Safety. Many citizens from Uvalde and the surrounding areas are members of this group, as well as individuals from all over the country. We recognize that Oasis Outback has positively served the community in several ways and performs a vital role in contributing to our municipality’s vibrancy. The members of this group feel strongly about our second amendment rights and support your establishment’s commitment to selling guns and ammunition. However, we come to you today with a request.
Out of RESPECT for and in support of those affected by this catastrophe, we strongly urge you to cease the sale of assault rifles and the ammunition paired with them. In addition, we ask that you discontinue the handling of gun transfers of this style of firearm from gun retail stores and manufacturers. Doing so will ensure that children across Uvalde County will never have to worry about a new purchase of this type of weapon. We hope you will comply with our request over the next thirty days.
Stand with us! Your support will help us heal as a community. We thank you for your time.
Sincerely,
Uvalde Strong for Gun Safety
On Thursday evening, the petition had more than 700 signatures with a goal of 1,000. | https://cw33.com/news/i-will-not-let-my-students-die-in-vain-uvalde-teacher-calls-for-assault-weapons-ban-in-his-town/ | 2022-07-29T13:48:40Z |
NEW YORK (AP) — A day after calling Yankee Stadium a “Little League ballpark” following Gleyber Torres’ game-winning home run over the right field short porch, Texas Rangers manager Chris Woodward said he regretted his postgame remarks.
“Probably bad words on my part,” he said Monday. “I gave it a layup for a lot of people. But listen, I meant no disrespect, obviously, to this place. And it’s obviously a world-class organization, ballpark. I talk about it as always being like one of my favorite places to come play, but I understand why Yankee fans will get upset about it. That’s why I love them.”
Torres’ ninth-inning drive off John King (1-1) traveled 369 feet and was hit at 106.5 mph, giving the Yankees a 2-1 win in a doubleheader opener.
“Small ballpark. That’s a easy out in 99% of ballparks,” Woodward said Sunday. “Just happened to hit it in a Little League ballpark to right field.”
Torres’ shot would have been a home run in 26 of the 30 major league ballparks, according to MLB Statcast.
“His math is wrong — 99%’s impossible,” Yankees manager Aaron Boone said. “There’s only 30 parks.”
New York took a swipe at Woodward when Giancarlo Stanton hit a 461-foot home run to left in the second game, a 4-2 Texas win.
“We are going to guess this is a home run in 30/30 major league ballparks,” the Yankees tweeted.
Torres’ seven walk-off hits since 2018 are the most in the majors in that span. That was his second game-ending homer.
“Both teams play in the same ballpark. It’s the same dimension,” Torres said. “I feel good to hit a walk-off homer in the Little League ballpark.”
Woodward, in his fourth season as the Rangers’ manager, is familiar with New York from his time as an infielder with the Mets in 2005 and ’06. He laughed a little bit at the Yankees tweet.
“I adore the city. The ballpark is probably one of my favorite places to come,” Woodward said. ”They’ve got a short right field. They always have. Honestly, it was back to the old park. And that’s kind of what makes this place unique in a lot of ways. And hats off to Gleyber. Man, he hit that ball hard.”
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/woodward-regrets-saying-yankees-have-little-league-park/ | 2022-05-10T01:09:56Z |
CEDARHURST, N.Y., Aug. 10, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Unilever PLC (NYSE: UL), if they purchased the Company's American Depositary Receipts ("ADRs") between September 2, 2020 and July 21, 2021, inclusive (the "Class Period"). Shareholders have until August 15, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nyse-ul/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.kxii.com/prnewswire/2022/08/11/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-unilever-plc-ul/ | 2022-08-11T04:33:41Z |
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